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1-10 results from 1000 for query «output»

January 15, 2019 12:00 AM GST waiver on tractors urged

LAHORE: Farmer body has asked the government to waive general sales tax (GST) on locally-made tractors and implements, a statement said on Monday. Khalid Mahmood Khokhar, president of the Pakistan Kissan lttehad (PKI) said that agriculture sector, being the backbone of Pakistan's economy, contributes approximately 24 percent to GDP. However, presently

January 12, 2019 12:00 AM China weighs diversifying agro imports from Pakistan

ISLAMABAD: Chinese Ambassador to Pakistan Yao Jing on Friday said his country was seriously considering enhancing import of potato, cherry, wheat, besides increasing investments in other sectors of economy to strengthen business ties between the two countries. “Chinese government would also formally invite Pakistani experts to monitor the hybrid rice seed expertise 5

January 4, 2019 2:04 AM Opec oil output posts biggest drop since 2017

LONDON: Opec oil supply fell in December by the largest amount in almost two years, a Reuters survey found, as top exporter Saudi Arabia made an early start to a supply-limiting accord while Iran and Libya posted involuntary declines. The 15-member Organisation of the Petroleum Exporting Countries (Opec) pumped 32.68 million barrels per day last month 1

November 30, 2018 12:00 AM International oil price slides under $50 per barrel

LONDON: One of the world's major oil contracts, New York´s WTI, slumped under $50 per barrel on Thursday, reaching the lowest level in nearly 14 months. The WTI and Brent North Sea crude, another benchmark contract, have been tumbling for weeks on fears of a supply glut, despite oil kingpin Saudi Arabia planning an output cut and urging other producer 5

November 10, 2018 12:00 AM Amreli Steels unveils Rs6.5bln investment plan

KARACHI: Amreli Steels Limited on Friday unveiled Rs6.5 billion of investment plan to bring a significant 80 percent increase in reinforcing bar manufacturing. The company’s board approved third phase of expansion plan to set up an additional state-of-the-art rolling mill using pioneering technology at Dhabeji to further expand its rebar manufacturing 15

October 20, 2018 12:00 AM OPEC struggles to boost oil output

LONDON: OPEC is struggling to add barrels to the market after agreeing in June to increase output, an internal document seen by Reuters showed, as an increase in Saudi Arabia was offset by declines in Iran, Venezuela and Angola. The Organization of the Petroleum Exporting Countries and allies agreed in June to boost supply as U.S. President Donald Trump 9

September 2, 2018 12:00 AM Fitch cuts Italy’s debt outlook

MILAN: Fitch Ratings on Friday cut Italy´s sovereign debt outlook to ´negative´, citing expectations that the new coalition government´s fiscal loosening would leave the country´s high levels of debt more exposed to potential shocks. The ´new and untested nature´ of the country´s populist government, which has been in office since June and is made up of the anti-establishment 9

July 20, 2018 12:00 AM FBR launches tax evasion probe against stationery industry

KARACHI: Tax authorities have launched a tax evasion probe against the stationery businesses manufacturing books and pencils by scrutinising their returns after the government restored zero-rating facility for multibillion rupees industry from July 1, officials said on Thursday. The officials said strong lobby of stationery industry convinced the government 73

July 19, 2018 12:00 AM LSM growth clocks in at 2.76 percent in May

KARACHI: Large scale manufacturing (LSM) grew 2.76 percent in May as compared to the corresponding month a year earlier as retail sector thrived on growing consumer demand, while construction boom kept fuelling steel production, official data showed on Wednesday. Pakistan Bureau of Statistics (PBS) data showed that food, beverages and tobacco production 10

July 18, 2018 12:00 AM Iraqi police use batons to disperse protesters outside Zubair oilfield

BASRA: Iraqi police wielded batons and rubber hoses to disperse about 250 protesters gathered at the main entrance to the Zubair oilfield near Basra on Tuesday as unrest across southern cities over poor basic services gathered pace. Since demonstrations began nine days ago, protesters have attacked government buildings, branches of political parties 7