Category archives for: Business

POL prices to go up by Rs. 5 per liter

POL prices to go up by Rs. 5 per liter Islamabad, Saturday, December 24, 2011: It seems as if government is not done with the energy price hikes as yet because a proposal of 5 rupees hike in POL is on the table which is likely to be effective from January 1, 2012. According to […]

Bilateral trade promotion on cards; Pakistan signs currency swap agreement with china

Bilateral trade promotion on cards; Pakistan signs currency swap agreement with china Islamabad, Saturday, December 24, 2011: In a bid to increase the volume of bilateral trade between the two countries, Pakistan and China signed currency swap agreement today. The agreement marks a crucial development for strengthening investment and financial relations between the two countries […]

Pak-China currency swap agreement signed

Pak-China currency swap agreement signed The much awaited deal between the two neighbouring countries was finally signed on Friday, when Pakistan and China agreed to a bilateral currency swap to promote trade between the two nations. The agreement was signed to strengthen the economic ties and to encourage bilateral trade between the two countries. The […]

Indian company introduces world’s cheapest tablet

Like the netbook market, Indian government backed Aaskash tablet brought the  price of tablets to a new low. Aaskash, which means sky in Hindi, is intended to be introduce among developing countries with high growth rates, especially China, Russia and Brazil. The second edition of this device, which was manufactured by UbiSlate, designed and funded […]

State Bank of Pakistan observes Pak economy going into drain

SBP observes Pak economy going into drain State Bank of Pakistan, while releasing its annual report, has expressed its concern over the way the government was playing havoc with the economy of the country. The crux of the SBP’s report stated that a major chunk of the vows caused to the economy of Pakistan were […]

APTMA concerned over exports decline, hold energy shortage and high interest rate responsible for the phenomenon

APTMA concerned over exports decline, hold energy shortage and high interest rate responsible for the phenomenon Lahore, Thursday, December 22, 2011: Chairman All Pakistan Textile Mills Association (APTMA) has expressed deep concerns over massive decline in the textile exports during the last month. He was of the view that although increased interest rates were also […]

The best cars of 2011, according to technology experts and viewers – Part 3

The next car that has most hits this year was Mini Cooper Clubman JCW. The four door coupe has more in the basket than its athletic siblings. It brings more leg space in the cabin, unlike two-door sports version, that can only justify two people with legs inside. However, the most amazing feature other than […]

The best cars of 2011, according to technology experts and viewers – Part 2

Audi undoubtedly took the leap ahead of its competitors in the eye of tech geeks but the viewer’s choice of the year was the all-new 2011 Chevrolet Volt. The electric hybrid was one of the most favourite all this year and the fame never changed colours during the survey. Waterlogged with technology, the car takes […]

The best cars of 2011, according to technology experts and viewers – Part 1

The modern age is dedicated to the advancement of technology and automotive industry is not left behind in the race. Year after year carmakers introduce something new that reshapes the competition. Germans, as usual, are the most advanced in this industry and brands like Mercedes, BMW and Audi have ruled the world of the last […]

Technology firms scouting for technical talent in the US – Part 2

The list is populated by other technology companies like Facebook (the online social networking website), Qualcomm (mobile processors manufacturers), Motorola (mobile phones manufacturers), Yahoo (Japanese website), Intel (computer hardware manufacturers) and HP (computer manufacturers). The latter mentioned list offers an insight to the business and in-demand talent in the country. Mostly, engineers are hired for […]

Technology firms scouting for technical talent in the US – Part 1

New recruits are hard to find these days and corporate sector in the US is on the shorter end of the stick, thanks to the unpredictable nature of national economy, couple with natural disasters in the Far East end of Asia. However, the technical and non technical organizations are in desperate need of technical employees, […]

Huge income tax evasion scandal revealed by FBR

Federal Board of Revenue (FBR) has exposed a massive income tax evasion case in Faisalabad on Wednesday. The new intelligence wing of the authority unearthed the scandal, which involved benami bank transactions, under which huge taxable income was channeled in the hands of a low-paid employee through a local bank, who was not an existing […]

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