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Print - 2011-03-11
US MIDDAY: coffee, cocoa and sugar down

US MIDDAY: coffee, cocoa and sugar down

Arabica coffee, cocoa and sugar futures slid more than the rest of commodity sector on Thursday on investment fund and stop-loss sales as the dollar strengthened, dealers said. Arabica coffee futures tumbled off Wednesday's 34-year peak, although tight su
Published 11 Mar, 2011 12:00am
US MIDDAY: corn and wheat fall

US MIDDAY: corn and wheat fall

Corn and wheat prices fell on Thursday, pressured by a strong dollar, plunging equities markets and fears that a setback in the global economy will lower demand for agricultural commodities. Soyabean prices rose for the first time after three sessions of
Published 11 Mar, 2011 12:00am
US MIDDAY: copper down

US MIDDAY: copper down

Copper ended down for a second straight session on Thursday after surprisingly soft Chinese trade data underscored global growth concerns, already stinging from rising oil prices and geopolitical tensions. COMEX May copper settled down 1.50 cent at $4.197
Published 11 Mar, 2011 12:00am
US MIDDAY: gold plunges

US MIDDAY: gold plunges

Gold lost more than 1 percent on Thursday, set to post its biggest one-day loss in about six weeks, as the dollar rallied and investors sold bullion to cover losses in equity and other commodity markets. Gold retreated from its record high of $1,444.40 an
Published 11 Mar, 2011 12:00am
Seminar on 'contributions and achievements of official statistics'

Seminar on 'contributions and achievements of official statistics'

The State Bank of Pakistan (SBP) is organising a one-day seminar on "Contribu-tions and Achievements of Official Statistics' on 12th March, 2011 in Karachi in order to raise awareness about the statistical system and significance of the official statistic
Published 11 Mar, 2011 12:00am
Capital market: foreign investors' participation increases

Capital market: foreign investors' participation increases

The foreign investors' participation has significantly increased as every third available share in Pakistan capital market is owned by the offshore funds, analysts said. With local stock market players facing severe liquidity crunch amid rising interest r
Published 11 Mar, 2011 12:00am
Capital market: foreign investors' participation increases

Capital market: foreign investors' participation increases

The foreign investors' participation has significantly increased as every third available share in Pakistan capital market is owned by the offshore funds, analysts said. With local stock market players facing severe liquidity crunch amid rising interest r
Published 11 Mar, 2011 12:00am
Gilgit-Baltistan government urged to save forests

Gilgit-Baltistan government urged to save forests

The provincial government of Gilgit-Baltistan (GB) should take steps to save forests of the district from illegal woodcutters. This was stated by GB National Alliance Chairman Inayatullah Shumali while talking to newsmen here on Thursday. He said the area
Published 11 Mar, 2011 12:00am
SIUT observes World Kidney Day

SIUT observes World Kidney Day

The World Kidney Day is a day for spreading awareness on kidney diseases. This year the slogan is ""Protect your kidneys, Save your heart". Sindh Institute of Urology and Transplantation (SIUT) organised this event as a part of world-wide celebration.
Published 11 Mar, 2011 12:00am
Extortionist beaten to death

Extortionist beaten to death

An extortionist was beaten to death while his accomplice was wounded in the remits of Kharadar police station. According to police, the Zahid had received an extortion slip of Rs 0.5 million from Lyari gangster Raja Pathan on his poultry shop located at G
Published 11 Mar, 2011 12:00am
NUST students win Pakistani Chapter of Global IRC

NUST students win Pakistani Chapter of Global IRC

The students of the Business School of the National University of Sciences and Technology (NUST) have excelled in the Asia-Pacific regional final of the 2011 Global Investment Research Challenge, (IRC) hosted by the CFA Institute. The challenge was held i
Published 11 Mar, 2011 12:00am
Turkey mulling 28 percent duty on fabric and garments

Turkey mulling 28 percent duty on fabric and garments

Turkish government is planning to slab duty 28 percent on fabric and 40 percent on garment to protect its local industry. However, Pakistani exporters have strongly opposed the duty on fabric and garments during public hearing held this week in Turkey.
Published 11 Mar, 2011 12:00am
Explore business opportunities: trade team to visit Switzerland

Explore business opportunities: trade team to visit Switzerland

A large trade delegation from Pakistan is scheduled to visit Switzerland in May to explore business opportunities and boost bilateral trade between the two countries; this was announced by the Consul General of Switzerland, Didier Boschung at a meeting wi
Published 11 Mar, 2011 12:00am
Karachi suffers Rs six billion losses

Karachi suffers Rs six billion losses

Last week in Karachi, there were two days of strike on Thursday Mar 4, 2011 by the transporters and on Friday Mar 5, 2011 by the Sunni Tehreek. The strike was to protest the raise in POL prices by 10% but later the government decided to withdraw 50 percen
Published 11 Mar, 2011 12:00am
Spanish banks accused of ruining masses of mortgage holders

Spanish banks accused of ruining masses of mortgage holders

When Spaniard Jose Antonio Langarita decided to buy his own home in 2006, he had no idea of the magnitude of the risks he was taking. Spain's property bubble had not yet burst, it looked like home prices would soar indefinitely, and that even low-income e
Published 11 Mar, 2011 12:00am
Income Tax Ordinance, 2001: Advance tax or extortionate money

Income Tax Ordinance, 2001: Advance tax or extortionate money

After the Second World War, the provision of advance tax [now encased in section 147 of the Income Tax Ordinance, 2001 [hereinafter "the Ordinance"] was introduced as a measure to combat inflation and to squeeze a large part of the unprecedented amount of
Published 11 Mar, 2011 12:00am
The food issue: The 10-point agenda - III

The food issue: The 10-point agenda - III

In case of Food prices, there is a strong case of targeted subsidies for the very poor. Tandoors of Punjab governments have not worked well, although it is politically very attractive to sell hot Roti at cheaper prices. Nor can the Utility Stores Corporat
Published 11 Mar, 2011 12:00am
Grossman's unachievable goal

Grossman's unachievable goal

As expected, Marc Grossman's maiden visit to Pakistan as United States special envoy to Afghanistan and Pakistan was monopolised by the saga swirling around the arrest and trial of CIA contractor Raymond Davis.
Published 11 Mar, 2011 12:00am
Impose tax on income of rich farmers

Impose tax on income of rich farmers

According to a survey carried out by Business Recorder, there is a growing clamour, both from inside the country as well as from external donor agencies and bilaterals, for the imposition of a tax on the income of farmers with the explicit objectiv
Published 11 Mar, 2011 12:00am
Poppy crops destroyed in Landi Kotal

Poppy crops destroyed in Landi Kotal

The political administration of Khyber Agency destroyed poppy crop on seven-kanal land in Lowey Shalman, tehsil Landi Kotal on Thursday. According to details, the political administration on information launched operation and destroyed poppy crop in the a
Published 11 Mar, 2011 12:00am
CDA asks encroachers to vacate its lands within seven days

CDA asks encroachers to vacate its lands within seven days

The Capital Development Authority (CDA) has asked the encroachers, particularly those of slum areas to vacate the land, otherwise operation would be launched against the encroachments. The CDA through a public notice has warned all unauthorized occupants
Published 11 Mar, 2011 12:00am
Textile industry may face shortage of yarn, cotton

Textile industry may face shortage of yarn, cotton

Textile industry of the country is likely to face shortage of yarn and cotton next month which will result in decline of value added textile exports, it is learnt. With expected shortage of these commodities, the prices will rise further making it difficu
Published 11 Mar, 2011 12:00am
Revenue boost: PAC panel asks FBR to come up with proposals

Revenue boost: PAC panel asks FBR to come up with proposals

Special Committee of the National Assembly's Public Accounts Committee (PAC) on Thursday sought proposals from the Federal Board of Revenue (FBR) to bring improvement in the efficiency of tax department and also help improve tax receipts.
Published 11 Mar, 2011 12:00am
FATA development budget increases to Rs 15 billion

FATA development budget increases to Rs 15 billion

FATA development outlay has been increased over the previous years as during current financial year Rs 15 billion is being incurred on development activities in FATA as compared to Rs 7.6 billion earmarked during 2006-07. This was revealed at 12th Nationa
Published 11 Mar, 2011 12:00am
LSM data collection centre upgraded

LSM data collection centre upgraded

The Ministry of Industries and Production on Thursday upgraded Management Information System (MIS) Center to improve efficiency in collection and compilation of the Large Scale Manufacturing (LSM) data. Federal Minister for Industries and Production, Mir
Published 11 Mar, 2011 12:00am
Another girls' school blown up

Another girls' school blown up

Unknown insurgents blew up Government Girls Primary school with an improvised explosive device (IDEs) in Malik Yaseen Killey at Landi Kotal on Thursday, Political Authority said. The political administration said some unknown insurgents blown up Governmen
Published 11 Mar, 2011 12:00am
Seven hurt in Sui town blast

Seven hurt in Sui town blast

At least seven security guards of a local tribal elder were injured in a bomb blast took place in Sui town of Dera Bugti district on Thursday. "Unknown men had planted explosive devise in a motorcycle and parked it on the way where a security convoy of a
Published 11 Mar, 2011 12:00am
Islamabad police arrest 18 accused

Islamabad police arrest 18 accused

Islamabad Police during its anti-criminals drive rounded up 18 accused and recovered arms and liquor from their possession, said a spokesman of Islamabad Police here on Thursday. Bhara Kahu Police has succeeded in arresting an accused Usman Munir son of M
Published 11 Mar, 2011 12:00am
Climate change posing a threat to Pakistan: NDMA chief

Climate change posing a threat to Pakistan: NDMA chief

Chairman National Disaster Management Authority (NDMA) Nadeem Ahmad Khan Thursday said that climate change is posing a serious threat to Pakistan. He said that there is a dire need to create awareness among the rural as well as urban masses about the deva
Published 11 Mar, 2011 12:00am
UN Chief slams Peshawar, Faisalabad blasts

UN Chief slams Peshawar, Faisalabad blasts

United Nation Secretary General Ban Ki-moon on Thursday condemned the "terrible" bombing incidents in Peshawar and Faisalabad that claimed dozens of lives and injured scores more. "The Secretary General expresses his solidarity with the government and peo
Published 11 Mar, 2011 12:00am
Rescue-15 receives 103,020 help calls during February

Rescue-15 receives 103,020 help calls during February

Rescue-15 received 103,020 help calls during the month of February from people who were extended timely help, said Naeem Iqbal, a spokesman of Islamabad Police here on Thursday. He said that most of the calls were related to dacoities, robberies, domestic
Published 11 Mar, 2011 12:00am
Commander Saudi Land Forces meets President

Commander Saudi Land Forces meets President

Lieutenant General Abdul Rahman Bin Abdullah Bin Hamad Al-Mershed, Commander Royal Saudi Land Forces called on President Asif Ali Zardari at Aiwan-e-Sadr on Thursday. He was accompanied by Abdul Aziz Bin Ibrahim Al-Ghadir, Saudi Ambassador, Major General
Published 11 Mar, 2011 12:00am
26 Indian fishermen held

26 Indian fishermen held

At least 26 Indian fishermen were arrested by the Maritime Security Agency (MSA) late on Wednesday night for violating Pakistani territorial waters. A spokesman of MSA told newsmen here on Thursday that fishermen were apprehended along with six fishing bo
Published 11 Mar, 2011 12:00am
CDGK to launch book on Traffic Rules

CDGK to launch book on Traffic Rules

The City District Government Karachi (CDGK) plans to launch a book 'Road Traffic Rules' for children, which would also be taught in schools as a subject, Business Recorder was told here on Thursday. According to officials of CDGK, DCO Karachi Muham
Published 11 Mar, 2011 12:00am
CPNE meeting held

CPNE meeting held

A meeting of the Standing Committee of the Council of Pakistan Newspapers Editors (CPNE) was held here on Thursday. It was presided over by President CPNE Jamil Athar Qazi. A number of decisions were taken at the meeting. It was decided that efforts would
Published 11 Mar, 2011 12:00am
Campaign to detect infrastructure faults launched

Campaign to detect infrastructure faults launched

City District Government Karachi has initiated a city-wide inspection of technical faults in the infrastructure of the metropolis, Business Recorder learnt, here on Thursday. Official sources told BR that under the directives of District Co-ordinat
Published 11 Mar, 2011 12:00am
FC College hosts Alumni Association Reunion 2011

FC College hosts Alumni Association Reunion 2011

The FC college organised a seminar on 'Financial Collapse and Strength of economy of Pakistan' in which the speakers enlightened the audience about the dynamics of business in Pakistan, enabling them to get a deeper insight into the intricacies and inner
Published 11 Mar, 2011 12:00am
High cost of manufacturing: small industries reach point of collapse

High cost of manufacturing: small industries reach point of collapse

Small industries Sector in Pakistan has reached a point of collapse due to high cost of manufacturing and sky rocketing prices of electricity and gas tariffs whereas no practical efforts were made to overcome power crises. Pakistan is facing serious econo
Published 11 Mar, 2011 12:00am
Intercity Bus Terminal project faces uncertainty

Intercity Bus Terminal project faces uncertainty

The construction of the Intercity Bus Terminal faces uncertainty as the City District Government Karachi (CDGK) is still awaiting the transfer of the allotted land by the higher authorities, official sources told Business Recorder on Thursday. Acco
Published 11 Mar, 2011 12:00am
IEEEP to hold international symposium

IEEEP to hold international symposium

Institution of Electrical & Electronics Engineers Pakistan (IEEEP) is organising a two-day international symposium on March 16 and 17 at a local hotel here. This was stated by Chairman IEEEP Engr Tahir Saleem, along with other office bearers including Eng
Published 11 Mar, 2011 12:00am
KCC&I, Commecs organising conference on 'Mera Pakistan'

KCC&I, Commecs organising conference on 'Mera Pakistan'

The Karachi Chamber of Commerce & Industry (KCC&I) is organising a Conference on "Mera Pakistan," in collaboration with COMMECS on Friday Dr Ishrat-ul-Ibad Khan, Governor of Sindh has consented to be the chief guest and Siraj Kassam Teli, Chairman, Busine
Published 11 Mar, 2011 12:00am
Three persons including a minor die in separate incidents

Three persons including a minor die in separate incidents

At least three persons including a minor boy were killed and another minor was injured in separate incidents at various parts of the metropolis here on Thursday. According to police, a man was shot dead while his minor son was injured at Ali Akbar Shah Go
Published 11 Mar, 2011 12:00am
'Notorious' criminal held

'Notorious' criminal held

Crime Investigation Department (CID) on Thursday claimed to have arrested a notorious criminal involved in several serious offences at Yousuf Goth in the limits of Surjani Town police station.
Published 11 Mar, 2011 12:00am
Abdullah Yousuf elected PICG chief

Abdullah Yousuf elected PICG chief

Mohammad Abdullah Yusuf has been elected as the chairman of the board of Pakistan Institute of Corporate Governance (PICG). Abdullah Yusuf has had a notable and extensive career in the government and has served as Secretary General (Revenue Division) and
Published 11 Mar, 2011 12:00am
Prime Minister to visit Kyrgyzstan on March 15

Prime Minister to visit Kyrgyzstan on March 15

Prime Minister Syed Yousuf Raza Gilani will pay a three-day official visit to Kyrgyzstan from 15th of this month. Foreign Office spokesperson Tehmina Janjua on Thursday said the Prime Minister in his visit will have talks with his Kyrgyz counterpart.
Published 11 Mar, 2011 12:00am
Government advised to avoid tussle with Supreme Court

Government advised to avoid tussle with Supreme Court

The Additional Secretary General of Pakistan Tehreek-e-Insaf (PTI) Saifullah Khan Niazi has advised the government to avoid collision course with the Supreme Court, as it is neither in the interest of the people, nor any service to democracy.
Published 11 Mar, 2011 12:00am
AVCC releases Interpol wanted industrialist

AVCC releases Interpol wanted industrialist

Following the strong resentment shown by the industrialists, the Anti-Violent Crime Cell (AVCC) on Thursday released an Interpol wanted industrialist Afroz Alam Lari within just 12 hours.
Published 11 Mar, 2011 12:00am
Society's development: SU faculty members urged to play role

Society's development: SU faculty members urged to play role

The Vice Chancellor, University of Sindh, Professor Dr Nazir A. Mughal has urged upon the faculty members to play their role in the society's development and said that the role of the varsity in the modern world is inter-linked with the community. He was
Published 11 Mar, 2011 12:00am
Film director Masood Parvez's anniversary observed

Film director Masood Parvez's anniversary observed

Renowned film director Masood Parvez is being remembered on Thursday on his 11th death anniversary. He was one of the most successful directors that Pakistan's film industry possessed. He was born in 1918 in Amritsar and had acted in a few films before pa
Published 11 Mar, 2011 12:00am
PPSC new member takes oath

PPSC new member takes oath

Punjab Public Service Commission (PPSC) Member Tariq Saleem Dogar took oath of his office here on Thursday. PPSC Chairman Lieutenant General Syed Sabahat Hussain (Retd) administered oath to the new member at a ceremony here, stated a hand out issued on Th
Published 11 Mar, 2011 12:00am
'Serving people is the essence of PML-N politics'

'Serving people is the essence of PML-N politics'

Punjab Chief Minister Muhammad Shahbaz Sharif has said that service to the people is the essence of the politics of Pakistan Muslim League-Nawaz and the public service programmes are being implemented expeditiously for the benefit of the masses.
Published 11 Mar, 2011 12:00am
Seminar held to observe women's day

Seminar held to observe women's day

South Asia Partnership-Pakistan (SAP-PK) organised a seminar in commemoration of 100th international women day tilted "Farmer Women in the Post-Flood Situation" at Punjabi Complex Qaddafi Stadium, here Thursday.
Published 11 Mar, 2011 12:00am
Role of army, judiciary: PML-N leadership flayed for its statement

Role of army, judiciary: PML-N leadership flayed for its statement

President Pakistan Peoples Party (PPP) Punjab, Imtiaz Safdar Warraich has demanded Pakistan Muslim League-Nawaz to withdraw immediately its proposal on the army and judiciary's role to tackle the challenges faced by the country. He was addressing a press
Published 11 Mar, 2011 12:00am
JI assures help to aggrieved families

JI assures help to aggrieved families

Brothers of Fahim and Ibad-Ur-Rahman, killed by Raymond Davis called on Chief, Jamaat-e-Islami, Syed Munawar Hasan at Mansoora, here on Thursday. Addressing a joint press conference after the meeting, Hasan said the Punjab government's failure in tracing
Published 11 Mar, 2011 12:00am
Raymond Davis immunity case: LHC dismisses plea of Faizan's brother

Raymond Davis immunity case: LHC dismisses plea of Faizan's brother

Lahore High here Thursday dismissed as withdrawn an application seeking permission to become a party in Raymond Davis immunity case. The application was moved by Imran Haider, brother of Faizan Haider who was killed by Raymond. Chief Justice Ijaz Ahmad Ch
Published 11 Mar, 2011 12:00am
Transporters keen on mass transit system

Transporters keen on mass transit system

For the first time, public transport owners have shown their interest in the Karachi Transportation Improvement Project (KTIP) study, which is being prepared with the financial assistance of Japan International Co-operation Agency (JICA).
Published 11 Mar, 2011 12:00am
CNG buses purchase: SBP urged to ensure loans advancing

CNG buses purchase: SBP urged to ensure loans advancing

State Bank of Pakistan should direct commercial banks for advancing loans for the purchase of CNG Buses. This was stated by the participants attending "appraisal of traffic problems in Karachi" arranged by Pakistan Civic Society in a local hotel, here on
Published 11 Mar, 2011 12:00am
Smeda holds seminar on BoK microfinance scheme

Smeda holds seminar on BoK microfinance scheme

Small and Medium Enterprises Development Authority (Smeda) in collaboration with Bank of Khyber (BoK) and All Pakistan Honey Bee Keepers, Traders and Exporters Association conducted a one day awareness seminar on Bank of Khyber microfinance facility title
Published 11 Mar, 2011 12:00am
Mourning Shahbaz Bhatti: Pakistan and US urge tolerance

Mourning Shahbaz Bhatti: Pakistan and US urge tolerance

Pakistani and US leaders pleaded Wednesday for religious tolerance at a memorial service in Washington for Pakistan's sole Christian government minister Shahbaz Bhatti who was killed in broad daylight. Husain Haqqani, Pakistan's ambassador to Washington,
Published 11 Mar, 2011 12:00am
Currency swap: Zardari for early finalisation of pact with China

Currency swap: Zardari for early finalisation of pact with China

President Zardari on Thursday emphasised early finalisation of currency swap agreement between Pakistan and China, saying that such arrangements should be concluded with Turkey and Sri Lanka also to promote and facilitate bilateral trade with the countrie
Published 11 Mar, 2011 12:00am
Condolence

Condolence

Prime Minister, Syed Yousuf Raza Gilani on Thursday expressed his profound grief and sorrow over the demise of the father of Begum Nuzhat Sadiq, Member National Assembly of Pakistan Muslim League-Nawaz. Commiserating with the bereaved family, the Prime Mi
Published 11 Mar, 2011 12:00am
Make A Wish children spend evening with Dr Qadeer

Make A Wish children spend evening with Dr Qadeer

Make A Wish Children spent a memorable evening with Dr Abdul Qadeer Khan in Karachi. Renowned Pakistani Nuclear Scientist Dr Abdul Qadeer Khan spent an evening with some of the terminally ill children of Make a Wish Foundation Pakistan on his recent visit
Published 11 Mar, 2011 12:00am
The Weather

The Weather

The weather report on Thursday (March 10, 2011) and the forecast for Friday (March 11, 2011).

Published 11 Mar, 2011 12:00am
Moonis granted interim pre-arrest bail

Moonis granted interim pre-arrest bail

A division bench of the Lahore High Court (LHC) here on Thursday granted interim pre-arrest bail to PML-Q leader Moonis Elahi till March 17 in National Insurance scam case. The bench headed by Chief Justice Ijaz Ahmed Chaudhry directed investigation offic
Published 11 Mar, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (March 10, 2011).

Published 11 Mar, 2011 12:00am
Couple detained for three years recovered from landlord

Couple detained for three years recovered from landlord

The Lahore High Court here Thursday set at liberty a couple along-with two minors after getting them recovered from the three-year long illegal detention of a local landlord in Depalpur. A court-deputed bailiff had raided the Dera of landlord Haji Shaukat
Published 11 Mar, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (March 10, 2011).

Published 11 Mar, 2011 12:00am
FAULTY SCHEMES: 'Punjab government faces gross financial indiscipline'

FAULTY SCHEMES: 'Punjab government faces gross financial indiscipline'

Former Finance Minister Punjab, Tanvir Ashraf Kaira has said the Punjab government is facing gross financial indiscipline due to faulty schemes. He was addressing a press conference at Lahore Press Club, here on Thursday. Former Labour Minister Punjab, As
Published 11 Mar, 2011 12:00am
Davis' victims: PBC offers free legal assistance to heirs

Davis' victims: PBC offers free legal assistance to heirs

The Pakistan Bar Council (PBC) on Thursday said that it would provide free legal assistance to heirs of Faizan Haidar, Faheem and Ibad-ur-Rehman, who were killed by Remand Davis, an alleged CIA operative, in Lahore.
Published 11 Mar, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 11 Mar, 2011 12:00am
FBR sets Rs 160 billion revenue target for March

FBR sets Rs 160 billion revenue target for March

The Federal Board of Revenue has fixed Rs 160 billion target for March 2011 as it continues to strive for the downward revised revenue collection target of Rs 1604 billion for 2010-11. Sources told Business Recorder here on Thursday that the break-
Published 11 Mar, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 11 Mar, 2011 12:00am
CDGL launches operation against encroachments today

CDGL launches operation against encroachments today

The City District Government of Lahore (CDGL) will launch an operation against encroachments in the Punjab capital from March 11 (today) to reclaim state land and clear encroachments in the commercial areas. While talking to newsmen here on Thursday, Dist
Published 11 Mar, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (March 10, 2011).

Published 11 Mar, 2011 12:00am
President's dual office: LHC reserves verdict

President's dual office: LHC reserves verdict

A full bench of the Lahore High Court here Thursday reserved its verdict in several identical petitions challenging holding of political office of PPP co-chairperson by President Asif Ali Zardari. Earlier counsel for petitioners in the case concluded thei
Published 11 Mar, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (March 10, 2011) and for Friday (March 11, 2011).
Published 11 Mar, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (March 10, 2011).

Published 11 Mar, 2011 12:00am
Banks to open 570 new branches

Banks to open 570 new branches

In order to further expand the banking services across the country, banks have planned to open 570 new branches under the expansion plan. Sources in the banking sector told Business Recorder on Thursday that the State Bank of Pakistan (SBP) under i
Published 11 Mar, 2011 12:00am
President Zardari signs ERRA bill

President Zardari signs ERRA bill

President Asif Ali Zardari has signed the Earthquake Rehabilitation and Reconstruction Authority (ERRA) bill giving it the status of a permanent body. Speaking at the farewell ceremony held in his honour here Thursday Deputy Chairman ERRA Lieutenant Gener
Published 11 Mar, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 10, 2011).

Published 11 Mar, 2011 12:00am
Three killed, 18 injured in Dera Murad Jamali blast

Three killed, 18 injured in Dera Murad Jamali blast

At least three persons were killed and 18 others injured in a bomb blast here on National Highway on Thursday. "Unknown men had planted an explosive device in a motorcycle and parked on the National Highway passing through the town," police sources said a
Published 11 Mar, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 10, 2011).

Published 11 Mar, 2011 12:00am
JUP-N to support Mujahideen in Afghanistan

JUP-N to support Mujahideen in Afghanistan

Jamiat-e-Ulema Pakistan Noorani (JUP-N) has announced to continue its moral and financial support for Mujahideen fighting against the US in Afghanistan. Addressing a press conference here on Thursday, Secretary General, Qari Zawwar Bahadur said his party
Published 11 Mar, 2011 12:00am
Immediate audit of withholding tax agents stressed

Immediate audit of withholding tax agents stressed

The Federal Board of Revenue (FBR) has considered withholding tax collection as one of the weakest areas which needs to be focused upon, pointing toward immediate audit of the withholding agents for generating additional revenue in the remaining period of
Published 11 Mar, 2011 12:00am
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