The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Worldcall and Mobilink signed interconnect agreement for bilateral exchange of traffic and services. The physical connectivity has been established in Lahore, Karachi, Faisalabad and Islamabad.
A two-member delegation comprising Bishop Michael Nazir Ali, Member House of Lords and Bishop of Rochester and Bishop Azad Marshal Bishop of Gulf and Iran called on Prime Minister Shaukat Aziz here on Friday.
The telethon programme of the Saudi television has collected 120 million riyals so far from the Saudi people for the help of October 8 earthquake victims in Azad Kashmir and NWFP.
Prime Minister Shaukat Aziz has appreciated the support provided by the government and non-governmental organisations of UK and the European Union for earthquake-affected areas of Pakistan.
Literacy rate (10 years and older) has increased substantially from 16.7 percent in 1961 to 53 percent in 2004-05, but it is still below the PRSP target of 58 percent for 2004-05. The MDG target is to increase the literacy rate to 88 percent by 2015.
The LCCI-Wapda Dispute Resolving Committee on Friday pledged to solve all the issues and problems facing the business community amicably. The meeting, which was jointly chaired by the Lesco chief Akram Arian and LCCI president Mian Shafqat Ali, also decid
Large numbers of faithful attended the Friday Prayers and prayed for the relief and succour of the quake-affected in the country as also for the safety of the whole nation in view of continued aftershocks that are being felt frequently.
Punjab University has awarded PhD degree to Muhammad Asghar Sultan, son of Hidayat Ali, on his paper titled "Biochemical study of hormone receptors in diabetes mellitus," accomplished under the supervision of School of Biological Sciences, PU.
With a view to ensuring good governance, the excise & taxation department has taken action against some officers of the department. A spokesman of the E&T department said here on Friday that Assistant Excise & Taxation Officer (AETO) Pakpattan, Maqsood Pe
Muslims in Pakistan and elsewhere in the world offered last Friday of the holy month of Ramazan [Jumatul Wida] with religious fervour amid emotional prayers for Muslim Ummah and the success of its causes.
British Kashmiris who observed October 27 as a 'Black Day' to mark Indian occupation of their land, called for turning the earthquake disaster into an opportunity for peace.
A family of four member died when a Shujabad bound bus crushed a motorcyclist in Lodhran on Thursday. Muhammad Qasim and his two children Abdullah and Aqsa died on the spot while his wife Hafeezan Bibi died in Bahawa Victoria Hospital, Bahawalpur on Frida
Four persons including a girl were killed, while more than one dozen injured, two of them seriously in various road mishaps. First accident took place in Ghulam Muhammadabad Colony, where Samual Masih and his younger sister were crushed to death by an urb
The devastated October 8 earthquake has played havoc with the health facilities in the five worst affected districts of the North West Frontier Province (NWFP) and their reconstruction would require an amount of Rs 5 billion.
The Central Board of Revenue (CBR) has identified serious discrepancies in the National Tax Number (NTN) database, and has constituted a task force to start cleansing data of those taxpayer who have either closed their business or are not operating, for a
Rupee's appreciation versus the dollar persisted in the currency market on Friday owing to significant supply of the US currency, Syed Nabeel Iqbal, the Marketing Manager of the Khanani and Kalia International said.
Pakistan Peoples Party (PPP) Chairperson and former Prime Minister Benazir Bhutto will attend the world leadership summit in Abu Dhabi on November 15. Former US President Bill Clinton and other world leaders would also attend the moot.
Makhdoom Javed Hashmi, acting chief of Pakistan Muslim League (N) has asked the opposition parties not to participate in the All Parties Conference convened by the ruling Muslim League at the behest of General Pervez Musharraf and put pressure on the rule
With an annual shortfall of 270,000 housing units, the demand of housing may now rise after the October 8 earthquake, which has left 3.3 million people homeless in Northern Areas and AJK. On an annual basis, Pakistan needs 570,000 units against the actual
The year under review was the best year in the history of the company wherein the company achieved highest ever sales volumes and in turn better retention, profitability and earnings per share.
The Faisalabad Sales Tax Collectorate has blacklisted 31 firms on charges of filing bogus or unconfirmed sales tax invoices, said Collector Shafqat Mahmood while addressing an Iftar party by Pakistan Textile Exporters Association (PETA) here on Thursday e
The year under review was the best year in the history of the company wherein the company achieved highest ever sales volumes and in turn better retention, profitability and earnings per share.
President General Pervez Musharraf has reaffirmed Pakistan's continued support for Nepal's unity, territorial integrity and sovereignty as well as its economic development and thanked the South Asian country for extending assistance to Pakistan's earthqua
Rupee's appreciation versus the dollar persisted in the currency market on Friday owing to significant supply of the US currency, Syed Nabeel Iqbal, the Marketing Manager of the Khanani and Kalia International said.
The nation observed Juma-tul-Wida (the last Friday of the holy month of Ramazan) with religious zeal and fervour throughout the country. Large congregations were held at mosques where the faithful offered prayers.
The government is planning to hold an all parties conference (APC) to discuss the relief and rehabilitation task in the earthquake affected areas and the opposition parties are being contacted in this regard.
Pakistan Telecommunication Limited will carry out development work on its spur optical fibre cable on October 30, at OFS terminal Abbottabad from 12:00 hours to 02:00 hours.
The death toll from the October 8 massive earthquake has increased to 55,000 and is likely to rise, Interior Minister Aftab Ahmad Khan Sherpao said here on Friday.
The Cabinet Committee on Fund Raising has mobilised Rs 8.4 billion from 239 business groups for earthquake relief fund, said Federal Minister for Privatisation and Investment Dr Abdul Hafeez Shaikh.
The US Ambassador in Pakistan Ryon C Crocker termed the earthquake in Azad Kashmir and NWFP as bigger than Tsunami disaster and said it needed a long-term planning to rehabilitate of the quake victims. He was talking to newsmen after visiting the earthqua
US-based Relief International's team is focusing to provide medical attention, food, hygiene and health service to solve mid and long-term concerns in earthquake-affected areas.
The Securities and Exchange Commission of Pakistan (SECP) has made changes in the laws pertaining for non-banking finance companies, conducting housing finance. Such companies have been asked to raise the maximum limit of loan to Rs 20 million.
South African maize prices dipped on Friday on forecasts for rain over the key breadbasket of the Free State province but losses were capped by a softer rand and the fact that little if any planting has started.
The Karachi Electric Supply Corporation (KESC) would not increase power tariff as the raise due to increase in 'fuel adjustment prices' is being picked by the federal government, a KESC spokesman said on Friday.
The Karachi Electric Supply Corporation (KESC) would not increase power tariff as the raise due to increase in ''fuel adjustment prices'' is being picked by the federal government, a KESC spokesman said on Friday.
A plan by the Philippines to become one of the first nations to introduce genetically modified rice may be delayed by several years, despite an aggressive start.
Prime Minister Shaukat Aziz on Friday brushed aside the opposition's criticism that North Atlantic Treaty Organisation troops had been allowed, saying Nato was permitted to send only doctors and engineers for relief and rehabilitation work.
Chicago Board of Trade rough rice futures closed higher on Thursday on a technical bounce after falling about 40 cents per hundredweight since mid-October, traders said.
Prime Minister Shaukat Aziz on Friday brushed aside the opposition's criticism that North Atlantic Treaty Organisation troops had been allowed, saying Nato was permitted to send only doctors and engineers for relief and rehabilitation work.
Soyabean futures at the Chicago Board of Trade closed steady on Thursday in quiet trade, supported by strength in soyabean meal on smaller-than-expected US soyameal stocks reported by the US Census Bureau, traders said.
Nato insisted on Friday its support for relief efforts in Pakistan was only a short-term mission after local opposition leaders raised concerns about the presence of foreign forces on Pakistan's soil.
Raw sugar prices closed flat on Thursday in a range-bound session featuring small speculators, with operators saying the market will likely stay in a band due to a dearth of leads, brokers said.
Nato insisted on Friday its support for relief efforts in Pakistan was only a short-term mission after local opposition leaders raised concerns about the presence of foreign forces on Pakistan's soil.
Vietnam's rice output will fall to 35.8 million tonnes this year from an earlier expected volume of 36.9 million as Typhoon Damrey, which swept through Vietnam last month, destroyed crop in large areas, a government adviser said.
Nato airplanes have transported some 450 tons of UNHCR aid to quake-stricken Pakistan from a military base in southern Turkey, the UN refugee agency said here Friday.
Food stamps, the major US antihunger program, would bear one-fourth of $3.7 billion in Agriculture Department budget cuts under a package unveiled by a senior House Republican on Thursday.
British involvement in Iraq has so far cost the country nearly 3.1 billion pounds (4.56 billion euro, 5.4 billion dollar) up to the end of March this year, the Ministry of Defence (MoD) said on Friday.
Oil hovered at $61 on Friday as the market balanced growing US crude stockpiles with concerns over heating fuel supply in the face of a looming winter and slow output recovery in the Gulf of Mexico.
The bail plea of Muhammad Ramzan Khawaja, an accused in Alliance Investment Company scam was dismissed here on Friday by a division bench of High Court of Sindh (SHC) comprising Justice Ghulam Rabbani and Justice Azizullah M. Memon.
Malaysian tin firmed on Friday, snapping a 4-day losing streak to end up 1 percent, reinvigorated by stronger London prices. The Kuala Lumpur Tin Market (KLTM) spot contract closed up $70 at $6,200 a tonne.
Over 210 branches of commercial banks in the earthquake-affected areas of Azad Kashmir and NWFP have been made functional due to efforts of the State Bank and the concerned banks' management, said a handout on Friday.
Jordan on Friday staged a telethon to gather funds for the victims of Pakistan's massive earthquake, raising more than half a million dollars in the first hours of the campaign.
US gold futures hit a 10-day high at the close on Thursday on fund and safe-haven buying in the precious metals, while platinum touched an 18-month peak and palladium hit a 16-month high before edging down.
US copper futures ended a choppy session in negative territory on Thursday on some speculative and option-related sales as an end to a strike at a Group Mexico smelter and talk of a large delivery of copper stocks from China's State Reserve Bureau were se
The Asian Development Bank (ADB) is planning to restructure its $57 million multi-sector rehabilitation and improvement project for Azad Jammu and Kashmir (AJK) following the earthquake which devastated AJK and parts of NWFP on October 8.
Australian wool prices eased in the latest week, hurt by a strengthening Australian dollar. The Australian Wool Exchange Eastern Market Indicator fell by 6 cents over the week to finish at 666 cents a kg clean.
The Asian Development Bank (ADB) is planning to restructure its $57 million multi-sector rehabilitation and improvement project for Azad Jammu and Kashmir (AJK) following the earthquake which devastated AJK and parts of NWFP on October 8.
The European Union on Friday offered more sacrifices on farm goods as it tried to keep alive a global trade deal, but the United States said it fell short and France protested it appeared to go too far.
The Asian Development Bank (ADB) is planning to restructure its $57 million multi-sector rehabilitation and improvement project for Azad Jammu and Kashmir (AJK) following the earthquake which devastated AJK and parts of NWFP on October 8.
Japanese industrial output was weaker than expected in September, raising concerns about the durability of Japan's economic recovery, while consumer price data suggested deflation was almost - but not quite - over.
President George W. Bush on Friday called Iran and Syria "outlaw regimes" and said countries that support terrorism are just as guilty of murder as those who commit the violence.
British telecom giant Vodafone announced Friday it will buy a 10 percent stake in mobile phone group Bharti Televentures for 1.5 billion dollars, the biggest ever foreign investment in an Indian telecom.
President George W. Bush on Friday called Iran and Syria "outlaw regimes" and said countries that support terrorism are just as guilty of murder as those who commit the violence.
British telecom giant Vodafone announced Friday it will buy a 10 percent stake in mobile phone group Bharti Televentures for 1.5 billion dollars, the biggest ever foreign investment in an Indian telecom.
President Mahmoud Ahmadinejad on Friday brushed off international condemnation and defended his call for Israel to be "wiped off the map", as tens of thousands of Iranians rallied to condemn the Jewish state.
Saudi Arabia, the top global oil exporter, won the go-ahead from major trading nations on Friday to join the World Trade Organisation (WTO), probably by mid-December, after 12 years of tough on-off negotiations.
President Mahmoud Ahmadinejad on Friday brushed off international condemnation and defended his call for Israel to be "wiped off the map", as tens of thousands of Iranians rallied to condemn the Jewish state.
Bangladesh Foreign Minister M. Morshed Khan doubts that the landmark South Asian Free Trade Agreement (Safta) will be ready in time for its scheduled implementation in January, a report said Friday.
The Pakistan Telecommunication Company Limited (PTCL) has posted Rs 5.5 billion after-tax profit for the quarter ended September 30, 2005, as compared to Rs 6.3 billion showing a decline of Rs 800 million.
Germany must reduce its public sector deficit to comply with European Union budetary rules and stimulate economic growth, Chancellor-designate Angela Merkel said on Friday.
The Pakistan Telecommunication Company Limited (PTCL) has posted Rs 5.5 billion after-tax profit for the quarter ended September 30, 2005, as compared to Rs 6.3 billion showing a decline of Rs 800 million.
The US economy shook off headwinds from hurricanes Katrina and Rita to grow at a faster-than-expected 3.8 percent annual rate in the third quarter, a Commerce Department report showed on Friday.
The Pakistan Telecommunication Company Limited (PTCL) has posted Rs 5.5 billion after-tax profit for the quarter ended September 30, 2005, as compared to Rs 6.3 billion showing a decline of Rs 800 million.
Microsoft Corp on Thursday said quarterly profit rose 24 percent on robust sales of Windows but tempered expectations of a sales spike when its Xbox 360 video game console launches in a month.
The Pakistan Telecommunication Company Limited (PTCL) has posted Rs 5.5 billion after-tax profit for the quarter ended September 30, 2005, as compared to Rs 6.3 billion showing a decline of Rs 800 million.
Microsoft Corp on Thursday said quarterly profit rose 24 percent on robust sales of Windows but tempered expectations of a sales spike when its Xbox 360 video game console launches in a month.