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Print - 2007-07-01
Soomro sympathises with flood victims

Soomro sympathises with flood victims

Chairman Senate Mohammadmian Soomro and Acting Chairman Jan Muhammad Khan Jamali on Saturday expressed deep grief over the loss of life and damage to property caused by heavy rains and devastating floods in Sindh and Balochistan provinces. They expressed
Published 01 Jul, 2007 12:00am
Blazing jeep driven into British airport terminal

Blazing jeep driven into British airport terminal

A blazing Cherokee jeep smashed into the main terminal building at Scotland's Glasgow Airport on Saturday, police said, a day after two car bombings were foiled in central London. Police said two people were arrested in Saturday's incident at about 3:15 p
Published 01 Jul, 2007 12:00am
Blazing jeep driven into British airport terminal

Blazing jeep driven into British airport terminal

A blazing Cherokee jeep smashed into the main terminal building at Scotland's Glasgow Airport on Saturday, police said, a day after two car bombings were foiled in central London. Police said two people were arrested in Saturday's incident at about 3:15 p
Published 01 Jul, 2007 12:00am
44 bodies recovered, 250 missing in flood-hit areas

44 bodies recovered, 250 missing in flood-hit areas

A total of 44 bodies were recovered from different areas in flood-hit areas in Balochistan province on Saturday, BBC reported. Reports said that around 250 people are still missing.
Published 01 Jul, 2007 12:00am
44 bodies recovered, 250 missing in flood-hit areas

44 bodies recovered, 250 missing in flood-hit areas

A total of 44 bodies were recovered from different areas in flood-hit areas in Balochistan province on Saturday, BBC reported. Reports said that around 250 people are still missing.
Published 01 Jul, 2007 12:00am
SBP announces remuneration rate

SBP announces remuneration rate

State Bank of Pakistan (SBP) has announced that the rate of remuneration on 20 percent Special Cash Reserve Account (US dollars) maintained by banks/NBFI''s (non-bank financial institutions) with the SBP for July will be 4.32 percent per year.
Published 01 Jul, 2007 12:00am
SBP announces remuneration rate

SBP announces remuneration rate

State Bank of Pakistan (SBP) has announced that the rate of remuneration on 20 percent Special Cash Reserve Account (US dollars) maintained by banks/NBFI's (non-bank financial institutions) with the SBP for July will be 4.32 percent per year.
Published 01 Jul, 2007 12:00am
SBP announces remuneration rate

SBP announces remuneration rate

State Bank of Pakistan (SBP) has announced that the rate of remuneration on 20 percent Special Cash Reserve Account (US dollars) maintained by banks/NBFI's (non-bank financial institutions) with the SBP for July will be 4.32 percent per year.
Published 01 Jul, 2007 12:00am
9,700 megawatts more through renewable energy by 2030: AEDB

9,700 megawatts more through renewable energy by 2030: AEDB

National grid would receive additional electricity of 9,700 megawatt (MW) through renewable energy by the year 2030, officials in Alternative Energy Development Board (AEDB) told Business Recorder on telephone from Islamabad.
Published 01 Jul, 2007 12:00am
9,700 megawatts more through renewable energy by 2030: AEDB

9,700 megawatts more through renewable energy by 2030: AEDB

National grid would receive additional electricity of 9,700 megawatt (MW) through renewable energy by the year 2030, officials in Alternative Energy Development Board (AEDB) told Business Recorder on telephone from Islamabad.
Published 01 Jul, 2007 12:00am
9,700 megawatts more through renewable energy by 2030: AEDB

9,700 megawatts more through renewable energy by 2030: AEDB

National grid would receive additional electricity of 9,700 megawatt (MW) through renewable energy by the year 2030, officials in Alternative Energy Development Board (AEDB) told Business Recorder on telephone from Islamabad.
Published 01 Jul, 2007 12:00am
India sends home 43 Pakistani nationals

India sends home 43 Pakistani nationals

India Saturday sent home 43 Pakistani nationals who were lodged in Indian prisons for many years on charges of overstaying or straying across the border, an immigration official said. The group of 43 nationals were handed over to Pakistani officials at th
Published 01 Jul, 2007 12:00am
UVAS and LDDB sign MoU to develop livestock sector

UVAS and LDDB sign MoU to develop livestock sector

The University of Veterinary and Animal Sciences (UVAS), Lahore, and the Livestock and Dairy Development Board (LDDB) have signed a memorandum of understanding (MoU) for collaboration to develop livestock sector in the country.
Published 01 Jul, 2007 12:00am
Autonomous provinces vital for strong federation: Mushahid

Autonomous provinces vital for strong federation: Mushahid

Pakistan Muslim League Secretary General Mushahid Hussain has said that strong and autonomous provinces are necessary for a strong Pakistan. In an interview with a private TV channel, he said that credit goes to the present government to take up the issue
Published 01 Jul, 2007 12:00am
Government strengthening provinces for strong Pakistan: Durrani

Government strengthening provinces for strong Pakistan: Durrani

Minister for Information and Broadcasting Muhammad Ali Durrani said on Saturday that strong federating units would form a strong federation, and the government was taking all possible steps to strengthen the federating units to form a strong Pakistan.
Published 01 Jul, 2007 12:00am
Government not scared of opposition APC: Shujaat

Government not scared of opposition APC: Shujaat

President Pakistan Muslim League, Chaudhary Shujaat Hussain has said that the ruling party was least scared of the proposed All Parties Conference, which more probably prove to be a failure. He said all the decisions on the next election would be made in
Published 01 Jul, 2007 12:00am
Navy continues rescue operations

Navy continues rescue operations

The Pak Navy is continuing its search and rescue operations alongside the coastal belt of Balochistan. An ISPR (Navy) statement here on Saturday said the relief activities have also been started in Gwadar and the surrounding areas.
Published 01 Jul, 2007 12:00am
Guantanamo judge rejects charges for Canadian

Guantanamo judge rejects charges for Canadian

A US military judge for the Guantanamo war crimes tribunals has refused to reinstate the charges against a Canadian prisoner accused of killing a US soldier in Afghanistan.
Published 01 Jul, 2007 12:00am
Kuwait names acting oil minister

Kuwait names acting oil minister

Kuwait's Electricity and Water Minister Mohammad al-Olaim was named acting oil minister of the Opec producer on Saturday after the resignation of Sheikh Ali al-Jarrah al-Sabah, the parliament speaker said.
Published 01 Jul, 2007 12:00am
North Korea reactor closure date needs six-way talks: IAEA

North Korea reactor closure date needs six-way talks: IAEA

The date when North Korea shuts its nuclear reactor now rests on discussions between it and five other countries that signed a disarmament deal, a UN nuclear watchdog official said on Saturday after talks in Pyongyang.
Published 01 Jul, 2007 12:00am
India to get Iranian gas by 2011

India to get Iranian gas by 2011

Fuel-hungry India will receive gas from energy-rich Iran via a multi-billion-dollar pipeline through Pakistan in four years, said an Iranian oil official in New Delhi. "The gas supply will start in 2011," said Ghanimi Fard, the Iranian Oil Ministry''s spe
Published 01 Jul, 2007 12:00am
India to get Iranian gas by 2011

India to get Iranian gas by 2011

Fuel-hungry India will receive gas from energy-rich Iran via a multi-billion-dollar pipeline through Pakistan in four years, said an Iranian oil official in New Delhi. "The gas supply will start in 2011," said Ghanimi Fard, the Iranian Oil Ministry's spec
Published 01 Jul, 2007 12:00am
India to get Iranian gas by 2011

India to get Iranian gas by 2011

Fuel-hungry India will receive gas from energy-rich Iran via a multi-billion-dollar pipeline through Pakistan in four years, said an Iranian oil official in New Delhi. "The gas supply will start in 2011," said Ghanimi Fard, the Iranian Oil Ministry's spec
Published 01 Jul, 2007 12:00am
Taliban will soon spread across all of Pakistan: NYT

Taliban will soon spread across all of Pakistan: NYT

The United States has warned President Pervez Musharraf that without "swift and decisive action" Taliban will soon spread across all of Pakistan, The New York Times reported Saturday.
Published 01 Jul, 2007 12:00am
Taliban will soon spread across all of Pakistan: NYT

Taliban will soon spread across all of Pakistan: NYT

The United States has warned President Pervez Musharraf that without "swift and decisive action" Taliban will soon spread across all of Pakistan, The New York Times reported Saturday.
Published 01 Jul, 2007 12:00am
World market braces for cotton crisis: traders

World market braces for cotton crisis: traders

A serious cotton crisis is looming large in the world market as its prices have increased by 13 percent during the last one week in the wake of expected shortfall of the United States (US) cotton crop during current year, traders said on Saturday.
Published 01 Jul, 2007 12:00am
World market braces for cotton crisis: traders

World market braces for cotton crisis: traders

A serious cotton crisis is looming large in the world market as its prices have increased by 13 percent during the last one week in the wake of expected shortfall of the United States (US) cotton crop during current year, traders said on Saturday.
Published 01 Jul, 2007 12:00am
World market braces for cotton crisis: traders

World market braces for cotton crisis: traders

A serious cotton crisis is looming large in the world market as its prices have increased by 13 percent during the last one week in the wake of expected shortfall of the United States (US) cotton crop during current year, traders said on Saturday.
Published 01 Jul, 2007 12:00am
PC under fire for easing Fesco pre-qualification criterion

PC under fire for easing Fesco pre-qualification criterion

The Privatisation Commission (PC) is under fire for relaxing the pre-qualification criterion, specifically for the bidders of Faisalabad Electric Supply Company (Fesco), as its privatisation is being reactivated, official sources told Business Recorder
Published 01 Jul, 2007 12:00am
PC under fire for easing Fesco pre-qualification criterion

PC under fire for easing Fesco pre-qualification criterion

The Privatisation Commission (PC) is under fire for relaxing the pre-qualification criterion, specifically for the bidders of Faisalabad Electric Supply Company (Fesco), as its privatisation is being reactivated, official sources told Business Recorder
Published 01 Jul, 2007 12:00am
PC under fire for easing Fesco pre-qualification criterion

PC under fire for easing Fesco pre-qualification criterion

The Privatisation Commission (PC) is under fire for relaxing the pre-qualification criterion, specifically for the bidders of Faisalabad Electric Supply Company (Fesco), as its privatisation is being reactivated, official sources told Business Recorder
Published 01 Jul, 2007 12:00am
SBP targets 10 million microfinance borrowers by 2013

SBP targets 10 million microfinance borrowers by 2013

The State bank of Pakistan is targeting 10 million borrowers of micro finance by 2013. This was stated by SBP Director on Microfinance and SMEs Qasim Nawaz while talking to Aaj Markets. He said that by 2010, three million borrowers would be reached
Published 01 Jul, 2007 12:00am
SBP targets 10 million microfinance borrowers by 2013

SBP targets 10 million microfinance borrowers by 2013

The State bank of Pakistan is targeting 10 million borrowers of micro finance by 2013. This was stated by SBP Director on Microfinance and SMEs Qasim Nawaz while talking to Aaj Markets. He said that by 2010, three million borrowers would be reached
Published 01 Jul, 2007 12:00am
SBP targets 10 million microfinance borrowers by 2013

SBP targets 10 million microfinance borrowers by 2013

The State bank of Pakistan is targeting 10 million borrowers of micro finance by 2013. This was stated by SBP Director on Microfinance and SMEs Qasim Nawaz while talking to Aaj Markets. He said that by 2010, three million borrowers would be reached
Published 01 Jul, 2007 12:00am
Easy dollar inflows enable rupee to resist sharp fall

Easy dollar inflows enable rupee to resist sharp fall

The rupee resisted sharp fall against dollar throughout last fiscal year 2006-07, currency analysts said. During the whole fiscal year, in the interbank market, the rupee shed 13 paisa against dollar for buying and selling at 60.20 and 60.22, they said.
Published 01 Jul, 2007 12:00am
Easy dollar inflows enable rupee to resist sharp fall

Easy dollar inflows enable rupee to resist sharp fall

The rupee resisted sharp fall against dollar throughout last fiscal year 2006-07, currency analysts said. During the whole fiscal year, in the interbank market, the rupee shed 13 paisa against dollar for buying and selling at 60.20 and 60.22, they said.
Published 01 Jul, 2007 12:00am
Easy dollar inflows enable rupee to resist sharp fall

Easy dollar inflows enable rupee to resist sharp fall

The rupee resisted sharp fall against dollar throughout last fiscal year 2006-07, currency analysts said. During the whole fiscal year, in the interbank market, the rupee shed 13 paisa against dollar for buying and selling at 60.20 and 60.22, they said.
Published 01 Jul, 2007 12:00am
15,000 deaths if shifting of people wasn't advanced: Shaukat

15,000 deaths if shifting of people wasn't advanced: Shaukat

Prime Minister Shaukat Aziz on Saturday asked the government functionaries to adopt a pro-active approach to get prepared in advance for any natural calamity. He was chairing a high-level meeting to review the loss caused by the recent cyclone and the rel
Published 01 Jul, 2007 12:00am
15,000 deaths if shifting of people wasn't advanced: Shaukat

15,000 deaths if shifting of people wasn't advanced: Shaukat

Prime Minister Shaukat Aziz on Saturday asked the government functionaries to adopt a pro-active approach to get prepared in advance for any natural calamity. He was chairing a high-level meeting to review the loss caused by the recent cyclone and the rel
Published 01 Jul, 2007 12:00am
Destruction caused by cyclone: Pakistan needs no foreign aid: DG ISPR

Destruction caused by cyclone: Pakistan needs no foreign aid: DG ISPR

Pakistan needs no foreign assistance to meet the challenges of the disastrous cyclone and flood in the coastal areas of Balochistan and NWFP, said Major General Waheed Arshad, Director General of Inter-Services Public Relations (ISPR) here on Saturday.
Published 01 Jul, 2007 12:00am
Destruction caused by cyclone: Pakistan needs no foreign aid: DG ISPR

Destruction caused by cyclone: Pakistan needs no foreign aid: DG ISPR

Pakistan needs no foreign assistance to meet the challenges of the disastrous cyclone and flood in the coastal areas of Balochistan and NWFP, said Major General Waheed Arshad, Director General of Inter-Services Public Relations (ISPR) here on Saturday.
Published 01 Jul, 2007 12:00am
Foreign air strikes kill 65 Afghan civilians: mayor

Foreign air strikes kill 65 Afghan civilians: mayor

Anti-Taliban air strikes by US- and Nato-led forces in Afghanistan killed 65 villagers including children, a local official said Saturday, amid growing anger here over civilian deaths.
Published 01 Jul, 2007 12:00am
Venezuela's Chavez arrives in Iran on anti-US tour

Venezuela's Chavez arrives in Iran on anti-US tour

Venezuelan leader Hugo Chavez arrived in Tehran late Saturday for the third time during the presidency of Mahmoud Ahmadinejad, a fellow fiery critic of the US, Iranian television reported. Chavez was met at the airport by Iranian Industries Minister Ali-R
Published 01 Jul, 2007 12:00am
Rosneft debt plan sets 2010 EBITDA goal of $15 billion

Rosneft debt plan sets 2010 EBITDA goal of $15 billion

Russian state-controlled oil company Rosneft plans to slash its debt to $15 billion by 2010, its president said on Saturday, effectively setting a target of doubling operating profit in four years.
Published 01 Jul, 2007 12:00am
Heavy rains likely to lash Sindh and Punjab: 'next four days critical'

Heavy rains likely to lash Sindh and Punjab: 'next four days critical'

Flood Forecasting Bureau (FFB) has warned that the next four days are critical. Heavy rains in Punjab and Sindh can cause urban flooding in major cities, flash flood in canals, collapse of mud houses, washing away of kucha roads, flood in low lying areas,
Published 01 Jul, 2007 12:00am
Heavy rains likely to lash Sindh and Punjab: 'next four days critical'

Heavy rains likely to lash Sindh and Punjab: 'next four days critical'

Flood Forecasting Bureau (FFB) has warned that the next four days are critical. Heavy rains in Punjab and Sindh can cause urban flooding in major cities, flash flood in canals, collapse of mud houses, washing away of kucha roads, flood in low lying areas,
Published 01 Jul, 2007 12:00am
Electricity crisis: Prime Minister asks KESC to come up with plan

Electricity crisis: Prime Minister asks KESC to come up with plan

Prime Minister Shaukat Aziz on Saturday has sought a report in one-week about KESC''s plans to meet the energy demands of Karachi. Shaukat Aziz, in a meeting here at the Governor, directed the Water and Power Minister Liaqat Ali Jatoi to review the manage
Published 01 Jul, 2007 12:00am
Electricity crisis: Prime Minister asks KESC to come up with plan

Electricity crisis: Prime Minister asks KESC to come up with plan

Prime Minister Shaukat Aziz on Saturday has sought a report in one-week about KESC's plans to meet the energy demands of Karachi. Shaukat Aziz, in a meeting here at the Governor, directed the Water and Power Minister Liaqat Ali Jatoi to review the managem
Published 01 Jul, 2007 12:00am
Electricity crisis: Prime Minister asks KESC to come up with plan

Electricity crisis: Prime Minister asks KESC to come up with plan

Prime Minister Shaukat Aziz on Saturday has sought a report in one-week about KESC's plans to meet the energy demands of Karachi. Shaukat Aziz, in a meeting here at the Governor, directed the Water and Power Minister Liaqat Ali Jatoi to review the managem
Published 01 Jul, 2007 12:00am
Rs 835 billion revenue collection target achieved

Rs 835 billion revenue collection target achieved

The Central Board of Revenue (CBR) has achieved the revenue collection target of Rs 835 billion for fiscal 2006-2007. It is learnt on Saturday that the target of direct taxes has been achieved.
Published 01 Jul, 2007 12:00am
Rs 835 billion revenue collection target achieved

Rs 835 billion revenue collection target achieved

The Central Board of Revenue (CBR) has achieved the revenue collection target of Rs 835 billion for fiscal 2006-2007. It is learnt on Saturday that the target of direct taxes has been achieved.
Published 01 Jul, 2007 12:00am
Rs 835 billion revenue collection target achieved

Rs 835 billion revenue collection target achieved

The Central Board of Revenue (CBR) has achieved the revenue collection target of Rs 835 billion for fiscal 2006-2007. It is learnt on Saturday that the target of direct taxes has been achieved.
Published 01 Jul, 2007 12:00am
The Weather

The Weather

The weather report on Saturday (June 30, 2007) and the forecast for Sunday (July 01, 2007).
Published 01 Jul, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (June 30, 2007).

Published 01 Jul, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (June 30, 2007) and for Sunday (July 01, 2007).
Published 01 Jul, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (June 30, 2007).

Published 01 Jul, 2007 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 (June 30, 2007).

Published 01 Jul, 2007 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (June 30, 2007).

Published 01 Jul, 2007 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 (June 30, 2007).

Published 01 Jul, 2007 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 30, 2007).

Published 01 Jul, 2007 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 30, 2007).

Published 01 Jul, 2007 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 30, 2007).

Published 01 Jul, 2007 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 30, 2007).

Published 01 Jul, 2007 12:00am
THE RUPEE: dollar sheds 10 paisa at fiscal year end

THE RUPEE: dollar sheds 10 paisa at fiscal year end

The rupee ended the last day of the out-going fiscal year (2006-07) with a sharp gain of 10 paisa against dollar in the interbank market for buying and selling at Rs 60.36 and Rs 60.38, currency analysts said. The wonderful performance was seen in both th
Published 01 Jul, 2007 12:00am
THE RUPEE: dollar sheds 10 paisa at fiscal year end

THE RUPEE: dollar sheds 10 paisa at fiscal year end

The rupee ended the last day of the out-going fiscal year (2006-07) with a sharp gain of 10 paisa against dollar in the interbank market for buying and selling at Rs 60.36 and Rs 60.38, currency analysts said. The wonderful performance was seen in both th
Published 01 Jul, 2007 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended on Saturday (June 30, 2007).

Published 01 Jul, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday July 02, 2007

Published 01 Jul, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday July 02, 2007

Published 01 Jul, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday July 02, 2007

Published 01 Jul, 2007 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (June 30, 2007).

Published 01 Jul, 2007 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 30, 2007).

Published 01 Jul, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (June 30, 2007).

Published 01 Jul, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (June 30, 2007).

Published 01 Jul, 2007 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended on Saturday (June 30, 2007).

Published 01 Jul, 2007 12:00am
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