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ISLAMABAD Finance Minister Senator Ishaq Dar on Tuesday said that country has  beendeprived of $2.4 billion foreign exchange due to the political uncertainty that delayed three important transactions; issuing of Sukuk bond, divestment of OGDCL shares and IMF tranche.Finance Minister made these remarks in a meeting with President Asian Development Bank Takehiko Nakao who called on him. Ishaq Dar said government has failed to complete three ...

KARACHI Stocks closed bullish led by selected banking, cement and oil stocks on strong earnings outlook.KSE benchmark 100-index up by 110.17 points or 0.37 points to end the day at 30180.30 points compared to the 30070.13 points of the previous day. Samar Iqbal AVP at Topline Securities said led by cements market comfortably settled over 30,000 points mark. News of increase in local cement prices coupled with DGKC’s better than expected ...

ISLAMABADPresident Mamnoon Hussain on Tuesday said reforms and improvement of infrastructure could provide an enabling environment for sustainable economic growth and development. Talking to Takehiko Nakao, President Asian Development of Pakistan (ADB), at the Aiwan-i-Sadr, the President said the support of development partners could assist in achieving the economic uplift of masses.The President appreciated the working relationship between ...

Lahore: Lahore Chamber of Commerce & Industry and Ghurki Trust ...

KARACHI (PR): Dubai Islamic Bank Pakistan Limited (DIBPL) and Royal ...

LONDON World oil prices stabilised on Tuesday as investors continued ...

KARACHI Political unrest and current floods badly hampered the ...

KARACHIKarachi Chamber of Commerce and Industry (KCCI) President ...

ISLAMABAD: First phase of Neelum Jhelum Transmission  Line would ...

BEIJINGChina will ban the sale and import of “dirty” coal in less than four months, a top government body said, in an anti-pollution move that could have repercussions for key exporters ...

ISLAMABAD The government has failed to release developmental funds for 21 federal ministries and two key national corporations--Wapda and National Highway Authority (NHA)--despite passing two and ...

Opel Group acts to counter downturn in Russian marketBERLIN (AFP): Opel Group, the European subsidiary of US auto giant General Motors, said on Tuesday it was reorganising its production in Russia ...

KARACHI: Dollar dipped against rupee in money market on Tuesday, it was traded at lowest rate of Rs 102.75 in inter bank.  According to the data provide by the Forex Association of Pakistan, ...

Islamabad- Asian Development Bank (ADB) President Takehiko Nakao has arrived in Islamabad on a three-day visit to discuss projects of national importance. In his brief remarks at the airport, he said ...

Fiza nominated as “Future Energy Leader”KARACHI (STAFF REPORTER): The CEO of Buksh Foundation and Director Buksh Energy Pvt. Ltd. Ms. Fiza Farhan has been nominated as the “Future ...

ISLAMABAD  - The Federal government on Monday has unveiled its new austerity plan, as it imposed ban on the purchase of new vehicles, new recruitments and restricting the official lunches and ...

KARACHI  - National Industrial Park CEO Engr Mohsin M. Syed, who is also the President of Industrial Electrical and Electrons Exhibition of Pakistan said “It is our utmost desire to end ...

ISLAMABAD  - Finance Minister Senator Ishaq Dar on Monday said that unusual circumstances had delayed the transaction of Oil and Gas Development Company Limited (OGDCL) for almost three weeks ...

ISLAMABAD  - Petroleum Minister Shahid Khaqan Abbasi on Monday said that first consignment of imported LNG would reach Pakistan by December or January next year.Addressing a press conference ...

KARACHI  - Stocks closed higher led by cement and banking stocks on strong valuations.At local equity market benchmark KSE-100 share index posted a fresh gain of 25.24 points or 0.08 percent to ...

ISLAMABAD  - The Federal Board of Revenue (FBR) on Monday asked the airlines to collect advance tax from passengers at the time of issuing air tickets, either these are issued manually or ...

KARACHI : Rupee further dipped against dollar in money market, dollar touched the figure of Rs 103 in inter bank on Monday.  According to the data provided by the Forex Association of Pakistan, ...

HONG KONG - Asian markets retreated Monday after data at the weekend showed Chinese industrial output expanded in August at its slowest rate since the global financial crisis.Wall Street provided a ...

MUMBAI - India’s wholesale price inflation slowed last month to its lowest in nearly five years, data showed Monday, but the country’s central bank governor dampened hopes of an interest ...

KARACHI (PR): In less than six weeks after its last discovery in exploratory well Sharf X-1 in company-operated Gambat South Block, PPL announced another gas-condensate discovery from exploratory ...

PESHAWAR  - Small and Medium Enterprise Development Authority (Smeda) in collaboration with Dimension Stone Centre of Pakistan Council of Scientific and Industrial Research (PCSIR) organised a ...

IBA, WB empowering Pak women entrepreneurs KARACHI (PR): The AMAN Center for Entrepreneurship Development (AMAN CED), IBA is collaborating with the World Bank & Include-a leading consultancy firm ...

Karachi- The business community has rejected the unlawful call by Pakistan Awami Tehreek chief Tahir-ul-Qadri to inscribe slogans on currency notes. Chairman of the All Karachi Tajir Ittihad Atiq Mir ...

LAHOREFollowing the massive floods in Punjab, the major wholesale markets are facing shortage of vegetables and fruits, as the floodwater destroyed not only cotton, rice, sugarcane crops but also ...

ISLAMABAD - Director Harvest Tradings Ahmad Jawad said Pakistani agriculture products are the best in the world, yet the sector has not excelled to its true potential.He said, the focus of untrained ...

KARACHI- State Bank of Pakistan (SBP) has asked the citizens to avoid writing political slogans on currency notes and said that banks will not accept such notes.In reaction to Pakistan Awami Tehreek ...

LAHORE- The Federation of Indian Chamber of Commerce and Industry hosted a dinner in honour of participants of 4-day “Alishan Pakistan”, the second edition of the lifestyle Pakistan ...

LAHORE - The Pakistan leather companies, participating in Lineapelle Mega Leather Fair being presently held at Milan, Italy, are expected to book order of around $15 million. The Pakistan companies ...

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