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Print - 2011-08-11
LME official prices

LME official prices

The following were Tuesday official prices.

Published 11 Aug, 2011 12:00am
Ambiguities pinpointed in new tax return forms

Ambiguities pinpointed in new tax return forms

A tax expert has raised legal and technical objections in the draft income tax return forms for individuals, Association of Persons (AOPs) and companies for Tax Year 2011. Waheed Shahzad Butt, a renowned Lahore based tax lawyer has submitted a detailed pr
Published 11 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 11 Aug, 2011 12:00am
Shujaat meets Zardari

Shujaat meets Zardari

Chaudhry Shujaat Hussain, President PML (Q), called on President Asif Ali Zardari at the Aiwan-e-Sadr on Wednesday. Mushahid Hussain Sayed was also present during the meeting. Current political situation and coalition matters were discussed during the mee
Published 11 Aug, 2011 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (August 10, 2011).

Published 11 Aug, 2011 12:00am
Nespak completes reconnaissance survey of IP gas pipeline

Nespak completes reconnaissance survey of IP gas pipeline

The National Engineering Services Pakistan (Nespak) has completed the reconnaissance survey of the 800 kilometers Iran-Pakistan Pipeline project on Pakistan's side. Sources in Nespak told Business Recorder that the experts' team after successfully
Published 11 Aug, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (August 10, 2011).

Published 11 Aug, 2011 12:00am
US claims kills Taliban who shot down helicopter

US claims kills Taliban who shot down helicopter

Nato-led forces killed the Taliban militants responsible for shooting down a US helicopter last weekend but not the insurgent leader initially sought, the top US and Nato commander in Afghanistan said on Wednesday. The disclosure by General John Allen cam
Published 11 Aug, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (August 10, 2011) and for Thursday (August 11, 2011).
Published 11 Aug, 2011 12:00am
US claims kills Taliban who shot down helicopter

US claims kills Taliban who shot down helicopter

Nato-led forces killed the Taliban militants responsible for shooting down a US helicopter last weekend but not the insurgent leader initially sought, the top US and Nato commander in Afghanistan said on Wednesday. The disclosure by General John Allen cam
Published 11 Aug, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (August 10, 2011).

Published 11 Aug, 2011 12:00am
US drone strike kills 21

US drone strike kills 21

A US drone strike killed at least 21 suspected militants in North Waziristan region on Wednesday, officials said, just days after Pakistan called for "clear terms of engagement" in the US-Pakistan relationship. Among those targeted in the attack on a hous
Published 11 Aug, 2011 12:00am
US drone strike kills 21

US drone strike kills 21

A US drone strike killed at least 21 suspected militants in North Waziristan region on Wednesday, officials said, just days after Pakistan called for "clear terms of engagement" in the US-Pakistan relationship. Among those targeted in the attack on a hous
Published 11 Aug, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (August 10, 2011).

Published 11 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 10, 2011).

Published 11 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 10, 2011).

Published 11 Aug, 2011 12:00am
ANP wants National Assembly debate over revenue collection figures

ANP wants National Assembly debate over revenue collection figures

Awami National Party (ANP) on Wednesday demanded of the government to discuss the issue of alleged figures'' fudging by Federal Board of Revenue (FBR) in the National Assembly. Bushra Gohar of ANP said on the floor of the Lower House that the allegations
Published 11 Aug, 2011 12:00am
ANP wants National Assembly debate over revenue collection figures

ANP wants National Assembly debate over revenue collection figures

Awami National Party (ANP) on Wednesday demanded of the government to discuss the issue of alleged figures' fudging by Federal Board of Revenue (FBR) in the National Assembly. Bushra Gohar of ANP said on the floor of the Lower House that the allegations o
Published 11 Aug, 2011 12:00am
THE RUPEE: dollar down further

THE RUPEE: dollar down further

Higher trend was seen on the local currency market on Wednesday as the rupee posted fresh gains against dollar due to easy supply of the US currency, dealers said. The rupee extended fresh gains in relation to dollar, gaining 10 paisa for buying and selli
Published 11 Aug, 2011 12:00am
ANP wants National Assembly debate over revenue collection figures

ANP wants National Assembly debate over revenue collection figures

Awami National Party (ANP) on Wednesday demanded of the government to discuss the issue of alleged figures' fudging by Federal Board of Revenue (FBR) in the National Assembly. Bushra Gohar of ANP said on the floor of the Lower House that the allegations o
Published 11 Aug, 2011 12:00am
THE RUPEE: dollar down further

THE RUPEE: dollar down further

Higher trend was seen on the local currency market on Wednesday as the rupee posted fresh gains against dollar due to easy supply of the US currency, dealers said. The rupee extended fresh gains in relation to dollar, gaining 10 paisa for buying and selli
Published 11 Aug, 2011 12:00am
Pakistan to extradite Bali bomb suspect to Indonesia

Pakistan to extradite Bali bomb suspect to Indonesia

Pakistani authorities have completed formalities to extradite the most wanted terror suspect in the deadly 2002 Bali bombing to Indonesia. Indonesian al Qaeda operative Umar Patek is wanted in the deadly Bali bombings, who was arrested from Abbottabad in
Published 11 Aug, 2011 12:00am
Pakistan to extradite Bali bomb suspect to Indonesia

Pakistan to extradite Bali bomb suspect to Indonesia

Pakistani authorities have completed formalities to extradite the most wanted terror suspect in the deadly 2002 Bali bombing to Indonesia. Indonesian al Qaeda operative Umar Patek is wanted in the deadly Bali bombings, who was arrested from Abbottabad in
Published 11 Aug, 2011 12:00am
Four US diplomats denied entry to Peshawar

Four US diplomats denied entry to Peshawar

Four officials from US Islamabad Embassy on Wednesday were sent back from Peshawar for reportedly not holding NOC. According to a report, after the 2nd May incident a vigilant security check has been kept on the movement of US diplomats. On Wednesday, fou
Published 11 Aug, 2011 12:00am
Four US diplomats denied entry to Peshawar

Four US diplomats denied entry to Peshawar

Four officials from US Islamabad Embassy on Wednesday were sent back from Peshawar for reportedly not holding NOC. According to a report, after the 2nd May incident a vigilant security check has been kept on the movement of US diplomats. On Wednesday, fou
Published 11 Aug, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (August 10, 2011).

Published 11 Aug, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Aug, 2011 12:00am
Britons call for looters to lose benefits

Britons call for looters to lose benefits

An online petition calling for looters and rioters to have their state welfare handouts withdrawn has proved so popular that the British government website hosting it crashed Wednesday. More than 78,000 people had signed the petition by the time it crashe
Published 11 Aug, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Aug, 2011 12:00am
Britons call for looters to lose benefits

Britons call for looters to lose benefits

An online petition calling for looters and rioters to have their state welfare handouts withdrawn has proved so popular that the British government website hosting it crashed Wednesday. More than 78,000 people had signed the petition by the time it crashe
Published 11 Aug, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 11 Aug, 2011 12:00am
Britons call for looters to lose benefits

Britons call for looters to lose benefits

An online petition calling for looters and rioters to have their state welfare handouts withdrawn has proved so popular that the British government website hosting it crashed Wednesday. More than 78,000 people had signed the petition by the time it crashe
Published 11 Aug, 2011 12:00am
FBR collected Rs 630.55 billion net sales tax in 2010-11

FBR collected Rs 630.55 billion net sales tax in 2010-11

The Federal Board of Revenue (FBR) collected Rs 630.55 billion as net sales tax collection during full year 2010-11, against Rs 517.3 billion of previous fiscal year (2009-10), reflecting an increase of Rs 113.25 billion. Business Recorder learnt h
Published 11 Aug, 2011 12:00am
FBR collected Rs 630.55 billion net sales tax in 2010-11

FBR collected Rs 630.55 billion net sales tax in 2010-11

The Federal Board of Revenue (FBR) collected Rs 630.55 billion as net sales tax collection during full year 2010-11, against Rs 517.3 billion of previous fiscal year (2009-10), reflecting an increase of Rs 113.25 billion. Business Recorder learnt h
Published 11 Aug, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 Aug, 2011 12:00am
FBR collected Rs 630.55 billion net sales tax in 2010-11

FBR collected Rs 630.55 billion net sales tax in 2010-11

The Federal Board of Revenue (FBR) collected Rs 630.55 billion as net sales tax collection during full year 2010-11, against Rs 517.3 billion of previous fiscal year (2009-10), reflecting an increase of Rs 113.25 billion. Business Recorder learnt h
Published 11 Aug, 2011 12:00am
Bank of New York Mellon plans 1,500 job cuts

Bank of New York Mellon plans 1,500 job cuts

Bank of New York Mellon Corp said Wednesday that it will cut about 1,500 jobs, or 3 percent of its work force, the latest sign of the banking industry's painful shrinking. CEO Bob Kelly noted that the bank's revenue had been growing but added that ``expen
Published 11 Aug, 2011 12:00am
ISE index gains 59.56 points

ISE index gains 59.56 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Wednesday where investors adopted cautious approach amid increase in index. ISE-10 Index showed improvement of 59.56 points from 2,400.74 points to 2,460.30 points. Turnover amounted to 41,
Published 11 Aug, 2011 12:00am
ISE index gains 59.56 points

ISE index gains 59.56 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Wednesday where investors adopted cautious approach amid increase in index. ISE-10 Index showed improvement of 59.56 points from 2,400.74 points to 2,460.30 points. Turnover amounted to 41,
Published 11 Aug, 2011 12:00am
BRIndex30 up 262.45 points

BRIndex30 up 262.45 points

On Wednesday, the BRIndex30 opened at 7,785.82 points and remained in positive throughout the trading session. It touched the intra-day high of 8,091.08 points and low of 7,981.82 points and closed at 8,048.27 points with a net positive change of 262.45 p
Published 11 Aug, 2011 12:00am
BRIndex30 up 262.45 points

BRIndex30 up 262.45 points

On Wednesday, the BRIndex30 opened at 7,785.82 points and remained in positive throughout the trading session. It touched the intra-day high of 8,091.08 points and low of 7,981.82 points and closed at 8,048.27 points with a net positive change of 262.45 p
Published 11 Aug, 2011 12:00am
Index gains 276.37 points

Index gains 276.37 points

The Karachi share market on Wednesday witnessed healthy recovery on the back of local investors'' interest on available attractive levels, analysts said. The KSE-100 index registered healthy recovery of 276.37 points to close at the level of 11,311.29 poi
Published 11 Aug, 2011 12:00am
Index gains 276.37 points

Index gains 276.37 points

The Karachi share market on Wednesday witnessed healthy recovery on the back of local investors' interest on available attractive levels, analysts said. The KSE-100 index registered healthy recovery of 276.37 points to close at the level of 11,311.29 poin
Published 11 Aug, 2011 12:00am
Index gains 276.37 points

Index gains 276.37 points

The Karachi share market on Wednesday witnessed healthy recovery on the back of local investors' interest on available attractive levels, analysts said. The KSE-100 index registered healthy recovery of 276.37 points to close at the level of 11,311.29 poin
Published 11 Aug, 2011 12:00am
SRB to collect FED on services

SRB to collect FED on services

The Sindh Revenue Board (SRB) has decided to collect federal excise duty on services (FEDoS) from all taxpayer companies and individuals, Business Recorder learnt on Wednesday. This decision was taken in the light of the advice furnished by Sindh L
Published 11 Aug, 2011 12:00am
SRB to collect FED on services

SRB to collect FED on services

The Sindh Revenue Board (SRB) has decided to collect federal excise duty on services (FEDoS) from all taxpayer companies and individuals, Business Recorder learnt on Wednesday. This decision was taken in the light of the advice furnished by Sindh L
Published 11 Aug, 2011 12:00am
SRB to collect FED on services

SRB to collect FED on services

The Sindh Revenue Board (SRB) has decided to collect federal excise duty on services (FEDoS) from all taxpayer companies and individuals, Business Recorder learnt on Wednesday. This decision was taken in the light of the advice furnished by Sindh L
Published 11 Aug, 2011 12:00am
ST, FED returns: date extended

ST, FED returns: date extended

In order to facilitate the business community, the Federal Board of Revenue (FBR) has decided to extend the date for payment of sales tax/federal excise duty (FED) for the Tax Period of July 2011 upto August 20 and filing of sales tax and federal excise r
Published 11 Aug, 2011 12:00am
ST, FED returns: date extended

ST, FED returns: date extended

In order to facilitate the business community, the Federal Board of Revenue (FBR) has decided to extend the date for payment of sales tax/federal excise duty (FED) for the Tax Period of July 2011 upto August 20 and filing of sales tax and federal excise r
Published 11 Aug, 2011 12:00am
ST, FED returns: date extended

ST, FED returns: date extended

In order to facilitate the business community, the Federal Board of Revenue (FBR) has decided to extend the date for payment of sales tax/federal excise duty (FED) for the Tax Period of July 2011 upto August 20 and filing of sales tax and federal excise r
Published 11 Aug, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (August 10, 2011).

Published 11 Aug, 2011 12:00am
19 Brigadiers promoted

19 Brigadiers promoted

The Pakistan Army Promotion Board has approved the promotion of 19 Brigadiers to the rank of Major General on Wednesday. The decision to this effect was made at the promotion board meeting held at the General Headquarters in Rawalpindi with Chief of Army
Published 11 Aug, 2011 12:00am