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Tag Archives: Eid

Petrol price reduced by Rs9.43 per litre

ISLAMABAD: Pakistanis finally received good news among the piles of bad reports especially of increasing inflation as Prime Minister Nawaz Sharif Friday announced reduction in petroleum prices by Rs9.43 per litre. Customs Today has another feather in its cap as this leading community newspaper was first to break this news of reduction in petroleum, oil & lubricant (POL) prices before ... Read More »

Rs 12 billion earned from sacrificial animal hides

MULTAN: The Pakistan Tanneries Association (PTA) has collected almost Rs 12 billion from 7.3 million sacrificial animal hides during Eid. The PTA collected hides of 2.5 million cows and buffaloes, 4 million goat hides, 0.8 million sheep and 30,000 camel hides during the three days of Eid. The association has collected revenue worth Rs 12 billion from these hides. Demand ... Read More »

Opening: KSE keeps bullish note, gains 86 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index Tuesday maintained bullish note and gained 86.05 points to stand at 30480.46 with the volume of 21,645,750. On Monday KSE also opened with positive sentiments to balance the slow trading of after Eid days and gained 235.78 points to reach 30394.41 points and volume of 123,546,050 shares. Read More »

Full attendance of Customs Staff from Monday  

Karachi: Most of Customs staff including collectors and deputy collectors will resume their duties from Monday. The sources in the customs department said that many of collectors and deputy collectors were on leave due to Eid . Now, they will attend office from Saturday. Collector of Model Customs Collectorate Appraisement Muhammad Salim had gone Islamabad for official work and he ... Read More »

Pakistan Railways to buy 4000-plus horsepower locomotives

ISLAMABAD: Pakistan Railways has decided to purchase new locomotives of 4000-plus horsepower, which will help strengthen freight operation. According to a Pakistan Railways official, as many as 27 locomotives was being repaired locally and two locomotives a month would be rehabilitated. He said that 14 special trains run on Eid facilitate around 100,000 passengers. “Pakistan Railways has also retrieved 3,000 ... Read More »

APTMA urges PM to take notice of suspended gas supply

LAHORE: The industrialists have urged Prime Minister Nawaz Sharif to take notice of delay in gas supply to industry in Punjab, which was remained suspended during Eid holidays. All Pakistan Textile Mills Association (APTMA) Chairman S M Tanveer criticised the SNGPL management for suspending the gas supply to the textile mills, resulting into close of business and monetary loss to workers ... Read More »

Gold price increases Rs850 to reach Rs48,000

KARACHI: Gold price in Pakistan has raised Rs850 per tola (11.66 grams), touching the highest rate in four weeks of Rs48,000 and showing increase of 1.80 per cent. All Sindh Saraf and Jewellers Association President Haroon Rasheed Chand said that the gold price in New York market also surged by $40 an ounce to $1,231 an ounce during Eid holidays ... Read More »

LHC issues stay order on luxury tax

LAHORE: The Lahore High Court has issued injunction or stay order regarding the imposition of luxury tax on big houses. Lahore High Court Justice Shams Mahmood Mirza has restricted the government to collect the luxury tax on the houses which are above two canals area. On hearing the application filed by a local citizen Zain Shahzad, the court asked the ... Read More »

Punjab CNG stations to be shut for 12 days

LAHORE: Sad news for the people who are returning their homes from major cities to spend Eid with their families as the CNG outlets of Punjab will be unable to provide gas for 12 days. The gas will not be available from Saturday to next 12 days due to folding down of Qadirpur Gas Field for the annual maintenance. But ... Read More »

Canadian High Commissioner extends greetings on Eid

ISLAMABAD: Canadian High Commissioner to Pakistan Greg Giokas greeted Pakistanis on the occasion of Eidul Azha. “I would like to extend warm greetings to Muslims in Pakistan and around the world as they gather for the holy feast of sacrifice, Eidul Azha. Canada is home to more than one million Muslims, who play a central role in the Canadian free, ... Read More »

Banks to issue new currency from Monday

MULTAN: The State Bank of Pakistan directed all the banks including Commercial and government banks to provide new currency notes to citizen on the Eid ul Azha from Monday. New currency notes for the Eid occasion will be available at the main eight branches of National Bank located in the Multan City. New currency notes from 10 rupees to 100 ... Read More »

Pakistan Steel Mills receives Rs1.75b

KARACHI: The employees of Pakistan Steel Mills (PSM) will be able to draw their salaries soon as the mills has received 5th instalment of Rs1.750 billion under the bailout package. According to PSM spokesperson Shazim Akhtar, the said amount will be used to pay around 16,000 employees’ pending salaries from 15th of July to 31st of August before Eid. About ... Read More »

PR to facilitate passengers on Eid with 14 special trains

LAHORE: Federal Minister for Railways Khawaja Saad Rafique has announced that Pakistan Railways (PR) will operate 14 special trains on Eid from several cities. The federal minister, presiding over a meeting at the PR headquarters, also decided to speed up action to recover arrears of Rs1 billion from the administration of Business Express train. As per details, four special trains ... Read More »

KSE nose-dives by 666 points on political uncertainty  

KARACHI: Karachi Stock Exchange lost its upward momentum on the first business day after Eid holidays and plummeted 666 points, highest blow in 9 months, as political uncertainty spread its tentacles across Pakistan. Panic gripped the market as KSE 100-share index dropped 666.24 points or 2.20 percent to close the day at 29647.83 points below the psychological barrier of 30,000. ... Read More »

Ports, terminals to remain shut on first day of Eid, NBP branches from 29-31

KARACHI: The ports and terminal activities would remain suspended on first day of Eid-ul-Fitr. The consignments would be handled and cleared from the second day of Eid-ul-Fitr. Similarly, the National Bank of Pakistan (NBP), Customs House Branch and all its other branches would remain closed during Eid-ul-Fitr holidays from 29 July to 31 July, 2014. The customs duty and taxes ... Read More »