The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved Rs 625 wheat procurement price announced by the Prime Minister last month and directed the provinces to immediately implement the new price to discourage hoarding that plunged th
The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved Rs 625 wheat procurement price announced by the Prime Minister last month and directed the provinces to immediately implement the new price to discourage hoarding that plunged th
The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved Rs 625 wheat procurement price announced by the Prime Minister last month and directed the provinces to immediately implement the new price to discourage hoarding that plunged th
Governor State Bank (SBP) Dr Shamshad Akhtar has urged the new government to take corrective measures on the economy. Well-placed sources told Business Recorder that during the Economic Coordination Committee (ECC) meeting there was a disagreement
Governor State Bank (SBP) Dr Shamshad Akhtar has urged the new government to take corrective measures on the economy. Well-placed sources told Business Recorder that during the Economic Coordination Committee (ECC) meeting there was a disagreement
Governor State Bank (SBP) Dr Shamshad Akhtar has urged the new government to take corrective measures on the economy. Well-placed sources told Business Recorder that during the Economic Coordination Committee (ECC) meeting there was a disagreement
The Karachi share market on Tuesday started on a negative note and the KSE-100 index hit 15,371.09 points intra-day low level, down by 97.65 points. However, finally it managed to close in the positive zone at 15,474.07 points, with a marginal gain of 4.3
The Karachi share market on Tuesday started on a negative note and the KSE-100 index hit 15,371.09 points intra-day low level, down by 97.65 points. However, finally it managed to close in the positive zone at 15,474.07 points, with a marginal gain of 4.3
The Karachi share market on Tuesday started on a negative note and the KSE-100 index hit 15,371.09 points intra-day low level, down by 97.65 points. However, finally it managed to close in the positive zone at 15,474.07 points, with a marginal gain of 4.3
On Tuesday, the BRIndex30 opened at 17,053.78 with a downward gap of 72.34 points. It closed at 17,148.79 with a net positive change of 22.67 points and percentage change of 0.13. It recorded intra-day high of 17,237.86 and low of 16,958.25.
On Tuesday, the BRIndex30 opened at 17,053.78 with a downward gap of 72.34 points. It closed at 17,148.79 with a net positive change of 22.67 points and percentage change of 0.13. It recorded intra-day high of 17,237.86 and low of 16,958.25.
A gas leak killed two people on Tuesday at a heavy water plant run by the Atomic Energy Agency in Punjab, a spokesman for the Agency said. The leak at the Khushab heavy water plant took place during its annual maintenance. The plant was closed at the time
A gas leak killed two people on Tuesday at a heavy water plant run by the Atomic Energy Agency in Punjab, a spokesman for the Agency said. The leak at the Khushab heavy water plant took place during its annual maintenance. The plant was closed at the time
The command and control system for Pakistan's nuclear weapons will stay unchanged under the country's new government, made up of opponents of President Pervez Musharraf, an official said on Tuesday. The nuclear arsenal is overseen by a National Command Au
The command and control system for Pakistan's nuclear weapons will stay unchanged under the country's new government, made up of opponents of President Pervez Musharraf, an official said on Tuesday. The nuclear arsenal is overseen by a National Command Au
Mixed sentiment prevailed at Lahore Stock Exchange on Tuesday where equities moved both ways amid selling pressure because of untoward incident which occurred in the Sindh Assembly on Monday.
Mixed sentiment prevailed at Lahore Stock Exchange on Tuesday where equities moved both ways amid selling pressure because of untoward incident which occurred in the Sindh Assembly on Monday.
Equities showed healthy signs at the Islamabad Stock Exchange (ISE) where bulls dominated the proceedings under the lead of hot favourite amid increase in index. ISE-10 Index was plus by 6.16 points, as it moved from 3,282.38 to 3,276.22 points.
Equities showed healthy signs at the Islamabad Stock Exchange (ISE) where bulls dominated the proceedings under the lead of hot favourite amid increase in index. ISE-10 Index was plus by 6.16 points, as it moved from 3,282.38 to 3,276.22 points.
Japan kept up pressure on the United States on Tuesday over a controversial method used by Washington to deal with unfairly priced imports. Japan is asking a World Trade Organisation panel to rule on whether the United States has complied with previous ru
China has cut this year's overall quota of foreign currency loans over one year that foreign banks may extend, as part of a campaign to rein in excessive credit growth.
Petroleum Minister Muhammad Asif on Tuesday asked the Oil and Gas Regulatory Authority (Ogra) to frame new laws to ensure safety in handling and use of liquid petroleum gas (LPG). He was addressing an LPG exhibition organised here by the Ministry of Petro
Things have gone worse for Shaukat Aziz, as Economic Co-ordination Committee (ECC) on Tuesday held him responsible for economic crisis and strongly supported the proposal of summoning him back for questioning for his government's controversial decisions.
The government should focus on long and short term energy generation projects to overcome energy crisis. Small-scale 50-100 megawatt electricity generation plants should be installed, alternative energy generation like recycling of waste and solar and win
The collectors of customs would put in place an effective mechanism at sea/dry ports to verify tax exemption certificates for checking withholding tax evasion on the clearance of imported consignments. Sources said on Tuesday that (FBR) system allowing ex
Underlining the importance of a well functioning financial sector for economic stability of the country, Prime Minister Syed Yousaf Raza Gilani has said that a strong banking system is an essential ingredient for a vibrant economy.
Underlining the importance of a well functioning financial sector for economic stability of the country, Prime Minister Syed Yousaf Raza Gilani has said that a strong banking system is an essential ingredient for a vibrant economy.
Underlining the importance of a well functioning financial sector for economic stability of the country, Prime Minister Syed Yousaf Raza Gilani has said that a strong banking system is an essential ingredient for a vibrant economy.
A huge difference between the price at which the government agencies buy wheat from growers and sell it to flour mills is mainly instrumental in pushing wheat prices upward, it is observed. The revised procurement price of wheat at Rs 625 per 40-kg has, o
A huge difference between the price at which the government agencies buy wheat from growers and sell it to flour mills is mainly instrumental in pushing wheat prices upward, it is observed. The revised procurement price of wheat at Rs 625 per 40-kg has, o
A huge difference between the price at which the government agencies buy wheat from growers and sell it to flour mills is mainly instrumental in pushing wheat prices upward, it is observed. The revised procurement price of wheat at Rs 625 per 40-kg has, o
Prime Minister Syed Yousuf Raza Gilani on Tuesday reallocated the portfolios of two federal ministers, including Chaudhry Nisar Ali Khan and Farooq H. Naek.
Prime Minister Syed Yousuf Raza Gilani on Tuesday reallocated the portfolios of two federal ministers, including Chaudhry Nisar Ali Khan and Farooq H. Naek.
The Federal Board of Revenue (FBR) has started an exercise to ascertain the cumulative value of wealth in Pakistan for devising a policy for bringing potential sectors in the tax net during the coming budget (2008-2009).
The Federal Board of Revenue (FBR) has started an exercise to ascertain the cumulative value of wealth in Pakistan for devising a policy for bringing potential sectors in the tax net during the coming budget (2008-2009).
The Federal Board of Revenue (FBR) has started an exercise to ascertain the cumulative value of wealth in Pakistan for devising a policy for bringing potential sectors in the tax net during the coming budget (2008-2009).
The Regional Tax Office (RTO) Karachi has collected Rs 61.445 billion as taxes from its registered taxpayers during the first nine months of the current fiscal year. According to the statistics, the RTO posted a growth of 16 percent in collection as compa
A deed of agreement (DoA) for academic collaboration between Iqra University (IU) and the Institute for Rural Management (IRM) Islamabad was signed here on Tuesday.
Dozens of workers at a factory in Karachi beat to death a Hindu colleague on Tuesday for alleged blasphemy, officials said. Jagdish Kumar, 27, was tortured and killed at the leather factory in Karachi for allegedly making derogatory remarks about the Prop
A total of 353 legislators, elected to Punjab Assembly in the polls held on February 18, would take oath here on Wednesday. Speaker of the previous assembly Muhammad Afzal Sahi will administer the oath to the legislators. The total strength of Punjab Asse
The Punjab government has replaced Punjab Home Secretary on Tuesday, which is part of the current reshuffling of the Punjab bureaucracy. An official at the Punjab Civil Secretariat said Small Industries Corporation Managing Director Nadeem Hassan Asif had
Pakistan's exports are under tremendous pressure at the moment and it could be eased out if expatriate Pakistanis living in the United Kingdom come forward and join hands with their Pakistani counterparts. This was stated by LCCI President Mohammad Ali Mi
The Directorate General of Customs Valuation, Custom House, Karachi, has revised customs values on the import of split type air conditioners from China, Far East countries excluding Japan for accurate assessment of customs duty.
Income Tax Bar Association Karachi (ITBAK) and Nutshell Forum will organise South Asian Tax Summit at a local hotel on April 15 and 16. Prominent tax professionals from all the Saarc countries will read papers during the different sessions of two day Sout
Pakistan and France have agreed to accelerate military co-operation between the two countries and offered military courses and training assistance for all the three organs of defence.
Minister for Social Welfare, Khawaja Mohammad Khan Hoti has directed to check the misuse of funds allocated for Pakistan Bait-ul-Maal projects and Food Support Programme (FSP).
As many as 1.29 million children were vaccinated in the district of Jhang during the anti-measles campaign, said Health Executive District Officer (EDO), Dr Muhammad Ashraf Javed.
The Punjab Food Department has suspended the wheat quota for more than 70 flourmills in the province after being found guilty of irregularities. A department spokesman said on Tuesday that this action came after the flour men were found guilty of smugglin
'Consumers Court' has started functioning here in Multan and complaints regarding substandard materials, misleading advertisements, adulterated eatables, unhygienic drinks and food items, and overcharging prices are being entertained under Punjab Consumer
DCO Muzaffargarh Dr Akhter Nazir Warriach, while terming the brick-lining of watercourses a milestone initiative, has directed concerned officials to expedite the pace of work to ensure earliest relief to farmers. He was addressing a meeting here to revie
The government will have to spend about Rs 100 billion on the import of 3 million tons wheat to meet the production shortfall and Rs 50 billion on provision of flour at subsidised rates during 2008-09.
The government is in process of preparing a comprehensive summary for repealing all anti-media laws, said Federal Minister for Information and Broadcasting Sherry Rehman, at a meeting with a six-member-media delegation of France here on Tuesday.
The new government has decided to constitute a tripartite commission, comprising government representatives, newspapers owners and journalist unions to find out amicable ways to implement the long -disputed Wage Board Award, official sources told Busin
The public sector spending on tuberculosis (TB) control has exceeded to Rs one billion, said Khushnood Lashari, Secretary Health, in a press conference held here on Tuesday.
Defence Minister, Chaudhry Ahmed Mukhtar has said that government would meet every requirement of its armed forces to make defence of the country impregnable. "We will fulfil defence needs of the country on priority basis to keep the frontiers safe and se