KARACHI - Board of Directors Chairman of the National Bank of Pakistan Syed Ali Raza and NBP President Syed Qamar Hussain have resigned because of corruption charges, sources told TheNation on ...
KARACHI - Though the tax collection target set by the government for the fiscal year 2011-12 is achievable but economic conditions do not seem to support it. In order to broaden the tax base, the ...
KARACHI - Billions of dollars are flying out of Pakistan through unofficial channels and the government and the State Bank of Pakistan seem to have failed to control the trend, as many politicians, ...
KARACHI - The large and medium-sized banks owned and operated by business families performed remarkably well in 2010. Notably, such local commercial banks outperformed other banks in terms of ...
KARACHI - The resignation of Shahid H. Kardar as Governor State Bank of Pakistan could signal trouble ahead for monetary policy outlook and economic growth of the country, according to economic and ...
KARACHI - The scheduled banks will continue to show reluctance in extending credit to the private sector in fiscal year 2011-12 mainly due to the fear of liquidity crunch, experts say.
Pakistans ...
KARACHI - The local manufacturers of textile and clothing can fully compete in international market by pursuing aggressive marketing strategies and innovative branding, according to the latest report ...
KARACHI - The State Bank of Pakistan (SBP) has stated that the size of the fiscal deficit cannot be reduced unless the government controls excessive borrowing from the central bank, along with fully ...
KARACHI - The Karachi Stock Exchange (KSE) witnessed a net inflow of $63 million in the first six months (January-June) of current calendar year (2011), showing a decline of 77 per cent when compared ...
KARACHI - Although all governments have been taking foreign loans to meet their requirements, the government of Prime Minister Syed Yousuf Raza Gilani set new records of getting loans during its ...
KARACHI- The four Independent Power Producers (IPPs), Nishat Chunian, Nishat Power, Liberty and Atlas Power, have withdrawn the notices of invoking sovereign guarantee after meeting with Minister ...
KARACHI- Liberalising the automotive parts trade with India will have negative impacts on the vending industry of Pakistan, according to a position paper released by Pakistan Business Council.
The ...
KARACHI - Banks credit to the private sector has swelled by Rs15.655 billion to Rs98.499 billion in July-June 4 (2010-11) as compared to Rs82.844 billion during the corresponding period of last ...
KARACHI - The Pakistani rupee has been experiencing downward trend against major currencies of the world, especially the devaluation of rupee in the last two years has raised the input cost ...
KARACHI- A report by the Standard Chartered Global Research fears that the central governments borrowing from the banking system for deficit financing will increase to Rs550 billion in the next ...
KARACHI The government is unlikely to meet an ambitious fiscal deficit target of Rs 975 billion, or 4.5 per cent of GDP in the fiscal year 2011-12 in an anticipation of weak taxation implementation, ...
KARACHI - The Pakistan Business Council (PBC) has recommended to the government to improve countrys fiscal policy by lowering the size of budget deficit and increasing tax-to-GDP ratio. If government ...
KARACHI - The Federal Government has been advised to privatize the Industrial Development Bank of Pakistan (IDBP) in order to improve its performance and make it more viable.
The seasoned bankers ...
KARACHI - The State Bank of Pakistan has stated that the capital structure of some of the smaller banks reported a considerable improvement in October-December, 2010, primarily on account of three ...
KARACHI - If the federal government enacts the 2.5-5 per cent corporate tax increase recommended by the Federal Board of Revenue, there could be far-reaching negative consequences for the banking ...
KARACHI - The State Bank of Pakistan kept the key policy rate for the next two months unchanged at 14 percent on Saturday, but urged more fiscal discipline in order to put a check on inflationary ...
KARACHI - Pakistans current account has recorded a surplus of $784 million in the first ten months of current fiscal year 2010-11 against deficit of $3.456 billion in the same period of last year due ...
KARACHI - Net Foreign Investment in Pakistan dropped 8.6 per cent to $1.534 billion in the first ten months (July-April) of current fiscal year, 2010-11 amid reduction in the inflows of foreign ...
KARACHI - Total development spending for the upcoming fiscal year 2011-12 is expected to be fixed at Rs650 billion against an official indicative budget estimate of Rs710 billion and the revised ...
KARACHI - Banking Mohtasib Pakistan Mansur-ur-Rehman Khan has said that the total number of formal and informal complaints received by Banking Mohtasib Secretariat under the category of frauds has ...
KARACHI - Pakistans broad money growth (M2), a key economic indicator used to forecast inflation, has increased to 9.62 per cent in the first ten months of current fiscal year 2010-11, compared with ...
KARACHI After the death of Osama bin Laden, it seems that allied forces would withdraw from Afghanistan as the war-on-terror is almost reaching to its virtual end. But, on the other side, Pakistani ...
KARACHI - The year-on-year based Consumer Price Index (CPI) inflation rate in the federal and provincial capitals like Karachi, Lahore and Islamabad exhibited a slight decline as stood at 11.3 ...
KARACHI - The big five banks will continue to report strong financial performance in the upcoming quarters due to growing interest and non-funded income of such banks, according to banking sector ...
KARACHI - The foreign trade experts appreciate the resumption of trade talks between the two countries, but fear that the business communitys demands to give a Most Favoured Nation to India could ...
Wednesday, 22 May, 2013
May 18, 2013PML-N warns PM Khoso crossing limits
May 15, 2013, 6:10 pmUK police to take action on Altaf's speech: Thomson
May 16, 2013PTI-led KPK coalition govt worked out
May 19, 2013, 7:37 pmAltaf Hussain slams PTI leader's murder
May 20, 2013, 12:14 pmPTI will hold protest demo in Karachi on Monday: Imran
May 16, 2013Altaf’s speech on Scotland Yard’s radar
May 17, 2013Recount strips Ch Nisar of PP-7 victory
