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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-08-22
'Dictatorship nearing end'

'Dictatorship nearing end'

Former Speaker of National Assembly and Vice Chairman of PPPP Syed Yousaf Raza Gilani said that dark night of dictatorship is nearing to end and sun of democracy is to be risen, workers should prepare themselves for forthcoming elections which are due in
Published 22 Aug, 2006 12:00am
Special Ramazan package to be announced this month

Special Ramazan package to be announced this month

The Federal government is preparing a special Ramazan package to ensure cheap supply of the essential food items, including ghee and cooking oil. The package is expected to be announced this month.
Published 22 Aug, 2006 12:00am
'Government will have to withdraw decision to deport foreign students'

'Government will have to withdraw decision to deport foreign students'

Government would have to withdraw its decision to deport or not extending the visas of foreign students because it is repugnant to charter of United Nations and basic human rights and United Kingdom or United States did not impose ban on the entry of stud
Published 22 Aug, 2006 12:00am
Gold surges in Europe

Gold surges in Europe

Gold surged 2.4 percent in European trade on Monday as a sharp fall in the dollar and stronger oil prices ignited fresh buying by investors. Fears that a week-long cease-fire in the Middle East might unravel also supported the metal seen as a safe haven f
Published 22 Aug, 2006 12:00am
Oil rises over $1 a barrel

Oil rises over $1 a barrel

Oil rose more than $1 on Monday as Iran vowed to pursue its nuclear programme, inviting possible sanctions against the world's fourth largest oil exporter. Iran's supreme leader on Monday said the Islamic Republic would press on with its nuclear work. Ira
Published 22 Aug, 2006 12:00am
Copper nearly 3 percent higher

Copper nearly 3 percent higher

London Metal Exchange (LME) copper closed nearly three percent higher on Monday as the strike at the world's largest copper mine remained unresolved.
Published 22 Aug, 2006 12:00am
London coffee near seven-year high

London coffee near seven-year high

London robusta coffee futures closed up more than 4 percent on Monday after soaring to their highest in more than seven years on heavy buying by funds, traders said.
Published 22 Aug, 2006 12:00am
New York cotton ends down

New York cotton ends down

Cotton futures fell again on Monday as speculative sellers kept looking for a bottom in prices after three straight days of declines last week. "The market's technically driven," said Keith Brown of Keith Brown and Co in Moultrie, Georgia. "We made lows a
Published 22 Aug, 2006 12:00am
Copper climbs as Escondida strike drags on

Copper climbs as Escondida strike drags on

Copper prices rose almost 1 percent on Monday after workers rejected the latest offer to go back to work at the giant Escondida copper mine in Chile. Copper for delivery in three months on the London Metal Exchange fetched $7,520/$7,570 a tonne, up $70.
Published 22 Aug, 2006 12:00am
Indus rising at Kotri Barrage

Indus rising at Kotri Barrage

The Sindh Irrigation and Power Department on Monday said the Indus River was rising at Kotri Barrage and medium flood was expected during next 24 hours. While the river was flowing in low flood at Gudu Barrage and medium flood at Sukkur Barrage, and there
Published 22 Aug, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 22 Aug, 2006 12:00am
Indus rising at Kotri Barrage

Indus rising at Kotri Barrage

The Sindh Irrigation and Power Department on Monday said the Indus River was rising at Kotri Barrage and medium flood was expected during next 24 hours. While the river was flowing in low flood at Gudu Barrage and medium flood at Sukkur Barrage, and there
Published 22 Aug, 2006 12:00am
Indus rising at Kotri Barrage

Indus rising at Kotri Barrage

The Sindh Irrigation and Power Department on Monday said the Indus River was rising at Kotri Barrage and medium flood was expected during next 24 hours. While the river was flowing in low flood at Gudu Barrage and medium flood at Sukkur Barrage, and there
Published 22 Aug, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
CBR move to unearth tax evaders

CBR move to unearth tax evaders

A large-scale exercise has been started to identify tax evaders through cross-matching the capital value tax (CVT) data on income tax statements, which contains information about purchase of vehicles and transfer of property with the income tax returns.
Published 22 Aug, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 22 Aug, 2006 12:00am
CBR move to unearth tax evaders

CBR move to unearth tax evaders

A large-scale exercise has been started to identify tax evaders through cross-matching the capital value tax (CVT) data on income tax statements, which contains information about purchase of vehicles and transfer of property with the income tax returns.
Published 22 Aug, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Aug, 2006 12:00am
CBR move to unearth tax evaders

CBR move to unearth tax evaders

A large-scale exercise has been started to identify tax evaders through cross-matching the capital value tax (CVT) data on income tax statements, which contains information about purchase of vehicles and transfer of property with the income tax returns.
Published 22 Aug, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Aug, 2006 12:00am
Auto industry offered tariff incentives

Auto industry offered tariff incentives

The government has offered the automobile industry an eight-year pre-announced tariff policy, including establishment of a fund worth Rs 6 billion for competitiveness, technology acquisition, research and development and two auto clusters in its plan to d
Published 22 Aug, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Auto industry offered tariff incentives

Auto industry offered tariff incentives

The government has offered the automobile industry an eight-year pre-announced tariff policy, including establishment of a fund worth Rs 6 billion for competitiveness, technology acquisition, research and development and two auto clusters in its plan to d
Published 22 Aug, 2006 12:00am
Auto industry offered tariff incentives

Auto industry offered tariff incentives

The government has offered the automobile industry an eight-year pre-announced tariff policy, including establishment of a fund worth Rs 6 billion for competitiveness, technology acquisition, research and development and two auto clusters in its plan to d
Published 22 Aug, 2006 12:00am
NBP profit swells by 83 percent

NBP profit swells by 83 percent

The profit of the National Bank of Pakistan (NBP) recorded a tremendous growth of 83 percent in the six months ended June 30, 2006. The National Bank announced financial results for the first half of 2006.
Published 22 Aug, 2006 12:00am
NBP profit swells by 83 percent

NBP profit swells by 83 percent

The profit of the National Bank of Pakistan (NBP) recorded a tremendous growth of 83 percent in the six months ended June 30, 2006. The National Bank announced financial results for the first half of 2006.
Published 22 Aug, 2006 12:00am
NBP profit swells by 83 percent

NBP profit swells by 83 percent

The profit of the National Bank of Pakistan (NBP) recorded a tremendous growth of 83 percent in the six months ended June 30, 2006. The National Bank announced financial results for the first half of 2006.
Published 22 Aug, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
NBP profit swells by 83 percent

NBP profit swells by 83 percent

The profit of the National Bank of Pakistan (NBP) recorded a tremendous growth of 83 percent in the six months ended June 30, 2006. The National Bank announced financial results for the first half of 2006.
Published 22 Aug, 2006 12:00am
Bearish sentiments prevail on LSE

Bearish sentiments prevail on LSE

Bearish sentiments prevailed on Lahore Stock Exchange (LSE) where equities registered losses on account of selling pressure in oil sector while retail investors remained on the sidelines.
Published 22 Aug, 2006 12:00am
Bearish sentiments prevail on LSE

Bearish sentiments prevail on LSE

Bearish sentiments prevailed on Lahore Stock Exchange (LSE) where equities registered losses on account of selling pressure in oil sector while retail investors remained on the sidelines.
Published 22 Aug, 2006 12:00am
ISE: bears stage comeback

ISE: bears stage comeback

Fresh bearish assault moved the entire-ready board in downward direction at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten index showed a decrease of 29.52 points, as
Published 22 Aug, 2006 12:00am
THE RUPEE: parity versus dollar stay put

THE RUPEE: parity versus dollar stay put

Firm trend was seen in the interbank market on Monday as the rupee-dollar parity rate did not show any big change at 60.35 and 60.37, respectively.
Published 22 Aug, 2006 12:00am
ISE: bears stage comeback

ISE: bears stage comeback

Fresh bearish assault moved the entire-ready board in downward direction at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten index showed a decrease of 29.52 points, as
Published 22 Aug, 2006 12:00am
THE RUPEE: parity versus dollar stay put

THE RUPEE: parity versus dollar stay put

Firm trend was seen in the interbank market on Monday as the rupee-dollar parity rate did not show any big change at 60.35 and 60.37, respectively.
Published 22 Aug, 2006 12:00am
IMF must reform voting rights

IMF must reform voting rights

The International Monetary Fund's effectiveness is being undermined by a failure to reform voting rights to reflect a country's economic weight, Australian treasurer Peter Costello wrote in Monday's Financial Times.
Published 22 Aug, 2006 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Eurizon nears Italy's biggest IPO with unit buyout

Eurizon nears Italy's biggest IPO with unit buyout

Insurance and asset manager Eurizon took a key step towards Italy's biggest stock market listing as it kicked off a 1.24 billion euro ($1.60 billion) buyout of fund management arm Fideuram on Monday.
Published 22 Aug, 2006 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Alaska shutdown cuts non-Opec oil supply forecasts

Alaska shutdown cuts non-Opec oil supply forecasts

Analysts have trimmed their output forecasts for oil producers outside the Opec group this year after BP shut down half of the largest oilfield in the United States, a Reuters survey showed.
Published 22 Aug, 2006 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Two more Islamic banks soon

Two more Islamic banks soon

The State Bank of Pakistan is considering granting of Islamic banking licences to two new applicants. According to Qatar leading daily 'The Peninsula' Director Islamic Banking Department of the State Bank of Pakistan (SBP) Pervez Saeed said a "couple of n
Published 22 Aug, 2006 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Shehnai maestro Bismillah Khan passes away

Shehnai maestro Bismillah Khan passes away

Bismillah Khan, one of India's best-known musicians and a master exponent of the wind instrument Shehnai, died of heart failure at the age of 90 on Monday, doctors and his aide said.
Published 22 Aug, 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 (August 21, 2006).

Published 22 Aug, 2006 12:00am
Shehnai maestro Bismillah Khan passes away

Shehnai maestro Bismillah Khan passes away

Bismillah Khan, one of India's best-known musicians and a master exponent of the wind instrument Shehnai, died of heart failure at the age of 90 on Monday, doctors and his aide said.
Published 22 Aug, 2006 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Opposition bound to face disappointment: Elahi

Opposition bound to face disappointment: Elahi

Punjab Chief Minister, Chaudhry Pervaiz Elahi has said that after thumping of desks and walkouts from assemblies on phone calls from abroad, the Opposition has now in desperation announced to bring a no confidence motion; however, it will face further dis
Published 22 Aug, 2006 12:00am
Market treasury bills worth Rs 12,000 million sold

Market treasury bills worth Rs 12,000 million sold

The State Bank of Pakistan (SBP) sold a total of Rs 12,000 million of Market Treasury bills on Monday in a five-day and 10-day repo operation to mop up funds from the money market.
Published 22 Aug, 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 (August 21, 2006).

Published 22 Aug, 2006 12:00am
Market treasury bills worth Rs 12,000 million sold

Market treasury bills worth Rs 12,000 million sold

The State Bank of Pakistan (SBP) sold a total of Rs 12,000 million of Market Treasury bills on Monday in a five-day and 10-day repo operation to mop up funds from the money market.
Published 22 Aug, 2006 12:00am
Market treasury bills worth Rs 12,000 million sold

Market treasury bills worth Rs 12,000 million sold

The State Bank of Pakistan (SBP) sold a total of Rs 12,000 million of Market Treasury bills on Monday in a five-day and 10-day repo operation to mop up funds from the money market.
Published 22 Aug, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Market treasury bills worth Rs 12,000 million sold

Market treasury bills worth Rs 12,000 million sold

The State Bank of Pakistan (SBP) sold a total of Rs 12,000 million of Market Treasury bills on Monday in a five-day and 10-day repo operation to mop up funds from the money market.
Published 22 Aug, 2006 12:00am
Pakistan requires world-class infrastructure: Prime Minister

Pakistan requires world-class infrastructure: Prime Minister

Prime Minister Shaukat Aziz on Monday said with the growing economy and increased trade and investment activities, Pakistan requires a strong and world-class infrastructure in services sector including the hotels.
Published 22 Aug, 2006 12:00am
Pakistan requires world-class infrastructure: Prime Minister

Pakistan requires world-class infrastructure: Prime Minister

Prime Minister Shaukat Aziz on Monday said with the growing economy and increased trade and investment activities, Pakistan requires a strong and world-class infrastructure in services sector including the hotels.
Published 22 Aug, 2006 12:00am
Pakistan requires world-class infrastructure: Prime Minister

Pakistan requires world-class infrastructure: Prime Minister

Prime Minister Shaukat Aziz on Monday said with the growing economy and increased trade and investment activities, Pakistan requires a strong and world-class infrastructure in services sector including the hotels.
Published 22 Aug, 2006 12:00am
Five killed in Spanish train crash

Five killed in Spanish train crash

A train travelling between Spain and France with 426 passengers derailed in the north-west Spanish region of Palencia on Monday, killing five people and injuring 36, officials said. It was too early to say what caused the crash, they said, but saw no init
Published 22 Aug, 2006 12:00am
Setting up of Small Dams Corporation in doldrums

Setting up of Small Dams Corporation in doldrums

The proposed Small Dams Corporation has not been formally set up as differences among the chief minister and the members of the coalition parties represented at the Sindh Cabinet continues to deepen on administrative issues, it was learnt on Monday.
Published 22 Aug, 2006 12:00am
Green channel revival decision hailed

Green channel revival decision hailed

The Pakistani expatriates have specially welcomed the decision of the government to revive the green channel at the airports for international passengers.
Published 22 Aug, 2006 12:00am
Free tuberculosis treatment service launched in NWFP

Free tuberculosis treatment service launched in NWFP

NWFP Minister for Health, Inayatullah on Monday formally launched a project on free delivery of diagnostic and treatment services to TB patients under DOT strategy through private general physicians in four districts of the province.
Published 22 Aug, 2006 12:00am
'Utilisation of sugarcane by-products can save foreign exchange'

'Utilisation of sugarcane by-products can save foreign exchange'

Chairman, Higher Education Commission (HEC) Professor Dr Atta ur Rehman has stressed the need of utilising the by-products of the sugarcane to save huge foreign exchange being utilised to import citric acid, oxalic-acid and blend the ethanol.
Published 22 Aug, 2006 12:00am
Comprehensive plan evolved to increase power generation

Comprehensive plan evolved to increase power generation

Pakistan Water & Power Development Authority (Wapda) Chairman, Tariq Hameed said that a comprehensive plan had been chalked out to increase power generation in the country so that consumers could be facilitated to face minimum inconvenience during the nex
Published 22 Aug, 2006 12:00am
Rs 593.91 million traffic management system being launched

Rs 593.91 million traffic management system being launched

In pursuance of Chief Minister's directives to prepare traffic plan for five big cities of Punjab, an 11.88-km pilot project of Integrated Traffic Management System (ITMS) is being launched from Qartaba Chowk to Khaira distributory, on Ferozepur Road Laho
Published 22 Aug, 2006 12:00am
Bank Alfalah expands customer contact centre

Bank Alfalah expands customer contact centre

Bank Alfalah has expanded its customer support contact center by setting up another location in Lahore to maintain its well-known quality of customer services and support.
Published 22 Aug, 2006 12:00am
'Per capita water availability declining'

'Per capita water availability declining'

The construction of new water reservoirs is a must to achieve the self-sufficiency in food and generating cheap electricity through hydel means of electricity production.
Published 22 Aug, 2006 12:00am
Ombudsman directs clearance of dues

Ombudsman directs clearance of dues

The Punjab Ombudsman has directed Board of Intermediate & Secondary Education (BISE) Lahore to make payment of TA/DA bill worth Rs16,907/- to a retired headmaster Amanullah. The complainant contended that he was appointed as secrecy officer for supervisio
Published 22 Aug, 2006 12:00am
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