AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)
Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-04-27
Poor, deserving students: GCU, PEP ink agreement to provide scholarships

Poor, deserving students: GCU, PEP ink agreement to provide scholarships

Government College University Lahore Endowment Fund Trust has signed a Memorandum of Understanding (MoU) "Help the Helpless" with an American-based educational foundation, Promotion of Education in Pakistan (PEP), USA to give scholarships to the poor and
Published 27 Apr, 2011 12:00am
Punjab opposition MPAs criticise wheat procurement

Punjab opposition MPAs criticise wheat procurement

'Time is money' is an old cliché that the provincial parliamentarians are not familiar with while they cost the provincial exchequer Rs 10.2 million to debate on wheat procurement that should have been done a few months back during the one-day session of
Published 27 Apr, 2011 12:00am
Country's largest book fair in PU from May 12

Country's largest book fair in PU from May 12

Punjab University Vice-Chancellor, Professor Dr Mujahid Kamran presided over a meeting on Tuesday for holding the largest book fair of the country. The three-day book fair will be held from May 12-14 at the main corridor of Institute of Education & Resear
Published 27 Apr, 2011 12:00am
Irsa to give due share of water to Khyber Pakhtunkhwa

Irsa to give due share of water to Khyber Pakhtunkhwa

Members of Indus River System Authority (Irsa) visited Chashma Right Bank Canal (CRBC) on river Indus in Dera Ismail Khan district on Tuesday to ensure provision of irrigation water to Khyber Pakhtunkhwa (KP) according to its share under 1991 water distri
Published 27 Apr, 2011 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The growing public anger against the drone strikes, crystallised by the two-day dharna call by the Tehrik-e-Insaaf chief Imran Khan in Peshawar, compelled many a politicians to express their concerns over the strikes in the parliament. Since discussion on
Published 27 Apr, 2011 12:00am
Government taking steps to overcome power shortage, says Gilani

Government taking steps to overcome power shortage, says Gilani

Prime Minister Syed Yousuf Raza Gilani on Tuesday said the government was taking steps to overcome power shortage with the same determination with which it achieved self-sufficiency in wheat production. Addressing National Conference on Intellectual Prope
Published 27 Apr, 2011 12:00am
OGDC board may scrap $186 million Uch-II tender

OGDC board may scrap $186 million Uch-II tender

The Board of Directors (BoD) of Oil and Gas Development Company (OGDC) may scrap the tender of $186 million engineering, procurement and construction (EPC) contract for Uch-II development project in its meeting scheduled for Wednesday. The National Assemb
Published 27 Apr, 2011 12:00am
'Daanish schools to usher in new era of progress'

'Daanish schools to usher in new era of progress'

Punjab Chief Minister, Muhammad Shahbaz Sharif has said that setting up of Daanish schools will usher in a new era of progress in the backward and far-flung areas while extremism, illiteracy and poverty will also be eliminated. He said that students of Da
Published 27 Apr, 2011 12:00am
Hanif Adamjee passes away

Hanif Adamjee passes away

Hanif Adamjee, former chairman of Adamjee Insurance Company, died here on Tuesday. He was 84. He leaves behind his wife, three sons and two daughters to mourn his death. He was the eldest son of late Wahid Adamjee. His funeral prayer would be held on Wedn
Published 27 Apr, 2011 12:00am
13 accused in Mukhtaran Mai case released

13 accused in Mukhtaran Mai case released

Thirteen persons who were under trial in Mukhtaran Mai gang rape case were released after the Supreme Court verdict here on Tuesday. According to details, the Lahore High Court had ordered the release of thirteen under trial accused involved in Mukhtar Ma
Published 27 Apr, 2011 12:00am
NICL scam: LHC adjourns hearing of bail petition

NICL scam: LHC adjourns hearing of bail petition

A division bench of the Lahore High Court here on Tuesday adjourned the hearing of a bail petition of Muhammad Maalick, manager of Moonis Elahi, involved in National Insurance Company Limited (NICL) scam. Earlier when the bench resumed hearing, a special
Published 27 Apr, 2011 12:00am
Beacon House University report sees serious financial crisis in 2012-13

Beacon House University report sees serious financial crisis in 2012-13

Foreign exchange reserves may come down, equivalent to only two months of imports, by the end of year 2012-13, and there could be a serious financial crisis in the country by the second half of 2012-13 on the eve of next general elections. This would happ
Published 27 Apr, 2011 12:00am
PML-N, PML-Q flay drone attacks

PML-N, PML-Q flay drone attacks

The PML-N and PML-Q opposition members in the National Assembly strongly criticised the drone attacks in the presence of 13-member US Congressional delegation of the State of Georgia in speaker's gallery of the House on Tuesday. When the delegation entere
Published 27 Apr, 2011 12:00am
People in South Punjab facing prolonged power outages

People in South Punjab facing prolonged power outages

Prolonged power outages have badly affected the lives of people in Multan, Bahawalpur, Khanewal, Vehari, Muzaffargarh, Lodhran, Pakpattan, Dera Ghazi Khan, Rahimyarkhan, Sadiqabad, Bahawalnagar where temperature has shoot to 43 degree Celsius.
Published 27 Apr, 2011 12:00am
Performance audit of health department officers to be conducted

Performance audit of health department officers to be conducted

Secretary Health Punjab Muhammad Jehanzeb Khan has said that the officers of the health department would have to work with more responsibility and dedication to establish their trust in general public by paying special focus on service delivery. He said t
Published 27 Apr, 2011 12:00am
Iranian CG meets former Jamaat-i-Islami chief

Iranian CG meets former Jamaat-i-Islami chief

Iranian Consul General, Muhammad Husain Asadi called on former chief of Jamaat-i-Islami, Qazi Husain Ahmed at Mansoora on Tuesday and exchanged views with him on matters of bilateral interest. The two leaders underscored the need for greater exchange of d
Published 27 Apr, 2011 12:00am
Karachi among five poorest districts of Sindh

Karachi among five poorest districts of Sindh

Believe it or not, Karachi, which is the industrial and commercial hub of the country and contributing around 68 per cent of the revenue to national exchequer, is among the five poorest districts of Sindh. According to a paper of Benazir Bhutto Shaheed Yo
Published 27 Apr, 2011 12:00am
Development projects: Mintex demands Rs 200 million in 2011-12 budget

Development projects: Mintex demands Rs 200 million in 2011-12 budget

The Textile Ministry (Mintex) has demanded Rs 200 million for development expenditure in the budget for 2011-12, it is learnt. According to documents available with Business Recorder, Mintex has targeted two areas--infrastructure development, and human re
Published 27 Apr, 2011 12:00am
Balochistan Constabulary personnel killed in landmine blast

Balochistan Constabulary personnel killed in landmine blast

One constable of Balochistan Constabulary was killed and three others sustained injuries when their vehicle struck a landmine in Chattar on Tuesday. Balochistan Constabulary personnel were on routine patrol in Chattar area of District Nasirabad when their
Published 27 Apr, 2011 12:00am
Summit Bank, Xpress Money ink agreement

Summit Bank, Xpress Money ink agreement

An agreement to facilitate Pakistanis residing abroad to send home remittances has been signed between Summit Bank (formerly Arif Habib Bank) and Xpress Money. Both companies have joined hands to promote remittances in Pakistan by offering a free remittan
Published 27 Apr, 2011 12:00am
Samba Bank posts Rs 22.384 million profit

Samba Bank posts Rs 22.384 million profit

Samba Bank Limited has posted Rs 22.384 million as profit after tax in the quarter ended March 31, 2011 as compared to after tax loss of Rs 64.301 million recorded in the corresponding period in 2010. The board of directors of the bank in its meeting held
Published 27 Apr, 2011 12:00am
The Weather

The Weather

The weather report on Tuesday (April 26, 2011) and the forecast for Wednesday (April 27, 2011).

Published 27 Apr, 2011 12:00am
Samba Bank posts Rs 22.384 million profit

Samba Bank posts Rs 22.384 million profit

Samba Bank Limited has posted Rs 22.384 million as profit after tax in the quarter ended March 31, 2011 as compared to after tax loss of Rs 64.301 million recorded in the corresponding period in 2010. The board of directors of the bank in its meeting held
Published 27 Apr, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (April 26, 2011).

Published 27 Apr, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (April 26, 2011).

Published 27 Apr, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (April 26, 2011).

Published 27 Apr, 2011 12:00am
OGDCL board takes up EDs appointment issue today

OGDCL board takes up EDs appointment issue today

The Board of Directors (BoDs) of Oil and Gas Development Company Limited (OGDCL) scheduled to meet today (Wednesday) will consider 'shabby appointment' of Executive Directors (EDs) despite the protest by some senior General Managers (GMs) alleging usurpat
Published 27 Apr, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (April 26, 2011) and for Wednesday (April 27, 2011).
Published 27 Apr, 2011 12:00am
Donation of human organs: doctors asked to create awareness among masses

Donation of human organs: doctors asked to create awareness among masses

Punjab Labour Minister Haji Ehsanuddin Qureshi has asked the doctors' community to create awareness among the masses regarding donation of human organs to save the ailing humanity. He said that 50 thousand people die each year because of kidney failure, 1
Published 27 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 26, 2011).

Published 27 Apr, 2011 12:00am
Ghurki okays draft Climate Change Policy

Ghurki okays draft Climate Change Policy

Federal Minister for Environment and Women Development Samina Khalid Ghurki has in principle approved the Draft of Climate Change Policy while chairing a Core Group Meeting on Climate Change here on Tuesday.
Published 27 Apr, 2011 12:00am
JCSC meeting held

JCSC meeting held

The Joint Chiefs of Staff Committee (JCSC) Meeting was held here at the Joint Staff Headquarters on Tuesday with General Khalid Shameem Wynne, Chairman Joint Chiefs of Staff Committee in the chair.
Published 27 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 26, 2011).

Published 27 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 26, 2011).

Published 27 Apr, 2011 12:00am
MPAs call on chief minister Punjab

MPAs call on chief minister Punjab

Assembly Members belonging to various districts met Punjab Chief Minister Muhammad Shahbaz Sharif here on Tuesday and apprised him of ongoing development projects and the problems of their respective areas. Talking to the elected representatives, the Chie
Published 27 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 26, 2011).

Published 27 Apr, 2011 12:00am
Government urged to increase cultivation area of Kharif crops

Government urged to increase cultivation area of Kharif crops

The government should increase the areas for important Kharif crops and ensure the availability of agricultural inputs including fertilisers, water and certified seeds to get maximum yield. Agricultural experts while talking to Business Recorder he
Published 27 Apr, 2011 12:00am
Rs 14.34 billion sales tax scam unearthed

Rs 14.34 billion sales tax scam unearthed

The Directorate General of Intelligence and Investigation Federal Board of Revenue (FBR) has unearthed a mega sales tax scam of Rs 14.34 billion at Karachi involving 155 dummy/fictitious firms/companies in issuance of fake/flying invoices to over 5,000 re
Published 27 Apr, 2011 12:00am
Ogra chairman hints at increase in POL prices

Ogra chairman hints at increase in POL prices

Tauqeer Sadiq, Chairman, Oil and Gas Regulatory Authority (Ogra), has said that in wake of the increasing trend in the international market, there are possibilities of increase in petroleum products' prices in Pakistan as well.
Published 27 Apr, 2011 12:00am
Collection of property tax by TMA gives positive results

Collection of property tax by TMA gives positive results

Collection of one percent tax on transfer of immovable property in the province through Tehsil Municipal Administration (TMA) staff instead of contractors has given positive results. The Punjab Local Government Department has managed to collect 30 percent
Published 27 Apr, 2011 12:00am
BISP yet to get $174 million under Kerry-Lugar bill

BISP yet to get $174 million under Kerry-Lugar bill

An amount of $174 million has been earmarked for Benazir Income Support Programme (BISP) in the Kerry-Lugar Bill, which is still awaited on the other hand the programme is expecting local allocation of Rs 100 billion in the upcoming budget 2011-12.
Published 27 Apr, 2011 12:00am
Combating terrorism must for national development: Shahbaz

Combating terrorism must for national development: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif has said that Pakistan is passing through the most critical phase of its history and facing challenges of terrorism and extremism. He said that the objective of national progress and development couldn't be ac
Published 27 Apr, 2011 12:00am
Zakat committees in 29 districts: names of chairmen approved

Zakat committees in 29 districts: names of chairmen approved

Provincial Zakat Council Punjab in its 129th meeting has accorded approval to the names of Chairmen Zakat Committees of as many as 29 districts of the province under section 16(4) of Zakat and Usher (amended) Ordinance 1997. Each Chairman of District Zaka
Published 27 Apr, 2011 12:00am
Protest against loadshedding

Protest against loadshedding

People staged a protest demonstration against electricity loadshedding in Shahdara area here on Tuesday. A large number of people of Kot Abdul Malik and Shahdara gathered at GT Road, burnt tyres and blocked the road for about one hour. The participants we
Published 27 Apr, 2011 12:00am
Attack on Navy buses condemned

Attack on Navy buses condemned

Sindh Minister for Information Sharjeel Inam Memon has strongly condemned blasts in Defence and Baldia Areas of the city and expressed his sympathies with the victims and their families. During his visit to the sites of blasts here on Tuesday, he said tha
Published 27 Apr, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (April 26, 2011).

Published 27 Apr, 2011 12:00am
NIE initiates BMR project to set up laboratories

NIE initiates BMR project to set up laboratories

National Institute of Electronics (NIE) on Tuesday initiated a balancing, modernisation and rehabilitation project (BMR project) for construction of a new building at its premises, under which new laboratories will be established. These labs will be estab
Published 27 Apr, 2011 12:00am
Huge quantity of foreign liquor seized

Huge quantity of foreign liquor seized

Pakistan Coast Guards (PCG) raided Monday night 'kumb' area near Pasni port in Balochistan and recovered huge quantity of foreign liquor. According to an announcement made here by the spokesman of PCG on Tuesday, PCG personnel seized 2,586 bottles of fore
Published 27 Apr, 2011 12:00am
Chinese institutions: number of Pakistani students to be increased

Chinese institutions: number of Pakistani students to be increased

Ambassador Masood Khan has said here that at present six thousand Pakistani students were studying in China and the immediate goals is to increase these numbers to twelve thousand. Talking to the President of Honder College of Inner Mongolia Normal Univer
Published 27 Apr, 2011 12:00am
Transfers & postings in Punjab

Transfers & postings in Punjab

The Punjab government on Tuesday transferred and posted senior government officials. According to a notification, Muhammad Ashraf, District Co-ordination Officer, Vehari, has been transferred and posted as Director General, Faisalabad Development Authorit
Published 27 Apr, 2011 12:00am
'Brands in Pakistan are under threat'

'Brands in Pakistan are under threat'

Chief Executive Officer and Managing Director (MD) Pakistan Tobacco Company Nicholas Stewart Hales has said that brands in Pakistan are under threat from the counterfeit industry. While addressing IPR on Tuesday, he said, "Counterfeit industry is in fact
Published 27 Apr, 2011 12:00am
Sparc to launch report on status of children on April 28

Sparc to launch report on status of children on April 28

Society for Protection of Rights of the Child (Sparc) would launch the annual report on 'The State of Pakistan's Children 2010' on April 28. 'The State of Pakistan's Children 2010' is Sparc's 15th annual publication which examines the condition of childre
Published 27 Apr, 2011 12:00am
Presentation

Presentation

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

Published 27 Apr, 2011 12:00am
Short supply of fuel triggers power crisis

Short supply of fuel triggers power crisis

Two times short supply of fuel to the thermal units of Pepco has triggered power crisis in the country. Reliable sources said non-availability of furnace oil due to lack of funds is hampering all efforts to overcome widening demand-supply gap. Presently,
Published 27 Apr, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 27 Apr, 2011 12:00am
Prime Minister approves transfers, postings of officers

Prime Minister approves transfers, postings of officers

Prime Minister Syed Yusuf Raza Gilani on Tuesday approved posting and transfers of officers with immediate effect. The notifications have been issued by the Establishment Division. Muhammad Ejaz Chaudhry, a BS-22 Officer of Secretariat Group, presently po
Published 27 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 27 Apr, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 27 Apr, 2011 12:00am
Composition of JC against constitution: SCBA President

Composition of JC against constitution: SCBA President

Supreme Court Bar Association (SCBA) President Asma Jahangir questioning the legality of the Judicial Commission, said composition of Judicial Commission was against the constitutional provisions.
Published 27 Apr, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 27 Apr, 2011 12:00am
Black money comes mainly from India: Assange

Black money comes mainly from India: Assange

At a stage where governments around the world have tried to hide away from the embarrassment caused by WikiLeaks expose on black money, founder Julian Assange speaks exclusively to Times Now''s editor-in-chief Arnab Goswami on the Swiss bank data and feat
Published 27 Apr, 2011 12:00am
Black money comes mainly from India: Assange

Black money comes mainly from India: Assange

At a stage where governments around the world have tried to hide away from the embarrassment caused by WikiLeaks expose on black money, founder Julian Assange speaks exclusively to Times Now's editor-in-chief Arnab Goswami on the Swiss bank data and featu
Published 27 Apr, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 27 Apr, 2011 12:00am
Black money comes mainly from India: Assange

Black money comes mainly from India: Assange

At a stage where governments around the world have tried to hide away from the embarrassment caused by WikiLeaks expose on black money, founder Julian Assange speaks exclusively to Times Now's editor-in-chief Arnab Goswami on the Swiss bank data and featu
Published 27 Apr, 2011 12:00am
Services providing companies fall in ''minimum tax regime''

Services providing companies fall in ''minimum tax regime''

The Federal Board of Revenue (FBR) has ruled that companies providing services would now fall in the ''minimum tax regime'', says an income tax clarification issued by the FBR here on Tuesday. This means that the tax deducted on the services of these comp
Published 27 Apr, 2011 12:00am
Services providing companies fall in 'minimum tax regime'

Services providing companies fall in 'minimum tax regime'

The Federal Board of Revenue (FBR) has ruled that companies providing services would now fall in the 'minimum tax regime', says an income tax clarification issued by the FBR here on Tuesday. This means that the tax deducted on the services of these compan
Published 27 Apr, 2011 12:00am
Services providing companies fall in 'minimum tax regime'

Services providing companies fall in 'minimum tax regime'

The Federal Board of Revenue (FBR) has ruled that companies providing services would now fall in the 'minimum tax regime', says an income tax clarification issued by the FBR here on Tuesday. This means that the tax deducted on the services of these compan
Published 27 Apr, 2011 12:00am
Flaws detected in WHT deduction, collection

Flaws detected in WHT deduction, collection

The Federal Board of Revenue has detected flaws in deduction and collection of withholding tax from banks during monitoring of the banking sector in 2010-11. Sources told Business Recorder here on Tuesday that there are snags in current withholding
Published 27 Apr, 2011 12:00am
Flaws detected in WHT deduction, collection

Flaws detected in WHT deduction, collection

The Federal Board of Revenue has detected flaws in deduction and collection of withholding tax from banks during monitoring of the banking sector in 2010-11. Sources told Business Recorder here on Tuesday that there are snags in current withholding
Published 27 Apr, 2011 12:00am
Flaws detected in WHT deduction, collection

Flaws detected in WHT deduction, collection

The Federal Board of Revenue has detected flaws in deduction and collection of withholding tax from banks during monitoring of the banking sector in 2010-11. Sources told Business Recorder here on Tuesday that there are snags in current withholding
Published 27 Apr, 2011 12:00am
Previous Day