The Punjab government has on Monday issued a notification for transfer and posting of government official. Shahera Shahid, Deputy Managing Director, Punjab Health Foundation, has been relieved of her duties to join her parent department (Ministry of Infor
A 14-member Marble Sector's delegation, facilitated by SMEDA-UNIDO Investment Promotion Unit, left for Italy on Monday to participate in Marmomacc Fair 2009 being held in Verona from September 30 to October 04, 2009.
The Chief Justice Lahore High Court (LHC) while hearing a suo motu case against abduction of a new born baby from Services Hospital, Lahore, here on Monday gave another week to police for the recovery of the child.
Pakistan Industrial and Traders Associations Front (Piaf) on Monday rejected proposed six percent hike in electricity tariff saying that the traders and industrialists would be left with no option but to close down their units if the raise was implemented
The Lahore High Court (LHC) here on Monday restrained Parks and Horticulture Authority (PHA) from making any modification in the construction and layout of Race Course Park besides issuing contempt of court notice to Director General PHA for not abiding b
The Competition Commission of Pakistan (CCP) has observed in its initial inquiry report that Jamshoro Joint Venture Limited (JJVL) and the LPG Association of Pakistan (LPGAP) have formed a vertical cartel with the aim of fixing LPG prices.
Pakistan Muslim League-Nawaz (PML-N) has demanded of the government not to accept Kerry Lugar bill's conditions sans the approval of the parliament. "The PML-N and 160 million people of Pakistan have serious reservations about the conditions of Kerry Luga
Pakistan Muslim League-Q and Awami Muslim League (AML) on Monday blamed Pakistan Muslim League (Nawaz) for making efforts to put off the bye-elections in the province. Leaders of both the PML-Q and AML vowed to foil such a plan, being unconstitutional and
Central leader of Pakistan Muslim League-Nawaz and Senior Political Assistant to Chief Minister Punjab, Muhammad Pervez Malik, on Monday strongly criticised the government for its plan to further increase the electricity tariff.
Jamaat-i-Islami Chief, Syed Munawar Hassan has said that US drone attacks on Quetta would be a declaration of war against Pakistan and a direct attack on its sovereignty. In a statement on Monday, while referring to the reports appearing in British Daily,
A petition seeking formation of a 'higher authority committee' for sighting moon and deciding Hijri Calendar was filed here in the Supreme Court on Monday. The petition was filed by Mirza Anwarul Haq advocate and others making the federal government, Secr
Sovereign wealth funds (SWFs) of four oil-exporting Gulf states lost around 350 billion dollars last year due to the global financial crisis, according to a UN report. However, the funds - those of Saudi Arabia, Kuwait, Qatar and Abu Dhabi - almost mainta
Al Qaida's deputy leader on Monday seized upon President Barack Obama's failure to bring about a freeze in Israeli settlement construction in the West Bank and called him a ``fraud' in a new audio message. Ayman al-Zawahri's 28-minute audio message was ma
Army and militants traded rocket and mortar fire Monday as hundreds of civilians fled the Taliban and al Qaeda's main stronghold in the north-west. Pakistan jets have bombed targets in Waziristan in recent months, but the military has said it would launch
Pakistan Muslim League-Nawaz Quaid Mian Nawaz Sharif is said to be reluctant to become a member of Parliament until the issue of 17th Amendment and Article-58 2(b) of the Constitution is resolved. Source told Business Recorder that Mian Nawaz Shari
PML-N Chief Nawaz Sharif is expected to announce the names of the members of the Central Organising Committee (Steering Committee) of the party in Dubai today (Tuesday) with the objective to reorganise the party and hold its internal elections by March 23
More than 170 million Pakistanis will not allow United States and its allies to make Pakistan a battlefield and they had rejected the Kerry Lugar bill which is against our integrity, sovereignty and independence nor we allow to establish a mini pentagon i
Bearish trend kept the Lahore stocks under pressure on Monday and the equities registered losses amid reduced trading turnover in the absence of buying support while profit taking in oil and banking shares also forced the investors to remain on the sideli
Bearish trend kept the Lahore stocks under pressure on Monday and the equities registered losses amid reduced trading turnover in the absence of buying support while profit taking in oil and banking shares also forced the investors to remain on the sideli
Bears strengthened their positions at the Islamabad Stock Exchange (ISE) on Monday where equities witnessed across the board losses amid decrease in index. ISE-10 Index was down by 60.85 points from 2,323.89 points to 2,263.04 points. The volume of trade
Bears strengthened their positions at the Islamabad Stock Exchange (ISE) on Monday where equities witnessed across the board losses amid decrease in index. ISE-10 Index was down by 60.85 points from 2,323.89 points to 2,263.04 points. The volume of trade
South Korea's top mobile firm SK Telecom sold back its stake in China Unicom for $1.3 billion, underscoring its lack of success in a market it had once pinned high hopes on. This followed a recent move by China's second-largest mobile operator and Spain's
Emirates National Oil Co (ENOC) has hired a former BP trader to cover crude in Singapore, industry sources said on Monday, as the state firm joins others in expanding in a sector that is emerging from the downturn. Adrian Querzoli, who is from Adelaide, A
Iran on Monday test-fired long-range missiles it says could hit targets inside Israel, as the defiant Revolutionary Guards staged war games amid tension with the West over Tehran's atomic drive. Guards' air force commander Hossein Salami said his men test
Power tariffs are likely to be raised by around 40 percent in the current fiscal year if the government is to meet the commitment it made to the International Monetary Fund (IMF), the largest investor in Pakistan''s economy today, sources exclusively told
Power tariffs are likely to be raised by around 40 percent in the current fiscal year if the government is to meet the commitment it made to the International Monetary Fund (IMF), the largest investor in Pakistan's economy today, sources exclusively told
Power tariffs are likely to be raised by around 40 percent in the current fiscal year if the government is to meet the commitment it made to the International Monetary Fund (IMF), the largest investor in Pakistan's economy today, sources exclusively told
The State Bank of Pakistan on Monday set a target of Rs 145 billion for the sale of Government of Pakistan Market Treasury Bills for 3-month, 6-month & 12-month for the second quarter of fiscal year 2010 (from October to December 2009). Auction Target cal
The State Bank of Pakistan on Monday set a target of Rs 145 billion for the sale of Government of Pakistan Market Treasury Bills for 3-month, 6-month & 12-month for the second quarter of fiscal year 2010 (from October to December 2009). Auction Target cal
The State Bank of Pakistan on Monday set a target of Rs 145 billion for the sale of Government of Pakistan Market Treasury Bills for 3-month, 6-month & 12-month for the second quarter of fiscal year 2010 (from October to December 2009). Auction Target cal
The State Bank of Pakistan on Monday set a target of Rs 145 billion for the sale of Government of Pakistan Market Treasury Bills for 3-month, 6-month & 12-month for the second quarter of fiscal year 2010 (from October to December 2009). Auction Target cal
On Monday, the BRIndex30 opened at 8,494.71 points. It closed at 8,232.55 with a net negative change of -261.81 points and percentage change of -3.08. It experienced intra-day high of 8,502.08 points and low of 8,184.99. The volume of BRIndex30 was 240,77
The State Bank of Pakistan (SBP) is likely to retain its key policy rate at 13 percent to curb rising inflation and government budgetary borrowing, economists said. The SBP is scheduled to announce its Monetary Policy Statement (MPS) for September and Oct
The State Bank of Pakistan (SBP) is likely to retain its key policy rate at 13 percent to curb rising inflation and government budgetary borrowing, economists said. The SBP is scheduled to announce its Monetary Policy Statement (MPS) for September and Oct
The State Bank of Pakistan (SBP) is likely to retain its key policy rate at 13 percent to curb rising inflation and government budgetary borrowing, economists said. The SBP is scheduled to announce its Monetary Policy Statement (MPS) for September and Oct
On Monday, the BRIndex30 opened at 8,494.71 points. It closed at 8,232.55 with a net negative change of -261.81 points and percentage change of -3.08. It experienced intra-day high of 8,502.08 points and low of 8,184.99. The volume of BRIndex30 was 240,77
Heavy selling pressure was witnessed at Karachi share market on Monday and KSE-100 index lost 254.67 points to close at 9,409.58 points. The investors remained cautious and opted for profit taking just before a day of expected announcement of monetary pol
Heavy selling pressure was witnessed at Karachi share market on Monday and KSE-100 index lost 254.67 points to close at 9,409.58 points. The investors remained cautious and opted for profit taking just before a day of expected announcement of monetary pol
Heavy selling pressure was witnessed at Karachi share market on Monday and KSE-100 index lost 254.67 points to close at 9,409.58 points. The investors remained cautious and opted for profit taking just before a day of expected announcement of monetary pol
The Port Singapore Authority (PSA) has failed to start work on the first phase of container terminal at Gwadar Port as agreed in Gwadar Port Master Plan 2006. According to sources, as per agreed master plan, the PSA was to set up the container terminal wi
The Port Singapore Authority (PSA) has failed to start work on the first phase of container terminal at Gwadar Port as agreed in Gwadar Port Master Plan 2006. According to sources, as per agreed master plan, the PSA was to set up the container terminal wi
The Port Singapore Authority (PSA) has failed to start work on the first phase of container terminal at Gwadar Port as agreed in Gwadar Port Master Plan 2006. According to sources, as per agreed master plan, the PSA was to set up the container terminal wi
The Supreme Court on Monday issued notices to the provinces of NWFP, Sindh and Balochistan when Punjab government approached the court for bringing the price of sugar at par in all provinces while expressing its apprehension of movement of sugar from Punj
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Monday (September 28, 2009).
The Supreme Court on Monday issued notices to the provinces of NWFP, Sindh and Balochistan when Punjab government approached the court for bringing the price of sugar at par in all provinces while expressing its apprehension of movement of sugar from Punj
The Cabinet on Monday approved an amendment in the Oil and Gas Regulatory Authority (Ogra) Ordinance to enable it to regulate marketing and pricing of ethanol as petroleum product.
The Cabinet on Monday approved an amendment in the Oil and Gas Regulatory Authority (Ogra) Ordinance to enable it to regulate marketing and pricing of ethanol as petroleum product.
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
The Supreme Court on Monday issued notices to the provinces of NWFP, Sindh and Balochistan when Punjab government approached the court for bringing the price of sugar at par in all provinces while expressing its apprehension of movement of sugar from Punj
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
The Cabinet on Monday approved an amendment in the Oil and Gas Regulatory Authority (Ogra) Ordinance to enable it to regulate marketing and pricing of ethanol as petroleum product.
Malaysian crude palm oil futures slid 4.8 percent on Monday, hitting a two week low, as traders booked profits after an industry analyst over the weekend painted a short-term bearish picture of the market. Palm oil, down 6 percent so far in the second hal
China hopes to complete its second phase strategic oil storage tanks in two years, a senior energy official said on Monday, a pace up to twice as quick as local media have reported. The readiness of some 170 million barrels of new tanks by late 2011 would