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Print - 2008-08-02
Prime Minister's US visit to broaden bilateral ties: Sherry

Prime Minister's US visit to broaden bilateral ties: Sherry

Federal Minister for Information and Broadcasting, Sherry Rahman has said that purpose of Prime Minister's visit to US would further broaden bilateral relations between US and Pakistan, beyond security and military issues. Talking to a private news channe
Published 02 Aug, 2008 12:00am
IHK fruit growers threaten march towards Muzaffarabad

IHK fruit growers threaten march towards Muzaffarabad

In occupied Kashmir, enraged at the Srinagar-Jammu highway blockade and ransacking of fruit-laden trucks by the Hindu extremist groups of Jammu, valley's fruit growers have threatened to march towards Muzaffarabad if the puppet regime fails to provide sec
Published 02 Aug, 2008 12:00am
President a major destabilising factor for government: Rabbani

President a major destabilising factor for government: Rabbani

Senator Mian Raza Rabbani, a leader of PPP, said on Friday that the president's impeachment would be a priority for the coalition government once it gained the requisite strength in parliament. Talking to local journalists on by phone, Rabbani called the
Published 02 Aug, 2008 12:00am
Car assemblers asked to follow AIDP

Car assemblers asked to follow AIDP

Chief Executive Officer (CEO), Engineering Development Board (EDB), Asad Elahi has urged upon car assemblers to strictly adhere to indigenous programme given in Auto Industrial Development Programme (AIDP). In a meeting with Chief Executive Pak Suzuki Mot
Published 02 Aug, 2008 12:00am
August 14 celebrations: preparations underway in Sialkot

August 14 celebrations: preparations underway in Sialkot

Independence Day will be celebrated with the usual zeal and enthusiasm on August 14th in Sialkot district. Various social and cultural organisations as well as educational institutions were busy preparing colourful programs to commemorate the nation's Ind
Published 02 Aug, 2008 12:00am
Lahore BISE announces matric results

Lahore BISE announces matric results

The Board of the Intermediate and Secondary Education (BISE), Lahore has announced the results of the Matriculation Annual examination 2008 here on Friday, showing a pass percentage of 52.81. As many as 112,782 out of total 213,564 passed the matriculatio
Published 02 Aug, 2008 12:00am
DHA dug-up roads to be re-carpeted after monsoons

DHA dug-up roads to be re-carpeted after monsoons

A delegation of Defence Residents' Association (DRS), led by its President Zafar Iqbal, visited the Defence Housing Authority's main office to discuss the DHA's ongoing development projects as well as various civic issues with the DHA management. The dele
Published 02 Aug, 2008 12:00am
South Asian art web-site launched

South Asian art web-site launched

Bridging Britain, an emerging firm to promote multi-ethinic trade and ties in the UK, has marked a new era in the evolution of interaction with the launch of its new familiarity web-site, Colours of Inspiration, which include exhibitions, events, conferen
Published 02 Aug, 2008 12:00am
'Parliaments be authorised to make advancement in Islamic laws'

'Parliaments be authorised to make advancement in Islamic laws'

Former Justice Javed Iqbal, the son of national poet Allama Muhammad Iqbal, said Iqbal endorsed the Turkish concept that parliaments should be authorised to make advancement in Islamic laws, based on the doctrine of the people's consent contained in the t
Published 02 Aug, 2008 12:00am
Three more girls' schools set on fire

Three more girls' schools set on fire

Unknown miscreants here on Friday torched three more girls' school at Sakhara in troubled Matta Tehsil, mounting the burning toll of schools to five during last 24 hours in the restive district. Police said that armed militants burnt to ashes the governme
Published 02 Aug, 2008 12:00am
Special anti-polio vaccination campaign from August 4

Special anti-polio vaccination campaign from August 4

After confirmation of polio virus in 3-year old child of district Okara, the Punjab government is launching a special anti-polio vaccination campaign in four districts of the province including Okara, Kasur, Nankana Sahib and Sheikhupura from 4th to 6th A
Published 02 Aug, 2008 12:00am
US-India nuclear deal: IAEA sets aside Pakistan's concerns

US-India nuclear deal: IAEA sets aside Pakistan's concerns

Setting aside Pakistan's concerns "about US-India nuclear deal, International Atomic Energy Agency (IAEA) Board of Governors on Friday adopted inspection plan of Indian nuclear installations unanimously. The 'Safeguard Agreement' has paved way for landmar
Published 02 Aug, 2008 12:00am
Khokhar takes oath as acting Chief Justice

Khokhar takes oath as acting Chief Justice

Justice Faqir Muhammad Khokhar took oath as Acting Chief Justice of Pakistan on Friday.. Khokhar will be Acting Chief Justice of Pakistan until Chief Justice Abdul Hameed Dogar returns from a trip to perform Umrah.
Published 02 Aug, 2008 12:00am
CJP arrives in Saudi Arabia

CJP arrives in Saudi Arabia

Chief Justice of Pakistan Justice Abdul Hameed Dogar on Friday arrived Saudi Arabia to perform Umrah. According to the Supreme Court sources, the Chief Justice and his family arrived in Saudi Arabia from Karachi. Justice Faqir Muhammad Khokhar will perfor
Published 02 Aug, 2008 12:00am
Three suspects held near Indo-Pak border

Three suspects held near Indo-Pak border

Three suspected persons were detained by rangers at the Pak-India border near Khokhrapar in territory of Pakistan as they were in disguise of hunters. However, report said that the rangers were interrogating them.
Published 02 Aug, 2008 12:00am
23 Pakistanis held on Pak-Iran border

23 Pakistanis held on Pak-Iran border

Iran border security forces on Friday arrested 23 Pakistanis on Pak-Iran border and handed them over to Taftan police, FIA sources at the border told APP by phone. They said that these people had crossed the border and entered into Iranian territory witho
Published 02 Aug, 2008 12:00am
UVAS initiates certificate course in English

UVAS initiates certificate course in English

The University of Veterinary and Animal Science Lahore has initiated a certificate course in English Language to improve the communication skills of its students.
Published 02 Aug, 2008 12:00am
Fehmida and Kundi condole with advisor

Fehmida and Kundi condole with advisor

National Assembly Speaker Dr Fehmida Mirza and Deputy Speaker Faisal Karim Kundi have expressed their grief and sorrow over the death of sister of Izhar Amrohvi, Advisor to the Minister of Law Justice and Parliamentary Affairs.
Published 02 Aug, 2008 12:00am
Amendments in Sindh Tenancy Act demanded

Amendments in Sindh Tenancy Act demanded

Civil society members, political parties, Human rights activists, journalists and lawyers collectively demanded amendments to the Sindh Tenancy Act 1950. They criticised the Sindh government for not forming an amendment committee according to a ruling by
Published 02 Aug, 2008 12:00am
The Weather

The Weather

The weather report on Friday (August 01, 2008) and the forecast for Saturday (August 02, 2008).

Published 02 Aug, 2008 12:00am
More troops in Swat to ensure peace: minister

More troops in Swat to ensure peace: minister

More troops have been called in Swat valley to protect lives and properties of people besides ensuring peace and tranquility in the valley, NWFP information Minister Mian Iftikhar Hussain said Friday.
Published 02 Aug, 2008 12:00am
Key stock and currency market movements

Key stock and currency market movements

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

Published 02 Aug, 2008 12:00am
SAU employees demand removal of vice chancellor

SAU employees demand removal of vice chancellor

On the call of SAU employees Action Committee, hundreds of the Sindh Agricultural University's employees protested against the current Vice-Chancellor and his policies. Under the slogan of "Remove VC and save Varsity, the employees marched from Thandi Sad
Published 02 Aug, 2008 12:00am
Pir Mazhar to visit Sindh University

Pir Mazhar to visit Sindh University

Senior Minister for Education Sindh, Pir Mazharul will visit the University of Sindh on Sunday to inaugurate the newly constructed Administration Block of the University.
Published 02 Aug, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (August 01, 2008).

Published 02 Aug, 2008 12:00am
Dr Atta to visit Sindh University

Dr Atta to visit Sindh University

The Chairman of the Higher Education Commission (HEC), Dr Atta-ur-Rehman will visit the University of Sindh on Saturday and inaugurate the HEC-funded, newly constructed building for the Institute of Biotechnology and Genetic Engineering. The HEC Chairman
Published 02 Aug, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (August 01, 2008).

Published 02 Aug, 2008 12:00am
AIOU publishes Urdu journal

AIOU publishes Urdu journal

Allama Iqbal Open University (AIOU) has published Urdu Journal "Illm ki Roshni", under patronage of Vice Chancellor Professor Dr Mahmmud-ul-Hassan Butt and editorship of Dr Mahmudur Rahman. The journal carries a number of thought provoking articles and re
Published 02 Aug, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (August 01, 2008).

Published 02 Aug, 2008 12:00am
Arid university, Canadian college sign MoU

Arid university, Canadian college sign MoU

Pir Mehar Ali Shah Arid Agriculture University Rawalpindi (AAUR) and Nova Scotia Agriculture College (NSAC) of Canada have signed a memorandum of understanding (MoU) to promote international understanding and establish a closer relationship in academic an
Published 02 Aug, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (August 01, 2008) and for Saturday (August 02, 2008).
Published 02 Aug, 2008 12:00am
Dr Inam to attend world Punjabi moot

Dr Inam to attend world Punjabi moot

Renowned poet, intellectual and Dean, Faculty of Social Sciences of Allama Iqbal Open University, Dr Inamul Haq Javed has left for England to participate in World Punjabi Conference. He would present his research paper about the language in conference and
Published 02 Aug, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (August 01, 2008).

Published 02 Aug, 2008 12:00am
MCSA students clinch all three positions in SSC exams

MCSA students clinch all three positions in SSC exams

Boys outwit girls in the Secondary School Certificate (SSC) Examinations as students of Military College Sarai Alamgir (MCSA) Jhelum topped the SSC examinations of Rawalpindi Board of Intermediate and Secondary Education (RBISE), as all three positions ha
Published 02 Aug, 2008 12:00am
'Trade cooperation between Japan and Pakistan growing'

'Trade cooperation between Japan and Pakistan growing'

Japanese Ambass-ador to Pakistan Seiji Kojima called on Punjab Chief Minister Mian Muhammad Shahbaz Sharif here on Friday. According to an official, in the meeting bilateral relations between Japan and Pakistan, trade and economic co-operation as well as
Published 02 Aug, 2008 12:00am
Gilani, Rajapaksa discuss bilateral ties

Gilani, Rajapaksa discuss bilateral ties

Prime Minister Syed Yousuf Raza Gillani had a meeting with President of Sri Lanka Mahinda Rajapaksa. He congratulated the government of Sri Lanka for hosting the 15th SAARC Summit. The Prime Minister said that Pakistan had excellent relations with Sri Lan
Published 02 Aug, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 01, 2008).

Published 02 Aug, 2008 12:00am
Duty on mobile sets may cause massive smuggling

Duty on mobile sets may cause massive smuggling

Senior customs officials have apprehended that customs duty of Rs 500 on the import of each mobile phone set might result in massive smuggling of this item under baggage at the airports. Sources told Business Recorder on Friday that the customs sta
Published 02 Aug, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 01, 2008).

Published 02 Aug, 2008 12:00am
Duty on mobile sets may cause massive smuggling

Duty on mobile sets may cause massive smuggling

Senior customs officials have apprehended that customs duty of Rs 500 on the import of each mobile phone set might result in massive smuggling of this item under baggage at the airports. Sources told Business Recorder on Friday that the customs sta
Published 02 Aug, 2008 12:00am
Duty on mobile sets may cause massive smuggling

Duty on mobile sets may cause massive smuggling

Senior customs officials have apprehended that customs duty of Rs 500 on the import of each mobile phone set might result in massive smuggling of this item under baggage at the airports. Sources told Business Recorder on Friday that the customs sta
Published 02 Aug, 2008 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

Rising demand for dollars forced the rupee to surrender its gain in the interbank market on Friday, losing 10 paisa for buying and selling at 71.55 and 71.60, dealers said. Strong demand by the importers for payments pulled down the rupee and it seems tha
Published 02 Aug, 2008 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

Rising demand for dollars forced the rupee to surrender its gain in the interbank market on Friday, losing 10 paisa for buying and selling at 71.55 and 71.60, dealers said. Strong demand by the importers for payments pulled down the rupee and it seems tha
Published 02 Aug, 2008 12:00am
Rising Afghan violence threatens aid efforts: NGOs

Rising Afghan violence threatens aid efforts: NGOs

Violence in Afghanistan has reached its worst level since 2001 with more than 260 civilians killed in July alone, a group of 100 aid agencies said on Friday, calling on all sides to do more to protect the lives of non-combatants.
Published 02 Aug, 2008 12:00am
OMCs profit formula to be reviewed twice a year

OMCs profit formula to be reviewed twice a year

The government will review the oil marketing companies'' (OMCs) profit/ margin formula twice a year and make necessary adjustments, if needed, to make sure that the new pricing mechanism does not hurt any stakeholder of down stream industry. Sources said
Published 02 Aug, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (August 01, 2008).

Published 02 Aug, 2008 12:00am
OMCs profit formula to be reviewed twice a year

OMCs profit formula to be reviewed twice a year

The government will review the oil marketing companies' (OMCs) profit/ margin formula twice a year and make necessary adjustments, if needed, to make sure that the new pricing mechanism does not hurt any stakeholder of down stream industry. Sources said a
Published 02 Aug, 2008 12:00am
OMCs profit formula to be reviewed twice a year

OMCs profit formula to be reviewed twice a year

The government will review the oil marketing companies' (OMCs) profit/ margin formula twice a year and make necessary adjustments, if needed, to make sure that the new pricing mechanism does not hurt any stakeholder of down stream industry. Sources said a
Published 02 Aug, 2008 12:00am
EAC for increase in gas tariff

EAC for increase in gas tariff

The Economic Advisory Committee has recommended increase in gas prices for reducing the size of the subsidy the government is bearing on gas prices. The committee also suggested the government that it should give incentives on CNG kits purchase to promote
Published 02 Aug, 2008 12:00am
EAC for increase in gas tariff

EAC for increase in gas tariff

The Economic Advisory Committee has recommended increase in gas prices for reducing the size of the subsidy the government is bearing on gas prices. The committee also suggested the government that it should give incentives on CNG kits purchase to promote
Published 02 Aug, 2008 12:00am
EAC for increase in gas tariff

EAC for increase in gas tariff

The Economic Advisory Committee has recommended increase in gas prices for reducing the size of the subsidy the government is bearing on gas prices. The committee also suggested the government that it should give incentives on CNG kits purchase to promote
Published 02 Aug, 2008 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 02 Aug, 2008 12:00am
Peace talks at a low ebb after blasts: Menon

Peace talks at a low ebb after blasts: Menon

India said on Friday that peace talks with Pakistan were at the lowest point in their four-year history after a spate of bombings in Indian cities and at the country's embassy in Kabul. Indian Foreign Secretary Shiv Shankar Menon said the blasts had "affe
Published 02 Aug, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Aug, 2008 12:00am
Peace talks at a low ebb after blasts: Menon

Peace talks at a low ebb after blasts: Menon

India said on Friday that peace talks with Pakistan were at the lowest point in their four-year history after a spate of bombings in Indian cities and at the country's embassy in Kabul. Indian Foreign Secretary Shiv Shankar Menon said the blasts had "affe
Published 02 Aug, 2008 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Aug, 2008 12:00am
KSE to hold special trading session today

KSE to hold special trading session today

The Governing Board of Directors of Karachi Stock Exchange (KSE) has decided to hold a special trading session on Saturday, August 2, from 11:00 am to 12:30 pm to provide support to the market and to provide an exit to investors.
Published 02 Aug, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 02 Aug, 2008 12:00am
KSE to hold special trading session today

KSE to hold special trading session today

The Governing Board of Directors of Karachi Stock Exchange (KSE) has decided to hold a special trading session on Saturday, August 2, from 11:00 am to 12:30 pm to provide support to the market and to provide an exit to investors.
Published 02 Aug, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (August 01, 2008).

Published 02 Aug, 2008 12:00am
KSE to hold special trading session today

KSE to hold special trading session today

The Governing Board of Directors of Karachi Stock Exchange (KSE) has decided to hold a special trading session on Saturday, August 2, from 11:00 am to 12:30 pm to provide support to the market and to provide an exit to investors.
Published 02 Aug, 2008 12:00am
10 killed, 17 injured in accident

10 killed, 17 injured in accident

At least 10 persons died and 17 were injured when a passenger pickup plunged into deep ravine near Badal in Buner district on Friday, police said. The condition of several injured was stated to be critical and were hospitalised in Buner and Shangla distri
Published 02 Aug, 2008 12:00am
10 killed, 17 injured in accident

10 killed, 17 injured in accident

At least 10 persons died and 17 were injured when a passenger pickup plunged into deep ravine near Badal in Buner district on Friday, police said. The condition of several injured was stated to be critical and were hospitalised in Buner and Shangla distri
Published 02 Aug, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 02 Aug, 2008 12:00am
Buyers hesitant to purchase high priced textile fabrics

Buyers hesitant to purchase high priced textile fabrics

Export orders worth $78 million are hanging in balance as buyers are hesitant to purchase high priced textile fabrics from Pakistan. European and American storehouses and departmental outlets planning their Christmas inventories have been persuaded by Pak
Published 02 Aug, 2008 12:00am
US anthrax suspect kills self: report

US anthrax suspect kills self: report

A US government scientist who helped law enforcement search for the 2001 anthrax killer has apparently committed suicide just as he was about to be charged with the attacks, the Los Angeles Times reported on Friday.
Published 02 Aug, 2008 12:00am
US anthrax suspect kills self: report

US anthrax suspect kills self: report

A US government scientist who helped law enforcement search for the 2001 anthrax killer has apparently committed suicide just as he was about to be charged with the attacks, the Los Angeles Times reported on Friday.
Published 02 Aug, 2008 12:00am
General Motors posts $15.5 billion loss in second quarter

General Motors posts $15.5 billion loss in second quarter

General Motors posted Friday a 15.5 billion dollar net loss in the second quarter, citing hefty restructuring charges, plummeting US auto sales and union strikes. The loss per share excluding special items was 11.21 dollars, nearly four times the market e
Published 02 Aug, 2008 12:00am
General Motors posts $15.5 billion loss in second quarter

General Motors posts $15.5 billion loss in second quarter

General Motors posted Friday a 15.5 billion dollar net loss in the second quarter, citing hefty restructuring charges, plummeting US auto sales and union strikes. The loss per share excluding special items was 11.21 dollars, nearly four times the market e
Published 02 Aug, 2008 12:00am
General Motors posts $15.5 billion loss in second quarter

General Motors posts $15.5 billion loss in second quarter

General Motors posted Friday a 15.5 billion dollar net loss in the second quarter, citing hefty restructuring charges, plummeting US auto sales and union strikes. The loss per share excluding special items was 11.21 dollars, nearly four times the market e
Published 02 Aug, 2008 12:00am
General Motors posts $15.5 billion loss in second quarter

General Motors posts $15.5 billion loss in second quarter

General Motors posted Friday a 15.5 billion dollar net loss in the second quarter, citing hefty restructuring charges, plummeting US auto sales and union strikes. The loss per share excluding special items was 11.21 dollars, nearly four times the market e
Published 02 Aug, 2008 12:00am
Taliban abduct two soldiers

Taliban abduct two soldiers

Militants on Friday abducted two paramilitary soldiers in a raid on a security post in a tribal region bordering Afghanistan, officials said.
Published 02 Aug, 2008 12:00am