Seven persons including four women were killed and 32 injured in a road accident in occupied Kashmir. According to Kashmir Media Service, the bus skidded off the road and fell into Lidder River near Yarnar when it was on its way from Achhabal to Pahalgam.
The SOS Children's Village of Pakistan intends to establish more SOS villages in Peshawar and Mansehra to enhance its accommodation capacity with the aim to extend maximum help to deserving children. This was stated by President of the SOS Children's Vill
Out of 800 ecological systems at the Globe Pakistan has twenty Agro-ecological systems which are being changed due to global warming. Agricultural Scientists should have to redesign agronomical practices according to the changing environmental scenario in
Punjab government has launched a revolutionary project in the province with an amount of Rs 500 million for the economic rehabilitation of small livestock breeders. District officer Livestock, Dr Abdul Rehman, informed here on Thursday, while giving a bri
On the instructions of Chief Minister Punjab, crack down against black marketers and profiteers of urea fertilizer has been launched in the district for redressing the farmers hardships regarding availability of urea fertilisers. In this regard, the agric
Media Advisor to co-chairman Pakistan Peoples Party Asif Ali Zardari, Farah Naz Isphani, MNA, visited Shah Mansoor Camp and Hospital in Sawabi along with a delegation of the Women's Parliamentary Caucus. Nafisa Shah, Secretary of the Women's Parliamentary
It is impossible to achieve the exports target this year as the country has lost major foreign markets due to high cost of production and lack of incentives for manufacturers and exporters. This has been stated by Khawaja Muhammad Jalaluddin Roomi, former
The Shariah Academy, International Islamic University, conducted a two-week Shariah orientation course for lawyers at Abbotabad. The concluding ceremony of the course took place at the High Court Bar Association on Thursday. Former Chief Secretary of the
Split air conditioners are in short supply in the city and available ACs are 15 to 45 per cent more dearer than their actual price, a survey conducted by the Business Recorder has found. Sources in the market said the traders of split ACs had held
Pakistan is among those countries where, despite taking measures to improve literacy rate, the number of illiterates keeps on increasing rapidly and today around 60 million Pakistanis above the age of 10 are utterly illiterate. The chairman of the Nationa
A study conducted by a team of researchers of the University of Health Sciences (UHS) has rediscovered the therapeutic role of honey and has described it as a drug supplement for typhoid fever. The team, headed by UHS Microbiology department's head Profes
The proposed bill to extend 14 Asian nations' textile exports duty free into USA is likely to face a strong opposition as Senators favouring local textile producers would resist such a move, trade sources said.
Members Punjab Assembly, Dr Farrukh Javed, Shaukat Manzoor Cheema and Khadim Hussain Wattoo met Punjab Chief Minister, Muhammad Shahbaz Sharif at Chief Minister's Secretariat, here on Thursday and presented cheques for 1.3 million rupees for the relief an
Aid agencies in Pakistan face having to stop work due to a funding shortfall, threatening support for the huge numbers displaced by conflict in the north-west of the country, Oxfam said on Thursday. Warning of a "humanitarian meltdown," the charity said i
The staff of Chinese Embassy in Pakistan has donated three-day salaries equivalent to rupees one million to the internally displaced persons (IDPs) in the shape of relief items. This was stated by a three-member delegation, headed by Chinese Ambassador Lu
Chief Executive Officer (CEO) of Rawalpindi Cantonment Borad (RCB) Sheikh Shahid Bashir has said that the scarcity of water has almost been over as 9 million gallon of water is being brought from Khanpur Dam for the city on daily basis.
The Securities and Exchange Commission of Pakistan (SECP) has proposed exemption of capital gains tax on commodity futures contracts traded at the National Commodity Exchange under Income Tax Ordinance, 2001.
Managing Director, Sui Northern Gas Pipelines Limited (SNGPL) said that work for laying 800 kilometre proposed Pak-Iran gas pipeline will hopefully start from next year. He stated this while talking to newsmen at a seminar on 'LPG outlook in Pakistan" hel
The Punjab Water Council has accused the Indus River System Authority (Irsa) of violating the Indus Basin Water Treaty 1960 by not operating the perennial Jhelum Link Canal built to provide water to Multan and Bahawalpur Divisions as a replacement of thre
In pursuance of directions of Chief Minister, Shahbaz Sharif, Mobile Ophthalmology Unit (MOU) of Mayo Hospital is extending treatment of eye diseases to the internally displaced persons (IDPs) in relief camp at Mardan. The Director General Health Punjab,
Department of Establishment, NWFP has ordered postings and transfers of 11 officers said a notification issued here on Thursday. These officers are: Barkatullah, PCS (SG) BS-18, OSD Estt has been posted as EDO (F&P) Dir Lower.
The government on Thursday presented flight operation manual of the Civil Aviation Authority (CAA) in the Supreme Court to determine competence of authority responsible for diversion of any plane seeking landing in extraordinary circumstances. Deputy Atto
PIA Management has decided that the airline will continue its flight operations to/from Peshawar and all flights will operate according to schedule as PIA is also carrying relief goods from international destinations and from within Pakistan for IDPs free
A French delegation headed by Alain Freynet, Development Counsellor, Embassy of France in Pakistan called on Punjab Minister for Culture and Youth Affairs, Dr Tanvir-ur-Islam, here on Thursday. The delegation expressed desire of arranging Gandhara Art Exh
The Lahore Chamber of Commerce and Industry (LCCI) while expressing grave concern over sharp decline in manufacturing sector growth, has urged the government to take immediate and urgent measures to stabilise the economy.
Indigenous industry manufacturing phthalic anhydride (PA) has asked the National Tariff Commission (NTC) to review the tariff structure for the said finished product to provide adequate protection to the local industry. Their plea is to impose 20 percent
The Peoples Labour Bureau (PLB) has felicitated the Democratic Workers Union (DWU) for its victory in the referendum held in the State Bank of Pakistan (SBP).
Rift between the Federal Board of Revenue (FBR) and the banking sector to determine the rate of non-performing loans (NPLs) as bad debts is causing delay in the amendment to 'The Seventh Schedule', which would be announced in the coming budget speech 2009
The government is getting more than Rs 2 billion a day in its kitty through National Saving products. In just one month (that is March 2009), National Saving Schemes got net funds of Rs 63 billion (Rs l26 billion gross sales of NSS) which is higher than l
City District Government Karachi (CDGK) will construct 80 warehouses inside the terminal for Balochistan bound buses located at Yousuf Goth, Baldia Town. According to a press release issued by CDGK on Thursday, these warehouses would be completed within n
The roundabout adjacent to Quaid Mausoleum, built at a cost of millions of rupees, to be demolished within few months to facilitate the construction of Corridor-III. This lack of co-ordination and planning between the City District Government Karachi (CDG
Thal Limited (formerly Thal Jute Mills Limited) enjoys the distinction of being the pioneer industrial project of the House of Habib. The company was incorporated on January 31, 1966 as a public limited company and is quoted on the Karachi and Lahore stoc
Sindh government has approved Rs 90 billion for the Annual Development Programme (ADP) for the fiscal year 2009-10, it is reliably learnt. The summary was forwarded to Chief Minister Syed Qaim Ali Shah two days back, which he approved on Thursday, accordi
The British government had arrested Pakistani students without levelling any charge, said Tariq-ur-Rehman, a student, who returned home on Thursday after his detention in Britain. "British authorities have exaggerated the arrest of these students and clai
University of Agriculture Faisalabad (UAF) inked MoUs with ROZEE.PK and Lok Sanjh Foundation, Islamabad to strengthen its external linkages and enable graduates for employment in public and private sector. Both ceremonies were held at VC's Chamber on Thur
After Textile, poultry is the second largest industry of the country with enormous growth potential, moreover, millions of workforce are associated with the industry. This was stated by UAF vice chancellor, Professor Dr Iqrar Ahmad Khan, while addressing
The Federal Board of Revenue (FBR) will provide legal backing to the 'White List of Taxpayers' scheme through the Finance Bill (2009-2010) for its implementation from next fiscal. It has been learnt here on Thursday that the FBR has finalised arrangements
The consecutive terrorist incidents of suicide bombing and deteriorating law and order situation had brought business activities in the provincial metropolis of the province to standstill, business and trade circles told Business Recorder on Thursd
Airports in Pakistan have been put under high security alert. Passengers and luggage are being scanned and searched at each entry point to ensure public safety. Furthermore, all vehicles have to go through security screening before entering the airport pr
Thal Limited (formerly Thal Jute Mills Limited) enjoys the distinction of being the pioneer industrial project of the House of Habib. The company was incorporated on January 31, 1966 as a public limited company and is quoted on the Karachi and Lahore stoc
Federal Minister for Zakat and Usher, Noorul Haq Qadri said that the print and electronic media could play vital role to build confidence between donors and government and project the good work being done by the Ministry. He stated this while presiding ov
Federal Cabinet Committee for reinstatement of sacked employees held its meeting here on Thursday under the chairmanship of Federal Minister for Labour and Manpower, Syed Khursheed Ahmad Shah. The Committee reviewed in detail the process of reinstating of
The National Assembly Standing Committee on Defence has unanimously supported the ongoing military operation in Swat and Malakand agency, and stressed that the operation should be short termed and result-oriented. The committee also stressed the need for
The security forces are continuing operation "Rah-e-Raast" against terrorists in Malakand, Bannu and Waziristan regions and during the last 24 hours, 66 terrorists were killed and nine arrested. Four soldiers were martyred and 12 injured, including an off
The Board of Directors of Saudi Pak Industrial and Agricultural Investment Company Limited (SPIAICL) has approved the conversion of its various loan facilities amounting to Rs 333.209 million extended to the Saudi Pak Leasing Company Limited (SPLCL) into
Singapore shares closed 0.39 percent lower on Thursday as the market ran out of steam after recent gains, dealers said. The blue chip Straits Times Index fell 9.41 points to 2,381.81. Volume totalled 2.24 billion shares worth 1.63 billion Singapore dollar
New Zealand shares fell 1.11 percent Thursday as a stronger local currency hurt exporters, dealers said. The NZX-50 index dropped 31.43 points to close at 2,796.54 on turnover worth 86.2 million dollars (54.9 million US). There were 51 falls and 33 rises
Indonesian shares ended 0.91 percent lower on Thursday on profit-taking after a strong recent rally, dealers said. The Jakarta Composite Index lost 19.23 points to 2,089.58. "I think the market will remain in a consolidation mode Friday. There might be a
Hong Kong share prices were flat on Thursday, as gains in Chinese financial firms offset strong profit-taking pressure on Hong Kong property developers, dealers said. The benchmark Hang Seng Index closed up 5.37 points, or 0.03 percent, at 18,791.03. Turn
US stocks fell on Wednesday on worries that rising interest rates could put a damper on consumer and business spending, but stocks pared losses late in the session to finish off the day's lows. The market had extended losses after a 10-year Treasury note
Seoul shares ended higher after volatile trade on Thursday, with futures buying on the day of their expiry fuelling markets, while reaction to the central bank's decision to keep the policy rate unchanged was muted. The Korea Composite Stock Price Index (
Philippines share prices closed 2.69 percent higher on Thursday as investors ignored a government downgrade of its 2009 growth target while welcoming the prospect of looser monetary policy, dealers said. The composite index added 68.08 points to 2,598.80.
US Treasury prices fell on Wednesday, sending benchmark yields up to 4.0 percent for the first time in eight months, after an auction of 10-year notes heightened concerns over the burgeoning US budget deficit. It was the first test of the government's lon
US Treasury prices fell on Wednesday, sending benchmark yields up to 4.0 percent for the first time in eight months, after an auction of 10-year notes heightened concerns over the burgeoning US budget deficit. It was the first test of the government's lon
The Thai stock market closed 0.40 percent higher on Thursday on speculative buying of energy stocks as global oil prices climbed to a 2009 record, an analyst said. The Stock Exchange of Thailand (SET) composite index rose 2.52 points to 627.07 while the b
The Nikkei average briefly edged above 10,000 to an eight-month high on Thursday before slipping 0.1 percent on the day, with worries about rising US interest rates offsetting a jump in steel shares on a brokerage upgrade. Nippon Steel Corp shot up nearly
Taiwan stocks closed up 1.63 percent on Thursday, led by steel shares after China Steel said it would raise prices, while LED stocks also jumped on hopes of increasing demand from China. The main TAIEX share index closed the session 105.10 points higher a
Chinese shares closed down 0.67 percent on Thursday amid news that securities regulators will resume initial public offerings soon, raising concerns about an oversupply of shares, dealers said. The Shanghai Composite Index, which covers A and B shares, lo
Interbank buy/sell rates for the taka against the dollar on Thursday. 69.05/69.05 (previous 69.05/69.05). Call Money Rates: 0.15-10.00 percent (previous 0.25-10.00 percent).
The Hong Kong dollar was trapped in a narrow range against the US dollar on Thursday and dealers said there was buying interest in both currencies but the amounts were not huge. The local currency traded between 7.7513 and 7.7520 on the day, ending little