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Archive - 2012-01-24
Canadian shoppers prop up economy in Q4
Top News

Canadian shoppers prop up economy in Q4

OTTAWA : Consumers look set to be the main drivers of Canada 's economic growth after a report on Friday showed retail
Published 24 Jan, 2012 06:46pm
France considers Afghan pullout
Europe

France considers Afghan pullout

PARIS: France said on Tuesday it would wait until Afghan President Hamid Karzai visited Paris on Friday before deciding
Published 24 Jan, 2012 06:38pm
Zambia dissolves board of Libya
Africa

Zambia dissolves board of Libya

LUSAKA: Zambia has dissolved the board of Libya-controlled Zamtel and appointed a new acting CEO, the government said on
Published 24 Jan, 2012 05:24pm
‘Unscheduled load shedding ends’
Top News

‘Unscheduled load shedding ends’

ISLAMABAD: Federal Minister for Water and Power Syed Naveed Qamar on Tuesday said that unscheduled load shedding, both f
Published 24 Jan, 2012 04:50pm
COAS, DG ISI meet PM Gilani
Top News

COAS, DG ISI meet PM Gilani

ISLAMABAD: Chief of Army Staff (COAS) General Ashfaq Parvez Kayani, DG ISI Lt. Gen. Ahmed Shuja Pasha met with the Prime
Published 24 Jan, 2012 03:13pm
ISE-10 stays bearish
Markets

ISE-10 stays bearish

ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Tuesday witnessed bearish trend as the index shed 15.82 points to c
Published 24 Jan, 2012 02:35pm
RECORDER REPORT: KSE close of day
Top News

RECORDER REPORT: KSE close of day

KARACHI : After witnessing a bull run during the seven trading sessions, the investors on Tuesday opted for profit takin
Published 24 Jan, 2012 02:04pm
Brazil's inflation higher than expected
Top News

Brazil's inflation higher than expected

SAO PAULO: Brazilian inflation was higher than expected in the month through mid-January, which could complicate the gov
Published 24 Jan, 2012 12:12pm
RECORDER REPORT: KSE mid day update
Top News

RECORDER REPORT: KSE mid day update

KARACHI: On Tuesday, until 12:40 P.M., KSE-100 Index was at 12,051.94 with a net positive change of 14.28 and volume of
Published 24 Jan, 2012 08:00am
Australia 335 for 3 at close
Cricket

Australia 335 for 3 at close

ADELAIDE: Australia were 335 for three at the close after winning the toss on the opening day of the fourth and final Te
Published 24 Jan, 2012 07:33am
Australian stocks close flat
Financial

Australian stocks close flat

SYDNEY: Australian stocks closed flat Tuesday, erasing early gains on a report that debt-ridden Portugal may need a seco
Published 24 Jan, 2012 05:55am
Australia 98 for 3 at lunch
Cricket

Australia 98 for 3 at lunch

ADELAIDE: Australia were 98 for three at lunch after winning the toss on the opening day of the fourth and final Test ag
Published 24 Jan, 2012 04:25am
Aitzaz hits back at Ramday's remarks
Top News

Aitzaz hits back at Ramday's remarks

RECORDER REPORT LAHORE: Prime Minister Yousuf Raza Gilani's counsel and a PPP leader Chaudhry Aitzaz Ahsan has insist
Published 24 Jan, 2012 04:14am
Rise in POL prices likely
Top News

Rise in POL prices likely

ABDUL RASHEED AZAD ISLAMABAD: The government has planned to raise prices of petroleum products ranging between Rs 3 a
Published 24 Jan, 2012 04:10am
Oil prices mixed in Asian trade
Energy

Oil prices mixed in Asian trade

SINGAPORE: Crude prices were mixed in Asian trade Tuesday on rising tensions in the Middle East after the European Union
Published 24 Jan, 2012 03:56am
World Future Energy Summit 2012
BR Research

World Future Energy Summit 2012

For those who know little about the World Future Energy Summit, WFES is a business platform for the development of renewable energy through
Published 24 Jan, 2012 12:00am
SBP and financial inclusion
BR Research

SBP and financial inclusion

Inaccessibility to financial services is considered a serious threat to the economic progress of any country. For this reason, enhancing the
Published 24 Jan, 2012 12:00am
BRIndex30 up by 296.69 points

BRIndex30 up by 296.69 points

On Monday, BRIndex30 opened at 8,847.90 and remained positive throughout the trading session. It touched an intraday high of 9,176.92 and an intraday Low of 9,004.69 and closed at 9,144.59 which was 296.69 points or 3.35 percent higher than previous close
Published 24 Jan, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 24 Jan, 2012 12:00am
BRIndex30 up by 296.69 points

BRIndex30 up by 296.69 points

On Monday, BRIndex30 opened at 8,847.90 and remained positive throughout the trading session. It touched an intraday high of 9,176.92 and an intraday Low of 9,004.69 and closed at 9,144.59 which was 296.69 points or 3.35 percent higher than previous close
Published 24 Jan, 2012 12:00am
Rise in POL prices likely

Rise in POL prices likely

The government has planned to raise prices of petroleum products ranging between Rs 3 and Rs 6.45 per litre, effective from February 1, 2012. According to sources in the Ministry of Petroleum and Natural Resources, oil prices in the Persian Gulf are conti
Published 24 Jan, 2012 12:00am
Rise in POL prices likely

Rise in POL prices likely

The government has planned to raise prices of petroleum products ranging between Rs 3 and Rs 6.45 per litre, effective from February 1, 2012. According to sources in the Ministry of Petroleum and Natural Resources, oil prices in the Persian Gulf are conti
Published 24 Jan, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 24 Jan, 2012 12:00am
Rise in POL prices likely

Rise in POL prices likely

The government has planned to raise prices of petroleum products ranging between Rs 3 and Rs 6.45 per litre, effective from February 1, 2012. According to sources in the Ministry of Petroleum and Natural Resources, oil prices in the Persian Gulf are conti
Published 24 Jan, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Jan, 2012 12:00am
Government upbeat knowing Ijaz won't visit Pakistan to testify

Government upbeat knowing Ijaz won't visit Pakistan to testify

The counsel for Pakistani-American businessman Mansoor Ijaz, the central figure in the Memogate controversy, on Monday said that his client wanted to record his testimony in London or Zurich rather than visit Pakistan. The Judicial Commission investigatin
Published 24 Jan, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Jan, 2012 12:00am
Government upbeat knowing Ijaz won't visit Pakistan to testify

Government upbeat knowing Ijaz won't visit Pakistan to testify

The counsel for Pakistani-American businessman Mansoor Ijaz, the central figure in the Memogate controversy, on Monday said that his client wanted to record his testimony in London or Zurich rather than visit Pakistan. The Judicial Commission investigatin
Published 24 Jan, 2012 12:00am
Aitzaz hits back at Ramday's remarks

Aitzaz hits back at Ramday's remarks

Prime Minister Yousuf Raza Gilani's counsel and a PPP leader Chaudhry Aitzaz Ahsan has insisted that Asif Zardari enjoys immunity in Pakistan and Switzerland as President of Pakistan and that he does not require to approach the court to claim his immunity
Published 24 Jan, 2012 12:00am
Aitzaz hits back at Ramday's remarks

Aitzaz hits back at Ramday's remarks

Prime Minister Yousuf Raza Gilani's counsel and a PPP leader Chaudhry Aitzaz Ahsan has insisted that Asif Zardari enjoys immunity in Pakistan and Switzerland as President of Pakistan and that he does not require to approach the court to claim his immunity
Published 24 Jan, 2012 12:00am
Ijaz has been exposed: Malik

Ijaz has been exposed: Malik

Federal Interior Minister Rehman Malik has said that Mansoor Ijaz, the main character in memogate scandal, has been exposed, as the drama he scripted has flopped. Talking to newsmen, Malik said the matter of the memo had been left to the Commission to dec
Published 24 Jan, 2012 12:00am
Ijaz has been exposed: Malik

Ijaz has been exposed: Malik

Federal Interior Minister Rehman Malik has said that Mansoor Ijaz, the main character in memogate scandal, has been exposed, as the drama he scripted has flopped. Talking to newsmen, Malik said the matter of the memo had been left to the Commission to dec
Published 24 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

Rates moved both ways against dollar on currency market on Monday, dealers said. The rupee was marginally low as compared with the last week's closing. The rupee lost five paisa for buying and closing at 90.17 and 90.20.
Published 24 Jan, 2012 12:00am
TCP to procure 0.1 million tons of sugar

TCP to procure 0.1 million tons of sugar

Following the directives of the Economic Co-ordination Committee of the Cabinet (ECC), the Trading Corporation of Pakistan (TCP) has issued tender for the procurement of 0.1 million tons of sugar from local mills. Sources told Business Recorder on
Published 24 Jan, 2012 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

Rates moved both ways against dollar on currency market on Monday, dealers said. The rupee was marginally low as compared with the last week's closing. The rupee lost five paisa for buying and closing at 90.17 and 90.20.
Published 24 Jan, 2012 12:00am
TCP to procure 0.1 million tons of sugar

TCP to procure 0.1 million tons of sugar

Following the directives of the Economic Co-ordination Committee of the Cabinet (ECC), the Trading Corporation of Pakistan (TCP) has issued tender for the procurement of 0.1 million tons of sugar from local mills. Sources told Business Recorder on
Published 24 Jan, 2012 12:00am
TCP to procure 0.1 million tons of sugar

TCP to procure 0.1 million tons of sugar

Following the directives of the Economic Co-ordination Committee of the Cabinet (ECC), the Trading Corporation of Pakistan (TCP) has issued tender for the procurement of 0.1 million tons of sugar from local mills. Sources told Business Recorder on
Published 24 Jan, 2012 12:00am
Bullish sentiments dominate LSE

Bullish sentiments dominate LSE

Bullish sentiments dominated on the Lahore Stock Exchange on Monday and the equities registered gains across the board amid fresh buying in ready board shares. The LSE-25 index jumped to 3143.96 against 3019.94 of last Friday, denoting an improvement of 1
Published 24 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
Bullish sentiments dominate LSE

Bullish sentiments dominate LSE

Bullish sentiments dominated on the Lahore Stock Exchange on Monday and the equities registered gains across the board amid fresh buying in ready board shares. The LSE-25 index jumped to 3143.96 against 3019.94 of last Friday, denoting an improvement of 1
Published 24 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

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 49.27 points as the ISE Ten Index moved from 2,625.39
Published 24 Jan, 2012 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

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 49.27 points as the ISE Ten Index moved from 2,625.39
Published 24 Jan, 2012 12:00am
Pakistan not interested in PTA with Turkey

Pakistan not interested in PTA with Turkey

Pakistan is reportedly not interested in Preferential Trade Agreement (PTA) with Turkey as the latter's offered list is not beneficial to the former, well informed sources told Business Recorder. An official delegation led by Commerce Secretary Zaf
Published 24 Jan, 2012 12:00am
Pakistan not interested in PTA with Turkey

Pakistan not interested in PTA with Turkey

Pakistan is reportedly not interested in Preferential Trade Agreement (PTA) with Turkey as the latter's offered list is not beneficial to the former, well informed sources told Business Recorder. An official delegation led by Commerce Secretary Zaf
Published 24 Jan, 2012 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 13th January, 2012.

Published 24 Jan, 2012 12:00am
Pakistan not interested in PTA with Turkey

Pakistan not interested in PTA with Turkey

Pakistan is reportedly not interested in Preferential Trade Agreement (PTA) with Turkey as the latter''s offered list is not beneficial to the former, well informed sources told Business Recorder. An official delegation led by Commerce Secretary Za
Published 24 Jan, 2012 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 13th January, 2012.

Published 24 Jan, 2012 12:00am
Illegal removal of goods: 97 auto parts importers identified by MCC

Illegal removal of goods: 97 auto parts importers identified by MCC

A total of 97 auto parts importers have been found involved in illegal removal of goods from M/s. Pakistan Shaheen, off Dock Container Terminal Karachi by the Model Customs Collectorate (MCC) of (Appraisement), Customs House, Karachi. The "unscrupulous im
Published 24 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 Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
Illegal removal of goods: 97 auto parts importers identified by MCC

Illegal removal of goods: 97 auto parts importers identified by MCC

A total of 97 auto parts importers have been found involved in illegal removal of goods from M/s. Pakistan Shaheen, off Dock Container Terminal Karachi by the Model Customs Collectorate (MCC) of (Appraisement), Customs House, Karachi. The "unscrupulous im
Published 24 Jan, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
Illegal removal of goods: 97 auto parts importers identified by MCC

Illegal removal of goods: 97 auto parts importers identified by MCC

A total of 97 auto parts importers have been found involved in illegal removal of goods from M/s. Pakistan Shaheen, off Dock Container Terminal Karachi by the Model Customs Collectorate (MCC) of (Appraisement), Customs House, Karachi. The "unscrupulous im
Published 24 Jan, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
Illegal removal of goods: 97 auto parts importers identified by MCC

Illegal removal of goods: 97 auto parts importers identified by MCC

A total of 97 auto parts importers have been found involved in illegal removal of goods from M/s. Pakistan Shaheen, off Dock Container Terminal Karachi by the Model Customs Collectorate (MCC) of (Appraisement), Customs House, Karachi. The "unscrupulous im
Published 24 Jan, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
US senator stopped at airport

US senator stopped at airport

US Senator Rand Paul was "detained" by airport security Monday when a scanner set off an alarm and targeted his knee, although he said he has no screws or medical hardware around the joint. The Republican and son of presidential candidate Ron Paul, who fr
Published 24 Jan, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
US senator stopped at airport

US senator stopped at airport

US Senator Rand Paul was "detained" by airport security Monday when a scanner set off an alarm and targeted his knee, although he said he has no screws or medical hardware around the joint. The Republican and son of presidential candidate Ron Paul, who fr
Published 24 Jan, 2012 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 (January 23, 2012).

Published 24 Jan, 2012 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
Pakistan won't get access to Kasab

Pakistan won't get access to Kasab

Indian officials say a Pakistani commission investigating the 2008 terror attack in Mumbai will visit in February but won't be allowed to interrogate the lone surviving gunman. The visit is the result of intricate negotiations between the neighbours, but
Published 24 Jan, 2012 12:00am
Pakistan won't get access to Kasab

Pakistan won't get access to Kasab

Indian officials say a Pakistani commission investigating the 2008 terror attack in Mumbai will visit in February but won't be allowed to interrogate the lone surviving gunman. The visit is the result of intricate negotiations between the neighbours, but
Published 24 Jan, 2012 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 (January 23, 2012).

Published 24 Jan, 2012 12:00am
Naeem Mir assumes charge as MD PSO

Naeem Mir assumes charge as MD PSO

Naeem Yahya Mir has assumed the charge of Managing Director, Pakistan State Oil. A commercial marketing and refining expert Naeem Yahya has over 21 years of experience in leading national and multi-national oil companies with an emphasis in downstream ope
Published 24 Jan, 2012 12:00am
Naeem Mir assumes charge as MD PSO

Naeem Mir assumes charge as MD PSO

Naeem Yahya Mir has assumed the charge of Managing Director, Pakistan State Oil. A commercial marketing and refining expert Naeem Yahya has over 21 years of experience in leading national and multi-national oil companies with an emphasis in downstream ope
Published 24 Jan, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
Naeem Mir assumes charge as MD PSO

Naeem Mir assumes charge as MD PSO

Naeem Yahya Mir has assumed the charge of Managing Director, Pakistan State Oil. A commercial marketing and refining expert Naeem Yahya has over 21 years of experience in leading national and multi-national oil companies with an emphasis in downstream ope
Published 24 Jan, 2012 12:00am
Tycoon Nadir 'stole £150 million', British court hears

Tycoon Nadir 'stole £150 million', British court hears

Turkish-Cypriot business magnate Asil Nadir, who was one of Britain's most infamous fugitives, stole almost £150 million from his Polly Peck business empire, a court heard Monday. The prosecution at the Old Bailey in London said Nadir, 70, abused his posi
Published 24 Jan, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (January 23, 2012) and for Tuesday (January 24, 2012).
Published 24 Jan, 2012 12:00am
Tycoon Nadir 'stole £150 million', British court hears

Tycoon Nadir 'stole £150 million', British court hears

Turkish-Cypriot business magnate Asil Nadir, who was one of Britain's most infamous fugitives, stole almost £150 million from his Polly Peck business empire, a court heard Monday. The prosecution at the Old Bailey in London said Nadir, 70, abused his posi
Published 24 Jan, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
Drug reaction case: probing body seals pharmaceutical factory

Drug reaction case: probing body seals pharmaceutical factory

The body holding probe into the reaction of substandard cardiac medicines and consequent death of around 27 patients Monday sealed a pharmaceutical factory manufacturing medicines allegedly responsible for the deaths. After initial probe, the health depar
Published 24 Jan, 2012 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 24 Jan, 2012 12:00am
Rocket fired in Turbat

Rocket fired in Turbat

A rocket fired by the unknown men landed near the Doctor's colony in Turbat, Levis Force said on Monday. No loss of life and property occurred as a result of rocket attack. Levis official said that unknown men fired a rocket from undisclosed location whic
Published 24 Jan, 2012 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 24 Jan, 2012 12:00am
Mashkoor Raza's paintings exhibition ends at Revivers Galleria

Mashkoor Raza's paintings exhibition ends at Revivers Galleria

Solo paintings exhibition of Karachi-based well-known artist Mashkoor Raza has ended at Revivers Galleria here on a positive note as more than 95 percent of total exhibits on display were sold like hot cakes. Mashkoor Raza's solo paintings exhibition titl
Published 24 Jan, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
Opposition walks out in protest against 26 deaths in PIC

Opposition walks out in protest against 26 deaths in PIC

Opposition in Punjab Assembly staged a walk out immediately after the start of the session on Monday. They pointed out quorum in protest against bad governance of Punjab Chief Minister which claimed at least 26 precious lives in Punjab Institute of Cardio
Published 24 Jan, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 23, 2012).

Published 24 Jan, 2012 12:00am
The Weather

The Weather

The weather report on Monday (January 23, 2012) and the forecast for Tuesday (January 24, 2012).

Published 24 Jan, 2012 12:00am
IUB convocation in February

IUB convocation in February

The convocation of Islamia University of Bahawalpur (IUB) will be held in the second week of February, said IUB spokesman Shahzad Ahmad here on Monday. He said the successful graduates of academic sessions 2007-2008 would be awarded degrees of PhD, M. Phi
Published 24 Jan, 2012 12:00am
Senate seeks immediate arrest of Musharraf

Senate seeks immediate arrest of Musharraf

The Upper House of the Parliament Monday adopted a unanimous resolution, seeking immediate arrest of former president General Pervez Musharraf (Retd) on arrival in Pakistan besides registering a case under Article 6 of the Constitution. The resolution was
Published 24 Jan, 2012 12:00am
Resolution not unanimous: MQM

Resolution not unanimous: MQM

Senator Tahir Mashhadi of Muttahida Qaumi Movement (MQM) has disputed media reports that Senate passed a unanimous resolution demanding that former military dictator Pervez Musharraf be tried for treason under Article 6 of the constitution, a private TV c
Published 24 Jan, 2012 12:00am
Drug reaction case: SHO asked to submit his comments

Drug reaction case: SHO asked to submit his comments

Additional District and Sessions Judge, Lahore, Arif Hameed Sheikh on Monday directed the SHO Shadman to submit his comments by January 27, in an application seeking registration of case against a company allegedly involved in manufacturing drug that resu
Published 24 Jan, 2012 12:00am
Industrial consumers: MD Pepco hints at end of loadshedding soon

Industrial consumers: MD Pepco hints at end of loadshedding soon

Managing Director (MD), Pakistan Electric Power Company (Pepco), Rasul Khan Mehsud, has hinted at end of load shedding for industrial consumers soon. He was addressing the Aptma members at the Punjab office of the association on Monday. He said the prime
Published 24 Jan, 2012 12:00am
PIA urged to launch night-coach services

PIA urged to launch night-coach services

President of Multan Chamber of Commerce & Industry, Mian Anis A Sheikh has urged Pakistan International Airlines to introduce Karachi-Multan and Islamabad-Multan night-coach services on regular basis to facilitate traders, exporters, industrialists and ot
Published 24 Jan, 2012 12:00am
Non-professionals' appointment: hundreds of Mepco workers stage rally

Non-professionals' appointment: hundreds of Mepco workers stage rally

Hundreds of workers, led by Wapda Hydro-Electric Central Labour Union and Multan Electric Power Company (Mepco) Engineers Association leaders, took out a rally from Mepco headquarter to Khanewal Road, here on Monday. Later, they also staged a sit-in in Kh
Published 24 Jan, 2012 12:00am
Taking stock of stock market response

Taking stock of stock market response

As soon as the news started filtering through that the Securities and Exchange Commission of Pakistan (SECP) and the Federal Board of Revenue (FBR) have come to an understanding that revenue hounds would not question the source of funds used to purchase s
Published 24 Jan, 2012 12:00am
Another dictator falls?

Another dictator falls?

One of the Arab world's most durable dictators, President Ali Abdullah Saleh of Yemen, flew out of Sanaa Sunday on way to the United States, leaving behind a country teetering on the brink of total economic disaster yet bubbling with its people's determin
Published 24 Jan, 2012 12:00am
Of unlimited immunity

Of unlimited immunity

After the PM appeared before the Supreme Court on January 19 in the contempt proceedings instituted against him, several ministers and Barrister Aitzaz Ahsan were overly appreciative of the fact that the PM presented himself before the court; they gave th
Published 24 Jan, 2012 12:00am
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