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Print - 2010-07-13
Babar rules out mid-term polls

Babar rules out mid-term polls

Federal Law Minister Dr Babar Awan has said the aim of those who awarded tickets to fake degree holders for mid-term elections would not be fulfilled. He was addressing the People Lawyers Forum (PLF) at a local marriage hall here on Monday.
Published 13 Jul, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (July 12, 2010) and for Tuesday (July 13, 2010).
Published 13 Jul, 2010 12:00am
Senate body for withdrawal of fines from I-16 allottees

Senate body for withdrawal of fines from I-16 allottees

The Senate Functional Committee on Government Assurances on Monday asked Capital Development Authority (CDA) to withdraw notices issued to allottees of I-16 for imposition of fines due to delays in initiation of construction work. The Committee was of the
Published 13 Jul, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (July 12, 2010).

Published 13 Jul, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 12, 2010).

Published 13 Jul, 2010 12:00am
Akhuwat, CWCD to offer interest-free loans to TEVTA graduates

Akhuwat, CWCD to offer interest-free loans to TEVTA graduates

Akhuwat and Centre for Women Co-operative Development (CWCD) will offer interest free loan amounting Rs 25,000 to Rs 100,000 to the Technical and Vocational Training Authority (TEVTA) graduates to start their own business for self-employment. Akhuwat and
Published 13 Jul, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 12, 2010).

Published 13 Jul, 2010 12:00am
LCCI announces election schedule

LCCI announces election schedule

The Lahore Chamber of Commerce and Industry (LCCI) Monday announced election schedule for year 2010-11. As per LCCI Executive Committee's decision, election for 7 seats of Corporate Class and 8 seats of Associate Class will be held on September 20 and 21
Published 13 Jul, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 13 Jul, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 13 Jul, 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 13 Jul, 2010 12:00am
IFJ terms Punjab Assembly resolution an attempt to silence journalists

IFJ terms Punjab Assembly resolution an attempt to silence journalists

The resolution passed by Punjab Assembly in Pakistan is a crude attempt to silence journalists and will fail, said the International Federation of Journalists (IFJ) on Monday. The Punjab Assembly passed a resolution on July 9 condemning the role of the me
Published 13 Jul, 2010 12:00am
The Weather

The Weather

The weather report on Monday (July 12, 2010) and the forecast for Tuesday (July 13, 2010).

Published 13 Jul, 2010 12:00am
Journalists boycott Punjab Assembly proceedings

Journalists boycott Punjab Assembly proceedings

Journalists on Monday boycotted the Punjab Assembly proceedings in protest to a resolution passed against the media. Various journalist bodies (Punjab Union of Journalists (PUJ), Lahore Press Club (LPC) and Press Gallery) also decided to continue boycott
Published 13 Jul, 2010 12:00am
Scores of activists of banned outfits arrested

Scores of activists of banned outfits arrested

In an unannounced police operation against proscribed organisations, especially in southern Punjab, scores of activists have been arrested. According to reports, in Rahimyar Khan, Bahawalpur, Multan, Bahawalnagar and Layyah districts, police conducted rai
Published 13 Jul, 2010 12:00am
YJS organises inter-university documentary competition

YJS organises inter-university documentary competition

Government College University's Young Journalist Society (YJS) Monday organised inter-university documentary competition on the theme of social issues. Above 70 producers and directors from 10 educational institutions including Punjab University, FC Colle
Published 13 Jul, 2010 12:00am
SIMS' pathology department gets ISO certification

SIMS' pathology department gets ISO certification

The Pathology Department of Services Institute of Medical Sciences (SIMS), Lahore has received ISO-9000:2008 and ISO 14001:2004 certification by the United Kingdom Accreditation Service (UKAS) and Pakistan National Accreditation Council (PNAC).
Published 13 Jul, 2010 12:00am
PU signs four MoUs with Chinese university

PU signs four MoUs with Chinese university

Vice-Chancellor Punjab University, Professor Dr Mujahid Kamran has said the varsity has so far signed 84 Memorandum Of Understanding (MoUs) with the leading universities both within and outside the country, out of which four MoUs have been signed with the
Published 13 Jul, 2010 12:00am
Downpour paralyses life as drainage system fails

Downpour paralyses life as drainage system fails

Lahore Monday received first monsoon rain, which paralysed life in the city and created chaos on roads as rainwater inundated in many parts of the city. Lahoriites enjoyed cloudy weather with mild cool winds and heaved a sigh of relief from the hot and su
Published 13 Jul, 2010 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (July 12, 2010).

Published 13 Jul, 2010 12:00am
HEC receives 237 degrees

HEC receives 237 degrees

Higher Education Commission (HEC) has so far received 237 degrees of the parliamentarians after verification from different institutions/universities in which 25 degrees have been found fake/bogus, Aaj News reported Monday. According to the channel
Published 13 Jul, 2010 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (July 12, 2010).

Published 13 Jul, 2010 12:00am
ISI DG briefs Senate panel on security policy

ISI DG briefs Senate panel on security policy

Director General (DG) Inter-Service Intelligence (ISI) Lieutenant General Ahmad Shuja Pasha on Monday gave comprehensive briefing to the Senate Standing Committee on Defence and Defence Production on changing the national security policy particularly focu
Published 13 Jul, 2010 12:00am
PAC body orders probe into fund embezzlement by ECP

PAC body orders probe into fund embezzlement by ECP

The special body of Public Accounts Committee (PAC) Monday ordered probe into embezzlement worth millions of rupees by Election Commission of Pakistan (ECP). The special committee of PAC, which met here with Zahid Hamid in the chair, discussed the special
Published 13 Jul, 2010 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (July 12, 2010).

Published 13 Jul, 2010 12:00am
Population census: don't delay it any further

Population census: don't delay it any further

While addressing an award-winning ceremony held in connection with the world population day Prime Minister Yousuf Raza Gilani emphasised the need for holding a census with a view to ensuring equitable distribution of resources. The United Nations defines
Published 13 Jul, 2010 12:00am
General Singh's remarks read like a black comic burlesque

General Singh's remarks read like a black comic burlesque

Indian Army Chief General V. K. Singh must be an enthusiastic admirer of Roman legions - otherwise how could he describe deaths of thousands of Kashmiris at the hands of Indian security forces as the "gains". And what a pride in that 'achievement'; he say
Published 13 Jul, 2010 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (July 12, 2010).

Published 13 Jul, 2010 12:00am
Great allies, aren't they?

Great allies, aren't they?

After the 7th round of talks to revise the Afghan-Pakistan Transit Trade Agreement (APTTA), the Afghan Finance Minister was upbeat about setting a "good example" in revising such accords. But his assertion that "the US doesn't need to facilitate us; we ar
Published 13 Jul, 2010 12:00am
Government determined to revive Pakistan Steel: Khursheed Shah

Government determined to revive Pakistan Steel: Khursheed Shah

Federal Minister for Labour and Manpower Syed Khursheed Ahmed Shah said on Monday that the government was determined to revive and expand Pakistan Steel, and strongly rejected the impression that the Mill would be privatised. The minister was addressing t
Published 13 Jul, 2010 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (July 12, 2010).

Published 13 Jul, 2010 12:00am
Vat can spark widespread tax evasion

Vat can spark widespread tax evasion

After GST, now a new Frankenstein is about to suck whatever life is left in the veins of emaciated Pakistanis. The Prime Minister and his aides are saying that the value-added tax (VAT) is just a sweet GST, and wouldn't have much effect. Yes, it wouldn't
Published 13 Jul, 2010 12:00am
Thai-Myanmar cross-border operations face uncertain future

Thai-Myanmar cross-border operations face uncertain future

When Cynthia Maung stumbled across the Thai-Myanmar border into Mae Sot in 1988 after a 10-day jungle trek to flee a military crackdown in Yangon, she planned to stay a few months at most. Twenty-two years later, Dr Maung's Mae Tao clinic is a border inst
Published 13 Jul, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 12, 2010).

Published 13 Jul, 2010 12:00am
Violence continues: four bodies found in different parts of the city

Violence continues: four bodies found in different parts of the city

Bodies of four persons were recovered from different parts of the city on Monday, Business Recorder has learnt. Two bullet-riddled bodies were found from outside the TCF School in Baldia Town, while another one was recovered from the vicinity of Ch
Published 13 Jul, 2010 12:00am
Gilani calls on President

Gilani calls on President

Prime Minister Syed Yousaf Raza Gilani called on President Asif Ali Zardari here at Aiwan-e-Sadr on Monday. The President briefed the Prime minister about his recent visit to China and his interaction with the Chinese leadership. The Prime Minister felici
Published 13 Jul, 2010 12:00am
Prime Minister announces assistance for poor family

Prime Minister announces assistance for poor family

Prime Minister Syed Yousuf Raza Gilani took notice of a news item published in a section of press regarding a poor family whose three children had contracted a deadly disease. He directed Director General of Special Education to provide free medical treat
Published 13 Jul, 2010 12:00am
Government takes guidance from the press: Kaira

Government takes guidance from the press: Kaira

Provincial Minister for Finance and Planning & Development, Tanvir Ashraf Kaira has said that responsible press identifies the real issues of the people and the government also takes guidance from the press because the press is considered to be the fourth
Published 13 Jul, 2010 12:00am
Mixed sentiments prevail on LSE

Mixed sentiments prevail on LSE

Mixed sentiments prevailed on the Lahore Stock Exchange (LSE) on Monday where equities moved both the ways and finally stayed in red zone amid reduced trading turnover. The LSE-25 index was marginally improved by 8.05 points and was closed at 3189.48 agai
Published 13 Jul, 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 Monday (July 12, 2010).

Published 13 Jul, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (July 12, 2010).
Published 13 Jul, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (July 12, 2010).

Published 13 Jul, 2010 12:00am
Appointment of judges: procedures rejected by petitioner

Appointment of judges: procedures rejected by petitioner

Although, the 18th Amendment has envisaged a new mechanism, a petitioner has rejected both pre- and post-18th Amendment procedures in relation to appointment of superior courts judges. "The previous system was entirely bogus and was based on pick and choo
Published 13 Jul, 2010 12:00am
Appointment of judges: procedures rejected by petitioner

Appointment of judges: procedures rejected by petitioner

Although, the 18th Amendment has envisaged a new mechanism, a petitioner has rejected both pre- and post-18th Amendment procedures in relation to appointment of superior courts judges. "The previous system was entirely bogus and was based on pick and choo
Published 13 Jul, 2010 12:00am
July-June 2009-10: CPI inflation rises by 11.73 percent

July-June 2009-10: CPI inflation rises by 11.73 percent

The CPI inflation measure rose by 11.73 percent during July-June 2009-10 over the previous year largely because of increase in the price of essential commodities that, it is feared, has pushed more people below the poverty line. Official figures on monthl
Published 13 Jul, 2010 12:00am
July-June 2009-10: CPI inflation rises by 11.73 percent

July-June 2009-10: CPI inflation rises by 11.73 percent

The CPI inflation measure rose by 11.73 percent during July-June 2009-10 over the previous year largely because of increase in the price of essential commodities that, it is feared, has pushed more people below the poverty line. Official figures on monthl
Published 13 Jul, 2010 12:00am
July-June 2009-10: CPI inflation rises by 11.73 percent

July-June 2009-10: CPI inflation rises by 11.73 percent

The CPI inflation measure rose by 11.73 percent during July-June 2009-10 over the previous year largely because of increase in the price of essential commodities that, it is feared, has pushed more people below the poverty line. Official figures on monthl
Published 13 Jul, 2010 12:00am
Stocks make slight gain

Stocks make slight gain

The Karachi share market on Monday opened on a positive note and the KSE-100 index crossed 10,000 psychological level after two months to hit 10,053.56 points intra-day high level. However, after mid session the index could not sustain that level mainly d
Published 13 Jul, 2010 12:00am
Stocks make slight gain

Stocks make slight gain

The Karachi share market on Monday opened on a positive note and the KSE-100 index crossed 10,000 psychological level after two months to hit 10,053.56 points intra-day high level. However, after mid session the index could not sustain that level mainly d
Published 13 Jul, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (July 12, 2010).

Published 13 Jul, 2010 12:00am
Stocks make slight gain

Stocks make slight gain

The Karachi share market on Monday opened on a positive note and the KSE-100 index crossed 10,000 psychological level after two months to hit 10,053.56 points intra-day high level. However, after mid session the index could not sustain that level mainly d
Published 13 Jul, 2010 12:00am
BRIndex30 down 1.1 points

BRIndex30 down 1.1 points

On Monday, BRIndex30 opened at 7,851.21 and remained positive for almost whole of trading session. It touched an intraday high of 7,918.46 and an intraday low of 7,832.57 and closed at 7,850.11 which is -1.1 points or -0.01 percent lower than yesterday's
Published 13 Jul, 2010 12:00am
BRIndex30 down 1.1 points

BRIndex30 down 1.1 points

On Monday, BRIndex30 opened at 7,851.21 and remained positive for almost whole of trading session. It touched an intraday high of 7,918.46 and an intraday low of 7,832.57 and closed at 7,850.11 which is -1.1 points or -0.01 percent lower than yesterday's
Published 13 Jul, 2010 12:00am
US agency issues subpoenas on private mortgage bonds

US agency issues subpoenas on private mortgage bonds

The federal regulator of Fannie Mae and Freddie Mac on Monday said it is seeking to determine if issuers of private mortgage bonds are liable for losses suffered by the two housing finance giants. The Federal Housing Finance Agency said in a statement it
Published 13 Jul, 2010 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (July 12, 2010).
Published 13 Jul, 2010 12:00am
US agency issues subpoenas on private mortgage bonds

US agency issues subpoenas on private mortgage bonds

The federal regulator of Fannie Mae and Freddie Mac on Monday said it is seeking to determine if issuers of private mortgage bonds are liable for losses suffered by the two housing finance giants. The Federal Housing Finance Agency said in a statement it
Published 13 Jul, 2010 12:00am
US agency issues subpoenas on private mortgage bonds

US agency issues subpoenas on private mortgage bonds

The federal regulator of Fannie Mae and Freddie Mac on Monday said it is seeking to determine if issuers of private mortgage bonds are liable for losses suffered by the two housing finance giants. The Federal Housing Finance Agency said in a statement it
Published 13 Jul, 2010 12:00am
US agency issues subpoenas on private mortgage bonds

US agency issues subpoenas on private mortgage bonds

The federal regulator of Fannie Mae and Freddie Mac on Monday said it is seeking to determine if issuers of private mortgage bonds are liable for losses suffered by the two housing finance giants. The Federal Housing Finance Agency said in a statement it
Published 13 Jul, 2010 12:00am