The board of directors of JS Investment Ltd has approved the re-purchase programme of JS Growth Fund (JSGF) certificates. According to a communique to KSE here on Thursday, the company said that the repurchase programme will commence from December 13, 201

Directorate General of Post Clearance Audit (PCA) Islamabad organised a seminar on 'Customs Post Clearance Audit' at FPCCI auditorium here on Thursday. The seminar, which was aimed at to creating awareness about post clearance audit among trade representa

A delegation comprising representatives from Presidential Secretariat of Iran on Thursday offered to rehabilitate the healthcare facilities ruined during recent floods in Sindh. In a meeting followed by a briefing by Sindh Minister for Health, Dr Saghir A

The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) on Thursday launched a research document titled "Review of Pakistan's Large Scale Manufacturing (LSM) Sector - Diagnosis and the way forward". The launching ceremony, which was presided by

Sarim Ahmed of the Aga Khan Higher Secondary School clinched first position in the English section of the 6th Inter-Collegiate Bilingual Declamation contest of Sir Adamjee Institute. A announcement of the institution here on Thursday said that the Urdu de

In its 2010 annual report, Pakistan Telecommunication Authority (PTA) announced that wi-tribe Pakistan successfully ranked number one in both the 'Technology Neutral' and 'Technology-wise' categories for highest Quality of Service, despite being the young

Swiss Ambassador H. E. Christoph Bubb along with the Consul General Didier Boschung visited the Overseas Investors Chamber of Commerce & Industry (OICCI) to familiarise himself with the business environment in the country and to obtain the ground realitie

The years long deprivation of the people in various sectors of life would take time to address and the present government, which is the true reflection of the peoples' voice is striving hard to provide maximum facilities within shortest possible time by l

For the first time in the history of the Cantonment General Hospital, Peshawar Cantt; major surgery units started functioning and many successful operations were carried out this week by doctors in different specialities, which is a very encouraging step

The newly elevated Lahore High Court Chief Justice, Ijaz Ahmed Chaudhry here Thursday, took suo motu action against police torture on students and teachers outside Punjab Assembly, and sought report from the inspector general of police till December 13. T

In a bid to ensure foolproof security and maintain law and order in the capital city during Muharram, Islamabad Police organised a flag march in which Islamabad city police, anti terrorist squad, patrolling squads of rescue 15 and contingents of police co

"Pakistan Privatisation & Capital Market Forum", being held under the auspices of London Stock Exchange (LSE) in conjunction with Nomura Dubai, will open at LSE Headquarters London, UK on December 10, 2010 (Friday). Stock Exchange has invited Senator Waqa

"Pakistan Privatisation & Capital Market Forum", being held under the auspices of London Stock Exchange (LSE) in conjunction with Nomura Dubai, will open at LSE Headquarters London, UK on December 10, 2010 (Friday). Stock Exchange has invited Senator Waqa

Expressing displeasure over the performance of Federal Investigation Agency (FIA) in second case in a row, the Supreme Court directed its Director General (DG) to ensure safe custody of Ayaz Niazi, former Chairman National Insurance Corporation Limited (N

President Asif Ali Zardari said that the caucus comprising representatives of the African embassies in Islamabad, ministry of foreign affairs of Pakistan and other relevant ministries will provide a platform to further boost trade and commercial ties betw

As part of its enforcement and regulatory function, the Securities Market Division of the Securities and Exchange Commission of Pakistan (SECP) took enforcement actions against two brokerage firms. Fair-trade Capital Securities (Pvt) Limited, member, Kara

The Punjab government has decided in principle to set up Punjab Infrastructure Development Fund Company (PIDFC) for promoting economic activities and generating job opportunities in the province. The company will take measures for development of infrastru

Trade Development Authority of Pakistan (TDAP) will organise Pakistan's participation in a leading exhibition of healthcare products and services, "Hospitalar" to be held in Sao Paulo, Brazil from May 24, 2011. According to TDAP here on Thursday, the inte

Israel launched retaliatory air strikes on the Gaza Strip on Thursday hours after its top soldier warned troops to be prepared for possible "wider action" on the enclave's volatile border. An Israeli military spokeswoman said the strikes were aimed at thr

The Nobel Peace Prize panel on Thursday defended its award to jailed dissident Liu Xiaobo as based on "universal values", rejecting Beijing's accusation that it is trying force Western ideas on China. China maintained its combative tone on the eve of the

Palestinian president Mahmud Abbas Thursday stood firm on his demand for a halt to settlement building before talks with Israel can resume, as US officials scrambled to rescue the collapsing peace process. "We will not accept negotiations as long as settl

Zimbabwe President Robert Mugabe's wife was among those who gained millions of dollars from illegal diamonds mined in the east of the country, according to a US cable obtained by Wikileaks. "High-ranking Zimbabwean government officials and well-connected

Washington pressured Berlin not to enforce arrest warrants against CIA agents involved in the alleged 2003 abduction of a German citizen, leaked documents showed Thursday. The information, made public in diplomatic cables released by WikiLeaks and first r

Skirmishes raged across in cyberspace Thursday between WikiLeaks supporters and the companies they accuse of trying to stifle the group, with websites on both sides of the battle line choked off by attacks. Offline, some efforts by the US government and i

Turning up the pressure on China over the military crisis on the Korean peninsula, the US military chief said Thursday that Beijing has failed to live up to its role as a global power by not doing enough to defuse tensions. Adm. Mike Mullen, on a brief st

Taiwan has confirmed for the first time that it is mass-producing cruise missiles, despite fast warming ties with China. "Mass production of indigenous weapons like the ones under the code names of 'Chichun' (Lance Hawk) and 'Chuifeng' (Chasing Wind) is v

After two days on the warfront in Afghanistan, Defence Secretary Robert Gates was turning his attention Thursday to countries where the US is looking to avoid full-blown conflict Iran and Yemen. During a meeting with Abu Dhabi Crown Prince Mohammed bin Za

The American Chamber of Commerce has opened an office in Kabul, aiming to show investors that there is money to be made in Afghanistan, despite its security problems and corruption. At a lunch in Kabul's five-star Serena hotel on Thursday, US ambassador K

The African Union suspended the Ivory Coast Thursday after Laurent Gbagbo failed to heed its call to stand down as president and respect election results that handed victory to his rival. "The decision which was taken was to suspend Ivory Coast from parti

Jordan on Thursday appointed a women as chief district attorney of the country's capital, marking the first time a women has held a top prosecutor's post in the pro-American Arab kingdom. Ihsan Barakat, a 46-year-old judge and mother of two, will assume h

From the "Jesus Christ" crucifixion technique in Eritrea to the Uzbek practice of chilli pepper enemas, torture is a routine practice for state authorities across the globe, a report said Thursday. "One can reasonably estimate that more than half of the m

An Italian court on Thursday handed down an 18-year prison sentence against the former chief executive and founder of Parmalat at the close of a trial into one of Europe's biggest fraud scandals. Calisto Tanzi and other former executives were also ordered

Oil prices rose on Thursday, snapping two days of losses, as falling claims for US jobless benefits fed hopes about the economy, while crude also got a lift as gasoline futures jumped on news of a refinery outage. US gasoline futures led energy complex ga

Copper ended sharply higher Wednesday, moving back up against record highs, as supply-side constraints continued to draw in strong investment demand flows, even as the dollar rose and rate hike concerns in top-consumer China mounted. COMEX copper for Marc

London copper futures hit a record high on Thursday, while Shanghai futures volleyed more than 3 percent, encouraged higher by the positive longer term outlook, while aluminium was steady after a 3 percent rally in the previous session, buoyed by a strike

Copper fell from an earlier record high on Thursday as investors worried about demand in China ahead of key trade data from the top metals consumer, offsetting bullish signs of market tightness. Benchmark copper for three-month delivery on the London Meta

US cotton futures finished up by their daily limit on Thursday on investor buying spurred partly by strong export sales and talk that Indian cotton exports may fall short of trade expectations, brokers said. The benchmark March cotton contract on ICE Futu

Tokyo rubber futures ended near a 30-year-peak on Thursday as tight supply and firm oil helped the contracts defy pressure from a stronger yen. The key Tokyo Commodity Exchange rubber contract for May delivery settled 3.1 yen a kg higher at 380.3 yen, hav

Thursday's Rotterdam vegetable oil prices at 1700 GMT.

Thursday's Rotterdam vegetable oil prices at 1700 GMT.

Cocoa futures retreated for the first time in five sessions Wednesday on profit-taking as investors sat back to see if the political stalemate in top grower Ivory Cooast would end, analysts said Alasanne Ouattara and rival President Laurent Gbagbo remaine

Malaysian crude palm oil rose to a fresh 29-month high on Thursday as investors bet heavier monsoon rains next month would cut production. Investors also expected a stocks and production report by the Malaysian Palm Oil Board due on Friday to show a drawd

Liffe March robusta coffee ended $22 higher at $1,904 per tonne on Thursday as the market waits to see if rains will reduce both the size and quality of Vietnam's crop. Liffe March cocoa ended 17 pounds lower at 1,992 pounds a tonne. Market easing back fr

Gold prices fell more than 1 percent for a second day on Wednesday as an extended fall in US Treasury prices fuelled profit-taking from bullion's record run by investors seeking better yield returns. Spot gold traded at $1,382.79 an ounce, down 1.3 percen

Spot gold firmed a notch on Thursday, after sliding more than one percent in the previous session, as a dollar rally paused and resilient physical demand in Asia provided support. Spot gold gained 0.3 percent to $1,386.09 an ounce by 0627 GMT, after falli

Gold rose in choppy trade on Thursday, as the gyrations in the US dollar put the price on track for its most volatile session in two weeks while investors weighed up the outlook for US economic growth. Weekly US jobless data signalled the economy is recov

ICE cocoa futures eased on Thursday as dealers locked in gains from this week's four-month highs as attention focused on potential supply risks due to a political impasse in Ivory Coast after a disputed election. ICE raw sugar eased, underpinned by uncert

Soyabean futures on the Chicago Board of Trade were lower early on Thursday on technical selling and spillover pressure from a downturn in crude oil, traders said. Corn futures edged higher on light positioning ahead of the US Department of Agriculture's

Gold prices rose in choppy trade early on Thursday, rebounding after the previous sessions' losses, helped by a bounce of US Treasury prices and as a dollar rally lost momentum. Benchmark Treasury yields fell from a six-month high after a successful 30-ye

Organisation for World Peace, an international non governmental organisation (NGO) working for the promotion of peace, development and resolution of international conflicts through dialogues, has appointed journalist, Sudhir Chaudhry as its representative

Thousands of jobless youths who had appeared in the written test and interviews for the posts of assistant directors, complaint assistants, Naib Qasids and Chowkidars (watchmen) are still waiting for their appointment letters since June 2010. They told ne

A four-member delegation of CBI (Centre for Promotion of Import from Developing Countries) consultant (Netherlands) on Thursday visited Sialkot Chamber of Commerce and Industry (SCCI) and discussed different aspects pertaining to promotion of exports. Pro

Pakistan Red Crescent Society (PRCS) will set up First Aid Camps on at different places in the city. According to press release here on Thursday, the camps would be set up to provide treatment to the mourners and other people during the processions and Ma

Islamabad Police's Crime Investigation Agency (CIA) Property Wing has arrested four persons for their alleged involvement in dacoities, recovering two 30-bore pistols, golden ornaments, three mobile phones from their possession, said a spokesman of Islama

An international campaign being observed across the globe including Pakistan since November 25, aimed at ending violence against women, would conclude on December 10 (today). During the campaign, organisations of women launched campaigns, demonstrations,

Students of various local colleges on Thursday staged protest demonstration on city roads against Police baton charge on students in front of Punjab Assembly Building Lahore. The students of Islamia College assembled on Sargodha Road and raised slogans ag

DPO Tando Muhammad Khan, Muhammad Riaz Soomro has directed police officers to expedite efforts to maintain law and order during Muharram-ul-Haram and have strict vigilance on unidentified and suspicious persons. Presiding a meeting of police officers of t

The prices of clothes, shoes and other items at lunda bazaars have doubled this year as compared to last year, reveals a survey carried out by Business Recorder here on Thursday. Lunda-Bazaar is a market where traders sell used items including warm

It's a need of the hour that Child Rights Laws should be modified into Child friendly. This was stated Lawyers at a Orientation Session organised by Children Complaint Office, Ombudsman Punjab on Thursday at a local hotel. Child Protection Specialist Unic

Telenor Pakistan and TransferTo, the international mobile airtime top-up network, have joined hands to enable International Top-Ups to Telenor subscribers from overseas. Pakistanis living abroad can now conveniently top-up their loved ones' phones with Te

Punjab Board of Investment and Trade (PBIT) has facilitated the leading telecom companies of Pakistan towards resolution of their expansion plans in Punjab, worth $250 million, for year 2010-11.

No department is free of corruption and government officials encourage politicians for corruption. This was said by Speaker Balochistan Muhammad Aslam Bhootani, while addressing a seminar 'Combating Corruption' organised by National Accountability Bureau

Prime Minister Syed Yousuf Raza Gilani returned home on Thursday after completing his four-day official visit to Turkey, where he held talks with the Turkish leadership and local businessmen to give further boost to the existing friendly relations between

The Consul General of Switzerland, Didier Boschung hosted a reception at his residence to welcome the new Ambassador of Switzerland, Christoph Bubb and his wife in Karachi. This is their first visit to the metropolitan area since the Ambassador took charg

Pakistan on Thursday cautioned that country-specific exceptions in terms of promoting peaceful nuclear co-operation are inherently counter-productive, which is not only a step backward but also has serious implications for regional and global security.

Despite tall claims of Sui Northern Gas Pipelines Limited (SNGPL), an acute shortage of gas for domestic users has paralysed routine life in various areas of the city. The unavailability of gas, on Thursday, forced people to take it to streets. They regis

Chairman Aamir Allawala and Vice Chairman Nabeel Hashmi of Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has described the government's decision to increase the age limit for import of used cars from 3 to 5 years, as the

National Productivity Organisation (NPO) has evolved a three-pronged strategy to cope with today's increasingly competitive environment and achieve the target of economic growth. NPO Chief Executive Officer, Khawaja Mohammad Yousaf stated this while speak

Punjab Chief Minister, Shahbaz Sharif said here on Thursday that cottage industry has the key importance in the development of a country and in view of this fact, Punjab government has decided to activate and revitalise Punjab Small Industries Corporation

National Assembly's Public Accounts Committee (PAC) on Thursday expelling the Director General Pakistan Broadcasting Corporation (PBC) from the meeting directed the Establishment Division to issue directive for shutting the doors on such government offici

The Supreme Court on Thursday warned the Director General (DG) Federal Investigation Agency (FIA) Waseem Ahmed against adopting a lenient approach in probing the alleged corruption and mishandling of Haj affairs, terming his conduct as disappointing keepi

'The International Day Against Corruption' was observed in Pakistan like other parts of the globe on Thursday with a firm resolve to continue efforts for creating a corruption free society through raising awareness among the people against corrupt practic

The Federal Board of Revenue (FBR) would invite international VAT experts to the next meeting of federal and provincial finance secretaries on December 17-18 to review around 100 amendments proposed in the Reformed General Sales Tax, clarifying procedural

Federal Minister for Food and Agriculture (Minfa), Nazar Muhammad Gondal has invited foreign investors to invest in agriculture sector, saying that there are huge potential in Pakistan's agriculture-related industry especially fertiliser, farm machinery a

The Tax Reform Co-ordination Group (TRCG) of the Federal Board of Revenue (FBR) has strongly recommended early setting up of five valuation offices abroad to improve customs valuation system for accurate assessment of duties and taxes on the imported good

National Database and Registration Authority, NADRA has busted a gang involved in making fake Computerised National Identity Cards (CNICs) and held three NADRA officials in this regard. "We have busted the gang of criminals and also held three NADRA offic

The Supreme Court on Thursday hinted at forming a commission to probe into breaches allegedly made in the canals and rivers to divert devastating floodwater to save agriculture farms of influential people of Sindh and Balochistan.

The Lahore High Court (LHC) adjourned the hearing for January 18 and issued notice to Punjab government in a petition challenging ban on use of sugar in government offices imposed by Chief Minister Shahbaz Sharif. Federal and Punjab governments, ministry

More than 100 citizens on Thursday organised a rally and staged a demonstration in favour of WikiLeaks for exposing the nefarious designs of United States and United Kingdom. They also burnt the flags of UK and US and condemned the arrest of Julian Assang

Pakistan and South Korea here on Thursday signed a Framework Arrangement, under which, the later would provide a soft loan of $180 million for development projects in Pakistan. The signing ceremony was held here at Economic Affairs Division. The agreement

Naib Ameer Jamaat-e-Islami (JI) Senator Professor Khurshid on Thursday accused the government of using delaying tactics in bringing the Accountability Bill to the National Assembly for passing it into law to arrest the rampant corruption in government's i

Pakistan Tehreek-e-Insaf (PTI) on Thursday warned the government of countrywide agitations against the imposition of Reformed General Sales Tax (RGST), urging the masses to come out against the price-hike, corruption and bad governance.

Pakistan Muslim League-Nawaz (PML-N) leader Syed Zaeem Hussain Qadri has taken strong exception of the baseless allegations of Chaudhry Pervaiz Elahi and said he (Elahi), by issuing misleading statements, is trying to disrupt educational environment of th

Pakistan Muslim League (N) showed its resentment over harassment and intimidation of Resident Editor Business Recorder Anjum Ibrahim by a Russian diplomat on Wednesday morning and asked the Foreign Office to take an immediate action against the acc

Increase in militancy and intolerance has heightened threats to human rights in Pakistan, the Human Rights Commission of Pakistan (HRCP) said on Thursday. A statement issued by HRCP on the eve of Human Rights Day said, December 10 is an occasion to reflec

An advocate Rana Ilam-ud-Din here Thursday moved an appeal before Supreme Court of Pakistan challenging the Lahore High Court order of dismissing his petition requesting for fresh trial of former Prime Minister Zulfiqar Ali Bhutto. He moved this petition

That the economy is in a shambles is clearly evident from its revenue generating techniques that are mainly loans from various international donor agencies and, by squeezing the public like lemons into obtaining an income, a large chunk of which goes into

"I don't know what my future is any more," says Mollie White, a 16-year-old schoolgirl who has joined nation-wide student protests in Britain against a planned steep rise in tuition fees. Like many of her fellow-pupils, Mollie fears that, if the fees go u

One of the major challenges Pakistan faces today is the enormous disparity between rural areas and urban concentrations. There are a variety of factors to build on this situation. Investment in infrastructure, industry and services sector has been central

November 26, 2010 was rightly termed as 'Black Day' in the history of upper house of Pakistan by political parties, opposing the General Sales Tax Bill 2010 as Senate Chairman Farooq H Naek rejected their demand for count of votes. They claimed that membe

That the Balochistan Chief Minister, Nawab Aslam Raisani, came under a murderous attack on Tuesday only a week after the provincial governor, Nawab Zulfikar Magsi, narrowly escaped a similar attempt on his life - that is a measure of the momentum the insu

Foreign investment, among other things, is generally aimed at providing service for the national economy or contributing to development or improvement thereof and creating opportunities for employment of local manpower and training them for gaining skills

The government on Thursday notified two holidays in connection with 9th and 10th Muharrum-ul-Harram falling on December 16 and 17 (Thursday and Friday). The notification has been issued in pursuance of the announcement of the Central Ruet-e-Hilal Committe

The government on Thursday notified two holidays in connection with 9th and 10th Muharrum-ul-Harram falling on December 16 and 17 (Thursday and Friday). The notification has been issued in pursuance of the announcement of the Central Ruet-e-Hilal Committe

The weather report on Thursday (December 09, 2010) and the forecast for Friday (December 10, 2010).

The US military is cutting ties with an Afghan security firm run by relatives of President Hamid Karzai that has been accused of bribing both government officials and Taliban commanders, according to documents obtained Thursday. The move is part of US eff

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 09, 2010).

The US military is cutting ties with an Afghan security firm run by relatives of President Hamid Karzai that has been accused of bribing both government officials and Taliban commanders, according to documents obtained Thursday. The move is part of US eff

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 09, 2010).

India's sari-clad ambassador was pulled from an airport security line and patted down by a security agent in Mississippi after attending a conference, an act one state agency official called ``unfortunate.'' The hands-on search last week also embarrassed