Security forces on Thursday shot dead a militant named by officials as an al Qaeda member believed to have escaped a US air strike in January. Officials, speaking on condition of anonymity, said the dead man was Abu Marwan, a Saudi Arabian.
Security forces on Thursday shot dead a militant named by officials as an al Qaeda member believed to have escaped a US air strike in January. Officials, speaking on condition of anonymity, said the dead man was Abu Marwan, a Saudi Arabian.
The bird flu virus seems to has gone out of control as the government has confirmed outbreak of another highly pathogenic H5N1 strain at two farms in Tarlai, a rural area of the federal capital.
The bird flu virus seems to has gone out of control as the government has confirmed outbreak of another highly pathogenic H5N1 strain at two farms in Tarlai, a rural area of the federal capital.
Second phase of the Pakistan International Container Terminal (PICT) would be completed in June this year at a cost of $17 million. After its completion, the terminal would handle about 400,000 Twenty Equivalent Units (TEUs) annually.
Second phase of the Pakistan International Container Terminal (PICT) would be completed in June this year at a cost of $17 million. After its completion, the terminal would handle about 400,000 Twenty Equivalent Units (TEUs) annually.
Second phase of the Pakistan International Container Terminal (PICT) would be completed in June this year at a cost of $17 million. After its completion, the terminal would handle about 400,000 Twenty Equivalent Units (TEUs) annually.
OGDCL Board Chairman Arshad Nasar has also assumed the charge of managing director/chief executive, OGDCL from April 20. Arshad Nasar is an experienced professional and a leading figure of petroleum industry. He has the honour of becoming the first Pakist
Lieutenant General Sabahat Hussain has taken over as new Chairman of the Pakistan Ordnance Factories (POF) Wah here. He is 15th Chairman of the POF Board. Earlier, General Sabahat had been serving as Corps Commander Multan.
The Pakistan Petroleum Dealers Association on Thursday demanded of the government to increase 'dealers margin' from 4 percent to 5 percent as there is no change in fixed cost.
Prime Minister Shaukat Aziz on Thursday announced Rs 250 millions developmental package for the provincial metropolis. The amount would be spent on supplying gas and electricity to the residents of the city suburbs.
Prime Minister Shaukat Aziz on Thursday announced Rs 250 millions developmental package for the provincial metropolis. The amount would be spent on supplying gas and electricity to the residents of the city suburbs.
Prime Minister Shaukat Aziz on Thursday announced Rs 250 millions developmental package for the provincial metropolis. The amount would be spent on supplying gas and electricity to the residents of the city suburbs.
World Bank President Paul Wolfowitz has appointed two men, including a former finance minister of El Salvador, to be his top deputies, according to a notice circulated to the bank's board of directors.
Southwest Airlines Co and Continental Airlines on Thursday both reported double-digit quarterly revenue gains as planes flew full of passengers paying higher fares.
Southwest Airlines Co and Continental Airlines on Thursday both reported double-digit quarterly revenue gains as planes flew full of passengers paying higher fares.
Microsoft and its critics agree that the future of innovation is at stake when the US software giant challenges a landmark 2004 antitrust ruling next week before the European Union's second highest court.
Vivendi on Thursday posted a forecast-beating 5.7 percent rise in first-quarter sales, invigorated by strong performances by music artists such as Prince and online role-playing game World of Warcraft.
Vivendi on Thursday posted a forecast-beating 5.7 percent rise in first-quarter sales, invigorated by strong performances by music artists such as Prince and online role-playing game World of Warcraft.
At least 51 people were killed on Thursday when a bus carrying a wedding party skidded off the road and slid into a pond in India's north-east, police said.
Bears dominated the proceedings on the Islamabad Stock Exchange (ISE) where equities failed to show recovery signs amid decrease in index. ISE Ten Index was minus by 12 points as the Ten Index moved from 3,444.25 to 3,432.25 points.
Bears dominated the proceedings on the Islamabad Stock Exchange (ISE) where equities failed to show recovery signs amid decrease in index. ISE Ten Index was minus by 12 points as the Ten Index moved from 3,444.25 to 3,432.25 points.
Activity remained very slow on Lahore Stock Exchange (LSE), seemingly due to lacking interest on the part of potential players, especially from the institutions which resulted in lacklustre.
Activity remained very slow on Lahore Stock Exchange (LSE), seemingly due to lacking interest on the part of potential players, especially from the institutions which resulted in lacklustre.
India and Pakistan on Thursday agreed not to levy import duties of more than 5 percent on products traded within the South Asia Free Trade Area (Safta).
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
India and Pakistan on Thursday agreed not to levy import duties of more than 5 percent on products traded within the South Asia Free Trade Area (Safta).
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
India and Pakistan on Thursday agreed not to levy import duties of more than 5 percent on products traded within the South Asia Free Trade Area (Safta).
The federal government has appointed former Justice S. Ali Aslam Jafri as Federal Insurance Ombudsman (FIO) for a four-year term, with office at Karachi, an official announcement said.
The federal government has appointed former Justice S. Ali Aslam Jafri as Federal Insurance Ombudsman (FIO) for a four-year term, with office at Karachi, an official announcement said.
The period mentioned in a report titled "FNE posts tremendous growth in first quarter" should have been the third quarter ended on March 31, instead of first quarter inadvertently published in Business Recorder on April 20, 2006.
The federal government has appointed former Justice S. Ali Aslam Jafri as Federal Insurance Ombudsman (FIO) for a four-year term, with office at Karachi, an official announcement said.
The period mentioned in a report titled "FNE posts tremendous growth in first quarter" should have been the third quarter ended on March 31, instead of first quarter inadvertently published in Business Recorder on April 20, 2006.
BRIndex30 saw a gain of 63.69 or 0.48 percent with a high of 13,373.90 and a low of 13,201.74 before closing at 13,254.23. The volume amounted to 253,130,200, which is 83.64 percent of the total market and 93.50 percent of KSE-100 index.
Inflation in the eurozone eased as expected in March as energy prices grew at a slower annual pace, data showed on Thursday, but economists still expect the European Central Bank to raise rates in June.
BRIndex30 saw a gain of 63.69 or 0.48 percent with a high of 13,373.90 and a low of 13,201.74 before closing at 13,254.23. The volume amounted to 253,130,200, which is 83.64 percent of the total market and 93.50 percent of KSE-100 index.
British inflation eased to the slowest pace in over a year in March, but the fall is unlikely to persuade the Bank of England to veer from its steady course on interest rates amid soaring utility bills and oil prices.
Balances in Special Convertible Rupee Accounts (SCRAs) dipped to 3-month low at $374 million as on April 18. This was revealed in the latest up-date of economic data.
Sony Corp on Thursday said it cut the US price of its popular PlayStation 2 video game console by about 13 percent, saying the discount should help fuel demand.
Balances in Special Convertible Rupee Accounts (SCRAs) dipped to 3-month low at $374 million as on April 18. This was revealed in the latest up-date of economic data.
Intel Corp on Wednesday posted a 38 percent fall in quarterly profit and cut its annual revenue forecast, but said it had stopped losing market share to rival Advanced Micro Devices Inc.
Balances in Special Convertible Rupee Accounts (SCRAs) dipped to 3-month low at $374 million as on April 18. This was revealed in the latest up-date of economic data.
Intel Corp on Wednesday posted a 38 percent fall in quarterly profit and cut its annual revenue forecast, but said it had stopped losing market share to rival Advanced Micro Devices Inc.
After two days of consecutive negative closing, the KSE-100 Index on Thursday managed to post fresh gains due to splendid performance in the banking sector.
Mobile phone giant Nokia reported January-March earnings and sales above expectations on Thursday, boosted by strong demand for handsets around the world, sending its shares sharply higher.
After two days of consecutive negative closing, the KSE-100 Index on Thursday managed to post fresh gains due to splendid performance in the banking sector.
Mobile phone giant Nokia reported January-March earnings and sales above expectations on Thursday, boosted by strong demand for handsets around the world, sending its shares sharply higher.
After two days of consecutive negative closing, the KSE-100 Index on Thursday managed to post fresh gains due to splendid performance in the banking sector.
General Motors Corp on Thursday posted its sixth straight quarterly loss as it took more than $1 billion in restructuring-related charges, but the company's stock shot higher as investors reacted to signs the automaker's turnaround was gaining traction.
Adviser to the Prime Minister on Finance and Economic Affairs Dr Salman Shah will lead a high powered Pakistan delegation in important annual World Bank/IMF spring meetings here on April 22-23.
General Motors Corp on Thursday posted its sixth straight quarterly loss as it took more than $1 billion in restructuring-related charges, but the company's stock shot higher as investors reacted to signs the automaker's turnaround was gaining traction.
Adviser to the Prime Minister on Finance and Economic Affairs Dr Salman Shah will lead a high powered Pakistan delegation in important annual World Bank/IMF spring meetings here on April 22-23.
International Monetary Fund chief Rodrigo Rato said on Thursday he will this weekend propose adhoc increases in the quotas paid to the IMF by some emerging economic powers, changes that will help boost voting rights of these countries at the Fund.
Adviser to the Prime Minister on Finance and Economic Affairs Dr Salman Shah will lead a high powered Pakistan delegation in important annual World Bank/IMF spring meetings here on April 22-23.
New York tops the rankings as one of the world's big financial centres, but now London, with free-wheeling and open markets, could upstage the United States, where stiff regulation has given foreign investors cold feet.
The steel industry has proposed imposition of fixed sales tax on the import of scrap, billet and bars. The proposed sale tax rates are Rs 1,500 on scrap, Rs 3,000 on billet and Rs 4,500 on bars.
China's annual economic growth picked up to 10.2 percent in the first quarter, strengthening the case for measures to prevent overheating, possibly including a quicker rise in the yuan.
The steel industry has proposed imposition of fixed sales tax on the import of scrap, billet and bars. The proposed sale tax rates are Rs 1,500 on scrap, Rs 3,000 on billet and Rs 4,500 on bars.
The European Union on Thursday all but admitted that global trade negotiations would not meet an end-April deadline for a key deal as trade diplomats tried to soften the blow of their latest failure.
The steel industry has proposed imposition of fixed sales tax on the import of scrap, billet and bars. The proposed sale tax rates are Rs 1,500 on scrap, Rs 3,000 on billet and Rs 4,500 on bars.
Russia's government on Thursday approved a 3-year state borrowing programme for 2007-2009, which sees a larger share of domestic debt in Russia's portfolio.
Net government borrowings during the week ended April 1 squeezed to Rs 43 billion from Rs 128 billion the previous week while private sector borrowings surged to Rs 353 billion from Rs 340 billion a week ago. This was revealed by the SBP update of the mon
British Airways (BA) slashed fares by up to 50 percent to more than 65 European destinations on Thursday, stepping up its battle with budget carriers such as Ryanair.
Net government borrowings during the week ended April 1 squeezed to Rs 43 billion from Rs 128 billion the previous week while private sector borrowings surged to Rs 353 billion from Rs 340 billion a week ago. This was revealed by the SBP update of the mon
A measure of US economic activity slipped for a second straight month in March, hinting at slower growth through the summer, although separate figures on Thursday pointed to continued strength in the labour market.
Net government borrowings during the week ended April 1 squeezed to Rs 43 billion from Rs 128 billion the previous week while private sector borrowings surged to Rs 353 billion from Rs 340 billion a week ago. This was revealed by the SBP update of the mon
Morocco's state grain agency ONICL said on Thursday it awarded licences to import 95,000 tonnes of European Union milling wheat. ONICL's tender had closed on Tuesday for bids for licences to import 115,000 tonnes of milling wheat.
Militants ambushed a convoy of troops on Thursday, killing seven and wounding 22 in the deadliest attack for months in North Waziristan, officials said.