News Archives for Print - 2011-03-22 - Business Recorder

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Print - 2011-03-22

Address to students at SSUET Convocation: This is the time to discover your life's destiny: Chancellor

Address to students at SSUET Convocation: This is the time to discover your life's destiny: Chancellor

"Now that you are graduates this is the most critical time for life changing decisions. A new chapter is about to begin. A myriad of new challenges and options are on your horizons. This is the time to discover your destiny. You need a pioneer spirit in o

Published 22 Mar, 2011 12:00am

Senate body recommends setting up of Lok Virsa museums

Senate body recommends setting up of Lok Virsa museums

The Senate Standing Committee on Culture and Tourism on Monday recommended setting up Lok Virsa museums in all province of the country to promote culture heritage. The committee, which met with Senator Nilofar Bakhtiar in the chair here at the Lok Virsa,

Published 22 Mar, 2011 12:00am

Raisani calls on Kayani

Raisani calls on Kayani

Chief Minister Balochistan Nawab Mohammad Aslam Khan Raisani called on Chief of Army Staff General Ashfaq Parvez Kayani at General Headquarters on Monday. The chief minister remained with him for some time and discussed security situation and development

Published 22 Mar, 2011 12:00am

60 suspects held in Islamabad

60 suspects held in Islamabad

Islamabad Police in its on-going anti-social elements drive have arrested 60 persons allegedly involved in street crimes during the year and recovered looted items worth millions of rupees, 55 mobile phones, five cars and a motorbike from their possession

Published 22 Mar, 2011 12:00am

High security for Joint Session

High security for Joint Session

Stringent security arrangements have been made in the Federal Capital ahead of the Joint Session of the Parliament to be addressed by President Asif Ali Zardari today (Tuesday). Rangers and Frontier Constabulary (FC) have also been called in to ensure foo

Published 22 Mar, 2011 12:00am

Standard Chartered provides bilateral MCGF to TMFB for two years

Standard Chartered provides bilateral MCGF to TMFB for two years

The largest ever bilateral Micro Finance Credit Guarantee Facility (MCGF) provided by Standard Chartered Bank (Pakistan) Limited Standard Chartered Bank (Pakistan) Limited has successfully closed a PKR 600 million, two year finance facility to Tameer Micr

Published 22 Mar, 2011 12:00am

Standard Chartered provides bilateral MCGF to TMFB for two years

Standard Chartered provides bilateral MCGF to TMFB for two years

The largest ever bilateral Micro Finance Credit Guarantee Facility (MCGF) provided by Standard Chartered Bank (Pakistan) Limited Standard Chartered Bank (Pakistan) Limited has successfully closed a PKR 600 million, two year finance facility to Tameer Micr

Published 22 Mar, 2011 12:00am

Court extends Kazmi's physical remand for five more days

Court extends Kazmi's physical remand for five more days

Court extended physical remand of former Religious Affairs Minister, Hamid Saeed Kazmi for five more days and handed him over to Federal Investigation Agency (FIA) for further investigation pertaining to multi-million Hajj corruption scam.

Published 22 Mar, 2011 12:00am

Broadening tax base: FBR asks field formations to constitute special BTB Unit

Broadening tax base: FBR asks field formations to constitute special BTB Unit

A special team of tax officials, 'Broadening the Tax-Base Unit' (BTB Unit) in each Large Taxpayer Unit (LTU) and Regional Tax Office (RTO) will be tasked to utilise third party information before dispatching notices to the wealthy persons for documentatio

Published 22 Mar, 2011 12:00am

Audit of income tax: FBR's internal inspection dept to check authenticity

Audit of income tax: FBR's internal inspection dept to check authenticity

The internal inspection department of the Federal Board of Revenue (FBR) will check the authenticity of audit of taxpayers of income tax under section 177 of the Income Tax Ordinance 2001 to remove any mistake made by the tax officials, while framing asse

Published 22 Mar, 2011 12:00am

Highly irresponsible media

Highly irresponsible media

The first time in the 63-year long history of Pakistan, the "Freedom of Press" is being grossly misused. This time, it is not in danger from the government side, but it is from media men themselves. It is a sad aspect of the issue, because "Freedom of Pre

Published 22 Mar, 2011 12:00am

With mind on Libya, Obama visits slum in Rio de Janeiro

With mind on Libya, Obama visits slum in Rio de Janeiro

US President Barack Obama's first official visit to Brazil may have been overshadowed by the military operation in Libya, but he visited a shantytown in Rio de Janeiro on Sunday. The president's visit to the Cidade de Deus neighbourhood, however, was far

Published 22 Mar, 2011 12:00am

SPOTLIGHT: Hurt, bewildered, let down by everyone, no one in sight to turn to, the nation licks its wounds!

SPOTLIGHT: Hurt, bewildered, let down by everyone, no one in sight to turn to, the nation licks its wounds!

Pakistan's hour of shame!On Wednesday 16 March a friend phoned and asked in a breathless tone: have you heard? I had not. We all have other things to do than watch TV all the time. But I knew whatever it was it must be something about the re

Published 22 Mar, 2011 12:00am

Questionable ordinances, flawed taxation bases

Questionable ordinances, flawed taxation bases

The President finally did what he was avoiding - impose taxes via ordinances although the parliament exists with acclaims to representing the taxpayers; he did so because he sensed that the parliament would not approve of these measures. But, unless the p

Published 22 Mar, 2011 12:00am

An unsavoury hindrance

An unsavoury hindrance

The much-delayed Iran-Pakistan gas pipeline project faces yet another holdup because of a domestic contractual issue. According to a press report, former Petroleum Minister Syed Naveed Qamar had decided to award contract for Front End Engineering Design s

Published 22 Mar, 2011 12:00am

The withering energy sector

The withering energy sector

Problems of the energy sector in Pakistan are becoming more and more complicated and the scenario now unfolding seems to be serious enough to give sleepless nights to the policy makers of the country. According to a report in this newspaper on 19th March,

Published 22 Mar, 2011 12:00am

NICL scam: Rs 1.68 billion recovered, Supreme Court told

NICL scam: Rs 1.68 billion recovered, Supreme Court told

The Federal Investigation Agency (FIA) on Monday informed the Supreme Court that an amount of Rs 1.68 billion had been recovered and challan against the accused had been forwarded to the court of competent jurisdiction.

Published 22 Mar, 2011 12:00am

Indian Punjab traders seek transit route

Indian Punjab traders seek transit route

Indian Punjab traders demanded the government to tie up with Pakistan and make way for a transit route for exporting goods to Central Asia. Suneet Kochar, Chairman of Confederation of Indian Industry (CII) said, "business amongst the two nations is a requ

Published 22 Mar, 2011 12:00am

Drone attacks termed direct threat to Pakistan's sovereignty

Drone attacks termed direct threat to Pakistan's sovereignty

Drone attacks are a direct threat to sovereignty and integrity of Pakistan and must be condemned in each form as it will trigger terrorism in the country. Haq Nawaz Akhter, Deputy Speaker Norway Parliament expressed in 'Meet The Press' programme in the Na

Published 22 Mar, 2011 12:00am

Khyber Pakhtunkhwa: Cabinet approves two bills

Khyber Pakhtunkhwa: Cabinet approves two bills

The provincial Cabinet of Khyber Pakhtunkhwa Monday approved 'Khyber Pakhtunkhwa Zakat and Usher Bill 2011' for running the system of Zakat effectively in the province. After the abolition of the concurrent list, alternative legislation had become inevita

Published 22 Mar, 2011 12:00am

Board to decide fate of SNGPL MD: Supreme Court informed

Board to decide fate of SNGPL MD: Supreme Court informed

The Supreme Court was informed on Monday that the board of directors of Sui Northern Gas Pipelines Limited (SNGPL) will decide whether its incumbent managing-director Abdur Rashid Lone would continue or not as he is sticking to the slot for the last eight

Published 22 Mar, 2011 12:00am

International conference on Fissile Material Treaty begins

International conference on Fissile Material Treaty begins

The three-day international conference on "Fissile Material Treaty: Possibility and Prospects' started here on Monday. The conference being organised by South Asian Strategic Stability Institute (Sassi) aims at intensifying and promoting dialogue between

Published 22 Mar, 2011 12:00am

Allied Bank wins 'Best Retail Bank in Pakistan' award

Allied Bank wins 'Best Retail Bank in Pakistan' award

Allied Bank has been recognised as the "Best Retail Bank in Pakistan." Zia Ijaz, Group Chief, Commercial & Retail Banking Group, Allied Bank, received the award at The International Excellence in Retail Financial Services 2011 Awards ceremony, held in con

Published 22 Mar, 2011 12:00am

President's address to joint sitting: PML-N convenes parliamentary party's meeting

President's address to joint sitting: PML-N convenes parliamentary party's meeting

Pakistan Muslim League-Nawaz (PML-N) has convened its parliamentary party's meeting ahead of the joint session of the Parliament on Tuesday (today), which will be addressed by the President, to chalk out the party's strategy for the session. Sources in PM

Published 22 Mar, 2011 12:00am

Latest research discoveries, findings: scientists urged to focus on enhanced interaction

Latest research discoveries, findings: scientists urged to focus on enhanced interaction

The Vice Chancellor, University of Sindh Prof. Dr Nazir A. Mughal has urged upon the scientists to interact with each other to learn about latest discoveries and findings as it is the society at large that is the ultimate beneficiary. This becomes more si

Published 22 Mar, 2011 12:00am

PTCL introduces PCPM into customer services, facilitation

PTCL introduces PCPM into customer services, facilitation

Pakistan Telecommunication Company Limited (PTCL) gives high priority to customer care and is constantly endeavouring to extend its valued customers with comfort by facilitating them various easy and ubiquitous options for bill payment.

Published 22 Mar, 2011 12:00am

Issuance of OGDCL's bonds: PC invites EoI

Issuance of OGDCL's bonds: PC invites EoI

The Privatisation Commission (PC) has invited Expression of Interest (EoI) for issuance of Oil & Gas Development Company Limited (OGDCL)'s exchangeable bonds by magnetising up to 10 percent of government's shareholding (up to 430,000,000 shares) in OGDCL

Published 22 Mar, 2011 12:00am

Issuance of OGDCL's bonds: PC invites EoI

Issuance of OGDCL's bonds: PC invites EoI

The Privatisation Commission (PC) has invited Expression of Interest (EoI) for issuance of Oil & Gas Development Company Limited (OGDCL)'s exchangeable bonds by magnetising up to 10 percent of government's shareholding (up to 430,000,000 shares) in OGDCL

Published 22 Mar, 2011 12:00am

Speakers say Pakistan unlikely to achieve MDGs by 2015

Speakers say Pakistan unlikely to achieve MDGs by 2015

The question whether Pakistan is a security or welfare state haunted a conference's participants: politicians, intelligentsia and civil society, on Monday while tracing progress on the decade old commitment to sustainable human development, as they agreed

Published 22 Mar, 2011 12:00am

Incomplete repair work on dykes may delay paddy sowing

Incomplete repair work on dykes may delay paddy sowing

The repair works on dykes and bunds damaged during last year's floods in Muzaffargarh, Rajanpur, Dera Ghazi Khan and Rahim Yar Khan may not be completed before paddy and Kharif sowing season. The farming community is worried because sowing season is aroun

Published 22 Mar, 2011 12:00am

Energy shortage: 'effective management could minimise negative impact'

Energy shortage: 'effective management could minimise negative impact'

Negative impacts of energy shortage could be minimised with effective management of available resources, said Rana Mushtaq Ahmed, Chairman Load Management Committee of Faisalabad Electric Supply Company (Fesco) while addressing load management review meet

Published 22 Mar, 2011 12:00am

'Pakistani society needs new social contract'

'Pakistani society needs new social contract'

Pakistani society needs new social contract, which is urgently needed to improve the situation in this country. The previous social contract was built around the security of the state: citizens were made to surrender liberty to preserve the integrity and

Published 22 Mar, 2011 12:00am

Traders condemn levying of taxes through three Ordinances

Traders condemn levying of taxes through three Ordinances

In a bid to condemn the recent levying of taxes through three Presidential Ordinances, Faisalabad Yarn and Grey Cloth Markets were remained closed and no business was conducted, here Monday, while the strike of textile sizing industries remained closed on

Published 22 Mar, 2011 12:00am

Thesis published on judicial activism

Thesis published on judicial activism

University of Punjab, Law Colleges, Assistant Professor, Dr Aman Ullah Malik's thesis on "Judicial Activism and Human Rights In Pakistan and India: Right to Life" which has now been published in Germany. Vice-Chancellor, Professor Dr Mujahid Kamran has co

Published 22 Mar, 2011 12:00am

Power shortfall touches 3,000 megawatts

Power shortfall touches 3,000 megawatts

Power shortfall has jumped to 3,000MW with rise in mercury across the country and short supply of gas to the thermal power units of Pakistan Electric Power Company (Pepco). A gloomy picture is appearing on scene regarding and power outages duration across

Published 22 Mar, 2011 12:00am

Diyat money paid by government challenged

Diyat money paid by government challenged

A member bar Rana Ilamud Din Ghazi has challenged the payment of Diyat Money by the Government of Pakistan. Gazi also beseeched to the court to ascertain the responsibility, who avoided inclusion of Anti Terrorism Act and for charges of spying against the

Published 22 Mar, 2011 12:00am

The Weather

The Weather

The weather report on Monday (March 21, 2011) and the forecast for Tuesday (March 22, 2011).

Published 22 Mar, 2011 12:00am

Whereabouts of Fahim's and Faizan's families: report sought from CCPO

Whereabouts of Fahim's and Faizan's families: report sought from CCPO

The Lahore High Court (LHC) here on Monday sought report from Capital City Police Officer (CCPO) about the families of Fahim and Faizan, killed by Raymond. The court directed the CCPO Aslam Tareen to appear in person before the court on Tuesday along with

Published 22 Mar, 2011 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Pilferage of water: officers directed to make foolproof arrangements

Pilferage of water: officers directed to make foolproof arrangements

Minister for Agriculture, Malik Ahmad Ali Aulakh has directed officers of the Irrigation Department to make foolproof arrangements in order to stop pilferage of water. The minister chaired a high level meeting at the Irrigation Department, here on Monday.

Published 22 Mar, 2011 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

16th GCU All Pakistan Parliamentary Debates end

16th GCU All Pakistan Parliamentary Debates end

The five-day 16th GCU All Pakistan Parliamentary Debates, hosted by the Government College University Debating Society on Monday ended with the victory of University College Lahore in Urdu Debates while Lahore School of Economics won the Professor Dr Khal

Published 22 Mar, 2011 12:00am

LME official plastics prices

LME official plastics prices

The following were Friday official prices.

Published 22 Mar, 2011 12:00am

Foreign policy shift: 'high-time for Pakistan to look towards China'

Foreign policy shift: 'high-time for Pakistan to look towards China'

Jamaat-i-Islami Secretary General, Liaquat Baloch has said that the US friendship is proving very costly for Pakistan and it is high time for Islamabad to be closer to China. Talking to different delegations at Mansoora on Monday, he said that the JI woul

Published 22 Mar, 2011 12:00am

LME official plastics prices

LME official plastics prices

The following were Friday official prices.

Published 22 Mar, 2011 12:00am

Multan markets: exorbitant fruit, vegetable prices irk consumers

Multan markets: exorbitant fruit, vegetable prices irk consumers

Fruit and vegetable prices continue spiralling in Multan's markets, compelling masses to reduce intake of fruits. Though the authorities have claimed of controlling the prices, shopkeepers and stall-holders are seen charging rates on their own will.

Published 22 Mar, 2011 12:00am

LME official prices

LME official prices

The following were Friday official prices.

Published 22 Mar, 2011 12:00am

UHS workshop on 'biological data' today

UHS workshop on 'biological data' today

The University of Health Sciences (UHS) is organising a four-day workshop on "Biological Data Analysis, with hands-on training on statistical software, from March 22 to 25. The workshop is being organised in collaboration with Higher Education Commission.

Published 22 Mar, 2011 12:00am

LME official prices

LME official prices

The following were Friday official prices.

Published 22 Mar, 2011 12:00am

Two hurt in blast at police chowki

Two hurt in blast at police chowki

Two persons including a policeman were injured in a bomb blast at police chowki, Rail Bazar, here on Monday early hours. According to police sources, the blast occurred when explosive material planted with the boundary wall of police chowki, exploded. Res

Published 22 Mar, 2011 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

NHM Police Commandos to patrol crime-infested area

NHM Police Commandos to patrol crime-infested area

National Highway and Motorway Police Elite Commandos will patrol on crime infested area to check the criminal activities on national highways & motorways said Dr Wasim Kausar Inspector General National Highway and Motorway Police while chairing a crime me

Published 22 Mar, 2011 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

PML-N: set to attend joint sitting of parliament

PML-N: set to attend joint sitting of parliament

The country's main opposition party-Pakistan Muslim League-Nawaz has decided to show political maturity by participating in joint sitting of the parliament on Tuesday (today) but it will raise strong protest on inapt policies of the PPP-led coalition gove

Published 22 Mar, 2011 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

'PCS association's strike call fails to meet success'

'PCS association's strike call fails to meet success'

The strike called by PCS Association on Monday completely flopped as PCS officers disassociated with the strike and performed their officials responsibilities as per routine. A Punjab government spokesman said that official work in Civil Secretariat and i

Published 22 Mar, 2011 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

YDA strike continues despite government assurance of pay increase

YDA strike continues despite government assurance of pay increase

Hundreds of young doctors working in the government hospitals across the Punjab continued their three week long strike on Monday despite government's assurance to raise their salaries from July 2010. A Health Department spokesman told Business Recorder

Published 22 Mar, 2011 12:00am

Yarn Prices
Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Punjab assembly session: Opposition demands open debate on Davis's release

Opposition in Punjab Assembly has demanded open debate on Raymond Davis release while stressing the point that the Punjab Government has played due role in letting Raymond walk free. Besides Raymond Davis, strike by the PCS officers dominated the proceedi
Published 22 Mar, 2011 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

ANP leader among four fall prey to targeted killings

As many as four people including advisor to provincial labour minister and a Muttahida Qaumi Movement (MQM) activist fell prey to the ongoing wave of targeted killings in the city here on Monday. According to details, Hanif Khan Advocate, general secretar
Published 22 Mar, 2011 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Repatriation of Pakistanis: government sent seven jumbos to Libya

Pakistani Ambassador to Libya Ali Javed said that the government has sent seven jumbo aircraft for repatriation of Pakistanis from Libya and each flight has a capacity of about 460 seats. Talking to VOA, he highlighted the steps taken for safe repatriatio
Published 22 Mar, 2011 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Joint sitting of parliament: Speaker issues Kazmi's production order

Speaker National Assembly, Dr Fahmida Mirza, on Monday issued production order of former Religious Affairs' Minister Hamid Saeed Kazmi to attend the joint session of the Parliament, which would be addressed by the president on Tuesday (today). Hamid Saeed
Published 22 Mar, 2011 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Rs 10 billion commitment not honoured: PSO lodges protest with Pepco

The cash-strapped Pakistan State Oil (PSO) with receivables accumulated to Rs 153.5 billion has lodged a strong protest with Pakistan Electric Power Company (Pepco) over its failure to fulfil commitment of releasing Rs 10 billion in March 2011.
Published 22 Mar, 2011 12:00am

Grain market rates

Karachi grain market rates in rupees on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Believe it or not KESC consumers pay two different bills for a month

Believe it or not but it is a fact that Karachi Electric Supply Company consumers of Gulistan-e-Johar have to pay two different bills in a month on the pretext that KESC is streamlining its system. The Karachi Electric Supply Company (KESC) issued a bill
Published 22 Mar, 2011 12:00am

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

PPSC, police department asked to allow in-service constables to sit in ASIs exams

The Lahore High Court (LHC) here on Monday directed Punjab Public Service Commission (PPSC) and police department to allow in-service police constables to appear in examination being held to fill vacancies of Assistant Sub-Inspectors (ASIs) in Punjab. The
Published 22 Mar, 2011 12:00am

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

President address: JUI-F still undecided about Parliament's joint-sitting strategy

Jamiat Ulema-e-Islam-Fazal (JUI-F) on Monday remained undecided to come with clear stance regarding the joint sitting of the Parliament to be addressed by the President Asif Ali Zardari on Tuesday. The party's parliamentary party met here with JUI-F's chi
Published 22 Mar, 2011 12:00am

Rates of spices and other allied commodities

Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Additional wheat stocks exports: provinces, Passco begin to sign agreement

The provinces and Pakistan Agriculture Storage and Services Corporation (PASSCO) who have been holding Rs 195.740 billion wheat stocks started signing agreement for export of additional stocks, it was leant. Sources said Rs 195.740 billion stuck up on acc
Published 22 Mar, 2011 12:00am

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Nisar rejects Deedar's name for NAB chairman slot

Leader of the Opposition in National Assembly Chaudhry Nisar Ali Khan, while rejecting the proposed appointment of Deedar Hussain Shah, a former judge, as chairman National Accountability Bureau (NAB), has proposed formation of a panel of appropriate cand
Published 22 Mar, 2011 12:00am

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Lowest income group: weekly inflation increases by 0.08 percent

The Sensitive Price Indicator (SPI), for the week ended on March, 17 for the lowest income group up to Rs 3,000, has registered increase of 0.08 percent over the previous week. The SPI for the week under review in the above mentioned group was recorded at
Published 22 Mar, 2011 12:00am

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Safma to hold talks with Indian peace team

South Asian Free Media Association (Safma) would hold an interactive dialogue with Indian peace delegation currently visiting Pakistan on Tuesday at 4pm at Safma media centre. The peace delegation is headed by Kuldip Nayyar, veteran Indian journalist and
Published 22 Mar, 2011 12:00am

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Moonis granted three-day remand

Earlier, counsel of FIA requested for seven days remand but court after keeping its verdict in reserved for a while announced three days remand. Moonis was produced in strict security measures while his supporters, PML workers were present in the court pr
Published 22 Mar, 2011 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Terror suspects seek to clear names in US

As the US ramps up efforts to root out home-grown terrorism, hundreds of people who have fallen under suspicion are in a state of limbo: Many say they have been singled out unfairly for scrutiny but have been neither charged nor cleared.
Published 22 Mar, 2011 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 12TH MARCH, 2011.

Published 22 Mar, 2011 12:00am

Punjab province: average wheat crop output only one-third of its potential

Average production of wheat crop in Punjab province is only one third of its potential. The peracre yield can be doubled within few years by re-establishing linkages between agricultural education, research and extension activities.
Published 22 Mar, 2011 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 12TH MARCH, 2011.

Published 22 Mar, 2011 12:00am

Child rights: first online channel of Pakistan launched

The Child Rights Legal Centre (CRLC) has launched its first ever online TV on Child Rights "childrights.tv", produced by the Centre for Creative Media. The first-ever TV channel will provide viewers exclusive access to selected quality productions as well
Published 22 Mar, 2011 12:00am

Pakistan Economic Indicators

Pakistan Economic Indicators - March 21, 2011

Published 22 Mar, 2011 12:00am

'Saarc region highly vulnerable to hydro meteorological disasters'

Speakers at a seminar here on Monday warned that highly populated South Asian Association for Regional Co-operation (Saarc) region is vulnerable to the extreme hydro meteorological disasters like flash floods, monsoon flooding, tropical cyclones and storm
Published 22 Mar, 2011 12:00am

Weekly statement of position of all scheduled banks

Weekly statement of position of all scheduled banks as at the close of business on March 11, 2011.

Published 22 Mar, 2011 12:00am

AI flays India for human rights abuses in IHK: repeal of PSA demanded

The Amnesty International (AI) has castigated India for gross human rights violations in occupied Kashmir by its troops and urged the Indian government to revoke draconian law, Public Safety Act (PSA), in the territory.
Published 22 Mar, 2011 12:00am

Weekly statement of position of all scheduled banks

Weekly statement of position of all scheduled banks as at the close of business on March 11, 2011.

Published 22 Mar, 2011 12:00am

Gunmen kill 11 road workers in Gwadar

Gunmen on motorbikes shot dead 11 road construction workers on Monday in Gwadar before escaping, officials said. The incident took place in Palari area of Gwadar district. "At least eight gunmen riding four motorcycles opened fire on 50 road construction
Published 22 Mar, 2011 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Gunmen kill 11 road workers in Gwadar

Gunmen on motorbikes shot dead 11 road construction workers on Monday in Gwadar before escaping, officials said. The incident took place in Palari area of Gwadar district. "At least eight gunmen riding four motorcycles opened fire on 50 road construction
Published 22 Mar, 2011 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 21, 2011).

Published 22 Mar, 2011 12:00am

Deal with Sabic: 31,000 tons of urea arrives at Gwadar

The first shipment of 31,000 tons urea, imported by TCP under $100 million credit grant of Saudi Fund for Development, arrived at Gwadar on Monday.
Published 22 Mar, 2011 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / Nov 12

278

USD PKR Interbank Buying / Nov 12

277.75

USD to Japanese Yen / Nov 12

153.83

USD to Swiss Franc / Nov 12

0.88

Pound Sterling to USD / Nov 12

1.28

Euro to USD / Nov 12

1.06

Stock Volume

S&P 500 / Nov 11

6,001.35

Nasdaq / Nov 11

19,298.77

Dow Jones / Nov 11

44,293.13

India Sensex / Nov 12

78,930.71

Tokyo Nikkei / Nov 12

39,376.09

Hang Seng / Nov 12

19,825.28

FTSE 100 / Nov 12

8,078.78

Germany DAX 30 / Nov 12

19,259.41

Item Value

Crude Oil USD/Barrel / Nov 12

68.03

Karachi Cotton PKR/37.32 KG / Nov 12

18,085

Gold 10 Grams PKR / Nov 12

231,911

Gold Spot USD/Ounce / Nov 12

2,600.75

Cotton US¢/pound / Nov 12

72.18

Petrol/Litre / Nov 13

248.38

Gainers
Losers
Leaders

Stock Price

786 Invest Ltd / Nov 13

786 Investments Limited(786)

6.11

▼ 0.00 (0.00%)

AL-Abbas Sugar / Nov 13

Al-Abbas Sugar Mills Limited(AABS)

600

▼ 0.00 (0.00%)

Agro Allianz / Nov 13

Agro Allianz Limited(AAL)

16

▼ 0.00 (0.00%)

AL-Abid Silk / Nov 13

Al-Abid Silk Mills Limited(AASM)

3.49

▼ 0.00 (0.00%)

Ali Asghar / Nov 13

Ali Asghar Textile Mills Limited(AATM)

66.54

▼ 0.00 (0.00%)

Allied Bank / Nov 13

Allied Bank Limited(ABL)

116.05

▼ 0.00 (0.00%)

Abbott Lab. / Nov 13

Abbott Laboratories (Pakistan) Limited(ABOT)

984.72

▼ 0.00 (0.00%)

Abson Ind. / Nov 13

Abson Industries Limited(ABSON)

2.50

▼ 0.00 (0.00%)

Alfalah ETF. / Nov 13

Alfalah Consumer Index ETF.(ACIETF)

12.03

▼ 0.00 (0.00%)

Stock Price

786 Invest Ltd / Nov 13

786 Investments Limited(786)

6.11

▲ 0.00 (0.00%)

AL-Abbas Sugar / Nov 13

Al-Abbas Sugar Mills Limited(AABS)

600

▲ 0.00 (0.00%)

Agro Allianz / Nov 13

Agro Allianz Limited(AAL)

16

▲ 0.00 (0.00%)

AL-Abid Silk / Nov 13

Al-Abid Silk Mills Limited(AASM)

3.49

▲ 0.00 (0.00%)

Ali Asghar / Nov 13

Ali Asghar Textile Mills Limited(AATM)

66.54

▲ 0.00 (0.00%)

Allied Bank / Nov 13

Allied Bank Limited(ABL)

116.05

▲ 0.00 (0.00%)

Abbott Lab. / Nov 13

Abbott Laboratories (Pakistan) Limited(ABOT)

984.72

▲ 0.00 (0.00%)

Abson Ind. / Nov 13

Abson Industries Limited(ABSON)

2.50

▲ 0.00 (0.00%)

Alfalah ETF. / Nov 13

Alfalah Consumer Index ETF.(ACIETF)

12.03

▲ 0.00 (0.00%)

Stock Volume

Cnergyico PK / Nov 13

Cnergyico PK Limited(CNERGY)

98,601,408

▲ 0.00

Pak Elektron / Nov 13

Pak Elektron Limited(PAEL)

78,094,188

▲ 0.00

K-Electric Ltd. / Nov 13

K-Electric Limited(KEL)

70,187,495

▲ 0.00

WorldCall Telecom / Nov 13

Worldcall Telecom Limited(WTL)

31,959,599

▲ 0.00

B.O.Punjab / Nov 13

The Bank of Punjab(BOP)

30,732,112

▲ 0.00

The Searle Co. / Nov 13

The Searle Company Limited(SEARL)

25,361,739

▲ 0.00

Citi Pharma Ltd / Nov 13

Citi Pharma Ltd.(CPHL)

22,856,315

▲ 0.00

Sui South Gas / Nov 13

Sui Southern Gas Company Limited(SSGC)

22,691,678

▲ 0.00

Pak Refinery / Nov 13

Pakistan Refinery Limited(PRL)

16,427,996

▲ 0.00

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