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Apr 01, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-04-07
Army capable of tackling challenges: Kayani

Army capable of tackling challenges: Kayani

Chief of Army Staff (COAS) General Ashfaq Pervez Kayani has stressed the need for complete unity and joint efforts on national level to meet the challenges of terrorism, extremism and economic problems, the country is facing at present.
Published 07 Apr, 2009 12:00am
Extra US troops will not stop Afghan fighting: Taliban

Extra US troops will not stop Afghan fighting: Taliban

Thousands of extra US troops headed to Afghanistan will not stop the Taliban insurgency but fuel further attacks, the militia said on Monday in a statement directed at the top US military commander. Admiral Mike Mullen told reporters in Kabul on Sunday th
Published 07 Apr, 2009 12:00am
Prime Minister to inaugurate 165 megawatts Attock power plant today

Prime Minister to inaugurate 165 megawatts Attock power plant today

Prime Minister Syed Yousuf Raza Gilani will inaugurate 165 MW Power Plant of Attock Gen Limited today (Tuesday). Being the first power sector venture of the Attock Group of Companies under Power Policy 2002, the plant has a vital significance at this cruc
Published 07 Apr, 2009 12:00am
PTEA condemns bid to withdraw zero-rated sales tax facility

PTEA condemns bid to withdraw zero-rated sales tax facility

Pakistan Textile Exporters Association (PTEA) has condemned the attempt to withdraw zero rated sales tax facility on exports and termed it an act to sabotage national economy and exports of the country.
Published 07 Apr, 2009 12:00am
IDA to provide $200 million for Pakistan SSN DPC

IDA to provide $200 million for Pakistan SSN DPC

International Development Association (IDA) will provide 200 million dollars for "Pakistan Social Safety Nets Development Policy Credit", while government will arrange 425 million dollars to establish an effective social safety net that provides the poor
Published 07 Apr, 2009 12:00am
Bodies of 45 suffocated Afghans repatriated

Bodies of 45 suffocated Afghans repatriated

The bodies of 45 Afghans who suffocated to death in a human smugglers container in Quetta arrived back in Afghanistan on Monday en route to their homes, officials said. The corpses, found in the container on Saturday along with 65 survivors, were driven a
Published 07 Apr, 2009 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (April 06, 2009).

Published 07 Apr, 2009 12:00am
9,430 tractors delivered to farmers so far

9,430 tractors delivered to farmers so far

As many as 9,430 tractors have been delivered to farmers so far against the target of 10,000 under the Green Tractor Subsidy Scheme of the Punjab government. This was disclosed at a high level meeting of the Agriculture Department Punjab with the Minister
Published 07 Apr, 2009 12:00am
Low mercury brings sigh of relief for Pepco

Low mercury brings sigh of relief for Pepco

A downward change in mercury brought a sigh of relief for Pakistan Electric Power Company (Pepco) officials, as the power deficit reduced to 1,012 MW on Monday against a routine deficit of about 2000 MW since the middle of March.
Published 07 Apr, 2009 12:00am
Criminal surrenders, sent to jail on court directive

Criminal surrenders, sent to jail on court directive

The Lahore High Court on Monday handed over the custody of a desperate criminal involved in heinous crimes to police with the directions to send him to jail, after he surrendered himself before the court. Asim Qadir involved in 24 heinous crimes and havin
Published 07 Apr, 2009 12:00am
SSP activists detention: LHC seeks reply from home secretary

SSP activists detention: LHC seeks reply from home secretary

Lahore High Court (LHC) on Monday directed Home Secretary Punjab to decide within seven days the representation of banned Sipha-e-Sahaba member Shabbir Hussain facing second detention order of 90 days without producing him before a review board.
Published 07 Apr, 2009 12:00am
Promotion of senior police officers: IHC briefly extends stay

Promotion of senior police officers: IHC briefly extends stay

The Islamabad High Court here Monday extended for a day the stay on notifications regarding promotions of senior police officers from BPS-20 to 21. The single bench of Justice Amjad Iqbal Qureshi barred the concerned Secretary Establishment Division from
Published 07 Apr, 2009 12:00am
10-member women wing of ANP set up

10-member women wing of ANP set up

ANP Sindh chapter on Monday set up its first ever women wing with a 10-member organising committee. Speaking at a press conference here at Bacha Khan Markaz, President Sindh ANP Shahi Syed announced the formation of party women wing, which will complete i
Published 07 Apr, 2009 12:00am
HCBF team wins GCU inter-varsity debate contest

HCBF team wins GCU inter-varsity debate contest

The Business Accounting and Finance Society of Government College University Lahore hosted 1st Annual Inter-Varsity Debate Contest on current issues pertaining to finance and economics at the Bokhari Auditorium of GCU in which 8 teams participated.
Published 07 Apr, 2009 12:00am
LHC admits petition challenging Hafiz Saeeds detention

LHC admits petition challenging Hafiz Saeeds detention

The Lahore High Court while admitting a petition for regular hearing challenging the detention of Ameer of defunct Jamat-ud-Daawa Hafiz Mohammad Saeed and his Jamats three other leaders Colonel Nazeer Ahmad (Retd), Mufti Abdul Rehman and Ameer Hamza direc
Published 07 Apr, 2009 12:00am
Labour ministry establishes complaints cell

Labour ministry establishes complaints cell

Ministry of Labour and Manpower has established a Complaint Cell at Ministry on the directives of Federal Minister for Labour and Manpower, Syed Khursheed Ahmed Shah.
Published 07 Apr, 2009 12:00am
Dr Ansar becomes chairman of PAEC

Dr Ansar becomes chairman of PAEC

Dr Ansar Parvez took over as Chairman for Pakistan Atomic Energy Commission (PAEC) in a simple and dignified ceremony held at PAEC HQ on Monday. The outgoing Chairman, Anwar Ali, has completed his tenure of appointment.
Published 07 Apr, 2009 12:00am
FBR reviewing e-tax systems to avoid duplication

FBR reviewing e-tax systems to avoid duplication

The Federal Board of Revenue (FBR) is reviewing the electronic income tax and sales tax systems to avoid duplication under one Integrated Tax Management System (ITMS) at the reformed units. Sources told Business Recorder on Monday that the FBR is m
Published 07 Apr, 2009 12:00am
HSBC Bank desirous to get seven percent market share

HSBC Bank desirous to get seven percent market share

Chief Executive Officer Pakistan HSBC Bank, Muhammad Tahir Sadiq has said that although their expansion is slowed down due to global recession but they are desirous to achieve 7 percent market share in next 5 to 10 years.
Published 07 Apr, 2009 12:00am
MUET organises workshop on legal issues in IT for professionals

MUET organises workshop on legal issues in IT for professionals

Institute of Information and Communication Technologies (IICT) Mehrn University of Engineering and Technology (MUET) organised an international workshop on "Legal issues in information technology for Professionals" Professor: Quintin Gee of University of
Published 07 Apr, 2009 12:00am
Ambulance of private hospital stolen

Ambulance of private hospital stolen

An ambulance of a private hospital has been stolen in Islamabad during the night between Sunday and Monday. According to sources, the Ambulance No IDA-7070 belonging to a private hospital in F-8 Markaz was parked in the parking area of the hospital on Sun
Published 07 Apr, 2009 12:00am
Rehman orders revamping of security arrangements

Rehman orders revamping of security arrangements

Advisor to the Prime Minister on Interior Rehman Malik has ordered immediate revamping of the security arrangements throughout the country to avert terrorist attacks. Government is mobilising all resources and channels to cope with the current wave of ter
Published 07 Apr, 2009 12:00am
PPP may defer joining PML-N till Sharifs offer olive branch

PPP may defer joining PML-N till Sharifs offer olive branch

Pakistan Peoples Party (PPP) may defer joining Pakistan Muslim League-Nawaz (PML-N)s government in Punjab until Sharif brothers offer olive branch to PPP, just as Prime Minister, Yousuf Raza Gilani had offered it to PML-N. According to the PPP sources, so
Published 07 Apr, 2009 12:00am
Allegations against Haqqani rejected

Allegations against Haqqani rejected

Pakistan has dismissed the accusations against Pakistans ambassador to the United States Husain Haqqani that he was working against the interests of the country. The Foreign Office on Monday stated that the government had full confidence in the working of
Published 07 Apr, 2009 12:00am
MCCI playing role in formation of different trades clusters

MCCI playing role in formation of different trades clusters

President of Multan Chamber of Commerce & Industry (MCCI) Anis Ahmed Sheikh has said that MCCI was playing a pivotal role in formation of clusters of different trades like fruit & vegetable processing, milk and dairy processing, sheep, goats and milch ani
Published 07 Apr, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 06, 2009).

Published 07 Apr, 2009 12:00am
Collective efforts required to defeat terrorism: Firdous

Collective efforts required to defeat terrorism: Firdous

Minister for Population and Welfare Dr Firdous Ashiq Awan said on Monday that collective efforts from the political forces and civil society can defeat terrorism from the country. Talking to PTV, she said the government, opposition civil society and relig
Published 07 Apr, 2009 12:00am
THE RUPEE: dollar marginally up

THE RUPEE: dollar marginally up

Firm trend was seen on the currency market on Monday as supply position was good, which enabled the rupee not to go down sharply versus dollar, dealers said. On the interbank market the rupee gained two paisa against dollar for buying at 80.53 and it also
Published 07 Apr, 2009 12:00am
Nation urged to support government to root out terrorism

Nation urged to support government to root out terrorism

State Minister for Information and Broadcasting, Syed Sumsam Ali Shah Bukhari has said that the nation should unite and support the government to root out terrorism in the country. He was addressing a seminar on "Role of media for the restoration of Chief
Published 07 Apr, 2009 12:00am
THE RUPEE: dollar marginally up

THE RUPEE: dollar marginally up

Firm trend was seen on the currency market on Monday as supply position was good, which enabled the rupee not to go down sharply versus dollar, dealers said. On the interbank market the rupee gained two paisa against dollar for buying at 80.53 and it also
Published 07 Apr, 2009 12:00am
ZTBL to fund solar, wind power units for farmers

ZTBL to fund solar, wind power units for farmers

Zarai Taraqqiati Bank of Pakistan (ZTBL) would largely fund the installation of solar and wind powered energy plants for farmers across the country in order to help the government to overcome power shortage in the agriculture-sector, said President ZTBL,
Published 07 Apr, 2009 12:00am
Suicide bombers hirers arrested

Suicide bombers hirers arrested

Dera Ghazi Khan police have taken two activists of banned Lashkar-i-Jhangvi in its custody who had hired the suicide bomber from the brazen jihadist Baitullah Mehsud, who is operating along the violent, lawless border between Pakistan and Afghanistan.
Published 07 Apr, 2009 12:00am
Naek condemns public flogging of girl

Naek condemns public flogging of girl

Chairman Senate, Farooq H. Naek has strongly condemned the recent incident of public flogging of a teen age girl in Swat describing it as most barbaric, brutal and unfortunate act. Certain individuals as organisations are resorting to strange actions in t
Published 07 Apr, 2009 12:00am
Pakistan possesses worlds largest salt mines

Pakistan possesses worlds largest salt mines

Pakistan is the only country for having the worlds largest salt mines with proven reserves of about 10 billion ton in three mines including more than 6.687 billion ton only in the Khewra rocky salt mine, located in the area of district Jhelum. Other two s
Published 07 Apr, 2009 12:00am
Punjab Emergency Service rescues over 46,363 victims

Punjab Emergency Service rescues over 46,363 victims

The Director-General of Punjab Emergency Service, Dr Rizwan Naseer, carried out performance review of Rescue 1122 in all major districts of Punjab to ensure uniform standard of the service in all districts. This review also helps in evolving an effective
Published 07 Apr, 2009 12:00am
District coordinators to ensure supply of Roti at Re 1

District coordinators to ensure supply of Roti at Re 1

Punjab government has appointed the district coordinators for food support programme and the Sasti Roti Scheme to ensure supply of good quality and 100 gram weight "Roti" at Rupee One.
Published 07 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Monday (April 06, 2009).

Published 07 Apr, 2009 12:00am
Government urged to devise policy for repatriation of Afghan refugees

Government urged to devise policy for repatriation of Afghan refugees

The government has become a silent spectator and waited only UN High Commissioner for Refugees (UNHCR) for registration and repatriation of Afghan refugees, who are largely responsible for deteriorating countrys law and order situation in the country. Sou
Published 07 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Monday (April 06, 2009).

Published 07 Apr, 2009 12:00am
NPO, FBAATI ink agreement on strategic alliance

NPO, FBAATI ink agreement on strategic alliance

The National Productivity Organisation (NPO) of Federal Ministry of Industries and Production and Federal B. Area Association of Trade and Industry (FBAATI) have recently signed a strategic alliance agreement to promote research oriented activities.
Published 07 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Monday (April 06, 2009).

Published 07 Apr, 2009 12:00am
Arif Habib Investments declares dividend

Arif Habib Investments declares dividend

Arif Habib Investments has declared the dividend for two of its open-end fixed income funds for the month of March 09. Pakistan Income Enhancement Fund (PIEF) has declared a dividend of Rs 1.15 per unit to all unit holders, whose name appeared in the regi
Published 07 Apr, 2009 12:00am
800 trained drivers to be produced under SBBYDP

800 trained drivers to be produced under SBBYDP

The Sindh government would produce 800 highly trained drivers under Shaheed Benazir Bhutto Youth Development Programme (SBBYDP), sources told Business Recorder on Monday. The sources said that the training contract had been awarded to M/s Metsoft w
Published 07 Apr, 2009 12:00am
Government urged to enhance security at hospitals

Government urged to enhance security at hospitals

In spite of making hollow claims and excuses government should take appropriate measures to block the sources of terrorists and suicide bombers to save country, said Senator Talha Mehmood, Chairman, Senate Standing Committee on Interior here on Monday.
Published 07 Apr, 2009 12:00am
Dewan Motors and Hyundai sign MoU

Dewan Motors and Hyundai sign MoU

Dewan Farooque Motors Limited and Hyundai Motor Corporation signed an MOU for progressive manufacturing and distribution of Hyundai commercial vehicles in Pakistan on March 19, 2009. Hyundai-Kia Automotive Group is the worlds fifth largest automobile manu
Published 07 Apr, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 07 Apr, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (April 06, 2009).

Published 07 Apr, 2009 12:00am
Over Rs 1.3 billion tax evasion by hotels detected

Over Rs 1.3 billion tax evasion by hotels detected

The Federal Board of Revenue (FBR) has traced tax evasion of more than Rs 1.3 billion in sales tax by hotels and restaurant industry. After appointing tax officials at big hotels and restaurants, the FBR found that this sector alone had indulged in tax ev
Published 07 Apr, 2009 12:00am
Arif Habib Investments declares dividend

Arif Habib Investments declares dividend

Arif Habib Investments has declared the dividend for two of its open-end fixed income funds for the month of March 09. Pakistan Income Enhancement Fund (PIEF) has declared a dividend of Rs 1.15 per unit to all unit holders, whose name appeared in the regi
Published 07 Apr, 2009 12:00am
Faysal Bank unveils new logo

Faysal Bank unveils new logo

Faysal Bank has unveiled a new look this month and the well known Faysal Bank Octogram has undergone a change. This reflects its objectives to be more customer centric, cost efficient and proactive, elements necessary for the long term growth of any bank.
Published 07 Apr, 2009 12:00am
IFC, ICIL sign agreement for SME training

IFC, ICIL sign agreement for SME training

ICIL signed a co-operation agreement with International Finance Corporation (IFC) for management training in the country specifically with regard to enhancing the management skills of small and medium-sized enterprises (SMEs) under IFCs, Business Edge Pro
Published 07 Apr, 2009 12:00am
Ministry working to expand tax net: Tarin

Ministry working to expand tax net: Tarin

Advisor to the Prime Minister on Finance, Shaukat Tarin has agreed that the current tax base is narrow which puts unnecessary burden on the already taxed and the Finance Ministry is working to expand the tax net.
Published 07 Apr, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Apr, 2009 12:00am
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