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Jan 31, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-03-03
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (March 02, 2006).

Published 03 Mar, 2006 12:00am
Threat to human beings from bird flu ruled out

Threat to human beings from bird flu ruled out

The government on Thursday ruled out possibility of any threat to human beings from the bird flu that hit birds at two farms in NWFP. It said the preliminary reports have confirmed that the virus that struck farm chickens in two north-western cities early
Published 03 Mar, 2006 12:00am
Threat to human beings from bird flu ruled out

Threat to human beings from bird flu ruled out

The government on Thursday ruled out possibility of any threat to human beings from the bird flu that hit birds at two farms in NWFP. It said the preliminary reports have confirmed that the virus that struck farm chickens in two north-western cities early
Published 03 Mar, 2006 12:00am
Threat to human beings from bird flu ruled out

Threat to human beings from bird flu ruled out

The government on Thursday ruled out possibility of any threat to human beings from the bird flu that hit birds at two farms in NWFP. It said the preliminary reports have confirmed that the virus that struck farm chickens in two north-western cities early
Published 03 Mar, 2006 12:00am
Yusuf concerned over filing fresh appeals at ITAT level

Yusuf concerned over filing fresh appeals at ITAT level

Central Board of Revenue (CBR) Chairman Abdullah Yusuf has expressed serious concern over filing of fresh appeals at the level of Income Tax Appellate Tribunals (ITAT) directing the CBR Legal Wing to take prompt action for improving the situation.
Published 03 Mar, 2006 12:00am
Borrowing from banks exceeds limit by 47.62 percent: SBP

Borrowing from banks exceeds limit by 47.62 percent: SBP

The soaring budget deficit has forced the government to excessive borrowing from the banking system - surpassing annual limit by 47.62 percent to bridge the income-expenditure gap, the central bank reported on Wednesday.
Published 03 Mar, 2006 12:00am
Borrowing from banks exceeds limit by 47.62 percent: SBP

Borrowing from banks exceeds limit by 47.62 percent: SBP

The soaring budget deficit has forced the government to excessive borrowing from the banking system - surpassing annual limit by 47.62 percent to bridge the income-expenditure gap, the central bank reported on Wednesday.
Published 03 Mar, 2006 12:00am
Borrowing from banks exceeds limit by 47.62 percent: SBP

Borrowing from banks exceeds limit by 47.62 percent: SBP

The soaring budget deficit has forced the government to excessive borrowing from the banking system - surpassing annual limit by 47.62 percent to bridge the income-expenditure gap, the central bank reported on Wednesday.
Published 03 Mar, 2006 12:00am
Pre-bid meeting for PSO sell-off held

Pre-bid meeting for PSO sell-off held

A pre-bid meeting for creating better understanding regarding the bidding process of the privatisation of Pakistan State Oil (PSO) was held in Karachi with Privatisation Commission Secretary M. Tahsin Khan Iqbal in the chair.
Published 03 Mar, 2006 12:00am
Pre-bid meeting for PSO sell-off held

Pre-bid meeting for PSO sell-off held

A pre-bid meeting for creating better understanding regarding the bidding process of the privatisation of Pakistan State Oil (PSO) was held in Karachi with Privatisation Commission Secretary M. Tahsin Khan Iqbal in the chair.
Published 03 Mar, 2006 12:00am
Pre-bid meeting for PSO sell-off held

Pre-bid meeting for PSO sell-off held

A pre-bid meeting for creating better understanding regarding the bidding process of the privatisation of Pakistan State Oil (PSO) was held in Karachi with Privatisation Commission Secretary M. Tahsin Khan Iqbal in the chair.
Published 03 Mar, 2006 12:00am
Over 30 killed in Iraq violence

Over 30 killed in Iraq violence

Rebel attacks across Iraq killed more than 30 people and wounded dozens of others in renewed violence on Thursday, as key political groups opposed incumbent Prime Minister Ibrahim Jaafari's selection as the next premier.
Published 03 Mar, 2006 12:00am
Over 30 killed in Iraq violence

Over 30 killed in Iraq violence

Rebel attacks across Iraq killed more than 30 people and wounded dozens of others in renewed violence on Thursday, as key political groups opposed incumbent Prime Minister Ibrahim Jaafari's selection as the next premier.
Published 03 Mar, 2006 12:00am
Golf course in Gwadar

Golf course in Gwadar

The Gwadar Consultant Group and Al-Asal Developers have signed a Memorandum of Understanding (MoU) to develop a Country Club and Golf Course in Gwadar. The Al-Asal Developers Chairman Iqbal Akhtar Hussain and the Gwadar Consultant Group Chief Executive Ko
Published 03 Mar, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 03 Mar, 2006 12:00am
China hopes US to play 'positive' role

China hopes US to play 'positive' role

China welcomes the United States to play a 'positive' role in promoting improvement of India-Pakistan relations, said Chinese Foreign Ministry spokesman Liu Jianchao.
Published 03 Mar, 2006 12:00am
US troops to leave by March 31

US troops to leave by March 31

With President Bush preparing to visit Pakistan, the US troops, who have provided humanitarian aid in the aftermath of the October 2005 earthquake are planning to depart the country by March 31. But, US officials promise they would continue assisting Paki
Published 03 Mar, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (March 02, 2006).

Published 03 Mar, 2006 12:00am
Nadra and PTCL sign contract

Nadra and PTCL sign contract

The National Database Registration Authority (Nadra) and Pakistan Telecommunications Limited on Thursday inked a contract for payment of PTCL bills.
Published 03 Mar, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 03 Mar, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Mar, 2006 12:00am
Kite flying in Punjab allowed till March 15: Chief Justice

Kite flying in Punjab allowed till March 15: Chief Justice

Chief Justice of Pakistan, Justice Iftikhar Mohammad Chaudhry on Thursday directed Punjab government to conclude kite flying during the celebrations of Jashan-e-Baharan till March 15. He further directed that with effect from March 16 there would be a com
Published 03 Mar, 2006 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 03 Mar, 2006 12:00am
10 modern ambulances waiting for clearance at port

10 modern ambulances waiting for clearance at port

Ten well-equipped Mitsubishi Pajero ambulances from Japan are waiting for clearance at the Karachi Port, this was stated by Pakistan Red Crescent Sindh (PRCS) chairman Major General Mohammad Bashir Khan (Retd) on Wednesday.
Published 03 Mar, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Mar, 2006 12:00am
ISPR refutes criticism

ISPR refutes criticism

A spokesman of ISPR on Thursday strongly rejected the criticism of steering committee of the combined opposition, which appeared in a section of the press, stating that a political statement has been issued after the Corps Commanders conference.
Published 03 Mar, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Thursday (March 02, 2006).

Published 03 Mar, 2006 12:00am
Malaysian entrepreneurs invited to invest in Pakistan

Malaysian entrepreneurs invited to invest in Pakistan

Prime Minister Shaukat Aziz on Thursday invited Malaysian investors to invest in Pakistan, saying the country's growing economy, liberal economic policies and investment-friendly environment offer an ideal destination for foreign investment.
Published 03 Mar, 2006 12:00am
Five more Alfalah Islamic banking branches soon

Five more Alfalah Islamic banking branches soon

Chief Executive, Bank Alfalah Limited, Mohammad Saleem Akhtar has said that the bank will soon open five more branches for Islamic banking. Addressing members of Karachi Chamber of Commerce and Industry (KCCI) on Thursday, he said that at present bank was
Published 03 Mar, 2006 12:00am
Karachi blasts widely condemned

Karachi blasts widely condemned

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain on Thursday strongly condemned bomb blast and urged the government to arrest the culprits. In a statement, he said that these elements are open enemies of Pakistan and its people. They cannot be called Mu
Published 03 Mar, 2006 12:00am
Domestic debt up 6.38 percent

Domestic debt up 6.38 percent

Pakistan's total outstanding domestic debt rose from Rs 2.13 trillion at the end of June 2005 to Rs 2.269 trillion at the end of December 2005, showing an increase of Rs 135.98 billion (6.38 percent), the provisional data issued by the State Bank of Pakis
Published 03 Mar, 2006 12:00am
Shaukat to discuss Kashmir, caricatures issue with Blair

Shaukat to discuss Kashmir, caricatures issue with Blair

Prime Minister Shaukat Aziz will discuss economic ties, regional and international affairs, Kashmir issue and the sacrilegious caricatures, when he meets his British counterpart Tony Blair during his three-day official visit.
Published 03 Mar, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (March 02, 2006).

Published 03 Mar, 2006 12:00am
Cancer treatment on cost-effective basis urged

Cancer treatment on cost-effective basis urged

A meeting of the Cancer Research Group, Pakistan was held at the office of Pakistan Society of Clinical Oncology (PSCO) here to discuss the rising cost of treatment of cancer in Pakistan.
Published 03 Mar, 2006 12:00am
Prime Minister for timely completion of Balochistan projects

Prime Minister for timely completion of Balochistan projects

Prime Minister Shaukat Aziz on Thursday emphasised upon the need for timely completion of development projects in Balochistan, as the government is committed to improving the standard of living of the people.
Published 03 Mar, 2006 12:00am
THE RUPEE: dollar turns a bit lower in currency market

THE RUPEE: dollar turns a bit lower in currency market

Stable trend was seen in the interbank market on Thursday as the rupee shrugged off its overnight weakness in terms of the dollar, picking up two paisa for buying and selling at 59.91 and 59.93, currency experts said.
Published 03 Mar, 2006 12:00am
M2 growth slows

M2 growth slows

The central bank on Thursday said the pace of broad money (M2) growth during the first seven and half months of the fiscal 2005-06 slowed down touching 8.03 percent (Rs 238.26 billion) from 10.37 percent (Rs 257.83 billion) in the corresponding period las
Published 03 Mar, 2006 12:00am
THE RUPEE: dollar turns a bit lower in currency market

THE RUPEE: dollar turns a bit lower in currency market

Stable trend was seen in the interbank market on Thursday as the rupee shrugged off its overnight weakness in terms of the dollar, picking up two paisa for buying and selling at 59.91 and 59.93, currency experts said.
Published 03 Mar, 2006 12:00am
Body to review proposed amendments in IRO 2002

Body to review proposed amendments in IRO 2002

The federal cabinet on Thursday decided to form an inter-ministerial committee to review labour ministry draft bill, aimed at amending Industrial Relations Ordinance (IRO) 2002. The cabinet, with Prime Minister Shaukat Aziz in the chair, asked the committ
Published 03 Mar, 2006 12:00am
Body to review proposed amendments in IRO 2002

Body to review proposed amendments in IRO 2002

The federal cabinet on Thursday decided to form an inter-ministerial committee to review labour ministry draft bill, aimed at amending Industrial Relations Ordinance (IRO) 2002. The cabinet, with Prime Minister Shaukat Aziz in the chair, asked the committ
Published 03 Mar, 2006 12:00am
One killed in landmine blast

One killed in landmine blast

A van driver died and five passengers were hurt on Thursday when their vehicle hit a landmine in the latest violence, officials said. The van was travelling towards the town of Kohlu in Balochistan province when it hit a mine planted on the road, local ad
Published 03 Mar, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 02, 2006).

Published 03 Mar, 2006 12:00am
Rallies condemn blasphemous sketches

Rallies condemn blasphemous sketches

Different political parties, religious groups and traders' bodies on Thursday organised separate protest demonstrations in Multan to condemn the publication of blasphemous caricatures in European newspapers and against the US president's visit to Pakistan
Published 03 Mar, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 02, 2006).

Published 03 Mar, 2006 12:00am
PPPP hits out at NAB

PPPP hits out at NAB

Pakistan Peoples Party Parliamentarians (PPPP) has accused National Accountability Bureau (NAB) of strengthening dictatorship and weakening democracy in the country.
Published 03 Mar, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (March 02, 2006).

Published 03 Mar, 2006 12:00am
US Chamber for increased trade ties with Pakistan

US Chamber for increased trade ties with Pakistan

The United States Chamber of Commerce (USCC) is keen to increasing strong commercial relations with Pakistan, said Executive Director of US-Pak Business Council (USPBC) of US Chamber of Commerce Esperanza Gomes.
Published 03 Mar, 2006 12:00am
Hearing adjourned in Qazi's detension case

Hearing adjourned in Qazi's detension case

The Lahore High Court (LHC) adjourned till March 6, the proceedings in a petition challenging the house arrest of Amir Jamaat-i-Islami Qazi Hussain Ahmed, and directed the law officer to produce the relevant material on the basis of which he was detained
Published 03 Mar, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (March 02, 2006) and for Friday (March 03, 2006).
Published 03 Mar, 2006 12:00am
Division Bench constituted

Division Bench constituted

The Chief Justice of the Lahore High Court (LHC) has constituted a division bench headed by Sheikh Abdul Rashid to dispose of a petition filed by a PPPP candidate Dr Israr Hussain in Senate polls who had challenged the acceptance of nomination papers of a
Published 03 Mar, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (March 02, 2006).

Published 03 Mar, 2006 12:00am
Discrimination against EPZ units decried

Discrimination against EPZ units decried

The Karachi Export Processing Zone Business Council has demanded of the government to stop discriminatory policy against the EPZ industrial units.
Published 03 Mar, 2006 12:00am
Pakistan Steel union's clarification

Pakistan Steel union's clarification

United Workers Front (UMF) of Pakistan Steel on Thursday contradicted rumours that it has signed any agreement or proposal of any package in connection with the privatisation of Pakistan Steel, with its management.
Published 03 Mar, 2006 12:00am
AKU educating people to address threat of bird flu

AKU educating people to address threat of bird flu

After recent identification of bird flu in certain parts of the country, the Aga Khan University (AKU) in an effort to alert and educate the people, is working with the government to address threat of bird flu.
Published 03 Mar, 2006 12:00am
Schools holiday today

Schools holiday today

On the instructions of Sindh Governor Dr Ishratul Ibad Khan all educational institutions in Sindh will remain closed on Friday. In view of this announcement all ongoing examinations in schools and colleges will be rescheduled after the institutions reopen
Published 03 Mar, 2006 12:00am
US MIDDAY: cocoa futures dip

US MIDDAY: cocoa futures dip

US benchmark cocoa futures settled down 0.6 percent on Thursday, pressured by funds and speculators taking profits after the benchmark contract hit a one-week peak earlier in the session, traders said.
Published 03 Mar, 2006 12:00am
US MIDDAY: soyabeans move up

US MIDDAY: soyabeans move up

Soyabean futures at the Chicago Board of Trade rallied on Thursday morning following the rebound in soyameal, traders said. Soyabeans turned around amid a wave of technical buying by commodity funds as the May contract surpassed its 100-day moving average
Published 03 Mar, 2006 12:00am
US MIDDAY: copper rallies

US MIDDAY: copper rallies

US copper futures added to sharp gains of a day earlier on Thursday as overnight fund buying prompted by a widespread strike at Mexico's mines and refineries spilled over to New York, traders said. They added that business had slowed once the initial flur
Published 03 Mar, 2006 12:00am
US MIDDAY: wheat mixed

US MIDDAY: wheat mixed

Wheat futures at the Chicago Board of Trade were narrowly mixed early on Thursday amid forecasts for rain in the Plains and bearish export news, traders said.
Published 03 Mar, 2006 12:00am
US MIDDAY: corn turns up

US MIDDAY: corn turns up

Chicago Board of Trade corn futures turned firm early on Thursday on spillover support from gains in soy, recovering from the declines posted on Wednesday, traders said.
Published 03 Mar, 2006 12:00am
US MIDDAY: sugar jumps

US MIDDAY: sugar jumps

Raw sugar futures settled near session highs Thursday on trade and speculative buying as traders waited for news to provide the market with direction on its next move, brokers said.
Published 03 Mar, 2006 12:00am
Copper firms on technicals

Copper firms on technicals

Copper closed strongly on the London Metal Exchange (LME) on Thursday in technically-inspired buying which traders said could test the all-time high of $5,100 a tonne in coming sessions.
Published 03 Mar, 2006 12:00am
New York cotton softens on speculative sales

New York cotton softens on speculative sales

Cotton futures ended easier Thursday on moderate speculative sales as the market stayed in a band and the weekly government export report did not figure in trading, brokers said.
Published 03 Mar, 2006 12:00am
London sugar higher

London sugar higher

London white sugar futures closed slightly higher after a seesaw session in low volumes in which the market digested an EU sugar tender award in line with expectations, traders said.
Published 03 Mar, 2006 12:00am
US MIDDAY: gold to hit record highs

US MIDDAY: gold to hit record highs

US precious metals futures prices were trading firmer in early business on Thursday, with gold inching toward record highs hit at the beginning of February, amid a continuing bullish fundamental backdrop, sources said.
Published 03 Mar, 2006 12:00am
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