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Print - 2010-01-22
Expanding tax base through terrorisation

Expanding tax base through terrorisation

After our hectic campaign of many years - it started way back in 1995 - the Federal Board of Revenue (FBR) has at last admitted its failure to get tax returns of all those who earn taxable income - the figure is not less than 25 million, whereas tax retur
Published 22 Jan, 2010 12:00am
Top US intelligence chief meets Hussain Haqqani

Top US intelligence chief meets Hussain Haqqani

The top US intelligence chief held meetings with Pakistani-Americans as the United States expands its drone attacks on militants in the South Asian nation, his office said Wednesday. Director of National Intelligence Dennis Blair held the roundtable discu
Published 22 Jan, 2010 12:00am
'Exporters' R&D claims to be cleared within one month'

'Exporters' R&D claims to be cleared within one month'

Pending Research and Development (R&D) of exporters would be cleared within one month, said Dr Muhammad Saleem Chief Manager State Bank of Pakistan (SBP) Faisalabad. He was addressing a reception hosted in his honour by Pakistan Hosiery Manufacturers & Ex
Published 22 Jan, 2010 12:00am
41,110 cusecs water released from reservoirs

41,110 cusecs water released from reservoirs

The Indus River System Authority (IRSA) on Thursday released 41,110 cusecs water from various rim stations with inflow of 37,482 cusecs. According to the data released by IRSA here, the maximum water level in River Indus at Tarbela was 1424.17 feet, which
Published 22 Jan, 2010 12:00am
Friendly fire

Friendly fire

US Defence Secretary Robert Gates praising the Indian restraint after the Mumbai attack of 2008, said in New Delhi, "The ability of any state to continue that, were it to be attacked again, I think is in question.
Published 22 Jan, 2010 12:00am
A snub to nation

A snub to nation

Finally the Indian government has shown his clear intention about how they want relations with Pakistan. Nowadays 'Aman ki Aasha' campaign was launched to minimise political differences among both countries and every one was supporting this wish even the
Published 22 Jan, 2010 12:00am
Aman ki Asha?

Aman ki Asha?

On the one hand the Indians are singing melodious songs of Aman ki Asha and friendship. But on other hand, the Indians are creating a hype on the LoC with allegations of infiltration and attacks across the Line of Control. On January 18, the Indians resor
Published 22 Jan, 2010 12:00am
Up to 10 percent of Iraqis disabled by war

Up to 10 percent of Iraqis disabled by war

Amputee Hamza Hameed is a living reminder of the US "shock and awe" bombardment during the 2003 US invasion of Iraq, one of up to three million Iraqis disabled after years of war, sanctions and economic deprivation. He lost his right leg, amputated just b
Published 22 Jan, 2010 12:00am
Rehabilitation of IDPs: Fehmida seeks international help

Rehabilitation of IDPs: Fehmida seeks international help

Speaker National Assembly Dr Fehmida Mirza Thursday said that Pakistan was committed to fighting against terrorism and it was high time for international community and Friends of Democratic Pakistan (FoDP) to fulfil their promises to support Pakistan in i
Published 22 Jan, 2010 12:00am
Matters of morality

Matters of morality

Soon after the short judgement of the Supreme Court on the issue of NRO that it was contrary to the equality guaranteed by the 1973 Constitution of Pakistan and that all the cases, disposed of because of the controversial Ordinance stand revived, it was g
Published 22 Jan, 2010 12:00am
Drugs: separating spurious and authentic claims

Drugs: separating spurious and authentic claims

Speaking on the issue of spurious medicines in the National Assembly on Tuesday, Interior Minister Rehman Malik said that 40 to 50 percent medicines, including life-saving drugs for children, had been found to be spurious or substandard. According to a PM
Published 22 Jan, 2010 12:00am
C/A is better, but there are no grounds for complacency

C/A is better, but there are no grounds for complacency

The latest news on the external sector of the economy are encouraging. According to the data released by the State Bank of Pakistan on 19th January, the current account deficit of the country was down by 78 percent to stand at $1.76 billion during July-De
Published 22 Jan, 2010 12:00am
'Government providing funds to develop remote areas'

'Government providing funds to develop remote areas'

Senior advisor to Chief Minister Punjab Sardar Zulfiqar Ali Khan Khosa has said that Pakistan Muslim League-Nawaz (PML-N) led Punjab government is taking measures for the development of far-flung and remote areas of the province and poverty alleviation.
Published 22 Jan, 2010 12:00am
Recruitment for Army Services Corps

Recruitment for Army Services Corps

28 Supply and Transport Battalion, Army Services Corps Hyderabad has announced that the recruitment of clerks, drivers, store man, cook and driver animal transport, in 28 Supply and Transport Battalion Army Service Corps would be carried out from January
Published 22 Jan, 2010 12:00am
US ambassador lauds efforts of Kashf Foundation

US ambassador lauds efforts of Kashf Foundation

Anne W. Patterson, United States Ambassador to Pakistan while commending the efforts of the Managing Director of Kashf Foundation Ms Roshaneh Zafar's in the field of social entrepreneurship in Pakistan, has cordially invited her to attend the Presidential
Published 22 Jan, 2010 12:00am
Punjab University lecturer awarded PhD degree

Punjab University lecturer awarded PhD degree

Punjab University Institute of Education and Research (IER) lecturer has conducted a study on the root causes of dropout rate at primary level schools and proposed an Inclusive Schooling Model for Pakistani Schools and further gave a plan of its implement
Published 22 Jan, 2010 12:00am
'Enhancing women literacy rate vital to economic development'

'Enhancing women literacy rate vital to economic development'

Punjab School Education Secretary Muhammad Aslam Kamboh has said that the dream of economic development could be realised by enhancing women literacy rate in the country. Keeping in view the significance of woman education, gender budgeting and planning h
Published 22 Jan, 2010 12:00am
Chairman BoI meets Prime Minister

Chairman BoI meets Prime Minister

Chairman Board of Investment (BoI) Saleem H Mandviwala on Thursday called on Prime Minister Syed Yousuf Raza Gilani at the PM House and briefed him about the working of the BoI, says a PM House press release issued here.
Published 22 Jan, 2010 12:00am
Gold posts lowest level this year

Gold posts lowest level this year

Gold prices fell nearly 2 percent to below $1,090 an ounce on Thursday, their lowest level this year, as the dollar hit a near six-month high versus the euro, cutting buying of the precious metal as an alternative asset. Spot gold hit a low of $1,088.30 a
Published 22 Jan, 2010 12:00am
US MIDDAY: sugar at 29-year peak

US MIDDAY: sugar at 29-year peak

Summaries of the ICE Futures US cocoa, coffee and sugar markets early on Thursday. March arabica coffee contract fell 0.65 cent to $1.3855 per lb at 10:54 am EST (1554 GMT). Session range from $1.3850 to $1.4015. Arabica coffee dipped in choppy dealings b
Published 22 Jan, 2010 12:00am
US MIDDAY: soyabeans rally, wheat down

US MIDDAY: soyabeans rally, wheat down

Soyabean futures on the Chicago Board of Trade rallied early Thursday in a technical bounce after the spot contract fell to a three-month low this week, traders said. As of 9:52 am CST (1552 GMT), CBOT March soyabeans were up 7-1/2 cents at $9.57-1/2 per
Published 22 Jan, 2010 12:00am
US MIDDAY: gold and copper sharply lower

US MIDDAY: gold and copper sharply lower

The following are New York midsession prices and market updates for precious metals and copper: Gold for February delivery down $23, or 2.1 percent, at $1,089.60 an ounce at 11:44 am EST (1644 GMT) on the COMEX division of the New York Mercantile Exchange
Published 22 Jan, 2010 12:00am
NIP management simplifies contract procedure

NIP management simplifies contract procedure

The National Internship Programme (NIP) management has simplified and modified the procedure to facilitate the youth regarding signing of contracts. An official of NIP here on Thursday said it had been decided that henceforth the condition of prior signin
Published 22 Jan, 2010 12:00am
Hammad elected ICMAP Chairman

Hammad elected ICMAP Chairman

The Karachi Branch Council (KBC) of the Institute of Cost and Management Accountants of Pakistan (ICMAP) has elected Hammad Raza Zaid as chairman for the year 2010. While Tariq Hussain has been elected vice chairman, Abdul Wasey Khan secretary, Noman Depu
Published 22 Jan, 2010 12:00am
'Science, technology vital to meet global standards'

'Science, technology vital to meet global standards'

The nations legging behind in science and technology would not have to meet the global standards without adopting innovative approach. This was stated by UAF Vice Chancellor Professor Dr Iqrar Ahmad Khan while addressing the participants of dissemination
Published 22 Jan, 2010 12:00am
Need for strong commercial ties between Pakistan, Nepal stressed

Need for strong commercial ties between Pakistan, Nepal stressed

Nepal's ambassador to Pakistan Bala Bahadur Kanwal has said,"Nepal is a soveriegn state and we are not under the dominance of India," and he also, once again, rejected the claim of India that the only attacker arrested alive in the Mumbai attacks had been
Published 22 Jan, 2010 12:00am
DCO inspects construction work of museum

DCO inspects construction work of museum

DCO Saeed Wahlah visited the site of under completion building of museum and inspected the construction work of museum. He directed that the building of the museum should be completed within stipulated period and high quality construction work should be e
Published 22 Jan, 2010 12:00am
Divisional Public School: performance of students appreciated

Divisional Public School: performance of students appreciated

Divisional Commissioner Tahir Hussain has said that the girls sections of Divisional Public School (DPS) will be made Girls College very soon and the Divisional Model College (DMC) shifted to new building within a period of one year. He expressed these vi
Published 22 Jan, 2010 12:00am
Urs of Bahauddin Zakariya begins in Multan

Urs of Bahauddin Zakariya begins in Multan

The three-day rituals of 770th Urs of Sheikh-ul-Islam Hazrat Bahauddin Zikriya began in Multan on Thursday (yesterday). The Urs rituals began with washing of tomb offered by Sajjada Nasheen of tomb and foreign minister Makhdoon Shah Mehmood Qureshi
Published 22 Jan, 2010 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on January 19, 2010.

Published 22 Jan, 2010 12:00am
2.29 million euros allocated to food insecure districts

2.29 million euros allocated to food insecure districts

European Commission (EC) and OXFAM GB team up to allocate 2.29 million Euros for food insecure districts of Sindh and Balochistan like Sanghar, Dadu and Musakheal' says Fatima Naqvi, Programme Manager of Land Rights and Economic Opportunities department o
Published 22 Jan, 2010 12:00am
Intel unveils advanced technology family processors

Intel unveils advanced technology family processors

Intel Pakistan Corporation Thursday introduced its all-new 2010 Intel(r) CoreTM family processors, in Pakistan. This was announced by Country Manager Intel Pakistan Corporation Ashar H. Zaidi at a press conference, held at a local hotel here. The new 2010
Published 22 Jan, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (January 21, 2010).

Published 22 Jan, 2010 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 22 Jan, 2010 12:00am
AAML announces second quarter payouts

AAML announces second quarter payouts

The Board of Directors of Atlas Asset Management Limited, an Atlas Group Company, approved the second quarter payouts for its Atlas Income Fund (AIF) and Atlas Islamic Income Fund (AIIF) for the half year ended December 31, 2010. For Atlas Income Fund (AI
Published 22 Jan, 2010 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on January 19, 2010.

Published 22 Jan, 2010 12:00am
AAML announces second quarter payouts

AAML announces second quarter payouts

The Board of Directors of Atlas Asset Management Limited, an Atlas Group Company, approved the second quarter payouts for its Atlas Income Fund (AIF) and Atlas Islamic Income Fund (AIIF) for the half year ended December 31, 2010. For Atlas Income Fund (AI
Published 22 Jan, 2010 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on January 19, 2010.

Published 22 Jan, 2010 12:00am
PP-65 in Faisalabad: '21 abadies to be provided electricity'

PP-65 in Faisalabad: '21 abadies to be provided electricity'

Senior Provincial Minister, Raja Riaz Ahmed has said that as far as 21 abadies of PP-65 in Faisalabad would be provided electricity and Prime Minister has released funds out of his special grants. He added that in this regard necessary formalities would b
Published 22 Jan, 2010 12:00am
The Weather

The Weather

The weather report on Thursday (January 21, 2010) and the forecast for Friday (January 22, 2010).

Published 22 Jan, 2010 12:00am
Rs 0.5 million cheque given to family of late Farman

Rs 0.5 million cheque given to family of late Farman

Federal Minister for Overseas Pakistanis, Dr Farooq Sattar, handed over a cheque of five lac rupees and a allotment letter of a plot in OPF Valley Zone V, Islamabad to the family of late Farman Ali, a gallant Pakistani who sacrificed his life while saving
Published 22 Jan, 2010 12:00am
PSH to be established in all districts within six months

PSH to be established in all districts within six months

Pakistan Bait-ul-Maal (PBM) would establish Pakistan Sweet Homes (PSH) in every district of the country within six months in which best facilities including education, health, accommodation and food are provided to orphans. Managing Director Pakistan Bait
Published 22 Jan, 2010 12:00am
'22,745 employees given 12 percent shares in five entities'

'22,745 employees given 12 percent shares in five entities'

Senator Waqar Ahmed Khan Federal Minister for Privatisation has said that under Benazir Employees Stock Option Scheme (BESOS) so far 22,745 employees have been given 12 percent shares certificates in five entities. He was talking to 15-member delegation o
Published 22 Jan, 2010 12:00am
KESC upgrades Old Town Grid in Lyari

KESC upgrades Old Town Grid in Lyari

Under its comprehensive revamping programme of the distribution network, the Karachi Electric Supply Company (KESC) has added 18 more feeders and two new 40-MVA transformers to the Old Town Grid in Lyari at a cost of Rs 200 million. As many as 42 new pole
Published 22 Jan, 2010 12:00am
Sowing of HSF-242 variety of sugarcane recommended

Sowing of HSF-242 variety of sugarcane recommended

Punjab Agriculture Department has recommended sowing of HSF-242 variety of sugarcane, which according to it can have a yield of over 1500 maund per acre. The department said that this variety has been introduced by the sugarcane research institute Faisala
Published 22 Jan, 2010 12:00am
Crackdown against spurious drug dealers, quacks launched

Crackdown against spurious drug dealers, quacks launched

Pursuant to directions of the Chief Minister Punjab, health authorities in the province have launched crackdown on the substandard and spurious drug dealers and quacks. The drug courts imposed fine worth Rs 43.25 million and awarded imprisonment ranging f
Published 22 Jan, 2010 12:00am
Transfer and postings

Transfer and postings

The Ministry of Railways issued a notification for transfer/posting of senior officers here on Thursday. Shafiqullah Khan has been posted as the Director Operation in the Railways Ministry who was attending National Management Course. Imtiaz Rizwi, Direct
Published 22 Jan, 2010 12:00am
Farooq Afzal nominated FPCCI-PRBC chairman

Farooq Afzal nominated FPCCI-PRBC chairman

Sultan Ahmed Chawla, President FPCCI has nominated Muhammad Farooq Afzal of ITN group of companies as Chairman and Ahsan-ul-Haq Siddiqui of Artex International as Vice Chairman of Pakistan Russia Business Council (PRBC) of FPCCI for the 2010 term.
Published 22 Jan, 2010 12:00am
NA-123 by-poll: PML-N leader sees Lahore as party's stronghold

NA-123 by-poll: PML-N leader sees Lahore as party's stronghold

Senior leader of Pakistan Muslim League-N and Political Advisor to CM Punjab Mohammad Pervaiz Malik has said that Lahore is an unconquerable stronghold of PML-N and by the grace of God, the PML-N candidate will emerge victorious in the forthcoming by-elec
Published 22 Jan, 2010 12:00am
PPAF, EF to form alliance to complement each other's efforts

PPAF, EF to form alliance to complement each other's efforts

Pakistan Poverty Alleviation Fund (PPAF) and Engro Foundation (EF) have decided to form an alliance to complement each other's efforts/activities and jointly fund Rs 250 million for provision of basic infrastructure, education, basic health and social sec
Published 22 Jan, 2010 12:00am
Reap team meets Sindh Governor

Reap team meets Sindh Governor

A delegation of Rice Exporters Association of Pakistan (Reap) led by Vice Chairman Rafique Suleman had a meeting with Sindh Governor Dr Ishratul Ibad Khan at Governor House on Wednesday. According to a press release, Rafique Suleman thanked the Governor a
Published 22 Jan, 2010 12:00am
Iftikhar Ali gets lifetime achievement award

Iftikhar Ali gets lifetime achievement award

Pakistan Auto Spareparts Importers and Dealers Association (PASPIDA) has awarded the Guard Group Chief Executive and Vice President of Saarc Chamber of Commerce and Industry Iftikhar Ali Malik with lifetime achievement award. An impressive ceremony was he
Published 22 Jan, 2010 12:00am
2,547 smuggled cellphones seized

2,547 smuggled cellphones seized

Pakistan Customs has seized 2,547 cell phones being smuggled from Hong Kong to Karachi. An information was received through Chief Collector of Customs (South), Custom House, Karachi that an attempt would be made to clear mobile phones without payment of d
Published 22 Jan, 2010 12:00am
Corruption in Railways: Prem supports formation of Judicial Commission

Corruption in Railways: Prem supports formation of Judicial Commission

The Pakistan Railways Employee Union (Prem) has supported the constitution of a high level Judicial Commission to look into massive corruption in Pakistan Railways that has put PR on the verge of financial collapse. Talking to Business Recorder on
Published 22 Jan, 2010 12:00am
Oracle announces launch of FLEXCUBE Universal Banking

Oracle announces launch of FLEXCUBE Universal Banking

Oracle Financial Services Software has announced a new release of Oracle FLEXCUBE Universal Banking. This brings together the Oracle, supporting banks in more than 125 countries including Pakistan, with a combined asset base in excess of 30 trillion dolla
Published 22 Jan, 2010 12:00am
Samsung launches GenoA touch screen mobile phone

Samsung launches GenoA touch screen mobile phone

Samsung Electronics Co Ltd has unveiled its latest GenoA touch screen mobile phone and announced Teletec Solutions Pakistan (TSP) as its new official partner. This was stated by Zeeshan Qureshi, head of mobile phones division, Samsung Pakistan and Afghani
Published 22 Jan, 2010 12:00am
New York cotton

New York cotton

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

Published 22 Jan, 2010 12:00am
NIT to launch new product ''''NIT-IF''''

NIT to launch new product ''''NIT-IF''''

The National Investment Trust Limited (NITL) is in the process of launching a new investment instrument - the National Investment Trust Income Fund (NIT-IF) to generate competitive stream of return with moderate risk by investing in Fixed Income Securitie
Published 22 Jan, 2010 12:00am
New York cotton

New York cotton

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

Published 22 Jan, 2010 12:00am
Ecnec approves 28 projects worth Rs 265.4 billion

Ecnec approves 28 projects worth Rs 265.4 billion

The Executive Committee of the National Economic Council (Ecnec) on Thursday approved 28 projects costing Rs 265.4 billion with foreign exchange component (FEC) of Rs 37.72 billion. Ecnec met under the chairmanship of Federal Minister for Finance, Shaukat
Published 22 Jan, 2010 12:00am
Ecnec approves 28 projects worth Rs 265.4 billion

Ecnec approves 28 projects worth Rs 265.4 billion

The Executive Committee of the National Economic Council (Ecnec) on Thursday approved 28 projects costing Rs 265.4 billion with foreign exchange component (FEC) of Rs 37.72 billion. Ecnec met under the chairmanship of Federal Minister for Finance, Shaukat
Published 22 Jan, 2010 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 22 Jan, 2010 12:00am
Ecnec approves 28 projects worth Rs 265.4 billion

Ecnec approves 28 projects worth Rs 265.4 billion

The Executive Committee of the National Economic Council (Ecnec) on Thursday approved 28 projects costing Rs 265.4 billion with foreign exchange component (FEC) of Rs 37.72 billion. Ecnec met under the chairmanship of Federal Minister for Finance, Shaukat
Published 22 Jan, 2010 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 22 Jan, 2010 12:00am
Rice procurement: SBP told to manage extra financial limits

Rice procurement: SBP told to manage extra financial limits

The State Bank of Pakistan (SBP) has been directed by the federal government to manage additional financial limits for procurement of rice through Pakistan Agricultural Storage and Services Corporation (Passco), official sources told Business Recorder<
Published 22 Jan, 2010 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (January 21, 2010).

Published 22 Jan, 2010 12:00am
Rice procurement: SBP told to manage extra financial limits

Rice procurement: SBP told to manage extra financial limits

The State Bank of Pakistan (SBP) has been directed by the federal government to manage additional financial limits for procurement of rice through Pakistan Agricultural Storage and Services Corporation (Passco), official sources told Business Recorder<
Published 22 Jan, 2010 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (January 21, 2010).

Published 22 Jan, 2010 12:00am
Rice procurement: SBP told to manage extra financial limits

Rice procurement: SBP told to manage extra financial limits

The State Bank of Pakistan (SBP) has been directed by the federal government to manage additional financial limits for procurement of rice through Pakistan Agricultural Storage and Services Corporation (Passco), official sources told Business Recorder<
Published 22 Jan, 2010 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (January 21, 2010).

Published 22 Jan, 2010 12:00am
Index loses 150.90 points

Index loses 150.90 points

The Karachi share market witnessed negative trend on Thursday and the KSE-100 index lost 150.90 points to close at 9,753.84 points level. The market opened on a positive note and the index hit 9,926.93 points intra-day low, however, selling pressure force
Published 22 Jan, 2010 12:00am
Index loses 150.90 points

Index loses 150.90 points

The Karachi share market witnessed negative trend on Thursday and the KSE-100 index lost 150.90 points to close at 9,753.84 points level. The market opened on a positive note and the index hit 9,926.93 points intra-day low, however, selling pressure force
Published 22 Jan, 2010 12:00am
Index loses 150.90 points

Index loses 150.90 points

The Karachi share market witnessed negative trend on Thursday and the KSE-100 index lost 150.90 points to close at 9,753.84 points level. The market opened on a positive note and the index hit 9,926.93 points intra-day low, however, selling pressure force
Published 22 Jan, 2010 12:00am
BRIndex30 down by 149.66 points

BRIndex30 down by 149.66 points

On Thursday, BRIndex30 opened at 8,722.30. It almost immediately entered a downward trend and afterwards remained negative throughout the market time. It closed at 8,572.64 with a negative change of -149.66 points or -1.72 percent.
Published 22 Jan, 2010 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (January 21, 2010).

Published 22 Jan, 2010 12:00am
BRIndex30 down by 149.66 points

BRIndex30 down by 149.66 points

On Thursday, BRIndex30 opened at 8,722.30. It almost immediately entered a downward trend and afterwards remained negative throughout the market time. It closed at 8,572.64 with a negative change of -149.66 points or -1.72 percent.
Published 22 Jan, 2010 12:00am
Exploration rights of six blocks granted to OGDCL, PPL and POL

Exploration rights of six blocks granted to OGDCL, PPL and POL

The government has granted exploration rights of six blocks to Oil and Gas Development Company Limited (OGDCL), Pakistan Petroleum Limited (PPL) and Pakistan Oil Field (POL) while these entities have made minimum firm work commitment of $25.42 million. Th
Published 22 Jan, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (January 21, 2010).
Published 22 Jan, 2010 12:00am
Exploration rights of six blocks granted to OGDCL, PPL and POL

Exploration rights of six blocks granted to OGDCL, PPL and POL

The government has granted exploration rights of six blocks to Oil and Gas Development Company Limited (OGDCL), Pakistan Petroleum Limited (PPL) and Pakistan Oil Field (POL) while these entities have made minimum firm work commitment of $25.42 million. Th
Published 22 Jan, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (January 21, 2010).

Published 22 Jan, 2010 12:00am
Exploration rights of six blocks granted to OGDCL, PPL and POL

Exploration rights of six blocks granted to OGDCL, PPL and POL

The government has granted exploration rights of six blocks to Oil and Gas Development Company Limited (OGDCL), Pakistan Petroleum Limited (PPL) and Pakistan Oil Field (POL) while these entities have made minimum firm work commitment of $25.42 million. Th
Published 22 Jan, 2010 12:00am