Problems for a cash-starved Pakistan International Airlines (PIA) are further aggravated as Large Taxpayers Unit (LTU), Karachi, has frozen its nine bank accounts to recover Rs 2.2 billion pending tax payments; it was learnt here on Tuesday. According to
The dollar breached the barrier of Rs 107 on the open market on Tuesday in the process of trading, dealers said. The rupee shed three-paisa against the dollar for buying and selling at Rs 105.53 and 105.55 respectively, they said.
Problems for a cash-starved Pakistan International Airlines (PIA) are further aggravated as Large Taxpayers Unit (LTU), Karachi, has frozen its nine bank accounts to recover Rs 2.2 billion pending tax payments; it was learnt here on Tuesday. According to
The dollar breached the barrier of Rs 107 on the open market on Tuesday in the process of trading, dealers said. The rupee shed three-paisa against the dollar for buying and selling at Rs 105.53 and 105.55 respectively, they said.
Problems for a cash-starved Pakistan International Airlines (PIA) are further aggravated as Large Taxpayers Unit (LTU), Karachi, has frozen its nine bank accounts to recover Rs 2.2 billion pending tax payments; it was learnt here on Tuesday. According to
The federal government has committed to providing sovereign guarantee to Sindh Engro Coal Mining Company (SECMC) for its Thar coal mining project, said a statement on Tuesday. Based on the government''s commitment, the Ministry of Finance (MoF) has now ap
The federal government has committed to providing sovereign guarantee to Sindh Engro Coal Mining Company (SECMC) for its Thar coal mining project, said a statement on Tuesday. Based on the government's commitment, the Ministry of Finance (MoF) has now app
The federal government has committed to providing sovereign guarantee to Sindh Engro Coal Mining Company (SECMC) for its Thar coal mining project, said a statement on Tuesday. Based on the government's commitment, the Ministry of Finance (MoF) has now app
Prime Minister Nawaz Sharif laid foundation stone of 1223MW power project here on Tuesday. The plant which will start its generation from 2017 will provide cheaper electricity to public and also generate new job opportunities for the industrial and agricu
Prime Minister Nawaz Sharif laid foundation stone of 1223MW power project here on Tuesday. The plant which will start its generation from 2017 will provide cheaper electricity to public and also generate new job opportunities for the industrial and agricu
Prime Minister Nawaz Sharif laid foundation stone of 1223MW power project here on Tuesday. The plant which will start its generation from 2017 will provide cheaper electricity to public and also generate new job opportunities for the industrial and agricu
A joint investigation team (JIT) has been constituted to quiz Dr Asim Hussain for allegedly providing medical assistance to militants. According to reports, the newly formed JIT, headed by SSP South Dr Farooq, would begin a probe in the next two days. No
A joint investigation team (JIT) has been constituted to quiz Dr Asim Hussain for allegedly providing medical assistance to militants. According to reports, the newly formed JIT, headed by SSP South Dr Farooq, would begin a probe in the next two days. No
Managing Director of National Iranian Gas Export Company (NIGEC) has said Iran has currently no plans to fine Pakistan for delay in gas pipeline construction, an Iranian news agency reported on Tuesday. On the possibility of fining Pakistan due to a nearl
Managing Director of National Iranian Gas Export Company (NIGEC) has said Iran has currently no plans to fine Pakistan for delay in gas pipeline construction, an Iranian news agency reported on Tuesday. On the possibility of fining Pakistan due to a nearl
Managing Director of National Iranian Gas Export Company (NIGEC) has said Iran has currently no plans to fine Pakistan for delay in gas pipeline construction, an Iranian news agency reported on Tuesday. On the possibility of fining Pakistan due to a nearl
Pakistan Steel Mills (PSM) Board of Directors (BoD) has reportedly disallowed the management to opt for an out-of-court settlement with M/s Fomento as a substantial amount has been spent on M/s McCarthy Tetrault LLP (a Canadian law firm), well informed so
Pakistan Steel Mills (PSM) Board of Directors (BoD) has reportedly disallowed the management to opt for an out-of-court settlement with M/s Fomento as a substantial amount has been spent on M/s McCarthy Tetrault LLP (a Canadian law firm), well informed so
Pakistan Steel Mills (PSM) Board of Directors (BoD) has reportedly disallowed the management to opt for an out-of-court settlement with M/s Fomento as a substantial amount has been spent on M/s McCarthy Tetrault LLP (a Canadian law firm), well informed so
Setting aside special court's decision, Islamabad High Court (IHC) on Tuesday ordered for the re-investigation of the high treason case of former President General Pervez Musharraf (Retd). Earlier, the special court had directed the federal government to
Setting aside special court's decision, Islamabad High Court (IHC) on Tuesday ordered for the re-investigation of the high treason case of former President General Pervez Musharraf (Retd). Earlier, the special court had directed the federal government to
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 50.43 points as the ISE Ten Index moved from 3,038.84
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 50.43 points as the ISE Ten Index moved from 3,038.84
Bearish sentiments dominated on the Lahore Stock Exchange on Tuesday and the equities suffered losses amid sluggish trading trend. The LSE-25 index lost 89.25 points to 5608.51 against 5697.76 of Monday while transaction volume squeezed to 378,200 shares
Bearish sentiments dominated on the Lahore Stock Exchange on Tuesday and the equities suffered losses amid sluggish trading trend. The LSE-25 index lost 89.25 points to 5608.51 against 5697.76 of Monday while transaction volume squeezed to 378,200 shares
Pakistan's government, struggling to fulfil election promises to end daily power cuts, is shifting from big generation projects to less splashy reforms including new transmission systems, privatisation and better management. Since Prime Minister Nawaz Sha
Google on Tuesday updated its free map service to guide users of Android-powered smartphones to destinations without relying on Internet connections. An offline navigation feature previewed at a Google developers conference early this year began rolling o
India has eased foreign direct investment norms in 15 major sectors, including mining, defence, civil aviation and broadcasting, the government said on Tuesday, in a bid to drum up investment and speed growth. The announcement came as Prime Minister Naren
The combined opposition in Senate on Tuesday staged a walkout against reported signing of a "non-transparent" liquefied natural gas (LNG) deal with Qatar for 15 years. They lawmakers also staged a walkout against the maltreatment meted out to a Christian
The combined opposition in Senate on Tuesday staged a walkout against reported signing of a "non-transparent" liquefied natural gas (LNG) deal with Qatar for 15 years. They lawmakers also staged a walkout against the maltreatment meted out to a Christian
The combined opposition in Senate on Tuesday staged a walkout against reported signing of a "non-transparent" liquefied natural gas (LNG) deal with Qatar for 15 years. They lawmakers also staged a walkout against the maltreatment meted out to a Christian
The combined opposition in Senate on Tuesday staged a walkout against reported signing of a "non-transparent" liquefied natural gas (LNG) deal with Qatar for 15 years. They lawmakers also staged a walkout against the maltreatment meted out to a Christian
On Tues-day, BRIndex30 remained negative throughout the market time with a gradual plunge that started after midday and continued until market closing. It closed at 20,286.85 points with net change of -436.30 points. Total turnover was 107,462,700, which
On Tues-day, BRIndex30 remained negative throughout the market time with a gradual plunge that started after midday and continued until market closing. It closed at 20,286.85 points with net change of -436.30 points. Total turnover was 107,462,700, which
Stocks tumbled by 378 points Tuesday to close at 33,958.12 points from Monday''s 34,336.47 points weighed mainly by global markets turmoil. Equity analysts attribute the "major fall" to investors concern for uncertainty on international markets and pressu
Stocks tumbled by 378 points Tuesday to close at 33,958.12 points from Monday's 34,336.47 points weighed mainly by global markets turmoil. Equity analysts attribute the "major fall" to investors concern for uncertainty on international markets and pressur
Stocks tumbled by 378 points Tuesday to close at 33,958.12 points from Monday's 34,336.47 points weighed mainly by global markets turmoil. Equity analysts attribute the "major fall" to investors concern for uncertainty on international markets and pressur
The continued volatility in the exchange market has forced State Bank of Pakistan to take some measures aimed at reducing pressure on Pak Rupee (PKR). Not only did State Bank on Tuesday release a detailed statement on recent development in the exchange ma
The continued volatility in the exchange market has forced State Bank of Pakistan to take some measures aimed at reducing pressure on Pak Rupee (PKR). Not only did State Bank on Tuesday release a detailed statement on recent development in the exchange ma
The continued volatility in the exchange market has forced State Bank of Pakistan to take some measures aimed at reducing pressure on Pak Rupee (PKR). Not only did State Bank on Tuesday release a detailed statement on recent development in the exchange ma
Pakistani and Belarusian companies on Tuesday signed 13 MoUs and agreements in different sectors to enhance co-operation between the two countries. The MoUs and agreements were signed at Pakistan-Belarus business and investment forum here on the eve of th
Pakistani and Belarusian companies on Tuesday signed 13 MoUs and agreements in different sectors to enhance co-operation between the two countries. The MoUs and agreements were signed at Pakistan-Belarus business and investment forum here on the eve of th
Pakistani and Belarusian companies on Tuesday signed 13 MoUs and agreements in different sectors to enhance co-operation between the two countries. The MoUs and agreements were signed at Pakistan-Belarus business and investment forum here on the eve of th
Pakistan and Belarus on Tuesday inked 18 accords of co-operation in diverse fields including the joint launch of two Roadmaps on economic and humanitarian co-operation. The two countries inked seven agreements, six Memoranda of Understanding (MoUs) and th
Pakistan and Belarus on Tuesday inked 18 accords of co-operation in diverse fields including the joint launch of two Roadmaps on economic and humanitarian co-operation. The two countries inked seven agreements, six Memoranda of Understanding (MoUs) and th
Pakistan and Belarus on Tuesday inked 18 accords of co-operation in diverse fields including the joint launch of two Roadmaps on economic and humanitarian co-operation. The two countries inked seven agreements, six Memoranda of Understanding (MoUs) and th
The military leadership on Tuesday expressed its concerns over progress of implementation on National Action Plan, finalisation of Federally Administrated Tribal Areas (FATA) reforms and the ongoing JITs. According to ISPR, a Corps Commanders conference h
The military leadership on Tuesday expressed its concerns over progress of implementation on National Action Plan, finalisation of Federally Administrated Tribal Areas (FATA) reforms and the ongoing JITs. According to ISPR, a Corps Commanders conference h