11 percent rise in foreign investors' profit repatriation
Foreign investors sent $519 million as their profits abroad during first seven months of the current fiscal year as compared to $467.9 million of the corresponding period of 2006-07, depicting an upsurge of some 11 percent more... (BR)

Rise in POL, power prices may increase inflationary pressure
The decision by the caretaker cabinet to raise petroleum product prices and electricity tariffs is expected to increase inflationary pressure, analysts said. "The announced price/tariff will directly inflate Consumer Price Index (CPI) more... (BR)

Stocks get heavy battering as world bourses falter
The share market on Monday fell across a broad front on near-panic selling partly in response to steep fall in world bourses amid renewed fears over the US more... (D)

PPP says it will review fuel price hike: Recent political appointments assailed
The Pakistan People’s Party has strongly denounced statements emanating from the caretaker set-up claiming PPP’s approval in recent political appointments and in the hike in oil prices more... (D)

Judges’ detention: Aitzaz to file FIR against Musharraf
President of the Supreme Court Bar Association (SCBA) Aitzaz Ahsan has said he will file an FIR against President Pervez Musharraf and officials concerned for more... (D)

Kayani briefs Musharraf on operation
Chief of the Army Staff Gen Ashfaq Parvez Kayani met President Pervez Musharraf on Monday and discussed with him the ongoing operation against militants more... (D)

Banks to open 1,013 more outlets during 2008: SBP issues new policy
The Sate Bank of Pakistan (SBP) has approved a new aggressive branch licensing policy for the year 2008, under which banks would open over 1,000 branches and sale centres across the country, especially more... (BR)

Dubai-based firm buys stake in Bosicor
Dubai-based private equity company Abraaj Capital said on Monday it bought into Pakistani energy firm Bosicor to tap growing demand for petroleum products more... (D)

SECP to provide figures on daily basis: Portfolio investment
The Securities and Exchange Commission of Pakistan (SECP) has decided to determine non-resident investors net flows in the local capital market on a daily basis more... (D)