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Print - 2010-11-02
Additional portfolio for Dr Firdous

Additional portfolio for Dr Firdous

In terms of rule 3(4) of the Rules of Business, 1973 the Prime Minister has been pleased to allocate, with immediate effect, the additional portfolio of Women Development to Dr Firdous Ashiq Awan, Minister for Population Welfare.
Published 02 Nov, 2010 12:00am
Tetra Pak wins excellence award

Tetra Pak wins excellence award

Tetra Pak, world's leading food processing and packaging company, won laurels for the country at the recently held Asian CSR Awards 2010 in Kuala Lumpur by winning the Excellence Award in the Poverty Alleviation category. The prestigious Award was given f
Published 02 Nov, 2010 12:00am
HRCP meeting discusses problems of Third Gender

HRCP meeting discusses problems of Third Gender

In a presentation entitled 'Problems of Third Gender - The sociology of Transvestites in Sindh', Human rights activist and writer of a book on the subject of transvestites, Akhter Baloch discussed their day-to-day life, customs and perception of the socie
Published 02 Nov, 2010 12:00am
Flood rehabilitation: Zardari asks Sindh government to form a ministry

Flood rehabilitation: Zardari asks Sindh government to form a ministry

President Asif Ali Zardari on Monday advised Sindh government to create a separate ministry for overseeing the flood rehabilitation and reconstruction efforts in the province. He was addressing a meeting of the Sindh ministers belonging to PPP here at the
Published 02 Nov, 2010 12:00am
Indus Motor concerned at 8-hour power loadshedding

Indus Motor concerned at 8-hour power loadshedding

Indus Motor Company Ltd (IMC) has expressed deep concern over 8-hour daily electricity load shedding, which is causing immense harm to the automobile manufacturing industry.
Published 02 Nov, 2010 12:00am
Notice served on TV anchor

Notice served on TV anchor

The Pakistan International Airlines Corporation served a legal notice upon a TV channel (not Aaj News) anchor for having uttered defamatory, false and libelous statements against the Corporation and its management representatives through his progra
Published 02 Nov, 2010 12:00am
BankIslami posts quarterly profit of Rs 17 million

BankIslami posts quarterly profit of Rs 17 million

BankIslami Pakistan Limited announced its quarterly results ending September 30, 2010 which shows a net profit of Rs 17 million for the quarter. In spite of the withdrawals from the branches in the flood-affected areas; the bank deposits grew by 18% for t
Published 02 Nov, 2010 12:00am
BankIslami posts quarterly profit of Rs 17 million

BankIslami posts quarterly profit of Rs 17 million

BankIslami Pakistan Limited announced its quarterly results ending September 30, 2010 which shows a net profit of Rs 17 million for the quarter. In spite of the withdrawals from the branches in the flood-affected areas; the bank deposits grew by 18% for t
Published 02 Nov, 2010 12:00am
Profit after tax of Telecard increases

Profit after tax of Telecard increases

The profit after tax of Telecard Limited has increased to Rs 251.746 million in the quarter ended September 30, 2010 as compared to Rs 28.017 million earned in the corresponding period in 2009. The board of directors of the company in its meeting held her
Published 02 Nov, 2010 12:00am
Profit after tax of Telecard increases

Profit after tax of Telecard increases

The profit after tax of Telecard Limited has increased to Rs 251.746 million in the quarter ended September 30, 2010 as compared to Rs 28.017 million earned in the corresponding period in 2009. The board of directors of the company in its meeting held her
Published 02 Nov, 2010 12:00am
SAI lauds ministries' statement on gas cross subsidy

SAI lauds ministries' statement on gas cross subsidy

Chairman Site Association of Industry (SAI), Abdul Wahab Lakhani has lauded press statements issued by the Ministries of Textiles and Petroleum in which they have called gas cross subsidy as "poison", resulting in all consumers; power, industrial, CNG and
Published 02 Nov, 2010 12:00am
Process of power sector reforms is under way: minister

Process of power sector reforms is under way: minister

Federal Minister for Water and Power, Raja Pervaiz Ashraf has said that the process of power sector reforms is underway and will be completed within next eight months. He said this while presiding over a meeting with the joint delegation of IMF, World Ban
Published 02 Nov, 2010 12:00am
Growers' bodies slam increase in petroleum products prices

Growers' bodies slam increase in petroleum products prices

Growers' organisations reacting over increase in the prices of petroleum products have urged the government to immediately withdraw this raise; otherwise they will be forced to give a call to the farmers to come on roads and accept their demands.
Published 02 Nov, 2010 12:00am
Increase in POL products prices rejected

Increase in POL products prices rejected

Industrialists and traders on Tuesday rejected the nine percent increase in petroleum products' prices, adding the increase is compelling businessmen to come to streets and wage protest against the move. They also criticised the two percent across the boa
Published 02 Nov, 2010 12:00am
SSGC forms CMC to respond to industries' queries

SSGC forms CMC to respond to industries' queries

The management of Sui Southern Gas Company (SSGC) has formed a 3-member Crisis Management Cell (CMC) for responding to the queries of the industrial customers' related to gas supply. According to a press release issued here on Monday.
Published 02 Nov, 2010 12:00am
Hike in petroleum prices: Transporters won't increase fares: KTI

Hike in petroleum prices: Transporters won't increase fares: KTI

Karachi Transport Ittehad (KTI) on Monday announced that the transporters will not increase fares over recent hike on petroleum products warning the transporters will hold a city-wide wheel-jammed strike if the recent increase in petroleum prices was not
Published 02 Nov, 2010 12:00am
PHMA, others resent petroleum products' price hike

PHMA, others resent petroleum products' price hike

Weavers and Knitters have expressed their strong resentment against petroleum prices hike and two percent tariff increase in electricity and warned that these hikes would not only increase the cost of production, but also jam the wheel of the industry and
Published 02 Nov, 2010 12:00am
Traditional Islamic Calligraphy exhibition

Traditional Islamic Calligraphy exhibition

Lok Virsa (National Institute of Folk and Traditional Heritage) will hold an exhibition-cum-competition of traditional Islamic calligraphy from November 2 to 8.
Published 02 Nov, 2010 12:00am
Transfers and postings

Transfers and postings

Chief Justice Lahore High Court has made transfers and postings among 26 judicial officials including 3 District ans Sessions Judges (D&SJ), 4 Additoinal District and 19 Sessions Judges (AD&SJ) and Civil Judges-cum-Judicial Magistrates.
Published 02 Nov, 2010 12:00am
Murder of three boys: SP asked to submit report

Murder of three boys: SP asked to submit report

The Lahore High Court on Monday has asked Superintendent of Police Saddar division to submit a report about the murder of three boys in Township by Wednesday (tomorrow). The order is issued through the Secretary to the Chief Justice CJ, which said that th
Published 02 Nov, 2010 12:00am
US missile strike kills five

US missile strike kills five

A suspected US missile strike Monday killed five people in tribal region near the Afghan border, security officials said. The strike occurred in Mir Ali area of North Waziristan district."As a US drone aircraft fired two missiles into a house in Haider Al
Published 02 Nov, 2010 12:00am
Two FIA officials held for alleged involvement in human smuggling

Two FIA officials held for alleged involvement in human smuggling

Federal Investigation Agency (FIA) Passport Cell has arrested two FIA officials, including a lady officer, for their alleged involvement in human smuggling, while two more officials of the agency are being investigated in this regard.
Published 02 Nov, 2010 12:00am
EU, Germany voice support for rehabilitation of flood-hit people

EU, Germany voice support for rehabilitation of flood-hit people

European Union and Germany have assured support for the rehabilitation of flood-affected people and rebuilding of infrastructure in flood-hit areas. The assurance was given in separate meetings between Speaker National Assembly Dr Fehmida Mirza and delega
Published 02 Nov, 2010 12:00am
Militants fire at Nato truck, three hurt

Militants fire at Nato truck, three hurt

Taliban fighters armed with assault rifles fired at two Nato tankers in north-western Pakistan on Monday, wounding three people, police said. "Around eight militants in two cars intercepted two oil tankers near the town of Pabbi on the Grand Trunk road an
Published 02 Nov, 2010 12:00am
Distribution of WWB funds, assets of EOBI among provinces demanded

Distribution of WWB funds, assets of EOBI among provinces demanded

Local trade unions have demanded of the federal government to distribute funds worth Rs 45 billion of the Workers Welfare Board (WWB) and assets worth Rs 380 billion of the Employees Old-age Benefit Institute (EOBI) among the provinces, under the recent c
Published 02 Nov, 2010 12:00am
Two more Kashmiri youth martyred

Two more Kashmiri youth martyred

Indian troops in their fresh act of state terrorism martyred two more innocent Kashmiri youth in Kupwara district of Indian Occupied Kashmir on Monday. According to Kashmir Media Service the troops killed the youth at Zachaldara in Handwara area of the di
Published 02 Nov, 2010 12:00am
Capital police arrest 11 criminals

Capital police arrest 11 criminals

Islamabad Police have arrested eleven outlaws for their alleged involvement in various cases of dacoities, thefts, bootlegging, possessing illegal weapons and recovered stolen items worth Rs 25,000, besides recovering hashish, heroin, one pistol and seven
Published 02 Nov, 2010 12:00am
Instability in Afghanistan has become international issue: Russian envoy

Instability in Afghanistan has become international issue: Russian envoy

Russian Ambassador to Pakistan on Monday identified instability in Afghanistan as 'common' problem, which he said had become an international issue and underlined the need for co-ordinated efforts of regional players with Pakistan playing a lead role for
Published 02 Nov, 2010 12:00am
POL products' export to Afghanistan: FBR examining traders' problems

POL products' export to Afghanistan: FBR examining traders' problems

An exporter is facing problems in obtaining permission for export of petroleum products to Afghanistan to claim rebate under the Export Policy Order and relevant customs procedure. Sources told Business Recorder here on Monday that the Federal Boar
Published 02 Nov, 2010 12:00am
Government ready to talk with dissident Baloch leaders

Government ready to talk with dissident Baloch leaders

Government was ready to initiate dialogue with the dissident Baloch leaders to attain peace in the province, said Minister for Livestock Mir Hamayyun. According to a statement on Monday, he said the government wanted restoration of peace in Balochistan an
Published 02 Nov, 2010 12:00am
NH&MP observes General Hold Up across Pakistan

NH&MP observes General Hold Up across Pakistan

National Highways and Motorway Police (NH&MP) General Hold Up was observed for three hours through out Pakistan on National Highways and Motorways to maintain the true standards of efficiency and professionalism, besides augmenting notion of soft policing
Published 02 Nov, 2010 12:00am
Rally condemns attacks on Shrines

Rally condemns attacks on Shrines

Tahaffuz-e-Namoos-e-Resalat held a protest rally here on Monday on the Mall road against the increasing terrorist attacks on the Shrines throughout the country and demanded strict action against the perpetrators of the crime. In Lahore, a rally started fr
Published 02 Nov, 2010 12:00am
TCP asked to release 0.2 million tons of sugar to control prices

TCP asked to release 0.2 million tons of sugar to control prices

Chairman Pakistan Sugar Mills Association (PSMA) Javed Kiani has asked Trading Corporation of Pakistan (TCP) to release the remaining 0.2 million tons of sugar from its stock in the domestic market so that rising trend of sugar prices is arrested in time.
Published 02 Nov, 2010 12:00am
Sindh Assembly adopts two resolutions

Sindh Assembly adopts two resolutions

The Sindh Assembly adopted two resolutions unanimously here on Monday. The resolutions were presented by PPP's member Assembly Ghulam Mujaddid Isran and Provincial Minister for Tourism Ms Shazia Marri. Presenting his resolution, Isran pointed out that LLM
Published 02 Nov, 2010 12:00am
ECP conducts hearing of MPs' fake/invalid degrees cases

ECP conducts hearing of MPs' fake/invalid degrees cases

Members and their representatives explained their positions in the hearing regarding fake/invalid degrees held here on Monday under the Chairmanship of Muhammad Afzal Khan, the Nominated Officer of Election Commission of Pakistan under the direction of Su
Published 02 Nov, 2010 12:00am
Belgian food festival on November 13

Belgian food festival on November 13

Pakistan-Belgium Business Forum (PBBF) will hold Belgian Food Festival here on November 13. Hans-Christian Kint, Ambassador of Belgium in Pakistan will be the chief guest and address the gathering. The function would begin with an address of welcome by Mo
Published 02 Nov, 2010 12:00am
Dr Imran Farooq's body to be sent to Pakistan on Friday

Dr Imran Farooq's body to be sent to Pakistan on Friday

Muttahida Qaumi Movement on Monday announced that the body of its former Convenor Dr Imran Farooq will be sent to Pakistan from London by a PIA flight on November 5. Dr Imran Farooq will be laid to rest in Shuhada graveyard at Azizabad here on November 6.
Published 02 Nov, 2010 12:00am
Weekly inflation goes up

Weekly inflation goes up

The Sensi-tive Price Indicator (SPI), for the week ended October 28, for the lowest income group upto Rs 3,000, has registered increase of 1.03 percent over the previous week. The SPI for the week under review in the above mentioned group was recorded at
Published 02 Nov, 2010 12:00am
LHC directs DCOs of Punjab to renew licenses of firework manufacturers

LHC directs DCOs of Punjab to renew licenses of firework manufacturers

The Lahore High Court (LHC) on Monday directing all District Co-ordination Officers (DCOs) of the Punjab to renew licenses of all firework manufacturers in Punjab within one month according to the standards set by the federal government under Explosive Su
Published 02 Nov, 2010 12:00am
PTEA demands duty-free import of polyester fibre

PTEA demands duty-free import of polyester fibre

Pakistan Textile Exporters Association (PTEA) has demanded duty free import of polyester fibre to cover the shortage of 20 percent of cotton crop washed away by floods and 30 percent demand supply gap of polyester fibre in the country.
Published 02 Nov, 2010 12:00am
The Weather

The Weather

The weather report on Monday (November 01, 2010) and the forecast for Tuesday (November 02, 2010).

Published 02 Nov, 2010 12:00am
'Supreme Court interim order recognises institutional jurisdiction'

'Supreme Court interim order recognises institutional jurisdiction'

A meeting of the Parliamentary Committee on Constitutional Reforms was held on Monday at Parliament House, under the chairmanship of Senator Mian Raza Rabbani. Immediately after the announcement of the interim order by the Supreme Court, in the petitions
Published 02 Nov, 2010 12:00am
KTR plans 'Give a Home' project for flood victims

KTR plans 'Give a Home' project for flood victims

Under the next phase of relief work, Karachi Relief Trust (KTR) is planning to launch "Give a Home" project for flood victims. While, addressing the volunteer appreciation ceremony held at the Indus Valley School of Arts and Architecture on Saturday night
Published 02 Nov, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 02 Nov, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 02 Nov, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (November 01, 2010).

Published 02 Nov, 2010 12:00am
Opposition walks out from Senate against hike in POL prices

Opposition walks out from Senate against hike in POL prices

Opposition in the Senate on Monday staged token walkout from the House against the recent increase in petroleum products' prices, as some senators from the treasury benches also demanded of the government to withdraw the decision immediately.
Published 02 Nov, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (November 01, 2010).

Published 02 Nov, 2010 12:00am
Chinese envoy meets CoAS

Chinese envoy meets CoAS

Liu Jain, Ambassador of China called on Chief of Army Staff (CoAS), General Ashfaq Parvez Kayani at General Headquarters in Rawalpindi on Monday. The visiting dignitary remained with him for some time and discussed the matters of mutual interest.
Published 02 Nov, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (November 01, 2010).

Published 02 Nov, 2010 12:00am
Two policemen killed

Two policemen killed

A suicide bomber killed two police officers on Monday when he detonated his explosives as guards tried to stop him from entering a local police station in Sawabi, a government official said. Six more policemen were injured by the attack in Shah Mansoor ar
Published 02 Nov, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (November 01, 2010) and for Tuesday (November 02, 2010)
Published 02 Nov, 2010 12:00am
Two policemen killed

Two policemen killed

A suicide bomber killed two police officers on Monday when he detonated his explosives as guards tried to stop him from entering a local police station in Sawabi, a government official said. Six more policemen were injured by the attack in Shah Mansoor ar
Published 02 Nov, 2010 12:00am
India talks up Headley extradition ahead of Obama trip

India talks up Headley extradition ahead of Obama trip

India said on Monday it was pursuing the extradition of an American who pleaded guilty to helping scout targets for the 2008 Mumbai attacks, ratcheting up a contentious issue days ahead of US President Obama's visit. India has already said it was disappoi
Published 02 Nov, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (November 01, 2010).

Published 02 Nov, 2010 12:00am
SECP extends two schemes'' validity date

SECP extends two schemes'' validity date

The Securities and Exchange Commission of Pakistan has further extended the validity period of the Companies Regularisation Scheme (CRS) and the Companies Easy Exit Scheme (CEES) for another month, up to November 30, 2010, according to its Circular No 25
Published 02 Nov, 2010 12:00am
SECP extends two schemes' validity date

SECP extends two schemes' validity date

The Securities and Exchange Commission of Pakistan has further extended the validity period of the Companies Regularisation Scheme (CRS) and the Companies Easy Exit Scheme (CEES) for another month, up to November 30, 2010, according to its Circular No 25
Published 02 Nov, 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 (November 01, 2010).

Published 02 Nov, 2010 12:00am
SECP extends two schemes' validity date

SECP extends two schemes' validity date

The Securities and Exchange Commission of Pakistan has further extended the validity period of the Companies Regularisation Scheme (CRS) and the Companies Easy Exit Scheme (CEES) for another month, up to November 30, 2010, according to its Circular No 25
Published 02 Nov, 2010 12:00am
Gas shortfall likely this winter

Gas shortfall likely this winter

A huge gas shortfall of 1000mmcfd could be witnessed in the winter season due to massive increase in heating load in different parts of the country, the SSGC officials said. The managing director of Sui Southern Gas Company (SSGC) Dr Faizullah Abbasi alon
Published 02 Nov, 2010 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (November 01, 2010).

Published 02 Nov, 2010 12:00am
Gas shortfall likely this winter

Gas shortfall likely this winter

A huge gas shortfall of 1000mmcfd could be witnessed in the winter season due to massive increase in heating load in different parts of the country, the SSGC officials said. The managing director of Sui Southern Gas Company (SSGC) Dr Faizullah Abbasi alon
Published 02 Nov, 2010 12:00am
Gas shortfall likely this winter

Gas shortfall likely this winter

A huge gas shortfall of 1000mmcfd could be witnessed in the winter season due to massive increase in heating load in different parts of the country, the SSGC officials said. The managing director of Sui Southern Gas Company (SSGC) Dr Faizullah Abbasi alon
Published 02 Nov, 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 (November 01, 2010).

Published 02 Nov, 2010 12:00am
Saudi fatwa bars women from cashier jobs

Saudi fatwa bars women from cashier jobs

Saudi Arabia's top clerics have challenged the government's policy to expand jobs for women with a fatwa ruling that they should not work as cashiers in markets, in a statement obtained Monday. In the statement obtained by AFP the official fatwa issuing b
Published 02 Nov, 2010 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (November 01, 2010).

Published 02 Nov, 2010 12:00am
LPG price hits record high

LPG price hits record high

The price of imported liquefied petroleum gas (LPG) has surged by Rs 12,000 to hit record high at Rs 95,000 per tons as Saudi Aramco contract price (CP) climbed by 93 dollars to touch 788 dollars in the international market. This was stated by chairman of
Published 02 Nov, 2010 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (November 01, 2010).

Published 02 Nov, 2010 12:00am
LPG price hits record high

LPG price hits record high

The price of imported liquefied petroleum gas (LPG) has surged by Rs 12,000 to hit record high at Rs 95,000 per tons as Saudi Aramco contract price (CP) climbed by 93 dollars to touch 788 dollars in the international market. This was stated by chairman of
Published 02 Nov, 2010 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (November 01, 2010).

Published 02 Nov, 2010 12:00am
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