There has been no appreciable increase in the inflow of foreign direct investment (FDI) from China under the China Pakistan Economic Corridor (CPEC) in the current financial year 2016-17, it is learnt. Economic Affairs Division (EAD) sources revealed to <
Parliamentary Committee on the China-Pakistan Economic Corridor (CPEC) has called upon the government to immediately convene a meeting of all the provincial governments to finalise ToRs of Special Security Division (SSD). A meeting of the CPEC presided ov
Parliamentary Committee on the China-Pakistan Economic Corridor (CPEC) has called upon the government to immediately convene a meeting of all the provincial governments to finalise ToRs of Special Security Division (SSD). A meeting of the CPEC presided ov
Parliamentary Committee on the China-Pakistan Economic Corridor (CPEC) has called upon the government to immediately convene a meeting of all the provincial governments to finalise ToRs of Special Security Division (SSD). A meeting of the CPEC presided ov
While feeling growing pressure on foreign exchange reserves due to a persistence fall in exports, Finance Minister Ishaq Dar-led Economic Co-ordination Committee (ECC) of the Cabinet Monday has approved issuance of Sukuk Bonds to raise foreign inflows fro
While feeling growing pressure on foreign exchange reserves due to a persistence fall in exports, Finance Minister Ishaq Dar-led Economic Co-ordination Committee (ECC) of the Cabinet Monday has approved issuance of Sukuk Bonds to raise foreign inflows fro
While feeling growing pressure on foreign exchange reserves due to a persistence fall in exports, Finance Minister Ishaq Dar-led Economic Co-ordination Committee (ECC) of the Cabinet Monday has approved issuance of Sukuk Bonds to raise foreign inflows fro
While feeling growing pressure on foreign exchange reserves due to a persistence fall in exports, Finance Minister Ishaq Dar-led Economic Co-ordination Committee (ECC) of the Cabinet Monday has approved issuance of Sukuk Bonds to raise foreign inflows fro
On Monday, BRIndex30 opened at 23,037.27 points and remained positive throughout the trading session. It touched an intraday high of 23,429.83 points and an intraday low of 23,037.27 points and closed at 23,407.75 points which was 370.48 points or 1.61 pe
On Monday, BRIndex30 opened at 23,037.27 points and remained positive throughout the trading session. It touched an intraday high of 23,429.83 points and an intraday low of 23,037.27 points and closed at 23,407.75 points which was 370.48 points or 1.61 pe
A bullish trend was witnessed on the Pakistan Stock Exchange (PSX) Monday. Fresh buying was witnessed in bluechips mainly by local investors. The benchmark KSE-100 index surged by 438.81 points and closed at 40,220.76 points. Foreign investors remained ne
A bullish trend was witnessed on the Pakistan Stock Exchange (PSX) Monday. Fresh buying was witnessed in bluechips mainly by local investors. The benchmark KSE-100 index surged by 438.81 points and closed at 40,220.76 points. Foreign investors remained ne
A bullish trend was witnessed on the Pakistan Stock Exchange (PSX) Monday. Fresh buying was witnessed in bluechips mainly by local investors. The benchmark KSE-100 index surged by 438.81 points and closed at 40,220.76 points. Foreign investors remained ne
The Senate of Pakistan on Monday passed a unanimous resolution, demanding United Nations to hold an independent probe into Uri incident, to expose the sinister motives of India before the world. The resolution moved by leader of the House in Senate Raja Z
The Senate of Pakistan on Monday passed a unanimous resolution, demanding United Nations to hold an independent probe into Uri incident, to expose the sinister motives of India before the world. The resolution moved by leader of the House in Senate Raja Z
Foreign Office on Monday refuted the Indian claims on Jammu and Kashmir as its "integral part", saying the dispute is already on the agenda of United Nations Security Council and that India is trying to divert world attention from its atrocities on defenc
Foreign Office on Monday refuted the Indian claims on Jammu and Kashmir as its "integral part", saying the dispute is already on the agenda of United Nations Security Council and that India is trying to divert world attention from its atrocities on defenc
Chief of Army Staff General Raheel Sharif Monday said India is not serious towards resolution of Kashmir dispute. Addressing US CENTCOM Conference in Germany, the CoAS said terrorists could move across borders because of no effective border management sys
Chief of Army Staff General Raheel Sharif Monday said India is not serious towards resolution of Kashmir dispute. Addressing US CENTCOM Conference in Germany, the CoAS said terrorists could move across borders because of no effective border management sys
India began a campaign to isolate Pakistan at the United Nations on Monday, telling the 193- member General Assembly it was time to identify nations who nurture, peddle and export terrorism and isolate them if they don't join the global fight.
India began a campaign to isolate Pakistan at the United Nations on Monday, telling the 193- member General Assembly it was time to identify nations who nurture, peddle and export terrorism and isolate them if they don't join the global fight.
India's Supreme Court on Monday refused to grant an urgent hearing on a PIL seeking declaration of the India-Pakistan Indus Water Treaty as unconstitutional. "There is no urgency in the matter. It will come up for hearing in due course," a bench comprisin
India's Supreme Court on Monday refused to grant an urgent hearing on a PIL seeking declaration of the India-Pakistan Indus Water Treaty as unconstitutional. "There is no urgency in the matter. It will come up for hearing in due course," a bench comprisin
Pakistan is not concerned with the possibility of any violation of the Indus Water Treaty (IWT) 1960, brokered by the World Bank (the then International Bank for Reconstruction and Development), saying that the pact cannot be altered unilaterally. On Mond
Pakistan is not concerned with the possibility of any violation of the Indus Water Treaty (IWT) 1960, brokered by the World Bank (the then International Bank for Reconstruction and Development), saying that the pact cannot be altered unilaterally. On Mond
India will accelerate its building of new hydropower plants along three rivers that flow into Pakistan, a source familiar with the plan said on Monday, in a move likely to aggravate already tense relations with its neighbour a week after an attack on an I
India will accelerate its building of new hydropower plants along three rivers that flow into Pakistan, a source familiar with the plan said on Monday, in a move likely to aggravate already tense relations with its neighbour a week after an attack on an I
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Monday (September 26, 2016).
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
Pakistan Mercantile Exchange Limited (PMEX)is Pakistan's only licensed commodities futures exchange.PMEX has transformed into an efficient and vibrant Exchange developing at a rapid pace in recent times. The Exchange has been successful in increasing the
The infrastructure of the capital market is of utmost importance while considering the impact of any major reform as it has other equally important constituents such as the clearing house.
Pakistan's capital market is experiencing a revolutionary era of tremendous growth, stability and positive results. New standards and milestones are piling on, just as the index at the stock exchange continues to set new records.
The last decade witnessed a number of revolutionary changes in the Pakistani capital and financial markets. While the markets struggled to bounce back from the trickle-down effects of the global financial markets meltdown, the market regulators stepped up
It gives me great pleasure and encouragement to note that Pakistan is rapidly evolving as a regional economic power owing to the significant milestones achieved on the economic front. Looking back, I can quote a number of achievements which have set the t
Palm oil prices in Europe were lower on Friday, erasing some of the market's sharp gains earlier in the week, on forecasts that production should rebound and the view that the run-up in prices had been overdone. Sellers of RBD palm olein cut offers by $7.
Asia's naphtha crack fell 4 percent from a nearly four-month high to $58.48 a tonne on Friday though that was still more than double the value from a month ago due to a drop off in supplies coming to the region. Asia is set to receive about 650,000 tonnes
Export premiums for soyabeans shipped from the US Gulf Coast were lower on Friday as CIF barge basis values dropped and supplies of newly harvested soyabeans continued to swell amid harvesting in the southern Midwest and Delta, traders said. CIF soyabean
Chicago Board of Trade soft red winter wheat futures fell on Friday, with ample global supplies anchoring prices even as India looks to boost its imports, traders said. End-of-week short-covering limited the declines in wheat. The Indian government on Fri
US natural gas futures on Friday slipped to the lowest level in four days on forecasts for cooler weather and less air conditioning demand over the next two weeks. Traders also noted that Thursday's 2 percent slide after a report showing a neutral storage
European wheat futures edged lower on Friday, pressured by earlier weakness in Chicago as hefty global supplies continued to hang over the market despite hopes of renewed import demand from India and Egypt. Benchmark December milling wheat on Euronext set
A sustained buying by mills and spinners failed to stop decline in prices on the cotton market on Monday in the process of trading, dealers said. The official spot rate was down by Rs 100 to Rs 6050, dealers said. In Sindh, seed cotton prices were down at
India has cut import taxes on wheat, crude palm oil and refined vegetable oils, a finance ministry order showed on Friday, as part of efforts to curb food inflation. New Delhi lowered the wheat import tax to 10 percent from 25 percent and cut the import d
Freight rates for very large crude carriers (VLCCs) are likely to remain under pressure next week as charterers drip-feed cargo in the face of surplus tonnage, shipbrokers said. "The market is going sideways. Owners are trying to lift rates but it is very
At Pakistan Mercantile Exchange Limited (PMEX), on Friday value traded was PKR 5.12 billion and the number of lots traded was 15,268. PMEX Commodity Index closed at 2,918. Major business was contributed by currencies through COTS amounting to PKR 1.97 bil
Shanghai steel futures stretched gains to touch a two-week high on Monday following recent similar rises in raw material iron ore, although a shaky demand outlook capped the upside. China's steel demand is likely to shrink for a third year in a row, even