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Sep 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-12-02
The Taliban mindset

The Taliban mindset

Principally, the only point of a constitution is its ability to protect the life, property and fundamental rights of individual citizens. Also, the State's control of its citizens is a relic of the monarchical past, where instead of law, the ruler was the
Published 02 Dec, 2009 12:00am
Europe divided after Swiss vote to ban minarets

Europe divided after Swiss vote to ban minarets

Switzerland's vote to ban the building of minarets on mosques has received a mixed reaction throughout Europe and is being seen in some quarters as a setback for the continent's efforts at mending ties with the Muslim world. Around 57.5 per cent of Swiss
Published 02 Dec, 2009 12:00am
In the name of development

In the name of development

Over the last three centuries, unregulated capitalist development has led to the maximum exploitation of natural resources, leading to a situation where an environmental disaster is likely to overtake humanity. Over-exploitation of hydrocarbon resources a
Published 02 Dec, 2009 12:00am
Ban on minarets

Ban on minarets

In a blatant display of racial and religious intolerance Switzerland has placed a ban on the construction of mosque minarets. After an 18-month long campaign by the far right Swiss People's party, over 57 percent of the Swiss voters supported the move in
Published 02 Dec, 2009 12:00am
Cut in the PSDP

Cut in the PSDP

According to a Business Recorder exclusive, the federal government may be forced to slash public sector development programme (PSDP) by around 200 billion rupees, around 31 percent of its total budgetary allocation. If the Friends of Democratic Pak
Published 02 Dec, 2009 12:00am
The 'do more' mantra

The 'do more' mantra

Hours after having a telephonic conversation with President Zardari British Prime Minister Gordon Brown issued a strong and highly unfriendly statement containing allegations and demands. Calling on Pakistan to "do more" in the fight against the Taliban a
Published 02 Dec, 2009 12:00am
Swedish poet plants 'peace tree' at PAL

Swedish poet plants 'peace tree' at PAL

Swedish poet Peter Curman planted a 'Peace Tree' at Pakistan Academy of Letters (PAL) on Tuesday and expressed the hope that the friendship of writers and intellectuals of both the countries will further strengthen. Peter Curman came to Pakistan for recei
Published 02 Dec, 2009 12:00am
Occupied Srinagar-Leh highway closed amid heavy snowfall

Occupied Srinagar-Leh highway closed amid heavy snowfall

The 434 kilometres long occupied Srinagar-Leh highway was closed for winter due to heavy snowfall and slippery road in occupied Kashmir. According to Kashmir Media Service, Kokernag was the coldest in the occupied territory where the minimum temperature w
Published 02 Dec, 2009 12:00am
International Day of Persons with Disabilities on December 2

International Day of Persons with Disabilities on December 2

The United Nations' (UN) International Day of Persons with Disabilities to be observed on December 3 (tomorrow) across the globe including Pakistan with the aims to increase the understanding of the issues around disabilities and attention to the dignity,
Published 02 Dec, 2009 12:00am
Ceremony held to promote peace in South Asia

Ceremony held to promote peace in South Asia

Punjab University Faculty of Arts Dean and visiting South Asia Professor Dr S Qalb-i-Abid along with students and teachers participated in a special ceremony held in Hamburg, Germany to promote peace in South Asia.
Published 02 Dec, 2009 12:00am
Business community flays oil price increase

Business community flays oil price increase

The Pakistan Industrial and Traders associations Front (PIAF) on Tuesday strongly condemned the increase in petroleum prices and termed it an anti-trade, anti-industry and anti-people decision. PIAF Chairman Irfan Qaiser Shaikh while talking to Busines
Published 02 Dec, 2009 12:00am
Report on cutting of trees from DG environment sought

Report on cutting of trees from DG environment sought

The Supreme Court (SC) on Tuesday called for a detailed report on cutting of trees from provincial secretary and DG environment, due to extension of Canal Avenue Lahore, till December 21. A three-member bench of the apex court comprising Chief Justice Ift
Published 02 Dec, 2009 12:00am
Oil price hike adds to woes of textile industry

Oil price hike adds to woes of textile industry

The textile industry has feared further rise in cost of doing business with the latest increase the in petroleum products. The basic textile industry has termed the government decision as a blow to the already inflated transportation cost amid high cotton
Published 02 Dec, 2009 12:00am
Hike in POL prices termed anti-people move

Hike in POL prices termed anti-people move

The recent petroleum price-hike has drawn a sharp reaction from politicians and people, hailing from different shades of life, who rejected the increase and termed it anti-people step of the Pakistan People's Party-led coalition government. Expressing con
Published 02 Dec, 2009 12:00am
Jamaat-e-Islami terms increase in POL prices unjustified

Jamaat-e-Islami terms increase in POL prices unjustified

Chief Jamaat-e-Islami (JI) Syed Munawar Hasan has strongly condemned the fresh raise in the POL prices and termed it as totally unjustified. In a press statement here on Tuesday, he demanded immediate withdrawal of this raise. The government, he said, has
Published 02 Dec, 2009 12:00am
KCCI for setting up 'US Economic Zone' at Karachi

KCCI for setting up 'US Economic Zone' at Karachi

Karachi Chamber of Commerce and Industry (KCCI) on Tuesday suggested setting up of 'US Economic Zone' in the vicinity of Karachi. In a communication, KCCI President Abdul Majid Haji Mohammad cited Pakistan-Japan Economic Co-operation Zone, which is also b
Published 02 Dec, 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 02 Dec, 2009 12:00am
Eighth Youth Performing Arts Festival to begin on December 3

Eighth Youth Performing Arts Festival to begin on December 3

8th Youth Performing Arts Festival will start from Thursday (tomorrow) without any formal inauguration at Peeru's Café. The five-day youth festival will be held at the plot adjacent to the Peeru's café, which has been named as Rafi Peer Theater Cultural C
Published 02 Dec, 2009 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (December 01, 2009).

Published 02 Dec, 2009 12:00am
The Weather

The Weather

The weather report on Tuesday (December 01, 2009) and the forecast for Wednesday (December 02, 2009).

Published 02 Dec, 2009 12:00am
V-IntelliTrac enhances protection through anti-jamming solution

V-IntelliTrac enhances protection through anti-jamming solution

Vehicle Tracking Pvt Limited, commonly known as V-IntelliTrac, a leading EDGE based vehicle surveillance service provider, recently added another safety feature to its comprehensive vehicle security framework. Called "Jammer Detector" Solution, the featur
Published 02 Dec, 2009 12:00am
Need for political reconciliation stressed

Need for political reconciliation stressed

Punjab Finance Minister Tanvir Ashraf Kaira has said that political reconciliation is the need of hour to overcome great challenges facing the country. He expressed these views while talking to a group of journalists in his office here on Tuesday.
Published 02 Dec, 2009 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 02 Dec, 2009 12:00am
PPP rejects propaganda against Zardari

PPP rejects propaganda against Zardari

The Pakistan Peoples Party, opposing propaganda against President Asif Ali Zardari by some 'anti-democratic forces', said the party was a symbol of the federation and Asif Ali Zardari its co-chairman. "Any move to weaken the federation will be foiled," PP
Published 02 Dec, 2009 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 02 Dec, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (December 01, 2009).

Published 02 Dec, 2009 12:00am
Cabinet reshuffle: no decision yet by PPP

Cabinet reshuffle: no decision yet by PPP

The Pakistan People's Party (PPP) has not yet taken any decision about the fate of the 60-plus Cabinet members, especially those who got relief under the National Reconciliation Ordinance (NRO) in the reshuffle likely to be announced on return of Prime Mi
Published 02 Dec, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (December 01, 2009).

Published 02 Dec, 2009 12:00am
Car lifters gang busted

Car lifters gang busted

Anti-Vehicles Lifting Staff, Saddar Division, has arrested two members of Safdar Hussain car lifters gang, including its ringleader and recovered seven cars from their possession. During initial investigation, the arrested culprits have revealed committin
Published 02 Dec, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (December 01, 2009).

Published 02 Dec, 2009 12:00am
PTCL introduces 'Balochistan Package'

PTCL introduces 'Balochistan Package'

In its continued endeavour to provide PTCL customers with new packages and services, the company is all set to provide its valued subscribers from Balochistan with a more customised package called the "Balochistan Package".
Published 02 Dec, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (December 01, 2009) and for Wednesday (December 02, 2009).
Published 02 Dec, 2009 12:00am
PADO airs radio programme on gender inequalities

PADO airs radio programme on gender inequalities

Peace and Development Organisation (PADO) in collaboration with UNIFEM broadcast a radio programme on FM 104 on gender inequalities and HIV/AIDS on World AIDS Day on Tuesday. This radio programme was part of other such events of 16 days of activism agains
Published 02 Dec, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (December 01, 2009).

Published 02 Dec, 2009 12:00am
Resignation of NRO benefited ministers demanded

Resignation of NRO benefited ministers demanded

President Supreme Court Bar Association (SCBA) Qazi Muhammad Anwar while demanding resignations from NRO benefited ministers, said that under the law the qualification of President, Asif Ali Zardari, was also questioned at the time of his nomination.
Published 02 Dec, 2009 12:00am
NWFP sugar mills delay crushing season

NWFP sugar mills delay crushing season

Sugar mills in NWFP further delayed the crushing season, which was due to start on December 4 or 5, sources told Business Recorder on Tuesday. Premier Sugar Mills (PSM), Mardan, has announced to start the crushing from Tuesday. When contacted, PSM
Published 02 Dec, 2009 12:00am
'NWFP team well prepared for NFC meeting'

'NWFP team well prepared for NFC meeting'

Acting President of ANP, Mohammad Adeel, has said that the team of NWFP for National Finance Commission (NFC) would succeed in making a visible dent in the status quo at the NFC forum, ensuring provision of due rights to the province. The team, he said, "
Published 02 Dec, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (December 01, 2009).

Published 02 Dec, 2009 12:00am
NH&MP organises Eid Milan party

NH&MP organises Eid Milan party

The officers of National Highways & Motorway Police (NH&MP) celebrated Eid Milan party at N-5 Central Zonal Office Lahore, which was hosted by NH&MP N-5 Central. DIG Syed Ibne Hussain was the chief guest. The DIG Fateh Shaer Joia, SSP Muhammed Amlaish, SS
Published 02 Dec, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (December 01, 2009).

Published 02 Dec, 2009 12:00am
BoP loan scam: physical remand of Sheikh, his family extended

BoP loan scam: physical remand of Sheikh, his family extended

An accountability court here on Tuesday extended physical remand of Sheikh Muhammad Afzal, his wife and two sons of Haris Steel Mills involved in Bank of Punjab's Rs 9 billion loan scam extended till December 05. Names of other accused are Fareeha Afzal,
Published 02 Dec, 2009 12:00am
Action against NRO beneficiaries demanded

Action against NRO beneficiaries demanded

A division bench of High Court of Sindh (SHC) will hear on Wednesday, a constitution petition seeking action against those, who benefited from NRO (National Reconciliation Ordinance). The petition was filed by a social worker Syed Iqbal Kazmi. He prayed t
Published 02 Dec, 2009 12:00am
Justice Raza asks lawyers to be harmonious

Justice Raza asks lawyers to be harmonious

Justice Sardar Muhammad Raza Khan has asked the lawyers community to adopt responsible and harmonious attitude in all conditions and circumstances. "Simply adorning of black coat and holding a license to practice will not transform a person into a good la
Published 02 Dec, 2009 12:00am
THE RUPEE: dollar firmer

THE RUPEE: dollar firmer

The rupee managed to hold the firmness against dollar on the currency market on Tuesday, dealers said. On the interbank market the rupee shed one paisa against dollar for buying at 83.56 while, it did not move any side for selling at 83.60, they observed.
Published 02 Dec, 2009 12:00am
Joint sitting on December 7 to debate Balochistan Package: Babar

Joint sitting on December 7 to debate Balochistan Package: Babar

Federal Minister for Parliamentary Affairs Dr Babar Awan on Tuesday said the joint sitting of the Parliament has been summoned on December 7 to debate Balochistan Package. The minister said this while talking to newsmen in Rawalpindi on Tuesday. Joint ses
Published 02 Dec, 2009 12:00am
THE RUPEE: dollar firmer

THE RUPEE: dollar firmer

The rupee managed to hold the firmness against dollar on the currency market on Tuesday, dealers said. On the interbank market the rupee shed one paisa against dollar for buying at 83.56 while, it did not move any side for selling at 83.60, they observed.
Published 02 Dec, 2009 12:00am
Wattoo grieved over killing of Dr Shamsher

Wattoo grieved over killing of Dr Shamsher

Federal Minister for Industries and Production, Mian Manzoor Ahmed Wattoo has expressed deep sorrow over the death of Dr Shamsher and his brother in a suicide attack at their guest room in Swat on Tuesday. Expressing his sympathies with the leadership of
Published 02 Dec, 2009 12:00am
Pakistan capable of making films of international acclaim

Pakistan capable of making films of international acclaim

A leading Pakistani filmmaker has said that the country has extra-ordinary talent in film and music, and National College of Arts (NCA) would do its best to revive film industry. Professor Shireen Pasha, Head of the Department of Film Making at the Nation
Published 02 Dec, 2009 12:00am
Sethi wins WAN press freedom award

Sethi wins WAN press freedom award

Najam Sethi received a prestigious press freedom award Tuesday for his work in the face of constant death threats. Sethi, editor-in-chief of the Friday Times, accepted the 2009 Golden Pen of Freedom from the World Association of Newspapers (WAN), warning
Published 02 Dec, 2009 12:00am
Attack on columnist house: no progress made in investigation

Attack on columnist house: no progress made in investigation

A gunman opened fire on the house of a newspaper columnist critical of Pakistan's army and spy agencies in an attack the writer alleged on Tuesday was carried out by elements linked to the country's powerful security establishment. Kamran Shafi recounted
Published 02 Dec, 2009 12:00am
Minister opens uplift works

Minister opens uplift works

The Sindh Minister for Fisheries Zahid Ali Bhurgri has inaugurated the chain of development works in Taluka Qasimabad under the Relief Package of Rs 360 million announced by the Chief Minister Sindh for the development of Qasimabad on Tuesday.
Published 02 Dec, 2009 12:00am
Saarc delegation flying to India to talk on FICCI report

Saarc delegation flying to India to talk on FICCI report

A two-member Saarc delegation will fly out to New Delhi on Wednesday, December 2, to talk to Indian parliamentarians and the Federation of Indian Chambers of Commerce and Industry (FICCI) on its report which has caused concern among members of business co
Published 02 Dec, 2009 12:00am
FPCCI takes serious notice of FICCI report

FPCCI takes serious notice of FICCI report

Sultan Ahmed Chawla, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has taken very serious notice of the recommendations contained in the report of the Federation of Indian Chambers of Commerce and Industry (FICCI), deman
Published 02 Dec, 2009 12:00am
Land grabbers occupy 201 plots of government

Land grabbers occupy 201 plots of government

Shaheed Mohtarma Benazir Bhutto Sasti Basti Scheme (SMBBSBS), a project of the Sindh Katchi Abadis Authority (SKAA) launched to resettle 0.5 million families who are living in post 1985 katchi abadis, has given land grabbers the opportunity to occupy the
Published 02 Dec, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Dec, 2009 12:00am
Cargo handling at Karachi Port up by 8.24 percent

Cargo handling at Karachi Port up by 8.24 percent

Despite the global financial meltdown, cargo handling at Karachi Port rose by 8.24 percent during July-November 2009 due to, what the Karachi Port Trust (KPT) said, "positive and friendly" economic policies of the present government.
Published 02 Dec, 2009 12:00am
Government misses deadline for energising 231 megawatts RPPs

Government misses deadline for energising 231 megawatts RPPs

The socio-economic woes of this loadshedding-hit metropolis, which is the country's revenue engine, having large number of commercial and industrial units, would remain as the federal government, moving at a snail's pace, has missed the deadline of Novemb
Published 02 Dec, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 02 Dec, 2009 12:00am
PMA workshop on research methodology from December 3

PMA workshop on research methodology from December 3

Pakistan Medical Association (PMA-Karachi) plans to organise a four-day workshop on Research Methodology at PMA House here from December 3 to 6. Dr Shaheena Akbani, Consultant Epidemiologist Research Training Monitoring Cell, College of Physician & Surgeo
Published 02 Dec, 2009 12:00am
FUUAST extends date for submission of registration forms

FUUAST extends date for submission of registration forms

The Federal Urdu University for Arts, Science and Technology (FUUAST) has extended the date for submission of registration forms by private candidates for B.A, B.Com and M. A. up to December 15.
Published 02 Dec, 2009 12:00am
Killing of MPA: NWFP government to observe one-day mourning

Killing of MPA: NWFP government to observe one-day mourning

The NWFP government has announced to officially observe one-day mourning while the ANP has declared three days of mourning over the tragic killing of the ANP MPA Dr Shamsher Ali Khan in a suicide blast in Swat. To pay homage to the martyred MPA, Qur'an Kh
Published 02 Dec, 2009 12:00am
Ministers' body to look into small traders' problems

Ministers' body to look into small traders' problems

President Asif Ali Zardari has constituted a committee of ministers and parliamentarians to look into the problems of small traders/businessmen of twin cities of Islamabad and Rawalpindi to give recommendations to the government for addressing the problem
Published 02 Dec, 2009 12:00am
Forces clear 30 militants compounds, huge arms cache seized

Forces clear 30 militants compounds, huge arms cache seized

The security forces cleared 30 militants compounds at Kam Narakai and 72 at Mir Khoni, whereas huge cache of arms was recovered during the ongoing 'Operation Rah e Nijat' in South Waziristan Agency. Inter Service Public Relations (ISPR) spokesman, Athar A
Published 02 Dec, 2009 12:00am
Saifullah slams government for hike in POL prices

Saifullah slams government for hike in POL prices

President Pakistan Muslim League-Like Minded group, Salim Saifullah, on Tuesday said that the recent increase in the petroleum products' prices showed the government was not ready to give any relief to the already inflation-hit masses. He said apparently
Published 02 Dec, 2009 12:00am
Spanish envoy for institutionalised ties with Pakistan

Spanish envoy for institutionalised ties with Pakistan

Spanish Ambassador Gonzala Quntero Saravia has said that Spain has a lot of expertise in wind power and tourism and Pakistani entrepreneurs could have joint ventures in these sectors for mutual benefits. "There is a need for a free trade agreement between
Published 02 Dec, 2009 12:00am
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