The Indian rupee rose against the dollar on Friday, bolstered by expectations of continued firm foreign demand for local shares, but gains were capped by suspected intervention by the central bank.
Business community here has urged US President George W Bush to announce lifting of all economic sanctions during his visit, to provide direct free market access to Pakistani exporters. Top business leaders in a joint statement here urged the US President
Pakistan's envoy to London Dr Maleeha Lodhi has said Prime Minister Shaukat Aziz's 3-day first official visit to Britain would strengthen strategic partnership between the two countries.
The representatives and owners of poultry farms should adopt every precautionary measures to thwart any danger of bird flu virus. This was stated by the Adviser to Sindh Chief Minister on Environment, Muhammad Noman Saigal.
Pakistan will import sugar from other countries besides India to meet the future domestic requirement. Trading Corporation of Pakistan Chairman Asif Zaman stated this while talking to a private TV channel.
Secretary Education Sajid Hasan said on Friday that Canada would provide Rs 3 billion in the field of education particularly to impart training to the teachers. He said education standard would be raised across the country, a private TV channel reported.
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 Commissioner, Islamabad Khalid Pervez on Friday reviewed the arrangements made for pollen allergy treatment camp to be held on March 5 at Aabara Community centre.
British parliamentarian, Lord Alex Carlile along with his delegation called on Federal Minister for Law, Justice and Human Rights Wasi Zafar here on Friday. During the meeting, both sides exchanged views on anti-terrorism laws in their countries.
Faisalabad livestock district officer said no bird flu virus had been detected in the district hence there is not need to get unnecessarily alarmed or panicky about the false rumours regarding the disease.
The fishing policy is being revised to enhance earning of foreign exchange and improve socio-economic uplift of the small-scale fishermen. An official source told APP here on Friday that an action plan is also underway for the improvement of deep sea fish
The reports of bird flu in NWFP and apprehensions of its spread in Sindh have affected 70 percent of the poultry trade in Hyderabad. Owing to decline in poultry trade and consumption of chicken meat, a number of restaurants have been closed rendering hund
The City District Nazim Rana Zahid Tauseef has stressed the people to people contacts to further strengthen the Pak-China friendship and said the exhibition on 'China-Rediscover' would play major role in bringing further closer the peoples of the two frie
Punjab Chief Minister Chaudhry Pervaiz Elahi has accepted the patronship of the Indo-Pak Punjab Psychiatric Association. According to a Fountain House's spokesman here on Friday, the Association is comprised of eminent psychiatrists of both the countries
The lawyers community also joined the countrywide strike against blasphemous caricatures and held peaceful protest by wearing black strips and hoisting black flags on bar buildings. The lawyers, however, passed their most of the time in bar rooms, discuss
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Chaudhry Muhammad Saeed will accompany Prime Minister Shaukat Aziz on his official tour to UK from March 5.
Rawalpindi Chamber of Commerce and Industry (RCCI) has condemned the bomb blast in Karachi the other day. Addressing a meeting of senior members of the chamber here on Thursday night. President RCCI, Jalil Ahmad Malik expressed sympathy with the bereaved
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Chaudhry Muhammad Saeed has nominated Asad Aziz Afaq as chairman, Pakistan-Italy Trade and Industry Committee of the FPCCI for the year 2006.
Lahore Businessmen Association for Rehabilitation of Disabled (Labard) is organising a festival for special persons (Labard Mela) at Race Course Park on Friday (March 10). Punjab Chief Secretary Salman Siddique and LCCI President Mian Shafqat Ali would be
The Punjab Assembly session of provincial assembly of Punjab in the current year will commence Saturday at 3:00pm. The opposition benches will hold a meeting of their parliamentary group in the assembly premises an hour earlier to the session. Qasim Zia L
Punjab Chief Minister Chaudhry Pervaiz Elahi in a function here on Friday distributed 50 motorcycles to people, whose motorcycles were destroyed in the recent protests in the province. CD 70 motorcycles were distributed by the chief minister after due ver
A sudden surge has been noticed in the number of street children in the provincial metropolis of Lahore, as children are leaving their homes in desperation on account of worsening socio-economic conditions, weakening of joint family system and tendency of
A complete strike was observed across Sindh on Friday on the call of Muttahida Majlis-i-Amal (MMA) to protest publication of blasphemous cartoons in the western media. The Alliance for the Restoration of Democracy (ARD) also supported the strike call.
The city on Friday observed a complete against the publication of blasphemous caricatures. The call was given by Muttahida Majlis-i-Amal (MMA) and later endorsed and supported by all political parties of opposition besides transporters, traders and differ
Former Prime Minister and Chairperson PPP Benazir Bhutto has condemned the suicide bomb blast in Karachi on Thursday resulting in the death of four people including a US diplomat and called for arrest of the masterminds and to bring them to justice.
Pakistan Peoples Party Parliamentarians (PPPP) will hold a meeting of its Punjab Executive, Federal Council, district presidents, federal and provincial legislators at a local marriage hall on March 15.
On the call of combined opposition, complete shutter down strike was observed in the provincial metropolis on Friday, to protest the publication of blasphemous caricatures in some Western newspapers, while public transport also remained off the road.
The Pakistan Auto Parts Exporters Association Chairman Tahir Javed Malik has urged the government to fully patronise engineering and auto parts industry as room still existed for improving the performance of that sector.
Complete shutter down was observed on Friday, as all political parties, religious groups, traders and transporters supported the strike call given by Muttahida Majlis-i-Amal to condemn the publication of blasphemous sketches in western newspapers.
During the process of hearing of a complaint in Mohtasib Secretariat, the Medical Superintendent, Lady Willington Hospital, has paid the withheld arrears of the stipend to as many as 188 nursing students.
Punjab chief minister in a meeting here on Friday has decided to provide half a million poor families of Punjab two 2 kg packs of sugar at the cost of Rs 20 per kilogram. Chief Secretary Salman Siddiq and others were also present on the occasion.
A meeting to be chaired by the Chief Election Commissioner Pakistan scheduled to be held on Saturday at the office of Provincial Election Commissioner here, has been postponed, says a press release issued on Friday.
The Bank of Khyber (BoK) has shown tremendous improvement in the Islamic banking as deposits have increased to Rs 2.1 billion and finances reached about 2.1 billion in a short span of time. The bank has converted four branches of Hayatabad, Bannu, Nowsher
The Bank of Khyber (BoK) has shown tremendous improvement in the Islamic banking as deposits have increased to Rs 2.1 billion and finances reached about 2.1 billion in a short span of time. The bank has converted four branches of Hayatabad, Bannu, Nowsher
At least four people were killed and 13 others injured in a head-on collision between a van and a college bus at Damas Gahkuch, Ghizer district, some 120 kms west of Gilgit on Friday, administration sources said.
The Chief Justice of the Lahore High Court Justice Iftikhar Hussain Chaudhry administered oath from three newly appointed additional judges of the LHC here on Friday in a simple but impressive ceremony.
An accountability court on Friday adjourned till Wednesday (March 08) the proceedings in a reference against the PML-N acting president MNA Javed Hashmi, as defence counsel did not appear before the court.
Sindh Chief Minister, Dr Arbab Ghulam Rahim on Friday visited the residence of US Consul General Mary Witt to convey his profound grief and sorrow over the death of a US officer and a Pakistani employee of the Consulate in a bomb blast near the US Consula
Experts in an orientation workshop for print and electronic media personnel have asked the media persons to follow ethical codes while reporting stories relating to people living with HIV/Aids to save them from being stigmatised.
City District Government Karachi is undertaking work on construction of underpasses at Petrol Pump Nazimabad, Liaquatabad No 10 and Gharibabad from March 4.
Sindh Assembly on Friday strongly condemned the publication of blasphemous cartoons in newspapers in Denmark and other European countries The Assembly, which met here at 10 am with Deputy Speaker Rahila Tiwana in the chair, unanimously passed resolution c
Two new lines of Lucky Cement one in Karachi and another in North Frontier West Province would likely to go online this month, each consisting of as much 4000 tons per day, said Abdur Razzak Thaplawala, executive director of the company.
Sindh Assembly members of the Muttahida Qaumi Movement (MQM) in their joint statement here on Friday said that the so-called political and religious parties were trying to get their political motives in the name of protests against blasphemy.
Sindh government has declined to establish a Regional Centralised Warehouse (RCW) for relief goods, lying in Karachi and the consignment coming from abroad in response to a request from the Federal Relief Commission (FRC) for setting up such facility.
Sindh government has declined to establish a Regional Centralised Warehouse (RCW) for relief goods, lying in Karachi and the consignment coming from abroad in response to a request from the Federal Relief Commission (FRC) for setting up such facility.
Sindh Home Minister Rauf Siddiqui on Friday announced prize money of Rs 5 million for the person, who would provide concrete evidence and assist arresting the culprits involved in March 02 bomb blast in Karachi.
A complete and peaceful strike was observed in the provincial metropolis against the publication of the blasphemous caricatures of the Holy Prophet Muhammad (PBUH) in the European newspapers.
Following intense negotiations that had been going on since US President George W Bush and Indian Prime Minister Manmohan Singh agreed last July to forge civil nuclear co-operation between their countries, the two leaders finally signed a deal in Delhi on
While the Opposition parties have continued to resort to protest rallies and marches over the cartoon issue, it is becoming more and more obvious that they want to use the issue to start an anti-government movement.
The importance of industry in a country is an accepted reality. When this sector suffers, the whole nation suffers. No nation, can ever think of progress and development without developing the industry. This sector can develop by hard work of the industri
Nuclear weapons and missile proliferation. Many policy analysts consider the apparent arms race between India and Pakistan as posing perhaps the most likely prospect for the future use of nuclear weapons by states. In May 1998, India conducted unannounced
Hundreds of Muslims pressed their way down the narrow street that leads to the Greek Orthodox church of Saint Perfilios in Gaza City, as the Islamic world raged over the cartoons of Prophet Mohammed. They poured into the small square off the street, where
When, a few years back, the French government had prevented the school going Muslim girls from wearing head-scarf, there were lot of protests by the Muslim living in French and other Muslim countries against the decision.
People from different religions have their own values and importance. How respectable a Prophet is, in the religion or you can say in the world, is not only related to the followers of the Prophet, either of Muslims or anyone else.
A pragmatic analysis had been projected in your editorial captioned "US policy towards Pakistan and India". It had been emphatically pointed out in the editorial that one thing that is in little doubt, though, is the level of interest that US has in stren
In a small, cold and decrepit apartment in central Athens, scores of Muslims trip over each other to find a space to pray as rain drips onto their heads from the leaky roof. The stairwell is in darkness and there is grime in every corner. But for these fa
Two alleged kidnappers were killed and two others arrested in an encounter with police and anti terrorist squad in Turbat on Friday. Two Iranian nationals Amir Bakhsh and Muhammad in collaboration with Noor Muhammad and Saeed kidnapped a noted businessman
A student in Peshawar has manufactured a robot car without driver. According to private TV, Inayatur Rehman has installed a computer in the car that controls the functions of the car. A mobile camera has also been installed in the car to keep the driver a
Pakistan Telecommunication Company Limited (PTCL)'s V-Wireless, the front-runner wireless service provider in the country, is now introducing 'V' voucher that invites all subscribers to easily recharge their V-connections.
The Chief Executive Officer (CEO) Telenor Cellular Company Tore Johnsen has said that the company was going to invest Rs 60 billion in Pakistan during next five years. Last year the company has invested an amount of Rs 18 billion, CEO told the senior mini
Silver futures seesawed but still flexed muscles near 22-year highs early Friday amid concern that the market was overbought after Thursday's surge above $10 an ounce, traders said.
Chicago Board of Trade soyabean futures were range-bound early on Friday after a choppy start, with little news to stir momentum in either direction, trades said. March soya was up 1/2 cent at $5.91-1/2 per bushel by 10:30 am (1630 GMT). May was 1/2 highe
US copper futures opened down but steadied at modestly lower levels Friday as an end to strikes at two massive Mexican copper mines seemed to be offset by a 29 percent drop in Shanghai copper stocks, sources said.
Corn futures at the Chicago Board of Trade were weak early on Friday on a setback from Thursday's fund-led rally, traders said. Bird flu concerns and abundant US corn stocks continue to act as an anchor on the market but there remained some underpinning f
Wheat futures at the Chicago Board of Trade were higher early on Friday as drought continued to threaten the US Plains winter wheat crop, traders said. "You can't sell it until it rains," a trader said, referring to the hesitancy to sell short the wheat f
Light fund buying boosted US cocoa futures on Friday, although balanced supply and demand prospects kept the benchmark price in a tight trading range for more than a week, market sources said.
Raw sugar futures settled Friday at a one-week high on commodity fund buying and analysts were mulling if another rally is in store for a market that recently hit a 25-year high, brokers said.
US benchmark coffee futures settled at a 3-week peak on Friday, fuelled by speculative buying and switch trading in an otherwise subdued session, market sources said.
Silver jumped to its highest for more than 22 years on Friday on hopes that a new investment instrument called an exchange-traded fund (ETF) will be approved and attract fresh money, dealers said.
Copper and aluminium failed to break above psychologically important levels by Friday's close on the London Metal Exchange, but traders saw potential for a push higher next week.
London white sugar futures closed higher on trade and speculative buying in light trade on Friday, traders said. Benchmark May futures settled up $10.70 or 2.5 percent at $448.00 per tonne, near the top of the day's range of $437.00 to $449.40 in volume o
Cotton futures crumbled from relentless speculative sales to end lower Friday although trade buying pared the losses and analysts said they were uncertain about the market's direction next week.
China is ready to sell an additional 1 million tonnes of raw sugar in several auctions over the year in an effort to cap rising domestic prices, government officials said on Friday.
Oil prices strengthened for the fourth straight day on Friday amid nagging concerns over supply from Nigeria and Iran, and as players eyed Opec ahead of the cartel's meeting next week.
The European Commission on Friday authorised the marketing of a new type of genetically modified (GMO) maize, known as pioneer line 1507, despite a deadlock among EU member states.
Zinc and aluminium were at parity on the London Metal Exchange on Thursday for the first time in over 13 years, with zinc more than 20 percent higher since the start of 2006, supported by runaway fundamentals.
UK stocks ended higher on Friday after a volatile day as investors cheered news that Vodafone's planned to quit Japan, and BT Group rose on bid talk. But the market was shaken by a revenue warning from chip maker Intel.
Seoul shares suffered their biggest fall in a month on Friday led by Samsung Electronics and other exporters on worries that an end to ultra-easy Japanese monetary policy would bolster the won currency and dent global investments.
Indian shares snapped a four-day record-setting rally on Friday after private sector lenders such as ICICI Bank and HDFC dropped following sharp gains in recent sessions.
US stocks edged lower on Friday as chip maker Intel Corp, a Dow industrials component, cut its revenue outlook and the 10-year Treasury note yield rose to its highest in nearly a year, adding to interest-rate worries.
Bonds from BT, Britain's dominant fixed-line telecoms company, diverged on Friday, as a report of take-over interest hammered some issues but boosted others that contain safeguards against a debt-heavy buyout.
Bonds from BT, Britain's dominant fixed-line telecoms company, diverged on Friday, as a report of take-over interest hammered some issues but boosted others that contain safeguards against a debt-heavy buyout.
The yen slipped from this week's one-month highs versus the dollar on Friday as investors locked in profits after upbeat price data cemented expectations for a near-term monetary policy shift in Japan.
Sterling rose a quarter percent against the euro on Friday after stronger than expected data on the UK services sector. The February service sector PMI gave a reading of 58.9, its strongest showing since April 2004 and up from 57.0 in January.
The Economic Co-ordination Committee of the Cabinet (ECC), which met under the chairmanship of Prime Minister Shaukat Aziz here on Friday, reviewed prices of essential commodities in the country and expressed satisfaction over their prices and availabilit
The Economic Co-ordination Committee of the Cabinet (ECC), which met under the chairmanship of Prime Minister Shaukat Aziz here on Friday, reviewed prices of essential commodities in the country and expressed satisfaction over their prices and availabilit
Global manufacturing and service sector activity grew at the fastest pace in 19 months in February, enabling companies to crank up staff levels, an indicator based on national PMI surveys showed on Friday.
US consumer sentiment in February finished weaker than January on worries about the economy, which could crimp future spending, a report showed on Friday.
The European Commission gave France a two-week ultimatum on Friday to explain events that may have broken EU law leading up to a state-engineered merger of Gaz de France and Suez to create a "national energy champion".
The Economic Co-ordination Committee of the Cabinet (ECC), which met under the chairmanship of Prime Minister Shaukat Aziz here on Friday, reviewed prices of essential commodities in the country and expressed satisfaction over their prices and availabilit