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Print - 2008-09-13
Punjab to launch campaign against quacks

Punjab to launch campaign against quacks

On the directives of the Chief Minister Punjab, Health Department has decided to launch intensive campaign against those doctors who have leased out their name-boards to quacks for mere monetary benefits.
Published 13 Sep, 2008 12:00am
Liquor selling case: LHC grants post arrest bail

Liquor selling case: LHC grants post arrest bail

The Lahore High Court has granted post arrest bail to a petitioner involved in a case of selling liquor. Petitioner Waqas Shah was caught red-handed by city police Pakpattan while selling the liquor. A case under sections 3/4 of Prohibition (Enforcement o
Published 13 Sep, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 12, 2008).

Published 13 Sep, 2008 12:00am
$160 million deal signed with China to purchase railway engines

$160 million deal signed with China to purchase railway engines

Chairman Railway, Kashif Murtaza has said that an agreement of 160 million dollar has been signed with China to purchase 75 railway engines which would be hand over to Pakistan very soon. He was talking to a press conference on Friday at a local hotel.
Published 13 Sep, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 12, 2008).

Published 13 Sep, 2008 12:00am
Inept policies of former government ruined institutions: Shahbaz

Inept policies of former government ruined institutions: Shahbaz

Punjab Chief Minister Shahbaz Sharif has said that inept policies of the former government have ruined all institutions of the province and a number of challenges are being faced today. However, he said, it is his firm belief that nothing is impossible an
Published 13 Sep, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (September 12, 2008).

Published 13 Sep, 2008 12:00am
Five Punjab cities to get cold storages

Five Punjab cities to get cold storages

Punjab Chief Minister Shahbaz Sharif has said that livestock sector is the backbone of our economy and its development could not only be helpful in removing poverty but could also be a source of huge foreign exchange.
Published 13 Sep, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (September 12, 2008) and for Saturday (September 13, 2008).
Published 13 Sep, 2008 12:00am
LHC seeks 'proposed issues' from both parties

LHC seeks 'proposed issues' from both parties

The Lahore High Court sought "proposed issues" from both parties in a petition filed by a PPP candidate Lala Shakil-ur-Rehman against the election of a PML-N candidate Dr Ashraf Chohan from PP-92, Gujranwala.
Published 13 Sep, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (September 12, 2008).

Published 13 Sep, 2008 12:00am
'Solution of problems lies in concentrating on education'

'Solution of problems lies in concentrating on education'

The solution of Pakistan's problems lies in concentrating on education and adopting progressive educational strategies, said Professor Elizabeth Norford, an educationist from the USA. She was delivering a lecture on "Approaches towards Creative Education
Published 13 Sep, 2008 12:00am
Low river flows create drought conditions

Low river flows create drought conditions

The lifeline of agrarian economy, water in four major rivers, has dropped to a historic low in the current month, which has created drought-like conditions and put pressure on water reserves for winter Rabi crops, Punjab Irrigation Department engineers to
Published 13 Sep, 2008 12:00am
PCGA calls for evolving anti-contamination policy

PCGA calls for evolving anti-contamination policy

The Pakistan Cotton Ginners Association (PCGA) has asked the textile and agriculture ministries and the All Pakistan Textile Mills Association (Aptma) to evolve a policy for countering contamination of cotton. Talking to newsmen on Friday, PCGA Chairman M
Published 13 Sep, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 12, 2008).

Published 13 Sep, 2008 12:00am
Ban Ki-moon felicitates Zardari

Ban Ki-moon felicitates Zardari

Secretary-General Ban Ki-moon on Thursday spoke by telephone with President Asif Ali Zardari and felicitated him on his inauguration as Pakistan's head of state, a UN spokesman said. Spokesman Farhan Haq said the UN chief was also sending to the Pakistani
Published 13 Sep, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 12, 2008).

Published 13 Sep, 2008 12:00am
Armed Forces capable to meet any eventuality: Mukhtar

Armed Forces capable to meet any eventuality: Mukhtar

Federal Minister for Defence Chaudhry Ahmad Mukhtar has said that our Armed Forces are fully capable to meet any eventuality and safeguard the sovereignty and territorial integrity of the country. The frontiers of the country would be defended at all cost
Published 13 Sep, 2008 12:00am
MPPL gets letter of intent for setting up 50 megawatts wind farm

MPPL gets letter of intent for setting up 50 megawatts wind farm

Alternative Energy Development Board (AEDB) will facilitate the investors in setting up renewable energy projects in line with the government's policy of promoting the use of renewable energy in the country's power generation mix.
Published 13 Sep, 2008 12:00am
Prolong loadshedding adds to citizens' woes

Prolong loadshedding adds to citizens' woes

With the increase in temperature, electricity crisis in the metropolis has intensified to add to the miseries of Karachiites, Aaj TV reported on Friday. Due to the closure of unit 2 and 3 of the Bin Qasim Power Plant, the KESC is facing a shortage
Published 13 Sep, 2008 12:00am
THE RUPEE: dollar lower on interbank market

THE RUPEE: dollar lower on interbank market

The rupee resisted fall against dollar in interbank market on Friday despite rising demand for the US currency unit, dealers said. In the interbank market, the rupee reversed its slide versus dollar by gaining 10 paisa for buying and selling at 76.50 and
Published 13 Sep, 2008 12:00am
THE RUPEE: dollar lower on interbank market

THE RUPEE: dollar lower on interbank market

The rupee resisted fall against dollar in interbank market on Friday despite rising demand for the US currency unit, dealers said. In the interbank market, the rupee reversed its slide versus dollar by gaining 10 paisa for buying and selling at 76.50 and
Published 13 Sep, 2008 12:00am
Anti-polio campaign

Anti-polio campaign

After authentication of polio cases in the province, the Punjab Health department is launching anti-polio campaign from September 13. During campaign, polio vaccine drops would be administered to all the children of up to 5 years of age by the mobile team
Published 13 Sep, 2008 12:00am
PML-N government not to be destabilised: Rehman Malik

PML-N government not to be destabilised: Rehman Malik

Advisor to Prime Minister on Interior Rehman Malik has said that the PML-N government in Punjab would not be destabilised under any circumstances. He said this during a meeting with Punjab Chief Minister Mian Shahbaz Sharif here on Friday. Malik said that
Published 13 Sep, 2008 12:00am
Zardari to address joint session of parliaments on September 19

Zardari to address joint session of parliaments on September 19

President Asif Ali Zardari will address the joint session of the parliament on September 19, said advisor to the Prime Minister on parliamentary affairs Izhar Amrohavi here on Friday. He said that a summary to this effect has been moved. President Zardari
Published 13 Sep, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (September 12, 2008).

Published 13 Sep, 2008 12:00am
Red Cross boosts Pakistan aid budget by 25 percent

Red Cross boosts Pakistan aid budget by 25 percent

The international Red Cross said Friday it is appealing for a further 4.2 million Swiss francs (3.7 million dollars, 2.6 million euros) for aid projects in Pakistan this year, a 25 percent increase on the initial budget.
Published 13 Sep, 2008 12:00am
Red Cross boosts Pakistan aid budget by 25 percent

Red Cross boosts Pakistan aid budget by 25 percent

The international Red Cross said Friday it is appealing for a further 4.2 million Swiss francs (3.7 million dollars, 2.6 million euros) for aid projects in Pakistan this year, a 25 percent increase on the initial budget.
Published 13 Sep, 2008 12:00am
Copper, silver and gold confirmed in Fata mineral samples

Copper, silver and gold confirmed in Fata mineral samples

The results of chemical analysis conducted on preliminary outcrop samples taken near Gabarai, Bajaur Agency, in Fata, have confirmed anomalous values for copper, silver and gold in some samples that suggest a porphyry style of mineralisation for occurrenc
Published 13 Sep, 2008 12:00am
World Bank chief urges fresh approach to ''fragile states''

World Bank chief urges fresh approach to ''fragile states''

The international community must rethink its approach to "fragile states" such as Somalia and Afghanistan to ensure security and development go hand in hand, the head of the World Bank said Friday. Bank President Robert Zoellick said in remarks prepared f
Published 13 Sep, 2008 12:00am
World Bank chief urges fresh approach to 'fragile states'

World Bank chief urges fresh approach to 'fragile states'

The international community must rethink its approach to "fragile states" such as Somalia and Afghanistan to ensure security and development go hand in hand, the head of the World Bank said Friday. Bank President Robert Zoellick said in remarks prepared f
Published 13 Sep, 2008 12:00am
World Bank chief urges fresh approach to 'fragile states'

World Bank chief urges fresh approach to 'fragile states'

The international community must rethink its approach to "fragile states" such as Somalia and Afghanistan to ensure security and development go hand in hand, the head of the World Bank said Friday. Bank President Robert Zoellick said in remarks prepared f
Published 13 Sep, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Sep, 2008 12:00am
Agriculture input: government has enough stock of DAP

Agriculture input: government has enough stock of DAP

Pakistan has sufficient stocks of DAP and is likely to amass more by December. Besides, there will be no shortage of agriculture inputs, informed sources told Business Recorder on Friday. "Currently, we have stocks between 0.6 million and 0.7 milli
Published 13 Sep, 2008 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Sep, 2008 12:00am
Agriculture input: government has enough stock of DAP

Agriculture input: government has enough stock of DAP

Pakistan has sufficient stocks of DAP and is likely to amass more by December. Besides, there will be no shortage of agriculture inputs, informed sources told Business Recorder on Friday. "Currently, we have stocks between 0.6 million and 0.7 milli
Published 13 Sep, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 13 Sep, 2008 12:00am
Agriculture input: government has enough stock of DAP

Agriculture input: government has enough stock of DAP

Pakistan has sufficient stocks of DAP and is likely to amass more by December. Besides, there will be no shortage of agriculture inputs, informed sources told Business Recorder on Friday. "Currently, we have stocks between 0.6 million and 0.7 milli
Published 13 Sep, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (September 12, 2008).

Published 13 Sep, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 13 Sep, 2008 12:00am
Prisoner released after 50 years in jail

Prisoner released after 50 years in jail

Muhammad Ahmed (80) is the eldest prisoner of Pakistan who served 50 years in jail due to non-payment of fine of Rs 20,000 (264 dollars) He was released on Friday, September 12, 2008 when a lawyer, Yousaf Abid paid the fine for him. The lawyer also got re
Published 13 Sep, 2008 12:00am
'No dispute over seniority of Supreme Court judges'

'No dispute over seniority of Supreme Court judges'

There is no dispute over the seniority and other matters relating to the Supreme Court judges and certain media reports in this regard are baseless. Shahid Hussain Kmboyo, spokesman of the Supreme Court, in a press statement here on Friday rejected certai
Published 13 Sep, 2008 12:00am
NWFP to bring all new commercial property, colonies into tax net

NWFP to bring all new commercial property, colonies into tax net

NWFP Minister for Excise and Taxation Liaquat Shabab has directed all excise and taxation officers (ETOs) of the province to bring all newly constructed colonies and commercial property of the rating areas into tax net so that revenue of the province coul
Published 13 Sep, 2008 12:00am
NWFP to bring all new commercial property, colonies into tax net

NWFP to bring all new commercial property, colonies into tax net

NWFP Minister for Excise and Taxation Liaquat Shabab has directed all excise and taxation officers (ETOs) of the province to bring all newly constructed colonies and commercial property of the rating areas into tax net so that revenue of the province coul
Published 13 Sep, 2008 12:00am
NWFP to bring all new commercial property, colonies into tax net

NWFP to bring all new commercial property, colonies into tax net

NWFP Minister for Excise and Taxation Liaquat Shabab has directed all excise and taxation officers (ETOs) of the province to bring all newly constructed colonies and commercial property of the rating areas into tax net so that revenue of the province coul
Published 13 Sep, 2008 12:00am
ISE index down 3.18 points

ISE index down 3.18 points

Equities witnessed across the board losses at the Islamabad Stock Exchange (ISE) where bears strengthened their positions under the lead of hot favourite amid decrease in index. ISE-10 Index was down by 3.18 points as it moved from 2,072.25 to 2069.07 poi
Published 13 Sep, 2008 12:00am
ISE index down 3.18 points

ISE index down 3.18 points

Equities witnessed across the board losses at the Islamabad Stock Exchange (ISE) where bears strengthened their positions under the lead of hot favourite amid decrease in index. ISE-10 Index was down by 3.18 points as it moved from 2,072.25 to 2069.07 poi
Published 13 Sep, 2008 12:00am
Gilani for Kashmiris' participation in dialogue

Gilani for Kashmiris' participation in dialogue

Prime Minister Yousaf Raza Gilani has stressed the need for inclusion of Kashmiri people in the dialogue process between Pakistan and China for durable solution of Kashmir issue, saying that Pakistan considers Kashmiris as primary party of the dispute and
Published 13 Sep, 2008 12:00am
Gilani for Kashmiris' participation in dialogue

Gilani for Kashmiris' participation in dialogue

Prime Minister Yousaf Raza Gilani has stressed the need for inclusion of Kashmiri people in the dialogue process between Pakistan and China for durable solution of Kashmir issue, saying that Pakistan considers Kashmiris as primary party of the dispute and
Published 13 Sep, 2008 12:00am
BRIndex30 down 38.57 points

BRIndex30 down 38.57 points

On Friday, the BRIndex30 opened in the red zone, at 9,109.49, and remained there for whole of the trading time. It closed at 9,103.04 with a net negative change of -38.57 points and percentage change of -0.42. It experienced intra-day high of 9,110.21 and
Published 13 Sep, 2008 12:00am
BRIndex30 down 38.57 points

BRIndex30 down 38.57 points

On Friday, the BRIndex30 opened in the red zone, at 9,109.49, and remained there for whole of the trading time. It closed at 9,103.04 with a net negative change of -38.57 points and percentage change of -0.42. It experienced intra-day high of 9,110.21 and
Published 13 Sep, 2008 12:00am
KSE witnesses dull session

KSE witnesses dull session

Karachi share market witnessed another dull session on Friday due to investors concerns over the country''s political situation. KSE-100 index closed at 9,253.92 points, down by 9.47 points. The market started in the negative and the index hit 9,239.75 po
Published 13 Sep, 2008 12:00am
KSE witnesses dull session

KSE witnesses dull session

Karachi share market witnessed another dull session on Friday due to investors concerns over the country's political situation. KSE-100 index closed at 9,253.92 points, down by 9.47 points. The market started in the negative and the index hit 9,239.75 poi
Published 13 Sep, 2008 12:00am
KSE witnesses dull session

KSE witnesses dull session

Karachi share market witnessed another dull session on Friday due to investors concerns over the country's political situation. KSE-100 index closed at 9,253.92 points, down by 9.47 points. The market started in the negative and the index hit 9,239.75 poi
Published 13 Sep, 2008 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Friday (September 12, 2008).

Published 13 Sep, 2008 12:00am
NBP decides to buy back shares

NBP decides to buy back shares

The Board of Directors of National Bank of Pakistan (NBP) in a meeting held here on Friday decided to move forward with the process of buy back of NBP''''s own shares. In this connection, the board decided that a consultant would be appointed to advise th
Published 13 Sep, 2008 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Friday (September 12, 2008).

Published 13 Sep, 2008 12:00am
NBP decides to buy back shares

NBP decides to buy back shares

The Board of Directors of National Bank of Pakistan (NBP) in a meeting held here on Friday decided to move forward with the process of buy back of NBP''s own shares. In this connection, the board decided that a consultant would be appointed to advise the
Published 13 Sep, 2008 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Friday (September 12, 2008).

Published 13 Sep, 2008 12:00am
NBP decides to buy back shares

NBP decides to buy back shares

The Board of Directors of National Bank of Pakistan (NBP) in a meeting held here on Friday decided to move forward with the process of buy back of NBP's own shares. In this connection, the board decided that a consultant would be appointed to advise the b
Published 13 Sep, 2008 12:00am
NBP decides to buy back shares

NBP decides to buy back shares

The Board of Directors of National Bank of Pakistan (NBP) in a meeting held here on Friday decided to move forward with the process of buy back of NBP's own shares. In this connection, the board decided that a consultant would be appointed to advise the b
Published 13 Sep, 2008 12:00am
Inflation accelerating in Pakistan: ADB

Inflation accelerating in Pakistan: ADB

Inflation rather than an economic slowdown is the greatest risk and biggest policy challenge for developing countries in Asia, the head of the Asian Development Bank said on Friday. The Manila-based agency plans to slightly cut its 2008 average growth for
Published 13 Sep, 2008 12:00am
Inflation accelerating in Pakistan: ADB

Inflation accelerating in Pakistan: ADB

Inflation rather than an economic slowdown is the greatest risk and biggest policy challenge for developing countries in Asia, the head of the Asian Development Bank said on Friday. The Manila-based agency plans to slightly cut its 2008 average growth for
Published 13 Sep, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (September 12, 2008).

Published 13 Sep, 2008 12:00am
Inflation accelerating in Pakistan: ADB

Inflation accelerating in Pakistan: ADB

Inflation rather than an economic slowdown is the greatest risk and biggest policy challenge for developing countries in Asia, the head of the Asian Development Bank said on Friday. The Manila-based agency plans to slightly cut its 2008 average growth for
Published 13 Sep, 2008 12:00am