Gold falls as stocks rise

Courtesy Dawn News LONDON: Gold fell on Wednesday as equities rose 1 per cent and expectations for further monetary easing from the European Central Bank drove down the euro, prompting some investors to take profits after the metal’s rally to 13-month highs. Outflows were seen from bullion-based exchange-traded funds after hefty inflows earlier in the…

Belarus, Pakistan for improved bilateral trade

Courtesy Dawn News LAHORE: Pakistan and Belarus on Wednesday agreed to enhance bilateral economic cooperation in various sectors including investments, industries, agriculture, energy and health at the conclusion of the second session of Pakistan-Belarus Joint Ministerial Commission. The two day event was jointly chaired by Commerce Minister, Khurram Dastgir Khan and Minister of Industry of…

NA committee urges break-up of urea ‘cartel’

Courtesy Dawn News ISLAMABAD: The Natio­nal Assembly Standing Com­­mittee on Industries and Production on Wednes­day expressed its concern over inflated prices of urea, and directed the National Fertiliser Marketing Limi­ted (NFML) to play an active role in breaking the “cartelisation” in the industry by importing urea and sell it below domestic rates. The committee’s meeting,…