Former Secretary of State, Madeleine Albright has advised President-elect Barack Obama to help expand Pakistan, Afghanistan co-operation as part of efforts to curb militancy in the region and also work towards cancelling out the depiction that the United
Federal Minister for Communications Dr Arbab Alamgir Wednesday said that National Highway Authority (NHA) has been directed to complete all the under construction projects on priority basis. Motorway police will be equipped with modern instruments and Con
The Supreme Court will resume hearing in Sharif brothers' eligibility case on Thursday to reach a conclusion in the governments' appeal against Lahore High Court (LHC) judgement, which had barred Pakistan Muslim League-N chief Nawaz Sharif from contesting
The Punjab Transport Department (PTD) has so far registered 37 manufacturers of 4-storke CNG rickshaw and placed them on the loaning panel of the Punjab Small Industries Corporation (PSIC).
Pakistan Air Force (PAF) will induct 36, CF-20, high-tech combat aircrafts in its fleet by 2010. These, 21st century, 5th generation, aircrafts of Chinese origin will provide an extra punch to the air force after induction, said Air Chief Marshal Tanvir M
The Capital Development Authority will auction the old air-conditioning units of Parliament Lodges. It was decided in the CDA Board meeting held here on Wednesday. The meeting was presided by CDA Chairman Tariq Mehmood Khan and attended by senior official
A national campaign "20 to 20: Protect Us, provide Us, involve Us" amid approval of the Child Protection Bill, ratification of Minimum Care Standards in institutions and for the effective implementation of ban on corporal punishment to protect children fr
The Joint Investigation Team (JIT) probing the deadly Marriott Hotel suicide truck blast, succeeded in finding the clue regarding the mastermind of September 20 blast, which claimed more than 80 lives. After investigation of detained accused in the Hotel
Federal Investigation Agency (FIA) on Wednesday arrested at least three persons for printing and selling out fake share certificates worth millions of rupees in the stock market. According to sources the FIA recovered fake share certificates (both filled
Federal Investigation Agency (FIA) on Wednesday arrested at least three persons for printing and selling out fake share certificates worth millions of rupees in the stock market. According to sources the FIA recovered fake share certificates (both filled
Federal Investigation Agency (FIA) on Wednesday arrested at least three persons for printing and selling out fake share certificates worth millions of rupees in the stock market. According to sources the FIA recovered fake share certificates (both filled
An Indian warship has destroyed a pirate "mother vessel" after a battle off the coast of Somalia, officials said Wednesday. Navy spokesman Nirad Sinha said a stealth frigate, the INS Tabar, open fire on the ship in the Gulf of Aden late Tuesday after comi
An Indian warship has destroyed a pirate "mother vessel" after a battle off the coast of Somalia, officials said Wednesday. Navy spokesman Nirad Sinha said a stealth frigate, the INS Tabar, open fire on the ship in the Gulf of Aden late Tuesday after comi
The Competition Commission of Pakistan (CCP) has decided to examine issue of exorbitant Hajj fare being charged by two international airlines. Sources told Business Recorder that the issue of expensive international air travel tickets being offered
The Competition Commission of Pakistan (CCP) has decided to examine issue of exorbitant Hajj fare being charged by two international airlines. Sources told Business Recorder that the issue of expensive international air travel tickets being offered
The Competition Commission of Pakistan (CCP) has decided to examine issue of exorbitant Hajj fare being charged by two international airlines. Sources told Business Recorder that the issue of expensive international air travel tickets being offered
China to build a power generating unit at Tunsa Barrage to help meet growing energy demand of the Punjab province. A Memorandum of Understanding in this regard was signed between Dongfang Electric Corporation (DEC) of Sichuan and Punjab government in the
China to build a power generating unit at Tunsa Barrage to help meet growing energy demand of the Punjab province. A Memorandum of Understanding in this regard was signed between Dongfang Electric Corporation (DEC) of Sichuan and Punjab government in the
China to build a power generating unit at Tunsa Barrage to help meet growing energy demand of the Punjab province. A Memorandum of Understanding in this regard was signed between Dongfang Electric Corporation (DEC) of Sichuan and Punjab government in the
The international donors pledged an initial financial assistance, amounting to 328 million dollars for construction of 969 MW Neelum-Jehlum hydroelectric project. This announcement was made in a meeting attended by the delegates of Islamic Development Ban
The international donors pledged an initial financial assistance, amounting to 328 million dollars for construction of 969 MW Neelum-Jehlum hydroelectric project. This announcement was made in a meeting attended by the delegates of Islamic Development Ban
The international donors pledged an initial financial assistance, amounting to 328 million dollars for construction of 969 MW Neelum-Jehlum hydroelectric project. This announcement was made in a meeting attended by the delegates of Islamic Development Ban
A major al Qaeda operative of Arab origin was among the five militants killed in a suspected US missile strike in north-west Pakistan, a senior security official told AFP Wednesday. Security sources identified the militant as Abdullah Azam Al-Saudi, a sen
A major al Qaeda operative of Arab origin was among the five militants killed in a suspected US missile strike in north-west Pakistan, a senior security official told AFP Wednesday. Security sources identified the militant as Abdullah Azam Al-Saudi, a sen
The British companies have shown tremendous interest in participating privatisation process, says a press release of the commission issued on Wednesday. Robert Brinkley, British High Commissioner to Pakistan expressed these views during a meeting with Sye
The auto assemblers witnessed a massive decline in the profitability in the quarter ended on September 30, 2008 as the four companies posted a loss of Rs 342 million against net profit of Rs 1,440 million earned in the corresponding period of last year.
The auto assemblers witnessed a massive decline in the profitability in the quarter ended on September 30, 2008 as the four companies posted a loss of Rs 342 million against net profit of Rs 1,440 million earned in the corresponding period of last year.
The auto assemblers witnessed a massive decline in the profitability in the quarter ended on September 30, 2008 as the four companies posted a loss of Rs 342 million against net profit of Rs 1,440 million earned in the corresponding period of last year.
Seven Indian army soldiers and a local porter were feared dead after two avalanches hit near the line dividing Kashmir between India and Pakistan, police said Wednesday. The soldiers went missing while attempting to rescue a porter caught in an earlier sn
Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (November 19, 2008).
Seven Indian army soldiers and a local porter were feared dead after two avalanches hit near the line dividing Kashmir between India and Pakistan, police said Wednesday. The soldiers went missing while attempting to rescue a porter caught in an earlier sn
The Ministry of Finance has not yet communicated about available resource envelop to Planning Commission in a bid to give them chance for reprioritising development schemes of all ministries/divisions amid existing difficult financial position, it is lear
Pakistan has provided information to Iran regarding specifications of furnace oil, consumption, and jetty conditions for the provision of furnace oil on deferred payment for a three-month period. Iran has formally agreed to provide furnace oil on deferred
Pakistan has provided information to Iran regarding specifications of furnace oil, consumption, and jetty conditions for the provision of furnace oil on deferred payment for a three-month period. Iran has formally agreed to provide furnace oil on deferred
Pakistan has provided information to Iran regarding specifications of furnace oil, consumption, and jetty conditions for the provision of furnace oil on deferred payment for a three-month period. Iran has formally agreed to provide furnace oil on deferred
Contributions to the new Fund would come from the financial institutions backed by the guarantee of the federal government, thus any risk and reward would in turn belong to the government of Pakistan," NIT spokesman said in a statement issued here on Wedn
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
Contributions to the new Fund would come from the financial institutions backed by the guarantee of the federal government, thus any risk and reward would in turn belong to the government of Pakistan," NIT spokesman said in a statement issued here on Wedn
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
Contributions to the new Fund would come from the financial institutions backed by the guarantee of the federal government, thus any risk and reward would in turn belong to the government of Pakistan," NIT spokesman said in a statement issued here on Wedn
Contributions to the new Fund would come from the financial institutions backed by the guarantee of the federal government, thus any risk and reward would in turn belong to the government of Pakistan," NIT spokesman said in a statement issued here on Wedn
The Karachi Port handled 103,011 tonnes of cargo including 52,384 tonnes of import, 50,627 tonnes of export, 5,421 loaded and empty containers (TEUs) during last 24 hours ending at 0700 hours on Wednesday.
Punjab Chief Minister Shahbaz Sharif on Wednesday inaugurated seminar on investment in China's industrial city, and witnessed several agreements signed between the Punjab government and Chinese companies. The Chief Minister evinced keen interest in the po
US FOB Gulf corn basis offers fell on Tuesday continuing a week-long decline due to a lack of export demand and lower prices on interior rivers, while soyabeans held steady, traders said. Corn for December shipment offered at 48 cents a bushel premium to
The head of the International Monetary Fund, Dominique Strauss-Kahn repeated on Wednesday that governments should use extra budgetary stimulus measures to support flagging economic growth. Speaking before the Economic and Social Council, an assembly that
South African farmers delivered more maize to silos last week, raising the total amount of maize brought to market so far this season to 11.23 million tonnes, data showed on Wednesday. Farmers submitted 8,000 tonnes of white maize and 9,000 tonnes of yell
Chief executives of leading US companies called for a fiscal stimulus package worth at least $300 billion and urged president-elect Barack Obama to swiftly name his economic team. Dozens of chief executives met at the Wall Street Journal CEO Council event
Malaysia's 2009 palm oil output will rise only marginally following years of rapid growth, Hamburg-based oilseeds analysts Oil World said on Tuesday. Malaysia will produce 17.60 million tonnes of palm oil in calendar year 2009 against an estimated 17.56 m
The Bank of Canada sees a greater risk of recession in Canada than it did just one month ago as the global financial crisis ripples through the economy, Governor Mark Carney said on Wednesday. In a speech in London, Carney repeated that the central bank w
Russia exported 2.69 million tonnes of grain in October versus 2.97 million tonnes in September, the first month-on-month decline this season, and shipments are set to drop further to 1.1-1.3 million tonnes in November. Wheat exports in October totalled 2
US securities regulators on Wednesday delayed action on adopting stricter rules to rein in the credit rating agencies until December 3. The Securities and Exchange Commission had planned on addressing a number of new disclosure rules for the rating agenci
ICE Canadian canola futures closed higher on Tuesday in a mostly thin session with farmer selling and scattered crusher interest noted, traders said. January canola closed up $1.50 per tonne at $419.50 and volume totalled 4,345 lots.
Unemployment in Brazil edged lower in October to near the lowest level on record, helped by increased hiring in the construction and services sectors, government data showed on Wednesday. The jobless rate fell to 7.5 percent last month from 7.6 percent in
Brazil is likely to harvest 59.0 million tonnes of soyabeans in early 2009, down one million tonnes from the previous forecast in October, Hamburg-based oilseeds analysts Oil World said on Tuesday. In 2008 Brazil harvested 60 million tonnes of soyabeans.
China will offer more tax and fee breaks for textile, garment and some other light industrial firms to help them weather drooping external demand, the state council, or the cabinet, said on Wednesday. Since July, China has twice increased refunds of value
Kenyan tea prices fell for the fourth straight week at this week's auction, but there were signs of improving demand, market players said on Wednesday. "Demand showed a slight improvement for the 119,216 packages on offer with prices declining further and
ISE-10 Index did not observe any change during Wednesday's dull session at Islamabad Stock Exchange (ISE) where players remained on the sidelines to avoid losses. ISE-10 Index closed at 1,998.14 points by the end of trading session. The volume of trade st
US wheat futures ended lower on Tuesday, weighed down by dull demand, expectations for a record-large world wheat crop, and spillover pressure from a late slide in crude oil and the stock market, traders said. An early short-covering rally that helped lif
ISE-10 Index did not observe any change during Wednesday's dull session at Islamabad Stock Exchange (ISE) where players remained on the sidelines to avoid losses. ISE-10 Index closed at 1,998.14 points by the end of trading session. The volume of trade st
Bearish sentiment was again witnessed on the cotton market on Wednesday as spot rate and prices drifted lower in process of trading, dealers said. The official spot rate failed to retain its overnight firmness, slashed by Rs 50 at Rs 2950, they said.
Lack of interest on the part of the investors, traders and institutions seized the stock business in Lahore on Wednesday as no share was traded, creating a historic sheet in the record of the Lahore Stock Exchange (LSE). The LSE-25 index remained unchange
Lack of interest on the part of the investors, traders and institutions seized the stock business in Lahore on Wednesday as no share was traded, creating a historic sheet in the record of the Lahore Stock Exchange (LSE). The LSE-25 index remained unchange
Wheat prices continued slide for the second consecutive day in a row and some other items also tended lower in process of thin business, dealers said. On the cereal side, except wheat, which lost Rs 55 to Rs 2825-2840, other commodity items did not move a
On Wednesday, BRIndex30 remained unchanged throughout the trading time. It opened at 8,995.65 and closed at 8,995.65. The volume was 300 as against 182,000 recorded by KSE-All Share and 1,300 recorded by KSE-100 Indices. BR Cement Index closed at 893.79 w