BR100 Decreased By (-0.83%)
BR30 Decreased By (-1.36%)
KSE100 Decreased By (-0.81%)
KSE30 Decreased By (-0.79%)
BECO 5.53 Decreased By ▼ -0.10 (-1.78%)
BML 57.95 Decreased By ▼ -1.57 (-2.64%)
BOP 35.20 Decreased By ▼ -0.85 (-2.36%)
CNERGY 8.22 Decreased By ▼ -0.22 (-2.61%)
DCL 11.64 Decreased By ▼ -0.28 (-2.35%)
FCCL 56.90 Decreased By ▼ -1.17 (-2.01%)
FCSC 5.39 Decreased By ▼ -0.14 (-2.53%)
FFL 18.13 Decreased By ▼ -0.24 (-1.31%)
FNEL 1.31 Decreased By ▼ -0.01 (-0.76%)
HUMNL 11.18 Decreased By ▼ -0.32 (-2.78%)
KEL 8.15 Decreased By ▼ -0.29 (-3.44%)
KOSM 6.96 Decreased By ▼ -0.02 (-0.29%)
MLCF 100.52 Decreased By ▼ -1.95 (-1.9%)
NBP 203.51 Decreased By ▼ -3.96 (-1.91%)
PACE 11.21 Decreased By ▼ -0.36 (-3.11%)
PAEL 42.75 Decreased By ▼ -0.98 (-2.24%)
PIAHCLA 26.31 Decreased By ▼ -0.76 (-2.81%)
PIBTL 17.94 Decreased By ▼ -0.28 (-1.54%)
PPL 241.94 Decreased By ▼ -7.12 (-2.86%)
PRL 35.97 Decreased By ▼ -0.67 (-1.83%)
PTC 65.58 Decreased By ▼ -1.44 (-2.15%)
SEARL 94.40 Decreased By ▼ -1.52 (-1.58%)
SSGC 31.32 Increased By ▲ 0.69 (2.25%)
TELE 9.07 Decreased By ▼ -0.25 (-2.68%)
THCCL 67.62 Decreased By ▼ -1.63 (-2.35%)
TPLP 10.24 Decreased By ▼ -0.80 (-7.25%)
TREET 25.84 Decreased By ▼ -0.76 (-2.86%)
TRG 66.68 Decreased By ▼ -3.16 (-4.52%)
WAVES 11.05 Decreased By ▼ -0.22 (-1.95%)
WTL 1.29 Decreased By ▼ -0.02 (-1.53%)
Print - 2012-08-14
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (August 13, 2012).

Published 14 Aug, 2012 12:00am
France's Auchan enters Indian market

France's Auchan enters Indian market

France's Auchan said Monday it had entered into a franchising deal with Max Hypermarket India Private Limited to enter the super-size retail market segment in India. The 13 existing Max Hypermarket stores will be rebranded under Auchan's colours this year
Published 14 Aug, 2012 12:00am
Russian wheat wins the first Egyptian state tender

Russian wheat wins the first Egyptian state tender

The victory of Russian wheat at the first Egyptian state tender in the new marketing season at the weekend has set the market higher for domestic prices, leading Russian grain analysts said on Monday. Egypt's General Authority for Supply Commodities (GASC
Published 14 Aug, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 180,615 tonnes of cargo comprising 139,007 tonnes of import cargo and 41,608 tonnes of export cargo including 7,414 loaded & empty containers during last 24 hours ended at 0700 hours on Monday. The total import cargo of 139,007 to
Published 14 Aug, 2012 12:00am
India's gold demand stays muted on price rise

India's gold demand stays muted on price rise

Gold prices in India rose on Monday to the highest level in more than a week on a drop in rupee, but demand was subdued in the physical market where buyers were on the sidelines waiting for a correction in prices. The most-active gold for October delivery
Published 14 Aug, 2012 12:00am
European wheat futures down in step with US futures

European wheat futures down in step with US futures

European wheat futures extended losses on Monday, following Chicago Board of Trade futures which have declined since Friday after a drought-driven rally. Prices were also under pressure as harvests made substantial progress over a sunny weekend in norther
Published 14 Aug, 2012 12:00am
Brazil's coffee consumption up 3 percent

Brazil's coffee consumption up 3 percent

Brazil guzzled almost 20 million bags of coffee in the 12-month period through April, the roasters' association ABIC said on Friday, a rise of about 3 percent that is unlikely to be achieved again in the next 12 months. The world's top coffee producer is
Published 14 Aug, 2012 12:00am
More than 12,000 tonnes of Indonesian coffee exports delayed

More than 12,000 tonnes of Indonesian coffee exports delayed

A shortage of vessels has delayed the shipment of more than 12,000 tonnes of coffee from a major Indonesian export port, and more disruptions are likely as the harvest gathers pace, dealers said on Monday. Indonesia is the world's second-largest producer
Published 14 Aug, 2012 12:00am
Low volume of business seen on grain market

Low volume of business seen on grain market

Lean business was witnessed on the wholesale grain market on Monday ahead of Eid-ul-fitr holidays, dealers said. On the cereal side gur low quality was up by Rs 100 to Rs 4500 while the best type retained its weekend level in process of trading, dealers s
Published 14 Aug, 2012 12:00am
Steady trend prevails on cotton market amid slow phutti arrivals

Steady trend prevails on cotton market amid slow phutti arrivals

Modest trading was seen on the cotton market on Monday as a result of slow phutti arrivals, dealers said. Official spot rate was left unchanged at Rs 5800, they said. In the ready business over 6,000 bales of cotton changed hands between Rs 5850-6000, the
Published 14 Aug, 2012 12:00am
Oil cake market rates

Oil cake market rates

The December and January contracts were unchanged on the forward cottonseed oilcake market on Monday in process of trading, dealers said. The December vaida that had closed at Rs 447.50 opened with no change at the same rate in process of trading, they sa
Published 14 Aug, 2012 12:00am
US Plains HRW wheat bids steady to firmer

US Plains HRW wheat bids steady to firmer

Spot basis bids for hard red winter wheat in the US Plains were steady to firmer on Monday, though demand remained spotty in some areas, merchants said. Resellers were noted as active buyers, though mill needs were well covered by timely deliveries of con
Published 14 Aug, 2012 12:00am
Economic Independence and Prosperity

Economic Independence and Prosperity

When we first raised our demand for a sovereign and independent State of Pakistan there were not a few false prophets who tried to deflect us from our set purpose by saying that Pakistan was not economically feasible. They painted an extremely dark pictur
Published 14 Aug, 2012 12:00am
Pakistan is entwined with Democracy

Pakistan is entwined with Democracy

In its origin, rationale, nature, course, and leadership, the Pakistan movement was democratic. During the last phase of the freedom struggle (1937-47), the leadership at the top and at the lower cadre was democratic, whatever may be said of the intermedi
Published 14 Aug, 2012 12:00am
Follow Quaid's guidelines to ensure Pakistan's safety

Follow Quaid's guidelines to ensure Pakistan's safety

The nation is celebrating Independence Day of their hard-earned country today while facing serious national crises, including extreme lawlessness, environment of insecurity and loadshedding as well as internal and external dangers to its sovereignty. Crea
Published 14 Aug, 2012 12:00am
Jinnah & the youth

Jinnah & the youth

Jinnah placed great importance on the youth and gave his advice to students on several occasions. At a public meeting in Dhaka on March 21, 1948, he said: "My young friends, students who are present here, let me tell you as one who has always had love and
Published 14 Aug, 2012 12:00am
The knowledge gap in history and Pakistan-India relations

The knowledge gap in history and Pakistan-India relations

Freedom comes by unveiling the historical truths with an open mind and not by sticking to myths or by subverting history. Pakistan was founded on the basis of nationalism advocated by the two nation theory. Nationalism is a European idea of the 18th centu
Published 14 Aug, 2012 12:00am
Our political leadership: poacher turned gamekeeper

Our political leadership: poacher turned gamekeeper

In its origin, rationale, nature, course, and leadership, the Pakistan movement was democratic. During the last phase of the freedom struggle (1937-47), the leadership at the top and at the lower cadre was democratic, whatever may be said of the intermedi
Published 14 Aug, 2012 12:00am
New York cotton

New York cotton

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

Published 14 Aug, 2012 12:00am
New York cotton

New York cotton

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

Published 14 Aug, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Monday (August 13, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover for
Published 14 Aug, 2012 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 14 Aug, 2012 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 Monday (August 13, 2012).

Published 14 Aug, 2012 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 Monday (August 13, 2012).

Published 14 Aug, 2012 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 Monday (August 13, 2012).

Published 14 Aug, 2012 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 Monday (August 13, 2012).

Published 14 Aug, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (August 13, 2012).
Published 14 Aug, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (August 13, 2012).

Published 14 Aug, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (August 13, 2012).

Published 14 Aug, 2012 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (August 13, 2012).

Published 14 Aug, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 14 Aug, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 14 Aug, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Aug, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Aug, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (August 13, 2012).

Published 14 Aug, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (August 13, 2012).

Published 14 Aug, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (August 13, 2012).

Published 14 Aug, 2012 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

Strong demand pushed dollar higher against the rupee on the currency market on Monday, dealers said. The dollar gained strength on rising demand ahead of bank holiday on account of 66th Independence Day of Pakistan on Tuesday, money experts said.
Published 14 Aug, 2012 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

Strong demand pushed dollar higher against the rupee on the currency market on Monday, dealers said. The dollar gained strength on rising demand ahead of bank holiday on account of 66th Independence Day of Pakistan on Tuesday, money experts said.
Published 14 Aug, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 13, 2012).

Published 14 Aug, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 13, 2012).

Published 14 Aug, 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 (August 13, 2012).

Published 14 Aug, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (August 13, 2012).

Published 14 Aug, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (August 13, 2012).

Published 14 Aug, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (August 13, 2012).

Published 14 Aug, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (August 13, 2012).

Published 14 Aug, 2012 12:00am
Discos' defaulters: government decides to launch special recovery drive

Discos' defaulters: government decides to launch special recovery drive

The government has decided to launch special recovery drive against the defaulters of electricity distribution companies (Dicos) after it got a green signal from Awan-e-Sadar. The decision was taken at a review meeting of Discos held on Monday with Ahmed
Published 14 Aug, 2012 12:00am
US MIDDAY: copper down

US MIDDAY: copper down

COMEX copper for September delivery fell 3.90 cents to settle at $3.3535 per lb, after dealing between $3.3420 and $3.4020 on Monday. COMEX volume stood near 55,000 lots in late New York trade, more than 20 percent above the 30-day norm, according to prel
Published 14 Aug, 2012 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold fell on Monday as lingering uncertainty about whether central banks will take further steps to boost their economies prompted investors to take profits after the previous week's gain. The metal, a traditional inflation hedge, fell after data showed J
Published 14 Aug, 2012 12:00am
World powers weigh emergency meeting on food prices

World powers weigh emergency meeting on food prices

Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to tackle soaring grain prices caused by the worst US drought in more than half a century and poor crops from the Black Sea bread basket. France, the United States and
Published 14 Aug, 2012 12:00am
Greece sinks again, more cuts to save bailout in store

Greece sinks again, more cuts to save bailout in store

Greece''s economy shrank 6.2 percent on an annual basis in the second quarter, a slump that is expected to persist as the government scrambles to nail down billions in additional cuts to keep international bailout funds flowing. Currently in its fifth con
Published 14 Aug, 2012 12:00am
Greece sinks again, more cuts to save bailout in store

Greece sinks again, more cuts to save bailout in store

Greece's economy shrank 6.2 percent on an annual basis in the second quarter, a slump that is expected to persist as the government scrambles to nail down billions in additional cuts to keep international bailout funds flowing. Currently in its fifth cons
Published 14 Aug, 2012 12:00am
Greece sinks again, more cuts to save bailout in store

Greece sinks again, more cuts to save bailout in store

Greece's economy shrank 6.2 percent on an annual basis in the second quarter, a slump that is expected to persist as the government scrambles to nail down billions in additional cuts to keep international bailout funds flowing. Currently in its fifth cons
Published 14 Aug, 2012 12:00am
Government decides to wind up Equity Participation Fund

Government decides to wind up Equity Participation Fund

The government has decided to wind up Equity Participation Fund (EPF) meant to promote and accelerate growth of private sector small and medium industrial entrepreneurs, sources close to Secretary Finance told Business Recorder. The EFP was establi
Published 14 Aug, 2012 12:00am
Government decides to wind up Equity Participation Fund

Government decides to wind up Equity Participation Fund

The government has decided to wind up Equity Participation Fund (EPF) meant to promote and accelerate growth of private sector small and medium industrial entrepreneurs, sources close to Secretary Finance told Business Recorder. The EFP was establi
Published 14 Aug, 2012 12:00am
Government decides to wind up Equity Participation Fund

Government decides to wind up Equity Participation Fund

The government has decided to wind up Equity Participation Fund (EPF) meant to promote and accelerate growth of private sector small and medium industrial entrepreneurs, sources close to Secretary Finance told Business Recorder. The EFP was establi
Published 14 Aug, 2012 12:00am
Government decides to wind up Equity Participation Fund

Government decides to wind up Equity Participation Fund

The government has decided to wind up Equity Participation Fund (EPF) meant to promote and accelerate growth of private sector small and medium industrial entrepreneurs, sources close to Secretary Finance told Business Recorder. The EFP was establi
Published 14 Aug, 2012 12:00am
Syria to be suspended from OIC: diplomat

Syria to be suspended from OIC: diplomat

Syria will be suspended from the Organisation of Islamic Co-operation on Wednesday for its violent suppression of a 17-month uprising against President Bashar al-Assad, a diplomat said on Monday ahead of an emergency OIC summit in Makkah. "The resolution
Published 14 Aug, 2012 12:00am
Rs 35 billion surplus budget of NLC approved by Hafeez

Rs 35 billion surplus budget of NLC approved by Hafeez

Finance Minister Dr Abdul Hafeez Sheikh on Monday approved Rs 35 billion surplus budget of the National Logistic Cell (NLC) for next fiscal year. Sources said the Finance Minister, also heading National Logistic Board (NLB), was given a detailed presentat
Published 14 Aug, 2012 12:00am
Rs 35 billion surplus budget of NLC approved by Hafeez

Rs 35 billion surplus budget of NLC approved by Hafeez

Finance Minister Dr Abdul Hafeez Sheikh on Monday approved Rs 35 billion surplus budget of the National Logistic Cell (NLC) for next fiscal year. Sources said the Finance Minister, also heading National Logistic Board (NLB), was given a detailed presentat
Published 14 Aug, 2012 12:00am
Rs 35 billion surplus budget of NLC approved by Hafeez

Rs 35 billion surplus budget of NLC approved by Hafeez

Finance Minister Dr Abdul Hafeez Sheikh on Monday approved Rs 35 billion surplus budget of the National Logistic Cell (NLC) for next fiscal year. Sources said the Finance Minister, also heading National Logistic Board (NLB), was given a detailed presentat
Published 14 Aug, 2012 12:00am
Bulgarian zinc smelter goes on public sale

Bulgarian zinc smelter goes on public sale

The zinc production units of OTZK, once Bulgaria's second largest lead and zinc smelter, will be put up for sale after the smelter failed to pay its debts and its workers, a private enforcement agent said on Monday. The smelter, which stopped its zinc pro
Published 14 Aug, 2012 12:00am
Bulgarian zinc smelter goes on public sale

Bulgarian zinc smelter goes on public sale

The zinc production units of OTZK, once Bulgaria's second largest lead and zinc smelter, will be put up for sale after the smelter failed to pay its debts and its workers, a private enforcement agent said on Monday. The smelter, which stopped its zinc pro
Published 14 Aug, 2012 12:00am
ISE index surges by 78.5 points

ISE index surges by 78.5 points

Equities moved both ways on 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 78.5 points as the ISE Ten Index moved from 2931.22 t
Published 14 Aug, 2012 12:00am
ISE index surges by 78.5 points

ISE index surges by 78.5 points

Equities moved both ways on 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 78.5 points as the ISE Ten Index moved from 2931.22 t
Published 14 Aug, 2012 12:00am
LSE index up 153.65 points

LSE index up 153.65 points

Equities registered gains across the board at the Lahore Stock Exchange (LSE) amid ascending transaction volume on Monday. The LSE-25 index moved up to 3767.77 points against 3614.12 points of last Friday, showing an increment of 153.65 points, while tran
Published 14 Aug, 2012 12:00am
LSE index up 153.65 points

LSE index up 153.65 points

Equities registered gains across the board at the Lahore Stock Exchange (LSE) amid ascending transaction volume on Monday. The LSE-25 index moved up to 3767.77 points against 3614.12 points of last Friday, showing an increment of 153.65 points, while tran
Published 14 Aug, 2012 12:00am
Prime Minister's new transfer policy: top level bureaucracy reshuffled

Prime Minister's new transfer policy: top level bureaucracy reshuffled

The top level bureaucracy has been reshuffled after Prime Minister Raja Pervez Ashraf approved a new transfer policy relating to the deployment of officers from federal bureaucracy in Balochistan. According to a statement issued by the PM House, those off
Published 14 Aug, 2012 12:00am
Prime Minister's new transfer policy: top level bureaucracy reshuffled

Prime Minister's new transfer policy: top level bureaucracy reshuffled

The top level bureaucracy has been reshuffled after Prime Minister Raja Pervez Ashraf approved a new transfer policy relating to the deployment of officers from federal bureaucracy in Balochistan. According to a statement issued by the PM House, those off
Published 14 Aug, 2012 12:00am
BRIndex30 up 159.16 points

BRIndex30 up 159.16 points

On Mon-day, BRIndex30 opened at 10,170.22 and remained positive throughout the trading session. It touched an intraday high of 10,383.02 and an intraday low of 10,289.41 and closed at 10,329.38 which was 159.16 points or 1.56 percent higher than previous
Published 14 Aug, 2012 12:00am
BRIndex30 up 159.16 points

BRIndex30 up 159.16 points

On Mon-day, BRIndex30 opened at 10,170.22 and remained positive throughout the trading session. It touched an intraday high of 10,383.02 and an intraday low of 10,289.41 and closed at 10,329.38 which was 159.16 points or 1.56 percent higher than previous
Published 14 Aug, 2012 12:00am
Index gains 150.48 points

Index gains 150.48 points

A surprise cut in interest rate and healthy corporate results on Monday invited aggressive buying on the Karachi share market and the benchmark KSE-100 index surged by 150.48 points to close at 14,911.97 points. Fresh buying was seen mainly by local retai
Published 14 Aug, 2012 12:00am
Index gains 150.48 points

Index gains 150.48 points

A surprise cut in interest rate and healthy corporate results on Monday invited aggressive buying on the Karachi share market and the benchmark KSE-100 index surged by 150.48 points to close at 14,911.97 points. Fresh buying was seen mainly by local retai
Published 14 Aug, 2012 12:00am
Index gains 150.48 points

Index gains 150.48 points

A surprise cut in interest rate and healthy corporate results on Monday invited aggressive buying on the Karachi share market and the benchmark KSE-100 index surged by 150.48 points to close at 14,911.97 points. Fresh buying was seen mainly by local retai
Published 14 Aug, 2012 12:00am
Diamer-Bhasha Dam: Pakistan likely to seek Chinese financing

Diamer-Bhasha Dam: Pakistan likely to seek Chinese financing

Pakistan is likely to seek Chinese financing for 4500 MW Diamer-Bhasha dam after the two key lenders ie World Bank and Asian Bank Development (ADB) sent unsupportive signals, well informed sources told Business Recorder. This was the crux of a meet
Published 14 Aug, 2012 12:00am
Diamer-Bhasha Dam: Pakistan likely to seek Chinese financing

Diamer-Bhasha Dam: Pakistan likely to seek Chinese financing

Pakistan is likely to seek Chinese financing for 4500 MW Diamer-Bhasha dam after the two key lenders ie World Bank and Asian Bank Development (ADB) sent unsupportive signals, well informed sources told Business Recorder. This was the crux of a meet
Published 14 Aug, 2012 12:00am
Diamer-Bhasha Dam: Pakistan likely to seek Chinese financing

Diamer-Bhasha Dam: Pakistan likely to seek Chinese financing

Pakistan is likely to seek Chinese financing for 4500 MW Diamer-Bhasha dam after the two key lenders ie World Bank and Asian Bank Development (ADB) sent unsupportive signals, well informed sources told Business Recorder. This was the crux of a meet
Published 14 Aug, 2012 12:00am
Discos'' defaulters: government decides to launch special recovery drive

Discos'' defaulters: government decides to launch special recovery drive

The government has decided to launch special recovery drive against the defaulters of electricity distribution companies (Dicos) after it got a green signal from Awan-e-Sadar. The decision was taken at a review meeting of Discos held on Monday with Ahmed
Published 14 Aug, 2012 12:00am
Discos' defaulters: government decides to launch special recovery drive

Discos' defaulters: government decides to launch special recovery drive

The government has decided to launch special recovery drive against the defaulters of electricity distribution companies (Dicos) after it got a green signal from Awan-e-Sadar. The decision was taken at a review meeting of Discos held on Monday with Ahmed
Published 14 Aug, 2012 12:00am
OIC agrees to suspend Syria

OIC agrees to suspend Syria

Foreign ministers at a meeting of the Organisation of Islamic Cooperation (OIC) agreed on Monday to suspend Syria from the international body, an OIC source said, further isolating President Bashar al-Assad. "The session just ended. The ministers adopted
Published 14 Aug, 2012 12:00am