News Archives for Print - 2009-07-10

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Print - 2009-07-10

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 09, 2009).

Published 10 Jul, 2009 12:00am

National Commodity Exchange Trading Summary

National Commodity Exchange Limited Trading Summary on Thursday (July 09, 2009).

Published 10 Jul, 2009 12:00am

Complexities of medical treatment in India claim two Pakistanis' lives

Pakistani patients coming to India for treatment of different ailments are facing heavy odds as two women died within a span of ten days under difficult situation who came here for liver transplant surgeries. Besides seeking treating for other diseases, t

Published 10 Jul, 2009 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Thursday (July 09, 2009).

Published 10 Jul, 2009 12:00am

Programme for small farmers launched in Sindh

Federal government has provided Rs 1607.012 million for providing training and latest agriculture input technology to small farmers to enhance per acre yield and increase their income with collective market mechanism and small agro business interventions

Published 10 Jul, 2009 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (July 09, 2009).

Published 10 Jul, 2009 12:00am

Admiral Giampaolo meets military top brass

Chairman of the Nato Military Committee, Admiral Giampaolo Di Paola, who is on an official visit to Pakistan, met with senior military officials on Thursday and discussed matters of professional interest.

Published 10 Jul, 2009 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (July 09, 2009).

Published 10 Jul, 2009 12:00am

ITP to launch Radio FM 92.4

Islamabad Traffic Police will formally launch FM 92.4 radio service test transmission shortly in order to educate the citizens about the importance of traffic rules and their compliance by the road users to ensure the safety on roads. This was stated by t

Published 10 Jul, 2009 12:00am

Poultry Rates

Wholesale poultry rates on Thursday (July 09, 2009) and for Friday (July 10, 2009).

Published 10 Jul, 2009 12:00am

Hike in POL products prices: no supporters of Presidential Ordinance: survey

In a survey carried out by Business Recorder in Islamabad there were no supporters of the Presidential Ordinance that renamed the carbon levy as petroleum levy and raised prices of petroleum products to July 1, 2009 level. There was general discont

Published 10 Jul, 2009 12:00am

Pakistan becomes third largest rice exporting country: TDAP

Trade Development Authority of Pakistan (TDAP) Chief Executive Syed Muhaibullah Shah has said that Pakistan becomes the third largest rice exporting country in the world. Talking to a private news channel, he said Pakistan was the 12th largest rice produc

Published 10 Jul, 2009 12:00am

Import of 397 items: hike in duties to increase smuggling

The increase in customs duty, from 5% to 35%, and the levy of maximum regulatory duty on the import of 397 items, in the budget, for the financial year, 2009-10, would increase imports under the Afghan Transit-Trade Agreement (ATT), depriving Pakistan of

Published 10 Jul, 2009 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 09, 2009).

Published 10 Jul, 2009 12:00am

Indonesian songs, dances enthrall audience

The traditional Indonesian songs and cultural shows enthralled gathering in the Indonesian Embassy here on Wednesday at a social programme organised as part of preparation to celebrate the upcoming 64th Independence Day of Indonesia.

Published 10 Jul, 2009 12:00am

LME official prices

The following were Wednesday official prices.

Published 10 Jul, 2009 12:00am

RTO revenue collection till June-end amounts to Rs 49.820 billion

The Regional Tax Office (RTO), Lahore, has collected Rs 49.820 billion up to 30th June, 2009 under income tax, sales tax and Federal excise duty, showing an overall increase of 26 percent over the last year. According to sources in the Lahore RTO on Thurs

Published 10 Jul, 2009 12:00am

LME official prices

The following were Wednesday official prices.

Published 10 Jul, 2009 12:00am

Pepco upgrades power distribution system in Sindh

Pakistan Electric Power Company has put in substantial efforts to execute a comprehensive system upgradation and infrastructure development plan in urban and rural areas of Sindh. Hyderabad Electric Supply Company (Hesco) has been tasked to implement gove

Published 10 Jul, 2009 12:00am

LME official plastics prices

The following were Wednesday official prices.

Published 10 Jul, 2009 12:00am

Terrorists commander Umarzada, accomplices killed in Sakhra valley: explosive laboratory destroyed

Security forces have unearthed and destroyed one explosive laboratory during search operation in Tiligram valley of Swat while many terrorists, including notorious commander Umarzada of Sakhra valley, were killed and 13 other arrested during the ongoing o

Published 10 Jul, 2009 12:00am

LME official plastics prices

The following were Wednesday official prices.

Published 10 Jul, 2009 12:00am

Government to support private sector to fulfil noble objectives: Swati

Federal Minister for Science and Technology Mohammad Azam Khan Swati has expressed the government's firm resolve to support the private sector in fulfilling the noble objectives and supporting the people at the grassroots level.

Published 10 Jul, 2009 12:00am

ANP demands Fata's merger with NWFP

Awami National Party (ANP) President Asfandyar Wali Khan MNA demanded of the federal government to merge the Federally Administered Tribal Area (FATA) into the North-West Frontier Province (NWFP). Briefing the media after the meeting of the Central Workin

Published 10 Jul, 2009 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (July 09, 2009).

Published 10 Jul, 2009 12:00am

UK assures support in getting GSP Plus arrangement from EU: Miliband meets Zardari, Gilani

British government would extend full support to Pakistan in getting GSP Plus arrangement from the European Union and for initiating negotiations on free trade agreement, said British Foreign Secretary David Miliband, here on Thursday.

Published 10 Jul, 2009 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (July 09, 2009).

Published 10 Jul, 2009 12:00am

Car manufacturers involved in black marketing: Wattoo

Minister for Industries and Production, Manzoor Ahmad Wattoo said on Thursday that car manufacturers are involved in black marketing and the National Assembly's Standing Committee has taken serious note of this situation. After the meeting, talking to med

Published 10 Jul, 2009 12:00am

Power: HUB POWER COMPANY LIMITED - Analysis of Financial Statements Financial Year 2002 - 2003 Q 2009

The Hub Power Company (Hubco) operates and maintains an oil-fired thermal plant, with a capacity of 1200 megawatts. The company provides around 6 percent of the country's total electricity production. It also carries out the business of distribution and s

Published 10 Jul, 2009 12:00am

165,000 temporary employees of public sector regularised

The present government, in pursuance of the directives and wishes of Shaheed Mohtarma Benazir Bhutto have regularised the services of over 165,000 temporary employees of public sector.

Published 10 Jul, 2009 12:00am

Power: HUB POWER COMPANY LIMITED - Analysis of Financial Statements Financial Year 2002 - 2003 Q 2009

Published 10 Jul, 2009 12:00am

MCC places 60 top exporters in 'gold category'

Model Customs Collectorate (MCC), Faisalabad, has placed 60 top exporters of the region in 'gold category' while one in 'silver category' for dispensing of expeditious duty drawback claims. The rebate claims of other exporters are also being sanctioned qu

Published 10 Jul, 2009 12:00am

THE RUPEE: dollar gains five paisa more

Bearish sentiment persisted on the interbank market on Thursday as the rupee fell five paisa more against dollar for buying and selling at 81.75 and 81.80, dealers said. Strong demand for dollars kept the rupee in drifting position and it appeared that if

Published 10 Jul, 2009 12:00am

Textile industry needs energy to keep wheels moving

Textile industry needs energy to keep its wheel moving in order to feed banks, provide jobs to labourers, produce surplus exports and generate revenues for the national exchequer. The textile sector's total electricity consumption has reduced to 80MW besi

Published 10 Jul, 2009 12:00am

THE RUPEE: dollar gains five paisa more

Published 10 Jul, 2009 12:00am

Mirwaiz reiterates demand of Indian troops' withdrawal

The Chairman of All Parties Hurriyet Conference, Mirwaiz Umar Farooq has said that talks with New Delhi will be only held when draconian laws are revoked and withdrawal of India troops materialises in occupied Kashmir.

Published 10 Jul, 2009 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (July 09, 2009).

Published 10 Jul, 2009 12:00am

Nadra wins Nigeria's civil registration project

The National Database and Registration Authority (Nadra) has won the Nigeria's civil registration project by beating the international IT firms from USA, UK, Germany and India in the bid, APP learnt here on Thursday. The Nigerian government invited IT fir

Published 10 Jul, 2009 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Thursday (July 09, 2009).

Published 10 Jul, 2009 12:00am

Miliband, Nawaz discuss bilateral ties

British Foreign Secretary David Miliband called on Pakistan Muslim League-Nawaz (PML-N) Quaid Mian Nawaz Sharif on Thursday and discussed bilateral relations between the two countries. Miliband said that he saw greater political consensus in Pakistan on c

Published 10 Jul, 2009 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 09, 2009).

Published 10 Jul, 2009 12:00am

Pakistan facing challenges squarely: Babar Awan

Underscoring the serious economic and security challenges facing Pakistan, the visiting Parliamentary Affairs Minister, Senator Babar Awan, has urged Pakistani-Americans to create a strong lobbying group capable of influencing public opinion as well as th

Published 10 Jul, 2009 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 09, 2009).

Published 10 Jul, 2009 12:00am

ST collectorate processes Rs 1,285 million refund claims

Local sales tax collectorate has processed refund claims of Rs 1285 million for the financial year ended June 30, 2009. Collector Sales Tax, Faisalabad, Syed Zulfiqar Ali Kazmi said this in a meeting with leading textile exporters at Pakistan Textile Expo

Published 10 Jul, 2009 12:00am

Building a knowledge-based economy?

Some of the contents of the approach paper for Pakistan's tenth 5-year plan were recently published by a Lahore based newspaper. The approach paper recognises the key role of "knowledge" in economic growth and prosperity of Pakistan and will help set the

Published 10 Jul, 2009 12:00am

Apps a nail in coffin of broadcast mobile TV

For years it was the talk of the wireless industry: beaming television to the world's four billion cellphones would be the icon of the digital age. Now, just three letters are hastening the demise of that vision. App. Short for "application", the programs

Published 10 Jul, 2009 12:00am

'Not for profit'!

Will some body please enlighten me what precisely is meant by a not for profit institution? There are many, specially educational institutions set up by collecting donations by con artists from all and sundry under the garb of being do gooders. They then

Published 10 Jul, 2009 12:00am

Altaf's open letter to Chief Justice

Altaf Hussain in an open letter to the Chief Justice of Pakistan has made an earnest appeal to initiate legal proceedings against those influential persons who obtained loans of billions of rupees but did not repay it. Instead they manoeuvred to get these

Published 10 Jul, 2009 12:00am

Partly Facetious: PPP must win the hearts and minds of IDPs

"What in the world was David Miliband up to?"

Published 10 Jul, 2009 12:00am

Clash on petrol prices: three lawyers, SHO injured

Three senior lawyers including SHO Police station Kotwali were injured, when employees of PSO petrol pumps burst over the Lawyers over the petroleum prices dispute, here on Thursday morning. Lawyers fraternity observed boycotts of City Court and observed

Published 10 Jul, 2009 12:00am

CDA set to launch water conservation plan

Capital Development Authority (CDA) is all set to launch "water conservancy management plan" in order to meet the growing demands of drinking water of the residents of the Federal Capital. "The programme has already been approved by Chairman, CDA, Imtiaz

Published 10 Jul, 2009 12:00am

PLPA appeals to transfer teachers to hometown from Balochistan

Punjab Lecturers and Professors Association (PLPA) has appealed again to the federal government to transfer the Punjabis teachers to their hometown from Balochistan, as they were being targeted in different areas where Pakistan flag is not allowed to hois

Published 10 Jul, 2009 12:00am

Government wants respectable return of IDPs: Wattoo

Minister for Industries and Production, Mian Manzoor Wattoo has said the government wants respectable return of IDPs to their respective areas. Talking to a private TV channel, he said the government will provide all required items to IDPs on their return

Published 10 Jul, 2009 12:00am

Pakistan, Germany sign MoU on clean development mechanism

Pakistan and Germany on Thursday signed a Memorandum of Understanding (MoU) on Clean Development Mechanism (CDM) at a ceremony held at the German Ministry for the Environment, Nature Conservation and nuclear safety. The MoU was signed by Ambassador Shahid

Published 10 Jul, 2009 12:00am

The costs of carbon Legislation

In two of his recent op-eds for the New York Times, Nobel laureate Paul Krugman has challenged critics of the government's intentions to regulate carbon dioxide emissions, and he has even specifically endorsed the pending Waxman-Markey bill which includes

Published 10 Jul, 2009 12:00am

Constitution committee meets

Provincial Committee set up for amendments and reforms in the constitution met at Chief Minister House on Wednesday night with Chief Minister Qaim Ali Shah in the chair. The meeting was attended by legal expert and former Governor Kamal Azfar, Senior PPP

Published 10 Jul, 2009 12:00am

Nepal wants to establish economic, trade ties with Pakistan

Nepal wants to establish reasonable business and economic ties with Pakistan, expressed Ambassador of Nepal, Bala Bahadur Kunwar, on the eve of a meeting held within the Faisalabad Chamber of Commerce and Industry. Both nations should take steps for mutua

Published 10 Jul, 2009 12:00am

'Drive against spurious drugs, quackery to be launched'

Chairman Chief Minister Task Force for Prevention of Spurious Drugs and Quackery Abdul Rehman Rana MPA has said that a full-fledged and comprehensive campaign was being initiated to eradicate spurious drugs and quackery system from the division.

Published 10 Jul, 2009 12:00am

'Local government system to be reviewed and amended'

Minister for Local Government and Rural Development Abdul Razzaq A Thahim on Thursday said the LG system was purely provincial subject to be reviewed by introducing some necessary amendments under the Article 32, to remove the visible deficiencies and mak

Published 10 Jul, 2009 12:00am

Revamped Children Ward, OPD at PolyClinic inaugurated

State Minister for Health Chaudhry Muhammad Afzal Sindhu inaugurated the revamped Children Ward and Children OPD of the Federal Government Services Hospital (PolyClinic), a pilot project of Ufone's Child Healthcare initiative on Thursday.

Published 10 Jul, 2009 12:00am

10,000 families to be given houses free of cost: Qaim

Sindh Chief Minister Syed Qaim Ali Shah has said that some 10,000 families would be given houses free of cost during the current year. He chaired a meeting held at Chief Minister House on Thursday and reviewed the free housing project for homeless familie

Published 10 Jul, 2009 12:00am

300-bed hospital being set up at Bahawalpur

A 300-bed hospital would be established at Bahawalpur, which would have modern health care facilities. According to Commissioner Bahawalpur, Muhammad Mushtaque Ahmad, a district headquarters hospital would be established in Bahawalpur. He said that record

Published 10 Jul, 2009 12:00am

Balochistan government to upgrade 217 schools

The Balochistan government has decided to award scholarships to hundreds of students of the province under Shaheed Benazir Bhutto Scholarship Programme for which Rs 76 million have been allocated. According to sources in the Education and Finance Departme

Published 10 Jul, 2009 12:00am

US envoy visits IDP camp complex at Jalozai

US Ambassador Anne W. Patterson on Thursday visited the Jalozai camp complex in Nowshera district where 120,000 internally displaced persons (IDPs) are currently receiving humanitarian relief from the United States channelled through both the Government o

Published 10 Jul, 2009 12:00am

IDPs for more visa debit card distribution centres

Internally Displaced Persons (IDPs) have urged upon the concerned authorities to set up more centres for distribution of visa debit card as one centre could not cater to the existing needs. Talking to APP here, Farmanullah of Dir said that they were facin

Published 10 Jul, 2009 12:00am

Biztek condoles Professor Syed's death

The Rector, along with the faculty of the Institute of Business and Technology (Biztek) has condoled the death of professor Syed Mumtaz Saeed, a senior educationist and a distinguished visiting member of faculty of the institute.

Published 10 Jul, 2009 12:00am

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on July 07, 2009.

Published 10 Jul, 2009 12:00am

Governor inaugurates country's first parking plaza

Accompanied by Nazim Karachi Syed Mustafa Kamal, Sindh Governor Dr Ishratul Ibad Khan on Thursday inaugurated country's first multi-storeyed parking plaza in Saddar which has a capacity to park 700 cars and 500 motorcycles at a time. Speaking on the occas

Published 10 Jul, 2009 12:00am

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on July 07, 2009.

Published 10 Jul, 2009 12:00am

Seminar on aviation safety today

The International Society of Air Safety Investigators (ISASI) and Royal Aeronautical Society (Pakistan Division) are co-hosting a seminar on 'Aviation Safety in Pakistan', sponsored by Pakistan International Airline (PIA) today in Multan. According to a P

Published 10 Jul, 2009 12:00am

The Weather

The weather report on Thursday (July 09, 2009) and the forecast for Friday (July 10, 2009).

Published 10 Jul, 2009 12:00am

Sarkozy to visit Pakistan for finalising global partnership accord

The French President Nicolas Sarkozy will visit Pakistan by the end of this year to finalise an agreement of global partnership under which access of Pakistani businesses to the global market would be further strengthened besides advancement in the techno

Published 10 Jul, 2009 12:00am

Presidential Ordinance: transporters announce wheel-jam strike on July 14

The city transporters have announced to observe a complete wheel-jam strike on July 14, 2009 against the Presidential Ordinance to maintain the parliamentary decision regarding 17 per cent hike in petroleum products. However, on Tuesday the apex court sus

Published 10 Jul, 2009 12:00am

Financial constrains cited: Centre refuses to give timeframe for completion of LEW project

The federal government has refused to give any timeframe for the completion of much-delayed Lyari Expressway (LEW) project citing financial constrains. This important project was to be completed in 2007. Addressing a press conference at National Highway A

Published 10 Jul, 2009 12:00am

HBL to introduce new products

Head of Retail and Commercial Lending Habib Bank Limited (HBL) Mubashar Maqbool said that the bank was going to introduce some new products, including a small financing scheme for small businesses Speaking at a meeting of the Karachi Chamber of Commerce a

Published 10 Jul, 2009 12:00am

KSE members asked to provide Proprietary UIN

The Karachi Stock Exchange (KSE) has asked all the members to provide their Proprietary UIN to Clearing House of the exchange up to July 13. In a notice issued here on Thursday, the KSE informed that the related system for the Client Level Margining has b

Published 10 Jul, 2009 12:00am

'Empowering women plays key role in economic development'

Empowering women plays a key role towards the economic development of Pakistan, as over 50 percent country's population comprises women. This was stated by Rehana G Ali Memon, Special Secretary, (Technical) Planning and Development Department, Government

Published 10 Jul, 2009 12:00am

KSE asked to submit Net Capital Balance certificate

The Karachi Stock Exchange (KSE) has asked all the members to ensure that the certificate of Net Capital Balance as on June 30, 2009 is submitted before September 30.

Published 10 Jul, 2009 12:00am

Indonesia invites traders for exhibition

Indonesia has invited Pakistani traders for the October exhibition so that bilateral trade between both countries can grow. According to a press release issued here on Thursday, Indonesian Consul General Mustaqeem while addressing the traders at the main

Published 10 Jul, 2009 12:00am

$2 billion proposed deal for purchase of 27 aircraft: TIP seeks clarification from PIA regarding procurement rules' violation

Transparency International Pakistan (TIP) would declare as "mis-procurement" in case Pakistan International Airlines goes ahead with its US $2 billion deal at list price with Airbus and Boeing, bypassing the Public Procurement Rules (PPR) 2004, for the pu

Published 10 Jul, 2009 12:00am

Industrialists refuse to pay municipal charges to CDGK

Industrialists have refused to pay utility bills for municipal charges issued by the City District Government Karachi (CDGK) to the industries in SITE area. Their stand is that they are already paying for the utility services to SITE Ltd as they fall in i

Published 10 Jul, 2009 12:00am

Decision regarding e-filing of IT returns as mandatory criticised

Speakers at a seminar on Thursday criticised the decision regarding e-filing of income tax returns as mandatory requirement for Association of Persons (AoPs) and registered sales-tax payers from ongoing fiscal year. They were speaking at a seminar on Fina

Published 10 Jul, 2009 12:00am

PGJDC organises gemstone identification, grading course

Pakistan Gems and Jewellery Development Company (PGJDC) has organised a two-week gemstone identification and grading course at its Gems and Jewellery Training and Manufacturing Centre (GJTFMC) in Lahore. The training course started on 7th July and would c

Published 10 Jul, 2009 12:00am

Surge in India's defence outlay: cause of concern

The Indian budget for 2009-10 has created much furore in the Pakistani press. The reason is the Congress (I) government's decision to increase its outlay on defence by a hefty 24 percent. This, understandably, must have sent shivers up the spine of the Pa

Published 10 Jul, 2009 12:00am

Russia becomes party to Afghan conflict

Twenty years after a humiliating defeat in Afghanistan, Moscow is once again looking in that direction; this times as an ally of its erstwhile tormentor, the United States. Under an agreement signed at the Kremlin during President Obama's visit, the Unite

Published 10 Jul, 2009 12:00am

Thar coal project

The Sindh government and Engro Chemicals Limited have agreed to form a joint venture for the development of Thar coal mining and power generation. The proposal to develop Thar coal for power generation, with reserves estimated at 850 trillion cubic feet (

Published 10 Jul, 2009 12:00am

London cocoa jumps on El Nino worries

September cocoa settled 38 pounds higher at 1,700 pounds a tonne on Thursday, having touched a three-week high of 1,719 pounds a tonne earlier. The market staged a late rally on worries over the potential impact from the El Nino weather pattern on crops.

Published 10 Jul, 2009 12:00am

Serious disagreement between executive, judiciary over hike: POL products'' prices raised again through Presidential Ordinance

The President of Pakistan has promulgated Petroleum Development Levy (Amendment) Ordinance-2009 by substituting the words "carbon surcharge" the words "petroleum levy" and it shall come into force at once. Following is the text of the Ordinance issued on

Published 10 Jul, 2009 12:00am

New crop arrivals euphoria grips cotton market

Since the last several weeks, a state of ferment has seized the domestic market where a number of assessments are projecting the incoming cotton crop (2009-2010) to deliver exceptionally high output arising out of phenomenally high acreage planted in Punj

Published 10 Jul, 2009 12:00am

Carbon tax in budget a wrong decision: Asim

Advisor to the Prime Minister on Petroleum Dr Asim Hussain has accepted that the inclusion of carbon tax in the 2009-10 Federal budget was "technically" a wrong decision on the part of the government.

Published 10 Jul, 2009 12:00am

No surprises seen for cotton market in USDA data

Cotton market analysts said Wednesday they are not expecting major changes or surprises when the US Agriculture Department releases its monthly supply/demand report at the end of the week. USDA will hand out its data Friday at 8:30 am EDT (1230 GMT).

Published 10 Jul, 2009 12:00am

BoE keeps rate at 0.5 percent

The Bank of England on Thursday said it had decided to keep its key interest rate at a record-low 0.5 percent and maintain the amount of money it is pumping into markets to boost lending. "The Bank of England''s Monetary Policy Committee today voted to ma

Published 10 Jul, 2009 12:00am

Malaysian tin lower

Malaysian tin fell 5 percent to its lowest in 9 weeks on Thursday, weighed by oversupply and a sharp decline in London Metal Exchange prices, one dealer said.

Published 10 Jul, 2009 12:00am

Rehabilitation cost: PC-1 of Mangla raising project to be revised

The Federal government is to revise PC-1 of Mangla Dam raising project to justify additional financial cost that was paid to the affectees over and above the original estimates, well-informed sources in Water and Power Ministry told Business Recorder <

Published 10 Jul, 2009 12:00am

US rice futures mixed

US rice futures on the Chicago Board of Trade ended mixed and range-bound on Wednesday amid quiet trade. July rice, now in delivery and thinly traded, closed 2-1/2 cents lower at $12.42-1/2 per cwt. More actives September ended up 4 at $12.55. The weaknes
Published 10 Jul, 2009 12:00am

Rehabilitation cost: PC-1 of Mangla raising project to be revised

The Federal government is to revise PC-1 of Mangla Dam raising project to justify additional financial cost that was paid to the affectees over and above the original estimates, well-informed sources in Water and Power Ministry told Business Recorder <
Published 10 Jul, 2009 12:00am

Tokyo rubber futures steady

Key Tokyo rubber futures held steady above a two-week low on Thursday as economic worries kept investors risk-averse, while the yen's gains kept bullish players away as a stronger yen reduces the dollar value of yen-based futures. The key Tokyo Commodity
Published 10 Jul, 2009 12:00am

New York sugar closes higher

Raw sugar futures finished firmer Wednesday on investor short-covering and trade buying as the market's ability to hold a key area of support spurred a recovery in the sweetener, brokers said. The contract moved between 16.75 and 17.28 cents. Volume trade
Published 10 Jul, 2009 12:00am

June-July CPI inflation surges by 20.77 percent

The CPI inflation for June-July 2008-09 surged by 20.77 percent as compared to the same period of last year, reveals official figures of Federal Bureau of Statistics, released here on Thursday. Official monthly figures on inflation, however, showed substa
Published 10 Jul, 2009 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / May 15

281.68

USD PKR Interbank Buying / May 15

281.43

USD to Japanese Yen / May 15

145.80

USD to Swiss Franc / May 15

0.84

Pound Sterling to USD / May 15

1.33

Euro to USD / May 15

1.12

UK LIBOR % / May 14

4.96

Stock Volume

S&P 500 / May 14

5,892.58

Nasdaq / May 14

19,146.81

Dow Jones / May 14

42,051.06

India Sensex / May 15

80,937.53

Tokyo Nikkei / May 15

37,755.51

Hang Seng / May 15

23,453.16

FTSE 100 / May 15

8,561.58

Germany DAX 30 / May 15

23,462.44

France CAC40 / May 15

7,814.71

Item Value

Karachi Cotton PKR/37.32 KG / May 14

16,985

Gold 10 Grams PKR / May 14

293,124

Petrol/Litre / May 15

252.63

Crude Oil USD/Barrel / May 15

60.66

Gold Spot USD/Ounce / May 15

3,162.99

Diesel/Litre / May 15

256.64

Cotton US¢/pound / May 15

65.21

Gainers
Losers
Leaders

Stock Price

Cres.Star Ins. / May 15

Crescent Star Insurance Limited(CSIL)

3.02

▲ 0.41 (15.71%)

Parmount Sp. / May 15

Paramount Spinning Mills Limited(PASM)

3.70

▲ 0.46 (14.2%)

Ghani Chemworld / May 15

Ghani Chemworld Limited(GCWL)

9.14

▲ 1 (12.29%)

S.G.Power / May 15

S.G. Power Limited(SGPL)

8.65

▲ 0.94 (12.19%)

Premier Insurance / May 15

Premier Insurance Limited(PINL)

5.83

▲ 0.63 (12.12%)

Dewan Mushtaq / May 15

Dewan Mushtaq Textile Mills Limited(DMTM)

9.83

▲ 1 (11.33%)

Hala Enterprise / May 15

Hala Enterprises Limited(HAEL)

13.26

▲ 1.21 (10.04%)

P.T.C.L. / May 15

Pakistan Telecommunication Company Ltd(PTC)

22.06

▲ 2.01 (10.02%)

Flying Cement / May 15

Flying Cement Company Limited(FLYNG)

49.46

▲ 4.5 (10.01%)

Octopus Digital / May 15

Octopus Digital Limited(OCTOPUS)

52.09

▲ 4.74 (10.01%)

Stock Price

Olympia Mills / May 15

Olympia Mills Limited(OML)

50.47

▼ -5.06 (-9.11%)

Hussain Industries / May 15

Husein Industries Limited(HUSI)

26.65

▼ -2.64 (-9.01%)

Apna Microfin. / May 15

Apna Microfinance Bank Limited(AMBL)

10.04

▼ -0.91 (-8.31%)

Askari Life Assur. / May 15

Askari Life Assurance Company Limited(ALAC)

4.63

▼ -0.35 (-7.03%)

Imperial Limited / May 15

Imperial Limited(IML)

16.52

▼ -1.23 (-6.93%)

B. F. Mod. / May 15

B.F. Modaraba(BFMOD)

8.73

▼ -0.61 (-6.53%)

Punjab Oil / May 15

Punjab Oil Mills Limited(POML)

186.82

▼ -11.54 (-5.82%)

Equity Modaraba / May 15

First Equity Modaraba(FEM)

2.85

▼ -0.16 (-5.32%)

Pakgen Power / May 15

Pakgen Power Limited(PKGP)

114.14

▼ -6.39 (-5.3%)

Ashfaq Textile / May 15

Ashfaq Textile Mills Limited(ASHT)

12.34

▼ -0.68 (-5.22%)

Stock Volume

Pak Refinery / May 15

Pakistan Refinery Limited(PRL)

50,818,876

▲ 2.68

Cnergyico PK / May 15

Cnergyico PK Limited(CNERGY)

47,570,881

▲ 0.48

K-Electric Ltd. / May 15

K-Electric Limited(KEL)

40,246,546

▲ 0.16

Kohinoor Spining / May 15

Kohinoor Spinning Mills Limited(KOSM)

32,888,417

▲ 0.18

At-Tahur Ltd. / May 15

At-Tahur Limited(PREMA)

29,667,657

▲ 4.48

Sui South Gas / May 15

Sui Southern Gas Company Limited(SSGC)

25,344,612

▲ 0.91

Waves Corporation / May 15

Waves Corporation Limited(WAVES)

21,773,148

▲ 0.29

Pak Petroleum / May 15

Pakistan Petroleum Limited(PPL)

16,962,449

▲ 3.34

B.O.Punjab / May 15

The Bank of Punjab(BOP)

16,957,410

▲ 0.15

WorldCall Telecom / May 15

Worldcall Telecom Limited(WTL)

16,572,822

▲ 0.03

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Hike in prices of petrol, diesel likely

Pakistan, India talks in Saudi Arabia likely

NJLI Sarmaya Growth Fund Rates

Amendments to net-metering rules: Power Div. set to resubmit its proposal to ECC

Pakistan’s economy pulled off ‘macroeconomic miracle’ in past two years: Barron’s

Meeting scheduled for 15-16th: PD to brief IMF on CDMP, subsidy and carbon levy law

KSE-100 Index gains over 1% to close all-time high

Gold price per tola falls Rs2,300 in Pakistan

PM Shehbaz sets up panel for petroleum sector reforms

Amendments to net-metering rules: Power Div. set to resubmit its proposal to ECC

NJLI Sarmaya Growth Fund Rates

Pakistan’s economy pulled off ‘macroeconomic miracle’ in past two years: Barron’s

IMF talks begin today

Pakistan, Russia agree to establish new steel mills in Karachi

Pakistan receives second tranche of $1.02bn from IMF, confirms SBP

Success of Chinese jets against India raises alarm in Asia: report

Sindh govt to provide ‘easy loans’ to small, medium businesses

Housing finance schemes: Pakistan govt ready to offer 100% guarantees to banks

Hike in prices of petrol, diesel likely

NJLI Sarmaya Growth Fund Rates

Amendments to net-metering rules: Power Div. set to resubmit its proposal to ECC

Gold price per tola falls massive Rs10,400 in Pakistan

Housing finance schemes: Pakistan govt ready to offer 100% guarantees to banks

Pakistan’s economy pulled off ‘macroeconomic miracle’ in past two years: Barron’s

Success of Chinese jets against India raises alarm in Asia: report

Buying rally continues at bourse, KSE-100 settles with nearly 1,300-point gain

Sindh govt to provide ‘easy loans’ to small, medium businesses

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03