Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (November 03, 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
Thousands of citizens of Lahore, one the world's most polluted cities, complained Thursday of breathing difficulties and irritable eyes as a blanket of thick smog was forecast to persist for several days.
The Provincial Development Working Party (PDWP) held its meeting under the chairmanship of Muhammad Azam Khan, the Additional Chief Secretary (ACS) Khyber Pakhtunkhwa here Thursday. The meeting was attended by its members and respective administrative Sec
Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Thursday said that despite passage of seven months, the children of Prime Minister Nawaz Sharif are still seeking time, "which shows what they want in Panama leaks scandal."
Jean-François Cautain has been serving within European Union (EU) institutions since 2001, mainly in the field of EU external relations. His main areas of expertise include: international cooperation and assistance to developing countries, political analy
Jean-François Cautain has been serving within European Union (EU) institutions since 2001, mainly in the field of EU external relations. His main areas of expertise include: international cooperation and assistance to developing countries, political analy
That it was a highly impressive show of Pakistan Tehrik-e-Insaf at Islamabad's Parade Ground on Wednesday night is a fact. The participation of PTI workers and supporters in such a huge number must have given a boost to the morale of PTI which seemed to h
The convoy had stopped for prayers in a Taliban stronghold in southern Afghanistan when the Hellfire missiles came out of a clear blue sky, incinerating vehicles and liquidating 23 unarmed civilians.
Whenever in trouble the Sharifs have always successfully fought for time, delaying things till the problem dies a natural death. This time despite filibustering for months the government could not (1) side-track the Panamagate revelations, the Supreme Cou
The Supreme Court of Pakistan on November 1, 2016 took a serious notice of inaction of National Accountability Bureau (NAB) regarding disclosures in Panama Leaks, showing names of offspring of Prime Minister, public officeholders and many others doing cla
They knew it was coming. A day before the ship they were to break exploded into an inferno, they had come to the Karachi Press Club to foretell their foreboding. As a rule, the oil tanker they were to break had to be thoroughly cleaned of traces of oil fo
The Federal Board of Revenue (FBR) has reportedly missed the tax collection target for the first four months of the current fiscal year by 82 billion rupees - budgeted at 942 billion rupees with actual collections at 860 billion rupees. The reason for thi
Shanghai Futures Exchange copper cut early losses to trade up 0.4 percent at 38,990 yuan ($5,769) a tonne on Thursday after a tightening US presidential race sparked profit-taking, with a softer US dollar and encouraging economic signals from top user Chi
Zinc prices climbed to their highest level in more than five years on Thursday, supported by a weaker dollar and buying from computer-driven speculative funds that also helped copper to a three-month high.
Nigeria's oil production has fallen by at least 200,000 barrels per day (bpd) since a militant attack forced the closure of the major Trans Forcados Pipeline (TFP) on Wednesday, industry sources said. The attack pushes the west African country's output ba
Cotton futures fell on Thursday, registering a more than three-week low during the session, on speculator liquidation as index funds continued to roll positions.
Oil prices settled down more than 1 percent on Thursday as investors reeled from a record weekly surge in US crude inventories, and remained skeptical about whether Opec can actually implement its planned output cap.
Ukraine, which plans to increase this year's white beet sugar output by around a third, has produced 1.0 million tonnes so far of a planned 2 million tonnes, Ukrainian sugar producers' union, Ukrtsukor, said on Tuesday. Sugar refineries have processed a t
Malaysian palm oil futures rose for a second consecutive session, supported by concerns about lower output despite a weaker performance by rival vegetable oils on Thursday evening. Benchmark palm oil futures for January on the Bursa Malaysia Derivatives E
Arabica coffee futures on ICE rose for the second straight day and flirted with a 21-month high on Thursday, on heavy fund buying as traders kept a close watch on the market's record high open interest.
Gold rallied to a one-month high on Wednesday, as uncertainty over the outcome of the US election knocked stocks and the dollar lower, but bullion pared gains slightly after the Federal Reserve held interest rates steady as expected.
Gold rose on Thursday, shrugging off signals from the Federal Reserve that it could hike interest rates next month, as uncertainty over the outcome of the US presidential election hurt the dollar and upheld the safe-haven demand for bullion.
Gold edged higher on Thursday in response to a lower dollar and also uncertainty about the outcome of a tight US presidential race. Democrat Hillary Clinton maintained her narrow lead over Republican rival Donald Trump just days ahead of the November 8 el
US wheat futures fell more than 1 percent and soyabean prices rose slightly on Thursday, with each market taking cues from US Department of Agriculture export sales data, traders said. Export sales of 2.5 million tonnes of US soyabeans and 1.47 million to
Gold edged higher on Thursday in response to a lower dollar and also uncertainty about the outcome of a tight US presidential race. Democrat Hillary Clinton maintained her narrow lead over Republican rival Donald Trump just days ahead of the November 8 el
On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,952. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 6.36 billion and the number of lots traded was 12,127.
Spot basis bids for corn were mixed in the US Midwest on Tuesday afternoon, while wheat basis bids were up near Chicago, grain merchants said. Corn basis bids firmed by 2-5 cents per bushel in processors and elevators near Chicago, but eased by 2-3 cents
Tea prices in Bangladesh fell about 4 percent at the weekly auction on Tuesday due to lower demand for inferior quality leaf, but a fall in supplies prevented a steeper decline. Bangladesh tea fetched an average of 199.49 taka ($2.50) per kg at the auctio
Chicago Board of Trade wheat futures fell on Tuesday on technical selling at the start of the month and spillover weakness from soybeans and corn, traders said. CBOT December wheat settled down 2 cents at $4.14-1/4 per bushel.
The Karachi Port handled 103,157 tonnes of cargo comprising 87,114 tonnes of import cargo and 16,043 tonnes of export cargo including 2,126 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday
Prices dropped further on the cotton market on Thursday after release of the Pakistan Cotton Ginners Association figures of cotton arrivals, dealers said. The official spot rate was unchanged at Rs 5900, dealers said. In Sindh, seed cotton prices were sam
Prices of ready seedcotton (Kapas/Phutti) decreased by about Rs 50 per 40 Kgs this week, while lint prices are reported to have conceded Rs 50 to Rs 100 per maund (30.32Kgs) due to increased arrivals. The Pakistan Cotton Ginners Association (PCGA) has als
Prices of ready seedcotton (Kapas/Phutti) decreased by about Rs 50 per 40 Kgs this week, while lint prices are reported to have conceded Rs 50 to Rs 100 per maund (30.32Kgs) due to increased arrivals. The Pakistan Cotton Ginners Association (PCGA) has als
Novak Djokovic, fighting to extend his run as world number one, recovered from an early wobble to defeat Grigor Dimitrov in the last 16 of the Paris Masters on Thursday. The record four-time champion will remain above the in-form Andy Murray at the top of
Although Pakistan Cricket Board (PCB) has announced schedule of the 2nd edition of the Pakistan Super League (PSL), it is not clear as to whether the final of PCB's showpiece event will be staged in Lahore. As per schedule, the 2nd edition of the HBL Paki
FIFA fined Iran and slapped them with a warning over "several religious manifestations" during a recent World Cup qualifier in Tehran, one of numerous countries punished on Thursday.
FIFA general secretary Fatma Samba Diouf Samoura has warned England and Scotland they could face sanctions if their teams wear commemorative poppies in their November 11 game.
Titleholders Real Madrid and English Premier League winners Leicester must both wait to take their place in the last 16 of the Champions League after they could only manage draws Wednesday on a night which saw just Dortmund advance.
Carlton Tower qualified for the main final of the Fresher Juice Polo Cup 2016 while Qatalpur moved for the subsidiary final here the Lahore Polo Club (LPC) on Thursday.
Bangladesh's teenage spin sensation Mehedi Hasan is to have a new home built for him on the orders of Prime Minister Sheikh Hasina after his match-winning heroics in the historic Test victory over England.
A failed decision review capped a miserable day for South Africa on the opening day of their first Test against Australia at the WACA Ground on Thursday. After fast bowler Mitchell Starc returned in style with four wickets to help Australia dismiss South
Sana Liaqat hits an unbeaten knock of 44 runs by guiding Peshawar to 109 runs victory against defending champion Mardan in the crucial tie of the All-Pakistan Invitational Twenty20 Women Cricket Tournament being played here at Arbab Niaz Cricket Stadium o
West Indies secured their first victory since May 2015 as opener Kraigg Brathwaite capped a brilliant match with an unbeaten half-century in the third Test against Pakistan at Sharjah Thursday.
Russia's economy ministry wants to raise almost 1 trillion roubles ($15.8 billion) from selling state stakes in major companies over 2017-2019 and sees no risks if Russia were to double its debt burden, Economy Minister Alexei Ulyukayev told Reuters in an
China's growing debt and property risks have touched off an internal debate over whether China should tolerate growth as low as 6 percent in 2017 to allow more room for painful reforms aimed at reducing industrial overcapacity and indebtedness.
The heads of Turkey's biggest banks have promised Prime Minister Binali Yildirim they will support economic growth, the premier's office said on Wednesday, following repeated calls from the government for cheaper credit.
Australia and New Zealand Banking Group (ANZ) plans to return to growth in its institutional business in Asia after the sale of its wealth and retail businesses in five regional markets, senior executives of the bank said on Monday.
Irish low-cost airline Ryanair on Wednesday said it would base two aircraft at Frankfurt airport, Germany's busiest, serving sun-soaked tourist destinations in Portugal and Spain - sparking outrage among German competitors. Ryanair hopes to bring 400,000
Provincial Doctors' Association (PDA) has asked Chief Minister Pervez Khattak for removing of lacunas from Medical Teaching Institutions Act 2015 and for this they had submitted a formal written application with the later.
Following the directives of Interior Minister Chaudhry Nisar Ali Khan, a case has been registered against an employee of National Database and Registration Authority (Nadra) in Pakistan embassy in Kuwait over embezzlement of Rs8.2 million.
The TAPI gas pipeline's early completion would bring 13.8 billion cubic meters gas from Turkmenistan to Pakistan to cater for its growing energy demand and strengthen the country's energy security.
Free market policy will continue and government will pull completely out of cotton business and focus mainly on regulation, said Aamer Irshad Chief Food and Agriculture Planning Commission.
Paksitan People's Party (PPP) on Thursday submitted a calling attention notice in the National Assembly Secretariat regarding the explosion in an oil tanker at Gadani ship-breaking yard in which more than 18 people were killed and many sustained serious i
Akshaya Mukul, a journalist from The Times of India, refused to receive the celebrated Ramnath Goenka Excellence in Journalism Award for 2016 on the grounds that it was being given away by Prime Minister Narendra Modi. According to a report, Mukul boycott