The rupee moved both ways against the dollar on the money market on Friday in process of trading activity, dealers said. The rupee shed slight gains versus the dollar for buying and selling at Rs 156.25 and Rs 156.28, they said.
The rupee moved both ways against the dollar on the money market on Friday in process of trading activity, dealers said. The rupee shed slight gains versus the dollar for buying and selling at Rs 156.25 and Rs 156.28, they said.
Chief of Army Staff General Qamar Javed Bajwa has appreciated the efforts of Army and other law enforcement agencies (LEAs) in maintaining law and order in Balochistan to facilitate completion of development projects. The Army Chief said this during his v
Chief of Army Staff General Qamar Javed Bajwa has appreciated the efforts of Army and other law enforcement agencies (LEAs) in maintaining law and order in Balochistan to facilitate completion of development projects. The Army Chief said this during his v
Prime Minister Imran Khan on Friday urged the international community to take notice of Indian atrocities in Occupied Kashmir, and promised to raise the Kashmir issue at next week's UN General Assembly session. In a fiery speech at University Ground to sh
Prime Minister Imran Khan on Friday urged the international community to take notice of Indian atrocities in Occupied Kashmir, and promised to raise the Kashmir issue at next week's UN General Assembly session. In a fiery speech at University Ground to sh
The London Stock Exchange Group on Friday turned down a takeover bid by the Hong Kong Stock Exchange, citing "fundamental" flaws and concerns over its ties to the Hong Kong government. In a statement, LSEG said management "unanimously rejects the conditio
The London Stock Exchange Group on Friday turned down a takeover bid by the Hong Kong Stock Exchange, citing "fundamental" flaws and concerns over its ties to the Hong Kong government. In a statement, LSEG said management "unanimously rejects the conditio
The Federal Board of Revenue (FBR) has allowed refund/input tax adjustment of sales tax/federal excise duty paid by ghee/cooking manufacturers, oil mills, steel and other sectors which earlier operated under the sales tax special procedure. In this regard
The Federal Board of Revenue (FBR) has allowed refund/input tax adjustment of sales tax/federal excise duty paid by ghee/cooking manufacturers, oil mills, steel and other sectors which earlier operated under the sales tax special procedure. In this regard
The International Monetary Fund (IMF) has stated that Pakistan needs to mobilize domestic tax revenue to fund much-needed social and development spending by keeping debt on a firm downward trend. This was stated by Director IMF Communications Depar-tment,
The International Monetary Fund (IMF) has stated that Pakistan needs to mobilize domestic tax revenue to fund much-needed social and development spending by keeping debt on a firm downward trend. This was stated by Director IMF Communications Depar-tment,
A delegation, comprising senior management of Citibank led by its President and Country Corporate Office, Nadeem Lodhi called of Adviser to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh, here Friday. During the meeting, opportunities and i
A delegation, comprising senior management of Citibank led by its President and Country Corporate Office, Nadeem Lodhi called of Adviser to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh, here Friday. During the meeting, opportunities and i
The government on Friday warned sugar industry that if the commodity's price continues to show an increasing trend in the domestic market, options of putting a ban on exports maybe explored. This message was conveyed to the sugar industry at a meeting of
The government on Friday warned sugar industry that if the commodity's price continues to show an increasing trend in the domestic market, options of putting a ban on exports maybe explored. This message was conveyed to the sugar industry at a meeting of
The State Bank of Pakistan (SBP) Governor Dr Reza Baqir has assured that country's economy would see turnaround sooner than later by adhering economic reform programme. He was speaking at the 16th Annual Excellence Awards Ceremony, organised by CFA Societ
The State Bank of Pakistan (SBP) Governor Dr Reza Baqir has assured that country's economy would see turnaround sooner than later by adhering economic reform programme. He was speaking at the 16th Annual Excellence Awards Ceremony, organised by CFA Societ
Inflows of workers' remittances sent by overseas Pakistanis have posted a notable decline of 17 percent during the month of August 2019. According to State Bank of Pakistan (SBP), overseas Pakistani workers have remitted $1.691 billion in August 2019 as c
Inflows of workers' remittances sent by overseas Pakistanis have posted a notable decline of 17 percent during the month of August 2019. According to State Bank of Pakistan (SBP), overseas Pakistani workers have remitted $1.691 billion in August 2019 as c
The government on Friday introduced 'The Banks (Nationalization) (Amendment) Bill, 2019' for regulatory supervision of all non-banking institutions, including National Investment Trust Limited (NITL), under the regulatory purview of Securities and Exchang
The government on Friday introduced 'The Banks (Nationalization) (Amendment) Bill, 2019' for regulatory supervision of all non-banking institutions, including National Investment Trust Limited (NITL), under the regulatory purview of Securities and Exchang
Pakistan Stock Exchange ended on negative note on the last day of the week as the investors opted to book profit on available margins in various sectors. BRIndex100 lost 5.75 points or 0.17 percent to close at 3,297.04 points on Friday. During the session
Pakistan Stock Exchange ended on negative note on the last day of the week as the investors opted to book profit on available margins in various sectors. BRIndex100 lost 5.75 points or 0.17 percent to close at 3,297.04 points on Friday. During the session
Pakistan Stock Exchange ended on negative note on the last day of the week as the investors opted to book profit on available margins in various sectors. BRIndex100 lost 5.75 points or 0.17 percent to close at 3,297.04 points on Friday. During the session
An earthquake that struck east of the Philippine capital Manila on Friday set buildings swaying and sent scores into the streets, but authorities said they did not expect any damage. The 5.2-magnitude jolt hit offshore near sparsely populated Polillo Isla
A three-member special bench of the Supreme Court will start hearing 107 pending petitions regarding Gas Infrastructure Development Cess (GIDC) levy from September 19. The bench headed by Justice Mushir Alam and comprising Justice Faisal Arab and Justice
A three-member special bench of the Supreme Court will start hearing 107 pending petitions regarding Gas Infrastructure Development Cess (GIDC) levy from September 19. The bench headed by Justice Mushir Alam and comprising Justice Faisal Arab and Justice
The federal government has decided to accelerate the privatisation process to generate more funds for domestic debt retirement. Addressing the corporate and financial sector stakeholder here on Friday at a hotel here, Mohammadmian Soomro, the Federal Mini
The federal government has decided to accelerate the privatisation process to generate more funds for domestic debt retirement. Addressing the corporate and financial sector stakeholder here on Friday at a hotel here, Mohammadmian Soomro, the Federal Mini
Foreign Minister Shah Mehmood Qureshi has said that the federal government would not interfere in the working of the Sindh government. "The members who are sitting in the House, particularly those who belong to Sindh, should not have any concern about inv
Foreign Minister Shah Mehmood Qureshi has said that the federal government would not interfere in the working of the Sindh government. "The members who are sitting in the House, particularly those who belong to Sindh, should not have any concern about inv
Dr Shahbaz Gill tendered his resignation from the office of spokesperson for Punjab Chief Minister on Friday. "I hereby resign from the office of official spokesperson to CM Punjab," Gill stated in a note of resignation addressed to the chief minister. Dr
Dr Shahbaz Gill tendered his resignation from the office of spokesperson for Punjab Chief Minister on Friday. "I hereby resign from the office of official spokesperson to CM Punjab," Gill stated in a note of resignation addressed to the chief minister. Dr
Sharing a name with one of Europe's most brutal dictators isn't a problem in his home country, but Indian politician MK Stalin admitted Friday it raised eyebrows on a visit to Russia. "As soon as I landed at a Russian airport, I was asked to mention my na
The Supreme Court has ruled that private schools shall not recover as arrears for any reason or under any circumstances 20% reduction in fee directed through its order dated 30-12-18. The Court on December 30, 2018 had directed all the educational institu
The Supreme Court has ruled that private schools shall not recover as arrears for any reason or under any circumstances 20% reduction in fee directed through its order dated 30-12-18. The Court on December 30, 2018 had directed all the educational institu
The Islamabad High Court (IHC) has constituted a division bench for hearing former prime minister Nawaz Sharif's appeal against his conviction in Al-Azizia Steel Mill case from September 18. The dual bench of IHC comprising Justice Aamer Farooq and Justic
The Islamabad High Court (IHC) has constituted a division bench for hearing former prime minister Nawaz Sharif's appeal against his conviction in Al-Azizia Steel Mill case from September 18. The dual bench of IHC comprising Justice Aamer Farooq and Justic
The US House of Representatives Foreign Affairs Committee said on Thursday it will subpoena President Donald Trump's special Afghanistan envoy, Zalmay Khalilzad, to testify on Sept. 19, after the abrupt cancellation of talks with the country's Taliban mil
The US House of Representatives Foreign Affairs Committee said on Thursday it will subpoena President Donald Trump's special Afghanistan envoy, Zalmay Khalilzad, to testify on Sept. 19, after the abrupt cancellation of talks with the country's Taliban mil
The decision to raise the discount rate to 13.25 percent on 16 July, a 150 basis points raise in addition to the raise of 100 basis points on 20 May, has widened the distrust between the Khan administration's economic team and the business community with
Under Article 56 of the Constitution the President "may" address either House or both Houses assembled together, but he is under constitutional obligation to address a joint session of Parliament at the commencement of each year, and also inform it of the
Prime Minister Imran Khan while addressing a select group of businesspeople said last Tuesday that his government was making all-out efforts to provide maximum facilities to business community.
Remarkably, well at least on the face of it, economic decisions are now the domain of the electronic media; not that there is any intention of taking any credit away from the media celebrities who seemingly reversed a decision which might have resulted in
Those expecting Joe Biden's presidential candidacy to flame out any day now will have to keep waiting. The former US vice president survived another Democratic debate on Thursday largely unbloodied and unbowed, leaving those on the margins of the race for
Christine Lagarde will face a momentous decision in her first year as European Central Bank President: give up on reviving inflation or give in to the temptation of bankrolling governments with never-ending bond purchases.
The PTI government appears to be deeply concerned about the role of SOEs that are causing a huge burden on country's economy. That is why the adviser to PM on finance Dr Abdul Hafeez Sheikh has underscored the need for taking the required steps aimed at c
Lawmakers from all four provinces and different political parties Friday joined hands for generating a national response to achieve the Sustainable Development Goals (SDGs). The members of the Senate, National Assembly and members of the four provincial a
The Accountability Court hearing the multibillion rupees fake bank accounts case on Friday linked provision of air-conditioning facility to former president Asif Ali Zardari in jail with doctors' opinion. Accountability Court Judge Muhammad Bashir was hea
Foreign Minister Shah Mehmood Qureshi has said that international community has rejected India's false narrative on the illegal and unilateral actions of August 5 in the Occupied Jammu and Kashmir while Pakistan's diplomatic efforts are bearing fruit.
Chairman National Disaster Management Authority (NDMA), Lieutenant General Muhammad Afzal on Friday said that Pakistan has made a great progress in establishing a robust disaster management mechanism. He was talking to Japanese Ambassador Kuninori Matsuda
A number of women and children Friday staged a protest against the continued lockdown and other atrocities being carried out by Indian troops in Occupied Kashmir. The protest rally was held in connection with Kashmir Solidarity Movement to express solidar
An Accountability Court hearing multibillion rupees fake bank accounts case on Friday extended physical remand of a director of Securities and Exchange Commission of Pakistan (SECP) for another 14 days in Park Lane reference filed against former president
Prime Minister Imran Khan's visit to Karachi on Saturday (today) has been postponed. The prime minister was scheduled to visit Karachi on Saturday. Sources said that the PM will visit Karachi after the Karachi Strategic Committee prepared its recommendati
Pakistan Muslim League-Nawaz (PML-N) leader Khawaja Muhammad Asif has said that opposition would approach the Supreme Court if the speaker National Assembly does not issue production orders for the detained members of the House. Speaking on the floor of t
Federal Investigation Agency (FIA) has placed the names of another seven most wanted human smugglers/traffickers on its Red Book 2019. The ninth edition of Red Book 2019, which was recently published, contains the profiles of 100 most wanted human smuggle
Frontrunner Joe Biden went on the offensive on Thursday in the third Democratic debate of the 2020 White House race, taking on the Afghanistan issue and saying that a future United States strategy in the war-torn country could depend on bases in Pakistan.
Pakistan's first Collateral Management Company (CMC) is expected to be operational by March 2020. The Chairman, Securities and Exchange Commission of Pakistan (SECP) Aamir Khan and the Commissioner, Securities Market Division, Shauzab Ali chaired a crucia