Bears retained in the driving seat on the Islamabad Stock Exchange (ISE) where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 10.66 points as the ISE Ten Index moved from 3,431.23 to 3,420.57 points. The overall turno
Maintaining eye contact is widely considered a basic component of social interaction. Failing to do so suggests you're shy or rude, or you're suffering from a serious bout of boredom. It also indicates your struggle aimed at trying to hide something. Nawa
Maintaining eye contact is widely considered a basic component of social interaction. Failing to do so suggests you're shy or rude, or you're suffering from a serious bout of boredom. It also indicates your struggle aimed at trying to hide something. Nawa
Pakistan Steel Mills (PSM) CEO Major General Muhammad Javed (Retired) has warned that the ''bleeding'' mill will shut down immediately if an amount of Rs 2 billion is not arranged from Pakistan Industrial Development Corporation (PIDC) as loan for procure
Pakistan Steel Mills (PSM) CEO Major General Muhammad Javed (Retired) has warned that the 'bleeding' mill will shut down immediately if an amount of Rs 2 billion is not arranged from Pakistan Industrial Development Corporation (PIDC) as loan for procureme
Pakistan Steel Mills (PSM) CEO Major General Muhammad Javed (Retired) has warned that the 'bleeding' mill will shut down immediately if an amount of Rs 2 billion is not arranged from Pakistan Industrial Development Corporation (PIDC) as loan for procureme
The provisional revenue collection during April 1-18, 2013 stood at Rs 93.367 billion against Rs 51.053 billion in the corresponding period last fiscal year, showing an increase of Rs 42.314 billion. Sources told Business Recorder here on Tuesday t
The provisional revenue collection during April 1-18, 2013 stood at Rs 93.367 billion against Rs 51.053 billion in the corresponding period last fiscal year, showing an increase of Rs 42.314 billion. Sources told Business Recorder here on Tuesday t
The provisional revenue collection during April 1-18, 2013 stood at Rs 93.367 billion against Rs 51.053 billion in the corresponding period last fiscal year, showing an increase of Rs 42.314 billion. Sources told Business Recorder here on Tuesday t
National Electric Power Regulatory Authority (Nepra) is all set to increase hydroelectric power rates by Rs 1.18 per unit for 2013-14 and Rs 2.20 per unit under the monthly fuel adjustment formula. Water and Power Development Authority (Wapda) has filed t
National Electric Power Regulatory Authority (Nepra) is all set to increase hydroelectric power rates by Rs 1.18 per unit for 2013-14 and Rs 2.20 per unit under the monthly fuel adjustment formula. Water and Power Development Authority (Wapda) has filed t
National Electric Power Regulatory Authority (Nepra) is all set to increase hydroelectric power rates by Rs 1.18 per unit for 2013-14 and Rs 2.20 per unit under the monthly fuel adjustment formula. Water and Power Development Authority (Wapda) has filed t
Advisor to the Prime Minister on Finance, Dr Shahid Amjad Chaudhry, called on Prime Minister Mir Hazar Khan Khoso at the Prime Minister''s House Tuesday. During the meeting, Dr Shahid briefed the Prime Minister on his recent visit to the United States whe
Advisor to the Prime Minister on Finance, Dr Shahid Amjad Chaudhry, called on Prime Minister Mir Hazar Khan Khoso at the Prime Minister's House Tuesday. During the meeting, Dr Shahid briefed the Prime Minister on his recent visit to the United States wher
Advisor to the Prime Minister on Finance, Dr Shahid Amjad Chaudhry, called on Prime Minister Mir Hazar Khan Khoso at the Prime Minister's House Tuesday. During the meeting, Dr Shahid briefed the Prime Minister on his recent visit to the United States wher
The country''s economic team has reached an understanding with the International Monetary Fund for a possible Extended Fund Facility (EFF) programme for the next government to deal with a likely balance of payment problem. This was stated by the Advisor t
The country's economic team has reached an understanding with the International Monetary Fund for a possible Extended Fund Facility (EFF) programme for the next government to deal with a likely balance of payment problem. This was stated by the Advisor to
The country's economic team has reached an understanding with the International Monetary Fund for a possible Extended Fund Facility (EFF) programme for the next government to deal with a likely balance of payment problem. This was stated by the Advisor to
On Tuesday, BRIndex30 opened at 12,114.57 and remained positive throughout the trading session. It touched an intraday high of 12,267.2 and an intraday low of 12146.57 and closed at 1224.12, which was 125.55 points or 1.04 percent higher than previous clo
On Tuesday, BRIndex30 opened at 12,114.57 and remained positive throughout the trading session. It touched an intraday high of 12,267.2 and an intraday low of 12146.57 and closed at 1224.12, which was 125.55 points or 1.04 percent higher than previous clo
Karachi Stock Exchange (KSE) on Tuesday witnessed renewed buying in various sectors on Tuesday due to better results and the benchmark-100 index gained 41.74 points to close at 18,647.29 points against 18,605.55 points Monday. Commenting on the market per
Karachi Stock Exchange (KSE) on Tuesday witnessed renewed buying in various sectors on Tuesday due to better results and the benchmark-100 index gained 41.74 points to close at 18,647.29 points against 18,605.55 points Monday. Commenting on the market per
Karachi Stock Exchange (KSE) on Tuesday witnessed renewed buying in various sectors on Tuesday due to better results and the benchmark-100 index gained 41.74 points to close at 18,647.29 points against 18,605.55 points Monday. Commenting on the market per
The following is the text of speech of Patron-in-Chief, PPP, Bilawal Bhutto Zardari that he read out at a public meeting held at Gojar Khan on Tuesday which was also addressed by the former Prime Minister Raja Pervez Ashraf: The time has brought us at the
The following is the text of speech of Patron-in-Chief, PPP, Bilawal Bhutto Zardari that he read out at a public meeting held at Gojar Khan on Tuesday which was also addressed by the former Prime Minister Raja Pervez Ashraf: The time has brought us at the
The federal government borrowing for budgetary support from scheduled banks posted an increase of Rs 192 billion during the current fiscal year owing to rising current expenditure, higher subsidies and slow foreign inflows. The State Bank of Pakistan on T
The federal government borrowing for budgetary support from scheduled banks posted an increase of Rs 192 billion during the current fiscal year owing to rising current expenditure, higher subsidies and slow foreign inflows. The State Bank of Pakistan on T
The federal government borrowing for budgetary support from scheduled banks posted an increase of Rs 192 billion during the current fiscal year owing to rising current expenditure, higher subsidies and slow foreign inflows. The State Bank of Pakistan on T
The National Accountability Bureau has issued guidelines to the Federal Board of Revenue to check massive sales tax evasion on supply of goods to the government departments, causing revenue loss to the kitty. Sources told Business Recorder here on
The National Accountability Bureau has issued guidelines to the Federal Board of Revenue to check massive sales tax evasion on supply of goods to the government departments, causing revenue loss to the kitty. Sources told Business Recorder here on
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 National Accountability Bureau has issued guidelines to the Federal Board of Revenue to check massive sales tax evasion on supply of goods to the government departments, causing revenue loss to the kitty. Sources told Business Recorder here on
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
The National Accountability Bureau (NAB) has reportedly sought details of Captive Power Plants (CPPs) from the National Transmission and Dispatch Company (NTDC) along with purchased electricity from them, well informed sources told Business Recorder</i
The National Accountability Bureau (NAB) has reportedly sought details of Captive Power Plants (CPPs) from the National Transmission and Dispatch Company (NTDC) along with purchased electricity from them, well informed sources told Business Recorder</i
The National Accountability Bureau (NAB) has reportedly sought details of Captive Power Plants (CPPs) from the National Transmission and Dispatch Company (NTDC) along with purchased electricity from them, well informed sources told Business Recorder</i
The current levels of power cuts - 12 hours in urban and 18 to 20 hours in rural areas - is being made possible through 16,000 tons of furnace oil supplies daily to generation companies, which the caretaker government wants to enhance to 20,000 tons as we
General Motors will launch 17 new or updated models in China this year as it seeks to maintain dominance in the world's largest car market, the US auto giant's China boss said Friday. GM's vehicle sales in China rose an annual 11.3 percent last year to a
The current levels of power cuts - 12 hours in urban and 18 to 20 hours in rural areas - is being made possible through 16,000 tons of furnace oil supplies daily to generation companies, which the caretaker government wants to enhance to 20,000 tons as we
An Indian parliamentary panel on Tuesday urged the scrapping of "illegal" allocations of coal mines between 1993 to 2010 to private firms, creating fresh uncertainty in the key energy sector. The panel's report added fuel to an ongoing row, dubbed "Coalga
The current levels of power cuts - 12 hours in urban and 18 to 20 hours in rural areas - is being made possible through 16,000 tons of furnace oil supplies daily to generation companies, which the caretaker government wants to enhance to 20,000 tons as we
SAP AG's Asian business stumbled at the start of 2013 when top sales managers left the business software company, giving rivals an edge just as customers were switching from hardware to cloud computing. The German company vowed to get its Asia Pacific bus
A suicide bomber blew up his car at a check point near a Shia dominated area here late on Tuesday, killing six people and wounding more than 30, officials said. The attacker had attempted to drive his vehicle into Hazara Town, where a recent surge in sect
SAP AG's Asian business stumbled at the start of 2013 when top sales managers left the business software company, giving rivals an edge just as customers were switching from hardware to cloud computing. The German company vowed to get its Asia Pacific bus
A suicide bomber blew up his car at a check point near a Shia dominated area here late on Tuesday, killing six people and wounding more than 30, officials said. The attacker had attempted to drive his vehicle into Hazara Town, where a recent surge in sect
Switzerland accused the European Union on Monday of being protectionist and fragmenting global markets with new rules that are unfair to countries outside the bloc. The clash highlights the difficulties faced by regulators seeking to make markets safer af
At least two persons were killed on Tuesday in a roadside blast in the North Nazimabad area near an MQM election camp office near People's Chowrangi in the limits of Taimooria police station, prompting Muttahida Qaumi Movement (MQM) to declare that it wou
Switzerland accused the European Union on Monday of being protectionist and fragmenting global markets with new rules that are unfair to countries outside the bloc. The clash highlights the difficulties faced by regulators seeking to make markets safer af
At least two persons were killed on Tuesday in a roadside blast in the North Nazimabad area near an MQM election camp office near People's Chowrangi in the limits of Taimooria police station, prompting Muttahida Qaumi Movement (MQM) to declare that it wou
The Bank of Japan should stick with its expanded quantitative easing to achieve its inflation target, but this may not be enough to foster sustainable economic growth unless it is coupled with structural reforms, the OECD said on Tuesday.
An Anti-Terrorism Court (ATC) on Tuesday ordered the Federal Investigation Agency (FIA) to include former military ruler Pervez Musharraf in Benazir Bhutto murder case. The ATC judge Chaudhry Habib-ur-Rehman sought complete challan from the FIA in Benazir
The Bank of Japan should stick with its expanded quantitative easing to achieve its inflation target, but this may not be enough to foster sustainable economic growth unless it is coupled with structural reforms, the OECD said on Tuesday.
An Anti-Terrorism Court (ATC) on Tuesday ordered the Federal Investigation Agency (FIA) to include former military ruler Pervez Musharraf in Benazir Bhutto murder case. The ATC judge Chaudhry Habib-ur-Rehman sought complete challan from the FIA in Benazir
Cartier watches maker Richemont said full-year profit would beat expectations, easing fears about a sharp slowdown in demand for luxury goods in Asia, the engine of the industry's recent growth. The Swiss group, which also makes Montblanc pens and Van Cle
Cartier watches maker Richemont said full-year profit would beat expectations, easing fears about a sharp slowdown in demand for luxury goods in Asia, the engine of the industry's recent growth. The Swiss group, which also makes Montblanc pens and Van Cle
Chemicals maker DuPont's quarterly profit more than doubled as the worst dry spell in decades encouraged US farmers to buy its drought-hardy seeds and crop-protection products to boost yields. Strong wheat, corn and soybean prices also spurred agricultura
Chemicals maker DuPont's quarterly profit more than doubled as the worst dry spell in decades encouraged US farmers to buy its drought-hardy seeds and crop-protection products to boost yields. Strong wheat, corn and soybean prices also spurred agricultura
Piraeus Bank, one of the four main Greek lenders, on Tuesday said it had mustered the necessary funds to remain private with a 7.3-billion-euro ($9.5 billion) recapitalisation drive. "Given that Piraeus Bank has already agreed on the participation of BCP
Piraeus Bank, one of the four main Greek lenders, on Tuesday said it had mustered the necessary funds to remain private with a 7.3-billion-euro ($9.5 billion) recapitalisation drive. "Given that Piraeus Bank has already agreed on the participation of BCP
Comments by European Central Bank policymakers on Monday stressing falling inflation and poor growth prospects in the eurozone suggest the ECB may be leaning towards a further cut in its main refinancing rate.
Chinese crude oil imports from Iran fell 22 percent in March from February on a daily basis, taking first-quarter imports to about 410,000 barrels per day, or 7 percent below the average rate in 2012, customs data showed. China - along with the other main
Halliburton Co is in talks to settle private claims against it in a trial to determine how to allocate blame for the 2010 Gulf of Mexico spill, the oilfield services company said on Monday, as it took a $1 billion pretax charge for a possible deal. Disclo
Cocoa arrivals at ports in top grower Ivory Coast reached around 1,064,000 tonnes by April 21 since the start of the season in October, exporters estimated on Monday, compared with 1,078,000 tonnes in the same period of the previous season.
Indian sugar futures were steady on Tuesday as lower-level buying offset surplus supplies and a drop in overseas prices. The key June contract on India's National Commodity and Derivatives Exchange was down 0.07 percent at 2,994 rupees ($55.26) per 100 kg
Cash bids for hard red winter wheat held mostly steady in the southern US Plains on Tuesday, supported by an absence of country selling as producers awaited a better sense of crop prospects, dealers said. The Gulf track basis firmed by 2 cents, to $1.30 o
ICE Canadian canola futures fell on Monday due to downward pressure on the US soybean market, traders said. The market was also retreating from a rally that pushed prices up 4.7 percent during the last two weeks. May canola dropped $3.00 to $647 per tonne
Global soyameal supplies are likely to remain tight up to May and possibly even June because of a slow start to exports of South America's new soyabean crop this year, Hamburg-based oilseeds analysts Oil World said on Tuesday. Consumers of soyameal, a maj