Federal Minister for Textile Industry, Rana Mohammad Farooq Saeed Khan has said that new textile policy would be presented to Prime Minister Syed Yousuf Raza Gilani within next two days for its approval. Addressing the oath taking ceremony of the All Pakistan Textile Sizing Industries Association (APTSIA) at Faisalabad Chamber of ...
Billions of rupees as premium on quality and withholding gross repayments to ginners have been stuck up with the Trading Corporation of Pakistan (TCP) after seizure of accounts by IT Department. The Income Tax (IT) Department has seized the accounts of Trading Corporation of Pakistan (TCP) for failing to submit the ...
Cotton prices in Punjab and Haryana have spiralled by up to 13 per cent in the last one month on account of rising demand from the local spinners. Prices of cotton yarn have also inched up by 13-14 per cent in the same period and this has helped spinners protect ...
KARACHI: The market revitalised on back of growing demand by leading consumers while passing through correctional phase during the week, traders at the Karachi Cotton Association (KCA) said Saturday. They said trading activities gained momentum as buyers focused to buy lint of all qualities amid firm physical prices. A senior trader ...
Dawood Usman Jhakura, Zonal Chairman, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) in a press statement has welcomed the criticism of Ministry of Commerce, Government of Pakistan, on State Bank of Pakistan (SBP)s tight monetary policy. He said that during the current financial year monetary policy of SBP could not ...

The Karachi Cotton Association on Saturday fixed the official spot rate, or base price, for Grade 3 cotton at 3,590 rupees per maund (40 kg).The Grade 3 cotton has a staple length of 1-1/32" (inches) and micronaire value between 3.8 to 4.9 NCL (no control limits) which represents fine to coarse classes ...
