To ascertain the impact of taxation policy, the International Monetary Fund (IMF) has asked the government of Pakistan to provide details of revenue collection during 2003-04 for an objective eighth review under Poverty Reduction Growth Facility (PRGF).
The Turkish Air Force's Commander, General Halil Ibrahim Firtina would visit Pakistan from March 10 and call on Pakistan President, Defence Minister; Chairman Joint Chiefs of Staff Committee and Chief of the Air Staff.
The visiting Commander of United States Naval Forces Central Command and Commander US Fifth Fleet, Vice Admiral David Nichols Jr, on Tuesday called on Pakistan's Naval Chief Admiral Shahid Karimullah in Islamabad, and discussed matters of mutual interest.
Chinese Defence Minister General Cao Gangchuan is to arrive here on March 22 on a five-day official visit to Pakistan for talks on defence and security matters, officials said on Tuesday.
JCR-VIS has reaffirmed the medium to long term rating of NBP Capital Limited at ''A-'' (Single A Minus) with ''Stable'' outlook. Short-term rating has also been reaffirmed at ''A 1'' (A One).
JCR-VIS has reaffirmed the medium to long term rating of NBP Capital Limited at 'A-' (Single A Minus) with 'Stable' outlook. Short-term rating has also been reaffirmed at 'A 1' (A One).
JCR-VIS has reaffirmed the medium to long term rating of NBP Capital Limited at 'A-' (Single A Minus) with 'Stable' outlook. Short-term rating has also been reaffirmed at 'A 1' (A One).
Saudi Prince Faisal Bin Abdullah Bin Mohammad Bin Abdul Aziz Al Saud called on the Prime Minister here on Tuesday and exchanged views on matters of mutual interest.
Saudi Prince Faisal Bin Abdullah Bin Mohammad Bin Abdul Aziz Al Saud called on the Prime Minister here on Tuesday and exchanged views on matters of mutual interest.
Dawood Hercules profit in the year ended December 31, 2003, recorded an increase of 74 percent as it has increased its investment in selected listed companies of Karachi Stock Exchange, increasing capital gains.
Dawood Hercules profit in the year ended December 31, 2003, recorded an increase of 74 percent as it has increased its investment in selected listed companies of Karachi Stock Exchange, increasing capital gains.
Pakistan Industrial Credit & Investment Corporation (Picic) has decided to launch two funds--energy fund and balance fund--each of one billion rupees, by next month and plans to introduce various financing products, to help progress the corporation to new
Pakistan Industrial Credit & Investment Corporation (Picic) has decided to launch two funds--energy fund and balance fund--each of one billion rupees, by next month and plans to introduce various financing products, to help progress the corporation to new
Pakistan Industrial Credit & Investment Corporation (Picic) has decided to launch two funds--energy fund and balance fund--each of one billion rupees, by next month and plans to introduce various financing products, to help progress the corporation to new
Pakistan Industrial Credit and Investment Corporation (Picic) will provide more than Rs 100 million for two housing projects to increase housing financing in the country, with a slogan 'Housing for Every Pakistani'.
Pakistan Industrial Credit and Investment Corporation (Picic) will provide more than Rs 100 million for two housing projects to increase housing financing in the country, with a slogan 'Housing for Every Pakistani'.
The inter-ministerial committee on sugar will meet here on March 12 to identify bottlenecks in smooth sailing of the sugar sector and work out long-term solution to the problems, it is learnt.
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Pakistan's dependency on imported cotton has increased from 1.5 million bales to 2 million bales, due to sharp decline in domestic production for 2003-04.
Pakistan's dependency on imported cotton has increased from 1.5 million bales to 2 million bales, due to sharp decline in domestic production for 2003-04.
Average prices paid to farmers for cocoa beans in Ivory Coast were mixed in most major growing areas in the week of March 1-8, official data from the Coffee and Cocoa Bourse (BCC) showed on Tuesday.
Kenya expects to sign a Free Trade Agreement (FTA) with Pakistan in about a month's time to avoid losing its largest tea market to India, a top official of the Tea Board of Kenya said on Tuesday.
Drought in parts of Brazilian main center-south sugarcane belt should reduce yields in the 2004/05 crop, the Sao Paulo Cane Agroindustry Union (Unica) forecast on Tuesday.
The Federal Tax Ombudsman former justice Saleem Akhtar has urged the Central Board of Revenue (CBR) to issue a clarification on the issue of sales tax after its exemption on cement production was withdrawn from September 5, 2000.
High freight costs and worries about quality are seen limiting Italian demand for Australian wheat as the Italian harvest approaches, a senior milling source said on Tuesday.
The Federal Tax Ombudsman former justice Saleem Akhtar has urged the Central Board of Revenue (CBR) to issue a clarification on the issue of sales tax after its exemption on cement production was withdrawn from September 5, 2000.
Democrats in four Southern states, including the November battleground of Florida, cast ballots on Tuesday in contests that will put John Kerry close to formally clinching the party's nomination to face President George W. Bush.
A world-wide steel scrap shortage, largely created by massive Chinese demand, is creating "havoc" for US industries and forcing emergency action to cap prices in parts of Asia.
Serbia on Tuesday began the prosecution of six Serbs for the notorious 1991 Vukovar massacre in a special trial seen as a litmus test of its ability to dispense justice for war crimes during Yugoslavia's break-up.
Private exporters reported the sale of 165,000 tonnes of US soyabeans to an unknown buyer for delivery during the 2004/05 marketing year, which opens September 1, the Agriculture Department said on Tuesday.
The Opec oil cartel plans to press ahead with a production cut of one million barrels per day (bpd) next month despite soaring oil prices, Qatari Oil Minister Abdullah bin Hamad al-Attiyah said Tuesday.
Britain and the Netherlands told European Union finance ministers on Tuesday their dependent territories had agreed to comply with policies to fight tax evasion, removing one more hurdle for adoption of the new rules.
Aiming to establish itself as the crossroads between Hollywood and Bollywood, the bustling Gulf emirate of Dubai is kicking off its first international film festival this year, with ambitions to eventually rank among the world's leading cinema showcases.
The Karachi Port handled 25,522 tonnes of cargo including 10,117 tonnes import and 15,405 tonnes export cargo during last 24 hours ending at 0700 hours on Tuesday.
Toyota Motor Corp said on Tuesday that Ford Motor Co would use some of its hybrid engine technology, in a pact that underlines the Japanese auto giant's strong lead in eco-friendly gasoline-electric know-how.
Corn and soyabean spot basis bids in the US Midwest were mixed on Tuesday but several locations firmed their bids, trying to counterbalance Monday's drop in Chicago Board of Trade futures, dealers said.
Chicago Board of Trade wheat futures closed lower on Monday after Egypt cancelled a wheat tender over the weekend, saying prices were "not suitable," traders said.
In order to stop price hike in steel products and address the concerns of the consumers, the federal government has allowed import of re-rollable scrap with immediate effect.
Pakistani rice exports were thin during the past week as existing orders were shipped but high domestic prices limited new demand, traders said on Tuesday.
In order to stop price hike in steel products and address the concerns of the consumers, the federal government has allowed import of re-rollable scrap with immediate effect.
The March vaida opened at Rs 437.50 and was the highest at Rs 447.00. Later in depressed trading it turned lowest at Rs 437.50 and closing was seen at Rs 440.50.
Bulls handed over the floor to the bears on the Islamabad Stock Exchange (ISE) where selling-pressure in selected heavyweights moved the entire ready-board in downward direction amid decrease in index.
Bulls handed over the floor to the bears on the Islamabad Stock Exchange (ISE) where selling-pressure in selected heavyweights moved the entire ready-board in downward direction amid decrease in index.
In an unprecedented gesture, a Pakistan People's Party Parliamentarian (PPPP) member of the National Assembly Zafar Warraich on Tuesday quit as MNA and party's position.
The Defence Committee of the Cabinet on Tuesday discussed different dimensions of national defence, took cognisance of international, regional and national developments; and took suitable policy decisions.
Ireland's IAWS said on Tuesday a strong performance from its food division offset challenging market conditions in agribusiness, powering a 26 percent climb in first-half profits before tax and goodwill.
The Defence Committee of the Cabinet on Tuesday discussed different dimensions of national defence, took cognisance of international, regional and national developments; and took suitable policy decisions.
Indonesia is still importing Australian wheat despite recent allegations by Pakistan that some shipments had been contaminated with a fungus, major importer Bogasari Flour Mills said on Tuesday.
The State Bank of Pakistan (SBP) has asked the banks and development financial institutions (DFIs) to separately mention fresh loans if granted to a party after rescheduling.
Canadian wheat sales to the Philippines are moving into top gear due to a lack of Indian and Chinese offers, and beginning to threaten the US hold in the Southeast Asian nation, a leading flour miller said on Tuesday.
The State Bank of Pakistan (SBP) has asked the banks and development financial institutions (DFIs) to separately mention fresh loans if granted to a party after rescheduling.
Ukraine increased feed barley exports through its seaports to 103,600 tonnes in February compared with 24,800 tonnes in January, analysts said on Tuesday.
Equities closed lower on the Lahore Stock Exchange amid descending transaction volume owing to lacking interest on the part of small investors on Tuesday.
Australia, already the world's second largest wheat and largest barley exporter, is headed toward massive expansion of its grains industry, growers body Grains Council of Australia (GCA) forecast on Tuesday.
Equities closed lower on the Lahore Stock Exchange amid descending transaction volume owing to lacking interest on the part of small investors on Tuesday.
Oil analysts have hoisted 2004 crude price forecasts by 10 percent since January, reinforcing a growing consensus that higher energy prices are not going away any time soon, a Reuters poll showed on Tuesday.
Profit-taking set in at the stock market on Tuesday where bargain hunters stole the show and blue chips and investment shares failed to sustain the overnight levels.
Malaysian tin ended $40 down on Tuesday, narrowing its premium to the London Metal Exchange, as the local market stayed firmly in the $7,000-a-tonne range despite recent sell-offs in London tin.
Profit-taking set in at the stock market on Tuesday where bargain hunters stole the show and blue chips and investment shares failed to sustain the overnight levels.
Comex copper finished with steep declines on Monday, toppled by heavy profit-taking from all sectors of the market that was initially triggered by a surge in the dollar, traders said.
China will help Pakistan to develop Chashma Nuclear Power Plant Phase II for producing electricity, said a spokesman of the Chinese Foreign Office, Liu Jianchao.
Tokyo platinum futures slipped on Tuesday as the dollar's fall against the yen triggered heavy profit-taking, hammering down the metal's price from a 16-1/2 year high hit the previous day.
China will help Pakistan to develop Chashma Nuclear Power Plant Phase II for producing electricity, said a spokesman of the Chinese Foreign Office, Liu Jianchao.
Comex gold eased in a muted reaction to widely anticipated news that Europe's central banks will renew for another five years am important gold sales agreement expiring in September.
The International Monetary Fund (IMF) has underlined the need for addressing certain challenges, including strengthening of public finances and financial performance of power sector for successful implementation of Poverty Reduction and Strategy Paper (PR
Gold held above $400-an-ounce in Asia on Tuesday, as it tracked a weaker dollar and factored in a new agreement reached by Europe's central banks on gold sales.
The International Monetary Fund (IMF) has underlined the need for addressing certain challenges, including strengthening of public finances and financial performance of power sector for successful implementation of Poverty Reduction and Strategy Paper (PR
Some Shanghai copper futures contracts fell their three percent limit in trade on Tuesday under pressure from an overnight fall on the London Metal Exchange, traders said.
Saudi Arabia's first human rights watchdog agency was established on Tuesday, the most concrete step yet in a slow process of reform which authorities insist must be home-grown and compatible with Islam.