Swiss-based agrochemicals firm Syngenta has developed a variety of soyabeans resistant to destructive aphids and will make the product commercially available in 2009.
Oil prices pulled back from a record over $78 a barrel on Tuesday as international major BP studied ways to keep oil flowing from the largest oil field in the United States.
Palm oil prices are likely to remain supported at current high levels because of biofuel demand, Hamburg-based oilseeds analysts Oil World said on Tuesday.
Cotton futures ended lower Tuesday on thin trade sales a day after the market rallied to eight-week highs, and market sources said a lack of drive from funds should keep trading steady in coming sessions.
London benchmark white sugar futures closed lower on Tuesday on trade and speculative selling after hitting a 5-1/2-month low of $424.00 per tonne, traders said.
Copper futures ended lower on Tuesday as expectations of slower economic growth dominated sentiment, while the threat of supply shortages was mostly sidelined ahead of a decision by the US Federal Reserve.
Gold drifted lower on Tuesday ahead of the US Federal Open Market Committee meeting on interest rates, which may offer fresh leads for bullion traders. But a four-week war in the Middle East was likely to provide some support to the safe-haven metal, deal
US arabica coffee futures dipped, on Tuesday, settling on negative ground although speculative short-covering amid tight robusta supply helped the market recover from a much wider loss, traders said.
US front-month cocoa futures rose 1 percent to settle at a three-week high Tuesday, with follow-through speculative and fund buying extending the previous day's gain, traders said.
Raw sugar prices closed at their lowest this year after speculative sell-off, market sources said. New York Board of Trade's October raw sugar contract settled down 0.28 cent at 13.99 cents per lb after bottoming at 13.92 cents.
Soft red winter wheat futures at the Chicago Board of Trade were lower at midsession on Tuesday on speculative selling amid lacklustre domestic and export demand, traders said. "Harvest is going good, we've got a lot of stocks out there, and we just don't
Corn futures at the Chicago Board of Trade were lower early on Tuesday on a turn to cooler temperatures and showers in the US Midwest Corn Belt, traders said. The moderate weather will help put the finishing touches on the crop, which is entering its matu
Copper futures in New York traded on either side of unchanged in early business on Tuesday as prices held in a quiet ranges ahead of a US Federal Reserve decision on interest rates due out after the close of the copper market, sources said.
Soyabean futures at the Chicago Board of Trade were mixed early on Tuesday with the market languishing a bit amid a turn to good crop weather in the US Midwest, traders said.
COMEX gold futures trimmed declines but remained a tad weaker by midmorning on Tuesday, as investors tracked a softer oil market and got ready for a US decision on interest rates later in the day, dealers said.
Punjab Education Minister, Mian Imran Masood, has said that the government is working on a plan to have a uniform education policy in all the four provinces after identifying the grey areas so that the desired results could be achieved.
The construction work on Lahore Expo Centre would be completed till February 2007 so that the exhibition 'Expo 2007' could be held at this newly constructed centre. Punjab Minister for Industries, Commerce and Investment, Muhammad Ajmal Cheema stated this
There are huge reserves of salt in Punjab province, which would be more than sufficient in next five centuries and strategy had been evolved to enhance the income of department by exporting natural salt and salt made items to various countries.
Planning and Development Board Punjab (P&D) has given approval to the revised design and cost of the project of construction of J-head and a guide-head spur at river Chenab in district Multan at a cost of Rs 167.435 million.
It is to request you that I, Ali Asad s/o Anwar Sadiq played Under-19 World Cup this year in Sri Lanka and now I am playing for National Academy and Pakistan Under-19.
I go through your newspaper, Business Recorder, regularly as well watch your AAJ TV channel. No doubt my interest in your channel has started to increase. I find your channel a move towards democracy since I believe in this subject.
Through your esteemed newspaper I would like to recommend the CDGK to introduce boats and other related vehicles as their dedicated efforts have successfully converted the roads and lanes of the city into ponds and small lakes.
The Saudi government has imposed a ban on issuance of Umrah Visa to the persons below the age of 40. It is an unjustified and unfair impediment since every Muslim, regardless of his age, has an ambition to perform Haj or Umrah. It is a fundamental right o
According to reports by Suparco and the Economic Survey of Pakistan 2005-2006, air and water pollution levels in Karachi and Pakistani cities have crossed national and international environment quality standards and are the highest in the world and a seri
She has the look of someone completely lost, yet Hawra Hashem refuses to let go of the hope that her mother may still be alive under the debris. "Mother promised we would go for a picnic after the war, and when the bombs were falling she talked to us abou
It is impossible to speak of a Hizbollah victory' when nearly a thousand Lebanese civilians have been killed, thousands more injured, a million people internally displaced; and Lebanon's infrastructure, environment and economy laid to waste as the world w
It, indeed, is disheartening to learn from a Recorder Report that the water flow measurement controversy between Sindh and Balochistan remained unresolved as the representatives of both provinces boycotted the meeting convened by the Minister for Water an
Talking on Wednesday to the winners of an All Pakistan Website Development Competition centred on the theme "Know My Pakistan", President General Pervez Musharraf made two important observations, One was that we "must enhance the quality of our human reso
Mobilink, has creatively revived the all-time classic song of legendary maestro Mehdi Hasan 'Yeh Watan Tumhara Hai' as part of Pakistan's 59 Independence Day celebrations. The re-energised video of the memorable song captures the true essence of unity and
The 70th meeting of Quaid-e-Azam Mazar Management Board was held under the chairmanship of Makhdoom Faisal Saleh Hayat, Federal Minister for Environment/Chairman QMMB on Tuesday. The federal minister reviewed the overall performance of QMMB at the meeting
Samsung Electronics Pakistan in exclusive collaboration with Playdium.Net has sponsored World Cyber Games (WCG) for the second time for Professional E-sports Gaming in Pakistan.
Sindh Inspector General of Police (IGP) Jehangir Mirza has directed the Capital City Police Officer to make fool-proof security arrangements regarding the ITCN Asia - 2006 to be held at Karcahi Expo Centre from August 9.
Ijara Financing has awarded the Economist of Achievement Award, 2006, to Dr Mirza Ikhtair Baig, Chairman Baig Group of Companies and Honorary Consul General of Yemen in Karachi to acknowledge his contribution to the national and international economic pol
To highlight the image of women in the country's development efforts, a 'Women's Expo' will be held in Lahore from September 8 to 10, 2006 by 'Fourth Dimension Pvt Ltd' in collaboration with government, non-government organisations (NGOs), and corporate a
Emirates SkyCargo created a buzz in the local air freight industry when it carried a 14.5 tonne on its Boeing 747-F freighter. The assignment ran into problems and the unit could not be accommodated. Emirates SkyCargo was called to handle the assignment a
Islam not only prohibits and strongly condemns usury (Riba) but indulgence in interest based lending is paramount to declaration of war against Allah and Prophet (PBUH).
The Executive Committee of the Surgical Instrument Manufacturers Association of Pakistan, Sialkot (Simap), has expressed deep concern over the fact that the surgical industry is being overlooked completely by Government.
City Nazim, Syed Mustafa Kamal on Tuesday said that steps were being taken for draining out rainwater on permanent basis from Bath Island, Teen Talwar roundabout and adjoining areas.
Provincial Minister for Housing and Urban Development, Syed Raza Ali Gillani has said that over 260,000 housing units are needed in the province and the government is not only utilising all available resources but also providing necessary facilities to th
A delegation of prominent Pakistani writers held here meeting with the members of Chinese Writers' Association (CWA) and expressed the hope that the two brotherly countries would further strengthen co-operative partnership, taking benefits of their past h
An accused arrested for keeping drugs died in police custody at the Mominabad police station late on Monday night. Nisar Ahmad, 35, was arrested on Sunday from Haryana Colony of Orangi Township and was to be produced in the court on Tuesday morning and wa
Senate Chairman Mohammedmian Soomro on Tuesday condoled with Amir Jamiat-e-Ulema-e-Islam and National Assembly member(MNA) Maulana Muhammad Khan Sherani over the death of his mother.
Dynamism of Chief Minister, Chaudhry Pervaiz Elahi coupled with the vision of President Pervez Musharraf and policies of Prime Minister, Shaukat Aziz have made Punjab a model welfare province.
Punjab Chief Secretary, Salman Siddique has said that Punjab was moving ahead economically because of its fiscal discipline. He was talking to the Principal Officer of the American Consulate, Bryan D. Hunt who called on him, here on Tuesday, disclosed an
Punjab Chief Minister, Chaudhry Pervaiz Elahi has said that Punjab Institute of Language, Art and Culture was playing an important role in the promotion of Punjabi language and spreading the message of love and peace of Sufi-poets in the society
Sindh Inter-Provincial Co-ordination Minister Dr Sohrab Khan Sarki has expressed faith in the leadership of President General Pervez Musharraf, and said Pakistan Muslim League-Q will win the next elections with a clear majority.
The two-day training workshop for police officers jointly sponsored by the Citizen Police Liaison Committee (CPLC) and National Council for Human Rights (NCHR) concluded on Monday.
The National Bank of Pakistan has started receiving application for regular Haj scheme 2006. Talking to newsmen, NBP regional business chief, Muhammad Aslam Mirza said the bank had taken measures to facilitate the intending pilgrims. He said the NBP branc
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).
The Rawalpindi Chamber of Commerce and Industry (RCCI) will hold elections for its 11 Executive Committee seats in mid of September. The RCCI Public Relations Officer (PRO), Qaiser Satti told APP here that those eleven executive committee members, includi
Ruling Pakistan Muslim League is divided into three factions over the issue of bringing no-confidence motion against pro-PPP District Nazim, Abdul Qayyum Jatoi and nomination of a new district nazim for Muzaffargarh.
A delegation of All Pakistan Power Looms Association (Appla) will soon call on Dr Salman Shah, Adviser to the Prime Minister, to present the grievances faced by the power loom sector.
Infrastructure Development Companies (IDCs) have been formed in four industrial areas in Korangi, Landhi, Federal 'B'Area, and North Karachi Industrial Estates under section 42 of Companies Ordinance 1984 to undertake orderly, planned and rapid industrial
The situation arising after recent rains in Karachi and other parts of the province and the steps to be taken in the wake of possible flood threat were reviewed at a high level meeting held at Governor House on Monday with Governor Ishrat-ul-Ibad in the c
As many as three Chinese companies are due to arrive here next month to start work on coal exploration and setting up of 200MW coal-fired power plants at Thar and Sonda-Jherruk, Thatta district in Sindh.
The National Institute of Population Studies (NIPS) will launch 'Pakistan Demographic and Health Survey' (PDHS) 2006-07. Population Welfare Minister Shahbaz Hussain will inaugurate the launching ceremony on Wednesday, sources told Business Recorder </i
The United States and Pakistan signed dollar 41.8 million agreement to fund critical health programmes to improve the lives and well being of the Pakistani people over the coming year.
Rawal Town District Assembly on Monday approved Rs 33.966 million annual development programme (ADP) for 2006-07 and Rs 50.179 million Chief Minister Development Package.
Pakistan is facing challenge in bringing the marginalised people and backward regions into main stream of development. This challenge will be addressed in PRSP-II, which has started a dialogue process with the poor, development partners, provincial govern
The largest proportion of Poverty Reduction Strategy Paper (PRSP) expenditures was made by Punjab (34.5 percent), followed by Federal Government (28.4 percent), Sindh (17.5 percent), NWFP (13.5 percent) and Balochistan (6.1 percent) during Q3 FY06.
The country's PC/server shipments have declined by at least 25 percent in the month of July as compared to previous month due to the 15 percent GST imposed in the federal budget 2006.
Firm trend was witnessed in the interbank market on Tuesday as the rupee-dollar parity rates were mostly unchanged at 60.30 and 60.31 for buying and selling, respectively.
Peshawar Electricity Supply Company (Pesco) has restored 95 percent electricity supply in the flood-hit Mardan city. The company has sustained millions of rupees loss in the affected area and about 100 transformers, more than 200 poles and hundreds of kil
Firm trend was witnessed in the interbank market on Tuesday as the rupee-dollar parity rates were mostly unchanged at 60.30 and 60.31 for buying and selling, respectively.
The World Bank's lending commitment to South Asian region reached $3.8 billion during the financial year 2006 ended on June. Pakistan was among the 10 major borrowers of the Bank, receiving $1.498 billion or 6.3 percent share of total $23.6 billion commit
The 3rd Quarterly Report of current year 2005-06, has been downloaded from its active website. So the review starts from the nine months cumulative financial and operating results.
Meteorological Department Director Chaudhry Qamar-u-Zaman on Tuesday forecast more rainfall during next 10 days throughout the country. Talking with private TV channel, he said in next three days more rain is expected in Sindh and Balochistan provinces.
The 3rd Quarterly Report of current year 2005-06, has been downloaded from its active website. So the review starts from the nine months cumulative financial and operating results.
Torrential floods has washed away more than 300 houses claiming three deaths and destroyed standing crops inflicting millions of rupees loss in different parts of Malakand Agency.
Export Promotion Bureau has received the following International Tenders from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details of Tenders from the addresses given or from EPB Head Quarters and its Region
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
The government has evolved an affective export strategy to boost up country's exports concentrating on new areas of production besides adopting new initiatives and exploiting the advantages created due to ending of quota system.
The first meeting of the newly appointed members of the Pakistan Electronic Media Regulatory Authority (Pemra) was held at their headquarters here on Tuesday. The new authority members have recently been appointed for a term of four years.
Federal Health Minister Muhammad Naseer Khan said on Tuesday the government had prepared a comprehensive programme to eradicate blindness as every individual had the right to sight. Inaugurating the Opthamology Department at the Pakistan Institute of Medi