The Karachi Port handled 153,100 tonnes cargo including 138,762 tonnes import, 14,338 tonnes export cargo and 2,738 containers (TEUs) during last 24 hours ending at 0700 hours on Tuesday.
Whirlpool Corp, the world's largest appliance maker, reported a 50 percent rise in third-quarter profit on Tuesday as international demand and cost savings from the Maytag buyout helped offset lower US sales.
US FOB Gulf corn basis offers rose on Monday supported by tight loading capacity, while soyabean offers weakened amid harvest pressure, traders said. Hard and soft wheat export premiums were supported by news that Russia could raise its export tax on the
Whirlpool Corp, the world's largest appliance maker, reported a 50 percent rise in third-quarter profit on Tuesday as international demand and cost savings from the Maytag buyout helped offset lower US sales.
Equities witnessed across the board losses at Islamabad Stock Exchange (ISE) on Tuesday where fresh bearish assault moved the entire ready board in downward direction amid decrease in index. ISE-10 Index showed a decrease of 24.41 points from 3,145.38 to
Equities witnessed across the board losses at Islamabad Stock Exchange (ISE) on Tuesday where fresh bearish assault moved the entire ready board in downward direction amid decrease in index. ISE-10 Index showed a decrease of 24.41 points from 3,145.38 to
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
UK insurer Prudential topped forecasts on Tuesday with a 10 percent rise in nine-month sales, as growth in Asia, driven by India and Taiwan, offset the impact of a weak dollar and a shrinking business at home.
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
UK insurer Prudential topped forecasts on Tuesday with a 10 percent rise in nine-month sales, as growth in Asia, driven by India and Taiwan, offset the impact of a weak dollar and a shrinking business at home.
BHP Billiton Ltd/Plc, the world's biggest miner, churned out as much copper, iron ore and coal as it could in the first quarter to keep up with surging China-driven demand, but failed to impress investors.
BHP Billiton Ltd/Plc, the world's biggest miner, churned out as much copper, iron ore and coal as it could in the first quarter to keep up with surging China-driven demand, but failed to impress investors.
The eurozone's manufacturing sector is likely to have had a strong third quarter, data suggested on Tuesday, but the strong euro, expensive oil and tighter credit pose risks to growth in the fourth quarter.
A German regional court on Tuesday dismissed a case on procedural grounds in which Nokia filed a complaint against US chipmaker Qualcomm patents in Germany.
The Nasdaq rose on Tuesday after strong profit at Apple Inc. eased worries about consumer spending, while Wal-Mart Stores Inc.'s plan to scale back expansion limited gains in the broad market.
A four-member caretaker cabinet of NWFP government is going to take oath of their offices here on Wednesday. Governor NWFP Lieutenant General (Retd) Ali Mohammad Jan Aurakzai will administered oath to them. The four ministers of the caretaker cabinet of t
A four-member caretaker cabinet of NWFP government is going to take oath of their offices here on Wednesday. Governor NWFP Lieutenant General (Retd) Ali Mohammad Jan Aurakzai will administered oath to them. The four ministers of the caretaker cabinet of t
A Chinese group, which earlier showed interest in producing a range of chemical products from the Thar coal deposits, has again been approached by Sindh government to initiate the project, Business Recorder learnt here on Tuesday.
A Chinese group, which earlier showed interest in producing a range of chemical products from the Thar coal deposits, has again been approached by Sindh government to initiate the project, Business Recorder learnt here on Tuesday.
A Chinese group, which earlier showed interest in producing a range of chemical products from the Thar coal deposits, has again been approached by Sindh government to initiate the project, Business Recorder learnt here on Tuesday.
The glass bangle and leather shoes manufacturing units have been granted industry status and it will be declared in the 2007 national employment policy.
The glass bangle and leather shoes manufacturing units have been granted industry status and it will be declared in the 2007 national employment policy.
The glass bangle and leather shoes manufacturing units have been granted industry status and it will be declared in the 2007 national employment policy.
The city on Tuesday was once again hit by one of the worst power crises due to technical faults in Bin Qasim power plant for last two days. The Karachi Electric Supply Corporation (KESC) failed to remove these faults causing severe electricity shortage pr
The city on Tuesday was once again hit by one of the worst power crises due to technical faults in Bin Qasim power plant for last two days. The Karachi Electric Supply Corporation (KESC) failed to remove these faults causing severe electricity shortage pr
Time is running out for a landmark nuclear deal between India and the United States that has been stalled by opposition from four leftist parties in India, a top US State Department official said on Tuesday.
Time is running out for a landmark nuclear deal between India and the United States that has been stalled by opposition from four leftist parties in India, a top US State Department official said on Tuesday.
The US military is mobilising firefighting aircraft and helicopters to help contain wind-driven wildfires threatening southern California, a Pentagon spokesman said Tuesday. Some 550 active duty marines at Camp Pendleton, California also have been made av
The Islamabad Stock Exchange (ISE) on Tuesday elected unopposed five new member directors for the year 2007-2008. The new board of directors comprises Sh. Muhammad Shabbir, Rafaqat Ali Chaudhry, Zahid Latif Khan, Riaz Ahmed and Syed Noor Adnan.
The Islamabad Stock Exchange (ISE) on Tuesday elected unopposed five new member directors for the year 2007-2008. The new board of directors comprises Sh. Muhammad Shabbir, Rafaqat Ali Chaudhry, Zahid Latif Khan, Riaz Ahmed and Syed Noor Adnan.
The Islamabad Stock Exchange (ISE) on Tuesday elected unopposed five new member directors for the year 2007-2008. The new board of directors comprises Sh. Muhammad Shabbir, Rafaqat Ali Chaudhry, Zahid Latif Khan, Riaz Ahmed and Syed Noor Adnan.
The Implementation Agreement for 225 MW Bhikki power project by Halmore Power Generation Company was signed on Tuesday at the Private Power and Infrastructure Board (PPIB). Muhammad Yousuf Memon, Managing Director, PPIB, signed the agreement on behalf of
The Implementation Agreement for 225 MW Bhikki power project by Halmore Power Generation Company was signed on Tuesday at the Private Power and Infrastructure Board (PPIB). Muhammad Yousuf Memon, Managing Director, PPIB, signed the agreement on behalf of
The Implementation Agreement for 225 MW Bhikki power project by Halmore Power Generation Company was signed on Tuesday at the Private Power and Infrastructure Board (PPIB). Muhammad Yousuf Memon, Managing Director, PPIB, signed the agreement on behalf of
Muhammad Hamid Sultan, Director, Micro Industries Development Resource Centre said that FBR tariff structure is not helping micro industrial sector to grow smoothly due to low awareness levels, complexity of procedures, cumbersome trade procedures, and no
The profit after tax of Attock Cement Pakistan Limited has declined to Rs 88.048 million in the first quarter ended on September 30 as compared to Rs 318.308 million earned in the corresponding period last year. The earning per share of the company stood
The profit after tax of Attock Cement Pakistan Limited has declined to Rs 88.048 million in the first quarter ended on September 30 as compared to Rs 318.308 million earned in the corresponding period last year. The earning per share of the company stood
The profit after tax of Attock Cement Pakistan Limited has declined to Rs 88.048 million in the first quarter ended on September 30 as compared to Rs 318.308 million earned in the corresponding period last year. The earning per share of the company stood
The profit after tax of Attock Cement Pakistan Limited has declined to Rs 88.048 million in the first quarter ended on September 30 as compared to Rs 318.308 million earned in the corresponding period last year. The earning per share of the company stood
In a major move to check extraordinary delay in clearance of imported consignments under Pakistan Customs Computerised System (PACCS), the Federal Board of Revenue (FBR) has suspended a Deputy Collector at Karachi and transferred and posted several custom
In a major move to check extraordinary delay in clearance of imported consignments under Pakistan Customs Computerised System (PACCS), the Federal Board of Revenue (FBR) has suspended a Deputy Collector at Karachi and transferred and posted several custom
In a major move to check extraordinary delay in clearance of imported consignments under Pakistan Customs Computerised System (PACCS), the Federal Board of Revenue (FBR) has suspended a Deputy Collector at Karachi and transferred and posted several custom
Owing to the restricted water releases from the Tarbela and Mangla reservoirs, the capacity of power generation supplying to the NTDC system has been reduced drastically, allowing the Mangla and Tarbela hydro stations capable of generating up to a maximum
The National AIDS Control Programme (NACP), Ministry of Health has launched 'Partner Against AIDS' campaign by adopting a multisectoral approach to combat HIV and AIDS in Pakistan. In connection of the campaign the NACP has involved Islamabad Traffic Poli
The Sindh Institute of Urology & Transplantation (SIUT) is organising a seminar on "International Collaboration in Transplantation: Curbing Commercialism and Increasing Transplantation Activity" here on Thursday.
President Pervez Musharraf will meet the top brass of ruling coalition tomorrow (Thursday) to take them into confidence over current political situation, first time since the homecoming of PPP chairperson Benazir Bhutto.
The profit after tax of Kot Addu Power Company Limited (Kapco) has increased to Rs 88.048 million in the quarter ended on September 30 as compared to Rs 1,118.992 million earned in the corresponding period last year. The company's earning per share surged
The profit after tax of Kot Addu Power Company Limited (Kapco) has increased to Rs 88.048 million in the quarter ended on September 30 as compared to Rs 1,118.992 million earned in the corresponding period last year. The company's earning per share surged
Askari MasterCard joined hands with HBFC for a strategic alliance. The signing ceremony was held in Karachi on Tuesday. Agha Ali Imam, SEVP-Group Head CBSG, Askari Bank Ltd, Zaigham Mahmood Rizvi, Chairman and Chief Executive, HBFC, signed an agreement.
Business community has a great role in promoting Pakistan's soft image internationally and improving the global market share pertaining to export of goods and services, said Tasneem Aslam, Pakistani ambassador designate to Italy here on Tuesday.
Provincial Ombudsman Abdur Rashid Khan has provided relief to 330 petitioners through the regional office Multan during September. This was stated by Advisor to provincial Ombudsman Syed Bahadar Shah while talking to APP.
There is no shortage of wheat flour anywhere in the district, said district food controller (DFC) Abdul Hafeez Khan on Tuesday. Talking to APP, he said that wheat was being supplied to flourmills in ample quantity and there was no scarcity of this staple
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has shown serious concern over the abrupt increase in cotton prices. The cottonseed prices have increased by Rs 100 per 40 kg in the country during the last four days.
The 17th amendment changed the structure of the 1973 constitution since it was an agreement to share power. This was observed by head of the 11-member Supreme Court bench Justice Javed Iqbal during hearing of the petitions against candidacy of General Mus
The Accountability Courts have adjourned hearing in seven different references against Benazir Bhutto and Asif Zardari and former FIA Director General Rehman Malik to October 31 on receiving stay orders from Supreme Court on issuance of National Reconcili
Three PPP leaders acquitted by the special Judge Anti Corruption, Multan, Kazim Ali Malik because the prosecution witnesses withdrew their evidence and categorically stated that they were not aware of the incident.
Six sisters were brutally burnt by the owner of the home in Azizabad, Bahawalpur on Monday when their father refused to vacate home. According to details the owner of the rented home Dr Muhammad Aslam had been demanding tenant Ghulam Abbas since long to v