News Archives for Print - 2011-02-03

Print - 2011-02-03

Partly Facetious: There's no such thing as a moral foreign policy

"Mubarak says he won't stand for re-election but would remain in power till elections scheduled for September."

Published 03 Feb, 2011 12:00am

Provinces develop consensus on penalty enhancement: failure to meet Nepra standards by Gencos, Discos

The provinces have developed consensus on enhancement of penalty limit to Rs 100 million against power generation and distribution companies which fail to meet performance standards set by National Electric Power Regulatory Authority (Nepra). The proposed

Published 03 Feb, 2011 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (February 02, 2011).

Published 03 Feb, 2011 12:00am

Provinces develop consensus on penalty enhancement: failure to meet Nepra standards by Gencos, Discos

Published 03 Feb, 2011 12:00am

Poultry Rates

Wholesale poultry rates on Wednesday (February 02, 2011) and for Thursday (February 03, 2011).

Published 03 Feb, 2011 12:00am

Provinces develop consensus on penalty enhancement: failure to meet Nepra standards by Gencos, Discos

Published 03 Feb, 2011 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (February 02, 2011).

Published 03 Feb, 2011 12:00am

OGDC amazes National Assembly body

The Oil and Gas Development Company Limited (OGDC) has astounded the National Assembly Standing Committee on Petroleum and Natural Resources by saying that LPG quota to privileged marketing companies, without bidding process, was granted in a transparent

Published 03 Feb, 2011 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (February 02, 2011).

Published 03 Feb, 2011 12:00am

OGDC amazes National Assembly body

Published 03 Feb, 2011 12:00am

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (February 02, 2011).

Published 03 Feb, 2011 12:00am

OGDC amazes National Assembly body

Published 03 Feb, 2011 12:00am

LME official prices

The following were Tuesday official prices.

Published 03 Feb, 2011 12:00am

'Pentagon paid billions to fraudsters'

The US military paid 285 billion dollars over three years to hundreds of military contractors that defrauded the Pentagon over the same stretch of time, a US senator charged Wednesday. Brandishing a 45-page January 2011 US Department of Defence report on

Published 03 Feb, 2011 12:00am

LME official prices

The following were Tuesday official prices.

Published 03 Feb, 2011 12:00am

'Pentagon paid billions to fraudsters'

Published 03 Feb, 2011 12:00am

LME official plastics prices

The following were Tuesday official prices.

Published 03 Feb, 2011 12:00am

Heavy rains brighten prospects for Fiscal year 2011 Rabi crops

Floods and extended heavy monsoon rains improving the underground water table, soil moisture level and increasing water availability in reservoirs have brightened the prospects for FY11 Rabi cropping season. The State Bank of Pakistan, in its first quarte

Published 03 Feb, 2011 12:00am

LME official plastics prices

The following were Tuesday official prices.

Published 03 Feb, 2011 12:00am

ANP's central leadership detaches from people's troubles: Hoti

The Pakistan's social order could take the trail of Tunisia and Egypt public uprising if the government failed to clamp down on rising corruption and underpin the falling economy, warns the ANP's federal legislator, Khawaja Muhammad Khan Hoti.

Published 03 Feb, 2011 12:00am

The Weather

The weather report on Wednesday (February 02, 2011) and the forecast for Thursday (February 03, 2011).

Published 03 Feb, 2011 12:00am

Symposium on 'Frontiers in Physics' begins

A three-day 12th Symposium on 'Frontiers in Physics' Wednesday kicked off at the Government College University Lahore Bokhari Auditorium with the joint collaboration of the GCU Physics Department and National Centre for Physics, Islamabad. The symposium f

Published 03 Feb, 2011 12:00am

Abdul Qadir Gilani resigns

The son of Prime Minister Yousuf Raza Gilani and Chairman, Public Accounts Committee of the Punjab Assembly, Abdul Qadir Gilani has decided to resign from his post. According to Aaj News, he took the decision after meeting with Pakistan People's Pa

Published 03 Feb, 2011 12:00am

LHC directs police to record statements of witnesses

Chief Justice Lahore High Court here Wednesday directed police to record the statements of witnesses immediately in Raymond Davis case who is facing charges of killing two Pakistanis on January 27. The court disposed of the writ petition accusing the poli

Published 03 Feb, 2011 12:00am

PTCL launches new rates for two Mbps Broadband Data

Pakistan Telecommunication Company Ltd (PTCL) has launched new rates for 2 Mbps Broadband Data for all its existing and new potential broadband customers throughout the country. Under the newly announced package, 2 Mbps data rate is offered to the our cus

Published 03 Feb, 2011 12:00am

Babar announces Rs 12 million for Lahore Bar

Federal Minister for Law, Justice and Parliamentary Affairs Dr Babar Awan on Wednesday announced a grant of Rs 12 million for District Bar Association Lahore and for lawyers victimised by police. Talking to a delegation of District Bar Association Lahore,

Published 03 Feb, 2011 12:00am

PML-N demands plugging of Rs 2,300 billion annual revenue leakage

Pakistan Muslim League-Nawaz (PML-N) has said instead of levying Reformed General Sales Tax (RGST) to get $1.5 billion tranche of IMF emergency loan and budgetary support, the government should plug huge annual revenue leakage of Rs 2300 billion in the co

Published 03 Feb, 2011 12:00am

'Survey for Poverty Score Card to be completed in June'

Farzana Raja Chairman of Benazir Income Support Programme (BISP) has said that survey for the Poverty Score Card would be completed in June 2011 and there is all set for its timely completion in the Punjab. Talking to newsmen here today she said that abou

Published 03 Feb, 2011 12:00am

Massive operation against criminals: 51 including 40 suspects arrested

Islamabad Police in a massive operation arrested over 51 persons including 40 suspects who were residing in capital without legal documents. Police impounded three vehicles and four motorcycles which were without documents, while 3.055 kilogram opium, 10

Published 03 Feb, 2011 12:00am

PTI information secretary criticises Danish school project

Chief Minister of Punjab, Shahbaz Sharif will inaugurate Danish School in Hasilpur (District Bahawlpur) on Thursday (today) being set up with a budget of millions of rupees, which could have been utilised for upgradation of thousands of existing governmen

Published 03 Feb, 2011 12:00am

Refund claims: blank certificates of NTN make room for misuse

The availability of blank certificates of National Tax Numbers (NTNs) in the Regional Tax Offices (RTOs) may provide a unique opportunity to the unscrupulous elements to submit fraudulent refund claims on fake documents. Tax experts told Business Recor

Published 03 Feb, 2011 12:00am

Gas pipeline blown up in Sohbatpur

Unidentified armed men blew up natural gas supply pipeline of Sui Southern Gas Company (SSGC) in Sohbatpur area between Tuesday and Wednesday night. According to police sources, unknown men attached an explosive material with the natural gas pipeline supp
Published 03 Feb, 2011 12:00am

Three killed in separate mishaps

At least three persons were killed in separate mishaps at different parts of metropolis on Wednesday. A father of three kids on Wednesday committed suicide in his house at North Karachi in the jurisdiction of Sir Syed police station. According to police,
Published 03 Feb, 2011 12:00am

'Illegal things happen when assemblies are non-functional'

The Supreme Court on Wednesday observed that all illegal things happen when assemblies did not have the power to avert any wrongdoing which causes loss of billions to the exchequer, marring the economic growth.
Published 03 Feb, 2011 12:00am

PML-Q dissidents seek separate identity in Punjab Assembly

The PML-Q dissidents in the Punjab Assembly has finally sought separate identity after proving its majority in the Punjab assembly against its parent party. Unification block, a group of 47 dissidents of the PML-Q, moved a requisition in the Punjab Assemb
Published 03 Feb, 2011 12:00am

Relatives seek terror charges for Davis

The families of three victims who died after a US government employee opened fire in broad daylight demanded on Wednesday that terror charges are brought against the American. Dozens of relatives and students gathered close to the site of the shooting in
Published 03 Feb, 2011 12:00am

Appointment of NAB chairman: government submits summary to Supreme Court

The government Wednesday submitted original record of prime minister's summary regarding appointment of Chairman National Accountability Bureau (NAB) Syed Deedar Hussain Shah, to the Supreme Court. A four-member bench headed by Justice Javed Iqbal with Ju
Published 03 Feb, 2011 12:00am

Ikhtiar Baig meets Dhiren Sheth

Dr Mirza Ikhtiar Baig, Advisor to Prime Minister on Textiles accompanied by Vice Chairman Aptma Yasin Siddiq, met President of Cotton Association of India, Dhiren Sheth in Karachi and discussed the issue of non delivery of the Indian cotton purchased by P
Published 03 Feb, 2011 12:00am

Government has no intention to amend blasphemy law: Gilani

Prime Minister Syed Yousuf Raza Gilani Wednesday categorically stated that the government has no intention to amend the blasphemy law and both the treasury and opposition are on the same page as far as the issue is concerned, however its misuse should be
Published 03 Feb, 2011 12:00am

Sugar crisis: ministry asked for fixation of support price

The Senate Standing Committee on Industries and Production has recommended that the Ministry should arrange the fixation of support price of sugarcane realistically and involve the provinces to monitor the difference in sugarcane price and retail price of
Published 03 Feb, 2011 12:00am

Construction of new Gwadar Airport: Centre releases Rs 90 million to CAA, Senate told

The federal government has released Rs 90 million to Civil Aviation Authority (CAA) for the construction of new Gwadar International Airport under public sector development programme (PSDP). In a written reply to the House on Wednesday, Defence Minister C
Published 03 Feb, 2011 12:00am

Railways works out emergency plan

Pakistan Railway has worked out an emergency plan whereby operation of 10 specified trains may be stopped in case of any emergency like floods, fuel problem, non-availability of locomotive or coaches. This plan has been chalked out to ensure that no expre
Published 03 Feb, 2011 12:00am

No cover for parental treatment: National Assembly criticises trimming of medical allowance

The National Assembly on Wednesday echoed with voices against trimming of parliamentarians' medical allowance with no cover for parental treatment, amid demands of ending the discrimination. Kashmala Tariq of PML-Q highlighted the issue, which was later o
Published 03 Feb, 2011 12:00am

Raymond Davis case: decision of court to be followed, Prime Minister tells National Assembly

Prime Minister Syed Yousuf Raza Gilani categorically informed the National Assembly on Wednesday that his government will follow the decision of the court in the matter of Raymond Davis, US national charged with killing two men in Lahore.
Published 03 Feb, 2011 12:00am

Davis put on ECL, Malik tells Senate

Interior Minister Rehman Malik on Wednesday said that the name of Raymond Davis, an American official accused of double murder, has been put on the Exit Control List (ECL) on the directives of the Lahore High Court (LHC). Malik also clarified that he (Dav
Published 03 Feb, 2011 12:00am

Exhibition

On the eve of Kashmir Day, a photographic exhibition on peace will start on Thursday (today) at Alhamra Art Gallery. The purpose of the exhibition is to highlight the voice of Kashmirs and to salute them. The exhibition organised by Unified Media Club of
Published 03 Feb, 2011 12:00am

Committee report recommends: PSM top management must be replaced

The Senate Standing Committee on Industries and Production has recommended that the entire top management of the Pakistan Steel Mills (PSM) must immediately be replaced by experienced professionals or be privatised in a transparent manner.
Published 03 Feb, 2011 12:00am

Revamping of Sales Tax Act 1990: policymakers took no action on proposals

A revised sales tax law was prepared in 2009 by the Federal Board of Revenue (FBR), but the policymakers have taken no action on proposals to revamp Sales Tax Act 1990 and introduced the concept of reformed general sales tax (RGST). Sources told Busine
Published 03 Feb, 2011 12:00am

Power shutdown notice

According to Iesco Spokesman, due to electricity maintenance/development work the Power supply of the areas fall under the following feeders would remain suspended, as under: On Thursday (February 3) morning 9 am to 1 pm, Karor Feeder, Pehont, Chirah, Gol
Published 03 Feb, 2011 12:00am

Legal fraternity capable to bring changes in society: CJ

Chief Justice Iftikhar Muhammad Chaudhry on Wednesday said that legal fraternity has the capability to bring changes in society as it proved itself during the lawyers' movement for restoration of judiciary. He stated this while addressing lawyers during a
Published 03 Feb, 2011 12:00am

Pakistan achieves sugarcane production target

Pakistan has successfully achieved sugarcane production target as 55 million tonnes of sugarcane production has been recorded across the country, officials at Ministry of Food and Agriculture (MinFA) told Business Recorder. Officials revealed that
Published 03 Feb, 2011 12:00am

President CAI invites Pakistani cotton importers

President, Cotton Association of India (CAI) Dherin Seth has suggested Pakistani cotton importers to visit India on urgent basis to meet Indian exporters for amicably settling the issue of cotton purchase. According to an announcement here on Wednesday, S
Published 03 Feb, 2011 12:00am

Trade Policy measures: MoC seeks changes in arms import permission

The Ministry of Commerce (MoC) has also recommended changes in permission for import of arms and ammunition. According to the ministry, presently import of arms and ammunition of non-prohibited bore is allowed on the basis of 'value', which makes room for
Published 03 Feb, 2011 12:00am

Step to reduce LPG price: 'Saudi Aramco Contract Price upper cap be removed'

Secretary, Petroleum Ministry, Imtiaz Qazi, said on Wednesday that price upper cap of Saudi Aramco Contract Price (CP) for LPG should be removed to encourage import, leading to availability of product that would result in reducing LPG prices in the countr
Published 03 Feb, 2011 12:00am

Illegal occupation of public parks: Supreme Court gives one-month to CDGK for recovering

The Supreme Court (SC) on Wednesday gave one-month time to Karachi city government for recovering public parks, illegally occupied by the land mafia while the petitioner was also asked to help the authority in this regard.
Published 03 Feb, 2011 12:00am

'Sarajevo Business Forum 2011': 'industrialists invited to attend International Investment Conference'

Pakistani industrialists and businessmen should attend the 2nd International Investment Conference 'Sarajevo Business Forum 2011' to be held from April 6 in Sarajevo to explore investment opportunities, said Arman Limo, Ambassador of Bosnia Herzegovina in
Published 03 Feb, 2011 12:00am

DGI&I busts cheaters' gang involved in issuance of fake/flying invoices

Directorate General Intelligence & Investigation of the Federal Board of Revenue (FBR) has busted a gang of cheaters involved in issuance of fake/flying invoices in the name of bogus companies.
Published 03 Feb, 2011 12:00am

'Computerisation of arms licences to help control its movement'

Federal Minister for Interior Rehman Malik has said that the computerisation of arms licences would not only help in keeping a check on arms movement, but will also help in eradicating terrorism. Government is taking serious measures to abolish the trend
Published 03 Feb, 2011 12:00am

'Strong sense of responsibility basic element of effective policing'

Islamabad Police would make every possible effort for strengthening its corps down to the level of constable, said Inspector General of Police (IGP) Islamabad Wajid Ali Durrani here on Wednesday. It is imperative to make them morally and financially stron
Published 03 Feb, 2011 12:00am

PPP core committee reposes confidence in its leadership

The meeting of the PPP core committee was held Wednesday at the Aiwan-e-sadr to discuss current political situation, economic challenges being faced by the country along with steps to overcome them as well as relation with the coalition partners.
Published 03 Feb, 2011 12:00am

Competition Act 2010: 'business firms not prevented from gaining a large market share'

Chairperson, Competition Commission of Pakistan (CCP), Rahat Kaunain Hassain has said that the Competition Act 2010 does not prevent business firms from having or gaining a large market share for their products or services.
Published 03 Feb, 2011 12:00am

Performance of USCP reviewed

A zonal manager conference and an executive board meeting was held here at USC Head Office presided over by Managing Director of USC Arif Khan. The meeting took an overview of six months performance of Utility Stores Corporation of Pakistan, says a press
Published 03 Feb, 2011 12:00am

Khawar appointed Member IR

The government has appointed Khawar Khurshid Butt, BS-21 officer of Inland Revenue Service, as Member Inland Revenue (IR), Federal Board of Revenue with immediate effect. In this connection, the Federal Board of Revenue (FBR) has issued a notification her
Published 03 Feb, 2011 12:00am

Mirza inaugurates complaint centre to deal with extortionists

Sindh Home Minister, Dr Zulfiqar Mirza has said the Sindh government has formed a special unit to take action against extortionists. He was speaking at inaugural ceremony of Witness Protection Programme about the Complaint Center established in home depar
Published 03 Feb, 2011 12:00am

Indian HC ensures swift issuance of business visas

Sharat Sabharwal, Indian High Commissioner in Pakistan has ensured swift issuance of business visas, in a meeting held with Chairman and Members of Pakistan Chemicals & Dyes Merchants Association (PCDMA). Sharat Sabharwal, Indian High Commissioner along w
Published 03 Feb, 2011 12:00am

NCEL growth further picks up momentum

NCEL's remarkable year on year growth in 2010 has further picked up speed in the new Year. After the previous monthly milestone, reached in November 2010, of more than 100,000 contracts traded at the exchange, NCEL has very rapidly achieved the next miles
Published 03 Feb, 2011 12:00am

200 cattle bound for Afghanistan seized

District Administration, Peshawar on Wednesday seized 200 illegally Afghanistan bound cattle in a raid in Hayatabad Principal Chowk. The raid was conducted on the complaints of general public and reports in print and electronic media regarding illegal tra
Published 03 Feb, 2011 12:00am

Contempt of court notices to PCO-judges: SCBA President expresses displeasure

President Supreme Court Bar Association Asma Jahangir said Supreme Court would itself weaken the judiciary by deciding to frame charges against PCO-judges. Addressing a press conference here on Wednesday, she was of the view that issuing contempt of court
Published 03 Feb, 2011 12:00am

Youth shot dead at Machhar Colony

A youth was shot dead on late Tuesday at Machhar Colony in the limits of Sohrab Goth police station. According to police, some two unidentified armed riders opened indiscriminate fire on the victim when he was standing outside his house located at Machhar
Published 03 Feb, 2011 12:00am

Gas, power supply to Punjab: FPCCI condemns 'discrimination'

The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Regional Chairman Mian Muhammad Tariq Shafi has condemned discrimination in gas and electricity supply to Punjab and said Punjab has never ever promoted the provincialism but this sort of
Published 03 Feb, 2011 12:00am

Police has earned high respect: LCCI

The police has gained high respect in the eyes of the public due to the great sacrifices they have made in tackling the acts of terrorism while presently the police is now acting as a dedicated force that would go a long way in reducing crimes.
Published 03 Feb, 2011 12:00am

Medicines worth Rs 360 million provided to patients free of cost

The administration of Mayo Hospital is providing medical facilities to the patients free of cost and during the year 2010, medicines worth Rs 360 million were provided to more than 1.436 million patients in line with the Chief Minister's pro-patients poli
Published 03 Feb, 2011 12:00am

World Cancer Day on February 4

In order to create awareness about cancer for its early detection World Cancer Day is being observed in Pakistan like many other parts of the world with a resolve to continue efforts for achieving the goal of healthy society. World Cancer Day is observed
Published 03 Feb, 2011 12:00am

Improvement in hydel generation

A considerable improvement in hydel generation with the end of canal desilting has reversed the gap between demand and supply of electricity back to 1500MW from 2000MW last week. The hydel generation improved to 3600MW against below 3000MW throughout the
Published 03 Feb, 2011 12:00am

Honour killing incident: HRCP for transparent investigation

The Human Rights Commission of Pakistan (HRCP) has called upon the Punjab government to ensure an early and transparent investigation of an alleged incident of honour killing of a young woman in a village of Bahawalpur district. The young woman, Saima, le
Published 03 Feb, 2011 12:00am

SCCI expresses gratitude to President

President Sialkot Chamber of Commerce and Industry (SCCI) Ghulam Mustafa Chaudhry in a press statement has expressed his gratitude to the President Asif Ali Zardari for issuing directive to the concerned authorities at Pepco, Wapda and Gepco that necessar
Published 03 Feb, 2011 12:00am

'UK working hard to promote investment climate in Pakistan'

The British Government is working hard to promote the investment climate of Pakistan, and the British High Commission in Pakistan may soon organise an investment conference in United Kingdom to highlight the economic potential of Pakistan. This was stated
Published 03 Feb, 2011 12:00am

'Wapda missed opportunity to fill Mangla Dam during flood season'

Azad Jammu and Kashmir (AJK) Minister for Information, Environment and Overseas Kashmiris, Mahmood Riaz said that Wapda missed an opportunity to fill the Mangla Dam during the last flood season and it also failed to settle even 10 percent people, which we
Published 03 Feb, 2011 12:00am

'Save a Life Every Month': SKMCH&RC launching nationwide campaign

Shaukat Khanum Memorial Cancer Hospital and Research Centre (SKMCH&RC) is launching a nationwide campaign "Save a Life Every Month" from the month of February. According to the hospital's spokesman, the idea is to encourage people to pledge for auto deduc
Published 03 Feb, 2011 12:00am

UVAS striving to achieve new heights in quality education: vice chancellor

University of Veterinary and Animal Sciences (UVAS) will continue striving hard to achieve new heights of quality education and working motto "sky is the limit, our best has yet come we work to achieve best".
Published 03 Feb, 2011 12:00am

The IMF comes to town

The International Monetary Fund (IMF) team is currently in Pakistan. In what is clearly not the norm the Fund staff has met with two members of the second largest party in parliament, the PML(N), namely Chief Minister Punjab Shahbaz Sharif as well as Isha
Published 03 Feb, 2011 12:00am

Mubarak's last hurrah

Egypt's President Hosni Mubarak has announced that he would step down later this year at the end of his fifth term. In a national broadcast late Tuesday night - having seen his fate being sealed by the million-man rally at the Tehrir Square in the heart o
Published 03 Feb, 2011 12:00am

VIEWPOINT: US' democracy charade

The uprising in Egypt has punctured a huge hole in America's pro-democracy pretence. In his famous speech to the Muslim world that he delivered in Cairo, President Barrack Obama had spent considerable time extolling the virtues of democracy and its releva
Published 03 Feb, 2011 12:00am

The art of leadership

From literary works, it has been learnt that the hardest test for leaders is to challenge their character as much as their skills. Leaders are tested, again and again, throughout their careers, and the self-knowledge gained from these tests of character i
Published 03 Feb, 2011 12:00am

Executive Summary: SBP's first quarterly report

The following is the full text of Executive Summary of State Bank of Pakistan's First Quarterly Report:
Published 03 Feb, 2011 12:00am

Crime and punishment

The Raymond Davis case continues to dominate headlines and news discussions. What began as a terrible tragedy has turned into a ball of confusion thanks to a media that values headlines more than justice. But media conspiracy theories aside, the greater q
Published 03 Feb, 2011 12:00am

Australia beat England again

Australia pulled off their biggest ever successful run chase to beat England by two wickets in a thrilling sixth one-day international at the Sydney Cricket Ground on Wednesday. After a Jonathan Trott century helped England to their highest ever ODI score
Published 03 Feb, 2011 12:00am

Euro hits 2-1/2 month high in New York

The euro hit a 2-1/2-month high on Tuesday, driven above $1.38 by solid global manufacturing data, though analysts said risk appetite could fade if worries resurface about Europe's ability to manage its debt crisis. Markets considered the crisis in Egypt
Published 03 Feb, 2011 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 71.14/71.15 (previous 71.15/71.15). Call Money Rates: 4.50-5.75 percent (previous 4.00-6.00 percent).
Published 03 Feb, 2011 12:00am

Indian rupee stays up

The Indian rupee extended gains on Wednesday supported by firm local shares and weak dollar, but eased from the day's high on dollar demand from oil importers. The partially convertible rupee closed at 45.62/63 per dollar, off the day's high of 45.54 but
Published 03 Feb, 2011 12:00am

Ringgit at record high

The Malaysian ringgit hit a record high against the US dollar, leading gains in other Asian currencies on Wednesday, after solid US economic data triggered an increase in demand for riskier assets. The Indonesian rupiah and the Thai baht also gained but c
Published 03 Feb, 2011 12:00am

Australian, New Zealand dollars up

The New Zealand and Australian dollars held hefty gains on Wednesday courtesy of surging commodities and robust global economic data, with the market paying little attention so far to a massive cyclone heading for Queensland. In late trade the Australian
Published 03 Feb, 2011 12:00am

Swiss franc rises

The Swiss franc hovered near one-month highs against the dollar on Wednesday as the greenback lost across the board after strong economic data and easing concerns about unrest in Egypt. The greenback is in striking distance of its record low against the f
Published 03 Feb, 2011 12:00am

Short-term sterling rates up

Short-term sterling-priced interest rates rose on Wednesday as the market bet the Bank of England could raise rates sooner than thought after surprisingly strong UK construction data. Firming expectations that the European Central Bank will raise rates du
Published 03 Feb, 2011 12:00am

Students' Week 2010-11: CIBES holds Sports Gala opening ceremony

Commecs Institute of Business and Emerging Sciences (CIBES) organised the opening ceremony of Sports Gala on January 27, 2011 during the Students' Week. The legendary Hockey Olympian, Iftikhar Syed, graced the occasion as the Chief Guest. Umer Iqbal, Memb
Published 03 Feb, 2011 12:00am

MTFA approves 28 players for U-13 Festival of Football

Model Town Football Academy (MTFA) President Mian Rizwan Ali has approved 28 players in the training camp for taking part in Academies Phase of 13th National U-13 Festival of Football. The Camp will be organised from 3rd February (today) under Camp Comman
Published 03 Feb, 2011 12:00am

Palestine football coach announces team for Pakistan tour

Palestine football team coach Moussa Bezaz announced 30-player squad for bilateral series between Pakistan and Palestine. Palestinian booters will arrive on 27th February and will be lined up for the first match at Lahore's Punjab Stadium on 1st March, fo
Published 03 Feb, 2011 12:00am

Life sentence upheld for would-be Bush assassin

A US appeals court upheld a life sentence Tuesday for an American citizen arrested in 2003 for joining an al Qaeda plot to assassinate then-president George W. Bush. The court in Virginia rejected Ahmed Omar Abu Ali's contention that his July 2009 sentenc
Published 03 Feb, 2011 12:00am

Fifth One-day starts in Hamilton: New Zealand batsmen told to follow Misbah

New Zealand cricket coach John Wright has made in-form Pakistan batsman Misbah-ul-Haq the focal point for his side on the eve of the crucial fifth one-day cricket international. New Zealand trail Pakistan 1-2 after four matches and need to win in Hamilton
Published 03 Feb, 2011 12:00am

US and Afghans hope to rout expected Taliban offensive

US and Afghan military officials hope that months of heavy fighting in southern Afghanistan have enabled them to head off a bloody offensive from the Taliban this spring as US forces prepare to begin their withdrawal. But serious doubts remain about wheth
Published 03 Feb, 2011 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / Jan 30

279.17

USD PKR Interbank Buying / Jan 30

278.97

USD to Japanese Yen / Jan 30

154.32

USD to Swiss Franc / Jan 30

0.91

Pound Sterling to USD / Jan 30

1.24

Euro to USD / Jan 30

1.04

Stock Volume

S&P 500 / Jan 30

6,071.17

India Sensex / Jan 30

76,759.81

Tokyo Nikkei / Jan 30

39,513.97

Nasdaq / Jan 30

19,681.75

Hang Seng / Jan 30

20,225.11

FTSE 100 / Jan 30

8,646.88

Dow Jones / Jan 30

44,882.13

Germany DAX 30 / Jan 30

21,727.20

Item Value

Crude Oil USD/Barrel / Jan 30

72.99

Karachi Cotton PKR/37.32 KG / Jan 30

18,285

Gold 10 Grams PKR / Jan 30

248,885

Gold Spot USD/Ounce / Jan 30

2,849.50

Cotton US¢/pound / Jan 30

66.27

Petrol/Litre / Jan 31

256.13

Gainers
Losers
Leaders

Stock Price

Chenab Ltd / Jan 30

Chenab Limited(CHBL)

9.08

▲ 1 (12.38%)

Kohinoor Ind. / Jan 30

Kohinoor Industries Limited(KOIL)

9.26

▲ 1 (12.11%)

PICIC Ins.Ltd. / Jan 30

PICIC Insurance Limited(PIL)

2.52

▲ 0.23 (10.04%)

Redco Textile / Jan 30

Redco Textiles Limited(REDCO)

21.97

▲ 2 (10.02%)

Sana Ind / Jan 30

Sana Industries Limited(SNAI)

28.77

▲ 2.62 (10.02%)

I.C.C. Ind. / Jan 30

ICC Industries Limited(ICCI)

14.29

▲ 1.3 (10.01%)

Ashfaq Textile / Jan 30

Ashfaq Textile Mills Limited(ASHT)

17.48

▲ 1.59 (10.01%)

Ahmad Hassan / Jan 30

Ahmad Hassan Textile Mills Limited(AHTM)

59.90

▲ 5.45 (10.01%)

Atlas Honda Ltd / Jan 30

Atlas Honda Limited(ATLH)

873.29

▲ 79.39 (10%)

Stock Price

Tariq Corp.Pref. / Jan 30

Tariq Corporation Limited-Preference Shares(TCORPCPS)

6.91

▼ -0.97 (-12.31%)

First Capital Equities / Jan 30

First Capital Equities Limited(FCEL)

5.21

▼ -0.68 (-11.54%)

National Silk / Jan 30

The National Silk & Rayon Mills Limited(NSRM)

45.35

▼ -5.04 (-10%)

Blue-Ex Ltd / Jan 30

Blue-Ex Limited (GEM)(GEMBLUEX)

55.40

▼ -6.15 (-9.99%)

Kohat Textile / Jan 30

Kohat Textile Mills Limited(KOHTM)

32

▼ -3.13 (-8.91%)

Hussain Industries / Jan 30

Husein Industries Limited(HUSI)

26.41

▼ -2.45 (-8.49%)

Trust Sec.& Brok. / Jan 30

Trust Securities & Brokerage Limited(TSBL)

13.60

▼ -1.14 (-7.73%)

JS Investments / Jan 30

JS Investments Limited(JSIL)

21.02

▼ -1.74 (-7.64%)

Universal Ins. / Jan 30

The Universal Insurance Company Limited(UVIC)

9.13

▼ -0.67 (-6.84%)

Stock Volume

Sui South Gas / Jan 30

Sui Southern Gas Company Limited(SSGC)

48,078,930

▲ 2.48

Waves Home Appliances / Jan 30

Waves Home Appliances Limited(WAVESAPP)

33,126,010

▲ 1.16

Bank Makramah / Jan 30

Bank Makramah Limited(BML)

31,438,642

▲ 0.23

Cnergyico PK / Jan 30

Cnergyico PK Limited(CNERGY)

31,197,761

▲ 0.13

K-Electric Ltd. / Jan 30

K-Electric Limited(KEL)

29,670,310

▲ 0.13

Citi Pharma Ltd / Jan 30

Citi Pharma Ltd.(CPHL)

25,413,292

▲ 2.73

Dewan Motors / Jan 30

Dewan Farooque Motors Limited(DFML)

24,726,221

▼ -1.63

WorldCall Telecom / Jan 30

Worldcall Telecom Limited(WTL)

20,794,723

▲ 0.02

Fauji Cement / Jan 30

Fauji Cement Company Limited(FCCL)

13,308,955

▲ 0.1

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Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1