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Archive - 2011-07-22
European stocks close higher
Financial

European stocks close higher

LONDON : European stock markets closed higher on Friday, with London 's benchmark FTSE 100 index of top shares up 0.60
Published 22 Jul, 2011 08:03pm
England 474-8 dec against India
Cricket

England 474-8 dec against India

LONDON : England , after losing the toss, declared their first innings on 474 for eight against India on the second d
Published 22 Jul, 2011 07:00pm
CBOT wheat, corn fall early
Commodities

CBOT wheat, corn fall early

CHICAGO : Chicago Board of Trade wheat futures fell in early trading on Friday due to light demand for US supplies on
Published 22 Jul, 2011 04:57pm
One killed in Norway explosion: radio
Top News

One killed in Norway explosion: radio

OSLO : At least one person was killed by a powerful explosion which ripped through government and media buildings in Nor
Published 22 Jul, 2011 11:43am
BNP leader among four killed in Khuzdar
Top News

BNP leader among four killed in Khuzdar

KHUZDAR: At least four persons, including a leader of Balochistan National Party (BNP) were killed by unidentified armed
Published 22 Jul, 2011 11:04am
Zaheer absence rocks India
Cricket

Zaheer absence rocks India

LONDON : India suffered a major setback in being without spearhead fast bowler Zaheer Khan when play began on the seco
Published 22 Jul, 2011 10:53am
China makes nuclear power breakthrough
Top News

China makes nuclear power breakthrough

BEIJING : China said Friday it had hooked its first so-called "fourth generation" nuclear reactor to the grid, a breakth
Published 22 Jul, 2011 09:55am
41 killed in China bus blaze: state TV
Top News

41 killed in China bus blaze: state TV

BEIJING: At least 41 people died on Friday when an overcrowded bus that was carrying hazardous goods caught fire in cent
Published 22 Jul, 2011 08:16am
Six killed in firing in Malir, Landhi
Top News

Six killed in firing in Malir, Landhi

KARACHI: At least six people have been killed in firing incidents in Karachi on Friday, police and rescue sources said.
Published 22 Jul, 2011 07:34am
SBP to buy govt paper in reverse repo
Top News

SBP to buy govt paper in reverse repo

KARACHI: State Bank of Pakistan (SBP) said it would buy government paper from commercial banks on Friday in 7-day revers
Published 22 Jul, 2011 07:31am
COAS calls on PM
Top News

COAS calls on PM

ISLAMABAD: Chief of the Army Staff (COAS), General Ashfaq Pervez Kayani called on Prime Minister Syed Yusuf Raza Gilani
Published 22 Jul, 2011 07:10am
Powerless unit, powerful union
BR Research

Powerless unit, powerful union

Karachi's woes never seem to end. Just when the dust seems to be settling on the political front - at least for the time being - the city of
Published 22 Jul, 2011 12:00am
Where are capital goods imports?
BR Research

Where are capital goods imports?

A penny saved is a penny earned. But this adage doesn't make sense when expenditure on capital goods is taken into consideration. With globa
Published 22 Jul, 2011 12:00am
Clinton in India

Clinton in India

A week ahead of the foreign ministers-level talks between Pakistan and India, the United States has underscored advisability of sustained dialogue between them. "We are encouraged by the dialogue occurring between India and Pakistan ...This is the most pr
Published 22 Jul, 2011 12:00am
Freedom for all religions

Freedom for all religions

In a country founded on the idea of providing religious freedoms against oppression faced in pre-partition India, it is tragic to note the cruel twist of fate where a minority community is prohibited to perform their religious rituals. Unfortunately, howe
Published 22 Jul, 2011 12:00am
Exit of SBP governor

Exit of SBP governor

Shahid H. Kardar, during his short tenure as Governor of State Bank of Pakistan (SBP), was highly critical of wasteful expenditure. He was asking the government to devise a sound strategy as well as short-term and long-term plans to counter the menace of
Published 22 Jul, 2011 12:00am
Knowing about money laundering - II

Knowing about money laundering - II

Modern AML controls are overwhelmingly focused on the cash conversion process, seeking to identify and highlight the movement of large amounts of cash. These controls intend to identify and isolate potentially irregular activity for further review, thereb
Published 22 Jul, 2011 12:00am
Somali pirates cause economic hardship for neighbours

Somali pirates cause economic hardship for neighbours

Ship crews get nervous as soon as their vessels enter the waters around the Horn of Africa. Hardly surprising considering nearly 600 people are currently being held by pirates operating in the area and those who have so far been lucky, fear their vessel c
Published 22 Jul, 2011 12:00am
PIA pensioners

PIA pensioners

The PIA management has recently given a raise in the salaries of its serving employees, which is a good step. Whereas the retired PIA employees, who are already drawing a very meagre amount as pension, were also expecting a similar favour as ever-increasi
Published 22 Jul, 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 22 Jul, 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 22 Jul, 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 (July 21, 2011).

Published 22 Jul, 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 (July 21, 2011).

Published 22 Jul, 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 (July 21, 2011).

Published 22 Jul, 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 (July 21, 2011).

Published 22 Jul, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (July 21, 2011).
Published 22 Jul, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (July 21, 2011).

Published 22 Jul, 2011 12:00am
Eurozone offers Greece lifeline, with default risk

Eurozone offers Greece lifeline, with default risk

Eurozone leaders agreed Thursday on a new bailout of Greece worth nearly 159 billion euros and including the participation of the private sector, according to a final summit declaration. The aid from European governments and the IMF will total 109 billion
Published 22 Jul, 2011 12:00am
Eurozone offers Greece lifeline, with default risk

Eurozone offers Greece lifeline, with default risk

Eurozone leaders agreed Thursday on a new bailout of Greece worth nearly 159 billion euros and including the participation of the private sector, according to a final summit declaration. The aid from European governments and the IMF will total 109 billion
Published 22 Jul, 2011 12:00am
Eurozone offers Greece lifeline, with default risk

Eurozone offers Greece lifeline, with default risk

Eurozone leaders agreed Thursday on a new bailout of Greece worth nearly 159 billion euros and including the participation of the private sector, according to a final summit declaration. The aid from European governments and the IMF will total 109 billion
Published 22 Jul, 2011 12:00am
Four OGDCL employees killed in blast

Four OGDCL employees killed in blast

At least four employees of Oil and Gas Development Corporation (OGDCL) were killed and four others injured in a bomb blast took place in Dera Allahyar town of Jaffarabad district on Thursday. "Unknown men planted an explosive material into a motor ricksha
Published 22 Jul, 2011 12:00am
Four OGDCL employees killed in blast

Four OGDCL employees killed in blast

At least four employees of Oil and Gas Development Corporation (OGDCL) were killed and four others injured in a bomb blast took place in Dera Allahyar town of Jaffarabad district on Thursday. "Unknown men planted an explosive material into a motor ricksha
Published 22 Jul, 2011 12:00am
FBR amnesty scheme: single transaction by suppliers not enough

FBR amnesty scheme: single transaction by suppliers not enough

The Federal Board of Revenue has announced that a single transaction by sellers/suppliers or service providers to five sales tax zero-rated sectors would not be sufficient to avail the benefits of amnesty granted under section 111 of the Income Tax Ordina
Published 22 Jul, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (July 21, 2011).

Published 22 Jul, 2011 12:00am
FBR amnesty scheme: single transaction by suppliers not enough

FBR amnesty scheme: single transaction by suppliers not enough

The Federal Board of Revenue has announced that a single transaction by sellers/suppliers or service providers to five sales tax zero-rated sectors would not be sufficient to avail the benefits of amnesty granted under section 111 of the Income Tax Ordina
Published 22 Jul, 2011 12:00am
FBR amnesty scheme: single transaction by suppliers not enough

FBR amnesty scheme: single transaction by suppliers not enough

The Federal Board of Revenue has announced that a single transaction by sellers/suppliers or service providers to five sales tax zero-rated sectors would not be sufficient to avail the benefits of amnesty granted under section 111 of the Income Tax Ordina
Published 22 Jul, 2011 12:00am
Five leading export sectors: new single rate ST regime from August 1

Five leading export sectors: new single rate ST regime from August 1

The Federal Board of Revenue has decided to introduce a single rate of 5 percent on the local supplies made to un-registered persons of five export oriented sectors - textile, leather, carpets, surgical and sports industry from August 1, 2011.
Published 22 Jul, 2011 12:00am
Five leading export sectors: new single rate ST regime from August 1

Five leading export sectors: new single rate ST regime from August 1

The Federal Board of Revenue has decided to introduce a single rate of 5 percent on the local supplies made to un-registered persons of five export oriented sectors - textile, leather, carpets, surgical and sports industry from August 1, 2011.
Published 22 Jul, 2011 12:00am
Five leading export sectors: new single rate ST regime from August 1

Five leading export sectors: new single rate ST regime from August 1

The Federal Board of Revenue has decided to introduce a single rate of 5 percent on the local supplies made to un-registered persons of five export oriented sectors - textile, leather, carpets, surgical and sports industry from August 1, 2011.
Published 22 Jul, 2011 12:00am
Desk audit and risk assessment: FBR finalising 25 parameters

Desk audit and risk assessment: FBR finalising 25 parameters

The Federal Board of Revenue is finalising 25 parameters for income tax desk audit and risk assessment criteria under Income Tax Ordinance 2001 to detect under-reporting of taxes and concealment of income without physical interaction with the registered t
Published 22 Jul, 2011 12:00am
Desk audit and risk assessment: FBR finalising 25 parameters

Desk audit and risk assessment: FBR finalising 25 parameters

The Federal Board of Revenue is finalising 25 parameters for income tax desk audit and risk assessment criteria under Income Tax Ordinance 2001 to detect under-reporting of taxes and concealment of income without physical interaction with the registered t
Published 22 Jul, 2011 12:00am
Desk audit and risk assessment: FBR finalising 25 parameters

Desk audit and risk assessment: FBR finalising 25 parameters

The Federal Board of Revenue is finalising 25 parameters for income tax desk audit and risk assessment criteria under Income Tax Ordinance 2001 to detect under-reporting of taxes and concealment of income without physical interaction with the registered t
Published 22 Jul, 2011 12:00am
Ramazan to start on the second day of August

Ramazan to start on the second day of August

The new Ramazan moon should be sighted on the 1st of August (Monday), according to astronomical parameters. Therefore, the first of Ramazan, 1432 AH will fall on Tuesday the 2nd of August. The moon will cross the conjunction line on Saturday the 30th of J
Published 22 Jul, 2011 12:00am
Ramazan to start on the second day of August

Ramazan to start on the second day of August

The new Ramazan moon should be sighted on the 1st of August (Monday), according to astronomical parameters. Therefore, the first of Ramazan, 1432 AH will fall on Tuesday the 2nd of August. The moon will cross the conjunction line on Saturday the 30th of J
Published 22 Jul, 2011 12:00am
Index gains 41.6 points

Index gains 41.6 points

The KSE-100 index on Thursday gained 41.60 points to close at 12,474.77 points level on the back of local investors and institutional support. The foreign investors, however, remained on the selling side and withdrew $7 million from the local equity marke
Published 22 Jul, 2011 12:00am
Index gains 41.6 points

Index gains 41.6 points

The KSE-100 index on Thursday gained 41.60 points to close at 12,474.77 points level on the back of local investors and institutional support. The foreign investors, however, remained on the selling side and withdrew $7 million from the local equity marke
Published 22 Jul, 2011 12:00am
Index gains 41.6 points

Index gains 41.6 points

The KSE-100 index on Thursday gained 41.60 points to close at 12,474.77 points level on the back of local investors and institutional support. The foreign investors, however, remained on the selling side and withdrew $7 million from the local equity marke
Published 22 Jul, 2011 12:00am
BRIndex30 up 23.27 points

BRIndex30 up 23.27 points

On Thursday, BRIndex30 opened at 8,882.02. It touched an intraday high of 8,943.69 and an intraday low of 8,867.45 and closed at 8,905.29 which was 23.27 points or 0.26 percent higher than previous close. Total volume was 48,624,630, which was 69.14 perce
Published 22 Jul, 2011 12:00am
BRIndex30 up 23.27 points

BRIndex30 up 23.27 points

On Thursday, BRIndex30 opened at 8,882.02. It touched an intraday high of 8,943.69 and an intraday low of 8,867.45 and closed at 8,905.29 which was 23.27 points or 0.26 percent higher than previous close. Total volume was 48,624,630, which was 69.14 perce
Published 22 Jul, 2011 12:00am
KSE sees $18.478 million outflow in three days

KSE sees $18.478 million outflow in three days

Foreign investors turned net sellers and withdrew $18.478 million from the local equity market during the last three days. According to National Clearing Company of Pakistan Limited (NCCPL) data an outflow of $7million of this mode of investment was seen
Published 22 Jul, 2011 12:00am
KSE sees $18.478 million outflow in three days

KSE sees $18.478 million outflow in three days

Foreign investors turned net sellers and withdrew $18.478 million from the local equity market during the last three days. According to National Clearing Company of Pakistan Limited (NCCPL) data an outflow of $7million of this mode of investment was seen
Published 22 Jul, 2011 12:00am
KSE sees $18.478 million outflow in three days

KSE sees $18.478 million outflow in three days

Foreign investors turned net sellers and withdrew $18.478 million from the local equity market during the last three days. According to National Clearing Company of Pakistan Limited (NCCPL) data an outflow of $7million of this mode of investment was seen
Published 22 Jul, 2011 12:00am
UN says climate change threatens world security

UN says climate change threatens world security

Climate change is generating an "unholy brew" of extreme weather events that threaten global security, the UN chief said Wednesday as the Security Council recognised the issue's potential effect on world peace.
Published 22 Jul, 2011 12:00am
UN says climate change threatens world security

UN says climate change threatens world security

Climate change is generating an "unholy brew" of extreme weather events that threaten global security, the UN chief said Wednesday as the Security Council recognised the issue's potential effect on world peace.
Published 22 Jul, 2011 12:00am
Sharply split US lawmakers vow to avert default

Sharply split US lawmakers vow to avert default

Top US lawmakers insisted Thursday that the polarised congress would act in time to avert a potentially calamitous early August debt default amid world market worries about prospects for a compromise.
Published 22 Jul, 2011 12:00am
Sharply split US lawmakers vow to avert default

Sharply split US lawmakers vow to avert default

Top US lawmakers insisted Thursday that the polarised congress would act in time to avert a potentially calamitous early August debt default amid world market worries about prospects for a compromise.
Published 22 Jul, 2011 12:00am
Iran halts oil supply, but India sees no shortage

Iran halts oil supply, but India sees no shortage

India has a back-up plan to cope with a halt to crude supplies from Iran, its oil minister said, as Tehran upped the ante in an oil payments row and Indian refiners rushed to secure alternative supplies, including from Saudi Arabia.
Published 22 Jul, 2011 12:00am
Iran halts oil supply, but India sees no shortage

Iran halts oil supply, but India sees no shortage

India has a back-up plan to cope with a halt to crude supplies from Iran, its oil minister said, as Tehran upped the ante in an oil payments row and Indian refiners rushed to secure alternative supplies, including from Saudi Arabia.
Published 22 Jul, 2011 12:00am
Iran halts oil supply, but India sees no shortage

Iran halts oil supply, but India sees no shortage

India has a back-up plan to cope with a halt to crude supplies from Iran, its oil minister said, as Tehran upped the ante in an oil payments row and Indian refiners rushed to secure alternative supplies, including from Saudi Arabia.
Published 22 Jul, 2011 12:00am
US panel rejects bid to end all aid

US panel rejects bid to end all aid

A US Congress panel on Thursday rejected a proposal to cut off all aid to Pakistan. The House Foreign Affairs Committee easily rejected the measure, with five lawmakers voting yes and 39 voting no. But the bill in its current form would still impose tight
Published 22 Jul, 2011 12:00am
US panel rejects bid to end all aid

US panel rejects bid to end all aid

A US Congress panel on Thursday rejected a proposal to cut off all aid to Pakistan. The House Foreign Affairs Committee easily rejected the measure, with five lawmakers voting yes and 39 voting no. But the bill in its current form would still impose tight
Published 22 Jul, 2011 12:00am
Post-9/11 hate killer executed in Texas

Post-9/11 hate killer executed in Texas

Authorities in Texas executed a racist killer who went on an anti-Muslim shooting rampage following the 9/11 attacks after pleas by one of his victims for his life to be spared were rejected.
Published 22 Jul, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 22 Jul, 2011 12:00am
Post-9/11 hate killer executed in Texas

Post-9/11 hate killer executed in Texas

Authorities in Texas executed a racist killer who went on an anti-Muslim shooting rampage following the 9/11 attacks after pleas by one of his victims for his life to be spared were rejected.
Published 22 Jul, 2011 12:00am
MoC refuses to allow third party audit of EDF

MoC refuses to allow third party audit of EDF

Ministry of Commerce (MoC) has refused to allow third party audit of Export Development Fund (EDF), fearing massive irregularities in utilisation of precious national resources, despite pressure from the Ministry of Finance (MoF), well-informed sources to
Published 22 Jul, 2011 12:00am
MoC refuses to allow third party audit of EDF

MoC refuses to allow third party audit of EDF

Ministry of Commerce (MoC) has refused to allow third party audit of Export Development Fund (EDF), fearing massive irregularities in utilisation of precious national resources, despite pressure from the Ministry of Finance (MoF), well-informed sources to
Published 22 Jul, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 22 Jul, 2011 12:00am
MoC refuses to allow third party audit of EDF

MoC refuses to allow third party audit of EDF

Ministry of Commerce (MoC) has refused to allow third party audit of Export Development Fund (EDF), fearing massive irregularities in utilisation of precious national resources, despite pressure from the Ministry of Finance (MoF), well-informed sources to
Published 22 Jul, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Jul, 2011 12:00am
After 45 years, a lawsuit against Citigroup ends

After 45 years, a lawsuit against Citigroup ends

It took 45 years for the wheels of justice to finally stop churning in a lawsuit against Citigroup Inc. A New York state appeals court in Manhattan on Thursday dismissed a 1966 lawsuit against the bank over an Okinawa, Japan, school construction project,
Published 22 Jul, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Jul, 2011 12:00am
Bullish sentiments dominate LSE

Bullish sentiments dominate LSE

Bullish sentiments dominated Lahore Stock Exchange on Thursday where equities registered gains amid slightly improved trading turnover due to fresh buying interest in the blue chips.
Published 22 Jul, 2011 12:00am
Bullish sentiments dominate LSE

Bullish sentiments dominate LSE

Bullish sentiments dominated Lahore Stock Exchange on Thursday where equities registered gains amid slightly improved trading turnover due to fresh buying interest in the blue chips.
Published 22 Jul, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (July 21, 2011).

Published 22 Jul, 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 the hot favorite amid increase in index. ISE Ten Index showed an improvement of 4.34 points as the ISE Ten Index moved from 2,781.
Published 22 Jul, 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 the hot favorite amid increase in index. ISE Ten Index showed an improvement of 4.34 points as the ISE Ten Index moved from 2,781.
Published 22 Jul, 2011 12:00am
PML-N and MQM stage walkout from National Assembly and Senate

PML-N and MQM stage walkout from National Assembly and Senate

The Opposition members including Pakistan Muslim League-Nawaz (PML-N) and Muttahida Qaumi Movement (MQM) on Thursday staged walkout from both the Houses of the Parliament in protest against the government as their agenda was not included in the order of t
Published 22 Jul, 2011 12:00am
PML-N and MQM stage walkout from National Assembly and Senate

PML-N and MQM stage walkout from National Assembly and Senate

The Opposition members including Pakistan Muslim League-Nawaz (PML-N) and Muttahida Qaumi Movement (MQM) on Thursday staged walkout from both the Houses of the Parliament in protest against the government as their agenda was not included in the order of t
Published 22 Jul, 2011 12:00am
Court unseals Mumbai terror trial documents

Court unseals Mumbai terror trial documents

A federal court has released previously sealed documents from a recent trial in Chicago related to the deadly terrorist attacks in Mumbai, India in 2008. The US District Court in Chicago opened 26 documents Wednesday from the trial of businessman Tahawwur
Published 22 Jul, 2011 12:00am
Court unseals Mumbai terror trial documents

Court unseals Mumbai terror trial documents

A federal court has released previously sealed documents from a recent trial in Chicago related to the deadly terrorist attacks in Mumbai, India in 2008. The US District Court in Chicago opened 26 documents Wednesday from the trial of businessman Tahawwur
Published 22 Jul, 2011 12:00am
India tests new quick-response missile

India tests new quick-response missile

India on Thursday carried out a successful first test-launch of a quick-response, short-range missile, news reports said. The single-stage missile named Prahaar, which in Hindi means attack, has a range of 150 kilometres and is 7.8 metres long, weighs 1.2
Published 22 Jul, 2011 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

Bullish sentiment was seen on the money market on Thursday as the rupee managed to recover modestly against dollar and euro, dealers said.
Published 22 Jul, 2011 12:00am
India tests new quick-response missile

India tests new quick-response missile

India on Thursday carried out a successful first test-launch of a quick-response, short-range missile, news reports said. The single-stage missile named Prahaar, which in Hindi means attack, has a range of 150 kilometres and is 7.8 metres long, weighs 1.2
Published 22 Jul, 2011 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

Bullish sentiment was seen on the money market on Thursday as the rupee managed to recover modestly against dollar and euro, dealers said.
Published 22 Jul, 2011 12:00am
Rs 900 million will be provided to TCGP: Hafeez

Rs 900 million will be provided to TCGP: Hafeez

The Ministry will provide Rs 900 million to the Thar Coal Gasification Project (TCGP) to generate 100 MW power through conversion of coal into gas. This was stated by the Minister for Finance Dr Abdul Hafeez Sheikh here on Thursday while chairing a meetin
Published 22 Jul, 2011 12:00am
Rs 900 million will be provided to TCGP: Hafeez

Rs 900 million will be provided to TCGP: Hafeez

The Ministry will provide Rs 900 million to the Thar Coal Gasification Project (TCGP) to generate 100 MW power through conversion of coal into gas. This was stated by the Minister for Finance Dr Abdul Hafeez Sheikh here on Thursday while chairing a meetin
Published 22 Jul, 2011 12:00am
Rs 900 million will be provided to TCGP: Hafeez

Rs 900 million will be provided to TCGP: Hafeez

The Ministry will provide Rs 900 million to the Thar Coal Gasification Project (TCGP) to generate 100 MW power through conversion of coal into gas. This was stated by the Minister for Finance Dr Abdul Hafeez Sheikh here on Thursday while chairing a meetin
Published 22 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 21, 2011).

Published 22 Jul, 2011 12:00am
Ottawa says 30 war criminals hiding in Canada

Ottawa says 30 war criminals hiding in Canada

Thirty fugitives wanted for war crimes or crimes against humanity are believed to be hiding in Canada, the government of Prime Minister Stephen Harper said Thursday.
Published 22 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 21, 2011).

Published 22 Jul, 2011 12:00am
Ottawa says 30 war criminals hiding in Canada

Ottawa says 30 war criminals hiding in Canada

Thirty fugitives wanted for war crimes or crimes against humanity are believed to be hiding in Canada, the government of Prime Minister Stephen Harper said Thursday.
Published 22 Jul, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (July 21, 2011).

Published 22 Jul, 2011 12:00am
Pakistan's Foreign Reserves cross $18 billion mark

Pakistan's Foreign Reserves cross $18 billion mark

The country's liquid foreign reserves have crossed $18 billion mark second time during 15 days. The State Bank of Pakistan on Thursday revealed that the country's foreign reserves have surged by $127 million to $18.235 billion during the last week ended o
Published 22 Jul, 2011 12:00am
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