Chief of his own faction of All Parties Hurriyat Conference (APHC) Syed Ali Gillani has asked the Pakistani nation not to pull back from its national stance on Kashmir issue and the demand for implementation of UN resolutions for solution of Kashmir probl
Parts of city on Tuesday received first showers of the season due to a low pressure developed over Northeast Arabian Sea that moved towards Northwest and lies about 300km Southeast. The people, who were braving scorching heat for the last many days and wi
The Malaysian Tourism Promotion Board (MTPB) is organising a promotional effort in Pakistan from June 23 till July 1. According to the MTPB, the drive will provide a platform for the Malaysian private sector to further explore the business opportunities p
River Kabul has risen to dangerous levels in different parts of the NWFP, especially at Nowshera, where the discharge is over 0.1 million cusecs. The rise in River Kabul is attributed to widespread rains in the catchment areas in Pakistan and Afghanistan.
The National Bank of Pakistan (NBP) signed an agreement with the Pioneer Cement Limited (PCL) on Tuesday to help the latter in expanding its production capacity. NBP Risk Management Group Chief Javed Mahmood, and Pioneer Cement Managing Director Javed Ali
The government on Tuesday dispelled the impression that recent directive of Prime Minister Shaukat Aziz to probe into irregularities in the allotment and sale of state-owned land in Gwadar could cause further delay in the inauguration of country's biggest
The Privatisation Commission (PC) has asked a consortium of local companies to submit an offer for a 73 percent stake in the Karachi Electric Supply Corporation (KESC), officials said on Tuesday. The offer was made to Hassan Associates Consortium after Sa
The Privatisation Commission (PC) has asked a consortium of local companies to submit an offer for a 73 percent stake in the Karachi Electric Supply Corporation (KESC), officials said on Tuesday. The offer was made to Hassan Associates Consortium after Sa
The Privatisation Commission (PC) has asked a consortium of local companies to submit an offer for a 73 percent stake in the Karachi Electric Supply Corporation (KESC), officials said on Tuesday. The offer was made to Hassan Associates Consortium after Sa
The Indian army said on Tuesday it has prepared a roadmap for the withdrawal of troops from the Siachen glacier. "We have given our viewpoint to the government on converting the Saltoro ridge and the glacier into a demilitarised zone," army chief general
The Indian army said on Tuesday it has prepared a roadmap for the withdrawal of troops from the Siachen glacier. "We have given our viewpoint to the government on converting the Saltoro ridge and the glacier into a demilitarised zone," army chief general
Hundreds of Afghan police, backed by US air strikes, retook control of a district capital that was overrun by the Taleban last week, killing 32 fleeing guerrillas and capturing at least 15, police said. The Taleban insurgents took Mian Nishin district of
Hundreds of Afghan police, backed by US air strikes, retook control of a district capital that was overrun by the Taleban last week, killing 32 fleeing guerrillas and capturing at least 15, police said. The Taleban insurgents took Mian Nishin district of
Indian Prime Minister Manmohan Singh accused Pakistan on Tuesday of violating bilateral travel agreement on the newly launched trans-Kashmir bus service. Manmohan said Pakistan breached the pact earlier this month by allowing occupied Kashmiri leaders to
Indian Prime Minister Manmohan Singh accused Pakistan on Tuesday of violating bilateral travel agreement on the newly launched trans-Kashmir bus service. Manmohan said Pakistan breached the pact earlier this month by allowing occupied Kashmiri leaders to
Afghanistan urged Pakistan on Tuesday to clamp down on militants hiding on its side of the border, a day after Kabul said it had arrested three Pakistanis for plotting to assassinate the US ambassador. "There are elements on Pakistani soil who train terro
Afghanistan urged Pakistan on Tuesday to clamp down on militants hiding on its side of the border, a day after Kabul said it had arrested three Pakistanis for plotting to assassinate the US ambassador. "There are elements on Pakistani soil who train terro
BMA-PGBI yield decreased by 9 basis points. The value of the index increased by 0.38% to close at 98.07. Yield to maturities declined further due to more demand. The market expects further demand in fixed income securities over the next few days.
President General Pervez Musharraf held a telephonic conversation with his Afghan counterpart President Hamid Karzai on Tuesday. Both the leaders discussed matters of bilateral interest as well as developments of regional and international significance. O
BMA-PGBI yield decreased by 9 basis points. The value of the index increased by 0.38% to close at 98.07. Yield to maturities declined further due to more demand. The market expects further demand in fixed income securities over the next few days.
President General Pervez Musharraf held a telephonic conversation with his Afghan counterpart President Hamid Karzai on Tuesday. Both the leaders discussed matters of bilateral interest as well as developments of regional and international significance. O
BMA-PGBI yield decreased by 9 basis points. The value of the index increased by 0.38% to close at 98.07. Yield to maturities declined further due to more demand. The market expects further demand in fixed income securities over the next few days.
Saudi-Pak Industrial and Agricultural Investment Company (Pvt) Limited has started margin financing which is replacing COT finance of the local bourses. It has committed finance of Rs 300 million and is considering requests for financing of Rs 700 million
Saudi-Pak Industrial and Agricultural Investment Company (Pvt) Limited has started margin financing which is replacing COT finance of the local bourses. It has committed finance of Rs 300 million and is considering requests for financing of Rs 700 million
Saudi-Pak Industrial and Agricultural Investment Company (Pvt) Limited has started margin financing which is replacing COT finance of the local bourses. It has committed finance of Rs 300 million and is considering requests for financing of Rs 700 million
The Chinese government is encouraging its textile companies to invest in textile sector outside the country, especially in countries which are known for cotton production. This was stated by the Chairman of Chinese Chamber of Commerce for Import and Expor
Sixteen persons received burn injuries in an explosion caused by leakage of Sui-gas in a jeweler's shop at Saddar main bazaar, Cantonment here, on Tuesday. The injured were rushed to CMH and Mayo Hospital for treatment, police said. A motorcycle parked ou
Sixteen persons received burn injuries in an explosion caused by leakage of Sui-gas in a jeweler's shop at Saddar main bazaar, Cantonment here, on Tuesday. The injured were rushed to CMH and Mayo Hospital for treatment, police said. A motorcycle parked ou
The authorised representative of Attock Oil Group of companies, Shuaib A Malik, on Tuesday handed over here a pay order worth Rs 4,103,783,901 as first installment (25 percent) of the total offer of Rs 16.415 billion, to Dr Abdul Hafeez Shaikh, Federal Mi
A delegation of SHV Holding Netherlands and House of Habib led by Chairman SHV, P.C Klover called on President General Pervez Musharraf here on Tuesday. The president welcomed the delegation and briefed them about various economic measures and policies of
The Central Board of Revenue (CBR) has decided to submit a list of around 400 sales tax and central excise defaulters to the National Assembly standing committee on finance in its next meeting on June 29, 2005. Official sources told Business Recorder <
The National Tariff Commission (NTC) has asked the Pakistani industrialists that if they are facing unfair trade practices, especially dumping, subsidies given to foreign exporters/manufactures and in case of a sudden surge in import of a particular produ
The National Tariff Commission (NTC) has asked the Pakistani industrialists that if they are facing unfair trade practices, especially dumping, subsidies given to foreign exporters/manufactures and in case of a sudden surge in import of a particular produ
The National Tariff Commission (NTC) has asked the Pakistani industrialists that if they are facing unfair trade practices, especially dumping, subsidies given to foreign exporters/manufactures and in case of a sudden surge in import of a particular produ
Pakistan Petroleum Ltd (PPL) General Manager Human Resources, Mohammed Iftikar, was wounded in an attack by two unidentified gunmen early on Tuesday morning in Karachi's Defence Housing Authority neighbourhood, said a press release. The gunmen riding in a
Pakistan Petroleum Ltd (PPL) General Manager Human Resources, Mohammed Iftikar, was wounded in an attack by two unidentified gunmen early on Tuesday morning in Karachi's Defence Housing Authority neighbourhood, said a press release. The gunmen riding in a
The Central Board of Revenue (CBR) conducted interviews of two foreign consultants from USA and South Africa through video conferencing at World Bank (WB) office, Islamabad, for appointment as Project Manager for Program Management Unit (PMU) for speedy i
Cisco Systems Inc on Tuesday launched technology to make computer networks smarter, faster and more secure by making the equipment that directs data link better with the software applications that use it. Called Application Oriented Networking, or AON, th
Krispy Kreme Doughnuts Inc has forced out six company officers after a special board committee looking into the restaurant chain's accounting practices said they should be "discharged." Among the officers were four senior vice presidents that had a wide r
China has announced plans to launch a new quota system to check its booming exports of textiles, a mechanism for effecting a deal reached with the European Union 10 days ago that eased trade friction. China cancelled export quotas at the start of January
Iran ended mobile licence talks with Turkcell after the Turkish mobile operator insisted on a controlling stake, and started discussions with South Africa's MTN, an Iranian telecoms official said on Tuesday. Masoum Fardis, manager of Iran's second private
Bears snatched the floor from the bulls at the Islamabad Stock Exchange (ISE) where selling-pressure in trend-setters moved the index in minus territory amid decrease in index. ISE Network Index was down by 121.33 points as the composite index moved from
Bears snatched the floor from the bulls at the Islamabad Stock Exchange (ISE) where selling-pressure in trend-setters moved the index in minus territory amid decrease in index. ISE Network Index was down by 121.33 points as the composite index moved from
Led by petroleum sector, equities suffered losses across the board on the Lahore Stock Exchange (LSE) amid ascending transaction volume on account of selling pressure in PTCL. The LSE-25 index declined by 102.73 points, closing at 3794.50 against 3897.23
Led by petroleum sector, equities suffered losses across the board on the Lahore Stock Exchange (LSE) amid ascending transaction volume on account of selling pressure in PTCL. The LSE-25 index declined by 102.73 points, closing at 3794.50 against 3897.23
More than 40 people have been killed across the country by extremely hot weather and the searing temperatures are expected to last at least a couple more days, officials said on Tuesday. Most of the fatalities have come in Punjab, where temperatures soare
More than 40 people have been killed across the country by extremely hot weather and the searing temperatures are expected to last at least a couple more days, officials said on Tuesday. Most of the fatalities have come in Punjab, where temperatures soare
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
US President George W. Bush and President General Pervez Musharraf discussed the war on terrorism by telephone on Tuesday, according to White House spokesman Scott McClellan. "They discussed good co-operation in the war on terrorism" as well as developmen
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
US President George W. Bush and President General Pervez Musharraf discussed the war on terrorism by telephone on Tuesday, according to White House spokesman Scott McClellan. "They discussed good co-operation in the war on terrorism" as well as developmen
Prime Minister Shaukat Aziz on Tuesday outlined "special initiatives" in the social sector to be launched in the current financial year and asked the donor countries and agencies to be a "partner in progress" and help the government achieve its developmen
US cocoa futures finished in negative territory in quiet business on Monday on some light speculative pressure as the market digested last week's run-up to two-month highs and monitored renewed tensions in leading grower Ivory Coast, market sources said.
Prime Minister Shaukat Aziz on Tuesday outlined "special initiatives" in the social sector to be launched in the current financial year and asked the donor countries and agencies to be a "partner in progress" and help the government achieve its developmen
Brazilian soya exports to China are expected to pick up after a slow start this year as producers cash in on higher Chicago prices and doubts swirl about the new US crop, industry sources said on Monday. Brazilian soyabean exports to China totalled 2.83 m
Prime Minister Shaukat Aziz on Tuesday outlined "special initiatives" in the social sector to be launched in the current financial year and asked the donor countries and agencies to be a "partner in progress" and help the government achieve its developmen