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Print - 2008-12-02
Ban on media coverage of National Assembly bodies' proceedings

Ban on media coverage of National Assembly bodies' proceedings

National Assembly Speaker Dr Fehmida Mirza on Monday banned media from covering the proceedings of the standing committees - a step that is aimed at putting the matter of Chief Justice Abdul Hameed Dogar's alleged involvement in improving his daughter's g
Published 02 Dec, 2008 12:00am
Election for five KSE member directors today

Election for five KSE member directors today

The election to elect five member directors of Karachi Stock Exchange (KSE) would be held here today. Initially 13 nomination papers were filed for the position of five member directors, out of them four candidates had withdrawn their names. The five dire
Published 02 Dec, 2008 12:00am
'NSS rates hike to raise stock market opportunity cost'

'NSS rates hike to raise stock market opportunity cost'

National Saving Scheme (NSS) rates hike would increase the opportunity cost of investment in the stock market, especially in the high dividend yield stocks, analysts said. The Central Directorate of NSS has increased profit rates on NSS for the second tim
Published 02 Dec, 2008 12:00am
Navaid Ghaznavi joins Contract Advertising

Navaid Ghaznavi joins Contract Advertising

Navaid Ghaznavi has joined Contract Advertising as President. He brings over twenty years of advertising experience to the job, with his last assignment being Chief Operating Officer for Circuit/FCB. Navaid has worked extensively on Tapal, Habib Oils, PIA
Published 02 Dec, 2008 12:00am
CDA to cancel NOCs of NPF, PMCHS housing societies

CDA to cancel NOCs of NPF, PMCHS housing societies

The Capital Development Authority (CDA) has warned cancellation of NOCs of National Police Foundation and Pakistan Medical Co-operative Housing Society (PMCHS) for over occupation of land in sector E-11. "The notices have been served after the two societi
Published 02 Dec, 2008 12:00am
Nato shrugs off Afghan supply convoy attack in Pakistan

Nato shrugs off Afghan supply convoy attack in Pakistan

Nato shrugged off on Monday an attack on a convoy transporting supplies for its troops in Afghanistan, saying that the strike on a terminal in Pakistan had not hurt the alliance's operation there. "The attacks that have taken place on Nato supplies, while
Published 02 Dec, 2008 12:00am
Free veterinary treatment camp at Bakkar Mandi

Free veterinary treatment camp at Bakkar Mandi

Vets Care Club (established under the auspices of Vets Care Organisation) is arranging four-day free veterinary treatment camp at Bakkar Mandi, Lahore for providing relief to the sick sacrificial animals from December 03 to 06. The Club has been organisin
Published 02 Dec, 2008 12:00am
Jamat-e-Islami supports call for APC: Qazi

Jamat-e-Islami supports call for APC: Qazi

Jamat-e-Islami Pakistan Amir Qazi Hussain Ahmed has said that they support the idea of calling All Parties Conference (APC) by the government. If it fails to create harmony among the nation then JI will call the APC for the creation of harmony and they wi
Published 02 Dec, 2008 12:00am
Reshuffle in PPP Punjab on the cards

Reshuffle in PPP Punjab on the cards

An organisational reshuffle in Pakistan Peoples Party (PPP) Punjab is on the cards, as the provincial party President is of the view that he would not wait for December 27, the day of martyrdom of Mohtarma Benazir Bhutto, to replace the inefficient leader
Published 02 Dec, 2008 12:00am
Petitions dismissed

Petitions dismissed

The Lahore High Court here on Monday dismissed 12 petitions against reduction in the age of candidates for appointments as educators and observed that the government policy of reducing age limit for the candidates from 45 years to 35 years appear to be ca
Published 02 Dec, 2008 12:00am
LHC set aside Punjab government notification

LHC set aside Punjab government notification

The Lahore High Court (LHC) while accepting petition filed by Zila Nazim Bahawalpur set aside the notification restraining the implementation of the budget approved by the local government. The court observed that the government has exercised powers, whic
Published 02 Dec, 2008 12:00am
Prgmea condemns US customs clearing agents' move

Prgmea condemns US customs clearing agents' move

Pakistan Readymade Garments Manufacturers & Exporters Association (Prgmea) central chairman Jamshaid Hanif has condemned the move of the custom clearing agents at New York seaport to organise clearance of Pakistan exported garment loaded containers from N
Published 02 Dec, 2008 12:00am
Motorway Police introduces new policing culture

Motorway Police introduces new policing culture

The Federal Minister for Communications Dr Arbab Alamgir Khan has said that motorway police has introduced a new policing culture not only in Pakistan but also in the whole Asia. Motorway police training institute, Sheikhupura would be upgraded to interna
Published 02 Dec, 2008 12:00am
Nation ready to foil any aggression: Shujaat

Nation ready to foil any aggression: Shujaat

Pakistan Muslim League-Q President Chaudhry Shujaat Hussein on Monday said that the whole nation is united and fully prepared to foil any aggression. He said this while addressing a meeting of his party leaders held at his residence, here on Monday, sourc
Published 02 Dec, 2008 12:00am
LPG wholesale prices reduced

LPG wholesale prices reduced

LPG wholesale prices have been reduced in various parts of the country on Monday. "This significant reduction in wholesale price is being made to facilitate end-consumers of LPG across Pakistan," said Fasih Ahmed, speaking on behalf of Lub Gas and Mehran
Published 02 Dec, 2008 12:00am
The Weather

The Weather

The weather report on Monday (December 01, 2008) and the forecast for Tuesday (December 02, 2008).

Published 02 Dec, 2008 12:00am
Entrepreneurs assured of TDAP's continuous support

Entrepreneurs assured of TDAP's continuous support

Director Cluster Development Project, Trade Development Authority of Pakistan (TDAP) Lahore Sajid Hussain while giving a detailed presentation on the concept of cluster development in industry has said that new clusters in the trade policy have been inclu
Published 02 Dec, 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 02 Dec, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (December 01, 2008).

Published 02 Dec, 2008 12:00am
PTA not to attend Chennai leather show for security reasons

PTA not to attend Chennai leather show for security reasons

In the backdrop of increasing security risk in India, the Pakistani leather manufacturers have decided to cancel their participation in the four-day Chennai international leather exhibition to be held from January 31, 2009.
Published 02 Dec, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (December 01, 2008).

Published 02 Dec, 2008 12:00am
Medicines smuggling from India rampant: PCRA

Medicines smuggling from India rampant: PCRA

Pakistan Chemists Retailers Association (PCRA) on Monday alleged that smuggling of medicines from India is continuing unabated and putting negative effects on the country's economy. The PCRA Chairman Ishaq Mayo further alleged that some registered medical
Published 02 Dec, 2008 12:00am
Kashf Micro Finance Bank being launched today

Kashf Micro Finance Bank being launched today

The Kashf Holding Company along with other investors like IFC, Shorecap Executive, World Women Bank and Triodos are launching Kashf Micro Finance Bank Limited here on Tuesday. State Bank of Pakistan Governor Dr Shamshad Akhtar would inaugurate the banks o
Published 02 Dec, 2008 12:00am
Criminals' gang busted, three held

Criminals' gang busted, three held

Investigation Police Shalimar have busted a gang of criminals involved in a number of incidents of street crimes and arrested its three members and seized cell phones and illegal weapons from them. The accuseds have confessed to number of incidents of str
Published 02 Dec, 2008 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 02 Dec, 2008 12:00am
Speakers call for legislation to prevent HIV spread

Speakers call for legislation to prevent HIV spread

Speakers at a seminar called for bringing the professions of beauticians, barbers and hairdressers under the category of trade license to prevent the spread of HIV through the professionals related to these fields. The moot, held to mark the World's AIDS
Published 02 Dec, 2008 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 02 Dec, 2008 12:00am
Essay writing, debate contest winners announced

Essay writing, debate contest winners announced

EDO Educat-ion Abdush Shakoor Anjum announced the results of declamation and essay writing contests of Tehsils Kabirwala and Mian Channu on Monday. He said from among primary school contestants in Tehsil Mian Channu, Syed Mubasharuddin stood first, among
Published 02 Dec, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (December 01, 2008).

Published 02 Dec, 2008 12:00am
'Government urged to release HEC's fund for quality education'

'Government urged to release HEC's fund for quality education'

Former finance minister Sartaj Aziz has said that for imparting quality education, special emphasis should be on research and establishment of centres for applied research. He said that quality is something, which was a continuous process because creation
Published 02 Dec, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (December 01, 2008) and for Tuesday (December 02, 2008).
Published 02 Dec, 2008 12:00am
Chughtai elected Abad chairman

Chughtai elected Abad chairman

Babar Mirza Chughtai, Saleem Zaki and Abdul Rehim Naqi have been elected unopposed as Chairman, Vice Chairman, and Chairman Southern Region of Association of Builders and Developers of Pakistan (Abad) respectively.
Published 02 Dec, 2008 12:00am
15th convocation of Indus Valley School of Art and Architecture

15th convocation of Indus Valley School of Art and Architecture

The 15th Convocation of the Indus Valley School of Art and Architecture will take place on Saturday, December 06, 2008 at the IVS Campus located in Block 2, Scheme 5, Clifton, Karachi. Samina Raees Khan the Executive Director will conduct the convocation
Published 02 Dec, 2008 12:00am
Tarin to inaugurate management convention today

Tarin to inaugurate management convention today

The Adviser to the Prime Minister on Finance and Revenue, Shaukat Tarin would be the chief guest at the inaugural session of the 11th Management Convention of the Management Association of Pakistan being held in Karachi on Tuesday. Over 30 business and co
Published 02 Dec, 2008 12:00am
LCD, Plasma TV imports: NTC examining duty reduction

LCD, Plasma TV imports: NTC examining duty reduction

The National Tariff Commission (NTC) is examining a proposal of local industry to reduce customs duty on import of Liquid Crystal Display Panel (LCD), Plasma TVs and parts/components under the Pakistan Customs Tariff (PCT 2008-2009). Pakistan Electronics
Published 02 Dec, 2008 12:00am
Doctor Fida joins Khyber Medical University

Doctor Fida joins Khyber Medical University

Dr Fida Muhammad Khan has joined Khyber Medical University (KMU) Hayatabad, Peshawar as Project Director, Institute of Public Health and Social Sciences. Dr Fida is PhD in Health Care Management from Washington International University USA. He got his MBB
Published 02 Dec, 2008 12:00am
NED winter vacation from December 3

NED winter vacation from December 3

The winter vacation at the NED University of Engineering and Technology Karachi will commence from December 03, instead of December 02. This was announced in a statement of the Registrar of the institution on Monday. It pointed out that December 02 will b
Published 02 Dec, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (December 01, 2008).

Published 02 Dec, 2008 12:00am
ICMC observes AIDS Day

ICMC observes AIDS Day

Islamabad College of Management and Commerce (ICMC) organised an event to mark the World AIDS Day, in collaboration with World Bank and Integrated Health Services, here on Monday. Aim of the function was to create awareness among nations and particularly
Published 02 Dec, 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 Monday (December 01, 2008).

Published 02 Dec, 2008 12:00am
KESC introduces ' Engineering Qualification Allowance'

KESC introduces ' Engineering Qualification Allowance'

The management at Karachi Electric Supply Company (KESC) has introduced an 'Engineering Qualification Allowance (EQA)', as part of initiative to encourage professionalism within its ranks.
Published 02 Dec, 2008 12:00am
Akbar elected Pisma chairman

Akbar elected Pisma chairman

Akbar Abdullah has been elected Chairman Pakistan Iron and Steel Merchant Association (Pisma). During the annual general body meeting of Pisma the members have also elected Anwer Jessani as vice chairmen. Tariq Irshad, Hanif Sabuwala, Irshad Mouujee, Abdu
Published 02 Dec, 2008 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (December 01, 2008).

Published 02 Dec, 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 Monday (December 01, 2008).

Published 02 Dec, 2008 12:00am
PIA completes pre-Haj operations today

PIA completes pre-Haj operations today

Pakistan International Airlines (PIA) will complete its pre-Haj operations as last Haj flight from Benazir Bhutto International Airport carrying last batch of 468 Hujjaj will leave for Jeddah on Tuesday.
Published 02 Dec, 2008 12:00am
Call for strategy to counter Indian propaganda

Call for strategy to counter Indian propaganda

Pakistan Muslim League (N) Provincial Joint Secretary, Khawaja Mohammad Idrees has criticised India for its blame game and propaganda against Pakistan and termed the Mumbai incidents a result of internal situation there. Talking to APP here on Monday, the
Published 02 Dec, 2008 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (December 01, 2008).

Published 02 Dec, 2008 12:00am
PML-N urges India to continue peace process

PML-N urges India to continue peace process

Pakistan Muslim League-Nawaz has asked India not to make Pakistan scapegoat of its security lapse after Mumbai attacks and continue dialogue process aimed at finding solution of conflicts between the two countries. The PML-N Central Secretary Finance Muha
Published 02 Dec, 2008 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (December 01, 2008).

Published 02 Dec, 2008 12:00am
Awareness to bring down population growth urged

Awareness to bring down population growth urged

All institutions should promote awareness among the masses about bringing down the population growth rate, as it is vital for the national development and overall economic progress. Otherwise there would not be food autarky, non-availability of clean wate
Published 02 Dec, 2008 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (December 01, 2008).

Published 02 Dec, 2008 12:00am
High prices of sacrificial animals keeping buyers away

High prices of sacrificial animals keeping buyers away

Though the Eid-ul-Azha is just seven days away, sky-rocketing prices of sacrificial animals accompanied with rising inflation is seriously affecting the sale of the animals in Multan and other parts of southern Punjab. As Eid approaches nearer, a large nu
Published 02 Dec, 2008 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (December 01, 2008).

Published 02 Dec, 2008 12:00am
65,000 applications received under BISP: Farzana

65,000 applications received under BISP: Farzana

More than 65,000 applications have so far been received under Benazir Income Support Programme out of them 17,001 have been processed, Chairperson, BISP, Farzana Raja said on Monday. The preparation for the disbursement of funds for the programme is in fi
Published 02 Dec, 2008 12:00am
Qureshi urges Indian media to act responsibly

Qureshi urges Indian media to act responsibly

Foreign Minister Shah Mehmood Qureshi has urged the Indian media to act very responsibly, avoid blame games to defuse the tension as there is a need to rise above the occasion and join hands to face the threat and menace of terrorism. He said, Pakistan is
Published 02 Dec, 2008 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 22ND November, 2008.

Published 02 Dec, 2008 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 22ND November, 2008.

Published 02 Dec, 2008 12:00am
International Day of Disabled Persons on December 3

International Day of Disabled Persons on December 3

Like all parts of world, International Day of Disabled Persons will also be observed in the country on Wednesday (December 3) with an aim to promote an understanding of disability issues and mobilise support for the dignity, rights and well-being of perso
Published 02 Dec, 2008 12:00am
Railways shelves marriage coach project

Railways shelves marriage coach project

Pakistan Railways has shelved the marriage coach project and decided to use these coaches as normal class train owing to lack of interest by the people due to high cost. "We have decided to turn these coaches into ordinary class train as the people were l
Published 02 Dec, 2008 12:00am
Barclays donates over Rs 4.5 million for TCF schools

Barclays donates over Rs 4.5 million for TCF schools

Barclays Bank Pakistan has announced its commitment to support schools established by The Citizens Foundation (TCF) - a non-profit organisation in Pakistan providing affordable quality education through 530 school units in urban slums and rural areas acro
Published 02 Dec, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 01, 2008).

Published 02 Dec, 2008 12:00am
Three PML-F leaders join Sindh Cabinet

Three PML-F leaders join Sindh Cabinet

Sindh Governor Dr Ishratul Ibad on the advice of Chief Minister Sindh Syed Qaim Ali Shah has appointed Imamuddin Shauqeen, Imtiaz Ahmed Shaikh and Babar Leghari of Pakistan Muslim League-Functional as advisors to the chief minister with immediate effect.
Published 02 Dec, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 01, 2008).

Published 02 Dec, 2008 12:00am
Transporters of twin cities declined to cut fare

Transporters of twin cities declined to cut fare

The transporters of the twin cities have not reduced fare in the wake of substantial cut in the prices of petrol and diesel, depriving commuters of benefiting from this handsome decrease, revealed a survey conducted by this scribe on Monday. The transport
Published 02 Dec, 2008 12:00am
Minister shows dissatisfaction over performance of law enforcers

Minister shows dissatisfaction over performance of law enforcers

While Sindh Assembly elected the long-awaited standing committees on Monday, Home Minister Dr Zulfiqar Mirza showed his dissatisfaction over the performance of law enforcers who, he said, had been notified with a "shoot-at-sight order on display of arms t
Published 02 Dec, 2008 12:00am
Ministry refuses to double fund: TCP starts buying cotton

Ministry refuses to double fund: TCP starts buying cotton

The Commerce Ministry has given green signal to Trading Corporation of Pakistan (TCP) for buying cotton on high priority basis from ginners at Rs 3,202 per maund, aimed to stabilise prices in the market, sources in the Corporation said. While the Finance
Published 02 Dec, 2008 12:00am
THE RUPEE: bullish trend

THE RUPEE: bullish trend

Steady trend was observed in the interbank market on Monday as the rupee posted fresh gain of five paisa against dollar for buying and selling, respectively, at 78.75 and 78.80, dealers said. The rupee retained its firmness due to strong supply of dollars
Published 02 Dec, 2008 12:00am
KESC may get duty relief on import of power generation plant

KESC may get duty relief on import of power generation plant

The Karachi Electric Supply Corporation (KESC) is likely to be granted exemption from customs duty on temporary import of power generation plants, despite the fact that it is now a private entity, sources in Ministry of Water and Power told Business Re
Published 02 Dec, 2008 12:00am
THE RUPEE: bullish trend

THE RUPEE: bullish trend

Steady trend was observed in the interbank market on Monday as the rupee posted fresh gain of five paisa against dollar for buying and selling, respectively, at 78.75 and 78.80, dealers said. The rupee retained its firmness due to strong supply of dollars
Published 02 Dec, 2008 12:00am
Diplomatic channels with India fully operational: foreign office

Diplomatic channels with India fully operational: foreign office

Pakistan on Monday said that diplomatic channels with India are fully operational and Pakistan High Commissioner in New Delhi and Indian High Commissioner in Islamabad held meetings with the officials of the foreign ministries of the two countries.
Published 02 Dec, 2008 12:00am
Rajpar elected PSAA chief

Rajpar elected PSAA chief

Mohammed A Rajpar and M H Khokhar have been elected as a chairman and vice chairman of Pakistan Ship's Agents Association (PSAA) for the year 2008-09 respectively. The "EOGM" for new managing committee of the PSAA was held here on Monday at a local hotel
Published 02 Dec, 2008 12:00am
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