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  ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Wednesday witnessed a bullish trend as the index gained 21.64 points to close at 2793.58 when compared to the previous day's trading. Stock Analyst, First National Equity Pvt Ltd, M.M Hassan told APP that the rise in price of Oil and Gas Development Corporation (OGDC) by Rs.2.91 caused positive sentiments in the local market. He said that the OGDC was index heavy weight shares which helped the market to remain ...
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  KARACHI: State Bank of Pakistan (SBP) on Wednesday accepted bids for three and six months treasury bills, having a total face value of Rs 4.835 billion. According to the SBP, offers of about Rs 86.879 billion were received from primary dealers (banks) for T-bills of three, six and 12 months maturity. The cut off yield for three months was 11.7367 percent and for six months 11.8070 percent per annum. Bids for 12 months were rejected by SBP. Copyright ...
  KARACHI: The managements of Karachi Electric Supply Company (KESC) and Sui Southern Gas Company (SSGC) on Monday resolved to amicably settle major issues including gas supplies and long standing arrears. According to SSGC, the chairman and board of directors of KESC and SSGC took this decision during a joint meeting held at SSGC House  here on February 20. They expressed their determination to resolve major issues of common interest especially pertaining to gas supplies, long standing  dues ...
  KARACHI: Karachi Chamber of Commerce & Industry (KCCI) has urged the government to withdraw SRO-821(I)/2011, making it mandatory for all purchases by unregistered person to mention CNIC/NTN. In a statement issued here Wednesday, president KCCI Mian Abrar Ahmad stated that the said SRO, issued by the Federal Board of Revenue (FBR) has created immense hurdles in doing business. The business and industrial community cannot comply with it, he added. KCCI president, while criticising the repeated moves made ...
  ISLAMABAD: Secretary Information PPP Chaudhry Qamamr Zaman Kaira assured participants here in a seminar to solve the issue of industrial relation laws before laps of Industrial Relations Ordinance 2008 expected to be expired on March 17. The workshop titled `the Need for Federal Mandate on Industrial Relation Laws' was organized by Pakistan Institute for Legislative Development and Transparency (PILDAT). He further assured that National Assembly session could be called for promulgation of such Law before its expiration. It ...
  KARACHI: Provincial Chief Minister, Syed Qaim Ali Shah, called on Sindh Governor, Dr. Ishratul Ebad Khan, at the Governor House here on Tuesday evening. Qaim Ali Shah was accompanied by the provincial ministers Agha Siraj Khan Durrani, Ayaz Soomro and Rafiq Engineer. Matters pertaining to the prevailing situation in the province, development works and the Senate elections besides other important issues came up for discussion on the occasion. Qaim Ali Shah and the provincial ministers also congratulated the ...
  LONDON: Foreign Minister Hina Rabbani Khar on Monday said Pakistan's relations with United Kingdom were exemplary as the country had always extended assistance according to Pakistan's needs and through its own system. She said that UK's approach towards Pakistan could be best described as "say less and do more". She was talking to British Pakistani Parliamentarians at a lunch here. "Pakistan- UK relations are based on mutual respect and mutual interest," she said. The Minister also briefed the ...

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