On Thursday, BRIndex30 opened at 8,401.81 points. It touched an intraday high of 8,458.97 points and an intraday low of 8,277.90 points and closed at 8,338.46 points, which was -63.35 points or -0.75 percent lower than previous close. Total volume was 37,
European scientists say they have successfully tested in animals a vaccine for hepatitis C, a contagious and debilitating virus that can cause liver failure and cancer. Currently, there is no human vaccine for hepatitis C (HCV), which is spread through co
European scientists say they have successfully tested in animals a vaccine for hepatitis C, a contagious and debilitating virus that can cause liver failure and cancer. Currently, there is no human vaccine for hepatitis C (HCV), which is spread through co
The State Bank of Pakistan (SBP) has allowed debt swap facility to banks/DFIs against short-term outstanding loans of rice millers and grain traders, which have been disbursed from own sources since November 02, 2010. Debt swap facility is called an excha
The State Bank of Pakistan (SBP) has allowed debt swap facility to banks/DFIs against short-term outstanding loans of rice millers and grain traders, which have been disbursed from own sources since November 02, 2010. Debt swap facility is called an excha
The State Bank of Pakistan (SBP) has allowed debt swap facility to banks/DFIs against short-term outstanding loans of rice millers and grain traders, which have been disbursed from own sources since November 02, 2010. Debt swap facility is called an excha
Gold is on a constant rise for last 10 years, gaining 16.5 percent only in 2011. It can be argued that the shifting of wealth from the West to the East could be one major factor, triggering a surge in gold prices.
Gold is on a constant rise for last 10 years, gaining 16.5 percent only in 2011. It can be argued that the shifting of wealth from the West to the East could be one major factor, triggering a surge in gold prices.
Wide-spread capitulation hit global equity markets on Thursday as growing anxiety over the global economic outlook spurred a flight to safe-haven bonds and sent stocks crashing to fresh lows for the year. Investors fled Wall Street in the worst stock-mark
Wide-spread capitulation hit global equity markets on Thursday as growing anxiety over the global economic outlook spurred a flight to safe-haven bonds and sent stocks crashing to fresh lows for the year. Investors fled Wall Street in the worst stock-mark
Wide-spread capitulation hit global equity markets on Thursday as growing anxiety over the global economic outlook spurred a flight to safe-haven bonds and sent stocks crashing to fresh lows for the year. Investors fled Wall Street in the worst stock-mark
US gross debt shot up $238 billion to reach 100 percent of gross domestic product after the government's debt ceiling was lifted, Treasury figures showed Wednesday. On Tuesday, the Treasury had to add more than $200 billion of commitments immediately afte
US gross debt shot up $238 billion to reach 100 percent of gross domestic product after the government's debt ceiling was lifted, Treasury figures showed Wednesday. On Tuesday, the Treasury had to add more than $200 billion of commitments immediately afte
US gross debt shot up $238 billion to reach 100 percent of gross domestic product after the government''s debt ceiling was lifted, Treasury figures showed Wednesday. On Tuesday, the Treasury had to add more than $200 billion of commitments immediately aft
US gross debt shot up $238 billion to reach 100 percent of gross domestic product after the government''''s debt ceiling was lifted, Treasury figures showed Wednesday. On Tuesday, the Treasury had to add more than $200 billion of commitments immediately a
The country's foreign exchange reserves rose to all time high level of $18.31 billion up by $9.8 million week ending on July 30, 2011. According to State Bank of Pakistan (SBP), previously liquid foreign reserves were stood at record level of $18.30 billi
The country's foreign exchange reserves rose to all time high level of $18.31 billion up by $9.8 million week ending on July 30, 2011. According to State Bank of Pakistan (SBP), previously liquid foreign reserves were stood at record level of $18.30 billi
The country''s foreign exchange reserves rose to all time high level of $18.31 billion up by $9.8 million week ending on July 30, 2011. According to State Bank of Pakistan (SBP), previously liquid foreign reserves were stood at record level of $18.30 bill
The 4th Chief Commissioner's Conference at the FBR Headquarters opened on Thursday was unable to chalk out a strategy for achieving the 2011-12 revenue target and broadening the tax-base as the issue of transfers and postings dominates the proceeding of t
The 4th Chief Commissioner's Conference at the FBR Headquarters opened on Thursday was unable to chalk out a strategy for achieving the 2011-12 revenue target and broadening the tax-base as the issue of transfers and postings dominates the proceeding of t
The 4th Chief Commissioner''s Conference at the FBR Headquarters opened on Thursday was unable to chalk out a strategy for achieving the 2011-12 revenue target and broadening the tax-base as the issue of transfers and postings dominates the proceeding of
The Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) were unable to complete Post Refund Audit (PRA) of all sales tax refund, processed and sanctioned, under the Expeditious Refund System (ERS) by the deadline of July 31, 2011. Tax experts told
The Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) were unable to complete Post Refund Audit (PRA) of all sales tax refund, processed and sanctioned, under the Expeditious Refund System (ERS) by the deadline of July 31, 2011. Tax experts told
The Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) were unable to complete Post Refund Audit (PRA) of all sales tax refund, processed and sanctioned, under the Expeditious Refund System (ERS) by the deadline of July 31, 2011. Tax experts told
Bearish sentiments prevailed on the Lahore Stock Exchange (LSE) on Thursday where equities maintained downward slide and registered further declines amid selling pressure in blue chips due to lacking buying support. The LSE-25 index fell down by 55.29 poi
Bearish sentiments prevailed on the Lahore Stock Exchange (LSE) on Thursday where equities maintained downward slide and registered further declines amid selling pressure in blue chips due to lacking buying support. The LSE-25 index fell down by 55.29 poi
Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 31.63 points, as the Index moved from 2,665.55 to 2633.92 points.
Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 31.63 points, as the Index moved from 2,665.55 to 2633.92 points.
A three-member SC bench on Thursday directed federal government to submit a reply with regard to a petition challenging appointment of Oil and Gas Regulatory Authority (Ogra) Chairman Tauqeer Sadiq in 15 days. The bench comprising Justice Mian Shakirullah
A three-member SC bench on Thursday directed federal government to submit a reply with regard to a petition challenging appointment of Oil and Gas Regulatory Authority (Ogra) Chairman Tauqeer Sadiq in 15 days. The bench comprising Justice Mian Shakirullah
A three-member SC bench on Thursday directed federal government to submit a reply with regard to a petition challenging appointment of Oil and Gas Regulatory Authority (Ogra) Chairman Tauqeer Sadiq in 15 days. The bench comprising Justice Mian Shakirullah
Federal Minister for Railways, Ghulam Ahmad Bilour and Minister for Labour and Manpower, Syed Khurshid Shah met Federal Finance Minister, Dr Abdul Hafeez Shaikh here on Thursday to discuss the financial problems being faced by Pakistan Railways. According
Federal Minister for Railways, Ghulam Ahmad Bilour and Minister for Labour and Manpower, Syed Khurshid Shah met Federal Finance Minister, Dr Abdul Hafeez Shaikh here on Thursday to discuss the financial problems being faced by Pakistan Railways. According
Federal Minister for Railways, Ghulam Ahmad Bilour and Minister for Labour and Manpower, Syed Khurshid Shah met Federal Finance Minister, Dr Abdul Hafeez Shaikh here on Thursday to discuss the financial problems being faced by Pakistan Railways. According
The Supreme Court Thursday cancelled stay order, relating to construction work of Ashiana Housing Scheme in the premises of Darbar Noor Shah with the directives to the Punjab government to resume the construction work on the land earmarked for shrine on i
The Supreme Court Thursday cancelled stay order, relating to construction work of Ashiana Housing Scheme in the premises of Darbar Noor Shah with the directives to the Punjab government to resume the construction work on the land earmarked for shrine on i
The Supreme Court Thursday cancelled stay order, relating to construction work of Ashiana Housing Scheme in the premises of Darbar Noor Shah with the directives to the Punjab government to resume the construction work on the land earmarked for shrine on i
The Chartered Banker Institute (CBI) of United Kingdom has officially recognised the professional banking qualification (ISQ) of the Institute of Bankers Pakistan (IBP). Announcing the accreditation IBP said that CBI had undertaken an in-depth review of I
The Chartered Banker Institute (CBI) of United Kingdom has officially recognised the professional banking qualification (ISQ) of the Institute of Bankers Pakistan (IBP). Announcing the accreditation IBP said that CBI had undertaken an in-depth review of I
The Chartered Banker Institute (CBI) of United Kingdom has officially recognised the professional banking qualification (ISQ) of the Institute of Bankers Pakistan (IBP). Announcing the accreditation IBP said that CBI had undertaken an in-depth review of I
Scientists at the US space agency NASA announced Thursday that they had found the first evidence of flowing water on Mars. If confirmed, the evidence gathered by the Mars Reconnaisance Orbiter, would be the first discovery of active liquid water in the gr
Scientists at the US space agency NASA announced Thursday that they had found the first evidence of flowing water on Mars. If confirmed, the evidence gathered by the Mars Reconnaisance Orbiter, would be the first discovery of active liquid water in the gr
The Managing Director and CEO of Pakistan Kuwait Investment Company (Private) Limited Shamsul Hasan has resigned, it is reliably learnt. Hasan joined Pak-Kuwait in November 2008. Under his leadership, in March 2011, JCR-VIS upgraded the Corporate Governan
The privatisation of electricity distribution companies (DISCOs) involves some basic questions. The answers to these questions will lead to an alternative proposal that will be quite innovative, will expedite the process of privatisation and start bringin
Awami National Party (ANP) on Thursday said that it was not taken into confidence by coalition partners for giving mandate to President Asif Ali Zardari to hold talks with Muttahida Qaumi Movement (MQM) for restoration of peace in Karachi.
A youth was killed and another man arrested for allegedly having weapon in the city, police said on Thursday. "A youth was killed by a bullet fired from unknown location in Airport area," police said, adding the victim was identified as Zaheeruddin.
Pakistan Muslim League-Nawaz (PML-N) Thursday staged walkout from the National Assembly in protest against electricity load shedding during Ramazan and bad management of Pakistan Railways. Ahsan Iqbal of PML-N said that the people are also facing load she
Jamaat-e-Islami Chief, Syed Munawar Hasan has said foreign powers are conspiring to break up Pakistan as different terrorist groups are serving their foreign masters by putting the port city on fire and destroying its industry and economy. Opposing milita
Although the Provincial Ministry of Excise and Taxation (E&T) claimed to have ruled out all possibilities of illicit activities since the commencement of computerised system, officials in the department are said to be using illegal means to get undue bene
Jamiat-e-Ulema-e-Islam (JUI) has strongly opposed handing over of Karachi to the army for maintaining law and order situation because it might bring the Army face-to-face with the public. Taking part in the ongoing debate on Karachi Chief of JUI Maulana F
Chief Minister Balochistan Nawab Mohammad Aslam Raisani on Thursday denied existence of Quetta Shura and presence of Mulla Omar and Al Zawahri on Balochistan's soil. Talking to US envoy Cameroon Minter here, he termed a stable and prosperous Pakistan inev
Gold prices on Thursday slid by Rs 100 from historic high of Rs 53, 500 per tola after the yellow metal prices in international market went down by $8 an ounce, traders said. Gold prices a day earlier had recorded a phenomenal rise of Rs 1, 029, hitting a
For years, the situation of killings in Karachi is like the heartbeat of a patient. After sometime, it experiences a jerk as the daily routine of eight to 12 killings gets disturbed like a hike in the heartbeat of a patient. After every hike, all the poli
After the latest EU statistics showed that Austria has the bloc's lowest jobless rate, experts pointed to the country's strong ties with booming Germany and its flexible labour policies as reasons for its success. In June, 4 percent of the workforce were
The Karachi Nuclear Power Plant (KANUPP) has restored supply of 80MW electricity to Karachi Electric Supply Company (KESC) on Thursday, said official sources. The KANUPP had earlier suspended operations for maintenance and overhauling of plant due to whic
A delegation of the College of Physicians & Surgeons Pakistan (CPSP) in a meeting with Chief Minister of Khyber Pakhtunkhwa, Ameer Haider Khan Hoti apprised him about College's residency programme that is providing standard medical education in all four p
Two fake beverage factories were sealed on the charges of making and selling sub-standard cold drinks on Thursday. This was stated by Additional Collector, Syed Wajid Ali Shah while talking to newsmen on Thursday. He said, a joint team of health departmen