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Print - 2006-03-21
AIOU gives fee relaxation to quake-hit students

AIOU gives fee relaxation to quake-hit students

Allama Iqbal Open University (AIOU) on Monday announced fee relaxation as relief for quake affected students of NWFP and Azad Kashmir seeking admission in spring and autumn 2006 semester.
Published 21 Mar, 2006 12:00am
Rains brighten prospects of wheat production

Rains brighten prospects of wheat production

Prevailing wet spell is beneficial for agriculture production boosting the prospects of Rabi crops particularly of wheat to meet the set target during the current year.
Published 21 Mar, 2006 12:00am
Judicial moot on March 24

Judicial moot on March 24

The Supreme Court of Pakistan will hold National Judicial Conference on March 24 as a part of its Golden Jubilee celebrations, being celebrated this year on the occasion of 50th anniversary of the establishment of the Supreme Court of Pakistan from 1956 t
Published 21 Mar, 2006 12:00am
The Weather

The Weather

The weather report on Monday (March 20, 2006) and the forecast for Tuesday (March 21, 2006).
Published 21 Mar, 2006 12:00am
Enough sugar in stock: TCP chief

Enough sugar in stock: TCP chief

Trading Corporation of Pakistan (TCP) Chairman Asif Zaman Ansari said on Monday that enough sugar stocks were available in the country. Speaking in a PTV programme, he said total consumption of the sugar in the country was about 3.8 million metric tones p
Published 21 Mar, 2006 12:00am
New York cotton

New York cotton

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

Published 21 Mar, 2006 12:00am
HEC digital library downloads hit million mark

HEC digital library downloads hit million mark

There has been a phenomenal increase in the total number of full text articles downloaded over the previous year by researchers in the universities from the Higher Education Commission's Digital Library.
Published 21 Mar, 2006 12:00am
New York cotton

New York cotton

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

Published 21 Mar, 2006 12:00am
US troop pullout from Iraq demanded

US troop pullout from Iraq demanded

The Lahore High Court Bar Association (LHCBA), while condemning the US aggression on Iraq, has called upon America to withdraw its armed forces from Iraq.
Published 21 Mar, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
'PML government to address masses' grievances'

'PML government to address masses' grievances'

President, Pakistan Muslim League (PML), Chaudhry Shujaat Hussain on Monday said that PML's government is committed to protect rights of all segments of the society.
Published 21 Mar, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
HEP seminar on vegetable exports

HEP seminar on vegetable exports

The Horticulture Foundation of Pakistan (HEP) is organising a two-day national conference on 'Streamlining and export of vegetable crops' from Tuesday at National Agricultural Research Centre (Narc).
Published 21 Mar, 2006 12:00am
Heads of Saarc TV channels meeting today

Heads of Saarc TV channels meeting today

A special meeting of the heads of national TV channels of Saarc countries is being held here on Tuesday to preview documentary 'Saarc in New Millennium'. PTV is hosting the meeting, which would be participated by the heads of respective TV channels of the
Published 21 Mar, 2006 12:00am
Rs 2 billion package for Chawinda uplift approved

Rs 2 billion package for Chawinda uplift approved

Punjab Labour and Human Resources Minister Akhtar Hussain Rizvi has revealed that the Punjab Chief Minister has approved development package of rupees two billion for Chawinda.
Published 21 Mar, 2006 12:00am
PAF to be modernised: Shaukat

PAF to be modernised: Shaukat

Prime Minister Shaukat Aziz on Monday reiterated government's resolve to provide all necessary resources for the modernisation of the Pakistan Air Force (PAF) and to ensure effective defence of the country.
Published 21 Mar, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
'Indian couples facing adjustment problems'

'Indian couples facing adjustment problems'

The divorce rate in the Indian City Mumbai has significantly increased during the last two years, as with more rights awareness among the female population and high expectations, there is adjustment problems among the Indian couples.
Published 21 Mar, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (March 20, 2006) and for Tuesday (March 21, 2006).
Published 21 Mar, 2006 12:00am
IEP observes World Water Day on March 22

IEP observes World Water Day on March 22

The Institute of Engineers Pakistan (IEP) will observe World Water Day on March 22. The IEP on this occasion has arranged a seminar to be chaired by City District Nazim Mian Aamir Mahmood while IEP President Aftab Aslam Agha will preside over the function
Published 21 Mar, 2006 12:00am
Nawaz vows to continue struggle for democracy

Nawaz vows to continue struggle for democracy

Terming the ruling PML(Q) as a group of selfish elements, the former Prime Minister, Mian Nawaz Sharif, has ruled out any possibility of his party's rapprochement with it. He stated this in his telephonic address to the PML-N workers at a function arrange
Published 21 Mar, 2006 12:00am
PS clarification on chairman's views about sale of plots

PS clarification on chairman's views about sale of plots

The news item published in the daily Business Recorder, Karachi on 20-03-2006, titled 'Rs 15.64 billion GHS scheme preferred for Pakistan Steel employees' needs clarification with regard to the raising of expectations of the employees for plots by
Published 21 Mar, 2006 12:00am
Engro Foods launches packaged milk

Engro Foods launches packaged milk

Engro Foods Limited (EFL) on Monday announced the launch of its all-purpose premium packaged milk under the brand name 'Olper's'. This is Engro Food's first step in the foods business and the company has plans to become globally competitive with multiple
Published 21 Mar, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
Former Slic chief passes away

Former Slic chief passes away

Moizuddin Ahmed, former chairman of State Life Insurance Corporation, died in New York after prolonged illness, according to a message received here on Monday.
Published 21 Mar, 2006 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
Jahangir Siddiqui Bank ratings maintained

Jahangir Siddiqui Bank ratings maintained

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term ratings of Jahangir Siddiqui Investment Bank Limited (JSIBL) at 'A+' (Single A Plus) and 'A1' (A One), respectively.
Published 21 Mar, 2006 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
Jahangir Siddiqui Bank ratings maintained

Jahangir Siddiqui Bank ratings maintained

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term ratings of Jahangir Siddiqui Investment Bank Limited (JSIBL) at 'A+' (Single A Plus) and 'A1' (A One), respectively.
Published 21 Mar, 2006 12:00am
KSE-100 index recomposed

KSE-100 index recomposed

The Karachi Stock Exchange (KSE) has recomposed the 100-index, removing six companies and inducting six new ones. The new index would be effective from April 3, 2006.
Published 21 Mar, 2006 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
PC denies Ibrahim Fibres backing out reports

PC denies Ibrahim Fibres backing out reports

The Privatisation Commission has denied reports that Ibrahim Fibres Limited, the successful bidder for Pak American Fertilisers Limited (PAFL), had backed out of its offer to make payment within 14 days on receipt of Letter of Acceptance (LoA).
Published 21 Mar, 2006 12:00am
Refund rules relaxed for exporters of zero-rated sectors

Refund rules relaxed for exporters of zero-rated sectors

Exporters of zero-rated sectors would not be required to submit the shipping document, ie, the mate receipt, for processing of pending sales tax refund cases, where actual export of goods took place up to September 30, 2005 under SRO.992(I)/2005.
Published 21 Mar, 2006 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
Refund rules relaxed for exporters of zero-rated sectors

Refund rules relaxed for exporters of zero-rated sectors

Exporters of zero-rated sectors would not be required to submit the shipping document, ie, the mate receipt, for processing of pending sales tax refund cases, where actual export of goods took place up to September 30, 2005 under SRO.992(I)/2005.
Published 21 Mar, 2006 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
Capital markets benefiting from structural reforms: Prime Minister

Capital markets benefiting from structural reforms: Prime Minister

Prime Minister Shaukat Aziz on Monday said that financial and capital markets in Pakistan were benefiting from the structural reforms introduced by the government during the past six years. He was talking to Paul Callello, Chief Executive Officer of Credi
Published 21 Mar, 2006 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
Hashimi's death widely condoled

Hashimi's death widely condoled

President General Pervez Musharraf and Prime Minister Shaukat Aziz on Monday condoled the death of S.H. Hashmi, founder of country's prime advertisement agency Orient McCann.
Published 21 Mar, 2006 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
Composite dialogue making progress: Sharma

Composite dialogue making progress: Sharma

Observing that India attached immense importance to relations with its neighbours, minister of state for external affairs Anand Sharma on Monday said the composite dialogue with Pakistan was making progress and efforts were on to resolve the boundary disp
Published 21 Mar, 2006 12:00am
Composite dialogue making progress: Sharma

Composite dialogue making progress: Sharma

Observing that India attached immense importance to relations with its neighbours, minister of state for external affairs Anand Sharma on Monday said the composite dialogue with Pakistan was making progress and efforts were on to resolve the boundary disp
Published 21 Mar, 2006 12:00am
THE RUPEE: stable trend in open market

THE RUPEE: stable trend in open market

Firmness prevailed in the currency market on Monday as the rupee managed to resist sharp decline versus the rupee and the euro, dealers said.
Published 21 Mar, 2006 12:00am
S&P assigns ''''B+'''' rating to proposed global bond

S&P assigns ''''B+'''' rating to proposed global bond

Standard & Poor''''s Ratings Services has assigned ''''B+'''' (Bee Plus) senior unsecured foreign currency debt rating to Pakistan''''s (foreign currency B+/Positive/B; local currency BB/Stable/B) proposed global bond issue of up to one billion dollars, a
Published 21 Mar, 2006 12:00am
THE RUPEE: stable trend in open market

THE RUPEE: stable trend in open market

Firmness prevailed in the currency market on Monday as the rupee managed to resist sharp decline versus the rupee and the euro, dealers said.
Published 21 Mar, 2006 12:00am
S&P assigns ''B+'' rating to proposed global bond

S&P assigns ''B+'' rating to proposed global bond

Standard & Poor''s Ratings Services has assigned ''B+'' (Bee Plus) senior unsecured foreign currency debt rating to Pakistan''s (foreign currency B+/Positive/B; local currency BB/Stable/B) proposed global bond issue of up to one billion dollars, according
Published 21 Mar, 2006 12:00am
S&P assigns 'B+' rating to proposed global bond

S&P assigns 'B+' rating to proposed global bond

Standard & Poor's Ratings Services has assigned 'B+' (Bee Plus) senior unsecured foreign currency debt rating to Pakistan's (foreign currency B+/Positive/B; local currency BB/Stable/B) proposed global bond issue of up to one billion dollars, according to
Published 21 Mar, 2006 12:00am
S&P assigns 'B+' rating to proposed global bond

S&P assigns 'B+' rating to proposed global bond

Standard & Poor's Ratings Services has assigned 'B+' (Bee Plus) senior unsecured foreign currency debt rating to Pakistan's (foreign currency B+/Positive/B; local currency BB/Stable/B) proposed global bond issue of up to one billion dollars, according to
Published 21 Mar, 2006 12:00am
Broadband policy fails to attract investment

Broadband policy fails to attract investment

The government''s broadband policy announced in November 2004 has unable to attract potential investment and failed to increase its usage across the country.
Published 21 Mar, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
Broadband policy fails to attract investment

Broadband policy fails to attract investment

The government's broadband policy announced in November 2004 has unable to attract potential investment and failed to increase its usage across the country.
Published 21 Mar, 2006 12:00am
Broadband policy fails to attract investment

Broadband policy fails to attract investment

The government's broadband policy announced in November 2004 has unable to attract potential investment and failed to increase its usage across the country.
Published 21 Mar, 2006 12:00am
2600-km Gwadar to Kyrgyzstan road named ''Asian Highway''

2600-km Gwadar to Kyrgyzstan road named ''Asian Highway''

The government has named the 2600-km road from Gwadar Port to Afghanistan, China and Kyrgyzstan as ''Asian Highway''. The decision was taken in a meeting here on Monday to review the status of roads connectivity to Gwadar. Prime Minister Shaukat Aziz was
Published 21 Mar, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
2600-km Gwadar to Kyrgyzstan road named 'Asian Highway'

2600-km Gwadar to Kyrgyzstan road named 'Asian Highway'

The government has named the 2600-km road from Gwadar Port to Afghanistan, China and Kyrgyzstan as 'Asian Highway'. The decision was taken in a meeting here on Monday to review the status of roads connectivity to Gwadar. Prime Minister Shaukat Aziz was in
Published 21 Mar, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Mar, 2006 12:00am
2600-km Gwadar to Kyrgyzstan road named 'Asian Highway'

2600-km Gwadar to Kyrgyzstan road named 'Asian Highway'

The government has named the 2600-km road from Gwadar Port to Afghanistan, China and Kyrgyzstan as 'Asian Highway'. The decision was taken in a meeting here on Monday to review the status of roads connectivity to Gwadar. Prime Minister Shaukat Aziz was in
Published 21 Mar, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Mar, 2006 12:00am
Pak-Afghan border sealed

Pak-Afghan border sealed

Authorities in the Kurram tribal agency on Monday sealed border with Afghanistan to ensure "peace" during the Chehlum procession of Hazrat Imam Hussain (RA). A procession in Hangu has been planned on Tuesday where some 27 people were killed and many injur
Published 21 Mar, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 21 Mar, 2006 12:00am
Inflation beyond 5 percent termed inimical to growth

Inflation beyond 5 percent termed inimical to growth

The International Monetary Fund (IMF) said that more than five percent inflation may hamper economic and financial growth by arguing that monetary factors are the main drivers of inflation in Pakistan.
Published 21 Mar, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (March 20, 2006).

Published 21 Mar, 2006 12:00am
Pakistan-India joint commission meeting begins today

Pakistan-India joint commission meeting begins today

The meetings of Pakistan-India Joint Commission (JC) will begin in Islamabad from Tuesday, a foreign office spokesperson announced on Monday. The meetings of the Working Groups on Environment and Science and Technology will be held on 21 and 22 March resp
Published 21 Mar, 2006 12:00am
Poultry import banned

Poultry import banned

Sensing a possible threat of deadly bird flu, the government has imposed a ban on import of poultry chickens from four European countries. According to a Statutory Regulatory Order (SRO) issued by the commerce ministry on Monday, the government has banned
Published 21 Mar, 2006 12:00am