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London- British magazine, The Economist, has said that Pakistan's stock market is doing well despite political crisis. The paper praised the privatization policy of the government and stock market growth. It said that the foreigners' interest in Pakistan’s stock exchange increased after the elections in May last year. The magazine said that despite facing a number of problems, Pakistan is almost mid-table in the World Bank's international ...

Islamabad- Governor Punjab Chaudhary Muhammad Sarwar visited the residence of JUI(F) Chief Maulana Fazlur Rehman in Islamabad and enquired about his health. The Governor condemned the murder attempt on Maulana Fazlur Rehman in Quetta. Minister for Information and Broadcasting Pervaiz Rasheed also visited the residence of JUI(F) Chief Maulana Fazlur Rehman in Islamabad to enquire about his welfare. Maulana escaped life attempt on Thursday in ...

Beijing- China Development Bank has agreed to sponsor an awareness conference for prospective investors for the construction of the 4,500 MW Diamer Bhasha Dam, the state media reported today. This transpired during Finance Minister Ishaq Dar’s meeting with the Executive Vice President of China Development Bank Zhao Xiaoyu in Beijing. The Minister said there is potential in energy, power, mining, agriculture and infrastructure sectors ...

LAHORE - The Indus Motor Company Limited has reported a profit after ...

LAHORE - Pakistan Sugar Mills Association Punjab zone chairman Javed ...

KARACHI : Dollar took strength against rupee in open market on ...

Islamabad :The federal government is likely to reduce the prices of ...

ISLAMABAD -  The sales revenue of OGDCL remained Rs. 257 billion ...

ISLAMABAD - The Securities and Exchange Commission of Pakistan (SECP) ...

PPL’s 63rd AGM approves 75pc cash dividendKARACHI (PR): The 63rd annual general meeting (AGM) of Pakistan Petroleum Limited (PPL) was held on Friday.Shareholders of the company approved ...

LAHORE (PR): All Pakistan Workers Confederation, in a press statement issued by veteran trade union leader Khurshid Ahmed, generation secretary, Rubeena Jamil, president, Yousuf Baloch, chairman, and ...

Karachi : In order to streamline its upcountry supply chain, Byco has announced a comprehensive expansion programme where it will set up refined petroleum products storage facilities. Speaking at the ...

RAWALPINDI : A joint seminar on “Capitalising the Benefits of GSP Plus” was organised by the Rawalpindi Chamber of Commerce and Industry (RCCI) and Pakistan Institute of Trade and ...

ISLAMABAD - The balanced use of Nitrogen and Phosphatic fertilizers can increase production of major crops up to 50 percent. This was stated by Dr. Rai Niaz Ahmad, Vice Chancellor Barani Agriculture ...

Telenor, Samsung sign MoUlahore (Staff Reporter): The Telenor Pakistan and Samsung Electronics Pakistan have signed an MoU to co-launch Samsung Galaxy Note 4 in Pakistan. The announcement in this ...

Karachi - Stocks closed higher led by oversold oil stocks ahead of quarter end earnings announcement due next week.The KSE 100-index further continued uphill trend on last day of trading week and ...

ISLAMABAD - Businessmen in a meeting at Islamabad Chamber of Commerce and Industry strongly protested against the installation of new faster electricity meters, which run 30-35 percent faster than ...

SHANGHAI  - Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to ...

Lahore - Punjab Chief Minister Muhammad Shahbaz Sharif has said country is facing serious energy crisis and government is making efforts on fast-track to overcome this problem.While talking to a ...

ISLAMABAD - Crucial talks between Pakistan and International Monetary Fund (IMF) would start from coming Wednesday in Dubai wherein Islamabad would try to impress the Fund on the economic situation ...

Karachi - Stocks closed higher in the quarter end earnings announcement session as global equities recover from sharp fall this week.At local equity market benchmark KSE-100 share index further grew ...

Lahore - Chairperson Punjab Revenue Authority (PRA) Iftikhar Qutab has said that judicious tax management is must for sustainable development.He was talking to the LCCI President Ijaz A. Mumtaz at ...

KARACHI - State Bank of Pakistan (SBP) has issued rules for payment system operators (PSOs) and payment service providers (PSPs) to promote competitive environment and transparency within the ...

Islamabad - The Pakistan Economy Watch (PEW) on Thursday said energy mix of Pakistan is being transformed in Pakistan which will have a positive impact on every sector of the economy. The ...

Lahore - PIA has so far operated 72 post-Haj flights bringing back more than 34,000 Hajis from Jeddah to Pakistan through Haj and regular scheduled flights, said PIA spokesman here on Thursday.He ...

LUMS hosts Pakistan-India Trade Normalisation Conferencelahore (Staff Reporter): The Department of Economics Lahore University of Management Science (LUMS) held a two-day International Conference on ...

KARACHI - Dollar took strength in money market on Thursday, it was traded at highest rate of Rs 103.05 in inter bank. According to the data provided by the Forex Association of Pakistan, dollar ...

Lahore - The Federal Ministry of Industries and Production has halted work on two major projects of Naushero Feroze Industrial Park and Sargodha Industrial Park initiated by the National Industrial ...

ISLAMABAD - Benazir Income Support Programme Chairman Enver Baig said that BISP is looking to extend its strategic partnership with different development partners including World Bank and Department ...

ISLAMABAD - The government has released Rs.170.259 million under Public Sector Development Programme (PSDP) 2014-15 for various on-goingand new developmental projects of Ministry of National Food ...

ISLAMABAD - Twenty Three major companies of the country are showcasing their food products including rice and spices in Paris in a bid to boost their exports. Pakistani rice and other food stuff ...

Bahria Town announces support for Edhi KARACHI (PR): Bahria Town has announced that it will extend maximum support to Mr. Edhi to recover the loss incurred. Chairman Bahria Town, Malik Riaz Hussain ...

Rawalpindi - By use of proportionate fertilizers, the productivity of crop can be increased about fifty per cent and model in this respect has been prepared by the Agriculture University Faisalabad ...

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