AGL 39.58 Decreased By ▼ -0.42 (-1.05%)
AIRLINK 131.22 Increased By ▲ 2.16 (1.67%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.47 Increased By ▲ 0.65 (1.59%)
DGKC 82.09 Increased By ▲ 1.13 (1.4%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 72.87 Decreased By ▼ -1.56 (-2.1%)
FFL 12.26 Increased By ▲ 0.52 (4.43%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.51 Increased By ▲ 0.76 (5.53%)
KEL 5.19 Decreased By ▼ -0.12 (-2.26%)
KOSM 7.61 Decreased By ▼ -0.11 (-1.42%)
MLCF 38.90 Increased By ▲ 0.30 (0.78%)
NBP 64.01 Increased By ▲ 0.50 (0.79%)
OGDC 192.82 Decreased By ▼ -1.87 (-0.96%)
PAEL 25.68 Decreased By ▼ -0.03 (-0.12%)
PIBTL 7.34 Decreased By ▼ -0.05 (-0.68%)
PPL 154.07 Decreased By ▼ -1.38 (-0.89%)
PRL 25.83 Increased By ▲ 0.04 (0.16%)
PTC 17.81 Increased By ▲ 0.31 (1.77%)
SEARL 82.30 Increased By ▲ 3.65 (4.64%)
TELE 7.76 Decreased By ▼ -0.10 (-1.27%)
TOMCL 33.46 Decreased By ▼ -0.27 (-0.8%)
TPLP 8.49 Increased By ▲ 0.09 (1.07%)
TREET 16.62 Increased By ▲ 0.35 (2.15%)
TRG 57.40 Decreased By ▼ -0.82 (-1.41%)
UNITY 27.51 Increased By ▲ 0.02 (0.07%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,504 Increased By 59.3 (0.57%)
BR30 31,226 Increased By 36.9 (0.12%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)
Print - 2008-08-22
Rs 2.33 billion ZPI project awaits Prime Minister approval

Rs 2.33 billion ZPI project awaits Prime Minister approval

The Zero Point Interchange (ZPI) Project costing Rs 2.33 billion is waiting for the Prime Minister Syed Yousaf Raza Gilani to decide the date of its inauguration. Sources in the Capital Development Authority (CDA) told Business Recorder that all is
Published 22 Aug, 2008 12:00am
Intel Islamic Banking moot on August 25 in Lahore

Intel Islamic Banking moot on August 25 in Lahore

Experts from 12 countries around the world including Malaysia, Bahrain, Sri Lanka, UAE, Mauritius, UK, Qatar etc will participate in the 2nd International Conference on Islamic Banking and Finance which is being held on august 25 in Lahore.
Published 22 Aug, 2008 12:00am
The Weather

The Weather

The weather report on Thursday (August 21, 2008) and the forecast for Friday (August 22, 2008).

Published 22 Aug, 2008 12:00am
Body to identify sites for ROZs

Body to identify sites for ROZs

The NWFP government has constituted the committee to start preparation for launching the US-backed Reconstruction Opportunity Zones (ROZs) in NWFP and Fata. The project is likely to start within next couple of months. The decision on it has been taken in
Published 22 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 22 Aug, 2008 12:00am
Anwar posted as joint secretary in Prime Minister secretariat

Anwar posted as joint secretary in Prime Minister secretariat

Anwar Malik, Director Administration, National Electric Power Regulatory Authority (Nepra) has been transferred and posted as Joint Secretary (Public) in Prime Minister Secretariat. Malik, who is a grade 20 officer of ex-cadre group held different positio
Published 22 Aug, 2008 12:00am
LTUs, RTOs told to curb misuse of desk audit

LTUs, RTOs told to curb misuse of desk audit

The Federal Board of Revenue on Thursday directed the Directorate General of Large Taxpayers Units (LTUs) and Regional Tax Offices (RTOs) to start desk audit of all income tax returns filed by the corporate sector without causing harassment to business co
Published 22 Aug, 2008 12:00am
Minister directs free treatment of dengue-hit patients

Minister directs free treatment of dengue-hit patients

Sindh Health Minister Dr Saghir Ahmed has said all possible steps be taken for free treatment of dengue affected patients admitted to Sindh government hospitals. Chairing a meeting with the officials of his department, the minister directed that no charge
Published 22 Aug, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (August 21, 2008).

Published 22 Aug, 2008 12:00am
Traders seek cut in credit cards' commission

Traders seek cut in credit cards' commission

Traders have threatened banks to stop entertaining credit cards if they fail to lower commission from 3 to 1 percent before August 31, 2008. Chairman Trader Action Committee Siddique Memon said here Thursday that traders would not allow purchase of mercha
Published 22 Aug, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (August 21, 2008).

Published 22 Aug, 2008 12:00am
Gold prices up by Rs 850 per tola

Gold prices up by Rs 850 per tola

Gold prices rose by Rs 850 per tola and Rs 771 per 10 gram in the local market while its price in the world market was quoted at $821.50 an ounce, traders said. Gold was traded at Rs 23900 per tola, which was previously available at Rs 23050 per tola and
Published 22 Aug, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (August 21, 2008).

Published 22 Aug, 2008 12:00am
Sindh workers board to build 7,000 houses for labourers

Sindh workers board to build 7,000 houses for labourers

After the resignation of Musharraf economy will be better and democracy will be strengthened in the country. This was stated by Minister of Sindh Ameer Nawab Khan while talking to journalists at Circuit House, Badin. Minister said.
Published 22 Aug, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (August 21, 2008) and for Friday (August 22, 2008).
Published 22 Aug, 2008 12:00am
Corporate Results: ICI records handsome profit

Corporate Results: ICI records handsome profit

The profit after tax of ICI Pakistan Limited has increased by 35 percent to Rs 568.183 million in the three month period ended June 30, 2008 as compared to Rs 420.259 million earned in the corresponding period in 2007. The company's earning per share also
Published 22 Aug, 2008 12:00am
Corporate Results: ICI records handsome profit

Corporate Results: ICI records handsome profit

The profit after tax of ICI Pakistan Limited has increased by 35 percent to Rs 568.183 million in the three month period ended June 30, 2008 as compared to Rs 420.259 million earned in the corresponding period in 2007. The company's earning per share also
Published 22 Aug, 2008 12:00am
Corporate Results: surge in PRL profit

Corporate Results: surge in PRL profit

Pakistan Refinery Limited has posted Rs 2,110.744 million as profit after tax in the year ended June 30, 2008 as compared to Rs 250.814 million earned in the corresponding period last year. The company's earning per share surged to Rs 60.31 in the period
Published 22 Aug, 2008 12:00am
Corporate Results: surge in PRL profit

Corporate Results: surge in PRL profit

Pakistan Refinery Limited has posted Rs 2,110.744 million as profit after tax in the year ended June 30, 2008 as compared to Rs 250.814 million earned in the corresponding period last year. The company's earning per share surged to Rs 60.31 in the period
Published 22 Aug, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 21, 2008).

Published 22 Aug, 2008 12:00am
Corporate Results: rise in Unilever profit

Corporate Results: rise in Unilever profit

The profit after tax of Unilever Pakistan Limited has increased to Rs 1,280.745 million in the half year period ended June 30, 2008 as compared to Rs 862.041 million earned in the corresponding period in 2007. The company's earning per share surged to Rs
Published 22 Aug, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 21, 2008).

Published 22 Aug, 2008 12:00am
Corporate Results: rise in Unilever profit

Corporate Results: rise in Unilever profit

The profit after tax of Unilever Pakistan Limited has increased to Rs 1,280.745 million in the half year period ended June 30, 2008 as compared to Rs 862.041 million earned in the corresponding period in 2007. The company's earning per share surged to Rs
Published 22 Aug, 2008 12:00am
Corporate Results: Lucky Cement profit shows gain

Corporate Results: Lucky Cement profit shows gain

The profit after tax of Lucky Cement Limited has increased to Rs 2.677 billion in the year ended June 30, 2008 as compared to Rs 2.547 billion in the corresponding period last year. The board of directors of the company at its meeting here on Thursday dec
Published 22 Aug, 2008 12:00am
Corporate Results: Lucky Cement profit shows gain

Corporate Results: Lucky Cement profit shows gain

The profit after tax of Lucky Cement Limited has increased to Rs 2.677 billion in the year ended June 30, 2008 as compared to Rs 2.547 billion in the corresponding period last year. The board of directors of the company at its meeting here on Thursday dec
Published 22 Aug, 2008 12:00am
THE RUPEE: dollar up two percent

THE RUPEE: dollar up two percent

The rupee fell nearly by two percent against dollar on Thursday due to hovering uncertainties over the political settlement among the leading parties, money experts said. In the interbank the rupee lost sharply against dollar for buying and selling at 76.
Published 22 Aug, 2008 12:00am
THE RUPEE: dollar up two percent

THE RUPEE: dollar up two percent

The rupee fell nearly by two percent against dollar on Thursday due to hovering uncertainties over the political settlement among the leading parties, money experts said. In the interbank the rupee lost sharply against dollar for buying and selling at 76.
Published 22 Aug, 2008 12:00am
JSG advises to help boost Pak-Japan trade: Kojima

JSG advises to help boost Pak-Japan trade: Kojima

Terming the current US $2 billion trade volume between Islamabad and Tokyo as "small", Japanese Ambassador to Pakistan Seiji Kojima expressed the hope that recommendations of the Joint Study Group (JSG) would help the two countries increase bilateral trad
Published 22 Aug, 2008 12:00am
Pak-Brunei FTA next year

Pak-Brunei FTA next year

The Free Trade Agreement (FTA) between Pakistan and Brunei Darussalam is likely to become functional after fourth round of Joint Study Negotiation between the two countries to be held next year. "The conclusion of the Joint Study Negotiations next year wo
Published 22 Aug, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (August 21, 2008).

Published 22 Aug, 2008 12:00am
National Assembly for release, repatriation of Dr Aafia

National Assembly for release, repatriation of Dr Aafia

The National Assembly on Thursday unanimously passed two separate resolutions one for immediate release and repatriation of Pakistani citizen Dr Aafia Siddiqui as well as her children from United States and the other condemning the blasphemous caricatures
Published 22 Aug, 2008 12:00am
Soomro, others condemn Wah Cantt blasts

Soomro, others condemn Wah Cantt blasts

Acting President Muhammadmian Soomro on Thursday strongly condemned the twin bomb blasts in Wah that claimed several innocent lives. The acting President in a message expressed deep grief and sorrow over the loss of lives and said perpetrators of such bar
Published 22 Aug, 2008 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

It was probably more journalistic than political instinct of Ayaz Amir, a PML (N) MNA from Chakwal, which generated a stir in the power corridors when he proposed that there is a need of having "national consensus policy" to tackle militancy and extremism
Published 22 Aug, 2008 12:00am
Fazl for APC to evolve joint strategy to improve law and order

Fazl for APC to evolve joint strategy to improve law and order

Jamiat Ulema-i-Islam-F chief Mualana Fazl-ur-Rehman has stressed the need for immediate convening of all parties conference (APC) to evolve a joint strategy to improve the law and order situation. Talking to journalists here at the Parliament House here o
Published 22 Aug, 2008 12:00am
PML-N not to change its principled stance on judges' issue: Saad

PML-N not to change its principled stance on judges' issue: Saad

Central Pakistan Muslim League-Nawaz (PML-N) leader Khawaja Saad Rafique on Thursday said that his party if prepared to swallow the bitter pill to keep the coalition government intact but it cannot compromise on the fate of deposed judges and issue of ind
Published 22 Aug, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Aug, 2008 12:00am
Judges' restoration: PML-N gives final 'message' to PPP leadership

Judges' restoration: PML-N gives final 'message' to PPP leadership

The Pakistan Muslim League-Nawaz leadership has made it clear to the coalition partners that the future of the present coalition is linked with restoration of deposed judges, who if, were not reinstated after a Friday deadline, the PML-N would have no cho
Published 22 Aug, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (August 21, 2008).

Published 22 Aug, 2008 12:00am
Zardari as president not PML-N idea: Ahsan

Zardari as president not PML-N idea: Ahsan

Secretary Information Pakistan Muslim League-N Ahsan Iqbal said on Thursday that the proposal to elect PPP Co-chairman Asif Ali Zardari as President is not the idea of PML-N as it emits from within the PPP camp.
Published 22 Aug, 2008 12:00am
NWFP legislators demand raise in salaries

NWFP legislators demand raise in salaries

The members of the NWFP Assembly on Thursday exhibited unanimity in demanding increase in their salaries, bringing it at par with their counter-parts in Sindh and Balochistan. But, they took little interest when two of their colleagues demanded compensati
Published 22 Aug, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 22 Aug, 2008 12:00am
PML-Q leadership advised to distance itself from Musharraf

PML-Q leadership advised to distance itself from Musharraf

The senior leadership of the PML (Q) is under immense pressure from party lower cadres to distance the party from former president General Pervez Musharraf (Retd) and re-organise the party at grass root level.
Published 22 Aug, 2008 12:00am
Wah blasts condemned

Wah blasts condemned

Punjab Assembly Speaker, Rana Muhammad Iqbal has strongly condemned the Wah blasts that took several innocent lives. In a statement issued on Thursday, Iqbal prayed peace for the departed souls and courage for the bereaved families to bear the irreparable
Published 22 Aug, 2008 12:00am
PPP Punjab wants Zardari to be next President: Salmaan

PPP Punjab wants Zardari to be next President: Salmaan

Punjab Governor Salman Taseer has disclosed that the Parliamentary Committee of Pakistan Peoples Party Punjab and its MPAs have nominated PPP Co-chairman Asif Ali Zardari as a candidate for next President of Pakistan, after unanimously passing a resolutio
Published 22 Aug, 2008 12:00am
Sitara-e-Imtiaz conferred on Lodhi

Sitara-e-Imtiaz conferred on Lodhi

The government has conferred Sitara-e-Imtiaz (Public Service) on Aftab Lodhi, Special Secretary to Governor Sindh on the Independence Day, said a statement issued by Governor House on Thursday. Lodhi, who was posted in Governor's Secretariat in June 1997,
Published 22 Aug, 2008 12:00am
NWFP bans construction along streams, river sides

NWFP bans construction along streams, river sides

The government of NWFP has decided to impose ban on all sorts of construction and demolition of the already existing structures and remove encroachments along the both sides of rivers and seasonal streams to prevent destructions and loss of human lives an
Published 22 Aug, 2008 12:00am
Freight charges of goods carriers likely to be raised

Freight charges of goods carriers likely to be raised

Freight charges of goods carriers are likely to be raised after the Sindh Government on Thursday allowed the Karachi Goods Carriers' Association (KGCA) to increase goods transporting charges considering the increase in fuel prices, as a result of a three-
Published 22 Aug, 2008 12:00am
Iesco to disconnect defaulters' power on August 28

Iesco to disconnect defaulters' power on August 28

Islamabad Electric Supply Company (Iesco) has decided to disconnect electric supply on 28th August 2008 of all defaulters including domestic, commercial, industrial, govt/semi govt and autonomous bodies. These defaulters were reminded several times throug
Published 22 Aug, 2008 12:00am
PPP Sindh suggests Zardari as presidential candidate

PPP Sindh suggests Zardari as presidential candidate

Pakistan Peoples Party (PPP) Parliamentary Party in Sindh Assembly has decided to nominate the Party's Co-chairman Asif Ali Zardari as the presidential candidate. A resolution to this effect was also adopted unanimously in a meeting held here at the Chief
Published 22 Aug, 2008 12:00am
NPC assured of funding for construction of Awain-e-Quaid

NPC assured of funding for construction of Awain-e-Quaid

Deputy Chairman Planning Commission, Salman Farooqui has assured Nazriya Pakistan Council of required funding by the Ministry of Finance for the construction of Awain-e-Quaid at F-9 Park in Islamabad. A delegation of Nazriya Pakistan called upon the deput
Published 22 Aug, 2008 12:00am
Hoti stresses need to engage locals in combating militancy

Hoti stresses need to engage locals in combating militancy

NWFP Chief Minister Ameer Haider Hoti on Thursday stressed need for holding a national Jirga and engaging local population in combating militancy and ending of space for al Qaeda and Taliban in Fata (Federally Administered Tribal Areas) and the province.
Published 22 Aug, 2008 12:00am
Pakistan and Indonesia negotiating to sign FTA

Pakistan and Indonesia negotiating to sign FTA

Indonesia and Pakistan are actively engaged in negotiations to sign Free Trade Agreement (FTA), which would help in raising the volume of bilateral trade up to one billion dollars mark.
Published 22 Aug, 2008 12:00am
DPOs directed to ensure implementation of ATA

DPOs directed to ensure implementation of ATA

Punjab Minister for Law and Parliamentary Affairs, Rana Sanaullah Khan has directed the District Police Officers (DPOs) to ensure implementation of Anti-Terrorism Act in their concerned districts. He said this while presiding over a meeting on Thursday to
Published 22 Aug, 2008 12:00am
Indian juvenile wishes to be sent back to Pakistan

Indian juvenile wishes to be sent back to Pakistan

A 16-year-old juvenile AID-affected fisherman, who was released from Juvenile Jail Karachi on humanitarian grounds and sent to India, has wished to be sent back to Pakistan to live in the jail here. According to a Times of India report, the HIV positive y
Published 22 Aug, 2008 12:00am
Security plan to be prepared after consultation: CCPO

Security plan to be prepared after consultation: CCPO

Capital City Police Officer (CCPO) Karachi, Waseem Ahmed Shaikh has said that the department will prepare a comprehensive long-term security plan for Korangi industrial area after consultation with KITE Limited.
Published 22 Aug, 2008 12:00am
Two rival groups clash at Sohrab Goth

Two rival groups clash at Sohrab Goth

Intense firing broke out between two rival groups in Sohrab Goth area late on Thursday night, Aaj TV reported. According to the channel, firing between two rival groups started after a dispute which ultimately resulted in intense firing.
Published 22 Aug, 2008 12:00am
Dera Ismail Khan blast: important clues collected, says Rehman

Dera Ismail Khan blast: important clues collected, says Rehman

Rehman Malik, Advisor to Prime Minister on Interior has said that investigators of Dera Ismail Khan blast have collected some important evidences to nab the culprits. This development will lead to a large number of arrests, the advisor said. While talking
Published 22 Aug, 2008 12:00am
Resolution of judicial crisis: no middle way to be tolerated: PML-N

Resolution of judicial crisis: no middle way to be tolerated: PML-N

Pakistan Muslim League (N) has refused to accept any other option or 'Middle Way' except the reinstatement of judges to their November 2, 2007 position. The PML-N leadership informed the members of the ruling coalition's Special Reconciliatory Committee t
Published 22 Aug, 2008 12:00am
Musharraf may never live in his Islamabad house: report

Musharraf may never live in his Islamabad house: report

Ex-President Pervez Musharraf may never be able to live in the house he has constructed in the outskirts of Islamabad owing to security reasons, reports "The Times". The British daily said number 1-A Park Road in Chak Shahzad looks, at first glance, like
Published 22 Aug, 2008 12:00am
Indonesian Consul General hosts reception

Indonesian Consul General hosts reception

The Indonesian Consul General in Karachi H.E. Mustakim and his wife hosted a reception here at the local hotel to mark the 63rd anniversary of the Declaration of Indonesian Independence which was very largely attended. Sindh Assembly Speaker Nisar Khuhro
Published 22 Aug, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (August 21, 2008).

Published 22 Aug, 2008 12:00am