Refineries, including the Attock Oil Refinery (ARL), have stopped/reduced the supply of refined fuel to Pakistan State Oil (PSO) after its dues exceeded Rs 82 billion, it is learnt. "Currently, we are just supplying jet fuel oil to PSO on cash payments af
Pakistan has indefinitely delayed an auction to sell third-generation (3G) mobile telecoms licences, two operators told Reuters, which if completed would have raised a minimum of $630 million for the cash-strapped country. The auction of three 3G licences
Pakistan has indefinitely delayed an auction to sell third-generation (3G) mobile telecoms licences, two operators told Reuters, which if completed would have raised a minimum of $630 million for the cash-strapped country. The auction of three 3G licences
Pakistan has indefinitely delayed an auction to sell third-generation (3G) mobile telecoms licences, two operators told Reuters, which if completed would have raised a minimum of $630 million for the cash-strapped country. The auction of three 3G licences
US officials concluded in the 1980s that Pakistan was lying about its nuclear programme but muted criticism due to Islamabad's support against the Soviets in Afghanistan, declassified documents showed. The memos to be released Thursday reveal some of the
US officials concluded in the 1980s that Pakistan was lying about its nuclear programme but muted criticism due to Islamabad's support against the Soviets in Afghanistan, declassified documents showed. The memos to be released Thursday reveal some of the
Austria's foreign minister on Thursday slammed India and Pakistan's recent missile tests, insisting states' continued pursuit of nuclear weapons was "flat out irresponsible". "The tests of an Indian long-range missile a week ago and of an intermediate-ran
Austria's foreign minister on Thursday slammed India and Pakistan's recent missile tests, insisting states' continued pursuit of nuclear weapons was "flat out irresponsible". "The tests of an Indian long-range missile a week ago and of an intermediate-ran
The US embassy in Islamabad on Thursday banned its staff from restaurants and markets in the Pakistani capital for several days either side of the anniversary of Osama bin Laden's death. The al Qaeda kingpin was killed in a US special forces raid in the P
The US embassy in Islamabad on Thursday banned its staff from restaurants and markets in the Pakistani capital for several days either side of the anniversary of Osama bin Laden's death. The al Qaeda kingpin was killed in a US special forces raid in the P
Government on Thursday deported the family of Osama bin Laden to Saudi Arabia in a special Saudi plane. Spokesman of Interior Ministry said that the Ministry on Thursday passed orders for the deportation of 14 members of OBL family in pursuance of the cou
Government on Thursday deported the family of Osama bin Laden to Saudi Arabia in a special Saudi plane. Spokesman of Interior Ministry said that the Ministry on Thursday passed orders for the deportation of 14 members of OBL family in pursuance of the cou
Bears dominated the proceedings at 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 8.67 points as the ISE Ten Index moved from 2,894.01 to 2,885.34 p
Bears dominated the proceedings at 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 8.67 points as the ISE Ten Index moved from 2,894.01 to 2,885.34 p
Bears dominated the proceedings at the Lahore Stock Exchange (LSE) where equities showed negative signs amid slight surge in transaction volume on Thursday. The LSE-25 index moved down to 3674.13 points against 3731.62 points of Wednesday, showing a decli
Bears dominated the proceedings at the Lahore Stock Exchange (LSE) where equities showed negative signs amid slight surge in transaction volume on Thursday. The LSE-25 index moved down to 3674.13 points against 3731.62 points of Wednesday, showing a decli
The National Clearing Company of Pakistan Limited (NCCPL) on Thursday announced that in order to provide further facilitation to the clearing members, settlement facility on Negotiated Deal Market (NDM) trades has been extended for T+0 settlement cycle wi
The National Clearing Company of Pakistan Limited (NCCPL) on Thursday announced that in order to provide further facilitation to the clearing members, settlement facility on Negotiated Deal Market (NDM) trades has been extended for T+0 settlement cycle wi
The National Clearing Company of Pakistan Limited (NCCPL) on Thursday announced that in order to provide further facilitation to the clearing members, settlement facility on Negotiated Deal Market (NDM) trades has been extended for T+0 settlement cycle wi
Pakistan Revenue Automation Limited (Pral), a subsidiary of the Federal Board of Revenue, has been legally empowered to regularly conduct audit of National Clearing Company of Pakistan Limited (NCCPL) for examining maintained record of shares transactions
Pakistan Revenue Automation Limited (Pral), a subsidiary of the Federal Board of Revenue, has been legally empowered to regularly conduct audit of National Clearing Company of Pakistan Limited (NCCPL) for examining maintained record of shares transactions
Pakistan Revenue Automation Limited (Pral), a subsidiary of the Federal Board of Revenue, has been legally empowered to regularly conduct audit of National Clearing Company of Pakistan Limited (NCCPL) for examining maintained record of shares transactions
The judicial commission investigating the Memo Scandal Thursday rejected Hussain Haqqani's petition to record his testimony via a video-link and directed him to submit details of secret funds that he utilised as Ambassador to the US. The commission's meet
The judicial commission investigating the Memo Scandal Thursday rejected Hussain Haqqani's petition to record his testimony via a video-link and directed him to submit details of secret funds that he utilised as Ambassador to the US. The commission's meet
Turkmenistan hopes to conclude a long-awaited gas price deal with Pakistan and India during imminent talks on construction of an ambitious project to build a pipeline through Afghanistan, a government official said on Thursday. Turkmenistan, which holds m
Turkmenistan hopes to conclude a long-awaited gas price deal with Pakistan and India during imminent talks on construction of an ambitious project to build a pipeline through Afghanistan, a government official said on Thursday. Turkmenistan, which holds m
Turkmenistan hopes to conclude a long-awaited gas price deal with Pakistan and India during imminent talks on construction of an ambitious project to build a pipeline through Afghanistan, a government official said on Thursday. Turkmenistan, which holds m
The petroleum ministry is threatening to deny gas supply to Independent Power Producers (IPPs) which owe Rs 21 billion to Sui Northern Gas Pipeline Limited (SNGPL). "I have decided to cut gas supply to IPPs which are defaulters of SNGPL," said Minister fo
The petroleum ministry is threatening to deny gas supply to Independent Power Producers (IPPs) which owe Rs 21 billion to Sui Northern Gas Pipeline Limited (SNGPL). "I have decided to cut gas supply to IPPs which are defaulters of SNGPL," said Minister fo
The petroleum ministry is threatening to deny gas supply to Independent Power Producers (IPPs) which owe Rs 21 billion to Sui Northern Gas Pipeline Limited (SNGPL). "I have decided to cut gas supply to IPPs which are defaulters of SNGPL," said Minister fo
On Thursday, BRIndex30 opened at 10,539.58. It touched an intraday high of 10,645.03 and an intraday low of 10,324.30 and closed at 10,349.43 which was -190.15 points or -1.8 percent lower than previous close. Total volume was 192,546,624, which was 71.17
On Thursday, BRIndex30 opened at 10,539.58. It touched an intraday high of 10,645.03 and an intraday low of 10,324.30 and closed at 10,349.43 which was -190.15 points or -1.8 percent lower than previous close. Total volume was 192,546,624, which was 71.17
After moving both sides, the KSE-100 index on Thursday closed at 14,066.09 points down 151.65 points due to selling mainly local investors and institutions. The foreign investors'' interest continued and they remained net buyers of shares worth 1.83 milli
After moving both sides, the KSE-100 index on Thursday closed at 14,066.09 points down 151.65 points due to selling mainly local investors and institutions. The foreign investors' interest continued and they remained net buyers of shares worth 1.83 millio
After moving both sides, the KSE-100 index on Thursday closed at 14,066.09 points down 151.65 points due to selling mainly local investors and institutions. The foreign investors' interest continued and they remained net buyers of shares worth 1.83 millio
United States Special Envoy for Afghanistan and Pakistan, Marc Grossman, who is heading the first high level delegation after Salala incident, called on Chief of Army Staff, General Ashfaq Parvez Kayani at General Headquarters on Thursday to discuss vario
United States Special Envoy for Afghanistan and Pakistan, Marc Grossman, who is heading the first high level delegation after Salala incident, called on Chief of Army Staff, General Ashfaq Parvez Kayani at General Headquarters on Thursday to discuss vario
While expressing his grief over the check post incident, US Special Representative for Afghanistan and Pakistan Ambassador Marc Grossman said that United States respects all policies underlined by Pakistan's parliament. "United States values highly the re
While expressing his grief over the check post incident, US Special Representative for Afghanistan and Pakistan Ambassador Marc Grossman said that United States respects all policies underlined by Pakistan's parliament. "United States values highly the re
The country''s GDP grew by 3.2 per cent against projected target of 4.2 per cent for the current fiscal year and 4 percent claimed by the finance minister following dismal performance by the services sector especially, finance and insurance.
The country's GDP grew by 3.2 per cent against projected target of 4.2 per cent for the current fiscal year and 4 percent claimed by the finance minister following dismal performance by the services sector especially, finance and insurance.
The country's GDP grew by 3.2 per cent against projected target of 4.2 per cent for the current fiscal year and 4 percent claimed by the finance minister following dismal performance by the services sector especially, finance and insurance.
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 Minister Yousuf Raza Gilani does not stand disqualified as one part of the Supreme Court judgement is beyond the scope and charge of contempt case, according to Aitzaz Ahsan, the counsel for Gilani. Addressing a news conference after a special meeti
The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Thursday (April 26, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover fo
Prime Minister Yousuf Raza Gilani does not stand disqualified as one part of the Supreme Court judgement is beyond the scope and charge of contempt case, according to Aitzaz Ahsan, the counsel for Gilani. Addressing a news conference after a special meeti
Pakistan People's Party's senior leadership and coalition partners on Thursday vowed support to Prime Minister Yousaf Raza Gilani, saying they would respond to the new challenges with political maturity and wisdom, in accordance with the Constitution.
Pakistan People's Party's senior leadership and coalition partners on Thursday vowed support to Prime Minister Yousaf Raza Gilani, saying they would respond to the new challenges with political maturity and wisdom, in accordance with the Constitution.
The following are some key facts explaining the background of the case. Gilani was summoned before the Supreme Court on January 19 for failing to take steps to re-open money-laundering proceedings against President Asif Ali Zardari. He was indicted for co
The following are some key facts explaining the background of the case. Gilani was summoned before the Supreme Court on January 19 for failing to take steps to re-open money-laundering proceedings against President Asif Ali Zardari. He was indicted for co
Deliveries of cocoa to warehouses in Brazil slowed in the last week due to problems in the early harvest of the Temporao, or mid-crop, in reaching the terminal market. Next week will be the statistical close of the 2011/12 main crop in the official Brazil
A seven-member special Supreme Court bench on Thursday announced a guilty verdict against Prime Minister Syed Yousuf Raza Gilani in a contempt of court case for his failure to write a letter to Swiss authorities to reopen graft cases against President Asi
A seven-member special Supreme Court bench on Thursday announced a guilty verdict against Prime Minister Syed Yousuf Raza Gilani in a contempt of court case for his failure to write a letter to Swiss authorities to reopen graft cases against President Asi