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Archive - 2011-06-12
Worrying sign of more losses
Financial

Worrying sign of more losses

NEW YORK : Don't be surprised if Wall Street racks up a seventh consecutive week of losses as the likelihood of more poo
Published 12 Jun, 2011 05:05pm
Fake drugs detected
Markets

Fake drugs detected

LAHORE : Accelerating a drive against spurious and substandard drugs, drug inspectors of the Health Department inspected
Published 12 Jun, 2011 03:49pm
Prada five times subscribed
Industry

Prada five times subscribed

HONG KONG : Italian fashion house Prada, which is seeking to raise up to $2.6 billion through a Hong Kong IPO, has gener
Published 12 Jun, 2011 01:53pm
Syrian forces attack Northern Town
Top News

Syrian forces attack Northern Town

AMMAN : Syrian tanks and helicopters stormed the town of Jisr al-Shughour on Sunday, residents said, and state televis
Published 12 Jun, 2011 01:13pm
Tehmina hails Punjab budget
Pakistan

Tehmina hails Punjab budget

VEHARI: Pakistan Muslim League-N MNA Tehmina Daultana lauded the Punjab government for presenting a balanced budget.
Published 12 Jun, 2011 10:54am
Tehmina hails Punjab budget
Top News

Tehmina hails Punjab budget

VEHARI: Pakistan Muslim League-N MNA Tehmina Daultana lauded the Punjab government for presenting a balanced budget.
Published 12 Jun, 2011 12:00am
FBR may land in French court

FBR may land in French court

False promises may land Federal Board of Revenue FBR) in French court to face Kuwait-based software supplier, Agility, owner of Pakistan Automated Customs Computerised System (PaCCS), for settlement of dues, including six years of service to Pakistan Cust
Published 12 Jun, 2011 12:00am
EAD ready to ratify agreement with GCC after seven years

EAD ready to ratify agreement with GCC after seven years

The Economic Affairs Division (EAD) has finally awakened to ratify the framework economic co-operation agreement signed between Pakistan and GCC countries after seven years. The GCC consists of six Arab nations-Bahrain, Kuwait, Oman, Qatar, Saudi Arabia a
Published 12 Jun, 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 12 Jun, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (June 11, 2011).
Published 12 Jun, 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 12 Jun, 2011 12:00am
EAD ready to ratify agreement with GCC after seven years

EAD ready to ratify agreement with GCC after seven years

The Economic Affairs Division (EAD) has finally awakened to ratify the framework economic co-operation agreement signed between Pakistan and GCC countries after seven years. The GCC consists of six Arab nations-Bahrain, Kuwait, Oman, Qatar, Saudi Arabia a
Published 12 Jun, 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 Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (June 11, 2011).

Published 12 Jun, 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 Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
EAD ready to ratify agreement with GCC after seven years

EAD ready to ratify agreement with GCC after seven years

The Economic Affairs Division (EAD) has finally awakened to ratify the framework economic co-operation agreement signed between Pakistan and GCC countries after seven years. The GCC consists of six Arab nations-Bahrain, Kuwait, Oman, Qatar, Saudi Arabia a
Published 12 Jun, 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 Saturday (June 11, 2011).

Published 12 Jun, 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 Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (June 11, 2011).
Published 12 Jun, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Trade accord comes into operation

Trade accord comes into operation

The new Afghanistan-Pakistan Transit Trade Agreement (APTTA) came into force yesterday (June 10), announced Prime Minister Syed Yousuf Raza Gilani and termed it a landmark development that would help generate greater economic activities in the two countri
Published 12 Jun, 2011 12:00am
Trade accord comes into operation

Trade accord comes into operation

The new Afghanistan-Pakistan Transit Trade Agreement (APTTA) came into force yesterday (June 10), announced Prime Minister Syed Yousuf Raza Gilani and termed it a landmark development that would help generate greater economic activities in the two countri
Published 12 Jun, 2011 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Trade accord comes into operation

Trade accord comes into operation

The new Afghanistan-Pakistan Transit Trade Agreement (APTTA) came into force yesterday (June 10), announced Prime Minister Syed Yousuf Raza Gilani and termed it a landmark development that would help generate greater economic activities in the two countri
Published 12 Jun, 2011 12:00am
Confusion in dates

Confusion in dates

Ambiguity over the effective dates for the new Afghanistan-Pakistan Transit Trade Agreement (APTTA) was cleared at the joint press conference by Prime Minister Gilani and Afghan President Karzai and "The Islamabad Declaration" signed by the two countries.
Published 12 Jun, 2011 12:00am
THE RUPEE: dollar recoups

THE RUPEE: dollar recoups

The rupee gave up its overnight firmness in relation to dollar on the currency market at the weekend, experts said. The rupee dropped by 11 paisa in terms of the greenback for buying at 85.74 and it shed 10 paisa for selling at 85.77, they said.
Published 12 Jun, 2011 12:00am
THE RUPEE: dollar recoups

THE RUPEE: dollar recoups

The rupee gave up its overnight firmness in relation to dollar on the currency market at the weekend, experts said. The rupee dropped by 11 paisa in terms of the greenback for buying at 85.74 and it shed 10 paisa for selling at 85.77, they said.
Published 12 Jun, 2011 12:00am
Confusion in dates

Confusion in dates

Ambiguity over the effective dates for the new Afghanistan-Pakistan Transit Trade Agreement (APTTA) was cleared at the joint press conference by Prime Minister Gilani and Afghan President Karzai and "The Islamabad Declaration" signed by the two countries.
Published 12 Jun, 2011 12:00am
THE RUPEE: dollar recoups

THE RUPEE: dollar recoups

The rupee gave up its overnight firmness in relation to dollar on the currency market at the weekend, experts said. The rupee dropped by 11 paisa in terms of the greenback for buying at 85.74 and it shed 10 paisa for selling at 85.77, they said.
Published 12 Jun, 2011 12:00am
THE RUPEE: dollar recoups

THE RUPEE: dollar recoups

The rupee gave up its overnight firmness in relation to dollar on the currency market at the weekend, experts said. The rupee dropped by 11 paisa in terms of the greenback for buying at 85.74 and it shed 10 paisa for selling at 85.77, they said.
Published 12 Jun, 2011 12:00am
Confusion in dates

Confusion in dates

Ambiguity over the effective dates for the new Afghanistan-Pakistan Transit Trade Agreement (APTTA) was cleared at the joint press conference by Prime Minister Gilani and Afghan President Karzai and "The Islamabad Declaration" signed by the two countries.
Published 12 Jun, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Islamabad declaration for closer economic ties

Islamabad declaration for closer economic ties

Realising the common vision of shared development, prosperity and peace between the two countries, Pakistan and Afghanistan on Saturday came up with a "Islamabad Declaration", in which both sides expressed their satisfaction on the signing and ratificatio
Published 12 Jun, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Islamabad declaration for closer economic ties

Islamabad declaration for closer economic ties

Realising the common vision of shared development, prosperity and peace between the two countries, Pakistan and Afghanistan on Saturday came up with a "Islamabad Declaration", in which both sides expressed their satisfaction on the signing and ratificatio
Published 12 Jun, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Islamabad declaration for closer economic ties

Islamabad declaration for closer economic ties

Realising the common vision of shared development, prosperity and peace between the two countries, Pakistan and Afghanistan on Saturday came up with a "Islamabad Declaration", in which both sides expressed their satisfaction on the signing and ratificatio
Published 12 Jun, 2011 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Tax collection crossed Rs 1,329 billion mark on June 6

Tax collection crossed Rs 1,329 billion mark on June 6

The revenue collection of the Federal Board of Revenue (FBR) during July 2010-June 6, 2011 making Herculean efforts crossed the figure of Rs 1329.38 billion, which was one year's tax collection of July-June last fiscal year 2009-10. Sources told Busine
Published 12 Jun, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Tax collection crossed Rs 1,329 billion mark on June 6

Tax collection crossed Rs 1,329 billion mark on June 6

The revenue collection of the Federal Board of Revenue (FBR) during July 2010-June 6, 2011 making Herculean efforts crossed the figure of Rs 1329.38 billion, which was one year's tax collection of July-June last fiscal year 2009-10. Sources told Busine
Published 12 Jun, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Tax collection crossed Rs 1,329 billion mark on June 6

Tax collection crossed Rs 1,329 billion mark on June 6

The revenue collection of the Federal Board of Revenue (FBR) during July 2010-June 6, 2011 making Herculean efforts crossed the figure of Rs 1329.38 billion, which was one year's tax collection of July-June last fiscal year 2009-10. Sources told Busine
Published 12 Jun, 2011 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
ST rate cut from July 1: FBR chief clears confusion

ST rate cut from July 1: FBR chief clears confusion

The Chairman of Federal Board of Revenue (FBR), Salman Siddique, has said that the reduction in sales tax from 17 to 16 percent and abolition of the 2.5 percent special excise duty (SED) would be effective from July 1, 2011. Talking to Business Recorde
Published 12 Jun, 2011 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
ST rate cut from July 1: FBR chief clears confusion

ST rate cut from July 1: FBR chief clears confusion

The Chairman of Federal Board of Revenue (FBR), Salman Siddique, has said that the reduction in sales tax from 17 to 16 percent and abolition of the 2.5 percent special excise duty (SED) would be effective from July 1, 2011. Talking to Business Recorde
Published 12 Jun, 2011 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
ST rate cut from July 1: FBR chief clears confusion

ST rate cut from July 1: FBR chief clears confusion

The Chairman of Federal Board of Revenue (FBR), Salman Siddique, has said that the reduction in sales tax from 17 to 16 percent and abolition of the 2.5 percent special excise duty (SED) would be effective from July 1, 2011. Talking to Business Recorde
Published 12 Jun, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Somalia says killed top African al Qaeda operative

Somalia says killed top African al Qaeda operative

Somali police said on Saturday that Fazul Abdullah Mohammed, one of Africa's most wanted al Qaeda operatives, was killed in the capital of the Horn of Africa country on Tuesday. Mohammed was reputed to be the head of al Qaeda in east Africa, operated in S
Published 12 Jun, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Somalia says killed top African al Qaeda operative

Somalia says killed top African al Qaeda operative

Somali police said on Saturday that Fazul Abdullah Mohammed, one of Africa's most wanted al Qaeda operatives, was killed in the capital of the Horn of Africa country on Tuesday. Mohammed was reputed to be the head of al Qaeda in east Africa, operated in S
Published 12 Jun, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Thousands of Syrian refugees flood into Turkey

Thousands of Syrian refugees flood into Turkey

Around 4,600 Syrians have fled a brutal crackdown against pro-democracy protesters and are staying in camps in southern Turkey, a government official in Ankara told AFP Saturday. "The latest figure is 4,600," the official said. Hundreds fled over just a f
Published 12 Jun, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (June 11, 2011) and for Sunday (June 12, 2011).
Published 12 Jun, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Thousands of Syrian refugees flood into Turkey

Thousands of Syrian refugees flood into Turkey

Around 4,600 Syrians have fled a brutal crackdown against pro-democracy protesters and are staying in camps in southern Turkey, a government official in Ankara told AFP Saturday. "The latest figure is 4,600," the official said. Hundreds fled over just a f
Published 12 Jun, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
34 killed, 94 injured in Peshawar blasts

34 killed, 94 injured in Peshawar blasts

Twin bomb blasts at a crowded supermarket killed at least 34 people and injured more than 94, here on Saturday, police said. The explosions took place in the Khyber Super Market, which is surrounded by residential flats for students, shops, a fruit juices
Published 12 Jun, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (June 11, 2011) and the forecast for Sunday (June 12, 2011).

Published 12 Jun, 2011 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (May 02 to 31, 2011)

Published 12 Jun, 2011 12:00am
34 killed, 94 injured in Peshawar blasts

34 killed, 94 injured in Peshawar blasts

Twin bomb blasts at a crowded supermarket killed at least 34 people and injured more than 94, here on Saturday, police said. The explosions took place in the Khyber Super Market, which is surrounded by residential flats for students, shops, a fruit juices
Published 12 Jun, 2011 12:00am
Probing ST fraud cases: FBR DG I&I no more empowered

Probing ST fraud cases: FBR DG I&I no more empowered

The Directorate General Intelligence and Investigation Federal Board of Revenue (FBR) would not remain empowered to investigate and prosecute cases of sales tax, mega tax scams and tax frauds already detected by the agency following proposed amendments in
Published 12 Jun, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Probing ST fraud cases: FBR DG I&I no more empowered

Probing ST fraud cases: FBR DG I&I no more empowered

The Directorate General Intelligence and Investigation Federal Board of Revenue (FBR) would not remain empowered to investigate and prosecute cases of sales tax, mega tax scams and tax frauds already detected by the agency following proposed amendments in
Published 12 Jun, 2011 12:00am
Probing ST fraud cases: FBR DG I&I no more empowered

Probing ST fraud cases: FBR DG I&I no more empowered

The Directorate General Intelligence and Investigation Federal Board of Revenue (FBR) would not remain empowered to investigate and prosecute cases of sales tax, mega tax scams and tax frauds already detected by the agency following proposed amendments in
Published 12 Jun, 2011 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
No US boots to be allowed on ground: CIA chief bluntly told

No US boots to be allowed on ground: CIA chief bluntly told

CIA Director Leon Panetta told Pakistan's army and intelligence chiefs that he was concerned about a reduction of US troops allowed in the country, but was bluntly told no American boots would be allowed on the ground, Pakistani military officials said. P
Published 12 Jun, 2011 12:00am
No US boots to be allowed on ground: CIA chief bluntly told

No US boots to be allowed on ground: CIA chief bluntly told

CIA Director Leon Panetta told Pakistan's army and intelligence chiefs that he was concerned about a reduction of US troops allowed in the country, but was bluntly told no American boots would be allowed on the ground, Pakistani military officials said. P
Published 12 Jun, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Khyber Pakhtunkhwa unveils Rs 249.15 billion budget

Khyber Pakhtunkhwa unveils Rs 249.15 billion budget

The provincial government of Khyber Pakhtunkhwa on Saturday presented a balanced budget of Rs 249.15 billion for the financial year 2011-12. The Minister for Finance, Engineer Mohammad Hamayun Khan presented the budget in a specially convened session of t
Published 12 Jun, 2011 12:00am
Khyber Pakhtunkhwa unveils Rs 249.15 billion budget

Khyber Pakhtunkhwa unveils Rs 249.15 billion budget

The provincial government of Khyber Pakhtunkhwa on Saturday presented a balanced budget of Rs 249.15 billion for the financial year 2011-12. The Minister for Finance, Engineer Mohammad Hamayun Khan presented the budget in a specially convened session of t
Published 12 Jun, 2011 12:00am
Khyber Pakhtunkhwa unveils Rs 249.15 billion budget

Khyber Pakhtunkhwa unveils Rs 249.15 billion budget

The provincial government of Khyber Pakhtunkhwa on Saturday presented a balanced budget of Rs 249.15 billion for the financial year 2011-12. The Minister for Finance, Engineer Mohammad Hamayun Khan presented the budget in a specially convened session of t
Published 12 Jun, 2011 12:00am
Khyber Pakhtunkhwa unveils Rs 249.15 billion budget

Khyber Pakhtunkhwa unveils Rs 249.15 billion budget

The provincial government of Khyber Pakhtunkhwa on Saturday presented a balanced budget of Rs 249.15 billion for the financial year 2011-12. The Minister for Finance, Engineer Mohammad Hamayun Khan presented the budget in a specially convened session of t
Published 12 Jun, 2011 12:00am
Rs 85.14 billion earmarked for ADP

Rs 85.14 billion earmarked for ADP

The Khyber Pakhtunkhwa government has earmarked Rs 85.1410 billion for Annual Development Programme (ADP) in the budget for 2011-12, with increase in its volume by 15 percent as compared to current financial year. According to budget statistics, the ADP w
Published 12 Jun, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (June 11, 2011) and for Sunday (June 12, 2011).
Published 12 Jun, 2011 12:00am
Rs 85.14 billion earmarked for ADP

Rs 85.14 billion earmarked for ADP

The Khyber Pakhtunkhwa government has earmarked Rs 85.1410 billion for Annual Development Programme (ADP) in the budget for 2011-12, with increase in its volume by 15 percent as compared to current financial year. According to budget statistics, the ADP w
Published 12 Jun, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Rs 85.14 billion earmarked for ADP

Rs 85.14 billion earmarked for ADP

The Khyber Pakhtunkhwa government has earmarked Rs 85.1410 billion for Annual Development Programme (ADP) in the budget for 2011-12, with increase in its volume by 15 percent as compared to current financial year. According to budget statistics, the ADP w
Published 12 Jun, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Land bank to be set up

Land bank to be set up

The Khyber Pakthukhwa (KP) Government has formulated a gigantic plan for establishment of land bank to encourage housing sector as Rs 1.74 billion have been allocated for this important sector to complete 13 projects in fiscal 2011-12. This was stated by
Published 12 Jun, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 11, 2011).

Published 12 Jun, 2011 12:00am
Land bank to be set up

Land bank to be set up

The Khyber Pakthukhwa (KP) Government has formulated a gigantic plan for establishment of land bank to encourage housing sector as Rs 1.74 billion have been allocated for this important sector to complete 13 projects in fiscal 2011-12. This was stated by
Published 12 Jun, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (June 11, 2011) and the forecast for Sunday (June 12, 2011).

Published 12 Jun, 2011 12:00am
Land bank to be set up

Land bank to be set up

The Khyber Pakthukhwa (KP) Government has formulated a gigantic plan for establishment of land bank to encourage housing sector as Rs 1.74 billion have been allocated for this important sector to complete 13 projects in fiscal 2011-12. This was stated by
Published 12 Jun, 2011 12:00am
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (May 02 to 31, 2011)

Published 12 Jun, 2011 12:00am
Rs 15.082 billion rise in SBP expenses invites audit's objection

Rs 15.082 billion rise in SBP expenses invites audit's objection

General administrative and other expenses of the State Bank of Pakistan rose to Rs 15.082 billion in 2009-10 as compared to Rs 10.907 billion during the previous year, registering a whopping increase of 38.3 percent. According to Audit Report-2010-11, thi
Published 12 Jun, 2011 12:00am
Rs 15.082 billion rise in SBP expenses invites audit's objection

Rs 15.082 billion rise in SBP expenses invites audit's objection

General administrative and other expenses of the State Bank of Pakistan rose to Rs 15.082 billion in 2009-10 as compared to Rs 10.907 billion during the previous year, registering a whopping increase of 38.3 percent. According to Audit Report-2010-11, thi
Published 12 Jun, 2011 12:00am
Rs 15.082 billion rise in SBP expenses invites audit''s objection

Rs 15.082 billion rise in SBP expenses invites audit''s objection

General administrative and other expenses of the State Bank of Pakistan rose to Rs 15.082 billion in 2009-10 as compared to Rs 10.907 billion during the previous year, registering a whopping increase of 38.3 percent. According to Audit Report-2010-11, thi
Published 12 Jun, 2011 12:00am
Eight children, four women among 21 killed in Afghan blasts

Eight children, four women among 21 killed in Afghan blasts

A series of bombs and explosions killed 21 people in Afghanistan's southern and eastern flashpoints on Saturday, among them at least eight children and four women, government officials said. In the deadliest attack, a vehicle hit a mine in Arghandab distr
Published 12 Jun, 2011 12:00am
Eight children, four women among 21 killed in Afghan blasts

Eight children, four women among 21 killed in Afghan blasts

A series of bombs and explosions killed 21 people in Afghanistan's southern and eastern flashpoints on Saturday, among them at least eight children and four women, government officials said. In the deadliest attack, a vehicle hit a mine in Arghandab distr
Published 12 Jun, 2011 12:00am
Qadhafi offered way out amid deadly clashes

Qadhafi offered way out amid deadly clashes

Turkey said it has offered Moamer Qadhafi guarantees to leave Libya but has yet to receive a reply, as rebels reported his forces killed 20 people in a fierce assault on Misrata. Fresh Nato-led strikes sent up plumes of smoke Friday in Tripoli, where Qadh
Published 12 Jun, 2011 12:00am
Qadhafi offered way out amid deadly clashes

Qadhafi offered way out amid deadly clashes

Turkey said it has offered Moamer Qadhafi guarantees to leave Libya but has yet to receive a reply, as rebels reported his forces killed 20 people in a fierce assault on Misrata. Fresh Nato-led strikes sent up plumes of smoke Friday in Tripoli, where Qadh
Published 12 Jun, 2011 12:00am
Rs nine billion to be invested in energy sector: Khosa

Rs nine billion to be invested in energy sector: Khosa

During the next fiscal year, the Punjab government would invest Rs 9 billion in energy sector to generate 500 megawatts of electricity, disclosed Senior Advisor to Punjab CM Sardar Zulfiqar Khan Khosa. He was addressing a post-budget press conference here
Published 12 Jun, 2011 12:00am
Rs nine billion to be invested in energy sector: Khosa

Rs nine billion to be invested in energy sector: Khosa

During the next fiscal year, the Punjab government would invest Rs 9 billion in energy sector to generate 500 megawatts of electricity, disclosed Senior Advisor to Punjab CM Sardar Zulfiqar Khan Khosa. He was addressing a post-budget press conference here
Published 12 Jun, 2011 12:00am
Rs nine billion to be invested in energy sector: Khosa

Rs nine billion to be invested in energy sector: Khosa

During the next fiscal year, the Punjab government would invest Rs 9 billion in energy sector to generate 500 megawatts of electricity, disclosed Senior Advisor to Punjab CM Sardar Zulfiqar Khan Khosa. He was addressing a post-budget press conference here
Published 12 Jun, 2011 12:00am
Sindh earmarks Rs 6.053 billion for agriculture sector: Murad

Sindh earmarks Rs 6.053 billion for agriculture sector: Murad

The Sindh government has earmarked Rs 6.053 billion for the aggrandisement of agriculture sector including food, livestock and fisheries for FY12. The amount comes to 3.9 percent of the total development outlay. Addressing the post-budget news conference
Published 12 Jun, 2011 12:00am
Sindh earmarks Rs 6.053 billion for agriculture sector: Murad

Sindh earmarks Rs 6.053 billion for agriculture sector: Murad

The Sindh government has earmarked Rs 6.053 billion for the aggrandisement of agriculture sector including food, livestock and fisheries for FY12. The amount comes to 3.9 percent of the total development outlay. Addressing the post-budget news conference
Published 12 Jun, 2011 12:00am
Sindh earmarks Rs 6.053 billion for agriculture sector: Murad

Sindh earmarks Rs 6.053 billion for agriculture sector: Murad

The Sindh government has earmarked Rs 6.053 billion for the aggrandisement of agriculture sector including food, livestock and fisheries for FY12. The amount comes to 3.9 percent of the total development outlay. Addressing the post-budget news conference
Published 12 Jun, 2011 12:00am
Saudi Prince Khalid bin Abdullah dies

Saudi Prince Khalid bin Abdullah dies

Prince Khalid bin Abdullah bin Abdulaziz Al Saud, the eldest child of Saudi Arabia's King Abdullah, has died, state media reported Saturday. He was 54. Prince Khalid died Friday and funeral rites were performed in the Saudi capital Riyadh, according to a
Published 12 Jun, 2011 12:00am
Saudi Prince Khalid bin Abdullah dies

Saudi Prince Khalid bin Abdullah dies

Prince Khalid bin Abdullah bin Abdulaziz Al Saud, the eldest child of Saudi Arabia's King Abdullah, has died, state media reported Saturday. He was 54. Prince Khalid died Friday and funeral rites were performed in the Saudi capital Riyadh, according to a
Published 12 Jun, 2011 12:00am
Journalist shot dead in Mumbai

Journalist shot dead in Mumbai

A senior Indian journalist investigating underworld crime in India's financial hub Mumbai was shot dead in broad daylight on Saturday, police said. Jyotirmoy Dey, a senior journalist with daily Mid Day, was shot dead by unidentified gunmen in Powai area o
Published 12 Jun, 2011 12:00am
Journalist shot dead in Mumbai

Journalist shot dead in Mumbai

A senior Indian journalist investigating underworld crime in India's financial hub Mumbai was shot dead in broad daylight on Saturday, police said. Jyotirmoy Dey, a senior journalist with daily Mid Day, was shot dead by unidentified gunmen in Powai area o
Published 12 Jun, 2011 12:00am
May 2 commission secretariat set up

May 2 commission secretariat set up

The Cabinet Division has established a secretariat to support and assist the commission on Abbottabad incident in doing its work. It may be recalled that the Ministry of Law, Justice and Parliamentary Affairs on May 31 constituted an independent commissio
Published 12 Jun, 2011 12:00am
May 2 commission secretariat set up

May 2 commission secretariat set up

The Cabinet Division has established a secretariat to support and assist the commission on Abbottabad incident in doing its work. It may be recalled that the Ministry of Law, Justice and Parliamentary Affairs on May 31 constituted an independent commissio
Published 12 Jun, 2011 12:00am
LTU detects Rs 22 billion discrepancies in eight banks' accounts

LTU detects Rs 22 billion discrepancies in eight banks' accounts

The Large Taxpayers Unit (LTU), Karachi, has detected massive discrepancies, worth Rs 22 billion, in the ledgers of some eight financial institutions, sources said on Saturday. "The Karachi LTU has surfaced Rs 22 billion revenue leakage during monitoring
Published 12 Jun, 2011 12:00am
LTU detects Rs 22 billion discrepancies in eight banks' accounts

LTU detects Rs 22 billion discrepancies in eight banks' accounts

The Large Taxpayers Unit (LTU), Karachi, has detected massive discrepancies, worth Rs 22 billion, in the ledgers of some eight financial institutions, sources said on Saturday. "The Karachi LTU has surfaced Rs 22 billion revenue leakage during monitoring
Published 12 Jun, 2011 12:00am
LTU detects Rs 22 billion discrepancies in eight banks'' accounts

LTU detects Rs 22 billion discrepancies in eight banks'' accounts

The Large Taxpayers Unit (LTU), Karachi, has detected massive discrepancies, worth Rs 22 billion, in the ledgers of some eight financial institutions, sources said on Saturday. "The Karachi LTU has surfaced Rs 22 billion revenue leakage during monitoring
Published 12 Jun, 2011 12:00am
US foresees $46 billion in 2011 military sales

US foresees $46 billion in 2011 military sales

The United States plans to export $46.1 billion in weapons this year, nearly doubling its 2010 figures, officials said Friday. During the fiscal year 2011, which ends September 30, Washington expects the sales of equipment and military services through it
Published 12 Jun, 2011 12:00am
US foresees $46 billion in 2011 military sales

US foresees $46 billion in 2011 military sales

The United States plans to export $46.1 billion in weapons this year, nearly doubling its 2010 figures, officials said Friday. During the fiscal year 2011, which ends September 30, Washington expects the sales of equipment and military services through it
Published 12 Jun, 2011 12:00am
US foresees $46 billion in 2011 military sales

US foresees $46 billion in 2011 military sales

The United States plans to export $46.1 billion in weapons this year, nearly doubling its 2010 figures, officials said Friday. During the fiscal year 2011, which ends September 30, Washington expects the sales of equipment and military services through it
Published 12 Jun, 2011 12:00am
Cyclone weakens

Cyclone weakens

Tropical cyclone on Saturday weakened in the Northeast Arabian Sea, some 550 kms south-east of Karachi coast, the Met Office said. The cyclone is expected to move in the direction of north-west in next 36 hours, the Met Office advisory says, forecasting s
Published 12 Jun, 2011 12:00am
Cyclone weakens

Cyclone weakens

Tropical cyclone on Saturday weakened in the Northeast Arabian Sea, some 550 kms south-east of Karachi coast, the Met Office said. The cyclone is expected to move in the direction of north-west in next 36 hours, the Met Office advisory says, forecasting s
Published 12 Jun, 2011 12:00am
Warehouse surcharge waived

Warehouse surcharge waived

The Federal Board of Revenue has announced a major relief to the business community by waiving 2 percent penal surcharge on clearance of goods from warehouses during June period from 10 to June 30, 2011. In this connection, the FBR issued SRO 595(I)/2011
Published 12 Jun, 2011 12:00am
Warehouse surcharge waived

Warehouse surcharge waived

The Federal Board of Revenue has announced a major relief to the business community by waiving 2 percent penal surcharge on clearance of goods from warehouses during June period from 10 to June 30, 2011. In this connection, the FBR issued SRO 595(I)/2011
Published 12 Jun, 2011 12:00am
Warehouse surcharge waived

Warehouse surcharge waived

The Federal Board of Revenue has announced a major relief to the business community by waiving 2 percent penal surcharge on clearance of goods from warehouses during June period from 10 to June 30, 2011. In this connection, the FBR issued SRO 595(I)/2011
Published 12 Jun, 2011 12:00am
Another four Rangers personnel handed over to police

Another four Rangers personnel handed over to police

Another four Rangers personnel, who were involved in the killing of an unarmed youth in a public park, have been handed over to police on Saturday night, a private TV channel reported. Two soldiers from the Rangers, Shahid Zafar and Mohammed Afzal, were o
Published 12 Jun, 2011 12:00am
Karachi Fish Harbour security plan reviewed

Karachi Fish Harbour security plan reviewed

A meeting to review the security of installations in the Karachi Fish Harbour was held under the chairmanship of Zahid Ali Bhurgari, Provincial Minister for Fisheries.
Published 12 Jun, 2011 12:00am
Senate panel for action against management of two housing societies

Senate panel for action against management of two housing societies

The Sub-Committee of the Senate Standing Committee on Cabinet has called for strict action against the management of two housing societies - Federation of Employees Co-operative Housing Society and Pakistan Medical Housing Society in E-11 Islamabad in vie
Published 12 Jun, 2011 12:00am
Call to reduce expenditure, revenue rift

Call to reduce expenditure, revenue rift

Federal Minister for Finance, Dr Abdul Hafeez Shaikh called for reducing gap between non-developmental expenditures and revenues to improve socio-economic conditions of the masses.
Published 12 Jun, 2011 12:00am
Maximum funds allocated for health sector in budget

Maximum funds allocated for health sector in budget

Reacting to budgetary allocations for health sector in the Punjab budget of 2011-12, Parliamentary Secretary Health Dr Saeed Elahi has said that for the first time in the history of the province, maximum funds have been allocated for this sector, as overa
Published 12 Jun, 2011 12:00am
Government providing Rs one billion for Bacha Khan rozgar scheme

Government providing Rs one billion for Bacha Khan rozgar scheme

The government has been providing a grant of Rs 1 billion to Bacha Khan Khpal Rozgar Scheme to overcome unemployment and to facilitate and promote entrepreneurship in the province. The programme is financed through a fund of Rs 1bn, which has been provide
Published 12 Jun, 2011 12:00am
Ibad hands over shop keys to Boulton market traders

Ibad hands over shop keys to Boulton market traders

Sindh Governor Dr Ishratul Ibad Khan Saturday handed over keys of newly constructed shops to the shopkeepers of Boulton market whose shops and markets were set on fire by angry protesters after blast in an Ashura rally 18 months back. "Government today fu
Published 12 Jun, 2011 12:00am
'Punjab industrial crisis badly affecting labour class'

'Punjab industrial crisis badly affecting labour class'

The Chairman of Pakistan Hosiery Manufacturers & Exporters Association (PHMA), North Zone, Salamat Ali, has said that the prevailing industrial crisis in Punjab not only affected the industrialists and textile exporters, but had also severely hit the labo
Published 12 Jun, 2011 12:00am
Demonetization of Rs 500 old-design banknote from first October

Demonetization of Rs 500 old-design banknote from first October

Old design & bigger size banknote of Rs 500 will be demonetized with effect from 1st October, 2011. The State Bank of Pakistan (SBP) has asked the general public to exchange these notes from the field offices of SBP Banking Services Corporation (BSC) and
Published 12 Jun, 2011 12:00am
Advisor to Prime Minister to visit Kharotabad

Advisor to Prime Minister to visit Kharotabad

Advisor to Prime Minister, Mustafa Nawaz Khokhar will visit Kili Khaizi Kharotabad Quetta on Sunday where five foreigners including three women were killed in firing by the security forces and police on May 17. According to a handout issued on Saturday, A
Published 12 Jun, 2011 12:00am
Significant decrease marked in prices of essential items

Significant decrease marked in prices of essential items

Prices of essential commodities, including vegetables, wheat flour, and an entire range of pulses and cold drinks have registered a significant decrease during the past week. A survey carried out by Business Recorder here on Saturday showed that th
Published 12 Jun, 2011 12:00am
Government urged to speed up efforts to build water reservoirs

Government urged to speed up efforts to build water reservoirs

The government should accelerate its efforts for constructing new water reservoirs and dams on emergency basis to avert the looming water crisis which could put heavy brakes on economic growth. Water shortage issue has not been given the level of attentio
Published 12 Jun, 2011 12:00am
Complete shutdown observed in held Kashmir

Complete shutdown observed in held Kashmir

Kashmiri leaders called a general strike on Saturday to honour those killed in three summers of anti-India protests. Most shops, businesses and schools were closed Saturday while public transportation was not running in the main city of occupied Srinagar.
Published 12 Jun, 2011 12:00am
Pre-arrest bail granted to Imran Nazir

Pre-arrest bail granted to Imran Nazir

An additional district and sessions judge of Lahore here Saturday granted pre-arrest bail to national cricketer Imran Nazir in a kidnap attempt case and directed him to join police investigation. Lytton Road police had registered a case of kidnap attempt
Published 12 Jun, 2011 12:00am
0.1 million children to be administered polio drops

0.1 million children to be administered polio drops

Anti-polio campaign was formally kicked off by member Khyber Pakhtunkhawa Assembly Atiq-ur-Rehman and Mufti Syed Janan here on Saturday wherein over 100,000 children below the age of five would be administered polio drops. EDO Hangu Dr Ishaq Bangash on th
Published 12 Jun, 2011 12:00am
Over Rs 2.2 million looted from bank

Over Rs 2.2 million looted from bank

Four robbers looted Rs 2.2 million from a bank in Dhilanwali, Aimenabad, on Saturday. According to police, four robbers entered into the HBL branch in Dhilanwali, Aimenabad, at 12:30pm. After snatching gun from a security guard, they took staff and custom
Published 12 Jun, 2011 12:00am
Pakistan's exports during May valued at $2.308 billion

Pakistan's exports during May valued at $2.308 billion

Pakistan keeps the momentum of export achievement of over 2 billion mark since last six months, and exports figure in May 2011 recorded at $2.308 billion, according to press release issued here on Saturday. Pakistan's exports during May 2011 were valued a
Published 12 Jun, 2011 12:00am
Fehmida for collective efforts to eliminate child labour

Fehmida for collective efforts to eliminate child labour

Speaker National Assembly, Dr Fehmida Mirza, on Saturday called upon states, organisations working for protection of the child rights and individual for collective efforts to eliminate the bane of child labour. She said this in her message on the eve of C
Published 12 Jun, 2011 12:00am
International business management conference opens on June 13

International business management conference opens on June 13

The inaugural ceremony of first international conference on 'Contemporary Issues in Business Management-2011' will be held on June 13, 2011 (Monday) in UCP Auditorium. Dr Nadeemul Haque, Deputy Chairman, Planning Commission, Government of Pakistan will be
Published 12 Jun, 2011 12:00am
ILO calls for action against hazardous forms of child labour

ILO calls for action against hazardous forms of child labour

The International Labour Organisation (ILO) in its report issued for World Day Against Child Labour 2011, has warned that a staggeringly high number of children are still caught in hazardous work. The report, issued to mark the day being observed on Sunda
Published 12 Jun, 2011 12:00am
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