Karachi: The State Bank of Pakistan (SBP) has accepted bids of worth PkR 119.224bn with a realized amount of PkR 105.611bn for the sale of 3 months, 6 months and 12 months Market Treasury Bills (MTBs). According to Alfalah Securities, the cut-off yields have remained unchanged for the 3-month, 6 …

Islamabad: President Asif Ali Zardari has felicitated Ms. Nafeesa Shah, PPP MNA, on her election as Vice Chairperson of the Commonwealth Parliamentary Association (CPA). Ms. Nafeesa Shah was recently elected unanimously by the executive Committee of the CPA for a term of one year. Nearly 170 parliaments and provincial and …

Rawalpindi: A US congressional delegation comprising four US Senators, headed by Robert Patrick Casey, a senior Senator from Pennsylvania, called on the Defence Minister, Ch. Ahmad Mukhtar at Ministry of Defence today. After extending a warm welcome to the US delegation, the Defence Minister highlighted significant role of Pakistan and …

Islamabad: Dr Umar Saif, a Professor at Lahore University of Management Sciences (LUMS) has just become the first Pakistani to be recognised as one of the top 35 innovators of the world. The MIT Technology Review has named him as one of their 35 ‘World’s Top Young Innovators for the …

Islamabad: The Federal Cabinet in its meeting held on 24th August, 2011 has decided that Juma-tul-Wida, falling on 26th August, 2011 shall be observed throughout the country and special prayers would be offered for solidarity of Pakistan and peace in Karachi, says a press release issued here today by the …

Islamabad: The IT industry in Pakistan has grown significantly in the recent years due to the investment friendly policies and incentives of the Government. Pakistan Software Export Board (PSEB) has consistently encouraged domestic IT events for the positive projection of the Pakistan IT industry in local and international markets. Pakistan’s …

Beijing: Federal Minister and Chairperson Benazir Income Support Programme (BISP), Madame Farzana Raja during her visit to China, held a meeting with Chinese Minister of Civil Affairs Mr. Luo Pingfei here in Beijing. Pakistan’s Ambassador to China Mr. Masood Khan was also present in the meeting. During the meeting, both …