The price of Liquefied Petroleum Gas (LPG) has been raised by Rs 120 per 45.4kg cylinder on Friday, traders said. Business Recorder has learnt that marketing companies have increased the LPG prices by Rs 3 per kg and Rs 30 to Rs 35 per 11.8kg cylin
Pulses importers have demanded of the new Governor of the State Bank of Pakistan for removal of 35 percent LC margin for import of pulses, saying that rupee devaluation had already made the commodity import costlier.
Twice in a row, the powerful HP BladeSystem C-class server has dominated the 'Top 500' list of the world's largest supercomputing installations, by delivering a flexible architecture that provides customers with measurable cost, space and energy savings,
A delegation of Rice Exporters Association of Pakistan (Reap) led by its Chairman Abdul Rahim Janoo will meet Prime Minister Yousuf Raza Gilani on Saturday (today). The delegation will apprise the PM about current rice scenario, production, export target
A number of projects of civic amenities' provision will begin soon in Tehsil Liaqutpur to render this town a model city. District Co-ordination Officer Rahim Yar Khan, Dr Raheel Siddiqui said here while talking to reporters on Friday. "A grant of Rs 50 mi
LPG Distrib-utors Association of Pakistan (LPGDAP) has said that the Liquefied Petroleum Gas (LPG) is being sold above the prices fixed by the Oil and Gas Regulatory Authority (Ogra), in different cities of the country.
Federal Minister for Housing and Works Rahmatullah Kakar has extended all sorts of help for the victims of Karachi fire in which more than 30 persons including women and children are burnt alive and about two dozen huts reduced to ash.
The students of Sir Syed University of Engineering and Technology (SSUET) have developed a Braille system that works on the basis of micro-controller. The Micro-controller-based Braille system is a tactile communication mode that uses the mobile and other
The volume of trade between Pakistan and Italy, Mexico, Kenya, Brazil, Malaysia and other countries is not up to full potential while these countries present offer plenty of opportunities to enhance bilateral trade. This was stated by Anis Ahmed Sheikh, P
A Pakistani businessman, depressed by the impact of the economic crisis, killed himself with an electric saw by almost severing his head at his Sharjah home, Al-Ittihad newspaper said on Friday. The unnamed man, aged 60, was the boss of several constructi
Reaffirming Pakistan's commitment to eradicate the scourge of extremism and terrorism, Prime Minister Syed Yousuf Raza Gilani on Friday called upon US to deliver on its promised assistance for building the capacity of Pakistan's paramilitary forces.
Indian inflation fell more than expected to a 10-month low in late December and is seen heading sharply lower on the back of an expected fuel price cut, giving authorities greater freedom to prop up stumbling growth.
Indian inflation fell more than expected to a 10-month low in late December and is seen heading sharply lower on the back of an expected fuel price cut, giving authorities greater freedom to prop up stumbling growth.
Indian inflation fell more than expected to a 10-month low in late December and is seen heading sharply lower on the back of an expected fuel price cut, giving authorities greater freedom to prop up stumbling growth.
The European Central Bank is considering an increased supervisory role in Europe''s financial sector, ECB President Jean-Claude Trichet said on Friday. He said the Frankfurt-based ECB was looking at taking a bigger hand supervision and could act as an aut
The European Central Bank is considering an increased supervisory role in Europe's financial sector, ECB President Jean-Claude Trichet said on Friday. He said the Frankfurt-based ECB was looking at taking a bigger hand supervision and could act as an auth
The European Central Bank is considering an increased supervisory role in Europe's financial sector, ECB President Jean-Claude Trichet said on Friday. He said the Frankfurt-based ECB was looking at taking a bigger hand supervision and could act as an auth
The United States and Georgia signed a strategic partnership accord here Friday in a reaffirmation of US support for Georgia's sovereignty after its war with Russia in August.
The United States and Georgia signed a strategic partnership accord here Friday in a reaffirmation of US support for Georgia's sovereignty after its war with Russia in August.
The chairman of Satyam Computer Services was arrested on Friday on charges of cheating and forgery, and the government dissolved the outsourcer''s board as authorities moved to limit fallout from India''s biggest corporate scandal. Chairman Ramalinga Raju
The chairman of Satyam Computer Services was arrested on Friday on charges of cheating and forgery, and the government dissolved the outsourcer's board as authorities moved to limit fallout from India's biggest corporate scandal. Chairman Ramalinga Raju,
The chairman of Satyam Computer Services was arrested on Friday on charges of cheating and forgery, and the government dissolved the outsourcer's board as authorities moved to limit fallout from India's biggest corporate scandal. Chairman Ramalinga Raju,
Germany promised a hands-off approach to Commerzbank on Friday after taking a 25 percent stake in the lender in the country''s first part-nationalisation of a bank since the Second World War. Berlin agreed on Thursday to inject 10 billion euros ($13.68 bi
Germany promised a hands-off approach to Commerzbank on Friday after taking a 25 percent stake in the lender in the country's first part-nationalisation of a bank since the Second World War. Berlin agreed on Thursday to inject 10 billion euros ($13.68 bil
Germany promised a hands-off approach to Commerzbank on Friday after taking a 25 percent stake in the lender in the country's first part-nationalisation of a bank since the Second World War. Berlin agreed on Thursday to inject 10 billion euros ($13.68 bil
The Federal Reserve''s dramatic dumping of money into the economy poses inflation risks down the road, and the central bank may need to raise interest rates before credit markets have completely recovered, Richmond Fed President Jeffrey Lacker said on Fri
The Federal Reserve's dramatic dumping of money into the economy poses inflation risks down the road, and the central bank may need to raise interest rates before credit markets have completely recovered, Richmond Fed President Jeffrey Lacker said on Frid
The Federal Reserve's dramatic dumping of money into the economy poses inflation risks down the road, and the central bank may need to raise interest rates before credit markets have completely recovered, Richmond Fed President Jeffrey Lacker said on Frid
Standard & Poor''s warned Greece and Ireland on Friday it could cut their sovereign debt ratings as the global slowdown brought an abrupt end to years of solid growth and placed public finances under increasing strain.
Standard & Poor's warned Greece and Ireland on Friday it could cut their sovereign debt ratings as the global slowdown brought an abrupt end to years of solid growth and placed public finances under increasing strain.
Standard & Poor's warned Greece and Ireland on Friday it could cut their sovereign debt ratings as the global slowdown brought an abrupt end to years of solid growth and placed public finances under increasing strain.
Chinese insurance company, Sinosure, has sought security assurance and Government of Pakistan (GoP) guarantee of repayment for the power projects to be established with Chinese investment, official sources told Business Recorder.
Chinese insurance company, Sinosure, has sought security assurance and Government of Pakistan (GoP) guarantee of repayment for the power projects to be established with Chinese investment, official sources told Business Recorder.
Chinese insurance company, Sinosure, has sought security assurance and Government of Pakistan (GoP) guarantee of repayment for the power projects to be established with Chinese investment, official sources told Business Recorder.
Canadian employers cut more jobs than expected in December for the second straight month and the unemployment rate jumped to its highest since January 2006 in a sign that the economy has likely slipped into a recession.
Canadian employers cut more jobs than expected in December for the second straight month and the unemployment rate jumped to its highest since January 2006 in a sign that the economy has likely slipped into a recession.
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
Canadian employers cut more jobs than expected in December for the second straight month and the unemployment rate jumped to its highest since January 2006 in a sign that the economy has likely slipped into a recession.
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
Apropos a news item, "New LPG price formula prepared to benefit one firm," carried by Business Recorder on January 8, 2009, the LPG Association of Pakistan has clarified that the source cited in the story claims that the two-tier LPG retail pricing
Apropos a news item, "New LPG price formula prepared to benefit one firm," carried by Business Recorder on January 8, 2009, the LPG Association of Pakistan has clarified that the source cited in the story claims that the two-tier LPG retail pricing
Apropos a news item, "New LPG price formula prepared to benefit one firm," carried by Business Recorder on January 8, 2009, the LPG Association of Pakistan has clarified that the source cited in the story claims that the two-tier LPG retail pricing
Bridge is a fascinating game in many ways. Perhaps of all sports it is the one sport which gives the maximum contentment and thrill when either the Declarer pulls off a difficult contract or the Defenders execute an excellent defence to beat the contract.
The State Bank of Pakistan has renewed the status of external credit assessment institutions (ECAIs) of both credit rating agencies operating in the country ie JCR-VIS Credit Rating Company Limited and The Pakistan Credit Rating Agency Limited (Pacra) for
Writing this column on the 9th of Muharram 1430 (Wednesday afternoon) it is imperative to state that when it appears on Saturday the mood and ambience around us may be partially or totally changed. It is that kind of a grim, complex, threatening, and abov
Former President Multan Chamber of Commerce and Industry (MCCI) Khawaja Muhammad Jalal-uddin Roomi has demanded at least two years moratorium for payment of debts besides decrease in bank mark-up in view of the inherent capacity of the textile industry to
One couldn't imagine that Dr Gopi Chand Narang would modify post-modernism so much as to make it a substitute for modern progressive thought. At the seminar on Urdu criticism in Karachi University Dr Narang's paper went out of the way to paint a rosy pict
The Second Generation of Capital Market Reform Programme (SGCMRP) will continue supporting capital market reforms of Pakistan, while the ADB's ongoing Technical Assistance (TA) programme for the State Bank of Pakistan (SBP) will support the banking sector
Ismail Guljee (1926-2007) was an award-winning, globally famous Pakistani artist, born in Peshawar. He made his name in the 50s as a portrait painter. In the 60s, he also began to paint abstract compositions in the American style called 'Action Painting'.
The Pakistan Industrial and Traders Association Front (PIAF) in line with scheduled series of protests against the energy crisis, the industrialists and industrial workers of Kot Lakhpat Industrial Estate on Friday staged a 'coffin-carrying' protest to pr
On a cold December day (23-12-'08) fifty semi-pukka houses were demolished in Sector II-I/2 of Orangi Town by the town administration. Men, women and children watched helplessly as the bulldozers flattened their homes.
Mixed sentiment prevailed on Lahore Stock Exchange on Friday and the equities remained under selling pressure on account of profit-taking but finally closed in green zone following buying on dip in select scrips. The LSE-25 index registered an increase of
The environment is degrading at an alarming pace in Pakistan. Problems like deforestation, erosion of soil, contamination of water with industrial and chemical effluents, untreated sewage, hazardous waste and vehicle emission in urban centres pose a real
Mixed sentiment prevailed on Lahore Stock Exchange on Friday and the equities remained under selling pressure on account of profit-taking but finally closed in green zone following buying on dip in select scrips. The LSE-25 index registered an increase of
The current massacre in Gaza by the Zionists is a catastrophe for the people, a searing arrow through the heart of the Muslim Ummah and a humiliation for Islam. A tiny strip of land only 139 sq miles in size is crammed with 1.5 million people living in th
The Securities and Exchange Commission of Pakistan (SECP) has unveiled a fresh criteria for valuation of debt securities held by the Collective Investment Schemes (CIS) from January 10, 2009. The SECP has superseded Circular 6 of 2008 through a circular N
The Karachi Port handled 273,822 tonnes of cargo including 209,350 tonnes of import and 64,472 tonnes of export during last 72 hours ending at 0700 hours on Friday. The freights comprised of 173,697 tonnes of dry cargo including 119,381 tonnes of general
The Securities and Exchange Commission of Pakistan (SECP) has unveiled a fresh criteria for valuation of debt securities held by the Collective Investment Schemes (CIS) from January 10, 2009. The SECP has superseded Circular 6 of 2008 through a circular N