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Nov 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2013-04-18
PIA flights to Sri Lanka: business community irked by suspension

PIA flights to Sri Lanka: business community irked by suspension

The suspension of PIA flights to Sri Lanka, which were started in 2011 with much fanfare, has disappointed members of business community including betel leaf, and drug traders and tour operators. Considered lucrative and productive by them, these flights
Published 18 Apr, 2013 12:00am
CEC condemns terrorist attacks

CEC condemns terrorist attacks

Chief Election Commissioner (CEC) Fakhruddin G Ebrahim condemned Peshawar, Balochistan and Hyderabad terrorist attacks on political leadership. Fakhruddin G Ebrahim: "I condemn the barbaric and senseless attacks witnessed in Peshawar, Balochistan and Hyde
Published 18 Apr, 2013 12:00am
IJT expresses concern over 'narcotics selling' inside KU campus

IJT expresses concern over 'narcotics selling' inside KU campus

Islami Jamiat Talba (IJT) on Wednesday expressed serious concerns over selling of narcotics inside Karachi University's campus, demanding concrete steps against those involved in the practice to save the lives of students. Addressing a news conference at
Published 18 Apr, 2013 12:00am
'N' and 'F' Leagues discuss consensus candidates for Sindh

'N' and 'F' Leagues discuss consensus candidates for Sindh

Pakistan Muslim League-Nawaz President and former Punjab chief minister Mian Shahbaz Sharif, who was in the city on Wednesday for his party's parliamentary board meeting, visited Raja House to finalise the names of the consensus candidates in Sindh.
Published 18 Apr, 2013 12:00am
KU signs MoU with Turkish University

KU signs MoU with Turkish University

The University of Karachi has entered into a Memorandum of Understanding (MoU) with Turkey's Gediz University. An announcement to this effect was made by a spokesperson of Karachi University. It was pointed out that the Vice-Chancellor Professor Dr Muhamm
Published 18 Apr, 2013 12:00am
Rangers arrest 23 suspects from Jahanabad

Rangers arrest 23 suspects from Jahanabad

Sindh Rangers on Wednesday claimed to have arrested 23 suspects and recovered different types of weapons during search operation in Jahanabad. According to official sources, some 800 personnel took part in the operation, which was kicked off after sealing
Published 18 Apr, 2013 12:00am
Earthquake shakes northwest Balochistan again

Earthquake shakes northwest Balochistan again

Yet another earthquake measuring six on the Richter scale jolted the northwest Balochistan, here on Wednesday. The tremor centered in Mashkil and nearby areas, with the main effect felt in Dalbandin, Nau Kundi, Noshki and other parts of the provincial cap
Published 18 Apr, 2013 12:00am
Denial of party ticket: former PPP minister, supporters stage protest

Denial of party ticket: former PPP minister, supporters stage protest

Former MPA and provincial minister for transport Akhtar Jadoon of Pakistan Peoples Party (PPP) along with his supporters on Wednesday staged a protest in front of Bilawal House, the residence of President Asif Ali Zardari who is also the party's co-chairm
Published 18 Apr, 2013 12:00am
Al-Khidmat begins relief, rescue operation in quake-hit Mushkil

Al-Khidmat begins relief, rescue operation in quake-hit Mushkil

Al-Khidmat Foundation on Wednesday started relief work in quake-devastated areas of Balochistan with initial supplies of medicines, food and potable water. Talking to Business Recorder, head of Disaster Management Cell of Al-Khidmat Foundation, Ija
Published 18 Apr, 2013 12:00am
Government's budget borrowing may cross Rs 1 trillion mark

Government's budget borrowing may cross Rs 1 trillion mark

The federal government's borrowings for budgetary support is likely to cross one-trillion-rupee mark by the end of this fiscal year mainly because of lower than targeted tax collection and rising subsidies. Source in the banking industry told Business
Published 18 Apr, 2013 12:00am
Extremists extract a profound human toll: report

Extremists extract a profound human toll: report

As many as 559 persons were killed while 718 injured across the country in 379 incidents of extremism over the past 15 months (between October 2011 and December last year), showing an increase of 67 percent over the 181 casualties recorded in the previous
Published 18 Apr, 2013 12:00am
PST candidate withdrawn in favour of QWP's Malik Sher

PST candidate withdrawn in favour of QWP's Malik Sher

A candidate of Pakistan Sunni Tehreek (PST) from constituency PK-2 Inamullah Qadri on Wednesday withdrew in favour of Qaumi Watan Party (QWP) Malik Sher Bahadar Khan, and announced fully support to him in the upcoming general elections. Speaking at a pres
Published 18 Apr, 2013 12:00am
Teachers urged to include tolerance among students

Teachers urged to include tolerance among students

Khyber Pakhtunkhwa Caretaker Minister for Information, Public Relations and Education, Mossarat Qadeem has asked the teachers to create habit of tolerance in their students along with teaching in order to make them peaceful citizens. This she said while a
Published 18 Apr, 2013 12:00am
India blamed for strategic dialogue's failure

India blamed for strategic dialogue's failure

Federal Secretary of Defence Lieutenant General Asif Yaseen Malik (Retd) on Wednesday blamed India for the failure of comprehensive strategic dialogue between Pakistan and India. Pakistan was facing a number of internal and external security threats while
Published 18 Apr, 2013 12:00am
Strike observed against attack on Zehri

Strike observed against attack on Zehri

Shutter down strike was observed in different cities of Balochistan on Wednesday to protest against attack on PML-N leader Sanaullah Zehri's convoy. On Tuesday, at least five people including Zehri's son, brother and nephew were killed when roadside bomb
Published 18 Apr, 2013 12:00am
Peshawar seats: JUI-F finalises names of candidates

Peshawar seats: JUI-F finalises names of candidates

Jamiat Ulema-e-Islam (JUI-F) on Wednesday formally announced its candidates for contesting elections on four National Assembly and 11 Provincial Assembly seats from the provincial metropolis. According to a statement issued by JUI-F's provincial sectary i
Published 18 Apr, 2013 12:00am
Secret funds: Ministry asked to verify documents

Secret funds: Ministry asked to verify documents

The Supreme Court on Wednesday directed the Ministry of Information and Broadcasting to verify all documents submitted in the court regarding the utilization of secret funds by the Ministry. A two-member bench of Justice Jawwad S Khawaja and Justice Khilj
Published 18 Apr, 2013 12:00am
SECP reviews existing BTU rules

SECP reviews existing BTU rules

The Securities and Exchange Commission of Pakistan (SECP) with the approval of the federal government has reviewed the existing Ballotters, Transfer Agents & Underwriters Rules, 2001 and drafted two separate sets of regulatory frameworks, viz. the draft U
Published 18 Apr, 2013 12:00am
Eight militants killed in Orakzai

Eight militants killed in Orakzai

Eight militants were killed and one soldier was injured after an exchange of fire in Orakzai Agency on Wednesday. According to sources, Taliban militants ambushed a security check-post in Dabori area of Orakzai Agency early in the morning. The security fo
Published 18 Apr, 2013 12:00am
Life-time perks: law secretary summoned

Life-time perks: law secretary summoned

The Supreme Court on Wednesday summoned the federal Law Secretary in response to a suo motu case over life-time security and other perks and privileges to former premiers and federal ministers. A five-member bench of Chief Justice Iftikhar Muhammad Chaudh
Published 18 Apr, 2013 12:00am
Government lands: SRB asked to explain policy

Government lands: SRB asked to explain policy

The Supreme Court Wednesday directed Sindh Board of Revenue to apprise the court about government policy of allotting government lands to different organisations on lease. The court also directed the provincial government of Sindh to revisit allotment of
Published 18 Apr, 2013 12:00am
SU vice chancellor returns from Turkey

SU vice chancellor returns from Turkey

Sindh University (SU) Vice Chancellor Professor Dr Nazir A Mughal has returned home after he completed his 4-day visit to Turkey along with Governors' delegation. The delegation visited a number of Turkish universities and developed academic linkages and
Published 18 Apr, 2013 12:00am
IoBM gets Internal APQN Award

IoBM gets Internal APQN Award

Pakistan's name is gracefully linked to a prestigious award in higher education as the Institute of Business Management (IoBM) has earned the Best Internal Quality Assurance Award from the Asian Pacific Quality Network in Taiwan. The Asia-Pacific Quality
Published 18 Apr, 2013 12:00am
Industrial areas now face eight-hour loadshedding: Shamsi

Industrial areas now face eight-hour loadshedding: Shamsi

Due to some internal conflict between KESC and SSGC, 8 hour long load shedding has been started in industrial areas which are a killing move for industries. As a result, they'll not be able to fulfil their export commitments and on the other hand, hundred
Published 18 Apr, 2013 12:00am
SU finalises arrangements to hold semester exams

SU finalises arrangements to hold semester exams

All arrangements including maintenance of law and order have been finalised to conduct the semester examinations in all disciplines of the University of Sindh (SU) Jamshoro, starting from April 22, 2013. According to a University spokesman, the Registrar
Published 18 Apr, 2013 12:00am
Shakaib Qureshi given Finance portfolio

Shakaib Qureshi given Finance portfolio

Shakaib Qureshi, caretaker minister for Planning & Development and Sindh Revenue Board (SRB), was given the portfolio of Finance while caretaker finance minister Shabbar Zaidi, was given the portfolios of Excise & Taxation and Board of Revenue. A notifica
Published 18 Apr, 2013 12:00am
Railways minister calls on Prime Minister

Railways minister calls on Prime Minister

Federal Minister for Railways, Abdul Malik Kasi called on Prime Minister former Justice Mir Hazar Khan Khoso at the PM's House. While talking to the Minister the Prime Minister said that Railways is a popular and cheap means of transport of people and car
Published 18 Apr, 2013 12:00am
Government of Pakistan Market Treasury Bills

Government of Pakistan Market Treasury Bills

Tenders for Sale of 3-Months, 6-Months & 12-Months Government of Pakistan Market Treasury Bills were invited by the State Bank of Pakistan, Karachi through Primary Dealers on April 17, 2013. Bids were opened at 12:00 hours on April 17, 2013 which was rece
Published 18 Apr, 2013 12:00am
Government of Pakistan Market Treasury Bills

Government of Pakistan Market Treasury Bills

Tenders for Sale of 3-Months, 6-Months & 12-Months Government of Pakistan Market Treasury Bills were invited by the State Bank of Pakistan, Karachi through Primary Dealers on April 17, 2013. Bids were opened at 12:00 hours on April 17, 2013 which was rece
Published 18 Apr, 2013 12:00am
Poster exhibition held at SU

Poster exhibition held at SU

The administration of Sindh University (SU) is paying a remarkable attention on academic activities on the campus in a bid to enhance the confidence level of the students and promote culture of research as poster presentation and model exhibition was arra
Published 18 Apr, 2013 12:00am
Speakers lay stress on awareness about risk mitigation

Speakers lay stress on awareness about risk mitigation

There is dire need to create awareness among the masses about the risk mitigation through insurance and in the regard Insurance Association of Pakistan (IAP) to mark 'Insurance Day' on April 18, Thursday, said Ayaz Hussain Gad, Chairman Karachi Insurance
Published 18 Apr, 2013 12:00am
'Political will' stressed: PEF asks MoF to redefine its 'cap for debt'

'Political will' stressed: PEF asks MoF to redefine its 'cap for debt'

Pakistan Economic Forum (PEF) of Pakistan Business Council (PBC) on Wednesday asked the ministry of finance to redefine its 'cap for debt' and use fiscal revenue and government share of total bank credit as fundamental yardsticks to improve debt managemen
Published 18 Apr, 2013 12:00am
UBL Islamic Principal Preservation Fund launched

UBL Islamic Principal Preservation Fund launched

Launched under the Siraj umbrella, UBL Funds introduced the UBL Islamic Principal Preservation Fund on April 01, 2013. For the first time in Pakistan, investments can be made in a Shariah Compliant investment scheme with 100 percent exposure into the stoc
Published 18 Apr, 2013 12:00am
UBL Islamic Principal Preservation Fund launched

UBL Islamic Principal Preservation Fund launched

Launched under the Siraj umbrella, UBL Funds introduced the UBL Islamic Principal Preservation Fund on April 01, 2013. For the first time in Pakistan, investments can be made in a Shariah Compliant investment scheme with 100 percent exposure into the stoc
Published 18 Apr, 2013 12:00am
NH&MP holds awareness session for students

NH&MP holds awareness session for students

Children and youth should be the prime focus of National Highways and Motorway Police (NH&MP) and the department is making proper efforts to bring a disciplined next generation on roads with better sense of traffic and road safety rules. This was said by
Published 18 Apr, 2013 12:00am
Services Hospital joins WWF-P to reduce environmental degradation

Services Hospital joins WWF-P to reduce environmental degradation

Services Hospital has joined World Wide Fund for Nature-Pakistan (WWF-P) to reduce environmental degradation in the country. As part of the Earth Day campaign to plant more than 50,000 trees, Services Hospital pledged to do its part in a ceremony held at
Published 18 Apr, 2013 12:00am
Two more children die from measles in Lahore

Two more children die from measles in Lahore

There is no let up in outbreak of measles, as the disease continued to play havoc, as two more children-Ijaz (7 months) and Iqra (one year) died in Lahore raising the death toll. Over 50 children are still under treatment in different hospitals of Lahore.
Published 18 Apr, 2013 12:00am
'No change possible with corruption'

'No change possible with corruption'

Secretary General, Jamaat-e-Islami, Liaqat Baloch, has said that the fate of the people and the country could not be changed without eradicating corruption and the system that protected it. Addressing corner meeting in his constituency, NA 126 on Wednesda
Published 18 Apr, 2013 12:00am
'PPP, PML-Q to purge Punjab of corrupt politicians'

'PPP, PML-Q to purge Punjab of corrupt politicians'

Pakistan Peoples' Party (PPP) Chairman Bilawal Bhutto-Zardari has said that alliance of his party with the Pakistan Muslim League Quaid (PML-Q) will eliminate looters and corrupt politicians from Punjab, a private TV channel reports here on Wednesday. In
Published 18 Apr, 2013 12:00am
Tribunal allows Waqas Akram to contest elections

Tribunal allows Waqas Akram to contest elections

An election tribunal on Wednesday accepted the appeal of Pakistan Muslim League-Nawaz (PML-N) leader Sheikh Waqas Akram against the returning officer's decision to reject his nomination papers, allowing him to contest the elections from NA-89 Jhang-IV. Ea
Published 18 Apr, 2013 12:00am
Australia can help Sindh develop lignite coal mining: HC

Australia can help Sindh develop lignite coal mining: HC

Australia's world leading mining equipment, technology and service companies can play a significant role in the exploration and maximisation for Pakistan's natural resources, said Deputy High Commissioner of Australia Paul Mollay.
Published 18 Apr, 2013 12:00am
Wajahat disqualified: Chaudhry brothers suffer setback

Wajahat disqualified: Chaudhry brothers suffer setback

The dominant political force reliant on Jat clan in Punjab, Chaudhry brothers of Gujrat, suffered an unexpected political set back on Wednesday as the Election Tribunal declared former federal minister and younger brother of Chaudhary Shujaat Hussain, Cha
Published 18 Apr, 2013 12:00am
Unilever's delisting raises alarms among foreign investors

Unilever's delisting raises alarms among foreign investors

The Unilever Pakistan's decision to delist itself from the stock exchanges in Pakistan has raised alarms among those foreign investors who had invested millions of dollars in the country's capital market. Talking to Business Recorder via telephone,
Published 18 Apr, 2013 12:00am
Goods carriers increase transportation charges

Goods carriers increase transportation charges

Transportation cost of goods including coal and other raw materials for different industries has witnessed a sharp increase recently by goods carriers. According to sources, the carriers association has increased charges by thousands of rupees besides lim
Published 18 Apr, 2013 12:00am
Yasin to observe hunger strike in New Delhi on May 3

Yasin to observe hunger strike in New Delhi on May 3

Chairman of Jammu and Kashmir Liberation Front (JKLF), Muhammad Yasin Malik announced that he would hold a 48-hour hunger strike at Jantar Mantar in New Delhi on May 3 to seek rollback of life imprisonments awarded to occupied Kashmiri political prisoners
Published 18 Apr, 2013 12:00am
LHC orders record of defaulters' candidates be provided to ECP

LHC orders record of defaulters' candidates be provided to ECP

A full bench of Lahore High Court (LHC) here on Wednesday expressed dismay over non-compliance of its order and directed heads of excise and taxation, SNGPL, PTCL, Wasa and other utility departments to provide record of defaulter candidates in electronic
Published 18 Apr, 2013 12:00am
Acceptance of Nawaz's nomination papers challenged

Acceptance of Nawaz's nomination papers challenged

A full bench of Lahore High Court on Wednesday sought a reply from the Election Commission of Pakistan (ECP) within 10 days in a petition challenging the dismissal of appeals by an election tribunal against the acceptance Nawaz Sharif's nomination papers
Published 18 Apr, 2013 12:00am
UN offers support for earthquake victims

UN offers support for earthquake victims

The United Nations (UN) has expressed condolences and sincere sympathies to the people and the Government of Pakistan following the earthquake that struck Balochistan with border of Iran on Tuesday. "We extend our deep condolences to the people of Pakista
Published 18 Apr, 2013 12:00am
KESC providing uninterrupted power to all industrial zones

KESC providing uninterrupted power to all industrial zones

KESC rejected concerns raised by a small group of so-called industrial leaders on industrial loadshedding for the last few days due to consistently low supply of gas by SSGC. The hue and cry raised completely undermines KESC's service to the industry for
Published 18 Apr, 2013 12:00am
PPP-regime: HEC in the eyes of the storm

PPP-regime: HEC in the eyes of the storm

A DECADE-YOUNG INSTITUTION: The Higher Education Commission (HEC) is the regulatory body for the tertiary tier of education in Pakistan. Established in October 2002 following the promulgation of the 'Higher Education Commission Ordinance, 2002', HE
Published 18 Apr, 2013 12:00am
The Weather

The Weather

The weather report on Wednesday (April 17, 2013) and the forecast for Thursday (April 18, 2013).

Published 18 Apr, 2013 12:00am
PPP-regime: HEC in the eyes of the storm

PPP-regime: HEC in the eyes of the storm

A DECADE-YOUNG INSTITUTION: The Higher Education Commission (HEC) is the regulatory body for the tertiary tier of education in Pakistan. Established in October 2002 following the promulgation of the 'Higher Education Commission Ordinance, 2002', HE
Published 18 Apr, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 17, 2013).

Published 18 Apr, 2013 12:00am
Funeral prayers of martyred police officials offered

Funeral prayers of martyred police officials offered

The funeral prayers of police officials martyred in yesterday Yakatoot bomb blast was offered here in police lane on Wednesday. The funeral prayer of Station House Officer Abid Khan and four other police personnel offered in Police lane Peshawar where ANP
Published 18 Apr, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 17, 2013).

Published 18 Apr, 2013 12:00am
Bashir Baber new USC MD

Bashir Baber new USC MD

Bashir Baber took the charge as a new Managing Director of Utility Stores Corporation of Pakistan (USC) here on Wednesday by replacing Major General Malik Muhammad Farooq (Retd).
Published 18 Apr, 2013 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 18 Apr, 2013 12:00am
Polio workers pelted with stones

Polio workers pelted with stones

Unknown people on Wednesday pelted stones at polio vaccination team in Qazi Ahmed area of Nawabshah, injuring three workers. The stone-throwing incident took place at Hayat Marri Village in Nawabshah. According to reports, anti-polio workers, Khalid Soomr
Published 18 Apr, 2013 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 18 Apr, 2013 12:00am
Pakistan urges compromise to move forward on UNSC reform

Pakistan urges compromise to move forward on UNSC reform

Pakistan called for "serious discussions on a compromise solution" when the deadlocked intergovernmental negotiations aimed at restructuring the UN Security Council into a more representative, efficient and transparent body resumed on Tuesday.
Published 18 Apr, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 17, 2013).

Published 18 Apr, 2013 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (April 17, 2013) and for Thursday (April 18, 2013).
Published 18 Apr, 2013 12:00am
Gold unlikely to lose its lustre for long

Gold unlikely to lose its lustre for long

Gold is tangible, easy to hide, worth the same anywhere in the world and almost indestructible. It is a quasi-currency that this week has charmed and alarmed with its fiercest price fluctuations in 30 years. "It's certainly gone bonkers the last few days
Published 18 Apr, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (April 17, 2013).

Published 18 Apr, 2013 12:00am
Textile sector

Textile sector

Textile and textile products are the mainstay of country's exports. However, there is a need for the textile sector to improve efficiency and the quality of the products to improve its standing among competitors and to take advantage of improved price com
Published 18 Apr, 2013 12:00am
Customs Act, 1969: How disputes resolved through adjudications

Customs Act, 1969: How disputes resolved through adjudications

The proceedings under Customs Act, 1969, particularly with respect to confiscation of goods, recovery of duties and imposition of penalty are a subject matter of adjudication. Adjudication is the legal process of resolving a dispute, that is, a formal giv
Published 18 Apr, 2013 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (April 17, 2013).

Published 18 Apr, 2013 12:00am
Not in the name of religion

Not in the name of religion

At a meeting on Monday, the Senate's Special Committee on Election Issues took exception to the ECP's inclusion in its new Code of Conduct the guideline that candidates cannot seek votes in the name of religion or sect. Briefing journalists, JUI member of
Published 18 Apr, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 17, 2013).

Published 18 Apr, 2013 12:00am
Let's not abandon ANP

Let's not abandon ANP

Some more and some less, the fact remains that almost all the parties with stakes in the upcoming election have come under attacks launched by the anti-democratic forces. And the incidence of violence against the parties' rallies and leaders is increasing
Published 18 Apr, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 17, 2013).

Published 18 Apr, 2013 12:00am
IMF prognosis

IMF prognosis

According to a latest report by the IMF, picture of capital flows to Pakistan was largely blurred, with financial inflows remaining weak and debt payments on the rise. As such, sound macroeconomic policies will be crucial to ensure the sustainability of t
Published 18 Apr, 2013 12:00am
Balochistan elections: PPP, PML-N field players

Balochistan elections: PPP, PML-N field players

Pakistan Peoples Party and Pakistan Muslim League-N have fielded their candidates for general elections 2013 in Balochistan but have to face the wrath of those not awarded the tickets. Political sources told APP here on Wednesday that some unrest was repo
Published 18 Apr, 2013 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Minor fluctuations were witnessed on the local currency market on Wednesday in process of trading, dealers said. The rupee resisted sharp fall versus the dollar, losing one paisa for buying and selling at 98.39 and 98.41, dealers said.
Published 18 Apr, 2013 12:00am
GSP programme: TDAP officials, exporters apprised about Pak-US trade

GSP programme: TDAP officials, exporters apprised about Pak-US trade

Pakistan, where most exporters are largely unaware of the Generalised System of Preference (GSP) facility, exported goods worth $195 million to the US market in last year, participants of a video conference organised at the head office of the Trade Develo
Published 18 Apr, 2013 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Minor fluctuations were witnessed on the local currency market on Wednesday in process of trading, dealers said. The rupee resisted sharp fall versus the dollar, losing one paisa for buying and selling at 98.39 and 98.41, dealers said.
Published 18 Apr, 2013 12:00am
Raja to appeal for contesting elections

Raja to appeal for contesting elections

Former Prime Minister and leader of Pakistan People's Party (PPP), Raja Pervez Ashraf on Wednesday said that he would go to apex court to prove his electoral eligibility. His son Khuram Pervez would participate in elections if he was not permitted, he sai
Published 18 Apr, 2013 12:00am
'Defaming' PMA: government urged to take action against people involved

'Defaming' PMA: government urged to take action against people involved

Pakistan Medical Association (PMA) on Wednesday demanded of the government to take stern action against the elements involved in defaming PMA for their vested interests. Addressing a news conference at Karachi Press Club, Secretary General PMA Dr Mirza Al
Published 18 Apr, 2013 12:00am
FBR transfers and postings

FBR transfers and postings

Mustafa Ashraf, a BS-21 officer of Inland Revenue Service has assumed the charge of the post of Member (IR-Operations), Federal Board of Revenue (HQ) from April 17, 2013. In this regard, the FBR has issued a notification issued here on Wednesday.
Published 18 Apr, 2013 12:00am
Action on Mandviwalla's request: FBR seeks comments from RTO Peshawar

Action on Mandviwalla's request: FBR seeks comments from RTO Peshawar

The Federal Board of Revenue has taken action on the request of Senator Saleem Mandviwalla for granting concessions to an industrial unit in Nowshera for revival of the industry engaged in manufacturing of pipes. Sources told Business Recorder here
Published 18 Apr, 2013 12:00am
US imports from Pakistan up by 49 percent in 2012

US imports from Pakistan up by 49 percent in 2012

The United States imports from Pakistan surged by 49 percent in 2012 under the Generalised System of Preferences (GSP) programme, which offers duty-free market access to the United States, reaching $195 million. "This represents one of the largest increas
Published 18 Apr, 2013 12:00am
Pakistani banker accused of making false statements

Pakistani banker accused of making false statements

London-based Pakistani banker Sadeq Sayeed has been accused by Italian banking regulators of causing obstruction and making false statements, it has been reported by the global press. Sayeed was made head of European operations by the Japanese Investment
Published 18 Apr, 2013 12:00am
Pakistani banker accused of making false statements

Pakistani banker accused of making false statements

London-based Pakistani banker Sadeq Sayeed has been accused by Italian banking regulators of causing obstruction and making false statements, it has been reported by the global press. Sayeed was made head of European operations by the Japanese Investment
Published 18 Apr, 2013 12:00am
Pakistani banker accused of making false statements

Pakistani banker accused of making false statements

London-based Pakistani banker Sadeq Sayeed has been accused by Italian banking regulators of causing obstruction and making false statements, it has been reported by the global press. Sayeed was made head of European operations by the Japanese Investment
Published 18 Apr, 2013 12:00am
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