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Nov 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-02-04
PCMEA optimistic about increase in carpet exports

PCMEA optimistic about increase in carpet exports

In the backdrop of encouraging results from the world biggest carpet exhibition-Domotex Fair, in Germany, the Pakistan Carpet Manufacturers and Exporters Association (PCMEA) is optimistic about the recovery in the country's carpet exports which were decli
Published 04 Feb, 2010 12:00am
THE RUPEE: parity stays put versus dollar

THE RUPEE: parity stays put versus dollar

Steady trend was seen on the money market on Wednesday as the rupee maintained its levels versus dollar, dealers said. The rupee held the overnight levels in relation to dollar on the interbank market for buying and selling at 84.90 and 84.95, they said.
Published 04 Feb, 2010 12:00am
Maximum facilities being offered to investors: Shahbaz

Maximum facilities being offered to investors: Shahbaz

Punjab Chief Minister, Muhammad Shahbaz Sharif, has said that government has created a conducive atmosphere for investment in the province and maximum facilities are being offered to investors. He said that a vibrant and autonomous investment board has al
Published 04 Feb, 2010 12:00am
THE RUPEE: parity stays put versus dollar

THE RUPEE: parity stays put versus dollar

Steady trend was seen on the money market on Wednesday as the rupee maintained its levels versus dollar, dealers said. The rupee held the overnight levels in relation to dollar on the interbank market for buying and selling at 84.90 and 84.95, they said.
Published 04 Feb, 2010 12:00am
'No holiday today in Services Hospital'

'No holiday today in Services Hospital'

Medical Superintendent Services Hospital Lahore Dr Muhammad Javed announced that there would be no holiday in Services Hospital on Thursday, today. He told that all services, including operations would be provided and outdoor patients would also be attend
Published 04 Feb, 2010 12:00am
'World Cancer Day' today: call for setting up National Cancer Registry

'World Cancer Day' today: call for setting up National Cancer Registry

With a view to raising public awareness about the disease of cancer, 'World Cancer Day' is being observed in Pakistan like other parts of the world on February 4. To mark the day, scientific symposiums, awareness seminar, walks and other functions will be
Published 04 Feb, 2010 12:00am
Fifth grade annual exams: Punjab government makes foolproof arrangements

Fifth grade annual exams: Punjab government makes foolproof arrangements

The Punjab Government has made foolproof arrangements for the holding of class 5th annual examination, being held throughout the province under the aegis of Punjab Examination Commission (PEC). PEC has arranged electronic marking of 5th grade annual exami
Published 04 Feb, 2010 12:00am
Indian water aggression: KBP to protest on February 5

Indian water aggression: KBP to protest on February 5

Kisan Board Pakistan (KBP) has announced to observe a country wide protest on February 5, 2010 (Kashmir Solidarity Day) against what they said Indian water aggression against Pakistan. KBP President Sardar Zafar and other office-bearers undertook emergent
Published 04 Feb, 2010 12:00am
Pakistani businessmen urged to invest in Kazakhstan

Pakistani businessmen urged to invest in Kazakhstan

Kazakhstan has tremendous business opportunities for Pakistani businessmen so they should avail these opportunities. "Kazakhstan has an import-oriented economy with very little industrial base," Pakistan's Ambassador in Kazakhstan Irfan-ur-Rehman Raja sai
Published 04 Feb, 2010 12:00am
'Promotion of mechanised farming top priority'

'Promotion of mechanised farming top priority'

Promotion of mechanised farming is the top priority of the Punjab government as it could ensure economic development of the province and huge funds are being allocated for this purpose. The provincial government last year extended a subsidy of Rs two bill
Published 04 Feb, 2010 12:00am
Tanners team visiting Indonesia

Tanners team visiting Indonesia

A delegation of Pakistan Tanners Association will be visiting Indonesia from February 3-6 to explore business collaboration. The delegation is likely to be led by Gulzar Firoz, Chairman Pakistan Tanners Association and includes prominent exporters of fini
Published 04 Feb, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (February 03, 2010).

Published 04 Feb, 2010 12:00am
India resumes work on Kishanganga hydropower project

India resumes work on Kishanganga hydropower project

India has resumed work on the controversial Kishanganga hydropower project and has taken up four other mega projects of about 3,900MW on Chenab and Jhelum rivers in occupied Kashmir that can result in major water shortages in Pakistan.
Published 04 Feb, 2010 12:00am
SOS Children's Villages seek financial support from philanthropists

SOS Children's Villages seek financial support from philanthropists

The SOS Children's Villages International, Pakistan is in the search of mothers and financial support from the people of this country to ensure provision of better facilities to the orphaned and abandoned children, said Sourya Anwar, President, SOS Childr
Published 04 Feb, 2010 12:00am
Ufone celebrates ninth anniversary

Ufone celebrates ninth anniversary

Ufone one of the leading telecom company's in the country celebrated its 9th anniversary here recently at an impressive cake cutting ceremony. Abdul Aziz President and CEO Ufone, during the address to the Ufone team members said, "It is a common belief th
Published 04 Feb, 2010 12:00am
ZONG launches 'Chine-Ease' one SIM two numbers

ZONG launches 'Chine-Ease' one SIM two numbers

ZONG, the first international brand of China Mobile has introduced 'Chine-Ease' one SIM two numbers, an additional service for ZONG post-paid subscribers. Chine-Ease is a service through which subscribers using international roaming services will be given
Published 04 Feb, 2010 12:00am
Atif becomes Warid's official Brand Ambassador

Atif becomes Warid's official Brand Ambassador

Warid Telecom (Pvt) Ltd Pakistan's most reliable and third largest telecom operator has announced Atif Aslam as their official brand ambassador. Signing ceremony took place at Warid head office here.
Published 04 Feb, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Feb, 2010 12:00am
Uncertainty adversely affecting business activities

Uncertainty adversely affecting business activities

The prevailing uncertain law and order situation has adversely affected businesses and industrial activities in the city on Wednesday. Incidents of target killing has worried the people, including traders, industrialists and the business community and mad
Published 04 Feb, 2010 12:00am
HBFC makes record recovery of Rs 3.527 billion in 2009

HBFC makes record recovery of Rs 3.527 billion in 2009

House Building Finance Corporation Limited (HBFC) recovered Rs 3.527 billion as against a target of Rs 3.317 billion for the year 2009. The Rs 3.527 billion recovery of loans is 9.5 percent and 8.4 percent higher then the recovery made by HBFC in 2008 and
Published 04 Feb, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 04 Feb, 2010 12:00am
Transporters observe strike against hike in POL prices

Transporters observe strike against hike in POL prices

Entra City Urban Transporters observed strike against hike in the petroleum prices, compelling commuters into endless miseries in the provincial metropolis here on Wednesday. People from different walks of life have to wait many hours for Rikshaw and Chin
Published 04 Feb, 2010 12:00am
Senate body on LG supports centuries-old magistracy system

Senate body on LG supports centuries-old magistracy system

In a last-ditch effort to carve the Local Government (LG) system in favour of bureaucracy, Senate Standing Committee on Local Government and Rural Development on Wednesday unanimously recommended restoration of centuries-old magistracy system with some mi
Published 04 Feb, 2010 12:00am
Gondal dispels impression of any food shortage

Gondal dispels impression of any food shortage

Federal Minister for Food and Agriculture Nazar Muhammad Gondal on Wednesday denied any shortage of food specially wheat in the country. Dispelling the impression that Pakistan will face food crisis next year he said that there would be no food security i
Published 04 Feb, 2010 12:00am
PP-111, Gujrat: Election tribunal disqualifies PML-N MPA

PP-111, Gujrat: Election tribunal disqualifies PML-N MPA

Election tribunal headed by a judge of the Lahore High Court here Wednesday declared disqualified to a PML-N MPA Haji Nasir Mehmood from PP-111, Gujrat. The tribunal also directed the election commission of Pakistan to hold re-polling in the constituency.
Published 04 Feb, 2010 12:00am
Imran condemns drone attacks

Imran condemns drone attacks

Pakistan Tehreek-e-Insaf chairman Imran Khan, on Wednesday, condemned the relentless drone attacks in the tribal areas of Pakistan, describing them as a breach of national sovereignty. He said that this tantamount to extra judicial killing and collateral
Published 04 Feb, 2010 12:00am
Riffat assumes charge of member Fate

Riffat assumes charge of member Fate

Riffat Shaheen Qazi, a BS-21 officer, has assumed charge of the office of Member Facilitation and Taxpayer Education (Fate) in the Federal Board of Revenue (FBR) Headquarters.
Published 04 Feb, 2010 12:00am
Implementation on CoD vital to stability of democracy: Nawaz

Implementation on CoD vital to stability of democracy: Nawaz

Pakistan Muslim League-N Quaid Mian Nawaz Sharif said on Wednesday that the implementation on Charter of Democracy (CoD) was vital for the stability of democracy in the country. Addressing a press conference at Jaffarabad, he said that the party would dec
Published 04 Feb, 2010 12:00am
Nuclear option will be used if war imposed: Senator

Nuclear option will be used if war imposed: Senator

Chairman, Senator Talha Mehmood, Senate Standing Committee on Interior warned India that Pakistan would use the nuclear option if war is imposed and predicted the possibility of a fourth war with India on the water issue.
Published 04 Feb, 2010 12:00am
World Cancer Day observed today

World Cancer Day observed today

Every year February 4 is observed as 'World Cancer Day', aiming at raising public awareness about the silent killer of million of people around the globe, as tobacco-related cancer remain a challenge for Pakistan. Cancer is a leading cause of death around
Published 04 Feb, 2010 12:00am
French laws against Muslim women slammed

French laws against Muslim women slammed

President Pakistan Muslim League PML-Q Like-minded group Senator Salim Saifullah Khan on Wednesday met with the French Ambassador Daniel Jouanneau and criticised the discriminatory French laws against Muslim women covering their heads.
Published 04 Feb, 2010 12:00am
Shazia murder case: bail of Ghazala Naeem extended to February 10

Shazia murder case: bail of Ghazala Naeem extended to February 10

An additional district and sessions judge Shafiq-ur-Rehman here on Wednesday extended the bail of Ghazala Naeem, wife of Chaudhry Naeem advocate, her sister in-law Ruby Farooq and son Haris to February 10 in maidservant Shazia murder case.
Published 04 Feb, 2010 12:00am
Dir blast condemned

Dir blast condemned

President Asif Ali Zardari and Prime Minister Syed Yusuf Raza Gilani on Wednesday strongly condemned the blast in Dir. The two leaders in separate messages deplored the loss of precious lives and ordered an immediate probe into the incident. They also dir
Published 04 Feb, 2010 12:00am
Private colleges: PMDC asked for comments on fee structure

Private colleges: PMDC asked for comments on fee structure

The Supreme Court of Pakistan (SCP) on Wednesday directed Secretary Pakistan Medical and Dental Council (PMDC) to give comments on fee structure for admission in private medical colleges till 15th of this month. A three-member bench headed by Justice Sard
Published 04 Feb, 2010 12:00am
Aptma hails government's prompt response

Aptma hails government's prompt response

All Pakistan Textile Mills Association (Aptma) has appreciated the government's prompt response to it's demand to ensure two days a week gas suspension to the textile industry in consonance with November 2, 2009 decision of the Cabinet Committee on Gas Lo
Published 04 Feb, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (February 03, 2010).

Published 04 Feb, 2010 12:00am
Railways police demand CCTV cameras, deployment in trains

Railways police demand CCTV cameras, deployment in trains

Pakistan Railways (PR) police has demanded the government to install Close Circuit Television (CCTV) cameras and depute law enforcers in trains to avert any possible terrorist attack. SSP PR Police Sindh Muzaffar Sheikh said there are total 1,300 force of
Published 04 Feb, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (February 03, 2010).

Published 04 Feb, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (February 03, 2010).

Published 04 Feb, 2010 12:00am
Nasir Khosa replaces Javed Mahmood as Punjab chief secretary

Nasir Khosa replaces Javed Mahmood as Punjab chief secretary

Punjab Chief Secretary Javed Mahmood, who is on official leave, has been replaced by Nasir Mahmood Khosa, Balochistan Chief Secretary on Wednesday. The Establishment Division, Islamabad, has issued notification in this regard. Meanwhile, the Punjab govern
Published 04 Feb, 2010 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (February 03, 2010).

Published 04 Feb, 2010 12:00am
Shahbaz makes rare attendance in Punjab Assembly

Shahbaz makes rare attendance in Punjab Assembly

In a rare presence on Wednesday Punjab Chief Minister Shahbaz Sharif graced the Punjab Assembly by appearing only for the sixth time in his one and a half year tenure. No wonder why the treasury benches were over the moon after seeing him in the House.
Published 04 Feb, 2010 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (February 03, 2010).

Published 04 Feb, 2010 12:00am
Three killed in different incidents

Three killed in different incidents

At least three people were killed in different violent incidents across the city on Wednesday, police sources said. According to detail, the area residents have recovered 12 days old strangled body from a house in New Karachi while two people were gunned
Published 04 Feb, 2010 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (February 03, 2010).

Published 04 Feb, 2010 12:00am
Rangers get special powers for whole of Karachi

Rangers get special powers for whole of Karachi

The Sindh government on Wednesday gave special powers to Pakistan Rangers allowing the paramilitary force to shoot on sight and carry out house search and arrest suspected persons without warrants. Now, the special powers can be exercised in all parts of
Published 04 Feb, 2010 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (February 03, 2010).

Published 04 Feb, 2010 12:00am
'Sarbajit Singh's name not in FIR'

'Sarbajit Singh's name not in FIR'

Indian spy Sarbajit Singh is not nominated in FIR as it was registered against someone named Manjeet Singh, Sarbajit's counsel Awais Sheikh clarified on Wednesday. While addressing a press conference Awais tried to save his client and pointed out that his
Published 04 Feb, 2010 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (February 03, 2010).

Published 04 Feb, 2010 12:00am
ANP withdraws strike call

ANP withdraws strike call

Awami National Party (ANP) has announced to quit the Sindh coalition government. Earlier, ANP decided to observe a black day today (Thursday) to condemn killing of innocent people, but later postponed the call for three days. This was announced by Shahi S
Published 04 Feb, 2010 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (February 03, 2010).

Published 04 Feb, 2010 12:00am
International investors keen to bring in investments, says minister

International investors keen to bring in investments, says minister

A delegation of leading Financial institution NAMURA Bank, UK, led by Kenichi Watanabe President and CEO Nomura Holdings, Inc held a meeting with Senator Waqar Ahmed Khan, Federal Minister for Privatisation and expressed keen interest to bring investment
Published 04 Feb, 2010 12:00am
Kasuri meets Aga Khan, Jaswant Singh

Kasuri meets Aga Khan, Jaswant Singh

Former Foreign Minister and Chairman Steering Committee of Pakistan Muslim League (Like Minded) Khurshid Mahmud Kasuri met Prince Karim Aga Khan and Former Foreign Minister of India Jaswant Singh on the sidelines of the Paris Conference. According to fax
Published 04 Feb, 2010 12:00am
Iranian President to visit Pakistan soon

Iranian President to visit Pakistan soon

Iranian President Mahmoud Ahmadinejad will soon visit Pakistan to develop a joint action plan for further boosting bilateral ties and strengthening tripartite contracts with Afghanistan on security issues. "We are in consultation through diplomatic channe
Published 04 Feb, 2010 12:00am
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