Rs.103Bn New Taxes In Budget
Rs.103Bn New Taxes In Budget Government has decided to introduce new taxation measures of Rs103 billion in the budget for 2011-12, mostly in the form of indirect taxes which will add to the burden on the common man. General Sales...
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Pakistan Budget 2011 & 2012
Finance Minster Presents Pakistan Budget for 2011-2012: Pakistan Finance Minister Mr. Hafeez Sheikh Presents Pakistan Finacial Budget for the fiscal year 2011-2012. During the Budget Speech Oppositiion continuosly chants the Government and their policies towards Country soverghnity and Security. Pakistan...
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Mobile Wallet Launched in UK
Mobile Wallet Launched in UK The idea of the mobile wallet is gaining popularity around Europe. The first service that allows users to pay for purchases via their mobile phone has been launched in the UK. Users wishing to use...
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SBP to issue Rs 20 Coin
SBP to issue Rs 20 Coin The State Bank of Pakistan will begin issuing from Saturday a Rs 20 memorable coin to celebrate 2011 as the Pakistan-China friendship year. The memorable coin was launched on Friday on the occasion of...
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PTA Reports to Block 3.5 Million Mobile phone accounts
PTA Reports to Block 3.5 Million Mobile phone accounts Pakistan telecommunication authority reports to block approximately 3.5 million SIM cards not registered by its users. As a rule Pakistan, mobile users must include the identity of the SIM card before...
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Bomb Found in Ireland Before Queen Arrives
Bomb Found in Ireland Before Queen Arrives: LONDON — Hours before Queen Elizabeth II arrived in Dublin on Tuesday for the first visit by a reigning British monarch to the Irish Republic, the army there defused a pipe bomb discovered...
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Generators Business in Pakistan
Growing Generator Business in Pakistan: In summer Generator prices in pakistan becomes double and people are forced to buy such expensive generators. Rapid growth and import recorded in this power sector. As the temperature rices in the summer, loadshedding increases...
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Malaysia’s Petronas to invest $20bn in energy complex
Malaysia’s Petronas to invest $20bn in energy complex . Malaysian oil and gas company Petronas plans to a build a $20bn (£12.3bn) factory complex to produce chemicals and refine crude oil. The facility will be located in the southern state...
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Strauss-Kahn IMF Head charged over New York ‘sex crime’
Dominique Strauss-Kahn, The head of the International Monetary Fund, has been charged by New York police over an alleged sex attack on a hotel maid. Police say he faces three charges, including attempted rape. His lawyers say he denies the...
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World Strongest Banks
List of Worlds Strongest Banks 2011: World Top Bank List: 1 .Oversea-Chinese Banking (Singapore) 2. Svenska Handelsbanken (Sweden) 3. National Bank of Canada 4. Canadian Imperial Bank of Commerce 5 .DBS Group Holdings (Singapore) 6 .United overseas Bank (Singapore) 7...
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Microsoft Bought Skype for 8.5 Billion Dollars
Microsoft Buys Skype for Ever High US$ 8.5 Billion: Microsoft Corporation has made the biggest deal in the software maker’s 36-year history: an $8.5-billion US Dollars, Ever High bid from a software giant for a company. Buying Skype would give...
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Internet Giant Google reports a sharp rise in First Quarter Earnings
Internet Giant Google reports a sharp rise in First Quarter Earnings Google Earnings show sharp increase in First Quarter. The world’s leading search engine reported $6.54bn (£4bn) in net revenue in the first quarter, up 29% from $5.06bn last year...
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Higher Petrol Prices Pushes US Inflation up
Higher Petrol Prices Pushes US Inflation up US Inflation hits 2.7% because of Higer Petrol prices. Increasing food and petrol prices pushed up US inflation rate from 2.1 % to 2.7 %. US inflation rate was 2.1 % in February...
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China’s Economy Continues to Boom
China’s Economy Continues to Boom China’s economy continues to boom in March and inflation increased since 2008. China’s economy expands 9.7% as inflation speeds up. Consumer prices rose by 5.4% in March as compare to last year. In February, the...
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Nestle Plans to set up Juice plants
Nestle Plans to set up Juice plants Pakistan: Nestle is planning to set up two juice plants in Pakistan. Nestle Pakistan Head of Corporate Affairs Fakhar Ahmed said “Pakistan produced large quantities of finest fruits, which could be processed. There...
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