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Print - 2010-07-31
Death toll reaches 400 in floods

Death toll reaches 400 in floods

The death toll in Pakistan's floods rose to 397 on Friday after three days of flooding and heavy rains, with over 100 injured, officials and media reports said. Rescue workers searched for dozens of missing people as flash floods triggered by monsoon rain
Published 31 Jul, 2010 12:00am
Death toll reaches 400 in floods

Death toll reaches 400 in floods

The death toll in Pakistan's floods rose to 397 on Friday after three days of flooding and heavy rains, with over 100 injured, officials and media reports said. Rescue workers searched for dozens of missing people as flash floods triggered by monsoon rain
Published 31 Jul, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (July 30, 2010).

Published 31 Jul, 2010 12:00am
High flood advancing towards Sindh

High flood advancing towards Sindh

An exceptionally high flood of more than 1 million cusecs water is gushing towards Guddu Barrage which will enter Sindh province on Tuesday. Sindh Chief Minister Qaim Ali Shah has cancelled leaves of policemen and government employees and ordered to take
Published 31 Jul, 2010 12:00am
High flood advancing towards Sindh

High flood advancing towards Sindh

An exceptionally high flood of more than 1 million cusecs water is gushing towards Guddu Barrage which will enter Sindh province on Tuesday. Sindh Chief Minister Qaim Ali Shah has cancelled leaves of policemen and government employees and ordered to take
Published 31 Jul, 2010 12:00am
Search mounted for black box

Search mounted for black box

Investigators intensified their efforts into the search on the third consecutive day Friday for black box and cockpit voice recorder of Airblue plane that crashed into Margalla Hills on Wednesday, killing all 152 on board. Investigators are focusing on re
Published 31 Jul, 2010 12:00am
'India can't keep Kashmiris slave for long time'

'India can't keep Kashmiris slave for long time'

Maulana Fazl-ur-Rehman, Chairman Parliamentary Kashmir Committee on Friday said India cannot keep Kashmiris as slaves for long time and will have to give them right to self-determination. In a statement, the Chairman Kashmir Committee said Kashmiris are s
Published 31 Jul, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 Jul, 2010 12:00am
Rate hike to affect bourses' sentiment

Rate hike to affect bourses' sentiment

The decision of upward revision in the policy rate by the central bank may hamper the recent positive trend in the local bourses, analysts said. The State Bank of Pakistan (SBP) has increased the policy rate by 50bps to 13 percent in the Monetary Policy S
Published 31 Jul, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 Jul, 2010 12:00am
WikiLeaks: Taliban considering hunting informants

WikiLeaks: Taliban considering hunting informants

A spokesman for the Taliban told Britain's Channel 4 News on Thursday that the insurgent group is scouring classified American military documents posted online by the group WikiLeaks for information to help them find and "punish" Afghan informers. Speakin
Published 31 Jul, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 31 Jul, 2010 12:00am
WikiLeaks: Taliban considering hunting informants

WikiLeaks: Taliban considering hunting informants

A spokesman for the Taliban told Britain's Channel 4 News on Thursday that the insurgent group is scouring classified American military documents posted online by the group WikiLeaks for information to help them find and "punish" Afghan informers. Speakin
Published 31 Jul, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 31 Jul, 2010 12:00am
New IT return forms likely to be issued next week

New IT return forms likely to be issued next week

The Federal Board of Revenue is expected to issue new income tax return forms for the tax year 2010 next week. It is learnt here on Friday that the FBR is drafting a new income tax return form for the Tax Year 2010 which would be issued in coming days. Th
Published 31 Jul, 2010 12:00am
New IT return forms likely to be issued next week

New IT return forms likely to be issued next week

The Federal Board of Revenue is expected to issue new income tax return forms for the tax year 2010 next week. It is learnt here on Friday that the FBR is drafting a new income tax return form for the Tax Year 2010 which would be issued in coming days. Th
Published 31 Jul, 2010 12:00am
New IT return forms likely to be issued next week

New IT return forms likely to be issued next week

The Federal Board of Revenue is expected to issue new income tax return forms for the tax year 2010 next week. It is learnt here on Friday that the FBR is drafting a new income tax return form for the Tax Year 2010 which would be issued in coming days. Th
Published 31 Jul, 2010 12:00am
UN sanctions against five Taliban dropped: envoys

UN sanctions against five Taliban dropped: envoys

Five Taliban have been struck off a UN Security Council list of militants subject to sanctions - a move sought by Kabul to ease reconciliation talks with insurgents, UN diplomats said on Friday. The move followed a review of the list of Taliban and al Qae
Published 31 Jul, 2010 12:00am
UN sanctions against five Taliban dropped: envoys

UN sanctions against five Taliban dropped: envoys

Five Taliban have been struck off a UN Security Council list of militants subject to sanctions - a move sought by Kabul to ease reconciliation talks with insurgents, UN diplomats said on Friday. The move followed a review of the list of Taliban and al Qae
Published 31 Jul, 2010 12:00am
Government borrowing major contributor to monetary expansion: SBP

Government borrowing major contributor to monetary expansion: SBP

The State Bank of Pakistan on Friday said that government budgetary borrowing is the major contributor to expansion of net domestic assets and monetary growth. According to the Monetary Policy Statement (MPS) continued government borrowings from the banki
Published 31 Jul, 2010 12:00am
Government borrowing major contributor to monetary expansion: SBP

Government borrowing major contributor to monetary expansion: SBP

The State Bank of Pakistan on Friday said that government budgetary borrowing is the major contributor to expansion of net domestic assets and monetary growth. According to the Monetary Policy Statement (MPS) continued government borrowings from the banki
Published 31 Jul, 2010 12:00am
Government borrowing major contributor to monetary expansion: SBP

Government borrowing major contributor to monetary expansion: SBP

The State Bank of Pakistan on Friday said that government budgetary borrowing is the major contributor to expansion of net domestic assets and monetary growth. According to the Monetary Policy Statement (MPS) continued government borrowings from the banki
Published 31 Jul, 2010 12:00am
Two protesters killed in IHK

Two protesters killed in IHK

Two protesters were shot and killed Friday in Indian held Kashmir when occupation forces opened fire on a large anti-India demonstration, witnesses said. The fatalities added to a string of deaths that have fuelled a rolling series of angry protests acros
Published 31 Jul, 2010 12:00am
OUP holding workshops for CDGK teachers today

OUP holding workshops for CDGK teachers today

The Oxford University Press (OUP) Pakistan is conducting workshops for the teachers of the City District Government Karachi (CDGK) with concurrent sessions for pre-primary, primary, and secondary level courses on July 31 at the OUP Head Office here.
Published 31 Jul, 2010 12:00am
Alleged fake degree: LHC summons MNA

Alleged fake degree: LHC summons MNA

An election tribunal of Lahore High Court has summoned PML-Q, MNA Sheikh Waqas Akram in the last week of August. Waqas Akram was elected from NA-89 Jhang, however Hafiz Khalid, a voter from the same constituency, challenged the election.
Published 31 Jul, 2010 12:00am
Food items register steep rise ahead of Ramazan

Food items register steep rise ahead of Ramazan

The price trajectory of most of the food items has registered steep rise two weeks ahead of the holy month of Ramazan, revealed FAFEN's Retail Price Monitor. The report covering (June-July 2010) showed that of total 69 commodities, the prices of 35, mostl
Published 31 Jul, 2010 12:00am
Blast damages Nato oil tanker

Blast damages Nato oil tanker

Nato oil tanker was damaged when explosives attached with the vehicle went off at Western by-pass area of Quetta, police said on Friday. Station House Officer Shalkot Police Station Malik Fareed told this scribe that Nato tanker carrying oil for the ISAF
Published 31 Jul, 2010 12:00am
Youth Parliamentarian laid to rest in Sanghar

Youth Parliamentarian laid to rest in Sanghar

Youth Parliament's Minister Prem Chand, who was among the victims of Airblue plane crash in Islamabad, was laid to rest in Sanghar on Friday amidst unbridled sobbing of the bereaved family and a large number of people. Prem Chand, 26 years old, a student
Published 31 Jul, 2010 12:00am
Masood Salam's death condoled

Masood Salam's death condoled

Members of Pakistan Chemicals and Dyers Merchants Association have condoled the tragic demise of renowned industrialist and businessman, Director M.B. Dyes Chemicals and Silk (Pvt) Ltd Lahore and President of Northern Region (Punjab and KP Provinces) Paki
Published 31 Jul, 2010 12:00am
Government striving to safeguard environment: President, Prime Minister

Government striving to safeguard environment: President, Prime Minister

President Asif Ali Zardari and Prime Minister Yousuf Raza Gilani have congratulated the National Forum for Environment and Health (NFEH) for organising 7th Annual Environment Excellence Award ceremony on 2 August 2010 and said that the government is makin
Published 31 Jul, 2010 12:00am
President launches monsoon tree plantation drive

President launches monsoon tree plantation drive

President Asif Ali Zardari started Monsoon Tree Plantation Campaign on Friday by planting Neem tree at Aiwan-e-Sadr. On this occasion, the President said that forests and trees play important role in the national life and these are essential part of ecosy
Published 31 Jul, 2010 12:00am
British HC condoles death of Youth Parliament

British HC condoles death of Youth Parliament

British High Commissioner to Pakistan, Adam Thomson, who joined Youth Parliament here Friday on the first regular session after tragedy of the death of six Members of Youth Parliament (MYPs), offered condolence and observed a minute of silence on the sad
Published 31 Jul, 2010 12:00am
UBL's profit after tax increases

UBL's profit after tax increases

The profit after tax of United Bank Limited (UBL) has increased to Rs 5.2 billion in the half year period which ended on June 30 2010 as compared to Rs 4.287 billion earned in the corresponding period in 2009. The bank's earning per share increased to Rs
Published 31 Jul, 2010 12:00am
UBL's profit after tax increases

UBL's profit after tax increases

The profit after tax of United Bank Limited (UBL) has increased to Rs 5.2 billion in the half year period which ended on June 30 2010 as compared to Rs 4.287 billion earned in the corresponding period in 2009. The bank's earning per share increased to Rs
Published 31 Jul, 2010 12:00am
Margalla plane crash: registration under way to pay insurance: Khaqan

Margalla plane crash: registration under way to pay insurance: Khaqan

Chief Operating Officer Air Blue, Shahid Khaqan Abbasi on Friday said registration was under way to give insurance money to the families of 152 air crash victims. Shahid Khaqan Abbasi who is also member of the National Assembly from PML-N said this while
Published 31 Jul, 2010 12:00am
Government mulling re-enforcing price magistrate system

Government mulling re-enforcing price magistrate system

The government for ensuring price stability and discourage profiteering and hoarding of commodities including edible items by the traders, is considering to re-enforce price magistrate system in the country. "We are reconsidering to re-enforce prices magi
Published 31 Jul, 2010 12:00am
Gilani urges joint efforts to boost Sino-Pak economic ties

Gilani urges joint efforts to boost Sino-Pak economic ties

Prime Minister Syed Yusuf Raza Gilani has called for joint concerted efforts to make the economic relations between Pakistan and China commensurate with the level of political ties between the two sides. The Prime Minister expressed the hope that Industri
Published 31 Jul, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (July 30, 2010).

Published 31 Jul, 2010 12:00am
Pakistan's UN envoy slams leakage of US military reports

Pakistan's UN envoy slams leakage of US military reports

Pakistan's UN Ambassador Abdullah Hussain Haroon has denounced the leaked US military reports, saying their authors were mostly fed wrong information by Afghan agents who were hostile to Pakistan. In an interview telecast on CBS "World Watch" programme on
Published 31 Jul, 2010 12:00am
Cameron statement termed foolish

Cameron statement termed foolish

Senator PML-Q Haroon Akhtar describing the statement of British Prime Minister David Cameron regarding Pakistan as immature, unnecessary and foolish and urged the government to seek clarification from London. Talking to reporters at Parliament House on Fr
Published 31 Jul, 2010 12:00am
LSE index up 10.03 points

LSE index up 10.03 points

The Lahore Stock Exchange (LSE) registered a positive closing on its weekend with LSE-25 index gaining 10.03 points amid ascending transaction volume. The LSE-25 index gained 10.03 points and was closed at 3367.38 against 3357.35 of Thursday, while transa
Published 31 Jul, 2010 12:00am
LSE index up 10.03 points

LSE index up 10.03 points

The Lahore Stock Exchange (LSE) registered a positive closing on its weekend with LSE-25 index gaining 10.03 points amid ascending transaction volume. The LSE-25 index gained 10.03 points and was closed at 3367.38 against 3357.35 of Thursday, while transa
Published 31 Jul, 2010 12:00am
Don't post more secret war papers: White House

Don't post more secret war papers: White House

The White House is imploring the website WikiLeaks not to post any more classified documents about the Afghanistan war, saying US national security and Afghan lives are at risk. Press secretary Robert Gibbs says the leak of tens of thousands of secret mil
Published 31 Jul, 2010 12:00am
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