News Archives for Print - 2011-07-13

<<>>

Print - 2011-07-13

Rotterdam vegetable oil prices

Tuesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 13 Jul, 2011 12:00am

Rotterdam vegetable oil prices

Tuesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 13 Jul, 2011 12:00am

New York sugar, cocoa and coffee lower

Raw sugar, arabica coffee and cocoa futures finished lower Monday as the strong dollar kept the softs complex on the defensive for most of the day. Worries over the euro zone debt crisis kept the softs complex depressed in light dealings. October raw suga

Published 13 Jul, 2011 12:00am

Malaysian palm oil falls

Malaysian palm oil futures fell 1.3 percent on Tuesday, trailing weaker overseas equity and commodity markets, as worries over eurozone debt's crisis triggered a sell-off. Oil, copper and grains markets tumbled on Monday as worry that the eurozone debt cr

Published 13 Jul, 2011 12:00am

Liffe sugar hits record high

Liffe August white sugar ended up $39.10 at $857.00 a tonne on Tuesday after setting a record high for the front month of $858.30 in late trade. Market buoyed by fund buying against the backdrop of short-term supply tightness following downward revisions

Published 13 Jul, 2011 12:00am

US gold climbs

Gold rose on Monday, ending at its highest point since setting a record in May, as investors sprinted for safer havens on mounting worries that the eurozone debt crisis might spill into Italy. Spot gold was up 0.4 percent at $1,550.10 an ounce by 2:42 pm

Published 13 Jul, 2011 12:00am

Gold steadies in Asia

Spot gold held steady around $1,550 on Tuesday, as investors fled from risky assets on fears of a spreading eurozone debt crisis, but a stronger dollar and weak equities weighed on sentiment. Spot gold edged down 0.2 percent at $1,549.90 per ounce by 0556

Published 13 Jul, 2011 12:00am

Euro-gold at record high in Europe

Euro-priced gold rose to a second consecutive record on Tuesday, driven by investors who found little comfort in the pledges from European Union officials to contain the spread of the debt crisis across the single currency bloc. The strength of the dollar

Published 13 Jul, 2011 12:00am

US MIDDAY: sugar rallies

US raw sugar rallied over 5 percent early on Tuesday as fears of a shrinking cane crop from the world's No 1 producer Brazil spurred investor buying. New York's October raw sugar contract soared 1.63 cents, or 5.64 percent, to trade at 30.55 cents per lb

Published 13 Jul, 2011 12:00am

US MIDDAY: corn rises

Corn futures rose early on Tuesday after a US government report forecast surprisingly smaller-than-expected stocks this autumn, and were followed higher by wheat and soybeans. Chicago Board of Trade corn for December delivery gained 2.4 percent, or 15 cen

Published 13 Jul, 2011 12:00am

US MIDDAY: copper soars

Copper higher on Tuesday, recovering some lost ground from two days of selling, as a positive turnaround in US equities helped investors mitigate some risk from the ongoing debt crisis in Europe. In New York, the benchmark September COMEX contract closed

Published 13 Jul, 2011 12:00am

US MIDDAY: gold rises toward record

Gold is poised for a run toward its May all-time high on Tuesday as investors sought a safe haven on fears that European officials were failing to stop a debt crisis from spreading to Italy and Spain. After trading flat for most of the day, bullion sudden

Published 13 Jul, 2011 12:00am

Three and a half year performance of Universal Service Fund

Universal Service Fund was established by the government of Pakistan (Ministry of Information Technology) to spread the benefits of telecom revolution to all corners of Pakistan. USF finances spread of telecom services to previously unserved or undeserved

Published 13 Jul, 2011 12:00am

France, Germany to provide 11.5 million euros to FATA health sector

The Agence Française de Development (AFD) and German Development Co-operation (GTZ) have reached an agreement for additional assistance of euros 11.5 million for provision of health component in Federally Administered Tribal Areas (FATA).

Published 13 Jul, 2011 12:00am

'Food insecurity, militancy may cause civil unrest'

Persistent food insecurity and militancy nexus may cause civil unrest and is a threat to overall peace of society. This was discussed at a brainstorming session with selected parliamentarians to discuss "Relationship between Food Insecurity, Poverty, Extr

Published 13 Jul, 2011 12:00am

SECP registers 344 companies in June

The Securities and Exchange Commission of Pakistan (SECP) registered 344 companies in June. An increase of 5% has been witnessed as compared to 327 companies registered during the corresponding period of previous year.

Published 13 Jul, 2011 12:00am

Steps being taken for welfare of journalistic community: Iftikhar

The Khyber Pakhtunkhwa Minister for Information, Mian Iftikhar Hussain, Tuesday said that the government has taken steps for welfare of journalist community in the province, saying journalists were rendering matchless sacrifices in the prevailing situatio

Published 13 Jul, 2011 12:00am

SRB team visits OICCI to discuss Sindh Sales Tax Act 2011

A delegation of the Sindh Revenue Board (SRB), headed by Akhtar Jamil Khan, Member, Operations, SRB, along with Mumtaz Ahmad, Member, Legal and Co-ordination, SRB, visited the Overseas Investors' Chamber of Commerce & Industry (OICCI) to have a comprehens

Published 13 Jul, 2011 12:00am

CDA proposes 35-40 percent increase in water charges

Amidst acute water shortage in the federal capital, the Capital Development Authority (CDA) has proposed to increase water charges by 35 to 40 percent, it is learnt. The residents of federal capital are facing acute water shortage compelling them to call

Published 13 Jul, 2011 12:00am

PTI slams 'political victimisation' of workers

Pakistan Tehreek Insaf (PTI), Khyber Pakhtunkwa has slammed political victimisation of workers and called for nurturing tolerance in the province. PTI will not be suppressed through such nefarious tactics in the province, said PTI provincial president, As

Published 13 Jul, 2011 12:00am

After a long time in government

After quitting the PPP-led coalition on June 27, 2011, MQM will sit on opposition benches in the Sindh Assembly for the first time since 1996. The assembly is meeting today (Wednesday) with a bigger opposition in size in the shape of the MQM as compared t

Published 13 Jul, 2011 12:00am

Education projects in quake-hit areas: Prime Minister seeks help from donors

Prime Minister Yousaf Raza Gilani on Tuesday sought help of international community and donors to complete Rs 100 billion education projects in the earthquake hit areas of Azad Kashmir and Khyber Pakhtunkhwa. Addressing the donors' conference of Earthquak

Published 13 Jul, 2011 12:00am

Pay scales to be upgraded

The Basic Pay Scales of Patwaris and Girdawars would be upgraded and bring at par with that of other parts of the country. This was stated by Chief Minister Gilgit-Baltistan Syed Mehdi Shah in a telephonic conversation with APP on Tuesday. He said the pay

Published 13 Jul, 2011 12:00am

Partly Facetious: We can't have our cake and eat it too

"Anger against the US is mounting."

Published 13 Jul, 2011 12:00am

Difficulty and opportunity

Every thing has a cause and effect. Unless the cause is not analysed, the effect cannot be comprehended. There have been a series of happenings, which if clearly analysed, will point in what direction it is leading us to. The war on terror began in 2001 a

Published 13 Jul, 2011 12:00am

Woman striker rallies Korea workers from the top of a crane

It has to be one of the loneliest picket lines going - a woman by herself on the top of a crane. For South Korean labour activist Kim Jin-suk, crane No 85 at a Busan shipyard is her soapbox to demand workers' rights and the reversal of a local shipbuilder

Published 13 Jul, 2011 12:00am

Why did not we develop or progress?

Pakistan is a poor and underdeveloped country, whatever indicator one may use to test this fact. There is a myth that circles around here that Pakistan is a resourceful country and that it is inherently rich, which we would examine later in some detail. S

Published 13 Jul, 2011 12:00am

Nabbing al Zawahiri

As expected, Pakistan has reacted sharply to what Leon Panetta told reporters before arriving in Kabul last week as the new US Defence Secretary, having shifted from the CIA, which he headed until the end of June. Panetta had said that he believed Ayman a

Published 13 Jul, 2011 12:00am

Federal cabinet in Quetta

This time around Prime Minister Gilani seems to be living up to his word. Last June when he visited Quetta to speak at the Military Staff College he promised local media men he would be visiting Balochistan once every month; and that promise is being met.

Published 13 Jul, 2011 12:00am

'Ramazan Bachat offer on the cards'

Canteen Stores Department (CSD), the largest retail chain in Pakistan, is committed to serve its compatriots as well as retired officers and jawans of the armed forces with complete dedication and devotion. The CSD provides all essentials items of daily u

Published 13 Jul, 2011 12:00am

US Ambassador kicks off opening night of The Odd Couple

Ambassador Cameron Munter kicked off the opening night of the collaborative American and Pakistani production of Neil Simon's The Odd Couple at the Pakistan National Council for Arts (PNCA). Performances are open to the public through July 17, says a pres

Published 13 Jul, 2011 12:00am

International moot on computer networks, IT begins

The first ever International Conference on "Computer Networks and Information Technology" has started under the auspices of Department of Computer Science, University of Peshawar at Bara Gali Summer campus-II of the university.

Published 13 Jul, 2011 12:00am

Enhancing flood warning, management capacity: Japan extends $3.48 million assistance

The Government of Japan has decided to extend grant assistance of about $3.48 million for the project for strengthening flood warning and management capacity of Pakistan. The official notes for the project were signed and exchanged here on Tuesday between

Published 13 Jul, 2011 12:00am

Two killed, two hurt in separate clashes

At least two people were killed while another two injured in different clashes. "Two groups used clubs against each other over a land dispute in Kand area of Qila Saifullah district," police said on Tuesday, adding that resultantly, one person identified

Published 13 Jul, 2011 12:00am

Dialogue with Iran, Afghanistan: Prime Minister says traders to be included in delegations

Prime Minister Syed Yousuf Raza Gilani said on Tuesday that representatives of Balochistan Chamber of Commerce would be included in delegations during bilateral dialogue with Iran and Afghanistan for the purpose of enhancing trade activities.

Published 13 Jul, 2011 12:00am

APHC leaders observing Martyrs Day today

The All Parties Hurriyat Conference Chairman and veteran leader urged to observe the martyrs day on Wednesday (today) to pay tributes to martyrs of 1931 in Indian Held Kashmir. According to Kashmir Media Service, Kashmiris on both sides of the Line of Con

Published 13 Jul, 2011 12:00am

Pakistan, Iraq agree to boost S&T ties

"There is a lot of potential and opportunities, between the two brotherly countries, that can be exploited for common benefits". Federal Minister for Science & Technology, Mir Changez Khan Jamali said this to the Ambassador of the Republic of Iraq, Dr Rus

Published 13 Jul, 2011 12:00am

Telenor, Tameer Bank launch Easypaisa branding campaign

Telenor Pakistan and Tameer Microfinance Bank Limited launched a branding campaign for one of their products under the branchless banking solution Easypaisa. Through Easypaisa Mobile Account, customers can send and receive money and pay their utility bill

Published 13 Jul, 2011 12:00am

Children's rights: government urged to expedite enactment of legislation

Sparc has urged the government to expedite the process of enactment of legislation that embodies rights of children, besides setting up of an independent commission on their rights, which should have the powers to monitor and protect children's rights acr

Published 13 Jul, 2011 12:00am

No check on unregistered religious seminaries

No efforts are being made by Islamabad Police and Islamabad Capital Territory (ICT) administration to check the unregistered religious seminaries in Federal Capital, as there are over 37 un-registered 'Deeni Madaris' religious seminaries existing in the C

Published 13 Jul, 2011 12:00am

No provision in IT Ordinance 2001 to withhold refund, FTO tells FBR

The Federal Tax Ombudsman (FTO), Dr Muhammad Shoaib Suddle on Tuesday categorically conveyed to the Federal Board of Revenue that there is no provision in the Income Tax Ordinance 2001, which empowers the income tax department to unreasonably withhold ref

Published 13 Jul, 2011 12:00am

Sindh P&D department needs enhanced workforce, capacity for smooth functioning

The abrogation of the local bodies system and devolution of the federal subjects has brought the Sindh Planning and Development (P&D) department under severe work burden, it was learnt on Tuesday. After the promulgation of an Ordinance regarding revival o

Published 13 Jul, 2011 12:00am

SSUET reviews IT park project

The Chancellor Sir Syed University of Engineering and Technology (SSUET ) has appointed Engr Yusuf Siddiqi, a former Chief Engineer in the then Karachi Development Authority, as Project Director for 200 acres of land it the Education City.

Published 13 Jul, 2011 12:00am

KU declares BA, BSc exams results

University of Karachi on Tuesday announced the results of B A both parts (External) annual examinations 2010. According to the KU notification, Ahmed Nadeem Farooqui bagged first position with 763/1,000 marks, Tanvir Hussain stood second with 752 marks an

Published 13 Jul, 2011 12:00am

SIU busts criminals' gang, recovers goods

Special Investigation Unit (SIU) of Sindh police on Tuesday claimed to have arrested goods' lifters in separate raids and recovered huge quantity of merchandise including Nato goods from the criminals' possession. According to DSP Wasif Qureshi, a team of

Published 13 Jul, 2011 12:00am

Zareen Yousufzai visits Al-Shifa School

Mrs Zareen Khan Yousufzai, wife of MD PIA, Nadeem Khan Yousufzai visited Al-Shifa Trust Special School & Centre for Rehabilitation of special children. While visiting Al-Shifa Trust, Mrs Zareen Khan Yousufzai expressed her satisfaction on the progress of

Published 13 Jul, 2011 12:00am

SHC issues notices on plea against targeted killings

Sindh High Court Tuesday issued notices to Federal Interior, Sindh Home Secretaries and other respondents on petition challenging targeted killings in Karachi. A division bench, comprising Justice Muhammad Athar Saeed and Justice Ahmed Ali M Sheikh, also

Published 13 Jul, 2011 12:00am

Government may spend Rs 62 million: mango inaugural consignment to US on July 27

The government is likely to spend Rs 62 million on inaugural consignment of mangoes to Washington and Chicago, sources told Business Recorder here on Tuesday. Trade Minister in Washington, Azmat Ali Ranjha, has sought $37000 for Consulate in Washin

Published 13 Jul, 2011 12:00am

KASB Bank launches 'Business Flex Account'

KASB Bank has re-launched its Business Flex Account and in this connection a ceremony was held here on Tuesday. While talking to newsmen, Salman Raza said KASB Bank's Business Flex is a current account that offers businessmen and executives hassle-free an

Published 13 Jul, 2011 12:00am

Global consumption of milk, dairy products: Tetra Pak forecasts 30 percent surge

New research from Tetra Pak, the world's leading food processing and packaging company, forecasts a rise of around 30 percent in global consumption of milk and other liquid dairy products (OLDP) from 2010 to 2020. This consumption boom will be driven by e

Published 13 Jul, 2011 12:00am

Conduct of financial, performance audits of NRSP, PPAF lauded

Jhoak Development Foundation has welcomed the Public Accounts Committee's decision ordering the Auditor General of Pakistan (AGP) to conduct both financial and performance audits of the National Rural Support Programme (NRSP) and Pakistan Poverty Alleviat

Published 13 Jul, 2011 12:00am

Supreme Court directs Capital police to submit DNA reports of Lal Masjid casualties

While hearing the missing persons case on Tuesday the Supreme Court (SC) directed Islamabad Police Superintendent Tahir Alam to submit DNA reports of people who died during Lal Mosque operation in 2007, for peace of mind to relatives of the slain people,

Published 13 Jul, 2011 12:00am

Call for exploring new markets to tap export potential

Upcoming Trade Policy must focus on promotion of export of non-traditional items as country's concentration on a few items and on a few countries is hitting the export hard. Pakistan Industrial and Traders Associations Front (PIAF) Chairman Sohail Lashari

Published 13 Jul, 2011 12:00am

KCCI, Bombay Chamber to sign agreement

The Karachi Chamber of Commerce and Industry (KCCI) and Bombay Chamber of Commerce and Industry (BCCI) will sign an agreement for mutual co-operation. Talking to Business Recorder before leaving for Delhi as the head of 10- member KCCI delegation,

Published 13 Jul, 2011 12:00am

Marine stock assessment: project comes to a dead-end due to lack of funds

The country's key marine stock census has reached a dead-end due to the lack of funds with the last exploration by a Norwegian vessel on the 1,100 km sea-belt in October last year. The census had to be completed by June, 2011, sources said on Tuesday.

Published 13 Jul, 2011 12:00am

Jamaat-e-Islami urges government to strengthen ties with China

The suspension of the US aid is a puff of cool breeze for the Pakistani nation that should motivate the policy-makers in Islamabad to walk out of the US slavery and its "Do More" biddings, the Jamaat-e-Islami Secretary General, Liaquat Baloch, said here o

Published 13 Jul, 2011 12:00am

Jurisdiction of five Karachi districts determined

Sindh government on Tuesday determined the jurisdictions of five districts of Karachi, a notification said. According to the decision, District South will consist of Saddar, Lyari and Jamshed Town; District Central will include Liaquatabad, North Karachi,

Published 13 Jul, 2011 12:00am

Agriculture department notifies changes in designations and powers of officers

Sindh Agriculture department has notified the changing of designations, functions and powers of officers posted in districts, Business Recorder learnt it on Tuesday. After the promulgation of an ordinance regarding revival of Sindh Local Government

Published 13 Jul, 2011 12:00am

Hyderabad authorities asked to deliver best services to masses

Deputy Commissioner Hyderabad, Asif Ali Memon has directed all sub-divisional magistrates, taluka administrators and 'mukhtiarkars' of the district to deliver best services to the masses on merit so that people could be facilitated of the Commissionary Sy

Published 13 Jul, 2011 12:00am

KESC Voluntary Separation Scheme: laid off workers not paid dues in 6 months

The Karachi Electric Supply Company (KESC) failed to clear the sums of its laid off workers who applied for Voluntary Separation Scheme (VSS) despite passage of six months, sources told Business Recorder on Tuesday.

Published 13 Jul, 2011 12:00am

18 percent additional duty on denim fabric import: CG assures Pakistan of taking up its concerns with Turkish government

Outgoing Consul General of Turkey, Fateni Etem, has assured business community that he will apprise his government about the concern of Pakistan on its export vis-à-vis the issue of 18 percent additional customs duty to be charged on import of denim fabri

Published 13 Jul, 2011 12:00am

Cylinder blast incident: President condoles deaths

President Asif Ali Zardari on Tuesday expressed grief over the killing of passengers in an incident of cylinder blast in a local van. The president prayed for the departed souls to rest in peace and patience to the bereaved families. He also ordered prope

Published 13 Jul, 2011 12:00am

Group exhibition of paintings concludes

The group exhibition of paintings, Naqashi and relieves concluded here on Tuesday at Nomad Art Gallery featuring old architecture of Mughal era, cultural heritage of Pakistan and beautifully decorated women. The collection of paintings was the creation of

Published 13 Jul, 2011 12:00am

SU denies holding of APC

The University of Sindh has denied all reports of holding all parties' conference as reported in the media on Tuesday. A spokesman of the university, in a statement issued on Tuesday, said holding of so-called APC by some irrelevant persons is to be consi

Published 13 Jul, 2011 12:00am

Transfers, postings in Punjab

The Punjab government notified following postings and transfers on Tuesday: Saqib Majeed, Officer on Special Duty, Services and General Administration Department, Government of the Punjab, has been promoted to BS-18 to the rank of Deputy Secretary/Distric

Published 13 Jul, 2011 12:00am

Arsenic in drinking water: LHC Chief Justice disposes of suo motu notice

The Lahore High Court Chief Justice here on Tuesday disposed of suo motu notice and petition against presence of arsenic in drinking water of tubewells in the city. The case was disposed of after MD Wasa informed the court that contract for installation o

Published 13 Jul, 2011 12:00am

PTI Punjab Election Cell established

President Pakistan Tehrik-e-Insaf (PTI) Punjab, Ahsan Rashid on Tuesday announced the establishment of PTI Punjab Election Cell. According to a PTI's spokesperson, Sardar Arif is nominated chairman of the election cell and Aizaz as secretary. Other member

Published 13 Jul, 2011 12:00am

LHC moved for recovery of spouse, daughter: former chief minister Punjab

A petition has been filed before Lahore High Court for the recovery of spouse and suckling daughter of former Chief Minister Punjab, Sardar Dost Muhammad Khan Khosa. Sapna Khan and her daughter, was allegedly taken away by the friends of Khosa at GOR on J

Published 13 Jul, 2011 12:00am

SKMCH&RC launches Zakat collection drive

Shaukat Khanum Memorial Cancer Hospital & Research Centre (SKMCH&RC) has launched its Zakat collection campaign for the year 2011. For the collection of Zakat, the hospital has already activated its accounts in local and foreign banks.

Published 13 Jul, 2011 12:00am

LPC president told to concentrate on providing plots to members

The Lahore High Court while hearing a petition against transformation of recreational park of Lahore Press Club Housing Society into residential plots, remarked here Tuesday that getting plots in the society was the right of every club member.

Published 13 Jul, 2011 12:00am

Raise in pay package of doctors, nurses: notification issued

As announced by Chief Minister Punjab earlier, the finance department issued notification regarding pay-package of doctors and nurses here on Tuesday. A Health Department spokesman said here on Tuesday, that the total volume of the package is Rs 5.2 billi

Published 13 Jul, 2011 12:00am

Punjab chief minister orders arrest of accused in fraud case

Chief Minister Mian Muhammad Shahbaz Sharif has ordered Anti-Corruption Department to register case against the persons who allegedly defrauded thousands of people to the tune of billions of rupees. He also ordered arrest of the accused at the earliest.

Published 13 Jul, 2011 12:00am

57 faculty members get best university teacher award

The Higher Education Commission (HEC) has conferred Best University Teacher Award on 57 faculty members of public and private sector universities in recognition of their dedicated efforts to enhance the academic and research atmosphere in their respective

Published 13 Jul, 2011 12:00am

Trade delegation to attend MIFB fair at Kuala Lumpur

A 10-member Pakistani delegation representing six leading food & beverage companies has arrived in Kuala Lumpur to participate in the 12th Malaysian International Food and Beverage (MIFB) Fair 2011 which opened on Tuesday, Pakistan High Commission in Kual

Published 13 Jul, 2011 12:00am

PRGMEA concerned about shifting of garment units to Bangladesh

The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has expressed concern over shifting of woven garment units to Bangladesh and urged the government to take measures in order to discourage this trend.

Published 13 Jul, 2011 12:00am

Tehsildars, patwaris: LHC seeks assets' details till August 12

Lahore High Court Chief Justice, Ijaz Ahmad Chaudhry here Tuesday directed District Co-ordination Officer Lahore Ahad Cheema to submit details of assets of tehsildars, naib tehsildars and patwaris till August 12 next. The DCO appeared in the court to defe

Published 13 Jul, 2011 12:00am

Irsa releases 255,029 cusecs water

The Indus River System Authority (Irsa) on Tuesday released 255,029 cusecs water from various rim stations with inflow of 262,466 cusecs. According to the data released by Irsa here, the maximum water level in River Indus at Tarbela was 1441.92 feet which

Published 13 Jul, 2011 12:00am

Conference of satellite technology experts begins at COMSTECH

A four-day international conference of the satellite technology experts of the Islamic countries started on Tuesday to develop mechanism and tackle disasters by satellite data sharing.

Published 13 Jul, 2011 12:00am

USAID expands opportunities for Pakistani women in trade

The US Agency for International Development (USAID) on Tuesday launched the 'Women in Trade Initiative' to increase the participation of Pakistani women in the international trade sector. Addressing the launching ceremony, Dr Marilyn Wyatt, wife of US Amb

Published 13 Jul, 2011 12:00am

Energy drinks not good for children: report

Sports drinks and energy drinks being marketed to children and teenagers are now sounding an alarm about their inappropriate use in these age groups.

Published 13 Jul, 2011 12:00am

Suspended $800 million aid: troops from Afghan border may be pulled back

Defence Minister Ahmed Mukhtar has warned that the government could withdraw troops from the Afghan border where they are fighting insurgents if the US does not reinstate $800 million in military aid, which has been suspended due to bilateral irritants.

Published 13 Jul, 2011 12:00am

Nawaz's directive to complete party reorganisation: PML-N set to announce future strategy on July 27

In the wake of changing political scenario, Pakistan Muslim League-Nawaz (PML-N) Quaid Nawaz Sharif on Tuesday directed the party leadership to complete the reorganisation process by last week of July, as PML-N is set to announce future strategy on July 2

Published 13 Jul, 2011 12:00am

Musharraf criticises loss of US aid

Former President Pervez Musharraf says the Obama administration's suspension of $800 million in US aid to the Pakistani military is not in the best interest of either country. Musharraf spoke Monday evening at Rice University in Houston. He says a weakene

Published 13 Jul, 2011 12:00am

Cut in US aid: analysts see no immediate threat to economy

A halt of US aid reimbursement into Pakistan's treasury is unlikely to immediately affect the economy but could have a longer-term negative impact, analysts said on Tuesday. The US has confirmed it is holding off nearly one-third in security aid to show d

Published 13 Jul, 2011 12:00am

Woman killed

A man gunned down his wife on allegation of having illicit relation with an alien person in Usta Muhammad area of Jaffarabad on Tuesday. According to police, Abdul Razaq allegedly opened fire at his wife in Goth Allahyar area on suspicion of illicit relat

Published 13 Jul, 2011 12:00am

The Weather

The weather report on Tuesday (July 12, 2011) and the forecast for Wednesday (July 13, 2011).

Published 13 Jul, 2011 12:00am

ZONG appoints Ali chief of HRA, Security

Ali Raza Mehdi has been appointed as the Head of Human Resource, Administration and Security at ZONG and will therefore bear human resources responsibility for China Mobile Pakistan. According to a press release issued by ZONG here on Tuesday, Ali has ove

Published 13 Jul, 2011 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 12, 2011).

Published 13 Jul, 2011 12:00am

Monsoon season emergency measures reviewed

Chief Minister of Sindh, Syed Qaim Ali Shah, Tuesday presided over a high level meeting here at CM House regarding preparedness for monsoon and floods in the province and measures to be adopted in this regard under new local government system and police a

Published 13 Jul, 2011 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 12, 2011).

Published 13 Jul, 2011 12:00am

Get KESC bill via email, cellphone

Karachi Electric Supply Company has made a major value addition to its alternative arrangements for payment of monthly electricity bills through which customers can now regularly receive their bill electronically via email and cell phone.

Published 13 Jul, 2011 12:00am

LME official prices

The following were Monday official prices.

Published 13 Jul, 2011 12:00am

Bijarani calls on Sindh chief minister

Federal Minister Mir Hazar Khan Bijarani called on Chief Minister of Sindh, Syed Qaim Ali Shah, at the CM House here on Tuesday. The Federal Minister was accompanied by MPA Mir Mahboob Khan Bijarani. They discussed matters of mutual interests and politica

Published 13 Jul, 2011 12:00am

LME official prices

The following were Monday official prices.

Published 13 Jul, 2011 12:00am

Supreme Court grants SBP leave to appeal against SHC verdict

The Supreme Court (SC) on Tuesday granted State Bank of Pakistan leave to appeal against Sindh High Court (SHC) verdict which was passed in December 2010 in favour of 202 former employees of the Bank who received amount under Golden Hand Shake Scheme (GHS

Published 13 Jul, 2011 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 12, 2011).

Published 13 Jul, 2011 12:00am

Texas Governor meets Musharraf

Texas Governor Rick Perry has told former President Pervez Musharraf that he hopes the strained ties between the US and Pakistan will improve. They met Tuesday at a hotel in the Texas capital, Austin. During the meeting, the Republican governor lamented t

Published 13 Jul, 2011 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular