The government has provided Rs 119 billion subsidy to the power sector during the first three and half months of the current fiscal year against the total budgetary allocation of Rs 134 billion for the entire fiscal year, a senior Finance Ministry officia
The government has provided Rs 119 billion subsidy to the power sector during the first three and half months of the current fiscal year against the total budgetary allocation of Rs 134 billion for the entire fiscal year, a senior Finance Ministry officia
The government has provided Rs 119 billion subsidy to the power sector during the first three and half months of the current fiscal year against the total budgetary allocation of Rs 134 billion for the entire fiscal year, a senior Finance Ministry officia
Malala Yousuf-zai shot in the head by the Taliban was in a stable condition in a British hospital on Wednesday as well-wishers from around the world left her messages of support. Doctors said Malala Yousufzai spent a second comfortable night at the highly
Malala Yousuf-zai shot in the head by the Taliban was in a stable condition in a British hospital on Wednesday as well-wishers from around the world left her messages of support. Doctors said Malala Yousufzai spent a second comfortable night at the highly
Following 50bps reduction in key policy rate, the cut-off yields of Market Treasury Bills (T-bills) was further slashed on Wednesday. The State Bank of Pakistan auctioned T-bills on Wednesday and in response of its tender, it received cumulative bids wort
Following 50bps reduction in key policy rate, the cut-off yields of Market Treasury Bills (T-bills) was further slashed on Wednesday. The State Bank of Pakistan auctioned T-bills on Wednesday and in response of its tender, it received cumulative bids wort
Following 50bps reduction in key policy rate, the cut-off yields of Market Treasury Bills (T-bills) was further slashed on Wednesday. The State Bank of Pakistan auctioned T-bills on Wednesday and in response of its tender, it received cumulative bids wort
Following 50bps reduction in key policy rate, the cut-off yields of Market Treasury Bills (T-bills) was further slashed on Wednesday. The State Bank of Pakistan auctioned T-bills on Wednesday and in response of its tender, it received cumulative bids wort
On Wednesday, BRIndex30 opened at 10,500.58. It touched an intraday high of 10,533.57 and an intraday low of 10,461.77 and closed at 10,493.90 which was -6.68 points or -0.06 percent lower than previous close. Total volume was 48,099,100, which was 52.71
On Wednesday, BRIndex30 opened at 10,500.58. It touched an intraday high of 10,533.57 and an intraday low of 10,461.77 and closed at 10,493.90 which was -6.68 points or -0.06 percent lower than previous close. Total volume was 48,099,100, which was 52.71
The Karachi share market on Wednesday witnessed a mixed trend with the KSE-100 oscillating between 15,697.67 points intra-day high and 15,624.47 points intra-day low level. The index finally closed at the level of 15,654.62 points, down 19.68 points. Trad
The Karachi share market on Wednesday witnessed a mixed trend with the KSE-100 oscillating between 15,697.67 points intra-day high and 15,624.47 points intra-day low level. The index finally closed at the level of 15,654.62 points, down 19.68 points. Trad
The Karachi share market on Wednesday witnessed a mixed trend with the KSE-100 oscillating between 15,697.67 points intra-day high and 15,624.47 points intra-day low level. The index finally closed at the level of 15,654.62 points, down 19.68 points. Trad
Pakistan has decided to allow import of all goods other than those included in negative list from India through Wagha land route, officials told Business Recorder on Wednesday. The sources said that the decision to open up Wagha-Attari route for al
Pakistan has decided to allow import of all goods other than those included in negative list from India through Wagha land route, officials told Business Recorder on Wednesday. The sources said that the decision to open up Wagha-Attari route for al
Pakistan has decided to allow import of all goods other than those included in negative list from India through Wagha land route, officials told Business Recorder on Wednesday. The sources said that the decision to open up Wagha-Attari route for al
The Zilhij moon has been sighted and Eid-ul-Azha would be celebrated on October 27. An announcement to this effect was made at a meeting of the Central Ruet-i-Hilal Committee held here on Wednesday. The Chairman of the committee, Mufti Munib ur Rehman, pr
The Zilhij moon has been sighted and Eid-ul-Azha would be celebrated on October 27. An announcement to this effect was made at a meeting of the Central Ruet-i-Hilal Committee held here on Wednesday. The Chairman of the committee, Mufti Munib ur Rehman, pr
Bank of America Corp eked out a third-quarter profit even after taking $1.6 billion of litigation charges, as the second-largest US bank set aside less money to cover bad loans. The bank posted a big jump in bond trading revenue, excluding accounting adju
Bank of America Corp eked out a third-quarter profit even after taking $1.6 billion of litigation charges, as the second-largest US bank set aside less money to cover bad loans. The bank posted a big jump in bond trading revenue, excluding accounting adju
Bank of America Corp eked out a third-quarter profit even after taking $1.6 billion of litigation charges, as the second-largest US bank set aside less money to cover bad loans. The bank posted a big jump in bond trading revenue, excluding accounting adju
Bank of America Corp eked out a third-quarter profit even after taking $1.6 billion of litigation charges, as the second-largest US bank set aside less money to cover bad loans. The bank posted a big jump in bond trading revenue, excluding accounting adju
President Asif Ali Zardari and Li Changchun, Member of the Standing Committee of the Political Bureau of Communist Party of China Central Committee, (CPCCC), on Wednesday witnessed signing of a bilateral agreement in the area of economic and technical fie
President Asif Ali Zardari and Li Changchun, Member of the Standing Committee of the Political Bureau of Communist Party of China Central Committee, (CPCCC), on Wednesday witnessed signing of a bilateral agreement in the area of economic and technical fie
President Asif Ali Zardari and Li Changchun, Member of the Standing Committee of the Political Bureau of Communist Party of China Central Committee, (CPCCC), on Wednesday witnessed signing of a bilateral agreement in the area of economic and technical fie
Presi-dent Barack Obama swung straight back onto the campaign trail Wednesday after out-manoeuvring his White House rival Mitt Romney in a comeback debate and re-energising his faltering re-election bid. Most observers, backed by anecdotal instant polls,
Presi-dent Barack Obama swung straight back onto the campaign trail Wednesday after out-manoeuvring his White House rival Mitt Romney in a comeback debate and re-energising his faltering re-election bid. Most observers, backed by anecdotal instant polls,
Australian Prime Minister Julia Gillard on Wednesday agreed to open negotiations to export uranium nuclear fuel to energy-hungry India after meeting her counterpart Manmohan Singh in New Delhi. The deal, which will provide a boost for India's 'civilian' n
Australian Prime Minister Julia Gillard on Wednesday agreed to open negotiations to export uranium nuclear fuel to energy-hungry India after meeting her counterpart Manmohan Singh in New Delhi. The deal, which will provide a boost for India's 'civilian' n
Lahore High Court Chief Justice observed here on Wednesday that federal government ought to play its role towards the construction of Kalabagh Dam (KBD). As the proceedings resumed on the petitions, the court was informed that the federal government had n
Lahore High Court Chief Justice observed here on Wednesday that federal government ought to play its role towards the construction of Kalabagh Dam (KBD). As the proceedings resumed on the petitions, the court was informed that the federal government had n
Lahore High Court Chief Justice observed here on Wednesday that federal government ought to play its role towards the construction of Kalabagh Dam (KBD). As the proceedings resumed on the petitions, the court was informed that the federal government had n
The federal government has accused the Asian Development Bank (ADB) of causing $2 billion (Rs 190 billion) loss to Pakistan in four years because of its dilly dallying on 4,500-megawatt Diamer-Bhasha dam, sources close to Chairman Wapda told Business R
The federal government has accused the Asian Development Bank (ADB) of causing $2 billion (Rs 190 billion) loss to Pakistan in four years because of its dilly dallying on 4,500-megawatt Diamer-Bhasha dam, sources close to Chairman Wapda told Business R
The federal government has accused the Asian Development Bank (ADB) of causing $2 billion (Rs 190 billion) loss to Pakistan in four years because of its dilly dallying on 4,500-megawatt Diamer-Bhasha dam, sources close to Chairman Wapda told Business R
Hearing Air Marshal Asghar Khan's petition, Supreme Court on Wednesday issued directives to Ministry of Defence to submit details of Rs 80 million deposited in the account of Inter Services Intelligence (ISI). A three-judge bench of the Chief Justice Ifti
Hearing Air Marshal Asghar Khan's petition, Supreme Court on Wednesday issued directives to Ministry of Defence to submit details of Rs 80 million deposited in the account of Inter Services Intelligence (ISI). A three-judge bench of the Chief Justice Ifti
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (October 17, 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
Spot basis bids for hard red winter wheat in the US Plains were steady to mixed on Tuesday. An Oklahoma merchant firmed the basis a dime a bushel but a Kansas location was 3 cents weaker amid spotty demand. Farmers remained focused on the planting and con
Indian sugar futures were steady on Wednesday as the government's pressure on mills to sell the entire allocated quota for October and November negated a likely rise in demand ahead of festivals. The government has allowed millers to sell 4 million tonnes
Indian soyabean futures slipped on Wednesday on rising supplies from the new season crop and a strong rupee, while rapeseed eased due to an expected rise in production after the top producing Rajasthan state received higher-than-normal rainfall. Soyaoil w
Grain traders are speeding up shipments of Ukrainian wheat to take advantage of high global prices and because they fear export curbs are just around the corner, analysts said on Wednesday. Ukraine, whose wheat harvest this year was down by a third becaus
The Karachi Port handled 30,633 tonnes of cargo comprising 24,525 tonnes of import cargo and 6,108 tonnes of export cargo including 366 loaded & empty containers during the last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 24,525 t
Futures moved both ways on the forward cottonseeds oilcake market on Wednesday in process of trading, dealers said. The December vaida closed at Rs 445.80 but it opened with a decline of 20 paisa at Rs 445.60, they said. The January contract ended at Rs 8
Phutti prices maintained upward march on the cotton market on Wednesday owing to strong demand by mills and spinners amid tight supply, experts said. Official spot rate was higher by Rs 100 to Rs 5,650, they said. In the ready business, approximately, 22,
Soyabean export premiums at the US Gulf Coast were mostly steady to weaker on Tuesday on a lull in demand as many global buyers were delaying large purchases until prices stabilise from the recent slide, traders said. New demand from top importer China wa
Bears dominated wholesale grain market on Wednesday amid lean business, dealers said. On the cereals side, Juwar inferior type was unchanged, while, the best type lost Rs 50 to Rs 2250, other items did not show any change in the process of trading, they s