News Archives for Print - 2009-09-20 - Business Recorder

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Print - 2009-09-20

More information sought from India on Mumbai attack: Rehman

More information sought from India on Mumbai attack: Rehman

Pakistan has sought more information and evidence from India regarding the Mumbai terrorist attack to take the people involved in execution of these terror strikes to task, said Federal Minister for Interior Rehman Malik here on Saturday. Addressing a pre

Published 20 Sep, 2009 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

More information sought from India on Mumbai attack: Rehman

More information sought from India on Mumbai attack: Rehman

Pakistan has sought more information and evidence from India regarding the Mumbai terrorist attack to take the people involved in execution of these terror strikes to task, said Federal Minister for Interior Rehman Malik here on Saturday. Addressing a pre

Published 20 Sep, 2009 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Parity with prices of imported gas: government urged to impose PL on locally produced LPG

Parity with prices of imported gas: government urged to impose PL on locally produced LPG

Importers of liquefied petroleum gas (LPG) have placed a request before the government to fix price of locally produced LPG at import parity in a bid to provide level playing field for doing business and ensure gas availability in the country. They also u

Published 20 Sep, 2009 12:00am

World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Parity with prices of imported gas: government urged to impose PL on locally produced LPG

Parity with prices of imported gas: government urged to impose PL on locally produced LPG

Importers of liquefied petroleum gas (LPG) have placed a request before the government to fix price of locally produced LPG at import parity in a bid to provide level playing field for doing business and ensure gas availability in the country. They also u

Published 20 Sep, 2009 12:00am

World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Parity with prices of imported gas: government urged to impose PL on locally produced LPG

Parity with prices of imported gas: government urged to impose PL on locally produced LPG

Importers of liquefied petroleum gas (LPG) have placed a request before the government to fix price of locally produced LPG at import parity in a bid to provide level playing field for doing business and ensure gas availability in the country. They also u

Published 20 Sep, 2009 12:00am

Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

VAT at retailer stage: abolition of zero-rating facility must to remove flaws in ST regime: experts

VAT at retailer stage: abolition of zero-rating facility must to remove flaws in ST regime: experts

The continuation of sales tax zero-rating on the imports and local supply stages for textile sector is against the government policy to fully implement value-added tax (VAT) at the retailer stage. Experts told Business Recorder here on Saturday tha

Published 20 Sep, 2009 12:00am

Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

VAT at retailer stage: abolition of zero-rating facility must to remove flaws in ST regime: experts

VAT at retailer stage: abolition of zero-rating facility must to remove flaws in ST regime: experts

The continuation of sales tax zero-rating on the imports and local supply stages for textile sector is against the government policy to fully implement value-added tax (VAT) at the retailer stage. Experts told Business Recorder here on Saturday tha

Published 20 Sep, 2009 12:00am

Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Obama calls for new agency to enforce financial rules

Obama calls for new agency to enforce financial rules

President Barack Obama highlighted Saturday the need to create a new federal agency to champion consumer rights against predatory lenders and enforce rules governing credit firms. "We can now say that we have stopped our economic freefall. But we also kno

Published 20 Sep, 2009 12:00am

EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from September 18, 2009.

Published 20 Sep, 2009 12:00am

Obama calls for new agency to enforce financial rules

Obama calls for new agency to enforce financial rules

President Barack Obama highlighted Saturday the need to create a new federal agency to champion consumer rights against predatory lenders and enforce rules governing credit firms. "We can now say that we have stopped our economic freefall. But we also kno

Published 20 Sep, 2009 12:00am

EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from September 18, 2009.

Published 20 Sep, 2009 12:00am

Obama calls for new agency to enforce financial rules

Obama calls for new agency to enforce financial rules

President Barack Obama highlighted Saturday the need to create a new federal agency to champion consumer rights against predatory lenders and enforce rules governing credit firms. "We can now say that we have stopped our economic freefall. But we also kno

Published 20 Sep, 2009 12:00am

Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

VAT at retailer stage: abolition of zero-rating facility must to remove flaws in ST regime: experts

VAT at retailer stage: abolition of zero-rating facility must to remove flaws in ST regime: experts

The continuation of sales tax zero-rating on the imports and local supply stages for textile sector is against the government policy to fully implement value-added tax (VAT) at the retailer stage. Experts told Business Recorder here on Saturday tha

Published 20 Sep, 2009 12:00am

EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from September 18, 2009.

Published 20 Sep, 2009 12:00am

LeT commander killed in IHK

LeT commander killed in IHK

A senior militant commander, identified as Noor Hussain, was killed in a gun battle with security forces in Indian held Kashmir on Saturday, officials said. The encounter occurred in a forest region in the Doda district, some 180 km north-east of Jammu, s

Published 20 Sep, 2009 12:00am

Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

LeT commander killed in IHK

LeT commander killed in IHK

A senior militant commander, identified as Noor Hussain, was killed in a gun battle with security forces in Indian held Kashmir on Saturday, officials said. The encounter occurred in a forest region in the Doda district, some 180 km north-east of Jammu, s

Published 20 Sep, 2009 12:00am

Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

184 dead in Indonesia during Eid holiday exodus

184 dead in Indonesia during Eid holiday exodus

Almost 200 people died on Indonesia's roads this week as almost 30 million people headed home to celebrate Eid al-Fitr, police said Saturday. Over 27 million people are expected to be on the move as cities and towns emptied in this year's exodus marking t

Published 20 Sep, 2009 12:00am

Rates of spices and other allied commodities

Rates of spices and other allied commodities

Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

184 dead in Indonesia during Eid holiday exodus

184 dead in Indonesia during Eid holiday exodus

Almost 200 people died on Indonesia's roads this week as almost 30 million people headed home to celebrate Eid al-Fitr, police said Saturday. Over 27 million people are expected to be on the move as cities and towns emptied in this year's exodus marking t

Published 20 Sep, 2009 12:00am

Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Proposals by FPCCI: FBR to consider uniform duty on all fabrics

Proposals by FPCCI: FBR to consider uniform duty on all fabrics

The Federal Board of Revenue (FBR) will examine the possibility of imposing uniform rate of customs duty on all kinds of fabrics in the next budget. The Federation of Chambers of Commerce and Industry (FPCCI) had proposed that import of fabrics under HS C

Published 20 Sep, 2009 12:00am

Karachi chemicals and dyes market rates

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Fixing of sugar price: contempt petition filed against government functionaries

Fixing of sugar price: contempt petition filed against government functionaries

Former President of Lahore Tax Bar Association, Shafqat Mehmood Chohan has filed a petition before Lahore High Court (LHC) seeking contempt proceedings against government functionaries for not complying with LHC order of fixing of sugar price.

Published 20 Sep, 2009 12:00am

Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Fixing of sugar price: contempt petition filed against government functionaries

Fixing of sugar price: contempt petition filed against government functionaries

Former President of Lahore Tax Bar Association, Shafqat Mehmood Chohan has filed a petition before Lahore High Court (LHC) seeking contempt proceedings against government functionaries for not complying with LHC order of fixing of sugar price.

Published 20 Sep, 2009 12:00am

Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Fixing of sugar price: contempt petition filed against government functionaries

Fixing of sugar price: contempt petition filed against government functionaries

Former President of Lahore Tax Bar Association, Shafqat Mehmood Chohan has filed a petition before Lahore High Court (LHC) seeking contempt proceedings against government functionaries for not complying with LHC order of fixing of sugar price.

Published 20 Sep, 2009 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Foreigners sent $102.7 million profits abroad in July-August

Foreigners sent $102.7 million profits abroad in July-August

Foreign investors have repatriated about $103 million on account of profit and dividend during the two months of current fiscal year. The government has allowed 100 percent transfer of profit or dividend to foreign investors to boost foreign investment, t

Published 20 Sep, 2009 12:00am

Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Foreigners sent $102.7 million profits abroad in July-August

Foreigners sent $102.7 million profits abroad in July-August

Foreign investors have repatriated about $103 million on account of profit and dividend during the two months of current fiscal year. The government has allowed 100 percent transfer of profit or dividend to foreign investors to boost foreign investment, t

Published 20 Sep, 2009 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Proposals by FPCCI: FBR to consider uniform duty on all fabrics

Proposals by FPCCI: FBR to consider uniform duty on all fabrics

The Federal Board of Revenue (FBR) will examine the possibility of imposing uniform rate of customs duty on all kinds of fabrics in the next budget. The Federation of Chambers of Commerce and Industry (FPCCI) had proposed that import of fabrics under HS C

Published 20 Sep, 2009 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Proposals by FPCCI: FBR to consider uniform duty on all fabrics

Proposals by FPCCI: FBR to consider uniform duty on all fabrics

The Federal Board of Revenue (FBR) will examine the possibility of imposing uniform rate of customs duty on all kinds of fabrics in the next budget. The Federation of Chambers of Commerce and Industry (FPCCI) had proposed that import of fabrics under HS C

Published 20 Sep, 2009 12:00am

Multan commodities market rates

Multan commodities market rates

Commodities market rates in rupees on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

IMF agrees to sell 403.3 tonnes of its gold

IMF agrees to sell 403.3 tonnes of its gold

International Monetary Fund member countries on Friday formally endorsed a plan for strictly limited sales of 403.3 tonnes of gold from its stockpile and said any on-market sales would be done in a way that did not disrupt gold markets. The IMF said it co

Published 20 Sep, 2009 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

IMF agrees to sell 403.3 tonnes of its gold

IMF agrees to sell 403.3 tonnes of its gold

International Monetary Fund member countries on Friday formally endorsed a plan for strictly limited sales of 403.3 tonnes of gold from its stockpile and said any on-market sales would be done in a way that did not disrupt gold markets. The IMF said it co

Published 20 Sep, 2009 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

IMF agrees to sell 403.3 tonnes of its gold

IMF agrees to sell 403.3 tonnes of its gold

International Monetary Fund member countries on Friday formally endorsed a plan for strictly limited sales of 403.3 tonnes of gold from its stockpile and said any on-market sales would be done in a way that did not disrupt gold markets. The IMF said it co

Published 20 Sep, 2009 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Foreigners sent $102.7 million profits abroad in July-August

Foreigners sent $102.7 million profits abroad in July-August

Foreign investors have repatriated about $103 million on account of profit and dividend during the two months of current fiscal year. The government has allowed 100 percent transfer of profit or dividend to foreign investors to boost foreign investment, t

Published 20 Sep, 2009 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

IMF chief urges G20 focus on global imbalances: report

IMF chief urges G20 focus on global imbalances: report

The head of the International Monetary Fund in an interview out Saturday urged G20 leaders meeting next week for a crunch summit to put tackling global imbalances near the top of their priorities. Dominique Strauss-Kahn told the Financial Times that the G

Published 20 Sep, 2009 12:00am

Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (September 19, 2009) and for Sunday (September 20, 2009).

Published 20 Sep, 2009 12:00am

IMF chief urges G20 focus on global imbalances: report

IMF chief urges G20 focus on global imbalances: report

The head of the International Monetary Fund in an interview out Saturday urged G20 leaders meeting next week for a crunch summit to put tackling global imbalances near the top of their priorities. Dominique Strauss-Kahn told the Financial Times that the G

Published 20 Sep, 2009 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

IMF chief urges G20 focus on global imbalances: report

IMF chief urges G20 focus on global imbalances: report

The head of the International Monetary Fund in an interview out Saturday urged G20 leaders meeting next week for a crunch summit to put tackling global imbalances near the top of their priorities. Dominique Strauss-Kahn told the Financial Times that the G

Published 20 Sep, 2009 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Polyethylene/polypropylene import: conditions laid down for ST zero-rating

Polyethylene/polypropylene import: conditions laid down for ST zero-rating

The Federal Board of Revenue (FBR) has laid down certain conditions for sales tax zero-rating on import and supply of polyethylene and polypropylene for manufacture of mono filament yarn and net cloth. The FBR has suppressed SRO 769(I)/2009 through a noti

Published 20 Sep, 2009 12:00am

The Weather

The Weather

The weather report on Saturday (September 19, 2009) and the forecast for Sunday (September 20, 2009).

Published 20 Sep, 2009 12:00am

Polyethylene/polypropylene import: conditions laid down for ST zero-rating

Polyethylene/polypropylene import: conditions laid down for ST zero-rating

The Federal Board of Revenue (FBR) has laid down certain conditions for sales tax zero-rating on import and supply of polyethylene and polypropylene for manufacture of mono filament yarn and net cloth. The FBR has suppressed SRO 769(I)/2009 through a noti

Published 20 Sep, 2009 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (September 19, 2009).

Published 20 Sep, 2009 12:00am

Polyethylene/polypropylene import: conditions laid down for ST zero-rating

Polyethylene/polypropylene import: conditions laid down for ST zero-rating

The Federal Board of Revenue (FBR) has laid down certain conditions for sales tax zero-rating on import and supply of polyethylene and polypropylene for manufacture of mono filament yarn and net cloth. The FBR has suppressed SRO 769(I)/2009 through a noti

Published 20 Sep, 2009 12:00am

Polyethylene/polypropylene import: conditions laid down for ST zero-rating

Polyethylene/polypropylene import: conditions laid down for ST zero-rating

The Federal Board of Revenue (FBR) has laid down certain conditions for sales tax zero-rating on import and supply of polyethylene and polypropylene for manufacture of mono filament yarn and net cloth. The FBR has suppressed SRO 769(I)/2009 through a noti

Published 20 Sep, 2009 12:00am

Import of 400,000 tons of urea: Rs five billion subsidy if shipments arrive by October 31

Import of 400,000 tons of urea: Rs five billion subsidy if shipments arrive by October 31

The government has decided to provide rupees five billion subsidy on import of 400,000 tons of urea, provided the shipments arrive in the country by October 31, 2009, well-informed sources told Business Recorder Saturday. The Economic Co-ordination

Published 20 Sep, 2009 12:00am

Overall economic situation moving towards stability: Tarin

Overall economic situation moving towards stability: Tarin

Finance Minister Shaukat Tarin called on Prime Minister Syed Yousuf Raza Gilani on Saturday, and briefed him on the overall economic situation, moving towards stability in the country. The Prime Minister was informed that during the last one month, inflat

Published 20 Sep, 2009 12:00am

Overall economic situation moving towards stability: Tarin

Overall economic situation moving towards stability: Tarin

Finance Minister Shaukat Tarin called on Prime Minister Syed Yousuf Raza Gilani on Saturday, and briefed him on the overall economic situation, moving towards stability in the country. The Prime Minister was informed that during the last one month, inflat

Published 20 Sep, 2009 12:00am

Overall economic situation moving towards stability: Tarin

Overall economic situation moving towards stability: Tarin

Finance Minister Shaukat Tarin called on Prime Minister Syed Yousuf Raza Gilani on Saturday, and briefed him on the overall economic situation, moving towards stability in the country. The Prime Minister was informed that during the last one month, inflat

Published 20 Sep, 2009 12:00am

Eid moon to be sighted today

Eid moon to be sighted today

The new Shaw-wal moon should be sighted today (Sunday), according to astronomical parameters. Therefore, Shawwal One, 1430 AH should fall tomorrow (Monday). The moon crossed the conjunction line yesterday (Satur-day) at 0044 Pakistan Summer Time (PST). Th

Published 20 Sep, 2009 12:00am

Eid moon to be sighted today

Eid moon to be sighted today

The new Shaw-wal moon should be sighted today (Sunday), according to astronomical parameters. Therefore, Shawwal One, 1430 AH should fall tomorrow (Monday). The moon crossed the conjunction line yesterday (Satur-day) at 0044 Pakistan Summer Time (PST). Th

Published 20 Sep, 2009 12:00am

Police raid US embassy-contracted security firm: dozens of unlicensed weapons impounded

Police raid US embassy-contracted security firm: dozens of unlicensed weapons impounded

Islamabad Police on Saturday raided a local private security firm hired by the US Embassy and impounded dozens of unlicensed weapons at a time when the private security contractor was under unusual scrutiny. Police have recovered 61 assault rifles and nin

Published 20 Sep, 2009 12:00am

Police raid US embassy-contracted security firm: dozens of unlicensed weapons impounded

Police raid US embassy-contracted security firm: dozens of unlicensed weapons impounded

Islamabad Police on Saturday raided a local private security firm hired by the US Embassy and impounded dozens of unlicensed weapons at a time when the private security contractor was under unusual scrutiny. Police have recovered 61 assault rifles and nin

Published 20 Sep, 2009 12:00am

Import of 400,000 tons of urea: Rs five billion subsidy if shipments arrive by October 31

Import of 400,000 tons of urea: Rs five billion subsidy if shipments arrive by October 31

The government has decided to provide rupees five billion subsidy on import of 400,000 tons of urea, provided the shipments arrive in the country by October 31, 2009, well-informed sources told Business Recorder Saturday. The Economic Co-ordination

Published 20 Sep, 2009 12:00am

Import of 400,000 tons of urea: Rs five billion subsidy if shipments arrive by October 31

Import of 400,000 tons of urea: Rs five billion subsidy if shipments arrive by October 31

The government has decided to provide rupees five billion subsidy on import of 400,000 tons of urea, provided the shipments arrive in the country by October 31, 2009, well-informed sources told Business Recorder Saturday. The Economic Co-ordination

Published 20 Sep, 2009 12:00am

Obama: racism 'not the overriding issue' in criticism

Obama: racism 'not the overriding issue' in criticism

US President Barack Obama doesn't think racism is an "overriding issue" in criticism of his polices, according to TV interviews to be broadcast Sunday as part of a media blitz pushing the White House's health care reform. "Are there people out there who d

Published 20 Sep, 2009 12:00am

Barroso brings Dell aid to Ireland before vote

Barroso brings Dell aid to Ireland before vote

The European Commission offered 14.8 million euros to help workers let go from Dell's Irish plant on Saturday, just weeks before the Irish vote on Lisbon's reform treaty. Commission President Jose Manuel Barroso unveiled the aid in an official trip to the

Published 20 Sep, 2009 12:00am

US Senate Republicans push for end to bailout fund

US Senate Republicans push for end to bailout fund

A majority of Republicans in the US Senate on Friday called on the Obama administration to let the authority to tap a $700 billion financial bailout fund expire at the end of the year as scheduled. In a letter to US Treasury Secretary Timothy Geithner, 39

Published 20 Sep, 2009 12:00am

Schedule for payment of NHP arrears to NWFP likely next month

Schedule for payment of NHP arrears to NWFP likely next month

ANP Acting central president and Member National Finance Commission (NFC), Haji Mohammad Adeel, has expressed the hope that federal government would announce schedule of payment regarding outstanding arrears of net hydel profit (NHP) in the month of Octob

Published 20 Sep, 2009 12:00am

Islamabad RTO sets up 16 tax facilitation kiosks

Islamabad RTO sets up 16 tax facilitation kiosks

Islamabad Regional Tax Office (RTO) has set up 16 tax facilitation kiosks (TFKs) in different parts of the Rawalpindi/Islamabad region to facilitate taxpayers filing their income tax returns before September 30 deadline. A team of senior officers, led by

Published 20 Sep, 2009 12:00am

Pope calls special synod on Middle East

Pope calls special synod on Middle East

Pope Benedict XVI announced Saturday a special synod of bishops to discuss the increasingly difficult situation of Catholics in the Middle East. The synod will take place on October 10-24, the pontiff said after a meeting with seven Catholic patriarchs fr

Published 20 Sep, 2009 12:00am

Japan's defeated LDP searches for new leader

Japan's defeated LDP searches for new leader

Three lawmakers from Japan's Liberal Democratic Party held a public debate Saturday as they campaigned to become the next leader of the party which is struggling to rebuild following its election defeat. Sadakazu Tanigaki, 64, a political dove who has hel

Published 20 Sep, 2009 12:00am

Paris court orders eBay to pay 80,000 euros: LVMH

Paris court orders eBay to pay 80,000 euros: LVMH

A Paris tribunal has found that eBay Inc violated LVMH Moet Hennessy Louis Vuitton SA trademarks in keyword searches, but the fine of 80,000 euros ($117,600) levelled against the Internet company was far less than the French luxury brand had hoped for.

Published 20 Sep, 2009 12:00am

HSBC sues accused Democratic fund-raiser in New York

HSBC sues accused Democratic fund-raiser in New York

A fund-raiser for Barack Obama, Hillary Clinton and other Democrats who was charged last month with defrauding Citigroup Inc is being sued by HSBC for deceiving it into lending him $100 million. The lawsuit filed in New York State Supreme Court in early S

Published 20 Sep, 2009 12:00am

NA-55 by-election: PML-N to announce candidate next week: Nisar

NA-55 by-election: PML-N to announce candidate next week: Nisar

Opposition Leader in National Assembly Chaudhry Nisar Ali Khan has said those who are harping the tune of Musharraf will also be packed to London. Addressing local leadership of PML-N here on Saturday at Punjab House Rawalpindi, he said that the party wou

Published 20 Sep, 2009 12:00am

Withdrawal of custom duty on import of textile machinery welcomed

Withdrawal of custom duty on import of textile machinery welcomed

Dr Mirza Ikhtiar Baig, Federal Advisor on Textiles, has welcomed notification relating to withdrawal of custom duty on import of textile machinery and equipment through SRO No 1/2009 dated 19th September 2009. Although import of textile machinery has been

Published 20 Sep, 2009 12:00am

Grieving villagers bury bomb victims as toll rises to 40

Grieving villagers bury bomb victims as toll rises to 40

The death toll from a suicide car bomb attack in a crowded market in Ustarzai, rose to 40, police said on Saturday as grieving families buried their dead. A suicide bomber drove an explosives-packed vehicle into the market in the north-west town of Ustarz

Published 20 Sep, 2009 12:00am

Taxation policies: government to adopt audit mechanism to ensure compliance: FBR chief

Taxation policies: government to adopt audit mechanism to ensure compliance: FBR chief

Federal Board of Revenue (FBR) Chairman Sohail Ahmad, assuring the businessmen and traders' community of continuing self-assessment scheme, has said that the government will also adopt audit mechanism to ensure full compliance of taxation policies.

Published 20 Sep, 2009 12:00am

PHC holidays

PHC holidays

The Chief Justice of Peshawar High Court has ordered that Peshawar High Court (PHC) and its Benches at Abbottabad, D.I.Khan and all the Courts subordinate thereto shall remain closed for 21st, 22nd & 23rd September 2009 on account of Eid-ul-Fitr.

Published 20 Sep, 2009 12:00am

Islamabad RTO sets up 16 tax facilitation kiosks

Islamabad RTO sets up 16 tax facilitation kiosks

Islamabad Regional Tax Office (RTO) has set up 16 tax facilitation kiosks (TFKs) in different parts of the Rawalpindi/Islamabad region to facilitate taxpayers filing their income tax returns before September 30 deadline. A team of senior officers, led by

Published 20 Sep, 2009 12:00am

747MW Guddu Combined Cycle Project: Pepco signs contract with Harbin Power Engineering

747MW Guddu Combined Cycle Project: Pepco signs contract with Harbin Power Engineering

Pakistan Electric Power Company (PEPCO) and Harbin Power Engineering (HPE), China signed contract for 747 MW Combined Cycle Project located at Guddu Power Company under the Central Power Generation Company Limited (GENCO II) at WAPDA house here on Saturda

Published 20 Sep, 2009 12:00am

Policeman gunned down

Policeman gunned down

A police constable was gunned down by unknown armed persons in the jurisdiction of New Karachi Industrial Area police on Saturday. According to police sources, constable Shahid, while patrolling the area on his official motorcycle, he saw two suspected ar

Published 20 Sep, 2009 12:00am

Last two special Eid trains leave Karachi

Last two special Eid trains leave Karachi

The last two special Eid trains here left from Cantonment Station for Lahore and Sargodha with passengers for upcountry destinations to celebrate Eid with their families. Secretary/Chairman Railway Sami Khilji waved to the passengers as the train for Sarg

Published 20 Sep, 2009 12:00am

Sugar price case: petition filed in Supreme Court to make growers, consumers party

Sugar price case: petition filed in Supreme Court to make growers, consumers party

As the federal and provincial governments have sided with the owners of over 75 sugar mills against the fixation of sugar price at Rs 40 per kilogramme by the court, an application has been filed in the apex court on behalf of growers and consumers to be

Published 20 Sep, 2009 12:00am

Misuse of power: action against five policemen directed

Misuse of power: action against five policemen directed

Taking serious notice of public complaints, the Inspector General of Police (IGP) Punjab Tariq Saleem Dogar has ordered strict legal and disciplinary action against five police officials on the charges of corruption and abuse of power.

Published 20 Sep, 2009 12:00am

Additional police force to be deployed on Eid day

Additional police force to be deployed on Eid day

Punjab Chief Minister Shahbaz Sharif here on Saturday said that additional police forces would be deployed in trade and shopping centres, Mosques, Imam Barghas and recreational places on Eid day in order to ensure maintenance of law and order in the provi

Published 20 Sep, 2009 12:00am

Eid-ul-Fitr: ICT, Capital Police evolve comprehensive security plan

Eid-ul-Fitr: ICT, Capital Police evolve comprehensive security plan

Islamabad Capital Territory (ICT) administration and Islamabad Police have evolved a comprehensive security plan on the occasion of Eid-ul-Fitr and decided to deploy over 2,500 police personnel and dozens of police vehicles to ensure peace and security in

Published 20 Sep, 2009 12:00am

Inviting Indian investors: Jamaat-i-Islami condemns Zardari's statement

Inviting Indian investors: Jamaat-i-Islami condemns Zardari's statement

Jamaat-i-Islami (JI) Chief, Syed Munawar Hassan has strongly condemned President Zardari's statement of inviting Indian investors in Pakistan and termed it as against the national interest. In a press statement issued here on Saturday, he said an invitati

Published 20 Sep, 2009 12:00am

No deal with Musharraf for his safe exit: Prime Minister

No deal with Musharraf for his safe exit: Prime Minister

Prime Minister Syed Yousuf Raza Gilani has categorically rejected the perception of any secret deal with the former President Pervez Musharraf to give him a safe exit. "If there had been such a deal it would have come forth by now as media is very vibrant

Published 20 Sep, 2009 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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