News Archives for Print - 2009-12-14

Pakistan must pressure Afghan Taliban: Petraeus

US General David Petraeus said on Sunday that Pakistan needs to put pressure on the leadership of Afghan Taliban operating inside its borders if long-term progress is to be made in Afghanistan.

Published 14 Dec, 2009 12:00am

Deutsche Bahn set to cut 14,000 jobs

German rail operator Deutsche Bahn plans to cut 14,000 jobs over the next five years, the Tagesspiegel newspaper said in a report to be published on Monday. Deutsche Bahn currently employs 240,000 people. It has 182,000 in Germany. The newspaper, quoting

Published 14 Dec, 2009 12:00am

Deutsche Bahn set to cut 14,000 jobs

German rail operator Deutsche Bahn plans to cut 14,000 jobs over the next five years, the Tagesspiegel newspaper said in a report to be published on Monday. Deutsche Bahn currently employs 240,000 people. It has 182,000 in Germany. The newspaper, quoting

Published 14 Dec, 2009 12:00am

Economy and Yemen conflict to top Gulf summit agenda

Gulf leaders meeting on Monday will give the green light to a number of multi-billion-dollar economic projects, but it remains unclear whether they will also step in to ease the woes of debt-ridden Dubai.

Published 14 Dec, 2009 12:00am

Chrome browser for Macintosh computers

Google on Decemebr 8 released a version of its Chrome Web browser for Macintosh computers in a challenge to Safari software Apple offers users of its machines. "We took a hefty dose of goodness from the Windows version to build a fast, polished browser fo

Published 14 Dec, 2009 12:00am

Sony Ericsson says smartphone software glitch fixed

World number four mobile phone maker Sony Ericsson said on December 8 it had solved the software problem which hit its key smartphone offerings in Britain in the run-up to the key Christmas sales period.

Published 14 Dec, 2009 12:00am

Facebook forms board on online safety

Social networking site Facebook said it has formed an advisory board comprising five Internet safety organisations to consult on issues related to online safety. Facebook plans to regularly meet board members to review existing safety resources it provide

Published 14 Dec, 2009 12:00am

New cell phone browser from Opera

Opera Mobile 10, a browser for use on mobile phones, is now available in a beta version for Windows Mobile smartphones. Opera Mobile 10 Beta for Windows Mobile resembles the PC browser Opera 10, the company claims.

Published 14 Dec, 2009 12:00am

Google's Chrome may reshape PC experience

Google Inc's closely watched foray into computer operating systems could speed the development of a new class of cheaper laptops and dramatically advance the netbook paradigm of Web-based computing.

Published 14 Dec, 2009 12:00am

Google search getting eyes, ears

Google search is getting eyes and ears, moving beyond typed key words to let people scour the Internet with mobile telephone cameras or spoken words in multiple languages. Google on December 7 unveiled "Goggles" software that lets people search online usi

Published 14 Dec, 2009 12:00am

Facebook rolls out new privacy tool

Facebook on December 9 began calling on users to get a better grip on their online privacy by dictating who sees what in profiles at the world's leading social networking service.

Published 14 Dec, 2009 12:00am

Econet launches new solar handset in Burundi

Burundi mobile operator Econet on December 7 launched a new rechargeable solar handset it hopes will eventually boost subscriber numbers to 800,000. Econet, a subsidiary of South Africa-based Econet Wireless International, has attracted 80,000 users since

Published 14 Dec, 2009 12:00am

US residents gorging on data bytes

If the data devoured in the United States last year were converted to text there would be enough books to bury the country under a pile seven feet (two meters) deep, according to a study released December 9.

Published 14 Dec, 2009 12:00am

Mobile phones spreading in North Korea

Mobile phone subscriptions are spreading fast and due to reach 120,000 early next year in communist North Korea, where an Egyptian provider started a service a year ago, a press report said on December 8.

Published 14 Dec, 2009 12:00am

Online safety lessons to be compulsory for over-fives

Children will be taught about online dangers with a new "Green Cross Code" for internet safety under plans launched by the government on December 8. The lessons are part of a strategy, "Click Clever Click Safe", which will produce guidelines for governmen

Published 14 Dec, 2009 12:00am

Tool to help watch over world's forests unveiled

Google on December 10 unveiled a tool that lets scientists and defenders of the environment use the Internet to keep an eye on what is left of the Earth's forests. "We hope this technology will help stop the destruction of the world's rapidly-disappearing

Published 14 Dec, 2009 12:00am

Cisco going from Internet plumber to platform

Cisco chief executive John Chambers said on December 8 that the computer switching colossus is changing from the Internet's "plumber" to a platform and provider of products for online work and leisure.

Published 14 Dec, 2009 12:00am

Cisco, British Telecom head for the 'cloud'

Cisco and British telecom giant BT Group on December 9 announced a partnership aimed at a growing hunger by businesses world-wide for Internet-based communications services. The companies launched a global Internet telephony service that they said lets bu

Published 14 Dec, 2009 12:00am

Body mass, waist size can predict risk of heart disease

Measuring body mass index or waist size in overweight people can accurately predict the risk of heart disease, Dutch scientists said on December 7. A large 10-year study found that half of all fatal heart disease cases and a quarter of all non-fatal cases

Published 14 Dec, 2009 12:00am

Scientists create skin fast from stem cells

French scientists have found a way to create human skin rapidly from stem cells, a discovery that could save the lives of many burns victims who are vulnerable to infection and now wait weeks for a skin graft. The scientists made the breakthrough by creat

Published 14 Dec, 2009 12:00am

Genes may protect some people from tuberculosis infection

A study involving 128 South African families has identified genetic traits that may protect some people from tuberculosis in a finding that could help lead to a new TB vaccine, scientists said. Tuberculosis is the world's seventh-leading cause of death, k

Published 14 Dec, 2009 12:00am

Hopes of new drugs

In Uganda, health experts are getting laboratories ready and preparing villagers in two districts for a large clinical trial to test the world's first experimental tuberculosis vaccine in nearly a century. For Anne Wajja, a doctor who heads TB vaccine stu

Published 14 Dec, 2009 12:00am

Study confirms low mortality for swine flu

One of the most systematic looks yet at the swine flu pandemic confirms that it is at worst only a little more serious than an average flu season and could well be a good deal milder, researchers said on December 7.

Published 14 Dec, 2009 12:00am

Immediate biopsy unnecessary for some breast lumps

For breast lumps that can be felt with the fingers but look benign on ultrasound, an immediate biopsy may not be needed, particularly for some young women, researchers report. Instead, the researchers write in the December issue of the American Journal of

Published 14 Dec, 2009 12:00am

Ancient HIV stowaway may hold clue to transmission

An HIV genetic stowaway that may have come from a related cat virus could help the AIDS virus transmit and replicate in people, U.S. researchers reported on Sunday. Their finding, which has implications for designing new drugs or a vaccine against the fat

Published 14 Dec, 2009 12:00am

Fatty acids in diet affect ulcerative colitis risk

People who eat lots of red meat, cook with certain types of oil, and use some kinds of polyunsaturated fatty acid (PUFA)-heavy margarines may be increasing their risk of a painful inflammatory bowel disease, a study in more than 200,000 Europeans shows.

Published 14 Dec, 2009 12:00am

Lonely rats more prone to breast cancer

Lonely, stressed-out rats were far more likely to develop breast tumors than rats living in a social group, a finding that suggests loneliness can have a profound effect on health, researchers said on December 7.

Published 14 Dec, 2009 12:00am

Top climate change expert hopes science got it wrong

Germany's top climate researcher says he hopes he and his fellow scientists around the world have got it all wrong about global warming. Hans Joachim Schellnhuber, head of the Potsdam Institute for Climate Impact Research, told Reuters he gets no pleasure

Published 14 Dec, 2009 12:00am

Houston elects openly gay mayor

Houston on Saturday became the first major US city to elect an openly gay mayor, Annise Parker, after a hotly contested run-off election that gave gay and lesbian supporters a symbolic victory following defeats over legalising same-sex marriages in Califo

Published 14 Dec, 2009 12:00am

Brussels to Amsterdam high-speed rail line opens

A new high-speed rail line linking Brussels to Amsterdam opened on Sunday, a showcase project in European plans to promote fast trains as an environmentally friendy alternative to air travel. With trains on the line reaching speeds of up to 300 kph, trave

Published 14 Dec, 2009 12:00am

UK opposition prepared for early election

Britain's opposition Conservatives said on Sunday they would welcome an early election after a newspaper report that ruling Labour was gearing up for a vote in March. The Sunday Times said Labour could opt for a March 25 election, encouraged by a poll sho

Published 14 Dec, 2009 12:00am

Iran faces new sanctions over nuclear issue: Feltman

Iran faces a fresh set of sanctions over its refusal to abide by regulations governing nuclear programmes, the US pointman for the Middle East, Jeffrey Feltman, said on Sunday. "There's a body of law and procedures and regulations that govern nuclear prog

Published 14 Dec, 2009 12:00am

Catalans vote in symbolic independence referendum

People in Catalonia voted in symbolic referendums on Sunday that organisers hope will be a step towards eventual independence from Spain for the wealthy north-eastern region.

Published 14 Dec, 2009 12:00am

Israel okays millions of dollars in aid to settlements

The Israeli cabinet Sunday approved listing some Jewish settlements in the occupied West Bank as "national priority zones," entitling the communities to millions of dollars of extra state funding.

Published 14 Dec, 2009 12:00am

Philippines hostage crisis ends, victims freed

Tribal gunmen freed dozens of hostages in the southern Philippines on Sunday after authorities transferred murder cases against them to a tribal court and disarmed both them and a rival group. The gunmen had abducted 71 people in Agusan del Sur province o

Published 14 Dec, 2009 12:00am

Rebel Abkhazia re-elects leader, Russia hails vote

The rebel Georgian region of Abkhazia re-elected President Sergei Bagapsh in a vote trumpeted by sponsor Russia as a successful test of statehood but shunned by most of the world.

Published 14 Dec, 2009 12:00am

Indian farmers adapt to shifting weather patterns

As global leaders and top scientists in Copenhagen debate how to deal with climate change, farmers in flood-prone areas of northern India are taking it into their own hands to adapt to shifts in the weather.

Published 14 Dec, 2009 12:00am

Message from President, Islamic Republic of Pakistan

I wish to congratulate Consumers Association of Pakistan (CAP) for holding 5th Consumers Choice Award Ceremony. I am pleased to know that Consumers Association of Pakistan through its research and awareness activities for consumers has developed a new con

Published 14 Dec, 2009 12:00am

Message from Prime Minister, Islamic Republic of Pakistan

I am pleased to know that Consumers Association of Pakistan is continuously holding Consumers Choice Award (CCA) for five consecutive years. Promotion of healthy competition among quality conscious procedures through such events will have a salutary effec

Published 14 Dec, 2009 12:00am

Message from Governor, Sindh

Consumers Choice Award is a unique opportunity to honour businesses and industries of our country who through their dedication, have been selected by Pakistani Consumers. Awardees are selected for their out standing achievements and standards of excellenc

Published 14 Dec, 2009 12:00am

Message from Provincial Minister for Industries and Commerce

First of all I would like to extent my greetings and congratulate both the organiser Consumers Association of Pakistan and all awardees who are selected for their quality consciousness and Consumers' care.

Published 14 Dec, 2009 12:00am

Message from Chairman, Consumers Association of Pakistan

It gives me great pleasure to extend greetings to everyone attending Consumers Choice Award. I would like to offer my sincere congratulations to all those receiving awards. The Consumers Choice Award recognises the skill and talent of the very best in Pak

Published 14 Dec, 2009 12:00am

Message from General Secretary, Consumers Association of Pakistan

In the rapidly changing global environment, where sophistication has marked its foot prints in every field, consumers concern is also not untouched. The event of Consumers Choice Award has proved the rising awareness among Pakistani consumers who have cho

Published 14 Dec, 2009 12:00am

Consumer rights come with consumer responsibilities

As consumers you are entitled to eight consumer rights accepted universally. There are:

Published 14 Dec, 2009 12:00am

Syngenta: bringing plant potential to life

In Pakistan, Syngenta has a history of more than 50 years of providing innovative crop solutions, with a single minded focus on solving growers needs.

Published 14 Dec, 2009 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 14 Dec, 2009 12:00am

Brief Review: Consumers Association of Pakistan

Consumer behavior is defined as a decision, process and physical activity if an individual's engage in when evaluating, acquiring, using or disposing off goods and services.

Published 14 Dec, 2009 12:00am

Modaraba: ALLIED RENTAL MODARABA - Financial Year 2007- Financial Year 2009

Allied Rental Modaraba proclaims itself as a multi-purpose and perpetual Modaraba managed by Allied Engineering Management Company (Pvt) Ltd, a wholly owned subsidiary of Allied Engineering & Services Ltd. Allied Rental Modaraba (ARM) commenced its busine

Published 14 Dec, 2009 12:00am

Modaraba: ALLIED RENTAL MODARABA - Financial Year 2007- Financial Year 2009

Allied Rental Modaraba proclaims itself as a multi-purpose and perpetual Modaraba managed by Allied Engineering Management Company (Pvt) Ltd, a wholly owned subsidiary of Allied Engineering & Services Ltd. Allied Rental Modaraba (ARM) commenced its busine

Published 14 Dec, 2009 12:00am

Alico AIG Life American Life Insurance Company (Pakistan) Limited

Alico AIG Life has issued Weekly Unit Prices.

Published 14 Dec, 2009 12:00am

Alico AIG Life American Life Insurance Company (Pakistan) Limited

Alico AIG Life has issued Weekly Unit Prices.

Published 14 Dec, 2009 12:00am

Alico AIG Life American Life Insurance Company (Pakistan) Limited

Alico AIG Life has issued Weekly Unit Prices.

Published 14 Dec, 2009 12:00am

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (December 07 to 12, 2009).

Published 14 Dec, 2009 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2009)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 14 Dec, 2009 12:00am

The Weather

The weather report on Sunday (December 13, 2009) and the forecast for Monday (December 14, 2009).

Published 14 Dec, 2009 12:00am

Shahbaz condoles death of Tauqir Shah's father

Chief Minister Punjab Muhammad Shahbaz Sharif on Sunday visited the residence of his secretary co-ordination, Dr Tauqir Shah, in Sang Jani Islamabad, to condole the death of his father. He offered Fateha for the departed soul and expressed sympathies with

Published 14 Dec, 2009 12:00am

US Senate approves $1.459 billion aid

The US Congress on Sunday sent President Barack Obama a giant spending bill that includes annual foreign aid packages, mild sanctions aimed at Iran, and money for Afghanistan and Pakistan. The Senate by a vote of 57 to 35 approved the legislation, which n

Published 14 Dec, 2009 12:00am

US Senate approves $1.459 billion aid

The US Congress on Sunday sent President Barack Obama a giant spending bill that includes annual foreign aid packages, mild sanctions aimed at Iran, and money for Afghanistan and Pakistan. The Senate by a vote of 57 to 35 approved the legislation, which n

Published 14 Dec, 2009 12:00am

US Senate approves $1.459 billion aid

The US Congress on Sunday sent President Barack Obama a giant spending bill that includes annual foreign aid packages, mild sanctions aimed at Iran, and money for Afghanistan and Pakistan. The Senate by a vote of 57 to 35 approved the legislation, which n

Published 14 Dec, 2009 12:00am

AES to sell interests in Pakistan, Oman units

Power company AES Corp on Sunday said it agreed to sell its entire interests in its Oman and Pakistan businesses for about $200 million. The deals will allow $276 million of debt to be removed from AES' consolidated balance sheet. The transactions are exp

Published 14 Dec, 2009 12:00am

AES to sell interests in Pakistan, Oman units

Power company AES Corp on Sunday said it agreed to sell its entire interests in its Oman and Pakistan businesses for about $200 million. The deals will allow $276 million of debt to be removed from AES' consolidated balance sheet. The transactions are exp

Published 14 Dec, 2009 12:00am

AES to sell interests in Pakistan, Oman units

Power company AES Corp on Sunday said it agreed to sell its entire interests in its Oman and Pakistan businesses for about $200 million. The deals will allow $276 million of debt to be removed from AES'' consolidated balance sheet. The transactions are ex

Published 14 Dec, 2009 12:00am

Pakistan must pressure Afghan Taliban: Petraeus

US General David Petraeus said on Sunday that Pakistan needs to put pressure on the leadership of Afghan Taliban operating inside its borders if long-term progress is to be made in Afghanistan.

Published 14 Dec, 2009 12:00am

Installation of compressors at Qadirpur gas field: OGDC's failure may cost SNGPL Rs 340 million

The failure of Oil and Gas Development Company Limited (OGDC) to install compressors at Qadirpur gas field may place a hefty Rs 340 million financial burden on Sui Northern Gas Pipeline (SNGPL).

Published 14 Dec, 2009 12:00am

CNG holiday in twin cities today

The CNG dealers of Rawalpindi and Islamabad region would observe a 24-hour holiday, from Monday 6am. to Tuesday 6 am., on December 14. Chairman All Pakistan CNG Association Ghiyas Paracha said here on Sunday this decision has been taken to ensure the peop

Published 14 Dec, 2009 12:00am

PUJ condoles death of Sohail Qalandar

The Punjab Union of Journalists (PUJ) here on Sunday has expressed grief and sorrow over the sad demise of Suhail Qalandar, Vice President of PFUJ and resident Editor of Daily Express.

Published 14 Dec, 2009 12:00am

Supreme Court resumes hearing on writs over NRO

A larger bench of the Supreme Court on Monday will resume hearing of a set of identical writs over the issue of National Reconciliation Ordinance(NRO).

Published 14 Dec, 2009 12:00am

Second oil and gas forum on January 28

The 2nd Oil and Gas forum, Pakistan 2010 with a special emphasis on 'Solutions for Sustainability Pursuit for Steadier Markets' will be held on January 28, 2010 in Islamabad by Shamrock Conferences International.

Published 14 Dec, 2009 12:00am

Call to teach special children in regular classroom environment

There is a need to teach special children in regular classroom environment, as it helps them show better performance. This was stated by renowned educationist and principal of Oasis School, a state-of-the art school of the Sharif Trust for the autistic ch

Published 14 Dec, 2009 12:00am

73,913 cases of violence against women reported

A total of 73913 cases of violence against women have been reported in the country during last ten year, said a report released by Human Rights and Legal Committee of the Supreme Court Bar Association (SCBA) on violation of human rights.

Published 14 Dec, 2009 12:00am

Farmers' conference demands agriculture package for Balochistan

The one-day "Zamindar, Kissan, Hari Conference" here on Sunday demanded an agriculture package for Balochistan, as the federal government's Balochistan package does not contain anything for the agriculturists of the country's biggest area-wise province.

Published 14 Dec, 2009 12:00am

FC Balochistan seizes 600-kg hashish

Frontier Corps Balochistan in a raid has recovered 600-kg hashish from Ronmani area near Pak-Afghan border here on Sunday morning. Colonel Asad Shehzada Khatak of the Frontier Corps told newsmen that smugglers had been shifting 600-kg hashish loaded on do

Published 14 Dec, 2009 12:00am

Pakistan wants good relations with all neighbours: Prime Minister

Prime Minister Yousuf Raza Gillani has said that "we want good relationships with our neighbouring countries, including India. We will talk on all core issues with India. However, all proceedings in this regard can not be disclosed".

Published 14 Dec, 2009 12:00am

Peace rally today

City Nazim Quetta Mir Maqbool Lehri will lead a rally to be taken out on Monday in connection with efforts to ensure peace in the holy month of Muharramul Haram. APP learnt on Sunday that on Monday, a public gathering will be held at Girls College Quetta

Published 14 Dec, 2009 12:00am

Three social workers killed in accident

Three people including two lady social workers from Karachi died while two others persons sustained serious injuries when their vehicle overturned near Ormara, Sunday evening. According to a police official, the speedy vehicle overturned when the driver l

Published 14 Dec, 2009 12:00am

AoPs composite audit: FBR starts appointing auditors/senior auditors in IRS

The Federal Board of Revenue (FBR) has started appointments of sales tax auditors and senior auditors in the Inland Revenue Service (IRS) for carrying out composite audit of sales tax and income tax of Association of Persons (AoPs).

Published 14 Dec, 2009 12:00am

Thousands throng Nishtar Park to attend Jamaat-i-Islami moot

A large number of people thronged the historical Nishtar Park to attend the annual general moot of Jamaat-e-Islami (JI) Karachi. The moot began at 10am in morning, while a large number of police and rangers were present there to control the law and order.

Published 14 Dec, 2009 12:00am

Kotri Gas Turbine Power Station: SSGC curtails gas supply

The SSGC has curtailed gas supply to the (80-MW) Kotri Gas Turbine Power Station near Hyderabad. Due to this Pepco has to face a shortfall of 661 MW in the National Grid, which jolted the National Grid power supply system and compelled Pepco to resort to

Published 14 Dec, 2009 12:00am

Kotri Gas Turbine Power Station: SSGC curtails gas supply

The SSGC has curtailed gas supply to the (80-MW) Kotri Gas Turbine Power Station near Hyderabad. Due to this Pepco has to face a shortfall of 661 MW in the National Grid, which jolted the National Grid power supply system and compelled Pepco to resort to

Published 14 Dec, 2009 12:00am

Kotri Gas Turbine Power Station: SSGC curtails gas supply

The SSGC has curtailed gas supply to the (80-MW) Kotri Gas Turbine Power Station near Hyderabad. Due to this Pepco has to face a shortfall of 661 MW in the National Grid, which jolted the National Grid power supply system and compelled Pepco to resort to

Published 14 Dec, 2009 12:00am

India tests nuclear capable ballistic missile

India successfully tested a nuclear-capable ballistic missile from a ship near the east coast on Sunday, a defence official said. The Dhanush, which has a short range of 350 kilometres, is a navy version of the surface-to-surface Prithvi missile and can c

Published 14 Dec, 2009 12:00am

India tests nuclear capable ballistic missile

India successfully tested a nuclear-capable ballistic missile from a ship near the east coast on Sunday, a defence official said. The Dhanush, which has a short range of 350 kilometres, is a navy version of the surface-to-surface Prithvi missile and can c

Published 14 Dec, 2009 12:00am

Brown vows new push to defeat Taliban

British Prime Minister Gordon Brown vowed a renewed effort to defeat the Taliban insurgency, hailing the next months as critical while meeting troops in Afghanistan on Sunday. Brown made an unannounced visit two weeks after ordering 500 extra British troo

Published 14 Dec, 2009 12:00am

Units under PIDC: Industries' Ministry taking lead role in decision making

The Ministry of Industries and Production is said to be taking a lead role in decision making of all entities which fall under direct control of Pakistan Industrial Development Corporation (PIDC), headed by Gul Muhammad Rind, sources told Business Reco

Published 14 Dec, 2009 12:00am

Gunmen storm jail, free 31 prisoners in Philippines

Suspected Muslim rebels punched a hole on the wall of a provincial jail on a remote southern island in the Philippines and freed 31 prisoners before dawn on Sunday, security officials said. They killed one jail guard and wounded another during a 10-minute
Published 14 Dec, 2009 12:00am

MONEY WEEK: Rs 50 billion withdrawn from system just before Eid

Fifty billion rupees. That''s the amount withdrawn from the system in the week just before Eid, marking the coincidental peaking of both the cattle market and the cotton farmers'' cash economy, which jacked up the currency-in-circulation to a total of Rs
Published 14 Dec, 2009 12:00am

MONEY WEEK: Rs 50 billion withdrawn from system just before Eid

Fifty billion rupees. That's the amount withdrawn from the system in the week just before Eid, marking the coincidental peaking of both the cattle market and the cotton farmers' cash economy, which jacked up the currency-in-circulation to a total of Rs 11
Published 14 Dec, 2009 12:00am

Google to produce, sell own 'Nexus One' phones

Google Inc plans to sell its own cellphone direct to consumers as soon as next year, bypassing wireless operators in a rare strategic move, the Wall Street Journal cited sources as saying on Saturday.
Published 14 Dec, 2009 12:00am

Duty-Free Shops misusing ''passports arrival record''

Duty-Free Shops in Karachi have also been found involved in misusing ''passports arrival record'' of international passengers as they are making huge amount of bank transactions in the open market.
Published 14 Dec, 2009 12:00am

Duty-Free Shops misusing 'passports arrival record'

Duty-Free Shops in Karachi have also been found involved in misusing 'passports arrival record' of international passengers as they are making huge amount of bank transactions in the open market.
Published 14 Dec, 2009 12:00am

Installation of compressors at Qadirpur gas field: OGDC''s failure may cost SNGPL Rs 340 million

The failure of Oil and Gas Development Company Limited (OGDC) to install compressors at Qadirpur gas field may place a hefty Rs 340 million financial burden on Sui Northern Gas Pipeline (SNGPL).
Published 14 Dec, 2009 12:00am

NWFP share in NFC award up by Rs 61 billion

The NWFP will get Rs 61 billion additional resources for next financial year in the 7th National Finance Commission (NFC) Award announced by the federal government recently.
Published 14 Dec, 2009 12:00am

Incentives to 'pioneer' industry: Finance and FBR do not support Health ministry summary

The Ministry of Finance and Federal Board of Revenue (FBR) have refused to support a controversial proposal of the Industries Ministry for a pharmaceutical project which, according to Prime Minister Yousaf Raza Gilani, is a pioneer industry in Pakistan, s
Published 14 Dec, 2009 12:00am

Incentives to ''pioneer'' industry: Finance and FBR do not support Health ministry summary

The Ministry of Finance and Federal Board of Revenue (FBR) have refused to support a controversial proposal of the Industries Ministry for a pharmaceutical project which, according to Prime Minister Yousaf Raza Gilani, is a pioneer industry in Pakistan, s
Published 14 Dec, 2009 12:00am

NWFP share in NFC award up by Rs 61 billion

The NWFP will get Rs 61 billion additional resources for next financial year in the 7th National Finance Commission (NFC) Award announced by the federal government recently.
Published 14 Dec, 2009 12:00am

Index gains 28.17 points

The KSE-100 index gained 28.17 points to close at 9,037.30 points level during the week ended on December 12, 2009 on the back of improved sentiment after Moody's positive report for Pakistan and stable outlook.
Published 14 Dec, 2009 12:00am

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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