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Print - 2011-01-12
The Weather

The Weather

The weather report on Tuesday (January 11, 2011) and the forecast for Wednesday (January 12, 2011).

Published 12 Jan, 2011 12:00am
PML-Q blames Punjab government for bad governance

PML-Q blames Punjab government for bad governance

Pakistan Muslim League-Quaid (PML-Q) senior leader and former federal minister for food & Agriculture Alhaj Sikandar Hayat Bosan has accused the Punjab government headed by Mian Shahbaz Sharif of causing a loss of Rs 7 billion through bad governance in th
Published 12 Jan, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (January 11, 2011).

Published 12 Jan, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (January 11, 2011).

Published 12 Jan, 2011 12:00am
General elections can be held any time: Imran

General elections can be held any time: Imran

Chairman, Pakistan Tehreek-e Insaf (PTI), Imran Khan has said the prevailing political situation in the country indicates that general election could be held any time, and PTI has started reorganisation of the party and preparation for the elections.
Published 12 Jan, 2011 12:00am
LHC issues notices

LHC issues notices

The Lahore High Court (LHC) issued notices to District Officer (MCH) Lahore Dr Nasreen Hameed and others in a petition filed by a citizen Muhammad Rafiq challenging her qualification. The petitioner through his counsel Rana Habib-ur-Rehman contended that
Published 12 Jan, 2011 12:00am
Babar's death condoled

Babar's death condoled

Finance Minister Khyber Pakhtunkhwa, Eng Humayun Khan on Tuesday while expressing his profound grief over the death of former governor of the province and veteran political figure Major General Nasirullah Khan Babar (Retd) termed it a great loss for the c
Published 12 Jan, 2011 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 12 Jan, 2011 12:00am
Khurshid attends debriefing on Haj

Khurshid attends debriefing on Haj

Federal Minister for Religious Affairs, Syed Khurshid Shah along with Minister of State for Religious Affairs, Shagufta Jumani attended de-briefing meeting on Haj 2010. The Secretary, Joint Secretary and private company owners and DG Haj and others also a
Published 12 Jan, 2011 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 12 Jan, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (January 11, 2011).

Published 12 Jan, 2011 12:00am
Transfers, postings in Punjab

Transfers, postings in Punjab

The Punjab government has on Tuesday carried out transfer and posting of senior government official. According to a notification, Captain Tariq Masud (Retd), presently serving under the Punjab government, has been relieved of his duties to join his new as
Published 12 Jan, 2011 12:00am
For growth of textile industry: Ministry, APTMA on the same page

For growth of textile industry: Ministry, APTMA on the same page

The Federal Textile Ministry and the All Pakistan Textile Mills Association (APTMA) are on the same page so far as the growth of textile industry is concerned. A strong bond between the sides is likely to develop in near future, especially if the Federal
Published 12 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 11, 2011).

Published 12 Jan, 2011 12:00am
Railways faces acute shortage of fuel as PSO cuts supply

Railways faces acute shortage of fuel as PSO cuts supply

Pakistan State Oil (PSO) has cut down oil supply to Pakistan Railways after PR's cheque of Rs 700 million bounced back owing insufficient funds in the Railway's account. Pakistan Railways is now facing acute fuel shortage and is left with only one day's o
Published 12 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 11, 2011).

Published 12 Jan, 2011 12:00am
Worship places: 45 attacks took place from March 2008 to December 2010

Worship places: 45 attacks took place from March 2008 to December 2010

As many as 45 incidents of attacks on worship places took place during the period from March 2008 to December 31, 2010 in the tenure of the Pakistan People's Party (PPP) led coalition government. According to a 'white-paper' released by Pakistan Muslim Le
Published 12 Jan, 2011 12:00am
Probe into corruption in engineers' companies begins

Probe into corruption in engineers' companies begins

The inquiry committee constituted by Prime Minister Yousuf Raza Gilani to probe the corruption in consulting engineers companies has started work headed by a former supreme court judge. This committee also includes a member from Ministry of Finance, Plann
Published 12 Jan, 2011 12:00am
JI protests against Pope's outburst

JI protests against Pope's outburst

Thousands joined the Jamaat-i-Islami protest against Pope Benedict's demand for repeal of the Blasphemy (of the Holy Prophet) Law besides the Law on the Finality of the Holy Prophet (pbuh) at Multan Road on Tuesday afternoon.
Published 12 Jan, 2011 12:00am
THE RUPEE: dollar at high level

THE RUPEE: dollar at high level

The rupee hit the low at 86 in the open market on Tuesday as a result of importers' rush for dollar buying to clear the bills, specially for oil payments, dealers said.
Published 12 Jan, 2011 12:00am
Punjab Water Policy to be evolved to provide clean drinking water: Khosa

Punjab Water Policy to be evolved to provide clean drinking water: Khosa

Senior Advisor to Chief Minister Punjab, Sardar Zulfiqar Ali Khan Khosa has said that a comprehensive Punjab Water Policy would be evolved to provide clean drinking water to the people of the province and strategy, planning and financial resources would b
Published 12 Jan, 2011 12:00am
THE RUPEE: dollar at high level

THE RUPEE: dollar at high level

The rupee hit the low at 86 in the open market on Tuesday as a result of importers' rush for dollar buying to clear the bills, specially for oil payments, dealers said.
Published 12 Jan, 2011 12:00am
Rising temperature improves gas availability for domestic consumers

Rising temperature improves gas availability for domestic consumers

After two days of bright sun shine, the increase of 5 to 6 degree celsius in maximum temperature has improved gas availability to domestic consumers during the day time. Rehan Nawaz General Manager Sales, SNGPL told Business Recorder here on Tuesda
Published 12 Jan, 2011 12:00am
'Biotechnology has become world major industry'

'Biotechnology has become world major industry'

The biotechnology has become world major industry to produce all out preventive vaccines against human as well as livestock. This was stated by University of Veterinary and Animal Sciences (UVAS) Vice Chancellor Professor Dr Muhammad Nawaz. While addressi
Published 12 Jan, 2011 12:00am
PWP, PC, WMO organise seminar

PWP, PC, WMO organise seminar

Dr Nadeem-ul-Haque, Deputy Chairman, Planning Commission (PC), chaired, one-day seminar organised by Pakistan Water Partnership (PWP) with the support of Planning Commission (PC), Government of Pakistan, and the World Meteorological Organisation (WMO), Ge
Published 12 Jan, 2011 12:00am
FED refund must be claimed under ERS

FED refund must be claimed under ERS

The Federal Board of Revenue (FBR) has made it mandatory for the manufacturers-cum-exporters to claim the federal excise duty (FED) refund under the Expeditious Refund System (ERS). The FBR issued Federal Excise General Order 1 of 2011 issued here on Tues
Published 12 Jan, 2011 12:00am
FED refund must be claimed under ERS

FED refund must be claimed under ERS

The Federal Board of Revenue (FBR) has made it mandatory for the manufacturers-cum-exporters to claim the federal excise duty (FED) refund under the Expeditious Refund System (ERS). The FBR issued Federal Excise General Order 1 of 2011 issued here on Tues
Published 12 Jan, 2011 12:00am
FED refund must be claimed under ERS

FED refund must be claimed under ERS

The Federal Board of Revenue (FBR) has made it mandatory for the manufacturers-cum-exporters to claim the federal excise duty (FED) refund under the Expeditious Refund System (ERS). The FBR issued Federal Excise General Order 1 of 2011 issued here on Tues
Published 12 Jan, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (January 11, 2011).

Published 12 Jan, 2011 12:00am
Iran exported $513 million worth of non-oil goods to Pakistan in 2010

Iran exported $513 million worth of non-oil goods to Pakistan in 2010

Iran exported over $513 million worth of non-oil goods to Pakistan in 2010, an official of Trade Promotion Organisation of Iran said here on Tuesday. IRNA news agency quoted Amir Talebi as saying that the amount shows 30% increase as compared to 2009.
Published 12 Jan, 2011 12:00am
Iran exported $513 million worth of non-oil goods to Pakistan in 2010

Iran exported $513 million worth of non-oil goods to Pakistan in 2010

Iran exported over $513 million worth of non-oil goods to Pakistan in 2010, an official of Trade Promotion Organisation of Iran said here on Tuesday. IRNA news agency quoted Amir Talebi as saying that the amount shows 30% increase as compared to 2009.
Published 12 Jan, 2011 12:00am
Iran exported $513 million worth of non-oil goods to Pakistan in 2010

Iran exported $513 million worth of non-oil goods to Pakistan in 2010

Iran exported over $513 million worth of non-oil goods to Pakistan in 2010, an official of Trade Promotion Organisation of Iran said here on Tuesday. IRNA news agency quoted Amir Talebi as saying that the amount shows 30% increase as compared to 2009.
Published 12 Jan, 2011 12:00am
Terror can't be ignored for friendly ties with Pakistan: India

Terror can't be ignored for friendly ties with Pakistan: India

India on Tuesday said it was willing to go "more than half the way" to hold peace talks with Pakistan but terrorism could "not be shoved under the carpet." External Affairs Minister S.M. Krishna, in interaction with visiting journalists from Eastern Europ
Published 12 Jan, 2011 12:00am
Terror can't be ignored for friendly ties with Pakistan: India

Terror can't be ignored for friendly ties with Pakistan: India

India on Tuesday said it was willing to go "more than half the way" to hold peace talks with Pakistan but terrorism could "not be shoved under the carpet." External Affairs Minister S.M. Krishna, in interaction with visiting journalists from Eastern Europ
Published 12 Jan, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Jan, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Jan, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 12 Jan, 2011 12:00am
Biden says US may stay in Afghanistan after 2014

Biden says US may stay in Afghanistan after 2014

US Vice President Joe Biden stressed Tuesday that his country's troops could stay in Afghanistan after 2014 if Afghans want them to, on day two of a surprise visit to the war-torn nation. Speaking after talks with President Hamid Karzai in Kabul, Biden sa
Published 12 Jan, 2011 12:00am
Biden says US may stay in Afghanistan after 2014

Biden says US may stay in Afghanistan after 2014

US Vice President Joe Biden stressed Tuesday that his country's troops could stay in Afghanistan after 2014 if Afghans want them to, on day two of a surprise visit to the war-torn nation. Speaking after talks with President Hamid Karzai in Kabul, Biden sa
Published 12 Jan, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 12 Jan, 2011 12:00am
One killed, 13 hurt in power cut protest

One killed, 13 hurt in power cut protest

One person was killed and 13 others were injured during a clash between police and people protesting against long hours load-shedding here on Tuesday. Hundreds of people and tribes of Issakai staged a protest demonstration against load-shedding on Dera-Ba
Published 12 Jan, 2011 12:00am
One killed, 13 hurt in power cut protest

One killed, 13 hurt in power cut protest

One person was killed and 13 others were injured during a clash between police and people protesting against long hours load-shedding here on Tuesday. Hundreds of people and tribes of Issakai staged a protest demonstration against load-shedding on Dera-Ba
Published 12 Jan, 2011 12:00am
If the gesture is beautiful

If the gesture is beautiful

French poet Laurent Tailhade, a strong anarchist supporter, shocked a literary supper when he exclaimed: 'What do the victims matter, as long as the gesture is beautiful?'-a view, according to historian Michael Burleigh, the poet probably revised when a r
Published 12 Jan, 2011 12:00am
If the gesture is beautiful

If the gesture is beautiful

French poet Laurent Tailhade, a strong anarchist supporter, shocked a literary supper when he exclaimed: 'What do the victims matter, as long as the gesture is beautiful?'-a view, according to historian Michael Burleigh, the poet probably revised when a r
Published 12 Jan, 2011 12:00am
Justice Iqbal's parents found strangled

Justice Iqbal's parents found strangled

The parents of Justice Javed Iqbal of Supreme Court - Abdul Hameed and Aamna Hameed - were found dead at his residence in Calvery Ground here on Tuesday night. CCPO Lahore said they were strangled to death by some unknown persons at the residence of Justi
Published 12 Jan, 2011 12:00am
Justice Iqbal's parents found strangled

Justice Iqbal's parents found strangled

The parents of Justice Javed Iqbal of Supreme Court - Abdul Hameed and Aamna Hameed - were found dead at his residence in Calvery Ground here on Tuesday night. CCPO Lahore said they were strangled to death by some unknown persons at the residence of Justi
Published 12 Jan, 2011 12:00am
BRIndex30 down 12.92 points

BRIndex30 down 12.92 points

On Tuesday, the BRIndex30 opened at 9,116.11 points. It touched the intra-day high of 9,167.69 points and low of 9,059.94 points and closed at 9,103.19 points with a net negative change of -12.92 points, or -0.14 percent.
Published 12 Jan, 2011 12:00am
BRIndex30 down 12.92 points

BRIndex30 down 12.92 points

On Tuesday, the BRIndex30 opened at 9,116.11 points. It touched the intra-day high of 9,167.69 points and low of 9,059.94 points and closed at 9,103.19 points with a net negative change of -12.92 points, or -0.14 percent.
Published 12 Jan, 2011 12:00am
Index loses 39.49 points

Index loses 39.49 points

After witnessing mixed trend on Tuesday, the KSE-100 index closed at 12,267.21 points with a loss of 39.49 points. The index earlier hit 12,367.28 points intra-day high on the back of foreign investors'' support. However, local investors opted for profit
Published 12 Jan, 2011 12:00am
Index loses 39.49 points

Index loses 39.49 points

After witnessing mixed trend on Tuesday, the KSE-100 index closed at 12,267.21 points with a loss of 39.49 points. The index earlier hit 12,367.28 points intra-day high on the back of foreign investors' support. However, local investors opted for profit t
Published 12 Jan, 2011 12:00am
Index loses 39.49 points

Index loses 39.49 points

After witnessing mixed trend on Tuesday, the KSE-100 index closed at 12,267.21 points with a loss of 39.49 points. The index earlier hit 12,367.28 points intra-day high on the back of foreign investors' support. However, local investors opted for profit t
Published 12 Jan, 2011 12:00am
16.8 percent rise in July-December remittances

16.8 percent rise in July-December remittances

Remittances sent home by overseas Pakistanis continued to show rising trend as $5,291.41 million was received in the first half of the current fiscal year 2010-11(July-December), showing an increase of $761.23 million, or 16.80 percent, when compared with
Published 12 Jan, 2011 12:00am
16.8 percent rise in July-December remittances

16.8 percent rise in July-December remittances

Remittances sent home by overseas Pakistanis continued to show rising trend as $5,291.41 million was received in the first half of the current fiscal year 2010-11(July-December), showing an increase of $761.23 million, or 16.80 percent, when compared with
Published 12 Jan, 2011 12:00am
16.8 percent rise in July-December remittances

16.8 percent rise in July-December remittances

Remittances sent home by overseas Pakistanis continued to show rising trend as $5,291.41 million was received in the first half of the current fiscal year 2010-11(July-December), showing an increase of $761.23 million, or 16.80 percent, when compared with
Published 12 Jan, 2011 12:00am
Exports register 35.9 percent growth in December

Exports register 35.9 percent growth in December

Pakistan''s exports witnessed a growth of 35.9 percent to US $2.127 billion in December 2010 as compared to last corresponding period. According to details, the country''s exports during December 2010 were valued at US $2.127 billion, which is 35.9 percen
Published 12 Jan, 2011 12:00am
Exports register 35.9 percent growth in December

Exports register 35.9 percent growth in December

Pakistan's exports witnessed a growth of 35.9 percent to US $2.127 billion in December 2010 as compared to last corresponding period. According to details, the country's exports during December 2010 were valued at US $2.127 billion, which is 35.9 percent
Published 12 Jan, 2011 12:00am
Exports register 35.9 percent growth in December

Exports register 35.9 percent growth in December

Pakistan's exports witnessed a growth of 35.9 percent to US $2.127 billion in December 2010 as compared to last corresponding period. According to details, the country's exports during December 2010 were valued at US $2.127 billion, which is 35.9 percent
Published 12 Jan, 2011 12:00am
July-December trade deficit soars to $8.149 billion

July-December trade deficit soars to $8.149 billion

The country''s trade deficit soared to $8.149 billion in July-December 2010, 18.20 percent up over $6.89 billion for the same period of last year, according to the Federal Bureau of Statistics (FBS). Official trade figures released by the FBS here on Tues
Published 12 Jan, 2011 12:00am