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Archive - 2011-06-17
IG Sindh Police calls on Qaim
Top News

IG Sindh Police calls on Qaim

KARACHI: Newly posted Inspector General of Sindh Police Wajid Durrani after taking his charge called on Sindh Chief Mini
Published 17 Jun, 2011 05:18pm
OGDC reports higher profit
Top News

OGDC reports higher profit

KARACHI: Oil and Gas Development Authority (OGDC) has posted a higher profit after tax of Rs 52.808 billion for ten mont
Published 17 Jun, 2011 05:13pm
Global recovery at risk: IMF
Top News

Global recovery at risk: IMF

SAO PAULO : There is danger the fragile global recovery could collapse unless Europe averts sovereign defaults, the U
Published 17 Jun, 2011 05:03pm
Gold up at Rs42,300
Top News

Gold up at Rs42,300

KARACHI: Gold went up by Rs 43 to close at Rs 42,300 per 10 grams in local bullion market Friday, as its international p
Published 17 Jun, 2011 04:58pm
Global recovery at risk: IMF
Top News

Global recovery at risk: IMF

SAO PAULO : There is danger the fragile global recovery could collapse unless Europe averts sovereign defaults, the U
Published 17 Jun, 2011 04:30pm
European stocks close firmer
Financial

European stocks close firmer

LONDON : European stock markets closed firmer on Friday, with London 's benchmark FTSE 100 index of top shares up 0.28
Published 17 Jun, 2011 04:24pm
Sri Lanka to keep rupee steady
Asia

Sri Lanka to keep rupee steady

COLOMBO : Sri Lanka will keep the rupee stable within a narrow trading band and the central bank will continue to inte
Published 17 Jun, 2011 11:39am
Polish deficit may contract
Europe

Polish deficit may contract

WARSAW : Poland may be able to reduce its public sector deficit for next year faster than currently planned due to str
Published 17 Jun, 2011 11:32am
ADNOC acts on diesel smuggling
Energy

ADNOC acts on diesel smuggling

DUBAI : Abu Dhabi National Oil Company (ADNOC) will act to stop the selling-on and smuggling of diesel sold at its stati
Published 17 Jun, 2011 08:51am
Mazda recalls 95,000 sedans in China
Top News

Mazda recalls 95,000 sedans in China

SHANGHAI : Japan's Mazda Motor Corp has recalled almost 95,000 vehicles in China to fix an electrical problem that could
Published 17 Jun, 2011 06:55am
PM to name new government
Europe

PM to name new government

ATHENS : Greek Prime Minister George Papandreou was to name a new government on Friday after quashing a budding party
Published 17 Jun, 2011 06:00am
T-bill: easy sell or easy buy
BR Research

T-bill: easy sell or easy buy

Nothing could be easier than selling treasury bills in a country that lacks investment avenues and where risk free securities yield a double
Published 17 Jun, 2011 12:00am
Time for a new economic order
BR Research

Time for a new economic order

Pakistans best hope today comes from the same building that housed economists and policymakers credited with the decade of development back
Published 17 Jun, 2011 12:00am
A wallet-friendly diet, anyone?
BR Research

A wallet-friendly diet, anyone?

In a recently released Hollywood movie, one of the protagonists wails in dismay on finding shes been stripped off her fortunes because she c
Published 17 Jun, 2011 12:00am
IEA piles pressure on Opec to pump more oil

IEA piles pressure on Opec to pump more oil

The West's energy watchdog the IEA upped the pressure on producer club Opec to increase output by forecasting a steep rise in oil demand later this year and predicting the strain on supply would last over the medium term. Oil prices rose in response to th
Published 17 Jun, 2011 12:00am
Swiss parliament approves new stringent bank rules

Swiss parliament approves new stringent bank rules

Swiss lawmakers on Thursday approved new capital requirements for big banks Credit Suisse and UBS, clearing measures which are expected to cost each bank $90 billion to implement. The upper chamber approved by 36 votes to none the proposals which are aime
Published 17 Jun, 2011 12:00am
Japan, Venezuela, agree to credit for oil swap

Japan, Venezuela, agree to credit for oil swap

Japan will lend $1.5 billion to the state-owned oil company PDVSA in exchange for three million barrels of crude oil over the next five years, a Japanese diplomat said Wednesday. "We have 54 nuclear plants and more than 30 are not in use because of the ac
Published 17 Jun, 2011 12:00am
UK's retail sales plunge

UK's retail sales plunge

British retail sales fell more than twice as fast as expected in May as worries about jobs and wages led consumers to cut spending back sharply. The biggest drop in sales volumes since January 2010 reinforced the case for the Bank of England to hold inter
Published 17 Jun, 2011 12:00am
Citigroup says 360,000 accounts hacked

Citigroup says 360,000 accounts hacked

US banking giant Citigroup had told its clients that about 360,000 credit cards were affected by a computer hacking attack last month - nearly twice the number previously acknowledged. Citigroup said late Wednesday that the security breach had compromised
Published 17 Jun, 2011 12:00am
India raises rates again

India raises rates again

India's central bank raised interest rates on Thursday for the 10th time in just over a year to combat stubbornly high inflation and signalled more increases to come even as growth in Asia's third-largest economy is slowing down. The Reserve Bank of India
Published 17 Jun, 2011 12:00am
Russia and China edge closer to strategic gas deal

Russia and China edge closer to strategic gas deal

Russia edged closer on Thursday to a 30-year gas supply deal with China that could be worth up to $1 trillion to help power Beijing's booming economy and allow Moscow to diversify its exports away from Europe. An agreement on the gas project would be a bi
Published 17 Jun, 2011 12:00am
Hantuchova beats Venus to end Williams sisters' run

Hantuchova beats Venus to end Williams sisters' run

Daniela Hantuchova ended the Williams sisters' run at the Eastbourne grasscourt event Thursday as she finally triumphed after ten losses in her career series with Venus. The Slovak who had won just two sets previously against the American holder of five W
Published 17 Jun, 2011 12:00am
Big three struggle as US Open begins

Big three struggle as US Open begins

The world's top three players struggled in the first round of the 111th US Open at Congressional Country club here on Thursday while lesser lights set the pace. World No 1 Luke Donald, No 2 Lee Westwood and No 3 Martin Kaymer all opened solidly enough at
Published 17 Jun, 2011 12:00am
Gayle likely non-starter for Test series

Gayle likely non-starter for Test series

Chris Gayle has failed to settle differences with West Indies officials, and could miss the three-Test series with India, starting next week, according to reports on Thursday. Media reports indicate the two sides failed to reach an amicable solution at a
Published 17 Jun, 2011 12:00am
Nadal aims hammer blow at Federer Wimbledon dream

Nadal aims hammer blow at Federer Wimbledon dream

Defending champion Rafael Nadal is poised to end Roger Federer's lingering dream of a seventh Wimbledon title and reluctantly nip ahead in the race to be crowned the greatest player of all time. World number one Nadal took his Grand Slam title tally to 10
Published 17 Jun, 2011 12:00am
Williams sisters loom over Wimbledon

Williams sisters loom over Wimbledon

The imposing figures of Serena and Venus Williams are looming over Wimbledon as the most famous sister act in sport attempts to maintain a decade of dominance at the All England club. At least one Williams sister has appeared in 10 of the last 11 women's
Published 17 Jun, 2011 12:00am
Shoaib Akhtar pulls out of Lanka league

Shoaib Akhtar pulls out of Lanka league

Pakistan fast bowler Shoaib Akhtar, who retired from international cricket after the 2011 World Cup, on Thursday cited personal reasons for withdrawing from next month's Sri Lankan Twenty20 league. "I have personal commitments of setting up my business so
Published 17 Jun, 2011 12:00am
Barca warn Real Madrid not to cross the line

Barca warn Real Madrid not to cross the line

Barcelona on Thursday warned their great rivals Real Madrid they would be forced to sever ties between the clubs if Real continue to "cross the line" of sportsmanship. "Real Madrid and FC Barcelona are ancient institutions with many supporters and aficion
Published 17 Jun, 2011 12:00am
End of an era as Germany dump Ballack

End of an era as Germany dump Ballack

Michael Ballack, a towering figure in German football for the past decade, is no longer part of the national squad after 98 appearances for his country, the national federation (DFB) said on Thursday. "I have discussed things openly with Michael Ballack,
Published 17 Jun, 2011 12:00am
Sri Lanka slump at rainy Rose Bowl

Sri Lanka slump at rainy Rose Bowl

England made Sri Lanka collapse to 29 for three at tea on the first day of the rain-marred third Test at the Rose Bowl here on Thursday. James Anderson marked his comeback to England duty by taking two wickets, while Chris Tremlett struck on the ground wh
Published 17 Jun, 2011 12:00am
'English Murali's' action reported

'English Murali's' action reported

Warwickshire off-spinner Maurice Holmes has been reported to the England and Wales Cricket Board (ECB) for a suspect illegal bowling action, the governing body said Thursday. The 21-year-old bowler has been dubbed the 'English Murali' for the similiarity
Published 17 Jun, 2011 12:00am
Collingwood willing to fight one-day place

Collingwood willing to fight one-day place

Paul Collingwood has insisted he won't quit international cricket despite his removal as England's Twenty20 captain. The Durham all-rounder retired from Test action after England's victorious Ashes triumph in Australia but remained available for limited o
Published 17 Jun, 2011 12:00am
Eto'o, Song, Assou-Ekotto face Cameroon probe

Eto'o, Song, Assou-Ekotto face Cameroon probe

Inter Milan star Samuel Eto'o and two of his Cameroon team-mates face disciplinary proceedings launched by Fecafoot, the country's football federation, an official told AFP on Thursday. "Three players have been summoned by the disciplinary committee," the
Published 17 Jun, 2011 12:00am
Swiss big banks risk substantial losses: SNB

Swiss big banks risk substantial losses: SNB

Swiss banking giants Credit Suisse and UBS have relatively low exposure to indebted eurozone states but risk substantial losses if the economy were to deteriorate, the Swiss central bank warned Thursday. "Compared to last year, there has been no notable d
Published 17 Jun, 2011 12:00am
Cebu Pacific buys 37 Airbus jets worth $3.8 billion

Cebu Pacific buys 37 Airbus jets worth $3.8 billion

Philippine budget carrier Cebu Pacific announced Thursday it had ordered 37 new Airbus jets worth $3.8 billion in the nation's biggest-ever aircraft order so it can expand across the Asia Pacific. Cebu Pacific chief executive Lance Gokongwei said his airl
Published 17 Jun, 2011 12:00am
Crisis-hit Belarus raises interest rates to 18 percent

Crisis-hit Belarus raises interest rates to 18 percent

Belarus said Thursday it would raise its main interest rate by another 2.0 percentage points to 18 percent to battle the worst economic crisis in its post-Soviet history. The hike, which goes into effect on June 22, is the second in just over two weeks, a
Published 17 Jun, 2011 12:00am
China vows to increase yuan flexibility

China vows to increase yuan flexibility

China will continue to make the yuan more flexible to better reflect market forces and diversify investment of the country's vast foreign reserves, the foreign exchange regulator said on Thursday. "We will improve the foreign exchange rate system based on
Published 17 Jun, 2011 12:00am
Fight over bank capital goes to US Congress

Fight over bank capital goes to US Congress

The world's biggest banks brought their fight against higher capital standards to the US Congress on Thursday where Republicans hosted a hearing to vent Wall Street complaints about government regulation. Little more than two years since major banks took
Published 17 Jun, 2011 12:00am
New crop makes its debut in a barely steady market

New crop makes its debut in a barely steady market

While barely 35,000 to 40,000 bales of unsold cotton are left from the outgoing season (August 2010-July 2011), new crop cotton (August 2011-July 2012) made its debut in the market this week produced from seedcotton (Kapas/Phutti) from lower Sindh being g
Published 17 Jun, 2011 12:00am
New crop makes its debut in a barely steady market

New crop makes its debut in a barely steady market

While barely 35,000 to 40,000 bales of unsold cotton are left from the outgoing season (August 2010-July 2011), new crop cotton (August 2011-July 2012) made its debut in the market this week produced from seedcotton (Kapas/Phutti) from lower Sindh being g
Published 17 Jun, 2011 12:00am
Oil cake market rates

Oil cake market rates

July vaida maintained an upward trend while December contract was unchanged on the forward cottonseed oilcake market on Thursday in process of trading, dealers said. The July contract that had closed at 1423.70 opened with gain of 10 paisa at Rs 1423.80.
Published 17 Jun, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 135,343 tonnes of cargo including 101,961 tonnes of import cargo, 33,382 tonnes of export cargo and 3,925 loaded & empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 101,961 tonnes com
Published 17 Jun, 2011 12:00am
Modest activity on grain market

Modest activity on grain market

Modest business was witnessed on the wholesale grain market on Thursday in process of trading, dealers said. On the cereals side wheat old (Bardan) and new (bardan) were higher by Rs 10 to Rs 2510-2525, other items did not show any change during the day,
Published 17 Jun, 2011 12:00am
HRW wheat bids steady

HRW wheat bids steady

Hard red winter wheat basis bids were steady to firmer on Wednesday as harvest advanced. US winter wheat harvest continued to push northward through Kansas with good test weights reported and wide-ranging yields. Conditions were improving as harvest moved
Published 17 Jun, 2011 12:00am
German farmers see 7.9 percent fall in 2011 grain crop

German farmers see 7.9 percent fall in 2011 grain crop

Germany's 2011 grain crop of all types is likely to fall 7.9 percent on the year as dry spring weather has damaged crops, the German Farm Co-operatives Association said on Thursday in its new harvest forecast. It forecast the crop to fall to 40.8 million
Published 17 Jun, 2011 12:00am
New York cotton

New York cotton

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

Published 17 Jun, 2011 12:00am
New York cotton

New York cotton

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

Published 17 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 17 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 17 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 Thursday (June 16, 2011).

Published 17 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 Thursday (June 16, 2011).

Published 17 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 Thursday (June 16, 2011).

Published 17 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 Thursday (June 16, 2011).

Published 17 Jun, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (June 16, 2011).
Published 17 Jun, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (June 16, 2011).

Published 17 Jun, 2011 12:00am
Afghan militants attack Pakistani village; five dead

Afghan militants attack Pakistani village; five dead

More than 200 militants crossed into Pakistan from Afghanistan early Thursday and attacked a border village with rockets, mortars and machine guns, killing five people and kidnapping more than 20, officials and residents said. The deadly raid underlines c
Published 17 Jun, 2011 12:00am
Afghan militants attack Pakistani village; five dead

Afghan militants attack Pakistani village; five dead

More than 200 militants crossed into Pakistan from Afghanistan early Thursday and attacked a border village with rockets, mortars and machine guns, killing five people and kidnapping more than 20, officials and residents said. The deadly raid underlines c
Published 17 Jun, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (June 16, 2011).

Published 17 Jun, 2011 12:00am
Zawahiri succeeds Osama

Zawahiri succeeds Osama

Al Qaeda on Thursday named Egyptian Ayman al-Zawahiri to succeed slain leader Osama bin Laden and the United States promptly vowed to kill him just like his predecessor. In a statement posted on an Islamist website, the jihadist network said: "The general
Published 17 Jun, 2011 12:00am
Zawahiri succeeds Osama

Zawahiri succeeds Osama

Al Qaeda on Thursday named Egyptian Ayman al-Zawahiri to succeed slain leader Osama bin Laden and the United States promptly vowed to kill him just like his predecessor. In a statement posted on an Islamist website, the jihadist network said: "The general
Published 17 Jun, 2011 12:00am
Secretaries, PS to Prime Minister: Supreme Court issues contempt notices

Secretaries, PS to Prime Minister: Supreme Court issues contempt notices

The Supreme Court on Thursday issued contempt of court notices to the principal secretary to the prime minister, Khushnood Ali Lashari, secretary Establishment Division Chaudhry Abdul Rauaf and secretary Interior Chaudhry Qammar-uz-Zaman for transferring
Published 17 Jun, 2011 12:00am
Secretaries, PS to Prime Minister: Supreme Court issues contempt notices

Secretaries, PS to Prime Minister: Supreme Court issues contempt notices

The Supreme Court on Thursday issued contempt of court notices to the principal secretary to the prime minister, Khushnood Ali Lashari, secretary Establishment Division Chaudhry Abdul Rauaf and secretary Interior Chaudhry Qammar-uz-Zaman for transferring
Published 17 Jun, 2011 12:00am
Arab unrest: Russia, China warn West against interference

Arab unrest: Russia, China warn West against interference

Russia and China oppose outside interference in the unrest in the Arab world, the two presidents said Thursday in a declaration, as the West seeks their support for increasing pressure on Syria. "The sides believe that the search for settling the situatio
Published 17 Jun, 2011 12:00am
Arab unrest: Russia, China warn West against interference

Arab unrest: Russia, China warn West against interference

Russia and China oppose outside interference in the unrest in the Arab world, the two presidents said Thursday in a declaration, as the West seeks their support for increasing pressure on Syria. "The sides believe that the search for settling the situatio
Published 17 Jun, 2011 12:00am
Index gains 51.97 points

Index gains 51.97 points

Late buying mainly by local investors supported the KSE-100 index to recover 51.97 points to close at 12,369.12 points on Thursday. After a positive opening the market witnessed selling and the index dropped into negative at 12,297.52 points intra-day low
Published 17 Jun, 2011 12:00am
Index gains 51.97 points

Index gains 51.97 points

Late buying mainly by local investors supported the KSE-100 index to recover 51.97 points to close at 12,369.12 points on Thursday. After a positive opening the market witnessed selling and the index dropped into negative at 12,297.52 points intra-day low
Published 17 Jun, 2011 12:00am
Index gains 51.97 points

Index gains 51.97 points

Late buying mainly by local investors supported the KSE-100 index to recover 51.97 points to close at 12,369.12 points on Thursday. After a positive opening the market witnessed selling and the index dropped into negative at 12,297.52 points intra-day low
Published 17 Jun, 2011 12:00am
BRIndex30 down by 5.46 points

BRIndex30 down by 5.46 points

On Thursday, BRIndex30 opened at 8,801.32 points. It touched an intraday high of 8,812.07 and an intraday low of 8,743.96 and closed at 8,795.86 which was -5.46 points or -0.06 percent lower than previous close. Total volume was 22,730,540, which was 49.4
Published 17 Jun, 2011 12:00am
BRIndex30 down by 5.46 points

BRIndex30 down by 5.46 points

On Thursday, BRIndex30 opened at 8,801.32 points. It touched an intraday high of 8,812.07 and an intraday low of 8,743.96 and closed at 8,795.86 which was -5.46 points or -0.06 percent lower than previous close. Total volume was 22,730,540, which was 49.4
Published 17 Jun, 2011 12:00am
Certain services: Centre may continue to collect sales tax in Sindh

Certain services: Centre may continue to collect sales tax in Sindh

The federal government is likely to continue to collect sales tax on services of banking and insurance, construction, franchises and advertisements through Federal Board of Revenue (FBR) on behalf of Sindh government in FY2011-12, official sources told <i
Published 17 Jun, 2011 12:00am
Certain services: Centre may continue to collect sales tax in Sindh

Certain services: Centre may continue to collect sales tax in Sindh

The federal government is likely to continue to collect sales tax on services of banking and insurance, construction, franchises and advertisements through Federal Board of Revenue (FBR) on behalf of Sindh government in FY2011-12, official sources told <i
Published 17 Jun, 2011 12:00am
Certain services: Centre may continue to collect sales tax in Sindh

Certain services: Centre may continue to collect sales tax in Sindh

The federal government is likely to continue to collect sales tax on services of banking and insurance, construction, franchises and advertisements through Federal Board of Revenue (FBR) on behalf of Sindh government in FY2011-12, official sources told <i
Published 17 Jun, 2011 12:00am
Crude oil, natural gas: provinces to get less royalty

Crude oil, natural gas: provinces to get less royalty

The budget for fiscal year 2011-12 envisages a reduction in the royalty on crude and natural gas, documents reveal. In 2011-12, royalty on crude oil is estimated at 14.8 billion rupees - 4.4 billion rupees lower than in the current fiscal year while royal
Published 17 Jun, 2011 12:00am
Crude oil, natural gas: provinces to get less royalty

Crude oil, natural gas: provinces to get less royalty

The budget for fiscal year 2011-12 envisages a reduction in the royalty on crude and natural gas, documents reveal. In 2011-12, royalty on crude oil is estimated at 14.8 billion rupees - 4.4 billion rupees lower than in the current fiscal year while royal
Published 17 Jun, 2011 12:00am
Crude oil, natural gas: provinces to get less royalty

Crude oil, natural gas: provinces to get less royalty

The budget for fiscal year 2011-12 envisages a reduction in the royalty on crude and natural gas, documents reveal. In 2011-12, royalty on crude oil is estimated at 14.8 billion rupees - 4.4 billion rupees lower than in the current fiscal year while royal
Published 17 Jun, 2011 12:00am
Pakistani, Indian companies win green energy awards

Pakistani, Indian companies win green energy awards

Two Indian companies which recycle waste products into sources of power and a Pakistani firm that fits energy-saving devices in homes were on Thursday honoured with major green energy awards. They were three of the winners at this year's Ashden Awards for
Published 17 Jun, 2011 12:00am
LSE index down 1.02 points

LSE index down 1.02 points

Depressed sentiments dominated on the Lahore Stock Exchange (LSE) on Thursday and the equities registered declines following selling pressure in selective scrips. The LSE-25 index was marginally declined by 1.02 points to close at 3178.79 against 3179.81
Published 17 Jun, 2011 12:00am
LSE index down 1.02 points

LSE index down 1.02 points

Depressed sentiments dominated on the Lahore Stock Exchange (LSE) on Thursday and the equities registered declines following selling pressure in selective scrips. The LSE-25 index was marginally declined by 1.02 points to close at 3178.79 against 3179.81
Published 17 Jun, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 22.80 points, as the ISE Ten Index moved from 2,776.97 t
Published 17 Jun, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 22.80 points, as the ISE Ten Index moved from 2,776.97 t
Published 17 Jun, 2011 12:00am
Judicial Commission to investigate Saleem Shahzad's murder

Judicial Commission to investigate Saleem Shahzad's murder

S.R.O. (1) 2011 - Whereas the heinous murder of Saleem Shahzad, a journalist has taken place and cause and circumstance leading to it are to be ascertained; And whereas the Federal Government is of the opinion that it is necessary to appoint a Commission
Published 17 Jun, 2011 12:00am
Judicial Commission to investigate Saleem Shahzad's murder

Judicial Commission to investigate Saleem Shahzad's murder

S.R.O. (1) 2011 - Whereas the heinous murder of Saleem Shahzad, a journalist has taken place and cause and circumstance leading to it are to be ascertained; And whereas the Federal Government is of the opinion that it is necessary to appoint a Commission
Published 17 Jun, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 17 Jun, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 17 Jun, 2011 12:00am
Judge declines to head commission

Judge declines to head commission

Supreme Court judge Justice Saqib Nisar, who was appointed head of the commission to investigate Saleem Shahzad's killing, has declined to head the body because CJP Justice Iftikhar Chaudhry has not been consulted on this matter.
Published 17 Jun, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 17 Jun, 2011 12:00am
Judge declines to head commission

Judge declines to head commission

Supreme Court judge Justice Saqib Nisar, who was appointed head of the commission to investigate Saleem Shahzad's killing, has declined to head the body because CJP Justice Iftikhar Chaudhry has not been consulted on this matter.
Published 17 Jun, 2011 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 17 Jun, 2011 12:00am
15 items used in CNG compressors made duty free

15 items used in CNG compressors made duty free

Fifteen items used in the manufacturing of CNG compressors would be subject to zero percent customs duty, which includes electric motor, piston pins, rods, rings and water flow switch. Sources told Business Recorder here on Thursday that prior to b
Published 17 Jun, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 17 Jun, 2011 12:00am
15 items used in CNG compressors made duty free

15 items used in CNG compressors made duty free

Fifteen items used in the manufacturing of CNG compressors would be subject to zero percent customs duty, which includes electric motor, piston pins, rods, rings and water flow switch. Sources told Business Recorder here on Thursday that prior to b
Published 17 Jun, 2011 12:00am
15 items used in CNG compressors made duty free

15 items used in CNG compressors made duty free

Fifteen items used in the manufacturing of CNG compressors would be subject to zero percent customs duty, which includes electric motor, piston pins, rods, rings and water flow switch. Sources told Business Recorder here on Thursday that prior to b
Published 17 Jun, 2011 12:00am
F-22P Frigate inducted in PN

F-22P Frigate inducted in PN

The Pakistan Navy launched the 4th F-22P Frigate (Designate PNS ASLAT) on Thursday at Karachi Shipyard and Engineering Works. Admiral Noman Bashir, Chief of the Naval Staff was the chief guest at the launching ceremony. The F-22P Frigates have been evolve
Published 17 Jun, 2011 12:00am
F-22P Frigate inducted in PN

F-22P Frigate inducted in PN

The Pakistan Navy launched the 4th F-22P Frigate (Designate PNS ASLAT) on Thursday at Karachi Shipyard and Engineering Works. Admiral Noman Bashir, Chief of the Naval Staff was the chief guest at the launching ceremony. The F-22P Frigates have been evolve
Published 17 Jun, 2011 12:00am
Rs 4.5 million fine imposed on Afridi

Rs 4.5 million fine imposed on Afridi

As per expectations, there is drop scene of row between Pakistan Cricket Board (PCB) and cricketer Shahid Afridi, as Disciplinary Committee of PCB Thursday imposed a Rs 4.5 million ($52,300) fine on former skipper for violating PCB's code of conduct. The
Published 17 Jun, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (June 16, 2011).

Published 17 Jun, 2011 12:00am
Rs 4.5 million fine imposed on Afridi

Rs 4.5 million fine imposed on Afridi

As per expectations, there is drop scene of row between Pakistan Cricket Board (PCB) and cricketer Shahid Afridi, as Disciplinary Committee of PCB Thursday imposed a Rs 4.5 million ($52,300) fine on former skipper for violating PCB's code of conduct. The
Published 17 Jun, 2011 12:00am
OMCs may get 50 paisa more on each litre

OMCs may get 50 paisa more on each litre

The government is likely to increase the margin of Oil Marketing Companies (OMCs) and dealers by 50 paisa, Business Recorder has learnt. Sources in OGRA revealed that the OMCs and dealers had been pressurising the government for a while to increase
Published 17 Jun, 2011 12:00am
OMCs may get 50 paisa more on each litre

OMCs may get 50 paisa more on each litre

The government is likely to increase the margin of Oil Marketing Companies (OMCs) and dealers by 50 paisa, Business Recorder has learnt. Sources in OGRA revealed that the OMCs and dealers had been pressurising the government for a while to increase
Published 17 Jun, 2011 12:00am
OMCs may get 50 paisa more on each litre

OMCs may get 50 paisa more on each litre

The government is likely to increase the margin of Oil Marketing Companies (OMCs) and dealers by 50 paisa, Business Recorder has learnt. Sources in OGRA revealed that the OMCs and dealers had been pressurising the government for a while to increase
Published 17 Jun, 2011 12:00am
Automobile manufacturers: devaluation of Pakistani rupee adds to woes

Automobile manufacturers: devaluation of Pakistani rupee adds to woes

Although Pakistani rupee has been experiencing a downward trend against major currencies of the world, the devaluation of rupee in the last two years has raised the input cost substantially, adding to the woes of automobile manufacturers and economic inst
Published 17 Jun, 2011 12:00am
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