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Print - 2013-05-16
Makhdoom Shahabuddin resigns

Makhdoom Shahabuddin resigns

Makhdoom Shahabuddin, former federal minister has resigned from the Presidentship of PPP Southern Punjab on Wednesday following the personal reason. However, he would serve as a member of the party. Earlier, former Prime Minister Syed Yousuf Raza Gilani h
Published 16 May, 2013 12:00am
Nowshera NA, PA seats: parties demand re-polling

Nowshera NA, PA seats: parties demand re-polling

Except the triumphant Pakistan Tehrik-e-Insaf (PTI) the candidates of all other political parties on Wednesday formed grand alliance for waging protest movement against massive rigging in the election of both National and all six provincial assembly const
Published 16 May, 2013 12:00am
Re-election on NA-36 Mohmand Agency demanded

Re-election on NA-36 Mohmand Agency demanded

A group of candidates contested elections under the banner of different political parties and independent candidates from NA-36 Mohmand Agency have rejected the polls results, demanding a fresh election under the supervision of Pak-Army.
Published 16 May, 2013 12:00am
Sherazi group joins PML-N in Sindh

Sherazi group joins PML-N in Sindh

In a bid to woo independent candidates in Sindh, a delegation of PML-N met anti-PPP Sherazi brothers of Thatta and invited them to join the party. Sources said that Pakistan Muslim League-Nawaz leaders Jaffar Iqbal Gujjar and Rana Mashood contacted Shafqa
Published 16 May, 2013 12:00am
Re-polling on NA-40 seat demanded

Re-polling on NA-40 seat demanded

Rejecting the polls results on NA-40 in North Waziristan Agency(NWA), Naek Amal Khan, who had contested elections on ticket of PML-N, demanded of the re-polling under supervision of impartial administration and Pak-Army. Speaking at a press conference her
Published 16 May, 2013 12:00am
ECP urged to declare NA-39 results null & void

ECP urged to declare NA-39 results null & void

An independent candidate from NA-39 Orakzai Agency, Abbas Raza demanded the Election Commission of Pakistan to declare the election results null and void in this constituency after allegedly polls rigging and to take stern action against involved people i
Published 16 May, 2013 12:00am
High turnout is courageous sign: German foreign minister

High turnout is courageous sign: German foreign minister

German Federal Foreign Minister Westerwelle lauded the high turnout for the elections in Pakistan describing it a clear and courageous sign for democracy and against terrorism. In a state Westerwellee said the people of Pakistan have not allowed themselve
Published 16 May, 2013 12:00am
NA-40 and NA-47: JUI-F seeks re-polling

NA-40 and NA-47: JUI-F seeks re-polling

Jamiat Ulema-e-Islam (Fazl) has demanded re-polling on NA-40 and NA-47 constituencies in Khyber Pakhtunkhwa. The demand was made by JUI-F senior naib ameer Attaur Rahman while speaking to media persons here on Wednesday. Alleging massive rigging Rahman as
Published 16 May, 2013 12:00am
Balochistan PML-N initiates talks

Balochistan PML-N initiates talks

After emerging as the largest political party in May 11 elections, Pakistan Muslim League-Nawaz has started contacting other political parties and independent candidates to form government in Balochistan. Independent candidates and foreign envoys are also
Published 16 May, 2013 12:00am
HP sets new performance with Poulson SD2 in core banking

HP sets new performance with Poulson SD2 in core banking

HP China team recently conducted a benchmark with Poulson SD2 for one of the key FSI customers, in collaboration with regional and WW resources. The benchmark was conducted with the customer's full solution stack (database, application & workload generato
Published 16 May, 2013 12:00am
NH&MP, Nadra sign agreement to launch E-driving system

NH&MP, Nadra sign agreement to launch E-driving system

The National Highways and Motorway Police (NH&MP) and National Database Registration Authority (Nadra) signed an agreement to launch an E-driving system. The agreement was signed by Inspector General NH&MP Zafar Abbas Lak and Chairman Nadra Tariq Malik du
Published 16 May, 2013 12:00am
PBC proposes national agenda for economic revival

PBC proposes national agenda for economic revival

Pakistan Business Council (PBC) has proposed National Economic Agenda (NEA) for revival of the economy to increase the production level and raise the living standard of all citizens.
Published 16 May, 2013 12:00am
Passenger care: Supreme Court seeks report from CAA

Passenger care: Supreme Court seeks report from CAA

The Supreme Court on Wednesday sought a comprehensive report and a copy of SOPs from Civil Aviation Authority (CAA) to evaluate measures taken to ensure dignity and respect of international and local passengers upon their arrival at and departure from twe
Published 16 May, 2013 12:00am
Nymgo sees growth opportunity in Global VoIP market

Nymgo sees growth opportunity in Global VoIP market

Founded by Lebanese serial entrepreneur Omar Onsi in 2008, Nymgo is a leading voice service provider that offers users lowest-cost/high-quality international VoIP calling to mobile and landlines. VoIP itself is a market estimated to be worth $90 billion a
Published 16 May, 2013 12:00am
Justice Richard White calls on CJP

Justice Richard White calls on CJP

Justice Richard White, Judge, Supreme Court of New South Wales, Australia accompanied by Deputy High Commissioner of Australia called on Chief Justice of Pakistan Justice Iftikhar Muhammad Chaudhry in Supreme Court here. At the outset of the meeting, CJP
Published 16 May, 2013 12:00am
SAI officials congratulate PML-N leaders

SAI officials congratulate PML-N leaders

Naseem Anwar, Senior Vice Chairman; Dr Qazi Ahmed Kamal, Vice Chairman and the Members Executive Committee of SITE Association of Industry (SAI) have congratulated the leaders of PML-N on the getting majority of National Assembly seats in the General Elec
Published 16 May, 2013 12:00am
Khyber Pakhtunkhwa chief minister commends his cabinet's efforts

Khyber Pakhtunkhwa chief minister commends his cabinet's efforts

Khyber Pakhtunkhwa Caretaker Chief Minister former Justice Tariq Pervez Khan has said that holding of the general elections in a free, fair, transparent and peaceful manner was possible because of the sincere efforts of the provincial caretaker cabinet, t
Published 16 May, 2013 12:00am
Goods train engine derails

Goods train engine derails

Railway traffic was suspended when the engine of a Karachi bound goods train derailed late Tuesday night near Bandhi station some 45 kilometers off here. As a result both up and down track remained block for some time. The up Khyber Mail was detained at D
Published 16 May, 2013 12:00am
Olson praises US, Pakistan artists' work

Olson praises US, Pakistan artists' work

US Ambassador Richard Olson praised the collaborative work of US and Pakistani artists at the opening of an exhibition here on Wednesday. The exhibition, entitled, What Remain are Children's Lullabies, features the artwork of two US and four Pakistani art
Published 16 May, 2013 12:00am
'Youth can take country to new era of progress'

'Youth can take country to new era of progress'

Pakistan's half of the population consists of youth which can move the country to the new era of progress by equipping them with state-of-the-art knowledge to cope with the challenges of modern world, said Government College University Faisalabad Vice Cha
Published 16 May, 2013 12:00am
Tusdec enters into major contract with EU

Tusdec enters into major contract with EU

Technology Upgradation and Skill Development Company (Tusdec) entered into a contract worth 3.8 million Euros with the European Union to impart training to 12,000 men and women from the vulnerable communities of KP and Fata region. Tusdec Chief Executive
Published 16 May, 2013 12:00am
PTI's anti-rigging protest enters fourth day

PTI's anti-rigging protest enters fourth day

Pakistan Tehrik-e-Insaf's protest sit-in against alleged rigging in general elections in Lahore entered fourth day on Wednesday. Dozens of PTI workers have camping out at Lalik Chowk in Defence area since May 12 in protest against rigging in NA-122 to NA-
Published 16 May, 2013 12:00am
Chinese envoy calls on Nawaz

Chinese envoy calls on Nawaz

The Chinese Ambassador to Pakistan Liu Jian called on Prime Minister-in-waiting Nawaz Sharif at his Raiwind residence on Wednesday to deliver a written message of congratulations and good wishes from the leadership of his country to the PML-N head on his
Published 16 May, 2013 12:00am
Resolution of economic crisis top priority of new government: Shahbaz

Resolution of economic crisis top priority of new government: Shahbaz

The top most priority of the new elected government would be to overcome economic crisis posed to the country, PML-N senior leader and former Punjab Chief Minister Shahbaz Sharif said. While addressing the newly elected independent MNAs-MPAs-elect and the
Published 16 May, 2013 12:00am
Education key to development of any nation: Sethi

Education key to development of any nation: Sethi

Caretaker Chief Minister, Najam Sethi has said that Punjab Education Foundation (PEF) is playing an important role in equipping the children of poor families with education. He said, no doubt, education is the path to development of any nation and the cou
Published 16 May, 2013 12:00am
US keen to strengthen economic ties: diplomat

US keen to strengthen economic ties: diplomat

US Economic Officer Doreen Bailey has said that the United States is keen to strengthen trade and economic relations with Pakistan in all sectors of the economy and to achieve the goal it is taking all possible measures. She was talking to the LCCI Presid
Published 16 May, 2013 12:00am
PPP to remove people's grievances through good governance: Babar

PPP to remove people's grievances through good governance: Babar

Pakistan People's Party (PPP) will try to remove people's grievances in Sindh through good governance and play an active opposition role in the Centre to meet the expectations of the people. President's Spokesman Senator Farhatullah Babar while exclusivel
Published 16 May, 2013 12:00am
GCUL to hold career fair today

GCUL to hold career fair today

The Government College University Lahore (GCUL) Career Guidance and Placement Center (GCU CGPC) is going to hold one of its biggest career fair for the university students and Old Ravians on Thursday (today) on the university campus. The career fair would
Published 16 May, 2013 12:00am
Power situation improves in Punjab during evening hours

Power situation improves in Punjab during evening hours

Power situation has improved in the city, especially during the evening hours when duration of load shedding has decreased soon after the Election Day. Also, the textile industry sources said energy supply, including electricity and gas, was up to the mar
Published 16 May, 2013 12:00am
Chinese team visit: minister directs foolproof security

Chinese team visit: minister directs foolproof security

Federal Minister for Interior, Malik Mohammad Habib Khan chaired a high level meeting here on Wednesday to review security arrangements for the upcoming visit of high powered Chinese delegation to Pakistan. Federal Minister for Interior directed that fool
Published 16 May, 2013 12:00am
May collection: revenue monitoring meeting on May 18

May collection: revenue monitoring meeting on May 18

The Federal Board of Revenue has intensified its efforts to improve revenue collection in May 2013 and called a revenue monitoring meeting on May 18 to check revenue estimates of field formations for the current month. Sources told Business Recorder </
Published 16 May, 2013 12:00am
Judges' detention case: hearing adjourned to 18

Judges' detention case: hearing adjourned to 18

The Anti-Terrorism Court (ATC) on Wednesday adjourned the hearing of judges' detention case against former president and army chief Pervez Musharraf till May 18 after the public prosecutor extended an excuse that he was unable to our sue the case. The ATC
Published 16 May, 2013 12:00am
Paul Bhatti to speak at Vatican gathering

Paul Bhatti to speak at Vatican gathering

Pakistani religious freedom advocate Paul Bhatti, the brother of assassinated minister Shahbaz Bhatti, will speak in front of Pope Francis and some 120,000 members of new Catholic religious movements on Saturday, the Vatican said. The international gather
Published 16 May, 2013 12:00am
Temperature rises to 40C across Sindh

Temperature rises to 40C across Sindh

Severe heat wave accompanied by load shedding has gripped several cities of interior Sindh, including Larkana, Hyderabad and Sukkur, and the temperature has gone up to 40 degrees centigrade in the cities of the province. Other areas of the province that s
Published 16 May, 2013 12:00am
ASWJ activist among two killed in city

ASWJ activist among two killed in city

At least two people including local leader of ASWJ were killed in separate incidents of violence in city on Wednesday, police and rescue sources said. A worker of Ahle-Sunnat Wal Jamaat (ASWJ) was gunned down by unidentified armed men near Usman Ghani Mas
Published 16 May, 2013 12:00am
BISE Hyderabad HSC exams from today

BISE Hyderabad HSC exams from today

The Controller of Examinations, Board of Intermediate & Secondary Education Hyderabad informed that the Higher Secondary Certificate Part-I & II (Class-XI & XII) Annual Examination 2013 will be commenced from May 16, 2013, under the jurisdiction of BISE H
Published 16 May, 2013 12:00am
Hair care brand launched

Hair care brand launched

Sexy Hair, an professional hair care brand was launched under the umbrella of Hyeworth Renault Petersen Pakistan Pvt Limited. The event took place at Avari Towers, Karachi, was a exciting event with a hair show put up by the Sexy Hair international team w
Published 16 May, 2013 12:00am
UBL Funds launches Wealth Builder Plan

UBL Funds launches Wealth Builder Plan

UBL Funds, under its smart investment plans, has launched the UBL Wealth Builder Plan. The Wealth Builder is designed keeping in mind the need of investors for a lump sum and/or regular contribution plan that builds over time and is ideal for those who ar
Published 16 May, 2013 12:00am
UBL Funds launches Wealth Builder Plan

UBL Funds launches Wealth Builder Plan

UBL Funds, under its smart investment plans, has launched the UBL Wealth Builder Plan. The Wealth Builder is designed keeping in mind the need of investors for a lump sum and/or regular contribution plan that builds over time and is ideal for those who ar
Published 16 May, 2013 12:00am
Rabbani spells out reasons behind major setback

Rabbani spells out reasons behind major setback

Central leader of Pakistan People's Party Parliamentarians (PPPP) Senator Raza Rabbani on Wednesday said international establishment, strategic situation of the country and personal slackness of elected party members were main causes of PPP's defeat in ge
Published 16 May, 2013 12:00am
Two killed in Shangla clash

Two killed in Shangla clash

Two persons were killed and six others injured in an armed clash between two rival political groups here in Chatkol area on Wednesday. The police said the reason behind the armed clash could not be ascertained. The dead and the injured were shifted to hos
Published 16 May, 2013 12:00am
Karachi police arrest 61 'criminals' in two days

Karachi police arrest 61 'criminals' in two days

Karachi police on Wednesday claimed to have arrested 61 alleged criminals, including six absconder and 13 hardened accused in 111 different raids against criminal elements and recovered 29 different types of weapons in last two days. East, West and South
Published 16 May, 2013 12:00am
Sarfaraz Shah killing: Brother pardons Rangers

Sarfaraz Shah killing: Brother pardons Rangers

In a surprise decision, brother of Sarfaraz Shah, who was killed by Rangers personnel about two years back, has pardoned all the culprits 'for Allah.' A youth Sarfaraz Shah was killed by the Rangers officials in Clifton and whole the episode was recorded
Published 16 May, 2013 12:00am
Rigging complaints: APC to observe 'black day' on Friday

Rigging complaints: APC to observe 'black day' on Friday

An All Parties Conference (APC) on Wednesday gave a call for observing black day on Friday against the alleged large-scale rigging in May 11 general elections in Karachi. Scores of political and religious parties also announced to stage a sit-in on the sa
Published 16 May, 2013 12:00am
Qatar exhibition: Pakistani Pavilion attracts buyers

Qatar exhibition: Pakistani Pavilion attracts buyers

It was a wise decision taken by the Trade Development Authority of Pakistan (TDAP) to put up a Pakistani pavilion in the Project Qatar exhibition which concluded in Doha on May 9, 13 stalls in the Pakistani pavilion displayed the country's potential for t
Published 16 May, 2013 12:00am
Seven arrested for rigging

Seven arrested for rigging

Judicial Magistrate (South) Waqar Ahmed Soomro announced on Wednesday the arrest of seven men allegedly involved in vote-rigging at polling stations in the DHA area. According to Sub Inspector Rasheed of Darakhshan police station the seven men were caught
Published 16 May, 2013 12:00am
Abraaj chief receives 'Oslo Business for Peace Award'

Abraaj chief receives 'Oslo Business for Peace Award'

Arif Naqvi, Founder and Group Chief Executive of The Abraaj Group, has received the 2013 Oslo Business for Peace Award at a ceremony in the Oslo City Hall, Norway. Naqvi is the first Pakistani national and the first Chief Executive from the global private
Published 16 May, 2013 12:00am
PHMA highlights issues, makes proposals

PHMA highlights issues, makes proposals

Value-added textile sector sets forth its first proposals to the elected government, mainly highlighting perennial problems of power, gas and cotton yarn facing the manufacturing units. Central Chairman of Pakistan Hosiery Manufacturers and Exporters Asso
Published 16 May, 2013 12:00am
Militancy in Balochistan will now subside: Barozai

Militancy in Balochistan will now subside: Barozai

Militancy in Balochistan will subside as a result of the general elections and continuation of the democratic process, Caretaker Chief Minister Nawab Ghous Bakhsh Barozai said on Wednesday. In an exclusive interview with Business Recorder, Nawab Ba
Published 16 May, 2013 12:00am
PML-N supports PML-F's strike

PML-N supports PML-F's strike

Provincial President Pakistan Muslim League-Nawaz (PML-N), Syed Ghous Ali Shah on Wednesday announced to support Sindh-wide strike announced by Muslim League-Functional (PML-F) on May 16. Syed Ghous Ali Shah, who is also former chief minister Sindh, was a
Published 16 May, 2013 12:00am
Sethi reviews Punjab Skills Development Fund programme

Sethi reviews Punjab Skills Development Fund programme

Punjab Chief Minister, Najam Sethi has said that the skilled manpower plays an important role in the development of the country. He said that the destiny of the country and the nation could be changed by equipping the youth with technical education. He sa
Published 16 May, 2013 12:00am
Rafhan Maize Products Company Limited

Rafhan Maize Products Company Limited

Rafhan Maize is the leading manufacturer of refined corn and its derivate industrial ingredients in the country and is a subsidiary of Ingredion Incorporated. The firm has an extensive and diversified product portfolio which includes industrial starches,
Published 16 May, 2013 12:00am
Rafhan Maize Products Company Limited

Rafhan Maize Products Company Limited

Rafhan Maize is the leading manufacturer of refined corn and its derivate industrial ingredients in the country and is a subsidiary of Ingredion Incorporated. The firm has an extensive and diversified product portfolio which includes industrial starches,
Published 16 May, 2013 12:00am
Majority spends 70 percent of income on food

Majority spends 70 percent of income on food

Majority of Pakistanis are spending 70 percent of its income on food and health bills leaving only 30 percent for education, clothing and other necessities of life causing unrest and stress in the people. Agri Forum Pakistan (AFP) Chairman Dr Ibrahim Mugh
Published 16 May, 2013 12:00am
MFN status to India: Commerce ministry told to submit summary

MFN status to India: Commerce ministry told to submit summary

The Commerce Ministry has reportedly been directed by the presumptive government of Pakistan Muslim League-Nawaz to submit a summary on trade liberalisation with India commonly known as Most Favoured Nation (MFN) status in the first cabinet meeting, sourc
Published 16 May, 2013 12:00am
Power sector sanctioned 75 MMCFD KP gas

Power sector sanctioned 75 MMCFD KP gas

The government has dedicated 75 Million Cubic Feet daily (MMCFD) gas to power sector from already discovered gas reservoirs in Khyber Pakhtunkhwa (KP) by settling local issues and connecting it with main pipeline on emergency basis, it is learnt. Accordin
Published 16 May, 2013 12:00am
Students seek to review loadshedding schedule

Students seek to review loadshedding schedule

Students and parents appealed the authority to review current load shedding schedule with a view to facilitate them prepare for intermediate part-II examinations scheduled to begin from May 18. Students, including Muhammad Ali, Ali Haidar, Sana, Zara Hass
Published 16 May, 2013 12:00am
Several SC rulings in conflict with Constitution: AG

Several SC rulings in conflict with Constitution: AG

Attorney-General Irfan Qadir on Wednesday told media persons that he did not believe in quitting the post by resigning in his personal capacity without the consent of the appointing authority, the President of Pakistan. Talking to journalists in his offic
Published 16 May, 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 May 15, 2013. Bids were opened at 12:00 hours on May 15, 2013 which was received
Published 16 May, 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 May 15, 2013. Bids were opened at 12:00 hours on May 15, 2013 which was received
Published 16 May, 2013 12:00am
Fresh polling in Karachi, Hyderabad inevitable: JI

Fresh polling in Karachi, Hyderabad inevitable: JI

Secretary General Jamaat-i-Islami Liaqat Baloch has said that transparent and impartial re-polling was inevitable in Karachi and Hyderabad for a strong and stable democratic order in the country.
Published 16 May, 2013 12:00am
FBR agrees to review sales tax on smartphones

FBR agrees to review sales tax on smartphones

The Federal Board of Revenue (FBR) is learnt to have agreed to a proposal of mobile phone importers to review sales tax of Rs 1000 on all new sets of smart cellular phone or satellite phone. Sources told Business Recorder here on Wednesday that rep
Published 16 May, 2013 12:00am
PML-N government will steer economy out of troubles: FCCI

PML-N government will steer economy out of troubles: FCCI

With the people's full mandate, PML-N government will confidently steer the economy out of troubles, overcome the energy crisis by taking bold decisions in the larger interest of Pakistan's economic sovereignty, said President Faisalabad Chamber of Commer
Published 16 May, 2013 12:00am
Fake academic certificates: LHC orders proper inquiry

Fake academic certificates: LHC orders proper inquiry

The Lahore High Court has directed Secretary Health Punjab to conduct a proper inquiry into allegations of fake academic certificates against the petitioners' employees of Lahore General Hospital. Petitioners Sarfraz Ahmad and others stated that they were
Published 16 May, 2013 12:00am
Mumtaz warns Sharif against deviating from merger pact

Mumtaz warns Sharif against deviating from merger pact

Mumtaz Ali Bhutto on Wednesday warned PML-N president Nawaz Sharif on Wednesday that if he (Nawaz) did not honour the agreement he signed at the time of Sindh National Front's (SNF) merger, he (Mumtaz Bhutto) would be forced to rethink new strategy regard
Published 16 May, 2013 12:00am
PTCL launches entertainment portal 'MyTv.com.pk'

PTCL launches entertainment portal 'MyTv.com.pk'

Pakistan Telecommunication Company Limited (PTCL) has launched a revamped entertainment portal, MyTv.com.pk, providing a wide collection of entertainment and infotainment content including Pakistani Drama Serials as well as high demand licensed internatio
Published 16 May, 2013 12:00am
Energy conservation: the only option

Energy conservation: the only option

Your editorial "Ban on use of air conditioners" on May 12, is untimely and to call PM's action "inane" is really not fair! How can you say that banning general use of air conditioners in government offices will not reduce the demand for electricity?
Published 16 May, 2013 12:00am
Eurozone faces another year of contraction after first quarter slump

Eurozone faces another year of contraction after first quarter slump

The eurozone is being described as the weakest link in the global economy, with the 17-member currency bloc facing up to another year of contraction. While economists believe growth in the world's two leading economies - the United States and China - will
Published 16 May, 2013 12:00am
New 'rebellion' seeks to oust Egypt's Morsi

New 'rebellion' seeks to oust Egypt's Morsi

Activists in Egypt have launched a new "rebellion" - this time against President Mohammed Morsi - and they are collecting signatures demanding his ouster rather than taking to the streets. The campaign, called Tamarod (rebellion in Arabic), has received m
Published 16 May, 2013 12:00am
VIEWPOINT: Life after elections

VIEWPOINT: Life after elections

Casting their votes in unprecedented numbers in the face of a clear and present threat of violence, the people have demonstrated unstinted enthusiasm for democracy. They have delivered a clear mandate to a single party, proving pundits wrong who opined th
Published 16 May, 2013 12:00am
Post-polls scenario

Post-polls scenario

The post-polls scenario appears to be shorn mercifully of the terror attacks that had become the hallmark of the run-up to the May 11 general election that was a virtual trek through the river of blood. A determined enemy was out to subvert the national w
Published 16 May, 2013 12:00am
Government has no business dabbling in business

Government has no business dabbling in business

It is an unwritten convention that in case two laws militate against each other, the one legislated later will have a clear precedence over the other. This approach based on established precedents and traditions is globally acknowledged. The caretaker Pri
Published 16 May, 2013 12:00am
The Weather

The Weather

The weather report on Wednesday (May 15, 2013) and the forecast for Thursday (May 16, 2013).

Published 16 May, 2013 12:00am
Arctic Council admits China, six others as observers

Arctic Council admits China, six others as observers

The Arctic Council, at a meeting Wednesday in northern Sweden, granted permanent observer status to China and six others, in a powerful signal of the polar region's growing international importance. Foreign ministers of the eight-member council, including
Published 16 May, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (May 15, 2013).

Published 16 May, 2013 12:00am
Arctic Council admits China, six others as observers

Arctic Council admits China, six others as observers

The Arctic Council, at a meeting Wednesday in northern Sweden, granted permanent observer status to China and six others, in a powerful signal of the polar region's growing international importance. Foreign ministers of the eight-member council, including
Published 16 May, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (May 15, 2013).

Published 16 May, 2013 12:00am
IIMF SBA: repayment of 14th instalment due on May 24

IIMF SBA: repayment of 14th instalment due on May 24

Repayment of 14th instalment of Stand-By Arrangement (SBA) to International Monetary Fund (IMF) worth some $390 million by Pakistan is due in the last week of this month. Sources in Ministry of Finance told Business Recorder on Wednesday that despi
Published 16 May, 2013 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 16 May, 2013 12:00am
IIMF SBA: repayment of 14th instalment due on May 24

IIMF SBA: repayment of 14th instalment due on May 24

Repayment of 14th instalment of Stand-By Arrangement (SBA) to International Monetary Fund (IMF) worth some $390 million by Pakistan is due in the last week of this month. Sources in Ministry of Finance told Business Recorder on Wednesday that despi
Published 16 May, 2013 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 16 May, 2013 12:00am
IIMF SBA: repayment of 14th instalment due on May 24

IIMF SBA: repayment of 14th instalment due on May 24

Repayment of 14th instalment of Stand-By Arrangement (SBA) to International Monetary Fund (IMF) worth some $390 million by Pakistan is due in the last week of this month. Sources in Ministry of Finance told Business Recorder on Wednesday that despi
Published 16 May, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (May 15, 2013).

Published 16 May, 2013 12:00am
Fatah, Hamas agree to form Palestinian unity government

Fatah, Hamas agree to form Palestinian unity government

Rival Palestinian factions Fatah and Hamas have set a three-month timetable to form a unity government and organise elections, officials from both sides said on Wednesday. The agreement came during a meeting late Tuesday between Fatah's official in charge
Published 16 May, 2013 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (May 15, 2013) and for Thursday (May 16, 2013).
Published 16 May, 2013 12:00am
Fatah, Hamas agree to form Palestinian unity government

Fatah, Hamas agree to form Palestinian unity government

Rival Palestinian factions Fatah and Hamas have set a three-month timetable to form a unity government and organise elections, officials from both sides said on Wednesday. The agreement came during a meeting late Tuesday between Fatah's official in charge
Published 16 May, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (May 15, 2013).

Published 16 May, 2013 12:00am
Date for filing ST returns extended

Date for filing ST returns extended

The Federal Board of Revenue (FBR) has extended the last date for filing of sales tax and federal excise return for tax period of April up to May 20. In this regard, the FBR has issued instructions to the field formations here on Wednesday. According to s
Published 16 May, 2013 12:00am
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