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ISLAMABADPolitical unrest in the federal capital has created panic in the forex market as dollar value has once again gone beyond Rs 101 in inter-bank and open market.Market sources informed that Pakistani rupee is under pressure from last few days mainly due to the political unrest created by Pakistan Tehreek-I-Insaf (PTI) and Pakistan Awami Tehreek (PAT) protests in the federal capital from last one week. The dollar crossed Rs 101 level on ...

KARACHIStocks showed recovery led by oil and telecom scrips after reports on Moody’s credit positive assessment on government despite political stand off and IMF revised GDP growth forecast ‘15 at 4.3 percent.At KSE benchmark 100 share index posted a fresh gain of 34.72 points or 0.12 percent to end the trading at 28664.84 points compared to the 28630.12 points of the previous session. KSE-Allshare index up by 11.71 points or 0.06 ...

KARACHICurrent political turmoil further hampered the economical activities in the country.Panic spread out in economic market ahead of the flight of capital, curtailment of foreign investment charging up the dollar price. Experts believed that further turmoil would boost up dollar and that would be uncontrollable in any sort of political disaster.Dr Shahid Hassan Siddiqy renowned Economist told The Nation foreign reserves are bellow the safe ...

Syed Shahroz HasanThe government has abolished capacity tax on the ...

KARACHI (PR): Al Baraka Banking Group announced its collaboration ...

PESHAWAR - Khyber Pakhtunkhwa Chamber of Commerce and Industry on ...

WASHINGTON - Pakistan’s ambassador to the United States Jalil ...

ISLAMABAD A total of 30 trainers from all over Pakistan are being ...

ISLAMABAD -  The Tarbela dam on Wednesday attained its maximum ...

BANGKOK (PR): The US Agency for International Development (USAID) and the Rockefeller Foundation have announced a $100 million Global Resilience Partnership that lays out a bold new vision for ...

LAHORE (PR):  Nayyar Hussain Bukhari, Senate chairman said that the open environment we are living today is the result of the sacrifices of thousands of supporters of Pakistan Movement, the ...

ISLAMABAD (PR): Pakistan Telecommunication Company Limited (PTCL) is offering its EVO customers free internet along with waiver on outstanding dues on reconnecting their inactive EVO devicesThe offer ...

Engro’s revenue up by 16 per cent in 6 monthsISLAMABAD (APP): Engro Corporation on Wednesday announced its results for first half where it recorded a 16 percent increase in revenue from Rs ...

RAWALPINDIAn MoU was signed between Rawalpindi Chamber of Commerce and Industry (RCCI) and UK-Pakistan Chamber of Commerce and Industry at Mumtaz Hotel London, England, informed RCCI spokesman here ...

LAHORE (APP): Pakistan Railways administration has decided to operate Cargo Express Train from Badami-Bagh to Karachi from September 2. According to a notification on Wednesday, the train ...

Karachi- The US dollar rose 70 paisas in the inter-bank market today after which it touched the Rs101.10 mark. Moreover, the Karachi Stock Exchange (KSE) 100-index staggered to the level of 28, 494 ...

islamabad Country’s trade deficit narrowed by 16.58 per cent during the first month of the ongoing fiscal year (2014-15) compared to the same month of last year, mainly owing to decline in ...

ISLAMABAD Climate change will slash up to 9pc off the South Asian economy every year by the end of this century if the world continues on its current fossil-fuel intensive path, according to Asian ...

KARACHI Political uncertainty and rupee instability played a catalyst role in bearish activity at Karachi Stock Exchange and 100-index declined by 0.56pc.KSE benchmark 100-share index misplaced ...

KARACHISMEs State Bank of Pakistan Executive Director Samar Hasnain stated that over the past two years, SBP has been closely monitoring the Bank-Loan performance shown by the Small and Medium ...

MULTANAgriculture experts have advised growers to be vigilant of dusky cotton and red cotton bugs and asked them to consult experts for their in timely control in the cotton belt, particularly from ...

Accountability of business leaders demandedISLAMABAD (Online): The Pakistan Economy Watch (PEW) on Tuesday demanded accountability of the business leaders saying that economy cannot progress if ...

lahoreThe Punjab government on Tuesday approved eleven development schemes of different development sectors with an estimated cost of Rs. 6695.570 million.These schemes were approved in the 6th ...

KARACHI - Dollar took further strength against rupee in inter bank and cash free market on Tuesday. It was traded at the highest rate of Rs 100.70 in inter bank. According to the data provided by the ...

Samsung wins awards LAHORE (PR): Samsung Electronics Co. Ltd announced that the European Imaging and Sound Association (EISA) has awarded the company multiple awards in the following categories: ...

LAHORE (PR): Qalam Foundation Chairman Allama Abdus Sattar Asim has condoled the sad demise of the sister of  Mujeeb ur Rehman Shami and EVP NBPShahzad Akhtar Shami’s mother .In his ...

BANGKOK  - Thailand's economy grew 0.9 percent in the second quarter, dodging recession after the military ended months of political deadlock with a coup and promised to unshackle spending.The ...

FRANKFURT - Germany's central bank on Monday warned that global tensions including the Ukraine crisis have clouded its outlook for this year, although it does not expect the Europe's biggest economy ...

BEIJING  - Foreign direct investment (FDI) into China dropped by more than a sixth year-on-year to a two-year low in July, the government said Monday, but denied any link to Beijing's multiple ...

LAHORE Majority of traders of Lahore and other cities have criticised PTI Chairman Imran Khan’s call for civil disobedience and saying it will not succeed.They said that in a country which ...

LAHORE All Pakistan Textile Mills Association (APTMA) here Monday rejected Pakistan Tehrik-e-Insaf (PTI) call for civil disobedience in the national interest.The APTMA Central Chairman Yasin Siddik ...

KARACHI Senior Economic Officer of US Consulate in Karachi, Alexander Orr has said that United States wants to enhance trade and investment ties as Washington is keen to look for more investment and ...

LAHORE Though FIA has arrested an official allegedly involved in the embezzlement of millions of rupees in procurement and logistic department of PIA and some other officers are under investigation ...

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