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Sep 23, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-08-18
UK riots: family members of Pakistani victims granted visa

UK riots: family members of Pakistani victims granted visa

The family members of two young Pakistani brothers, residents of Gulliana village, Gujar Khan Tehsil, who were murdered in Braminghom last week during riots, have been granted visa to visit the United Kingdom (UK). The visas have been issued on personal i
Published 18 Aug, 2011 12:00am
PQA in process of awarding second oil terminal without tendering

PQA in process of awarding second oil terminal without tendering

The Port Qasim Authority (PQA) is in the process of awarding second oil terminal to Fotco, without open tendering, according to a complaint received by Transparency International-Pakistan. The complaint pertains to the alleged 'illegal award' of oil termi
Published 18 Aug, 2011 12:00am
Admissions dates extended

Admissions dates extended

University of Karachi has extended the dates of admissions in B.Ed and M.Ed till September 16, 2011. The candidates, who are keen to take admissions, may also contact at colleges affiliated with University of Karachi.
Published 18 Aug, 2011 12:00am
Arrest of lawyers: LHC adjourns proceeding to September 15

Arrest of lawyers: LHC adjourns proceeding to September 15

The Lahore High Court (LHC) here on Wednesday adjourned to September 15 the proceedings in a petition against arrest of dozens of lawyers during protest against DPO, as the law officer informed the court that the matter has been settled. The law officer s
Published 18 Aug, 2011 12:00am
Call for fixing minimum 45 percent gap in CNG, petrol prices

Call for fixing minimum 45 percent gap in CNG, petrol prices

Gurus of CNG sector have strongly urged the government to maintain at least 45 percent price difference parity between CNG and petrol. This was stated by the leaders of All Pakistan CNG Association, CNG Dealers Association and CNG Owners Association inclu
Published 18 Aug, 2011 12:00am
Honoured with Hilal-e-Imtiaz: textile industry hails chairman Aptma

Honoured with Hilal-e-Imtiaz: textile industry hails chairman Aptma

Textile industry has hailed Chairman All Pakistan Textile Mills Association (Aptma) Gohar Ejaz for being honoured with Hilal-I-Imtiaz, the highest civil award, on Pakistan Day. They said it is for the first time in the business history of Pakistan that an
Published 18 Aug, 2011 12:00am
Businessmen frightened of rising extortion in Ramazan

Businessmen frightened of rising extortion in Ramazan

Businessmen are frightened over the rising trend of extortion's during Ramazan from various political and religious parties in the metropolis, saying it is difficult for them to carry on trade amid threats and violence. "At least three teams of each influ
Published 18 Aug, 2011 12:00am
People's cooperation must to tackle dengue threat

People's cooperation must to tackle dengue threat

Dengue is public health problem and this threat could be overcome through people's co-operation. Masses should ensure that there is no stranded water in room coolers, wash rooms, tubs or their plants pots moreover insect killer spray be under taken in hou
Published 18 Aug, 2011 12:00am
Islamic Relief hosts 'Iftar with orphans'

Islamic Relief hosts 'Iftar with orphans'

Islamic Relief hosted an "Iftar with Orphans" to celebrate the achievements of the 2,400 orphans it sponsors in Azad Kashmir and Pakistan. Representatives from civil society, the diplomatic community, heads of INGOs and government officials attended the I
Published 18 Aug, 2011 12:00am
Musical instruments industry seeks special incentives

Musical instruments industry seeks special incentives

Business Community engaged with musical instruments industry seeks government special attention and support for the modernisation and up-gradation of the industry and demanded special incentives and concessions for enhancing export of musical instruments.
Published 18 Aug, 2011 12:00am
Khyber Pakhtunkhwa government committed to alleviating poverty

Khyber Pakhtunkhwa government committed to alleviating poverty

Chief Minister Khyber Pakhtunkhwa, Ameer Haider Khan Hoti has said the provincial government besides taking practical steps to eradicate terrorism and militancy is also committed to alleviate poverty. "Bacha Khan Khpal Rozgar Scheme, scholarship programme
Published 18 Aug, 2011 12:00am
Corruption case of NFC: LHC seeks reply from respondents

Corruption case of NFC: LHC seeks reply from respondents

The Lahore High Court (LHC) adjourned hearing and sought reply from the respondents till August 24 in a corruption case of National Fertiliser Corporation (NFC). The petitioner Ahmed Ali Ranjha contended that the NFC officials were involved in black marke
Published 18 Aug, 2011 12:00am
Setting up of PDCs on the cards

Setting up of PDCs on the cards

Federal government is actively considering establishing "Product Development Centre" (PDC) for Composite Based Sports Goods in Sialkot costing Rs 373.466 million and work on this proposed project would be undertaken in near future.
Published 18 Aug, 2011 12:00am
Government to train officials of IPO enforcement committee

Government to train officials of IPO enforcement committee

The government has decided to train the officials of the enforcement committee of the Intellectual Property Organisation (IPO) about the functions/duties of the Federal Investigation Agency (FIA), Police and Customs to deal with piracy and counterfeiting
Published 18 Aug, 2011 12:00am
FBR to process all unpaid claims of SED drawback

FBR to process all unpaid claims of SED drawback

The Federal Board of Revenue (FBR) has decided to process all unpaid claims of special excise duty (SED) drawbacks paid on export following clearance of the Sales Tax Automated Refund Repository System (STARR), a system used for processing sales tax refun
Published 18 Aug, 2011 12:00am
World Humanitarian Day to be observed on August 19

World Humanitarian Day to be observed on August 19

The United Nations'(UN) World Humanitarian Day to be observed on August 19 over the world including Pakistan to increase public awareness about humanitarian assistance activities world-wide and the importance of international co-operation. World Humanitar
Published 18 Aug, 2011 12:00am
Amendments to FCR Act: PML-N leader criticises government

Amendments to FCR Act: PML-N leader criticises government

Provincial Leader of Pakistan Muslim League-Nawaz (PML-N), Anwar Kamal Marwat has criticised the government for not taking political parties on board regarding amendments to Frontier Crime Regulation (FCR) Act. Speaking at a news conference here on Wednes
Published 18 Aug, 2011 12:00am
Pakistani cardiologist honoured in US

Pakistani cardiologist honoured in US

An Allama Iqbal Medical College (AIMC) alumnus Dr Ahmed Ijaz Shah has been recognised for his contribution to healthcare by a newspaper in the United States. The Macon Telegraph featured Dr Ahmed Ijaz Shah (graduate of AIMC session 1995-96) a cardiologist
Published 18 Aug, 2011 12:00am
145 flood relief camps set up in Badin

145 flood relief camps set up in Badin

Pakistan People's Party leader, Taj Haider on Wednesday said that about 300,000 families were affected from floods in Sindh and 145 flood relief camps have so far been set up only in Badin to provide shelter to the affectees. Talking to Voice Of America (
Published 18 Aug, 2011 12:00am
Domestic laws need to be implemented for disabled people

Domestic laws need to be implemented for disabled people

The people with disabilities face hatred, discrimination, violence, deprivation and injustice in Pakistan because domestic laws are not implemented. "Pakistan is legally bound as per UN international law CRPD to take practical measures for creating better
Published 18 Aug, 2011 12:00am
DG PBIT welcomes Turkish delegation

DG PBIT welcomes Turkish delegation

Punjab Board of Investment and Trade (PBIT) hosted a 10 member delegation from Turkey, which arrived in Lahore to assist Pakistan develop new energy projects. The delegation, which comprises experts from three prominent Turkish government organisations, n
Published 18 Aug, 2011 12:00am
Floodwater inundates over 50 villages in Thatta

Floodwater inundates over 50 villages in Thatta

More than 50 villages were inundated when floodwater coming from Badin saline nullahs entered in two tehsils of Thatta on Wednesday. According to reports, floodwater has changed its course towards Thatta district and has breached saline nullahs of two teh
Published 18 Aug, 2011 12:00am
Free medical camps organised in rain-affected areas

Free medical camps organised in rain-affected areas

On the directives of Professor Dr Naushad Ahmed Shaikh, Vice Chancellor of Liaquat University of Medical and Health Sciences (LUMHS) Jamshoro, the free medical camps were organised in rain-affected areas of Mirpurkhas, Jhudo and Kot Mir Jan Muhammad.
Published 18 Aug, 2011 12:00am
MoF, PD oppose MNCs'', dealers'' margins hike

MoF, PD oppose MNCs'', dealers'' margins hike

The Ministry of Finance and Planning Division have reportedly opposed upward revision of profit margins of the oil marketing companies (OMCs) and petroleum dealers--for different reasons--sources told Business Recorder.
Published 18 Aug, 2011 12:00am
Index recovers 36.2 points

Index recovers 36.2 points

Selective buying, mainly by local investors, on Wednesday supported the KSE-100 index to register an increase of 36.2 points to close at 11,269.95 points. Foreign investors, however, remained on the selling side and withdrew $0.88 million from the equity
Published 18 Aug, 2011 12:00am
Index recovers 36.2 points

Index recovers 36.2 points

Selective buying, mainly by local investors, on Wednesday supported the KSE-100 index to register an increase of 36.2 points to close at 11,269.95 points. Foreign investors, however, remained on the selling side and withdrew $0.88 million from the equity
Published 18 Aug, 2011 12:00am
Index recovers 36.2 points

Index recovers 36.2 points

Selective buying, mainly by local investors, on Wednesday supported the KSE-100 index to register an increase of 36.2 points to close at 11,269.95 points. Foreign investors, however, remained on the selling side and withdrew $0.88 million from the equity
Published 18 Aug, 2011 12:00am
BRIndex30 up 27.28 points

BRIndex30 up 27.28 points

On Wednesday, the BRIndex30 opened at 8,086.29 points. It touched the intra-day high of 8,158.46 points and low of 8,069.80 points and closed at 8,113.57 points with a net positive change of 27.28 points, or 0.34 percent higher than previous close. The vo
Published 18 Aug, 2011 12:00am
BRIndex30 up 27.28 points

BRIndex30 up 27.28 points

On Wednesday, the BRIndex30 opened at 8,086.29 points. It touched the intra-day high of 8,158.46 points and low of 8,069.80 points and closed at 8,113.57 points with a net positive change of 27.28 points, or 0.34 percent higher than previous close. The vo
Published 18 Aug, 2011 12:00am
Gold price surpasses Rs 50,000 mark

Gold price surpasses Rs 50,000 mark

The prices of gold on Wednesday surpassed for the first time Rs 50,000 mark and closed at historic high of Rs 50,057 per 10-gram up from Rs 49,714 on the local market, traders said. The price gold per tola also set a new record of Rs 58,400 up by Rs 400 w
Published 18 Aug, 2011 12:00am
Gold price surpasses Rs 50,000 mark

Gold price surpasses Rs 50,000 mark

The prices of gold on Wednesday surpassed for the first time Rs 50,000 mark and closed at historic high of Rs 50,057 per 10-gram up from Rs 49,714 on the local market, traders said. The price gold per tola also set a new record of Rs 58,400 up by Rs 400 w
Published 18 Aug, 2011 12:00am
Gold price surpasses Rs 50,000 mark

Gold price surpasses Rs 50,000 mark

The prices of gold on Wednesday surpassed for the first time Rs 50,000 mark and closed at historic high of Rs 50,057 per 10-gram up from Rs 49,714 on the local market, traders said. The price gold per tola also set a new record of Rs 58,400 up by Rs 400 w
Published 18 Aug, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (August 17, 2011).

Published 18 Aug, 2011 12:00am
Net ST collection in July amounts to Rs 55.513 billion

Net ST collection in July amounts to Rs 55.513 billion

The net sales tax collection stood at Rs 55.513 billion during July 2011 against Rs 40.800 billion in the corresponding period of last fiscal year, showing a 36.061 percent increase. Sources told Business Recorder here on Wednesday that the FBR Dir
Published 18 Aug, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (August 17, 2011).

Published 18 Aug, 2011 12:00am
Net ST collection in July amounts to Rs 55.513 billion

Net ST collection in July amounts to Rs 55.513 billion

The net sales tax collection stood at Rs 55.513 billion during July 2011 against Rs 40.800 billion in the corresponding period of last fiscal year, showing a 36.061 percent increase. Sources told Business Recorder here on Wednesday that the FBR Dir
Published 18 Aug, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (August 17, 2011).

Published 18 Aug, 2011 12:00am
Net ST collection in July amounts to Rs 55.513 billion

Net ST collection in July amounts to Rs 55.513 billion

The net sales tax collection stood at Rs 55.513 billion during July 2011 against Rs 40.800 billion in the corresponding period of last fiscal year, showing a 36.061 percent increase. Sources told Business Recorder here on Wednesday that the FBR Dir
Published 18 Aug, 2011 12:00am
Huge decline in current account deficit in July

Huge decline in current account deficit in July

The country's current account deficit narrowed down by 88 percent during the first month of current fiscal year 2011-12, primarily driven by rising foreign inflows and a decline in trade and services deficit. The State Bank of Pakistan on Wednesday said t
Published 18 Aug, 2011 12:00am
Huge decline in current account deficit in July

Huge decline in current account deficit in July

The country's current account deficit narrowed down by 88 percent during the first month of current fiscal year 2011-12, primarily driven by rising foreign inflows and a decline in trade and services deficit. The State Bank of Pakistan on Wednesday said t
Published 18 Aug, 2011 12:00am
Huge decline in current account deficit in July

Huge decline in current account deficit in July

The country''s current account deficit narrowed down by 88 percent during the first month of current fiscal year 2011-12, primarily driven by rising foreign inflows and a decline in trade and services deficit. The State Bank of Pakistan on Wednesday said
Published 18 Aug, 2011 12:00am
Rains cost billions in crop loss: over 1.1 million displaced in Sindh

Rains cost billions in crop loss: over 1.1 million displaced in Sindh

The recent heavy rains led to breaches in canals and Left Bank Outfall Drain (LBOD) compelling over 1.1 million to vacate their homes in Sindh province, officials said. According to National Disaster Management Authority (NDMA), the breaches in LBOD and c
Published 18 Aug, 2011 12:00am
Rains cost billions in crop loss: over 1.1 million displaced in Sindh

Rains cost billions in crop loss: over 1.1 million displaced in Sindh

The recent heavy rains led to breaches in canals and Left Bank Outfall Drain (LBOD) compelling over 1.1 million to vacate their homes in Sindh province, officials said. According to National Disaster Management Authority (NDMA), the breaches in LBOD and c
Published 18 Aug, 2011 12:00am
Rains cost billions in crop loss: over 1.1 million displaced in Sindh

Rains cost billions in crop loss: over 1.1 million displaced in Sindh

The recent heavy rains led to breaches in canals and Left Bank Outfall Drain (LBOD) compelling over 1.1 million to vacate their homes in Sindh province, officials said. According to National Disaster Management Authority (NDMA), the breaches in LBOD and c
Published 18 Aug, 2011 12:00am
LSM posts 1.14 percent growth in fiscal year 2011

LSM posts 1.14 percent growth in fiscal year 2011

After posting a negative growth during the first half, the Large Scale Manufacturing (LSM) industries has registered a growth of over one percent during the last fiscal year 2010-2011 (FY11). Quantum Index Number of LSM industries has witnessed some 1.14
Published 18 Aug, 2011 12:00am
LSM posts 1.14 percent growth in fiscal year 2011

LSM posts 1.14 percent growth in fiscal year 2011

After posting a negative growth during the first half, the Large Scale Manufacturing (LSM) industries has registered a growth of over one percent during the last fiscal year 2010-2011 (FY11). Quantum Index Number of LSM industries has witnessed some 1.14
Published 18 Aug, 2011 12:00am
LSM posts 1.14 percent growth in fiscal year 2011

LSM posts 1.14 percent growth in fiscal year 2011

After posting a negative growth during the first half, the Large Scale Manufacturing (LSM) industries has registered a growth of over one percent during the last fiscal year 2010-2011 (FY11). Quantum Index Number of LSM industries has witnessed some 1.14
Published 18 Aug, 2011 12:00am
PQA chairman's re-employment challenged

PQA chairman's re-employment challenged

Re-employment of the Chairman of Port Qasim Authority (PQA) has been challenged in Supreme Court (SC). The petitioner, Abdul Jabbar Memon, also the dysfunctional Secretary of the port, filed the petition on Wednesday under the Rule 6 of SC Rules 1980, req
Published 18 Aug, 2011 12:00am
PQA chairman's re-employment challenged

PQA chairman's re-employment challenged

Re-employment of the Chairman of Port Qasim Authority (PQA) has been challenged in Supreme Court (SC). The petitioner, Abdul Jabbar Memon, also the dysfunctional Secretary of the port, filed the petition on Wednesday under the Rule 6 of SC Rules 1980, req
Published 18 Aug, 2011 12:00am
PQA chairman''s re-employment challenged

PQA chairman''s re-employment challenged

Re-employment of the Chairman of Port Qasim Authority (PQA) has been challenged in Supreme Court (SC). The petitioner, Abdul Jabbar Memon, also the dysfunctional Secretary of the port, filed the petition on Wednesday under the Rule 6 of SC Rules 1980, req
Published 18 Aug, 2011 12:00am
LSE index gains 45.14 points

LSE index gains 45.14 points

Equities on Wednesday registered gains on the Lahore Stock Exchange amid bullish sentiment following buying interest in select scrips of blue chips companies. The LSE-25 index improved by 45.14 points and closed at 2859.29 points against 2814.15 points of
Published 18 Aug, 2011 12:00am
LSE index gains 45.14 points

LSE index gains 45.14 points

Equities on Wednesday registered gains on the Lahore Stock Exchange amid bullish sentiment following buying interest in select scrips of blue chips companies. The LSE-25 index improved by 45.14 points and closed at 2859.29 points against 2814.15 points of
Published 18 Aug, 2011 12:00am
ISE index improves by 14.23 points

ISE index improves by 14.23 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 an improvement of 14.23 points from 2,440.75 to 2,454.98 points. Turnover amounted to 23,772
Published 18 Aug, 2011 12:00am
ISE index improves by 14.23 points

ISE index improves by 14.23 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 an improvement of 14.23 points from 2,440.75 to 2,454.98 points. Turnover amounted to 23,772
Published 18 Aug, 2011 12:00am
India protests swell as anti-graft activist fasts

India protests swell as anti-graft activist fasts

Protests swelled across India on Wednesday in support of a self-styled Gandhian anti-corruption campaigner fasting to the death in jail, with Prime Minister Manmohan Singh's struggling government at a loss over how to end the stand-off. Singh, 78, who is
Published 18 Aug, 2011 12:00am
India protests swell as anti-graft activist fasts

India protests swell as anti-graft activist fasts

Protests swelled across India on Wednesday in support of a self-styled Gandhian anti-corruption campaigner fasting to the death in jail, with Prime Minister Manmohan Singh's struggling government at a loss over how to end the stand-off. Singh, 78, who is
Published 18 Aug, 2011 12:00am
Lahore-Karachi: first-ever business train soon

Lahore-Karachi: first-ever business train soon

Four Brothers Group, Pakistan under the public-private partnership with Pakistan Railways will run first-ever Business Train between Lahore-Karachi-Lahore. According to the group's sources, the train comprising of nine coaches would be fully air-condition
Published 18 Aug, 2011 12:00am
Lahore-Karachi: first-ever business train soon

Lahore-Karachi: first-ever business train soon

Four Brothers Group, Pakistan under the public-private partnership with Pakistan Railways will run first-ever Business Train between Lahore-Karachi-Lahore. According to the group's sources, the train comprising of nine coaches would be fully air-condition
Published 18 Aug, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 18 Aug, 2011 12:00am
Lahore-Karachi: first-ever business train soon

Lahore-Karachi: first-ever business train soon

Four Brothers Group, Pakistan under the public-private partnership with Pakistan Railways will run first-ever Business Train between Lahore-Karachi-Lahore. According to the group''s sources, the train comprising of nine coaches would be fully air-conditio
Published 18 Aug, 2011 12:00am
Only two-day gas load-shedding in Punjab

Only two-day gas load-shedding in Punjab

The government has decided to reduce gas load-shedding period from two and half days to two days in Punjab, due to mounting pressure by the All Pakistan CNG Association (APCNGA) as well as politicians. The decision has been taken after a delegation of APC
Published 18 Aug, 2011 12:00am
Only two-day gas load-shedding in Punjab

Only two-day gas load-shedding in Punjab

The government has decided to reduce gas load-shedding period from two and half days to two days in Punjab, due to mounting pressure by the All Pakistan CNG Association (APCNGA) as well as politicians. The decision has been taken after a delegation of APC
Published 18 Aug, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 18 Aug, 2011 12:00am
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