Norwegian Charge d' affaires Terje Barstad called on Goodwill Ambassador for Women Empowerment, Fiza Batool Gilani on Friday and discussed matters of mutual interest. This meeting was a follow-up of her bilateral meeting with Ms Ingrid Fiskaa, Deputy Mini
In order to manage the demand-supply position, Sui Northern Gas Pipelines Limited (SNGPL) has announced they are discontinuing gas supply to the new fertiliser plant of Engro Fertilisers Limited.
In order to manage the demand-supply position, Sui Northern Gas Pipelines Limited (SNGPL) has announced they are discontinuing gas supply to the new fertiliser plant of Engro Fertilisers Limited.
A two emerging young female entrepreneurs of Khyber Pakhtunkhwa with exceptional skills, charismatic and elegant art-work introduced by Youth Entrepreneurship Development Forum, Women Business Development Centre (WBDC) Peshawar grabbed "Shell Tameer Award
Minister for Information and Broadcasting Dr Firdous Ashiq Awan, Minister for SAFRON, Engr. Shaukatullah Khan, Minister for Religious Affairs, Syed Khursheed Shah, Minister for Foreign Affairs, Ms Hina Rabbani Khar, Minister for Kashmir Affairs, Mian Manz
Relatives of missing persons on Friday staged a protest rally for the recovery of their missing dear ones. Chairperson Defence of Human Rights Amina Masood Janjua led the rally, wherein a large number of citizens, children, relatives and parents of missin
The tribal students from Waziristan agency have opposed the shifting of Razmak Cadet College, demanding of government to abstain from taking such anti-education steps in the tribal region. Speaking at a news conference, president Fata students Federation,
The cash starved Capital Development Authority (CDA) is all set to start construction work at Khyaban-e-Margalla in a bid to increase the value of a huge chunk of land owned by some political heavyweights, government officials and land mafia. The civic bo
The price of Liquefied Petroleum Gas (LPG) is expected to decline by up to rupees eight per kilogram - Rs 95 per domestic cylinder and Rs 360 per commercial cylinder. According to market sources, LPG Saudi Aramco Contract Price (CP) for April is expected
The annual Spring Flowers & Vegetable Show - 2012 opened at Rose and Jasmine Garden on Friday, which was organised by the Capital Development Authority (CDA). Chairman CDA, Engineer Farkhand Iqbal inaugurated the three day event. Member Environment, Mian
National Highways & Motorway Police (NH&MP) has foiled four attempts of dacoities by prompt action and rounded up seven dacoits from whom illegal arms and ammunition were recovered. According to the NH&MP Spokesperson, the police have foiled four attempts
The signing ceremony of the Framework Agreement between the Forum of Federations and the Islamic Republic of Pakistan held here on Friday, which was arranged by the Ministry of Inter-Provincial Co-ordination. Pakistan has signed the membership agreement w
The Christian community across the world including Pakistan will mark Palm Sunday - a Christian moveable feast that falls on the Sunday before Easter on April 1. The feast commemorates Jesus' triumphal entry into Jerusalem, an event mentioned in all four
Khyber Pakhtunkhwa Minister for Science and Information Technology (S&IT) Mohammad Ayub Khan has said that the provincial government had funded 37 science and research oriented projects identified by different universities and will fund more such projects
The persistent high inflation in the country during the last four years, mainly attributable to heavy government borrowing to finance the fiscal deficit, has shrunk the value of Rs 1000 provided to poor families under the Benazir Income Support Programme
Directorate General of Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue is probing leading school/education systems, group of colleges and prominent bakers to check payment of Federal Excise Duty (FED) on franchise services offe
The Federal Board of Revenue has admitted that the overall collection of sales tax (domestic) depends on the collection of petroleum products as it contributes around 43% of the sales tax collection at local stage during 2011-12. The FBR quarterly report
The Federal Board of Revenue has said the sales tax exemptions withdrawn during March 2011 have proved highly prolific in 2011-12 which would be instrumental in achieving the assigned revenue collection target of Rs 1,952 billion for current fiscal year.
Danish police say they have seized 20.5 kilograms (45.2 pounds) of heroin at Copenhagen's international airport. Copenhagen police spokesman Knud Hvass says four people were arrested three in Denmark and one in Spain after a bag with the heroin arrived by
Al Baraka Bank Pakistan, a subsidiary banking unit of Al Baraka Banking Group B S C (ABG), announced a remarkable increase of 177 percent in total operating income in year 2011. Shareholders equity enhanced by 6.6 percent, total assets also increased by 1
Al Baraka Bank Pakistan, a subsidiary banking unit of Al Baraka Banking Group B S C (ABG), announced a remarkable increase of 177 percent in total operating income in year 2011. Shareholders equity enhanced by 6.6 percent, total assets also increased by 1
Brigadier Ali Khan, who is currently facing court martial proceedings, has filed an application in Supreme Court of Pakistan seeking transfer of his case before Justice Mazhar Iqbal Sindhu of Lahore High Court (LHC), currently posted at principal in Lahor
The Federal Board of Revenue is seriously reviewing four major proposals to place effective checks for preventing phenomenon of illegal input tax adjustments including amendment to the Sales Tax Act 1990 to make buyers of fake invoices responsible for pur
According to IESCO spokesman, due to electricity maintenance/development work the power supply of the areas fall under the following Grid Station/feeders would remain suspended as under.
Health Department Punjab has announced results of annual and supplementary examinations of Punjab Medical Faculty (PMF) Lahore and Government College of Paramedics Faisalabad. The supplementary examinations of Punjab Medical Faculty were held in October 2
With an ambitious energy agreement, Denmark takes a decisive step towards a society free of coal, oil and natural gas, says a press release issued on Friday. In 2020, half of the electricity consumption will come from wind power (today it's 25 per cent),
The Soneri Bank Ltd declared Rs 784 million after tax profit up from Rs 125 million for the financial year ending 31st December 2011. This was mainly driven by growth in Net Interest and Non -Interest Income, which recorded an annual growth of 27.9 percen
The Ministry of Finance has informed the Economic Co-ordination Committee (ECC) of the Cabinet that workers' remittances increased by 23.4 percent during July-February 2011-12 as compared to the corresponding period last year. Sources told Business Rec
The Federal Minister for Railways, Ghulam Ahmed Bilour, was sanguine that there will be betterment in the Railways. He was talking to reporters after inaugurating new bogies of Korakaram Express at the Karachi Cantonment Station on Friday. The Minister wa
There has been a major decline in withholding tax (WHT) collection on cash withdrawals from banks during first half of current fiscal year due to rate reduction in the Budget 2011-12. According to the FBR quarterly report issued here on Friday, the withho
Pakistan's overall population rose by 47 percent in just 14 years, according to preliminary results of the housing listings 2011. This is a very disturbing figure as it necessitates a Gross Domestic Product growth in excess of 7 percent per annum just to
A UN report on the effects of climate change warns of world-wide increase in heatwaves, more intense rains and floods and a probable rise in the intensity of droughts. Asia, it says, will be more vulnerable to natural disasters. As a matter of fact, chang
According to a UNHCR report, an increasing number of Pakistanis are seeking asylum in other countries. As many as 39,982 persons had taken shelter in other countries, said the report. Of these 20,017 applied for asylum. Earlier this month, chief of the UK
Pakistan has 93% small farmers defined as less than 12.5 acres. Of these, about 60% have less than 3 acres while the number having one acre or less is also there. Since I have been working in the government on agriculture at the policymaking levels, I can
Inaccessibility to financial services is considered a serious threat to the economic progress of any country. Therefore, enhancing the involvement of all segments of the economy is among the core objectives of the monetary policy. Ineligibility of prospec
When a business crashes in Germany, the public expects the government to ease the pain. An attempt was made to do just that after 11,000 workers were laid off by a bankrupt nation-wide drugstore chain. But the pro-small business junior partner in Chancell
The US-based Committee to Protect Journalists, in its 2010 report has characterised Pakistan as the deadliest place on earth for journalists, with eight killed during performance of their professional duties so far this year, out of 42 killed world-wide,
Intellectual Property Organisation of Pakistan (IPO-Pakistan) will provide a platform in collaboration with IP enforcement authorities to curb the menace of manufacturing and sale of fake branded health related consumable products in the markets.
A lawmaker of Pakistan Muslim League-Functional (PML-F) while expressing solidarity with the protesting nurses, deplored the government's indifference towards the problems of medical workers. PML-F MPA, Nusrat Sehar Abbasi, visited the protest camp of the
Special Assistant to Chief Minister Punjab on Health Khawaja Salman Rafique has said that dengue free society is a guarantee of healthy nation and strong Pakistan. He said that the Chief Minister Punjab Muhammad Shahbaz Sharif besides utilising all availa
All Pakistan Motorcycle Spare Parts Importers and Dealers Association (APMSPIDA) Vice-Chairman Nassir Mehboob on Friday urged the government to reduce import duty on spare parts in the next budget to curb its smuggling and mis-declaration. He said that at
The Federal Secretary Commerce, Zafar Mehmood visited Islamabad Chamber of Commerce and Industry to discuss trade related issues for promotion of local exports. Speaking on the occasion, Zafar Mehmood said that private sector is the engine of economic gro
Some 101,000 Pakistanis have become refugees inside their own country since January as they fled fighting between government forces and the Taliban in a region bordering Afghanistan, the UN refugee agency said Friday. Security forces started their offensi
Expressing dismay over the Punjab police performance in Sonia Naz rape case, the Supreme Court on Friday hinted at summoning Chief Minister Punjab Shahbaz Sharif in the matter, saying that the accused were roaming freely while the courts were being ridicu
While hearing a suo motu case regarding disparity in issuance of Computerised National Identity Cards (CNICs) to the Hindu women here on Friday, the Supreme Court directed the National Database and Registration Authority (Nadra) to take remedial measures
The dutiable imports of paper and paper board have declined during first half of 2011-12. The FBR quarterly report issued on Friday revealed that the customs duty is still one of the significant sources of collection of federal taxes. It constitutes 17.7%
The country's jewellery export grew by 108.94 per cent during the first eight months of current fiscal year (2011-12) as against the corresponding period of last year. The jewellery export during July-February (2011-12) was recorded at $511.994 million ag
The Federal Board of Revenue has said that the refund payments have declined by around 2.3 percent in the sales tax regime during the first half of 2011-12. According to the FBR quarterly report issued here on Friday, sales tax is the leading revenue gene
The Bank of Punjab (BoP) has posted Rs 347.973 million as profit after tax in the year ended December 31, 2011 as compared to after tax loss of Rs 4.029 billion in the year 2010 and Rs 10.1 billion in 2009. The board of directors of the bank in its meetin
The Bank of Punjab (BoP) has posted Rs 347.973 million as profit after tax in the year ended December 31, 2011 as compared to after tax loss of Rs 4.029 billion in the year 2010 and Rs 10.1 billion in 2009. The board of directors of the bank in its meetin