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Print - 2006-04-07
PTCL directed to review, rationalise bandwidth rates

PTCL directed to review, rationalise bandwidth rates

Pakistan Telecommunication Authority (PTA) has directed PTCL to review and rationalise its international bandwidth rates to promote the broadband business in Pakistan and making the tariffs compatible with international markets.
Published 07 Apr, 2006 12:00am
The Weather

The Weather

The weather report on Thursday (April 06, 2006) and the forecast for Friday (April 07, 2006).
Published 07 Apr, 2006 12:00am
9,000-year-old dentistry found in Balochistan

9,000-year-old dentistry found in Balochistan

Dentistry could be a surprise contender for the world's oldest profession after scientists found 9,000-year-old teeth that had been drilled by a highly-skilled practitioner.
Published 07 Apr, 2006 12:00am
New York cotton

New York cotton

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

Published 07 Apr, 2006 12:00am
Sri Lanka for ferry link with Pakistan

Sri Lanka for ferry link with Pakistan

Sri Lanka has asked Pakistan government to start a Colombo-Karachi ferry service and liberalise air services during President Mahinda Rajapakse's recent state visit to neighbouring country, a senior minister said.
Published 07 Apr, 2006 12:00am
New York cotton

New York cotton

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

Published 07 Apr, 2006 12:00am
Pakistan, Yemen likely to sign MoUs on tourism, education

Pakistan, Yemen likely to sign MoUs on tourism, education

Pakistan and Yemen will discuss enhanced co-ordination in fighting terrorism, boost co-operation in higher education, tourism and media, during the visit of Yemen President Ali Abdallah Salih to Pakistan.
Published 07 Apr, 2006 12:00am
73 PAF officers honoured

73 PAF officers honoured

Non-operational military awards were conferred on 73 officers and junior commissioned officers of Pakistan Air Force (PAF) here on Wednesday at Air Headquarters. Chief of the Air Staff Air Chief Marshal Tanvir Mehmood Ahmed was the chief guest on the occa
Published 07 Apr, 2006 12:00am
India urged to respond positively to Pakistan

India urged to respond positively to Pakistan

Veteran Kashmiri Leader Syed Ali Gillani said that Pakistan was the last hope for entire Kashmiri nation. Talking to private TV channel, he said Pakistan had provided commendable moral support to Kashmiris.
Published 07 Apr, 2006 12:00am
'Future of Ummah linked with democracy'

'Future of Ummah linked with democracy'

The future of the Muslim Ummah is inextricably linked with democracy. This should end the disparities among the Muslim countries and within each country between the elite and the street.
Published 07 Apr, 2006 12:00am
Wheat purchasing centers being set up

Wheat purchasing centers being set up

Purchase centers have been established in all the wheat growing areas in Punjab and their number would be increased whenever needed, Provincial Food Minister, Chaudary M Iqbal said on Thursday.
Published 07 Apr, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (April 06, 2006).

Published 07 Apr, 2006 12:00am
Fata farm sector uplift assured

Fata farm sector uplift assured

The development and provision of basic amenities of life at people's doorstep is legal and constitutional right of every citizen. The development of the under-developed areas not only address the problems of local people, but also contribute towards impro
Published 07 Apr, 2006 12:00am
MMA to reverse privatisation if voted to power

MMA to reverse privatisation if voted to power

Muttahida Majlis-i-Amal (MMA) central leader Liaqat Baloch and Jamaat-i-Islami Deputy Secretary General Farid Piracha announced that MMA will reverse the privatisation of state-owned entities if it voted to power in the coming general elections.
Published 07 Apr, 2006 12:00am
International children's health moot held

International children's health moot held

In connection with the 'World Health Day', the Hamdard Public School, Madinat al-Hikmah, Karachi and Hamdard Foundation Pakistan was organised a 15th International Children's Health Conference on Thursday.
Published 07 Apr, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (April 06, 2006).

Published 07 Apr, 2006 12:00am
IGP refuses to accept plot offered by chief minister

IGP refuses to accept plot offered by chief minister

Provincial Police Officer Jehangir Mirza has decided not to accept the plot offered to him along with some other Sindh Government officers by the Sindh Chief Minister and announced to returned the same with thanks.
Published 07 Apr, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 06, 2006).

Published 07 Apr, 2006 12:00am
Shopkeepers hope uplift work to be completed soon

Shopkeepers hope uplift work to be completed soon

The shopkeepers in the Clifton area, who have seen a fall in sales due to the disturbance in traffic caused by huge road repair and improvement work now underway, are hoping that the work would be completed at the earliest so that their sales pick up.
Published 07 Apr, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 06, 2006).

Published 07 Apr, 2006 12:00am
Five agriculture pesticides declared substandard

Five agriculture pesticides declared substandard

Five agricultural pesticide products of different companies working in Sindh province have been declared substandard after testing and analysing the samples of these pesticides in the quality control and testing laboratories of the agriculture department,
Published 07 Apr, 2006 12:00am
Depression may surpass cardiac diseases by 2020

Depression may surpass cardiac diseases by 2020

"Two-third of the 340 million people suffering from depression world-wide, live in the developing countries. Currently the burden of depression is on fourth place in the world but the depression was likely to be the second most prevalent disease by 2020,
Published 07 Apr, 2006 12:00am
World Health Day today

World Health Day today

Like other parts of the world, World Health Day will be observed in Pakistan on Friday. Initiated by World Health Organisation (WHO), the World Health Day is observed every year under the selected themes by WHO to create awareness about healthy environmen
Published 07 Apr, 2006 12:00am
THE RUPEE: sharp gain in interbank market

THE RUPEE: sharp gain in interbank market

Upward trend reappeared in the interbank market on Thursday as the rupee recovered 12 paisa versus the dollar for buying and selling at 60.01 and 60.03 on easy supply of the greenback, experts said.
Published 07 Apr, 2006 12:00am
THE RUPEE: sharp gain in interbank market

THE RUPEE: sharp gain in interbank market

Upward trend reappeared in the interbank market on Thursday as the rupee recovered 12 paisa versus the dollar for buying and selling at 60.01 and 60.03 on easy supply of the greenback, experts said.
Published 07 Apr, 2006 12:00am
Sugar: SHAKARGANJ MILLS LIMITED - Year Ended 30-09-2005

Sugar: SHAKARGANJ MILLS LIMITED - Year Ended 30-09-2005

The company has diversified its business into sugar, ethanol, building material and textile yarn. During the year under review its output of sugar was highest and sugar recovery percentage was also high. After including processing of raw sugar data the su
Published 07 Apr, 2006 12:00am
Sindh Secretariat unable to resist political pressures

Sindh Secretariat unable to resist political pressures

Aggrieved officers of the Sindh Government have said that the Sindh Secretariat is unable to resist political pressures being exerted by the members of the national and provincial assemblies on behalf of the Sindh chief minister in matters of postings and
Published 07 Apr, 2006 12:00am
Sugar: SHAKARGANJ MILLS LIMITED - Year Ended 30-09-2005

Sugar: SHAKARGANJ MILLS LIMITED - Year Ended 30-09-2005

The company has diversified its business into sugar, ethanol, building material and textile yarn. During the year under review its output of sugar was highest and sugar recovery percentage was also high. After including processing of raw sugar data the su
Published 07 Apr, 2006 12:00am
Gas cylinder exploded, one killed

Gas cylinder exploded, one killed

The Zila Nazim Hyderabad Kanwar Naveed has put strict ban on refilling of LPG Gas cylinders at the shops situated in the markets or any residential area within the district jurisdiction.
Published 07 Apr, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (April 06, 2006).

Published 07 Apr, 2006 12:00am
Siemens donates $0.5 million more to quake victims

Siemens donates $0.5 million more to quake victims

The Siemens Pakistan announced that their main shareholder, Siemens AG, has donated their entire shares of the interim dividend of Rs 26,857,872 (Approx. US $0.5 million) for earthquake victims of Pakistan, said a Siemens press release.
Published 07 Apr, 2006 12:00am
Police opinion not admissible in pending cases: LHC

Police opinion not admissible in pending cases: LHC

The Lahore High Court (LHC), while disposing of a petition filed by one Dr Waqar Anjum, has observed that it is a settled law that after taking cognisance of the case by a trial court, the question regarding being guilty or not of an accused is to be deci
Published 07 Apr, 2006 12:00am
Sindh government denies Mengal's charges

Sindh government denies Mengal's charges

The Sindh home department has issued the following press note here on Thursday. The government of Sindh has vehemently denied allegations levelled by Akhtar Mengal as published in certain newspapers against the government and officials of law-enforcement
Published 07 Apr, 2006 12:00am
Minfal errors should not be shifted to sugar industry: PSMA

Minfal errors should not be shifted to sugar industry: PSMA

The Pakistan Sugar Mills Association (PSMA) has condemned the statement of federal minister of food, agriculture and livestock Sikandar Hayat Bosan and said he should not shift his ministry's mistakes to the sugar industry.
Published 07 Apr, 2006 12:00am
Government urged to compensate Pesco

Government urged to compensate Pesco

Peshawar Electricity Supply Company (Pesco) has an outstanding amount of Rs 156 million in the head of providing three months free electricity to the quake-hit areas in the province. It has demanded of the government to compensate the electric power entit
Published 07 Apr, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Thursday (April 06, 2006).

Published 07 Apr, 2006 12:00am
10 SoQs received for Fesco sell-off

10 SoQs received for Fesco sell-off

The Privatisation Commission (PC) has received 10 statements of qualification (SoQs) from strategic investors or consortia of strategic/financial investors interested in acquiring 56 percent interest in Faisalabad Electric Supply Company (FESCO).
Published 07 Apr, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Apr, 2006 12:00am
All arms licences of Akhtar Mengal cancelled

All arms licences of Akhtar Mengal cancelled

The Interior Ministry on Thursday announced the cancellation of all arms licenses issued to Sardar Akhtar Mengal. "The Ministry of Interior, Government of Pakistan, has decided that all arms licenses issued to Sardar Akhtar Mengal by the Federal Governmen
Published 07 Apr, 2006 12:00am
Board meetings in progress

Board meetings in progress

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

Published 07 Apr, 2006 12:00am
PSM, PR financial losses: PAC body orders departmental inquiries

PSM, PR financial losses: PAC body orders departmental inquiries

A sub-committee of the Public Accounts Committee (PAC) on Thursday expressed great resentment over billions of rupees loss incurred by Pakistan Steel Mills (PSM) and Pakistan Railways and directed the authorities to launch prompt departmental inquiries.
Published 07 Apr, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Apr, 2006 12:00am
PTV, FM radio transmission to be extended to Northern Areas and Chitral

PTV, FM radio transmission to be extended to Northern Areas and Chitral

Members of the opposition during National Assembly standing committee on information and broadcasting meeting accused the government of promoting anti-Islamic values through electronic media. The meeting, held on Thursday in the parliament house, was atte
Published 07 Apr, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 07 Apr, 2006 12:00am
Call for genuine dialogue between Muslim world and West

Call for genuine dialogue between Muslim world and West

To avoid clash of civilisations, there should be a genuine dialogue between the Muslim world and the West, as the present one-sided dialogue in the wake of 9/11 would do no good. This was the consensus of speakers at a book launching ceremony held at a lo
Published 07 Apr, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (April 06, 2006).

Published 07 Apr, 2006 12:00am
Askari Bank announces cash dividend

Askari Bank announces cash dividend

The 14th annual general meeting of shareholders of Askari Commercial Bank Limited was held on March 30 in Rawalpindi. The shareholders approved the audited accounts for the year ended December 31, 2005 and payout comprising of cash dividend @ Rs1.50 per s
Published 07 Apr, 2006 12:00am
Askari Bank announces cash dividend

Askari Bank announces cash dividend

The 14th annual general meeting of shareholders of Askari Commercial Bank Limited was held on March 30 in Rawalpindi. The shareholders approved the audited accounts for the year ended December 31, 2005 and payout comprising of cash dividend @ Rs1.50 per s
Published 07 Apr, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 07 Apr, 2006 12:00am
US team briefed on Pak-India peace process

US team briefed on Pak-India peace process

A delegation of US State Senators and leaders from different political parties called on the Foreign Minister Khurshid Mehmood Kasuri here on Thursday.
Published 07 Apr, 2006 12:00am
0.9 million tons sugar shortfall likely

0.9 million tons sugar shortfall likely

Sugar production stood at 2.575 million tons as the crushing season for the year 2005-2006 has come to an end with all sugar mills have reportedly been closed down.
Published 07 Apr, 2006 12:00am
0.9 million tons sugar shortfall likely

0.9 million tons sugar shortfall likely

Sugar production stood at 2.575 million tons as the crushing season for the year 2005-2006 has come to an end with all sugar mills have reportedly been closed down.
Published 07 Apr, 2006 12:00am
0.9 million tons sugar shortfall likely

0.9 million tons sugar shortfall likely

Sugar production stood at 2.575 million tons as the crushing season for the year 2005-2006 has come to an end with all sugar mills have reportedly been closed down.
Published 07 Apr, 2006 12:00am
Earthquake hits Gujarat

Earthquake hits Gujarat

Thousands of people ran out of homes and buildings in India's western Gujarat state on Thursday after an earthquake hit the region, witnesses said, but there were no reports of casualties or major damage.
Published 07 Apr, 2006 12:00am
Earthquake hits Gujarat

Earthquake hits Gujarat

Thousands of people ran out of homes and buildings in India's western Gujarat state on Thursday after an earthquake hit the region, witnesses said, but there were no reports of casualties or major damage.
Published 07 Apr, 2006 12:00am
Death toll in North Waziristan rises to 40

Death toll in North Waziristan rises to 40

Authorities on Thursday said that up to 40 militants were killed by security forces in clashes a day earlier in a remote tribal region near the Afghanistan border.
Published 07 Apr, 2006 12:00am