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Archive - 2011-11-11
European stocks turn higher
Financial

European stocks turn higher

LONDON: European stock markets turned higher Friday in a technical bounce after recent heavy losses, getting a boost as
Published 11 Nov, 2011 04:46pm
PM says no return to guilder
Europe

PM says no return to guilder

AMSTERDAM: Dutch Prime Minister Mark Rutte on Friday shot down a political ally's proposal to abandon the euro and retur
Published 11 Nov, 2011 04:10pm
ISE-10 gains 51 points
Markets

ISE-10 gains 51 points

ISLAMABAD: The Islamabad Stock Exchange (ISE-10) on Friday witnessed bullish trend as the index gained 51.04 points to c
Published 11 Nov, 2011 02:50pm
KBP announces protest schedule
Markets

KBP announces protest schedule

LAHORE: Kisan Board Pakistan (KBP) has announced a schedule for protest demonstrations across the country against the bl
Published 11 Nov, 2011 01:39pm
Asia nucleus of economic growth
Top News

Asia nucleus of economic growth

LAHORE: The world economy has witnessed unprecedented changes and undoubtedly the changes in South Asia are going to inf
Published 11 Nov, 2011 01:09pm
Illegal occupation of Railways' land
Top News

Illegal occupation of Railways' land

ISLAMABAD: Sub-Committee of Senate Standing Committee on Railways in a meeting held here on Friday reviewed progress on
Published 11 Nov, 2011 12:55pm
French banks to reassure markets
Top News

French banks to reassure markets

PARIS: French banks such as BNP Paribas and Societe Generale, which suffered huge share-price declines in the summer as
Published 11 Nov, 2011 06:30am
Index gains 11.75 points
Markets

Index gains 11.75 points

RECORDER REPORT KARACHI: Late buying in some select stocks mainly by foreign investors on Thursday supported the KSE-
Published 11 Nov, 2011 06:00am
Euro-zone split may be needed: Slovakia
Top News

Euro-zone split may be needed: Slovakia

LONDON : Euro zone member Slovakia believes it might be better for some states to leave the currency if they cannot ma
Published 11 Nov, 2011 05:44am
IMF chief Lagarde to visit Japan
Top News

IMF chief Lagarde to visit Japan

TOKYO: The head of the International Monetary Fund was due in Tokyo on Friday, where she will meet Japan's finance minis
Published 11 Nov, 2011 05:44am
Advanced economy may face recession: IMF
Top News

Advanced economy may face recession: IMF

WASHINGTON: The International Monetary Fund on Friday warned that advanced economies could fall back into recession unle
Published 11 Nov, 2011 05:37am
CROs to facilitate corporate sector
Top News

CROs to facilitate corporate sector

KARACHI : The company registration offices (CROs) of the Securities and Exchange Commission of Pakistan (SECP) will ex
Published 11 Nov, 2011 05:00am
Tokyo stocks open up 0.53pc
Financial

Tokyo stocks open up 0.53pc

TOKYO: Tokyo stocks opened 0.53 percent higher on Friday amid a breather in the European debt crisis. The Nikkei index
Published 11 Nov, 2011 04:29am
Sugar barons have the last laugh
BR Research

Sugar barons have the last laugh

The phrase itter-sweet aptly characterises the relationship between the sugar industry and the concerned government authorities in the rece
Published 11 Nov, 2011 12:00am
EU: The teetering alliance
BR Research

EU: The teetering alliance

The eurozone appears to have secured a perpetual spot on the global media these days. After the fiasco over prospects of Greece, Italy has j
Published 11 Nov, 2011 12:00am
Palm Oil: going cheap!
BR Research

Palm Oil: going cheap!

Palm oil prices have tapered down in recent months as the havoc in advanced economies has market participants curbing forecasts for demand i
Published 11 Nov, 2011 12:00am
Siemens delivers cautious dividend on growth outlook

Siemens delivers cautious dividend on growth outlook

Siemens AG, a bellwether for the euro zone's largest economy, announced a smaller than expected dividend and forecast flat profit growth in 2012 after ending its year in a turbulent economic environment. The Munich-based maker of products ranging from fas
Published 11 Nov, 2011 12:00am
If Germans are stubborn on euro, blame Weimar

If Germans are stubborn on euro, blame Weimar

Anyone old enough to remember the Weimar Republic would only have been a child when hyperinflation wiped away savings in 1921-24, but the calamity is so ingrained in Germany's collective memory that it still shapes its thinking on the euro. Foreign leader
Published 11 Nov, 2011 12:00am
Poland targets 2012 deficit below 3.0 percent of GDP

Poland targets 2012 deficit below 3.0 percent of GDP

Poland will rein in its public deficit to below the EU-mandated 3.0 percent of the gross domestic product (GDP) in 2012, down from 6.5 percent forecast for 2011, the finance minister said on Thursday. "We're absolutely determined to maintain" this goal, F
Published 11 Nov, 2011 12:00am
Better crop prospects depresses cotton market

Better crop prospects depresses cotton market

Feelings that this season (August 2011-July 2012) cotton output may not be as bad as deemed earlier have weakend lint prices after the market opened on Thursday after prolonged Eid-ul-Azha holidays. Furthermore, unsettled economic and financial conditions
Published 11 Nov, 2011 12:00am
Better crop prospects depresses cotton market

Better crop prospects depresses cotton market

Feelings that this season (August 2011-July 2012) cotton output may not be as bad as deemed earlier have weakend lint prices after the market opened on Thursday after prolonged Eid-ul-Azha holidays. Furthermore, unsettled economic and financial conditions
Published 11 Nov, 2011 12:00am
Oil cake market rates

Oil cake market rates

The December vaida was up and January vaida was inert on the forward cottonseed oilcake market on Thursday in process of trading, dealers said. The December contract that had ended at Rs 1307.90 showed a variation of 30 paisa gain in the morning session a
Published 11 Nov, 2011 12:00am
Ukraine plans to export a record 27 million tonnes of grain in 2011-12

Ukraine plans to export a record 27 million tonnes of grain in 2011-12

Ukraine, which plans to export a record 27 million tonnes of grain in the 2011/12 season, exported 5.4 million tonnes from July to November 9, the Ukrainian Agrarian Confederation (UAC) grain lobby said on Thursday. "As of November 9, grain exports from U
Published 11 Nov, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 124,692 tonnes of cargo comprising 96,565 tonnes of import cargo and 28,127 tonnes of export cargo including 2,101 loaded & empty containers during last 48 hours ended at 0700 hours on Thursday.
Published 11 Nov, 2011 12:00am
Low soyaoil supply shifts demand to palm: Oil World

Low soyaoil supply shifts demand to palm: Oil World

Tight global soyaoil supplies and high prices are shifting global demand to palm oil but palm prices are also likely to rise in early 2012, Hamburg-based oilseeds analysts Oil World said on Tuesday. "With insufficient export supplies of soyaoil, consumers
Published 11 Nov, 2011 12:00am
Some rates change seen in slow trade on grain market

Some rates change seen in slow trade on grain market

Small business was witnessed on the wholesale grain market on Thursday in process of post-holiday session, dealers said. On the rice sector, Irri-6 Sindh low type was higher by Rs 50 to Rs 3150 while the fine type remained unchanged at Rs 3175, other item
Published 11 Nov, 2011 12:00am
US Midwest bids for corn, soya narrowly mixed

US Midwest bids for corn, soya narrowly mixed

Spot basis bids for corn and soyabeans were steady to narrowly mixed around the US Midwest on Wednesday as futures fell sharply and sales of each crop remained slow, dealers said. Farmers stayed on the sidelines as soya futures fell 1.6 percent and corn f
Published 11 Nov, 2011 12:00am
Message from President, Islamic Republic of Pakistan

Message from President, Islamic Republic of Pakistan

I wish to congratulate the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan (ICMAP) for raising awareness about best corporate practices by arranging such events to recognise and honour
Published 11 Nov, 2011 12:00am
Message from Prime Minister, Islamic Republic of Pakistan

Message from Prime Minister, Islamic Republic of Pakistan

I am glad to know that the Institute of Cost and Management Accountants of Pakistan and the Institute of Chartered Accountants of Pakistan have been regularly organising Best Corporate Repot Awards and are also bringing out a special newspaper supplement
Published 11 Nov, 2011 12:00am
Italy eyes unity cabinet as EU dithers on crisis

Italy eyes unity cabinet as EU dithers on crisis

Italy moved closer to a national unity government on Thursday, following Greece's lead in seeking a respected veteran technocrat to pilot painful economic reforms in an effort to avert a euro zone bond market meltdown. After five days of chaotic haggling,
Published 11 Nov, 2011 12:00am
Italy eyes unity cabinet as EU dithers on crisis

Italy eyes unity cabinet as EU dithers on crisis

Italy moved closer to a national unity government on Thursday, following Greece's lead in seeking a respected veteran technocrat to pilot painful economic reforms in an effort to avert a euro zone bond market meltdown. After five days of chaotic haggling,
Published 11 Nov, 2011 12:00am
Message from Governor, State Bank of Pakistan

Message from Governor, State Bank of Pakistan

I am pleased to learn that the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan (ICMAP) have kept the tradition of giving Best Corporate and Sustainability Report Awards. Being a profes
Published 11 Nov, 2011 12:00am
Italy eyes unity cabinet as EU dithers on crisis

Italy eyes unity cabinet as EU dithers on crisis

Italy moved closer to a national unity government on Thursday, following Greece''s lead in seeking a respected veteran technocrat to pilot painful economic reforms in an effort to avert a euro zone bond market meltdown. After five days of chaotic haggling
Published 11 Nov, 2011 12:00am
IMF chief calls for 'political clarity' in Greece, Italy

IMF chief calls for 'political clarity' in Greece, Italy

The head of the International Monetary Fund called Thursday for greater "political clarity" in Greece and Italy, after talks with Chinese leaders dominated by Europe's worsening debt crisis. Greece and Italy are grappling with domestic political upheaval
Published 11 Nov, 2011 12:00am
Message from President, Institute of Chartered Accountants of Pakistan

Message from President, Institute of Chartered Accountants of Pakistan

Let me congratulate the Joint committee of ICAP and ICMAP for holding the Best Corporate Awards ceremony for the 11th consecutive year. In the year 2000, these awards were launched with an intention to encourage corporate sector to improve their financial
Published 11 Nov, 2011 12:00am
IMF chief calls for 'political clarity' in Greece, Italy

IMF chief calls for 'political clarity' in Greece, Italy

The head of the International Monetary Fund called Thursday for greater "political clarity" in Greece and Italy, after talks with Chinese leaders dominated by Europe's worsening debt crisis. Greece and Italy are grappling with domestic political upheaval
Published 11 Nov, 2011 12:00am
Message from President, South Asian Federation of Accountants

Message from President, South Asian Federation of Accountants

Accounting for sustainability has now catapulted into the centre stage as the evolving agenda of the Professional Accountants be they be in practice or employed in business. The concept paper issued by the A4S in December 2006, raises very interesting iss
Published 11 Nov, 2011 12:00am
IMF chief calls for ''political clarity'' in Greece, Italy

IMF chief calls for ''political clarity'' in Greece, Italy

The head of the International Monetary Fund called Thursday for greater "political clarity" in Greece and Italy, after talks with Chinese leaders dominated by Europe''s worsening debt crisis. Greece and Italy are grappling with domestic political upheaval
Published 11 Nov, 2011 12:00am
Ministry may be allowed to execute 'Safe City Project'

Ministry may be allowed to execute 'Safe City Project'

Executive Committee of National Economic Council (Ecnec), scheduled to meet today (Friday) with Finance Minister, Dr Abdul Hafeez Shaikh in the chair, is likely to allow Interior Ministry to execute the controversial 'Safe City Project' as the Chinese spo
Published 11 Nov, 2011 12:00am
Ministry may be allowed to execute 'Safe City Project'

Ministry may be allowed to execute 'Safe City Project'

Executive Committee of National Economic Council (Ecnec), scheduled to meet today (Friday) with Finance Minister, Dr Abdul Hafeez Shaikh in the chair, is likely to allow Interior Ministry to execute the controversial 'Safe City Project' as the Chinese spo
Published 11 Nov, 2011 12:00am
Annual Report - A means for Corporate Governance and Transparency

Annual Report - A means for Corporate Governance and Transparency

The publication of timely annual report which fulfils the requirement of Companies Ordinance is an important tool for promoting accountability and transparency in the Corporate Reporting. Of course transparency is important only when shareholders are dive
Published 11 Nov, 2011 12:00am
Ministry may be allowed to execute ''Safe City Project''

Ministry may be allowed to execute ''Safe City Project''

Executive Committee of National Economic Council (Ecnec), scheduled to meet today (Friday) with Finance Minister, Dr Abdul Hafeez Shaikh in the chair, is likely to allow Interior Ministry to execute the controversial ''Safe City Project'' as the Chinese s
Published 11 Nov, 2011 12:00am
Ecnec to discuss, approve various projects today

Ecnec to discuss, approve various projects today

A meeting of the Executive Committee of the National Economic Council (ECNEC) will be held today (Friday) to discuss and approve projects relating to energy, higher education, transport, information technology and population welfare sectors. Finance Minis
Published 11 Nov, 2011 12:00am
New York cotton

New York cotton

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

Published 11 Nov, 2011 12:00am
Ecnec to discuss, approve various projects today

Ecnec to discuss, approve various projects today

A meeting of the Executive Committee of the National Economic Council (ECNEC) will be held today (Friday) to discuss and approve projects relating to energy, higher education, transport, information technology and population welfare sectors. Finance Minis
Published 11 Nov, 2011 12:00am
New York cotton

New York cotton

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

Published 11 Nov, 2011 12:00am
Ecnec to discuss, approve various projects today

Ecnec to discuss, approve various projects today

A meeting of the Executive Committee of the National Economic Council (ECNEC) will be held today (Friday) to discuss and approve projects relating to energy, higher education, transport, information technology and population welfare sectors. Finance Minis
Published 11 Nov, 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 11 Nov, 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 11 Nov, 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 Thursday (November 10, 2011).

Published 11 Nov, 2011 12:00am
Enforcement Plan 2011-12: FBR spells out strategy to reduce tax gap

Enforcement Plan 2011-12: FBR spells out strategy to reduce tax gap

The existing huge tax gap in the country could be narrowed down by taking enforcement action against unregistered non-filers, registered non-filers, registered stop-filers, registered short-filers and registered persons involved in non-payment/short payme
Published 11 Nov, 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 Thursday (November 10, 2011).

Published 11 Nov, 2011 12:00am
Enforcement Plan 2011-12: FBR spells out strategy to reduce tax gap

Enforcement Plan 2011-12: FBR spells out strategy to reduce tax gap

The existing huge tax gap in the country could be narrowed down by taking enforcement action against unregistered non-filers, registered non-filers, registered stop-filers, registered short-filers and registered persons involved in non-payment/short payme
Published 11 Nov, 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 Thursday (November 10, 2011).

Published 11 Nov, 2011 12:00am
Enforcement Plan 2011-12: FBR spells out strategy to reduce tax gap

Enforcement Plan 2011-12: FBR spells out strategy to reduce tax gap

The existing huge tax gap in the country could be narrowed down by taking enforcement action against unregistered non-filers, registered non-filers, registered stop-filers, registered short-filers and registered persons involved in non-payment/short payme
Published 11 Nov, 2011 12:00am
Iran 'will respond with full force' to any military threat

Iran 'will respond with full force' to any military threat

Iran "will respond with full force" to any attack - or even any threat of military action - the country's supreme leader said on Thursday, after Israel warned the world must act to prevent Tehran getting nuclear weapons. Iran "will respond with full force
Published 11 Nov, 2011 12:00am
Iran 'will respond with full force' to any military threat

Iran 'will respond with full force' to any military threat

Iran "will respond with full force" to any attack - or even any threat of military action - the country's supreme leader said on Thursday, after Israel warned the world must act to prevent Tehran getting nuclear weapons. Iran "will respond with full force
Published 11 Nov, 2011 12:00am
Appointments to superior judiciary: 10 out of 11 names approved by Panel

Appointments to superior judiciary: 10 out of 11 names approved by Panel

The parliamentary committee on judges' appointment has approved 10 out of the 11 names recommended by the Judicial Commission for appointments to the superior judiciary. The committee met here on Thursday with Senator Nayyar Hussain Bokhari in the chair.
Published 11 Nov, 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 Thursday (November 10, 2011).

Published 11 Nov, 2011 12:00am
Appointments to superior judiciary: 10 out of 11 names approved by Panel

Appointments to superior judiciary: 10 out of 11 names approved by Panel

The parliamentary committee on judges' appointment has approved 10 out of the 11 names recommended by the Judicial Commission for appointments to the superior judiciary. The committee met here on Thursday with Senator Nayyar Hussain Bokhari in the chair.
Published 11 Nov, 2011 12:00am
Gilani, Singh discuss all core issues

Gilani, Singh discuss all core issues

The prime ministers of India and Pakistan said Thursday they expected to open a "new chapter" at future talks between the rival nations after they met at a regional summit in the Maldives. India's Manmohan Singh and his Pakistani counterpart Yousuf Raza G
Published 11 Nov, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (November 10, 2011).
Published 11 Nov, 2011 12:00am
Gilani, Singh discuss all core issues

Gilani, Singh discuss all core issues

The prime ministers of India and Pakistan said Thursday they expected to open a "new chapter" at future talks between the rival nations after they met at a regional summit in the Maldives. India's Manmohan Singh and his Pakistani counterpart Yousuf Raza G
Published 11 Nov, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (November 10, 2011).

Published 11 Nov, 2011 12:00am
Prime Minister assures Saarc full support

Prime Minister assures Saarc full support

Prime Minister Syed Yousuf Raza Gilani Thursday while assuring Pakistan's full support to make Saarc a more effective organisation emphasised the need for effective implementation of decisions taken in the previous summits.
Published 11 Nov, 2011 12:00am
Prime Minister assures Saarc full support

Prime Minister assures Saarc full support

Prime Minister Syed Yousuf Raza Gilani Thursday while assuring Pakistan's full support to make Saarc a more effective organisation emphasised the need for effective implementation of decisions taken in the previous summits.
Published 11 Nov, 2011 12:00am
Rs 28 billion needed to rehabilitate Railways, Supreme Court told

Rs 28 billion needed to rehabilitate Railways, Supreme Court told

The Supreme Court was informed on Thursday that Rs 28 billion was required to rehabilitate Pakistan Railways and a major portion of the amount would be allocated towards the repair of locomotives. A two-member bench of Chief Justice Iftikhar Muhammad Chau
Published 11 Nov, 2011 12:00am
Rs 28 billion needed to rehabilitate Railways, Supreme Court told

Rs 28 billion needed to rehabilitate Railways, Supreme Court told

The Supreme Court was informed on Thursday that Rs 28 billion was required to rehabilitate Pakistan Railways and a major portion of the amount would be allocated towards the repair of locomotives. A two-member bench of Chief Justice Iftikhar Muhammad Chau
Published 11 Nov, 2011 12:00am
Rs 28 billion needed to rehabilitate Railways, Supreme Court told

Rs 28 billion needed to rehabilitate Railways, Supreme Court told

The Supreme Court was informed on Thursday that Rs 28 billion was required to rehabilitate Pakistan Railways and a major portion of the amount would be allocated towards the repair of locomotives. A two-member bench of Chief Justice Iftikhar Muhammad Chau
Published 11 Nov, 2011 12:00am
Index gains 11.75 points

Index gains 11.75 points

Late buying in some select stocks mainly by foreign investors on Thursday supported the KSE-100 index to close in positive at 11,969.05 points, marginally up by 11.75 points. Despite selling by local investors and institutions, the offshore participants r
Published 11 Nov, 2011 12:00am
Index gains 11.75 points

Index gains 11.75 points

Late buying in some select stocks mainly by foreign investors on Thursday supported the KSE-100 index to close in positive at 11,969.05 points, marginally up by 11.75 points. Despite selling by local investors and institutions, the offshore participants r
Published 11 Nov, 2011 12:00am
Index gains 11.75 points

Index gains 11.75 points

Late buying in some select stocks mainly by foreign investors on Thursday supported the KSE-100 index to close in positive at 11,969.05 points, marginally up by 11.75 points. Despite selling by local investors and institutions, the offshore participants r
Published 11 Nov, 2011 12:00am
BRIndex30 down by 24.77 points

BRIndex30 down by 24.77 points

On Thursday, BRIndex30 opened at 9,227.50. It touched an intraday high of 9,303.45 and an intraday low of 9,167.04 and closed at 9,202.73 which was -24.77 points or -0.27 percent lower than previous close. Total volume was 40,207,842, which was 82.51 perc
Published 11 Nov, 2011 12:00am
BRIndex30 down by 24.77 points

BRIndex30 down by 24.77 points

On Thursday, BRIndex30 opened at 9,227.50. It touched an intraday high of 9,303.45 and an intraday low of 9,167.04 and closed at 9,202.73 which was -24.77 points or -0.27 percent lower than previous close. Total volume was 40,207,842, which was 82.51 perc
Published 11 Nov, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (November 10, 2011).

Published 11 Nov, 2011 12:00am
Bearish sentiments prevail on LSE

Bearish sentiments prevail on LSE

Bearish sentiments prevailed on the Lahore Stock Exchange (LSE) on Thursday and the equities registered decline amid descending trading turnover due to lacking interest on the part of investors who remained on the sideline. The LSE-25 index was declined b
Published 11 Nov, 2011 12:00am
Bearish sentiments prevail on LSE

Bearish sentiments prevail on LSE

Bearish sentiments prevailed on the Lahore Stock Exchange (LSE) on Thursday and the equities registered decline amid descending trading turnover due to lacking interest on the part of investors who remained on the sideline. The LSE-25 index was declined b
Published 11 Nov, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 10.03 points, as the Index moved from 2,687.39 to 2677.36 points.
Published 11 Nov, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 10.03 points, as the Index moved from 2,687.39 to 2677.36 points.
Published 11 Nov, 2011 12:00am
Egypt closes pyramid to avoid 11/11/11 rituals

Egypt closes pyramid to avoid 11/11/11 rituals

Egypt will close the Great Pyramid of Giza on Friday to avoid any rituals by a group rumoured to have plans to mark the date of 11/11/11 at the site, an official said. The decision came "after much pressure" from Egyptian Internet users that strange ritua
Published 11 Nov, 2011 12:00am
Egypt closes pyramid to avoid 11/11/11 rituals

Egypt closes pyramid to avoid 11/11/11 rituals

Egypt will close the Great Pyramid of Giza on Friday to avoid any rituals by a group rumoured to have plans to mark the date of 11/11/11 at the site, an official said. The decision came "after much pressure" from Egyptian Internet users that strange ritua
Published 11 Nov, 2011 12:00am
Country's exports show 2.2 percent decline in October

Country's exports show 2.2 percent decline in October

The country's exports have shown 2.2 percent decline in October 2011 as compared to last corresponding period. According to a statement issued by Trade Development Authority of Pakistan (TDAP), Pakistan's exports during October 2011 were valued at US $1.8
Published 11 Nov, 2011 12:00am
Country's exports show 2.2 percent decline in October

Country's exports show 2.2 percent decline in October

The country's exports have shown 2.2 percent decline in October 2011 as compared to last corresponding period. According to a statement issued by Trade Development Authority of Pakistan (TDAP), Pakistan's exports during October 2011 were valued at US $1.8
Published 11 Nov, 2011 12:00am
Country''s exports show 2.2 percent decline in October

Country''s exports show 2.2 percent decline in October

The country''s exports have shown 2.2 percent decline in October 2011 as compared to last corresponding period. According to a statement issued by Trade Development Authority of Pakistan (TDAP), Pakistan''s exports during October 2011 were valued at US $1
Published 11 Nov, 2011 12:00am
Rabi assistance plan must not be further delayed: Zardari

Rabi assistance plan must not be further delayed: Zardari

President Asif Ali Zardari has directed that Rabi Assistance Plan be launched without any further delay in the rain-affected areas of Sindh and the availability of seeds to the farmers be ensured so that sowing of Rabi crop in lower as well as upper Sindh
Published 11 Nov, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (November 10, 2011).

Published 11 Nov, 2011 12:00am
Rabi assistance plan must not be further delayed: Zardari

Rabi assistance plan must not be further delayed: Zardari

President Asif Ali Zardari has directed that Rabi Assistance Plan be launched without any further delay in the rain-affected areas of Sindh and the availability of seeds to the farmers be ensured so that sowing of Rabi crop in lower as well as upper Sindh
Published 11 Nov, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (November 10, 2011).

Published 11 Nov, 2011 12:00am
Rabi assistance plan must not be further delayed: Zardari

Rabi assistance plan must not be further delayed: Zardari

President Asif Ali Zardari has directed that Rabi Assistance Plan be launched without any further delay in the rain-affected areas of Sindh and the availability of seeds to the farmers be ensured so that sowing of Rabi crop in lower as well as upper Sindh
Published 11 Nov, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (November 10, 2011).

Published 11 Nov, 2011 12:00am
SHC stops bank from auctioning mortgaged property

SHC stops bank from auctioning mortgaged property

A bench of Sindh High Court (SHC) on Thursday suspended auction of mortgaged properties by a local bank in a petition challenging suo motu powers of banks under Section 15 of the Financial Institution (s) (Recovery of Finances) Ordinance, 2001.
Published 11 Nov, 2011 12:00am
SHC stops bank from auctioning mortgaged property

SHC stops bank from auctioning mortgaged property

A bench of Sindh High Court (SHC) on Thursday suspended auction of mortgaged properties by a local bank in a petition challenging suo motu powers of banks under Section 15 of the Financial Institution (s) (Recovery of Finances) Ordinance, 2001.
Published 11 Nov, 2011 12:00am
SHC stops bank from auctioning mortgaged property

SHC stops bank from auctioning mortgaged property

A bench of Sindh High Court (SHC) on Thursday suspended auction of mortgaged properties by a local bank in a petition challenging suo motu powers of banks under Section 15 of the Financial Institution (s) (Recovery of Finances) Ordinance, 2001.
Published 11 Nov, 2011 12:00am
Lawmakers back Swiss government plan to seal US tax pact

Lawmakers back Swiss government plan to seal US tax pact

A Swiss parliamentary commission on Thursday recommended lawmakers back a proposal clarifying how Switzerland would hand over data on wealthy Americans suspected of cheating and dodging taxes at home. The proposal is designed to reinforce a double tax pac
Published 11 Nov, 2011 12:00am
Lawmakers back Swiss government plan to seal US tax pact

Lawmakers back Swiss government plan to seal US tax pact

A Swiss parliamentary commission on Thursday recommended lawmakers back a proposal clarifying how Switzerland would hand over data on wealthy Americans suspected of cheating and dodging taxes at home. The proposal is designed to reinforce a double tax pac
Published 11 Nov, 2011 12:00am
Lawmakers back Swiss government plan to seal US tax pact

Lawmakers back Swiss government plan to seal US tax pact

A Swiss parliamentary commission on Thursday recommended lawmakers back a proposal clarifying how Switzerland would hand over data on wealthy Americans suspected of cheating and dodging taxes at home. The proposal is designed to reinforce a double tax pac
Published 11 Nov, 2011 12:00am
Foreign reserves decline

Foreign reserves decline

The total liquid foreign reserves held by the country stood at $17,028.8 million on November 04, 2011 from $17,146.3 million on October 28, 2011. The foreign reserves held by the State Bank of Pakistan (SBP) reduced to $13,280.6 million on November 04, 20
Published 11 Nov, 2011 12:00am
Foreign reserves decline

Foreign reserves decline

The total liquid foreign reserves held by the country stood at $17,028.8 million on November 04, 2011 from $17,146.3 million on October 28, 2011. The foreign reserves held by the State Bank of Pakistan (SBP) reduced to $13,280.6 million on November 04, 20
Published 11 Nov, 2011 12:00am
Foreign reserves decline

Foreign reserves decline

The total liquid foreign reserves held by the country stood at $17,028.8 million on November 04, 2011 from $17,146.3 million on October 28, 2011. The foreign reserves held by the State Bank of Pakistan (SBP) reduced to $13,280.6 million on November 04, 20
Published 11 Nov, 2011 12:00am
Revamped zero-rating regime: commercial importers reject move

Revamped zero-rating regime: commercial importers reject move

The commercial importers have outrightly rejected revamped zero-rating regime notified under SRO.1012 (I) / 2011, imposing 5 percent sales tax on imports of raw materials/inputs used by five major export sectors, which has created a serious distortion in
Published 11 Nov, 2011 12:00am
Revamped zero-rating regime: commercial importers reject move

Revamped zero-rating regime: commercial importers reject move

The commercial importers have outrightly rejected revamped zero-rating regime notified under SRO.1012 (I) / 2011, imposing 5 percent sales tax on imports of raw materials/inputs used by five major export sectors, which has created a serious distortion in
Published 11 Nov, 2011 12:00am
Revamped zero-rating regime: commercial importers reject move

Revamped zero-rating regime: commercial importers reject move

The commercial importers have outrightly rejected revamped zero-rating regime notified under SRO.1012 (I) / 2011, imposing 5 percent sales tax on imports of raw materials/inputs used by five major export sectors, which has created a serious distortion in
Published 11 Nov, 2011 12:00am
Private firm in first take-over of British state hospital

Private firm in first take-over of British state hospital

A private firm in Britain was given the green light Thursday to take over the management of a debt-ridden state hospital, in the country's first such deal. Healthcare provider Circle, listed on the London Stock Exchange, has signed a 10-year contract wort
Published 11 Nov, 2011 12:00am
Private firm in first take-over of British state hospital

Private firm in first take-over of British state hospital

A private firm in Britain was given the green light Thursday to take over the management of a debt-ridden state hospital, in the country's first such deal. Healthcare provider Circle, listed on the London Stock Exchange, has signed a 10-year contract wort
Published 11 Nov, 2011 12:00am
Private firm in first take-over of British state hospital

Private firm in first take-over of British state hospital

A private firm in Britain was given the green light Thursday to take over the management of a debt-ridden state hospital, in the country''s first such deal. Healthcare provider Circle, listed on the London Stock Exchange, has signed a 10-year contract wor
Published 11 Nov, 2011 12:00am
British troops to start leaving Germany in January

British troops to start leaving Germany in January

Britain announced Thursday that it will begin withdrawing its 20,000 troops stationed in Germany next January, in plans that will end Britain's military presence there by 2020. The Ministry of Defence (MoD) revealed a calendar for withdrawal of troops fro
Published 11 Nov, 2011 12:00am
British troops to start leaving Germany in January

British troops to start leaving Germany in January

Britain announced Thursday that it will begin withdrawing its 20,000 troops stationed in Germany next January, in plans that will end Britain's military presence there by 2020. The Ministry of Defence (MoD) revealed a calendar for withdrawal of troops fro
Published 11 Nov, 2011 12:00am
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