News Archives for Print - 2011-03-20

KESC police nab two imposters

Karachi Electric Supply Company (KESC) police has arrested two imposters and presented them before judicial magistrate. The court sent them to jail till March 30.

Published 20 Mar, 2011 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 19, 2011).

Published 20 Mar, 2011 12:00am

Gas fields: ECC wants Prime Minister to decide OGDCL-Sindh row

The Economic Co-ordination Committee (ECC) of the cabinet has directed Sindh and Oil and Gas Development Company Limited (OGDCL) to take up the issue of dormant gas fields with Prime Minister Syed Yousuf Raza Gilani, Business Recorder has learnt.

Published 20 Mar, 2011 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (March 19, 2011).

Published 20 Mar, 2011 12:00am

Gas fields: ECC wants Prime Minister to decide OGDCL-Sindh row

The Economic Co-ordination Committee (ECC) of the cabinet has directed Sindh and Oil and Gas Development Company Limited (OGDCL) to take up the issue of dormant gas fields with Prime Minister Syed Yousuf Raza Gilani, Business Recorder has learnt.

Published 20 Mar, 2011 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (March 19, 2011).

Published 20 Mar, 2011 12:00am

Pakistan and Bhutan must strengthen bilateral ties: Gilani

Prime Minister Yousuf Raza Gilani has said that Pakistan and Bhutan must strengthen their bilateral ties by adding substance to these on the basis of equality, mutual respect and mutual benefit. The Prime Minister called for enhanced political contacts in

Published 20 Mar, 2011 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (March 19, 2011).

Published 20 Mar, 2011 12:00am

Pakistan and Bhutan must strengthen bilateral ties: Gilani

Prime Minister Yousuf Raza Gilani has said that Pakistan and Bhutan must strengthen their bilateral ties by adding substance to these on the basis of equality, mutual respect and mutual benefit. The Prime Minister called for enhanced political contacts in

Published 20 Mar, 2011 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (March 19, 2011).

Published 20 Mar, 2011 12:00am

Diyat agreement: US consulate to be asked to foot the bill

A bill for the payment made to the heirs of the families of victims killed by Raymond Davis would soon be forwarded to Consulate General of the US in Lahore, high official sources revealed Business Recorder. Sources further disclosed that the total

Published 20 Mar, 2011 12:00am

Poultry Rates

Wholesale poultry rates on Saturday (March 19, 2011) and for Sunday (March 20, 2011).

Published 20 Mar, 2011 12:00am

Diyat agreement: US consulate to be asked to foot the bill

A bill for the payment made to the heirs of the families of victims killed by Raymond Davis would soon be forwarded to Consulate General of the US in Lahore, high official sources revealed Business Recorder. Sources further disclosed that the total

Published 20 Mar, 2011 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 19, 2011).

Published 20 Mar, 2011 12:00am

Broadening tax net: FBR to issue notices to 0.7 million people

The Federal Board of Revenue (FBR) will issue notices to 700,000 people having luxurious lifestyle but paying no tax by March 21, 2011 in a move to broaden tax net, Chairman Federal Board of Revenue (FBR) Salman Siddiqui informed business community on Sat

Published 20 Mar, 2011 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (March 19, 2011).

Published 20 Mar, 2011 12:00am

Broadening tax net: FBR to issue notices to 0.7 million people

The Federal Board of Revenue (FBR) will issue notices to 700,000 people having luxurious lifestyle but paying no tax by March 21, 2011 in a move to broaden tax net, Chairman Federal Board of Revenue (FBR) Salman Siddiqui informed business community on Sat

Published 20 Mar, 2011 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (March 19, 2011).

Published 20 Mar, 2011 12:00am

Broadening tax net: FBR to issue notices to 0.7 million people

The Federal Board of Revenue (FBR) will issue notices to 700,000 people having luxurious lifestyle but paying no tax by March 21, 2011 in a move to broaden tax net, Chairman Federal Board of Revenue (FBR) Salman Siddiqui informed business community on Sat

Published 20 Mar, 2011 12:00am

The Weather

The weather report on Saturday (March 19, 2011) and the forecast for Sunday (March 20, 2011).

Published 20 Mar, 2011 12:00am

RTOs, LTUs warned against misuse of ERS

The Federal Board of Revenue has directed the Regional Tax Offices and Large Taxpayer Units that any maladministration in the Expeditious Refund System (ERS) will not be tolerated. The FBR here on Saturday issued instructions to the LTUs and RTOs in this

Published 20 Mar, 2011 12:00am

RTOs, LTUs warned against misuse of ERS

The Federal Board of Revenue has directed the Regional Tax Offices and Large Taxpayer Units that any maladministration in the Expeditious Refund System (ERS) will not be tolerated. The FBR here on Saturday issued instructions to the LTUs and RTOs in this

Published 20 Mar, 2011 12:00am

RTOs, LTUs warned against misuse of ERS

The Federal Board of Revenue has directed the Regional Tax Offices and Large Taxpayer Units that any maladministration in the Expeditious Refund System (ERS) will not be tolerated. The FBR here on Saturday issued instructions to the LTUs and RTOs in this

Published 20 Mar, 2011 12:00am

Japan detects abnormal radiation levels in food

Japan has detected abnormal levels of radiation in milk and spinach near a stricken nuclear plant, but the foods pose no immediate threat to humans, government spokesman Yukio Edano said Saturday. Traces of radioactive iodine were meanwhile found in tap w

Published 20 Mar, 2011 12:00am

Japan detects abnormal radiation levels in food

Japan has detected abnormal levels of radiation in milk and spinach near a stricken nuclear plant, but the foods pose no immediate threat to humans, government spokesman Yukio Edano said Saturday. Traces of radioactive iodine were meanwhile found in tap w

Published 20 Mar, 2011 12:00am

Egyptians vote on reform; ElBaradei attacked

Egyptians flocked to the polls on Saturday for the first time since President Hosni Mubarak was toppled to vote in a referendum on political reform marred by an attack on presidential candidate Mohamed ElBaradei. Youths pushed and hurled missiles at the f

Published 20 Mar, 2011 12:00am

Egyptians vote on reform; ElBaradei attacked

Egyptians flocked to the polls on Saturday for the first time since President Hosni Mubarak was toppled to vote in a referendum on political reform marred by an attack on presidential candidate Mohamed ElBaradei. Youths pushed and hurled missiles at the f

Published 20 Mar, 2011 12:00am

Bahrain king pledges reform as protester dies

Bahrain's king pledged to bring reforms and another demonstrator was on Saturday confirmed to have died in a crackdown on pro-democracy protesters, as international calls mounted for restraint. "I shall not allow a stop in the reform process which I began

Published 20 Mar, 2011 12:00am

Bahrain king pledges reform as protester dies

Bahrain's king pledged to bring reforms and another demonstrator was on Saturday confirmed to have died in a crackdown on pro-democracy protesters, as international calls mounted for restraint. "I shall not allow a stop in the reform process which I began

Published 20 Mar, 2011 12:00am

Syria mourners call for revolt, forces fire tear gas

Thousands of mourners called on Saturday for "revolution" at the funeral of protesters killed by Syrian security forces, the boldest challenge to Syria's rulers since uprisings began sweeping the Arab world. Security forces responded by firing tear gas to

Published 20 Mar, 2011 12:00am

Syria mourners call for revolt, forces fire tear gas

Thousands of mourners called on Saturday for "revolution" at the funeral of protesters killed by Syrian security forces, the boldest challenge to Syria's rulers since uprisings began sweeping the Arab world. Security forces responded by firing tear gas to

Published 20 Mar, 2011 12:00am

First shots fired in Libya intervention

The French air force destroyed Libyan tanks and armoured vehicles on Saturday, the first shots fired in a UN-mandated military intervention to protect civilians from attacks by Muammar Gaddafi's forces. A French defence ministry official said "a number of

Published 20 Mar, 2011 12:00am

First shots fired in Libya intervention

The French air force destroyed Libyan tanks and armoured vehicles on Saturday, the first shots fired in a UN-mandated military intervention to protect civilians from attacks by Muammar Gaddafi's forces. A French defence ministry official said "a number of

Published 20 Mar, 2011 12:00am

15 districts of Balochistan: power supply disrupted after two towers blown up

Power supply to 15 district of Balochistan was disrupted as unknown men blew up two towers of 220 and 132KV high transmission lines in the Mach area of Bolan district in the early hours of Saturday, officials sources said.

Published 20 Mar, 2011 12:00am

15 districts of Balochistan: power supply disrupted after two towers blown up

Power supply to 15 district of Balochistan was disrupted as unknown men blew up two towers of 220 and 132KV high transmission lines in the Mach area of Bolan district in the early hours of Saturday, officials sources said.

Published 20 Mar, 2011 12:00am

Increase in SED notified

The Federal Board of Revenue has notified increase in the rate of the special excise duty (SED) from one percent to 2.5 percent on the import and local supply of non-essential and luxury item. In this regard, the FBR has issued a notification here on Satu

Published 20 Mar, 2011 12:00am

Increase in SED notified

The Federal Board of Revenue has notified increase in the rate of the special excise duty (SED) from one percent to 2.5 percent on the import and local supply of non-essential and luxury item. In this regard, the FBR has issued a notification here on Satu

Published 20 Mar, 2011 12:00am

Increase in SED notified

The Federal Board of Revenue has notified increase in the rate of the special excise duty (SED) from one percent to 2.5 percent on the import and local supply of non-essential and luxury item. In this regard, the FBR has issued a notification here on Satu

Published 20 Mar, 2011 12:00am

Increase in SED notified

The Federal Board of Revenue has notified increase in the rate of the special excise duty (SED) from one percent to 2.5 percent on the import and local supply of non-essential and luxury item. In this regard, the FBR has issued a notification here on Satu

Published 20 Mar, 2011 12:00am

Cable operators end strike

Pakistan Cable Operators Association has announced end to the strike late Saturday night, Aaj News reported. According to the channel, Pakistan Cable Operators Association Chairman Khalid Arain announcing the end to the strike said that the token s

Published 20 Mar, 2011 12:00am

Cable operators end strike

Pakistan Cable Operators Association has announced end to the strike late Saturday night, Aaj News reported. According to the channel, Pakistan Cable Operators Association Chairman Khalid Arain announcing the end to the strike said that the token s

Published 20 Mar, 2011 12:00am

BJP accuses Prime Minister of 'misleading' parliament

India's opposition has accused embattled Prime Minister Manmohan Singh of misleading parliament by denying he had any knowledge of a cash-for-votes scandal alleged in US cables leaked by WikiLeaks. The uproar over alleged vote-buying by his Congress gover

Published 20 Mar, 2011 12:00am

BJP accuses Prime Minister of 'misleading' parliament

India's opposition has accused embattled Prime Minister Manmohan Singh of misleading parliament by denying he had any knowledge of a cash-for-votes scandal alleged in US cables leaked by WikiLeaks. The uproar over alleged vote-buying by his Congress gover

Published 20 Mar, 2011 12:00am

$3 billion rice export target could be missed if...

Rice Exporters Association of Pakistan (Reap) on Saturday expressed fear that $3 billion rice export target could be missed if the issues being faced by them are not addressed on an urgent basis. Speaking at a press conference at Reap House, Acting Chairm

Published 20 Mar, 2011 12:00am

$3 billion rice export target could be missed if...

Rice Exporters Association of Pakistan (Reap) on Saturday expressed fear that $3 billion rice export target could be missed if the issues being faced by them are not addressed on an urgent basis. Speaking at a press conference at Reap House, Acting Chairm

Published 20 Mar, 2011 12:00am

$3 billion rice export target could be missed if...

Rice Exporters Association of Pakistan (Reap) on Saturday expressed fear that $3 billion rice export target could be missed if the issues being faced by them are not addressed on an urgent basis. Speaking at a press conference at Reap House, Acting Chairm

Published 20 Mar, 2011 12:00am

BBC admits using private detectives

The BBC has hired private detectives to help make its investigative programmes, the corporation's director-general admitted Saturday, amid an ongoing row about underhand reporting methods. "Occasionally BBC investigative programmes have used and do use pr

Published 20 Mar, 2011 12:00am

BBC admits using private detectives

The BBC has hired private detectives to help make its investigative programmes, the corporation's director-general admitted Saturday, amid an ongoing row about underhand reporting methods. "Occasionally BBC investigative programmes have used and do use pr

Published 20 Mar, 2011 12:00am

Imran phones Altaf

Tehreek-e-Insaaf chief Imran Khan on Saturday telephoned MQM Quaid Altaf Hussain, a private TV channel reported. According to the channel, Altaf and Imran exchanged views on national politics. Quoting details, the channel said the two leaders, whose parti

Published 20 Mar, 2011 12:00am

Imran phones Altaf

Tehreek-e-Insaaf chief Imran Khan on Saturday telephoned MQM Quaid Altaf Hussain, a private TV channel reported. According to the channel, Altaf and Imran exchanged views on national politics. Quoting details, the channel said the two leaders, whose parti

Published 20 Mar, 2011 12:00am

KESC fleece consumers in defiance of Nepra's order

Karachi Electric Supply Company Ltd (KESC) is showing reluctance to pay back overcharged amount to its consumers, despite having clear instructions from National Electric Power Regulatory Authority (Nepra) to do so from February, 2011. According to source

Published 20 Mar, 2011 12:00am

KESC fleece consumers in defiance of Nepra's order

Karachi Electric Supply Company Ltd (KESC) is showing reluctance to pay back overcharged amount to its consumers, despite having clear instructions from National Electric Power Regulatory Authority (Nepra) to do so from February, 2011. According to source

Published 20 Mar, 2011 12:00am

KESC fleece consumers in defiance of Nepra''s order

Karachi Electric Supply Company Ltd (KESC) is showing reluctance to pay back overcharged amount to its consumers, despite having clear instructions from National Electric Power Regulatory Authority (Nepra) to do so from February, 2011. According to source

Published 20 Mar, 2011 12:00am

CLIC participating with Petrosin bid for UCH-II & Kunnar

China Liaoning International & Technical Co-operation Group Corporation Limited (CLIC) is participating with Petrosin Engineering (Pvt) Limited in the bid for UCH-II and Kunnar Pasakhi deep development projects of Oil and Gas Development Corporation (OGDC

Published 20 Mar, 2011 12:00am

CLIC participating with Petrosin bid for UCH-II & Kunnar

China Liaoning International & Technical Co-operation Group Corporation Limited (CLIC) is participating with Petrosin Engineering (Pvt) Limited in the bid for UCH-II and Kunnar Pasakhi deep development projects of Oil and Gas Development Corporation (OGDC

Published 20 Mar, 2011 12:00am

CLIC participating with Petrosin bid for UCH-II & Kunnar

China Liaoning International & Technical Co-operation Group Corporation Limited (CLIC) is participating with Petrosin Engineering (Pvt) Limited in the bid for UCH-II and Kunnar Pasakhi deep development projects of Oil and Gas Development Corporation (OGDC

Published 20 Mar, 2011 12:00am

Peru's prime minister resigns

Peru's Prime Minister Jose Antonio Chang has resigned for personal reasons four months before the end of the government's term, President Alan Garcia announced Saturday. Garcia named Rosario Fernandez to replace Chang, 52, as his chief of government.

Published 20 Mar, 2011 12:00am

Peru's prime minister resigns

Peru's Prime Minister Jose Antonio Chang has resigned for personal reasons four months before the end of the government's term, President Alan Garcia announced Saturday. Garcia named Rosario Fernandez to replace Chang, 52, as his chief of government.

Published 20 Mar, 2011 12:00am

Government to inject Rs three billion in Railways

The government has decided to inject Rs 3 billion in Pakistan Railways (PR) immediately from the approved package of Rs 11.5 billion to ameliorate financial health of the loss making entity, it was reliably learnt. An official of Finance Ministry told

Published 20 Mar, 2011 12:00am

Government to inject Rs three billion in Railways

The government has decided to inject Rs 3 billion in Pakistan Railways (PR) immediately from the approved package of Rs 11.5 billion to ameliorate financial health of the loss making entity, it was reliably learnt. An official of Finance Ministry told
Published 20 Mar, 2011 12:00am

Safe city project: PPRA rules cannot be set aside: analysts

Federal cabinet's decision to exempt $125 million Safe City Islamabad project from Public Procurement Regulatory Authority (PPRA) Rules 2004 on the insistence of Interior Minister, Rehman Malik is illegal, analysts said. The Supreme Court of Pakistan is a
Published 20 Mar, 2011 12:00am

Safe city project: PPRA rules cannot be set aside: analysts

Federal cabinet''s decision to exempt $125 million Safe City Islamabad project from Public Procurement Regulatory Authority (PPRA) Rules 2004 on the insistence of Interior Minister, Rehman Malik is illegal, analysts said. The Supreme Court of Pakistan is
Published 20 Mar, 2011 12:00am

Payment for fuel supply: PSO accuses Pepco of violating agreement

The cash strapped Pakistan State Oil (PSO) has accused Pakistan Electric Power Company (Pepco) of violating agreement regarding cash payment of dues on account of fuel supply.
Published 20 Mar, 2011 12:00am

Withdrawal of zero rating facility: textile industry nears standstill

The whole textile industry is near standstill with government's restriction of zero-rating on the export of textiles, carpets, leather, sporting and surgical goods only to registered manufacturers and exporters. Hence it is likely to end up on colossal lo
Published 20 Mar, 2011 12:00am

CDGL retrieves 58-kanal, 14-marla land from encroachers

The City District Government of Lahore (CDGL) has on Saturday retrieved 58-kanal and 14-marla state land worth Rs 254.6 million from encroachers on the ninth day of its anti-encroachment operation.
Published 20 Mar, 2011 12:00am

Conference on water, power crisis held

Chief of Pakistan Muthida Kisan Mahaz (PMKM) and Convenor Water and Power Action Committee, Ayub Khan Mayo said on Saturday that new taxation measures of the government has proved that the rulers are following the dictation from US, IMF and World Bank.
Published 20 Mar, 2011 12:00am

PCS officers vow to continue struggle for their rights

Despite Punjab government's unbending stance, the PCS officers have decided to continue their struggle for their rights. Talking to the media outside district court, PCS Officers Association President Rai Manzoor Nasir said they would continue to fight fo
Published 20 Mar, 2011 12:00am

Cable Operators' strike: private TV channels' transmissions remain suspended

The transmission of all private television channels remained suspended on Saturday in the twin cities of Islamabad and Rawalpindi like other parts of the country, as Cable Operators Association of Pakistan (CAP) blocked the transmission in protest against
Published 20 Mar, 2011 12:00am

Levying of taxes on industrial sector criticised

Khawaja Jalaluddin Roomi, Chairman of All Pakistan Bed-sheets & Upholstery Manufacturer Association (APBUMA) has said that the industrial sector should not be made a scapegoat for the inefficiencies of government departments, either contributing in the ov
Published 20 Mar, 2011 12:00am

'Spring Flowers, Vegetable and Bird Show'

Islamabad Horticultural Society (IHS), in collaboration with the Capital Development Authority (CDA) is arranging 'Spring Flowers, Vegetable and Birds Show' from April 1-3, 2011 at Rose & Jasmine Garden, which will be inaugurated by Chairman CDA, Imtiaz I
Published 20 Mar, 2011 12:00am

SBI organising international 'Halal conference' from March 22

In a move to capture a substantial share in US$1.31 trillion Halal product market, Sindh Board of Investment (SBI), in collaboration with Halal Industry Development Corporation (HDC), Malaysia is organising a two-day International Halal Conference from Ma
Published 20 Mar, 2011 12:00am

Saudi envoy meets Rehman Malik

Saudi Ambassador to Pakistan Abdul Aziz Al-Ghadeer on Saturday called on Interior Minister Rehman Malik, and discussed with him matters relating to mutual interest. The meeting was held in a cordial environment and agreed to further promote and strengthen
Published 20 Mar, 2011 12:00am

All Pakistan Minorities Alliance CEC meets

The meeting of Central Executive Committee (CEC) of All Pakistan Minorities Alliance was held here on Saturday to see the current challenges of minorities in Pakistan. The meeting was chaired by Dr Paul Bhatti. Addressing to the members of the committee,
Published 20 Mar, 2011 12:00am

IHC's three benches for next week

Chief Justice of Islamabad High Court (IHC) Iqbal Hameed-ur-Rehman has constituted three benches, including a divisional bench, to hear a number of cases from next week starting from March 21. The first bench comprises the Chief Justice Iqbal Hameed-ur-Re
Published 20 Mar, 2011 12:00am

Tribal jirga: protests against US drone strike continue

Protests triggered over the US drone attack on the tribal jirga and killing of peaceful tribesmen continued on Saturday as more political parties and students organisations took out rallies and staged demonstrations. The protesters called for severing tie
Published 20 Mar, 2011 12:00am

Textile, food exports surge by 28.67 percent, 18.28 percent respectively

Exports of textile and food groups have witnessed considerable growth during the first 8 months of the current year as these surged by 28.67 percent and 18.28 percent respectively. The textile exports during July-February (2010-11) were recorded at US$8.6
Published 20 Mar, 2011 12:00am

CNG association announces protest against two-day weekly closure

All Pakistan Compressed Natural Gas (CNG) Association has decided to launch series of protests across the country from Monday against two-day weekly closure of gas supply to CNG stations. While reports, several filling stations have been found refiling de
Published 20 Mar, 2011 12:00am

World Water Day: LCWU to organise walk on March 21

The Environment Science Department of Lahore College For Women University (LCWU), Lahore will organise a walk in campus tomorrow (21st March) for the World Water Day. Dean of natural sciences Dr Kausar Jamal Cheema said that the walk will start at 9:30 am
Published 20 Mar, 2011 12:00am

Chairman PRGMEA urges chairman FBR to visit Sialkot

Chairman Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) Ejaz Khokhar has urged the Chairman FBR to visit Sialkot to address such issues of Small & Medium Enterprises with change in zero-rating regime. He said the small and medi
Published 20 Mar, 2011 12:00am

Promotion of women entrepreneurs: setting up of research department inevitable

Chief Executive Officer, Trade Development Authority of Pakistan (TDAP), Tariq Iqbal Puri has said the establishment of well-equipped research and development department is inevitable to promote women entrepreneurs in the country.
Published 20 Mar, 2011 12:00am

Government urged to provide atmosphere conducive to promotion of businesses

Chairman, Pakistan Industrial and Traders Associations Front (PIAF), Sohail Lashari, senior Vice Chairman, Nadir Kamal Usman, Vice Chairman, Junaid Iqbal Sheikh and Chairman Lahore Towship Industries Association LTIA, Haroon Shafiq Chaudhry in a joint sta
Published 20 Mar, 2011 12:00am

Raymond Davis case: petition filed against AD&SJ in Supreme Court

A petition seeking contempt of court action against the Additional District and Sessions Judge (AD&SJ), Muhammad Yousaf Aujla has been filed before the Supreme Court. The petitioner contended that he had on January 31 last, moved an application to seek op
Published 20 Mar, 2011 12:00am

CJ LHC constitutes 6 DBs, 12 SBs

Chief Justice Lahore High Court Ijaz Ahmad Chaudhry here on Saturday constituted 6 division benches (DBs) and 12 single benches (SBs) for the disposal of the cases pending with principal seat for week commencing from March 21. The DBs are headed by Chief
Published 20 Mar, 2011 12:00am

Hindu community celebrates Holi festival

The Hindu community of Pakistan celebrated Holi festival on Saturday across the country. Hindu families residing in various villages of Cholistan including 55 D.B, 112 D.B and Chanan Peer area also celebrated Holi and showered colours on each other and of
Published 20 Mar, 2011 12:00am

Supreme Court's seven benches for next week

Chief Justice of Pakistan Iftikhar Muhammad Chaudhry has constituted seven benches including a special bench at the Principal seat to hear a number of important cases in the next week starting from March 19.
Published 20 Mar, 2011 12:00am

Business community holds protest rally against three Ordinances

Business Community took out a protest rally against government for bringing mini budget through three Ordinances here on Saturday, while yarn and grey cloth merchants announced to close down their business on March 21 to register their protest against for
Published 20 Mar, 2011 12:00am

The trap

A recent International Men and Gender Equality Survey (IMAGES) conducted in six developed countries across four contingents, including Brazil, Croatia, Mexico, Rwanda and India revealed the mindset and attitude of men towards violence. The sample comprise
Published 20 Mar, 2011 12:00am

Copper down

Copper failed to extend gains into a third day Friday, ending lower, as further tightening moves in China, Middle East unrest and Japan's nuclear crisis kept investor risk at a minimum. Still, prices of the metal managed to post their best weekly performa
Published 20 Mar, 2011 12:00am

US gold up

US gold futures ended higher for a third straight day on Friday after a unilateral cease-fire declared by Libyan leader Muammar Gaddafi failed to calm investor nerves as political tensions remained elevated across the Arab world..
Published 20 Mar, 2011 12:00am

CBOT soya higher

Chicago Board of Trade soya ended 2 percent higher on the day, last up 27-1/4 cents at $13.62-1/2 on bullish technicals and prospects for a strike in Argentina among trucking and other transportation workers on Monday amid the harvest season, traders said
Published 20 Mar, 2011 12:00am

Raw sugar premiums decline

Raw sugar premiums dropped on Thursday as the prospect of a bigger-than-expected crop in Thailand weighed on sentiment, but cheaper prices could attract buying from consumers. Thai raws of high-polarisation variety were traded at premiums of 200 points to
Published 20 Mar, 2011 12:00am

Philippines to tender import rights for 60,000 tonnes of rice

The Philippines' state grain agency said on Friday it may seek bids this month from small farmers' groups for the rights to import up to 60,000 tonnes of rice, part of an approved volume for private sector importers. The National Food Authority (NFA) woul
Published 20 Mar, 2011 12:00am

Thailand moves to shore up rubber prices

The Thai government has asked rubber exporters to halt shipments and a state body overseeing the sector will meet next week to look at further ways to support prices, Deputy Prime Minister Suthep Thaugsuban said on Thursday.
Published 20 Mar, 2011 12:00am

Informa raises US 2011 corn area forecast, cuts soya estimate

Analytical firm Informa Economics projected that US farmers will plant 75.269 million acres (30.46 million hectares) of soyabeans this spring, a drop from its January estimate of 76.654 million, trade sources said Friday. The firm raised its estimate of 2
Published 20 Mar, 2011 12:00am

Commodity markets consumed by Japan disaster, Libya unrest

Commodity prices endured great volatility last week as traders in oil, metals and grains reacted to Japan's nuclear disaster and mounting unrest in Libya.
Published 20 Mar, 2011 12:00am

PSDTF's set of policies

In a letter written to President Zardari, Shahid Javed Burki, Chairman of the Private Sector Development Task Force (PSDTF) of the Planning Commission, has proposed a set of policies to resolve the present economic problems of the country and lay the foun
Published 20 Mar, 2011 12:00am

Strategic dimension of Bahrain crisis

Early this week as the Saudi military troops crossed the causeway and entered Bahrain, the troops flashed signs of victory and the demonstrators responded with boos and hoots, shouting "you are invaders." The Saudi troops and UAE policemen have reached Ma
Published 20 Mar, 2011 12:00am

Corruption elimination

Revenue generation by a political government is always accompanied with issues and opposition, but a deeply rooted political system is capable of implementing policies successfully. The government achieves various economic and social goals and improves ef
Published 20 Mar, 2011 12:00am

Currency	Rate
USD PKR Interbank Selling / Apr 10	280.65
USD PKR Interbank Buying / Apr 10	280.45
USD to Japanese Yen / Apr 10	146.33
USD to Swiss Franc / Apr 10	0.85
Pound Sterling to USD / Apr 10	1.29
Euro to USD / Apr 10	1.10
UK LIBOR % / Apr 8	4.96

Stock	Volume
S&P 500 / Apr 9	5,456.90
India Sensex / Apr 9	73,847.15
Nasdaq / Apr 9	17,124.97
Dow Jones / Apr 9	40,608.45
Tokyo Nikkei / Apr 10	34,609
Hang Seng / Apr 10	20,681.78
FTSE 100 / Apr 10	7,991.30
Germany DAX 30 / Apr 10	20,795.81
France CAC40 / Apr 10	7,230.41

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 9	17,085
Gold 10 Grams PKR / Apr 9	275,205
Cotton US¢/pound / Apr 9	66.63
Crude Oil USD/Barrel / Apr 10	60.72
Gold Spot USD/Ounce / Apr 10	3,105.88
Petrol/Litre / Apr 11	254.63
Diesel/Litre / Apr 11	258.64

Stock	Price
Tri-Star Mutual / Apr 10 Tri-Star Mutual Fund Limited(TSMF)	8.10 ▲ 1 (14.08%)
Burj Clean Energy Modaraba / Apr 10 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9 ▲ 1 (12.5%)
Pak Agro Pack. (GEM) / Apr 10 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.85 ▲ 0.79 (11.19%)
Nazir Cotton Mills / Apr 10 Nazir Cotton Mills Limited(NCML)	11.84 ▲ 1.08 (10.04%)
Pak Gulf Leasing / Apr 10 Pak-Gulf Leasing Company Limited(PGLC)	17.79 ▲ 1.62 (10.02%)
Frontier Ceram / Apr 10 Frontier Ceramics Limited(FRCL)	24.59 ▲ 2.24 (10.02%)
Tandlianwala Sugar / Apr 10 Tandlianwala Sugar Mills Limited(TSML)	73.99 ▲ 6.73 (10.01%)
Sanghar Sugar / Apr 10 Sanghar Sugar Mills Limited(SANSM)	53.19 ▲ 4.84 (10.01%)
Sui South Gas / Apr 10 Sui Southern Gas Company Limited(SSGC)	39.13 ▲ 3.56 (10.01%)
Air Link Com. / Apr 10 Air Link Communication Limited(AIRLINK)	173.15 ▲ 15.74 (10%)

Stock	Price
JS Mom. Factor ETF / Apr 10 JS Momentum Factor ETF(JSMFETF)	11.69 ▼ -1.58 (-11.91%)
Premier Sugar / Apr 10 The Premier Sugar Mills(PMRS)	324 ▼ -36 (-10%)
Fateh Ind. / Apr 10 Fateh Industries Limited(FIL)	121.01 ▼ -11.82 (-8.9%)
Pak. P.V.C. / Apr 10 Pakistan PVC Limited(PPVC)	8.26 ▼ -0.74 (-8.22%)
Sardar Chemical / Apr 10 Sardar Chemical Industries Limited(SARC)	32.25 ▼ -2.41 (-6.95%)
Tri-Star Power / Apr 10 Tri-Star Power Limited(TSPL)	6.62 ▼ -0.42 (-5.97%)
Elahi Cot. / Apr 10 Elahi Cotton Mills Limited(ELCM)	128.80 ▼ -7.6 (-5.57%)
Gulshan Sp. / Apr 10 Gulshan Spinning Mills Limited(GSPM)	3.11 ▼ -0.18 (-5.47%)
Pak Gen.Ins. / Apr 10 The Pakistan General Insurance Co. Ltd.(PKGI)	9 ▼ -0.48 (-5.06%)
United Brands / Apr 10 United Brands Limited(UBDL)	22.09 ▼ -1.14 (-4.91%)

Stock	Volume
Cnergyico PK / Apr 10 Cnergyico PK Limited(CNERGY)	86,201,675 ▲ 0.18
K-Electric Ltd. / Apr 10 K-Electric Limited(KEL)	57,719,498 ▲ 0.34
Sui South Gas / Apr 10 Sui Southern Gas Company Limited(SSGC)	44,728,211 ▲ 3.56
Pak Int.Bulk / Apr 10 Pakistan International Bulk Terminal(PIBTL)	37,513,715 ▲ 0.76
Maple Leaf Cement / Apr 10 Maple Leaf Cement Factory Limited(MLCF)	20,991,880 ▲ 0.92
PIA Holding Co.Ltd / Apr 10 PIA Holding Company Limited(PIAHCLA)	20,463,930 ▼ -0.11
Pak Elektron / Apr 10 Pak Elektron Limited(PAEL)	20,122,690 ▲ 4.08
Fauji Cement / Apr 10 Fauji Cement Company Limited(FCCL)	19,229,506 ▲ 0.12
At-Tahur Ltd. / Apr 10 At-Tahur Limited(PREMA)	19,056,551 ▲ 3.8
WorldCall Telecom / Apr 10 Worldcall Telecom Limited(WTL)	16,620,477 ▲ 0.03

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