Gold price on Wednesday dropped to Rs 56, 900 per tola from Rs 57, 000 on the local market after the price of yellow metal in global market dipped by $7 an ounce, traders said. The price of gold per 10-gram reached Rs 48, 771 down from Rs 48, 8857 while t
Unidentified gunmen have looted an arms shop in main bazaar of Turbat town. "Unidentified armed men entered an arms shop and took the staff on gunpoint," police said on Wednesday. They looted weapons including four short guns, thousands of cartridges and
With the completion of e-system of Benazir Muawinat cards, National Database and Registration Authority (Nadra) would establish more than 100 outlets in order to disburse the said cards all over the province, Business Recorder learnt. Sindh Zakat a
An activist of MQM was shot dead near Dhobi Ghath Bridge in the jurisdiction of Pak Colony police station on Wednesday. According to police, the victim 32-year-old Akbar son of Ali Bux, a resident of Jubilee old city area, was targeted when he was way to
CIA operatives would not be allowed to roam freely in Pakistan. According to Aaj News, this message was conveyed to US Ambassador to Pakistan Cameron Munter by Chief of Army Staff General Ashfaq Parvez Kayani, who met him at General Headquarters he
Indian High Commissioner to Pakistan, Sharat Sabharwal called on Senior Minister for Commerce, Makhdoom Amin Fahim here on Wednesday at the Minister's office and extended an invitation to the Minister to visit India along with a delegation of Pakistani bu
CIA operatives would not be allowed to roam freely in Pakistan. According to Aaj News, this message was conveyed to US Ambassador to Pakistan Cameron Munter by Chief of Army Staff General Ashfaq Parvez Kayani, who met him at General Headquarters he
Fauji Fertiliser Company Limited (FFCL), the largest fertiliser manufacturing and marketing company in Pakistan was incorporated in 1978. The company owns three urea plants with an annual production capacity of about 2.4 million tons. FFCL is the sole ent
Fear of risk drove investors out of global stocks on Wednesday as rumours about the health of French banks sparked concern that the eurozone's debt crisis could claim new victims. The rumours tapped into investors' worst fears of contagion. French bank st
Fatima Group is the most progressive business conglomerate in Pakistan, with a strong portfolio of products and services. A significant player in the growth and sustainability of important industries of the Country, the Group has made significant investme
Fear of risk drove investors out of global stocks on Wednesday as rumours about the health of French banks sparked concern that the eurozone's debt crisis could claim new victims. The rumours tapped into investors' worst fears of contagion. French bank st
Fear of risk drove investors out of global stocks on Wednesday as rumours about the health of French banks sparked concern that the eurozone''s debt crisis could claim new victims. The rumours tapped into investors'' worst fears of contagion. French bank
Brent crude rebounded 4 percent on Wednesday, shaking off two days of losses as an unexpected decline in US oil inventories outweighed deepening economic concerns. Oil extended gains in the afternoon in another heavy trading session as the US stock market
Brent crude rebounded 4 percent on Wednesday, shaking off two days of losses as an unexpected decline in US oil inventories outweighed deepening economic concerns. Oil extended gains in the afternoon in another heavy trading session as the US stock market
Brent crude rebounded 4 percent on Wednesday, shaking off two days of losses as an unexpected decline in US oil inventories outweighed deepening economic concerns. Oil extended gains in the afternoon in another heavy trading session as the US stock market
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
Switzerland and Germany have agreed to tax money stashed by German citizens in secret Swiss accounts, in a deal that may net Germany billions of francs and will force the Swiss banking sector to clean up its act. Strict secrecy has helped Switzerland buil
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
Switzerland and Germany have agreed to tax money stashed by German citizens in secret Swiss accounts, in a deal that may net Germany billions of francs and will force the Swiss banking sector to clean up its act. Strict secrecy has helped Switzerland buil
Switzerland and Germany have agreed to tax money stashed by German citizens in secret Swiss accounts, in a deal that may net Germany billions of francs and will force the Swiss banking sector to clean up its act. Strict secrecy has helped Switzerland buil
When the country's exports have witnessed a high boost, the demand of export financing is being also enhanced and the State Bank of Pakistan (SBP) has raised banks' limits by 10 percent to Rs 251 billion under the Export Finance Scheme in March-end quarte
When the country's exports have witnessed a high boost, the demand of export financing is being also enhanced and the State Bank of Pakistan (SBP) has raised banks' limits by 10 percent to Rs 251 billion under the Export Finance Scheme in March-end quarte
When the country''s exports have witnessed a high boost, the demand of export financing is being also enhanced and the State Bank of Pakistan (SBP) has raised banks'' limits by 10 percent to Rs 251 billion under the Export Finance Scheme in March-end quar
When the country''''s exports have witnessed a high boost, the demand of export financing is being also enhanced and the State Bank of Pakistan (SBP) has raised banks'''' limits by 10 percent to Rs 251 billion under the Export Finance Scheme in March-end
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (August 10, 2011).
The Cabinet on Wednesday granted tax exemption to OGDC Exchange Bond (EB), and directed the Finance Ministry to immediately release Rs 11 billion to Pakistan Railways. The Minister for Information and Broadcasting, Dr Firdous Ashiq Awan, told media after
The Cabinet on Wednesday granted tax exemption to OGDC Exchange Bond (EB), and directed the Finance Ministry to immediately release Rs 11 billion to Pakistan Railways. The Minister for Information and Broadcasting, Dr Firdous Ashiq Awan, told media after
The Cabinet on Wednesday granted tax exemption to OGDC Exchange Bond (EB), and directed the Finance Ministry to immediately release Rs 11 billion to Pakistan Railways. The Minister for Information and Broadcasting, Dr Firdous Ashiq Awan, told media after
The Cabinet on Wednesday granted tax exemption to OGDC Exchange Bond (EB), and directed the Finance Ministry to immediately release Rs 11 billion to Pakistan Railways. The Minister for Information and Broadcasting, Dr Firdous Ashiq Awan, told media after
The Cabinet on Wednesday granted tax exemption to OGDC Exchange Bond (EB), and directed the Finance Ministry to immediately release Rs 11 billion to Pakistan Railways. The Minister for Information and Broadcasting, Dr Firdous Ashiq Awan, told media after
The Liquefied Natural Gas (LNG) import project is likely to face a big setback, as the Port Qasim Authority (PQA) has reportedly deviated from its stance on allocation of space for investors at the LNG zone. "PQA has informed the Ministry of Petroleum and
The Liquefied Natural Gas (LNG) import project is likely to face a big setback, as the Port Qasim Authority (PQA) has reportedly deviated from its stance on allocation of space for investors at the LNG zone. "PQA has informed the Ministry of Petroleum and
The Liquefied Natural Gas (LNG) import project is likely to face a big setback, as the Port Qasim Authority (PQA) has reportedly deviated from its stance on allocation of space for investors at the LNG zone. "PQA has informed the Ministry of Petroleum and
The government has decided to invite heads of loss-making distribution companies (discos) for explanation of high losses as well as independent power producers (IPPs) to discuss a roadmap for clearance of their Rs 150 billion dues against Pepco, it is lea
The government has decided to invite heads of loss-making distribution companies (discos) for explanation of high losses as well as independent power producers (IPPs) to discuss a roadmap for clearance of their Rs 150 billion dues against Pepco, it is lea
The government has decided to invite heads of loss-making distribution companies (discos) for explanation of high losses as well as independent power producers (IPPs) to discuss a roadmap for clearance of their Rs 150 billion dues against Pepco, it is lea
Three Pakistani-Britishers died Wednesday after being hit by a car during riots in the central English city of Birmingham, officials said, as witnesses said they died while trying to protect their community from looters. They were identified as Shehzad Hu
Three Pakistani-Britishers died Wednesday after being hit by a car during riots in the central English city of Birmingham, officials said, as witnesses said they died while trying to protect their community from looters. They were identified as Shehzad Hu
A father described on Wednesday how he rushed to aid a dying man hit by a car during riots in the English city of Birmingham only to find it was his 21-year-old son. "I heard the thud, ran around and I saw three people on the ground," Tariq Jahan told rep
A father described on Wednesday how he rushed to aid a dying man hit by a car during riots in the English city of Birmingham only to find it was his 21-year-old son. "I heard the thud, ran around and I saw three people on the ground," Tariq Jahan told rep
Prime Minister David Cameron said on Wednesday "a fightback is under way" to restore law and order to Britain's streets despite rioting, looting and arson by gangs of youths spreading from London to other cities. Youths fought running battles with police
Prime Minister David Cameron said on Wednesday "a fightback is under way" to restore law and order to Britain's streets despite rioting, looting and arson by gangs of youths spreading from London to other cities. Youths fought running battles with police
The Pakistan Army Promotion Board has approved the promotion of 19 Brigadiers to the rank of Major General on Wednesday. The decision to this effect was made at the promotion board meeting held at the General Headquarters in Rawalpindi with Chief of Army
The Pakistan Army Promotion Board has approved the promotion of 19 Brigadiers to the rank of Major General on Wednesday. The decision to this effect was made at the promotion board meeting held at the General Headquarters in Rawalpindi with Chief of Army
The insurance companies and banks have requested the Federal Board of Revenue (FBR) to immediately clarify whether they would file sales tax returns with the FBR or Sindh Revenue Board (SRB), as the SRB is strongly pursuing the service providers to pay pr
The insurance companies and banks have requested the Federal Board of Revenue (FBR) to immediately clarify whether they would file sales tax returns with the FBR or Sindh Revenue Board (SRB), as the SRB is strongly pursuing the service providers to pay pr
The insurance companies and banks have requested the Federal Board of Revenue (FBR) to immediately clarify whether they would file sales tax returns with the FBR or Sindh Revenue Board (SRB), as the SRB is strongly pursuing the service providers to pay pr
In order to facilitate the business community, the Federal Board of Revenue (FBR) has decided to extend the date for payment of sales tax/federal excise duty (FED) for the Tax Period of July 2011 upto August 20 and filing of sales tax and federal excise r
In order to facilitate the business community, the Federal Board of Revenue (FBR) has decided to extend the date for payment of sales tax/federal excise duty (FED) for the Tax Period of July 2011 upto August 20 and filing of sales tax and federal excise r
In order to facilitate the business community, the Federal Board of Revenue (FBR) has decided to extend the date for payment of sales tax/federal excise duty (FED) for the Tax Period of July 2011 upto August 20 and filing of sales tax and federal excise r
The Sindh Revenue Board (SRB) has decided to collect federal excise duty on services (FEDoS) from all taxpayer companies and individuals, Business Recorder learnt on Wednesday. This decision was taken in the light of the advice furnished by Sindh L
Four officials from US Islamabad Embassy on Wednesday were sent back from Peshawar for reportedly not holding NOC. According to a report, after the 2nd May incident a vigilant security check has been kept on the movement of US diplomats. On Wednesday, fou
Awami National Party (ANP) on Wednesday demanded of the government to discuss the issue of alleged figures'' fudging by Federal Board of Revenue (FBR) in the National Assembly. Bushra Gohar of ANP said on the floor of the Lower House that the allegations
Awami National Party (ANP) on Wednesday demanded of the government to discuss the issue of alleged figures' fudging by Federal Board of Revenue (FBR) in the National Assembly. Bushra Gohar of ANP said on the floor of the Lower House that the allegations o
Higher trend was seen on the local currency market on Wednesday as the rupee posted fresh gains against dollar due to easy supply of the US currency, dealers said. The rupee extended fresh gains in relation to dollar, gaining 10 paisa for buying and selli
Awami National Party (ANP) on Wednesday demanded of the government to discuss the issue of alleged figures' fudging by Federal Board of Revenue (FBR) in the National Assembly. Bushra Gohar of ANP said on the floor of the Lower House that the allegations o
Higher trend was seen on the local currency market on Wednesday as the rupee posted fresh gains against dollar due to easy supply of the US currency, dealers said. The rupee extended fresh gains in relation to dollar, gaining 10 paisa for buying and selli
Pakistani authorities have completed formalities to extradite the most wanted terror suspect in the deadly 2002 Bali bombing to Indonesia. Indonesian al Qaeda operative Umar Patek is wanted in the deadly Bali bombings, who was arrested from Abbottabad in
Pakistani authorities have completed formalities to extradite the most wanted terror suspect in the deadly 2002 Bali bombing to Indonesia. Indonesian al Qaeda operative Umar Patek is wanted in the deadly Bali bombings, who was arrested from Abbottabad in
Prime Minister Syed Yousuf Raza Gilani on Wednesday directed the Ministry of Law to clear the file regarding the 400 mega watt Nandi Pur power project and expedite the case. He issued the directive in his meeting with Chief Minister Punjab Mian Shahbaz Sh
Prime Minister Syed Yousuf Raza Gilani on Wednesday directed the Ministry of Law to clear the file regarding the 400 mega watt Nandi Pur power project and expedite the case. He issued the directive in his meeting with Chief Minister Punjab Mian Shahbaz Sh