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Print - 2011-02-01
JI urges women to play their role to protect Islamic values

JI urges women to play their role to protect Islamic values

The Jamaat-e-Islami chief, Syed Munawar Hasan, has stressed upon the women in the country to play their due role in safeguarding the Islamic civilisation, culture and values. Addressing a large gathering of the Islami Jamiat- e- Talibat at Mansoora on Mon
Published 01 Feb, 2011 12:00am
Single accountability law: PPP- PML(N) panel seems to be in accord

Single accountability law: PPP- PML(N) panel seems to be in accord

The Parliamentary Committees of Pakistan People's Party (PPP) and Pakistan Muslim League (Nawaz) on Monday seemed to have reached an agreement on one accountability law for across-the-board accountability of all the institutions instead of separate laws b
Published 01 Feb, 2011 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee moved both ways on the currency market on Monday in process of trading, dealers said. The rupee shed three paisa against dollar for buying at 85.68 and came down with a slight loss of two paisa for selling at 85.72, they said.
Published 01 Feb, 2011 12:00am
Single accountability law: PPP- PML(N) panel seems to be in accord

Single accountability law: PPP- PML(N) panel seems to be in accord

The Parliamentary Committees of Pakistan People's Party (PPP) and Pakistan Muslim League (Nawaz) on Monday seemed to have reached an agreement on one accountability law for across-the-board accountability of all the institutions instead of separate laws b
Published 01 Feb, 2011 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee moved both ways on the currency market on Monday in process of trading, dealers said. The rupee shed three paisa against dollar for buying at 85.68 and came down with a slight loss of two paisa for selling at 85.72, they said.
Published 01 Feb, 2011 12:00am
Oil surges above $101 on Egypt uncertainty

Oil surges above $101 on Egypt uncertainty

Brent oil prices jumped above $101 a barrel for the first time since 2008 on Monday on concern that unrest in Egypt could spread to Middle Eastern crude-producing countries or disrupt Suez Canal flows. Egyptian President Hosni Mubarak overhauled his gover
Published 01 Feb, 2011 12:00am
Oil surges above $101 on Egypt uncertainty

Oil surges above $101 on Egypt uncertainty

Brent oil prices jumped above $101 a barrel for the first time since 2008 on Monday on concern that unrest in Egypt could spread to Middle Eastern crude-producing countries or disrupt Suez Canal flows. Egyptian President Hosni Mubarak overhauled his gover
Published 01 Feb, 2011 12:00am
Oil surges above $101 on Egypt uncertainty

Oil surges above $101 on Egypt uncertainty

Brent oil prices jumped above $101 a barrel for the first time since 2008 on Monday on concern that unrest in Egypt could spread to Middle Eastern crude-producing countries or disrupt Suez Canal flows. Egyptian President Hosni Mubarak overhauled his gover
Published 01 Feb, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 31, 2011).

Published 01 Feb, 2011 12:00am
Government keeps POL prices unchanged

Government keeps POL prices unchanged

Government decided on Monday to keep oil prices unchanged after facing political pressure from different parties effective from February 1, 2011 (today). Oil and Gas Regulatory Authority (Ogra) has issued notification in this regard.
Published 01 Feb, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 31, 2011).

Published 01 Feb, 2011 12:00am
Government keeps POL prices unchanged

Government keeps POL prices unchanged

Government decided on Monday to keep oil prices unchanged after facing political pressure from different parties effective from February 1, 2011 (today). Oil and Gas Regulatory Authority (Ogra) has issued notification in this regard.
Published 01 Feb, 2011 12:00am
Government keeps POL prices unchanged

Government keeps POL prices unchanged

Government decided on Monday to keep oil prices unchanged after facing political pressure from different parties effective from February 1, 2011 (today). Oil and Gas Regulatory Authority (Ogra) has issued notification in this regard.
Published 01 Feb, 2011 12:00am
Tunisia, Egypt have changed mood within Opec: Badri

Tunisia, Egypt have changed mood within Opec: Badri

Opec is concerned by unrest in Egypt but sees no need for an immediate boost in its output as there is no shortage of oil, the group's top producer Saudi Arabia and its leading official said on Monday. Oil prices have spiked due to tensions in Egypt. Bren
Published 01 Feb, 2011 12:00am
Tunisia, Egypt have changed mood within Opec: Badri

Tunisia, Egypt have changed mood within Opec: Badri

Opec is concerned by unrest in Egypt but sees no need for an immediate boost in its output as there is no shortage of oil, the group's top producer Saudi Arabia and its leading official said on Monday. Oil prices have spiked due to tensions in Egypt. Bren
Published 01 Feb, 2011 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 22nd January, 2011.

Published 01 Feb, 2011 12:00am
Tunisia, Egypt have changed mood within Opec: Badri

Tunisia, Egypt have changed mood within Opec: Badri

Opec is concerned by unrest in Egypt but sees no need for an immediate boost in its output as there is no shortage of oil, the group''s top producer Saudi Arabia and its leading official said on Monday. Oil prices have spiked due to tensions in Egypt. Bre
Published 01 Feb, 2011 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 22nd January, 2011.

Published 01 Feb, 2011 12:00am
Army says demands legitimate, will not shoot

Army says demands legitimate, will not shoot

The all-powerful army said on Monday Egyptians' demands were legitimate and vowed not to fire on them as protesters, who are demanding the ouster of President Hosni Mubarak, prepared a general strike and million-strong marches. In what is seen as a sop, a
Published 01 Feb, 2011 12:00am
Army says demands legitimate, will not shoot

Army says demands legitimate, will not shoot

The all-powerful army said on Monday Egyptians' demands were legitimate and vowed not to fire on them as protesters, who are demanding the ouster of President Hosni Mubarak, prepared a general strike and million-strong marches. In what is seen as a sop, a
Published 01 Feb, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (January 31, 2011).

Published 01 Feb, 2011 12:00am
TCP issues tender: urea import to cost Rs eight billion

TCP issues tender: urea import to cost Rs eight billion

The Trading Corporation of Pakistan (TCP) will spend about Rs 8 billion on the import of 0.225 million tons of urea. The TCP on Monday issued Gallop tender to invite bids for import of 0.225 million tons of urea from international suppliers.
Published 01 Feb, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (January 31, 2011).

Published 01 Feb, 2011 12:00am
TCP issues tender: urea import to cost Rs eight billion

TCP issues tender: urea import to cost Rs eight billion

The Trading Corporation of Pakistan (TCP) will spend about Rs 8 billion on the import of 0.225 million tons of urea. The TCP on Monday issued Gallop tender to invite bids for import of 0.225 million tons of urea from international suppliers.
Published 01 Feb, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (January 31, 2011).

Published 01 Feb, 2011 12:00am
TCP issues tender: urea import to cost Rs eight billion

TCP issues tender: urea import to cost Rs eight billion

The Trading Corporation of Pakistan (TCP) will spend about Rs 8 billion on the import of 0.225 million tons of urea. The TCP on Monday issued Gallop tender to invite bids for import of 0.225 million tons of urea from international suppliers.
Published 01 Feb, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (January 31, 2011).

Published 01 Feb, 2011 12:00am
Pakistan nuclear arsenal tops 100: Washington Post

Pakistan nuclear arsenal tops 100: Washington Post

Pakistan has doubled its nuclear weapons stockpile over the past several years, increasing its arsenal to more than 100 deployed weapons, The Washington Post reported late Sunday. Citing US non-government analysts, the newspaper said that only four
Published 01 Feb, 2011 12:00am
Pakistan nuclear arsenal tops 100: Washington Post

Pakistan nuclear arsenal tops 100: Washington Post

Pakistan has doubled its nuclear weapons stockpile over the past several years, increasing its arsenal to more than 100 deployed weapons, The Washington Post reported late Sunday. Citing US non-government analysts, the newspaper said that only four
Published 01 Feb, 2011 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (January 31, 2011).

Published 01 Feb, 2011 12:00am
Bearish sentiments dominate LSE

Bearish sentiments dominate LSE

Bearish sentiments dominated on the Lahore Stock Exchange on Monday and the equities registered losses amid selling pressure in oil and banking sectors' shares. The LSE-25 index fell down to 3774.83 against 3849.50 of last Friday, denoting a decline of 74
Published 01 Feb, 2011 12:00am
Bearish sentiments dominate LSE

Bearish sentiments dominate LSE

Bearish sentiments dominated on the Lahore Stock Exchange on Monday and the equities registered losses amid selling pressure in oil and banking sectors' shares. The LSE-25 index fell down to 3774.83 against 3849.50 of last Friday, denoting a decline of 74
Published 01 Feb, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (January 31, 2011).

Published 01 Feb, 2011 12:00am
ISE index sheds 29.23 points

ISE index sheds 29.23 points

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Monday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 29.23 points from 3,055.77 points to 3,026.54 points. Turnover amounted to 149,875 shares as
Published 01 Feb, 2011 12:00am
ISE index sheds 29.23 points

ISE index sheds 29.23 points

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Monday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 29.23 points from 3,055.77 points to 3,026.54 points. Turnover amounted to 149,875 shares as
Published 01 Feb, 2011 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 (January 31, 2011).

Published 01 Feb, 2011 12:00am
'Pakistan could see Tunisia-style unrest'

'Pakistan could see Tunisia-style unrest'

Food insecurity caused by devastating floods in Pakistan could eventually lead to social unrest similar to that seen in Tunisia, the head of the international Red Cross federation warned on Monday. Increasing disasters and conflicts across the world and s
Published 01 Feb, 2011 12:00am
'Pakistan could see Tunisia-style unrest'

'Pakistan could see Tunisia-style unrest'

Food insecurity caused by devastating floods in Pakistan could eventually lead to social unrest similar to that seen in Tunisia, the head of the international Red Cross federation warned on Monday. Increasing disasters and conflicts across the world and s
Published 01 Feb, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (January 31, 2011).

Published 01 Feb, 2011 12:00am
LPG price reduced by Rs 12 per kg

LPG price reduced by Rs 12 per kg

Following the decline in the international pricing benchmark for fuel, the price of Liquefied Petroleum Gas (LPG) has been reduced by Rs 12 per kilogramme, traders said on Monday. According to LPG Distributors Association of Pakistan (LPGDAP), the reduced
Published 01 Feb, 2011 12:00am
LPG price reduced by Rs 12 per kg

LPG price reduced by Rs 12 per kg

Following the decline in the international pricing benchmark for fuel, the price of Liquefied Petroleum Gas (LPG) has been reduced by Rs 12 per kilogramme, traders said on Monday. According to LPG Distributors Association of Pakistan (LPGDAP), the reduced
Published 01 Feb, 2011 12:00am
LPG price reduced by Rs 12 per kg

LPG price reduced by Rs 12 per kg

Following the decline in the international pricing benchmark for fuel, the price of Liquefied Petroleum Gas (LPG) has been reduced by Rs 12 per kilogramme, traders said on Monday. According to LPG Distributors Association of Pakistan (LPGDAP), the reduced
Published 01 Feb, 2011 12:00am
'Pakistan to cut BlackBerry services for foreign missions'

'Pakistan to cut BlackBerry services for foreign missions'

Authorities have asked mobile telephone operators to stop BlackBerry (BB) services to foreign missions in the country amid concern about the security of the communications, industry sources said on Monday. Two industry officials confirmed that the regulat
Published 01 Feb, 2011 12:00am
'Pakistan to cut BlackBerry services for foreign missions'

'Pakistan to cut BlackBerry services for foreign missions'

Authorities have asked mobile telephone operators to stop BlackBerry (BB) services to foreign missions in the country amid concern about the security of the communications, industry sources said on Monday. Two industry officials confirmed that the regulat
Published 01 Feb, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (January 31, 2011) and for Tuesday (February 01, 2011).
Published 01 Feb, 2011 12:00am
''Pakistan to cut BlackBerry services for foreign missions''

''Pakistan to cut BlackBerry services for foreign missions''

Authorities have asked mobile telephone operators to stop BlackBerry (BB) services to foreign missions in the country amid concern about the security of the communications, industry sources said on Monday. Two industry officials confirmed that the regulat
Published 01 Feb, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (January 31, 2011).

Published 01 Feb, 2011 12:00am
321 industrial units closed down in Khyber Pakhtunkhwa, Balochistan

321 industrial units closed down in Khyber Pakhtunkhwa, Balochistan

Federal Minister for Industries and Production Mir Hazar Khan Bijarani Monday informed the National Assembly that 321 industrial units have been closed down during the fiscal 2009-10 in Khyber-Pakhtunkhwa and Balochistan due to several problems including
Published 01 Feb, 2011 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 01 Feb, 2011 12:00am
321 industrial units closed down in Khyber Pakhtunkhwa, Balochistan

321 industrial units closed down in Khyber Pakhtunkhwa, Balochistan

Federal Minister for Industries and Production Mir Hazar Khan Bijarani Monday informed the National Assembly that 321 industrial units have been closed down during the fiscal 2009-10 in Khyber-Pakhtunkhwa and Balochistan due to several problems including
Published 01 Feb, 2011 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 01 Feb, 2011 12:00am
321 industrial units closed down in Khyber Pakhtunkhwa, Balochistan

321 industrial units closed down in Khyber Pakhtunkhwa, Balochistan

Federal Minister for Industries and Production Mir Hazar Khan Bijarani Monday informed the National Assembly that 321 industrial units have been closed down during the fiscal 2009-10 in Khyber-Pakhtunkhwa and Balochistan due to several problems including
Published 01 Feb, 2011 12:00am
MoI&P, PSMA differ on sugar production figures

MoI&P, PSMA differ on sugar production figures

Differences have emerged between the Ministry of Industries and Production (MoI&P) and Pakistan Sugar Mills Association (PSMA) over sugar production figures for the current year. According to the MoI&P, sugar production in 2010-11 has been estimated at 3.
Published 01 Feb, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 31, 2011).

Published 01 Feb, 2011 12:00am
Prime Minister condemns Peshawar blasts

Prime Minister condemns Peshawar blasts

Prime Minister Syed Yusuf Raza Gilani on Monday strongly condemned two bomb blasts in Peshawar that claimed innocent lives. In a message, the Prime Minister ordered inquiry into the incident and directed best possible treatment for the injured. He express
Published 01 Feb, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 31, 2011).

Published 01 Feb, 2011 12:00am
Cooperative Housing Societies: call to make audit transparent

Cooperative Housing Societies: call to make audit transparent

The audit reports of co-operative housing societies should be so transparent that their actual performance could be seen, while the societies working against Co-operative Act and bylaws should be dealt through legal action. Punjab Co-operative Secretary,
Published 01 Feb, 2011 12:00am
The Weather

The Weather

The weather report on Monday (January 31, 2011) and the forecast for Tuesday (February 01, 2011).

Published 01 Feb, 2011 12:00am
Blasphemy law: 'nobody paying attention to logical arguments'

Blasphemy law: 'nobody paying attention to logical arguments'

Pakistan People's Party (PPP) Central Information Secretary, Fouzia Wahab said on Monday that no body is ready to listen to the logical facts regarding blasphemy law. She said that media is dominated by 'journalists having right wing ideas'.
Published 01 Feb, 2011 12:00am
Government sets up 104 reproductive health services-A centres

Government sets up 104 reproductive health services-A centres

Minister for Population Welfare Punjab, Neelam Jabbar Chaudhry said the government has established 104 reproductive health services-A centres and these would be increased to 130 to provide better reproductive health services. While talking to a delegation
Published 01 Feb, 2011 12:00am
'Pakistan's situation is not comparable to Egypt, Tunisia'

'Pakistan's situation is not comparable to Egypt, Tunisia'

Punjab Finance Minister Tanvir Ashraf Kaira has said that the situation of Pakistan is not similar to Egypt and Tunisia and thus ruled out any such uprising in the country. He was talking to various delegations here on Monday, disclosed an official.
Published 01 Feb, 2011 12:00am
'Solution to all problems lies in a free and fair election'

'Solution to all problems lies in a free and fair election'

Deputy Secretary General Jamaat-e-Islami Pakistan Farid Ahmad Paracha has said that solution to all the problems faced by Pakistan lies in a free, fair and transparent election and public's mandate to an honest and patriotic leadership.
Published 01 Feb, 2011 12:00am
Nadra resolves around 151,220 complaints regarding Watan cards

Nadra resolves around 151,220 complaints regarding Watan cards

Using its efficient Complaints Redressal System, National Database and Registration Authority (Nadra) has effectively and transparently resolved 151,220 complaints from flood-affected population who had been facing different problems in getting Watan card
Published 01 Feb, 2011 12:00am
Government urged to check rising unemployment, price hike

Government urged to check rising unemployment, price hike

The government needs to play a greater role to deal with stagnant industrial activities, increase in unemployment and unprecedented hike of prices of daily-use items. Pakistan Industrial and Traders Association Front (PIAF) Chairman, Sohail Lashari said t
Published 01 Feb, 2011 12:00am
LCCI to hold Economic Dialogue 2011 today

LCCI to hold Economic Dialogue 2011 today

In an attempt to explore all available solutions to the ongoing economic crisis, the Lahore Chamber of Commerce and Industry (LCCI) is holding Economic Dialogue 2011 on Tuesday (today). The Economic Dialogue 2011 is aimed at providing the government a roa
Published 01 Feb, 2011 12:00am
Two power transformers installed at Shahpur, Piplan grid stations

Two power transformers installed at Shahpur, Piplan grid stations

Grid Station Construction (GSC) directorate of Fesco has installed and commissioned two power transformers of double capacity at 132-KV Shahpur and Piplan grid stations. Sheikh Akhtar Hussain Manager (GSC) said that a power transformer of 10/13 MVA instal
Published 01 Feb, 2011 12:00am
Industrial issues to be resolved on priority basis: Khosa

Industrial issues to be resolved on priority basis: Khosa

Punjab Governor, Sardar Latif Khosa has said issues relating to industry will be resolved on priority basis, as industry's friendly strategies can put the country on the path of progress and prosperity. He was talking to a delegation of Federation of Paki
Published 01 Feb, 2011 12:00am
Shahbaz, Khosa pledge to work for province's uplift

Shahbaz, Khosa pledge to work for province's uplift

Punjab Governor, Sardar Latif Khosa and Chief Minister, Shahbaz Sharif in a meeting here on Monday expressed the resolve to work together with the spirit of mutual understanding for ultimately benefiting public at large. Shahbaz Sharif called on Latif Kho
Published 01 Feb, 2011 12:00am
Paapam accuses government of destroying auto industry

Paapam accuses government of destroying auto industry

Aamir Allawala, Chairman and Nabeel Hashmi, Vice Chairman, Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam), has said almost 400 manufacturers of automobile components employing over 200,000 workers anxiously await their fat
Published 01 Feb, 2011 12:00am
Zafarullah Chaudhry re-elected CPSP President

Zafarullah Chaudhry re-elected CPSP President

Professor Zafarullah Chaudhry has been re-elected President of the College of Physicians & Surgeons Pakistan (CPSP) for the term 2011-14. Also, Professor Khalid Masood Gondal and Professor Tariq Mahmood Khan have been elected as vice-president while Profe
Published 01 Feb, 2011 12:00am
Service structure issue: paramedics threaten countrywide strike

Service structure issue: paramedics threaten countrywide strike

The paramedics working in federal hospitals on Monday threatened to launch a countrywide strike if the government did not implement the decision with regard to their service structure in a month. The government had approved the service structure for over
Published 01 Feb, 2011 12:00am
Substandard products won't be tolerated: minister

Substandard products won't be tolerated: minister

The sub-standards preparation of goods would not be tolerated in any case. The Federal Minister for Science and Technology Syed Aftab Shah Jilani said this during his visit to Pakistan Standards and Quality Control Authority (PSQCA), Head Office, Karachi.
Published 01 Feb, 2011 12:00am
SBP's MPS: Misplaced optimism?

SBP's MPS: Misplaced optimism?

On balance, the State Bank's decision on 29th January, 2011 to keep the policy rate unchanged at 14 percent may not be very unjustified, but some of the reasons given for this decision are based on hopes that are not likely to materialise. Analysing the o
Published 01 Feb, 2011 12:00am
Let's change the game

Let's change the game

Traditionally, stabilising prices and striving for fuller employment were the accepted objectives of the monetary policy. It took economists a while to realize that unless fiscal policy objectives are aligned with monetary policy objectives, economic stab
Published 01 Feb, 2011 12:00am
Special Supreme Court bench to hear banks' plea

Special Supreme Court bench to hear banks' plea

This has reference to the news item wherein it says that a special bench of the Supreme Court will hear appeals by various financial institutions that banks should continue to enjoy powers to sell mortgaged property to recover bad loans without having to
Published 01 Feb, 2011 12:00am
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