President Asif Ali Zardari on Wednesday said the democratic government was successfully moving forward in the fight against militants and security forces were gaining successes despite numerous sacrifices.
A two day symposium on 'Working with Proteins in Post-Genomic Era' began at Punjab University School of Biological Sciences (SBS) on Wednesday. Biologists from various institutes of the country will deliver 10 lectures on the different aspects of the topi
The Securities and Exchange Commission of Pakistan (SECP), authorised an investigation into the matter of Ahmed Spinning Mills Ltd (ASML) on the reports that the directors of Ahmed Spinning Mills Ltd (ASML) sold ASML's investment at a throwaway price to a
Pakistan Cotton Ginners Association (PCGA) Chairman, Abdul Rasheed Khan has rejected the proposal of ban on the export of raw cotton and cotton yarn, urging the government to let the import and export of the commodity on free market mechanism.
A meeting is being held between the Federal and the NWFP government to consider different concessions to be given to the people of NWFP who have been affected by terrorism. Sources told Business Recorder a meeting would be held in Peshawar today (T
Post-Clearance Audit (PCA) Karachi has unearthed massive evasion of duties and taxes by Pakistan's largest manufacturer of polyester staple fibre (PSF), allegedly involved in misuse of statutory regulatory orders (SROs) for obtaining illegal exemption of
A diplomat at the Iranian embassy in Oslo told Norwegian broadcaster NRK on Wednesday that he has resigned in protest over a crackdown on anti-government demonstrators in Iran. The Iranian Foreign Ministry in Tehran denied the report.
Two of the CIA workers killed in Afghanistan were private contractors with the security company formerly known as Blackwater. An obituary released Wednesday for 35-year-old Jeremy Wise said he was a former Navy SEAL who was working with the company now kn
Balochistan will receive Rs 1.817 billion additional revenue on account of gas development surcharge (GDS) in the seventh National Finance Commission (NFC) award based on the weighted average wellhead gas price in 2008-09 financial year, Business Recor
Bruised by a stinging rebuke from President Barack Obama, the top US intelligence chief has pledged to repair flaws in the security services to confront an evolving threat from terror groups. "The intelligence community received the president's message to
The Prime Minister''s Secretariat has reportedly played a vital role in the appointment of Shah Mehbub Aalam as the Acting Managing Director of Oil and Gas Development Company Limited (OGDCL), a man who has been accused of lacking the required qualificati
The Prime Minister's Secretariat has reportedly played a vital role in the appointment of Shah Mehbub Aalam as the Acting Managing Director of Oil and Gas Development Company Limited (OGDCL), a man who has been accused of lacking the required qualificatio
The Prime Minister's Secretariat has reportedly played a vital role in the appointment of Shah Mehbub Aalam as the Acting Managing Director of Oil and Gas Development Company Limited (OGDCL), a man who has been accused of lacking the required qualificatio
A rift between the provincial finance department and the ministry of works and services (W&S) has left dozens of W&S projects in an uncertain situation. The progress of the development projects of W&S has come to a halt as the finance department has almos
A rift between the provincial finance department and the ministry of works and services (W&S) has left dozens of W&S projects in an uncertain situation. The progress of the development projects of W&S has come to a halt as the finance department has almos
A rift between the provincial finance department and the ministry of works and services (W&S) has left dozens of W&S projects in an uncertain situation. The progress of the development projects of W&S has come to a halt as the finance department has almos
The State Bank of Pakistan (SBP) has proposed amendments in the Fiscal Responsibility and Debt Limitation Act 2005 to abolish automatic monetisation of fiscal deficit. During a presentation by Hamza Ali Malik, Director, SBP Monetary Policy Department, on
The State Bank of Pakistan (SBP) has proposed amendments in the Fiscal Responsibility and Debt Limitation Act 2005 to abolish automatic monetisation of fiscal deficit. During a presentation by Hamza Ali Malik, Director, SBP Monetary Policy Department, on
The State Bank of Pakistan (SBP) has proposed amendments in the Fiscal Responsibility and Debt Limitation Act 2005 to abolish automatic monetisation of fiscal deficit. During a presentation by Hamza Ali Malik, Director, SBP Monetary Policy Department, on
The draft of the amendments in the State Bank Act 1956 has been submitted to the government for giving legal cover to an independent monetary committee for regularly obtaining input from government and private sector for putting in place a viable monetary
The draft of the amendments in the State Bank Act 1956 has been submitted to the government for giving legal cover to an independent monetary committee for regularly obtaining input from government and private sector for putting in place a viable monetary
The draft of the amendments in the State Bank Act 1956 has been submitted to the government for giving legal cover to an independent monetary committee for regularly obtaining input from government and private sector for putting in place a viable monetary
The government has decided to take private sector on board while dealing with another expected sugar crisis in an effort to contain rising sugar price, informed sources told Business Recorder on Wednesday. The decision was taken at a high level mee
The government has decided to take private sector on board while dealing with another expected sugar crisis in an effort to contain rising sugar price, informed sources told Business Recorder on Wednesday. The decision was taken at a high level mee
The government has decided to take private sector on board while dealing with another expected sugar crisis in an effort to contain rising sugar price, informed sources told Business Recorder on Wednesday. The decision was taken at a high level mee
The first tranche worth around $180 million of the Kerry-Lugar package, under which the US would provide Pakistan civilian aid of $7.5 billion over the next five years, has arrived in Pakistan. This was stated by US Ambassador Anne W Patterson after annou
The first tranche worth around $180 million of the Kerry-Lugar package, under which the US would provide Pakistan civilian aid of $7.5 billion over the next five years, has arrived in Pakistan. This was stated by US Ambassador Anne W Patterson after annou
The first tranche worth around $180 million of the Kerry-Lugar package, under which the US would provide Pakistan civilian aid of $7.5 billion over the next five years, has arrived in Pakistan. This was stated by US Ambassador Anne W Patterson after annou
Outlining a multi-pronged agenda towards Pakistan for 2010, the US on Wednesday said that Islamabad, with one of the lowest tax-to-GDP ratios, must begin to raise more revenue through bringing the "entire areas" of its economy into the tax net to balance
Outlining a multi-pronged agenda towards Pakistan for 2010, the US on Wednesday said that Islamabad, with one of the lowest tax-to-GDP ratios, must begin to raise more revenue through bringing the "entire areas" of its economy into the tax net to balance
Outlining a multi-pronged agenda towards Pakistan for 2010, the US on Wednesday said that Islamabad, with one of the lowest tax-to-GDP ratios, must begin to raise more revenue through bringing the "entire areas" of its economy into the tax net to balance
Justice Javed Iqbal of Supreme Court observed here on Wednesday that "the system is on the verge of collapse and intervention is required." He lamented that if the court intervened, it was accused of trespassing another's jurisdiction. Justice Javed Iqbal
Justice Javed Iqbal of Supreme Court observed here on Wednesday that "the system is on the verge of collapse and intervention is required." He lamented that if the court intervened, it was accused of trespassing another's jurisdiction. Justice Javed Iqbal
On Wednesday, the BRIndex30 opened at 8,439.48 points and, after remaining positive throughout the market time, closed at 8,557.27 points, with a positive change of 117.79 points, or 1.40 percent. It experienced intra-day high of 8,608.06 and low of 8,439
On Wednesday, the BRIndex30 opened at 8,439.48 points and, after remaining positive throughout the market time, closed at 8,557.27 points, with a positive change of 117.79 points, or 1.40 percent. It experienced intra-day high of 8,608.06 and low of 8,439
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (January 06, 2010).
Bullish trend continued at Karachi share market on Wednesday and KSE-100 index gained 69.98 points to close at 9,727.36 points. The market opened on a positive note and the index hit 9,810.19 points intra-day high, up 152.81 points. However, profit taking
Bullish trend continued at Karachi share market on Wednesday and KSE-100 index gained 69.98 points to close at 9,727.36 points. The market opened on a positive note and the index hit 9,810.19 points intra-day high, up 152.81 points. However, profit taking
Bullish trend continued at Karachi share market on Wednesday and KSE-100 index gained 69.98 points to close at 9,727.36 points. The market opened on a positive note and the index hit 9,810.19 points intra-day high, up 152.81 points. However, profit taking
The Cabinet meeting held here on Wednesday, chaired by Prime Minister Yousaf Raza Gilani, approved regularisation of daily wages employees of Civil Aviation Authority (CAA). This was stated by Minister of State for Information Sumsam Ali Bukhari while bri
The Cabinet meeting held here on Wednesday, chaired by Prime Minister Yousaf Raza Gilani, approved regularisation of daily wages employees of Civil Aviation Authority (CAA). This was stated by Minister of State for Information Sumsam Ali Bukhari while bri
The Cabinet meeting held here on Wednesday, chaired by Prime Minister Yousaf Raza Gilani, approved regularisation of daily wages employees of Civil Aviation Authority (CAA). This was stated by Minister of State for Information Sumsam Ali Bukhari while bri
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
At least 15 people were killed and several more injured in two suspected US drone attacks in North Waziristan tribal district Wednesday, a security official said. A US pilotless aircraft fired two missiles at a mud compound in Datta Khel area, near Afghan
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
At least 15 people were killed and several more injured in two suspected US drone attacks in North Waziristan tribal district Wednesday, a security official said. A US pilotless aircraft fired two missiles at a mud compound in Datta Khel area, near Afghan
Suspected militants on Wednesday opened fire in the main market area of Indian Kashmir's summer capital occupied Srinagar, killing at least one police officer and sending residents ducking for cover. Police said one or two gunmen had taken up positions in
Suspected militants on Wednesday opened fire in the main market area of Indian Kashmir's summer capital occupied Srinagar, killing at least one police officer and sending residents ducking for cover. Police said one or two gunmen had taken up positions in
At least 12 people were feared dead when an arson-affected multi-storey building in the city collapsed on Wednesday. At the time of collapse, five masons and seven scavengers were busy in its rehabilitation activities. Rescue teams of City District Govern
At least 12 people were feared dead when an arson-affected multi-storey building in the city collapsed on Wednesday. At the time of collapse, five masons and seven scavengers were busy in its rehabilitation activities. Rescue teams of City District Govern
The Karachi Port handled 147,236 tonnes of liquid import cargo including 123,755 tonnes of import 23,481 tonnes of export cargo and 1,649 loaded and empty containers during last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 123,755
The Federal Board of Revenue has pressurised cigarette manufactures to increase price of this item on all brands for meeting the ambitious revenue target from the cigarette industry during 2009-10. Sources told Business Recorder here on Wednesday t
Corn spot basis bids firmed at US Midwest processors and elevators on Tuesday while soyabean bids held mostly steady amid slow farmer selling of both commodities, dealers said. There was minor selling of corn and soyabeans as some farmers took advantage o
The Federal Board of Revenue has pressurised cigarette manufactures to increase price of this item on all brands for meeting the ambitious revenue target from the cigarette industry during 2009-10. Sources told Business Recorder here on Wednesday t
US wheat futures fell on Tuesday, setting back from one-month highs amid continued pressure from abundant stocks around the globe. Trading was choppy throughout the day as expectations for heavy fund buying as part of portfolio rebalancing added support.
The Federal Board of Revenue has pressurised cigarette manufactures to increase price of this item on all brands for meeting the ambitious revenue target from the cigarette industry during 2009-10. Sources told Business Recorder here on Wednesday t