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Print - 2010-10-17
Chairman IAASB and executive director IFAC's to visit Pakistan

Chairman IAASB and executive director IFAC's to visit Pakistan

Chairman International Auditing and Assurance Standards Board (IAASB) Professor Arnold Schilder and Executive Director, Professional Standards, International Federation of Accountants (IFAC) James M. Sylph will visit Pakistan. During their three-day visit
Published 17 Oct, 2010 12:00am
MQM for a peaceful revolution: Altaf

MQM for a peaceful revolution: Altaf

Muttahida Qaumi Movement (MQM), Chief Altaf Hussain on Saturday said we are peace-loving and we not only want to contest election in peaceful manner but also intend to bring a peaceful revolution in the country. He was addressing via telephone to the part
Published 17 Oct, 2010 12:00am
List of textile products for EU

List of textile products for EU

Dr Mirza Ikhtiar Baig, Federal Advisor on Textile, has forwarded a list of additional textile products requesting EU to include in the list of the duty-free items imported by EU from Pakistan.

Published 17 Oct, 2010 12:00am
Woman farmers demand land ownership to defeat hunger

Woman farmers demand land ownership to defeat hunger

Floods have displaced over 20 million people from their homes and destroyed over 2 million hectares of crops, raising fears of growing hunger and malnutrition among poor people - "If we are to defeat hunger, we must empower and facilitate small farmers, e
Published 17 Oct, 2010 12:00am
Government urged to review APTTA

Government urged to review APTTA

Acting President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Mohammed Mansha Churra has urged the government to review Afghanistan Pakistan Transit Trade Agreement (APTTA) and include a condition that Afghan imports must pay duty at
Published 17 Oct, 2010 12:00am
Oxford launches book on qualitative research in education

Oxford launches book on qualitative research in education

Oxford University Press and Society of Pakistan English Language Teachers (SPELT) has launched the book Perils, Pitfalls and Reflexivity in Qualitative Research in Education edited by Fauzia Shamim and Rashida Qureshi. Speaking at the book launching cerem
Published 17 Oct, 2010 12:00am
'Bench-Bar tiff to damage judicial system'

'Bench-Bar tiff to damage judicial system'

Member Pakistan Bar Council and former president Supreme Court Bar Association (SCBA) Hamid Khan viewed that confrontation between Bench and Bar would badly damage judicial system in the country. He said this while addressing a luncheon organised by Profe
Published 17 Oct, 2010 12:00am
Indian Muslims to appeal Babri Masjid ruling

Indian Muslims to appeal Babri Masjid ruling

An Indian Muslim forum Saturday said it would contest a court ruling which divided a contested religious site between Hindus and Muslims in a verdict seen as favouring the Hindu litigants. The All India Muslim Personal Law Board, a private body set up in
Published 17 Oct, 2010 12:00am
Indian Muslims to appeal Babri Masjid ruling

Indian Muslims to appeal Babri Masjid ruling

An Indian Muslim forum Saturday said it would contest a court ruling which divided a contested religious site between Hindus and Muslims in a verdict seen as favouring the Hindu litigants. The All India Muslim Personal Law Board, a private body set up in
Published 17 Oct, 2010 12:00am
Two Russian giants may invest in IP gas line, Steel Mills: BoI

Two Russian giants may invest in IP gas line, Steel Mills: BoI

Two Russian industry giants are likely to invest in construction of Iran-Pakistan gas pipeline, and expansion in Pakistan Steel Mills Corporation, if Pakistan agrees to provide them sovereign guarantees. This was stated exclusively to Business Recorder
Published 17 Oct, 2010 12:00am
Two Russian giants may invest in IP gas line, Steel Mills: BoI

Two Russian giants may invest in IP gas line, Steel Mills: BoI

Two Russian industry giants are likely to invest in construction of Iran-Pakistan gas pipeline, and expansion in Pakistan Steel Mills Corporation, if Pakistan agrees to provide them sovereign guarantees. This was stated exclusively to Business Recorder
Published 17 Oct, 2010 12:00am
Two Russian giants may invest in IP gas line, Steel Mills: BoI

Two Russian giants may invest in IP gas line, Steel Mills: BoI

Two Russian industry giants are likely to invest in construction of Iran-Pakistan gas pipeline, and expansion in Pakistan Steel Mills Corporation, if Pakistan agrees to provide them sovereign guarantees. This was stated exclusively to Business Recorder
Published 17 Oct, 2010 12:00am
PPP dissidents launch anti-Zardari drive

PPP dissidents launch anti-Zardari drive

While criticising party's leadership for ignoring the genuine workers, Pakistan People's Party (PPP) dissidents on Saturday announced launching a campaign to remove Party's co-chairman and President Asif Ali Zardari.
Published 17 Oct, 2010 12:00am
PPP dissidents launch anti-Zardari drive

PPP dissidents launch anti-Zardari drive

While criticising party's leadership for ignoring the genuine workers, Pakistan People's Party (PPP) dissidents on Saturday announced launching a campaign to remove Party's co-chairman and President Asif Ali Zardari.
Published 17 Oct, 2010 12:00am
Faysal Bank takes over controlling interest of RBS Pakistan

Faysal Bank takes over controlling interest of RBS Pakistan

Faysal Bank Limited has announced take over of the controlling interest in the Pakistan operations of Royal Bank of Scotland Limited (RBS Pakistan), from the RBS Group for Euro 41 million, thereby achieving a significant milestone in its growth strategy.
Published 17 Oct, 2010 12:00am
Faysal Bank takes over controlling interest of RBS Pakistan

Faysal Bank takes over controlling interest of RBS Pakistan

Faysal Bank Limited has announced take over of the controlling interest in the Pakistan operations of Royal Bank of Scotland Limited (RBS Pakistan), from the RBS Group for Euro 41 million, thereby achieving a significant milestone in its growth strategy.
Published 17 Oct, 2010 12:00am
Faysal Bank takes over controlling interest of RBS Pakistan

Faysal Bank takes over controlling interest of RBS Pakistan

Faysal Bank Limited has announced take over of the controlling interest in the Pakistan operations of Royal Bank of Scotland Limited (RBS Pakistan), from the RBS Group for Euro 41 million, thereby achieving a significant milestone in its growth strategy.
Published 17 Oct, 2010 12:00am
''Energy crisis, terrorism, RGST, major threats to economy''

''Energy crisis, terrorism, RGST, major threats to economy''

Punjab regional chairman of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Muhammad Adrees, has termed the energy crisis, terrorism, imposition of reformed GST and double-digit mark up as major threats to the country''s economy. He
Published 17 Oct, 2010 12:00am
'Energy crisis, terrorism, RGST, major threats to economy'

'Energy crisis, terrorism, RGST, major threats to economy'

Punjab regional chairman of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Muhammad Adrees, has termed the energy crisis, terrorism, imposition of reformed GST and double-digit mark up as major threats to the country's economy. He w
Published 17 Oct, 2010 12:00am
'Energy crisis, terrorism, RGST, major threats to economy'

'Energy crisis, terrorism, RGST, major threats to economy'

Punjab regional chairman of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Muhammad Adrees, has termed the energy crisis, terrorism, imposition of reformed GST and double-digit mark up as major threats to the country's economy. He w
Published 17 Oct, 2010 12:00am
Turkmens open Russia-bound gas route

Turkmens open Russia-bound gas route

Turkmenistan inaugurated a pipeline on Saturday that will help boost exports of natural gas to Russia. The 200-kilometer route links reserves in the barren Karakum desert to a compressor station that feeds into the Soviet-built Central-Asia-Center pipelin
Published 17 Oct, 2010 12:00am
Turkmens open Russia-bound gas route

Turkmens open Russia-bound gas route

Turkmenistan inaugurated a pipeline on Saturday that will help boost exports of natural gas to Russia. The 200-kilometer route links reserves in the barren Karakum desert to a compressor station that feeds into the Soviet-built Central-Asia-Center pipelin
Published 17 Oct, 2010 12:00am
Turkmens open Russia-bound gas route

Turkmens open Russia-bound gas route

Turkmenistan inaugurated a pipeline on Saturday that will help boost exports of natural gas to Russia. The 200-kilometer route links reserves in the barren Karakum desert to a compressor station that feeds into the Soviet-built Central-Asia-Center pipelin
Published 17 Oct, 2010 12:00am
Edible oil importers: FWO Jetty accused of overcharging

Edible oil importers: FWO Jetty accused of overcharging

The Pakistan Vanaspati Manufacturers Association (PVMA) has accused FWO Jetty-Liquid Cargo Terminal (LCT)--of overcharging edible oil imports from Malaysia. In a letter to the Minister for Industries and Production, Hazar Khan Bijarani, Secretary General,
Published 17 Oct, 2010 12:00am
Edible oil importers: FWO Jetty accused of overcharging

Edible oil importers: FWO Jetty accused of overcharging

The Pakistan Vanaspati Manufacturers Association (PVMA) has accused FWO Jetty-Liquid Cargo Terminal (LCT)--of overcharging edible oil imports from Malaysia. In a letter to the Minister for Industries and Production, Hazar Khan Bijarani, Secretary General,
Published 17 Oct, 2010 12:00am
Edible oil importers: FWO Jetty accused of overcharging

Edible oil importers: FWO Jetty accused of overcharging

The Pakistan Vanaspati Manufacturers Association (PVMA) has accused FWO Jetty-Liquid Cargo Terminal (LCT)--of overcharging edible oil imports from Malaysia. In a letter to the Minister for Industries and Production, Hazar Khan Bijarani, Secretary General,
Published 17 Oct, 2010 12:00am
Total says has halted oil products trade with Iran

Total says has halted oil products trade with Iran

French oil major Total has halted all its trade in oil products with Iran in compliance with a European embargo, Total Chief Executive Christophe de Margerie said in an interview. Total was one of several European oil companies that had been resisting pre
Published 17 Oct, 2010 12:00am
Total says has halted oil products trade with Iran

Total says has halted oil products trade with Iran

French oil major Total has halted all its trade in oil products with Iran in compliance with a European embargo, Total Chief Executive Christophe de Margerie said in an interview. Total was one of several European oil companies that had been resisting pre
Published 17 Oct, 2010 12:00am
Total says has halted oil products trade with Iran

Total says has halted oil products trade with Iran

French oil major Total has halted all its trade in oil products with Iran in compliance with a European embargo, Total Chief Executive Christophe de Margerie said in an interview. Total was one of several European oil companies that had been resisting pre
Published 17 Oct, 2010 12:00am
Ban of pillion riding lifted

Ban of pillion riding lifted

Sindh Home Minister Dr Zulfiqar Mirza has announced to lift the ban on pillion riding in Karachi and Hyderabad, Aaj News reported on Saturday. Talking to media in Hyderabad, Mirza said that the law and order situation had improved in the province,
Published 17 Oct, 2010 12:00am
Ban of pillion riding lifted

Ban of pillion riding lifted

Sindh Home Minister Dr Zulfiqar Mirza has announced to lift the ban on pillion riding in Karachi and Hyderabad, Aaj News reported on Saturday. Talking to media in Hyderabad, Mirza said that the law and order situation had improved in the province,
Published 17 Oct, 2010 12:00am
Body to investigate news

Body to investigate news

The Ministry of Information Saturday, on the orders of the Supreme Court, has formed an inquiry committee to investigate the factors behind the news about revoking the notification of judges' reinstatement. Najeebullah Khan, Dr Abdul Jabbar, Hameed Haroon
Published 17 Oct, 2010 12:00am
Body to investigate news

Body to investigate news

The Ministry of Information Saturday, on the orders of the Supreme Court, has formed an inquiry committee to investigate the factors behind the news about revoking the notification of judges' reinstatement. Najeebullah Khan, Dr Abdul Jabbar, Hameed Haroon
Published 17 Oct, 2010 12:00am
North Korea threatens: '1,000-fold' increase in weapons

North Korea threatens: '1,000-fold' increase in weapons

North Korea's media on Saturday threatened "1,000-fold" military buildup as the United States ruled out lifting sanctions to try to coax Pyongyang into resuming talks aimed at its nuclear weapons programs. Last year, North Korea quit the nuclear disarmame
Published 17 Oct, 2010 12:00am
Kitchen items prices maintain rising trend

Kitchen items prices maintain rising trend

The price of most of the essential kitchen items increased during this week, according to a survey carried out by Business Recorder on Saturday. The food items whose prices registered increase were onions, tomatoes, potatoes, chicken, sugar, wheat
Published 17 Oct, 2010 12:00am
Government urged to check corruption in customs department

Government urged to check corruption in customs department

The World Bank (WB) has informed the Federal Board of Revenue (FBR) that the government of Pakistan should demonstrate commitment to check corruption in the customs department for developing a system based on integrity to raise revenue collection.
Published 17 Oct, 2010 12:00am
Government urged to check corruption in customs department

Government urged to check corruption in customs department

The World Bank (WB) has informed the Federal Board of Revenue (FBR) that the government of Pakistan should demonstrate commitment to check corruption in the customs department for developing a system based on integrity to raise revenue collection.
Published 17 Oct, 2010 12:00am
Government urged to check corruption in customs department

Government urged to check corruption in customs department

The World Bank (WB) has informed the Federal Board of Revenue (FBR) that the government of Pakistan should demonstrate commitment to check corruption in the customs department for developing a system based on integrity to raise revenue collection.
Published 17 Oct, 2010 12:00am
Oil prices deregulation approved

Oil prices deregulation approved

The Economic Co-ordination Committee (ECC) of the Cabinet has approved, in principle, de-regulation of oil prices and Inland Freight Equalisation Margin (IFEM). The ECC has also approved to fix margins of oil marketing companies (OMCs) and dealers which w
Published 17 Oct, 2010 12:00am
Oil prices deregulation approved

Oil prices deregulation approved

The Economic Co-ordination Committee (ECC) of the Cabinet has approved, in principle, de-regulation of oil prices and Inland Freight Equalisation Margin (IFEM). The ECC has also approved to fix margins of oil marketing companies (OMCs) and dealers which w
Published 17 Oct, 2010 12:00am
Oil prices deregulation approved

Oil prices deregulation approved

The Economic Co-ordination Committee (ECC) of the Cabinet has approved, in principle, de-regulation of oil prices and Inland Freight Equalisation Margin (IFEM). The ECC has also approved to fix margins of oil marketing companies (OMCs) and dealers which w
Published 17 Oct, 2010 12:00am
FBR compiles province-wise data of key services

FBR compiles province-wise data of key services

The Federal Board of Revenue (FBR) for the first time has compiled a province-wise data of over 25-30 key services to know about the exact sales tax payments and input tax adjustment claimed by the service providers for smooth enforcement of the ''reforme
Published 17 Oct, 2010 12:00am
FBR compiles province-wise data of key services

FBR compiles province-wise data of key services

The Federal Board of Revenue (FBR) for the first time has compiled a province-wise data of over 25-30 key services to know about the exact sales tax payments and input tax adjustment claimed by the service providers for smooth enforcement of the 'reformed
Published 17 Oct, 2010 12:00am
FBR compiles province-wise data of key services

FBR compiles province-wise data of key services

The Federal Board of Revenue (FBR) for the first time has compiled a province-wise data of over 25-30 key services to know about the exact sales tax payments and input tax adjustment claimed by the service providers for smooth enforcement of the 'reformed
Published 17 Oct, 2010 12:00am
Nisar challenges Deedar's appointment in Supreme Court

Nisar challenges Deedar's appointment in Supreme Court

Opposition leader in National Assembly Chaudhry Nisar Ali Khan on Saturday challenged appointment of former Justice Deedar Hussain Shah as chairman National Accountability Bureau (NAB) in the Supreme Court. Advocate Akram Sheikh filed the petition in the
Published 17 Oct, 2010 12:00am
Nisar challenges Deedar's appointment in Supreme Court

Nisar challenges Deedar's appointment in Supreme Court

Opposition leader in National Assembly Chaudhry Nisar Ali Khan on Saturday challenged appointment of former Justice Deedar Hussain Shah as chairman National Accountability Bureau (NAB) in the Supreme Court. Advocate Akram Sheikh filed the petition in the
Published 17 Oct, 2010 12:00am
The Weather

The Weather

The weather report on Saturday (October 16, 2010) and the forecast for Sunday (October 17, 2010).

Published 17 Oct, 2010 12:00am
Section 144 imposed

Section 144 imposed

Intelligence agencies have informed the government that there might be terror attacks on polling stations during the by-election in PS 94. This was disclosed by Brigadier Wasim Ayub, Commander, Sachal Rangers, who was accompanied by Deputy Inspector Gener
Published 17 Oct, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
Section 144 imposed

Section 144 imposed

Intelligence agencies have informed the government that there might be terror attacks on polling stations during the by-election in PS 94. This was disclosed by Brigadier Wasim Ayub, Commander, Sachal Rangers, who was accompanied by Deputy Inspector Gener
Published 17 Oct, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (October 16, 2010) and for Sunday (October 17, 2010)
Published 17 Oct, 2010 12:00am
18 killed in Karachi on eve of PS 94 by-poll

18 killed in Karachi on eve of PS 94 by-poll

The spate of targeted killings in the city continued on Saturday, as 18 more people were killed in different areas of the city on the eve of PS 94 by-poll. Orangi Town and Nazimabad were the worst affected areas. With the flare up in violence, tension gri
Published 17 Oct, 2010 12:00am
18 killed in Karachi on eve of PS 94 by-poll

18 killed in Karachi on eve of PS 94 by-poll

The spate of targeted killings in the city continued on Saturday, as 18 more people were killed in different areas of the city on the eve of PS 94 by-poll. Orangi Town and Nazimabad were the worst affected areas. With the flare up in violence, tension gri
Published 17 Oct, 2010 12:00am
Prime Minister, army chief meet President

Prime Minister, army chief meet President

President Asif Ali Zaradri, Prime Minister Yousaf Raza Gilani and Chief of Army Staff General Ashfaq Parvez Kayani have decided 'tit for tat' response if Nato forces again violate Pakistan's territory. Sources told Business Recorder that the troika
Published 17 Oct, 2010 12:00am
Prime Minister, army chief meet President

Prime Minister, army chief meet President

President Asif Ali Zaradri, Prime Minister Yousaf Raza Gilani and Chief of Army Staff General Ashfaq Parvez Kayani have decided 'tit for tat' response if Nato forces again violate Pakistan's territory. Sources told Business Recorder that the troika
Published 17 Oct, 2010 12:00am
Pakistan rejects Indian army chief's allegations

Pakistan rejects Indian army chief's allegations

Pakistan on Saturday took a serious exception to reported statement of Indian Army Chief about his threat perception from Pakistan, war under a nuclear scenario and uncalled for and gratuitous comments on the internal affairs of Pakistan. In a statement,
Published 17 Oct, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
Pakistan rejects Indian army chief's allegations

Pakistan rejects Indian army chief's allegations

Pakistan on Saturday took a serious exception to reported statement of Indian Army Chief about his threat perception from Pakistan, war under a nuclear scenario and uncalled for and gratuitous comments on the internal affairs of Pakistan. In a statement,
Published 17 Oct, 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 Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (October 16, 2010).

Published 17 Oct, 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 Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (October 16, 2010).

Published 17 Oct, 2010 12:00am