Business News:
FBR urged to extend date for returns
LAHORE, Nov 1: The Lahore Chamber of Commerce and Industry has urged
the Federal Board of Revenue to extend deadline for filing income tax returns
till Nov 15.In a statement on Thursday, LCCI President Farooq Iftikhar said that the FBR has already been facing multiple challenges for meeting its revenue targets due to law and order situation in parts of the country and worsening electricity situation.
An extension in the date would facilitate more tax payers to file their returns.
LATEST/BRIEF NEWS:
PAKISTAN
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Khi: Three shot dead on Thursday night
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Karachi police change claim on two
shot dead, victims’ heirs attack police station
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Khi police salaries should be
doubled:SC
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Zardari orders
operation in Karachi
o
Around 11 Lac gun licences in Sindh
have no record
o
Balochistan CM Raisani appears before
SC
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Security beefed up in Peshawar
o
Kaira opposes SC meddling in CNG
pricing
o
Five thousand Pakistanis to get Indian
visas for Pak-India cricket series
o
Altaf Hussain instructs MQM Rabta
Committee to announce date of public referendum soon
o
Pakistan set to return 534
million dollars’ loan to IMF this month
o
3 retired generals
record statements in NAB
o
Saudi fuel truck
crash kills 23
WOLRD:
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Fuel shortages, power outages hamper
Sandy recovery
o
Obama to use "affirmative"
message in closing pitch
o
Sharp fears for future as Japan TV
makers bleed
o
China proposes new initiatives for
Syria ceasefire
o
Pfizer quarterly revenue fall far
short of forecasts
o
Insight: Crunching the numbers to
boost odds against cancer
o
U.S. regulator seeks $470 million from
Barclays
o
Republican candidate calls aborting
rapist's child "more violence on woman's body"
o
Expect feisty defense from
China's disgraced Bo Xilai
o
Apple's Cook fields his
A-team before a wary Wall Street
o
Obama front and center in storm crisis
as Romney subdued
o
Sony posts small second-quarter
profit, keeps full-year forecast
o
Child sex convict Sandusky sent to
Pennsylvania maximum security prison
o
Panasonic cleans house with
writedowns, sees $9.6 billion loss
o
France, Britain set stage for EU
budget wrangling
o
Race tight in four states, Obama holds
slight edge: Reuters/Ipsos poll
o
Meningitis death toll rises to 29 with
fatality in Virginia
o
Obama, Republican Christie tour
storm-hit New Jersey, trade praise
o
UK's Cameron rocked by defeat
in Europe budget vote
o
Clinton calls for overhaul of Syrian
opposition
o
Barclays CEO juggles client grab with
cost cuts
o
Flood ebbs, Northeast picks up after
epic storm
o
Wall Street ends flat, tech shares dip
after Sandy shutdown
o
Romney limits attacks on Obama as U.S.
recovers from Sandy
o
GM sees European operations breaking
even by mid-decade
o
Myanmar must protect Muslims and halt
discrimination: U.N.
o
Progress in euro zone talks on Greece,
no deal yet
o
New York City subways to reopen
Thursday with limited runs, Cuomo says
o
Huge drug recall latest fallout in
deadly meningitis outbreak
o
Obama will return to campaign trail on
Thursday
o
New York Harbor "unlikely"
to fully reopen Wednesday: U.S. Coast Guard
o
MasterCard profit beats as consumers
feel more confident
o
Russia's election Magician
pans "undemocratic" U.S. vote
o
TransCanada wins contract for $1
billion pipeline in Mexico
o
Stock futures flat ahead of data,
trading may be volatile
o
Pfizer quarterly revenue fall far
short of forecasts
o
Libyan oil workers vie for regional vs
central control
o
Kenya's main port hobbled
after workers go on strike
o
Barrick profit falls on lower sales
volumes
o
Kenya Airways passenger numbers flat
in Q2
o
Shell expects to lift Nigerian force
majeure soon
o
Nigeria finmin worried by chances of
oil price fall
o
Glencore's "strong"
trading helps offset mine setbacks
o
BSkyB posts strong first-quarter earnings
o
Shell says Q4 Nigerian oil output loss
may rise
o
Refining underpins Shell Q3 as output
stalls
o
Uganda cuts lending rate to 12.5 pct
o
Mis-sold loan insurance costs Lloyds
another 1 billion pounds
Pakistan
EXCHANGE FOR CURRENCY NOTES:
U.S.A 96.76
S.Arabia 25.80
U.K 155.07
Japan 1.2083
Euro 125.46
U.A.E 26.34
BULLION RATES IN
RUPEES PER 10 GRAMS
KARACHI
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Fri, 2 Nov 2012
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Crude mixed in Asian trade
SINGAPORE: Crude was mixed but well-supported in Asia Friday as upbeat Chinese and US economic data sparked hopes |
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Samsung sells 3 mn Galaxy Note II
smartphones since debut
SEOUL: Samsung Electronics said Friday that global sales of its large Galaxy Note II smartphone had topped three m |
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Asian markets lifted by US data
HONG KONG: A string of upbeat data from the United States and a rally on Wall Street boosted Asian markets on Friday |
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Dollar rises in Asia on Greek
woes, Japan outlook
TOKYO: The dollar rose against the euro and yen in Asia on Friday, backed by fresh concerns over Greece and dire o |
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Flamboyant Megaupload founder
unveils file-sharing sequel
Kim Dotcom, the founder of the shuttered file |
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Transport fares slashed in Karachi
KARACHI: Transporters associations in Karachi have agreed to reduce fares of public transport buses following a c |
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Dollar, euro gain in Asian trade
after China data
TOKYO: The dollar and euro climbed against the yen in Asia on Thursday as positive Chinese manufacturing data boos |
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CNG stations shut for three days
in Faisalabad region
FAISALABAD: CNG pumps have been closed for three days in all the eight districts of Faisalabad regions, Geo News r |
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Asian markets mixed, China up on
manufacturing data
HONG KONG: Asian markets were mixed on Thursday, with data showing expanding Chinese manufacturing activity provide |
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Oil down in Asia as US refineries
reopen
ineri |
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US markets reopen after two-day
shutdown
NEW YORK: US stock markets reopened Wednesday after a historic two-day closure forced by superstorm Sandy, which c |
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US dollar touches Rs96 in open
market
According to currency dealers, despit |
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Dollar weakens in Asian trade
TOKYO: The dollar lost ground in Asian trade Wednesday following the Bank of Japan s latest easing measures and a |
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Crude mixed in aftermath of
superstorm Sandy
ast Coast caused by |
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US stock markets to reopen on
Wednesday after storm
NEW YORK: Major US stock exchanges expect to reopen on Wednesday after Sandy, the worst storm to hit New York in n |
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