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Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-01-28
THE RUPEE: dollar five paisa down

THE RUPEE: dollar five paisa down

The rupee again showed mixed trend on the local currency market on Wednesday in process of trading, money viewers said. On the interbank market the rupee recovered five paisa against dollar at 84.55 and 84.60 for buying and selling, they said. In the thir
Published 28 Jan, 2010 12:00am
'Sichuan-Saarc business' seminar in China today

'Sichuan-Saarc business' seminar in China today

'Sichuan-Saasrc business' seminar will be inaugurated by Governor of Sichuan province of China in the city of Chengdu on January 28. Annisul Haq, President of Saarc Chamber of Commerce and Industry will address the inaugural session on importance and pros
Published 28 Jan, 2010 12:00am
THE RUPEE: dollar five paisa down

THE RUPEE: dollar five paisa down

The rupee again showed mixed trend on the local currency market on Wednesday in process of trading, money viewers said. On the interbank market the rupee recovered five paisa against dollar at 84.55 and 84.60 for buying and selling, they said. In the thir
Published 28 Jan, 2010 12:00am
Over 300 doctors recommended for promotion

Over 300 doctors recommended for promotion

In compliance with directions of the chief minister to dispose off the promotion of Medical Officers, the health department's Promotion Committee (DPC) has recommended promotion of over 300 doctors from BS-17 to BS-18. In this connection, a meeting of DPC
Published 28 Jan, 2010 12:00am
METRO Cash & Carry marks first anniversary

METRO Cash & Carry marks first anniversary

METRO Cash & Carry Pakistan celebrated its first anniversary of its Airport wholesale on its premises in Lahore on Wednesday. A "Trade Mela 2010" ceremony was arranged on this occasion which was attended by 300 guests largely traders. The objective was to
Published 28 Jan, 2010 12:00am
US to help Pakistan in socio-economic uplift: CG

US to help Pakistan in socio-economic uplift: CG

United States would cooperate with Pakistan in enhancing agriculture productivity by extending latest technology, said Breint Hunt, US consulate general in Lahore. "US will help Pakistan in socio-economic uplift" said Hunt while addressing to the concludi
Published 28 Jan, 2010 12:00am
Delay in promotions may lead to protest: FBR officers

Delay in promotions may lead to protest: FBR officers

Over 900 auditors and senior auditors of the Federal Board of Revenue (FBR) have expressed serious concern over the prolonged delay in promotions, which may lead to country-wide protest at all Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs).
Published 28 Jan, 2010 12:00am
Petition challenging transfer of employees dismissed

Petition challenging transfer of employees dismissed

The Lahore High Court (LHC) here on Wednesday dismissed a petition of income tax and custom department's employees challenging their transfer to Inland Revenue Services (IRS) department after Commissioner IRS informed the court that the section was establ
Published 28 Jan, 2010 12:00am
Call for chalking out water management strategy

Call for chalking out water management strategy

Pakistan Muslim League-Q, leader Chaudhry Moonis Elahi has said the country is going through the worst dry spell in ages with a severe agricultural drought but the rulers are not bothered at all. He was talking to a group of agriculturists from Central Pu
Published 28 Jan, 2010 12:00am
SDPI, HBS ink co-operation deal on climate change

SDPI, HBS ink co-operation deal on climate change

Sustainable Development Policy Institute (SDPI) and Heinrich Boll Stiftung (HBS) Pakistan inked a co-operation agreement on "Climate change in Pakistan, Institutional Arrangements and Alternative sources of Energy." Dr Abid Qaiyum Suleri, Executive Direct
Published 28 Jan, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (January 27, 2010).

Published 28 Jan, 2010 12:00am
Government urged to respect court decisions

Government urged to respect court decisions

Pakistan Muslim League-Q has advised the PPP led coalition government to respect the decisions of court and abstain from adopting the policy of confrontation with the institutions. Secretary Information of PML-Q Kamil Ali Agha said that the party would co
Published 28 Jan, 2010 12:00am
NSNs, LG Electronics achieve LTE downlink data transfer rate of 100Mbps

NSNs, LG Electronics achieve LTE downlink data transfer rate of 100Mbps

Nokia Siemens Networks (NSNs) and LG Electronics have achieved an LTE downlink data transfer rate of 100Mbps, the maximum speed for a Class 3 LTE terminal. In LTE, user equipment is categorised into classes based on its potential uplink and downlink data
Published 28 Jan, 2010 12:00am
Five to 10 percent low output in various Rabi crops likely

Five to 10 percent low output in various Rabi crops likely

The current dry spell will result in 5 to 10 percent decrease in the production of different Rabi crops, sources in the Ministry of Food and Agriculture said. They opined that this year Pakistan was facing severe dry spell, which will be negatively impact
Published 28 Jan, 2010 12:00am
Passport forgers fool the world

Passport forgers fool the world

If al Qaeda chief Osama bin Laden or his deputy, Ayman al-Zawahiri, want to shop for a US passport, Pakistan is the place to go.Still unable to decode the latest e-passports, Pakistan's underworld mafia can nevertheless arrange an older US travel document
Published 28 Jan, 2010 12:00am
Quetta Police's protest: burning tyres raise air pollution

Quetta Police's protest: burning tyres raise air pollution

Quetta Police and Balochistan Constabulary on Monday staged protest demonstrations by torching hundreds of tyres at various roundabouts and bazaars of the provincial capital to press their demand for enhancement in salary at per with police of other three
Published 28 Jan, 2010 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 28 Jan, 2010 12:00am
Prosecution wrapping up its case at Aafia's trial

Prosecution wrapping up its case at Aafia's trial

The trial of Aafia Siddiqui, the Pakistani neuroscientist who is charged with attempted murder, entered into new phase as the prosecution prepared to rest its case after its last witness completed his testimony on Tuesday. After a closing statement by the
Published 28 Jan, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Jan, 2010 12:00am
Japanese calendar exhibition

Japanese calendar exhibition

A Japanese calendar exhibition will commence here from January 28. An announcement on Wednesday said the venue of the event would be the Japan Cultural Centre. It said Sindh Minister for Tourism Shazia Marri would be the chief guest at the inaugural cerem
Published 28 Jan, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 28 Jan, 2010 12:00am
Second polio case of 2010 confirmed in Quetta

Second polio case of 2010 confirmed in Quetta

National Expanded Programme on Immunisation (EPI) officials have confirmed presence of another polio case, from Quetta, bringing the national total to two in the first month of 2010. EPI sources told newsmen on Wednesday that National Institute of Health
Published 28 Jan, 2010 12:00am
Two killed as roof of cement factory collapses

Two killed as roof of cement factory collapses

At least two workers were killed and another injured as an under construction roof of private cement factory collapsed here on Wednesday morning. According to area police and hospital sources, workers of a private construction company were busy in the shu
Published 28 Jan, 2010 12:00am
Senate body for converting NVM into dynamic programme

Senate body for converting NVM into dynamic programme

Senate Standing Committee on Sports and Youth Affairs in its meeting at the Parliament House directed the Ministry of Youth Affairs to take urgent steps to salvage National Volunteer Movement (NVM) programme. Taking serious exception to poor performance o
Published 28 Jan, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Jan, 2010 12:00am
'NRO no more an issue after Prime Minister's statement'

'NRO no more an issue after Prime Minister's statement'

Federal Minister for Communication Dr Arbab Alamgir has said that NRO is no more an issue following the Prime Minister's assertion that the Supreme Court's verdict would be implemented. Talking to a private news channel, he said that on the instruction of
Published 28 Jan, 2010 12:00am
Malik and Kaira call on Prime Minister

Malik and Kaira call on Prime Minister

Minister for Interior, Rehman Malik and Minister for Information and Broadcasting, Qamar Zaman Kaira called on Prime Minister Yusuf Raza Gilani here at the PM House on Wednesday. They briefed the Prime Minister on the security situation of the country.
Published 28 Jan, 2010 12:00am
Chairman FPSC calls on Prime Minister

Chairman FPSC calls on Prime Minister

Chairman Federal Public Service Commission (FPSC), Former Justice Bhagwan Das called on Prime Minister, Syed Yousuf Raza Gilani here at PM Secretariat on Wednesday. Highlighting the important role played by the FPSC, the Prime Minister said that selection
Published 28 Jan, 2010 12:00am
Ministry confiscates cash guarantees of nine HGOs

Ministry confiscates cash guarantees of nine HGOs

The Ministry of Religious Affairs has confiscated guarantees of nine Hajj Group Organizers (HGOs) who showed negligence in providing facilities to pilgrims and violated their agreements during Hajj-2009. "Cash guarantees of nine companies have so far been
Published 28 Jan, 2010 12:00am
IGP urges youth to play role for peace, socio-economic stability

IGP urges youth to play role for peace, socio-economic stability

Islamabad Police have formed a multi-pronged strategy to counter terrorism and protection of life and property of people living in the capital city, said Kaleem Imam, Inspector General of Police (IGP) Islamabad here on Wednesday.
Published 28 Jan, 2010 12:00am
'Essential commodities' prices register manifold increase'

'Essential commodities' prices register manifold increase'

A survey conducted by the Business Recorder here on Wednesday revealed that prices of sugar, pulses, cooking oil, chicken, red chilly, eggs, vegetables, onion, garlic and other kitchen items have increased manifold within the last two weeks.
Published 28 Jan, 2010 12:00am
PSM corruption case: accused remanded to FIA custody till February 6

PSM corruption case: accused remanded to FIA custody till February 6

Four accused in alleged corruption in Pakistan Steel Mills (PSM) were remanded to the custody of FIA investigators till February 6 here on Wednesday by Judicial Magistrate, South Ghulam Farooq Shaikh. Earlier, accused Brigadier Abdul Qayyum (Retd), Atique
Published 28 Jan, 2010 12:00am
'Court to treat all petitioners on an equal footing'

'Court to treat all petitioners on an equal footing'

The court will treat all petitioners on equal footing, irrespective of the nature of the cases, observed a Supreme Court bench headed by Justice Javed Iqbal while hearing a petition regarding eligibility of Punjab Chief Minister Shahbaz Sharif to hold the
Published 28 Jan, 2010 12:00am
Strategy against insurgency achieving objectives: Owais

Strategy against insurgency achieving objectives: Owais

NWFP Governor Owais Ahmed Ghani said on Wednesday that the government was moving forward according to a planned strategy against insurgency in Fata and had been achieving the objectives with total success. "We are moving forward successfully in Fata under
Published 28 Jan, 2010 12:00am
Pioneer Cement, NBP agree loan restructuring

Pioneer Cement, NBP agree loan restructuring

The board of directors of Pioneer Cement Ltd has approved an increase in the number of company's ordinary shares to be issued to National Bank of Pakistan (NBP) under a loan restructuring package. According to a communiqué sent to KSE here on Wednesday, t
Published 28 Jan, 2010 12:00am
Karachi University appoints retired employees on key posts

Karachi University appoints retired employees on key posts

An investigation into the affairs of Karachi University's public relation department revealed that the varsity had appointed retired employees on key posts without any job specification. The varsity administration neither extended the service of working e
Published 28 Jan, 2010 12:00am
Reopening of M A Jinnah Road: old city markets resume trade

Reopening of M A Jinnah Road: old city markets resume trade

Markets of the old city area have fully resumed trade and commercial activities with the reopening of M A Jinnah Road for all kind of vehicular traffic from Denso Hall to Merewether Tower. The road had been closed over the last three weeks because the ter
Published 28 Jan, 2010 12:00am
Clarification

Clarification

Apropos a news item carried by Business Recorder on January 25th, the Duty Free Shops Limited has clarified that the said post clearance audit conducted by the PCA team at Karachi was of Eastern Duty Free Shops whereas Duty Free Shops Limited is a
Published 28 Jan, 2010 12:00am
Harvey organises seminar on Canadian immigration

Harvey organises seminar on Canadian immigration

Harvey Simard Law Corporation is a leading Canadian law firm specialising in business and immigration law. Based in Montreal, Canada, Harvey Simard has its operations and liaison offices in Hong Kong, London, China, Vietnam, Bulgaria, UAE, India and Iran.
Published 28 Jan, 2010 12:00am
Dock workers stage protest demonstration near Sindh Assembly

Dock workers stage protest demonstration near Sindh Assembly

Karachi Port Workers Federation Pakistan (KPWFP) staged a protest demonstration in favour of their demands outside Sindh Assembly here on Wednesday. A large number of workers participated in the protest demo, led by Chairman Karachi Port Workers Federatio
Published 28 Jan, 2010 12:00am
Elected MPs have obligation to serve people: Prime Minister

Elected MPs have obligation to serve people: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Wednesday said that the elected members of Parliament have an obligation to serve the people and solve their problems. He was talking to a number of delegations of Parliamentarians who called on him here at his Pa
Published 28 Jan, 2010 12:00am
German company to execute 50 megawatts solar energy project

German company to execute 50 megawatts solar energy project

AZUR Energy Group of Germany would set up a 50 Mega Watt Solar project in Pakistan and a feasibility report in this regard has already been formulated. This was told by a German Energy Group delegation during the visit of Board of Investment (BoI) here on
Published 28 Jan, 2010 12:00am
Sindh Assembly session adjourned after condolences

Sindh Assembly session adjourned after condolences

The Sindh Assembly session on Wednesday was adjourned till Thursday morning due to the death of an MPA Co-operation Minister Abdul Jalil Memon. The assembly also paid tribute to Abdul Jalil Memon, victims of Ashura blast, death of MQM workers and other vi
Published 28 Jan, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (January 27, 2010).

Published 28 Jan, 2010 12:00am
Pakistan's tea import falls in 2009 as Afghan tea import rises

Pakistan's tea import falls in 2009 as Afghan tea import rises

Pakistan's tea import from Kenya has fallen by 26.094 percent to $149.710 million during January December 2009 over last year due to heavy smuggling of tea under ATT facility. Former chairman Pakistan Tea Association Mohammad Hanif Janoo said here on Wedn
Published 28 Jan, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (January 27, 2010).

Published 28 Jan, 2010 12:00am
Corruption major hurdle to national development

Corruption major hurdle to national development

Punjab Chief Minister Muhammad Shahbaz Sharif has said that corruption is the most serious problem of the country, which has adversely affected the process of national development. He expressed these views while presiding over a meeting held to review the
Published 28 Jan, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (January 27, 2010).

Published 28 Jan, 2010 12:00am
Punjab cabinet approves local governments bill

Punjab cabinet approves local governments bill

The Punjab cabinet on Wednesday gave approval to the proposed bill of local governments and in case of its approval from Provincial Assembly, local bodies election would be held within 180 days, and during this period non-political administrators would op
Published 28 Jan, 2010 12:00am
Punjab focuses on social sector development: Khosa

Punjab focuses on social sector development: Khosa

Senior Advisor to Chief Minister, Sardar Zulfiqar Ali Khan Khosa has said that the Punjab government is taking measures for the development in education, health and agriculture sectors besides improving the law and order situation. He was talking to the p
Published 28 Jan, 2010 12:00am
MPs call on Shahbaz

MPs call on Shahbaz

Members of Punjab Assembly called on Punjab Chief Minister, Shahbaz Sharif, on Wednesday at Chief Minister's Secretariat and apprised him of the progress of ongoing development schemes of their respective areas. The chief minister said that the present go
Published 28 Jan, 2010 12:00am
Bomb kills three children in Upper Dir

Bomb kills three children in Upper Dir

A bomb planted near a house in Upper Dir on Wednesday after children playing nearby tried to open it, killing three of them, said police. The blast partly destroyed the house in Nanger Khani village in Upper Dir, said police official Gul Zameen Khan. Poli
Published 28 Jan, 2010 12:00am
Bomb kills three children in Upper Dir

Bomb kills three children in Upper Dir

A bomb planted near a house in Upper Dir on Wednesday after children playing nearby tried to open it, killing three of them, said police. The blast partly destroyed the house in Nanger Khani village in Upper Dir, said police official Gul Zameen Khan. Poli
Published 28 Jan, 2010 12:00am
Two German diplomats detained in Iran

Two German diplomats detained in Iran

Two German diplomats have been detained in connection with deadly protests in December, Iran's state radio quoted an unnamed Iranian deputy intelligence minister as saying Wednesday. The report also quoted the intelligence official as saying the Germans h
Published 28 Jan, 2010 12:00am
Two German diplomats detained in Iran

Two German diplomats detained in Iran

Two German diplomats have been detained in connection with deadly protests in December, Iran's state radio quoted an unnamed Iranian deputy intelligence minister as saying Wednesday. The report also quoted the intelligence official as saying the Germans h
Published 28 Jan, 2010 12:00am
Israeli chief justice hit by shoe thrown in court

Israeli chief justice hit by shoe thrown in court

Israel's chief justice was struck in the face on Wednesday by a shoe thrown by a spectator in court, witnesses to the attack said. "In the middle of the proceedings, we saw a shoe fly from the public gallery. It hit the judge, Dorit Beinisch, smack betwee
Published 28 Jan, 2010 12:00am
Israeli chief justice hit by shoe thrown in court

Israeli chief justice hit by shoe thrown in court

Israel's chief justice was struck in the face on Wednesday by a shoe thrown by a spectator in court, witnesses to the attack said. "In the middle of the proceedings, we saw a shoe fly from the public gallery. It hit the judge, Dorit Beinisch, smack betwee
Published 28 Jan, 2010 12:00am
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