The news of some oil and gas reserves discovery and a positive response on GDRs of OGDCL in international market triggered a rally on the stock market on Wednesday, as a result of which the benchmark KSE-100 index sailed through the 10700 level.
The news of some oil and gas reserves discovery and a positive response on GDRs of OGDCL in international market triggered a rally on the stock market on Wednesday, as a result of which the benchmark KSE-100 index sailed through the 10700 level.
The BRIndex30 opened at 11,325.41 on Wednesday, with a negative gap of 87.18 points and closed at 11,496.21, with a positive change of 83.62 points, or 0.73 percent. It saw intra-day high of 11,496.70 and low of 11,324.10.
The BRIndex30 opened at 11,325.41 on Wednesday, with a negative gap of 87.18 points and closed at 11,496.21, with a positive change of 83.62 points, or 0.73 percent. It saw intra-day high of 11,496.70 and low of 11,324.10.
Overseas bribery by companies from the world's export giants is still common, and according to Transparency International 2006 Bribery Payers Index (BPI) survey, India has ranked the most corrupt country in the world.
Overseas bribery by companies from the world's export giants is still common, and according to Transparency International 2006 Bribery Payers Index (BPI) survey, India has ranked the most corrupt country in the world.
Overseas bribery by companies from the world''s export giants is still common, and according to Transparency International 2006 Bribery Payers Index (BPI) survey, India has ranked the most corrupt country in the world.
The Federal Cabinet, in its meeting on Wednesday, presided over by Prime Minister Shaukat Aziz, approved the recommendations of the ministerial committee to maintain the five million tonnes wheat procurement target for 2007, and lifting, in principle, of
The Federal Cabinet, in its meeting on Wednesday, presided over by Prime Minister Shaukat Aziz, approved the recommendations of the ministerial committee to maintain the five million tonnes wheat procurement target for 2007, and lifting, in principle, of
The Federal Cabinet, in its meeting on Wednesday, presided over by Prime Minister Shaukat Aziz, approved the recommendations of the ministerial committee to maintain the five million tonnes wheat procurement target for 2007, and lifting, in principle, of
President General Pervez Musharraf said Pakistan has a booming market for telecom industry and there is great scope for investment in this field. He was talking to a delegation of Telenor Mobile Company led by its President and CEO Jon Fredrik Baksaas who
President General Pervez Musharraf said Pakistan has a booming market for telecom industry and there is great scope for investment in this field. He was talking to a delegation of Telenor Mobile Company led by its President and CEO Jon Fredrik Baksaas who
President General Pervez Musharraf said Pakistan has a booming market for telecom industry and there is great scope for investment in this field. He was talking to a delegation of Telenor Mobile Company led by its President and CEO Jon Fredrik Baksaas who
Led by major banks and key petroleum scrips, the local share market moved up on Wednesday, mainly on account of late buying, enabling the index to gain 100 points, amid trimming in volume of transactions.
Led by major banks and key petroleum scrips, the local share market moved up on Wednesday, mainly on account of late buying, enabling the index to gain 100 points, amid trimming in volume of transactions.
Equities witnessed broad-based recovery at the Islamabad Stock Exchange (ISE) where bulls dominated the proceedings amid increase in index. ISE Ten index was plus by 64.67 points, as the index moved from 2,613.33 to 2,678.00 points.
Equities witnessed broad-based recovery at the Islamabad Stock Exchange (ISE) where bulls dominated the proceedings amid increase in index. ISE Ten index was plus by 64.67 points, as the index moved from 2,613.33 to 2,678.00 points.
Antique equipment, administrative mess and discord among civilian and military services threaten flight safety, Russia's chief air traffic controller said on Tuesday presenting a plan to reform the ailing sector.
The leader of Britain's opposition Conservatives set his new, centrist stamp on the party on Wednesday but said it would take hard work to end nine years of rule by Tony Blair's Labour Party.
The Auditor General of Pakistan has pointed out financial irregularities by the management of Comsats Institute of Information Technology (CIIT). The audit report points out that the CIIT management is under the administrative control of the Higher Educat
The Auditor General of Pakistan has pointed out financial irregularities by the management of Comsats Institute of Information Technology (CIIT). The audit report points out that the CIIT management is under the administrative control of the Higher Educat
Subject to the approval of the Scheme of Amalgamation, the operations of Union Bank Limited and Standard Chartered Bank (Pakistan) Branches will be merged into Standard Chartered Bank (Pakistan) Limited.
The Auditor General of Pakistan has pointed out financial irregularities by the management of Comsats Institute of Information Technology (CIIT). The audit report points out that the CIIT management is under the administrative control of the Higher Educat
Subject to the approval of the Scheme of Amalgamation, the operations of Union Bank Limited and Standard Chartered Bank (Pakistan) Branches will be merged into Standard Chartered Bank (Pakistan) Limited.
Singapore re-emerged as lead investor as non-residents' Special Convertible Rupee Accounts (SCRAs) rose by over $63 million in one day to $171 million on October 3. Singapore alone brought in over $50 million on October 3, its balances under SCRAs rising
The rupee surrendered its overnight gains in the open market on Wednesday as it shed three paisa versus the dollar for buying and selling at 60.58 and 60.63, dealers said.
Singapore re-emerged as lead investor as non-residents' Special Convertible Rupee Accounts (SCRAs) rose by over $63 million in one day to $171 million on October 3. Singapore alone brought in over $50 million on October 3, its balances under SCRAs rising
The rupee surrendered its overnight gains in the open market on Wednesday as it shed three paisa versus the dollar for buying and selling at 60.58 and 60.63, dealers said.
Singapore re-emerged as lead investor as non-residents'' Special Convertible Rupee Accounts (SCRAs) rose by over $63 million in one day to $171 million on October 3. Singapore alone brought in over $50 million on October 3, its balances under SCRAs rising
State Bank of Pakistan (SBP) will introduce new currency notes in the denominations of 100 and 500 in the forthcoming month. Talking to private TV channel, States Bank's spokesman, Waseemuddin said that the central bank, in accordance with the government'
Importers of palm oil and products have stopped placing orders for import as world prices have declined significantly and the importers see further cut in the coming days, trade sources told Business Recorder on Wednesday.
Pakistan has to prove it is sincere about working with India to counter terrorism, Prime Minister Manmohan Singh said after police accused Islamabad of plotting blasts that killed 186 people in Mumbai. "Pakistan will have to walk the talk," to back up its
Pakistan has to prove it is sincere about working with India to counter terrorism, Prime Minister Manmohan Singh said after police accused Islamabad of plotting blasts that killed 186 people in Mumbai. "Pakistan will have to walk the talk," to back up its
Population Census Organisation, Ministry of Economic Affairs and Statistics Division has prepared a data on some important population and housing characteristics of union councils Punjab to meet the requirement of the Local Government Departments as well
Punjab Agriculture Minister, Arshad Khan Lodhi has ordered the suspension of four pesticide inspectors of extension and pest warning wing for failing to take immediate action against an Egyptian company involved in preparation of spurious and expired pest
The international aid agency - Oxfam International - feared on Wednesday that more than 1.8 million earthquake survivors would spend the second shivering winter in makeshift shelters.
The international aid agency - Oxfam International - feared on Wednesday that more than 1.8 million earthquake survivors would spend the second shivering winter in makeshift shelters.
A Pakistan Cotton Ginners Association (PCGA) delegation, led by its chairman, Suhail Harral, will meet Trading Corporation of Pakistan (TCP) chief on October 6, to sort out outstanding payments of differential on 45,000 bales cotton sold two years back.
A Pakistan Cotton Ginners Association (PCGA) delegation, led by its chairman, Suhail Harral, will meet Trading Corporation of Pakistan (TCP) chief on October 6, to sort out outstanding payments of differential on 45,000 bales cotton sold two years back.
A Pakistan Cotton Ginners Association (PCGA) delegation, led by its chairman, Suhail Harral, will meet Trading Corporation of Pakistan (TCP) chief on October 6, to sort out outstanding payments of differential on 45,000 bales cotton sold two years back.
Secretary Internal Resources Division and Chairman National Board of Revenue (NBR), Bangladesh, Muhammad Abdul Karim has appreciated the revenue administration reforms measures of Central Board of Revenue (CBR), and said his country would learn and benefi
The Institution of Electrical & Electronic Engineers Pakistan (IEEEP) has asked National Electric Power Regulatory Authority (Nepra) to devise regulatory mechanism and performance criteria to check the affairs of Karachi Electric Supply Corporation (KESC)
Federal Minister for Information and Broadcasting, Muhammad Ali Durrani has termed the President's US visit very successful. In an interview with a private TV Channel.
Punjab Assembly that commenced its proceedings on Wednesday, was immediately adjourned by the Speaker due to demise of Member Provincial Assembly Zahur Ahmad Daha.
Pakistan Pulp Paper and Board Mills Association has urged the Chief Minister Punjab to ensure usage of balers with combine harvesters to overcome shortfall of wheat straw the price of which has been risen from Rs 1 to Rs 4 per kilogram during the last thr
Lieutenant General Tariq Majid, Chief of General Staff at the General Headquarters has been posted Corps Commander Rawalpindi Corps, while Lieutenant General Salahuddin, Corps Commander Rawalpindi has been posted Chief of General Staff at the General Head
Northern Irrigation Circle, Mardan, would spend an amount of Rs 217 million on improvement and reformation of canal system that included construction and repair of canal patrol roads, bridges, protection walls and restoration of drainage system.
Pakistan Squash Federation (PSF) on Tuesday plunged into severe crisis as players declined to join camps under the supervision of former World Champion and legendary Jansher Khan.
NWFP Health Department has constituted Provincial Advocacy Committee for Provincial AIDS Control Programme with MPA Qazi Asad as chairman and MPA Mian Nisar Gul as co-chairman. The committee comprises members from religious leaders, media-men, NGOs and op
The Prime Minister Shaukat Aziz in his capacity as Chairman Azad Jammu and Kashmir Council (AJKC) would chair 39th session (Budget Session 2006-07) of the Council on Thursday at 11:30 am in the Prime Minister's House.
Keeping in view the increase in accidents in houses due to electrocution the Peshawar Electricity Supply Company (Pesco) Wednesday urged the people to adopt all precautionary measures for their safety in order to avoid electrical accidents and shocks.
NWFP government has decided to observe 'Youm-e-Istiqamat' (Solidarity Day) on October 8, 2006, in memory of those who lost their lives in last year's earthquake. There will be sounding of siren for one minute from 8:49 am to 8:50 am, to be followed by one
Pakistan People's Party Parliamentarians (PPPP) Information Secretary Sherry Rehman on Wednesday expressed outrage at the unearthing of yet another scandal involving the Industrial Development Bank of Pakistan (IDBP) and influential names from the governm
Pakistan called for a peaceful resolution of the Kashmir dispute, while pointing out that the United Nations Security Council recognised the Kashmiri people's right to self-determination.
Pakistan and China held third round of Consultations on Arms Control and Disarmament issues at the Ministry of Foreign Affairs on Monday. The Chinese delegation was led by Zhang Yan, director general, Arms Control and Disarmament, Ministry of Foreign Affa
Lieutenant General Tariq Majid, Chief of General Staff at the General Headquarters has been posted Corps Commander Rawalpindi Corps, while Lieutenant General Salahuddin, Corps Commander Rawalpindi has been posted Chief of General Staff at the General Head
Pak-Kuwait Takaful Co Ltd (PKTCL), Pakistan's first Shariah compliant insurance provider has entered into an agreement with Polani's International Pvt Ltd, by virtue of which Polani's will be exclusively promoting sales of PKTCL's Umrah and Haj Travel Tak
The appointment of more than 750 teachers and about the same number of doctors in the Sindh government has once again been deferred for another three months as the chief minister and the respective ministers could not reach a consensus formula for appoint
The Sindh Home Advisor Waseem Akhtar is holding an Iftar-dinner today (Thursday) at the Lawns near Pak-Tower in Clifton for the press and electronic media representatives reports UPP correspondent.
Sindh Minister for Industries, Transport and Labour, Muhammad Adil Siddiqui has said that a government team will start inspections of industrial units after Eid to ensure safety equipment within the units.
Some unidentified thieves barged into the offices of two brokerages houses on the 5th floor of Karachi Stock Exchange (KSE) building and looted cash and important documents here on Tuesday evening.
Political pressure and lack of enforcement staff are the main hurdles in implementation of the building code for new construction in the Rawalpindi district.
NWFP Chief Minister Akram Khan Durrani said here on Wednesday that the provincial government was committed to promotion of Islamic banking, and added that the Bank of Khyber (BoK) was playing a key role in this regard.