Mixed sentiments prevailed on the Lahore Stock Exchange on Tuesday and the equities moved both ways and finally settled in negative zone amid marginally improved trading turnover. The LSE-26 index lost 9.64 points and was closed at 3427.84 against 3437.48
Mixed sentiments prevailed on the Lahore Stock Exchange on Tuesday and the equities moved both ways and finally settled in negative zone amid marginally improved trading turnover. The LSE-26 index lost 9.64 points and was closed at 3427.84 against 3437.48
The Federal Board of Revenue would be able to amass revenue in the range of Rs 1,850 billion and Rs 1,900 billion, taking into account current economic situation including power and gas load shedding having direct impact on business and trade. Sources tol
The Federal Board of Revenue would be able to amass revenue in the range of Rs 1,850 billion and Rs 1,900 billion, taking into account current economic situation including power and gas load shedding having direct impact on business and trade. Sources tol
The Federal Board of Revenue would be able to amass revenue in the range of Rs 1,850 billion and Rs 1,900 billion, taking into account current economic situation including power and gas load shedding having direct impact on business and trade. Sources tol
The State Bank of Pakistan (SBP), is to be given powers to impose financial penalty up to one million rupees on banks and foreign exchange companies on violation of Foreign Exchange Regulation Act, well informed sources told Business Recorder. The
The State Bank of Pakistan (SBP), is to be given powers to impose financial penalty up to one million rupees on banks and foreign exchange companies on violation of Foreign Exchange Regulation Act, well informed sources told Business Recorder. The
The State Bank of Pakistan (SBP), is to be given powers to impose financial penalty up to one million rupees on banks and foreign exchange companies on violation of Foreign Exchange Regulation Act, well informed sources told Business Recorder. The
Despite a brazen attack on Business Recorder House on Monday evening resulting in gunshot injuries to two persons, the authorities were still unable on Tuesday to constitute a high-level team to investigate the matter.
Despite a brazen attack on Business Recorder House on Monday evening resulting in gunshot injuries to two persons, the authorities were still unable on Tuesday to constitute a high-level team to investigate the matter.
Prime Minister, Raja Pervaiz Ashraf has appointed Secretary Commerce, Zafar Mahmood as Secretary Water and Power on the recommendations of Minister for Water and Power, Ahmad Mukhtar. On Monday, Ahmad Mukhtar told Business Recorder that the process
Prime Minister, Raja Pervaiz Ashraf has appointed Secretary Commerce, Zafar Mahmood as Secretary Water and Power on the recommendations of Minister for Water and Power, Ahmad Mukhtar. On Monday, Ahmad Mukhtar told Business Recorder that the process
Prime Minister, Raja Pervaiz Ashraf has appointed Secretary Commerce, Zafar Mahmood as Secretary Water and Power on the recommendations of Minister for Water and Power, Ahmad Mukhtar. On Monday, Ahmad Mukhtar told Business Recorder that the process
The government has directed Ministries of Finance and Water and Power to recover outstanding electricity dues from all the federal and provincial governments, departments and private sector. The Ministry of Finance has been directed to consider deducting
The government has directed Ministries of Finance and Water and Power to recover outstanding electricity dues from all the federal and provincial governments, departments and private sector. The Ministry of Finance has been directed to consider deducting
The government has directed Ministries of Finance and Water and Power to recover outstanding electricity dues from all the federal and provincial governments, departments and private sector. The Ministry of Finance has been directed to consider deducting
On Tuesday, BRIndex30 opened at 9,834.68. It touched an intraday high of 9,888.46 and an intraday low of 9,798.34 and closed at 9,802.86 which was -31.82 points or -0.32 percent lower than previous close. Total volume was 36,612,862, which was 63.14 perce
On Tuesday, BRIndex30 opened at 9,834.68. It touched an intraday high of 9,888.46 and an intraday low of 9,798.34 and closed at 9,802.86 which was -31.82 points or -0.32 percent lower than previous close. Total volume was 36,612,862, which was 63.14 perce
The Karachi share market on Tuesday witnessed a mixed trend with the benchmark KSE-100 index oscillating between 13,707.21 points intra-day high and 13,587.97 points intra-day low levels. The index finally closed at the level of 13,656.04 points with a mo
The Karachi share market on Tuesday witnessed a mixed trend with the benchmark KSE-100 index oscillating between 13,707.21 points intra-day high and 13,587.97 points intra-day low levels. The index finally closed at the level of 13,656.04 points with a mo
The Karachi share market on Tuesday witnessed a mixed trend with the benchmark KSE-100 index oscillating between 13,707.21 points intra-day high and 13,587.97 points intra-day low levels. The index finally closed at the level of 13,656.04 points with a mo
Sindh Revenue Board has asked service providers to pay Sindh Sales Tax on services before June 30, 2012. According to an announcement, Sindh Revenue Board (SRB) extended the amnesty to exempt whole of the amount of penalty and default surcharge payable by
Sindh Revenue Board has asked service providers to pay Sindh Sales Tax on services before June 30, 2012. According to an announcement, Sindh Revenue Board (SRB) extended the amnesty to exempt whole of the amount of penalty and default surcharge payable by
Sindh Revenue Board has asked service providers to pay Sindh Sales Tax on services before June 30, 2012. According to an announcement, Sindh Revenue Board (SRB) extended the amnesty to exempt whole of the amount of penalty and default surcharge payable by
The country''s services sector trade continues to deteriorate and witnessed a deficit of $2.6 billion, up by 67 percent, during the first eleven months of current fiscal year as compared to the same period of last fiscal year. The State Bank of Pakistan r
The country's services sector trade continues to deteriorate and witnessed a deficit of $2.6 billion, up by 67 percent, during the first eleven months of current fiscal year as compared to the same period of last fiscal year. The State Bank of Pakistan re
The country's services sector trade continues to deteriorate and witnessed a deficit of $2.6 billion, up by 67 percent, during the first eleven months of current fiscal year as compared to the same period of last fiscal year. The State Bank of Pakistan re
The government is likely to miss 5.5 percent revised fiscal deficit target for the current fiscal year due to higher than budgeted subsidies to the power sector in the current fiscal year, it is learnt. Sources told Business Recorder that the budge
The government is likely to miss 5.5 percent revised fiscal deficit target for the current fiscal year due to higher than budgeted subsidies to the power sector in the current fiscal year, it is learnt. Sources told Business Recorder that the budge
The government is likely to miss 5.5 percent revised fiscal deficit target for the current fiscal year due to higher than budgeted subsidies to the power sector in the current fiscal year, it is learnt. Sources told Business Recorder that the budge
The government is likely to miss 5.5 percent revised fiscal deficit target for the current fiscal year due to higher than budgeted subsidies to the power sector in the current fiscal year, it is learnt. Sources told Business Recorder that the budge
An application filed in Supreme Court Tuesday pleaded the court to direct newly-appointed Prime Minister Raja Pervaiz Ashraf to write a letter to Swiss authorities to reopen graft cases against President Asif Ali Zardari. The petitioner also urged the cou
An application filed in Supreme Court Tuesday pleaded the court to direct newly-appointed Prime Minister Raja Pervaiz Ashraf to write a letter to Swiss authorities to reopen graft cases against President Asif Ali Zardari. The petitioner also urged the cou
The presidential ordinance issued to grant indemnity to all actions taken by former prime minister Syed Yousuf Raza Gilani between April 26 2012 and June 19 has been challenged in Supreme Court. It was apparently an unchallengeable presidential ordinance
The presidential ordinance issued to grant indemnity to all actions taken by former prime minister Syed Yousuf Raza Gilani between April 26 2012 and June 19 has been challenged in Supreme Court. It was apparently an unchallengeable presidential ordinance
The commander of Nato forces in Afghanistan, US General John Allen, is likely to visit Pakistan on June 27 to review border co-ordination measures with Pakistan army chief General Ashfaq Kayani, Pakistan's military said in a statement on Monday. Islamabad
The commander of Nato forces in Afghanistan, US General John Allen, is likely to visit Pakistan on June 27 to review border co-ordination measures with Pakistan army chief General Ashfaq Kayani, Pakistan's military said in a statement on Monday. Islamabad
The third round of the Pakistan-UK National Security Dialogue (NSD) was held here on Tuesday and discussed counterterrorism, regional security and issues of mutual interest including Afghanistan. Foreign Minister Hina Rabbani Khar led the Pakistan delegat
The third round of the Pakistan-UK National Security Dialogue (NSD) was held here on Tuesday and discussed counterterrorism, regional security and issues of mutual interest including Afghanistan. Foreign Minister Hina Rabbani Khar led the Pakistan delegat
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 Tuesday (June 26, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover for
Fauji Fertiliser Company Limited (FFCL), the largest fertiliser manufacturing and marketing company in Pakistan was incorporated in 1978. The company owns three urea plants with an annual production capacity of about 2.4 million tons. FFCL is the sole ent
Forage harvesting lays the foundation for a successful subsequent harvest. The aim of any farmer is to create maximum quality at minimum cost. By using the latest powerful technologies, CLAAS can guarantee timely, effective and loss-free harvesting.
Ajaz Ali Khan joined the Civil Service of Pakistan (District Management Group) after passing the competitive superior services (CSS) exam in the year 1984. He has served in various capacities from sub-division and district level assignments where policy e
BR Research: The contribution of the country's agriculture sector is relatively low at 20 percent even though the sector employs more than half of the total work force. What are the limiting factors in this regard?
The eurozone's permanent bailout scheme, the European Stability Mechanism, could be used to backstop a fund to protect bank deposits or wind up failing lenders, according to a document prepared for European leaders meeting this week.
Stockton, California was poised on Tuesday to take a major step toward becoming the largest US city ever to file for bankruptcy after talks with its creditors on Monday at midnight. Negotiations aimed at averting bankruptcy may press on informally, the ci
The head of Morgan Stanley's German unit has offered to step down following an uproar over emails he reportedly exchanged with a regional politician, and the bank has not yet decided whether to accept his resignation, according to two people familiar with
Tea prices in Bangladesh fell at a weekly auction on Tuesday after rising more than 15 percent in the previous five sessions, as higher supplies offset the demand from buyers. The average price of Bangladeshi tea was 212.86 taka ($2.6) a kg against 227.66
Wet weather in centre-south Brazil this month will boost sugar production in 2012/13 and mean that the harvest will go on longer than initially expected, a leading sugar analyst said on Monday. The rain has delayed harvesting and led to a big line-up of v
Rains in China's major corn and cotton producing provinces this week will give much needed relief to drought-stricken fields, although some areas risk being hit by floods, the country's weather bureau said. Drought concerns in China, the world's second-la
China is likely to import 57.9 million tonnes of soyabeans in the October 2011/September 2012 season, up 5.6 million tonnes on the year as its demand for oilseeds continues to grow, Hamburg-based oilseeds analysts Oil World forecast on Tuesday.
Abundant rains last week in Ivory Coast benefited cocoa crops in western regions in the last stage of the mid crop but triggered concerns in eastern regions about black pod disease, farmers and analysts said on Monday. A five-month drought from November t
The Middle East has bought around 200,000 tonnes of new-crop Indian wheat and more deals are likely, as a rally in global prices and the weakening currency of the South Asian nation make exports competitive, grains traders said on Tuesday.