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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-02-03
PRCS expedites registration of thalassaemic children

PRCS expedites registration of thalassaemic children

Pakistan Red Crescent Society (PRCS), Punjab branch has intensified its campaign for registration of children suffering from thalessaemia to undertake their free treatment. PRCS Chairman Mian Muhammad Hanif, in a press release here on Tuesday.
Published 03 Feb, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (February 02, 2010).

Published 03 Feb, 2010 12:00am
Business community, political parties criticise government

Business community, political parties criticise government

The business community, political parties, civil society and the common man have strongly condemned the PPP government on once again raising the prices of petroleum products and maintained that its impact would be negative on all sectors.
Published 03 Feb, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (February 02, 2010).

Published 03 Feb, 2010 12:00am
Industrialists slam increase in POL prices

Industrialists slam increase in POL prices

Industrialists have strongly reacted to the increase in oil prices and demanded the government to immediately revert the increase. They fear that prices of all the goods produced locally will surge sharply in the near future. They further said it would pu
Published 03 Feb, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (February 02, 2010) and for Wednesday (February 03, 2010)
Published 03 Feb, 2010 12:00am
Government urged to take measures for checking bonded labour

Government urged to take measures for checking bonded labour

Government should take concrete steps to forestall bonded labour and set up educational institutions for them, speakers at a seminar on Tuesday made the call. The seminar was addressed by Tahir Manzoor, Naeem Butt, Chief Executive, "Sudhar", representativ
Published 03 Feb, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (February 02, 2010).

Published 03 Feb, 2010 12:00am
PTA lambasts hike in POL prices

PTA lambasts hike in POL prices

Acting Chairman, Pakistan Tanners Association (S.Z) Shehzad Riaz in a press statement has expressed dismay over increase in oil prices once again. He said the hike not only contributes to high cost of doing business in the country but frequent increase in
Published 03 Feb, 2010 12:00am
Auction to benefit LPG giants

Auction to benefit LPG giants

The open auction of LPG quota will benefit few big companies, promote cartels and push up prices of liquefied petroleum gas (LPG) in the country. This was stated by the chief executive officer (CEO) of Power Gas, Muhammad Ali Haider here on Tuesday. He sa
Published 03 Feb, 2010 12:00am
PPP legislators express reservations about local bodies issues

PPP legislators express reservations about local bodies issues

Senior Provincial Minister PPP, Raja Riaz Ahmed presided over Parliamentary Party meeting held in Punjab Assembly. Provincial Ministers and MPAs expressed their point of view on local bodies' issue expressed their reservations. They especially spoke on ho
Published 03 Feb, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 02, 2010).

Published 03 Feb, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 02, 2010).

Published 03 Feb, 2010 12:00am
Student's killing in IHK condemned

Student's killing in IHK condemned

In Indian Held Kashmir (IHK), pro-freedom leaders and organisations have strongly condemned the killing of a 7th class student, Wamiq Farooq Wani by a police officer on Sunday evening in occupied Srinagar. The APHC Chairman, Mirwaiz Umar Farooq in a state
Published 03 Feb, 2010 12:00am
Two peace negotiators killed in blast

Two peace negotiators killed in blast

Two members of the Baizai Peace Committee were killed and two injured when the vehicle they were travelling in was targeted by a remote control device in tehsil Baizai in Mohmand agency on Tuesday. The explosive device dumped on the main Baizai road explo
Published 03 Feb, 2010 12:00am
Woman killed in wagon-truck collision

Woman killed in wagon-truck collision

A wagon-truck collision on Tuesday left a woman dead, besides causing injuries to 12 other passengers travelling from Hafizababd to Lahore. According to police, a Lahore bound wagon (LR-7542) rammed into a truck (1037-C) parked alongside the road near Nok
Published 03 Feb, 2010 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

Slight improvement in the supply of dollars strengthened the rupee versus dollar on the local currency market on Tuesday, dealers said. The rupee appreciated by 17 paisa against dollar on the interbank market for buying and selling at 84.90 and 84.95, the
Published 03 Feb, 2010 12:00am
PML-Q MPA contests allegations of LG minister

PML-Q MPA contests allegations of LG minister

PML-Q MPA in Sindh Assembly, Shaheryar Maher has contested the statement of LG (local government) Minister Agha Siraj Durrani that a former federal minister and his brother District Nazim were responsible for deteriorated law and order in District Shakrap
Published 03 Feb, 2010 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

Slight improvement in the supply of dollars strengthened the rupee versus dollar on the local currency market on Tuesday, dealers said. The rupee appreciated by 17 paisa against dollar on the interbank market for buying and selling at 84.90 and 84.95, the
Published 03 Feb, 2010 12:00am
LUMHS to hold seminar on cancer today

LUMHS to hold seminar on cancer today

In connection with the World Cancer Day, Liaquat University of Medical and Health Sciences, Jamshoro, will organise a public health seminar on 'Cancer' on February 3 at Latif Hall of the university. According to announcement here on Tuesday, Vice Chancell
Published 03 Feb, 2010 12:00am
WTO-QCL of UVAS earns PNAC Accreditation

WTO-QCL of UVAS earns PNAC Accreditation

The WTO-Quality Control Laboratory (WTO-QCL) of the University of Veterinary and Animal Sciences, UVAS, Lahore, has earned accreditation from the Pakistan National Accreditation Council (PNAC) on becoming capable of determining origin of livestock commodi
Published 03 Feb, 2010 12:00am
PGMI Institute: 'construction of new building under way'

PGMI Institute: 'construction of new building under way'

Principal Post Graduate Medical Institute (PGMI) Professor Dr Israr Ahmed has said that construction of new building of the institute is underway and it would be completed at a cost of Rs 1083 million within the stipulated period.
Published 03 Feb, 2010 12:00am
Etihad to support global young Muslim leaders summit

Etihad to support global young Muslim leaders summit

Etihad Airways is to partner the UK-based Mosaic International Summit, which draws together young Muslim leaders from across the world in a forum to support them in their careers and communities. The 80 delegates of summit would fly with Etihad from Pakis
Published 03 Feb, 2010 12:00am
NIT Income Fund

NIT Income Fund

National Investment Trust (NIT) will launch a fund in fixed income category namely NIT Income Fund. The public offering of the same is expected shortly. The NIT has arranged a presentation on this Income Fund on February 08, 2010 at KSE Auditorium for all
Published 03 Feb, 2010 12:00am
NIT Income Fund

NIT Income Fund

National Investment Trust (NIT) will launch a fund in fixed income category namely NIT Income Fund. The public offering of the same is expected shortly. The NIT has arranged a presentation on this Income Fund on February 08, 2010 at KSE Auditorium for all
Published 03 Feb, 2010 12:00am
The Weather

The Weather

The weather report on Tuesday (February 02, 2010) and the forecast for Wednesday (February 03, 2010).

Published 03 Feb, 2010 12:00am
'Collection at toll plazas on all Motorways to be computerised'

'Collection at toll plazas on all Motorways to be computerised'

Tax collection on all toll plazas of Motorway will be computerised to ensure transparency and increasing revenue generation to achieve the target of Rs 6 billion within the next five years. This was decided here on Tuesday at a meeting of the Communicatio
Published 03 Feb, 2010 12:00am
Business leaders protest against POL prices hike

Business leaders protest against POL prices hike

Business leaders have strongly protested against the increase in the prices of petroleum products made effective from February ruary 1, by the Oil & Gas Regulatory Authority (Ogra). Sultan Ahmed Chawla, President of Federation of Pakistan Chambers of Comm
Published 03 Feb, 2010 12:00am
SBP constitutes body to resolve textile issues

SBP constitutes body to resolve textile issues

Governor State Bank of Pakistan (SBP) has constituted a committee to resolve issues pertaining to textile industry, especially, for implementation of SROs of Textile Policy 2009-14. This was stated by Dr Mirza Ikhtiar Baig, Federal Advisor on Textile, who
Published 03 Feb, 2010 12:00am
Wateen brings more thrills on WOG

Wateen brings more thrills on WOG

Wateen brings more thrills on the Wateen Online Gaming (WOG) portal by introducing 6 new exciting multiplayer online games in partnership with Arvato Middle East, under their brand name Getmo. To electrify online gaming adventures Dark Orbit; Sea Fight; X
Published 03 Feb, 2010 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 03 Feb, 2010 12:00am
Samsung appoints Teletec as official distributor

Samsung appoints Teletec as official distributor

Samsung Electronics Co Ltd, is the leading name in mobile phones and electronic goods, around the world. Recently, its subsidiary, Samsung Mobiles Pakistan, which provides an extensive range of the innovative Samsung cellular devices across Pakistan, has
Published 03 Feb, 2010 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 03 Feb, 2010 12:00am
FFCL IPO oversubscribed

FFCL IPO oversubscribed

The general public issue of Fatima Fertiliser Company Limited (FFCL) has been oversubscribed by 1.08 times. According to the preliminary data, the registrar has received 2,682 applications of 500 shares, amounting to Rs 18,103,500, information sent to Kar
Published 03 Feb, 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 03 Feb, 2010 12:00am
FFCL IPO oversubscribed

FFCL IPO oversubscribed

The general public issue of Fatima Fertiliser Company Limited (FFCL) has been oversubscribed by 1.08 times. According to the preliminary data, the registrar has received 2,682 applications of 500 shares, amounting to Rs 18,103,500, information sent to Kar
Published 03 Feb, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (February 02, 2010).

Published 03 Feb, 2010 12:00am
Pesco detects 80 cases of power theft in Lala

Pesco detects 80 cases of power theft in Lala

Peshawar Electricity Supply Company (Pesco) detected 80 power theft cases in the Sub-Division of Lala and removed direct hooks. FIR was lodged in the local Police Station against the electricity stealers.
Published 03 Feb, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (February 02, 2010).

Published 03 Feb, 2010 12:00am
Presentation

Presentation

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

Published 03 Feb, 2010 12:00am
PACRA assigns entity ratings to Fatima Fertiliser

PACRA assigns entity ratings to Fatima Fertiliser

The Pakistan Credit Rating Agency (PACRA) has assigned a long-term entity rating of' 'A' (Single A) and short-term entity rating of 'A1' (A One) to Fatima Fertiliser Company Limited. These ratings denote low expectation of credit risk emanating from a str
Published 03 Feb, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Feb, 2010 12:00am
PACRA assigns entity ratings to Fatima Fertiliser

PACRA assigns entity ratings to Fatima Fertiliser

The Pakistan Credit Rating Agency (PACRA) has assigned a long-term entity rating of' 'A' (Single A) and short-term entity rating of 'A1' (A One) to Fatima Fertiliser Company Limited. These ratings denote low expectation of credit risk emanating from a str
Published 03 Feb, 2010 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 03 Feb, 2010 12:00am
'Civil cases against President could be initiated'

'Civil cases against President could be initiated'

Former President Supreme Court Bar Association and PPP leader Chaudhry Aitzaz Ahsan has said that the President enjoys constitutional immunity on criminal cases but any person could initiate civil cases against him. While talking to the journalists at Lah
Published 03 Feb, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Feb, 2010 12:00am
Three more persons missing: notices issued to Interior, Home Secretary

Three more persons missing: notices issued to Interior, Home Secretary

The Lahore High Court (LHC) here Tuesday issued notices to Federal Interior Secretary and Home Secretary Punjab in a petition filed against the missing of 3 persons. The petitioner Musharraf Bibi, through her counsel contended that her husband Yaqoob and
Published 03 Feb, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 03 Feb, 2010 12:00am
Government should lift ban on use of commercial explosives: PMOA

Government should lift ban on use of commercial explosives: PMOA

Ban on the use of commercial explosives is hitting textile, dying, processing, coal, salt, crushing stone, fertilisers, cement, glass, beverage, ceramics and soap industries hard. The government should lift ban on the use of commercial explosives otherwis
Published 03 Feb, 2010 12:00am
Oath-taking ceremony

Oath-taking ceremony

The oath-taking ceremony of Punjab University Library & Information Science Alumni Association (PULISAA) held Tuesday at the Punjab University Library's Auditorium. Dr Mumtaz Ali Anwar (HEC Foreign Professor of Library & Information Science) was the chief
Published 03 Feb, 2010 12:00am
Mullen warns Taliban gaining influence

Mullen warns Taliban gaining influence

The top US military officer on Tuesday urged Congress to approve billions of dollars for the war in Afghanistan, warning the Taliban was gaining influence across the country. Admiral Mike Mullen, chairman of the US Joint Chiefs of Staff, told lawmakers th
Published 03 Feb, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 03 Feb, 2010 12:00am
Former PFUJ office-bearer dies

Former PFUJ office-bearer dies

Senior journalist and former Assistant Secretary General of Pakistan Federal Union of Journalists (PFUJ) Majid Foz passed away here on Tuesday. He was 86. His funeral will be taken after Namaz-e-Isha from House No 501, Street No 65, Pakistan Town, Pak PWD
Published 03 Feb, 2010 12:00am
Police officers should behave: Chief Justice

Police officers should behave: Chief Justice

The incidents of high-handedness by police against common citizens are increasing and the Supreme Court could not close its eyes to the same, observed Chief Justice Iftikhar Muhammad Chaudhry on Tuesday. The bench was hearing a review petition filed by tw
Published 03 Feb, 2010 12:00am
'Open auction of LPG quota to promote cartel'

'Open auction of LPG quota to promote cartel'

The open auction of LPG quota will benefit a few big companies, promote cartel and push up prices of liquefied petroleum gas (LPG) in the country. This was stated by the chief executive officer (CEO) of Power Gas, Muhammad Ali Haider here Tuesday.
Published 03 Feb, 2010 12:00am
US donates 40 ambulances to district health departments

US donates 40 ambulances to district health departments

The United States donated 40 ambulances for Dadu, Jafferabad, Vehari and Multan district health departments to help in saving the lives of those in need of urgent medical care, especially pregnant women and new-borns. "Access to medical services in emerge
Published 03 Feb, 2010 12:00am
BISP restricts inflationary pressure on society: Farzana Raja

BISP restricts inflationary pressure on society: Farzana Raja

Chairperson, Benazir Income Support Programme (BISP), Farzana Raja has said that the BISP is restricting the inflationary pressure on the society, as the government could not wait for the trickle down effect to reach the poor in the wake of economic devel
Published 03 Feb, 2010 12:00am
Services of Muslim saints highlighted

Services of Muslim saints highlighted

Punjab University vice-chancellor Professor Dr Mujahid Kamran stated that the great Muslim spiritual leaders had rendered unparalleled services to spread the message of peace, mutual love and brotherhood in Islam which resulted in conversion of millions o
Published 03 Feb, 2010 12:00am
'CVT on transfer of property will increase housing cost'

'CVT on transfer of property will increase housing cost'

Government's decision to impose Capital Value Tax (CVT) on transfer of immovable property would further increase the housing cost and deprive masses to their shelters. Chairman, ABAD, Engr. Farooq-uz-Zaman said this in a letter sent to prime minister the
Published 03 Feb, 2010 12:00am
KESC plans Rs 250 million energy savers project

KESC plans Rs 250 million energy savers project

The Karachi Electric Supply Company (KESC) is planning to distribute over two million energy savers, worth Rs 250 million, among its consumers to conserve over 40 megawatts electricity daily. The two million consumers would be given a bulb of 20 watts eac
Published 03 Feb, 2010 12:00am
NAB references against Malik: AC adjourns hearing

NAB references against Malik: AC adjourns hearing

Accountability Court has adjourned the hearing of the NAB references against Interior Minister Rehman Malik, saying that all the records of the references is in Lahore High Court, so the hearing without record is not possible. Accountability judge Tariq A
Published 03 Feb, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (February 02, 2010).

Published 03 Feb, 2010 12:00am
Agha Azfar Ali becomes chief executive O&M

Agha Azfar Ali becomes chief executive O&M

Persistent, resourceful and innovative, motivated with a high degree of flexibility as well as the ability to build and lead effective teams. This is the introduction of Ogilvy & Mather Pakistan's new CEO, Agha Azfar Ali who has vast experience in adverti
Published 03 Feb, 2010 12:00am
Sheikh Farooq's death condoled

Sheikh Farooq's death condoled

Business leaders and industrialists have condoled the death of Sheikh Farooq Ahmad, a businessman of Multan and member of executive committee of FPCCI and former Chairman FPCCI Standing Committee on Fairs and Exhibition 2007-2008.
Published 03 Feb, 2010 12:00am
LHC seeks report from Lesco, Revenue Department

LHC seeks report from Lesco, Revenue Department

The Lahore High Court (LHC) here Tuesday sought record from the Revenue Department and reply from Lahore Electricity Supply Company (Lesco) in a petition filed by Sharif family seeking removal of the illegal electricity polls being erected on their agricu
Published 03 Feb, 2010 12:00am
'Shah Abdul Latif preserved culture of Sindh in his poetry'

'Shah Abdul Latif preserved culture of Sindh in his poetry'

The Chief Minister Sindh, Syed Qaim Ali Shah, has said that the PPP government would fulfil all commitments made by Benazir Bhutto for the prosperity of the nation. He said this while addressing Award distribution ceremony held on the last day of three-da
Published 03 Feb, 2010 12:00am
Gates fires general, withholds funds over F-35 problems

Gates fires general, withholds funds over F-35 problems

Defence Secretary Robert Gates sacked Monday the general in charge of the F-35 fighter jet program and said he would withhold funds from Lockheed Martin over a series of cost overruns and delays. "The progress and performance of the F-35 over the past two
Published 03 Feb, 2010 12:00am
Gold slides in Asia

Gold slides in Asia

Gold slipped on Tuesday, paring the previous day's sharp gains, with selling partly attributed to firmness in the dollar after Australia's central bank surprised markets by leaving its interest rates unchanged. Bullion had rallied on Monday by more than $
Published 03 Feb, 2010 12:00am
Gates fires general, withholds funds over F-35 problems

Gates fires general, withholds funds over F-35 problems

Defence Secretary Robert Gates sacked Monday the general in charge of the F-35 fighter jet program and said he would withhold funds from Lockheed Martin over a series of cost overruns and delays. "The progress and performance of the F-35 over the past two
Published 03 Feb, 2010 12:00am
US gold rises

US gold rises

US gold futures ended two percent higher on Monday, posting their biggest daily gain in three months, as a combination of oil rally, dollar weakness and strong US data boosted bullion's investment appeal. April settles up $21.20, or 2 percent, at $1,105 a
Published 03 Feb, 2010 12:00am
Oil trims gains after $75 in Asia

Oil trims gains after $75 in Asia

Oil pared gains on Tuesday as the dollar strengthened, with the market's attention turning to forecasts for steady US crude inventories after prices topped $75 earlier on optimism about the economy. The US dollar rose after Australia's central bank surpri
Published 03 Feb, 2010 12:00am
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