News Archives for Print - 2010-10-27

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

Aftab Ahmed assumes position as MD/CEO LSE

South Asian Federation of Exchanges (SAFE) has announced here on Tuesday that Aftab Ahmed Chaudhry the SAFE Secretary General has assumed the full time position as MD/CEO of Lahore Stock Exchange (LSE) with effect from October 22, 2010. With the assumptio

Published 27 Oct, 2010 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

Minister stresses need to enhance tax agencies' capacity

Punjab Finance Minister Tanvir Ashraf Kaira has stressed need for enhancing capacity of tax collecting agencies to increase provincial revenue. He also stressed for simplifying the system of all institutions responsible for tax collection so that industri

Published 27 Oct, 2010 12:00am

National Commodity Exchange Trading Summary

National Commodity Exchange Limited Trading Summary on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

Parliamentary Committee for judges' appointment: Senate Secretary seeks names from treasury, opposition

Secretary Senate, Raja Muhammad Amin, has written letters to Prime Minister Syed Yousuf Raza Gilani, Leader of the House in Senate Syed Nayyer Hussain Bokhari and Opposition Leader in the National Assembly, Chaudhry Nisar Ali Khan, seeking nomination for

Published 27 Oct, 2010 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

PIE plans to expand Sundar Industrial Estate

In view of emerging demand for industrial plots by the multinational companies, the Punjab Industrial Estates Development and Management Company (PIE) has planned to expand the Sundar Industrial Estate. PIE wants to develop 50 acres of land so that the mu

Published 27 Oct, 2010 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

Health officers exhorted to take measures for controlling dengue fever

In order to control and eradicate dengue virus from district Hyderabad, MNA Syed Tayab Hussain presided over a meeting of health officers, taluka administrators and district administration at Circuit House Hyderabad on Tuesday. MNA Syed Tayab Hussain said

Published 27 Oct, 2010 12:00am

Poultry Rates

Wholesale poultry rates on Tuesday (October 26, 2010) and for Wednesday (October 27, 2010)

Published 27 Oct, 2010 12:00am

Small farmers of flood-hit areas: government to provide Rs 14 billion as one-time assistance

Government will provide Rs 14 billion as one-time assistance to small farmers in flood-hit areas to boost agriculture in the country, officials at Ministry of Food and Agriculture (Minfa) said. They said under the scheme a grant of Rs 2,400 will be given

Published 27 Oct, 2010 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

'Irregular' appointments in OGDCL: National Assembly body not satisfied with report

National Assembly Standing Committee on Petroleum and Natural Resources has expressed serious reservations over Oil and Gas Development Company Limited (OGDCL) management's submission of a flawed report relating to irregular appointments in the company.

Published 27 Oct, 2010 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

Administrator takes notice of poor sanitary conditions

Administrator Fazlur Rehman has taken notice of improper sanitation condition in some towns and directed town administrators to personally monitor the cleaning and spray work in their area and to prepare co-ordinated plan for lifting and disposal of offal

Published 27 Oct, 2010 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

'Economy will witness low economic growth, high double-digit inflation'

There is a serious threat that Pakistan economy could get entrenched into a prolonged and deep stagflation unless decisive and concerted action is taken by policy makers according to the Monetary Policy Viewpoint released here on Tuesday by the Pakistan I

Published 27 Oct, 2010 12:00am

LME official prices

The following were Monday official prices.

Published 27 Oct, 2010 12:00am

Raisani meets Zardari

Chief Minister Balochistan Nawab Muhammad Aslam Raisani called on President Asif Ali Zardari here at Aiwan-e-Sadr on Tuesday. Matters relating to law and order, political situation, developmental projects in the province and measures taken for rehabilitat

Published 27 Oct, 2010 12:00am

LME official prices

The following were Monday official prices.

Published 27 Oct, 2010 12:00am

DIG Islamabad awarded for his role against terrorists

Deputy Inspector General (DIG) of Islamabad Police, Bani Amin was awarded prize for his meritorious services in fight against terrorists and other criminals. The special prize was formally awarded to him by Minister for Interior Rehman Malik as an acknowl

Published 27 Oct, 2010 12:00am

LME official plastics prices

The following were Monday official prices.

Published 27 Oct, 2010 12:00am

'Pakistan kay Hakim' launched

Senator Abdul Haseeb Khan has said the only option remains for Pakistan to flourish is to fulfil the vision of Quaid-e-Azam Mohammad Ali Jinnah in letters and spirit. He was speaking at the launching ceremony of his book "Pakistan Kay Hakim" (Rulers of Pa

Published 27 Oct, 2010 12:00am

LME official plastics prices

The following were Monday official prices.

Published 27 Oct, 2010 12:00am

Targeted killings of Kohlu labourers condemned

Pashtunkhwa Milli Awami Party (PkMAP) has strongly condemned target killing of three labourers and injuring others in Kohlu. According to a statement issued by PkMAP Provincial Secretariat on Tuesday, the party regretted that gunmen attacked a group of la

Published 27 Oct, 2010 12:00am

The Weather

The weather report on Tuesday (October 26, 2010) and the forecast for Wednesday (October 27, 2010).

Published 27 Oct, 2010 12:00am

Refund cheques to be issued only from CSTRO: LTUs, RTOs told

The Federal Board of Revenue (FBR) has directed the Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) to only allow payment of sales tax refund cheques from the Centralised Sales Tax Refund Office (CSTRO) to exporters. Sources told Business R

Published 27 Oct, 2010 12:00am

Endorsement of visas by Saudi Consulate: POEPA authorised for dropping passports in boxes

Minster for Labour and Manpower Syed Khursheed Ahmad Shah has agreed in principle, to authorise Pakistan Overseas Employment Promoters Association (POEPA) for dropping passports in boxes for endorsement of visas by Saudi Consulate by scrapping ad hoc arra
Published 27 Oct, 2010 12:00am

CCP issues show-cause notices to 18 poultry feed mills

The Competition Commission of Pakistan (CCP) has issued Show Cause Notices to 18 poultry feed mills for prima facie engaging in cartelization and collusive price fixing practices prohibited under Section 4 of the Competition Act 2010 (the 'Act').
Published 27 Oct, 2010 12:00am

'Examining Privatisation in Pakistan 2006-2010' launched

Pakistan confronts multiple challenges at present including terrorism, rehabilitation of flood-hit people and a weakening economy; all point toward an administration crisis that the government is facing from the past few years. Perhaps it's the involvemen
Published 27 Oct, 2010 12:00am

Holbrooke phones President Zardari

US Special Representative for Afghanistan and Pakistan Richard Holbrooke on Tuesday telephoned President Asif Ali Zardari and discussed matters relating to the recently held Pak-US Strategic Dialogue. They also discussed struggle against militancy and ext
Published 27 Oct, 2010 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

HSSC Part-II annual exams results announced

Controller of Examinations, Board of Intermediate Karachi (BIEK), Professor Agha Akber Mirza on Tuesday announced results of Higher Secondary School Certificate (HSSC), Part-II annual examinations 2010 of humanities (regular, private and special candidate
Published 27 Oct, 2010 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (October 26, 2010)

Published 27 Oct, 2010 12:00am

Trade bodies asked to request members to curtail gas consumption

Sui Southern Gas Company (SSGC) has appealed to the trade associations to request their respective members to curtail gas consumption of their business units voluntarily by 20 percent for certain period due to gas shortage.
Published 27 Oct, 2010 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (October 26, 2010)

Published 27 Oct, 2010 12:00am

Amir gets best CIO of the year award

Pakistan Software Houses Association (P@SHA) has awarded its Best CIO of the Year (Public Sector) to Muhammad Amir Malik, Director (ICT), Pakistan Telecommunication Authority for his outstanding contribution towards the development of ICT sector of the co
Published 27 Oct, 2010 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (October 26, 2010)

Published 27 Oct, 2010 12:00am

Bilour agrees on running special cargo trains to transport ATTA goods

Federal Minister for Railways, Ghulam Ahmad Bilour on Tuesday agreed with suggestion about running of special cargo trains, twice in a week, from Karachi to Peshawar for transportation of goods imported under Afghan Transit Trade Agreement (ATTA).
Published 27 Oct, 2010 12:00am

Member to Member

The following transactions member to member subsequently reported on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

Access to European markets: Pakistan lauds British Prime Minister's support

Pakistan on Tuesday lauded the support of British Prime Minister David Cameron in getting access to European markets, which has not only helped strengthen Pakistan economy but also proved a big blow to terrorists, said Rehman Malik, Federal Minister for I
Published 27 Oct, 2010 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

Lotte's profit after tax rises to Rs 3.186 billion

The profit after tax of Lotte Pakistan PTA has increased to Rs 3.186 billion in the nine month period ended September 30, 2010 as compared to Rs 2.164 billion earned in the corresponding period in 2009. The board of directors of the company in its meeting
Published 27 Oct, 2010 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

Lotte's profit after tax rises to Rs 3.186 billion

The profit after tax of Lotte Pakistan PTA has increased to Rs 3.186 billion in the nine month period ended September 30, 2010 as compared to Rs 2.164 billion earned in the corresponding period in 2009. The board of directors of the company in its meeting
Published 27 Oct, 2010 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

TI report: Jamaat-i-Islami submits two adjournment motions to Senate Secretariat

Jamaat-e-Islami (JI) on Tuesday submitted two adjournment motions to Senate Secretariat expressing concerns over the report of Transparency International ranking Pakistan 34th in the global list of most corrupt countries and repeated bomb attacks on shrin
Published 27 Oct, 2010 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

Government urged to conduct survey of cotton production

Industrialists have urged the government to conduct survey to ascertain exact figure of cotton production in the country to have a complete picture of cotton production figures. Talking to Business Recorder, Chairman Federal B. Area Association of Trade a
Published 27 Oct, 2010 12:00am

Insurance: EFU GENERAL INSURANCE LIMITED - Analysis of Financial Statements Financial Year 2004 - 1H 2010

The insurance industry of Pakistan forms a meagre part of the GDP as compared to other nations of the world. With penetration of merely 0.5%, the industry is still in its nascent stage in consequent of lower demand.
Published 27 Oct, 2010 12:00am

MQM delegation calls on Prime Minister

A delegation of Muttahida Qaumi Movement (MQM) called on prime minister Syed Yousuf Raza Gilani at the Governor House here on Tuesday. The delegation comprised MQM's deputy convenor and federal minister for overseas Pakistanis Dr Farooq Sattar, and federa
Published 27 Oct, 2010 12:00am

Insurance: EFU GENERAL INSURANCE LIMITED - Analysis of Financial Statements Financial Year 2004 - 1H 2010

The insurance industry of Pakistan forms a meagre part of the GDP as compared to other nations of the world. With penetration of merely 0.5%, the industry is still in its nascent stage in consequent of lower demand.
Published 27 Oct, 2010 12:00am

Textile manufacturers: SAI concerned over one percent cess on annual turnover

Site Association of Industry (SAI) has showed its concern regarding the anticipated cess of one percent of annual turnover on textile manufacturers, dealers of textiles & textile allied industry.
Published 27 Oct, 2010 12:00am

THE RUPEE: dollar down marginally

Firmness prevailed on the currency market on Tuesday as the rupee struggled to bring back some lustre in process of easy supply of dollars, dealers said. The rupee inched up by one paisa against dollar for buying at 85.84 and it also rose by two paisa for
Published 27 Oct, 2010 12:00am

Taxpayer ledger system key component of RGST: World Bank

The World Bank review mission has observed that the introduction of the taxpayer ledger system is a key component of the reformed general sales tax (RGST) as it will document financial transactions of the registered persons after implementation of RGST.
Published 27 Oct, 2010 12:00am

THE RUPEE: dollar down marginally

Firmness prevailed on the currency market on Tuesday as the rupee struggled to bring back some lustre in process of easy supply of dollars, dealers said. The rupee inched up by one paisa against dollar for buying at 85.84 and it also rose by two paisa for
Published 27 Oct, 2010 12:00am

Government taking steps to facilitate flow of remittances: Senate panel informed

The Senate Standing Committee on Overseas Pakistanis was informed on Tuesday that the government is taking measures to boost the flow of foreign remittances through normal banking channels reducing time in transfer of hard earned foreign exchange by overs
Published 27 Oct, 2010 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

CPSP considering to hold online exams for FCPS-I

President College of Physicians and Surgeons Pakistan (CPSP) Professor Zafarullah Chaudhry has said due to increasing number of FCPS-I candidates every year we are considering to hold online examination. He was talking to professors and supervisors at Fat
Published 27 Oct, 2010 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

Government mulls over signing two extradition treaties

The government is deliberating to ink two extradition treaties, the Council of Europe Treaty, and OAF (Operation Allied Forces) Convention, sources in Interior Ministry said. The government is minutely studying these treaties to ensure that they will not
Published 27 Oct, 2010 12:00am

Income tax returns: 50,000 sales tax registered persons issued notices

The Federal Board of Revenue (FBR) has issued warning notices to 50,000 taxpayers, registered with the sales tax department, to electronically file their income tax returns and wealth statements for the tax year 2010, otherwise maximum penalty, up to 25 p
Published 27 Oct, 2010 12:00am

Changes in Islamabad rent law: Cabinet may approve bill today

The Federal Cabinet, which is scheduled to meet on Wednesday in Governor House, Lahore, is expected to approve the Islamabad Rent Restriction (Amendment) Bill, 2010.
Published 27 Oct, 2010 12:00am

Morocco grain estimated down 27 percent

Following are selected highlights from a report issued by a US Department of Agriculture attache in Morocco: "Morocco's grain production in 2009/10 is estimated at 7.46 million MT, about 27 percent lower than the record harvest in 2008/09.
Published 27 Oct, 2010 12:00am

Changes in Islamabad rent law: Cabinet may approve bill today

The Federal Cabinet, which is scheduled to meet on Wednesday in Governor House, Lahore, is expected to approve the Islamabad Rent Restriction (Amendment) Bill, 2010.
Published 27 Oct, 2010 12:00am

FOB Gulf soyabean offers hold amid steady China's demand

US soyabean export premiums at the US Gulf Coast held about steady on Monday, supported by good demand from China, while corn and wheat premiums were flat amid slow demand, traders said. Nearby offers at the Gulf were unquoted as most elevation capacity w
Published 27 Oct, 2010 12:00am

Flood-hit areas: fresh loans sought for reconstruction

The government has asked the donors to extend fresh lending for reconstruction of flood-hit areas, adding that prioritising of funds for ongoing projects would not be acceptable, Business Recorder has learnt. Donors raised question over the respons
Published 27 Oct, 2010 12:00am

US corn futures end higher

US corn futures closed higher on Monday on support from the weak dollar as investors bet on commodities like corn as a hedge against inflation. Strong gains in soya, firm crude oil and talk China may be buying US corn also supportive. CBOT December up 8-3
Published 27 Oct, 2010 12:00am

Flood-hit areas: fresh loans sought for reconstruction

The government has asked the donors to extend fresh lending for reconstruction of flood-hit areas, adding that prioritising of funds for ongoing projects would not be acceptable, Business Recorder has learnt. Donors raised question over the respons
Published 27 Oct, 2010 12:00am

EU wheat edges higher

European wheat futures edged higher on Monday following a rise on US grain markets on a fall in the dollar, but the strength of the euro also kept a lid on prices, traders said. Benchmark January milling wheat closed up 0.75 euros at 208.50 euros a tonne.
Published 27 Oct, 2010 12:00am

Flood-hit areas: fresh loans sought for reconstruction

The government has asked the donors to extend fresh lending for reconstruction of flood-hit areas, adding that prioritising of funds for ongoing projects would not be acceptable, Business Recorder has learnt. Donors raised question over the respons
Published 27 Oct, 2010 12:00am

US Midwest bids firm as pace of harvest, farmer sales slow

Spot basis bids for corn and soyabeans were steady to firm around the US Midwest on Monday as the pace of harvest and farmer sales slowed, grain merchants said. Harvest of both crops nearing completion and deliveries of fresh supplies from the field to pr
Published 27 Oct, 2010 12:00am

Imposition of flood surcharge: no action yet by Finance on FBR proposals

The Ministry of Finance has not yet taken any action on the taxation proposals of the Federal Board of Revenue (FBR) to generate additional revenue of around Rs 100 billion for the flood victims through imposition of income tax surcharge, sales tax surcha
Published 27 Oct, 2010 12:00am

US wheat futures firm for second straight day

US wheat futures closed higher for the second trading session in a row on Monday, supported by a weak dollar that makes commodities attractive to investors seeking a hedge against inflation. News late last week that Russia would retain its ban on grain ex
Published 27 Oct, 2010 12:00am

Imposition of flood surcharge: no action yet by Finance on FBR proposals

The Ministry of Finance has not yet taken any action on the taxation proposals of the Federal Board of Revenue (FBR) to generate additional revenue of around Rs 100 billion for the flood victims through imposition of income tax surcharge, sales tax surcha
Published 27 Oct, 2010 12:00am

UN buys 14,000 tonnes of Bangladeshi wheat

A United Nations aid agency has purchased 14,000 tonnes of wheat for donation to Bangladesh, European traders said on Tuesday. The wheat was for shipment between November 10-December 10. Origin was thought to be east European, possibly from Ukraine's whea
Published 27 Oct, 2010 12:00am

Imposition of flood surcharge: no action yet by Finance on FBR proposals

The Ministry of Finance has not yet taken any action on the taxation proposals of the Federal Board of Revenue (FBR) to generate additional revenue of around Rs 100 billion for the flood victims through imposition of income tax surcharge, sales tax surcha
Published 27 Oct, 2010 12:00am

Message from Chief Executive Officer, Sidat Hyder Morshed Associates (Pvt) Limited

On behalf of Sidat Hyder Morshed Associates, I extend a warm welcome to all the sponsors, speakers, panellists and delegates who have come to attend the 9th annual Best Practices Day 2010. In a business climate of constant change, individual organisations
Published 27 Oct, 2010 12:00am

Raw sugar import plan in jeopardy

The government's raw sugar import plan is in jeopardy as Pakistan Sugar Mills Association (PSMA) has expressed its inability to import raw sugar due to higher prices in the international market. This was the outcome of almost two-hour long meeting of the
Published 27 Oct, 2010 12:00am

Message from Director, Sidat Hyder Morshed Associates (Pvt) Limited

On behalf of the HR consulting division at Sidat Hyder Morshed Associates, I would like to take this opportunity to welcome you to the 9th annual Best Practices Day. We feel immense pleasure at hosting an event which provides a platform for 'learning thro
Published 27 Oct, 2010 12:00am

Raw sugar import plan in jeopardy

The government's raw sugar import plan is in jeopardy as Pakistan Sugar Mills Association (PSMA) has expressed its inability to import raw sugar due to higher prices in the international market. This was the outcome of almost two-hour long meeting of the
Published 27 Oct, 2010 12:00am

Message from Managing Director, English Biscuit Manufacturers (Pvt) Limited

A lot has happened both in Pakistan and in the world in the one year since Best Practices Day was held last year. Unfortunately most of it has been negative. World poverty, environmental degradation and civil strife have all increased. The recent floods h
Published 27 Oct, 2010 12:00am

Raw sugar import plan in jeopardy

The government''s raw sugar import plan is in jeopardy as Pakistan Sugar Mills Association (PSMA) has expressed its inability to import raw sugar due to higher prices in the international market. This was the outcome of almost two-hour long meeting of the
Published 27 Oct, 2010 12:00am

Ethical leadership as a key business driver

Often to be heard from experienced business leaders and managers is the notion that "instilling ethics in the code of doing business enhances success rate in the longer run." Even more so, "Ethics should be at the core of the value system of an organisati
Published 27 Oct, 2010 12:00am

Key economic reforms: Obama encourages Zardari to work for passage

US President Barack Obama and Asif Ali Zardari agreed in a phone call Tuesday that more needs to be done to combat terror groups in Pakistan, the White House said. "Both President Obama and President Zardari acknowledged that more work needed to be done t
Published 27 Oct, 2010 12:00am

English Biscuit Manufacturers (Private) Limited

English Biscuit Manufacturers (Pvt) Ltd, (EBM), is the country's leading manufacturer to biscuits and cookies since 1967, with an annual sales volume and production capacity is excess of Rs 12 billion and 80,000 tons respectively.
Published 27 Oct, 2010 12:00am

Key economic reforms: Obama encourages Zardari to work for passage

US President Barack Obama and Asif Ali Zardari agreed in a phone call Tuesday that more needs to be done to combat terror groups in Pakistan, the White House said. "Both President Obama and President Zardari acknowledged that more work needed to be done t
Published 27 Oct, 2010 12:00am

SAP delivering IT-powered business innovation

As the world's leading provider of business software, SAP delivers products and services that help accelerate business innovation for our customers. We believe that doing so will unleash growth and create significant new value - for our customers, SAP, an
Published 27 Oct, 2010 12:00am

2,936 dengue fever cases confirmed across country

National Health Institute has confirmed 2,936 dengue fever cases across the country, whereas death toll mounts to 21. Data provided by the institute revealed that 1,685 cases have been reported in Sindh alone, and the number of death toll reached 16 in th
Published 27 Oct, 2010 12:00am

Hilton Pharma (Private) Limited

Hilton Pharma is a member of the well-known Progressive Group of Companies. Combining the best of Pakistani cultural values, entrepreneurship, a strong work ethic and strict compliance with current Good Manufacturing Practices (cGMP), Hilton has emerged a
Published 27 Oct, 2010 12:00am

2,936 dengue fever cases confirmed across country

National Health Institute has confirmed 2,936 dengue fever cases across the country, whereas death toll mounts to 21. Data provided by the institute revealed that 1,685 cases have been reported in Sindh alone, and the number of death toll reached 16 in th
Published 27 Oct, 2010 12:00am

Learning from global best business practices

Best practices is concerned with not just cost saving ideas, but rather represents an evolution in business psychology. Many global corporate giants started decades ago by single entrepreneurs as small business set-ups. Three factors have contributed to t
Published 27 Oct, 2010 12:00am

40 percent population living around poverty line: SBP

Poverty ratio in the country is rapidly rising due to economic slowdown, high inflation and reduction in subsidies, and as per State Bank of Pakistan estimates some 40 percent of population in the country lives around the poverty line.
Published 27 Oct, 2010 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 27 Oct, 2010 12:00am

40 percent population living around poverty line: SBP

Poverty ratio in the country is rapidly rising due to economic slowdown, high inflation and reduction in subsidies, and as per State Bank of Pakistan estimates some 40 percent of population in the country lives around the poverty line.
Published 27 Oct, 2010 12:00am

Karachi interbank rates

Karachi interbank rates on Tuesday (October 26, 2010).

Published 27 Oct, 2010 12:00am

40 percent population living around poverty line: SBP

Poverty ratio in the country is rapidly rising due to economic slowdown, high inflation and reduction in subsidies, and as per State Bank of Pakistan estimates some 40 percent of population in the country lives around the poverty line.
Published 27 Oct, 2010 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 27 Oct, 2010 12:00am

Index sheds 45.56 points

KSE-100 index on Tuesday lost 45.56 points because of heavy selling pressure in Karachi share market, and the index closed at 10,658.15 points from 10,703.71 points. At one satge, the index hit 10,746.82 points intra-day high while it also touched 10,639.
Published 27 Oct, 2010 12:00am

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 11	252.63
Diesel/Litre / May 11	256.64

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.09
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,544,491 ▲ 2.45
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,517,642 ▲ 0.05

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