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Archive - 2010-12-28
Less gas, more profits
BR Research

Less gas, more profits

The prevailing gas shortage and subsequent curtailment to industries in Pakistan may be a headache for a large majority of the industrial se
Published 28 Dec, 2010 12:00am
Maternal morbidity
BR Research

Maternal morbidity

The dearth of adequate maternity services killed more mothers and infants in the last ten years in Pakistan than the total number of civilia
Published 28 Dec, 2010 12:00am
Azerbaijan may start gas supplies to Syria from 2012

Azerbaijan may start gas supplies to Syria from 2012

Azerbaijan is discussing natural gas exports to Syria and may start supplying about 1 billion cubic metres (bcm) a year to the country from 2012, the head of Azeri state energy company SOCAR said on Monday. "Gas deliveries to Syria via Turkey in the amoun
Published 28 Dec, 2010 12:00am
HRW wheat bids unchanged

HRW wheat bids unchanged

Hard red winter wheat cash bids in the US Plains stayed unchanged on Monday in thin dealings following the Christmas holiday, dealers said. Dry conditions persisted in the US Plains with periods of snow forecast for Thursday and Friday in northern areas a
Published 28 Dec, 2010 12:00am
Deluge hits Australia's sugar growing northeast

Deluge hits Australia's sugar growing northeast

Heavy rain and flooding hit large parts of Australia's key sugar growing northeast over the Christmas weekend with more predicted, weather forecasters said on Sunday. The downpour has come from the remnants of tropical cyclone Tasha, which hit the coast i
Published 28 Dec, 2010 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 248,109 tonnes of cargo including 184,649 tonnes of import cargo, 63,460 tonnes of export cargo, 4,157 loaded and empty containers during last 48 hours ended at 0700 hours on Monday. The total import cargo of 184,649 tonnes compri
Published 28 Dec, 2010 12:00am
Holidays, fee confusion slows Russian grain market: analysts

Holidays, fee confusion slows Russian grain market: analysts

Russian grain market activity slowed down last week ahead of long year-end holidays and amid confusion about fees for transportation of grain from the south of Russia to drought-hit regions, analysts said on Monday. The announcement of a forthcoming start
Published 28 Dec, 2010 12:00am
Ivorian cocoa arrivals seen ahead of last year

Ivorian cocoa arrivals seen ahead of last year

Cocoa arrivals at ports in top grower Ivory Coast have inched ahead of last year despite a political crisis threatening to tip the country back into civil war, exporters said on Monday. Some 577,000 tonnes of beans made it from the farms to port by Decemb
Published 28 Dec, 2010 12:00am
US wheat futures fall from highs

US wheat futures fall from highs

US wheat futures slid 0.4 percent on Monday, falling from a 4-1/2 month top, after China raised interest rates on Christmas Day, the latest in a series of measures to cool inflation. But losses in the grain markets were limited by bullish fundamentals of
Published 28 Dec, 2010 12:00am
La Nina dryness batters Argentina's soya belt

La Nina dryness batters Argentina's soya belt

Dryness caused by the La Nina weather phenomenon persisted in Argentine soya-growing regions last week, slowing plantings and preventing soya crops from developing normally, the government said in a report. Argentina is the world's No 3 soyabean exporter
Published 28 Dec, 2010 12:00am
Russia harvests 60.9 million tonnes of grain in 2010

Russia harvests 60.9 million tonnes of grain in 2010

Russia's grain crop in 2010 was 60.9 million tonnes, according to preliminary full-year data of the state statistics office Rosstat. This is the lowest crop since 1999. A severe drought cut output of all cereals except for rice. Feed grain output was halv
Published 28 Dec, 2010 12:00am
Alternative energy development need of the hour

Alternative energy development need of the hour

It is a shame that a country like Pakistan continues to face energy crisis especially in the power sector despite being blessed with an abundance of available and inexhaustible renewable energy resources. Time and again sane voices from within and outside
Published 28 Dec, 2010 12:00am
Power sector reform or deform

Power sector reform or deform

The Pakistan Power Sector (PPS) Reform & Restructuring Programme (RRP) was conceived and launched under a PM's directive in 1998, and put into implementation in 2000 & 2001, under overall PEPCO management.
Published 28 Dec, 2010 12:00am
Sui Southern Gas Company Limited

Sui Southern Gas Company Limited

Company's Profile: Sui Southern Gas Company (SSGC) is Pakistan's premier natural gas utility engaged in the transmission and distribution of gas in the franchise areas of Sindh and Balochistan. The Company operates more than 3,320 km high-pressure
Published 28 Dec, 2010 12:00am
Attock Refinery Limited: Great Heritage- Greater Vision

Attock Refinery Limited: Great Heritage- Greater Vision

Attock Refinery Limited (ARL) is a member of the Attock Group of Companies, the only fully integrated Group covering all segments of oil and gas industry from exploration, production and refining to marketing of petroleum products, besides being also enga
Published 28 Dec, 2010 12:00am
National biomass/waste to energy programme

National biomass/waste to energy programme

Biomass/Waste-to-Energy (BM/WTE) is a recognised and reliable alternative source of energy; technologies have been developed to produce clean energy through wastes in specially designed power plants, with pollution control equipment.
Published 28 Dec, 2010 12:00am
Message from President of Pakistan

Message from President of Pakistan

On the eve of the third martyrdom anniversary of Shaheed Mohtarma Benazir Bhutto today, while we pay tribute to her courage and leadership we also vow to continue to fight for the values she upheld and laid down her life for.
Published 28 Dec, 2010 12:00am
Message from Prime Minister of Pakistan

Message from Prime Minister of Pakistan

December 27 is a day of immense grief and national tragedy when Pakistan in particular and the world in general lost a leader of high stature in the person of Mohtarma Benazir Bhutto. Even in her martyrdom, she continues to be a binding force among the fe
Published 28 Dec, 2010 12:00am
Message from Federal Minister for Information & Broadcasting

Message from Federal Minister for Information & Broadcasting

"I will not be intimidated. I will step out on the tarmac in Karachi not to complete a journey, but to begin one. Despite the death threats, I will not acquiesce to tyranny, but lead the fight against it," Shaheed Mohtarma Benazir Bhutto, "Journeying to D
Published 28 Dec, 2010 12:00am
Message from Mir Hazar Khan Bijarani

Message from Mir Hazar Khan Bijarani

At the very outset I would like to compliment Print Media for bringing out a special supplement on the 3rdAnniversary of Shaheed Mohtarma Benazir Bhutto, a pertinent day for paying tribute to her meritorious services for the restoration of democracy in Pa
Published 28 Dec, 2010 12:00am
Shaheed-e-Jamhuriat

Shaheed-e-Jamhuriat

'The forces of moderation and democracy must, and will, prevail against extremism and dictatorship. I will not be intimidated. I will step out on the tarmac in Karachi not to complete journey, but to begin one'. Benazir Bhutto.
Published 28 Dec, 2010 12:00am
BB Shaheed: An icon of struggle for the People

BB Shaheed: An icon of struggle for the People

Indeed, it was the most tragic and dreadful evening in the history of Pakistan. Three years ago, it was the horrible evening of 27th December when few cowards who were afraid of democratic struggle of Shaheed Benazir Bhutto and her resolve to serve the pe
Published 28 Dec, 2010 12:00am
In pursuit of her dream.....

In pursuit of her dream.....

Three years today. Three years since the day when Pakistan and its children were so cruelly robbed of their hopes, their dreams, and their aspirations. The day when an assassin attacked our very survival, by snatching our best hope. Our leader, our sister
Published 28 Dec, 2010 12:00am
The Tragedy of 27 December 2007 - Shahadat of Mohtarma Benazir Bhutto

The Tragedy of 27 December 2007 - Shahadat of Mohtarma Benazir Bhutto

On 27 December 2007, Mohtarma had to address a public rally in connection with the upcoming elections at the Liaquat Bagh, Rawalpindi. I was in the Netherlands and had just switched on the TV for hearing her speech. The event by then had concluded and she
Published 28 Dec, 2010 12:00am
Martyrdom She Wrote

Martyrdom She Wrote

On the fateful afternoon of 27th December 2009, the daughter of the East, a legendary scion and trustee of Bhutto legacy embraced martyrdom at Liaqat Bagh Rawalpindi; a martyrdom that she wrote herself as is evident from the message that she sent to Mark
Published 28 Dec, 2010 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 28 Dec, 2010 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 28 Dec, 2010 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (December 27, 2010).
Published 28 Dec, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (December 27, 2010).
Published 28 Dec, 2010 12:00am
MQM says quitting Cabinet

MQM says quitting Cabinet

Muttahida Qaumi Movement (MQM), the second largest component of the ruling coalition after Pakistan Peoples Party (PPP), on Monday night said that it had decided to quit the Federal Cabinet. According to a statement, a joint co-ordination committee meetin
Published 28 Dec, 2010 12:00am
MQM says quitting Cabinet

MQM says quitting Cabinet

Muttahida Qaumi Movement (MQM), the second largest component of the ruling coalition after Pakistan Peoples Party (PPP), on Monday night said that it had decided to quit the Federal Cabinet. According to a statement, a joint co-ordination committee meetin
Published 28 Dec, 2010 12:00am
Tackling rising NPLs: Banks asked to devise ingenious strategies

Tackling rising NPLs: Banks asked to devise ingenious strategies

The State Bank of Pakistan has stressed upon banks to devise ingenious strategies to deal with the high incidence of Non-Performing Loans (NPLs) so that promising businesses, which are facing transitory difficulties due to a constrained macro environment,
Published 28 Dec, 2010 12:00am
Tackling rising NPLs: Banks asked to devise ingenious strategies

Tackling rising NPLs: Banks asked to devise ingenious strategies

The State Bank of Pakistan has stressed upon banks to devise ingenious strategies to deal with the high incidence of Non-Performing Loans (NPLs) so that promising businesses, which are facing transitory difficulties due to a constrained macro environment,
Published 28 Dec, 2010 12:00am
Tackling rising NPLs: Banks asked to devise ingenious strategies

Tackling rising NPLs: Banks asked to devise ingenious strategies

The State Bank of Pakistan has stressed upon banks to devise ingenious strategies to deal with the high incidence of Non-Performing Loans (NPLs) so that promising businesses, which are facing transitory difficulties due to a constrained macro environment,
Published 28 Dec, 2010 12:00am
SBA extended by nine months

SBA extended by nine months

Pakistan's request to the International Monetary Fund (IMF) to extend the Stand-By Arrangement (SBA) by nine months, stands approved, it is reliably learnt.
Published 28 Dec, 2010 12:00am
SBA extended by nine months

SBA extended by nine months

Pakistan's request to the International Monetary Fund (IMF) to extend the Stand-By Arrangement (SBA) by nine months, stands approved, it is reliably learnt.
Published 28 Dec, 2010 12:00am
SBA extended by nine months

SBA extended by nine months

Pakistan''s request to the International Monetary Fund (IMF) to extend the Stand-By Arrangement (SBA) by nine months, stands approved, it is reliably learnt.
Published 28 Dec, 2010 12:00am
Reform delay adds to strain on IMF deal

Reform delay adds to strain on IMF deal

Fiscal deficit may exceed 7 percent of economic output, endangering its standing with international donors, due to a delay in implementing a reformed general sales tax, analysts said on Monday. The RGST, which is supposed to replace the current general sa
Published 28 Dec, 2010 12:00am
Reform delay adds to strain on IMF deal

Reform delay adds to strain on IMF deal

Fiscal deficit may exceed 7 percent of economic output, endangering its standing with international donors, due to a delay in implementing a reformed general sales tax, analysts said on Monday. The RGST, which is supposed to replace the current general sa
Published 28 Dec, 2010 12:00am
Reform delay adds to strain on IMF deal

Reform delay adds to strain on IMF deal

Fiscal deficit may exceed 7 percent of economic output, endangering its standing with international donors, due to a delay in implementing a reformed general sales tax, analysts said on Monday. The RGST, which is supposed to replace the current general sa
Published 28 Dec, 2010 12:00am
At the wrong time, under the wrong circumstances?

At the wrong time, under the wrong circumstances?

The government has committed a serious mistake by proposing imposition of the Reformed General Sales Tax (RGST) during a recessionary phase when business volumes are declining in all key sectors of the economy.
Published 28 Dec, 2010 12:00am
At the wrong time, under the wrong circumstances?

At the wrong time, under the wrong circumstances?

The government has committed a serious mistake by proposing imposition of the Reformed General Sales Tax (RGST) during a recessionary phase when business volumes are declining in all key sectors of the economy.
Published 28 Dec, 2010 12:00am
At the wrong time, under the wrong circumstances?

At the wrong time, under the wrong circumstances?

The government has committed a serious mistake by proposing imposition of the Reformed General Sales Tax (RGST) during a recessionary phase when business volumes are declining in all key sectors of the economy.
Published 28 Dec, 2010 12:00am
Index gains 51.56 points

Index gains 51.56 points

Bullish trend was observed at the Karachi share market on Monday and the KSE-100 index closed at 30-month highest level of 11,909.73 points, with a net gain of 51.56 points. The market opened on a positive note, and the index hit 11,943.84 points intra-da
Published 28 Dec, 2010 12:00am
Index gains 51.56 points

Index gains 51.56 points

Bullish trend was observed at the Karachi share market on Monday and the KSE-100 index closed at 30-month highest level of 11,909.73 points, with a net gain of 51.56 points. The market opened on a positive note, and the index hit 11,943.84 points intra-da
Published 28 Dec, 2010 12:00am
Index gains 51.56 points

Index gains 51.56 points

Bullish trend was observed at the Karachi share market on Monday and the KSE-100 index closed at 30-month highest level of 11,909.73 points, with a net gain of 51.56 points. The market opened on a positive note, and the index hit 11,943.84 points intra-da
Published 28 Dec, 2010 12:00am
BRIndex30 up 49.2 points

BRIndex30 up 49.2 points

On Monday, the BRIndex30 opened at 8,791.37 points. It touched the intra-day high of 8,878.38 points and low of 8,791.26 points and closed at 8,840.57 points with a net positive change of 49.2 points, or 0.56 percent. The volume was 49,799,332 shares, whi
Published 28 Dec, 2010 12:00am
BRIndex30 up 49.2 points

BRIndex30 up 49.2 points

On Monday, the BRIndex30 opened at 8,791.37 points. It touched the intra-day high of 8,878.38 points and low of 8,791.26 points and closed at 8,840.57 points with a net positive change of 49.2 points, or 0.56 percent. The volume was 49,799,332 shares, whi
Published 28 Dec, 2010 12:00am
Bullish sentiments dominate LSE

Bullish sentiments dominate LSE

Bullish sentiments dominated on the Lahore Stock Exchange (LSE) on Monday and the equities registered gains amid decreased trading turnover on account of lacking investors' interest. The LSE-25 index was marginally improved by 9.06 points and was closed a
Published 28 Dec, 2010 12:00am
Bullish sentiments dominate LSE

Bullish sentiments dominate LSE

Bullish sentiments dominated on the Lahore Stock Exchange (LSE) on Monday and the equities registered gains amid decreased trading turnover on account of lacking investors' interest. The LSE-25 index was marginally improved by 9.06 points and was closed a
Published 28 Dec, 2010 12:00am
ISE index gains 5.25 points

ISE index gains 5.25 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 5.25 points as the ISE Ten Index moved from 2,980.36
Published 28 Dec, 2010 12:00am
ISE index gains 5.25 points

ISE index gains 5.25 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 5.25 points as the ISE Ten Index moved from 2,980.36
Published 28 Dec, 2010 12:00am
Pak-China optical fibre cable system to be established

Pak-China optical fibre cable system to be established

Pakistan is to establish cross border Optical Fibre Cable (OFC) system at a cost of Rs 3.7 billion between Pakistan and China for security of information, official sources told Business Recorder here on Monday. The main concern of the two countries
Published 28 Dec, 2010 12:00am
Asian-backed ship set to sail with Gaza aid

Asian-backed ship set to sail with Gaza aid

An aid ship backed by Asian activists will soon set sail for the blockaded Gaza Strip from Syria, a spokesman for Palestinian groups based in Syria said on Monday. The Sierra Leone-flagged Asia 1 is awaiting the green light from Egypt to sail to the Egypt
Published 28 Dec, 2010 12:00am
OGDCL sell-off: PC submits plan to Cabinet and Prime Minister

OGDCL sell-off: PC submits plan to Cabinet and Prime Minister

Privatisation Commission (PC) on Monday submitted a plan to the Cabinet and the Prime Minister to privatise Oil and Gas Development Company Limited (OGDCL), Business Recorder has reliably learnt. The plan envisages restructuring of OGDCL as a prelu
Published 28 Dec, 2010 12:00am
Pakistan, Oman to boost trade, economic ties

Pakistan, Oman to boost trade, economic ties

Pakistan and Oman on Monday vowed to move on towards a more robust relationship with closer collaboration in industrial, agricultural, health and education sectors for a brighter future of their peoples.
Published 28 Dec, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Dec, 2010 12:00am
FIA team raids Moonis Elahi's office, arrests manager

FIA team raids Moonis Elahi's office, arrests manager

A team of FIA Lahore raided the business office of Chaudhry Moonis Elahi, son of former Chief Minister Punjab Chaudhry Pervaiz Elahi and sitting MPA, and confiscated record in connection with the National Insurance Corporation Limited (NICL) scandal besid
Published 28 Dec, 2010 12:00am
FIA team raids Moonis Elahi's office, arrests manager

FIA team raids Moonis Elahi's office, arrests manager

A team of FIA Lahore raided the business office of Chaudhry Moonis Elahi, son of former Chief Minister Punjab Chaudhry Pervaiz Elahi and sitting MPA, and confiscated record in connection with the National Insurance Corporation Limited (NICL) scandal besid
Published 28 Dec, 2010 12:00am
LCCI seeks dialogue on RGST

LCCI seeks dialogue on RGST

The Lahore Chamber of Commerce and Industry (LCCI) on Monday urged the government to initiate dialogue on Reformed General Sales Tax as its deferment, though quite in line with LCCI demands and a step in the right direction, would not serve the very purpo
Published 28 Dec, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 28 Dec, 2010 12:00am
Overstaffing main reason behind SOEs' woes: PC

Overstaffing main reason behind SOEs' woes: PC

Privatisation Commission of Pakistan warned the federal government that bleeding State Own Enterprises (SOEs) could not become profitable without tackling the problem of overstaffing in these entities. In a proposal moved to federal cabinet, PC states, "I
Published 28 Dec, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Dec, 2010 12:00am
Pakistan receives $633 million CSF from US

Pakistan receives $633 million CSF from US

Pakistan on Monday received $633 million of Collation Support Fund (CSF) from United States. The payment was transferred by Washington on last Wednesday to pay for Pakistan's expenses incurred in the fight against violent extremists. Syed Wasimuddin, chie
Published 28 Dec, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Dec, 2010 12:00am
Pakistan receives $633 million CSF from US

Pakistan receives $633 million CSF from US

Pakistan on Monday received $633 million of Collation Support Fund (CSF) from United States. The payment was transferred by Washington on last Wednesday to pay for Pakistan's expenses incurred in the fight against violent extremists. Syed Wasimuddin, chie
Published 28 Dec, 2010 12:00am
Pakistan receives $633 million CSF from US

Pakistan receives $633 million CSF from US

Pakistan on Monday received $633 million of Collation Support Fund (CSF) from United States. The payment was transferred by Washington on last Wednesday to pay for Pakistan''s expenses incurred in the fight against violent extremists. Syed Wasimuddin, chi
Published 28 Dec, 2010 12:00am
Indian authorities seize Adnan Sami's property

Indian authorities seize Adnan Sami's property

India's Enforcement Directorate (ED) has confiscated eight flats and five car parking spaces of singer Adnan Sami in a high rise building in Mumbai and slapped Rs 20 lakh as fine on him for acquiring assets without permission of Reserve Bank of India, as
Published 28 Dec, 2010 12:00am
Indian authorities seize Adnan Sami's property

Indian authorities seize Adnan Sami's property

India's Enforcement Directorate (ED) has confiscated eight flats and five car parking spaces of singer Adnan Sami in a high rise building in Mumbai and slapped Rs 20 lakh as fine on him for acquiring assets without permission of Reserve Bank of India, as
Published 28 Dec, 2010 12:00am
Gilani, Qureshi are Zia era's remnants: Jamaat-i-Islami

Gilani, Qureshi are Zia era's remnants: Jamaat-i-Islami

The Jamaat-i-Islami chief, Syed Munawar Hasan, has said that Benazir Bhutto's assassins won't be arrested as long as the PPP was in power. He was addressing a workshop for the labour leaders and the Kisans affiliated with JI at Mansoora on Monday.
Published 28 Dec, 2010 12:00am
Indian shares down

Indian shares down

Indian shares closed 0.2 percent lower on Monday as investors locked in some gains, riding on an early rise in a market that had hit a six-week closing high last week, with little direction coming from world markets ahead of the year end. Metal producer S
Published 28 Dec, 2010 12:00am
India launches sharia stock index for Muslims

India launches sharia stock index for Muslims

India's Bombay Stock Exchange launched a share index of sharia-compliant companies on Monday in an attempt to open stock-trading to more Muslims. The BSE TASIS Sharia 50 consists of the largest and most liquid sharia-compliant stocks within the BSE 500 in
Published 28 Dec, 2010 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

All-round decline was seen on the currency market on Monday during the higher demand for dollars, dealers said. The rupee was down by three paisa in relation to dollar for buying at 85.82 and it shed two paisa for selling at 85.86, they said.
Published 28 Dec, 2010 12:00am
India launches sharia stock index for Muslims

India launches sharia stock index for Muslims

India's Bombay Stock Exchange launched a share index of sharia-compliant companies on Monday in an attempt to open stock-trading to more Muslims. The BSE TASIS Sharia 50 consists of the largest and most liquid sharia-compliant stocks within the BSE 500 in
Published 28 Dec, 2010 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

All-round decline was seen on the currency market on Monday during the higher demand for dollars, dealers said. The rupee was down by three paisa in relation to dollar for buying at 85.82 and it shed two paisa for selling at 85.86, they said.
Published 28 Dec, 2010 12:00am
India launches sharia stock index for Muslims

India launches sharia stock index for Muslims

India''s Bombay Stock Exchange launched a share index of sharia-compliant companies on Monday in an attempt to open stock-trading to more Muslims. The BSE TASIS Sharia 50 consists of the largest and most liquid sharia-compliant stocks within the BSE 500 i
Published 28 Dec, 2010 12:00am
CDGK fails to complete uplift projects on time

CDGK fails to complete uplift projects on time

City District Government Karachi (CDGK) has failed to complete its development projects within the stipulated time, although Administrator Karachi, Fazl-ur-Rehamn, has recently claimed that CDGK completed all its projects within specified time. In a state
Published 28 Dec, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
FRESC seeks help in identifying slow learners

FRESC seeks help in identifying slow learners

Chairperson of Foundation for Rehabilitation & Education of Special Children (FRESC) Ashba Kamran has stressed the parents and teachers to help the organisation in identifying slow learners for their proper education and training. Inattentiveness, distrac
Published 28 Dec, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
Thousands mourn Benazir Bhutto, three years on

Thousands mourn Benazir Bhutto, three years on

Thousands of people gathered Monday to mourn ex-prime minister Benazir Bhutto on the third anniversary of her death and demand that her killers be brought to justice. Loyalists descended on her grave in Garhi Khuda Bakhsh from across the country, beating
Published 28 Dec, 2010 12:00am
Trade and industry: PIAF terms 2010 a nerve-shattering year

Trade and industry: PIAF terms 2010 a nerve-shattering year

While drawing up a roadmap for the revival of economy for the year 2011, Pakistan Industrial and Traders Associations Front (PIAF) Monday termed the year 2010 as nerve shattering for the trade and Industry. "Power outages, repeated hikes in electricity ra
Published 28 Dec, 2010 12:00am
Activist of banned outfit, daughter killed

Activist of banned outfit, daughter killed

A member of banned outfit Jesh-e-Mohammad and his daughter were killed by unknown armed men in the limits of Airport police station on Monday. The victim was identified as Shahzad Khalid Farooqi, 35. According to Police, unknown assailants sprayed bullets
Published 28 Dec, 2010 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 18TH DECEMBER, 2010.

Published 28 Dec, 2010 12:00am
FBR makes three RTOs functional in Karachi

FBR makes three RTOs functional in Karachi

The Federal Board of Revenue (FBR) has made three new Regional Tax Offices (RTOs) functional in Karachi to facilitate the business community. Sources told Business Recorder here on Monday that the three RTOs have been made functional in Karachi fro
Published 28 Dec, 2010 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 18TH DECEMBER, 2010.

Published 28 Dec, 2010 12:00am
Good governance in Punjab is because of PPP: Zardari

Good governance in Punjab is because of PPP: Zardari

Co-Chairman PPP and President Asif Ali Zardari on Monday categorically stated that the present PPP-led government will complete its mandated five-year tenure and pledged to hold the next general elections in a fair and transparent manner to take the proce
Published 28 Dec, 2010 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
Eight killed in fog-related accidents

Eight killed in fog-related accidents

At least eight people were killed and forty others injured in a deadly collision involving 25 vehicles in Multan and other parts of the country due to thick fog. At least three persons died and another 25 injured when 30 cars jumbled at Bahawalpur Road, M
Published 28 Dec, 2010 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
Nato terminal attackers acquitted

Nato terminal attackers acquitted

Hafiz Muhammad Irfan and Chaudhry Abdul Rauf were acquitted by special Anti-Terrorism Court Dera Ghazi Khan headed by Javed Iqbal because the prosecution failed to prove their involvement in plotting to attack the Nato terminal in Rajanpur. As soon as the
Published 28 Dec, 2010 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
'Government fails to resolve issues of business community'

'Government fails to resolve issues of business community'

Regional Chairman and Vice President, Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Mian Muhammad Adrees has said the government has failed in resolving the issues of the business community and nobody has trust in government policies thu
Published 28 Dec, 2010 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
Hilal-e-Ahmar releases annual performance report

Hilal-e-Ahmar releases annual performance report

Chairman Hilal-e-Ahmar, Punjab Mian Muhammad Hanif on Monday released annual performance report for the year 2010. According to the report, Hilal-e-Ahmar collected 2210 bags of blood donations while it also imparted first aid training to 7115 individuals
Published 28 Dec, 2010 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
'No Nato helicopters crossed into Pakistani airspace'

'No Nato helicopters crossed into Pakistani airspace'

The US Embassy on Monday refuted reports of the Nato helicopters crossing into Pakistani airspace near Torkham. "There were reports that Nato helicopters crossed into Pakistani airspace near Torkham on Monday". "This is not the case. US Embassy officials
Published 28 Dec, 2010 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
Pakistan Cables announces changes in its Board of Directors

Pakistan Cables announces changes in its Board of Directors

Pakistan Cables has announced that Roddy Macdonald, Executive Vice President, General Cable Corporation and Ernest K. Cuyegkeng, President, Phelps Dodge International (Philippines) Inc, have been appointed Directors of the company with effect from Novembe
Published 28 Dec, 2010 12:00am
Funds embezzlement case: former director CDA released on bail

Funds embezzlement case: former director CDA released on bail

A division bench of Lahore High Court here Monday suspended sentence of former director Capital Development Authority (CDA), Muhammad Junaid Karim and ordered to release him on bail. The bench comprising Chief Justice Ijaz Ahmad Chaudhry and Justice Sheik
Published 28 Dec, 2010 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
NCEL holds road shows for investors' education

NCEL holds road shows for investors' education

National Commodity Exchange Limited (NCEL) in association with registered brokers held road shows in Gujranwala and Lahore. The events focused on three main areas namely, the role of National Commodities Exchange in introducing commodities trade in the co
Published 28 Dec, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
Rs 7.52 billion pact signed for 106 megawatts Golen Gol project

Rs 7.52 billion pact signed for 106 megawatts Golen Gol project

Rupees 7.52 billion agreements was signed between Pakistan Water & Power Development Authority (Wapda) and Sambu-Sarco joint venture comprising a Korean and a Pakistani firm, here at Wapda House on Monday for Lot-II of 106-MW Golen Gol Hydropower Project.
Published 28 Dec, 2010 12:00am
US missiles kill 18

US missiles kill 18

Suspected US missiles struck two vehicles in a Taliban stronghold in North Waziristan on Monday, killing 18 alleged militants, Pakistani intelligence official said. The attack in the North Waziristan tribal region came in the final days of a year that has
Published 28 Dec, 2010 12:00am
Pakistan Navy tests surface-to-air missile

Pakistan Navy tests surface-to-air missile

Pakistan Navy successfully tested its Air Defence capability on Monday. Chief of the Naval Staff, Admiral Noman Bashir, witnessed the live surface-to-air missile firing along with Vice Admiral Tayyab Ali Dogar, the Air Defence Commander of Pakistan Navy.
Published 28 Dec, 2010 12:00am
Gas, prolonged power outages hit industries hard

Gas, prolonged power outages hit industries hard

Due to prolonged power outages and unavailability of gas people of Sialkot are facing multiple problems in extremely cold weather. Industries are suffering badly because of unavailability of gas and electricity loadshedding as a result overall productivit
Published 28 Dec, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (December 27, 2010)and for Tuesday (December 28, 2010).
Published 28 Dec, 2010 12:00am
Rules violation: OGDCL set to propose hefty pay for MD, 2 GMs

Rules violation: OGDCL set to propose hefty pay for MD, 2 GMs

The Oil and Gas Development Company Limited (OGDCL) management is reportedly set to propose to its Board of Directors (BoDs) to grant approval for Rs 1.6 million per month salary for its Managing Director and Rs 0.8 million per month for two General Manag
Published 28 Dec, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (December 27, 2010).

Published 28 Dec, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 28 Dec, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 28 Dec, 2010 12:00am
Big Bird, PBIT sign MoU to increase poultry production

Big Bird, PBIT sign MoU to increase poultry production

Big Bird and Punjab Board of Investment and Trade (PBIT) signed a Memorandum of Understanding (MoU) to increase poultry production in the country. It is believed that the MoU will pave the way for the export of poultry as well as envisage establishment of
Published 28 Dec, 2010 12:00am
PPP Khyber Pakhtunkhwa demands arrest of Benazir's killers

PPP Khyber Pakhtunkhwa demands arrest of Benazir's killers

All wings of Pakistan People's Party (PPP), Khyber Pakhtunkhwa Monday unanimously demanded the exposure of the killers of their late leader Shaheed Benazir Bhutto to bring them into justice. The unanimous demand was made during a function held in connecti
Published 28 Dec, 2010 12:00am
Taseer pays tributes to Benazir Bhutto

Taseer pays tributes to Benazir Bhutto

Punjab Governor, Salman Taseer has said Benazir Bhutto was an international leader and Pakistan Peoples Party (PP) will make all efforts to fulfil her mission. He was addressing a ceremony held in connection with the third death anniversary of former PPP
Published 28 Dec, 2010 12:00am
The Weather

The Weather

The weather report on Monday (December 27, 2010) and the forecast for Tuesday (December 28, 2010).

Published 28 Dec, 2010 12:00am
Seminar on 'Life and services of Benazir Bhutto' held

Seminar on 'Life and services of Benazir Bhutto' held

Pakistan People's Party (PPP) leader and Chairman Pakistan Bait-ul-Mal Zamurd Khan said that Shaheed Benazir Bhutto was a committed leader with extraordinary political vision and wisdom.
Published 28 Dec, 2010 12:00am
Benazir Bhutto murder case probe completed: Malik

Benazir Bhutto murder case probe completed: Malik

Federal Interior Minister Rehman Malik has said that investigation into the assassination of Shaheed Benazir Bhutto has been completed. "Investigation report is with the Joint Investigation Team and it will be presented in the next meeting of CEC of the P
Published 28 Dec, 2010 12:00am
Rulers have failed to nab BB's assassins: SNF

Rulers have failed to nab BB's assassins: SNF

Rulers could not identify Benazir Bhutto's assassins even after a lapse of three years. This is in spite of the fact that Asif Ali Zardari had announced on the first day of the tragedy that he knows the murderers, but has been hiding them. These views wer
Published 28 Dec, 2010 12:00am
PML-Q not in favour of dislodging government: Shujaat

PML-Q not in favour of dislodging government: Shujaat

Pakistan Muslim League-Q President Chaudhry Shujaat Hussein on Monday said his party is not in favour of dislodging the present government because in the past such moves had not produced positive results. He said this while talking to reporters at his Gul
Published 28 Dec, 2010 12:00am
BB martyrdom a great tragedy for our nation: Fakhar Zaman

BB martyrdom a great tragedy for our nation: Fakhar Zaman

The martyrdom of Mohtarma Benazir Bhutto was a great tragedy for our nation. After tragic demise of Mohtarma Shaheed, every moment of the history of Pakistan is dragging ahead with her sad and agonising memories. These views were expressed by Fakhar Zaman
Published 28 Dec, 2010 12:00am
BB's third death anniversary observed

BB's third death anniversary observed

The third death anniversary of Benazir Bhutto was observed in a befitting manner across Punjab on Monday. Many special congregations were organised to mark the occasion, in which speakers paid rich tributes to BB for sacrificing her life for the cause of
Published 28 Dec, 2010 12:00am
PPP promoted democracy in real sense: minister

PPP promoted democracy in real sense: minister

Punjab Minister for Population Welfare, Neelam Jabbar Chaudhry has said that PPP has promoted real democracy in Pakistan and Shaheed Mohtarma Benazir Bhutto made a history of social, economic and political welfare with her continuous efforts and hard work
Published 28 Dec, 2010 12:00am
Wajid for strengthening democracy

Wajid for strengthening democracy

The best tribute to the memory of martyred Mohtarma Benazir Bhutto would be to thwart all anti-democratic machinations and not to allow the dark history of obscurantism to repeat itself said Pakistan High Commissioner Wahid Shamsul Hasan.
Published 28 Dec, 2010 12:00am
Rs 1 billion fraudulent refund claims: FBR blacklists 102 companies

Rs 1 billion fraudulent refund claims: FBR blacklists 102 companies

The Federal Board of Revenue (FBR) has blacklisted some 102 companies, reportedly involved in minting money on fraudulent sales tax refund claims, Business Recorder learnt on Monday. Sources said that the Regional Office of the Directorate of Intel
Published 28 Dec, 2010 12:00am
Urea price raised by 25 percent in a week

Urea price raised by 25 percent in a week

Fertiliser manufacturers and dealers raised price of urea by 25 percent within a week. This increase would push up the input cost of Rabi crops, especially wheat, according to sources. Urea fertiliser manufacturers have jacked up the price of urea from Rs
Published 28 Dec, 2010 12:00am
Mybank BoD approves amalgamation plan

Mybank BoD approves amalgamation plan

The board of directors of Mybank Limited has approved the draft scheme of amalgamation under the provisions of section 48 of the Banking Companies Ordinance, 1962, subject to approval of shareholders and State Bank of Pakistan, and any modification which
Published 28 Dec, 2010 12:00am
Sharp rise in prices of onion, tomato

Sharp rise in prices of onion, tomato

Once again onion and tomato rates have sharply increased in wholesales and retail markets of Karachi. According to wholesales persisting shortage supply of onion, its export to India and increasing in demand supply gap resulting in price increase.
Published 28 Dec, 2010 12:00am
Students to be given interest-free loans

Students to be given interest-free loans

An amount of Rs 189.29 million will be disbursed as interest-free loans to deserving students for higher studies within Pakistan for the 2009-2010 session as approved by the Apex Committee for Student Loan Scheme.
Published 28 Dec, 2010 12:00am
PTA's high-tech seminar today

PTA's high-tech seminar today

Pakistan Telecommunication Authority (PTA) is organising a seminar with the collaboration of ZTE Corporation (Zhongxing Telecom) at Lahore on December, 28, 2010 (Tuesday). The theme of seminar is "To be or not to be is not the question: 3G is coming".
Published 28 Dec, 2010 12:00am
Current year's trading volumes at KSE declined to 122 million shares

Current year's trading volumes at KSE declined to 122 million shares

Trading volumes at the local bourse drastically declined to 122 million shares during the current year, 29 percent lower than previous year. The average daily trading activity was 47 percent low as compared with average daily activity of last 10 years.
Published 28 Dec, 2010 12:00am
Two Ahle-Sunnat-Wal-Jamat activists killed

Two Ahle-Sunnat-Wal-Jamat activists killed

Target killing of two activists of Ahle-Sunnat-Wal-Jamat by unknown assailants on Monday left the New Karachi area under panic. According to police sources, the activists namely Shoaib, son of Ilyas and Mustafa, son of Yaqoob received bullets by unknown a
Published 28 Dec, 2010 12:00am
Aramco price rise: LPG producers asked to rationalise prices

Aramco price rise: LPG producers asked to rationalise prices

The Saudi Aramco contract price for LPG is expected to rise by US $40-50 per ton next month which would break all previous records and be the highest ever price of LPG, a spokesman of LPG Association of Pakistan, said. In view of this, the spokesman reque
Published 28 Dec, 2010 12:00am
Afghanistan needs Pakistan's help on security

Afghanistan needs Pakistan's help on security

The Afghan president's spokesman says security cooperation with Pakistan is key if his nation is to be able to quell its virulent insurgency. Wahid Omar said on Monday that President Hamid Karzai discussed the issue with Pakistani officials during a recen
Published 28 Dec, 2010 12:00am
Good governance in Punjab not due to PPP support: PML-N

Good governance in Punjab not due to PPP support: PML-N

If there is good governance in Punjab due to the support of Pakistan People's Party (PPP) then why the same is not applicable to other provinces and centre. This point was raised by Pakistan Muslim League-Nawaz (PML-N) Senator Pervaiz Rashid while talking
Published 28 Dec, 2010 12:00am
Colgate Palmolive's unique scholarship programme

Colgate Palmolive's unique scholarship programme

Colgate-Palmolive (Pakistan) Limited launched a unique scholarship programme for primary school children. The main idea behind this programme, 'Seekho Aur Jeeto,' was to create awareness amongst children about the importance of oral health and hygiene. To
Published 28 Dec, 2010 12:00am
Newly elected LTIA office-bearers felicitated

Newly elected LTIA office-bearers felicitated

Haroon Shafique Chaudhry, Chaudhry Iftikhar Bashir and Yasir Rashid have been elected unopposed as Chairman, Senior Vice Chairman and Vice Chairman of Lahore Township Industries Association (LTIA), respectively for year 2011.
Published 28 Dec, 2010 12:00am
UN suspends food handouts in Bajaur

UN suspends food handouts in Bajaur

The United Nations said Monday it had suspended food handouts in tribal district of Bajaur after more than 40 people were killed in the country's first female suicide bombing. The decision affects nearly 300,000 people who depend on general rations from t
Published 28 Dec, 2010 12:00am
JCR-VIS assigns Management Quality Rating to JSIL

JCR-VIS assigns Management Quality Rating to JSIL

JCR-VIS Credit Rating Company Ltd (JCR-VIS) has assigned Management Quality Rating of 'AM2-' (AM-two minus) to JS Investments Limited (JSIL). Outlook on the assigned rating is 'Stable'. The rating takes into account the various strategic initiatives taken
Published 28 Dec, 2010 12:00am
JCR-VIS assigns Management Quality Rating to JSIL

JCR-VIS assigns Management Quality Rating to JSIL

JCR-VIS Credit Rating Company Ltd (JCR-VIS) has assigned Management Quality Rating of 'AM2-' (AM-two minus) to JS Investments Limited (JSIL). Outlook on the assigned rating is 'Stable'. The rating takes into account the various strategic initiatives taken
Published 28 Dec, 2010 12:00am
JCR-VIS reaffirms rating of UBL Capital Protected Fund I

JCR-VIS reaffirms rating of UBL Capital Protected Fund I

JCR-VIS Credit Rating Company Limited has reaffirmed the Capital Protected Fund (CPF) Rating of United Bank Limited (UBL) Capital Protected Fund-I (UCPF-1) at 'AA+(cpf)' (double A plus (cpf)). The rating reflects very high probability of timely repayment
Published 28 Dec, 2010 12:00am
JCR-VIS reaffirms rating of UBL Capital Protected Fund I

JCR-VIS reaffirms rating of UBL Capital Protected Fund I

JCR-VIS Credit Rating Company Limited has reaffirmed the Capital Protected Fund (CPF) Rating of United Bank Limited (UBL) Capital Protected Fund-I (UCPF-1) at 'AA+(cpf)' (double A plus (cpf)). The rating reflects very high probability of timely repayment
Published 28 Dec, 2010 12:00am
Nadra, GDT sign accord for Identity Management Solutions

Nadra, GDT sign accord for Identity Management Solutions

National Database and Registration Authority (Nadra) and Global Defence Turkey (GDT), a leading defence and security product supplier of Turkey have signed an agreement for Identity Management Solutions. Under the banner of Nadra Technologies Ltd (NTL), N
Published 28 Dec, 2010 12:00am
General Khalid visits Air Headquarters

General Khalid visits Air Headquarters

General Khalid Shameem Wynne, Chairman Joint Chiefs of Staff Committee on Monday visited the Air Headquarters and called on Air Chief Marshal Rao Qamar Suleman, Chief of the Air Staff, Pakistan Air Force. The Chairman was briefed about the PAF. The Air Ch
Published 28 Dec, 2010 12:00am
Charsadda-Peshawar motorway: two killed in pile-up

Charsadda-Peshawar motorway: two killed in pile-up

A pile-up involving 14 cars and lorries on Charsadda-Peshawar motorway near Swat River caused by a bout of heavy fog killed two persons and injured dozens others. According to the police, the accident occurred six kilometer away from Charsadda. The injure
Published 28 Dec, 2010 12:00am
Dr Baig to attend sixth session of Pak-Yemen JMC

Dr Baig to attend sixth session of Pak-Yemen JMC

Dr Mirza Ikhtiar Baig, Federal Advisor on Textile, Government of Pakistan and Hon. Consul General of Yemen in Sindh will be a part of the delegation visiting Yemen to attend Sixth Session of the Pak-Yemen Joint Ministerial Commission (JMC) 28th - 29th Dec
Published 28 Dec, 2010 12:00am
Gas loadshedding: Aptma fears large-scale closures, lay-offs

Gas loadshedding: Aptma fears large-scale closures, lay-offs

The All Pakistan Textile Mills Association (Aptma) has said that it fears large-scale closures/bankruptcies and massive layoffs in the textile industry due to gas load shedding, the fuel used in captive power plants (CPPs), it is learnt. Sources in the te
Published 28 Dec, 2010 12:00am
Pakistan expects $3.9 billion from donor states, financial bodies

Pakistan expects $3.9 billion from donor states, financial bodies

Pakistan is expecting to receive 3.9 billion dollars assistance from donor countries and financial institutions between November-June 2010-11. Government has revised budgetary foreign assistance disbursement estimates downwards - from 4443.7 billion dolla
Published 28 Dec, 2010 12:00am
Amtex's Sukuk rating reaffirmed

Amtex's Sukuk rating reaffirmed

JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the medium to long-term rating of A (single A) assigned to the five year privately placed Sukuk of Rs 650 million, issued by Amtex Limited (Amtex). The Sukuk is fully secured via a bank guaran
Published 28 Dec, 2010 12:00am
Amtex's Sukuk rating reaffirmed

Amtex's Sukuk rating reaffirmed

JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the medium to long-term rating of A (single A) assigned to the five year privately placed Sukuk of Rs 650 million, issued by Amtex Limited (Amtex). The Sukuk is fully secured via a bank guaran
Published 28 Dec, 2010 12:00am
'PML-N to resolve issues of growers on priority'

'PML-N to resolve issues of growers on priority'

Senior Advisor to Chief Minister Punjab, Sardar Zulfiqar Ali Khan Khosa has said the grower's problems would be resolved on priority basis so that targets of wheat and other agri-products could be achieved as the agriculture is backbone of our national ec
Published 28 Dec, 2010 12:00am