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Print - 2006-03-14
Soomro and Jamali greeted

Soomro and Jamali greeted

National Assembly Speaker Chaudhry Amir Hussain and Deputy Speaker Sardar Muhammad Yagoob have extended congratulations to Muhammadmian Soomro and Jan Muhammad Jamali on their election as Chairman and Deputy Chairman of Senate.
Published 14 Mar, 2006 12:00am
Ittefaq assets sales case adjourned for March 28

Ittefaq assets sales case adjourned for March 28

A Division Bench of the Lahore High Court (LHC) on Monday adjourned further proceedings of an Intra-Court Appeal (ICA) challenging the decision for the disposal of four steel units of the Ittefaq Groups of Industries for March 28.
Published 14 Mar, 2006 12:00am
Reduction in taxes on POL products demanded

Reduction in taxes on POL products demanded

All Pakistan Vigilance Petroleum Dealers Foundation has demanded reduction in taxes on petroleum products in order to provide relief to the people already burdened with price hike in the country.
Published 14 Mar, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (March 13, 2006).

Published 14 Mar, 2006 12:00am
Faisalabad University working lauded

Faisalabad University working lauded

The University of Faisalabad will soon emerge as a world class university because of its highly educated and committed faculty and most conducive climate provided in its purpose built campus. Punjab Commerce and Investment Secretary Saeed Ahmed Alvi said
Published 14 Mar, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (March 13, 2006).

Published 14 Mar, 2006 12:00am
Water to tail-enders ensured

Water to tail-enders ensured

Punjab Irrigation Minister, taking notice of complaints submitted by tail-end farmers, has ordered the department authorities to ensure supply of water to the land of tail-enders and stop water-theft.
Published 14 Mar, 2006 12:00am
New York cotton

New York cotton

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

Published 14 Mar, 2006 12:00am
New York cotton

New York cotton

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

Published 14 Mar, 2006 12:00am
Opposition senators ill-will approach condemned

Opposition senators ill-will approach condemned

Secretary Information, Pakistan Muslim League, Senator Tariq Azeem on Monday condemned the objectionable behaviour of opposition in the Senate on the occasion of election of chairman and deputy chairman.
Published 14 Mar, 2006 12:00am
The Weather

The Weather

The weather report on Monday (March 13, 2006) and the forecast for Tuesday (March 14, 2006).
Published 14 Mar, 2006 12:00am
Government committed to promoting arts and culture: Anisa

Government committed to promoting arts and culture: Anisa

Minister of State for Information and Broadcasting, Anisa Zeb Tahirkheli said on Monday the government is committed to promoting arts and cultural activities, as it helps project the country's soft image abroad.
Published 14 Mar, 2006 12:00am
Proceedings adjourned

Proceedings adjourned

Special Anti Terrorism Court on Monday adjourned the proceedings in bail applications filed by MNA Khawaja Saad Rafique and PML-N General Secretary Punjab Zaeem Qadri to March 14 and issued notices to the respondents for the day.
Published 14 Mar, 2006 12:00am
Mobilink launches GPRS powered services

Mobilink launches GPRS powered services

Mobilink, the country's leading cellular service and part of the Orascom Telecom group, continues to remain ahead of the competition as the leading cellular company in Pakistan and has expanded its GPRS powered services with WAP portal to the city of Sial
Published 14 Mar, 2006 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
Published 14 Mar, 2006 12:00am
Jammu University delegation visits GCU

Jammu University delegation visits GCU

University of Jammu Vice Chancellor Professor Amitabh Mattoo expressed his desire to enhance educational ties with the Government College University Lahore.
Published 14 Mar, 2006 12:00am
Rs 200 prize bonds' draw on March 15

Rs 200 prize bonds' draw on March 15

The 25th draw of Rs 200 denomination of prize bonds would be held here at the State Bank of Pakistan at 9.00 am on March 15 (Wednesday), it was officially stated here on Monday.
Published 14 Mar, 2006 12:00am
Call to introduce simplified tax system

Call to introduce simplified tax system

The Multan Chamber of Commerce and Industry (MCCI), in its sales tax proposals for the Budget 2006-07, has urged the government to introduce simplified tax system with very logical requirement of book keeping.
Published 14 Mar, 2006 12:00am
Outgoing Air Chief calls on Prime Minister

Outgoing Air Chief calls on Prime Minister

Prime Minister Shaukat Aziz appreciated the leadership qualities of out-going Chief of Pakistan Air Force Air Marshal Saadat Kaleem and said PAF achieved excellence in various fields during his tenure.
Published 14 Mar, 2006 12:00am
PPP and PML-N to gear up efforts for joint movement

PPP and PML-N to gear up efforts for joint movement

Following the rendezvous between Benazir Bhutto and Shahbaz Sharif in Dubai last week, Pakistan People's Party and Pakistan Muslim League (Nawaz) have decided to gear up efforts for a joint movement for revival of 'democracy'.
Published 14 Mar, 2006 12:00am
Polls without exiled leaders unacceptable: PML-N

Polls without exiled leaders unacceptable: PML-N

PML-N provincial executive committee has decided that no elections would be acceptable to Alliance for Restoration of Democracy (ARD) without the active participation of exile leadership of PPP and PML-N.
Published 14 Mar, 2006 12:00am
Treasury, opposition integral part of democracy: Shaukat

Treasury, opposition integral part of democracy: Shaukat

Prime Minister Shaukat Aziz said on Monday that process of elections of the Senate has been completed in a fair, free, impartial and transparent manner. Talking to newsmen here at Prime Minister House, he said, all members of PML and its allied parties we
Published 14 Mar, 2006 12:00am
'Rs 11 billion to be spent on immunisation in 5 years'

'Rs 11 billion to be spent on immunisation in 5 years'

Chairman Senate Mohammedmian Soomro has reiterated the resolve of the government to provide better healthcare facilities to people particularly children, who are future of the nation, adding that more than Rs 11 billion would be spend on their immunisatio
Published 14 Mar, 2006 12:00am
Eight small dams costing Rs 629 million being built in tribal areas

Eight small dams costing Rs 629 million being built in tribal areas

Priority is being given to construction of small dams to boost food production and expand farm sector of the tribal areas, and so far three out of eight dams have been completed while work is in progress on the remaining five water reservoirs.
Published 14 Mar, 2006 12:00am
¥4 billion Japanese quake assistance

¥4 billion Japanese quake assistance

Japan has decided to extend an amount of four billion Japanese Yen Grant in Aid to Pakistan for the reconstruction efforts in the earthquake-affected areas.
Published 14 Mar, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (March 13, 2006) and for Tuesday (March 14, 2006).
Published 14 Mar, 2006 12:00am
Fata lawyers demand end to military operation

Fata lawyers demand end to military operation

The Fata Lawyers Forum, an association of Peshawar-based tribal lawyers, has demanded immediate end to the ongoing military operation in Waziristan, lifting curfew and constitution of an impartial commission to resolve the matter through negotiations.
Published 14 Mar, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (March 13, 2006).

Published 14 Mar, 2006 12:00am
Public access to information demanded

Public access to information demanded

The speakers and participants in a seminar on "Freedom of Information in Pakistan: Where Do We Stand?" organised by Sustainable Development Policy Institute, Islamabad on Monday urged the government to recognise public access to information as a right not
Published 14 Mar, 2006 12:00am
SCO to strengthen cooperation with Pakistan

SCO to strengthen cooperation with Pakistan

Member states of the Shanghai Co-operation Organisation (SCO) will strengthen their co-operation with observer countries, including Pakistan, in fighting terrorism, reports Chinese media quoting official sources.
Published 14 Mar, 2006 12:00am
Jalalabad bus service from March 15

Jalalabad bus service from March 15

Amidst rising tension, Pakistan and Afghanistan are all set to establish first-ever bus service from March 15, 2006. A trial bus would reach Pakistan's north-western city of Peshawar from Afghanistan's eastern Jalalabad Town.
Published 14 Mar, 2006 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 14 Mar, 2006 12:00am
'President assures to review ban on one-dish at weddings'

'President assures to review ban on one-dish at weddings'

President General Pervez Musharraf has said that the government would review proposal of lifting ban on one-dish at weddings in a bid to provide much-needed support to the poultry industry, which is in bad shape due to bird flu rumours being aired by some
Published 14 Mar, 2006 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 Comm
Published 14 Mar, 2006 12:00am
One Customs Project: enforcement of NTN to clear consignments starts

One Customs Project: enforcement of NTN to clear consignments starts

The Central Board of Revenue (CBR) has started verifications of importers/exporters' National Tax Numbers (NTNs) for clearance of only those consignments where same particulars including name/business addresses have been declared with the sales tax and cu
Published 14 Mar, 2006 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 (March 13, 2006).

Published 14 Mar, 2006 12:00am
One Customs Project: enforcement of NTN to clear consignments starts

One Customs Project: enforcement of NTN to clear consignments starts

The Central Board of Revenue (CBR) has started verifications of importers/exporters' National Tax Numbers (NTNs) for clearance of only those consignments where same particulars including name/business addresses have been declared with the sales tax and cu
Published 14 Mar, 2006 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 (March 13, 2006).

Published 14 Mar, 2006 12:00am
One Customs Project: enforcement of NTN to clear consignments starts

One Customs Project: enforcement of NTN to clear consignments starts

The Central Board of Revenue (CBR) has started verifications of importers/exporters'' National Tax Numbers (NTNs) for clearance of only those consignments where same particulars including name/business addresses have been declared with the sales tax and c
Published 14 Mar, 2006 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 (March 13, 2006).

Published 14 Mar, 2006 12:00am
US rules out India-like nuclear facility for Pakistan

US rules out India-like nuclear facility for Pakistan

The visiting US Energy Secretary Samuel Wright Bodman, on Monday ruled out the possibility of his country's co-operation with Pakistan for civil nuclear facility, saying that "Islamabad is our strategic partner, but Washington would not offer it India-lik
Published 14 Mar, 2006 12:00am
US rules out India-like nuclear facility for Pakistan

US rules out India-like nuclear facility for Pakistan

The visiting US Energy Secretary Samuel Wright Bodman, on Monday ruled out the possibility of his country's co-operation with Pakistan for civil nuclear facility, saying that "Islamabad is our strategic partner, but Washington would not offer it India-lik
Published 14 Mar, 2006 12:00am
US rules out India-like nuclear facility for Pakistan

US rules out India-like nuclear facility for Pakistan

The visiting US Energy Secretary Samuel Wright Bodman, on Monday ruled out the possibility of his country''s co-operation with Pakistan for civil nuclear facility, saying that "Islamabad is our strategic partner, but Washington would not offer it India-li
Published 14 Mar, 2006 12:00am
CPI stands at 8.05 percent

CPI stands at 8.05 percent

The Consumer Price Index (CPI) in February stood at 8.05 percent as it was 9.95 percent during the corresponding month last year. While the inflation of eight-month (July-February 2005-06) has gone down to 8.42 percent over the corresponding period last y
Published 14 Mar, 2006 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 (March 13, 2006).

Published 14 Mar, 2006 12:00am
CPI stands at 8.05 percent

CPI stands at 8.05 percent

The Consumer Price Index (CPI) in February stood at 8.05 percent as it was 9.95 percent during the corresponding month last year. While the inflation of eight-month (July-February 2005-06) has gone down to 8.42 percent over the corresponding period last y
Published 14 Mar, 2006 12:00am
CPI stands at 8.05 percent

CPI stands at 8.05 percent

The Consumer Price Index (CPI) in February stood at 8.05 percent as it was 9.95 percent during the corresponding month last year. While the inflation of eight-month (July-February 2005-06) has gone down to 8.42 percent over the corresponding period last y
Published 14 Mar, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (March 13, 2006).
Published 14 Mar, 2006 12:00am
Auto industry, government differences stay unresolved

Auto industry, government differences stay unresolved

The differences between government and auto manufacturers over issues like protection and ban on import of used cars could not be resolved as both sides remained firm on their respective positions.
Published 14 Mar, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (March 13, 2006).

Published 14 Mar, 2006 12:00am
Auto industry, government differences stay unresolved

Auto industry, government differences stay unresolved

The differences between government and auto manufacturers over issues like protection and ban on import of used cars could not be resolved as both sides remained firm on their respective positions.
Published 14 Mar, 2006 12:00am
Auto industry, government differences stay unresolved

Auto industry, government differences stay unresolved

The differences between government and auto manufacturers over issues like protection and ban on import of used cars could not be resolved as both sides remained firm on their respective positions.
Published 14 Mar, 2006 12:00am
MOL discovers oil and gas in NWFP

MOL discovers oil and gas in NWFP

Hungarian oil and gas group MOL on Monday announced discoveries of 87.6 MMscf/day of gas and 1637 bbl/day of oil in TAL Block located in NWFP.
Published 14 Mar, 2006 12:00am
MOL discovers oil and gas in NWFP

MOL discovers oil and gas in NWFP

Hungarian oil and gas group MOL on Monday announced discoveries of 87.6 MMscf/day of gas and 1637 bbl/day of oil in TAL Block located in NWFP.
Published 14 Mar, 2006 12:00am
MOL discovers oil and gas in NWFP

MOL discovers oil and gas in NWFP

Hungarian oil and gas group MOL on Monday announced discoveries of 87.6 MMscf/day of gas and 1637 bbl/day of oil in TAL Block located in NWFP.
Published 14 Mar, 2006 12:00am
KSE index undergoes widespread erosion

KSE index undergoes widespread erosion

Rumours of selling by overseas fund managers and lack of support from local big buyers resulted in substantial losses on the equity market on Monday, which dragged the Karachi Stock Exchange (KSE-100) index to 10,094 level. But some analysts termed the on
Published 14 Mar, 2006 12:00am
KSE index undergoes widespread erosion

KSE index undergoes widespread erosion

Rumours of selling by overseas fund managers and lack of support from local big buyers resulted in substantial losses on the equity market on Monday, which dragged the Karachi Stock Exchange (KSE-100) index to 10,094 level. But some analysts termed the on
Published 14 Mar, 2006 12:00am
KSE index undergoes widespread erosion

KSE index undergoes widespread erosion

Rumours of selling by overseas fund managers and lack of support from local big buyers resulted in substantial losses on the equity market on Monday, which dragged the Karachi Stock Exchange (KSE-100) index to 10,094 level. But some analysts termed the on
Published 14 Mar, 2006 12:00am
Raise in fiscal deficit target under study

Raise in fiscal deficit target under study

The government is considering to revise upward the fiscal deficit target due to massive borrowing for budget financing as the annual credit plan has already touched Rs 109 billion in seven months (July-January) of current fiscal year against the target of
Published 14 Mar, 2006 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (March 13, 2006).

Published 14 Mar, 2006 12:00am
Raise in fiscal deficit target under study

Raise in fiscal deficit target under study

The government is considering to revise upward the fiscal deficit target due to massive borrowing for budget financing as the annual credit plan has already touched Rs 109 billion in seven months (July-January) of current fiscal year against the target of
Published 14 Mar, 2006 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 (March 13, 2006).
Published 14 Mar, 2006 12:00am
Raise in fiscal deficit target under study

Raise in fiscal deficit target under study

The government is considering to revise upward the fiscal deficit target due to massive borrowing for budget financing as the annual credit plan has already touched Rs 109 billion in seven months (July-January) of current fiscal year against the target of
Published 14 Mar, 2006 12:00am
Focus on agriculture-based products to boost export

Focus on agriculture-based products to boost export

President General Pervez Musharraf said on Monday that the government was pursuing a five-point future strategy, with special focus on development of agriculture-based products, for boosting country's export.
Published 14 Mar, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 13, 2006).

Published 14 Mar, 2006 12:00am
Focus on agriculture-based products to boost export

Focus on agriculture-based products to boost export

President General Pervez Musharraf said on Monday that the government was pursuing a five-point future strategy, with special focus on development of agriculture-based products, for boosting country's export.
Published 14 Mar, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 13, 2006).

Published 14 Mar, 2006 12:00am
Focus on agriculture-based products to boost export

Focus on agriculture-based products to boost export

President General Pervez Musharraf said on Monday that the government was pursuing a five-point future strategy, with special focus on development of agriculture-based products, for boosting country''s export.
Published 14 Mar, 2006 12:00am
LSE index sheds 226.97 points

LSE index sheds 226.97 points

Equities registered losses across the board on Lahore Stock Exchange (LSE) on Monday amid descending transaction volume due to aggressive selling by the institutions, while small investors remained on the sidelines.
Published 14 Mar, 2006 12:00am
LSE index sheds 226.97 points

LSE index sheds 226.97 points

Equities registered losses across the board on Lahore Stock Exchange (LSE) on Monday amid descending transaction volume due to aggressive selling by the institutions, while small investors remained on the sidelines.
Published 14 Mar, 2006 12:00am
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