islamabad - Islamabad Chamber of Commerce and Industry President Zafar Bakhtawari has said there is a dire need to formulate prudent economic policies with consultation of business community.He said this while talking to Tahir Iqbal Chaudhary, newly elected member National Assembly from District ...

All political clans who were part of ruling collaboration (2008-13) are being targeted. They had all the administrative and legislative powers, during last five years; they had police, Frontier Corps, armed forces and security services at their disposal. Was this not long enough a period to root ...

KARACHI  – Pakistan’s first private hydropower IPP established by Hub Power Company (Hubco) has commenced commercial operations. An announcement here on Monday said that Pakistan and AJK’s first private Independent Power Producer (IPP) Laraib Energy Limited, the 84MW New ...

As the government ordered inspection of planes operated by private airlines, the Civil Aviation Authority (CAA) Monday said that all private aircrafts would not be grounded at once.The Defence Ministry of Pakistan on Sunday mandated that all airplanes operated by private airlines must undergo a new ...

US ambassador to Pakistan Cameron Munter has said loans secured by the government have affected development in private sector. US ambassador said this while addressing members of Karachi Stock Exchange and later talking to media men here on Monday. He went on to say that tax to GDP ratio in ...

Moving to enforce a pledge that has rattled Afghanistan's foreign community, President Hamid Karzai has begun dissolving the Afghan operations of private security companies, including the firm formerly known as Blackwater, the government announced Sunday. Karzai caught Western officials by surprise ...

With the collusion of some officials of Cantt Board Rawalpindi, the installation of private tube wells has been disclosed in Naseerabad and adjoining areas of Cantonment. The public and social circles of the area have alleged that some influential people have sunk private tube wells and water is ...

The Punjab Education Foundation has started a departmental inquiry against the management of Al-Mairaj Public School, Bund Road, Lahore for receiving price of text-books, provided by Punjab Education Foundation free of cost, from its students. According to Spokesman PEF, the PEF management has ...

A senior American defence official is under investigation after boasting to colleagues that he had operated a maverick network of private security contractors to gather intelligence on al-Qaeda and Taliban militants. Michael Furlong allegedly told colleagues that his group of contractors in ...

Sindh budget for the fiscal year, 2009-10 still in printing process in a private press, a private TV reported. According to the sources Sindh budget for the fiscal year, 2009-10 is still in printing process in a private press instead of Govt Press. Provincial finance minister Ayaz Soomro raid the ...

Private sector loans during the current fiscal year plummeted by over six-times depicting the slowdown impacts in countrys economy more visible. State Bank of Pakistan (SBP) released figures said that the volume of new loans to private sector during July 2008 to April 18, 2009 amounted to Rs55.43 ...

A private security company took control of Islamabad Marriottt hotel after investigation and rescue operation was concluded here on Tuesday. Meanwhile, renovation work of gutted structure continued for second straight day in order to give it a better look for temporary period while the government ...

President Asif Ali Zardari will leave on a four-day private visit to Dubai and United Kingdom Friday, official sources said. President Zardari is to be back home before his address to the joint sitting of the Parliament, likely on Sept 19, the sources added.  

Iran has hanged a woman and four men for murder and a fifth man for drug trafficking, reports said on Thursday. The five executions for murder were carried out on Wednesday in the capital's Evin prison, the government daily Iran reported. The woman, identified only by her first name Shabnam, was ...

A moderate 5.1-magnitude earthquake rattled the Tokyo region on Friday, the Japan Meteorological Agency said. There were no immediate reports of damage. The tremor struck 50 kilometres (30 miles) underground at 7:59 pm (local time) in the Pacific Ocean just off the coast of Ibaraki prefecture, ...