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Print - 2010-12-24
Drone victim seeks to put US on trial

Drone victim seeks to put US on trial

Sadaullah Wazir says he was relaxing in his front yard when the missile struck, hurling him against the wall and mangling his legs so badly that they had to be amputated. Three of his relatives died. Now the 17-year-old and his family want justice from Am
Published 24 Dec, 2010 12:00am
Bodies of two personnel of spy agencies found

Bodies of two personnel of spy agencies found

Police in the limits of Sukkhun police station on Thursday found two bodies said to be of the personnel of spy agency. According to police sources, two personnel of spy agency were targeted at Rehri road in the limits of Sukkhun police station. The victim
Published 24 Dec, 2010 12:00am
Domestic users face shortage of gas in Lahore

Domestic users face shortage of gas in Lahore

Low pressure of gas in the city continued for the second day. Despite tall claims of Sui Northern Gas Pipelines Limited (SNGPL), acute shortage of gas has paralysed the routine life of the people in various areas of the city. Unavailability of gas on Thur
Published 24 Dec, 2010 12:00am
Approval of 19th Amendment termed a historic achievement

Approval of 19th Amendment termed a historic achievement

Provincial Minister for Finance and Planning & Development, Tanvir Ashraf Kaira has said that the approval of 19th Constitutional Amendment from National Assembly is the historical achievement of all political parties and it is the historic amendment in t
Published 24 Dec, 2010 12:00am
Book on 'Principles of Marketing, A South Asian Perspective' launched

Book on 'Principles of Marketing, A South Asian Perspective' launched

Director, Institute of Business Administration, Dr Ishrat Hussain has said that more success stories should be included in the marketing management's books so Pakistani marketers can learn and apply more diverse ideas and marketing strategies.
Published 24 Dec, 2010 12:00am
Delegation of students visits GCU

Delegation of students visits GCU

Talented students of Balochistan, Sindh and Kyber Pakhttunkhwa on Thursday visited the Government College University Lahore and got inspiration from the Original Nobel Prize of Pakistan's only Noble Laureate Professor Dr Abdus Salam, housed in the Library
Published 24 Dec, 2010 12:00am
PCMC identifies various locations for power projects

PCMC identifies various locations for power projects

Punjab Secretary Mineral and Mines, Shahid Mehmood has said the Punjab Coal Mining Company (PCMC) established by the provincial government, has identified various locations for 400-600MW coal based power projects in the province. He disclosed this in a me
Published 24 Dec, 2010 12:00am
The Weather

The Weather

The weather report on Thursday (December 23, 2010) and the forecast for Friday (December 24, 2010).

Published 24 Dec, 2010 12:00am
4,000 police personnel to perform duties on Christmas

4,000 police personnel to perform duties on Christmas

More than 4,000 police officials will perform their duties on the eve of Christmas to encounter the threat of terrorism in the provincial metropolis, as additional force has been deputed at the entry and exit points of the city. Police commandos have been
Published 24 Dec, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 23, 2010).

Published 24 Dec, 2010 12:00am
Altaf phones Fazal Karim, discuss political situation

Altaf phones Fazal Karim, discuss political situation

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain on Thursday telephoned Sunni Ittehad Council (SIC) chief, Sahibzada Fazal Karim and discussed with him the prevailing political situation, challenges being faced by the country, law and order, inflation a
Published 24 Dec, 2010 12:00am
Tripartite meeting held in Kabul

Tripartite meeting held in Kabul

The 32nd tripartite meeting was held in Kabul, Afghanistan, on Thursday. Chief of the Army Staff General Ashfaq Parvez Kayani, Commander ISAF General David H Petraeus and General Sher Muhammad Kirimi of Afghanistan led respective delegation of their count
Published 24 Dec, 2010 12:00am
Tripartite meeting held in Kabul

Tripartite meeting held in Kabul

The 32nd tripartite meeting was held in Kabul, Afghanistan, on Thursday. Chief of the Army Staff General Ashfaq Parvez Kayani, Commander ISAF General David H Petraeus and General Sher Muhammad Kirimi of Afghanistan led respective delegation of their count
Published 24 Dec, 2010 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 24 Dec, 2010 12:00am
Forex reserves decline by $24 million

Forex reserves decline by $24 million

The country''s foreign exchange reserves plunged by $24 million during the last week due to slow foreign inflows and huge payments. The State Bank of Pakistan (SBP) on Thursday said that the country''s foreign reserves have declined to $16.393 billion dur
Published 24 Dec, 2010 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 24 Dec, 2010 12:00am
Forex reserves decline by $24 million

Forex reserves decline by $24 million

The country's foreign exchange reserves plunged by $24 million during the last week due to slow foreign inflows and huge payments. The State Bank of Pakistan (SBP) on Thursday said that the country's foreign reserves have declined to $16.393 billion durin
Published 24 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 Thursday (December 23, 2010).

Published 24 Dec, 2010 12:00am
Forex reserves decline by $24 million

Forex reserves decline by $24 million

The country's foreign exchange reserves plunged by $24 million during the last week due to slow foreign inflows and huge payments. The State Bank of Pakistan (SBP) on Thursday said that the country's foreign reserves have declined to $16.393 billion durin
Published 24 Dec, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 23, 2010).

Published 24 Dec, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (December 23, 2010)and for Friday (December 24, 2010).
Published 24 Dec, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 23, 2010).

Published 24 Dec, 2010 12:00am
Bomb blasts hit Swiss, Chilean embassies in Rome

Bomb blasts hit Swiss, Chilean embassies in Rome

Bomb blasts in the Chilean and Swiss embassies in Rome injured two staffers on Thursday, officials said, as Italian prosecutors opened an investigation into a suspected "attack with terrorist aims." Foreign Minister Franco Frattini said the attacks repres
Published 24 Dec, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 23, 2010).

Published 24 Dec, 2010 12:00am
Bomb blasts hit Swiss, Chilean embassies in Rome

Bomb blasts hit Swiss, Chilean embassies in Rome

Bomb blasts in the Chilean and Swiss embassies in Rome injured two staffers on Thursday, officials said, as Italian prosecutors opened an investigation into a suspected "attack with terrorist aims." Foreign Minister Franco Frattini said the attacks repres
Published 24 Dec, 2010 12:00am
USDA''s CCC cancels soyoil tender

USDA''s CCC cancels soyoil tender

The US Agriculture Department''s Commodity Credit Corp (CCC) on Wednesday cancelled a tender to buy 10,450 tonnes of US soyoil for donation to Pakistan. The tender was cancelled because of a "change in program requirements," the CCC said.
Published 24 Dec, 2010 12:00am
USDA's CCC cancels soyoil tender

USDA's CCC cancels soyoil tender

The US Agriculture Department's Commodity Credit Corp (CCC) on Wednesday cancelled a tender to buy 10,450 tonnes of US soyoil for donation to Pakistan. The tender was cancelled because of a "change in program requirements," the CCC said.
Published 24 Dec, 2010 12:00am
THE RUPEE: marginal fluctuations

THE RUPEE: marginal fluctuations

Marginal changes were seen on the currency market on Thursday in process of persisting demand for dollars to clear year-end payments, dealers said. The rupee continued its fall versus dollar, losing one paisa for buying at 85.74 and it also dropped by two
Published 24 Dec, 2010 12:00am
USDA's CCC cancels soyoil tender

USDA's CCC cancels soyoil tender

The US Agriculture Department's Commodity Credit Corp (CCC) on Wednesday cancelled a tender to buy 10,450 tonnes of US soyoil for donation to Pakistan. The tender was cancelled because of a "change in program requirements," the CCC said.
Published 24 Dec, 2010 12:00am
THE RUPEE: marginal fluctuations

THE RUPEE: marginal fluctuations

Marginal changes were seen on the currency market on Thursday in process of persisting demand for dollars to clear year-end payments, dealers said. The rupee continued its fall versus dollar, losing one paisa for buying at 85.74 and it also dropped by two
Published 24 Dec, 2010 12:00am
Former chief minister Kerala K Karunakaran passes away

Former chief minister Kerala K Karunakaran passes away

Veteran Congress leader and four-time Chief Minister of Kerala and former Union Minister Kannoth Karunakaran died at a private hospital in Thiruvananthapuram on Thursday, a private TV channel reported. Karunakaran was admitted to the hospital with severe
Published 24 Dec, 2010 12:00am
Former chief minister Kerala K Karunakaran passes away

Former chief minister Kerala K Karunakaran passes away

Veteran Congress leader and four-time Chief Minister of Kerala and former Union Minister Kannoth Karunakaran died at a private hospital in Thiruvananthapuram on Thursday, a private TV channel reported. Karunakaran was admitted to the hospital with severe
Published 24 Dec, 2010 12:00am
Foreign investors: repatriation of profit, dividend up by three percent

Foreign investors: repatriation of profit, dividend up by three percent

The repatriation of profit and dividend by the foreign investors registered a slight increase of 3 percent during the first five months of the current fiscal year. The repatriation of profit was constantly on decline during the initial months of the curre
Published 24 Dec, 2010 12:00am
Foreign investors: repatriation of profit, dividend up by three percent

Foreign investors: repatriation of profit, dividend up by three percent

The repatriation of profit and dividend by the foreign investors registered a slight increase of 3 percent during the first five months of the current fiscal year. The repatriation of profit was constantly on decline during the initial months of the curre
Published 24 Dec, 2010 12:00am
Foreign investors: repatriation of profit, dividend up by three percent

Foreign investors: repatriation of profit, dividend up by three percent

The repatriation of profit and dividend by the foreign investors registered a slight increase of 3 percent during the first five months of the current fiscal year. The repatriation of profit was constantly on decline during the initial months of the curre
Published 24 Dec, 2010 12:00am
Swiss official urges three charged with nuke smuggling

Swiss official urges three charged with nuke smuggling

Smuggling charges should be brought against three Swiss engineers suspected of giving nuclear weapons technology to a rogue network in Pakistan, a magistrate said Thursday, in a case involving CIA ties, shredded documents and national security implication
Published 24 Dec, 2010 12:00am
Swiss official urges three charged with nuke smuggling

Swiss official urges three charged with nuke smuggling

Smuggling charges should be brought against three Swiss engineers suspected of giving nuclear weapons technology to a rogue network in Pakistan, a magistrate said Thursday, in a case involving CIA ties, shredded documents and national security implication
Published 24 Dec, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (December 23, 2010).

Published 24 Dec, 2010 12:00am
ISE index down 19.88 points

ISE index down 19.88 points

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 19.88 points as the ISE Ten Index moved from 2,984.84 to 2,964.96
Published 24 Dec, 2010 12:00am
ISE index down 19.88 points

ISE index down 19.88 points

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 19.88 points as the ISE Ten Index moved from 2,984.84 to 2,964.96
Published 24 Dec, 2010 12:00am
LSE index loses 20.67 points

LSE index loses 20.67 points

Bearish sentiments continued on the Lahore Stock Exchange (LSE) on Thursday and equities maintained downward slide amid low trading activity because of lacking interest on the part of investors who remained on the sideline. The LSE-25 index lost 20.67 poi
Published 24 Dec, 2010 12:00am
LSE index loses 20.67 points

LSE index loses 20.67 points

Bearish sentiments continued on the Lahore Stock Exchange (LSE) on Thursday and equities maintained downward slide amid low trading activity because of lacking interest on the part of investors who remained on the sideline. The LSE-25 index lost 20.67 poi
Published 24 Dec, 2010 12:00am
STLDS 2001 launch delayed

STLDS 2001 launch delayed

A key documentation measure of the untapped sectors has been delayed due to non-fulfilment of legal formalities for launching the Sales Tax Lucky Draw Scheme (STLDS), 2011. As the Law and Justice Division has yet not vetted the statutory regulatory order
Published 24 Dec, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Dec, 2010 12:00am
STLDS 2001 launch delayed

STLDS 2001 launch delayed

A key documentation measure of the untapped sectors has been delayed due to non-fulfilment of legal formalities for launching the Sales Tax Lucky Draw Scheme (STLDS), 2011. As the Law and Justice Division has yet not vetted the statutory regulatory order
Published 24 Dec, 2010 12:00am
STLDS 2001 launch delayed

STLDS 2001 launch delayed

A key documentation measure of the untapped sectors has been delayed due to non-fulfilment of legal formalities for launching the Sales Tax Lucky Draw Scheme (STLDS), 2011. As the Law and Justice Division has yet not vetted the statutory regulatory order
Published 24 Dec, 2010 12:00am
Income Tax Ordinance 2001: PBA proposes amendments to Seventh Schedule

Income Tax Ordinance 2001: PBA proposes amendments to Seventh Schedule

Pakistan Banks'' Association (PBA) has proposed amendments in the Seventh Schedule (Banking Schedule) of the Income Tax Ordinance 2001 to remove a major anomaly relating to carryover of charge for bad debts provisions on account of Consumer and Small and
Published 24 Dec, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 24 Dec, 2010 12:00am
Income Tax Ordinance 2001: PBA proposes amendments to Seventh Schedule

Income Tax Ordinance 2001: PBA proposes amendments to Seventh Schedule

Pakistan Banks' Association (PBA) has proposed amendments in the Seventh Schedule (Banking Schedule) of the Income Tax Ordinance 2001 to remove a major anomaly relating to carryover of charge for bad debts provisions on account of Consumer and Small and M
Published 24 Dec, 2010 12:00am
Income Tax Ordinance 2001: PBA proposes amendments to Seventh Schedule

Income Tax Ordinance 2001: PBA proposes amendments to Seventh Schedule

Pakistan Banks' Association (PBA) has proposed amendments in the Seventh Schedule (Banking Schedule) of the Income Tax Ordinance 2001 to remove a major anomaly relating to carryover of charge for bad debts provisions on account of Consumer and Small and M
Published 24 Dec, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (December 23, 2010).

Published 24 Dec, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (December 23, 2010).

Published 24 Dec, 2010 12:00am
Finance Ministry assures to release Rs 35 billion to PSO

Finance Ministry assures to release Rs 35 billion to PSO

Finance Ministry has assured release of Rs 35 billion to cash-strapped Pakistan State Oil (PSO) which is at the verge of default due to non-payment of dues by power sector. PSO is continuing supply of oil by borrowing loans from banks. Bank sources said t
Published 24 Dec, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (December 23, 2010).

Published 24 Dec, 2010 12:00am
Finance Ministry assures to release Rs 35 billion to PSO

Finance Ministry assures to release Rs 35 billion to PSO

Finance Ministry has assured release of Rs 35 billion to cash-strapped Pakistan State Oil (PSO) which is at the verge of default due to non-payment of dues by power sector. PSO is continuing supply of oil by borrowing loans from banks. Bank sources said t
Published 24 Dec, 2010 12:00am
Finance Ministry assures to release Rs 35 billion to PSO

Finance Ministry assures to release Rs 35 billion to PSO

Finance Ministry has assured release of Rs 35 billion to cash-strapped Pakistan State Oil (PSO) which is at the verge of default due to non-payment of dues by power sector. PSO is continuing supply of oil by borrowing loans from banks. Bank sources said t
Published 24 Dec, 2010 12:00am
OGDCL receives three bids for KPD project

OGDCL receives three bids for KPD project

Oil and Gas Development Company Limited (OGDCL) on Thursday received three bids for multi million dollar Kunnar Pasakhi Deep (KPD) project following a controversial formula, which gives discretionary power to OGDCL management to award contract to the cost
Published 24 Dec, 2010 12:00am
OGDCL receives three bids for KPD project

OGDCL receives three bids for KPD project

Oil and Gas Development Company Limited (OGDCL) on Thursday received three bids for multi million dollar Kunnar Pasakhi Deep (KPD) project following a controversial formula, which gives discretionary power to OGDCL management to award contract to the cost
Published 24 Dec, 2010 12:00am
OGDCL receives three bids for KPD project

OGDCL receives three bids for KPD project

Oil and Gas Development Company Limited (OGDCL) on Thursday received three bids for multi million dollar Kunnar Pasakhi Deep (KPD) project following a controversial formula, which gives discretionary power to OGDCL management to award contract to the cost
Published 24 Dec, 2010 12:00am
Pakistan takes strong exception: Indo-Russia statement

Pakistan takes strong exception: Indo-Russia statement

Pakistan on Thursday took exception to the Indo-Russia joint statement and termed the references to Pakistan as "unwarranted and unacceptable". A statement from the Foreign Office noted the references to Pakistan in the statement issued in New Delhi that
Published 24 Dec, 2010 12:00am
Pakistan takes strong exception: Indo-Russia statement

Pakistan takes strong exception: Indo-Russia statement

Pakistan on Thursday took exception to the Indo-Russia joint statement and termed the references to Pakistan as "unwarranted and unacceptable". A statement from the Foreign Office noted the references to Pakistan in the statement issued in New Delhi that
Published 24 Dec, 2010 12:00am
BRIndex30 depicts downward trend

BRIndex30 depicts downward trend

On Thursday, BRIndex30 opened at 8,804.15 and after remaining positive for the first hour of market opening, it fell and continued in a general downward trend. It touched an intraday high of 8,848.67 and an intraday low of 8,699.76 and closed at 8,715.62
Published 24 Dec, 2010 12:00am
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