The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Sri Lanka will host the first ever Apparel South Asia Conference on November 5 and 6, in Colombo on theme "Beyond 2010 - Challenges and Opportunities." It is the first unique annual event planned and executed to meet some of urgent needs of South Asian Ap
Special Communication Organisation (SCO) is actively working to link Skardu and Astore districts through landline phone facility. According to details, work on the project of laying modern cable in this regard is going on swiftly. On the other hand, SCO i
Minister for Water and Power Raja Pervez Ashraf on Thursday directed officials of Islamabad Electric Supply Company (IESCO) to improve their efficiency and make the company more consumer friendly.
Punjab Chief Minister Mian Shahbaz Sharif on Wednesday said that undemocratic forces would gain strength if the coalition of pro-democracy forces fail to achieve its objective.
Federal Flood Commission Chairman Dr I.B Sheikh has said the coalition government was making all out efforts for safeguarding lives and properties of the people through providing maximum relief to the poor in flood situation.
The elections for the general body of the Pakistan Crop Protection Association will be held on July 25, 2008. The goal of the new body is that new members are elected who can solve the problems facing the pesticides industry.
Chief Minister Balochistan, Nawab Muhammad Aslam Raisani has called upon agricultural scientists to educate growers on rational use of water, pesticides and quality seeds keeping in view water scarcity and dry weather conditions in the province.
The threat and rumours of suicide attacks along with the scorching heat resulted in a low turnout of lawyers at the rally held outside the Supreme Court on Thursday.
General public, government employees and people living in diplomatic enclave have suffered due to heavy security measures taken by the government in view of lawyers rally.
The capital on Thursday witnessed charged legal community digging ashes from their virtually extinguished movement to ignite second leg of country-wide struggle to press the government for reinstatement of sacked judges by staging a protest demonstration
The Lahore High Court has barred the Election Commission of Pakistan from publishing the name of Major Zulfiqar Ali Gonadal (retd), a returned candidate of Pakistan Peoples Party from PP-118, Mandi Bahauddin, in the official gazette.
Lawyers' weekly protest demanding judges and the judiciary re-installed on Thursday boycotted the courts and staged a rally on The Mall. Speakers at the Lahore High Court Bar general meeting said their protest aimed at reminding the promise of the Parliam
Pakistan direly needs more infrastructural development projects with joint collaboration of the public and private sectors to accelerate economic development and the newly elected government is focusing its attention on public-private partnership (PPP).
The Election Commission (EC) has called upon the political parties to submit their statements of accounts with the Commission before August 29 for the fiscal 2007-08.
JS Investments Limited (JSIL), (formerly JS Abamco Limited) has announced the financial results for Open End Funds (OEFs) under its management for the fiscal year ended June 30th, 2008.
The Lahore Chamber of Commerce and Industry will continue to play its role in promoting trade and industry, which is passing through a critical time in its history, Mohammad Ali Mian told newly elected office-bearers of the Anjuman-e-Tajiran Bilal Gunj at
The Administration Committee of the Lahore High Court, headed by Justice Sayed Zahid Hussain, has ordered disciplinary action against Multan's District and Sessions Civil Judge 1st Class Muhammad Arif, Rahim Yar Khan, Khalid Mehmood Warriach, Civil Judge-
The Asian Development Bank (ADB) has established a new fund using carbon credits generated beyond 2012 to provide urgently needed financing for clean energy projects in the Asia-Pacific region.
Fata Secretariat of the Governor NWFP Tuesday commented on the signing of a peace agreement in the region, saying that the Afridi tribes of Bara Tehsil, Khyber Agency has submitted a written undertaking to the political administration regarding the mainte
Pakistan's economic survival totally depends on agricultural research and development, which is getting importance with every passing day. The high prices of not only oil, but also the essential food commodities in the entire world have given a significan
The country's foreign reserves have shown a sharp decline of over four billion dollars during the last fiscal year due to the rising imports and current account deficit. At the beginning of the last fiscal year, the country's foreign reserves were suffici
US wheat futures closed lower in lacklustre trade on Wednesday, pressed by declines in corn and the ongoing harvest of a likely record large world wheat crop, traders said. Corn futures fell as mild weather forecasts inspired continued fund long liquidati
United States is sensitive to the existing wheat shortage in Pakistan and would provide necessary food assistance to meet her requirements, however, the quantity of soft white wheat would be discussed by the concerned authorities of both the countries, sa
China, the world's largest soyabean buyer, is expected to import a record 35 million tonnes of the oilseed in the year to September, a rise of 24 percent from the previous year, an official think-tank said on Thursday.
United States is sensitive to the existing wheat shortage in Pakistan and would provide necessary food assistance to meet her requirements, however, the quantity of soft white wheat would be discussed by the concerned authorities of both the countries, sa
Opec on Thursday cut its long-term estimate for world oil demand, saying consumption by 2030 would be 3.7 percent lower than previously forecast as soaring prices drive efforts to save energy. Oil prices hit record highs of just below 147 dollars last wee
Rising trend was witnessed on the grain market on Thursday as some buyers made forward buying in process of trading, dealers said. On the cereal side, wheat old and new burdana quoted at Rs 2400-2415. Guward sindh low type gained Rs 150 to Rs 2400 and bet
Opec on Thursday cut its long-term estimate for world oil demand, saying consumption by 2030 would be 3.7 percent lower than previously forecast as soaring prices drive efforts to save energy. Oil prices hit record highs of just below 147 dollars last wee
Abu Dhabi gold sales volume rose 20 percent in June on expatriate demand, but was almost unchanged over the second quarter due to record high prices, the emirate's Gold and Jewellery Group chairman said on Thursday.
Equities has seen a downward trend for the fourth consecutive trading session of this week on the Lahore Stock Exchange (LSE) amid a squeezed transaction volume for lack of institutional and investors support.
Hard red winter wheat futures on the Kansas City Board of Trade closed lower on Wednesday following a drop in CBOT corn, traders said. Prospects for a big global wheat crop this year also continued to weigh on wheat prices.
Equities has seen a downward trend for the fourth consecutive trading session of this week on the Lahore Stock Exchange (LSE) amid a squeezed transaction volume for lack of institutional and investors support.
The Karachi Port handled 131,329 tonnes of cargo including 84,488 tonnes of import, 46,841 tonnes of export cargo and 3,716 loaded and empty containers (TEUs) during last 24 hours ended at 0700 hours on Thursday.
Fresh bearish assault moved the entire ready-board in downward direction on Thursday at Islamabad Stock Exchange where equities failed to show recovery signs under the lead of trend-setters amid decrease in index.
Italian jewellery exports fell by a double-digits rate in the first-quarter as the sector suffered from high commodity prices and a consumer slowdown, Italian goldsmiths' body Federorafi said on Thursday.
Fresh bearish assault moved the entire ready-board in downward direction on Thursday at Islamabad Stock Exchange where equities failed to show recovery signs under the lead of trend-setters amid decrease in index.
The Section 68 of the Income Tax Ordinance 2001 would not be used for calculation of fair market value of the undeclared assets as amnesty scheme is in vogue for legalisation of hidden assets.
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 Section 68 of the Income Tax Ordinance 2001 would not be used for calculation of fair market value of the undeclared assets as amnesty scheme is in vogue for legalisation of hidden assets.
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 Section 68 of the Income Tax Ordinance 2001 would not be used for calculation of fair market value of the undeclared assets as amnesty scheme is in vogue for legalisation of hidden assets.
The Credit Suisse Group, Switzerland's leading bank has announced the launching of equity research and research sales businesses to facilitate institutional clients in Pakistan.
The Credit Suisse Group, Switzerland's leading bank has announced the launching of equity research and research sales businesses to facilitate institutional clients in Pakistan.
The Credit Suisse Group, Switzerland''s leading bank has announced the launching of equity research and research sales businesses to facilitate institutional clients in Pakistan.
The Pakistan National Shipping Corporation (PNSC) has acquired first modern, double hull oil tanker named "MT Quetta". A statement here on Thursday said that the vessel was handed over in Fujairah on July 10 and after loading crude oil, she will arrive in
The Pakistan National Shipping Corporation (PNSC) has acquired first modern, double hull oil tanker named "MT Quetta". A statement here on Thursday said that the vessel was handed over in Fujairah on July 10 and after loading crude oil, she will arrive in
The Pakistan National Shipping Corporation (PNSC) has acquired first modern, double hull oil tanker named "MT Quetta". A statement here on Thursday said that the vessel was handed over in Fujairah on July 10 and after loading crude oil, she will arrive in
The surrounding area of the OGDCL workshop compound at Korangi in Karachi from where two containers with radioactive material were found is being scanned by the investigating team of the Regional Nuclear Safety Directorate of the Pakistan Nuclear Regulato
The surrounding area of the OGDCL workshop compound at Korangi in Karachi from where two containers with radioactive material were found is being scanned by the investigating team of the Regional Nuclear Safety Directorate of the Pakistan Nuclear Regulato
Reaffirming Pakistan's commitment to fight terrorism, Foreign Minister Shah Mahmood Qureshi has told the UN Security Council it will not permit its soil to be used against other countries nor allow foreign troops to operate inside the Pakistani territory.
Reaffirming Pakistan's commitment to fight terrorism, Foreign Minister Shah Mahmood Qureshi has told the UN Security Council it will not permit its soil to be used against other countries nor allow foreign troops to operate inside the Pakistani territory.
Industrialists and textile exporters have announced an indefinite strike and closure of their units, rendering thousands of workers and staff jobless. The action was taken as the government failed to announce an expected Textile Relief Package here Thursd
Industrialists and textile exporters have announced an indefinite strike and closure of their units, rendering thousands of workers and staff jobless. The action was taken as the government failed to announce an expected Textile Relief Package here Thursd
Industrialists and textile exporters have announced an indefinite strike and closure of their units, rendering thousands of workers and staff jobless. The action was taken as the government failed to announce an expected Textile Relief Package here Thursd
A meeting of the senior members of All Pakistan Textile Mills Association (Aptma) was held on Thursday at Aptma offices in Karachi, Lahore and Peshawar simultaneously on video conferencing system to discuss the issue of discriminatory rise in gas tariff a
A meeting of the senior members of All Pakistan Textile Mills Association (Aptma) was held on Thursday at Aptma offices in Karachi, Lahore and Peshawar simultaneously on video conferencing system to discuss the issue of discriminatory rise in gas tariff a
A meeting of the senior members of All Pakistan Textile Mills Association (Aptma) was held on Thursday at Aptma offices in Karachi, Lahore and Peshawar simultaneously on video conferencing system to discuss the issue of discriminatory rise in gas tariff a
The Federal Board of Revenue (FBR) would conduct data analysis of telecommunication, oil and gas and banking sectors to compare their declared profitability with the actual taxes collected from potential sectors during 2007-08.
The Karachi share market saw another dull session on Thursday and market witnessed bearish trend on the information regarding increase in discount rate. The KSE 100 Index remain opened in the red zone with negative 47.65 points. However at closing time it
The Karachi share market saw another dull session on Thursday and market witnessed bearish trend on the information regarding increase in discount rate. The KSE 100 Index remain opened in the red zone with negative 47.65 points. However at closing time it
The Karachi share market saw another dull session on Thursday and market witnessed bearish trend on the information regarding increase in discount rate. The KSE 100 Index remain opened in the red zone with negative 47.65 points. However at closing time it
On Thursday, the BRIndex30 opened in the negative zone at 12,532.12. It closed at 12,411.36 with a net negative change of -120.76 points and percentage change of -0.96. It experienced intra-day high of 12,532.12 and intra-day low of 12,407.80 with volume
On Thursday, the BRIndex30 opened in the negative zone at 12,532.12. It closed at 12,411.36 with a net negative change of -120.76 points and percentage change of -0.96. It experienced intra-day high of 12,532.12 and intra-day low of 12,407.80 with volume
Equity Market Opportunity Fund (EMOF) worth Rs50 billion will invest in KSE-30 index scrips that are eligible for CFS and CFS MK II, for the five trading days in Phase-1, under the management of National Investment Trust Limited (NITL).