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Print - 2006-08-16
Independence Day celebrated in Lahore

Independence Day celebrated in Lahore

Like other parts of Pakistan, the 59th Independence Day of Pakistan was also celebrated here on Monday with great enthusiasm and reaffirmation of commitment to continue struggle for the cause of the country and progress.
Published 16 Aug, 2006 12:00am
Karachiites celebrate Independence Day with zeal

Karachiites celebrate Independence Day with zeal

The 59th Independence Day celebrations were held in Karachi on Monday in a befitting manner offering prayers for the progress and prosperity of the people of Pakistan and return of peace in the Muslim World.
Published 16 Aug, 2006 12:00am
Nation celebrates Independence Day with fervour

Nation celebrates Independence Day with fervour

The nation on Monday celebrated the 59th Independence Day with traditional zeal, enthusiasm and renewed pledge to make the country more strong and prosperous. The day dawned with 31-gun salute in the Federal capital and 21-gun salute in the provincial cap
Published 16 Aug, 2006 12:00am
Saadat assumes charge of PHDEB

Saadat assumes charge of PHDEB

Saadat Eijaz Qureshi, leading exporter of fruits and vegetables, Managing Director of Roshan Group has assumed charge of the office of chairman Pakistan Horticulture Development & Export Board (PHDEB).
Published 16 Aug, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (August 15, 2006).

Published 16 Aug, 2006 12:00am
Gastroenteritis breaks out in Mardan

Gastroenteritis breaks out in Mardan

Minor Gastroenteritis has been reported from various parts of the worst flood hit district Mardan where 265 patients have been admitted during last one week, the stool sample had been collected and sent to laboratory for further investigation.
Published 16 Aug, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (August 15, 2006) and for Wednesday (August 16, 2006).
Published 16 Aug, 2006 12:00am
Flood-hit areas: WHO urges NWFP to activate DEWS

Flood-hit areas: WHO urges NWFP to activate DEWS

The World Health Organisation (WHO) has urged the provincial government of NWFP to activate the disease early warning system (DEWS) in the flood-hit areas of the province to control the outbreak of likely epidemics.
Published 16 Aug, 2006 12:00am
Kamal-e-Fun Awards for 2005 announced

Kamal-e-Fun Awards for 2005 announced

The Pakistan Academy of Letters (PAL) has announced Kamal-e-Fun Award for the year 2005. Prominent writer/poet/scholar Nabi Bux Khan Baloch has been nominated for Kamal-e-Fun Award 2005.
Published 16 Aug, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (August 15, 2006).

Published 16 Aug, 2006 12:00am
China Red Cross Society conferred 'Sitara-i-Eisaar'

China Red Cross Society conferred 'Sitara-i-Eisaar'

President General Pervez Musharraf has conferred the award of 'Sitara-i-Eisaar' on China Red Cross Society. The award has been given in recognition to the meritorious services rendered by the China Red Cross Society during the disaster relief operation of
Published 16 Aug, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 15, 2006).

Published 16 Aug, 2006 12:00am
Rs 40 million residential project approved for Jinnah Hospital

Rs 40 million residential project approved for Jinnah Hospital

Chief Minister Punjab Chaudhry Pervaiz Elahi has approved multi-storey residential apartment's project worth Rs 40 million for the staff of Jinnah Hospital. This was announced by Jinnah Hospital Medical Superintendent Dr Ejaz Ahmed Sheikh while addressing
Published 16 Aug, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 15, 2006).

Published 16 Aug, 2006 12:00am
IBA new building

IBA new building

Inauguration ceremony of new building of Institute of Business Administration was held at Punjab University New Campus. Speaking on the occasion, vice-chancellor Arshad Mahmood said that the new workplace is characterised by state-of-the-art academic faci
Published 16 Aug, 2006 12:00am
Supplementary exams

Supplementary exams

The Supplementary Examinations 2005 of BA (Regular/External) and BSc will commence with effect from August 26. This was announced by the acting controller of examinations, University of Karachi, on Tuesday.
Published 16 Aug, 2006 12:00am
British Council offers 30 scholarships

British Council offers 30 scholarships

British Council is offering 30 scholarships to Pakistanis with Master degree for ten fields of studies mentioning business administration, economics, gender studies, human rights, international relations, law, management, media studies, public administrat
Published 16 Aug, 2006 12:00am
THE RUPEE: no major variation

THE RUPEE: no major variation

The rupee did not move sharply versus the dollar in the interbank market on Tuesday for buying and selling at 60.30 and 60.32, respectively.
Published 16 Aug, 2006 12:00am
Tariq hoists national flag at Wapda House

Tariq hoists national flag at Wapda House

Wapda officers and employees, all over the country, celebrated the Independence Day of Pakistan in a graceful manner on Monday. The day dawned with special prayers for integrity, solidarity and progress of Pakistan after Fajr prayer in the mosques of Wapd
Published 16 Aug, 2006 12:00am
THE RUPEE: no major variation

THE RUPEE: no major variation

The rupee did not move sharply versus the dollar in the interbank market on Tuesday for buying and selling at 60.30 and 60.32, respectively.
Published 16 Aug, 2006 12:00am
Substantial amount being spent on Lahore historical places: Elahi

Substantial amount being spent on Lahore historical places: Elahi

Punjab Chief Minister Chaudhry Pervaiz Elahi has said that provincial government was spending a substantial amount to take care of historical places and cultural heritage of Lahore. Addressing a function at Lahore Fort on Tuesday.
Published 16 Aug, 2006 12:00am
'Kalabagh dam must for country's prosperity'

'Kalabagh dam must for country's prosperity'

Governor Punjab, Lieutenant General Khalid Maqbool (Retd) has said that construction of Kalabagh dam is a must for the progress of the country and prosperity of its people. Addressing the inauguration ceremony of the 500-KV grid station which completed wi
Published 16 Aug, 2006 12:00am
PTCL team meets Ibad

PTCL team meets Ibad

Sindh governor Dr Ishratul Ibad has expressed the hope that PTCL would continue to provide best telecom facilities to its customers and there is a dire need of a comparatively good telecom package for customers.
Published 16 Aug, 2006 12:00am
Three more arrested for Turabi killing

Three more arrested for Turabi killing

The Anti-violence Crime Cell (AVCC) on Tuesday arrested three more persons, allegedly involved in the assassination of Allama Hasan Turabi. DSP Khurram Waris of AVCC said that the Cell on a tip-off conducted a raid at a place on Nishtar Road under the jur
Published 16 Aug, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (August 15, 2006).

Published 16 Aug, 2006 12:00am
Date for admission in colleges extended

Date for admission in colleges extended

Sindh Education Manager (Colleges) and Chairman Centralised Admission Committee, Dr Muhammad Ali Shaikh, has extended the date for submission of forms under the Centralised Admission Policy (CAP) scheme.
Published 16 Aug, 2006 12:00am
187 employees of CDGK malaria department sacked

187 employees of CDGK malaria department sacked

The City Nazim Syed Mustafa Kamal has issued directives to sack around 187 supervisors and personnel of Malaria Department from their jobs on the basis of serious professional irregularities, and warned the other city government officials with such conseq
Published 16 Aug, 2006 12:00am
Ibad orders to expedite work on Lyari Expressway

Ibad orders to expedite work on Lyari Expressway

Sindh Governor, Dr Ishrat-ul-Ibad has stressed to complete works of Lyari Expressway and to bring it under use for providing traffic facilities at the earliest.
Published 16 Aug, 2006 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Tuesday proved another opposition's day: both in the National Assembly and the Senate. After the Independence Day break, its members looked grittier to bank on the opportunity the Supreme Court detailed verdict in Pakistan Steel Mills privatisation case h
Published 16 Aug, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (August 15, 2006).

Published 16 Aug, 2006 12:00am
PSM sell-off: ministers' disqualification sought

PSM sell-off: ministers' disqualification sought

The National Assembly session was adjourned abruptly on Tuesday when the opposition unleashed its scathing criticism over troubled Pakistan Steel Mills sell-off deal and sought ruling by the chair to disqualify ministers who are part of the cabinet commit
Published 16 Aug, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 16 Aug, 2006 12:00am
Police misbehave with parliamentarians

Police misbehave with parliamentarians

Police excesses are a routine matter and Tuesday was no different. This time the victims were two members of the parliament, yards away from the parliament house. "We have very clear instructions that when the Prime Minister is passing through the Constit
Published 16 Aug, 2006 12:00am
Board meetings in progress

Board meetings in progress

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

Published 16 Aug, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 16 Aug, 2006 12:00am
OGDCL earns Rs 46 billion after-tax profit

OGDCL earns Rs 46 billion after-tax profit

The Oil & Gas Development Company Limited (OGDCL) has declared its income at Rs 46 billion, and earning per share (EPS) Rs 10.69 in FY06 against Rs 33 billion (EPS Rs 7.67) in FY05, depicting a growth of 39 percent.
Published 16 Aug, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 16 Aug, 2006 12:00am
OGDCL earns Rs 46 billion after-tax profit

OGDCL earns Rs 46 billion after-tax profit

The Oil & Gas Development Company Limited (OGDCL) has declared its income at Rs 46 billion, and earning per share (EPS) Rs 10.69 in FY06 against Rs 33 billion (EPS Rs 7.67) in FY05, depicting a growth of 39 percent.
Published 16 Aug, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (August 15, 2006).

Published 16 Aug, 2006 12:00am
OGDCL earns Rs 46 billion after-tax profit

OGDCL earns Rs 46 billion after-tax profit

The Oil & Gas Development Company Limited (OGDCL) has declared its income at Rs 46 billion, and earning per share (EPS) Rs 10.69 in FY06 against Rs 33 billion (EPS Rs 7.67) in FY05, depicting a growth of 39 percent.
Published 16 Aug, 2006 12:00am
OGDCL earns Rs 46 billion after-tax profit

OGDCL earns Rs 46 billion after-tax profit

The Oil & Gas Development Company Limited (OGDCL) has declared its income at Rs 46 billion, and earning per share (EPS) Rs 10.69 in FY06 against Rs 33 billion (EPS Rs 7.67) in FY05, depicting a growth of 39 percent.
Published 16 Aug, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 16 Aug, 2006 12:00am
Petrol blending with ethanol likely to start this week

Petrol blending with ethanol likely to start this week

The Planing Commission has observed that ethanol blending as fuel would cut down petroleum prices to ensure energy security in the coming years when industrial sector''s dependence on gas would increase manifold.
Published 16 Aug, 2006 12:00am
Petrol blending with ethanol likely to start this week

Petrol blending with ethanol likely to start this week

The Planing Commission has observed that ethanol blending as fuel would cut down petroleum prices to ensure energy security in the coming years when industrial sector's dependence on gas would increase manifold.
Published 16 Aug, 2006 12:00am
Petrol blending with ethanol likely to start this week

Petrol blending with ethanol likely to start this week

The Planing Commission has observed that ethanol blending as fuel would cut down petroleum prices to ensure energy security in the coming years when industrial sector's dependence on gas would increase manifold.
Published 16 Aug, 2006 12:00am
Indian troops fire across LoC: two hurt

Indian troops fire across LoC: two hurt

Indian troops on Tuesday fired across LoC for the first time in a year and a half, injuring two Pakistani boys, a Pakistani military spokesman said. "It was unprovoked firing and we are going to protest with the Indian authorities and the United Nations M
Published 16 Aug, 2006 12:00am
Indian troops fire across LoC: two hurt

Indian troops fire across LoC: two hurt

Indian troops on Tuesday fired across LoC for the first time in a year and a half, injuring two Pakistani boys, a Pakistani military spokesman said. "It was unprovoked firing and we are going to protest with the Indian authorities and the United Nations M
Published 16 Aug, 2006 12:00am
US pushes for TAP gas line

US pushes for TAP gas line

Washington is pushing for a new gas pipeline from Turkmenistan to Pakistan and "strongly opposes" a rival pipeline from Iran, US diplomat Steven Mann said on Tuesday after meeting with Turkmen President Saparmurat Niyazov.
Published 16 Aug, 2006 12:00am
US pushes for TAP gas line

US pushes for TAP gas line

Washington is pushing for a new gas pipeline from Turkmenistan to Pakistan and "strongly opposes" a rival pipeline from Iran, US diplomat Steven Mann said on Tuesday after meeting with Turkmen President Saparmurat Niyazov.
Published 16 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (August 15, 2006).

Published 16 Aug, 2006 12:00am
US pushes for TAP gas line

US pushes for TAP gas line

Washington is pushing for a new gas pipeline from Turkmenistan to Pakistan and "strongly opposes" a rival pipeline from Iran, US diplomat Steven Mann said on Tuesday after meeting with Turkmen President Saparmurat Niyazov.
Published 16 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (August 15, 2006).

Published 16 Aug, 2006 12:00am
ECC may approve package for equipment to end loadshedding

ECC may approve package for equipment to end loadshedding

The Economic Co-ordination Committee (ECC) of the Cabinet in its meeting on Wednesday is likely to approve a package of billions of rupees to overcome loadshedding in the country. The package includes procurement of 132 transformers of 11 kV by the power
Published 16 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (August 15, 2006).

Published 16 Aug, 2006 12:00am
ECC may approve package for equipment to end loadshedding

ECC may approve package for equipment to end loadshedding

The Economic Co-ordination Committee (ECC) of the Cabinet in its meeting on Wednesday is likely to approve a package of billions of rupees to overcome loadshedding in the country. The package includes procurement of 132 transformers of 11 kV by the power
Published 16 Aug, 2006 12:00am
ECC may approve package for equipment to end loadshedding

ECC may approve package for equipment to end loadshedding

The Economic Co-ordination Committee (ECC) of the Cabinet in its meeting on Wednesday is likely to approve a package of billions of rupees to overcome loadshedding in the country. The package includes procurement of 132 transformers of 11 kV by the power
Published 16 Aug, 2006 12:00am
Home Depot posts profit but softens outlook

Home Depot posts profit but softens outlook

Home Depot Inc, the world's largest home improvement retailer, on Tuesday posted better-than-expected second-quarter profit as sales to professional contractors expanded, but softened its sales and earnings growth outlook for the year as the US housing ma
Published 16 Aug, 2006 12:00am
Home Depot posts profit but softens outlook

Home Depot posts profit but softens outlook

Home Depot Inc, the world's largest home improvement retailer, on Tuesday posted better-than-expected second-quarter profit as sales to professional contractors expanded, but softened its sales and earnings growth outlook for the year as the US housing ma
Published 16 Aug, 2006 12:00am
Treasury bills auction today

Treasury bills auction today

The State Bank of Pakistan (SBP) has invited tenders separately for Rs 10 billion three-month, six-month and one-year Treasury Bills for August 16, 2006. The tender will be opened at 11:30 hours on Wednesday, August 16, 2006. Result will be announced the
Published 16 Aug, 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 Tuesday (August 15, 2006).
Published 16 Aug, 2006 12:00am
Treasury bills auction today

Treasury bills auction today

The State Bank of Pakistan (SBP) has invited tenders separately for Rs 10 billion three-month, six-month and one-year Treasury Bills for August 16, 2006. The tender will be opened at 11:30 hours on Wednesday, August 16, 2006. Result will be announced the
Published 16 Aug, 2006 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (August 15, 2006).

Published 16 Aug, 2006 12:00am
Treasury bills auction today

Treasury bills auction today

The State Bank of Pakistan (SBP) has invited tenders separately for Rs 10 billion three-month, six-month and one-year Treasury Bills for August 16, 2006. The tender will be opened at 11:30 hours on Wednesday, August 16, 2006. Result will be announced the
Published 16 Aug, 2006 12:00am
Treasury bills auction today

Treasury bills auction today

The State Bank of Pakistan (SBP) has invited tenders separately for Rs 10 billion three-month, six-month and one-year Treasury Bills for August 16, 2006. The tender will be opened at 11:30 hours on Wednesday, August 16, 2006. Result will be announced the
Published 16 Aug, 2006 12:00am
'Medical equipment exempted from taxes'

'Medical equipment exempted from taxes'

Federal Health Minister Nasir Ahmed Khan has said the government has exempted the medical and surgical equipment from taxes to facilitate private sector for providing better health facilities to the people.
Published 16 Aug, 2006 12:00am
'Countrywide fingerprinting facility soon'

'Countrywide fingerprinting facility soon'

Federal Interior Minister Aftab Ahmed Sherpao, talking to a private TV news channel, has stated that the entire country will soon have fingerprinting facility. He said the government was taking measures to improve performance and efficiency of the police,
Published 16 Aug, 2006 12:00am
No-confidence motion to fail badly: Jatoi

No-confidence motion to fail badly: Jatoi

The Federal Minister for Water and Power, Liaquat Ali Jatoi has said that no-confidence motion against the Prime Minister Shaukat Aziz would fail badly because government enjoys enough majority in the Parliament.
Published 16 Aug, 2006 12:00am