PSX Sees Positive Trend First Time In 3 Months
Lahore (UrduPoint / Pakistan Point News ? 22nd May, 2019) The ( ) on Wednesday witnessed positive trend as 100 index gained by 1,195 points to close at 34,637 points. On Tuesday, the witnessed bullish trend as 100 index bounced by 191.56 points (0.58 percent) to close at 33,442.10 points. Out of 327 companies, ...
ICCI Calls For Drastic Measures To Overcome Rising Fiscal Deficit
ISLAMABAD (UrduPoint / Pakistan Point News / Online - 22nd May, 2019) The of & has called upon the to take drastic measures for overcoming the rising fiscal deficit that has crossed Rs.1.92 trillion during the first nine months (July-March) of current fiscal year as growing deficit would further weaken the economy and create ...
Jewellery Exports Decrease By 22pc In First 10 Months:
ISLAMABAD, (UrduPoint / Pakistan Point News - 22nd May, 2019 ) :The Jewellery the country decreased by 22.47 percent during the first ten months of the current fiscal year compared to the corresponding period of last year. The Jewellery the country during July-April (2018-19) were recorded at $4.255 against the of $5,488 ...
Departing Daimler Boss Zetsche Calls For Cut Backs
Berlin, (UrduPoint / Pakistan Point News - 22nd May, 2019 ) :Daimler's outgoing chief executive Dieter Zetsche on Wednesday hammered home the need for the giant to reduce its costs to finance heavy investments in electric and autonomous cars. The 49-year-old Swede, currently head of research, will take over as chief executive after 13 years of Zetsche's ...
Bullion Rates In Multan
BULLION (PER 10 GRAM) GOLD TEZABI-24 CT---- 59920.00 GOLD 22 CT------------- 54790.00 SILVER TEZABI------------ 729.00 SILVER THOBI------------- 667.00
IMF No Longer Asking Kiev To Raise Gas Price - Presidential Representative
KIEV (UrduPoint News / Sputnik - 22nd May, 2019) The International Monetary Fund ( ) is no longer asking to raise , this issue is no obstacle to receiving a new tranche, Ukrainian presidential representative in the Andriy Gerus said Wednesday.
Jewellery exports decrease by 22 per cent in first 10 months
Jewellery exports from Pakistan during July-April (2018-19) were recorded at $4.255 million against exports of $5,488 million during July-April (2017-18), showing a decline of 22.47 per cent, according to the data of Pakistan Bureau of Statistics (PBS).
Ashgabat And Budapest Are Determined To Activate Cooperation In Different Spheres
Islamabad (UrduPoint / Pakistan Point News - 22nd May, 2019 ) On the 20th of May 2019, the Minister of Foreign Affairs and Trade of Hungary P?ter Szijj?rt? arrived to Ashgabat on a working visit. During the visit, the meeting of the Minister of Foreign Affairs of Turkmenistan R.Meredov with his Hungarian counterpart was held in the MFA of ...
Spot Rates Of Cotton (Crop 2018-19)
KARACHI, (UrduPoint / Pakistan Point News - 22nd May, 2019 ) : Association (KCA) on Wednesday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16" Micronaire value between 3.8 and 4.9 .
Mufti Muhammad Hassaan Kaleem Appointed As Chairman Of Shari’ah Advisory Board For Pak-Qatar Takaful Group
Karachi (UrduPoint / Pakistan Point News - 22nd May, 2019) Mufti Muhammad Hassaan Kaleem has been appointed new chairman of Shari?ah Advisory Board for Pak-Qatar Takaful group. Former Justice Mufti Muhammad Taqi Usmani had earlier been serving as Shari?ah Board Chairman for Pak-Qatar Takaful and Shari?ah member for many Islamic Financial institutions over the past two decades. However, due ...
FBR announces amnesty for industry to clear past sales tax liabilities
ISLAMABAD, May 22 (APP):Announcing amnesty for industry, the Federal Board of Revenue (FBR) Wednesday urged the industrialists and manufacturers to take advantage of the Asset Declaration Scheme and clear their past sales tax liabilities by paying just two percent tax till June 30, 2019 or the law would take its due course after the expiry of the data. ?A ...
Pakistan stock market gains over 1,100 points
Last week, a delegation led by businessmen and brokers held a with Adviser to Prime Minister on Finance Dr Abdul Hafeez Sheikh and discussed the overall macro-economic situation and its impact on capital markets in the country.
Less than 50,000 registered companies file taxes: FBR chairman
ISLAMABAD: Federal Board of Revenue (FBR) honourary chairman Shabbar Zaidi said on Wednesday that less than 50,000 of the 100,000 companies registered with the Security and Exchange Commission of Pakistan (SECP) were filing their taxes. Shabbar Zaidi during a news conference said he had informed the SECP chairman of this, adding that the law states companies had to pay ...
UK Inflation Climbs On Rising Energy Costs: Data
London, (UrduPoint / Pakistan Point News - 22nd May, 2019 ) :British annual inflation climbed to 2.1 percent in , in part owing to higher energy prices, official data showed on Wednesday.
Two Japanese Carriers Postpone Release Of Huawei Phones
Tokyo, (UrduPoint / Pakistan Point News - 22nd May, 2019 ):Two of Japan's top mobile phone carriers said Wednesday they will delay releasing new handsets made by Huawei after a US ban on American companies selling technology to the Chinese tech giant. Citing national security, US President Donald Trump has effectively banned US companies from supplying Huawei and affiliates ...
Hyundai Heavy Workers Stage Full-scale Strike Over Merger
SEOUL, (UrduPoint / Pakistan Point News - 22nd May, 2019 ):Unionized workers at Hyundai Heavy Industries Co. staged a full-scale strike on Wednesday to protest a plan to split up the company for a merger with a smaller local shipbuilder. In March, Hyundai Heavy Industries signed a deal, worth an estimated 2 trillion won (US$1.6 billion), with the state-run ...
US-China trade war in 10 dates
PARIS (AFP) - From hefty US taxes on steel and aluminium imports to the crisis with Chinese tech giant Huawei, here are 10 key dates in the ongoing US-China trade war. US President Donald Trump, who campaigned under the slogan "America First", announces tariffs of 25 percent on steel imports and 10 percent on aluminium from a number of ...
Hong Kong Stocks Close Higher 22 May 2019
Hong Kong, (UrduPoint / Pakistan Point News - 22nd May, 2019 ) : rose Wednesday, in line with a broad advance across and following a positive Wall Street, though investors remain on edge over tensions between and the United StatesThe Hang Seng Index added 0.
Less than 50,000 registered companies paying tax: FBR chairman
ISLAMABAD: Federal Board of Revenue (FBR) honourary chairman Shabbar Zaidi said on Wednesday that less than 50,000 of the 100,000 companies registered with the Security and Exchange Commission of Pakistan (SECP) were paying their taxes. Shabbar Zaidi during a news conference said he had informed the SECP chairman of this, adding that the law states companies had to pay ...
Britain's Hinduja Brothers Consider Bid For India's Jet Airways
Mumbai, (UrduPoint / Pakistan Point News - 22nd May, 2019 ):The billionaire Hinduja brothers -- Britain's wealthiest people -- are considering a bid for India's grounded Jet Airways, a spokesperson said Wednesday, sending shares in the firm soaring almost seven percent.
