Nishat Power Limited has posted Rs 732.969 million as profit after tax in the quarter ended September 30, 2016 as compared to Rs 929.553 million earned in the corresponding quarter in 2015. The company's earning per share has surged to Rs 2.070 in the per
Secretary General, Jamaat-e-Islami, Liaqat Baloch, has said that Prime Minister Nawaz Sharif and his team were responsible for the present crisis and the key to the solution was also with them. Addressing a press conference at the Lahore Press Club on Mon
Leaders of ruling Pakistan Muslim League-Nawaz (PML-N) on Monday vowed to maintain normal life during Tehreek-e-Insaf (PTI) Islamabad lockdown on November 2. Addressing a press conference, Talal Chaudhary and Mohammad Zubair Umar said PTI chairman Imran K
Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi has said that Pakistan has initiated negotiations with over six different countries for import of LNG to overcome the gas shortage issue in the country. "We have started talks with
The consolidated profit after tax of Fauji Fertilizer Bin Qasim (FFBL) has increased to Rs 244.80 million in the quarter ended September 30, 2016 as compared to Rs 169.319 million earned in the same quarter in 2015. The board of directors of the company i
The consolidated profit after tax of Fauji Fertilizer Bin Qasim (FFBL) has increased to Rs 244.80 million in the quarter ended September 30, 2016 as compared to Rs 169.319 million earned in the same quarter in 2015. The board of directors of the company i
On Monday, BRIndex30 opened at 23,620.65 and remained negative throughout the trading session. It touched an intraday high of 23,620.65 and an intraday Low of 23,270.53 and closed at 23,302.95 which was-317.7 points or -1.35 percent lower than previous cl
Palmkernel oil prices in Europe rose on Friday, extending this week's advance in a market boosted by strong demand. Sellers raised prices for Malaysian/Indonesian palmkernel oil for November/December shipment to $1,340 per tonne on Friday, up $55 from a d
Gasoline refining margins in north-west Europe ended the week on a steady note at above $9 a barrel, and were supported by firm overseas demand, refinery turnarounds and an inventory drawdown. Demand for gasoline from the United States and for reformate f
Tea prices in Bangladesh fell about 2.8 percent at the weekly auction on Tuesday as lower demand for inferior quality tea weighed on sentiment though a fall in supplies capped any further decline. Bangladesh tea fetched an average of 214.70 taka ($2.80) p
Spot basis bids for soyabeans and corn mostly declined in the US Midwest on Friday, as harvest neared completion for soyabeans and corn fieldwork progressed, grain merchants said. Basis bids for soyabeans declined by 5-12 cents per bushel along the Missis
China's state stockpiler Sinograin will start buying corn from farmers in the country's top growing province of Heilongjiang, state news agency Xinhua reported on Thursday, in a move aimed to ease pressure on farmers. The reserve will buy a total 440,000
Today 69th Foundation Day of AJ&K is being celebration with traditional zeal and zest to reinforce the great cause that led to setting up of state of AJ&K; and to reaffirm the commitment to continue the struggle to liberate the part of Kashmir occupied by
WITH THE NAME OF ALLAH, The people of AJ&K and the refugees in Pakistan are celebrating 69th Foundation Day of the state of AJ&K. Let me congratulate from the core of my heart the whole Kashmiri nation on this auspicious day.
WITH THE NAME OF ALLAH, I present my heartiest congratulation to the whole Kashmiri nation on this auspicious day the 69th Foundation day of the state of AJ&K and re-affirm the commitment that state of AJ&K will extend every kind of support to people of o
69th Foundation Day of AJ&K is being celebrated with great enthusiasm and ferventness, which will pave the way forward for political, economic and social Definitely 24 October reminds us the happy moments when this state of AJ&K came into-being but it als
Government of the Base camp of the freedom movement in occupied Kashmir led by AJK Prime Minister Raja Farooq Haider Khan is playing its due role in promoting freedom struggle of Kashmiris in occupied Kashmir against Indian occupation on national and inte
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
Pakistan Awami Tehreek (PAT) head Dr Tahir ul Qadri on Monday accepted PTI Chairman Imran Khan's invitation to join his party's planned November 2 protest in Islamabad. According to well-placed sources, Imran Khan contacted Dr Tahir ul Qadri and requested
Pakistan Awami Tehreek (PAT) head Dr Tahir ul Qadri on Monday accepted PTI Chairman Imran Khan's invitation to join his party's planned November 2 protest in Islamabad. According to well-placed sources, Imran Khan contacted Dr Tahir ul Qadri and requested
Brazilian aerospace company Embraer SA on Monday settled with US authorities for $205 million over bribery allegations in the Dominican Republic, Saudi Arabia, and Mozambique. The company took in nearly $84 million in profits on aircraft sales after payin
Brazilian aerospace company Embraer SA on Monday settled with US authorities for $205 million over bribery allegations in the Dominican Republic, Saudi Arabia, and Mozambique. The company took in nearly $84 million in profits on aircraft sales after payin
Brazilian aerospace company Embraer SA on Monday settled with US authorities for $205 million over bribery allegations in the Dominican Republic, Saudi Arabia, and Mozambique. The company took in nearly $84 million in profits on aircraft sales after payin
An Interactive Session on 'Healthcare for the Less-privileged' was recently organized by the students of Public Relations and Corporate Communication of the Institute of Business Management (IoBM). The program invited leading corporate professionals worki
Gunmen stormed a police training centre in Sariab Road Monday, leaving at least 22 people wounded, hours after another attack killed two customs officers and wounded a third, authorities said. No one immediately claimed responsibility for either attack. I
Gunmen stormed a police training centre in Sariab Road Monday, leaving at least 22 people wounded, hours after another attack killed two customs officers and wounded a third, authorities said. No one immediately claimed responsibility for either attack. I
Two children and another civilian were killed along with a soldier in firing across the border between India and Pakistan, officials from both sides said Monday, as tensions soar between the nuclear-armed rivals. Pakistan's military said an 18-month-old g
Two children and another civilian were killed along with a soldier in firing across the border between India and Pakistan, officials from both sides said Monday, as tensions soar between the nuclear-armed rivals. Pakistan's military said an 18-month-old g
The United States will deploy over 300 troops in Norway, the Norwegian government announced Monday, in a move set to upset neighbouring Russia. The 330 Marines, to be stationed on rotation around 1.000 kilometres (600 miles) from the Russian border, will
PML-N Government on Monday vowed to block protests in Islamabad if opposition leader Imran Khan pushes ahead with plans to shut down the government and transport in the capital from November 2. The threatened protest has prompted worries of a repeat of a
PML-N Government on Monday vowed to block protests in Islamabad if opposition leader Imran Khan pushes ahead with plans to shut down the government and transport in the capital from November 2. The threatened protest has prompted worries of a repeat of a
Europe suffered a new blow when Belgium conceded it could not give the support needed for the EU to seal a landmark free trade deal with Canada by a late Monday deadline. The development deepened the turmoil in a European Union shaken by a series of crise
Europe suffered a new blow when Belgium conceded it could not give the support needed for the EU to seal a landmark free trade deal with Canada by a late Monday deadline. The development deepened the turmoil in a European Union shaken by a series of crise
Europe suffered a new blow when Belgium conceded it could not give the support needed for the EU to seal a landmark free trade deal with Canada by a late Monday deadline. The development deepened the turmoil in a European Union shaken by a series of crise
Pakistan Stock Exchange remained under pressure throughout the day Monday due to increasing political uncertainty and the start of the roll-over week. The benchmark KSE-100 index declined by 439.40 points to close at 40.852.03 points, weighed mainly by ba
Pakistan Stock Exchange remained under pressure throughout the day Monday due to increasing political uncertainty and the start of the roll-over week. The benchmark KSE-100 index declined by 439.40 points to close at 40.852.03 points, weighed mainly by ba
Pakistan Stock Exchange remained under pressure throughout the day Monday due to increasing political uncertainty and the start of the roll-over week. The benchmark KSE-100 index declined by 439.40 points to close at 40.852.03 points, weighed mainly by ba
Cotton futures dipped on Monday, settling lower for the fifth straight session, on commercial hedge pressure as the market awaited a crop progress report later in the day. The December cotton contract on ICE Futures US hit a low of 68.53 cents a lb on Mon
IRIS, the Federal Board of Revenue's (FBR) portal that allows online submission for refund claims, has been non-functional since August 2016, according to a Business Recorder exclusive. Any attempt to open the portal since then has been met wit
The Zarb-e-Azb against enemy behind the bush in the tough mountainous tribal region was a war of another kind - it was no conventional military operation but a war for peace. It had to be won, because losing it was just no option. This war has been won; s
The recent Annual Portfolio Review of the Asian Development Bank (ADB) blames the performance of Pakistani contractors and project execution supervising agencies for delayed completion of the projects, and consequent escalation of their costs - ills whose
Speculations regarding new moves and developments in the stalled Afghan peace process have been triggered by the visit of a Taliban delegation to Pakistan. The three-member delegation comprises former Afghan Taliban ambassador to Saudi Arabia and Pakistan
An easier trend was witnessed on the money market on Monday as the rupee fell modestly against the dollar in process of trading, dealers said. The rupee extended weekend slide versus the dollar, dropping four paisas for buying and selling at Rs 104.84 and
It has taken two years of training a demoralised army, and the backing of the air cover and special forces of the world's greatest powers, for Iraq to mount an offensive to recapture Mosul from Islamic State. Almost a week into the US-led onslaught, many
An easier trend was witnessed on the money market on Monday as the rupee fell modestly against the dollar in process of trading, dealers said. The rupee extended weekend slide versus the dollar, dropping four paisas for buying and selling at Rs 104.84 and