Fazal Qadir Sherani, President FPCCI has nominated Muhammad Farooq Afzal, CE of ITN group of companies as Chairman Pakistan Russia Business Council (PRBC) of FPCCI for the 2013 term. He advised that new Council to promote and increase Pakistan's trade col
Pakistan, which has lost various lucrative international markets of agricultural products to India, is now facing stiff competition in value-added horticulture products, particularly in Gulf region. Due to big difference in prices, Pakistani exporters are
The owners of CNG filling stations from all across Pakistan have said that they are not being provided gas since one and a half years despite directives of the Prime Minister and courts which is ravaging their Rs 10 billion investments. Mubashir Hussain a
Pakistan is well poised to become the most popular destination of world's plastic waste. As of 2012, it is already the key dumping ground of waste originating from the gulf region including Saudi Arabia, Bahrain and UAE. Recently on the back of growing en
The Chief of the Naval Staff, Admiral Muhammad Asif Sandila, here on Wednesday visited different ships of foreign navies participating in the on-going Multinational Exercise Aman-13. An ISPR (Navy) press release said that upon his arrival, the Naval Chief
The Pakistan Credit Rating Agency (Pacra) has upgraded the asset manager rating of Habib Asset Management Limited (HAML) to 'AM3' (AM three). [Previous Rating: "AM3-" with Positive Outlook]. The rating denotes high investment management industry standards
The Pakistan Credit Rating Agency (Pacra) has upgraded the asset manager rating of Habib Asset Management Limited (HAML) to 'AM3' (AM three). [Previous Rating: "AM3-" with Positive Outlook]. The rating denotes high investment management industry standards
Trading Corporation of Pakistan (TCP) has paid Rs 14.6 billion to 60 mills against procurement of sugar during this year. On the directives of the Economic Co-ordination Committee (ECC) of the Cabinet, recently, state-run grain trader has procured 330,000
The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term ratings of First Punjab Modaraba (FPM) at "BBB" (Triple B) and "A3" (A Three), respectively. These ratings denote low expectation of credit risk and an adequate
Water and Power Ministry and National Accountability Bureau (NAB) have joined hands to recover Rs 112 billion from 235,000 chronic private electricity bill defaulters. This decision was taken at a joint meeting of Minister for Water and Power, Ahmad Mukht
The National Assembly on Wednesday passed the Securities and Exchange Commission of Pakistan (Amendment) Bill of 2013 aimed at regulating the domestic capital market and safeguarding the interest of investors. The government had to defer another important
The National Assembly on Wednesday passed the Securities and Exchange Commission of Pakistan (Amendment) Bill of 2013 aimed at regulating the domestic capital market and safeguarding the interest of investors. The government had to defer another important
The National Assembly on Wednesday passed the Securities and Exchange Commission of Pakistan (Amendment) Bill of 2013 aimed at regulating the domestic capital market and safeguarding the interest of investors. The government had to defer another important
The National Assembly on Wednesday passed the Securities and Exchange Commission of Pakistan (Amendment) Bill of 2013 aimed at regulating the domestic capital market and safeguarding the interest of investors. The government had to defer another important
A Pakistani-American man has been arrested by the FBI on charges of providing material support to terrorists involved in the 2009 suicide attack at the ISI headquarters in Lahore that killed 30 people and wounded more than 300 others. Reaz Qadir Khan, 48,
A Pakistani-American man has been arrested by the FBI on charges of providing material support to terrorists involved in the 2009 suicide attack at the ISI headquarters in Lahore that killed 30 people and wounded more than 300 others. Reaz Qadir Khan, 48,
The Islama-bad High Court on Wednesday issued directives to the concerned authorities to suspend the notification with regard to appointment of Premier Raja Pervez Ashraf's son-in-law Shahnawaz Mahmood as Director Pak-China Investment Company Limited (PCI
The Islama-bad High Court on Wednesday issued directives to the concerned authorities to suspend the notification with regard to appointment of Premier Raja Pervez Ashraf's son-in-law Shahnawaz Mahmood as Director Pak-China Investment Company Limited (PCI
Pakistan Muslim League-Nawaz (PML-N) has short-listed three names ie, Rasool Baksh Paleejo, former Justice Nasir Aslam Zahid and former Justice Shakirullah Jan for the slot of caretaker prime minister. Opposition leader in the National Assembly Chaudhry N
Pakistan Muslim League-Nawaz (PML-N) has short-listed three names ie, Rasool Baksh Paleejo, former Justice Nasir Aslam Zahid and former Justice Shakirullah Jan for the slot of caretaker prime minister. Opposition leader in the National Assembly Chaudhry N
Pakistan has reached a critical balance of payments situation and will need another package from the International Monetary Fund before the end of the year to avert a crisis, one of the biggest lenders to the country said on Wednesday. The Asian Developme
Pakistan has reached a critical balance of payments situation and will need another package from the International Monetary Fund before the end of the year to avert a crisis, one of the biggest lenders to the country said on Wednesday. The Asian Developme
Pakistan has reached a critical balance of payments situation and will need another package from the International Monetary Fund before the end of the year to avert a crisis, one of the biggest lenders to the country said on Wednesday. The Asian Developme
Karachi Share Market again ended lower on the third day of the trading week as a panic situation continued in the metropolis on Sunday's blast near Abbas Town. The KSE-100 index shed 52.87 points, closing at 18,000.45 points against 18053.32 points a day
Karachi Share Market again ended lower on the third day of the trading week as a panic situation continued in the metropolis on Sunday's blast near Abbas Town. The KSE-100 index shed 52.87 points, closing at 18,000.45 points against 18053.32 points a day
Karachi Share Market again ended lower on the third day of the trading week as a panic situation continued in the metropolis on Sunday''s blast near Abbas Town. The KSE-100 index shed 52.87 points, closing at 18,000.45 points against 18053.32 points a day
On Wednesday, BRIndex30 opened at 12,316.18. It touched an intraday high of 12,432.66 and an intraday low of 12,150.50 and closed at 12,167.68 which was -148.5 points or -1.21 percent lower than previous close. Total volume was 264,660,700, which was 77.5
On Wednesday, BRIndex30 opened at 12,316.18. It touched an intraday high of 12,432.66 and an intraday low of 12,150.50 and closed at 12,167.68 which was -148.5 points or -1.21 percent lower than previous close. Total volume was 264,660,700, which was 77.5
The Election Commission of Pakistan (ECP) will circulate the photocopies of the nomination papers of all contesting candidates among State Bank of Pakistan (SBP), Federal Board of Revenue (FBR) and National Accountability Bureau (NAB) for verification. Th
Federal government is to import 0.330 million tons of urea through Trading Corporation of Pakistan (TCP) from international open market under the instructions of deputy prime minister, sources close to Secretary Industries told Business Recorder.
Federal government is to import 0.330 million tons of urea through Trading Corporation of Pakistan (TCP) from international open market under the instructions of deputy prime minister, sources close to Secretary Industries told Business Recorder.
Federal government is to import 0.330 million tons of urea through Trading Corporation of Pakistan (TCP) from international open market under the instructions of deputy prime minister, sources close to Secretary Industries told Business Recorder.
The Federal Board of Revenue (FBR) and All Pakistan Textile Mills Association (APTMA) have developed consensus that 2 percent sales tax would be applicable on supply of yarn to registered or un-registered persons. Sources told Business Recorder her
The Federal Board of Revenue (FBR) and All Pakistan Textile Mills Association (APTMA) have developed consensus that 2 percent sales tax would be applicable on supply of yarn to registered or un-registered persons. Sources told Business Recorder her
The Federal Board of Revenue (FBR) and All Pakistan Textile Mills Association (APTMA) have developed consensus that 2 percent sales tax would be applicable on supply of yarn to registered or un-registered persons. Sources told Business Recorder her
The European Union fined Microsoft Corp 561 million euros ($731 million) on Wednesday for failing to offer users a choice of web browser, an unprecedented sanction that will act as a warning to other firms involved in EU antitrust disputes. It said the US
The European Union fined Microsoft Corp 561 million euros ($731 million) on Wednesday for failing to offer users a choice of web browser, an unprecedented sanction that will act as a warning to other firms involved in EU antitrust disputes. It said the US
The European Union fined Microsoft Corp 561 million euros ($731 million) on Wednesday for failing to offer users a choice of web browser, an unprecedented sanction that will act as a warning to other firms involved in EU antitrust disputes. It said the US
The National Assembly on Wednesday came up with united stance through a unanimous resolution to condemn all those TV anchorpersons who, according to them, telecast programmes against parliamentarians without verification "for some personal agendas, ulteri
The National Assembly on Wednesday came up with united stance through a unanimous resolution to condemn all those TV anchorpersons who, according to them, telecast programmes against parliamentarians without verification "for some personal agendas, ulteri
The federal government has appointed Ashraf Mahmood Wathra as Deputy Governor, State Bank of Pakistan (SBP), for a period of three years from the date he assumes office, says a notification issued by the Finance Division, Islamabad. Wathra brings 35 years
The federal government has appointed Ashraf Mahmood Wathra as Deputy Governor, State Bank of Pakistan (SBP), for a period of three years from the date he assumes office, says a notification issued by the Finance Division, Islamabad. Wathra brings 35 years
The federal government has appointed Ashraf Mahmood Wathra as Deputy Governor, State Bank of Pakistan (SBP), for a period of three years from the date he assumes office, says a notification issued by the Finance Division, Islamabad. Wathra brings 35 years
The Senate on Wednesday passed 'The Constitution (24th Amendment) Bill, 2013' with a two-third majority. The bill is designed to create the new province of Bahawalpur-Junoobi Punjab out of the Punjab province. The bill was moved by federal Law Minister Fa
The Senate on Wednesday passed 'The Constitution (24th Amendment) Bill, 2013' with a two-third majority. The bill is designed to create the new province of Bahawalpur-Junoobi Punjab out of the Punjab province. The bill was moved by federal Law Minister Fa
The Senate on Wednesday passed ''The Constitution (24th Amendment) Bill, 2013'' with a two-third majority. The bill is designed to create the new province of Bahawalpur-Junoobi Punjab out of the Punjab province. The bill was moved by federal Law Minister
Water and Power Ministry and National Accountability Bureau (NAB) have joined hands to recover Rs 112 billion from 235,000 chronic private electricity bill defaulters. This decision was taken at a joint meeting of Minister for Water and Power, Ahmad Mukht
Water and Power Ministry and National Accountability Bureau (NAB) have joined hands to recover Rs 112 billion from 235,000 chronic private electricity bill defaulters. This decision was taken at a joint meeting of Minister for Water and Power, Ahmad Mukht
Pierre Mayaudon, Deputy Head of Delegation of European Union (EU) to Pakistan and Husnain Iftikhar, Senior Trade Advisor of Delegation of European Union (EU) to Pakistan will visit Karachi Fish Harbour on Thursday (today). The team will visit two seafood
Passport applicants in and outside the country especially in Dubai and Abu Dhabi are facing severe problems as the Pakistani Consulate in Dubai and Directorate of Immigration and Passport (I&P) are taking a long time to deliver them. Pakistani expat commu
Acting Ameer Jamaat-i-Islami (JI) Karachi Barjees Ahmed has said that the bomb blast at Abul Hassan Isphani Road was a part of American conspiracy to spark sectarian violence in the city. This he said while addressing a press conference at Idara-e-Noor Ha
An International award for meritorious services in the field of tourism and aviation for the year 2012 has been conferred upon Chairman, Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Standing Committee on Marketing, Salman Javed. The a
The government has so far failed to bring a single unit of shale or tight gas into production. As per official estimates, Pakistan has huge reservoirs of shale and tight gas. The US Energy Information Administration has estimated the shale gas reserves in
The Shia community, which lost hundreds of lives in targeted killings and bomb blasts over the past few years, has lost confidence in Rangers, police, judiciary and political parties, Chairman of Shia Qaumi Mahaz (SQM) Muhammad Ali Shah said at a press co
Securities and Exchange Commission of Pakistan (SECP) has issued 5 warning letters, 8 show-cause notices and an order to various insurance/takaful companies for failing to comply with corporate laws, insurance laws and accounting standards and regulations
The authorities of Karachi Stock Exchange (KSE) on Wednesday have suspended of Trading in the shares of Fateh Textile Mills Limited and placed the company in Defaulters' Segment of the Exchange.
The authorities of Karachi Stock Exchange (KSE) on Wednesday have suspended of Trading in the shares of Fateh Textile Mills Limited and placed the company in Defaulters' Segment of the Exchange.
All Pakistan Motor Dealers Association (APMDA) considers removal of NTN to buy cars is aimed at facilitating election rigging. Chairman, APMDA, H.M.Shahzad in a letter sent to the Chief Election Commissioner, former Justice Fakhruddin G. Ebrahim has broug
Air Chief Marshal Tahir Rafique Butt, Chief of the Air Staff, Pakistan Air Force (PAF) visited Royal Australian Air Force Headquarters. During the visit he met Air Marshal Geoff Brown, Chief of the Royal Australian Air Force. Both the dignitaries remained
The Supreme Court on Wednesday announced its eight-page reserved judgement against the procedure adopted by the military court to enhance the sentence of two civilians convicted of having a role in the suicide attack on the then President, Pervez Musharra
Ministry of Commerce has strongly refuted a news item published in this newspaper with the caption ""parchi" did play role in selection process: Secretary". According to a clarification issued by the Ministry of Commerce, the Secretary Commerce's comments