Current exchange rate presents true value of rupee, say dealers
Shahid IqbalUpdated October 07, 2018
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Currency dealers count rupees and US dollars in Islamabad.—File photo
KARACHI: Rupee’s value in the currency market is reflective of its true position...
Tax havens refuse to cooperate with FBR
Mubarak Zeb KhanUpdated October 07, 2018
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Certain tax haven countries did not show willingness to share information with Pakistan. ─ Dawn/File
ISLAMABAD: Pakistan has been unable to get much cooperation from 11...
THE EXPRESS TRIBUNE > BUSINESS
Market watch: Stocks hammered as KSE-100 dives 861 points
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Market watch: Stocks hammered as KSE-100 dives 861 points
By Maidah Haris
Published: October 5, 2018
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Concerns over macroeconomic situation drag benchmark index below...
PSX tumbles 767 points amid economic, political uncertainty
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October 5, 2018
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— Index is 4 per cent away from touching 52-week low
KARACHI: If one thing was visible at the Pakistan Stock Exchange (PSX) on Friday, it was the colour red. Indices traded in the negative...
IMF suggests higher interest rate, rupee depreciation
By Shahbaz Rana
Published: October 4, 2018
Another key concern for the IMF was that the government appeared complacent and was not moving swiftly to address macroeconomic imbalances, threatening the country’s economic viability. PHOTO: FILE...
Rupee under pressure: research agency Fitch
Reuters Updated October 04, 2018
— Photo/File
ISLAMABAD: Emerging markets currency turmoil and higher oil prices are increasing pressure on State Bank of Pakistan (SBP) to devalue the rupee for a fifth time in a year, analysts said on Wednesday.
The...
THE EXPRESS TRIBUNE
Currency weakens to Rs 128 due to uncertainty over IMF bailout
By Salman Siddiqui
Published: September 30, 2018
Banks are the second source of dollar supply to the dealers. They, however, remained closed on Saturday on account of weekly holiday. PHOTO: FILE
KARACHI: The...
wrong ........Astra had Russian seeker
True
True
Tested yet in terms of what?
If it has been integrated with Tejas and flown with it then YES
If it has been mated with weapons then NO..these will come next
Not needed when alternate desi system are on the way
Tor equivalent is QRSAM which is undergoing development trials
Again BUK is not needed when Barak 8 being inducted ...and with Akash NG latter I don't see any foreign MRSAM is procured required
IMO it's better to go for desi and better...
Akash NG : A Look at What India's Next Generation SAM Could Be
September 23, 2018
Confident with the success of Akash-1 missile system DRDO is now moving full steam ahead with the development of the highly advanced Akash-NG i.e. Akash-Next Generation. In May 2018, L&T's 'milestone ceremony'...
KARACHI: Stocks caved into selling pressure at the Pakistan equities market on Monday in the lead of cement, steel and oil scrips.
The KSE-100 index sank to intraday low by 650 points before late recovery in select blue-chip scrips helped index close with a loss of 399.84 points (0.98 per cent)...
Ministry of Defence
Second Flight Test of MPATGM Successful
Posted On: 16 SEP 2018 4:15PM by PIB Delhi
Indigenously developed Man Portable Anti-Tank Guided Missile (MPATGM), was successfully flight tested for the second time from the Ahmednagar range today. All the mission objectives have been...
India Just Conducted The 1st Test Of A Shoulder Launched Anti-Tank Missile
Shiv Aroor
Sep 16 2018 1:55 pm
An Indian weapons development team from the Defence R&D Organisation has conducted the first ever test-firing of a man-portable shoulder launched anti-tank guided missile (MPATGM)...
India successfully test fires made-in-India MP-ATGM anti-tank missile
By Ajit K Dubey
First Published 15, Sep 2018, 9:56 PM IST
HIGHLIGHTS
The DRDO today successfully carried out the first test of Portable- Anti-tank Guided Missile (MP-ATGM), supposed to be the anti-tank missile of the Army...
https://www.dawn.com/news/1432834/reserves-fall-300m
KARACHI: The country’s foreign exchange reserves fell by $300 million during the week ended on Sept 7, announced the State Bank of Pakistan (SBP) on Thursday.
The reserves of the central bank and commercial banks have been falling for the...
KARACHI:
In a worrying development, the foreign exchange reserves held by the central bank decreased 3.34% on a weekly basis, according to data released on Thursday.
On August 31, the foreign currency reserves held by the State Bank of Pakistan (SBP) were recorded at $9,885.1 million, down...