Benchmark cotton prices on ICE were unchanged on Monday, buoyed by buying at key chart support even as worries lingered from a surprise drop in the US government's demand forecast. Cotton news over the past week was a "mixed bag but mostly not good for pr
Shanghai Futures Exchange copper ended up 0.3 percent at 40,280 yuan ($6,489) a tonne on Tuesday with the dollar strengthening on worries over whether Greece's parliament would accept terms of a debt deal. Uncertainty pushed the dollar higher, making comm
Copper and some other metals retreated on Tuesday on uncertainty about Greece's debt deal and inventory rises that highlighted concerns about excess supply. The London Metal Exchange saw strong gains on Monday following a bailout deal between Greece and c
Supermodel Ayyan Ali has been granted bail by a Lahore High Court division bench. On Tuesday the bench also halted investigation into her money-laundering case. The counsel for Ayyan, Sardar Latif Khan Khosa, earlier had told the bench that customs offici
Supermodel Ayyan Ali has been granted bail by a Lahore High Court division bench. On Tuesday the bench also halted investigation into her money-laundering case. The counsel for Ayyan, Sardar Latif Khan Khosa, earlier had told the bench that customs offici
Small traders on Tuesday announced to go on shutter-down strike on August 5 against imposition of 0.3 percent tax on all bank transactions. It is to be mentioned here that originally 0.6 percent tax was imposed on all bank transactions by non-filers, but
Small traders on Tuesday announced to go on shutter-down strike on August 5 against imposition of 0.3 percent tax on all bank transactions. It is to be mentioned here that originally 0.6 percent tax was imposed on all bank transactions by non-filers, but
Small traders on Tuesday announced to go on shutter-down strike on August 5 against imposition of 0.3 percent tax on all bank transactions. It is to be mentioned here that originally 0.6 percent tax was imposed on all bank transactions by non-filers, but
Cricket's Indian Premier League was thrown into turmoil Tuesday when a Supreme Court-appointed panel suspended two of the eight teams after officials were found guilty of illegally betting on matches. India's board said it would respect the verdict and pl
Cricket's Indian Premier League was thrown into turmoil Tuesday when a Supreme Court-appointed panel suspended two of the eight teams after officials were found guilty of illegally betting on matches. India's board said it would respect the verdict and pl
Kashmiri Separatist leader Syed Ali Shah Geelani in a surprise move has decided against attending an Eid Milan which is to be hosted by the Pakistan High Commission on July 21. According to an Indian TV channel, Geelani rejected the invitation on the grou
An unmanned NASA spacecraft whizzed by Pluto on Tuesday, making its closest approach in the climax of a decade-long journey to explore the dwarf planet for the first time, the US space agency said. Moving faster than any spacecraft ever built at a speed o
An unmanned NASA spacecraft whizzed by Pluto on Tuesday, making its closest approach in the climax of a decade-long journey to explore the dwarf planet for the first time, the US space agency said. Moving faster than any spacecraft ever built at a speed o
Federal Board of Revenue (FBR) has started issuing notices to the members of Karachi Stocks Exchange (KSE) to collect Federal Excise Duty (FED) from 2011 till to date; raising disenchantment among them over double taxation; it was learnt here on Tuesday.
Federal Board of Revenue (FBR) has started issuing notices to the members of Karachi Stocks Exchange (KSE) to collect Federal Excise Duty (FED) from 2011 till to date; raising disenchantment among them over double taxation; it was learnt here on Tuesday.
Federal Board of Revenue (FBR) has started issuing notices to the members of Karachi Stocks Exchange (KSE) to collect Federal Excise Duty (FED) from 2011 till to date; raising disenchantment among them over double taxation; it was learnt here on Tuesday.
Federal Board of Revenue (FBR) has started issuing notices to the members of Karachi Stocks Exchange (KSE) to collect Federal Excise Duty (FED) from 2011 till to date; raising disenchantment among them over double taxation; it was learnt here on Tuesday.
Muttahida Qaumi Movement (MQM) leader Altaf Hussain has said that MQM is striving for equal rights for people without any discrimination of caste, colour and creed. He advised the party leaders, office-bearers and workers to continue their struggle till t
Economic Co-ordination Committee (ECC) of the Cabinet has refused to grant a Rs 4 billion financial benefit to M/s Byco under the garb of ambiguity in minimum tax applicability despite hectic efforts by Chairman Board of Investment (BoI) Miftah Ismail.
Economic Co-ordination Committee (ECC) of the Cabinet has refused to grant a Rs 4 billion financial benefit to M/s Byco under the garb of ambiguity in minimum tax applicability despite hectic efforts by Chairman Board of Investment (BoI) Miftah Ismail.
Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 97.69 points as the ISE Ten Index moved from 3,573.35
Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 97.69 points as the ISE Ten Index moved from 3,573.35
Equities maintained an upward slide for another day and registered gains amid a sluggish trading trend on the Lahore Stock Exchange on Tuesday. The LSE-25 index improved by 48.84 points to close at 6247.12 against 6198.28 of Monday while transaction volum
Equities maintained an upward slide for another day and registered gains amid a sluggish trading trend on the Lahore Stock Exchange on Tuesday. The LSE-25 index improved by 48.84 points to close at 6247.12 against 6198.28 of Monday while transaction volum
Kazakhstan is set to raise US $4 billion on Tuesday through an offering of new 10-year and 30-year bonds, according to a lead manager. The sovereign launched a US $2.5bn 10-year bond at the final spread of 285bp over US Treasuries and a US $1.5bn 30-year
Kazakhstan is set to raise US $4 billion on Tuesday through an offering of new 10-year and 30-year bonds, according to a lead manager. The sovereign launched a US $2.5bn 10-year bond at the final spread of 285bp over US Treasuries and a US $1.5bn 30-year
Transparency International Pakistan has reportedly informed chairman Senate standing committee on finance Salim Mandviwala about an alleged Rs 111 billion tax evasion by K-Electric in four years. According to a letter written by Transparency International
Transparency International Pakistan has reportedly informed chairman Senate standing committee on finance Salim Mandviwala about an alleged Rs 111 billion tax evasion by K-Electric in four years. According to a letter written by Transparency International
Transparency International Pakistan has reportedly informed chairman Senate standing committee on finance Salim Mandviwala about an alleged Rs 111 billion tax evasion by K-Electric in four years. According to a letter written by Transparency International
The rupee managed to resist sharp fluctuations against the dollar on the money market on Tuesday, dealers said. The rupee almost sustained its overnight levels in terms of the dollar for buying and selling at Rs 101.74 and Rs 101.75 respectively, they sai
The International Financing Institutions (IFIs) have not made any commitment towards financing of Rs 12.979 billion project recently approved by the ECNEC for evacuation of power from 1320MW imported coal-based power plant at Bin Qasim near Karachi. Sourc
The rupee managed to resist sharp fluctuations against the dollar on the money market on Tuesday, dealers said. The rupee almost sustained its overnight levels in terms of the dollar for buying and selling at Rs 101.74 and Rs 101.75 respectively, they sai
The International Financing Institutions (IFIs) have not made any commitment towards financing of Rs 12.979 billion project recently approved by the ECNEC for evacuation of power from 1320MW imported coal-based power plant at Bin Qasim near Karachi. Sourc
The International Financing Institutions (IFIs) have not made any commitment towards financing of Rs 12.979 billion project recently approved by the ECNEC for evacuation of power from 1320MW imported coal-based power plant at Bin Qasim near Karachi. Sourc
The Federal Board of Revenue (FBR) has said that the non-filers (yield/profit up to 0.5 million) would pay 10 percent withholding tax and non-filers (yield above 0.5 million) 17.5 percent withholding tax on the yield or profit on debt of National Savings
The Federal Board of Revenue (FBR) has said that the non-filers (yield/profit up to 0.5 million) would pay 10 percent withholding tax and non-filers (yield above 0.5 million) 17.5 percent withholding tax on the yield or profit on debt of National Savings
The Federal Board of Revenue (FBR) has said that the non-filers (yield/profit up to 0.5 million) would pay 10 percent withholding tax and non-filers (yield above 0.5 million) 17.5 percent withholding tax on the yield or profit on debt of National Savings
The Federal Board of Revenue (FBR) has asked Pakistan Banks Association (PBA) to direct all the banks that if any bank has still deducted tax @ 0.6 percent on July 13, 2015 onwards, the excess amount must be refunded/adjusted immediately. In this regard,
The Federal Board of Revenue (FBR) has asked Pakistan Banks Association (PBA) to direct all the banks that if any bank has still deducted tax @ 0.6 percent on July 13, 2015 onwards, the excess amount must be refunded/adjusted immediately. In this regard,
The Federal Board of Revenue (FBR) has asked Pakistan Banks Association (PBA) to direct all the banks that if any bank has still deducted tax @ 0.6 percent on July 13, 2015 onwards, the excess amount must be refunded/adjusted immediately. In this regard,
On Tuesday, BRIndex30 opened at 22,252.50 points and remained positive throughout the trading session. It touched an intraday high of 22,548.24 points and an intraday low of 22,305.72 points and closed at 22,382.38 points which was 129.88 points or 0.58 p
On Tuesday, BRIndex30 opened at 22,252.50 points and remained positive throughout the trading session. It touched an intraday high of 22,548.24 points and an intraday low of 22,305.72 points and closed at 22,382.38 points which was 129.88 points or 0.58 p
Karachi Stock Exchange (KSE) witnessed a dull session Tuesday and the benchmark KSE-100 index fell by 50 points to close at 35,447 points. The market opened on a positive note and the cement sector started leading the rally but profit-taking commenced aft
Karachi Stock Exchange (KSE) witnessed a dull session Tuesday and the benchmark KSE-100 index fell by 50 points to close at 35,447 points. The market opened on a positive note and the cement sector started leading the rally but profit-taking commenced aft
Karachi Stock Exchange (KSE) witnessed a dull session Tuesday and the benchmark KSE-100 index fell by 50 points to close at 35,447 points. The market opened on a positive note and the cement sector started leading the rally but profit-taking commenced aft
Syrian President Bashar al-Assad signalled on Tuesday he expected more support from his top regional ally Iran in the wake of a nuclear deal that includes Western states that have backed the insurgency against him. Rebels fighting Assad expressed concern
Syrian President Bashar al-Assad signalled on Tuesday he expected more support from his top regional ally Iran in the wake of a nuclear deal that includes Western states that have backed the insurgency against him. Rebels fighting Assad expressed concern
Pakistan Tuesday welcomed the comprehensive nuclear agreement reached between Iran and the six major world powers, saying reciprocal confidence-building measures relating to Tehran's nuclear programme auger well for peace and security in the region. "Paki
Pakistan Tuesday welcomed the comprehensive nuclear agreement reached between Iran and the six major world powers, saying reciprocal confidence-building measures relating to Tehran's nuclear programme auger well for peace and security in the region. "Paki
Iran and six major world powers reached a nuclear deal on Tuesday, capping more than a decade of negotiations with an agreement that could transform the Middle East. US President Barack Obama hailed a step towards a "more hopeful world" and Iran's Preside
Iran and six major world powers reached a nuclear deal on Tuesday, capping more than a decade of negotiations with an agreement that could transform the Middle East. US President Barack Obama hailed a step towards a "more hopeful world" and Iran's Preside
The government would set an increase in gas tariff by 18-20 percent soon after Eid-ul-Fitr. According to officials at the petroleum ministry, during the last three years, gas tariff for any sector of the economy has not been increased as a result Sui-Nort
The government would set an increase in gas tariff by 18-20 percent soon after Eid-ul-Fitr. According to officials at the petroleum ministry, during the last three years, gas tariff for any sector of the economy has not been increased as a result Sui-Nort
The government would set an increase in gas tariff by 18-20 percent soon after Eid-ul-Fitr. According to officials at the petroleum ministry, during the last three years, gas tariff for any sector of the economy has not been increased as a result Sui-Nort
First Information Reports (FIRs) were registered against Muttahida Qaumi Movement (MQM) supremo Altaf Hussain at police stations in various parts of Sindh on late on Monday and Tuesday for making "inflammatory remarks" against the military. During his spe
First Information Reports (FIRs) were registered against Muttahida Qaumi Movement (MQM) supremo Altaf Hussain at police stations in various parts of Sindh on late on Monday and Tuesday for making "inflammatory remarks" against the military. During his spe
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