The last thing that Angela Merkel would have wanted as she battles to bring Europe's debt crisis under control is to be facing a test of her domestic political strength. But starting this Sunday, the German chancellor finds herself facing three unplanned
Imbalances in the budgetary arrangements of developing countries lead to unemployment and inflationary gaps lead to many social problems. These symptoms tell the tale of gaps in the stabilisation polices of the government. The subject requires serious stu
So Prime Minister Yousuf Raza Gilani is getting ready to become a martyr to corruption. Facing a contempt case for not writing a letter to Swiss authorities that would revive a $60 million thievery case involving his party chief and President of the Islam
Though the second quarterly report is late and the tone is somewhat subdued yet the message from the State Bank is very clear. According to its assessment in the second quarterly report for FY12 released on 20th March, risks to macroeconomic stability had
Indian oil buyers are asking Iran to bear the insurance risk for transporting its crude as tighter Western sanctions make it more difficult to buy Tehran''s principal export, industry sources said on Wednesday. The number of maritime firms willing to tran
Indian oil buyers are asking Iran to bear the insurance risk for transporting its crude as tighter Western sanctions make it more difficult to buy Tehran's principal export, industry sources said on Wednesday. The number of maritime firms willing to trans
Indian oil buyers are asking Iran to bear the insurance risk for transporting its crude as tighter Western sanctions make it more difficult to buy Tehran's principal export, industry sources said on Wednesday. The number of maritime firms willing to trans
PIA has filed a Law Suit No 232/2012 against Transparency International Pakistan and 17 others for permanent injunction in High Court of Sindh at Karachi for restraining "continuing malicious and baseless campaign" regarding purchase of five aircraft from
The rupee fell slightly against the dollar on the interbank market on Wednesday, while it showed no change on the open market in process of trading, dealers said. The rupee continued its decline in relation to the dollar, shedding three paisa for buying a
PIA has filed a Law Suit No 232/2012 against Transparency International Pakistan and 17 others for permanent injunction in High Court of Sindh at Karachi for restraining "continuing malicious and baseless campaign" regarding purchase of five aircraft from
The rupee fell slightly against the dollar on the interbank market on Wednesday, while it showed no change on the open market in process of trading, dealers said. The rupee continued its decline in relation to the dollar, shedding three paisa for buying a
PIA has filed a Law Suit No 232/2012 against Transparency International Pakistan and 17 others for permanent injunction in High Court of Sindh at Karachi for restraining "continuing malicious and baseless campaign" regarding purchase of five aircraft from
Former ambassador to the US, Hussain Haqqani, on Wednesday submitted his reply to the judicial commission investigating the Memo scandal. Haqqani denied all allegations levelled by US businessman Mansoor Ijaz in his testimony and 'evidence' that he submit
Former ambassador to the US, Hussain Haqqani, on Wednesday submitted his reply to the judicial commission investigating the Memo scandal. Haqqani denied all allegations levelled by US businessman Mansoor Ijaz in his testimony and 'evidence' that he submit
The SBP on Wednesday allowed The Bank of Tokyo-Mitsubishi UFJ, Ltd to conduct derivatives business (FX Options only) as Non-Market Maker Financial Institution (NMI), says DMMD Circular No 05. It may be pointed out that six banks including Citibank, Deutsc
The SBP on Wednesday allowed The Bank of Tokyo-Mitsubishi UFJ, Ltd to conduct derivatives business (FX Options only) as Non-Market Maker Financial Institution (NMI), says DMMD Circular No 05. It may be pointed out that six banks including Citibank, Deutsc
The SBP on Wednesday allowed The Bank of Tokyo-Mitsubishi UFJ, Ltd to conduct derivatives business (FX Options only) as Non-Market Maker Financial Institution (NMI), says DMMD Circular No 05. It may be pointed out that six banks including Citibank, Deutsc
Bears dominated the proceedings on the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 47.68 points as the ISE Ten Index moved from 2,790.39 to 2,742.71
Bears dominated the proceedings on the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 47.68 points as the ISE Ten Index moved from 2,790.39 to 2,742.71
Equities on Wednesday moved both ways on the Lahore Stock Exchange and finally stayed in positive zone amid improved trading turnover due to investors' buying interest in select shares. The LSE-25 index gained 40.68 points and was closed at 3485.57 agains
Equities on Wednesday moved both ways on the Lahore Stock Exchange and finally stayed in positive zone amid improved trading turnover due to investors' buying interest in select shares. The LSE-25 index gained 40.68 points and was closed at 3485.57 agains
Foreign Minister Hina Rabbani Khar has underscored Islamabad wants to build a relationship with the United States which has the ownership of Pakistani people and that it works for both sides in a way that is respectful of Pakistani sovereignty.
Foreign Minister Hina Rabbani Khar has underscored Islamabad wants to build a relationship with the United States which has the ownership of Pakistani people and that it works for both sides in a way that is respectful of Pakistani sovereignty.
United States Ambassador in Pakistan, Cameron Munter has said that the attack on Salala check post was unintentional and unfortunate, which must be stopped in future. He said Pak-US relations should be based on mutual interest and respect, saying America
United States Ambassador in Pakistan, Cameron Munter has said that the attack on Salala check post was unintentional and unfortunate, which must be stopped in future. He said Pak-US relations should be based on mutual interest and respect, saying America
United States Ambassador in Pakistan, Cameron Munter has said that the attack on Salala check post was unintentional and unfortunate, which must be stopped in future. He said Pak-US relations should be based on mutual interest and respect, saying America
United States Ambassador in Pakistan, Cameron Munter has said that the attack on Salala check post was unintentional and unfortunate, which must be stopped in future. He said Pak-US relations should be based on mutual interest and respect, saying America
Secretary of State Hillary Clinton said Wednesday that the United States and Pakistan share interests in fighting terrorism after a panel in Islamabad made demands over the troubled relationship. Clinton declined to comment in-depth on the panel's recomme
Secretary of State Hillary Clinton said Wednesday that the United States and Pakistan share interests in fighting terrorism after a panel in Islamabad made demands over the troubled relationship. Clinton declined to comment in-depth on the panel's recomme
On Wednesday, BRIndex30 opened at 9,983.8 and remained positive throughout the trading session. It touched an intraday high of 10,154.02 and an intraday low of 10,024.83 and closed at 10,056.19 which was 72.39 points or 0.73 percent higher than previous c
On Wednesday, BRIndex30 opened at 9,983.8 and remained positive throughout the trading session. It touched an intraday high of 10,154.02 and an intraday low of 10,024.83 and closed at 10,056.19 which was 72.39 points or 0.73 percent higher than previous c
After moving both sides, the KSE-100 index on Wednesday finally closed at 13,293.12 points, down 10.21 points due to profit taking in late hours. The market opened on a strong positive note and the index hit 13,399.39 points intra-day high level. However,
After moving both sides, the KSE-100 index on Wednesday finally closed at 13,293.12 points, down 10.21 points due to profit taking in late hours. The market opened on a strong positive note and the index hit 13,399.39 points intra-day high level. However,
After moving both sides, the KSE-100 index on Wednesday finally closed at 13,293.12 points, down 10.21 points due to profit taking in late hours. The market opened on a strong positive note and the index hit 13,399.39 points intra-day high level. However,
The ministry of commerce on Wednesday issued the Statutory Regulatory Order (SRO) to trade with India in the negative list regime. According to the notification as many as 1209 items have been included in the negative list and would not be importable from
The ministry of commerce on Wednesday issued the Statutory Regulatory Order (SRO) to trade with India in the negative list regime. According to the notification as many as 1209 items have been included in the negative list and would not be importable from
The ministry of commerce on Wednesday issued the Statutory Regulatory Order (SRO) to trade with India in the negative list regime. According to the notification as many as 1209 items have been included in the negative list and would not be importable from
India will explore a route through rival Pakistan to transport iron ore from Afghanistan, the head of a consortium involved in the $11 billion project said, hoping that economic benefits will outweigh political hostility.
India will explore a route through rival Pakistan to transport iron ore from Afghanistan, the head of a consortium involved in the $11 billion project said, hoping that economic benefits will outweigh political hostility.
India will explore a route through rival Pakistan to transport iron ore from Afghanistan, the head of a consortium involved in the $11 billion project said, hoping that economic benefits will outweigh political hostility.
The new Jamadi-ul-Awwal moon may be sighted tomorrow (Friday), according to astronomical parameters. Therefore, the first of Jamadi-ul-Awwal, 1433 AH may fall on Saturday. The moon will cross the conjunction line today (Thursday) at 1937 Pakistan Standard
The new Jamadi-ul-Awwal moon may be sighted tomorrow (Friday), according to astronomical parameters. Therefore, the first of Jamadi-ul-Awwal, 1433 AH may fall on Saturday. The moon will cross the conjunction line today (Thursday) at 1937 Pakistan Standard
Appearing before the Supreme Court in a contempt of court case against premier Syed Yousuf Raza Gilani Wednesday - his counsel Aitzaz Ahsan reiterated that Gilani never defied the court orders, but he cannot write a letter to Swiss authorities to reopen g
Appearing before the Supreme Court in a contempt of court case against premier Syed Yousuf Raza Gilani Wednesday - his counsel Aitzaz Ahsan reiterated that Gilani never defied the court orders, but he cannot write a letter to Swiss authorities to reopen g
Prime Minister Syed Yousuf Raza Gilani on Wednesday directed the ministries of Water and Power and Petroleum to minimise the load-shedding of electricity and gas, and ensure relief to public and industries.
Prime Minister Syed Yousuf Raza Gilani on Wednesday directed the ministries of Water and Power and Petroleum to minimise the load-shedding of electricity and gas, and ensure relief to public and industries.
Prime Minister Syed Yousuf Raza Gilani on Wednesday directed the ministries of Water and Power and Petroleum to minimise the load-shedding of electricity and gas, and ensure relief to public and industries.
The World Bank on Tuesday approved a $1 billion loan to Pakistan to boost electricity supply and improve farm irrigation methods, the global development lender said. The bank said $840 million of the loan will help boost capacity at the Tarbela hydro powe
The World Bank on Tuesday approved a $1 billion loan to Pakistan to boost electricity supply and improve farm irrigation methods, the global development lender said. The bank said $840 million of the loan will help boost capacity at the Tarbela hydro powe
The World Bank on Tuesday approved a $1 billion loan to Pakistan to boost electricity supply and improve farm irrigation methods, the global development lender said. The bank said $840 million of the loan will help boost capacity at the Tarbela hydro powe
Pakistan is yet to finalise its plan to export one million tons of wheat and 0.2 million tons of rice to Iran in lieu of oil and other goods under barter trade arrangements, well informed official sources told Business Recorder.
Pakistan is yet to finalise its plan to export one million tons of wheat and 0.2 million tons of rice to Iran in lieu of oil and other goods under barter trade arrangements, well informed official sources told Business Recorder.