NEW DELHI - India’s government is appealing to corporate leaders to “keep the faith” as it struggles to revive a staggering economy, but the reply from business is they need more than talk to win back their support.Business confidence in the Congress party-led government has ...

The State Bank of Pakistan has announced its economic policy for next two month, keeping policy rate unchanged at 12 percent. It was announced at news conference by SBP Governor Yasin Anwar on Saturday. He said that there was no hope of decline in petroleum prices due to tensions between Iran and ...

KARACHI - Investors at Karachi bourse remained confused throughout the day due to ongoing hearing in the Supreme Court. Lower than expected profits in POL affected share price of all oil stocks. However, active interest was seen in Engro, Engro Foods and MCB. Once again mutual funds remained in ...

LAHORE The total cement dispatches are likely to remain flat at 12.42 million tons during 5MFY12 (July-Nov) compared to 12.54 million tons in corresponding period last year. According to industry sources, the trend was replicated in local dispatches which portrayed a meagre improvement to 8.67 ...

KARACHI (Reuters) The Karachi stock market closed flat on Wednesday amid thin trade as cautious investors awaited clarity on urea prices after reports it may fall in the domestic market, dealers said. The Karachi Stock Exchanges benchmark 100-share index fell 0.01pc, or 1.24 points, to close at ...

KARACHI (Reuters) - Increased payments for imports and gloomy sentiment surrounding the country's economic outlook forced the Pakistani rupee to end on a record low on Monday, dealers said, with downward pressure likely to continue. The rupee closed at 87.15/20 to the dollar. "During the day, the ...

A PET tortoise started a fire in a New York apartment after crawling out of its tank and knocking over a heat lamp. Giovani, a six-year-old African tortoise was unharmed, but one firefighter and three police officers suffered smoke inhalation during the fire in Brooklyn. The reptile tipped over his ...

LAHORE - The last day of business activity on Friday, volume again remained modest and business activities in KSE remained unimpressive, dull and flat throughout the day and kept limited and dry ahead of Eid holidays while modest trading put the market survival hopes dashed whereas benchmark KSE ...

LAHORE - Trading volume on the Karachi Stock market on Thursday shrank modestly from the already recent lows and business resumed in KSE with slow pace and activity remained limited, flat and dry throughout the day while the benchmark KSE 100-index witnessed no change to close at 9,184 points as ...

LAHORE - Business resumed on the first day of business week Monday in Karachi Stock Exchange (KSE) with some activity but again remained limited, flat and dry. Though last week business witnessed an upward change in KSE-100 which gained only one point on Thursday but whole week along with last ...

LAHORE - Business resumed on the last day of business week Friday in Karachi Stock Exchange (KSE) with some activity but remained limited, flat and dry. Though Thursday business registered a change in KSE-100 which gained 0.95 points but Friday business witnessed no change and it was closed at ...

LAHORE - Though the business in Karachi Stock Exchange (KSE) spurred and investors took some interest in trading with a hope but benchmark index remained unchanged and closed at 9,182.88 points on the first day of business week. Total 37 companies traded in the bourse in which 10 got advance ...

LAHORE - Despite the announcement to remove the floor from equity market on October 27 by the board of directors, the market was never stir on the fourth consecutive day and remained flat. No activities was seen in the market with the obvious reason that investors did not take interest in trading ...

LAHORE - The equity market remained flat on Wednesday as well and no change was seen in its index, as investors took no interest in day trading, adopting wait and see policy. The benchmark KSE 100-index closed at 9,184 points without gaining or losing a single point. While the total volume ...