AGL 40.00 Decreased By ▼ -0.03 (-0.07%)
AIRLINK 128.25 Increased By ▲ 0.55 (0.43%)
BOP 6.75 Increased By ▲ 0.14 (2.12%)
CNERGY 4.54 Decreased By ▼ -0.06 (-1.3%)
DCL 9.23 Increased By ▲ 0.44 (5.01%)
DFML 41.58 No Change ▼ 0.00 (0%)
DGKC 87.05 Increased By ▲ 1.26 (1.47%)
FCCL 32.58 Increased By ▲ 0.09 (0.28%)
FFBL 64.59 Increased By ▲ 0.56 (0.87%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 111.52 Increased By ▲ 0.75 (0.68%)
HUMNL 14.97 Decreased By ▼ -0.10 (-0.66%)
KEL 5.03 Increased By ▲ 0.15 (3.07%)
KOSM 7.33 Decreased By ▼ -0.12 (-1.61%)
MLCF 40.90 Increased By ▲ 0.38 (0.94%)
NBP 61.50 Increased By ▲ 0.45 (0.74%)
OGDC 195.60 Increased By ▲ 0.73 (0.37%)
PAEL 27.51 No Change ▼ 0.00 (0%)
PIBTL 7.70 Decreased By ▼ -0.11 (-1.41%)
PPL 152.80 Increased By ▲ 0.27 (0.18%)
PRL 26.83 Increased By ▲ 0.25 (0.94%)
PTC 16.20 Decreased By ▼ -0.06 (-0.37%)
SEARL 83.50 Decreased By ▼ -0.64 (-0.76%)
TELE 7.85 Decreased By ▼ -0.11 (-1.38%)
TOMCL 36.40 Decreased By ▼ -0.20 (-0.55%)
TPLP 8.96 Increased By ▲ 0.30 (3.46%)
TREET 17.00 Decreased By ▼ -0.66 (-3.74%)
TRG 58.50 Decreased By ▼ -0.12 (-0.2%)
UNITY 27.30 Increased By ▲ 0.44 (1.64%)
WTL 1.33 Decreased By ▼ -0.05 (-3.62%)
BR100 10,000 No Change 0 (0%)
BR30 31,002 No Change 0 (0%)
KSE100 94,960 Increased By 768 (0.82%)
KSE30 29,500 Increased By 298.4 (1.02%)
Print - 2010-01-29
Reforms in local government system inevitable: minister

Reforms in local government system inevitable: minister

Sindh Tourism Minister Shazia Maree, while advocating the need to reform the local government system, argued that the mindset that ran the system is not people-friendly. "The system of local government is not acceptable for people in Sindh because the min
Published 29 Jan, 2010 12:00am
Profit after tax of FFC increased to Rs 8.823 billion

Profit after tax of FFC increased to Rs 8.823 billion

The profit after tax of Fauji Fertiliser Company (FFC) has increased to Rs 8.823 billion in the year ended December 31, 2009 as compared to Rs 6.525 billion earned in the corresponding period in 2008. The earning per share of the company increased to Rs 1
Published 29 Jan, 2010 12:00am
Profit after tax of FFC increased to Rs 8.823 billion

Profit after tax of FFC increased to Rs 8.823 billion

The profit after tax of Fauji Fertiliser Company (FFC) has increased to Rs 8.823 billion in the year ended December 31, 2009 as compared to Rs 6.525 billion earned in the corresponding period in 2008. The earning per share of the company increased to Rs 1
Published 29 Jan, 2010 12:00am
$20 billion Pak-Turkey railroad project under way

$20 billion Pak-Turkey railroad project under way

A $20 billion project is under way for direct railroad link between Pakistan and Turkey which will improve transit time of goods between the two countries from 14 to 10 days. The commercial cargo service needs fast tracks to minimise the transit time.
Published 29 Jan, 2010 12:00am
CDNS visits KSE

CDNS visits KSE

A meeting was arranged by Karachi Stock Exchange on January 28, 2010 to promote the awareness of first ever government debt instrument listed at the Stock Exchange. Director General of Central Directorate of National Savings (CDNS) Zafar Sheikh, visited t
Published 29 Jan, 2010 12:00am
Samsung starts production of 3D LED, LCD TVs

Samsung starts production of 3D LED, LCD TVs

Samsung Electronics Co, has commenced production of 3D LED and LCD TVs making it the first company to venture in the field of 3D technology. The company began producing LED and LCD compatible panels for 40-inch, 46-inch and 55-inch full-HD 3D TVs using '3
Published 29 Jan, 2010 12:00am
Superintendent jail, EC issued notices

Superintendent jail, EC issued notices

The Lahore High Court (LHC) here on Thursday issued notices to superintendent camp jail and provincial election commission in a petition of Ijaz Momim Jee presently jailed in a fraud case. Petitioner through his counsel said that he wanted to contest elec
Published 29 Jan, 2010 12:00am
Fatima Fertiliser offering 50 million shares

Fatima Fertiliser offering 50 million shares

The Fatima Fertiliser Company Limited (FFCL) is offering 50 million shares to the general public at a price of Rs 13.50 per share, 4.26 percent discount to the Strike Price of Rs 14.10 per share, determined through book building. The subscription list wil
Published 29 Jan, 2010 12:00am
Fatima Fertiliser offering 50 million shares

Fatima Fertiliser offering 50 million shares

The Fatima Fertiliser Company Limited (FFCL) is offering 50 million shares to the general public at a price of Rs 13.50 per share, 4.26 percent discount to the Strike Price of Rs 14.10 per share, determined through book building. The subscription list wil
Published 29 Jan, 2010 12:00am
'795 villages to be electrified in second phase'

'795 villages to be electrified in second phase'

Sindh government will energise 795 villages involving a cost of Rs 10,000 million under Village Electrification Programme in Sindh while phase II to provide electrification facilities throughout Sindh province under Chief Minister's directives through ele
Published 29 Jan, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (January 28, 2010).

Published 29 Jan, 2010 12:00am
Attack on Nato convoy injures three

Attack on Nato convoy injures three

Suspected militants on Thursday attacked a Nato convoy of three tractor-trailers loaded with trucks, leaving three people injured in Karachi, police said. The ambush took place before dawn on a main road in Karachi's SITE industrial neighbourhood shortly
Published 29 Jan, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (January 28, 2010).

Published 29 Jan, 2010 12:00am
Hashmi for accountability of Zardari, Gilani and Shahbaz

Hashmi for accountability of Zardari, Gilani and Shahbaz

Leader of Pakistan Muslim League (N) Makhdoom Javed Hashmi has said corruption has increased to an alarming extent in all institutions and there should be accountability of Asif Ali Zardari, Yousaf Raza Gilani and Shahbaz Sharif. He was speaking at a Labo
Published 29 Jan, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (January 28, 2010).

Published 29 Jan, 2010 12:00am
Prime Minister criticised for 'misinterpreting' Supreme Court verdict

Prime Minister criticised for 'misinterpreting' Supreme Court verdict

Pakistan Muslim League Nawaz (PML-N) central spokesman Ahsan Iqbal has criticised Prime Minister Gilani for 'misinterpreting' the Supreme Court verdict on NRO and has called his stance on reopening of the Swiss cases against President Zardari, a lame excu
Published 29 Jan, 2010 12:00am
Indian HC meets Nawaz

Indian HC meets Nawaz

Indian High Commissioner to Pakistan Sharat Sabharwal called on former Prime Minister and PML-N Quaid Muhammad Nawaz Sharif at his Raiwind residence on Thursday. During the meeting various matters of mutual interest came under discussion. Both also exchan
Published 29 Jan, 2010 12:00am
Ambassador of Indonesia visits UAF

Ambassador of Indonesia visits UAF

Indonesia and Pakistan need to build a meaningful relations to exchange academia and research experiences besides people to people contacts as there is tremendous potential of co-operation between the brotherly countries in the field of science and techno
Published 29 Jan, 2010 12:00am
2009 termed successful year in offensive against Taliban network

2009 termed successful year in offensive against Taliban network

Terming 2009 a "successful year" in its offensive against the Taliban network in Pakistan, Islamabad Ambassador to Beijing Masood Khan opined that beefing up the military presence is just part of a "two-track" means to eradicate terrorism in central Asia.
Published 29 Jan, 2010 12:00am
Kundi hails Islamabad traffic police performance

Kundi hails Islamabad traffic police performance

Faisal Karim Kundi, Deputy Speaker, National Assembly has said Islamabad played a great role in brining down the incidents of terrorism and its traffic police has brought complete discipline in traffic of the capital.
Published 29 Jan, 2010 12:00am
President and Prime Minister condemn Jafferabad blast

President and Prime Minister condemn Jafferabad blast

President Asif Ali Zardari and Prime Minister Yousuf Raza Gilani on Thursday strongly condemned the bomb blast in a hotel in Jafferabad Town, Sohbatpur killing innocent people. They expressed condolence over the loss of lives and said the government was c
Published 29 Jan, 2010 12:00am
15 percent VAT on Defence stores proposed

15 percent VAT on Defence stores proposed

The new Federal Value Added Tax (VAT) Act 2010 has proposed 15 percent VAT on the import and local supply for Defence stores including supply of defence-related equipment to armed forces from July 1, 2010. Talking to a select group of journalists at the P
Published 29 Jan, 2010 12:00am
Minfa, stakeholders agree to sign MoU with US Company

Minfa, stakeholders agree to sign MoU with US Company

The Ministry of Food and Agriculture (Minfa) and other stakeholders ie ministries of Textile, Finance and Environment, growers' association of Pakistan, seed companies, and provincial governments of Sindh, Punjab and Balochistan have reached at a consensu
Published 29 Jan, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (January 28, 2010).

Published 29 Jan, 2010 12:00am
KESC's power generating capacity up on President's visit

KESC's power generating capacity up on President's visit

Eyebrows were raised when the Karachi Electric Supply Company (KESC) increased its electricity generating capacity by around 200 megawatts on Thursday, against its routine power generation due to, what sources claim, the presence of President Asif Ali Zar
Published 29 Jan, 2010 12:00am
'Badal do Qismat' campaign: Ufone, Pepsi announce winner

'Badal do Qismat' campaign: Ufone, Pepsi announce winner

Ufone and Pepsi concluded the joint campaign 'Badal do Qismat' and announced the winner of the grand prize. Usman Pathan, resident of Sukkur was declared winner of the grand prize 'Mazda RX8' at an event held at Pepsi head office and the key was handed ov
Published 29 Jan, 2010 12:00am
Petitions against KESC, Nepra: SHC puts AGP on notice for February 8

Petitions against KESC, Nepra: SHC puts AGP on notice for February 8

Attorney General Pakistan (AGP) was put on notice for February 8 by a division bench of High Court of Sindh (SHC) here on Thursday while hearing four constitution petitions filed against KESC and Nepra regarding power tariff, privatisation of KESC and inf
Published 29 Jan, 2010 12:00am
India and Pakistan cannot afford war: Prime Minister

India and Pakistan cannot afford war: Prime Minister

India and Pakistan should resume their dialogue as neither can afford a war, Prime Minister Yousef Raza Gilani said Thursday in an interview to an Indian television channel. Referring to the Mumbai terrorist attack of November 2008, Gilani said: "If we ar
Published 29 Jan, 2010 12:00am
Workshop reviews gender dimensions of Microfinance

Workshop reviews gender dimensions of Microfinance

The second Gender and Microfinance Workshop, with the theme, 'Current Trends, Issues and Concerns in the Sector' ended on January 24, 2010 at Lahore. The workshop was organised by the Pakistan Microfinance Network (PMN) as a follow up to the first worksho
Published 29 Jan, 2010 12:00am
Ministry to auction toll plazas on motorways

Ministry to auction toll plazas on motorways

To enhance revenue, Communication Ministry has decided to auction all toll plazas on the motorways through open bidding on February 2. Presently 575km motorways having 30 interchanges are generating revenue of Rs 11.1 million per kilometre whereas, it inc
Published 29 Jan, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (January 28, 2010).

Published 29 Jan, 2010 12:00am
276 cops complete special counter terrorism training by army

276 cops complete special counter terrorism training by army

Police force should rightly be proud of the training standard, which it has received from Army and successfully used in breaking the back of terrorists in Swat and South Waziristan, said Lieutenant General Nadeem Ahmed, Corps Commander, Strike Corps Mangl
Published 29 Jan, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (January 28, 2010).
Published 29 Jan, 2010 12:00am
Iran hangs two in wake of election unrest

Iran hangs two in wake of election unrest

Iran hanged two men convicted in the wake of the unrest that erupted after last year's disputed election, as a top opposition figure predicted President Mahmoud Ahmadinejad would be ousted before the end of his term. The two men executed at dawn on Thursd
Published 29 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 28, 2010).

Published 29 Jan, 2010 12:00am
Iran hangs two in wake of election unrest

Iran hangs two in wake of election unrest

Iran hanged two men convicted in the wake of the unrest that erupted after last year's disputed election, as a top opposition figure predicted President Mahmoud Ahmadinejad would be ousted before the end of his term. The two men executed at dawn on Thursd
Published 29 Jan, 2010 12:00am
Etisalat defers planned 1.8 billion dirham bond

Etisalat defers planned 1.8 billion dirham bond

Emirates Telecommunications Corp (Etisalat) will postpone a planned 1.8 billion dirham bond issue because it has sufficient cash to fund expansion, its chairman said. "Maybe we will issue the bond at a later stage, but we still haven''''''''t decided when
Published 29 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 28, 2010).

Published 29 Jan, 2010 12:00am
Etisalat defers planned 1.8 billion dirham bond

Etisalat defers planned 1.8 billion dirham bond

Emirates Telecommunications Corp (Etisalat) will postpone a planned 1.8 billion dirham bond issue because it has sufficient cash to fund expansion, its chairman said. "Maybe we will issue the bond at a later stage, but we still haven''''t decided when," M
Published 29 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 28, 2010).

Published 29 Jan, 2010 12:00am
Etisalat defers planned 1.8 billion dirham bond

Etisalat defers planned 1.8 billion dirham bond

Emirates Telecommunications Corp (Etisalat) will postpone a planned 1.8 billion dirham bond issue because it has sufficient cash to fund expansion, its chairman said. "Maybe we will issue the bond at a later stage, but we still haven''t decided when," Moh
Published 29 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 28, 2010).

Published 29 Jan, 2010 12:00am
Etisalat defers planned 1.8 billion dirham bond

Etisalat defers planned 1.8 billion dirham bond

Emirates Telecommunications Corp (Etisalat) will postpone a planned 1.8 billion dirham bond issue because it has sufficient cash to fund expansion, its chairman said. "Maybe we will issue the bond at a later stage, but we still haven't decided when," Moha
Published 29 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 29 Jan, 2010 12:00am
Etisalat defers planned 1.8 billion dirham bond

Etisalat defers planned 1.8 billion dirham bond

Emirates Telecommunications Corp (Etisalat) will postpone a planned 1.8 billion dirham bond issue because it has sufficient cash to fund expansion, its chairman said. "Maybe we will issue the bond at a later stage, but we still haven't decided when," Moha
Published 29 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 29 Jan, 2010 12:00am
Four killed in Balochistan blast

Four killed in Balochistan blast

A bomb rigged to a cycle detonated in Balochistan on Thursday, killing at least four people, police said. Sixteen people were wounded in the blast. "It's simply terrorism as the public was the target," local police chief Fareed Ali Shah said. Shah himself
Published 29 Jan, 2010 12:00am
Four killed in Balochistan blast

Four killed in Balochistan blast

A bomb rigged to a cycle detonated in Balochistan on Thursday, killing at least four people, police said. Sixteen people were wounded in the blast. "It's simply terrorism as the public was the target," local police chief Fareed Ali Shah said. Shah himself
Published 29 Jan, 2010 12:00am
New York cotton

New York cotton

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

Published 29 Jan, 2010 12:00am
Two bills tabled in Punjab Assembly

Two bills tabled in Punjab Assembly

Provincial Law Minister Rana Sanaullah Khan tabled two bills, 'Punjab Local Government (Amendment) Bill 2010 and 'The Punjab Educational and Vocational Training Authority Bill' which were forwarded to the concerned standing committee by Speaker Rana Muham
Published 29 Jan, 2010 12:00am
New York cotton

New York cotton

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

Published 29 Jan, 2010 12:00am
German grant, soft loan will not be utilised for micro finance by PPAF

German grant, soft loan will not be utilised for micro finance by PPAF

German grant and soft loan worth 31.56 million euros will not be utilised for micro finance by the Pakistan Poverty Alleviation Fund (PPAF) under the "Livelihood Support and Promotion of Small Community Infrastructures" project, Business Recorder h
Published 29 Jan, 2010 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 103,315 tonnes of cargo including 60,142 tonnes of import cargo; 43,173 tonnes of export cargo and 5,993 loaded and empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 60,142 tonnes com
Published 29 Jan, 2010 12:00am
World leaders keep up onslaught on bankers

World leaders keep up onslaught on bankers

South Korea''s President Lee Myung-bak on Thursday joined the political onslaught against bank chiefs saying they should not oppose reforms after the international financial crisis. Lee increased the heat on top bankers, who are campaigning against greate
Published 29 Jan, 2010 12:00am
China's gold output hits record in 2009

China's gold output hits record in 2009

China's gold output jumped 11.34 percent to a record of 313.98 tonnes in 2009, the China Gold Association said on Thursday, securing the country's position as the world's largest producer of the yellow metal. China has dramatically opened bullion markets
Published 29 Jan, 2010 12:00am
World leaders keep up onslaught on bankers

World leaders keep up onslaught on bankers

South Korea's President Lee Myung-bak on Thursday joined the political onslaught against bank chiefs saying they should not oppose reforms after the international financial crisis. Lee increased the heat on top bankers, who are campaigning against greater
Published 29 Jan, 2010 12:00am