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Yearly Archives: 2017

Technology

Technology News

PAKISTAN WITHHOLDING TAX EXEMPTION ON RS.100 CARDS PROPOSED: The Senate Standing Committee on Information Technology and Telecommunications Monday recommended for not deducting Withholding Tax (WHT) on mobile cards of Rs 100, as it is mostly consumed by people who are …

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Gulf

Gulf News

70% RESIDENTS NOT AWARE OF ‘FINANCIAL GOALS’ Around 70 per cent of the UAE residents are not sure what steps to take to achieve their financial goals, says a new survey released on Monday. The Financial Planning Survey, conducted by …

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Commodity

Commodity News

OIL MARKETS SPRING BACK AS OPEC, RUSSIA SUPPORT Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing supply cuts led by OPEC and Russia. Brent futures were at $63.66 per barrel at 0246 …

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Shipping

Shipping News

BALTIC SEA FREIGHT INDEX RISES The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Wednesday, mainly driven by increased rates for capesize vessels. The overall index, which factors in rates for …

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Pakistan

Pakistan News

MINISTER EXPECTS EXPORTS TO DOUBLE BY NEXT YEAR Minister for National Health Services, Regulations and Coordination Saira Afzal Tarar informed the Senate on Monday of a substantial increase in pharmaceutical exports from the country, expecting them to double by the …

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India

India News This Week

JAITLEY’S 10% TAX ON INCOME FROM CARBON CREDITS A MIXED BAG MUMBAI/CHENNAI: The Finance Bill proposes to levy a tax of 10% on income earned on transfer of carbon credits. Such a tax will be levied on the gross income, …

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Press Releases

Press Releases

NATIONAL HIGHWAY COUNCIL MEETS BUDGET ESTIMATES DEVELOPMENT PLAN APPROVED The Federal Minister for Communications Hafiz Abdul Karim last week presided over the meeting of National Highway Council (NHC) at the Ministry of Communications. Federal Minister of State for Communications Muhammad …

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Consumer Price Index

consumer price index

It is one of the best known lagging indicators. The consumer price index expresses the current prices of a basket of goods and services in terms of the prices during the same period in a previous year, to show effect …

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Balance Of Trade

Balance of trade figures weak in March 2018

The balance of trade compares the value of a country’s exports of goods and services against its imports. When exports are greater than imports, that’s a trade surplus. Most nations view that as a favorable trade balance. A country that …

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