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Oil prices higher in Asian trade

Source: Geo News | 08-07-2013

SINGAPORE: Oil prices climbed in Asian trade Monday after jobs data from the United States beat expectations, boosting confidence in the world's biggest economy.

New York's main contract, light sweet crude for delivery in August, gained

28 cents to $103.50 a barrel in morning trade and Brent North Sea crude for

August delivery added 25 cents to $107.97.

FBR likely to miss target

Source: The Nation | 04-04-2013

Federal Board of Revenue (FBR) is struggling to achieve the twice-revised revenue collection target during the ongoing financial year 2012-2013 despite announcing tax amnesty schemes and eliminating tax exemption on various sectors, it was learnt on Wednesday. Sources informed that FBR has to collect Rs 782 billion during the last quarter (April-June) of..... Read more

Nepra approves Re 0.66 per unit power tariff hike for KESC

Source: The Nation | 02-01-2013

With the start of New Year, the National Electric Power Regulatory Authority (Nepra) on Tuesday approved increase in tariff of Karachi Electric Supply Company (KESC) by Re 0.66 per unit on account of monthly fuel price adjustment mechanism. Giving New Year gift to Karachitis at the advent of 2013, the KESC has increased tariff of electricity. T..... Read more

Gold imports surge 48.2pc in 8 months of FY13

Source: The Nation | 05-04-2013

The gold imports during first eight months of current fiscal year surged by 48.2 per cent as against the same period of last year. About 2,645 kilogram of gold worth of $143.633 million was imported during the period under review as compared to the import of 1,805 kg valuing $96.917 million during same period of last year (2011-12). All Sindh Sarafa Assoc..... Read more

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