Category Archives: Fund News

FBR informs World Bank about recent tax reforms

Federal Board of Revenue on Friday informed the World Bank that it has launched e-payment of taxes through alternate delivery channels.The World Bank team on tax reforms, while holding a meeting with FBR, was apprised about the reforms introduced for

Pakistan to Get its First Carrier Neutral 96Tbps Submarine Cable

Cybernet Pakistan and Pakistan and East Africa Connecting Europe (PEACE) Cable International Network Company Ltd. have signed a landing party agreement under which Pakistan will get its first open access, carrier-neutral submarine system.The new system...

PCB to announce ICC World Cup squad on Thursday

Pakistan Cricket Board will announce the National squad for the ICC World Cup 2019, on Thursday.In this connection a training camp was organized to test the fitness of the probable players, in which 22 players participated.Source: Radio Pakistan

CIGA 2nd International Conference on Islamophobia kicks off in Istanbul

Istanbul The second International Conference on Islamophobia, being organized by the Center for Islam and Global Affairs (CIGA) at Istanbul Sabahattin Zaim University (IZU), kicked off in Istanbul, Turkey, on Friday.The conference, being held under the...

Khyber Pakhtunkhwa wins Pakistan Cup cricket tournament

In the final of Pakistan Cup cricket tournament in Rawalpindi, Khyber Pakhtunkhwa beat Balochistan by 9 runs.Batting first, Khyber Pakhtunkhwa scored 307 runs for the loss of seven wickets in allotted 50 overs.Abid Ali remained top scorer of the match

Bullish trend witnessed at PSX

The Pakistan Stock Exchange was bullish on Tuesday.The KSE-100 Index closed today at 37129.97 points as compared to 36921.91 points on the last working day with a positive change of 208.06 points.The total turnover was 160,484,650 as compared to 106,97...

CM directs for taking effective measures on price control of essential items

Punjab Chief Minister Sardar Usman Buzdar has directed the Cabinet Sub-Committee on Price Control for taking effective measures to stabilise the prices of essential items. While issuing directives, the Chief Minister asked the deputy commissioners to k...

Govt & State Bank Rule Out Further Depreciation of Rupee

Finance Minister Asad Umar has ruled out the chances of further devaluation of Pakistani rupee against the US dollar as the currency now stands at equilibrium. He made these remarks while addressing at Pakistan Stock Exchange (PSX) through a video

Prime Minister Imran Khan inaugurates Bagh Ibn-e-Qasim in Karachi

Prime Minister Imran Khan inaugurated Bagh Ibn-e-Qasim in Karachi today (Saturday).Speaking on the occasion, he said government wants to provide more green spaces to future generations of the country.He said Karachi was full of open and green spaces in...

Pakistan Stock Exchange remains bearish on Thursday

The Pakistan Stock Exchange was bearish today (Thursday).The KSE100 Index closed today (Thursday) at 38552.95 points as compared to 38965.01 points on the last working day with a negative change of 412.06 points.The total turnover was 132,150,700 as co...