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Print - 2011-04-22
Railways yet to receive Rs 11.6 billion bailout package

Railways yet to receive Rs 11.6 billion bailout package

The National Assembly was informed on Thursday that Pakistan Railways is yet to receive Rs 11.6 billion bailout package approved by the Federal Cabinet, as four months have lapsed. Federal Minister for Railways Haji Ghulam Ahmed Bilour told the House duri
Published 22 Apr, 2011 12:00am
BARI, CIMMYT to develop nutritionally enriched wheat varieties

BARI, CIMMYT to develop nutritionally enriched wheat varieties

Barani Agriculture Research Institute (BARI) Chakwal will collaborate with the International Wheat and Maize Improvement Centre (CIMMYT) to get micronutrient based developed nurseries and will utilize it for breeding programme to develop nutritionally enr
Published 22 Apr, 2011 12:00am
MQM delegation meets PML-Q leaders

MQM delegation meets PML-Q leaders

A three-member delegation of Pakistan Muslim League-Q and a delegation of Muttahida Qaumi Movement (MQM) met PML-Q leadership in Lahore on Thursday and both sides agreed to remain in constant touch to tackle national challenges.
Published 22 Apr, 2011 12:00am
Glowing tributes paid to Allama Iqbal

Glowing tributes paid to Allama Iqbal

Speakers at a function held in connection with the 73rd death anniversary of poet/philosopher Allama Mohammad Iqbal, here on Thursday, paid glowing tributes to the great thinker and said his philosophy was based on patriotism and Muslim unity.
Published 22 Apr, 2011 12:00am
International 'Islamic Microfinance Moot' on June 13

International 'Islamic Microfinance Moot' on June 13

Poverty Alleviation has become a world phenomenon, which has led to the invention of various methods for its mitigation. Mutual funding model and technology/mobile banking are adopted to cut it down. Therefore latest research has proved that Islamic micro
Published 22 Apr, 2011 12:00am
Power shortfall likely to touch 5,000 megawatts

Power shortfall likely to touch 5,000 megawatts

Power shortfall is likely to touch 5,000MW in the absence of any reversal to the prevailing gap between generation and demand in the country. According to the Pepco sources, the power shortfall has touched 4600MW during last 24 hours due to reduction in h
Published 22 Apr, 2011 12:00am
Gunny bags being distributed amongst ruling party workers: KBP

Gunny bags being distributed amongst ruling party workers: KBP

Kisan Board Pakistan (KBP) has alleged that gunny bag in Sindh are being distributed amongst ruling party workers, waderas and influential people, while the ordinary growers are running from pillar to post to sell their wheat at government rate.
Published 22 Apr, 2011 12:00am
PAL to publish two books on Faiz Ahmad Faiz

PAL to publish two books on Faiz Ahmad Faiz

Pakistan Academy of Letters (PAL), Khyber Pakhtunkhwa, has arranged publishing of two books on Faiz Ahmad Faiz while the construction of Faiz Auditorium in Islamabad would be completed by the end of the current year. This has been stated in chairman, PAL,
Published 22 Apr, 2011 12:00am
PCS officers' case: CJ LHC seeks chief secretary's response by May 5

PCS officers' case: CJ LHC seeks chief secretary's response by May 5

Lahore High Court Chief Justice, Ijaz Ahmad Chaudhry here Thursday suspending operation of show-cause notices issued to PCS officers, restrained chief secretary Punjab from any proceedings against them. The CJ issued this order in a petition of president
Published 22 Apr, 2011 12:00am
Concerns voiced over five-day working week proposal

Concerns voiced over five-day working week proposal

Multan Chamber of Commerce and Industry (MCCI) President, Shahid Naseem Khokhar has expressed deep concern and dissatisfaction over the proposal of five-day working week/two weekly holidays in the name of energy conservation. Shahid Naseem Khokhar, in a s
Published 22 Apr, 2011 12:00am
DHL plans to invest $9 million in Pakistan

DHL plans to invest $9 million in Pakistan

DHL plans to expand operations in Pakistan by investing $9 million in warehouses, tracking fleet and training of human resources. "Although it is not a big investment but it shows confidence of DHL in Pakistan and besides this investment, we can also help
Published 22 Apr, 2011 12:00am
'Measures afoot to boost police-public ties'

'Measures afoot to boost police-public ties'

Islamabad Police have been made people-friendly through active interaction between police and community and every possible step is being taken for promoting its relations with the public to ensure effective policing, said SSP (Traffic) Mir Vaiz Niaz, here
Published 22 Apr, 2011 12:00am
OGDCL directors meet on 27th with a view to salvaging Uch project

OGDCL directors meet on 27th with a view to salvaging Uch project

Oil and Gas Development Company Limited (OGDCL) management is set to table four proposals including scrapping the tender for $186 million Engineering, Procurement and Construction (EPC) contract for Uch-11 development project before its Board of Directors
Published 22 Apr, 2011 12:00am
Fauji Fertiliser's 23rd AMC held

Fauji Fertiliser's 23rd AMC held

The 23rd Annual Marketing Conference (AMC) of Fauji Fertiliser Company Ltd (FFCL) was held on April 04-06, 2011 at local hotel, Karachi. Lieutenant General Malik Arif Hayat, HI(M) (Retd), the Chief Executive and Managing Director of the Company presided o
Published 22 Apr, 2011 12:00am
Karachiites sizzle as mercury hits 40 degrees

Karachiites sizzle as mercury hits 40 degrees

Karachiites have witnessed the hottest day of the month as mercury touched 40 degrees celsius under scorching sun on Thursday. A Met official said that this is the highest temperature during the month (April) so far and added that hot spell is likely to c
Published 22 Apr, 2011 12:00am
Dividend payment: SHC verdict in ABL case on Monday

Dividend payment: SHC verdict in ABL case on Monday

The Sindh High Court will announce verdict regarding payment of final cash dividend and bonus shares of Allied Bank of Pakistan, on Monday. According to a notice sent to Karachi Stock Exchange by the Bank, the shareholders of ABL in their 65th annual gene
Published 22 Apr, 2011 12:00am
Speakers underscore need for essential tools for nuclear safety

Speakers underscore need for essential tools for nuclear safety

Speakers in a seminar here on Thursday emphasised the need for promoting co-operation on various technical and organisational aspects which could act as an essential tool for the further development of nuclear safety and security regimes.
Published 22 Apr, 2011 12:00am
The Weather

The Weather

The weather report on Thursday (April 21, 2011) and the forecast for Friday (April 22, 2011).

Published 22 Apr, 2011 12:00am
Pakistan gets $1.114 billion under CSF in fiscal year 2010-11

Pakistan gets $1.114 billion under CSF in fiscal year 2010-11

Pakistan has received $1.114 billion under the Coalition Support Fund (CSF) in the current fiscal year 2010-11 while the amount released under Kerry-Lugar Bill by USA so far is $200 million despite its promise for $1.5 billion every year.
Published 22 Apr, 2011 12:00am
Bullion Rates

Bullion Rates

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

Published 22 Apr, 2011 12:00am
CoAS visits Mohmand Agency

CoAS visits Mohmand Agency

Chief of Army Staff (CoAS), General Ashfaq Parvez Kayani visited Mohmand Agency on Thursday. His visit coincides with successful beginning of Phase-2 of Operation Brekhna launched to clear Suran Sector adjoining Afghanistan border, said an ISPR press rele
Published 22 Apr, 2011 12:00am
Bullion Rates

Bullion Rates

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

Published 22 Apr, 2011 12:00am
Babar Awan calls on President

Babar Awan calls on President

Senator Dr Babar Awan on Thursday called on President Asif Ali Zardari here at the Aiwan-e-Sadr. During his meeting with the President, he updated President Zardari about the progress on recently filed reference under Article 186 of the Constitution to re
Published 22 Apr, 2011 12:00am
LHC calls record of two references against Malik

LHC calls record of two references against Malik

A full bench of the Lahore High Court here Thursday called record of two references against Rehman Malik for April 28 in which he was convicted and later pardoned by President. The petitioner Imtiaz Rasheed Qureshi, media co-ordinator of Save Judicial Com
Published 22 Apr, 2011 12:00am
World Earth Day today

World Earth Day today

Like many other countries, World Earth Day will also be celebrated in Pakistan on Friday (today) to create awareness about the importance of earth and clean environment. This year the theme of Earth Day is "Billion Acts of Green". In the provincial capita
Published 22 Apr, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 22 Apr, 2011 12:00am
Punjab government to eliminate curse of bounded labour: minister

Punjab government to eliminate curse of bounded labour: minister

Punjab Labour Minister Haji Ehsaan-ud-Din Qureshi has said that micro-credit scheme has been launched and Rs 40.8 million soft term loans have been distributed among the labourers. He said that Punjab government has initiated a comprehensive strategy to e
Published 22 Apr, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 22 Apr, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 22 Apr, 2011 12:00am
Some refineries refuse to resume supplies to PSO

Some refineries refuse to resume supplies to PSO

Some refineries have refused to resume supplies to Pakistan State Oil (PSO) until the government gives a firm commitment and schedule of payment due to them, Business Recorder has learnt. "We have received letters from Attock Refinery Limited (ARL)
Published 22 Apr, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

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

Published 22 Apr, 2011 12:00am
Kashmir body chief seeks support of EU MPs, Nato

Kashmir body chief seeks support of EU MPs, Nato

Chairman Kashmir Committee Maulana Fazalur Rehman on Thursday sought special attention of international stakeholders to help resolve the core issue of occupied Kashmir between India and Pakistan for lasting peace in the region.
Published 22 Apr, 2011 12:00am
India releases six Pakistani prisoners

India releases six Pakistani prisoners

India has released six Pakistani prisoners here on Thursday, and handed over to Pakistan Rangers officials at Wagha border. It may be mentioned here that these Pakistani prisoners had been arrested in violation of immigration laws and crossing the border
Published 22 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 (April 21, 2011).

Published 22 Apr, 2011 12:00am
Shujaat, Fazl discuss political situation

Shujaat, Fazl discuss political situation

Pakistan Muslim League-Q, President Chaudhry Shujaat Hussain on Thursday had a telephonic conversation with JUI Chief Maulana Fazl-ur- Rehman, who is currently in Belgium, and discussed with him matters pertaining to offer of PPP-led coalition government
Published 22 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 22 Apr, 2011 12:00am
LHC moved for reopening Ghazi Ilamdin case

LHC moved for reopening Ghazi Ilamdin case

A constitutional petition has been filed before the Lahore High Court (LHC) with a prayer to reopen the case of Ghazi Ilamdin Shaheed. Ghazi had killed a Hindu publisher for disgracing Holy Prophet Muhammad (PBUH) and was sentenced to death by the then En
Published 22 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 22 Apr, 2011 12:00am
Indian journalists visit PU

Indian journalists visit PU

A nine-member delegation of renowned Indian journalists from India's leading media organisation visited Punjab University on Thursday.
Published 22 Apr, 2011 12:00am
Chief minister Punjab visits Three Gorges Dam in China

Chief minister Punjab visits Three Gorges Dam in China

According to a message received from DGPR, Punjab Chief Minister, Muhammad Shahbaz Sharif has said that the agreement for Taunsa Power Project with the Chinese company, which built the biggest dam of the world, will prove to be a new chapter of foreign in
Published 22 Apr, 2011 12:00am
THE RUPEE: no big gap in kerb, interbank rates

THE RUPEE: no big gap in kerb, interbank rates

As a result of high inflows of dollar there was no major difference between the interbank and open market rates, money experts said. The rupee retained its firmness in relation to dollar gaining six paisa more for buying and selling at 84.35 and 84.40, th
Published 22 Apr, 2011 12:00am
THE RUPEE: no big gap in kerb, interbank rates

THE RUPEE: no big gap in kerb, interbank rates

As a result of high inflows of dollar there was no major difference between the interbank and open market rates, money experts said. The rupee retained its firmness in relation to dollar gaining six paisa more for buying and selling at 84.35 and 84.40, th
Published 22 Apr, 2011 12:00am
Sindh CNG stations to remain closed for 36 hours

Sindh CNG stations to remain closed for 36 hours

All CNG stations in Karachi and interior Sindh will close down from midnight of Friday 22 April 2011/Saturday 23 April 2011 till noon on Sunday 24 April 2011. This was agreed in a meeting between the SSGC top management and the elected representatives of
Published 22 Apr, 2011 12:00am
Sindh CNG stations to remain closed for 36 hours

Sindh CNG stations to remain closed for 36 hours

All CNG stations in Karachi and interior Sindh will close down from midnight of Friday 22 April 2011/Saturday 23 April 2011 till noon on Sunday 24 April 2011. This was agreed in a meeting between the SSGC top management and the elected representatives of
Published 22 Apr, 2011 12:00am
Sindh CNG stations to remain closed for 36 hours

Sindh CNG stations to remain closed for 36 hours

All CNG stations in Karachi and interior Sindh will close down from midnight of Friday 22 April 2011/Saturday 23 April 2011 till noon on Sunday 24 April 2011. This was agreed in a meeting between the SSGC top management and the elected representatives of
Published 22 Apr, 2011 12:00am
PIA to operate 13 New York flights without crew rest bunkers

PIA to operate 13 New York flights without crew rest bunkers

The Joint Action Committee of Pakistan International Airlines Employees (JACPIAE) has agreed to operate 13 flights from New York to Pakistan by an aircraft without crew rest bunkers due to grounding of one of the Boeing 777.
Published 22 Apr, 2011 12:00am
PIA to operate 13 New York flights without crew rest bunkers

PIA to operate 13 New York flights without crew rest bunkers

The Joint Action Committee of Pakistan International Airlines Employees (JACPIAE) has agreed to operate 13 flights from New York to Pakistan by an aircraft without crew rest bunkers due to grounding of one of the Boeing 777.
Published 22 Apr, 2011 12:00am
PIA to operate 13 New York flights without crew rest bunkers

PIA to operate 13 New York flights without crew rest bunkers

The Joint Action Committee of Pakistan International Airlines Employees (JACPIAE) has agreed to operate 13 flights from New York to Pakistan by an aircraft without crew rest bunkers due to grounding of one of the Boeing 777.
Published 22 Apr, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (April 21, 2011).

Published 22 Apr, 2011 12:00am
ADB Institute calls for Asia capital controls

ADB Institute calls for Asia capital controls

Asian countries should erect capital controls to counter an influx of hot money into the region, stoking worries over asset price bubbles, the Asian Development Bank Institute said Thursday. Masahiro Kawai, the dean and chief executive of the arm of Manil
Published 22 Apr, 2011 12:00am
ADB Institute calls for Asia capital controls

ADB Institute calls for Asia capital controls

Asian countries should erect capital controls to counter an influx of hot money into the region, stoking worries over asset price bubbles, the Asian Development Bank Institute said Thursday. Masahiro Kawai, the dean and chief executive of the arm of Manil
Published 22 Apr, 2011 12:00am
ADB Institute calls for Asia capital controls

ADB Institute calls for Asia capital controls

Asian countries should erect capital controls to counter an influx of hot money into the region, stoking worries over asset price bubbles, the Asian Development Bank Institute said Thursday. Masahiro Kawai, the dean and chief executive of the arm of Manil
Published 22 Apr, 2011 12:00am
Investment in Pakistan: Hafeez invites US business leaders

Investment in Pakistan: Hafeez invites US business leaders

Finance Minister Dr Abdul Hafeez Shaikh met with the top American corporate leaders and investors and invited them to avail tremendous business opportunities that a host of economic sectors offer in Pakistan. Shaikh, who travelled to New York at the concl
Published 22 Apr, 2011 12:00am
Investment in Pakistan: Hafeez invites US business leaders

Investment in Pakistan: Hafeez invites US business leaders

Finance Minister Dr Abdul Hafeez Shaikh met with the top American corporate leaders and investors and invited them to avail tremendous business opportunities that a host of economic sectors offer in Pakistan. Shaikh, who travelled to New York at the concl
Published 22 Apr, 2011 12:00am
Investment in Pakistan: Hafeez invites US business leaders

Investment in Pakistan: Hafeez invites US business leaders

Finance Minister Dr Abdul Hafeez Shaikh met with the top American corporate leaders and investors and invited them to avail tremendous business opportunities that a host of economic sectors offer in Pakistan. Shaikh, who travelled to New York at the concl
Published 22 Apr, 2011 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 22 Apr, 2011 12:00am
Supreme Court upholds LHC verdict in Mukhtara Mai case

Supreme Court upholds LHC verdict in Mukhtara Mai case

The Supreme Court on Thursday upheld Lahore High Court (LHC) verdict of acquitting five of the six accused in the gang rape case of Mukhtara Mai, the resilient woman who had gained international recognition and emerged as a symbol of the voiceless and opp
Published 22 Apr, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Apr, 2011 12:00am
Supreme Court upholds LHC verdict in Mukhtara Mai case

Supreme Court upholds LHC verdict in Mukhtara Mai case

The Supreme Court on Thursday upheld Lahore High Court (LHC) verdict of acquitting five of the six accused in the gang rape case of Mukhtara Mai, the resilient woman who had gained international recognition and emerged as a symbol of the voiceless and opp
Published 22 Apr, 2011 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 22 Apr, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 70.34 points, as the Index moved from 2549.06 to 2619
Published 22 Apr, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Apr, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 70.34 points, as the Index moved from 2549.06 to 2619
Published 22 Apr, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 22 Apr, 2011 12:00am
Bullish sentiments dominate on LSE

Bullish sentiments dominate on LSE

Bullish sentiments continued for the second consecutive day on the Lahore Stock Exchange (LSE) on Thursday where equities extended further gains amid increased trading turnover. The LSE-25 index was increased by 31.98 points to close at 3274.96 points aga
Published 22 Apr, 2011 12:00am
Bullish sentiments dominate on LSE

Bullish sentiments dominate on LSE

Bullish sentiments continued for the second consecutive day on the Lahore Stock Exchange (LSE) on Thursday where equities extended further gains amid increased trading turnover. The LSE-25 index was increased by 31.98 points to close at 3274.96 points aga
Published 22 Apr, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 22 Apr, 2011 12:00am
Pasha ranked 17th in Time Magazine's 100 most influential people

Pasha ranked 17th in Time Magazine's 100 most influential people

Director General Inter Services Intelligence (ISI) Ahmed Shuja Pasha was ranked No 17 in the poll of 100 most influential people released by Times Magazine, while Egypt's youth leader Wael Ghonim bagged the top most influential person, Aaj News rep
Published 22 Apr, 2011 12:00am
Abbas in Paris as France mulls recognising Palestine

Abbas in Paris as France mulls recognising Palestine

President Nicolas Sarkozy hosted Palestinian leader Mahmud Abbas in Paris on Thursday as France told the United Nations that Europe was considering giving formal recognition to a Palestinian state.
Published 22 Apr, 2011 12:00am
BRIndex30 up by 28.47 points

BRIndex30 up by 28.47 points

On Thursday, BRIndex30 opened at 8,745.82. It touched an intraday high of 8,804.07 and an intraday low of 8,704.83 and closed at 8,774.29 which was 28.47 points or 0.33 percent higher than previous close. Total volume was 44,972,573, which was 63.24 perce
Published 22 Apr, 2011 12:00am
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