Speakers at a protest meeting of the KUJ Dawn Unit here Tuesday evening demanded immediate withdrawal of the PCO, ending curbs on media, restoration of all news channels, and implementation of the 7th wage award.
The Controller of Examinations, Board of Intermediate and Secondary Education Hyderabad has informed that the result of HSC Part I (Class XI) Annual Examination 2007 Science General, Pre-Engineering and Pre-Medical Groups will be announced on Thursday Nov
Pakistan on Wednesday appreciating the efforts of United States to hold Middle East Peace Conference said that it is positive development and expressed the hope that it will work towards reaching an early agreement on a just resolution of the Palestine is
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).
An agreement has been signed between the Aga Khan Foundation UK (AKF UK) and Director General of the European Commission for Humanitarian Aid (DG ECHO) through its Disaster Preparedness Programme (DIPECHO) to implement a project entitled "building local l
Transparency International Pakistan (TIP) has asked all political parties to include its recommendations in their manifestoes to combat corruption. In a release on Wednesday, TIP in its recommendations said that there should be no discretion in any admini
Hajj Operation will be completed by December 6 at Darul Hajjaj. About three thousand intending pilgrims have left for Saudi Arabia from Faisalabad. This was stated by Hajj Committee Member Ahsaan Shahid.
A mehfil-e-husn-e-qir'at will be held under the joint aegis of Khwaja Farid Sangat, Pakistan and Dr Murtaza Educational Trust at Hamdard Centre, Lytton Road here on Thursday. The mehfil, to commence after Maghrib prayers, will be presided over by Qari Ahm
The Oil and Gas Regulatory Authority (OGRA) will launch drive against sub-standard LPG cylinders and grant licenses to only those manufacturers who comply with safety standard. This was stated by Chairman LPG Distributor Association, Irfan Khokhar at a br
Pakistan International Airlines (PIA) has, for the convenience of its air passengers, introduced Flight Checker System Service. The service is accessible via PIA website: www.piac.com.pk providing access to passengers/air travellers, their friends and fam
Overseas Private Investment Corporation (OPIC), a US government agency, has decided to further expand its presence in Pakistan and other South Asian economies. OPIC plans a vigorous financing programme for the private sector where US based companies could
Jamaat-i-Islami Pakistan wile declaring that forthcoming general elections if held without restoring pre November 3 position would be merely a farce and drama, has threatened to boycott them.
Muttahida Majlis-e-Amal Deputy Secretary General and Naib Amir of Jamaat-e-Islami Liaquat Baloch has said that the JI would accept every decision of All Parties Democratic Movement (APDM).
With Osama bin Laden still at large and the Taliban roaming across Pakistan and Afghanistan, analysts say President Pervez Musharraf's anti-terror record as he quits the army is patchy at best.
President Pervez Musharraf's resignation as army chief on Wednesday brings to an end the fourth period of military rule in Pakistan's chequered 60-year history. Since the army first grabbed power, a decade after the South Asian country gained independence
The Governor of Punjab Khalid Maqbool has said that tremendous development and economic progress was made in the tenure of Pervez Musharraf. Talking to newsmen here on Wednesday, Khalid said Musharraf in his capacity as Chief of Army Staff made Pakistan A
The hunger strike camp of the Lahore High Court Bar Association (LHCBA) continued for the second day on Wednesday and a number of senior bar members joined the camp. While addressing the bar members at the camp, secretary bar Sarfraz Cheema said lawyers w
Pakistan People Party chairperson, Benazir Bhutto, on Wednesday welcomed President Pervez Musharraf's resignation from the army but said she was in no hurry to accept him as a civilian leader. "We welcome President Pervez Musharraf taking off his uniform
The NWFP Governor, Lieutenant General Ali Muhammad Jan Aurakzai (Retd), has stressed the need for giving due importance to the promotion of education and research in the field of engineering, especially in the mining sector and said that both the province
The OMV Petroleum, an Austrian petroleum company, which has recently discovered gas at Latif and Gambit blocks in Sindh, will make an investment of $80 million on the development of gas field, says a press release. This was stated by OMV Petroleum General
Punjab University B.Com Part-I and Part-II, Supplementary Examination 2007 will be held in the third week of December 2007. Examination department has started arrangements for the conduct of exam.
High Commission of Kenya, H.E Mishi Mwatsahu and Commercial Attaché of Kenya has visited Pakistan's premium institution "Guard Agricultural Research & Services Private Limited" and Guard Rice Factory Lahore.
Anti-Corruption Establishment (ACE) Punjab has arrested a Patwari, posted at Khanewal, for taking bribe from a local farmer to issue 'Fard' of his agriculture land and sent him to jail on judicial remand.
Government will lift emergency rule "very soon" with President Pervez Musharraf keen to withdraw the measure before January elections, officials said on Wednesday. "I cannot give any exact date and time about lifting the emergency but I can say now that i
The Central Working Committee (CEC) of Pakistan Muslim League-Nawaz on Wednesday authorised party leader Nawaz Sharif to take final decision with regard to boycotting the January 8, 2008 elections. The meeting was held under the chairmanship of Nawaz Shar
A three-member bench of the Supreme Court (SC) here on Wednesday sought report from the Establishment Division about the availability of any vacant quota seat for Punjab province. The three-member bench comprising Chief Justice Abdul Hameed Dogar, Justice
The Chief Justice Lahore High Court (LHC) on Wednesday announced annual general holidays for the year 2008 to be observed by the LHC, its benches at Bahawalpur, Multan and Rawalpindi and civil and sessions courts.
Dr Tariq Hassan, attorney and advocate, has in a petition, urged the Chief Election Commissioner to exercise his powers under the law to get all political detainees released to ensure free and fair election, whatever may be the possibility of that miracle
Karachi Electric Supply Corporation (KESC), for the first time after 11 years, will start generating 75 MW of electricity on its own by the middle of December 2007.
Oil extended losses to below $94 on Wednesday after falling 3 percent a day ago, dragged lower by growing expectations of a rise in Opec production and negative US economic data. US oil was down 49 cents or 0.5 percent to $93.93 a barrel, after tumbling $
Services sector trade deficit has widened by 26 percent, reaching $2 billion during the first four months (July-October) of current fiscal year mainly due to high payments on account of transportation, travel and government services, besides decline in th
Kenya tea prices were mixed at this week's auction, with some grades easing slightly due to decreased buyer interest, traders said on Wednesday. Mombasa-based Africa Tea Brokers (ATB) said 121,165 packages were offered at this week's auction, with 12,961
The Lahore share market on Wednesday gave a positive response to President Musharraf's move to abandon his military uniform, and the equities rose with also a visible improvement in trade turnover. The LSE-25 Index finished the day at 4,543.81 points from
The Lahore share market on Wednesday gave a positive response to President Musharraf's move to abandon his military uniform, and the equities rose with also a visible improvement in trade turnover. The LSE-25 Index finished the day at 4,543.81 points from
Gold lost ground on Wednesday after bargain hunting driven by a weak US dollar and sharp drop the previous day tapered off, but the metal may draw demand on price dips due to lingering uncertainty in credit markets. Spot gold hit an intraday high of $815.
US Secretary of State Condoleezza Rice said on Wednesday that Pakistani President Pervez Musharraf's resignation as army chief was a good first step but that he should now lift emergency rule.
A sharp fall in crude oil sent US gold futures to a sharply lower finish amid heavy volume on Tuesday, but decent support was seen and bullion could recoup losses if energy prices stemmed their losses, traders said. Nothing else matters but oil," said Fra
US Secretary of State Condoleezza Rice said on Wednesday that Pakistani President Pervez Musharraf's resignation as army chief was a good first step but that he should now lift emergency rule.
US copper futures settled back down below the $3.00 a lb level on Tuesday, as investors remained bearish on the red metal amid deepening concerns about the housing slump and its potential impact on the economy, analysts said.
The European Union (EU) on Wednesday completely lifted a ban on Pakistan International Airlines (PIA) from flying in the 27-nation bloc after the airline addressed the safety concerns of the European Union. The European Commission said it had removed PIA
US arabica coffee futures ended even on Tuesday, climbing to the session high as speculators and industry buyers sought the sharply lower levels that prevailed for most of the session, traders said.
The European Union (EU) on Wednesday completely lifted a ban on Pakistan International Airlines (PIA) from flying in the 27-nation bloc after the airline addressed the safety concerns of the European Union. The European Commission said it had removed PIA
Spring wheat futures at the Minneapolis Grain Exchange ended mostly higher on Tuesday, following Chicago and Kansas City wheat market gains with support from crop concerns and an uptick in export dealings. The Minneapolis December spring wheat contract cl
The European Union (EU) on Wednesday completely lifted a ban on Pakistan International Airlines (PIA) from flying in the 27-nation bloc after the airline addressed the safety concerns of the European Union. The European Commission said it had removed PIA
US cocoa futures ended a touch higher on Tuesday, after a quiet session of mixed, fund-led trading, dealers said. "The funds have a very large long position, which could be considered vulnerable to the downside. In light of good arrivals, I would think th
President General Pervez Musharraf on Wednesday relinquished the charge of Chief of the Army Staff and handed over the command to General Ashfaq Parvez Kayani a day ahead of taking oath as a civilian President for a five-year term.
Rising trend persisted on the grain market on Wednesday in process of trading as most of the buyers were on the sidelines due to sharp rise in the rates, dealers said. On the seed side, rapeseeds Mirpurlane low type gained Rs 50 to Rs 1475 and good type r
President General Pervez Musharraf on Wednesday relinquished the charge of Chief of the Army Staff and handed over the command to General Ashfaq Parvez Kayani a day ahead of taking oath as a civilian President for a five-year term.
The Federal Board of Revenue (FBR) has laid down 'Auditing Standards' to judge the auditors' performance in field large and medium taxpayers units. Sources told Business Recorder on Wednesday that 'National Audit Plan' focused on development of qua
Steady trend was again witnessed on the cotton market on Wednesday as mills were active to cover the forward buying, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 3075, dealers said.
The Federal Board of Revenue (FBR) has laid down 'Auditing Standards' to judge the auditors' performance in field large and medium taxpayers units. Sources told Business Recorder on Wednesday that 'National Audit Plan' focused on development of qua
Rising trend was seen on the forward cottonseed oilcake market on Wednesday as most of the buyers were busy in making new deals, dealers said. The December vaida opened with Rs 4.00 gain at Rs 598 and closing was seen at the same level, they said. The Jan
The Federal Board of Revenue (FBR) has laid down ''Auditing Standards'' to judge the auditors'' performance in field large and medium taxpayers units. Sources told Business Recorder on Wednesday that ''National Audit Plan'' focused on development o
Chicago Board of Trade wheat futures closed higher on Tuesday with dry weather in the US Plains hard red winter wheat region and declining condition ratings for the crop boosting prices, traders said.
Picture this: just when Pakistan's political turmoil seems to be simmering down, a key leader is assassinated, the Karachi stock exchange is bombed and elections are postponed indefinitely. Analysts say these are the worst-case scenarios that could fright
Corn futures on the Chicago Board of Trade closed lower on Tuesday amid falling crude oil markets, tumbling soy and a firm dollar, traders said. "Declines in crude oil didn't help corn at all and I think there was liquidation in the December ahead of firs
Picture this: just when Pakistan's political turmoil seems to be simmering down, a key leader is assassinated, the Karachi stock exchange is bombed and elections are postponed indefinitely. Analysts say these are the worst-case scenarios that could fright
Brazilian 2007/08 (May/April) cocoa arrivals from Bahia and other states totalled 2.37 million 60-kg bags by November 25, down 3.7 percent from 2.47 million bags a year ago, Bahia Commercial Association said Wednesday.
Picture this: just when Pakistan''s political turmoil seems to be simmering down, a key leader is assassinated, the Karachi stock exchange is bombed and elections are postponed indefinitely. Analysts say these are the worst-case scenarios that could frigh
Winnipeg Commodity Exchange canola futures set fresh highs on Tuesday despite weaker Chicago soyabean and soyaoil futures as the falling Canadian dollar encouraged export business, traders said. Canola ended 30 cents to $4 per tonne higher, with January u
Karachi share market on Wednesday continued its upward trend and the benchmark KSE-100 index surged by 89.47 points to close at 13,884.93 points' level on the back of positive developments at the political front in the country. The KSE-30 index gained 135
US FOB Gulf soyabean basis offers rose on Tuesday amid a downturn in futures prices and tight export capacity for December shipment, traders said. Wheat values held steady amid talk of a private Egyptian tender for wheat, traders said.
Karachi share market on Wednesday continued its upward trend and the benchmark KSE-100 index surged by 89.47 points to close at 13,884.93 points' level on the back of positive developments at the political front in the country. The KSE-30 index gained 135
Spot basis bids for corn, soyabeans and wheat were mostly steady to firm around the US Midwest on Wednesday amid slow country movement from farmers looking for higher cash prices, grain dealers said. "The market is down the last couple of days so they are
Karachi share market on Wednesday continued its upward trend and the benchmark KSE-100 index surged by 89.47 points to close at 13,884.93 points'' level on the back of positive developments at the political front in the country. The KSE-30 index gained 13
Kenyan coffee prices were mixed at this week's auction, with some grades firming due to improved quality and increased demand, traders said on Wednesday. A total of 8,091 60-kg bags were offered for sale at the Nairobi Coffee Exchange (NCE), with 7,616 so
The Federal Board of Revenue (FBR) has decided to strongly pursue the cases where income tax commissioners of Karachi and Lahore have reassessed transactions of corporate companies who were found to have indulged in massive concealment of real income.
US Plains hard red winter wheat basis bids held steady Wednesday, though a softer tone set in amid plentiful offers, merchants said. Farmers and other wheat market players were keeping a close eye on the weather, with more moisture needed to aid the emerg
The Federal Board of Revenue (FBR) has decided to strongly pursue the cases where income tax commissioners of Karachi and Lahore have reassessed transactions of corporate companies who were found to have indulged in massive concealment of real income.
The Karachi Port handled 107,110 tonnes cargo including 62,845 tonnes import, 44,265 tonnes export cargo and 4,086 containers (TEUs) during last 24 hours ending at 0700 hours on Wednesday.
The Federal Board of Revenue (FBR) has decided to strongly pursue the cases where income tax commissioners of Karachi and Lahore have reassessed transactions of corporate companies who were found to have indulged in massive concealment of real income.
Singapore bunker prices fell on Wednesday, while its differential to fuel oil cargo values remained in deep discount at steady levels. Prices for the 380-centistoke (cst) grade fell $2.00 from the last session to $476.00-$478.00 a tonne, while its discoun
General Pervez Musharraf, after bidding emotional farewell to arms on Wednesday, will take oath as President of Pakistan for the second five-year term here on Thursday. Chief Justice Abdul Hameed Dogar will administer the oath of office to 'Mr' Pervez Mus
General Pervez Musharraf, after bidding emotional farewell to arms on Wednesday, will take oath as President of Pakistan for the second five-year term here on Thursday. Chief Justice Abdul Hameed Dogar will administer the oath of office to 'Mr' Pervez Mus
Pakistan State Oil (PSO) is said to have released held-up furnace oil shipments destined for various power generation companies after receiving partial payment of dues from Pakistan Electric Power Company (Pepco), well-informed sources told Business Re
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
Pakistan State Oil (PSO) is said to have released held-up furnace oil shipments destined for various power generation companies after receiving partial payment of dues from Pakistan Electric Power Company (Pepco), well-informed sources told Business Re
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