Business News

Foreign exchange rates

  • KARACHI, June 12 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Monday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY. LIBOR VALUE 6 MONTHS US DOLLAR 1.4154 12.06.17 CONVERSION RATES FOR 12TH JUNE […]

  • Punjab Assembly continues discussion on Budget 2017-18

    LAHORE, June 7 (APP): The Punjab Assembly continued discussion on the annual budget 2017-18 on the third consective day on Wednesday. As many as 29 lawmakers from both treasury and opposition benches took part in the debate on provincial budget. However, thin presence of lawmakers was noticed throughout the sitting. Earlier, the fourth sitting of […]

  • KP Budget 2017-18 at a glance

    PESHAWAR, June 7 (APP): Following is the KP budget at a glance 2017-18 presented in Khyber Pakhtunkhwa Assembly by the Finance Minister Muzaffar Said Advocater. BUDGET AT A GLANCE Description Budget Estimates 2016-17 Revised Estimates 2016-17 Budget Estimates 2017-18 A-General Revenue Budget General Revenue Receipts 429,694.779 409,769.227 470,854.474 Revenue Expenditure 333,000.000 338,601.000 388,000.000 Net Revenue […]

  • US stocks end at records for 2nd straight day

    NEW YORK, June 3, (APP/AFP): Wall Street stocks finished at records again Friday after a lackluster US jobs report raised expectations the Federal Reserve could take a gradual approach to increasing interest rates. All three major stock indices ended at records for the second straight session, with the Dow Jones Industrial Average up 0.2 percent […]

  • US stocks end at records for 2nd straight day

    NEW YORK, June 3, (APP/AFP): Wall Street stocks finished at records again Friday after a lackluster US jobs report raised expectations the Federal Reserve could take a gradual approach to increasing interest rates. All three major stock indices ended at records for the second straight session, with the Dow Jones Industrial Average up 0.2 percent […]

  • Dar urges FBR to meet tax collection target for current fiscal year

    ISLAMABAD, June 2 (APP): Finance Minister, Senator Mohammad Ishaq Dar on Friday urged the Federal Board of Revenue (FBR) to take all necessary measures to meet the tax collection target for the current fiscal year, ending on June 30, 2017. The Finance Minister said this while chairing a meeting here at the Ministry of Finance […]