Natco Gets Favourable Ruling in US
Hyderabad-based Natco Pharma Ltd. has been awarded a favourable judgment in the US Court of Appeals for the Federal Circuit ruling on patent-related to Teva’s Copaxone (treat multiple sclerosis)....
FPCCI voices concern over FBR’s inaction over bank transactions’ WHT
LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed grave concern over FBR’s inaction on Section 38-B and withholding tax on bank transactions and urged...
ICE Cotton Futures Market Rebounds Largely
ICE cotton futures market rebounded largely, recovering some of the prior day's steep losses.
Cotton contracts for May closed at 84.52 cents per lb, up 1.59 cents per lb and...
SCCI delegation leaves for Saudi Arabia
SIALKOT: A seven-member delegation of Sialkot Chamber of Commerce and Industry (SCCI), headed by Qaiser Baig, left for Saudi Arabia on Saturday. The
delegation leader said that the visit would pave...
Aptma to urge PM for incentivising export sector
ISLAMABAD: Pakistan’s increasing trade deficit and falling exports have been posing a serious threat to the economy and to reverse the trend, government should focus on export-led growth and...
Importers found concealing financials to evade taxes
KARACHI: The Federal Board of Revenue (FBR) has found importers involved in concealment of their financial transactions to evade taxes, a tax official said on Monday.
The official said the...
Trade deficit widens to $5.8bln in July-Sept
ISLAMABAD: Trade deficit widened two percent to $5.8 billion in the first quarter of the current fiscal year of 2020/21 as both exports and imports were seen showing marginal...
NR Prices Slumped in September, and What Are the Market Focuses?
The NR prices slumped once again in September. The NR futures price at the SHFE kept dropping after the short-term price increase in early September. The highest price and...
Trade deficit likely to widen to record $35b
ISLAMABAD - Pakistan’s trade deficit is likely to swell to record $36 billion during current fiscal year (FY2018) due to massive increase in imports as compared to the exports.
Country’s imports...
New York Gov. Cuomo Proposes Plastic Bag Ban
Gov. Andrew Cuomo said he would introduce legislation to ban single-use plastic bags throughout New York, a measure long pushed by environmental activists.
“The blight of plastic bags takes a...