President of Azad Jammu Kashmir, Raja Zulqarnain Khan has accepted the resignation of Prime Minister Raja Farooq Haider Khan and also convened AJK Legislative Assembly's session on July 29 in Muzaffarabad. According to an AJK President's spokesperson, the
The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Federal Minister for States and Frontier Regions (Safron) Najmuddin Khan has said that a total of 1.7 million Afghan refugees are registered and all of these refugees would return to Afghanistan till 2012. While replying to a supplementary question during
Faisal Karim Kundi, Acting Speaker, National Assembly has said that present democratic set-up believed in freedom of expression and has taken numerous steps for the independence of media. He expressed these views while talking to a delegation of media per
Exhausted by frequent accusations of kneeling down before terrorists in the restive Balochistan province, a top federal minister Tuesday questioned nationalist Baloch parliamentarians why they remained tight-lipped when national flag was being burnt by an
President Asif Zardari has allotted 500 acres of land, retrieved recently during an anti-encroachment drive, for the low-cost housing scheme and another 300 acres for the martyrs (Shuhada) of the armed forces, said the Executive District Officer (EDO) Rev
The Acting President, Farooq H. Naek has said that the all-weather and time-tested relations between Pakistan and People's Republic of China are not only a factor in promoting peace and stability in the region, but also accelerating the process of economi
The Embassy of People Republic of China hosted a grand reception on Tuesday in honor of its new Ambassador to Pakistan, Liu Jain at a local hotel. A large number of political figures, ambassadors, foreign dignitaries and people from different walks of lif
Whereas the government appears to have failed in finding an immediate remedy to the plight of loadshedding-hit masses, the private sector has stepped up to offer a 'breakthrough' technology as a simple, cost-effective and sustainable solution to the longs
Torrential rain on Tuesday almost brought the business activities to a halt as the city's five main industries' productions were hampered by the absence of workers who failed to report for work. Industrialists said that around 50 to 60 percent workers cou
The Advisor to C.M. for Information Jamil Ahmed Soomro has condemned the attempt to murder on Bureau Chief of private News channel Hyderabad Anwar Kamal and said that the journalists were the trusty of the society, therefore, such attacks are being consid
The Chief Election Commissioner of Pakistan Tuesday declared Humaira Awais Shahid, wife of Adnan Awais Shahid (Late), as returning candidate for the vacant seat. The seat became vacant due to resignation of Ms Amina Jehangir, wife of Jehangir Zia in Punja
Fata development authority is executing a scheme "Investigation and Evaluation of Manganese Prospects" in Mohmand and Bajaur agencies, since 2005, costing Rs 80.147 million. The exploratory activities so far conducted resulted in estimation of 0.120 milli
The Supreme Court on Tuesday admitted for regular hearing, an appeal against the by-elections of NA-123 (Lahore-VI) wherein it has been stated that Election Commission of Pakistan (ECP) should not have allowed fresh candidates to participate in the electi
Pakistan Telecommunication Authority (PTA) and National University of Science and Technology (NUST) have signed a Memorandum of Understanding (MoU) to enhance mutual co-operation for research in the relevant field and to promote mutually beneficial relati
The government expressed serious concern over 50 percent direct release to non-governmental organisations under the Kerry Lugar arrangement without any monitoring mechanism. US administration has refused to take measures to deal with this concern.
A Lufthansa cargo plane crashed at the Saudi capital's international airport on Tuesday but there were no casualties, the airline and the kingdom's civil aviation authority said. "Two crew members were taken to hospital to undergo treatment for minor inju
A Lufthansa cargo plane crashed at the Saudi capital's international airport on Tuesday but there were no casualties, the airline and the kingdom's civil aviation authority said. "Two crew members were taken to hospital to undergo treatment for minor inju
The rupee moved both ways against dollar and euro on the local currency market on Tuesday, dealers said. On the interbank market the rupee rose by four paisa versus dollar for buying and selling at 85.55 at 85.60, they said. In the second Asian trade euro
BP''s chief executive Tony Hayward resigned on Tuesday, claiming to have been "demonised and vilified" over the Gulf of Mexico oil spill disaster that is set to cost the British group 32 billion dollars. Hayward, whose PR gaffes made him a target of US fu
The rupee moved both ways against dollar and euro on the local currency market on Tuesday, dealers said. On the interbank market the rupee rose by four paisa versus dollar for buying and selling at 85.55 at 85.60, they said. In the second Asian trade euro
BP's chief executive Tony Hayward resigned on Tuesday, claiming to have been "demonised and vilified" over the Gulf of Mexico oil spill disaster that is set to cost the British group 32 billion dollars. Hayward, whose PR gaffes made him a target of US fur
The insurance industry of Pakistan forms a meagre part of the GDP as compared to other nations of the world. With penetration of merely 0.5%, the industry is still in its nascent stage in consequent of lower demand. The concept of insurance in Pakist
BP's chief executive Tony Hayward resigned on Tuesday, claiming to have been "demonised and vilified" over the Gulf of Mexico oil spill disaster that is set to cost the British group 32 billion dollars. Hayward, whose PR gaffes made him a target of US fur
The spokesman of Khyber Pakhtunkhwa, Mian Iftikhar Hussein has reiterated the resolve of the continuation of war against terrorism till the complete elimination of the menace. The son of Mian Iftikhar Hussein, Provincial Minister for Information, Khyber P
The spokesman of Khyber Pakhtunkhwa, Mian Iftikhar Hussein has reiterated the resolve of the continuation of war against terrorism till the complete elimination of the menace. The son of Mian Iftikhar Hussein, Provincial Minister for Information, Khyber P
Finance Ministry has decided to empower Planning Commission to release funds for development projects in Public Sector Development Programme (PSDP) with the objective of reducing the throw forward liability of Rs 3 trillion by 20 to 30 percent, Busines
Finance Ministry has decided to empower Planning Commission to release funds for development projects in Public Sector Development Programme (PSDP) with the objective of reducing the throw forward liability of Rs 3 trillion by 20 to 30 percent, Busines
Finance Ministry has decided to empower Planning Commission to release funds for development projects in Public Sector Development Programme (PSDP) with the objective of reducing the throw forward liability of Rs 3 trillion by 20 to 30 percent, Busines
Europe on Tuesday cleared a merger between US carriers United and Continental that will create the world''s biggest airline, with the companies now racing to secure US approval. The green light from Brussels competition enforcers has still to be matched b
Europe on Tuesday cleared a merger between US carriers United and Continental that will create the world's biggest airline, with the companies now racing to secure US approval. The green light from Brussels competition enforcers has still to be matched by
Europe on Tuesday cleared a merger between US carriers United and Continental that will create the world's biggest airline, with the companies now racing to secure US approval. The green light from Brussels competition enforcers has still to be matched by
The newly appointed Chairperson of the Competition Commission of Pakistan (CCP), Rahat Kaunain Hassan, assumed the charge of her office on Tuesday. The Notification No 3-8/2010-Inv-III issued by the Government of Pakistan on Monday, 26 July 2010, said tha
The newly appointed Chairperson of the Competition Commission of Pakistan (CCP), Rahat Kaunain Hassan, assumed the charge of her office on Tuesday. The Notification No 3-8/2010-Inv-III issued by the Government of Pakistan on Monday, 26 July 2010, said tha
The newly appointed Chairperson of the Competition Commission of Pakistan (CCP), Rahat Kaunain Hassan, assumed the charge of her office on Tuesday. The Notification No 3-8/2010-Inv-III issued by the Government of Pakistan on Monday, 26 July 2010, said tha
A series of news items has appeared in a section of Press authored by few journalists alleging TCP for delay in import of sugar making Chairman TCP personally responsible for this delay. Chairman TCP wishes to clarify that the real causes of delay in impo
A series of news items has appeared in a section of Press authored by few journalists alleging TCP for delay in import of sugar making Chairman TCP personally responsible for this delay. Chairman TCP wishes to clarify that the real causes of delay in impo
A series of news items has appeared in a section of Press authored by few journalists alleging TCP for delay in import of sugar making Chairman TCP personally responsible for this delay. Chairman TCP wishes to clarify that the real causes of delay in impo
As the heavy showers continued on Tuesday, life in the metropolis came to a grinding halt and at least six people lost their lives in rain-related incidents. The incessant rains also disrupted the intra-city, inter-city and inter-province transport system
As the heavy showers continued on Tuesday, life in the metropolis came to a grinding halt and at least six people lost their lives in rain-related incidents. The incessant rains also disrupted the intra-city, inter-city and inter-province transport system
Bullish sentiments prevailed on the Lahore Stock Exchange (LSE) on Tuesday and equities maintained upward slide following approval of the concept paper of margin financing by the KSE board of directors. The LSE-25 index was increased by 24.81 points and w
Bullish sentiments prevailed on the Lahore Stock Exchange (LSE) on Tuesday and equities maintained upward slide following approval of the concept paper of margin financing by the KSE board of directors. The LSE-25 index was increased by 24.81 points and w
Australia Tuesday ordered an internal defence inquiry into thousands of leaked US military documents relating to the Afghan war to see whether they posed a risk to operations. Prime Minister Julia Gillard, whose government has some 1,550 soldiers in the t
Economic Co-ordination Committee (ECC) of the cabinet scheduled to meet on Thursday (tomorrow) may allow oil refineries to continue charging current 7.5 percent deemed duty on High Speed Diesel (HSD) which the Judicial Commission had recommended abolishin
Economic Co-ordination Committee (ECC) of the cabinet scheduled to meet on Thursday (tomorrow) may allow oil refineries to continue charging current 7.5 percent deemed duty on High Speed Diesel (HSD) which the Judicial Commission had recommended abolishin
Economic Co-ordination Committee (ECC) of the cabinet scheduled to meet on Thursday (tomorrow) may allow oil refineries to continue charging current 7.5 percent deemed duty on High Speed Diesel (HSD) which the Judicial Commission had recommended abolishin
Afghanistan's national security adviser called on the West Tuesday to review policy towards Pakistan after leaked Pentagon documents pointed to Pakistani double-dealing in the Afghan war. Kabul has consistently accused Pakistan's intelligence agency of su
Afghanistan's national security adviser called on the West Tuesday to review policy towards Pakistan after leaked Pentagon documents pointed to Pakistani double-dealing in the Afghan war. Kabul has consistently accused Pakistan's intelligence agency of su
The Pentagon said on Monday it was launching a manhunt to find whoever leaked tens of thousands of classified documents on the war in Afghanistan, one of the largest security breaches in US military history. US defence officials said the person behind the
The Pentagon said on Monday it was launching a manhunt to find whoever leaked tens of thousands of classified documents on the war in Afghanistan, one of the largest security breaches in US military history. US defence officials said the person behind the
A top US senator warned Tuesday against reading too much in a massive leak of Pentagon documents on the Afghan war and flatly rejected any comparison to the Vietnam-era "Pentagon Papers" disclosure. "I think it's important not to overhype or get excessive
A top US senator warned Tuesday against reading too much in a massive leak of Pentagon documents on the Afghan war and flatly rejected any comparison to the Vietnam-era "Pentagon Papers" disclosure. "I think it's important not to overhype or get excessive
Iranian President Mahmoud Ahmadi-nejad has denied, in an interview with US television, charges that his government is providing support to Taliban insurgents in Afghanistan. "We do not support any group," Ahmadinejad said when asked by CBS television in i
Iranian President Mahmoud Ahmadi-nejad has denied, in an interview with US television, charges that his government is providing support to Taliban insurgents in Afghanistan. "We do not support any group," Ahmadinejad said when asked by CBS television in i