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Print - 2011-04-20
Two gangs of car-lifters, dacoits busted; nine held

Two gangs of car-lifters, dacoits busted; nine held

Islamabad Police busted two gangs of car-jackers and dacoits and arrested nine persons from whom two stolen cars, five pistols, drugs and other commodities were recovered, said a spokesman of Islamabad Police here on Tuesday. Shehzad Town Police in a prom
Published 20 Apr, 2011 12:00am
Plan finalised for media coverage of National Judicial Conference

Plan finalised for media coverage of National Judicial Conference

A comprehensive plan has been evolved for the coverage of National Judaical Conference (NJC) set to be held on April 22. The plan was finalised during a meeting conveyed in the chamber of Registrar Supreme Court of Pakistan for evolving publicity plan for
Published 20 Apr, 2011 12:00am
Wynne apprises Prime Minister of missile test

Wynne apprises Prime Minister of missile test

Chairman Joint Chiefs of Staff Committee, General Khalid Shamim Wynne on Tuesday called on Prime Minister Yousuf Raza Gilani and apprised him of the successful test of Hattaf missile. In a meeting held at the Prime Minister House, both discussed the matte
Published 20 Apr, 2011 12:00am
Cabinet body recommendations: Privatisation Commission's meeting today

Cabinet body recommendations: Privatisation Commission's meeting today

Privatisation Commission has called board meeting on Wednesday (today) to formulate recommendations approved by the Cabinet committee on Privatisation and review implementation status and progress of various transactions. The meeting will be chaired by Sy
Published 20 Apr, 2011 12:00am
Rs five billion UAE assistance programme launched in Swat

Rs five billion UAE assistance programme launched in Swat

Chief Minister Khyber Pakhtunkhwa Ameer Haidar Khan Hoti Tuesday launched the implementation of the Rs 5 billion United Emirates Assistance Programme for Pakistan (UPAP) with the foundation stone for the construction of Government Higher Secondary School
Published 20 Apr, 2011 12:00am
Munir Niazi's birth anniversary observed

Munir Niazi's birth anniversary observed

The writers' community of Pakistan observed on Tuesday the birth anniversary of legendary Urdu and Punjabi poet Munir Niazi, and paid tributes to his memorable poetry. Different programmes and conferences were arranged to recite his poetry after completio
Published 20 Apr, 2011 12:00am
Drone attacks: Imran announces launching of two-pronged strategy

Drone attacks: Imran announces launching of two-pronged strategy

Pakistan Tehrik-e-Insaf (PTI) Chairman, Imran Khan, on Tuesday announced to launch two-pronged strategy- public pressure within the country and litigation at international court of law, to compel the US government to stop drone attacks in Pakistan's triba
Published 20 Apr, 2011 12:00am
From A Ringside Seat

From A Ringside Seat

In a dramatic move Raza Hayat Hiraj from the PML-Q presented a draft bill in National Assembly that elevated his standing in the press gallery. The bill proposed that all those politicians, bureaucrats, army personnel, who have a foreign nationality or ow
Published 20 Apr, 2011 12:00am
LHC issues notice to Saad Rafiq

LHC issues notice to Saad Rafiq

The Lahore High Court here Tuesday issued notice to PML-N MNA Khawaja Saad Rafiq on an application of a PML-Q leader Humayon Akhtar challenging LHC orders dismissing his petition on technical grounds rather than on merits. The court had dismissed the peti
Published 20 Apr, 2011 12:00am
Cotton output boost: Multi-pronged strategy being worked out

Cotton output boost: Multi-pronged strategy being worked out

A multi-pronged strategy is being mapped out to increase cotton production in the country besides bringing new areas under cultivation and provide free of cost certified cotton seeds to growers in Khyber-Pakhtunkhwa and Balochistan.
Published 20 Apr, 2011 12:00am
'Cabinet expansion to be according to the constitution'

'Cabinet expansion to be according to the constitution'

Federal Minister for Information and Broadcasting, Dr Firdous Ashiq Awan said on Tuesday that cabinet expansion would be made according to the constitution. Pakistan Peoples Party government believes in the politics of reconciliation and take on-board all
Published 20 Apr, 2011 12:00am
Brazil ambassador visits Business Recorder Islamabad

Brazil ambassador visits Business Recorder Islamabad

Ambassador of Federative Republic of Brazil Alfredo Leoni visited the offices of Business Recorder here on Tuesday and met the newspaper's Islamabad resident editor and staff members.
Published 20 Apr, 2011 12:00am
Three Wasa officials sacked

Three Wasa officials sacked

Three officials of Water and Sanitation Agency (Wasa) were suspended on charges of misappropriation, delinquency, negligence and poor performance. In a statement issued on Tuesday, a spokesman of the agency said that an assistant director, a revenue offic
Published 20 Apr, 2011 12:00am
US official assures resolving visa-related issues

US official assures resolving visa-related issues

US Consulate's Economic Officer, Robert Hawkins, during a meeting with Pakistan Tanners Association (PTA), promised to take up visa related issues with his government. The economic officer visited PTA (North Zone) office and held a meeting with the associ
Published 20 Apr, 2011 12:00am
Expert warns against cotton leaf curl virus

Expert warns against cotton leaf curl virus

Cotton leaf curl virus is likely to play havoc with the crop as the virus is responsible for damage to crop in Pakistan amounting to US five billion dollar from 1992 to 1997, said Professor Dr Rob W. Briddon, an American scientist. Briddon who is also a m
Published 20 Apr, 2011 12:00am
427 posts of EDOs, DORs, DDOs abolished

427 posts of EDOs, DORs, DDOs abolished

The Punjab government has issued notification to abolish 427 posts of EDOs, District Officer Revenue (DORs) and Deputy District Officers (DDOs) while another notification for creation of 334 posts of Additional Commissioners, Additional Collectors, Assist
Published 20 Apr, 2011 12:00am
SIDC, SBCC projects: bureaucratic snags delay uplift work

SIDC, SBCC projects: bureaucratic snags delay uplift work

The pace of development work on two mega projects, including Sports Industries Development Centre (SIDC) and Sialkot Business and Commerce Centre (SBCC) costing more than Rs 7.75 million was not up to the mark. SIDC project would be completed at a cost of
Published 20 Apr, 2011 12:00am
Hydel electricity production to rise to 6,500 megawatts by June

Hydel electricity production to rise to 6,500 megawatts by June

Director General Pepco, Muhammad Khalid has said some 2800MW electricity is being produced through hydel system which will be increased to 6500MW by June this year. "Line losses have been reduced to 14.5 percent due to better policies of PEPCO," he said w
Published 20 Apr, 2011 12:00am
Pakistan likely to win 'GSP plus' status: Austrian envoy

Pakistan likely to win 'GSP plus' status: Austrian envoy

The Austrian Ambassador Axel Wech, while speaking at the Lahore Chamber of Commerce on Tuesday, said that Pakistan is likely to win GSP plus status in next EU-Pakistan summit as the things to this regard are moving in right direction.
Published 20 Apr, 2011 12:00am
JuD chief's case: Ministry allowed more time to file reply

JuD chief's case: Ministry allowed more time to file reply

Lahore High Court here Tuesday allowed more time to the defence ministry to file reply to a petition of Jamat-ud-Dawa Chief, Hafiz Muhammad Saeed seeking directions for the government to defend him, being a citizen of Pakistan, before a US Court.
Published 20 Apr, 2011 12:00am
Two wounded in Quetta car bomb blast

Two wounded in Quetta car bomb blast

A car bomb exploded outside a charity's office, wounding two people here, police said on Tuesday. Ten houses were also damaged in the remotely-detonated blast. "Two passers-by including a woman received shrapnel wounds but they are out of danger," senior
Published 20 Apr, 2011 12:00am
Thousands pay homage to Bashir Ahmed

Thousands pay homage to Bashir Ahmed

Thousands of trade union workers gathered outside Bakhtiar Labour Hall, here on Tuesday, under the aegis of 'Pakistan Workers Federation' and paid homage to the services of their late leader Bashir Ahmed Bakhtiar on the eve of his 18th death anniversary.
Published 20 Apr, 2011 12:00am
LHC issues notice to federation, AGP on Tarar's plea

LHC issues notice to federation, AGP on Tarar's plea

The Lahore High Court on Tuesday issued notice for May 18 to federation and Attorney General of Pakistan (AGP)on a petition filed by former President Muhammad Rafiq Tarar for directions to remove all references made to Pervez Musharraf in public and offic
Published 20 Apr, 2011 12:00am
LHC adjourns proceedings to April 21

LHC adjourns proceedings to April 21

Lahore High Court here Tuesday adjourned proceedings to April 21 in a petition of President PCS Welfare Association, Punjab and others challenging their suspension orders and issuance of show cause notices to them. LHC Chief Justice, Ijaz Ahmad Chaudhry d
Published 20 Apr, 2011 12:00am
Sharif family: PTI releases details of assets, properties

Sharif family: PTI releases details of assets, properties

Pakistan Tehrik-e-Insaf (PTI) on Tuesday lashed out at opposition leader in National Assembly Chaudhry Nisar Ali Khan for labelling PTI as a puppet party and released details of assets and properties owned by Sharif family. Speaking at a news conference,
Published 20 Apr, 2011 12:00am
Chinese envoy gifts 10 computers, other accessories to GCU

Chinese envoy gifts 10 computers, other accessories to GCU

Chinese Ambassador to Pakistan Liu Jian has gifted ten latest computers, software and other accessories to the Government College University (GCU)Lahore, with which the university has established a high-tech computer laboratory for students at the Postgra
Published 20 Apr, 2011 12:00am
Prime Minister approves policy makers' study tour to Malaysia

Prime Minister approves policy makers' study tour to Malaysia

Prime Minister Syed Yousuf Raza Gilani on Tuesday approved the study tour for policy makers to visit Kuala Lumpur, Malaysia from April 25 to 28. The objective of the tour is to observe drug treatment services in Kuala Lumpur and to have constructive discu
Published 20 Apr, 2011 12:00am
The Weather

The Weather

The weather report on Tuesday (April 19, 2011) and the forecast for Wednesday (April 20, 2011).

Published 20 Apr, 2011 12:00am
Bullion Rates

Bullion Rates

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

Published 20 Apr, 2011 12:00am
Team approved for Qatar visit

Team approved for Qatar visit

Prime Minister Syed Yusuf Raza Gilani on Tuesday approved a delegation to visit Qatar for holding of the first meeting of Joint Committee. The Joint Committee was constituted under agreement with the State of Qatar for the organisation of Pakistani manpow
Published 20 Apr, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 20 Apr, 2011 12:00am
All set for wheat procurement

All set for wheat procurement

All arrangements have been finalised by the district administration for the official procurement of the wheat from growers in the district. In this regard focal persons have been nominated for the all, 11 procurement centres in the district and monitoring
Published 20 Apr, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (April 19, 2011) and for Wednesday (April 20, 2011).
Published 20 Apr, 2011 12:00am
Convocation of National Textile University held

Convocation of National Textile University held

Federal Minister for Textile Industries, Makhdoom Shahabuddin has urged young textile graduates to utilise their hard earned knowledge to face the challenges and take out textile sector from crisis. Addressing second Convocation of National Textile Univer
Published 20 Apr, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

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

Published 20 Apr, 2011 12:00am
PPP will continue to follow policy of reconciliation: Zardari

PPP will continue to follow policy of reconciliation: Zardari

Co-Chairman Pakistan People's Party President Asif Ali Zardari on Tuesday said that PPP would continue its forward march towards strengthening democracy and state institutions, besides putting economy back on track while following the policy of reconcilia
Published 20 Apr, 2011 12:00am
PML-Q still divided on joining PPP-led coalition government

PML-Q still divided on joining PPP-led coalition government

Hectic consultations are going on in the ranks and files of the Pakistan Muslim League-Quaid (PML-Q) over joining the PPP-led coalition government, as Pakistan People's Party (PPP) is making efforts to strengthen its government in Centre ahead of federal
Published 20 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 Tuesday (April 19, 2011).

Published 20 Apr, 2011 12:00am
Munter meets Zardari

Munter meets Zardari

US Ambassador to Pakistan, Cameron P Munter called on President Asif Ali Zardari at Aiwan-e-Sadr on Tuesday. Pak-US bilateral issues were discussed during the meeting.
Published 20 Apr, 2011 12:00am
Publisher reviews claims in memoir Three Cups of Tea

Publisher reviews claims in memoir Three Cups of Tea

The publisher of US author Greg Mortenson's memoir, "Three Cups of Tea," said on Monday it was reviewing the best-seller following claims that parts of the inspirational book were fabricated. Television news program "60 Minutes" said in a Sunday broadcast
Published 20 Apr, 2011 12:00am
Publisher reviews claims in memoir Three Cups of Tea

Publisher reviews claims in memoir Three Cups of Tea

The publisher of US author Greg Mortenson's memoir, "Three Cups of Tea," said on Monday it was reviewing the best-seller following claims that parts of the inspirational book were fabricated. Television news program "60 Minutes" said in a Sunday broadcast
Published 20 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 19, 2011).

Published 20 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 19, 2011).

Published 20 Apr, 2011 12:00am
Experts call for reliance on local resources to improve economy

Experts call for reliance on local resources to improve economy

Experts on Tuesday urged the government to mobilise internal resources to underpin the falling economy with unselective taxing of untaxed sectors, improve education and healthcare systems and reduce external financial assistance. The peer-review came from
Published 20 Apr, 2011 12:00am
Experts call for reliance on local resources to improve economy

Experts call for reliance on local resources to improve economy

Experts on Tuesday urged the government to mobilise internal resources to underpin the falling economy with unselective taxing of untaxed sectors, improve education and healthcare systems and reduce external financial assistance. The peer-review came from
Published 20 Apr, 2011 12:00am
THE RUPEE: falling trend

THE RUPEE: falling trend

Strong demand for dollar pushed the rupee lower on the currency market on Tuesday in process of trading, money experts said. The rupee failed to keep its firmness versus dollar, losing 28 paisa for buying at 84.52 and 30 paisa for selling at 84.58, they s
Published 20 Apr, 2011 12:00am
Experts call for reliance on local resources to improve economy

Experts call for reliance on local resources to improve economy

Experts on Tuesday urged the government to mobilise internal resources to underpin the falling economy with unselective taxing of untaxed sectors, improve education and healthcare systems and reduce external financial assistance. The peer-review came from
Published 20 Apr, 2011 12:00am
THE RUPEE: falling trend

THE RUPEE: falling trend

Strong demand for dollar pushed the rupee lower on the currency market on Tuesday in process of trading, money experts said. The rupee failed to keep its firmness versus dollar, losing 28 paisa for buying at 84.52 and 30 paisa for selling at 84.58, they s
Published 20 Apr, 2011 12:00am
Pakistan may resume cement exports to India

Pakistan may resume cement exports to India

The Indian Quality Control Institution has accorded approval to Pakistan to resume cement exports to neighbouring India. According to a private news channel, Pakistan is likely to export about 100,000 tonnes of cement to India during the remaining period
Published 20 Apr, 2011 12:00am
Pakistan may resume cement exports to India

Pakistan may resume cement exports to India

The Indian Quality Control Institution has accorded approval to Pakistan to resume cement exports to neighbouring India. According to a private news channel, Pakistan is likely to export about 100,000 tonnes of cement to India during the remaining period
Published 20 Apr, 2011 12:00am
Pakistan may resume cement exports to India

Pakistan may resume cement exports to India

The Indian Quality Control Institution has accorded approval to Pakistan to resume cement exports to neighbouring India. According to a private news channel, Pakistan is likely to export about 100,000 tonnes of cement to India during the remaining period
Published 20 Apr, 2011 12:00am
Castro resigns as party head as Cuba mulls reforms

Castro resigns as party head as Cuba mulls reforms

Fidel Castro confirmed his exit from the Communist Party leadership on Tuesday, ceding power to his brother Raul as delegates prepare to vote on changes that could bring term limits to key posts. The move came after the sixth Communist Party Congress appr
Published 20 Apr, 2011 12:00am
Castro resigns as party head as Cuba mulls reforms

Castro resigns as party head as Cuba mulls reforms

Fidel Castro confirmed his exit from the Communist Party leadership on Tuesday, ceding power to his brother Raul as delegates prepare to vote on changes that could bring term limits to key posts. The move came after the sixth Communist Party Congress appr
Published 20 Apr, 2011 12:00am
Pakistan, US cannot allow ties to unravel: Mullen

Pakistan, US cannot allow ties to unravel: Mullen

US and Pakistani leaders agree they cannot afford to let security ties unravel, the top US military officer said on Tuesday, even as he acknowledged persistent strains including Pakistani links to insurgents staging attacks in Afghanistan.
Published 20 Apr, 2011 12:00am
ISE index sheds 10.82 points

ISE index sheds 10.82 points

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Tuesday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 10.82 points from 2514.95 points to 2504.13 points. Turnover amounted to 6,400 shares as com
Published 20 Apr, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (April 19, 2011).

Published 20 Apr, 2011 12:00am
ISE index sheds 10.82 points

ISE index sheds 10.82 points

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Tuesday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 10.82 points from 2514.95 points to 2504.13 points. Turnover amounted to 6,400 shares as com
Published 20 Apr, 2011 12:00am
LSE index loses 32.94 points

LSE index loses 32.94 points

Bearish sentiment dominated the Lahore Stock Exchange on Tuesday and equities registered declines amid descending transaction volume on account of lack of interest on the part of investors. The LSE-25 index lost 32.94 points and closed at 3201.84 against
Published 20 Apr, 2011 12:00am
LSE index loses 32.94 points

LSE index loses 32.94 points

Bearish sentiment dominated the Lahore Stock Exchange on Tuesday and equities registered declines amid descending transaction volume on account of lack of interest on the part of investors. The LSE-25 index lost 32.94 points and closed at 3201.84 against
Published 20 Apr, 2011 12:00am
Rs four hike in petrol price likely

Rs four hike in petrol price likely

Oil and Gas Regulatory Authority (Ogra) has calculated a Rs 4 per litre hike in petrol price, Rs 5 per litre in diesel, Rs 6 per litre in kerosene, Rs 10 per litre in Light Diesel Oil (LDO) and Rs 4 per litre in HOBC. The actual increase that would be pas
Published 20 Apr, 2011 12:00am
Rs four hike in petrol price likely

Rs four hike in petrol price likely

Oil and Gas Regulatory Authority (Ogra) has calculated a Rs 4 per litre hike in petrol price, Rs 5 per litre in diesel, Rs 6 per litre in kerosene, Rs 10 per litre in Light Diesel Oil (LDO) and Rs 4 per litre in HOBC. The actual increase that would be pas
Published 20 Apr, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 20 Apr, 2011 12:00am
Rs four hike in petrol price likely

Rs four hike in petrol price likely

Oil and Gas Regulatory Authority (Ogra) has calculated a Rs 4 per litre hike in petrol price, Rs 5 per litre in diesel, Rs 6 per litre in kerosene, Rs 10 per litre in Light Diesel Oil (LDO) and Rs 4 per litre in HOBC. The actual increase that would be pas
Published 20 Apr, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 20 Apr, 2011 12:00am