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Print - 2009-10-13
Interactive talk show on 'Our Unwanted Daughters of the East'

Interactive talk show on 'Our Unwanted Daughters of the East'

A number of social, psychological and allied problems would not arise and ratio of successful marriages would increase substantially in the Pakistani society if the triangle of mother, son and the daughter-in-law realise and honour their rights as well as
Published 13 Oct, 2009 12:00am
Provinces express inability to procure paddy

Provinces express inability to procure paddy

The provincial governments have expressed inability to procure paddy, citing financial constraints and lack of administrative capacity and storage infrastructure, sources told Business Recorder. This shocking revelation came at the Economic Co-ordi
Published 13 Oct, 2009 12:00am
Provinces express inability to procure paddy

Provinces express inability to procure paddy

The provincial governments have expressed inability to procure paddy, citing financial constraints and lack of administrative capacity and storage infrastructure, sources told Business Recorder. This shocking revelation came at the Economic Co-ordi
Published 13 Oct, 2009 12:00am
US duo wins Nobel Economics Prize, first woman lauded

US duo wins Nobel Economics Prize, first woman lauded

The Nobel Economics Prize went Monday to US economists Oliver Williamson and Elinor Ostrom, the first woman to win the award, for research on ethical corporate governance and natural resource management. Their work may be seen as particularly topical in t
Published 13 Oct, 2009 12:00am
US duo wins Nobel Economics Prize, first woman lauded

US duo wins Nobel Economics Prize, first woman lauded

The Nobel Economics Prize went Monday to US economists Oliver Williamson and Elinor Ostrom, the first woman to win the award, for research on ethical corporate governance and natural resource management. Their work may be seen as particularly topical in t
Published 13 Oct, 2009 12:00am
KSE index loses 126.07 points

KSE index loses 126.07 points

The benchmark KSE-100 index on Monday lost 126.07 points to close at 9,642.56 points level mainly due to Rawalpindi incident and profit taking opted by the local investors. The market witnessed mixed activity throughout the day with the index oscillating
Published 13 Oct, 2009 12:00am
KSE index loses 126.07 points

KSE index loses 126.07 points

The benchmark KSE-100 index on Monday lost 126.07 points to close at 9,642.56 points level mainly due to Rawalpindi incident and profit taking opted by the local investors. The market witnessed mixed activity throughout the day with the index oscillating
Published 13 Oct, 2009 12:00am
KSE index loses 126.07 points

KSE index loses 126.07 points

The benchmark KSE-100 index on Monday lost 126.07 points to close at 9,642.56 points level mainly due to Rawalpindi incident and profit taking opted by the local investors. The market witnessed mixed activity throughout the day with the index oscillating
Published 13 Oct, 2009 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (October 12, 2009).

Published 13 Oct, 2009 12:00am
BRIndex30 down 110.52 points

BRIndex30 down 110.52 points

On Monday, the BRIndex30 opened at 8,442.15 points and closed at 8,331.63 with a net negative change of -110.52 points and percentage change of -1.31. It experienced intra-day high of 8,467.02 and low of 8,296.00 points. The volume amounted to 109,935,726
Published 13 Oct, 2009 12:00am
BRIndex30 down 110.52 points

BRIndex30 down 110.52 points

On Monday, the BRIndex30 opened at 8,442.15 points and closed at 8,331.63 with a net negative change of -110.52 points and percentage change of -1.31. It experienced intra-day high of 8,467.02 and low of 8,296.00 points. The volume amounted to 109,935,726
Published 13 Oct, 2009 12:00am
LSE index loses 39.49 points

LSE index loses 39.49 points

Bearish sentiment prevailed at Lahore Stock Exchange on Monday and the equities registered losses amid descending transaction volume on account of lack of buying interest on the part of investors and institutions. The LSE-25 index lost 39.49 points and cl
Published 13 Oct, 2009 12:00am
LSE index loses 39.49 points

LSE index loses 39.49 points

Bearish sentiment prevailed at Lahore Stock Exchange on Monday and the equities registered losses amid descending transaction volume on account of lack of buying interest on the part of investors and institutions. The LSE-25 index lost 39.49 points and cl
Published 13 Oct, 2009 12:00am
Iran's parliament moves ahead with fuel subsidy cuts

Iran's parliament moves ahead with fuel subsidy cuts

Iran's parliament on Monday moved ahead with a bill to sharply slash energy and food subsidies, approving one article of a draft law that has the potential of stoking major unrest in a country struggling under international sanctions. State radio said the
Published 13 Oct, 2009 12:00am
31 killed as jets bomb Taliban strongholds

31 killed as jets bomb Taliban strongholds

Fighter jets have bombed Taliban strongholds in the lawless north-west tribal belt, killing at least 31 suspected militants, government and security officials said Monday. The air strikes came after a militant hostage siege at army headquarters near Islam
Published 13 Oct, 2009 12:00am
TCP clarification

TCP clarification

Apropos a news item regarding an Auditor General of Pakistan report about TCP, carried by Business Recorder on October 8, the Trading Corporation of Pakistan (TCP) has clarified that the news item is not based on full facts. The facts of the case a
Published 13 Oct, 2009 12:00am
TCP clarification

TCP clarification

Apropos a news item regarding an Auditor General of Pakistan report about TCP, carried by Business Recorder on October 8, the Trading Corporation of Pakistan (TCP) has clarified that the news item is not based on full facts. The facts of the case a
Published 13 Oct, 2009 12:00am
TCP clarification

TCP clarification

Apropos a news item regarding an Auditor General of Pakistan report about TCP, carried by Business Recorder on October 8, the Trading Corporation of Pakistan (TCP) has clarified that the news item is not based on full facts. The facts of the case a
Published 13 Oct, 2009 12:00am
ECC rejects move for $15 million grant to Afghanistan

ECC rejects move for $15 million grant to Afghanistan

The Economic Co-ordination Committee (ECC) of the Cabinet has turned down a proposal of the Planning Commission to extend grant of $15 million to Afghanistan to adjust escalation charges under 'Prime Minister's Programme for Reconstruction and Rehabilitat
Published 13 Oct, 2009 12:00am
India warned against conducting another nuclear test

India warned against conducting another nuclear test

An influential US newspaper on Monday urged India to resist domestic pressures to test a nuclear weapon as its 1988 tests were a "fizzle", saying it would be a huge setback for New Delhi-Washington ties, the war on terror and halting the spread of atomic
Published 13 Oct, 2009 12:00am
Navy begins exercise Seaspark 2009

Navy begins exercise Seaspark 2009

Pakistan Navy's maritime exercise `SEASPARK 2009' commenced on Monday. An ISPR (Navy) press release said on Monday that the exercise spanning over six weeks, will be conducted in North Arabian Sea employing all operational units of Pakistan Navy including
Published 13 Oct, 2009 12:00am
Navy begins exercise Seaspark 2009

Navy begins exercise Seaspark 2009

Pakistan Navy's maritime exercise `SEASPARK 2009' commenced on Monday. An ISPR (Navy) press release said on Monday that the exercise spanning over six weeks, will be conducted in North Arabian Sea employing all operational units of Pakistan Navy including
Published 13 Oct, 2009 12:00am
LHC quashes FIRs against Hafiz Saeed

LHC quashes FIRs against Hafiz Saeed

A division bench of Lahore High Court here Monday ordered to quash FIRs of two criminal cases lodged against chief of the banned religious organisation Jamat-ud-Dawa (JuD), Hafiz Mohammad Saeed on the charges exhorting the Muslims to fight against USA, Is
Published 13 Oct, 2009 12:00am
LHC quashes FIRs against Hafiz Saeed

LHC quashes FIRs against Hafiz Saeed

A division bench of Lahore High Court here Monday ordered to quash FIRs of two criminal cases lodged against chief of the banned religious organisation Jamat-ud-Dawa (JuD), Hafiz Mohammad Saeed on the charges exhorting the Muslims to fight against USA, Is
Published 13 Oct, 2009 12:00am
India tests nuclear capable Prithvi-II missile

India tests nuclear capable Prithvi-II missile

The Indian military successfully test-fired two short-range nuclear-capable missiles from a site in the east of the country on Monday, a defence source said. The Prithvi-II ground-to-ground missiles were fired from a test range in Chandipur-on-sea in Oris
Published 13 Oct, 2009 12:00am
India tests nuclear capable Prithvi-II missile

India tests nuclear capable Prithvi-II missile

The Indian military successfully test-fired two short-range nuclear-capable missiles from a site in the east of the country on Monday, a defence source said. The Prithvi-II ground-to-ground missiles were fired from a test range in Chandipur-on-sea in Oris
Published 13 Oct, 2009 12:00am
Pakistani envoy in India dies of electric shock

Pakistani envoy in India dies of electric shock

A senior Pakistani diplomat in the Indian capital died of an electric shock in his residency while using a hairdryer in the bathroom, a colleague said Monday. M. Khan Afridi, political counsellor at Pakistan's High Commission (embassy) in New Delhi, colla
Published 13 Oct, 2009 12:00am
Pakistani envoy in India dies of electric shock

Pakistani envoy in India dies of electric shock

A senior Pakistani diplomat in the Indian capital died of an electric shock in his residency while using a hairdryer in the bathroom, a colleague said Monday. M. Khan Afridi, political counsellor at Pakistan's High Commission (embassy) in New Delhi, colla
Published 13 Oct, 2009 12:00am
Hezbollah official among dead in Lebanon blast

Hezbollah official among dead in Lebanon blast

A Hezbollah official and his son were killed in a munitions explosion in their home in southern Lebanon on Monday, security sources said. Three other people were killed in the blast in Tayr Filsi village on the southern bank of the Litani river, just insi
Published 13 Oct, 2009 12:00am
Hezbollah official among dead in Lebanon blast

Hezbollah official among dead in Lebanon blast

A Hezbollah official and his son were killed in a munitions explosion in their home in southern Lebanon on Monday, security sources said. Three other people were killed in the blast in Tayr Filsi village on the southern bank of the Litani river, just insi
Published 13 Oct, 2009 12:00am
Senate calls to develop consensus on controversial clauses

Senate calls to develop consensus on controversial clauses

The upper house of the parliament Monday demanded of the government to develop consensus on the controversial clauses of the Kerry-Lugar bill and proposed an all parties round-table conference for this purpose. On second day of the debate on the US aid bi
Published 13 Oct, 2009 12:00am
Senate calls to develop consensus on controversial clauses

Senate calls to develop consensus on controversial clauses

The upper house of the parliament Monday demanded of the government to develop consensus on the controversial clauses of the Kerry-Lugar bill and proposed an all parties round-table conference for this purpose. On second day of the debate on the US aid bi
Published 13 Oct, 2009 12:00am
NFC meeting: Tarin terms GST on services provinces' right

NFC meeting: Tarin terms GST on services provinces' right

The federal government has agreed in principle to Sindh's suggestion under which the revenue generated through General Sales Tax (GST) would go to the province here on Monday during the first session of National Finance Commission (NFC) meeting. Technical
Published 13 Oct, 2009 12:00am
NFC meeting: Tarin terms GST on services provinces' right

NFC meeting: Tarin terms GST on services provinces' right

The federal government has agreed in principle to Sindh's suggestion under which the revenue generated through General Sales Tax (GST) would go to the province here on Monday during the first session of National Finance Commission (NFC) meeting. Technical
Published 13 Oct, 2009 12:00am
NFC meeting: Tarin terms GST on services provinces'' right

NFC meeting: Tarin terms GST on services provinces'' right

The federal government has agreed in principle to Sindh''s suggestion under which the revenue generated through General Sales Tax (GST) would go to the province here on Monday during the first session of National Finance Commission (NFC) meeting. Technica
Published 13 Oct, 2009 12:00am
$1 billion pledges: Japan says use our taxpayers' money transparently

$1 billion pledges: Japan says use our taxpayers' money transparently

After the United States, Japan also pressed Pakistani government to ensure transparent and effective utilisation of its $1 billion assistance pledged during the Tokyo conference in April 2008. The emphasis was made at a meeting of visiting Foreign Ministe
Published 13 Oct, 2009 12:00am
$1 billion pledges: Japan says use our taxpayers' money transparently

$1 billion pledges: Japan says use our taxpayers' money transparently

After the United States, Japan also pressed Pakistani government to ensure transparent and effective utilisation of its $1 billion assistance pledged during the Tokyo conference in April 2008. The emphasis was made at a meeting of visiting Foreign Ministe
Published 13 Oct, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 13 Oct, 2009 12:00am
$1 billion pledges: Japan says use our taxpayers'' money transparently

$1 billion pledges: Japan says use our taxpayers'' money transparently

After the United States, Japan also pressed Pakistani government to ensure transparent and effective utilisation of its $1 billion assistance pledged during the Tokyo conference in April 2008. The emphasis was made at a meeting of visiting Foreign Ministe
Published 13 Oct, 2009 12:00am
$1 billion pledges: Japan says use our taxpayers'''' money transparently

$1 billion pledges: Japan says use our taxpayers'''' money transparently

After the United States, Japan also pressed Pakistani government to ensure transparent and effective utilisation of its $1 billion assistance pledged during the Tokyo conference in April 2008. The emphasis was made at a meeting of visiting Foreign Ministe
Published 13 Oct, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (October 12, 2009).

Published 13 Oct, 2009 12:00am
National Assembly condemns attack on GHQ

National Assembly condemns attack on GHQ

The National Assembly on Monday strongly condemned the terrorist attack on GHQ and unanimously passed a resolution saying that the nation is fully united against all threats to the security, integrity and sovereignty of Pakistan. The motion was moved by L
Published 13 Oct, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 13 Oct, 2009 12:00am
National Assembly condemns attack on GHQ

National Assembly condemns attack on GHQ

The National Assembly on Monday strongly condemned the terrorist attack on GHQ and unanimously passed a resolution saying that the nation is fully united against all threats to the security, integrity and sovereignty of Pakistan. The motion was moved by L
Published 13 Oct, 2009 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Oct, 2009 12:00am
Minister sees sugar industry doom if mills fail to pay dues

Minister sees sugar industry doom if mills fail to pay dues

Federal Minister for Food and Agriculture on Monday observed that if the sugar millers failed in timely payment of the dues to farmers there is a strong possibility that they will shift to other cash crops such as wheat and rice, which will eliminate the
Published 13 Oct, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Oct, 2009 12:00am
Minister sees sugar industry doom if mills fail to pay dues

Minister sees sugar industry doom if mills fail to pay dues

Federal Minister for Food and Agriculture on Monday observed that if the sugar millers failed in timely payment of the dues to farmers there is a strong possibility that they will shift to other cash crops such as wheat and rice, which will eliminate the
Published 13 Oct, 2009 12:00am
Minister sees sugar industry doom if mills fail to pay dues

Minister sees sugar industry doom if mills fail to pay dues

Federal Minister for Food and Agriculture on Monday observed that if the sugar millers failed in timely payment of the dues to farmers there is a strong possibility that they will shift to other cash crops such as wheat and rice, which will eliminate the
Published 13 Oct, 2009 12:00am
'Developmental psychopathology' moot kicks off today

'Developmental psychopathology' moot kicks off today

The National Centre for Physics (NCP) is organising a three-day conference, "Developmental Psychopathology: Prevalence, Management, & Prevention," starting on Tuesday (today), at the NCP.
Published 13 Oct, 2009 12:00am
Sugar at Rs 40 per kg: NWFP determined to enforce Supreme Court verdict

Sugar at Rs 40 per kg: NWFP determined to enforce Supreme Court verdict

NWFP Food Minister Shuja Salim Khan on Monday assured the provincial assembly that the government would implement the decision of the Supreme Court regarding the price of sugar in the province. He was replying to a joint adjournment motion of opposition l
Published 13 Oct, 2009 12:00am
Al-Shaymaa launches operations in Pakistan

Al-Shaymaa launches operations in Pakistan

Al-Shaymaa Private Limited, a subsidiary of Al-Shaymaa FZE; a UAE based investment group, has launched its operations in Pakistan. A statement here on Monday said that Al-Shaymaa had entered into the Pakistani market with a diversified portfolio of techno
Published 13 Oct, 2009 12:00am
Rehman Malik meets Singapore's Home Minister

Rehman Malik meets Singapore's Home Minister

Federal Minister for Interior Rehman Malik, who is currently in Singapore on a short visit to attend the 78th Interpol Ministerial Meeting being held in Singapore, called on Singapore's Minister for Home Affairs K. Shanmugan. The Minister explained that t
Published 13 Oct, 2009 12:00am