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Print - 2015-09-13
Partial strike observed in Hyderabad

Partial strike observed in Hyderabad

Partial strike was observed in Hyderabad on Saturday where markets and shops remained closed. In the areas of Qasimabad, markets and shops remained open and the transport was seen as usual. But the markets and shops remained closed in the areas of city an
Published 13 Sep, 2015 12:00am
Asif inaugurates 'Women by Women' expo

Asif inaugurates 'Women by Women' expo

Federal Water and Power Minister Khawaja Muhammad Asif on Saturday inaugurated two day exhibition for Women by Women at Government College for Women University organised by Sialkot Chamber of Commerce and Industry. The Minister on this occasion took round
Published 13 Sep, 2015 12:00am
Administration, schools' owners to review fee issue

Administration, schools' owners to review fee issue

Deputy Commissioner (DC) Peshawar, Riaz Khan Mehsud has convened a meeting of the owners of private schools in Nishtar Hall at 10:00 A. M on Monday. The meeting has been convened in wake of growing complaints of manifold increase in fees of private school
Published 13 Sep, 2015 12:00am
Two 'terrorists' killed in encounter

Two 'terrorists' killed in encounter

at least two suspected terrorists were killed while three police personnel sustained injuries when some miscreants ambushed their van in Sufaid Dheri area here late Friday night. According to police sources, some unidentified terrorists launched gun attac
Published 13 Sep, 2015 12:00am
QWP to struggle for equal rights, opportunities to minorities

QWP to struggle for equal rights, opportunities to minorities

Qaumi Watan Party Chairman Aftab Ahmad Khan Sherpao said on Monday minority community is equal citizens of the country and QWP would keep struggling to ensure equal rights and equal opportunities for them on every platform. Addressing a gathering arranged
Published 13 Sep, 2015 12:00am
KP government believes in gender equity: Ghani

KP government believes in gender equity: Ghani

Khyber Pakhtunkhwa Minister for Information and Higher Education Mushtaq Ahmad Ghani Saturday said the government believes in gender equity and women's role as an active variable shaping a more democratic, equitable, and peaceful, stabilised and developed
Published 13 Sep, 2015 12:00am
ITU to launch solar-powered ATMs

ITU to launch solar-powered ATMs

-The Vice Chancellor Information Technology University (ITU), Dr Umer Saif said that a research center of ITU Innovations for Poverty Alleviation Lab (IPAL) is going to launch a Solar Powered ATMs, which will provide clean water by using a smart card in a
Published 13 Sep, 2015 12:00am
LG polls: scrutiny of nomination papers begins

LG polls: scrutiny of nomination papers begins

While the last date for filing of appeals against acceptance or rejection of nomination papers in the Local Bodies' elections is September 22, scrutiny of nomination papers for the first phase in the Punjab only began on Saturday. The process will continu
Published 13 Sep, 2015 12:00am
Government urged to announce service structure for Nadra employees

Government urged to announce service structure for Nadra employees

Employees of National Database and Registration Authority (Nadra) have urged the government to take serious steps to announce a comprehensive service structure immediately; otherwise they would launch country-wide campaign. Central President of All Pakist
Published 13 Sep, 2015 12:00am
Prices of vegetable items witness sharp increase

Prices of vegetable items witness sharp increase

The prices of essential kitchen items especially vegetables have witnessed a sharp increase during past week as compared to preceding week, reveals a survey conducted by Business Recorder here on Saturday. The survey observed that the prices of tom
Published 13 Sep, 2015 12:00am
Ministry criticised for failure to providing cheap fuel

Ministry criticised for failure to providing cheap fuel

The Liquefied Petroleum Gas Association of Pakistan has reprimanded the Petroleum Ministry for failing to respond to its national duty of providing cheap fuel to the public and accused it of profiteering by auctioning its production too high. Association
Published 13 Sep, 2015 12:00am
Growing Indian belligerence

Growing Indian belligerence

According to a Business Recorder report, a parliamentary panel has been informed that Indian forces committed 221 cross-border violations since June 09, in which 26 civilian embraced martyrdom and 78 received injuries. Senate Defence Committee, the
Published 13 Sep, 2015 12:00am
Grieving in public eye, a conflicted Biden mulls 2016

Grieving in public eye, a conflicted Biden mulls 2016

More than any other modern American politician, Joe Biden is living out his grief in the public spotlight, even as the vice president struggles privately over whether to run for the White House. Mourning over the loss of his son Beau who succumbed to canc
Published 13 Sep, 2015 12:00am
High-profile busts signal caution in start-up investing

High-profile busts signal caution in start-up investing

At the end of July, Homejoy, a start-up company that used the Web to offer house cleaning, hung up its mops, leaving customers in the lurch and Google Ventures and other top-tier private equity backers out the more than $35 million they had sunk into the
Published 13 Sep, 2015 12:00am
Crossing the chasm

Crossing the chasm

The release this past April of the World Bank's 2014 Findex report was a major wake-up call for Pakistan. Less than 10 percent of Pakistani adults have an account at a financial institution, and Findex finds that the percentage of "unbanked" Pakistanis ha
Published 13 Sep, 2015 12:00am
Sindh CM questions PM

Sindh CM questions PM

During the federal Apex Committee's recent meeting that reviewed implementation of the National Action Plan (NAP), Sindh Chief Minister Syed Qaim Ali Shah expressed his reservations about the National Accountability Bureau and the Federal Investigation Ag
Published 13 Sep, 2015 12:00am
China's military muscle for peace

China's military muscle for peace

Never before has a military parade been held at a scale that President Xi's China put on display to commemorate the 70th anniversary of victory of the Chinese War of Resistance against Japanese aggression. Witnessed by some 40,000 spectators present at th
Published 13 Sep, 2015 12:00am
World commodities shock - good news for some

World commodities shock - good news for some

A collapse in commodity prices prompted by a slowdown in the world's most voracious consumer, China, has rocked financial markets and sent Russia, Brazil and even Canada into recession. But for much of the world, the crisis may in fact be good news. China
Published 13 Sep, 2015 12:00am
Aluminium and copper swamped with surpluses, prices seen poised

Aluminium and copper swamped with surpluses, prices seen poised

The combined impact of stronger output and a sharper-than-expected slowdown in China has sent market surpluses in copper and aluminium ballooning this year, a quarterly Reuters poll showed. Prices of the two most-traded industrial metals, however, may hav
Published 13 Sep, 2015 12:00am
China to launch new crude oil benchmark

China to launch new crude oil benchmark

China plans to launch a yuan-denominated international benchmark for crude oil futures this year aimed at the Asian market, an industry source said Thursday. The contract will be traded at the Shanghai International Energy Exchange (INE) and will be a pri
Published 13 Sep, 2015 12:00am
Speculators cut net short position in raw sugar
Cotton

Speculators cut net short position in raw sugar

Speculators cut their net short position in raw sugar on ICE Futures US to a near two-month low in the week ended September 8, and boosted their bearish bets in arabica coffee contracts, US Commodity Futures Trading Commission data showed on Friday. The n
Published 13 Sep, 2015 12:00am
Troubled sugar market seen facing threat of a revitalized rival: Cuba

Troubled sugar market seen facing threat of a revitalized rival: Cuba

As if bearish market conditions weren't bad enough, sugar producers in top growers Brazil, Thailand and India may soon have to face heftier competition in an already crowded field from an old rival: Cuba. Cuba's annual sugar exports could nearly double to
Published 13 Sep, 2015 12:00am
LME in talks on launch of precious metals derivatives

LME in talks on launch of precious metals derivatives

The London Metal Exchange (LME) is in talks with the gold industry with a view to launching precious metals derivatives, LME Chief Executive Garry Jones said on Thursday. "There is no listed derivative in precious metals in London. A number of people have
Published 13 Sep, 2015 12:00am
Speculators cut bullish bets in COMEX gold

Speculators cut bullish bets in COMEX gold

Hedge funds and money managers cut their bullish stance in COMEX gold contracts to a three-week low in the week ended September 8, US Commodity Futures Trading Commission data showed on Friday. They slashed their net short copper position to the smallest
Published 13 Sep, 2015 12:00am
Major banks' commodities revenue down 25 percent in first half

Major banks' commodities revenue down 25 percent in first half

Global commodities-related revenue at the top 10 investment banks tumbled by a quarter in the first half of the year, due to a retreat in business from the power and gas sectors after last year's surge, a consultancy said on Tuesday. Revenue earned by lea
Published 13 Sep, 2015 12:00am
USDA issues surprise bump to soya harvest view

USDA issues surprise bump to soya harvest view

The US Agriculture Department on Friday unexpectedly raised its forecast for domestic soyabean production, based on projections for record yields in key states such as Iowa, Minnesota and Nebraska. The government lowered its forecast for corn production b
Published 13 Sep, 2015 12:00am
Reasons behind growing sexual abuse of children identified

Reasons behind growing sexual abuse of children identified

The hidden shame of Pakistan is sexual abuse of children has been growing alarmingly countrywide on the back of criminal unawareness of the issue, avoidance to discuss its related matters, lack of a mechanism of dealing the curse and absence of authoritie
Published 13 Sep, 2015 12:00am
Seven killed in Muzaffarabad road accident

Seven killed in Muzaffarabad road accident

At least seven people including three members of the same family were killed when a van fell into a deep ravine in Muzaffarabad district of Azad Kashmir on Saturday. According to police said, the ill-fated van was travelling from Pathak to Pehlian. Driver
Published 13 Sep, 2015 12:00am
New audit policy an effective deterrence against tax evasion: FBR

New audit policy an effective deterrence against tax evasion: FBR

The new audit policy of the Federal Board of Revenue (FBR) has committed to unearthing tax evasion and avoidance schemes for creating an effective deterrence against tax evasion. The FBR has issued aims and objectives of the Audit Policy 2015 here on Satu
Published 13 Sep, 2015 12:00am
PML factions: dissident workers agree to form united league

PML factions: dissident workers agree to form united league

The dissident workers of Pakistan Muslim League-Quaid (PML-Q), Like-Minded Group, All Pakistan Muslim League (APML), Muslim Conference Azad Kashmir and Pakistan Muslim League-Nawaz (PML-N) gathered Saturday and agreed to form a united Muslim League. The c
Published 13 Sep, 2015 12:00am
Apparel Sector dissatisfied over exporters meeting with Prime Minister

Apparel Sector dissatisfied over exporters meeting with Prime Minister

It is indeed a great irony and an apathy that the Prime Minister of Pakistan called a meeting of Exporters Associations after two and a half years - ie after 50% of the tenure of the incumbent government and further irony that in this crucial meeting he g
Published 13 Sep, 2015 12:00am
Wattoo urges Bilawal to lead the Opposition from front

Wattoo urges Bilawal to lead the Opposition from front

Pakistan Peoples' Party Punjab President, Manzoor Wattoo has urged party Chairman Bilawal Bhutto to adopt an aggressive stance against the government and lead the opposition. His comments came in a speech to a workers' gathering at the Bilawal House Lahor
Published 13 Sep, 2015 12:00am
SBP launches SMS service for issuance of fresh banknotes
Currency

SBP launches SMS service for issuance of fresh banknotes

State Bank of Pakistan (SBP) in collaboration with Pakistan Banks' Association (PBA) has introduced a Mobile SMS service for issuance of fresh currency notes to the general public. The move is aimed at further facilitating the general public in acquiring
Published 13 Sep, 2015 12:00am
Anti-dengue spray: over 70 school girls fall unconscious

Anti-dengue spray: over 70 school girls fall unconscious

The number of school girls who fell unconscious during an anti-dengue fumigation campaign being carried out at their school has risen to over 70. The incident took place at the Domaili Girls High School on Saturday and the affected students were rushed to
Published 13 Sep, 2015 12:00am
Crane crash incident: list of Pakistani injured pilgrims

Crane crash incident: list of Pakistani injured pilgrims

As many as sixteen Pakistan Hajj pilgrims have sustained injuries in when a crane toppled over at Makkah's Grand Mosque in Saudi Arabia due to strong winds and rains on Friday evening. It may be noted that as many as one hundred and seven people were mart
Published 13 Sep, 2015 12:00am
Crime cases on the rise in Islamabad

Crime cases on the rise in Islamabad

Various types of crime, including robberies, car-lifting, murder, kidnapping, continued to increase in the federal capital, belying the tall claims of Islamabad Capital Territory (ICT) police of controlling the crimes. Statistics gathered by Business R
Published 13 Sep, 2015 12:00am
Tax evasion: FBR wing plans to arrest more computer traders

Tax evasion: FBR wing plans to arrest more computer traders

Directorate General of Intelligence and Investigation Inland Revenue has decided to arrest more businessmen of computer industry by expanding the scope of investigation into sales tax evasion case of computer importer for his alleged involvement in sales
Published 13 Sep, 2015 12:00am
Tunisians ignore demonstration ban to protest against graft law

Tunisians ignore demonstration ban to protest against graft law

Hundreds of Tunisians defied a state of emergency protests ban on Saturday to demonstrate against a controversial draft law on amnesty for corruption offences. "No to reconciliation that whitens corruption," said one placard protesters brandished on Habib
Published 13 Sep, 2015 12:00am
IHK observes strike against beef ban

IHK observes strike against beef ban

A complete shutter down strike was observed in Indian Occupied Kashmir on Saturday against ban on sale of beef and cow slaughter. The Chairman of All Parties Hurriyat Conference, Syed Ali Gilani had called for a shutdown today against the High Court rulin
Published 13 Sep, 2015 12:00am
IHK observes strike against beef ban

IHK observes strike against beef ban

A complete shutter down strike was observed in Indian Occupied Kashmir on Saturday against ban on sale of beef and cow slaughter. The Chairman of All Parties Hurriyat Conference, Syed Ali Gilani had called for a shutdown today against the High Court rulin
Published 13 Sep, 2015 12:00am
Putin grants Russian citizenship to US boxer

Putin grants Russian citizenship to US boxer

President Vladimir Putin on Saturday granted citizenship to US boxer Roy Jones Jr after the American asked for a passport over tea in Moscow-annexed Crimea. The Kremlin on Saturday released a decree granting citizenship to Jones, who met Putin in August w
Published 13 Sep, 2015 12:00am
Putin grants Russian citizenship to US boxer

Putin grants Russian citizenship to US boxer

President Vladimir Putin on Saturday granted citizenship to US boxer Roy Jones Jr after the American asked for a passport over tea in Moscow-annexed Crimea. The Kremlin on Saturday released a decree granting citizenship to Jones, who met Putin in August w
Published 13 Sep, 2015 12:00am
Gas explosion rocks restaurant in central India killing 85

Gas explosion rocks restaurant in central India killing 85

A powerful explosion triggered by a gas cylinder tore through a packed restaurant in India on Saturday killing at least 85 people and wounding approximately 100 others, police said, in one of the worst such accidents in the country in recent memory. The r
Published 13 Sep, 2015 12:00am
Gas explosion rocks restaurant in central India killing 85

Gas explosion rocks restaurant in central India killing 85

A powerful explosion triggered by a gas cylinder tore through a packed restaurant in India on Saturday killing at least 85 people and wounding approximately 100 others, police said, in one of the worst such accidents in the country in recent memory. The r
Published 13 Sep, 2015 12:00am
MQM's call fails to evoke warm response

MQM's call fails to evoke warm response

Transport remained largely smooth on roads while routine business activities continued in Karachi on Muttahida Qaumi Movement's 'mourning day' on Saturday that it had announced against what it said the extra-judicial killings of its workers by Rangers. Ye
Published 13 Sep, 2015 12:00am
MQM's call fails to evoke warm response

MQM's call fails to evoke warm response

Transport remained largely smooth on roads while routine business activities continued in Karachi on Muttahida Qaumi Movement's 'mourning day' on Saturday that it had announced against what it said the extra-judicial killings of its workers by Rangers. Ye
Published 13 Sep, 2015 12:00am
Socialist Corbyn wins UK Labour leadership in landslide

Socialist Corbyn wins UK Labour leadership in landslide

Veteran socialist Jeremy Corbyn was elected leader of Britain's main opposition Labour party on Saturday in a landslide victory that gives the country its most left-wing political leader in decades. The 66-year-old, whose policies have been compared to th
Published 13 Sep, 2015 12:00am
French jihadist Drugeon killed in Syria: US official

French jihadist Drugeon killed in Syria: US official

French jihadist David Drugeon, an alleged bombmaker for an al Qaeda affiliate, has been killed in a coalition strike in Syria, a US official said Friday. Drugeon has been described as a key figure in the al Qaeda offshoot Khorasan group, which operates in
Published 13 Sep, 2015 12:00am
French jihadist Drugeon killed in Syria: US official

French jihadist Drugeon killed in Syria: US official

French jihadist David Drugeon, an alleged bombmaker for an al Qaeda affiliate, has been killed in a coalition strike in Syria, a US official said Friday. Drugeon has been described as a key figure in the al Qaeda offshoot Khorasan group, which operates in
Published 13 Sep, 2015 12:00am
Foreign Office says 47 nationals injured in Saudi crane crash

Foreign Office says 47 nationals injured in Saudi crane crash

Pakistan said Saturday that its 47 nationals were injured in a crane crash incident in Makkah late Friday during the annual pilgrimage. Saudi officials have confirmed that at least 107 people lost lives and 238 wounded when a crane toppled over at Makkah'
Published 13 Sep, 2015 12:00am
Foreign Office says 47 nationals injured in Saudi crane crash

Foreign Office says 47 nationals injured in Saudi crane crash

Pakistan said Saturday that its 47 nationals were injured in a crane crash incident in Makkah late Friday during the annual pilgrimage. Saudi officials have confirmed that at least 107 people lost lives and 238 wounded when a crane toppled over at Makkah'
Published 13 Sep, 2015 12:00am
Hajj to go ahead after Makkah crane collapse kills 107

Hajj to go ahead after Makkah crane collapse kills 107

Saudi authorities said Saturday that Islam's annual hajj pilgrimage will go ahead despite a crane collapse that killed 107 people at Makkah's Grand Mosque, where crowds returned to pray a day after the tragedy. Hundreds of thousands of pilgrims had alread
Published 13 Sep, 2015 12:00am
Hajj to go ahead after Makkah crane collapse kills 107

Hajj to go ahead after Makkah crane collapse kills 107

Saudi authorities said Saturday that Islam's annual hajj pilgrimage will go ahead despite a crane collapse that killed 107 people at Makkah's Grand Mosque, where crowds returned to pray a day after the tragedy. Hundreds of thousands of pilgrims had alread
Published 13 Sep, 2015 12:00am
Ceasefire violations: Pakistan, India agree for joint investigation

Ceasefire violations: Pakistan, India agree for joint investigation

Pakistan and India have agreed to hold joint investigation into serious violations of ceasefire along the Working Boundary to ensure peace. This was stated by spokesperson for Punjab Rangers after three-day talks between the Directors General of Punjab Ra
Published 13 Sep, 2015 12:00am
Ceasefire violations: Pakistan, India agree for joint investigation

Ceasefire violations: Pakistan, India agree for joint investigation

Pakistan and India have agreed to hold joint investigation into serious violations of ceasefire along the Working Boundary to ensure peace. This was stated by spokesperson for Punjab Rangers after three-day talks between the Directors General of Punjab Ra
Published 13 Sep, 2015 12:00am
Germany slams proposed eurozone deposit insurance plan
Currency

Germany slams proposed eurozone deposit insurance plan

Germany''s powerful finance minister Wolfgang Schaeuble on Saturday sharply criticised an EU proposal to create a common deposit-insurance system for eurozone banks. "We have to make sure not to put the cart before the horse," the influential minister sai
Published 13 Sep, 2015 12:00am
Germany slams proposed eurozone deposit insurance plan
Currency

Germany slams proposed eurozone deposit insurance plan

Germany's powerful finance minister Wolfgang Schaeuble on Saturday sharply criticised an EU proposal to create a common deposit-insurance system for eurozone banks. "We have to make sure not to put the cart before the horse," the influential minister said
Published 13 Sep, 2015 12:00am
Germany slams proposed eurozone deposit insurance plan
Currency

Germany slams proposed eurozone deposit insurance plan

Germany's powerful finance minister Wolfgang Schaeuble on Saturday sharply criticised an EU proposal to create a common deposit-insurance system for eurozone banks. "We have to make sure not to put the cart before the horse," the influential minister said
Published 13 Sep, 2015 12:00am
Bank transaction: WHT documentation measure, insists FBR

Bank transaction: WHT documentation measure, insists FBR

Shahid Hussain Asad, Senior Member Policy Inland Revenue and official spokesperson for Federal Board of Revenue (FBR), has said the withholding tax on banking instruments of non-filers is a documentation measure and it should not be considered as a short-
Published 13 Sep, 2015 12:00am
Bank transaction: WHT documentation measure, insists FBR

Bank transaction: WHT documentation measure, insists FBR

Shahid Hussain Asad, Senior Member Policy Inland Revenue and official spokesperson for Federal Board of Revenue (FBR), has said the withholding tax on banking instruments of non-filers is a documentation measure and it should not be considered as a short-
Published 13 Sep, 2015 12:00am
Bank transaction: WHT documentation measure, insists FBR

Bank transaction: WHT documentation measure, insists FBR

Shahid Hussain Asad, Senior Member Policy Inland Revenue and official spokesperson for Federal Board of Revenue (FBR), has said the withholding tax on banking instruments of non-filers is a documentation measure and it should not be considered as a short-
Published 13 Sep, 2015 12:00am
Pro-migrant rallies in Europe as Hungary says EU 'dreaming'

Pro-migrant rallies in Europe as Hungary says EU 'dreaming'

Tens of thousands of Europeans rallied Saturday urging solidarity with the huge numbers of refugees entering the continent, as Hungary's populist premier said leaders were "in a dream world" about the dangers posed by the influx. In London, one of dozens
Published 13 Sep, 2015 12:00am
Pro-migrant rallies in Europe as Hungary says EU 'dreaming'

Pro-migrant rallies in Europe as Hungary says EU 'dreaming'

Tens of thousands of Europeans rallied Saturday urging solidarity with the huge numbers of refugees entering the continent, as Hungary's populist premier said leaders were "in a dream world" about the dangers posed by the influx. In London, one of dozens
Published 13 Sep, 2015 12:00am
Egypt government quits in wake of corruption scandal

Egypt government quits in wake of corruption scandal

Egyptian President Abdel Fattah al-Sisi Saturday accepted the resignation of the government after it was rocked by a corruption scandal, and tasked the oil minister with forming a new cabinet. A senior official told AFP the resignation of premier Ibrahim
Published 13 Sep, 2015 12:00am
Egypt government quits in wake of corruption scandal

Egypt government quits in wake of corruption scandal

Egyptian President Abdel Fattah al-Sisi Saturday accepted the resignation of the government after it was rocked by a corruption scandal, and tasked the oil minister with forming a new cabinet. A senior official told AFP the resignation of premier Ibrahim
Published 13 Sep, 2015 12:00am
Amin Fahim among 11 charged in NICL case

Amin Fahim among 11 charged in NICL case

An accountability court on Saturday indicted Pakistan Peoples Party (PPP) leader Makhdoom Amin Fahim among eleven people in the National Insurance Company Limited (NICL) land scam case. Makhdoom Amin Fahim did not appear before the court as he is abroad f
Published 13 Sep, 2015 12:00am
Amin Fahim among 11 charged in NICL case

Amin Fahim among 11 charged in NICL case

An accountability court on Saturday indicted Pakistan Peoples Party (PPP) leader Makhdoom Amin Fahim among eleven people in the National Insurance Company Limited (NICL) land scam case. Makhdoom Amin Fahim did not appear before the court as he is abroad f
Published 13 Sep, 2015 12:00am
Bilawal challenges Sharifs on their home turf
Cotton

Bilawal challenges Sharifs on their home turf

While saying adieu to the politics of reconciliation once and for all, the Pakistan Peoples' Party chairman on Saturday lambasted the government for its anti-farmer and anti-labourer policies. In a speech to an impressive gathering of party workers after
Published 13 Sep, 2015 12:00am
Bilawal challenges Sharifs on their home turf
Cotton

Bilawal challenges Sharifs on their home turf

While saying adieu to the politics of reconciliation once and for all, the Pakistan Peoples' Party chairman on Saturday lambasted the government for its anti-farmer and anti-labourer policies. In a speech to an impressive gathering of party workers after
Published 13 Sep, 2015 12:00am
Rs 131.45 billion released under PSDP

Rs 131.45 billion released under PSDP

The federal government has released Rs 131.45 billion under Public Sector Development Programme (PSDP) for various development projects against a budgeted allocation of Rs 700bn for 2015-16. However, the funds allocated under the PSDP for ministries of Re
Published 13 Sep, 2015 12:00am
Rs 131.45 billion released under PSDP

Rs 131.45 billion released under PSDP

The federal government has released Rs 131.45 billion under Public Sector Development Programme (PSDP) for various development projects against a budgeted allocation of Rs 700bn for 2015-16. However, the funds allocated under the PSDP for ministries of Re
Published 13 Sep, 2015 12:00am
Rs 131.45 billion released under PSDP

Rs 131.45 billion released under PSDP

The federal government has released Rs 131.45 billion under Public Sector Development Programme (PSDP) for various development projects against a budgeted allocation of Rs 700bn for 2015-16. However, the funds allocated under the PSDP for ministries of Re
Published 13 Sep, 2015 12:00am
SBP slashes O/N repo rate

SBP slashes O/N repo rate

Following a reduction in the key policy rate, State Bank of Pakistan Saturday announced a cut in overnight reverse repo and overnight repo rate by 50 basis points (bps). According to a DMMD Circular No 16 of 2015 issued on September 12, 2015, SBP has deci
Published 13 Sep, 2015 12:00am
SBP slashes O/N repo rate

SBP slashes O/N repo rate

Following a reduction in the key policy rate, State Bank of Pakistan Saturday announced a cut in overnight reverse repo and overnight repo rate by 50 basis points (bps). According to a DMMD Circular No 16 of 2015 issued on September 12, 2015, SBP has deci
Published 13 Sep, 2015 12:00am
SBP slashes O/N repo rate

SBP slashes O/N repo rate

Following a reduction in the key policy rate, State Bank of Pakistan Saturday announced a cut in overnight reverse repo and overnight repo rate by 50 basis points (bps). According to a DMMD Circular No 16 of 2015 issued on September 12, 2015, SBP has deci
Published 13 Sep, 2015 12:00am
SBP slashes O/N repo rate

SBP slashes O/N repo rate

Following a reduction in the key policy rate, State Bank of Pakistan Saturday announced a cut in overnight reverse repo and overnight repo rate by 50 basis points (bps). According to a DMMD Circular No 16 of 2015 issued on September 12, 2015, SBP has deci
Published 13 Sep, 2015 12:00am
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