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Nov 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-11-07
State Life allocates Rs 10.27 billion as bonus to policyholders

State Life allocates Rs 10.27 billion as bonus to policyholders

State Life Insurance Corporation of Pakistan (SLIC) has allocated Rs 10.27 billion as 'bonus' for its policy holders. This was stated by Shahid Aziz Siddiqui, Chairman State Life while addressing the delegates of State Life Convention 2008 held here on Th
Published 07 Nov, 2008 12:00am
State Life allocates Rs 10.27 billion as bonus to policyholders

State Life allocates Rs 10.27 billion as bonus to policyholders

State Life Insurance Corporation of Pakistan (SLIC) has allocated Rs 10.27 billion as 'bonus' for its policy holders. This was stated by Shahid Aziz Siddiqui, Chairman State Life while addressing the delegates of State Life Convention 2008 held here on Th
Published 07 Nov, 2008 12:00am
Shahbaz to launch anti-polio campaign in Punjab

Shahbaz to launch anti-polio campaign in Punjab

Punjab Chief Minister, Muhammad Shahbaz Sharif has said that in order to educate people about polio, the government will hold seminars, talk shows, debates and media programmes. He said this while meeting the provincial head of WHO Dr Wdaan on Thursday Sh
Published 07 Nov, 2008 12:00am
Shahbaz orders to improve law & orders situation

Shahbaz orders to improve law & orders situation

Punjab Chief Minister, Muhammad Shahbaz Sharif, chairing a meeting here on Thursday instructed police officers in Punjab to hold open courts and visit police stations to improve law & order situation and facilitate public in provision of justice.
Published 07 Nov, 2008 12:00am
Working group being formed to represent Punjab in NFC

Working group being formed to represent Punjab in NFC

Punjab Finance and Planning Development Minister, Tanvir Ashraf Kaira has said that a working group would be constituted to present the provincial government's stance in National Finance Commission (NFC), in which professionals and economists from private
Published 07 Nov, 2008 12:00am
The Weather

The Weather

The weather report on Thursday (November 06, 2008) and the forecast for Friday (November 07, 2008).

Published 07 Nov, 2008 12:00am
Free of cost facility of blood screening begins

Free of cost facility of blood screening begins

Pursuant to the directions of Punjab Chief Minister, Shahbaz Sharif, Health Department Punjab, has started providing free of cost facility for screening of blood for Hepatitis B and C, HIV/AIDS and other diseases and this facility would continue for the b
Published 07 Nov, 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 07 Nov, 2008 12:00am
Re-auditing of TMAs reveals misappropriation of Rs 52 billion

Re-auditing of TMAs reveals misappropriation of Rs 52 billion

Punjab Local Government Minister, Dost Muhammad Khosa, has said that the second phase of audit of Tehsil Municipal Administrations (TMAs) has been completed, which revealed Rs 52 billion of misappropriation. He said this while addressing a press conferenc
Published 07 Nov, 2008 12:00am
Nadra signs contract with Sudan to develop ID system

Nadra signs contract with Sudan to develop ID system

The National Database and Registration Authority (Nadra), has signed a contract with Kushite Integrated Company Ltd, a subsidiary of Sudan's Ministry of Interior for execution of the project for development of civil registration and identity system of Sud
Published 07 Nov, 2008 12:00am
Government to further strengthen its defence industry

Government to further strengthen its defence industry

Federal Minister for Defence Production, Abdul Qayyum Khan Jatoi has said that the government would take measures to further strengthen and modernise its defence industry so as to cope with emerging challenges being faced by the country.
Published 07 Nov, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (November 06, 2008).

Published 07 Nov, 2008 12:00am
Media persons' entry into ministries not blocked: Sherry

Media persons' entry into ministries not blocked: Sherry

Minister for Information and Broadcasting Sherry Rehman on Thursday said that the government has not blocked entry of media persons into the federal ministries and attached departments. Sherry Rehman said this while contradicting reports regarding restric
Published 07 Nov, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (November 06, 2008).

Published 07 Nov, 2008 12:00am
Mukhtar meets Gilani

Mukhtar meets Gilani

Federal Minister for Defence Chaudhry Ahmed Mukhtar called on Prime Minister Syed Yousuf Raza Gilani at the Prime Minister Secretariat on Thursday afternoon and apprised him of matters related to his ministry.
Published 07 Nov, 2008 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Thursday (November 06, 2008).

Published 07 Nov, 2008 12:00am
Gilani inaugurates housing scheme for low paid employees

Gilani inaugurates housing scheme for low paid employees

Prime Minister Syed Yousaf Raza Gillani Thursday inaugurated Housing Scheme for low paid employees of the country. Addressing the opening ceremony, he said he is extremely thankful to Almighty Allah for choosing him to realise the vision of our great lead
Published 07 Nov, 2008 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, (November 06, 2008).

Published 07 Nov, 2008 12:00am
Bungling funds: Jhelum and Murree prove most corrupt TMAs

Bungling funds: Jhelum and Murree prove most corrupt TMAs

Government should allow city district Government of Multan to serve the people properly when it was not involved in any kind of corruption, misuse of public funds and its development funds should be transferred to its true representatives. There is no jus
Published 07 Nov, 2008 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, (November 06, 2008).

Published 07 Nov, 2008 12:00am
Decision to reinstate sacked employees hailed

Decision to reinstate sacked employees hailed

Trade Unions have welcomed the Federal Cabinet's decision to reinstate all government employees sacked between November 1996-December 1998, including those of the Sui Northern and Southern Gas pipeline Company and banks. However they demanded extension in
Published 07 Nov, 2008 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, (November 06, 2008).

Published 07 Nov, 2008 12:00am
'100,000 jobs to be created during financial year'

'100,000 jobs to be created during financial year'

Federal Minister for Industries and Production Inaytullah Durrani has said that at least 100,000 vacancies will be created during the current financial year to bring the country out of the economic crisis. He expressed these views in his first meeting wit
Published 07 Nov, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (November 06, 2008).

Published 07 Nov, 2008 12:00am
Hewlett Packard establishes "HP Experience Stores"

Hewlett Packard establishes "HP Experience Stores"

The Hewlett Packard (HP) has established "HP Experience Stores" (HPES) to facilitate consumers in purchasing PC and printer products in Pakistan. This was stated by Philip Lau, General Manager, Personal Systems Group, HP Asia-Emerging Countries in a press
Published 07 Nov, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (November 06, 2008)and for Friday (November 07, 2008).
Published 07 Nov, 2008 12:00am
150 agriculture students to join 'Grow More Wheat' campaign

150 agriculture students to join 'Grow More Wheat' campaign

Around 150 students of Arid Agriculture University would join hands with the provincial government's campaign to create awareness among farmers to enhance wheat production in the province. The Grow More Wheat Campaign launched under the directives of Chie
Published 07 Nov, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (November 06, 2008).

Published 07 Nov, 2008 12:00am
APNS grieved over death of Mahmoud Haroon

APNS grieved over death of Mahmoud Haroon

Secretary-General of All Pakistan Newspapers Society (APNS) Muhammad Aslam Kazi has expressed his grief over the sad demise of Chairman of Pakistan Herald Publication (Pvt) Ltd Mahmoud Haroon. Mahmoud Haroon had been APNS President and member of Executive
Published 07 Nov, 2008 12:00am
NWFP team to lobby for ROZs in US

NWFP team to lobby for ROZs in US

A delegation comprising officials of provincial government and business community is likely to visit United States to lobby for establishment of the US-sponsored Reconstruction Opportunity Zones (ROZs) in Fata and its adjacent settled areas.
Published 07 Nov, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (November 06, 2008).

Published 07 Nov, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (November 06, 2008).

Published 07 Nov, 2008 12:00am
NWFP Assembly body discusses amendments in business rules

NWFP Assembly body discusses amendments in business rules

A meeting of the NWFP Assembly Standing committee on Procedure and Conduct of Business Rules was held with Deputy Speaker and chairman of the committee Khushdil Khan in the chair at assembly building on Thursday.
Published 07 Nov, 2008 12:00am
Mine owners dissatisfied with government policies

Mine owners dissatisfied with government policies

Frontier Mines Owner Association (FMOA) on Thursday expressed dissatisfaction over the policies of both federal and provincial governments of NWFP and criticised the governments not to evolve so far a clear vision for the promotion of public-private partn
Published 07 Nov, 2008 12:00am
NAB unearths three cases of Rs 103 million embezzlement

NAB unearths three cases of Rs 103 million embezzlement

National Accountability Bureau (NAB) on Thursday approved three references in different embezzlement cases of almost Rs 103 million and recommended prosecution of those involved in the scam. This was disclosed by NAB Chairman Nawid Ahsan, who chaired a me
Published 07 Nov, 2008 12:00am
THE RUPEE: dollar unchanged on interbank market

THE RUPEE: dollar unchanged on interbank market

The rupee retained its overnight level against dollar on the interbank market on Thursday for buying and selling at 81.00 and at 81.10. It was higher versus dollar in open market, currency analysts said. Easy supply of dollars helped the rupee to maintain
Published 07 Nov, 2008 12:00am
Livestock sector development needs farmers' active participation

Livestock sector development needs farmers' active participation

Sustainable development in livestock sector can be achieved through adoption of multidisciplinary approach and there is dire need for active participation of the farming community with the scientific society to build confidence for mutual benefits.
Published 07 Nov, 2008 12:00am
THE RUPEE: dollar unchanged on interbank market

THE RUPEE: dollar unchanged on interbank market

The rupee retained its overnight level against dollar on the interbank market on Thursday for buying and selling at 81.00 and at 81.10. It was higher versus dollar in open market, currency analysts said. Easy supply of dollars helped the rupee to maintain
Published 07 Nov, 2008 12:00am
Petition against Moonis: LHC adjourns hearing till November 23

Petition against Moonis: LHC adjourns hearing till November 23

An election tribunal headed by a judge of the Lahore High Court (LHC) on Thursday adjourned the hearing to November 23, for recording evidence in an election petition filed by a PPP candidate challenging election of Moonis Elahi, son of former Chief Minis
Published 07 Nov, 2008 12:00am
Shujaat's petition against Mukhtar adjourned till November 20

Shujaat's petition against Mukhtar adjourned till November 20

An election tribunal headed by a judge of the Lahore High Court has fixed November 20, for arguments on election petition of PML-Q President Chaudhry Shujaat Hussain against Federal Minister for Defence Ahmad Mukhtar of PPP. PML-Q President Chaudhry Shuja
Published 07 Nov, 2008 12:00am
Ghost school revived

Ghost school revived

The Fata Secretariat of the NWFP Governor has successfully completed the refurbishing and renovation of Primary School in Kharkay, a remote village in Orakzai Agency. The project was identified during a community consensus Jirga, as top priority because t
Published 07 Nov, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (November 06, 2008).

Published 07 Nov, 2008 12:00am
Convocation of UVAS on November 15

Convocation of UVAS on November 15

The second convocation of the University of Veterinary and Animal Sciences (UVAS) Lahore will be held on November 15, 2008. The graduates who passed DVM, DVM (Deficiency), MSc (Hons), MPhil and PhD exams in the years 2006, 2007 and 2008 will be awarded de
Published 07 Nov, 2008 12:00am
Punjab University announces full working day on Friday

Punjab University announces full working day on Friday

Punjab University has declared Friday as full working day and now PU administrative offices and teaching departments will remain open from 8 am to 3:30 pm on Friday with a break of one hour for Friday prayer. This was decided in a meeting of professors un
Published 07 Nov, 2008 12:00am
French embassy closes school

French embassy closes school

The Embassy of France has closed one of its schools in Islamabad due to security reason. Business Recorder on Thursday tried to collect more information about closing of the school called on the number given by the Embassy to phone in case of any e
Published 07 Nov, 2008 12:00am
First Rite to be set up in Lahore soon

First Rite to be set up in Lahore soon

Director General, Pakistan Rangers, Major General Muhammad Yaqub called on Chairman, National Vocational and Technical Education Commission (Navtec) Adnan A. Khawaja at his office in the Prime Minister's Secretariat and discussed with him to establish fir
Published 07 Nov, 2008 12:00am
Government committed to overcome population problem: minister

Government committed to overcome population problem: minister

Minister for Population Welfare Firdous Ashiq Awan said on Thursday that government was committed to overcome population problem, which was main challenge for the country. She was speaking at the certificate distribution ceremony held by National Institut
Published 07 Nov, 2008 12:00am
Jammu Martyrs Day observed in Sialkot

Jammu Martyrs Day observed in Sialkot

The Jammu Martyrs day was observed throughout Sialkot and Narowal districts by the refugees from the occupied Jammu and Kashmir, settled in both the districts, on Thursday.
Published 07 Nov, 2008 12:00am
PML-Q leaders condole death of Haroon

PML-Q leaders condole death of Haroon

Pakistan Muslim League-Q President Chaudhry Shujaat Hussain and PML-Q Central Leader Chaudhry Pervaiz Elahi have expressed profound grief and sorrow over the deaths of former Sindh Governor Mahmood A. Haroon and former Deputy Speaker Punjab Assembly Hassa
Published 07 Nov, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Nov, 2008 12:00am
MCCI executive body members elected unopposed

MCCI executive body members elected unopposed

Multan Chamber of Commerce & Industry, Multan has declared its 24 member executive committee for 2008-2009, all these members were elected unopposed.
Published 07 Nov, 2008 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 07 Nov, 2008 12:00am
Businessmen upbeat on positive economic change

Businessmen upbeat on positive economic change

The leaders of PIAF-Founders Alliance have said that the economic situation in the country is taking a positive turn and hopefully with the new wave of change in the United States, Pakistan would regain its status as the hub of business activities.
Published 07 Nov, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 07 Nov, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (November 06, 2008).

Published 07 Nov, 2008 12:00am
Turkish envoy hosts reception on National Day

Turkish envoy hosts reception on National Day

Turkish ambassador to Pakistan Rauf Engin Soysal hosted a reception at his residence on the occasion of 85th National Day celebrations of Turkey. Information Minister Sherry Rehman was the chief guest on the occasion.
Published 07 Nov, 2008 12:00am
Kashmiris hope Obama to resolve Kashmir dispute

Kashmiris hope Obama to resolve Kashmir dispute

The election of Barack Obama as United States' President has generated hope among Kashmiris in occupied territory that the Kashmir dispute would be solved soon. Welcoming the election of Obama, All Parties Hurriyet Conference Chairman Mirwaiz Umar Farooq
Published 07 Nov, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 07 Nov, 2008 12:00am
OIC urges India to release Kashmiri leaders

OIC urges India to release Kashmiri leaders

The Secretary General of the Organisation of the Islamic Conference, Professor Ekmeleddin Ihsanoglu has expressed deep concern over the new wave of detaining Kashmiri leaders under black laws by the Indian authorities. While talking to media men in Istanb
Published 07 Nov, 2008 12:00am
'Industrial oil being sold as edible oil'

'Industrial oil being sold as edible oil'

Poultry protein processing units are selling harmful 'industrial oil' to be used as edible oil by different vendors, which is spreading dangerous diseases in the provincial capital. Pathfinders Chairman Major Arif made these allegations in a press confere
Published 07 Nov, 2008 12:00am
Sindh government directed to ensure payment to paddy growers

Sindh government directed to ensure payment to paddy growers

Acting President, Dr Fehmida Mirza has directed Sindh government to ensure payment of support price for paddy growers as fixed by the Federal government. She ordered after holding a meeting with delegation of Sindh Paddy Growers Association here on Thursd
Published 07 Nov, 2008 12:00am
Minfal stresses scientific progress in agriculture sector

Minfal stresses scientific progress in agriculture sector

Scientific progress in agriculture sector will bring radical changes would help achieve basic goals of reducing poverty and ensuring food security, the Minister of State for Food, Agriculture and Livestock (Minfal), Rafiq Ahmad Jamali said in a briefing o
Published 07 Nov, 2008 12:00am
ICAP president elected vice-chairman of ISAR

ICAP president elected vice-chairman of ISAR

Asad Ali Shah was elected on Tuesday (November 4) Vice-Chairman of the inter-governmental working group of experts on International Standards on Accounting and Reporting (ISAR) of UNCTAD, United Nations, based in Geneva.
Published 07 Nov, 2008 12:00am
Saarc ministers endorse to set up Food Bank

Saarc ministers endorse to set up Food Bank

A special meeting of Saarc Agriculture Ministers held here endorsed setting up of Food Bank to provide emergency support to member countries. Talking to APP here, Tauqir Ahmed Faiq, Additional Secretary of Ministry of Food and Agriculture said Pakistan wo
Published 07 Nov, 2008 12:00am
Shujaat, Elahi determined to carry ahead PML-Q

Shujaat, Elahi determined to carry ahead PML-Q

The President, Pakistan Muslim League-Q (PML-Q), Chaudhry Shujaat Hussain and the party head Punjab, Chaudhry Parvaiz Elahi are determined to carry ahead the individual identity of the PML-Q, as they are vehemently resisting the moves to oust them from th
Published 07 Nov, 2008 12:00am
Dubai Islamic Bank reports consistent growth

Dubai Islamic Bank reports consistent growth

Dubai Islamic Bank Pakistan Limited (DIBPL) has achieved an impressive growth of 55 percent in its financing and a 42 percent increase in deposits for the nine-month period ended in September. DIBPL's financing portfolio stands at Rs 17.5 billion and cust
Published 07 Nov, 2008 12:00am
Dubai Islamic Bank reports consistent growth

Dubai Islamic Bank reports consistent growth

Dubai Islamic Bank Pakistan Limited (DIBPL) has achieved an impressive growth of 55 percent in its financing and a 42 percent increase in deposits for the nine-month period ended in September. DIBPL's financing portfolio stands at Rs 17.5 billion and cust
Published 07 Nov, 2008 12:00am
ZONG extends services to Panjgoor

ZONG extends services to Panjgoor

ZONG - the first international brand of China Mobile and the fastest growing cellular company in Pakistan - has launched its services in the Panjgoor district of Balochistan. ZONG has entered the Pakistani market with a brilliant strategy and is stepping-
Published 07 Nov, 2008 12:00am
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