Posts tagged as: higher

No move to issue Rs 10,000 or other higher denomination Banknote: SBP

KARACHI: State Bank of Pakistan (SBP) categorically on Tuesday denied the news item reported in a section of local media including social media regarding SBP plan to issue new banknote of Rs 10,000. The SBP had no plan whatsoever for issuance of any higher denomination banknote as seven denominations of existing banknotes are adequately meeting […]

Monthly payment: Returns of 16 mutual funds higher than benchmark

KARACHI: Monthly returns of 16 out of the 21 equity-based conventional mutual funds operating in Pakistan remained higher than the benchmark index in November. According to data compiled by the Mutual Funds Association of Pakistan (MUFAP), five funds in November underperformed the Karachi Stock Exchange (KSE)-100 Index, which is typically the benchmark for almost all conventional […]

People of Hyderabad deprived of higher education for many years: Altaf

KARACHI: Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has said that people of Hyderabad were deprived of higher education for many years, howeve Karachi News Sources

Market watch: Lower CPI pushes index higher

KARACHI:  The index opened positive and managed to record new highs as lower inflation numbers strengthened sentiment.  At close, the Karachi Stock Exchange’s (KSE) benchmark 100-share index increased 0.71% or 216.78 points to end at 30,593.31. “The benchmark index closed at 30,593, recording an all-time high led by cements that remained upbeat with Lucky Cement […]

Commissioner admits milk being sold at higher rate

Karachi The city commissioner informed the Sindh High Court in his report on Thursday that the notified retail price of milk was fixed at Rs70 per The News International – Karachi

Long distance: International calling drops significantly on higher rates

KARACHI:  The Long Distance International (LDI) minutes are dropping drastically because of higher rates. Since there is low probability of an early resolution of the International Clearing House (ICH) dispute, the revenues of LDI operators are likely to fall, says a report prepared by Topline Securities. Explaining the background of the ICH case, the report […]

Sarfaraz sets higher goals post-Sri Lanka

KARACHI: Pakistan’s wicketkeeper-batsman Sarfaraz Ahmed is determined to play across all three formats after experiencing a splendid Test series against Sri Lanka, where he finished as the highest scorer for his team. The 27-year-old rising star had been a prolific run-getter at the domestic level, but has finally started showing his real potential at the highest […]

Moving higher: Pakistan Petroleum Limited makes another gas discovery

KARACHI:  Pakistan Petroleum Limited (PPL) on Monday announced discovery of 42 million standard cubic feet per day (mmscfd) of gas in the Gambat South block, its third and biggest discovery so far in the particular area. The company said the exploration well Sharf X-1 was spud on April 18, 2014, and the final depth of […]

Telecom industry: Foley vows to take the ‘innovation’ ladder higher

KARACHI: When it comes to aims and ambitions, there is always room to go higher. Following the spectrum auction that landed 3G and 4G services in the country, a whole new avenue is now available to cellular mobile operators (CMOs) and has set the stage for further growth and expansion. Same is the case with Telenor […]

Under fives at higher risk from polio:experts suggest additional vaccinations

Karachi The presence of polio virus in Pakistan is highly risky for children less than five-years-old who should consequently be administered addit The News International – Karachi

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