Prime Minister Nawaz Sharif has announced a reduction of Rs 9.43 per litre in the price of petrol following a reduction in the international price of petroleum products and constituted a committee to ascertain whether Rs 65 billion reduction in circular d
Prime Minister Nawaz Sharif has announced a reduction of Rs 9.43 per litre in the price of petrol following a reduction in the international price of petroleum products and constituted a committee to ascertain whether Rs 65 billion reduction in circular d
Prime Minister Nawaz Sharif has announced a reduction of Rs 9.43 per litre in the price of petrol following a reduction in the international price of petroleum products and constituted a committee to ascertain whether Rs 65 billion reduction in circular d
China on Friday hailed an international conference on Afghanistan that it said agreed to launch dozens of programmes to boost development and help the country maintain peace as foreign forces draw down. Chinese foreign minister Wang Yi said that under a "
China on Friday hailed an international conference on Afghanistan that it said agreed to launch dozens of programmes to boost development and help the country maintain peace as foreign forces draw down. Chinese foreign minister Wang Yi said that under a "
China on Friday hailed an international conference on Afghanistan that it said agreed to launch dozens of programmes to boost development and help the country maintain peace as foreign forces draw down. Chinese foreign minister Wang Yi said that under a "
Six companies have submitted their Expressions of Interest (EoIs) against imported coal-based IPPs of cumulative capacity of 6600 MW to be set up at the Gadani Power Park, (Balochistan). The EoI opening ceremony was held here yesterday at Private Power &
Six companies have submitted their Expressions of Interest (EoIs) against imported coal-based IPPs of cumulative capacity of 6600 MW to be set up at the Gadani Power Park, (Balochistan). The EoI opening ceremony was held here yesterday at Private Power &
Six companies have submitted their Expressions of Interest (EoIs) against imported coal-based IPPs of cumulative capacity of 6600 MW to be set up at the Gadani Power Park, (Balochistan). The EoI opening ceremony was held here yesterday at Private Power &
Auditor General of Pakistan (AGP) has detected 289 cases of financial indiscipline, embezzlement, miscalculation, weak internal control system and overpayment amounting to Rs 947.5 billion in Water and Power Development Authority (Wapda) which deals with
Auditor General of Pakistan (AGP) has detected 289 cases of financial indiscipline, embezzlement, miscalculation, weak internal control system and overpayment amounting to Rs 947.5 billion in Water and Power Development Authority (Wapda) which deals with
Auditor General of Pakistan (AGP) has detected 289 cases of financial indiscipline, embezzlement, miscalculation, weak internal control system and overpayment amounting to Rs 947.5 billion in Water and Power Development Authority (Wapda) which deals with
The Auditor General of Pakistan (AGP) has confirmed that National Savings Schemes missed the investment target by fetching Rs 1024.25 billion against the target of Rs 1025.19 billion during the financial year 2012-13. The Central Directorate of National S
The Auditor General of Pakistan (AGP) has confirmed that National Savings Schemes missed the investment target by fetching Rs 1024.25 billion against the target of Rs 1025.19 billion during the financial year 2012-13. The Central Directorate of National S
The Auditor General of Pakistan (AGP) has confirmed that National Savings Schemes missed the investment target by fetching Rs 1024.25 billion against the target of Rs 1025.19 billion during the financial year 2012-13. The Central Directorate of National S
The Auditor General of Pakistan (AGP) has confirmed that National Savings Schemes missed the investment target by fetching Rs 1024.25 billion against the target of Rs 1025.19 billion during the financial year 2012-13. The Central Directorate of National S
The Auditor General of Pakistan (AGP) has confirmed that National Savings Schemes missed the investment target by fetching Rs 1024.25 billion against the target of Rs 1025.19 billion during the financial year 2012-13. The Central Directorate of National S
The State Bank of Pakistan earned a profit of Rs 268.634 billion, up by 14 percent, for the financial year ended June 30, 2014 (FY14), compared to Rs 235.892 billion in the preceding year (FY13). According to SBP Annual Performance Review for the year 201
The State Bank of Pakistan earned a profit of Rs 268.634 billion, up by 14 percent, for the financial year ended June 30, 2014 (FY14), compared to Rs 235.892 billion in the preceding year (FY13). According to SBP Annual Performance Review for the year 201
The State Bank of Pakistan earned a profit of Rs 268.634 billion, up by 14 percent, for the financial year ended June 30, 2014 (FY14), compared to Rs 235.892 billion in the preceding year (FY13). According to SBP Annual Performance Review for the year 201
The State Bank of Pakistan earned a profit of Rs 268.634 billion, up by 14 percent, for the financial year ended June 30, 2014 (FY14), compared to Rs 235.892 billion in the preceding year (FY13). According to SBP Annual Performance Review for the year 201
In pursuance of International Monetary Fund''''s (IMF) recommendations, State Bank of Pakistan (SBP) has adopted International Financial Reporting Standards (IFRS) as its financial reporting framework. The Central Board of Directors of the SBP in its meet
In pursuance of International Monetary Fund''s (IMF) recommendations, State Bank of Pakistan (SBP) has adopted International Financial Reporting Standards (IFRS) as its financial reporting framework. The Central Board of Directors of the SBP in its meetin
In pursuance of International Monetary Fund's (IMF) recommendations, State Bank of Pakistan (SBP) has adopted International Financial Reporting Standards (IFRS) as its financial reporting framework. The Central Board of Directors of the SBP in its meeting
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
In pursuance of International Monetary Fund's (IMF) recommendations, State Bank of Pakistan (SBP) has adopted International Financial Reporting Standards (IFRS) as its financial reporting framework. The Central Board of Directors of the SBP in its meeting
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
Marvel unveiled plans Tuesday for a slate of new superhero films, expanding its already wildly successful comic book universe - and breaking ground with its first solo black and female hero movies. In a surprise announcement, the studio revealed there wil
Bridge offers several choices to choose your best line in dummy play. This requires good judgment, comprehension of opponents' possible distribution and high card points as well as the alertness to the inferences gathered from the bidding. Today's illustr
There's a new demon in town, and she's hiding among the toys. "Annabelle, kicks off October's Halloween offerings at the box office with the origin story of a porcelain doll that masks a sinister secret, a spin-off from last year's Warner Bros. horror hit
The storm over Renee Zellweger's new-look face has thrown the spotlight on one of Hollywood's eternal questions: how do you grow old in Tinseltown? The "Bridget Jones" star, who won a best supporting actress Oscar in 2004 for "Cold Mountain," appeared unr
Brad Pitt's new war movie "Fury" offers a no-holds-barred view of warfare which some may find hard to stomach - but its director justifies the gore as straightforward realism. A stuntman was injured by a bayonet during the making of the film, which includ
How tall or short a person becomes is estimated to be 80 percent genetic, with nutrition and other environmental factors accounting for the rest. The world's people on average have become taller over the past few generations because of factors including i
Growing up in California in the 1950s, Merilyn Phillips Hodgson lived in awe of her big brother, a strapping young American adventurer on the trail of the biblical Queen of Sheba. Wendell Phillips was still in his mid-20s when he spearheaded his own exped
In the 1980s, French sociologist Michel Maffesoli coined the term "urban tribes" to describe small groups of people defined by shared interests and lifestyle preferences around which modern societies are organised. His book "Le temps des tribus" ("The Tim
Jumpsuits for adults have become a popular form of street fashion, but now a US company is planning to take the onesie to the office. The business onesie looks like a suit, including a shirt, but is actually a one-piece with a single zip. Known as the Sui
Grinning with pride, a Chinese farmer held out two precious walnuts - globes so precisely symmetrical that consumers in search of hand massages value them more highly than gold. "Prices have skyrocketed," said Li Zhanhua, standing in the shade of the leaf
A Dutch-based student on Tuesday unveiled a prototype of an "ambulance drone", a flying defibrillator able to reach heart attack victims within precious life-saving minutes. Developed by Belgian engineering graduate Alec Momont, it can fly at speeds of up
Bioactive ingredients found in cocoa sharply reversed age-related memory decline in a group of volunteers, scientists reported. The compounds, called flavanols, were taken in a specially-prepared cocoa drink, according to an experiment published by the jo
"Miss! We made it breathe out fire!" exclaimed 10-year-old Joe, pointing at the laptop on his desk, where he has programmed his animated dragon to belch flames into the face of the Greek hero Heracles. Gasps of excitement ripple across the classroom, as t
Calligraphy is an ancient type of visual art while it is our religious as well as cultural heritage. In the sub-continent history there were many known calligraphers who worked with heart and soul in this art and helped in spreading it in the region, Usta
A group of young Pakistani girls sit on a carpeted floor listening as their teacher writes on a whiteboard, preparing his students for the rigours of climbing some of the world's highest peaks. This is Shimshal Mountaineering School, tucked away in a remo
Recently, a Karachi Press Club staffer had his entire set of 32 teeth removed all at once. He said, only one tooth was troubling him but he decided to get rid of the whole lot. Why? His theory was on the lines of "One rotten apple spoils the lot".
Haleem is a popular and nourishing dish of South East Asia, Central Asia, and Middle East. It is specially made during the holy month of Muharram as a "Niaz." the "niaz" of haleem is then distributed among poor, relatives, and neighbours.
Pakistan is a land of amazing beauty. The geographical variety bestowed on our land has gifted us with the world's loftiest mountains, largest glaciers, placid lakes and sun kissed deserts. However most of it was in the far frontier and inaccessible due t
Pakistan Army Engineers in 1959 were assigned the challenge of constructing a 291 Km road connecting Swat with Chilas along River Indus, called the Indus Valley Road (IVR) which was completed in 1965. During 1966, the Government decided to raise the statu
The devastating earthquake led to a massive devastation in Azad Kashmir & Khyber Pakhtunkhwa. The roads leading to the affected areas were either washed away or were completely blocked due to heavy landslides. Two Engineer Groups of FWO were immediately m
Post disaster management is always a huge challenge. Disasters like earthquakes, floods, landslides or even in case of road accidents, strike with little or no warning. This specially is true for under developed and developing nations, where adequate warn
Indian soyabean futures ended steady on Thursday after hitting a two-month high as profit-taking offset an improvement in export demand for soyameal, while soyaoil eased on higher imports of edible oils. Surge in overseas soyameal prices also supported so
The value of coffee sold at Kenya's auction climbed 37 percent to $174.1 million in the year to September, helped by higher global prices and better quality crops, the head of the Nairobi Coffee Exchange (NCE) said on Wednesday. The east African nation, w
On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 4.14 billion as compared to PKR 2.69 billion reported on Wednesday, an increase of 54 percent. The number of lots traded also increased by 26 percent to 14,604 from 11,628. PMEX Commo
US FOB Gulf soyabean basis offers were higher on Thursday afternoon as China and domestic processors continue to compete for newly harvested soyabeans from the Midwest, traders said. FOB corn values fell 3 cents to 7 cents even with futures edging lower a
US Midwest soyabean and corn basis bids were steady to firmer in the eastern Corn Belt where rains slowed harvest this week, while bids in the western Midwest were steady to weaker as harvest and farmer sales stepped up, merchants said on Thursday.
Trading in Vietnamese robusta coffee was dull this week as farmers held back on thinning stocks while buyers waited for fresh beans to arrive in bulk next month, traders said on Tuesday. Harvesting of the 2014/2015 season will peak from mid-November while
The Karachi Port handled 128,270 tonnes of cargo comprising 110,621 tonnes of import cargo and 17,649 tonnes of export cargo including 5,359 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 110
Mills and spinners continued buying on expectations of increase in prices in times to come, dealers said on the cotton market on Friday. The official spot rate was unchanged at Rs 5,150, they added. In the ready session, around 30,000 bales of cotton chan
Tea prices in Bangladesh inched lower at the weekly auction on Tuesday due to higher supplies but robust demand for quality leaf capped the slide. Bangladeshi tea fetched an average of 185.70 taka ($2.40) per kg at the auction, down from 186.60 taka at th
Finnish airline Finnair blamed the strength of the euro against Asian currencies for a fall in quarterly net profit and sales, in results on Friday. The company, which turned in a net profit for the third quarter of 17 million euros ($21.4 million), marki
Finnish airline Finnair blamed the strength of the euro against Asian currencies for a fall in quarterly net profit and sales, in results on Friday. The company, which turned in a net profit for the third quarter of 17 million euros ($21.4 million), marki
Russia's central bank on Friday jacked up its interest rates by 1.5 percentage points to 9.5 percent in a bid to shore up its currency, after Western sanctions over Ukraine sent the ruble plunging and halted growth. But the biggest rate hike since March f
France's No 1 bank BNP Paribas returned to net profit in the third quarter, recovering from a costly US legal settlement to publish what it called a "rock solid" balance sheet, sending its shares up over 4 percent. BNP - battling to restore investor and c
France's No 1 bank BNP Paribas returned to net profit in the third quarter, recovering from a costly US legal settlement to publish what it called a "rock solid" balance sheet, sending its shares up over 4 percent. BNP - battling to restore investor and c
Russia could resume natural gas deliveries to Ukraine as soon as next week if Kiev pays $2.2 billion in debt and pre-payments, gas exporter Gazprom said on Friday, under a deal that also safeguards winter deliveries to Europe. Moscow, Kiev and the Europea
Brazil posted its biggest monthly deficit ever in September, underscoring a rapid deterioration of the fiscal accounts that poses the biggest challenge to newly re-elected President Dilma Rousseff's efforts to regain investor trust. For September, the gov
German shoppers cut back their spending sharply in September, official data showed on Friday, adding to concern over whether consumers will help bolster growth in Europe's top economy. Retail sales posted the biggest monthly drop in September for more tha
The Cypriot supreme court ruled as unconstitutional Friday four bills on bank foreclosures whose passage by parliament prompted international lenders to halt payments on the country's 10-billion-euro ($12.7-billion) bailout. The decision should open the w
The Cypriot supreme court ruled as unconstitutional Friday four bills on bank foreclosures whose passage by parliament prompted international lenders to halt payments on the country's 10-billion-euro ($12.7-billion) bailout. The decision should open the w
Italy's unemployment rate rose against analysts' expectations in September, increasing the pressure on Prime Minister Matteo Renzi who is battling trade unions over measures to overhaul the job market. The jobless rate rose from 12.5 percent in August to
Eurozone inflation edged up to 0.4 percent from multi-year lows while unemployment was little changed, official data showed Friday, providing only limited reassurance that a modest economic recovery remains on track. Analysts said the figures were far fro
The Bank of Japan ramped up its vast monetary easing programme Friday - sending the yen plunging and stocks soaring - in a surprise move aimed at reviving growth just as the Federal Reserve winds down its own stimulus spree. Speaking after the central ban
Declines in China's new home prices slowed in October, a survey showed Friday, though figures still fell for a sixth straight month as property woes weigh on growth in the world's second-largest economy. The average price of a new home in 100 major cities
US consumer spending fell for the first time in eight months in September, suggesting the economy lost some momentum heading into the fourth quarter. But rising consumer sentiment and faster wage growth suggest the weakness in spending will be temporary,