Three senior members of India's ruling Hindu nationalist party including a cabinet minister should face trial over the demolition of a mosque a quarter of a century ago, the Supreme Court ruled on Wednesday. The three are accused of inciting Hindu zealots
Minister for Water and Power Khawaja Muhammad Asif Wednesday admitted electricity crisis in the country, saying some power plants of 2,200MW have been closed due to maintenance and there is a shortfall of 5,200MW in the system. "I admit my mistake of elec
Minister for Water and Power Khawaja Muhammad Asif Wednesday admitted electricity crisis in the country, saying some power plants of 2,200MW have been closed due to maintenance and there is a shortfall of 5,200MW in the system. "I admit my mistake of elec
Minister for Water and Power Khawaja Muhammad Asif Wednesday admitted electricity crisis in the country, saying some power plants of 2,200MW have been closed due to maintenance and there is a shortfall of 5,200MW in the system. "I admit my mistake of elec
The country''''s current account deficit continued to deteriorate and with an increase of 160 percent, it crossed $ 6 billion mark during the first nine months of this fiscal year, mainly due to higher import bill. Economists said that a widening trade de
The country''s current account deficit continued to deteriorate and with an increase of 160 percent, it crossed $ 6 billion mark during the first nine months of this fiscal year, mainly due to higher import bill. Economists said that a widening trade defi
The country's current account deficit continued to deteriorate and with an increase of 160 percent, it crossed $ 6 billion mark during the first nine months of this fiscal year, mainly due to higher import bill. Economists said that a widening trade defic
The country's current account deficit continued to deteriorate and with an increase of 160 percent, it crossed $ 6 billion mark during the first nine months of this fiscal year, mainly due to higher import bill. Economists said that a widening trade defic
Prime Minister Nawaz Sharif on Wednesday inaugurated the Bhikki power plant, adding 717MW to the national grid and lessening woes of the people facing long hours of loadshedding. The Prime Minister was accompanied by Chief Minister Punjab Shehbaz Sharif,
Prime Minister Nawaz Sharif on Wednesday inaugurated the Bhikki power plant, adding 717MW to the national grid and lessening woes of the people facing long hours of loadshedding. The Prime Minister was accompanied by Chief Minister Punjab Shehbaz Sharif,
Prime Minister Nawaz Sharif on Wednesday inaugurated the Bhikki power plant, adding 717MW to the national grid and lessening woes of the people facing long hours of loadshedding. The Prime Minister was accompanied by Chief Minister Punjab Shehbaz Sharif,
Controversy gripped the decoration of pro-Prime Minister Nawaz Sharif banners in the city that led to tabling of a resolution by Pakistan Tehreek-e-Insaf (PTI) in the Punjab Assembly. It may be noted that banners favouring Prime Minister Nawaz Sharif have
Controversy gripped the decoration of pro-Prime Minister Nawaz Sharif banners in the city that led to tabling of a resolution by Pakistan Tehreek-e-Insaf (PTI) in the Punjab Assembly. It may be noted that banners favouring Prime Minister Nawaz Sharif have
National Accountability Bureau (NAB) and Federal Investigation Agency (FIA) were seen to be visibly under immense strain on the eve of the Panama verdict fearing the possibility of some changes in their modus operandi and in the process of senior appointm
National Accountability Bureau (NAB) and Federal Investigation Agency (FIA) were seen to be visibly under immense strain on the eve of the Panama verdict fearing the possibility of some changes in their modus operandi and in the process of senior appointm
A looming Supreme Court decision that could disqualify Prime Minister Nawaz Sharif over corruption allegations had the country on edge Wednesday, as a drawn-out investigation related to the "Panama Papers" leaks neared a conclusion. Disqualifying Sharif w
A looming Supreme Court decision that could disqualify Prime Minister Nawaz Sharif over corruption allegations had the country on edge Wednesday, as a drawn-out investigation related to the "Panama Papers" leaks neared a conclusion. Disqualifying Sharif w
The federal capital on Wednesday hosted central leadership of almost all the major political parties ahead of the anxiously awaited verdict of Supreme Court on the Panama papers case today (Thursday) with a view to devising their future plans accordingly.
The federal capital on Wednesday hosted central leadership of almost all the major political parties ahead of the anxiously awaited verdict of Supreme Court on the Panama papers case today (Thursday) with a view to devising their future plans accordingly.
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
On Tuesday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,025. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 4.981 billion and the number of lots traded was 12,682. Major business was contributed by c
Water levels on the Rhine and Danube in Germany remain low despite recent rain and freight vessels cannot sail fully loaded on the German sections of the rivers, traders said on Tuesday. The Rhine is too shallow for normal sailings south of Duisburg and C
Heavy rain in several of Ivory Coast's main cocoa growing regions last week has raised fears of lower production during the April-September mid-crop due to falling pods and disease, farmers said on Tuesday. The mid-crop marketing season in Ivory Coast, th
Soyameal price offers on the European meals and feeds market were lower on Tuesday as trading resumed after a four-day holiday, with prices adjusting to weakness in US futures. South American soyameal was mostly offered between $1 and $4 a tonne lower com
European gasoline cracks edged higher on Tuesday, supported by overseas demand and as refinery maintenance in Europe kept supplies limited. There has been relatively firm demand to ship European gasoline on transatlantic journeys as inventories in the Uni
The Karachi Port handled 237,596 tonnes of cargo comprising 209,872 tonnes of import cargo and 27,724 tonnes of export cargo including 7,078 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of
Buying interest emerged on the cotton market on Wednesday ahead of decision on Panamagate case on Thursday, dealers said. The official spot rate unchanged at Rs 6750, they said. In ready session, over 5000 bales of cotton changed hands between Rs 6800 and
Chicago Board of Trade (CBOT) wheat futures closed up 1-1/2 cents Tuesday at $4.22-1/2 on short-covering, analysts said. K.C. hard red winter wheat settled up 3 cents to $4.19-1/2, while MGEX May spring wheat closed up 10-1/2 cents to $5.39-1/4. Rising cr
Chicago Board of Trade soyabean futures closed down Tuesday on profit-taking, following Monday's two-week high and as the market continued to absorb a disappointing US crush report. Expectations of a large canola crop also weighed on soyabeans.
Euronext wheat futures were little changed on Wednesday, in keeping with a hesitant trend in Chicago, as traders assessed the risks to crops from a continuing dry spell in part of western Europe including France. May milling wheat on the Paris-based Euron
ICE Canada canola futures rose to a one-month high on Wednesday, lifted by concerns about isolated planting delays on the Canadian Prairies resulting from cool, wet conditions. The weaker Canadian dollar and strength in soyoil futures added support. May c
Copper fell for a second day on Wednesday after a surge of fund selling just before the close reversed gains and drove the metal to a 14-week low, traders said. "$5,500 seems to be a key level. There appears to be an attempt to push it through that," Davi
Benchmark Tokyo rubber futures fell to a five-month low on Wednesday, extending losses for a fourth straight session and dipping below the key 200-yen level, hurt by oversupply concerns and a sharp drop in Shanghai futures. "The market is under pressure d
Malaysian palm oil futures hit an 8-month low on Wednesday, in line for a sixth consecutive session of declines, as it tracked weaker soyoil on the Chicago Board of Trade and other related edible oils. Expectations of rising production are also weighing o