The Ministry of Industries and Production (MoIP) has been reportedly surprised at the strict directives of Prime Minister Yousaf Raza Gilani regarding reduction in car prices, as car manufacturers have publicly refused to bow down to such overt pressure,
The Ministry of Industries and Production (MoIP) has been reportedly surprised at the strict directives of Prime Minister Yousaf Raza Gilani regarding reduction in car prices, as car manufacturers have publicly refused to bow down to such overt pressure,
Iran's top nuclear negotiator warned the West to stop "threatening" Tehran as US President Barack Obama urged Chinese President Hu Jintao to cooperate in blocking Iran's atomic ambitions. The harsh words from Saeed Jalili came as Western calls mount for t
Bullish sentiments continued for the second consecutive day on the Lahore Stock Exchange (LSE) on Friday and equities extended further gains amid fresh buying in oil and banking companies. The LSE-25 index jumped to 3277.07 against 3211.89 of Thursday, de
Bullish sentiments continued for the second consecutive day on the Lahore Stock Exchange (LSE) on Friday and equities extended further gains amid fresh buying in oil and banking companies. The LSE-25 index jumped to 3277.07 against 3211.89 of Thursday, de
On Friday, BRIndex30 opened at 8,610.20 and remained positive for the entire market time with an upward trend. It touched an intraday high of 8,794.42 and an intraday low of 8,610.20 and closed at 8,763.53, which is 153.33 points or 1.78 percent higher th
On Friday, BRIndex30 opened at 8,610.20 and remained positive for the entire market time with an upward trend. It touched an intraday high of 8,794.42 and an intraday low of 8,610.20 and closed at 8,763.53, which is 153.33 points or 1.78 percent higher th
The Karachi share market witnessed bullish session on Friday on foreign investors'' support, and the KSE-100 index breached 10,400 points level. The index closed at 10,416.52 points level with a gain of 169.75 points. Trading improved significantly and th
The Karachi share market witnessed bullish session on Friday on foreign investors' support, and the KSE-100 index breached 10,400 points level. The index closed at 10,416.52 points level with a gain of 169.75 points. Trading improved significantly and the
The Karachi share market witnessed bullish session on Friday on foreign investors' support, and the KSE-100 index breached 10,400 points level. The index closed at 10,416.52 points level with a gain of 169.75 points. Trading improved significantly and the
After taking suo-motu notice of reportedly one billion dollar loss to national exchequer, the Supreme Court on Friday directed the ministries of Finance and Petroleum to come up with an answer, on April 12, regarding the award of 3.5 million tons liquefie
After taking suo-motu notice of reportedly one billion dollar loss to national exchequer, the Supreme Court on Friday directed the ministries of Finance and Petroleum to come up with an answer, on April 12, regarding the award of 3.5 million tons liquefie
After taking suo-motu notice of reportedly one billion dollar loss to national exchequer, the Supreme Court on Friday directed the ministries of Finance and Petroleum to come up with an answer, on April 12, regarding the award of 3.5 million tons liquefie
In an extraordinary development here on Friday, the Finance Secretary of Sindh government walked out of the most crucial meeting of the Revenue Advisory Council on value added tax (VAT), sending a loud and clear message of not accepting Federal and Provin
In an extraordinary development here on Friday, the Finance Secretary of Sindh government walked out of the most crucial meeting of the Revenue Advisory Council on value added tax (VAT), sending a loud and clear message of not accepting Federal and Provin
In an extraordinary development here on Friday, the Finance Secretary of Sindh government walked out of the most crucial meeting of the Revenue Advisory Council on value added tax (VAT), sending a loud and clear message of not accepting Federal and Provin
The Pakistan Sugar Mills Association (PSMA) has held the government responsible for current sugar sector crisis which failed to implement notified sugarcane price of Rs 100/40kg, official sources told Business Recorder. According to the Association
The Pakistan Sugar Mills Association (PSMA) has held the government responsible for current sugar sector crisis which failed to implement notified sugarcane price of Rs 100/40kg, official sources told Business Recorder. According to the Association
The Pakistan Sugar Mills Association (PSMA) has held the government responsible for current sugar sector crisis which failed to implement notified sugarcane price of Rs 100/40kg, official sources told Business Recorder. According to the Association
The Asian Development Bank (ADB) and USAID are preparing a sustainable and integrated energy action plan in a bid to mobilise the international community under Friends of Democratic Pakistan (FoDP) banner, thereby facilitating the conversion of pledges ma
The Asian Development Bank (ADB) and USAID are preparing a sustainable and integrated energy action plan in a bid to mobilise the international community under Friends of Democratic Pakistan (FoDP) banner, thereby facilitating the conversion of pledges ma
The Asian Development Bank (ADB) and USAID are preparing a sustainable and integrated energy action plan in a bid to mobilise the international community under Friends of Democratic Pakistan (FoDP) banner, thereby facilitating the conversion of pledges ma
Pakistan Steel Mills Corporation (PSMC) on Friday announced to raise the prices of seven steel products by up to Rs 4,000 per ton, dealers said. This is the second increase in PSMC''s products prices during last three weeks, as previously prices were incr
Pakistan Steel Mills Corporation (PSMC) on Friday announced to raise the prices of seven steel products by up to Rs 4,000 per ton, dealers said. This is the second increase in PSMC's products prices during last three weeks, as previously prices were incre
Pakistan Steel Mills Corporation (PSMC) on Friday announced to raise the prices of seven steel products by up to Rs 4,000 per ton, dealers said. This is the second increase in PSMC's products prices during last three weeks, as previously prices were incre
Isabel Guerrero, World Bank Vice President for South Asia, on Friday pledged continued support for Pakistan''''s efforts to boost tax revenues and to expand the supply of power in the country.
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
Isabel Guerrero, World Bank Vice President for South Asia, on Friday pledged continued support for Pakistan''s efforts to boost tax revenues and to expand the supply of power in the country.
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
Isabel Guerrero, World Bank Vice President for South Asia, on Friday pledged continued support for Pakistan's efforts to boost tax revenues and to expand the supply of power in the country.
Isabel Guerrero, World Bank Vice President for South Asia, on Friday pledged continued support for Pakistan's efforts to boost tax revenues and to expand the supply of power in the country.
The historic draft of 18th Constitutional Amendment Bill, an outcome of the nine-month deliberations by Parliamentary Committee on Constitutional Reforms (PCCR), was tabled in National Assembly and Senate on Friday for approval. The presentation of the dr
The historic draft of 18th Constitutional Amendment Bill, an outcome of the nine-month deliberations by Parliamentary Committee on Constitutional Reforms (PCCR), was tabled in National Assembly and Senate on Friday for approval. The presentation of the dr
President Asif Ali Zardari on Friday made telephonic contact with Pakistan Nawaz Sharif and expressed the resolve of working with all political parties for the solidarity and overall betterment of the country with a spirit of reconciliation and mutual acc
Sometimes a hand is bid in bridge to a level, which was never desirable in the first place by the bidders, but is yet inevitably bid because the opponents keep sacrificing in the long suit or fit, which takes the level of bidding soaring upwards sometimes
President Asif Ali Zardari on Friday made telephonic contact with Pakistan Nawaz Sharif and expressed the resolve of working with all political parties for the solidarity and overall betterment of the country with a spirit of reconciliation and mutual acc
Former Pakistan captain and world record holder batsman Mohammad Yousuf, who received a letter from Pakistan Cricket Board (PCB), alleging that his presence in the team is harmful for the team members, has announced his retirement from international crick
The United States announced new security measures on Friday to replace the mandatory screening of air travellers from 14 countries that had angered some allies when it was imposed after a failed bombing on Christmas Day. The measures are designed to signi
For all the options that are available on this somewhat memorable March 31st Wednesday night, with a variety of stories and developments that will shape the mood and the direction of the country in the days ahead, one would like to focus on the images tha
The United States announced new security measures on Friday to replace the mandatory screening of air travellers from 14 countries that had angered some allies when it was imposed after a failed bombing on Christmas Day. The measures are designed to signi
A Punjabi proverb 'Haftay day sut din tay uth melay' denotes the influx of cultural activities in Lahore, celebrating eight festivals within seven days of a week. Which proves true, even in these days of severe economic slowdown. The preceding week witnes
The State Bank of Pakistan intends to increase export re-finance (ERF) rate equivalent to six months Treasury Bills rates ie 12.35 percent. This information was shared by the State Bank during a meeting of the 7th Private Sector Credit Advisory Council (P
Allusions to Greek and Roman mythologies have always been far more acceptable to our lovers of literature - particularly English - than those of Indian mythology. This does not necessarily hold true for the Muslim community. The above statement doesn't, h
The State Bank of Pakistan intends to increase export re-finance (ERF) rate equivalent to six months Treasury Bills rates ie 12.35 percent. This information was shared by the State Bank during a meeting of the 7th Private Sector Credit Advisory Council (P
Jamil Naqsh is one of Pakistan's pre-eminent modern artists, perhaps the greatest living artist of our country. For the last five decades he has created a compelling oeuvre of drawings and paintings in water colours and oils.
The State Bank of Pakistan intends to increase export re-finance (ERF) rate equivalent to six months Treasury Bills rates ie 12.35 percent. This information was shared by the State Bank during a meeting of the 7th Private Sector Credit Advisory Council (P
Visitors are protesting the ban of the security-conscious Ministry of Ports and Shipping on all kinds of public and commercial activities at the M.A Jinnah Bridge, which, over the years, has turned into a picnic-cum worship place for Karachiites.
The State Bank of Pakistan intends to increase export re-finance (ERF) rate equivalent to six months Treasury Bills rates ie 12.35 percent. This information was shared by the State Bank during a meeting of the 7th Private Sector Credit Advisory Council (P
The world celebrated 'Earth Hour' on Saturday, March 28, 2010, by dousing lights at 8.30 pm (official time of each country). But we in Pakistan celebrate it day and night, 24/7, courtesy the KESC/Wapda/ or Pepco! And by the looks of it, may be a century w
A spokesman for the Ministry of Law, Justice and Parliamentary Affairs here on Friday cited "irresponsible" and "non-professional" attitude of Attorney General for Pakistan Anwar Mansoor Khan as the main reason behind his resignation. In a statement issue
A few months ago, the commercial street where I have an apartment, acquired a travel agency, a first. Soon there are bound to be more travel agencies because small businessmen continuously switch to a new venture that will make money. The travel agency re
A spokesman for the Ministry of Law, Justice and Parliamentary Affairs here on Friday cited "irresponsible" and "non-professional" attitude of Attorney General for Pakistan Anwar Mansoor Khan as the main reason behind his resignation. In a statement issue
The disastrous landslide occurred in January 4, 2010 in Atabad village, some 109 Kilometres north-east of Gilgit city and about 19 Km east of Hunza City.
The Attorney General (AG), Anwar Mansoor Khan, on Friday resigned after serving for a short stint of three months over, what he says, non-co-operation of the Law Ministry in carrying out the Supreme Court order to re-open a graft case involving President
US wheat futures closed higher on Thursday on a short-covering bounce after Wednesday's sell-off. CBOT May up 4-1/4 cents at $4.54-3/4 per bushel. Funds bought 3,000 lots. Managed funds hold a massive net short position in CBOT wheat, leaving the market o
The Attorney General (AG), Anwar Mansoor Khan, on Friday resigned after serving for a short stint of three months over, what he says, non-co-operation of the Law Ministry in carrying out the Supreme Court order to re-open a graft case involving President
US Midwest corn, soyabean and soft red winter wheat bids were mostly unchanged around the US Midwest on Thursday as farmers focused on fieldwork and delayed sales of all three crops, grain merchants said. Some farmers sold spot loads of corn that they had
Prime Minister Syed Yusuf Raza Gilani Friday constituted a three- member ministerial committee to examine and prepare a comprehensive report on the electricity load management within a week. Minister for Water and Power, Raja Pervez Ashraf, Minister for P
The China Iron and Steel Association is drawing up measures to reduce the number of traders allowed to import iron ore, an industry source said on Friday. "CISA is currently discussing the measures with the China Chamber of Commerce of Metals, Minerals an
Prime Minister Syed Yusuf Raza Gilani Friday constituted a three- member ministerial committee to examine and prepare a comprehensive report on the electricity load management within a week. Minister for Water and Power, Raja Pervez Ashraf, Minister for P
Nominal activity was seen on the cotton market on Friday as leading buyers were on the sideline in the absence of fresh leads, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 5475, dealers said. In the ready busin
Prime Minister Syed Yusuf Raza Gilani Friday constituted a three- member ministerial committee to examine and prepare a comprehensive report on the electricity load management within a week. Minister for Water and Power, Raja Pervez Ashraf, Minister for P
Ukrainian steel maker Azovstal said on Friday raw steel production rose to 476,400 tonnes in March from 435,200 tonnes in February. The company said in a statement pig iron output rose to 406,100 tonnes from 373,000 tonnes, and rolled steel production was
The federal government will shortly issue a clarification aimed at fulfilling two major demands of Sindh government pertaining to sales tax on services and multiple criteria as per the Presidential Order. On the conclusion of the meeting of the Revenue Ad
Indonesia's state tin miner, PT Timah Tbk, said in a statement it expects higher average tin selling prices in 2010 because of recovering tin demand, which will lift 2010 profits after last year's slump. Timah, the world's largest integrated tin miner, al
The federal government will shortly issue a clarification aimed at fulfilling two major demands of Sindh government pertaining to sales tax on services and multiple criteria as per the Presidential Order. On the conclusion of the meeting of the Revenue Ad
Export premiums for US soyabeans eased at the Gulf of Mexico on Thursday due to light demand for US supplies. Premiums for hard red winter wheat rose as few barges were in place to make deliveries if the need arose. Months of light demand have left dealer
The federal government will shortly issue a clarification aimed at fulfilling two major demands of Sindh government pertaining to sales tax on services and multiple criteria as per the Presidential Order. On the conclusion of the meeting of the Revenue Ad
The Karachi Port handled 89,108 tonnes of cargo including 53,485 tonnes of import cargo; 35,623 tonnes of export cargo and 5,439 loaded and empty containers during last 24 hours ended at 0700 hours on Friday. The total import cargo of 53,485 tonnes compri
France's plan to sell 1.2 billion euro ($1.6 billion) worth of military equipment for Pakistan's JF-17 combat aircraft has been held up, a source at President Nicolas Sarkozy's office said on Friday. Newspaper Le Monde had reported earlier that France dec