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Print - 2010-09-08
Wreath laying ceremony held at Rashid Minhas's grave

Wreath laying ceremony held at Rashid Minhas's grave

A wreath laying ceremony was held on Tuesday at the grave of Pilot Officer Rashid Minhas Shaheed Nishan-e-Haider. A PAF statement said that a PAF contingent led by Air Vice Marshal Arshad Quddus, Air Officer Commanding, Southern Air Command, Pakistan Air
Published 08 Sep, 2010 12:00am
The Weather

The Weather

The weather report on Tuesday (September 07, 2010) and the forecast for Wednesday (September 08, 2010).

Published 08 Sep, 2010 12:00am
PAF observes Martyrs Day

PAF observes Martyrs Day

Pakistan Air Force (PAF) observed 7 the September as Martyrs Day at all PAF Bases throughout the country. A PAF statement here on Tuesday said that the day started with special Du'a and Quran Khawani for the Shuhada of 1965 and 1971 wars and those who die
Published 08 Sep, 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 08 Sep, 2010 12:00am
Pride of Performance announced for martyred driver of Aaj TV

Pride of Performance announced for martyred driver of Aaj TV

Interior Minister Rehman Malik on Tuesday announced that the government would confer Pride of Performance on the martyred driver of Aaj TV and cameraman of SAMAA TV, Aaj News reported. He made the announcement while talking to media a
Published 08 Sep, 2010 12:00am
PBIT soliciting funds, donations from its partners

PBIT soliciting funds, donations from its partners

Punjab Board of Investment and Trade (PBIT) has been soliciting funds and donations from its partners and facilitated companies in other countries. Among the facilitated companies, Azur Solar from Germany has shown deep interest in fund raising for flood
Published 08 Sep, 2010 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 08 Sep, 2010 12:00am
Punjab government stops provision of subsidised wheat to flourmills

Punjab government stops provision of subsidised wheat to flourmills

The Punjab government has stopped provision of subsidised wheat to flour mills in the province under 'Ramzan Package' due to which price of a 20-kilogram flour bag might reach to Rs 600 per bag, claimed Chairman Pakistan Flour Mills Association (PFMA-Punj
Published 08 Sep, 2010 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 08 Sep, 2010 12:00am
Call for inquiry into canals breaches

Call for inquiry into canals breaches

Senior Provincial Minister, Raja Riaz Ahmed has said an enquiry should be held regarding the breaches in dams, canals and water courses so that facts could be brought to light. Talking to media, Raja Riaz Ahmed who is also Irrigation Minister said that he
Published 08 Sep, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 07, 2010).

Published 08 Sep, 2010 12:00am
ORU congratulates vice chancellor GCU

ORU congratulates vice chancellor GCU

The Old Ravians Union (ORU) has congratulated Government College University (GCU) Vice Chancellor Professor Dr Khalid Aftab and teachers as their students have performed exceptionally well and secured 10 positions in the Intermediate Examinations 2010.
Published 08 Sep, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 07, 2010).

Published 08 Sep, 2010 12:00am
'Minorities being neglected in South Punjab'

'Minorities being neglected in South Punjab'

Christians of Chak Nos 5, 6, 7 /4-L alleged that minorities were being neglected in South Punjab when the relief goods were distributed. Numberdar Peter Masih, a Christian leader said,"the government and local clerics refused to shelter around 500 flood-a
Published 08 Sep, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 07, 2010).

Published 08 Sep, 2010 12:00am
World Bank to resume economic activities in flood-hit areas

World Bank to resume economic activities in flood-hit areas

A World Bank (WB) team has started getting feedback from industrialists in affected areas on how to resume economic activities and devise a programme to providing earning means to the people and restoring production cycle of the affected industry in flood
Published 08 Sep, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 07, 2010).

Published 08 Sep, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 07, 2010).

Published 08 Sep, 2010 12:00am
Medical team from Bangladesh arrives

Medical team from Bangladesh arrives

Like other countries, Bangladesh Government also shared its contribution of helping the flood affected people of Pakistan by sending a 40-member medical team who arrived here on Monday night to provide healthcare facility to flood victims of Dadu district
Published 08 Sep, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 07, 2010).

Published 08 Sep, 2010 12:00am
Punjab University Eid holidays

Punjab University Eid holidays

Punjab University will remain closed from Friday, September 10 to Monday, September 13 on account of Eid-ul-Fitr. A notification has been issued in this regard. Eid-ul-Fitr prayers at Punjab University Jamia Mosque, Quaid-e-Azam (New) Campus will be offer
Published 08 Sep, 2010 12:00am
Performance of LCCI office-bearers lauded

Performance of LCCI office-bearers lauded

The PIAF-Founders Alliance will continue to supplement the government efforts aimed at bringing country out of present day economic logjam. The team leader of the LCCI Associate Class Sohail Lashari expressed these views while talking to a businessmen del
Published 08 Sep, 2010 12:00am
No response from Heerbiar and Brahmdagh: Rehman

No response from Heerbiar and Brahmdagh: Rehman

Federal Interior Minister Rehman Malik on Tuesday evening said that he had called on Baloch nationalist leader Heerbiar Marri in London and talked with another leader Brahmdagh Bugti adding but the two did not give a positive response to the federal gover
Published 08 Sep, 2010 12:00am
THE RUPEE: dollar crosses Rs 86 mark

THE RUPEE: dollar crosses Rs 86 mark

The dollar crossed the high mark at Rs 86 on the currency market on Tuesday due to rising demand for the greenback, dealers said. The rupee after maintaining a stable trend for a long time, fell sharply versus dollar, losing 17 paisa for buying at 86.01 a
Published 08 Sep, 2010 12:00am
Prime Minister orders withdrawal of all facilities from Irfan Qadir

Prime Minister orders withdrawal of all facilities from Irfan Qadir

The Ministry of Law and Justice will notify the new Prosecutor General of National Accountability Bureau next week, it is learnt. The spokesman of the Ministry confirmed that Prime Minister Yousuf Raza Gilani on Tuesday directed Law Secretary to implement
Published 08 Sep, 2010 12:00am
THE RUPEE: dollar crosses Rs 86 mark

THE RUPEE: dollar crosses Rs 86 mark

The dollar crossed the high mark at Rs 86 on the currency market on Tuesday due to rising demand for the greenback, dealers said. The rupee after maintaining a stable trend for a long time, fell sharply versus dollar, losing 17 paisa for buying at 86.01 a
Published 08 Sep, 2010 12:00am
Prime Minister orders withdrawal of all facilities from Irfan Qadir

Prime Minister orders withdrawal of all facilities from Irfan Qadir

The Ministry of Law and Justice will notify the new Prosecutor General of National Accountability Bureau next week, it is learnt. The spokesman of the Ministry confirmed that Prime Minister Yousuf Raza Gilani on Tuesday directed Law Secretary to implement
Published 08 Sep, 2010 12:00am
Zardari, Bilawal, Bakhtawar visit affected areas in Sindh, Balochistan

Zardari, Bilawal, Bakhtawar visit affected areas in Sindh, Balochistan

President Asif Ali Zardari accompanied by Chairman PPP Bilawal Bhutto Zardari and Bakhtawar Bhutto Zardari on Tuesday visited flood affected areas in Sindh and Balochistan flying over Jacobabad, Dera Allah Yar, Jafarabad before landing in Dera Murad Jamal
Published 08 Sep, 2010 12:00am
'Rehabilitation of flood victims top priority of PML-N government'

'Rehabilitation of flood victims top priority of PML-N government'

The Pakistan Muslim League-Nawaz (PML-N) led Punjab government is not only utilising its resources but also providing food and other relief items to calamity stricken people with the co-operation of philanthropists and well-to-do segments of the society.
Published 08 Sep, 2010 12:00am
UN urges Pakistan for transparent aid distribution

UN urges Pakistan for transparent aid distribution

The United Nations on Tuesday urged Pakistan to set up a credible mechanism to ensure that foreign aid was reaching millions of flood victims, many of whom are still without food and shelter. International aid stalled last week over fears of corruption an
Published 08 Sep, 2010 12:00am
Pakistan situation worsening; 21 million affected: UN

Pakistan situation worsening; 21 million affected: UN

The situation in Pakistan, where 21 million people have been affected by historic floods, is worsening, the United Nations said Tuesday. "The situation is worsening as we now have almost 21 million people directly affected by these floods," said Elisabeth
Published 08 Sep, 2010 12:00am
China to send additional relief goods worth $12 million: deal signed

China to send additional relief goods worth $12 million: deal signed

The signing ceremony of handing-over certificate regarding delivery of humanitarian goods worth RMB 80 million (US $12 million) was held in Economic Affairs Division between the Government of Pakistan and the People's Republic of China. The delivery of th
Published 08 Sep, 2010 12:00am
Relief goods arrive from Bahrain

Relief goods arrive from Bahrain

A plane carrying relief goods donated by government of Bahrain arrived here on Tuesday. The relief goods were received by the Consul General of Bahrain in Karachi, Adil Abdul Rehman Taqi and delivered to Lieutenant Colonel Salim Rao of Pakistan Army at th
Published 08 Sep, 2010 12:00am
England win Twenty20 series

England win Twenty20 series

England wrapped up a 2-0 Twenty20 series victory over Pakistan after the tourists suffered the embarrassment of being dismissed for 89 to add to their off-field problems here on Tuesday. World Twenty20 champions England finished on 90 for four to complete
Published 08 Sep, 2010 12:00am
England win Twenty20 series

England win Twenty20 series

England wrapped up a 2-0 Twenty20 series victory over Pakistan after the tourists suffered the embarrassment of being dismissed for 89 to add to their off-field problems here on Tuesday. World Twenty20 champions England finished on 90 for four to complete
Published 08 Sep, 2010 12:00am
Pakistani Taliban threaten more suicide attacks

Pakistani Taliban threaten more suicide attacks

Pakistan's Taliban on Tuesday threatened more suicide attacks on security forces and government offices, challenging authorities already overwhelmed by the worst floods in the country's history. The al Qaeda-linked group has killed nearly 120 people in su
Published 08 Sep, 2010 12:00am
Pakistani Taliban threaten more suicide attacks

Pakistani Taliban threaten more suicide attacks

Pakistan's Taliban on Tuesday threatened more suicide attacks on security forces and government offices, challenging authorities already overwhelmed by the worst floods in the country's history. The al Qaeda-linked group has killed nearly 120 people in su
Published 08 Sep, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Sep, 2010 12:00am
Board meetings in progress

Board meetings in progress

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

Published 08 Sep, 2010 12:00am
Wheat price spike raises food insecurity: UN expert

Wheat price spike raises food insecurity: UN expert

Riots over high bread prices in Mozambique and food shortages elsewhere should be a wake-up call for governments which papered over food security problems that arose two years ago, a United Nations expert warned on Tuesday. Olivier De Schutter, the UN spe
Published 08 Sep, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Sep, 2010 12:00am
Wheat price spike raises food insecurity: UN expert

Wheat price spike raises food insecurity: UN expert

Riots over high bread prices in Mozambique and food shortages elsewhere should be a wake-up call for governments which papered over food security problems that arose two years ago, a United Nations expert warned on Tuesday. Olivier De Schutter, the UN spe
Published 08 Sep, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 08 Sep, 2010 12:00am
Wheat price spike raises food insecurity: UN expert

Wheat price spike raises food insecurity: UN expert

Riots over high bread prices in Mozambique and food shortages elsewhere should be a wake-up call for governments which papered over food security problems that arose two years ago, a United Nations expert warned on Tuesday. Olivier De Schutter, the UN spe
Published 08 Sep, 2010 12:00am
''Pakistan eyes imports of four million cotton bales''

''Pakistan eyes imports of four million cotton bales''

Flood damage to Pakistan''s key cotton crop has cut deep into the forecast for the 2010/11 season, industry officials said on Tuesday, adding the country is likely to import at least 4 million bales. The monsoon flooding, which started over a month ago, d
Published 08 Sep, 2010 12:00am
'Pakistan eyes imports of four million cotton bales'

'Pakistan eyes imports of four million cotton bales'

Flood damage to Pakistan's key cotton crop has cut deep into the forecast for the 2010/11 season, industry officials said on Tuesday, adding the country is likely to import at least 4 million bales. The monsoon flooding, which started over a month ago, da
Published 08 Sep, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 08 Sep, 2010 12:00am
'Pakistan eyes imports of four million cotton bales'

'Pakistan eyes imports of four million cotton bales'

Flood damage to Pakistan's key cotton crop has cut deep into the forecast for the 2010/11 season, industry officials said on Tuesday, adding the country is likely to import at least 4 million bales. The monsoon flooding, which started over a month ago, da
Published 08 Sep, 2010 12:00am
Singh claims China wants foothold in South Asia

Singh claims China wants foothold in South Asia

China is seeking to expand its influence in South Asia at India's expense, Indian Prime Minister Manmohan Singh warned in rare public criticism of his country's main rival for regional resources and geopolitical clout. Singh's comments follow repeated dip
Published 08 Sep, 2010 12:00am
Singh claims China wants foothold in South Asia

Singh claims China wants foothold in South Asia

China is seeking to expand its influence in South Asia at India's expense, Indian Prime Minister Manmohan Singh warned in rare public criticism of his country's main rival for regional resources and geopolitical clout. Singh's comments follow repeated dip
Published 08 Sep, 2010 12:00am
White House concerned at US church's planned sacrilegious stunt

White House concerned at US church's planned sacrilegious stunt

The White House on Tuesday raised concern about a US church's plan to burn Holy Quran and backed its Afghan war commander's warning that it could put US troops at risk. White House spokesman Robert Gibbs reiterated comments by top US and Nato commander in
Published 08 Sep, 2010 12:00am
White House concerned at US church's planned sacrilegious stunt

White House concerned at US church's planned sacrilegious stunt

The White House on Tuesday raised concern about a US church's plan to burn Holy Quran and backed its Afghan war commander's warning that it could put US troops at risk. White House spokesman Robert Gibbs reiterated comments by top US and Nato commander in
Published 08 Sep, 2010 12:00am
Merkel to 'honour' Danish cartoonist: organisers

Merkel to 'honour' Danish cartoonist: organisers

Chancellor Angela Merkel will make a speech at an event this week 'honouring' a Danish cartoonist who sparked Muslim anger by drawing a blasphemous cartoon, organisers said. The German chancellor, 56, will make a speech on press freedom at Wednesday's cer
Published 08 Sep, 2010 12:00am
Merkel to 'honour' Danish cartoonist: organisers

Merkel to 'honour' Danish cartoonist: organisers

Chancellor Angela Merkel will make a speech at an event this week 'honouring' a Danish cartoonist who sparked Muslim anger by drawing a blasphemous cartoon, organisers said. The German chancellor, 56, will make a speech on press freedom at Wednesday's cer
Published 08 Sep, 2010 12:00am
SBP asks DFIs to submit ''''infrastructure bond'''' plans

SBP asks DFIs to submit ''''infrastructure bond'''' plans

The State Bank of Pakistan has asked the development financial institutions (DFIs) to submit their plans for ''''Infrastructure Bonds'''' in concrete shape in the next two days. Chairing a meeting of DFIs here on Tuesday at SBP head office, SBP deputy gov
Published 08 Sep, 2010 12:00am
SBP asks DFIs to submit ''infrastructure bond'' plans

SBP asks DFIs to submit ''infrastructure bond'' plans

The State Bank of Pakistan has asked the development financial institutions (DFIs) to submit their plans for ''Infrastructure Bonds'' in concrete shape in the next two days. Chairing a meeting of DFIs here on Tuesday at SBP head office, SBP deputy governo
Published 08 Sep, 2010 12:00am
SBP asks DFIs to submit 'infrastructure bond' plans

SBP asks DFIs to submit 'infrastructure bond' plans

The State Bank of Pakistan has asked the development financial institutions (DFIs) to submit their plans for 'Infrastructure Bonds' in concrete shape in the next two days. Chairing a meeting of DFIs here on Tuesday at SBP head office, SBP deputy governor
Published 08 Sep, 2010 12:00am
SBP asks DFIs to submit 'infrastructure bond' plans

SBP asks DFIs to submit 'infrastructure bond' plans

The State Bank of Pakistan has asked the development financial institutions (DFIs) to submit their plans for 'Infrastructure Bonds' in concrete shape in the next two days. Chairing a meeting of DFIs here on Tuesday at SBP head office, SBP deputy governor
Published 08 Sep, 2010 12:00am
ST payment: retailers to follow current rules: FBR

ST payment: retailers to follow current rules: FBR

The Federal Board of Revenue has allowed the retailers including jewellers, who have paid due amount of sales tax under 'special procedure for payment of sales tax by retailers' during the year 2007-08, to continue to operate under these rules till furthe
Published 08 Sep, 2010 12:00am
Three cops injured in Hangu blast

Three cops injured in Hangu blast

Three policemen, including Deputy Superintendent of Police (DSP) were injured in a bomb blast at Hangu by-pass road on Tuesday. According to police, the blast occurred at a time when the vehicle of police officials was passing through in the area. The tar
Published 08 Sep, 2010 12:00am
Marketing Thar coal projects: 'Incentives Package' developed

Marketing Thar coal projects: 'Incentives Package' developed

In order to market Thar coal projects, a comprehensive incentives package has been developed in consultation with all stakeholders, to be put before the Economic Co-ordination Committee (ECC) of the Cabinet for approval. Sources in the Planning Commission
Published 08 Sep, 2010 12:00am
Bullish sentiments dominate LSE

Bullish sentiments dominate LSE

Bullish sentiments dominated on the Lahore Stock Exchange (LSE) on Tuesday and the equities maintained upward slide under the lead of oil sector amid decreased trading turnover due to lacking investors' interest. The LSE-25 index gained 25.34 points and w
Published 08 Sep, 2010 12:00am
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