Islamabad High Court (IHC) was informed on Wednesday that Central Selection Board (CSB) meeting could not be convened in September, as the post of Chairman Federal Public Service Commission (FPSC) was still vacant. Additional Attorney General (AAG) Afnan

Recommending power tariff at par with regional competitors, withdrawal of duty on coal, and zero-rating regime for textile industry, a parliamentary panel Wednesday called for taking tangible measures to boost the textile export. The Senate standing commi

In order to disseminate the message of its investor education portal, JamaPunji, the Securities and Exchange Commission of Pakistan (SECP) has directed all listed companies to incorporate an informational message on JamaPunji in their annual accounts.

A couple and their two teenage children were mysteriously found dead inside their house, here on Tuesday. Police said that some unknown assailants after brutally slaughtering the family torched the house and fled. The incident took place in Manzoor Colony

The doctors, paramedics and nurses of different hospitals in federal capital continued their sit-in for the second consecutive day on Wednesday, leaving the patients in the lurch.

The Government of Khyber Pakhtunkhwa is going to hold first ever 'Training Workshop' in the history of Pakistan for all districts Nazims (Mayors) of the province on 5-6 October 2015 in line with embarking on the journey for devolution of power to the elec

Better late than never. Following in the footsteps of 'dhabang' or brave lady Ayesha Mumtaz of Punjab Food Authority, Lahore, finally deputy commissioner, Islamabad, sprang into action against some prominent eateries for selling unhygienic foods. The Isla

The cut-off yield of Pakistan Investment Bonds (PIBs) declined up to 25 basis points (bps) in its auction held Wednesday amid expectations for a reduction in the key policy rate. Auction for the sale of Pakistan Investment Bonds for 3-, 5-, 10-, and 20-ye

The cut-off yield of Pakistan Investment Bonds (PIBs) declined up to 25 basis points (bps) in its auction held Wednesday amid expectations for a reduction in the key policy rate. Auction for the sale of Pakistan Investment Bonds for 3-, 5-, 10-, and 20-ye

A key distinction between a developed and a developing economy lies in their savings pattern. In an economically-matured country, people tend to save a higher proportion of what they earn, as compared to a developing country where average income is usuall

A key distinction between a developed and a developing economy lies in their savings pattern. In an economically-matured country, people tend to save a higher proportion of what they earn, as compared to a developing country where average income is usuall

Addressing an inaugural ceremony of the newly established LUMHS Diagnostic and Research Laboratory at Tando Adam, the Vice Chancellor Professor Noshad A Shaikh said that the Liaquat University of Medical and Health Sciences Jamshoro since its inception ha

A 2-day seminar on "Modern Trends in Commercial Explosives" organized by Wah Nobel Group of Companies at Pakistan Ordnance Factories (POF) Wah Cantt concluded here Wednesday. The seminar was arranged for the officials of Frontier Works Organization (FWO)

Dubai Islamic Bank Pakistan Limited (DIBPL), a leading Islamic Bank in Pakistan and Western Union, a leader in money transfer and global payment services announced the launch of international account base money transfer services to Pakistan, setting up ne

The provincial government of Balochistan has decided to send representatives of Grand Baloch Jirga to London in December to negotiate with Khan of Kalat Mir Suleman Dawood Jan for his return to Pakistan, it is learnt. An official source privy to the devel

The joint committee of Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost & Management Accountants of Pakistan (ICMAP) has awarded Meezan Bank's Annual Report 2014 the prize of being the 3rd Best Corporate Report in the Banking se

The Area Study Centre (ASC) of Sindh University (SU) on Wednesday inked two memoranda of understanding (MoUs) with a local & a foreign institution for research in the fields of social sciences. It also inaugurated Chinese corner in a bid to promote Chines

In continuation of Defense Day of Pakistan Celebrations the Institute of Biomedical Technology LUMHS Jamshoro arranged a program to pay tribute to the martyrs of Army Public School, Peshawar. Addressing a large number of participants, Vice Chancellor LUMH

Pakistan Leather Garments Manufacturers and Exporters Association (PLGMEA) demands government to urgently take measures to check decline in exports of leather garments and leather goods. The exports of leather garment declined 10 percent to $366 million i

Experts warn the people of Sindh province of facing food shortage in future, because of depleting resources and declining crop productions. They link the destruction to the climate variations, which they urge the government and researchers to identify the

Pakistan Civil Aviation Authority (PCAA) in a statement said that Aero Medical Branch is competent to give recommendations at its own regarding the medical fitness (class one) of pilots in accordance with already specified medical standards in ICAO Annex-

"Nawaz Sharif was disappointed at Zardari sahib's statement or so he said."

The Federal Board of Revenue (FBR) has transferred and posted 51 officials of Pakistan Customs Service (BS-19/20) with immediate effect.

With over five million primary children now out-of-schools in the country and the formal public and private education sectors' inability to cater to all children, the potential of the non-formal education sector to supplement the state's efforts to provid

Fatima Jinnah Medical University (FJMU) Vice Chancellor Professor (Dr) Sardar Fakhar Imam presided over a reference held at the FJMU convocation hall on Wednesday to pay tribute to former principal FJMC late Professor Khalida Usmani for her meritorious se

Lahore High Court Chief Justice Manzoor Ahmad Malik has turned down a request by the Election Commission of Pakistan to appoint district and additional sessions judges as election tribunals to deal with election petitions. "After examining the request fol

The Punjab Health Department has prepared a comprehensive policy for the "Hospital Waste Management" and committees for this purpose have been notified at the divisional, district and hospital level. The hospital's pilot project has completed in the Tehsi

The Securities and Exchange Commission of Pakistan (SECP) and Riphah International University Islamabad have signed on Wednesday a memorandum of understanding (MoU) to establish cooperation to conduct investor education seminars for students, at Riphah Un

Finance Minister Ishaq Dar Wednesday presided over a meeting of Finance Ministry officials to discuss his forthcoming visit to the US where he would be holding bilateral meetings with a view to seeking enhancement in overall Pak-US economic cooperation. T

The headlines are beginning to grow more ominous by the year. 'Pakistan is vulnerable to Climate Change.' 'Pakistan at increased risk due to global warming.' 'Pakistan's deforestation rate highest in the world.' Yet somehow, our national conscience hasn't

Sheikh Asghar Ali has been elected unopposed as Chairman of Pakistan Textile Exporters Association (PTEA), while Rizwan Ihsan and Arif Mahmood Qureshi were elected Senior Vice Chairman and Vice Chairman, respectively for the next term. According to the PT

The Pakistan Peoples' Party in the Punjab has expressed solidarity with protesting traders and demanded that the withholding tax be dropped. Party President Manzoor Wattoo, who was critical of the tax, claimed on Wednesday that the lingering protests were

The Lahore Chamber of Commerce and Industry (LCCI) has termed the anti-tax general strike "an eye-opener" for policy makers and demanded that the government drop it at once. Vice-President Syed Mahmood Ghaznavi said the one-day strike had caused a loss of

Traders on Wednesday observed complete shutter down strike across the country against the 0.6 percent withholding tax on all banking transactions to be implemented from September 30, while the current rate is 0.3 percent. All Pakistan Tajir Ettehad (APTE)

Pakistan's Ambassador to the UN, Maleeha Lodhi, speaking in her capacity as Unicef Executive Board's President, Tuesday gave a clarion call for all concerned to prepare for the implementation of the international community's new sustainable development go

High Commission of South Africa will facilitate Pakistani business community to have direct links with their counterparts in South Africa to give quantum jump to the bilateral trade between the two countries, said Mpendulo Jele High Commissioner of South

The Federal Board of Revenue (FBR) has discontinued performance allowance of 806 (BS-16) officials of Customs Department belonging to various cadres. According to a notification issued by the FBR here on Thursday, on failure to comply with the instruction

Rangers on Wednesday released a leader of Muttahida Qaumi Movement (MQM), Qamar Mansoor, after keeping him under their custody for 45 days. According to the paramilitary force, he has been released on humanitarian ground. Shortly after his release, MQM's

Allied Bank has donated Rs 10 million to Punjab Institute of Cardiology (PIC) for the expansion of its emergency block, which would enhance its present capacity from 14 beds to 100 beds. In a simple ceremony held at PIC, Tahir Yaqoob Bhatti, Chief Commerc

Members of Social Audit Team (SAT) constituted for 19-month long initiative for creating awareness among the local population of Balochistan regarding budgetary allocation for various public departments on Wednesday claimed that the programme was very eff

Police foiled a bid to blow up railway track and recovered a bomb weighing seven kilogram here on Wednesday. Police said that unidentified miscreants had planted 7kg bomb with railway track in Rajanpur which was recovered by police and later on defused by

New Aviation Policy 2015 aims at creating local job opportunities, boosts, exports and revenue generation for bringing Pakistan at par with international aviation standards. Pakistan Civil Aviation Authority (PCAA) will earn revenue either in shape of ann

Afghanistan Ambassador to Pakistan Janan Mosazai has said Afghans have suffered heavily from outside proxy games as it remained the front line state in the fight against terrorism and extremism. He was speaking at a seminar titled, "Social transformation

Khyber Pakhtunkhwa Minister for Finance, Muzzafar Said Advocate has said that women would be provided full facility and opportunity for casting their constitutional right to vote in the by-election of PK-93, Wari, Upper Dir-III. He said this while address

-The Inspector General of Police (IGP), Nasir Khan Durrani suspended a DSP and an Inspector on charges of violating rules and procedures and receiving illegal gratification in an abduction case and further ordered departmental inquiry against them. A comp

Governor Khyber Pakhtunkhwa Sardar Mahtab Ahmad Khan has said the war against terrorism and militancy in the tribal region is being fought for the sovereignty and integrity of Pakistan adding that whole the Nation stood united with the Pak Army and securi

The next meeting of the Federal Committee on Agriculture (FCA) is likely to be held by the end of this month to review Kharif crop production position and fix Rabi crop targets. An official of the Ministry of National Food Security and Research MNS&RS tol

Prime Minister Muhammad Nawaz Sharif on Wednesday expressed condolence over the death of wife of Senator Raja Zafar Ul Haq. The Prime Minister prayed for eternal peace of the departed soul and commiserated with the bereaved family, a PM office statement s

Election for the office-bearers of Karachi Chamber of Commerce and Industry (KCCI) for the year 2015-16 will be held on Saturday (September 19), while its annual general body meeting is scheduled for September 30. Meanwhile, all the 15 candidates who had

Pakistani mangoes that enjoy unique position in the global market due to their exquisite taste, distinct flavour and sweetness, pulled crowds of mango lovers at the Mango Tasting Event at the Embassy of Pakistan in Japan. It was part of a series of events

A three-day visit of 20 trainees was held for exposure to leather embroidery in Lahore to learn then new trends, designs and to develop modern brands and prices of different products. The trainers were getting training in Skill Enhancement and Livelihood

A three-days training program on 'University functional rules, budget and Cash flow' was held at the Agriculture University of Peshawar (AUP), here on Wednesday. The training was conducted by the university Quality Enhancement Cell (QEC) in collaboration

Pakistan Islamic Medical Association (PIMA) has strongly condemned the use of state force, torture and arrests of doctors and paramedical staff in Peshawar and Islamabad. The association urged the government and protesting doctors to end the crisis by hol

Participants of a district-level All Parties conference have called for making legislation in light of Article 25-A of the Constitution to guarantee the provision of free and compulsory education to children from the age of 5 to 16 years in the province.

The Punjab government has replaced the operative part of the fuel treatment plant for the Nandipur power project in 2014, say power sector experts. They have rejected Federal Minister for Defence, Water and Power Khawaja Mohammad Asif's earlier claim that

The Lahore High Court has stayed the recovery of the general sales tax on professional fees of advocates and issued notices to the federal and the provincial governments. The court told law officers to help it in the next hearing. Lahore High Court Bar, L

Pakistan Navy is celebrating the Golden Jubilee of Defence Day of Pakistan with due solemnity and reverence. For this purpose, a number of activities are being conducted to commemorate supreme sacrifices of our Armed Forces and national heroes who stood a

Punjab Pakistan Tehreek-e-Insaf organiser Chaudhary Sarwar has suggested that the Election Commission stop acting as "the ruling government's B team". He has warned that his party will stage a general protest in the province against the Election Commissio

Ameer, Jamaat e Islami, Pakistan, Senator Sirajul Haq, JI Secretary General, Liaqat Baloch and JI Information Secretary, Ameerul Azeem, have strongly condemned the attack at the GEO News DSNG van, and the assassination of senior journalist Aftab Alam and

Central leader of Pakistan Muslim League-N Hamza Shahbaz Sharif, MNA inaugurated Self-Employment Scheme with the cooperation of Zakat and Ushr Department and TEVTA, here on Wednesday with the distribution of Rs 50,000/= each to 205 persons in the first ph

The Lahore High Court has rejected a bail petition by a prime terror man suspected of being part of the al Qaeda in Lahore. In his defence, Hasan Zaheer told the court on Wednesday that he had nothing to do with terror and that he had no links with the te

A delegation of investors led by Chairman Board of Directors of Albayrak group of companies, Turkey, Ahmet Albayrak met Punjab Chief Minister Muhammad Shehbaz Sharif, here on Wednesday. Matters regarding promotion of cooperation in solid waste management,

Punjab Chief Minister Muhammad Shehbaz Sharif presided over a high level meeting here Wednesday which reviewed progress on the project of mineral reserves in Chiniot-Rajwa. Addressing the meeting, the Chief Minister said that Minerals Department will have

The Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has declared that the Karachi Stock Exchange (KSE) has demonstrated its ability to diligently perform functions and duties towards protection of investors with the exception

The Board of Directors of Pakistan Broadcasters Association (PBA) met yesterday in continuation of Television Audience Measurement (TAM) tampering investigation that the Board had been undertaking since August 1. The meeting was 4th in a series of Board m

Punjab Chief Minister Muhammad Shahbaz Sharif has said that Pakistan Muslim League-N government led by Prime Minister Muhammad Nawaz Sharif has worked round the clock on energy projects during last two years. He said that the sincere efforts made for the

ICE cotton fell during the settlement period on Wednesday but remained within the prior session's trading range in light volume as traders hesitated to take large positions ahead of the US government supply and demand report expected Friday. "People are k

Shanghai Futures Exchange copper rallied more than 5 percent at one point before ending up 4.4 percent at 41,140 yuan ($6,452) on Wednesday, having hit a two-month peak at 41,550. Prices broke the 100-day moving average, which sent a buy signal to momentu

Copper scaled a seven-week high on Wednesday on expectations of tighter supplies, though the rally could be short-lived without improvements in demand from top consumer China or more substantial production cuts. Benchmark copper on the London Metal Exchan

Benchmark Tokyo rubber futures ended 4 percent higher on Wednesday, as Japanese equities posted their biggest one-day gain since the height of the global financial crisis in 2008 and the yen weakened against the dollar. The Tokyo Commodity Exchange rubber

Wednesday's Rotterdam vegetable oil prices at 1600 GMT:

Wednesday's Rotterdam vegetable oil prices at 1600 GMT:

US grain and soyabean futures jumped on Tuesday on expectations that the US Agriculture Department may lower its domestic harvest estimates at the end of the week. Short-covering in the markets ahead of the release of Agriculture Department (USDA) crop re

Malaysian palm oil futures hit a six-week high on Wednesday, supported by short-covering and technical buying ahead of production data due later this week. By the close, the benchmark November contract on the Bursa Malaysia Derivatives exchange ended 1.1

New York raw sugar futures on ICE jumped more than 3 percent on Wednesday, breaking a two-day streak lower on support from rains in top grower Brazil, while data from the country's main cane region was largely within expectations. Cocoa futures rose to se

Gold firmed on Tuesday as a retreat in the dollar index helped the metal snap a four-day losing streak, but bullion remained close to 3-week lows as uncertainty over a looming US interest rate hike persisted. Spot gold was up 0.2 percent at $1,121.10 an o

Gold held above a three-week low on Wednesday as the dollar nursed losses, but prices remained range-bound as traders waited for direction from the Federal Reserve on the timing of a US interest rate hike. Spot gold had edged up 0.1 percent to $1,122.50 a

Gold fell to a three-week low on Wednesday as stock markets strengthened and the dollar firmed, though prices remained hemmed into a narrow range ahead of next week's Federal Reserve meeting. The gold market will be closely watching the US central bank's

US soyabean futures dipped early on Wednesday on better-than-expected US crop ratings and concerns about sluggish export demand. Wheat futures also declined, while corn traded near unchanged. Soyabeans pulled back after rising on Tuesday on expectations t

Gold fell to a four-week low early on Wednesday as stock markets strengthened and the dollar firmed, though prices remained hemmed into a narrow range ahead of next week's Federal Reserve meeting. The gold market will be closely watching the US central ba

Representatives of the Privatisation Commission provided all relevant information to negate any wrong perceptions that the Heavy Electrical Complex (HEC) was sold at a nominal price and that there had been any wrong-doing in the privatisation process by s

In 100 countries around the world, women are barred from doing certain work solely because they are women. Over 150 countries have at least one law that is discriminatory towards women. And only 18 countries are free of any law disadvantaging women.

Issues relating to direct taxes are often confused when these are viewed and considered from accounting angles. For example, accounting practices treat different business activities in accordance with accounting standards, however, the problem arises wher

Prime Minister Nawaz Sharif had a productive meeting on Monday with representatives of the Ittehad-e-Tanzeemat-e-Madaris Pakistan (ITMP) to decide future course of action for the seminaries. Thus far these people vehemently refused to follow the rules app

Lust for political power remains savage everywhere, but the price it exacts in Pakistan on the contending parties' ideological commitments is rather high. Not years, nor even months it would take a party just a week or a couple of days to cross the floor

The four provinces, including Punjab, have unanimously accused the federal government of encroaching on provincial taxes through the levy of withholding tax on automobiles, telecommunications, cash transactions, as well as on rental income through the Fin

Oil prices fell nearly 4 percent on Wednesday, pressured by ample supply and concerns about demand being curbed by slowing economic growth. Oil futures extended losses as US equities turned lower after the prospect of economic stimulus from China boosted

Pro-Palestinian and pro-Israeli demonstrators clashed outside British Prime Minister David Cameron's London residence on Wednesday ahead of a visit by Israeli Prime Minister Benjamin Netanyahu. Police officers separated the two groups into pens and took a

Pro-Palestinian and pro-Israeli demonstrators clashed outside British Prime Minister David Cameron's London residence on Wednesday ahead of a visit by Israeli Prime Minister Benjamin Netanyahu. Police officers separated the two groups into pens and took a

A Pakistan Air Force (PAF) fighter jet F-7 PG crashed near Mustang on Wednesday, with the pilot ejecting to safety. According to PAF spokesperson, the aircraft was on a routine training flight when it crashed after the engine caught fire. Fortunately, no

A Pakistan Air Force (PAF) fighter jet F-7 PG crashed near Mustang on Wednesday, with the pilot ejecting to safety. According to PAF spokesperson, the aircraft was on a routine training flight when it crashed after the engine caught fire. Fortunately, no

Pakistan Broadcasters Association condemns the armed attack and killings of media persons in Karachi and Peshawar during the last few days and calls upon the authorities to provide protection to media houses and its staff, says a press release issued on W

Pakistan Broadcasters Association condemns the armed attack and killings of media persons in Karachi and Peshawar during the last few days and calls upon the authorities to provide protection to media houses and its staff, says a press release issued on W

Federal government''s entire economic team will hold sector-wise consultation on Thursday (today) with all the exporters'' associations on export performance, sector-specific issues and future export enhancement strategy on the directives of Prime Ministe

Federal government's entire economic team will hold sector-wise consultation on Thursday (today) with all the exporters' associations on export performance, sector-specific issues and future export enhancement strategy on the directives of Prime Minister

The weather report on Wednesday (September 09, 2015) and the forecast for Thursday (September 10, 2015).

Federal government's entire economic team will hold sector-wise consultation on Thursday (today) with all the exporters' associations on export performance, sector-specific issues and future export enhancement strategy on the directives of Prime Minister

The following were Tuesday official prices.

The Finance Ministry has estimated a relatively higher inflow of Rs 88.122 billion from dividends on government investment for the current fiscal year in spite of divestment of government shares of four profitable state-owned entities. The government has

The following were Tuesday official prices.