Rs 1.9 billion shortfall in July-December SED collection
The Federal Board of Revenue (FBR) has collected Rs 4.1 billion as Special Excise Duty (SED) during July-December (2007-2008) against half-yearly target of Rs 6 billion, reflecting a shortfall of Rs 1.9 billion more... (BR)

'Pakistan deprived of $500 million in basmati rice export'
Pakistan has been deprived of a huge amount of $500 million from its basmati rice export alone in the July-February period of FY08, as the country got low unit price of this commodity against the average unit prices of basmati varieties earned by India more... (BR)

SPI-based inflation up by 17.35 percent
The SPI-based inflation increased by 17.35 percent in the week ending on March 27 2008 over the same period of last year, with prices of 22 essential commodities going up more... (D)

President’s attitude to determine future relations, says Asif
Pakistan People’s Party co-chairman Asif Ali Zardari said here on Sunday that the ruling coalition’s relationship with President Pervez Musharraf would be determined by the latter’s attitude towards parliament more... (D)

Musharraf says he’ll cooperate with new govt
President Pervez Musharraf said on Sunday he would like to extend cooperation to the government at the centre and in the provinces with a single objective in mind more... (D)

Ministers must adhere to 100-day plan: Gilani
Prime Minister Syed Yusuf Raza Gilani said on Sunday that every member of his cabinet would be required to closely adhere to the 100-day programme announced by him in the National Assembly to provide immediate relief to the common more... (D)

MCB Bank registers 26 percent growth in after-tax profit
The 60th annual general meeting of the members of MCB Bank Limited was held here on Friday under the chairmanship of bank's director Aftab Ahmed Khan and was also attended by President Atif Bajwa and Chief Executive Officer (CEO) Tahir Hassan Qureshi more... (BR)

Cement industry's contribution to GDP under-reported
The overall contribution of manufacturing sector particularly cement industry to Gross Domestic Product (GDP) is under-reported due to non-availability of basic/vital statistics of cement units, regarding, production and capacity utilisation more... (BR)

Advance tax payments: banks, DFIs depict 17.3 percent decline in second quarter
Top corporate sectors like banks and financial institutions have shown negative growth of 17.3 percent in payment of advance income tax during second quarter (October-December) 2007-08, whereas engineering and oil/gas sectors have followed more... (BR)

BankIslami's 100 online branches network by December 2008
ankIslami is all geared up to become a 100 Online Branch Network Bank by December 2008. This was announced at the annual general meeting held at a local hotel here more... (BR)