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May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-04-23
Women empowerment need of the hour

Women empowerment need of the hour

The widespread inflation and rising unemployment in Pakistan has witnessed a major shift in the traditional mindset of the male members of our society. They are now more accommodating to the idea of their women aspiring to contribute to the family's needs
Published 23 Apr, 2011 12:00am
Izhar appointed as vice-Chairman for National Peace Council

Izhar appointed as vice-Chairman for National Peace Council

Izhar Ahmed Khan, Ex. Advisor and well known immigration legal advisor has been appointed as vice-Chairman Pakistan for the National Peace and Justice Council of Pakistan. He expressed his thanks to the Prime Minister, Federal Minister of Law and Parliame
Published 23 Apr, 2011 12:00am
Emergency section inaugurated: Prime Minister praises JPMC's role

Emergency section inaugurated: Prime Minister praises JPMC's role

Prime Minister Syed Yousuf Raza Gilani has urged the provinces to focus on building their capacity for effective delivery of health services at the grassroots level. He was speaking at the inaugural ceremony of the newly expanded and renovated Accident an
Published 23 Apr, 2011 12:00am
Call to check misuse of drugs

Call to check misuse of drugs

"Adequate measures should be taken to check the misuse of any drug including antibiotics and their irrational use should be prevented at federal and provincial levels", said Dr Assad Hafeez, Director General of Ministry of Health during a seminar, here on
Published 23 Apr, 2011 12:00am
Trans-LoC bus service suspended

Trans-LoC bus service suspended

The Srinagar-Muzaffarabad bus service was suspended following landslides at Chakothi and other places. According to Kashmir Media Service, the weekly bus service between divided parts of Kashmir was suspended on Thursday. "The bus service between occupied
Published 23 Apr, 2011 12:00am
Nato supply truck driver shot dead

Nato supply truck driver shot dead

Gunmen killed a Nato supply truck driver on Friday after opening fire on a convoy heading to Afghanistan from Pakistan, officials said. An unknown number of attackers on motorcycles signalled for the convoy to stop and opened fire after drivers ignored th
Published 23 Apr, 2011 12:00am
Correction

Correction

Apropos a news item 'NRL profit after tax increases to Rs 1,709.985m' carried by Business Recorder on 20.04.2011, the Earning per Share (EPS) was published as Rs 80.60 instead of Rs 60.60. The error is regretted.
Published 23 Apr, 2011 12:00am
Main principles of Islamic finance

Main principles of Islamic finance

Islamic finance has become a force in its own right, especially in the emerging markets of Asia and the Middle East. However, this has not been without its fair share of ups and downs. The industry suffered the after-effects of the global financial crisis
Published 23 Apr, 2011 12:00am
Tax and the macroeconomic situation

Tax and the macroeconomic situation

We only raise about 8-9 percent of our GDP as tax. This is definitely not enough for the government, to sustain all the expenditures that we, as a society, want to incur. We need to move to above 15% of GDP or so to ensure adequate coverage of the needed
Published 23 Apr, 2011 12:00am
Equity and equality

Equity and equality

It is an old saying that the soil grows castes and the machine makes classes. So whichever way one considers the social system is at odds with the concepts of equity and equality. Pakistan has its own brand of meritocracy. Examine the last scene and you w
Published 23 Apr, 2011 12:00am
Expanding foreign intervention in Libya

Expanding foreign intervention in Libya

While the US is grappling with its problems elsewhere in the world - focusing mainly on ending its war in Afghanistan - Britain, France and Italy have been busy fanning the flames of a new conflict in Libya. Armed with a UNSC resolution, these countries h
Published 23 Apr, 2011 12:00am
Fuel subsidies

Fuel subsidies

The Federal Minister for Water and Power, Syed Naveed Qamar, while on a visit to Kuwait, was reported to have said that the government of Pakistan would be unable to afford fuel subsidies this summer.
Published 23 Apr, 2011 12:00am
Sindh Governor, chief minister condole Moin Akhtar's death

Sindh Governor, chief minister condole Moin Akhtar's death

Governor Sindh, Dr Ishrat-ul-Ebad Khan and Chief Minister, Qaim Ali Shah expressed deep sorrow and grief over the demise off renowned artist Moin Akhtar In a condolence message here on Friday evening, the governor said that the deceased was a versatile an
Published 23 Apr, 2011 12:00am
From A Ringside Seat

From A Ringside Seat

The reaction against the acquittal of five out of six people allegedly involved in the gang rape case of Mukhtaran Mai was swift with much of the anger directed towards prosecution. The anger against prosecution was ostensible because it failed to establi
Published 23 Apr, 2011 12:00am
India's Modi ignored Muslim killings: report

India's Modi ignored Muslim killings: report

A senior Indian police officer has accused Gujarat state chief minister Narendra Modi of complicity in the massacre of Muslims during riots which swept the state in 2002, a report said Friday. In an affidavit filed in India's Supreme Court the officer, Sa
Published 23 Apr, 2011 12:00am
US urged to review drone policy

US urged to review drone policy

Pakistan and the United States on Friday voiced confidence in taking their strategic partnership forward even as Foreign Secretary Salman Bashir urged a review of the drone attacks strategy in pursuit of militants that may be hiding on Pakistani side of t
Published 23 Apr, 2011 12:00am
US urged to review drone policy

US urged to review drone policy

Pakistan and the United States on Friday voiced confidence in taking their strategic partnership forward even as Foreign Secretary Salman Bashir urged a review of the drone attacks strategy in pursuit of militants that may be hiding on Pakistani side of t
Published 23 Apr, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Apr, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 23 Apr, 2011 12:00am
CCP charging very nominal fee for M&As

CCP charging very nominal fee for M&As

The Competition Commission of Pakistan (CCP) is charging very nominal fee for mergers and acquisition as compared to India and other regional countries, which reflects commission's mandate to reduce the cost of doing business and speed up economic activit
Published 23 Apr, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Apr, 2011 12:00am
CCP charging very nominal fee for M&As

CCP charging very nominal fee for M&As

The Competition Commission of Pakistan (CCP) is charging very nominal fee for mergers and acquisition as compared to India and other regional countries, which reflects commission's mandate to reduce the cost of doing business and speed up economic activit
Published 23 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 23 Apr, 2011 12:00am
CCP charging very nominal fee for M&As

CCP charging very nominal fee for M&As

The Competition Commission of Pakistan (CCP) is charging very nominal fee for mergers and acquisition as compared to India and other regional countries, which reflects commission''s mandate to reduce the cost of doing business and speed up economic activi
Published 23 Apr, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Apr, 2011 12:00am
CCP sets up its 'internal audit department'

CCP sets up its 'internal audit department'

The Competition Commission of Pakistan (CCP) has created the department of 'internal audit' with the aim to ensure transparency in the affairs of the Commission. According to the Annual Report-2010 of the CCP, issued here on Friday, there were two main re
Published 23 Apr, 2011 12:00am
Presentation

Presentation

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

Published 23 Apr, 2011 12:00am
CCP sets up its 'internal audit department'

CCP sets up its 'internal audit department'

The Competition Commission of Pakistan (CCP) has created the department of 'internal audit' with the aim to ensure transparency in the affairs of the Commission. According to the Annual Report-2010 of the CCP, issued here on Friday, there were two main re
Published 23 Apr, 2011 12:00am
CCP sets up its ''internal audit department''

CCP sets up its ''internal audit department''

The Competition Commission of Pakistan (CCP) has created the department of ''internal audit'' with the aim to ensure transparency in the affairs of the Commission. According to the Annual Report-2010 of the CCP, issued here on Friday, there were two main
Published 23 Apr, 2011 12:00am
GoP Ijara Sukuk: holding limit enhanced

GoP Ijara Sukuk: holding limit enhanced

The State Bank of Pakistan has increased the maximum holding limit of GoP Ijara Sukuk for Islamic and conventional banks having Islamic banking branches to 35 percent of the issue amount with immediate effect. Earlier, this maximum holding limit for all b
Published 23 Apr, 2011 12:00am
GoP Ijara Sukuk: holding limit enhanced

GoP Ijara Sukuk: holding limit enhanced

The State Bank of Pakistan has increased the maximum holding limit of GoP Ijara Sukuk for Islamic and conventional banks having Islamic banking branches to 35 percent of the issue amount with immediate effect. Earlier, this maximum holding limit for all b
Published 23 Apr, 2011 12:00am
GoP Ijara Sukuk: holding limit enhanced

GoP Ijara Sukuk: holding limit enhanced

The State Bank of Pakistan has increased the maximum holding limit of GoP Ijara Sukuk for Islamic and conventional banks having Islamic banking branches to 35 percent of the issue amount with immediate effect. Earlier, this maximum holding limit for all b
Published 23 Apr, 2011 12:00am
GoP Ijara Sukuk: holding limit enhanced

GoP Ijara Sukuk: holding limit enhanced

The State Bank of Pakistan has increased the maximum holding limit of GoP Ijara Sukuk for Islamic and conventional banks having Islamic banking branches to 35 percent of the issue amount with immediate effect. Earlier, this maximum holding limit for all b
Published 23 Apr, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (April 22, 2011).

Published 23 Apr, 2011 12:00am
Index gains 30.78 points

Index gains 30.78 points

The KSE-100 index gained 30.78 points to close at 11,954.37 points on Friday on the back of continuous interest of the investors. The market opened on a positive note and the index breached through 12,000 points level to 12,024.72 points intra-day high le
Published 23 Apr, 2011 12:00am
Index gains 30.78 points

Index gains 30.78 points

The KSE-100 index gained 30.78 points to close at 11,954.37 points on Friday on the back of continuous interest of the investors. The market opened on a positive note and the index breached through 12,000 points level to 12,024.72 points intra-day high le
Published 23 Apr, 2011 12:00am
Index gains 30.78 points

Index gains 30.78 points

The KSE-100 index gained 30.78 points to close at 11,954.37 points on Friday on the back of continuous interest of the investors. The market opened on a positive note and the index breached through 12,000 points level to 12,024.72 points intra-day high le
Published 23 Apr, 2011 12:00am
BRIndex30 up 15.11 points

BRIndex30 up 15.11 points

On Friday, the BRIndex30 opened at 8,774.29 points. It touched the intra-day high of 8,860.68 points and low of 8,774.26 points and closed at 8,789.40 points with a net positive change of 15.11 points, or 0.17 percent higher than previous close.
Published 23 Apr, 2011 12:00am
BRIndex30 up 15.11 points

BRIndex30 up 15.11 points

On Friday, the BRIndex30 opened at 8,774.29 points. It touched the intra-day high of 8,860.68 points and low of 8,774.26 points and closed at 8,789.40 points with a net positive change of 15.11 points, or 0.17 percent higher than previous close.
Published 23 Apr, 2011 12:00am
Imran asks nation to stand up against US drone attacks

Imran asks nation to stand up against US drone attacks

Chairman, Pakistan Tehrik-e-Insaf (PTI), Imran Khan on Friday urged the entire nation to raise their voice against the US drone attacks in the tribal areas, as the party's two-day sit-in (Dharna) going to start today (Saturday) at Bagh-e-Naran, Peshawar,
Published 23 Apr, 2011 12:00am
Veteran artiste Moin Akhter passes away

Veteran artiste Moin Akhter passes away

A renowned television artiste, comedian and compere Moin Akhter passed away here after suffering a heart attack on Friday. He will be buried in Model Colony graveyard in Malir after Zohr prayers Saturday, his family sources said. Moin Akhtar, aged 60, als
Published 23 Apr, 2011 12:00am
THE RUPEE: dollar pushed lower

THE RUPEE: dollar pushed lower

Steady trend was seen on the currency market on Friday as the rupee managed to recover versus dollar and euro, experts said. The rupee gained 11 paisa in terms of dollar for buying at 84.24 and rose by 12 paisa for selling at 84.28, they said.
Published 23 Apr, 2011 12:00am
Veteran artiste Moin Akhter passes away

Veteran artiste Moin Akhter passes away

A renowned television artiste, comedian and compere Moin Akhter passed away here after suffering a heart attack on Friday. He will be buried in Model Colony graveyard in Malir after Zohr prayers Saturday, his family sources said. Moin Akhtar, aged 60, als
Published 23 Apr, 2011 12:00am
THE RUPEE: dollar pushed lower

THE RUPEE: dollar pushed lower

Steady trend was seen on the currency market on Friday as the rupee managed to recover versus dollar and euro, experts said. The rupee gained 11 paisa in terms of dollar for buying at 84.24 and rose by 12 paisa for selling at 84.28, they said.
Published 23 Apr, 2011 12:00am
Hubco appoints new CEO

Hubco appoints new CEO

The board of directors of Hub Power Company Ltd (Hubco) has appointed Zafar Iqbal Sobani as the Chief Executive Officer (CEO) of the company with effect from July 1, for three years in place of Vince R. Harris. According to a communiqué despatched to KSE
Published 23 Apr, 2011 12:00am
Hubco appoints new CEO

Hubco appoints new CEO

The board of directors of Hub Power Company Ltd (Hubco) has appointed Zafar Iqbal Sobani as the Chief Executive Officer (CEO) of the company with effect from July 1, for three years in place of Vince R. Harris. According to a communiqué despatched to KSE
Published 23 Apr, 2011 12:00am
Hubco appoints new CEO

Hubco appoints new CEO

The board of directors of Hub Power Company Ltd (Hubco) has appointed Zafar Iqbal Sobani as the Chief Executive Officer (CEO) of the company with effect from July 1, for three years in place of Vince R. Harris. According to a communiqué despatched to KSE
Published 23 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 22, 2011).

Published 23 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 22, 2011).

Published 23 Apr, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (April 22, 2011).

Published 23 Apr, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (April 22, 2011) and for Saturday (April 22, 2011).
Published 23 Apr, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (April 22, 2011).

Published 23 Apr, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 19, 2011.

Published 23 Apr, 2011 12:00am
Three Cups of Tea author 'to be sued': BBC

Three Cups of Tea author 'to be sued': BBC

A director at a Pakistani think-tank said Thursday he is to sue US author Greg Mortensen over alleged inaccuracies in the follow-up to his best-selling book, "Three Cups of Tea". Mansur Khan is to take action over a picture in the "Stones into Schools" se
Published 23 Apr, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 19, 2011.

Published 23 Apr, 2011 12:00am
Three Cups of Tea author 'to be sued': BBC

Three Cups of Tea author 'to be sued': BBC

A director at a Pakistani think-tank said Thursday he is to sue US author Greg Mortensen over alleged inaccuracies in the follow-up to his best-selling book, "Three Cups of Tea". Mansur Khan is to take action over a picture in the "Stones into Schools" se
Published 23 Apr, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 19, 2011.

Published 23 Apr, 2011 12:00am
PNSC acquires supramax bulk carrier M V Hyderabad

PNSC acquires supramax bulk carrier M V Hyderabad

Pakistan National Shipping Corporation (PNSC) on Thursday acquired a supramax bulk carrier named "Hyderabad" for its subsidiary company, Hyderabad Shipping (Private) Limited. The M V HYDERABAD is 52,951 metric tonnes dead-weight; supramax bulk carrier bui
Published 23 Apr, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 23 Apr, 2011 12:00am
PNSC acquires supramax bulk carrier M V Hyderabad

PNSC acquires supramax bulk carrier M V Hyderabad

Pakistan National Shipping Corporation (PNSC) on Thursday acquired a supramax bulk carrier named "Hyderabad" for its subsidiary company, Hyderabad Shipping (Private) Limited. The M V HYDERABAD is 52,951 metric tonnes dead-weight; supramax bulk carrier bui
Published 23 Apr, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 23 Apr, 2011 12:00am
PNSC acquires supramax bulk carrier M V Hyderabad

PNSC acquires supramax bulk carrier M V Hyderabad

Pakistan National Shipping Corporation (PNSC) on Thursday acquired a supramax bulk carrier named "Hyderabad" for its subsidiary company, Hyderabad Shipping (Private) Limited. The M V HYDERABAD is 52,951 metric tonnes dead-weight; supramax bulk carrier bui
Published 23 Apr, 2011 12:00am
Gold, silver prices touch new peaks

Gold, silver prices touch new peaks

Gold and silver prices on Friday touched new peaks of Rs 47,550 per tola of gold and Rs 1620 per tola of silver on local market, traders said. Gold prices went up by Rs 50 per tola from Rs 47500 and Rs 43 per 10 grams to Rs 40757 from Rs 40714, traders sa
Published 23 Apr, 2011 12:00am
ChenOne store opens in diplomatic enclave

ChenOne store opens in diplomatic enclave

ChenOne is one of the leading fashion brands of Pakistan. Recently it had launched its new store at diplomatic enclave Islamabad and Prime Minister Syed Yousuf Raza Gilani inaugurated the store. Chenab group is making its name not only in Pakistan but is
Published 23 Apr, 2011 12:00am
Sialkot may get EPZ status

Sialkot may get EPZ status

The government may declare Sialkot city as Export Processing Zone (EPZ) which will help organise the informal sector of the economy and increase exports, it was learnt. Sources said that the Engineering Development Board (EDB) has decided to take up the m
Published 23 Apr, 2011 12:00am
Girl dies in landmine blast, tribal elder killed

Girl dies in landmine blast, tribal elder killed

A young girl was killed when she stepped over a land mine near her house in Adin Khel area of Lakro on Friday. According to official sources, 8-year-old Javeria, daughter of Sher Muhammad was killed as a result of landmine blast, which was planted by misc
Published 23 Apr, 2011 12:00am
AJK chief secretary bans media briefings

AJK chief secretary bans media briefings

Azad Jammu and Kashmir (AJK) Chief Secretary Arbab Shahzad has directed the state government officials not to give media briefing without prior permission. AJK Services and General Administration on Friday issued a notification, in which, the Chief Secret
Published 23 Apr, 2011 12:00am
Fata education sector: call to allocate additional Rs 1.08 billion

Fata education sector: call to allocate additional Rs 1.08 billion

A child rights organisation has called for additional allocation of rupees 1.08 billion for provision of basic education facilities in Federally Administered Tribal Areas (Fata), saying education is the worst affected sector in the tribal belt.
Published 23 Apr, 2011 12:00am
Agricultural research centres: Prime Minister thanks China

Agricultural research centres: Prime Minister thanks China

Prime Minister Syed Yousuf Raza Gilani on Friday thanked China for its plan to set up agricultural research and demonstration centres in Pakistan. Talking to the Ambassador of China Liu Jian here at the PM House, he asked the Chinese ambassador to set-up
Published 23 Apr, 2011 12:00am
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