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Print - 2008-08-24
'PML-N to back PPP if 17th amendment scrapped'

'PML-N to back PPP if 17th amendment scrapped'

Pakistan Muslim League-Nawaz Quaid Nawaz Sharif has if 17th amendment is scraped, it is the prerogative of the Pakistan Peoples Party to nominate its candidate for the office of president. The PML-N Quaid further said that his party was committed to the a
Published 24 Aug, 2008 12:00am
'PML-N to back PPP if 17th amendment scrapped'

'PML-N to back PPP if 17th amendment scrapped'

Pakistan Muslim League-Nawaz Quaid Nawaz Sharif has if 17th amendment is scraped, it is the prerogative of the Pakistan Peoples Party to nominate its candidate for the office of president. The PML-N Quaid further said that his party was committed to the a
Published 24 Aug, 2008 12:00am
Reinstatement of deposed judges sans Iftikhar not acceptable: PBC

Reinstatement of deposed judges sans Iftikhar not acceptable: PBC

Pakistan Bar Council (PBC) would not allow anyone to take over lawyers' movement for reinstatement of deposed judges; being the parent body of the legal fraternity in the country it is prerogative of the PBC to lead, said Said-ur-Rehman, vice chairman PBC
Published 24 Aug, 2008 12:00am
Reinstatement of deposed judges sans Iftikhar not acceptable: PBC

Reinstatement of deposed judges sans Iftikhar not acceptable: PBC

Pakistan Bar Council (PBC) would not allow anyone to take over lawyers' movement for reinstatement of deposed judges; being the parent body of the legal fraternity in the country it is prerogative of the PBC to lead, said Said-ur-Rehman, vice chairman PBC
Published 24 Aug, 2008 12:00am
Indian army officer among 15 killed in clash near LoC

Indian army officer among 15 killed in clash near LoC

An occupation Indian army officer and a dozen freedom fighters among 15 people killed in a gun battle raging near the Line of Control (LoC), the army said on Saturday. The clash, one of the deadliest in recent months, broke out on Friday morning at Machil
Published 24 Aug, 2008 12:00am
Indian army officer among 15 killed in clash near LoC

Indian army officer among 15 killed in clash near LoC

An occupation Indian army officer and a dozen freedom fighters among 15 people killed in a gun battle raging near the Line of Control (LoC), the army said on Saturday. The clash, one of the deadliest in recent months, broke out on Friday morning at Machil
Published 24 Aug, 2008 12:00am
Textile leaders seek R&D support for weaving sector

Textile leaders seek R&D support for weaving sector

The weaving sector is baseline of the textile sector producing value-added export fabrics needing to be sustained by R&D Support Facility on fabrics, said Tahir Ishaque Bharara, chairman, Pakistan Textile Exporters Association (PTEA).
Published 24 Aug, 2008 12:00am
Textile leaders seek R&D support for weaving sector

Textile leaders seek R&D support for weaving sector

The weaving sector is baseline of the textile sector producing value-added export fabrics needing to be sustained by R&D Support Facility on fabrics, said Tahir Ishaque Bharara, chairman, Pakistan Textile Exporters Association (PTEA).
Published 24 Aug, 2008 12:00am
Textile leaders seek R&D support for weaving sector

Textile leaders seek R&D support for weaving sector

The weaving sector is baseline of the textile sector producing value-added export fabrics needing to be sustained by R&D Support Facility on fabrics, said Tahir Ishaque Bharara, chairman, Pakistan Textile Exporters Association (PTEA).
Published 24 Aug, 2008 12:00am
Lawyers to restart protest from August 28: Aitzaz

Lawyers to restart protest from August 28: Aitzaz

The legal fraternity on Saturday announced to go for countrywide sits-in (Dharna) after losing hope for reinstatement of judges, starting from August 28 with a two-hour sit-in across the country.
Published 24 Aug, 2008 12:00am
The Weather

The Weather

The weather report on Saturday (August 23, 2008) and the forecast for Sunday (August 24, 2008).

Published 24 Aug, 2008 12:00am
Lawyers to restart protest from August 28: Aitzaz

Lawyers to restart protest from August 28: Aitzaz

The legal fraternity on Saturday announced to go for countrywide sits-in (Dharna) after losing hope for reinstatement of judges, starting from August 28 with a two-hour sit-in across the country.
Published 24 Aug, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Obama names Biden as running mate

Obama names Biden as running mate

Barack Obama Saturday named veteran Senate colleague Joseph Biden as his vice presidential running mate, adding foreign policy heft - but also a loose tongue - to his ticket for November's election against Republican John McCain.
Published 24 Aug, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Obama names Biden as running mate

Obama names Biden as running mate

Barack Obama Saturday named veteran Senate colleague Joseph Biden as his vice presidential running mate, adding foreign policy heft - but also a loose tongue - to his ticket for November's election against Republican John McCain.
Published 24 Aug, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (August 23, 2008) and for Sunday (August 24, 2008).
Published 24 Aug, 2008 12:00am
At least 50 militants killed in Swat and Bajaur

At least 50 militants killed in Swat and Bajaur

At least 50 militants were killed and many others injured in security forces operation on Saturday in Swat and Bajaur Agency. In Swat, 40 militants were killed and number of others injured in operation launched on Saturday by security forces in Kabbal Teh
Published 24 Aug, 2008 12:00am
At least 50 militants killed in Swat and Bajaur

At least 50 militants killed in Swat and Bajaur

At least 50 militants were killed and many others injured in security forces operation on Saturday in Swat and Bajaur Agency. In Swat, 40 militants were killed and number of others injured in operation launched on Saturday by security forces in Kabbal Teh
Published 24 Aug, 2008 12:00am
Discos allowed 60 percent power tariff hike

Discos allowed 60 percent power tariff hike

After receiving green signal from Prime Minister Yousuf Raza Gilani, the government controlled National Electric Power Regulatory Authority (Nepra) has allowed the Discos to increase their tariffs by 60 percent, except lifeline consumers.
Published 24 Aug, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Discos allowed 60 percent power tariff hike

Discos allowed 60 percent power tariff hike

After receiving green signal from Prime Minister Yousuf Raza Gilani, the government controlled National Electric Power Regulatory Authority (Nepra) has allowed the Discos to increase their tariffs by 60 percent, except lifeline consumers.
Published 24 Aug, 2008 12:00am
Discos allowed 60 percent power tariff hike

Discos allowed 60 percent power tariff hike

After receiving green signal from Prime Minister Yousuf Raza Gilani, the government controlled National Electric Power Regulatory Authority (Nepra) has allowed the Discos to increase their tariffs by 60 percent, except lifeline consumers.
Published 24 Aug, 2008 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Shujaat refuses to support Zardari

Shujaat refuses to support Zardari

PML-Q president Shujaat Hussain has refused to extend any support to PPP co-chairman Asif Ali Zardari for his election as President of Pakistan and categorically said on Saturday that the opposition has decided to field its own candidate for presidency.
Published 24 Aug, 2008 12:00am
Shujaat refuses to support Zardari

Shujaat refuses to support Zardari

PML-Q president Shujaat Hussain has refused to extend any support to PPP co-chairman Asif Ali Zardari for his election as President of Pakistan and categorically said on Saturday that the opposition has decided to field its own candidate for presidency.
Published 24 Aug, 2008 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Restoration of deposed judges: Nawaz shortens deadline to Monday

Restoration of deposed judges: Nawaz shortens deadline to Monday

Pakistan Muslim League-Nawaz Quaid Mian Nawaz Sharif has given a final deadline to Pakistan People's Party (PPP) for the restoration of judiciary as on November 2, 2007 position by Monday (August 25), failing which the PML-N's departure from coalition set
Published 24 Aug, 2008 12:00am
Restoration of deposed judges: Nawaz shortens deadline to Monday

Restoration of deposed judges: Nawaz shortens deadline to Monday

Pakistan Muslim League-Nawaz Quaid Mian Nawaz Sharif has given a final deadline to Pakistan People's Party (PPP) for the restoration of judiciary as on November 2, 2007 position by Monday (August 25), failing which the PML-N's departure from coalition set
Published 24 Aug, 2008 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
PPP nominates Zardari in the name of Shaheed Benazir Bhutto

PPP nominates Zardari in the name of Shaheed Benazir Bhutto

Co-chairman Asif Ali Zardari has accepted the unanimous decision of the PPP Central Executive Committee (CEC), Parliamentary parties in national and provincial assemblies for his candidature for the slot of President of Pakistan in the name of Shaheed Ben
Published 24 Aug, 2008 12:00am
PPP nominates Zardari in the name of Shaheed Benazir Bhutto

PPP nominates Zardari in the name of Shaheed Benazir Bhutto

Co-chairman Asif Ali Zardari has accepted the unanimous decision of the PPP Central Executive Committee (CEC), Parliamentary parties in national and provincial assemblies for his candidature for the slot of President of Pakistan in the name of Shaheed Ben
Published 24 Aug, 2008 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
THE RUPEE: dollar turns lower on currency market

THE RUPEE: dollar turns lower on currency market

Bullish sentiment was seen on the interbank market on Saturday as rupee continued rise against dollar, gaining 55 paisa for buying and selling at 75.90 and 76.00, dealers said. The rupee posted modest gain on Friday evening on the back of intervention by
Published 24 Aug, 2008 12:00am
THE RUPEE: dollar turns lower on currency market

THE RUPEE: dollar turns lower on currency market

Bullish sentiment was seen on the interbank market on Saturday as rupee continued rise against dollar, gaining 55 paisa for buying and selling at 75.90 and 76.00, dealers said. The rupee posted modest gain on Friday evening on the back of intervention by
Published 24 Aug, 2008 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from August 25, 2008.

Published 24 Aug, 2008 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from August 25, 2008.

Published 24 Aug, 2008 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from August 25, 2008.

Published 24 Aug, 2008 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (August 23, 2008).

Published 24 Aug, 2008 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 Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (August 23, 2008).

Published 24 Aug, 2008 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (August 23, 2008).
Published 24 Aug, 2008 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 Saturday (August 23, 2008).

Published 24 Aug, 2008 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 Saturday (August 23, 2008).

Published 24 Aug, 2008 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 Saturday (August 23, 2008).

Published 24 Aug, 2008 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 Saturday (August 23, 2008).

Published 24 Aug, 2008 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 24 Aug, 2008 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 24 Aug, 2008 12:00am
Significance of Neelabut Day in Kashmir Freedom Movement

Significance of Neelabut Day in Kashmir Freedom Movement

The day of August 23rd 1947 enjoys exceptional importance in Kashmir freedom movement as well as for the Muslim population of Jammu & Kashmir. On this historic day the Muslim Population of the Jammu & Kashmir had formally announced to launch the freedom m
Published 24 Aug, 2008 12:00am
Youm-e-Neelabut - A milestone in the history of Azad Jammu and Kashmir

Youm-e-Neelabut - A milestone in the history of Azad Jammu and Kashmir

Sardar Muhammad Abdul Qayyum Khan, an inspiring leader, an able administrator, an experienced and dynamic politician, an elderly statesman, and an eminent scholar is an arch personality behind the liberation history of Jammu & Kashmir since 1947.
Published 24 Aug, 2008 12:00am
Dry fruits higher on Jodia Bazaar

Dry fruits higher on Jodia Bazaar

The trading in dry fruits items closed higher on Jodia Bazaar here on Saturday. The following variations were noted.
Published 24 Aug, 2008 12:00am
US corn futures end down

US corn futures end down

US corn futures closed lower on Friday as a firm dollar and weak crude oil weighed on prices, traders said. CBOT corn closed 7-1/2 to 11-1/4 cents per bushel lower, with September down 11-1/4 at $5.86-1/2 per bushel. Funds sold 4,000 to 5,000 lots.
Published 24 Aug, 2008 12:00am
Spot rate raised by Rs 100 on higher demand on cotton market

Spot rate raised by Rs 100 on higher demand on cotton market

Upward trend continued on the cotton market on Saturday as official spot rate was raised sharply in process of trading, dealers said. The official spot rate was increased by Rs 100 to Rs 4125 in a single day rally, they said. In the ready business the pri
Published 24 Aug, 2008 12:00am
Prices turn mostly higher on grain market

Prices turn mostly higher on grain market

Prices showed rising trend on the grain market on Saturday in process of slow trading, dealers said. On the seed side, cotton seed oilcake Punjab old with bag low type gained Rs 50 to Rs 700 and good type rose by Rs 25 to Rs 750, cotton, cottonseed oilcak
Published 24 Aug, 2008 12:00am
New York sugar ends flat

New York sugar ends flat

Raw sugar futures settled essentially unchanged after moving in a wide range on Friday as pre-weekend buying emerged after initial weakness based on a stronger dollar and tumbling oil prices, traders said. The October sugar contract ended flat at 14.14 ce
Published 24 Aug, 2008 12:00am
US gold lower

US gold lower

US gold futures ended lower on Friday, retreating from a one-week high set in the previous session as a strong dollar and falling oil prices prompted investors to sell commodities across the board.
Published 24 Aug, 2008 12:00am
Vietnam raises rice export prices to help farmers

Vietnam raises rice export prices to help farmers

Vietnam has raised the reference price for its top rice export grade by 8.3 percent to help boost domestic prices and sell newly harvested grain, but traders said actual trading prices were far below the level. The Vietnam Food Association raised the refe
Published 24 Aug, 2008 12:00am
China copper demand seen weak

China copper demand seen weak

Beijing may throw shaky copper markets a lifeline if it rolls out a stimulus package for its flagging economy, but some analysts now fear weak metals demand growth may persist far longer than many reckon.
Published 24 Aug, 2008 12:00am
Bearish trend on Australian wool market

Bearish trend on Australian wool market

The Australian wool market finished 1.1 percent lower, on average, at sales in Newcastle (sale held in Sydney), Melbourne and Fremantle this week. The AWEX EMI fell by 14 Aust cents (1.6 percent), ending the week at 859 Aust cents a kg.
Published 24 Aug, 2008 12:00am
Burundi coffee prices boosted by weak dollar

Burundi coffee prices boosted by weak dollar

Burundi's coffee prises rose this week compared to last week's auction thanks to a weaker US dollar, the coffee board said on Friday. The state-run Coffee Board (OCIBU) said this week's average price was $3.01 per kg, up from $2.95 per kg last week. The a
Published 24 Aug, 2008 12:00am
Soya closes lower

Soya closes lower

US soy futures ended lower on Friday on profit-taking, weak crude oil and a firm dollar, traders said. CBOT soy closed 10 to 21 cents per bushel lower, with September down 20 at $13.21 per bushel. Pro Farmer pegs 2008 US soy crop 2.930 billion bushels. Ou
Published 24 Aug, 2008 12:00am
World market price for upland cotton

World market price for upland cotton

The US Agriculture Department set the prevailing world market price for upland cotton at 61.99 cents per pound, effective through August 28. The price is adjusted to US quality and location for Strict Low Middling, 1-1/16 inch upland cotton.
Published 24 Aug, 2008 12:00am
US copper loses on dollar's gain

US copper loses on dollar's gain

US copper futures lost over 2 percent of their value on Friday as the dollar regained its upside momentum against the euro, sparking profit-taking losses in the broader commodity complex, dealers said. Copper for September delivery lost 7.35 cents, or 2.1
Published 24 Aug, 2008 12:00am
India's grain stocks to beat target on good crop

India's grain stocks to beat target on good crop

India's grain stocks are set to jump above government targets, the food ministry said on Friday, helped by record production in the crop year ended June. Higher food stock in India, the world's second-biggest grower of rice and wheat, eases concerns of a
Published 24 Aug, 2008 12:00am
Oil, metals rescue investors as commodity prices rally

Oil, metals rescue investors as commodity prices rally

Oil and most metals prices rebounded this week as investors sought a safe haven owing to a weaker dollar, struggling stock markets and global supply tensions. "Thursday saw a big bounce across the commodity spectrum as the dollar weakened and oil experien
Published 24 Aug, 2008 12:00am
KCBT wheat lower

KCBT wheat lower

Hard red winter wheat futures on the Kansas City Board of Trade ended lower Friday on profit-taking ahead of the weekend following Thursday's rally. The KCBT September wheat contract closed down 28 cents or 3 percent at $9.00 per bushel in the pit, while
Published 24 Aug, 2008 12:00am