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Print - 2010-12-09
PTCL warns against hoax calls

PTCL warns against hoax calls

It has come to the knowledge of PTCL management that some unknown individuals are making hoax calls to PTCL subscribers claiming to be the representatives of PTCL and announcing huge cash prizes for subscribers.
Published 09 Dec, 2010 12:00am
Iranian CG meets Elahi

Iranian CG meets Elahi

Pakistan Muslim League-Q (PML-Q) senior leader Chaudhry Pervaiz Elahi during a meeting with the visiting Iranian Counsel General Ali Nakan here on Wednesday reiterated his firm conviction in strong historic ties between Pakistan and Iran and appreciated t
Published 09 Dec, 2010 12:00am
'Rescue 15 handled 168,028 calls in November'

'Rescue 15 handled 168,028 calls in November'

Rescue 15 received 168,028 calls during last month (November) and provided immediate assistance to the people in distress, a police spokesman said. In response to these calls, 325 persons were provided miscellaneous assistance, 66 persons were provided me
Published 09 Dec, 2010 12:00am
RTOs Lahore process 4080 ST refund claims

RTOs Lahore process 4080 ST refund claims

The Regional Tax Office Lahore and Regional Tax Office Lahore-II have processed 4, 080 Sales Tax refund claims amounting to Rs 1.93 billion during the first five months of the current financial year. Whereas in the corresponding period of the last year, C
Published 09 Dec, 2010 12:00am
PU asked to set up sub-campus in Jhelum

PU asked to set up sub-campus in Jhelum

In order to meet the longstanding demand of the people of Jhelum and its neighbouring districts, Chief Minister of Punjab, Shahbaz Sharif has directed the oldest and largest varsity of the country, Punjab University to establish its sub-campus in Jhelum.
Published 09 Dec, 2010 12:00am
Health, hygiene campaign launched for brick kiln workers

Health, hygiene campaign launched for brick kiln workers

The Labour Department Punjab has launched a campaign with the collaboration of International Labour Organisation (ILO) to provide health and hygiene information and services at brick kilns in Lahore and Kasur districts.
Published 09 Dec, 2010 12:00am
PSO blames Pepco for failure to execute FSAs

PSO blames Pepco for failure to execute FSAs

The Pakistan State Oil (PSO) has accused the Pakistan Electric Power Company (Pepco) of failure to execute Fuel Supply Agreements (FSAs) with Genco I and Genco II after a lapse of 14 months. "Till such time as the FSA is executed with Genco I and II, PSO
Published 09 Dec, 2010 12:00am
Discrimination against women to be eliminated

Discrimination against women to be eliminated

The speakers of Public forum for the improvement in the situation of human rights of marginalized groups called upon the government that the Government must avoid enforcing indirect tax through imposition of RGST (Reformed General Sales Tax) on the public
Published 09 Dec, 2010 12:00am
Government should provide protection to its employees: APCA

Government should provide protection to its employees: APCA

President All Pakistan Clerks Association (APCA) Nazar Hussain said that government should provide protection to government employees and accepts their demands if it wants good governance in the country. Government should not deceive the clerks by making
Published 09 Dec, 2010 12:00am
Luxurious properties in ICT: owners liable to file tax returns

Luxurious properties in ICT: owners liable to file tax returns

Most of the owners of houses and flats falling within the jurisdiction of federal Capital are liable to file income tax returns. Sources told Business Recorder here on Tuesday that the majority of the owners of luxurious properties within the Islam
Published 09 Dec, 2010 12:00am
18 killed in Kohat blast

18 killed in Kohat blast

Eighteen people were killed and 32 others were injured in a suicide bombing incident on Wednesday at a bus stand at Tirah Bazaar of Kohat City, 65 km south of here. The spokesman of Khyber Pakhtunkhwa government, Iftikhar Hussein confirmed 18 casualties i
Published 09 Dec, 2010 12:00am
FMFB-P receives CGAP's silver category award for social reporting

FMFB-P receives CGAP's silver category award for social reporting

The First MicroFinanceBank Ltd Pakistan (FMFB-P), an institution of the Aga Khan Agency for Microfinance, was awarded a certificate of recognition in the Silver category for reporting on Social Indicators to Microfinance Information Exchange (MIX) by the
Published 09 Dec, 2010 12:00am
Rally held against Pirabad operation: one killed, one hurt, 25 held

Rally held against Pirabad operation: one killed, one hurt, 25 held

A man was killed and a youth injured during protest at Manghopir Road against Pirabad search operation of Rangers Special Force (RSF) while 25 suspects were also detained by Sindh Rangers here on Wednesday. According to details, over 300 protesters came o
Published 09 Dec, 2010 12:00am
Where is Punjab Governor?

Where is Punjab Governor?

A number of legislators in the Punjab Assembly were busy on Monday, discussing the whereabouts of the Punjab Governor Salmaan Taseer, some of them even felt that his 'mysterious' absence had plunged the province into constitutional crisis. Living up to it
Published 09 Dec, 2010 12:00am
TAS 2008: FBR estimated to recover Rs 31.5 billion from defaulters

TAS 2008: FBR estimated to recover Rs 31.5 billion from defaulters

The Federal Board of Revenue (FBR) has estimated to recover roughly Rs 31.5 billion from defaulters of the Tax Amnesty Scheme (TAS) 2008, if 30 percent of the total declarants failed in filing the returns for the subsequent three years. According to the F
Published 09 Dec, 2010 12:00am
TAPI gas line project: Pakistan may sign GSPA in Ashgabad on Saturday

TAPI gas line project: Pakistan may sign GSPA in Ashgabad on Saturday

Pakistan is expected to sign Gas Sales Purchase Agreement (GSPA) with regard to US-backed Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project in Ashgabad on December 11, 2010, it is learnt. Pakistan has already signed Gas Pipeline Framewor
Published 09 Dec, 2010 12:00am
4,500 families return homes in Orakzai Agency

4,500 families return homes in Orakzai Agency

After improved security situation in Orakzai Agency, some four thousand and five hundred families have returned to their homes under supervision of the government. All the facilities, including free transportation have been provided to dislocated families
Published 09 Dec, 2010 12:00am
Oman deports 480 Pakistanis

Oman deports 480 Pakistanis

Government of Oman has deported some 480 Pakistanis here on Wednesday. According to FIA sources, some 480 Pakistanis, who were deported from Oman had been found illegal immigrants, arrived in Karachi. They said these deportees, who were belonging to diffe
Published 09 Dec, 2010 12:00am
'PCO judge' raises objections to composition of bench

'PCO judge' raises objections to composition of bench

A former judge of Peshawar High Court (PHC) who had taken oath under, now annulled 'Provisional Constitutional Order (PCO) 2007, Wednesday moved an appeal in the Supreme Court raising objection over the three-member bench constituted for hearing of PCO ju
Published 09 Dec, 2010 12:00am
Water conservation project: Rs 84.771 million irregularities identified

Water conservation project: Rs 84.771 million irregularities identified

The Chief of Water, Planning Commission, has identified financial irregularities of Rs 84.771 million in the project 'Water Conservation and Productivity Enhancement through High Efficiency Irrigation Systems' (HEIS), and requested the Executive Committee
Published 09 Dec, 2010 12:00am
CDGK terminates retired employees by cancelling contracts

CDGK terminates retired employees by cancelling contracts

City District Government Karachi (CDGK) has terminated all of the retired employees working on contractual basis by cancelling the contracts with immediate effect here on Wednesday. The notice issued from the office of Masood Alam, District Officer, Human
Published 09 Dec, 2010 12:00am
Age limit for used cars' import raised to five years

Age limit for used cars' import raised to five years

The Commerce Ministry on Wednesday increased the age limit of imported second-hand cars from three to five years under 'personal baggage, gift and transfer of residence schemes', which according to analysts would undoubtedly harm the local auto industry.
Published 09 Dec, 2010 12:00am
Gilani condemns Kohat suicide attack

Gilani condemns Kohat suicide attack

Prime Minister Syed Yusuf Raza Gilani, who is here on a three-day official visit, on Wednesday strongly condemned the suicide attack in Tirah Bazaar in Kohat and expressed deep shock and grief over the sad incident. He said the resolve of the government t
Published 09 Dec, 2010 12:00am
RGST regime: over 350 audit officers' post upgraded

RGST regime: over 350 audit officers' post upgraded

The Federal Board of Revenue has upgraded the posts of over 350 Inland Revenue Audit officers from Grade-16 to Grade-17, which would play a crucial role in carrying out transparent audit under the Reformed General Sales Tax (RGST) regime. Sources told
Published 09 Dec, 2010 12:00am
The Weather

The Weather

The weather report on Wednesday (December 08, 2010) and the forecast for Thursday (December 09, 2010).

Published 09 Dec, 2010 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 09 Dec, 2010 12:00am
'Unlimited wheat export unlikely to bear fruit'

'Unlimited wheat export unlikely to bear fruit'

The delayed decision of the federal government to allow unlimited wheat export is unlikely to bear fruit as domestic and international wheat prices are almost the same. Consequently no private party is likely to be interested in wheat export trade, as the
Published 09 Dec, 2010 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 09 Dec, 2010 12:00am
'PML-N believes in politics of public service'

'PML-N believes in politics of public service'

Pakistan Muslim League-Nawaz (PML-N) believes in politics of public service and Punjab government is acting upon the agenda of including the poor people in the mainstream for the development of the province. Punjab Chief Minister Shahbaz Sharif said this
Published 09 Dec, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 08, 2010).

Published 09 Dec, 2010 12:00am
Two security personnel killed in landmine blast

Two security personnel killed in landmine blast

Two security personnel were killed and six others suffered injuries in a landmine blast at Baladhaki area of Kohlu district, the injured told here on Wednesday. According to official sources, a vehicle of security forces travelling towards Chamalang from
Published 09 Dec, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 08, 2010).

Published 09 Dec, 2010 12:00am
SNGPL to suspend gas supply to 600 industrial units for two days

SNGPL to suspend gas supply to 600 industrial units for two days

Sui Northern Gas Pipelines Limited (SNGPL) will cut off gas supply to more than 600 industrial units from Thursday (today) at 6am for 48, as a resul more than 300,000 workers most of them daily wagers would become jobless.
Published 09 Dec, 2010 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (December 08, 2010).

Published 09 Dec, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 08, 2010).

Published 09 Dec, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (December 08, 2010) and for Thursday (December 09, 2010)
Published 09 Dec, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 08, 2010).

Published 09 Dec, 2010 12:00am
Cameron phones Zardari

Cameron phones Zardari

British Prime Minister David Cameron telephoned President Zardari on Wednesday night. The two leaders discussed bilateral matters as well as the situation in the region.
Published 09 Dec, 2010 12:00am
Cameron phones Zardari

Cameron phones Zardari

British Prime Minister David Cameron telephoned President Zardari on Wednesday night. The two leaders discussed bilateral matters as well as the situation in the region.
Published 09 Dec, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 08, 2010).

Published 09 Dec, 2010 12:00am
Need for more Pakistan, South Korea cooperation

Need for more Pakistan, South Korea cooperation

There is need for more people to people contact to reflect the very friendly relations between South Korea and Pakistan. This was said by Korean Ambassador Choong Joo Choi at a reception hosted by Korean Consul General In Ki Lee. The Korean Ambassador wel
Published 09 Dec, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 08, 2010).

Published 09 Dec, 2010 12:00am
India submits Saarc rail, road link draft: HC

India submits Saarc rail, road link draft: HC

Indian High Commissioner to Pakistan, Sharat Sabharwal, on Wednesday said India has submitted the Saarc countries a rail and road link draft to help them develop connectivity in the region to promote economic activities for benefiting from each others'' r
Published 09 Dec, 2010 12:00am
India submits Saarc rail, road link draft: HC

India submits Saarc rail, road link draft: HC

Indian High Commissioner to Pakistan, Sharat Sabharwal, on Wednesday said India has submitted the Saarc countries a rail and road link draft to help them develop connectivity in the region to promote economic activities for benefiting from each others' re
Published 09 Dec, 2010 12:00am
India submits Saarc rail, road link draft: HC

India submits Saarc rail, road link draft: HC

Indian High Commissioner to Pakistan, Sharat Sabharwal, on Wednesday said India has submitted the Saarc countries a rail and road link draft to help them develop connectivity in the region to promote economic activities for benefiting from each others' re
Published 09 Dec, 2010 12:00am
THE RUPEE: mixed trend prevails

THE RUPEE: mixed trend prevails

The rupee depicted mixed trend versus dollar while it gained sharply against euro on the currency market on Wednesday, dealers said.
Published 09 Dec, 2010 12:00am
Accord signed to kill poppy fields, find traffickers

Accord signed to kill poppy fields, find traffickers

Afghanistan, Pakistan and Tajikistan agreed with Russia on Wednesday to step up efforts in fighting the Afghan heroin trade which kills at least 30,000 Russians a year. "We are neighbours linked by the same piece of land, and we have the potential to stre
Published 09 Dec, 2010 12:00am
THE RUPEE: mixed trend prevails

THE RUPEE: mixed trend prevails

The rupee depicted mixed trend versus dollar while it gained sharply against euro on the currency market on Wednesday, dealers said.
Published 09 Dec, 2010 12:00am
Accord signed to kill poppy fields, find traffickers

Accord signed to kill poppy fields, find traffickers

Afghanistan, Pakistan and Tajikistan agreed with Russia on Wednesday to step up efforts in fighting the Afghan heroin trade which kills at least 30,000 Russians a year. "We are neighbours linked by the same piece of land, and we have the potential to stre
Published 09 Dec, 2010 12:00am
President confers Nishan-i-Imtiaz on General Wynne

President confers Nishan-i-Imtiaz on General Wynne

President Asif Ali Zardari conferred Nishan-i-Imtiaz (Military) on Chairman Joint Chiefs of Staff Committee General Khalid Shameem Wynne, at a special investiture ceremony held at the Aiwan-e-Sadr on Wednesday. The award of Nishan-i-Imtiaz (Military) has
Published 09 Dec, 2010 12:00am
President confers Nishan-i-Imtiaz on General Wynne

President confers Nishan-i-Imtiaz on General Wynne

President Asif Ali Zardari conferred Nishan-i-Imtiaz (Military) on Chairman Joint Chiefs of Staff Committee General Khalid Shameem Wynne, at a special investiture ceremony held at the Aiwan-e-Sadr on Wednesday. The award of Nishan-i-Imtiaz (Military) has
Published 09 Dec, 2010 12:00am
TI releases seventh ''Global Corruption Barometer, survey today

TI releases seventh ''Global Corruption Barometer, survey today

Transparency International (TI), a Berlin-based civil society organisation, fighting corruption world-wide, is to release its 7th ''Global Corruption Barometer'' on UN anti-corruption day-December 9, 2010(today). This year''s survey is the biggest so far,
Published 09 Dec, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (December 08, 2010).

Published 09 Dec, 2010 12:00am
TI releases seventh 'Global Corruption Barometer, survey today

TI releases seventh 'Global Corruption Barometer, survey today

Transparency International (TI), a Berlin-based civil society organisation, fighting corruption world-wide, is to release its 7th 'Global Corruption Barometer' on UN anti-corruption day-December 9, 2010(today). This year's survey is the biggest so far, co
Published 09 Dec, 2010 12:00am
TI releases seventh 'Global Corruption Barometer, survey today

TI releases seventh 'Global Corruption Barometer, survey today

Transparency International (TI), a Berlin-based civil society organisation, fighting corruption world-wide, is to release its 7th 'Global Corruption Barometer' on UN anti-corruption day-December 9, 2010(today). This year's survey is the biggest so far, co
Published 09 Dec, 2010 12:00am
Equities move both ways at ISE

Equities move both ways at ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 58.48 points, as the Index moved from 2,906.50 to 2,964.
Published 09 Dec, 2010 12:00am
Equities move both ways at ISE

Equities move both ways at ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 58.48 points, as the Index moved from 2,906.50 to 2,964.
Published 09 Dec, 2010 12:00am
Bullish sentiment on LSE

Bullish sentiment on LSE

Bullish sentiment was observed on the Lahore Stock Exchange on Wednesday and equities registered gains amid considerably improved trading turnover following fresh buying interest on the part of investors. The LSE-25 index jumped to 3665.74 against 3595.99
Published 09 Dec, 2010 12:00am
Bullish sentiment on LSE

Bullish sentiment on LSE

Bullish sentiment was observed on the Lahore Stock Exchange on Wednesday and equities registered gains amid considerably improved trading turnover following fresh buying interest on the part of investors. The LSE-25 index jumped to 3665.74 against 3595.99
Published 09 Dec, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Dec, 2010 12:00am
BRIndex30 up 170.7 points

BRIndex30 up 170.7 points

On Wednesday, the BRIndex30 opened at 8,559.19 points and remained in positive zone throughout the trading session with a clear rising trend. It touched the intra-day high of 8,743.21 points and low of 8,559.19 points, and closed at 8,729.89 points with a
Published 09 Dec, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Dec, 2010 12:00am
BRIndex30 up 170.7 points

BRIndex30 up 170.7 points

On Wednesday, the BRIndex30 opened at 8,559.19 points and remained in positive zone throughout the trading session with a clear rising trend. It touched the intra-day high of 8,743.21 points and low of 8,559.19 points, and closed at 8,729.89 points with a
Published 09 Dec, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 09 Dec, 2010 12:00am
Index touches 29-month high level

Index touches 29-month high level

Bullish trend was witnessed at Karachi share market on Wednesday on the back of strong support by both foreign and local investors and the KSE-100 index registered a healthy gain of 198.92 points to close at 29-month high of 11,629.93 points. "Foreign inv
Published 09 Dec, 2010 12:00am