LONDON, May 29, (APP/AFP) – Europe’s main stock markets opened lower in thin trading on Monday, getting the week off to a slow start as the markets in London and later on Wall Street were closed for a public holiday. In the eurozone, Frankfurt’s DAX 30 index eased 0.1 percent to 12,588.80 points and the […]
Business News
European stocks lower at open
-
Rs 3,500 mln allocated for SUPARCO projects
ISLAMABAD, May 29 (APP): The government has allocated a total of Rs 3,500 million for an on-going and one new scheme of SUPARCO under PSDP for the fiscal year 2017-18. According to a budgetary documents, a total of Rs. 3279.988 million had been allocated for on-going project Pakistan Remote Sensing Satellite (PRSS) Lahore (China). Likewise, […]
-
Tokyo stocks end flat after N.Korea missile launch
TOKYO, May 29, (APP/AFP) – Tokyo stocks closed flat Monday as North Korea’s latest missile launch had a muted impact on markets, with all eyes on US, Japanese and Chinese economic data this week. The benchmark Nikkei 225 index closed 0.02 percent, or 4.27 points, lower at 19,682.57, while the broader Topix index of all […]
-
Govt presented a balance budget: Miftah
ISLAMABAD, May 27 (APP): Chairman Board of Investment (BOI) Miftah Ismail has said the Pakistan Muslim League-Nawaz (PML-N) government presented a balance budget and provided relief to the common man. The government had allocated a huge amount for farmers, construction of motorways and education, health and others sectors in the budget, he said this talking […]
-
Dar proposes to increase defence budget to Rs 920 billion
ISLAMABAD, May 26 (APP): Finance Minister Ishaq Dar on Friday proposed to increase the defence budget to Rs 920 billion. While announcing the federal budget in a speech at the Parliament House here on Friday, he said the budget will be increased against the revised budget of Rs 841 billion in the financial year 2016-17.
-
Finance Minister Ishaq Dar while giving brief overview of the previous measures to boost exports announced new initiatives under which the custom duty on raw-hides and skins will be reduced to zero;
Finance Minister Ishaq Dar while giving brief overview of the previous measures to boost exports announced new initiatives under which the custom duty on raw-hides and skins will be reduced to zero; stamping foil used in producing high value added finished leather will also be exempted from customs duty. He said as the rice exporters […]