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... (Continue reading)
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... (Continue reading)
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... (Continue reading)
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... (Continue reading)
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... (Continue reading)
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... (Continue reading)
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... (Continue reading)
Gold risses to US $ 1,445 per ounces as fuel goes to $106: Because of the increase in the price of petrol that is $106, gold automatically rises to new marks. Gold pricess increases because of increase in price of... (Continue reading)
Ford sees best profit in 11 years Ford has reported a profit of $6.6bn (£4.1bn) in 2010 – its best performance in more than a decade. Sales volumes climbed by 20% as the US carmaker credited an improving economy for... (Continue reading)
Toyota recalls 1.7m vehicles Worldwide Japanese car manufacturer Toyota is to recall nearly 1.7 million vehicles worldwide over concerns about a possible fuel leakage. There have been 140 reports in Japan of the problem. About 1.2 million models are being... (Continue reading)