The United States sued Bank of America Wednesday for more than $1 billion for allegedly having sold dodgy mortgages to state-controlled mortgage financers Fannie Mae and Freddie Mac. The government charged that Countrywide - the mortgage giant now owned b
Britain's former Prime Minister and UN's Special Envoy for Global Education Gordon Brown has called for observing November 10 as the Global Day of Action for Malala. In an article, he said that the objective was to achieve Malala Yousafzai's aim - which e
Britain's former Prime Minister and UN's Special Envoy for Global Education Gordon Brown has called for observing November 10 as the Global Day of Action for Malala. In an article, he said that the objective was to achieve Malala Yousafzai's aim - which e
Irfan Nadeem, former joint secretary Ministry of Science and Technology (MoST), on Wednesday accused Dr Sheikh Riazuddin - former Director of Centre for Applied Molecular Biology (CAMB) - of pocketing $100,000, donated to the ministry by a top financial i
Irfan Nadeem, former joint secretary Ministry of Science and Technology (MoST), on Wednesday accused Dr Sheikh Riazuddin - former Director of Centre for Applied Molecular Biology (CAMB) - of pocketing $100,000, donated to the ministry by a top financial i
Irfan Nadeem, former joint secretary Ministry of Science and Technology (MoST), on Wednesday accused Dr Sheikh Riazuddin - former Director of Centre for Applied Molecular Biology (CAMB) - of pocketing $100,000, donated to the ministry by a top financial i
Mobile telecommunications firm Telenor expects its subsidiaries in Pakistan and Malaysia to improve their performance in the current quarter after relatively weak figures in the third quarter Chief Executive Jon Baksaas said on Wednesday. "DiGi (in Malays
Mobile telecommunications firm Telenor expects its subsidiaries in Pakistan and Malaysia to improve their performance in the current quarter after relatively weak figures in the third quarter Chief Executive Jon Baksaas said on Wednesday. "DiGi (in Malays
Mobile telecommunications firm Telenor expects its subsidiaries in Pakistan and Malaysia to improve their performance in the current quarter after relatively weak figures in the third quarter Chief Executive Jon Baksaas said on Wednesday. "DiGi (in Malays
Mobile telecommunications firm Telenor expects its subsidiaries in Pakistan and Malaysia to improve their performance in the current quarter after relatively weak figures in the third quarter Chief Executive Jon Baksaas said on Wednesday. "DiGi (in Malays
The profit after tax of National Bank of Pakistan (NBP) has increased to Rs 11.810 billion in the nine month period ended September 30, 2012 as compared to Rs 11.402 billion earned in the corresponding period in 2011. The board of directors of the company
The profit after tax of National Bank of Pakistan (NBP) has increased to Rs 11.810 billion in the nine month period ended September 30, 2012 as compared to Rs 11.402 billion earned in the corresponding period in 2011. The board of directors of the company
The profit after tax of National Bank of Pakistan (NBP) has increased to Rs 11.810 billion in the nine month period ended September 30, 2012 as compared to Rs 11.402 billion earned in the corresponding period in 2011. The board of directors of the company
The profit after tax of National Bank of Pakistan (NBP) has increased to Rs 11.810 billion in the nine month period ended September 30, 2012 as compared to Rs 11.402 billion earned in the corresponding period in 2011. The board of directors of the company
A US drone attack killed at least three suspected militants in restive tribal region on Wednesday, intelligence officials said. Two missiles fired from an unmanned aircraft struck a compound in the area of Tapi near Miranshah, the main town of North Wazir
A US drone attack killed at least three suspected militants in restive tribal region on Wednesday, intelligence officials said. Two missiles fired from an unmanned aircraft struck a compound in the area of Tapi near Miranshah, the main town of North Wazir
The Federal Board of Revenue (FBR) has decided to withdraw all notifications granting exemptions of sales tax and federal excise duty (FED) to Khyber-Pakhtunkhwa and Federally Administered Tribal Areas (Fata) and Provincially Administered Tribal Areas (Pa
The Federal Board of Revenue (FBR) has decided to withdraw all notifications granting exemptions of sales tax and federal excise duty (FED) to Khyber-Pakhtunkhwa and Federally Administered Tribal Areas (Fata) and Provincially Administered Tribal Areas (Pa
The Federal Board of Revenue (FBR) has decided to withdraw all notifications granting exemptions of sales tax and federal excise duty (FED) to Khyber-Pakhtunkhwa and Federally Administered Tribal Areas (Fata) and Provincially Administered Tribal Areas (Pa
The National Accountability Bureau (NAB) on Wednesday informed the Supreme Court that it has filed a reference against former Chairman of the Oil and Gas Regulatory Authority (Ogra) Tauqir Sadiq and five other accused in multi-billion-rupee scams. A two-m
The National Accountability Bureau (NAB) on Wednesday informed the Supreme Court that it has filed a reference against former Chairman of the Oil and Gas Regulatory Authority (Ogra) Tauqir Sadiq and five other accused in multi-billion-rupee scams. A two-m
The National Accountability Bureau (NAB) on Wednesday informed the Supreme Court that it has filed a reference against former Chairman of the Oil and Gas Regulatory Authority (Ogra) Tauqir Sadiq and five other accused in multi-billion-rupee scams. A two-m
The Supreme Court on Wednesday questioned the formula under which Oil and Gas Regulatory Authority (Ogra) linked the price of domestic Compressed Natural Gas (CNG) with imported petrol on a weekly basis. Issuing notices to Managing Directors of Sui-Northe
The Supreme Court on Wednesday questioned the formula under which Oil and Gas Regulatory Authority (Ogra) linked the price of domestic Compressed Natural Gas (CNG) with imported petrol on a weekly basis. Issuing notices to Managing Directors of Sui-Northe
The Supreme Court on Wednesday questioned the formula under which Oil and Gas Regulatory Authority (Ogra) linked the price of domestic Compressed Natural Gas (CNG) with imported petrol on a weekly basis. Issuing notices to Managing Directors of Sui-Northe
The Islamabad High Court (IHC) on Wednesday declared the receipt of fuel price adjustment (FPA) charges in the electricity bills ''null and void'' and directed National Electric Power Regulatory Authority (Nepra) to adjust the charged amount in the future
The Islamabad High Court (IHC) on Wednesday declared the receipt of fuel price adjustment (FPA) charges in the electricity bills 'null and void' and directed National Electric Power Regulatory Authority (Nepra) to adjust the charged amount in the future b
The Islamabad High Court (IHC) on Wednesday declared the receipt of fuel price adjustment (FPA) charges in the electricity bills 'null and void' and directed National Electric Power Regulatory Authority (Nepra) to adjust the charged amount in the future b
Secretary of Water and Power Nargis Sethi has reportedly blocked the Ministry of Petroleum''s move in the Economic Co-ordination Committee (ECC) of the Cabinet to divert 60 MMcfd gas from the Guddu thermal power station (GTPS) to the fertiliser sector, so
Secretary of Water and Power Nargis Sethi has reportedly blocked the Ministry of Petroleum's move in the Economic Co-ordination Committee (ECC) of the Cabinet to divert 60 MMcfd gas from the Guddu thermal power station (GTPS) to the fertiliser sector, sou
Secretary of Water and Power Nargis Sethi has reportedly blocked the Ministry of Petroleum's move in the Economic Co-ordination Committee (ECC) of the Cabinet to divert 60 MMcfd gas from the Guddu thermal power station (GTPS) to the fertiliser sector, sou
The federal government on Wednesday appointed Lieutenant General Asif Yasin Malik (Retd) as new Chairman Pakistan International Airlines with immediate effect. Ministry of Defence issued notification regarding his appointment as chairman. The post of Chai
The federal government on Wednesday appointed Lieutenant General Asif Yasin Malik (Retd) as new Chairman Pakistan International Airlines with immediate effect. Ministry of Defence issued notification regarding his appointment as chairman. The post of Chai
The federal government on Wednesday appointed Lieutenant General Asif Yasin Malik (Retd) as new Chairman Pakistan International Airlines with immediate effect. Ministry of Defence issued notification regarding his appointment as chairman. The post of Chai
Minister of Law and Justice, Farooq H Naek and Secretary Water and Water Power, Nargis Sethi were reportedly against the Economic Co-ordinator Committee (ECC) approving a government guarantee for a fresh loan of Rs 9.36 billion for Pakistan International
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (October 24, 2012).
Minister of Law and Justice, Farooq H Naek and Secretary Water and Water Power, Nargis Sethi were reportedly against the Economic Co-ordinator Committee (ECC) approving a government guarantee for a fresh loan of Rs 9.36 billion for Pakistan International
Minister of Law and Justice, Farooq H Naek and Secretary Water and Water Power, Nargis Sethi were reportedly against the Economic Co-ordinator Committee (ECC) approving a government guarantee for a fresh loan of Rs 9.36 billion for Pakistan International
On Wednesday, BRIndex30 opened at 10,807.90. It touched an intraday high of 10,843.65 and an intraday low of 10,777.64 and closed at 10,793.22 which was -14.68 points or -0.14 percent lower than previous close. Total volume was 104,079,500, which was 72.4
On Wednesday, BRIndex30 opened at 10,807.90. It touched an intraday high of 10,843.65 and an intraday low of 10,777.64 and closed at 10,793.22 which was -14.68 points or -0.14 percent lower than previous close. Total volume was 104,079,500, which was 72.4
Positive trend continued on the Karachi share market on Wednesday and the benchmark KSE-100 index closed at fresh highest ever level of 15,865.53 points with a net gain of 11.69 points. The market opened on positive note and the index hit 15,908.93 points
Positive trend continued on the Karachi share market on Wednesday and the benchmark KSE-100 index closed at fresh highest ever level of 15,865.53 points with a net gain of 11.69 points. The market opened on positive note and the index hit 15,908.93 points
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
Positive trend continued on the Karachi share market on Wednesday and the benchmark KSE-100 index closed at fresh highest ever level of 15,865.53 points with a net gain of 11.69 points. The market opened on positive note and the index hit 15,908.93 points
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
European Central Bank President Mario Draghi gave a robust defence of his bond-buying plan to ease the euro zone debt crisis, telling sceptical German lawmakers that fears of illegal funding of governments or stoking inflation were misplaced. Draghi emerg
European Central Bank President Mario Draghi gave a robust defence of his bond-buying plan to ease the euro zone debt crisis, telling sceptical German lawmakers that fears of illegal funding of governments or stoking inflation were misplaced. Draghi emerg
European Central Bank President Mario Draghi gave a robust defence of his bond-buying plan to ease the euro zone debt crisis, telling sceptical German lawmakers that fears of illegal funding of governments or stoking inflation were misplaced. Draghi emerg
European Central Bank President Mario Draghi gave a robust defence of his bond-buying plan to ease the euro zone debt crisis, telling sceptical German lawmakers that fears of illegal funding of governments or stoking inflation were misplaced. Draghi emerg
Eurozone businesses suffered another dismal month in October, suggesting the economy may be headed for a deeper recession than expected, but conditions improved slightly for US and Chinese manufacturers. In Europe, a slump that began with a debt crisis in
A book titled "Valley of Kashmir" by a British Civil servant Sir Walter Lawrence, published somewhere in 1890s, describes the beauty of the state Kashmir as "an emerald set in pearls, a land of lakes, clear streams, green turf, magnificent trees and might
Eurozone businesses suffered another dismal month in October, suggesting the economy may be headed for a deeper recession than expected, but conditions improved slightly for US and Chinese manufacturers. In Europe, a slump that began with a debt crisis in
It is red-letter day for all of us, an occasion to celebrate and reiterate our pledge to carry on our struggle until the freedom of Jammu and Kashmir. From the days of Dogra Raj to this day the Kashmiri have proved they are freedom lovers and will never b
Eurozone businesses suffered another dismal month in October, suggesting the economy may be headed for a deeper recession than expected, but conditions improved slightly for US and Chinese manufacturers. In Europe, a slump that began with a debt crisis in
The 65th Foundation Day of the Government and the State of Azad Jammu and Kashmir is being celebrated by all the Kashmir and Pakistani people with all enthusiasm and nationalism. At this occasion, I offer my heartiest congratulations and applause to the w
The US on Wednesday said that it was committed to helping Pakistan overcome its acute energy crisis. Richard E. Hoagland, Charge d'' affaires, made these remarks in a letter on US-Pakistan energy co-operation while introducing a new electronic outreach se