The Senate Standing Committee on Education on Monday unanimously approved the proposal for employing troops of Pakistan Army to aid the civilian machinery in enhancing literacy rate in the country. The Federal Minister for Education Lieutenant General Jav
The ruling Pakistan Muslim League (PML) President Chaudhry Shujaat Hussain and Chief Minister Punjab Chaudhry Pervez Elahi on Monday met former Prime Minister Mir Zafarullah Jamali at Balochistan House. Chaudhry Shujaat's younger brother and PML MNA Chaud
The mother of Jameel Akhtar, Circulation Executive, Business Recorder, passed away here on Monday night. She leaves behind six sons and three daughters. Her Namaz-e-Janaza will be offered at Shamim Masjid situated on Chaudhry Khaliquzzaman Road in
The Cabinet Division has issued reminders to all ministries and divisions to follow President's and Prime Minister's Secretariat, while carrying out day to day activities. Sources told Business Recorder that the secretariat has noted with concern t
President General Pervez Musharraf has warned that "soft borders" in Kashmir are a confidence-building measure but not a solution to the conflict, a report said Monday. "Soft borders are not a solution," Musharraf was quoted as telling Britain's Financial
A delegation of Chinese custom officials will soon visit Pakistan to finalise the arrangements for exchanging electronic data on imports/exports to control the massive under-invoicing of Chinese goods, freely available in the local markets. Under the arra
A new 'Gender Gap Index' for measuring inequality between men and women, devised by the World Economic Forum, has put Pakistan almost at the bottom of ranking in 58 countries. Pakistan's ranking is 56, ahead of Turkey (57) and Egypt (58). Surprisingly, Ba
The Global System for Mobile-communications (GSM) Association has cautioned Pakistan against tampering with the current terms and policies regulating telecommunication as any sudden changes will disrupt growth and stability of the sector. Its officials al
Foreign Office spokesman said here on Monday that Pakistan has protested very strongly to the torching of Pakistan's consulate-general at Jalalabad, and urged the Afghan for a thorough investigation. At his weekly briefing, Jalil Abbas Jilani said that Pr
The Central Board of Revenue (CBR) has decided to combine, in budget 2005-06, all SROs pertaining to concessional rates of customs duty on import of raw materials, goods and equipment. Official sources told Business Recorder on Monday that CBR has
The Central Board of Revenue (CBR) has decided to combine, in budget 2005-06, all SROs pertaining to concessional rates of customs duty on import of raw materials, goods and equipment. Official sources told Business Recorder on Monday that CBR has
The Central Board of Revenue (CBR) has decided to combine, in budget 2005-06, all SROs pertaining to concessional rates of customs duty on import of raw materials, goods and equipment. Official sources told Business Recorder on Monday that CBR has
Pakistan has expressed dissatisfaction over the preliminary report and demanded of Turkmenistan to present third-party certification of Daultabad gas field in the next steering committee meeting, to be held in Ashkabad in June. An official of Petroleum Mi
Pakistan has expressed dissatisfaction over the preliminary report and demanded of Turkmenistan to present third-party certification of Daultabad gas field in the next steering committee meeting, to be held in Ashkabad in June. An official of Petroleum Mi
Pakistan has expressed dissatisfaction over the preliminary report and demanded of Turkmenistan to present third-party certification of Daultabad gas field in the next steering committee meeting, to be held in Ashkabad in June. An official of Petroleum Mi
Chief of the Naval Staff Shahid Karimullah said on Monday that Britain has offered to sell three Type-23 ships to Pakistan. Britain showed its interest in selling the ships and "we have shown interest" in purchasing the same, Admiral Karimullah said after
Chief of the Naval Staff Shahid Karimullah said on Monday that Britain has offered to sell three Type-23 ships to Pakistan. Britain showed its interest in selling the ships and "we have shown interest" in purchasing the same, Admiral Karimullah said after
The Central Board of Revenue (CBR) will file a fresh reference to seek permission from the Council of Islamic Ideology (CII) for selling 0.1 million bottles of confiscated liquor to the embassies of non-Muslim countries. Official sources told Business
The Central Board of Revenue (CBR) will file a fresh reference to seek permission from the Council of Islamic Ideology (CII) for selling 0.1 million bottles of confiscated liquor to the embassies of non-Muslim countries. Official sources told Business
The Central Board of Revenue (CBR) will file a fresh reference to seek permission from the Council of Islamic Ideology (CII) for selling 0.1 million bottles of confiscated liquor to the embassies of non-Muslim countries. Official sources told Business
Indian occupation troops on Monday gunned down three suspected mujahideen who infiltrated into Indian occupied Kashmir from Azad Kashmir while nine others including two policemen died elsewhere, officials said. The three suspected mujahideen were shot dea
Indian occupation troops on Monday gunned down three suspected mujahideen who infiltrated into Indian occupied Kashmir from Azad Kashmir while nine others including two policemen died elsewhere, officials said. The three suspected mujahideen were shot dea
Securities and Exchange Commission of Pakistan (SECP) has stated that the election of the directors of companies can take place in annual general meeting in October/April instead of December/June. "However the director elect will take office after the exp
Securities and Exchange Commission of Pakistan (SECP) has stated that the election of the directors of companies can take place in annual general meeting in October/April instead of December/June. "However the director elect will take office after the exp
Securities and Exchange Commission of Pakistan (SECP) has stated that the election of the directors of companies can take place in annual general meeting in October/April instead of December/June. "However the director elect will take office after the exp
Pakistan's external debt and liabilities, which were over 52 percent of the gross domestic product (GDP) five years back, have come down to 37 percent last year and are expected to decline further by the end of current financial year. "External debt and l
Indonesia's economy grew a more-than-expected 6.35 percent in the year through the first quarter, supported by investment and maintaining a similar expansion rate to the fourth quarter, data showed on Monday. Growth outstripped expectations for gross dome
Japanese camera and chip equipment maker Nikon Corp on Monday posted a surge in annual operating profit on stronger sales of steppers and high-end digital cameras, and forecast a bigger-than-expected profit this business year. Nikon's earnings have been d
Japanese camera and chip equipment maker Nikon Corp on Monday posted a surge in annual operating profit on stronger sales of steppers and high-end digital cameras, and forecast a bigger-than-expected profit this business year. Nikon's earnings have been d
Auditors have been overly cautious in their attempts to comply with post-Enron reforms and need to be more focused and communicative when completing their audits, US regulators said on Monday in response to complaints about the new standards. The Public C
Time Warner unit AOL is working on a new Internet business strategy that it would eventually use in foreign markets, Time Warner's CEO said on Monday, outlining a move that would reverse a long retreat to AOL's US base. "We've been working with AOL to try
Equities witnessed broad-based erosion at the Islamabad Stock Exchange (ISE) where bears snatched the floor from the bulls amid decrease in index. ISE Network Index was down by 295.25 points as the price-based indicator moved from 12,291.86 to 11,996.61 p
Equities witnessed broad-based erosion at the Islamabad Stock Exchange (ISE) where bears snatched the floor from the bulls amid decrease in index. ISE Network Index was down by 295.25 points as the price-based indicator moved from 12,291.86 to 11,996.61 p
Mr Rijkman Groenink, Chairman of the Managing Board, ABN Amro Bank visited Pakistan recently. Rijkman Groenink reaffirmed ABN Amro's commitment to Pakistan during his meetings with President Pervez Musharraf and Prime Minister Shaukat Aziz. Mr. Groenink s
The World Bank said on Monday its private sector arm would lend up to $150 million to hotel companies in tsunami-damaged areas of South Asia to help them rebuild their properties. The International Finance Corp loans will be aimed at established hotel and
Conflicting rumours about the outcome of President Musharraf's meeting with the PML top brass disturbed the sentiment, keeping people in a confusing state of mind on local stock market, where share values moved erratically to make a weak closing. The LSE-
Conflicting rumours about the outcome of President Musharraf's meeting with the PML top brass disturbed the sentiment, keeping people in a confusing state of mind on local stock market, where share values moved erratically to make a weak closing. The LSE-
Foreign Office spokesman on Monday rejected suggestions here that Pakistan was going to mediate between Palestinian National Authority and the Israeli leaders. He said at his news briefing that he was not aware of such a move. He even did not agree to ans
Share prices showed erratic movement on Karachi Stock Exchange on Monday and profit taking forced the index to close on a negative note with volume appreciating by 6 percent. The KSE-100 index declined by 95.83 points, or 1.29 points, to 7315.50 from 7411
Share prices showed erratic movement on Karachi Stock Exchange on Monday and profit taking forced the index to close on a negative note with volume appreciating by 6 percent. The KSE-100 index declined by 95.83 points, or 1.29 points, to 7315.50 from 7411
Share prices showed erratic movement on Karachi Stock Exchange on Monday and profit taking forced the index to close on a negative note with volume appreciating by 6 percent. The KSE-100 index declined by 95.83 points, or 1.29 points, to 7315.50 from 7411
The fortnightly meeting of the pricing subcommittee of Oil Companies Advisory Committee (OCAC), was held here on Monday to review the various prices of petroleum products. The committee decided that the prices of POL products would remain unchanged for th
The fortnightly meeting of the pricing subcommittee of Oil Companies Advisory Committee (OCAC), was held here on Monday to review the various prices of petroleum products. The committee decided that the prices of POL products would remain unchanged for th
The fortnightly meeting of the pricing subcommittee of Oil Companies Advisory Committee (OCAC), was held here on Monday to review the various prices of petroleum products. The committee decided that the prices of POL products would remain unchanged for th
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 Comm
Prime Minister Shaukat Aziz has given one week to the concerned ministries and Wapda, for submission of the timetable of the power sector corporatisation, sources told Business Recorder. "The Prime Minister has sought a clear timetable, along with
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
Prime Minister Shaukat Aziz has given one week to the concerned ministries and Wapda, for submission of the timetable of the power sector corporatisation, sources told Business Recorder. "The Prime Minister has sought a clear timetable, along with
Prime Minister Shaukat Aziz has given one week to the concerned ministries and Wapda, for submission of the timetable of the power sector corporatisation, sources told Business Recorder. "The Prime Minister has sought a clear timetable, along with
Ukraine's Farm Ministry has cut its 2005 grain crop forecast slightly to about 37 million tonnes from the previous estimate at 37.4 million, Agriculture Minister Alexander Baranivsky said on Monday. Ukraine harvested a record 41.8 million tonne of grain i
President Musharraf and Prime Minister Shaukat Aziz on Monday underscored the importance of political unity for continued focus on translating economic development into tangible benefits for the common man. Addressing senior leaders of Pakistan Muslim Lea
Mixed trend was seen on the forward cottonseed oilcake market as May vaida showed no change and the next vaida closed lower in low activity, dealers said. The May vaida commenced with no change at Rs 444.00 and closing was also seen at the same level, dea
President Musharraf and Prime Minister Shaukat Aziz on Monday underscored the importance of political unity for continued focus on translating economic development into tangible benefits for the common man. Addressing senior leaders of Pakistan Muslim Lea