News Archives for Print - 2007-07-30 - Business Recorder

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Print - 2007-07-30

Government in contact with opposition to improve political atmosphere: Durrani

Government in contact with opposition to improve political atmosphere: Durrani

Federal Minister for Information and Broadcasting Muhammad Ali Durrani on Sunday said the government was in contact with opposition parties for the last many years to improve political atmosphere in the country.

Published 30 Jul, 2007 12:00am

Over 61,000 mobile handsets blocked under IMEI system in six months

Over 61,000 mobile handsets blocked under IMEI system in six months

Around 61,000 mobile handsets have been blocked during first six months after launch of International Mobile Equipment Identity Number (IMEI) system to tackle menace of cell phone theft. Similarly, more than 2,689 handsets have also been unblocked while m

Published 30 Jul, 2007 12:00am

New Trade Policy could help increase country's export: Zia

New Trade Policy could help increase country's export: Zia

Executive Member Sarhad Chamber of Commerce and Industry (SCCI) and Chairman. Frontier Custom Clearing Agents, Ziaul Haq Sarhadi has expressed the hope that decisions announced in the new Trade Policy for the fiscal year 2007-08 will help in increasing ex

Published 30 Jul, 2007 12:00am

No harm in contacts to promote healthy political process: Muqam

No harm in contacts to promote healthy political process: Muqam

Federal Minister for Political Affairs, Engr Amir Muqam said on Sunday that there is no harm in political contacts for promotion of healthy politicking and continuity of democracy in the country.

Published 30 Jul, 2007 12:00am

LSE manages 2.45 percent gain

LSE manages 2.45 percent gain

Share prices underwent roller-coaster movement last week on Lahore Stock Exchange (LSE) following unrest caused by political rumours and law and order situation, but strong buying interest in select chips helped the market manage 2.45 percent gain.

Published 30 Jul, 2007 12:00am

LSE manages 2.45 percent gain

LSE manages 2.45 percent gain

Share prices underwent roller-coaster movement last week on Lahore Stock Exchange (LSE) following unrest caused by political rumours and law and order situation, but strong buying interest in select chips helped the market manage 2.45 percent gain.

Published 30 Jul, 2007 12:00am

Fiscal year 2007 economic targets missed: SBP and FBS unanimous in their figures

Fiscal year 2007 economic targets missed: SBP and FBS unanimous in their figures

The government once again suffered a setback, as the country missed its major economic targets, including food inflation, large scale manufacturing, current account deficit, trade deficit, exports, and private sector credit during the last fiscal year due

Published 30 Jul, 2007 12:00am

Fiscal year 2007 economic targets missed: SBP and FBS unanimous in their figures

Fiscal year 2007 economic targets missed: SBP and FBS unanimous in their figures

The government once again suffered a setback, as the country missed its major economic targets, including food inflation, large scale manufacturing, current account deficit, trade deficit, exports, and private sector credit during the last fiscal year due

Published 30 Jul, 2007 12:00am

Fiscal year 2007 economic targets missed: SBP and FBS unanimous in their figures

Fiscal year 2007 economic targets missed: SBP and FBS unanimous in their figures

The government once again suffered a setback, as the country missed its major economic targets, including food inflation, large scale manufacturing, current account deficit, trade deficit, exports, and private sector credit during the last fiscal year due

Published 30 Jul, 2007 12:00am

Islamabad and Kashghar bus service still in doldrums

Islamabad and Kashghar bus service still in doldrums

Pakistan and China have failed to materialise a proposed plan of establishing road link between Islamabad and Kashghar, it is learnt reliably. Sources in the Communication Ministry told Business Recorder that the two sides were planning to launch a

Published 30 Jul, 2007 12:00am

Reducing declared value of goods: FTO orders Customs to give reasons

Reducing declared value of goods: FTO orders Customs to give reasons

Federal Tax Ombudsman (FTO) former Justice Munir A Sheikh has directed the Customs authorities to give reasons to the exporters for reducing the declared value of their goods as per instructions contained in serial No 78 (1) of CGO 12/2002 issued by the F

Published 30 Jul, 2007 12:00am

Reducing declared value of goods: FTO orders Customs to give reasons

Reducing declared value of goods: FTO orders Customs to give reasons

Federal Tax Ombudsman (FTO) former Justice Munir A Sheikh has directed the Customs authorities to give reasons to the exporters for reducing the declared value of their goods as per instructions contained in serial No 78 (1) of CGO 12/2002 issued by the F

Published 30 Jul, 2007 12:00am

Reducing declared value of goods: FTO orders Customs to give reasons

Reducing declared value of goods: FTO orders Customs to give reasons

Federal Tax Ombudsman (FTO) former Justice Munir A Sheikh has directed the Customs authorities to give reasons to the exporters for reducing the declared value of their goods as per instructions contained in serial No 78 (1) of CGO 12/2002 issued by the F

Published 30 Jul, 2007 12:00am

0.19 percent increase in investment under CFS

0.19 percent increase in investment under CFS

Investment under ''''Continuous Funding System'''' (CFS) at Karachi share market increased by 0.19 percent to Rs 53.70 billion on Friday, July 27 from Rs 53.58 billion of previous Friday, July 20.

Published 30 Jul, 2007 12:00am

0.19 percent increase in investment under CFS

0.19 percent increase in investment under CFS

Investment under ''Continuous Funding System'' (CFS) at Karachi share market increased by 0.19 percent to Rs 53.70 billion on Friday, July 27 from Rs 53.58 billion of previous Friday, July 20.

Published 30 Jul, 2007 12:00am

0.19 percent increase in investment under CFS

0.19 percent increase in investment under CFS

Investment under 'Continuous Funding System' (CFS) at Karachi share market increased by 0.19 percent to Rs 53.70 billion on Friday, July 27 from Rs 53.58 billion of previous Friday, July 20.

Published 30 Jul, 2007 12:00am

0.19 percent increase in investment under CFS

0.19 percent increase in investment under CFS

Investment under 'Continuous Funding System' (CFS) at Karachi share market increased by 0.19 percent to Rs 53.70 billion on Friday, July 27 from Rs 53.58 billion of previous Friday, July 20.

Published 30 Jul, 2007 12:00am

KSE index gains 278.71 points

KSE index gains 278.71 points

The Karachi share market during last week ended on July 29 witnessed range bound activity due to uncertainty on political front and law and order situation in the country.

Published 30 Jul, 2007 12:00am

KSE index gains 278.71 points

KSE index gains 278.71 points

The Karachi share market during last week ended on July 29 witnessed range bound activity due to uncertainty on political front and law and order situation in the country.

Published 30 Jul, 2007 12:00am

KSE index gains 278.71 points

KSE index gains 278.71 points

The Karachi share market during last week ended on July 29 witnessed range bound activity due to uncertainty on political front and law and order situation in the country.

Published 30 Jul, 2007 12:00am

THE RUPEE: dollar slightly up, euro sharply down

THE RUPEE: dollar slightly up, euro sharply down

The rupee performed failed to retain its firmness against dollar in the currency market last week ended on July 28, 2007. In the interbank market, the rupee lost three paisa against dollar for buying at 60.42 and four paisa for selling at 60.44.

Published 30 Jul, 2007 12:00am

THE RUPEE: dollar slightly up, euro sharply down

THE RUPEE: dollar slightly up, euro sharply down

The rupee performed failed to retain its firmness against dollar in the currency market last week ended on July 28, 2007. In the interbank market, the rupee lost three paisa against dollar for buying at 60.42 and four paisa for selling at 60.44.

Published 30 Jul, 2007 12:00am

Ordinance promulgated

Ordinance promulgated

President General Pervez Musharraf has promulgated the Police Order (Second Amendment) Ordinance, 2007, which will come into force with immediate effect.

Published 30 Jul, 2007 12:00am

Ordinance promulgated

Ordinance promulgated

President General Pervez Musharraf has promulgated the Police Order (Second Amendment) Ordinance, 2007, which will come into force with immediate effect.

Published 30 Jul, 2007 12:00am

LEAs to penetrate suicide bombers network soon: Cheema

LEAs to penetrate suicide bombers network soon: Cheema

Interior Ministry spokesman Brigadier (Retd) Javed Iqbal Cheema has said that law enforcement agencies are working to penetrate the network of suicide bombers. Talking to NNI here on Sunday, he said at present there is yet no breakthrough made in suicide

Published 30 Jul, 2007 12:00am

Shell offshore project suffers another setback

Shell offshore project suffers another setback

Shell Pakistan offshore project for exploration in Pakistan''s deep waters suffered another setback as ''Transocean''-the rig-mounted ship-could not clear trial after maintenance. The ship was brought into deep waters in Arabian Sea early this month for t

Published 30 Jul, 2007 12:00am

Shell offshore project suffers another setback

Shell offshore project suffers another setback

Shell Pakistan offshore project for exploration in Pakistan's deep waters suffered another setback as 'Transocean'-the rig-mounted ship-could not clear trial after maintenance. The ship was brought into deep waters in Arabian Sea early this month for tria

Published 30 Jul, 2007 12:00am

Shell offshore project suffers another setback

Shell offshore project suffers another setback

Shell Pakistan offshore project for exploration in Pakistan's deep waters suffered another setback as 'Transocean'-the rig-mounted ship-could not clear trial after maintenance. The ship was brought into deep waters in Arabian Sea early this month for tria

Published 30 Jul, 2007 12:00am

Another USC expansion project recommended

Another USC expansion project recommended

The Planning and Development (P&D) Division recommended yet another project of Utility Stores Corporation (USC) expansion that costs Rs 1.778 billion to Ecnec, despite the fact that ministry of industries and USC, which are the sponsoring and executing ag

Published 30 Jul, 2007 12:00am

Another USC expansion project recommended

Another USC expansion project recommended

The Planning and Development (P&D) Division recommended yet another project of Utility Stores Corporation (USC) expansion that costs Rs 1.778 billion to Ecnec, despite the fact that ministry of industries and USC, which are the sponsoring and executing ag

Published 30 Jul, 2007 12:00am

Another USC expansion project recommended

Another USC expansion project recommended

The Planning and Development (P&D) Division recommended yet another project of Utility Stores Corporation (USC) expansion that costs Rs 1.778 billion to Ecnec, despite the fact that ministry of industries and USC, which are the sponsoring and executing ag

Published 30 Jul, 2007 12:00am

Asean urges nuclear powers to back treaty

Asean urges nuclear powers to back treaty

Southeast Asian nations on Sunday urged the world's nuclear powers to sign on to a regional treaty aimed at keeping their corner of the world free of atomic weapons.

Published 30 Jul, 2007 12:00am

Asean urges nuclear powers to back treaty

Asean urges nuclear powers to back treaty

Southeast Asian nations on Sunday urged the world's nuclear powers to sign on to a regional treaty aimed at keeping their corner of the world free of atomic weapons.

Published 30 Jul, 2007 12:00am

Six dead in Indian occupied Kashmir tourist bus blast

Six dead in Indian occupied Kashmir tourist bus blast

Six people including three young girls died and more than a dozen were wounded on Sunday in an explosion aboard a tourist bus here, police said. One of the wounded was in critical condition following the blast at the scenic Mughal-built Shalimar gardens,

Published 30 Jul, 2007 12:00am

US has evil designs against Pakistan's nuclear capability: Hameed Gul

US has evil designs against Pakistan's nuclear capability: Hameed Gul

Lieutenant General Hameed Gul (Retd) has claimed in a TV interview on a private channel that the US is an imperialist power and now has designs against Pakistan nuclear capability and also seeks to sour Pakistan-China relations.

Published 30 Jul, 2007 12:00am

'Lal Masjid' springs up in Mohmand Agency

'Lal Masjid' springs up in Mohmand Agency

Pro-Taliban militants have occupied a mosque in a tribal area and named it after the 'Lal Masjid' where more than 100 people died in clashes between militants and security forces, residents said on Sunday.

Published 30 Jul, 2007 12:00am

'Lal Masjid' springs up in Mohmand Agency

'Lal Masjid' springs up in Mohmand Agency

Pro-Taliban militants have occupied a mosque in a tribal area and named it after the 'Lal Masjid' where more than 100 people died in clashes between militants and security forces, residents said on Sunday.

Published 30 Jul, 2007 12:00am

Benazir won't share power with uniformed Musharraf

Benazir won't share power with uniformed Musharraf

Former prime minister Benazir Bhutto insisted Sunday she would not strike a power-sharing deal with President Pervez Musharraf so long as he remained the army chief.

Published 30 Jul, 2007 12:00am

Benazir won't share power with uniformed Musharraf

Benazir won't share power with uniformed Musharraf

Former prime minister Benazir Bhutto insisted Sunday she would not strike a power-sharing deal with President Pervez Musharraf so long as he remained the army chief.

Published 30 Jul, 2007 12:00am

Oldest Afghan DPs camp in NWFP closed

Oldest Afghan DPs camp in NWFP closed

One of the oldest camps in NWFP for Afghan refugees has been closed and another is set to be wound up by end-August, a spokesman for the UN refugee agency, the UNHCR, said on Sunday.

Published 30 Jul, 2007 12:00am

Oldest Afghan DPs camp in NWFP closed

Oldest Afghan DPs camp in NWFP closed

One of the oldest camps in NWFP for Afghan refugees has been closed and another is set to be wound up by end-August, a spokesman for the UN refugee agency, the UNHCR, said on Sunday.

Published 30 Jul, 2007 12:00am

Political consultation hallmark of democratic culture: Shaukat

Political consultation hallmark of democratic culture: Shaukat

Prime Minister Shaukat Aziz has said that discussions and consultations with all political forces is the hallmark of any democratic culture and Pakistan Muslim League (PML) and its allies are set to contest the next general elections from one platform and

Published 30 Jul, 2007 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (July to December 2006)

Returns on Profit and Loss Sharing Investment Bank Accounts (July to December 2006)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 30 Jul, 2007 12:00am

Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (July 23 to 28, 2007).

Published 30 Jul, 2007 12:00am

The Weather

The Weather

The weather report on Sunday (July 29, 2007) and the forecast for Monday (July 30, 2007).

Published 30 Jul, 2007 12:00am

KKI weekly market review

KKI weekly market review

Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (July 29, 2007).

Published 30 Jul, 2007 12:00am

Insurance: PLATINUM INSURANCE COMPANY LIMITED - Year Ended December 31, 2006 (Audited)

Insurance: PLATINUM INSURANCE COMPANY LIMITED - Year Ended December 31, 2006 (Audited)

Platinum Insurance Company Limited (PICL) was incorporated as a public limited company in 1981 to carry on all kinds of General Insurance business and commenced its business in 1982.

Published 30 Jul, 2007 12:00am

Insurance: PLATINUM INSURANCE COMPANY LIMITED - Year Ended December 31, 2006 (Audited)

Insurance: PLATINUM INSURANCE COMPANY LIMITED - Year Ended December 31, 2006 (Audited)

Platinum Insurance Company Limited (PICL) was incorporated as a public limited company in 1981 to carry on all kinds of General Insurance business and commenced its business in 1982.

Published 30 Jul, 2007 12:00am

Aaj TV - Monday's schedule

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 30 Jul, 2007 12:00am

HP appoints first country manager for Pakistan

HP appoints first country manager for Pakistan

HP today announced the appointment of Rizwan Alam as the first Country Manager for HP Pakistan, with immediate effect. Previously, HP managed its Pakistan operations as part of Asia Emerging Countries (AEC), a grouping that also included Afghanistan, Bang

Published 30 Jul, 2007 12:00am

Qureshi and Bopanna pair clinches Nottingham doubles title

Qureshi and Bopanna pair clinches Nottingham doubles title

Pakistan's Aisamul-Haq Qureshi and Indian Rohan Bopanna claimed their second successive doubles title after outplaying Mustafa Ghouse and Joshua Goodall in summit clash of $25,000 ATP challenger tennis event in Nottingham.

Published 30 Jul, 2007 12:00am

Qatar awarded 2011 Asian Cup hosting rights

Qatar awarded 2011 Asian Cup hosting rights

Qatar has been confirmed as the host nation for the 2011 Asian Cup, the Asian Football Confederation (AFC) announced on Sunday. The Gulf State was the only country to submit a formal bid to host the event but had to satisfy the AFC of their ability to sta

Published 30 Jul, 2007 12:00am

Sania stuns Bammer to reach Stanford final

Sania stuns Bammer to reach Stanford final

India's Sania Mirza upset eighth seed Sybille Bammer 6-2 5-7 6-3 to reach the final of the Stanford Classic on Saturday. The unseeded 20-year-old, whose only Tour title came in Hyderabad in 2005, outfought the Austrian under the hot sun in two hours and 1

Published 30 Jul, 2007 12:00am

Pakistan unhappy about Australian security warnings

Pakistan unhappy about Australian security warnings

Pakistan's hockey chiefs have asked the International Hockey Federation to look into claims that Australia has sent security warnings to teams due to compete in the Champions Trophy in Lahore.

Published 30 Jul, 2007 12:00am

Contador crowned Tour de France champion

Contador crowned Tour de France champion

Spaniard Alberto Contador won the drug-tainted Tour de France here on Sunday when he held on to his 23sec lead overnight lead on Australia's Cadel Evans to secure the race's fabled yellow jersey.

Published 30 Jul, 2007 12:00am

Volleys of gunfire as Iraqis celebrate soccer joy

Volleys of gunfire as Iraqis celebrate soccer joy

Volleys of gunfire rang out across Baghdad on Sunday as Iraqis celebrated their soccer team's Asian Cup victory, a rare moment of joy and unity in four years of relentless strife. "We achieved the dream. Allahu Akbar! (God is greatest)," a crying fan told

Published 30 Jul, 2007 12:00am

Iraq defy odds to complete Asian Cup fairytale

Iraq defy odds to complete Asian Cup fairytale

Iraq completed one of sport's great fairytales by beating Saudi Arabia 1-0 in the Asian Cup final on Sunday to provide a rare moment for celebration in their war-torn homeland. The Saudis had been bidding to become the first four-times winners of the tour

Published 30 Jul, 2007 12:00am

Four Asian Cup referees suspended

Four Asian Cup referees suspended

Four match officials have been suspended for poor performances during the Asian Cup, the Asian Football Confederation (AFC) announced on Sunday. The AFC banned one referee for a month and suspended another referee and two assistants until further assessme

Published 30 Jul, 2007 12:00am

Inzamam approached to play in Indian league

Inzamam approached to play in Indian league

Former Pakistan captain Inzamam-ul-Haq has been approached to play in the unofficial Indian cricket league to be launched this year. "I have been asked by the organisers to play in the league. I'm discussing the terms and conditions with them and if they'

Published 30 Jul, 2007 12:00am

Ronaldo pivotal to United retaining title

Ronaldo pivotal to United retaining title

Cristiano Ronaldo could have gone in one of two directions at Manchester United last season. Derided and despised by English supporters for his part in the World Cup sending off of United team-mate Wayne Rooney during Portugal's quarter-final penalty shoo

Published 30 Jul, 2007 12:00am

Bangladesh dissolves cricket board

Bangladesh dissolves cricket board

The Bangladesh Cricket Board was dissolved on Sunday and a 12-member interim committee headed by Major-General Sina Ibn Jamali has been appointed. "The board has been dissolved as most members have resigned voluntarily," the sports ministry said in a stat

Published 30 Jul, 2007 12:00am

Dancevic dominates Roddick to book final with Tursunov

Dancevic dominates Roddick to book final with Tursunov

Dancevic produced a stunning 6-4 7-6 win over top seed Andy Roddick in their semi while Tursunov came through 6-1 6-4 in his rain-delayed quarter-final against Japanese amateur Kei Nishikori before seeing off American Sam Querrey 7-6 6-2 in the semi.

Published 30 Jul, 2007 12:00am

India extend lead despite star exits

India extend lead despite star exits

Sachin Tendulkar and Sourav Ganguly both missed out on hundreds but India were still well-placed in the second Test against England at Trent Bridge here on Sunday. India, at tea on the third day, were 419 for six, a first innings lead of 221, after Tendul

Published 30 Jul, 2007 12:00am

Softbank to launch fibre internet protocol phone service: Nikkei

Softbank to launch fibre internet protocol phone service: Nikkei

Japan's Softbank Corp will launch a Internet Protocol (IP) phone service using a fibre-optic network in August, aiming to lure customers away from rival Nippon Telegraph and Telephone Corp (NTT), the Nikkei business daily reported on Sunday.

Published 30 Jul, 2007 12:00am

Russneft owners confirm sale talks with Deripaska

Russneft owners confirm sale talks with Deripaska

The owners of Russian oil firm Russneft confirmed on Sunday they were in talks to sell the company and were close to reaching a deal with billionaire Oleg Deripaska.

Published 30 Jul, 2007 12:00am

'Opec not expected to discuss output change'

'Opec not expected to discuss output change'

Iran does not expect Opec to discuss changing output levels at its next regular meeting in Vienna in September, Oil Minister Kazem Vaziri-Hamaneh was quoted as saying on Sunday.

Published 30 Jul, 2007 12:00am

ABN set to drop Barclays recommendation

ABN set to drop Barclays recommendation

Dutch bank ABN AMRO is likely to drop its formal recommendation for suitor Barclays'65.6 billion euro ($89.6 billion) take-over offer on Monday, sources familiar with the situation said on Sunday.

Published 30 Jul, 2007 12:00am

Germany warn Siemens on Libya atomic deal

Germany warn Siemens on Libya atomic deal

Germany's Environment Ministry and opposition Greens party have warned Siemens not to take part in a planned French nuclear deal with Libya, Handelsblatt reported. French President Nicolas Sarkozy signed a memorandum of understanding for a nuclear energy

Published 30 Jul, 2007 12:00am

Dominique Kahn promises reform to South Africa's Mbeki

Dominique Kahn promises reform to South Africa's Mbeki

South African President Thabo Mbeki Sunday met with aspiring IMF chief Dominique Strauss-Kahn, who promised to reform the body in favour of developing countries if elected.

Published 30 Jul, 2007 12:00am

IMF hails Thai economy 10 years after crisis

IMF hails Thai economy 10 years after crisis

A decade after the 1997 Asian financial crisis, Thailand's economy looks strong with robust fundamentals, the International Monetary Fund said Saturday. "Recent economic activity has moderated, but Thailand's macroeconomic fundamentals-a current account s

Published 30 Jul, 2007 12:00am

EU might free more land for biofuel crops

EU might free more land for biofuel crops

Biofuels, destined to partially offset a coming oil shortage and reduce greenhouse gas emissions, will require much more farm land, forcing the European Union to cultivate fields that have lain fallow. The European Union wants biofuels to account for 10 p

Published 30 Jul, 2007 12:00am

Internet leader Google prime stop for presidential hopefuls

Internet leader Google prime stop for presidential hopefuls

Internet giant Google is becoming a prime stop on the 2008 presidential campaign as candidates seek to burnish themselves with net-wise credentials while fielding questions from some of the tech industry's most influential workers.

Published 30 Jul, 2007 12:00am

China farmers' protest hits brewery

China farmers' protest hits brewery

Chinese farmers besieged a brewery to protest against pollution and being left out in the economic cold - common complaints in the restive countryside, local people said on Sunday.

Published 30 Jul, 2007 12:00am

Porsche not planning now to raise Volkswagen stake

Porsche not planning now to raise Volkswagen stake

German sports car maker Porsche is not currently considering raising its 31 percent stake in Volkswagen once a law capping voting rights is repealed, a German newspaper reported on Sunday.

Published 30 Jul, 2007 12:00am

Porsche not planning now to raise Volkswagen stake

Porsche not planning now to raise Volkswagen stake

German sports car maker Porsche is not currently considering raising its 31 percent stake in Volkswagen once a law capping voting rights is repealed, a German newspaper reported on Sunday.

Published 30 Jul, 2007 12:00am

Kuwait lets dinar fall against dollar

Kuwait lets dinar fall against dollar

Kuwait allowed the dinar to depreciate against the US dollar for the second straight working day, letting it drop 0.05 percent on Sunday and suggesting it is tracking global currency moves more closely.

Published 30 Jul, 2007 12:00am

Shanghai Auto tie-up may create Chinese car champion

Shanghai Auto tie-up may create Chinese car champion

A tie-up between Shanghai Auto, China's biggest car maker, and smaller rival Nanjing Auto could lead to the creation of a Chinese national car champion to rival the big multinationals. Shanghai Automotive Co said on Friday that parent groups of the two-st

Published 30 Jul, 2007 12:00am

Unilever's Indian arm posts 29.3 percent rise in second quarter net profit

Unilever's Indian arm posts 29.3 percent rise in second quarter net profit

Hindustan Unilever, the Indian unit of Anglo-Dutch food major Unilever, said Sunday net profit for the quarter ended June rose 29.3 percent on growth in food and beverages, beating forecasts.

Published 30 Jul, 2007 12:00am

Unilever's Indian arm posts 29.3 percent rise in second quarter net profit

Unilever's Indian arm posts 29.3 percent rise in second quarter net profit

Hindustan Unilever, the Indian unit of Anglo-Dutch food major Unilever, said Sunday net profit for the quarter ended June rose 29.3 percent on growth in food and beverages, beating forecasts.

Published 30 Jul, 2007 12:00am

South Korea big companies' sentiment near five-year high

South Korea big companies' sentiment near five-year high

The business outlook of top South Korean companies leapt to its highest in nearly 5 years, buoyed by robust exports, rising corporate investment and booming stock markets, a private survey showed on Sunday.

Published 30 Jul, 2007 12:00am

Apricot source of vitamins and calcium

Apricot source of vitamins and calcium

Dreaming of apricots, in English folklore, is said to be good luck as the fruit is richest in energetic nutrients. Apart from superstitions, Apricot is highly laxative and is beneficial in the treatment of constipation.

Published 30 Jul, 2007 12:00am

Humans to blame for global changes in rain

Humans to blame for global changes in rain

Human activities that spur global warming are largely to blame for changes in rainfall patterns over the last century, climate researchers reported on July 23. The report was released as record rains caused deadly flooding in Britain and China.

Published 30 Jul, 2007 12:00am

New material can soak up pollutants

New material can soak up pollutants

A new porous material can soak up heavy metals from liquids like a sponge, US researchers said on Thursday, offering a host of potential uses including removing pollutants such as mercury or lead from water. The material is an aerogel, a type of rigid foa

Published 30 Jul, 2007 12:00am

Ecology: new microbe that converts light to energy discovered

Ecology: new microbe that converts light to energy discovered

Yellowstone National Park has yielded a new marvel, an unusual bacterium that converts light to energy. The discovery was made in a hot spring at the park where colourful mats of microbes drift in the warmth.

Published 30 Jul, 2007 12:00am

People and animals behave better when watched

People and animals behave better when watched

When people and animals know they are being watched, they behave in more positive ways toward others, according to a study published Thursday by the US magazine Science. "When reputation is at stake, animals as well as humans switch from selfish to altrui

Published 30 Jul, 2007 12:00am

Environmental hazards kill four million children yearly

Environmental hazards kill four million children yearly

Four million children under the age of five die every year due to environmental hazards including polluted air or water, or exposure to chemicals, the World Health Organisation (WHO) said on July 27.

Published 30 Jul, 2007 12:00am

Coordinated efforts vital for disease control

Coordinated efforts vital for disease control

In Sindh province, over 3.1 million people are suffering from Hepatitis-B and Hepatitis-C and if co-ordinated efforts are not carried out on emergent basis, the number of patients can be further increased.

Published 30 Jul, 2007 12:00am

Diabetes drugs may to double risk of heart failure

Diabetes drugs may to double risk of heart failure

Two popular drugs used to treat late-onset diabetes may double the risk of heart failure, according to a new study. Researchers who analysed data on 78,000 patients who took Avandia or Actos to treat type II diabetes found that it increased the risk of he

Published 30 Jul, 2007 12:00am

Monsoon to peak in August

Monsoon to peak in August

The monsoon rains currently gripping the country will peak next month, met office said Jul 23. "We expect heavy showers during the month of August when monsoon rains will be at their peak," a met office spokesman told APP.

Published 30 Jul, 2007 12:00am

HEALTH UPDATE: fitness means less belly fat at any weight

HEALTH UPDATE: fitness means less belly fat at any weight

"Fat and fit" men are likely to have a lower risk of heart disease and diabetes because they're relatively trim around the waist, a new study shows. The higher a man's cardiorespiratory fitness, the less fat he has in his abdominal cavity, Dr Jean-Pierre

Published 30 Jul, 2007 12:00am

HEALTH UPDATE: confused older patients die sooner

HEALTH UPDATE: confused older patients die sooner

Understanding doctors' orders can be a matter of life or death for senior citizens: those who had trouble comprehending their physicians died sooner than their more savvy peers, US researchers said on July 23.

Published 30 Jul, 2007 12:00am

HEALTH UPDATE: poor diet in pregnancy can cause child obesity

HEALTH UPDATE: poor diet in pregnancy can cause child obesity

The diets of pregnant women may have an important role in determining whether their children will be obese later in life, a new study suggests. The study by New Zealand and British scientists indicates that children born to mothers who ate badly during pr

Published 30 Jul, 2007 12:00am

HEALTH UPDATE: caffeine interferes with diabetes control

HEALTH UPDATE: caffeine interferes with diabetes control

Caffeine could interfere with the body's ability to handle blood sugar. At least 90 percent of the 17 million Americans diagnosed with diabetes have type 2, in which the body either does not produce enough insulin or cells ignore the insulin, which the bo

Published 30 Jul, 2007 12:00am

HEALTH UPDATE: regular and diet soda develop same heart risks

HEALTH UPDATE: regular and diet soda develop same heart risks

People who drank one or more diet sodas each day developed the same risks for heart disease as those who downed sugary regular soda, a large but inconclusive study found.

Published 30 Jul, 2007 12:00am

HEALTH UPDATE: hepatitis C strongly linked to type 2 diabetes

HEALTH UPDATE: hepatitis C strongly linked to type 2 diabetes

People infected with hepatitis C virus have an increased risk of developing type 2, or "adult-onset" diabetes, a population-based study confirms. This risk is particularly high in younger people who are overweight, researchers from Taiwan have found.

Published 30 Jul, 2007 12:00am

Malaysia delays wireless broadband rollout to 2008

Malaysia delays wireless broadband rollout to 2008

Malaysia expects to roll out WiMAX, a high-speed wireless telecoms service, by the middle of next year, delaying from an earlier target of end-2007, Communications Minister Lim Keng Yaik said on July 27.

Published 30 Jul, 2007 12:00am

Young see technology as organic part of life

Young see technology as organic part of life

While young people embrace the Web with real or virtual friends and their mobile phone is never far away, relatively few like technology and those that do tend to be in Brazil, India and China, according to a survey.

Published 30 Jul, 2007 12:00am

Spain busts Internet pirating network

Spain busts Internet pirating network

Spanish police said on July 22 that they had arrested 16 people in connection with a probe of an international pirating network accused of dealing in software, games, films and music.

Published 30 Jul, 2007 12:00am

Phone masts pose no short-term risks

Phone masts pose no short-term risks

Mobile phone masts, which have been blamed for illnesses ranging from headaches to cancer, do not cause short-term health effects, according to a British study published on July 25.

Published 30 Jul, 2007 12:00am

Digital TV booking scheme for general practitioners

Digital TV booking scheme for general practitioners

Thousands of patients in Britain will be able to book general practitioner (GP) appointments via their television, after the national rollout of a pilot scheme.

Published 30 Jul, 2007 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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