This is with reference to the enforcement actions taken by the Securities and Exchange Commission of Pakistan (SECP) wherein penalties have been imposed on the Karachi Stock Exchange and its senior management on account of negligence in taking timely enfo
A 22-year-old victim of rape by a fake faith healer (Pir) attempted to commit suicide by consuming poisonous pills in Rajana town here on Friday. According to police, Afia, resident of village 285GB, was subjected to sexual assault by Muhammad Asghar, the
The North Waziristan Taliban led by Hafiz Gul Bahadar have formally revoked the peace accord with the Pakistani government, a pamphlet distributed by the group in the tribal region said. The faction, as the pamphlet sent to media by Bahadur's spokesman Ah
North Karachi Association of Trade and Industry's (NKATI) President Mahmood Rangoonwala has urged the Prime Minister Nawaz Sharif and Federal Finance Minister Ishaq Dar to wave the import duty on yarn in the incoming budget of 2014-15. He was of the view
The Senate Standing Committee on Interior and Narcotics Control on Friday approved an Anti-Terrorism (second amendment) Bill, 2014 relating to counter financing of terrorism in the country. The committee unanimously passed the bill after the government in
The Senate Standing Committee on Interior and Narcotics Control on Friday approved an Anti-Terrorism (second amendment) Bill, 2014 relating to counter financing of terrorism in the country. The committee unanimously passed the bill after the government in
Regulated campaigning for and against Scottish independence began on Friday four months before the referendum, against a backdrop of disputed economic claims. British finance minister George Osborne said the 300-year-old union between England and Scotland
Regulated campaigning for and against Scottish independence began on Friday four months before the referendum, against a backdrop of disputed economic claims. British finance minister George Osborne said the 300-year-old union between England and Scotland
Inefficiencies of Public Sectors Enterprises (PSEs) have resulted in higher lending from the domestic banking system to ease financial issues. According to the State Bank of Pakistan (SBP), PSEs borrowed over Rs 74 billion during first nine months of curr
Inefficiencies of Public Sectors Enterprises (PSEs) have resulted in higher lending from the domestic banking system to ease financial issues. According to the State Bank of Pakistan (SBP), PSEs borrowed over Rs 74 billion during first nine months of curr
Inefficiencies of Public Sectors Enterprises (PSEs) have resulted in higher lending from the domestic banking system to ease financial issues. According to the State Bank of Pakistan (SBP), PSEs borrowed over Rs 74 billion during first nine months of curr
The Privatisation Commission (PC) has convened its board meeting on June 6 to review the preparations for first capital transaction of United Bank Limited (UBL). An official told Business Recorder that the board members would evaluate the floor pri
The Privatisation Commission (PC) has convened its board meeting on June 6 to review the preparations for first capital transaction of United Bank Limited (UBL). An official told Business Recorder that the board members would evaluate the floor pri
The rupee almost held the overnight levels against the dollar on the currency market on Friday in the process of trading, dealers said. The rupee firmly held the overnight levels against the dollar for buying and selling at Rs 98.68 and Rs 98.70 respectiv
The Privatisation Commission (PC) has convened its board meeting on June 6 to review the preparations for first capital transaction of United Bank Limited (UBL). An official told Business Recorder that the board members would evaluate the floor pri
The rupee almost held the overnight levels against the dollar on the currency market on Friday in the process of trading, dealers said. The rupee firmly held the overnight levels against the dollar for buying and selling at Rs 98.68 and Rs 98.70 respectiv
The Privatisation Commission (PC) has convened its board meeting on June 6 to review the preparations for first capital transaction of United Bank Limited (UBL). An official told Business Recorder that the board members would evaluate the floor pri
Port Qasim Authority (PQA) Friday revealed that 54 Nato containers, carrying 31 consignments were disappeared from the port, causing a loss of Rs 18.9 million to the national exchequer, under the head of custom duty. This was revealed at the Senate Standi
Port Qasim Authority (PQA) Friday revealed that 54 Nato containers, carrying 31 consignments were disappeared from the port, causing a loss of Rs 18.9 million to the national exchequer, under the head of custom duty. This was revealed at the Senate Standi
Port Qasim Authority (PQA) Friday revealed that 54 Nato containers, carrying 31 consignments were disappeared from the port, causing a loss of Rs 18.9 million to the national exchequer, under the head of custom duty. This was revealed at the Senate Standi
Gunfire erupted Friday between troops along the Myanmar-Bangladeshi border over a soldier Bangladesh alleges was shot by its neighbour's security forces and dragged over the frontier. The clash broke out Friday afternoon after the man's body was not deliv
Gunfire erupted Friday between troops along the Myanmar-Bangladeshi border over a soldier Bangladesh alleges was shot by its neighbour's security forces and dragged over the frontier. The clash broke out Friday afternoon after the man's body was not deliv
Legal battle between Regional Tax Office (RTO-II), Karachi and the power utility intensified as the tax office started rejecting claims of taxpayers for income tax credit worth around Rs 5.5 billion; it is learnt here on Friday. Sources said as per sectio
Legal battle between Regional Tax Office (RTO-II), Karachi and the power utility intensified as the tax office started rejecting claims of taxpayers for income tax credit worth around Rs 5.5 billion; it is learnt here on Friday. Sources said as per sectio
Legal battle between Regional Tax Office (RTO-II), Karachi and the power utility intensified as the tax office started rejecting claims of taxpayers for income tax credit worth around Rs 5.5 billion; it is learnt here on Friday. Sources said as per sectio
Legal battle between Regional Tax Office (RTO-II), Karachi and the power utility intensified as the tax office started rejecting claims of taxpayers for income tax credit worth around Rs 5.5 billion; it is learnt here on Friday. Sources said as per sectio
The Securities and Exchange Commission of Pakistan (SECP) has approved the regulations of the National Clearing Company of Pakistan Limited (NCCPL) to provide for the clearing and settlement mechanism of the Direct Settlement Services (DSS) which is opera
The Securities and Exchange Commission of Pakistan (SECP) has approved the regulations of the National Clearing Company of Pakistan Limited (NCCPL) to provide for the clearing and settlement mechanism of the Direct Settlement Services (DSS) which is opera
The Securities and Exchange Commission of Pakistan (SECP) has approved the regulations of the National Clearing Company of Pakistan Limited (NCCPL) to provide for the clearing and settlement mechanism of the Direct Settlement Services (DSS) which is opera
Pakistan Muslim League-Q leaders Chaudhry Shujaat Hussain and Pervez Elahi met Awami Tehreek chief Dr Tahirul Qadri in London on Friday. Addressing a joint press conference after the meeting, Qadri said that the prevailing system in Pakistan was against t
Pakistan Muslim League-Q leaders Chaudhry Shujaat Hussain and Pervez Elahi met Awami Tehreek chief Dr Tahirul Qadri in London on Friday. Addressing a joint press conference after the meeting, Qadri said that the prevailing system in Pakistan was against t
Federal Minister for Science and Technology Zahid Hamid inaugurated a new campus of COMSATS Institute of Information and Technology (CIIT) on Friday. Addressing the inaugural ceremony as chief guest, the Minister said market-oriented disciplines would be
Federal Minister for Science and Technology Zahid Hamid inaugurated a new campus of COMSATS Institute of Information and Technology (CIIT) on Friday. Addressing the inaugural ceremony as chief guest, the Minister said market-oriented disciplines would be
Federal Minister for Science and Technology Zahid Hamid inaugurated a new campus of COMSATS Institute of Information and Technology (CIIT) on Friday. Addressing the inaugural ceremony as chief guest, the Minister said market-oriented disciplines would be
The Supreme Court on Friday took notice of brutal killing of 28-year-old pregnant Farzana Parveen for marrying without the consent of her family outside Lahore High Court (LHC) in broad daylight by her relatives. Chief Justice Tasaduq Hussain Jilani direc
The Supreme Court on Friday took notice of brutal killing of 28-year-old pregnant Farzana Parveen for marrying without the consent of her family outside Lahore High Court (LHC) in broad daylight by her relatives. Chief Justice Tasaduq Hussain Jilani direc
Bullish sentiments prevailed on the Lahore Stock Exchange on Friday and the equities extended further gains amid decreased trading turnover, as investors showed cautious behaviour in taking positions ahead of weekend. The LSE-25 index was marginally impro
Bullish sentiments prevailed on the Lahore Stock Exchange on Friday and the equities extended further gains amid decreased trading turnover, as investors showed cautious behaviour in taking positions ahead of weekend. The LSE-25 index was marginally impro
Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Friday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 2.86 points as the ISE Ten Index moved from 4,454.28 to 4,451.42 points. The over
Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Friday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 2.86 points as the ISE Ten Index moved from 4,454.28 to 4,451.42 points. The over
A fresh wave of violence swept the provincial metropolis on Friday as at least five people were killed in separate incidents of violence. According to police and rescue sources, Syed Farhan Ali Shah, principal of a private school, was shot and killed by u
On Friday, BRIndex30 opened at 17,668.60 and remained positive throughout the trading session. It touched an intraday high of 17,973.84 and an intraday low of 17,718.40 and closed at 17,782.66, which was 114.06 points or 0.65 percent higher than previous
On Friday, BRIndex30 opened at 17,668.60 and remained positive throughout the trading session. It touched an intraday high of 17,973.84 and an intraday low of 17,718.40 and closed at 17,782.66, which was 114.06 points or 0.65 percent higher than previous
A positive sentiment prevailed on Karachi Stock Exchange Friday, supported by renewed foreign interest in bluechips especially OMCs. The KSE-100 Index hit a new high of 29,737.69 points. During the intraday trading, the market gained over 300 points, howe
A positive sentiment prevailed on Karachi Stock Exchange Friday, supported by renewed foreign interest in bluechips especially OMCs. The KSE-100 Index hit a new high of 29,737.69 points. During the intraday trading, the market gained over 300 points, howe
A positive sentiment prevailed on Karachi Stock Exchange Friday, supported by renewed foreign interest in bluechips especially OMCs. The KSE-100 Index hit a new high of 29,737.69 points. During the intraday trading, the market gained over 300 points, howe
High Commissioner of the UK to Pakistan Philip Barton called on Federal Minister for Interior and Narcotics Control Chaudhry Nisar Ali Khan here on Friday. Expressing his views on the Imran Farooq murder case, the Minister said that Pakistan will fulfill
High Commissioner of the UK to Pakistan Philip Barton called on Federal Minister for Interior and Narcotics Control Chaudhry Nisar Ali Khan here on Friday. Expressing his views on the Imran Farooq murder case, the Minister said that Pakistan will fulfill
An accountability court has issued a summons to former prime minister Raja Pervaiz Ashraf for his alleged role in rental power scam. The plea regarding the acquittal of Shaukat Tarin caused a delay in the proceedings of the court. The judge of the Account
An accountability court has issued a summons to former prime minister Raja Pervaiz Ashraf for his alleged role in rental power scam. The plea regarding the acquittal of Shaukat Tarin caused a delay in the proceedings of the court. The judge of the Account
An accountability court has issued a summons to former prime minister Raja Pervaiz Ashraf for his alleged role in rental power scam. The plea regarding the acquittal of Shaukat Tarin caused a delay in the proceedings of the court. The judge of the Account
India freed 37 Pakistani fishermen held for almost 16 months and handed them over to authorities in their home country Friday, officials said, days after a prisoner release by Islamabad. On Sunday, Pakistan freed 151 Indian prisoners and returned 57 fishi