Tag: Interest

Former foreign minister Shah Mehmood Qureshi has said confrontation is neither in the interest of Pakistan nor US and solution to Pakistan-US relations lies...

While Salman Khan is busy shooting for his next film with Katrina Kaif in Dublin, a Romanian magazine has linked him up with a...

Some prominent scholars such as Javed Ahmed Ghamidi are of the view that while charging interest is haram in Islam, paying interest on loans...

Chairman All Pakistan Textile Mills Association (APTMA) Gohar Ejaz has demanded 5 per cent interest rate support on all outstanding short and long term...

Prime Minister Yousaf Raza Gilani had made a categorical statement last Saturday on the issues related to Pak-India water dispute, saying the government would...

The world is evolving at a rapid pace and so is its economics. We live in a world today in which the cost of...

Japan has shown keen interest for investment in the recently launched textile city, near Karachi. Japanese Ambassador Hiroshi OE called on Minister for Textile...

Pakistan's economy is currently facing three broad challenges in the shape of persistent inflation, eclipsed private investment leading to low growth and continuously rocketing...

The State Bank of Pakistan (SBP) has decided to reduce its policy rate by 50 basis points to 13.5 percent with effect from August...

Engaging Pakistan is in the interest of India and the US, though both nations have some concerns, Assistant Secretary of State for South and...

Various frontline and mid-tier stocks witnessed renewed buying interest despite technical correction amid corporate profit taking in fertiliser sector. This was largely due to...

The country’s Islamic banks have refused to follow the central bank’s instructions regarding collection of utility bills after their due date, stating that Sharia-compliant...

Global interest rates must rise to avoid high inflation becoming entrenched, the Bank for International Settlements (BIS) has said. It also warned that delaying...

The federal government is expected to post a deficit of Rs850 billion or four percent of GDP, most of it to be financed through...

Book reading habits among students are on the decline and even books in which students are interested are more based on spying activities, local...

The United States told China in top-level talks culminating Tuesday that it was hurting itself by stifling dissent, as a top Beijing official dismissed...

KARACHI - David Cameron's visit to Pakistan, accompanied by his announcement to pledge 650 million pounds for education and to increase bilateral trade to 2.5 billion pounds by 2015 had a positive impact on investors' sentiments. After few consecutive days of bearish activity, the KSE-100 index closed up by 32 points at 11,933 levels.
However, some correction was observed in the later half of the day as majority of the scrips underwent profit taking. While equity gains for the