The heavily indebted Indian liquor baron Vijay Mallya has fled the country, the Supreme Court heard on Wednesday, as banks lined up to try to recover more than $1 billion in unpaid loans. A group of mainly state-run banks had asked the Supreme Court to pr
Public Accounts Committee (PAC) on Wednesday showed serious reservations over giving benefits to M/s Husnain Cotex (Construction Company) while awarding road contracts and underscored the need for blacklisting the company. While examining the audit report
Public Accounts Committee (PAC) on Wednesday showed serious reservations over giving benefits to M/s Husnain Cotex (Construction Company) while awarding road contracts and underscored the need for blacklisting the company. While examining the audit report
Public Accounts Committee (PAC) on Wednesday showed serious reservations over giving benefits to M/s Husnain Cotex (Construction Company) while awarding road contracts and underscored the need for blacklisting the company. While examining the audit report
Argentines exasperated over their soaring electricity bills barged into a TV station and attacked a minister who was being interviewed about the increases, which reach as high as 700 percent. Video of the incident showed Adolfo Safran, the finance ministe
Argentines exasperated over their soaring electricity bills barged into a TV station and attacked a minister who was being interviewed about the increases, which reach as high as 700 percent. Video of the incident showed Adolfo Safran, the finance ministe
Muttahida Qaumi Movement (MQM) on Wednesday denied rumours regarding deteriorating health of the party chief Altaf Hussain. In a statement, Nadeem Nusrat, London-based MQM convenor, said Altaf Hussain is in good health, terming rumours 'lies and baseless'
Muttahida Qaumi Movement (MQM) on Wednesday denied rumours regarding deteriorating health of the party chief Altaf Hussain. In a statement, Nadeem Nusrat, London-based MQM convenor, said Altaf Hussain is in good health, terming rumours 'lies and baseless'
Schools were ordered shut, flights suspended and the stock market was closed down in the United Arab Emirates as rare heavy rain hit the desert Gulf state on Wednesday. Education authorities said schools will stay closed Thursday as more thundery weather
Schools were ordered shut, flights suspended and the stock market was closed down in the United Arab Emirates as rare heavy rain hit the desert Gulf state on Wednesday. Education authorities said schools will stay closed Thursday as more thundery weather
Offshore schemes operated by UBS and Deutsche Bank in a bid to avoid paying income tax on bankers'' bonuses are not exempt from tax, the Supreme Court in London ruled Wednesday. British tax authorities, who brought the court action, said the schemes set u
Offshore schemes operated by UBS and Deutsche Bank in a bid to avoid paying income tax on bankers' bonuses are not exempt from tax, the Supreme Court in London ruled Wednesday. British tax authorities, who brought the court action, said the schemes set up
Offshore schemes operated by UBS and Deutsche Bank in a bid to avoid paying income tax on bankers' bonuses are not exempt from tax, the Supreme Court in London ruled Wednesday. British tax authorities, who brought the court action, said the schemes set up
Interior Minister Chaudhry Nisar Ali Khan here on Wednesday ordered an investigation against Inspector General of Police (IGP) Balochistan for providing fabricated information regarding the recovery of slain Salmaan Taseer's son Shahbaz Taseer. Chaudhry N
Interior Minister Chaudhry Nisar Ali Khan here on Wednesday ordered an investigation against Inspector General of Police (IGP) Balochistan for providing fabricated information regarding the recovery of slain Salmaan Taseer's son Shahbaz Taseer. Chaudhry N
Federal Finance Minister Ishaq Dar said that here on Wednesday that efforts are under way to separate the economy from politics for achieving 18th ranking in the world''s good economies as against the current ranking of 44. "Qatar, Saudi Arabia, Turkey an
Federal Finance Minister Ishaq Dar said that here on Wednesday that efforts are under way to separate the economy from politics for achieving 18th ranking in the world's good economies as against the current ranking of 44. "Qatar, Saudi Arabia, Turkey and
Federal Finance Minister Ishaq Dar said that here on Wednesday that efforts are under way to separate the economy from politics for achieving 18th ranking in the world's good economies as against the current ranking of 44. "Qatar, Saudi Arabia, Turkey and
The federal government has yet to release any amount for the land acquisition / construction of western alignment of the China Pakistan Economic Corridor (CPEC) under the public sector development programme (PSDP) 2015-16, which may delay the project''s e
The federal government has yet to release any amount for the land acquisition / construction of western alignment of the China Pakistan Economic Corridor (CPEC) under the public sector development programme (PSDP) 2015-16, which may delay the project's ex
The federal government has yet to release any amount for the land acquisition / construction of western alignment of the China Pakistan Economic Corridor (CPEC) under the public sector development programme (PSDP) 2015-16, which may delay the project's ex
On Wednesday, BRIndex30 opened at 20,512.26 points. It touched an intraday high of 20,659.27 points and an intraday low of 20,424.37 points and closed at 20,514.58 points which was 2.32 points or 0.01 percent higher than previous close. Total volume was 1
On Wednesday, BRIndex30 opened at 20,512.26 points. It touched an intraday high of 20,659.27 points and an intraday low of 20,424.37 points and closed at 20,514.58 points which was 2.32 points or 0.01 percent higher than previous close. Total volume was 1
Negative sentiment prevailed on Pakistan Stock Exchange (PSX) Wednesday. Investor preferred profit-taking in select scrips, pulling down the benchmark KSE-100 index below 33,000-point mark. Hammad Aman, Manager of Equity at Topline, said after gaining 7.8
Negative sentiment prevailed on Pakistan Stock Exchange (PSX) Wednesday. Investor preferred profit-taking in select scrips, pulling down the benchmark KSE-100 index below 33,000-point mark. Hammad Aman, Manager of Equity at Topline, said after gaining 7.8
Negative sentiment prevailed on Pakistan Stock Exchange (PSX) Wednesday. Investor preferred profit-taking in select scrips, pulling down the benchmark KSE-100 index below 33,000-point mark. Hammad Aman, Manager of Equity at Topline, said after gaining 7.8
Democratic frontrunner Hillary Clinton suffered a surprise loss to challenger Bernie Sanders in a major state primary Tuesday, as billionaire Donald Trump notched a trio of easy victories in the Republican presidential nomination race. The former secretar
Democratic frontrunner Hillary Clinton suffered a surprise loss to challenger Bernie Sanders in a major state primary Tuesday, as billionaire Donald Trump notched a trio of easy victories in the Republican presidential nomination race. The former secretar
The Upper House of Parliament on Wednesday deferred a report of Senate Special Committee on Gas Development Infrastructure Cess (GIDC) Bill after Petroleum Ministry refused to give assurance that it would adopt it. The State Minister for Petroleum and Nat
The Upper House of Parliament on Wednesday deferred a report of Senate Special Committee on Gas Development Infrastructure Cess (GIDC) Bill after Petroleum Ministry refused to give assurance that it would adopt it. The State Minister for Petroleum and Nat
The Upper House of Parliament on Wednesday deferred a report of Senate Special Committee on Gas Development Infrastructure Cess (GIDC) Bill after Petroleum Ministry refused to give assurance that it would adopt it. The State Minister for Petroleum and Nat
The slump in Chinese growth and its nascent economic transition was the key factor in a sharp slowdown last year in global trade, the World Bank said Wednesday. Trade, as measured by total merchandise import volumes, rose only 1.7 percent in 2015, down fr
The slump in Chinese growth and its nascent economic transition was the key factor in a sharp slowdown last year in global trade, the World Bank said Wednesday. Trade, as measured by total merchandise import volumes, rose only 1.7 percent in 2015, down fr
The slump in Chinese growth and its nascent economic transition was the key factor in a sharp slowdown last year in global trade, the World Bank said Wednesday. Trade, as measured by total merchandise import volumes, rose only 1.7 percent in 2015, down fr
The slump in Chinese growth and its nascent economic transition was the key factor in a sharp slowdown last year in global trade, the World Bank said Wednesday. Trade, as measured by total merchandise import volumes, rose only 1.7 percent in 2015, down fr
The Federal Board of Revenue (FBR) has started stock inventory of all withholding agents to verify whether agents have accurately deducted and deposited the due amount of tax on 40 different kinds of areas/sectors where withholding tax is applicable in 20
The Federal Board of Revenue (FBR) has started stock inventory of all withholding agents to verify whether agents have accurately deducted and deposited the due amount of tax on 40 different kinds of areas/sectors where withholding tax is applicable in 20
The Federal Board of Revenue (FBR) has started stock inventory of all withholding agents to verify whether agents have accurately deducted and deposited the due amount of tax on 40 different kinds of areas/sectors where withholding tax is applicable in 20
The Federal Board of Revenue (FBR) has proposed a procedure to provide mechanism for determining/rectifying date of acquisition of securities for calculation of Capital Gains Tax (CGT) on disposal of securities. The FBR has proposed amendments to the Inco
The Federal Board of Revenue (FBR) has proposed a procedure to provide mechanism for determining/rectifying date of acquisition of securities for calculation of Capital Gains Tax (CGT) on disposal of securities. The FBR has proposed amendments to the Inco
The Federal Board of Revenue (FBR) has proposed a procedure to provide mechanism for determining/rectifying date of acquisition of securities for calculation of Capital Gains Tax (CGT) on disposal of securities. The FBR has proposed amendments to the Inco
National Accountability Bureau (NAB) on Wednesday said that an inquiry into billions of rupees of inland freight subsidy approved for sugar industry in 2013 will be completed within one month. A team of NAB, headed by Director Nauman Aslam, informed a par
National Accountability Bureau (NAB) on Wednesday said that an inquiry into billions of rupees of inland freight subsidy approved for sugar industry in 2013 will be completed within one month. A team of NAB, headed by Director Nauman Aslam, informed a par
National Accountability Bureau (NAB) on Wednesday said that an inquiry into billions of rupees of inland freight subsidy approved for sugar industry in 2013 will be completed within one month. A team of NAB, headed by Director Nauman Aslam, informed a par
Asad Umar, stalwart of Pakistan Tehreek-e-Insaf (PTI), was all praises for Prime Minister Nawaz Sharif describing him as "high-quality" decision-maker. He made these remarks while presiding over a meeting of a parliamentary body on Wednesday.
Asad Umar, stalwart of Pakistan Tehreek-e-Insaf (PTI), was all praises for Prime Minister Nawaz Sharif describing him as "high-quality" decision-maker. He made these remarks while presiding over a meeting of a parliamentary body on Wednesday.
Asad Umar of Pakistan Tehreek-e-Insaf on Wednesday recommended that the government should import at least four ships of urea to bring down price of fertiliser as domestic fertilizer manufacturers are fleecing the poor farmers. Presiding over a meeting of
Asad Umar of Pakistan Tehreek-e-Insaf on Wednesday recommended that the government should import at least four ships of urea to bring down price of fertiliser as domestic fertilizer manufacturers are fleecing the poor farmers. Presiding over a meeting of
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
Asad Umar of Pakistan Tehreek-e-Insaf on Wednesday recommended that the government should import at least four ships of urea to bring down price of fertiliser as domestic fertilizer manufacturers are fleecing the poor farmers. Presiding over a meeting of
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
The World Twenty20 match between arch rivals India and Pakistan has been shifted from the northern Indian hill town of Dharamsala at the last minute after Pakistan expressed security concerns, organisers said Wednesday. International Cricket Council Chief