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Archive - 2011-10-06
Europe must act fast on debt: Obama
Top News

Europe must act fast on debt: Obama

WASHINGTON : US President Barack Obama issued a stark warning on the US economy Thursday, and said Europe must "act
Published 06 Oct, 2011 08:31pm
German domestic demand slides
Top News

German domestic demand slides

BERLIN : German industrial orders slid unexpectedly in August on a drop in domestic demand, adding to signs Europe 's l
Published 06 Oct, 2011 01:47pm
Food prices seen down: FAO
Top News

Food prices seen down: FAO

MILAN : World food prices are likely to fall again after sliding in September under pressure from increased grain suppli
Published 06 Oct, 2011 01:06pm
LPG price reduces by Rs12 per kg
Top News

LPG price reduces by Rs12 per kg

ISLAMABAD : The producers of Liquefied Petroleum Gas (LPG) have reduced its price by Rs12 per kg effective from Thursday
Published 06 Oct, 2011 11:59am
ECB chief says bank considered rate cut
Top News

ECB chief says bank considered rate cut

BERLIN: The head of the European Central Bank said Thursday that its rate-setting council had weighed up the merits of r
Published 06 Oct, 2011 11:47am
Duty-free import of equipment suggested
Top News

Duty-free import of equipment suggested

RECORDER REPORT ISLAMABAD: The Planning Commission has proposed that solid state lighting and efficient gas/solar wat
Published 06 Oct, 2011 08:51am
FBR sets Rs47 billion target for Q2
Top News

FBR sets Rs47 billion target for Q2

RECORDER REPORT ISLAMABAD: The Federal Board of Revenue (FBR) has fixed nearly Rs 477.1 billion as revenue collection
Published 06 Oct, 2011 08:50am
Forex reserves fall to $17.35bn
Top News

Forex reserves fall to $17.35bn

KARACHI: Pakistan's foreign exchange reserves fell marginally to $17.35 billion in the week ending Oct. 1 from $17.38 bi
Published 06 Oct, 2011 08:24am
Report on food security in South Asia
Top News

Report on food security in South Asia

LAHORE: Human Development in South Asia Report 2010-11 with focus on `Food Security in South Asia` will be launched by t
Published 06 Oct, 2011 08:14am
Floods drown Asia's rice bowl
Asia

Floods drown Asia's rice bowl

HANOI: Massive floods have ravaged vast swathes of Asia's rice bowl, threatening to further drive up food prices and add
Published 06 Oct, 2011 05:27am
Loss of Steve Jobs makes world 'iSad'
Top News

Loss of Steve Jobs makes world 'iSad'

SAN FRANCISCO : Steve Jobs touched so many lives that people around the world turned "iSad" on Wednesday, pausing to sha
Published 06 Oct, 2011 05:13am
Prices critical for rice exports
BR Research

Prices critical for rice exports

Rice prices are very critical for Pakistan as they constitute approximately nine percent of Pakistans total exports and rice is the second l
Published 06 Oct, 2011 12:00am
New York cotton

New York cotton

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

Published 06 Oct, 2011 12:00am
New York cotton

New York cotton

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

Published 06 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 06 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 06 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 Wednesday (October 05, 2011).

Published 06 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 Wednesday (October 05, 2011).

Published 06 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 Wednesday (October 05, 2011).

Published 06 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 Wednesday (October 05, 2011).

Published 06 Oct, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (October 05, 2011).
Published 06 Oct, 2011 12:00am
Government receives major reprieve as MQM once again returns

Government receives major reprieve as MQM once again returns

Muttahida Qaumi Movement (MQM) on Wednesday night announced that it had decided to rejoin federal and Sindh governments after talks between PPP and MQM leaders. Although, a major coalition partner PML-Q announced the same day that it was not quitting the
Published 06 Oct, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (October 05, 2011).

Published 06 Oct, 2011 12:00am
Government receives major reprieve as MQM once again returns

Government receives major reprieve as MQM once again returns

Muttahida Qaumi Movement (MQM) on Wednesday night announced that it had decided to rejoin federal and Sindh governments after talks between PPP and MQM leaders. Although, a major coalition partner PML-Q announced the same day that it was not quitting the
Published 06 Oct, 2011 12:00am
Energy conservation plan: staggered holidays for industry proposed

Energy conservation plan: staggered holidays for industry proposed

The Energy Conservation Plan presented to Prime Minister Syed Yousuf Raza Gilani has proposed staggered weekly holidays for industry, replacement of all billboards/hoardings with solid state lights and two weekly holidays in government offices to save 700
Published 06 Oct, 2011 12:00am
Energy conservation plan: staggered holidays for industry proposed

Energy conservation plan: staggered holidays for industry proposed

The Energy Conservation Plan presented to Prime Minister Syed Yousuf Raza Gilani has proposed staggered weekly holidays for industry, replacement of all billboards/hoardings with solid state lights and two weekly holidays in government offices to save 700
Published 06 Oct, 2011 12:00am
Energy conservation plan: staggered holidays for industry proposed

Energy conservation plan: staggered holidays for industry proposed

The Energy Conservation Plan presented to Prime Minister Syed Yousuf Raza Gilani has proposed staggered weekly holidays for industry, replacement of all billboards/hoardings with solid state lights and two weekly holidays in government offices to save 700
Published 06 Oct, 2011 12:00am
Duty-free import of equipment suggested

Duty-free import of equipment suggested

The Planning Commission has proposed that solid state lighting and efficient gas/solar water heating should be exempted from all import duties, it is learnt. Sources said the Planning Commission in the energy conservation plan presented to Prime Minister
Published 06 Oct, 2011 12:00am
Duty-free import of equipment suggested

Duty-free import of equipment suggested

The Planning Commission has proposed that solid state lighting and efficient gas/solar water heating should be exempted from all import duties, it is learnt. Sources said the Planning Commission in the energy conservation plan presented to Prime Minister
Published 06 Oct, 2011 12:00am
Duty-free import of equipment suggested

Duty-free import of equipment suggested

The Planning Commission has proposed that solid state lighting and efficient gas/solar water heating should be exempted from all import duties, it is learnt. Sources said the Planning Commission in the energy conservation plan presented to Prime Minister
Published 06 Oct, 2011 12:00am
Responsibility for current crisis: power ministry tries to defend itself

Responsibility for current crisis: power ministry tries to defend itself

The Ministry of Water and Power is reportedly defending itself against accusations by Ministries of Finance and Petroleum that it alone is responsible for the current power crisis which accounts for ongoing violent protests in different parts of the count
Published 06 Oct, 2011 12:00am
Responsibility for current crisis: power ministry tries to defend itself

Responsibility for current crisis: power ministry tries to defend itself

The Ministry of Water and Power is reportedly defending itself against accusations by Ministries of Finance and Petroleum that it alone is responsible for the current power crisis which accounts for ongoing violent protests in different parts of the count
Published 06 Oct, 2011 12:00am
Responsibility for current crisis: power ministry tries to defend itself

Responsibility for current crisis: power ministry tries to defend itself

The Ministry of Water and Power is reportedly defending itself against accusations by Ministries of Finance and Petroleum that it alone is responsible for the current power crisis which accounts for ongoing violent protests in different parts of the count
Published 06 Oct, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (October 05, 2011).

Published 06 Oct, 2011 12:00am
Services providers: FBR makes six percent WHT adjustable

Services providers: FBR makes six percent WHT adjustable

The Board-in-Council of the Federal Board of Revenue (FBR) took a major decision on Wednesday to make 6 percent withholding tax adjustable for services providers falling within the corporate sector under section 153 (1)(b) of the Income Tax Ordinance 2001
Published 06 Oct, 2011 12:00am
Services providers: FBR makes six percent WHT adjustable

Services providers: FBR makes six percent WHT adjustable

The Board-in-Council of the Federal Board of Revenue (FBR) took a major decision on Wednesday to make 6 percent withholding tax adjustable for services providers falling within the corporate sector under section 153 (1)(b) of the Income Tax Ordinance 2001
Published 06 Oct, 2011 12:00am
Services providers: FBR makes six percent WHT adjustable

Services providers: FBR makes six percent WHT adjustable

The Board-in-Council of the Federal Board of Revenue (FBR) took a major decision on Wednesday to make 6 percent withholding tax adjustable for services providers falling within the corporate sector under section 153 (1)(b) of the Income Tax Ordinance 2001
Published 06 Oct, 2011 12:00am
Index loses 65.11 points

Index loses 65.11 points

The KSE-100 index on Wednesday lost 65.11 points to close at 11,868.17 points due to profit taking opted by both local and foreign investors. The market opened on a strong positive note and the index hit 11,999.29 points intra-day high. However, the momen
Published 06 Oct, 2011 12:00am
Index loses 65.11 points

Index loses 65.11 points

The KSE-100 index on Wednesday lost 65.11 points to close at 11,868.17 points due to profit taking opted by both local and foreign investors. The market opened on a strong positive note and the index hit 11,999.29 points intra-day high. However, the momen
Published 06 Oct, 2011 12:00am
Index loses 65.11 points

Index loses 65.11 points

The KSE-100 index on Wednesday lost 65.11 points to close at 11,868.17 points due to profit taking opted by both local and foreign investors. The market opened on a strong positive note and the index hit 11,999.29 points intra-day high. However, the momen
Published 06 Oct, 2011 12:00am
BRIndex30 down 44.04 points

BRIndex30 down 44.04 points

On Wednesday, the BRIndex30 opened at 8,991.38 points. It touched the intra-day high of 9,086.12 points and low of 8,910.32 points and closed at 8,947.34 points with a net negative change of -44.04 points, or -0.49 percent lower than previous close.
Published 06 Oct, 2011 12:00am
BRIndex30 down 44.04 points

BRIndex30 down 44.04 points

On Wednesday, the BRIndex30 opened at 8,991.38 points. It touched the intra-day high of 9,086.12 points and low of 8,910.32 points and closed at 8,947.34 points with a net negative change of -44.04 points, or -0.49 percent lower than previous close.
Published 06 Oct, 2011 12:00am
PML-Q not quitting government: Chaudhrys meet Zardari

PML-Q not quitting government: Chaudhrys meet Zardari

Pakistan Muslim League (PML-Q) President Chaudhry Shujaat Hussain and Pervaiz Elahi Wednesday called on President Asif Ali Zardari. The meeting held at President House discussed matters pertaining to members of parliament of PML-Q who have expressed deep-
Published 06 Oct, 2011 12:00am
PML-Q not quitting government: Chaudhrys meet Zardari

PML-Q not quitting government: Chaudhrys meet Zardari

Pakistan Muslim League (PML-Q) President Chaudhry Shujaat Hussain and Pervaiz Elahi Wednesday called on President Asif Ali Zardari. The meeting held at President House discussed matters pertaining to members of parliament of PML-Q who have expressed deep-
Published 06 Oct, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (October 05, 2011).

Published 06 Oct, 2011 12:00am
Prime Minister challenges PML-N to move no-trust motion

Prime Minister challenges PML-N to move no-trust motion

Prime Minister Syed Yousuf Raza Gilani on Wednesday said that the opposition was inciting people to come on roads to protest against power outages. Talking to media after inaugurating a photo exhibition in commemoration with 6th year of earthquake 2005 at
Published 06 Oct, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (October 05, 2011).

Published 06 Oct, 2011 12:00am
Prime Minister challenges PML-N to move no-trust motion

Prime Minister challenges PML-N to move no-trust motion

Prime Minister Syed Yousuf Raza Gilani on Wednesday said that the opposition was inciting people to come on roads to protest against power outages. Talking to media after inaugurating a photo exhibition in commemoration with 6th year of earthquake 2005 at
Published 06 Oct, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (October 05, 2011).

Published 06 Oct, 2011 12:00am
PML-N to hold sit-in outside President's House today

PML-N to hold sit-in outside President's House today

Pakistan Muslim League-Nawaz (PML-N) on Wednesday announced to hold protest demonstration and stage a sit-in outside President House on Thursday against the unscheduled and prolonged load shedding across the country. Leader of the Opposition in the Nation
Published 06 Oct, 2011 12:00am
PML-N to hold sit-in outside President's House today

PML-N to hold sit-in outside President's House today

Pakistan Muslim League-Nawaz (PML-N) on Wednesday announced to hold protest demonstration and stage a sit-in outside President House on Thursday against the unscheduled and prolonged load shedding across the country. Leader of the Opposition in the Nation
Published 06 Oct, 2011 12:00am
Six held over plot to kill Karzai: Kabul

Six held over plot to kill Karzai: Kabul

Six people have been arrested after an alleged plot to assassinate Afghan President Hamid Karzai was foiled, the interior ministry said on Wednesday. "The Afghan intelligence agency has arrested a group of six people in connection with an assassination pl
Published 06 Oct, 2011 12:00am
Key US House panel clears stalled trade deals

Key US House panel clears stalled trade deals

A key US House of Representatives committee on Wednesday easily approved stalled free trade deals with Colombia, Panama, and South Korea, setting the stage for the full chamber to ratify the agreements. The House Ways and Means Committee, which has jurisd
Published 06 Oct, 2011 12:00am
Harvard toppled from top of worldwide rankings

Harvard toppled from top of worldwide rankings

US and British institutions once again dominate an annual worldwide league table of universities published Thursday, but there is a fresh name at the top, unseating long-time leader Harvard. California Institute of Technology (Caltech) knocked the famous
Published 06 Oct, 2011 12:00am
Mixed trend on LSE

Mixed trend on LSE

Mixed sentiment prevailed at Lahore Stock Exchange on Wednesday where equities moved both ways amid volatile situation but finally made recovery on account of last hour buying in select shares. The LSE-25 index improved marginally by 6.95 points to close
Published 06 Oct, 2011 12:00am
Mixed trend on LSE

Mixed trend on LSE

Mixed sentiment prevailed at Lahore Stock Exchange on Wednesday where equities moved both ways amid volatile situation but finally made recovery on account of last hour buying in select shares. The LSE-25 index improved marginally by 6.95 points to close
Published 06 Oct, 2011 12:00am
ISE index sheds 6.68 points

ISE index sheds 6.68 points

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Wednesday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 6.68 points from 2,607.65 points to 2600.97 points. Turnover amounted to 360,170 shares as
Published 06 Oct, 2011 12:00am
ISE index sheds 6.68 points

ISE index sheds 6.68 points

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Wednesday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 6.68 points from 2,607.65 points to 2600.97 points. Turnover amounted to 360,170 shares as
Published 06 Oct, 2011 12:00am
Strategic partnership with India: Karzai seeks to reassure Pakistan

Strategic partnership with India: Karzai seeks to reassure Pakistan

Afghan President Hamid Karzai sought Wednesday to reassure Pakistan about his country's new strategic partnership with India, which risks raising fears in Islamabad of encirclement. The alliance sealed between Afghanistan and India on Tuesday - the first
Published 06 Oct, 2011 12:00am
Asif Sandila made Naval Chief

Asif Sandila made Naval Chief

The government on Wednesday promoted Vice Admiral Asif Sandila to the rank of Admiral, who will assume the charge of Pakistan Navy after the retirement of Admiral Noman Bashir. The decision was taken after Sandila met President Asif Ali Zardari at Aiwan-e
Published 06 Oct, 2011 12:00am
Asif Sandila made Naval Chief

Asif Sandila made Naval Chief

The government on Wednesday promoted Vice Admiral Asif Sandila to the rank of Admiral, who will assume the charge of Pakistan Navy after the retirement of Admiral Noman Bashir. The decision was taken after Sandila met President Asif Ali Zardari at Aiwan-e
Published 06 Oct, 2011 12:00am
Haqqani commander killed

Haqqani commander killed

The Nato-led force in Afghanistan said Wednesday it had killed another senior member of the al Qaeda-linked Haqqani netowrk in an air strike near the Pakistani border. The International Security Assistance Force (ISAF) identified the militant as Dilawar,
Published 06 Oct, 2011 12:00am
Haqqani commander killed

Haqqani commander killed

The Nato-led force in Afghanistan said Wednesday it had killed another senior member of the al Qaeda-linked Haqqani netowrk in an air strike near the Pakistani border. The International Security Assistance Force (ISAF) identified the militant as Dilawar,
Published 06 Oct, 2011 12:00am
FBR sets Rs 477 billion target for second quarter

FBR sets Rs 477 billion target for second quarter

The Federal Board of Revenue (FBR) has fixed nearly Rs 477.1 billion as revenue collection target for the second quarter (October-December) of 2011-12 under the plan to meet annual target of Rs 1952 billion for 2011-12. Sources told Business Recorder <
Published 06 Oct, 2011 12:00am
FBR sets Rs 477 billion target for second quarter

FBR sets Rs 477 billion target for second quarter

The Federal Board of Revenue (FBR) has fixed nearly Rs 477.1 billion as revenue collection target for the second quarter (October-December) of 2011-12 under the plan to meet annual target of Rs 1952 billion for 2011-12. Sources told Business Recorder <
Published 06 Oct, 2011 12:00am
FBR sets Rs 477 billion target for second quarter

FBR sets Rs 477 billion target for second quarter

The Federal Board of Revenue (FBR) has fixed nearly Rs 477.1 billion as revenue collection target for the second quarter (October-December) of 2011-12 under the plan to meet annual target of Rs 1952 billion for 2011-12. Sources told Business Recorder <
Published 06 Oct, 2011 12:00am
Turkey promises sanctions on Syria, despite UN vote

Turkey promises sanctions on Syria, despite UN vote

Turkey said on Wednesday it would impose sanctions on Syria despite the blocking of any UN measures against President Bashar al-Assad for his crackdown on dissent. Russia and China handed Assad a diplomatic victory on Tuesday by vetoing a Western-backed U
Published 06 Oct, 2011 12:00am
Turkey promises sanctions on Syria, despite UN vote

Turkey promises sanctions on Syria, despite UN vote

Turkey said on Wednesday it would impose sanctions on Syria despite the blocking of any UN measures against President Bashar al-Assad for his crackdown on dissent. Russia and China handed Assad a diplomatic victory on Tuesday by vetoing a Western-backed U
Published 06 Oct, 2011 12:00am
Commission questions Osama's widows, daughters

Commission questions Osama's widows, daughters

A commission investigating how Osama bin Laden lived undetected for years in the country has interviewed the al Qaeda leader's widows and daughters for the first time, it said Wednesday. The "exhaustive interview" of bin Laden's three widows and two of hi
Published 06 Oct, 2011 12:00am
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