Recent reports indicate that the circular energy debt that had reached manageable levels as far as flows were concerned (though the stock remained constant) in fiscal 2015 and 2016, have begun to rise again and, at present, have alarmingly reached 800 bil
The brother of ousted leader Nawaz Sharif will not contest a National Assembly by-election for the vacant seat, party sources said on Tuesday, effectively scuttling previous plans for him to take over as prime minister in September. Sharif, 68, was disqua
The brother of ousted leader Nawaz Sharif will not contest a National Assembly by-election for the vacant seat, party sources said on Tuesday, effectively scuttling previous plans for him to take over as prime minister in September. Sharif, 68, was disqua
Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Tuesday said that Article 6 of Constitution should be applied on former Prime Minister Nawaz Sharif for "ridiculing" the apex court's verdict in Panama Papers case. Speaking at a presser after presidin
Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Tuesday said that Article 6 of Constitution should be applied on former Prime Minister Nawaz Sharif for "ridiculing" the apex court's verdict in Panama Papers case. Speaking at a presser after presidin
Commerce Minister Pervaiz Malik and Minister of State, Haji Muhammad Akram Ansari Tuesday held a meeting with the heads of different sections and sought a briefing on trade performance and other issues. The Commerce Ministry team headed by Additional Secr
Commerce Minister Pervaiz Malik and Minister of State, Haji Muhammad Akram Ansari Tuesday held a meeting with the heads of different sections and sought a briefing on trade performance and other issues. The Commerce Ministry team headed by Additional Secr
Commerce Minister Pervaiz Malik and Minister of State, Haji Muhammad Akram Ansari Tuesday held a meeting with the heads of different sections and sought a briefing on trade performance and other issues. The Commerce Ministry team headed by Additional Secr
The Securities and Exchange Commission of Pakistan (SECP) has issued a new regulatory framework for acquisition of voting shares beyond prescribed limit of 30 percent or control of a listed company. Sources told Business Recorder here on Tuesday that the
The rupee was almost unchanged against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee was inert versus the dollar for buying and selling at Rs 105.39 and Rs 105.40 respectively, they said.
The Securities and Exchange Commission of Pakistan (SECP) has issued a new regulatory framework for acquisition of voting shares beyond prescribed limit of 30 percent or control of a listed company. Sources told Business Recorder here on Tuesday that the
The rupee was almost unchanged against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee was inert versus the dollar for buying and selling at Rs 105.39 and Rs 105.40 respectively, they said.
The Securities and Exchange Commission of Pakistan (SECP) has issued a new regulatory framework for acquisition of voting shares beyond prescribed limit of 30 percent or control of a listed company. Sources told Business Recorder here on Tuesday that the
Pakistan Awami Tehreek (PAT) Chairman Dr Tahir-ul-Qadri has appealed to the Supreme Court of Pakistan to hand over the Model Town massacre case to the joint investigation team (JIT) which was constituted in the Panama case. Qadri made this demand while ad
Pakistan Awami Tehreek (PAT) Chairman Dr Tahir-ul-Qadri has appealed to the Supreme Court of Pakistan to hand over the Model Town massacre case to the joint investigation team (JIT) which was constituted in the Panama case. Qadri made this demand while ad
Pakistan Tehreek-e-Insaf (PTI) on Tuesday plainly rejected the Ethics Committee formed by Speaker National Assembly Sardar Ayaz Sadiq to probe into allegations of harassment against lawmakers, fearing that it could be used to victimise political opponents
Pakistan Tehreek-e-Insaf (PTI) on Tuesday plainly rejected the Ethics Committee formed by Speaker National Assembly Sardar Ayaz Sadiq to probe into allegations of harassment against lawmakers, fearing that it could be used to victimise political opponents
Senate Standing Committee on Finance has shown concern over the use of anti-money laundering law against the businesses and described it as "alarming," saying people are getting scared. Chairman Senate Standing Committee on Finance, Senator Saleem Mandviw
Senate Standing Committee on Finance has shown concern over the use of anti-money laundering law against the businesses and described it as "alarming," saying people are getting scared. Chairman Senate Standing Committee on Finance, Senator Saleem Mandviw
Senate Standing Committee on Finance has shown concern over the use of anti-money laundering law against the businesses and described it as "alarming," saying people are getting scared. Chairman Senate Standing Committee on Finance, Senator Saleem Mandviw
Hackers claiming to have breached HBO were demanding millions of dollars in ransom payments from the television group, while threatening to release more files from what is claimed to be a massive data breach. A video circulating online directs a message t
Hackers claiming to have breached HBO were demanding millions of dollars in ransom payments from the television group, while threatening to release more files from what is claimed to be a massive data breach. A video circulating online directs a message t
Hackers claiming to have breached HBO were demanding millions of dollars in ransom payments from the television group, while threatening to release more files from what is claimed to be a massive data breach. A video circulating online directs a message t
A 6.5-magnitude earthquake rattled southwest China late Tuesday, killing at least seven people, with up to 100 feared dead, according to a government estimate. Seven people died and 88 were injured in the quake, including 21 seriously, the official Xinhua
A 6.5-magnitude earthquake rattled southwest China late Tuesday, killing at least seven people, with up to 100 feared dead, according to a government estimate. Seven people died and 88 were injured in the quake, including 21 seriously, the official Xinhua
The board of directors of Pakistan State Oil Company (PSO) has recommended a final cash dividend for the financial year ended June 30, 2017 at the rate of Rs 15 per share, equivalent to 150 percent. The board of directors of the company, in its meeting he
The board of directors of Pakistan State Oil Company (PSO) has recommended a final cash dividend for the financial year ended June 30, 2017 at the rate of Rs 15 per share, equivalent to 150 percent. The board of directors of the company, in its meeting he
The board of directors of Pakistan State Oil Company (PSO) has recommended a final cash dividend for the financial year ended June 30, 2017 at the rate of Rs 15 per share, equivalent to 150 percent. The board of directors of the company, in its meeting he
Terming sales tax refunds a sensitive issue for the PML (N) government, Finance Minister Ishaq Dar Tuesday announced the issuance of sales tax refunds of Rs 26.43 billion, including refunds issued in the first phase, involving 10,439 refund payment orders
Terming sales tax refunds a sensitive issue for the PML (N) government, Finance Minister Ishaq Dar Tuesday announced the issuance of sales tax refunds of Rs 26.43 billion, including refunds issued in the first phase, involving 10,439 refund payment orders
Terming sales tax refunds a sensitive issue for the PML (N) government, Finance Minister Ishaq Dar Tuesday announced the issuance of sales tax refunds of Rs 26.43 billion, including refunds issued in the first phase, involving 10,439 refund payment orders
Ministry of Water and Power by redefining circular debt refuses to acknowledge that the country''s energy sector circular debt stock has touched Rs 800 billion. Zargham Eshaq Khan, Joint Secretary (Power Finance) who deals with power sector''s financial i
Ministry of Water and Power by redefining circular debt refuses to acknowledge that the country's energy sector circular debt stock has touched Rs 800 billion. Zargham Eshaq Khan, Joint Secretary (Power Finance) who deals with power sector's financial iss
Ministry of Water and Power by redefining circular debt refuses to acknowledge that the country's energy sector circular debt stock has touched Rs 800 billion. Zargham Eshaq Khan, Joint Secretary (Power Finance) who deals with power sector's financial iss
Prime Minister Shahid Khaqan Abbasi has directed Power Division and Petroleum Division to formulate a roadmap to reduce usage of thermal power sources and promote use of natural gas and domestic coal for energy production. While chairing the first meeting
Prime Minister Shahid Khaqan Abbasi has directed Power Division and Petroleum Division to formulate a roadmap to reduce usage of thermal power sources and promote use of natural gas and domestic coal for energy production. While chairing the first meeting
Prime Minister Shahid Khaqan Abbasi has directed Power Division and Petroleum Division to formulate a roadmap to reduce usage of thermal power sources and promote use of natural gas and domestic coal for energy production. While chairing the first meeting
On Tuesday, BRIndex100 opened at 5,094.65 points. It touched an intraday high of 5,098.81 points and an intraday low of 5,008.05 points. It closed at 5,018.27 points which was -76.38 points or -1.5 percent lower than previous close. Its total volume was 1
On Tuesday, BRIndex100 opened at 5,094.65 points. It touched an intraday high of 5,098.81 points and an intraday low of 5,008.05 points. It closed at 5,018.27 points which was -76.38 points or -1.5 percent lower than previous close. Its total volume was 1
A bearish trend continued on Pakistan Stock Exchange Tuesday. The benchmark KSE-100 index lost another 485.96 points to close at 45,979.70 points. Trading activity also remained low as daily volumes on the ready counter decreased to 205.786 million shares
A bearish trend continued on Pakistan Stock Exchange Tuesday. The benchmark KSE-100 index lost another 485.96 points to close at 45,979.70 points. Trading activity also remained low as daily volumes on the ready counter decreased to 205.786 million shares
A bearish trend continued on Pakistan Stock Exchange Tuesday. The benchmark KSE-100 index lost another 485.96 points to close at 45,979.70 points. Trading activity also remained low as daily volumes on the ready counter decreased to 205.786 million shares
After consultations with the stakeholders, the Finance Ministry has issued a notification of Rs 100 subsidy on each urea bag aimed at keeping its price below Rs 1400 per bag for 2017-18. According to the notification of August 7, 2017, the Federal Governm
After consultations with the stakeholders, the Finance Ministry has issued a notification of Rs 100 subsidy on each urea bag aimed at keeping its price below Rs 1400 per bag for 2017-18. According to the notification of August 7, 2017, the Federal Governm
After consultations with the stakeholders, the Finance Ministry has issued a notification of Rs 100 subsidy on each urea bag aimed at keeping its price below Rs 1400 per bag for 2017-18. According to the notification of August 7, 2017, the Federal Governm
The federal government has yet to appoint 3 members of the Competition Commission of Pakistan (CCP) who retired in January 2017, rendering CCP unable to take suo motu actions against cartels with only 2 members. Under Section 14 of the Competition Act, 20
The federal government has yet to appoint 3 members of the Competition Commission of Pakistan (CCP) who retired in January 2017, rendering CCP unable to take suo motu actions against cartels with only 2 members. Under Section 14 of the Competition Act, 20
The federal government has yet to appoint 3 members of the Competition Commission of Pakistan (CCP) who retired in January 2017, rendering CCP unable to take suo motu actions against cartels with only 2 members. Under Section 14 of the Competition Act, 20
The federal government has yet to appoint 3 members of the Competition Commission of Pakistan (CCP) who retired in January 2017, rendering CCP unable to take suo motu actions against cartels with only 2 members. Under Section 14 of the Competition Act, 20
Islamabad police have put security on high alert in the city and chalked out comprehensive plan to ensure foolproof security on the occasion of former Prime Minister Nawaz Sharif's rally to be taken out from Punjab House on Wednesday (today).
Islamabad police have put security on high alert in the city and chalked out comprehensive plan to ensure foolproof security on the occasion of former Prime Minister Nawaz Sharif's rally to be taken out from Punjab House on Wednesday (today).
Carmaker Volkswagen and its subsidiaries said Tuesday they would offer cash incentives to trade in old diesel cars, as Germany struggles to reduce harmful emissions following a cheating scandal. The VW brand said it would offer buyers trading in an old di