BR100 Increased By (0.35%)
BR30 Increased By (0.47%)
KSE100 Increased By (0.41%)
KSE30 Increased By (0.3%)
AGHA 7.67 Increased By ▲ 0.04 (0.52%)
BECO 5.50 Decreased By ▼ -0.07 (-1.26%)
BML 59.78 Increased By ▲ 0.04 (0.07%)
BOP 34.75 Increased By ▲ 0.35 (1.02%)
CNERGY 12.82 Decreased By ▼ -0.29 (-2.21%)
CSIL 6.55 Increased By ▲ 0.14 (2.18%)
FCCL 58.00 Decreased By ▼ -0.06 (-0.1%)
FFL 16.31 Increased By ▲ 0.08 (0.49%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 7.46 Increased By ▲ 0.03 (0.4%)
KOSM 6.11 Increased By ▲ 0.08 (1.33%)
LOTCHEM 27.80 Increased By ▲ 0.13 (0.47%)
MLCF 102.81 Increased By ▲ 0.06 (0.06%)
NBP 205.00 Decreased By ▼ -0.06 (-0.03%)
NCPL 61.90 Increased By ▲ 2.27 (3.81%)
NPL 71.00 Increased By ▲ 2.44 (3.56%)
OGDC 320.00 Increased By ▲ 1.08 (0.34%)
PACE 11.22 Increased By ▲ 0.17 (1.54%)
PAEL 43.20 Increased By ▲ 0.10 (0.23%)
PIBTL 16.69 Increased By ▲ 0.06 (0.36%)
PPL 232.70 Increased By ▲ 3.25 (1.42%)
PRL 68.95 Decreased By ▼ -1.85 (-2.61%)
PTC 70.89 Decreased By ▼ -0.11 (-0.15%)
SSGC 27.42 Increased By ▲ 0.01 (0.04%)
TBL 10.40 Increased By ▲ 0.09 (0.87%)
TELE 8.59 Increased By ▲ 0.06 (0.7%)
TPL 22.89 Decreased By ▼ -0.17 (-0.74%)
TPLP 15.62 Decreased By ▼ -0.14 (-0.89%)
TREET 24.92 Increased By ▲ 0.21 (0.85%)
TRG 60.45 Increased By ▲ 0.16 (0.27%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Archive - 2011-03-25
IMF sets aside total €4.6bn for Romania
Top News

IMF sets aside total €4.6bn for Romania

WASHINGTON: The IMF approved a new €3.6 billion loan for cash-strapped Romania on Friday, and said it would make €1 bill
Published 25 Mar, 2011 11:12pm
European stocks close firmer
Financial

European stocks close firmer

LONDON: European stock markets closed firmer Friday on strong US growth figures after a testing week dominated by Middle
Published 25 Mar, 2011 06:28pm
Armed men kill 13 in Kurram district
Top News

Armed men kill 13 in Kurram district

PESHAWAR: Thirteen people were killed and five wounded on Friday when gunmen opened fire on two vehicles carrying Shias
Published 25 Mar, 2011 01:39pm
Swiss growth at 2.8 percent in 2011
Top News

Swiss growth at 2.8 percent in 2011

ZURICH: Switzerland's economy should pick up steam this year despite the strong Swiss franc, prompting the Swiss Nationa
Published 25 Mar, 2011 01:17pm
At least 75 killed in Myanmar quake
Top News

At least 75 killed in Myanmar quake

YANGON: At least 75 people were killed and hundreds left homeless Friday after a strong earthquake hit Myanmar, with fea
Published 25 Mar, 2011 01:08pm
No change in discount rate
BR Research

No change in discount rate

The macro headlines have been turning positive: inflation is down and is expected to remain below 14 percent for the next two months; the ex
Published 25 Mar, 2011 12:00am
In the name of faith
BR Research

In the name of faith

Age and income-based segmentation have become mundane tools for marketeers. A new way of dividing the market is now taking force: faith-base
Published 25 Mar, 2011 12:00am
Longing for long term bills
BR Research

Longing for long term bills

The Treasury Bill auctions in the third quarter of the current fiscal year concluded with some positive trends, suggesting the strengthening
Published 25 Mar, 2011 12:00am
Putin's approval rating falls to lowest since 2005

Putin's approval rating falls to lowest since 2005

Prime Minister Vladimir Putin's approval rating fell in March to the lowest level since mid 2005 on perceptions of economic stagnation a year before Russia's presidential vote, the Levada-Center pollster said on Thursday.
Published 25 Mar, 2011 12:00am
Gaza rockets strike deeper inside Israel

Gaza rockets strike deeper inside Israel

Palestinian rockets struck deep inside Israel on Thursday, landing closer to the urban sprawl south of Tel Aviv, and Israeli aircraft pounded targets in Gaza in a surging conflict that has raised fears of a new war. Israeli police said long-range Grad roc
Published 25 Mar, 2011 12:00am
US nuclear plants not reporting all defects

US nuclear plants not reporting all defects

US nuclear power plant operators have not been consistent in flagging defects they find in parts used in some of their most critical safety components because of confusing regulatory guidance, a watchdog for the US nuclear safety regulator said on Thursda
Published 25 Mar, 2011 12:00am
Ukraine's Kuchma charged over Gongadze murder

Ukraine's Kuchma charged over Gongadze murder

Ukrainian former president Leonid Kuchma was formally charged on Thursday over the 2000 murder of opposition journalist Georgiy Gongadze and could face up to 12 years in jail if convicted. The Ukraine general prosecutor's office on Tuesday opened a crimin
Published 25 Mar, 2011 12:00am
China signs new aid deal with Nepal

China signs new aid deal with Nepal

China's army chief wrapped up a high level visit to Nepal on Thursday, signing a new aid deal with Kathmandu's military that further cements ties between the two neighbours. General Chen Bingde, chief of the general staff of China's People's Liberation Ar
Published 25 Mar, 2011 12:00am
Taliban shut down cell phones in Afghan province

Taliban shut down cell phones in Afghan province

All mobile phone services in a southern Afghan province whose capital will be among the first towns to be placed under local control have been shut down on Taliban orders, an operator said Thursday.
Published 25 Mar, 2011 12:00am
India's Congress Party summoned by US court

India's Congress Party summoned by US court

The Congress Party of India has been summoned by a US court to appear on April 1, 2011 to respond to the charges of conspiring, aiding, abetting and organising large scale anti-Sikh violence in India in 1984.
Published 25 Mar, 2011 12:00am
'Two British troops killed in Afghan bombing'

'Two British troops killed in Afghan bombing'

Two British soldiers were killed by a roadside bomb in southern Afghanistan just six days before they were due to return home, the defence ministry said Thursday. The blast on Wednesday hit the troops from 1st Battalion Irish Guards as they returned from
Published 25 Mar, 2011 12:00am
Two dead as strong quake hits Myanmar

Two dead as strong quake hits Myanmar

A strong earthquake struck Myanmar near the Thai border on Thursday, killing at least two people, including a child, officials from both countries said, with shaking felt across south-east Asia. Tremors spread as far away as Bangkok, almost 800 kilometres
Published 25 Mar, 2011 12:00am
Yemeni opposition says no to Saleh's new offer

Yemeni opposition says no to Saleh's new offer

Yemen's opposition stepped up efforts to remove President Ali Abdullah Saleh on Thursday, dismissing his offer to stand down after a presidential election at the end of the year. Tensions ratcheted higher a day ahead of a planned rally that protesters hav
Published 25 Mar, 2011 12:00am
Yuan slightly weaker

Yuan slightly weaker

The yuan closed down slightly to the dollar on Thursday after the People's Bank of China fixed its daily mid-point slightly weaker for the second day, in a sign that the central bank does not want to see non-stop rises for the Chinese currency. The PBOC r
Published 25 Mar, 2011 12:00am
Peso, Singapore dollar rise

Peso, Singapore dollar rise

The Philippine peso and the Singapore dollar rose on Thursday, backed by expectations of policy tightening, while foreign fund inflows lifted the South Korean won and the Indian rupee.
Published 25 Mar, 2011 12:00am
Indian rupee soars

Indian rupee soars

The Indian rupee ended stronger on Thursday boosted by positive local shares and inflows from corporate borrowings, but a weak euro and high oil prices could play spoilsport, traders said. The partially convertible rupee closed at 44.7450/7500 per dollar,
Published 25 Mar, 2011 12:00am
Swiss franc dips versus euro

Swiss franc dips versus euro

The Swiss franc tracked the euro, rattled by ongoing concerns about Portuguese debts, down against the greenback on Thursday, with the market significantly short dollar, traders said.
Published 25 Mar, 2011 12:00am
New Zealand dollar jumps

New Zealand dollar jumps

The New Zealand dollar jumped to a three-week high on Thursday after data showed the economy skirted a recession, while the Aussie was underpinned by strong commodity prices and robust Chinese industrial data. The kiwi dollar climbed as high as $0.7469 fr
Published 25 Mar, 2011 12:00am
Euro falls in New York

Euro falls in New York

The euro fell on Wednesday, hurt by fears debt-ridden Portugal will require a bailout after its parliament rejected the minority government's austerity measures. The vote is likely to cause the government's collapse.
Published 25 Mar, 2011 12:00am
Early trade in New York: euro gains versus dollar

Early trade in New York: euro gains versus dollar

The euro rose against the US dollar on Thursday on optimism European policymakers will be able to control a political and debt crisis in Portugal, though technical resistance could cap near-term upside. The euro remained resilient, rising above $1.42 as t
Published 25 Mar, 2011 12:00am
Euro rebounds in London

Euro rebounds in London

The euro rebounded from an early fall on Thursday on Middle-East and sovereign buying, with worries over Portugal's political crisis and the health of the Spanish banking system increasingly factored in to the currency.
Published 25 Mar, 2011 12:00am
Euro slips in Asia

Euro slips in Asia

The euro slipped on Thursday, pulling further away from a 4-1/2 month high versus the dollar on heightened worries that political instability in Portugal may force it to become the latest country in the region to seek a European Union bailout.
Published 25 Mar, 2011 12:00am
Sterling tumbles versus euro

Sterling tumbles versus euro

Sterling slid to a four-and-a-half month low against the euro on Thursday as weak retail sales data raised concerns about a fragile economy while Moody's warned slower growth could make it harder to rein in the deficit.
Published 25 Mar, 2011 12:00am
April ECB hike priced in, December outlook less clear

April ECB hike priced in, December outlook less clear

Money market indicators showed a growing conviction on Thursday that the ECB would follow through with its signalled interest rate hike in April, but doubts over the pace of further rises look set to persist.
Published 25 Mar, 2011 12:00am
Pak-US relations: Islamabad firm not to attend trilateral meeting

Pak-US relations: Islamabad firm not to attend trilateral meeting

Resurrected from the ashes of a deadly drone attack that killed 45 in North Wazirstan subsequent to release of CIA contractor Raymond Davis, a deadlock once again hit Pak-US relation since Islamabad still stand by its decision not to attend the trilateral
Published 25 Mar, 2011 12:00am
NH&MP recover three cars, arrest four culprits

NH&MP recover three cars, arrest four culprits

National Highways and Motorway Police (NH&MP) has recovered three stolen/snatched cars and one Shehzor pick-up and arrested four culprits with arms and ammunitions from different parts of the country.
Published 25 Mar, 2011 12:00am
Tsunami victims: president visits Japan embassy; offers assistance

Tsunami victims: president visits Japan embassy; offers assistance

President Asif Ali Zardari on Thursday visited the Japanese embassy and offered Japan all possible assistance apart from the relief goods it has already sent. The President remained there for some time and expressed solidarity with the government and peop
Published 25 Mar, 2011 12:00am
Islamabad police arrest 29 suspects

Islamabad police arrest 29 suspects

Islamabad Police have arrested 29 outlaws and suspects during operation in various areas of the city from whom 7.230kg charas, 2.130kg opium, ten bottles of liquor and illegal arms were recovered, Islamabad Police spokesman Naeem Iqbal said on Thursday.
Published 25 Mar, 2011 12:00am
Paul Bhatti meets Rehman

Paul Bhatti meets Rehman

Advisor to Prime Minister on Minorities Affairs, Paul Bhatti Thursday met Interior Minister Rehman Malik and discussed various matters relating to the case of his brother, Shahbaz Bhatti who was shot dead by terrorists in Sector I-8, Islamabad.
Published 25 Mar, 2011 12:00am
'Sweden stopped supply of weapons to Pakistan in 1998'

'Sweden stopped supply of weapons to Pakistan in 1998'

Ulrika Sundberg Ambassador of Sweden to Pakistan has said that Sweden stopped supply of weapons to Pakistan in 1998 when international community imposed sanctions on Pakistan against conducting nuclear tests.
Published 25 Mar, 2011 12:00am
Fehmida expresses sympathy with quake victims

Fehmida expresses sympathy with quake victims

Speaker National Assembly Dr Fehmida Mirza on Thursday visited Embassy of Japan to offer sympathies and express solidarity with the families affected by massive earthquake and tsunami in Japan. She was accompanied by MNA's Asiya Nasir, Azeem Daultana, Yas
Published 25 Mar, 2011 12:00am
Pay-protection for DGSW officers approved

Pay-protection for DGSW officers approved

President Asif Ali Zardari Thursday approved pay protection to the officers of Directorate General of Social Welfare (DGSW). The matter was lingering for the last many years as nearly 200 officers were demanding protection of their pay to safeguard their
Published 25 Mar, 2011 12:00am
NJPMC meeting on March 26

NJPMC meeting on March 26

Chief Justice of Pakistan Iftikhar Muhammad Chaudhry on March 26 (tomorrow) will preside over a meeting of National Judicial (Policy Making) Committee (NJPMC), as its chairman. The participants will discuss judicial policy matters.
Published 25 Mar, 2011 12:00am
First phase of Census 2011 in KP from April 5

First phase of Census 2011 in KP from April 5

Provincial Census Commissioner, Khyber Pakhtunkhwa, Fazle Rabbi has said that Census 2011 would be conducted in two phases. First phase of house listing will start from April 5, 2011. The second phase i.e. census will be conducted in the months of August
Published 25 Mar, 2011 12:00am
KP minister vows to eradicate tuberculosis by 2015

KP minister vows to eradicate tuberculosis by 2015

Khyber Pakhtunkhwa (KP) Minister for Health, Syed Zahir Ali Shah on Thursday vowed to eradicate the disease of Tuberculosis (TB) totally by the year 2015 saying the government will provide every kind of assistance in this respect.
Published 25 Mar, 2011 12:00am
Meeting on gas load-shedding remains inconclusive

Meeting on gas load-shedding remains inconclusive

The meeting on the gas load shedding issue between All Pakistan CNG Association and Sui Northern Gas Company Private Limited (SNGPL) remained inconclusive. While talking to Business Recorder Chairman Supreme Council APCNG Association Ghias Abdullah
Published 25 Mar, 2011 12:00am
MoP directs PSO to clear Parco dues

MoP directs PSO to clear Parco dues

Ministry of Petroleum (MoP) has directed cash-strapped Pakistan State Oil (PSO), with receivables accumulated to Rs 158.49 billion and facing default-like position, to clear the dues of Pak Arab Refinery Limited (Parco) on account of fuel supply, Busin
Published 25 Mar, 2011 12:00am
Relief goods sent to Japan

Relief goods sent to Japan

Pakistan on Thursday sent two C-130 aircraft to Tokyo loaded with 24 tons of relief supplies for the flood and tsunami affected people. The aircraft left Chaklala Airport in the morning carrying relief items including 13.5 tons high power biscuits, nine t
Published 25 Mar, 2011 12:00am
President confers Hilal-i-Pakistan on SG Interpol

President confers Hilal-i-Pakistan on SG Interpol

President Asif Ali Zardari on Thursday day conferred Hilal-i-Pakistan upon Ronald K. Nobel, Secretary General Interpol, during a special investiture ceremony held at Aiwan-i-Sadr. Senator A. Rehman Malik, Federal Minister for Interior, M. Salman Faruqui,
Published 25 Mar, 2011 12:00am
Retailers and mining stocks power FTSE rebound

Retailers and mining stocks power FTSE rebound

Retailers were among the top performers in a rally in Britain's top share index on Thursday, which took the FTSE 100 back to levels last seen just before the earthquake in Japan. Results from Kingfisher and Next showed how some retailers can overcome toug
Published 25 Mar, 2011 12:00am
European shares up

European shares up

European shares rose to a two-week closing high on Thursday, boosted by strong results from retailers, while a Reuters poll suggested stocks were set to rise further on corporate earnings strength. The pan-European FTSEurofirst 300 index of top shares clo
Published 25 Mar, 2011 12:00am
Seoul shares gain

Seoul shares gain

Seoul shares rose on Thursday helped by firm gains in auto plays including Hyundai Motor ahead of its earnings report and as foreign investor buying continued for a seventh consecutive session. The Korea Composite Stock Price Index ended up 1.22 percent a
Published 25 Mar, 2011 12:00am
Nikkei average falls

Nikkei average falls

Japanese shares slipped on Thursday, with a sell-off in Tokyo Electric Power Co and financial firms weighing on the broad Topix index as radiation leaks from a quake-stricken nuclear plant stifled any optimism on the global economy.
Published 25 Mar, 2011 12:00am
Indian shares keep rising

Indian shares keep rising

Indian shares climbed 0.8 percent on Thursday and stretched gains into a third day, supported by firm world stocks and led by financial stocks. But the turmoil across the Middle East and North Africa, coupled with renewed concerns in the eurozone kept the
Published 25 Mar, 2011 12:00am
Southeast Asian markets: Indonesia, Thailand at 10-week highs

Southeast Asian markets: Indonesia, Thailand at 10-week highs

Major Southeast Asian stock markets pushed higher on Thursday as demand for resource shares filtered through the region and investors picked banks amid strong loan growth outlook. Optimism about emerging economies grew as well as a recovery in risk appeti
Published 25 Mar, 2011 12:00am
Treasuries decline

Treasuries decline

US Treasuries finished slightly lower on Wednesday on higher stock prices but they still drew a safe-haven bid from turmoil in the Middle East and North Africa as well as fears Portugal would seek a bailout.
Published 25 Mar, 2011 12:00am
Treasuries decline

Treasuries decline

US Treasuries finished slightly lower on Wednesday on higher stock prices but they still drew a safe-haven bid from turmoil in the Middle East and North Africa as well as fears Portugal would seek a bailout.
Published 25 Mar, 2011 12:00am
Taiwan stocks higher

Taiwan stocks higher

Taiwan stocks ended up 0.37 percent on Thursday, with hotels including Formosa Regent rising on media reports Taiwan will soon allow in individual tourists from China. But upside potential is seen limited because of the rebounds recently, some analysts sa
Published 25 Mar, 2011 12:00am
Materials lead Wall Street higher but turmoil remains

Materials lead Wall Street higher but turmoil remains

US stocks advanced on Wednesday as materials shares rose, but rising commodities prices due to turmoil in the Middle East and North Africa could keep rallies modest. The market's favoured indicator of anxiety, the Chicago Board Options Exchange Volatility
Published 25 Mar, 2011 12:00am
Thursday's early afternoon trade: Wall Street rises on earnings

Thursday's early afternoon trade: Wall Street rises on earnings

US stocks advanced on Thursday, helped by optimism about earnings and investors buying the quarter's high performers, while the S&P 500's push above a key level could signal further gains. The S&P 500 broke above its 50-day moving average at 1,305, and an
Published 25 Mar, 2011 12:00am
Hong Kong shares up, China down

Hong Kong shares up, China down

Hong Kong shares closed stronger on Thursday, supported by steady gains in oil and banking counters ahead of a slew of earnings announcements lasting well into next week. The benchmark Hang Seng Index closed up 0.39 percent to 22,915.28, while the China E
Published 25 Mar, 2011 12:00am
Egypt index dips to lowest in two years

Egypt index dips to lowest in two years

Egypt's benchmark index fell to its lowest level in nearly two years on Thursday, the second day of trade since political turmoil closed the bourse for more than seven weeks. But defensive telecoms stocks and dollar-denominated Maridive and Oil Services b
Published 25 Mar, 2011 12:00am
UK retail sales fall, prices surge

UK retail sales fall, prices surge

British retail sales fell more than expected in February, reversing half of January's rebound with volumes hit by the biggest jump in prices in 17 years which was only partly due to the rise in VAT, official data showed on Thursday. The ONS said sales vol
Published 25 Mar, 2011 12:00am
Portugal woes complicate EU debt crisis summit

Portugal woes complicate EU debt crisis summit

A political crisis in Portugal that has forced the resignation of its prime minister dominated the start of an EU summit on Thursday, further complicating efforts to solve the eurozone's debt problems.
Published 25 Mar, 2011 12:00am
Thousands in austerity protest

Thousands in austerity protest

Thousands of marchers converged Thursday on the venue for a summit of European Union leaders, protesting against austerity measures being introduced throughout the bloc. The demonstrators responded to union calls to challenge leaders' moves to commit gove
Published 25 Mar, 2011 12:00am
Moody's downgrades 30 Spanish banks

Moody's downgrades 30 Spanish banks

Moody's downgraded the credit ratings of 30 Spanish banks Thursday, warning that Spain's government may not be ready to write a blank cheque for every troubled bank. New York-based Moody's acted two weeks after cutting Spain's sovereign rating by a notch,
Published 25 Mar, 2011 12:00am
UK's largest union warns industrial strife ahead

UK's largest union warns industrial strife ahead

A mass march in London this weekend organised by Britain's trade unions could herald a wave of industrial strife, protests and other direct action, the head of the country's largest union warned on Thursday.
Published 25 Mar, 2011 12:00am
Fed, in historic shift, to brief media on policy

Fed, in historic shift, to brief media on policy

Federal Reserve Chairman Ben Bernanke will hold media briefings four times a year in a historic shift to greater openness at the traditionally secretive US central bank. Bernanke will hold a rare question-and-answer session with reporters on April 27 foll
Published 25 Mar, 2011 12:00am
EU lawmakers back stronger e-commerce consumer rights

EU lawmakers back stronger e-commerce consumer rights

EU lawmakers backed a new regulation on Thursday to grant better protection and stronger rights to European consumers and firms who buy goods online in another member country of the European Union.
Published 25 Mar, 2011 12:00am
US durable goods orders fall, job market healing

US durable goods orders fall, job market healing

Orders for long-lasting US manufactured goods fell in February as companies scaled back investment plans for a second month in a row, suggesting a cooling off in business spending. Other data on Thursday showed the labour market's recovery was becoming we
Published 25 Mar, 2011 12:00am
BoJ signals bleaker view of Japan's economy after quake

BoJ signals bleaker view of Japan's economy after quake

Bank of Japan Governor Masaaki Shirakawa said the country's economy is in a severe state after a devastating earthquake on March 11, suggesting that the central bank may paint a bleaker view of the economy at its next rate review.
Published 25 Mar, 2011 12:00am
Toyota to restart hybrid vehicle output in Japan

Toyota to restart hybrid vehicle output in Japan

Toyota Motor Corp said on Thursday it would restart production of three hybrid models on Monday after a massive earthquake this month disrupted output across the industry. Production will resume for the Prius, Lexus HS250h and CT200h at the Tsutsumi facto
Published 25 Mar, 2011 12:00am
India introduces pension bill

India introduces pension bill

India's finance minister introduced a long-awaited pension bill in parliament on Thursday that would pave the way for private players in the sector and help cut government spending.
Published 25 Mar, 2011 12:00am
Quake-hit New Zealand economy dodges recession

Quake-hit New Zealand economy dodges recession

New Zealand's earthquake-battered economy narrowly avoided a double-dip recession as it limped to 0.2 percent growth in the October-December quarter, official data showed Thursday. The quarterly figure, which was in line with market expectations, followed
Published 25 Mar, 2011 12:00am
Kazakhstan moves to formalise 'nationalisation'

Kazakhstan moves to formalise 'nationalisation'

Kazakhstan, where foreign investment has fuelled economic growth, said on Thursday it had adopted a law on nationalisation of private property, but would only do this as a last resort and pay compensation to investors.
Published 25 Mar, 2011 12:00am
Moonis's remand extended for four days

Moonis's remand extended for four days

A magistrate on Thursday extended the remand of PML-Q leader Moonis Elahi for another four days. On Thursday, the Federal Investigation Agency (FIA) official requested for a six-day physical remand, contending that the FIA had evidence and witnesses again
Published 25 Mar, 2011 12:00am
Two-day holidays proposal: PIAF voices concerns

Two-day holidays proposal: PIAF voices concerns

Pakistan Industrial and Traders Association Front (PIAF) has expressed serious concerns over the proposal of two holidays in a week and termed it a decision to further spoil economic/business conditions. PIAF Chairman, Sohail Lashari in a statement on Thu
Published 25 Mar, 2011 12:00am
Importance of medical ethics stressed

Importance of medical ethics stressed

Adherence to principles of ethics in medical practice is inadequate in Pakistan while formal training in bioethics needs to be incorporated in undergraduate and postgraduate medical training so that the healthcare providers understand the concept, process
Published 25 Mar, 2011 12:00am
Credit card accounts: SBP allows banks to send e-bill to customers

Credit card accounts: SBP allows banks to send e-bill to customers

The State Bank of Pakistan on Thursday allowed banks to send electronically the statement of account to their credit card holders. It also asked banks to send SMS alert to credit card holders informing them that the e-statement has been sent via email.
Published 25 Mar, 2011 12:00am
GST on domestic sales to be low at entry level: Mansha

GST on domestic sales to be low at entry level: Mansha

Textile tycoon and internationally-acclaimed Pakistan's leading businessman Mian Muhammad Mansha has said that General Sales Tax (GST) on domestic sales of textile industry should be between 7 to 10 percent at the entry level.
Published 25 Mar, 2011 12:00am
Nishat Group briefs financial plans to investors

Nishat Group briefs financial plans to investors

Representatives of Nishat Mills and D G Khan Cement presented their financial and future plans to the investors in the Corporate briefing programme held at Lahore Stock Exchange. Hassan Mansha, Chairman Nishat Power and Director Nishat Mills, Badarul Hass
Published 25 Mar, 2011 12:00am
20 stolen cars recovered

20 stolen cars recovered

The Anti-Vehicles Lifting Staff Saddar Division Lahore arrested car lifter Abdul Khaliq alias Chaudhary including its ringleader and seized 20 cars worth Rs 11 million. The criminals have confessed that they have lifted 35 cars.
Published 25 Mar, 2011 12:00am
Dry weather increases water flow in rivers

Dry weather increases water flow in rivers

Water in four rivers has started rising after weather became dry in the month of March in upper hilly areas of the country as mercury is hovering over 25 degree Celsius. According to the 24th March rivers flows and reservoirs level report of Water and Pow
Published 25 Mar, 2011 12:00am
'Fesco board striving to facilitate consumers'

'Fesco board striving to facilitate consumers'

Provision of best services to consumers stands top on the agenda of Faisalabad Electric Supply Company (Fesco) Board of Directors, said Rana Mushtaq Chairman Load Management Committee. He was addressing a review meeting to discuss load management problems
Published 25 Mar, 2011 12:00am
'Integrated Indus Basin system' proposed

'Integrated Indus Basin system' proposed

Veteran Indian journalist Kuldip Nayar on Thursday suggested to start work on Integrated Indus Basin system under which all the six rivers would be jointly used by Pakistan and India. He called for respecting the Indus Basin Treaty, which was signed betwe
Published 25 Mar, 2011 12:00am
Flood surcharge: government urged to exempt working class

Flood surcharge: government urged to exempt working class

Multan Chamber of Commerce and Industry (MCCI) has urged the government to give exemption to the working class from flood surcharge. "Forceful implementation of taxes increases problems and the unilateral decision of the government will further burden the
Published 25 Mar, 2011 12:00am
LHC issues notice to Punjab government for April 6

LHC issues notice to Punjab government for April 6

A division bench of the Lahore High Court (LHC) here on Thursday issued notice to Punjab government for April 6 in an Intra Court Appeal (ICA) challenging dismissal of a petition by a single bench against construction of flyover at Kalma Chowk.
Published 25 Mar, 2011 12:00am
35 teachers detained: police halt SPLA's march to chief minister House

35 teachers detained: police halt SPLA's march to chief minister House

Karachi police once again thwarted the bid of Sindh Professors and Lecturers Association (SPLA) to march towards the Chief Minister House here Thursday and detained about 35 teachers. SPLA also announced to observe province-wise black day on Friday to con
Published 25 Mar, 2011 12:00am
Qubee launches discount offer for customers

Qubee launches discount offer for customers

On Friday, 18th March, Qubee launched a reward programme for its users, giving them the opportunity to avail a 20 percent discount on their monthly bill for 3 months.
Published 25 Mar, 2011 12:00am
NIB, ADB sign agreement

NIB, ADB sign agreement

NIB Bank Limited and Asian Development Bank signed a "Trade Finance Guarantee Facility agreement on Thursday at NIB, Head Office, Karachi. Under the agreement, ADB will provide guarantees on international trade finance that NIB conducts with foreign partn
Published 25 Mar, 2011 12:00am
Zardari pays tributes to Nusrat Bhutto

Zardari pays tributes to Nusrat Bhutto

President Asif Ali Zardari has paid glowing tributes to the former first lady Begum Nusrat Bhutto on her 82nd birthday. In his message of felicitation, he said Begum Nusrat Bhutto is an asset and her heroic struggle for the cause of democracy in the count
Published 25 Mar, 2011 12:00am
Moot on 'technologies in oils, fats' concludes

Moot on 'technologies in oils, fats' concludes

A three-day international conference on "Current Technologies in Oils and Fats", organised by the Centre of Excellence in Analytical Chemistry, University of Sindh concluded on Wednesday evening. Scholars from Turkey, Malaysia and Pakistan presented their
Published 25 Mar, 2011 12:00am
Three-kg explosive defused in Sui

Three-kg explosive defused in Sui

Police and Bomb disposal squad defused three-kilogram explosive material which was attached with eight-inch diameter gas pipeline in Dera Bugti on Thursday. Police have registered a case against unknown suspects and started investigation into the incident
Published 25 Mar, 2011 12:00am
Payment of pensions by CDGK: lethargic procedures being followed

Payment of pensions by CDGK: lethargic procedures being followed

Lethargic office procedures carried out by Head of Departments (HoD), in government organisations are causing delay in the payment of pensions of retired or deceased government employees. Sources told Business Recorder here on Thursday that, the Ci
Published 25 Mar, 2011 12:00am
Issuing students' results PSMA gives BISE 72-hour breather

Issuing students' results PSMA gives BISE 72-hour breather

Board of Intermediate and Secondary Education (BISE) authorities must eliminate anti-student policies and provide relief to the students, Sharf-uz-Zaman Member Advisory Committee, Private Schools Management Association (PSMA) demanded during a protest in
Published 25 Mar, 2011 12:00am
Seminar on Tuberculosis and its prevention

Seminar on Tuberculosis and its prevention

To mark the World TB Day, Sada Welfare Foundation organised a seminar on 'Tuberculosis and its Preventions' at National Institute of Child Health (NICH), here on Thursday. I.T Minister Sindh Raza Haroon was the chief guest. Tuberculosis (TB) is an infecti
Published 25 Mar, 2011 12:00am
India end Australia's reign to reach semi-finals

India end Australia's reign to reach semi-finals

India sparked jubilant celebrations among its billion plus fans after ending Australia's remarkable 12-year reign as World Cup champions with a thrilling five-wicket win in the quarter-finals on Thursday.
Published 25 Mar, 2011 12:00am
Indian bookies bet on Pakistan to lift World Cup

Indian bookies bet on Pakistan to lift World Cup

Pakistan's splendid performance in the quarter final match against West Indies and their earlier win against world champions Australia, have pushed them up the betting table and made them the favourites to lift Cricket World Cup this time.
Published 25 Mar, 2011 12:00am
Clijsters withdraws from Japan event

Clijsters withdraws from Japan event

Former world tennis number one Kim Clijsters has withdrawn from the Pan Pacific Open to be held in Tokyo in September over the ongoing nuclear emergency at an atomic plant north-east of Japan's capital. Clijsters said she hoped to play in Japan "when it's
Published 25 Mar, 2011 12:00am
Pakistan warned to keep feet on ground

Pakistan warned to keep feet on ground

Pakistan must guard against complacency if they want to win the World Cup, former captain Imran Khan said on Thursday as the nation celebrated a thumping win over the West Indies.
Published 25 Mar, 2011 12:00am
No split loyalty as Donald eyes South Africa defeat

No split loyalty as Donald eyes South Africa defeat

South Africa must beware one of their own when Graeme Smith's power-packed team clashes with New Zealand in the World Cup quarter-final on Friday. Former pace spearhead Allan Donald, who claimed 330 Test and 272 one-day wickets for South Africa, will help
Published 25 Mar, 2011 12:00am
India challenge excites Pakistan coach

India challenge excites Pakistan coach

Pakistan coach Waqar Younis relishes the prospect of playing the last two matches in India to win the World Cup as his team continued its ruthless march in the tournament. Pakistan, led from the front by inspirational captain Shahid Afridi, crushed the We
Published 25 Mar, 2011 12:00am
58th Inter-Divisional Athletics Meet begins

58th Inter-Divisional Athletics Meet begins

Pakistan Railways Sports Board is organising its annual 58th Inter-Divisional Athletics Meet on March 25 and 26 at Railways Stadium Lahore. All the nine Railway Divisions Peshawar, Rawalpindi, Lahore Workshops, Multan, Sukkur, Karachi, Quetta and Railway
Published 25 Mar, 2011 12:00am
Yardy quits World Cup with depression

Yardy quits World Cup with depression

England all-rounder Michael Yardy has quit the World Cup suffering from depression just days before the quarter-final against co-hosts Sri Lanka. The 30-year-old Sussex left-hander, who played in three matches at the tournament, said he felt he had no opt
Published 25 Mar, 2011 12:00am
England call up Rashid

England call up Rashid

England called up Adil Rashid into their World Cup squad ahead of their quarter-final against Sri Lanka after left-arm spinner Michael Yardy withdrew with depression on Thursday. Leg-spinner Rashid will arrive in Colombo on Saturday - the same day as Engl
Published 25 Mar, 2011 12:00am
Four Finnish players arrested for match-fixing

Four Finnish players arrested for match-fixing

Police in Finland said on Thursday that they have arrested four people in connection with football match-fixing in the Premier League team RoPS, which is based in the northern city of Rovaniemi.
Published 25 Mar, 2011 12:00am
Pakistan and Chinese Taipei soccer clash today

Pakistan and Chinese Taipei soccer clash today

Chinese Taipei Soccer team will face Pakistan in the fourth AFC Challenge Cup Qualifiers (Group-B) on Friday (today) at MBJP Stadium, Petaling Jaya, Malaysia. Chinese Taipei enters the AFC Challenge Cup qualifiers by beating Laos 6-3 on aggregate in play-
Published 25 Mar, 2011 12:00am
PTCL announces winners for World Cup Challenge

PTCL announces winners for World Cup Challenge

Pakistan Telecommunication Company Limited (PTCL) organised a raffle draw ceremony to announce the winners for the PTCL World Cup Challenge at the PTCL head quarters, says a press release received here on Thursday.
Published 25 Mar, 2011 12:00am
Steadier condition on cotton market

Steadier condition on cotton market

A modicum of improvement was seen in the cotton rates on Thursday after several past days of relatively quieter situation on the ready market. This is possible because according to media reports the chairman of the All Pakistan Mills Association (APTMA),
Published 25 Mar, 2011 12:00am
Steadier condition on cotton market

Steadier condition on cotton market

A modicum of improvement was seen in the cotton rates on Thursday after several past days of relatively quieter situation on the ready market. This is possible because according to media reports the chairman of the All Pakistan Mills Association (APTMA),
Published 25 Mar, 2011 12:00am
Transaction at low ebb in absence of leads on cotton market

Transaction at low ebb in absence of leads on cotton market

Small business was seen on the cotton market on Thursday as some needy mills stuck deals to meet the urgent needs, dealers said. Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 12,000, they said. In Sindh and Punjab, phutti price o
Published 25 Mar, 2011 12:00am
Oil cake market rates

Oil cake market rates

Rising trend persisted on the forward cottonseed oilcake market on Thursday in process of trading, dealers said. The March vaida that had closed at Rs 1251.40 opened with a solid gain of Rs 2.00 at Rs 1253.40. The May contract which closed at Rs 1325.80 o
Published 25 Mar, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 205,093 tonnes of cargo including 160,163 tonnes of import cargo, 44,930 tonnes of export cargo and 1,885 loaded & empty containers during last 48 hours ended at 0700 hours on Thursday.
Published 25 Mar, 2011 12:00am
Prices move both ways on grain market

Prices move both ways on grain market

Prices moved both ways on the wholesales grain market on Thursday in process of modest trading, dealers said. On the cereal side wheat old Bardan new and wheat New Bardan new both types gained Rs 10 to Rs 2560-4575.
Published 25 Mar, 2011 12:00am
Recurring rains lift Argentine soyabean growth

Recurring rains lift Argentine soyabean growth

A second week of rains in central and southern parts of Argentina's farming belt should help maturing soya crops after a dry spell late last month, the Buenos Aires Grains Exchange said on Wednesday. Argentina, the world's third-biggest soya exporter, had
Published 25 Mar, 2011 12:00am
US wheat futures fall on moisture forecast

US wheat futures fall on moisture forecast

US wheat futures ended more than 1 percent lower on Wednesday as forecasts for beneficial rain and snow in the southern Plains improved crop prospects that have been dimmed by prolonged dry weather in the wheat belt.
Published 25 Mar, 2011 12:00am
The three ordinances and refunds scheme

The three ordinances and refunds scheme

The three presidential ordinances that imposed a number of taxes, that were tabled in parliament in November 2010, but could not come up for passage due to sustained rhetorical opposition by not only the PML (N), but also the coalition partners, particula
Published 25 Mar, 2011 12:00am
Deedar Shah's Disqualification

Deedar Shah's Disqualification

The Supreme Court has released its detailed judgement on former Justice Deeder Shah's third time appointment as Chairman of the National Accountability Bureau, giving reasons for blocking his rehiring for the same responsibility. A short order on this was
Published 25 Mar, 2011 12:00am
Better late than never - bravo FBR!

Better late than never - bravo FBR!

As a single drop of water falling consistently on the hardest of rocks eventually makes it to soften, luckily our restlessness writings since 1994, drawing attention of the revenue authorities towards affluent segments of the society evading taxes with im
Published 25 Mar, 2011 12:00am
Speak the truth please

Speak the truth please

It is hard to take issue with the perception that the people are infuriated over the deterioration in their economic situation, the political instability, the law and order situation in the country and more so the inability of the government to mitigate t
Published 25 Mar, 2011 12:00am
Diplomats mourn 'death' of EU defence policy over Libya

Diplomats mourn 'death' of EU defence policy over Libya

The European Union has been toying with the idea of creating a common defence policy for at least a decade. Diplomats say that the Libyan crisis has put an end to that illusion. Common Foreign and Security Policy (CFSP) "shall cover all areas of foreign p
Published 25 Mar, 2011 12:00am
Evaluating President's address objectively

Evaluating President's address objectively

Addresses by the heads of state or government must never be evaluated on irrelevant yardsticks as is being done about President Asif Ali Zardari's address to the joint sitting of the parliament, by some political and media critics whose argument that ther
Published 25 Mar, 2011 12:00am
'A story of commitment and service'

'A story of commitment and service'

Today, the present PPP-led democratic government has completed three of its five years term. The people's government came into power at a time when the negative effects of the myopic decision making of the last decade had started to appear on the national
Published 25 Mar, 2011 12:00am
Lahore to be made drug-free city: DDG ANF

Lahore to be made drug-free city: DDG ANF

The provincial capital would be made a drug-free city in a period of three years time under the Lahore Drug Free City (LDFC) Project. Muhammad Altaf Qumar, Deputy Director General of Anti Narcotic Force (ANF), expressed these views while addressing a semi
Published 25 Mar, 2011 12:00am
US MIDDAY: gold pares gains

US MIDDAY: gold pares gains

Gold pared gains after rising to record highs on Thursday, as investors took profits from a brief rally driven by revived jitters over the eurozone sovereign debt crisis amid political instability in Portugal ahead of an EU summit.
Published 25 Mar, 2011 12:00am
US MIDDAY: wheat and corn surge

US MIDDAY: wheat and corn surge

US wheat futures rallied nearly 3 percent on Thursday, more than recouping the previous session's decline, as concern grew about dry weather in the US Southern Plains crop region. Corn futures surged 2.5 percent on renewed rumours that China purchased cor
Published 25 Mar, 2011 12:00am
US MIDDAY: sugar jumps

US MIDDAY: sugar jumps

Sugar futures bounded higher on Thursday on concern about delays to the harvest in top producer Brazil, but cocoa fell and coffee wound up mixed.
Published 25 Mar, 2011 12:00am
Gold hits record high in European trade

Gold hits record high in European trade

Gold rallied to a fresh record high on Thursday in its longest string of gains in ten months, against a backdrop of a wilting dollar, Middle East violence and growing chances of a Portuguese bailout.
Published 25 Mar, 2011 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold prices held steady on Thursday as it drew support from the spreading turmoil in the Middle East and talk of extended loose US monetary policy after lackluster home sales data. Spot gold was nearly flat at $1,436.55 an ounce by 0703 GMT, while US gold
Published 25 Mar, 2011 12:00am
US gold and silver climb

US gold and silver climb

US gold futures rose to within reach of its all-time high on Wednesday, as record low US new home sales stirred talk of extended central banks' accommodative policies, and a possible collapse of Portugal's government rekindled eurozone debt worries.
Published 25 Mar, 2011 12:00am
Liffe sugar higher

Liffe sugar higher

Liffe May white sugar rises $18.20 to close at $706.10 a tonne on Thursday. Market supported by concern about delays to the harvest in top producer Brazil. Liffe May robusta coffee ends $31 higher at $2,569 a tonne. Traders continued to keep a close watch
Published 25 Mar, 2011 12:00am
Soyabean volume at lowest level since November

Soyabean volume at lowest level since November

Chicago Board of Trade soyabean futures closed lower on Wednesday, pressured by a final run of profit-taking just before the pit close, traders said. Continued speculation about China's rumoured purchase of corn was an ongoing drag on the market, they sai
Published 25 Mar, 2011 12:00am
New York sugar sees lowest daily volume in nearly three months

New York sugar sees lowest daily volume in nearly three months

Arabica coffee futures closed down on Wednesday, easing further away from a 34-year high touched earlier this month, while cocoa was little changed as an export ban in top grower Ivory Coast kept things at a standstill.
Published 25 Mar, 2011 12:00am
Malaysian palm oil off four-month low

Malaysian palm oil off four-month low

Malaysia's crude palm oil futures ended off a four-month low on Thursday although weak technicals and expectations of strong production continued to weigh. Palm oil, which has lost around 15 percent so far this year, could decline further as the market is
Published 25 Mar, 2011 12:00am
Tokyo rubber futures higher

Tokyo rubber futures higher

Tokyo rubber futures ended slightly higher on Thursday, supported by strong demand at a time when supply in major producing countries is tight, but gains were limited by profit-taking, dealers said.
Published 25 Mar, 2011 12:00am
US oil steadies, London Brent settles up

US oil steadies, London Brent settles up

US oil prices steadied on Thursday after spiking in early trade on supply worries amid fighting in Libya and growing unrest in the Middle East. Trading was volatile and volume thin as investors awaited the next turn of events in the Middle East and as the
Published 25 Mar, 2011 12:00am
Copper falls

Copper falls

Copper prices ended lower on Thursday, falling from almost three-week highs after new orders for US manufactured goods fell unexpectedly last month, hinting at slowing activity in the world's largest economy. Three-month copper on the London Metal Exchang
Published 25 Mar, 2011 12:00am
Shanghai lead jumps six percent at debut

Shanghai lead jumps six percent at debut

Shanghai lead futures jumped more than 6 percent in an explosive debut that saw more than 200,000 tonnes of metal change hands in less than 20 minutes. It was Shanghai's new lead contract that stole the show, rallying by as much as 6.7 percent to 19,570 y
Published 25 Mar, 2011 12:00am
US copper up

US copper up

Copper prices climbed more than 2 percent on Wednesday to their highest level in two weeks, shrugging off dismal US housing data and rallying in tandem with broader industrial commodity strength.
Published 25 Mar, 2011 12:00am
New York cotton settles higher

New York cotton settles higher

US cotton futures settled higher on Thursday on investor buying and as Texas, the top growing state in the country, suffers a drought said to be its worst in more than 40 years, analysts said. The key May cotton contract on ICE Futures US climbed 6.95 cen
Published 25 Mar, 2011 12:00am
New York cotton

New York cotton

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

Published 25 Mar, 2011 12:00am
New York cotton

New York cotton

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

Published 25 Mar, 2011 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 25 Mar, 2011 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 Commi
Published 25 Mar, 2011 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 Thursday (March 24, 2011).

Published 25 Mar, 2011 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 Thursday (March 24, 2011).

Published 25 Mar, 2011 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 Thursday (March 24, 2011).

Published 25 Mar, 2011 12:00am
Pakistan and Uzbekistan ink accord, MoU

Pakistan and Uzbekistan ink accord, MoU

Pakistan and Uzbekistan on Thursday inked an Agreement and a Memorandum of Understanding on ease in transport and transit of goods, and co-operation in veterinary sciences. Prime Minister Syed Yousuf Raza Gilani and his Uzbek counterpart Shavkat Mirziyoye
Published 25 Mar, 2011 12:00am
Pakistan and Uzbekistan ink accord, MoU

Pakistan and Uzbekistan ink accord, MoU

Pakistan and Uzbekistan on Thursday inked an Agreement and a Memorandum of Understanding on ease in transport and transit of goods, and co-operation in veterinary sciences. Prime Minister Syed Yousuf Raza Gilani and his Uzbek counterpart Shavkat Mirziyoye
Published 25 Mar, 2011 12:00am
Pakistan and Uzbekistan ink accord, MoU

Pakistan and Uzbekistan ink accord, MoU

Pakistan and Uzbekistan on Thursday inked an Agreement and a Memorandum of Understanding on ease in transport and transit of goods, and co-operation in veterinary sciences. Prime Minister Syed Yousuf Raza Gilani and his Uzbek counterpart Shavkat Mirziyoye
Published 25 Mar, 2011 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 Thursday (March 24, 2011).

Published 25 Mar, 2011 12:00am
India set up clash with Pakistan

India set up clash with Pakistan

India ended Australia's remarkable 12-year reign as World Cup champions with a five-wicket win on Thursday, setting up a semi-final clash with Pakistan on March 30. Four-times champions Australia rode skipper Ricky Ponting's (104) 30th ODI century to post
Published 25 Mar, 2011 12:00am
India set up clash with Pakistan

India set up clash with Pakistan

India ended Australia's remarkable 12-year reign as World Cup champions with a five-wicket win on Thursday, setting up a semi-final clash with Pakistan on March 30. Four-times champions Australia rode skipper Ricky Ponting's (104) 30th ODI century to post
Published 25 Mar, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (March 24, 2011).
Published 25 Mar, 2011 12:00am
NBP, HBL and Kapco GDRs planned

NBP, HBL and Kapco GDRs planned

The government is planning to launch Global Depository Receipts (GDRs) of National Bank, Habib Bank and Kot Addu Power Company Limited (Kapco) for the financial year 2011-12, it is learnt. Sources said the Privatisation Commission had recommended to the r
Published 25 Mar, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (March 24, 2011).

Published 25 Mar, 2011 12:00am
NBP, HBL and Kapco GDRs planned

NBP, HBL and Kapco GDRs planned

The government is planning to launch Global Depository Receipts (GDRs) of National Bank, Habib Bank and Kot Addu Power Company Limited (Kapco) for the financial year 2011-12, it is learnt. Sources said the Privatisation Commission had recommended to the r
Published 25 Mar, 2011 12:00am
Previous Day