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Print - 2008-02-26
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (February 25,2008).

Published 26 Feb, 2008 12:00am
Sikh Yatrees to get maximum facilities

Sikh Yatrees to get maximum facilities

The government is taking measures to provide lodging, boarding and transport facilities to Sikh Yatrees, who visit their holy places in Pakistan, sources told to Business Recorder here on Monday.
Published 26 Feb, 2008 12:00am
Senate body calls to remove hurdles in Gwadar Port's way

Senate body calls to remove hurdles in Gwadar Port's way

All hurdles in the way of Gwadar should be immediately removed to make the port a regional hub. This stance was taken by the Senate Standing Committee, which met on Monday with Mrs Ghulshan Saeed in the Chair.
Published 26 Feb, 2008 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (February 25,2008).

Published 26 Feb, 2008 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The Senate session on Monday was quite short. The only fact, about this sitting, is the condolence Resolution introduced by Leader of the House, Wasim Sajjad, in memory of Senator Sarwar Khan Kakar, as well as former Senators, Nabi Bukhsh Domki and Sudeda
Published 26 Feb, 2008 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (February 25,2008).

Published 26 Feb, 2008 12:00am
Senate session adjourned to condole members' death

Senate session adjourned to condole members' death

The Senate session was adjourned without any business to condole the death of serving Senator Sarwar Khan Kakar and three other ex-senators as part of the parliamentary traditions.
Published 26 Feb, 2008 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (February 25,2008).

Published 26 Feb, 2008 12:00am
PCO and emergency over now: minister

PCO and emergency over now: minister

Caretaker Federal Minister for Law and Justice Syed Afzal Haider on Monday said that the Provincial Constitution Order (PCO) and emergency is over now in the country. "Emergency and implementation of PCO is over now. Those who are reluctant to accept this
Published 26 Feb, 2008 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (February 25,2008).

Published 26 Feb, 2008 12:00am
Jamali condemns suicide attack in Rawalpindi

Jamali condemns suicide attack in Rawalpindi

Senate's Acting Chairman Jan Muhammad Khan Jamali has strongly condemned the suicide bomb blast in Rawalpindi on Monday afternoon, in which several persons were killed, including Lieutenant General Mushtaq Ahmad Baig, Surgeon General of Pakistan Army and
Published 26 Feb, 2008 12:00am
General Dannatt calls on General Tariq Majid

General Dannatt calls on General Tariq Majid

General Sir Richard Dannatt, Chief of General Staff UK Armed Forces called on General Tariq Majid, Chairman Joint Chiefs of Staff Committee at Joint Staff Headquarters on Monday and discussed matters relating to enhancement of bilateral military co-operat
Published 26 Feb, 2008 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 9th February 2008.

Published 26 Feb, 2008 12:00am
General Dannatt calls on Musharraf

General Dannatt calls on Musharraf

Chief of General Staff of UK Army General Sir Richard Dannatt here on Monday called on President Pervez Musharraf. General Dannatt appreciated the excellent co-operation between the Armed Forces of Pakistan and the United Kingdom in the fight against inte
Published 26 Feb, 2008 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 9th February 2008.

Published 26 Feb, 2008 12:00am
Musharraf greets Korean President

Musharraf greets Korean President

President Pervez Musharraf Monday greeted his Korean counterpart Lee Myung-bak on assumption of office as President of Republic of Korea. In a message sent to the Korean president, President Musharraf expressed the confidence that under his leadership.
Published 26 Feb, 2008 12:00am
Energy deficit will rise to 53 million TOE in 2015

Energy deficit will rise to 53 million TOE in 2015

Pakistan energy deficit will increase to 53 million TOE (tons oil equivalent) in 2015 and 136 million TOE in 2025, against a projected total energy requirements of 114 million TOE and 211 million TOE for the year 2015 and 2025 respectively.
Published 26 Feb, 2008 12:00am
ANP and PPP agree on power-sharing formula in NWFP

ANP and PPP agree on power-sharing formula in NWFP

Central President of National Awami National Party (ANP) Asfandyar Wali Khan said on Monday that the leadership of Pakistan Peoples Party (PPP) and ANP had agreed on power-sharing formula in the future government of the province.
Published 26 Feb, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (February 25,2008).

Published 26 Feb, 2008 12:00am
Musharraf's opponents softening stance on his removal

Musharraf's opponents softening stance on his removal

Political rivals of President Pervez Musharraf appeared to be softening stance on his removal as they covered further grounds to form coalition governments at center and in provinces amid more violence hitting the country after a peaceful week.
Published 26 Feb, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (February 25,2008).

Published 26 Feb, 2008 12:00am
APDM wouldn't launch agitation: Qazi assures Nawaz

APDM wouldn't launch agitation: Qazi assures Nawaz

Pakistan Muslim League-N chief Nawaz Sharif and Amir Jamaat-i-Islami (JI) Qazi Hussain Ahmed have called upon President Pervez Musharraf to immediately step down otherwise the opposition parties would move impeachment motion in the parliament against him.
Published 26 Feb, 2008 12:00am
APDM wouldn't launch agitation: Qazi assures Nawaz

APDM wouldn't launch agitation: Qazi assures Nawaz

Pakistan Muslim League-N chief Nawaz Sharif and Amir Jamaat-i-Islami (JI) Qazi Hussain Ahmed have called upon President Pervez Musharraf to immediately step down otherwise the opposition parties would move impeachment motion in the parliament against him.
Published 26 Feb, 2008 12:00am
PPP to take forward peace process with India: Zardari

PPP to take forward peace process with India: Zardari

Asif Zardari, Co-Chairperson of Pakistan Peoples Party has said his party will take forward peace process with India. In an interview with "Hindustan Times" published on Monday, Asif Zardari said this peace process was initiated by the late Zulfikar Ali B
Published 26 Feb, 2008 12:00am
THE RUPEE: dollar soars

THE RUPEE: dollar soars

Dollar again started showing its muscles in the interbank market, gaining 25 paisa against the rupee for buying and selling at 62.23 and 62.25, dealers said. Supply of dollar was tight, which unabled the rupee to continue its stability versus the US curre
Published 26 Feb, 2008 12:00am
LHC issues notice to PIA official

LHC issues notice to PIA official

The Lahore High Court has issued a notice to Pakistan International Airlines (PIA) Flight Operations Senior Vice President Mehboobul Haq and ordered him to appear in the court following a petition filed by a pilot.
Published 26 Feb, 2008 12:00am
THE RUPEE: dollar soars

THE RUPEE: dollar soars

Dollar again started showing its muscles in the interbank market, gaining 25 paisa against the rupee for buying and selling at 62.23 and 62.25, dealers said. Supply of dollar was tight, which unabled the rupee to continue its stability versus the US curre
Published 26 Feb, 2008 12:00am
LHC to take up three identical petitions of Sharifs

LHC to take up three identical petitions of Sharifs

The Lahore High Court will take up three identical petitions of Nawaz and Shahbaz Sharif and the formers wife, Kalsoom Nawaz, against the notices of tax department for tax evasion. The Income Tax Department had accused Nawaz Sharif of evading tax on purch
Published 26 Feb, 2008 12:00am
Supreme Court issues notice to DAG

Supreme Court issues notice to DAG

Notice was issued to Deputy Attorney General (DAG) for a date to be fixed later in a petition filed before a bench of Supreme Court of Pakistan comprising Justice Muhammad Moosa K. Leghari and Justice Zia Pervez here on Monday. The bench was hearing a pet
Published 26 Feb, 2008 12:00am
Mengal's plea taken up today

Mengal's plea taken up today

The Supreme Court will hear on February 26 (today) former Balochistan chief minister Sardar Akhtar Mengal's petition against placing his case on the dormant file. In the petition, the nationalist Baloch leader has argued that a case of kidnapping of an ar
Published 26 Feb, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (February 25,2008).

Published 26 Feb, 2008 12:00am
Attorney General arrives from Saudi Arabia

Attorney General arrives from Saudi Arabia

Attorney General for Pakistan Malik Muhammad Qayyum Monday has arrived from Saudi Arabia after performing Umrah and appeared before benches of the Supreme Court in various cases. Malik Muhammad Qayyum who left for Umrah on February 22 and remained there f
Published 26 Feb, 2008 12:00am
Former Senator Mandokhel passes away

Former Senator Mandokhel passes away

Former senator and veteran politician Subidhar Khan Mandokhel on Monday passed away here after illness. He was 78. He would be buried in his native town Zhob on Tuesday. Late Mandokhel was former Member National Assembly and Provincial Assembly. He was ch
Published 26 Feb, 2008 12:00am
50 HEC scholars leaving for MS studies in South Korea

50 HEC scholars leaving for MS studies in South Korea

Last four years will be remembered as a golden period as far as development in the higher education sector of Pakistan is concerned, as over 2,500 scholars are currently pursuing their studies in leading universities of the world.
Published 26 Feb, 2008 12:00am
Services sector deficit up by 52 percent

Services sector deficit up by 52 percent

Shrinking exports have increased the country''s services sector deficit by some 52 percent to about $4 billion during the Jul-January period of the current fiscal year against same period of last year.
Published 26 Feb, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Feb, 2008 12:00am
Services sector deficit up by 52 percent

Services sector deficit up by 52 percent

Shrinking exports have increased the country's services sector deficit by some 52 percent to about $4 billion during the Jul-January period of the current fiscal year against same period of last year.
Published 26 Feb, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (February 25,2008).

Published 26 Feb, 2008 12:00am
Services sector deficit up by 52 percent

Services sector deficit up by 52 percent

Shrinking exports have increased the country's services sector deficit by some 52 percent to about $4 billion during the Jul-January period of the current fiscal year against same period of last year.
Published 26 Feb, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 26 Feb, 2008 12:00am
140,000 US troops to remain in Iraq

140,000 US troops to remain in Iraq

About 140,000 US soldiers will remain in Iraq after July following the withdrawal of five combat brigades, higher than troop levels were before last year's "surge" in American forces, a senior Pentagon official said on Monday.
Published 26 Feb, 2008 12:00am
140,000 US troops to remain in Iraq

140,000 US troops to remain in Iraq

About 140,000 US soldiers will remain in Iraq after July following the withdrawal of five combat brigades, higher than troop levels were before last year's "surge" in American forces, a senior Pentagon official said on Monday.
Published 26 Feb, 2008 12:00am
$20 billion effluent plants plan in limbo

$20 billion effluent plants plan in limbo

The federal government''s Rs $20 billion plan to set up effluent treatment plants in five industrial areas of Karachi has been in limbo last three and half years.
Published 26 Feb, 2008 12:00am
$20 billion effluent plants plan in limbo

$20 billion effluent plants plan in limbo

The federal government's Rs $20 billion plan to set up effluent treatment plants in five industrial areas of Karachi has been in limbo last three and half years.
Published 26 Feb, 2008 12:00am
$20 billion effluent plants plan in limbo

$20 billion effluent plants plan in limbo

The federal government's Rs $20 billion plan to set up effluent treatment plants in five industrial areas of Karachi has been in limbo last three and half years.
Published 26 Feb, 2008 12:00am
CCBL appoints new Chairman

CCBL appoints new Chairman

Following a Board of Directors' meeting, Crescent Commercial Bank Limited (CCBL) has announced the appointment of Sajjad Razvi as the new Chairman of the Board while also appointing Jamal Baquar as the Acting President and CEO.
Published 26 Feb, 2008 12:00am
Gold price shoots up to Rs 18,925 per 10 gms

Gold price shoots up to Rs 18,925 per 10 gms

With the surge of Rs 111, gold price has gone up to the fresh historic peak of Rs 18,925 per 10 grams in the local market, after the commodity price in world market embraced record high level of $948.50 an ounce, traders said on Monday.
Published 26 Feb, 2008 12:00am
Gold price shoots up to Rs 18,925 per 10 gms

Gold price shoots up to Rs 18,925 per 10 gms

With the surge of Rs 111, gold price has gone up to the fresh historic peak of Rs 18,925 per 10 grams in the local market, after the commodity price in world market embraced record high level of $948.50 an ounce, traders said on Monday.
Published 26 Feb, 2008 12:00am
Gold price shoots up to Rs 18,925 per 10 gms

Gold price shoots up to Rs 18,925 per 10 gms

With the surge of Rs 111, gold price has gone up to the fresh historic peak of Rs 18,925 per 10 grams in the local market, after the commodity price in world market embraced record high level of $948.50 an ounce, traders said on Monday.
Published 26 Feb, 2008 12:00am
Fate of Rs 12 billion small dams'' project hangs in balance

Fate of Rs 12 billion small dams'' project hangs in balance

While almost eighth months of the current fiscal year have elapsed, the federal and Sindh governments are yet to decide about extent of sharing in the Rs 12 billion project of small dams construction in the province.
Published 26 Feb, 2008 12:00am
Fate of Rs 12 billion small dams' project hangs in balance

Fate of Rs 12 billion small dams' project hangs in balance

While almost eighth months of the current fiscal year have elapsed, the federal and Sindh governments are yet to decide about extent of sharing in the Rs 12 billion project of small dams construction in the province.
Published 26 Feb, 2008 12:00am
Fate of Rs 12 billion small dams' project hangs in balance

Fate of Rs 12 billion small dams' project hangs in balance

While almost eighth months of the current fiscal year have elapsed, the federal and Sindh governments are yet to decide about extent of sharing in the Rs 12 billion project of small dams construction in the province.
Published 26 Feb, 2008 12:00am
Agreement on IPI project to be signed in March: secretary

Agreement on IPI project to be signed in March: secretary

Secretary, Ministry of Petroleum and Natural Resources, Farrukh Qayyum on Monday said formal agreement on Iran-Pakistan-India (IPI) is likely to be signed between Pakistan and Iran in next month and the gas supply will begin in September 2012.
Published 26 Feb, 2008 12:00am
Blast kills three soldiers

Blast kills three soldiers

At least three soldiers were killed and four others wounded Monday when a bomb blew up an army vehicle in Lehri area, officials said. The remote-controlled roadside bomb attack happened in Lehri, near Dera Bugti, they said. The bombing was claimed by a mi
Published 26 Feb, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (February 25,2008).

Published 26 Feb, 2008 12:00am
Blast kills three soldiers

Blast kills three soldiers

At least three soldiers were killed and four others wounded Monday when a bomb blew up an army vehicle in Lehri area, officials said. The remote-controlled roadside bomb attack happened in Lehri, near Dera Bugti, they said. The bombing was claimed by a mi
Published 26 Feb, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (February 25,2008).

Published 26 Feb, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (February 25,2008).

Published 26 Feb, 2008 12:00am
EU lauds government for holding successful polls

EU lauds government for holding successful polls

Lauding Pakistan for the successful conduct of general elections, the European Union has urged the nation to move swiftly towards the formation of a stable and functional government.
Published 26 Feb, 2008 12:00am
Four killed as British-run NGO attacked in Mansehra

Four killed as British-run NGO attacked in Mansehra

Gunmen opened fire and hurled grenades on Monday at the office of a British-run aid group in north-west Pakistan, killing at least four local staff and wounding 10 others, officials said. The attackers stormed the office of Plan International, a NGO, in t
Published 26 Feb, 2008 12:00am
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