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Apr 17, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-07-17
Company results to start pouring in by month-end

Company results to start pouring in by month-end

Listed companies results would start pouring in and analysts expect that banks, E&P and cement groups would show an average profitability growth in the range of 55 percent to 75 percent. Th result season is to arrive soon at the market. We expect from the
Published 17 Jul, 2006 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (July 10 to 15, 2006).

Published 17 Jul, 2006 12:00am
The Weather

The Weather

The weather report on Sunday (April 16) and the forecast for Monday (April 17, 2006).
Published 17 Jul, 2006 12:00am
US assistant secretary visits quake zone

US assistant secretary visits quake zone

United States Assistant Secretary of State for Economic and Business Affairs, Daniel Sullivan visited Muzaffarabad, Balakot and Mansehra districts to see firsthand effects of the October 8 earthquake.
Published 17 Jul, 2006 12:00am
45 killed in Israeli strikes on Lebanon

45 killed in Israeli strikes on Lebanon

At least 45 people were killed and 111 were hurt in Israel's ongoing offensive on Lebanon on Sunday, with five days of Israeli bombardments and air strikes claiming a total of 148 lives.
Published 17 Jul, 2006 12:00am
45 killed in Israeli strikes on Lebanon

45 killed in Israeli strikes on Lebanon

At least 45 people were killed and 111 were hurt in Israel's ongoing offensive on Lebanon on Sunday, with five days of Israeli bombardments and air strikes claiming a total of 148 lives.
Published 17 Jul, 2006 12:00am
Shaukat phones Siniora

Shaukat phones Siniora

Prime Minister Shaukat Aziz telephoned his Lebanese counterpart Fouad Siniora on Sunday afternoon, and expressed Pakistan's solidarity with the Lebanese people. An official press release said the prime minister strongly condemned the violence being commit
Published 17 Jul, 2006 12:00am
Shaukat phones Siniora

Shaukat phones Siniora

Prime Minister Shaukat Aziz telephoned his Lebanese counterpart Fouad Siniora on Sunday afternoon, and expressed Pakistan's solidarity with the Lebanese people. An official press release said the prime minister strongly condemned the violence being commit
Published 17 Jul, 2006 12:00am
50 killed in Iraq attacks

50 killed in Iraq attacks

A suicide bomber walked into a coffee shop, asked for a glass of water and then blew himself up on Sunday, killing 23 people in a northern town, as at least 25 people died elsewhere in Iraq.
Published 17 Jul, 2006 12:00am
50 killed in Iraq attacks

50 killed in Iraq attacks

A suicide bomber walked into a coffee shop, asked for a glass of water and then blew himself up on Sunday, killing 23 people in a northern town, as at least 25 people died elsewhere in Iraq.
Published 17 Jul, 2006 12:00am
No action in sight against illegal bus termini in Karachi

No action in sight against illegal bus termini in Karachi

The public transport system in Karachi, the most neglected sphere of civic life in the seventh largest city of the world, continues to run in mess, as concerned bureaucracy has yet to summon courage to take on what the citizens call a transporter mafia.
Published 17 Jul, 2006 12:00am
32 held on Pak-Iran border

32 held on Pak-Iran border

Iran Border Security Force have arrested 32 Pakistanis on Pak-Iran border and handed them over to Taftan Levies force on Sunday. DCO Chaghi Abdul Hamid Mengal told newsmen that these people were crossing the border without any legal documents. They wanted
Published 17 Jul, 2006 12:00am
Tomato prices up in interior Sindh

Tomato prices up in interior Sindh

Tomato prices are skyrocketing in interior Sindh and surged up to Rs 80 per kilogram. In various districts of lower Sindh including Dadu, Jamshoro, Badin, Thatta rates of tomato are adversely affected by this surge, while poor-standard tomatoes are also b
Published 17 Jul, 2006 12:00am
Islamabad must commit to ending cross-border terror: Manmohan

Islamabad must commit to ending cross-border terror: Manmohan

Indian Prime Minister Manmohan Singh on Sunday demanded that Pakistan should make a "firm commitment" to stop terrorists using its territory to stage attacks against India, the Press Trust of India news agency reported.
Published 17 Jul, 2006 12:00am
Islamabad must commit to ending cross-border terror: Manmohan

Islamabad must commit to ending cross-border terror: Manmohan

Indian Prime Minister Manmohan Singh on Sunday demanded that Pakistan should make a "firm commitment" to stop terrorists using its territory to stage attacks against India, the Press Trust of India news agency reported.
Published 17 Jul, 2006 12:00am
Nine hurt in Balochistan blast

Nine hurt in Balochistan blast

Nine people were injured on Sunday when a bomb exploded in Barkhan, police said. A man placed a bomb in a bag in a radio mechanic's shop in the main market of Barkhan, 400 kilometers (250 miles) south-east of Quetta, local police officer Rahim Bakhsh told
Published 17 Jul, 2006 12:00am
Nine hurt in Balochistan blast

Nine hurt in Balochistan blast

Nine people were injured on Sunday when a bomb exploded in Barkhan, police said. A man placed a bomb in a bag in a radio mechanic's shop in the main market of Barkhan, 400 kilometers (250 miles) south-east of Quetta, local police officer Rahim Bakhsh told
Published 17 Jul, 2006 12:00am
Trade Policy announcement today

Trade Policy announcement today

Commerce Minister Humayun Akhtar will announce the 'Trade Policy 2006-07' on Monday evening, prepared much in line with the directions of President Pervez Musharraf communicated to the Commerce Ministry on Saturday.
Published 17 Jul, 2006 12:00am
Trade Policy announcement today

Trade Policy announcement today

Commerce Minister Humayun Akhtar will announce the 'Trade Policy 2006-07' on Monday evening, prepared much in line with the directions of President Pervez Musharraf communicated to the Commerce Ministry on Saturday.
Published 17 Jul, 2006 12:00am
Trade Policy announcement today

Trade Policy announcement today

Commerce Minister Humayun Akhtar will announce the ''Trade Policy 2006-07'' on Monday evening, prepared much in line with the directions of President Pervez Musharraf communicated to the Commerce Ministry on Saturday.
Published 17 Jul, 2006 12:00am
Cautious approach limits gains on KSE

Cautious approach limits gains on KSE

Though the Karachi Stock Exchange (KSE) index last week recorded gain, but cautious approach from seasoned investors and volatile situation limit unprecedented increase where values stay above 10,000 levels.
Published 17 Jul, 2006 12:00am
Cautious approach limits gains on KSE

Cautious approach limits gains on KSE

Though the Karachi Stock Exchange (KSE) index last week recorded gain, but cautious approach from seasoned investors and volatile situation limit unprecedented increase where values stay above 10,000 levels.
Published 17 Jul, 2006 12:00am
Cautious approach limits gains on KSE

Cautious approach limits gains on KSE

Though the Karachi Stock Exchange (KSE) index last week recorded gain, but cautious approach from seasoned investors and volatile situation limit unprecedented increase where values stay above 10,000 levels.
Published 17 Jul, 2006 12:00am
CFS investment increases

CFS investment increases

Investment in CFS (continued funding system) rose sharply last week, which indicated that interest from retail investor was gradually and steadily improving where rate witnessed marginal drop.
Published 17 Jul, 2006 12:00am
CFS investment increases

CFS investment increases

Investment in CFS (continued funding system) rose sharply last week, which indicated that interest from retail investor was gradually and steadily improving where rate witnessed marginal drop.
Published 17 Jul, 2006 12:00am
CFS investment increases

CFS investment increases

Investment in CFS (continued funding system) rose sharply last week, which indicated that interest from retail investor was gradually and steadily improving where rate witnessed marginal drop.
Published 17 Jul, 2006 12:00am
CFS investment increases

CFS investment increases

Investment in CFS (continued funding system) rose sharply last week, which indicated that interest from retail investor was gradually and steadily improving where rate witnessed marginal drop.
Published 17 Jul, 2006 12:00am
India puts off peace talks with Pakistan

India puts off peace talks with Pakistan

India has put off peace talks with Pakistan due this week after suspicion over the Mumbai train bombings fell on militants based in that country, a top Indian Foreign Ministry official said on Sunday.
Published 17 Jul, 2006 12:00am
India puts off peace talks with Pakistan

India puts off peace talks with Pakistan

India has put off peace talks with Pakistan due this week after suspicion over the Mumbai train bombings fell on militants based in that country, a top Indian Foreign Ministry official said on Sunday.
Published 17 Jul, 2006 12:00am
LSE registers gain despite negative factors

LSE registers gain despite negative factors

The Lahore share market the past week gained 2.49 percent raise despite negative factors concerning controversy over the bourses crash in 2005, as low price levels and optimism of corporate results season encouraged institutional buyers to pick select sto
Published 17 Jul, 2006 12:00am
LSE registers gain despite negative factors

LSE registers gain despite negative factors

The Lahore share market the past week gained 2.49 percent raise despite negative factors concerning controversy over the bourses crash in 2005, as low price levels and optimism of corporate results season encouraged institutional buyers to pick select sto
Published 17 Jul, 2006 12:00am
Toyota eyes alliance with General Motors: report

Toyota eyes alliance with General Motors: report

Japanese auto giant Toyota Motor is considering proposing an alliance with General Motors to prevent its US rival from forming a three-way tie-up with Renault and Nissan, BusinessWeek magazine reported Saturday.
Published 17 Jul, 2006 12:00am
Teledensity growth almost double in fiscal year 2006

Teledensity growth almost double in fiscal year 2006

The teledensity in the last fiscal year was more than double after consumers attracted towards cellular phones. The telecom sector is one of the fastest growing sectors in Pakistan. Indeed, the FY06 could be termed as a fabulous year for the telecom secto
Published 17 Jul, 2006 12:00am
Teledensity growth almost double in fiscal year 2006

Teledensity growth almost double in fiscal year 2006

The teledensity in the last fiscal year was more than double after consumers attracted towards cellular phones. The telecom sector is one of the fastest growing sectors in Pakistan. Indeed, the FY06 could be termed as a fabulous year for the telecom secto
Published 17 Jul, 2006 12:00am
Teledensity growth almost double in fiscal year 2006

Teledensity growth almost double in fiscal year 2006

The teledensity in the last fiscal year was more than double after consumers attracted towards cellular phones. The telecom sector is one of the fastest growing sectors in Pakistan. Indeed, the FY06 could be termed as a fabulous year for the telecom secto
Published 17 Jul, 2006 12:00am
Young Pakistanis appreciate economic uplift in China

Young Pakistanis appreciate economic uplift in China

The exchange of delegation between China and Pakistan will further strengthen relationship between the two countries, which has matured into a strategic partnership over 55 years of bilateral relations.
Published 17 Jul, 2006 12:00am
Tribal elders hail Bugti commanders surrender

Tribal elders hail Bugti commanders surrender

Tribal elders of Bugti tribe on Sunday welcomed the decision of twelve Massori Bugti commanders along with their 80 armed supporters who surrendered to the government on Saturday.
Published 17 Jul, 2006 12:00am
Infrastructure industries' working slightly weakens

Infrastructure industries' working slightly weakens

The overall performance of infrastructure industries measured by the composite index of seven infrastructure industries slightly weakened during the first nine months of FY06. According to official sources, these industries are electricity generation, nat
Published 17 Jul, 2006 12:00am
'Textile package to tackle problems of industry'

'Textile package to tackle problems of industry'

Textile Ministry has played a major role in formulating Rs 25 billion textile package to tackle the problems of this industry within a record period of only three months.
Published 17 Jul, 2006 12:00am
NTUFP rally on July 20

NTUFP rally on July 20

National Trade Union Federation Pakistan (Punjab), agitating against the recently passed anti-labour laws, will stage a protest rally in Lahore on July 20. This was revealed in a press release of the Federation received here on Sunday.
Published 17 Jul, 2006 12:00am
'Cheap electricity can bring revolution'

'Cheap electricity can bring revolution'

Industrial revolution can only be made possible through providing cheaper electricity, low price oil and relaxation of taxes in raw material, said Provincial Minister for Power, Chaudhry Armughan Subhani while talking to a delegation of industrialists cam
Published 17 Jul, 2006 12:00am
'Plan to start Sialkot-Lahore fast train under study'

'Plan to start Sialkot-Lahore fast train under study'

State Minister for Railway Ali Asjad Malhi has said that plan is under consideration for starting fast train between Sialkot and Lahore to facilitate the people in general and in particular business community of this export-oriented city and hub of cottag
Published 17 Jul, 2006 12:00am
Pharmaceutical industry records 14.2 percent growth

Pharmaceutical industry records 14.2 percent growth

The pharmaceutical sector in the country presents accelerated growth, as 10 new pharmaceutical companies have been set up in Karachi, 45 in Punjab and 10 in the NWFP in recent times.
Published 17 Jul, 2006 12:00am
Timely completion of water supply projects urged

Timely completion of water supply projects urged

Punjab Communication and Works Minister Chaudhry Zaheeruddin Khan has urged engineers to ensure timely completion of water supply projects initiated by the federal government.
Published 17 Jul, 2006 12:00am
Strategy evolved to develop SMEs: minister

Strategy evolved to develop SMEs: minister

Provincial Industries, Investment and Commerce Minister Muhammad Akmal Cheema has said that a strategy has been evolved for the development of small and medium industries (SMEs) for ensuring strong industrial base in the Punjab.
Published 17 Jul, 2006 12:00am
International judicial moot success pledged

International judicial moot success pledged

The representatives of the apex bar associations of the country have pledged to and assured the Chief Justice of Pakistan of their full co-operation to make the International Judicial Conference successful and fruitful.
Published 17 Jul, 2006 12:00am
'Technical education to be made relevant to market needs'

'Technical education to be made relevant to market needs'

Executive Director, National Vocational and Technical Education Commission (Navtec), Khushnood Akhtar Lashari has said that technical education and vocational training will be made relevant to the needs of market.
Published 17 Jul, 2006 12:00am
Textile items export up by 18.4 percent

Textile items export up by 18.4 percent

The textile items export rises by 18.4 percent during July-May FY 2005-06, against nominal growth of 4.4 percent realised during the same period of the last year. According to official sources, both the low value-added and high value-added products contri
Published 17 Jul, 2006 12:00am
Foreign investigators visit Fokker crash site

Foreign investigators visit Fokker crash site

A three-member foreign investigation team visited the Fokker plane crash site here on Sunday as part of the ongoing investigations into the tragic incident.
Published 17 Jul, 2006 12:00am
$180 million deal inked with ADB for roads network

$180 million deal inked with ADB for roads network

The Asian Development Bank (ADB) has signed a $180 million loan agreement with Pakistan for improving National Highway Network to enhance its efficiency and increase private sector participation in the road sector.
Published 17 Jul, 2006 12:00am
United Mobile and Nokia organise lucky draw

United Mobile and Nokia organise lucky draw

United Mobile and Nokia organised a sensational lucky draw at Park Towers on July 11 in front of the media for two of its products, Nokia 6020 and Nokia 7610. The campaign was highly successful which indicates that people have a great preference for Nokia
Published 17 Jul, 2006 12:00am
Sporadic fluctuation observed on commodities markets

Sporadic fluctuation observed on commodities markets

Gram and gram dal both ruled higher on the commodities wholesale markets, whereas sporadic fluctuation was also seen in other commodities during the week ended on July 15, 2006.
Published 17 Jul, 2006 12:00am
Cotton spot rate slashed as ginners go on defensive

Cotton spot rate slashed as ginners go on defensive

Ginners went on the defensive last week owing particularly to two reasons. One, because good monsoon rains had enhanced production of good size, and second, when chances brightened to sell at better asking price, the TCP entered the field to balance the m
Published 17 Jul, 2006 12:00am
Cotton spot rate slashed as ginners go on defensive

Cotton spot rate slashed as ginners go on defensive

Ginners went on the defensive last week owing particularly to two reasons. One, because good monsoon rains had enhanced production of good size, and second, when chances brightened to sell at better asking price, the TCP entered the field to balance the m
Published 17 Jul, 2006 12:00am
China to consult Pakistan on next UN chief's issue

China to consult Pakistan on next UN chief's issue

China will consult Pakistan and other regional countries in its efforts to put forth an 'acceptable candidate' for the next UN Secretary General. "As traditional allies, Pakistan and China had been co-ordinating their position on important issues, like th
Published 17 Jul, 2006 12:00am
Cabinet meeting today

Cabinet meeting today

A special meeting of the Federal Cabinet with Prime Minister Shaukat Aziz in the chair will be held on Monday to give approval to the new Trade Policy. The trade policy for 2006-07 will be announced by the Federal Commerce Minister Hamayun Akhtar Khan aft
Published 17 Jul, 2006 12:00am
India not sincere to settle issues: Durrani

India not sincere to settle issues: Durrani

The Indian government has not taken enough steps for moving the peace talks forward as it is not sincere to settle the issues, including the core issue of Kashmir with Pakistan, said Information Minister Muhammad Ali Durrani.
Published 17 Jul, 2006 12:00am
Sultan accuses federal government of pre-poll rigging

Sultan accuses federal government of pre-poll rigging

Former AJK Prime Minister and Convenor of People's Muslim League (PML) Barrister Sultan Mahmood Chaudhry has alleged that the federal government has done pre-poll rigging in the recently held AJK elections, adding that election rigging by the government w
Published 17 Jul, 2006 12:00am
Highways improvement programme launched

Highways improvement programme launched

The federal government has launched National Highways improvement programme with an objective to provide world class road infrastructure. Under this programme the National Highway Authority is working on rebuilding, resurfacing, upgrading and improvement
Published 17 Jul, 2006 12:00am
National Security Council meets on July 19

National Security Council meets on July 19

The National Security Council meeting to be held on July 18 and President Pervez Musharraf will preside over it. Prime Minister Shaukat Aziz, Senate Chairman, Speaker National Assembly, Chairman Joint Chief of Staff Committee, General Ahsanul Haq, PAF, Na
Published 17 Jul, 2006 12:00am
Company results to start pouring in by month-end

Company results to start pouring in by month-end

Listed companies results would start pouring in and analysts expect that banks, E&P and cement groups would show an average profitability growth in the range of 55 percent to 75 percent. Th result season is to arrive soon at the market. We expect from the
Published 17 Jul, 2006 12:00am
Company results to start pouring in by month-end

Company results to start pouring in by month-end

Listed companies results would start pouring in and analysts expect that banks, E&P and cement groups would show an average profitability growth in the range of 55 percent to 75 percent. Th result season is to arrive soon at the market. We expect from the
Published 17 Jul, 2006 12:00am
PIA chairman to visit Multan

PIA chairman to visit Multan

PIA Chairman Tariq Kirmani will visit Multan within a day or two to meet with the relatives of those who had died in July 10 Fokker plane crash. The PIA chief will offer condolences to the bereaved families on the tragic loss of precious lives of their lo
Published 17 Jul, 2006 12:00am
Mushahid urges India not to derail peace process

Mushahid urges India not to derail peace process

Pakistan Muslim League (PML) Secretary General and Chairman of Senate Foreign Relations Committee Mushahid Hussain has strongly condemned the Mumbai bomb blasts and termed the act as crime against humanity.
Published 17 Jul, 2006 12:00am
Bank Alfalah wins award

Bank Alfalah wins award

With its innovative approach towards modern banking solution, Bank Alfalah Limited has won the 'Best Export Financing Performance Awards' by Sarhad Chamber of Commerce and Industry (SCCI) and also declared as SCCI Bank of the province for extending export
Published 17 Jul, 2006 12:00am
'Turabi punished for supporting Palestinians'

'Turabi punished for supporting Palestinians'

Allama Hassan Turabi was punished for his support to the Palestinians to liberate Al-Quds from the clutch of Israel, said Jamaat-e-Islami (JI) Pakistan Naib Amir Professor Abdul Ghafoor Ahmed here on Sunday.
Published 17 Jul, 2006 12:00am
MMA's anti-government drive begins today

MMA's anti-government drive begins today

Muttahida Majlis-i-Amal (MMA) will stage a protest rally at Attock Railway park on Monday to begin its anti-government movement.
Published 17 Jul, 2006 12:00am
'Action to be taken against fake oil lubricant makers'

'Action to be taken against fake oil lubricant makers'

Sindh Minister for Industries, Commerce, Labour, Transport and Co-operation Adil Siddiqui has said that provincial government will take stern action against the smugglers and illegal manufacturers of fake oil lubricants, which has been affecting the real
Published 17 Jul, 2006 12:00am
MMA allows Durrani to attend NSC meeting

MMA allows Durrani to attend NSC meeting

Opposition leader in the National Assembly Maulana Fazlur Rehman on Sunday lauded the four-year performance and good governance of the MMA government in the province.
Published 17 Jul, 2006 12:00am
Probe into Gadap encounter ordered

Probe into Gadap encounter ordered

Taking note of the reports that a person killed in an encounter with Lyari Task Force on July 12 in Gadap area, claimed to be a notorious outlaw Mashooq Brohi having head money of Rs3 million, was some other person with Ghulam Rasool Brohi as his name.
Published 17 Jul, 2006 12:00am
'Nationalist leaders under surveillance for security purposes'

'Nationalist leaders under surveillance for security purposes'

Spokesman of Balochistan government Abdul Raziq Bugti has rejected the impression that the houses of nationalist leaders Agha Shahid Bugti and Hamayun Khan Marri have been surrounded and they are under surveillance in the provincial capital and said the s
Published 17 Jul, 2006 12:00am
Shaukat condoles with Liaquat Jatoi

Shaukat condoles with Liaquat Jatoi

Prime Minister Shaukat Aziz on Sunday expressed deep sorrow and grief over the sad demise of mother of Liaquat Ali Jatoi, Minister for Water and Power. In a condolence message, the Prime Minister prayed to Allah Almighty to rest the departed soul in etern
Published 17 Jul, 2006 12:00am
Four killed in Indian occupied Kashmir

Four killed in Indian occupied Kashmir

Four villagers were killed and eight others injured in violence in occupied Kashmir, police said on Sunday. Two of the villagers - Mohammed Shafi, 50, and Mohammed Nawaz, 30, - were killed when suspected freedom fighters stormed into two houses in souther
Published 17 Jul, 2006 12:00am
Economic ties with Malaysia vital for uplift: Amir

Economic ties with Malaysia vital for uplift: Amir

National Assembly Speaker Chaudhry Amir Hussain on Sunday said that there were wide ranging possibilities of economic co-operation between Pakistan and Malaysia and both the countries would draw extensive benefits from these opportunities.
Published 17 Jul, 2006 12:00am
Services of former Ravi Town Nazim eulogised

Services of former Ravi Town Nazim eulogised

Pakistan Muslim League (PML-N) president and former Punjab chief minister Mian Shahbaz Sharif has said Aftab Asghar Dar bravely fought against the dictatorship and rendered sacrifice of his precious life for the sake of democracy.
Published 17 Jul, 2006 12:00am
PML pays tributes to Qasmi

PML pays tributes to Qasmi

Information minister Senator Muhammad Ali Durrani on Sunday said the PML government has established a system to ensure complete press freedom. But no one would be allowed to do any thing wrong with the country and there was no freedom to plunder the natio
Published 17 Jul, 2006 12:00am
Seth Abid's elder brother passes away

Seth Abid's elder brother passes away

Haji Muhammad Ashraf Amin, elder brother of Seth Abid, died in Dubai on Sunday. He was 76. Haji Ashraf was father-in-law of Arif Bukhari, Co Chairman KASB Group. He has left behind five sons and three daughters. He was laid to rest in Dubai.
Published 17 Jul, 2006 12:00am
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