President Asif Ali Zardari met Syrian President Bashar al Assad on Friday night and condoled with him over the death of his brother Majd al Assad, who passed away last month. President Zardari, when arrived at the Presidential Palace, was received by his
The Norwegian newspaper Aftenposten published on Friday reproductions of highly blasphemous cartoons of the Prophet Muhammed (PBUH) by Kurt Westergaard, the victim of attempted murder last week. In an article on Westergaard, the daily printed small versio
The Norwegian newspaper Aftenposten published on Friday reproductions of highly blasphemous cartoons of the Prophet Muhammed (PBUH) by Kurt Westergaard, the victim of attempted murder last week. In an article on Westergaard, the daily printed small versio
Italy is contemplating Pakistan as a manufacturing base for pharmaceutical products to escalate the trading activities in African, Asian and Saarc regions. This was stated by Tariq Ikram, President of Italy Development Council (IDC), along with Saleem H M
The world economy may not emerge out of crisis in 2010 due to "bubbles" created by the huge injections of money used to keep the financial system operating, World Trade Organisation chief Pascal Lamy said Friday. "You have to be realistic, it is not guara
The Government of Pakistan is making concert endeavours to stabilise its economy and contain militancy but the world powers must step up their support, as the democratic government is confronting with the critical challenges, President Asif Ali Zardari sa
The State Bank of Pakistan (SBP) has launched a pilot project, Phase-II, from current Rabi season 2009-10 in Jhang and Toba Tek Singh for enhancing outreach of agricultural financing in underserved districts of Punjab, and the target has been set for disb
State Bank of Pakistan has granted Atlas Bank Ltd an extension till March 31 2010, to meet the MCR and Capital Adequacy Ratio (Car). Atlas Bank has been assigned a long-term rating of "A-" (A minus) and a short-term rating of "A2" (A Two) by the Pakistan
State Bank of Pakistan has granted Atlas Bank Ltd an extension till March 31 2010, to meet the MCR and Capital Adequacy Ratio (Car). Atlas Bank has been assigned a long-term rating of "A-" (A minus) and a short-term rating of "A2" (A Two) by the Pakistan
State Bank of Pakistan has granted Atlas Bank Ltd an extension till March 31 2010, to meet the MCR and Capital Adequacy Ratio (Car). Atlas Bank has been assigned a long-term rating of "A-" (A minus) and a short-term rating of "A2" (A Two) by the Pakistan
The Government has informed the International Monetary Fund (IMF) that it has completed the pilot phase of the new strengthened targeting mechanism (scorecard) for the Benazir Income Support Program (BISP).
The supply of sugarcane to the mills in different parts of the province has been suspended as the millers, according to growers, are not paying the minimum price of the commodity fixed by the Sindh government. According to sources in Sindh Abadgar Board,
Federal authorities arrested two men on Friday in connection with the case of an Afghan-born man accused of plotting a bombing attack in New York City on the anniversary of the September 11 attacks. Adis Medunjanin, 25 and of Bosnian origin, and Zarein Ah
Afghanistan's President Hamid Karzai, whose fragile government is propped up by more than 100,000 foreign troops, said Friday he does not need "the favour" of the international community. The US and Nato have 113,000 troops fighting a Taliban insurgency t
Afghanistan's President Hamid Karzai, whose fragile government is propped up by more than 100,000 foreign troops, said Friday he does not need "the favour" of the international community. The US and Nato have 113,000 troops fighting a Taliban insurgency t
On Friday, BRIndex30 opened at 8,533.42 and after remaining positive for most of the trading time, closed at 8,554.57 with a net positive change of 21.15 points and percentage change of 0.25. It showed intra-day high of 8,606.39 and intra-day low of 8,528
On Friday, BRIndex30 opened at 8,533.42 and after remaining positive for most of the trading time, closed at 8,554.57 with a net positive change of 21.15 points and percentage change of 0.25. It showed intra-day high of 8,606.39 and intra-day low of 8,528
The Karachi share market on Friday witnessed positive trend and KSE-100 index gained 38.74 points to close at 9,776.21 points from 9,737.47 points. The index hit 9,823.64 points intra-day high and 9,736.60 points low. Despite positive trend, trading volum
The Karachi share market on Friday witnessed positive trend and KSE-100 index gained 38.74 points to close at 9,776.21 points from 9,737.47 points. The index hit 9,823.64 points intra-day high and 9,736.60 points low. Despite positive trend, trading volum
The Karachi share market on Friday witnessed positive trend and KSE-100 index gained 38.74 points to close at 9,776.21 points from 9,737.47 points. The index hit 9,823.64 points intra-day high and 9,736.60 points low. Despite positive trend, trading volum
The government has committed to the International Monetary Fund (IMF) to issue notices to 100,000 non-filers of income tax returns, per month, from January 2010 onwards and take strict legal action against the non-compliant.
The government has committed to the International Monetary Fund (IMF) to issue notices to 100,000 non-filers of income tax returns, per month, from January 2010 onwards and take strict legal action against the non-compliant.
The government has committed to the International Monetary Fund (IMF) to issue notices to 100,000 non-filers of income tax returns, per month, from January 2010 onwards and take strict legal action against the non-compliant.
Pakistan has requested the International Monetary Fund (IMF) for a waiver of non-observance of its quantitative performance criterion on the fiscal deficit by 0.1 percent of the gross domestic product (GDP) - Rs 15 billion in total - for end-December 2009
Pakistan has requested the International Monetary Fund (IMF) for a waiver of non-observance of its quantitative performance criterion on the fiscal deficit by 0.1 percent of the gross domestic product (GDP) - Rs 15 billion in total - for end-December 2009
Pakistan has requested the International Monetary Fund (IMF) for a waiver of non-observance of its quantitative performance criterion on the fiscal deficit by 0.1 percent of the gross domestic product (GDP) - Rs 15 billion in total - for end-December 2009
The slippage of Rs 120 billion in fiscal performance during July-September (2009-2010) was due mostly to temporary factors. According to the Letter of Intent (LoI) submitted by the government of Pakistan to the International Monetary Fund (IMF), four prin
The slippage of Rs 120 billion in fiscal performance during July-September (2009-2010) was due mostly to temporary factors. According to the Letter of Intent (LoI) submitted by the government of Pakistan to the International Monetary Fund (IMF), four prin
The slippage of Rs 120 billion in fiscal performance during July-September (2009-2010) was due mostly to temporary factors. According to the Letter of Intent (LoI) submitted by the government of Pakistan to the International Monetary Fund (IMF), four prin
The Letter of Intent (LoI), submitted by the government to the International Monetary Fund (IMF) as a prerequisite for the release of the fourth tranche under the standby arrangement, has taken note of the politically charged issue of non-performing loans
The Letter of Intent (LoI), submitted by the government to the International Monetary Fund (IMF) as a prerequisite for the release of the fourth tranche under the standby arrangement, has taken note of the politically charged issue of non-performing loans
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 Letter of Intent (LoI), submitted by the government to the International Monetary Fund (IMF) as a prerequisite for the release of the fourth tranche under the standby arrangement, has taken note of the politically charged issue of non-performing loans
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
Pakistan has informed the International Monetary Fund (IMF) of its failure to keep inflation within the budgetary target of 9.5 percent and conceded that it would be 11 percent at the end of the current fiscal. The government, in the letter of intent (LoI
Pakistan has informed the International Monetary Fund (IMF) of its failure to keep inflation within the budgetary target of 9.5 percent and conceded that it would be 11 percent at the end of the current fiscal. The government, in the letter of intent (LoI
Pakistan has informed the International Monetary Fund (IMF) of its failure to keep inflation within the budgetary target of 9.5 percent and conceded that it would be 11 percent at the end of the current fiscal. The government, in the letter of intent (LoI
The Pakistan State Oil (PSO) has deferred the tender of a shipment, carrying 60,000 tons furnace oil, for two weeks, which was planned for the current month, to avoid default in retiring the Letter of Credit (L/C), Business Recorder has learnt. Ind
The Pakistan State Oil (PSO) has deferred the tender of a shipment, carrying 60,000 tons furnace oil, for two weeks, which was planned for the current month, to avoid default in retiring the Letter of Credit (L/C), Business Recorder has learnt. Ind
The following examples are classic lessons of safety play in declarer's bridge armoury where he needs to spot his best chances of success by relying not on any one single chance but a series of combination of chances. In bridge, to succeed, you need to ut
The Pakistan State Oil (PSO) has deferred the tender of a shipment, carrying 60,000 tons furnace oil, for two weeks, which was planned for the current month, to avoid default in retiring the Letter of Credit (L/C), Business Recorder has learnt. Ind
Pakistan Cricket Board (PCB) authorities must be aware of the fact that Pakistan team is an "unpredictable" and "inconsistent", as if they want to win, they can win. It has been noted on various occasions that on one day Pakistani batsmen tear apart the w
The rupee is likely to further lose its value against dollar due to flexible exchange rate policy of the State Bank of Pakistan (SBP). The Letter of Intent (LOI), submitted by the government of Pakistan to the International Monetary Fund (IMF), says that
December 2009 has come and gone amidst uncertainties that were speculated to threaten the power base in Islamabad and much was made of the forecast. Officialdom reacted strongly, angrily, and repeatedly. TV brought us al that faithfully.
The rupee is likely to further lose its value against dollar due to flexible exchange rate policy of the State Bank of Pakistan (SBP). The Letter of Intent (LOI), submitted by the government of Pakistan to the International Monetary Fund (IMF), says that
A basic skills development workshop for journalists in rural areas was organised recently by Rural Media Network Pakistan (RMNP) with the collaboration of UNESCO in Ahmadpur near Bhawalpur.
The rupee is likely to further lose its value against dollar due to flexible exchange rate policy of the State Bank of Pakistan (SBP). The Letter of Intent (LOI), submitted by the government of Pakistan to the International Monetary Fund (IMF), says that
In an ignorance and illiteracy stricken society institution of library may not enjoys the status of most deserving instrument of socio-cultural elevation of its people. But if we could understand the secret of the success of our ancestors and of course th
The government has limited the borrowing by provinces equivalent to six weeks of provincial wages and salaries, totalling Rs 47 billion, to strengthen financial controls on borrowing. The government in the letter of Intent (LoI) submitted to IMF under sta
Unesco organised, in the year 2000, a world education forum in Senegal with 1,100 participants to adopt a collective commitment of action to attain "education for all by year 2015". Conflicting to the goal set by Unesco; the current literacy rate of Pakis
The government has limited the borrowing by provinces equivalent to six weeks of provincial wages and salaries, totalling Rs 47 billion, to strengthen financial controls on borrowing. The government in the letter of Intent (LoI) submitted to IMF under sta
An exhibition of contemporary miniature paintings titled 'Fallen', by Mudassar Manzoor at Gandhara - Art Gallery engages viewer through its synchronising dynamic compositions, colour tones and textures. His paintings combine realism and expressionism carr
The government has limited the borrowing by provinces equivalent to six weeks of provincial wages and salaries, totalling Rs 47 billion, to strengthen financial controls on borrowing. The government in the letter of Intent (LoI) submitted to IMF under sta
Poverty starts having an impact on the child's life in Pakistan when he is still in the mothers' womb. In developed countries a newly born child is 3-4 kilos in weight and has an average height of 51 centimeters. In developing countries like Pakistan it w
The government expects no aid injection from bilateral sources this year under the Friends of Democratic Pakistan (FODP) pledges made in Tokyo in April 2009. The only pledges expected to be translated into disbursement are from multilateral sources.
Now that the Sindh High Court has issued a plea for judicial inquiry into the Ashura carnage and subsequent acts of arson that occurred on 28 December in Karachi, we may get answers to a puzzling question: why was the wholesale market set aflame?
The government expects no aid injection from bilateral sources this year under the Friends of Democratic Pakistan (FODP) pledges made in Tokyo in April 2009. The only pledges expected to be translated into disbursement are from multilateral sources.
Death and destruction engulfed the heart of the metropolis when a bomb blast occurred in the main Ashura procession at M.A. Jinnah Road, killing and injuring hundreds, with the death toll still rising after a week, as many seriously injured fought a battl
The government expects no aid injection from bilateral sources this year under the Friends of Democratic Pakistan (FODP) pledges made in Tokyo in April 2009. The only pledges expected to be translated into disbursement are from multilateral sources.
It's hard to even think straight as one enters the once fire-afflicted area of Boulton Market at M.A. Jinnah Road, formerly known as Bunder Road. Its hard enough to collect your thoughts in the chaos, let alone try and engage someone in an interview/conve
The Cabinet decision of capping yarn export to a maximum of 50,000 million kgs per month could be challenged at WTO as it is against the world trade body''s rules. It is the first big move of restricting the yarn export volume since 1986, said Federal Com
The Karachi Port handled 115,260 tonnes of liquid import cargo including 61,545 tonnes of import 53,715 tonnes of export cargo and 4,874 loaded and empty containers during last 24 hours ended at 0700 hours on Friday.
The Cabinet decision of capping yarn export to a maximum of 50,000 million kgs per month could be challenged at WTO as it is against the world trade body's rules. It is the first big move of restricting the yarn export volume since 1986, said Federal Comm
The Cabinet decision of capping yarn export to a maximum of 50,000 million kgs per month could be challenged at WTO as it is against the world trade body's rules. It is the first big move of restricting the yarn export volume since 1986, said Federal Comm