A bullish trend was witnessed on the Karachi share market on Monday on the back of both local and foreign investors' support on expectation of early implementation of revised Capital Gain Tax regime. The benchmark KSE-100 increased by 146.96 points to clo
A bullish trend was witnessed on the Karachi share market on Monday on the back of both local and foreign investors' support on expectation of early implementation of revised Capital Gain Tax regime. The benchmark KSE-100 increased by 146.96 points to clo
"Wie boter op het hoofd heeft, moet uit de zon blijven." The Dutch proverb is particularly appropriate for the country''s right-of-centre government, which has collapsed after failing to agree big budget cuts. In English, it reads: "He who has butter on h
"Wie boter op het hoofd heeft, moet uit de zon blijven." The Dutch proverb is particularly appropriate for the country's right-of-centre government, which has collapsed after failing to agree big budget cuts. In English, it reads: "He who has butter on hi
"Wie boter op het hoofd heeft, moet uit de zon blijven." The Dutch proverb is particularly appropriate for the country's right-of-centre government, which has collapsed after failing to agree big budget cuts. In English, it reads: "He who has butter on hi
The Federal Board of Revenue (FBR) has shown surprise that so far not a single investor has availed the lucrative ''tax credit for equity investment scheme'' announced in budget (2011-2012) for newly established industrial undertakings and tax credit to c
The Federal Board of Revenue (FBR) has shown surprise that so far not a single investor has availed the lucrative 'tax credit for equity investment scheme' announced in budget (2011-2012) for newly established industrial undertakings and tax credit to com
The Federal Board of Revenue (FBR) has shown surprise that so far not a single investor has availed the lucrative 'tax credit for equity investment scheme' announced in budget (2011-2012) for newly established industrial undertakings and tax credit to com
The government is likely to use $121 million of Saudi Arabian Basic Industries Corporation (SABIC) loan and non-project grant aid extended by the Japanese government to import urea for Kharif 2012, well-informed sources told Business Recorder.
The government is likely to use $121 million of Saudi Arabian Basic Industries Corporation (SABIC) loan and non-project grant aid extended by the Japanese government to import urea for Kharif 2012, well-informed sources told Business Recorder.
The government is likely to use $121 million of Saudi Arabian Basic Industries Corporation (SABIC) loan and non-project grant aid extended by the Japanese government to import urea for Kharif 2012, well-informed sources told Business Recorder.
Prime Minister Syed Yousuf Raza Gilani said on Monday the government would provide relief to farming sector and the common man in the budget for 2012-13. In an interaction with print media journalists at the Prime Minister''''s House, Gilani also said tha
Prime Minister Syed Yousuf Raza Gilani said on Monday the government would provide relief to farming sector and the common man in the budget for 2012-13. In an interaction with print media journalists at the Prime Minister''s House, Gilani also said that
Prime Minister Syed Yousuf Raza Gilani said on Monday the government would provide relief to farming sector and the common man in the budget for 2012-13. In an interaction with print media journalists at the Prime Minister's House, Gilani also said that t
Prime Minister Syed Yousuf Raza Gilani said on Monday the government would provide relief to farming sector and the common man in the budget for 2012-13. In an interaction with print media journalists at the Prime Minister's House, Gilani also said that t
Global crime proceeds are worth some 2.1 trillion dollars per year, comparable to the nominal gross domestic product (GDP) of leading economies like Britain or Italy, the head of the UN Office on Drugs and Crime (UNODC) said Monday. This corresponds to 3.
Global crime proceeds are worth some 2.1 trillion dollars per year, comparable to the nominal gross domestic product (GDP) of leading economies like Britain or Italy, the head of the UN Office on Drugs and Crime (UNODC) said Monday. This corresponds to 3.
Global crime proceeds are worth some 2.1 trillion dollars per year, comparable to the nominal gross domestic product (GDP) of leading economies like Britain or Italy, the head of the UN Office on Drugs and Crime (UNODC) said Monday. This corresponds to 3.
Global crime proceeds are worth some 2.1 trillion dollars per year, comparable to the nominal gross domestic product (GDP) of leading economies like Britain or Italy, the head of the UN Office on Drugs and Crime (UNODC) said Monday. This corresponds to 3.
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
The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Monday (April 23, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover for
The May vaida was weaker and the July contract was unchanged on the forward cottonseed oilcake market on Monday in process of trading, dealers said. The May vaida that had closed at Rs 787.60, opened with a fall of 40 paisa to Rs 787.20. The July contract
Rising trend was again witnessed on the cotton market on Monday as the ginners raised the asking prices, dealers said. Official spot rate was higher by Rs 150 to Rs 6000, they added. Prices of seedcotton in Sindh were higher at Rs 2200 and Rs 2400, while,
Rice prices rose and grams drifted lower on the wholesale grain market on Monday in process of modest trading, dealers said. On the rice sector, demand pushed up rice prices up and it looks that prices may rise further due to active purchasing by exporter
Russian wheat prices declined last week due to weak demand and intervention sales from state inventories, analysts said on Monday. "Traders complain about very weak demand from the international market," the Institute for Agricultural Market Studies (IKAR
Spain considered restricting Argentine Soyabean meal imports last week to retaliate against the South American country's seizure of Spanish-owned energy company YPF, a source familiar with the matter said on Monday. Instead, Spain introduced a measure on
Spot basis bids for hard red winter wheat were steady to weak in the southern US Plains on Monday as domestic millers had adequate spot supplies, dealers said. Farmer sales of new-crop wheat remained light as producers continued to fret about the advancin
Wheat output in India, the world's second-biggest producer, is seen at a record 90.23 million tonnes in 2012, Farm Minister Sharad Pawar said, boosting chances of additional shipments and immediately weighing on local prices. The estimated output is highe
The Karachi Port handled 318,540 tonnes of cargo comprising1 249,054 tonnes of import cargo and 69,486 tonnes of export cargo including 3,568 loaded & empty containers during last 48 hours ended at 0700 hours on Monday. The total import cargo of 249,054 t
Egypt's bourse jumped on Monday after the regulator approved France Telecom's offer for a stake in Mobinil, while Saudi stocks extended their decline as investors booked profits, while other Gulf bourses closed mixed. Mobinil soared 6.7 percent after Egyp
Japan's Nikkei share average dipped on Monday after financial leaders' pledge to raise the size of the IMF's firewall failed to ignite risk appetite, and as investors grew cautious ahead of Bank of Japan and US Federal Reserve policy meetings this week.
US stocks slid on Monday as resurgent uncertainty in Europe cast doubts on the bloc's ability to push through measures to end its debt crisis, while Wal-Mart weighed on the Dow after a report it stymied a probe into bribery allegations. After Dutch offici
Most Southeast Asian markets extended losses on Monday for a third day running on renewed worries over the euro zone debt crisis and further signs of weakness in European economies. Singapore fell 1.1 percent to a near two-week low in thin trade and Thail
Hong Kong shares suffered their worst loss in seven weeks on Monday, dragged by a 3 percent slump in China Mobile after it posted underwhelming March subscriber numbers after markets closed last Friday. The Hang Seng Index ended down 1.8 percent at 20,624
Australian shares slipped 0.3 percent on Monday, retreating from eight-month highs hit last week with investors on tenterhooks ahead of inflation figures, which could spur the central bank to cut interest rates. "We could see a rally," said Macquarie Equi
European shares fell to a three-month low in brisk volume on Monday and braced for a bumpy ride as worsening global economic conditions and political uncertainty in France and the Netherlands threatened to deepen the euro zone's crisis. The pan-European F
South Korean shares recovered from early losses to end marginally lower on Monday, but trade was choppy with many investors on the sidelines to await cues from a US Federal Reserve policy meeting. The Korea Composite Stock Price Index (KOSPI) ended down 0
Indian shares posted their biggest percentage fall in four weeks on Monday, led by a sharp decline in Infosys after the software service exporter said US authorities were scrutinising the eligibility documents of workers in the United States. The broader
Britain's top shares surrendered almost all of last week's gains on Monday, led lower by commodity stocks and banks, as political uncertainty and disappointing economic data revived investor concerns over the euro zone debt situation. The mood was darkene
The Indian rupee posted its sharpest single session fall in nearly a month on Monday hit by deepening worries over capital inflows, and keeping traders on guard for possible intervention from the central bank. The near-term outlook for the rupee remains w
The euro retreated from two-week highs against the dollar on Monday, pausing after its best weekly performance since February and drawing limited support from the weekend decision to double the International Monetary Fund's war chest. The Australian dolla
The euro slid from two-week high against the dollar on Monday on concern the euro zone debt crisis could spread to European nations so far thought to be safe, with the economic outlook and rising political risks likely to keep it under pressure. Analysts
The euro retreated from two-week highs against the dollar on Monday on worries the eurozone debt crisis could ensnare higher-rated countries, with gloomy economic prospects and rising political risks likely to keep it under pressure. The euro fell 0.7 per
Interbank buy/sell rates for the taka against the dollar on Monday. 81.82-81.83 (previous 81.79-81.83). Call Money Rates: 8.00-15.00 percent (previous 8.25-15.00 percent).
The Swiss franc was poised to tick down against the dollar alongside with the euro as investors shunned risk following an initial vote in France's presidential election and as the eurozone's debt crisis rumbled on. The franc was flat against the euro, tra
Emerging Asian currencies were mixed on Monday on caution before two major central bank meetings, while the International Monetary Fund's decision to double its firepower to battle the European debt crisis provided limited support. Most of region's curren
China's yuan ended weaker on Monday, slightly below Friday's close despite starting from a stronger midpoint, as traders remained reluctant to test the recently widened trading band. Spot yuan closed at 6.3088 per dollar, 3 points weaker than the previous
The Australian and New Zealand dollars nudged lower on Monday as a very soft reading on producer inflation brought an Australian rate cut closer, sending bond futures soaring near to historic highs. The Australian dollar eased to $1.0330, from $1.0371 in
Sterling rose to a 20-month high against a weakened euro on Monday as political uncertainty in France and the Netherlands, combined with a grim economic outlook in the eurozone, prompted investors to flee the common currency. The euro fell 0.6 percent aga
Tennis diva Maria Sharapova says she is relishing making her Stuttgart debut here as the clay-court season gets under way with the statuesque Russian up against all four grand slam winners. The 25-year-old has added Stuttgart to her usual WTA clay-court e
Barcelona defender Gerard Pique dismissed reports of a rift with coach Pep Guardiola here Monday on the eve of the Spanish giants' crunch semi-final second leg with Chelsea. Pique, regarded as one of the key figures in Barcelona's evolution in recent year
A total of 50,000 tickets for Euro 2012 remain unsold for matches in Ukraine, UEFA said on Monday, while playing down suggestions that rocketing accommodation prices are to blame. "In Poland, we are basically sold out. In Ukraine, we still have around 50,
Poland will reinstate controls at its borders with neighbouring EU states during the Euro 2012 soccer championship, the Interior Ministry said in a statement on Monday. The ministry said the controls should not obstruct fluent travel and would be conducte
Trials to select an 18-member Pakistan hockey squad for the 7th Junior Asia Cup will be held at Hockey Club of Pakistan Stadium here on Tuesday 4.00 pm. Selection committee headed by Hanif Khan, Khalid Bashir and Arshad Chaudhry will watch the boys in act
The Pakistani cricketers who took part in the inaugural Bangladesh Premier League are still waiting for their dues to be cleared by the Twenty20 tournament's organisers. One of the leading players confirmed that until now, most of the players had only rec
Pakistan's cricket coach Dav Whatmore Monday voiced disappointment at Bangladesh postponing their tour, saying he had felt no security concerns during his two months in the country. Last week Bangladesh agreed to visit Pakistan for a One-day match and a T
Punjab University Department of Applied Psychology and Centre for Clinical Psychology's three-day workshop on "Post Disaster Psychological Management of Children" concluded at Undergraduate Study Centre here on Monday.
Students of Quaid-e-Azam College of Accountancy and Commerce visited Lahore Stock Exchange (LSE) where they were given an insight about practical aspects of the financial institutions by industry professionals. The visit was part of the nation-wide "Campu
Syed Ibne Hussain, Inspector General Police (IGP), Railways has said that the annual performance of Pakistan Railways Police (PRP) is better than the previous year. While addressing a press conference here on Monday along with DIG Munir Ahmad Chishti, he