News Archives for Print - 2010-01-10 - Business Recorder

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Print - 2010-01-10

138 firearms licences issued to US security agency illegally: Senate body informed

138 firearms licences issued to US security agency illegally: Senate body informed

The Senate Standing Committee on Interior was informed on Saturday that 138 arms licences were issued to a US security agency Inter Risk by the Ministry of Interior illegally for which the concerned officials took $1800 per licence.

Published 10 Jan, 2010 12:00am

Zardari visits shrine of Hazrat Bibi Zainab (RA)

Zardari visits shrine of Hazrat Bibi Zainab (RA)

President Asif Ali Zardari on Saturday visited the Shrine of Hazrat Bibi Zainab (RA) and offered Fateha. The President remained there for some time and recited verses from the Holy Qura'an. The President also laid a floral wreath at the shrine.

Published 10 Jan, 2010 12:00am

Income tax officers' body elects office-bearers

Income tax officers' body elects office-bearers

The newly-established Welfare Association of Income Tax Officers elected on Saturday office-bearers at its executive council's meeting in Gujranwala. The association has been established for the welfare of the income tax officers of Federal Board of Reven

Published 10 Jan, 2010 12:00am

War against terror: forces have given great sacrifices: Rana Iqbal

War against terror: forces have given great sacrifices: Rana Iqbal

Punjab Speaker Rana Muhammad Iqbal speaking at the prize distribution ceremony of Superior Group of Colleges here on Saturday averred that Pakistan armed forces had given great sacrifices in the war against terror. He said terrorists would not be able to

Published 10 Jan, 2010 12:00am

Weekly inflation increases by 1.62 percent

Weekly inflation increases by 1.62 percent

The Sensitive Price Indicator (SPI), for the week ended on January 07, for the lowest income group up to Rs 3,000, has registered increase of 1.62 percent over the previous week. The SPI for the week under review in the above mentioned group was recorded

Published 10 Jan, 2010 12:00am

Paintings exposition at NAG from January 14

Paintings exposition at NAG from January 14

Samina Ali's mix media paintings exhibition would be held here at Nomad Art Gallery (NAG) from January 14 to 31 from 10.30am to 6.30pm except each Friday. Preview of the exhibition would be held on January 13 at 4.30pm at NAG, said a press release here on

Published 10 Jan, 2010 12:00am

If Aafia sentenced by US court, Imran to launch countrywide protest

If Aafia sentenced by US court, Imran to launch countrywide protest

Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan on Saturday made it clear that if Dr Aafia is sentenced by the US court on Monday, his party would launch a country-wide protest against the US. While addressing a seminar here on Saturday Khan said that o

Published 10 Jan, 2010 12:00am

Operation Rah-e-Nijat: huge cache of arms seized

Operation Rah-e-Nijat: huge cache of arms seized

Pakistan Army on Saturday cleared 64 compounds and recovered huge cache of arms and ammunition from Marobi Raghazai during the ongoing military operation Rah e Nijat in South Waziristan. According to the ISPR spokesman 41 compounds were cleared at Pash Za

Published 10 Jan, 2010 12:00am

Naqibullah PML (LM) awarded ticket for PF-75

Naqibullah PML (LM) awarded ticket for PF-75

President PML (Like Minded) Senator Salim Saifullah Khan Saturday awarded party ticket for PF-75, Lakki Marwat, to Naqibullah Khan for the upcoming by-polls. The decision was taken by the party's Parliamentary Board after a meeting here at PML House which

Published 10 Jan, 2010 12:00am

Shahbaz for joint efforts to eliminate corruption

Shahbaz for joint efforts to eliminate corruption

Punjab Chief Minister, Muhammad Shahbaz Sharif has said that corruption has ruined the country and joint efforts will have to be made to eliminate this menace from the country. He said that present government was promoting good governance in the province

Published 10 Jan, 2010 12:00am

Seven policemen wounded by suicide bomber

Seven policemen wounded by suicide bomber

At least seven policemen were wounded on Saturday when a Taliban militant commander blew himself up in Peshawar, police said. Irfan Ullah, from the lawless town of Darra Adam Khel, struck when police raided his hideout in Matni, an area in the outskirts o

Published 10 Jan, 2010 12:00am

Other provinces should also introduce 'Sasti Roti' scheme: National Assembly panel says....

Other provinces should also introduce 'Sasti Roti' scheme: National Assembly panel says....

The National Assembly's Standing Committee on Inter Provincial Coordination on Saturday observed that the Punjab government's 'Sasti Roti' initiative should also be taken by other three provinces as well. The committee met here with Sheikh Waqas Akram in

Published 10 Jan, 2010 12:00am

MQM MPs seek Rabita Committee permission to sit on opposition benches

MQM MPs seek Rabita Committee permission to sit on opposition benches

All the Members of National Assembly and Senate belonging to Muttahida Qaumi Movement on Saturday demanded of the MQM Rabita Committee to allow them to sit in the opposition due to irresponsible attitude of the Sindh government.

Published 10 Jan, 2010 12:00am

Prime Minister assures PSRMA of resolution of gas theft issue

Prime Minister assures PSRMA of resolution of gas theft issue

Prime Minister Yousuf Raza Gilani on Saturday assured the steel industry of resolution of its problems, especially the issue of gas theft, on high priority. Hammad Azhar, vice chairman of Pakistan Steel Re-rolling Mills Associations (PSRMA) met the Prime

Published 10 Jan, 2010 12:00am

Three alleged terrorists arrested

Three alleged terrorists arrested

Islamabad Police on Saturday raided a house in Barakhu and arrested three alleged terrorists and recovered over 800 kg explosive materiel. According to sources, acting on a tip off, Central Intelligence Agency (CIA) and Islamabad police raided a house and

Published 10 Jan, 2010 12:00am

Fazlullah's mother says has no control over her son

Fazlullah's mother says has no control over her son

Mother of Maulana Fazlullah on Saturday said that her son would not surrender to the security forces even if she ordered him to lay down arms and stop bloodbath in scenic Swat valley. "I know if I ask him to lay down arms and surrender before the security

Published 10 Jan, 2010 12:00am

Two would-be suicide-bomber girls presented before media

Two would-be suicide-bomber girls presented before media

Two alleged would-be suicide-bomber girls were presented before media persons on Saturday, a private TV channel reported. According to the channel, they were arrested from Madyan, a town in Swat district, and were identified as Rabia, 14, and Arfa, 16. Th

Published 10 Jan, 2010 12:00am

Gilani, Altaf discuss Karachi situation

Gilani, Altaf discuss Karachi situation

Prime Minister Syed Yousuf Raza Gilani and MQM chief Altaf Hussain in a telephonic conversation on Saturday exchanged views on the current situation in Karachi. The two leaders agreed to play their role in the restoration of peace and tranquillity in Kara

Published 10 Jan, 2010 12:00am

12 miners killed in China

12 miners killed in China

A coal mine fire in eastern China has killed at least 12 miners, state media reported Saturday, citing local authorities. Emergency workers recovered the bodies of 12 people from the mine in Xinyu City in Jiangxi province on Saturday morning, the official

Published 10 Jan, 2010 12:00am

Beijing urges US to cancel weapons sales to Taiwan

Beijing urges US to cancel weapons sales to Taiwan

China urged Washington on Saturday to abandon plans to sell missile equipment to Taiwan, warning the move would violate its security and severely undermine trust between the US and Chinese militaries. "The US arms sales to Taiwan infringe upon China's sec

Published 10 Jan, 2010 12:00am

Construction of Diamer-Bhasha Dam to start this year: Wapda chief

Construction of Diamer-Bhasha Dam to start this year: Wapda chief

After international competitive bidding, construction work on Diamer-Bhasha Dam Project will start in October this year. The project, on its completion, will store 6.4 million-acre feet (MAF) of water for agriculture besides generating 4500-MW of low-cost

Published 10 Jan, 2010 12:00am

Complete shutterdown on 20th against load-shedding

Complete shutterdown on 20th against load-shedding

The All Pakistan Traders Convention has announced to observe complete shutterdown on January 20, and protest rallies would be organised each week. It warned of more protests if unannounced load shedding was not stopped immediately.

Published 10 Jan, 2010 12:00am

US warns of 'potential threat' to Uganda-Sudan flights

US warns of 'potential threat' to Uganda-Sudan flights

An Air Uganda flight to Sudan was diverted back to Kampala Saturday after the US embassy in Khartoum warned American travellers of a "potential threat" to commercial flights between Uganda and South Sudan. The plane had taken off from Entebbe airport and

Published 10 Jan, 2010 12:00am

PCGA rejects curb on yarn export

PCGA rejects curb on yarn export

The chairman of Pakistan Cotton Ginners Association (PCGA), Abdul Rasheed Khan, has rejected the restriction of by government on yarn export up to 50 million kg a month, and offer of 2 percent rebate to yarn manufacturers for supplying their product to th

Published 10 Jan, 2010 12:00am

Nawaz leaves for China

Nawaz leaves for China

Pakistan Muslim League-Nawaz Mohammad Nawaz Sharif on Saturday left for China for the treatment of his spouse Begum Kulsoom Nawaz. Nawaz is expected to return back after about nine days, sources in the PML-N said. Before proceeding abroad, Nawaz also atte

Published 10 Jan, 2010 12:00am

Nawaz leaves for China

Nawaz leaves for China

Pakistan Muslim League-Nawaz Mohammad Nawaz Sharif on Saturday left for China for the treatment of his spouse Begum Kulsoom Nawaz. Nawaz is expected to return back after about nine days, sources in the PML-N said. Before proceeding abroad, Nawaz also atte

Published 10 Jan, 2010 12:00am

Annular eclipse on January 15

Annular eclipse on January 15

An annular (ring-like) eclipse will occur on Friday, January 15, 2010, according to Pakistan Space & Upper Atmosphere Research Commission (Suparco). This eclipse will be visible in African countries (Kenya, Somalia, etc), Indian Ocean, India, Sri Lanka, B

Published 10 Jan, 2010 12:00am

Annular eclipse on January 15

Annular eclipse on January 15

An annular (ring-like) eclipse will occur on Friday, January 15, 2010, according to Pakistan Space & Upper Atmosphere Research Commission (Suparco). This eclipse will be visible in African countries (Kenya, Somalia, etc), Indian Ocean, India, Sri Lanka, B

Published 10 Jan, 2010 12:00am

Europe shivers as cold snap hits transport, power links

Europe shivers as cold snap hits transport, power links

Europe faced weekend weather misery with scores of flights cancelled Saturday as snow blanketed swathes of the continent, severing key highways and disrupting rail and electricity links. Germans were urged to buy enough food and medicines to last for up t

Published 10 Jan, 2010 12:00am

Port Ministry to take polluting industries to task

Port Ministry to take polluting industries to task

The Marine Pollution Control Board (MPCB) has given green signal to the Ministry of Environment (MoE) to take legal action against those industrial units who violate the marine protection laws. This was stated by Federal Minister for Ports and Shipping, B

Published 10 Jan, 2010 12:00am

Port Ministry to take polluting industries to task

Port Ministry to take polluting industries to task

The Marine Pollution Control Board (MPCB) has given green signal to the Ministry of Environment (MoE) to take legal action against those industrial units who violate the marine protection laws. This was stated by Federal Minister for Ports and Shipping, B

Published 10 Jan, 2010 12:00am

Port Ministry to take polluting industries to task

Port Ministry to take polluting industries to task

The Marine Pollution Control Board (MPCB) has given green signal to the Ministry of Environment (MoE) to take legal action against those industrial units who violate the marine protection laws. This was stated by Federal Minister for Ports and Shipping, B

Published 10 Jan, 2010 12:00am

India all set to ink biggest arms deal with US

India all set to ink biggest arms deal with US

India is all set to sign the biggest arms deal with the United states to buy 10 C-17 Globemaster-III giant strategic aircraft worth $220 million each. The Indian government has formally approached the US for a direct government-to-government deal for acqu

Published 10 Jan, 2010 12:00am

India all set to ink biggest arms deal with US

India all set to ink biggest arms deal with US

India is all set to sign the biggest arms deal with the United states to buy 10 C-17 Globemaster-III giant strategic aircraft worth $220 million each. The Indian government has formally approached the US for a direct government-to-government deal for acqu

Published 10 Jan, 2010 12:00am

German new borrowing less than expected

German new borrowing less than expected

German federal net new borrowing in 2009 totalled some 36 billion euros ($51.5 billion), a few billion less than the Finance Ministry had previously said, a magazine reported. Finance Minister Wolfgang Schaeuble said last month new borrowing by the federa

Published 10 Jan, 2010 12:00am

Nokia urges mobile developers to focus on poor nations

Nokia urges mobile developers to focus on poor nations

Nokia chief executive Olli-Pekka Kallasvuo praised the mobile phone on Friday as a history-changing tool and challenged developers to create programs for poor countries. "These little devices have done more to improve people's lives than perhaps any techn

Published 10 Jan, 2010 12:00am

General Electric loses wind turbine patent fight with Mitsubishi

General Electric loses wind turbine patent fight with Mitsubishi

The US International Trade Commission said on Friday that it found no violation of General Electric wind turbine patents by Mitsubishi, and it terminated its investigation. General Electric lost the round in its fight with Mitsubishi Heavy Industries over

Published 10 Jan, 2010 12:00am

Fund manager warns on UK triple-A credit rating

Fund manager warns on UK triple-A credit rating

A leading British fund manager warned on Friday Britain risked losing a top credit rating without firm action to reduce its budget deficit. Standard & Poor's has said it could downgrade Britain's AAA credit rating over concerns about the credibility of go

Published 10 Jan, 2010 12:00am

Fund manager warns on UK triple-A credit rating

Fund manager warns on UK triple-A credit rating

A leading British fund manager warned on Friday Britain risked losing a top credit rating without firm action to reduce its budget deficit. Standard & Poor's has said it could downgrade Britain's AAA credit rating over concerns about the credibility of go

Published 10 Jan, 2010 12:00am

Weak US jobs report highlights sluggish recovery

Weak US jobs report highlights sluggish recovery

Hopes for a quick US economic rebound were dashed Friday as data showed US employers cut 85,000 jobs in December while the unemployment rate held at 10.0 percent. Analysts said the report highlighted a slow and painful recovery from recession, while Presi

Published 10 Jan, 2010 12:00am

Saudi Herfy to raise $110.2 million from January IPO

Saudi Herfy to raise $110.2 million from January IPO

Herfy Food Services Co, the Saudi replica of fast-food chains McDonald's and Burger King, plans to raise 413.1 million riyals ($110.2 million) from an initial public offering starting next week, the firm said on Saturday. The company will sell 8.1 million

Published 10 Jan, 2010 12:00am

Saudi Herfy to raise $110.2 million from January IPO

Saudi Herfy to raise $110.2 million from January IPO

Herfy Food Services Co, the Saudi replica of fast-food chains McDonald's and Burger King, plans to raise 413.1 million riyals ($110.2 million) from an initial public offering starting next week, the firm said on Saturday. The company will sell 8.1 million

Published 10 Jan, 2010 12:00am

Microsoft appeals Word patent case once more

Microsoft appeals Word patent case once more

Microsoft Corp on Friday asked for a full panel of judges to review an appeals court decision upholding a $290 million jury verdict against it for infringing a patent held by a small Canadian company. The world's largest software company wants all 11 judg

Published 10 Jan, 2010 12:00am

Your rupee last quarter

Your rupee last quarter

Following currency fluctuations took place in foreign exchange rates during the last quarter. (October 01 to December 31, 2009)

Published 10 Jan, 2010 12:00am

Accessing taxpayers'' record by DRRA: business to seek AGP clarification

Accessing taxpayers'' record by DRRA: business to seek AGP clarification

Business community would directly approach the Auditor General of Pakistan (AGP) to seek clarification on the legality of accessing taxpayer''s record for external audit by the Directorate General of Revenue Receipt Audit (DRRA). Sources told Business

Published 10 Jan, 2010 12:00am

The Weather

The weather report on Saturday (January 09, 2010) and the forecast for Sunday (January 10, 2010).

Published 10 Jan, 2010 12:00am

Accessing taxpayers' record by DRRA: business to seek AGP clarification

Business community would directly approach the Auditor General of Pakistan (AGP) to seek clarification on the legality of accessing taxpayer's record for external audit by the Directorate General of Revenue Receipt Audit (DRRA). Sources told Business R
Published 10 Jan, 2010 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Accessing taxpayers' record by DRRA: business to seek AGP clarification

Business community would directly approach the Auditor General of Pakistan (AGP) to seek clarification on the legality of accessing taxpayer's record for external audit by the Directorate General of Revenue Receipt Audit (DRRA). Sources told Business R
Published 10 Jan, 2010 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Pakistan offers to sell POF-made weaponry to UK

Pakistan on Saturday offered to the United Kingdom sale of quality arms and ammunitions manufactured in the country's largest ordinances factory at Wah Cantt. At a joint press conference with his British counterpart David Miliband who is on his two-day of
Published 10 Jan, 2010 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Pakistan offers to sell POF-made weaponry to UK

Pakistan on Saturday offered to the United Kingdom sale of quality arms and ammunitions manufactured in the country's largest ordinances factory at Wah Cantt. At a joint press conference with his British counterpart David Miliband who is on his two-day of
Published 10 Jan, 2010 12:00am

Poultry Rates

Wholesale poultry rates on Saturday (January 09, 2010) and for Sunday (January 10, 2010).
Published 10 Jan, 2010 12:00am

ECC to approve Rs 10 billion bailout package for PSM

The Economic Co-ordination Committee (ECC) of the Cabinet, which is scheduled to meet on January 12, 2010, will approve a bailout package of Rs 10 billion for the financially strapped Pakistan Steel Mills (PSM), sources close to Industries Minister told <
Published 10 Jan, 2010 12:00am

Yarn Prices
Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

ECC to approve Rs 10 billion bailout package for PSM

The Economic Co-ordination Committee (ECC) of the Cabinet, which is scheduled to meet on January 12, 2010, will approve a bailout package of Rs 10 billion for the financially strapped Pakistan Steel Mills (PSM), sources close to Industries Minister told <
Published 10 Jan, 2010 12:00am

Yarn Prices
Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

ECC to approve Rs 10 billion bailout package for PSM

The Economic Co-ordination Committee (ECC) of the Cabinet, which is scheduled to meet on January 12, 2010, will approve a bailout package of Rs 10 billion for the financially strapped Pakistan Steel Mills (PSM), sources close to Industries Minister told <
Published 10 Jan, 2010 12:00am

Yarn Prices
Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Thar coal power project: TCEB announces 20.5 percent IRR for investors

The Thar Coal and Energy Board (TCEB) in its 7th meeting at Sindh Chief Minister House on Saturday decided to give 20.5 and 20 percent Internal Rate of Return (IRR) to those companies investing in ''initial projects'' at the Thar Coal achieving financial
Published 10 Jan, 2010 12:00am

Yarn Prices
Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Thar coal power project: TCEB announces 20.5 percent IRR for investors

The Thar Coal and Energy Board (TCEB) in its 7th meeting at Sindh Chief Minister House on Saturday decided to give 20.5 and 20 percent Internal Rate of Return (IRR) to those companies investing in 'initial projects' at the Thar Coal achieving financial cl
Published 10 Jan, 2010 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Thar coal power project: TCEB announces 20.5 percent IRR for investors

The Thar Coal and Energy Board (TCEB) in its 7th meeting at Sindh Chief Minister House on Saturday decided to give 20.5 and 20 percent Internal Rate of Return (IRR) to those companies investing in 'initial projects' at the Thar Coal achieving financial cl
Published 10 Jan, 2010 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Global recovery faster but sustainability in question: IMF

Global economic recovery is faster and stronger than expected but there are still risks for its sustainability, the International Monetary Fund's head for Europe, Marek Belka, was quoted on Saturday as saying. In an interview with Gazeta Wyborcza daily, B
Published 10 Jan, 2010 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Global recovery faster but sustainability in question: IMF

Global economic recovery is faster and stronger than expected but there are still risks for its sustainability, the International Monetary Fund's head for Europe, Marek Belka, was quoted on Saturday as saying. In an interview with Gazeta Wyborcza daily, B
Published 10 Jan, 2010 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

USC stores raise sugar price by Rs two per kg

The Utility Stores Corporation outlets have increased the price of white refined sugar by Rs 2 per kilo, without a formal notification from the Ministry of Industries and Production (MoIP). In some USC outlets in the city, sugar was being black-marketed a
Published 10 Jan, 2010 12:00am

Grain market rates

Karachi grain market rates in rupees on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

USC stores raise sugar price by Rs two per kg

The Utility Stores Corporation outlets have increased the price of white refined sugar by Rs 2 per kilo, without a formal notification from the Ministry of Industries and Production (MoIP). In some USC outlets in the city, sugar was being black-marketed a
Published 10 Jan, 2010 12:00am

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

USC stores raise sugar price by Rs two per kg

The Utility Stores Corporation outlets have increased the price of white refined sugar by Rs 2 per kilo, without a formal notification from the Ministry of Industries and Production (MoIP). In some USC outlets in the city, sugar was being black-marketed a
Published 10 Jan, 2010 12:00am

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

VAT Act restrains FBR from multiple audit

The Federal Value Added Tax (VAT) Act 2010 has strictly restrained the Federal Board of Revenue (FBR) from conducting multiple audit of a taxpayer in the same tax period to save business community from undue harassment. Sources told Business Recorder <
Published 10 Jan, 2010 12:00am

Rates of spices and other allied commodities

Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

VAT Act restrains FBR from multiple audit

The Federal Value Added Tax (VAT) Act 2010 has strictly restrained the Federal Board of Revenue (FBR) from conducting multiple audit of a taxpayer in the same tax period to save business community from undue harassment. Sources told Business Recorder <
Published 10 Jan, 2010 12:00am

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

VAT Act restrains FBR from multiple audit

The Federal Value Added Tax (VAT) Act 2010 has strictly restrained the Federal Board of Revenue (FBR) from conducting multiple audit of a taxpayer in the same tax period to save business community from undue harassment. Sources told Business Recorder <
Published 10 Jan, 2010 12:00am

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

SBP clarifies

With reference to a news item headlined "SBP''s flexible exchange rate policy: Rupee likely to lose more versus dollar," published in daily Business Recorder on Saturday, January 9, the State Bank has clarified that:
Published 10 Jan, 2010 12:00am

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

SBP clarifies

With reference to a news item headlined "SBP's flexible exchange rate policy: Rupee likely to lose more versus dollar," published in daily Business Recorder on Saturday, January 9, the State Bank has clarified that:
Published 10 Jan, 2010 12:00am

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

SBP clarifies

With reference to a news item headlined "SBP's flexible exchange rate policy: Rupee likely to lose more versus dollar," published in daily Business Recorder on Saturday, January 9, the State Bank has clarified that:
Published 10 Jan, 2010 12:00am

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Duty relief on yarn import

The Federal Board of Revenue (FBR) has abolished customs duty on import of cotton yarn with certain specifications (other than sewing thread) by genuine importers/manufacturers. In this connection, the FBR has issued a notification here on Saturday.
Published 10 Jan, 2010 12:00am

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Duty relief on yarn import

The Federal Board of Revenue (FBR) has abolished customs duty on import of cotton yarn with certain specifications (other than sewing thread) by genuine importers/manufacturers. In this connection, the FBR has issued a notification here on Saturday.
Published 10 Jan, 2010 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Duty relief on yarn import

The Federal Board of Revenue (FBR) has abolished customs duty on import of cotton yarn with certain specifications (other than sewing thread) by genuine importers/manufacturers. In this connection, the FBR has issued a notification here on Saturday.
Published 10 Jan, 2010 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Government may allow rice export to any country

The government is likely to allow export of rice to any country on government to government basis as Pakistan Agriculture Storage and Supplies Corporation (Passco) is shouldering Rs 11.5 million interest per day on loans taken from banks for paddy procure
Published 10 Jan, 2010 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Government may allow rice export to any country

The government is likely to allow export of rice to any country on government to government basis as Pakistan Agriculture Storage and Supplies Corporation (Passco) is shouldering Rs 11.5 million interest per day on loans taken from banks for paddy procure
Published 10 Jan, 2010 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Government may allow rice export to any country

The government is likely to allow export of rice to any country on government to government basis as Pakistan Agriculture Storage and Supplies Corporation (Passco) is shouldering Rs 11.5 million interest per day on loans taken from banks for paddy procure
Published 10 Jan, 2010 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (January 09, 2010).

Published 10 Jan, 2010 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / Nov 7

278

USD PKR Interbank Buying / Nov 7

277.85

USD to Japanese Yen / Nov 7

154.11

USD to Swiss Franc / Nov 7

0.88

Pound Sterling to USD / Nov 7

1.29

Euro to USD / Nov 7

1.07

Stock Volume

S&P 500 / Nov 6

5,929.04

Nasdaq / Nov 6

18,983.46

Dow Jones / Nov 6

43,729.93

India Sensex / Nov 7

79,507.26

Tokyo Nikkei / Nov 7

39,366.94

Hang Seng / Nov 7

20,858.18

FTSE 100 / Nov 7

8,192.50

Germany DAX 30 / Nov 7

19,253.31

Item Value

Karachi Cotton PKR/37.32 KG / Nov 6

18,285

Petrol/Litre / Nov 7

248.38

Crude Oil USD/Barrel / Nov 7

72.04

Gold 10 Grams PKR / Nov 7

237,311

Gold Spot USD/Ounce / Nov 7

2,657.92

Diesel/Litre / Nov 7

255.14

Gainers
Losers
Leaders

Stock Price

786 Invest Ltd / Nov 7

786 Investments Limited(786)

5

▼ 0.00 (0.00%)

AL-Abbas Sugar / Nov 7

Al-Abbas Sugar Mills Limited(AABS)

585

▼ 0.00 (0.00%)

Agro Allianz / Nov 7

Agro Allianz Limited(AAL)

16

▼ 0.00 (0.00%)

AL-Abid Silk / Nov 7

Al-Abid Silk Mills Limited(AASM)

3.49

▼ 0.00 (0.00%)

Ali Asghar / Nov 7

Ali Asghar Textile Mills Limited(AATM)

2.07

▼ 0.00 (0.00%)

Allied Bank / Nov 7

Allied Bank Limited(ABL)

87.10

▼ 0.00 (0.00%)

Abbott Lab. / Nov 7

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▼ 0.00 (0.00%)

Abson Ind. / Nov 7

Abson Industries Limited(ABSON)

2.50

▼ 0.00 (0.00%)

Alfalah ETF. / Nov 7

Alfalah Consumer Index ETF.(ACIETF)

9.84

▼ 0.00 (0.00%)

Stock Price

786 Invest Ltd / Nov 7

786 Investments Limited(786)

5

▲ 0.00 (0.00%)

AL-Abbas Sugar / Nov 7

Al-Abbas Sugar Mills Limited(AABS)

585

▲ 0.00 (0.00%)

Agro Allianz / Nov 7

Agro Allianz Limited(AAL)

16

▲ 0.00 (0.00%)

AL-Abid Silk / Nov 7

Al-Abid Silk Mills Limited(AASM)

3.49

▲ 0.00 (0.00%)

Ali Asghar / Nov 7

Ali Asghar Textile Mills Limited(AATM)

2.07

▲ 0.00 (0.00%)

Allied Bank / Nov 7

Allied Bank Limited(ABL)

87.10

▲ 0.00 (0.00%)

Abbott Lab. / Nov 7

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▲ 0.00 (0.00%)

Abson Ind. / Nov 7

Abson Industries Limited(ABSON)

2.50

▲ 0.00 (0.00%)

Alfalah ETF. / Nov 7

Alfalah Consumer Index ETF.(ACIETF)

9.84

▲ 0.00 (0.00%)

Stock Volume

P.I.A.C.(A) / Nov 7

Pakistan International Airlines Corp(PIAA)

47,200,500

▲ 0.00

Cnergyico PK / Nov 7

Cnergyico PK Limited(CNERGY)

29,719,327

▲ 0.00

Pak Petroleum / Nov 7

Pakistan Petroleum Limited(PPL)

21,170,581

▲ 0.00

Pak Refinery / Nov 7

Pakistan Refinery Limited(PRL)

16,965,134

▲ 0.00

The Searle Co. / Nov 7

The Searle Company Limited(SEARL)

15,793,227

▲ 0.00

P.T.C.L. / Nov 7

Pakistan Telecommunication Company Ltd(PTC)

15,054,641

▲ 0.00

K-Electric Ltd. / Nov 7

K-Electric Limited(KEL)

14,145,556

▲ 0.00

WorldCall Telecom / Nov 7

Worldcall Telecom Limited(WTL)

13,158,668

▲ 0.00

Telecard Limited / Nov 7

Telecard Limited(TELE)

12,358,668

▲ 0.00

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