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Print - 2009-11-19
Secretariat in the grip of corruption scandals

Secretariat in the grip of corruption scandals

Pakistan Secretariat, a complex of key Federal Ministries, except Defence and Foreign Affairs, is in the grip of corruption scandals. Immediately after the release of Transparency International (TI) report, Prime Minister Yousaf Raza Gilani ordered an inq
Published 19 Nov, 2009 12:00am
Secretariat in the grip of corruption scandals

Secretariat in the grip of corruption scandals

Pakistan Secretariat, a complex of key Federal Ministries, except Defence and Foreign Affairs, is in the grip of corruption scandals. Immediately after the release of Transparency International (TI) report, Prime Minister Yousaf Raza Gilani ordered an inq
Published 19 Nov, 2009 12:00am
LHC allows bail to forex company official

LHC allows bail to forex company official

The Lahore High Court has allowed bail to Muhammad Azam Chisti, the Chief Executive of Forex company Aegies. Earlier, the applicant counsel Azhar Saddique contended before the court that Chisti was in jail for the last two and half years but his reference
Published 19 Nov, 2009 12:00am
MoC consulting stakeholders on new ATTA

MoC consulting stakeholders on new ATTA

The Ministry of Commerce (MoC) is seeking the business community's views on the proposals and recommendations for inclusion in the proposed new Pak-Afghan transit trade agreement (ATTA). A new trade agreement is being negotiated between Pakistan and Afgha
Published 19 Nov, 2009 12:00am
Meeting held to review arrangement for supply of sugar

Meeting held to review arrangement for supply of sugar

A high level meeting was held here on Wednesday under the chairmanship of Chief Minister Punjab Muhammad Shahbaz Sharif to review the arrangements for the supply of sugar in the province. Provincial Minister for Food Nadeem Kamran Malik, Chief Secretary,
Published 19 Nov, 2009 12:00am
President wants power transfer to Parliament: Gabol

President wants power transfer to Parliament: Gabol

President, Asif Ali Zardari wants to surrender the powers of 58(2) B to Parliament before March. Minister of Ports and Shipping, Nabeel Gabol while talking to a private TV channel said "Prime Minister Yousuf Raza Gilani has never said he doesn't need powe
Published 19 Nov, 2009 12:00am
Government to successfully overcome challenges soon: Governor

Government to successfully overcome challenges soon: Governor

NWFP Governor Owais Ahmed Ghani said on Wednesday that the motherland was faced with a big challenge, which is being successfully overcome and we will control it in next few months. He was talking to a group of students from University of Peshawar at Gove
Published 19 Nov, 2009 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (November 18, 2009).

Published 19 Nov, 2009 12:00am
Two pilgrims arrested at Quetta Airport

Two pilgrims arrested at Quetta Airport

Immigration officials did not allow two pilgrims for boarding Jeddah, Saudi Arabia bound Hajj flight PK-3059 for having dubious visas and apprehended them here on Wednesday. An Immigration official told APP that arrested persons were identified as Bashir
Published 19 Nov, 2009 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 19 Nov, 2009 12:00am
Government, private departments issued notices to clear FESCO's dues

Government, private departments issued notices to clear FESCO's dues

Faisalabad Electric Supply Company (FESCO) has issued notices and warned various federal and provincial departments and organisations of "disconnection" if they failed to clear their dues amounting to Rs 77.4 million. A spokesman of FESCO said here on Wed
Published 19 Nov, 2009 12:00am
The Weather

The Weather

The weather report on Wednesday (November 18, 2009) and the forecast for Thursday (November 19, 2009).

Published 19 Nov, 2009 12:00am
NBF to promote reading habit among prisoners

NBF to promote reading habit among prisoners

National Book Foundation (NBF) has set up a first ever 'free mind book club' in Adiala Jail to promote reading habits among the prisoners. An official of NBF told APP that the 'free mind book club' established in the cell number 11 is the place where Prim
Published 19 Nov, 2009 12:00am
AEDB to electrify 7,874 remote villages in Sindh, Balochistan

AEDB to electrify 7,874 remote villages in Sindh, Balochistan

Alternative Energy Development Board (AEDB) on the directives of Prime Minister is to electrify 7874 remote villages in Sindh and Balochistan with 6,968 of these villages are located in Balochistan. According to P&D sources, the National Rural electrifica
Published 19 Nov, 2009 12:00am
Verification of South Waziristan's IDPs completed: UNHCR

Verification of South Waziristan's IDPs completed: UNHCR

United Nations High Commissioner for Refugees (UNHCR) registration records for internally displaced people from South Waziristan in Dera Ismail Khan and Tank have now been verified by the National Database and Registration Authority with about 275,000 peo
Published 19 Nov, 2009 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 19 Nov, 2009 12:00am
Students from Quetta visit Lahore

Students from Quetta visit Lahore

On the invitation of Chief Minister Punjab, Muhammad Shahbaz Sharif, a 20 member delegation of Matric and Intermediate students from Balochistan has arrived at Allama Iqbal Airport, Lahore here on Wednesday. The Minister Education Punjab Mujtaba Shuja-ur-
Published 19 Nov, 2009 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 19 Nov, 2009 12:00am
Nokia E72 launched

Nokia E72 launched

The highly anticipated Nokia E72, a device tailor-made for business and personal messaging is now available in stores all over the country. To coincide with the arrival of the Nokia E72, Nokia has also released research revealing that more people rely on
Published 19 Nov, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (November 18, 2009).

Published 19 Nov, 2009 12:00am
Punjab Bar Council election: LHC dismisses petition against voters' list

Punjab Bar Council election: LHC dismisses petition against voters' list

The Lahore High Court (LHC) dismissed a petition filed by a bar member Muhammad Nawaz Malik challenging the voters' list of the Punjab Bar Council (PBC) election 2009. The petitioner contended that the present list contained the name of the sitting and fo
Published 19 Nov, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (November 18, 2009).

Published 19 Nov, 2009 12:00am
FIP for small, rural borrowers to be launched soon: Governor SBP

FIP for small, rural borrowers to be launched soon: Governor SBP

Governor State Bank of Pakistan, Syed Salim Raza has said that the proposed Financial Inclusion Programme (FIP) for small and rural borrowers has been finalised and it will be launched soon. He said this at a meeting of Karachi Chamber of Commerce and Ind
Published 19 Nov, 2009 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (November 18, 2009).

Published 19 Nov, 2009 12:00am
Minister directs industrialists to pay Site Limited dues

Minister directs industrialists to pay Site Limited dues

Provincial Minister for Industries and Commerce, Rauf Siddiqui has warned industrialists to pay Site Ltd dues otherwise NOC for industrial units transfer letters and new connection of utilities such as power and gas would not be issued.
Published 19 Nov, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 18, 2009).

Published 19 Nov, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (November 18, 2009) and for Thursday (November 19, 2009).
Published 19 Nov, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 18, 2009).

Published 19 Nov, 2009 12:00am
80 percent surge in prices of sacrificial animals disappoints buyers

80 percent surge in prices of sacrificial animals disappoints buyers

Thousands of the citizens are disappointed due to the 80 percent increase in the prices of bulls, goats and camels this year as compared to their prices last year while visiting the world's largest temporary cattle market known as Mawaishi Mandi.
Published 19 Nov, 2009 12:00am
TDAP reschedules exposition Pakistan exhibition 2009

TDAP reschedules exposition Pakistan exhibition 2009

The Trade Development Authority of Pakistan (TDAP) has postponed the Expo Pakistan 2009 scheduled for December 3-5, 2009, which will now be held on February 26-28, 2010 at Karachi, says TDAP press release. The TDAP has postponed the Expo Pakistan Exhibiti
Published 19 Nov, 2009 12:00am
LDA launches operation against encroachments

LDA launches operation against encroachments

The newly established Enforcement Directorate of Lahore Development Authority (LDA) has launched operation against encroachments and unlawful constructions in LDA's controlled area. A LDA's spokesman disclosed this here on Wednesday. According to spokesma
Published 19 Nov, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 18, 2009).

Published 19 Nov, 2009 12:00am
Jamaat-i-Islami women wing takes out 'Go America Go' rally

Jamaat-i-Islami women wing takes out 'Go America Go' rally

The women wing of Jamaat-i-Islami (JI) took out 'Go America Go' rally on Wednesday rejecting the pro-US policies of the government. The protesters strongly denounced the reported expansion of US Embassy and Blackwater, a US security firm, in the country's
Published 19 Nov, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 18, 2009).

Published 19 Nov, 2009 12:00am
PIA Model school achieves 100 percent result in SSC exams

PIA Model school achieves 100 percent result in SSC exams

PIA Model Secondary School achieved 100 percent pass result in science and general group in the Board of Secondary Education examination 2008-2009. SSC result shows that students appearing in the examinations, 14 girls and three boys, obtained above 80 pe
Published 19 Nov, 2009 12:00am
Increase in power tariffs: President KCCI expresses deep concern

Increase in power tariffs: President KCCI expresses deep concern

President, Karachi Chamber of Commerce and Industry, Abdul Majid Haji Muhammad, while expressing his deep concern over the recent announced increase in power tariffs from January by finance minister, stated that power crisis and increased tariffs have bro
Published 19 Nov, 2009 12:00am
THE RUPEE: rates range-bound

THE RUPEE: rates range-bound

Range-bound trading was seen on the interbank market on Wednesday, as the rupee's fluctuation was narrow versus dollar mainly because of strong supply of dollars, dealers said. On the interbank market the rupee gained one paisa in relation to the US curre
Published 19 Nov, 2009 12:00am
KSB launches franchise network

KSB launches franchise network

KSB Pumps Company Limited launched its franchise network by the name of KSB Partners. Kamran Khan, Director Sales and Marketing while speaking on the occasion said that KSB was a leading name in the pumps and valves industry for providing quality products
Published 19 Nov, 2009 12:00am
THE RUPEE: rates range-bound

THE RUPEE: rates range-bound

Range-bound trading was seen on the interbank market on Wednesday, as the rupee's fluctuation was narrow versus dollar mainly because of strong supply of dollars, dealers said. On the interbank market the rupee gained one paisa in relation to the US curre
Published 19 Nov, 2009 12:00am
Efforts to end industrial cartelisation: CCP Chief receives life threats

Efforts to end industrial cartelisation: CCP Chief receives life threats

Competition Commission of Pakistan (CCP) Chairman Khalid Mirza disclosed on Wednesday that he has been receiving life threat and pressure in the efforts aimed at putting an end to the industrial cartelisation in Pakistan. Addressing a function of LEJA at
Published 19 Nov, 2009 12:00am
Roll-out of UBL Tezraftaar Cash

Roll-out of UBL Tezraftaar Cash

UBL announces the formal launch of yet another state-of-the-art home remittance product called Tezraftaar Cash - a fast, hassle-free home remittance service that provides cash payments to beneficiaries over-the-counter at any branch of UBL. The aim of Tez
Published 19 Nov, 2009 12:00am
Roll-out of UBL Tezraftaar Cash

Roll-out of UBL Tezraftaar Cash

UBL announces the formal launch of yet another state-of-the-art home remittance product called Tezraftaar Cash - a fast, hassle-free home remittance service that provides cash payments to beneficiaries over-the-counter at any branch of UBL. The aim of Tez
Published 19 Nov, 2009 12:00am
STPL approaches NTC for removal of anomaly in customs duty rate

STPL approaches NTC for removal of anomaly in customs duty rate

Siddiqsons Tin Plate Limited (STPL) a producer of various kinds of tinplates has approached the National Tariff Commission (NTC) for removal of anomaly in the rate of customs duty on its major raw materials by reducing customs duty of secondary quality Ti
Published 19 Nov, 2009 12:00am
WPC efforts for women rights lauded

WPC efforts for women rights lauded

Inter Parliamentary Union (IPU) has lauded the efforts of Women Parliamentary Caucus (WPC) in the National Assembly of Pakistan for the protection of women rights and their empowerment. The appreciation came from IPU in its special report published in con
Published 19 Nov, 2009 12:00am
Warid contradicts media rumour

Warid contradicts media rumour

Warid Telecom (Pvt) Ltd is a leading telecom company in Pakistan that is recognised as the most reliable and steadfast telecom operator. Warid Telecom has issued an official statement in response to the rumour on 'Warid Telecom Merger'. The statement endo
Published 19 Nov, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (November 18, 2009).

Published 19 Nov, 2009 12:00am
US missile kills four militants

US missile kills four militants

At least four militants were killed and five others wounded in a US drone missile strike in tribal region near the Afghan border, officials said Thursday. The attack took place in Shanakhora village of North Waziristan, an area where Washington says milit
Published 19 Nov, 2009 12:00am
US pleased with Pakistan's advances in South Waziristan

US pleased with Pakistan's advances in South Waziristan

As Pakistan made fresh gains in its anti-militant drive in South Waziristan, the United States said it is pleased with success of the operation, taking place along Pak-Afghan border region considered critical to security efforts in both countries. State D
Published 19 Nov, 2009 12:00am
Six terrorists killed in Operation Rah-e-Nijat

Six terrorists killed in Operation Rah-e-Nijat

Security forces killed six terrorists in South Waziristan Agency during the ongoing military assault against terrorists and recovered huge cache of arms, ammunitions and explosives in 'Operation Rah-e-Nijat', while four terrorists have been arrested in 'O
Published 19 Nov, 2009 12:00am
Punjab assembly body meeting held

Punjab assembly body meeting held

The PC-1 Committee of the Punjab Assembly held its meeting on Wednesday and reviewed the performance of Home and Prisons Departments. MPA Abdul Qadir Gilani chaired the meeting along with other members. The Committee would further deliberate on the perfor
Published 19 Nov, 2009 12:00am
FBR transfers Member Domestic Operations (South)

FBR transfers Member Domestic Operations (South)

Federal Board of Revenue (FBR) has transferred and posted Member Domestic Operations (South) Muhammad Ramzan Bhatti as FBR member without giving any permanent assignment. In this regard, the FBR issued a notification on Wednesday saying Bhatti would work
Published 19 Nov, 2009 12:00am
LHC holiday

LHC holiday

The Chief Justice Lahore High Court (LHC) has announced holiday on November 21 (Saturday) in the subordinate judiciary in Punjab in connection with the Punjab Bar Council elections. According to a notification issued here on Wednesday the offices of the L
Published 19 Nov, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Nov, 2009 12:00am
Minister opens natural products laboratory at Punjab University

Minister opens natural products laboratory at Punjab University

Provincial Minister for Agriculture Malik Ahmad Ali Aulakh inaugurated Natural Products Laboratory at Punjab University Institute of Mycology and Plant Pathology. Vice-Chancellor Professor Mujahid Kamran, Pro Vice-Chancellor Professor Jamil Anwar and Dire
Published 19 Nov, 2009 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Nov, 2009 12:00am
3,472 culprits held so far by PHP

3,472 culprits held so far by PHP

Punjab Highway Patrol (PHP) has so far arrested 3,472 culprits involved in 3,398 cases of various crimes on highways this year. Moreover, PHP seized 19 Kalashnikov, 274 guns and rifles, 472 pistols and revolvers, 469 magazines, 65,171 bullets and 2,286 ca
Published 19 Nov, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 19 Nov, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 19 Nov, 2009 12:00am
NAMS of GCU wins APMC

NAMS of GCU wins APMC

Government College University (GCU) Lahore, Nazir Ahmed Music Society (NAMS) has lifted the team trophy at the All Pakistan Music Conference (APMC) beating the singers from the prime educational intuitions of Pakistan. The university won the trophy for th
Published 19 Nov, 2009 12:00am
Security of lives of road users top priority: IG NH&MP

Security of lives of road users top priority: IG NH&MP

Inspector General of National Highways & Motorway Police (NH&MP), Dr Wasim Kausar has said that NH&MP help 2,700 road users daily, instead of charging fine/challan only, as safety and security of lives of the road users is the top priority of NH&MP.
Published 19 Nov, 2009 12:00am
Punjab University, Rozee.Pk sign MoU

Punjab University, Rozee.Pk sign MoU

University of the Punjab and Pakistan's leading job website Rozee.Pk entered signed a Memorandum of Understanding(MoU). Through this strategic partnership Rozee.Pk will develop a state-of-the-art Campus Career Portal for the students, alumni, employers an
Published 19 Nov, 2009 12:00am
Malik rejects Transparency International report

Malik rejects Transparency International report

Federal Minister for Interior, Rehman Malik has out rightly rejected the Transparency International (TI) Report saying that the data collection system of the TI is not effective. "As far as the data collection system of the Transparency International is c
Published 19 Nov, 2009 12:00am
Government criticised for following Musharraf's policies

Government criticised for following Musharraf's policies

Pakistan Muslim League (N) Central Leader and former Deputy Speaker National Assembly Chaudhry Jaffar Iqbal has said that peace and stability in the country could be ensured by following the national agenda in letter and in spirit. The PML-N leader said t
Published 19 Nov, 2009 12:00am
FBR transfers, postings

FBR transfers, postings

The Federal Board of Revenue (FBR) has transferred and posted 60 officials of Income Tax Group (BS-19/21) with immediate effect.
Published 19 Nov, 2009 12:00am
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