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Print - 2006-10-14
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (October 13, 2006).

Published 14 Oct, 2006 12:00am
Pakistan to take part in poverty reduction conference

Pakistan to take part in poverty reduction conference

Pakistan, including 20 other delegates from 16 countries will take part at the ministerial level seminar on poverty reduction here on October 17. The seminar 'Poverty Reduction for Developing Countries' will also coincide with the 14th International Day f
Published 14 Oct, 2006 12:00am
NBP hopes to open Indian branch soon

NBP hopes to open Indian branch soon

National Bank of Pakistan (NBP) the country''s largest bank, hopes to set up its first branch in India next year, the bank''s president said on Friday. "We submitted an application to the Reserve Bank of India a few months back, and have since been in con
Published 14 Oct, 2006 12:00am
NBP hopes to open Indian branch soon

NBP hopes to open Indian branch soon

National Bank of Pakistan (NBP) the country's largest bank, hopes to set up its first branch in India next year, the bank's president said on Friday. "We submitted an application to the Reserve Bank of India a few months back, and have since been in conti
Published 14 Oct, 2006 12:00am
NBP hopes to open Indian branch soon

NBP hopes to open Indian branch soon

National Bank of Pakistan (NBP) the country's largest bank, hopes to set up its first branch in India next year, the bank's president said on Friday. "We submitted an application to the Reserve Bank of India a few months back, and have since been in conti
Published 14 Oct, 2006 12:00am
Pakistan to float LNG terminal tender next week

Pakistan to float LNG terminal tender next week

Pakistan next week will invite international firms to bid for a project to build the country''s first plant to import liquefied natural gas (LNG), part of a plan to boost supplies to meet demand in one of the world''s fast growing economies, a gas industr
Published 14 Oct, 2006 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (October 13, 2006).

Published 14 Oct, 2006 12:00am
Pakistan to float LNG terminal tender next week

Pakistan to float LNG terminal tender next week

Pakistan next week will invite international firms to bid for a project to build the country's first plant to import liquefied natural gas (LNG), part of a plan to boost supplies to meet demand in one of the world's fast growing economies, a gas industry
Published 14 Oct, 2006 12:00am
Pakistan to float LNG terminal tender next week

Pakistan to float LNG terminal tender next week

Pakistan next week will invite international firms to bid for a project to build the country's first plant to import liquefied natural gas (LNG), part of a plan to boost supplies to meet demand in one of the world's fast growing economies, a gas industry
Published 14 Oct, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 13, 2006).

Published 14 Oct, 2006 12:00am
Associated takes lead in London free paper battle

Associated takes lead in London free paper battle

Associated Newspapers has pipped Rupert Murdoch's News International to claim an early lead in a circulation battle between their free afternoon London newspapers, according to figures released on Friday.
Published 14 Oct, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 13, 2006).
Published 14 Oct, 2006 12:00am
General Electric profit rises

General Electric profit rises

Diversified conglomerate General Electric Co on Friday reported third-quarter profit in line with Wall Street expectations, but its shares declined amid concerns about weak margins, particularly at its plastics and NBC Universal units.
Published 14 Oct, 2006 12:00am
General Electric profit rises

General Electric profit rises

Diversified conglomerate General Electric Co on Friday reported third-quarter profit in line with Wall Street expectations, but its shares declined amid concerns about weak margins, particularly at its plastics and NBC Universal units.
Published 14 Oct, 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 Friday (October 13, 2006).

Published 14 Oct, 2006 12:00am
Japan and India hunt for LNG as supply tighten

Japan and India hunt for LNG as supply tighten

Japan and India are among big consumers of liquefied natural gas (LNG) scouring the world for spot cargos and trying to negotiate new supply contracts as competition intensifies in a tightening market.
Published 14 Oct, 2006 12:00am
Bulls tighten grip on ISE

Bulls tighten grip on ISE

Bulls strengthen their positions on the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE ten index showed an improvement of 1.48 points, as the ten index
Published 14 Oct, 2006 12:00am
Bulls tighten grip on ISE

Bulls tighten grip on ISE

Bulls strengthen their positions on the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE ten index showed an improvement of 1.48 points, as the ten index
Published 14 Oct, 2006 12:00am
LSE depicts erratic movement

LSE depicts erratic movement

Lahore share market showed erratic movement on Friday, showing positive signs with interest in selective banking stocks while in the last minutes profit-taking emerged, forcing the index to shed a sizeable part of early gains.
Published 14 Oct, 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 Friday (October 13, 2006).

Published 14 Oct, 2006 12:00am
LSE depicts erratic movement

LSE depicts erratic movement

Lahore share market showed erratic movement on Friday, showing positive signs with interest in selective banking stocks while in the last minutes profit-taking emerged, forcing the index to shed a sizeable part of early gains.
Published 14 Oct, 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 Friday (October 13, 2006).

Published 14 Oct, 2006 12:00am
Oil discovered in Hyderabad

Oil discovered in Hyderabad

The Oil and Gas Development Company Limited has discovered oil in its exploratory well at Pasakhi North East, located in District Hyderabad, Sindh. An estimated 1800 barrel per day oil is expected from the exploratory well No 1 in Pasakhi D&PL in Lower Gu
Published 14 Oct, 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 Friday (October 13, 2006).

Published 14 Oct, 2006 12:00am
Oil discovered in Hyderabad

Oil discovered in Hyderabad

The Oil and Gas Development Company Limited has discovered oil in its exploratory well at Pasakhi North East, located in District Hyderabad, Sindh. An estimated 1800 barrel per day oil is expected from the exploratory well No 1 in Pasakhi D&PL in Lower Gu
Published 14 Oct, 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 14 Oct, 2006 12:00am
Oil discovered in Hyderabad

Oil discovered in Hyderabad

The Oil and Gas Development Company Limited has discovered oil in its exploratory well at Pasakhi North East, located in District Hyderabad, Sindh. An estimated 1800 barrel per day oil is expected from the exploratory well No 1 in Pasakhi D&PL in Lower Gu
Published 14 Oct, 2006 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 14 Oct, 2006 12:00am
BRIndex30 up 53.53 points

BRIndex30 up 53.53 points

The BRIndex30 on Friday opened at 11,620.26 with a positive gap of 86.17 points but closed at 11,587.62 with a positive change of 53.53 or 0.46 percent. Its intra-day high was 11,661.22 and low at 11,572.42. The volume amounted to 81,204,300, which was 77
Published 14 Oct, 2006 12:00am
BRIndex30 up 53.53 points

BRIndex30 up 53.53 points

The BRIndex30 on Friday opened at 11,620.26 with a positive gap of 86.17 points but closed at 11,587.62 with a positive change of 53.53 or 0.46 percent. Its intra-day high was 11,661.22 and low at 11,572.42. The volume amounted to 81,204,300, which was 77
Published 14 Oct, 2006 12:00am
Bulls return to capital market

Bulls return to capital market

Bullish sentiment was witnessed on Friday and the KSE-100 index gained 44.26 points to close at 10924.55 level, while the KSE-30 index gained 29.19 points to close at 13441.32. The market opened on a strong positive note where across-the-board buying hit
Published 14 Oct, 2006 12:00am
Bulls return to capital market

Bulls return to capital market

Bullish sentiment was witnessed on Friday and the KSE-100 index gained 44.26 points to close at 10924.55 level, while the KSE-30 index gained 29.19 points to close at 13441.32. The market opened on a strong positive note where across-the-board buying hit
Published 14 Oct, 2006 12:00am
Rice and PSQCA

Rice and PSQCA

The history of Rice is obscure. However the existence of the wild rice has provided sufficient proof that the cultivated rice plant originated somewhere in the area between Indo-China. Rice Spread into Japan by China as early as 100 B.C.
Published 14 Oct, 2006 12:00am
Bulls return to capital market

Bulls return to capital market

Bullish sentiment was witnessed on Friday and the KSE-100 index gained 44.26 points to close at 10924.55 level, while the KSE-30 index gained 29.19 points to close at 13441.32. The market opened on a strong positive note where across-the-board buying hit
Published 14 Oct, 2006 12:00am
Shafisons Engineering (Pvt) Limited

Shafisons Engineering (Pvt) Limited

Shafisons Engineering (Pvt Ltd ) is a customer focused organisation committed to provide quality products & reliable services to ensure maximum satisfaction of its customers under the brand name BETA PIPES.
Published 14 Oct, 2006 12:00am
Pakistan Steel raises billets prices by Rs 1000 per tonne

Pakistan Steel raises billets prices by Rs 1000 per tonne

Pakistan Steel (PS) on Friday raised its billets prices by Rs 1,000 per ton due to rising raw material and steel prices on international front, market sources said. With this upsurge, the prices of PS billets product have reached Rs 32,800 (including sale
Published 14 Oct, 2006 12:00am
What makes Nestle Pure Life so safe and healthy?

What makes Nestle Pure Life so safe and healthy?

In our pioneering facilities in Pakistan, we take careful measures to ensure that every bottle of Nestle Pure Life that reaches you is absolutely pure and safe. We have a state-of-the-art Quality Assurance Department, complete with Chemical, Microbiology
Published 14 Oct, 2006 12:00am
Pakistan Steel raises billets prices by Rs 1000 per tonne

Pakistan Steel raises billets prices by Rs 1000 per tonne

Pakistan Steel (PS) on Friday raised its billets prices by Rs 1,000 per ton due to rising raw material and steel prices on international front, market sources said. With this upsurge, the prices of PS billets product have reached Rs 32,800 (including sale
Published 14 Oct, 2006 12:00am
The importance of quality and standards in trade and industry

The importance of quality and standards in trade and industry

The importance of quality in industry, Trade and Commerce and in the development of technology needs no justification "Nothing sells like quality" and hence no nation or country can compete or survive without giving due importance to quality in its trade
Published 14 Oct, 2006 12:00am
Pakistan Steel raises billets prices by Rs 1000 per tonne

Pakistan Steel raises billets prices by Rs 1000 per tonne

Pakistan Steel (PS) on Friday raised its billets prices by Rs 1,000 per ton due to rising raw material and steel prices on international front, market sources said. With this upsurge, the prices of PS billets product have reached Rs 32,800 (including sale
Published 14 Oct, 2006 12:00am
Achieving excellence through standardisation

Achieving excellence through standardisation

The concept of standardisation is to ensure that industries around the world produce the best products and services by optimising the use of their assets and available resources. Standards bring uniformity and justification to every process thus minimisin
Published 14 Oct, 2006 12:00am
Standardisation - an imperative tool for global competence

Standardisation - an imperative tool for global competence

The small and medium-sized businesses are the fastest growing segment of Pakistan's economy. They are rapidly becoming the leading developers of new jobs. Uses of Compulsory as well as voluntary standards are helping these businesses expand their role as
Published 14 Oct, 2006 12:00am
Standards and quality control integral part of economy

Standards and quality control integral part of economy

Standardisation is instrumental in the creation of order in our technical world. Actually in broad sense we may say, it is an integral part of the existing economic, social and legal structure.
Published 14 Oct, 2006 12:00am
Message from Director General, PSQCA

Message from Director General, PSQCA

World Standards Day is being celebrated to mark the birth of the International Organisation for Standardisation (ISO), which held its first meeting in London on October 14, 1946, and from an initial roster of 25 countries, ISO (based in Geneva, Switzerlan
Published 14 Oct, 2006 12:00am
CBR member sales tax transferred

CBR member sales tax transferred

The government has transferred CBR Member Sales Tax Shahid Ahmed to Customs, Central Excise and Sales Tax Appellate Tribunal, placing his services at the disposal of Law and Justice Division, it is learnt. Mrs Musarrat Jabeen, CBR Member Tax Policy and Re
Published 14 Oct, 2006 12:00am
CBR member sales tax transferred

CBR member sales tax transferred

The government has transferred CBR Member Sales Tax Shahid Ahmed to Customs, Central Excise and Sales Tax Appellate Tribunal, placing his services at the disposal of Law and Justice Division, it is learnt. Mrs Musarrat Jabeen, CBR Member Tax Policy and Re
Published 14 Oct, 2006 12:00am
Message from Federal Minister for Science and Technology

Message from Federal Minister for Science and Technology

The objective of World Standards Day being celebrated on 14th October, 2006 reminds us about the increasing importance of global standardisation in the world economy and to promote the role of standards in helping meet the needs of business, industry, gov
Published 14 Oct, 2006 12:00am
CBR member sales tax transferred

CBR member sales tax transferred

The government has transferred CBR Member Sales Tax Shahid Ahmed to Customs, Central Excise and Sales Tax Appellate Tribunal, placing his services at the disposal of Law and Justice Division, it is learnt. Mrs Musarrat Jabeen, CBR Member Tax Policy and Re
Published 14 Oct, 2006 12:00am
Message from ITU Secretary-General

Message from ITU Secretary-General

Small business could claim to be the world's biggest business. It is estimated that more than 95 percent of the world's businesses are small to medium sized.
Published 14 Oct, 2006 12:00am
ECC briefed on POL tax rates

ECC briefed on POL tax rates

The government has acknowledged that taxes percentage on petroleum products is higher in Pakistan as compared to Bangladesh, Nepal and Sri Lanka. Sources told Business Recorder that the percentage of taxes on POL products was discussed in the last
Published 14 Oct, 2006 12:00am
ECC briefed on POL tax rates

ECC briefed on POL tax rates

The government has acknowledged that taxes percentage on petroleum products is higher in Pakistan as compared to Bangladesh, Nepal and Sri Lanka. Sources told Business Recorder that the percentage of taxes on POL products was discussed in the last
Published 14 Oct, 2006 12:00am
Message from IEC President

Message from IEC President

Small business could claim to be the world's biggest business. It is estimated that more than 95 percent of the world's businesses are small to medium sized.
Published 14 Oct, 2006 12:00am
ECC briefed on POL tax rates

ECC briefed on POL tax rates

The government has acknowledged that taxes percentage on petroleum products is higher in Pakistan as compared to Bangladesh, Nepal and Sri Lanka. Sources told Business Recorder that the percentage of taxes on POL products was discussed in the last
Published 14 Oct, 2006 12:00am
BRIDGE NOTES: The British pair pushed the Spaniards to make grand slam

BRIDGE NOTES: The British pair pushed the Spaniards to make grand slam

In the countries of European continent Spain is known for its beautiful landscape and a colour blend of modern and ancient civilisation. The younger generation is ambitious and forward-looking appears keen to promote cultural activity with particular emph
Published 14 Oct, 2006 12:00am
Reduction in oil prices ruled out

Reduction in oil prices ruled out

Oil prices are not going to go down in the wake of the drop in international market, said the Minister of State for Information & Broadcasting, Tariq Azeem, at a press briefing here on Friday. He said that despite reduction in global oil prices, the gover
Published 14 Oct, 2006 12:00am
Reduction in oil prices ruled out

Reduction in oil prices ruled out

Oil prices are not going to go down in the wake of the drop in international market, said the Minister of State for Information & Broadcasting, Tariq Azeem, at a press briefing here on Friday. He said that despite reduction in global oil prices, the gover
Published 14 Oct, 2006 12:00am
Reduction in oil prices ruled out

Reduction in oil prices ruled out

Oil prices are not going to go down in the wake of the drop in international market, said the Minister of State for Information & Broadcasting, Tariq Azeem, at a press briefing here on Friday. He said that despite reduction in global oil prices, the gover
Published 14 Oct, 2006 12:00am
LPG prices slashed by Rs 5 per kg

LPG prices slashed by Rs 5 per kg

The prices of liquefied petroleum gas (LPG) have been reduced from Rs 55 per kg to Rs 50 per kg due to increase in imports and drop in demand across the country.
Published 14 Oct, 2006 12:00am
DCL Newsletter

DCL Newsletter

Defence Central Library has over 53,000 books on a variety of subjects. These range from fictional works of classical writers to books on liberal arts and scientific subjects. There is plenty for students as well. Latest national and international magazin
Published 14 Oct, 2006 12:00am
LPG prices slashed by Rs 5 per kg

LPG prices slashed by Rs 5 per kg

The prices of liquefied petroleum gas (LPG) have been reduced from Rs 55 per kg to Rs 50 per kg due to increase in imports and drop in demand across the country.
Published 14 Oct, 2006 12:00am
Harking back to the dreary past

Harking back to the dreary past

I chanced to read an article on music, published in a national daily a few weeks ago in which the learned author attributed a peculiar style of vocalisation practised by a clan of contemporary Pakistani classical vocalists, which the vocalists themselves
Published 14 Oct, 2006 12:00am
LPG prices slashed by Rs 5 per kg

LPG prices slashed by Rs 5 per kg

The prices of liquefied petroleum gas (LPG) have been reduced from Rs 55 per kg to Rs 50 per kg due to increase in imports and drop in demand across the country.
Published 14 Oct, 2006 12:00am
LAHORE CULTURAL DIARY: Preparing for Eid festivities

LAHORE CULTURAL DIARY: Preparing for Eid festivities

Cultural activities in Lahore generally remained at a low key keeping in view the sanctity of the fasting month of Ramzan in which the Muslims are required to keep fast from dawn to dusk and abstaining from anything, which can be construed as unwarranted
Published 14 Oct, 2006 12:00am
World Bank against gas subsidy for fertiliser industry

World Bank against gas subsidy for fertiliser industry

The World Bank has demanded that the government should put an end to its policy of heavily subsidising the fertiliser industry for gas, saying that it was the basic reason of distortion in the pricing mechanism and was hurting other categories'' interests
Published 14 Oct, 2006 12:00am
'Khawaja of Ajmer'

'Khawaja of Ajmer'

The author devoted 50 years of his life to the profession of insurance and as such it was never expected, at least by me, that he would ever write, on the controversial and intricate subject of Sufism, and especially, on the life and teachings of the grea
Published 14 Oct, 2006 12:00am
World Bank against gas subsidy for fertiliser industry

World Bank against gas subsidy for fertiliser industry

The World Bank has demanded that the government should put an end to its policy of heavily subsidising the fertiliser industry for gas, saying that it was the basic reason of distortion in the pricing mechanism and was hurting other categories' interests.
Published 14 Oct, 2006 12:00am
BOOK REVIEW: An honest, committed critic

BOOK REVIEW: An honest, committed critic

Dr Muhammad Ali Siddiqui needs no introduction, at least in literary and academic circles. Apart from being on the editorial boards of various literary magazines and contributing columns in English and Urdu newspapers he has given us four books in as many
Published 14 Oct, 2006 12:00am
World Bank against gas subsidy for fertiliser industry

World Bank against gas subsidy for fertiliser industry

The World Bank has demanded that the government should put an end to its policy of heavily subsidising the fertiliser industry for gas, saying that it was the basic reason of distortion in the pricing mechanism and was hurting other categories' interests.
Published 14 Oct, 2006 12:00am
What is dengue haemorrhagic fever?

What is dengue haemorrhagic fever?

Dengue fever is a flu-like illness spread by the bite of an infected mosquito. Dengue haemorrhagic fever is a severe, often fatal, complication of dengue fever.
Published 14 Oct, 2006 12:00am
Afghan defence ministry official held

Afghan defence ministry official held

Frontier Corps Balochistan (Pishin Scouts) have arrested an official of Afghan defence ministry in Chaman near Pak-Afghan friendship gate on Friday, an FC press release issued here said.
Published 14 Oct, 2006 12:00am
The late Iftekhar Ahmed Khan, a scholar of high calibre

The late Iftekhar Ahmed Khan, a scholar of high calibre

Some experts believe that a child's experiences in the family are crucial for personality development. Some authorities emphasise the role of social and cultural traditions in personality development. But in my opinion the above mentioned segments play vi
Published 14 Oct, 2006 12:00am
Afghan defence ministry official held

Afghan defence ministry official held

Frontier Corps Balochistan (Pishin Scouts) have arrested an official of Afghan defence ministry in Chaman near Pak-Afghan friendship gate on Friday, an FC press release issued here said.
Published 14 Oct, 2006 12:00am
Tax incentives package likely for Tuwairqi EPZ

Tax incentives package likely for Tuwairqi EPZ

The Central Board of Revenue (CBR) is likely to announce a package of tax incentives for the Export Processing Zone declared for the Tuwairqi Steel Mills Limited (TSML). Sources said the TSML has submitted the amended version of schedule 2 of the agreemen
Published 14 Oct, 2006 12:00am
Philosophy of religion: the correct religious attitude-III

Philosophy of religion: the correct religious attitude-III

The Responsibility of Indhar: The chain of prophets and messengers began with Adam (sws) and ended on Muhammad (sws). After his departure, divine revelation ceased and the institution of prophethood was terminated (the Qur'an, 33: 40).
Published 14 Oct, 2006 12:00am
Tax incentives package likely for Tuwairqi EPZ

Tax incentives package likely for Tuwairqi EPZ

The Central Board of Revenue (CBR) is likely to announce a package of tax incentives for the Export Processing Zone declared for the Tuwairqi Steel Mills Limited (TSML). Sources said the TSML has submitted the amended version of schedule 2 of the agreemen
Published 14 Oct, 2006 12:00am
Gwadar - emergence of new world trade hub

Gwadar - emergence of new world trade hub

The Makran region surrounding Gwadar was occupied by unknown Bronze age people who settled in the few oases. It later became the Gedrosia region of the Achaemenid Persian Empire. The region is believed to have been conquered by the founder of the Persian
Published 14 Oct, 2006 12:00am
Tax incentives package likely for Tuwairqi EPZ

Tax incentives package likely for Tuwairqi EPZ

The Central Board of Revenue (CBR) is likely to announce a package of tax incentives for the Export Processing Zone declared for the Tuwairqi Steel Mills Limited (TSML). Sources said the TSML has submitted the amended version of schedule 2 of the agreemen
Published 14 Oct, 2006 12:00am
Qur'anic imagery of Doomsday and Resurrection-I

Qur'anic imagery of Doomsday and Resurrection-I

The Holy Qur'an is very rich in imagery. Sent for the guidance of mankind, the Qur'an deals with many subjects belonging to the supersensory realm such as faith in one God, the angels, doomsday and resurrection, heaven and hell.
Published 14 Oct, 2006 12:00am
Tax incentives package likely for Tuwairqi EPZ

Tax incentives package likely for Tuwairqi EPZ

The Central Board of Revenue (CBR) is likely to announce a package of tax incentives for the Export Processing Zone declared for the Tuwairqi Steel Mills Limited (TSML). Sources said the TSML has submitted the amended version of schedule 2 of the agreemen
Published 14 Oct, 2006 12:00am