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Archive - 2011-10-01
Welcomes Qatar investments: Greek PM
Top News

Welcomes Qatar investments: Greek PM

ATHENS : Investments from Qatar in Greece show trust in the debt-choked country's economy, Prime Minister George Pap
Published 01 Oct, 2011 03:31pm
PIAF opposes POL price hike
Markets

PIAF opposes POL price hike

LAHORE : Pakistan Industrial and Traders Associations Front (PIAF) on Saturday opposed a recent hike in petroleum, oil
Published 01 Oct, 2011 02:48pm
Bomb kills three police in Torghar
Top News

Bomb kills three police in Torghar

TORGHAR: A roadside bomb targeting a police van on Saturday killed three newly recruited policemen and wounded 10 others
Published 01 Oct, 2011 07:01am
Gold slips to Rs47,228 per 10 grams
Top News

Gold slips to Rs47,228 per 10 grams

KARACHI: Gold slipped by Rs257 to Rs47,228 per 10 grams in the local market Saturday, as its international price closed
Published 01 Oct, 2011 06:58am
ECP rejects FAFEN survey report
Top News

ECP rejects FAFEN survey report

ISLAMABAD : Outrightly rejecting a survey report issued by Free and Fair Election Network (FAFEN), an official of El
Published 01 Oct, 2011 05:15am
Australia hails death of Awlaqi
Top News

Australia hails death of Awlaqi

SYDNEY: Australia on Saturday hailed the death of US-born cleric Anwar al-Awlaqi in an air raid in Yemen as a significan
Published 01 Oct, 2011 04:52am
PCB stops banned Salim Malik to play in Sri Lanka

PCB stops banned Salim Malik to play in Sri Lanka

Pakistan cricket authorities Friday stopped banned former captain Salim Malik from touring Sri Lanka with a veteran team, an official said. The Pakistan veterans cricket team, who will play four One-day matches on their September 30-October 7 tour, had in
Published 01 Oct, 2011 12:00am
Aisam, Oliver reach Thailand Open semi-finals

Aisam, Oliver reach Thailand Open semi-finals

Pakistan's top tennis star, Aisam-ul-Haq and Austrian Oliver Marach marched into the semi-finals of Thailand Open ATP tournament making short work of their Italian opponents Simone Bolelli and Fabio Fognini 6-4, 6-1 win on Friday. Asiam and partner displa
Published 01 Oct, 2011 12:00am
Monfils overcomes rustiness to reach Thai semis

Monfils overcomes rustiness to reach Thai semis

France's Gael Monfils, returning to tennis after an injury layoff, reached the semi-finals of the ATP Thailand Open on Friday with a 7-5, 7-6 (7/4) win over Jarkko Nieminen. Monfils, who rested for nearly a month after exiting early at the US Open with a
Published 01 Oct, 2011 12:00am
Women and children to go free at Turkish matches

Women and children to go free at Turkish matches

Spurred on by the popularity of last week's match between Fenerbahce and Manisaspor in which male fans were banned, the Turkish Football Federation (TFF) have declared that women and children can attend top division matches for free as part of its drive t
Published 01 Oct, 2011 12:00am
City ban Tevez talk at Mancini press conference

City ban Tevez talk at Mancini press conference

Manchester City issued a blanket on questions about the Carlos Tevez saga on Friday at manager Roberto Mancini's weekly press conference. Reporters were ordered not to attempt to question Mancini about Tevez, who was suspended on Wednesday after allegedly
Published 01 Oct, 2011 12:00am
Kapil blasts Tendulkar's 100th ton hype

Kapil blasts Tendulkar's 100th ton hype

Former India great Kapil Dev has slammed the media's obsession with Sachin Tendulkar achieving 100 international centuries, saying the focus should be on the team's performances. During India's recent tour of England, speculation reached fever pitch about
Published 01 Oct, 2011 12:00am
Boks survive frantic Samoa to reach quarters

Boks survive frantic Samoa to reach quarters

Defending champions South Africa qualified for the World Cup quarter-finals but not after a desperate struggle to fight off Samoa 13-5 and stay unbeaten at North Harbour on Friday. The Springboks led 13-0 at halftime but failed to score for the last 53 mi
Published 01 Oct, 2011 12:00am
Zvonareva, Radwanska reach Pan Pacific final

Zvonareva, Radwanska reach Pan Pacific final

Russia's Vera Zvonareva overcame a nightmare start in her Pan Pacific Open semi-final Friday, recovering strongly to power past Wimbledon champion Petra Kvitova in straight sets. Zvonareva, struggling with her serve, trailed 0-4 to her Czech opponent in t
Published 01 Oct, 2011 12:00am
Arsenal hit by rising player wages

Arsenal hit by rising player wages

English Premier League soccer club Arsenal reported a decline in full-year operating profit as increased wage costs offset a rise in commercial revenue. The London club, which has endured a poor start to the Premier League season, said underlying operatin
Published 01 Oct, 2011 12:00am
Message from Ambassador of China to Pakistan

Message from Ambassador of China to Pakistan

Today marks the 62nd anniversary of the founding of the People's Republic of China. Since the founding of the People's Republic 62 years ago, particularly over the last 32 years of reform and opening-up, China has made remarkable progress toward moderniza
Published 01 Oct, 2011 12:00am
Message from Chief Patron, Pak-China Club

Message from Chief Patron, Pak-China Club

I would like to send my best wishes and a message of admiration to China on its National Day. It's the moment of great pride for the people of Pakistan as well. Pakistan has a long and symbiotic relationship with China. The longstanding ties between the t
Published 01 Oct, 2011 12:00am
Message from President Pak-China Club

Message from President Pak-China Club

Pakistan and China are linked by common mountains and rivers. The friendship between our peoples has a time-honoured history, and our two countries regard each other as a good neighbour, good friend, good partner and good brother and have developed an exe
Published 01 Oct, 2011 12:00am
Message from Chief Advisor, Pak-China Club

Message from Chief Advisor, Pak-China Club

It gives me great pleasure to extend to the Government and the people of China most cordial greetings on the occasion of the 62nd birthday of the People's Republic of China. China and Pakistan are all-weather friends and all-round co-operative partners.
Published 01 Oct, 2011 12:00am
Message from Secretary General

Message from Secretary General

It gives me great pleasure to extend to the Government and the people of China most cordial greetings on the occasion of the 62nd birthday of the People's Republic of China. China's achievements are a source of pride and inspiration for Pakistan.
Published 01 Oct, 2011 12:00am
Pak-China trade relations

Pak-China trade relations

Pakistan is one of the first groups of countries that have recognised China. On May 21, 1951, the two countries officially established their diplomatic relations. Since then, China and Pakistan have witnessed smooth development of friendly and neighbourly
Published 01 Oct, 2011 12:00am
Karachi International Container Terminal Limited

Karachi International Container Terminal Limited

Karachi International Container Terminal (KICT) is located west of the Indus Delta in the natural deep-water harbour of the century-old Port of Karachi. KICT was established in 1996 with the signing of a concession agreement between the international proj
Published 01 Oct, 2011 12:00am
China: A country with 5,000-year-old civilisation

China: A country with 5,000-year-old civilisation

China is a country with a very early civilisation and a long and rich history. The compass, gunpowder, the art of paper-making and block printing invented by the ancient Chinese have contributed immensely to the progress of mankind. The Great Wall, Grand
Published 01 Oct, 2011 12:00am
Hamdard Laboratories (Waqf) Pakistan

Hamdard Laboratories (Waqf) Pakistan

Hamdard, which means "Co Sharer in Suffering", was started in Delhi in 1906 as an herbal shop by Hakim Hafiz Abdul Majeed. After the partition of India, Shaheed Hakim Mohammad Said, the younger son of Hakim Abdul Majeed, migrated to Pakistan and establish
Published 01 Oct, 2011 12:00am
Pakistan Atomic Energy Commission in service of the nation

Pakistan Atomic Energy Commission in service of the nation

Pakistan Atomic Energy Commission (PAEC) has, over the years, built an extensive infrastructure for contributing to the socio-economic uplift of the country. Its activities span a wide spectrum: from nuclear power generation to minerals development, from
Published 01 Oct, 2011 12:00am
Investment in mental health care

Investment in mental health care

The World Mental Health day is being celebrated this year in October with the theme given by the World Federation for Mental Health (WFMH) of "The Great Push: Investment in Mental Health Care". This theme has been chosen with great care because of the fac
Published 01 Oct, 2011 12:00am
KARACHI CHRONICLE: No concern about innocent victims

KARACHI CHRONICLE: No concern about innocent victims

In a peaceful Defence Housing Authority (DHA) neighbourhood a massive blast shattered houses and killed eight persons including a mother and son going to the boy's school for a sports day. Their life story and tragic end brought tears to the eyes of DHA r
Published 01 Oct, 2011 12:00am
ART FACTS: Mashkoor Raza's vigorous creative journey

ART FACTS: Mashkoor Raza's vigorous creative journey

Mashkoor Raza is one of the most celebrated artists of Pakistan. A recipient of Pride of Performance, Mashkoor is acclaimed for his non-representational and abstract/cubism styles which have become his inimitable signature. With a blend of abstraction and
Published 01 Oct, 2011 12:00am
BRIDGE NOTES: Sure fire road to success

BRIDGE NOTES: Sure fire road to success

Hasty play at bridge has often been the sole reason of lots of bridge players defeat in a tight contract. Therefore, every bridge book on table play warns us to be careful and not hasty in the opening moves of our contract. The reason is not too far fetch
Published 01 Oct, 2011 12:00am
New York cotton

New York cotton

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

Published 01 Oct, 2011 12:00am
New York cotton

New York cotton

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

Published 01 Oct, 2011 12:00am
The Weather

The Weather

The weather report on Friday (September 30, 2011) and the forecast for Saturday (October 01, 2011).

Published 01 Oct, 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 01 Oct, 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 01 Oct, 2011 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (September 30, 2011).

Published 01 Oct, 2011 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (September 30, 2011).

Published 01 Oct, 2011 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (September 30, 2011).

Published 01 Oct, 2011 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (September 30, 2011).

Published 01 Oct, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (September 30, 2011).
Published 01 Oct, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (September 30, 2011).

Published 01 Oct, 2011 12:00am
Petrol price raised by Rs 4.15 per litre

Petrol price raised by Rs 4.15 per litre

The government on Friday night raised the petrol price by Rs 4.15 per litre, diesel by Rs 1.51 per litre and HOBC by Rs 2.72 per litre. The rates of kerosene and Light Diesel Oil have been kept unchanged. According to a notification issued by the Ogra her
Published 01 Oct, 2011 12:00am
Petrol price raised by Rs 4.15 per litre

Petrol price raised by Rs 4.15 per litre

The government on Friday night raised the petrol price by Rs 4.15 per litre, diesel by Rs 1.51 per litre and HOBC by Rs 2.72 per litre. The rates of kerosene and Light Diesel Oil have been kept unchanged. According to a notification issued by the Ogra her
Published 01 Oct, 2011 12:00am
Petrol price raised by Rs 4.15 per litre

Petrol price raised by Rs 4.15 per litre

The government on Friday night raised the petrol price by Rs 4.15 per litre, diesel by Rs 1.51 per litre and HOBC by Rs 2.72 per litre. The rates of kerosene and Light Diesel Oil have been kept unchanged. According to a notification issued by the Ogra her
Published 01 Oct, 2011 12:00am
Government to borrow Rs 1.07 trillion in second quarter

Government to borrow Rs 1.07 trillion in second quarter

The federal government has planned to borrow some Rs 1.070 trillion through Pakistan Investment Bond and Market Treasury Bills during the second quarter of current fiscal year. The shortfall in revenue and the rising current expenditure have forced the go
Published 01 Oct, 2011 12:00am
Government to borrow Rs 1.07 trillion in second quarter

Government to borrow Rs 1.07 trillion in second quarter

The federal government has planned to borrow some Rs 1.070 trillion through Pakistan Investment Bond and Market Treasury Bills during the second quarter of current fiscal year. The shortfall in revenue and the rising current expenditure have forced the go
Published 01 Oct, 2011 12:00am
Government to borrow Rs 1.07 trillion in second quarter

Government to borrow Rs 1.07 trillion in second quarter

The federal government has planned to borrow some Rs 1.070 trillion through Pakistan Investment Bond and Market Treasury Bills during the second quarter of current fiscal year. The shortfall in revenue and the rising current expenditure have forced the go
Published 01 Oct, 2011 12:00am
CDNS target reduced to Rs 37 billion

CDNS target reduced to Rs 37 billion

The Central Directorate of National Savings (CDNS) has set the target of Rs 37 billion for the current fiscal year 2011-12, which is around Rs 3 billion less than the investment target achieved during last fiscal year. Sources in the CDNS told this scribe
Published 01 Oct, 2011 12:00am
CDNS target reduced to Rs 37 billion

CDNS target reduced to Rs 37 billion

The Central Directorate of National Savings (CDNS) has set the target of Rs 37 billion for the current fiscal year 2011-12, which is around Rs 3 billion less than the investment target achieved during last fiscal year. Sources in the CDNS told this scribe
Published 01 Oct, 2011 12:00am
CDNS target reduced to Rs 37 billion

CDNS target reduced to Rs 37 billion

The Central Directorate of National Savings (CDNS) has set the target of Rs 37 billion for the current fiscal year 2011-12, which is around Rs 3 billion less than the investment target achieved during last fiscal year. Sources in the CDNS told this scribe
Published 01 Oct, 2011 12:00am
US President won't back Mullen's claim

US President won't back Mullen's claim

US President Barack Obama on Friday said Pakistan must "take care" of the extremist Haqqani network, as a fierce dispute raged over US claims the group was an arm of Islamabad's intelligence agency. Obama did not endorse the accusations, made by retiring
Published 01 Oct, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (September 30, 2011).

Published 01 Oct, 2011 12:00am
US President won't back Mullen's claim

US President won't back Mullen's claim

US President Barack Obama on Friday said Pakistan must "take care" of the extremist Haqqani network, as a fierce dispute raged over US claims the group was an arm of Islamabad's intelligence agency. Obama did not endorse the accusations, made by retiring
Published 01 Oct, 2011 12:00am
No Afghanistan solution without Pakistan: Mullen

No Afghanistan solution without Pakistan: Mullen

There can be no solution to the conflict in Afghanistan without Pakistan, the top US military officer, Admiral Mike Mullen, said Friday as he stepped down from his post. "I continue to believe that there is no solution in the region without Pakistan, and
Published 01 Oct, 2011 12:00am
No Afghanistan solution without Pakistan: Mullen

No Afghanistan solution without Pakistan: Mullen

There can be no solution to the conflict in Afghanistan without Pakistan, the top US military officer, Admiral Mike Mullen, said Friday as he stepped down from his post. "I continue to believe that there is no solution in the region without Pakistan, and
Published 01 Oct, 2011 12:00am
Now Nato piles pressure

Now Nato piles pressure

Nato's chief piled pressure on Pakistan on Friday to step up the fight against "terrorists" enjoying safe havens in the border region with Afghanistan. Amid growing US pressure for Pakistan to take action against al Qaeda-linked extremists, Nato Secretary
Published 01 Oct, 2011 12:00am
Now Nato piles pressure

Now Nato piles pressure

Nato's chief piled pressure on Pakistan on Friday to step up the fight against "terrorists" enjoying safe havens in the border region with Afghanistan. Amid growing US pressure for Pakistan to take action against al Qaeda-linked extremists, Nato Secretary
Published 01 Oct, 2011 12:00am
'There will be no boots on the ground'

'There will be no boots on the ground'

A senior US official told Reuters on Friday that Washington would not send ground troops into Pakistan to attack militant positions in North Waziristan. "There will be no boots on the ground," the official said. "That has been communicated to them (the Pa
Published 01 Oct, 2011 12:00am
'There will be no boots on the ground'

'There will be no boots on the ground'

A senior US official told Reuters on Friday that Washington would not send ground troops into Pakistan to attack militant positions in North Waziristan. "There will be no boots on the ground," the official said. "That has been communicated to them (the Pa
Published 01 Oct, 2011 12:00am
Index gains 119.51 points

Index gains 119.51 points

Karachi stock market on Friday closed in positive with support of high buying in fertiliser and oil sector. The KSE-100 index gained 119.51 points to close at 11,761.97 points from 11,642.46 points. The KSE-100 index hit intra-day high of 11,800.17 points
Published 01 Oct, 2011 12:00am
Index gains 119.51 points

Index gains 119.51 points

Karachi stock market on Friday closed in positive with support of high buying in fertiliser and oil sector. The KSE-100 index gained 119.51 points to close at 11,761.97 points from 11,642.46 points. The KSE-100 index hit intra-day high of 11,800.17 points
Published 01 Oct, 2011 12:00am
Index gains 119.51 points

Index gains 119.51 points

Karachi stock market on Friday closed in positive with support of high buying in fertiliser and oil sector. The KSE-100 index gained 119.51 points to close at 11,761.97 points from 11,642.46 points. The KSE-100 index hit intra-day high of 11,800.17 points
Published 01 Oct, 2011 12:00am
BRIndex30 up 92.83 points

BRIndex30 up 92.83 points

On Fri-day, the BRIndex30 opened at 8,699.88 points and remained in positive throughout the trading session. It touched the intra-day high of 8,879.41 points and low of 8,712.13 points, and closed at 8,792.71 points with a net positive change of 92.83 poi
Published 01 Oct, 2011 12:00am
BRIndex30 up 92.83 points

BRIndex30 up 92.83 points

On Fri-day, the BRIndex30 opened at 8,699.88 points and remained in positive throughout the trading session. It touched the intra-day high of 8,879.41 points and low of 8,712.13 points, and closed at 8,792.71 points with a net positive change of 92.83 poi
Published 01 Oct, 2011 12:00am
CIA drone kills US-born al Qaeda cleric in Yemen

CIA drone kills US-born al Qaeda cleric in Yemen

Anwar al-Awlaki, a US-born Islamist militant, was killed in Yemen on Friday in a CIA drone strike described by President Barack Obama as "another significant milestone" in efforts to defeat al Qaeda. Awlaki's killing deprives the Yemen-based al Qaeda in t
Published 01 Oct, 2011 12:00am
CIA drone kills US-born al Qaeda cleric in Yemen

CIA drone kills US-born al Qaeda cleric in Yemen

Anwar al-Awlaki, a US-born Islamist militant, was killed in Yemen on Friday in a CIA drone strike described by President Barack Obama as "another significant milestone" in efforts to defeat al Qaeda. Awlaki's killing deprives the Yemen-based al Qaeda in t
Published 01 Oct, 2011 12:00am
BP says $7 billion Pan American stake sale still on

BP says $7 billion Pan American stake sale still on

BP said on Friday a plan to sell its stake in Argentina-based oil and gas group Pan American Energy (PAE) to Bridas Corp, half-owned by China's CNOOC, for $7 billion was still on, despite a report Argentine opposition could scupper it. A Bloomberg report
Published 01 Oct, 2011 12:00am
Major US atom-smasher closes after 25 years

Major US atom-smasher closes after 25 years

A powerful US atom-smasher that was the world's biggest particle collider for nearly a quarter-century closed forever on Friday, solidifying Europe's place as the world leader in physics. The Tevatron began its collider work in 1985, as part of the US Dep
Published 01 Oct, 2011 12:00am
J.P Morgan, Bank of America hit by new legal suits

J.P Morgan, Bank of America hit by new legal suits

J.P. Morgan Chase and Bank of America were hit with new suits over subprime mortgage securities purchased by a German bank which nearly collapsed from losses on the investments, court documents showed Friday. Sealink Funding, which manages assets once hel
Published 01 Oct, 2011 12:00am
Canada, Quebec sign long-delayed sales tax deal

Canada, Quebec sign long-delayed sales tax deal

The Canadian government and Quebec formally signed a C$2.2 billion ($2.1 billion) tax deal on Friday, ending two decades of squabbling which had helped fan separatist sentiment in the largely French-speaking province. Quebec had pressed Ottawa for almost
Published 01 Oct, 2011 12:00am
Bullish sentiment dominates LSE

Bullish sentiment dominates LSE

Bullish sentiment dominated the Lahore Stock Exchange on Friday and equities registered gains across the board amid ascending transaction volume on account of fresh buying in blue chips of oil, fertiliser, banking sectors. The LSE-25 index gained 61.29 po
Published 01 Oct, 2011 12:00am
Bullish sentiment dominates LSE

Bullish sentiment dominates LSE

Bullish sentiment dominated the Lahore Stock Exchange on Friday and equities registered gains across the board amid ascending transaction volume on account of fresh buying in blue chips of oil, fertiliser, banking sectors. The LSE-25 index gained 61.29 po
Published 01 Oct, 2011 12:00am
ISE index recovers 12.65 points

ISE index recovers 12.65 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Friday where investors adopted cautious approach amid increase in index. ISE-10 Index showed an improvement of 12.65 points from 2,525.11 points to 2,537.76 points. Turnover amounted to 213
Published 01 Oct, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 01 Oct, 2011 12:00am
ISE index recovers 12.65 points

ISE index recovers 12.65 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Friday where investors adopted cautious approach amid increase in index. ISE-10 Index showed an improvement of 12.65 points from 2,525.11 points to 2,537.76 points. Turnover amounted to 213
Published 01 Oct, 2011 12:00am
Jump in eurozone inflation clouds ECB rate call

Jump in eurozone inflation clouds ECB rate call

Eurozone consumer price inflation jumped unexpectedly to 3.0 percent in September, its highest level in almost three years, heaping doubt on bets that the European Central Bank will cut interest rates next week. In an estimate from the EU's statistics age
Published 01 Oct, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 01 Oct, 2011 12:00am
Jump in eurozone inflation clouds ECB rate call

Jump in eurozone inflation clouds ECB rate call

Eurozone consumer price inflation jumped unexpectedly to 3.0 percent in September, its highest level in almost three years, heaping doubt on bets that the European Central Bank will cut interest rates next week. In an estimate from the EU's statistics age
Published 01 Oct, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Oct, 2011 12:00am
Provisional figures: Rs 352 billion collected in first quarter

Provisional figures: Rs 352 billion collected in first quarter

The Federal Board of Revenue has provisionally collected over and above Rs 352 billion during first quarter of July-September of current fiscal year against Rs 276 billion in the corresponding period last fiscal, reflecting an increase of 29 percent.
Published 01 Oct, 2011 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 01 Oct, 2011 12:00am
Provisional figures: Rs 352 billion collected in first quarter

Provisional figures: Rs 352 billion collected in first quarter

The Federal Board of Revenue has provisionally collected over and above Rs 352 billion during first quarter of July-September of current fiscal year against Rs 276 billion in the corresponding period last fiscal, reflecting an increase of 29 percent.
Published 01 Oct, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Oct, 2011 12:00am
Provisional figures: Rs 352 billion collected in first quarter

Provisional figures: Rs 352 billion collected in first quarter

The Federal Board of Revenue has provisionally collected over and above Rs 352 billion during first quarter of July-September of current fiscal year against Rs 276 billion in the corresponding period last fiscal, reflecting an increase of 29 percent.
Published 01 Oct, 2011 12:00am
Noorzai denies he was a Taliban financier

Noorzai denies he was a Taliban financier

One of the men sanctioned by the United States for supporting "the most dangerous terrorist organisations" in Afghanistan and Pakistan denied on Friday he was a Taliban financier. Hajji Malik Noorzai told Reuters he was a legitimate Pakistani businessman
Published 01 Oct, 2011 12:00am
Noorzai denies he was a Taliban financier

Noorzai denies he was a Taliban financier

One of the men sanctioned by the United States for supporting "the most dangerous terrorist organisations" in Afghanistan and Pakistan denied on Friday he was a Taliban financier. Hajji Malik Noorzai told Reuters he was a legitimate Pakistani businessman
Published 01 Oct, 2011 12:00am
ST, FE returns date extended

ST, FE returns date extended

The Federal Board of Revenue has extended the dates for filing of sales tax and federal excise returns for the period August, 2011. In a letter issued here on Friday, it communicated to all Chief Commissioners of LTUs and RTOs that the date for filing of
Published 01 Oct, 2011 12:00am
ST, FE returns date extended

ST, FE returns date extended

The Federal Board of Revenue has extended the dates for filing of sales tax and federal excise returns for the period August, 2011. In a letter issued here on Friday, it communicated to all Chief Commissioners of LTUs and RTOs that the date for filing of
Published 01 Oct, 2011 12:00am
ST, FE returns date extended

ST, FE returns date extended

The Federal Board of Revenue has extended the dates for filing of sales tax and federal excise returns for the period August, 2011. In a letter issued here on Friday, it communicated to all Chief Commissioners of LTUs and RTOs that the date for filing of
Published 01 Oct, 2011 12:00am
World governments piling up currency reserves

World governments piling up currency reserves

Countries are piling up currency reserves at a pace of nearly 20 percent a year in an environment of low interest rates and high uncertainty, International Monetary Fund figures showed Friday. Global official foreign exchange reserves at the end of the se
Published 01 Oct, 2011 12:00am
World governments piling up currency reserves

World governments piling up currency reserves

Countries are piling up currency reserves at a pace of nearly 20 percent a year in an environment of low interest rates and high uncertainty, International Monetary Fund figures showed Friday. Global official foreign exchange reserves at the end of the se
Published 01 Oct, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (September 30, 2011).

Published 01 Oct, 2011 12:00am
World governments piling up currency reserves

World governments piling up currency reserves

Countries are piling up currency reserves at a pace of nearly 20 percent a year in an environment of low interest rates and high uncertainty, International Monetary Fund figures showed Friday. Global official foreign exchange reserves at the end of the se
Published 01 Oct, 2011 12:00am
Gilani tells Erra to complete ongoing projects

Gilani tells Erra to complete ongoing projects

Prime Minister Syed Yusuf Raza Gilani on Friday directed Chairman Earthquake and Reconstruction Authority (Erra) to focus on completion of ongoing projects followed by operational plans to benefit people traumatised after devastating earthquake in October
Published 01 Oct, 2011 12:00am
Gilani tells Erra to complete ongoing projects

Gilani tells Erra to complete ongoing projects

Prime Minister Syed Yusuf Raza Gilani on Friday directed Chairman Earthquake and Reconstruction Authority (Erra) to focus on completion of ongoing projects followed by operational plans to benefit people traumatised after devastating earthquake in October
Published 01 Oct, 2011 12:00am
Panel holds first meeting on Palestinian UN bid

Panel holds first meeting on Palestinian UN bid

A UN Security Council panel on admitting new members to the United Nations met on Friday for the first time on the Palestinian bid to join the world body as Palestinians lobbied council members for support. After the closed-door meeting of the council's s
Published 01 Oct, 2011 12:00am
Panel holds first meeting on Palestinian UN bid

Panel holds first meeting on Palestinian UN bid

A UN Security Council panel on admitting new members to the United Nations met on Friday for the first time on the Palestinian bid to join the world body as Palestinians lobbied council members for support. After the closed-door meeting of the council's s
Published 01 Oct, 2011 12:00am
THE RUPEE: minor changes on money market

THE RUPEE: minor changes on money market

The rupee fluctuated slightly versus dollar and euro on the currency market on Friday in process of trading, dealers said. The rupee slipped by four paisa against dollar for buying and selling 87.45 at 87.50, they said.
Published 01 Oct, 2011 12:00am
India tests nuclear-capable missile

India tests nuclear-capable missile

India on Friday successfully tested its nuclear-capable Agni II ballistic missile, a news report said. The surface-to-surface missile with a range of 2,000 kilometres was launched off the coast of the eastern state of Orissa. "It was a perfect launch," di
Published 01 Oct, 2011 12:00am
THE RUPEE: minor changes on money market

THE RUPEE: minor changes on money market

The rupee fluctuated slightly versus dollar and euro on the currency market on Friday in process of trading, dealers said. The rupee slipped by four paisa against dollar for buying and selling 87.45 at 87.50, they said.
Published 01 Oct, 2011 12:00am
India tests nuclear-capable missile

India tests nuclear-capable missile

India on Friday successfully tested its nuclear-capable Agni II ballistic missile, a news report said. The surface-to-surface missile with a range of 2,000 kilometres was launched off the coast of the eastern state of Orissa. "It was a perfect launch," di
Published 01 Oct, 2011 12:00am
Electricity duty: industries facing harassment

Electricity duty: industries facing harassment

Industries in the city are being issued letters and notices, pressuring them to seek permission for installation of generators and paying electricity duty which comes in millions of rupees under the Electricity Act 1910 and West Pakistan Electricity Duty
Published 01 Oct, 2011 12:00am
Electricity duty: industries facing harassment

Electricity duty: industries facing harassment

Industries in the city are being issued letters and notices, pressuring them to seek permission for installation of generators and paying electricity duty which comes in millions of rupees under the Electricity Act 1910 and West Pakistan Electricity Duty
Published 01 Oct, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 30, 2011).

Published 01 Oct, 2011 12:00am
Electricity duty: industries facing harassment

Electricity duty: industries facing harassment

Industries in the city are being issued letters and notices, pressuring them to seek permission for installation of generators and paying electricity duty which comes in millions of rupees under the Electricity Act 1910 and West Pakistan Electricity Duty
Published 01 Oct, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 30, 2011).

Published 01 Oct, 2011 12:00am
Violation of building bylaws: CDA seals US warehouse premises

Violation of building bylaws: CDA seals US warehouse premises

The Capital Development Authority (CDA) with the assistance of local police sealed the premises of US warehouse in I-9/3 industrial area of Islamabad for violating CDA building bylaws. According to CDA officials, the premises of US warehouse was sealed be
Published 01 Oct, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (September 30, 2011).

Published 01 Oct, 2011 12:00am
Violation of building bylaws: CDA seals US warehouse premises

Violation of building bylaws: CDA seals US warehouse premises

The Capital Development Authority (CDA) with the assistance of local police sealed the premises of US warehouse in I-9/3 industrial area of Islamabad for violating CDA building bylaws. According to CDA officials, the premises of US warehouse was sealed be
Published 01 Oct, 2011 12:00am
Violation of building bylaws: CDA seals US warehouse premises

Violation of building bylaws: CDA seals US warehouse premises

The Capital Development Authority (CDA) with the assistance of local police sealed the premises of US warehouse in I-9/3 industrial area of Islamabad for violating CDA building bylaws. According to CDA officials, the premises of US warehouse was sealed be
Published 01 Oct, 2011 12:00am
President for making PIA healthy, vigorous

President for making PIA healthy, vigorous

President Asif Ali Zardari has called for implementation of a wide-ranging reform plan to tone up Pakistan International Airlines by arresting rising liabilities, stemming general decline and converting PIA into a profitable organisation. This he said dur
Published 01 Oct, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (September 30, 2011) and for Saturday (October 01, 2011).
Published 01 Oct, 2011 12:00am
President for making PIA healthy, vigorous

President for making PIA healthy, vigorous

President Asif Ali Zardari has called for implementation of a wide-ranging reform plan to tone up Pakistan International Airlines by arresting rising liabilities, stemming general decline and converting PIA into a profitable organisation. This he said dur
Published 01 Oct, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (September 30, 2011).

Published 01 Oct, 2011 12:00am
President for making PIA healthy, vigorous

President for making PIA healthy, vigorous

President Asif Ali Zardari has called for implementation of a wide-ranging reform plan to tone up Pakistan International Airlines by arresting rising liabilities, stemming general decline and converting PIA into a profitable organisation. This he said dur
Published 01 Oct, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on September 27, 2011.

Published 01 Oct, 2011 12:00am
Rs 67 billion dues: PSO receives Rs 8 billion from Hubco

Rs 67 billion dues: PSO receives Rs 8 billion from Hubco

The Hub Power Company Limited (Hubco) on Friday paid Rs 8 billion to PSO out of Rs 67 billion outstanding dues, while Wapda paid Rs 5 billion on Thursday, it is learnt. Sources in the Ministry of Water and Power told Business Recorder that on Septe
Published 01 Oct, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on September 27, 2011.

Published 01 Oct, 2011 12:00am
Rs 67 billion dues: PSO receives Rs 8 billion from Hubco

Rs 67 billion dues: PSO receives Rs 8 billion from Hubco

The Hub Power Company Limited (Hubco) on Friday paid Rs 8 billion to PSO out of Rs 67 billion outstanding dues, while Wapda paid Rs 5 billion on Thursday, it is learnt. Sources in the Ministry of Water and Power told Business Recorder that on Septe
Published 01 Oct, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on September 27, 2011.

Published 01 Oct, 2011 12:00am
Rs 67 billion dues: PSO receives Rs 8 billion from Hubco

Rs 67 billion dues: PSO receives Rs 8 billion from Hubco

The Hub Power Company Limited (Hubco) on Friday paid Rs 8 billion to PSO out of Rs 67 billion outstanding dues, while Wapda paid Rs 5 billion on Thursday, it is learnt. Sources in the Ministry of Water and Power told Business Recorder that on Septe
Published 01 Oct, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 01 Oct, 2011 12:00am
Police probe French former interior minister over phone leak

Police probe French former interior minister over phone leak

French police questioned a senior adviser to President Nicolas Sarkozy, Brice Hortefeux, on Friday after he called a suspect in a campaign financing scandal to warn him his wife was talking too much. "Brice Hortefeux was questioned this morning by judicia
Published 01 Oct, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 01 Oct, 2011 12:00am
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