Continued demand for dollars kept the rupee under pressure which sharply lost 15 paisa versus greenback at Rs 59.95 and Rs 60.00 for buying and selling, respectively, dealers said.
The Judge of the Accountability Court Rawalpindi, Manzoor Hussain Malik has issued non-bailable arrest warrants against former Wapda and IESCO officials in embezzlement references filed by national accountability bureau against these officials.
Continued demand for dollars kept the rupee under pressure which sharply lost 15 paisa versus greenback at Rs 59.95 and Rs 60.00 for buying and selling, respectively, dealers said.
Parliament is the highest forum in a country. It embodies the ethos of its people's aspirations. Its members are considered national icons and are emulated as role models.
This company of chemical sector was listed at the Karachi Stock Exchange in 1996. At present the market value of Shaffi Chemicals have been quoted at Rs 5.60 per at substantial discount to the par value of Rs 10.
Lahore High Court Bar Association (LHCBA) has demanded registration of treason cases against those MNAs who voted in support of bill, allowing General Pervez Musharraf to keep both offices of President and COAS.
This company of chemical sector was listed at the Karachi Stock Exchange in 1996. At present the market value of Shaffi Chemicals have been quoted at Rs 5.60 per at substantial discount to the par value of Rs 10.
Al Ghazi Tractors Ltd (AGTL) was privatised in 1991. Located at Dera Ghazi Khan the AGTL plant manufactures Fiat Tractors in collaboration with Fiat New Holland. The company claims to have the distinction of achieving the highest local content in Pakistan
Al Ghazi Tractors Ltd (AGTL) was privatised in 1991. Located at Dera Ghazi Khan the AGTL plant manufactures Fiat Tractors in collaboration with Fiat New Holland. The company claims to have the distinction of achieving the highest local content in Pakistan
The opposition on Monday pledged to frame a 'National Charter' on the basis of which a country-wide campaign would be launched to "send President Musharraf home".
The committee on cotton is meeting here on Tuesday for working out strategy to stabilise cotton market for good return to the growers, who despite Trading Corporation of Pakistan 's (TCP) intervention for lint buying are uncertain about the market trend i
Marble and granite sector would be addressed scientifically with a consistent follow up by the ministry of industries and production to achieve an investment of Rs 2 billion and the export target of 500 million dollars in this area.
The Businessman Forum (BF) has announced nomination of Sardar Muhammad Ashraf for the office of the president of Federation of Pakistan Chambers of Commerce and Industry for 2005-06 term.
Japan is likely to extend $ 735 million to Pakistan under Overseas Development Assistance (ODA) soon which had been suspended after 1998's nuclear tests, informed sources in the Economic Affairs Division told Business Recorder.
The All Parties Hurriyat Conference (APHC) on Monday gave a strike call on October 25 on the occasion of Indian Prime Minister Dr Manmohan Singh's visit to occupied Kashmir.
Secretary Commerce, Tasneem Noorani urged the members of Pakistan Pharmaceutical Manufacturers Association (PPMA) to increase their share of export to $ 50 million in the global market of $ 401 billion.
Foreign Minister, Khurshid Mahmud Kasuri held a meeting with the Chinese State Councillor Tang Jiaxuan at the Foreign Office on Monday and exchanged views on regional and international situation as well as UN Security Council reforms.
The government will sign a $ 0.378 million Technical Co-operation Programme (TCP) agreement with Food and Agriculture Organisation (FAO) on Tuesday for water management in Sindh.
A Grand Tribal Jirga comprising senior leaders on Monday condemned the killing of a Chinese engineer and reaffirmed full support to the government in its fight against terrorism.
Prime Minister Shaukat Aziz on Monday directed the concerned departments to make arrangements for immediate export of cotton. Talking to members of parliament from Multan, Rahim Yar Khan and Bahawalpur areas here at Prime Minister House, he directed the C
Prime Minister Shaukat Aziz on Monday directed the concerned departments to make arrangements for immediate export of cotton. Talking to members of parliament from Multan, Rahim Yar Khan and Bahawalpur areas here at Prime Minister House, he directed the C
President General Pervez Musharraf on Monday said Pakistan's positive economic scenario holds out immense prospects for foreign investors, stating that increased inflow of investment into various sectors would lead to socio-economic development at the gra
President General Pervez Musharraf on Monday said Pakistan's positive economic scenario holds out immense prospects for foreign investors, stating that increased inflow of investment into various sectors would lead to socio-economic development at the gra
Transportation cost will be reduced by 2 billion dollars a year if India and Pakistan allow transportation of goods by road. This was stated in a report of Karachi Chamber of Commerce and Industry (KCCI) on trade with India. The report said that geographi
Transportation cost will be reduced by 2 billion dollars a year if India and Pakistan allow transportation of goods by road. This was stated in a report of Karachi Chamber of Commerce and Industry (KCCI) on trade with India. The report said that geographi
The domestic vendor industry, making parts for automobile industry, contributed Rs 8 billion to revenue in 2003-04 besides providing employment to 160,500 people. The vending industry wants full protection. The industry's investment was Rs 72 billion and
The domestic vendor industry, making parts for automobile industry, contributed Rs 8 billion to revenue in 2003-04 besides providing employment to 160,500 people. The vending industry wants full protection. The industry's investment was Rs 72 billion and
Senate Standing Committee on Petroleum and Natural Resources on Monday in its meeting at Parliament House under the chairmanship of Senator Syed Dilawar Abbas called upon the government to gear up its efforts for the development of natural resources in th
The Maritime Security Agency (MSA) ship, "Rehmat", apprehended 10 Indian fishing boats along with 60 crew members on board on October 16 for fishing illegally in Pakistani waters, a MSA release said on Monday.
Two schoolchildren died and six were hurt on Monday when an 11,000-volt electric wire fell on the courtyard of a school on the outskirts of occupied Srinagar, police said.
The US textile industry has officially requested the government to maintain quotas on 13 categories of the imports from China. A petition to this effect has been filed with the full support of the industry associations bringing uncertainty in the world te
The US textile industry has officially requested the government to maintain quotas on 13 categories of the imports from China. A petition to this effect has been filed with the full support of the industry associations bringing uncertainty in the world te
The Pakistan State Oil (PSO) has bought a total of 365,000 tonnes of high-sulphur fuel oil from the United Arab Emirates' FAL Oil to meet part of its fourth-quarter requirements, industry sources said Monday.
The Pakistan State Oil (PSO) has bought a total of 365,000 tonnes of high-sulphur fuel oil from the United Arab Emirates' FAL Oil to meet part of its fourth-quarter requirements, industry sources said Monday.
Pakistan on Monday invited Leader of the Opposition and former Deputy Prime Minister L K Advani to visit the country. Pakistan High Commissioner to India Aziz Ahmad Khan called on Lal Krishna Advani and extended an invitation on behalf of Foreign Minister
Pakistan on Monday invited Leader of the Opposition and former Deputy Prime Minister L K Advani to visit the country. Pakistan High Commissioner to India Aziz Ahmad Khan called on Lal Krishna Advani and extended an invitation on behalf of Foreign Minister
Dewan Kia has, for the time being suspended production of the entire Kia brand cars, market sources said on Monday. There is no further flow of Kia make car in the market. According to sources, production of Classic NGV-CNG 'SX' Petrol, 1300 cc with marke
Dewan Kia has, for the time being suspended production of the entire Kia brand cars, market sources said on Monday. There is no further flow of Kia make car in the market. According to sources, production of Classic NGV-CNG 'SX' Petrol, 1300 cc with marke
3M Co on Monday reported a 17 percent rise in third-quarter earnings due in part to the weak dollar, but the diversified manufacturer's results came in below Wall Street's estimates for the first time in nearly four years, sending shares down 5 percent.
3M Co on Monday reported a 17 percent rise in third-quarter earnings due in part to the weak dollar, but the diversified manufacturer's results came in below Wall Street's estimates for the first time in nearly four years, sending shares down 5 percent.
Singapore's key non-oil domestic exports (NODX) in September grew 16.9 percent from a year ago, down from recent levels but still well above analysts' forecasts, official figures showed Monday.
A flight attendants union accused Australian flag carrier Qantas Monday of plotting to train hundreds of strike breakers to thwart a threatened Christmas work stoppage over plans for a new low-cost London base.
Star Gas Partners LP on Monday said it has suspended distributions on its common partnership units and warned it may have to seek bankruptcy protection unless it can arrange new financing for its Petro heating oil unit.
China is considering ways to restructure the overseas businesses of its largest oil and gas producer, CNPC, including a $5 billion asset injection plan, a newspaper said on Monday.
Croatia's state telecom regulator dismissed on Monday the only bid for the third national mobile telecoms operator licence, from a group led by Sweden's Tele2 and said it would call a new tender soon.
Pakistan is seriously considering to completely abolish the negative list, meeting Afghan government's longstanding demand, sources in Commerce Ministry said here on Monday. They said that Commerce Ministry would be taking this step after receiving direct