The revived investors' confidence over the expectations of early introduction of leverage product on Thursday invited renewed buying at the local bourse and supported the KSE-100 index to register a healthy gain of 116.67 points to close at 12,359.06 poin
Pakistani customs authorities have been empowered to examine 100 percent containers with broken seals carrying transit goods for Afghanistan to avert missing containers'' scams in future under the new Afghan Transit Trade Rules 2011.
Pakistani customs authorities have been empowered to examine 100 percent containers with broken seals carrying transit goods for Afghanistan to avert missing containers' scams in future under the new Afghan Transit Trade Rules 2011.
Pakistani customs authorities have been empowered to examine 100 percent containers with broken seals carrying transit goods for Afghanistan to avert missing containers' scams in future under the new Afghan Transit Trade Rules 2011.
Federal government on Thursday announced that the Washington-backed Afghanistan Pakistan Transit Trade Agreement (APTTA) will be functional from February 12 or 13, 2011 without any ''side letter'' for India.
Federal government on Thursday announced that the Washington-backed Afghanistan Pakistan Transit Trade Agreement (APTTA) will be functional from February 12 or 13, 2011 without any 'side letter' for India.
Federal government on Thursday announced that the Washington-backed Afghanistan Pakistan Transit Trade Agreement (APTTA) will be functional from February 12 or 13, 2011 without any 'side letter' for India.
Shahid Khan Afridi has been retained as the one-day captain for the ICC World Cup 2011, a private TV channel reported on late Thursday. The decision to name Afridi captain for the mega event was announced by Pakistan team manager Intikhab Alam in New Zeal
Shahid Khan Afridi has been retained as the one-day captain for the ICC World Cup 2011, a private TV channel reported on late Thursday. The decision to name Afridi captain for the mega event was announced by Pakistan team manager Intikhab Alam in New Zeal
Oil and Gas Development Company Limited (OGDCL) is still facing 14 cases in the High Courts of Sindh, Balochistan and Rawalpindi bench of the Lahore High Court against the sale of LPG on signature bonus from Bobi field.
Oil and Gas Development Company Limited (OGDCL) is still facing 14 cases in the High Courts of Sindh, Balochistan and Rawalpindi bench of the Lahore High Court against the sale of LPG on signature bonus from Bobi field.
Oil and Gas Development Company Limited (OGDCL) is still facing 14 cases in the High Courts of Sindh, Balochistan and Rawalpindi bench of the Lahore High Court against the sale of LPG on signature bonus from Bobi field.
The United States on Thursday refreshed its demand for immediate release of Raymond Davis, charged with killing of two in Lahore, saying his detention was illegal and in violation of international law.
The United States on Thursday refreshed its demand for immediate release of Raymond Davis, charged with killing of two in Lahore, saying his detention was illegal and in violation of international law.
The Federal Board of Revenue (FBR) has introduced a new provision in the Expeditious Refund System (ERS) for automatic clearance of sales tax refund under no objection to avoid blockage of claims under the electronic system. In this regard, the FBR has am
The Federal Board of Revenue (FBR) has introduced a new provision in the Expeditious Refund System (ERS) for automatic clearance of sales tax refund under no objection to avoid blockage of claims under the electronic system. In this regard, the FBR has am
The Federal Board of Revenue (FBR) has introduced a new provision in the Expeditious Refund System (ERS) for automatic clearance of sales tax refund under no objection to avoid blockage of claims under the electronic system. In this regard, the FBR has am
The Federal Board of Revenue has chalked out a new plan to increase revenue collection in the remaining five months (February-June) of 2010-11 by taking strict enforcement action against the withholding agents, who deduct taxes, but fail to deposit the sa
The Federal Board of Revenue has chalked out a new plan to increase revenue collection in the remaining five months (February-June) of 2010-11 by taking strict enforcement action against the withholding agents, who deduct taxes, but fail to deposit the sa
The Federal Board of Revenue has chalked out a new plan to increase revenue collection in the remaining five months (February-June) of 2010-11 by taking strict enforcement action against the withholding agents, who deduct taxes, but fail to deposit the sa
The Federal Board of Revenue (FBR) can easily manage its revenue shortfall for annual budgetary target by collecting income tax from the beneficiaries of loan write-offs. Although the Board has powers to charge income tax from the beneficiaries.
The Federal Board of Revenue (FBR) can easily manage its revenue shortfall for annual budgetary target by collecting income tax from the beneficiaries of loan write-offs. Although the Board has powers to charge income tax from the beneficiaries.
The Federal Board of Revenue (FBR) can easily manage its revenue shortfall for annual budgetary target by collecting income tax from the beneficiaries of loan write-offs. Although the Board has powers to charge income tax from the beneficiaries.
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (February 03, 2011).
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
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
Jones Tea is 100% Pure Ceylon Teas, available in unique packaged in a sophisticated tea bags (String & tag), foil sachet, metal canister, Box board and catering pack. The packages are beautiful to the eye; almost too beautiful to drink.
Sri Lanka Economy: Sri Lankan economy has demonstrated its resilience having registered an average economic growth of around 6% during last several years , amidst most challenging domestic and external conditions. The economy is estimated to record growth
It gives me great pleasure to extend sincere greeting to the Government and people of Srilanka, on the occasion of Srilanka Day. Pakistan and Srilanka enjoy close, cordial and co-operative relations in various field of co-operation. I am confident that fr
It is with immense pleasure that I send this message on the occasion of our celebration of the 63rd Independence Day of Sri Lanka. We are celebrating our Independence day at a time when Sri Lanka is going through a new era in our history with the ending o
Today, the 4th February 2011 marks a very significant day being the 63rd Anniversary of Sri Lanka's Independence from colonial rule. I would on this occasion extend to the government and people of Pakistan, greetings and best wishes of H.E. the President,
Today, we celebrate Sri Lanka's 63rd anniversary of independence with renewed hope and vigour. In the past years, Sri Lanka was able to sustain its economic growth, even under trying circumstances. Despite encountering many challenges, our foreign reserve
Sri Lanka celebrates the 63rd anniversary of her independence on 4th February 2011 with high expectations of a bright future for the country. After defeating terrorism that disrupted the lives of the people and slowed down the pace of development of the c
All Sri Lankans now have the opportunity to celebrate the 63rd Anniversary of Independence with much glory. The unlimited sacrifices for the freedom and independence of Sri Lanka make today's Independence Day celebrations one of great honour. The aspirati
The Karachi Port handled 101,141 tonnes of cargo including 62,125 tonnes of import cargo, 39,016 tonnes of export cargo, 5,938 loaded and empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 62,125 tonnes compri
Exports of cocoa beans from Indonesia's main growing area of Sulawesi island fell in January against the same month a year ago as a result of wet weather, data showed on Wednesday. Indonesian exporters shipped 11,634.66 tonnes in January, from 25,920 tonn
The Indian government should immediately allow 500,000 tonnes of unrestricted sugar exports to help cash in on current high global prices, the chief of a producers' body told Reuters in an interview on Thursday. India, the world's biggest sugar producer b
Grain and oilseed crops in western Europe are set to face February frosts with a lack of snow cover in some areas, particularly eastern Germany, but no significant damage has yet been reported, analysts said on Tuesday. One analyst said the main concern w
Contracts were mixed on the forward cottonseed oilcake market on Thursday in process of trading, dealers said. The March vaida that had closed at Rs 1237.60 opened with 20 paisa gain at Rs 1237.80. The May contract commenced at Rs 1319.80 and it started w
Rates hit the new high on the cotton market on Thursday as mills did purchasing amid confusions over the contracts of import of Indian cotton, dealers said. The Karachi Cotton Association (KCA) spot rate was unchanged at Rs 11000, they said. Phutti prices
Grams prices were higher on the wholesales grain and seed market on Thursday in process of the sluggish trading, dealers said. On the grams side yellow peas Canada was higher by Rs 100 to Rs 3750-3900, yellow peas dal Canada was up by Rs 150 to Rs 4200-43
With several bullish factors conglomerating to push up cotton prices across the world, New York fibre futures kept spiraling northwards at record pace and performance. Indian refusal to allow shipments of cotton against existing contracts on a vast scale,
MasterCard Inc's fourth-quarter profit soared 41 percent, beating expectations, as consumers around the world spent more money using credit and debit cards. Revenue rose almost 11 percent to $1.44 billion, slightly above expectations. Chief Executive Offi
Deutsche Bank is winning market share to combat falling margins in its key investment banking arm and is confident of its ambitious 2011 profit target, top bosses said on Thursday. The bank also revealed an average investment banker pay of over $500,000 e
Russia is narrowing its discount to other BRIC stock markets thanks to strong oil and metals prices but needs to beat corruption to erase the gap, investors and analysts said on Thursday. Debate at a major Moscow investment forum on the relative merits of
Japan's Nikkei average edged lower on Thursday after surging the day before, as worries over an escalation of violence in Egypt nudged investors towards safer assets. Tumbles in high-tech stocks Panasonic Corp and Ricoh Co after reporting October-December
US stocks slipped on Thursday as concerns over increasing disorder in Egypt and signs of exhaustion in the recent market rally weighed on investor sentiment. But major indexes were well off their lows by early afternoon, possibly showing their strength to
US stocks stalled on Wednesday as technical measures suggested a five-month rally was growing long in the tooth. Investors were reluctant to make big bets even though a report showed US private employers added more jobs than expected in January. The S&P 5
Forty-nine billion dollars has been wiped off the value of shares on Arab stock markets since anti-government protests in Egypt began, Kuwaiti asset managers KAMCO said Thursday. The capitalisation of 13 Arab bourses plunged from $991 billion on January 2
Forty-nine billion dollars has been wiped off the value of shares on Arab stock markets since anti-government protests in Egypt began, Kuwaiti asset managers KAMCO said Thursday. The capitalisation of 13 Arab bourses plunged from $991 billion on January 2
Middle East markets were mixed on Thursday, as investors warily watched escalating violence in Egypt, while gloomy world stocks weighed on regional indices. Dubai's blue chips Emaar Properties and builder Arabtec, both with interests in Egypt, fell. Emaar
Rising food and energy costs fed inflation worries on Wednesday and spurred losses in the US Treasuries market for a third straight session, with the 30-year bond yield touching its highest since April 2010. Worries that rising prices will erode bond valu
Rising food and energy costs fed inflation worries on Wednesday and spurred losses in the US Treasuries market for a third straight session, with the 30-year bond yield touching its highest since April 2010. Worries that rising prices will erode bond valu
Bargain hunting lifted Indian shares for a second day on Thursday after the market had skidded more than 12 percent since the start of January, but traders said the bounce may be short-lived on risk averse global sentiment. Realty and infrastructure firms
European shares ended flat on Thursday, after weak results from heavyweights Royal Dutch Shell and Santander were offset by data showing the US economic recovery was gathering pace. A less hawkish European Central Bank tone on interest rates had combined
Australian stocks rose 0.5 percent on Thursday to reach the highest close in more than a week, with insurers and banks gaining after a major cyclone passed with less destruction than feared, miners gained and earnings results boosted select stocks. Tabcor
Sri Lanka's bourse hit a new record high on Thursday as institutional investors started buying in large quantities after the International Monetary Fund approved the island nation's loan tranche with positive comments. The island's main share index touche