State Minister Tariq Fazal Chaudhry on Monday informed a parliamentary panel that three additional hospitals would be constructed in the metropolis to cater needs of patients of twin cities besides upgrading the services of the Poly Clinic Hospital and th

Senator Babar Awan of Pakistan People's Party (PPP) on Monday said that freeing the police from the clutches of politicians, and withdrawing them from the protocol duties of people at helm of affairs, their relatives, and friends are the only solutions to

Senator Ishaq Dar, Federal Minister for Finance, Monday asked for best possible coordination among all the relevant authorities to effectively combat financing of terrorism activities. Dar held a meeting with Ashraf Mehmood Wathra, Governor, State Bank of

Finance Minister Ishaq Dar has stated that census exercise is estimated to cost the country around Rs 14 billion in addition to the support being provided by the development partners. Speaking at international conference on population census, organised by

The Deputy Controller of Examinations Sindh Public Services Commission Hyderabad on Monday announced the results of those candidates who have been declared successful after interviews for appointment to the posts of Medical Officers (Male and Female) BPS-

Chairman Association of Builders and Developers of Pakistan (ABAD) and Vice President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Hanif Gohar expressing concerns over non-extension of powers of Rangers in Sindh has said that the rewar

The Lahore High Court here Monday directed Railways authorities to extend the benefits of up gradation to all the guards of the Railways within three months in line with the practice being adopted in the case of Special Ticket Examiners (STE) already gran

Hyderabad residents have expressed their serious concern over non-provision of municipal and other basic services to the people and demanded of immediate measures for resolving the issues affecting routine life of the city. Speakers of a conference, title

President, Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain, has said that many free trade agreements have proved to be counterproductive and against the national interests but nobody was blamed and satisfactory steps were not taken

Nine food outlets, including milk shops, have been sealed off after being charged with violating the rules of hygiene and adulteration. Teams of the Punjab Food Authority carried out their raids on Monday as part of attempts to improve cleanliness in rest

The discipline plays crucial role in the success of any organisation and helps in polishing professionalism. Honesty is our belief and courtesy and rendering help to road users is our recognition. This is said by Shaukat Hayat Inspector General National H

Chief Justice of Lahore High Court here Monday maintaining the office objection dismissed a petition seeking registration of a case against Indian Prime Minister Narendra Modi over genocide of Kashmiris. Chief Justice observed that the petitioner should a

On a call of All-Party Conference (APC), a complete shutter-down strike was observed here on Monday against worst electricity and gas load- shedding in the hometown of Benazir Bhutto, slain chairwoman of Pakistan Peoples Party. All shops, bazaars, shoppin

Chief Minister of Punjab, Mian Shahbaz Sharif during his visit to China on Monday met with the Chinese Deputy Prime Minister Zhang Gaoli in Beijing and agreed on taking steps to further ties between the Communist Party of China and the Pakistan Muslim Lea

The lawmakers said in a debate made in the session of the Balochistan Assembly over the targeted killing of a religious scholar and his son in Turbat that the incident increased sense of insecurity. Lawmakers demanded of the authorities concerned to bring

An extensive tree plantation campaign, 'Go Green DHA' initiated jointly by DHA Karachi and World Wide Fund for Nature (WWF) to add to the greenery of the area in a massive manner kicked off on Monday. Administrator DHA Brigadier Zubair Ahmed planted a sap

Gharibwal Cement Group and China International Trust and Investment Corporation (CITC), signed a deal in Beijing on Monday in the presence of Chief Minister Shahbaz Sharif for setting up an industrial park in Chunian. Under the deal, Chinese investors and

Chief of the Army Staff (CoAS) General Raheel Sharif arrived in Egyptian capital Cairo on a two day official visit, ISPR reported. The army chief was presented Guard of honour in Army HQ. General Raheel Sharif met Egyptian Chief of Staff and Defence Minis

Despite better quality, Pakistan cotton is incapable of getting an attractive price in the world market mainly due to non-branding. Traders said that the quality of Pakistani cotton is much better than that producing in other countries; however non-brandi

The Met Office on Monday forecast more monsoon rains in the next three days from Tuesday through July 28 at a number of places across the country. It said that rain with thunderstorm and isolated heavy falls were expected at a number of places in Islamaba

Chairman Senate Raza Rabbani on Monday declared that rules of business were violated in promulgation of National Command Authority (Amendment) Ordinance, 2016 and lawmakers were denied their right to move for disapproval of an ordinance. In a 17-page ruli

An anti-terrorism court (ATC) on Monday granted bails to three employees of Fisherman Co-operative Society (FCS) who we accused of running an organised extortion network and funding gangsters and separatist militants. Saeed Baloch, the general secretary o

Chief Minister Sindh Syed Qaim Ali Shah would formally present his resignation as chief executive of the province at the meeting of Pakistan People's Party (PPP) Parliamentary Committee a meeting to be chaired by party's chairman Bilawal Bhutto Zardari on

Leader of the Opposition in the National Assembly Syed Khursheed Ahmed Shah on Monday expressed his unawareness over the replacement of Chief Minister Sindh Syed Qaim Ali Shah and reshuffling of provincial Cabinet. While talking to media men, Opposition L

Shamsheer-e-Bahr-VI, Pakistan Navy biennial war games gets underway after the opening session held at Karachi. General Rashad Mehmood Chairman Joint Chiefs of Staff Committee was the chief guest on the occasion. Chief of the Naval Staff, Admiral Muhammad

Mari Petroleum Company Limited (MPCL) on Monday handed production bonus cheques of $600,000 or Rs 62.7 million to district governments of Sujawal and Badin. Lieutenant General Nadeem Ahmed, managing director of MPCL, said at a cheque distribution ceremony

ICE cotton fell for the second straight session to the lowest in over a week on Monday, pressured by forecasts of favourable weather conditions for the natural fibre crop. "It looks like we will get some desperately needed rain," said Louis Barbera of ICA

Oil prices fell more than 2 percent on Monday, with US crude hitting a three-month low, on rising concerns that a global glut of crude and refined products would pressure markets, delaying a long-anticipated rebalance in the market. Data from market intel

This is apropos a Business Recorder editorial "The Musharraf saga" carried by the newspaper on Saturday. It has argued, among other things, that "Should we be surprised at Musharraf's treason case ending up as a damp squib? After two and a half

At the crossroads between a divided Europe and a convulsed Middle East, Turkey is caught in a power struggle between former Islamist allies which is shaking democratic institutions and raises questions about its future path. Since a failed coup on July 15

Mairaj Mohammad Khan's passing away this July 22, while undoubtedly the loss of a towering icon of the Left and a major figure in the struggles of the people for democracy and rights, also presents us with an opportunity to reassess his life and political

PML-N's victory in Azad Kashmir was indeed overwhelming. But let us not forget that, historically, the party in power in Islamabad wins the elections in Azad Kashmir. Besides, for the past eight years, the outgoing PPP regime administered Azad Kashmir as

Donald Trump, America's blustering celebrity mogul has finally cinched the Republican Party nomination for president. His candidacy comes as a disappointment for his own party establishment, fellow Americans across the political spectrum as well as decent

Foreign Direct Investment (FDI) received by the country during FY2015-16 would appear to be very encouraging in percentage terms. According to the latest data released by the State Bank on 20th July, 2016, it rose by as much as 39 percent during 2015-16 t

The International Monetary Fund (IMF) has finally removed 2015-16 growth projections of 4.5 percent for Pakistan from its website, revised upward to 4.7 percent in the eleventh review uploaded on 5 July, after Business Recorder sent four questions

The International Monetary Fund (IMF) has finally removed 2015-16 growth projections of 4.5 percent for Pakistan from its website, revised upward to 4.7 percent in the eleventh review uploaded on 5 July, after Business Recorder sent four questions

The International Monetary Fund (IMF) has finally removed 2015-16 growth projections of 4.5 percent for Pakistan from its website, revised upward to 4.7 percent in the eleventh review uploaded on 5 July, after Business Recorder sent four questions

The four provincial governments, in principle, have agreed to unbundling of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited and gas creation of regional gas distribution companies, it was learnt on Monday. The matter of unb

The four provincial governments, in principle, have agreed to unbundling of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited and gas creation of regional gas distribution companies, it was learnt on Monday. The matter of unb

The four provincial governments, in principle, have agreed to unbundling of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited and gas creation of regional gas distribution companies, it was learnt on Monday. The matter of unb

Yahoo sealed a deal Monday to sell its core business to telecom giant Verizon for $4.8 billion, ending a two-decade run as an independent company for the internet pioneer. The agreement announced by the two companies after months of negotiations comes fol

Yahoo sealed a deal Monday to sell its core business to telecom giant Verizon for $4.8 billion, ending a two-decade run as an independent company for the internet pioneer. The agreement announced by the two companies after months of negotiations comes fol

The weather report on Monday (July 25, 2016) and the forecast for Tuesday (July 26, 2016).

Yahoo sealed a deal Monday to sell its core business to telecom giant Verizon for $4.8 billion, ending a two-decade run as an independent company for the internet pioneer. The agreement announced by the two companies after months of negotiations comes fol

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 25, 2016).

Yahoo sealed a deal Monday to sell its core business to telecom giant Verizon for $4.8 billion, ending a two-decade run as an independent company for the internet pioneer. The agreement announced by the two companies after months of negotiations comes fol

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 25, 2016).

Prime Minister Nawaz Sharif on Monday telephoned Afghan President and said Pakistan's government and people stood shoulder-to-shoulder with Afghanistan following the tragic July 23rd terrorist attacks in Kabul. Strongly condemning the "brutal act of terro

The following were Friday official prices.

Prime Minister Nawaz Sharif on Monday telephoned Afghan President and said Pakistan's government and people stood shoulder-to-shoulder with Afghanistan following the tragic July 23rd terrorist attacks in Kabul. Strongly condemning the "brutal act of terro

The following were Friday official prices.

Republican Donald Trump has drawn level with and even surpassed his White House rival Hillary Clinton as the billionaire enjoys a surge after his party's nominating convention last week, polls showed Monday. Post-convention bounces are expected for a US p

Official KCA spot rates for local dealings in Pakistan rupees on Monday (July 25, 2016).

Republican Donald Trump has drawn level with and even surpassed his White House rival Hillary Clinton as the billionaire enjoys a surge after his party's nominating convention last week, polls showed Monday. Post-convention bounces are expected for a US p

Karachi Yarn Market Rates on Monday (July 25, 2016).

The federal government is all set to settle the dispute on longstanding electricity arrears amounting to Rs 70 billion with new Chief Minister Sindh. "We are ready to meet the new Chief Minister in Karachi so that the chronic issue of arrears can be settl

Karachi Yarn Market Rates on Monday (July 25, 2016).

The federal government is all set to settle the dispute on longstanding electricity arrears amounting to Rs 70 billion with new Chief Minister Sindh. "We are ready to meet the new Chief Minister in Karachi so that the chronic issue of arrears can be settl

Cotton yarn rates in rupees per 10 Lbs on Monday (July 25, 2016).

The federal government is all set to settle the dispute on longstanding electricity arrears amounting to Rs 70 billion with new Chief Minister Sindh. "We are ready to meet the new Chief Minister in Karachi so that the chronic issue of arrears can be settl

Cotton yarn rates in rupees per 10 Lbs on Monday (July 25, 2016).

An Indian court on Monday acquitted Bollywood superstar Salman Khan of killing protected wildlife 18 years ago, ending the latest long-running case against the actor. Khan was convicted in 2006 of hunting rare gazelles while he was shooting a film in the

Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 25, 2016)

An Indian court on Monday acquitted Bollywood superstar Salman Khan of killing protected wildlife 18 years ago, ending the latest long-running case against the actor. Khan was convicted in 2006 of hunting rare gazelles while he was shooting a film in the

Paper market rates in rupees on Monday (July 25, 2016).

Pakistan Tehreek-e-Insaf (PTI) on Monday filed a reference with the National Accountability Bureau (NAB) against Prime Minister Nawaz Sharif and his dependants/family members for alleged corruption and corrupt practices. The party's additional secretary g

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (July 25, 2016).

Pakistan Tehreek-e-Insaf (PTI) on Monday filed a reference with the National Accountability Bureau (NAB) against Prime Minister Nawaz Sharif and his dependants/family members for alleged corruption and corrupt practices. The party's additional secretary g

Karachi grain market rates in rupees on Monday (July 25, 2016).

Solar Impulse 2 neared the end of its epic journey Monday to become the first sun-powered airplane to circle the globe without a drop of fuel to promote renewable energy. When the experimental aircraft touches down in Abu Dhabi it will cap a remarkable 42

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (July 25, 2016).

Hundreds of Tunisian demonstrated Monday in the capital to protest against a bill being discussed in parliament to grant amnesty to people accused of corruption. If the so-called "economic reconciliation" bill is passed, people accused of corruption would

Pakistan Economic Indicators - July 25, 2016.

Top officials in reclusive Turkmenistan have been rewarded for their work with extended state-funded holidays while the economy reels from depressed natural gas prices. Authorities in energy-dependent Turkmenistan, including paternalistic President Gurban

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 25, 2016).

Germany warned Monday of a potential backlash against migrants after a Syrian asylum seeker blew himself up outside a music festival, capping a week of attacks that has shaken the country. The 27-year-old attacker wounded more than a dozen people in the s

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 25, 2016).

On Monday, BRIndex30 opened at 23,341.54. It touched an intraday high of 23,342.24 and an intraday Low of 23,160.07 and closed at 23,187.51 which was -154.03 points or -0.66 percent lower than previous close. Total volume was 90,067,900, which was 54.27 p

Interbank closing rates for dollar on Monday (July 25, 2016).

On Monday, BRIndex30 opened at 23,341.54. It touched an intraday high of 23,342.24 and an intraday Low of 23,160.07 and closed at 23,187.51 which was -154.03 points or -0.66 percent lower than previous close. Total volume was 90,067,900, which was 54.27 p

Dollar buying and selling rate in the kerb market in rupees on Monday (July 25, 2016).

Pakistan Stock Exchange (PSX) Monday ended lower on institutional profit-taking. The benchmark KSE-100 index lost 134 points to close 39,017 points down from 39,151 points. Hammad Aman, Manager Equity Sales Topline Securities, said that declining internat

Marginal changes were seen on the money market on Monday as the rupee moved cautiously against the dollar in process of trading, dealers said. The rupee was almost unchanged versus the dollar for buying and selling at Rs 104.85 and Rs 104.87, dealers said

Pakistan Stock Exchange (PSX) Monday ended lower on institutional profit-taking. The benchmark KSE-100 index lost 134 points to close 39,017 points down from 39,151 points. Hammad Aman, Manager Equity Sales Topline Securities, said that declining internat

Marginal changes were seen on the money market on Monday as the rupee moved cautiously against the dollar in process of trading, dealers said. The rupee was almost unchanged versus the dollar for buying and selling at Rs 104.85 and Rs 104.87, dealers said

Pakistan Stock Exchange (PSX) Monday ended lower on institutional profit-taking. The benchmark KSE-100 index lost 134 points to close 39,017 points down from 39,151 points. Hammad Aman, Manager Equity Sales Topline Securities, said that declining internat

The following were the revised rates of debt securities on Monday (July 25, 2016).

Turkey ordered the detention of 42 journalists on Monday, broad caster NTV reported, under a crackdown following a failed coup that has targeted more than 60,000 people, drawing fire from the European Union. The arrests or suspensions of soldiers, police,

The following were the revised rates of debt securities on Monday (July 25, 2016).

Turkey ordered the detention of 42 journalists on Monday, broad caster NTV reported, under a crackdown following a failed coup that has targeted more than 60,000 people, drawing fire from the European Union. The arrests or suspensions of soldiers, police,

The following were the revised rates of debt securities on Monday (July 25, 2016).

The Parliamentary Committee on appointment of the Chief Election Commissioner and members of the Election Commission on Monday confirmed four names - three former judges and a former bureaucrat - for appointment as members of the Election Commission of Pa

Mutual Funds Association has issued open-end funds daily prices for Monday (July 25, 2016)

The Parliamentary Committee on appointment of the Chief Election Commissioner and members of the Election Commission on Monday confirmed four names - three former judges and a former bureaucrat - for appointment as members of the Election Commission of Pa

Mutual Funds Association has issued open-end funds daily prices for Monday (July 25, 2016)

The Supreme Court on Monday declared the Punjab government ban on setting up new sugar mills and extension to the existing ones in public and national interest. On June 23, a two-member bench led by Justice Ejaz Afzal Khan had reserved its judgement in re

Mutual Funds Association has issued open-end funds daily prices for Monday (July 25, 2016)

The Supreme Court on Monday declared the Punjab government ban on setting up new sugar mills and extension to the existing ones in public and national interest. On June 23, a two-member bench led by Justice Ejaz Afzal Khan had reserved its judgement in re

National Clearing Company declares daily settlement information for local & foreign investors on Monday (July 25, 2016).

The Supreme Court on Monday declared the Punjab government ban on setting up new sugar mills and extension to the existing ones in public and national interest. On June 23, a two-member bench led by Justice Ejaz Afzal Khan had reserved its judgement in re