Seven more Indian MPs have been caught on television asking for cash, hot on the heels of a similar scandal involving parliamentarians earlier this month, Star News TV said Tuesday.
Defence Secretary Donald Rumsfeld has signed an order to reduce US troop levels in Afghanistan from 19,000 to 16,000 by next spring, The New York Times said Tuesday, quoting a senior military officer.
Sterling rose from the previous session's three-week low against a broadly weaker euro on Tuesday, underpinned by the latest evidence that the UK housing market is picking up.
The dollar probed higher against the yen, euro and Swiss franc on Tuesday as investors looked ahead to US data later in the day that could yield further clues on the longevity of US monetary tightening.
The prospect of a full take-over by its majority owner boosted debt of German chemicals maker Degussa, while Swiss engineer ABB rallied as it drew closer to a resolution of long-running asbestos problems.
The prospect of a full take-over by its majority owner boosted debt of German chemicals maker Degussa, while Swiss engineer ABB rallied as it drew closer to a resolution of long-running asbestos problems.
South Korean shares rose to a record close on Tuesday, as energy-cost sensitive stocks such as Korea Electric Power Corp gained on expectations lower oil prices will cut their operating costs.
US stocks edged higher on Tuesday as General Motors shares weakened on worries the automaker was losing market share, but financial stocks advanced after good economic data and a positive earnings report from Morgan Stanley.
Indian share prices closed 0.51 percent lower Tuesday as investors locked in profits after sharp early gains that saw the benchmark index touch a new intraday record high, dealers said.
Britain's FTSE 100 index inched closer to 52-month highs on Tuesday, with support services firm Capita rising 3.1 percent on a robust trading update, although weaker drugs stocks capped gains.
The Australian, Canadian and New Zealand dollars, long buoyed by high interest rates and robust economic prospects, are expected to be among the currency market's weakest performers in 2006, burdened by forecasts of softer metal and oil prices, analysts s
EU agriculture ministers failed to agree on Tuesday on authorising imports of a genetically modified (GMO) maize, again revealing their deep divisions over biotech crops and foods, officials said.
China will release some 200,000 tonnes of raw sugar from reserves to help cap rising domestic prices for refined sugar, which are nearing a record high, a government official said on Tuesday.
Cotton futures closed lower Tuesday on modest trade and speculative sales and the market could well drift into the Christmas and New Year holidays, brokers said.
London white sugar futures closed weaker on producer selling on Tuesday as the market digested news of a Sudanese 100,000 tonne buying tender, dealers said.
Copper closed lower on the London Metal Exchange (LME) on Tuesday on a wave of late selling, and the market remained wary of further large scale liquidation before year end, dealers said.
Gold was steady in quiet European trade on Tuesday, supported by moderate fund buying and increasing physical demand, but thin volumes may make the market volatile in the last trading days of the year.
US coffee futures edged up to a new one-month peak on Monday, extending the previous session's gains of more than 3 percent on follow-through speculative buying and a lack of producer sales, traders said.
US cocoa futures ended in positive territory Tuesday, reversing early weakness amid light industry and speculative buying in line with recovering cocoa prices in London, traders said.
Raw sugar prices settled lower Tuesday on speculative sales and profit-taking as the market retreated from near an 11-year high and brokers said the sweetener may drift right into the holiday weekend.
Wheat futures on the Chicago Board of Trade were higher at midsession on Tuesday, rising to one-month highs on technical short covering by funds, traders said.
US copper futures edged higher at the open on Tuesday in moderate dealings as funds continued to stay on the sidelines ahead of the year end, leaving the trading to local dealers, sources said.
New York gold futures were buoyant in early trade on Tuesday, with traders confident of further gains but wary of thin trading conditions in the last few sessions of 2005.
A large number of knitwear units and ready made garments would be forced to relocate to the neighbouring countries if the government does not grant incentive to manufacturers of exportable items, a spokesman for Pakistan Readymade Garments Association (PR
Federal Government has prepared a "Highways Rehabilitation Project", which will be completed with the total cost of 361.40 million dollar including foreign exchange component of 300 million dollar.
A few days back the Honourable Prime Minister of Pakistan Shaukat Aziz detailed the government's policy to expand the role of the Private Sector in Power Generation.
While speaking at the National Press Club in Washington, the World Bank president cited Pakistan as 'an example for cutting the cost of trade and time' (9th December).
Serving as peacekeepers in Bosnia, Nepalese Gurkha troops are winning hearts as they collect weapons left over since the Balkan country's 1992-1995 war from often reluctant and stubborn locals.
Sam Khumalo works feverishly in the muggy heat, sifting through mounds of garbage for empty bottles and other materials for recycling as flocks of black-faced sacred ibis circle hungrily above.
Interdependence has stimulated the creation of international organisations in this world of globalisation and countries continue to come together to use this institutional framework as a means of promoting co-operation in social, economic and political sp
In a recent interview with a Saudi paper, President General Pervez Musharraf came up with a much welcome assurance regarding US government's renditions policy involving yet another scandal of arbitrary arrests and torture in CIA-run prisons that are locat
World Trade Organisation members, at a ministerial meeting in Hong Kong, reached a compromise agreement on Sunday that averted a collapse of the Doha Round of multilateral trade negotiation. After six days of round-the-clock negotiations, only a modest pa
Veteran leftist trade unionist S P Lodhi died at a local hospital after protracted illness here on Tuesday. S P Lodhi was amongst the founders of trade union movement in Pakistan. Born in Aligarh UP, he migrated to Pakistan and settled in Karachi.
All the Pakistan Telecommunication Company Limited (PTCL) employees would be promoted in next cadre, who had completed 12 years in one cadre, and marriage grant for employees' daughters has been increased from Rs 30,000 to Rs 50,000.
Prime Bank's board of directors meeting was held in Karachi under the chairmanship of Abdul Elah A. Mukred representing Arab Asian International Holdings, the major shareholders of Prime Bank.
Siemens Pakistan during its financial year ended on September 30, 2005, received new orders of just under Rs 18 billion, showing an increase of 54 percent over last year.
Siemens Pakistan during its financial year ended on September 30, 2005, received new orders of just under Rs 18 billion, showing an increase of 54 percent over last year.
It is difficult to distinguish between the truth and false about the Kalabagh dam project. It can be both, but the truth is clear: that to save our future generation from poverty and hunger, construction of water reservoirs is imperative in view of fast d
Worldspan has won the best technology provider award at the annual British Travel Trade Awards for the second consecutive year by Travel Trade Gazette, said a statement received here on Monday.
Karachi Stock Exchange (KSE) has decided to hold a meeting on Wednesday evening to discuss the directive of the Securities and Exchange Commission of Pakistan (SECP) for the appointment of non-member chairman for the new year.
Environmental pollution is an international problem and not connected with a particular nation. The masses have to be educated to create awareness about such an important problem.
A 10-member team of Japanese experts from Marubeni Corporation, Japan Railway Technical Service and Tonichi Engineering Consultant on Tuesday presented the draft final report of their over a month-long study regarding revival of Karachi Circular Railway (
More than 307,000 tons imported urea would be available with Trading Corporation of Pakistan by the first week of January 2006. TCP sources on Tuesday said that two vessels--'Zhong Shan Men' and 'Great marry'--carrying 22,500 tons urea arrived at Karachi
The Pak Oman Investment Company Limited (POICL) has approved a 100 percent right issue to increase the company's paid-up capital to Rs 3 billion. Both the governments in their capacity of joint venture partners have already agreed to increase their respec
The Pak Oman Investment Company Limited (POICL) has approved a 100 percent right issue to increase the company's paid-up capital to Rs 3 billion. Both the governments in their capacity of joint venture partners have already agreed to increase their respec
The Pakistan Sugar Mills Association (PSMA) (Sindh zone) has justified the move of sugar mills of the province to stop sugar cane crushing due to unbearable economic burden and losses caused by unprecedented revision of cane prices.
Chief of Staff of Malaysian Armed Forces, V.A Datomat Rabi Bin Abdu Samah met Federal Relief Commissioner Major General Farooq Ahmad Than here on Tuesday.
The Higher Education Commission (HEC) has decided to establish Electronic System Design Automation (Esda) Centre at National University of Science and Technology (Nust), Rawalpindi.
Six companies on Tuesday showed interest to launch another modern and economical radio cab service in the capital, said Islamabad Capital Territory's spokesman.
Speaker National Assembly Chaudhry Amir Hussain has said the stable economic policies of the government have expedited the pace of economic development, opening tremendous opportunities for foreign investors in Pakistan.
Tunisian Ambassador to Pakistan Zahaier Dhaouadi has called upon Pakistan business community to use Tunisia as a platform to export products to Europe and increase the trade volume of Pakistan and Tunisia.
Accusing the rulers of putting national security in jeopardy by raising controversial issues, such as Kalabagh dam, the opposition on Tuesday categorically rejected to form the proposed committee on relief and rehabilitation.
Director General Inter-Services Public Relations (ISPR), Major General Shaukat has admitted that helicopters and land weapons had been used by the paramilitary forces in 'targeted action' at some bases of miscreants in Balochistan.
Three Afghan nationals were wounded when a bomb exploded close to Pakistan-Afghan border at Afghan territory on Tuesday afternoon. According to details an explosive device went off close to Bab-e-Dosti along Pakistan-Afghan border. The device was fitted i
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).
Chief Election Commissioner Justice Abdul Hameed Dogar has fixed January 3 for the draw of lots to decide a list of half of Senate members who will retire before March 13.
The government has decided to bring about radical changes in the curricula to remove material breeding, sectarianism and religious hatred, said Minister for Education Lieutenant General Javed Ashraf Qazi (Retd) here on Tuesday.
Prime Minister Shaukat Aziz has expressed serious concerns over rapidly the increasing HIV/AIDS cases in the country. Around 72,000 AIDS and 2,741 HIV-positive cases have so far been reported in Pakistan.
Balochistan nationalist parties have given a call to observe 'black day' on Wednesday against the military action in Balochistan's Dera Bugti and Kohlu areas.
Former prime minister and Pakistan People's Party (PPP) Chairperson Benazir Bhutto has criticised the deployment of the military against tribesmen in Balochistan.
Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
A nation-wide survey report on state of the drinking water supply and usage in Pakistan has suggested that only 19.4 percent people have confirmed access to clean and safe drinking water at their ends.
Under the directive of Prime Minister Shaukat Aziz, the Small and Medium Enterprise Development Authority (Smeda) has set up "AHAN Cell" (Ek Hunar Ek Nager) to promote village level products in the country markets, said Smeda Punjab Chief Muhammad Alamgir
A leading social worker Rana Akhtar Ali, his son Rana Suleman were shot dead, while another son Sohail Ahmad seriously injured when they resisted a dacoity bid in Malikpur on Sheikhupura Road, here on wee hours of Tuesday.
Hurriyat Conference (A) Chairman Mirwaiz Umar Farooq claimed that India, Pakistan and Kashmiri leadership are successfully moving towards the solution of Kashmir issue through meaningful talks. According to Kashmir Times report, he was addressing the meet
Javaid Iqbal Shaikh has been appointed as acting General Manager of Pakistan Industrial Technical Assistance Centre (PITAC), Lahore. He is replacing Dr Farid Malik who has resigned from the post of General Manager Technology Upgradation and Skill Developm
Iranian Consul General in Lahore, Mohammad Khudadi has said that Pakistan and Iran could have highest level of bilateral business if both the nations wanted to face the fast emerging global challenges.
Adviser to Sindh chief minister for finance M.A. Jalil informed the business community the government has decided to allot industrial plots on 25 percent payment of market prices.
The Lahore High Court (LHC), while allowing an appeal, set aside the conviction awarded to former Chief Minister Punjab, Mian Manzoor Ahmed Wattoo and his co-accused Seema Naeem by an accountability court.
Strong supply of dollars raised the rupee's value in the interbank market on Tuesdays, with a gain of five paisa for buying and selling at 59.84 and 59.86, respectively.
With the establishment of a branch of Central Depository Company (CDC) of Pakistan Limited here in the textile capital of Pakistan, Faisalabad will emerge as the Fourth biggest capital market centre in the county, after Karachi, Lahore and Islamabad, said
Strong supply of dollars raised the rupee's value in the interbank market on Tuesdays, with a gain of five paisa for buying and selling at 59.84 and 59.86, respectively.
With the establishment of a branch of Central Depository Company (CDC) of Pakistan Limited here in the textile capital of Pakistan, Faisalabad will emerge as the Fourth biggest capital market centre in the county, after Karachi, Lahore and Islamabad, said
During the year under review, this relatively modest entity of engineering sector has been able to achieve excellent results in production and sales. To ensure continuity in business it has added new assets of substantial amount. Not only it is adding new
Pakistan and India on Tuesday held parleys at the technical experts meeting to carve out terms of reference and modalities for undertaking first-ever joint survey of Sir Creek.
During the year under review, this relatively modest entity of engineering sector has been able to achieve excellent results in production and sales. To ensure continuity in business it has added new assets of substantial amount. Not only it is adding new
The City District government (CDG) Lahore, on Tuesday has decided that sale of any building in the city would not be allowed without submission of completion certificate from the town administration concerned.