Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (February 02, 2017).
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
Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Thursday said if Pakistan Cricket Board (PCB) wants to improve cricket, it must get rid of blue-eyed boys and bring in the experts who understand cricket.
Cotton futures rose two percent on Wednesday and surged to a near six-month high, buoyed by fund buying and expectations of rise in purchases ahead of the expiry of March contract fixation. The March cotton contract on ICE Futures US hit a session high of
Nickel prices hit three-week highs on Thursday after the Philippines ordered the closure of 21 mines, mainly nickel producers that account for about half of output in the world's top ore supplier.
Oil prices were little changed in US trade on Thursday, retracing early gains as traders grew less concerned about mounting tensions between the United States and Iran, but prices were still supported by evidence that OPEC and other big exporters were cut
Benchmark Tokyo rubber futures fell for a third straight session on Thursday to end down 1.7 percent, hurt by a stronger yen, after having touched their highest level in more than five years earlier this week. The Tokyo Commodity Exchange rubber contract
Malaysian palm oil rose 1.4 percent in the first-half session on Thursday, supported by data showing lower production and improved exports. Benchmark palm oil futures for April delivery on the Bursa Malaysia Derivatives Exchange rose to 3,072 ringgit ($69
Raw sugar futures on ICE fell sharply from a two-week high on Thursday, on chart-based pressure after failing to hold above the key 21-cent level and weighed down by heavy March/May spreading. London cocoa prices fell to the lowest in more than three year
Gold gave up some of its losses on Wednesday as the dollar pared gains after the US Federal Reserve held interest rates unchanged at its first meeting since President Donald Trump's inauguration. In a statement following its two-day meeting, the Fed paint
Gold hit a more than one-week high on Thursday as the dollar weakened after the US Federal Reserve kept interest rates unchanged at its first meeting since President Donald Trump took office. Spot gold was up 0.6 percent at $1,216 per ounce as of 0601 GMT
Gold hit its highest since mid-November on Thursday after the US Federal Reserve gave no clear signal on the likelihood of a March interest rate increase in its latest statement, prompting another drop in the dollar. The US currency slipped to a 12-week l
US wheat futures firmed on Thursday, with the benchmark Chicago Board of Trade soft red winter wheat contract hitting its highest in more than two weeks on signs of better-than-expected export demand. Soyabeans eased, snapping a rally on Wednesday as larg
Gold hit an 11-week high on Thursday after the US Federal Reserve gave no clear signal on the likelihood of a March interest rate increase in its latest statement, prompting another drop in the dollar. The US currency slipped to a 12-week low against a ba
Several new schemes of Southern Punjab were accorded approval in a meeting presided over by Chief Minister Punjab Muhammad Shahbaz Sharif here Thursday. He stated this approval to review the progress stride was done under annual development projects 2016-
Zubair F Tufail, President, FPCCI has hailed the appointment of Muhammad Zubair Umar as Governor of Sindh. He praised that Zubair Umar possesses rich experience of corporate sector and has rendered valuable services as Chairman of Board of Investment and
Finance Minister Senator Ishaq Dar chaired a meeting Thursday to discuss various reforms being undertaken to enhance the quality of audit and capacity of the Audit Department. Finance Minister stated that audit is an important function for good governance
Elysium Towers, a commercial and residential skyscraper in the federal capital, failed to produce environmental impact assessment (EIA) report before the Senate Standing Committee on Climate Change here on Thursday. The committee stressed that the EIA cer
An economist by profession, Qazi Azmat Isa is serving as the Chief Executive Officer at the Pakistan Poverty Alleviation Fund (PPAF). He has previously worked for the World Bank in Pakistan and Afghanistan and at the UNDP. BR Research recently had a detai
An economist by profession, Qazi Azmat Isa is serving as the Chief Executive Officer at the Pakistan Poverty Alleviation Fund (PPAF). He has previously worked for the World Bank in Pakistan and Afghanistan and at the UNDP. BR Research recently had a detai
As the prospect of a hard Brexit looms, Frankfurt is taking big strides in the competition among European financial centres to lure banks away from London. On Monday, representatives from 25 major banks trooped into the unremarkable office block on the ou
Duty is what one is expected or required to do by moral or legal obligation. Recognizing a duty means a person theoretically commits himself to its fulfillment without considering one's own self-interest, even involving some sacrifice of immediate self-in
Economic indicators are always open to interpretation and debate. Some analyse these numbers objectively whereas others fall prey to their biases-Mohammad Ishaq Dar, Federal Finance Minister.
In the kind of twist that we have become accustomed to in such cases, an anti-terrorism court in Lahore has acquitted 115 people charged with looting and torching around 200 Christians' houses in Joseph Colony, Badami Bagh, Lahore in March 2013. A Christi
On 27th January 2017 National Electric Power Regulatory Authority (Nepra) announced a 20 percent lower benchmark tariff for competitive bidding for all future wind power projects. The objective: to take advantage of the declining international technology
On Wednesday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,162. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 9.61 billion and the number of lots traded was 21,683.
Indian soyabean futures snapped a seven-day losing streak to end slightly higher on Tuesday, while the soyaoil contract was on track to close higher after three straight sessions of loss. The one-month soyabean futures contract, which has fallen about 4 p
US natural gas futures edged up on Wednesday on forecasts for slightly cooler, but still above-normal temperatures and higher heating demand over the next two weeks. Longer term, meteorologists predicted February would remain warmer than normal but now ex
ICE Canadian canola futures fell on Tuesday to a fresh two-week low, pressured by a stronger Canadian dollar. Most active contract gained 1.3 percent for the month. Investors adjusted positions ahead of Friday's Statistics Canada crop stocks report, a tra
Russian winter grains remain unaffected by winter weather so far this season and crop yields could be quite high in 2017, Agriculture Minister Alexander Tkachev said on Wednesday.
The Karachi Port handled 120,191 tonnes of cargo comprising 87,783 tonnes of import cargo and 32,408 tonnes of export cargo including 6,914 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday.
Cautious buying was witnessed on the cotton market on Thursday ahead of the Pakistan Cotton Ginners' Association (PCGA) report, dealers said. The official spot rate was unchanged at Rs 6650, dealers said. In Sindh, seed cotton prices were at Rs 3200-3550,
Ready cotton prices spiked up in the domestic market at mid-week following the global trend which tightened at most origins. Presumptions that China would buy cotton following the Lunar holidays, speculators holding long positions and many spinners around
Ready cotton prices spiked up in the domestic market at mid-week following the global trend which tightened at most origins. Presumptions that China would buy cotton following the Lunar holidays, speculators holding long positions and many spinners around
Liverpool led English clubs in taking the lion's share of the 150 million euros ($162 million) compensation handed out by UEFA for freeing players for Euro 2016. Yet while 60 English clubs shared 38.2 million euros ($41.3 million), Icelandic clubs whose c
Wonder goals from Luis Suarez and Lionel Messi left Barcelona with a 2-1 Copa del Rey semi-final, first leg advantage over Atletico Madrid to take back to the Camp Nou next week. Suarez's solo effort and a thunderous strike from Messi gave Barca a deserve
Former England and Chelsea midfield star Frank Lampard retired on Thursday aged 38, calling time on a playing career that will be remembered as one of the Premier League's finest. Lampard did not reveal what he plans to do next, but said he was grateful t
The next phase of training camp of Under-18 hockey players is starting here at the Hockey Stadium, Johor Town from February 11, as a part of preparations of hockey team for next Junior World Cup. Pakistan Hockey Federation has announced the names of 36 pl
Movenpick Hotel Karachi took an initiative to promote the sport tennis by organising a Tennis Tournament at its Tennis Court located in Movenpick Fitness and Wellness Centre, here on Thursday. More than 40 players took part in the tournament that belonged
MMS and Ahsan & Co carved out contrastive victories on the second day of the Rafi Group Polo Cup 2017 here at the Lahore Polo Club on Thursday. In the first match of the day, MMS recorded a thrilling 5-4 triumph against Nama Burger. Azam Hayat Noon and Hu
Rain and a damp outfield forced the abandonment of the second one-day international between New Zealand and Australia without a ball being bowled in Napier on Thursday. The series will now be decided in the final match in Hamilton on Sunday.
Gabriel Jesus opened his Manchester City account in a 4-0 stroll at West Ham United on Wednesday that sent his side level with fourth-place Liverpool in the Premier League.
South Africa captain AB de Villiers hailed an "almost perfect performance" after his team crushed Sri Lanka by 121 runs in the second one-day international at Kingsmead on Wednesday. He singled out Faf du Plessis and David Miller, who both hit centuries a
Sergio Garcia led as Tiger Woods' struggles continued at the Dubai Desert Classic on Thursday. Garcia shot a superb opening round of seven-under par 65 to top the leaderboard by one shot from Chile's Felipe Aguilar and South Africa's George Coetzee.
Maria Sharapova said Wednesday she refused to feel sorry for herself during her doping ban, occupying her time by studying at Harvard, writing a book and even learning how to box. The former world number one and five-time Grand Slam title winner told a Ru
Test captain Misbah-ul-Haq Thursday said a change of captaincy would not make as much difference to Pakistan's cricket; what is needed is to overhaul the domestic cricket system as a whole and nurture talent.
South Africa's poultry industry says it is on the brink of collapse due to hotly-denied accusations that the European Union is dumping cheap chicken in the country in a dispute over free trade.
South Korean exports rose in January for a third consecutive month and at the fastest pace in nearly five years, preliminary data showed on Wednesday, handsomely beating expectations. The news will offer some hope for policymakers struggling with uncertai
The NTDC spokesman has clarified that the seminar for the contractors, suppliers and manufacturers interested in supplying material for the construction of 220kV, 500kV and 765kV transmission lines was conducted successfully on 02 January 2017. It was mis
In a first-ever concrete effort to enhance the parliamentary relations between Pakistan and Belarus, the Senate of Pakistan and Council of the Republic of the National Assembly of the Republic of Belarus have formally signed memorandum of understanding (M
Staff of Town Planning Wing of Lahore Development Authority (LDA) sealed 10 wedding venues, including a marquee and nine marriage halls, in Harbanspura and Mughalpura along Canal Road on Thursday.
The 5-day long Lahore International Book Fair-2017 has started at the Expo Centre on Thursday. As much as 275 publishers, book sellers and government departments have put up their stalls in the book fair which would conclude on February, 6. The Lahore Int
Provincial Minister for Minorities and Human Rights Khlail Tahir Sandhu said that the Punjab government will adopt co-ordinated strategy with consultation of all the concerned stakeholders regarding increase in the seats of minorities in the provincial as
Newly-constructed regional blood centers (RBCs), in collaboration of German Institution KFW (Safe Blood Transfusion Project) in Multan and Bahawalpur would be inaugurated on March 15.
Principal Post Graduate Medical Institute and Ameer ud Din Medical College Professor Dr Ghiyas un Nabi Tayyab has said that research fellows in medical field must learn scientific writing to get their research papers published in international journals.
President of Multan Chamber of Commerce & Industry (MCCI) Khawaja Jalaluddin Roomi said the World Bank should support Pakistan Tourism Development Corporation (PTDC) in developing the tourist facilities and resorts in southern Punjab by sponsoring differe
The Deputy Head of Mission, European Union delegation to Pakistan Anne Marchal distributed certificates among the successful participants of the Shoe Assembly training conducted at GILT by the EU funded project under TRTA-III titled PLCIP.
The Dealers Vehicle Registration Scheme is a revolutionary step of the Punjab government for rapid departmental service delivery under which vehicle dealers are being authorised to make registration of the vehicles for the facility of the citizens.
Punjab government has approved a special grant worth Rs 433 million for Lahore Arts Council here on Thursday. This grant would be utilised for various activities of repair and maintenance of the building besides up-gradation and strengthening of Al-Hamrah
Unilever announced the team from Lahore University of Management Sciences (LUMS) as winners of Unilever Talent Hunt 2016 (UTH 2016) at the grand finale held at a local hotel. Students from universities across Pakistan competed for the opportunity to repre
The Small and Medium Enterprises Development Authority (Smeda) and Bank Alfalah Limited (BAL) on Thursday inked a memorandum of understanding (MoU) for the development of SME sector in the country. BAL's Chief Executive Officer Atif Bajwa and Smeda's Gene
The Drug Regulatory Authority of Pakistan (DRAP) has agreed to facilitate the importers of poultry nutritional products in the larger interest of the poultry industry.
Activists of Pakistan Muslim League-Nawaz (PML-N) from North Waziristan Agency, have expressed great resentment over the discriminatory and unjust attitude of Governor Khyber Pakhtunkhwa, Iqbal Zafar Jhagra with them, and demanding the party central leade
Prime Minister Nawaz Sharif is all set to inaugurate the 75-kilometre completed section of Karachi-Hyderabad Motorway (M-9) on Friday (today). The National Assembly Standing Committee on Communication in its last meeting had recommended that it would be a
Federal Interior Minister Chaudhry Nisar Ali Khan on Thursday said that the situation in South Asia cannot be seen and understood through foreign security paradigms and foreign solutions cannot address security related issues of the region.
Customs and Border Protection officers should respect the rights of journalists to protect confidential information when subjecting international reporters to screening on their arrival to the US, the Committee to Protect Journalists (CPJ) said on Thursda
The Ambassador of the Kingdom of Denmark to Pakistan, H.E. Ole Thonke, paid a courtesy call on the Special Assistant to the Prime Minister on Foreign Affairs, Syed Tariq Fatemi, on Thursday, at the Foreign Office.