Senior Provincial Minister for Information Nisar Khuhro on Monday said that the provincial government is not responsible for the deaths of 12 people in Ranipur. Talking to media outside hospital after meeting the ailing PPP leader Makhdoom Amin Fahim, Nis

Sindh Bank and MoneyGram announced that they have signed an agreement to provide money transfer receive services to customers in Pakistan. The agreement will enable customers to pick up funds from friends and family members around the world at more than 2

The Election Commission of Pakistan (ECP) on Monday started a scrutiny process of nomination papers filed by candidates for local government elections in Islamabad Capital Territory (ICT). As many as 2,958 candidates have filed nomination papers for local

Motorists without driving license thronged all the three license offices on Monday to get driving license after traffic police announced a crackdown against such motorists in the city from Monday. However, the Sindh government following an unexpected floo

Imtiaz Ahmad Khan, (BS-21) officer of Pakistan Customs Service currently posted as Director General, Directorate General of IPR, Lahore is transferred and posted as Director General, Directorate General of Intelligence and Investigation - FBR, Islamabad w

Jubilee Life, Pakistan's leading life insurance provider has launched a breakthrough product which in addition to being a regular life insurance plan is also a savings plan that provides additional financial support and cover for the treatment of major an

Inspector General of Police Sindh, Ghulam Hyder Jamali has directed the concerned police officials to facilitate citizens seeking driving license for the first time or renewal of the same. Responding to complaints about difficulties faced by the drivers a

Most of the multi storey buildings in Rawalpindi are not designed according to buildings code, and may collapse if city was to be hit by a severe earthquake in future. According to a survey, 99.9 % buildings in the Rawalpindi city are not quake proof and

Although relatively better organised, the local government elections were not free from procedural irregularities and tainted by the afternoon clash in Khairpur district that claimed lives of 11 political workers. In addition, the incidents of restriction

Interior Minister Chaudhry Nisar Ali Khan on Monday issued standing orders that the 'Safe City Project' must be completed by November end, saying he wanted to see the project operational in December at all costs. "Complete the installation of security cam

The newly-elected President of Aligarh Muslim University Old Boys' Association (AMUOBA) Jawaid Anwar on Monday took over as the new Chancellor of Sir Syed University of Engineering and Technology (SSUET) replacing Engr. Adil Usman who lost to him in the A

The Governor of Sindh, Dr Ishrat ul Ebad Khan, has said that the China-Pakistan Economic Corridor (CPEC) is a mega development project which is also a lifeline for Pakistan and very important for China as well. He was talking to a visiting Chinese diploma

Karachi Stock Exchange, KASB Securities and Central Depository Company organised an investor awareness generation program in Sialkot on October 30th. Over 600 participants including members of Sialkot Chamber of Commerce, industrialists, investors, indust

Clad in purple Kurta and a matching Dopatta wrapped around her neck, Annie Resusci appeared to be gasping for oxygen while lying flat on a table placed in front of US and Pakistani flags in a multipurpose room here at the US Consulate. The "thousand dolla

No co-ordination between Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB) over Workers' Welfare Fund (WWF) is creating immense difficulties for taxpayers to claim WWF payable as deductible tax to the latter. The issue was highlighted by Karach

The Dawood Foundation (TDF) and APWA (All Pakistan Women's Association) announced a collaborative programme through which students at APWA's schools in Karachi will be taught about environmental conservation. Representatives of TDF visited APWA's Liaquata

Hailing the city's traffic police department's decision of launching a vigorous campaign against those driving vehicles without license, industrialists and traders have demanded strict actions against those flouting other traffic laws. They also underscor

A report on the safety of Pakistani media professionals presents a bleak picture of the level of insecurity faced by the journalists. The report calls for serious efforts by the government and media to change the present situation where those who kill, in

Cotton growers should begin preparing their fields for the next Rabi season crops, the Met Office said on Monday. It said that the farmers should also complete sowing of Rabi corps in time to avoid yield loss. Farmers of rain-dependent parts should sow th

The federal government released Rs 168.43 billion (24 percent) under Public Sector Development Programme (PSDP) for various development projects out of the budgeted allocation of Rs 700 billion for 2015-16. The government has not yet released any funds fo

Sindh High Court (SHC) on Monday adjourned the hearing of a plea filed against the detention of a former federal minister belonging to the Pakistan Peoples Party (PPP) Dr Asim Hussain under Terrorism Act. Dr Asim's wife Dr Zarin filed a petition in SHC th

Professor Dr Naeem A. Jafery, the eminent educationist, Founding Vice Chancellor of Ziauddin University and Professor of Emeritus and Advisor on Academic Affairs, passed away at the age of 86 on Monday. Professor Dr Pirzada Qasim Raza Siddiqui, Vice Chanc

Pakistan Industrial and Traders Associations Front (PIAF) while criticising the government for increasing POL products' prices termed it a negative move for the country's economy which was already facing a number of challenges. PIAF Chairman Irfan Iqbal S

The Lahore Chamber of Commerce and Industry has started preparing a report on "Ease of doing business in Pakistan". The objective of this initiative is to identify the hurdles coming in the way of businesses and to suggest doable solutions to the governme

Punjab Law Minister, Rana Sana Ullah Khan, has claimed that out of 157 local bodies seats in Faisalabad city, 111 candidates of the PML-N were elected. Out of these 71 candidates emerged victorious having the election symbol of "SHER" while those 40 elect

All Pakistan Textile Mills Association (APTMA) said it wants to meet Federal Finance Minister Ishaq Dar next week, who has recently returned home from the United States, to negotiate the remaining part of the textile package. APTMA Central Chairman Tariq

Anti-Narcotics Force (ANF) while conducting various operations in different parts of the country, seized 84Kg Charas and 8.7Kg Heroin and apprehended 17 offenders involved in drug trafficking and impounded six vehicles. The value of seized drugs is Rs 256

The University of Veterinary and Animal Sciences (UVAS) Lahore in collaboration with Nutritionists Association of Pakistan (NAP), Pakistan Poultry Association (PPA), Pakistan Academy of Sciences (PAS) , Pakistan Medical Association (PMA) and Forman Christ

An MPA of Pakistan Peoples Party (PPP) from Naushehro Feroze district here Monday obtained a protective bail from the Sindh High Court to prevent arrest from the National Accountability Bureau (NAB). The petitioner MPA Abdul Sattar Rajpar's counsel advoca

BMA Asset Management Company Limited (BMA Funds), a non banking finance company, formally signed the trust deed for its forthcoming Islamic income scheme, BMA Minhaj Islamic Income Fund at CDC Pakistan. The event brought together the representatives from

BMA Asset Management Company Limited (BMA Funds), a non banking finance company, formally signed the trust deed for its forthcoming Islamic income scheme, BMA Minhaj Islamic Income Fund at CDC Pakistan. The event brought together the representatives from

Pakistan Tehreek-e-Insaf (PTI) Karachi Organiser Ali Zaidi Monday demanded deployment of Pakistan Rangers presence inside and outside all polling stations for the remaining two rounds of local body elections.

Pakistan Peoples' Party (PPP) in the Punjab has claimed that the party can never be eliminated from the political scene in contrast to its critics recklessly predicting it before the recent Local Bodies elections in the Punjab and Sindh.

Chairman Bilawal Bhutto Zardari has issued directives to the Parliamentary leaders of Pakistan Peoples Party in the Senate, National Assembly, Provincial Assemblies and Azad Jammu & Kashmir Assembly to move resolutions condemning threats by Shiv Sena terr

People of Mastoi tribe including women and children staged a demonstration in front of Multan Press Club on Monday against high handedness of a gang of kidnappers for ransom and appealed to the higher authorities to protect their lives and property.

Punjab Chief Minister Muhammad Shahbaz Sharif undertook an eight-hour visit of district Rahimyar Khan on Monday. He inaugurated a road at nearby village of Rahim Yar Khan constructed under "Pakian Sarkan-Sokhay Painday" and laid foundation stone of constr

Pakistan Muslim League-Q (PML) senior central leader and former Deputy Prime Minister Chaudhry Parvez Elahi has claimed majority in tehsil Gujrat, Kunjah and Talagang in LG polls. On behalf of the PML-Q leadership he thanked the party supporters who as he

The Punjab minister for sports and education has unveiled preparations for the Punjab Youth Festival 2016 with the final schedule to be announced shortly. Minister Rana Mashhood Ahmed Khan speaking at a press conference at the National Hockey Stadium on M

Gold hit a four-week low on Monday, extending a sell-off into a fourth straight session as technical signals deteriorated and investors fretted that the Federal Reserve would raise US interest rates this year.

This is apropos to "GB seeks share of CPEC pie" carried by Business Recorder on Sunday. According to the report, the government of Gilgit-Baltistan has urged the federal government to initiate some development projects for the territory under China

The dramatic fall in global poverty over the past two decades is the best news in the world today. For the first time ever, the percentage of people living in extreme poverty - now defined as living on less than $1.90 a day - is projected to fall below 10

His Royal Highness Sir Sultan Mohamed Shah, Aga Khan III was among the great visionary leaders that changed the fate of Muslims in the sub-continent. He not only helped preserve an identity but also uplifted the quality of life in terms of education and e

A decade after the disastrous 2005 earthquake, on October 26 Pakistan's northern areas experienced another massive earthquake, which measured 7.7 on the Richter scale. Fortunately though, the earthquake's epicentre was 200 miles below earth's surface comp

That Pakistan happens to be one of the deadliest countries for journalists is not news anymore. And that Pakistan continues to be on the list year after year is a sad affair, one that requires immediate measures from all stakeholders concerned - and not t

A unanimous approach of all 'stakeholders' to bring back the angry Baloch youth into the national mainstream is paying dividends. For the past several months, insurgents from different groups have been surrendering arms before the provincial government. A

According to a Business Recorder exclusive, the National Accountability Bureau (NAB) has given safe passage to the influential officials of National Fertiliser Marketing Limited (NFML) allegedly involved in the 1.6 billion rupee urea scam and inste

Chile is not planning to cut mining taxes to attract foreign investment and Codelco, the world's top copper producer, is not planning output cuts to support a market vital to the local economy, Chile's mining minister said on Tuesday. Chile has set up an

Shanghai Futures Exchange copper fell 0.5 percent to 38,590 yuan ($6,081) a tonne on Monday, having also struck its weakest since late September. China's factory activity faltered last month, raising concerns that successive easing measures in the world's

Copper prices touched a one-month low on Monday as weak manufacturing data from China reinforced concerns about demand in the world's top user, but later recovered as the market noted stronger export orders and a lower dollar. Benchmark copper on the Lond

Oil prices fell on Monday after soft Chinese factory data raised worries about energy demand in the No 2 economy, while record high Russian crude output suggested little easing in the global supply glut. Also pressuring crude futures were lower prices for

Ukraine's agriculture ministry and traders have reached a preliminary agreement to export no more than 16.5 million tonnes of wheat from the country in the 2015/16 July-June season, UkrAgroConsult said on Monday. Ukraine and grain traders sign a memorandu

The following were Monday's Rotterdam vegetable oil prices at 1700 GMT:

The following were Monday's Rotterdam vegetable oil prices at 1700 GMT:

Benchmark Tokyo rubber futures inched down on Monday after slack economic data in China fuelled fears the economy of the world's biggest rubber consumer may be still losing momentum in the fourth quarter despite a raft of stimulus measures. The Tokyo Comm

Malaysian palm oil reversed gains and snapped its uptrend on Monday evening as it fell on slowing demand and high stockpiles. The January benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange lost 1.5 percent to close the trading day 2,32

ICE raw sugar futures nudged close to an eight-month high on Monday, supported by Commitments of Trade (COT) data showing a smaller-than-expected increase in the net long position, while robusta coffee fell after first notice-day tender data. Cocoa hovere

Gold fell to its lowest level in four weeks on Monday, extending a sell-off into a fourth straight session as investors feared the Federal Reserve would hike US interest rates this year. The technical picture for gold has deteriorated, with traders warnin

Gold hit a four-week low on Monday, extending a sell-off into a fourth straight session as technical signals deteriorated and investors fretted that the Federal Reserve would raise US interest rates this year. The metal failed to benefit from a fall in th

The world's biggest copper producer Codelco is bracing for a couple of difficult years as it slashes more costs and streamlines operations to prepare for further price weakness, its chairman said on Tuesday. All possibilities had to be considered to ensur

Chicago wheat futures fell nearly 3 percent on Monday as rain in dry US areas encouraged the market to stay within its trading range after weather worries drove prices to a three-week high. Traders were awaiting US government crop data later on Monday to

The weather report on Monday (November 02, 2015) and the forecast for Tuesday (November 03, 2015).

Iran said on Monday it would quit Syria peace talks if it found them unconstructive, citing the "negative role" of Saudi Arabia, in the latest twist in a spat between the regional rivals that bodes ill for efforts to ease turmoil across the Middle East. I

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (November 02, 2015).

Iran said on Monday it would quit Syria peace talks if it found them unconstructive, citing the "negative role" of Saudi Arabia, in the latest twist in a spat between the regional rivals that bodes ill for efforts to ease turmoil across the Middle East. I

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (November 02, 2015).

The Establishment Division has re-circulated its first recruitment policy for federal government services, autonomous bodies and corporations with directive to follow these in true spirit. According to an official handout, the policy in pursuance of the E

Official KCA spot rates for local dealings in Pakistan rupees on Monday (November 02, 2015).

The Establishment Division has re-circulated its first recruitment policy for federal government services, autonomous bodies and corporations with directive to follow these in true spirit. According to an official handout, the policy in pursuance of the E

Karachi Yarn Market Rates on Monday (November 02, 2015).

The Establishment Division has re-circulated its first recruitment policy for federal government services, autonomous bodies and corporations with directive to follow these in true spirit. According to an official handout, the policy in pursuance of the E

Karachi Yarn Market Rates on Monday (November 02, 2015).

The Establishment Division has re-circulated its first recruitment policy for federal government services, autonomous bodies and corporations with directive to follow these in true spirit. According to an official handout, the policy in pursuance of the E

Cotton yarn rates in rupees per 10 Lbs on Monday (November 02, 2015).

Muttahida Qaumi Movement (MQM) Senators on Monday withdrew their resignations and returned to the upper house of Parliament. Chairman Senate Raza Rabbani said that the MQM senators had withdrawn their resignations even before the process of their acceptan

Cotton yarn rates in rupees per 10 Lbs on Monday (November 02, 2015).

Muttahida Qaumi Movement (MQM) Senators on Monday withdrew their resignations and returned to the upper house of Parliament. Chairman Senate Raza Rabbani said that the MQM senators had withdrawn their resignations even before the process of their acceptan

Grain and other commodity rates in rupees on Akbari Mandi on Monday (November 02, 2015)

Pakistan Electronic Media Regulatory Authority (Pemra), the electronic media watchdog has banned the coverage of proscribed organisation including Lashkar-e-Tayyaba (LT), Jamat-ud-Dawa (JuD) and Falah-e-Insaniat Foundation (FIF) completely. However under

Paper market rates in rupees on Monday (November 02, 2015).

Pakistan Electronic Media Regulatory Authority (Pemra), the electronic media watchdog has banned the coverage of proscribed organisation including Lashkar-e-Tayyaba (LT), Jamat-ud-Dawa (JuD) and Falah-e-Insaniat Foundation (FIF) completely. However under

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (November 02, 2015).

Prime Minister Nawaz Sharif on Monday launched the compensation process for the earthquake-hit families of Khyber Pakhtunkhawa for their early rehabilitation, what he resolved, would be accomplished before the winter turns harsh. Addressing the gatherings

Karachi grain market rates in rupees on Monday (November 02, 2015).

Prime Minister Nawaz Sharif on Monday launched the compensation process for the earthquake-hit families of Khyber Pakhtunkhawa for their early rehabilitation, what he resolved, would be accomplished before the winter turns harsh. Addressing the gatherings

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (November 02, 2015).

The Ministry of Petroleum and Natural Resources has reconstituted Board of Management (BoM) of Pakistan State Oil (PSO), which was dissolved following petrol crisis in January, 2015. Well-placed sources in the Ministry of Petroleum told Business Record