PPP co-chairman Asif Ali Zardari has set up a five-member committee in Balochistan to establish contacts with various political groups and discuss the possible modalities of government formation in the province.
The PPP Co-chairman Asif Ali Zardari has proposed setting up a Truth and Reconciliation Commission to recognise victims of state repression and injustices. He said that the establishment had been weakened and it was incumbent upon all political forces to
The Ambassador of the United Arab Emirates in Islamabad Ali Muhammad Bin Hammad Al-Shamsi called on the Pakistan People's Party (PPP) co-chairman Asif Ali Zardari at Zardari House in Islamabad Thursday afternoon, a PPP statement said on Thursday.
Turkish Ambassador, Gursoz who met Commerce Secretary, Syed Asif Shah here on Thursday said that Pakistan would be offered free pavilion at Expo 2015 to be held in Izmir, says a press release. The ambassador, who is also Special Envoy of the President of
China will invest about $600 million for setting up an integrated coal mining-cum-power project in Sindh. The project will produce 180 million tonnes per annum, which is sufficient to fuel the proposed 405 MW power plant.
China will invest about $600 million for setting up an integrated coal mining-cum-power project in Sindh. The project will produce 180 million tonnes per annum, which is sufficient to fuel the proposed 405 MW power plant.
China will invest about $600 million for setting up an integrated coal mining-cum-power project in Sindh. The project will produce 180 million tonnes per annum, which is sufficient to fuel the proposed 405 MW power plant.
Deeply concerned about Lebanon's political strife, the United States has sped its USS Cole warship off the country's coast in a "show of support for regional stability," a top US official said Thursday.
Deeply concerned about Lebanon's political strife, the United States has sped its USS Cole warship off the country's coast in a "show of support for regional stability," a top US official said Thursday.
State Bank of Pakistan (SBP) Governor Dr Shamshad Akhtar has emphasised the need for introducing credit-enhancing mechanism for SME financing and directed the banks to immediately identify their SME heads as focal points so that the efforts of various sta
State Bank of Pakistan (SBP) Governor Dr Shamshad Akhtar has emphasised the need for introducing credit-enhancing mechanism for SME financing and directed the banks to immediately identify their SME heads as focal points so that the efforts of various sta
State Bank of Pakistan (SBP) Governor Dr Shamshad Akhtar has emphasised the need for introducing credit-enhancing mechanism for SME financing and directed the banks to immediately identify their SME heads as focal points so that the efforts of various sta
UBL Fund Managers and United Bank Limited on Thursday announced the launch of their first joint investment product, the UBL Capital Protected Fund-I (UCPF-I) worth Rs 1.5 billion.
UBL Fund Managers and United Bank Limited on Thursday announced the launch of their first joint investment product, the UBL Capital Protected Fund-I (UCPF-I) worth Rs 1.5 billion.
UBL Fund Managers and United Bank Limited on Thursday announced the launch of their first joint investment product, the UBL Capital Protected Fund-I (UCPF-I) worth Rs 1.5 billion.
UBL Fund Managers and United Bank Limited on Thursday announced the launch of their first joint investment product, the UBL Capital Protected Fund-I (UCPF-I) worth Rs 1.5 billion.
The Taliban has retaken control of about 10 percent of Afghanistan's territory, less than seven years after being run out of the country by US military forces, intelligence officials told Congress on Wednesday.
Templeton Asset Management favours Asian energy stocks and has placed a big bet on fast growing but politically volatile Pakistan, the firm''s top emerging markets fund manager, Mark Mobius, said on Thursday.
Templeton Asset Management favours Asian energy stocks and has placed a big bet on fast growing but politically volatile Pakistan, the firm's top emerging markets fund manager, Mark Mobius, said on Thursday.
Templeton Asset Management favours Asian energy stocks and has placed a big bet on fast growing but politically volatile Pakistan, the firm's top emerging markets fund manager, Mark Mobius, said on Thursday.
NWFP Governor Owais Ahmad Ghani Thursday said that feasibility studies of two dams in Bara and Jamrud sub-divisions of Khyber Agency has almost been completed and both of them have been found feasible for construction. He expressed these views during a pr
Political instability and civil conflicts have been found to be a major factor in reducing the attractiveness of South Asia as a host for foreign capital. Afghanistan, Pakistan, and Sri Lanka continue to face political uncertainties and security challenge
Pakistan will export 15,000 tonnes of sugar to Bangladesh from the surplus stock. The sugar mills across the country have abundant stocks of surplus sugar and, therefore, it has been decided to export some amount out of the same stock, told sugar industry
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (February 28,2008).
The profit after-tax of Sui Southern Gas Company Limited (SSGC) has declined to Rs 340.6 million in the six months period ended December 31, 2007 as compared to Rs 485.3 million earned in the corresponding period in 2006. The SSGC board, in its meeting he
The profit after-tax of Sui Southern Gas Company Limited (SSGC) has declined to Rs 340.6 million in the six months period ended December 31, 2007 as compared to Rs 485.3 million earned in the corresponding period in 2006. The SSGC board, in its meeting he
The profit after-tax of Sui Southern Gas Company Limited (SSGC) has declined to Rs 340.6 million in the six months period ended December 31, 2007 as compared to Rs 485.3 million earned in the corresponding period in 2006. The SSGC board, in its meeting he
The profit after-tax of Sui Southern Gas Company Limited (SSGC) has declined to Rs 340.6 million in the six months period ended December 31, 2007 as compared to Rs 485.3 million earned in the corresponding period in 2006. The SSGC board, in its meeting he
Pakistan People's Party (PPP) co-chairman Asif Ali Zardari met Jamiat Ulamae Islam (JUI) chief Maulana Fazlur Rehman here on Thursday and both leaders agreed to hold further negotiations to cooperate in the incoming parliament.
Pakistan People's Party (PPP) co-chairman Asif Ali Zardari met Jamiat Ulamae Islam (JUI) chief Maulana Fazlur Rehman here on Thursday and both leaders agreed to hold further negotiations to cooperate in the incoming parliament.
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
Federal Caretaker Minister for Law and Justice, Afzal Haider said that the first ever session of the newly elected National Assembly would be convened on March 5 likely according to the scheduled being finalised so far.
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
Federal Caretaker Minister for Law and Justice, Afzal Haider said that the first ever session of the newly elected National Assembly would be convened on March 5 likely according to the scheduled being finalised so far.
A parliamentary party meeting of Pakistan People's Party (Sherpao) was held here Thursday to discuss the current political situation. Chief of PPP (S), Aftab Ahmad Khan Sherpao chaired the meeting at People's House, Peshawar. Party MPAs Pervez Khattak, Si
Caretaker Federal Minister for Information Nisar Memon Thursday assured the Senate that election was purely transparent in accordance with Article 224-7 of the Constitution and rejected opposition blames of pre-planned rigging.
The National Electric Power Regulatory Authority has allowed power distribution companies - Discos - to increase their tariff from 38 paisa to 70 paisa per unit in accordance with biannual fuel adjustment formula.
The National Electric Power Regulatory Authority has allowed power distribution companies - Discos - to increase their tariff from 38 paisa to 70 paisa per unit in accordance with biannual fuel adjustment formula.
The Karachi Port handled 85,236 tonnes cargo including 29,463 tonnes import, 55,773 tonnes export cargo and 3,875 containers (TEUs) during last 24 hours ending at 0700 hours on Thursday. The cargo comprised of 63,886 tonnes dry cargo including 36,084 tonn
The National Electric Power Regulatory Authority has allowed power distribution companies - Discos - to increase their tariff from 38 paisa to 70 paisa per unit in accordance with biannual fuel adjustment formula.
Ghana raised the prices it pays farmers for their cocoa by more than 25 percent on Wednesday in a bid to stop a surge in smuggling and prevent growers from seeking higher profits in neighbouring states.
Fitch Ratings on Thursday said that the Pakistani banking system has, over the last decade, gradually evolved from a weak state-owned system to a slightly healthier and active private sector driven system.
US corn futures ended lower on Wednesday on a technical correction including profit-taking after a rally early this week to record highs, traders said. "Corn right now continues rangebound with an upward bias and waiting for something to happen, and it wi
Fitch Ratings on Thursday said that the Pakistani banking system has, over the last decade, gradually evolved from a weak state-owned system to a slightly healthier and active private sector driven system.
Spot basis bids for soyabeans rose at processors and elevators around the US Midwest on Wednesday while corn bids were mostly steady, grain dealers said. Soyabean dealers tightened their basis bids after a downturn in the futures market cut cash prices by
Fitch Ratings on Thursday said that the Pakistani banking system has, over the last decade, gradually evolved from a weak state-owned system to a slightly healthier and active private sector driven system.
Canadian canola futures were weaker on Wednesday in sympathy with weak US soyabean futures and the strong Canadian dollar, which curbed all but routine exporter and crusher buying, traders said. "The dollar is really hurting export business," a trader sai
A meeting of the Board of Privatisation Commission chaired by Shahzada Alam Monnoo Federal Minister for Privatisation & Investment here Thursday approved the transaction structure for the privatisation of SME Bank and allowed the divestment of 93.88 perce
Hard red winter wheat futures on the Kansas City Board of Trade closed mixed on Wednesday in highly volatile trade, with nearby contracts rallying to record highs near $14 a bushel after plunging in early moves, traders said.
A meeting of the Board of Privatisation Commission chaired by Shahzada Alam Monnoo Federal Minister for Privatisation & Investment here Thursday approved the transaction structure for the privatisation of SME Bank and allowed the divestment of 93.88 perce
Thin business was seen on the forward cottonseed oilcake market on Thursday as many buyers were on the sidelines in process of trading, dealers said. The March vaida opened at Rs 695.00 and closing was seen at the same level, they said.
A meeting of the Board of Privatisation Commission chaired by Shahzada Alam Monnoo Federal Minister for Privatisation & Investment here Thursday approved the transaction structure for the privatisation of SME Bank and allowed the divestment of 93.88 perce
Firmness prevailed on the cotton market on Thursday as mills preferred to continue purchasing inferior quality cotton as prices of the fine types were not matching with their psychological levels. Transaction was higher compared with Wednesday's, dealers
The Ministry of Foreign Affairs has asked the Federal Board of Revenue not to let ships and vessels carrying Taiwan flags touch the Pakistani seaports, as the country does not recognise Taiwan as a separate state, but a part of China.
US Plains hard red winter wheat basis values were mostly steady on Thursday, with some merchants posting 50 cents price protection against an expected steep drop in futures prices. Kansas City Board of Trade HRW wheat futures fell 52 cents overnight after
The Ministry of Foreign Affairs has asked the Federal Board of Revenue not to let ships and vessels carrying Taiwan flags touch the Pakistani seaports, as the country does not recognise Taiwan as a separate state, but a part of China.
The Ministry of Foreign Affairs has asked the Federal Board of Revenue not to let ships and vessels carrying Taiwan flags touch the Pakistani seaports, as the country does not recognise Taiwan as a separate state, but a part of China.
Grams prices were sharply higher on the grain market on Thursday as wheat rates continued to surge in process of trading, dealers said. On the gram side, gram garda Punjab was up by Rs 175 to Rs 3175-3325, gram garda Punjab dal low type was sharply higher
On Thursday BRIndex30 opened in the green zone at 16,960.74, with an upward gap of 39.12 points. It closed at 16,914.48 with a net negative change of -7.14 points and percentage change of -0.04. It showed intra-day high of 17,000.33 and intra-day low of 1
Steady condition has prevailed over the cotton market during the past couple of days with normal turnovers. Due to dwindling stocks and higher advices from the New York cotton futures market for most of this week, spinners kept buying from the little stoc
On Thursday BRIndex30 opened in the green zone at 16,960.74, with an upward gap of 39.12 points. It closed at 16,914.48 with a net negative change of -7.14 points and percentage change of -0.04. It showed intra-day high of 17,000.33 and intra-day low of 1
Steady condition has prevailed over the cotton market during the past couple of days with normal turnovers. Due to dwindling stocks and higher advices from the New York cotton futures market for most of this week, spinners kept buying from the little stoc
The KSE-100 index closed at its new high level of 15,078.19 on Thursday, with a net gain of 58.50 points on the back of strong interest of retail and foreign investors. The KSE-30 index surged by 62.63 points to close at its highest level of 18,644.48 poi
Trade in the Minneapolis Grain Exchange March spring wheat futures contract remained volatile on Tuesday as traders exited positions before the first notice day for deliveries on Friday, traders and analysts said.
The KSE-100 index closed at its new high level of 15,078.19 on Thursday, with a net gain of 58.50 points on the back of strong interest of retail and foreign investors. The KSE-30 index surged by 62.63 points to close at its highest level of 18,644.48 poi