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May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-09-20
SPELT conference to begins from November 2

SPELT conference to begins from November 2

The 23rd Conference of the Society of Pakistan English Language Teachers (SPELT) will commence from November two. This was stated by the Conference Coordinator, Ms Huma M. Thaver, while talking to APP here on Wednesday.
Published 20 Sep, 2007 12:00am
Minister urges opposition to show political acumen

Minister urges opposition to show political acumen

General Secretary Pakistan Muslim league (PML-Q) Sindh and Provincial Irrigation Minister, Sardar Nadir Akmal Leghari has welcomed the President's decision to doff uniform after his re-election as President and said the decision was reflective of his 'dem
Published 20 Sep, 2007 12:00am
Mushahid welcomes British tourists

Mushahid welcomes British tourists

Secretary General Pakistan Muslim League Senator Mushahid Hussain Sayed welcoming a British tourist delegation said Pakistan is one of the best countries for natural and religious tourism.
Published 20 Sep, 2007 12:00am
Movement of wheat and Atta from Mirpur to Punjab banned

Movement of wheat and Atta from Mirpur to Punjab banned

District Magistrate Mirpur has imposed restriction, with immediate elect, on the transportation of Wheat and Atta from Mirpur district to adjoining Punjab province here on Wednesday. Official sources told APP here Wednesday that District Magistrate Mirpur
Published 20 Sep, 2007 12:00am
Traffic mess a growing problem in twin cities

Traffic mess a growing problem in twin cities

The traffic problems are growing in the twin cities of Rawalpindi and Islamabad due to violation of traffic rules. The public transport wagons stop at unauthorised stops on the busy roads without giving any indicator which has led to many accidents.
Published 20 Sep, 2007 12:00am
65 doctors in AJK promoted

65 doctors in AJK promoted

At least 65 senior doctors of different cadres working in the public-sector hospitals in various parts of Azad Jammu Kashmir have been promoted following their outstanding performance and seniority.
Published 20 Sep, 2007 12:00am
Minfal not responsible for wheat crisis: minister

Minfal not responsible for wheat crisis: minister

Federal Minister for Food and Agriculture and Livestock Sikandar Hayat Bosan has said that Minfal was not responsible for the current wheat crisis and figures of bumper crop were also correct
Published 20 Sep, 2007 12:00am
'All notified Katchi Abadis to be leased'

'All notified Katchi Abadis to be leased'

Sindh Local Government Minister Muhammad Hussain has said that grant of lease to Katchi Abadies of Clifton was not a favour to their inhabitants, their basic rights were denied by previous successive governments.
Published 20 Sep, 2007 12:00am
Rs 700 million reserved for construction of two new labour complexes

Rs 700 million reserved for construction of two new labour complexes

Punjab government has set aside more than Rs 700 million for the construction of two new labour complexes in Sialkot. Official sources told Business Recorder here on Wednesday that the proposed labour complexes would be established at Sialkot-Wazir
Published 20 Sep, 2007 12:00am
Schools, food centres to be set up from Zakat funds: Ijaz

Schools, food centres to be set up from Zakat funds: Ijaz

Ministry of Religious Affairs, Zakat and Ushr has decided to establish schools and food centres from Zakat funds to provide free education and food to the poor people in the country. Religious Affairs Minister Ijazul Haq told mediapersons here after dispa
Published 20 Sep, 2007 12:00am
Adoption of PAEC pay scales approved for Parc employees

Adoption of PAEC pay scales approved for Parc employees

Prime Minister Shaukat Aziz has approved the adoption of pay scales and allowances of Pakistan Atomic Energy Commission (PAEC) for the employees of Pakistan Agricultural Research Council (PARC). The new pay scales would be implemented from January 1, 2007
Published 20 Sep, 2007 12:00am
Railways extends date for availing reduced fares

Railways extends date for availing reduced fares

Pakistan Railways, to facilitate passengers, have announced extension in the date for availing reduced fares of AC parlour cars and standard AC facility on the following trains.
Published 20 Sep, 2007 12:00am
Four killed, 11 hurt as bus hits van

Four killed, 11 hurt as bus hits van

Four people were killed, while 11 others sustained injuries when a college bus hit a Suzuki van at charring cross, here on Wednesday. Police and Rescue 1122 teams rushed to the spot and shifted the victims to the hospital for medical treatment.
Published 20 Sep, 2007 12:00am
16 policemen ousted from ITP over poor performance

16 policemen ousted from ITP over poor performance

Sixteen policemen of Islamabad Traffic Police (ITP) have been sent back to Islamabad Capital Territory (ICT) Police due to un-satisfactory performance and complaints of misbehaviour, it was officially learnt here on Wednesday.
Published 20 Sep, 2007 12:00am
Committee formed for SCBA elections

Committee formed for SCBA elections

Secretary Supreme Court Bar Association (SCBA) Zulfiqar Ali Bokhari has constituted a four member Election Committee to hold SCBA elections 2007 on October 27. A SCBA notification issued here on Wednesday said that Hafiz S A Rehman Advocate Supreme Court
Published 20 Sep, 2007 12:00am
HEC team leaving for Beijing on September 24

HEC team leaving for Beijing on September 24

A four-member delegation of Higher Education Commission (HEC) is leaving for Beijing on September 24, to attend the first meeting of the joint working group constituted to frame modalities for setting up Pak-China University (PCU) of Engineering, Science
Published 20 Sep, 2007 12:00am
Loadshedding irks Khairpur traders

Loadshedding irks Khairpur traders

Unscheduled load shedding of electricity is affecting industrial productivity as well as export orders commitment. Anjuman-e-Tajran Khairpur President Hussain Bux Abassi said while talking to newsmen here on Wednesday, said the process of manufacturing of
Published 20 Sep, 2007 12:00am
Development centres to help prepare skilful workforce

Development centres to help prepare skilful workforce

Chairman Task Force for Commerce and Industry Mian Muhammad Riaz on Wednesday said that the establishment of cluster development centres in different cities of the province would help prepare workforce of skilful persons.
Published 20 Sep, 2007 12:00am
New e-filing system irks taxpayers

New e-filing system irks taxpayers

The new e-filing system through web-portal is not responding to the taxpayers who want to file the returns electronically and they were facing serious problems in enrolment and filing of sales tax and federal excise returns.
Published 20 Sep, 2007 12:00am
'New export financing scheme against exporters interests'

'New export financing scheme against exporters interests'

Local business community rejects the new export financing scheme, which is against the interests of the exporters and it only provides shelter to the financial institutions. These observations were made during a meeting of joint trade bodies' forum Sialko
Published 20 Sep, 2007 12:00am
KCCI assured of steps to boost exports to Italy

KCCI assured of steps to boost exports to Italy

Pakistan Ambassador-designates to Italy Tasnim Aslam has assured the business community that she will do whatever in her capacity to boost Pakistan exports to Italy. Addressing members of Karachi Chamber of Commerce and Industry (KCCI) on Wednesday, she s
Published 20 Sep, 2007 12:00am
Hearing of three NAB references adjourned

Hearing of three NAB references adjourned

The hearing of three NAB references against Irshad Ahmed Shaikh, Abdul Hakeem Makhdoom, Pir Bux Solangi and Abdul Sattar Mandokhel was adjourned till October 22, 2007 by Accountability Court No I at the request of junior defence counsel.
Published 20 Sep, 2007 12:00am
Etisalat job-cut plan opposed

Etisalat job-cut plan opposed

Workers at Pakistan Telecommunication Co Ltd (PTCL) will resist plans by Emirates Telecommunications Corp (Etisalat) to cut jobs at its Pakistani affiliate, a union leader said on Wednesday. United Arab Emirates based Etisalat said on Tuesday it was plann
Published 20 Sep, 2007 12:00am
Beggars invade Karachi

Beggars invade Karachi

Beggars from upcountry have 'invaded' Karachi city for the month of Ramazan and the coming Eidul Fitr, reports UPP correspondent. Though the City District Government and the various Town Administrations including specialist the Gulshan Iqbal town administ
Published 20 Sep, 2007 12:00am
PTCL employees' salaries increased by 15 percent

PTCL employees' salaries increased by 15 percent

PTCL has announced 15 percent increment in salaries for all regular PTCL employees effective from the next month. In this regard a press release was issued by the company here on Wednesday said that the decision had been taken on the basis of a proposal m
Published 20 Sep, 2007 12:00am
Ibad assures cooperation to petroleum dealers

Ibad assures cooperation to petroleum dealers

Sindh Governor Dr Ishrat-ul-Ibad has assured of all possible co-operation to get relief for Petroleum Dealers Association without over-burdening the people. He issued necessary instructions to concerned authorities for taking action against illegal sale o
Published 20 Sep, 2007 12:00am
Zero-percent sales tax on pigment thickener import

Zero-percent sales tax on pigment thickener import

The Federal Board of Revenue (FBR) will levy zero-percent sales tax on the import and supply of pigment thickener (Pakistan Customs Tariff heading 3906.9030). The board has amended SRO 509(I)/2007 through a notification issued on Wednesday.
Published 20 Sep, 2007 12:00am
Quite a few changes seen on grain market

Quite a few changes seen on grain market

Thin business was seen on the grain market on Wednesday as leading buyers were on the sidelines due to upward trend in the prices, dealers said. On the cereal side, wheat old and new was lower by Rs 50 to Rs 1450-1465, they said. Other items did not show
Published 20 Sep, 2007 12:00am
Kenyan tea prices mixed, demand falls

Kenyan tea prices mixed, demand falls

Kenyan tea prices were mixed at this week's auction with demand declining as the Muslim holy month of Ramadan began, brokers and traders said on Wednesday. "This was the first sale into the month of Ramadan so buyers from the Muslim world took it easy," o
Published 20 Sep, 2007 12:00am
Oil sector leads KSE rally

Oil sector leads KSE rally

Buying spree continued at the Karachi share market mainly in oil sector stocks due to increasing oil prices in the international market and the KSE-100 index, after breaching 13,000 points' level, finally settled at 13,127.58 points' level, with a net gai
Published 20 Sep, 2007 12:00am
Ukraine seen extending grain export curbs

Ukraine seen extending grain export curbs

Ukrainian ministers and traders are likely to propose that the government prolong grain export quotas to January 1, 2008 and expand authorised volumes to 1.0-1.2 million tonnes, a senior official said on Wednesday.
Published 20 Sep, 2007 12:00am
Oil sector leads KSE rally

Oil sector leads KSE rally

Buying spree continued at the Karachi share market mainly in oil sector stocks due to increasing oil prices in the international market and the KSE-100 index, after breaching 13,000 points' level, finally settled at 13,127.58 points' level, with a net gai
Published 20 Sep, 2007 12:00am
Activity Karachi and Qasim ports

Activity Karachi and Qasim ports

The Karachi Port handled 103,081 tonnes cargo including 84,174 tonnes import, 18,907 tonnes export cargo and 3,655 containers (TEUs) during last 24 hours ending at 0700 hours on Wednesday.
Published 20 Sep, 2007 12:00am
Oil sector leads KSE rally

Oil sector leads KSE rally

Buying spree continued at the Karachi share market mainly in oil sector stocks due to increasing oil prices in the international market and the KSE-100 index, after breaching 13,000 points'' level, finally settled at 13,127.58 points'' level, with a net g
Published 20 Sep, 2007 12:00am
Three Chinese companies refuse to ink new contracts

Three Chinese companies refuse to ink new contracts

Pakistan has suffered a serious setback as three major Chinese oil and gas service companies have refused to sign new contracts with multinational, national and private sector oil and gas sector companies for conducting seismic survey and supply of rigs f
Published 20 Sep, 2007 12:00am
Karachi interbank rates

Karachi interbank rates

Karachi interbank rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Three Chinese companies refuse to ink new contracts

Three Chinese companies refuse to ink new contracts

Pakistan has suffered a serious setback as three major Chinese oil and gas service companies have refused to sign new contracts with multinational, national and private sector oil and gas sector companies for conducting seismic survey and supply of rigs f
Published 20 Sep, 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 20 Sep, 2007 12:00am
Three Chinese companies refuse to ink new contracts

Three Chinese companies refuse to ink new contracts

Pakistan has suffered a serious setback as three major Chinese oil and gas service companies have refused to sign new contracts with multinational, national and private sector oil and gas sector companies for conducting seismic survey and supply of rigs f
Published 20 Sep, 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 20 Sep, 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 Wednesday (September 19, 2007).

Published 20 Sep, 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 Wednesday (September 19, 2007).

Published 20 Sep, 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 Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
BRIndex30 gains 97 points

BRIndex30 gains 97 points

On Wednesday, the BRIndex30 opened in the green zone, at 14,136.28, and remained there for whole of the trading time, It closed at 14,233.28, registering net positive change of 97 points and percentage change of 0.69. It experienced the intra-day high of
Published 20 Sep, 2007 12:00am
BRIndex30 gains 97 points

BRIndex30 gains 97 points

On Wednesday, the BRIndex30 opened in the green zone, at 14,136.28, and remained there for whole of the trading time, It closed at 14,233.28, registering net positive change of 97 points and percentage change of 0.69. It experienced the intra-day high of
Published 20 Sep, 2007 12:00am
Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (September 19, 2007).

Published 20 Sep, 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 Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
45 projects worth Rs 154 billion approved

45 projects worth Rs 154 billion approved

The Executive Committee of National Economic Council (Ecnec) on Wednesday approved 45 development projects worth Rs 154.1 billion, with major allocation of over Rs 100 billion to infrastructure sector, said Engr Dr M Akram Sheikh, Deputy Chairman, Plannin
Published 20 Sep, 2007 12:00am
45 projects worth Rs 154 billion approved

45 projects worth Rs 154 billion approved

The Executive Committee of National Economic Council (Ecnec) on Wednesday approved 45 development projects worth Rs 154.1 billion, with major allocation of over Rs 100 billion to infrastructure sector, said Engr Dr M Akram Sheikh, Deputy Chairman, Plannin
Published 20 Sep, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
45 projects worth Rs 154 billion approved

45 projects worth Rs 154 billion approved

The Executive Committee of National Economic Council (Ecnec) on Wednesday approved 45 development projects worth Rs 154.1 billion, with major allocation of over Rs 100 billion to infrastructure sector, said Engr Dr M Akram Sheikh, Deputy Chairman, Plannin
Published 20 Sep, 2007 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
McKinnon piles up pressure on Musharraf

McKinnon piles up pressure on Musharraf

Commonwealth Secretary-General Don McKinnon on Wednesday piled up pressure on President Pervez Musharraf to step down as military chief ahead of his planned re-election by middle of next month. Musharraf is up against toughest political and legal challeng
Published 20 Sep, 2007 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
McKinnon piles up pressure on Musharraf

McKinnon piles up pressure on Musharraf

Commonwealth Secretary-General Don McKinnon on Wednesday piled up pressure on President Pervez Musharraf to step down as military chief ahead of his planned re-election by middle of next month. Musharraf is up against toughest political and legal challeng
Published 20 Sep, 2007 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
LSE equities score fresh gains

LSE equities score fresh gains

Share values maintained the upward tendency on Wednesday on the Lahore Stock Exchange (LSE), and led by fertilisers, exploration and insurance sectors, the market recorded a fresh gain of over 48 points. The LSE-25 index reached 4,570.33 points from Tuesd
Published 20 Sep, 2007 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
LSE equities score fresh gains

LSE equities score fresh gains

Share values maintained the upward tendency on Wednesday on the Lahore Stock Exchange (LSE), and led by fertilisers, exploration and insurance sectors, the market recorded a fresh gain of over 48 points. The LSE-25 index reached 4,570.33 points from Tuesd
Published 20 Sep, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
ISE-10 Index up 52.56 points

ISE-10 Index up 52.56 points

Equities witnessed broad-based recovery at the Islamabad Stock Exchange (ISE) on Wednesday where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE-10 Index was plus by 52.56 points from 2,928.
Published 20 Sep, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
ISE-10 Index up 52.56 points

ISE-10 Index up 52.56 points

Equities witnessed broad-based recovery at the Islamabad Stock Exchange (ISE) on Wednesday where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE-10 Index was plus by 52.56 points from 2,928.
Published 20 Sep, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Iraqi foreign minister invites Russian investors

Iraqi foreign minister invites Russian investors

Iraqi Foreign Minister Hoshyar Zebari invited Russian business to invest in the reconstruction of his country during a visit to Moscow on Wednesday. But Zebari told reporters at a press conference with his Russian counterpart, Sergei Lavrov, that Russian
Published 20 Sep, 2007 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Siemens names new board member to fight corruption

Siemens names new board member to fight corruption

Troubled German engineering giant Siemens said on Wednesday it had created a board level position to fight corruption, one of three nominations aimed at restoring the group's tarnished reputation.
Published 20 Sep, 2007 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Russia to ban gas flaring

Russia to ban gas flaring

Russia will stop the practice of gas flaring, in which unwanted gas is burned as it is released from oilfields, acting deputy prime minister Sergei Ivanov said on Wednesday. "We will not allow anyone to flare gas, at least in Russia. The decision has alre
Published 20 Sep, 2007 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Americans worry about economy, despite rate cut

Americans worry about economy, despite rate cut

Americans are worried about the economy and fear housing woes and war spending could spark a recession, despite the interest rate cut this week that sent stock markets soaring.
Published 20 Sep, 2007 12:00am
PVMA seeks rationalisation of edible oil taxes

PVMA seeks rationalisation of edible oil taxes

The Pakistan Vanaspati Manufacturers Association (PVMA) has asked the government to rationalise duty/taxes to bring down ghee/cooking oil prices for immediate relief to the buyers during the holy month of Ramazan.
Published 20 Sep, 2007 12:00am
PVMA seeks rationalisation of edible oil taxes

PVMA seeks rationalisation of edible oil taxes

The Pakistan Vanaspati Manufacturers Association (PVMA) has asked the government to rationalise duty/taxes to bring down ghee/cooking oil prices for immediate relief to the buyers during the holy month of Ramazan.
Published 20 Sep, 2007 12:00am
PVMA seeks rationalisation of edible oil taxes

PVMA seeks rationalisation of edible oil taxes

The Pakistan Vanaspati Manufacturers Association (PVMA) has asked the government to rationalise duty/taxes to bring down ghee/cooking oil prices for immediate relief to the buyers during the holy month of Ramazan.
Published 20 Sep, 2007 12:00am
Over 2000 tons onion being imported daily from Afghanistan and Iran

Over 2000 tons onion being imported daily from Afghanistan and Iran

Onion prices have gone down by Rs 240 per 40 kg as a result of its import from Afghanistan and Iran. Pakistan is importing around 1600 tons onion from Kabul and 500 to 800 tons from Iran daily via land route, President of Wholesale Vegetable Welfare Assoc
Published 20 Sep, 2007 12:00am
Over 2000 tons onion being imported daily from Afghanistan and Iran

Over 2000 tons onion being imported daily from Afghanistan and Iran

Onion prices have gone down by Rs 240 per 40 kg as a result of its import from Afghanistan and Iran. Pakistan is importing around 1600 tons onion from Kabul and 500 to 800 tons from Iran daily via land route, President of Wholesale Vegetable Welfare Assoc
Published 20 Sep, 2007 12:00am
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