LAHORE   The PML-N is continuing to attract other parties and candidates after its victory in May 11 elections. After JUI-F’s coming on board the other day, National Peoples Party (NPP) chief Ghulam Murtaza Jatoi on Friday announced to merge his party into N-League. Sardar Jamal ...

karachi - The market opened on a positive and rallied by more than 200 points in anticipation that elections would bring positive news for economy. However, later on profit-taking was witnessed and market ended almost flat.At local equity market, the benchmark KSE 100-share index added 30.07 points ...

At the end of the Cold War and following the collapse of the Soviet Union, the US emerged as the sole superpower. Because of its enormous economic and military power, the US loomed large like a colossus on the global geopolitical scene. No other country in the world was even close to it in terms of ...

Secretary of Defense Leon Panetta said Thursday that the United States was running out of patience with Pakistan over safe havens of insurgents who attack US troops across the border in Afghanistan.Panetta spoke after talks with Afghan Defence Minister Abdul Rahim Wardak on the latest leg of an ...

PESHAWAR - Awami National Party Chief Asfandyar Wali Khan has said that a wave of uncertainty and misunderstanding has been created by some elements in the country, but no one will be allowed to derail the democratic process.He said ANP would not favour any unconstitutional move in this regard. ...

JEDDAH - Standing on a large floor map in a Jeddah art gallery, Hamza Serafi places a yellow sign inscribed "Caution: revolution (take 2)" over Egypt and then turns to Saudi Arabia."Evolution not revolution" reads the sign he plans to place over the conservative Islamic kingdom, where an exhibition ...

LAHORE (PPI) - The Securities and Exchange Commission of Pakistan while monitoring the insurance sector is also endeavouring to remove bottlenecks that hamper its growth and is attempting to bring it at par with international standards. The SECP protects the interest of the policyholders and ...

KARACHI - The State Bank of Pakistan has decided with immediate effect that maximum financing limit for a single export-oriented project under the Long-Term Financing Facility (LTFF) will not exceed Rs1 billion. According to a circular (SMEFD Circular Letter No. 4) issued on Monday, the decision ...

KARACHI - Profit-taking in late hours minimised the intra-day gain on Friday as KSE 100-index finally gained 55 points to close at 9306 points. The KSE 100-index opened in a positive zone with a gain of 33.56 points and at the end of the day closed at 9306.36 with a gain of 55.17 points. KSE ...

KARACHI - The State Bank of Pakistan (SBP) has allowed banks and DFIs to raise credit cards and personal loans limits to Rs 1 million to a person. Through a circular issued here on Wednesday, the central bank said the Bank/DFI may issue credit card to a person with a maximum unsecured limit not ...

KARACHI- State Bank of Pakistan has decided to revise the limit on exposure to a single person/group in a phased manner over the next five years. The revised limits and the dates from which the same shall be effective are given below: Effective date Exposure limit as a % of bank's/DFI's equity (as ...

KARACHI- Governor  State Bank of Pakistan, Dr Shamshad Akhtar announced Monday that the SBP has enhanced the indicative per acre credit limits for major and minor crops, orchards and forestry by an average seventy per cent. The enhancement in credit limits has been made on the basis of current ...