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Print - 2009-03-29
THE RUPEE: dollar gains 10 paisa

THE RUPEE: dollar gains 10 paisa

The rupee ended the final session of the week at the dismal note due to strong demand for dollars, losing 10 paisa for buying and selling at 80.50 and 80.55 on the interbank market, currency dealers said. The US currency was dearer as importers were activ
Published 29 Mar, 2009 12:00am
THE RUPEE: dollar gains 10 paisa

THE RUPEE: dollar gains 10 paisa

The rupee ended the final session of the week at the dismal note due to strong demand for dollars, losing 10 paisa for buying and selling at 80.50 and 80.55 on the interbank market, currency dealers said. The US currency was dearer as importers were activ
Published 29 Mar, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
The Weather

The Weather

The weather report on Saturday (March 28, 2009) and the forecast for Sunday (March 29, 2009).

Published 29 Mar, 2009 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Ports world-wide shipping schedule beginning Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Ports world-wide shipping schedule beginning Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (March 28, 2009).

Published 29 Mar, 2009 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 (March 28, 2009).

Published 29 Mar, 2009 12:00am
Shares trading: seller is entitled to take credit of tax withheld: FBR

Shares trading: seller is entitled to take credit of tax withheld: FBR

The members of the stock exchanges are not entitled to take credit of the tax deducted under section 233A of the Income Tax Ordinance, 2001 where the shares traded are not owned by them. The Federal Board of Revenue on Saturday clarified that the members
Published 29 Mar, 2009 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 (March 28, 2009).

Published 29 Mar, 2009 12:00am
Shares trading: seller is entitled to take credit of tax withheld: FBR

Shares trading: seller is entitled to take credit of tax withheld: FBR

The members of the stock exchanges are not entitled to take credit of the tax deducted under section 233A of the Income Tax Ordinance, 2001 where the shares traded are not owned by them. The Federal Board of Revenue on Saturday clarified that the members
Published 29 Mar, 2009 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
Shares trading: seller is entitled to take credit of tax withheld: FBR

Shares trading: seller is entitled to take credit of tax withheld: FBR

The members of the stock exchanges are not entitled to take credit of the tax deducted under section 233A of the Income Tax Ordinance, 2001 where the shares traded are not owned by them. The Federal Board of Revenue on Saturday clarified that the members
Published 29 Mar, 2009 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
Protestors take to streets in Europe ahead of G20 meeting

Protestors take to streets in Europe ahead of G20 meeting

Thousands of people marched in Britain, France, Germany and Italy on Saturday to protest about the economic crisis and urge world leaders to act on poverty, jobs and climate change at a G20 summit next week. Chanting "tax the rich, make them pay", protest
Published 29 Mar, 2009 12:00am
Protestors take to streets in Europe ahead of G20 meeting

Protestors take to streets in Europe ahead of G20 meeting

Thousands of people marched in Britain, France, Germany and Italy on Saturday to protest about the economic crisis and urge world leaders to act on poverty, jobs and climate change at a G20 summit next week. Chanting "tax the rich, make them pay", protest
Published 29 Mar, 2009 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
Shares trading: seller is entitled to take credit of tax withheld: FBR

Shares trading: seller is entitled to take credit of tax withheld: FBR

The members of the stock exchanges are not entitled to take credit of the tax deducted under section 233A of the Income Tax Ordinance, 2001 where the shares traded are not owned by them. The Federal Board of Revenue on Saturday clarified that the members
Published 29 Mar, 2009 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
Protestors take to streets in Europe ahead of G20 meeting

Protestors take to streets in Europe ahead of G20 meeting

Thousands of people marched in Britain, France, Germany and Italy on Saturday to protest about the economic crisis and urge world leaders to act on poverty, jobs and climate change at a G20 summit next week. Chanting "tax the rich, make them pay", protest
Published 29 Mar, 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 Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
$30 billion investment in power sector by 2016 envisaged

$30 billion investment in power sector by 2016 envisaged

President Asif Ali Zardari said on Saturday that 30 billion-dollar investment had been planned for power sector by 2016, of which 20 billion dollars would be contributed by the private sector. Addressing the joint sitting of the Parliament, the President
Published 29 Mar, 2009 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
$30 billion investment in power sector by 2016 envisaged

$30 billion investment in power sector by 2016 envisaged

President Asif Ali Zardari said on Saturday that 30 billion-dollar investment had been planned for power sector by 2016, of which 20 billion dollars would be contributed by the private sector. Addressing the joint sitting of the Parliament, the President
Published 29 Mar, 2009 12:00am
$30 billion investment in power sector by 2016 envisaged

$30 billion investment in power sector by 2016 envisaged

President Asif Ali Zardari said on Saturday that 30 billion-dollar investment had been planned for power sector by 2016, of which 20 billion dollars would be contributed by the private sector. Addressing the joint sitting of the Parliament, the President
Published 29 Mar, 2009 12:00am
Mixed reaction to address

Mixed reaction to address

There was a mixed reaction to the President Asif Ali Zardaris second address to the joint sitting of the Parliament here on Saturday. Commenting on the speech, Pakistan Muslim League (Nawaz) said that the address was good as far as the announcements were
Published 29 Mar, 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 Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
Mixed reaction to address

Mixed reaction to address

There was a mixed reaction to the President Asif Ali Zardaris second address to the joint sitting of the Parliament here on Saturday. Commenting on the speech, Pakistan Muslim League (Nawaz) said that the address was good as far as the announcements were
Published 29 Mar, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 28, 2009).

Published 29 Mar, 2009 12:00am
Prime Minister assures legislators of no drone attacks

Prime Minister assures legislators of no drone attacks

Prime Minister Yousuf Raza Gilani on Saturday assured parliamentarians that there would be no drone attack inside Pakistan, saying that the matter had already been discussed with the US. Addressing a parliamentary party meeting, he said that the governmen
Published 29 Mar, 2009 12:00am
US should help strengthen Pakistani government: WHP

US should help strengthen Pakistani government: WHP

The United State should help strengthen civilian democratic Pakistani government, assist with helicopters, night vision equipment and economic support as part of the overall effort to back the country in rooting out al Qaeda militants from its border area
Published 29 Mar, 2009 12:00am
US should help strengthen Pakistani government: WHP

US should help strengthen Pakistani government: WHP

The United State should help strengthen civilian democratic Pakistani government, assist with helicopters, night vision equipment and economic support as part of the overall effort to back the country in rooting out al Qaeda militants from its border area
Published 29 Mar, 2009 12:00am
Cut in POL prices not likely

Cut in POL prices not likely

The government is unlikely to change petroleum products prices from April 1, 2009 despite the fact that crude oil prices have come down in the international market, sources in Petroleum Ministry told Business Recorder here on Saturday.
Published 29 Mar, 2009 12:00am
Cut in POL prices not likely

Cut in POL prices not likely

The government is unlikely to change petroleum products prices from April 1, 2009 despite the fact that crude oil prices have come down in the international market, sources in Petroleum Ministry told Business Recorder here on Saturday.
Published 29 Mar, 2009 12:00am
Prime Minister assures legislators of no drone attacks

Prime Minister assures legislators of no drone attacks

Prime Minister Yousuf Raza Gilani on Saturday assured parliamentarians that there would be no drone attack inside Pakistan, saying that the matter had already been discussed with the US. Addressing a parliamentary party meeting, he said that the governmen
Published 29 Mar, 2009 12:00am
Cut in POL prices not likely

Cut in POL prices not likely

The government is unlikely to change petroleum products prices from April 1, 2009 despite the fact that crude oil prices have come down in the international market, sources in Petroleum Ministry told Business Recorder here on Saturday.
Published 29 Mar, 2009 12:00am
26 militants killed in Mohmand region

26 militants killed in Mohmand region

Security forces, backed by helicopter gunships and artillery, killed 26 militants in Mohmand region on Saturday, a paramilitary official with knowledge of the operation said. Many militants fled to Mohmand after being driven out of Bajaur. Security forces
Published 29 Mar, 2009 12:00am
26 militants killed in Mohmand region

26 militants killed in Mohmand region

Security forces, backed by helicopter gunships and artillery, killed 26 militants in Mohmand region on Saturday, a paramilitary official with knowledge of the operation said. Many militants fled to Mohmand after being driven out of Bajaur. Security forces
Published 29 Mar, 2009 12:00am
Asia dims the lights for Earth Hour

Asia dims the lights for Earth Hour

Lights went out at Sydneys Opera House and Harbour Bridge on Saturday for Earth Hour 2009, a global event in which landmarks and homes go dark for an hour to highlight the threat from climate change. In Asia, lights at landmarks in China, Singapore, Thail
Published 29 Mar, 2009 12:00am
Nehrus great-grandson arrested

Nehrus great-grandson arrested

Police in northern India on Saturday arrested a great-grandson of the countrys first prime minister, Jawaharlal Nehru, over allegations he made inflammatory comments against Muslims. Police fired in the air and baton-charged a crowd of at least 10,000 of
Published 29 Mar, 2009 12:00am
Pakistanis investments in UAE estate sector amount to Rs 190 billion

Pakistanis investments in UAE estate sector amount to Rs 190 billion

Pakistani businessmen have invested about Rs 190 billion or more than 8.7 billion dirhams in the real estate sector of United Arab Emirates (UAE). This was stated by President of Pak-UAE Business Council, Dubai, Iskandar Sultan while welcoming the visitin
Published 29 Mar, 2009 12:00am
Pakistanis investments in UAE estate sector amount to Rs 190 billion

Pakistanis investments in UAE estate sector amount to Rs 190 billion

Pakistani businessmen have invested about Rs 190 billion or more than 8.7 billion dirhams in the real estate sector of United Arab Emirates (UAE). This was stated by President of Pak-UAE Business Council, Dubai, Iskandar Sultan while welcoming the visitin
Published 29 Mar, 2009 12:00am
Pakistanis investments in UAE estate sector amount to Rs 190 billion

Pakistanis investments in UAE estate sector amount to Rs 190 billion

Pakistani businessmen have invested about Rs 190 billion or more than 8.7 billion dirhams in the real estate sector of United Arab Emirates (UAE). This was stated by President of Pak-UAE Business Council, Dubai, Iskandar Sultan while welcoming the visitin
Published 29 Mar, 2009 12:00am
Militants destroy 12 Nato supplies trucks

Militants destroy 12 Nato supplies trucks

Taliban militants in Pakistan on Saturday destroyed 12 parked trucks, laden with supplies for Nato forces in Afghanistan, during a heavy battle with police, an official said. Police said that fighters, armed with rockets and petrol bombs, besieged the Far
Published 29 Mar, 2009 12:00am
Militants destroy 12 Nato supplies trucks

Militants destroy 12 Nato supplies trucks

Taliban militants in Pakistan on Saturday destroyed 12 parked trucks, laden with supplies for Nato forces in Afghanistan, during a heavy battle with police, an official said. Police said that fighters, armed with rockets and petrol bombs, besieged the Far
Published 29 Mar, 2009 12:00am
Nehrus great-grandson arrested

Nehrus great-grandson arrested

Police in northern India on Saturday arrested a great-grandson of the countrys first prime minister, Jawaharlal Nehru, over allegations he made inflammatory comments against Muslims. Police fired in the air and baton-charged a crowd of at least 10,000 of
Published 29 Mar, 2009 12:00am
Karzai wants Taliban names removed from UN blacklist

Karzai wants Taliban names removed from UN blacklist

Afghan President Hamid Karzai called Saturday on the United Nations to remove from its blacklist the names of Taliban leaders who are not part of al Qaeda, as a first step towards peace talks. Karzai hailed Washingtons new strategy for the "war on terror"
Published 29 Mar, 2009 12:00am
Landmarks go dark for earth hour

Landmarks go dark for earth hour

Major cities and world landmarks plunged into darkness Saturday as a symbolic energy-saving exercise unfolded across the globe, calling for action to avert potentially devastating climate change. The Egyptian pyramids at Giza, the Acropolis in Athens, Nia
Published 29 Mar, 2009 12:00am
Landmarks go dark for earth hour

Landmarks go dark for earth hour

Major cities and world landmarks plunged into darkness Saturday as a symbolic energy-saving exercise unfolded across the globe, calling for action to avert potentially devastating climate change. The Egyptian pyramids at Giza, the Acropolis in Athens, Nia
Published 29 Mar, 2009 12:00am
Prince Nayef moves closer to Saudi throne

Prince Nayef moves closer to Saudi throne

Powerful Interior Minister Prince Nayef bin Abdul Aziz has moved one step closer to the throne of the worlds biggest oil exporter with his promotion to Saudi deputy premier, analysts said on Saturday. Nayef, who for more than 33 years has run the key mini
Published 29 Mar, 2009 12:00am
Prince Nayef moves closer to Saudi throne

Prince Nayef moves closer to Saudi throne

Powerful Interior Minister Prince Nayef bin Abdul Aziz has moved one step closer to the throne of the worlds biggest oil exporter with his promotion to Saudi deputy premier, analysts said on Saturday. Nayef, who for more than 33 years has run the key mini
Published 29 Mar, 2009 12:00am
Sharif brothers petitions hearing to start on March 30

Sharif brothers petitions hearing to start on March 30

A five-member special larger bench of the Supreme Court (SC) will start hearing of review petitions in Nawaz Sharif and Shahbaz Sharif disqualification cases from Monday (March 30) according to the cause list issued by the Fixture Department of the Apex C
Published 29 Mar, 2009 12:00am
Sharif brothers petitions hearing to start on March 30

Sharif brothers petitions hearing to start on March 30

A five-member special larger bench of the Supreme Court (SC) will start hearing of review petitions in Nawaz Sharif and Shahbaz Sharif disqualification cases from Monday (March 30) according to the cause list issued by the Fixture Department of the Apex C
Published 29 Mar, 2009 12:00am
Munawwar Hassan elected Jamaat-i-Islami chief

Munawwar Hassan elected Jamaat-i-Islami chief

Members of Jamaat-i-Islami (JI) have elected Syed Munawwar Hassan as 4th Amir (Chief) of party for next five years ie 2009-14. The election was held through secret ballot and the total number of voters was 23,480 out of which 91.30 percent exercised their
Published 29 Mar, 2009 12:00am
Munawwar Hassan elected Jamaat-i-Islami chief

Munawwar Hassan elected Jamaat-i-Islami chief

Members of Jamaat-i-Islami (JI) have elected Syed Munawwar Hassan as 4th Amir (Chief) of party for next five years ie 2009-14. The election was held through secret ballot and the total number of voters was 23,480 out of which 91.30 percent exercised their
Published 29 Mar, 2009 12:00am
ISPR rejects allegations against ISI

ISPR rejects allegations against ISI

Inter Services Public Relations (ISPR) on Saturday rejected the allegations levelled against the Inter Services Intelligence (ISI) saying that sacrifices rendered by Pakistani forces and intelligence agencies are ample proof of commitment of Pakistan to w
Published 29 Mar, 2009 12:00am
ISPR rejects allegations against ISI

ISPR rejects allegations against ISI

Inter Services Public Relations (ISPR) on Saturday rejected the allegations levelled against the Inter Services Intelligence (ISI) saying that sacrifices rendered by Pakistani forces and intelligence agencies are ample proof of commitment of Pakistan to w
Published 29 Mar, 2009 12:00am
Karzai wants Taliban names removed from UN blacklist

Karzai wants Taliban names removed from UN blacklist

Afghan President Hamid Karzai called Saturday on the United Nations to remove from its blacklist the names of Taliban leaders who are not part of al Qaeda, as a first step towards peace talks. Karzai hailed Washingtons new strategy for the "war on terror"
Published 29 Mar, 2009 12:00am
Ban on pillion riding challenged

Ban on pillion riding challenged

A local NGO challenged the ban on pillion riding in Karachi by filing a constitution petition before Sindh High Court (SHC). The petition was filed by Human Rights Network. The petitioner maintained that ban on pillion riding was being extended without an
Published 29 Mar, 2009 12:00am
PPCBL to provide Rs 2.5 billion loan for Kharif crop

PPCBL to provide Rs 2.5 billion loan for Kharif crop

The Punjab Provincial Co-operative Bank Ltd (PPCBL) will disburse loan amounting to Rs 2.5 billion for Kharif crop 2009. This was announced by Khalid Pervez, Secretary Co-operative, Government of Punjab while addressing a meeting of the field officers fro
Published 29 Mar, 2009 12:00am
Emirates to back Pakistan bid for FTA with GCC

Emirates to back Pakistan bid for FTA with GCC

UAE Minister for Foreign Trade Sheikha Lubna Bin Khalid Al Qasmi has said that the Emirates will support Pakistans quest for seeking free trade agreement (FTA) with the Gulf Co-operation Council (GCC). In an exclusive interview with APP during the recent
Published 29 Mar, 2009 12:00am
Emirates to back Pakistan bid for FTA with GCC

Emirates to back Pakistan bid for FTA with GCC

UAE Minister for Foreign Trade Sheikha Lubna Bin Khalid Al Qasmi has said that the Emirates will support Pakistans quest for seeking free trade agreement (FTA) with the Gulf Co-operation Council (GCC). In an exclusive interview with APP during the recent
Published 29 Mar, 2009 12:00am
Emirates to back Pakistan bid for FTA with GCC

Emirates to back Pakistan bid for FTA with GCC

UAE Minister for Foreign Trade Sheikha Lubna Bin Khalid Al Qasmi has said that the Emirates will support Pakistans quest for seeking free trade agreement (FTA) with the Gulf Co-operation Council (GCC). In an exclusive interview with APP during the recent
Published 29 Mar, 2009 12:00am
UNESCO fellowship award bestowed on Pakistani woman

UNESCO fellowship award bestowed on Pakistani woman

UNESCO-L Oreal Co-sponsored Fellowship for Young Women in Life Sciences 2009 has been awarded to Ishrat Bano of Pakistan. She was amongst fifteen young women selected from all over the world and is the only women selected from the South East Asia Region.
Published 29 Mar, 2009 12:00am
Manchester University awards PhD degree to Pakistani student

Manchester University awards PhD degree to Pakistani student

University of Manchester has awarded PhD degree in computation to a Pakistani student of Bahria University, Shehzad Khalid . Shehzad Khalid son of journalist Hanif Khalid has achieved this remarkable success by attending the university as regular student
Published 29 Mar, 2009 12:00am
PPP in Punjab: Bilawal may bring changes to party ranks

PPP in Punjab: Bilawal may bring changes to party ranks

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari may bring changes in party set up in the province of Punjab, said the party sources. According to the reliable sources, a proposal is under serious consideration of the party leadership to bring
Published 29 Mar, 2009 12:00am
Bilawal meets Gilani

Bilawal meets Gilani

Chairperson Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari on Saturday met Prime Minister Syed Yusuf Raza Gilani at the PM House. During the meeting, party matters as well as the overall political situation in the country came under discussion. Later
Published 29 Mar, 2009 12:00am
Rs five commemorative postage stamp being issued today

Rs five commemorative postage stamp being issued today

Pakistan Post would issue a commemorative postage stamp of five rupees denomination on March 29 in connection with the golden jubilee of Habib Public School Karachi. The multi-coloured five million stamps of 40/40mm size would be issued on the occasion, s
Published 29 Mar, 2009 12:00am