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Archive - 2012-01-11
South Africa sweep to huge win
Cricket

South Africa sweep to huge win

PAARL: Hashim Amla hit a century before South Africa's opening bowlers sent Sri Lanka crashing as the host nation swept
Published 11 Jan, 2012 10:26pm
14 soldiers killed in Turbat ambush
Top News

14 soldiers killed in Turbat ambush

QUETTA: At least 14 paramilitary soldiers were killed when gunmen ambushed their vehicles in Baluchistan late Wednesday,
Published 11 Jan, 2012 08:41pm
ISE-10 stays bullish
Markets

ISE-10 stays bullish

ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Wednesday witnessed bullish trend as the index gained 2.11 points t
Published 11 Jan, 2012 03:44pm
Gold up at Rs47,957
Markets

Gold up at Rs47,957

KARACHI: Gold moved up by Rs129 to close at Rs47,957 per 10 grams in the local market Wednesday as its international pri
Published 11 Jan, 2012 02:17pm
SECP names independent directors
Top News

SECP names independent directors

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has re-nominated/re-appointed Muneer Kamal, Shazad G.
Published 11 Jan, 2012 01:16pm
Ghana inflation up slightly in December
Top News

Ghana inflation up slightly in December

ACCRA: Annual inflation in Ghana rose slightly to 8.58 percent in December from 8.55 percent recorded in November, the n
Published 11 Jan, 2012 12:42pm
MNA Azeem Daultana laid to rest
Top News

MNA Azeem Daultana laid to rest

KARACHI : Federal Parliamentary Secretary for Defence Azeem Ahmed Khan Daultana, who died in a road accident on Tuesday,
Published 11 Jan, 2012 10:29am
RECORDER REPORT: KSE mid day update
Top News

RECORDER REPORT: KSE mid day update

KARACHI: On Wednesday, until 12:45 P.M., KSE-100 Index value was 10,891.88 with a net negative change of -41.30 and volu
Published 11 Jan, 2012 09:10am
No rift in Indian camp: Dravid
Cricket

No rift in Indian camp: Dravid

PERTH: Senior batsman Rahul Dravid has dismissed claims of a rift in the Indian camp ahead of the third Test against Aus
Published 11 Jan, 2012 08:57am
RECORDER REPORT: KSE morning update
Top News

RECORDER REPORT: KSE morning update

KARACHI : After slight positive opening on Wednesday, KSE-100 index dropped into negative at 10,887 level, low 45 poi
Published 11 Jan, 2012 05:35am
500 mmcfd of LNG to be imported
Top News

500 mmcfd of LNG to be imported

ABDUL RASHEEED AZAD ISLAMABAD: The government decided to import 500 million cubic feet per day (mmcfd) liquefied natu
Published 11 Jan, 2012 05:27am
NA session tomorrow
Top News

NA session tomorrow

RECORDER REPORT ISLAMABAD : A National Assembly session will be held on Jan 12 to discuss the situation arising out o
Published 11 Jan, 2012 05:23am
500 mmcfd of LNG to be imported

500 mmcfd of LNG to be imported

The government on Tuesday decided to import 500 million cubic feet per day (mmcfd) liquefied natural gas (LNG) from Qatar, and a four-member Petroleum Ministry delegation would visit Qatar to strike a deal on LNG price. This was stated by Minister Petrole
Published 11 Jan, 2012 12:00am
500 mmcfd of LNG to be imported

500 mmcfd of LNG to be imported

The government on Tuesday decided to import 500 million cubic feet per day (mmcfd) liquefied natural gas (LNG) from Qatar, and a four-member Petroleum Ministry delegation would visit Qatar to strike a deal on LNG price. This was stated by Minister Petrole
Published 11 Jan, 2012 12:00am
500 mmcfd of LNG to be imported

500 mmcfd of LNG to be imported

The government on Tuesday decided to import 500 million cubic feet per day (mmcfd) liquefied natural gas (LNG) from Qatar, and a four-member Petroleum Ministry delegation would visit Qatar to strike a deal on LNG price. This was stated by Minister Petrole
Published 11 Jan, 2012 12:00am
MPs assets, liabilities: FBR, ECP to evolve mechanism for information

MPs assets, liabilities: FBR, ECP to evolve mechanism for information

The Federal Board of Revenue (FBR) and Election Commission of Pakistan (ECP) have decided to jointly chalk out an effective mechanism for obtaining accurate information from political parties about their declared campaign expenses during elections and sha
Published 11 Jan, 2012 12:00am
MPs assets, liabilities: FBR, ECP to evolve mechanism for information

MPs assets, liabilities: FBR, ECP to evolve mechanism for information

The Federal Board of Revenue (FBR) and Election Commission of Pakistan (ECP) have decided to jointly chalk out an effective mechanism for obtaining accurate information from political parties about their declared campaign expenses during elections and sha
Published 11 Jan, 2012 12:00am
MPs assets, liabilities: FBR, ECP to evolve mechanism for information

MPs assets, liabilities: FBR, ECP to evolve mechanism for information

The Federal Board of Revenue (FBR) and Election Commission of Pakistan (ECP) have decided to jointly chalk out an effective mechanism for obtaining accurate information from political parties about their declared campaign expenses during elections and sha
Published 11 Jan, 2012 12:00am
EU, Japan prepare for Iran oil embargo

EU, Japan prepare for Iran oil embargo

Europe and Japan moved ahead on Tuesday in planning for punitive cuts in oil imports from Iran, where a senior official dismissed Western anger at news Tehran is enriching uranium deep underground as cover for ulterior motives.
Published 11 Jan, 2012 12:00am
EU, Japan prepare for Iran oil embargo

EU, Japan prepare for Iran oil embargo

Europe and Japan moved ahead on Tuesday in planning for punitive cuts in oil imports from Iran, where a senior official dismissed Western anger at news Tehran is enriching uranium deep underground as cover for ulterior motives.
Published 11 Jan, 2012 12:00am
EU, Japan prepare for Iran oil embargo

EU, Japan prepare for Iran oil embargo

Europe and Japan moved ahead on Tuesday in planning for punitive cuts in oil imports from Iran, where a senior official dismissed Western anger at news Tehran is enriching uranium deep underground as cover for ulterior motives.
Published 11 Jan, 2012 12:00am
Geithner seeks Chinese support

Geithner seeks Chinese support

US Treasury Secretary Timothy Geithner is making Washington's case for stricter sanctions on Iran during a visit this week to China, the largest consumer of Iranian oil. His trip is the latest step in accelerating US efforts to stem Iran's flow of oil rev
Published 11 Jan, 2012 12:00am
Geithner seeks Chinese support

Geithner seeks Chinese support

US Treasury Secretary Timothy Geithner is making Washington's case for stricter sanctions on Iran during a visit this week to China, the largest consumer of Iranian oil. His trip is the latest step in accelerating US efforts to stem Iran's flow of oil rev
Published 11 Jan, 2012 12:00am
Geithner seeks Chinese support

Geithner seeks Chinese support

US Treasury Secretary Timothy Geithner is making Washington''s case for stricter sanctions on Iran during a visit this week to China, the largest consumer of Iranian oil. His trip is the latest step in accelerating US efforts to stem Iran''s flow of oil r
Published 11 Jan, 2012 12:00am
July-December remittances rise by 19.54 percent

July-December remittances rise by 19.54 percent

Overseas Pakistanis remitted $6.325 billion in the first half (July-December 2011) of the current fiscal year 2011-12 (FY12), showing an increase of $1.034 billion, or 19.54 percent, when compared with $5.291 billion of July-December 2010.
Published 11 Jan, 2012 12:00am
July-December remittances rise by 19.54 percent

July-December remittances rise by 19.54 percent

Overseas Pakistanis remitted $6.325 billion in the first half (July-December 2011) of the current fiscal year 2011-12 (FY12), showing an increase of $1.034 billion, or 19.54 percent, when compared with $5.291 billion of July-December 2010.
Published 11 Jan, 2012 12:00am
July-December remittances rise by 19.54 percent

July-December remittances rise by 19.54 percent

Overseas Pakistanis remitted $6.325 billion in the first half (July-December 2011) of the current fiscal year 2011-12 (FY12), showing an increase of $1.034 billion, or 19.54 percent, when compared with $5.291 billion of July-December 2010.
Published 11 Jan, 2012 12:00am
Index sheds 107.13 points

Index sheds 107.13 points

Uncertainty on political front on Tuesday invited panic selling on the Karachi share market and the KSE-100 index declined by 107.13 points to close at 10,933.18 points. The market opened in deep red and the index hit 10,768.60 points intra-day low level,
Published 11 Jan, 2012 12:00am
Index sheds 107.13 points

Index sheds 107.13 points

Uncertainty on political front on Tuesday invited panic selling on the Karachi share market and the KSE-100 index declined by 107.13 points to close at 10,933.18 points. The market opened in deep red and the index hit 10,768.60 points intra-day low level,
Published 11 Jan, 2012 12:00am
Index sheds 107.13 points

Index sheds 107.13 points

Uncertainty on political front on Tuesday invited panic selling on the Karachi share market and the KSE-100 index declined by 107.13 points to close at 10,933.18 points. The market opened in deep red and the index hit 10,768.60 points intra-day low level,
Published 11 Jan, 2012 12:00am
BRIndex30 down 50.08 points

BRIndex30 down 50.08 points

On Tuesday, BRIndex30 opened at 8,241.99 points and remained negative throughout the trading session except for the first few minutes after market opening. It touched an intraday high of 8,253.68 points and an intraday low of 8,042.82 points and closed at
Published 11 Jan, 2012 12:00am
BRIndex30 down 50.08 points

BRIndex30 down 50.08 points

On Tuesday, BRIndex30 opened at 8,241.99 points and remained negative throughout the trading session except for the first few minutes after market opening. It touched an intraday high of 8,253.68 points and an intraday low of 8,042.82 points and closed at
Published 11 Jan, 2012 12:00am
Exports down 11.5 percent in December 2011

Exports down 11.5 percent in December 2011

Pakistan's exports during December 2011 were valued at US $1.854 billion, which was 11.5 percent lower than US $2.094 billion during December 2010. Imports during December 2011 were valued at US $4.261 billion registering a growth of 13.6 percent over the
Published 11 Jan, 2012 12:00am
Exports down 11.5 percent in December 2011

Exports down 11.5 percent in December 2011

Pakistan's exports during December 2011 were valued at US $1.854 billion, which was 11.5 percent lower than US $2.094 billion during December 2010. Imports during December 2011 were valued at US $4.261 billion registering a growth of 13.6 percent over the
Published 11 Jan, 2012 12:00am
Exports down 11.5 percent in December 2011

Exports down 11.5 percent in December 2011

Pakistan''s exports during December 2011 were valued at US $1.854 billion, which was 11.5 percent lower than US $2.094 billion during December 2010. Imports during December 2011 were valued at US $4.261 billion registering a growth of 13.6 percent over th
Published 11 Jan, 2012 12:00am
7.3 magnitude quake strikes off western Indonesia

7.3 magnitude quake strikes off western Indonesia

An earthquake with a magnitude of 7.3 struck off the west coast of Indonesia's Northern Sumatra on Wednesday, the US Geological Survey reported. A tsunami warning has been issued by the Pacific Tsunami Warning Center. The quake, which had a depth of 29 ki
Published 11 Jan, 2012 12:00am
Bearish sentiments prevail on LSE

Bearish sentiments prevail on LSE

Bearish sentiments dominated on the Lahore Stock Exchange (LSE) on Tuesday and the equities registered declines amid ascending transaction volume on account of selling pressure in oil and banking sectors' shares. The LSE-25 index further lost 14.42 points
Published 11 Jan, 2012 12:00am
Bearish sentiments prevail on LSE

Bearish sentiments prevail on LSE

Bearish sentiments dominated on the Lahore Stock Exchange (LSE) on Tuesday and the equities registered declines amid ascending transaction volume on account of selling pressure in oil and banking sectors' shares. The LSE-25 index further lost 14.42 points
Published 11 Jan, 2012 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 27.16 points, as the Index moved from 2,415.16 to 2,388.00 points.
Published 11 Jan, 2012 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 27.16 points, as the Index moved from 2,415.16 to 2,388.00 points.
Published 11 Jan, 2012 12:00am
Jamrud Bazaar blast kills 35

Jamrud Bazaar blast kills 35

At least 35 persons were killed and 35 injured in a car bomb blast in Jamrud Baazar, Khyber Agency on Tuesday. After the blast, the injured were rushed to Hayatabad Medical Complex (HMC) and other hospitals of Peshawar for treatment, where the conditions
Published 11 Jan, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 Jan, 2012 12:00am
Jamrud Bazaar blast kills 35

Jamrud Bazaar blast kills 35

At least 35 persons were killed and 35 injured in a car bomb blast in Jamrud Baazar, Khyber Agency on Tuesday. After the blast, the injured were rushed to Hayatabad Medical Complex (HMC) and other hospitals of Peshawar for treatment, where the conditions
Published 11 Jan, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 11 Jan, 2012 12:00am
British government to give Scotland power to hold independence vote

British government to give Scotland power to hold independence vote

The British government said Tuesday it would give Scotland the legal powers to hold a referendum on independence, after holding a consultation on how soon the vote should happen. Prime Minister David Cameron's government said a vote should be held on the
Published 11 Jan, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Jan, 2012 12:00am
British government to give Scotland power to hold independence vote

British government to give Scotland power to hold independence vote

The British government said Tuesday it would give Scotland the legal powers to hold a referendum on independence, after holding a consultation on how soon the vote should happen. Prime Minister David Cameron's government said a vote should be held on the
Published 11 Jan, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Jan, 2012 12:00am
Four IR officers named in ST refund fraud

Four IR officers named in ST refund fraud

The Directorate-General, Intelligence and Investigation (DGI&I) of Federal Board of Revenue (FBR), Karachi, on Tuesday nominated four Inland Revenue officers for alleged involvement in multibillion rupees sales tax refunds fraud. According to sources, the
Published 11 Jan, 2012 12:00am
Four IR officers named in ST refund fraud

Four IR officers named in ST refund fraud

The Directorate-General, Intelligence and Investigation (DGI&I) of Federal Board of Revenue (FBR), Karachi, on Tuesday nominated four Inland Revenue officers for alleged involvement in multibillion rupees sales tax refunds fraud. According to sources, the
Published 11 Jan, 2012 12:00am
Four IR officers named in ST refund fraud

Four IR officers named in ST refund fraud

The Directorate-General, Intelligence and Investigation (DGI&I) of Federal Board of Revenue (FBR), Karachi, on Tuesday nominated four Inland Revenue officers for alleged involvement in multibillion rupees sales tax refunds fraud. According to sources, the
Published 11 Jan, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (January 10, 2012).

Published 11 Jan, 2012 12:00am
Power sector deficit about $2 billion a year: World Bank

Power sector deficit about $2 billion a year: World Bank

The power sector deficit in Pakistan is about $2 billion a year, compared with $32 billion of investment needs in 2010-20, while domestic firms face high levels of corruption in a range of interactions with public officials with more than half expected to
Published 11 Jan, 2012 12:00am
Power sector deficit about $2 billion a year: World Bank

Power sector deficit about $2 billion a year: World Bank

The power sector deficit in Pakistan is about $2 billion a year, compared with $32 billion of investment needs in 2010-20, while domestic firms face high levels of corruption in a range of interactions with public officials with more than half expected to
Published 11 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (January 10, 2012).

Published 11 Jan, 2012 12:00am
Power sector deficit about $2 billion a year: World Bank

Power sector deficit about $2 billion a year: World Bank

The power sector deficit in Pakistan is about $2 billion a year, compared with $32 billion of investment needs in 2010-20, while domestic firms face high levels of corruption in a range of interactions with public officials with more than half expected to
Published 11 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (January 10, 2012).

Published 11 Jan, 2012 12:00am
Troubled areas of country: PBS seeks LEAs' support towards census

Troubled areas of country: PBS seeks LEAs' support towards census

Pakistan Bureau of Statistics (PBS) has asked the government to provide security and support to enumerators for conducting Housing and Population Census in troubled areas of the country. The Chief Census Commissioner said that some areas of the country we
Published 11 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (January 10, 2012).

Published 11 Jan, 2012 12:00am
Troubled areas of country: PBS seeks LEAs' support towards census

Troubled areas of country: PBS seeks LEAs' support towards census

Pakistan Bureau of Statistics (PBS) has asked the government to provide security and support to enumerators for conducting Housing and Population Census in troubled areas of the country. The Chief Census Commissioner said that some areas of the country we
Published 11 Jan, 2012 12:00am
THE RUPEE: all-round decline

THE RUPEE: all-round decline

The rupee was down against dollar and euro on currency market on Monday, they said. The rupee drifted lower by 15 paisa in relation to dollar for buying and selling at 90.75 and 90.80, they said.
Published 11 Jan, 2012 12:00am
Prime Minister approves reconstitution of PNSC BoD

Prime Minister approves reconstitution of PNSC BoD

Prime Minister, Syed Yousuf Raza Gilani, on the recommendation of the Ministry of Ports and Shipping, has approved reconstitution of board of directors of Pakistan National Shipping Corporation with Vice Admiral, Saleem Ahmed Menai (Retd) Chairman, PNSC a
Published 11 Jan, 2012 12:00am
THE RUPEE: all-round decline

THE RUPEE: all-round decline

The rupee was down against dollar and euro on currency market on Monday, they said. The rupee drifted lower by 15 paisa in relation to dollar for buying and selling at 90.75 and 90.80, they said.
Published 11 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 10, 2012).

Published 11 Jan, 2012 12:00am
'Syed Hajver Tasawwaf' seminar

'Syed Hajver Tasawwaf' seminar

Punjab University Department of Arabic organised two-day Syed Hajver Tasawwaf Seminar in collaboration with provincial Ministry of Religious Affairs and Auqaf, in connection with 968th annual urs of Hazrat Data Gunj Bukhsh. President Azad Jammu & Kashmir,
Published 11 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 10, 2012).

Published 11 Jan, 2012 12:00am
PPP MNA dies in road accident

PPP MNA dies in road accident

Pakistan Peoples Party's MNA and parliamentary secretary on Information, Mian Muhammad Azeem Khan Daultana was killed in an accident in the wee hours of Tuesday. According to the police, he was on his way to Vehari when he met a fatal accident on Kot Wali
Published 11 Jan, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (January 10, 2012).

Published 11 Jan, 2012 12:00am
President and Prime Minister grieved over death

President and Prime Minister grieved over death

President Asif Ali Zardari and Prime Minister Syed Yousuf Raza Gilani on Tuesday expressed deep grief over the death of Parliamentary Secretary for Defence, Mian Azeem Khan Daultana. In their separate messages, President Zardari and Prime Minister Gilani
Published 11 Jan, 2012 12:00am
Seminar on CNG cylinders

Seminar on CNG cylinders

Helpline Trust in collaboration with National Forum for Environment and Health (NFEH) will organise a seminar on CNG cylinders "Suicide Bomber" on January 17, 2012 at local hotel. Stakeholders including provincial Transport Minister Akhtar Jadoon will be
Published 11 Jan, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (January 10, 2012).

Published 11 Jan, 2012 12:00am
JCR revises stability rating of ABL Fund

JCR revises stability rating of ABL Fund

JCR-VIS Credit Rating Company Ltd (JCR-VIS) has revised the Fund Stability Rating of ABL Islamic income Fund (formerly ABL Islamic Cash Fund) from 'AA (f)' (Double A (f)) to 'A+(f)' (Single A Plus (f)). The Rating Watch - Developing' status has been remov
Published 11 Jan, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (January 10, 2012) and for Wednesday (January 11, 2012).
Published 11 Jan, 2012 12:00am
JCR revises stability rating of ABL Fund

JCR revises stability rating of ABL Fund

JCR-VIS Credit Rating Company Ltd (JCR-VIS) has revised the Fund Stability Rating of ABL Islamic income Fund (formerly ABL Islamic Cash Fund) from 'AA (f)' (Double A (f)) to 'A+(f)' (Single A Plus (f)). The Rating Watch - Developing' status has been remov
Published 11 Jan, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (January 10, 2012).

Published 11 Jan, 2012 12:00am
Cold and dry weather expected in most parts of country

Cold and dry weather expected in most parts of country

The met office on Tuesday said cold and dry weather is expected in most parts of the country in the next 24 hours. However, it says isolated rain may occur in Makran division, besides severe cold wave conditions would persist for the next two days in uppe
Published 11 Jan, 2012 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 11 Jan, 2012 12:00am
Memo scandal: 'state organs must function within constitutional limits'

Memo scandal: 'state organs must function within constitutional limits'

Nearly a hundred members of several civil society organisations held a discussion on the situation created by the memo affair at the Human Rights Commission of Pakistan auditorium and came to the conclusion that all state organs and institutions must func
Published 11 Jan, 2012 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 11 Jan, 2012 12:00am
The Weather

The Weather

The weather report on Tuesday (January 10, 2012) and the forecast for Wednesday (January 11, 2012).

Published 11 Jan, 2012 12:00am
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