UNESCO condemned an apparent attack on the Yemeni capital's old quarter Friday that killed five people and destroyed homes in the centuries-old heritage site described as a "jewel" of Islamic culture. The incident occurred a day before Yemen's warring fac
The lawmakers in Senate fell short on Friday to pass a condemnatory resolution against former director-general Inter Services Intelligence (ISI) General Hamid Gul for seeking suspension of constitution for a short period in the current circumstances to av
The lawmakers in Senate fell short on Friday to pass a condemnatory resolution against former director-general Inter Services Intelligence (ISI) General Hamid Gul for seeking suspension of constitution for a short period in the current circumstances to av
With air passenger numbers set to double to six billion annually by 2030, the world's premier air show in Paris will next week focus on green issues even as the aircraft sales war remains centre stage. The Paris Air Show brings together some 315,000 visit
With air passenger numbers set to double to six billion annually by 2030, the world's premier air show in Paris will next week focus on green issues even as the aircraft sales war remains centre stage. The Paris Air Show brings together some 315,000 visit
The rupee crossed the barrier of Rs 103 versus the dollar on the open market on Friday due to strong demand for the US currency, dealers said. The higher rate of the dollar shows that difference between the open and interbank markets was widening, but it
Chairman Federal Board of Revenue (FBR) Tariq Bajwa said on Friday that the government will raise Federal Excise Duty (FED) up to 70 percent on cigarettes in line with the standards set by World Health Organisation (WHO) in phase-wise manner. He informed
The rupee crossed the barrier of Rs 103 versus the dollar on the open market on Friday due to strong demand for the US currency, dealers said. The higher rate of the dollar shows that difference between the open and interbank markets was widening, but it
Chairman Federal Board of Revenue (FBR) Tariq Bajwa said on Friday that the government will raise Federal Excise Duty (FED) up to 70 percent on cigarettes in line with the standards set by World Health Organisation (WHO) in phase-wise manner. He informed
Chairman Federal Board of Revenue (FBR) Tariq Bajwa said on Friday that the government will raise Federal Excise Duty (FED) up to 70 percent on cigarettes in line with the standards set by World Health Organisation (WHO) in phase-wise manner. He informed
A French court on Friday acquitted former IMF chief Dominique Strauss-Kahn of pimping charges, drawing a line under a series of legal woes over his sexual escapades. The 66-year-old economist merely nodded his head in acknowledgement of the verdict, the f
A French court on Friday acquitted former IMF chief Dominique Strauss-Kahn of pimping charges, drawing a line under a series of legal woes over his sexual escapades. The 66-year-old economist merely nodded his head in acknowledgement of the verdict, the f
The State Bank of Pakistan (SBP) on Friday pumped Rs 623.35 billion into the banking system. The money injected was through open market operation for seven-day contracts at an annual rate of return of 6.50 percent. The 26 bids offered amounted to Rs 623.3
The State Bank of Pakistan (SBP) on Friday pumped Rs 623.35 billion into the banking system. The money injected was through open market operation for seven-day contracts at an annual rate of return of 6.50 percent. The 26 bids offered amounted to Rs 623.3
The State Bank of Pakistan (SBP) on Friday pumped Rs 623.35 billion into the banking system. The money injected was through open market operation for seven-day contracts at an annual rate of return of 6.50 percent. The 26 bids offered amounted to Rs 623.3
Ministry of Petroleum and Natural Resources Friday informed the Senate Standing Committee on Finance that at present there is no shortage of petroleum products in the country. When Senator Saleem Mandviwalla and Fateh Mohammad Hassani raised the issue of
Ministry of Petroleum and Natural Resources Friday informed the Senate Standing Committee on Finance that at present there is no shortage of petroleum products in the country. When Senator Saleem Mandviwalla and Fateh Mohammad Hassani raised the issue of
Ministry of Petroleum and Natural Resources Friday informed the Senate Standing Committee on Finance that at present there is no shortage of petroleum products in the country. When Senator Saleem Mandviwalla and Fateh Mohammad Hassani raised the issue of
Prime Minister Nawaz Sharif held a meeting with the officers recently promoted to BS-22, at the PM House here this morning. The Prime Minister congratulated the newly promoted officers and said this is their time to pay back to the nation based on their a
Prime Minister Nawaz Sharif held a meeting with the officers recently promoted to BS-22, at the PM House here this morning. The Prime Minister congratulated the newly promoted officers and said this is their time to pay back to the nation based on their a
Economic Coordination Committee (ECC) of the Cabinet has reportedly granted partial independence to Pakistan State Oil (PSO) - the national oil supplier - from using Pakistan National Shipping Corporation (PNSC) as sole carrier of all petroleum products,
Economic Coordination Committee (ECC) of the Cabinet has reportedly granted partial independence to Pakistan State Oil (PSO) - the national oil supplier - from using Pakistan National Shipping Corporation (PNSC) as sole carrier of all petroleum products,
Economic Coordination Committee (ECC) of the Cabinet has reportedly granted partial independence to Pakistan State Oil (PSO) - the national oil supplier - from using Pakistan National Shipping Corporation (PNSC) as sole carrier of all petroleum products,
The government securities as well as guarantees for State-Owned Enterprise (SOEs) attract around 70 percent investment of commercial banks against the required 18 percent, said Secretary Finance Dr Waqar Masood on Friday. Secretary Finance said that 38 pe
The government securities as well as guarantees for State-Owned Enterprise (SOEs) attract around 70 percent investment of commercial banks against the required 18 percent, said Secretary Finance Dr Waqar Masood on Friday. Secretary Finance said that 38 pe
The government securities as well as guarantees for State-Owned Enterprise (SOEs) attract around 70 percent investment of commercial banks against the required 18 percent, said Secretary Finance Dr Waqar Masood on Friday. Secretary Finance said that 38 pe
On Friday, BRIndex30 opened at 20,983.16 points. It touched an intraday high of 21,182.71 points and an intraday low of 20,975.57 points and closed at 21,116.80 points which was 133.64 points or 0.64 percent higher than previous close. Total volume was 25
On Friday, BRIndex30 opened at 20,983.16 points. It touched an intraday high of 21,182.71 points and an intraday low of 20,975.57 points and closed at 21,116.80 points which was 133.64 points or 0.64 percent higher than previous close. Total volume was 25
The Karachi stocks market closed higher to gain 56.59 points on the back of international credit rating agency, Moody''s, favourable rating for Pakistan. The KSE 100 index closed at 34,657.29 points compared to Thursday''s 34,594.70. The turnover at the r
The Karachi stocks market closed higher to gain 56.59 points on the back of international credit rating agency, Moody's, favourable rating for Pakistan. The KSE 100 index closed at 34,657.29 points compared to Thursday's 34,594.70. The turnover at the rea
The Karachi stocks market closed higher to gain 56.59 points on the back of international credit rating agency, Moody's, favourable rating for Pakistan. The KSE 100 index closed at 34,657.29 points compared to Thursday's 34,594.70. The turnover at the rea
Prime Minister Nawaz Sharif says Pakistan will not prosper as long as Karachi remains a hostage to strikes, shutdowns, and wheel-jams. "Karachi is shut down even if a fly dies here. This is counterproductive to the economy of the country," the prime minis
Prime Minister Nawaz Sharif says Pakistan will not prosper as long as Karachi remains a hostage to strikes, shutdowns, and wheel-jams. "Karachi is shut down even if a fly dies here. This is counterproductive to the economy of the country," the prime minis
Prime Minister Nawaz Sharif on Friday said that the Thar coal would be used for power generation. The coal for some power plants would be imported for short time till Thar fields started production at commercial level, he added. "Today, I want to give Sin
Prime Minister Nawaz Sharif on Friday said that the Thar coal would be used for power generation. The coal for some power plants would be imported for short time till Thar fields started production at commercial level, he added. "Today, I want to give Sin
Prime Minister Nawaz Sharif on Friday said that the Thar coal would be used for power generation. The coal for some power plants would be imported for short time till Thar fields started production at commercial level, he added. "Today, I want to give Sin
Prime Minister Nawaz Sharif on Friday said his government is committed to sustaining fuel and energy supplies in the country to ensure accelerated growth in all areas. He was addressing the inauguration of country''s largest oil refinery complex with a cr
Prime Minister Nawaz Sharif on Friday said his government is committed to sustaining fuel and energy supplies in the country to ensure accelerated growth in all areas. He was addressing the inauguration of country's largest oil refinery complex with a cru
Prime Minister Nawaz Sharif on Friday said his government is committed to sustaining fuel and energy supplies in the country to ensure accelerated growth in all areas. He was addressing the inauguration of country's largest oil refinery complex with a cru
Moody''''s Investors Service has upgraded Pakistan''''s foreign currency issuer and senior unsecured bond ratings to B3 from Caa1, and assigned a stable outlook. Upgrading the ratings, Moody''''s said the key drivers for the decisions are expectations of
Moody''s Investors Service has upgraded Pakistan''s foreign currency issuer and senior unsecured bond ratings to B3 from Caa1, and assigned a stable outlook. Upgrading the ratings, Moody''s said the key drivers for the decisions are expectations of contin
Moody's Investors Service has upgraded Pakistan's foreign currency issuer and senior unsecured bond ratings to B3 from Caa1, and assigned a stable outlook. Upgrading the ratings, Moody's said the key drivers for the decisions are expectations of continued
Moody's Investors Service has upgraded Pakistan's foreign currency issuer and senior unsecured bond ratings to B3 from Caa1, and assigned a stable outlook. Upgrading the ratings, Moody's said the key drivers for the decisions are expectations of continued
Interior Minister Chaudhry Nisar Ali Khan on Friday said that any local or foreign non-government organisation (NGOs) pursuing foreign agenda against the national interest will not be allowed to operate in Pakistan. Talking to the media outside the Parlia
Interior Minister Chaudhry Nisar Ali Khan on Friday said that any local or foreign non-government organisation (NGOs) pursuing foreign agenda against the national interest will not be allowed to operate in Pakistan. Talking to the media outside the Parlia
The Punjab government has earmarked Rs 31 billion to the energy sector, including Rs 15 billion for the RLNG-based power plant in Bhikki District in Sheikhupura. Punjab Finance Minister Dr Ayesha Ghaus Pasha said the growth strategy devised by the Punjab
The Punjab government has earmarked Rs 31 billion to the energy sector, including Rs 15 billion for the RLNG-based power plant in Bhikki District in Sheikhupura. Punjab Finance Minister Dr Ayesha Ghaus Pasha said the growth strategy devised by the Punjab
The Punjab government has earmarked Rs 31 billion to the energy sector, including Rs 15 billion for the RLNG-based power plant in Bhikki District in Sheikhupura. Punjab Finance Minister Dr Ayesha Ghaus Pasha said the growth strategy devised by the Punjab
The Punjab government has earmarked Rs 31 billion to the energy sector, including Rs 15 billion for the RLNG-based power plant in Bhikki District in Sheikhupura. Punjab Finance Minister Dr Ayesha Ghaus Pasha said the growth strategy devised by the Punjab
Through the budget 2015-16, the Punjab government has included ten new services - public relations services, services provided by chartered accountants, auditors, corporate law consultants, etc, air travel and transportation of goods by air (previously ta
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
Through the budget 2015-16, the Punjab government has included ten new services - public relations services, services provided by chartered accountants, auditors, corporate law consultants, etc, air travel and transportation of goods by air (previously ta
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
Through the budget 2015-16, the Punjab government has included ten new services - public relations services, services provided by chartered accountants, auditors, corporate law consultants, etc, air travel and transportation of goods by air (previously ta