BusinessLAHORE - The Lahore Stock Exchange (LSE) remained bearish with a further decline in the volume. The LSE 25-index lost 29.67 points to close at 3,723.53 against its opening at a level of 3,753.20. Out
NATIONALISLAMABAD - The Islamabad High Court (IHC) on Wednesday issued contempt of court notice to Zari Taraqaiti Bank Limited (ZTBL) President, Zaka Ashraf, and summoned him on February 21 over his failure to comply with a court order regarding release of salary to a senior official.<br />A single bench of IHC comprising Justice Muhammad Anwar Khan Kasi heard petition filed by ZTBL Assistant Vice President Gazanfar Ali. The petitioner, through his counsel, told the court that the ZTBL
BusinessISLAMABAD - The volume of messages will double to 10 trillion by 2013, around the world, as Short Message Service (SMS) being used by four billion mobile users, who send five trillion messages in 2009
NATIONALISLAMABAD - Former president Pervez Mushrraf's lawyer on Wednesday denied media reports that Musharraf would record his statement with the Federal Investigation Agency (FIA) after the agency declared
NATIONALGUJRANWALA - Three low intensity bomb explosions rocked Gujranwala on Wednesday, with the targets being a police station, an office of a senior police official and the police barracks. The first bomb targeted the office of the Central Investigation Agency followed by one targeting the office of the regional police officer shortly before 7am. <br />The blasts damaged outer walls and created craters. The third blast, which was comparatively of greater intensity, rocked the residence of
NATIONALISLAMABAD - The government on Wednesday shared its plans for expenditure cuts with the PML-N team by disclosing that it planned to halve the increase in salaries of government employees in this year's
NATIONALISLAMABAD - Heading a four-member Supreme Court bench on Wednesday, Chief Justice of Pakistan (CJP) Iftikhar Muhammad Chaudhry observed that Pakistan was a sovereign state with a potential to foil any
LAHORELAHORE - The USAID funded Pre-STEP program sponsored a Strategic Planning workshop, which concluded at Pearl Continental Hotel on Wednesday. The workshop was the first in a series of other related act
ForeignCAIRO - Egypt's increasingly isolated regime, once disdainful of the media, has launched a charm offensive in a bid to sap the momentum of massive protests calling for President Hosni Mubarak's overth
Pakistan is facing street begging at an alarming ratio. The country is suffering from poverty which has forced hundreds of people to commit suicide, forced women to sell out their children and forced youngsters to leave their homes and start begging. According to a latest survey, a large number of our people are living under poverty line earning less than Rs 4000 per month, which makes it very difficult for a person to live a reasonable life. On the contrary a street beggar is earning
BusinessLAHORE - Government deficits, lack of both economic vision and political will are major challenges the country is facing on the economic front. Regulators have failed to make a tangible difference as
BusinessISLAMABAD - A seminar, jointly organised by the Board of Investment (BOI) and Malaysian Industrial Development Authority (MIDA) of Malaysia on investment opportunities in Pakistan, will be held in Kua
