On Tuesday, BRIndex30 opened in the green zone at 11,457.34 and remained there the whole trading time, with a positive gap of 45.59 points. It closed at 11,457.26, and registered a positive change of 45.51 and percentage of 0.40. It recorded intra-day hig
The overall market sentiment remained positive as the KSE-100 index registered a net gain of 61 points on the back of the news regarding revision in gas prices and restoration of trading in Callmate shares by January.
The overall market sentiment remained positive as the KSE-100 index registered a net gain of 61 points on the back of the news regarding revision in gas prices and restoration of trading in Callmate shares by January.
The overall market sentiment remained positive as the KSE-100 index registered a net gain of 61 points on the back of the news regarding revision in gas prices and restoration of trading in Callmate shares by January.
A consortium, led by Singapore port operator, PSA International, has submitted the highest bid to manage Gwadar Port, but the tender has not yet been awarded, a port official said on Tuesday.
The technical committee of Capital Development Authority (CDA) has approved Rs 47 billion water supply project for the twin cities of Islamabad and Rawalpindi from Ghazi Barotha.
The Collectors of sales tax have admitted that it is impossible to verify the suppliers located in the jurisdiction of other collectorates for checking the authenticity of refund claims filed by commercial exporters.
The Central Board of Revenue (CBR) will restore sales tax field audit from February 2007 to conduct meaningful audit by professionally trained auditors based on automated selection criteria without involving manual interference.
The Central Board of Revenue (CBR) will restore sales tax field audit from February 2007 to conduct meaningful audit by professionally trained auditors based on automated selection criteria without involving manual interference.
The Central Board of Revenue (CBR) will restore sales tax field audit from February 2007 to conduct meaningful audit by professionally trained auditors based on automated selection criteria without involving manual interference.
Indian Agriculture Minister Sharad Pawar will arrive here Wednesday to attend two-day Saarc agriculture ministers conference that will discuss creation of a regional food bank as well as means to enhance co-operation in agriculture sector.
A suicide bomber targeting poor labourers killed 70 people in Baghdad on Tuesday, a day when US President George W. Bush was talking to his military chiefs in Iraq to help him draft a new US strategy.
A suicide bomber targeting poor labourers killed 70 people in Baghdad on Tuesday, a day when US President George W. Bush was talking to his military chiefs in Iraq to help him draft a new US strategy.
Pakistan and Yemen on Tuesday inked four agreements and a Memorandum of Understanding (MoU) to enhance co-operation in agriculture, trade, education and culture. The agreements were signed here at the Prime Minister House after the second round of formal
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (December 12, 2006).
Pakistan and Yemen on Tuesday inked four agreements and a Memorandum of Understanding (MoU) to enhance co-operation in agriculture, trade, education and culture. The agreements were signed here at the Prime Minister House after the second round of formal
Pakistan and Yemen on Tuesday inked four agreements and a Memorandum of Understanding (MoU) to enhance co-operation in agriculture, trade, education and culture. The agreements were signed here at the Prime Minister House after the second round of formal
Kenya has retained Pakistan''s rice consignments due to low quality, and officials in Mombassa are trying to resolve the issue diplomatically, sources told Business Recorder.
Kenya has retained Pakistan's rice consignments due to low quality, and officials in Mombassa are trying to resolve the issue diplomatically, sources told Business Recorder.
Kenya has retained Pakistan's rice consignments due to low quality, and officials in Mombassa are trying to resolve the issue diplomatically, sources told Business Recorder.
The US Federal Reserve on Tuesday held benchmark interest rates steady at 5.25 percent for a fourth straight meeting, while renewing a warning that risks from inflation remain.
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
The US Federal Reserve on Tuesday held benchmark interest rates steady at 5.25 percent for a fourth straight meeting, while renewing a warning that risks from inflation remain.
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
The US Federal Reserve on Tuesday held benchmark interest rates steady at 5.25 percent for a fourth straight meeting, while renewing a warning that risks from inflation remain.
Fuelled by a huge $5.26 billion trade imbalance in goods and services, Pakistan''s ''current-account deficit'', excluding official transfers, during the first four months of the current fiscal year rose to $3.42 billion, depicting an increase of 53.48 per
Fuelled by a huge $5.26 billion trade imbalance in goods and services, Pakistan's 'current-account deficit', excluding official transfers, during the first four months of the current fiscal year rose to $3.42 billion, depicting an increase of 53.48 percen
Agriculture is playing a vital role in the development of our country. It provides employment to the bulk of work force, and 67 percent population is directly or indirectly dependent on this sector. Thus, the economic well being of the people of Pakistan
Fuelled by a huge $5.26 billion trade imbalance in goods and services, Pakistan's 'current-account deficit', excluding official transfers, during the first four months of the current fiscal year rose to $3.42 billion, depicting an increase of 53.48 percen
Introduction: Agriculture is the mainstay of Pakistan's economy. It contributes 23 percent of GDP, employs 42% of the labour force, and provides livelihood to about two-thirds of the population. Agricultural commodities and agro-based indust
The consumers are not going to have any relief in oil prices, as the government is not considering reduction, at least for the fortnight starting from December 16. Upward trend in the international market provides the government a reason not to reduce oil
It is a matter of great pleasure and satisfaction to extend my congratulations to the alumni, scientists and staff of Pakistan Agricultural Research Council on its 25 years of excellence in agricultural research, technology dissemination and human resourc
The consumers are not going to have any relief in oil prices, as the government is not considering reduction, at least for the fortnight starting from December 16. Upward trend in the international market provides the government a reason not to reduce oil
I extend my congratulations to the scientists and staff of Pakistan Agricultural Research Council on its Silver Jubilee Celebrations and 25 years of success in agricultural research.
The consumers are not going to have any relief in oil prices, as the government is not considering reduction, at least for the fortnight starting from December 16. Upward trend in the international market provides the government a reason not to reduce oil
I take this opportunity to congratulate the scientists of Pakistan Agricultural Research Council (PARC) on the occasion of Silver Jubilee Celebrations.
The government is actively considering reduction in petroleum products prices in the wake of decrease in world oil prices," Attorney General Makhdoom Ali Khan informed the Supreme Court here on Tuesday.
It is my great pleasure and privilege to congratulate Pakistan Agricultural Research Council (PARC) scientists and staff on the occasion of Silver Jubilee of the Pakistan Agricultural Research Council, PARC deserves our commendations for its achievements
The government is actively considering reduction in petroleum products prices in the wake of decrease in world oil prices," Attorney General Makhdoom Ali Khan informed the Supreme Court here on Tuesday.
I congratulate the agriculture scientists, researchers and staff of the Pakistan Agricultural Research Council (PARC) for celebrating 25 years of success.
The government is actively considering reduction in petroleum products prices in the wake of decrease in world oil prices," Attorney General Makhdoom Ali Khan informed the Supreme Court here on Tuesday.
I congratulate the agricultural research scientists of Pakistan on the Silver Jubilee of PARC the national apex body for agricultural research in Pakistan. Despite substantial development in industrial and services sectors, agriculture is still the domina
President General Pervez Musharraf on Tuesday emphasised the need for optimum utilisation of research and technology and urged the agricultural scientists to help the farmers achieve a quantum jump in per acre yield of crops to improve agriculture sector
President General Pervez Musharraf on Tuesday emphasised the need for optimum utilisation of research and technology and urged the agricultural scientists to help the farmers achieve a quantum jump in per acre yield of crops to improve agriculture sector
Grain exports from the French port of Rouen totalled 57,259 tonnes from December 1-6, all wheat, port officials said on Monday. Exports totalled 546,000 tonnes in the whole of December 2005, comprised of 449,000 tonnes of wheat and 97,000 tonnes of barley
President General Pervez Musharraf on Tuesday emphasised the need for optimum utilisation of research and technology and urged the agricultural scientists to help the farmers achieve a quantum jump in per acre yield of crops to improve agriculture sector
Singapore bunker prices fell on Tuesday, but the differential to fuel oil cargoes floated at a discount of $2-$3 a tonne, traders said. Prices for 380-centistoke (cst) bunker fuel were pegged at $260-$262 a tonne, with its differential to fuel oil narrowi
The Karachi Port handled 92,284 tonnes cargo including 67,454 tonnes import, 24,830 tonnes export cargo and 1,824 containers during last 24 hours ending at 0700 hours on Tuesday.
Ukraine's grain exports should reach 11 million tonnes in 2006/07 and the government must abolish export restrictions for feed wheat, barley and maize, the UZA grain traders' union said on Tuesday.
Global jewellery sales have the potential to grow by almost 7 percent annually to reach $280 billion by 2015, spurred by India and China, an industry study said on Tuesday.
Spot soyabean basis bids were lower at some US Midwest locations on Monday after a rally in CBOT futures and a pick up in movement, traders said. Rail corn prices were lower amid weak demand from poultry and cattle feeders, who seemed well covered to last
US FOB soyabean export premiums fell on Monday due to a seasonal slowdown in activity, while corn basis offers held steady, traders said. The lack of grain moving pressured soyabean values in the CIF barge market.
South Africa's most traded white maize futures edged down on Tuesday on signs that part of the coming year's harvest is doing well and after steady gains over the past few sessions.
Wheat futures on the Chicago Board of Trade closed higher on Monday on a short-covering bounce from early declines along with spillover strength from corn and soybeans, traders said.
Corn futures at the Chicago Board of Trade closed higher on Monday on a recovery from the declines last week and on a strong rally in soyabeans, traders said.
Modest trading was seen on the forward cottonseed oilcake market on Tuesday as the January vaida opened at Rs 686.50. Later, it gained 50 paisa to be day's best at Rs 787.00 and market settled at the same level. In process of trading, it shed Rs 1.10 to b
Karachi Cotton Association's official spot rate was raised on quality factor, dealers said on Tuesday. The official spot rate rose by Rs 25 t0 Rs 2,550, without upcountry expenses. The prices of phutti were also higher slightly in the Punjab and Sindh. A
Grams prices were higher on the local grain market on Tuesday as supply was tight due to shortage of transport, dealers said. On the grams side, gram garda Punjab gained Rs 75 to Rs 3375-3475, gram dal Punjab was up by Rs 100 to Rs 4000-4100. Beetle chana
Asian oil product swaps fell on Tuesday, while the naphtha/Brent crack held firm amid spot demand from end users. December naphtha swaps fell 45 cents at $58.90 a barrel, while the December/January backwardation widened by 5 cents to 30 cents from the pre
Asian naphtha prices fell on Tuesday along with its premium against Brent crude as Middle East and Indian supply continued strong, traders said on Tuesday. Benchmark open-spec second-half January naphtha was valued at $556.00 a tonne on a cost-and-freight
Benchmark March arabica coffee futures surged on Monday to a high dating back to February on fund buying that triggered buy stops, traders said. "Fund buying broke some stops and we broke $1.2890 (per lb.), which was the previous high. With no selling, it
US cocoa futures contracts closed near the session's highs on Monday, after late-day fund buying boosted prices, traders said. "There's a small amount of short-covering still. The big move is really macro fund investment," one trader said.
Spring wheat futures on the Minneapolis Grain Exchange closed higher on Monday on a technical short-covering bounce after selling was exhausted, traders said. Strength in outside markets including Chicago wheat and corn added support, traders said.
Coffee prices in Vietnam were flat on Tuesday, with gains from London robusta offset by fresh beans coming onto the market after more than half of the country's bumper crop had been harvested, traders said.
Copper futures ended in New York with healthy gains on Monday as speculative players covered short positions following news that union workers at Chile's Altonorte smelter may strike on Tuesday, traders said.
Gold ended higher in quiet trade after seesawing on Monday, as investors used the falling dollar as an excuse to bargain-hunt while looking for cues from US economic indicators expected later this week.
Tokyo gold futures edged up on Tuesday as traders adjusted their positions ahead of a Federal Open Market Committee meeting, with the metal gaining overall support as investors seek an alternative to the fragile dollar.
Gold gyrated ahead of Tuesday's Federal Open Market Committee meeting, which will offer hints as to the dollar's outlook and determine the metal's next direction.
Malaysian tin closed down $80 at $11,220 on Tuesday, in reaction to an all-time high hit the previous day, although prices in London were unchanged, one dealer said.
Rough rice futures at the Chicago Board of Trade closed firm on Monday, supported by the government cutting its US ending stocks estimate, traders said.
Oil steadied over $61 on Tuesday, supported by the potential for an Opec supply cut this week after mild weather and high inventories in the United States had pushed prices down. United States crude prices traded steady at $61.22 a barrel after losing 81
Shanghai copper futures rose on Tuesday and London copper edged higher in light trade ahead of a US interest rate decision. Chinese copper futures prices were higher, with the most active February contract up 0.74 percent, or 470 yuan, at 64,170 yuan ($8,
Raw sugar futures settled mixed on Monday as trade buying nudged the front contracts into positive territory although operators feel commodity funds may eventually press the market lower in the days ahead.
The Chicago Board of Trade soyabean market saw a double-digit rise on Monday as traders covered short positions, partially spurred by a bigger-than-expected weekly export inspections figure, traders said. Shortly after the open, the US Agriculture Departm
The Australian Wool Exchange (AWEX) said its eastern market indicator (EMI) rose 4 cents to 829c a kg clean at sales on Tuesday. AWEX said its northern indicator at sales in Sydney gained 6 cents to 853c/kg, while the southern indicator at sales in Melbou
The US Department of Agriculture released its monthly December production and supply/demand report Monday morning. The following are the key points for cotton: 2006/07 US crop - 21.30 million (480-lb) bales, from 21.30 million bales last month.
Tokyo rubber futures rebounded on Tuesday after falling sharply on profit-taking in early trade as strong Technicals induced bargain-hunting, with growing wariness over supplies providing additional support.