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Eurozone Stocks Suffer Over Italy Flare-up

- 'Political fight' - "European stock are in the red as Italian yields have ticked up over fear of a political fight between and ," said analyst Madden at CMC . "The EU has warned the Italian they could be fined... for failing to curb their debt levels, and 's joint deputy ...

UrduPoint 2019-05-28 10:18 pm

SNGPL stands behind energy minister for power theft crackdown

Sui Northern Gas Pipelines Limited (SNGPL) Chairman Senator Syed Dilawar Abbas, on Tuesday, met Federal Minister of Energy (Petroleum Division), Omar Ayub Khan.

dailytimes 2019-05-28 10:16 pm

Broadening tax net: FBR chief hints at long-term strategy

Chairman Federal Board of Revenue Syed Shabbar Zaidi has reiterated that the FBR is working on a long term strategy for expanding the tax net in the country, Radio Pakistan reported on Tuesday. The chairman said that a long term strategy is being evolved for broadening of tax network, so that the desired revenue collection could be made in ...

dailytimes 2019-05-28 10:16 pm

Govt pays Rs62bn to textile sector under PM exports enhance package

ISLAMABAD (APP) ? The government has so far paid Rs 62.5 billion to the local textile industry under Prime Minister?s Exports Enhancement Package since July 2017, to help boost exports from the country, senior official in the ministry of textiles and industry told APP here on Tuesday.

dunyanews 2019-05-28 10:11 pm

Govt urged to take action against foreign currency smuggling

ISLAMABAD (Dunya News) ? A delegation of Foreign Exchange Dealers, led by Forex Association of Pakistan President Malik Bostan called on Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh on Tuesday. The meeting was attended by Secretary Finance, Naveed Kamran Baloch, Governor State Bank of Pakistan, Dr. Reza Baqir, senior officials of Ministry ...

dunyanews 2019-05-28 10:11 pm

Lahore Chamber Of Commerce & Industry For Continuation Of Zero-rated Regime

LCCI President Almas Hyder, Senior Vice President Khawaja Shahzad and Vice President Faheem-ur-Rehman Saigal told here that discontinuation of zero rating status would in disaster of export oriented industries that would to foreign loss, unemployment and cut in the revenues of the . They said that were increased and issues of liquidity, refunds ...

UrduPoint 2019-05-28 9:58 pm

France's Macron Believes Timmermans, Vestager, Barnier Could Fill Top EU Jobs

EU leaders have gathered in for a dinner where they are expected to discuss a shortlist of candidates to replace presidents of the European Commission and the European Council, the EU central banker and the EU foreign policy and security chief after last 's elections to the European .

UrduPoint 2019-05-28 9:17 pm

Gov't To Spend Rs 286 Bln On Agri Sector In 5 Years: Minister

Criticising the previous governments, Sahibzada Sultan said the sector was totally neglected during past tenures, specially after devolution of powers to the provinces and the for this sector declined by around 70% around Rs 40 to Rs 15 per year. He said after establishment of FMD free zones, would be able to export its ...

UrduPoint 2019-05-28 8:26 pm

Gold Price Soars By 300, Traded At Rs 70,000 Per Tola

The of 10 gram also witnessed increase of Rs 257 and traded at Rs 60,014 against Rs 59,757of last day. The of remained constant and traded at Rs 870 per tola and that of 10 grams traded at Rs745.88. In international the of per ounce decreased by $1 and traded at $1285 as compared to the last closing at $1284.

UrduPoint 2019-05-28 8:16 pm

Gov’t to spend Rs 286 bln on agri sector in 5 years: Minister

ISLAMABAD, May 28 (APP):Minister for National Food Security and Research Sahibzada Mehboob Sultan Tuesday said the incumbent government was fully focused on the development of agriculture sector and in this regard 13 projects worth Rs 286 billion would be launched during next five years to provide affordable and quality food products to the masses. Criticising the previous governments, ...

APP 2019-05-28 8:15 pm

Canada Supplies US With Nearly Half Of Imported Oil - Energy Department

"Crude imports accounted for 48 owexwbr of total US crude imports in , averaging 3.7 barrels per day (b/d), up 3.5 b/d in ," the report said. "In , the value of US imports of Canadian crude also increased, reaching $61 , because of an increase in both and volume ...

UrduPoint 2019-05-28 7:46 pm

Gazprom Says China Interested In Bigger Russian Gas Imports Via Power Of Siberia Pipeline

Burmistrova, who leads Gazprom's export branch, said no arrangement had been made on the amount of extra or its pricing but added she hoped to know more details "in near future."

UrduPoint 2019-05-28 6:45 pm

BMP Voice Its Support For "Made In Pakistan" Campaign

Chairman BMP, Mian Anjum Nisar in a statement here Tuesday said dwindling investment in the manufacturing sector during past one decade has emerged to be major cause of the country's existent economic woes. Acknowledging that fiscal adjustments were necessary to put the economy back on the rails of stability, he said , however, must not ignore the fact that ...

UrduPoint 2019-05-28 6:35 pm

Exchange Of Trade Delegations Urged To Boost Pak-Indonesian Trade

The community on both sides could explore trade and investment avenues for boost to trade and investment, he said during a discussion with Patron-in-Chief of Wholesale Grocers Association (KWGA) Anis Majeed at an iftar-dinner hosted by his consulate, said a press release on Tuesday.

UrduPoint 2019-05-28 6:25 pm

Chinese Investors To Make Invest Of USD138mn In Rashakai CPEC Industrial Zone; Advisor

The lands acquired for the construction of industries and society would not be utilized for any other purpose in the province, said the CM advisor while talking to local media-men here on Tuesday. He urged the people not to waste their investments in the society as the land acquired for the construction of industries would not be ...

UrduPoint 2019-05-28 6:25 pm

Bullion Prices On Tuesday

KARACHI, (UrduPoint / Pakistan Point News - 28th May, 2019 ) :Following were the Prices in and on Tuesday. KARACHI: (per 10 gram) Gold Tezabi 24 CT Rs. 88 MULTAN: (per 10 gram) Gold Tezabi-24 CT Rs.

UrduPoint 2019-05-28 5:34 pm

Currency rates in Pakistan - 28 May 2019

KARACHI (Dunya News) - Currency rates in open market in Pakistan according to international currencies as of 28 May 2019. The price of 1 USD to PKR buying is Rs149.00 and selling of US Dollar is Rs150.00. British Pound (GBP) to PKR buying is Rs190.00 and selling is Rs191.00. Euro to PKR buying is Rs166.00 and selling is Rs168.00. Saudi Riyal to ...

dunyanews 2019-05-28 4:33 pm

Govt pays Rs62b to textile sector under PM exports enhance package

The government has so far paid Rs 62.5 billion to the local textile industry under Prime Minister?s Exports Enhancement Package since July 2017, to help boost exports from the country, senior official in the ministry of textiles and industry told APP here on Tuesday.

nation.com.pk 2019-05-28 4:02 pm

PSX-CEO Resigns After Differences With BoD

KARACHI, (UrduPoint / Pakistan Point News - 28th May, 2019 ) : 's ( ) Chief Executive Officer, Richard Morin on Tuesday resigned his after developing differences with Board of Directors. Archer Wealth Management, a Montreal-based firm with identity as ' independent financial advisers' had Morin as its CEO and the Chairman of board.

UrduPoint 2019-05-28 3:50 pm

Palm Oil Imports Decrease 11 Pc To $1539 Million In First 10 Months

ISLAMABAD, (UrduPoint / Pakistan Point News - 28th May, 2019 ) :The palm imports into the country witnessed negative growth of 10.99 percent during the first ten months of the current fiscal year as compared to the imports of period of last year. The palm imports into the country during July-April (2018-19) were recorded at $1539.159 ...

UrduPoint 2019-05-28 3:29 pm

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