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Mar 23, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-07-06
KFHA begins drive against unregistered boats

KFHA begins drive against unregistered boats

In a bid to ensure airtight security around the fish harbour sea channel, Karachi Fish Harbour Authority (KFHA) has asked the owners to complete their boats' registration with the authority by July 31, officials said on Tuesday.
Published 06 Jul, 2011 12:00am
Attacks kill nine soldiers

Attacks kill nine soldiers

Attacks killed nine soldiers on Tuesday, targeting troops in the militant-infested tribal badlands near Afghanistan and further south on the border with Iran, officials said. The deadliest attack killed five paramilitary troops travelling in a routine con
Published 06 Jul, 2011 12:00am
Attacks kill nine soldiers

Attacks kill nine soldiers

Attacks killed nine soldiers on Tuesday, targeting troops in the militant-infested tribal badlands near Afghanistan and further south on the border with Iran, officials said. The deadliest attack killed five paramilitary troops travelling in a routine con
Published 06 Jul, 2011 12:00am
THE RUPEE: no change versus dollar

THE RUPEE: no change versus dollar

No change was witnessed on the money market on Tuesday as the rupee firmly held the overnight levels in terms of dollar, money experts said. The rupee was unchanged versus dollar for buying and selling at 85.90 and 85.95, they said.
Published 06 Jul, 2011 12:00am
Sugar stocks enough for six months: PSMA

Sugar stocks enough for six months: PSMA

Pakistan Sugar Mills Association (PSMA) Punjab Zone has claimed that ample stocks of sugar are available in the country, sufficient to meet domestic national requirements for the next six months. This was stated by the Chairman of Pakistan Sugar Mills Ass
Published 06 Jul, 2011 12:00am
THE RUPEE: no change versus dollar

THE RUPEE: no change versus dollar

No change was witnessed on the money market on Tuesday as the rupee firmly held the overnight levels in terms of dollar, money experts said. The rupee was unchanged versus dollar for buying and selling at 85.90 and 85.95, they said.
Published 06 Jul, 2011 12:00am
Sugar stocks enough for six months: PSMA

Sugar stocks enough for six months: PSMA

Pakistan Sugar Mills Association (PSMA) Punjab Zone has claimed that ample stocks of sugar are available in the country, sufficient to meet domestic national requirements for the next six months. This was stated by the Chairman of Pakistan Sugar Mills Ass
Published 06 Jul, 2011 12:00am
Sugar stocks enough for six months: PSMA

Sugar stocks enough for six months: PSMA

Pakistan Sugar Mills Association (PSMA) Punjab Zone has claimed that ample stocks of sugar are available in the country, sufficient to meet domestic national requirements for the next six months. This was stated by the Chairman of Pakistan Sugar Mills Ass
Published 06 Jul, 2011 12:00am
Sohail Wajahat made PSO BoM Chairman

Sohail Wajahat made PSO BoM Chairman

Sohail Waja-hat H Siddiqui has been made Chairman of the Board of Management of Pakistan State Oil Company (PSO). Sohail heads Siemens Pakistan Engineering Company Limited as its Managing Director and Chief Executive Officer. Siddiqui is one of the most p
Published 06 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 05, 2011).

Published 06 Jul, 2011 12:00am
Sohail Wajahat made PSO BoM Chairman

Sohail Wajahat made PSO BoM Chairman

Sohail Waja-hat H Siddiqui has been made Chairman of the Board of Management of Pakistan State Oil Company (PSO). Sohail heads Siemens Pakistan Engineering Company Limited as its Managing Director and Chief Executive Officer. Siddiqui is one of the most p
Published 06 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 05, 2011).

Published 06 Jul, 2011 12:00am
Sohail Wajahat made PSO BoM Chairman

Sohail Wajahat made PSO BoM Chairman

Sohail Waja-hat H Siddiqui has been made Chairman of the Board of Management of Pakistan State Oil Company (PSO). Sohail heads Siemens Pakistan Engineering Company Limited as its Managing Director and Chief Executive Officer. Siddiqui is one of the most p
Published 06 Jul, 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 (July 05, 2011).

Published 06 Jul, 2011 12:00am
CNG stations to stay shut for two days across Sindh

CNG stations to stay shut for two days across Sindh

All CNG stations across Sindh will remain closed for two days on July 11-12 (Monday-Tuesday) due to four day closure of Kadanwari Gas Field for annual turn around (ATA). Managing Director, Sui Southern Gas Company (SSGC) Azim Iqbal Siddiqui announced this
Published 06 Jul, 2011 12:00am
CNG stations to stay shut for two days across Sindh

CNG stations to stay shut for two days across Sindh

All CNG stations across Sindh will remain closed for two days on July 11-12 (Monday-Tuesday) due to four day closure of Kadanwari Gas Field for annual turn around (ATA). Managing Director, Sui Southern Gas Company (SSGC) Azim Iqbal Siddiqui announced this
Published 06 Jul, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 05, 2011).

Published 06 Jul, 2011 12:00am
CNG stations to stay shut for two days across Sindh

CNG stations to stay shut for two days across Sindh

All CNG stations across Sindh will remain closed for two days on July 11-12 (Monday-Tuesday) due to four day closure of Kadanwari Gas Field for annual turn around (ATA). Managing Director, Sui Southern Gas Company (SSGC) Azim Iqbal Siddiqui announced this
Published 06 Jul, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (July 05, 2011) and for Wednesday (July 06, 2011).
Published 06 Jul, 2011 12:00am
US MIDDAY: gold climbs two percent

US MIDDAY: gold climbs two percent

Gold prices rose nearly 2 percent on Tuesday, as risk-averse investors bought the precious metal on concerns about the Chinese economic outlook and renewed worries about the Greek debt crisis. Spot gold was bid at $1,511.05 an ounce at 1:23 p.m. EDT (1723
Published 06 Jul, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 05, 2011).

Published 06 Jul, 2011 12:00am
US MIDDAY: copper up

US MIDDAY: copper up

Copper closed up for a sixth straight day on Tuesday, charging to its loftiest in more than two months, as supply threats in Chile and upbeat US data added fuel to the rally. Copper prices stand just 6 percent away from their mid-February records at $10,1
Published 06 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 06 Jul, 2011 12:00am
US MIDDAY: wheat and corn surge

US MIDDAY: wheat and corn surge

US wheat and corn futures surged on Tuesday, rebounding from the sharp declines of last week as demand from overseas buyers perked up, traders said. Chicago Board of Trade wheat rose 4.2 percent, its biggest gain in seven weeks after last week's drop to a
Published 06 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 06 Jul, 2011 12:00am
US MIDDAY: sugar jumps

US MIDDAY: sugar jumps

Raw sugar futures surged on Tuesday, nearing last week's four-month high due to worries over a smaller Brazilian crop, while cocoa and coffee clawed higher in line with a recovering commodity complex. New York's October raw sugar contract increased 0.38 c
Published 06 Jul, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 05, 2011).

Published 06 Jul, 2011 12:00am
Gold climbs in Europe

Gold climbs in Europe

Gold prices rose more than 1 percent on Tuesday as risk aversion returned to the financial markets, stoked by concerns over the outlook for the Chinese economy and renewed worries about the Greek debt crisis. Spot gold was bid at $1,508.36 an ounce at 133
Published 06 Jul, 2011 12:00am
The Weather

The Weather

The weather report on Tuesday (July 05, 2011) and the forecast for Wednesday (July 06, 2011).

Published 06 Jul, 2011 12:00am
Gold edges down in Asia

Gold edges down in Asia

Spot gold edged down on Tuesday, under the weight of a stronger dollar as a short squeeze boosted the greenback, and a weak technical picture cast a shadow on gold's short-term outlook. The dollar was bought back broadly on a flurry of stop-loss buying an
Published 06 Jul, 2011 12:00am
Oil rises to two-week high

Oil rises to two-week high

Oil prices rose to their highest in two weeks on Tuesday, aided by a broad rush back into battered commodities at the start of the third quarter and forecasts for a tighter market in the months ahead. Crude prices pared gains late in the session after Moo
Published 06 Jul, 2011 12:00am
Liffe sugar rises

Liffe sugar rises

Liffe August white sugar was up $20.7 or 2.7 percent to $785.70 per tonne in light volume of 748 lots on Tuesday, having earlier touched a contract high of $787.80. Liffe September robusta coffee futures were down $23 or 0.9 percent to $2,443 per tonne in
Published 06 Jul, 2011 12:00am
Malaysian palm oil hits fresh eight-month low

Malaysian palm oil hits fresh eight-month low

Malaysian palm oil futures traded lower in a tight trading range on Tuesday, touching a fresh eight-month low as output entered into a higher production cycle and lukewarm demand pushed prices lower. The benchmark September crude palm oil contract on Burs
Published 06 Jul, 2011 12:00am
Tokyo rubber down, Shanghai up

Tokyo rubber down, Shanghai up

Key Tokyo rubber futures settled slightly lower on Tuesday amid a lack of fresh trading cues after the market had already factored in encouraging factors such as signs of improvement in the US economy and easing of the Greek debt crisis. The key Tokyo Com
Published 06 Jul, 2011 12:00am
Copper moves higher

Copper moves higher

Copper rose to its highest in more than two months on Tuesday, boosted by supply concerns and economic data from the United States, yet some wondered if copper prices have climbed too far too fast, given still-scant signs of demand from big consumer China
Published 06 Jul, 2011 12:00am
Shanghai copper falls

Shanghai copper falls

The most-active September copper contract on the Shanghai Futures Exchange fell 0.6 percent to 70,330 yuan per tonne on Tuesday, after finishing nearly 1.3 percent higher previously. Chinese media reports about a possible rate rise in China this weekend,
Published 06 Jul, 2011 12:00am
New York cotton settles lower

New York cotton settles lower

Cotton futures finished lower Tuesday on a fresh round of investor sales as the market failed to derive any inspiration from a recovery in the commodity complex after a holiday weekend, brokers said. The market was shut Monday for US Independence Day. The
Published 06 Jul, 2011 12:00am
NIT declares funds' payouts for fiscal year 2011

NIT declares funds' payouts for fiscal year 2011

National Investment Trust Limited (NITL) on Tuesday declared results along with payouts for all funds under its management for the year ended June 30, 2011. NIT Managing Director Wazir Ali Khoja, while speaking at a press briefing here, presented the fina
Published 06 Jul, 2011 12:00am
NIT declares funds' payouts for fiscal year 2011

NIT declares funds' payouts for fiscal year 2011

National Investment Trust Limited (NITL) on Tuesday declared results along with payouts for all funds under its management for the year ended June 30, 2011. NIT Managing Director Wazir Ali Khoja, while speaking at a press briefing here, presented the fina
Published 06 Jul, 2011 12:00am
Jamaat-i-Islami for eliminating US agents

Jamaat-i-Islami for eliminating US agents

Secretary General Jamaat-i-Islami, Liaquat Baloch has said the JI was trying to unite the religious parties on one point agenda to cleanse the country from the US agents. Addressing the participants of the JI monthly workshop for JI workers at Mansoora, h
Published 06 Jul, 2011 12:00am
Pillion riding banned in Karachi

Pillion riding banned in Karachi

The Sindh government, under Section 144, imposed ban on pillion riding in the city from Tuesday midnight, Aaj News reported. The ban will remain in force for an indefinite period. Children below the age of 12 years, senior citizens, disabled person
Published 06 Jul, 2011 12:00am
Four militants killed in drone strikes

Four militants killed in drone strikes

Two US drone aircraft fired three missiles into a house in North Waziristan region on the Afghan border on Tuesday, killing at least four militants, Pakistani intelligence officials said. The drone strike took place in Mir Ali town, 24 km (15 miles) east
Published 06 Jul, 2011 12:00am
PTI won't join grand alliance: Imran

PTI won't join grand alliance: Imran

Renewing his call for mid-term elections, Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Wednesday said he would not be part of the grand opposition alliance. After the ruling Pakistan People's Party (PPP) won AJK polls, PML-N chief Nawaz Sharif along
Published 06 Jul, 2011 12:00am
'11 modern bus terminals to be constructed in Sindh'

'11 modern bus terminals to be constructed in Sindh'

As many as 11 modern bus terminals would be constructed in Sindh. This was announced by the Sindh Minister for Transport, Akhtar Hussain Jadoon. He was chairing a meeting of the secretaries of the District Regional Transport Authority in his office here o
Published 06 Jul, 2011 12:00am
Punjab University announcement

Punjab University announcement

Punjab University Chairman Admission Committee Professor Dr Muhammad Amin Athar has stated that the schedule of entry test for admissions to various disciplines of BS or equivalent, MA/MSc or equivalent and MS/MPhil/MSc (Engg.)/PhD level, has been announc
Published 06 Jul, 2011 12:00am
Importance of quail meat highlighted

Importance of quail meat highlighted

Multan Chamber Commerce & Industry and Smeda jointly organised a seminar on Quail Breeding, here on Tuesday. Dr Muhammad Akram of University of Veterinary and Animal Sciences said that production of the various quail breeds and their eggs could be very pr
Published 06 Jul, 2011 12:00am
Community watch project to be introduced

Community watch project to be introduced

The Sindh Home Department is introducing community watch project in the metropolis. The Home Department has finalised the modalities for formal launching of "community watch project" in collaboration with the Clifton Cantonment Board, Defence Housing Auth
Published 06 Jul, 2011 12:00am
Pak-Sri Lanka JEC meets to discuss bilateral trade ties

Pak-Sri Lanka JEC meets to discuss bilateral trade ties

To review the trade barriers between Pakistan and Sri Lanka, a meeting will be held at Colombo in August 2011, while the State Bank of Pakistan (SBP) and the Ministry of Finance will communicate with the concerned authorities in Sri Lanka for providing ne
Published 06 Jul, 2011 12:00am
Uch IPP seeks assurance of additional security steps

Uch IPP seeks assurance of additional security steps

Uch Power Private Limited (UPL), a 586 mw low Btu gas based independent power producer (IPP), has reportedly threatened to close down the complex and 'invoke a Pakistan political majeure event', if additional security is not ensured, sources in PPIB told
Published 06 Jul, 2011 12:00am
Democracy faces no threat, insists Gilani

Democracy faces no threat, insists Gilani

Prime Minister Syed Yousuf Raza Gilani on Tuesday dispelled the impression that there was any threat to democracy. Talking to mediapersons after inaugurating Zero Point Interchange (ZPI), Park enclave and Lehtrar Road dualization projects here, he said de
Published 06 Jul, 2011 12:00am
LHC Registrar for eradication of corruption

LHC Registrar for eradication of corruption

Registrar Lahore High Court has said corruption is rampant in every nook and corner of the country including judiciary. The registrar said perks and privileges of the members of the judiciary in the Punjab are better as compared to other civil departments
Published 06 Jul, 2011 12:00am
Gas supply: Aptma pins hope on Dr Asim

Gas supply: Aptma pins hope on Dr Asim

Chairman All Pakistan Textile Mills Association (Aptma) Gohar Ejaz has said the textile industry pins hope on Dr Asim Hussain, Federal Minister for Petroleum and Natural Resources, for implementation of five days a week uninterrupted gas supply to industr
Published 06 Jul, 2011 12:00am
Thousands of families flee Kurram

Thousands of families flee Kurram

Around 28,000 people have fled a Pakistani tribal region where the military is conducting a fresh offensive to evict Islamist militants along the Afghan border, officials said Tuesday. Thousands of families escaped Kurram in a mass exodus after the offens
Published 06 Jul, 2011 12:00am
Pakistan launches operation near Afghan border

Pakistan launches operation near Afghan border

The Pakistani military says it has launched a new operation in a strategic tribal area that juts into Afghanistan. Pakistani army spokesman Major General Athar Abbas says the operation in the Kurram tribal area is aimed at militants who have staged suicid
Published 06 Jul, 2011 12:00am
Libya denies Russia report Qadhafi seeking way out

Libya denies Russia report Qadhafi seeking way out

Muammar Qadhafi is sounding out the possibility of handing over power, a Russian newspaper said on Tuesday, but the Libyan government denied it was in talks about the veteran leader stepping down. Five months into a conflict that has embroiled Nato and be
Published 06 Jul, 2011 12:00am
The world's newest capital, a ramshackle refuge

The world's newest capital, a ramshackle refuge

The world's newest capital is a war-damaged city of tin-shack housing and bumpy roads, strung out along the steamy banks of the White Nile river. "Juba might not look like Washington or London - or even Khartoum, Kampala or Nairobi," said William Deng, a
Published 06 Jul, 2011 12:00am
Thai farm turns pharaoh's vegetable into instant noodles

Thai farm turns pharaoh's vegetable into instant noodles

Sho Oga, the former president of a Japanese medical supplies company in Thailand, got bitten by the organic bug 12 years ago. A trained marine biologist and keen environmentalist, Oga set up the Harmony Life Organic Farm in the foothills of the Khao Yai m
Published 06 Jul, 2011 12:00am
Where is Pakistan heading?

Where is Pakistan heading?

The governance in Pakistan is like a dead corps floating in the stinking pool catered by the corrupt Executives. Its putrescence polluted the environment yet again, when the government suspended Zafar Qureshi from his job. He is accused of ignoring the fi
Published 06 Jul, 2011 12:00am
Hajj quotas: LHC verdict not implementable: counsel

Hajj quotas: LHC verdict not implementable: counsel

The Supreme Court on Tuesday adjourned till Wednesday the daylong hearing of 17 identical petitions for setting aside the Lahore High Court (LHC) verdict against distribution of quota under Hajj Policy 2011. A four-member special bench comprising Justice
Published 06 Jul, 2011 12:00am
Four crushed to death near Jamshoro

Four crushed to death near Jamshoro

Four persons were crushed to death by a speeding coach on Indus Highway near Jamshoro on Tuesday morning. According to Edhi Centre, Larkana bound coach No LCS-8787 coming from Karachi when reached near Shakil Petrol Pump Jamshoro, it went out of control f
Published 06 Jul, 2011 12:00am
IBP superior qualification exams summer-2011 results

IBP superior qualification exams summer-2011 results

The Council of the Institute of Bankers Pakistan has approved the result of ISQ examination Summer 2011 held in May, 2011. Following candidates have qualified for JAIBP or Stage-III, Stage-II, Stage-I of JAIBP, Special Certificate Examination and Associat
Published 06 Jul, 2011 12:00am
Removal of ZAB government: 'Black Day' observed in AJK

Removal of ZAB government: 'Black Day' observed in AJK

Like other parts of the country, Black Day was observed on Tuesday to condemn and mark indignation against the dethroning of the popularly-elected democratic government of Shaheed Zulfiqar Ali Bhutto this day in 1977 by the military dictator General Zia-u
Published 06 Jul, 2011 12:00am
Sharjeel Memon submits reply in Supreme Court in contempt of court case

Sharjeel Memon submits reply in Supreme Court in contempt of court case

Sindh Information Minister Sharjeel Inam Memon on Tuesday pleaded the Supreme Court to withdraw the contempt of court notice, issued to him over the protest against the court verdict in Chairman's NAB case. In pursuance of court's order, Sharjeel Memon fi
Published 06 Jul, 2011 12:00am
Marketing companies selling LPG at exorbitant prices

Marketing companies selling LPG at exorbitant prices

Despite the fact that the Oil and Gas Regulatory Authority (Ogra) has fixed liquefied petroleum gas (LPG) price at Rs 105 per kg, the product is still being sold at higher prices, ranging from Rs 120 to Rs 130 across the country. According to the chairman
Published 06 Jul, 2011 12:00am
Marvi hopes youth will change country's destiny

Marvi hopes youth will change country's destiny

Renowned politician and focal personality of political circles Marvi Memon has expressed hopes that the Pakistani youth will change their country's destiny. She expressed these views while addressing the third session of the 'Youth Leadership Development
Published 06 Jul, 2011 12:00am
'Cement consumption declined by 8.24 percent'

'Cement consumption declined by 8.24 percent'

The fiscal year 2010-11, recently concluded, proved to be a nightmare for the cement sector as 80 per cent of the cement manufacturers suffered huge losses on the back of stagnant local consumption and government failed to honour its commitment for paymen
Published 06 Jul, 2011 12:00am
Khalid Alvi appointed GM, Nokia Pakistan & Afghanistan

Khalid Alvi appointed GM, Nokia Pakistan & Afghanistan

Nokia Middle East & Africa (MEA) has appointed Khalid Alvi as the new Country General Manager of Nokia Pakistan & Afghanistan. In this capacity, Khalid is responsible to drive sales in the region along with execution of multiple business functions like No
Published 06 Jul, 2011 12:00am
Russia criticises US over abuses in wars abroad

Russia criticises US over abuses in wars abroad

Russia urged the United States on Tuesday to give more scrutiny to allegations of human rights violations by US soldiers and agents during conflicts abroad, pointing to reported abuses in Iraq and Afghanistan. The Foreign Ministry's human rights represent
Published 06 Jul, 2011 12:00am
New hacking allegation piles pressure on Murdoch

New hacking allegation piles pressure on Murdoch

Prime Minister David Cameron led a chorus of condemnation on Tuesday over allegations a top-selling British newspaper from Rupert Murdoch's global media empire hacked the voicemail of a missing schoolgirl who was later found murdered.
Published 06 Jul, 2011 12:00am
India's top court bans anti-Maoist militia

India's top court bans anti-Maoist militia

India's Supreme Court on Tuesday ordered the central state of Chhattisgarh to disband a militia force founded to combat Maoist guerrillas who control large areas of the country. Salwa Judum, or Peace March, was set up in 2005 as a civil society movement t
Published 06 Jul, 2011 12:00am
Australia linked to Abu Ghraib abuses

Australia linked to Abu Ghraib abuses

Australia's military conspired with US guards to deny the Red Cross access to prisoners held at Iraq's notorious Abu Ghraib jail, including a high-value detainee, said documents published Tuesday. Its officials also misled the public on the legality of in
Published 06 Jul, 2011 12:00am
The man who hunted Osama bin Laden

The man who hunted Osama bin Laden

After Navy SEALs killed Osama bin Laden, the White House released a photo of President Barack Obama and his Cabinet inside the Situation Room, watching the daring raid unfold. Hidden from view, standing just outside the frame of that now-famous photograph
Published 06 Jul, 2011 12:00am
Venezuela celebrates independence as Chavez returns

Venezuela celebrates independence as Chavez returns

Venezuela celebrated the 200th anniversary of its independence on Tuesday with President Hugo Chavez back in his palace after a triumphant return from cancer surgery in Cuba that has left him weakened but defiant. "Happy Birthday, Dear Fatherland!" the 56
Published 06 Jul, 2011 12:00am
Syrian forces shoot dead six in Hama

Syrian forces shoot dead six in Hama

Forces loyal to President Bashar al-Assad shot dead six people on Tuesday in the Syrian city of Hama, activists said, and France called for the United Nations to stand up against the latest "ferocious armed repression." Tanks were still surrounding Hama,
Published 06 Jul, 2011 12:00am
Drive against fake pesticides, fertilisers to promote businesses

Drive against fake pesticides, fertilisers to promote businesses

Parliamentary Secretary for Agriculture and Convenor Sub-committee on pesticides, Mian Asif Manhood Mohal has assured that the movement launched against fake pesticides and fertilisers is not aimed at harassing any stakeholder but to assist companies and
Published 06 Jul, 2011 12:00am
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