AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.04 No Change ▼ 0.00 (0%)
BOP 6.67 No Change ▼ 0.00 (0%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.44 No Change ▼ 0.00 (0%)
DGKC 86.85 No Change ▼ 0.00 (0%)
FCCL 32.28 No Change ▼ 0.00 (0%)
FFBL 64.80 No Change ▼ 0.00 (0%)
FFL 10.25 No Change ▼ 0.00 (0%)
HUBC 109.57 No Change ▼ 0.00 (0%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.05 No Change ▼ 0.00 (0%)
KOSM 7.46 No Change ▼ 0.00 (0%)
MLCF 41.38 No Change ▼ 0.00 (0%)
NBP 60.41 No Change ▼ 0.00 (0%)
OGDC 190.10 No Change ▼ 0.00 (0%)
PAEL 27.83 No Change ▼ 0.00 (0%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 150.06 No Change ▼ 0.00 (0%)
PRL 26.88 No Change ▼ 0.00 (0%)
PTC 16.07 No Change ▼ 0.00 (0%)
SEARL 86.00 No Change ▼ 0.00 (0%)
TELE 7.71 No Change ▼ 0.00 (0%)
TOMCL 35.41 No Change ▼ 0.00 (0%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.41 No Change ▼ 0.00 (0%)
TRG 53.29 No Change ▼ 0.00 (0%)
UNITY 26.16 No Change ▼ 0.00 (0%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 10,010 Increased By 126.5 (1.28%)
BR30 31,023 Increased By 422.5 (1.38%)
KSE100 94,192 Increased By 836.5 (0.9%)
KSE30 29,201 Increased By 270.2 (0.93%)
Nov 14, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-11-14
CBOT wheat ends mostly weaker

CBOT wheat ends mostly weaker

Chicago Board of Trade wheat futures closed mixed but mostly lower on Friday and new contract lows were set amid pressure from the USA's November crop and supply/demand reports, traders said. The market, while ending weak, was underpinned near the close w
Published 14 Nov, 2004 12:00am
Oil cake market rates

Oil cake market rates

The December vaida was higher and the January vaida was unchanged on the forward cottonseed oil cake market on Saturday in low activity, dealer said. The December commenced with no change at Rs 402.70 and proved to be day's lowest. In the process of tradi
Published 14 Nov, 2004 12:00am
No business transacted on cotton market

No business transacted on cotton market

Dullness prevailed in the cotton market in the pre-Eid session on Saturday as leading participants were on the sidelines and discussing the next direction of the market when it would open after observing Eid holidays, cotton analysts said. The official sp
Published 14 Nov, 2004 12:00am
Higher prices trigger Brazilian coffee trade

Higher prices trigger Brazilian coffee trade

Large volumes of coffee traded this week as higher prices encouraged producer selling and roasters and exporters covered their nearby needs, traders said Friday. Despite some end-of-week profit-taking, benchmark New York arabica futures prices have risen
Published 14 Nov, 2004 12:00am
Sugar prices down on grain market

Sugar prices down on grain market

Thin activity was seen on the grain market on Saturday as most of the dealers kept on the sideline ahead of Eid holidays, dealers said. On the seed side, sugar prices shed Rs 25 to Rs 2025 and Rs 2075 on easy supply position, they said. On the seed side,
Published 14 Nov, 2004 12:00am
Firm shipping rates lift MISC Q2 profit

Firm shipping rates lift MISC Q2 profit

Malaysia International Shipping Corporation, the world's largest carrier of liquefied natural gas, said on Wednesday its second-quarter profit rose 27 percent from a year ago, short of some analysts' forecasts. Profits were driven by higher shipping rates
Published 14 Nov, 2004 12:00am
Firm shipping rates lift MISC Q2 profit

Firm shipping rates lift MISC Q2 profit

Malaysia International Shipping Corporation, the world's largest carrier of liquefied natural gas, said on Wednesday its second-quarter profit rose 27 percent from a year ago, short of some analysts' forecasts. Profits were driven by higher shipping rates
Published 14 Nov, 2004 12:00am
Strong demand pushes P&O Nedlloyd to record earnings

Strong demand pushes P&O Nedlloyd to record earnings

Royal P&O Nedlloyd, the world's third-largest container shipper, reported record third-quarter earnings, beating expectations thanks to booming demand for its services outpacing supply of container space. P&O Nedlloyd CEO Philip Green boosted his forecast
Published 14 Nov, 2004 12:00am
Strong demand pushes P&O Nedlloyd to record earnings

Strong demand pushes P&O Nedlloyd to record earnings

Royal P&O Nedlloyd, the world's third-largest container shipper, reported record third-quarter earnings, beating expectations thanks to booming demand for its services outpacing supply of container space. P&O Nedlloyd CEO Philip Green boosted his forecast
Published 14 Nov, 2004 12:00am
Asian freight rates steady

Asian freight rates steady

Panamax dry bulk rates were steady during the last week, although demand could pick up later this week from charterers shifting down from a tight Capesize market, brokers said on Tuesday. Capesize vessels, which carry more than 100,000 tonnes of cargo and
Published 14 Nov, 2004 12:00am
D/S Torm nearly quadruples profit

D/S Torm nearly quadruples profit

Danish shipping company D/S Torm nearly quadrupled its nine-month pretax profit and raised its full-year guidance on Thursday, amid rising freight rates as demand for shipping transport surged. Pretax profit rose 276 percent to 1.76 billion from 468 milli
Published 14 Nov, 2004 12:00am
D/S Torm nearly quadruples profit

D/S Torm nearly quadruples profit

Danish shipping company D/S Torm nearly quadrupled its nine-month pretax profit and raised its full-year guidance on Thursday, amid rising freight rates as demand for shipping transport surged. Pretax profit rose 276 percent to 1.76 billion from 468 milli
Published 14 Nov, 2004 12:00am
China Shipping to build four ships

China Shipping to build four ships

China Shipping Container Lines Co Ltd said on Tuesday it reached an agreement with Hudong-Zhonghua Shipbuilding (Group) Co Ltd to build four container vessels for a total of US $372 million.Each ship will be able to carry 8,530 TEUs (twenty-foot equivalen
Published 14 Nov, 2004 12:00am
Rouen port working as usual

Rouen port working as usual

France's main grain port has not been badly affected by a national strike by dockworkers over job cuts and is operating normally, a spokesman said on Tuesday. He said some port workers had followed the call by the dockers' branch of the CGT union for a on
Published 14 Nov, 2004 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 90,493 tonnes of cargo including 74,431 tonnes import and 16,062 tonnes export cargo during last 24 hours ending at 0700 hours on Saturday. The cargo comprised of 43,343 tonnes dry and 47,150 tonnes liquid cargo. Three ships namel
Published 14 Nov, 2004 12:00am
Mexican stocks hit by profit-taking

Mexican stocks hit by profit-taking

Mexico's stock market ended lower on Friday, weighed down by cellphone company America Movil as investors took profits following an earlier record high. The IPC benchmark stock index finished down 0.12 percent at 11,957.32 points after earlier hitting an
Published 14 Nov, 2004 12:00am
Brazilian sovereign bond prices surge

Brazilian sovereign bond prices surge

Brazilian sovereign bond prices surged on Friday as US Treasury prices rose but a weakened dollar strengthened the real, and investors foresaw Brazilian lawmakers passing important pro-market legislation. Rising Treasury prices often buoy emerging market
Published 14 Nov, 2004 12:00am
Brazilian sovereign bond prices surge

Brazilian sovereign bond prices surge

Brazilian sovereign bond prices surged on Friday as US Treasury prices rose but a weakened dollar strengthened the real, and investors foresaw Brazilian lawmakers passing important pro-market legislation. Rising Treasury prices often buoy emerging market
Published 14 Nov, 2004 12:00am
Argentine stocks fall

Argentine stocks fall

Argentina's stocks closed lower on Friday after investors reacted negatively to results posted by Group Financiero Galicia, traders said. The MerVal index of 11 leading shares lost 2.07 percent to close at 1257.6 points. Shares closed down 5 percent this
Published 14 Nov, 2004 12:00am
Chile stocks finish slightly changed

Chile stocks finish slightly changed

Chile's stocks ended nearly unchanged on Friday despite heavy trading due to a large secondary offering by Chile's leading brewer. The IPSA blue chip index, slipped 0.03 percent to 1,740.98 points. The all-market IGPA index inched up 0.01 percent to 8,744
Published 14 Nov, 2004 12:00am
Golds and oils lift Toronto stocks to winning week

Golds and oils lift Toronto stocks to winning week

Toronto stocks finished higher on Friday as rising gold prices and stronger energy issues helped the resource-heavy index scrape out a winning week. The Toronto Stock Exchange S&P/TSX composite index rose 10.20 points, or 0.11 percent, to close at 8,896.3
Published 14 Nov, 2004 12:00am
Brazil stocks up

Brazil stocks up

The Bovespa index of the Sao Paulo Stock Exchange rose 2.19 percent to 24,035 points on Friday. Stocks were also lifted by rising New York bourses and a stronger real, which should help limit inflationary pressures. Among individual stocks, state-run oil
Published 14 Nov, 2004 12:00am
Barloworld, rand and oil may boost South African stocks

Barloworld, rand and oil may boost South African stocks

Shares in South Africa's Barloworld and Mr Price may boost the bourse next week if they turn in strong results as expected, but rand-sensitive stocks may trip the market's march. Barloworld, the world's largest independent lift truck dealer, said in Octob
Published 14 Nov, 2004 12:00am
Eurostocks week ahead: Vodafone dividend on lookout

Eurostocks week ahead: Vodafone dividend on lookout

Vodafone tops the earnings menu next week with the biggest mobile phone company by revenue under pressure to hand back more cash to shareholders - a move which would help bourses build on 28-month highs. Other standouts will be results from steel giant Ar
Published 14 Nov, 2004 12:00am
US corporate bonds end tighter, junks see huge inflows

US corporate bonds end tighter, junks see huge inflows

US corporate bond spreads ended tighter on Friday in light volume while junk bond mutual funds saw their biggest cash inflows of the year as investor confidence grew for the asset class, traders said. Investment grade bonds finished O.01 to 0.02 percentag
Published 14 Nov, 2004 12:00am
US corporate bonds end tighter, junks see huge inflows

US corporate bonds end tighter, junks see huge inflows

US corporate bond spreads ended tighter on Friday in light volume while junk bond mutual funds saw their biggest cash inflows of the year as investor confidence grew for the asset class, traders said. Investment grade bonds finished O.01 to 0.02 percentag
Published 14 Nov, 2004 12:00am
US Treasuries soar on talk of central bank buying

US Treasuries soar on talk of central bank buying

US Treasury prices rallied on Friday in technical buying and talk of possible foreign central bank buying that overshadowed a rising stock market and stronger US retail sales and consumer sentiment. The benchmark 10-year Treasury note rose 16/32 for a yie
Published 14 Nov, 2004 12:00am
US Treasuries soar on talk of central bank buying

US Treasuries soar on talk of central bank buying

US Treasury prices rallied on Friday in technical buying and talk of possible foreign central bank buying that overshadowed a rising stock market and stronger US retail sales and consumer sentiment. The benchmark 10-year Treasury note rose 16/32 for a yie
Published 14 Nov, 2004 12:00am
Canadian bond prices rise

Canadian bond prices rise

The Canadian bond markets resumed trading on Friday after observing Remembrance Day. Bond prices held gains despite the US retail sales data that suggested some underlying strength. The two-year bond gained three Canadian cents to C$99.87 to yield 3.316 p
Published 14 Nov, 2004 12:00am
Canadian bond prices rise

Canadian bond prices rise

The Canadian bond markets resumed trading on Friday after observing Remembrance Day. Bond prices held gains despite the US retail sales data that suggested some underlying strength. The two-year bond gained three Canadian cents to C$99.87 to yield 3.316 p
Published 14 Nov, 2004 12:00am
Data and BoE minutes to give gilts positive backdrop

Data and BoE minutes to give gilts positive backdrop

Economic data next week are likely to provide a positive backdrop for British government bonds, although analysts suspect gilts might struggle to push further ahead after this week's strong rally. A dovish Bank of England Inflation Report and spill-over d
Published 14 Nov, 2004 12:00am
Data and BoE minutes to give gilts positive backdrop

Data and BoE minutes to give gilts positive backdrop

Economic data next week are likely to provide a positive backdrop for British government bonds, although analysts suspect gilts might struggle to push further ahead after this week's strong rally. A dovish Bank of England Inflation Report and spill-over d
Published 14 Nov, 2004 12:00am
US stocks rally to close higher as Dell boosts techs

US stocks rally to close higher as Dell boosts techs

US stocks extended their rally on Friday, led by technology shares after computer maker Dell Inc shot up 8 percent on a higher quarterly profit and an optimistic forecast. Oil prices resumed their decline, which also helped stocks by easing worry about hi
Published 14 Nov, 2004 12:00am
China central banker says to keep yuan stable

China central banker says to keep yuan stable

China will maintain the nation's currency at a stable level and the country's monetary policy has already returned to a stable level, central bank chief Zhou Xiaochuan was cited on Saturday by state media as saying. The yuan, also known as the renminbi, i
Published 14 Nov, 2004 12:00am
Dollar down vs euro and yen; US deficit in focus

Dollar down vs euro and yen; US deficit in focus

The dollar dropped against the euro and yen on Friday as the market shrugged off positive US economic data and stayed focused on the record US current account deficit. The dollar initially ticked higher against the euro but soon reversed course and fell i
Published 14 Nov, 2004 12:00am
Dollar will decline, but the worry is how fast

Dollar will decline, but the worry is how fast

The dollar is all but fated to weaken as long as the US current account deficit remains wide, analysts say, but the question that worries traders and policymakers is how fast that decline will be. The dollar has weakened steadily in recent months even as
Published 14 Nov, 2004 12:00am
Canadian dollar slips

Canadian dollar slips

The Canadian dollar eased against the US currency on Friday, largely shrugging aside a US retail sales report, and remained in its well-trod range. Bonds held their gains despite some encouraging details in the retail sales data. At 9:30 am, the currency
Published 14 Nov, 2004 12:00am
Singapore and Indian currencies may lead Asian rally

Singapore and Indian currencies may lead Asian rally

Singapore and India offer potential standout returns in an environment of Asian currency strength on broad dollar weakness and expectations of a change in Chinese policy, investors and currency strategists say. Asian economies are seen attracting money fl
Published 14 Nov, 2004 12:00am
Egypt to test Tutankhamun mummy for cause of death

Egypt to test Tutankhamun mummy for cause of death

Egypt plans to run tests on the mummy of Tutankhamun to find out what killed the king who ruled Egypt more than 3,000 years ago and died while only a teenager. Culture Minister Farouk Hosni agreed Tutankhamun's mummified body could be moved from its tomb
Published 14 Nov, 2004 12:00am
Stampede at New Delhi railway station kills five

Stampede at New Delhi railway station kills five

Five people were killed in a stampede at New Delhi's main railway station Saturday as hordes of passengers rushed to board a train bound for eastern India, a railway spokesman said. At least six people were admitted to hospital with injuries suffered in t
Published 14 Nov, 2004 12:00am
Israeli Arabs march in symbolic Arafat funeral

Israeli Arabs march in symbolic Arafat funeral

Several thousand Israeli Arabs marched through the streets of Nazareth on Saturday in a symbolic funeral for Palestinian president Yasser Arafat. Tens of thousands of Palestinians had attended Arafat's burial in the West Bank city of Ramallah on Friday in
Published 14 Nov, 2004 12:00am
South Korea accepts IAEA report on nuclear -experiments

South Korea accepts IAEA report on nuclear -experiments

South Korea is satisfied with the IAEA report on its unauthorised nuclear experiments and expects an "impartial" conclusion from the UN agency's upcoming board meeting, Seoul's Foreign Ministry said on Saturday. The International Atomic Energy Agency repo
Published 14 Nov, 2004 12:00am
Iran watchdog rejects proposed election date

Iran watchdog rejects proposed election date

Iran's legislative watchdog has rejected the government's proposed date of May 13 next year for presidential elections as too early, the official IRNA news agency reported on Saturday. The Guardian Council said preparations for the vote could not start mo
Published 14 Nov, 2004 12:00am
EU nuclear negotiations in final stages: Iran

EU nuclear negotiations in final stages: Iran

Iran's negotiations with the European Union over a deal which would spare Tehran from possible UN sanctions over its nuclear programme are in their final stages, Iran said on Saturday. "Negotiations with Europe were intense and important and they are in t
Published 14 Nov, 2004 12:00am
Three dead as bomb hits Indonesia's Sulawesi

Three dead as bomb hits Indonesia's Sulawesi

Three people died and four were wounded when a bomb exploded in the Indonesian province of Central Sulawesi Saturday, police and hospital staff said. Two of the victims were killed at the scene of the blast, near a market in the town of Poso, while a woma
Published 14 Nov, 2004 12:00am
Bilateral talks with US not necessary: North Korea

Bilateral talks with US not necessary: North Korea

North Korea said on Saturday it felt no need to hold bilateral talks with Washington over its nuclear programme and blamed the United States for the current deadlock in negotiations. "The DPRK does not feel any need to ask the United States for the bilate
Published 14 Nov, 2004 12:00am
US to build wireless network for future warfare

US to build wireless network for future warfare

The Pentagon, which invented the precursor to the Internet 40 years ago, has laid the first connections for a secure, wireless information network that proponents say will fundamentally transform warfare, the New York Times reported Saturday. Estimates ar
Published 14 Nov, 2004 12:00am
Fire destroys Dutch mosque

Fire destroys Dutch mosque

A small mosque was destroyed by fire in the Netherlands on Saturday but no one was hurt in what police suspect may have been the latest in a spate of arson attacks against religious targets. "We are seriously taking into account the possibility it was ars
Published 14 Nov, 2004 12:00am
Five Iranian coal miners killed in pit explosion

Five Iranian coal miners killed in pit explosion

Five Iranian coal miners died in a pit explosion in the northern Caspian Sea province of Mazandaran on Saturday, an official told state television. "Because of gas accumulating, there was an explosion that collapsed the tunnel. Unfortunately five workers
Published 14 Nov, 2004 12:00am
No pause in foreign exodus from Ivory Coast

No pause in foreign exodus from Ivory Coast

An exodus of foreigners from Ivory Coast showed no signs of easing on Saturday as African leaders prepared to met to seek ways to end the crisis in the West African country. More than 4,000 Europeans have been evacuated since Wednesday, companies have jet
Published 14 Nov, 2004 12:00am
Palestinians pledge vote to replace Arafat

Palestinians pledge vote to replace Arafat

Yasser Arafat's successors promised a swift election to replace him on Saturday as Palestinians flocked to his tomb to pay last respects to the ex-guerrilla who symbolised their hopes of a state. Prime Minister Ahmed Qorie told reporters that a presidenti
Published 14 Nov, 2004 12:00am
German unions call for ECB to act on euro

German unions call for ECB to act on euro

The European Central Bank must take action on the euro's surge against the dollar or thousands of jobs could be lost in Germany, the head of the country's DGB trades union federation was quoted as saying on Saturday.
Published 14 Nov, 2004 12:00am
Equity investors look past $50 oil

Equity investors look past $50 oil

The stock market is gearing up for a year-end rally, as oil prices ease and provide an unexpected windfall to investors who have come to accept sustained crude costs above $50 a barrel.
Published 14 Nov, 2004 12:00am
LHC holidays

LHC holidays

The Chief Justice Lahore High Court Justice Iftikhar Hussain Chaudhry has announced November 15 to 17 (Monday, Tuesday, Wednesday) as holidays on account of Eid-ul-Fitr.
Published 14 Nov, 2004 12:00am
Sialko exporters assured of pending claims' clearance

Sialko exporters assured of pending claims' clearance

The Deputy Collector Sales Tax, Gujranwala, Syed Jawad Ali Shah has assured the Sialkot's sports goods exporters that their all the pending claims regarding sales tax return would be cleared within a month.
Published 14 Nov, 2004 12:00am
29 Indian fishermen sent to prison

29 Indian fishermen sent to prison

The Judicial Magistrate, West, Keamari Town, has sent 29 Indian fishermen to jail custody for 14 days on the charges of illegal fishing in Pakistani waters.
Published 14 Nov, 2004 12:00am
Sports gun traders' plea to government

Sports gun traders' plea to government

Sports gun importers and exporters have urged the government to review its decision to impose ban on commercial import of air guns and pistols and allow sports businessmen to import hi-tech air guns/pistols with accessories.
Published 14 Nov, 2004 12:00am
1000 patients given new clothes

1000 patients given new clothes

The administration of Punjab Institute of Mental Health (PIMH) Lahore has chalked out elaborate arrangements to enable the indoor patients to celebrate Eid-ul-Fitr.
Published 14 Nov, 2004 12:00am
Project to raise sugarcane yield launched

Project to raise sugarcane yield launched

The government has launched a project "Introduction of sugarbeet and enhancement of sugarcane productivity" to introduce low water consuming crop, to save water and supplement sugarcane production.
Published 14 Nov, 2004 12:00am
CNG buses to be introduced in Islamabad

CNG buses to be introduced in Islamabad

Federal Minister for Petroleum and Natural Resources Amanullah Khan Jadoon has announced CNG consuming buses would be introduced in Islamabad and other big cities of the country to lessen the level of air pollution.
Published 14 Nov, 2004 12:00am
Smeda moves to support sports goods industry

Smeda moves to support sports goods industry

The Federal government is endeavouring to accelerate the pace of business activities and to evolve development strategy for seven different business sectors, said the Chief Executive Officer (CEO) of Small and Medium Enterprises Development Authority (Sme
Published 14 Nov, 2004 12:00am
Condolence

Condolence

The President and office bearers of Karachi Chamber of Commerce & Industry (KCCI) have expressed condolence over the sad demise of mother of Mr Jahangir Khan Tareen, Federal Minister for Industries and Production.
Published 14 Nov, 2004 12:00am
World Diabetes Day today

World Diabetes Day today

World Diabetes Day will be observed on Sunday with the theme "Fighting Obesity Prevent Diabetes," which has been chosen on the basis for solid evidence that obesity epidemic is now one of the most significant risks to global health.
Published 14 Nov, 2004 12:00am
Pakistani team to attend Jallundhar cultural Mela

Pakistani team to attend Jallundhar cultural Mela

A hundred member cultural delegation of Punjab will participate in the cultural Mela being held in Indian East Punjab city of Jallundhar on November 19 and 20 under the banner of "Punjan Panian De Warast (the heritage of five rivers).
Published 14 Nov, 2004 12:00am
LCCI condoles the death of Dr Arshad' s father

LCCI condoles the death of Dr Arshad' s father

The Lahore Chamber of Commerce & Industry (LCCI) President Mian Misbah-ur-Rehman, Senior Vice President Sohail Lashari, Vice President Sheikh Muhammad Arshad and other members of Executive Committee expressed their heartfelt sorrow over the demise of fath
Published 14 Nov, 2004 12:00am
PML takes serious notice of Altaf's statement

PML takes serious notice of Altaf's statement

Information Secretary of Pakistan Muslim League, Senator Tariq Azeem Khan, has refuted the impression created in a section of the press on the statement of MQM chief Altaf Hussain that his views may have had official sanction.
Published 14 Nov, 2004 12:00am
Railways may achieve target of Rs 18 billion in current fiscal

Railways may achieve target of Rs 18 billion in current fiscal

Federal Minister for Railways Mian Shamim Haider has hoped that Pakistan Railways would achieve the earning target of Rs 18 billion fixed by the federal government for the current fiscal year. Talking to newsman on the occasion of arrival of first Rawalpi
Published 14 Nov, 2004 12:00am
Little east-west romance 15 years after Berlin Wall

Little east-west romance 15 years after Berlin Wall

The Berlin Wall fell 15 years ago but an "Iron Curtain" still divides the city as far love and romance are concerned. Only two percent of the marriages each year in Berlin are between easterners and those across town in the west. It is a rate that reflect
Published 14 Nov, 2004 12:00am
Wasteful expenditure on marriages - II

Wasteful expenditure on marriages - II

We learnt that the Supreme Court of Pakistan has banned meals on weddings which may render thousands of poor persons jobless. The government of Pakistanis is well aware that due to the ban on meals at wedding functions 14 to 15 lakh people will be unemplo
Published 14 Nov, 2004 12:00am
Wasteful expenditure on marriages

Wasteful expenditure on marriages

Announcing a decision, the Chief Justice of Supreme Court, Nazim Hussain Siddiqui has dismissed the petition challenging Punjab government's orders relating to serving food on the eve of marriage and 'Walima' and declared that Punjab government's orders a
Published 14 Nov, 2004 12:00am
Batteries disposal

Batteries disposal

While reading instructions on 'Battery Care and Use' in my mobile phone hand-book, apart from many other useful instructions I came across this 'strange' advice also. "The battery should never be placed in the Municipal waste. Use the battery disposal f
Published 14 Nov, 2004 12:00am
Eritrea deeply dependent on food aid after drought

Eritrea deeply dependent on food aid after drought

There are rocks and cactuses, camels and the remains of armoured vehicles: but there is no greenery. This is the landscape of most of the Gash Barka region in western Eritrea, the small Horn of Africa country where no river runs all year round. Severe dro
Published 14 Nov, 2004 12:00am
House mortgage financing

House mortgage financing

The house mortgage financing requires vital change(s) and/or improvements in Pakistan as far as the rate of mark-up based on system(s) of rental sharing(s) and quantum of monthly instalment(s), length of payments of monthly instalments as well as waiver o
Published 14 Nov, 2004 12:00am
Working on a new industrial strategy

Working on a new industrial strategy

Speakers at a workshop in Islamabad on industrial policy organised by the Federal Ministry of Industries and Production towards the end of last month, pinpointed a number of factors which have so far impeded investment in the industrial sector in the coun
Published 14 Nov, 2004 12:00am
Prayer for the day

Prayer for the day

While celebrating the holy festival of Eid-ul-Fitr today with traditional religious fervour, amid tight precautionary measures to thwart any unpredictable terrorist onslaught, many among the faithful in Pakistan will undoubtedly share the perception as ba
Published 14 Nov, 2004 12:00am
Test discard MacGill puts skids under New Zealand

Test discard MacGill puts skids under New Zealand

Australia test discard Stuart MacGill completed match figures of 8-109 on Saturday as New Zealand's batting line-up collapsed against New South Wales for a second time in their only warm-up game for next week's first test in Brisbane.
Published 14 Nov, 2004 12:00am
Katich ready to 'snap' over Test axing

Katich ready to 'snap' over Test axing

Deposed batsman Simon Katich said on Saturday he was ready to "snap" over his axing from the Australian cricket team for next week's opening Test of the southern hemisphere's summer against New Zealand.
Published 14 Nov, 2004 12:00am
Mufti Zia-ul-Haq passes away

Mufti Zia-ul-Haq passes away

Mufti Zia-ul-Haq of Jamia Masjid Katchary Bazaar and son-in-law of Mufti Zain-ul-Abideen died of brain hemorrhage here on Saturday. He was held in great esteem by all segments of society. About three months ago his father in law Maulana Mufti Zain-ul-Abid
Published 14 Nov, 2004 12:00am
Government urged to provide housing facility to poor

Government urged to provide housing facility to poor

The government must pay attention towards poor segment of society as gap between the rich and poor is widening with every passing day. These views were expressed by the Chairman All Pakistan Cottage Industry and Small Traders Association Ghulam Sarwar Mal
Published 14 Nov, 2004 12:00am
Government to set up model pharmacy services

Government to set up model pharmacy services

Punjab Health Minister, Dr Tahir Ali Javed, has said that the government will establish model pharmacy services in all the private and government hospitals and necessary legislation would be made for this purpose soon.
Published 14 Nov, 2004 12:00am
Teams formed to check over-charging of fares

Teams formed to check over-charging of fares

Transport Department Punjab has constituted special teams to check over-charging of fares by the transporters on the occasion of Eid-ul-Fitr. The Punjab Minister for Transport, Rana Shamshad Ahmad Khan stated this here on Saturday.
Published 14 Nov, 2004 12:00am
FM-103 management urges government to restore services

FM-103 management urges government to restore services

The management of FM-103 (Mast radio) has demanded of the government to immediately restore the services of the radio, and also withdraw cases registered against the officials of this radio.
Published 14 Nov, 2004 12:00am
DAP fertiliser: hoarders warned of action

DAP fertiliser: hoarders warned of action

Black marketing of diammonium fertiliser (DAP) by importers and dealers would not be tolerated and those found guilty of black marketing or hoarding would be brought to book.
Published 14 Nov, 2004 12:00am
Altaf struggling for attainment of oppressed people's rights: Gujral

Altaf struggling for attainment of oppressed people's rights: Gujral

Former Indian prime minister Inder Kumar Gujral said that Muttahida Qaumi Movement (MQM) chief Altaf Hussain was the only leader and intellectual in the sub-continent, who was not only struggling for the attainment of the rights of oppressed people but wa
Published 14 Nov, 2004 12:00am
People throng markets on Chand Raat

People throng markets on Chand Raat

Following the announcement of the central Ruet-e-Hilal committee regarding sighting of Shawwal moon and falling of Eidul Fitr on Sunday, women and children thronged bangle and henna stalls, while young men and other people rushed to shopping centres for E
Published 14 Nov, 2004 12:00am
PPPP central executive meets on November 19

PPPP central executive meets on November 19

A joint meeting of the Federal Council and Central Executive Committee of Pakistan Peoples Party Parliamentarian (PPPP) will be held at party's Central Secretariat Islamabad on November 19. The meeting to be chaired by Makhdoom Ameen Fahim will discuss cu
Published 14 Nov, 2004 12:00am
Chand Raat festival

Chand Raat festival

Colgate Palmolive Pakistan Ltd and Mcdonalds have organised a Chand Raat festival at Sea View Mcdonalds from 10" November, till Chand Raat.
Published 14 Nov, 2004 12:00am
78 roads to be built in Thar under Prime Minister package

78 roads to be built in Thar under Prime Minister package

Sindh government has approved 78 schemes for laying more than 1000 kilometer roads in Thar area at a cost of Rs 7177.75 million. This constitutes one portion of the Prime Minister's Thar Package, it was learnt on Saturday.
Published 14 Nov, 2004 12:00am
Maersk Sealand slaps late delivery fees

Maersk Sealand slaps late delivery fees

Maersk Sealand, a leading shipping line, carrying exports destined for Europe and the US from Port Qasim, has slapped late delivery charges from Nov. 15.
Published 14 Nov, 2004 12:00am
President and Prime Minister extend Eid greetings

President and Prime Minister extend Eid greetings

On the eve of Eid-ul-Fitr, President General Pervez Musharraf has asked nation to pray to seek Divine assistance for acquiring Islam's teachings of enlightenment in their proper perspective to foster mutual brotherhood, unity and love, and rid of sectaria
Published 14 Nov, 2004 12:00am
Arbab assures security on Eid

Arbab assures security on Eid

Sindh Chief Minister Dr Arbab Ghulam Rahim on Saturday said that all out measures have been made for security on Eid day and law enforcement agencies were asked to be ready to meet any untoward situation.
Published 14 Nov, 2004 12:00am
LSE trading floor in Faisalabad to start operations on November 24

LSE trading floor in Faisalabad to start operations on November 24

Trading floor of Lahore Stock Exchange (LSE) at Faisalabad will start functioning from November 24. Senate Chairman Mohammedmian Soomro will be chief guest at the opening ceremony, which will be attended by LSE Chairman, Syed Asim Zafar, Managing Director
Published 14 Nov, 2004 12:00am
Prime Minister reviews development projects progress

Prime Minister reviews development projects progress

Prime Minister Shaukat Aziz reviewed the progress of development schemes and projects proposed by parliamentarians for provision of gas, electricity, construction of roads etc.
Published 14 Nov, 2004 12:00am
LCCI Eid greetings

LCCI Eid greetings

LCCI President Misbah-ur-Rehman, Senior Vice President Sohail Lashari, Vice President Sheikh Mohammad Arshad and other members of the Executive Committee have offered Eid greetings to the nation, industrialists and traders.
Published 14 Nov, 2004 12:00am
255 watercourses to be cemented in Sindh

255 watercourses to be cemented in Sindh

A total of 255 watercourses will be strengthened and cemented in Sindh Province. This decision was taken in a meeting chaired by Sindh Chief Minister Dr Arbab Ghulam Rahim on Saturday. The meeting reviewed the pace of ongoing national programme to improve
Published 14 Nov, 2004 12:00am
Previous Day