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Print - 2007-05-15
Bajaur youths launch body to protect community rights

Bajaur youths launch body to protect community rights

The Bajaur Youth Movement (BYM) has launched the Bajaur Human Rights Protection Cell (BHRPC) to expedite the struggle for the rights of the community living in Peshawar. The decision to this effect was taken at a fortnightly meeting of the office-bearers
Published 15 May, 2007 12:00am
MMA takes out rally against Karachi carnage

MMA takes out rally against Karachi carnage

A big protest rally to condemn the Karachi incident was taken out here on Monday under the auspices of Muttahida Majlis-i-Amal (MMA). MMA leaders including, Dr Muhammad Kamal, Hanif Abbasi, Dr Hafiz-ur-Rehman, Abdul Majeed Hazarvi, Jehangir Naqshbandi and
Published 15 May, 2007 12:00am
Freedom of media undermined by secrecy culture: PPP

Freedom of media undermined by secrecy culture: PPP

Freedom of media and independence of the Parliament in Pakistan has been gravely undermined by the culture of secrecy and behind the facade of terms like national security and national interest.
Published 15 May, 2007 12:00am
Khuhro issues questionnaire on May 12 incidents

Khuhro issues questionnaire on May 12 incidents

Pakistan Peoples Party leader and Leader of the Opposition in Sindh Assembly Nisar Ahmed Khuhro has said that what were the actual reasons that Sindh Home Department issued special orders to disarm the police 24 hours ahead of the arrival of the Chief Jus
Published 15 May, 2007 12:00am
The Weather

The Weather

The weather report on Monday (May 14, 2007) and the forecast for Tuesday (May 15, 2007).
Published 15 May, 2007 12:00am
Cellphone business exceeds 52 million mark

Cellphone business exceeds 52 million mark

Cellphone business in the country has mushroomed from 1.2 million in 2002 to 52 million in 2007 with the arrival of Telenor and Warid after Mobilink, Ufone, Paktel and Instaphone. Mobilink has over 23 million clients followed by Ufone with 11 million, War
Published 15 May, 2007 12:00am
New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.

Published 15 May, 2007 12:00am
New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.

Published 15 May, 2007 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

There is nothing particularly mentionable to report about today's proceedings in the Senate or the National Assembly. Both the Houses were adjourned without conducting any business. In fact, when we arrived at the Parliament Press Gallery an official enqu
Published 15 May, 2007 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 15 May, 2007 12:00am
'Secularism only way out to get rid of religious fanaticism'

'Secularism only way out to get rid of religious fanaticism'

Speakers condemned the role of religious clerics and held them responsible for the rise in religious extremism in the country. They were addressing a seminar on 'Rise of Religious Extremism: Implications and Challenges', organised by Human Rights Network
Published 15 May, 2007 12:00am
National Assembly witnesses rowdy scenes on Karachi carnage

National Assembly witnesses rowdy scenes on Karachi carnage

The National Assembly witnessed rowdy scenes on Monday, as the proceedings could not last for more than 20 minutes due to opposition's boisterous protest on Karachi carnage. Journalist community also boycotted the house proceedings against firing on Aa
Published 15 May, 2007 12:00am
Trains movement normal

Trains movement normal

All upcountry bound trains left Karachi city and cantonment stations on time. Divisional Superintendent of Railway Mir Mohammed Khaskheli told APP on Monday that except for Quetta Express and Bolan Mail, which were late by three hours, all inbound trains
Published 15 May, 2007 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 05th MAY 2007.

Published 15 May, 2007 12:00am
Killings conspiracy against Karachi: Kamal

Killings conspiracy against Karachi: Kamal

City Nazim Syed Mustafa Kamal has said that there is no any ethnic clash in Karachi, whatever happened on 12th May was unfortunate and conspiracy against Karachi.
Published 15 May, 2007 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 05th MAY 2007.

Published 15 May, 2007 12:00am
Rai Riaz assumes charge of managing director APP

Rai Riaz assumes charge of managing director APP

Senior Officer of the Ministry of Information and Broadcasting Rai Riaz Hussain on Monday assumed the charge of Managing Director, Associated Press of Pakistan (APP). Earlier, he was serving as Minister (Press) at the Pakistan High Commission, New Delhi.
Published 15 May, 2007 12:00am
PHC Chief Justice takes oath as acting NWFP governor

PHC Chief Justice takes oath as acting NWFP governor

The Chief Justice of Peshawar High Court, Justice Tariq Parvez Khan took oath as Acting Governor NWFP on Monday, at an impressive ceremony, held at Governor's House, Peshawar. Senior Judge of the Peshawar High Court Shah Jehan Khan administered the oath.
Published 15 May, 2007 12:00am
Munni Baji dies at 75

Munni Baji dies at 75

Parveen Akhtar alias Munni Baji, a well-know radio artist especially popular among the children, died here on Monday after a brief illness, family sources said. Aged about 75 years, Munni Baji had started her career with All India Radio. Later she moved t
Published 15 May, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 14, 2007).

Published 15 May, 2007 12:00am
Partial closure of shops on ARD strike call

Partial closure of shops on ARD strike call

Like other parts of the country, complete strike was observed in the metropolis and wholesales markets remained closed in response to ARD's strike call to protest massive killings in Karachi on May 12.
Published 15 May, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 14, 2007).

Published 15 May, 2007 12:00am
CBR's paid informers get huge reward

CBR's paid informers get huge reward

Some informers working for the Central Board of Revenue (CBR) have repeatedly obtained huge rewards on detection of income tax concealment cases during the last five years. This astonishing aspect has been disclosed in a written reply of the CBR given to
Published 15 May, 2007 12:00am
LHCBA seeks registration of case against President, Sindh governor

LHCBA seeks registration of case against President, Sindh governor

The Lahore High Court Bar Association (LHCBA) demanded resignation of President General Musharraf and sought registration of a criminal case against him and Governor Sindh over the killing of a bar member, assistant registrar, and innocent citizens of Kar
Published 15 May, 2007 12:00am
THE RUPEE: dollar up in interbank market

THE RUPEE: dollar up in interbank market

Bearish sentiment was seen in the interbank market on Monday as the rupee lost eight paisa against dollar for buying and selling at Rs 60.56 and Rs 60.57, dealers said. The dollar supply was tight due to international market closure, they said adding it i
Published 15 May, 2007 12:00am
Over 0.2 million Afghans return home

Over 0.2 million Afghans return home

As many as 217,277 registered Afghan refugees have returned home since the United Nation High Commission for Refugees (UNHCR) started this year's voluntary repatriation programme. The voluntary repatriation programme of registered Afghans, having Proof of
Published 15 May, 2007 12:00am
THE RUPEE: dollar up in interbank market

THE RUPEE: dollar up in interbank market

Bearish sentiment was seen in the interbank market on Monday as the rupee lost eight paisa against dollar for buying and selling at Rs 60.56 and Rs 60.57, dealers said. The dollar supply was tight due to international market closure, they said adding it i
Published 15 May, 2007 12:00am
VAT law draft on CBR website demanded

VAT law draft on CBR website demanded

Chartered accountants and tax experts have demanded of the Central Board of Revenue (CBR) to place the draft of the Value Added Tax (VAT) Act, 2007 on the CBR official website for comments.
Published 15 May, 2007 12:00am
Auto Assembler: PAK SUZUKI MOTOR COMPANY LIMITED - Year Ended 31-12-2006

Auto Assembler: PAK SUZUKI MOTOR COMPANY LIMITED - Year Ended 31-12-2006

The company's sales revenue continues to trend upward without any dip as can be seen from the six years statistical summary appended with its Annual Report 2006. Gross Profit, also continues to rise with increasing momentum because of increased productivi
Published 15 May, 2007 12:00am
Endocrinology and reproductive health research centre approved

Endocrinology and reproductive health research centre approved

The Higher Education Commission (HEC) has approved the establishment of Centre for Research in Endocrinology and Reproductive Sciences at the University of Health Sciences (UHS), Lahore. The project will cost Rs 37 million and will be completed in 2 years
Published 15 May, 2007 12:00am
Auto Assembler: PAK SUZUKI MOTOR COMPANY LIMITED - Year Ended 31-12-2006

Auto Assembler: PAK SUZUKI MOTOR COMPANY LIMITED - Year Ended 31-12-2006

The company's sales revenue continues to trend upward without any dip as can be seen from the six years statistical summary appended with its Annual Report 2006. Gross Profit, also continues to rise with increasing momentum because of increased productivi
Published 15 May, 2007 12:00am
Complete strike in Sialkot and Faisalabad

Complete strike in Sialkot and Faisalabad

On the call of opposition parties, complete strike was observed in Sialkot and its adjoining areas on Monday to condemn the Karachi killings, while police apprehended dozens of workers of different political parties.
Published 15 May, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (May 14, 2007).

Published 15 May, 2007 12:00am
Complete shutter-down strike in Peshawar

Complete shutter-down strike in Peshawar

The trading community here on Monday observed complete shutter-down strike to condemn Saturday's carnage in Karachi by armed activists of Muttahida Qoumi Movement (MQM), coalition partner in federal and Sindh provincial governments.
Published 15 May, 2007 12:00am
Strike paralyses Karachi

Strike paralyses Karachi

A shutter down strike call given by the opposition political parties left the trade, commercial and social activities completely paralysed in the metropolis on Monday, while law enforcement agencies were assigned the city charge to clamp down on miscreant
Published 15 May, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 May, 2007 12:00am
LSE workers give strike call for May 16

LSE workers give strike call for May 16

Shaheen Labour Union of Lahore Stock Exchange (LSE) has announced to observe complete strike on Wednesday against what its leadership said; "stubbornness of the management of the exchange in acceptance of their genuine demands."
Published 15 May, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (May 14, 2007).

Published 15 May, 2007 12:00am
OIC foreign ministers moot begins today

OIC foreign ministers moot begins today

The three-day 34th session of Islamic Conference of Foreign Ministers (ICFM) begins here on Tuesday. Foreign Office Spokesperson Tasnim Aslam told newsmen here on Monday that the conference being termed as the session of peace, progress and harmony, will
Published 15 May, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 May, 2007 12:00am
CBR's legal adviser drafts FBR laws and rules

CBR's legal adviser drafts FBR laws and rules

Legal consultant of the Central Board of Revenue (CBR) has drafted Federal Board of Revenue (FBR) law and rules/procedure to give legal cover to the Internal Job Posting (IJP) process, rollout of Regional Tax Offices (RTOs) and Model Customs Collectorates
Published 15 May, 2007 12:00am
''Exports to traditional markets remain marginal''

''Exports to traditional markets remain marginal''

Country''s exports to its traditional markets North America, European Union and Middle East remained marginal in first eight months of current financial year, region-wise export figures said. Although Pakistan could not post high growth in its export to t
Published 15 May, 2007 12:00am
'Exports to traditional markets remain marginal'

'Exports to traditional markets remain marginal'

Country's exports to its traditional markets North America, European Union and Middle East remained marginal in first eight months of current financial year, region-wise export figures said. Although Pakistan could not post high growth in its export to th
Published 15 May, 2007 12:00am
'Exports to traditional markets remain marginal'

'Exports to traditional markets remain marginal'

Country's exports to its traditional markets North America, European Union and Middle East remained marginal in first eight months of current financial year, region-wise export figures said. Although Pakistan could not post high growth in its export to th
Published 15 May, 2007 12:00am
Sexwale hints at candidacy as ANC race heats up

Sexwale hints at candidacy as ANC race heats up

The race to lead South Africa's ruling African National Congress heated up on Monday when former political prisoner and businessman Tokyo Sexwale said he could be a candidate to succeed President Thabo Mbeki.
Published 15 May, 2007 12:00am
Global refinery margins hold firm on gasoline worries

Global refinery margins hold firm on gasoline worries

Global refinery margins held firm last week, supported by concern refiners will not have enough time to boost dwindling gasoline supplies in the US, just weeks ahead of the summer driving season.
Published 15 May, 2007 12:00am
Alstom profit rises

Alstom profit rises

French transport and power group Alstom on Monday raised its profit targets after its power generating activities helped it more than double net profit to 448 million euros ($603.7 million) in 2006/2007.
Published 15 May, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (May 14, 2007).

Published 15 May, 2007 12:00am
Alstom profit rises

Alstom profit rises

French transport and power group Alstom on Monday raised its profit targets after its power generating activities helped it more than double net profit to 448 million euros ($603.7 million) in 2006/2007.
Published 15 May, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (May 14, 2007).

Published 15 May, 2007 12:00am
Euro not slowing growth: employers group

Euro not slowing growth: employers group

The level of the euro against other currencies is not hurting growth and European Central Bank policy is understandable, Ernest-Antoine Seilliere, the president of BusinessEurope employers group said. The euro has strengthened in recent months against the
Published 15 May, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (May 14, 2007).

Published 15 May, 2007 12:00am
ISE equities witness erosion

ISE equities witness erosion

Equities witnessed broad-based erosion at the Islamabad Stock Exchange (ISE) where bears dominated the proceedings under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 17.86 points as the index moved from 2,588.53 to 2,570.67
Published 15 May, 2007 12:00am
ISE equities witness erosion

ISE equities witness erosion

Equities witnessed broad-based erosion at the Islamabad Stock Exchange (ISE) where bears dominated the proceedings under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 17.86 points as the index moved from 2,588.53 to 2,570.67
Published 15 May, 2007 12:00am
Lahore stocks decline

Lahore stocks decline

Share values fell after majority of players off-loaded their positions fearing violence during the strike on Monday, however, last minutes recovery in oil sector averted chances of a massive battering. The LSE-25 index ended with a loss of 21.03 points to
Published 15 May, 2007 12:00am
Lahore stocks decline

Lahore stocks decline

Share values fell after majority of players off-loaded their positions fearing violence during the strike on Monday, however, last minutes recovery in oil sector averted chances of a massive battering. The LSE-25 index ended with a loss of 21.03 points to
Published 15 May, 2007 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 Monday (May 14, 2007).

Published 15 May, 2007 12:00am
Rs 2.1 trillion outlay for next budget worked out

Rs 2.1 trillion outlay for next budget worked out

The government on Monday worked out an outlay of Rs 2.1 trillion for budget 2007-08, and set a target for Central Board of Revenue (CBR) of Rs 1.12 trillion of tax collection at a meeting held here. PM''''s Adviser on finance Dr Salman Shah was in the cha
Published 15 May, 2007 12:00am
Rs 2.1 trillion outlay for next budget worked out

Rs 2.1 trillion outlay for next budget worked out

The government on Monday worked out an outlay of Rs 2.1 trillion for budget 2007-08, and set a target for Central Board of Revenue (CBR) of Rs 1.12 trillion of tax collection at a meeting held here. PM''s Adviser on finance Dr Salman Shah was in the chair
Published 15 May, 2007 12:00am
Rs 2.1 trillion outlay for next budget worked out

Rs 2.1 trillion outlay for next budget worked out

The government on Monday worked out an outlay of Rs 2.1 trillion for budget 2007-08, and set a target for Central Board of Revenue (CBR) of Rs 1.12 trillion of tax collection at a meeting held here. PM's Adviser on finance Dr Salman Shah was in the chair.
Published 15 May, 2007 12:00am
Rs 2.1 trillion outlay for next budget worked out

Rs 2.1 trillion outlay for next budget worked out

The government on Monday worked out an outlay of Rs 2.1 trillion for budget 2007-08, and set a target for Central Board of Revenue (CBR) of Rs 1.12 trillion of tax collection at a meeting held here. PM's Adviser on finance Dr Salman Shah was in the chair.
Published 15 May, 2007 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 Monday (May 14, 2007).

Published 15 May, 2007 12:00am
BRIndex30 down 34.09 points

BRIndex30 down 34.09 points

On Monday, BRIndex30 closed at 13,478.34 with a net negative change of -34.09 points or -0.25 percent. The BRIndex30 made an intra-day high of 13,522.75 and intra-day low of 13,201.15. The volume of BRIndex30 was 184,099,200, which was 74.12 percent of KS
Published 15 May, 2007 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 Monday (May 14, 2007).

Published 15 May, 2007 12:00am
BRIndex30 down 34.09 points

BRIndex30 down 34.09 points

On Monday, BRIndex30 closed at 13,478.34 with a net negative change of -34.09 points or -0.25 percent. The BRIndex30 made an intra-day high of 13,522.75 and intra-day low of 13,201.15. The volume of BRIndex30 was 184,099,200, which was 74.12 percent of KS
Published 15 May, 2007 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 Monday (May 14, 2007).

Published 15 May, 2007 12:00am
Bears tighten grip on KSE

Bears tighten grip on KSE

The share market opened on a strong negative note and the KSE-30 index hit 12,095.28 points intra-day low level, down by 280 points due to strike and political uncertainty, however, fresh institutional and foreign buying supported the index to recover the
Published 15 May, 2007 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 15 May, 2007 12:00am
Bears tighten grip on KSE

Bears tighten grip on KSE

The share market opened on a strong negative note and the KSE-30 index hit 12,095.28 points intra-day low level, down by 280 points due to strike and political uncertainty, however, fresh institutional and foreign buying supported the index to recover the
Published 15 May, 2007 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 15 May, 2007 12:00am
Bears tighten grip on KSE

Bears tighten grip on KSE

The share market opened on a strong negative note and the KSE-30 index hit 12,095.28 points intra-day low level, down by 280 points due to strike and political uncertainty, however, fresh institutional and foreign buying supported the index to recover the
Published 15 May, 2007 12:00am
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