The Federal Board of Revenue (FBR) is going to take the World Bank (WB) on board to decide the prospects of automated customs clearance system (PaCCS), Business Recorder learnt on Wednesday. According to sources, the board, after a long stand-off w
The Federal Board of Revenue (FBR) is going to take the World Bank (WB) on board to decide the prospects of automated customs clearance system (PaCCS), Business Recorder learnt on Wednesday. According to sources, the board, after a long stand-off w
Pakistani Navy has initiated court martial proceedings against three senior officials who have been charged with committing lapses during a terrorist attack on a naval airbase in Karachi, a private TV channel reported Wednesday. The commanding officer of
Pakistani Navy has initiated court martial proceedings against three senior officials who have been charged with committing lapses during a terrorist attack on a naval airbase in Karachi, a private TV channel reported Wednesday. The commanding officer of
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
China's Foreign Ministry on Wednesday praised Pakistan as a firm partner against terror and religious extremism, playing down the risk that ties could be strained by an attack that Chinese officials blamed on militants trained in Pakistan.
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 Commi
Growth in much of the world's service sector was anemic in July as firms around the world worried about the debt crisis in Europe and the US as a well as slowing consumer demand, business surveys showed on Wednesday. World stocks tumbled, with the US S&P
Growth in much of the world's service sector was anemic in July as firms around the world worried about the debt crisis in Europe and the US as a well as slowing consumer demand, business surveys showed on Wednesday. World stocks tumbled, with the US S&P
Growth in much of the world''s service sector was anemic in July as firms around the world worried about the debt crisis in Europe and the US as a well as slowing consumer demand, business surveys showed on Wednesday. World stocks tumbled, with the US S&P
Finance Minister Dr Abdul Hafeez Sheikh informed the National Assembly on Wednesday that non-performing loans (NPLs) of the banks as on December 31, 2010 stood at Rs 464.851 billion, of which Rs 354.185 billion, or 76 percent was in loss category.
Finance Minister Dr Abdul Hafeez Sheikh informed the National Assembly on Wednesday that non-performing loans (NPLs) of the banks as on December 31, 2010 stood at Rs 464.851 billion, of which Rs 354.185 billion, or 76 percent was in loss category.
Finance Minister Dr Abdul Hafeez Sheikh informed the National Assembly on Wednesday that non-performing loans (NPLs) of the banks as on December 31, 2010 stood at Rs 464.851 billion, of which Rs 354.185 billion, or 76 percent was in loss category.
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (August 03, 2011).
The Cabinet Committee on Privatisation (CCoP), which is scheduled to meet on August 5, 2011 under the chairmanship of Finance Minister Dr Abdul Hafeez Shaikh, is expected to approve divestment of 88 percent shares of profit earning National Power Construc
The Cabinet Committee on Privatisation (CCoP), which is scheduled to meet on August 5, 2011 under the chairmanship of Finance Minister Dr Abdul Hafeez Shaikh, is expected to approve divestment of 88 percent shares of profit earning National Power Construc
The Cabinet Committee on Privatisation (CCoP), which is scheduled to meet on August 5, 2011 under the chairmanship of Finance Minister Dr Abdul Hafeez Shaikh, is expected to approve divestment of 88 percent shares of profit earning National Power Construc
Three back to back meetings held on Wednesday in the Presidency on the situation in Karachi resulted in a decision taken by the coalition partners in the provincial government to authorise President Asif Ali Zardari to hold political negotiations with all
Three back to back meetings held on Wednesday in the Presidency on the situation in Karachi resulted in a decision taken by the coalition partners in the provincial government to authorise President Asif Ali Zardari to hold political negotiations with all
Chief of Muttahida Quami Movement (MQM) Altaf Hussain has said that although more than three generations of the Mohajirs are buried in Sindh some of the chauvinist Sindhis refuse to accept them as the rightful citizens or the indigenous people of Sindh. H
Chief of Muttahida Quami Movement (MQM) Altaf Hussain has said that although more than three generations of the Mohajirs are buried in Sindh some of the chauvinist Sindhis refuse to accept them as the rightful citizens or the indigenous people of Sindh. H
The Karkey, Karadeniz Holding, rental power project, having defaulted in meeting its electricity production commencement deadline of November 8, 2009, may have to pay penalty for 21 months, which comes to Rs 22 billion. As per contract agreement, the Gove
The Karkey, Karadeniz Holding, rental power project, having defaulted in meeting its electricity production commencement deadline of November 8, 2009, may have to pay penalty for 21 months, which comes to Rs 22 billion. As per contract agreement, the Gove
The Karkey, Karadeniz Holding, rental power project, having defaulted in meeting its electricity production commencement deadline of November 8, 2009, may have to pay penalty for 21 months, which comes to Rs 22 billion. As per contract agreement, the Gove
Investors' fear over a fragile law and order situation in the city created panic selling at the Karachi share market on Wednesday and the KSE-100 index registered a heavy decline of 284.61 points to close at 11,941.72 points. The market opened on a strong
Investors' fear over a fragile law and order situation in the city created panic selling at the Karachi share market on Wednesday and the KSE-100 index registered a heavy decline of 284.61 points to close at 11,941.72 points. The market opened on a strong
Investors'' fear over a fragile law and order situation in the city created panic selling at the Karachi share market on Wednesday and the KSE-100 index registered a heavy decline of 284.61 points to close at 11,941.72 points. The market opened on a stron
On Wednesday, the BRIndex30 opened at 8,619.09 points and remained in negative throughout the trading session. It touched the intra-day high of 8,602.27 points and low of 8,389.03 points and closed at 8,401.81 points with a net negative change of -217.28
On Wednesday, the BRIndex30 opened at 8,619.09 points and remained in negative throughout the trading session. It touched the intra-day high of 8,602.27 points and low of 8,389.03 points and closed at 8,401.81 points with a net negative change of -217.28
Bearish sentiment dominated the Lahore Stock Exchange on Wednesday and the equities registered declines across the board mainly on account of MQM leader Altaf Hussain's statement advising people in Karachi to store one-month ration. The LSE-25 index poste
Bearish sentiment dominated the Lahore Stock Exchange on Wednesday and the equities registered declines across the board mainly on account of MQM leader Altaf Hussain's statement advising people in Karachi to store one-month ration. The LSE-25 index poste
Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 90.29 points from 2,755.84 points to 2665.55 points. Turnover amounted to 68,159 share
Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 90.29 points from 2,755.84 points to 2665.55 points. Turnover amounted to 68,159 share
The head of a British police force and his deputy were arrested on Wednesday on suspicion of corruption and fraud, a source with knowledge of the investigation said. Sean Price, chief constable of Cleveland Police in north-east England, and his deputy Der
The head of a British police force and his deputy were arrested on Wednesday on suspicion of corruption and fraud, a source with knowledge of the investigation said. Sean Price, chief constable of Cleveland Police in north-east England, and his deputy Der
A joint venture between miners Antofagasta and Barrick Gold expects a decision on a key mining licence in Pakistan by mid-September, potentially paving the way for a major copper and gold project in the country's poorest region.
A joint venture between miners Antofagasta and Barrick Gold expects a decision on a key mining licence in Pakistan by mid-September, potentially paving the way for a major copper and gold project in the country's poorest region.
A joint venture between miners Antofagasta and Barrick Gold expects a decision on a key mining licence in Pakistan by mid-September, potentially paving the way for a major copper and gold project in the country''s poorest region.
The Oil and Gas Regulatory Authority (Ogra) considered the request of Liquefied Natural Gas importers to amend the LNG Policy, according to which the developers of LNG would have the right to directly sell Re-gassed Liquefied Natural Gas (RLNG) to end use
The Oil and Gas Regulatory Authority (Ogra) considered the request of Liquefied Natural Gas importers to amend the LNG Policy, according to which the developers of LNG would have the right to directly sell Re-gassed Liquefied Natural Gas (RLNG) to end use
The Oil and Gas Regulatory Authority (Ogra) considered the request of Liquefied Natural Gas importers to amend the LNG Policy, according to which the developers of LNG would have the right to directly sell Re-gassed Liquefied Natural Gas (RLNG) to end use
Nearly 2,500 shipping containers bound for war-ravaged Afghanistan are stuck at Karachi port, officials said on Wednesday, in a wrangle over financial guarantees for the goods as part of a trade transit deal brokered by the United States. The transit trad
Nearly 2,500 shipping containers bound for war-ravaged Afghanistan are stuck at Karachi port, officials said on Wednesday, in a wrangle over financial guarantees for the goods as part of a trade transit deal brokered by the United States. The transit trad
Nearly 2,500 shipping containers bound for war-ravaged Afghanistan are stuck at Karachi port, officials said on Wednesday, in a wrangle over financial guarantees for the goods as part of a trade transit deal brokered by the United States. The transit trad
The governments of the United States and several other countries, US defence contractors, the United Nations and the International Olympic Committee have been targets of a massive global cyber spying campaign, US computer security firm McAfee said Wednesd
The governments of the United States and several other countries, US defence contractors, the United Nations and the International Olympic Committee have been targets of a massive global cyber spying campaign, US computer security firm McAfee said Wednesd
The Federal Board of Revenue (FBR) is likely to approach the Law and Justice Division for obtaining legal opinion whether the Income Tax Ordinance 2001, Banking Companies Ordinance 1962 and Protection of Economic Reforms Act, 1992 permit the Board to seek
The workshops/teaching practice of PTC course code 611 and MA Education course code 6554, 6555 and 6556 for the Semester Autumn 2011 of Allama Iqbal Open University (AIOU) for Islamabad region will start from August 8. The university has set up separate c
The Islamabad Chamber of Commerce and Industry (ICCI) on Wednesday said that there was need of hefty cut in the discount rates by the State Bank of Pakistan (SBP) as reduction of 50 basis points would not provide any benefit to the business community.
The second meeting of the Joint Commission between Pakistan and South Africa was held in Pretoria at the premises of South African Department of International Relations and Co-operation (DIRCO). The Pakistani delegation, led by Munawar Saeed Bhatti, Addit
National Information and Communication Technology (ICT) Research and Development Fund has announced that a modified ICT scholarship programme-2011 would be conducted due to shortage of time and interested students should prepare for entrance exams of part
INTRODUCTION: Pakistan Telecommunication Company Limited (PTC:) is the telecom giant of Pakistan, not least because it has licenses in all the three telecom segments: fixed local loop (FLL), wireless local loop (WLL), and broadband.
INTRODUCTION: Pakistan Telecommunication Company Limited (PTC:) is the telecom giant of Pakistan, not least because it has licenses in all the three telecom segments: fixed local loop (FLL), wireless local loop (WLL), and broadband.