Prime Minister Syed Yousuf Raza Gilani has directed chairman NHA to immediately resume work on Lowari Tunnel Project. He directed ministry for finance and planning division to release funds worth rupees two billion to NHA for this purpose, Rs one billion
Prime Minister Syed Yousuf Raza Gilani has directed chairman NHA to immediately resume work on Lowari Tunnel Project. He directed ministry for finance and planning division to release funds worth rupees two billion to NHA for this purpose, Rs one billion
Prime Minister Syed Yousuf Raza Gilani has directed chairman NHA to immediately resume work on Lowari Tunnel Project. He directed ministry for finance and planning division to release funds worth rupees two billion to NHA for this purpose, Rs one billion
Pakistan Petroleum Limited (PPL) hosted a special session on ''Exploiting Shale Gas in Pakistan'' ahead of the SPE-PAPG Annual Technical Conference 2011 Monday at a local hotel. The session, a first of its kind in the country, drew high-level participatio
Pakistan Petroleum Limited (PPL) hosted a special session on 'Exploiting Shale Gas in Pakistan' ahead of the SPE-PAPG Annual Technical Conference 2011 Monday at a local hotel. The session, a first of its kind in the country, drew high-level participation
Pakistan Petroleum Limited (PPL) hosted a special session on 'Exploiting Shale Gas in Pakistan' ahead of the SPE-PAPG Annual Technical Conference 2011 Monday at a local hotel. The session, a first of its kind in the country, drew high-level participation
Pakistan's Taliban movement, a major security threat to the country, is holding exploratory peace talks with the US-backed government, a senior Taliban commander and mediators told Reuters on Monday. The discussions are focused on the South Waziristan reg
Pakistan's Taliban movement, a major security threat to the country, is holding exploratory peace talks with the US-backed government, a senior Taliban commander and mediators told Reuters on Monday. The discussions are focused on the South Waziristan reg
The Executive Committee of National Economic Council (Ecnec) has revised upward the cost of ''Doubling of track from Lodhran to Khanewal via Multan Cantt'' from Rs 3.297 billion to Rs 3.678 billion on the recommendations of the Ministry of Railways.
The Executive Committee of National Economic Council (Ecnec) has revised upward the cost of 'Doubling of track from Lodhran to Khanewal via Multan Cantt' from Rs 3.297 billion to Rs 3.678 billion on the recommendations of the Ministry of Railways.
The Executive Committee of National Economic Council (Ecnec) has revised upward the cost of 'Doubling of track from Lodhran to Khanewal via Multan Cantt' from Rs 3.297 billion to Rs 3.678 billion on the recommendations of the Ministry of Railways.
US stocks tumbled on Monday, with the Dow turning negative for the year, as concerns about heavy debt loads both in the United States and Europe heightened worry about recession and increased volatility. Risky assets like commodities also fell, sparking a
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 3.00 points as the ISE Ten Index moved from 2,711.64 to 2,708.64 p
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 3.00 points as the ISE Ten Index moved from 2,711.64 to 2,708.64 p
Mixed sentiment was noticed on Lahore Stock Exchange on Monday and the equities remained under selling pressure on account of profit taking in select shares. The LSE-25 index marginally declined by 1.92 points and closed at 3116.81 points against 3118.73
Mixed sentiment was noticed on Lahore Stock Exchange on Monday and the equities remained under selling pressure on account of profit taking in select shares. The LSE-25 index marginally declined by 1.92 points and closed at 3116.81 points against 3118.73
US telecom giant AT&T said Monday it was advising customers of an apparent hacking attempt but that no accounts were breached. "We recently detected what could have been an organised attempt to obtain information on a number of customer accounts," an AT&T
A former trader in jailed financier Bernard Madoff's multibillion-dollar Ponzi scheme has pleaded guilty to fraud charges, admitting that he faked financial statements since the early 1970s. Sixty-six-year-old David Kugel (COO'-goal) pleaded guilty in fed
Hezbollah has partially unravelled the CIA's spy network in Lebanon, severely damaging the intelligence agency's ability to gather vital information on the terrorist organisation at a tense time in the region, former and current US officials said.
Sindh Minister for Electric Power, Ms Shazia Marri has been given additional charge of Sindh Ministry of Information. According to a spokesman of the Sindh Chief Minister House on Monday, Ms Shazia Marri has been given additional charge as Sindh Informati
On Monday, the BRIndex30 opened at 9,077.30 points and remained in positive throughout the trading session. It touched the intra-day high of 9,211.15 points and low of 9,112.13 points, and closed at 9,127.29 points with a net positive change of 49.99 poin
On Monday, the BRIndex30 opened at 9,077.30 points and remained in positive throughout the trading session. It touched the intra-day high of 9,211.15 points and low of 9,112.13 points, and closed at 9,127.29 points with a net positive change of 49.99 poin
The KSE-100 index on Monday lost 43.02 points to close at 11,894.79 points due to selling mainly by local investors after mid-session. The market opened on a positive note and the index hit 12,002.76 points intra-day high. However, the investors opted for
The KSE-100 index on Monday lost 43.02 points to close at 11,894.79 points due to selling mainly by local investors after mid-session. The market opened on a positive note and the index hit 12,002.76 points intra-day high. However, the investors opted for
The KSE-100 index on Monday lost 43.02 points to close at 11,894.79 points due to selling mainly by local investors after mid-session. The market opened on a positive note and the index hit 12,002.76 points intra-day high. However, the investors opted for
State Bank of Pakistan (SBP) will announce the monetary policy statement on November 30, 2011. According to the SBP spokesman, the Central Board of Directors of the Central Bank will approve the monetary policy statement for next two months in its meeting
State Bank of Pakistan (SBP) will announce the monetary policy statement on November 30, 2011. According to the SBP spokesman, the Central Board of Directors of the Central Bank will approve the monetary policy statement for next two months in its meeting
State Bank of Pakistan (SBP) will announce the monetary policy statement on November 30, 2011. According to the SBP spokesman, the Central Board of Directors of the Central Bank will approve the monetary policy statement for next two months in its meeting
The Federal Board of Revenue has received six major proposals of the Ministry of Petroleum and Natural Resources on grant of sales tax and customs duty exemption on the gas import projects, duty-free import of plant/machinery/LNG terminals, etc, and defer
The Federal Board of Revenue has received six major proposals of the Ministry of Petroleum and Natural Resources on grant of sales tax and customs duty exemption on the gas import projects, duty-free import of plant/machinery/LNG terminals, etc, and defer
The Federal Board of Revenue has received six major proposals of the Ministry of Petroleum and Natural Resources on grant of sales tax and customs duty exemption on the gas import projects, duty-free import of plant/machinery/LNG terminals, etc, and defer
The FBR has stopped implementation of the SRO.1012(I)/2011 and temporarily withdrawn 5 percent sales tax on commercial importers and suspended application of single rate of 5 percent sales tax on zero-rated sectors and previous rate of 4-6 percent has bee
The FBR has stopped implementation of the SRO.1012(I)/2011 and temporarily withdrawn 5 percent sales tax on commercial importers and suspended application of single rate of 5 percent sales tax on zero-rated sectors and previous rate of 4-6 percent has bee
The FBR has stopped implementation of the SRO.1012(I)/2011 and temporarily withdrawn 5 percent sales tax on commercial importers and suspended application of single rate of 5 percent sales tax on zero-rated sectors and previous rate of 4-6 percent has bee
Chief Justice Iftikhar Muhammad Chaudhry questioned the Federation's contention to repeal the judgement in National Reconciliation Ordinance (NRO), saying that the Ordinance -a 'black law' passed by a dictator for his own convenience-was being protected b
Chief Justice Iftikhar Muhammad Chaudhry questioned the Federation's contention to repeal the judgement in National Reconciliation Ordinance (NRO), saying that the Ordinance -a 'black law' passed by a dictator for his own convenience-was being protected b
The federal government is to extend billions of rupees to Karachi Electric Supply Company (KESC) as difference in furnace oil and gas prices to ensure power supply in Razaman, official sources told Business Recorder. "The government has constituted
The federal government is to extend billions of rupees to Karachi Electric Supply Company (KESC) as difference in furnace oil and gas prices to ensure power supply in Razaman, official sources told Business Recorder. "The government has constituted
The federal government is to extend billions of rupees to Karachi Electric Supply Company (KESC) as difference in furnace oil and gas prices to ensure power supply in Razaman, official sources told Business Recorder. "The government has constituted
Egypt's cabinet said on Monday it had resigned as clashes raged in Tahrir Square between police and protesters demanding democratic change in the country's biggest crisis since Hosni Mubarak's ouster. State television quoted a military source as saying th
Egypt's cabinet said on Monday it had resigned as clashes raged in Tahrir Square between police and protesters demanding democratic change in the country's biggest crisis since Hosni Mubarak's ouster. State television quoted a military source as saying th
The World Trade Organisation cut on Monday its 2011 world export growth forecast to 5.8 percent from 6.5 percent, warning that the outlook for the global economy has worsened and activity slowed. "The outlook for the global economy has worsened considerab
The World Trade Organisation cut on Monday its 2011 world export growth forecast to 5.8 percent from 6.5 percent, warning that the outlook for the global economy has worsened and activity slowed. "The outlook for the global economy has worsened considerab
The World Trade Organisation cut on Monday its 2011 world export growth forecast to 5.8 percent from 6.5 percent, warning that the outlook for the global economy has worsened and activity slowed. "The outlook for the global economy has worsened considerab
The eurozone''s debt crisis swept closer to the heart of Europe on Monday despite a clear-cut election victory in Spain for conservatives committed to austerity, adding to pressure on the European Central Bank to act more decisively. Spain''s Socialists b
The eurozone's debt crisis swept closer to the heart of Europe on Monday despite a clear-cut election victory in Spain for conservatives committed to austerity, adding to pressure on the European Central Bank to act more decisively. Spain's Socialists bec
The eurozone's debt crisis swept closer to the heart of Europe on Monday despite a clear-cut election victory in Spain for conservatives committed to austerity, adding to pressure on the European Central Bank to act more decisively. Spain's Socialists bec