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Print - 2009-05-08
'New variety to boost cotton output by 30 percent per acre'

'New variety to boost cotton output by 30 percent per acre'

Federal Minister for Science and Technology, Muhammad Azam Khan Swati on Thursday said that the research and development center has developed new variety of cotton seed which will help increase cotton production by 30 percent per acre.
Published 08 May, 2009 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (May 07, 2009).

Published 08 May, 2009 12:00am
FBR may collect fee on alternative dispute resolution

FBR may collect fee on alternative dispute resolution

The Federal Board of Revenue (FBR) may make it mandatory for the taxpayers to pay some amount of the disputed taxes in advance for resolution of tax disputes under the Alternative Dispute Resolution (ADR) mechanism. Sources told Business Recorder o
Published 08 May, 2009 12:00am
FBR may collect fee on alternative dispute resolution

FBR may collect fee on alternative dispute resolution

The Federal Board of Revenue (FBR) may make it mandatory for the taxpayers to pay some amount of the disputed taxes in advance for resolution of tax disputes under the Alternative Dispute Resolution (ADR) mechanism. Sources told Business Recorder o
Published 08 May, 2009 12:00am
FBR may collect fee on alternative dispute resolution

FBR may collect fee on alternative dispute resolution

The Federal Board of Revenue (FBR) may make it mandatory for the taxpayers to pay some amount of the disputed taxes in advance for resolution of tax disputes under the Alternative Dispute Resolution (ADR) mechanism. Sources told Business Recorder o
Published 08 May, 2009 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (May 07, 2009).

Published 08 May, 2009 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (May 07, 2009).

Published 08 May, 2009 12:00am
Clashes, strike as occupied Kashmir votes

Clashes, strike as occupied Kashmir votes

Indian occupation troops used teargas and batons to disperse rock-throwing protesters in occupied Kashmir as the region voted under tight security and a crippling strike by separatists opposed to New Delhi's rule. Thousands of police and federal troops we
Published 08 May, 2009 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (May 07, 2009).

Published 08 May, 2009 12:00am
Pesticide industry on the verge of collapse: PCPA

Pesticide industry on the verge of collapse: PCPA

Pesticide industry is working day and night in the development of agriculture and its clear proof with the record production of wheat during the current season, however the pesticide industry is being tried to destroy.
Published 08 May, 2009 12:00am
Chief Justice holds reforms responsible for corruption in police

Chief Justice holds reforms responsible for corruption in police

Chief Justice Iftikhar Muhammad Chaudhry on Thursday grilled rampant corruption culture in police and held police reforms responsible for increase in corruption. 'Separation of operational and investigation departments has not served the purpose, rather h
Published 08 May, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (May 07, 2009).

Published 08 May, 2009 12:00am
Fata causing Rs one billion monthly loss to Pepco: managing director

Fata causing Rs one billion monthly loss to Pepco: managing director

Federally Administered Tribal Areas (Fata) is causing colossal monthly loss of Rs 1 billion to Pakistan Electric Power Company (Pepco) and its total arrears have reached Rs 80 billion till date, the newly-promoted Managing Director, Pakistan Electric Powe
Published 08 May, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (May 07, 2009).
Published 08 May, 2009 12:00am
Mir Kamal Mari made Ogra member

Mir Kamal Mari made Ogra member

The Prime Minister has approved the appointment of Mir Kamal Mari as Member (Finance), Oil and Gas Regulatory Authority (Ogra). Mari, belonging from the province of Balochistan, is a graduate in Petroleum and Gas Engineering and has done Master in Busines
Published 08 May, 2009 12:00am
Mir Kamal Mari made Ogra member

Mir Kamal Mari made Ogra member

The Prime Minister has approved the appointment of Mir Kamal Mari as Member (Finance), Oil and Gas Regulatory Authority (Ogra). Mari, belonging from the province of Balochistan, is a graduate in Petroleum and Gas Engineering and has done Master in Busines
Published 08 May, 2009 12:00am
Mir Kamal Mari made Ogra member

Mir Kamal Mari made Ogra member

The Prime Minister has approved the appointment of Mir Kamal Mari as Member (Finance), Oil and Gas Regulatory Authority (Ogra). Mari, belonging from the province of Balochistan, is a graduate in Petroleum and Gas Engineering and has done Master in Busines
Published 08 May, 2009 12:00am
'ZAB said he was being punished for nuclear programme'

'ZAB said he was being punished for nuclear programme'

Former Prime Minister and founder PPP chairman Zulfikar Ali Bhutto had stated before Lahore High Court (LHC) that he was being punished for declining to bow down to American agenda to abandon Pakistan's nuclear programme.
Published 08 May, 2009 12:00am
Afghan academic, former Taliban join presidency race

Afghan academic, former Taliban join presidency race

An internationally respected academic and a veteran of the ousted Taliban regime entered Afghanistan's race for the presidency on Thursday, signing up to contest the landmark August election. The deadline for candidates to register closes on Friday.
Published 08 May, 2009 12:00am
Somali pirates fire at US Navy boat

Somali pirates fire at US Navy boat

Pirates fired small arms weapons at a US naval supply ship during a high-speed chase off the coast of Somalia, the US Navy said Thursday. USNS Lewis and Clark was chased for more than an hour Wednesday morning by two pirate skiffs off Somalia's eastern co
Published 08 May, 2009 12:00am
'ZAB said he was being punished for nuclear programme'

'ZAB said he was being punished for nuclear programme'

Former Prime Minister and founder PPP chairman Zulfikar Ali Bhutto had stated before Lahore High Court (LHC) that he was being punished for declining to bow down to American agenda to abandon Pakistan's nuclear programme.
Published 08 May, 2009 12:00am
CCP issues show-cause notices to TPL, TAAP

CCP issues show-cause notices to TPL, TAAP

Competition Commission of Pakistan (CCP) has issued show cause notices to Takaful Pakistan Limited (TPL) and Travel Agents Association of Pakistan (TAAP). According to a statement, CCP issued show cause notices against their default and travel insurance s
Published 08 May, 2009 12:00am
CCP issues show-cause notices to TPL, TAAP

CCP issues show-cause notices to TPL, TAAP

Competition Commission of Pakistan (CCP) has issued show cause notices to Takaful Pakistan Limited (TPL) and Travel Agents Association of Pakistan (TAAP). According to a statement, CCP issued show cause notices against their default and travel insurance s
Published 08 May, 2009 12:00am
Arabs to seek UN court ruling

Arabs to seek UN court ruling

Arab League foreign ministers said on Thursday that they will ask the UN's International Court of Justice (ICJ) to rule on Israeli "violations" in annexed Arab east Jerusalem. At the end of an extraordinary meeting at Arab League headquarters in Cairo the
Published 08 May, 2009 12:00am
Arabs to seek UN court ruling

Arabs to seek UN court ruling

Arab League foreign ministers said on Thursday that they will ask the UN's International Court of Justice (ICJ) to rule on Israeli "violations" in annexed Arab east Jerusalem. At the end of an extraordinary meeting at Arab League headquarters in Cairo the
Published 08 May, 2009 12:00am
CCP issues show-cause notices to TPL, TAAP

CCP issues show-cause notices to TPL, TAAP

Competition Commission of Pakistan (CCP) has issued show cause notices to Takaful Pakistan Limited (TPL) and Travel Agents Association of Pakistan (TAAP). According to a statement, CCP issued show cause notices against their default and travel insurance s
Published 08 May, 2009 12:00am
Leading economists warn global crisis far from over

Leading economists warn global crisis far from over

A group of prominent economists led by Nobel prize-winner Joseph Stiglitz warned on Thursday the world economic crisis was far from over, and urged rich nations to provide funds to help poorer countries avoid a steep crash.
Published 08 May, 2009 12:00am
FBR amends Sales Tax Special Procedure Rules 2007

FBR amends Sales Tax Special Procedure Rules 2007

The Federal Board of Revenue (FBR) has abolished values fixed for the assessment of sales tax in US dollars on certain steel products including imported billets and re-rollable scrap. In this regard, the FBR has amended the Sales Tax Special Procedure Rul
Published 08 May, 2009 12:00am
FBR amends Sales Tax Special Procedure Rules 2007

FBR amends Sales Tax Special Procedure Rules 2007

The Federal Board of Revenue (FBR) has abolished values fixed for the assessment of sales tax in US dollars on certain steel products including imported billets and re-rollable scrap. In this regard, the FBR has amended the Sales Tax Special Procedure Rul
Published 08 May, 2009 12:00am
FBR amends Sales Tax Special Procedure Rules 2007

FBR amends Sales Tax Special Procedure Rules 2007

The Federal Board of Revenue (FBR) has abolished values fixed for the assessment of sales tax in US dollars on certain steel products including imported billets and re-rollable scrap. In this regard, the FBR has amended the Sales Tax Special Procedure Rul
Published 08 May, 2009 12:00am
Gul sinks Australia

Gul sinks Australia

Paceman Umar Gul recorded the second best figures in international Twenty20 cricket to help fire Pakistan to a seven-wicket win over Australia in the one-off match at Dubai Stadium here on Thursday. The 25-year-old fast bowler took 4-8 in his four-over sp
Published 08 May, 2009 12:00am
Gul sinks Australia

Gul sinks Australia

Paceman Umar Gul recorded the second best figures in international Twenty20 cricket to help fire Pakistan to a seven-wicket win over Australia in the one-off match at Dubai Stadium here on Thursday. The 25-year-old fast bowler took 4-8 in his four-over sp
Published 08 May, 2009 12:00am
Transporters to observe wheel-jam strike today

Transporters to observe wheel-jam strike today

Transporters will observe wheel-jam strike on Friday (today) in the city, as the daylong talks on Thursday between Sindh government and transporters failed to make any headway. According to sources, provincial Transport Minister Akhtar Jadoon tried his le
Published 08 May, 2009 12:00am
Transporters to observe wheel-jam strike today

Transporters to observe wheel-jam strike today

Transporters will observe wheel-jam strike on Friday (today) in the city, as the daylong talks on Thursday between Sindh government and transporters failed to make any headway. According to sources, provincial Transport Minister Akhtar Jadoon tried his le
Published 08 May, 2009 12:00am
Vigilance committees to check wheat procurement

Vigilance committees to check wheat procurement

DCO Saeed Wahlah has constituted vigilance committees to ensure the transparency in wheat purchase process and to keep close check regarding provision of manifold facilities to the growers at the wheat procurement centres.
Published 08 May, 2009 12:00am
Road safety - climate change campaign launched

Road safety - climate change campaign launched

The Institute of Road Safety Traffic Environment Pakistan (IRSTEP) registered member of the world wide body International Association for Driver Education has launched country wide two-year (2009-2010) campaign 'Road Safety- Climate Change' geared to redu
Published 08 May, 2009 12:00am
$154.21 million polio eradication project to start in July

$154.21 million polio eradication project to start in July

Third Partnership for Polio Eradication Project for Pakistan will be launched from next financial year July with a total cost of US $154.21 million with the co-operation of World Bank, Japan International Co-operation Agency (Jica) and World Health Organi
Published 08 May, 2009 12:00am
Leading economists warn global crisis far from over

Leading economists warn global crisis far from over

A group of prominent economists led by Nobel prize-winner Joseph Stiglitz warned on Thursday the world economic crisis was far from over, and urged rich nations to provide funds to help poorer countries avoid a steep crash.
Published 08 May, 2009 12:00am
Leading economists warn global crisis far from over

Leading economists warn global crisis far from over

A group of prominent economists led by Nobel prize-winner Joseph Stiglitz warned on Thursday the world economic crisis was far from over, and urged rich nations to provide funds to help poorer countries avoid a steep crash.
Published 08 May, 2009 12:00am
359 schemes being executed in three districts

359 schemes being executed in three districts

As many as 359 development schemes are being executed in the division which will require an expenditure of Rs 544.5 million. Director Development Irshad Hussain said this on Thursday during a briefing to Divisional Commissioner DG Khan, Hassan Iqbal.
Published 08 May, 2009 12:00am
Cotton sowing must end by May 15: DOA

Cotton sowing must end by May 15: DOA

Cotton sowing must be completed by May 15 because late cultivation may reduce the per acre yield, said District Officer Agriculture (DOA). Talking to journalists here on Thursday, DOA Malik Amjad Iqbal said, "Late sowing would definitely affect the produc
Published 08 May, 2009 12:00am
SIC chief criticises Altaf's remarks

SIC chief criticises Altaf's remarks

Seraiki Inqilabi Council (SIC) chief Muzaffar Hussain Magsi has strongly reacted to the statement of Muttahida Qaumi Movement (MQM) chief Altaf Hussain and has said that there are no training camps of al Qaeda or Taliban in the Seraiki zone. Agencies and
Published 08 May, 2009 12:00am
Wheat procurement in Southern Punjab: middlemen fleecing wheat growers

Wheat procurement in Southern Punjab: middlemen fleecing wheat growers

Though Food Department and Passco have achieved 53 percent of the wheat procurement target in Southern Punjab, the middlemen are still fleecing the farmers of remote and far-flung areas. Beoparis with the financial assistance of some bankers have entered
Published 08 May, 2009 12:00am
DFP unveils digital film studio

DFP unveils digital film studio

Directorate General of Films and Publications (DFP) has established a digital film studio to promote creativity and ensuring a suitable film making atmosphere. This studio is another important achievement of DFP, which would help meet the modern film maki
Published 08 May, 2009 12:00am
Professors' protest irks commuters

Professors' protest irks commuters

Professors' protest call irked commuters as the traffic remained blocked for hours on the Mall road and other arteries here Thursday afternoon. Long traffic jams were witnessed on the Jail Road, Mozang, Davis Road and the Lower Mall as well. The professor
Published 08 May, 2009 12:00am
Apca office-bearers demand raise in salaries

Apca office-bearers demand raise in salaries

All Pakistan Clerks Association (Apca) office-bearers on Thursday called upon the government to revise their salaries commensurate with the price hike. District President Apca Yasin Shahzad said that price hike had raised the cost of living thus their sal
Published 08 May, 2009 12:00am
'Plight of farmers to be raised in Punjab Assembly'

'Plight of farmers to be raised in Punjab Assembly'

Punjab Opposition Leader Chaudhry Zaheer-u-Din said on Thursday that they would strongly debate issue of shortage of gunny bags and non-deliverance of price of wheat to the farmers and their wheat procurement issue in upcoming Punjab Assembly session.
Published 08 May, 2009 12:00am
LHC stays proceedings before civil court

LHC stays proceedings before civil court

Lahore High Court (LHC) stayed the proceedings before a civil court against Security and Exchange Commission of Pakistan (SECP) dismissing its application to be impleaded as a party in suit for declaration of permanent injunction.
Published 08 May, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 08 May, 2009 12:00am
Trade between Pakistan and China exceeded $7 billion during 2008

Trade between Pakistan and China exceeded $7 billion during 2008

Chinese ambassador to Pakistan Lou Zhaohui has said the annual trade between Pakistan and China surpassed $7 billion during 2008 and the figure will reach $15 billion by 2011. He stated this while talking to journalists after addressing the business commu
Published 08 May, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (May 07, 2009).

Published 08 May, 2009 12:00am
Prime Minister briefed about violation of Nizam-e-Adl by TNSM

Prime Minister briefed about violation of Nizam-e-Adl by TNSM

A delegation of MNAs and Senators belonging to Swat, Dir, Buner and Shangla called on Prime Minister, Syed Yousuf Raza Gilani at the PM's House here on Thursday and apprised him of the ground situation in their areas with particular reference to the viola
Published 08 May, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 08 May, 2009 12:00am
Shahid Bhutto calls on Prime Minister

Shahid Bhutto calls on Prime Minister

Federal Minister for Youth Affairs, Shahid Hussain Bhutto called on Prime Minister Syed Yousuf Raza Gilani at the PM's House on Thursday morning. He informed the Prime Minister of the status of National Internship Programme under which 25,000 graduates ha
Published 08 May, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 May, 2009 12:00am
Environmental degradation threatening survival of human beings: Afridi

Environmental degradation threatening survival of human beings: Afridi

The Federal Minister for Environment Hameed Ullah Jan Afridi said that environmental degradation was one of the major issues threatening the survival of human being. "Children are the agent of change therefore we are aiming to involve school children for
Published 08 May, 2009 12:00am
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