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Print - 2008-11-23
Two protestors killed in police firing in IoK

Two protestors killed in police firing in IoK

Two young men were killed on Saturday when police and occupation paramilitary forces fired at a demonstration against holding elections in India's northern Jammu and Kashmir, news reports said. The incident took place in Baramullah town, about 55 kilometr
Published 23 Nov, 2008 12:00am
Kashmiris to march towards Ganderbal today

Kashmiris to march towards Ganderbal today

A massive march will be held towards Ganderbal in occupied Kashmir on Sunday, where Indian authorities have announced to hold second phase of so-called assembly elections. According to Kashmir Media Service, the call for the march has been given by Jammu
Published 23 Nov, 2008 12:00am
Court indicts five over Bhutto murder attack

Court indicts five over Bhutto murder attack

An Anti-Terrorism Court (ATC) on Saturday framed charges against five persons allegedly involved in the assassination of Pakistan People's Party chairperson Benazir Bhutto, and asked the prosecution to make sure that the statements of the witnesses are re
Published 23 Nov, 2008 12:00am
Court indicts five over Bhutto murder attack

Court indicts five over Bhutto murder attack

An Anti-Terrorism Court (ATC) on Saturday framed charges against five persons allegedly involved in the assassination of Pakistan People's Party chairperson Benazir Bhutto, and asked the prosecution to make sure that the statements of the witnesses are re
Published 23 Nov, 2008 12:00am
Three killed in mosque blast

Three killed in mosque blast

A powerful bomb blast ripped through a mosque during prayers in a restive north-western district Saturday, killing at least three worshippers and injuring six others, officials said. The explosion destroyed the roof of the mosque in the town of Tal in Han
Published 23 Nov, 2008 12:00am
Three killed in mosque blast

Three killed in mosque blast

A powerful bomb blast ripped through a mosque during prayers in a restive north-western district Saturday, killing at least three worshippers and injuring six others, officials said. The explosion destroyed the roof of the mosque in the town of Tal in Han
Published 23 Nov, 2008 12:00am
Bangladesh landmark polls delayed: official

Bangladesh landmark polls delayed: official

Bangladesh's army-backed government Saturday said December 18 elections set to return democracy to the nation would be delayed after ex-premier Khaleda Zia's party threatened to boycott the polls. Chief election commissioner A.T.M. Shamsul Huda said the l
Published 23 Nov, 2008 12:00am
Bangladesh landmark polls delayed: official

Bangladesh landmark polls delayed: official

Bangladesh's army-backed government Saturday said December 18 elections set to return democracy to the nation would be delayed after ex-premier Khaleda Zia's party threatened to boycott the polls. Chief election commissioner A.T.M. Shamsul Huda said the l
Published 23 Nov, 2008 12:00am
MCCI strongly reacts to gas tariff hike

MCCI strongly reacts to gas tariff hike

Multan Chamber of Commerce and Industry (MCCI) President Khwaja Muhammad Jalaluddin Roomi has strongly reacted to the increase of gas prices by 7.67 percent (Rs 20.56 per million British thermal unit) by Sui Northern Gas Pipeline (SNGP) and the Sui Southe
Published 23 Nov, 2008 12:00am
Kofi Annan and Jimmy Carter barred from Zimbabwe

Kofi Annan and Jimmy Carter barred from Zimbabwe

Zimbabwe has barred former UN secretary general Kofi Annan, former US President Jimmy Carter and other prominent figures from visiting the country to assess the humanitarian crisis, the group said on Saturday. They were denied travel visas to Zimbabwe des
Published 23 Nov, 2008 12:00am
Kofi Annan and Jimmy Carter barred from Zimbabwe

Kofi Annan and Jimmy Carter barred from Zimbabwe

Zimbabwe has barred former UN secretary general Kofi Annan, former US President Jimmy Carter and other prominent figures from visiting the country to assess the humanitarian crisis, the group said on Saturday. They were denied travel visas to Zimbabwe des
Published 23 Nov, 2008 12:00am
Opec output to fall sharply in November

Opec output to fall sharply in November

Opec oil production is expected to fall by 1.22 million barrels per day in November as members implement a deal to cut supplies, industry consultant Petrologistics said on Friday. The estimate indicates that the Organisation of the Petroleum Exporting Cou
Published 23 Nov, 2008 12:00am
Policymakers must counter cyclical excess: BoE's Bean

Policymakers must counter cyclical excess: BoE's Bean

Policymakers should take asset prices into account when setting interest rates and "lean against the wind" to minimise the risk of boom and bust, Bank of England Deputy Governor Charles Bean said on Saturday. Speaking at a conference in Istanbul, Bean sai
Published 23 Nov, 2008 12:00am
US missile attack: Rashid Rauf, Abu Zubair al-Misri among five killed

US missile attack: Rashid Rauf, Abu Zubair al-Misri among five killed

The alleged al Qaeda mastermind of a 2006 transatlantic airplane bombing plot was killed in a US missile attack in north-west Pakistan early Saturday, officials told AFP. Rashid Rauf died when a missile hit a tribesman's house in the village of Alikhel, p
Published 23 Nov, 2008 12:00am
US missile attack: Rashid Rauf, Abu Zubair al-Misri among five killed

US missile attack: Rashid Rauf, Abu Zubair al-Misri among five killed

The alleged al Qaeda mastermind of a 2006 transatlantic airplane bombing plot was killed in a US missile attack in north-west Pakistan early Saturday, officials told AFP. Rashid Rauf died when a missile hit a tribesman's house in the village of Alikhel, p
Published 23 Nov, 2008 12:00am
43 projects worth Rs 75.4 billion approved by CDWP

43 projects worth Rs 75.4 billion approved by CDWP

The Central Development Working Party (CDWP) on Saturday approved 43 development projects, costing Rs 75.4 billion including foreign component/assistance of Rs 22.4 billion. The meeting, held in the Planning Commission with Secretary Planning and Developm
Published 23 Nov, 2008 12:00am
43 projects worth Rs 75.4 billion approved by CDWP

43 projects worth Rs 75.4 billion approved by CDWP

The Central Development Working Party (CDWP) on Saturday approved 43 development projects, costing Rs 75.4 billion including foreign component/assistance of Rs 22.4 billion. The meeting, held in the Planning Commission with Secretary Planning and Developm
Published 23 Nov, 2008 12:00am
43 projects worth Rs 75.4 billion approved by CDWP

43 projects worth Rs 75.4 billion approved by CDWP

The Central Development Working Party (CDWP) on Saturday approved 43 development projects, costing Rs 75.4 billion including foreign component/assistance of Rs 22.4 billion. The meeting, held in the Planning Commission with Secretary Planning and Developm
Published 23 Nov, 2008 12:00am
The Weather

The Weather

The weather report on Saturday (November 22, 2008) and the forecast for Sunday (November 23, 2008).

Published 23 Nov, 2008 12:00am
Tarp audit begins

Tarp audit begins

The Auditor General of Pakistan (AG) has started audit of Tax Administration Reform Programme (TARP) of the Federal Board of Revenue (FBR) for FY08. Sources told Business Recorder on Saturday that a team of the AG office is under the process of con
Published 23 Nov, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (November 22, 2008).

Published 23 Nov, 2008 12:00am
Tarp audit begins

Tarp audit begins

The Auditor General of Pakistan (AG) has started audit of Tax Administration Reform Programme (TARP) of the Federal Board of Revenue (FBR) for FY08. Sources told Business Recorder on Saturday that a team of the AG office is under the process of con
Published 23 Nov, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (November 22, 2008).

Published 23 Nov, 2008 12:00am
Tarp audit begins

Tarp audit begins

The Auditor General of Pakistan (AG) has started audit of Tax Administration Reform Programme (TARP) of the Federal Board of Revenue (FBR) for FY08. Sources told Business Recorder on Saturday that a team of the AG office is under the process of con
Published 23 Nov, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (November 22, 2008).

Published 23 Nov, 2008 12:00am
KSE: significant increase in off-market trading

KSE: significant increase in off-market trading

The off-market trading significantly increased during the outgoing week as the average daily volumes at this counter surged by 106 percent to 8.0 million shares as compared to 3.9 million shares traded a week earlier. On the other hand, the share market w
Published 23 Nov, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (November 22, 2008)and for Sunday (November 23, 2008).
Published 23 Nov, 2008 12:00am
KSE: significant increase in off-market trading

KSE: significant increase in off-market trading

The off-market trading significantly increased during the outgoing week as the average daily volumes at this counter surged by 106 percent to 8.0 million shares as compared to 3.9 million shares traded a week earlier. On the other hand, the share market w
Published 23 Nov, 2008 12:00am
KSE: significant increase in off-market trading

KSE: significant increase in off-market trading

The off-market trading significantly increased during the outgoing week as the average daily volumes at this counter surged by 106 percent to 8.0 million shares as compared to 3.9 million shares traded a week earlier. On the other hand, the share market w
Published 23 Nov, 2008 12:00am
Ministry worried over delay in cane crushing

Ministry worried over delay in cane crushing

The Ministry of Industries and Production is reportedly deeply concerned over the sugar mill owners'' delay in starting crushing from November 15, an agreed deadline between the government and the representative body of the mill owners, informed sources t
Published 23 Nov, 2008 12:00am
Ministry worried over delay in cane crushing

Ministry worried over delay in cane crushing

The Ministry of Industries and Production is reportedly deeply concerned over the sugar mill owners' delay in starting crushing from November 15, an agreed deadline between the government and the representative body of the mill owners, informed sources to
Published 23 Nov, 2008 12:00am
Ministry worried over delay in cane crushing

Ministry worried over delay in cane crushing

The Ministry of Industries and Production is reportedly deeply concerned over the sugar mill owners' delay in starting crushing from November 15, an agreed deadline between the government and the representative body of the mill owners, informed sources to
Published 23 Nov, 2008 12:00am
Zardari asks US to stop attacks on Pakistani soil

Zardari asks US to stop attacks on Pakistani soil

President Asif Ali Zardari has called upon the US and allied forces to stop attacks on Pakistani soil, saying that the forces across the border should respect the resolution adopted by Pakistan Parliament during the in-camera sitting. Zardari was talking
Published 23 Nov, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (November 22, 2008).

Published 23 Nov, 2008 12:00am
Zardari asks US to stop attacks on Pakistani soil

Zardari asks US to stop attacks on Pakistani soil

President Asif Ali Zardari has called upon the US and allied forces to stop attacks on Pakistani soil, saying that the forces across the border should respect the resolution adopted by Pakistan Parliament during the in-camera sitting. Zardari was talking
Published 23 Nov, 2008 12:00am
Obama says long haul ahead

Obama says long haul ahead

US President-elect Barack Obama said on Saturday he was crafting a two-year plan to fight an economic crisis of "historic proportions" and Chinese leader Hu Jintao said his country was ready to play a big role in the global effort. In another sober assess
Published 23 Nov, 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 (November 22, 2008).

Published 23 Nov, 2008 12:00am
Obama says long haul ahead

Obama says long haul ahead

US President-elect Barack Obama said on Saturday he was crafting a two-year plan to fight an economic crisis of "historic proportions" and Chinese leader Hu Jintao said his country was ready to play a big role in the global effort. In another sober assess
Published 23 Nov, 2008 12:00am
Obama says long haul ahead

Obama says long haul ahead

US President-elect Barack Obama said on Saturday he was crafting a two-year plan to fight an economic crisis of "historic proportions" and Chinese leader Hu Jintao said his country was ready to play a big role in the global effort. In another sober assess
Published 23 Nov, 2008 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (November 22, 2008).

Published 23 Nov, 2008 12:00am
IMF economist says worst of crisis to come

IMF economist says worst of crisis to come

The financial crisis that has engulfed many top banks is spiralling into a broader economic crisis that has yet to peak, International Monetary Fund's top economist Olivier Blanchard told a Swiss newspaper on Saturday. Blanchard said the crisis would cont
Published 23 Nov, 2008 12:00am
Tarin given powers to chair ECC and Ecnec meetings

Tarin given powers to chair ECC and Ecnec meetings

Prime Minister Syed Yousuf Raza Gilani on Saturday handed over powers to chair ECC and Ecnec meetings to his Advisor on Finance Shaukat Tarin, Business Recorder has learnt. Sources said that a notification to this effect was issued a few days ago b
Published 23 Nov, 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 (November 22, 2008).

Published 23 Nov, 2008 12:00am
Tarin given powers to chair ECC and Ecnec meetings

Tarin given powers to chair ECC and Ecnec meetings

Prime Minister Syed Yousuf Raza Gilani on Saturday handed over powers to chair ECC and Ecnec meetings to his Advisor on Finance Shaukat Tarin, Business Recorder has learnt. Sources said that a notification to this effect was issued a few days ago b
Published 23 Nov, 2008 12:00am
Tarin given powers to chair ECC and Ecnec meetings

Tarin given powers to chair ECC and Ecnec meetings

Prime Minister Syed Yousuf Raza Gilani on Saturday handed over powers to chair ECC and Ecnec meetings to his Advisor on Finance Shaukat Tarin, Business Recorder has learnt. Sources said that a notification to this effect was issued a few days ago b
Published 23 Nov, 2008 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 22, 2008).

Published 23 Nov, 2008 12:00am
Endeavour astronauts prepare for third space walk

Endeavour astronauts prepare for third space walk

Two astronauts of the US space shuttle Endeavour began Saturday the third mission spacewalk outside the orbiting International Space Station to complete repairs on one of the station's three double solar antenna arrays. Americans Heide Stefanyshyn-Piper,
Published 23 Nov, 2008 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 22, 2008).

Published 23 Nov, 2008 12:00am
US, Japan and South Korea press North Korea on nuclear program

US, Japan and South Korea press North Korea on nuclear program

Leaders of the United States, Japan and South Korea called Saturday for North Korea to draft a document showing how it will carry out a slow-moving denuclearization deal, a Japanese official said. US President George W. Bush, Japanese Prime Minister Taro
Published 23 Nov, 2008 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 22, 2008).

Published 23 Nov, 2008 12:00am
Russia threatens to cut off gas to Ukraine

Russia threatens to cut off gas to Ukraine

Russia's Gazprom will cut off gas deliveries to Ukraine on January 1 unless a new contract is signed, a company spokesman said on Saturday, making a threat that could affect deliveries to Europe. "We would like to avoid such a scenario, we would like to a
Published 23 Nov, 2008 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 22, 2008).

Published 23 Nov, 2008 12:00am
Qatar art museum aims to show Islam's true values

Qatar art museum aims to show Islam's true values

The new Museum of Islamic Arts in the Qatari capital aims to show that Islam is a religion of "tolerance" and not "terrorism", guests were told at the opening ceremony on Saturday. Built on an artificial island 60 metres (yards) from the Doha Corniche, th
Published 23 Nov, 2008 12:00am
Expected fuel shortage may hit country within week

Expected fuel shortage may hit country within week

The expected shortage of fuel is likely to hit the country within the week, informed sources told Business Recorder on condition of anonymity. Airlines including PIA are also likely to face jet fuel shortage due to lower production by oil refinerie
Published 23 Nov, 2008 12:00am
Expected fuel shortage may hit country within week

Expected fuel shortage may hit country within week

The expected shortage of fuel is likely to hit the country within the week, informed sources told Business Recorder on condition of anonymity. Airlines including PIA are also likely to face jet fuel shortage due to lower production by oil refinerie
Published 23 Nov, 2008 12:00am
THE RUPEE: all-round gains on currency market

THE RUPEE: all-round gains on currency market

The rupee was sharply higher against dollar on the interbank market at the weekend, rising by 20 paisa for buying at 79.05 and it also rose by 15 paisa for selling at 79.15, money experts said. The dollar supply was good, so the rupee was able to show its
Published 23 Nov, 2008 12:00am
Expected fuel shortage may hit country within week

Expected fuel shortage may hit country within week

The expected shortage of fuel is likely to hit the country within the week, informed sources told Business Recorder on condition of anonymity. Airlines including PIA are also likely to face jet fuel shortage due to lower production by oil refinerie
Published 23 Nov, 2008 12:00am
THE RUPEE: all-round gains on currency market

THE RUPEE: all-round gains on currency market

The rupee was sharply higher against dollar on the interbank market at the weekend, rising by 20 paisa for buying at 79.05 and it also rose by 15 paisa for selling at 79.15, money experts said. The dollar supply was good, so the rupee was able to show its
Published 23 Nov, 2008 12:00am
Asian, American leaders urge free trade to offset crisis

Asian, American leaders urge free trade to offset crisis

Asian and American leaders called on Saturday for a global free trade deal to offset a deepening world economic crisis but progress could be tricky with a "lame duck" president in the United States. US President George W. Bush huddled with Chinese Preside
Published 23 Nov, 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 (November 22, 2008).

Published 23 Nov, 2008 12:00am
Asian, American leaders urge free trade to offset crisis

Asian, American leaders urge free trade to offset crisis

Asian and American leaders called on Saturday for a global free trade deal to offset a deepening world economic crisis but progress could be tricky with a "lame duck" president in the United States. US President George W. Bush huddled with Chinese Preside
Published 23 Nov, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 22, 2008).

Published 23 Nov, 2008 12:00am
Asian, American leaders urge free trade to offset crisis

Asian, American leaders urge free trade to offset crisis

Asian and American leaders called on Saturday for a global free trade deal to offset a deepening world economic crisis but progress could be tricky with a "lame duck" president in the United States. US President George W. Bush huddled with Chinese Preside
Published 23 Nov, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 22, 2008).

Published 23 Nov, 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 November 24, 2008.

Published 23 Nov, 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 November 24, 2008.

Published 23 Nov, 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 November 24, 2008.

Published 23 Nov, 2008 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (November 22, 2008).

Published 23 Nov, 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 (November 22, 2008).

Published 23 Nov, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (November 22, 2008).

Published 23 Nov, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (November 22, 2008).

Published 23 Nov, 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 (November 22, 2008).

Published 23 Nov, 2008 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (November 22, 2008).

Published 23 Nov, 2008 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (November 22, 2008).
Published 23 Nov, 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 (November 22, 2008).

Published 23 Nov, 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 (November 22, 2008).

Published 23 Nov, 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 (November 22, 2008).

Published 23 Nov, 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 (November 22, 2008).

Published 23 Nov, 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 23 Nov, 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 23 Nov, 2008 12:00am
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