News
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Rupee strengthens by about two percent versus dollar in July-October
KARACHI (November 11 2002) : The rupee in July-October 2002 period strengthened by approximately 2 percent against the dollar after…
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Regulatory authority and ministry at odds over power tariff hike
ISLAMABAD (November 11 2002) : The National Electric Power Regulatory Authority (Nepra) has locked horns with the Ministry of Water…
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Public Accounts Committee criticises auditing procedure of ministries, government departments
ISLAMABAD (November 11 2002) : The Public Accounts Committee has strongly criticised the auditing procedure of ministries and government departments…
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Some take-overs to be seen after issuance of ordinance
KARACHI (November 11 2002) : The corporate sector specially the Karachi Stock Exchange (KSE) is likely to see some take-overs…
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Microsoft and PwC Roll Out Vat.Net
New Delhi: Software major Microsoft Corporation India Pvt Ltd and professional services firm PricewaterhouseCoopers (PwC) India have launched a value…
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Accounting Firm claims Chief Govt Audit Overseer Fired it when it raised Financial Problems
Accounting firm BDO Seidman LLP released documents yesterday that showed that William H Webster had fired it as the auditor…
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SEC's Head Accountant in USA Resigns
The chief accountant of the Securities and Exchange Commission in the US resigned yesterday after 15 months in office, the…
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Moneychangers observe countrywide strike
KARACHI (November 09 2002) : Moneychangers on Friday observed countrywide strike, protesting against rising incidents of killing and robbery. Demanding…
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National Bank earns Rs 1.664 billion in 9 months
KARACHI (November 09 2002) : The profits of National Bank of Pakistan Ltd., surged tremendously and posted an increment of…
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Foreign exchange reserves up by $10 million
KARACHI (November 09 2002) : Pakistan's foreign exchange reserves have gone further up as the flow of remittances from the…