On Friday, the BRIndex30 opened at 7,726.38 points and remained in green throughout the trading time, except for a short dip near the middle. It touched the intra-day high of 7,785.75 points and low of 7,718.66 points and closed at 7,745.53 points with a
Federal Board of Revenue (FBR) here on Friday extended the date for payment of taxes/duty for tax period September 2010 and filing of sales tax and federal excise duty returns up to October 25, 2010. It has issued instructions to Large Taxpayer Units (LTU
Federal Board of Revenue (FBR) here on Friday extended the date for payment of taxes/duty for tax period September 2010 and filing of sales tax and federal excise duty returns up to October 25, 2010. It has issued instructions to Large Taxpayer Units (LTU
Federal Board of Revenue (FBR) here on Friday extended the date for payment of taxes/duty for tax period September 2010 and filing of sales tax and federal excise duty returns up to October 25, 2010. It has issued instructions to Large Taxpayer Units (LTU
The Oil and Gas Regulatory Authority (Ogra) has turned down the request of Sui Northern Gas Pipeline (SNGPL) to raise gas tariff by Rs 2.43 per mmbtu and, instead has revised the average prescribed price downward by Rs 2.93 per mmbtu.
The Oil and Gas Regulatory Authority (Ogra) has turned down the request of Sui Northern Gas Pipeline (SNGPL) to raise gas tariff by Rs 2.43 per mmbtu and, instead has revised the average prescribed price downward by Rs 2.93 per mmbtu.
The Oil and Gas Regulatory Authority (Ogra) has turned down the request of Sui Northern Gas Pipeline (SNGPL) to raise gas tariff by Rs 2.43 per mmbtu and, instead has revised the average prescribed price downward by Rs 2.93 per mmbtu.
World powers told Pakistan that post-flood aid was part of a "two-way" deal on reform Friday, as Islamabad also offered to lend a hand to regional peace by facilitating Afghan-Taliban talks. After US Secretary of State Hillary Clinton demanded Pakistan's
World powers told Pakistan that post-flood aid was part of a "two-way" deal on reform Friday, as Islamabad also offered to lend a hand to regional peace by facilitating Afghan-Taliban talks. After US Secretary of State Hillary Clinton demanded Pakistan's
World powers told Pakistan that post-flood aid was part of a "two-way" deal on reform Friday, as Islamabad also offered to lend a hand to regional peace by facilitating Afghan-Taliban talks. After US Secretary of State Hillary Clinton demanded Pakistan''s
Italian Foreign Minister Franco Frattini warned on Friday that Italy's support for special trade favours to Pakistan is conditional on "regional" rivals being denied similar concessions. Italy is the country in the European Union holding up a British prop
Italian Foreign Minister Franco Frattini warned on Friday that Italy's support for special trade favours to Pakistan is conditional on "regional" rivals being denied similar concessions. Italy is the country in the European Union holding up a British prop
Italian Foreign Minister Franco Frattini warned on Friday that Italy''s support for special trade favours to Pakistan is conditional on "regional" rivals being denied similar concessions. Italy is the country in the European Union holding up a British pro
Net foreign investment posted a decline of 28 percent during the first quarter of the current fiscal year, mainly due to low portfolio investment. The central bank on Friday said that net foreign investment comprising foreign direct investment (FDI) and p
Muhammad Ashraf shared his keen observations of everyday life happenings, culture and our political system with the viewers in a recent exhibition at the Artchowk Gallery, Karachi, entitled 'Laughters of Idiocy'. For Ashraf Art is a supreme captivating fo
The National Finance Commission (NFC) Technical Standing Committee on Reformed General Sales Tax (RGST) on services was unable to reach consensus on provincial legislation pertaining to RGST on services.
The fifty nine years after Prime Minister Liaquat Ali Khan's tragic death, his work and achievement could be seen in a better perspective than it was possible immediately after his death in 1951. Through the years, his compelling personality has risen in
The National Finance Commission (NFC) Technical Standing Committee on Reformed General Sales Tax (RGST) on services was unable to reach consensus on provincial legislation pertaining to RGST on services.
More often than not I keep illustrating defensive problems because defence is the most difficult part of bridge and quite often we see even the best slip in defence much to the delight of the dejected declarer who had almost given up hope of making his bi
The National Finance Commission (NFC) Technical Standing Committee on Reformed General Sales Tax (RGST) on services was unable to reach consensus on provincial legislation pertaining to RGST on services.
The Federal Board of Revenue (FBR) has suggested levying income tax surcharge on the 2.7 million existing income tax payers of the country to generate additional funds for flood victims while there is no proposal which specifically targets the rich and th
The Federal Board of Revenue (FBR) has suggested levying income tax surcharge on the 2.7 million existing income tax payers of the country to generate additional funds for flood victims while there is no proposal which specifically targets the rich and th
The Federal Board of Revenue (FBR) has suggested levying income tax surcharge on the 2.7 million existing income tax payers of the country to generate additional funds for flood victims while there is no proposal which specifically targets the rich and th
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
Federal Minister for Law, Justice and Parliamentary Affairs Dr Babar Awan said on Friday that Prime Minister Yousuf Raza Gilani will address the nation on Sunday night to clarify the government's stance on what happened on late Thursday night. "The premie
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
Net foreign investment posted a decline of 28 percent during the first quarter of the current fiscal year, mainly due to low portfolio investment. The central bank on Friday said that net foreign investment comprising foreign direct investment (FDI) and p
Net foreign investment posted a decline of 28 percent during the first quarter of the current fiscal year, mainly due to low portfolio investment. The central bank on Friday said that net foreign investment comprising foreign direct investment (FDI) and p
Positive trend continued at Karachi share market on Friday and KSE-100 index rose by 0.22 percent or 22.82 points. The KSE-100 index rose to 10,431.84 points from 10,409.02 points. The market opened in green zone and remained positive for entire day. The
Positive trend continued at Karachi share market on Friday and KSE-100 index rose by 0.22 percent or 22.82 points. The KSE-100 index rose to 10,431.84 points from 10,409.02 points. The market opened in green zone and remained positive for entire day. The
Positive trend continued at Karachi share market on Friday and KSE-100 index rose by 0.22 percent or 22.82 points. The KSE-100 index rose to 10,431.84 points from 10,409.02 points. The market opened in green zone and remained positive for entire day. The
On Friday, the BRIndex30 opened at 7,726.38 points and remained in green throughout the trading time, except for a short dip near the middle. It touched the intra-day high of 7,785.75 points and low of 7,718.66 points and closed at 7,745.53 points with a
Nigerian 400-metre runner Folashade Abugan, who won two silver medals at the Delhi Commonwealth Games, has failed a drugs test and been disqualified, the Games' federation said Friday. She is the third Nigerian to fail doping tests at the Delhi event, whi
BP Pakistan (BPP), as part of its community investment programme, donated the much needed medical equipment worth Rs 0.4 million to a dispensary in Village Saeed Khan Laghari, Taluka Chamber, Tando Allahyar in a simple ceremony held at the facility on Fri
Thirteen finalists of the Asian CSR Awards were announced, from which five winners and eight excellence awardees will be honoured during the 9th Asian CSR Awards to be held at the Crowne Plaza Mutiara Kuala Lumpur on October 22, 2010. AIM Distinguished Al
Pakistan Tanners Association (PTA) has suggested the government to establishing leather ministry. In a communication to the prime minister, Central Chairman PTA, Khurshid Alam has suggested that leather ministry be established on the pattern of textile mi
Punjab Chief Minister Muhammad Shahbaz Sharif has on Friday said that any conspiracy against judiciary will tantamount to a direct attack on the Constitution of Pakistan and democracy. He also said an independent and free judiciary is of fundamental impor
Fishermen have asked the world donors to waive off Pakistan's huge debts and help the country recover from devastation of floods. They said the country had to pay $3 billion as debt servicing annually and urged the global financial institutions to waive o
International 'White Cane Safety Day' was observed here under the auspices of Helper Association for Disabled, here on Friday. Students of Al-Janat Foundation, Labots Association, Pakistan Youth Trust and Sun Rise Blind School Iqbal Town participated in t
Government College University (GCU) is alma mater of the highest number of visually impaired students as compared to any other university of the country and has set up state-of-the-art Centre for Special Students (GCU CSS), said GCU Vice Chancellor Profes
Pakistani pop-rock group Strings, official brand ambassadors for Etihad Airways in Pakistan, has distributed over 500 gift packs to displaced children living in the Sujawal relief camp, in collaboration with Emirates International Mobile Humanitarian Hosp
The first caravan of IDPs camped at Hyderabad comprised of 173 families and 942 members was seen off by the Chairman District Relief Committee Hyderabad MNA Syed Ameer Ali Shah Jamote, Sindh Minister for Special Education Syed Ali Nawaz Shah Rizvi and Dis
The Federal government has closed down its Flood Forecasting Division (FDD) here on Friday at the end of 2010 monsoon season. FFD was opened on 15th April for six months to report daily weather/rainfall/flood forecast of gauging stations, water inflows in
ZONG - country's fastest growing cellular network - announced an initiative for protection of metropolitan environment in Lahore, as a Corporate Social Responsibility project.
Pakistan International Airline (PIA) will start its Hajj operation from Sialkot on October 29th. The first flight carrying 468 pilgrims will take-off for Jeddah at 7:25am from Sialkot International Airport. Station Manager PIA, Khalid Hameed told Busin
President Australian Institute of International Affairs Ian Dudgeon along with Peter Bartlett, First Secretary (Political) Australian High Commission and Fiona Hamilton, Secretary (Political) Australian High Commission visited NetSol Technologies here on
Pakistan Electric Power Company (Pepco) has managed to bridge the wide demand-supply gap of electricity by about 1,000 MW to the much relief of consumers as there was only a few hours of loadshedding on Friday. A Pepco spokesman told Business Recorder
The Lahore High Court Friday adjourned the hearing of a constitutional petition challenging the appointment of former justice Syed Deedar Hussain as chairman National Accountability Bureau (NAB) to October 22. The LHC Chief Justice on Friday fixed the hea
Chairman Federal Public Service Commission (FPSC), Justice Rana Bhagwandas (Retd) will be the chief guest at the 'EVS Awareness Seminar' to be held under the aegis of Punjab Education Foundation (PEF) at Rawalpindi Arts Council Auditorium, Shamsabad, Murr
Vice-President of a leading German engineering company Uhde Middle East branch Dr Guido Denial met Punjab Chief Minister Shahbaz Sharif here on Friday and discussed co-operation in energy sector. Provincial Commerce Minister Sardar Dost Muhammad Khan Khos
Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) Managing Committee has expressed its distress over the blocking of payments of motorcycle/rickshaws' vendors by Chinese brand Original Equipment Manufacturers (OEMs).
Secretary Health Punjab, Fawad Hassan Fawad has directed the health department to start awareness campaign against dengue fever to provide information regarding the symptom of the disease, precautionary measures and treatment. The secretary health asked t
The Lahore High Court on Friday adjourned hearing of a petition to November 1st against Federal Law Minister, Babar Awan for giving a bogus cheque of Rs 30 million to a district bar Hafizabad as the federal government sought time to file reply. President
Pakistan National Shipping Corporation (PNSC) has announced 15 percent cash dividend to its shareholders at the 32nd annual general meeting. According to a press release issued here on Friday, Chairman PNSC Brigadier Rashid Siddiqui while presiding over t
Pakistan National Shipping Corporation (PNSC) has announced 15 percent cash dividend to its shareholders at the 32nd annual general meeting. According to a press release issued here on Friday, Chairman PNSC Brigadier Rashid Siddiqui while presiding over t
A meeting of architectures, designers, town planners and engineers of the consortium of firms undertaking the master planning of DHA City Karachi, a new residential project on Super Highway, was held at DHA's Main Office here the other day.
MCB Bank Limited & Engro Corporation signed an agreement appointing MCB as a distributor for Engro's Rupiya Certificates (ERC) issue of Rs 4 billion. This initiative was spearheaded by the Bank's Investment Services Department that is involved in the dist
The cement sector needs relief in duties and taxes, to meet the high local demand for the construction of millions of homes and huge infrastructure devastated by floods in many parts of the country, according to cement manufacturers. Some of the communica
Families, friends and loved ones of the Air Blue victims have announced the formation of the 'Air Blue Crash Affectees Group'. The group aims at providing a platform for all affected families to gather and raise their concerns and to share their pain. The
Global Media Links (GML) is organising 1st Global CEO Excellence Awards 2010 on 21st October, 2010 at a local hotel to admire leadership of different sectors of life, including large businesses, industries, small and medium enterprises, government departm
All six funds under the management of National Investment Trust Limited (NIT) have shown healthy growth in net income and appreciation in unit value during the first quarter of FY11.
All six funds under the management of National Investment Trust Limited (NIT) have shown healthy growth in net income and appreciation in unit value during the first quarter of FY11.
Gold fell on Friday, snapping a two-day record-setting rally, as the dollar rose and Fed Chairman Ben Bernanke offered few new details on further economic stimulus which prompted investors to take profits. In a day of volatile trade and a host of mixed ma
US copper futures ended up for a fifth consecutive weekly gain on Friday, with a spike in regional manufacturing activity helping to keep prices buoyed near 27-month highs, even in the face of a firmer dollar. Copper for December delivery rose 2.35 cents
Soyabean futures on the Chicago Board of Trade were firm Friday, supported by reminders of strong export demand and technical momentum after the spot contract surpassed $12 a bushel in overnight trade, brokers said. But corn and wheat were choppy as techn
Cocoa futures fell on Friday after grindings data from Europe and North America showed weak demand, while sugar and arabica coffee were also lower. ICE March cocoa traded down $60 or 2 percent at $2,848 per tonne. Brokers and dealers referred to slack act
Gold fell 1 percent in volatile trade on Friday, having earlier jumped to within a few dollars of the previous day's record high, as the dollar rebounded from earlier losses amid concerns the unit's slide had been overdone. The dollar slipped versus the e
Gold was steady on Friday, pausing from a record-breaking rally, as investors await US economic data and a speech from Federal Reserve Chairman Ben Bernanke for cues on monetary policy. Spot gold gained 0.3 percent to $1,380.35 an ounce by 0628 GMT, on co
US gold futures set an all-time high for a second day on Thursday, as the dollar hit its lowest level in 2010, increasing the metal's investment appeal as a hedge against currency depreciation. COMEX December gold futures settled up $7.10 at $1,377.60 an
Oil prices fell nearly 2 percent in light, volatile trading on Friday, posting their first weekly loss in four weeks, as options expired and the dollar rose, sparking profit-taking ahead of the weekend. Oil prices rose early in the session after US Federa
Tokyo rubber futures rose to their strongest in more than two years for a second day on Friday as supply concerns defied pressure from weaker oil and stocks, while Shanghai futures extended its rally to a fresh record. The key Tokyo Commodity Exchange rub
Soyabean futures on the Chicago Board of Trade ended 1 percent higher on Thursday after matching Wednesday's 14-month high, lifted by demand from domestic crushers and exporters along with a weak US dollar. NOPA pegs US September soya crush at 124.917 mil
Liffe front-month December white sugar ended $15.50 lower at $696.20 per tonne on Friday. Market underpinned by tight global supply outlook. Liffe second-month March cocoa ended 49 pounds lower at 1,877 pounds a tonne. Market weighed by a surprising drop
Sugar futures sprang to an eight-month high for the third day running on Thursday due to crop problems in leading grower Brazil and chart-based investment fund buying in the sweetener, analysts said. The rest of the complex failed to match that surge as c
Global vegetable oil markets hit fresh two-year highs on Friday with palm oil hovering near a key resistance level as markets continued to price in a possible supply shortfall and a weaker dollar. China's most active May soyaoil contract, which jumped 7 p
Copper gave up session gains to close flat on Friday, running out of steam after a week of gains, although prices were underpinned by comments from the US central bank which pointed to further monetary easing. Benchmark copper on the London Metal Exchange