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Sep 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-12-27
Indian shares fall

Indian shares fall

Indian shares fell 2.51 percent on Friday as investors unwound positions on concerns of weak corporate quarterly earnings in January, dealers said. The benchmark 30-share Sensex index fell 239.8 points to 9,328.92, its fourth day of losses.
Published 27 Dec, 2008 12:00am
Dollar rates hold near lows on liquidity

Dollar rates hold near lows on liquidity

Dollar interbank lending rates held near four-year lows in Asia on Friday as credit conditions returned to normal after repeated liquidity injections and interest rate cuts by central banks around the world.
Published 27 Dec, 2008 12:00am
Dollar on track for best yearly rise since 2005

Dollar on track for best yearly rise since 2005

Little stands in the way of the US dollar next week closing out its best yearly performance since 2005, although the final few days of 2008 could feature some bumpy movements as trade thins out. Perhaps ironically, the dollar has been a prime beneficiary
Published 27 Dec, 2008 12:00am
Indian rupee eases

Indian rupee eases

The Indian rupee gave up early gains to end lower on Friday, as a slide in local share prices triggered new concerns of capital outflows. The partially convertible rupee reversed gains to fall to 48.60 per dollar before ending at 48.44/45, 0.8 percent wea
Published 27 Dec, 2008 12:00am
AJK set to observe Benazir's anniversary

AJK set to observe Benazir's anniversary

Arrangements have been finalised to observe the first death anniversary of Benazir Bhutto with full respect and honour in Azad Jammu and Kashmir, PPP sources said. The sources told APP on Friday that Quran Khawani for the departed soul, will be held at al
Published 27 Dec, 2008 12:00am
Death of Salim Gilani condoled

Death of Salim Gilani condoled

The Prime Minister, Yousaf Raza Gilani has expressed immense grief and sorrow over the death of eminent broadcaster, poet and performer, Salim Gilani. The Prime Minister on Friday visited the house of Salim Gilani, where he condoled with the bereaved son
Published 27 Dec, 2008 12:00am
PPP welcomes Nawaz, Elahi meeting

PPP welcomes Nawaz, Elahi meeting

The Pakistan Peoples Party (PPP) is delighted at the meeting reportedly held between the top leadership of the Pakistan Muslim League-Nawaz (PML-N) and Pakistan Muslim League Quaid-e-Azam (PML-Q). The Federal Minister for Parliamentary Affairs, Dr Babar A
Published 27 Dec, 2008 12:00am
Former DAG to file contempt petition against Khairi

Former DAG to file contempt petition against Khairi

A former Deputy Attorney-General (DAG), Abdul Rehman, on Friday announced filing of contempt of court petition against Habib-ul-Wahab Al-Khairi for using abusive language in his application to the Supreme Judicial Council (SJC), and to refer the chairman
Published 27 Dec, 2008 12:00am
SBP accepts bids of Rs 9,000 million

SBP accepts bids of Rs 9,000 million

State Bank of Pakistan on Friday accepted bids of Rs 9,000 million during its Open Market Operation under Outright Sale contract of Government of Pakistan Market Treasury Bills. The bids offered for 7-Days Outright (Mop-up) were of the same amount and the
Published 27 Dec, 2008 12:00am
SBP accepts bids of Rs 9,000 million

SBP accepts bids of Rs 9,000 million

State Bank of Pakistan on Friday accepted bids of Rs 9,000 million during its Open Market Operation under Outright Sale contract of Government of Pakistan Market Treasury Bills. The bids offered for 7-Days Outright (Mop-up) were of the same amount and the
Published 27 Dec, 2008 12:00am
Minister rebuts statement of Mumtaz Bhutto

Minister rebuts statement of Mumtaz Bhutto

Sindh Home Minister Zulfikar Mirza has rebutted newspaper reports, attributed to Mumtaz Ali Bhutto as having said that as per the home minister there remained no need for investigation into the Karsaz tragedy after the death of Benazir Bhutto.
Published 27 Dec, 2008 12:00am
Strict security measures directed

Strict security measures directed

Sindh Home and Forest Minister Dr Zulfiqar Mirza has asked Provincial Police Officer/ Inspector General of Police Sindh to ensure elaborated security arrangements throughout the province for December 27 in accordance with the instructions contained in Blu
Published 27 Dec, 2008 12:00am
Oil above $37 on UAE supply cut, thin trade

Oil above $37 on UAE supply cut, thin trade

Oil climbed in thin post-holiday trade on Friday after the United Arab Emirates said they will deepen supply cuts in line with Opec's biggest-ever output cut announced last week. US crude settled at $37.71 a barrel, up $2.36. London Brent rose $1.84 to $3
Published 27 Dec, 2008 12:00am
Thailand to turn to Middle East to sell sugar

Thailand to turn to Middle East to sell sugar

Thailand, Asia's top sugar exporter, will try to tap mills in the Middle East to offset the loss after its main buyer Indonesia decided to cut imports of raw sugar. There was no bid for Thailand's sugar which was offered at 90 points over New York prices,
Published 27 Dec, 2008 12:00am
Russian government buys 151,605 tonnes of grain

Russian government buys 151,605 tonnes of grain

The Russian government bought a total of 151,605 tonnes of grain on Thursday, the 45th day of intervention tenders aimed at propping up prices, data from the exchange in charge of the tenders showed. The total included 20,385 tonnes of third-grade milling
Published 27 Dec, 2008 12:00am
Russian domestic oil prices fall below $10/barrel

Russian domestic oil prices fall below $10/barrel

Russian domestic oil prices for January delivery eased further on Friday due to a decline in global prices and a domestic oil glut, falling to $7-$9 per barrel for the first time since early 2003, traders said. Oil producers were prepared to sell crude at
Published 27 Dec, 2008 12:00am
US MIDDAY: cocoa flat, coffee up

US MIDDAY: cocoa flat, coffee up

US cocoa was flat in early trade Friday, while arabica coffee inched higher. The action was exceptionally light after the Christmas holiday Thursday, traders said. Arabica coffee for March delivery was up 0.95 cent at $1.09 per lb by 8:48 am EST (1348 GMT
Published 27 Dec, 2008 12:00am
US MIDDAY: sugar slips

US MIDDAY: sugar slips

Raw sugar futures on ICE Futures US at 8:49 am EST (1349 GMT). March raw sugar contract was off 0.17 cent at 10.85 cents per lb. Trading from 10.83 to 11.04 cents. Volume was at 832 lots.
Published 27 Dec, 2008 12:00am
US MIDDAY: corn jumps

US MIDDAY: corn jumps

March corn was up 10 cents to $4.08 a bushel. Rose to seven-week high, with spot month above $4 amid technical buying spurred by concerns about South American crop weather and firmer crude oil.
Published 27 Dec, 2008 12:00am
US MIDDAY: wheat soars

US MIDDAY: wheat soars

March wheat was up 15-1/4 cents at $5.97-1/2 per bushel. Technically strong. Rose to 2-1/2 month high as traders covered short positions. Climbed despite concerns about poor export demand overhang market. This was the fourth straight week sales have been
Published 27 Dec, 2008 12:00am
US MIDDAY: soyabeans higher

US MIDDAY: soyabeans higher

January soyabean futures were up 35-1/4 cents at $9.51 per bushel. Rallied to seven-week top as worries about dryness in South America spurred buying. Higher crude oil also supportive. January soyameal was up $6.60 per ton at $294.50. January soyaoil was
Published 27 Dec, 2008 12:00am
US MIDDAY: copper firms

US MIDDAY: copper firms

US copper futures bounced early Friday from fresh four-year lows made in overnight business, with a weak dollar and broader gains in the precious metals complex providing support in thin holiday activity. Copper for March delivery was up 1.90 cents at $1.
Published 27 Dec, 2008 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

US gold futures edged higher in thin holiday trade early Friday as a slightly weaker dollar against the euro made precious metals a better buy for non-US investors. Gold for February delivery was up 20 cents at $848.20 an ounce by 9:47 am EST (1447 GMT) o
Published 27 Dec, 2008 12:00am
PPP workers leave for Larkana

PPP workers leave for Larkana

Hundreds of Pakistan People's Party (PPP) activists on Friday left for Larkana to participate in 1st death anniversary of their slain leader Mohtarama Benazir Bhutto. The caravan of the party activists led by President PPP Punjab Rana Aftab Ahmed Khan, re
Published 27 Dec, 2008 12:00am
Minister for following Benazir's principles

Minister for following Benazir's principles

Minister for Power and Water Raja Pervez Ashraf said on Friday that the life and services of Shaheed Benazir Bhutto for humanity were the guiding principles and should be followed for the welfare of country. In a message on the first death anniversary of
Published 27 Dec, 2008 12:00am
She aspired for exploitation-free world: Fehmida

She aspired for exploitation-free world: Fehmida

Dr Fehmida Mirza, Speaker, National Assembly, has said that Benazir Bhutto was a visionary, and a stateswoman, and always aspired for a world free from exploitation and discrimination between privileged and underprivileged men and women. She said this in
Published 27 Dec, 2008 12:00am
Punishment to Benazir Bhutto killers demanded

Punishment to Benazir Bhutto killers demanded

PPP activists here in a function held in connection with first death anniversary of late PPP chairperson Benazir Bhutto called for investigation into the suicide bombing-cum-firing incident at Liaquat Bagh that took the life of the popular political leade
Published 27 Dec, 2008 12:00am
PPP strives hard to accomplish mission of Benazir Bhutto: Fouzia

PPP strives hard to accomplish mission of Benazir Bhutto: Fouzia

Member of National Assembly and leader of Pakistan Peoples Party, Fouzia Wahab, on Friday called upon the activists of PPP to strive hard to accomplish the mission of their great leader for cause of the poor. Paying rich tributes to Daughter of the East i
Published 27 Dec, 2008 12:00am
In memory of martyr of democracy

In memory of martyr of democracy

Twenty seventh day of the last month of the last year was really a bad day. It was on that day that we lost a great leader who was known internationally for her restless struggle for democracy and human rights. Mohtarma Benazir Shaheed was the daughter of
Published 27 Dec, 2008 12:00am
Why Benazir Bhutto still lives

Why Benazir Bhutto still lives

It has been one year since Mohtarma Benazir Bhutto was assassinated in broad daylight outside the killing fields of Liaqat Bagh. Like many of us, I never thought I would be visiting her at Garhi Khuda Bux. But like many others, I too am unwilling, or perh
Published 27 Dec, 2008 12:00am
Benazir Bhutto was the voice of the poor: Kaira

Benazir Bhutto was the voice of the poor: Kaira

Benazir Bhutto Shaheed was the "voice" of poor people, and the charismatic leader who wanted to restore complete democracy in the country. Provincial Minister for Finance, Tanvir Ashraf Kaira said on Friday while talking to some delegations of PPP before
Published 27 Dec, 2008 12:00am
Benazir was greatest political figure: Fahim

Benazir was greatest political figure: Fahim

Federal Minister for Commerce Amin Fahim here described Benazir Bhutto on Friday as one of the world's greatest political figures. In a message on the eve of Benazir 's death anniversary, the minister said that the dignity with which she handled herself a
Published 27 Dec, 2008 12:00am
Tears, prayers, flowers...

Tears, prayers, flowers...

Tears, flowers, prayers, candles and slogans marked the day as thousands of PPP workers, loyalists, sympathisers and leaders on Friday thronged Liaquat Bagh to pay tributes to their beloved and charismatic leader Shaheed Benazir Bhutto.
Published 27 Dec, 2008 12:00am
Her martyrdom is a great tragedy for nation: Fakhar

Her martyrdom is a great tragedy for nation: Fakhar

The martyrdom of Mohtarma Benazir Bhutto was a great tragedy for our nation. After the tragic demise of Mohtarma Shaheed, every moment of the history of Pakistan is moving ahead with her sad and agonising memories. These views were expressed by Fakhar Zam
Published 27 Dec, 2008 12:00am
Next two weeks crucial for Indo-Pak relations: Babar Awan

Next two weeks crucial for Indo-Pak relations: Babar Awan

Federal Minister for Parliamentary Affairs Dr Babar Awan while cautioning the public regarding possible Indian aggression against the country, has said the next two weeks are very crucial in this regard. Addressing a hurriedly called press conference here
Published 27 Dec, 2008 12:00am
Sham polls cannot stop Kashmiris' movement: APHC

Sham polls cannot stop Kashmiris' movement: APHC

All Parties Hurriyat Conference (APHC) AJK Chapter in a meeting held on Friday expressed the confidence that holding of sham elections in occupied Kashmir, would not affect the Kashmiris' movement for attaining their legitimate right to self-determination
Published 27 Dec, 2008 12:00am
Quaid-i-Azam's birth anniversary celebrated in New York

Quaid-i-Azam's birth anniversary celebrated in New York

High tributes were paid to sterling leadership of Quaid-e-Azam Mohammad Ali Jinnah at a meeting held here on Thursday to celebrate the 132nd birth anniversary of the Father of the Nation.
Published 27 Dec, 2008 12:00am
Moderate quake jolts coastal areas

Moderate quake jolts coastal areas

A moderate earthquake of 5.5 magnitude felt in the coastal areas of the country here on Friday morning at 2:40am local time, no damage of property or life was reported. According to Met officer Sindh Chief Raiz, an earthquake of 5.5 magnitude struck coast
Published 27 Dec, 2008 12:00am
FPCCI concerned over mining industry decline

FPCCI concerned over mining industry decline

Khursheed Ahmed Jogezai, Vice President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed serious concern over the dying industry of mining in the country. In Balochistan coal mining is the major industry and besides vast-sca
Published 27 Dec, 2008 12:00am
DGFP launches five publications on Quaid-i-Azam

DGFP launches five publications on Quaid-i-Azam

The Directorate General of Films and Publications (DGFP) here on Friday launched 5 publications carrying historical documents, speeches and statements of Quaid-i-Azam Muhammad Ali Jinnah in connection with his birth anniversary.
Published 27 Dec, 2008 12:00am
China keen to help boost Pakistan's economy

China keen to help boost Pakistan's economy

China is keen to help boost Pakistan's economy with closer co-operation in the fields of hydropower generation, hybrid seed development, irrigation and water conservancy.
Published 27 Dec, 2008 12:00am
Railways officials asked to improve standard of dining cars

Railways officials asked to improve standard of dining cars

Federal Railways Minister, Ghulam Ahmed Bilour has directed Railways officials to improve the standard of dining cars in trains for providing good quality food to passengers at reasonable rates. Presiding over a high level meeting at Railways headquarters
Published 27 Dec, 2008 12:00am
19 missing in snow storm located

19 missing in snow storm located

19 people, who went missing in snow-clad Kargil area of occupied Kashmir last week, have been located, said a report reaching here on Friday from across the Line of Control. The report said that some rescuers were called out to different locations and the
Published 27 Dec, 2008 12:00am
EC team leaves for Bangladesh to monitor polls

EC team leaves for Bangladesh to monitor polls

A delegation of senior officers of Election Commission (EC) of Pakistan will visit Bangladesh to observe 9th Parliamentary Elections being held on 29th December, 2008 on the invitation extended by the Chief Election Commissioner of Bangladesh, the commiss
Published 27 Dec, 2008 12:00am
Lawyers to continue struggle for restoration of deposed judges

Lawyers to continue struggle for restoration of deposed judges

Lawyer community is committed to upholding struggle for the restoration of deposed Chief Justice Supreme Court Iftikhar Muhammad Chaudhary along with his other fellow judges. These views were expressed by newly elected President District Bar Association (
Published 27 Dec, 2008 12:00am
Farmers' welfare key to boost agriculture sector

Farmers' welfare key to boost agriculture sector

Agriculture experts underlined the need of educating farmers and making their incomes and welfare the main focus of planning to overcome the challenges faced by the agriculture sector of the country.
Published 27 Dec, 2008 12:00am
Army to be called to maintain peace during Muharram

Army to be called to maintain peace during Muharram

Keeping in view the prevailing situation Pakistan Army would be called to maintain peace and security as well as to avert any untoward incident during the holy month of Muharram-ul-Harram. This was stated by City Police Officer Rao Muhammad Iqbal Khan whi
Published 27 Dec, 2008 12:00am
224 uplift schemes approved in Dera Ghazi Khan

224 uplift schemes approved in Dera Ghazi Khan

The District Development Committee (DDC) has approved 244 development schemes proposed by Tahsil Municipal Administration of Dera Ghazi Khan. Presiding over the meeting of DDC here on Friday, DCO Asdullah said that Rs 133 million would be spent on the app
Published 27 Dec, 2008 12:00am
Rs 2.16 billion approved for PP-287 uplift schemes

Rs 2.16 billion approved for PP-287 uplift schemes

Chief Minister Punjab Mian Muhammad Shahbaz Sharif has approved a grant of Rs 2.16 billion for various development schemes of PP-287 constituency. This was disclosed by Member Punjab Assembly Colonel Naveed Sajjid (Retd) while inaugurating a project of dr
Published 27 Dec, 2008 12:00am
Privatisation policy criticised

Privatisation policy criticised

'The government needs to revisit its privatisation policy by forming of local consortia and ensuring that only loss-making public enterprises are handed over to foreign investors, who start repatriating profits immediately after taking over running units.
Published 27 Dec, 2008 12:00am
Unjust demand

Unjust demand

My daughter is student of Matric (SSC-II) class in a Hyderabad school. She has been forcibly asked for deposit monthly school fee as per the schedule given below:
Published 27 Dec, 2008 12:00am
Serious issues

Serious issues

I want to share my viewpoint, courtesy you newspaper, that our leaders, whether elected or not, do not work for the welfare of the common people. I regret to say that most of them think of their own interests. Our elected leaders should realise how a comm
Published 27 Dec, 2008 12:00am
Illegal rail trolleys move Manila's poor

Illegal rail trolleys move Manila's poor

The illegal trolley ride along Manila's railway is dangerous. But it has an irresistible draw amid hard times: It's cheap and doesn't use oil. For years, dozens of desperate men in Manila's working-class district of Pandacan have used a two-mile (three-ki
Published 27 Dec, 2008 12:00am
Benazir Bhutto: her martyrdom is only the beginning

Benazir Bhutto: her martyrdom is only the beginning

She is resting in timeless peace with all her aspirations and dreams she idealised in her life. But this is our faith that she is still alive because martyrs don't ever die.
Published 27 Dec, 2008 12:00am
A day of sad remembrance

A day of sad remembrance

While the Pakistan People Party workers and leaders have flocked today to Garhi Khuda Baksh to pay homage to Benazir Bhutto on the first anniversary of her brutal assassination, the irreparable loss her passing caused to the body politic of this nation wo
Published 27 Dec, 2008 12:00am
Imaginative plan to boost rice exports

Imaginative plan to boost rice exports

According to a Recorder Report, in a letter addressed to Prime Minister Syed Yousuf Raza Gilani, Rice Exporters Association of Pakistan (REAP) has made a strong case for an effective support to its multi-prong initiative aimed at gainful export of
Published 27 Dec, 2008 12:00am
ST audit by DRRA officials: FBR informs AGP office of PHC decision

ST audit by DRRA officials: FBR informs AGP office of PHC decision

The Federal Board of Revenue (FBR) has approached the Auditor General of Pakistan (AG) for implementation of a Peshawar High Court judgement restraining the external auditors from carrying out inspection/audit of tax records of private companies or privat
Published 27 Dec, 2008 12:00am
Mother allowed custody of 11-year daughter

Mother allowed custody of 11-year daughter

The Lahore High Court while handing over a 11-year girl to her mother, Nazaan Bibi held that a girl during the age of puberty must be kept in the custody of her mother, as she can better understand the needs and requirements of a girl.
Published 27 Dec, 2008 12:00am
Baloch calls on Shahbaz

Baloch calls on Shahbaz

A delegation led by Naib Ameer Jamat-e-Islami, Liaqat Baloch called on Punjab Chief Minister Main Muhammad Shahbaz Sharif at Chief Minister Secretariat, here on Friday. Political issues as well as regional situation came under discussion during the meetin
Published 27 Dec, 2008 12:00am
MPA among two killed in road accident

MPA among two killed in road accident

Member Provincial Assembly from Mardan, Iftikarh Khan Shagai and local PPP leader Pazeer Khan died on Friday in a fatal road accident in Rajanpur district on their way to Ghari Khuda Bakhsh to participate in the first death anniversary of Mohtarma Benazir
Published 27 Dec, 2008 12:00am
Supreme Court disposed of 149 cases from December 20-26

Supreme Court disposed of 149 cases from December 20-26

The Supreme Court disposed of 149 cases whereas 212 new cases were instituted during the period from Saturday December 20, to Friday December 26, 2008. The apex court officials told Business Recorder that the court disposed of 149 cases during this
Published 27 Dec, 2008 12:00am
Criminals' gang busted

Criminals' gang busted

Anti Vehicle Lifting Staff in Lahore have busted a gang arrested three criminals involved in a number of incidents of car stealing and seized four stolen cars from them. The Capital City Police Officer (CCPO), Muhammad Pervez Rathore directed the SP CRO,
Published 27 Dec, 2008 12:00am
LDA bulldozes 30 illegally built platforms

LDA bulldozes 30 illegally built platforms

The staff of the Lahore Development Authority (LDA) have demolished as many as 30 platforms that had been constructed in the frontline of showrooms and offices, in contravention of building regulations, in the area between Akbar Chowk to Jinnah Hospital,
Published 27 Dec, 2008 12:00am
Lahore in grip of cold wave

Lahore in grip of cold wave

The provincial capital is in the grip of cold wave and foggy weather on Friday, which would persist for the next few days. According to the meteorological department here on Friday, continental air is likely to prevail over most parts of the country durin
Published 27 Dec, 2008 12:00am
Integrated water resources seminar on December 29

Integrated water resources seminar on December 29

Deputy Chairman, Planning Commission, Sardar Aseff Ahmad Ali would be chief guest at a seminar on integrated water resources on Monday, December 29, here at a local hotel. The moot entitled "National Roundtable Consultation, Integrated Water Resources and
Published 27 Dec, 2008 12:00am
The Weather

The Weather

The weather report on Friday (December 26, 2008) and the forecast for Saturday (December 27, 2008).

Published 27 Dec, 2008 12:00am
Soomro, Jamali condole Slaeem Gilani's death

Soomro, Jamali condole Slaeem Gilani's death

Senate Chairman Mohammedmian Soomro and Deputy Chairman Senate Jan Muhammad Khan Jamali on Friday expressed their deep grief and sorrow over the demise of Saleem Gilani, former Director General, Radio Pakistan and an eminent broadcaster, poet and scholar,
Published 27 Dec, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (December 26, 2008).

Published 27 Dec, 2008 12:00am
'Government committed to develop marble, granite sector'

'Government committed to develop marble, granite sector'

The Speaker of NWFP Assembly, Karamat Ullah Khan Chagarmatti has said that the despite huge resources of natural stone like marble and granite; unfortunately the country is not benefiting properly from these resources due to lack of modern quarrying and p
Published 27 Dec, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (December 26, 2008).

Published 27 Dec, 2008 12:00am
Rauf Siddiqui inaugurates international book fair

Rauf Siddiqui inaugurates international book fair

Book fairs and exhibitions should be arranged in such an extent that could trigger the quest of knowledge and potential of memory building, which are dying with the passage of time, the Sindh Minister, Industries and Commerce, Rauf Siddiqui said while ina
Published 27 Dec, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 26, 2008).

Published 27 Dec, 2008 12:00am
Supreme Court speeds up disposal of cases

Supreme Court speeds up disposal of cases

The Supreme Court (SC) has disposed of 149 cases instituted 212 from December 20-26 to execute the process of carrying speedy disposal of cases and quick justice to the masses. Earlier, on December 15, the full court meeting of the apex court had resolved
Published 27 Dec, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (December 26, 2008) and for Saturday (December 27, 2008).
Published 27 Dec, 2008 12:00am
Mental ailment rises worldwide after 9/11

Mental ailment rises worldwide after 9/11

Mental illnesses have increased around the world including Pakistan particularly after 9/11, and people are destroying themselves due to mental and psychiatric disorders, which will be the second most common problem after cardiovascular diseases.
Published 27 Dec, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (December 26, 2008).

Published 27 Dec, 2008 12:00am
113 trucks from India cross Wagha border

113 trucks from India cross Wagha border

As many as 113 trucks carrying various items crossed into Pakistan from India through Wagha border on Friday. According to the Customs authorities deputed at Wagha Border, out of these 113 trucks, 10 were carrying biscuits donated by India under Unesco' W
Published 27 Dec, 2008 12:00am
Fleet Commander visits deployed units

Fleet Commander visits deployed units

In the backdrop of current security situation, the Commander Pakistan Fleet Rear Admiral M Asif Sandila SI(M) visited the deployed Fleet units to assess their operational readiness on Friday. While addressing the troops, he expressed his satisfaction on t
Published 27 Dec, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 26, 2008).

Published 27 Dec, 2008 12:00am
SBP issued 730 licences for new bank branches during 2008

SBP issued 730 licences for new bank branches during 2008

The State Bank of Pakistan has issued 730 licences to commercial banks to open new branches/sub-branches in 2008 under its Branch Licensing Policy (BLP). This has been the highest number of licences given by the State Bank in any one year. In 2007, the St
Published 27 Dec, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 26, 2008).

Published 27 Dec, 2008 12:00am
QIE workers protest against load shedding

QIE workers protest against load shedding

The hundreds of industrial workers belonging to the Quaid-e-Azam Industrial Estate (QIE) on Friday lodged a strong protest against Lesco for its failure to maintain uninterrupted power supply to industrial units. They demanded of the Federal Minister for
Published 27 Dec, 2008 12:00am
Pakistan and France agree to enhance defence, economic ties

Pakistan and France agree to enhance defence, economic ties

Pakistan and France have agreed to further enhance defence, economic and cultural relations between the two countries. This was agreed during Pakistan and France Annual Bilateral Consultations held in Paris, says a press release issued by the foreign offi
Published 27 Dec, 2008 12:00am
Sub inspector suspended

Sub inspector suspended

The Regional Police Officer (RPO) Rawalpindi, Nasir Khan Durrani has suspended Sub Inspector (SI), Liaqat Ali for giving undue favour to an accused involved in murder case. A citizen of Rawalpindi, Ghulam Murtaza submitted an application before the RPO pl
Published 27 Dec, 2008 12:00am
THE RUPEE: dollar sharply up

THE RUPEE: dollar sharply up

Rising demand for dollars pushed the rupee sharply lower on the interbank market on Friday as market reopened after observing one-day holiday on account of Quaid-e-Azam birthday anniversary, dealers said. The rupee lost 22 paisa in relation to dollar for
Published 27 Dec, 2008 12:00am
Basir Kazimi's poetic aspects highlighted

Basir Kazimi's poetic aspects highlighted

An introductory ceremony of IInd edition of poetry "Chaman Koi Bhi Ho" of renowned UK based Pakistani poet Basir Sultan Kazimi was held on Friday. The function organised by Rotary Club presided by Intezar Hussain while Shehzad Ahmed was the chief guest.
Published 27 Dec, 2008 12:00am
THE RUPEE: dollar sharply up

THE RUPEE: dollar sharply up

Rising demand for dollars pushed the rupee sharply lower on the interbank market on Friday as market reopened after observing one-day holiday on account of Quaid-e-Azam birthday anniversary, dealers said. The rupee lost 22 paisa in relation to dollar for
Published 27 Dec, 2008 12:00am
Karwan-e-Ilm Foundation to organise awards ceremony

Karwan-e-Ilm Foundation to organise awards ceremony

Karwan-e-Ilm Foundation will organise the All Pakistan Matriculation Awards Ceremony from December 29-December 30 in Lahore. The Chairman, Karwan-e-Ilm Foundation, Senator SM Zafar announced this in a press conference that he held along with the General S
Published 27 Dec, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (December 26, 2008).

Published 27 Dec, 2008 12:00am
AIOU paper postponed to January 21

AIOU paper postponed to January 21

The Federal Government has announced holiday on December 27, on the occasion of first death anniversary of Shaheed Benazir Bhutto. Allam Iqbal Open University announced that the final examinations of December 27, of all papers for spring Semester 2008, ha
Published 27 Dec, 2008 12:00am
Cheating in examination: ACCA takes action against two students

Cheating in examination: ACCA takes action against two students

The ACCA has taken disciplinary action against two students for cheating in examination. According to an ACCA announcement on Friday, the Disciplinary Committee of the ACCA considered an allegation against two students, M Hafeez Saeed of Bahalwalpur and F
Published 27 Dec, 2008 12:00am
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