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Print - 2010-03-19
Pepco clarification

Pepco clarification

It has been reported in a section of press that the deficit in generation is 4500 MW and not 3021 MW as released by Pepco on 17.03.2010. It is stated that the figure of shortfall provided by Pepco is correct. It is further reported that the hydel generati
Published 19 Mar, 2010 12:00am
Survival of textile units depends on relaxed credit policies: PTEA

Survival of textile units depends on relaxed credit policies: PTEA

Chairman, Pakistan Textile Exporters Association (PTEA) Khurram Mukhtar, has disclosed that at present almost all the major banks have discontinued their support for the textile industry and reportedly capped their exposures towards textile units.
Published 19 Mar, 2010 12:00am
Samsung launches world's first 3D HD LED TV

Samsung launches world's first 3D HD LED TV

Samsung Electronics Co Ltd has redefined the home-entertainment experience by launching the world's first Full HD 3D LED TV and a full line-up of 3D home entertainment products. Samsung also announced the expansion of its strategic alliance with DreamWork
Published 19 Mar, 2010 12:00am
Punjab government to start wheat procurement from next month

Punjab government to start wheat procurement from next month

The Punjab government is making necessary arrangements to kick-off wheat procurement in the province from next month. Punjab Minister for Food Malik Nadeem Kamran said that 400 procurement centers have been established in different districts of the Punjab
Published 19 Mar, 2010 12:00am
Punjab Labour, human rights department sets up laboratories at CIWCE

Punjab Labour, human rights department sets up laboratories at CIWCE

The Punjab Labour and Human Resources Department has set up modern laboratories at Centre for Improvement of Working Conditions and Environment (CIWCE) and Industrial Relations Institute (IRI) to provide advisory services on working environment issues to
Published 19 Mar, 2010 12:00am
Seminar held on World Consumer Rights Day

Seminar held on World Consumer Rights Day

Federal Adviser on Textile, Dr Mirza Ikhtiar Baig has suggested to exercise the rights of the consumers on utilities companies like KESC, Pepco, Water Board, PTCL etc on account of their poor product services, excessive/average billing with "no say" of a
Published 19 Mar, 2010 12:00am
19 hospital employees' regularisation issue: LHC seeks comments from MS

19 hospital employees' regularisation issue: LHC seeks comments from MS

The Lahore High Court (LHC) here on Thursday sought comments from Medical Superintendent (MS) Service Hospital and principal services institute of medical sciences in petition moved by 19 employees of the hospital seeking their regularisation. The petitio
Published 19 Mar, 2010 12:00am
FJMC status under court scrutiny

FJMC status under court scrutiny

A division bench of Lahore High Court here on Wednesday asked the Punjab government to explain why Fatima Jinnah Medical College (FJMC) was not granted the status of university at the time when King Edward Medical College was given the same status.
Published 19 Mar, 2010 12:00am
Another petition moved in LHC against Zardari

Another petition moved in LHC against Zardari

Another petition has been moved in the Lahore High Court seeking directions to the President Asif Ali Zardari to abandon the office of Co-Chairman of Pakistan People's Party and stop taking part in political activities. The petition is filed by Ghulam Jil
Published 19 Mar, 2010 12:00am
Pakistan Customs to launch PCVaG

Pakistan Customs to launch PCVaG

Pakistan Customs is going to launch Pakistan Customs Valuation Gateway (PCVaG), a complete online solution by end of current month to eradicate issues of under-invoicing and mis-declaration. Amir Marwat, Director General Customs Valuation and his team inc
Published 19 Mar, 2010 12:00am
Hafeez Shaikh likely to push fiscal discipline

Hafeez Shaikh likely to push fiscal discipline

Abdul Hafeez Shaikh, the man charged with steering Pakistan's economy, has wide financial and management experience and is likely to focus on tight fiscal discipline as inflation remains a threat. Shaikh, a former privatisation minister, will be put to th
Published 19 Mar, 2010 12:00am
Admiral Noman Bashir honoured

Admiral Noman Bashir honoured

Chief of the Naval Staff, Admiral Noman Bashir (Nishan-e-Imtiaz Military) was decorated on Thursday with US Legion of Merit award in recognition of his meritorious services, visionary leadership and enhancing regional maritime security. US Chief of Naval
Published 19 Mar, 2010 12:00am
Labour leaders seek representation in parliament

Labour leaders seek representation in parliament

Prominent labour leaders have demanded allocation of seats for working class to ensure their representation in the national and provincial assemblies and senate. In a joint statement, these labour leaders said that now the country is gradually and stably
Published 19 Mar, 2010 12:00am
Erra, DDMA hand over stockpile items

Erra, DDMA hand over stockpile items

Disaster Risk Reduction Programme of Earthquake Reconstruction and Rehabilitation Authority (Erra) and DDMA, Mansehra arranged a ceremony at Circuit House, District Mansehra to hand over stockpile items for any future emergency situation.
Published 19 Mar, 2010 12:00am
FBR imposes ban on visitors in view of budget preparation

FBR imposes ban on visitors in view of budget preparation

The Federal Board of Revenue (FBR) has imposed a ban on visitors in view of ongoing budget preparation exercise for 2010-2011. According to an FBR office order issued on Thursday, due to heavy engagements of FBR Chairman and Members, entry of the visitors
Published 19 Mar, 2010 12:00am
Reform process at FBR to continue: Qureshi

Reform process at FBR to continue: Qureshi

Member Customs Munir Qureshi during his last visit at Karachi chaired a high level meeting of customs department attended by Chief Collector of Customs South, Director General Valuation along with all Customs Collectors of Karachi region, Director Valuati
Published 19 Mar, 2010 12:00am
Five of a family killed in accident

Five of a family killed in accident

Five persons of a family were killed and as many others sustained injuries in a road accident on Jhang-Toba road on Thursday. According to family sources, members of a family resident of Basti Abbaspur were going in a motorcycle rickshaw for offering cond
Published 19 Mar, 2010 12:00am
Relief pay-orders distributed to victims of Ashura incident

Relief pay-orders distributed to victims of Ashura incident

Chief Minister Sindh, Syed Qaim Ali Shah has said that reconstruction of damaged and destroyed buildings of December 28, 2009 Ashura incident is a part of relief package. Speaking at relief pay order distributing ceremony among affected shopkeepers of Dec
Published 19 Mar, 2010 12:00am
Three men injured in Dera Bugti bomb blast

Three men injured in Dera Bugti bomb blast

Three men sustained injuries in a remote control bomb blast that took place at Achanak Chowk in Dera Bugti here on Thursday. According to police sources, unidentified men attached explosive device with a cycle and parked it at Achanak Chowk. Later, they d
Published 19 Mar, 2010 12:00am
Sindh government to improve public sector enterprises' performance

Sindh government to improve public sector enterprises' performance

The Government of Sindh with the assistance of Asian Development Bank (ADB) is pursuing the policy reforms to improve the performance and efficiency of public sector enterprises. This initiative is aimed at enhancing private sector participation in the ma
Published 19 Mar, 2010 12:00am
Banks urged to adopt state-of-the-art software solutions

Banks urged to adopt state-of-the-art software solutions

Speakers at a conference on "Automation of Banking Industry of Pakistan" on Thursday said that the Pakistani banks need to embrace the latest state-of-the-art software solutions to ensure customer satisfaction. They said that special software for Islamic
Published 19 Mar, 2010 12:00am
The Weather

The Weather

The weather report on Thursday (March 18, 2010) and the forecast for Friday (March 19, 2010).

Published 19 Mar, 2010 12:00am
Chawla terms Daylight Saving Time 'jinx'

Chawla terms Daylight Saving Time 'jinx'

The Daylight Saving Time (DST) has been described as a "jinx" by Sultan Ahmed Chawla, President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI). Talking to Business Recorder, he said it has proved a failure in the past and totally
Published 19 Mar, 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 19 Mar, 2010 12:00am
Army in tribal areas risks 'civil war': Imran Khan

Army in tribal areas risks 'civil war': Imran Khan

Cricketer turned politician Imran Khan has warned that the Pakistani army's offensive in the tribal areas is pushing the country to the brink of "civil war", in comments published in a newspaper. He also blamed US-Pakistan military attacks in the areas bo
Published 19 Mar, 2010 12:00am
Renovation of school, causeway in Mohmand Agency completed

Renovation of school, causeway in Mohmand Agency completed

To provide education and other basic facilities to the locals, government has completed the renovation of Government Primary school Rustam Kor, Ekka Ghund and construction of causeway at Shawa Farsh in Mohmand Agency. These developmental schemes would ben
Published 19 Mar, 2010 12:00am
Sindh University holds symposium on microbiology

Sindh University holds symposium on microbiology

Department of Microbiology, University of Sindh in collaboration with Higher Education Commission (HEC) organised 2nd National Symposium on 'New Trends and Advancement in Microbiology' here on Thursday. A large number of microbiologists from various unive
Published 19 Mar, 2010 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 19 Mar, 2010 12:00am
Charging money from parents: DRIPIS issues notices to 27 private schools

Charging money from parents: DRIPIS issues notices to 27 private schools

The Directorate of Registration/Inspection of Private Institutions Sindh (DRIPIS) has issued show-cause notices to the administration of 27 private schools for charging monthly fees up to July 2010. The directorate has also issued notices to the private s
Published 19 Mar, 2010 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 19 Mar, 2010 12:00am
'1,000 megawatts addition by month's end likely'

'1,000 megawatts addition by month's end likely'

Measures being adopted to enhance power generation in the country as around 1000 MW electricity is expected to be added in the national grid by end of this month, said Director General Pepco Muhammad Khalid. Work on new power plants of 1000 MW is in progr
Published 19 Mar, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (March 18, 2010).

Published 19 Mar, 2010 12:00am
Student protestors baton charged

Student protestors baton charged

Islamabad Police on Thursday resorted to baton charge and tear shelling to disperse protestors mainly students who blocked Murree road at Athal Chowk in Bhara Kau police station jurisdiction, the police spokesman said. He said students had been blocking t
Published 19 Mar, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (March 18, 2010).

Published 19 Mar, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (March 18, 2010).

Published 19 Mar, 2010 12:00am
Suleri appointed member PSO board of management

Suleri appointed member PSO board of management

Prime Minis-ter Yousuf Raza Gilani has approved the nomination of Dr Abid Qaiyum Suleri, Executive Director, Sustainable Development Policy Institute, on the Board of Management (BoM), Pakistan State Oil (PSO) with immediate effect and till further orders
Published 19 Mar, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (March 18, 2010) and for Friday (March 19, 2010)
Published 19 Mar, 2010 12:00am
Preparations to mark Pakistan Day

Preparations to mark Pakistan Day

Ministry of Interior has issued directives to different public departments to arrange activities to mark Pakistan Day on March 23 both at federal and provincial level. The government has announced general public holiday on the day, said a notification iss
Published 19 Mar, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (March 18, 2010).

Published 19 Mar, 2010 12:00am
Formal trading in Safe Mix starts

Formal trading in Safe Mix starts

The formal trading of Safe Mix Concrete Products Limited (SMCPL) has started at the Karachi Stock Exchange (KSE) on Thursday. The trading session was started with ringing of traditional opening bell. Arif Habib, Chairman Arif Habib Group, rang the bell.
Published 19 Mar, 2010 12:00am
PML-Q raps Shahbaz over remarks

PML-Q raps Shahbaz over remarks

The comments made by Punjab Chief Minister pleading Taliban not to attack Punjab is condemnable, leader of Pakistan Muslim League-Q said. Talking to his party workers here in Lahore on Thursday, Monnis Elahi said the people of Punjab consider people of ot
Published 19 Mar, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 18, 2010).

Published 19 Mar, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 18, 2010).

Published 19 Mar, 2010 12:00am
Warid offers most exciting value-added services

Warid offers most exciting value-added services

Warid Telecom (Pvt) Ltd, country's most popular and favourite cellular service offers range of innovative value-added services. After phenomenal success of Anonymous Chat and Zem Gup Lagao Service (777) now Warid brings 'IM over SMS'.
Published 19 Mar, 2010 12:00am
Nawaz back home

Nawaz back home

Pakistan Muslim League-Nawaz (PML-N) Quaid Mian Nawaz Sharif on Thursday returned home after about two-week foreign trip. Nawaz had gone abroad alongwith his spouse for her treatment facing some health problem. The PML-N Quaid was received at the airport
Published 19 Mar, 2010 12:00am
One killed, one hurt in land dispute

One killed, one hurt in land dispute

A man was killed and another injured in exchange of gunfire between two groups on a piece of land at Safora Goth on Thursday. According to police, the land grabber groups disputed over a piece of land situated at Baloch Khan Goth near Safora Chowrangi. Af
Published 19 Mar, 2010 12:00am
THE RUPEE: dollar inches up

THE RUPEE: dollar inches up

Marginal changes were seen on the local currency market on Thursday in proccess of trading, experts said On the interbank market the rupee shed three paisa against dollar for buying at 84.28 and drifted lower by two paisa for selling at 84.32, they said.
Published 19 Mar, 2010 12:00am
50,000 poor patients to receive new organ transplants

50,000 poor patients to receive new organ transplants

At least 50,000 poor patients across the country with different organ failures would receive new organs transplants. Professor Dr Anwar Naqvi said while narrating struggle for getting the approval of parliament and president house at Dewan Farooque Audito
Published 19 Mar, 2010 12:00am
THE RUPEE: dollar inches up

THE RUPEE: dollar inches up

Marginal changes were seen on the local currency market on Thursday in proccess of trading, experts said On the interbank market the rupee shed three paisa against dollar for buying at 84.28 and drifted lower by two paisa for selling at 84.32, they said.
Published 19 Mar, 2010 12:00am
Law and order situation in Bin Qasim Area discussed

Law and order situation in Bin Qasim Area discussed

A meeting was held at the premises of Engro Asahi & Chemical Limited, under the auspices of Port Qasim Association of Trade & Industry (PQATI) to discuss the various measures to be taken regarding security and law and order situation in Bin Qasim Area.
Published 19 Mar, 2010 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Time is pulling Awami National Party and Pakistan Muslim League-Nawaz apart as uproar was witnessed on Thursday in the National Assembly when harsh words were exchanged between the members of both the parties, who have yet to build consensus on the new na
Published 19 Mar, 2010 12:00am
'All provinces should be united on water issue'

'All provinces should be united on water issue'

All Parties Conference (APC) was held in the Punjab Assembly under the chairmanship of Senior Minister Raja Riaz here on Thursday which stressed the provinces to be united on water issue within the ambit of Indus Water Distribution Accord.
Published 19 Mar, 2010 12:00am
Modern laboratories at CIWCE, IRI set up

Modern laboratories at CIWCE, IRI set up

The Punjab Labour and Human Resources Department has set up modern laboratories at Center for the Improvement of Working Conditions and Environment (CIWCE) and Industrial Relations Institute (IRI) to provide advisory services on working environment issues
Published 19 Mar, 2010 12:00am
British boy back home

British boy back home

A five-year-old British boy arrived back home on Thursday after a 12-day kidnap ordeal in Pakistan which triggered an international police operation. Sahil Saeed flew into Manchester airport in northern England with his father, Raja Naqqash Saeed, with wh
Published 19 Mar, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (March 18, 2010).

Published 19 Mar, 2010 12:00am
Funds Association of Pakistan

Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (March 18, 2010)

Published 19 Mar, 2010 12:00am
Speaker Palestinian Parliament to visit Pakistan

Speaker Palestinian Parliament to visit Pakistan

The Speaker of Palestinian Parliament, Saleem Allzanoun will soon visit Pakistan on invitation of Chairman Senate Farooq H. Naek. The dates of visit will be decided according to the mutual convenience. This was transpired in a meeting of Palestinian Ambas
Published 19 Mar, 2010 12:00am
Funds Association of Pakistan

Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (March 18, 2010)

Published 19 Mar, 2010 12:00am
Pakistan's efforts for countering terrorism lauded

Pakistan's efforts for countering terrorism lauded

Kingdom of Saudi Arabia lauds government of Pakistan's efforts in war against militancy and ensures Saudi Arabia's co-operation in this regard, said Vice Minister for Religious Affairs of Saudi Arabia, Sheikh Abdul Aziz bin Abdulllah al-Hammar. In a meeti
Published 19 Mar, 2010 12:00am
Funds Association of Pakistan

Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (March 18, 2010)

Published 19 Mar, 2010 12:00am
NCIFD team calls on Punjab Assembly Speaker

NCIFD team calls on Punjab Assembly Speaker

Punjab Assembly Speaker Rana Muhammad Iqbal here on Thursday met a delegation of National Council for Inter Faith Dialogue (NCIFD) led by Father Nadeem and other minority members. Speaker on the occasion told to the delegation that Constitution of 1973 gu
Published 19 Mar, 2010 12:00am
Renaming of NWFP: ball now in PML-N court: ANP

Renaming of NWFP: ball now in PML-N court: ANP

Senator and spokesperson of Awami National Party (ANP) Zahid Khan on Thursday said that constitutional reforms package would not be presented to the parliament until the matter of renaming North West Frontier Province (NWFP) is resolved.
Published 19 Mar, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Mar, 2010 12:00am
IRSA releases 77,133 cusecs water

IRSA releases 77,133 cusecs water

The Indus River System Authority (IRSA) on Thursday released 77,133 cusecs water from various rim stations with total inflow of 77,012 cusecs. According to the data released by IRSA here, the maximum water level in River Indus at Tarbela was 1378.00 feet
Published 19 Mar, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Mar, 2010 12:00am
'Senate passed 16 bills during Parliamentary year'

'Senate passed 16 bills during Parliamentary year'

Chairman of the Senate Farooq H Naik has said that the Senate has passed as many as 16 bills during its Parliamentary year. He made these remarks while addressing the media at the completion of first parliamentary year of Senate after its renewal on March
Published 19 Mar, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 19 Mar, 2010 12:00am
Naek highlights Senate achievements

Naek highlights Senate achievements

Chairman Senate Farooq H Naek on Thursday highlighted the achievements of the Upper House of the Parliament during the past parliamentary year. Addressing a press conference here at the Parliament House, the Chairman Senate said the Senate had held seven
Published 19 Mar, 2010 12:00am
Ban on Shoaib Akhtar: LHC adjourns hearing till April 6

Ban on Shoaib Akhtar: LHC adjourns hearing till April 6

The Lahore High Court on Thursday adjourned hearing of a petition filed by cricketer Shoaib Akhtar, challenging the ban on playing cricket for one and half years and a fine of Rs 7 million. The court during the hearing observed that a player did not deser
Published 19 Mar, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 19 Mar, 2010 12:00am
12.683 million cotton bales arrive in factories till March 15

12.683 million cotton bales arrive in factories till March 15

The Pakistan Cotton Ginners Association (PCGA) released consolidated statement of cotton arrivals in factories, as on 15th March that showed arrival of 12.683 million cotton bales, an increase of 12.20 percent over the same period last year.
Published 19 Mar, 2010 12:00am
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