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Print - 2007-11-21
USEFP sets up sub-office at UAF

USEFP sets up sub-office at UAF

United States Educational Foundation in Pakistan (USEFP) has established a sub-office (information desk) at University of Agriculture, Faisalabad (UAF) to facilitate the students who intends to get admission in US universities.
Published 21 Nov, 2007 12:00am
Mega project of Rs 5.93 billion for UET approved

Mega project of Rs 5.93 billion for UET approved

The Executive Committee of National Economic Council (NEC) has approved Rs 5.93 billion for the mega project announced by President General Pervez Musharraf for the University of Engineering & Technology (UET) Lahore, Faisalabad, Kala Shah Kaku and Gujran
Published 21 Nov, 2007 12:00am
National conference on Quaid's vision of Pakistan held

National conference on Quaid's vision of Pakistan held

The Vice Chancellor University of Sindh Mazharul Haq Siddiqui said that Quaid-e-Azam Muhammad Ali Jinnah was great leader with the high qualities of liberal, tolerant and lover of freedom.
Published 21 Nov, 2007 12:00am
Commencement day at Baqai University

Commencement day at Baqai University

The commencement day in honour of newly admitted students of 21st batch of MBBS, 18th batch of BDS, 13th batch of Pharm.D and 16th batch of MPH faculties of Baqai Medical University was held at the Saeeda Auditorium here on Tuesday.
Published 21 Nov, 2007 12:00am
HEC to implement Oracle's PeopleSoft Campus Solutions

HEC to implement Oracle's PeopleSoft Campus Solutions

The Higher Education Commission of Pakistan (HEC) recently signed an agreement with Oracle partner, Techlogix, to implement Oracle's PeopleSoft Campus Solutions at its affiliated universities. Initially, six out of the 74 public sector universities funded
Published 21 Nov, 2007 12:00am
Class XI Pre-Medical results announced

Class XI Pre-Medical results announced

The Board of Intermediate Education Karachi (BIEK) on Tuesday announced the results of Class XI (Pre-Medical Group) annual examinations 2007. According to statistics, 14,946 candidates appeared in the examinations and of these 7,070 were declared successf
Published 21 Nov, 2007 12:00am
Girls school in Bararkot inaugurated

Girls school in Bararkot inaugurated

Chairman Earthquake Rehabilitation & Reconstruction Authority (ERRA) Altaf Muhammad Saleem inaugurated newly reconstructed building of Government Girls Primary School Bararkot in union council Garhi Habib Ullah, District Mansehra here Tuesday.
Published 21 Nov, 2007 12:00am
HEC revises Pakistan Studies syllabus

HEC revises Pakistan Studies syllabus

The Higher Education Commission (HEC) on Tuesday constituted a special Curriculum Revision Committee (CRC) for Pakistan Studies to revise the syllabus.
Published 21 Nov, 2007 12:00am
Lawyers continue hunger strike

Lawyers continue hunger strike

Lawyers of Multan Bar Association on Tuesday continued their hunger strike and protest against imposition of state of emergency and closure of private TV channels.
Published 21 Nov, 2007 12:00am
Making auto-parts: Paapam seeks raw materials uninterrupted supply

Making auto-parts: Paapam seeks raw materials uninterrupted supply

The Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam) will prepare a comprehensive report on demand for raw materials, including steel billets of SAE 1045/1044 grades, foundry grade pig iron and hard coke for manufacturing of a
Published 21 Nov, 2007 12:00am
US envoy meets Fazl

US envoy meets Fazl

The US ambassador to Pakistan met with the leader of Muttahida-Majlis-i-Amal (MMA), Maulana Fazlur Rehman on Tuesday, the embassy said, in the latest in a series of encounters with the country's opposition leaders. Anne Patterson met Maulana Fazlur Rehman
Published 21 Nov, 2007 12:00am
Major opposition parties reject election schedule

Major opposition parties reject election schedule

Major anti-Musharraf political parties on Tuesday rejected the announcement of the schedule for parliamentary polls, saying that free and fair elections were not possible under emergency rule.
Published 21 Nov, 2007 12:00am
The Weather

The Weather

The weather report on Tuesday (November 20, 2007) and the forecast for Wednesday (November 21, 2007).
Published 21 Nov, 2007 12:00am
Major opposition parties reject election schedule

Major opposition parties reject election schedule

Major anti-Musharraf political parties on Tuesday rejected the announcement of the schedule for parliamentary polls, saying that free and fair elections were not possible under emergency rule.
Published 21 Nov, 2007 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 21 Nov, 2007 12:00am
Smeda asked to add cottage industry in its plan

Smeda asked to add cottage industry in its plan

Federal Caretaker Industries Production and Special Initiatives Minister Salmaan Taseer has advised the Small and Medium Enterprise Development Authority (Smeda) to include cottage industry in its development plans. He stated this while commenting on a pr
Published 21 Nov, 2007 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 21 Nov, 2007 12:00am
Cabinet takes note of US and EU stance on emergency

Cabinet takes note of US and EU stance on emergency

The caretaker Cabinet has been sounded that the United States and European Union (EU) might cut defence aid to Pakistan if clear timeline was not given to lift emergency, official sources told Business Recorder.
Published 21 Nov, 2007 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Published 21 Nov, 2007 12:00am
Cabinet takes note of US and EU stance on emergency

Cabinet takes note of US and EU stance on emergency

The caretaker Cabinet has been sounded that the United States and European Union (EU) might cut defence aid to Pakistan if clear timeline was not given to lift emergency, official sources told Business Recorder.
Published 21 Nov, 2007 12:00am
US welcome detainees' release

US welcome detainees' release

The White House on Tuesday said Pakistan's release of more than 3,000 prisoners jailed under emergency rule, if confirmed, would be good news. "You are informing me of the release so, to the extent that I haven't been able to check that out, obviously tha
Published 21 Nov, 2007 12:00am
Government releasing detained protestors: Cheema

Government releasing detained protestors: Cheema

The government has started releasing more than 5,000 anti-Musharraf protesters detained after emergency declaration earlier this month, a top official said. The move comes as an indication the weakening military ruler may roll back his November 3 decision
Published 21 Nov, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (November 20, 2007).
Published 21 Nov, 2007 12:00am
Pakistan to send relief goods to Bangladesh

Pakistan to send relief goods to Bangladesh

Pakistan is immediately sending two C-130 planes of relief goods to Bangladesh for the vulnerable people of the country devastated by a recent cyclone. Two more C-130 planes, carrying a 30 bed field hospital, will leave for Dhaka on November 23, while a s
Published 21 Nov, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (November 20, 2007) and for Wednesday (November 21, 2007).
Published 21 Nov, 2007 12:00am
Musharraf visits Saudi Arabia, 'wants Nawaz reined in'

Musharraf visits Saudi Arabia, 'wants Nawaz reined in'

President Pervez Musharraf held talks with Saudi leaders on Tuesday during his first trip abroad since imposing emergency rule and reportedly asked them to rein in ex-premier Nawaz Sharif, exiled in Saudi Arabia.
Published 21 Nov, 2007 12:00am
Musharraf visits Saudi Arabia, 'wants Nawaz reined in'

Musharraf visits Saudi Arabia, 'wants Nawaz reined in'

President Pervez Musharraf held talks with Saudi leaders on Tuesday during his first trip abroad since imposing emergency rule and reportedly asked them to rein in ex-premier Nawaz Sharif, exiled in Saudi Arabia.
Published 21 Nov, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Tuesday (November 20, 2007).
Published 21 Nov, 2007 12:00am
Workshop

Workshop

The Financial Markets Association of Pakistan is organising a workshop for its members on 'Uses of VAR as risk management measure for forex & money markets," to be conducted by Jawad Ahmed Farid, Chief Executive, ALCHEMI on Thursday, November 22 at a loca
Published 21 Nov, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Tuesday (November 20, 2007).
Published 21 Nov, 2007 12:00am
NAB chalks out plan to celebrate Anti-corruption Day

NAB chalks out plan to celebrate Anti-corruption Day

The National Accountability Bureau (NAB) has chalked out a plan to celebrate Anti-corruption Day by organising seminars and holding poster competition for youngsters in the metropolis.
Published 21 Nov, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Tuesday (November 20, 2007).
Published 21 Nov, 2007 12:00am
Justice Allama Khalid takes oath

Justice Allama Khalid takes oath

Chief Justice of Pakistan, Justice Abdul Hameed Dogar administered oath to Justice Allama Khalid Mahmood as ad-hoc member of Shariat Appellate Bench of Supreme Court here in the Supreme Court on Tuesday.
Published 21 Nov, 2007 12:00am
Musharraf is a noble man: Attorney-General

Musharraf is a noble man: Attorney-General

President General Musharraf is a noble man, otherwise he would not have tolerated the 'retired' judges of the Supreme Court to write judgements which were null and void in law, said Attorney-General Malik Mohammad Qayyum here on Tuesday.
Published 21 Nov, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 20, 2007).
Published 21 Nov, 2007 12:00am
Profile of Dewan Yousuf Farooqi

Profile of Dewan Yousuf Farooqi

Caretaker Finance Minister of Sindh, Dewan Mohammed Yusuf Farooqi has become the minister in Sindh cabinet for the second time. He was the minister in Sindh provincial government for Industries, Labour, Transport, Mines & Mineral Development, Local Govern
Published 21 Nov, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 20, 2007).
Published 21 Nov, 2007 12:00am
Faiz remembered on November 23 death anniversary

Faiz remembered on November 23 death anniversary

Lovers of Faiz Ahmed Faiz on Tuesday remembered him on his 23rd death anniversary. However, journalists remembered the renowned Urdu poet as they marched reciting his famous verse 'Bol ke lab azzad hain terey' ahead of their demonstration before the RIUJ
Published 21 Nov, 2007 12:00am
FPCCI hails caretakers setup

FPCCI hails caretakers setup

The Federation of Chambers of Commerce and Industries (FPCCI) attaches great hopes with the caretakers setup and strongly believes that it will come up to the expectations of the people for a free, fair and transparent general elections.
Published 21 Nov, 2007 12:00am
Pakistanis in Saudi Arabia want peace

Pakistanis in Saudi Arabia want peace

The Pakistanis living in Saudi Arabia are looking forward to the return of peace and tranquillity in Pakistan and the holding of general elections in the country in an atmosphere of peace and good law and order, a correspondent reports.
Published 21 Nov, 2007 12:00am
THE RUPEE: intervention rescues rupee

THE RUPEE: intervention rescues rupee

Second intervention in a month, helped the rupee to come out of the weak position, minimising its losses against dollar in the interbank market on Tuesday as the period of two weeks of imposition of emergency has completed, money experts said.
Published 21 Nov, 2007 12:00am
World performing arts festival starts

World performing arts festival starts

World Performing Arts Festival 2007, organised by the Rafi Peer Theatre Workshop, has opened here on Tuesday, which has brought together artists from all over the world to celebrate their art.
Published 21 Nov, 2007 12:00am
THE RUPEE: intervention rescues rupee

THE RUPEE: intervention rescues rupee

Second intervention in a month, helped the rupee to come out of the weak position, minimising its losses against dollar in the interbank market on Tuesday as the period of two weeks of imposition of emergency has completed, money experts said.
Published 21 Nov, 2007 12:00am
PPP slams journalists' arrests

PPP slams journalists' arrests

Pakistan Peoples Party's Information Secretary, Sherry Rehman has condemned the arrests of 175 journalists in Karachi. The use of brutal force against journalists was both shocking and atrocious, she said adding every passing day the regime throws a new s
Published 21 Nov, 2007 12:00am
Asean leaders sign charter, to create economic bloc

Asean leaders sign charter, to create economic bloc

Ten Southeast Asian leaders signed a historic charter on Tuesday that aims to create an economic bloc encompassing a half-billion people, but controversy over Myanmar threatened to spoil the Asean party.
Published 21 Nov, 2007 12:00am
150 more hosiery units feared to stop production

150 more hosiery units feared to stop production

The knitted hosiery apparel sector sources on Tuesday expressed fear that another 150 units may completely stop production due to soaring prices of cotton yarn and increasing cost of production throughout the country.
Published 21 Nov, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (November 20, 2007).
Published 21 Nov, 2007 12:00am
150 more hosiery units feared to stop production

150 more hosiery units feared to stop production

The knitted hosiery apparel sector sources on Tuesday expressed fear that another 150 units may completely stop production due to soaring prices of cotton yarn and increasing cost of production throughout the country.
Published 21 Nov, 2007 12:00am
150 more hosiery units feared to stop production

150 more hosiery units feared to stop production

The knitted hosiery apparel sector sources on Tuesday expressed fear that another 150 units may completely stop production due to soaring prices of cotton yarn and increasing cost of production throughout the country.
Published 21 Nov, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 21 Nov, 2007 12:00am
Investors urge review of crude oil base price fixation

Investors urge review of crude oil base price fixation

Participants of a meeting held here at Board of Investment requested to review the base price fixation for crude oil in different zones, which has been capped at US dollar 45/bbl, to make the future investment in the exploration and production (E& P) sect
Published 21 Nov, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (November 20, 2007).
Published 21 Nov, 2007 12:00am
Investors urge review of crude oil base price fixation

Investors urge review of crude oil base price fixation

Participants of a meeting held here at Board of Investment requested to review the base price fixation for crude oil in different zones, which has been capped at US dollar 45/bbl, to make the future investment in the exploration and production (E& P) sect
Published 21 Nov, 2007 12:00am
Investors urge review of crude oil base price fixation

Investors urge review of crude oil base price fixation

Participants of a meeting held here at Board of Investment requested to review the base price fixation for crude oil in different zones, which has been capped at US dollar 45/bbl, to make the future investment in the exploration and production (E& P) sect
Published 21 Nov, 2007 12:00am
Crop re-insurance talks under way

Crop re-insurance talks under way

Talks are underway between insurance and re-insurance companies for launching the much-awaited crop loan insurance scheme (CLIS) of the State Bank of Pakistan (SBP).
Published 21 Nov, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 21 Nov, 2007 12:00am
Journalists protest curbs on media

Journalists protest curbs on media

On the call of the leadership of the Pakistan Federal Union of Journalists (PFUJ) the local journalists on Tuesday stage a protest demo against curbs on media in the country.
Published 21 Nov, 2007 12:00am
Thousands flee Shangla fighting, 19 dead

Thousands flee Shangla fighting, 19 dead

Thousands of people have fled Shangla in NWFP as security forces step up an offensive against pro-Taliban militants, witnesses and officials said on Tuesday, as fighting killed at least 19 people.
Published 21 Nov, 2007 12:00am
Thousands flee Shangla fighting, 19 dead

Thousands flee Shangla fighting, 19 dead

Thousands of people have fled Shangla in NWFP as security forces step up an offensive against pro-Taliban militants, witnesses and officials said on Tuesday, as fighting killed at least 19 people.
Published 21 Nov, 2007 12:00am
Commonwealth body urges Pakistan's suspension

Commonwealth body urges Pakistan's suspension

The Commonwealth's human rights arm on Tuesday called for Pakistan's suspension from the 53-nation bloc, saying that President Pervez Musharraf had significantly undermined basic rights. "Pakistan under Musharraf's emergency rule has no place in the Commo
Published 21 Nov, 2007 12:00am
Commonwealth body urges Pakistan's suspension

Commonwealth body urges Pakistan's suspension

The Commonwealth's human rights arm on Tuesday called for Pakistan's suspension from the 53-nation bloc, saying that President Pervez Musharraf had significantly undermined basic rights. "Pakistan under Musharraf's emergency rule has no place in the Commo
Published 21 Nov, 2007 12:00am
One-in-three chance of global 'growth recession': Deutsche

One-in-three chance of global 'growth recession': Deutsche

The chances of a global "growth recession" - where world growth dips to historical troughs below 2 percent - are about one in three next year, according to economists at Germany's biggest bank Deutsche Bank.
Published 21 Nov, 2007 12:00am
One-in-three chance of global 'growth recession': Deutsche

One-in-three chance of global 'growth recession': Deutsche

The chances of a global "growth recession" - where world growth dips to historical troughs below 2 percent - are about one in three next year, according to economists at Germany's biggest bank Deutsche Bank.
Published 21 Nov, 2007 12:00am
Canada inflation surprisingly weak

Canada inflation surprisingly weak

Canada's annual core inflation dipped below the Bank of Canada's 2 percent target in October for the first time in 16 months, fuelling market expectations the bank may cut interest rates as early as December. Statistics Canada said on Tuesday the core rat
Published 21 Nov, 2007 12:00am
Big payoffs eyed for antitrust whistleblowers

Big payoffs eyed for antitrust whistleblowers

Employees who report their companies for price-fixing should be rewarded with large cash payments, a current and a former antitrust official proposed on Tuesday. Under current law, both United States and the European Union give companies amnesty from fine
Published 21 Nov, 2007 12:00am
Pressure grows on Sarkozy as state workers join strike

Pressure grows on Sarkozy as state workers join strike

Pressure from the street against French President Nicolas Sarkozy''s programme of reforms intensified Tuesday as hundreds of thousands of state employees went on strike, joining a week-long stoppage by rail-workers.
Published 21 Nov, 2007 12:00am
Pressure grows on Sarkozy as state workers join strike

Pressure grows on Sarkozy as state workers join strike

Pressure from the street against French President Nicolas Sarkozy's programme of reforms intensified Tuesday as hundreds of thousands of state employees went on strike, joining a week-long stoppage by rail-workers.
Published 21 Nov, 2007 12:00am
Pressure grows on Sarkozy as state workers join strike

Pressure grows on Sarkozy as state workers join strike

Pressure from the street against French President Nicolas Sarkozy's programme of reforms intensified Tuesday as hundreds of thousands of state employees went on strike, joining a week-long stoppage by rail-workers.
Published 21 Nov, 2007 12:00am
Barroso warns former colonies of export risk

Barroso warns former colonies of export risk

The head of the European Commission warned former European colonies on Tuesday that their exports could be hurt if they miss an end-of-year deadline for new trade deals with Brussels.
Published 21 Nov, 2007 12:00am
LSE equities moved both ways

LSE equities moved both ways

Equities moved both the ways on the Lahore Stock Exchange (LSE) on Tuesday but finally settled in the green zone following aggressive buying in the oil exploration companies. The LSE-25 index improved by 28.88 points and closed at 4407.92 points against 4
Published 21 Nov, 2007 12:00am
LSE equities moved both ways

LSE equities moved both ways

Equities moved both the ways on the Lahore Stock Exchange (LSE) on Tuesday but finally settled in the green zone following aggressive buying in the oil exploration companies. The LSE-25 index improved by 28.88 points and closed at 4407.92 points against 4
Published 21 Nov, 2007 12:00am
Mixed trend on ISE

Mixed trend on ISE

Mixed trend was observed at the Islamabad Stock Exchange (ISE) where bulls and bears had a close fight under the lead of hot favourite amid increase in index. ISE-10 Index showed an improvement of 1.75 points as the ISE index moved from 2,809.38 to 2,811.
Published 21 Nov, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (November 20, 2007).
Published 21 Nov, 2007 12:00am
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