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Archive - 2011-10-11
Wall St set to shrink as jobs cut
Top News

Wall St set to shrink as jobs cut

NEW YORK : The thousands of protesters camped out in New York 's financial district may not see it this way, but these
Published 11 Oct, 2011 09:00pm
Sufi conference held on Oct 13th
Arts

Sufi conference held on Oct 13th

FAISALABAD : Sufi conference under the aegis of Punjabi Department of Government College University, Faisalabad , will
Published 11 Oct, 2011 06:38pm
British couple win # 101m lottery
Top News

British couple win # 101m lottery

BISHOP'S STORTFORD: A British couple who won #101 million in the EuroMillions lottery said on Tuesday they would use the
Published 11 Oct, 2011 05:43pm
LSE index gains 6.04 points
Markets

LSE index gains 6.04 points

LAHORE : Lahore Stock Exchange (LSE) index gained 6.04 points on Tuesday, as LSE-25 index opened with 3261.98 and
Published 11 Oct, 2011 04:34pm
Inquiry Commission on Abbottabad meets
Top News

Inquiry Commission on Abbottabad meets

ISLAMABAD : A meeting of the Inquiry Commission on Abbottabad Operation was held in the Cabinet Division on Tuesday unde
Published 11 Oct, 2011 12:20pm
Thai Air Chief calls on CJCSC
Top News

Thai Air Chief calls on CJCSC

ISLAMABAD: Air Chief Marshal Itthaporn Subhawong, Commander-in-Chief Royal Thai Air Force called on General Khalid Sha
Published 11 Oct, 2011 12:00pm
Naval Chief calls on the President
Top News

Naval Chief calls on the President

ISLAMABAD: Chief of the Naval Staff Admiral Muhammad Asif Sandila called on President Asif Ali Zardari here at the Aiwan
Published 11 Oct, 2011 11:50am
Gold weak at Rs47,400 per 10 grams
Top News

Gold weak at Rs47,400 per 10 grams

KARACHI : Gold trimmed by Rs214 to Rs47,400 per 10 grams in the local market on Tuesday, as its international price slip
Published 11 Oct, 2011 11:45am
Exports surge by 18.68pc in three months
Top News

Exports surge by 18.68pc in three months

ISLAMABAD: Exports from the country surged by 18.68 percent during the first three months of the current fiscal year as
Published 11 Oct, 2011 09:50am
Crude mixed in Asia
Energy

Crude mixed in Asia

SINGAPORE: Crude prices were mixed in Asia Tuesday as traders cheered on a Franco-German debt rescue commitment and expo
Published 11 Oct, 2011 05:42am
Dealing with the energy mix
BR Research

Dealing with the energy mix

Frustrated citizens, protesting on the streets, have finally got some reason to be cooled down. Load shedding that had peaked sharply over t
Published 11 Oct, 2011 12:00am
Dealing with the energy mix
BR Research

Dealing with the energy mix

Frustrated citizens, protesting on the streets, have finally got some reason to be cooled down. Load shedding that had peaked sharply over t
Published 11 Oct, 2011 12:00am
Will 150 basis points cut spur growth?

Will 150 basis points cut spur growth?

Why is that a 150 bps cut will not stimulate economy? This is true that a discount rate cut is generally helpful for the economy, but in our case, however, it doesn''t. Time will prove that despite slashing discount rate to 12 percent, Pakistan''s economy
Published 11 Oct, 2011 12:00am
Trade deficit widens to $5.114 billion for first quarter

Trade deficit widens to $5.114 billion for first quarter

Country's trade deficit increased to $5.114 billion for the first quarter of current fiscal year, up by 28.78 per cent over $3.971 billion for the same period of last year, according to Federal Bureau of Statistics (FBS).
Published 11 Oct, 2011 12:00am
Trade deficit widens to $5.114 billion for first quarter

Trade deficit widens to $5.114 billion for first quarter

Country's trade deficit increased to $5.114 billion for the first quarter of current fiscal year, up by 28.78 per cent over $3.971 billion for the same period of last year, according to Federal Bureau of Statistics (FBS).
Published 11 Oct, 2011 12:00am
Trade deficit widens to $5.114 billion for first quarter

Trade deficit widens to $5.114 billion for first quarter

Country''s trade deficit increased to $5.114 billion for the first quarter of current fiscal year, up by 28.78 per cent over $3.971 billion for the same period of last year, according to Federal Bureau of Statistics (FBS).
Published 11 Oct, 2011 12:00am
LSE index up by 83.64 points

LSE index up by 83.64 points

Bullish sentiment dominated at Lahore Stock Exchange on Monday and equities registered gains amid ascending transaction volume on account fresh entries in oil and fertiliser sectors shares. The LSE-25 index rose to 3263.13 points against 3179.49 points of
Published 11 Oct, 2011 12:00am
LSE index up by 83.64 points

LSE index up by 83.64 points

Bullish sentiment dominated at Lahore Stock Exchange on Monday and equities registered gains amid ascending transaction volume on account fresh entries in oil and fertiliser sectors shares. The LSE-25 index rose to 3263.13 points against 3179.49 points of
Published 11 Oct, 2011 12:00am
ISE Index gains 81.27 points

ISE Index gains 81.27 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 81.27 points as the ISE Ten Index moved from 2,592.95
Published 11 Oct, 2011 12:00am
ISE Index gains 81.27 points

ISE Index gains 81.27 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 81.27 points as the ISE Ten Index moved from 2,592.95
Published 11 Oct, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 Oct, 2011 12:00am
Banks parking more cash with ECB

Banks parking more cash with ECB

Banks are parking more money overnight with the European Central Bank in a sign the eurozone debt crisis is unsettling the banking system. Banks deposited ¤255.6 billion ($347.1 billion) overnight Friday, the highest this year, the central bank said on Mo
Published 11 Oct, 2011 12:00am
New bank capital rules to have 'modest' GDP impact: BIS

New bank capital rules to have 'modest' GDP impact: BIS

The implementation of tough new capital rules for the world's biggest banks would have a "modest impact" on output, regulators said Monday, noting that their long-term benefits far outweigh their costs. "The transition to stronger capital standards on glo
Published 11 Oct, 2011 12:00am
People's Amn Committee banned

People's Amn Committee banned

Sindh Home Department banned People's Amn Committee, on Monday night, Aaj News reported. According to the channel, Sindh home department issued notification in this regard on late Monday night. According to the notification, the People's Amn Commit
Published 11 Oct, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 11 Oct, 2011 12:00am
People's Amn Committee banned

People's Amn Committee banned

Sindh Home Department banned People's Amn Committee, on Monday night, Aaj News reported. According to the channel, Sindh home department issued notification in this regard on late Monday night. According to the notification, the People's Amn Commit
Published 11 Oct, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Oct, 2011 12:00am
Indian Supreme Court stays Kasab death sentence

Indian Supreme Court stays Kasab death sentence

India's Supreme Court on Monday stayed the death sentence handed down to the lone surviving gunman from the 2008 attacks in Mumbai, pending an appeal hearing. "This case has to be heard on top priority," judge Aftab Alam told the court. "It is the demand
Published 11 Oct, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Oct, 2011 12:00am
Indian Supreme Court stays Kasab death sentence

Indian Supreme Court stays Kasab death sentence

India's Supreme Court on Monday stayed the death sentence handed down to the lone surviving gunman from the 2008 attacks in Mumbai, pending an appeal hearing. "This case has to be heard on top priority," judge Aftab Alam told the court. "It is the demand
Published 11 Oct, 2011 12:00am
Tests fix cost £1 million, said agent in Pakistan trial

Tests fix cost £1 million, said agent in Pakistan trial

A sports agent told an undercover reporter he could fix the results of cricket games using a stable of six Pakistani players, with a Test match costing £1 million to rig, a London court heard Monday. The claim emerged as Mazher Mahmood, the former investi
Published 11 Oct, 2011 12:00am
Tests fix cost £1 million, said agent in Pakistan trial

Tests fix cost £1 million, said agent in Pakistan trial

A sports agent told an undercover reporter he could fix the results of cricket games using a stable of six Pakistani players, with a Test match costing £1 million to rig, a London court heard Monday. The claim emerged as Mazher Mahmood, the former investi
Published 11 Oct, 2011 12:00am
NBP awarded 'Best Emerging Markets Bank 2011' in Asia

NBP awarded 'Best Emerging Markets Bank 2011' in Asia

The Global Finance Magazine has awarded National Bank of Pakistan "The Best Emerging Markets Bank 2011 in Asia". This was announced during an impressive award ceremony, held at National Press Club in Washington DC. The criteria for the said award was base
Published 11 Oct, 2011 12:00am
NBP awarded 'Best Emerging Markets Bank 2011' in Asia

NBP awarded 'Best Emerging Markets Bank 2011' in Asia

The Global Finance Magazine has awarded National Bank of Pakistan "The Best Emerging Markets Bank 2011 in Asia". This was announced during an impressive award ceremony, held at National Press Club in Washington DC. The criteria for the said award was base
Published 11 Oct, 2011 12:00am
NBP awarded ''Best Emerging Markets Bank 2011'' in Asia

NBP awarded ''Best Emerging Markets Bank 2011'' in Asia

The Global Finance Magazine has awarded National Bank of Pakistan "The Best Emerging Markets Bank 2011 in Asia". This was announced during an impressive award ceremony, held at National Press Club in Washington DC. The criteria for the said award was base
Published 11 Oct, 2011 12:00am
Remittances rise 24.6 percent in July-September

Remittances rise 24.6 percent in July-September

The overseas Pakistani workers' remittances increased by $650.9 million, or 24.60 percent, to $3,297.20 million in the first quarter (July-September) of the current fiscal year FY12 as compared to $2,646.30 million received during the same period in FY11.
Published 11 Oct, 2011 12:00am
Remittances rise 24.6 percent in July-September

Remittances rise 24.6 percent in July-September

The overseas Pakistani workers' remittances increased by $650.9 million, or 24.60 percent, to $3,297.20 million in the first quarter (July-September) of the current fiscal year FY12 as compared to $2,646.30 million received during the same period in FY11.
Published 11 Oct, 2011 12:00am
Remittances rise 24.6 percent in July-September

Remittances rise 24.6 percent in July-September

The overseas Pakistani workers'' remittances increased by $650.9 million, or 24.60 percent, to $3,297.20 million in the first quarter (July-September) of the current fiscal year FY12 as compared to $2,646.30 million received during the same period in FY11
Published 11 Oct, 2011 12:00am
Corruption: India probes second former minister

Corruption: India probes second former minister

Indian police said Monday they are formally investigating a second former telecoms minister over a hugely damaging scandal that has cost the country up to $39 billion and embarrassed the government. One ex-telecoms minister is already in custody and a pol
Published 11 Oct, 2011 12:00am
THE RUPEE: mixed pattern seen

THE RUPEE: mixed pattern seen

Mixed pattern was again seen on the currency market on Monday in process of trading, dealers said. The rupee shed five paisa against dollar for buying at 87.45 and slipped by three paisa for selling at 87.48, they said.
Published 11 Oct, 2011 12:00am
Corruption: India probes second former minister

Corruption: India probes second former minister

Indian police said Monday they are formally investigating a second former telecoms minister over a hugely damaging scandal that has cost the country up to $39 billion and embarrassed the government. One ex-telecoms minister is already in custody and a pol
Published 11 Oct, 2011 12:00am
THE RUPEE: mixed pattern seen

THE RUPEE: mixed pattern seen

Mixed pattern was again seen on the currency market on Monday in process of trading, dealers said. The rupee shed five paisa against dollar for buying at 87.45 and slipped by three paisa for selling at 87.48, they said.
Published 11 Oct, 2011 12:00am
Jagjit Singh passes away

Jagjit Singh passes away

Renowned Indian ghazal singer Jagjit Singh passed away on Monday at the age of 70 in the Intensive Care Unit of Mumbai Lilavati hospital in India due to brain haemorrhage. The singer was admitted in ICU and underwent emergency Nueoro surgery twice. Jagjit
Published 11 Oct, 2011 12:00am
Jagjit Singh passes away

Jagjit Singh passes away

Renowned Indian ghazal singer Jagjit Singh passed away on Monday at the age of 70 in the Intensive Care Unit of Mumbai Lilavati hospital in India due to brain haemorrhage. The singer was admitted in ICU and underwent emergency Nueoro surgery twice. Jagjit
Published 11 Oct, 2011 12:00am
Panel including former LHC Chief Justice to defend Qadri

Panel including former LHC Chief Justice to defend Qadri

A panel of lawyers headed by former Chief Justice Lahore High Court Khawaja Muhammad Sharif will defend Mumtaz Qadri, who assassinated Salmaan Taseer. The hearing of the appeal against the death sentence to Qadri will be heard by a two-member bench led by
Published 11 Oct, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 10, 2011).

Published 11 Oct, 2011 12:00am
Urea prices up by Rs 202 per 50kg bag

Urea prices up by Rs 202 per 50kg bag

The prices of urea has increased by Rs 202 per 50 kg bag due to gas curtailment to fertiliser plants, officials told Business Recorder. According to officials, the federal government has curtailed gas supply to four fertiliser plants namely Engro,
Published 11 Oct, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 10, 2011).

Published 11 Oct, 2011 12:00am
Prime Minister terms Balochistan's integrated development 'top priority'

Prime Minister terms Balochistan's integrated development 'top priority'

Prime Minister Syed Yousuf Raza Gilani on Monday described integrated development of Balochistan the top most priority of PPP-led federal government which is evident from the unprecedented increased share of the province in NFC Award, the employment quota
Published 11 Oct, 2011 12:00am
Alleged terrorist held, four hand grenades recovered

Alleged terrorist held, four hand grenades recovered

The capital police arrested an alleged terrorist, having connection with notorious terror gang, from the heart of the federal capital and also recovered four hand grenades from his possession. Qari Anayat, wanted to Islamabad police in two different cases
Published 11 Oct, 2011 12:00am
PML-N indecisive over Bokhari's nomination as NAB chief

PML-N indecisive over Bokhari's nomination as NAB chief

Pakistan Muslim League-Nawaz (PML-N) is indecisive whether or not to accept former Naval Chief Admiral Fasih Bokhari as chairman National Accountability Bureau (NAB), as the major opposition party has started deliberations over the name after the leader o
Published 11 Oct, 2011 12:00am
Speakers for revisiting foreign policy to protect sovereignty

Speakers for revisiting foreign policy to protect sovereignty

Speakers at a seminar here on Monday underlined the need for revisiting the country's foreign policy to protect its sovereignty against external threats. They were addressing a seminar "Violation and Threats to Pakistan's Sovereignty and Response," organi
Published 11 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 Monday (October 10, 2011).

Published 11 Oct, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (October 10, 2011).

Published 11 Oct, 2011 12:00am
Cable TV operators: FBR works out actual income formula

Cable TV operators: FBR works out actual income formula

The Federal Board of Revenue has worked out method of calculating actual income of the cable TV operators on the basis of the parameters laid down by the Directorate General of Intelligence and Investigation Inland Revenue (IR). The FBR has issued instruc
Published 11 Oct, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (October 10, 2011).

Published 11 Oct, 2011 12:00am
Bad loans to stabilise: HBL president

Bad loans to stabilise: HBL president

Habib Bank, Pakistan's second-largest lender by assets, said its non-performing or bad loans had peaked and would stabilise in the coming quarters. "NPL ratios in the overall banking sector have grown. Ours stand at 10 percent currently and net of provisi
Published 11 Oct, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (October 10, 2011).

Published 11 Oct, 2011 12:00am
AGM of Shifa International Hospital held

AGM of Shifa International Hospital held

Annual General Meeting of Shifa International Hospital, which held here, declared 15 percent dividend for the shareholders and approved its annual financial report. The AGM of Shifa International Hospital was scheduled for October 8, 2011, but on the same
Published 11 Oct, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (October 10, 2011).

Published 11 Oct, 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 Monday (October 10, 2011).

Published 11 Oct, 2011 12:00am
Joint committee to pursue issues of law and order, loadshedding

Joint committee to pursue issues of law and order, loadshedding

Seven industrial town associations of the city and Karachi Chamber of Commerce and Industry (KCCI) have decided to form a joint committee to pursue issues of law and order, electricity. The proposed committee comprises of president and senior vice-preside
Published 11 Oct, 2011 12:00am
Hot, dry weather likely today

Hot, dry weather likely today

The Met Office on Monday said that another shallow westerly wave was prevailing over the western parts of Pakistan and Afghanistan, however, forecasted a dry weather in the country during the next 24 hours. Hot and dry weather is likely in Karachi in the
Published 11 Oct, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (October 10, 2011).

Published 11 Oct, 2011 12:00am
UVAS, AIT develop consensus to build capacity standards

UVAS, AIT develop consensus to build capacity standards

The University of Veterinary and Animal Sciences and Asian Institute of Technology (AIT) have developed consensus to move towards strengthening academic relations in different disciplines and to launch dual degree programme in MBA as well as one-year cert
Published 11 Oct, 2011 12:00am
Standard Chartered named best International Trade Bank

Standard Chartered named best International Trade Bank

Standard Chartered has won "Best International Trade Bank in Pakistan" award for excellence from Euromoney for its outstanding performance in Trade Finance for the year 2011. The Standard Chartered trade team in Pakistan is recognised in the industry for
Published 11 Oct, 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 Monday (October 10, 2011).

Published 11 Oct, 2011 12:00am
NCL profit after tax rises to Rs 1.458 billion

NCL profit after tax rises to Rs 1.458 billion

The profit after taxation of Nishat (Chunian) has increased to Rs 1.458 billion in the year ended June 30, 2011 (FY11) as compared to Rs 1.001 billion earned in FY10. The company's earning per share (basic) increased to Rs 9.07 in the period under review
Published 11 Oct, 2011 12:00am
NCPL posts Rs 1.61 billion profit after tax

NCPL posts Rs 1.61 billion profit after tax

Nishat Chunian Power Limited has posted Rs 1,612.433 million as profit after tax in the year ended June 30, 2011 (FY11) as compared to after tax loss of Rs 7.757 million posted in FY10. The company's earning per share stood at Rs 4.389 in the period under
Published 11 Oct, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (October 10, 2011).

Published 11 Oct, 2011 12:00am
NCPL posts Rs 1.61 billion profit after tax

NCPL posts Rs 1.61 billion profit after tax

Nishat Chunian Power Limited has posted Rs 1,612.433 million as profit after tax in the year ended June 30, 2011 (FY11) as compared to after tax loss of Rs 7.757 million posted in FY10. The company's earning per share stood at Rs 4.389 in the period under
Published 11 Oct, 2011 12:00am
BQATI team meets Malik

BQATI team meets Malik

A delegation of Bin Qasim Association of Trade and Industry (BQATI) recently held a luncheon meeting with Federal Interior Minister Rehman Malik. The BQATI team included its Patron In-chief and Founder President Mian Muhammed Ahmed, President Usman Ahmed,
Published 11 Oct, 2011 12:00am
Three target killers among twelve suspects held

Three target killers among twelve suspects held

Law and Enforcement Agencies (LEAs) on Monday claimed to have detained 12 more suspects including three target killers in separate raids at various parts of the metropolis here. According to police sources, the Crime Investigation Agency (CIA) on a tipoff
Published 11 Oct, 2011 12:00am
PSMA concerned over introducing WeBOC system

PSMA concerned over introducing WeBOC system

Pakistan Soap Manufacturers Association (PSMA) has expressed concern over terminating PaCCS and introducing WeBOC system of the Federal Board of Revenue (FBR) which is time consuming as compared to PaCCS. It would result in immense losses to the national
Published 11 Oct, 2011 12:00am
Sindh Assembly session likely on October 20

Sindh Assembly session likely on October 20

The Sindh government is likely to call the provincial assembly's session on October 20 to present the much awaited local government bill to reverse the commissioner system law. Sources said on Monday that the Sindh government was expected to announce a no
Published 11 Oct, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (October 10, 2011) and for Tuesday (October 11, 2011).
Published 11 Oct, 2011 12:00am
President monitors flood relief activities in Mirpurkhas

President monitors flood relief activities in Mirpurkhas

President Asif Ali Zardari on Monday visited and interacted with the elected representatives as well as government officials concerned of the flood affected areas of Sindh and monitored the flood relief activities through satellite video conferencing from
Published 11 Oct, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (October 10, 2011).

Published 11 Oct, 2011 12:00am
Five hand grenades seized from Baldia Town

Five hand grenades seized from Baldia Town

Saeedabad police on Monday claimed to have recovered some five hand grenades from Dawood Goth of Baldia Town. According to police, the grenades were dumped because of ongoing search operations. They said the police on the information of area people of the
Published 11 Oct, 2011 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 11 Oct, 2011 12:00am
Four injured in PSF, IJT student groups' clash

Four injured in PSF, IJT student groups' clash

An armed clash between the workers of Pakhtun Students Federation (PSF) and Islami Jamiat Talba (IJT) at Swedish College left four students injured on Monday. According to police, all classes in the college were suspended when the workers of these student
Published 11 Oct, 2011 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 11 Oct, 2011 12:00am
Advisory to Hujjaj

Advisory to Hujjaj

Alhaj Siddiq Mehar Elahi has advised hujjaj to strictly observe Saudi law during their stay in Saudi Arabia. He was taking to hujjaj while seeing them off to Saudi Arabia. Mehar Elahi said that Hajjis are honorary ambassadors of Pakistan and they must bri
Published 11 Oct, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (October 10, 2011).

Published 11 Oct, 2011 12:00am
TTC begins classes in chemical, mechanical disciplines

TTC begins classes in chemical, mechanical disciplines

Technical Training College (TTC) set up by the Pakistan Chemical and Energy Sector Skills Development Company (PCESSDC) at Dharaki (Sindh) in collaboration with the private sector has started classes in chemical and mechanical disciplines, while classes f
Published 11 Oct, 2011 12:00am
The Weather

The Weather

The weather report on Monday (October 10, 2011) and the forecast for Tuesday (October 11, 2011).

Published 11 Oct, 2011 12:00am
Eight containers loaded with galvanised steel sheets seized

Eight containers loaded with galvanised steel sheets seized

Directorate General Intelligence and Investigation Federal Board of Revenue has seized eight containers loaded with galvanised steel sheets imported by a trading company in the garb of raw material used for the manufacture of goods locally by paying dutie
Published 11 Oct, 2011 12:00am
'Development work in FATA to continue'

'Development work in FATA to continue'

Governor Khyber Pakhtunkhwa Barrister Masood Kausar assured FATA Senators that development work in tribal areas would remain continued and furthered in consultation with FATA Senators. The government believes in democracy and people's empowerment and the
Published 11 Oct, 2011 12:00am
Five women killed in landslide

Five women killed in landslide

Five women were killed and three injured in a landslide incident in Kahrore Pakka area in Lodhran district on Monday. Rescue sources said that eight women labourers in Khanka Koh area of Kahrore Pakka were digging mud for construction of walls when they w
Published 11 Oct, 2011 12:00am
Dr Saghir felicitated

Dr Saghir felicitated

The steering committee of three devolved hospitals of the city felicitated the Provincial Health Minister Dr Saghir Ahmed on resumption of his office and sought strong expectations that the Minister would come forward to resolve the problems faced by JPMC
Published 11 Oct, 2011 12:00am
APTMA team to meet Tajikistan President today

APTMA team to meet Tajikistan President today

A six-member delegation of All Pakistan Textile Mills Association (APTMA) will call on President of Tajikistan Imam Ali Rehman on Tuesday (today). According to a press release, the APTMA delegation, led by central chairman Mohsin Aziz, will discuss bilate
Published 11 Oct, 2011 12:00am
A big 'no' to 'briefcase assemblers'

A big 'no' to 'briefcase assemblers'

Pakistan Association of Automotive Parts Accessories Manufacturers (PAAPAM) said on Monday that it welcomes new entrants in the auto sector but not "briefcase assemblers." Well informed sources told Business Recorder that the term 'briefcase assemb
Published 11 Oct, 2011 12:00am
Gilgit-Baltistan Governor calls on Prime Minister

Gilgit-Baltistan Governor calls on Prime Minister

Governor Gilgit-Baltistan Pir Syed Karam Ali Shah called on Prime Minister Syed Yousuf Raza Gilani and exchanged views on issues of governance and development projects in GB. The Governor briefed the Prime Minister on the development schemes in GB. The PM
Published 11 Oct, 2011 12:00am
Public procurements: CCP actions expose 'bid rigging' phenomenon

Public procurements: CCP actions expose 'bid rigging' phenomenon

The latest enforcement actions undertaken by the Competition Commission of Pakistan (CCP) have brought 'bid rigging' in public procurements to the limelight, raising concerns that the national economy is being inflicted annual loss worth billions of rupee
Published 11 Oct, 2011 12:00am
Khyber Pakhtunkhwa puts Abbottabad at top with 56 dengue patients

Khyber Pakhtunkhwa puts Abbottabad at top with 56 dengue patients

The Khyber-Pakhtunkhwa Health Department has put the district Abbottabad at top with 56 patients of dengue fever followed by Mansehra with 37, Peshawar 34, Haripur 29 and Matrdan 25. According to dengue fever report issued here on Monday said that more th
Published 11 Oct, 2011 12:00am
No closure of Pervez Musharraf Foundation: Sehba

No closure of Pervez Musharraf Foundation: Sehba

Chairperson of Pervez Musharraf Foundation and wife of former President and former First Lady, Begum Musharraf, has rejected allegations of any order to close down Pervez Musharraf Foundation. She dubbed the accusation as baseless and an attempt by powerf
Published 11 Oct, 2011 12:00am
FHIF & FHCF declare first interim dividend

FHIF & FHCF declare first interim dividend

The Board of Directors of Habib Asset Management Limited, the Management Company of FIRST HABIB INCOME FUND (FHIF) and FIRST HABIB CASH FUND (FHCF) has declared 1st Interim Dividend for the year ending June 30, 2012 for the Unit holders of FHIF & FHCF.
Published 11 Oct, 2011 12:00am
FHIF & FHCF declare first interim dividend

FHIF & FHCF declare first interim dividend

The Board of Directors of Habib Asset Management Limited, the Management Company of FIRST HABIB INCOME FUND (FHIF) and FIRST HABIB CASH FUND (FHCF) has declared 1st Interim Dividend for the year ending June 30, 2012 for the Unit holders of FHIF & FHCF.
Published 11 Oct, 2011 12:00am
President calls Railways ministry meeting today

President calls Railways ministry meeting today

Taking serious notice of the deteriorating trains' service across the country, President Asif Ali Zardari has called a meeting of Railways Ministry on Tuesday (today). The meeting of the Railways Ministry with President Zardari on Tuesday (today) will dis
Published 11 Oct, 2011 12:00am
Cultural activities paramount for peace: Mian Iftikhar

Cultural activities paramount for peace: Mian Iftikhar

Khyber-Pakhtunkhwa Minister for Information and Culture, Mian Iftikhar Hussain, said that the promotion of cultural activities is paramount for the establishment of peace and bringing tolerance in the society. Addressing at a cultural programme organised
Published 11 Oct, 2011 12:00am
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