Posts tagged as: raises

Governor raises Arts Council grant to Rs35m

Karachi Dr Ishratul Ibad has increased the annual grant of Arts Council of Pakistan (ACP), Karachi from Rs 28 million to Rs 35 million. The Sindh governor after administering oath on newly-elected … Karachi News Sources -2

Governor raises Arts Council grant to Rs35m

Karachi Dr Ishratul Ibad has increased the annual grant of Arts Council of Pakistan (ACP), Karachi from Rs 28 million to Rs 35 million. The Si The News International – Karachi

Missing the target: Government raises Rs71.7b through sale of T-bills

KARACHI:  The government raised Rs71.7 billion through the sale of market treasury bills to primary dealers on Wednesday, which is Rs53.3 billion less than the target amount of Rs125 billion. This was the fourth auction of market treasury bills in the current fiscal year. The government failed to raise its targeted amount for the second […]

Political-military alliance raises morale of people, improves trade

KARACHI: Senior journalist and well-known anchorperson, Kamran Khan has said that political and military alliance raises the morale of the people and Karachi News Sources

Sindh Assembly: Sabzwari raises concerns about missing MQM workers

KARACHI: Muttahida Qaumi Movement (MQM) representative Faisal Sabzwari presented a list of missing MQM workers in the Sindh Assembly on Monday and expressed concern about there whereabouts, Express News correspondent Vakeel Rao reported. Sabzwari, who is the Leader of the Opposition in the Sindh Assembly, claimed that five MQM workers were kidnapped by persons dressed in plane clothes the night before. He […]

Pakistan raises $2 billion through Eurobonds

KARACHI: Pakistan successfully raised billion from global capital markets through the issue of five- and 10-year Eurobonds on Wednesday, according to a local brokerage house. The latest dollar-denominated bonds have fetched the highest amount that Pakistan has ever raised in a single attempt from international investors. According to Topline Securities Research Analyst Zeeshan Afzal, the government […]

Afridi’s form raises World T20 hopes

KARACHI: With the International Cricket Council’s (ICC) World Twenty20 just days away, Shahid Afridi’s belligerent run with the bat has raised Pakistan’s hopes of regaining the title in the biggest tournament of the shortest format. Afridi’s fiery knocks of 34 not out and 59 against India and Bangladesh respectively lifted Pakistan from difficult situations into the […]

T-bills: Government raises record Rs449b through PIBs

KARACHI:  The government raised a record Rs449 billion in the last two auctions of Pakistan Investment Bonds (PIBs) held in the previous two months – an amount that exceeds the target of Rs120 billion. According to Topline Securities, the large auction size shows the government’s intent to re-profile its domestic debt to longer terms in […]

Expensive urea: Engro raises fertiliser prices

KARACHI:  Following the government’s move of reviving Gas Infrastructure Development Cess (GIDC), Engro Fertilizer has increased the prices of its urea fertiliser on Thursday – a practice expected to be followed by other players. The GIDC was first introduced by the PPP government in an effort to raise capital for infrastructure development, primarily for the […]

Polio raises fear of travel curbs

KARACHI: With 73 cases of poliovirus surfacing this year, travellers to and from Pakistan are expected to face restrictions and guidelines by the international community from January 2014. Dr Ni’ma Saeed Abid, the World Health Organisation (WHO) country head for Pakistan, said that the three polio-endemic countries – Pakistan, Nigeria and Afghanistan – risk becoming source […]

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