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Print - 2011-03-19
Policy of reconciliation, consultation to continue: Prime Minister

Policy of reconciliation, consultation to continue: Prime Minister

Prime Minister Syed Yousuf Raza Gilani said on Friday that despite financial constraints, the government was making concerted efforts to provide relief to the people through effective economic measures. He stressed upon the need of better co-ordination am
Published 19 Mar, 2011 12:00am
Promotions in army

Promotions in army

As many as 110 Lieutenant Colonels and Colonels have been promoted to the ranks of Colonel and Brigadier, respectively, a private TV channel reported. According to the channel, Pakistan Army Promotion Board meeting held under the chair of Chief of Army St
Published 19 Mar, 2011 12:00am
Promotions in army

Promotions in army

As many as 110 Lieutenant Colonels and Colonels have been promoted to the ranks of Colonel and Brigadier, respectively, a private TV channel reported. According to the channel, Pakistan Army Promotion Board meeting held under the chair of Chief of Army St
Published 19 Mar, 2011 12:00am
WHT raised to 2.75 percent on import of pulses

WHT raised to 2.75 percent on import of pulses

Pakistan Customs has increased withholding tax upto 2.75 percent on import of pulses after the promulgation of the new ordinances. Importers told Business Recorder on Friday that with the announcement of the new presidential ordinances, customs hav
Published 19 Mar, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (March 18, 2011).

Published 19 Mar, 2011 12:00am
WHT raised to 2.75 percent on import of pulses

WHT raised to 2.75 percent on import of pulses

Pakistan Customs has increased withholding tax upto 2.75 percent on import of pulses after the promulgation of the new ordinances. Importers told Business Recorder on Friday that with the announcement of the new presidential ordinances, customs hav
Published 19 Mar, 2011 12:00am
The Weather

The Weather

The weather report on Friday (March 18, 2011) and the forecast for Saturday (March 19, 2011).

Published 19 Mar, 2011 12:00am
WHT raised to 2.75 percent on import of pulses

WHT raised to 2.75 percent on import of pulses

Pakistan Customs has increased withholding tax upto 2.75 percent on import of pulses after the promulgation of the new ordinances. Importers told Business Recorder on Friday that with the announcement of the new presidential ordinances, customs hav
Published 19 Mar, 2011 12:00am
22 Indian fishermen arrested

22 Indian fishermen arrested

At least 22 Indian fishermen were taken into custody for violation of Pakistan's territorial waters on Friday. The authorities have also confiscated six fishing boats of Indian fishermen. According to the Maritime Security Agency (MSA), these Indian fishe
Published 19 Mar, 2011 12:00am
Plan to expedite cornea donation campaign

Plan to expedite cornea donation campaign

Pakistan Eye Bank Society plans to expedite its Eye Donation Campaign in the country so as to reduce its dependence on foreign donors. Sources associated with the organisation told newsmen on Friday that the eye donation movement was progressing in the co
Published 19 Mar, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 19 Mar, 2011 12:00am
Two persons arrested for Rs 29 million tax evasion

Two persons arrested for Rs 29 million tax evasion

The Directorate General Intelligence & Investigation (I&I)-FBR arrested two persons for evasion of duty/taxes worth millions of rupees, says a press release issued here on Friday.
Published 19 Mar, 2011 12:00am
CNICs' issuance in NA-52: notices to EC, interior secretary issued

CNICs' issuance in NA-52: notices to EC, interior secretary issued

Islamabad High Court on Friday issued notices to the secretaries of interior and Election Commission, Chairman National Database and Registration Authority (Nadra), owner of Bahria Town Malik Riaz and sought their response by March 28.
Published 19 Mar, 2011 12:00am
Bhutanese Prime Minister arrives on three-day visit

Bhutanese Prime Minister arrives on three-day visit

Prime Minister of the Kingdom of Bhutan Lyonchhen Jigmi Y. Thinley arrived here on Friday night on a three-day visit to hold talks with Pakistani leaders to further bolster bilateral ties between the two countries. The Bhutanese Prime Minister was warmly
Published 19 Mar, 2011 12:00am
'Pakistan doesn't want Afghanistan to become a theatre of proxy wars'

'Pakistan doesn't want Afghanistan to become a theatre of proxy wars'

Pakistan has called for complete Afghan ownership in security, governance and development, including the disbursal of international aid, in an effort to facilitate long-term peace, stability and progress in the troubled country. "We do not want Afghanista
Published 19 Mar, 2011 12:00am
123,997 cusecs of water released from reservoirs

123,997 cusecs of water released from reservoirs

The Indus River System Authority (Irsa) on Friday released 123,997 cusecs water from various rim stations with inflow of 90,236 cusecs. According to the data released by Irsa here, the maximum water level in River Indus at Tarbela was 1405.1 feet, which w
Published 19 Mar, 2011 12:00am
Four killed in road accident

Four killed in road accident

Four persons including two women died and several were injured in a collision between a carry van and a truck on Thatta to Sujawal road on Thursday night about 11pm. The deceased included Munir Mohammad, Husna and Mst Baghi. The dead and injured were shif
Published 19 Mar, 2011 12:00am
Digital mapping of all districts in Punjab on the cards

Digital mapping of all districts in Punjab on the cards

Secretary Local Government and Community Development Punjab, Khizar Hayat Gondal has said digital mapping of all districts of Punjab would be carried out to strengthen the infrastructure of urban and rural areas, besides identifying the residential and co
Published 19 Mar, 2011 12:00am
Shifting Omer Sheikh: to Sukkur: SHC issues show-cause notice to DAG

Shifting Omer Sheikh: to Sukkur: SHC issues show-cause notice to DAG

Sindh High Court Friday issued a show cause notice to Deputy Attorney General, as under what authority lifer Ahmed Omer Sheikh, convicted in US journalist Daniel Pearl's murder case, was shifted from Karachi to Sukkur prison without seeking court's permis
Published 19 Mar, 2011 12:00am
SU Mirpurkhas Campus: philanthropists urged to extend help

SU Mirpurkhas Campus: philanthropists urged to extend help

The Vice Chancellor University of Sindh, Professor Dr Nazir A. Mughal has urged upon the philanthropists of Mirpurkhas Region to come forward for helping in the development of the varsity's campus and donate scholarships for poor and needy students of the
Published 19 Mar, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (March 18, 2011) and for Saturday (March 19, 2011).
Published 19 Mar, 2011 12:00am
US SEC sued over Galleon case

US SEC sued over Galleon case

A former Goldman Sachs Group Inc director accused of leaking confidential boardroom information has sued US regulators, saying they are trying to unfairly deprive him of a jury trial. Rajat Gupta is fighting civil charges that he tipped one-time hedge fun
Published 19 Mar, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 18, 2011).

Published 19 Mar, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 18, 2011).

Published 19 Mar, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (March 18, 2011).

Published 19 Mar, 2011 12:00am
Ogra notifies wellhead gas prices

Ogra notifies wellhead gas prices

Oil and Gas Regulatory Authority (Ogra) has notified wellhead gas prices for Oil and Gas Development Authority Ltd (OGDCL) operated fields for a period from January to July 2011. According to an information, price for Loti gas field is Rs 118.66 per MMBTU
Published 19 Mar, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (March 18, 2011).

Published 19 Mar, 2011 12:00am
Ogra notifies wellhead gas prices

Ogra notifies wellhead gas prices

Oil and Gas Regulatory Authority (Ogra) has notified wellhead gas prices for Oil and Gas Development Authority Ltd (OGDCL) operated fields for a period from January to July 2011. According to an information, price for Loti gas field is Rs 118.66 per MMBTU
Published 19 Mar, 2011 12:00am
US SEC sued over Galleon case

US SEC sued over Galleon case

A former Goldman Sachs Group Inc director accused of leaking confidential boardroom information has sued US regulators, saying they are trying to unfairly deprive him of a jury trial. Rajat Gupta is fighting civil charges that he tipped one-time hedge fun
Published 19 Mar, 2011 12:00am
Ogra notifies wellhead gas prices

Ogra notifies wellhead gas prices

Oil and Gas Regulatory Authority (Ogra) has notified wellhead gas prices for Oil and Gas Development Authority Ltd (OGDCL) operated fields for a period from January to July 2011. According to an information, price for Loti gas field is Rs 118.66 per MMBTU
Published 19 Mar, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (March 18, 2011).

Published 19 Mar, 2011 12:00am
Shortfall in direct taxes: four factors identified

Shortfall in direct taxes: four factors identified

The Federal Board of Revenue has identified four major reasons of revenue shortfall in direct taxes during FY11 - unsatisfactory creation of current demand, low performance of withholding tax regime, slow progress in arrears recovery and stuck up amount i
Published 19 Mar, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on March 15, 2011.

Published 19 Mar, 2011 12:00am
Shortfall in direct taxes: four factors identified

Shortfall in direct taxes: four factors identified

The Federal Board of Revenue has identified four major reasons of revenue shortfall in direct taxes during FY11 - unsatisfactory creation of current demand, low performance of withholding tax regime, slow progress in arrears recovery and stuck up amount i
Published 19 Mar, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on March 15, 2011.

Published 19 Mar, 2011 12:00am
Shortfall in direct taxes: four factors identified

Shortfall in direct taxes: four factors identified

The Federal Board of Revenue has identified four major reasons of revenue shortfall in direct taxes during FY11 - unsatisfactory creation of current demand, low performance of withholding tax regime, slow progress in arrears recovery and stuck up amount i
Published 19 Mar, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on March 15, 2011.

Published 19 Mar, 2011 12:00am
PAF, Chinese Air Force undertake joint air exercise

PAF, Chinese Air Force undertake joint air exercise

Pakistan Air Force and Chinese Air Force (PLAAF) are undertaking a joint Air Exercise these days in Pakistan codenamed "Shaheen-1". For this purpose, a contingent of Chinese PLA Air Force comprising combat aircraft, pilots and technicians arrived at an op
Published 19 Mar, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 19 Mar, 2011 12:00am
PAF, Chinese Air Force undertake joint air exercise

PAF, Chinese Air Force undertake joint air exercise

Pakistan Air Force and Chinese Air Force (PLAAF) are undertaking a joint Air Exercise these days in Pakistan codenamed "Shaheen-1". For this purpose, a contingent of Chinese PLA Air Force comprising combat aircraft, pilots and technicians arrived at an op
Published 19 Mar, 2011 12:00am
G7 closes ranks to shore up quake-hit markets

G7 closes ranks to shore up quake-hit markets

Japan and its economic allies on Friday intervened jointly in world currency markets for the first time in a decade to calm turmoil sparked by a huge earthquake and a deepening nuclear crisis. The announcement that the Japanese, US, eurozone, Canadian and
Published 19 Mar, 2011 12:00am
Treasuries ease

Treasuries ease

US government debt prices gave up some of their recent gains on Thursday as some investors saw recent price jumps as overdone and after stronger-than-expected economic data painted a more bearish picture for rates. US Treasuries may find new buyers on Fri
Published 19 Mar, 2011 12:00am
Obama warns of military action: Qadhafi declares ceasefire

Obama warns of military action: Qadhafi declares ceasefire

Libya declared a cease-fire Friday in its battle to crush an armed revolt but rebels said they were still under fire and Washington warned of military action if Moamer Qadhafi refused to honour a UN demand to end the fighting. Speaking nearly five hours a
Published 19 Mar, 2011 12:00am
Taiwan stocks in best gain in two weeks

Taiwan stocks in best gain in two weeks

Taiwan stocks ended up 1.35 percent in their best percentage gain in two weeks on Friday, with Wintek and other Apple Inc suppliers in the lead in a rebound from worries over the earthquake and nuclear crisis in Japan. Touch panel maker Wintek surged near
Published 19 Mar, 2011 12:00am
Obama warns of military action: Qadhafi declares ceasefire

Obama warns of military action: Qadhafi declares ceasefire

Libya declared a cease-fire Friday in its battle to crush an armed revolt but rebels said they were still under fire and Washington warned of military action if Moamer Qadhafi refused to honour a UN demand to end the fighting. Speaking nearly five hours a
Published 19 Mar, 2011 12:00am
Wall Street rebounds

Wall Street rebounds

Wall Street rebounded after three days of declines on Thursday, but the advance could be temporary as concerns about Japan's nuclear crisis persisted. The S&P 500 recovered after giving up the year's gains on Wednesday, but options activity showed traders
Published 19 Mar, 2011 12:00am
Saudi King announces unprecedented benefits

Saudi King announces unprecedented benefits

Saudi King Abdullah on Friday announced unprecedented economic benefits worth tens of billions of dollars and warned against any attempt to undermine the kingdom, as upheaval swept the Arab world. The monarch appeared to be responding to the whirlwind of
Published 19 Mar, 2011 12:00am
Friday's afternoon trade: stocks advance on bank shares

Friday's afternoon trade: stocks advance on bank shares

US stocks advanced on Friday after the Group of Seven intervened to support the Japanese yen and major banks were cleared to pay dividends again, but investors are unlikely to make big bets heading into the weekend. Wells Fargo and Co and J.P. Morgan Chas
Published 19 Mar, 2011 12:00am
Saudi King announces unprecedented benefits

Saudi King announces unprecedented benefits

Saudi King Abdullah on Friday announced unprecedented economic benefits worth tens of billions of dollars and warned against any attempt to undermine the kingdom, as upheaval swept the Arab world. The monarch appeared to be responding to the whirlwind of
Published 19 Mar, 2011 12:00am
Tokyo shares jump

Tokyo shares jump

Japanese shares jumped nearly 3 percent and the yen tumbled on Friday after the Group of Seven agreed on rare joint intervention to curb the soaring currency and calm markets jittery over Japan's nuclear power plant crisis. The move by the G7 to support t
Published 19 Mar, 2011 12:00am
Over 400 Pakistanis return from Libya

Over 400 Pakistanis return from Libya

More than 400 Pakistanis returned to the homeland from Libya on Friday. The process of bringing back Pakistanis from Libya is underway and the national airline by its seventh special flight brought another 400 Pakistanis to Islamabad from Tripoli, a priva
Published 19 Mar, 2011 12:00am
Indian shares stay down

Indian shares stay down

Indian shares declined for a second week in a row, shedding 1.5 percent on Friday, dragged by index heavyweight Reliance Industries as a source said gas output next year at key fields in its main producing block may drop 12 percent from current levels. De
Published 19 Mar, 2011 12:00am
Over 400 Pakistanis return from Libya

Over 400 Pakistanis return from Libya

More than 400 Pakistanis returned to the homeland from Libya on Friday. The process of bringing back Pakistanis from Libya is underway and the national airline by its seventh special flight brought another 400 Pakistanis to Islamabad from Tripoli, a priva
Published 19 Mar, 2011 12:00am
South East Asia's biggest IPO hit by Japan crisis

South East Asia's biggest IPO hit by Japan crisis

Shares in the China port unit of Hong Kong giant Hutchison Whampoa fell almost six percent on their debut in Singapore on Friday, hurt by the ongoing nuclear crisis in Japan. The initial public offering for Hutchison Port Holdings Trust, which controls de
Published 19 Mar, 2011 12:00am
IMF hails taxation measures

IMF hails taxation measures

International Monetary Fund (IMF) has said that the revenue measures recently taken by the government of Pakistan are 'welcome' as 'fiscal consolidation in the current year is important to provide a basis for long-term growth in Pakistan'.
Published 19 Mar, 2011 12:00am
Hyundai recalls Elantras over airbag system defect

Hyundai recalls Elantras over airbag system defect

Hyundai Corp recalled more than 190,000 Elantra sedans in the United Statesand Puerto Rico due to a defect that could allow the passenger side airbag to malfunction. The recall affects Elantras for the model years 2007, 2008 and 2009, according to a notic
Published 19 Mar, 2011 12:00am
IMF hails taxation measures

IMF hails taxation measures

International Monetary Fund (IMF) has said that the revenue measures recently taken by the government of Pakistan are 'welcome' as 'fiscal consolidation in the current year is important to provide a basis for long-term growth in Pakistan'.
Published 19 Mar, 2011 12:00am
Parmalat funds see no sense in Lactalis alliance

Parmalat funds see no sense in Lactalis alliance

Three foreign funds trying to replace management at Italy's Parmalat said they would not team up with France's Lactalis, which revealed late on Thursday it had become the dairy company's biggest shareholder. "We do not see any industrial convergence with
Published 19 Mar, 2011 12:00am
IMF hails taxation measures

IMF hails taxation measures

International Monetary Fund (IMF) has said that the revenue measures recently taken by the government of Pakistan are ''welcome'' as ''fiscal consolidation in the current year is important to provide a basis for long-term growth in Pakistan''.
Published 19 Mar, 2011 12:00am
Parmalat funds see no sense in Lactalis alliance

Parmalat funds see no sense in Lactalis alliance

Three foreign funds trying to replace management at Italy's Parmalat said they would not team up with France's Lactalis, which revealed late on Thursday it had become the dairy company's biggest shareholder. "We do not see any industrial convergence with
Published 19 Mar, 2011 12:00am
Slow pace of fertility reduction threat to growth: World Bank report

Slow pace of fertility reduction threat to growth: World Bank report

Pakistan's slow pace of fertility reduction is depriving it from getting demographic dividend, besides negatively impacting its efforts meant to enhance per capita income, says a World Bank report. The report added that Pakistan has managed to bring down
Published 19 Mar, 2011 12:00am
US Plains HRW wheat bids steady

US Plains HRW wheat bids steady

Hard red winter wheat basis bids were mostly steady in the US Plains on Friday as cash market activity remained quiet, dealers said. Dealers said there was little farmer selling. There was some movement of grain to terminals in Oklahoma, a dealer said. Pr
Published 19 Mar, 2011 12:00am
Slow pace of fertility reduction threat to growth: World Bank report

Slow pace of fertility reduction threat to growth: World Bank report

Pakistan's slow pace of fertility reduction is depriving it from getting demographic dividend, besides negatively impacting its efforts meant to enhance per capita income, says a World Bank report. The report added that Pakistan has managed to bring down
Published 19 Mar, 2011 12:00am
Confusions over tax measures impede business on cotton market

Confusions over tax measures impede business on cotton market

Mills and spinners kept to the sideline on the cotton market on Friday due to confusions over the announcements regarding tax measures for the textile sector, dealers said. Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 12,500, th
Published 19 Mar, 2011 12:00am
Slow pace of fertility reduction threat to growth: World Bank report

Slow pace of fertility reduction threat to growth: World Bank report

Pakistan''s slow pace of fertility reduction is depriving it from getting demographic dividend, besides negatively impacting its efforts meant to enhance per capita income, says a World Bank report. The report added that Pakistan has managed to bring down
Published 19 Mar, 2011 12:00am
Quake won't boost Japan's rice imports: USDA economist

Quake won't boost Japan's rice imports: USDA economist

Japan will not need any significant boost in rice imports this year based on current damage estimates tied to its earthquake and tsunami, a top US Agriculture Department rice expert said on Thursday. But it is likely that Japan will boost imports of peris
Published 19 Mar, 2011 12:00am
Slow pace of fertility reduction threat to growth: World Bank report

Slow pace of fertility reduction threat to growth: World Bank report

Pakistan''''s slow pace of fertility reduction is depriving it from getting demographic dividend, besides negatively impacting its efforts meant to enhance per capita income, says a World Bank report. The report added that Pakistan has managed to bring do
Published 19 Mar, 2011 12:00am
French grain exports to Libya halted despite needs

French grain exports to Libya halted despite needs

A major French grain exporter said on Thursday trade with Libya had completely stopped despite the country's need to purchase food commodities. Loic Desselas, head of trading at Soufflet, a French grain trading company which counts Libya as a client, said
Published 19 Mar, 2011 12:00am
Argentine soya outlook steady, corn harvest slow

Argentine soya outlook steady, corn harvest slow

Rains in Argentine soya areas relieved crops over the last week, but persistent dryness means output is not expected to exceed 48.8 million tonnes, the Buenos Aires Grains Exchange said on Thursday. Argentina, the world's third-biggest soya supplier, had
Published 19 Mar, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 88,890 tonnes of cargo including 48,286 tonnes of import cargo, c tonnes of export cargo and 2,490 loaded & empty containers during last 24 hours ended at 0700 hours on Friday. The total import cargo of 48,286 tonnes comprised of
Published 19 Mar, 2011 12:00am
Italy's 2010 wheat import up, maize down

Italy's 2010 wheat import up, maize down

Wheat imports into Italy, a major grain buyer in Europe, rose last year while maize imports fell 3.5 percent, with the bulk of imports coming from the European Union, Italian cereals body Anacer said on Frida. Soft wheat imports rose 11.9 percent to 4,806
Published 19 Mar, 2011 12:00am
Four IPPs may not get gas beyond June 30

Four IPPs may not get gas beyond June 30

The Ministry of Petroleum and Natural Resources (MoP&NR) has expressed its inability to ensure gas supply to four Independent Power Producers (IPPs) of 842 MW cumulative capacity after June 30, 2011, well-informed sources told Business Recorder.
Published 19 Mar, 2011 12:00am
Canadian canola posts biggest gain in 29 months

Canadian canola posts biggest gain in 29 months

ICE Canadian canola futures ran up the maximum daily limit before easing to a 5.3 percent gain on Thursday, the nearby month's biggest in 29 months as investors looked past Japan's nuclear crisis, traders said. Spillover support came from US markets, with
Published 19 Mar, 2011 12:00am
Four IPPs may not get gas beyond June 30

Four IPPs may not get gas beyond June 30

The Ministry of Petroleum and Natural Resources (MoP&NR) has expressed its inability to ensure gas supply to four Independent Power Producers (IPPs) of 842 MW cumulative capacity after June 30, 2011, well-informed sources told Business Recorder.
Published 19 Mar, 2011 12:00am
No change on grain market

No change on grain market

Not a single change in the rates was seen on the wholesales grain and seed markets on Friday as participants were busy in preparations for Juma prayers, release of the grain and seed merchants' group said.
Published 19 Mar, 2011 12:00am
Four IPPs may not get gas beyond June 30

Four IPPs may not get gas beyond June 30

The Ministry of Petroleum and Natural Resources (MoP&NR) has expressed its inability to ensure gas supply to four Independent Power Producers (IPPs) of 842 MW cumulative capacity after June 30, 2011, well-informed sources told Business Recorder.
Published 19 Mar, 2011 12:00am
A criminal deception?

A criminal deception?

Finally, what was feared did happen; Raymond Davis was freed under circumstances that raise many questions, on the one hand about the prudence/integrity of our government, its intelligence outfits (principally the ISI), the judiciary and the police, and o
Published 19 Mar, 2011 12:00am
LPG from Iran: certain marketing companies engaged in under-invoicing

LPG from Iran: certain marketing companies engaged in under-invoicing

Some marketing companies have reportedly been engaged in under-invoicing of LPG from Iran through road tankers causing huge loss to the national kitty, informed sources told Business Recorder. These companies reportedly involved in under-invoices a
Published 19 Mar, 2011 12:00am
KARACHI CHRONICLE: The costume of Sindh

KARACHI CHRONICLE: The costume of Sindh

The costumes of the other three provinces cannot match in aesthetic beauty and colour the topi and ajrak of Sindh. These items of male dress symbolise the richness of Sindhi culture. The ajrak especially reflects the deep roots of Sindh civilisation.
Published 19 Mar, 2011 12:00am
LPG from Iran: certain marketing companies engaged in under-invoicing

LPG from Iran: certain marketing companies engaged in under-invoicing

Some marketing companies have reportedly been engaged in under-invoicing of LPG from Iran through road tankers causing huge loss to the national kitty, informed sources told Business Recorder. These companies reportedly involved in under-invoices a
Published 19 Mar, 2011 12:00am
ART FACTS: Exploring creativity

ART FACTS: Exploring creativity

It is very important that an institute has faculty members who are not only qualified and skilled but also totally dedicated to the academy. The Karachi School of Art has recently exhibited the artworks of twenty senior and young faculty members from four
Published 19 Mar, 2011 12:00am
LPG from Iran: certain marketing companies engaged in under-invoicing

LPG from Iran: certain marketing companies engaged in under-invoicing

Some marketing companies have reportedly been engaged in under-invoicing of LPG from Iran through road tankers causing huge loss to the national kitty, informed sources told Business Recorder. These companies reportedly involved in under-invoices a
Published 19 Mar, 2011 12:00am
BOOK REVIEW: Muslim-Spanish culture nostalgia

BOOK REVIEW: Muslim-Spanish culture nostalgia

There are people, though a few, multifaceted and multi- dimensional making their presence felt whatever field of activity they choose for themselves. Dr Mustafa Karim seems to me one of such persons. Since long he is living in UK, practising medicine. To
Published 19 Mar, 2011 12:00am
Index loses 251.66 points

Index loses 251.66 points

The KSE-100 index on Friday registered a heavy fall of 251.66 points due to massive selling by foreign investors. The index closed at the level of 11,606.61 points from previous day's closing of 11,858.27 points.
Published 19 Mar, 2011 12:00am
BRIDGE NOTES: Like a striptease dancer

BRIDGE NOTES: Like a striptease dancer

Declarer play has many facets in bridge. The able declarer is the one who is well aware of all his several options and techniques and has the knowledge of applying the proper technique at the right time making sure his timing is proper, his reading of the
Published 19 Mar, 2011 12:00am
Index loses 251.66 points

Index loses 251.66 points

The KSE-100 index on Friday registered a heavy fall of 251.66 points due to massive selling by foreign investors. The index closed at the level of 11,606.61 points from previous day's closing of 11,858.27 points.
Published 19 Mar, 2011 12:00am
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