The Sindh government is in no mood, against the directive of the Ministry of Food and Agriculture (Minfa), to allow movement of wheat to other provinces. Sources said that the provincial government would not impose a ban on inter-district wheat movement w
The Sindh government is in no mood, against the directive of the Ministry of Food and Agriculture (Minfa), to allow movement of wheat to other provinces. Sources said that the provincial government would not impose a ban on inter-district wheat movement w
Chief of Army Staff (CoAS) General Ashfaq Parvaiz Kayani has left for Turkey to take part in third Trilateral Summit of Afghanistan, Pakistan and Turkey in Ankara. The third trilateral Summit being hosted by the Turkish President in Ankara on April 1, wil
President Barack Obama plans to propose spending roughly $2.8 billion in aid for Pakistans military as he steps up the campaign to battle extremists along the Pakistan-Afghanistan border. This money would be in addition to the civilian aid--$1.5 billion a
Equities witnessed broad-based erosion at the Islamabad Stock Exchange (ISE) where bears remained in the front seat on Tuesday. ISE-10 Index was minus 49.26 points, as the index moved from 1,632.11 to 1,582.85 points. The overall turnover amounted to 3,07
The All Pakistan Textile Mills Association (Aptma) has expressed serious concern over the disruption of gas supply to its member mills during the current month, which is against all contractual commitments. "The disruption is making survival of the indust
The provincial government of NWFP is unlikely to achieve the revenue target of Rs 2.00 billion for the current financial year. The Department of Excise and Taxation had so far recovered Rs 800 million against the target, showing a recovery of 40 percent d
The closed Mangla hydel power generation units resumed production of 250 megawatt, much needed electricity after Indus River System Authority (Irsa) released 25,000 cusecs water from the Mangla Dam on Tuesday. Director General, Pakistan Electric Power Com
The closed Mangla hydel power generation units resumed production of 250 megawatt, much needed electricity after Indus River System Authority (Irsa) released 25,000 cusecs water from the Mangla Dam on Tuesday. Director General, Pakistan Electric Power Com
With the rise in temperature in the upper mountainous regions of the country the snow has started melting and the water inflows in four rivers, Indus, Kabul, Jhelum and Chenab have increased during last two days. Water and Power Development Authority (Wap
Lahore stocks remained under the grip of bearish sentiment on Tuesday and registered losses amid descending transaction volume on account of profit taking and portfolio sale despite another positive development with regarding to restoration of Mian Shahba
Asian Development Bank (ADB) has projected Pakistans gross domestic product (GDP) growth rate in 2009 financial year to be 2.8 percent that would increase to four percent in 2010, said ADBs Country Director for Pakistan Rune Stroem here on Tuesday.
Marble industry, a major source of earning foreign exchange from exports, faced Rs 150 million losses during last two months owing to unscheduled power load shedding.
With the rise in temperature in the upper mountainous regions of the country the snow has started melting and the water inflows in four rivers, Indus, Kabul, Jhelum and Chenab have increased during last two days. Water and Power Development Authority (Wap
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
With the rise in temperature in the upper mountainous regions of the country the snow has started melting and the water inflows in four rivers, Indus, Kabul, Jhelum and Chenab have increased during last two days. Water and Power Development Authority (Wap
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
Southern African leaders have suspended Madagascar from a regional bloc, with no indication Tuesday their demands for ousted president Marc Ravalomanana to be re-instated would be met. In an unprecedented move the Southern African Development Community
Equities witnessed broad-based erosion at the Islamabad Stock Exchange (ISE) where bears remained in the front seat on Tuesday. ISE-10 Index was minus 49.26 points, as the index moved from 1,632.11 to 1,582.85 points. The overall turnover amounted to 3,07
More than one million cases are pending in the courts in Punjab said an annual report issued here on Wednesday by the Lahore High Court (LHC). The report, however, said LHC out of 163,974 petitions filed before the court during 2008 disposed of 74,542 cas
President Asif Ali Zardari arrived here Tuesday for Turkish-sponsored talks with Afghan counterpart Hamid Karzai on boosting co-operation against extremists, a Pakistani diplomat said. The trilateral meeting - the third round of fence-mending talks betwee
President Asif Ali Zardari arrived here Tuesday for Turkish-sponsored talks with Afghan counterpart Hamid Karzai on boosting co-operation against extremists, a Pakistani diplomat said. The trilateral meeting - the third round of fence-mending talks betwee
A senior US senator said on Tuesday Pakistan should prove it is committed to fighting militancy before it receives more US aid and called the contribution by Nato allies to the war in Afghanistan pitiful. Senator Carl Levin, who chairs the US Senates arme
A senior US senator said on Tuesday Pakistan should prove it is committed to fighting militancy before it receives more US aid and called the contribution by Nato allies to the war in Afghanistan pitiful. Senator Carl Levin, who chairs the US Senates arme
The Speaker Punjab Assembly Rana Muhammad Iqbal has said that Punjab Province had again been put on the road to progress by decision of the Supreme Court. The Speaker talked about the measures that had been put in field of education by the Government of M
Minister for Social Welfare and Special Education Samina Khalid Ghurki has said that Government wants to open more Technical Institutions for Disable Persons.
Advisor to Prime Minister on Petroleum Dr Asim Hussain called on Prime Minister Syed Yusuf Raza Gilani here at PMs House on Tuesday afternoon. The advisor briefed the Prime Minister on new petroleum policy and the status of IPI pipeline project.
Prime Minister Yusuf Raza Gilani on Tuesday said it was "unfair" of US President Barrack Obama to compare Pakistan with Afghanistan during unveiling a new policy for both the countries. Talking to media after opening the Pakistan Institute of Development
The funeral prayers of the seven policeman, who were killed in Monday brazen terrorist attack on Police Training Centre, Manawan, were offered here on Tuesday.
Chairman PTA (S.Z) Sh M Afzal Hussain protested against illegal and unauthorised act of garments factory no Plot 26, Sector 23, KIA, to get water from Sector 7/A, KIA which is the largest cluster of leather Sector in Pakistan and contributing millions of
Pakistan is expecting Rs 678 billion spending on war against terror during the current financial year ie 2008-09 with 40 percent increase as compared to 2007-08. Sources told Business Recorder that Pakistan spending pertaining to war on terror stoo
The closed Mangla hydel power generation units resumed production of 250 megawatt, much needed electricity after Indus River System Authority (Irsa) released 25,000 cusecs water from the Mangla Dam on Tuesday. Director General, Pakistan Electric Power Com
The brazen and audacious terrorist attack on a police academy in Lahore suburbs on Monday morning, resulting in deaths (variously reported between 12 and 22, including the three terrorists who blew themselves up) and injuries to more than 100, follows the
The brazen and audacious terrorist attack on a police academy in Lahore suburbs on Monday morning, resulting in deaths (variously reported between 12 and 22, including the three terrorists who blew themselves up) and injuries to more than 100, follows the
The Sindh government is in no mood, against the directive of the Ministry of Food and Agriculture (Minfa), to allow movement of wheat to other provinces. Sources said that the provincial government would not impose a ban on inter-district wheat movement w
Over 150 companies and business entities are availing the facility of "direct debit" for electronic deposit of taxes at their doorsteps instead of physical visits to bank branch, to avoid inconvenience of long queues.
As Shahbaz Sharif took charge of the office of Punjab Chief Minister following a Supreme Court verdict on Tuesday, a major reshuffle in provincial bureaucracy took place. Members of Shahbaz Sharif administration team during his short stint as Chief Minist
Copper rose as much as 4 percent on Tuesday, notching its largest quarterly gain since 2006 as rallying equities and Chinese stockpiling soothed concerns about the economy and demand. Copper for three-months delivery on the London Metal Exchange closed at
Oil prices rose 3 percent on Tuesday tracking Wall Street higher despite gloomy economic data and swelling crude inventories in the United States. US crude rose $1.49 to settle at $49.90 a barrel, reversing direction after Mondays 7 percent slide. London
London white sugar futures powered higher to end the first quarter up 23.5 percent from the end of 2008 and cocoa surged 7.9 percent in the first three months. London robusta coffee futures edged up 0.6 percent in the first quarter from the last trading d
Gold prices held firm on Tuesday, but easing worries about financial markets, a stock market rally and a stronger dollar were expected to undermine sentiment ahead of a meeting of G20 leaders. Also weighing on sentiment was news that India, the worlds lar
Raw sugar futures on ICE Futures US at 1208 GMT. May raw sugar contract climbed 0.14 cent to 12.63 cents per lb. Dealing from 12.50 to 12.72 cents. Volume at 6,352 lots.
Arabica coffee futures rose on Tuesday after the previous sessions losses as strong market fundamentals helped, and cocoa contracts also climbed because of a lower dollar, traders said. Arabica coffee for May delivery rose 1.45 cent, or 1.3 percent, to $1
US wheat futures rose at the open on Tuesday on spillover support from sharp rally in soybean futures, traders said. At 9:32 am CDT (1432 GMT), the Chicago Board of Trade May soft red winter wheat futures contract was up 9 cents at $5.21-1/2 a bushel.
US copper futures rallied more than 4 percent in early business on Tuesday, as a weaker dollar and general strength in the broader markets enabled prices to recover from the previous sessions sharp sell-off. Copper for May delivery was trading up 5.90 cen
Chicago Board of Trade soyabeans rallied early Tuesday, led by new-crop November on USDAs lower-than-expected US plantings forecast, traders said. November soya was up 40 cents at $8.82 a bushel early and new-crop December corn followed, rising 5-1/4 cent
US gold futures edged up on Tuesday as the dollar weakened, recovering from the previous sessions losses, but declining crude oil and commodities prices could still pressure bullion in the near term. Gold for June delivery climbed $2.20 to $919.90 an ounc
Justice Azizullah M. Memon of Sindh High Court (SHC) retired here on Tuesday after reaching superannuation. A farewell lunch was hosted in his honour by the brother judges on Tuesday. During his tenure as judge, he remained District and Sessions Judge and
Five persons of a family, including four women, were murdered around mid-night on Tuesday in the area of union council Langrial in Tehsil Kharian, some 40 kilometres from here. According to a family source, those killed were identified as Sajid Abbas, his
The General Secretary of Aligarh Muslim University Old Boys Association (AMUOBA), Engr Zakir Ali Khan has advised people in general and youth in particular to have clear objectives of life as this would not only generate commitment but also help them acco
Rana Abdul Sattar, has been elected as Chairman of Pakistan Cotton Ginners Association (PCGA) unopposed for the year 2009-10. While Aman-ullah Qureshi and Ashraf-ul-Islam have been elected as vice presidents of Northern and Southern zones respectively.
The Namaz-e-Janaza of a Policeman, Ghulam Mohiuddin was offered in village Hajipur (Rahimyarkhan) on Tuesday morning who yesterday was martyred along with seven others in Munawan police centre, Funeral prayer of another seven offered in Lahore on Tuesday.
The two-day congregation of Dawat-e-Islami (DI) will start here on April 2. A spokesman of Dawat-e-Islami, Qari Muhammad Sajjad Attari, said the congregation would take place at Shabbir stadium. He said Muslim scholars and preachers from all over the coun
Provincial Minister for Public Health Engineering, Mohammed Adil Siddiqi Tuesday asked KESC to mend its direction and not to test the patience of Karachiites any more. In a statement Tuesday the Minister said that people have been plunged into great miser
Chief of the JUI Maulana Fazlur Rehman has said that he had asked Nawaz Sharif to work for implementation of London declaration signed during All Parties Conference (APC) instead of Charter of Democracy. Talking to mediamen at Thehri district Khairpur on
An automotive assembly plant would be set up in Punjab with the help of a Chinese company at a cost of 30 million dollars. Agreement to this effect was signed in Chinese city, Mianyang, between Commerce and Sourcing House (CASH) a Pakistani company regist
The government is laying emphasis on the promotion of technical education, this was stated by Sindh Minister for Industries, Abdul Rauf Siddiqui. He was speaking as the chief guest at a function organised by Sindh Board of Technical Education (SBTE) in co
A spectacular commando-style assault on a police training school and a wave of suicide attacks have exposed a cash-strapped force woefully incapable of fighting insurgents, experts say. Most officers are ill trained, poorly educated and badly paid. A regu
The Met office has forecast a partly cloudy weather with chances of light rain in the metropolis for next 24 hours. The minimum temperature is expected to remain between 22 to 24 degrees celsius.
The security has been put on high alert due to unstable law and order situation in NWFP with high numbered patrols from Frontier Corps and police officials. The spokesman of NWFP police informed newsmen here on Tuesday that Inspector General Police has is
A division bench of High Court of Sindh (SHC) comprising Justice Gulzar Ahmed and Justice Malik Muhammad Aqil, on Tuesday issued notice to the Home Secretary Sindh for April 10 in a petition filed by Human Rights Network, a local NGO. Intikhab Alam Soori,
Association of Pakistani Lawyers (APL) - a body of Pakistani origin lawyers, solicitors, barristers, judges in UK - has jointly condemned the terrorist attacks at Lahore Police Training School and earlier a suicidal attack in a mosque in Jamrud during Fri
A plea seeking review of single-judge bench decision of January 16 over award of additional marks to Farah Hameed Dogar was filed here on Tuesday at the Islamabad High Court. The writ requesting review of the decision was filed by the Mohammad Iftikhar Hu
At present in Karachi one giant screen has been installed at the crossing of Jinnah Hospital, Shahrahe Faisal near Regent Plaza Hotel, Karachi which creates lots of disturbances on the road. The lights of the billboard is very bright which gives trouble t
Economics has been described as the study of the production and distribution of goods and services, which are scarce in relation to needs. How should we describe our economy? Is our economy is that we take IMF loans, spend the same recklessly and make the
In the heart of Vienna in a Biedermeier building commissioned by Emperor Franz I, a man wearing a khaki uniform and beret exchanges a wad of euro notes across the counter for a few sparkling gold coins. Guenther Fuchssteiner, 59, is a military doctor who