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Print - 2010-12-30
NAB files reference against former postmaster

NAB files reference against former postmaster

The National Accountability Bureau (NAB) Punjab on Wednesday filed a reference in the Accountability Court Lahore against an ex-postmaster, Bilal Town Office, for misappropriation of Rs 3,269,090. According to the reference, an investigation was authorise
Published 30 Dec, 2010 12:00am
PML-N challenges appointment of governors

PML-N challenges appointment of governors

Pakistan Muslim League (PML-N) leader Syed Zafar Ali Shah Wednesday challenged the appointment of all four provincial governors in the Supreme Court, terming their appointment during Musharraf regime unconstitutional after passage of 18th Amendment bill f
Published 30 Dec, 2010 12:00am
Cooking oil/ghee prices shoot up Rs 20 per kg within five days

Cooking oil/ghee prices shoot up Rs 20 per kg within five days

The cooking-oil/ghee manufacturers have increased the price of good quality product like Dalda, Sufi and Habib by Rs 20 per kg and normal quality by Rs 10 per kg within short span of five days, wholesale market traders revealed. Traders at Gunj Mandi Rawa
Published 30 Dec, 2010 12:00am
Remittance services: MCB Bank signs agreement with EIIE

Remittance services: MCB Bank signs agreement with EIIE

MCB Bank Limited (MCB) has initiated a new remittance service to Pakistan from United Arab Emirates (UAE) and in this regard an agreement has been signed on Wednesday between MCB Bank Limited and UAE based Emirates India International Exchange (EIIE) - a
Published 30 Dec, 2010 12:00am
Global oil prices grew by only 14 percent in 2010

Global oil prices grew by only 14 percent in 2010

After a record gain of more than 78 percent in 2009, the international oil prices (WTI) grew by only 14 percent in 2010, less than average annual gain of 21 percent in the last decade, analysts said. They said that like other commodities, uncertainty on g
Published 30 Dec, 2010 12:00am
PSO clarification

PSO clarification

Apropos news item titled "Power shortfall touches 3,000MW" carried by Business Recorder on December 29, 2010 PSO clarifies that the Company is maintaining regular and uninterrupted supplies of fuel to the power sector as per the agreements with ind
Published 30 Dec, 2010 12:00am
The Weather

The Weather

The weather report on Wednesday (December 29, 2010) and the forecast for Thursday (December 30, 2010).

Published 30 Dec, 2010 12:00am
Emergency plan to eradicate polio finalised: minister

Emergency plan to eradicate polio finalised: minister

Federal Minister for Health Makhdoom Shahab Uddin has said that emergency plan has been finalised to eradicate polio from the country once for all. The Minister on Wednesday joined the vaccination campaign of Islamabad Traffic Police (ITP) at F-7 Markaz J
Published 30 Dec, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
Bail application of murder accused turned down

Bail application of murder accused turned down

The Lahore High Court rejected the bail application of Shabbir Ahmad of Faisalabad who is accused of double murder. According to complainant, Mohammad Arslan, applicant along with three other persons forcibly entered in his house on February 18 and looted
Published 30 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 29, 2010).

Published 30 Dec, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (December 29, 2010)and for Thursday (December 30, 2010).
Published 30 Dec, 2010 12:00am
Trains allowed stops

Trains allowed stops

Railway administration has allowed the 9-up 10-down Allama Iqbal Express two minutes stop at Dunyapur railway station running between Sialkot-Karachi. It also has given permission to 26-down Bahauddin Zikriya Express two minutes stop at Liaquatpur Railway
Published 30 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 29, 2010).

Published 30 Dec, 2010 12:00am
Minister fires his consultant for disobeying orders

Minister fires his consultant for disobeying orders

Privatisation minister, Waqar Ahmed Khan has fired his consultant Waqar Khawaja for disobeying his orders by not accompany him to London for a presentation to the investors on some entities posted for sale at London Stock Exchange (LSE).
Published 30 Dec, 2010 12:00am
Government asked to implement law requiring prior permission from FO

Government asked to implement law requiring prior permission from FO

Dr Fehmida Mirza, speaker National Assembly on Wednesday asked the government to implement the law requiring prior permission from Foreign Office for a visiting diplomat aspirant of holding meetings with Pakistani officials and politicians, implemented.
Published 30 Dec, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
Kidnapping bid foiled in Quetta, three held

Kidnapping bid foiled in Quetta, three held

Quetta police thwarting the kidnapping attempt and arrested three persons here in a raid conducted in Kili Barozai, Wednesday. Addressing at a hurriedly called press conference here at CCPO office, DIG (Operations) Hamid Shakil said that armed kidnappers
Published 30 Dec, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
'Policy of reconciliation to continue'

'Policy of reconciliation to continue'

Sindh Governor Dr Ishratul Ibad Khan called on President Zardari late Wednesday night, Aaj News reported. According to the channel, Punjab Governor Salman Taseer was also present during the meeting. Quoting sources, the channel claimed that the Sin
Published 30 Dec, 2010 12:00am
Tahaffuz-e-Namoos-e-Risalat law not to be repealed: Khurshid

Tahaffuz-e-Namoos-e-Risalat law not to be repealed: Khurshid

Federal Minister for Labour and Manpower Syed Khurshid Shah on Wednesday said while giving official statement that the government has no intention to repeal Tahaffuz-e-Namoos-e-Risalat law. "I announce with full responsibility and give official statement
Published 30 Dec, 2010 12:00am
Tahaffuz-e-Namoos-e-Risalat law not to be repealed: Khurshid

Tahaffuz-e-Namoos-e-Risalat law not to be repealed: Khurshid

Federal Minister for Labour and Manpower Syed Khurshid Shah on Wednesday said while giving official statement that the government has no intention to repeal Tahaffuz-e-Namoos-e-Risalat law. "I announce with full responsibility and give official statement
Published 30 Dec, 2010 12:00am
THE RUPEE: minor fluctuations

THE RUPEE: minor fluctuations

Steady trend was seen on the currency market as the rupee managed to hold its overnight level in relation to dollar, dealers said. The rupee was up by one paisa versus dollar for buying at 85.84 while it shed same amount for selling at 85.89, they said.
Published 30 Dec, 2010 12:00am
Revenue target revised downwards: Budgetary framework rationalised

Revenue target revised downwards: Budgetary framework rationalised

The Federal Board of Revenue has admitted that the revenue collection target has been revised downwards from Rs 1667 billion to Rs 1604.4 billion in view of revision of the overall budgetary framework. The FBR report on tax projections for 2010-11 issued
Published 30 Dec, 2010 12:00am
THE RUPEE: minor fluctuations

THE RUPEE: minor fluctuations

Steady trend was seen on the currency market as the rupee managed to hold its overnight level in relation to dollar, dealers said. The rupee was up by one paisa versus dollar for buying at 85.84 while it shed same amount for selling at 85.89, they said.
Published 30 Dec, 2010 12:00am
Revenue target revised downwards: Budgetary framework rationalised

Revenue target revised downwards: Budgetary framework rationalised

The Federal Board of Revenue has admitted that the revenue collection target has been revised downwards from Rs 1667 billion to Rs 1604.4 billion in view of revision of the overall budgetary framework. The FBR report on tax projections for 2010-11 issued
Published 30 Dec, 2010 12:00am
Revenue target revised downwards: Budgetary framework rationalised

Revenue target revised downwards: Budgetary framework rationalised

The Federal Board of Revenue has admitted that the revenue collection target has been revised downwards from Rs 1667 billion to Rs 1604.4 billion in view of revision of the overall budgetary framework. The FBR report on tax projections for 2010-11 issued
Published 30 Dec, 2010 12:00am
BB assassination case: Saud, Khurram sent to Adiala Jail on remand

BB assassination case: Saud, Khurram sent to Adiala Jail on remand

Judge of an Anti Terrorism Court (ATC) Rawalpindi, Rana Nisar Ali Khan on Wednesday sent the former City Police Officer (CPO) Syed Saud Aziz and former SP Rawal Town Khurram Shehzad to Adiala Jail on judicial remand. The FIA had sought nine days physical
Published 30 Dec, 2010 12:00am
BB assassination case: Saud, Khurram sent to Adiala Jail on remand

BB assassination case: Saud, Khurram sent to Adiala Jail on remand

Judge of an Anti Terrorism Court (ATC) Rawalpindi, Rana Nisar Ali Khan on Wednesday sent the former City Police Officer (CPO) Syed Saud Aziz and former SP Rawal Town Khurram Shehzad to Adiala Jail on judicial remand. The FIA had sought nine days physical
Published 30 Dec, 2010 12:00am
Backchannel Saudi-Syrian initiative to salve Hariri report impact

Backchannel Saudi-Syrian initiative to salve Hariri report impact

A Saudi-Syrian initiative to ease political tensions in Lebanon ahead of the release of a report by an international tribunal on the 2005 assassination of former Premier Rafik Hariri is bearing fruit, a western diplomatic source said Wednesday.
Published 30 Dec, 2010 12:00am
Backchannel Saudi-Syrian initiative to salve Hariri report impact

Backchannel Saudi-Syrian initiative to salve Hariri report impact

A Saudi-Syrian initiative to ease political tensions in Lebanon ahead of the release of a report by an international tribunal on the 2005 assassination of former Premier Rafik Hariri is bearing fruit, a western diplomatic source said Wednesday.
Published 30 Dec, 2010 12:00am
Phenomenal increase in TDAP fee

Phenomenal increase in TDAP fee

Trade Development Authority of Pakistan (TDAP) has unexpectedly announced that it will increase the fee for Certificate of Origin by 3900 percent, shocking the already struggling exporters. Sources told Business Recorder on Wednesday that exporters
Published 30 Dec, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
Phenomenal increase in TDAP fee

Phenomenal increase in TDAP fee

Trade Development Authority of Pakistan (TDAP) has unexpectedly announced that it will increase the fee for Certificate of Origin by 3900 percent, shocking the already struggling exporters. Sources told Business Recorder on Wednesday that exporters
Published 30 Dec, 2010 12:00am
Phenomenal increase in TDAP fee

Phenomenal increase in TDAP fee

Trade Development Authority of Pakistan (TDAP) has unexpectedly announced that it will increase the fee for Certificate of Origin by 3900 percent, shocking the already struggling exporters. Sources told Business Recorder on Wednesday that exporters
Published 30 Dec, 2010 12:00am
National Assembly unanimously passes two bills

National Assembly unanimously passes two bills

The National Assembly on Wednesday unanimously passed "The Pakistan Trade Control of Wild Fauna and Flora Bill, 2010 and The Pakistan Engineering Council (Amendment) Bill, 2010." Federal Minister for Environment Hameed Ullah Jan Afridi moved "The Pakistan
Published 30 Dec, 2010 12:00am
National Assembly unanimously passes two bills

National Assembly unanimously passes two bills

The National Assembly on Wednesday unanimously passed "The Pakistan Trade Control of Wild Fauna and Flora Bill, 2010 and The Pakistan Engineering Council (Amendment) Bill, 2010." Federal Minister for Environment Hameed Ullah Jan Afridi moved "The Pakistan
Published 30 Dec, 2010 12:00am
National Assembly unanimously passes two bills

National Assembly unanimously passes two bills

The National Assembly on Wednesday unanimously passed "The Pakistan Trade Control of Wild Fauna and Flora Bill, 2010 and The Pakistan Engineering Council (Amendment) Bill, 2010." Federal Minister for Environment Hameed Ullah Jan Afridi moved "The Pakistan
Published 30 Dec, 2010 12:00am
National Assembly unanimously passes two bills

National Assembly unanimously passes two bills

The National Assembly on Wednesday unanimously passed "The Pakistan Trade Control of Wild Fauna and Flora Bill, 2010 and The Pakistan Engineering Council (Amendment) Bill, 2010." Federal Minister for Environment Hameed Ullah Jan Afridi moved "The Pakistan
Published 30 Dec, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Dec, 2010 12:00am
Election for vice president: BP grabs another seat

Election for vice president: BP grabs another seat

Businessmen Panel (BP) of Tariq Sayeed grabbed another seat by winning an election for vice president held on December 29 to take its vice president''s seats to 7. BP''s Akbar Khan got 6 vote to win vice president from Khyber Pukhtunkhawa and his rival Fa
Published 30 Dec, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Dec, 2010 12:00am
Election for vice president: BP grabs another seat

Election for vice president: BP grabs another seat

Businessmen Panel (BP) of Tariq Sayeed grabbed another seat by winning an election for vice president held on December 29 to take its vice president's seats to 7. BP's Akbar Khan got 6 vote to win vice president from Khyber Pukhtunkhawa and his rival Fais
Published 30 Dec, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 30 Dec, 2010 12:00am
Election for vice president: BP grabs another seat

Election for vice president: BP grabs another seat

Businessmen Panel (BP) of Tariq Sayeed grabbed another seat by winning an election for vice president held on December 29 to take its vice president's seats to 7. BP's Akbar Khan got 6 vote to win vice president from Khyber Pukhtunkhawa and his rival Fais
Published 30 Dec, 2010 12:00am
ISE index gains 9.43 points

ISE index gains 9.43 points

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 09.43 points, as the Index moved from 2,968.00 to 2,977.
Published 30 Dec, 2010 12:00am
ISE index gains 9.43 points

ISE index gains 9.43 points

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 09.43 points, as the Index moved from 2,968.00 to 2,977.
Published 30 Dec, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 30 Dec, 2010 12:00am
Mixed sentiments prevail on LSE

Mixed sentiments prevail on LSE

Mixed sentiments prevailed on the Lahore Stock Exchange (LSE) on Wednesday where equities moved both ways and finally ended in green zone amid marginally decreased trading turnover. The LSE-25 index was increased by 19.09 points and was closed at 3686.88
Published 30 Dec, 2010 12:00am
Mixed sentiments prevail on LSE

Mixed sentiments prevail on LSE

Mixed sentiments prevailed on the Lahore Stock Exchange (LSE) on Wednesday where equities moved both ways and finally ended in green zone amid marginally decreased trading turnover. The LSE-25 index was increased by 19.09 points and was closed at 3686.88
Published 30 Dec, 2010 12:00am
Two shot dead

Two shot dead

At least two persons including the activist of Ahle Sunnat Wal Jamat (ASWJ) were killed while a worker of Sunni Tehreek was injured in different firing incidents in New Karachi and tension engulfed the whole area here on Wednesday.
Published 30 Dec, 2010 12:00am
Rs 99 billion bids accepted at treasury bill auction

Rs 99 billion bids accepted at treasury bill auction

A shut-off from the State Bank of Pakistan not to lend to the Federal government for budgetary support resulted in throwing overboard its Treasury Bills target of Rs 15 billion, and scurrying to raise a whopping Rs 95 billion from the banks. On Wednesday,
Published 30 Dec, 2010 12:00am
Rs 99 billion bids accepted at treasury bill auction

Rs 99 billion bids accepted at treasury bill auction

A shut-off from the State Bank of Pakistan not to lend to the Federal government for budgetary support resulted in throwing overboard its Treasury Bills target of Rs 15 billion, and scurrying to raise a whopping Rs 95 billion from the banks. On Wednesday,
Published 30 Dec, 2010 12:00am
Rs 99 billion bids accepted at treasury bill auction

Rs 99 billion bids accepted at treasury bill auction

A shut-off from the State Bank of Pakistan not to lend to the Federal government for budgetary support resulted in throwing overboard its Treasury Bills target of Rs 15 billion, and scurrying to raise a whopping Rs 95 billion from the banks. On Wednesday,
Published 30 Dec, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
Rs 99 billion bids accepted at treasury bill auction

Rs 99 billion bids accepted at treasury bill auction

A shut-off from the State Bank of Pakistan not to lend to the Federal government for budgetary support resulted in throwing overboard its Treasury Bills target of Rs 15 billion, and scurrying to raise a whopping Rs 95 billion from the banks. On Wednesday,
Published 30 Dec, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
Nepra slashes power tariffs of KESC, discos

Nepra slashes power tariffs of KESC, discos

The National Electric Power Regulatory Authority (Nepra) on Wednesday slashed tariff of power distribution companies (discos by Rs 1.08 per unit) and Karachi Electric Supply Company (KESC) by 46 paisa per unit under the monthly fuel price adjustment mecha
Published 30 Dec, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
Nepra slashes power tariffs of KESC, discos

Nepra slashes power tariffs of KESC, discos

The National Electric Power Regulatory Authority (Nepra) on Wednesday slashed tariff of power distribution companies (discos by Rs 1.08 per unit) and Karachi Electric Supply Company (KESC) by 46 paisa per unit under the monthly fuel price adjustment mecha
Published 30 Dec, 2010 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
Nepra slashes power tariffs of KESC, discos

Nepra slashes power tariffs of KESC, discos

The National Electric Power Regulatory Authority (Nepra) on Wednesday slashed tariff of power distribution companies (discos by Rs 1.08 per unit) and Karachi Electric Supply Company (KESC) by 46 paisa per unit under the monthly fuel price adjustment mecha
Published 30 Dec, 2010 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 29, 2010).

Published 30 Dec, 2010 12:00am
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