Yousaf Memon, Additional Secretary, Ministry of Water and Power, will take additional charge of Managing Director, Private Power Infrastructure Board (PPIB), in the second week of July, it is learnt reliably. The incumbent Managing Director, Khalid Irfan
The name Azgard-9 baffles but clarifies on the company website that the name is full of significance. In the ancient Legend "Azgard" was one of Nine worlds in Norsey mythology.
Yousaf Memon, Additional Secretary, Ministry of Water and Power, will take additional charge of Managing Director, Private Power Infrastructure Board (PPIB), in the second week of July, it is learnt reliably. The incumbent Managing Director, Khalid Irfan
The name Azgard-9 baffles but clarifies on the company website that the name is full of significance. In the ancient Legend "Azgard" was one of Nine worlds in Norsey mythology.
The SPI-based inflation was up 7.65 percent at the closing week of financial year 2006-07 against the same period of last year affecting the lower income group. According to statistics released by the Federal Board of Statistic for the week ending June 28
The SPI-based inflation was up 7.65 percent at the closing week of financial year 2006-07 against the same period of last year affecting the lower income group. According to statistics released by the Federal Board of Statistic for the week ending June 28
The SPI-based inflation was up 7.65 percent at the closing week of financial year 2006-07 against the same period of last year affecting the lower income group. According to statistics released by the Federal Board of Statistic for the week ending June 28
Seven Spanish tourists and two Yemeni drivers were killed on Monday when a suicide bomber rammed his explosives-laden car into their convoy at an ancient temple in Yemen on Monday, officials said. The interior ministry said the bombing in the restive nort
: Pakistani industry is paying a heavy price for non-compliance of standards and certification culture. Abdul Ghaffar Soomro, Director General, Pakistan Standards and Quality Control Authority (PSQCA) highlighted this situation before the sub-committee me
Angola's civil aviation authority has rescinded British Airways' permit to fly into the African nation, prompting talks between the British and Angolan governments, a spokesman for the airline said on Monday.
Inflation in Egypt declined to 10 percent in the year to May 2007 from 11.7 percent in the year to April, a monthly government report on economic indicators showed on Monday. The month-to-month rate slid to -0.2 percent in May from 0.4 percent in April.
Venezuela's consumer prices rose by a greater-than-expected 1.8 percent in June, accelerating from a 1.7 percent rise in May as strong public spending and oil income spur the highest inflation in Latin America.
India's trade deficit grew by 45 percent in May to 6.21 billion dollars compared with last year as imports leapt thanks to a rapidly growing economy, according to data released on Monday. The deficit, which was swelled by non-oil goods, was up from 4.26 b
Bulls returned in the driving seat at the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE-10 Index showed an increase of 45.76 points as the index moved
Bulls returned in the driving seat at the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE-10 Index showed an increase of 45.76 points as the index moved
Share prices staged a sharp rally on the Lahore Stock Exchange (LSE) on Monday, with oil and gas sector, refineries and telecom stocks remaining in the forefront, resultantly, the market ended with a substantial gain of 1.30 percent.
Share prices staged a sharp rally on the Lahore Stock Exchange (LSE) on Monday, with oil and gas sector, refineries and telecom stocks remaining in the forefront, resultantly, the market ended with a substantial gain of 1.30 percent.
The NWFP legislature on Monday unanimously adopted a private members bill prohibiting interest on private loans in the province under which no individual would be allowed to lend money on interest. The bill was moved by JUI-S member Ikramullah Shahid.
The NWFP legislature on Monday unanimously adopted a private members bill prohibiting interest on private loans in the province under which no individual would be allowed to lend money on interest. The bill was moved by JUI-S member Ikramullah Shahid.
Prime Minister Shaukat Aziz has barred the Privatisation Commission (PC) from allowing the International Finance Corporation (IFC), an arm of the World Bank (WB), to participate in Global Depository Receipts (GDR) offering of United Bank Limited (UBL), so
Prime Minister Shaukat Aziz has barred the Privatisation Commission (PC) from allowing the International Finance Corporation (IFC), an arm of the World Bank (WB), to participate in Global Depository Receipts (GDR) offering of United Bank Limited (UBL), so
Prime Minister Shaukat Aziz has barred the Privatisation Commission (PC) from allowing the International Finance Corporation (IFC), an arm of the World Bank (WB), to participate in Global Depository Receipts (GDR) offering of United Bank Limited (UBL), so
Furnace oil price has shot up by 5 percent to an all-time high level of Rs 26,745 per ton in the domestic market in the wake of soaring international prices, dealers said on Monday.
Furnace oil price has shot up by 5 percent to an all-time high level of Rs 26,745 per ton in the domestic market in the wake of soaring international prices, dealers said on Monday.
Furnace oil price has shot up by 5 percent to an all-time high level of Rs 26,745 per ton in the domestic market in the wake of soaring international prices, dealers said on Monday.
The United Nations and other agencies offered aid and helicopters to Pakistan on Monday after floods unleashed by a cyclone and days of torrential rain badly affected 1.5 million people. More than 600 have been killed as the annual summer monsoon brings d
On Monday, the BRIndex30 opened in the positive zone at 15,486.36, with an upward gap 77.66 points, and remained there for whole of the trading time, closing at 15,476.96 with a net positive change of 68.26 points, or 0.44 percent.
On Monday, the BRIndex30 opened in the positive zone at 15,486.36, with an upward gap 77.66 points, and remained there for whole of the trading time, closing at 15,476.96 with a net positive change of 68.26 points, or 0.44 percent.
The Karachi share market on Monday, the first day of new fiscal year 2007-08, witnessed a fresh bull-run, with the KSE-100 index crossing new high 13,900 points mark and closing at 13,929.70 points with a gain of 157.24 points on the back of renewed buyin
The Karachi share market on Monday, the first day of new fiscal year 2007-08, witnessed a fresh bull-run, with the KSE-100 index crossing new high 13,900 points mark and closing at 13,929.70 points with a gain of 157.24 points on the back of renewed buyin
The Karachi share market on Monday, the first day of new fiscal year 2007-08, witnessed a fresh bull-run, with the KSE-100 index crossing new high 13,900 points mark and closing at 13,929.70 points with a gain of 157.24 points on the back of renewed buyin
The general public would not be able to claim income tax refunds paid as withholding tax on electricity bills from tax year 2008. Sources told Business Recorder on Monday that people were claiming refunds on small amounts of withholding tax deducte
The general public would not be able to claim income tax refunds paid as withholding tax on electricity bills from tax year 2008. Sources told Business Recorder on Monday that people were claiming refunds on small amounts of withholding tax deducte
The general public would not be able to claim income tax refunds paid as withholding tax on electricity bills from tax year 2008. Sources told Business Recorder on Monday that people were claiming refunds on small amounts of withholding tax deducte
The government has not eased restrictions on nuclear scientist Dr A Q Khan, imposed three and-a-half years ago, Foreign Office spokesperson Tasnim Aslam said here on Monday.
The government has not eased restrictions on nuclear scientist Dr A Q Khan, imposed three and-a-half years ago, Foreign Office spokesperson Tasnim Aslam said here on Monday.
The board of directors of the Karachi Stock Exchange (KSE) has once again proposed the enhancement of CFS upper cap from existing Rs 55 billion level to another higher limit to help meet investors' needs in a fast growing market.
Prime Minister Shaukat Aziz on Monday reiterating government's commitment to media freedom urged the media to focus on projecting a positive and soft image of the country. Inaugurating the third Roundtable Conference on Advertising in Pakistan organised b
Political rivalry is alleged blocking issuance of recommendatory visa letter to the partners of private sports manufacturing company in Sialkot. The firm - GMNA Sports (Mfg) Co - is to participate in the fair scheduled to be held in Germany this October b
President General Pervez Musharraf has directed the National Disaster Management Authority to ensure swift relief, recovery and rehabilitation of the flood affected areas in Sindh and Balochistan.
President General Pervez Musharraf has directed the National Disaster Management Authority to ensure swift relief, recovery and rehabilitation of the flood affected areas in Sindh and Balochistan.
The Privatisation Commission has miserably failed to achieve its sell-off target for 2006-07, as it could not get through even a single major transaction of any sector during the last 365 days.
The Privatisation Commission has miserably failed to achieve its sell-off target for 2006-07, as it could not get through even a single major transaction of any sector during the last 365 days.
The Privatisation Commission has miserably failed to achieve its sell-off target for 2006-07, as it could not get through even a single major transaction of any sector during the last 365 days.
Counsel for Federation Malik Mohammad Qayyum tendered an unconditional apology in the Supreme Court on Monday for filing an application containing scandalous material by Federation's 'Advocate on Record'.
Counsel for Federation Malik Mohammad Qayyum tendered an unconditional apology in the Supreme Court on Monday for filing an application containing scandalous material by Federation's 'Advocate on Record'.
Iraq's Umm Qasr port is unloading cargoes from two vessels carrying 100,000 tonnes of North American wheat purchased by the state grain agency last December, shippers and traders said on Monday.
Indian buying of South African coal has slowed considerably and is unlikely to pick up until September, when current high stocks have been consumed, Indian traders said. Almost all of South Africa's 65 million tonnes a year coal exports are sold into Euro
The July vaida was unchanged while the December vaida turned lower on the forward cottonseed oilcake market on Monday in process of trading, brokers said. The July vaida was unchanged at Rs 650.00 and closing was seen at the same level without any variati
Prices move upward on the cotton marker on Monday as a deal stuck at Rs 3000, which was the season's peak level, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 2650, they added.
Upward trend was seen on the grain market on Monday though most of the buyers kept on the sidelines due to higher prices, dealers said. On the seed side rapeseed Nawabshah low type gained Rs 40 to Rs 1150, good type rose by Rs 35 to Rs 1135.
Cocoa arrivals at ports in Ivory Coast from October 1 to July 1 reached around 1,138,000 tonnes compared with 1,269,334 tonnes received in the same period a year earlier, according to an estimate by exporters on Monday. Exporters estimated around 9,000 to
Spot basis bids for soyabeans fell at locations around the US Midwest on Monday following a rally in the futures market that pushed cash prices sharply higher, grain dealers said. Cash bids for corn were mostly unchanged as most dealers think there will b
US CIF barge basis values for soyabeans were weak Monday, pressured by strong rallies in soyabean futures on Friday and in overnight electronic trading, traders said. Corn basis offers were steady to higher, supported by strong export demand.
US Plains hard red winter wheat basis bids were steady to weaker on Monday, with rain-related harvest delays persisting in many central and eastern areas of Kansas, the top US wheat-growing state. Flooding through the eastern part of the state was severe,
Argentine 2006/07 wheat export commitments totalled 8.82 million tonnes by June 29, unchanged from a week earlier, the Agriculture Secretariat said in its latest weekly report. By the same date last year, Argentina had sold 7.05 million tonnes of the grai
