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Print - 2006-03-29
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (March 28, 2006).

Published 29 Mar, 2006 12:00am
Funds shortage hampers RDA's MTDF programme

Funds shortage hampers RDA's MTDF programme

The Rawalpindi Development Authority (RDA) has failed to get funds for its medium-term development framework (MTDF), a three-year plan for urban development and housing in the city, as the organisation could not convince the ministers and elected represen
Published 29 Mar, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Mar, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Mar, 2006 12:00am
Rind sees silent revolution in Balochistan

Rind sees silent revolution in Balochistan

Minister for States and Frontier Regions, Yar Muhammad Rind said on Tuesday that completion of mega projects in Balochistan would bring a silent revolution of development in the province. Speaking in a PTV programme, he said, most of the mega projects cur
Published 29 Mar, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 29 Mar, 2006 12:00am
Outgoing Japanese envoy meets Elahi

Outgoing Japanese envoy meets Elahi

Punjab Chief Minister Chaudhry Pervaiz Elahi met outgoing Ambassador of Japan to Pakistan Nobuaki Tanaka here on Tuesday. Bilateral relations, economic co-operation and development projects were discussed in the meeting.
Published 29 Mar, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (March 28, 2006).

Published 29 Mar, 2006 12:00am
National Assembly body for NCSW services at grassroots level

National Assembly body for NCSW services at grassroots level

National Assembly Standing Committee on Women Development Chairperson Mehnaz Rafi has stressed the need for introducing the services of the National Commission on Status of Women (NCSW) at grassroots level, setting up the NCSW offices in every province an
Published 29 Mar, 2006 12:00am
Prime Minister for addressing root causes of human rights violations

Prime Minister for addressing root causes of human rights violations

Prime Minister Shaukat Aziz on Tuesday said the government was working for formulation and enforcement of more strict laws to check crimes such as human and drug trafficking and was taking steps to provide better economic opportunities for uplift of depri
Published 29 Mar, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 29 Mar, 2006 12:00am
Musharraf attack case: LHC dismisses petitions of PAF men

Musharraf attack case: LHC dismisses petitions of PAF men

Justice Shahbir Akhtar of the Lahore High Court (LHC) in his short orders dismissed the petitions of four PAF men, Khalid Mehmood (chief technician), Nawazish Ali (carpool technician), Niaz Muhammad (junior technician) and Adnan Rashid (junior technician)
Published 29 Mar, 2006 12:00am
FCA meeting postponed

FCA meeting postponed

A meeting of the Federal Committee on Agriculture (FCA), scheduled for April 1 to fix production targets of crops for coming Kharif season and review those of outgoing Rabi season, has been put off, sources said on Tuesday.
Published 29 Mar, 2006 12:00am
'Without involving women country can't prosper'

'Without involving women country can't prosper'

Change of attitude in society was imperative for providing social justice to women and local government institutions could play important role in this regard. Women are half of the total population and without involving them country could not prosper.
Published 29 Mar, 2006 12:00am
Social Security hospitals to increase beds

Social Security hospitals to increase beds

The Punjab Social Security Department will increase beds in its hospitals from 1400 to 3500, the Social Security Department Commissioner Tahir Naqvi said here on Tuesday.
Published 29 Mar, 2006 12:00am
Over 600 terrorists killed in Wana: Sherpao

Over 600 terrorists killed in Wana: Sherpao

Interior Minister Aftab Ahmed Khan Sherpao has reiterated the government's resolve to continue its war against terrorism, saying that more than 600 local and foreign terrorists have been killed or arrested in Wana during the military operation.
Published 29 Mar, 2006 12:00am
No withholding tax on cash withdrawals for quake victims

No withholding tax on cash withdrawals for quake victims

The Central Board of Revenue (CBR) has withdrawn 0.1 percent withholding tax on cash withdrawals, from the banks, made by the earthquake victims against the compensation received by the government.
Published 29 Mar, 2006 12:00am
No withholding tax on cash withdrawals for quake victims

No withholding tax on cash withdrawals for quake victims

The Central Board of Revenue (CBR) has withdrawn 0.1 percent withholding tax on cash withdrawals, from the banks, made by the earthquake victims against the compensation received by the government.
Published 29 Mar, 2006 12:00am
No withholding tax on cash withdrawals for quake victims

No withholding tax on cash withdrawals for quake victims

The Central Board of Revenue (CBR) has withdrawn 0.1 percent withholding tax on cash withdrawals, from the banks, made by the earthquake victims against the compensation received by the government.
Published 29 Mar, 2006 12:00am
No withholding tax on cash withdrawals for quake victims

No withholding tax on cash withdrawals for quake victims

The Central Board of Revenue (CBR) has withdrawn 0.1 percent withholding tax on cash withdrawals, from the banks, made by the earthquake victims against the compensation received by the government.
Published 29 Mar, 2006 12:00am
Pakistani firm importing Indian tractors via Dubai

Pakistani firm importing Indian tractors via Dubai

Though import of Indian tractors is banned in Pakistan, one of the companies which had been given permission to import duty-free tractors, is reportedly bringing Indian tractors "Farmtrac" through Dubai.
Published 29 Mar, 2006 12:00am
Pakistani firm importing Indian tractors via Dubai

Pakistani firm importing Indian tractors via Dubai

Though import of Indian tractors is banned in Pakistan, one of the companies which had been given permission to import duty-free tractors, is reportedly bringing Indian tractors "Farmtrac" through Dubai.
Published 29 Mar, 2006 12:00am
Pakistani firm importing Indian tractors via Dubai

Pakistani firm importing Indian tractors via Dubai

Though import of Indian tractors is banned in Pakistan, one of the companies which had been given permission to import duty-free tractors, is reportedly bringing Indian tractors "Farmtrac" through Dubai.
Published 29 Mar, 2006 12:00am
Anti-dumping duty on Chinese shoes likely

Anti-dumping duty on Chinese shoes likely

Federal Commerce Minister Humayun Akhtar has said that anti-dumping duty could be imposed on import of Chinese shoes if the local footwear industry convince the National Tariff Commission (NTC) on its case.
Published 29 Mar, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (March 28, 2006).

Published 29 Mar, 2006 12:00am
Anti-dumping duty on Chinese shoes likely

Anti-dumping duty on Chinese shoes likely

Federal Commerce Minister Humayun Akhtar has said that anti-dumping duty could be imposed on import of Chinese shoes if the local footwear industry convince the National Tariff Commission (NTC) on its case.
Published 29 Mar, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (March 28, 2006).

Published 29 Mar, 2006 12:00am
Anti-dumping duty on Chinese shoes likely

Anti-dumping duty on Chinese shoes likely

Federal Commerce Minister Humayun Akhtar has said that anti-dumping duty could be imposed on import of Chinese shoes if the local footwear industry convince the National Tariff Commission (NTC) on its case.
Published 29 Mar, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (March 28, 2006).

Published 29 Mar, 2006 12:00am
Anti-dumping duty on Chinese shoes likely

Anti-dumping duty on Chinese shoes likely

Federal Commerce Minister Humayun Akhtar has said that anti-dumping duty could be imposed on import of Chinese shoes if the local footwear industry convince the National Tariff Commission (NTC) on its case.
Published 29 Mar, 2006 12:00am
Punjab irrigation to release 3,500 cusecs water at Panjnad

Punjab irrigation to release 3,500 cusecs water at Panjnad

The Irrigation authorities of Punjab have agreed to release 3,500 cusecs of water by closing its canals at Panjnad Headworks. This was decided after discussing the issue in detail by Indus River System Authority (IRSA) with Irrigation authorities Punjab o
Published 29 Mar, 2006 12:00am
Punjab irrigation to release 3,500 cusecs water at Panjnad

Punjab irrigation to release 3,500 cusecs water at Panjnad

The Irrigation authorities of Punjab have agreed to release 3,500 cusecs of water by closing its canals at Panjnad Headworks. This was decided after discussing the issue in detail by Indus River System Authority (IRSA) with Irrigation authorities Punjab o
Published 29 Mar, 2006 12:00am
Punjab irrigation to release 3,500 cusecs water at Panjnad

Punjab irrigation to release 3,500 cusecs water at Panjnad

The Irrigation authorities of Punjab have agreed to release 3,500 cusecs of water by closing its canals at Panjnad Headworks. This was decided after discussing the issue in detail by Indus River System Authority (IRSA) with Irrigation authorities Punjab o
Published 29 Mar, 2006 12:00am
Three militants held with arms

Three militants held with arms

Three militants carrying explosives and ammunition were arrested in Tank near South Waziristan on Tuesday, a senior police officer said. Senior Superintendent of Police (SP) Dar Ali Khattak said the militants were on their way from South Waziristan tribal
Published 29 Mar, 2006 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (March 28, 2006).

Published 29 Mar, 2006 12:00am
Three militants held with arms

Three militants held with arms

Three militants carrying explosives and ammunition were arrested in Tank near South Waziristan on Tuesday, a senior police officer said. Senior Superintendent of Police (SP) Dar Ali Khattak said the militants were on their way from South Waziristan tribal
Published 29 Mar, 2006 12:00am
Three die as Pakistan Steel buses collide head on

Three die as Pakistan Steel buses collide head on

At least three people were killed and 25 others injured when two buses of Pakistan Steel met a fatal head-on collision on Tuesday at Y-Junction near Steel Structure Yard of Pakistan Steel, Bin Qasim.
Published 29 Mar, 2006 12:00am
One killed, 15 hurt in Peshawar blast

One killed, 15 hurt in Peshawar blast

One person was killed and 15 were injured when a bomb planted on a motor-cycle exploded in front of Haroon Mansion in the busy near Soekarno Square, Khyber Bazaar, on Tuesday. The explosion was so powerful that the windowpanes of the nearby buildings and
Published 29 Mar, 2006 12:00am
One killed, 15 hurt in Peshawar blast

One killed, 15 hurt in Peshawar blast

One person was killed and 15 were injured when a bomb planted on a motor-cycle exploded in front of Haroon Mansion in the busy near Soekarno Square, Khyber Bazaar, on Tuesday. The explosion was so powerful that the windowpanes of the nearby buildings and
Published 29 Mar, 2006 12:00am
Dubai Islamic declared scheduled bank

Dubai Islamic declared scheduled bank

The State Bank of Pakistan (SBP) in exercise of powers conferred on it by clause (a) of sub-section (2) of Section 37 of SBP Act, 1956, on Tuesday declared Dubai Islamic Bank Pakistan Limited as a scheduled bank with effect from March 28, 2006.
Published 29 Mar, 2006 12:00am
58th annual general meeting of MCB Bank held

58th annual general meeting of MCB Bank held

The 58th annual general meeting of the MCB Bank Limited was held at a hotel in Islamabad here, on Tuesday. MCB Bank Limited Director Aftab Ahmad Khan chaired the meeting.
Published 29 Mar, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (March 28, 2006).

Published 29 Mar, 2006 12:00am
58th annual general meeting of MCB Bank held

58th annual general meeting of MCB Bank held

The 58th annual general meeting of the MCB Bank Limited was held at a hotel in Islamabad here, on Tuesday. MCB Bank Limited Director Aftab Ahmad Khan chaired the meeting.
Published 29 Mar, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (March 28, 2006).
Published 29 Mar, 2006 12:00am
58th annual general meeting of MCB Bank held

58th annual general meeting of MCB Bank held

The 58th annual general meeting of the MCB Bank Limited was held at a hotel in Islamabad here, on Tuesday. MCB Bank Limited Director Aftab Ahmad Khan chaired the meeting.
Published 29 Mar, 2006 12:00am
EU to halve cost of mobile phone calls abroad

EU to halve cost of mobile phone calls abroad

The cost of using a mobile phone abroad in the European Union will be halved next year under proposals outlined on Tuesday, in a move set to hit the earnings of operators hard.
Published 29 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 Tuesday (March 28, 2006).

Published 29 Mar, 2006 12:00am
Intel defends position in EU antitrust probe

Intel defends position in EU antitrust probe

US computer chip maker Intel Corp is confident the way it runs its business is legal, the company's chairman said on Tuesday, commenting on an antitrust investigation by the European Commission.
Published 29 Mar, 2006 12:00am
Iraq north oil exports need months to return

Iraq north oil exports need months to return

Iraq needs a further eight to twelve months before it can resume oil exports from its northern oilfields via Turkey, halted by sabotage, Oil Minister Hashem al-Hashemi said on Tuesday.
Published 29 Mar, 2006 12:00am
Strong earthquake jolts Tokyo area

Strong earthquake jolts Tokyo area

A strong earthquake with a preliminary magnitude of 6.0 jolted the Tokyo area on Tuesday evening, the Japan Meteorological Agency said. There were no immediate reports of injuries or damage and no tsunami warning was issued.
Published 29 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 Tuesday (March 28, 2006).

Published 29 Mar, 2006 12:00am
US consumer cheer near four-year high

US consumer cheer near four-year high

US consumer optimism neared its highest in almost four years in March, buoyed by a strong economy, but spending ebbed toward the end of the month because of colder weather, data showed on Tuesday.
Published 29 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 Tuesday (March 28, 2006).

Published 29 Mar, 2006 12:00am
Mixed trend on ISE

Mixed trend on ISE

Mixed trend was observed at the Islamabad Stock Exchange (ISE) where the equities showed healthy signs under the lead of hot favourite amid increase in index.
Published 29 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 Tuesday (March 28, 2006).

Published 29 Mar, 2006 12:00am
Mixed trend on ISE

Mixed trend on ISE

Mixed trend was observed at the Islamabad Stock Exchange (ISE) where the equities showed healthy signs under the lead of hot favourite amid increase in index.
Published 29 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 29 Mar, 2006 12:00am
Cement sector leads LSE rally

Cement sector leads LSE rally

Bullish trend prevailed on the Lahore Stock Exchange (LSE), where cement sector helped equities recover earlier losses following fresh buying on account of news regarding increase in cement prices.
Published 29 Mar, 2006 12:00am