The National Assembly on Tuesday held two sittings, the second one to make up for the Monday sitting which had failed to take up a bill the government wanted to pass reportedly during the sojourn here of an important foreign guest.
The commandos of Special Services Group of Pakistan Army on Tuesday displayed their splendid skills acquired to combat terrorist activities, in the present day environment.
A member of the Lahore High Court Bar Association (LHCBA) has approached the Lahore High Court (LHC) with prayer to direct the respondent government to formulate a law for restraining the marriages of young couples without will of their parents.
The Pakistan Muslim League (PML) candidate Sardar Mehmood Khan was elected on the general seat for Senate from Punjab by the provincial assembly held on the vacant seat of Prime Minister Shaukat Aziz on Tuesday.
Federal Law Minister Wasi Zafar on Tuesday informed the National Assembly that President General Pervez Musharraf will complete his presidential tenure in uniform.
After the ordeal of one day on Monday people heaved a sigh of relief on Tuesday when they knew that the VVIPs had left Karachi, permitting them to return to their normal life.
Indian occupation troops shot dead four suspected freedom fighters in revolt-racked Indian occupied Kashmir while freedom fighters killed an occupation soldier and a civilian in separate shootings, police said on Tuesday.
The Pakistan State Oil (PSO) has introduced a new revolutionary gasoline known as 'Premier XL' that would outperform all others at no additional cost to customers. The supply of pre-additised 'Premier XL' gasoline across the network of stations has alread
The Pakistan State Oil (PSO) has introduced a new revolutionary gasoline known as 'Premier XL' that would outperform all others at no additional cost to customers. The supply of pre-additised 'Premier XL' gasoline across the network of stations has alread
Pakistan Oilfields Ltd (POL) has announced a 3 percent jump in after-tax profit for FY04 as compared to last year, declaring a cash dividend of Rs 12.5 per share. The top-line reported a growth of 4 percent, which is lower than expectations owing to lower
Pakistan Oilfields Ltd (POL) has announced a 3 percent jump in after-tax profit for FY04 as compared to last year, declaring a cash dividend of Rs 12.5 per share. The top-line reported a growth of 4 percent, which is lower than expectations owing to lower
Pakistan Oilfields Ltd (POL) has announced a 3 percent jump in after-tax profit for FY04 as compared to last year, declaring a cash dividend of Rs 12.5 per share. The top-line reported a growth of 4 percent, which is lower than expectations owing to lower
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (September 14, 2004).
Federal Industries and Production Minister Jehangir Tareen has set up a committee headed by the Minfal secretary to lay down procedure for import of 100,000 tonnes of urea for Rabi crops by the Trading Corporation of Pakistan (TCP). The committee comprise
Federal Industries and Production Minister Jehangir Tareen has set up a committee headed by the Minfal secretary to lay down procedure for import of 100,000 tonnes of urea for Rabi crops by the Trading Corporation of Pakistan (TCP). The committee comprise
Global money managers expect President George W. Bush will win the US election in November, reversing predictions a month ago that Senator John Kerry would triumph, according to a survey released on Tuesday.
Global money managers expect President George W. Bush will win the US election in November, reversing predictions a month ago that Senator John Kerry would triumph, according to a survey released on Tuesday.
The Karachi Stock Exchange (KSE) has recomposed its index and has inducted three new companies while omitting same number of companies on criterion of market capitalisation.
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
The Central Board of Revenue (CBR) has announced new jurisdictions of the collectorates of customs, sales tax and central excise (adjudication) to adjudicate cases of registered taxpayers. The CBR has superseded SRO. 480(I)/2004 through an SRO. 780(I)/200
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
The Central Board of Revenue (CBR) has announced new jurisdictions of the collectorates of customs, sales tax and central excise (adjudication) to adjudicate cases of registered taxpayers. The CBR has superseded SRO. 480(I)/2004 through an SRO. 780(I)/200
The Central Board of Revenue (CBR) has announced new jurisdictions of the collectorates of customs, sales tax and central excise (adjudication) to adjudicate cases of registered taxpayers. The CBR has superseded SRO. 480(I)/2004 through an SRO. 780(I)/200
Indonesian state logistics firm Bulog has purchased palm oil products worth $37.3 million from two local firms as part of a counter-trade deal with Russia, a Bulog spokesman said on Tuesday.
Equities suffered across the board losses at the Islamabad Stock Exchange (ISE) bears commanded the proceedings amid decrease in index. The ISE network index showed a decrease of 82.46 points as the price-based indicator moved from 11,280.02 to 11,197.56
Average cocoa prices paid to farmers in Ivory Coast were mostly up between September 6-12, as buyers competed for weak supplies before the start of the 2004/05 season on October 1, BCC data showed on Tuesday.
Equities suffered across the board losses at the Islamabad Stock Exchange (ISE) bears commanded the proceedings amid decrease in index. The ISE network index showed a decrease of 82.46 points as the price-based indicator moved from 11,280.02 to 11,197.56
Grain exports from the French port of Rouen totalled 209,903 tonnes from September 1-8, comprising 201,253 tonnes of wheat and 8,650 tonnes of barley, port officials said on Tuesday.
Bearish trend continued on the Lahore Stock Exchange (LSE) where equities registered more losses under the lead of the petroleum sector shares on account of prevailing confusion regarding the issue of capital value tax (CVT). The LSE-25 index declined by
The Karachi Port handled 59,811 tonnes of cargo including 47,832 tonnes import and 11,979 tonnes export cargo during last 24 hours ending at 0700 hours on Tuesday. The cargo comprised of 39,354 tonnes dry and 20,457 tonnes liquid cargo.
Bearish trend continued on the Lahore Stock Exchange (LSE) where equities registered more losses under the lead of the petroleum sector shares on account of prevailing confusion regarding the issue of capital value tax (CVT). The LSE-25 index declined by
Samples from this year's UK wheat harvest show mixed quality, Britain's Home Grown Cereals Authority (HGCA) said on Tuesday. "At this early stage, sample data point to a mixed wheat crop quality, with variable but deteriorating Hagberg falling numbers (a
Support from financial institutions during the last one hour of the trading session on Tuesday helped the KSE-100 index to avert major declines as sharp recovery was witnessed in D G Khan Cement, Bank of Punjab, PTCL, Hubco and Askari Commercial Bank. The
Support from financial institutions during the last one hour of the trading session on Tuesday helped the KSE-100 index to avert major declines as sharp recovery was witnessed in D G Khan Cement, Bank of Punjab, PTCL, Hubco and Askari Commercial Bank. The
Soya oil prices are likely to rise because of strong demand, low stocks and possible sluggish soyabean production, Hamburg-based newsletter Oil World said.
The Karachi Stock Exchange (KSE) 100-index has lost almost 9.5 percent from its all-time high level of 5621, and investors have lost substantially during the period under thin volume because of levy of CVT and early implementation of margin financing.
In the wake of State Bank of Pakistan's decision to enhance the minimum capital requirement to Rs 2 billion for a banking licence, American Express Bank (Amexco) has decided to close its operations and sell its licence in Pakistan, it is reliably learnt.
World number two rice exporter Vietnam said on Tuesday it has resumed exporting the grain but did not give an upper limit on how much exporters would be allowed to ship.
In the wake of State Bank of Pakistan's decision to enhance the minimum capital requirement to Rs 2 billion for a banking licence, American Express Bank (Amexco) has decided to close its operations and sell its licence in Pakistan, it is reliably learnt.
Pakistani rice prices remained unchanged over the past week on lower stocks, and dealers said on Tuesday they were unlikely to ease till next month when fresh arrivals would pick up. "At the moment the arrivals from the fresh crop are very slow, which hav
The US government has agreed to sell F-16 fighter aircraft to Pakistan and it would initially provide 18 out of total 70 demanded by Pakistan. This was stated by Air Chief Marshal Kaleem Saadat, Chief of Staff Pakistan Air Force (PAF), at a press briefing
Cash basis markets for corn and soyabeans were flat to lower early Tuesday in the US Midwest, merchandisers said. Basis values on key US waterways were lowered as barge freight increased amid the approach of active harvest and on jitters about the threat
The US government has agreed to sell F-16 fighter aircraft to Pakistan and it would initially provide 18 out of total 70 demanded by Pakistan. This was stated by Air Chief Marshal Kaleem Saadat, Chief of Staff Pakistan Air Force (PAF), at a press briefing
The Shaban moon will not be sighted today, Wednesday. Shaban One, 1425 AH, therefore, will fall on Friday, accordinng to astronomical parameters The moon will cross the conjunction line at 1929 Pakistan Standard Time (PST) on Tuesday. The time of sunset o
South Korea must improve the quality of its domestic rice crop to counter growing competition from cheaper imports, the head of the International Rice Research Institute (IRRI) told Reuters late on Monday.
The Shaban moon will not be sighted today, Wednesday. Shaban One, 1425 AH, therefore, will fall on Friday, accordinng to astronomical parameters The moon will cross the conjunction line at 1929 Pakistan Standard Time (PST) on Tuesday. The time of sunset o
Money exchange companies have threatened to call a strike if the looted millions of rupees could not be recovered till September 17. A cash delivery van of the companies carrying Rs 16 million was robbed on September 1, 2004. The case was registered with
Steady trend was witnessed on the cotton market on Tuesday as phutti (seed-cotton) prices picked up modestly, and partly because of higher trend in the NY cotton futures, relevant sources said.
Money exchange companies have threatened to call a strike if the looted millions of rupees could not be recovered till September 17. A cash delivery van of the companies carrying Rs 16 million was robbed on September 1, 2004. The case was registered with
The National Assembly on Tuesday ''hastily'' passed a bill to provide for export control on nuclear goods, related technologies and biological weapons and their delivery systems amid chants of ''no'', ''no'' by the opposition. The bill, introduced in the
The National Assembly on Tuesday 'hastily' passed a bill to provide for export control on nuclear goods, related technologies and biological weapons and their delivery systems amid chants of 'no', 'no' by the opposition. The bill, introduced in the Assemb
Russia has extended indefinitely a duty on products containing sugar which was due to expire in September and is designed to prevent imports of sugar disguised as other commodities, the government said on Tuesday.
The National Assembly on Tuesday 'hastily' passed a bill to provide for export control on nuclear goods, related technologies and biological weapons and their delivery systems amid chants of 'no', 'no' by the opposition. The bill, introduced in the Assemb
Opposition senators were apprehensive of deliberations of Senate committee on Balochistan and questioned the non-issuance of a notification by Senate Chairman which is a prerequisite for holding the first meeting of the body.
Taiwan's Flour Mills Association will seek a shipment of up to 42,500 tonnes of US wheat on Thursday after passing on a tender for 43,380 tonnes of wheat due to price, the official said.
Cocoa futures ended narrowly mixed, thanks to participants covering their short positions which helped prices retrace from two-month lows hit in the session, traders said.
Federal Health Minister Muhammad Nasir Khan on Monday has said that the government is considering involvement of religious leaders in polio immunisation campaigns to make it a success.
The fourth test on sugar beet harvested so far in Germany this year showed sugar content of 16.1 percent against 17.6 percent in the same test at this time last year, the association of German sugar producers WVZ said on Tuesday.
Minister of State for Economic Affairs Ms. Hina Rabbani Khar has said that after successfully concluding the three-year Poverty Reduction and Growth Facility (PRGF) programme with the International Monetary Fund (IMF), Pakistan will be exiting from this p
At least 73 people were killed on Tuesday in a Baghdad car bombing and in an ambush on police in Baquba, claimed by al Qaeda-linked militants, as fighting flared between US troops and insurgents in Ramadi. Fifty people perished in Baghdad, 47 of them when
Russia, the leading grain export competitor for Ukraine, has increased its wheat exports sharply to about 700,000 tonnes in August, forcing Ukraine to slow its trade, Ukrainian analysts said on Tuesday.
At least 73 people were killed on Tuesday in a Baghdad car bombing and in an ambush on police in Baquba, claimed by al Qaeda-linked militants, as fighting flared between US troops and insurgents in Ramadi. Fifty people perished in Baghdad, 47 of them when
Coffee futures rose more than 4 percent to an 11-week peak on Monday on the threat of a trucker strike in Colombia coupled with fears of Hurricane Ivan harming supplies stored in New Orleans, traders and analysts said.
Prime Minister Shaukat Aziz has spelt out a five-point strategy to realise Economic Co-operation Organisation's (ECO) cherished goals of economic integration. Addressing the ECO Summit in Tajik capital, Dushanbe, on Tuesday Shaukat said that ECO policies
China's north-east province of Jillian is planning to sell rice and corn stocks totalling 1.5 million tonnes in a late September tender, part of a series of auctions across the country to make room for new harvest.
Prime Minister Shaukat Aziz has spelt out a five-point strategy to realise Economic Co-operation Organisation's (ECO) cherished goals of economic integration. Addressing the ECO Summit in Tajik capital, Dushanbe, on Tuesday Shaukat said that ECO policies
China sold 150,244 tonnes of white sugar from state reserves in the September auction, the third of such sales by the government since July to help ease a domestic shortage, market officials said on Tuesday.
The Central Board of Revenue (CBR) has decided to issue notices to non-filers of income tax returns for 'tax year 2004'. Official sources told Business Recorder here on Tuesday that all persons liable to file returns under income tax law must file the sam
Thai sugar premiums are likely to hold steady over the next few days, with exporters in no hurry to sell forward contracts for 2005 shipment because they see current bids as too low, traders said on Tuesday.
The Central Board of Revenue (CBR) has decided to issue notices to non-filers of income tax returns for 'tax year 2004'. Official sources told Business Recorder here on Tuesday that all persons liable to file returns under income tax law must file the sam