The Sindh Provincial Food Department (PFD) has accepted that it has no authority to issue clearance certificate in the case of import of crude de-gummed soyabean oil (not suitable for human consumption in its present form).
The Sindh Provincial Food Department (PFD) has accepted that it has no authority to issue clearance certificate in the case of import of crude de-gummed soyabean oil (not suitable for human consumption in its present form).
Britain has lifted a ban on exporting sensitive nuclear technology to India for civilian projects, it said Monday, after an international accord to relax rules in September. Since 2002, Britain has refused all export licence applications for so-called "Tr
Britain has lifted a ban on exporting sensitive nuclear technology to India for civilian projects, it said Monday, after an international accord to relax rules in September. Since 2002, Britain has refused all export licence applications for so-called "Tr
The support price of cotton will be approved in the coming meeting of the Federal Cabinet for which the Food Ministry has already moved a summary to the Prime Minister, well-placed sources told Business Recorder here on Monday.
The support price of cotton will be approved in the coming meeting of the Federal Cabinet for which the Food Ministry has already moved a summary to the Prime Minister, well-placed sources told Business Recorder here on Monday.
The support price of cotton will be approved in the coming meeting of the Federal Cabinet for which the Food Ministry has already moved a summary to the Prime Minister, well-placed sources told Business Recorder here on Monday.
An expected IMF loan package is likely to include an interest rate increase of up to 150 basis points, a government official who declined to be identified said on Monday. Pakistan is facing a balance-of-payments crisis and has been in talks with the Inter
An expected IMF loan package is likely to include an interest rate increase of up to 150 basis points, a government official who declined to be identified said on Monday. Pakistan is facing a balance-of-payments crisis and has been in talks with the Inter
An expected IMF loan package is likely to include an interest rate increase of up to 150 basis points, a government official who declined to be identified said on Monday. Pakistan is facing a balance-of-payments crisis and has been in talks with the Inter
Last week's sentiment depressed continued on Lahore Stock Exchange on Monday and the index remained unchanged amid marginaly improved trading turnover. The LSE-25 index witnessed no change and stayed glued to its last week closing level of 2825.36.
Last week's sentiment depressed continued on Lahore Stock Exchange on Monday and the index remained unchanged amid marginaly improved trading turnover. The LSE-25 index witnessed no change and stayed glued to its last week closing level of 2825.36.
Equities continued to show negative signs at the Islamabad Stock Exchange (ISE) on Monday where ISE-10 Index did not observe any change by the end of current session amid no change in index. ISE-10 Index closed at 2,003.17 without observing any change by
Equities continued to show negative signs at the Islamabad Stock Exchange (ISE) on Monday where ISE-10 Index did not observe any change by the end of current session amid no change in index. ISE-10 Index closed at 2,003.17 without observing any change by
China defended itself against allegations of torture before a United Nations' watchdog on Monday, saying it had "zero tolerance" for abuses in its police stations, jails and on the streets.
Economy Monitoring Committee (EMC) has directed the Ministry of Food, Agriculture and Livestock (Minfal) to distribute wheat stocks judiciously amongst the provinces. EMC which met with Shaukat Tarin, Adviser to Prime Minister on Finance in the chair on M
The former President of Arif Habib Bank Limited, Kamaluddin Khan has been appointed as Chief Executive of Pak-Libya Investment Company Limited. Kamal resigned just last week from AHBL after its take-over by Hussain Lawai. Kamal also worked for the French
The former President of Arif Habib Bank Limited, Kamaluddin Khan has been appointed as Chief Executive of Pak-Libya Investment Company Limited. Kamal resigned just last week from AHBL after its take-over by Hussain Lawai. Kamal also worked for the French
The former President of Arif Habib Bank Limited, Kamaluddin Khan has been appointed as Chief Executive of Pak-Libya Investment Company Limited. Kamal resigned just last week from AHBL after its take-over by Hussain Lawai. Kamal also worked for the French
The Sindh Provincial Food Department (PFD) has accepted that it has no authority to issue clearance certificate in the case of import of crude de-gummed soyabean oil (not suitable for human consumption in its present form).
The Vice Chancellor, Karachi University, Pirzada Qasim Raza Siddiqui, has said that the changing financial situations in the world demand that our businessmen and finance experts are abreast with their financial responsibilities. This he said while addres
Compelling repercussions of the international global crisis on the Third World, specifically Pakistan, were shared by some of the well-known academics at the Institute of Business and Technology (Biztek) seminar held recently.
The economic experts on Monday demanded of the government to hold a joint open session of the parliament to discuss the conditionalities of the International Monetary Fund (IMF) to the borrowers along with developing a national consensus on economic crisi
The e-filing of sales tax and federal excise returns has enabled the Federal Board of Revenue (FBR) to obtain credentials about the buyers and sellers of the registered persons, bringing potential suppliers/purchasers into the sales tax net.
'It is not only the Federally Administered Tribal Areas (Fata), the whole country is gripped by the scourge of terrorism,' the Advisor to the Prime Minister on Interior, Rehman Malik has said. The government is not oblivious of these developments and all-
Federal Minister for Law and Justice Farooq H Naek on Monday offered deposed judges including Chief Justice Iftikhar Muhammad Chaudhry for a fresh oath saying the government would keep their seniority intact. Addressing the media after a meeting at Federa
Asian Development Bank's Country Director Rune Stroem said on Monday that there was no deep and wide thinking in government circles about renewable energy despite availability of sufficient funds by the bank.
Dr Shamshad Akhtar, country's first female Governor of the State Bank of Pakistan, has been named amongst the top ten women leaders in Asia by the coveted Wall Street Journal (WSJ) Asia. WSJ Asia has compiled a list of Asia-based women, focu
The 14th International course on operation and maintenance of construction machinery held by Japan International Co-operation Agency (Jica) in collaboration with Ministry of Communications from November 03 to December 02. The opening ceremony will be held
After the realisation of problems being faced by importers, due to hike in valuation advice, Member Customs Afzal Bhatti on Monday constituted a committee to seek out real problems and will submit it report to Chairman Federal Board of Revenue (FBR), B
The Bestway Group (BG) has decided to convert their United Bank Limited GDRs aggregating 14.08 million into ordinary shares subject to approval from the State Bank of Pakistan. In a notice sent to Karachi Stock Exchange here on Monday, UBL said.
The Bestway Group (BG) has decided to convert their United Bank Limited GDRs aggregating 14.08 million into ordinary shares subject to approval from the State Bank of Pakistan. In a notice sent to Karachi Stock Exchange here on Monday, UBL said.
The Bestway Group (BG) has decided to convert their United Bank Limited GDRs aggregating 14.08 million into ordinary shares subject to approval from the State Bank of Pakistan. In a notice sent to Karachi Stock Exchange here on Monday, UBL said.
The Bestway Group (BG) has decided to convert their United Bank Limited GDRs aggregating 14.08 million into ordinary shares subject to approval from the State Bank of Pakistan. In a notice sent to Karachi Stock Exchange here on Monday, UBL said.
Gold moved up by Rs 51 to Rs 20,271 per 10 grams in the local market on Monday as its international price also surged to $7527 an ounce, sources said. Silver also inched up at Rs 308 per 10 grams.
G R Arshad, honorary Consul General of Somalia, Life Chairman, Action Committee, All Pakistan Textile Processing Mills Association, Life member of the Federation of Pakistan Chambers of Commerce and Industry, former President of All Pakistan Textile Proce
Elections to the senate, under the University of Karachi Act 1972 from the constituency of college teachers would be held on December 06, 2008. The polling would be held from 9:30am to 4:00pm at Government Islamia Arts, Commerce College, Near Guru Mandar
Businessmen Group (BMG) members have elected Siraj Kassim Teli as Chairman of the BMG. In a meeting of the Group held recently, the members of the BMG also elected Vice Chairmans including Tahir Khaliq from Urdu community, Zubair Motiwala from Gujrati com
Chief Minister Punjab Mian Shahbaz Sharif called on Prime Minister Syed Yousuf Raza Gilani at the PM's House on Monday evening. He apprised the Prime Minister of various development and public welfare schemes underway in Punjab. He also updated him on the
A new combination vaccine that will protect children from the bacterium Hib (Haemophilus influenzae type B), the most common cause of deadly pneumonia and meningitis, and four other common childhood diseases, is being introduced by the government this mon
The Punjab Emergency Service (Rescue 1122) has started three-day workshop for air hostess and stewards to create awareness regarding effective management of emergencies in case of any unforeseen. Forty air hostess and stewards of PIA participated in this
Roger Federer got his quest for a fifth Masters Cup title off to the worst possible start with a 4-6 6-4 6-3 defeat at the hands of Frenchman Gilles Simon on Monday. The Swiss top seed, who withdrew from the Paris Masters 11 days ago with a back injury, m
Sri Lanka's government rejected the latest Tamil Tiger truce offer out of hand on Monday, again demanding the separatist rebels surrender or be destroyed by a military offensive rapidly gaining ground. The Liberation Tigers of Tamil Eeelam (LTTE) at the w
A Kuwait court on Monday handed down two more death sentences on an Egyptian man accused of abducting and raping 17 children, bringing the total to eight death sentences, a legal source said. Jihad al-Saadi, 27, was arrested in July last year as he prepar
France's top annual book prize, the Goncourt, was awarded Monday to Afghan writer and refugee Atiq Rahimi, best known for his novel turned into a film "Earth and Ashes." The prize-winning "Syngue Sabour," or Stone of Patience, focuses on the plight of Afg
President Hamid Karzai on Monday fired his transport minister and ordered the attorney general's office to investigate his handling of lucrative contracts to take 30,000 Afghans to Makkah for the hajj. Hamidullah Qaderi was sacked at a cabinet meeting for
Heavily armed Somali gunmen kidnapped two European nuns on Monday during a pre-dawn raid on a remote Kenyan border town, witnesses said. Somalia is one of the most dangerous countries in the world for aid workers, who are often abducted or killed in attac
The European Union launched Monday a security operation off the coast of Somalia - its first-ever naval mission - to combat growing acts of piracy and help protect aid ships. Dubbed Operation Atalanta, the mission, endorsed by the bloc's defence ministers
South African singer Miriam Makeba, one of Africa's best known voices and a champion of the fight against apartheid during three decades in exile, has died of a heart attack after a concert in Italy. She was 76. Known as "Mama Africa" and the "Empress of
Fourteen Afghan security guards were killed in a clash with US-led troops, the government said Monday, while the military insisted they were suspected militants who had fired first. Three destroyed vehicles at the scene after the fighting in the eastern p
Outgoing Prime Minister Ehud Olmert said on Monday Israel must give up most of the Palestinian territories it has occupied since 1967, including east Jerusalem, if it wants peace. "If we are determined to preserve the Jewish and democratic character of th
The UN nuclear watchdog is drafting an investigative report on Syria for the first time, suggesting to Western diplomats the agency has found some sign of undeclared activity at a site bombed by Israel last year. Moreover, Syria has been made an official
Two car bombs exploded in central Baghdad on Monday and a suicide bomber blew himself up among police and civilians who rushed to help the wounded, a triple strike that killed 28 people and wounded 68. In another attack, in Baquba, capital of volatile nor
A relative of Yasser Arafat insisted on Monday that the Palestinian leader who died four years ago this week was poisoned by Israel. "Every day there are statements and clues about the elimination of Arafat and every day we draw closer to the poisoning th
A Bangladesh Special Court sent on Monday four former ministers, and key allies of ex-prime minister Begum Khaleda Zia, to jail until a court hearing later this week for alleged graft, court officials said. They are from the Bangladesh Nationalist Party (
Britons' trust in their political masters is waning, with an growing belief that ministers are interested in power for their own gain, a government advisory body said on Monday. While people have confidence in the honesty of public service professionals s
Sterling hit a record low against the euro on Monday as investors worried over a bleak economic outlook and prospects of more monetary policy easing after the Bank of England's dramatic interest rate cut last week. The euro briefly hit a lifetime high of
The euro climbed on Monday after China announced major initiatives to stimulate its economy, which cooled risk aversion and boosted share prices while putting the dollar and the yen under selling pressure. European shares rose roughly 3 percent, tracking
The flow of funds through global money markets picked up on Monday as banks trimmed the rate at which they lend to each other, indicating that the worst of the global financial crisis, if not the economic one, may be over.
The Indian rupee strengthened on Monday as solid gains in the domestic share market renewed hopes for fresh capital inflows, but dollar demand from importers and oil firms capped gains. The partially convertible rupee closed at 47.35/37 per dollar, 0.6 pe