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
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
Defence Minister Khawaja Asif has said that Saudi Arabia has sought fighter jets, ground troops and navy vessels to join coalition forces in their operation against Houthi rebels in Yemen. While giving policy statement on Yemeni situation on the floor of
Defence Minister Khawaja Asif has said that Saudi Arabia has sought fighter jets, ground troops and navy vessels to join coalition forces in their operation against Houthi rebels in Yemen. While giving policy statement on Yemeni situation on the floor of
A joint sitting of the parliament convened to discuss the Yemen situation Monday turned out to be a common front against Pakistan Tehreek-e-Insaf (PTI) when lawmakers of ruling PML-N, JUI-F and the opposition MQM, ANP gave a hostile response to PTI legisl
A joint sitting of the parliament convened to discuss the Yemen situation Monday turned out to be a common front against Pakistan Tehreek-e-Insaf (PTI) when lawmakers of ruling PML-N, JUI-F and the opposition MQM, ANP gave a hostile response to PTI legisl
All opposition parties and the JUI-F, a government ally, urged the PML-N government on Monday to clarify its position on the Yemen crisis, as to what it has committed with Saudi authorities and what are the government's policies and priorities regarding t
All opposition parties and the JUI-F, a government ally, urged the PML-N government on Monday to clarify its position on the Yemen crisis, as to what it has committed with Saudi authorities and what are the government's policies and priorities regarding t
Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Monday severely criticised his detractors after they shouted slogans against his party members for returning to parliament. Talking to media persons outside parliament house, Imran said he still stands
Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Monday severely criticised his detractors after they shouted slogans against his party members for returning to parliament. Talking to media persons outside parliament house, Imran said he still stands
The government has reportedly notified new Power Policy 2015 after formal approval of the Inter-Provincial Co-ordination Committee (IPCC), offering substantial fiscal incentives to investors and companies that will be completely exempted from the payment
The government has reportedly notified new Power Policy 2015 after formal approval of the Inter-Provincial Co-ordination Committee (IPCC), offering substantial fiscal incentives to investors and companies that will be completely exempted from the payment
The government has reportedly notified new Power Policy 2015 after formal approval of the Inter-Provincial Co-ordination Committee (IPCC), offering substantial fiscal incentives to investors and companies that will be completely exempted from the payment
Sindh made its consent to the power policy conditional, asking the centre to first resolve all long-running issues with the province, Sindh Finance Minister, Syed Murad Ali Shah told the Sindh Assembly on Monday.
Sindh made its consent to the power policy conditional, asking the centre to first resolve all long-running issues with the province, Sindh Finance Minister, Syed Murad Ali Shah told the Sindh Assembly on Monday.
Sindh made its consent to the power policy conditional, asking the centre to first resolve all long-running issues with the province, Sindh Finance Minister, Syed Murad Ali Shah told the Sindh Assembly on Monday.
The Karachi share market opened the week on a bullish note reaching 31,752.17 points under the lead of fertilizer, cement and telecom sectors. On Monday, the first trading session saw the benchmark index adding 338.21 points or 1.08 percent to 31,413.96 p
The Karachi share market opened the week on a bullish note reaching 31,752.17 points under the lead of fertilizer, cement and telecom sectors. On Monday, the first trading session saw the benchmark index adding 338.21 points or 1.08 percent to 31,413.96 p
The Karachi share market opened the week on a bullish note reaching 31,752.17 points under the lead of fertilizer, cement and telecom sectors. On Monday, the first trading session saw the benchmark index adding 338.21 points or 1.08 percent to 31,413.96 p
The hearing of the Benazir Bhutto murder case was adjourned till April 13, due to non-appointment of new judge for the Rawalpindi Anti-Terrorism Court (ATC). The hearing was called off once again on Monday as ATC Judge Pervaiz Ismail Joiya was transferred
The sales of Oil Marketing Companies (OMCs) accumulated to 13.5 million tons during 9MFY15. This depicts a growth of 3.15 percent year-on-year (YoY) when compared with 13.1 million tons the OMCs achieved during the corresponding period of last year. The s
The sales of Oil Marketing Companies (OMCs) accumulated to 13.5 million tons during 9MFY15. This depicts a growth of 3.15 percent year-on-year (YoY) when compared with 13.1 million tons the OMCs achieved during the corresponding period of last year. The s
The sales of Oil Marketing Companies (OMCs) accumulated to 13.5 million tons during 9MFY15. This depicts a growth of 3.15 percent year-on-year (YoY) when compared with 13.1 million tons the OMCs achieved during the corresponding period of last year. The s
The Supreme Court Monday summoned Chairman National Accountability Bureau (NAB) Qamar Zaman Chaudhry to provide the reasons behind non-implementation of court'a directives, as the anti-graft body has failed to submit a comprehensive report on current stat
The Supreme Court Monday summoned Chairman National Accountability Bureau (NAB) Qamar Zaman Chaudhry to provide the reasons behind non-implementation of court'a directives, as the anti-graft body has failed to submit a comprehensive report on current stat
A proposal is being discussed by the budget makers to amend recovery rules in upcoming budget (2015-16) for inclusion of all tax defaulters' names on Exit Control List (ECL) to prevent escape of big fish. Sources said on Monday that the Federal Board of R
A proposal is being discussed by the budget makers to amend recovery rules in upcoming budget (2015-16) for inclusion of all tax defaulters' names on Exit Control List (ECL) to prevent escape of big fish. Sources said on Monday that the Federal Board of R
A proposal is being discussed by the budget makers to amend recovery rules in upcoming budget (2015-16) for inclusion of all tax defaulters'' names on Exit Control List (ECL) to prevent escape of big fish. Sources said on Monday that the Federal Board of
Instead of appointing a permanent Managing Director (MD), the Board of Director of Oil and Gas Development Company (OGDCL) has bifurcated the powers of MD between two senior officials Bisharat Mirza and Tahir Shaukat, it is learnt.
Instead of appointing a permanent Managing Director (MD), the Board of Director of Oil and Gas Development Company (OGDCL) has bifurcated the powers of MD between two senior officials Bisharat Mirza and Tahir Shaukat, it is learnt.
Instead of appointing a permanent Managing Director (MD), the Board of Director of Oil and Gas Development Company (OGDCL) has bifurcated the powers of MD between two senior officials Bisharat Mirza and Tahir Shaukat, it is learnt.
Greece has confirmed it will make a 460 million euro ($505 million) debt payment to the International Monetary Fund this week as it seeks to allay concerns over the country's solvency. IMF chief Christine Lagarde said late Sunday that Greek Finance Minist
Greece has confirmed it will make a 460 million euro ($505 million) debt payment to the International Monetary Fund this week as it seeks to allay concerns over the country's solvency. IMF chief Christine Lagarde said late Sunday that Greek Finance Minist
Greece has confirmed it will make a 460 million euro ($505 million) debt payment to the International Monetary Fund this week as it seeks to allay concerns over the country''s solvency. IMF chief Christine Lagarde said late Sunday that Greek Finance Minis
Kenyan fighter jets pounded Al-Qaeda-linked Shebab insurgent camps in southern Somalia on Monday, the army said, days after the Islamists killed 148 people in their worst ever massacre in Kenya. The airstrikes, which the army said destroyed two Islamist b
Kenyan fighter jets pounded Al-Qaeda-linked Shebab insurgent camps in southern Somalia on Monday, the army said, days after the Islamists killed 148 people in their worst ever massacre in Kenya. The airstrikes, which the army said destroyed two Islamist b
Prime Minister Nawaz Sharif chaired a high-level meeting at the PM House on Monday to discuss matters relating to national security and Middle East situation.
Pakistan Muslim League-Nawaz (PMLN) leader Zafar Ali Shah on Monday moved Islamabad High Court (IHC) with the plea to direct the federal government to accept resignations of Pakistan Tehreek-e-Insaf members of National Assembly.
National Transmission and Despatch Company Limited (NTDCL) has launched an effective power transmission programme to efficiently disperse the power from generation plants to DISCOs, load centres to curb forced loadshedding in the country.
A senior doctor of DHQ Muzaffargarh was allegedly caught red handed with a nurse in a quarter of Turkish Colony. Police have registered a case under Zina ordinance. Assistant Sub Inspector Shamsher Ali said that police raided a quarter of Turkish Colony w
Enrolment of students under Punjab "Parho Punjab Barho Punjab" started in Faisalabad for which a target has been fixed to admit a total number of 5,80,000 students in the Faisalabad division till October 31.
Punjab Chief Minister Shahbaz Sharif presided over a meeting to review Bab-e-Pakistan project. Federal Minister for Railways Khawaja Saad Rafiq also attended the meeting. Secretary Information Momin Agha gave a briefing on the project.
PSO distributors Association (PSODA) South Punjab President Muhammad Inam-ullah Sheikh, General Secretary Malik Falak Sher have drawn the attention of the PSO authorities towards the scarcity of Kerosene oil in Multan, Bahawalpur, Dera Ghazi Khan and Baha
A technical issue at the Federal Board of Revenue (FBR) lead to suspension of six officials of Inland Revenue (BS-16/18) on charges of zero-disposal of the audit cases assigned to them, sources revealed to Business recorder on Monday.
The Islamabad High Court (IHC) on Monday barred Secretary Cabinet Division from exercising his powers as acting chairman Ogra. The court also sought report from federation regarding non-suspension of two members (Gas and Finance) of the Authority, who are
Chief Minister Khyber Pakhtunkhwa, Pervez Khattak, has directed to work out the proposal for merging the colleges of Frontier Education Foundation (FEF) into the Higher Education Department (HEC) and suggest measures for revamping of FEF on modern lines b
University of Agriculture, Faisalabad (UAF) will launch a 'Students Summer Working Opportunity Program' aiming at providing hands on training, and financial assistance to the students. It was revealed in a Deans' Committee meeting with UAF Vice Chancellor
The proposed "Telecom Policy 2015" will provide general authorisation for "Over The Top" (OTT) services of the telecommunications network, instead of embedding services in a particular network to attract new businesses both domestic and foreign by reducin