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Apr 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-04-15
OGB, PCE to hold two-day International Conference

OGB, PCE to hold two-day International Conference

Oxfam GB (OGB) in collaboration with Pakistan Coalition for Education (PCE) will hold two-day International Conference on "Empowerment through Girls' Education in contemporary Muslim Societies" aimed at providing a strategic consultative platform to delib
Published 15 Apr, 2011 12:00am
HIV positive children: specialised paediatric centre set up

HIV positive children: specialised paediatric centre set up

An independent specialised paediatric center has been established here at Services Hospital for the treatment of HIV positive children under national AIDS Control Programme. It is the first treatment center for the HIV positive children in the country, a
Published 15 Apr, 2011 12:00am
IMF's letter of discomfort!

IMF's letter of discomfort!

The latest statement issued by the International Monetary Fund (IMF) can easily be construed as a "Letter of Discomfort (LOD)" in marked contrast to the Letter of Comfort (LOC) that was actively being sought by the country's economic team led by Dr Hafeez
Published 15 Apr, 2011 12:00am
Munter's mantra

Munter's mantra

The US Ambassador, Cameron Munter, has called for "renewal" of relationship his country has with Pakistan, which of late has run into rough waters. "America and Pakistan need to work together on common issues, and we have many. I want to say ...it remains
Published 15 Apr, 2011 12:00am
How to bridge huge tax gaps?

How to bridge huge tax gaps?

A country's tax gap is measured by the amount of tax that remains uncollected due to non-compliance with tax laws. 'Pakistan Tax Gaps: Estimates by Tax Calculation and Methodology', a joint study of Federal Board of Revenue (FBR), Andrew Young School of P
Published 15 Apr, 2011 12:00am
Malaysia struggles to stem brain drain

Malaysia struggles to stem brain drain

Despite leaving behind the comforts of family, friends and his favourite Malaysian cuisine, Edward Leong believes his decision to uproot his family to New Zealand 12 years ago was one of the best he has ever made. "If initially, we had doubts, once we act
Published 15 Apr, 2011 12:00am
'Bagelwurst': Finding a name for new German-US stock market

'Bagelwurst': Finding a name for new German-US stock market

Deutsche Boerse and the New York Stock Exchange - the largest stock markets in the world - have finally settled on divvying up the relationship, settling their finances and even coming to terms on who the top honcho should be. Only one problem remains: th
Published 15 Apr, 2011 12:00am
ZAB case: handle with care

ZAB case: handle with care

After the dramatic resignation of Babar Awan as law minister to plead reference of Shaheed Zulfikar Ali Bhutto (ZAB) before the Supreme Court has raised many serious questions. The PPP government should have taken this case seriously and there was no need
Published 15 Apr, 2011 12:00am
Meeting of Regional Consultative Group of ICC on 20th in Amman

Meeting of Regional Consultative Group of ICC on 20th in Amman

The meeting of Regional Consultative Group of International Chamber of Commerce for the Middle East North African region will be convened in Amman, Jordan on April 20, 2011 under the theme "identifying regional synergies for global trade and investment".
Published 15 Apr, 2011 12:00am
MPs for in-camera session on education

MPs for in-camera session on education

The parliamentarians representing various political parties on Thursday suggested the government to hold an in-camera session on education and urged a balance between claimed and factual literacy rate, besides raising the education budget to 5 percent of
Published 15 Apr, 2011 12:00am
Fertiliser units in South Punjab remain closed

Fertiliser units in South Punjab remain closed

Pak-Arab and other fertiliser units in Southern Punjab remained closed as Sui Northern Gas Pipeline Limited (SNGPL) has suspended gas supply to fertiliser plants declaring 'Force Majeure' due to fault in compressors recently installed at Qadirpur field.
Published 15 Apr, 2011 12:00am
ISE launches new website

ISE launches new website

The Islamabad Stock Exchange (ISE) has launched a new website of the exchange. The new website contains interactive content management tools to facilitate the browsers having latest browsing compatibilities. According to a press release of the ISE issued
Published 15 Apr, 2011 12:00am
PTA chairman condemns gas closure, power loadshedding

PTA chairman condemns gas closure, power loadshedding

Chairman, Pakistan Tanners' Association (PTA), Khurshid Alam has once again strongly condemned in a press statement issued on Thursday to the gas closure and electricity load shedding in country specially in the leather industry of Pakistan, which is alre
Published 15 Apr, 2011 12:00am
Pakistan frees 89 Indian fishermen

Pakistan frees 89 Indian fishermen

Pakistan on Thursday freed 89 Indian fishermen imprisoned for fishing and violating its territorial waters as the nuclear-armed rivals resume a fledgling peace process. The release comes two weeks after Indian Prime Minister Manmohan Singh and his Pakista
Published 15 Apr, 2011 12:00am
SU finalises arrangements for APC

SU finalises arrangements for APC

Sindh University on Thursday finalised arrangements for holding All Parties Conference (APC) scheduled for April 17. The meeting was presided over by Vice Chancellor Professor Dr Nazir A. Mughal, which was attended by members of organising committee, Pro
Published 15 Apr, 2011 12:00am
Turkish Consul General visits HCCI

Turkish Consul General visits HCCI

Consul General of Turkey Fethi Etum visited Hyderabad Chamber of Commerce and Industry here, on Wednesday. Addressing the members of the Chamber, he said that Turkey and Pakistan enjoyed unique friendly relations. He expressed that Turkey would further im
Published 15 Apr, 2011 12:00am
Prime Minister approves formation of Pak-France JBC

Prime Minister approves formation of Pak-France JBC

Prime Minister Syed Yousuf Raza Gilani has approved the formation of Pak-France Joint Business Council between FPCCI and MEDEF to enhance bilateral trade and investment between the two countries. This was stated by the Federal Advisor on Textile Dr Mirza
Published 15 Apr, 2011 12:00am
Two gunned down in Khuzdar

Two gunned down in Khuzdar

Gunmen on Thursday killed two people in the Surab Tehsil of Kuzdar, Levis Force said. According to the Levis officials, armed men riding on a motorbike opened fire at two people at Baincha area, killing them on the spot. The victims were rushed to the nea
Published 15 Apr, 2011 12:00am
US MIDDAY: gold and silver surge

US MIDDAY: gold and silver surge

Gold rose over 1 percent and silver surged on Thursday, as a combination of dollar weakness, inflation worries and renewed Greek sovereign debt worries lifted bullion to $5 below its record high. Gold got a boost from inflation worry triggered by data sho
Published 15 Apr, 2011 12:00am
Shahi Syed meets Qaim, Malik

Shahi Syed meets Qaim, Malik

President, Awami National Party (ANP), Sindh Shahi Syed on Thursday called on Chief Minister Sindh Syed Qaim Ali Shah and Interior Minister Rehman Malik at Chief Minister House and presented certain problems and issues. Shahi Syed said that his party want
Published 15 Apr, 2011 12:00am
Closure of CNG, petrol stations: LHC returns petition with objection

Closure of CNG, petrol stations: LHC returns petition with objection

The Lahore High Court (LHC) returned a petition back to petitioner Ishtiaq Ahmad with objection challenging closure of petrol pumps and CNG stations. Petitioner stated that due to closure of these filling stations the people are facing great problems. He
Published 15 Apr, 2011 12:00am
Business community concerned over rise in crimes

Business community concerned over rise in crimes

The business community while expressing deep concern over fast increasing incidents of dacoities, has demanded of the Chief Minister Punjab Mian Muhammad Shahbaz Sharif and Inspector General of Police to take immediate measures to improve law and order si
Published 15 Apr, 2011 12:00am
56 million labourers unregistered: EoBI chief

56 million labourers unregistered: EoBI chief

Chairman Employees Old-Age Benefit Institution (EoBI), Zafar Iqbal Gondal has said that out of the total documented 59 million labour force, only three million are registered with the institute. Addressing a seminar on 'Benefits of Registration with EoBI'
Published 15 Apr, 2011 12:00am
'Training of police personnel on modern line imperative'

'Training of police personnel on modern line imperative'

Training of police personnel on modern line and equipping them with modern techniques and latest equipment is imperative to cope with the challenges of terrorism and crime, besides giving the masses a concept of soft and friendly policing, said Wajid Ali
Published 15 Apr, 2011 12:00am
Directives to resolve journalists' issues

Directives to resolve journalists' issues

Sindh Minister for Information, Sharjeel Inam Memon, has asked the Provincial Information Department to undertake all possible steps to help resolve basic issues being confronted by the journalist community. In a statement here on Thursday, he said that m
Published 15 Apr, 2011 12:00am
Zardari, Erdogan renew pledge to build strategic partnership

Zardari, Erdogan renew pledge to build strategic partnership

President Asif Ali Zardari and Turkish Prime Minister, Recep Tayyip Erdogan Thursday made a renewed pledge to build a strategic partnership focusing on achieving economic prosperity and strengthening political ties. President Asif Ali Zardari held the mee
Published 15 Apr, 2011 12:00am
UK HC issues warning to illegal immigrants

UK HC issues warning to illegal immigrants

The British High Commission on Thursday issued a warning to illegal immigrants, saying there is no future for them in UK and the Commission had begun removing illegal workers from the UK. A statement issued by the British High Commission said that the UK
Published 15 Apr, 2011 12:00am
Hajj corruption scam: Court rejects Kazmi's bail plea

Hajj corruption scam: Court rejects Kazmi's bail plea

The Court on Thursday has again rejected the bail plea of former Religious Affairs Minister Hamid Saeed Kazmi and adjourned hearing of multi-million Hajj corruption scam. The application was moved by counsel of Hamid Saeed Kazmi before Special Judge Centr
Published 15 Apr, 2011 12:00am
Anti-people policies: rulers fast losing public support: JI

Anti-people policies: rulers fast losing public support: JI

Jamaat-e-Islami (JI) Secretary General, Liaquat Baloch has said that the parties which came to power after backing out from their decision to boycott February 2008 elections have failed to deliver and are fast losing public support. Addressing the monthly
Published 15 Apr, 2011 12:00am
LHC seeks reply from President NBP

LHC seeks reply from President NBP

The Lahore High Court (LHC) here Thursday sought reply within a week from President National Bank of Pakistan in a petition against non-provision of enhanced benevolent fund to retired bank employees. Shaukat Ali, a former Vice President NBP through his c
Published 15 Apr, 2011 12:00am
Multan traders reject energy conservation plan

Multan traders reject energy conservation plan

Chamber of small traders and traders alliance Thursday rejected energy conservation measures announced by the ministry of water and power for upcoming six months, describing them infeasible and illogical and said that these would not help lessen the impac
Published 15 Apr, 2011 12:00am
PPP Punjab urges Supreme Court to remove stain on its face

PPP Punjab urges Supreme Court to remove stain on its face

Pakistan People's Party (PPP) Punjab has urged the Supreme Court to remove stains on its face by deciding presidential reference seeking apex court's opinion on reopening of late Zulfikar Ali Bhutto's murder case. A meeting of the provincial general body
Published 15 Apr, 2011 12:00am
Dr Asim files nomination papers for Senate seat

Dr Asim files nomination papers for Senate seat

Pakistan Peoples' Party (PPP) has nominated Dr Asim Hussain for a vacant Senate seat here on Thursday. The nomination papers were filed at the office of provincial Election Commissioner.
Published 15 Apr, 2011 12:00am
Power crisis worsens with rise in mercury

Power crisis worsens with rise in mercury

Power crisis has aggravated with rise in mercury, pushing the shortfall upward and crossing the threshold of 3000MW during last 24 hours. It may be noted that the power shortfall decreased during last week owing to mild weather, but it has risen again to
Published 15 Apr, 2011 12:00am
Hundreds of trucks loaded with wheat seized in Sindh

Hundreds of trucks loaded with wheat seized in Sindh

Sindh police and other agencies have detained hundreds of trucks arriving from Punjab loaded with wheat for export through ports located in Sindh. Federal government had given permission in February to private parties for the export of two million tons of
Published 15 Apr, 2011 12:00am
NRO case: Supreme Court allows government to change counsel

NRO case: Supreme Court allows government to change counsel

The Supreme Court on Thursday allowed the government to change its lawyer in the NRO review case, when Barrister Kamal Azfar informed the court that he had been warned by a lawyer against pleading the case. The court accepted this plea on the request of A
Published 15 Apr, 2011 12:00am
18 percent increase in defence budget for fiscal year 2012 proposed

18 percent increase in defence budget for fiscal year 2012 proposed

Ministry of Defence has sent a proposal to federal government for an allocation of Rs 582 billion for defence budget 2011-12. According to sources, the defence ministry had asked for the allocation after calculating inflation and expenditure in war agains
Published 15 Apr, 2011 12:00am
18 percent increase in defence budget for fiscal year 2012 proposed

18 percent increase in defence budget for fiscal year 2012 proposed

Ministry of Defence has sent a proposal to federal government for an allocation of Rs 582 billion for defence budget 2011-12. According to sources, the defence ministry had asked for the allocation after calculating inflation and expenditure in war agains
Published 15 Apr, 2011 12:00am
18 percent increase in defence budget for fiscal year 2012 proposed

18 percent increase in defence budget for fiscal year 2012 proposed

Ministry of Defence has sent a proposal to federal government for an allocation of Rs 582 billion for defence budget 2011-12. According to sources, the defence ministry had asked for the allocation after calculating inflation and expenditure in war agains
Published 15 Apr, 2011 12:00am
OGDCL rejects PSO proposal on circular debt

OGDCL rejects PSO proposal on circular debt

Oil and Gas Development Company Limited (OGDCL) has opposed Pakistan State Oil's (PSO) proposal to securities OGDCL dividends with the objective of eliminating the circular debt. This proposal was revealed by Executive Director (ED) Finance PSO Yaqoob Sat
Published 15 Apr, 2011 12:00am
OGDCL rejects PSO proposal on circular debt

OGDCL rejects PSO proposal on circular debt

Oil and Gas Development Company Limited (OGDCL) has opposed Pakistan State Oil's (PSO) proposal to securities OGDCL dividends with the objective of eliminating the circular debt. This proposal was revealed by Executive Director (ED) Finance PSO Yaqoob Sat
Published 15 Apr, 2011 12:00am
OGDCL rejects PSO proposal on circular debt

OGDCL rejects PSO proposal on circular debt

Oil and Gas Development Company Limited (OGDCL) has opposed Pakistan State Oil''s (PSO) proposal to securities OGDCL dividends with the objective of eliminating the circular debt. This proposal was revealed by Executive Director (ED) Finance PSO Yaqoob Sa
Published 15 Apr, 2011 12:00am
Bearish sentiments dominate on LSE

Bearish sentiments dominate on LSE

Bearish sentiments dominated on the Lahore Stock Exchange (LSE) on Thursday and the equities registered declines across the board amid increased trading turnover due to selling pressure. The LSE-25 index lost 34.64 points and was closed at 3254.12 points
Published 15 Apr, 2011 12:00am
Bearish sentiments dominate on LSE

Bearish sentiments dominate on LSE

Bearish sentiments dominated on the Lahore Stock Exchange (LSE) on Thursday and the equities registered declines across the board amid increased trading turnover due to selling pressure. The LSE-25 index lost 34.64 points and was closed at 3254.12 points
Published 15 Apr, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE), where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 16.58 points, as the Index moved from 2537.72 to 2521.14 points.
Published 15 Apr, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE), where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 16.58 points, as the Index moved from 2537.72 to 2521.14 points.
Published 15 Apr, 2011 12:00am
Gilani to hold talks with Karzai in Kabul on April 16

Gilani to hold talks with Karzai in Kabul on April 16

Prime Minister Yousuf Raza Gilani will visit Afghanistan for weekend talks with President Hamid Karzai, Islamabad said on Thursday. The visit comes ahead of the main fighting season in neighbouring Afghanistan, where 130,000 US-led troops are battling Tal
Published 15 Apr, 2011 12:00am
Gilani to hold talks with Karzai in Kabul on April 16

Gilani to hold talks with Karzai in Kabul on April 16

Prime Minister Yousuf Raza Gilani will visit Afghanistan for weekend talks with President Hamid Karzai, Islamabad said on Thursday. The visit comes ahead of the main fighting season in neighbouring Afghanistan, where 130,000 US-led troops are battling Tal
Published 15 Apr, 2011 12:00am
Pakistan foreign exchange reserves decline

Pakistan foreign exchange reserves decline

The country's liquid foreign reserves have registered a decline of $320 million dollar in a week. According to the State Bank of Pakistan (SBP), the country's totaled foreign reserves stood at $17.317 billion as on April l 9, 2011 as compared to $17.637 b
Published 15 Apr, 2011 12:00am
Pakistan foreign exchange reserves decline

Pakistan foreign exchange reserves decline

The country's liquid foreign reserves have registered a decline of $320 million dollar in a week. According to the State Bank of Pakistan (SBP), the country's totaled foreign reserves stood at $17.317 billion as on April l 9, 2011 as compared to $17.637 b
Published 15 Apr, 2011 12:00am
Pakistan foreign exchange reserves decline

Pakistan foreign exchange reserves decline

The country''s liquid foreign reserves have registered a decline of $320 million dollar in a week. According to the State Bank of Pakistan (SBP), the country''s totaled foreign reserves stood at $17.317 billion as on April l 9, 2011 as compared to $17.637
Published 15 Apr, 2011 12:00am
Journalist Rais Khan laid to rest

Journalist Rais Khan laid to rest

Senior Journalist Rais Ahmed Khan, who died here on Wednesday following cardiac arrest, was laid to rest at Defence graveyard here on Thursday evening. Rais Khan (83) was a senior staff member of Editorial Staff of Business Recorder. His funeral wa
Published 15 Apr, 2011 12:00am
Journalist Rais Khan laid to rest

Journalist Rais Khan laid to rest

Senior Journalist Rais Ahmed Khan, who died here on Wednesday following cardiac arrest, was laid to rest at Defence graveyard here on Thursday evening. Rais Khan (83) was a senior staff member of Editorial Staff of Business Recorder. His funeral wa
Published 15 Apr, 2011 12:00am
India, Pakistan to resume cricket ties: reports

India, Pakistan to resume cricket ties: reports

India and Pakistan have agreed to resume direct sporting ties, including cricket games, which were frozen after the 2008 Mumbai attacks, reports said Thursday. The decision comes two weeks Indian Prime Minister Manmohan Singh and his Pakistani counterpart
Published 15 Apr, 2011 12:00am
India, Pakistan to resume cricket ties: reports

India, Pakistan to resume cricket ties: reports

India and Pakistan have agreed to resume direct sporting ties, including cricket games, which were frozen after the 2008 Mumbai attacks, reports said Thursday. The decision comes two weeks Indian Prime Minister Manmohan Singh and his Pakistani counterpart
Published 15 Apr, 2011 12:00am
DHA Lahore violates PPR-2004: TI Pakistan

DHA Lahore violates PPR-2004: TI Pakistan

Public Procurement Regulatory Authority (PPRA) has asked for a comprehensive report/comment from the Defence Housing Authority, Lahore on the complaint of Transparency International Pakistan regarding violation of Public Procurement Rules (PPR)- 2004 in t
Published 15 Apr, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 Apr, 2011 12:00am
DHA Lahore violates PPR-2004: TI Pakistan

DHA Lahore violates PPR-2004: TI Pakistan

Public Procurement Regulatory Authority (PPRA) has asked for a comprehensive report/comment from the Defence Housing Authority, Lahore on the complaint of Transparency International Pakistan regarding violation of Public Procurement Rules (PPR)- 2004 in t
Published 15 Apr, 2011 12:00am
DHA Lahore violates PPR-2004: TI Pakistan

DHA Lahore violates PPR-2004: TI Pakistan

Public Procurement Regulatory Authority (PPRA) has asked for a comprehensive report/comment from the Defence Housing Authority, Lahore on the complaint of Transparency International Pakistan regarding violation of Public Procurement Rules (PPR)- 2004 in t
Published 15 Apr, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Apr, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Apr, 2011 12:00am
Foreign Secretary to visit US on April 21

Foreign Secretary to visit US on April 21

Foreign Secretary Salman Bashir would visit Washington on April 21-22 to convince Obama Administration that drone attacks in tribal belt of the country were 'core irritant' in fighting militancy.
Published 15 Apr, 2011 12:00am
Foreign Secretary to visit US on April 21

Foreign Secretary to visit US on April 21

Foreign Secretary Salman Bashir would visit Washington on April 21-22 to convince Obama Administration that drone attacks in tribal belt of the country were 'core irritant' in fighting militancy.
Published 15 Apr, 2011 12:00am
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