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Print - 2006-11-05
No plan to raise power tariff: minister

No plan to raise power tariff: minister

The government on Saturday dismissed the impression, triggered by a top official's statement, that it was contemplating increase in power tariff due to high oil prices. "The government has not taken any decision regarding increase in power tariff," Minist
Published 05 Nov, 2006 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 04, 2006).

Published 05 Nov, 2006 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 04, 2006).

Published 05 Nov, 2006 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 04, 2006).

Published 05 Nov, 2006 12:00am
SBP asks audit firms to submit quality control review

SBP asks audit firms to submit quality control review

The State Bank of Pakistan has made it obligatory for audit firms to acquire and submit quality control review (QCR) after every two-and-a-half years from the Institute of Chartered Accountants of Pakistan, or face downgrading or delisting.
Published 05 Nov, 2006 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 04, 2006).

Published 05 Nov, 2006 12:00am
SBP asks audit firms to submit quality control review

SBP asks audit firms to submit quality control review

The State Bank of Pakistan has made it obligatory for audit firms to acquire and submit quality control review (QCR) after every two-and-a-half years from the Institute of Chartered Accountants of Pakistan, or face downgrading or delisting.
Published 05 Nov, 2006 12:00am
SBP asks audit firms to submit quality control review

SBP asks audit firms to submit quality control review

The State Bank of Pakistan has made it obligatory for audit firms to acquire and submit quality control review (QCR) after every two-and-a-half years from the Institute of Chartered Accountants of Pakistan, or face downgrading or delisting.
Published 05 Nov, 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 Saturday (November 04, 2006).

Published 05 Nov, 2006 12:00am
Accord with Italy on swapping $85 million debt

Accord with Italy on swapping $85 million debt

Pakistan and Italy have signed an agreement on Saturday in connection with debt-for-development swap. The agreement was signed by visiting Italian deputy foreign minister Gianni Vernetti and minister of state for economic affairs Hina Rabbani Khar.
Published 05 Nov, 2006 12:00am
Accord with Italy on swapping $85 million debt

Accord with Italy on swapping $85 million debt

Pakistan and Italy have signed an agreement on Saturday in connection with debt-for-development swap. The agreement was signed by visiting Italian deputy foreign minister Gianni Vernetti and minister of state for economic affairs Hina Rabbani Khar.
Published 05 Nov, 2006 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (November 04, 2006).

Published 05 Nov, 2006 12:00am
Accord with Italy on swapping $85 million debt

Accord with Italy on swapping $85 million debt

Pakistan and Italy have signed an agreement on Saturday in connection with debt-for-development swap. The agreement was signed by visiting Italian deputy foreign minister Gianni Vernetti and minister of state for economic affairs Hina Rabbani Khar.
Published 05 Nov, 2006 12:00am
Musharraf launches Karachi-Dubai sea cruise

Musharraf launches Karachi-Dubai sea cruise

President General Pervez Musharraf on Saturday said Karachi has been placed on the map of the world sea cruise with the launch of first ever sea cruise liner.
Published 05 Nov, 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 Saturday (November 04, 2006).

Published 05 Nov, 2006 12:00am
Musharraf launches Karachi-Dubai sea cruise

Musharraf launches Karachi-Dubai sea cruise

President General Pervez Musharraf on Saturday said Karachi has been placed on the map of the world sea cruise with the launch of first ever sea cruise liner.
Published 05 Nov, 2006 12:00am
Musharraf launches Karachi-Dubai sea cruise

Musharraf launches Karachi-Dubai sea cruise

President General Pervez Musharraf on Saturday said Karachi has been placed on the map of the world sea cruise with the launch of first ever sea cruise liner.
Published 05 Nov, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (November 04, 2006).

Published 05 Nov, 2006 12:00am
PTCL repairs cable damaged by Al-Wateen

PTCL repairs cable damaged by Al-Wateen

Pakistan Telecommunication Company Limited (PTCL) has rectified the telephone service disrupt due to the damage caused to PTCL Karachi-Peshawar optical fiber cable on Indus highway within one hour.
Published 05 Nov, 2006 12:00am
Defence cooperation discussed with Ukraine

Defence cooperation discussed with Ukraine

Ukraine's President Victor Yushchenko met with visiting Pakistan Senior Federal Defence Minister Rao Sikandar Iqbal, and discussed how to develop co-operation between the two countries.
Published 05 Nov, 2006 12:00am
INCEIF and Meezan Bank to ink MoU

INCEIF and Meezan Bank to ink MoU

A memorandum of understanding (MoU) signing ceremony between International Centre of Education in Islamic Finance (INCEIF) and Meezan Bank Limited would be held on November 6. The purpose of the agreement is to promote Islamic banking in the country.
Published 05 Nov, 2006 12:00am
Christian youth forum on November 11

Christian youth forum on November 11

Pakistan Christian National Party (PCNP) will hold All Pakistan Christian youth conference in the city on November 11. This was revealed in an information received here on Friday.
Published 05 Nov, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (November 04, 2006) and for Sunday (November 05, 2006).
Published 05 Nov, 2006 12:00am
World Islamic Economic Forum opens today

World Islamic Economic Forum opens today

The three-day Second World Islamic Economic Forum Islamabad-2006 conference will open here on Sunday to chalk out a road map for the economic and social uplift of the Muslim world and provide opportunities for successful integration with the Western world
Published 05 Nov, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (November 04, 2006).

Published 05 Nov, 2006 12:00am
World Islamic Economic Forum opens today

World Islamic Economic Forum opens today

The three-day Second World Islamic Economic Forum Islamabad-2006 conference will open here on Sunday to chalk out a road map for the economic and social uplift of the Muslim world and provide opportunities for successful integration with the Western world
Published 05 Nov, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (November 04, 2006).

Published 05 Nov, 2006 12:00am
World Islamic Economic Forum opens today

World Islamic Economic Forum opens today

The three-day Second World Islamic Economic Forum Islamabad-2006 conference will open here on Sunday to chalk out a road map for the economic and social uplift of the Muslim world and provide opportunities for successful integration with the Western world
Published 05 Nov, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (November 04, 2006).

Published 05 Nov, 2006 12:00am
USC refuses to buy small grain sugar from TCP

USC refuses to buy small grain sugar from TCP

The Utility Stores Corporation of Pakistan (USC) has declined to purchase imported small grain sugar from the Trading Corporation of Pakistan (TCP), being substandard and having less sweetness.
Published 05 Nov, 2006 12:00am
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (October 02 to 31, 2006)

Published 05 Nov, 2006 12:00am
USC refuses to buy small grain sugar from TCP

USC refuses to buy small grain sugar from TCP

The Utility Stores Corporation of Pakistan (USC) has declined to purchase imported small grain sugar from the Trading Corporation of Pakistan (TCP), being substandard and having less sweetness.
Published 05 Nov, 2006 12:00am
The Weather

The Weather

The weather report on Saturday (November 04, 2006) and the forecast for Sunday (November 05, 2006).
Published 05 Nov, 2006 12:00am
USC refuses to buy small grain sugar from TCP

USC refuses to buy small grain sugar from TCP

The Utility Stores Corporation of Pakistan (USC) has declined to purchase imported small grain sugar from the Trading Corporation of Pakistan (TCP), being substandard and having less sweetness.
Published 05 Nov, 2006 12:00am
Banks Nationalisation Act, 1974 amended

Banks Nationalisation Act, 1974 amended

The following Ordinance (No 2(1)/2006-Pub) has been promulgated by the President. Ordinance No XXIX of 2006, to further to amend the Banks (Nationalization) Act, 1974.
Published 05 Nov, 2006 12:00am
Banks Nationalisation Act, 1974 amended

Banks Nationalisation Act, 1974 amended

The following Ordinance (No 2(1)/2006-Pub) has been promulgated by the President. Ordinance No XXIX of 2006, to further to amend the Banks (Nationalization) Act, 1974.
Published 05 Nov, 2006 12:00am
Banks Nationalisation Act, 1974 amended

Banks Nationalisation Act, 1974 amended

The following Ordinance (No 2(1)/2006-Pub) has been promulgated by the President. Ordinance No XXIX of 2006, to further to amend the Banks (Nationalization) Act, 1974.
Published 05 Nov, 2006 12:00am
Banks Nationalisation Act, 1974 amended

Banks Nationalisation Act, 1974 amended

The following Ordinance (No 2(1)/2006-Pub) has been promulgated by the President. Ordinance No XXIX of 2006, to further to amend the Banks (Nationalization) Act, 1974.
Published 05 Nov, 2006 12:00am
Israel kills seven in Gaza

Israel kills seven in Gaza

Seven people, including a teenager and five gunmen, were killed in the Gaza Strip Saturday as Israel pressed an offensive on militants that has left 42 Palestinians and one soldier dead in four days.
Published 05 Nov, 2006 12:00am
Israel kills seven in Gaza

Israel kills seven in Gaza

Seven people, including a teenager and five gunmen, were killed in the Gaza Strip Saturday as Israel pressed an offensive on militants that has left 42 Palestinians and one soldier dead in four days.
Published 05 Nov, 2006 12:00am
Iran offers Pakistan electricity agreement

Iran offers Pakistan electricity agreement

Iran has offered Pakistan electricity agreement similar to India-Pakistan-Iran (IPI) gas pipeline project besides, agreeing to establish a joint investment company between the two countries.
Published 05 Nov, 2006 12:00am
Iran offers Pakistan electricity agreement

Iran offers Pakistan electricity agreement

Iran has offered Pakistan electricity agreement similar to India-Pakistan-Iran (IPI) gas pipeline project besides, agreeing to establish a joint investment company between the two countries.
Published 05 Nov, 2006 12:00am
Iran offers Pakistan electricity agreement

Iran offers Pakistan electricity agreement

Iran has offered Pakistan electricity agreement similar to India-Pakistan-Iran (IPI) gas pipeline project besides, agreeing to establish a joint investment company between the two countries.
Published 05 Nov, 2006 12:00am
Musharraf orders Sindh government to lift ban on jobs

Musharraf orders Sindh government to lift ban on jobs

President General Pervez Musharraf has ordered the Sindh government to lift ban on the jobs in Education Department and recruit teachers on the basis of merit. He issued these orders during a presentation on education reforms in Sindh at the Chief Ministe
Published 05 Nov, 2006 12:00am
Musharraf orders Sindh government to lift ban on jobs

Musharraf orders Sindh government to lift ban on jobs

President General Pervez Musharraf has ordered the Sindh government to lift ban on the jobs in Education Department and recruit teachers on the basis of merit. He issued these orders during a presentation on education reforms in Sindh at the Chief Ministe
Published 05 Nov, 2006 12:00am
Arbab briefs Musharraf on Sindh problems

Arbab briefs Musharraf on Sindh problems

Sindh Chief Minister Dr Arbab Ghulam Rahim called on President General Pervez Musharraf here on Saturday. Matters of mutual interest were discussed at the one-on-one meeting, held here at the Chief Minister House.
Published 05 Nov, 2006 12:00am
Russian nationalists rally against immigration

Russian nationalists rally against immigration

Russian nationalists and neo-fascists rallied in Moscow and across Russia Saturday to mark National Unity Day in what they billed as a show of force by the country's rising anti-immigrant movement.
Published 05 Nov, 2006 12:00am
Egypt says dismayed over Israeli actions in Gaza

Egypt says dismayed over Israeli actions in Gaza

Egypt's Foreign Minister Ahmed Aboul Gheit said on Saturday he was dismayed at what he called Israel's excessive use of force in a four-day military offensive in the Gaza Strip that has killed 39 people.
Published 05 Nov, 2006 12:00am
Iraq waits nervously to hear if Saddam will hang

Iraq waits nervously to hear if Saddam will hang

Iraqi security forces were on alert and a curfew was expected to keep Baghdad locked down on Sunday when Saddam Hussein hears the verdict in his trial for crimes against humanity. If convicted, the ousted Iraqi president could be sentenced to hang.
Published 05 Nov, 2006 12:00am
Bush envoy confirms backdown on Darfur peace force

Bush envoy confirms backdown on Darfur peace force

In a major policy reversal, Washington's special envoy for Sudan has confirmed the United States is backing away from demands for deployment of a UN peacekeeping force to halt what it has called genocide in the war-torn region of Darfur.
Published 05 Nov, 2006 12:00am
No plan to raise power tariff: minister

No plan to raise power tariff: minister

The government on Saturday dismissed the impression, triggered by a top official's statement, that it was contemplating increase in power tariff due to high oil prices. "The government has not taken any decision regarding increase in power tariff," Minist
Published 05 Nov, 2006 12:00am
Rally held

Rally held

The Pakistan Peoples' Party Patriot (PPP-Patriots) organised a rally to pay homage to President General Pervez Musharraf for his meritorious services rendered for the country during his seven years regime. PPP-Patriots secretary-information Rao Yasir Iqba
Published 05 Nov, 2006 12:00am
'Textile policy to deal with all problems'

'Textile policy to deal with all problems'

Textile minister has said the National Textile policy is being formulated with an objective to provide short- and long-term solutions of the problems, confronting the textile industry in Pakistan.
Published 05 Nov, 2006 12:00am
Nuclear technology: Shaukat supports Iran's just right

Nuclear technology: Shaukat supports Iran's just right

Prime Minister Shaukat Aziz has said Pakistan attaches importance to development of its relations with Iran and fully supports acquisition of nuclear technology by Iran as per international laws. He said this during his meeting with a delegation of Irania
Published 05 Nov, 2006 12:00am
Erra stops third instalment of compensation money

Erra stops third instalment of compensation money

Authorities of Earthquake Rehabilitation and Reconstruction Authority (Erra) while declaring construction of 98 percent houses substandard in suburb villages of Muzaffarabad has stopped third instalment of compensation money to earthquake survivors.
Published 05 Nov, 2006 12:00am
Six of a family drown as boat capsizes

Six of a family drown as boat capsizes

Six members of a family including three children were drowned when a boat capsized in Raino Canal near Sangarh on Saturday. Report reaching here said that residents of Wada Village were on their way to home after working in their fields of cotton in Malir
Published 05 Nov, 2006 12:00am
Punjab and Sindh to get extra water for Rabi crop

Punjab and Sindh to get extra water for Rabi crop

Indus River System Authority (Irsa) has increased water share of Punjab and Sindh for cultivation of Rabi crop, sources said. The sources said that decision to this effect was taken on the request of the two provinces.
Published 05 Nov, 2006 12:00am
People's forum moot from November 6

People's forum moot from November 6

A three-day conference of representatives from India, Pakistan and Bangladesh will be held at Lucknow University starting November 6. "Time has come to erase memories of partition. The artificial boundaries that divide people of the sub-continent must go
Published 05 Nov, 2006 12:00am
Rally against murder of journalist today

Rally against murder of journalist today

Pakistan Federal Union of Journalists and Rawalpindi/Islamabad Union of Journalists (Dastoor) will hold a protest deconstruction on Sunday against the brutal murder of Pakistan Press International (PPI) Resident Editor Malik Mohammad Ismail Khan.
Published 05 Nov, 2006 12:00am
Warid gets $500 million loan for expansion

Warid gets $500 million loan for expansion

Warid Telecom (Warid), fastest growing mobile cellular operator in Pakistan, signed a loan agreement for 500 million dollar to finance its nation wide EDGE-compliant mobile network expansion supplied by Ericsson in Pakistan.
Published 05 Nov, 2006 12:00am
Training programme for traffic police officers held

Training programme for traffic police officers held

Islamabad Model Traffic Police on Saturday organised one-day training programme for officers to communicate friendly with the public while performing their duty. The training was conducted by two UK-based Pakistani professional trainers Umair Akhter and S
Published 05 Nov, 2006 12:00am
IMC to expand manufacturing plan

IMC to expand manufacturing plan

Indus Motors Company (IMC) intends to manufacture 1,50,000 units per month through expanding its plant till 2015, Pervez Ghayas, chief executive of IMC said. He said, the company's expansion would require increase in supply to vendors, adding that Indus w
Published 05 Nov, 2006 12:00am
CSS officers major asset to country: Prime Minister

CSS officers major asset to country: Prime Minister

Prime Minister Shaukat Aziz on Saturday said the officers of the Civil Service are a major asset to the country and have a critical role in ensuring good governance and transparency while serving the people.
Published 05 Nov, 2006 12:00am
Pak-Malaysia academic cooperation stressed

Pak-Malaysia academic cooperation stressed

The academicians, scholars, intellectuals from Pakistan and Malaysia who participated in an international conference on "Malaysia-Pakistan Relations" recommends that Pakistan and Malaysia take the necessary steps to encourage academic co-operation, social
Published 05 Nov, 2006 12:00am
Pakistan and Iran enjoy friendly relations: Mushahid

Pakistan and Iran enjoy friendly relations: Mushahid

Senate foreign relations committee chairman Mushahid Hussain has said that Pakistan and Iran "have very cordial, traditional, strong and friendly" relations, based on mutual respect and honour.
Published 05 Nov, 2006 12:00am
Prime Minister to discuss Pak-US ties

Prime Minister to discuss Pak-US ties

Prime Minister Shaukat Aziz, during his visit to the United States next week, will discuss "US-Pakistan relations" in a lecture scheduled for Thursday in Dodds Auditorium, Robertson Hall here.
Published 05 Nov, 2006 12:00am
Team to leave for China today

Team to leave for China today

A high level Pakistani delegation would depart for Chinese capital, Beijing, on Sunday vis-à-vis the upcoming visit of Chinese President to Pakistan in the end of current month. The team, led by Dr Akram Sheikh, would discuss drafts of bilateral agreement
Published 05 Nov, 2006 12:00am
Green Punjab programme moving swiftly: chief minister

Green Punjab programme moving swiftly: chief minister

Punjab Chief Minister Chaudhry Pervaiz Elahi chairing a meeting here on Saturday said that his government's scheme for provision of 4-stroke rickshaws under 'Green Punjab Programme' was moving swiftly.
Published 05 Nov, 2006 12:00am
Dal moong wholesale price falls sharply

Dal moong wholesale price falls sharply

The price of dal moong has registered a sharp fall of Rs 6 per kg in the wholesale market during the last one month, and a further decrease in its price is expected soon, according to wholesalers.
Published 05 Nov, 2006 12:00am
CDGL to launch beef breed project

CDGL to launch beef breed project

The City District Government Lahore (CDGL) has decided to launch a project of beef breed to overcome meat shortage in the city. The CDGL would set up five centres of artificial breeding in the areas of Lakhoki, Marakah, Dyal, Ladheke Uchay and Karol Ghaat
Published 05 Nov, 2006 12:00am
Ban on container movement being defied

Ban on container movement being defied

Containers are still seen plying in the city without proper locking mechanism to prevent slipping and falling off containers from trailers despite ban imposed on the movement of containers without proper locking mechanism.
Published 05 Nov, 2006 12:00am
Majyd to represent KCCI at Asia Forum

Majyd to represent KCCI at Asia Forum

Karachi Chamber of Commerce and Industry (KCCI) President, Majyd Aziz will represent Pakistan's private sector and KCCI at the Asia Invest Forum China 2006 being organised on November 5-7, 2006 in Chengdu, China, by European Union Chamber of Commerce (EUC
Published 05 Nov, 2006 12:00am
'PIA to operate as a profitable airline from 2007'

'PIA to operate as a profitable airline from 2007'

PIA in the last two years has been badly hurt by the exorbitant increase in fuel price reaching a high level $78 per barrel which had also adversely impacted the entire aviation industry resulting in an overall loss of $8 billion.
Published 05 Nov, 2006 12:00am
Atlas Bank assigned 'A-, A2' ratings

Atlas Bank assigned 'A-, A2' ratings

The Pakistan Credit Rating Agency (Pacra) has assigned a long-term rating of "A-" (A minus) and a short-term rating of "A2" (A Two) to Atlas Bank Limited (ATBL). These ratings denote a low expectation of credit risk emanating from a strong capacity for ti
Published 05 Nov, 2006 12:00am
Atlas Bank assigned 'A-, A2' ratings

Atlas Bank assigned 'A-, A2' ratings

The Pakistan Credit Rating Agency (Pacra) has assigned a long-term rating of "A-" (A minus) and a short-term rating of "A2" (A Two) to Atlas Bank Limited (ATBL). These ratings denote a low expectation of credit risk emanating from a strong capacity for ti
Published 05 Nov, 2006 12:00am
Importers fraudulently earn millions on urea subsidy

Importers fraudulently earn millions on urea subsidy

The phosphatic and potash fertiliser importers in connivance with the Ministry of Food, Agriculture and Livestock (Minfal) officials have fraudulently minted millions of rupees on the subsidy the prime minister announced at Rs 250 per 50-kg bag.
Published 05 Nov, 2006 12:00am
PPAF and Citigroup launch awards programme

PPAF and Citigroup launch awards programme

Pakistan Poverty Alleviation Fund (PPAF) and the Citigroup Foundation have launched a Microentrepreneurship Awards-2006 programme to recognise and honour leadership, entrepreneurial skills and best practices of individual microentrepreneurs in the country
Published 05 Nov, 2006 12:00am
'Steps taken to overcome textile sector problems'

'Steps taken to overcome textile sector problems'

The government has taken prudent and effective measures to help textile sector overcome its problems. Speaking at the annual dinner of All Pakistan Textile Processing Mills Association (APTPMA) here on Thursday, Federal Minister for Textile Industry Chaud
Published 05 Nov, 2006 12:00am