Foreign Direct Investment (FDI) maintained upward trend and rose by 7 percent during the first two months of this fiscal year (FY16). Economists said the country has failed to attract massive FDI inflows due to several reasons including law and order, pow
On Tuesday, BRIndex30 remained negative for most of trading time. It closed at 20,259.18 points with net change of -119.78 points. High and low were 20,475.02 points and 20,154.45 points respectively. Total turnover was 70,071,600 shares. Among BRIndex30
On Tuesday, BRIndex30 remained negative for most of trading time. It closed at 20,259.18 points with net change of -119.78 points. High and low were 20,475.02 points and 20,154.45 points respectively. Total turnover was 70,071,600 shares. Among BRIndex30
Karachi Stock Exchange witnessed another volatile session Tuesday as the benchmark KSE-100 index shed 193 points to close at 33,191 points down from 33,384 points. Ahsan Mehanti, analyst at Arif Habib said stocks closed bearish post major earning announce
Karachi Stock Exchange witnessed another volatile session Tuesday as the benchmark KSE-100 index shed 193 points to close at 33,191 points down from 33,384 points. Ahsan Mehanti, analyst at Arif Habib said stocks closed bearish post major earning announce
Karachi Stock Exchange witnessed another volatile session Tuesday as the benchmark KSE-100 index shed 193 points to close at 33,191 points down from 33,384 points. Ahsan Mehanti, analyst at Arif Habib said stocks closed bearish post major earning announce
The committee constituted by Finance Minister Ishaq Dar to review 8 percent minimum tax on service sector has directed the corporate service provider companies to provide financial data to justify any reduction in tax rate for specific services'' industry
The committee constituted by Finance Minister Ishaq Dar to review 8 percent minimum tax on service sector has directed the corporate service provider companies to provide financial data to justify any reduction in tax rate for specific services' industry/
The committee constituted by Finance Minister Ishaq Dar to review 8 percent minimum tax on service sector has directed the corporate service provider companies to provide financial data to justify any reduction in tax rate for specific services' industry/
The Ministry of Petroleum and Natural Resources has offered Textile Industry round-the-clock supply of electricity at 9 cents per unit in case the industry stops using natural gas. Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi
The Ministry of Petroleum and Natural Resources has offered Textile Industry round-the-clock supply of electricity at 9 cents per unit in case the industry stops using natural gas. Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi
The Ministry of Petroleum and Natural Resources has offered Textile Industry round-the-clock supply of electricity at 9 cents per unit in case the industry stops using natural gas. Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi
The World Bank warned Tuesday that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies. Regardless of whether the Fed begins raising interest rates at this wee
The World Bank warned Tuesday that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies. Regardless of whether the Fed begins raising interest rates at this wee
The World Bank warned Tuesday that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies. Regardless of whether the Fed begins raising interest rates at this wee
The State Bank of Pakistan (SBP) has allowed banks and DFIs up to Rs 1.5 billion financing for power company, established as a wholly owned subsidiary of the eligible export oriented company to meet its power requirements. The SBP has already allowed fina
The State Bank of Pakistan (SBP) has allowed banks and DFIs up to Rs 1.5 billion financing for power company, established as a wholly owned subsidiary of the eligible export oriented company to meet its power requirements. The SBP has already allowed fina
The State Bank of Pakistan (SBP) has allowed banks and DFIs up to Rs 1.5 billion financing for power company, established as a wholly owned subsidiary of the eligible export oriented company to meet its power requirements. The SBP has already allowed fina
The State Bank of Pakistan (SBP) has allowed banks and DFIs up to Rs 1.5 billion financing for power company, established as a wholly owned subsidiary of the eligible export oriented company to meet its power requirements. The SBP has already allowed fina
National Electric Power Regulatory Authority (Nepra) on Tuesday approved reimbursement of Rs 2.19 per unit for June and Rs 2.13 per unit for July 2015 to the consumers overcharged by the power Distribution Companies (Discos). The refund will be passed on
National Electric Power Regulatory Authority (Nepra) on Tuesday approved reimbursement of Rs 2.19 per unit for June and Rs 2.13 per unit for July 2015 to the consumers overcharged by the power Distribution Companies (Discos). The refund will be passed on
National Electric Power Regulatory Authority (Nepra) on Tuesday approved reimbursement of Rs 2.19 per unit for June and Rs 2.13 per unit for July 2015 to the consumers overcharged by the power Distribution Companies (Discos). The refund will be passed on
Prime Minister Nawaz Sharif has announced a Rs 341 billion relief package for farmers with a direct cash assistance to rice and cotton growers, subsidy on fertiliser and electricity and tax relief on import of machinery. While unveiling the package here o
Prime Minister Nawaz Sharif has announced a Rs 341 billion relief package for farmers with a direct cash assistance to rice and cotton growers, subsidy on fertiliser and electricity and tax relief on import of machinery. While unveiling the package here o
Prime Minister Nawaz Sharif has announced a Rs 341 billion relief package for farmers with a direct cash assistance to rice and cotton growers, subsidy on fertiliser and electricity and tax relief on import of machinery. While unveiling the package here o
Prime Minister Nawaz Sharif has announced a Rs 341 billion relief package for farmers with a direct cash assistance to rice and cotton growers, subsidy on fertiliser and electricity and tax relief on import of machinery. While unveiling the package here o
CoAS visited Bahadur Ranges (Attock) and witnessed Pak-China Joint Field Exercise Warrior-III on Tuesday. Special forces of Pakistan Army and PLA conducted a seven-week long exercise with focus on counter-terrorism operations. A senior level Chinese milit
CoAS visited Bahadur Ranges (Attock) and witnessed Pak-China Joint Field Exercise Warrior-III on Tuesday. Special forces of Pakistan Army and PLA conducted a seven-week long exercise with focus on counter-terrorism operations. A senior level Chinese milit
Hundreds of desperate migrants were Tuesday trapped behind a razor-wire fence erected by Hungary, as Germany's Angela Merkel called for an EU summit on the refugee crisis. While European leaders squabbled over how to manage the continent's biggest migrant
Hundreds of desperate migrants were Tuesday trapped behind a razor-wire fence erected by Hungary, as Germany's Angela Merkel called for an EU summit on the refugee crisis. While European leaders squabbled over how to manage the continent's biggest migrant
ICE cotton futures settled little changed on Tuesday, as market participants awaited news of whether rains later this month could disrupt harvest activities and eyed the Federal Reserve's meeting later this week. "Unless we get a weather scare, it's stuck
US crude settled up more than 1 percent on Tuesday, buoyed by gains on Wall Street and higher gasoline prices, while Brent oil advanced less ahead of the expiry of its front-month contract, narrowing the transatlantic spread to the lowest in eight months.
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (September 15, 2015).
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
Over the years, IBA has carved a niche in the Education sector imparting quality education in a rigorous model of expecting nothing but the best from its students. The gruelling workload and active lifestyle of IBA's students have become synonymous with q
Sartaj Aziz: Adviser to the Prime Minister on Foreign Affairs and National Security (2013 - Present) Former Minister of Foreign Affairs (1998-1999) Sartaj Aziz is a development economist and obtained a degree in commerce f
The troposphere is the layer of the atmosphere closest to the earth. It extends from the ground to approximately 12km above sea level (though this varies with latitude and with the seasons). It contains around 75% of all the air in the atmosphere, and aro
Since the mid-1970s scientists have been concerned about the harmful effects of certain Chlorofluorocarbons (CFCs) on the ozone layer. These CFC compounds are relatively inert and nontoxic, and humans found a use for them as cooling agents in refrigerator
The ozone layer is a layer in the Earth's atmosphere containing high concentrations of ozone. It is typically said to exist between about 20 and 30km above the Earth's surface, but it does not have definite edges. You can see this on the ozone map. Each w
On Monday, at Pakistan Mercantile Exchange (PMEX) value traded was PKR 3,984 million. The number of lots traded was 21.92 million. PMEX Commodity Index was closed at 2,483. Major business was contributed by gold amounting to PKR 3,513 million. This was fo
Rice stocks in the Philippines, one of the world's top importers, shrank for a third straight month in August, government data showed on Friday, following a decline in the domestic harvest due to El Nino-induced dry weather. Total stocks as of August 1 st
Coffee prices in Vietnam edged up this week in line with a gain in futures contracts but remain below growers' expectations, while foreign buying demand has yet to pick up, traders said. That has left a large gap between bids and offers, with few beans ch
US natural gas futures climbed over 2 percent on Monday on forecasts for continued above normal temperatures over the next two weeks, expected to keep power demand for air conditioning high during that time. Front-month gas futures on the New York Mercant