Yaseen Anwar, a senior banker will assume office as Deputy Governor, State Bank of Pakistan (SBP), on March 29, 2007. Having broad hands experience in managing operations, payments and credit, Anwar is expected to head Corporate Affairs at the central ban
Yaseen Anwar, a senior banker will assume office as Deputy Governor, State Bank of Pakistan (SBP), on March 29, 2007. Having broad hands experience in managing operations, payments and credit, Anwar is expected to head Corporate Affairs at the central ban
Police clashed with suspected Taliban militants trying to recruit schoolchildren in Tank on Monday, in the fight a policeman and two militants were killed, police said. After the gun battle in Tank, the militants threw at least three hand grenades in diff
Police clashed with suspected Taliban militants trying to recruit schoolchildren in Tank on Monday, in the fight a policeman and two militants were killed, police said. After the gun battle in Tank, the militants threw at least three hand grenades in diff
The State Bank of Pakistan (SBP) has prescribed the formats regarding reporting of the circulation of capital adequacy of banks/DFIs based on the parameters provided earlier on June 27, 2006. These formats primarily cover Standardised Approaches for credi
The State Bank of Pakistan (SBP) has prescribed the formats regarding reporting of the circulation of capital adequacy of banks/DFIs based on the parameters provided earlier on June 27, 2006. These formats primarily cover Standardised Approaches for credi
The State Bank of Pakistan (SBP) has prescribed the formats regarding reporting of the circulation of capital adequacy of banks/DFIs based on the parameters provided earlier on June 27, 2006. These formats primarily cover Standardised Approaches for credi
The security agencies have recovered three Iranian police who were kidnapped by militants and handed them back to authorities in Iran, while a fourth is believed to have been killed, officials said on Monday.
The State Bank of Pakistan (SBP) has invited bids (separately) for Rs 45 billion for three-month, six-month and 12-month Treasury Bills for March 28, 2007.
The State Bank of Pakistan (SBP) has invited bids (separately) for Rs 45 billion for three-month, six-month and 12-month Treasury Bills for March 28, 2007.
The State Bank of Pakistan (SBP) has invited bids (separately) for Rs 45 billion for three-month, six-month and 12-month Treasury Bills for March 28, 2007.
The State Bank of Pakistan (SBP) has invited bids (separately) for Rs 45 billion for three-month, six-month and 12-month Treasury Bills for March 28, 2007.
Pakistan and Turkish navies on Monday signed a Memorandum of Understanding on collaboration in naval research, technology and development. The MoU signed in Islamabad will help further strengthen already existence ties between the two countries.
Pakistan and Turkish navies on Monday signed a Memorandum of Understanding on collaboration in naval research, technology and development. The MoU signed in Islamabad will help further strengthen already existence ties between the two countries.
President General Pervez Musharraf on Monday conferred the award of Nishan-e-Imtiaz (Military) on Admiral Yener Karahanoglu, Commander Turkish Naval Forces here at the Aiwan-e-Sadr.
Members of Pakistan Sugar Mills Association (PSMA) Punjab have urged the President Pervez Musharraf to intervene immediately before the current crisis pushes the sugar industry in deeper crises, causing detrimental impact on survival of the industry and u
Members of Pakistan Sugar Mills Association (PSMA) Punjab have urged the President Pervez Musharraf to intervene immediately before the current crisis pushes the sugar industry in deeper crises, causing detrimental impact on survival of the industry and u
Members of Pakistan Sugar Mills Association (PSMA) Punjab have urged the President Pervez Musharraf to intervene immediately before the current crisis pushes the sugar industry in deeper crises, causing detrimental impact on survival of the industry and u
Foreign Minister Pranab Mukherjee signalled on Monday that India intends to go ahead with a multi-billion-dollar gas pipeline from Iran via Pakistan despite objections from the United States.
Foreign Minister Pranab Mukherjee signalled on Monday that India intends to go ahead with a multi-billion-dollar gas pipeline from Iran via Pakistan despite objections from the United States.
Foreign Minister Pranab Mukherjee signalled on Monday that India intends to go ahead with a multi-billion-dollar gas pipeline from Iran via Pakistan despite objections from the United States.
The Asian Development Bank President has recommended to reallocate the ADB loan savings in SDR equivalent to $12.5 million from the Second Science Education Sector Project to the quick-disbursing component of the Earthquake Emergency Assistance Project (E
The Engineering Development Board (EDB) and automotive industry have finalised the implementation modalities of the non-tariff portion of Auto Industry Development Plan (AIDP), sources told Business Recorder on Monday.
The Engineering Development Board (EDB) and automotive industry have finalised the implementation modalities of the non-tariff portion of Auto Industry Development Plan (AIDP), sources told Business Recorder on Monday.
The Engineering Development Board (EDB) and automotive industry have finalised the implementation modalities of the non-tariff portion of Auto Industry Development Plan (AIDP), sources told Business Recorder on Monday.
The Canadian economy should outperform the US economy in 2007, helped partly by a pickup in exports to the United States later this year, Toronto-Dominion Bank's economics group said on Monday.
Arcelor Mittal and Nippon Steel Corp have agreed to double automotive sheet capacity at their US joint venture at an estimated cost of 30 billion yen ($254 million), the Nikkei business daily reported on Monday.
Equities showed healthy signs under the lead of trend-setters at the Islamabad Stock Exchange (ISE) where fresh buying spree in hot favourite moved the entire ready-board in upward direction amid increase in index. ISE Ten Index was plus by 18.88 points,
Equities showed healthy signs under the lead of trend-setters at the Islamabad Stock Exchange (ISE) where fresh buying spree in hot favourite moved the entire ready-board in upward direction amid increase in index. ISE Ten Index was plus by 18.88 points,
Lacklustre conditions prevailed at Lahore Stock Exchange (LSE) on Monday where the sentiment stayed bearish because of political uncertainty and lack of interest following issuance of notices to brokers for the March 2005 crisis.
Lacklustre conditions prevailed at Lahore Stock Exchange (LSE) on Monday where the sentiment stayed bearish because of political uncertainty and lack of interest following issuance of notices to brokers for the March 2005 crisis.
The State Bank of Pakistan has enhanced the banking sector''s existing foreign exchange dealing capacity by $100 million in order to ultimately permit oil import payments to be met from this forex inflow, instead of SBP''s own forex reserves.
The State Bank of Pakistan has enhanced the banking sector's existing foreign exchange dealing capacity by $100 million in order to ultimately permit oil import payments to be met from this forex inflow, instead of SBP's own forex reserves.
The State Bank of Pakistan has enhanced the banking sector's existing foreign exchange dealing capacity by $100 million in order to ultimately permit oil import payments to be met from this forex inflow, instead of SBP's own forex reserves.
The federal government has re-appointed media expert Syed Anwar Mahmood, a grade 22 officer of Information Service group, as the federal Secretary, Ministry of Information and Broadcasting. Syed Anwar Mahmood was appointed federal Health Secretary in 2005
The federal government has re-appointed media expert Syed Anwar Mahmood, a grade 22 officer of Information Service group, as the federal Secretary, Ministry of Information and Broadcasting. Syed Anwar Mahmood was appointed federal Health Secretary in 2005
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
Federal Minister for Information and Broadcasting Muhammad Ali Durrani on Monday said Prime Minister Shaukat Aziz would interact with the lawyers' community in next few days to brief them on the government's viewpoint.
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 government is worried about the missing ''secret documents'' considered vital to prepare reply on the NWFP petition for payment of Net Hydel Profit (NHP) in the Supreme Court, sources in Finance Ministry told Business Recorder.
The government is worried about the missing 'secret documents' considered vital to prepare reply on the NWFP petition for payment of Net Hydel Profit (NHP) in the Supreme Court, sources in Finance Ministry told Business Recorder.
The government is worried about the missing 'secret documents' considered vital to prepare reply on the NWFP petition for payment of Net Hydel Profit (NHP) in the Supreme Court, sources in Finance Ministry told Business Recorder.
On Monday, the BRIndex30 opened in the positive zone at 12,394.94, with a jump gap of 73.03 and, after remaining there for almost an hour of trading time, fell in the red zone.
Cocoa arrivals at ports in Ivory Coast reached 900,000 tonnes between October 1 and March 25 as the main crop drew to a close, compared with 907,031 tonnes a year earlier, according to estimates from exporters on Monday.
On Monday, the BRIndex30 opened in the positive zone at 12,394.94, with a jump gap of 73.03 and, after remaining there for almost an hour of trading time, fell in the red zone.
Futures were unchanged on the forward cottonseed oilcake market on Monday as buyers were active to cover immediate needs, they said. The May vaida was unchanged at Rs 690.50 and that proved to be day's lowest at the same rate. In process of trading it gai
Karachi share market witnessed a range-bound session on Monday with the KSE-100 index oscillating between 11,350 intra-day high and 11,256 low, finally closing at 11,301.62 points level, with a nominal gain of 6.64 points. The KSE-30 index lost 52.46 poin
Firmness prevailed in the cotton market on Monday as ginners did not lower the asking rates on anticipation of further rise in the prices, dealers said.
Karachi share market witnessed a range-bound session on Monday with the KSE-100 index oscillating between 11,350 intra-day high and 11,256 low, finally closing at 11,301.62 points level, with a nominal gain of 6.64 points. The KSE-30 index lost 52.46 poin
Argentine 2006/07 wheat export commitments were unchanged at 8.805 million tonnes by March 23, the Agriculture Secretariat said in its latest weekly report. By the same date last year, Argentina had sold 5.58 million tonnes of the grain.
Karachi share market witnessed a range-bound session on Monday with the KSE-100 index oscillating between 11,350 intra-day high and 11,256 low, finally closing at 11,301.62 points level, with a nominal gain of 6.64 points. The KSE-30 index lost 52.46 poin
Declining price trend was seen on the grain market on Monday as most of the items tended lower in process of trading, dealers said. On the cereal side masoor Canada shed Rs 100 to Rs 3150. Barley Sindh and Mardan lost Rs 25 to Rs 1100. Wheat Mexipak old a
Market movers have further raised the price of Dia Ammonium Phosphate (DAP) by Rs 60 to Rs 1,450 per 50-kg bag in the wake of rising demand and short supply in the country, traders said on Monday.
US prosecutors on Monday charged David Stockman, a former chief executive of Collins & Aikman Corp, and other former executives with fraud related to their tenure at the bankrupt auto parts maker.
Market movers have further raised the price of Dia Ammonium Phosphate (DAP) by Rs 60 to Rs 1,450 per 50-kg bag in the wake of rising demand and short supply in the country, traders said on Monday.
A group of Philippine feedmillers and hog and poultry farmers bought 33,000 tonnes of Chinese feed wheat for May/June shipment, traders said on Monday. The traders, who asked not to be identified, said the group bought the commodity from agribusiness comp
Market movers have further raised the price of Dia Ammonium Phosphate (DAP) by Rs 60 to Rs 1,450 per 50-kg bag in the wake of rising demand and short supply in the country, traders said on Monday.
Indonesia's cocoa output is expected to rise as much as 7 percent in 2007 from a year ago as the nation boosts yields through better farm management, a top industry official said on Monday.
The federal government has asked for provincial governments'' comments in connection with preparation of a long-term strategy for increasing cotton production. The Ministry of Food, Agriculture and Livestock (Minfal) has fixed the 2007-08 cotton output ta
The story of the current cotton crop is almost closing, and that of new crop is taking a start. Premature sowing intentions indicate more or less the same area--around 3.20 million hectares. Official circles have started working on estimation of the size
The federal government has asked for provincial governments' comments in connection with preparation of a long-term strategy for increasing cotton production. The Ministry of Food, Agriculture and Livestock (Minfal) has fixed the 2007-08 cotton output tar