The officers and staff of Trade Development Authority of Pakistan (TDAP), deeply touched and grieved over the huge human loss and displacement due to unprecedented floods in the country have contributed about Rs 2.35 million towards Prime Minister's Flood
Pakistan Petroleum Limited (PPL) Managing Director and Chief Executive Officer Kha1id Rahman and other senior officers of the company recently visited flood-affected areas to oversee the company's relief efforts and distributed dry food packages among the
A strong current of floodwater, gushing out from Molchand Surjani (MS) embankment, hit hard Jati, a taluka of District Thatta, after causing devastations in Sujawal City, on Thursday. Thousands of people have stranded in and around Jati town and scramblin
The Sindh government is against the method of registering the flood affected people by the National Database and Registration Authority (Nadra) in the province as at least 50 percent population of these areas does not have the Computerised National Identi
Participants of the briefing session organised by Pakistan Institute of Legislative Development and Transparency (Pildat) strongly urged the government to collaborate with all stakeholders while launching campaigns in flood affected areas.
Mobilink is rapidly expanding the outreach of its flood relief efforts and continues to deliver healthy food and basic necessities to flood victims across the country. The efforts are being channelled through the Mobilink Foundation using the Rs 85 millio
The Devolution Trust for Community Empowerment (DTCE) under the umbrella of Jeevay Pakistan Jeevay Maqami Hakoomat on Thursday started first phase of its flood relief activity from Prang Union Council, Charsadda and distributed food items among the most d
A total of 12 foreign medical teams are providing medical care to the flood affected people across the country, said data released by National Disaster Management Authority (NDMA) here on Thursday.
Six million (one million families) out of 20 million affected by the devastating floods in Pakistan are beneficiaries of Benazir Income Support Programme (BISP), informed sources revealed exclusively to Business Recorder. These one million families
Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 04.46 points as the ISE Ten Index moved from 2,512.17
General Motors reported Wednesday a nearly 25 percent slump in US sales in August compared to the same month a year earlier. GM said sales plummeted to 185,176 vehicles from 246,479 last August, when US authorities launched a "cash-for-clunkers" incentive
Peru's central bank will raise its forecast for 2010 economic growth to "above 7 percent," Central Bank President Julio Velarde told Reuters on Thursday as the Andean country's economy expands at one of the fastest paces in the world. The current official
China is stepping up attempts to hamper BHP Billiton's $39 billion hostile offer for Potash Corp, amid worries about future supplies of fertiliser it needs to rapidly boost food production. China's state-run Sinochem has hired HSBC to advise it on options
Gulf banks have spent more than 20 billion dollars on provisions for bad debt and lost investments but are showing signs of returning to high profitability, Standard and Poor's said Wednesday. The rating agency said that the Gulf banks it rates have spent
A top French financial regulator warned on Thursday that a bubble might be emerging on government sovereign debt markets. The warning came from the head of the French financial markets authority (AMF), Jean-Pierre Jouyet, in remarks on French BFM radio ag
A top French financial regulator warned on Thursday that a bubble might be emerging on government sovereign debt markets. The warning came from the head of the French financial markets authority (AMF), Jean-Pierre Jouyet, in remarks on French BFM radio ag
Delta Air Lines Inc has seen very strong traffic on its flights in August, helped in part by a stronger yen that spurred more Japanese to take overseas trips, its company president said on Thursday. "It has been an important contributor to our recovery fr
Despite New York cotton futures and lint prices having risen to two and a half year high levels, local lint prices saw only moderate gains in a steady market. Recent decline of ready cotton prices in the domestic market indicates a major correctional fact
Despite New York cotton futures and lint prices having risen to two and a half year high levels, local lint prices saw only moderate gains in a steady market. Recent decline of ready cotton prices in the domestic market indicates a major correctional fact
The top price for Kenya's benchmark AA coffee grade jumped to $500 per 50-kg bag at this week's auction from $434 per bag in the previous sale, the Nairobi Coffee Exchange said. The AA grade sold at $500-$225 per bag compared with $434-$246 at last week's
Official spot rate cut continued for the second day in a row on the cotton market on Thursday mainly because of slight improvement in phutti arrivals, dealers said. The Karachi Cotton Association (KCA) official spot rate was trimmed by Rs 200 to Rs 6,300,
Bullish trend was seen on the forward cottonseed oilcake market on Thursday in the process of trading, dealers said. The July contract that ended at Rs 1001.80 opened with a gain of 50 paisa at Rs 1002.30, dealers said. The December vaida which closed at
The Karachi Port handled 62,275 tonnes of cargo including 51,616 tonnes of import cargo, 10,659 tonnes of export cargo, 1,371 loaded and empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 51,616 tonnes compris
US wheat futures were largely unchanged on Thursday as the market took a breather following a demand-led rally of more than 3 percent in the previous session. Corn was also nearly flat, after climbing to a 14-1/2 month top on Wednesday, while soybeans, wh
Argentina's 2010/11 wheat output is seen at between 9 million and 10.5 million tonnes, Rosario grains exchange said on Wednesday, putting its first harvest estimate far below other forecasts. Argentina is a global leading wheat exporter, but shipments slu
Rising trend was seen on the wholesale grain and seed market on Thursday as buyers indulged in fresh purchasing ahead of Eid-ul-Fitr holidays, dealers said. On the grams side guwar Sindh slipped by Rs 50 to Rs 3850-3950 and guwar Punjab followed the same
Due to dry weather, Brazil's 2010/11 cane crop is expected to put out a record 38.15 million tonnes of sugar, slightly down from the 38.7 million tonnes forecast in April, the government's crop supply agency Conab said Thursday. The country's total cane c
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
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
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (September 02, 2010).
Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (September 02, 2010).
The directives by the Cabinet to remove contractual inconsistencies for the multi billion dollar Rental Power Projects (RPPs), as noted by third party audit, has been put on hold by an office memorandum (OM) signed by a Section Officer of the Cabinet Divi
The directives by the Cabinet to remove contractual inconsistencies for the multi billion dollar Rental Power Projects (RPPs), as noted by third party audit, has been put on hold by an office memorandum (OM) signed by a Section Officer of the Cabinet Divi
The directives by the Cabinet to remove contractual inconsistencies for the multi billion dollar Rental Power Projects (RPPs), as noted by third party audit, has been put on hold by an office memorandum (OM) signed by a Section Officer of the Cabinet Divi
Inter-national Monetary Fund (IMF) would provide around US$450 million in immediate emergency financing to Pakistan to help the country manage the aftermath of the massive and devastating floods that wrecked havoc in the country.
Inter-national Monetary Fund (IMF) would provide around US$450 million in immediate emergency financing to Pakistan to help the country manage the aftermath of the massive and devastating floods that wrecked havoc in the country.
Inter-national Monetary Fund (IMF) would provide around US$450 million in immediate emergency financing to Pakistan to help the country manage the aftermath of the massive and devastating floods that wrecked havoc in the country.
The KSE-100 index, after witnessing negative opening, managed to close in positive at the level of 9,762.89 points with a net gain of 27.51 points on Thursday. The market opened on a negative note due to lack of interest of local investors and the index h
The KSE-100 index, after witnessing negative opening, managed to close in positive at the level of 9,762.89 points with a net gain of 27.51 points on Thursday. The market opened on a negative note due to lack of interest of local investors and the index h
The KSE-100 index, after witnessing negative opening, managed to close in positive at the level of 9,762.89 points with a net gain of 27.51 points on Thursday. The market opened on a negative note due to lack of interest of local investors and the index h
On Thursday, BRIndex30 opened at 7,557.44 and remained positive for most of the trading time entering negative only in the last hour. It touched an intraday high of 7,631.63 and an intraday low of 7,542.47 and closed at 7,554.27, which is -3.17 points or
On Thursday, BRIndex30 opened at 7,557.44 and remained positive for most of the trading time entering negative only in the last hour. It touched an intraday high of 7,631.63 and an intraday low of 7,542.47 and closed at 7,554.27, which is -3.17 points or
The three cricketers accused of involvement in an illegal betting scam insisted on their innocence Thursday as they formally withdrew from the scandal-tainted tour of England. Test captain Salman Butt and bowlers Mohammad Aamer and Mohammad Asif vowed to
The three cricketers accused of involvement in an illegal betting scam insisted on their innocence Thursday as they formally withdrew from the scandal-tainted tour of England. Test captain Salman Butt and bowlers Mohammad Aamer and Mohammad Asif vowed to
Israeli and Palestinian leaders began their first round of direct peace negotiations in more than a year on Thursday, pledging to meet again in two weeks as part of a US-brokered quest for peace. US Middle East peace envoy George Mitchell said Israeli Pri
Israeli and Palestinian leaders began their first round of direct peace negotiations in more than a year on Thursday, pledging to meet again in two weeks as part of a US-brokered quest for peace. US Middle East peace envoy George Mitchell said Israeli Pri
The members of Karachi Stock Exchange on Thursday decided that general body meeting will be called to amend KSE Article of Association to appoint broker as a chairman of the exchange. In an emergent meeting held at KSE here on Thursday, the members decide
The members of Karachi Stock Exchange on Thursday decided that general body meeting will be called to amend KSE Article of Association to appoint broker as a chairman of the exchange. In an emergent meeting held at KSE here on Thursday, the members decide
The members of Karachi Stock Exchange on Thursday decided that general body meeting will be called to amend KSE Article of Association to appoint broker as a chairman of the exchange. In an emergent meeting held at KSE here on Thursday, the members decide
Bullish sentiments dominated on the Lahore Stock Exchange (LSE) on Thursday where equities registered gains amid decreased trading turnover because of the investors' conscious approach. The LSE-25 index gained 16.15 points and was closed at 3090.62 agains
Bullish sentiments dominated on the Lahore Stock Exchange (LSE) on Thursday where equities registered gains amid decreased trading turnover because of the investors' conscious approach. The LSE-25 index gained 16.15 points and was closed at 3090.62 agains
Soneri Bank's Board of Directors is pleased to announce the appointment of Atif Bajwa as the new President and Chief Executive Officer of the bank. He will be taking over from Safar Ali K Lakhani who will retire after serving for 19 years as the President
Soneri Bank''s Board of Directors is pleased to announce the appointment of Atif Bajwa as the new President and Chief Executive Officer of the bank. He will be taking over from Safar Ali K Lakhani who will retire after serving for 19 years as the Presiden