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Print - 2009-01-06
APHC holds demonstration in front of UN observers' office

APHC holds demonstration in front of UN observers' office

The All Parties Hurriyet Conference Azad Jammu and Kashmir Chapter, held a protest demonstration and sit-in in front of United Nations Observers' Office here on Monday, on the occasion of "self-determination Day", commemorating the UN resolution of Januar
Published 06 Jan, 2009 12:00am
Security beefed up in Multan for Muharram

Security beefed up in Multan for Muharram

Multan Police, as per directives of the CCPO, Syed Saud Aziz, were warned to be on the alert, ordered to deploy additional forces at sensitive places to carry out security checks more effectively during Muharram. The CCPO has appealed to people to co-oper
Published 06 Jan, 2009 12:00am
'Local government system would not be dissolved'

'Local government system would not be dissolved'

Existing local government system would not be dissolved because this system was introduced for decentralisation of power and President Asif Ali Zardari and Prime Minister Syed Yousuf Raza Gilani have already given their verdict that the present local gove
Published 06 Jan, 2009 12:00am
Muharram processions: CDGK spends Rs 30 million on surveillance system

Muharram processions: CDGK spends Rs 30 million on surveillance system

City District Government Karachi (CDGK) has invested Rs 30 million on wireless video surveillance system to ensure security of Muharram processions. Addressing a press conference at "Command & Control (C&C) centre of CDGK here on Monday, City Nazim Syed M
Published 06 Jan, 2009 12:00am
Students protest against Israel, America

Students protest against Israel, America

Students and doctors of Nishtar Medical College Multan on Monday staged a demonstration at Kalima Chowk to condemn the Israeli aggression and United States of America (USA) mysterious silence on the genocide of Palestinians. They were carrying placards an
Published 06 Jan, 2009 12:00am
PPP has no option but to adhere to CoD: PML-N leader

PPP has no option but to adhere to CoD: PML-N leader

Secretary International Affairs of Pakistan Muslim League-Nawaz (PML-N) Sheikh Kaiser Mehmood has said that PPP has no option but to adhere to Charter of Democracy. Mehmood said that restoration of parliamentary system is essential to save country from cr
Published 06 Jan, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
Three killed in road accident

Three killed in road accident

A passenger bus was coming from Faisalabad crushed three motorcyclists near Lodhran. As per details, three persons named Mustafa, Zulfiqar and Shakir were going on motorbike when a passenger bus was coming from the opposite side bound for Sadiqabad crushe
Published 06 Jan, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
Earthquake jolts Islamabad, Peshawar and Lahore

Earthquake jolts Islamabad, Peshawar and Lahore

The earthquake that jolted Islamabad, Peshawar, Lahore and Northern Areas (NA) on Sunday and Monday morning, recorded at 5.9 and 5.7 on Richter scale respectively, were not destructive, but the shocks will continue for one more week, said Director General
Published 06 Jan, 2009 12:00am
The Weather

The Weather

The weather report on Monday (January 05, 2009) and the forecast for Tuesday (January 06, 2009).

Published 06 Jan, 2009 12:00am
NCJP deplores Indian atrocities on minorities

NCJP deplores Indian atrocities on minorities

The National Commission for Justice and Peace (NCJP) strongly condemned the attack on religious minorities especially Christians by Hindu fundamentalists in India.
Published 06 Jan, 2009 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 06 Jan, 2009 12:00am
Diesel shortage hits public transport in Multan

Diesel shortage hits public transport in Multan

The shortage of diesel has adversely affected public transport services in the city. Besides, the shortage has hit hard the farmers, who run tubewells through diesel generator and tractors. As long queues of vehicles and customers at different filling sta
Published 06 Jan, 2009 12:00am
Curb on wedding feasts on the cards

Curb on wedding feasts on the cards

Punjab government is seriously considering chopping the columns of invitees and imposing restriction on serving food in marriage parties beyond the given time and an ordinance in this regard is on the cards. The Central leader, Pakistan Muslim League-N (P
Published 06 Jan, 2009 12:00am
'Zulfiqar Ali Bhutto empowered Pakistan with nuclear capability'

'Zulfiqar Ali Bhutto empowered Pakistan with nuclear capability'

The Foreign Minister, Makhdoom Shah Mehmood Qureshi has said that late Zulfiqar Ali Bhutto was a historical figure, who had made empowered the countrry with nuclear capabilities.Bhutto had panted a forceful plant in the form of PPP, which every dictator t
Published 06 Jan, 2009 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 06 Jan, 2009 12:00am
Traders protest load shedding

Traders protest load shedding

The traders of Mall road, Bedan road, Hall road and its adjacent markets staged protest against unannounced load shedding on Monday at Mall road. The protestors, holding placards and banners chanted slogans against the government and Water and Power Devel
Published 06 Jan, 2009 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 06 Jan, 2009 12:00am
Punjab middle schools speech contest held

Punjab middle schools speech contest held

Punjab Chief Minister's English Divisional Speech Competitions of middle schools were held throughout the Province on Monday where 204 boys and girls students participated. According to the results of the speech competition, Aneeb Akram, City Shalimar Cam
Published 06 Jan, 2009 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 Monday (January 05, 2009).

Published 06 Jan, 2009 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 Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
Any threat to press freedom to be resisted: media bodies

Any threat to press freedom to be resisted: media bodies

The Council of Pakistan Newspaper Editors (CPNE), All Pakistan Newspaper Society (APNS), Pakistan Federal Union of Journalists (PFUJ) and Association of TV Journalists (ATJ) in a joint meeting held on Monday at the CPNE Secretariat strongly condemned the
Published 06 Jan, 2009 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 Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
Appointment of Chief Justice prerogative of President: Attorney General

Appointment of Chief Justice prerogative of President: Attorney General

Attorney General Sardar Muhammad Latif Khosa on Monday said the appointment of the chief justice is a prerogative of the President irrespective of seniority of judges. Talking to media prior to 8th Roll Signing Ceremony of Advocates of Supreme Court, Khos
Published 06 Jan, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
VaR based additional margins on CFS increased to 50 percent

VaR based additional margins on CFS increased to 50 percent

The National Clearing Company of Pakistan Limited (NCCPL) has announced that additional 50 percent VaR based margins would be collected in the form of cash from all CFS Mk-II participants on CFS contracts executed from January 5, 2009.
Published 06 Jan, 2009 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (January 05, 2009) and for Tuesday (January 06, 2009).
Published 06 Jan, 2009 12:00am
VaR based additional margins on CFS increased to 50 percent

VaR based additional margins on CFS increased to 50 percent

The National Clearing Company of Pakistan Limited (NCCPL) has announced that additional 50 percent VaR based margins would be collected in the form of cash from all CFS Mk-II participants on CFS contracts executed from January 5, 2009.
Published 06 Jan, 2009 12:00am
SHC issues notices in application by Mumtaz Bhutto

SHC issues notices in application by Mumtaz Bhutto

The notices were issued to the Advocate General Sindh and Prosecutor General Sindh for Tuesday by a division bench of High Court of Sindh (SHC) comprising Justice Gulzar Ahmed and Justice Syed Pir Ali Shah hearing a criminal revision application seeking q
Published 06 Jan, 2009 12:00am
1000kg of hashish seized

1000kg of hashish seized

A special team of Anti Smuggling Organisation and Maritime Security Agency had foiled the bid of smuggling of 1000 kg fine quality hashish worth Rs 10 million in a joint operation on Sunday. According to a press release issued from Custom Media Cell, a cr
Published 06 Jan, 2009 12:00am
Kundi condoles death of National Assembly official

Kundi condoles death of National Assembly official

Deputy Speaker National Assembly, Faisal Karim Kundi condoled the death of assistant sergeant-at-arms of the National Assembly, Sheikh Abdul Waheed. In a condolence message, the deputy speaker prayed to Allah Almighty to rest the departed soul in eternal
Published 06 Jan, 2009 12:00am
Nation observes Bhutto's 81st birth anniversary

Nation observes Bhutto's 81st birth anniversary

The 81st birth anniversary of country's first directly elected Prime Minister and founder of Pakistan People's Party Zulfiqar Ali Bhutto was observed in Multan and rest of the country on Monday. The birth anniversary of former prime minister of Pakistan w
Published 06 Jan, 2009 12:00am
Six envoys present credentials to Zardari

Six envoys present credentials to Zardari

Ambassadors-designate of Netherlands, Denmark, Japan, Egypt, Yemen and Russian Federation presented their credentials to President Asif Ali Zardari at Aiwan-e-Sadr on Monday. The envoys called on the President separately and presented their credentials. T
Published 06 Jan, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
Group Companies Registration Regulations promulgated

Group Companies Registration Regulations promulgated

The Securities and Exchange Commission of Pakistan (SECP) has promulgated the Group Companies Registration Regulations, 2008 to provide a regulatory framework for the formation of group companies, comprising a holding company and its subsidiaries.
Published 06 Jan, 2009 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 (January 05, 2009).

Published 06 Jan, 2009 12:00am
APCNGA threatens countrywide shutdown of CNG stations

APCNGA threatens countrywide shutdown of CNG stations

All Pakistan CNG Association (APCNGA) has threatened to shutdown all CNG pumps if the government did not roll back the recent decision of increasing gas price. This was stated by Tariq Kandaan, chairman APCNGA at a press conference held at Federation Hous
Published 06 Jan, 2009 12:00am
Normal trading activity resumes

Normal trading activity resumes

It is intimated to all unit-holders of Nafa Stock Fund (NSF), Nafa Multi-Asset Fund (NMF) and Nafa Islamic Multi-Asset Fund (NIMF) that the temporary suspension on the dealing of units has been removed effective January 5, 2009; the normal trading activit
Published 06 Jan, 2009 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
Normal trading activity resumes

Normal trading activity resumes

It is intimated to all unit-holders of Nafa Stock Fund (NSF), Nafa Multi-Asset Fund (NMF) and Nafa Islamic Multi-Asset Fund (NIMF) that the temporary suspension on the dealing of units has been removed effective January 5, 2009; the normal trading activit
Published 06 Jan, 2009 12:00am
SBP governor meets President

SBP governor meets President

Governor State Bank Saleem Raza called on President Asif Ali Zardari here at the Aiwan-e-Sadr on Monday. Advisor to the Prime Minister on Finance Shaukat Tarin and Secretary Finance Waqar Masood Khan were also present in the meeting. The President felicit
Published 06 Jan, 2009 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 (January 05, 2009).

Published 06 Jan, 2009 12:00am
Common trading platform: CCP concludes hearing against KSE

Common trading platform: CCP concludes hearing against KSE

The Competition Commission of Pakistan (CCP) has concluded the hearing against Karachi Stock Exchange (KSE) for not allowing common trading platform to the investors of Lahore and Islamabad stock exchanges, it is learnt.
Published 06 Jan, 2009 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
OMCs margin may be fixed at Rs 1.97 per litre

OMCs margin may be fixed at Rs 1.97 per litre

The government is likely to fix the margin of the oil marketing companies (OMCs) for high speed diesel (HSD) and motor gasoline between Rs 1.46 and Rs 1.97 per litre from January to December 2009. The floor will be at $40 per barrel and ceiling at $80 per
Published 06 Jan, 2009 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
PML-Q rejects unconditional merger with PML-N

PML-Q rejects unconditional merger with PML-N

The Pakistan Muslim League-Q (PML-Q) is not ready to join the Pakistan Mulsim League-Nawaz (PML) unconditionally, as the former has demanded the slots of one vice president, secretary general and two provincial presidents of the party after reunification.
Published 06 Jan, 2009 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
KESC asked reason for not using full production capacity

KESC asked reason for not using full production capacity

Nepra taking notice of a news items published in various newspapers over last few days has asked KESC to explain reasons for not utilising full available capacity from its generating stations as well as power purchased from IPPs.
Published 06 Jan, 2009 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 27TH December, 2008.

Published 06 Jan, 2009 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 27TH December, 2008.

Published 06 Jan, 2009 12:00am
Citizenship, identity of Ajmal Qasab being examined: Rehman

Citizenship, identity of Ajmal Qasab being examined: Rehman

Advisor to Prime Minister for Interior Rehman Malik has said that a letter has been received from Ajmal Qasab, arrested by Indians in Mumbai attacks. He said citizenship and identity of Ajmal Qasab was being minutely examined. Talking to media at the Pass
Published 06 Jan, 2009 12:00am
Professor Zafar Ullah Chaudhry re-elected as CPSP president

Professor Zafar Ullah Chaudhry re-elected as CPSP president

Professor Zafar Ullah Chaudhry has been re-elected as President of the College of Physicians and Surgeons Pakistan (CPSP). He was re-elected in the council meeting of the CPSP in which all 20 members of the council participated. With his re-election, Prof
Published 06 Jan, 2009 12:00am
PMA seeks action against illegal maternity clinics

PMA seeks action against illegal maternity clinics

Pakistan Medical Association (PMA) General Secretary Dr Samreena Hashmi has urged the government to take immediate and stringent action illegal and unregistered maternity clinics, operational in different parts of the country. Talking to newsmen here on M
Published 06 Jan, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
Bone narrow transplant unit at Shifa Hospital inaugurated

Bone narrow transplant unit at Shifa Hospital inaugurated

Managing Director Pakistan Baitulmal (PBM) Zamarud Khan has said that PBM would spend about Rs 0.3 million on each patients undergoing treatment for bone marrow transplantation. He was addressing the inauguration ceremony of bone narrow transplant unit at
Published 06 Jan, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
HRCP condemns arrest of Mumtaz Bhutto

HRCP condemns arrest of Mumtaz Bhutto

The Human Rights Commission of Pakistan (HRCP) has strongly condemned the arrest of the Chairman, Sindh National Front (SNF), Mumtaz Bhutto warned the government that such acts will damage the democratic experiment in the country.
Published 06 Jan, 2009 12:00am
Mumtaz Bhutto granted bail

Mumtaz Bhutto granted bail

Judicial Magistrate, South, Karachi, Syed Nadeem Hussain Shah on Monday admitted bail to Mumtaz Ali Bhutto, Chairman Sindh National Front, in case of alleged attack on newspaper's office in Karachi. According to police, Dr Khair Muhammad lodged FIR (0{009
Published 06 Jan, 2009 12:00am
Protest held against prolonged outages

Protest held against prolonged outages

Most of the shops in Gojra Town remained closed on Monday as a mark of protest against prolonged load shedding. Protestors besieged the office of Faisalabad Electric Supply Company (Fesco) for two hours chanted slogans against officials of Wapda and Pepco
Published 06 Jan, 2009 12:00am
THE RUPEE: currency market firm

THE RUPEE: currency market firm

Firmness prevailed on the currency market on Monday as the rupee held its week-end levels at 79.15 and 79.20 for buying and selling against dollar, dealers said. The rupee managed to keep its level versus the US currency amid dollars' rising demand by the
Published 06 Jan, 2009 12:00am
Power situation better in two third of affected areas

Power situation better in two third of affected areas

With an improvement in supply of electricity to the distribution system, the unannounced load shedding in two third of the affected areas is close to an end and remaining one third area would be cleared by Tuesday (today), sources at Pakistan Electric Pow
Published 06 Jan, 2009 12:00am
THE RUPEE: currency market firm

THE RUPEE: currency market firm

Firmness prevailed on the currency market on Monday as the rupee held its week-end levels at 79.15 and 79.20 for buying and selling against dollar, dealers said. The rupee managed to keep its level versus the US currency amid dollars' rising demand by the
Published 06 Jan, 2009 12:00am
Six PML-N ministers given additional portfolios

Six PML-N ministers given additional portfolios

Punjab government has given additional portfolios to six ministers of the Pakistan Muslim League-Nawaz (PML-N) on Monday. The Cabinet Wing of Punjab Services and General Administration Department has issued a notification, in which Sardar Muhammad Khan Kh
Published 06 Jan, 2009 12:00am
Obama picks Leon Panetta as CIA head

Obama picks Leon Panetta as CIA head

US president-elect Barack Obama has chosen former lawmaker and White House chief of staff Leon Panetta to head the Central Intelligence Agency, US media reported Monday. CNN and Fox News reported that Panetta, who was White House chief of staff for former
Published 06 Jan, 2009 12:00am
Obama picks Leon Panetta as CIA head

Obama picks Leon Panetta as CIA head

US president-elect Barack Obama has chosen former lawmaker and White House chief of staff Leon Panetta to head the Central Intelligence Agency, US media reported Monday. CNN and Fox News reported that Panetta, who was White House chief of staff for former
Published 06 Jan, 2009 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (January 05, 2009).

Published 06 Jan, 2009 12:00am
Youngest chief minister of IoK takes oath

Youngest chief minister of IoK takes oath

Occupied Kashmir's youngest-ever chief minister was sworn in on Monday, promising to heal the wounds of a region hit by two decades of separatist rebellion against Indian rule which has killed thousands. The 38-year-old Omar Abdullah is heir to a politica
Published 06 Jan, 2009 12:00am
Youngest chief minister of IoK takes oath

Youngest chief minister of IoK takes oath

Occupied Kashmir's youngest-ever chief minister was sworn in on Monday, promising to heal the wounds of a region hit by two decades of separatist rebellion against Indian rule which has killed thousands. The 38-year-old Omar Abdullah is heir to a politica
Published 06 Jan, 2009 12:00am
Rice exports cross $1.18 billion mark in six months

Rice exports cross $1.18 billion mark in six months

Pakistan''s rice exports have crossed $1.18 billion mark in the first six months of the current fiscal year. "This is the first time in the country''s history that rice exports have crossed $1 billion mark in six months period", Abdul Rahim Janoo, Chairma
Published 06 Jan, 2009 12:00am