Islamabad: The Honourable Chief Justice of Pakistan Mr. Justice Iftikhar Muhammad Chaudhary took notice on a note initiated by Honourable Mr. Justice Tassaduq Hussain Jillani, Judge Supreme Court of Pakistan regarding the news of the death of more than 90 heart patients under treatment in the Punjab Institute of Cardiology …

Karachi: Indonesian Consulate General in Karachi organized an informal dialogue on Indonesian Visa Policy to discuss the policy with travel and tour operators at a local hotel. Mr. Rossalis R. Adenan, Consul General of Indonesia said on this occasion that Pakistan and Indonesia both have excellent and long-standing brotherly relations. …

Islamabad: Motorway Police in a successful operation on Sunday morning recovered a kidnapped industrialist near Kalar Kaha who was kidnapped from Lahore. According to details, a renowned industrialist, Mr. Feroz was kidnapped from Lahore and Punjab Police informed the Motorway Police about this incident. It was also informed that the …

Islamabad: Capital Development Authority (CDA) would spend Rs. 257 million on development of Ankra Park on the Club Road and is pursuing a comprehensive and integrated programme or the up gradation and provision of quality entertainment facilities in the other parks of the city as part of its efforts for …

Karachi: In terms of 2011 is likely to be a record year for fertilizer manufacturers’ profitability, however as for offtake, both urea and DAP sales fell for a second year in succession. According to AKD Securities, Urea offtake in CY11 was down 3%YoY to 5.9mn tons while DAP sales were …

Karachi: The State Bank of Pakistan (SBP) injected PKR 274.15 billion into the banking system on Friday through reverse repo open market operations in government T-bills and PIBs for seven days at 11.52% annual return. According to Alfalah Securities Limited, The SBP has injected liquidity into the banking system on …

Karachi: The State Bank of Pakistan (SBP) in its 1QFY12 report has indicated that the government is likely to fall short of its 4.7% fiscal deficit target for the current financial year (FY12) owing to concerns over adequate revenue collection from taxes, high government expenditure, lack of funding from external …