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Print - 2009-10-14
Message from Federal Minister for Science & Technology

Message from Federal Minister for Science & Technology

It is indeed an honour to felicitate PSQCA on celebrating the World Standard Day on the l4 day of October 2009 in collaboration with ISO, IEC & ITU prestigious international organisations and is publishing special supplements in the national dailies. Ther
Published 14 Oct, 2009 12:00am
Creation of ''Pak-China Holding Company'' proposed

Creation of ''Pak-China Holding Company'' proposed

Prime Minister Syed Yousuf Raza Gilani on Tuesday said Pakistan wishes to achieve its objective of a robust economy through partnerships and joint investments with China in all fields. He was talking to Levin Zhou, President of China International Capital
Published 14 Oct, 2009 12:00am
US gold higher

US gold higher

US gold futures ended higher on Monday after briefly rising above $1,060 an ounce as the dollar's weakness increased the appeal of bullion as a hedge against a falling US currency. Most-active December gold futures settled up $8.90 at $1,057.50 an ounce o
Published 14 Oct, 2009 12:00am
Creation of 'Pak-China Holding Company' proposed

Creation of 'Pak-China Holding Company' proposed

Prime Minister Syed Yousuf Raza Gilani on Tuesday said Pakistan wishes to achieve its objective of a robust economy through partnerships and joint investments with China in all fields. He was talking to Levin Zhou, President of China International Capital
Published 14 Oct, 2009 12:00am
Gold ends flat in Asia

Gold ends flat in Asia

Gold was mostly flat on Tuesday after investors locked in profits a day after the precious metal tested an all-time high above $1,060 an ounce. Lacklustre trade in currency markets ahead of major corporate earnings kept traders from taking large gold posi
Published 14 Oct, 2009 12:00am
Creation of 'Pak-China Holding Company' proposed

Creation of 'Pak-China Holding Company' proposed

Prime Minister Syed Yousuf Raza Gilani on Tuesday said Pakistan wishes to achieve its objective of a robust economy through partnerships and joint investments with China in all fields. He was talking to Levin Zhou, President of China International Capital
Published 14 Oct, 2009 12:00am
Japanese rubber stocks down

Japanese rubber stocks down

Japan's crude rubber inventories totalled 5,842 tonnes as of September 30, down roughly 4.9 percent from 10 days earlier, data from the Rubber Trade Association of Japan showed. The latest figure represents an increase of about 33.5 percent from a year ea
Published 14 Oct, 2009 12:00am
US rice futures up

US rice futures up

US rice futures closed higher on Monday on support from a falling dollar and gains in grains and soy. CBOT November rice up 39-1/2 cents at $13.79-1/2 per hundredweight. Philippines orders rice imports as typhoon costs mount. Vietnam-Iraq joint venture wi
Published 14 Oct, 2009 12:00am
Hu hails Chinese infrastructure projects in Pakistan

Hu hails Chinese infrastructure projects in Pakistan

Chinese President Hu Jintao praised his country's infrastructure projects in Pakistan on Tuesday, as he and Prime Minister Yousuf Raza Gilani reaffirmed the traditional close friendship between the two nations. Hu said China wanted to "join hands with Pak
Published 14 Oct, 2009 12:00am
Asian physical rubber

Asian physical rubber

Asian physical rubber prices were down a touch but remained high on Tuesday as supplies remained fairly tight. The Thai government said on Tuesday it would seek co-operation with other key rubber producing nations to push prices above 80 baht per kg. A Th
Published 14 Oct, 2009 12:00am
US Senate panel endorses healthcare overhaul

US Senate panel endorses healthcare overhaul

A key US Senate committee endorsed a sweeping healthcare overhaul on Tuesday, gaining the support of an influential Republican and delivering President Barack Obama a victory on his top domestic priority. The Democratic-controlled Senate Finance Committee
Published 14 Oct, 2009 12:00am
New York sugar ends firm

New York sugar ends firm

Raw sugar futures settled higher Monday on modest investor short-covering as the market rebounded from a fall last week to a 2-month low, brokers said. The March raw sugar contract rose 0.39 cent to conclude at 21.63 cents per lb. Traded from 21.24 to 21.
Published 14 Oct, 2009 12:00am
Tokyo rubber futures higher

Tokyo rubber futures higher

Tokyo rubber futures rose more than 1 percent on Tuesday, in response to a weaker yen, after rising to a one-year high late last week. The key Tokyo Commodity Exchange rubber contract for March delivery was at 217.4 yen per kg, up 2.1 yen or about 1 perce
Published 14 Oct, 2009 12:00am
FBR achieves key performance benchmarks set by IMF: Sohail

FBR achieves key performance benchmarks set by IMF: Sohail

The Federal Board of Revenue (FBR) has met the key performance benchmarks set by International Monetary Fund (IMF) under the Stand-By Arrangement (SBA). FBR Chairman Sohail Ahmed told reporters here on Tuesday that the draft law on harmonisation of all ta
Published 14 Oct, 2009 12:00am
Moong prices fall sharply on grain market

Moong prices fall sharply on grain market

Steep decline was seen in the prices of moong on the grain and seed wholesale market on Tuesday in lean business, dealers said. On the cereal side moong Punjab was sharply lower by Rs 665 to Rs 3315 and masoor from Canada followed suit, losing Rs 200 to R
Published 14 Oct, 2009 12:00am
US copper settles up

US copper settles up

US copper futures closed quietly higher on Monday, swept up in a dollar-induced buying spree seen across the broader commodity complex, with supply-side issues in Chile lending some support to the move. Copper for December delivery ended up 1.90 cents at
Published 14 Oct, 2009 12:00am
NFC Award to be based on four-point multiple criteria: Qaim

NFC Award to be based on four-point multiple criteria: Qaim

The National Finance Commission (NFC) has agreed in principle to adopt a four-point multiple criteria for the distribution of resources under NFC Award, declare GST on services a provincial subject and give enough share to the provinces, particularly Balo
Published 14 Oct, 2009 12:00am
Copper prices edge down in Asia

Copper prices edge down in Asia

Copper prices inched lower on Tuesday as caution over the metal's demand prospects offset a weak dollar, and speculative interest that had helped fuel the earlier rally faded away. Metals and mining industry executives at the annual London Metals Exchange
Published 14 Oct, 2009 12:00am
NFC Award to be based on four-point multiple criteria: Qaim

NFC Award to be based on four-point multiple criteria: Qaim

The National Finance Commission (NFC) has agreed in principle to adopt a four-point multiple criteria for the distribution of resources under NFC Award, declare GST on services a provincial subject and give enough share to the provinces, particularly Balo
Published 14 Oct, 2009 12:00am
Bangladesh tea falls

Bangladesh tea falls

The average price of Bangladeshi teas fell 1.85 percent to 138.08 taka ($2.00) per kg on poor quality at the weekly auction on Tuesday, brokers said. About 1.53 million kg were sold on average at 138.08 taka per kg, down 2.60 taka from the last sale. Some
Published 14 Oct, 2009 12:00am
NFC Award to be based on four-point multiple criteria: Qaim

NFC Award to be based on four-point multiple criteria: Qaim

The National Finance Commission (NFC) has agreed in principle to adopt a four-point multiple criteria for the distribution of resources under NFC Award, declare GST on services a provincial subject and give enough share to the provinces, particularly Balo
Published 14 Oct, 2009 12:00am
All round increase seen on cotton market

All round increase seen on cotton market

Rates moved up on the cotton market on Tuesday as demand was strong by the importing countries, dealers said. The official spot rate showed a rise of Rs 25 to Rs 3500 for the second day in a row. Phutti prices in Sindh also rose by Rs 25 to Rs 1675-1700 a
Published 14 Oct, 2009 12:00am
Chinese soya buyers focus on new South American crops

Chinese soya buyers focus on new South American crops

Chinese soyabean importers have shifted their buying interest temporarily away from the US soya crop and bought about 13 South American soya cargoes over recent days, traders said on Tuesday. Chinese crushers still need to buy US soya crop for December an
Published 14 Oct, 2009 12:00am
KSE index gains 43.84 points

KSE index gains 43.84 points

The Karachi share market on Tuesday witnessed positive trend and KSE-100 index gained 43.84 points to close at 9,686.40 points from 9,642.56 points. The index hit 9,726.33 points intra-day high and 9,624.74 points low. Despite positive trend, trading volu
Published 14 Oct, 2009 12:00am
Oil cake market rates

Oil cake market rates

Rising trend was again seen on the forward cottonseed oilcake market on Tuesday in process of trading, dealers said. The December vaida, which closed at 905.60, opened with slight gain of 10 paisa at Rs 905.70 while the January contract, which closed at R
Published 14 Oct, 2009 12:00am
KSE index gains 43.84 points

KSE index gains 43.84 points

The Karachi share market on Tuesday witnessed positive trend and KSE-100 index gained 43.84 points to close at 9,686.40 points from 9,642.56 points. The index hit 9,726.33 points intra-day high and 9,624.74 points low. Despite positive trend, trading volu
Published 14 Oct, 2009 12:00am
Ukraine's grain crop, exports seen higher

Ukraine's grain crop, exports seen higher

UkrAgroConsult agriculture consultancy on Tuesday raised its 2009 grain crop forecast for Ukraine to 42.7 million tonnes from a previous estimate of 41.7 million due to a higher maize harvest. It said the increase will allow Ukraine to export 19.0 million
Published 14 Oct, 2009 12:00am
Kashmir glaciers shrinking at 'alarming' pace

Kashmir glaciers shrinking at 'alarming' pace

Rising winter temperatures are shrinking Himalayan glaciers in Indian held Kashmir at "alarming" speeds, threatening water supplies to vast tracts of India and Pakistan, according to a new study. The Kolahoi glacier, the largest in the region, has shrunk
Published 14 Oct, 2009 12:00am
US corn futures sharply higher

US corn futures sharply higher

US corn futures closed sharply higher on Monday, boosted by a freeze over the weekend that likely harmed some of the immature US crop and on rain/snow this week that will slow corn harvest. CBOT December corn closed 19 cents per bushel higher at $3.81-1/4
Published 14 Oct, 2009 12:00am
Kashmir glaciers shrinking at 'alarming' pace

Kashmir glaciers shrinking at 'alarming' pace

Rising winter temperatures are shrinking Himalayan glaciers in Indian held Kashmir at "alarming" speeds, threatening water supplies to vast tracts of India and Pakistan, according to a new study. The Kolahoi glacier, the largest in the region, has shrunk
Published 14 Oct, 2009 12:00am
US Midwest bids for corn and soyabeans rise

US Midwest bids for corn and soyabeans rise

Spot basis bids for corn and soyabeans rose around the US Midwest on Monday as processors and elevators competed for relatively thin new-crop supplies, dealers said. Farmers were active sellers of both commodities, as corn futures climbed more than 5 perc
Published 14 Oct, 2009 12:00am
Creation of IRS aimed at raising tax-to-GDP ratio: Sohail

Creation of IRS aimed at raising tax-to-GDP ratio: Sohail

Federal Board of Revenue (FBR) Chairman Sohail Ahmed has said that the new occupational group, ie Inland Revenue Services (IRS), has been created in line with the Establishment Division rules of business to integrate domestic taxes for raising tax-to-GDP
Published 14 Oct, 2009 12:00am
Indonesia permits refiners to import extra raw sugar

Indonesia permits refiners to import extra raw sugar

Indonesia, Southeast Asia's largest sugar consumer, has issued permits to eight refiners to import an additional 445,000 tonnes of raw sugar this year to boost stocks, a trade ministry official said on Tuesday. "The permits have been distributed to refine
Published 14 Oct, 2009 12:00am
Oil World cuts global sunflower seed crop forecast

Oil World cuts global sunflower seed crop forecast

The global 2009-10 sunflower seed crop is likely to fall 2.6 million tonnes on the year to 31.7 million tonnes and smaller supplies are likely to raise prices in coming weeks, Hamburg-based oilseeds analysts Oil World forecast on Tuesday. The forecast is
Published 14 Oct, 2009 12:00am
KCBT wheat futures five percent higher

KCBT wheat futures five percent higher

Hard red winter wheat futures on the Kansas City Board of Trade ended more than 5 percent higher on Monday as a weaker dollar and weather worries buoyed prices. The benchmark Kansas City Board of Trade December contract ended up 26 cents, or 5.4 percent,
Published 14 Oct, 2009 12:00am
BRIndex30 up 56.95 points

BRIndex30 up 56.95 points

On Tuesday, the BRIndex30 opened in the positive zone, at 8,331.63 points, and closed at 8,388.58 points with a net positive change of 56.95 points and percentage change of 0.68. It experienced intra-day high of 8,425.35 and low of 8,325.95 points. The vo
Published 14 Oct, 2009 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 143,797 tonnes of cargo including 80,873 tonnes import and 62,942 tonnes export cargo including 4,158 empty and loaded containers during last 24 hours ending at 0700 hours on Tuesday. The cargo comprised of 80,534 tonnes dry cargo
Published 14 Oct, 2009 12:00am
BRIndex30 up 56.95 points

BRIndex30 up 56.95 points

On Tuesday, the BRIndex30 opened in the positive zone, at 8,331.63 points, and closed at 8,388.58 points with a net positive change of 56.95 points and percentage change of 0.68. It experienced intra-day high of 8,425.35 and low of 8,325.95 points. The vo
Published 14 Oct, 2009 12:00am
FOB Gulf soya export premiums steady

FOB Gulf soya export premiums steady

US soyabean export premiums at the Gulf of Mexico were about steady on Monday amid tight global supplies and good demand helped by a weak US dollar, traders said. Continued interest from China for January soyabean shipments, but no sales confirmed on Mond
Published 14 Oct, 2009 12:00am
KSE index gains 43.84 points

KSE index gains 43.84 points

The Karachi share market on Tuesday witnessed positive trend and KSE-100 index gained 43.84 points to close at 9,686.40 points from 9,642.56 points. The index hit 9,726.33 points intra-day high and 9,624.74 points low. Despite positive trend, trading volu
Published 14 Oct, 2009 12:00am
Message from President of the Islamic Republic of Pakistan

Message from President of the Islamic Republic of Pakistan

World Standards Day being observed today with the theme "Tackling climate change through standards" is an opportunity to raise awareness about standardisation and adoption of quality control standards in environment sector. This is all the more important
Published 14 Oct, 2009 12:00am
Army chief to decide time of offensive: Malik

Army chief to decide time of offensive: Malik

Interior Minister A. Rehman Malik has said the political leadership has taken the decision to launch a military offensive against terrorists in Waziristan to eliminate terror network from the area. "The Army Chief will decide the time to launch the drive,
Published 14 Oct, 2009 12:00am
Message from Prime Minister of the Islamic Republic of Pakistan

Message from Prime Minister of the Islamic Republic of Pakistan

World Standard Day is celebrated on 14 October every year by all member countries of International Organisation for Standardisation (ISO), International Electro Commission (IEC) and International Telecommunication Union (ITU) with a view to highlight the
Published 14 Oct, 2009 12:00am
LHC restrains government from leasing land to foreigners

LHC restrains government from leasing land to foreigners

Chief Justice Lahore High Court, Khawaja Muhammad Sharif restrained the government from leasing or selling out land to foreign countries without prior notice to the court and held that if interior ministry will take any action it would have to face contem
Published 14 Oct, 2009 12:00am
Equities moved both ways on LSE

Equities moved both ways on LSE

Equities moved both ways on Lahore Stock Exchange on Tuesday and ended in green zone following fresh buying in insurance sector shares and securities companies in anticipation of attractive financial results. The LSE-15 index managed a gain of 15.58 point
Published 14 Oct, 2009 12:00am
Airline flies first passenger flight on natural gas

Airline flies first passenger flight on natural gas

The world''s first commercial passenger flight powered by a fuel made from natural gas completed late on Monday a six-hour journey from London to Qatar, one of the biggest producers of natural gas. "Today''s flight opens the door to an alternative to oil-
Published 14 Oct, 2009 12:00am
British lawmakers told to repay irregular expenses or lose status

British lawmakers told to repay irregular expenses or lose status

Prime Minister Gordon Brown and opposition leader David Cameron told lawmakers Tuesday to pay back disputed expense claims or risk losing their jobs, as the scandal returns to haunt politicians. They were speaking the day after members of parliament (MPs)
Published 14 Oct, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (October 13, 2009).
Published 14 Oct, 2009 12:00am
British lawmakers told to repay irregular expenses or lose status

British lawmakers told to repay irregular expenses or lose status

Prime Minister Gordon Brown and opposition leader David Cameron told lawmakers Tuesday to pay back disputed expense claims or risk losing their jobs, as the scandal returns to haunt politicians. They were speaking the day after members of parliament (MPs)
Published 14 Oct, 2009 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (October 13, 2009).

Published 14 Oct, 2009 12:00am
British lawmakers told to repay irregular expenses or lose status

British lawmakers told to repay irregular expenses or lose status

Prime Minister Gordon Brown and opposition leader David Cameron told lawmakers Tuesday to pay back disputed expense claims or risk losing their jobs, as the scandal returns to haunt politicians. They were speaking the day after members of parliament (MPs)
Published 14 Oct, 2009 12:00am
Germany's Bundesbank workers stage mass protest

Germany's Bundesbank workers stage mass protest

Central banker militancy hit the streets of Frankfurt for the second time in less than a year on Tuesday, as 1,400 Bundesbank workers staged the biggest protest in the bank's history at plans to shut almost half its branches. The Bundesbank said last mont
Published 14 Oct, 2009 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (October 13, 2009).

Published 14 Oct, 2009 12:00am
Gold and silver hit historic highs

Gold and silver hit historic highs

Price of gold and silver on Tuesday hit historic high of Rs 33,000 per tola and Rs 510 per tola, respectively on the local market following surge in their global prices, traders said. Gold was traded at Rs 33,000 per tola which was previously available fo
Published 14 Oct, 2009 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (October 13, 2009).

Published 14 Oct, 2009 12:00am
Gold and silver hit historic highs

Gold and silver hit historic highs

Price of gold and silver on Tuesday hit historic high of Rs 33,000 per tola and Rs 510 per tola, respectively on the local market following surge in their global prices, traders said. Gold was traded at Rs 33,000 per tola which was previously available fo
Published 14 Oct, 2009 12:00am
Gold and silver hit historic highs

Gold and silver hit historic highs

Price of gold and silver on Tuesday hit historic high of Rs 33,000 per tola and Rs 510 per tola, respectively on the local market following surge in their global prices, traders said. Gold was traded at Rs 33,000 per tola which was previously available fo
Published 14 Oct, 2009 12:00am
Suicide bombing toll mounts to 45 in Alpuri

Suicide bombing toll mounts to 45 in Alpuri

The death toll from a suicide bombing carried out by a teenage boy who struck in a busy market in north-west has risen to 45, officials said Tuesday. The bomber, wearing a vest packed with explosives, flung himself at a military convoy as it passed throug
Published 14 Oct, 2009 12:00am
World Bank team visits PEF Secretariat

World Bank team visits PEF Secretariat

A 5-member delegation of the World Bank visited Punjab Education Foundation (PEF) Secretariat on Tuesday to discuss the policies and progress of the PEF and its programmes. The delegation consists of Dhushyanth Raju (Economist Education), Felipe Barrera (
Published 14 Oct, 2009 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (October 13, 2009).

Published 14 Oct, 2009 12:00am
CDB to finance energy projects

CDB to finance energy projects

China Development Bank (CDB), a top-ranking financial institution on Tuesday agreed to support Pakistan on undertaking major energy projects, to help it overcome the energy crisis. CDB Chairman Chen Yuan, who called on Prime Minister Syed Yusuf Raza Gilan
Published 14 Oct, 2009 12:00am
State Bank of Pakistan conversion rates

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 14 Oct, 2009 12:00am
CDB to finance energy projects

CDB to finance energy projects

China Development Bank (CDB), a top-ranking financial institution on Tuesday agreed to support Pakistan on undertaking major energy projects, to help it overcome the energy crisis. CDB Chairman Chen Yuan, who called on Prime Minister Syed Yusuf Raza Gilan
Published 14 Oct, 2009 12:00am
Barclays bid rates and maximum rates for payment of interest

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 14 Oct, 2009 12:00am
LHC restrains government from leasing land to foreigners

LHC restrains government from leasing land to foreigners

Chief Justice Lahore High Court, Khawaja Muhammad Sharif restrained the government from leasing or selling out land to foreign countries without prior notice to the court and held that if interior ministry will take any action it would have to face contem
Published 14 Oct, 2009 12:00am
Message from Director General PSQCA

Message from Director General PSQCA

World Standards Day, since 1970 is celebrated internationally each year on October 14th. The day honours the efforts of the thousands of experts who develop voluntary standards within standards development organisations such as the International Electrote
Published 14 Oct, 2009 12:00am
LHC restrains government from leasing land to foreigners

LHC restrains government from leasing land to foreigners

Chief Justice Lahore High Court, Khawaja Muhammad Sharif restrained the government from leasing or selling out land to foreign countries without prior notice to the court and held that if interior ministry will take any action it would have to face contem
Published 14 Oct, 2009 12:00am
Message from Federal Secretary Ministry of Science & Technology

Message from Federal Secretary Ministry of Science & Technology

Every year, 14 October is commemorated in 151 countries by National Standards bodies as member of the International Organisation for Standardisation (ISO) and the International Electro-technical Commission (IEC) as World Standards Day. The spirit of this
Published 14 Oct, 2009 12:00am
IMF projects GDP flat at two percent

IMF projects GDP flat at two percent

Pakistan''s gross domestic product (GDP) growth is expected to remain unchanged at 2 percent in the 2009/10 fiscal year, the International Monetary Fund (IMF) said. The government''s GDP growth target for this July-June fiscal year is 3.3 percent. GDP gro
Published 14 Oct, 2009 12:00am
Message from IEC President

Message from IEC President

The world is facing a critical challenge. Increasing greenhouse gas emissions are raising the earth's average temperature. As a result, dramatic climate change is forecast and global scientific opinion predicts enormous developmental, economic, social and
Published 14 Oct, 2009 12:00am
IMF projects GDP flat at two percent

IMF projects GDP flat at two percent

Pakistan's gross domestic product (GDP) growth is expected to remain unchanged at 2 percent in the 2009/10 fiscal year, the International Monetary Fund (IMF) said. The government's GDP growth target for this July-June fiscal year is 3.3 percent. GDP growt
Published 14 Oct, 2009 12:00am
Standards - key to global competitiveness

Standards - key to global competitiveness

Standards are the "lingua franca" of world trade. International Standards provide a common technical language for trade partners throughout the world and help remove unfair trade barriers, facilitating global trade.
Published 14 Oct, 2009 12:00am
IMF projects GDP flat at two percent

IMF projects GDP flat at two percent

Pakistan's gross domestic product (GDP) growth is expected to remain unchanged at 2 percent in the 2009/10 fiscal year, the International Monetary Fund (IMF) said. The government's GDP growth target for this July-June fiscal year is 3.3 percent. GDP growt
Published 14 Oct, 2009 12:00am
Rethink what you drink: how safe is your bottled water

Rethink what you drink: how safe is your bottled water

If you're surprised to find "water" listed as one of the World's Healthiest Foods, you are not alone. Many health-conscious people don't think about water as being "much" of a food if not at all. It is listed so on the basis of nutrient density: providing
Published 14 Oct, 2009 12:00am
Bulls back in driving seat on ISE

Bulls back in driving seat on ISE

Bulls returned in the driving seat at Islamabad Stock Exchange (ISE) on Tuesday where equities showed healthy signs under the lead of hot favourite amid increase in index. ISE-10 Index showed an improvement of 7.03 points. The volume of trade amounted to
Published 14 Oct, 2009 12:00am
Army chief to decide time of offensive: Malik

Army chief to decide time of offensive: Malik

Interior Minister A. Rehman Malik has said the political leadership has taken the decision to launch a military offensive against terrorists in Waziristan to eliminate terror network from the area. "The Army Chief will decide the time to launch the drive,
Published 14 Oct, 2009 12:00am
Equities moved both ways on LSE

Equities moved both ways on LSE

Equities moved both ways on Lahore Stock Exchange on Tuesday and ended in green zone following fresh buying in insurance sector shares and securities companies in anticipation of attractive financial results. The LSE-15 index managed a gain of 15.58 point
Published 14 Oct, 2009 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 14 Oct, 2009 12:00am
Strategy for product development & quality assurance

Strategy for product development & quality assurance

In our Country technological intensity of the Food Industry is increasing and individual companies are committing more resources to technical endeavours. As a major Manufacturers of Biscuit and Cookies in Pakistan, English Biscuits Manufacturers (Private)
Published 14 Oct, 2009 12:00am
BITA PIPES: Shafisons Engineering Private Limited

BITA PIPES: Shafisons Engineering Private Limited

Shafisons Engineering Private Limited (SSEPL) created ripples in the field of Engineering Plastics in year 1994 by launching of brand, "BETA PIPES". The main vision was to serve the nation by providing reliable, economical, environment friendly and qualit
Published 14 Oct, 2009 12:00am
Obama approved 13,000 more troops to Afghanistan

Obama approved 13,000 more troops to Afghanistan

President Barack Obama has approved the deployment of an additional 13,000 US troops to Afghanistan beyond the 21,000 he announced publicly in March, The Washington Post reported Tuesday. The additional troops are primarily support forces - such as engine
Published 14 Oct, 2009 12:00am
Oil prices drop in Asia

Oil prices drop in Asia

Oil edged down to about $73 a barrel on Tuesday, after rising for three straight sessions to settle at a seven-week high the previous day, buoyed by a weak dollar and optimism over the pace of global economic recovery. With earnings from a number of major
Published 14 Oct, 2009 12:00am
Bulls back in driving seat on ISE

Bulls back in driving seat on ISE

Bulls returned in the driving seat at Islamabad Stock Exchange (ISE) on Tuesday where equities showed healthy signs under the lead of hot favourite amid increase in index. ISE-10 Index showed an improvement of 7.03 points. The volume of trade amounted to
Published 14 Oct, 2009 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 14 Oct, 2009 12:00am
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