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Print - 2010-12-07
The Weather

The Weather

The weather report on Monday (December 06, 2010) and the forecast for Tuesday (December 07, 2010).

Published 07 Dec, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (December 06, 2010).

Published 07 Dec, 2010 12:00am
Stakeholders' consensus a must prior to imposition of RGST: LCCI

Stakeholders' consensus a must prior to imposition of RGST: LCCI

The Lahore Chamber of Commerce and Industry (LCCI) on Monday took a strong exception to the Chairperson National Assembly Standing Committee on Finance Fauzia Wahab for reluctantly and partially accepting the LCCI stance regarding inclusion of all the sta
Published 07 Dec, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 07 Dec, 2010 12:00am
'Access to information fundamental right of all citizens'

'Access to information fundamental right of all citizens'

Access to information is the fundamental right of all citizens however, people are unaware of their rights of information through which government is also accountable. Freedom of information (FoI) and Right to Information (RTI) legislation are rules that
Published 07 Dec, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 07 Dec, 2010 12:00am
Pir Makki blast: LHC issues notice to Hijratullah

Pir Makki blast: LHC issues notice to Hijratullah

A division bench of Lahore High Court here Monday issued notice to Hijratullah on an appeal filed by Punjab prosecution department for enhancement of imprisonment awarded to him by an anti-terrorism court in Pir Makki bomb blast case. The bench, which had
Published 07 Dec, 2010 12:00am
Aasia Bibi case - adjourns hearing of petition till December 23

Aasia Bibi case - adjourns hearing of petition till December 23

Chief Justice Lahore High Court, Khawaja Muhammad Sharif adjourned till December 23 the hearing of a petition requesting that the government should be restrained from taking any action for pardoning of Christian blasphemy convict, Aasia Bibi, as the gover
Published 07 Dec, 2010 12:00am
Fish consumption significantly decreases in Punjab

Fish consumption significantly decreases in Punjab

Fish consumption is down by 60 percent in Punjab after Eid-ul-Azha as the financially hard-pressed people are still eating mutton/beef of sacrificial animals preserved in refrigerators and freezers since 17th November 2010.
Published 07 Dec, 2010 12:00am
President signs Sacked Employees Reinstatement Bill 2010 into law

President signs Sacked Employees Reinstatement Bill 2010 into law

President Asif Ali Zardari signed into law the Sacked Employees (Reinstatement) Bill 2010 during a special ceremony held here at Aiwan-e-Sadr on Monday. The signing ceremony was attended among others by federal ministers, members of parliament, federal se
Published 07 Dec, 2010 12:00am
Illegal imprisonment: Home secretary's reply sought by December 10

Illegal imprisonment: Home secretary's reply sought by December 10

Chief justice, Lahore High Court on Monday sought reply from home secretary by December 10 in a petition moved against keeping alleged terrorist Hijratullah in solitary confinement. The court passed this order on the petition filed by Zia Shahid Zaseer ad
Published 07 Dec, 2010 12:00am
LHC CJ hands over cheques to Punjab AG

LHC CJ hands over cheques to Punjab AG

Chief Justice Lahore High Court (LHC) here Monday handed cheques amounting to rupees five million to Advocate General of Punjab to deliver the same to President Lahore Bar Association, one for the bar and other for health care of the bar members.
Published 07 Dec, 2010 12:00am
Flood affectees: NGOs accused of minting millions of dollars

Flood affectees: NGOs accused of minting millions of dollars

Balochistan Minister for Excise and Taxation and Pakistan People's Party (PPP) leader, Mir Muhammad Ameen Umrani has said that non-governmental organisations lack a strategy for provision of relief to the flood affectees. In a statement issued on Monday,
Published 07 Dec, 2010 12:00am
Multinet sets up first eConnect hub

Multinet sets up first eConnect hub

Multinet Pakistan, in collaboration with Epsilon launched eConnect, the Carrier Neutral Interconnect Platform and its ePoP services in Karachi. The eConnect hub in South Asia will effectively cater to the growing demand for the fast and cost effective exc
Published 07 Dec, 2010 12:00am
MCB sets up Islamabad Treasury office

MCB sets up Islamabad Treasury office

MCB, through its Treasury & FX Group is setting up the Bank's Islamabad Treasury office. This initiative follows the developments made by the recently opened Lahore Treasury. The Islamabad Treasury would ensure that a full product suite is provided to ban
Published 07 Dec, 2010 12:00am
Samsung dominates 3D TV market in third quarter

Samsung dominates 3D TV market in third quarter

Samsung Electronics, a market semiconductors and telecommunications has dominated the 2010 third quarter 3D TV market in the United States, establishing an equation of '3D TV = Samsung'. Samsung Electronics took an 81.9 percent (in terms of units sold) of
Published 07 Dec, 2010 12:00am
QAU awards scholarships worth Rs 58 million to over 3,000 students

QAU awards scholarships worth Rs 58 million to over 3,000 students

Quaid-i-Azam University (QAU )has awarded scholarships worth Rs 58 million during 2009-10 to more than three thousand students under 23 different scholarship programmes. This was stated by QAU Vice Chancellor Professor Dr Masoom Yasinzai while addressing
Published 07 Dec, 2010 12:00am
Corporate Excellence Award for First Habib Modaraba

Corporate Excellence Award for First Habib Modaraba

Management Association of Pakistan (MAP) has given "Corporate Excellence Award" to First Habib Modaraba (FHM) in their 27th Corporate Excellence Award ceremony held on 23 November, 2010. This award has been given from the category of Equity Investment Ins
Published 07 Dec, 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 (December 06, 2010).

Published 07 Dec, 2010 12:00am
US Supreme Court to hear key global warming case

US Supreme Court to hear key global warming case

The Supreme Court said Monday it would consider a key global warming case over the right of US states to regulate carbon emissions as a "public nuisance." In a move that could significantly impact the US approach to fighting climate change, the top court
Published 07 Dec, 2010 12:00am
Mohmand Agency blast condemned

Mohmand Agency blast condemned

Jamaat-e-Islami (JI) Chief, Syed Munawwar Hasan and Secretary General, Liaquat Baloch, have condemned the bomb blast in Mohmand Agency and expressed deep grief over the loss of precious lives in the incident. The JI leaders expressed condolences with the
Published 07 Dec, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (December 06, 2010).

Published 07 Dec, 2010 12:00am
Railways Multan division faces shortage of diesel

Railways Multan division faces shortage of diesel

Pakistan Railways Multan division is again facing acute shortage of diesel. According to the sources, the reserves of diesel in Multan division have reached the dead level. At the moment the diesel of cargo trains is being supplied to passenger trains in
Published 07 Dec, 2010 12:00am
UN moves 460 staff out of Ivory Coast

UN moves 460 staff out of Ivory Coast

The United Nations on Monday ordered 460 non-essential staff out of Ivory Coast because of mounting tensions in the West African country between rivals for the presidency, a UN spokesman said. UN Secretary General Ban Ki-moon said he remains "deeply conce
Published 07 Dec, 2010 12:00am
Sugarcane farmers hold protest rally

Sugarcane farmers hold protest rally

Sugarcane farmers held a protest rally against forcibly purchase of their crops at minimum rates by a sugar mill of Chiniot, which was owned by the Nawaz Sharif Family. The protestors carrying banners inscribed slogans against the Chief Minister Punjab, S
Published 07 Dec, 2010 12:00am
Industrial sector: SNGPL announces new schedule for gas load management

Industrial sector: SNGPL announces new schedule for gas load management

Sui Northern Gas Pipelines Limited (SNGPL) has announced a new schedule for the gas load management for industrial sector according to which gas load shedding may increase to three days a week for three months of winter starting from December 1, 2010.
Published 07 Dec, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (December 06, 2010) and for Tuesday (December 07, 2010)
Published 07 Dec, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (December 06, 2010).

Published 07 Dec, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (December 06, 2010).

Published 07 Dec, 2010 12:00am
Crude oil trades near 26-month high

Crude oil trades near 26-month high

Oil edged up to a 26-month high on speculation the US may extend stimulus measures, bolstering fuel demand in the world''s largest oil consuming country, and on cold-weather forecasts for the US and Europe. Crude extended its longest advance in four weeks
Published 07 Dec, 2010 12:00am
Gold hits all-time high

Gold hits all-time high

Spot gold prices rose to an all-time high at $1,427.01 an ounce Monday on lingering worries about a European debt crisis and as momentum buying. Spot gold rose 0.7 percent to $1,424.74 an ounce at 4:01 pm EST (2101 GMT). US February gold futures climbed $
Published 07 Dec, 2010 12:00am
Gold hits all-time high

Gold hits all-time high

Spot gold prices rose to an all-time high at $1,427.01 an ounce Monday on lingering worries about a European debt crisis and as momentum buying. Spot gold rose 0.7 percent to $1,424.74 an ounce at 4:01 pm EST (2101 GMT). US February gold futures climbed $
Published 07 Dec, 2010 12:00am
Gold hits all-time high

Gold hits all-time high

Spot gold prices rose to an all-time high at $1,427.01 an ounce Monday on lingering worries about a European debt crisis and as momentum buying. Spot gold rose 0.7 percent to $1,424.74 an ounce at 4:01 pm EST (2101 GMT). US February gold futures climbed $
Published 07 Dec, 2010 12:00am
Hu warns Obama Korea tension could go out of control

Hu warns Obama Korea tension could go out of control

Chinese President Hu Jintao on Monday warned US President Barack Obama that tensions on the Korean peninsula could spiral out of control if not dealt with properly, their first discussion on the issue since the North shelled the South nearly two weeks ago
Published 07 Dec, 2010 12:00am
Hu warns Obama Korea tension could go out of control

Hu warns Obama Korea tension could go out of control

Chinese President Hu Jintao on Monday warned US President Barack Obama that tensions on the Korean peninsula could spiral out of control if not dealt with properly, their first discussion on the issue since the North shelled the South nearly two weeks ago
Published 07 Dec, 2010 12:00am
Mild earthquake shakes Khuzdar

Mild earthquake shakes Khuzdar

An earthquake of mild intensity, measuring 4.2 on Richter scale shook parts of Khuzdar on late Monday night, Aaj News reported. According to the preliminary analysis of meteorological department, the earthquake originated at 01:31 PST and its epicentre li
Published 07 Dec, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (December 06, 2010).

Published 07 Dec, 2010 12:00am
Mild earthquake shakes Khuzdar

Mild earthquake shakes Khuzdar

An earthquake of mild intensity, measuring 4.2 on Richter scale shook parts of Khuzdar on late Monday night, Aaj News reported. According to the preliminary analysis of meteorological department, the earthquake originated at 01:31 PST and its epicentre li
Published 07 Dec, 2010 12:00am
SNGPL and SSGCL tariffs: Ogra determines increase

SNGPL and SSGCL tariffs: Ogra determines increase

Oil and Gas Regulatory Authority (Ogra) has determined raise in gas tariffs by Rs 1.85 per mmbtu and Rs 3.69 per mmbtu for Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL), respectively, to meet revenue requirements f
Published 07 Dec, 2010 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (December 06, 2010).
Published 07 Dec, 2010 12:00am
SNGPL and SSGCL tariffs: Ogra determines increase

SNGPL and SSGCL tariffs: Ogra determines increase

Oil and Gas Regulatory Authority (Ogra) has determined raise in gas tariffs by Rs 1.85 per mmbtu and Rs 3.69 per mmbtu for Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL), respectively, to meet revenue requirements f
Published 07 Dec, 2010 12:00am
SNGPL and SSGCL tariffs: Ogra determines increase

SNGPL and SSGCL tariffs: Ogra determines increase

Oil and Gas Regulatory Authority (Ogra) has determined raise in gas tariffs by Rs 1.85 per mmbtu and Rs 3.69 per mmbtu for Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL), respectively, to meet revenue requirements f
Published 07 Dec, 2010 12:00am
Nepra allows KESC 58 paisa tariff increase

Nepra allows KESC 58 paisa tariff increase

The National Electric Power Regulatory Authority (Nepra) has allowed Karachi Electric Supply Company (KESC) to raise electricity tariff by 58 paisa per unit under the monthly fuel adjustment formula. The fresh hike in power tariff has been approved for th
Published 07 Dec, 2010 12:00am
Nepra allows KESC 58 paisa tariff increase

Nepra allows KESC 58 paisa tariff increase

The National Electric Power Regulatory Authority (Nepra) has allowed Karachi Electric Supply Company (KESC) to raise electricity tariff by 58 paisa per unit under the monthly fuel adjustment formula. The fresh hike in power tariff has been approved for th
Published 07 Dec, 2010 12:00am
Nepra allows KESC 58 paisa tariff increase

Nepra allows KESC 58 paisa tariff increase

The National Electric Power Regulatory Authority (Nepra) has allowed Karachi Electric Supply Company (KESC) to raise electricity tariff by 58 paisa per unit under the monthly fuel adjustment formula. The fresh hike in power tariff has been approved for th
Published 07 Dec, 2010 12:00am
OGDC, PPL to offer joint bid for BP shares

OGDC, PPL to offer joint bid for BP shares

The Board of Directors (BoD) of the Oil and Gas Development Company Limited (OGDC) decided on Monday to offer a joint bid with Pakistan Petroleum Limited (PPL) to get 100 percent shares of British Petroleum (BP) assets in Pakistan. "The board in its last
Published 07 Dec, 2010 12:00am
OGDC, PPL to offer joint bid for BP shares

OGDC, PPL to offer joint bid for BP shares

The Board of Directors (BoD) of the Oil and Gas Development Company Limited (OGDC) decided on Monday to offer a joint bid with Pakistan Petroleum Limited (PPL) to get 100 percent shares of British Petroleum (BP) assets in Pakistan. "The board in its last
Published 07 Dec, 2010 12:00am
OGDC, PPL to offer joint bid for BP shares

OGDC, PPL to offer joint bid for BP shares

The Board of Directors (BoD) of the Oil and Gas Development Company Limited (OGDC) decided on Monday to offer a joint bid with Pakistan Petroleum Limited (PPL) to get 100 percent shares of British Petroleum (BP) assets in Pakistan. "The board in its last
Published 07 Dec, 2010 12:00am
Index gains 33.41 points

Index gains 33.41 points

The KSE-100 index on Monday gained 33.41 points and closed at 11,440.07 points on the back of foreign investors' support. The market opened on a positive note and the index hit 11,485.66 points intra-day high, up 79.00 points. Trading volume at ready coun
Published 07 Dec, 2010 12:00am
Index gains 33.41 points

Index gains 33.41 points

The KSE-100 index on Monday gained 33.41 points and closed at 11,440.07 points on the back of foreign investors' support. The market opened on a positive note and the index hit 11,485.66 points intra-day high, up 79.00 points. Trading volume at ready coun
Published 07 Dec, 2010 12:00am
Index gains 33.41 points

Index gains 33.41 points

The KSE-100 index on Monday gained 33.41 points and closed at 11,440.07 points on the back of foreign investors'' support. The market opened on a positive note and the index hit 11,485.66 points intra-day high, up 79.00 points. Trading volume at ready cou
Published 07 Dec, 2010 12:00am
BRIndex30 up 88.5 points

BRIndex30 up 88.5 points

On Monday, the BRIndex30 opened at 8,490.40 points and remained in positive throughout the trading session. It touched the intra-day high of 8,588.67 points and low of 8,490.40 points and closed at 8,578.90 points with a net positive change of 88.5 points
Published 07 Dec, 2010 12:00am
BRIndex30 up 88.5 points

BRIndex30 up 88.5 points

On Monday, the BRIndex30 opened at 8,490.40 points and remained in positive throughout the trading session. It touched the intra-day high of 8,588.67 points and low of 8,490.40 points and closed at 8,578.90 points with a net positive change of 88.5 points
Published 07 Dec, 2010 12:00am
First Muharram on December 8

First Muharram on December 8

The moon for the month of Muharram-ul-Haram was not sighted in the country on Monday. Therefore, the first of Muharram will fall on December 8. This was announced by the Chairman of the Central Ruet-i-Hilal Committee, Mufti Muneeb- ur-Rehman, while chairi
Published 07 Dec, 2010 12:00am
First Muharram on December 8

First Muharram on December 8

The moon for the month of Muharram-ul-Haram was not sighted in the country on Monday. Therefore, the first of Muharram will fall on December 8. This was announced by the Chairman of the Central Ruet-i-Hilal Committee, Mufti Muneeb- ur-Rehman, while chairi
Published 07 Dec, 2010 12:00am