Is car sales boom receding?
A temporary two- month relief by way of withdrawal of 2.5 per cent withholding tax on auto business, announced on February 21, just three days after elections, is unlikely to stimulate the car-making industry....
Business sans road map
Had the private sector developed a road map for business expansion, it could have surmounted all odds and succeeded in creating the critical mass essential for rapid capital formation by upgrading...
The governance reforms in Punjab
In the recent years, the multilateral donors have applauded the governance and social sector reforms programme of the Punjab government and its implementation....
Combating rust in wheat
RUSTS are fungal diseases of plants called Puccinia (family Puccinaceae). These are most destructive diseases worldwide and have the ability to destroy the entire wheat crop....
Issues in Balochistan’s livestock development
POVERTY alleviation in Balochistan is linked to livestock development, as 70 per cent population of the province is directly or indirectly involved in livestock farming. The province caters to the needs...
Improving production of dry fruits
THE Northern Areas are rich in natural resources with lower pest and disease pressure. The climate is dry and the land fertile. With these advantages and characteristics, the area produces varieties...
Agro-grazing in irrigated Punjab
AGRO-grazing refers to animal grazing and browsing of mostly natural vegetation and crop residues-cum-stubble in and around agricultural fields of cultivated tracts including natural vegetation along rivers, canals, distributaries, water channels,...
Re-industrialisation and neo-liberal doctrine
In Pakistan, supporters of neo-liberal doctrine argue that anyone who challenges the hegemony of International Monetary Fund (IMF), World Bank, and World Trade Organisation (WTO), does not fully understand the real worth of neo-liberal economic arrangement....
Is your call centre betraying your brand?
IF you have ever been tempted by an attractive newspaper advertisement to call the 111-xxx-yyy number, only to be disappointed by getting an unsatisfactory answer then you are not alone....
Domestic savings: a new approach
The government needs large financial resources as its expenditure is rising while its income is not going up as fast. Its outlay on security is constantly on the increase as the law and order situation worsens....
‘Inflated bills and outstanding dues’
With reference to the article published on March 17, 2008, Pakistan Electric Power Co (PEPCO) clarifies that disconnection of power supply to the KESC was undertaken under a well considered and...
Upgrading Indian postal services
FOR an organisation that traces its origins to 1837 and today boasts of one of the largest network of offices in the country, India Posts is indeed facing a major existential crisis....
The future of dollar
The value of the dollar has witnessed a nosedive in recent weeks and months. As a result, the international price of crude oil – which is a dollar-denominated commodity – has...
Saving taxes on salary income
Over the past few years, the salary taxation scene has changed radically. Salaries in the private sector have touched new highs. The annual salary income of a bank president averages Rs40...
Banking on uncertainties
Early last week some of the most stable British companies lost as much as $100 billion within hours in what appeared to be a mini market crash....
Cyber frauds, depositor’s risks
The hacking of the Automated Teller Machine (ATM) system of the National Bank of Pakistan (NBP) believed to have involved withdrawals of over Rs84million from the industrial zones of Punjab alone, has added a new risk to the country’s banking system....
Reducing fiscal imbalance
ONCE again, after many years, the Public Sector Development Programme (PSDP) of 2007-08 has become the first causality of resource crunch that eventually led to Rs50 billion cut in original outlay....
Capital market co-operation among Muslim countries
The annual meeting of the Board of Governors of the Islamic Development Bank scheduled for June 2-4 in Jeddah is billed to be of extraordinary importance in the wake aggravating global...
Stocks: major fall averted on positive news
STOCKS last week finished with clipped losses as financial institutions launched an active rescue operation after the market terribly weighed down under the pressure of external factors....
Rupee’s downward trend continues
In the local currency market, the rupee continued its downtrend versus the American and European currencies. Demand for dollars by the importers to meet their payment needs existed throughout the week....
SBP injects Rs33.75 billion thru market operation
On March 19, the State Bank of Pakistan injected Rs33.75 billion through open market operation. The market was facing a tight liquidity crunch and the Karachi inter-bank offer rate was higher than the discount rate....
SPrices of rape seed, pulses decline
TRADING on the Karachi wholesale commodity market last week was relatively slow as speculative forces loosened their grip on the price line and sold in part pushing prices of some essential items sharply lower....