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Riffat Mughal

IMF delegation to visit Pak in November says Hafeez - 0 views

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    WASHINGTON: A delegation from International Monitory Fund (IMF) would visit Pakistan in November informed Finance Minister Dr Abdul Hafeez Sheikh on Saturday.
Riffat Mughal

India withdraws veto on EU package for Pakistan - 0 views

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    ISLAMABAD: India on Wednesday announced withdrawal of its veto on a European Union Duty free programme for Pakistani products in World Trade Organization.
Riffat Mughal

Chinese company sets to invest in Pakistan power sector - 0 views

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    ISLAMABAD: Chinese company M/S Dongfang Electric Corporation (DEC) is all set to invest in various sectors of energy generation in the country.
Riffat Mughal

LSM growth remained flat - 0 views

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    KARACHI: The month of July witnessed nominal growth in Large Scale manufacturing growth as it recorded growth of mere 0.68 percent to place the Quantum Index Numbers of the LSM Industries at 207.04 points as compared to 205.64 points in the corresponding period of the previous year, according to the latest statistics released by Federal Board of Statistics (FBS)
Riffat Mughal

Analysis: Pakistan refineries production 2MFY11-12 - 0 views

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    Pakistan refinery sector production fell by 18 percent 2MFY11-12 Pakistan refinery sector production fell by 18 percent as it stood at 1.2 million tons in first two months of fiscal year 2011-12 (2MFY11-12) as compared to 1.4 million tons in the corresponding period last year. However, in the month of August, Pakistan's refinery production slashed by 28 percent month on month (MoM).
Riffat Mughal

Adoption of reforms agenda must for economic stability: ADB - 0 views

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    ISLAMABAD: Pakistan's economic outlook is positive, however needs adherence to the national economic reforms agenda to overcome the challenges it has been facing currently, newly appointed Country Director Asian Development Bank (ADB) said here on Thursday.
Riffat Mughal

Pakistani forex reserves fall to $17.79bln - 0 views

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    KARACHI: Pakistan's foreign exchange reserves fell to $17.79billion in the week ending Sept. 10, from $18.06 billion in the previous week, the central bank said on Thursday.
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    KARACHI: Pakistan's foreign exchange reserves fell to $17.79billion in the week ending Sept. 10, from $18.06 billion in the previous week, the central bank said on Thursday.
Halal Tamweel

NEPRA reduces 65 paisas per unit in KESC tariff - 0 views

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    KARACHI: The curtailment 65 paisas per unit have been approved by National Electric Power Regulation Authority (NEPRA) on Thursday for the consumers in Karachi on Thursday, local media reported.
Halal Tamweel

FDI falls to $21 million during August - 0 views

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    KARACHI: Foreign Direct Investment (FDI) continued its declining trend and went down to $21 million in the month of August against $91 million in the previous month, according to the latest data issued by State Bank of Pakistan (SBP).
Riffat Mughal

LPG price goes up by Rs 13/kg - 0 views

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    ISLAMABAD: Prices of Liquefied Petroleum Gas (LPG) has increased by 16 percent or Rs 13 per kilogram, notification issued by Oil and Gas Regulatory Authority (OGRA) on Tuesday.
Riffat Mughal

Weekly inflation down by 0.11pct - 0 views

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    ISLAMABAD: The Sensitive Price Indicator (SPI), for the lowest income group up to Rs.3,000 has registered a decrease of 0.11 percent for the week ended on September 15 over the previous week.
Riffat Mughal

Microfinance has potential to expand outreach: Hasnain - 0 views

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    KARACHI: Microfinance industry in Pakistan is a growing industry and it is currently serving approximately two million customers said Syed Samar Hasnain, Director, Agricultural Credit & Microfinance Department, State Bank of Pakistan.
Riffat Mughal

Fruit, vegetables exports increased - 0 views

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    ISLAMABAD: Fruit and vegetable export from the country during the first two months of current financial year grew by 60.46 per cent and 80.87 per cent respectively.
Riffat Mughal

10pct rise in seafood exports - 0 views

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    ISLAMABAD: Export of fish and fish preparations increased by 10.10 percent during the first two months of the current fiscal year (2011-12) compared to the exports of the same period of last year.
Riffat Mughal

High paid-up-capital necessary for sound financial system says Hasnain - 0 views

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    KARACHI: Syed Samar Hasnain, Director, Agricultural Credit & Microfinance Department, State Bank of Pakistan said that the paid up capital requirement set by the central bank for the microfinance banks is high. But it is necessary at the same time to ensure a sound financial system.
Halal Tamweel

ADB projected moderate economic growth - 0 views

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    KARACHI: The Asian Development Bank (ADB) has presented a modest economic growth forecast of 3.7 percent for Pakistan for FY12, lower than government's target of 4.5 percent.
Riffat Mughal

Circular Debt: Banks agree to extend more credit to power sector - 0 views

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    ISLAMABAD: The negotiations between the government and commercial banks remained successful on Tuesday to resolve the mounting circular debt issue of Rs 400 billion in the power sector of the country.
Riffat Mughal

Circular debt: PM asks committee to report on Oct 12 - 0 views

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    ISLAMABAD: Rising circular debt issues and ongoing power riots have brought Prime Minister Syed Yousuf Raza Gilani into action as he asked the inter-ministerial committee on energy to submit report in the special Cabinet meeting on October 12.
Riffat Mughal

Kinnow: Bumper crop expected this year - 0 views

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    ISLAMABAD: Owing to timely monsoon rains, bumper kinnow crop is expected during the current year (2011-12), raising the chances to surpass the exports figures of previous year.
Riffat Mughal

Revenue collection increases by 27.4 percent in first quarter: FBR - 0 views

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    ISLAMABAD: The Federal Board of Revenue (FBR) has realized a total provisional collection of Rs.373.819 billion during the first quarter of July-September 2011-12 showing an overall increase of 27.4 percent as compared to same period of last fiscal year.
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