The oil marketing companies have increased furnace oil price by Rs 1,945 per ton in line with increase in this commodity''s price on international market. All marketing companies have fixed new prices for furnace oil with immediate effect and with current
The oil marketing companies have increased furnace oil price by Rs 1,945 per ton in line with increase in this commodity's price on international market. All marketing companies have fixed new prices for furnace oil with immediate effect and with current
The oil marketing companies have increased furnace oil price by Rs 1,945 per ton in line with increase in this commodity's price on international market. All marketing companies have fixed new prices for furnace oil with immediate effect and with current
Equities moved both ways on 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 16.14 points as the ISE Ten Index moved from 2,848.93
Equities moved both ways on 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 16.14 points as the ISE Ten Index moved from 2,848.93
Bullish sentiments dominated on the Lahore Stock Exchange on Friday and the equities registered gains across the board amid improved trading turnover following fresh buying in potential shares. The LSE-25 index was jumped to 3476.02 against 3381.38 of Thu
Bullish sentiments dominated on the Lahore Stock Exchange on Friday and the equities registered gains across the board amid improved trading turnover following fresh buying in potential shares. The LSE-25 index was jumped to 3476.02 against 3381.38 of Thu
US President Barack Obama has warned that a premature attack on Iran would allow it to play the "victim" in the nuclear crisis just days before key talks with Israeli leader Benjamin Netanyahu. In some of his toughest comments yet on Tehran's nuclear driv
On Friday, BRIndex30 opened at 9,808.69 and remained positive throughout the trading session. It touched an intraday high of 9,936.07 and an intraday low of 9,808.69 and closed at 9,930.70 which was 122.01 points or 1.24 percent higher than previous close
On Friday, BRIndex30 opened at 9,808.69 and remained positive throughout the trading session. It touched an intraday high of 9,936.07 and an intraday low of 9,808.69 and closed at 9,930.70 which was 122.01 points or 1.24 percent higher than previous close
A bull-run continued on the Karachi share market on Friday and the KSE-100 index breached 13,000 psychological level, the highest level after June 2008 on the back of both local and foreign investors support. Across the board buying was witnessed from loc
A bull-run continued on the Karachi share market on Friday and the KSE-100 index breached 13,000 psychological level, the highest level after June 2008 on the back of both local and foreign investors support. Across the board buying was witnessed from loc
A bull-run continued on the Karachi share market on Friday and the KSE-100 index breached 13,000 psychological level, the highest level after June 2008 on the back of both local and foreign investors support. Across the board buying was witnessed from loc
The judicial commission investigating the Memo case may direct the federal government to seek Scotland Yard's assistance to carry out the forensic analysis of BlackBerry devices in case no private forensic expertise is found in nine days.
The judicial commission investigating the Memo case may direct the federal government to seek Scotland Yard's assistance to carry out the forensic analysis of BlackBerry devices in case no private forensic expertise is found in nine days.
Mansoor Ijaz, star witness in Memogate case, has alleged that President Asif Ali Zardari had asked Army Chief General Ashfaq Parvez Kayani on May 2 night not to send F-16 aircraft to bring down US choppers carrying Navy SEALS commandos who killed Osama bi
Mansoor Ijaz, star witness in Memogate case, has alleged that President Asif Ali Zardari had asked Army Chief General Ashfaq Parvez Kayani on May 2 night not to send F-16 aircraft to bring down US choppers carrying Navy SEALS commandos who killed Osama bi
At least 55 people were killed Friday in violence in troubled north-western tribal region of Kyhber, which borders Afghanistan, local officials said. Twenty-two people were killed in a suicide attack targeting a mosque after Friday prayers in the Tirah va
At least 55 people were killed Friday in violence in troubled north-western tribal region of Kyhber, which borders Afghanistan, local officials said. Twenty-two people were killed in a suicide attack targeting a mosque after Friday prayers in the Tirah va
Pakistan Muslim League-Nawaz (PML-N) which emerged as the largest opposition party in the Senate, is likely to nominate Senator Ishaq Dar as opposition leader in the Upper House of the Parliament. After winning eight seats, became the second largest party
Pakistan Muslim League-Nawaz (PML-N) which emerged as the largest opposition party in the Senate, is likely to nominate Senator Ishaq Dar as opposition leader in the Upper House of the Parliament. After winning eight seats, became the second largest party
The Provincial Election Commission on Friday withheld results of seven general seats of Senate from Balochistan over Pakistan Muslim League (Nawaz) objections, Aaj News reported late Friday night. According to the channel, now the recounting will b
The Provincial Election Commission on Friday withheld results of seven general seats of Senate from Balochistan over Pakistan Muslim League (Nawaz) objections, Aaj News reported late Friday night. According to the channel, now the recounting will b
In the closely-watched elections to Upper House of Parliament held on Friday, the ruling Pakistan People's Party (PPP) successfully raised the number of its senators from 27 to 41. According to unofficial results, PPP clinched 19 seats, Pakistan Muslim Le
In the closely-watched elections to Upper House of Parliament held on Friday, the ruling Pakistan People's Party (PPP) successfully raised the number of its senators from 27 to 41. According to unofficial results, PPP clinched 19 seats, Pakistan Muslim Le
Prime Min-ister Syed Yousuf Raza Gilani on Friday said the government had addressed the circular debt issue to a large extent and added that it would lead to the thermal generation of electricity to its maximum capacity, improving the supply considerably.
Prime Min-ister Syed Yousuf Raza Gilani on Friday said the government had addressed the circular debt issue to a large extent and added that it would lead to the thermal generation of electricity to its maximum capacity, improving the supply considerably.
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 Commi
Prime Min-ister Syed Yousuf Raza Gilani on Friday said the government had addressed the circular debt issue to a large extent and added that it would lead to the thermal generation of electricity to its maximum capacity, improving the supply considerably.
The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Friday (March 02, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover for
Leader of Opposition in National Assembly Chaudhry Nisar Ali Khan Friday warned that his party would strongly resist any extension in the tenure of Director General Inter-Services Intelligence (ISI) Lieutenant General Ahmed Shuja Pasha. "In no way will th
Leader of Opposition in National Assembly Chaudhry Nisar Ali Khan Friday warned that his party would strongly resist any extension in the tenure of Director General Inter-Services Intelligence (ISI) Lieutenant General Ahmed Shuja Pasha. "In no way will th
The State Bank of Pakistan (SBP) has announced extension of the loan period by two years under the Credit Guarantee Scheme for Small and Rural Enterprises. Credit Guarantee Schemes are programmes that ensure partial repayment of a loan in order to motivat
The State Bank of Pakistan (SBP) has announced extension of the loan period by two years under the Credit Guarantee Scheme for Small and Rural Enterprises. Credit Guarantee Schemes are programmes that ensure partial repayment of a loan in order to motivat
The State Bank of Pakistan (SBP) has announced extension of the loan period by two years under the Credit Guarantee Scheme for Small and Rural Enterprises. Credit Guarantee Schemes are programmes that ensure partial repayment of a loan in order to motivat
Bridge is a game essentially of foresight. For it begins and ends keeping the bid contract in sight, trying to find all roads leading to Rome. A good declarer never loses sigh of the ultimate aim and that is to bring the bid contract successfully home. Of
Prime Minister, Syed Yousaf Raza Gilani has convened a meeting on March 6, 2012 (Tuesday) for deliberations on financial and operational matters of Pakistan Steel Mills (PSM), including Finance Ministry''s alleged reluctance to support GoP guarantees, wel
Pakistan Mein Riyasti Ashrafiya Ka Urooj (The Rise of State Aristocracy), released by the Alternate Solutions Institute is a critique of Pakistan's ruling class that have strengthened their hold on the people and the resources of the country during the pa
Prime Minister, Syed Yousaf Raza Gilani has convened a meeting on March 6, 2012 (Tuesday) for deliberations on financial and operational matters of Pakistan Steel Mills (PSM), including Finance Ministry's alleged reluctance to support GoP guarantees, well
Wedding is the occasion of happiness with well-known ceremonies and rituals, passed down through generations. Based on religion and tradition, these ceremonies commemorated with zest in almost every region of the world.
Prime Minister, Syed Yousaf Raza Gilani has convened a meeting on March 6, 2012 (Tuesday) for deliberations on financial and operational matters of Pakistan Steel Mills (PSM), including Finance Ministry's alleged reluctance to support GoP guarantees, well
The quiet and peaceful ambience of Zarah David's landscapes reveals her strong sense of art which she shares through her paintings in a solo exhibition at Ocean Art Galleries, Karachi. Art is in her blood. Daughter of renowned artists Anna Molka Ahmed and
All but two European Union countries signed a treaty on tighter budget discipline for the euro zone on Friday, marking a coup for Germany which pushed for the accord to try to prevent a repeat of the loose spending that led to a debt crisis.
The moment Sharmeen Obaid Chinoy's film "Saving Face" won the Oscar in the Best Documentary Short category, thousands of congratulations poured in from all over Pakistan, and from Pakis living abroad, through the websites, Facebook and Twitter. However, i
All but two European Union countries signed a treaty on tighter budget discipline for the euro zone on Friday, marking a coup for Germany which pushed for the accord to try to prevent a repeat of the loose spending that led to a debt crisis.
Wheat export premiums at the US Gulf Coast were mostly steady on Thursday, underpinned by moderate export demand highlighted by Iran's first purchase of US wheat since 2009, traders said. The US Agriculture Department confirmed a private sale of 120,000 t
All but two European Union countries signed a treaty on tighter budget discipline for the euro zone on Friday, marking a coup for Germany which pushed for the accord to try to prevent a repeat of the loose spending that led to a debt crisis.
China's palm oil stocks probably rose to nearly a million tonnes in February with a further build-up seen as traders keep buying cargoes from Malaysia and Indonesia on concern over strengthening prices, a Reuters survey showed on Thursday.
Corn and soyabean spot basis bids held mostly steady around the US Midwest on Thursday as sales of each commodity were slow amid little-changed futures at the Chicago Board of Trade. Soyabean futures posted a modest gain on Thursday but failed to surpass
Ukraine's grain exports fell by about 25 percent to 1.7 million tonnes in February from 2.26 million in January, Ukrainian grain lobby UAC said on Friday, after officials said severe cold had hit transportation. UAC said in a statement the volume had incl
According to the Grain and Oilseeds Merchants Group, commodity items showed no change on Friday as almost all the participants were busuy in preparations for Juma prayers.
The Karachi Port handled 131,657 tonnes of cargo comprising1 85,328 tonnes of import cargo and 46,329 tonnes of export cargo including 4,345 loaded & empty containers during last 24 hours ended at 0700 hours on Friday. The total import cargo of 85,328 ton
Slow daily-intake was again witnessed on cotton market on Friday because mills and spinners remained on the sidelines in the absence of motivating factors, dealers said. The official spot rate resisted further decline, retaining at overnight rate Rs 5,300
Most Southeast Asian stock markets posted modest gains on Friday as rising oil prices bolstered energy and resource-related shares, with foreign buying helping push Thai shares to the highest in almost 16 years. Foreign inflows into the Thai market have g
Seoul shares edged up on Friday to set a three-day rally, closing at a fresh seven-month closing high backed by bullish sentiment from the European Central Bank's second round of liquidity injections and positive US jobs data. Hyundai Motor rose 1.85 perc
Japan's Nikkei average hit a fresh seven-month closing high on Friday after a European Central Bank liquidity operation this week underpinned market sentiment, but it failed to hold above 9,800 for a third day as market players warned of a correction. Whi
US stocks edged lower on Friday in a session with sparse economic data, but the S&P 500 and Nasdaq remained on pace for their eighth positive week in the last nine. The S&P 500 has traded in a tight range in the past two weeks, mostly holding on to gains
US stocks rose on Thursday, moving back to 2008 highs, after a jump in bank shares and further upbeat data on the labour market, though sharp gains in oil prices limited the advance. After losses on Wednesday, the rebound took the S&P 500 back above its 1
Taiwan stocks closed 0.32 percent higher on Friday, off the day's high, with electronics-related sectors broadly higher at the expense of defensives such as transport, and cement. The main TAIEX index rose 25.70 points to 8,144.04. It had risen to as high
US Treasury debt prices fell on Thursday as a pushback in expectations on when the Federal Reserve might launch another round of monetary easing continued to weigh on the market and riskier assets drew money away from safe-haven debt.
US Treasury debt prices fell on Thursday as a pushback in expectations on when the Federal Reserve might launch another round of monetary easing continued to weigh on the market and riskier assets drew money away from safe-haven debt.
Hong Kong and China shares rose on Friday, bolstered by Chinese banks and developers after Beijing's banking regulator said the country's "Big Four" state-backed banks will lend more to qualified developers to boost the supply of non-luxury housing.
European share markets ended flat on Friday, limping into the weekend in thin trading volumes, although the effects of this week's injection of cheap money from the European Central Bank buoyed banking stocks and are expected to continue to underpin the m
Indian shares eked out a modest gain on Friday as investors turned cautious ahead of state election results, while a muted response to the government's sale of shares in Oil & Natural Gas Corp raised concerns about its divestment plans.
Miners dragged down Britain's blue-chip index on Friday in a wave of profit-taking which could push the market down to levels that will lure in the large numbers of investors who have sat out the early 2012 rally.
ICE Canadian canola futures pulled back on Thursday on profit-taking and spillover weakness from US grains, after notching its biggest monthly gain since mid-2010 in February. Stronger Canadian dollar and weaker crushing margins kept buying interest light
Japanese companies unexpectedly raised expenditure in October-December from a year earlier, an encouraging sign for demand as the country rebuilds from last year's devastating earthquake and could mean that fourth-quarter GDP is revised to a positive figu
Michael Woodford, the ousted Olympus chief executive who blew the whistle on one of Japan's most high-profile frauds, vowed he would hold his former employer to account as he kicked off his legal battle for wrongful dismissal in London on Thursday.
Canada's economic growth slowed markedly in the fourth quarter of 2011, albeit with some underlying strength that could carry it into 2012, leaving the Bank of Canada with continued room to hold interest rates at historic lows. Statistics Canada said on F