It is quite customary for heads of state to congratulate when someone wins in democratic elections. After Nawaz Sharif won, with a large majority US President Mr Barack Hussein Obama sent his felicitations, which was not out of the usual, but Pakistan has been enslaved by the US dominance for more ...

A senior Defense Department official said Thursday that the Pentagon sees no need to change the broad congressional authorization under which the military conducts lethal drone strikes against terrorist targets and estimated that the war with al-Qaeda could continue for up to two decades, said a ...

ISLAMABAD - A delegation of Islamabad Chamber of Commerce & Industry (ICCI) led by its President, Zafar Bakhtawari visited the Oil and Gas Development Company (OGDC) for having a meeting with Riaz Ahmed Khan, Managing Director OGDC for discussing current energy situation in the country. ...

LAHORE - The Pakistan Sugar Mills Association has appreciated the PML-N chief Mian Nawaz Sharif over his overwhelming victory in the elections 2013 in centre as well as in Punjab, hoping the new government will work for increasing exports particularly of sugar, which has great potential in the ...

aylesbury - The Group of Seven advanced economies smoothed over US-European differences at a weekend meeting on how to balance deep austerity measures with ways to support fragile growth.G7 finance ministers and central bank governors also pledged Saturday their commitment to tackling tax evasion ...

lahore -  salman abduhu - There have been 25 major changes by the govt in auto policy in the country during last five years which hamper the growth in the industry, creating uncertainty due to which the industry is compelled to pull off expansion plans and further investments while ...

LONDON : Caretaker Federal Minister for Industries and Production, Shahzada Ahsan Ashraf Sheikh has stressed the need for regular policy for manufacturing of fertilizers, keeping in view the necessities of the country.Addressing a reception during his visit to National Fertilizers Corporation ...

LAHORE – The business community on Friday expressed dismay at the State Bank of Pakistan for keeping the policy rate intact and strongly called for a downward revision to 8pc to encourage new investments and revive trade and industry.They said that the availability of cheaper money is ...

KARACHI - State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 9.5 per cent. The decision was taken by the Central Board of Directors of SBP at its meeting held here with Governor Yaseen Anwar in chair on Friday.The decision to keep the policy rate unchanged was taken in ...

LAHORE : District Coordination Officer Rizwan Mehboob has said that the district administration has launched a new policy for sheesha cafes under which sealed cafes will not be de-sealed. Presiding over a meeting on Thursday, the DCO said sheesha smoking would not be allowed as the youth is asset ...

State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 9.5 percent. The decision was taken by the Central Board of Directors of SBP at its meeting held under the chairmanship of Governor, Mr. Yaseen Anwar in Karachi Friday.The decision to keep the policy rate unchanged was ...

FAISALABAD - In a meeting held with Pakistan Ambassadors designate to Thailand, Uzbekistan and Cambodia, Faisalabad Chamber of Commerce and Industry has suggested that trade and specifically textile exports should be the central point of Pakistan’s foreign policy and the diplomats should ...

LAHORE - The textile industry on Wednesday called for regionally competitive interest rates, urging the State Bank of Pakistan, which is announcing its key policy rate on Friday, to bring discount rate down to 8 per cent to counter weak growth and revive fresh, private investment in the economy to ...

ISLAMABAD - Senate Standing committee on National Regulation and Services (NR&S) directed Drug Regulatory Authority of Pakistan (DRAP) to finalise pricing policy at earliest to ensure provision of quality medicines at reasonable rates.Chairing the committee meeting here on Wednesday, Senator ...

ISLAMABAD - Minister for Information & Broadcasting Arif Nizami, called on Prime Minister Mir Hazar Khan Khoso at the Prime Minister’s House on Tuesday afternoon and discussed the media policy to be pursued by the caretaker government.Talking to Minister Information, the Prime Minister ...

=ISLAMABAD– Hearing the case pertaining to the missing prisoners of Adiala jail, the Supreme Court said that it cannot formulate any political policy.A three-member bench of the apex court, headed by Chief Justice Iftikhar Muhammad Chaudhry, resumed hearing of the missing prisoners of Adiala ...

A present day farmer is struggling to eke out an existence, even though ironically he is the one who feeds the society at large. This is a poor reflection on the state where agriculture is the mainstay of economy. Consequently, a trend of migration to urban areas is picking up pace given the harsh ...

BOAO, China - The head of the International Monetary Fund hailed Japan's unprecedented monetary policy boost this week as a welcome support for a world economy that she said has improved from a year ago.Christine Lagarde said on Sunday the radical $1.4 trillion stimulus from the Bank of Japan (BoJ) ...

CJP Iftikhar Muhammad Chaudhry has acceded to the request of the Election Commission of Pakistan to grant relaxation in the National Judicial Policy.In his letter(s) addressed to the District & Sessions Judges, Additional District & Sessions Judges and Senior Civil Judges/Civil Judges, ...

PESHAWAR - Caretaker Minister for Culture Khyber Pakhtunkhwa Mussarat Qadeem has said that efforts were under way to finalize cultural policy of the province and if needed an ordinance could also be promulgated in this regard as culture is the very identity of a nation. However, she said that ...

ISLAMABAD - A Cabinet committee, mandated with a task to issue the policy guidelines for Oil and Gas Regulatory Authority (OGRA), Monday failed to formulate its final report in this regard. Federal Law Minister Farooq H Naek chaired the meeting of Cabinet committee on the issue of policy guidelines ...

ISLAMABAD – Policy-level talks between Pakistan and International Monetary Fund (IMF) under Post Programme Monitoring would start from tomorrow (Thursday), as technical talks under PPM concluded here on Tuesday.Pakistan and IMF held technical level talks in Islamabad under Post Programme ...

ISLAMABAD  - Adviser to Prime Minister on Petroleum and Natural Resources Dr Asim Hussain has said that recently announced petroleum policy is the most comprehensive one ever formed to address Pakistan’s energy crisis.He said this while inaugurating the operational block of the recently ...

ISLAMABAD - Public Accounts Committee on Wednesday ruled that policy of allotting plots to federal government employees was not fair; rather it is discriminatory and bogus. “We want distribution of plots to government employees on equal basis which can only be ensured by adopting ...

ISLAMABAD – The Ministry of Capital Administration and Development has finalised the policy on rights of senior citizens in Pakistan and assured to present the senior citizens bill in parliament soon. The policy will be finalised at the consultation workshop and Ministry of CAD will initiate ...

FAISALABAD - The violence against journalists, women workers, religious, sectarian and ethnic minorities must be stopped. The state must clearly announce and implement its policy to stamp out violence sparked by ethnicity, race and creed, and promote peace, tolerance and harmony in Pakistan. The ...

LAHORE - The recent reduction in discount rate by 150bps has lowered the debt of the Fecto Cement Limited to $15 per ton which is 20 per cent lower than debt/ton of other cement companies excluding big companies like DGKC, MLCF and FCCL. Experts said that comfortable debt position plus improvement ...

ISLAMABAD- Pakistan has promulgated policy guidelines to regulate the export of conventional arms and ammunition, Foreign Office said on Tuesday.The statement issued by Foreign Office said this initiative reflects the abiding commitment of Pakistan to advance the goals of peace and security, ...

  KARACHI  - Dr Rukhsana Jabeen, secretary general of Jamaat-e-Islami’s women wing has urged the policy makers to follow the Islamic principles of economics as laid down in the sharia.Addressing the JI women workers on Thursday, she said the country could not gain economic ...

LAHORE - Business Forum Punjab (BFP) has supported a pro-trade policy not only with India, but with the whole South Asian region. It said that 90 percent of our trade takes place outside the region against an ideal situation of 2/3rds trade within regional partners. “However, we need to ...