Rs6 trillion budget likely for next fiscal
ISLAMABAD (Dunya News) ? The proposed budget strategy paper estimated the next year?s federal current expenditure at more than Rs6 trillion, following which the federal expenses are expected to reach Rs4 trillion.
Hong Kong Stocks End Down
Hong Kong, (UrduPoint / Pakistan Point News - 29th May, 2019 ) : shares sank Wednesday as investors fretted over the US-China trade war and its implications for the global economy. The Hang Seng Index fell 0.57 percent, or 155.10 points, to close at 27,235.71. The benchmark Composite Index closed 0.16 percent higher, or 4.79 points, at 2,914.70, while the ...
Hungary Starts Pumping Clean Russian Oil Through Druzhba Pipeline - Russian Transneft
MOSCOW (UrduPoint News / Sputnik - 29th May, 2019) has resumed pumping of clean through the Druzhba pipeline after suspending it due to contamination of the , transport Transneft said in a statement on Wednesday.
KSE-100 index gains over 900 points
KARACHI (Dunya News) – The stock market witnessed a major boost on Wednesday as KSE-100 index acquired over 900 points and traded at Rs35,886. The Pakistani rupee also gained 32 paisa against the US dollar in the interbank market, and is being traded at Rs149.90. According to analysts, overseas Pakistanis are sending huge amounts of remittance ahead of Eid-ul-Fitr to their families ...
Rs 581.9 Bln Released For Development Projects Under PSDP
ISLAMABAD, (UrduPoint / Pakistan Point News - 29th May, 2019 ) :The has so far released Rs 581.9 out of total allocation of Rs 675 under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and new social sector uplift projects. Under PSDP 2018-19, the released Rs 26.270 for the various projects ...
KPT Shipping Intelligence Report
ALONG SIDE (Bulk Pier) OP-I D. Mogas 27/05/19 OP-II Apanemo D. Mogas GAC 26/05/19 ALONG SIDE (East Wharves): 1 Oriental Rose L. Ethanol East Wind 28/05/19 2 Al Safa D. Jet East Wind 28/05/19 10/11 Knight L. Clinkers OC-Services 29/05/19 12/13 W-SKY D. Cannola East Wind 23/05/19 ALONG SIDE(P.I.C.T): 8/9 Irenes Reliance D. L. Cnt. East Wind 28/05/19 ALONG SIDE(PDWCP): SAPT-3 D. L. ...
PSX Gains 923 Points
Lahore (UrduPoint / Pakistan Point News ? 29th May, 2019) The ( ) on Wednesday witnessed bullish trend at the start of the trading day.
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 29 May 2019
These currency prices are provided by open market currency exchange dealers, and currency rates in Pakistan are updated four times every day to keep them fresh and relevant for users.
Today's Gold Rates In Pakistan On 29 May 2019
The for today, 29 May 2019 is as follows: 60,014 per 10 grams, and the price of gold is Rs 70,000 per Tola. Urdu Point provides the gold rates for various cities of the country, including Karachi, Lahore, Rawalpindi, Peshawar, Quetta, Faisalabad, Multan, Gujranwala, Sialkot and Islamabad. Moreover, the gold rates are available for 22 carat, 24 carat, ...
US dollar reaches Rs150.50 in open market
KARACHI: The US dollar gained Rs0.50 against the Pakistani rupee in the open market on Wednesday to trade at Rs150.50.
Rs 581.9 bln released for development projects under PSDP
ISLAMABAD, May 29 (APP):The federal government has so far released Rs 581.9 billion out of total allocation of Rs 675 billion under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and new social sector uplift projects. Under PSDP 2018-19, the government released Rs 26.270 billion for the various projects of Pakistan Atomic Energy Commission, whereas the Water ...
NBP Exchange Rates
Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 150.30 ...
Huawei asks U.S. court to declare defence bill 'unconstitutional'
HONG KONG (Reuters) - China?s Huawei Technologies Co Ltd has filed a motion for summary judgement in its lawsuit against the U.S. government, according to a court filing in the United States, in the telecoms equipment maker?s latest attempt to fight sanctions from Washington that threaten to push it out of global markets. The world?s largest telecom network gear ...
China ready to hit back at U.S. with rare earths: ruling party newspaper
BEIJING (Reuters) - China?s Communist Party newspaper warned the United States on Wednesday that the country was ready to use rare earths to strike back in their bitter trade war, saying in an extremely strongly worded commentary ?don?t say we didn?t warn you?. While China has so far not explicitly said it will restrict rare earths exports to the ...
Alibaba plans bumper $20bn listing in Hong Kong: sources
HONG KONG: Alibaba is considering raising as much as $20 billion through a listing in Hong Kong, people familiar with the matter told Reuters, lining up a second blockbuster deal following its 2014 record $25-billion float in New York. The deal, the biggest follow-on share sale in seven years globally, would give Alibaba a war chest to keep investing ...
FBR busts major network involved in tax evasion through 'benami' sales
KARACHI: The Federal Board of Revenue (FBR) on Tuesday busted a major network involved evading billions of rupees in taxes through 'benami' sales, officials said. The FBR officials said that several sugar and textiles mills, and other major enterprises had been evading taxes worth billions of rupees.
Budget to be presented on June 11: Firdous Ashiq Awan
The budget documents revealed that the Khyber Pakhtunkhwa (KP) and Sindh provinces would be provided Rs0.475 trillion and Rs0.805 trillion, respectively, in next fiscal year.
Pakistan Stock Exchange CEO Richard Morin resigns
KARACHI: Pakistan Stock Exchange (PSX) CEO Richard Morin resigned on Tuesday with his resignation being accepted by the Board of Directors. According to sources, Richard Morin?s resignation came after he was issued a show cause notice over conflict of interest. On April 09, reported that?Richard Morin had been served a show cause notice by a bourse?s committee, asking ...
US dollar gains strength, reaches Rs151 in open market
Earlier this month, the rupee registered record lows against the US dollar following the announcement of a $6 billion bailout agreement with the International Monetary Fund foreseeing a "market-determined rate" for the Pakistani currency.
Probe sought into the fraud import and export of gold
The federal tax ombudsman, Mushtaq Sukhera, has directed the Federal Investigation Agency (FIA) to initiate criminal proceedings against those involved in a scam of fraudulently importing and exporting gold worth over Rs 5 billion. The letter, Sukhera wrote to the director general of the FIA, a copy of which is available with , reads that the Federal Board of ...
