News Archives for Print - 2009-09-27

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 27 Sep, 2009 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm

Published 27 Sep, 2009 12:00am

Karachi interbank rates

Karachi interbank rates on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Afghan commission announces preliminary results for 357 lawmakers

Afghan Independent Election Commission announced on Saturday the preliminary results for 357 provincial lawmakers, while there was still no exact date for final results of hotly disputed presidential election. Nearly 3,340 Afghan candidates participated i

Published 27 Sep, 2009 12:00am

FIA detects massive corruption in PSM dealings with steel dealers

The Federal Investigation Agency (FIA) has detected massive corruption in Pakistan Steel Mills dealings with the dealers in its initial findings and refused to stop the probe before conclusion of the case.

Published 27 Sep, 2009 12:00am

Bureaucracy creating hurdles in development process: Kamal

Nazim Karachi, Mustafa Kamal has said that certain elements in the bureaucracy were creating hurdles in the development process in Karachi. "They are trying to withhold even approved funds for city government allegedly due to which city government is curr

Published 27 Sep, 2009 12:00am

'India should give people of Occupied Kashmir' the right to vote

Acting Prime Minister Azad Kashmir Sardar Qamar-uz-Zaman said Saturday Pakistan has given the people of Gilgit-Baltistan the right to vote and India should also follow suit and let the people of Occupied Kashmir to exercise their right to vote.

Published 27 Sep, 2009 12:00am

Dr N A Baloch Institute of Heritage Research inaugurated

Chief Secretary Sindh Fazal-ur-Rehman has said that Sindh government has put an efficient and effective mechanism in place with seed money of Rs 1000 million to conserve and protect the cultural and archaeological heritage of Sindh.

Published 27 Sep, 2009 12:00am

GEF, UNEP take initiative to upgrade lighting systems

A new global initiative to accelerate the uptake of low energy light bulbs and efficient lighting systems was launched by the Global Environment Facility (GEF) and the United Nations Environment Programme (UNEP), the sources disclosed it here, on Saturday

Published 27 Sep, 2009 12:00am

Three die, five hurt in various incidents

At least three persons died while five others including a woman were injured in separate incidents in the city on Saturday. According to details, a man was shot dead by two unidentified armed motorcyclists in the jurisdiction of Malir police station.

Published 27 Sep, 2009 12:00am

Punjab government implementing comprehensive uplift plan: Shahbaz

Punjab Chief Minister, Shahbaz Sharif has said that Punjab government is implementing a comprehensive programme for the speedy development of the province and prosperity of the people and all the funds are being spent for raising living standard of the ma

Published 27 Sep, 2009 12:00am

Indo-Pak foreign secretaries meeting: Gohar expresses guarded optimism over outcome

Gohar Ayub Khan former foreign minister of Pakistan has expressed guarded optimism over the outcome of the talks between Pakistani and Indian foreign secretaries in New York, adding these could be result-oriented. In a chat with Business Recorder o

Published 27 Sep, 2009 12:00am

PFMA-Punjab elections to be held today

Elections for the four Corporate class and four Associate class seats of the Pakistan Flourmills Association (PFMA-Punjab) and two central committee seats will be held on September 27, 2009 (Sunday). There are eight candidates contesting four corporate an

Published 27 Sep, 2009 12:00am

'No foreign investor will dare to invest'

General Secretary PML-N (Traders Wing) Punjab and President Mall Road Traders Association Naeem Mir has said that no country on foreign aid can maintain its existence. In a statement issued here on Saturday, Mir pointed that at present, the international

Published 27 Sep, 2009 12:00am

Zardari's US visit wins unprecedented strategic support: Farhat

President Asif Ali Zardari on Saturday wrapped up his six-day hectic visit to New York that a top official said had won unprecedented strategic support for Pakistan coupled with boosting the confidence of the country's democratic set-up.

Published 27 Sep, 2009 12:00am

Altaf condemns blasts

Muttahida Qaumi Movement (MQM), Chief Altaf Hussain strongly condemned the blasts at Banu, Peshawar and Gilgit. In a statement issued by MQM here on Saturday, Hussain expressed deep sorrow and grief over deaths and injuries sustained by the people in the

Published 27 Sep, 2009 12:00am

Public office holders accountability: Gilani directs ministry to present bill early

Prime Minister Syed Yusuf Raza Gilani on Saturday directed the Ministry of Parliamentary Affairs to present early the bill in National Assembly on the accountability of public office holders.

Published 27 Sep, 2009 12:00am

Prime Minister to head Gilgit-Baltistan Council

Under the new Gilgit-Baltistan Empowerment and Self Governance Order 2009, Prime Minister will be the Chairman of Gilgit-Baltistan Council consisting of Governor and six members. The Prime Minister will nominate members of the Council from amongst the fed

Published 27 Sep, 2009 12:00am

US to help build civilian law enforcement capacity: Rehman

The US Administration wants to build civilian law enforcement capacity of Pakistan and a senior American adviser on counterterrorism will travel to the country in a fortnight to hold discussions towards that end, Interior Minister Rehman Malik said on Sat

Published 27 Sep, 2009 12:00am

UN commission returning to Pakistan next week to resume work

The UN commission looking into the assassination of former prime minister Mohtarma Benazir Bhutto will leave for Pakistan on Monday in continuation of its work aimed at identifying facts and circumstances of the 2007 tragedy, Interior Minister Rehman Mali

Published 27 Sep, 2009 12:00am

US to help build civilian law enforcement capacity: Rehman

The US Administration wants to build civilian law enforcement capacity of Pakistan and a senior American adviser on counterterrorism will travel to the country in a fortnight to hold discussions towards that end, Interior Minister Rehman Malik said on Sat

Published 27 Sep, 2009 12:00am

Leading lawyers react to Kurd's statement on judiciary

In contrast to the views expressed by Ali Ahmad Kurd, prominent figures of lawyers' movement on Saturday said that the new judiciary was playing significant role in dispensing quick and inexpensive justice to people and addressing the issues being faced b

Published 27 Sep, 2009 12:00am

'Trust deficit responsible for FoDP moot's failure'

PML-N Information Secretary Ahsan Iqbal has held 'trust deficit' responsible for the government's failure to get any tangible outcome from the recent "Friends of Democratic Pakistan" moot. He said parking of funds for Pakistan with the World Bank was a cl

Published 27 Sep, 2009 12:00am

Winter season expected crisis: CNG stations won't be shutdown in any part of country: Naveed

Federal Minister for Petroleum and Natural Resources Syed Naveed Qamar has said the CNG stations would not be shut down in any part of the country in the winter season. Talking to media during his visit to Fauji Oil Terminal and Distribution Company (FOTC

Published 27 Sep, 2009 12:00am

US drone crashes into Iraq political party office

An unmanned US reconnaissance drone crashed in the northern Iraqi city of Mosul early on Saturday, hitting the offices of one of Iraq's biggest political parties, the US military said. No injuries were reported, and there was no indication the aircraft wa

Published 27 Sep, 2009 12:00am

At least one LNG terminal by 2010 at Port Qasim: Qamar

Minister for Petroleum and Natural Resources Syed Naveed Qamar said on Saturday that the government was planning to have at least one terminal ready for handling liquefied natural gas (LNG) at Port Qasim by 2010. He was talking to media persons after visi

Published 27 Sep, 2009 12:00am

Amendment in law to implement VAT: bill likely to be tabled in National Assembly by March 2010: Sohail

Chairman of the Federal Board of Revenue (FBR), Sohail Ahmed has said a bill to amend law to pave the way for the implementation of Value Added Tax (VAT) is likely to be tabled in the National Assembly by March 2010. Addressing the members of Site Associa

Published 27 Sep, 2009 12:00am

Amendment in law to implement VAT: bill likely to be tabled in National Assembly by March 2010: Sohail

Chairman of the Federal Board of Revenue (FBR), Sohail Ahmed has said a bill to amend law to pave the way for the implementation of Value Added Tax (VAT) is likely to be tabled in the National Assembly by March 2010. Addressing the members of Site Associa

Published 27 Sep, 2009 12:00am

Amendment in law to implement VAT: bill likely to be tabled in National Assembly by March 2010: Sohail

Chairman of the Federal Board of Revenue (FBR), Sohail Ahmed has said a bill to amend law to pave the way for the implementation of Value Added Tax (VAT) is likely to be tabled in the National Assembly by March 2010. Addressing the members of Site Associa

Published 27 Sep, 2009 12:00am

McChrystal submits Afghanistan troops request

The commander of Western forces in Afghanistan returned to Kabul on Saturday after flying to Europe to deliver his request for more troops in person to US and Nato commanders, his spokesman said. General Stanley McChrystal gave his long-awaited request fo

Published 27 Sep, 2009 12:00am

China migrant workers return to cities as crisis eases

Nearly all the migrant Chinese workers laid off last year during the global economic crisis have returned to jobs in the cities due to an improvement in the employment situation, an official said Saturday.

Published 27 Sep, 2009 12:00am

Australian town in 'world-first' bottled water ban

An Australian town pulled all bottled water from its shelves Saturday and replaced it with refillable bottles in what is believed to be a world-first ban. Hundreds of people marched through the picturesque rural town of Bundanoon to mark the first day of

Published 27 Sep, 2009 12:00am

Air India flights disrupted as pilots protest pay cuts

State-owned Air India said several flights were disrupted Saturday after some senior pilots reported sick in protest at a decision by the airline to slash productivity bonuses. The protest by the non-unionised executive pilots, classified as airline manag

Published 27 Sep, 2009 12:00am

World Development Indicators 2009: Agriculture sector's average growth down by one percent

Average annual growth of Pakistan's agriculture sector declined by one percent from 2000 to 2007, while in all other regional countries, except India, agriculture witnessed a growth, according to World Development Indicators 2009 of the World Bank.

Published 27 Sep, 2009 12:00am

World Development Indicators 2009: Agriculture sector''s average growth down by one percent

Average annual growth of Pakistan''s agriculture sector declined by one percent from 2000 to 2007, while in all other regional countries, except India, agriculture witnessed a growth, according to World Development Indicators 2009 of the World Bank.

Published 27 Sep, 2009 12:00am

Pakistan asks OIC to play proactive role in projecting Muslim causes

Pakistan on Saturday urged the 57-member Organisation of Islamic Conference (OIC) to play a proactive role in projecting the Muslim causes and in facilitating just and peaceful solution of disputes involving them. In a statement by Foreign Minister Shah M

Published 27 Sep, 2009 12:00am

Pakistan asks OIC to play proactive role in projecting Muslim causes

Pakistan on Saturday urged the 57-member Organisation of Islamic Conference (OIC) to play a proactive role in projecting the Muslim causes and in facilitating just and peaceful solution of disputes involving them. In a statement by Foreign Minister Shah M

Published 27 Sep, 2009 12:00am

Mullen wins second term as top US military officer

Navy Admiral Mike Mullen won Senate confirmation on Friday for a second, two-year term as chairman of the US Joint Chiefs of Staff, the most senior officer in the US military. First appointed to the post during the Bush administration, Mullen spent much o

Published 27 Sep, 2009 12:00am

Defence cooperation: Pakistan to talk with five states

Pakistan is to initiate talks on defence co-operation with Austria, Turkmenistan, Romania and Brunei Darussalam, as the Inter-Services Intelligence (ISI) and the Law Ministry have cleared the proposal submitted by the Defence Ministry. Official documents

Published 27 Sep, 2009 12:00am

Defence cooperation: Pakistan to talk with five states

Pakistan is to initiate talks on defence co-operation with Austria, Turkmenistan, Romania and Brunei Darussalam, as the Inter-Services Intelligence (ISI) and the Law Ministry have cleared the proposal submitted by the Defence Ministry. Official documents

Published 27 Sep, 2009 12:00am

World Development Indicators 2009: Agriculture sector's average growth down by one percent

Average annual growth of Pakistan's agriculture sector declined by one percent from 2000 to 2007, while in all other regional countries, except India, agriculture witnessed a growth, according to World Development Indicators 2009 of the World Bank.

Published 27 Sep, 2009 12:00am

Ashraf serves legal notice on Faisal: apology demanded, Rs one billion damages claimed

The Minister for Water and Power, Pervez Ashraf, has served legal notice to Faisal Saleh Hayat, Member of National Assembly, Pakistan Muslim League Quaid-e-Azam (PML-Q), for reportedly making false statements on rental power plants (RPPs). The notice has

Published 27 Sep, 2009 12:00am

Thar Coal Gasification: Sindh opposes execution of project by Centre

The Sindh government has strongly resisted Thar Coal Gasification project to be executed by the Federal government, and warned the Planning Commission not to table it again on the agenda of Central Development Working Party (CDWP) of Planning Commission f

Published 27 Sep, 2009 12:00am

Ashraf serves legal notice on Faisal: apology demanded, Rs one billion damages claimed

The Minister for Water and Power, Pervez Ashraf, has served legal notice to Faisal Saleh Hayat, Member of National Assembly, Pakistan Muslim League Quaid-e-Azam (PML-Q), for reportedly making false statements on rental power plants (RPPs). The notice has

Published 27 Sep, 2009 12:00am

Ashraf serves legal notice on Faisal: apology demanded, Rs one billion damages claimed

The Minister for Water and Power, Pervez Ashraf, has served legal notice to Faisal Saleh Hayat, Member of National Assembly, Pakistan Muslim League Quaid-e-Azam (PML-Q), for reportedly making false statements on rental power plants (RPPs). The notice has

Published 27 Sep, 2009 12:00am

Thar Coal Gasification: Sindh opposes execution of project by Centre

The Sindh government has strongly resisted Thar Coal Gasification project to be executed by the Federal government, and warned the Planning Commission not to table it again on the agenda of Central Development Working Party (CDWP) of Planning Commission f

Published 27 Sep, 2009 12:00am

Thar Coal Gasification: Sindh opposes execution of project by Centre

The Sindh government has strongly resisted Thar Coal Gasification project to be executed by the Federal government, and warned the Planning Commission not to table it again on the agenda of Central Development Working Party (CDWP) of Planning Commission f

Published 27 Sep, 2009 12:00am

Loans to directors: Banks/DFIs told to ensure strict compliance of rules

The State Bank of Pakistan has advised all banks/DFIs (development finance institutions) to ensure meticulous compliance of Section 24 of the Banking Companies Ordinance, 1962 which forbids them to grant financing facilities to members of their Board of D

Published 27 Sep, 2009 12:00am

Loans to directors: Banks/DFIs told to ensure strict compliance of rules

The State Bank of Pakistan has advised all banks/DFIs (development finance institutions) to ensure meticulous compliance of Section 24 of the Banking Companies Ordinance, 1962 which forbids them to grant financing facilities to members of their Board of D

Published 27 Sep, 2009 12:00am

Loans to directors: Banks/DFIs told to ensure strict compliance of rules

The State Bank of Pakistan has advised all banks/DFIs (development finance institutions) to ensure meticulous compliance of Section 24 of the Banking Companies Ordinance, 1962 which forbids them to grant financing facilities to members of their Board of D

Published 27 Sep, 2009 12:00am

Construction of airstrip at Islamkot: GHQ asks CAA to obtain clearance

The General Headquarters (GHQ) has asked the Civil Aviation Authority (CAA) to obtain clearance before initiating construction work to set up an airstrip at Islamkot, district Tharparkar, it is reliably learnt. This was conveyed to the CAA at a meeting of

Published 27 Sep, 2009 12:00am

Sargodha and Bahawalpur RTOs: FBR may create two new DGs positions

The Federal Board of Revenue (FBR) may create two new Directorate Generals positions at the proposed Regional Tax Offices (RTOs) of Sargodha and Bahawalpur to facilitate small and medium taxpayers falling within the jurisdiction of these areas. Sources to

Published 27 Sep, 2009 12:00am

Poultry Rates

Wholesale poultry rates on Saturday (September 26, 2009) and for Sunday (September 27, 2009).

Published 27 Sep, 2009 12:00am

Sargodha and Bahawalpur RTOs: FBR may create two new DGs positions

The Federal Board of Revenue (FBR) may create two new Directorate Generals positions at the proposed Regional Tax Offices (RTOs) of Sargodha and Bahawalpur to facilitate small and medium taxpayers falling within the jurisdiction of these areas. Sources to

Published 27 Sep, 2009 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Sargodha and Bahawalpur RTOs: FBR may create two new DGs positions

The Federal Board of Revenue (FBR) may create two new Directorate Generals positions at the proposed Regional Tax Offices (RTOs) of Sargodha and Bahawalpur to facilitate small and medium taxpayers falling within the jurisdiction of these areas. Sources to

Published 27 Sep, 2009 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

PSM: Supreme Court takes suo motu action

The Supreme Court of Pakistan has taken a suo motu action regarding allegations of corruption in Pakistan Steel Mills Corporation (PSMC) and asked its management to submit comments, a copy of the SC notice available with Business Recorder says.

Published 27 Sep, 2009 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

PSM: Supreme Court takes suo motu action

The Supreme Court of Pakistan has taken a suo motu action regarding allegations of corruption in Pakistan Steel Mills Corporation (PSMC) and asked its management to submit comments, a copy of the SC notice available with Business Recorder says.

Published 27 Sep, 2009 12:00am

The Weather

The weather report on Saturday (September 26, 2009) and the forecast for Sunday (September 27, 2009).

Published 27 Sep, 2009 12:00am

Construction of airstrip at Islamkot: GHQ asks CAA to obtain clearance

The General Headquarters (GHQ) has asked the Civil Aviation Authority (CAA) to obtain clearance before initiating construction work to set up an airstrip at Islamkot, district Tharparkar, it is reliably learnt. This was conveyed to the CAA at a meeting of

Published 27 Sep, 2009 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Construction of airstrip at Islamkot: GHQ asks CAA to obtain clearance

The General Headquarters (GHQ) has asked the Civil Aviation Authority (CAA) to obtain clearance before initiating construction work to set up an airstrip at Islamkot, district Tharparkar, it is reliably learnt. This was conveyed to the CAA at a meeting of

Published 27 Sep, 2009 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Iran to allow IAEA inspectors into new uranium plant

Iran said on Saturday it would allow UN inspectors into its newly disclosed uranium enrichment plant, as US President Barack Obama led a global outcry against Tehran for building the facility. "As the president (Mahmoud Ahmadinejad) said, we have no probl

Published 27 Sep, 2009 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Iran to allow IAEA inspectors into new uranium plant

Iran said on Saturday it would allow UN inspectors into its newly disclosed uranium enrichment plant, as US President Barack Obama led a global outcry against Tehran for building the facility. "As the president (Mahmoud Ahmadinejad) said, we have no probl

Published 27 Sep, 2009 12:00am

Multan commodities market rates

Commodities market rates in rupees on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

PSM: Supreme Court takes suo motu action

The Supreme Court of Pakistan has taken a suo motu action regarding allegations of corruption in Pakistan Steel Mills Corporation (PSMC) and asked its management to submit comments, a copy of the SC notice available with Business Recorder says.

Published 27 Sep, 2009 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Obama accuses Iran of evasion before Geneva talks

President Barack Obama said on Saturday the discovery of a secret nuclear plant in Iran showed a "disturbing pattern" of evasion by Tehran which added urgency to its October 1. talks with world powers. Iranian officials voiced defiance, with one saying he

Published 27 Sep, 2009 12:00am

Grain market rates

Karachi grain market rates in rupees on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Typhoon batters Philippines, nearly 60 killed

Nearly 60 people were killed, Manila was blacked out and airline flights were suspended as a powerful typhoon battered the main Philippines island of Luzon on Saturday, disaster officials said. Television showed houses swept away by swollen rivers, people

Published 27 Sep, 2009 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Typhoon batters Philippines, nearly 60 killed

Nearly 60 people were killed, Manila was blacked out and airline flights were suspended as a powerful typhoon battered the main Philippines island of Luzon on Saturday, disaster officials said. Television showed houses swept away by swollen rivers, people

Published 27 Sep, 2009 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Accountability Bill to be tabled in next budget session: Prime Minister

Prime Minister Syed Yusuf Raza Gilani on Saturday announced that the government will table an Accountability Bill in the next budget session. The Prime Minster also announced that the anti-terrorism laws would be improved so that any terrorist could not g

Published 27 Sep, 2009 12:00am

German election rivals in final push

Germany's rival politicians made their final pleas for votes on Saturday, the last day of campaigning for a tense election that is forecast to hand Chancellor Angela Merkel a second term in office. Merkel, 55, has won plaudits at home and abroad for her s

Published 27 Sep, 2009 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Services sector contribution to overall GDP stood at 53 percent in 2007

The contribution of services sector in overall gross domestic product (GDP) stood at 53 percent in 2007 but its contribution in overall taxes is still very negligible, resulting in serious distortions in the entire taxation system of Pakistan.

Published 27 Sep, 2009 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Services sector contribution to overall GDP stood at 53 percent in 2007

The contribution of services sector in overall gross domestic product (GDP) stood at 53 percent in 2007 but its contribution in overall taxes is still very negligible, resulting in serious distortions in the entire taxation system of Pakistan.

Published 27 Sep, 2009 12:00am

THE RUPEE: dollar higher

Mixed pattern was again witnessed on the currency market on Saturday in process of persisting demand for dollars, dealers said. On the interbank market the rupee drifted lower against dollar shedding nine paisa for buying at 83.04 and dropped by eight pai

Published 27 Sep, 2009 12:00am

Services sector contribution to overall GDP stood at 53 percent in 2007

The contribution of services sector in overall gross domestic product (GDP) stood at 53 percent in 2007 but its contribution in overall taxes is still very negligible, resulting in serious distortions in the entire taxation system of Pakistan.

Published 27 Sep, 2009 12:00am

THE RUPEE: dollar higher

Mixed pattern was again witnessed on the currency market on Saturday in process of persisting demand for dollars, dealers said. On the interbank market the rupee drifted lower against dollar shedding nine paisa for buying at 83.04 and dropped by eight pai

Published 27 Sep, 2009 12:00am

Seven percent raise in power tariff likely from October 1

The government is likely to increase power tariff by 7 percent from October 1, 2009 as agreed with the International Monetary Fund (IMF), the World Bank and the Asian Development Bank (ADB), after formal approval of Prime Minister Yousuf Raza Gilani. On J

Published 27 Sep, 2009 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Seven percent raise in power tariff likely from October 1

The government is likely to increase power tariff by 7 percent from October 1, 2009 as agreed with the International Monetary Fund (IMF), the World Bank and the Asian Development Bank (ADB), after formal approval of Prime Minister Yousuf Raza Gilani. On J

Published 27 Sep, 2009 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Seven percent raise in power tariff likely from October 1

The government is likely to increase power tariff by 7 percent from October 1, 2009 as agreed with the International Monetary Fund (IMF), the World Bank and the Asian Development Bank (ADB), after formal approval of Prime Minister Yousuf Raza Gilani. On J

Published 27 Sep, 2009 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Saturday (September 26, 2009).

Published 27 Sep, 2009 12:00am

Indo-Pak foreign secretaries hold useful exchange of views

Foreign Secretaries of Pakistan and India Saturday had "useful exchange of views" ahead of an important meeting, being held on Sunday between the foreign ministers of the two countries. "We had a useful exchange of views," Indian Foreign Secretary Nirupom

Published 27 Sep, 2009 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Saturday (September 26, 2009)

Published 27 Sep, 2009 12:00am

Accountability Bill to be tabled in next budget session: Prime Minister

Prime Minister Syed Yusuf Raza Gilani on Saturday announced that the government will table an Accountability Bill in the next budget session. The Prime Minster also announced that the anti-terrorism laws would be improved so that any terrorist could not g

Published 27 Sep, 2009 12:00am

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 11	252.63
Diesel/Litre / May 11	256.64

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.09
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,544,491 ▲ 2.45
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