News Archives for Print - 2004-07-24

Print - 2004-07-24

Zarai Taraqiati Bank announces PLS profit rates

Zarai Taraqiati Bank Limited (ZTBL) has announced the following rates of profit on PLS deposits for the half year ended on 30th June 2004.

Published 24 Jul, 2004 12:00am

ADB and Smeda discuss Barani area project

Asian Development Bank (ADB) and Small and Medium Enterprise Development Authority (Smeda) discussed the status of sustainable livelihood in Barani Area Project in Punjab as well as possibility of Smeda's involvement in the project.

Published 24 Jul, 2004 12:00am

BRIDGE NOTES: A redoubled small slam brings a big bounty

"Nothing fascinated me more than bridge and the company of bridge players in my social life," says Khawaja Ehthesham, a veteran and ardent bridge lover. He said that he started playing bridge nearly fifty years ago when the auction bridge was in vogue but

Published 24 Jul, 2004 12:00am

Digital photography fair opens

HP's first digital photography fair opened here at a local hotel on Friday. Punjab Information Secretary Taimur Azmat Osman, who was chief guest on the occasion, inaugurated the fair showcasing HP's new digital cameras and the photography technology.

Published 24 Jul, 2004 12:00am

LCCI resents hike in gas tariff

Lahore Chamber of Commerce & Industry (LCCI) President, Mian Anjum Nisar, has said that those government utilities which are running in profit must abstain from burdening its customers by frequently raising charges of their services.

Published 24 Jul, 2004 12:00am

Air Blue to operate on international routes next year: Abbasi

The most recent addition to domestic carriers, Air Blue, will go international by next year and add socio-economic sectors to its operations soon.

Published 24 Jul, 2004 12:00am

18 illegal phone gateways operating in Karachi

About 18 illegal telephone gateways are functioning in Karachi, while 25 percent of all call traffic of the country is unlawful, thus, resulting in huge revenue losses to the exchequer.

Published 24 Jul, 2004 12:00am

CDGK's anti-encroachment drive in full swing

On the third day of anti-encroachment drive action was taken against the encroachers in the busy shopping area of Gulbahar (Golimar) and Rizvia Society and footpaths were dug out, electricity poles were removed and extended portions of hundreds of shops w

Published 24 Jul, 2004 12:00am

Trade policy termed exporter-friendly

Pakistan Industrial & Traders Associations Front (Piaf) Vice-chairman, Mian Abuzar Shad, terming the Trade Policy 2004-05 as exporter-friendly has said that incentives given in it would smoothen the way to achieve $13.7 billion export target.

Published 24 Jul, 2004 12:00am

Seminar on tax laws

All Pakistan Tax Bar Association (APTBA) is holding a seminar on the topic of "Understanding of Sales Tax Laws in Pakistan" at a local hotel on Saturday, July 24.

Published 24 Jul, 2004 12:00am

PTCL focussing on replacement of network

Special emphasis would be given for the replacement of old network of Pakistan Telecommunication Company Limited (PTCL), to improve the quality of service.

Published 24 Jul, 2004 12:00am

KPT clarification

Karachi Port Trust has issued the following clarification about a news item published in Business Recorder issue of July 22, 2004.

Published 24 Jul, 2004 12:00am

Majlis-i-Amal leaders arrested

The city police on Friday arrested leaders of Muttahida Majlis-i-Amal participating in a demonstration outside the New Memon Masjid in Bolton Market after Juma prayers for violating Section 144 of CrPC.

Published 24 Jul, 2004 12:00am

Electric tramway for Karachi

City Nazim Naimatullah Khan on Friday approved the 'Electric Tramway Scheme' for Karachi, which would run on I I Chundrigar Road from Sir Ziauddin Road to Mereweather Tower.

Published 24 Jul, 2004 12:00am

End to ad hocism in PCB likely by year-end

The five-year-old ad hocism in the Pakistan Cricket Board (PCB) is expected to come to an end by the end of the year after the draft of the new constitution is approved by the Federal Law Ministry and authenticated by the PCB Chief Patron, President Perve

Published 24 Jul, 2004 12:00am

Intra-Kashmir dialogue urged to stop division

All Parties National Alliance (Apna) has stressed the need of an Intra-Kashmir dialogue to frustrate the efforts being made for the division of Jammu Kashmir state.

Published 24 Jul, 2004 12:00am

EOBI officials awarded

The Second Excellence Award Ceremony of EOBI was held in a local hotel in which cash awards, shields and certificates were distributed among the officers and staff showing outstanding performance during the year 2003-04.

Published 24 Jul, 2004 12:00am

Punjab tops in juvenile crimes

Punjab has topped the list of the juvenile crimes as more than 2137 children are languishing in 29 prisons of the province and are waiting for their fate.

Published 24 Jul, 2004 12:00am

Sindh University Workshop for rural journalist

The Department of Mass Communication and the Centre for Rural Development Communication (CRDC) of the University of Sindh has plan to organise a five-day workshop for from August 16 to 20 at University Campus, Jamshoro.

Published 24 Jul, 2004 12:00am

18th PAA excellence awards 2004 announced

Once again Pakistan Advertising Association (PAA) announced 18th PAA Excellence Awards 2004 for its member advertising agencies on (Pls mention day and month).

Published 24 Jul, 2004 12:00am

The Trade Policy

The Trade Policy for 2004-05 the Commerce Minister, Humayun Akhtar Khan, unveiled on the national TV and radio network on Thursday, with export and import targets seemingly somewhat ambitious at $13.7 billion and $16.7 billion respectively, will certainly

Published 24 Jul, 2004 12:00am

SAARC Ministerial Conference

The just concluded SAARC Ministerial Conference in Islamabad took a number of impressive decisions that, given the organisation's history, may sound as mere talk sans substance. Mere talk though is also a sign of progress as long as the two main feuding p

Published 24 Jul, 2004 12:00am

Partly Facetious: had Musharraf breakfasted with Nawaz...

"Air Force jets and army helicopter gunships bombed militants' positions in Santoi and Mantoi mountain regions in the South Waziristan tribal area."

Published 24 Jul, 2004 12:00am

Bangladesh says peacekeeping key to diplomacy

Mohammad Ali Hasan, who retired as a brigadier general in the Bangladesh army, says the year he spent as a peacekeeper in strife-torn Sierra Leone was the best in a military career that spanned 35 years.

Published 24 Jul, 2004 12:00am

Population bomb

The USA liberty of Congress data, on the population of Pakistan, estimated it, in July 2004, to be 159196336 with an annual growth rate of 19% for the year 2003 and the UNDP claims a growth rate of 2.400 per annum for Pakistan.

Published 24 Jul, 2004 12:00am

Manchar Lake

This is with reference to an article "Significance of water issue in Sindh situation" by Umar Latif to whom I wish to offer my thanks through your paper for an enlightening presentation of the Sindh province and the damage caused by incorrect and irrespon

Published 24 Jul, 2004 12:00am

Cashing in on misery

TV programmes like 'Istikhara', 'Ruhani Massail' etc are there simply to make money and dupe the unwary miserable person in distress, who catches at the proverbial straw in distress in the hope of getting some relief.

Published 24 Jul, 2004 12:00am

Bangladesh emerges as main market for Balochistan grapes

Bangladesh has emerged as main market for the export of high quality grapes produced in Balochistan. The grapes export, which started a couple of years ago, is expected to be double this year, said fruit exporters.

Published 24 Jul, 2004 12:00am

Non-implementation of JJSO lands boy in jail

Islamabad Judicial Magistrate Hidayatullah Shah on Wednesday sent a 13-years old boy to jail for two month due to non-implementation of Juvenile Justice System Ordinance (JJSO) 2000.

Published 24 Jul, 2004 12:00am

Developing tourism in Chitral

After 9/11, the world has drastically changed. Up to 5 million people may stay away from Britain this year, Richard Tobias, chief executive of the British Incoming Tour Operators Association, has warned. With visa problems for all travelers to the US, peo

Published 24 Jul, 2004 12:00am

Nouraiz asks oil and gas companies to expand welfare activities

Federal Minister for Petroleum and Natural Resources Chaudhry Nouraiz Shakoor Khan has asked the oil and gas companies to engage in the exploration and production activities for expanding their network in the respective areas for the betterment of the inh

Published 24 Jul, 2004 12:00am

CURRENT TOPICS: The trial

If a man is caught breaking into a neighbour's house and trying to take forcible possession of an old chest which he claims once belonged to his ancestors, he has clearly committed a crime. He has then no conceivable defence under law. He is tried and sen

Published 24 Jul, 2004 12:00am

State Bank governor to visit KCCI on July 26

Governor State Bank of Pakistan (SBP) Dr Ishrat Hussain will visit the Karachi Chamber of Commerce Industry (KCCI) here at 12 noon on Monday (July 26).

Published 24 Jul, 2004 12:00am

After sunset Karachi is sweet, sour and spicy

Karachi is a culturally rich city. Besides sandy beaches, it has historical sites, structures of architectural marvels, centres for the advancement of performing art, institutions for teaching, training and promotion of fine arts and literature and even a

Published 24 Jul, 2004 12:00am

Punjab University sets up information centre

Punjab University (PU) has set up Reception and Information Centre to provide necessary information about admission and academic programmes in various institutes, departments, and constituent colleges during academic session 2004-05.

Published 24 Jul, 2004 12:00am

Ensure safety on the beaches

After humid weather, Karachiites get relief with the start of monsoon season. The weather and summer holidays create problems for Karachiites. Monsoon brings pleasant change in the mood of the people. This season the ocean was stormy. The shores are consi

Published 24 Jul, 2004 12:00am

Pakistan and Thailand to sign MoU

Pakistan would soon sign a Memorandum of Understanding (MoU) with Thailand for providing expertise and technical assistance to the Thai education ministry for main streaming the religious seminaries.

Published 24 Jul, 2004 12:00am

PTV: payment scale should be rationalised

Writers of eminence who met Arshad Khan, Managing Director of the PTV, on July 19 impressed upon him the necessity of rationalizing payment scale, standardization of policy for the acceptance and rejection of scripts and official recognition of the status

Published 24 Jul, 2004 12:00am

IT sector being facilitated for investment

Pakistan was fully facilitating and enabling the growth of Information Technology (IT) sector for the promotion of IT, which provides tremendous opportunities and is open for investment.

Published 24 Jul, 2004 12:00am

Hygiene - best prevention against illnesses

Germs are the cause of more than half of all illnesses and deaths among young children, which get into the child's mouth via food and water. In communities without latrines, without safe drink water, and without safe refuse disposal, it is very difficult

Published 24 Jul, 2004 12:00am

All in a day's work! - Enjoying free will.....!

UNDP corrects Pakistan's ranking in Human Development Index (HDI).

Published 24 Jul, 2004 12:00am

CAPITAL CULTURAL SCENE: Social issues dominate

The week commenced with the Isloos feeling the stifling heat of the monsoon season intermingled with dust storms and cloudbursts. However, on a positive note, the endless varieties of mangoes available in the market were a treat for all the mango lovers.

Published 24 Jul, 2004 12:00am

PML-N demands probe into Kargil and Wana operation

Pakistan Muslim League-Nawaz (PML-N) has on Thursday demanded constitution of inquiry commissions to probe into the Kargil gate, October 12 coup, Wana operation and installation of barbwire on the Line of Control (LoC).

Published 24 Jul, 2004 12:00am

Here comes summer - at TCF's school

Far away from the urban sprawl, where one can actually see the skyline dotted by mounds of sand, the summer school of the Bhitaiabad branch of the Citizens' Foundation is well into progress. This is their first experiment at a summer school to actually te

Published 24 Jul, 2004 12:00am

Indian team due on July 24

A 12-member Indian team was expected to arrive here on Saturday, July 24, to condole the death of the wife of World Punjabi Congress (WPC) Chairman Fakhar Zaman.

Published 24 Jul, 2004 12:00am

LAHORE CULTURAL DIARY: Death of a comedian

Cultural environment in Lahore remained subdued after the death of Albela, a renowned comedian of the country. During the week under review, a couple of exhibitions of paintings; the launching of a book and documentation on historical monuments and the ap

Published 24 Jul, 2004 12:00am

Rs 80 million to be spent on new Punjab University hostels construction

Government of Punjab has directed to spend Rs 80 million for construction of two new hostels at Punjab University.

Published 24 Jul, 2004 12:00am

Kasur's contribution to our melodic culture

Situated about 45 kilometers southeast of Lahore, the border town of Kasur is known for its several historic and creative landmarks and contributions to the melodic culture of Pakistan. It is a place where one of the major Punjabi Sufi poets Baba Bulley S

Published 24 Jul, 2004 12:00am

PPPP candidate withdraws in favour of Shaukat

Shaukat Aziz is in a state of comfy following the withdrawal of all opposition candidates and unconditional support announced by Sher Ali Malnani, taluka Nazim, Mithi.

Published 24 Jul, 2004 12:00am

TV THOUGHTS: Are TV channels overdoing their passion for women's themes?

I must confess that I feel very handicapped when I watch the TV channel KTN, and the reason is obvious in a way. It is a channel in the Sindhi language, and not knowing the language is one of the failures that I live with. So when I switch to the KTN I am

Published 24 Jul, 2004 12:00am

PCMA terms trade policy balanced and growth-oriented

The Pakistan Cloth Merchants Association (PCMA) has described the new trade policy as balanced and growth-oriented, and said if consistency was maintained in the policies, the new export target of 13.7 billion dollars would easily be achieved.

Published 24 Jul, 2004 12:00am

SPORTS WORLD: Sri Lanka give shock to India

Call it dramatic or unforgettable, Sri Lanka upset the applecart of the highly-favoured and powerful outfit of India in the Asia Cup preliminary match that was absorbing upto the last over.

Published 24 Jul, 2004 12:00am

GAPC team returns

A representative delegation of Gold Art Promotion Council (GAPC) that visited India recently returned on Friday.

Published 24 Jul, 2004 12:00am

United Money-Market Fund

The Unit Prices for July 24, 2004.

Published 24 Jul, 2004 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

Iraqi general among 13 killed in violence

Gunmen assassinated a senior member of Iraq's fledgling armed forces as he travelled to Friday prayers in the northern city of Mosul, police said.

Published 24 Jul, 2004 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

Iraqi general among 13 killed in violence

Gunmen assassinated a senior member of Iraq's fledgling armed forces as he travelled to Friday prayers in the northern city of Mosul, police said.

Published 24 Jul, 2004 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

South Africa's Mboweni gets second term, market relieved

South Africa's government extended central bank governor Tito Mboweni's contract for another 5 years on Friday, ending speculation about his future in one of the most influential jobs in the country.

Published 24 Jul, 2004 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

India panel proposes market-driven small saving

A committee headed by the Indian central bank's deputy governor has suggested that returns on government-run administered saving schemes should be market-driven and benchmarked to federal bonds.

Published 24 Jul, 2004 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

India panel proposes market-driven small saving

A committee headed by the Indian central bank's deputy governor has suggested that returns on government-run administered saving schemes should be market-driven and benchmarked to federal bonds.

Published 24 Jul, 2004 12:00am

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 Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

Wipro sees post-poll end to US backlash

Indian software company Wipro Ltd reported on Friday a greater-than-expected 83 percent jump in first-quarter profit and forecast increased demand for outsourcing services after the US presidential election.

Published 24 Jul, 2004 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

Xerox profit more than doubles

Xerox Corp on Friday said second-quarter profit more than doubled on stronger sales of copiers and printers and on cost cutting, and it raised its full-year outlook on strong demand for its new technology.

Published 24 Jul, 2004 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

Xerox profit more than doubles

Published 24 Jul, 2004 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

Opec Fund exploring investment opportunities in Pakistan

The Opec Fund, an investment arm of the Organisation of Petroleum Exporting Countries (Opec), has been exploring investment opportunities in Pakistan.

Published 24 Jul, 2004 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (July 23, 2004).

Published 24 Jul, 2004 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (July 23, 2004).

Published 24 Jul, 2004 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

Six more ministers inducted in NWFP cabinet

Six more ministers and two advisors were inducted in the provincial cabinet of the NWFP on Friday.

Published 24 Jul, 2004 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

Russian economy ministry to propose cutting product duties

Russia's economy ministry will propose lowering oil product export tariffs, on condition that companies use the money saved to invest in production, Customs Department head Alexei Kaulbars said on Friday.

Published 24 Jul, 2004 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (July 23,2004).

Published 24 Jul, 2004 12:00am

Cut in PTCL connection charges from July 20

Pakistan Telecommunication Company Limited, keeping in view the convenience of prospective customers, has decided to implement the decision of reduction in new telephone connection charges with effect from July 20, instead of 14 August, as previously anno

Published 24 Jul, 2004 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 15	280.63
USD PKR Interbank Buying / Apr 15	280.43
USD to Japanese Yen / Apr 15	143.15
USD to Swiss Franc / Apr 15	0.81
Pound Sterling to USD / Apr 15	1.32
Euro to USD / Apr 15	1.14
UK LIBOR % / Apr 14	4.96

Stock	Volume
S&P 500 / Apr 14	5,405.97
Nasdaq / Apr 14	16,831.48
Dow Jones / Apr 14	40,524.79
India Sensex / Apr 15	76,780.06
Tokyo Nikkei / Apr 15	34,267.54
Hang Seng / Apr 15	21,470.46
FTSE 100 / Apr 15	8,209.09
Germany DAX 30 / Apr 15	21,175.70
France CAC40 / Apr 15	7,263.20

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 14	16,785
Gold 10 Grams PKR / Apr 14	290,466
Petrol/Litre / Apr 15	254.63
Crude Oil USD/Barrel / Apr 15	61.77
Gold Spot USD/Ounce / Apr 15	3,224.76
Diesel/Litre / Apr 15	258.64
Cotton US¢/pound / Apr 15	65.75

Gainers
Losers
Leaders

Stock	Price
Gulshan Sp. / Apr 15 Gulshan Spinning Mills Limited(GSPM)	3.69 ▲ 0.52 (16.4%)
PICIC Ins.Ltd. / Apr 15 PICIC Insurance Limited(PIL)	2.40 ▲ 0.25 (11.63%)
Tariq Corp.Pref. / Apr 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.29 ▲ 0.79 (10.53%)
First Capital Equities / Apr 15 First Capital Equities Limited(FCEL)	4.97 ▲ 0.47 (10.44%)
Tariq Corporation / Apr 15 Tariq Corporation Limited(TCORP)	16.16 ▲ 1.47 (10.01%)
Gammon Pak / Apr 15 Gammon Pakistan Limited(GAMON)	25.60 ▲ 2.33 (10.01%)
Redco Textile / Apr 15 Redco Textiles Limited(REDCO)	25.27 ▲ 2.3 (10.01%)
Sanghar Sugar / Apr 15 Sanghar Sugar Mills Limited(SANSM)	55.51 ▲ 5.05 (10.01%)
National Silk / Apr 15 The National Silk & Rayon Mills Limited(NSRM)	35.20 ▲ 3.2 (10%)
Nimir Resins / Apr 15 Nimir Resins Limited(NRSL)	35.08 ▲ 3.19 (10%)

Stock	Price
Aisha Steel(ConPS) / Apr 15 Aisha Steel(ConPS)(ASLPS)	15.11 ▼ -1.51 (-9.09%)
First Tri-Star Mod. / Apr 15 First Tri-Star Modaraba(FTSM)	12.03 ▼ -1.04 (-7.96%)
Ruby Textile / Apr 15 Ruby Textile Mills Limited(RUBY)	7.20 ▼ -0.57 (-7.34%)
Philip Morris Pak. / Apr 15 Philip Morris (Pakistan) Limited(PMPK)	1,171.11 ▼ -90.37 (-7.16%)
B.R.R. Guardian / Apr 15 B.R.R. Guardian Limited(BRRG)	21.03 ▼ -1.44 (-6.41%)
D.M. Textile / Apr 15 D.M. Textile Mills Limited(DMTX)	49.70 ▼ -3.34 (-6.3%)
Blessed Tex. / Apr 15 Blessed Textiles Limited(BTL)	267.02 ▼ -15.81 (-5.59%)
LSE Capital / Apr 15 LSE Capital Limited(LSECL)	5.20 ▼ -0.3 (-5.45%)
Pak Gen.Ins. / Apr 15 The Pakistan General Insurance Co. Ltd.(PKGI)	8.60 ▼ -0.49 (-5.39%)
Stylers International / Apr 15 Stylers International Limited(STYLERS)	39.78 ▼ -2.22 (-5.29%)

Stock	Volume
Cnergyico PK / Apr 15 Cnergyico PK Limited(CNERGY)	55,091,076 ▼ -0.05
Pak Int.Bulk / Apr 15 Pakistan International Bulk Terminal(PIBTL)	45,232,730 ▼ -0.22
Sui South Gas / Apr 15 Sui Southern Gas Company Limited(SSGC)	31,842,819 ▼ -0.01
B.O.Punjab / Apr 15 The Bank of Punjab(BOP)	27,341,890 ▼ -0.16
TRG Pak Ltd / Apr 15 TRG Pakistan Limited(TRG)	18,972,161 ▲ 4.51
Dewan Cement / Apr 15 Dewan Cement Limited(DCL)	18,354,363 ▲ 0.27
Pak Elektron / Apr 15 Pak Elektron Limited(PAEL)	17,487,097 ▲ 0.08
Engro Powergen / Apr 15 Engro Powergen Qadirpur Limited(EPQL)	14,614,659 ▲ 0.8
K-Electric Ltd. / Apr 15 K-Electric Limited(KEL)	13,886,346 ▲ 0
WorldCall Telecom / Apr 15 Worldcall Telecom Limited(WTL)	13,751,334 ▲ 0.01

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular