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Archive - 2011-06-18
Gold up at Rs 42,428
Markets

Gold up at Rs 42,428

KARACHI : Gold went up by Rs 128 to close at Rs 42,428 per 10 grams in local bullion market Saturday, as its internati
Published 18 Jun, 2011 04:09pm
Pakistan expects record cotton produce
Top News

Pakistan expects record cotton produce

ISLAMABAD : Pakistan 's Ambassador to China Masood Khan on Saturday said Pakistan was expecting record cotton product
Published 18 Jun, 2011 03:20pm
Afridi hopes for fresh start
Cricket

Afridi hopes for fresh start

KARACHI: Former captain Shahid Afridi said Saturday he hoped to make a fresh start playing for Hampshire following his
Published 18 Jun, 2011 02:11pm
No going back in Syria: Clinton
Top News

No going back in Syria: Clinton

WASHINGTON : Secretary of State Hillary Clinton on Saturday urged a transition to democracy in Syria , saying in a comm
Published 18 Jun, 2011 10:15am
UNSC backs Ban Ki-moon for IInd term
Top News

UNSC backs Ban Ki-moon for IInd term

UNITED NATIONS: The UN Security Council on Friday unanimously supported Ban Ki-moon for a second term as UN secretary ge
Published 18 Jun, 2011 07:41am
Islamabad lodges naval protest with Delhi

Islamabad lodges naval protest with Delhi

Islamabad lodged a protest with India on Friday over the "dangerous manoeuvres" of a naval ship it said had hit a Pakistan vessel escorting a ship rescued from Somali pirates.
Published 18 Jun, 2011 12:00am
US wheat rebounds after hitting three-month low

US wheat rebounds after hitting three-month low

US wheat rebounded on Friday after a hitting three-month low earlier and corn picked up after nearing a one-month low, but concerns over Greece's debt crisis continued to weigh on agricultural markets. Soy, which neared its lowest in a month, also followe
Published 18 Jun, 2011 12:00am
Begging in Islamabad

Begging in Islamabad

An overwhelming rise in the number of child beggars is posing a serious security threat and promoting criminal tendencies in society including drug abuse, narcotics sale, prostitution and petty theft, a survey conducted by Business Recorder shows.
Published 18 Jun, 2011 12:00am
KARACHI CHRONICLE: Does Karachi need Rangers?

KARACHI CHRONICLE: Does Karachi need Rangers?

A young civilian was shot by a Ranger in a public park and allowed to bleed to death while the killer and his colleagues watched. This was Wednesday 8 June. Soon after the incident a spokesmen for the Sindh Rangers said 25-years-old Sarfaraz Shah was kill
Published 18 Jun, 2011 12:00am
Rs 990.3971 billion demands for grants approved by National Assembly

Rs 990.3971 billion demands for grants approved by National Assembly

The National Assembly Friday approved Rs 990.3971 billion demands for grants of various ministries and departments without cut motions. Federal Minister for Finance, Abdul Hafeez Sheikh presented 77 demands for grants worth Rs 990.3971 billion of various
Published 18 Jun, 2011 12:00am
LITERARY NOTES: A contribution to the studies of Urdu novel

LITERARY NOTES: A contribution to the studies of Urdu novel

Dr Mumtaz Ahmed Khan's book "Azadi Ke Baad Urdu Novel" is a noteworthy addition to the mass of critical writings on Urdu novel. Dr Mumtaz Ahmed Khan taught English in government colleges in Karachi and in the interior of Sindh up to his retirement in 2006
Published 18 Jun, 2011 12:00am
Rs 990.3971 billion demands for grants approved by National Assembly

Rs 990.3971 billion demands for grants approved by National Assembly

The National Assembly Friday approved Rs 990.3971 billion demands for grants of various ministries and departments without cut motions. Federal Minister for Finance, Abdul Hafeez Sheikh presented 77 demands for grants worth Rs 990.3971 billion of various
Published 18 Jun, 2011 12:00am
ART FACTS: Images of life

ART FACTS: Images of life

The eye-catching art pieces comprising peculiar styles of various artists in a group exhibition at Grandeur art gallery, Karachi were dominated by the bold colour tones in which the artists have filled the canvases with the images of life in a variety of
Published 18 Jun, 2011 12:00am
Rs 990.3971 billion demands for grants approved by National Assembly

Rs 990.3971 billion demands for grants approved by National Assembly

The National Assembly Friday approved Rs 990.3971 billion demands for grants of various ministries and departments without cut motions. Federal Minister for Finance, Abdul Hafeez Sheikh presented 77 demands for grants worth Rs 990.3971 billion of various
Published 18 Jun, 2011 12:00am
I love you Dad

I love you Dad

No doubt, father and mother together are founding stone of a happy family but the order and structure of the family is incomplete without the presence of fatherhood. It is a reality that the portrait of a happy family is imperfect without father.
Published 18 Jun, 2011 12:00am
Rs 7.35 trillion charged expenditure placed

Rs 7.35 trillion charged expenditure placed

A total of Rs 7.35 trillion charged expenditure including 6.2 trillion repayment of domestic debt was presented in the National Assembly on Friday for discussion.
Published 18 Jun, 2011 12:00am
Roger Federer - Shoots of recovery?

Roger Federer - Shoots of recovery?

Did anyone notice something strange when they were watching Roger Federer take on Rafael Nadal in the French Open Final on Sunday last? Did anything strike you as unusual? No? It may have just been me then who found themselves rather surprised at the sigh
Published 18 Jun, 2011 12:00am
Rs 7.35 trillion charged expenditure placed

Rs 7.35 trillion charged expenditure placed

A total of Rs 7.35 trillion charged expenditure including 6.2 trillion repayment of domestic debt was presented in the National Assembly on Friday for discussion.
Published 18 Jun, 2011 12:00am
BRIDGE NOTES: Amongst the top defenders

BRIDGE NOTES: Amongst the top defenders

In defence, players often falter for there is too much scope for the declarer to be holding any hidden distribution or key cards that could then blow away the defence. This often makes players in defence extra cautions to make safe defence exits rather th
Published 18 Jun, 2011 12:00am
Rs 7.35 trillion charged expenditure placed

Rs 7.35 trillion charged expenditure placed

A total of Rs 7.35 trillion charged expenditure including 6.2 trillion repayment of domestic debt was presented in the National Assembly on Friday for discussion.
Published 18 Jun, 2011 12:00am
Pay tax and convince others to pay: Hafeez asks legislators

Pay tax and convince others to pay: Hafeez asks legislators

Finance Minister Dr Abdul Hafeez Sheikh has implored Parliamentarians to set an example by paying their due tax and convince others that payment of tax is their primary obligation. Winding up budget debate in the National Assembly on Friday, the Minister
Published 18 Jun, 2011 12:00am
New York cotton

New York cotton

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

Published 18 Jun, 2011 12:00am
Pay tax and convince others to pay: Hafeez asks legislators

Pay tax and convince others to pay: Hafeez asks legislators

Finance Minister Dr Abdul Hafeez Sheikh has implored Parliamentarians to set an example by paying their due tax and convince others that payment of tax is their primary obligation. Winding up budget debate in the National Assembly on Friday, the Minister
Published 18 Jun, 2011 12:00am
New York cotton

New York cotton

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

Published 18 Jun, 2011 12:00am
Pay tax and convince others to pay: Hafeez asks legislators

Pay tax and convince others to pay: Hafeez asks legislators

Finance Minister Dr Abdul Hafeez Sheikh has implored Parliamentarians to set an example by paying their due tax and convince others that payment of tax is their primary obligation. Winding up budget debate in the National Assembly on Friday, the Minister
Published 18 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 18 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 18 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 Friday (June 17, 2011).

Published 18 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 Friday (June 17, 2011).

Published 18 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 Friday (June 17, 2011).

Published 18 Jun, 2011 12:00am
Leaders agree on MFN status to India

Leaders agree on MFN status to India

The country's political leadership including the government has reportedly agreed to grant Most Favoured Nation (MFN) status to India and use of South Asian Preferential Free Trade Area(SAFTA) framework to address non-tariff barriers on both sides.
Published 18 Jun, 2011 12:00am
Leaders agree on MFN status to India

Leaders agree on MFN status to India

The country's political leadership including the government has reportedly agreed to grant Most Favoured Nation (MFN) status to India and use of South Asian Preferential Free Trade Area(SAFTA) framework to address non-tariff barriers on both sides.
Published 18 Jun, 2011 12:00am
Leaders agree on MFN status to India

Leaders agree on MFN status to India

The country''s political leadership including the government has reportedly agreed to grant Most Favoured Nation (MFN) status to India and use of South Asian Preferential Free Trade Area(SAFTA) framework to address non-tariff barriers on both sides.
Published 18 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 Friday (June 17, 2011).

Published 18 Jun, 2011 12:00am
Index down 7.8 points

Index down 7.8 points

The KSE-100 index on Friday lost 7.80 points and closed at 12,361.32 points due to profit taking in some stocks in the second session. The market opened on a positive note and the index hit 12,410.15 points intra-day high level. However, the momentum coul
Published 18 Jun, 2011 12:00am
Index down 7.8 points

Index down 7.8 points

The KSE-100 index on Friday lost 7.80 points and closed at 12,361.32 points due to profit taking in some stocks in the second session. The market opened on a positive note and the index hit 12,410.15 points intra-day high level. However, the momentum coul
Published 18 Jun, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (June 17, 2011).
Published 18 Jun, 2011 12:00am
Index down 7.8 points

Index down 7.8 points

The KSE-100 index on Friday lost 7.80 points and closed at 12,361.32 points due to profit taking in some stocks in the second session. The market opened on a positive note and the index hit 12,410.15 points intra-day high level. However, the momentum coul
Published 18 Jun, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (June 17, 2011).

Published 18 Jun, 2011 12:00am
BRIndex30 sheds 65.78 points

BRIndex30 sheds 65.78 points

On Friday, the BRIndex30 opened at 8,795.86 points. It touched the intra-day high of 8,837.20 points and low of 8,722.98 points and closed at 8,730.08 points with a net negative change of -65.78 points, or -0.75 percent lower than previous close.
Published 18 Jun, 2011 12:00am
BRIndex30 sheds 65.78 points

BRIndex30 sheds 65.78 points

On Friday, the BRIndex30 opened at 8,795.86 points. It touched the intra-day high of 8,837.20 points and low of 8,722.98 points and closed at 8,730.08 points with a net negative change of -65.78 points, or -0.75 percent lower than previous close.
Published 18 Jun, 2011 12:00am
HBL gets licence for derivatives business

HBL gets licence for derivatives business

The State Bank of Pakistan (SBP) has granted licence to Habib Bank (HBL) to conduct derivatives business as an 'Authorised Derivatives Dealer' (ADD) in Pakistan. The banks, which now have the licence to conduct derivatives business as Authorised Derivativ
Published 18 Jun, 2011 12:00am
HBL gets licence for derivatives business

HBL gets licence for derivatives business

The State Bank of Pakistan (SBP) has granted licence to Habib Bank (HBL) to conduct derivatives business as an 'Authorised Derivatives Dealer' (ADD) in Pakistan. The banks, which now have the licence to conduct derivatives business as Authorised Derivativ
Published 18 Jun, 2011 12:00am
HBL gets licence for derivatives business

HBL gets licence for derivatives business

The State Bank of Pakistan (SBP) has granted licence to Habib Bank (HBL) to conduct derivatives business as an ''Authorised Derivatives Dealer'' (ADD) in Pakistan. The banks, which now have the licence to conduct derivatives business as Authorised Derivat
Published 18 Jun, 2011 12:00am
They're 'playing with fire': IMF warns US, Europe over deficits

They're 'playing with fire': IMF warns US, Europe over deficits

The International Monetary Fund cut its forecast for US economic growth on Friday and warned Washington and debt-ridden European countries that they are "playing with fire" unless they take immediate steps to reduce their budget deficits.
Published 18 Jun, 2011 12:00am
They're 'playing with fire': IMF warns US, Europe over deficits

They're 'playing with fire': IMF warns US, Europe over deficits

The International Monetary Fund cut its forecast for US economic growth on Friday and warned Washington and debt-ridden European countries that they are "playing with fire" unless they take immediate steps to reduce their budget deficits.
Published 18 Jun, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (June 17, 2011).

Published 18 Jun, 2011 12:00am
They''re ''playing with fire'': IMF warns US, Europe over deficits

They''re ''playing with fire'': IMF warns US, Europe over deficits

The International Monetary Fund cut its forecast for US economic growth on Friday and warned Washington and debt-ridden European countries that they are "playing with fire" unless they take immediate steps to reduce their budget deficits.
Published 18 Jun, 2011 12:00am
Identifying short filers, tax evaders: 27,000 doctors' data obtained

Identifying short filers, tax evaders: 27,000 doctors' data obtained

The Directorate General, Directorate of Intelligence and Investigation, Inland Revenue (IR) has acquired vital data of 27,000 medical practitioners from Pakistan Medical and Dental Council (PMDC) to identify those operating out of the tax net or involved
Published 18 Jun, 2011 12:00am
Identifying short filers, tax evaders: 27,000 doctors' data obtained

Identifying short filers, tax evaders: 27,000 doctors' data obtained

The Directorate General, Directorate of Intelligence and Investigation, Inland Revenue (IR) has acquired vital data of 27,000 medical practitioners from Pakistan Medical and Dental Council (PMDC) to identify those operating out of the tax net or involved
Published 18 Jun, 2011 12:00am
Identifying short filers, tax evaders: 27,000 doctors'' data obtained

Identifying short filers, tax evaders: 27,000 doctors'' data obtained

The Directorate General, Directorate of Intelligence and Investigation, Inland Revenue (IR) has acquired vital data of 27,000 medical practitioners from Pakistan Medical and Dental Council (PMDC) to identify those operating out of the tax net or involved
Published 18 Jun, 2011 12:00am
Social sector: EU and Germany to provide over 300 million euros

Social sector: EU and Germany to provide over 300 million euros

The European Union (EU) and Germany will provide over 300 million euro to Pakistan for social sector from 2011-13. This was announced on Friday by Dirk Niebel, German Federal Minister for Economic Co-operation and Development.
Published 18 Jun, 2011 12:00am
Social sector: EU and Germany to provide over 300 million euros

Social sector: EU and Germany to provide over 300 million euros

The European Union (EU) and Germany will provide over 300 million euro to Pakistan for social sector from 2011-13. This was announced on Friday by Dirk Niebel, German Federal Minister for Economic Co-operation and Development.
Published 18 Jun, 2011 12:00am
Social sector: EU and Germany to provide over 300 million euros

Social sector: EU and Germany to provide over 300 million euros

The European Union (EU) and Germany will provide over 300 million euro to Pakistan for social sector from 2011-13. This was announced on Friday by Dirk Niebel, German Federal Minister for Economic Co-operation and Development.
Published 18 Jun, 2011 12:00am
LSE index loses 28.24 points

LSE index loses 28.24 points

Bearish sentiments continued to prevail on the Lahore Stock Exchange (LSE) on Friday where equities maintained downward slides and registered further declines amid selling pressure in blue chips. The LSE-25 index lost 28.24 points and was ended at 3150.14
Published 18 Jun, 2011 12:00am
LSE index loses 28.24 points

LSE index loses 28.24 points

Bearish sentiments continued to prevail on the Lahore Stock Exchange (LSE) on Friday where equities maintained downward slides and registered further declines amid selling pressure in blue chips. The LSE-25 index lost 28.24 points and was ended at 3150.14
Published 18 Jun, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 12.13 points, as the Index moved from 2,799.77 to 2787.64 points.
Published 18 Jun, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 12.13 points, as the Index moved from 2,799.77 to 2787.64 points.
Published 18 Jun, 2011 12:00am
AJK polls: President accused of 'hijacking' public mandate

AJK polls: President accused of 'hijacking' public mandate

Pakistan Muslim League-Nawaz senior leader Khawaja Saad Rafiq MNA has said that there will be no legal and constitutional status of elections of Azad Kashmir legislative assembly, being held on 70-percent bogus voter lists. PML-N will not only fight legal
Published 18 Jun, 2011 12:00am
Rs 700 billion earmarked for rural areas' facelift

Rs 700 billion earmarked for rural areas' facelift

Federal Minister for Information and Broadcasting Dr Firdous Ashiq Awan has said that PPP led government has set aside more than Rs 700 billion for the fist time for the face lifting of rural areas of the country. Addressing a public meeting here on Frida
Published 18 Jun, 2011 12:00am
Out of order medical equipment, machinery: special squad constituted

Out of order medical equipment, machinery: special squad constituted

Secretary Health Punjab, Muhammad Javed Khan, taking notice of out of order medical equipment and machinery of government hospitals, has constituted a special squad comprising Directors of Medical Equipment Workshops of Lahore, Sargodha and Multan for mai
Published 18 Jun, 2011 12:00am
Chief minister Punjab for timely completion of uplift projects

Chief minister Punjab for timely completion of uplift projects

Punjab Chief Minister, Muhammad Shahbaz Sharif has said elected representatives should come forward and play an active role for the achievement of the development targets of the next fiscal year and ensure timely and transparent completion of uplift proje
Published 18 Jun, 2011 12:00am
Punjab University vice chancellor opens 'Sculpture Exhibition'

Punjab University vice chancellor opens 'Sculpture Exhibition'

Punjab University vice-chancellor Professor Dr Mujahid Kamran inaugurated 'Sculpture Exhibition' of MA final year students at College of Art & Design (CAD), Allama Iqbal (Old) Campus on Friday. College Principal Professor Dr Rahat Naveed Masud, College of
Published 18 Jun, 2011 12:00am
'Growth-led policy to be adopted for economic revival'

'Growth-led policy to be adopted for economic revival'

Former Advisor to PM on Textile Mirza Ikhtiar Baig said on Friday that growth led policy should be adopted to resolve economic problems and grey areas be pointed out in this regard. Talking to a private news channel, Ikhtiar Baig said "things cannot be hu
Published 18 Jun, 2011 12:00am
Pakistan concerned at Nato incursion

Pakistan concerned at Nato incursion

Pakistan has conveyed its serious concern to United States over air incursion by ISAF/Nato aircraft, that attacked its military's Ziarat post in South Mohmand, located 2.5kilometres away from Pak-Afghan border. A Foreign Office Spokesperson in a statement
Published 18 Jun, 2011 12:00am
Pakistan concerned at Nato incursion

Pakistan concerned at Nato incursion

Pakistan has conveyed its serious concern to United States over air incursion by ISAF/Nato aircraft, that attacked its military's Ziarat post in South Mohmand, located 2.5kilometres away from Pak-Afghan border. A Foreign Office Spokesperson in a statement
Published 18 Jun, 2011 12:00am
Tribesmen blocked Nato supplies at Chaman border

Tribesmen blocked Nato supplies at Chaman border

About 300 tribesmen briefly blocked Nato supplies and other traffic at Chaman crossing along the border with Afghanistan on Friday to protest an alleged shooting incident, officials said. The four-hour-long blockade at the Chaman crossing followed a clash
Published 18 Jun, 2011 12:00am
Tribesmen blocked Nato supplies at Chaman border

Tribesmen blocked Nato supplies at Chaman border

About 300 tribesmen briefly blocked Nato supplies and other traffic at Chaman crossing along the border with Afghanistan on Friday to protest an alleged shooting incident, officials said. The four-hour-long blockade at the Chaman crossing followed a clash
Published 18 Jun, 2011 12:00am
Power shortfall touches 5,000 megawatts mark

Power shortfall touches 5,000 megawatts mark

Power shortfall touched alarming level of 5000MW amidst suspension of operations from the Independent Power Producers (IPPs) due to delay in payment and short supply of oil by the government. Resultantly, the power crisis has shot up amidst partial closur
Published 18 Jun, 2011 12:00am
Power shortfall touches 5,000 megawatts mark

Power shortfall touches 5,000 megawatts mark

Power shortfall touched alarming level of 5000MW amidst suspension of operations from the Independent Power Producers (IPPs) due to delay in payment and short supply of oil by the government. Resultantly, the power crisis has shot up amidst partial closur
Published 18 Jun, 2011 12:00am
Power shortfall touches 5,000 megawatts mark

Power shortfall touches 5,000 megawatts mark

Power shortfall touched alarming level of 5000MW amidst suspension of operations from the Independent Power Producers (IPPs) due to delay in payment and short supply of oil by the government. Resultantly, the power crisis has shot up amidst partial closur
Published 18 Jun, 2011 12:00am
Notices served on banks: objections raised by tax expert

Notices served on banks: objections raised by tax expert

A leading tax practitioner has raised serious objections to the notices served on the banks for recovery of short-deducted withholding tax, and late and non-payment of tax under Income Tax Ordinance 2001. A tax expert of banking sector told this scribe he
Published 18 Jun, 2011 12:00am
Notices served on banks: objections raised by tax expert

Notices served on banks: objections raised by tax expert

A leading tax practitioner has raised serious objections to the notices served on the banks for recovery of short-deducted withholding tax, and late and non-payment of tax under Income Tax Ordinance 2001. A tax expert of banking sector told this scribe he
Published 18 Jun, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 18 Jun, 2011 12:00am
Notices served on banks: objections raised by tax expert

Notices served on banks: objections raised by tax expert

A leading tax practitioner has raised serious objections to the notices served on the banks for recovery of short-deducted withholding tax, and late and non-payment of tax under Income Tax Ordinance 2001. A tax expert of banking sector told this scribe he
Published 18 Jun, 2011 12:00am
Passport theft: Malik orders constitution of JIT

Passport theft: Malik orders constitution of JIT

Federal Minister for Interior, Rehman Malik took serious note of theft of over 5,000 passports from Karachi and ordered the authorities concerned to constitute a Joint Investigation Team (JIT) to probe into the matter. The Minister has ordered the Directo
Published 18 Jun, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 18 Jun, 2011 12:00am
Passport theft: Malik orders constitution of JIT

Passport theft: Malik orders constitution of JIT

Federal Minister for Interior, Rehman Malik took serious note of theft of over 5,000 passports from Karachi and ordered the authorities concerned to constitute a Joint Investigation Team (JIT) to probe into the matter. The Minister has ordered the Directo
Published 18 Jun, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Jun, 2011 12:00am
50,000 tons of urea to arrive by end-June: TCP awards contract

50,000 tons of urea to arrive by end-June: TCP awards contract

In pursuance of the decision of the ECC of the Cabinet, TCP issued a Gallop Tender Notice on June 10, 2011 for import of 50,000 tons urea from international sources to meet urgent need of farmers for Kharif crops as Saudi Basic Industries Corporation (SAB
Published 18 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 18 Jun, 2011 12:00am
50,000 tons of urea to arrive by end-June: TCP awards contract

50,000 tons of urea to arrive by end-June: TCP awards contract

In pursuance of the decision of the ECC of the Cabinet, TCP issued a Gallop Tender Notice on June 10, 2011 for import of 50,000 tons urea from international sources to meet urgent need of farmers for Kharif crops as Saudi Basic Industries Corporation (SAB
Published 18 Jun, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Jun, 2011 12:00am
50,000 tons of urea to arrive by end-June: TCP awards contract

50,000 tons of urea to arrive by end-June: TCP awards contract

In pursuance of the decision of the ECC of the Cabinet, TCP issued a Gallop Tender Notice on June 10, 2011 for import of 50,000 tons urea from international sources to meet urgent need of farmers for Kharif crops as Saudi Basic Industries Corporation (SAB
Published 18 Jun, 2011 12:00am
Tajikistan moves to ban adolescents from mosques

Tajikistan moves to ban adolescents from mosques

Tajikistan has taken the first step toward banning children and adolescents from worshipping in mosques and churches, drawing criticism from Muslim leaders who oppose the Central Asian state's crackdown on religious freedom. The lower house of parliament
Published 18 Jun, 2011 12:00am
Tajikistan moves to ban adolescents from mosques

Tajikistan moves to ban adolescents from mosques

Tajikistan has taken the first step toward banning children and adolescents from worshipping in mosques and churches, drawing criticism from Muslim leaders who oppose the Central Asian state's crackdown on religious freedom. The lower house of parliament
Published 18 Jun, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (June 17, 2011).

Published 18 Jun, 2011 12:00am
Troops kill 11 militants

Troops kill 11 militants

Pakistani security forces on Friday killed 11 militants during clashes in Khar, one day after several hundred rebels staged a cross-border attack, officials said. The skirmishes took place in the Sarakai and Mukha areas north-west of Khar. "A group of mil
Published 18 Jun, 2011 12:00am
Troops kill 11 militants

Troops kill 11 militants

Pakistani security forces on Friday killed 11 militants during clashes in Khar, one day after several hundred rebels staged a cross-border attack, officials said. The skirmishes took place in the Sarakai and Mukha areas north-west of Khar. "A group of mil
Published 18 Jun, 2011 12:00am
Aptma seeks Zardari's help for five-day gas supply

Aptma seeks Zardari's help for five-day gas supply

All Pakistan Textile Mills Association (Aptma) has approached President Asif Ali Zardari seeking his intervention for five-day uninterrupted gas supply to the textile industry. Textile industry is getting gas for four days only, however with the gas press
Published 18 Jun, 2011 12:00am
Aptma seeks Zardari's help for five-day gas supply

Aptma seeks Zardari's help for five-day gas supply

All Pakistan Textile Mills Association (Aptma) has approached President Asif Ali Zardari seeking his intervention for five-day uninterrupted gas supply to the textile industry. Textile industry is getting gas for four days only, however with the gas press
Published 18 Jun, 2011 12:00am
Aptma seeks Zardari''s help for five-day gas supply

Aptma seeks Zardari''s help for five-day gas supply

All Pakistan Textile Mills Association (Aptma) has approached President Asif Ali Zardari seeking his intervention for five-day uninterrupted gas supply to the textile industry. Textile industry is getting gas for four days only, however with the gas press
Published 18 Jun, 2011 12:00am
US judge dismisses charges against Osama

US judge dismisses charges against Osama

A US judge on Friday dismissed all criminal charges against Osama bin Laden following the al Qaeda leader's death in a military raid in Pakistan. US District Court judge Lewis Kaplan, who had been presiding over the bin Laden case in Manhattan federal cou
Published 18 Jun, 2011 12:00am
US judge dismisses charges against Osama

US judge dismisses charges against Osama

A US judge on Friday dismissed all criminal charges against Osama bin Laden following the al Qaeda leader's death in a military raid in Pakistan. US District Court judge Lewis Kaplan, who had been presiding over the bin Laden case in Manhattan federal cou
Published 18 Jun, 2011 12:00am
THE RUPEE: range-bound changes

THE RUPEE: range-bound changes

Range-bound trading was seen on the money market on Friday as the rupee moved but little versus dollar, experts said. The rupee gained two paisa in relation to dollar for buying at 85.81 and it also inched up by one paisa for selling at 85.86, they said.
Published 18 Jun, 2011 12:00am
Oil, gas exploration: President seeks Chinese assistance

Oil, gas exploration: President seeks Chinese assistance

President Asif Ali Zardari called for Chinese assistance in onshore and offshore drilling for oil and gas as well as for reactivating the depleted and abandoned oil and gas fields in different parts of the country. The call was made during his meeting wit
Published 18 Jun, 2011 12:00am
THE RUPEE: range-bound changes

THE RUPEE: range-bound changes

Range-bound trading was seen on the money market on Friday as the rupee moved but little versus dollar, experts said. The rupee gained two paisa in relation to dollar for buying at 85.81 and it also inched up by one paisa for selling at 85.86, they said.
Published 18 Jun, 2011 12:00am
Oil, gas exploration: President seeks Chinese assistance

Oil, gas exploration: President seeks Chinese assistance

President Asif Ali Zardari called for Chinese assistance in onshore and offshore drilling for oil and gas as well as for reactivating the depleted and abandoned oil and gas fields in different parts of the country. The call was made during his meeting wit
Published 18 Jun, 2011 12:00am
Oil, gas exploration: President seeks Chinese assistance

Oil, gas exploration: President seeks Chinese assistance

President Asif Ali Zardari called for Chinese assistance in onshore and offshore drilling for oil and gas as well as for reactivating the depleted and abandoned oil and gas fields in different parts of the country. The call was made during his meeting wit
Published 18 Jun, 2011 12:00am
Capital flight: a point to ponder

Capital flight: a point to ponder

Khalid Abdul Razzak, Malaysia's Consul General in Karachi, revealed that Pakistanis had transferred 180 billion rupees (about 2.1 billion dollars) to Malaysia under Malaysia My Second Home Programme, with Pakistan emerging as one of the top 10 countries t
Published 18 Jun, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 17, 2011).

Published 18 Jun, 2011 12:00am
Make Pakistan full SCO member

Make Pakistan full SCO member

In inter-state relationships there is no such thing as single-dimensional cooperation confined to specific areas; over time, the member-states widen the scope of their linkages to include new subjects or objectives. The same happens with regional organisa
Published 18 Jun, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 17, 2011).

Published 18 Jun, 2011 12:00am
The budget as a creative document

The budget as a creative document

The budget is lacklustre with its usual jute strings [used to be] and now replaced by ribbons of different colors. That seems to be the only change that has taken place. The same oxidised papers that was likely to decay and fall off after the first readin
Published 18 Jun, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (June 17, 2011).

Published 18 Jun, 2011 12:00am
Quake-stricken Japanese still stoic 100 days later

Quake-stricken Japanese still stoic 100 days later

As Japan prepares to mark the 100th day since one of its worst natural disasters this weekend, its people having been showing patience and fortitude in their efforts to rebuild their lives. Their patience with their politicians, however, has been wearing
Published 18 Jun, 2011 12:00am
Federal budget - new vistas for Islamic financing

Federal budget - new vistas for Islamic financing

The recently presented Federal Budget 2011-12, despite the challenges and limitations of resources and revenue sources, features numerous measures and incentives to accelerate progress in various industrial and commercial sectors of the economy.
Published 18 Jun, 2011 12:00am
'Deconstructing a statutory proviso'

'Deconstructing a statutory proviso'

The above write-up in Business Recorder's issue of 16 June is pretty educative. This is immensely useful to the practitioners and adjudicating officers, helping them on light of the laws. Apparently, highly proficient in fiscal lore, the author would rend
Published 18 Jun, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (June 17, 2011) and for Saturday (June 18, 2011).
Published 18 Jun, 2011 12:00am
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