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Apr 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-07-11
World Population Day today

World Population Day today

World Population Day is observed on July 11 over the world including Pakistan to reaffirm the human right to plan a family. It encourages activities to create awareness about the importance of family planning throughout the world. This day also tries to s
Published 11 Jul, 2009 12:00am
Gold higher in US

Gold higher in US

Gold futures ended higher on Thursday as a sharp fall of the dollar against the euro boosted bullion's appeal as a currency hedge, but weak investment demand amid lower inflation expectations could still send prices lower. August gold settled up $6.90 at
Published 11 Jul, 2009 12:00am
US MIDDAY: coffee, cocoa and sugar down

US MIDDAY: coffee, cocoa and sugar down

Coffee September arabica contract was down 0.80 cent at $1.1485 per lb at 11:09 am EDT (1509 GMT). Session range from $1.1720 to $1.1335, the lowest for the second position since April 22. October raw sugar contract was down 0.06 cent at 17.04 cents per l
Published 11 Jul, 2009 12:00am
Gold steadies in Europe

Gold steadies in Europe

Gold steadied on Friday, reversing earlier losses, as weak stock markets boosted interest in the metal, and the dollar slipped from highs against the euro after data showed US consumer sentiment soured in July. Physical buying curbed a slide in gold in ea
Published 11 Jul, 2009 12:00am
US MIDDAY: soyabeans lower

US MIDDAY: soyabeans lower

Soyabeans futures were down 5 to 15 cents per bushel. Biggest drop expected in new-crop amid good US Midwest crop weather. Weighed down by neutral to bearish reaction to USDA's July supply/demand report, lower crude oil and lower equities. Globex trade fo
Published 11 Jul, 2009 12:00am
US MIDDAY: wheat sags

US MIDDAY: wheat sags

Wheat was down 3 to 5 cents per bushel. Weighed down by neutral to bearish reaction to production and ending stocks numbers in USDA's July supply/demand and wheat production reports. Firm dollar and falling equities also weigh on wheat market. lobex trade
Published 11 Jul, 2009 12:00am
US MIDDAY: corn weakens

US MIDDAY: corn weakens

Corn was down 3 to 5 cents per bushel. Weighed down by neutral to bearish reaction to USDA's July supply/demand report, lower crude oil and lower equities. Globex trade for July corn was up 2-1/2 cents per bushel at $3.46.
Published 11 Jul, 2009 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold futures fell in thin, quiet trade on Friday as a combination of dollar rise and oil's losses diminished bullion's appeal as an alternative investment. August gold was down $3.60 at $912.60 an ounce at 10:34 am EDT (1434 GMT) on the COMEX division of
Published 11 Jul, 2009 12:00am
US MIDDAY: copper down

US MIDDAY: copper down

US copper futures weakened at the open Friday as a firmer dollar and lingering doubts about the strength of any global economic recovery weighed on values despite bullish trade data from China, the world's largest consumer of the industrial metal.
Published 11 Jul, 2009 12:00am
Police baton charge protesters to clear railway tracks

Police baton charge protesters to clear railway tracks

Police resorted to baton charge on protesters and arrested more than 20 of them including eight women to remove from railway tracks the dead bodies of five persons murdered by their rivals on Friday. The police took the bodies back to Chak Jhumra hospital
Published 11 Jul, 2009 12:00am
Five persons shot dead due to personal enmity

Five persons shot dead due to personal enmity

Five persons were gunned down on Chak Jhumra-Faisalabad road on Friday allegedly by their rivals. They were going to appear in the Sessions Court in connection with a murder case when they were ambushed near Gatti Railway Station. The assailants fled in v
Published 11 Jul, 2009 12:00am
Security man killed in Zhob checkpost attack

Security man killed in Zhob checkpost attack

One security personnel was killed and two others were wounded when unknown militants attacked a security checkpost in Sambaza area of the district. According to the local administration and security officials, unknown number of militants attacked the chec
Published 11 Jul, 2009 12:00am
Germany keen to invest in renewable energy power projects: Ashraf

Germany keen to invest in renewable energy power projects: Ashraf

German Ambassador Michael Koch on Friday called on the Federal Minister for Water and Power Raja Pervez Ashraf, discussed various matters of mutual interest and investment opportunities in water and power sector in Pakistan to enhance bilateral co-operati
Published 11 Jul, 2009 12:00am
'Efforts on to reduce mother, child mortality'

'Efforts on to reduce mother, child mortality'

Federal Minister for Population Welfare, Dr Firdous Ashiq Awan said that the government was making strenuous efforts in reducing the mother and child mortality rate in the country. In a press statement issued here on Friday afternoon, the Federal Minister
Published 11 Jul, 2009 12:00am
By-polls in two UCs of Sialkot: CEC rescinds notification

By-polls in two UCs of Sialkot: CEC rescinds notification

The Chief Election Commissioner, former Justice Hamid Ali Mirza has rescinded the notification of holding by-polls in two union councils of Sialkot and Kasur districts. The notification for by-polls to the vacant seats of Nazim and Naib Nazim Union Counci
Published 11 Jul, 2009 12:00am
Saarc CCI, Safe to work closely for regional integration

Saarc CCI, Safe to work closely for regional integration

Saarc Chamber of Commerce and Industry (Saarc CCI) and South Asian Federation of Exchanges (Safe) need to work closely to promote economic activities in the region of South Asia. This was stated by President SAARC CCI, Tariq Sayeed at a meeting with Secre
Published 11 Jul, 2009 12:00am
Pakistan's single country exhibition in Canada

Pakistan's single country exhibition in Canada

The Chief Executive, TDAP, Syed Mohibullah Shah, has held a meeting with Deputy Minister, International Trade and Investment, Ontario, Canada, Dr Bruce A Archibald, at the sidelines of Pakistan's single country exhibition in Toronto. According to informat
Published 11 Jul, 2009 12:00am
Construction of road: double shift work stressed for early completion

Construction of road: double shift work stressed for early completion

DCO Saeed Wahlah has directed the concerned officers to immediately remove the illegal encroachments from Regal road which was causing the hindrance for the construction of this road and double shift should be started for the construction of Karkhana road
Published 11 Jul, 2009 12:00am
Lawyers protest against reversal of petroleum prices

Lawyers protest against reversal of petroleum prices

Members of the High Court Bar Multan & District Bar Association (MDBA) observed complete strike and boycotted their professional duties and staged a demonstration against the presidential ordinance reversing a reduction in petroleum prices, ordered by the
Published 11 Jul, 2009 12:00am
Displaced persons: fund raising exhibition to continue till July 12

Displaced persons: fund raising exhibition to continue till July 12

To collect funds for the IDPs, an exhibition of paintings by Nofil Farooq has extended till July 12th here at a local restaurant. As many as 40 paintings of mixed media, watercolours, acrylics and charcoal work had been exhibited by the artist who practic
Published 11 Jul, 2009 12:00am
Well done soldiers

Well done soldiers

There had been an impression that unless the security forces eliminate the top TTP leadership, the war against terrorism cannot be won and certainly there would remain the fear of terrorists' regrouping. According to ISPR the command structure of TTP, the
Published 11 Jul, 2009 12:00am
Recovery runs into credit headwind

Recovery runs into credit headwind

News headlines speak of recovery but for Hannes Hesse, managing director of Germany's VDMA engineering association, financing is still a big problem. "Conditions are beyond difficult," he says. The VDMA, whose members include Siemens and Volkswagen, says
Published 11 Jul, 2009 12:00am
Sri Lanka's former rebels undergo retraining

Sri Lanka's former rebels undergo retraining

They begin each day saluting the national flag of the country they had vowed to defeat or die trying. Gone are the cyanide capsules that, like all Tamil Tiger rebels, they had worn around their necks for use if captured by the Sri Lankan military.
Published 11 Jul, 2009 12:00am
Charade in industrial sector

Charade in industrial sector

The economic survey tells it all. The growth rate in industry has fallen and gone negative. Is it the power shortages or the cost of doing business that has gone sky high? Maybe these are not the reasons after all. Economics does not take into considerati
Published 11 Jul, 2009 12:00am
Woes of pharma MNCs

Woes of pharma MNCs

Quoting official sources at Pharma Bureau Pakistan, an exclusive Recorder Report, appearing last week, pointed out that the increase of one percent duty on the import of raw material for drugs had forced some 10 multinational pharmaceutical compani
Published 11 Jul, 2009 12:00am
Downgrading of Pakistan in Enabling Trade Index

Downgrading of Pakistan in Enabling Trade Index

It is sad to see that Pakistan is slipping back in some important areas in international ranking. According to the Global Enabling Trade Report 2009 of World Economic Forum (WEF), Pakistan has lost 16 places in the Enabling Trade Index and was at 100th po
Published 11 Jul, 2009 12:00am
Flying against the wind

Flying against the wind

That people's elected representatives are being replaced by colonial vintage administrators to run the grass-root level local governments - that indeed is a negative development. Who doesn't know that from day one, the new rulers of Pakistan wanted to get
Published 11 Jul, 2009 12:00am
'Pakistan committed to work for rights of children'

'Pakistan committed to work for rights of children'

"Pakistan is committed to work for the promotion of rights of the children, which is not only our religious moral duty but also an international obligation as well as an indispensable investment to secure our future in partnership with regional and intern
Published 11 Jul, 2009 12:00am
Dilapidated road discouraging tourists in Neelam valley

Dilapidated road discouraging tourists in Neelam valley

The under construction and dilapidated Muzaffarabad-Neelam road is eclipsing the potential tourism sector of the Azad Jammu and Kashmir (AJK) discouraging tourists from visiting the lush-green picturesque Neelam Valley. Although the distance between Muzaf
Published 11 Jul, 2009 12:00am
UN official urges world community for more aid to IDPs

UN official urges world community for more aid to IDPs

UN Under-secretary-General for Humanitarian Affairs John Holmes has urged the international community to help the humanitarian activities as more aid is required for the rehabilitation of the displaced persons (IDPs) from Malakand division. Holmes was bri
Published 11 Jul, 2009 12:00am
NGO starts distribution of relief goods at Katlung

NGO starts distribution of relief goods at Katlung

Society for skill training and development (SSTD) has started distribution of UNWFP provided relief food items to IDPs in humanitarian hub XII, located at Katlung of district Mardan. The food distribution in the hub was initiated on 12th of June 2009 and
Published 11 Jul, 2009 12:00am
Culligan sets up two water shops in Karachi

Culligan sets up two water shops in Karachi

Culligan Water of Pakistan, the premium bottle water supplier has set up two unique water shops in the city. Culligan Pakistan will soon be introducing household and commercial products.
Published 11 Jul, 2009 12:00am
Trade leader paints grim picture of economy

Trade leader paints grim picture of economy

Domestic market is shrinking on a fast pace which is a serious threat to the stability of Pakistan and contracting domestic trade is rendering millions jobless, which will add to the economic sufferings of masses who are already under pressure due to high
Published 11 Jul, 2009 12:00am
Bullion Rates

Bullion Rates

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

Published 11 Jul, 2009 12:00am
'China can help Pakistan overcome power crises'

'China can help Pakistan overcome power crises'

Huge prospects of trade and other mutual interests exist in Pakistan's relations with China whereby China is invited to construct small dams to help Pakistan overcome its troublesome power crises. This was articulated by Federal Minister for Investment, S
Published 11 Jul, 2009 12:00am
Bullion Rates

Bullion Rates

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

Published 11 Jul, 2009 12:00am
Government wants to empower women: minister

Government wants to empower women: minister

Provincial Minister for Population Welfare Punjab, Neelam Jabbar Chaudhry has said that government wants to empower the women and our Shaheed Quaid Benazir Bhutto struggled for this purpose and will fulfil her mission. She said that government had evolved
Published 11 Jul, 2009 12:00am
The Weather

The Weather

The weather report on Friday (July 10, 2009) and the forecast for Saturday (July 11, 2009).

Published 11 Jul, 2009 12:00am
Shahbaz orders completion of land record computerisation

Shahbaz orders completion of land record computerisation

Punjab Chief Minister Muhammad Shahbaz Sharif has directed that Land Record Computerisation Project should be completed without further delay and all out resources should be utilised for this purpose. He said that solid and practicable recommendations sho
Published 11 Jul, 2009 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 11 Jul, 2009 12:00am
'Pepco striving hard to generate more electricity'

'Pepco striving hard to generate more electricity'

Pakistan Electric Power Company (Pepco) is all set to exploit maximum possible resources to generate electricity for the future needs as the government of Pakistan has started working on a three-year plan to tackle energy crises and is striving to add 13,
Published 11 Jul, 2009 12:00am
Police given five days to nab girl's kidnappers

Police given five days to nab girl's kidnappers

Chief Justice Lahore High Court hearing a suo motu case here Friday directed the DPO Khanewal to arrest the kidnappers of a girl and report to the court on July 15. Earlier the DPO Khanewal informed the court that in the FIR lodged by the complainant ther
Published 11 Jul, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (July 10, 2009).

Published 11 Jul, 2009 12:00am
Karachiites to face partial water shortage today

Karachiites to face partial water shortage today

The water supply to Karachi from Dhabejee water pumping station has been suspended due to prolonged electricity load shedding. According to a press release of Karachi Water and Sewerage Board, Dhabijee water-pumping station had failed to supply 30 million
Published 11 Jul, 2009 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 11 Jul, 2009 12:00am
Pakistan to set world record by planting 0.45 million trees

Pakistan to set world record by planting 0.45 million trees

Government of Pakistan is poised to set the world record of planting maximum trees in a single day. The federal minister for environment Hameedullah Jan Afridi at a press conference held at Karachi Press Club on Friday announced this. He said Mexico first
Published 11 Jul, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (July 10, 2009) and for Saturday (July 11, 2009).
Published 11 Jul, 2009 12:00am
Assessment orders cancelled

Assessment orders cancelled

The Lahore High Court (LHC) while allowing a petition against Deputy Director (DD) (Adjudication) Sales Tax Lahore cancelled the assessment orders passed by him after prescribed time limit. The petitioner Nisar Art Press through Azhar Siddiq contended tha
Published 11 Jul, 2009 12:00am
Etihad, American airlines announce code-share agreement

Etihad, American airlines announce code-share agreement

Etihad Airways, the national airline of the United Arab Emirates and American Airlines have announced details of a proposed new code-share agreement which, if it receives regulatory approval from the US government, will pave the way for closer commercial
Published 11 Jul, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (July 10, 2009).

Published 11 Jul, 2009 12:00am
Self-assessment scheme proposed for Sessi

Self-assessment scheme proposed for Sessi

A progressive and self-assessment scheme has been proposed by the Board of Investment (BoI), Sindh, for Sindh Employees' Social Security Institution (Sessi). A follow-up meeting was held here last month to finalise various proposals for bringing about imp
Published 11 Jul, 2009 12:00am
PPL wins Environment Excellence Award again

PPL wins Environment Excellence Award again

Pakistan Petroleum Limited (PPL), in a winning spree has clinched the 1st position for the 3rd time as an Exploration and Production (E&P) organisation. The announcement of winning of 6th Annual Environment Excellence Award (AEEA) took place in a prestigi
Published 11 Jul, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 10, 2009).

Published 11 Jul, 2009 12:00am
HP unveils ProBook s-series PCs

HP unveils ProBook s-series PCs

HP on Friday announced a new brand of affordable notebook PCs that merge business functionality with sophisticated design to stand out from the crowd. The HP ProBook series joins the award-winning HP EliteBook series to form one of the most versatile busi
Published 11 Jul, 2009 12:00am
Speedy justice can resolve most of people's problems: Shahbaz

Speedy justice can resolve most of people's problems: Shahbaz

Muslim League leader Hamza Shahbaz Sharif MNA said that 80% of the problems of the people could be resolved through the provision of immediate and cheap justice. Quaid PML(N) Muhammad Nawaz Sharif had strengthened constitutional institutions by ensuring t
Published 11 Jul, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 10, 2009).

Published 11 Jul, 2009 12:00am
KSE defaulter's membership card sold for Rs 75 million

KSE defaulter's membership card sold for Rs 75 million

The membership card of one of the defaulter members of Karachi Stock Exchange (KSE) has been sold for Rs 75 million, it is learnt. Sources said that the deal for another card is in final phase, and is also expected to secure Rs 75 million.
Published 11 Jul, 2009 12:00am
THE RUPEE: dollar at 82

THE RUPEE: dollar at 82

The rupee has failed to come out of weak spells on rising demand by the importers, falling 25 paisa against dollar for buying and selling at 82.00 and 82.05, dealers said on the interbank market on Friday.
Published 11 Jul, 2009 12:00am
Basmati growers urge government to regulate market

Basmati growers urge government to regulate market

Basmati Growers Association (BGA) urged the government to take steps at the provincial and federal level to regulate rice affairs for the benefit of the sector and for the overall growth of agriculture and the economy. BGA President, Hamid Malhi said here
Published 11 Jul, 2009 12:00am
THE RUPEE: dollar at 82

THE RUPEE: dollar at 82

The rupee has failed to come out of weak spells on rising demand by the importers, falling 25 paisa against dollar for buying and selling at 82.00 and 82.05, dealers said on the interbank market on Friday.
Published 11 Jul, 2009 12:00am
First ever Industrial Policy in two months: Wattoo

First ever Industrial Policy in two months: Wattoo

Federal Minister for Industries and Production Mian Manzoor Ahmed Wattoo said on Friday that the government was working on a first ever comprehensive Industrial Policy for the promotion of industrial sector. The minister addressing the business community
Published 11 Jul, 2009 12:00am
Operation zone: Utility services restoration to be ensured, says Fauzia

Operation zone: Utility services restoration to be ensured, says Fauzia

Secretary Information of the People's Party Fauzia Wahab has said people have started returning to their respective areas and the government is giving Rs 25,000 to each family. While talking to a private news channel she said Rs 300,000 would be provided
Published 11 Jul, 2009 12:00am
Major amendments to environment laws in the offing: Afridi

Major amendments to environment laws in the offing: Afridi

Federal Minister for Environment Hameedullah Jan Afridi said that the government will make major amendments in environmental laws to control pollution in the country by the end of this year. He was speaking at 6th Annual Environment Excellence Awards (AEE
Published 11 Jul, 2009 12:00am
LUMHS announces diploma exams result

LUMHS announces diploma exams result

Liaquat University of Medical and Health Sciences (LUMHS) Jamshoro on Friday announced the result of Diploma in Biomedical Equipment Technology First Term Examinations Session 2009-10 of the Institute of Biomedical Technology. According to announcement, t
Published 11 Jul, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Friday (July 10, 2009).

Published 11 Jul, 2009 12:00am
Fehmida for integrated approach to slow down population growth

Fehmida for integrated approach to slow down population growth

Dr Fehmida Mirza, Speaker National Assembly has said that rapid growth in the country nullified development gains and it was imperative to adopt an integrated approach to slowdown the population growth. She said that due to scarce resources and present ec
Published 11 Jul, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Friday (July 10, 2009).

Published 11 Jul, 2009 12:00am
27 training institutes to start working this year: Aseff

27 training institutes to start working this year: Aseff

27 training institutes will start working this year to impart latest skills to the youth, and within three years there would be 127 such schools across the country, and will train 250,000 students annually. This was stated by Sardar Aseff Ahmed Ali, Deput
Published 11 Jul, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Friday (July 10, 2009).

Published 11 Jul, 2009 12:00am
Third death anniversary of Ahmed Nadeem Qasimi observed

Third death anniversary of Ahmed Nadeem Qasimi observed

Pakistan post has issued a special memorial stamp on the death anniversary of Ahmed Nadeem Qasimi, to commemorate the renowned poet, writer and journalist. Ahmed Nadeem Qasimi's 3rd death anniversary was observed across the country on Friday.
Published 11 Jul, 2009 12:00am
Scope for further enhancing Pak-Swiss trade ties exists: CG

Scope for further enhancing Pak-Swiss trade ties exists: CG

Switzerland and Pakistan are enjoying very friendly relations and there is scope for further enhancing the trade ties between the two countries. This was stated by the Consul General of Switzerland in Karachi, Martin Bienz. Talking to mediamen at the Cons
Published 11 Jul, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (July 10, 2009).

Published 11 Jul, 2009 12:00am
317,584 cusecs water released from reservoirs

317,584 cusecs water released from reservoirs

Indus River System Authority (Irsa) on Friday released 3,17,584 cusecs water from various rim stations. According to Irsa, an overall water inflow from various reservoirs recorded was 3,23,441 cusecs. Water level at Tarbela Dam recorded was at 1426.62 fee
Published 11 Jul, 2009 12:00am
Babar discusses Pakistan's situation with UNGA President

Babar discusses Pakistan's situation with UNGA President

Visiting Federal Parliamentary Affairs Minister, Senator Babar Awan, on Thursday discussed the current situation in Pakistan with UN General Assembly (UNGA) President Miguel d'Escoto when he called on the 192-member body chief. The minister thanked the Pr
Published 11 Jul, 2009 12:00am
Remarks attributed to director general ISPR denied

Remarks attributed to director general ISPR denied

A spokesman of ISPR Friday strongly denied the remarks attributed to the Director General ISPR in an interview with CNN stating that Pakistan military is in contact with Taliban leader Mullah Omar and it can bring him and other commanders to the negotiati
Published 11 Jul, 2009 12:00am
Protest demonstration against PTV officials

Protest demonstration against PTV officials

All PTV Employees and Workers Union has demanded of the government to remove top officials of PTV. President PTV employees' union Jahangeer Khan addressing a protest rally here on Friday outside the national press club alleged that due to negligence of th
Published 11 Jul, 2009 12:00am
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