Gold on Monday hit the historic high mark of Rs 18,300 per 10 grams, while the yellow metal was traded at $916 an ounce in the world market, said traders.
The Model Custom Collectorate (MCC) has suspended eight custom appraisers on the charges of embezzlement in the import of recondition refrigerated vehicles.
Ghee price has shot up by Rs 57 per 5-kg tin in the retail market to Rs 625 per 5 kg tin despite a decline in the world palm oil prices by $30 a ton, market sources said on Monday.With the recent increase, the 2-1/2 kg ghee tin has become costlier by Rs 2
Progress of our society demands drastic changes in the education system that must lay emphasis on acquisition of knowledge and expertise in all areas of arts, physical as well as social sciences and novel technologies.
The Higher Education Commission (HEC) on Monday decided to accelerate evaluation process designed to check status of implementation of its guidelines of minimum standards to be met for MPhil and PhD studies at universities.
After witnessing the overwhelming response from the investors to the first training course, the management of Karachi Stock Exchange (KSE) has decided to organise further training courses to accommodate more participants.
Comstech concluded its eight-day workshop on bio-fertiliser on Monday with a resolution that OIC countries should build database relating to experiences in bio-fertiliser applications and share the results with member countries.
Caretaker Federal Minister for Information and Broadcasting, Senator Nisar A Memon on Monday urged the national media not to become a victim to the designs of the people who wanted to target the federation of Pakistan.
Caretaker Sindh Chief Minister former justice Abdul Qadir Halepota is reported to have asked Sindh Chief Secretary Fazlur Rehman to hasten submission of report on damage assessment after the December 27, 2007 incident.
Sindh Governor Dr Ishrat-ul-Ibad Khan has said that the country is passing through a very crucial time, and some elements are trying to destabilise it. Speaking sat the annual dinner of Korangi Association of Trade and Industry (Kati) late on Sunday, he s
More than 8,000 lawyers of southern Punjab on Monday organised protest rallies and hunger strike camps were set-up in front of bar rooms in Multan, Muzaffargarh, Dera Ghazi Khan, Bahawalpur, Bahawalnagar, Jhang, Bhakkar, Layyah, Vehari, Sahiwal, Khanewal
A hunger-strike camp set up by the Save Judiciary Committee condemning court judges' termination has continued. Bar office holders and senior members, political party workers and civil society members have joined the camp.
A 14-member British defence delegation, led by UK Permanent Under Secretary Bill Jeffery, arrived here on Monday on a 4-day official visit, a defence ministry official said. The delegation would attend plenary session of the Pakistan-Britain Defence Coope
At least ten persons including two minor children have died of severe cold during the last 24 hours in Multan, Muzaffargarh, Sargodha, Alipur, Rajanpur and Layyah.
National Accountability Bureau (NAB) under section 33-C of National Accountability Ordinance 1999 is mandated to undertake preventive measures to ensure that government laws, rules and regulations are followed, to eliminate corruption and corrupt practice
A programme has been launched to produce Sahiwal breed of cows famous for milk production. Livestock Director Dr Javed Iqbal on Monday said MU transfer technology was being utilised to promote this breed all over Punjab. "Sahiwal cow is best for dairy far
Chief Justice of Pakistan, Justice Abdul Hameed Dogar arrived from Saudi Arabia here on Monday after performing Umrah. The Chief Justice will preside over a bench on Tuesday, office sources said. Justice Muhammad Nawaz Abbasi, the senior most judge after
NWFP Governor Owais Ahmed Ghani has directed the Commissioner of Afghan Refugees (CAR) to conduct a fresh survey of Afghan refugees living in their camps in different cities and localities especially in the suburbs of Peshawar so that their whereabouts/mo
Green rickshaw scheme has gained momentum in Sialkot, Daska, Pasrur and Sambrial tehsils of Sialkot district. As many as 750 rickshaws, under the scheme would be given to the applicants on subsidised price in Sialkot district.
The people of Multan continue to face low gas pressure and power outages while the cold wave persists in the area compelling the people to minimise their outdoor activities. The gap between demand and supply is also continuing and, on Monday it was 2,300
Three labourers died when a well collapsed in Cholistan here on Monday. According to the police, labourers were digging a well, which suddenly collapsed and they came under the debris. The deceased were identified as Noor Elahi, Allah Basaya and Shehzad.
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 central trade body has assured the provision of wheat flour in ample quantity at fixed rates, in various city markets as well as at special stalls set up to facilitate the people.
Faisalabad Electric Supply Company (Fesco) has launched an 'Energy Conservation Campaign' by providing energy saver bulbs at subsidised rates in seven districts of the region. This was stated by the CEO Fesco, Ahmed Saeed Akhtar while inaugurating the cam
Local business community has decided to establish "Food and Vegetable Processing/Packing" centre close to Sialkot International Airport. The setting up of common facility centre for fruit and vegetable processing close to airport would open new avenue for
The Punjab government has formulated a strategy for setting up maximum number of cottage and small-scale industries, particularly agro-based industries in the province.
Around half of the world population is overweight, while in Pakistan 30 percent men and 40 percent women are overweight, exposing them to various diseases, including high cholesterol, high blood pressure and diabetes, a consultant cardiologist at Whipps C
"Institutions are all about people, if you have quality people then you will have good institutions", said President Syed Ali Raza at the National Bank of Pakistan's "change management workshop".
Siege like situation could be seen at the offices of the Pakistan Telecommunication Company in the city where people had gathered to ask for deletion of Rs 199 arbitrarily included in the call charges bill for the month of December 2007.
Tuwairqi Steel Mills Limited (TSML) has signed an agreement with AMZ Securities Ltd to raise funds to finance additional expenditure for its state of the art iron and steel project, coming up at Port Qasim.
The Consulate General of the Republic of Indonesia in Karachi announcing the passing away of second president of Indonesia General H. M. Soeharto (Retd) on January 27 at the age of 87, said on Monday that a condolence book will be opened from January 29 t
Pakistan International Airlines (PIA) on Monday cancelled operation of all its Quetta-bound flights due to inclement weather in the provincial capital, PIA officials told here APP.
The European buyers have totally refused to participate in the country's largest trade show, while others have shown reluctance due to poor law and order situation, sources told Business Recorder on Monday.
Anjuman-e-Tajiran Auto Parts Chairman Waqar Ahmed Mian has received a gold medal from the Istehkam-e-Pakistan Council for his special services in trade and social welfare. Mian was not only active in trade but also rendered his services in the social sect
Amid a strong outcry from opposition the City Council on Monday, through a resolution, backed the City District Government Karachi (CDGK) on revising a 100 percent increase in the rents of its shops to 50 percent.
A Lahore High Court full bench has told the Baha-ud-Din Zikria University to present its record on February 7 following a petition challenging the BA degree of a former member of the Provincial Assembly (MPA). Former MPA Mian Khalid Mehmood is contesting
The Ministry of Industries and Production has directed Pakistan Standard and Quality Control Authority (PSQCA) to finalise the standard and specification of trucks and trailers by March 31 so that these could be notified.
Former justice Dr Ghous Muhammad, head of the October 18 Tribunal of Inquiry on Monday summoned PPP leaders Agha Siraj Durrani and Dr Zulfiqar Mirza rejecting their pleas to appear and deposed some time later.
Punjab University Board has approved a two-year Masters degree programme in 'film and television production', a board meeting revealed. The programme will be akin to the European degree in film and television production.
The Commonwealth could review Pakistan's suspension after the country's parliamentary elections next month, the 53-nation group's secretary general, Don McKinnon, said here Monday.
President Pervez Musharraf on the final day of his UK visit on Monday urged the West to understand the challenges and problems facing Pakistan and said the country needs to be encouraged and supported in overcoming these obstacles and difficulties.
Lieutenant General Faiz Ali Chishti (Retd) who opposes President Pervez Musharraf said he would "not be surprised" if Musharraf had engineered terror attacks to manipulate his image in the West.
Caretaker Prime Minister Mohammedmian Soomro on Monday said the caretaker government would ensure provision of necessary facilities at the ports so as to promote trade and exports of the country. He was talking to Dr Fahim Ansari Minister for Ports and Sh
The government will take fresh initiatives to develop national consensus on Kalabagh dam as big water reservoirs are badly needed to overcome the worsening energy crisis country is facing.
An exhibition featuring the painting of Asma Abbasi will be held from January 30 to February 12 at the Alliance Francis, Islamabad. Abbasi was trained at the Swain School of Design, USA.
The Election Commission of Pakistan (ECP) has asked the concerned authorities to take extra security measures in around 5,000 sensitive polling stations of Sindh in its bid to ensure enabling atmosphere for voters and candidates alike in the ensuing elect
Rawalpindi Police Monday launched a massive operation against the dealers of fireworks and arrested ten including six owners of big fireworks godowns and confiscated the explosive fireworks of over Rs 600,000 during the last 24 hours.
On an icy clearing surrounded by forested peaks, Afghan officials struggled to keep order as they handed out food and blankets to dozens of tribesmen who fled Pakistan to escape sectarian violence.
Hostile foreign intelligence agencies want to disrupt peace in Pakistan, Interior Secretary Syed Kamal Shah told Senate Standing Committee, here on Monday.
The rupee gave up it's weekend firmness on the interbank market at the week opening day, losing 18 paisa in terms of dollar for buying at 62.60 and it also shed 22 paisa for selling at 62.65, dealers said. The rupee lost its gain due to higher demand for
Britain and the United States cannot say they support democracy in Pakistan unless they call for the reinstatement of sacked judges, cricketer-turned-politician Imran Kahn said on Monday.
The rupee gave up it's weekend firmness on the interbank market at the week opening day, losing 18 paisa in terms of dollar for buying at 62.60 and it also shed 22 paisa for selling at 62.65, dealers said. The rupee lost its gain due to higher demand for
Telenor Pakistan has launched another environment-friendly initiative by using solar energy to power one of its repeater sites in the NWFP. Telenor Pakistan is the country's first mobile communications services provider to have started using solar energy
The Bank of Punjab was established in 1989 under the "The Bank of Punjab Act 1989". The bank provides commercial banking and related services in Pakistan and Azad Jammu and Kashmir, with special emphasis on the agricultural sector.
Interior ministry on Monday rejected claims by the lawyer for British terror suspect Rashid Rauf that his client, who disappeared from police custody, was being secretly held by authorities. Rauf disappeared on December 14 while being escorted by two poli
The Bank of Punjab was established in 1989 under the "The Bank of Punjab Act 1989". The bank provides commercial banking and related services in Pakistan and Azad Jammu and Kashmir, with special emphasis on the agricultural sector.
Iran has withdrawn the publication licence of a leading women's magazine after it highlighted crimes against women by publishing a monthly toll, the semi-official Fars news agency reported Monday. "The licence of the magazine Zanan (Women) managed by Shah
Iran has withdrawn the publication licence of a leading women's magazine after it highlighted crimes against women by publishing a monthly toll, the semi-official Fars news agency reported Monday. "The licence of the magazine Zanan (Women) managed by Shah
Societe Generale trader Jerome Kerviel was charged Monday over the biggest fraud case in investment banking history, his lawyer said as the French bank was hit by insider trading allegations and a plunging share price.
Societe Generale trader Jerome Kerviel was charged Monday over the biggest fraud case in investment banking history, his lawyer said as the French bank was hit by insider trading allegations and a plunging share price.
Societe Generale trader Jerome Kerviel was charged Monday over the biggest fraud case in investment banking history, his lawyer said as the French bank was hit by insider trading allegations and a plunging share price.
The State Bank of Pakistan on Monday said that Karachi Shipyard & Engineering Works (KSEW) Sukuk (bonds) worth Rs 1.5 billion would be regarded as ''''Approved Security'''' for Islamic banks to meet the condition of Statutory Liquidity Requirement (SLR).
The State Bank of Pakistan on Monday said that Karachi Shipyard & Engineering Works (KSEW) Sukuk (bonds) worth Rs 1.5 billion would be regarded as ''Approved Security'' for Islamic banks to meet the condition of Statutory Liquidity Requirement (SLR).