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Print - 2010-11-13
LHC rejects verbal apology of SSP

LHC rejects verbal apology of SSP

The Lahore High Court (LHC) here on Friday rejected verbal apology of SSP Investigation Zulfiqar Hameed and directed him to file his written reply till November 24 in contempt of court proceedings against him.
Published 13 Nov, 2010 12:00am
44 employees of social security department regularised

44 employees of social security department regularised

On Friday 44 employees of social security department were regularized. Punjab Culture and Youth Affairs Minister Dr Tanvir-ul-Islam distributed appointment letters among the employees and distributed cheques amounting to Rs. 300,000 each, as financial gra
Published 13 Nov, 2010 12:00am
Tight security awaits Haj pilgrims

Tight security awaits Haj pilgrims

Some 2.5 million Muslim pilgrims are descending on Makkah for the annual Haj amid tight security and with new facilities, including a railway, to ease the occasionally fatal congestion. Saudi Interior Minister Prince Nayef bin Abdul Aziz has said he canno
Published 13 Nov, 2010 12:00am
Tight security awaits Haj pilgrims

Tight security awaits Haj pilgrims

Some 2.5 million Muslim pilgrims are descending on Makkah for the annual Haj amid tight security and with new facilities, including a railway, to ease the occasionally fatal congestion. Saudi Interior Minister Prince Nayef bin Abdul Aziz has said he canno
Published 13 Nov, 2010 12:00am
EU package: Pakistan seeking Sri Lanka, Bangladesh help

EU package: Pakistan seeking Sri Lanka, Bangladesh help

Pakistan government is proactively seeking support from Sri Lanka and Bangladesh not to challenge the trade aid package approved by the European Union (EU) prior to its presentation to the World Trade Organisation (WTO) for a waiver.
Published 13 Nov, 2010 12:00am
EU package: Pakistan seeking Sri Lanka, Bangladesh help

EU package: Pakistan seeking Sri Lanka, Bangladesh help

Pakistan government is proactively seeking support from Sri Lanka and Bangladesh not to challenge the trade aid package approved by the European Union (EU) prior to its presentation to the World Trade Organisation (WTO) for a waiver.
Published 13 Nov, 2010 12:00am
EU package: Pakistan seeking Sri Lanka, Bangladesh help

EU package: Pakistan seeking Sri Lanka, Bangladesh help

Pakistan government is proactively seeking support from Sri Lanka and Bangladesh not to challenge the trade aid package approved by the European Union (EU) prior to its presentation to the World Trade Organisation (WTO) for a waiver.
Published 13 Nov, 2010 12:00am
October trade deficit at $1.23 billion

October trade deficit at $1.23 billion

Pakistan''s trade deficit narrowed to $1.23 billion in October from $1.39 billion in October last year, the Federal Bureau of Statistics said. The trade deficit in September this year was $1.16 billion. Exports stood at $1.98 billion in October this year,
Published 13 Nov, 2010 12:00am
October trade deficit at $1.23 billion

October trade deficit at $1.23 billion

Pakistan's trade deficit narrowed to $1.23 billion in October from $1.39 billion in October last year, the Federal Bureau of Statistics said. The trade deficit in September this year was $1.16 billion. Exports stood at $1.98 billion in October this year,
Published 13 Nov, 2010 12:00am
October trade deficit at $1.23 billion

October trade deficit at $1.23 billion

Pakistan's trade deficit narrowed to $1.23 billion in October from $1.39 billion in October last year, the Federal Bureau of Statistics said. The trade deficit in September this year was $1.16 billion. Exports stood at $1.98 billion in October this year,
Published 13 Nov, 2010 12:00am
Power ship at Korangi: Turkish company submits $80 million guarantee

Power ship at Korangi: Turkish company submits $80 million guarantee

Turkey-based company, Karkey, has submitted advance payment guarantee, amounting to $80 million, for the power ship dedicated for Pakistan to provide electricity to genco-IV through Karachi Electric Supply Company (KESC) network at Korangi thermal power s
Published 13 Nov, 2010 12:00am
Power ship at Korangi: Turkish company submits $80 million guarantee

Power ship at Korangi: Turkish company submits $80 million guarantee

Turkey-based company, Karkey, has submitted advance payment guarantee, amounting to $80 million, for the power ship dedicated for Pakistan to provide electricity to genco-IV through Karachi Electric Supply Company (KESC) network at Korangi thermal power s
Published 13 Nov, 2010 12:00am
Power ship at Korangi: Turkish company submits $80 million guarantee

Power ship at Korangi: Turkish company submits $80 million guarantee

Turkey-based company, Karkey, has submitted advance payment guarantee, amounting to $80 million, for the power ship dedicated for Pakistan to provide electricity to genco-IV through Karachi Electric Supply Company (KESC) network at Korangi thermal power s
Published 13 Nov, 2010 12:00am
WikiLeaks registers company in Iceland

WikiLeaks registers company in Iceland

Whistleblower WikiLeaks has registered in media-friendly Iceland its first known legal entity - a business that so far has no office or activity, the website's spokesman said Friday. Wikileaks is now mulling whether to use the firm to fundraise or for inf
Published 13 Nov, 2010 12:00am
WikiLeaks registers company in Iceland

WikiLeaks registers company in Iceland

Whistleblower WikiLeaks has registered in media-friendly Iceland its first known legal entity - a business that so far has no office or activity, the website's spokesman said Friday. Wikileaks is now mulling whether to use the firm to fundraise or for inf
Published 13 Nov, 2010 12:00am
Afghanistan to sign mining MoU with India

Afghanistan to sign mining MoU with India

Afghanistan will sign a memorandum of understanding (MoU) with India on mining in a month, the country''s mines minister, Wahidullah Shahrani, told reporters on Friday during a visit to India. "We are quite optimistic on this. We would prefer to see more
Published 13 Nov, 2010 12:00am
Afghanistan to sign mining MoU with India

Afghanistan to sign mining MoU with India

Afghanistan will sign a memorandum of understanding (MoU) with India on mining in a month, the country's mines minister, Wahidullah Shahrani, told reporters on Friday during a visit to India. "We are quite optimistic on this. We would prefer to see more i
Published 13 Nov, 2010 12:00am
Afghanistan to sign mining MoU with India

Afghanistan to sign mining MoU with India

Afghanistan will sign a memorandum of understanding (MoU) with India on mining in a month, the country's mines minister, Wahidullah Shahrani, told reporters on Friday during a visit to India. "We are quite optimistic on this. We would prefer to see more i
Published 13 Nov, 2010 12:00am
Post of IMS DG abolished

Post of IMS DG abolished

The Federal Board of Revenue (FBR) has abolished the post of the Director General of Information Management System (IMS) and accepted the resignation of Zafar Iqbal Siddiqi, Director General IMS. The FBR on Friday issued a notification in this regard.
Published 13 Nov, 2010 12:00am
Post of IMS DG abolished

Post of IMS DG abolished

The Federal Board of Revenue (FBR) has abolished the post of the Director General of Information Management System (IMS) and accepted the resignation of Zafar Iqbal Siddiqi, Director General IMS. The FBR on Friday issued a notification in this regard.
Published 13 Nov, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (November 12, 2010).

Published 13 Nov, 2010 12:00am
Post of IMS DG abolished

Post of IMS DG abolished

The Federal Board of Revenue (FBR) has abolished the post of the Director General of Information Management System (IMS) and accepted the resignation of Zafar Iqbal Siddiqi, Director General IMS. The FBR on Friday issued a notification in this regard.
Published 13 Nov, 2010 12:00am
Low-intensity earthquake hits Quetta: 13 suffer minor injuries

Low-intensity earthquake hits Quetta: 13 suffer minor injuries

Officials say a 4.2-magnitude earthquake has jolted several districts in Quetta, leaving at least 13 people injured. Meteorological official Farooq Ahmad says the quake was centered in Karakh, 300 kilometers south of Quetta.
Published 13 Nov, 2010 12:00am
Low-intensity earthquake hits Quetta: 13 suffer minor injuries

Low-intensity earthquake hits Quetta: 13 suffer minor injuries

Officials say a 4.2-magnitude earthquake has jolted several districts in Quetta, leaving at least 13 people injured. Meteorological official Farooq Ahmad says the quake was centered in Karakh, 300 kilometers south of Quetta.
Published 13 Nov, 2010 12:00am
Input tax adjustment: FBR tightens procedure in new GST bill

Input tax adjustment: FBR tightens procedure in new GST bill

The Federal Board of Revenue (FBR) has tightened procedure for the registered persons for obtaining input tax adjustments under the new General Sales Tax Bill 2010 tabled before the National Assembly here on Friday.
Published 13 Nov, 2010 12:00am
Input tax adjustment: FBR tightens procedure in new GST bill

Input tax adjustment: FBR tightens procedure in new GST bill

The Federal Board of Revenue (FBR) has tightened procedure for the registered persons for obtaining input tax adjustments under the new General Sales Tax Bill 2010 tabled before the National Assembly here on Friday.
Published 13 Nov, 2010 12:00am
Input tax adjustment: FBR tightens procedure in new GST bill

Input tax adjustment: FBR tightens procedure in new GST bill

The Federal Board of Revenue (FBR) has tightened procedure for the registered persons for obtaining input tax adjustments under the new General Sales Tax Bill 2010 tabled before the National Assembly here on Friday.
Published 13 Nov, 2010 12:00am
Industry, trade bodies hail KESC

Industry, trade bodies hail KESC

The Karachi Electric Supply Company has received notes of appreciation from associations of the city''s industrial zones for the utility''s untiring endeavours to keep the wheels of industry moving.
Published 13 Nov, 2010 12:00am
Industry, trade bodies hail KESC

Industry, trade bodies hail KESC

The Karachi Electric Supply Company has received notes of appreciation from associations of the city's industrial zones for the utility's untiring endeavours to keep the wheels of industry moving.
Published 13 Nov, 2010 12:00am
Industry, trade bodies hail KESC

Industry, trade bodies hail KESC

The Karachi Electric Supply Company has received notes of appreciation from associations of the city's industrial zones for the utility's untiring endeavours to keep the wheels of industry moving.
Published 13 Nov, 2010 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 02.04 points, as the Index moved from 2,768.95 to 2,766.91 points.
Published 13 Nov, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (November 12, 2010).

Published 13 Nov, 2010 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 02.04 points, as the Index moved from 2,768.95 to 2,766.91 points.
Published 13 Nov, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (November 12, 2010).
Published 13 Nov, 2010 12:00am
LSE index loses 19.63 points

LSE index loses 19.63 points

Bearish sentiments continued for the second consecutive day on the Lahore Stock Exchange (LSE) and the equities registered further losses amid descending trading turnover.
Published 13 Nov, 2010 12:00am
LSE index loses 19.63 points

LSE index loses 19.63 points

Bearish sentiments continued for the second consecutive day on the Lahore Stock Exchange (LSE) and the equities registered further losses amid descending trading turnover.
Published 13 Nov, 2010 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (November 12, 2010).

Published 13 Nov, 2010 12:00am
G-20 refuses to back US push on China''s currency

G-20 refuses to back US push on China''s currency

Leaders of 20 major economies on Friday refused to endorse a US push to get China to let its currency rise, keeping alive a dispute that has raised the specter of a global trade war amid criticism that cheap Chinese exports are costing American jobs.
Published 13 Nov, 2010 12:00am
G-20 refuses to back US push on China's currency

G-20 refuses to back US push on China's currency

Leaders of 20 major economies on Friday refused to endorse a US push to get China to let its currency rise, keeping alive a dispute that has raised the specter of a global trade war amid criticism that cheap Chinese exports are costing American jobs.
Published 13 Nov, 2010 12:00am
G-20 refuses to back US push on China's currency

G-20 refuses to back US push on China's currency

Leaders of 20 major economies on Friday refused to endorse a US push to get China to let its currency rise, keeping alive a dispute that has raised the specter of a global trade war amid criticism that cheap Chinese exports are costing American jobs.
Published 13 Nov, 2010 12:00am
Permanent UNSC seat for India: National Assembly opposes US decision

Permanent UNSC seat for India: National Assembly opposes US decision

The National Assembly on Friday unanimously passed a resolution against the decision of the United States, supporting India for a permanent seat in the UN Security Council. Shanaz Wazir Ali of PPP moved the resolution in the House, which was passed unanim
Published 13 Nov, 2010 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (November 12, 2010).

Published 13 Nov, 2010 12:00am
Permanent UNSC seat for India: National Assembly opposes US decision

Permanent UNSC seat for India: National Assembly opposes US decision

The National Assembly on Friday unanimously passed a resolution against the decision of the United States, supporting India for a permanent seat in the UN Security Council. Shanaz Wazir Ali of PPP moved the resolution in the House, which was passed unanim
Published 13 Nov, 2010 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (November 12, 2010).

Published 13 Nov, 2010 12:00am
Flood levy would cover entire period of 2010-11

Flood levy would cover entire period of 2010-11

The 10 percent income tax surcharge would be applicable in the first half (July-December) of current fiscal year, as the flood surcharge would cover entire period of 2010-11. Sources told Business Recorder on Friday that the 10 percent flood surcha
Published 13 Nov, 2010 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (November 12, 2010).

Published 13 Nov, 2010 12:00am
Flood levy would cover entire period of 2010-11

Flood levy would cover entire period of 2010-11

The 10 percent income tax surcharge would be applicable in the first half (July-December) of current fiscal year, as the flood surcharge would cover entire period of 2010-11. Sources told Business Recorder on Friday that the 10 percent flood surcha
Published 13 Nov, 2010 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 13 Nov, 2010 12:00am