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Print - 2011-04-01
LHC moved to order probe into Mohali match

LHC moved to order probe into Mohali match

A citizen has approached the Lahore High Court praying to the court to order an inquiry into a 'conspiracy' hatched about the cricket match between India and Pakistan. The petitioner, Muhammad Irfan Mukhtar, through his counsel Azhar Siddique, contended t
Published 01 Apr, 2011 12:00am
PaCCS, FBR appear involved in 'love-hate' relationship

PaCCS, FBR appear involved in 'love-hate' relationship

Agility, the owner of Pakistan Automated Customs Computerised System (PaCCS) and Federal Board of Revenue (FBR) appear involved in an un-ending 'Love-hate' relationship over the use of PaCCS by Pakistan customs. On March 15 Agility had indicated that it w
Published 01 Apr, 2011 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (March 31, 2011).

Published 01 Apr, 2011 12:00am
PaCCS, FBR appear involved in ''love-hate'' relationship

PaCCS, FBR appear involved in ''love-hate'' relationship

Agility, the owner of Pakistan Automated Customs Computerised System (PaCCS) and Federal Board of Revenue (FBR) appear involved in an un-ending ''Love-hate'' relationship over the use of PaCCS by Pakistan customs. On March 15 Agility had indicated that it
Published 01 Apr, 2011 12:00am
Out of the box solutions needed: Zardari's plea to economists

Out of the box solutions needed: Zardari's plea to economists

President Asif Ali Zardari on Thursday called upon the economists of the country to come up with out of the box solutions to the economic problems of the country and make concrete recommendations on how to address some of the most critical issues facing t
Published 01 Apr, 2011 12:00am
Out of the box solutions needed: Zardari's plea to economists

Out of the box solutions needed: Zardari's plea to economists

President Asif Ali Zardari on Thursday called upon the economists of the country to come up with out of the box solutions to the economic problems of the country and make concrete recommendations on how to address some of the most critical issues facing t
Published 01 Apr, 2011 12:00am
Out of the box solutions needed: Zardari''s plea to economists

Out of the box solutions needed: Zardari''s plea to economists

President Asif Ali Zardari on Thursday called upon the economists of the country to come up with out of the box solutions to the economic problems of the country and make concrete recommendations on how to address some of the most critical issues facing t
Published 01 Apr, 2011 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (March 31, 2011).

Published 01 Apr, 2011 12:00am
MoP asks OGDCL to scrap KPD project

MoP asks OGDCL to scrap KPD project

Ministry of Petroleum (MoP) is pressurising Oil and Gas Development Company Limited (OGDCL) to scrap a multimillion dollar Kunnar Pasakhi Deep Project (KPD) project by unbundling it from Tando AllahYar development project, Business Recorder has lea
Published 01 Apr, 2011 12:00am
MoP asks OGDCL to scrap KPD project

MoP asks OGDCL to scrap KPD project

Ministry of Petroleum (MoP) is pressurising Oil and Gas Development Company Limited (OGDCL) to scrap a multimillion dollar Kunnar Pasakhi Deep Project (KPD) project by unbundling it from Tando AllahYar development project, Business Recorder has lea
Published 01 Apr, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (March 31, 2011).
Published 01 Apr, 2011 12:00am
MoP asks OGDCL to scrap KPD project

MoP asks OGDCL to scrap KPD project

Ministry of Petroleum (MoP) is pressurising Oil and Gas Development Company Limited (OGDCL) to scrap a multimillion dollar Kunnar Pasakhi Deep Project (KPD) project by unbundling it from Tando AllahYar development project, Business Recorder has lea
Published 01 Apr, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (March 31, 2011).

Published 01 Apr, 2011 12:00am
Index makes fractional gain

Index makes fractional gain

Profit taking in late hours on Thursday minimised the intra-day gains and the KSE-100 index closed at 11,809.54 points with a fractional gain of only 0.93 points. The market opened on a positive note and the index hit 11,887.29 points, up 78.68 points on
Published 01 Apr, 2011 12:00am
Index makes fractional gain

Index makes fractional gain

Profit taking in late hours on Thursday minimised the intra-day gains and the KSE-100 index closed at 11,809.54 points with a fractional gain of only 0.93 points. The market opened on a positive note and the index hit 11,887.29 points, up 78.68 points on
Published 01 Apr, 2011 12:00am
Index makes fractional gain

Index makes fractional gain

Profit taking in late hours on Thursday minimised the intra-day gains and the KSE-100 index closed at 11,809.54 points with a fractional gain of only 0.93 points. The market opened on a positive note and the index hit 11,887.29 points, up 78.68 points on
Published 01 Apr, 2011 12:00am
BRIndex30 down one points

BRIndex30 down one points

On Thursday, BRIndex30 opened at 8,855.19 points. It touched an intraday high of 8,917.50 points and an intraday low of 8,844.42 points and closed at 8,854.19 points, which was -1 points or -0.01 percent lower than previous close. Total volume was 42,584,
Published 01 Apr, 2011 12:00am
BRIndex30 down one points

BRIndex30 down one points

On Thursday, BRIndex30 opened at 8,855.19 points. It touched an intraday high of 8,917.50 points and an intraday low of 8,844.42 points and closed at 8,854.19 points, which was -1 points or -0.01 percent lower than previous close. Total volume was 42,584,
Published 01 Apr, 2011 12:00am
Qadhafi not close to breaking point: US

Qadhafi not close to breaking point: US

Libyan leader Muammar Qadhafi is not close to a military breaking point despite nearly two weeks of coalition strikes that have degraded his fighting power, the top US military officer told Congress on Thursday. The comments by Admiral Mike Mullen, chairm
Published 01 Apr, 2011 12:00am
Qadhafi not close to breaking point: US

Qadhafi not close to breaking point: US

Libyan leader Muammar Qadhafi is not close to a military breaking point despite nearly two weeks of coalition strikes that have degraded his fighting power, the top US military officer told Congress on Thursday. The comments by Admiral Mike Mullen, chairm
Published 01 Apr, 2011 12:00am
Divided US lawmakers seek votes on Libya

Divided US lawmakers seek votes on Libya

US lawmakers divided over military strikes in Libya were calling Thursday for formal congressional votes authorising - or denouncing - President Barack Obama's use of force against Moamer Kadhafi. Republican Senator Marco Rubio, widely seen as a possible
Published 01 Apr, 2011 12:00am
Divided US lawmakers seek votes on Libya

Divided US lawmakers seek votes on Libya

US lawmakers divided over military strikes in Libya were calling Thursday for formal congressional votes authorising - or denouncing - President Barack Obama's use of force against Moamer Kadhafi. Republican Senator Marco Rubio, widely seen as a possible
Published 01 Apr, 2011 12:00am
Britain says no immunity offered to Libyan minister

Britain says no immunity offered to Libyan minister

Libya's foreign minister has not been offered immunity following his unexpected arrival in Britain, London said Thursday, while urging other members of Moamer Kadhafi's "crumbling" regime to quit. Mussa Kussa, a former head of Libyan intelligence and one-
Published 01 Apr, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (March 31, 2011).

Published 01 Apr, 2011 12:00am
Britain says no immunity offered to Libyan minister

Britain says no immunity offered to Libyan minister

Libya's foreign minister has not been offered immunity following his unexpected arrival in Britain, London said Thursday, while urging other members of Moamer Kadhafi's "crumbling" regime to quit. Mussa Kussa, a former head of Libyan intelligence and one-
Published 01 Apr, 2011 12:00am
France, US call for flexible exchange rates at G20

France, US call for flexible exchange rates at G20

French President Nicolas Sarkozy and US Treasury Secretary Timothy Geithner on Thursday called for more flexible exchange rate regimes as G20 nations met on global monetary reform in China. The pair, speaking at the start of a day of talks in the eastern
Published 01 Apr, 2011 12:00am
France, US call for flexible exchange rates at G20

France, US call for flexible exchange rates at G20

French President Nicolas Sarkozy and US Treasury Secretary Timothy Geithner on Thursday called for more flexible exchange rate regimes as G20 nations met on global monetary reform in China. The pair, speaking at the start of a day of talks in the eastern
Published 01 Apr, 2011 12:00am
France, US call for flexible exchange rates at G20

France, US call for flexible exchange rates at G20

French President Nicolas Sarkozy and US Treasury Secretary Timothy Geithner on Thursday called for more flexible exchange rate regimes as G20 nations met on global monetary reform in China. The pair, speaking at the start of a day of talks in the eastern
Published 01 Apr, 2011 12:00am
Oil prices raised up to 13 percent

Oil prices raised up to 13 percent

The government on Thursday increased oil prices up to 13 percent in line with global oil prices effective today (Friday). The price of High Speed Diesel (HSD) has been increased by Rs 10.67 per litre, petrol Rs 6.98 per litre, HOBC Rs 7.16 per litre keros
Published 01 Apr, 2011 12:00am
Oil prices raised up to 13 percent

Oil prices raised up to 13 percent

The government on Thursday increased oil prices up to 13 percent in line with global oil prices effective today (Friday). The price of High Speed Diesel (HSD) has been increased by Rs 10.67 per litre, petrol Rs 6.98 per litre, HOBC Rs 7.16 per litre keros
Published 01 Apr, 2011 12:00am
Oil prices raised up to 13 percent

Oil prices raised up to 13 percent

The government on Thursday increased oil prices up to 13 percent in line with global oil prices effective today (Friday). The price of High Speed Diesel (HSD) has been increased by Rs 10.67 per litre, petrol Rs 6.98 per litre, HOBC Rs 7.16 per litre keros
Published 01 Apr, 2011 12:00am
Larger bench to hear important cases on April 11

Larger bench to hear important cases on April 11

Chief Justice Iftikhar Muhammad Chaudhry on Thursday constituted a 17-member larger bench to hear on April 11 important cases such as NRO review petitions and the case challenging various amendments to the constitution through 18th Amendment.
Published 01 Apr, 2011 12:00am
Mixed sentiments prevail on LSE

Mixed sentiments prevail on LSE

Mixed sentiments prevailed on the Lahore Stock Exchange (LSE) on Thursday where equities moved both the ways and finally ended in negative zone amid marginally increased trading turnover. The LSE-25 moved up by 4.16 points to close at 3342.56 against 3338
Published 01 Apr, 2011 12:00am
Mixed sentiments prevail on LSE

Mixed sentiments prevail on LSE

Mixed sentiments prevailed on the Lahore Stock Exchange (LSE) on Thursday where equities moved both the ways and finally ended in negative zone amid marginally increased trading turnover. The LSE-25 moved up by 4.16 points to close at 3342.56 against 3338
Published 01 Apr, 2011 12:00am
Government urged to procure sugar through TCP, USC

Government urged to procure sugar through TCP, USC

The Ministry of Industries and Production (MoI&P) is urging the government to procure sugar from local mills through Utility Stores Corporation (USC) and Trading Corporation of Pakistan (TCP) to build strategic reserves, well-informed sources told Busi
Published 01 Apr, 2011 12:00am
India's population hits 1.2 billion, set to overtake China

India's population hits 1.2 billion, set to overtake China

India's population has grown 181 million over the past decade to 1.21 billion, officials said Thursday, confirming projections that put it on track to become the world's most populous country. Registrar General and Census Commissioner C Chandramouli said
Published 01 Apr, 2011 12:00am
India's population hits 1.2 billion, set to overtake China

India's population hits 1.2 billion, set to overtake China

India's population has grown 181 million over the past decade to 1.21 billion, officials said Thursday, confirming projections that put it on track to become the world's most populous country. Registrar General and Census Commissioner C Chandramouli said
Published 01 Apr, 2011 12:00am
Five zero-rated export sectors: FBR to issue revised SRO today

Five zero-rated export sectors: FBR to issue revised SRO today

The Federal Board of Revenue (FBR) will issue revised Statutory Regulatory Order (SRO) for five leading zero-rated export sectors here on Friday (today) with no facility of sales tax refund or input tax adjustment or refund to units liable to pay 4 per ce
Published 01 Apr, 2011 12:00am
Five zero-rated export sectors: FBR to issue revised SRO today

Five zero-rated export sectors: FBR to issue revised SRO today

The Federal Board of Revenue (FBR) will issue revised Statutory Regulatory Order (SRO) for five leading zero-rated export sectors here on Friday (today) with no facility of sales tax refund or input tax adjustment or refund to units liable to pay 4 per ce
Published 01 Apr, 2011 12:00am
Five zero-rated export sectors: FBR to issue revised SRO today

Five zero-rated export sectors: FBR to issue revised SRO today

The Federal Board of Revenue (FBR) will issue revised Statutory Regulatory Order (SRO) for five leading zero-rated export sectors here on Friday (today) with no facility of sales tax refund or input tax adjustment or refund to units liable to pay 4 per ce
Published 01 Apr, 2011 12:00am
Minfa to reopen case of wheat import scam

Minfa to reopen case of wheat import scam

Ministry of Food and Agriculture would reopen the case pertaining to wheat imported from USA at a higher rate, inflicting a $1.056 million loss on national exchequer. Director General Federal Audit said that audit department efficiently brought the case t
Published 01 Apr, 2011 12:00am
Minfa to reopen case of wheat import scam

Minfa to reopen case of wheat import scam

Ministry of Food and Agriculture would reopen the case pertaining to wheat imported from USA at a higher rate, inflicting a $1.056 million loss on national exchequer. Director General Federal Audit said that audit department efficiently brought the case t
Published 01 Apr, 2011 12:00am
Minfa to reopen case of wheat import scam

Minfa to reopen case of wheat import scam

Ministry of Food and Agriculture would reopen the case pertaining to wheat imported from USA at a higher rate, inflicting a $1.056 million loss on national exchequer. Director General Federal Audit said that audit department efficiently brought the case t
Published 01 Apr, 2011 12:00am
Malik among three convicts pardoned by Zardari, Musharraf

Malik among three convicts pardoned by Zardari, Musharraf

Interior Minister Rehman Malik is one of the three convicts, who were granted pardon by President Asif Ali Zardari and General Pervez Musharraf (Retd). This was stated in replies submitted to the Senate. Rehman Malik on Thursday updated the House regardin
Published 01 Apr, 2011 12:00am
Malik among three convicts pardoned by Zardari, Musharraf

Malik among three convicts pardoned by Zardari, Musharraf

Interior Minister Rehman Malik is one of the three convicts, who were granted pardon by President Asif Ali Zardari and General Pervez Musharraf (Retd). This was stated in replies submitted to the Senate. Rehman Malik on Thursday updated the House regardin
Published 01 Apr, 2011 12:00am
Extortion in Karachi: President takes notice of reports

Extortion in Karachi: President takes notice of reports

President Asif Ali Zardari taking notice of the reports on extortion in Karachi has directed Interior Minister Rehman Malik to take measures against this menace in co-ordination with the provincial government. The president also directed for the submissio
Published 01 Apr, 2011 12:00am
Extortion in Karachi: President takes notice of reports

Extortion in Karachi: President takes notice of reports

President Asif Ali Zardari taking notice of the reports on extortion in Karachi has directed Interior Minister Rehman Malik to take measures against this menace in co-ordination with the provincial government. The president also directed for the submissio
Published 01 Apr, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (March 31, 2011).

Published 01 Apr, 2011 12:00am
63rd AGM of MCB Bank held

63rd AGM of MCB Bank held

The 63d Annual General Meeting of the shareholders of MCB Bank Limited under the chairmanship of Aftab Ahmad Khan was held on Thursday at local hotel to transact the ordinary and special business of the Bank. The chairman informed the members that MCB com
Published 01 Apr, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (March 31, 2011).

Published 01 Apr, 2011 12:00am
63rd AGM of MCB Bank held

63rd AGM of MCB Bank held

The 63d Annual General Meeting of the shareholders of MCB Bank Limited under the chairmanship of Aftab Ahmad Khan was held on Thursday at local hotel to transact the ordinary and special business of the Bank. The chairman informed the members that MCB com
Published 01 Apr, 2011 12:00am
Minfa department violated rules in fertiliser procurement

Minfa department violated rules in fertiliser procurement

Fertiliser Import Department (FID), a subsidiary of Ministry of Food and Agriculture, has been accused of violating fertiliser procurement guidelines in relation to a fertiliser deal. Ministry of Food and Agriculture will hold a fresh inquiry to fix the r
Published 01 Apr, 2011 12:00am
19th AGM of Soneri Bank held

19th AGM of Soneri Bank held

The annual accounts of the Bank for the year ended December 31, 2010 were approved by the shareholders at the 19th A.G.M. held here on Wednesday. The meeting was chaired by Alauddin Feerasta. Soneri Bank Limited commenced operations in 1992 with a Paid-up
Published 01 Apr, 2011 12:00am
19th AGM of Soneri Bank held

19th AGM of Soneri Bank held

The annual accounts of the Bank for the year ended December 31, 2010 were approved by the shareholders at the 19th A.G.M. held here on Wednesday. The meeting was chaired by Alauddin Feerasta. Soneri Bank Limited commenced operations in 1992 with a Paid-up
Published 01 Apr, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (March 31, 2011).

Published 01 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 31, 2011).

Published 01 Apr, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (March 31, 2011) and for Friday (April 01, 2011).
Published 01 Apr, 2011 12:00am