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
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (January 25, 2018).
Pakistan Cricket Board (PCB) has announced a three-member Women's Selection Committee headed by former Test Cricketer Jalaluddin. Akhtar Sarfaraz and Asmavia Iqbal are the members of the selection committee. The selection committee will further be working
In continuation of FBR's policy of facilitation of taxpayers and ensuring ease of doing business, Federal Board of Revenue (FBR) has launched Iris-ADX (Asynchronous Data eXchange), an application that allows the taxpayer/E-intermediary to prepare data rel
Supreme Court Thursday stopped 24 mineral water companies to distribute mineral water in Pakistan till further adjudication of a matter relating to provision of clean water in the country. Appearing before a three-member bench led by Chief Justice Mian Sa
The Punjab Agriculture Department (PAD) has launched energy audit of tube wells spreading across the province to curtail unnecessary usage of energy. Over one million tube wells have been installed in the Punjab province out of which 120,000 run on electr
Federal Minister for Planning, Development and Reform, Ahsan Iqbal has said that China would provide $8.2 billion soft loan to Pakistan for ML-1 railways infrastructure project under China-Pakistan Economic Corridor (CPEC). The minister expressed these vi
The Accountability Court Thursday issued written orders regarding unfreezing of accounts of Hajveri Foundation, directing the persons concerned to spend the money on welfare projects mentioned in the trust deed of Foundation and not for any other purpose.
Pakistan People's Party Punjab President Qamar Zaman Kaira has criticized Chief Minister Punjab Shahbaz Sharif for pressuring father of Zainab during a press conference. "Holding Zainab's father under pressure and switching off his microphone was a shamef
The Senate Standing Committee on Law and Justice on Thursday decided to send the matter related to an amendment in Pakistan Penal Code for provision of penalty of death by hanging publicly in view of rule 354 of the Prison Rules, 1978 to Council of Islami
The negotiations between Pakistan State Oil (PSO) and Oil Tanker Owners and Contractors Association (OTO&CA) have been under way amidst small scale fuel shortage in Quetta region. While observing a countrywide strike, the Oil Tanker Owners and Contractors
The 4th Japan Karate Association (JKA) National Karate Training Camp concluded here on Thursday at the Liaquat Gymnasium, Pakistan Sports Complex, Aabpara. The camp was organised by the Japan Karate Association Pakistan. The closing ceremony was graced by
KP Governor Engineer Iqbal Zafar Jhagra has said that promotion of education is must for ensuring development and prosperity of any society. Indeed, he added, without education every human being stands incomplete and keeping this fact in mind, the present
The Customs authorities have foiled a bid of smuggling of ice from Afghanistan to Pakistan by recovering 4 kg from truck at Torkham border on Thursday. According to Customs official sources, Collector Customs, Peshawar Gul Rehman received secret informati
The International Court of Justice (ICJ) has instructed India to submit its reply in the case of Indian spy Kulbhushan Jadhav, convicted by a Pakistani military court, by April 17, reported Radio Pakistan. Kulbhushan Jadhav was arrested in Balochistan by
Activists of Tribal Youth Movement (TYM) on Thursday staged a protest demonstration here outside Peshawar Press Club against the alleged killing of Naqeebullah Mehsud by police in Karachi and demanding the holding of judicial inquiry into the murder.
The Lahore High Court on Thursday banned until December 2018 hunting of houbara bastard and other rare birds migrating here from other parts of the world. Chief Justice Syed Mansoor Ali Shah passed the order after a commission submitted its report and opp
The Interior Ministry will table a bill in the National Assembly for establishment of new 'Food Authority Department' soon after clubbing recommendations of Ministry of Science and Technology, Pakistan Standards and Quality Control Authority (PSQCA) and o
Interior Minister Ahsan Iqbal on Thursday said that the government has released funds for madrassa reforms and introduction of modern education in seminaries. Speaking at a concluding ceremony of the 5th National Stakeholders Conference, Dissemination of
Nobel Prize laureate and social activist Malala Yousafzai stressed upon collective responsibility to promote education of young girls across the globe. While speaking at the World Economic Forum session titled "An Insight, An Idea with Malala Yousafzai",
The Competition Commission of Pakistan (CCP) held an open hearing to discuss the competition concerns in the sugar sector and to get the viewpoint of all stakeholders on relevant issues. The CCP's bench, comprising the Chairperson Vadiyya Khalil, and memb
Lenovo announced its recognition as a top company on the Corporate Knights' Global 100 list. The list recognizes the top 100 companies across the world from a pool of nearly 6,000 publicly listed companies and evaluates them on up to 17 environmental, soc
Minister for Defense Khurram Dastgir Khan has said that Pakistan's successful counterterrorism operations like Zarb-e-Azb proved helpful in creating peace in the country that in turn helped in economic stability. During a meeting with the Chair of the For
The opposition party in the Parliament, Pakistan Peoples Party Parliamentarians (PPP-P) has invited applications from interested candidates for upcoming Senate elections by January 30, 2018. Newly elected Secretary General PPP-P Farhatullah Barbar has ask
Adviser to Prime Minister on Finance, Miftah Ismail along with Minister for Water Resources and Minister of State for Finance had a meeting with visiting World Bank delegation here Thursday. The delegation led by Annette Dixon Vice President for South Asi
Director General Pakistan Rangers (Sindh), Maj-General Muhammad Saeed has urged the business and industrial community to immediately inform Rangers whenever they receive any extortion threat so that the culprits could be taken to task alongside ensured se
Director General Pakistan Rangers (Sindh), Maj-General Muhammad Saeed has urged the business and industrial community to immediately inform Rangers whenever they receive any extortion threat so that the culprits could be taken to task alongside ensured se
The US Consul General Grace Shelton joined the local community to mark the closing ceremony of the Shri Varun Dev Mandir - a historic Hindu temple on Thursday at Manora Island. She congratulated the Sindh Exploration and Adventure Society (SEAS) on the su
Fayeeza Naqvi, Chairman and Co-Founder of The Aman Foundation attended the World Economic Forum 2018 at Davos. The Aman Foundation was a part of the Pakistan Pavilion hosted by PathFinder Group in collaboration with Swiss-Asian Chamber of Commerce (SACC).
As many as 200 separatist militants, including 15 commanders, renounced violence and laid down their arms on Thursday at a ceremony held at FC Headquarters Turbat on Thursday. Chief Minister Abdul Quddus Bizenjo and Commander Southern Command Lieutenant G
The re-branding of any institution at the proper time is necessary and Hamdard Laboratories (Waqf) Pakistan is doing the same. This was stated by Governor of Sindh, Muhammad Zubair while he was addressing the ceremony of "Hakim Mohammed Said Awards" Wedne
In a statement issued in Karachi yesterday, the Executive Committee and members of Pakistan Broadcasters Association (PBA) expressed their deep sorrow and grief over the sad demise of Muhammad Azam Saigol, the husband of Amber Haroon Saigol, Chairperson o
The Sindh Excise and Taxation Department has started contemplating to omit the NoC requirement declared mandatory for the clearance of import consignments. The discussion on the issue was made during meeting between Director General E&T department Shoaib
Chairman of Businessmen Panel (BMP) Mian Anjum Nisar has said that there is no progress on the proposed Free Trade Agreement (FTA) with Turkey. "Despite several rounds of talks and negotiations spanning over a decade by the officials of Commerce Ministry,
Commander Royal Saudi Naval Forces Vice Admiral Fahad Bin Abdullah Al Ghofaily is on an official visit to Pakistan. During the visit, Commander Royal Saudi Naval Forces called on Chief of the Naval staff Admiral Zafar Mahmood Abbasi at Naval Headquarters
Bodies of two people were recovered from room of a hotel in the metropolis on Thursday. Police said it was informed by the administration of a hotel located at Saddar Cantt Station that people staying in a room of hotel had not come out last 24 hours neit
Punjab Chief Minister Shahbaz Sharif on Thursday said the provincial government is speedily moving towards attaining the goal of prosperous Punjab. He said this while chairing a high-level meeting in which overall development process and progress on diffe
The Federal Investigation Agency (FIA) has arrested three suspects of an 'organised racket' involved in making and selling fake medicines for sexual pleasure, especially Viagra, and artificial sex organs throughout the country by using two social media we
Pakistan Peoples Party (PPP) Lahore Executive Committee celebrated birthday of Bakhtawar Bhutto and Aziz-ur-Rehman Chan and cut a cake on the occasion. The Executive Committee reviewed the arrangements for February 5 public rally of PPP at Mochi Gate.
UAE's newly-appointed Ambassador to Pakistan, Hamad Obaid Ibrahim Salim Al-Zaabi visited Punjab Board of Investment and Trade on Thursday where different matters of mutual interest including the promotion of bilateral economic ties and further expansion i
The Pakistan Footwear Manufacturers Association (PFMA) Thursday announced to organise fourth Pakistan Mega Leather Show 2018 (PMLS18) here at the International Expo Centre on January 27. Addressing a press conference, PFMA chairman Farrukh Saleem revealed
Reckitt Benckiser Pakistan has won two awards at the 10th International CSR Summit 2018, organized by the National Forum for Environment and Health (NFEH). Affiliated with the United Nations Environment Program (UNEP), and supported by the Federal and Pro
Enabling Pakistan Vision 2025's goals of growing Pakistan's agricultural contribution to GDP through technology, the Fauji Fertilizer Company Ltd (FFC), Pakistan's largest fertilizer company, has gone live on a digital core for real-time analytics. FFC su
Punjab Minister for Specialized Healthcare & Medical Education (SH&ME) Khawaja Salman Rafique along with Secretary Health Najam Ahmad Shah inaugurated a 'Breast Cancer Clinic' costing Rs 450 million at Nishtar Hospital Multan. Diagnostic along with treatm
The government is endeavouring to formulate a medium-term trade policy framework for enhancing exports on a sustainable basis by incorporating suggestions of the business community in strategic trade policy framework (STPF) 2018-23. Secretary Trade Develo
A number of 13 million e-challans have been issued through Punjab Information Technology Board (PITB)'s e-ticketing system developed for National Highway and Motorway Police (NHMP) collecting a sum of Rs 4.4 billion, which has improved the efficiency of t
BR Research met with TONI&GUY and label.m team in Lahore. TONI & GUY is one of the most powerful hairdressing brands in the world. It opened its door in Pakistan - TONI&GUY North Pakistan - years ago. And label.m Professional Haircare developed by the TON
BR Research met with TONI&GUY and label.m team in Lahore. TONI & GUY is one of the most powerful hairdressing brands in the world. It opened its door in Pakistan - TONI&GUY North Pakistan - years ago. And label.m Professional Haircare developed by the TON
The telecom operators in the country have disputed 'environmental obligations regulatory framework,' saying it will add to miseries and hinder rapid site deployments as they are already dealing with five such agencies relevant to environment protection, s
President of Pakistan Businessmen and Intellectuals Forum (PBIF Mian Zahid Hussain has proposed that the marble industry should be developed through easy loans by establishing mineral development bank and introducing latest equipment in the industry. "Use
Gold rose on Thursday, extending gains of around 10 percent since mid-December and overcoming technical resistance to stay near its highest since August 2016, as the dollar weakened further. The dollar slid to its weakest in three years, making bullion ch
US soyabean futures turned lower after topping $10 a bushel for the first time in seven weeks on Thursday, retreating from gains fuelled by concerns about dry weather in rival exporter Argentina and a weaker US dollar. The market pulled back after rising
Gold held near its highest since August 2016 on Thursday as a weak dollar helped it to extend gains of around 10 percent since mid-December, however prices ran into technical resistance at the peaks and investors booked profits. A rapidly weakening of the
Sugar, arabica coffee and New York cocoa futures on ICE rose on Thursday, on buying spurred by the sharply lower US dollar index. March raw sugar settled up 0.08 cent, or 0.6 percent, at 13.24 cents per lb, though spot prices remained near technically ove
Benchmark Tokyo rubber futures hit a one-month low on Thursday, weighed down by weakness in the dollar after the US Treasury Secretary said he welcomed a weaker currency, brokers said. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre
Oil rose on Thursday, with global benchmark Brent at one point surging above $71 a barrel for the first time since 2014 on support from a weaker US dollar, tighter global supplies and a record run of declines in US crude inventories. "This latest pop is d
Zinc and nickel rallied to multi-year highs on Thursday on a softer dollar and steadily declining inventories in London Metal Exchange-approved warehouses. Lead also rose to its highest in over seven years but ended the day lower.
Shanghai Futures Exchange copper rallied 2.1 percent to close at 53,840 yuan ($8,500.16) a tonne on Thursday, bouncing back from Wednesday's dive, and posting its biggest daily jump since August 17. Shanghai nickel rose 4.3 percent at the open and was fin
Malaysian palm oil futures fell by more than 1 percent in evening trade on Thursday as a stronger ringgit helped to halt a three-session run of gains. The ringgit, palm's currency of trade, has risen steadily since the start of the year and was up 0.7 per
US President Donald Trump swaggered into the lion's den to confront the world's political and business elite on Thursday, as his "America First" administration executes an anti-globalist manifesto in trade, taxes and currency rates. A year after taking of
President Donald Trump insisted Thursday that Palestinians had "disrespected" the United States and threatened to withhold aid worth hundreds of millions of dollars until they agree to US-brokered peace talks. "They disrespected us a week ago by not allow
Venezuela on Thursday declared Spain's ambassador to Caracas "persona non grata," accusing Madrid of committing "continuous aggressions" against the Socialist government of President Nicolas Maduro. The declaration came a day after Venezuela recalled its
Some 800 children have been sickened by a measles-and-malnutrition outbreak in Indonesia's remote Papua province, officials said Thursday, with as many as 100 other people, mostly toddlers, feared to have been killed. The latest figures mark an escalation
The Seine continued to rise Thursday, covering quays in muddy water and putting museums on an emergency footing as record rainfall pushed rivers over their banks across northeastern France. The Seine is expected to reach a peak of up to 6.2 metres (20.3 f
EU ministers stuck Thursday to opposing east-west camps as they launched talks to try and overhaul Europe's asylum rules by June when the three-year-old migration crisis could flare anew. Bulgaria, which holds the six-month rotating EU presidency ending J
France's parliament has banned lawmakers from wearing any religious symbols under a new "neutral" dress code, an extension of the country's strict secular rules that is seen as going too far by some critics. Under the change approved late Wednesday, membe
A US aircraft carrier will port in Vietnam in March, military officials said Thursday, a first for the allies and former foes as they seek to counter Beijing's growing might in the disputed South China Sea. The announcement came as US defence secretary Ji
Qatar is finalising a deal to buy Russian S-400 air defence systems, the isolated Gulf state's ambassador to Moscow said Thursday. "Negotiations in this direction are in an advanced stage," Fahad bin Mohammed Al-Attiyah told Russia's TASS state news agenc
The United Nations led fresh efforts Thursday to jump-start Syrian peace talks that Western countries and the opposition fear are being undermined by a separate Russian diplomatic push. The two days of talks in Vienna come after eight previous rounds in G
China has been invited to participate in a major US-led naval exercise, Chinese officials said Thursday, despite tensions between Beijing and Washington over activity in the disputed South China Sea. The Chinese military took part in the RIMPAC drill, bil
Spain's ruling party apologised to its voters Thursday after a former official claimed in court that it received "dirty money" for election campaigns in the eastern region of Valencia. "I'm ashamed and I apologise for the bad conduct of some people, to th
A groundbreaking quantum physics professor was named "Australian of the Year" on Thursday for her work heralded as ushering in a new era for computer science. British-born Michelle Yvonne Simmons, 50, and her team at the University of New South Wales crea
Tokyo's ambulance service has experienced its busiest day in more than 80 years, officials said Thursday, amid icy conditions as the Japanese capital shivers through its coldest temperatures in decades. The Tokyo fire department, which runs the ambulance
Pakistan crushed New Zealand by 48 runs in the second T20 in Auckland on Thursday to notch their first victory of the tour over the Black Caps. The tourists finally found form with both bat and ball to level the three-match T20 series after a humiliating
A dozen North Korean female ice hockey players joined their Southern counterparts Thursday to form a unified team - the Koreas' first for nearly three decades - at next month's Winter Olympics. The Pyeongchang Winter Games have triggered an apparent rappr
Suranga Lakmal led Sri Lankan bowlers on a confidence-boosting rampage to skittle out Bangladesh for 82 on Thursday and guide his side into the final of the Dhaka tri-nation tournament. Openers Upul Tharanga (39) and Danushka Gunathilaka (35) sped to the
Reigning world outdoor high jump champion Mariya Lasitskene is among 18 Russian athletes cleared to compete so far this year as neutrals, the IAAF said on Thursday. The sport's governing body said that while the Russian national federation remained banned
With the rapid spread of globalization, international trade and cross border investment flows are increasingly seen as the main elements of the global marketplace. Since international trade acts as a vehicle for economic development, Customs Administratio
US Commerce Secretary Wilbur Ross on Wednesday said odds favor a successful renegotiation of the landmark North American Free Trade Agreement but warned there are limits on what Washington will accept. A sixth round of negotiations is underway this week i
South Korea's economy unexpectedly shrank in the last quarter as struggling car exporters and industrial production failed to keep up the previous quarter's dashing pace, posting its worst performance since 2008. An 10-day Chuseok autumn holiday in Octobe
India's stock of soured bank loans shrank slightly in the quarter to September last year, the first pullback since a drive to clean up record levels of bad debt began in 2015 and signalling that tighter rules and a new bankruptcy code may be starting to s
Hit shows like "Game of Thrones" and "Riviera" helped Sky deliver a 10 percent rise in first-half earnings, underscoring the appeal of the European pay-TV group to the US media companies trying to buy it. Rupert Murdoch's Twenty-First Century Fox was prov
British online fashion retailer ASOS beat expectations for sales growth over Christmas and said it sees potential for e-commerce to expand to as much as 40 percent of all clothing sales in developed markets. After ASOS posted a 30 percent rise in retail s
Weakness was prevalent on the ready cotton market where some traders informed that lint values have shed between Rs 200 to Rs 300 per maund (37.32 Kgs) within a fortnight. Textile circles informed that cotton yarn prices have also gone down. Moreover, the
Weakness was prevalent on the ready cotton market where some traders informed that lint values have shed between Rs 200 to Rs 300 per maund (37.32 Kgs) within a fortnight. Textile circles informed that cotton yarn prices have also gone down. Moreover, the
Chicago Board of Trade wheat futures fell about 1 percent on Tuesday, pressured by chart-based selling and ample global grain stockpiles, traders said. Rain and snowfall in the eastern US Midwest replenished soil moisture for the dormant soft red winter w
Prices fluctuated slightly on the cotton market on Thursday in the process of modest trading, dealers said. The official spot rate was unchanged at Rs 7,500, they added. In ready session, around 6000 bales of cotton changed hands between Rs 6375-8000, the