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Archive - 2011-09-07
UN leader condemns India blast
Asia

UN leader condemns India blast

UNITED NATIONS: UN Secretary General Ban Ki-moon and the UN Security Council strongly condemned the bomb blast at a New
Published 07 Sep, 2011 10:13pm
ISE-10 witnesses bearish trend
Markets

ISE-10 witnesses bearish trend

ISLAMABAD : The Islamabad Stock Exchange (ISE-10) on Wednesday witnessed bearish trend, the index closed at 2447.69 wi
Published 07 Sep, 2011 04:04pm
PTCL reports lower profit
Markets

PTCL reports lower profit

KARACHI : Pakistan Telecommunication Company Ltd (PTCL) has posted a lower profit after tax of Rs7.428 billion for the y
Published 07 Sep, 2011 03:39pm
Power shortfall drops to 2,514MW
Top News

Power shortfall drops to 2,514MW

ISLAMABAD: The electricity shortfall in the country Wednesday reduced to 2,514 MW from 3,310 MW as the total power gener
Published 07 Sep, 2011 01:39pm
Six new ATC judges appointed
Top News

Six new ATC judges appointed

KARACHI : Sindh Law Department has posted six judges in provincial Anti Terrorism Courts (ATCs) against vacancies. Ac
Published 07 Sep, 2011 01:32pm
No bomb on plane in Malaysia: officials
Top News

No bomb on plane in Malaysia: officials

KUALA LUMPUR : A PIA passenger jet with 187 people on board landed in Kuala Lumpur following a bomb alert, but a searc
Published 07 Sep, 2011 01:02pm
Swiss president to stand down
Europe

Swiss president to stand down

GENEVA: Swiss President and Foreign Minister Micheline Calmy-Rey announced on Wednesday she would not be running for r
Published 07 Sep, 2011 10:27am
Information Minister arrives in Oslo
Top News

Information Minister arrives in Oslo

OSLO : Federal Minister for Information & Broadcasting Dr. Firdos Ashiq Awan arrived here on a three-day visit to Norwa
Published 07 Sep, 2011 10:22am
President Zardari condemns Quetta attack
Top News

President Zardari condemns Quetta attack

ISLAMABAD: President Asif Ali Zardari on Wednesday strongly condemned the twin bomb blasts outside the residence of DIG
Published 07 Sep, 2011 08:31am
Gilani condemns Quetta blasts
Top News

Gilani condemns Quetta blasts

ISLAMABAD: Prime Minister Syed Yusuf Raza Gilani on Wednesday in a message from Astana, Kazakhstan strongly condemned th
Published 07 Sep, 2011 07:39am
Spot gold to rise to $1,920.30/oz
Top News

Spot gold to rise to $1,920.30/oz

SINGAPORE : Spot gold is biased to revisit the Tuesday high of $1,920.30 per ounce, as a short-term uptrend established
Published 07 Sep, 2011 04:18am
IBRAHIM FIBRES LIMITED

IBRAHIM FIBRES LIMITED

Ibrahim Fiber Limited, formerly known as Ibrahim Agencies, started off as a mere cloth trading agency following the partition of the subcontinent. Over the years, as the company's business interests diversified, it successfully expanded its areas of opera
Published 07 Sep, 2011 12:00am
France not facing new recession: finance minister

France not facing new recession: finance minister

France is not threatened by recession, Finance Minister Francois Baroin insisted on Tuesday, despite stagnant growth and the onset of a new package of government austerity measures. Speaking on Europe 1 radio, Baroin said planned cutbacks would not hit co
Published 07 Sep, 2011 12:00am
IBRAHIM FIBRES LIMITED

IBRAHIM FIBRES LIMITED

Ibrahim Fiber Limited, formerly known as Ibrahim Agencies, started off as a mere cloth trading agency following the partition of the subcontinent. Over the years, as the company's business interests diversified, it successfully expanded its areas of opera
Published 07 Sep, 2011 12:00am
NHA increases toll rates on highways, motorways

NHA increases toll rates on highways, motorways

The National Highway Authority (NHA) has increased the toll rates by up to 25 percent on all national highways and motorways to collect more funds to ensure timely completion of its various on-going development projects. In its 206th meeting held on Augus
Published 07 Sep, 2011 12:00am
Enmity claims two lives

Enmity claims two lives

Two people were killed while another received severe injuries in a firing incident early Tuesday morning in a village of tehsil Chunian. According to police, accused Zulfiqar and his five companions resorted to indiscriminate firing on his rival Gulzar an
Published 07 Sep, 2011 12:00am
553 road accidents reported in Ramazan

553 road accidents reported in Ramazan

Director General Rescue 1122, Dr Rizwan Naseer has said Rescue 1122 dealt with more road accidents during Ramazan as compared to other months of this year because 553 road accidents occurred during the holy month. He reviewed the data of emergencies durin
Published 07 Sep, 2011 12:00am
Charsadda Paper Mill: NDA alleges irregularities in sale

Charsadda Paper Mill: NDA alleges irregularities in sale

MNA and Convenor National Democratic Alliance (NDA), Nawabzada Khawaja Mohammad Khan Hoti has unearthed massive level irregularities and corruption in Charsadda Paper Mill, saying that the government is intentionally going to sale out the expensive land o
Published 07 Sep, 2011 12:00am
Prime Minister urges Parco to invest in energy sector

Prime Minister urges Parco to invest in energy sector

Chairman Pak Arab Refinery Ltd (PARCO) Nawab Hassan Ali Khan Tuesday called on Prime Minister Syed Yousuf Raza Gilani and briefed him about various projects undertaken by the company. The Prime Minister appreciated the efforts of the company by contributi
Published 07 Sep, 2011 12:00am
Heavy downpours cause gridlock on city roads

Heavy downpours cause gridlock on city roads

Heavy downpour on Tuesday evening lashed the city, which turned many roads and thoroughfares into streams that caused traffic jams on major roads. However, the heavy rainfall scaled down the temperature and turned the weather pleasant in the city. Public
Published 07 Sep, 2011 12:00am
BoK achieves Rs eight billion MCR target

BoK achieves Rs eight billion MCR target

The Bank of Khyber (BoK) has achieved the target of minimum capital requirement (MCR) set by the State Bank of Pakistan (SBP) for all commercial banks of the country for the year 2011. The bank in this regard has issued right shares worth Rs 3.224 billion
Published 07 Sep, 2011 12:00am
Etihad welcomes September with Great Bonanza

Etihad welcomes September with Great Bonanza

Etihad Airways welcomes the month of September with its Great Etihad Bonanza - offering top value with special airfares from Pakistan to Abu Dhabi, Europe and beyond. The special fares in Etihad's luxurious, full service Pearl Business and Coral Economy c
Published 07 Sep, 2011 12:00am
Short supply pushes rates up on grain market

Short supply pushes rates up on grain market

Rising trend persisted on the wholesale grain market on Tuesday as supply was tight from upcountry centres after rains, dealers said. On the cereals side, wheat old (bardan) and wheat new both gained Rs 30 to Rs 2600-2615, other items retained overnight l
Published 07 Sep, 2011 12:00am
Bangladesh reissues tender for sugar

Bangladesh reissues tender for sugar

Bangladesh Sugar and Food Industries Corporation reissued an international tender on Tuesday to import 25,000 tonnes of sugar as part of efforts to build reserves and hold down domestic prices, an official with the corporation said. The last date of submi
Published 07 Sep, 2011 12:00am
Cotton spot rate, lint prices sharply up as mills step up buying

Cotton spot rate, lint prices sharply up as mills step up buying

Bullish sentiment was seen on cotton market on Tuesday as mills showed interest in fresh buying, but on the other hand the ginners were trying to raise the asking prices, dealers said. The Karachi Cotton Association (KCA) official spot rate was raised by
Published 07 Sep, 2011 12:00am
Oil cake market rates

Oil cake market rates

The December vaida was higher while the January vaida was unchanged on the forward cottonseed oilcake market on Tuesday in process of trading, dealers said. The December contract that had ended at Rs 1313.40 commenced with a gain of 40 paisa to Rs 1313.80
Published 07 Sep, 2011 12:00am
US corn, wheat, soya futures slide as Europe's debt crisis continues

US corn, wheat, soya futures slide as Europe's debt crisis continues

US wheat, corn and soyabean futures all fell around 1 percent on Tuesday because of risk aversion as Europe's debt crisis continued, the dollar strengthened and US prices caught up with falls in Europe on Monday. "The macro factors are dominating the agri
Published 07 Sep, 2011 12:00am
Thailand sees higher rice output in 2011-12

Thailand sees higher rice output in 2011-12

Thailand, the world's biggest rice exporter, was expected to produce more rice in the current 2011/12 crop despite being hit by storm and floods in the past few months, a senior agriculture official said on Tuesday. "The latest forecast after floods showe
Published 07 Sep, 2011 12:00am
French maize crop seen set for record yield

French maize crop seen set for record yield

The maize grain harvest in France is expected to produce a record average yield of around 10 tonnes per hectare, technical institute Arvalis said on Monday. High expected yields reflected early sowing and regular rain during the second half of the growing
Published 07 Sep, 2011 12:00am
Ivorian cocoa reforms ready within three months

Ivorian cocoa reforms ready within three months

Ivory Coast will unveil its cocoa industry reform plan within three months, and the proposals will balance the needs of private export firms and local producers, its agriculture minister said late on Monday. Ivorian cocoa output has hit a record this seas
Published 07 Sep, 2011 12:00am
China's sugar arrivals seen at 600,000 tonnes in September

China's sugar arrivals seen at 600,000 tonnes in September

More than half a million tonnes of sugar, mostly from Brazil, are expected to arrive in China in September as the country rebuilds stocks after a prolonged drought hit its main growing region, dealers estimated on Tuesday. The downgrade in output in top p
Published 07 Sep, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 121,448 tonnes of cargo including 97,596 tonnes of import cargo, 23,852 tonnes of export cargo and 5,392 loaded & empty containers during last 24 hours ended at 0700 hours on Tuesday. The total import cargo of 97,596 tonnes compri
Published 07 Sep, 2011 12:00am
Message from President of Pakistan

Message from President of Pakistan

The significance of September 6 lies in the fact that on this day in 1965 the people of Pakistan from all provinces and all walks of life joined hands in solidly standing behind the Armed Forces to face a serious threat to the country. The unprecedented n
Published 07 Sep, 2011 12:00am
Message from Prime Minister of Pakistan

Message from Prime Minister of Pakistan

Today is the 6th of September and the people of Pakistan celebrate this day as 'Defence Day of Pakistan' with traditional fervour with regard to September 1965 war. 46 years ago on this very day, we had to step in for defence of our territorial frontiers
Published 07 Sep, 2011 12:00am
Message from Federal Minister for Defence

Message from Federal Minister for Defence

The Defence Day of Pakistan reminds us of the indomitable courage displayed by the people and Armed Forces of Pakistan in thwarting the nefarious designs of the enemy. It was the day when our valiant Armed Forces and the nation stood together and exhibite
Published 07 Sep, 2011 12:00am
Message from Chairman Joint Chiefs of Staff Committee

Message from Chairman Joint Chiefs of Staff Committee

6 September reminds us of those defining moments in our history when Pakistan's survival as a country was threatened by external aggression. At that time entire nation imbued with patriotism and unwavering resolve stood alongside its Armed Forces like a r
Published 07 Sep, 2011 12:00am
Message from Chief of Army Staff

Message from Chief of Army Staff

This day is marked by the accomplishments of the entire nation to reverse the nefarious enemy designs with the help of the Armed Forces in 1965 war. Today, we must acknowledge and pay reverence to the brave feats of our valorous soldiers during war times
Published 07 Sep, 2011 12:00am
Message from Chief of the Naval Staff

Message from Chief of the Naval Staff

Every year we celebrate Defence Day to pay homage to our valiant Armed Forces. The 1965 war, besides reminding us of the exemplary bravery and courage of our Armed Forces, also stand as an icon of; our national unity and solidarity, when the whole nation
Published 07 Sep, 2011 12:00am
Message from Chief of the Air Staff

Message from Chief of the Air Staff

On the glorious occasion of the Defence Day of Pakistan, I would like to share my feelings of pride and satisfaction with all countrymen and women. It was on this historic day when the entire Pakistani nation rose like one in the noble cause of national d
Published 07 Sep, 2011 12:00am
Pakistan Army continues with the Spirit of September

Pakistan Army continues with the Spirit of September

September 6 is celebrated by the nation as the Defence of Pakistan Day to commemorate Pakistan's supreme hour. Pakistan's Armed Forces exasperated a surprise attack by its numerically superior Indian Ahmed Forces on September 6, 1965.
Published 07 Sep, 2011 12:00am
The Legends of Resolute Determination & Absolute Defence

The Legends of Resolute Determination & Absolute Defence

The tale of Pakistan Army stands against the heavy odds starts from the birth of Pakistan. It's a tale of firm fortitude and supreme protection by the sons of soil who vowed to hold a nation and guard a nation state.
Published 07 Sep, 2011 12:00am
The Spirit of '65

The Spirit of '65

September 06 is celebrated by the nation as The Defence Day of Pakistan to commemorate Pakistan's finest hour when its armed forces frustrated a surprise attack by its numerically superior Indian Armed Forces on September 06, 1965. Pakistan has been the v
Published 07 Sep, 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 07 Sep, 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 07 Sep, 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 Tuesday (September 06, 2011).

Published 07 Sep, 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 Tuesday (September 06, 2011).

Published 07 Sep, 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 Tuesday (September 06, 2011).

Published 07 Sep, 2011 12:00am
Abbasi appointed chairman Press Council

Abbasi appointed chairman Press Council

President Asif Ali Zardari has appointed former Judge of Lahore High Court, Raja Muhammad Shafqat Khan Abbasi, as Chairman, Press Council of Pakistan. Spokesperson Farhatullah Babar said that the appointment was made on the advice of the Prime Minister un
Published 07 Sep, 2011 12:00am
Abbasi appointed chairman Press Council

Abbasi appointed chairman Press Council

President Asif Ali Zardari has appointed former Judge of Lahore High Court, Raja Muhammad Shafqat Khan Abbasi, as Chairman, Press Council of Pakistan. Spokesperson Farhatullah Babar said that the appointment was made on the advice of the Prime Minister un
Published 07 Sep, 2011 12:00am
Stocks fall; Swiss central bank move sinks franc

Stocks fall; Swiss central bank move sinks franc

Global stock markets fell on Tuesday on worries of the European debt crisis worsening, while the Swiss central bank's bold move to slow the safe-haven rush into its currency, which it fears could harm its economy, caused a record 10 percent drop of the fr
Published 07 Sep, 2011 12:00am
President, CoAS discuss Karachi situation

President, CoAS discuss Karachi situation

President Asif Ali Zardari and Chief of the Army Staff (CoAS) General Ashfaq Parvez Kayani discussed national and strategic issues confronting the country on Tuesday at Aiwan-e-Sadr. The CoAS discussed with the President the security situation in the coun
Published 07 Sep, 2011 12:00am
Supreme Court for legislation to end trend of extortion

Supreme Court for legislation to end trend of extortion

The Supreme Court of Pakistan on Tuesday asked the government to carry out the required legislation to eliminate the trend of extortion so that strict action could be taken against extortionists. The court also said action against terrorist outfits should
Published 07 Sep, 2011 12:00am
Supreme Court for legislation to end trend of extortion

Supreme Court for legislation to end trend of extortion

The Supreme Court of Pakistan on Tuesday asked the government to carry out the required legislation to eliminate the trend of extortion so that strict action could be taken against extortionists. The court also said action against terrorist outfits should
Published 07 Sep, 2011 12:00am
50-60 percent cotton crop damaged in Sindh

50-60 percent cotton crop damaged in Sindh

The country would miss its cotton production target for the year 2011-12 by about 2-2.5 million bales because of a massive damage to the crop during the on-going rains. The set target of 15 million bales for the current year, according to agricultural exp
Published 07 Sep, 2011 12:00am
50-60 percent cotton crop damaged in Sindh

50-60 percent cotton crop damaged in Sindh

The country would miss its cotton production target for the year 2011-12 by about 2-2.5 million bales because of a massive damage to the crop during the on-going rains. The set target of 15 million bales for the current year, according to agricultural exp
Published 07 Sep, 2011 12:00am
50-60 percent cotton crop damaged in Sindh

50-60 percent cotton crop damaged in Sindh

The country would miss its cotton production target for the year 2011-12 by about 2-2.5 million bales because of a massive damage to the crop during the on-going rains. The set target of 15 million bales for the current year, according to agricultural exp
Published 07 Sep, 2011 12:00am
Amar Singh arrested in bribery case

Amar Singh arrested in bribery case

A high-profile Indian lawmaker was arrested and sent into judicial custody for 14 days on Tuesday charged with involvement in a bribery scandal, potentially causing more embarrassment for the ruling Congress party shaken by a series of graft scandals.
Published 07 Sep, 2011 12:00am
Amar Singh arrested in bribery case

Amar Singh arrested in bribery case

A high-profile Indian lawmaker was arrested and sent into judicial custody for 14 days on Tuesday charged with involvement in a bribery scandal, potentially causing more embarrassment for the ruling Congress party shaken by a series of graft scandals.
Published 07 Sep, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (September 06, 2011).

Published 07 Sep, 2011 12:00am
Scores of Libyan army vehicles cross into Niger

Scores of Libyan army vehicles cross into Niger

Scores of Libyan army vehicles crossed the desert frontier into Niger in what may be a bid by Muammar Qadhafi to seek refuge in a friendly African state, military sources from France and Niger told Reuters on Tuesday. The United States said it believed th
Published 07 Sep, 2011 12:00am
Scores of Libyan army vehicles cross into Niger

Scores of Libyan army vehicles cross into Niger

Scores of Libyan army vehicles crossed the desert frontier into Niger in what may be a bid by Muammar Qadhafi to seek refuge in a friendly African state, military sources from France and Niger told Reuters on Tuesday. The United States said it believed th
Published 07 Sep, 2011 12:00am
Stocks fall; Swiss central bank move sinks franc

Stocks fall; Swiss central bank move sinks franc

Global stock markets fell on Tuesday on worries of the European debt crisis worsening, while the Swiss central bank's bold move to slow the safe-haven rush into its currency, which it fears could harm its economy, caused a record 10 percent drop of the fr
Published 07 Sep, 2011 12:00am
Stocks fall; Swiss central bank move sinks franc

Stocks fall; Swiss central bank move sinks franc

Global stock markets fell on Tuesday on worries of the European debt crisis worsening, while the Swiss central bank''s bold move to slow the safe-haven rush into its currency, which it fears could harm its economy, caused a record 10 percent drop of the f
Published 07 Sep, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (September 06, 2011).
Published 07 Sep, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (September 06, 2011).

Published 07 Sep, 2011 12:00am
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