BR100 Decreased By (-0.23%)
BR30 Decreased By (-0.01%)
KSE100 Decreased By (-0.19%)
KSE30 Decreased By (-0.24%)
AGHA 7.74 Increased By ▲ 0.05 (0.65%)
BECO 5.29 Decreased By ▼ -0.02 (-0.38%)
BML 60.01 Decreased By ▼ -1.22 (-1.99%)
BOP 36.46 Increased By ▲ 0.46 (1.28%)
CNERGY 11.94 Increased By ▲ 0.69 (6.13%)
CSIL 6.17 No Change ▼ 0.00 (0%)
FCCL 57.36 Increased By ▲ 0.48 (0.84%)
FFL 16.58 Increased By ▲ 0.07 (0.42%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.32 Decreased By ▼ -0.10 (-1.35%)
KOSM 6.05 No Change ▼ 0.00 (0%)
LOTCHEM 27.14 Decreased By ▼ -0.06 (-0.22%)
MLCF 102.07 Decreased By ▼ -1.02 (-0.99%)
NBP 206.35 Decreased By ▼ -1.28 (-0.62%)
NCPL 62.62 Increased By ▲ 0.70 (1.13%)
NPL 71.98 Decreased By ▼ -0.20 (-0.28%)
OGDC 319.19 Increased By ▲ 0.70 (0.22%)
PACE 11.38 Increased By ▲ 0.32 (2.89%)
PAEL 43.88 Decreased By ▼ -0.50 (-1.13%)
PIBTL 16.84 Decreased By ▼ -0.06 (-0.36%)
PPL 221.55 Decreased By ▼ -0.93 (-0.42%)
PRL 63.75 Decreased By ▼ -0.06 (-0.09%)
PTC 72.41 Decreased By ▼ -0.75 (-1.03%)
SSGC 27.28 Increased By ▲ 0.03 (0.11%)
TBL 9.86 Decreased By ▼ -0.02 (-0.2%)
TELE 8.62 Decreased By ▼ -0.19 (-2.16%)
TPL 20.68 Increased By ▲ 0.34 (1.67%)
TPLP 14.98 Increased By ▲ 0.01 (0.07%)
TREET 24.10 No Change ▼ 0.00 (0%)
TRG 63.29 Increased By ▲ 0.92 (1.48%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Archive - 2011-09-25
Goldman issues $151mn bond
Financial

Goldman issues $151mn bond

JOHANNESBURG : Goldman Sachs said on Sunday it had issued a 1.25 billion-rand ($151 million) five-year floating rate bon
Published 25 Sep, 2011 05:28pm
EU offer credit to boost Greek economy
Top News

EU offer credit to boost Greek economy

BERLIN: The European Union wants to mobilise structural funds as guarantees for struggling Greek banks to help stimulate
Published 25 Sep, 2011 05:10pm
Berlusconi rejects call to quit
Europe

Berlusconi rejects call to quit

ROME : Italy 's Prime Minister Silvio Berlusconi on Sunday rejected opposition and lobby groups' calls for the governme
Published 25 Sep, 2011 04:21pm
King Abdullah gives women right to vote
Top News

King Abdullah gives women right to vote

RIYADH : King Abdullah announced on Sunday he was giving women the right to vote and run in municipal elections, the onl
Published 25 Sep, 2011 12:10pm
Afghanistan to probe Rabbani killing
Top News

Afghanistan to probe Rabbani killing

KABUL: Afghan President Hamid Karzai Sunday appointed a team to investigate the assassination of peace envoy Burhanuddin
Published 25 Sep, 2011 11:55am
South Korea to invest $15mn in TSML
Top News

South Korea to invest $15mn in TSML

ISLAMABAD : Engineering Development Board (EDB) has successfully facilitated South Korean manufacturer of Iron and Steel
Published 25 Sep, 2011 11:16am
Blasts kill at least 12 in Kerbala
Top News

Blasts kill at least 12 in Kerbala

KERBALA: At least two blasts killed 12 people and wounded 30 more in the southern Iraqi city of Kerbala, police said on
Published 25 Sep, 2011 07:49am
BRICS struggle again to act together
Top News

BRICS struggle again to act together

WASHINGTON: A group of five leading emerging economies that has banded together to increase their global clout is again
Published 25 Sep, 2011 07:15am
Asian sugar: inquiries emerge as futures tumble; Indian whites slip

Asian sugar: inquiries emerge as futures tumble; Indian whites slip

Fresh inquires emerged after New York sugar futures dropped to their weakest since June on fears of a global recession, while Indian whites weakened as competition from Brazil intensified, dealers said on Friday. Asian stocks slid to a 16-month low and em
Published 25 Sep, 2011 12:00am
High-flying gold crashes over $100

High-flying gold crashes over $100

Gold crashed more than $100 on Friday as a slide turned into a free fall, with weeks of volatility, renewed strength in the dollar and talk of hedge fund liquidation wrecking its safe-haven status. The sell-off came even after relative calm was restored t
Published 25 Sep, 2011 12:00am
Many changes seen in gram prices on grain market

Many changes seen in gram prices on grain market

Most of the changes were seen in the grams prices on the wholesale grain market on Saturday in the process of trading, dealers said. On the grams side grams Australia No 1 low type was lower by Rs 200 to Rs 5000-5200, grams Australia dal No 1 low type was
Published 25 Sep, 2011 12:00am
Canadian canola futures hit 10-month low

Canadian canola futures hit 10-month low

ICE Canadian canola futures tripped on Friday to a 10-month low, as commercial buyers sold hedges before the weekend and soybeans slumped on concerns about a global recession. Nearby canola posted a weekly loss of 3.7 percent, its third straight decline.
Published 25 Sep, 2011 12:00am
US Plains HRW wheat bids steady

US Plains HRW wheat bids steady

Hard red winter wheat basis bids were steady on Friday as a devastating drought persisted in parts of the US Plains, hampering winter wheat seeding expectations. There was no near-term drought relief forecast, an agricultural meteorologist said on Friday.
Published 25 Sep, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 30,317 tonnes of cargo including 13,969 tonnes of import cargo and 16,348 tonnes of export cargo during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 13,969 tonnes comprised of 8,137 tonnes of containeri
Published 25 Sep, 2011 12:00am
Soya export premiums firm at US Gulf Coast

Soya export premiums firm at US Gulf Coast

Soyabean export premiums were steady to firm at the US Gulf Coast on Friday as sharply lower futures spurred a bounce in demand from top buyer China, traders said. USDA early Friday announced a sale of 126,000 tonnes of US soyabeans to China for delivery
Published 25 Sep, 2011 12:00am
US wheat prices rise as drought fears mount

US wheat prices rise as drought fears mount

; US wheat prices rose on Friday, clawing back from some of their steep losses this week on concerns about drought in key winter wheat growing areas and technical buying. Corn also gained strength, but soybeans continued their slide toward their biggest w
Published 25 Sep, 2011 12:00am
US Midwest corn, soya bids mostly steady

US Midwest corn, soya bids mostly steady

Corn and soya cash grain bids held mostly steady on Friday at US Midwest elevators and processors weeks ahead of harvest, dealers said. Farmer sales remained non-existent on Friday as both CBOT soya and corn futures values closed lower pressured by econom
Published 25 Sep, 2011 12:00am
EU still set for big maize crop as harvest begins

EU still set for big maize crop as harvest begins

The European Union remains on course for a big maize crop this year as harvesting gets under way in major producing countries, although summer heat in the south-east of the bloc may limit yield gains, analysts and traders said. Maize crops in western Euro
Published 25 Sep, 2011 12:00am
Argentine farmers set to increase corn plantings

Argentine farmers set to increase corn plantings

Argentine farmers look set to increase corn plantings by 6.5 percent this season, the government said on Friday as early seeding gathers pace in areas where soils are moist enough. Argentina, the world's second-largest corn supplier after the United State
Published 25 Sep, 2011 12:00am
Oil cake market rates

Oil cake market rates

The December vaida was down and January contract was unchanged on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The December contract that had ended at Rs 1314.00 commenced with a fall of 40 paisa at Rs 1313.60. Th
Published 25 Sep, 2011 12:00am
Chemical items mixed on Jodia Bazaar

Chemical items mixed on Jodia Bazaar

The trading in chemical items closed mixed on Jodia Bazaar here on Saturday. The following variations were noted.
Published 25 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 25 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 25 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 Saturday (September 24, 2011).

Published 25 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 Saturday (September 24, 2011).

Published 25 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 Saturday (September 24, 2011).

Published 25 Sep, 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 Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (September 24, 2011).
Published 25 Sep, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Saturday (September 24, 2011).
Published 25 Sep, 2011 12:00am
Kishanganga/Neelum River: Arbitration court's ruling against India

Kishanganga/Neelum River: Arbitration court's ruling against India

The Court of Arbitration has unanimously ruled that India shall not proceed with the construction of any permanent works on or above the Kishanganga/Neelum River bed at the Gurez site that may inhibit the restoration of the flow of the river to its natura
Published 25 Sep, 2011 12:00am
Kishanganga/Neelum River: Arbitration court's ruling against India

Kishanganga/Neelum River: Arbitration court's ruling against India

The Court of Arbitration has unanimously ruled that India shall not proceed with the construction of any permanent works on or above the Kishanganga/Neelum River bed at the Gurez site that may inhibit the restoration of the flow of the river to its natura
Published 25 Sep, 2011 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

The rupee was under pressure against dollar on the currency market on Saturday in process of trading, dealers said. The rupee followed the same pattern, losing nine paisa versus dollar for buying at 87.60 and shed four paisa for selling at 87.65, they add
Published 25 Sep, 2011 12:00am
Kishanganga/Neelum River: Arbitration court''s ruling against India

Kishanganga/Neelum River: Arbitration court''s ruling against India

The Court of Arbitration has unanimously ruled that India shall not proceed with the construction of any permanent works on or above the Kishanganga/Neelum River bed at the Gurez site that may inhibit the restoration of the flow of the river to its natura
Published 25 Sep, 2011 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

The rupee was under pressure against dollar on the currency market on Saturday in process of trading, dealers said. The rupee followed the same pattern, losing nine paisa versus dollar for buying at 87.60 and shed four paisa for selling at 87.65, they add
Published 25 Sep, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
Putin set to return as Russian president

Putin set to return as Russian president

Russian President Dmitry Medvedev on Saturday announced he will step aside in 2012 polls and backed Prime Minister Vladimir Putin to return to the Kremlin for a new stint that could last until 2024. Ending months of uncertainty over which of the men would
Published 25 Sep, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
Putin set to return as Russian president

Putin set to return as Russian president

Russian President Dmitry Medvedev on Saturday announced he will step aside in 2012 polls and backed Prime Minister Vladimir Putin to return to the Kremlin for a new stint that could last until 2024. Ending months of uncertainty over which of the men would
Published 25 Sep, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
US, China pressure Europe, warn of cascading default

US, China pressure Europe, warn of cascading default

The United States and China piled pressure on Europe on Saturday to get to grips with its debt crisis before it risks causing bank runs and pushing the global economy into ruinous recession. The US Treasury chief, in his most explicit warning to date abou
Published 25 Sep, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
US, China pressure Europe, warn of cascading default

US, China pressure Europe, warn of cascading default

The United States and China piled pressure on Europe on Saturday to get to grips with its debt crisis before it risks causing bank runs and pushing the global economy into ruinous recession. The US Treasury chief, in his most explicit warning to date abou
Published 25 Sep, 2011 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
US, China pressure Europe, warn of cascading default

US, China pressure Europe, warn of cascading default

The United States and China piled pressure on Europe on Saturday to get to grips with its debt crisis before it risks causing bank runs and pushing the global economy into ruinous recession. The US Treasury chief, in his most explicit warning to date abou
Published 25 Sep, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
IMF resources weak for potential crisis needs: Lagarde

IMF resources weak for potential crisis needs: Lagarde

The International Monetary Fund's financial resources would not be enough to meet potential crisis needs, IMF chief Christine Lagarde said Saturday. "Our lending capacity of almost $400 billion looks comfortable today but pales in comparison with the pote
Published 25 Sep, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
IMF resources weak for potential crisis needs: Lagarde

IMF resources weak for potential crisis needs: Lagarde

The International Monetary Fund's financial resources would not be enough to meet potential crisis needs, IMF chief Christine Lagarde said Saturday. "Our lending capacity of almost $400 billion looks comfortable today but pales in comparison with the pote
Published 25 Sep, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
IMF resources weak for potential crisis needs: Lagarde

IMF resources weak for potential crisis needs: Lagarde

The International Monetary Fund''s financial resources would not be enough to meet potential crisis needs, IMF chief Christine Lagarde said Saturday. "Our lending capacity of almost $400 billion looks comfortable today but pales in comparison with the pot
Published 25 Sep, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
UBS CEO quits, accepts blame for trading scandal

UBS CEO quits, accepts blame for trading scandal

Swiss bank UBS's Chief Executive Oswald Gruebel resigned on Saturday, shouldering the blame after its scandal-hit investment banking business lost $2.3 billion in alleged rogue trading. The bank, which said it would beef up risk controls under an accelera
Published 25 Sep, 2011 12:00am
UBS CEO quits, accepts blame for trading scandal

UBS CEO quits, accepts blame for trading scandal

Swiss bank UBS's Chief Executive Oswald Gruebel resigned on Saturday, shouldering the blame after its scandal-hit investment banking business lost $2.3 billion in alleged rogue trading. The bank, which said it would beef up risk controls under an accelera
Published 25 Sep, 2011 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
UBS CEO quits, accepts blame for trading scandal

UBS CEO quits, accepts blame for trading scandal

Swiss bank UBS''s Chief Executive Oswald Gruebel resigned on Saturday, shouldering the blame after its scandal-hit investment banking business lost $2.3 billion in alleged rogue trading. The bank, which said it would beef up risk controls under an acceler
Published 25 Sep, 2011 12:00am
Repayments to IMF to be made as per schedule

Repayments to IMF to be made as per schedule

Pakistan has to repay to the International Monetary Fund (IMF) as per schedule. Sources told Business Recorder here on Saturday that the timing of repayments to the IMF is fixed and does not change. "Currently, all scheduled repayments of Pakistan
Published 25 Sep, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
Repayments to IMF to be made as per schedule

Repayments to IMF to be made as per schedule

Pakistan has to repay to the International Monetary Fund (IMF) as per schedule. Sources told Business Recorder here on Saturday that the timing of repayments to the IMF is fixed and does not change. "Currently, all scheduled repayments of Pakistan
Published 25 Sep, 2011 12:00am
Repayments to IMF to be made as per schedule

Repayments to IMF to be made as per schedule

Pakistan has to repay to the International Monetary Fund (IMF) as per schedule. Sources told Business Recorder here on Saturday that the timing of repayments to the IMF is fixed and does not change. "Currently, all scheduled repayments of Pakistan
Published 25 Sep, 2011 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (September 24, 2011) and for Sunday (September 25, 2011).
Published 25 Sep, 2011 12:00am
2007 electoral rolls: 37.18 million unverified voters removed

2007 electoral rolls: 37.18 million unverified voters removed

The Election Commission of Pakistan (ECP) has removed 37.18 million unverified voters from Final Electoral Rolls-2007 (FER-2007) after checking 81.213 million registered voters, ECP stated. Similarly, in place of 37.18 million unverified voters deleted fr
Published 25 Sep, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
2007 electoral rolls: 37.18 million unverified voters removed

2007 electoral rolls: 37.18 million unverified voters removed

The Election Commission of Pakistan (ECP) has removed 37.18 million unverified voters from Final Electoral Rolls-2007 (FER-2007) after checking 81.213 million registered voters, ECP stated. Similarly, in place of 37.18 million unverified voters deleted fr
Published 25 Sep, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
China, Britain assure support

China, Britain assure support

China and Britain on Saturday expressed their support for Pakistan's economic development as Finance Minister Abdul Hafeez Shaikh discussed co-operation with leaders of the two countries here on the sidelines of IMF-World Bank meetings. Chinese Finance Mi
Published 25 Sep, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (September 24, 2011).

Published 25 Sep, 2011 12:00am
China, Britain assure support

China, Britain assure support

China and Britain on Saturday expressed their support for Pakistan's economic development as Finance Minister Abdul Hafeez Shaikh discussed co-operation with leaders of the two countries here on the sidelines of IMF-World Bank meetings. Chinese Finance Mi
Published 25 Sep, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (September 24, 2011) and the forecast for Sunday (September 25, 2011).

Published 25 Sep, 2011 12:00am
China, Britain assure support

China, Britain assure support

China and Britain on Saturday expressed their support for Pakistan''s economic development as Finance Minister Abdul Hafeez Shaikh discussed co-operation with leaders of the two countries here on the sidelines of IMF-World Bank meetings. Chinese Finance M
Published 25 Sep, 2011 12:00am
Nepra moved to increase power tariff by Rs 3.06 per unit

Nepra moved to increase power tariff by Rs 3.06 per unit

The Central Power Purchasing Agency (CPPA) on Saturday moved National Electric Power Regulatory Authority (Nepra) to raise power tariffs by Rs 3.06 per unit or 38 percent. The application to jack up power tariffs lodged with Nepra suggests that the higher
Published 25 Sep, 2011 12:00am
Nepra moved to increase power tariff by Rs 3.06 per unit

Nepra moved to increase power tariff by Rs 3.06 per unit

The Central Power Purchasing Agency (CPPA) on Saturday moved National Electric Power Regulatory Authority (Nepra) to raise power tariffs by Rs 3.06 per unit or 38 percent. The application to jack up power tariffs lodged with Nepra suggests that the higher
Published 25 Sep, 2011 12:00am
Nepra moved to increase power tariff by Rs 3.06 per unit

Nepra moved to increase power tariff by Rs 3.06 per unit

The Central Power Purchasing Agency (CPPA) on Saturday moved National Electric Power Regulatory Authority (Nepra) to raise power tariffs by Rs 3.06 per unit or 38 percent. The application to jack up power tariffs lodged with Nepra suggests that the higher
Published 25 Sep, 2011 12:00am
US looks for 'links' between Kabul, Mumbai attacks

US looks for 'links' between Kabul, Mumbai attacks

US agencies are looking into possible similarities between the September 13 attacks on US and Nato targets in Afghanistan, and the November 2008 attack by militants on civilian targets in Mumbai, India. Current and former US counterterrorism officials tol
Published 25 Sep, 2011 12:00am
US looks for 'links' between Kabul, Mumbai attacks

US looks for 'links' between Kabul, Mumbai attacks

US agencies are looking into possible similarities between the September 13 attacks on US and Nato targets in Afghanistan, and the November 2008 attack by militants on civilian targets in Mumbai, India. Current and former US counterterrorism officials tol
Published 25 Sep, 2011 12:00am
Singling out Pakistan is not fair: Prime Minister

Singling out Pakistan is not fair: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Saturday assailed US propaganda blitz against Pakistan, describing it "most unfortunate," adding that several countries have maintained direct contacts with the Haqqanis so singling out Pakistan was not fair.
Published 25 Sep, 2011 12:00am
Singling out Pakistan is not fair: Prime Minister

Singling out Pakistan is not fair: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Saturday assailed US propaganda blitz against Pakistan, describing it "most unfortunate," adding that several countries have maintained direct contacts with the Haqqanis so singling out Pakistan was not fair.
Published 25 Sep, 2011 12:00am
Kayani, Mattis discuss military relations

Kayani, Mattis discuss military relations

Top US military commander General James Mattis met with Chief of Army Staff General Ashfaq Parvez Kayani on Saturday and discussed military relations between the two countries. The security situation in North Waziristan and on the Pak-Afghan border also c
Published 25 Sep, 2011 12:00am
Kayani, Mattis discuss military relations

Kayani, Mattis discuss military relations

Top US military commander General James Mattis met with Chief of Army Staff General Ashfaq Parvez Kayani on Saturday and discussed military relations between the two countries. The security situation in North Waziristan and on the Pak-Afghan border also c
Published 25 Sep, 2011 12:00am
Army has contacts with Haqqani network: ISPR

Army has contacts with Haqqani network: ISPR

Director General Inter Services Public Relations (ISPR) Major General Athar Abbas has said that Pakistan Army has contacts with Haqqani network but this does not mean it supports Haqqani network. Talking to an American TV channel, the ISPR spokesman said
Published 25 Sep, 2011 12:00am
Army has contacts with Haqqani network: ISPR

Army has contacts with Haqqani network: ISPR

Director General Inter Services Public Relations (ISPR) Major General Athar Abbas has said that Pakistan Army has contacts with Haqqani network but this does not mean it supports Haqqani network. Talking to an American TV channel, the ISPR spokesman said
Published 25 Sep, 2011 12:00am
Growth target may be scaled down to 3.5 percent

Growth target may be scaled down to 3.5 percent

The government may have to revise downward 2011-12 GDP growth projection from 4.2 per to 3.5 percent following an estimated loss of 2.5 million cotton bales in Sindh by recent floods, it is learnt. Sources told Business Recorder that an initial ass
Published 25 Sep, 2011 12:00am
Growth target may be scaled down to 3.5 percent

Growth target may be scaled down to 3.5 percent

The government may have to revise downward 2011-12 GDP growth projection from 4.2 per to 3.5 percent following an estimated loss of 2.5 million cotton bales in Sindh by recent floods, it is learnt. Sources told Business Recorder that an initial ass
Published 25 Sep, 2011 12:00am
Growth target may be scaled down to 3.5 percent

Growth target may be scaled down to 3.5 percent

The government may have to revise downward 2011-12 GDP growth projection from 4.2 per to 3.5 percent following an estimated loss of 2.5 million cotton bales in Sindh by recent floods, it is learnt. Sources told Business Recorder that an initial ass
Published 25 Sep, 2011 12:00am
Gunfight kills 15 militants

Gunfight kills 15 militants

At least 15 militants were killed Saturday in a gunfight with troops in Lower Dir, security officials said. The day-long gunbattle near Kharkai hills, in the Lower Dir district of the once Taliban-infested Swat Valley, started when troops were approaching
Published 25 Sep, 2011 12:00am
Gunfight kills 15 militants

Gunfight kills 15 militants

At least 15 militants were killed Saturday in a gunfight with troops in Lower Dir, security officials said. The day-long gunbattle near Kharkai hills, in the Lower Dir district of the once Taliban-infested Swat Valley, started when troops were approaching
Published 25 Sep, 2011 12:00am
Gold price further declines

Gold price further declines

The gold price on Saturday continued to nosedive by Rs 1500 per tola to Rs 57, 000 after the global market prices slumped by $54 an ounce, traders said. The price of gold per 10 grams receded by Rs 1585 to Rs 48, 857 on the local market. On the internatio
Published 25 Sep, 2011 12:00am
Gold price further declines

Gold price further declines

The gold price on Saturday continued to nosedive by Rs 1500 per tola to Rs 57, 000 after the global market prices slumped by $54 an ounce, traders said. The price of gold per 10 grams receded by Rs 1585 to Rs 48, 857 on the local market. On the internatio
Published 25 Sep, 2011 12:00am
Gold price further declines

Gold price further declines

The gold price on Saturday continued to nosedive by Rs 1500 per tola to Rs 57, 000 after the global market prices slumped by $54 an ounce, traders said. The price of gold per 10 grams receded by Rs 1585 to Rs 48, 857 on the local market. On the internatio
Published 25 Sep, 2011 12:00am
One million new jobs needed each month in Saudi Asia: World Bank

One million new jobs needed each month in Saudi Asia: World Bank

South Asia has seen an accelerated job growth and a substantial decrease in poverty over the past three decades, second only to East Asia. The region will be the largest contributor to the global workforce over the next two decades. More and better jobs a
Published 25 Sep, 2011 12:00am
One million new jobs needed each month in Saudi Asia: World Bank

One million new jobs needed each month in Saudi Asia: World Bank

South Asia has seen an accelerated job growth and a substantial decrease in poverty over the past three decades, second only to East Asia. The region will be the largest contributor to the global workforce over the next two decades. More and better jobs a
Published 25 Sep, 2011 12:00am
One million new jobs needed each month in Saudi Asia: World Bank

One million new jobs needed each month in Saudi Asia: World Bank

South Asia has seen an accelerated job growth and a substantial decrease in poverty over the past three decades, second only to East Asia. The region will be the largest contributor to the global workforce over the next two decades. More and better jobs a
Published 25 Sep, 2011 12:00am
Egypt military ruler testifies in Mubarak trial

Egypt military ruler testifies in Mubarak trial

Egypt's ruling military council head testified in the trial of Hosni Mubarak on Saturday in a hearing that could decide the fate of the ex-president accused of responsibility for the deaths of hundreds of demonstrators earlier this year. Lawyers represent
Published 25 Sep, 2011 12:00am
Egypt military ruler testifies in Mubarak trial

Egypt military ruler testifies in Mubarak trial

Egypt's ruling military council head testified in the trial of Hosni Mubarak on Saturday in a hearing that could decide the fate of the ex-president accused of responsibility for the deaths of hundreds of demonstrators earlier this year. Lawyers represent
Published 25 Sep, 2011 12:00am
Turkey seizes Syrian ship, announces arms embargo

Turkey seizes Syrian ship, announces arms embargo

Turkey has seized a Syrian-flagged ship and will intercept any arms shipments headed to Syria, Prime Minister Tayyip Erdogan said late on Friday, a response to Damascus' bloody crackdown on anti-government protesters. Speaking to reporters in New York lat
Published 25 Sep, 2011 12:00am
Turkey seizes Syrian ship, announces arms embargo

Turkey seizes Syrian ship, announces arms embargo

Turkey has seized a Syrian-flagged ship and will intercept any arms shipments headed to Syria, Prime Minister Tayyip Erdogan said late on Friday, a response to Damascus' bloody crackdown on anti-government protesters. Speaking to reporters in New York lat
Published 25 Sep, 2011 12:00am
ATTA not acceptable to Khyber Pakhtunkhwa government: Hoti

ATTA not acceptable to Khyber Pakhtunkhwa government: Hoti

Khyber Pakhtunkhwa (KP) Chief Minister Ameer Haider Hoti has categorically said that the Afghan-Transit Trade Agreement (ATTA) is not acceptable at cost of single country, adding that the government wants to enhance trade with all neighbouring states, but
Published 25 Sep, 2011 12:00am
ATTA not acceptable to Khyber Pakhtunkhwa government: Hoti

ATTA not acceptable to Khyber Pakhtunkhwa government: Hoti

Khyber Pakhtunkhwa (KP) Chief Minister Ameer Haider Hoti has categorically said that the Afghan-Transit Trade Agreement (ATTA) is not acceptable at cost of single country, adding that the government wants to enhance trade with all neighbouring states, but
Published 25 Sep, 2011 12:00am
ATTA not acceptable to Khyber Pakhtunkhwa government: Hoti

ATTA not acceptable to Khyber Pakhtunkhwa government: Hoti

Khyber Pakhtunkhwa (KP) Chief Minister Ameer Haider Hoti has categorically said that the Afghan-Transit Trade Agreement (ATTA) is not acceptable at cost of single country, adding that the government wants to enhance trade with all neighbouring states, but
Published 25 Sep, 2011 12:00am
Sarkozy aide's wife confirms bagman allegations

Sarkozy aide's wife confirms bagman allegations

The wife of a former close aide of French President Nicolas Sarkozy repeated claims Saturday that her husband, charged in a damaging graft scandal, had returned from trips abroad with bags of cash. In media interviews Princess Helene of Yugoslavia, estran
Published 25 Sep, 2011 12:00am
Sarkozy aide's wife confirms bagman allegations

Sarkozy aide's wife confirms bagman allegations

The wife of a former close aide of French President Nicolas Sarkozy repeated claims Saturday that her husband, charged in a damaging graft scandal, had returned from trips abroad with bags of cash. In media interviews Princess Helene of Yugoslavia, estran
Published 25 Sep, 2011 12:00am
Pakistan edible oil imports may rise to two million tonnes

Pakistan edible oil imports may rise to two million tonnes

Pakistan could raise edible oil imports to 2 million tonnes in 2012, up 3.6 percent from 2010, as floods have adversely affected the cottonseed crop, a senior official at a trade body said on Saturday. Cottonseed oil supplies could fall by 5-10 percent to
Published 25 Sep, 2011 12:00am
Security tightened in Balochistan

Security tightened in Balochistan

Security has been tightened in Quetta and its adjacent areas on Saturday after the recent wave of targeted killings in Balochistan. Police sources informed newsmen that additional security measures have been adopted with deployment of heavy contingent of
Published 25 Sep, 2011 12:00am
Government urged to facilitate textile centre

Government urged to facilitate textile centre

Government of Pakistan has declared 2011 as textile year, hence the industrial sector should come forward with a renewed vigour to achieve its objectives, but government should also facilitate exporters and fulfil its commitment for the revival of the tex
Published 25 Sep, 2011 12:00am
PSO receives extortion threat

PSO receives extortion threat

Pakistan State Oil (PSO) has received a telephonic call of threat asking for Rs 220 million extortion. According to the sources in PSO, the company, which has been receiving terrorism threats for the last six months, has recently received a call of extort
Published 25 Sep, 2011 12:00am
Polio eradication Rotary's top priority

Polio eradication Rotary's top priority

Polio eradication has been Rotary's top priority for more than two decades. The international humanitarian service organisation is a spearheading partner in the Global Polio Eradication Initiative, along with the World Health Organisation, the US Centers
Published 25 Sep, 2011 12:00am
'Poor-quality fuel is one of major environmental hazards in Pakistan'

'Poor-quality fuel is one of major environmental hazards in Pakistan'

The poor-quality fuel, especially diesel is one of the major environmental hazards in Pakistan due to people's low incomes and limited access to high quality fuel like liquefied petroleum gas (LPG), natural gas or electricity. This was stated by CEO IMC,
Published 25 Sep, 2011 12:00am
Woman dies of dengue fever in Karachi

Woman dies of dengue fever in Karachi

A woman died from dengue fever, rising total number of dengue deaths to five in the city. Besides, some 21 patients were tested positive on Saturday. The Sindh dengue surveillance cell official told Business Recorder that the 34-year old housewife,
Published 25 Sep, 2011 12:00am
'All industrial towns of Sialkot should be exempted from power outages'

'All industrial towns of Sialkot should be exempted from power outages'

President Sialkot Chamber of Commerce and Industry (SCCI) Ghulam Mustafa Choudary has said all industrial towns of Sialkot should be exempted from electricity and gas loadshedding keeping in view the city's unique export culture. He was of the view that S
Published 25 Sep, 2011 12:00am
Cache of weapons recovered

Cache of weapons recovered

Sindh Rangers claimed to have recovered cache of weapons and hand grenades from an empty plot located in Surjani Town. According to sources, Sindh Rangers on a tipoff conducted raid at an empty plot located near 4-K Chowrangi Surjani Town and recovered hu
Published 25 Sep, 2011 12:00am
World Bank to provide $300 million for education

World Bank to provide $300 million for education

The World Bank (WB) will provide $300 million to support higher education programmes in Pakistan, officials said. An agreement was inked by Rashid bin Masood, WB Country Director and Secretary Economic Affairs Division Abdul Wajid Rana, who is here with t
Published 25 Sep, 2011 12:00am
'India will itself ask for Kashmir resolution'

'India will itself ask for Kashmir resolution'

President Azad Jammu and Kashmir Sardar Muhammad Yaqoob Khan has said that time is coming soon when India will itself ask for resolution of the Kashmir Issue after diplomatic efforts of the Pakistan Peoples Party government for resolving the issue accordi
Published 25 Sep, 2011 12:00am
Police beefs up security amid terrorist threat

Police beefs up security amid terrorist threat

Police beefed up security on a tipoff from the secret agencies regarding entry of two explosive-laden white colour vehicles in the city. Sources said here Saturday that intelligence agencies have communicated to the authorities concerned about the expecte
Published 25 Sep, 2011 12:00am
IHC benches

IHC benches

Chief Justice of Islamabad High Court (IHC) Iqbal Hameed-ur-Rehman has constituted three benches, including a divisional bench, to hear a number of cases starting from Monday, September 26. The first bench comprises the Chief Justice, second bench Justice
Published 25 Sep, 2011 12:00am
Law to curb dengue virus soon: Shahbaz

Law to curb dengue virus soon: Shahbaz

Punjab Chief Minister Shahbaz Sharif has said apart from ensuring cleanliness in streets, parks, houses and other places, the government will also make a new legislation in order to eradicate dengue virus from the province. He expressed these views while
Published 25 Sep, 2011 12:00am
Promotion of local art: KPK patronises artists' community, says minister

Promotion of local art: KPK patronises artists' community, says minister

Khyber-Pakhtunkhwa government, Minister for Information and Culture, said that the government would provide full protection to artists' community, saying that it has patronised the artists' community for promotion of local art in the province. The Ministe
Published 25 Sep, 2011 12:00am
Four Supreme Court benches constituted

Four Supreme Court benches constituted

Chief Justice Iftikhar Muhammad Chaudhry on Saturday constituted four benches of the Supreme Court for next week from September 26 (Monday) for hearing hundreds of cases at Islamabad.
Published 25 Sep, 2011 12:00am
US urged to allow duty-free access to Pakistani merchandise

US urged to allow duty-free access to Pakistani merchandise

Founder Chairman of Pak-USA Business Council and VP SAARC Chamber of Commerce and Industry, Pakistan Chapter Iftikhar Ali Malik has urged the US administration to allow duty free access to Pakistani merchandise. Talking to the new US Consul General in Lah
Published 25 Sep, 2011 12:00am
First CLF from today

First CLF from today

The first Children Literature Children Festival (CLF) is all set to be held on November 25 and 26 2011 at the Children's Library Complex (CLC) Lahore. This was announced by founders of CLF Ameena Saiyid Managing Director Oxford University Press and Head I
Published 25 Sep, 2011 12:00am
CDGK's seven schemes initiated again

CDGK's seven schemes initiated again

Works and Services department of City District Government Karachi (CDGK) has initiated seven schemes which were stopped two years back due to what CDGK concerned described shortage of funds. The work on these schemes has now been started with reallocation
Published 25 Sep, 2011 12:00am
Police busts 12 gangs of dacoits

Police busts 12 gangs of dacoits

Islamabad Police have busted 12 gangs of dacoits, drug pushers and prostitutes during the week and arrested 105 persons for their alleged involvement in different crimes, but street crime still remains a challenge for capital police.
Published 25 Sep, 2011 12:00am
Tariq elected Steel Rerolling Mills Association chairman

Tariq elected Steel Rerolling Mills Association chairman

Tariq Waheed on Saturday was elected Chairman of Pakistan Steel Re-Rolling Mills Association, and Shoaib Arshad as Vice Chairman (Lahore Circle) and Shahnawaz Ishtiaq Vice Chairman (Karachi Circle) for the year 2011-12.
Published 25 Sep, 2011 12:00am
Industry cannot progress without gas, power: Bengali

Industry cannot progress without gas, power: Bengali

Rule of law is a must for the formation of a civilised society and industrial sector cannot progress without gas and electricity, said Sindh Chief Minister's Advisor Qaisar Bengali. He was speaking at a stakeholders' dialogue on 'Framework for Economic Gr
Published 25 Sep, 2011 12:00am
Power shortfall inches up to abnormal level

Power shortfall inches up to abnormal level

Power shortfall has started inching again towards abnormal levels, as the demand and supply gap widen to around 4000MW on Saturday with rise in mercury after comparatively long cloudy spell. The power generation stood at 13393MW against a demand of 17194M
Published 25 Sep, 2011 12:00am
Hina meets Egyptian, Canadian, Honduran counterparts

Hina meets Egyptian, Canadian, Honduran counterparts

Foreign Minister, Hina Rabbani Khar held a bilateral meeting with the Foreign Minister of Iceland, Ossur Sharpheoinsson on the sidelines of the 66th session of United Nations General Assembly, said a press release received here from New York on Saturday.
Published 25 Sep, 2011 12:00am
PML-N chief pays tributes to lawyers

PML-N chief pays tributes to lawyers

Karachi High Court Bar Association President Rasheed A. Rizvi and former President of Supreme Court Bar Association Munir A. Malik called on PML-N Quaid Muhammad Nawaz Sharif and Punjab Chief Minister Muhammad Shahbaz Sharif here on Saturday. On the occas
Published 25 Sep, 2011 12:00am
Minister urged to ensure uninterrupted gas supply

Minister urged to ensure uninterrupted gas supply

All Pakistan Textile Mills Association (Aptma) has urged Federal Minister for Petroleum, Dr Asim Hussain to ensure uninterrupted gas supply five days a week to the textile industry. In a letter written to the federal petroleum minister, Aptma expressed co
Published 25 Sep, 2011 12:00am
Pacra assigns star rankings to funds of AHIL

Pacra assigns star rankings to funds of AHIL

Pakistan Credit Rating Agency Limited (Pacra) has assigned ranking to the following funds of Arif Habib Investments Limited (AFHIL) based on performance review for the period ended June 30, 2011 (trailing 12 months for normal star rankings and trailing 36
Published 25 Sep, 2011 12:00am
Pacra assigns star rankings to funds of AHIL

Pacra assigns star rankings to funds of AHIL

Pakistan Credit Rating Agency Limited (Pacra) has assigned ranking to the following funds of Arif Habib Investments Limited (AFHIL) based on performance review for the period ended June 30, 2011 (trailing 12 months for normal star rankings and trailing 36
Published 25 Sep, 2011 12:00am
Biotech plant inaugurated

Biotech plant inaugurated

Punjab Chief Minister, Muhammad Shahbaz Sharif inaugurated biotech plant at Manga Raiwind Road here, jointly constructed by Argentine and Feroze Sons Laboratories. Usman Khalid of Feroze Sons Laboratories briefed the chief minister regarding the project.
Published 25 Sep, 2011 12:00am
Educational institutions to reopen tomorrow

Educational institutions to reopen tomorrow

After completion of fumigation campaign, all the schools and colleges will be reopened from Monday (September 26). The Punjab government has already issued detailed instructions to the heads of educational institutions asking them to ensure neat and clean
Published 25 Sep, 2011 12:00am
MCCI elections: Anis, Muhammad elected unopposed

MCCI elections: Anis, Muhammad elected unopposed

Mian Anis Ahmed Sheikh and Khawaja Muhammad Hussain have been elected unopposed as President and Senior Vice President of Multan Chamber of commerce and Industry respectively for 2011-12. Mian Anis Ahmed Sheikh is younger brother of FPCCI's former Preside
Published 25 Sep, 2011 12:00am
Dr Malik to leave for China today

Dr Malik to leave for China today

The Secretary Literacy & Non-formal Basic Education, Dr Allah Bakhsh Malik will leave for China today (September 25) to attend two days Confucius Awarding ceremony there. The invitation has been extended to him by Chinese National Commission for UNESCO. T
Published 25 Sep, 2011 12:00am
Previous Day