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Archive - 2011-09-21
World needs US to fix its economy: Obama
Top News

World needs US to fix its economy: Obama

NEW YORK : Troubled economies around the world are waiting for the United States to fix its own economy and help a glo
Published 21 Sep, 2011 08:28pm
Obama, Noda vow to push economic growth
Top News

Obama, Noda vow to push economic growth

UNITED NATIONS: US President Barack Obama held his first talks with Japan 's new Prime Minister Yoshihiko Noda on Wedne
Published 21 Sep, 2011 08:18pm
European stocks close down
Financial

European stocks close down

LONDON : European stocks fell on Wednesday, with London's FTSE-100 index of leading shares dropping 1.40 percent to 5
Published 21 Sep, 2011 03:57pm
Irish trade surplus narrows in July
Top News

Irish trade surplus narrows in July

DUBLIN: Ireland's trade balance showed a reduced surplus in July narrowing by 25 percent to 3.151 billion euros ($4.316
Published 21 Sep, 2011 02:24pm
LPG prices decrease by Rs11 per Kg
Top News

LPG prices decrease by Rs11 per Kg

ISLAMABAD : Oil and Gas Regularity Authority (OGRA) has decreased Liquified Petroleum Gas (LPG) prices by Rs11 per Kg.
Published 21 Sep, 2011 09:39am
COAS visits Artillery Centre Attock
Top News

COAS visits Artillery Centre Attock

RAWALPINDI : Chief of Army Staff (COAS) General Ashfaq Parvez Kayani visited Artillery Centre Attock Wednesday.
His
Published 21 Sep, 2011 09:39am
Three rockets fired in Quetta
Top News

Three rockets fired in Quetta

QUETTA : Three rockets were fired at a check-post from an unknown destination in the outskirts of Quetta on Wednesday.
Published 21 Sep, 2011 07:44am
Himalayan quake toll nears 100
Asia

Himalayan quake toll nears 100

MANGAN: The death toll from the weekend earthquake in the Himalayas neared 100 on Wednesday as officials warned it cou
Published 21 Sep, 2011 07:38am
Tokyo stocks close up 0.23pc
Financial

Tokyo stocks close up 0.23pc

TOKYO: Tokyo stocks closed 0.23 percent higher on Wednesday helped by broad-based gains on other Asian bourses, with p
Published 21 Sep, 2011 07:08am
Date for ST, FED returns extended

Date for ST, FED returns extended

The Federal Board of Revenue has extended the date for filing of sales tax/federal excise returns upto September 26, 2011, for the tax period July and August 2011. In this connection, the FBR has issued instructions to all Chief Commissioners of LTUs and
Published 21 Sep, 2011 12:00am
Date for ST, FED returns extended

Date for ST, FED returns extended

The Federal Board of Revenue has extended the date for filing of sales tax/federal excise returns upto September 26, 2011, for the tax period July and August 2011. In this connection, the FBR has issued instructions to all Chief Commissioners of LTUs and
Published 21 Sep, 2011 12:00am
Date for ST, FED returns extended

Date for ST, FED returns extended

The Federal Board of Revenue has extended the date for filing of sales tax/federal excise returns upto September 26, 2011, for the tax period July and August 2011. In this connection, the FBR has issued instructions to all Chief Commissioners of LTUs and
Published 21 Sep, 2011 12:00am
Mir Murtaza's death anniversary observed

Mir Murtaza's death anniversary observed

Pakistan Peoples Party (PPP) and Pakistan Peoples Party (Shaheed Bhutto group) separately observed the 15th death anniversary of founder chairman of PPP (Shaheed Bhutto) Shaheed Mir Murtaza Bhutto on Tuesday at Garhi Khuda Bakhsh Bhutto and Naudero, distr
Published 21 Sep, 2011 12:00am
MoI&P strongly opposes tariff cut down to 10 percent

MoI&P strongly opposes tariff cut down to 10 percent

The Ministry of Industries and Production has strongly opposed the proposal of bringing all customs tariff down to a maximum ad valorem rate of 10 percent, as a general uniform rate of zero percent customs tariff to 10 percent would increase trade deficit
Published 21 Sep, 2011 12:00am
Dengue fever may intensify as WHO-certified insecticides yet to arrive

Dengue fever may intensify as WHO-certified insecticides yet to arrive

The dengue fever may spread more intensely in coming few days, as World Health Organisation (WHO) pre-qualified insecticides would take another 10-15 days to reach Pakistan. Well-placed sources told Business Recorder on Tuesday that once the dengue
Published 21 Sep, 2011 12:00am
Contact Group approves coordination plan for dengue control

Contact Group approves coordination plan for dengue control

The Contact Group on Dengue Control here on Tuesday approved a 'Co-ordination Plan for Dengue Control'. The Contact Group on Dengue Control with an active involvement of provincial representatives was constituted as per the recommendations of a joint cons
Published 21 Sep, 2011 12:00am
Four more people die from dengue in Lahore

Four more people die from dengue in Lahore

Dengue epidemic continues to play havoc, as four more people reportedly died due to this deadly virus, while as many as 1100 more people have been tested positive during the last 24 hours. Those died have been identified as Javed Iqbal, Khalil, Javed and
Published 21 Sep, 2011 12:00am
Supreme Court expresses dissatisfaction with police reports

Supreme Court expresses dissatisfaction with police reports

A two-member bench of Supreme Court comprising Justice Anwar Zaheer Jamali and Justice Sarmad Jalal Osmani Tuesday expressed dissatisfaction over the reports submitted by Karachi police in compliance with interim order in suo motu case on law and order si
Published 21 Sep, 2011 12:00am
KBP decides to launch mass movement against government

KBP decides to launch mass movement against government

Kisan Board Pakistan (KBP) has decided to launch an effective mass movement to press the government for solution to the problems being faced by the growers in general and farmers and people of the flood-hit areas in particular.
Published 21 Sep, 2011 12:00am
Supreme Court should ban parties having militant wings, says Nawaz

Supreme Court should ban parties having militant wings, says Nawaz

Pakistan Muslim League-Nawaz (PML-N) Chief Nawaz Sharif said that the Supreme Court (SC) should ban political parties having militant wings from participating in elections. While talking to the media after a meeting with the industrialists here on Tuesday
Published 21 Sep, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 21 Sep, 2011 12:00am
DCO's warning to private schools

DCO's warning to private schools

DCO Lahore Ahad Khan Cheema has on Tuesday warned that those private schools failed to carry out spray against dengue virus will remain closed for further 10 days. He maintained that only those schools will be permitted to reopen that have obtained a spra
Published 21 Sep, 2011 12:00am
Irregularity in appointment: reply from LDA by September 26 sought

Irregularity in appointment: reply from LDA by September 26 sought

Lahore High Court here Tuesday issued notice to the director general Lahore Development Authority (LDA) for September 26, restraining it from making further appointments on the post of assistant director (legal). The petitioner, a candidate Sohail Mushtaq
Published 21 Sep, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 21 Sep, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Sep, 2011 12:00am
Torture on two students: LHC CJ takes suo motu notice

Torture on two students: LHC CJ takes suo motu notice

The Lahore High Court Chief Justice Ijaz Ahmad Chaudhry here Tuesday took suo motu notice against brutal torture on two students of Bahaudin Zikriya University Multan by activists of a student union. The Chief Justice directed Multan sessions judge to hol
Published 21 Sep, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Sep, 2011 12:00am
FBR asked to extend tax-filing deadline

FBR asked to extend tax-filing deadline

Lahore Chamber of Commerce and Industry has demanded of the Federal Board of Revenue (FBR) to extend date for the filing of income tax return keeping in view the dengue onslaught and devastating flood in Sindh and other parts of the country.
Published 21 Sep, 2011 12:00am
5,000 women to be trained by ILO in Pakistan

5,000 women to be trained by ILO in Pakistan

The International Labour Organisation (ILO) in collaboration with Canadian International Development Agency will train 5000 women in Pakistan with a view to strengthen national mechanism to promote equal employment opportunities for women and to enhance s
Published 21 Sep, 2011 12:00am
Profit after tax of FCC increases to Rs 425.661 million

Profit after tax of FCC increases to Rs 425.661 million

The profit after tax of Fauji Cement Company Limited has increased to Rs 425.661 million in the year ended June 30, 2011 (FY11) as compared to Rs 250.179 million earned in FY10. The company's earning per share (basic) increased to Re 0.52 in the period un
Published 21 Sep, 2011 12:00am
The Weather

The Weather

The weather report on Tuesday (September 20, 2011) and the forecast for Wednesday (September 21, 2011).

Published 21 Sep, 2011 12:00am
Bungling in relief goods: PPP leader resigns in protest

Bungling in relief goods: PPP leader resigns in protest

Former president of Peoples Hari Committee, Umerkot district and former Naib Nazim of Samaro town Pir Waliullah Jan Sarhandi on Tuesday announced resigning from basic membership of PPP as a protest against massive irregularities and misappropriation in re
Published 21 Sep, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 20, 2011).

Published 21 Sep, 2011 12:00am
Chhipa team returns after flood relief works

Chhipa team returns after flood relief works

A team of volunteers assigned to carry out relief activities in flood-affected areas of Sindh has returned to the city. The team had visited Badin, Mirpurkhas, Sanghar, Thatta and other areas that have been inundated with the devastating floods.
Published 21 Sep, 2011 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 21 Sep, 2011 12:00am
Dry weather expected in most parts of the country

Dry weather expected in most parts of the country

The Met Office on Tuesday said that dry weather was expected to remain in most parts of the country in the next 24 hours. It says that westerly wave is moving across Kashmir and the adjoining area, saying the country weather condition is likely to remain
Published 21 Sep, 2011 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 21 Sep, 2011 12:00am
Zardari may inaugurate Islamkot airport near Thar coal

Zardari may inaugurate Islamkot airport near Thar coal

President Asif Ali Zardari is likely to inaugurate the Islamkot International Airport in the last week of September or in the first week of October 2011, sources told Business Recorder on Tuesday. The President, who came directly from London to Kar
Published 21 Sep, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 20, 2011).

Published 21 Sep, 2011 12:00am
Customs DEC seizes 2.5kg of heroin

Customs DEC seizes 2.5kg of heroin

Pakistan Customs Drug Enforcement Cell - DEC, Karachi Airport Unit recovered and seized two and half kilogram (2.5-kg) fine quality Heroin from a handbag at Jinnah International Airport. According to details, Customs DEC staff in pursuance of a secret tip
Published 21 Sep, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (September 20, 2011) and for Wednesday (September 21, 2011).
Published 21 Sep, 2011 12:00am
'Nawaz received funds from Osama to topple Benazir government'

'Nawaz received funds from Osama to topple Benazir government'

Sindh Information Minister Sharjil Memon on Tuesday alleged that Nawaz Sharif received funds from Taliban and Osama bin Ladin to topple the democratic government of Benazir Bhutto. The minister said that Nawaz was playing politics over the issue of rains
Published 21 Sep, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 20, 2011).

Published 21 Sep, 2011 12:00am
Robberies at gun point in broad daylight on the rise

Robberies at gun point in broad daylight on the rise

The incidents of snatching trucks loaded with industrial goods at gun point have assumed alarming proportion in the city. A truck, loaded with 380 bags of plastic moulding compound, while in transit from an Site godown to the factory of Mian Nazir Sons In
Published 21 Sep, 2011 12:00am
Sindh floods: sharp fall in sale of artificial jewellery witnessed

Sindh floods: sharp fall in sale of artificial jewellery witnessed

Floods have caused a sharp fall in sale of artificial jewellery as demand from upper Sindh has dropped considerably, artificial jewellery dealers said. Rural areas account for 60 per cent demand of artificial jewellery and for purchasing of artificial jew
Published 21 Sep, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (September 20, 2011).

Published 21 Sep, 2011 12:00am
Sitara Peroxide posts profit after tax

Sitara Peroxide posts profit after tax

Sitara Peroxide Limited has posted Rs 166.251 million as profit after tax in the year ended June 30, 2011 (FY11) as compared to after tax loss of Rs 179.145 million recorded in FY10. The board of directors of the company in its meeting held on September 1
Published 21 Sep, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 20, 2011).

Published 21 Sep, 2011 12:00am
Sitara Peroxide posts profit after tax

Sitara Peroxide posts profit after tax

Sitara Peroxide Limited has posted Rs 166.251 million as profit after tax in the year ended June 30, 2011 (FY11) as compared to after tax loss of Rs 179.145 million recorded in FY10. The board of directors of the company in its meeting held on September 1
Published 21 Sep, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 20, 2011).

Published 21 Sep, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (September 20, 2011).

Published 21 Sep, 2011 12:00am
Electrical equipment makers: CCP to issue show-cause notices

Electrical equipment makers: CCP to issue show-cause notices

The Chairperson of Competition Commission of Pakistan (CCP), Rahat Kaunain Hassan, said on Tuesday that the Commission would shortly issue show-cause notices to Pakistan Electric Power Equipment Manufacturers Association (PEMA) and its 22 members who have
Published 21 Sep, 2011 12:00am
'WAPDA developing indigenous water and hydro-power resources'

'WAPDA developing indigenous water and hydro-power resources'

WAPDA has stepped up its efforts to develop the indigenous water and hydro-power resources to meet increasing water and electricity needs of the nation, WAPDA Member (Power) Muhammad Qasim Khan said here on Tuesday.
Published 21 Sep, 2011 12:00am
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