Chief Election Commissioner Sardar Raza Khan Wednesday reportedly said that the release of funds under Prime Minister's Rs 341 billion Kissan Relief Package after the announcement of schedule for local government elections is a violation of code of conduc
Chief Election Commissioner Sardar Raza Khan Wednesday reportedly said that the release of funds under Prime Minister's Rs 341 billion Kissan Relief Package after the announcement of schedule for local government elections is a violation of code of conduc
Chief Election Commissioner Sardar Raza Khan Wednesday reportedly said that the release of funds under Prime Minister''s Rs 341 billion Kissan Relief Package after the announcement of schedule for local government elections is a violation of code of condu
Pakistan Peoples' Party (PPP) Wednesday submitted an adjournment motion in the National Assembly against the prospective imposition of additional taxes worth Rs 40 billion as per the directions of International Monetary Fund (IMF). The adjournment motion
Pakistan Peoples' Party (PPP) Wednesday submitted an adjournment motion in the National Assembly against the prospective imposition of additional taxes worth Rs 40 billion as per the directions of International Monetary Fund (IMF). The adjournment motion
President of Tajikistan Emomali Rahmon arrived here Wednesday on a two-day official visit for discussion on issues of mutual interests including co-operation in economic, energy, infrastructure development for rail and road links with Pakistani leadership
Finland was one of the toughest European critics of Greece during its debt crisis, chastising it for failing to push through reforms to revive its economy. Now the Nordic nation is struggling to overhaul its own finances as it seeks to claw its way out of
Italy's top bank UniCredit announced plans Wednesday to shed over 18,000 jobs in an effort to stay profitable as low interest rates and the weak economy weigh on earnings. The cuts are to save the bank 1.6 billion euros ($1.71 billion), the bank said in a
The world's top brewer Anheuser-Busch InBev clinched Wednesday a gigantic $121-billion deal for its nearest rival SABMiller, in the third biggest take-over in global corporate history. The blockbuster transaction, worth the equivalent of 112 billion euros
Chinese Internet users spent billions of dollars in the planet's biggest online shopping splurge Wednesday, as "Singles Day" hit new heights, despite slowing growth in the world's second-largest economy. The cumulative national bill for the day-long comme
Britain's unemployment rate hit a new seven-year low in the third quarter, while employment struck a record high, official data showed Wednesday. The rate - the proportion of the labour force without work - for the three months to the end of September sli
Four south American countries hope to relaunch stalled negotiations on a free trade deal with the European Union next month, Paraguay's President Horacio Cartes told AFP. "There are just a few details remaining to be resolved" before four members of the M
Australian miner PanAust is pushing ahead with work to firm up a giant Papua New Guinea copper/gold project, even in the face of low prices as the commodity cycle bottoms out, its managing director told Reuters. The miner, bought by China's state-owned Gu
Gold edged down towards a three-month low on Wednesday, failing to benefit from a softer dollar, as pressure from an anticipated US rate hike as soon as next month persisted. Platinum also came under pressure, sliding to its lowest in nearly seven years a
Gold ticked up on Wednesday as the dollar pared some of its recent gains, but the metal remained under pressure near a three-month low as outflows from bullion funds and an anticipated US rate hike weighed on the market. Assets in SPDR Gold Trust, the top
Gold fell toward a three-month low on Tuesday as the dollar hit a seven-month peak on prospects the US Federal Reserve will raise interest rates in December, while silver and platinum extended losses to multi-week troughs. "I don't think a December rate h
Cocoa futures in London consolidated on Wednesday just below the prior session's four-month high as the market waited to see the extent to which recent rains in Ivory Coast had improved the outlook for crops in the world's top grower. Raw sugar futures ex
Malaysian palm oil futures fell on Wednesday on an unexpected rise in production and a slightly stronger ringgit, resuming its downtrend after a one-session rise. The January benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange lost 2.2
US corn and soyabean futures fell to contract lows on Tuesday after the US Department of Agriculture raised its 2015 harvest forecasts by more than expected and increased estimates for end-of-season stocks. Wheat futures slumped for a third straight sessi
Benchmark Tokyo rubber futures climbed to their two-week high on Wednesday as investors continued to unwind short positions after last week's fall to a six-year low, but gains were limited by persistent worries about oversupply in Asia, dealers said.
Oil prices fell about 3 percent on Wednesday to their lowest since August on worries that US government data will show a seventh weekly build in crude inventories. US crude stocks jumped 6.3 million barrels last week, powered by a big rise at the Cushing,
Zinc and lead recovered from multi-year lows on Wednesday and copper steadied, having earlier veered towards a six-year trough after a gauge of top metals consumer China's factory health showed ongoing weakness in the world's top metals consumer.
Shanghai Futures Exchange copper came within a whisker of its weakest since July 2009, falling as far as 37,050 yuan a tonne on Wednesday, near the 37,030 hit in August, while Shfe aluminium flirted with the 10,000 yuan level which would be its weakest in
A downward trend was seen on the wholesale grain market on Wednesday in the process of trading, dealer said. On the cereals side, Masoor Dall Canada lost Rs 200 to Rs 10800 and Rs 10900, Guwar Sindh and Punjab followed same trend, losing Rs 300 to Rs 3700
Tea prices in Bangladesh were unchanged at the weekly auction on Tuesday, although sales rose on strong demand for quality grade amid higher supplies. Bangladeshi tea fetched an average 189.11 taka ($2.44) per kg at the twenty-sixth auction of the current
Official spot rate fell on the cotton market on Wednesday in the process of routine business, dealers said. The official spot rate lower by Rs 50 to Rs 5,250, dealers said. In Sindh, seed cotton prices were at Rs 2400 and Rs 2800 and in the Punjab rates w
The Karachi Port handled 129,234 tonnes of cargo comprising 106,518 tonnes of import cargo and 22,716 tonnes of export cargo including 3,660 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of
European wheat futures fell to a one-week low on Tuesday, pulled down by another fall on US markets, where the benchmark contract fell below $5, and slack export demand despite ongoing euro weakness against the dollar. Benchmark December on Paris-based Eu
US natural gas futures rose about 1 percent on Tuesday on forecasts for cooler weather that should boost heating demand a bit over the next two weeks, although mixed weather forecasts limited gains. Front-month gas futures on the New York Mercantile Excha
Export premiums for US soyabeans shipped from the Gulf Coast firmed on Tuesday as CIF barge basis values rose and as exporters anticipated renewed buying interest after a lull in demand as traders awaited a US government crop report. Corn and wheat premiu
China is considering offering subsidies to feed mills to lift domestic corn sales, while also trying to sell down its massive state reserves of the grain at discounted prices, industry sources said. The National Development and Reform Commission (NDRC), t
Wheat futures on the Chicago Board of Trade fell Tuesday, with benchmark December hitting a 2-1/2-week low, on technical selling and bearish data in monthly supply/demand reports from the US Department of Agriculture, traders said. The USDA raised its for
On Tuesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 3,676 million. The number of lots traded was 22.03 million. PMEX Commodity Index increased by 0.27 percent and closed at 2,575. Major business was contributed by gold amounting to PK
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
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
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (November 11, 2015).
Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (November 11, 2015).
The Azad Jammu and Kashmir Council has refused to give briefing to parliamentary body for not being constitutional part of Pakistan and the federation, saying the council is an organ of Azad state of Jammu and Kashmir and is not answerable Through a lette
The Azad Jammu and Kashmir Council has refused to give briefing to parliamentary body for not being constitutional part of Pakistan and the federation, saying the council is an organ of Azad state of Jammu and Kashmir and is not answerable Through a lette
The National Assembly Wednesday passed "The Pakistan Army (Amendment) Bill, 2015" to protect to witnesses, president, members of the court, defending officers, prosecutors and persons concerned with court proceedings. Parliamentary Secretary for Defence C
The National Assembly Wednesday passed "The Pakistan Army (Amendment) Bill, 2015" to protect to witnesses, president, members of the court, defending officers, prosecutors and persons concerned with court proceedings. Parliamentary Secretary for Defence C
The National Assembly Wednesday passed "The Pakistan Army (Amendment) Bill, 2015" to protect to witnesses, president, members of the court, defending officers, prosecutors and persons concerned with court proceedings. Parliamentary Secretary for Defence C
The federal government on Wednesday categorically stated that it will continue to pursue the National Action Plan (NAP) and all other initiatives to bring about a positive change in the life of common man. "However, it is to be noted that implementation o
The federal government on Wednesday categorically stated that it will continue to pursue the National Action Plan (NAP) and all other initiatives to bring about a positive change in the life of common man. "However, it is to be noted that implementation o
Members of the National Assembly Wednesday urged the federal government to improve governance and ensure implementation of National Action Plan to counter terrorism and extremism. Pakistan Tehreek-e-Insaf (PTI) leader Shafqat Mahmood said the ISPR stateme
Members of the National Assembly Wednesday urged the federal government to improve governance and ensure implementation of National Action Plan to counter terrorism and extremism. Pakistan Tehreek-e-Insaf (PTI) leader Shafqat Mahmood said the ISPR stateme
External risks have increased - and despite recent reforms Pakistan has limited buffers to absorb major shocks, says the World Bank (WB). The WB report "Pakistan Development Update", launched here on Wednesday has projected that Pakistan's Gross Domestic
External risks have increased - and despite recent reforms Pakistan has limited buffers to absorb major shocks, says the World Bank (WB). The WB report "Pakistan Development Update", launched here on Wednesday has projected that Pakistan's Gross Domestic
External risks have increased - and despite recent reforms Pakistan has limited buffers to absorb major shocks, says the World Bank (WB). The WB report "Pakistan Development Update", launched here on Wednesday has projected that Pakistan''s Gross Domestic
External risks have increased - and despite recent reforms Pakistan has limited buffers to absorb major shocks, says the World Bank (WB). The WB report "Pakistan Development Update", launched here on Wednesday has projected that Pakistan''''s Gross Domest
Shares swung to and fro but then slipped at the Lahore Stock Exchange amid an ascending transaction volume on Wednesday. The LSE-25 index declined by 4.04 points and closed at 5536.32 points against 5539.36 points of Tuesday, while the transaction volume
Pakistan handed hundreds of hectares of land over to China Wednesday for development of a special economic zone in the port of Gwadar, part of a $46 billion project giving Beijing greater access to the Middle East, Africa and Europe. The government of Bal
Pakistan handed hundreds of hectares of land over to China Wednesday for development of a special economic zone in the port of Gwadar, part of a $46 billion project giving Beijing greater access to the Middle East, Africa and Europe. The government of Bal
Exiled chief of Baloch Republican Party Brahamdagh Bugti has expressed his readiness for peace talks in Balochistan but said that the Chief Minister Dr Abdul Malik Baloch has no powers for negotiation. In an interview with BBC's Urdu Service, he said that
Exiled chief of Baloch Republican Party Brahamdagh Bugti has expressed his readiness for peace talks in Balochistan but said that the Chief Minister Dr Abdul Malik Baloch has no powers for negotiation. In an interview with BBC's Urdu Service, he said that
Improvements in collaboration between the banking industries of China and Pakistan became effective on Wednesday following ratification, the Ministry of Commerce (MoC) said. The banking service protocol of the service trade agreement for the Free Trade Ar