News Archives for Print - 2009-08-17

Singapore Prime Minister says financial 'eye of storm' has passed

Singapore Prime Minister Lee Hsien Loong on Sunday said that the storm of the global economic downturn had passed the city-state - but the outlook beyond the third quarter 2009 was still uncertain.

Published 17 Aug, 2009 12:00am

Arcandor units could remain in business

All divisions of insolvent German tourism and retail group Arcandor are capable of remaining in business and do not have to be closed down, the company's insolvency administrator told a German paper. Insolvency administrator Klaus Hubert Goerg is in talks

Published 17 Aug, 2009 12:00am

BoE's Sentance pins global recovery on Asia

The worst of the global economic crisis appears to be over, although the speed and depth of the recovery will depend on whether Asia can become a "true engine of global growth", the Bank of England's Andrew Sentance said on Sunday.

Published 17 Aug, 2009 12:00am

UAE to see strong economic growth in 2010: central bank

The United Arab Emirates economy will see strong economic growth in 2010, recovering from a contraction in 2009, boosted by an expected rally in oil prices, the central bank governor was quoted as saying on Sunday.

Published 17 Aug, 2009 12:00am

Porsche, Volkswagen might merge before 2011

German carmakers Porsche and Volkswagen might merge in 2010 already instead of 2011 as currently planned, German newspaper Die Welt reported, citing VW's finance chief.

Published 17 Aug, 2009 12:00am

'Clunkers' programme slows car gifts to US charities

The popular "cash-for-clunkers" programme is boosting US auto sales and manufacturing but is also slashing donations to charities that rely on gifts of cars to fund social programs, charity officials say.

Published 17 Aug, 2009 12:00am

Nato and Russia join forces in hunt for missing cargo ship

As Nato and Russia joined forces in the search for the missing cargo ship Arctic Sea, commentators on Sunday said news the ship's owners had received a ransom demand augured well for the Russian crew. Helsinki-based Solchart Management had received the de

Published 17 Aug, 2009 12:00am

Nigeria police told to help recover bad bank loans

Nigerian President Umaru Yar'Adua has instructed the country's law enforcement agencies to support efforts to recover bad loans built up at five banks bailed out on Friday by the central bank, his office said on Sunday.

Published 17 Aug, 2009 12:00am

North Korea in nuclear threat, Kim meets Hyundai boss

Communist North Korea denounced impending joint military exercises by South Korea and the United States, and said it would "wipe them out" with nuclear weapons if they threatened it, its KCNA news agency said on Sunday.

Published 17 Aug, 2009 12:00am

Qaeda stronger as blasts feed Iraqi Kurd-Arab feud

A series of huge bombings in northern Iraq have triggered fiery accusations of blame between Arabs and Kurds, escalating a dispute over land and oil that has played into the hands of a resurgent al Qaeda.

Published 17 Aug, 2009 12:00am

Niger police raid Islamic sect, detain hundreds

Police in the western Nigerian state of Niger have raided an Islamic community and detained hundreds of its members, weeks after an uprising by a radical sect killed almost 800 in the remote north-east.

Published 17 Aug, 2009 12:00am

Saudis reap huge hauls in drugs crackdown

Saudi police have seized more than three tonnes of hashish and three million methamphetamine pills in drug raids over the past two months, the interior ministry said on Sunday.

Published 17 Aug, 2009 12:00am

Obama invokes late grandmother in health crusade

President Barack Obama invoked his personal agony over his late grandmother's death, in his most emotional defense yet of his difficult health care reform drive.

Published 17 Aug, 2009 12:00am

At least eight killed in Iraq violence

At least six people were killed in continued violence in hotspots in western and northern Iraq on Sunday, police said. Near the western city of Falluja, in Iraq's Sunni heartland to the west of Baghdad, gunmen burst into the home of a member of a governme

Published 17 Aug, 2009 12:00am

IBM uses DNA to make next-generation microchips

International Business Machines Corp is looking to the building blocks of our bodies - DNA - to be the structure of next-generation microchips. As chipmakers compete to develop ever-smaller chips at cheaper prices, designers are struggling to cut costs.

Published 17 Aug, 2009 12:00am

Israeli army chief in embarrassing security breach

An Israeli soldier has been arrested on suspicion of stealing the credit card details of army chief Lieutenant General Gabi Ashkenazi, a military source said on Sunday, ending a week-long news blackout on the embarrassing security lapse.

Published 17 Aug, 2009 12:00am

Three killed in Iran helicopter crash

Three people on board were killed when an army training helicopter crashed on Sunday west of Tehran, a local official told state television. "Three people on board the helicopter died," governor of Shahriar, Mohammad Ali Erfan Manesh, said.

Published 17 Aug, 2009 12:00am

Consumer Goods: UNILEVER PAKISTAN LIMITED - Analysis of Financial Statements Financial Year 2003 - 2001 Q 2009

Unilever Pakistan Limited - formerly known as Lever Brothers Pakistan Limited (LBPL) - is a subsidiary of Unilever PLC, UK. It was incorporated in Pakistan in 1948 as Lever Brothers Pakistan Limited and merged with Lipton in 1989 and Brooke Bond in 1997.

Published 17 Aug, 2009 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 17 Aug, 2009 12:00am

Consumer Goods: UNILEVER PAKISTAN LIMITED - Analysis of Financial Statements Financial Year 2003 - 2001 Q 2009

Unilever Pakistan Limited - formerly known as Lever Brothers Pakistan Limited (LBPL) - is a subsidiary of Unilever PLC, UK. It was incorporated in Pakistan in 1948 as Lever Brothers Pakistan Limited and merged with Lipton in 1989 and Brooke Bond in 1997.

Published 17 Aug, 2009 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2009)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 17 Aug, 2009 12:00am

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (August 10 to 15 2009).

Published 17 Aug, 2009 12:00am

Alico AIG Life American Life Insurance Company (Pakistan) Limited

Alico AIG Life has issued Weekly Unit Prices.

Published 17 Aug, 2009 12:00am

Alico AIG Life American Life Insurance Company (Pakistan) Limited

Alico AIG Life has issued Weekly Unit Prices.

Published 17 Aug, 2009 12:00am

Alico AIG Life American Life Insurance Company (Pakistan) Limited

Alico AIG Life has issued Weekly Unit Prices.

Published 17 Aug, 2009 12:00am

The Weather

The weather report on Sunday (August 16, 2009) and the forecast for Monday (August 17, 2009).

Published 17 Aug, 2009 12:00am

Heavy flood claims 13 lives in Mardan, Swabi

At least thirteen people lost their lives on Sunday in flood wreak havoc in Mardan and Swabi areas, a private TV channel reported. The deaths mainly occurred due to collapsing of roofs as a number of villages were inundated and fields damaged when floods

Published 17 Aug, 2009 12:00am

Humayun accuses ministry of creating crisis

The Ministry of Industries has deliberately created the sugar crisis in the country to fleece the poor consumers, former Federal Commerce Minister Humayun Akhtar Khan said here on Sunday.

Published 17 Aug, 2009 12:00am

Humayun accuses ministry of creating crisis

The Ministry of Industries has deliberately created the sugar crisis in the country to fleece the poor consumers, former Federal Commerce Minister Humayun Akhtar Khan said here on Sunday.

Published 17 Aug, 2009 12:00am

Heavy flood claims 13 lives in Mardan, Swabi

At least thirteen people lost their lives on Sunday in flood wreak havoc in Mardan and Swabi areas, a private TV channel reported. The deaths mainly occurred due to collapsing of roofs as a number of villages were inundated and fields damaged when floods

Published 17 Aug, 2009 12:00am

UK debates cost of war as Afghan toll passes 200

Prime Minister Gordon Brown on Sunday affirmed Britain's commitment to Afghanistan after roadside bombs killed two more soldiers and pushed the UK death toll past 200. The grim milestone has reignited debate about the heavy human cost of a conflict the go

Published 17 Aug, 2009 12:00am

UK debates cost of war as Afghan toll passes 200

Prime Minister Gordon Brown on Sunday affirmed Britain's commitment to Afghanistan after roadside bombs killed two more soldiers and pushed the UK death toll past 200. The grim milestone has reignited debate about the heavy human cost of a conflict the go

Published 17 Aug, 2009 12:00am

Indus in low flood at Guddu

For first time this year, the lifeline of the nation's economy and social stability, mighty Indus is in much-needed low flood at Guddu barrage with upstream flow of 2,00,000 cusecs and downstream 1,66,000 cusecs, Flood Warning Centre (FWC), Lahore, said o

Published 17 Aug, 2009 12:00am

Syria denies reports of botched missile test

The Syrian Ministry of Defence on Sunday denied media reports that a botched missile test had killed 20 Syrian civilians last May. "All the news reports of the test-firing of the missile and the casualties are completely unfounded," the Syrian Defence Min

Published 17 Aug, 2009 12:00am

Syria denies reports of botched missile test

The Syrian Ministry of Defence on Sunday denied media reports that a botched missile test had killed 20 Syrian civilians last May. "All the news reports of the test-firing of the missile and the casualties are completely unfounded," the Syrian Defence Min

Published 17 Aug, 2009 12:00am

Rashid Dostum returns to Afghanistan as vote looms

Exiled Uzbek leader General Abdul Rashid Dostum, whose supporters could swing this week's presidential election, returned to Afghanistan on Sunday after being given a government all-clear. Dostum's supporters, who gave him 10 percent of the vote in the 20

Published 17 Aug, 2009 12:00am

Rashid Dostum returns to Afghanistan as vote looms

Exiled Uzbek leader General Abdul Rashid Dostum, whose supporters could swing this week's presidential election, returned to Afghanistan on Sunday after being given a government all-clear. Dostum's supporters, who gave him 10 percent of the vote in the 20

Published 17 Aug, 2009 12:00am

Venezuela seeks new terms for Caribbean oil aid

Venezuela said on Sunday it is renegotiating an oil deal which gives favourable terms to poor Caribbean and Central American countries and is an integral part of President Hugo Chavez's foreign policy.

Published 17 Aug, 2009 12:00am

Kuwait wedding fire killed 41 in three minutes

A fire that tore through a wedding tent outside Kuwait's capital killed 41 women and children in just three minutes, leaving behind shoes melted to the ground and bodies so blackened they were unrecognisable, the fire chief said Sunday.

Published 17 Aug, 2009 12:00am

Kuwait wedding fire killed 41 in three minutes

A fire that tore through a wedding tent outside Kuwait's capital killed 41 women and children in just three minutes, leaving behind shoes melted to the ground and bodies so blackened they were unrecognisable, the fire chief said Sunday.

Published 17 Aug, 2009 12:00am

Indus in low flood at Guddu

For first time this year, the lifeline of the nation''s economy and social stability, mighty Indus is in much-needed low flood at Guddu barrage with upstream flow of 2,00,000 cusecs and downstream 1,66,000 cusecs, Flood Warning Centre (FWC), Lahore, said

Published 17 Aug, 2009 12:00am

THE RUPEE: firm trend

The rupee managed to come out of the weak spell on the back some improvement in the supply of US currency during the week ended on August 15, 2009. On the interbank market, the rupee gained 33 paisa against dollar for buying and selling at 82.57 and 82.62

Published 17 Aug, 2009 12:00am

THE RUPEE: firm trend

The rupee managed to come out of the weak spell on the back some improvement in the supply of US currency during the week ended on August 15, 2009. On the interbank market, the rupee gained 33 paisa against dollar for buying and selling at 82.57 and 82.62

Published 17 Aug, 2009 12:00am

50,000 tons of sugar to arrive within three days: Wattoo

To cope with the prevailing sugar crisis, the federal government has decided to import 50,000 tons sugar, which would reach the country within two or three days. Tender for the import of 75,000 tons more sugar has also been finalised.

Published 17 Aug, 2009 12:00am

Indus in low flood at Guddu

For first time this year, the lifeline of the nation's economy and social stability, mighty Indus is in much-needed low flood at Guddu barrage with upstream flow of 2,00,000 cusecs and downstream 1,66,000 cusecs, Flood Warning Centre (FWC), Lahore, said o

Published 17 Aug, 2009 12:00am

50,000 tons of sugar to arrive within three days: Wattoo

To cope with the prevailing sugar crisis, the federal government has decided to import 50,000 tons sugar, which would reach the country within two or three days. Tender for the import of 75,000 tons more sugar has also been finalised.

Published 17 Aug, 2009 12:00am

50,000 tons of sugar to arrive within three days: Wattoo

To cope with the prevailing sugar crisis, the federal government has decided to import 50,000 tons sugar, which would reach the country within two or three days. Tender for the import of 75,000 tons more sugar has also been finalised.

Published 17 Aug, 2009 12:00am

TCP releases 298,637 metric tons of sugar to USC for January-August 2009

On the directives of the Prime Minister, the Trading Corporation of Pakistan (TCP) released 298,637 metric tons of sugar to the Utility Stores Corporation (USC) for the period January 2009 to August 2009. According to a press release issued here on Sunday

Published 17 Aug, 2009 12:00am

TCP releases 298,637 metric tons of sugar to USC for January-August 2009

On the directives of the Prime Minister, the Trading Corporation of Pakistan (TCP) released 298,637 metric tons of sugar to the Utility Stores Corporation (USC) for the period January 2009 to August 2009. According to a press release issued here on Sunday

Published 17 Aug, 2009 12:00am

TCP releases 298,637 metric tons of sugar to USC for January-August 2009

On the directives of the Prime Minister, the Trading Corporation of Pakistan (TCP) released 298,637 metric tons of sugar to the Utility Stores Corporation (USC) for the period January 2009 to August 2009. According to a press release issued here on Sunday

Published 17 Aug, 2009 12:00am

FBR's 'Anti-Evasion Cell'on the cards

The Federal Board of Revenue (FBR) is planning to set up an 'Anti-Evasion Cell' in the Sales Tax Wing to unearth evasion of sales tax and federal excise duty (FED) and organised tax frauds being committed by high-risk sectors, showing abnormal tax profile

Published 17 Aug, 2009 12:00am

FBR's 'Anti-Evasion Cell'on the cards

The Federal Board of Revenue (FBR) is planning to set up an 'Anti-Evasion Cell' in the Sales Tax Wing to unearth evasion of sales tax and federal excise duty (FED) and organised tax frauds being committed by high-risk sectors, showing abnormal tax profile

Published 17 Aug, 2009 12:00am

FBR''s ''Anti-Evasion Cell''on the cards

The Federal Board of Revenue (FBR) is planning to set up an ''Anti-Evasion Cell'' in the Sales Tax Wing to unearth evasion of sales tax and federal excise duty (FED) and organised tax frauds being committed by high-risk sectors, showing abnormal tax profi

Published 17 Aug, 2009 12:00am

IT professionals: PCA starts extensive training program

The Pakistan Computer Association (PCA) has decided to organise an extensive training program from August 17 to provide a unique opportunity to IT professionals and computer vendors for learning and understanding the Open Source Operating Systems (OS OS).

Published 17 Aug, 2009 12:00am

IT professionals: PCA starts extensive training program

The Pakistan Computer Association (PCA) has decided to organise an extensive training program from August 17 to provide a unique opportunity to IT professionals and computer vendors for learning and understanding the Open Source Operating Systems (OS OS).

Published 17 Aug, 2009 12:00am

IT professionals: PCA starts extensive training program

The Pakistan Computer Association (PCA) has decided to organise an extensive training program from August 17 to provide a unique opportunity to IT professionals and computer vendors for learning and understanding the Open Source Operating Systems (OS OS).

Published 17 Aug, 2009 12:00am

India seeks answers over Shahrukh's US questioning

The Indian government said Sunday the United States must explain why Bollywood star Shahrukh Khan was questioned at a New York airport, after the actor suggested he was singled out as a Muslim. Khan, who was interviewed by officials at Newark Liberty Inte

Published 17 Aug, 2009 12:00am

India seeks answers over Shahrukh's US questioning

The Indian government said Sunday the United States must explain why Bollywood star Shahrukh Khan was questioned at a New York airport, after the actor suggested he was singled out as a Muslim. Khan, who was interviewed by officials at Newark Liberty Inte

Published 17 Aug, 2009 12:00am

Ahmadinejad plans female ministers in Iran cabinet

President Mahmoud Ahmadinejad said on Sunday he would propose at least three female ministers in his new cabinet following Iran's disputed election, an unprecedented move in the conservative Islamic state.

Published 17 Aug, 2009 12:00am

Index crosses 8,000 points mark

The KSE-100 index crossed 8,000 points mark during the wek ended on August 15, 2009 and closed at 8,011.31 points with a gain of 139.08 points, or 1.8 percent. The approval by IMF to increase its lending for Pakistan by $3.2 billion to $11.32 billion invi

Published 17 Aug, 2009 12:00am

Ahmadinejad plans female ministers in Iran cabinet

President Mahmoud Ahmadinejad said on Sunday he would propose at least three female ministers in his new cabinet following Iran's disputed election, an unprecedented move in the conservative Islamic state.

Published 17 Aug, 2009 12:00am

Index crosses 8,000 points mark

The KSE-100 index crossed 8,000 points mark during the wek ended on August 15, 2009 and closed at 8,011.31 points with a gain of 139.08 points, or 1.8 percent. The approval by IMF to increase its lending for Pakistan by $3.2 billion to $11.32 billion invi

Published 17 Aug, 2009 12:00am

Index crosses 8,000 points mark

The KSE-100 index crossed 8,000 points mark during the wek ended on August 15, 2009 and closed at 8,011.31 points with a gain of 139.08 points, or 1.8 percent. The approval by IMF to increase its lending for Pakistan by $3.2 billion to $11.32 billion invi

Published 17 Aug, 2009 12:00am

Open interest in futures rises 24 percent

The open interest at the futures counter surged by 24 percent during the week ended on August 15 to close at Rs 259.7 million. The futures spread rose by 907bps, ending the week at 7.74 percent. Average trading volume at futures counter increased by 2.3 p

Published 17 Aug, 2009 12:00am

Open interest in futures rises 24 percent

The open interest at the futures counter surged by 24 percent during the week ended on August 15 to close at Rs 259.7 million. The futures spread rose by 907bps, ending the week at 7.74 percent. Average trading volume at futures counter increased by 2.3 p

Published 17 Aug, 2009 12:00am

Open interest in futures rises 24 percent

The open interest at the futures counter surged by 24 percent during the week ended on August 15 to close at Rs 259.7 million. The futures spread rose by 907bps, ending the week at 7.74 percent. Average trading volume at futures counter increased by 2.3 p

Published 17 Aug, 2009 12:00am

18 Taliban dead in Swat revenge attacks

The bullet-riddled bodies of 18 Taliban militants apparently killed by furious residents seeking revenge were discovered Sunday in Swat valley, officials said. Military claims to have cleared Swat of extremists in an offensive launched earlier this year a

Published 17 Aug, 2009 12:00am

18 Taliban dead in Swat revenge attacks

The bullet-riddled bodies of 18 Taliban militants apparently killed by furious residents seeking revenge were discovered Sunday in Swat valley, officials said. Military claims to have cleared Swat of extremists in an offensive launched earlier this year a

Published 17 Aug, 2009 12:00am

US to steer Pakistan out of power crisis: Holbrooke comes with new mandate

In a major policy shift, the US Special Representative to Pakistan and Afghanistan, Richard Holbrooke, on Sunday said that his country would assist Pakistan in steering out it from its worse energy crisis. He is currently in Pakistan on his fifth official

Published 17 Aug, 2009 12:00am

US to steer Pakistan out of power crisis: Holbrooke comes with new mandate

In a major policy shift, the US Special Representative to Pakistan and Afghanistan, Richard Holbrooke, on Sunday said that his country would assist Pakistan in steering out it from its worse energy crisis. He is currently in Pakistan on his fifth official

Published 17 Aug, 2009 12:00am

US to steer Pakistan out of power crisis: Holbrooke comes with new mandate

In a major policy shift, the US Special Representative to Pakistan and Afghanistan, Richard Holbrooke, on Sunday said that his country would assist Pakistan in steering out it from its worse energy crisis. He is currently in Pakistan on his fifth official

Published 17 Aug, 2009 12:00am

MPS hemmed in by fiscal constraints?

"Although the final consolidated fiscal deficit during first three quarters of FY09 was within target, higher expenditure related to IDPs and security in the fourth quarter of FY09 has resulted in more than targeted fiscal deficit. Despite the likely slip

Published 17 Aug, 2009 12:00am

Faisalabad-Multan Motorway: Gilani to perform ground-breaking on August 18

Prime Minister Syed Yousaf Raza Gilani will perform the ground-breaking of Faisalabad-Multan Motorway (M-4) on August 18 (Tuesday). It is officially stated here on Sunday. National Highway Authority (NHA) spokesman has said that work on Faisalabad-Multan

Published 17 Aug, 2009 12:00am

Faisalabad-Multan Motorway: Gilani to perform ground-breaking on August 18

Prime Minister Syed Yousaf Raza Gilani will perform the ground-breaking of Faisalabad-Multan Motorway (M-4) on August 18 (Tuesday). It is officially stated here on Sunday. National Highway Authority (NHA) spokesman has said that work on Faisalabad-Multan

Published 17 Aug, 2009 12:00am

Pakistani migrants freed by Greek police

Greek police said Sunday they freed 10 migrants, eight of them from Pakistan, who had been kept in a shipping container in Athens and were mistreated by smugglers for a month. In a statement, the police said the migrants - who also included a Somali and a

Published 17 Aug, 2009 12:00am

Ministry of Women fails to organise Benazir Bhutto Awards

The Ministry of Women Development (MoWD), which is responsible for making policies and programmes for the welfare of women and protection of their rights in the country but its own female staff has been working in most unfriendly atmosphere.

Published 17 Aug, 2009 12:00am

Youths accuse Ministry of nepotism, infringement

The juveniles of the nation are once again deprived of their rights as they feel they have not been done justice with in the selection of awards under the National Youth Award 2009 on the very moments of the International Youth Day, Business Recorder <

Published 17 Aug, 2009 12:00am

Crackdown against sugar mills, hoarders stopped in Punjab

Taking a sudden U-turn on Saturday, the Punjab government stopped crackdown against sugar mills and hoarders for the 'time being' to give them a chance to bring the stocks in the open market.
Published 17 Aug, 2009 12:00am

Faisalabad-Multan Motorway: Gilani to perform ground-breaking on August 18

Prime Minister Syed Yousaf Raza Gilani will perform the ground-breaking of Faisalabad-Multan Motorway (M-4) on August 18 (Tuesday). It is officially stated here on Sunday. National Highway Authority (NHA) spokesman has said that work on Faisalabad-Multan
Published 17 Aug, 2009 12:00am

MONEY WEEK: credit expansion moderates monetary contraction

Credit expansion in private and government sectors brought about moderation in monetary contraction which stood reduced from about Rs78 billion on 25th July to a little over Rs 64 billion on August 1, 2009. This was stated in the latest weekly release of
Published 17 Aug, 2009 12:00am

MCCI voices concern over monetary policy

President of the Multan Chambers of Commerce and Industry (MCCI), Anis Ahmed Sheikh, expressing his serious concern over monetary policy, has said that the present monetary policy is not an expansionary monetary policy, instead it is the continuation of t
Published 17 Aug, 2009 12:00am

Taliban directly threaten Afghan elections

The Taliban on Sunday threatened for the first time to attack Afghan polling stations, escalating their bid to derail key elections this week after striking Nato in the heart of Kabul. The threat was made in leaflets, pinned up and dropped in villages in
Published 17 Aug, 2009 12:00am

MONEY WEEK: credit expansion moderates monetary contraction

Credit expansion in private and government sectors brought about moderation in monetary contraction which stood reduced from about Rs78 billion on 25th July to a little over Rs 64 billion on August 1, 2009. This was stated in the latest weekly release of
Published 17 Aug, 2009 12:00am

'Sugar price starts falling in open market'

Central Joint Secretary, Pakistan Muslim League-N, Zaeem Qadri has said that PML-N government has saved the masses from exploitation by sugar mafia and as a result of timely and effective crackdown against hoarders a large quantity of sugar hidden in godo
Published 17 Aug, 2009 12:00am

It's time for Suzuki to try a change of tactic

Businesses thrive on innovation and Pak Suzuki Motors is doing just the same. As a part of its latest marketing initiative, titled "Suzuki Certified Used Car Program", PSMC is selling new cars for old - offering consumers to replace up to five year old mo
Published 17 Aug, 2009 12:00am

Government will have to take the blame for sugar crisis

Hardly had the wheat crisis subsided, that the sugar imbroglio began brewing. The policymakers should have learnt a lesson, after being caught off-guard with the wheat uproar, and become proactive; but, as always, short-sightedness of regulators remains a
Published 17 Aug, 2009 12:00am

Seminar on Pak-Nepal relations on August 18

A day-long seminar on 'Pak-Nepal Relations' will be held here at the Foreign Service Academy on Tuesday (tomorrow) under the auspices of the Association of Friends of Nepal. Foreign Minister, Shah Mahmood Qureshi, is likely to inaugurate the seminar, said
Published 17 Aug, 2009 12:00am

Fruit prices soar 30 percent

The prices of fruits have increased by 30 percent in the wholesale market ahead of Ramazan due to constant decline in supply. The prices of vegetables have also gone up by Rs 5 per kg in the city's wholesale markets for minting money from crises-hit masse
Published 17 Aug, 2009 12:00am

Nawaz calls for US investment in energy sector

PML-N Chief, Nawaz Sharif, has urged US Special Envoy, Richard Holbrooke, to support Pakistan's efforts to finalise a Free Trade Agreement with the United States and encourage greater American investment in Pakistan. The PML-N chief underscored the key ar
Published 17 Aug, 2009 12:00am

Zardari and senior PPP parliamentarians discuss local bodies issue

President, Asif Ali Zardari, chaired a meeting of the senior PPP parliamentarians at the Bilawal House, here on Sunday. According to a press release, matters relating to the President's visit to Karachi, political situation in Sindh and the local bodies w
Published 17 Aug, 2009 12:00am

Nusrat Fateh - maestro of fusion music lives on

Nusrat Fateh Ali Khan was mesmerising and there is no exaggeration if Japanese could not stop themselves from calling him a singing Buddha and Americans found voice of paradise in him. Nusrat, whose fans elevated him to the status of Shahenshah-e-Qawali l
Published 17 Aug, 2009 12:00am

12th death anniversary of Nusrat Fateh Ali observed

The 12th death anniversary of world's one of the most prominent singers, Nusrat Fateh Ali Khan, who was known as Shahenshah-e-Qawwali was observed on Sunday. Nusrat Fateh Ali is truly a legend, a reason to be proud of Pakistan and an inspiration to many.
Published 17 Aug, 2009 12:00am

'Ramazan relief package to be launched from August 21'

The Managing Director Utility Stores Corporation (USC) Muhammad Arif Khan said Ramazan package would be launched from August 21 for ensuring relief to the poor. Talking to APP, Arif Khan it would start from August 21 and continue till the end of Ramazan a
Published 17 Aug, 2009 12:00am

Students to return to schools in full strength from today

Students of educational institutions working under Federal Directorate of Education (FDE) will join schools and colleges in full strength from Monday, a week after the two-month long summer holidays. The institutions were opened from August 10 but very a
Published 17 Aug, 2009 12:00am

AJK protests against raising water level in Mangla Dam

AJK Minister for Mangla Dam Affairs Chaudhry Muhammad Yousuf here Sunday asked Wapda to desist from raising water level in the dam unless all the required arrangements for resettlement and rehabilitation of the population dwelling along the periphery of t
Published 17 Aug, 2009 12:00am

HBL, PPL inclusion in MSCI bodes well for market's future

Foreign portfolio inflows in Pakistan have typically moved in tandem with the extent of country's inclusion in the MSCI indices. A quick look into recent past shows that $273 million were drained out of the market in the first five months of CY09, followi
Published 17 Aug, 2009 12:00am

Power pylon blown up in Dera Allahyar

A tower of 220 KV Guddu-Quetta transmission line was blown up on Sunday by unidentified persons in Dera Allahyar area. The incident caused suspension of power supply to many areas of Balochistan including Quetta. The tower was located along Dera Allahyar
Published 17 Aug, 2009 12:00am

Widespread rains likely to continue for three more days

The ongoing rain spell is likely to continue to lash the twin cities of Islamabad and Rawalpindi, most parts of Punjab, Azad Kashmir and Northern Areas for two to three more days, predicted Director General of the Pakistan Meteorological Department, Dr Qa
Published 17 Aug, 2009 12:00am

Leaf curl virus spread: use of poor quality cotton seeds main reason

The research institutions have termed the use of unattested and poor quality seeds the major reason for the spread of leaf curl virus on cotton crops. According to the sources, cotton crop has been cultivated on millions of acres in different cities of so
Published 17 Aug, 2009 12:00am

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 2	268.36

Stock	Price
786 Invest Ltd / Jun 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Most Popular