The Pakistan Mercantile Exchange (PMEX) spokesperson Raeda Latif has objected to the statements of the Lahore Stock Exchange (LSE) Managing Director regarding PMEX in his press conference, reported in Business Recorder on Saturday 8th September. Th
Federal Board of Revenue has unearthed a tax fraud of Rs 34.708 million. The Regional Tax Office, Karachi (RTO) in pursuance of the approval granted by the board has conducted investigative inquiry of M/s S.G. along with its suppliers and buyers for misus
TUSDEC (Technology Upgradation and Skill Development Company) launched a course of Fashion Designing in collaboration with First Women Bank Limited. The course has come about as the implementation of GEP (Gender Equity Programme) funded by USAID, says a s
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 24.38 points as the ISE Ten Index moved from 3062.6 t
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 24.38 points as the ISE Ten Index moved from 3062.6 t
Equities on Wednesday moved both ways on the Lahore Stock Exchange and finally settled in positive zone amid marginally decreased trading turnover, as investors remained on the sideline due to volatile situation. However, the LSE-25 index lost 36.41 point
Equities on Wednesday moved both ways on the Lahore Stock Exchange and finally settled in positive zone amid marginally decreased trading turnover, as investors remained on the sideline due to volatile situation. However, the LSE-25 index lost 36.41 point
On Wednesday, BRIndex30 opened at 10,586.29. It touched an intraday high of 10,678.25 and an intraday low of 10,585.96 and closed at 10,649.82 which was 63.53 points or 0.6 percent higher than previous close. Total volume was 107,180,300, which was 60.78
On Wednesday, BRIndex30 opened at 10,586.29. It touched an intraday high of 10,678.25 and an intraday low of 10,585.96 and closed at 10,649.82 which was 63.53 points or 0.6 percent higher than previous close. Total volume was 107,180,300, which was 60.78
The Karachi share market on Wednesday witnessed a positive trend on the back of investors'' interest on attractive low levels and the benchmark KSE-100 index gained 64.46 points to close at 15,278.48 points. The market opened on strong positive note and t
The Karachi share market on Wednesday witnessed a positive trend on the back of investors' interest on attractive low levels and the benchmark KSE-100 index gained 64.46 points to close at 15,278.48 points. The market opened on strong positive note and th
The Karachi share market on Wednesday witnessed a positive trend on the back of investors' interest on attractive low levels and the benchmark KSE-100 index gained 64.46 points to close at 15,278.48 points. The market opened on strong positive note and th
US Treasury Secretary Timothy Geithner will travel next month to India for annual bilateral economic talks and to Japan for IMF-World Bank meetings, the Treasury Department said Wednesday. Geithner will begin a two-day visit to India in Delhi on October 9
US Treasury Secretary Timothy Geithner will travel next month to India for annual bilateral economic talks and to Japan for IMF-World Bank meetings, the Treasury Department said Wednesday. Geithner will begin a two-day visit to India in Delhi on October 9
The Federal Board of Revenue (FBR) here on Wednesday issued Capital Gain Taxation (CGT) rules on securities'' trading incorporating all amendments proposed by the Securities and Exchange Commission of Pakistan (SECP) to facilitate investors of stock excha
The Federal Board of Revenue (FBR) here on Wednesday issued Capital Gain Taxation (CGT) rules on securities' trading incorporating all amendments proposed by the Securities and Exchange Commission of Pakistan (SECP) to facilitate investors of stock exchan
The Federal Board of Revenue (FBR) here on Wednesday issued Capital Gain Taxation (CGT) rules on securities' trading incorporating all amendments proposed by the Securities and Exchange Commission of Pakistan (SECP) to facilitate investors of stock exchan
Supreme Court (SC) on Wednesday granted pre-arrest bail to Federal Minister for Textile Industry Makhdoom Shahabuddin in ephedrine quota case till September 25. Invoking the appellant jurisdiction of the Supreme Court on Monday, Sardar Ishaq, the counsel
Supreme Court (SC) on Wednesday granted pre-arrest bail to Federal Minister for Textile Industry Makhdoom Shahabuddin in ephedrine quota case till September 25. Invoking the appellant jurisdiction of the Supreme Court on Monday, Sardar Ishaq, the counsel
The US ambassador to Libya and three embassy staff were killed as they rushed away from a consulate building in Benghazi, stormed by al Qaeda-linked gunmen blaming America for a film that they said insulted the Prophet Mohammad (PBUH). Gunmen had attacked
The US ambassador to Libya and three embassy staff were killed as they rushed away from a consulate building in Benghazi, stormed by al Qaeda-linked gunmen blaming America for a film that they said insulted the Prophet Mohammad (PBUH). Gunmen had attacked
Germany''''s Constitutional Court gave a green light on Wednesday for the country to ratify Europe''''s new bailout fund, boosting hopes that the single currency bloc is finally putting in place the tools to resolve its three-year old debt crisis.
Germany''s Constitutional Court gave a green light on Wednesday for the country to ratify Europe''s new bailout fund, boosting hopes that the single currency bloc is finally putting in place the tools to resolve its three-year old debt crisis.
Germany's Constitutional Court gave a green light on Wednesday for the country to ratify Europe's new bailout fund, boosting hopes that the single currency bloc is finally putting in place the tools to resolve its three-year old debt crisis.
Germany's Constitutional Court gave a green light on Wednesday for the country to ratify Europe's new bailout fund, boosting hopes that the single currency bloc is finally putting in place the tools to resolve its three-year old debt crisis.
The death toll from a garment factory at Karachi's Hub River Road rose to 289, many of whom perished because they were unable to escape building that lacked emergency exits and basic safety equipment such as alarms and sprinklers. The horrific toll highli
The death toll from a garment factory at Karachi's Hub River Road rose to 289, many of whom perished because they were unable to escape building that lacked emergency exits and basic safety equipment such as alarms and sprinklers. The horrific toll highli
Members of Libya's 200-strong national assembly on Wednesday elected technocrat Mustafa Abu Shagur as the country's new prime minister in a close vote. Shagur, previously deputy prime minister, won 96 votes, beating the liberal candidate Mahmud Jibril by
Members of Libya's 200-strong national assembly on Wednesday elected technocrat Mustafa Abu Shagur as the country's new prime minister in a close vote. Shagur, previously deputy prime minister, won 96 votes, beating the liberal candidate Mahmud Jibril by
Pakistan on Wednesday strongly condemned the airing of a defamatory movie in the US. Foreign Office spokesman Moazzam Ahmad Khan, in response to the blasphemous movie by an Israeli-American, said that such abominable actions, synchronised with commemorati
Foreign Minister Hina Rabbani Khar on Wednesday categorically dispelled the impression that the United Nations (UN) working group on human rights was visiting Pakistan to probe human rights violations, saying that it would evaluate the measures taken by t
Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (September 12, 2012).
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (September 12, 2012).
Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (September 12, 2012).
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
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Tea prices in Bangladesh inched down at a weekly auction on Tuesday on an improvement in supplies, though strong demand limited the drop, brokers said. The average price of Bangladeshi tea was 211.16 taka ($2.6) a kg against 211.27 taka per kg at the prev
Indian sugar futures eased for a second session on Wednesday as improved rains in cane growing areas buoyed the crop's prospects amid lacklustre demand in the spot markets, though traders expect prices to recover soon on account of festivals. "Demand is s
Vietnam's coffee sales could slow next month at the start of the new harvest due to thin supply, partly because many exporters have struggled to secure loans, while farmers were under little pressure to sell thanks to strong prices since 2011, traders sai
Strong global demand for US soyabeans will keep soyabean prices firm in the coming months despite the recent fall from early September's record highs, Hamburg-based oilseeds analysts Oil World said on Tuesday. Global importers will have little choice but
France, the European Union's largest wheat producer and exporter, should ship 9 million tonnes of soft wheat outside the EU this season, up from 8.4 million tonnes in 2011/12, farm office FranceAgriMer forecast on Wednesday. In its first official supply/d
The Karachi Port handled 122,097 tonnes of cargo comprising 81,303 tonnes of import cargo and 40,794 tonnes of export cargo including 3,453 loaded & empty containers during the last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 81,3
Both the contracts were unchanged on the forward cottonseeds oilcake market on Wednesday in process of trading, dealers said. The December vaida closed at Rs 446.70 and ended and ended at the same rate, they said. The January contract ended at Rs 896.60,
As a result of tight supply because of continued rains in the country prices went up on the cotton market on Wednesday, dealers said. Official spot rate was unchanged at Rs 5650, they said. In the ready business, over 4000 bales of cotton changed hands be
Spot basis bids for hard red winter wheat in the US Plains were flat on Wednesday as farmers focused on planting preparation and in some areas seeding was getting under way. Soil moisture levels were a concern in many key growing areas of the Plains after
Modest trading was seen on the wholesale grain market on Wednesday as most of the participants were on the sidelines mainly because of rains in the city, dealers said.
Mines in the Indian state of Goa were ordered on Tuesday to close temporarily after a government-backed inquiry estimated illegal trade in iron ore had cost more than $6.0 billion in five years. The state Mines and Geology department directed all mines to
Kingfisher, Europe's biggest DIY retailer, said trading conditions were likely to worsen in France, its most profitable market, as it reported first-half group profit missed forecasts, hit by poor weather and a strong pound. Kingfisher, which runs the mar
Kingfisher, Europe's biggest DIY retailer, said trading conditions were likely to worsen in France, its most profitable market, as it reported first-half group profit missed forecasts, hit by poor weather and a strong pound. Kingfisher, which runs the mar