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Print - 2011-08-26
Copper climbs

Copper climbs

Copper rose to its highest since early August as investors saw a rise in US jobless claims as falling short of signalling a fresh recession, and on optimism that the Federal Reserve stands ready to support the ailing economy. Three-month copper on the Lon
Published 26 Aug, 2011 12:00am
Oil rises as Hurricane Irene, Libya in focus

Oil rises as Hurricane Irene, Libya in focus

Oil rose on Thursday due to concerns about Hurricane Irene's impact on US East Coast fuel supplies and fighting in Libya. Crude supported by strong gains in gasoline and heating oil futures as the market kept a close watch on powerful Hurricane Irene, whi
Published 26 Aug, 2011 12:00am
Tokyo, Shanghai rubber rise

Tokyo, Shanghai rubber rise

Tokyo rubber futures generally ended slightly higher on Thursday, supported by firm oil prices, but there was no momentum to push far because of global economic uncertainty and operators quickly took profits, dealers said. The benchmark rubber contract on
Published 26 Aug, 2011 12:00am
US wheat, corn and soyabean fall

US wheat, corn and soyabean fall

US wheat fell on Wednesday, led by a 3 percent plunge in top-quality spring wheat which posted its biggest drop in nearly two months on profit-taking and a bigger-than-expected Canadian wheat crop. Corn and soybeans also turned down on profit-taking after
Published 26 Aug, 2011 12:00am
Malaysian palm oil slips

Malaysian palm oil slips

Malaysian palm oil futures fell on Thursday on worries over slower overseas demand after top producer Indonesia revised its export tax structure that could make its shipments cheaper and on caution over the global economy. Indonesia, the world's top palm
Published 26 Aug, 2011 12:00am
Arabica up for 13th day

Arabica up for 13th day

Arabica coffee futures hit a 2-1/2 month peak on Thursday, rising for the 13th straight session due to tight supplies of high-quality beans although profit-taking knocked prices off their highs. Raw sugar slid as much as 4 percent in the second straight d
Published 26 Aug, 2011 12:00am
US gold posts biggest drop since 1980

US gold posts biggest drop since 1980

Gold futures fell more than $100 on Wednesday, one of the steepest falls ever, as strong US economic data and expectations of more Federal Reserve stimulus accelerated profit taking from the safe-haven record high of a day ago. Selling spiralled out of co
Published 26 Aug, 2011 12:00am
Gold falls in Asia

Gold falls in Asia

Gold fell more than 1 percent on Thursday, extending the previous session's losses, after the CME Group raised trading margins by the most in over two and a half years to curb volatility in bullion that had surged to dizzying heights. Spot gold dropped by
Published 26 Aug, 2011 12:00am
Gold falls $200 from Tuesday's record high

Gold falls $200 from Tuesday's record high

Gold tumbled nearly 3 percent on Thursday to more than $200 below Tuesday's record highs, as investors cashed in scorching gains in the precious metal after the CME Group hiked gold trading margins for a second time this month. Investment appetite for gol
Published 26 Aug, 2011 12:00am
US MIDDAY: grains up

US MIDDAY: grains up

US wheat rose on Thursday, led by a 2 percent jump in Kansas City hard red winter milling wheat as drought posed a threat to seedings of the 2012 crop. Corn and soyabeans held firm as there was more supportive news from the annual Pro Farmer crop tour, wh
Published 26 Aug, 2011 12:00am
US MIDDAY: copper surges

US MIDDAY: copper surges

Copper jumped nearly 2 percent to close Wednesday at a three-week high, as confidence in Asian economic growth prospects and speculation that the Federal Reserve could stand ready to support the ailing US economy powered prices higher.
Published 26 Aug, 2011 12:00am
US MIDDAY: gold rebounds

US MIDDAY: gold rebounds

Gold rose on Thursday after two days of sharp declines, as tumbling European and US equity markets sparked by talk that Germany might enact a short-sale ban prompted investors to buy gold as a safe haven. Early in the session, bullion dropped as much as 3
Published 26 Aug, 2011 12:00am
Punjab University notification

Punjab University notification

Punjab University has extended date for registration of private candidates who want to appear in BA/BSc Annual Examination 2012 till September 15, 2012. Now the candidates can submit their registration forms and fee of rupees 2,350/- till September 15 201
Published 26 Aug, 2011 12:00am
University of Bedfordshire, Comsats sign agreement

University of Bedfordshire, Comsats sign agreement

An agreement was concluded between the University of Bedfordshire, UK (UoB) and the Comsats Institute of Information Technology, Pakistan (CIIT). The two institutions agreed to offer collaborative dual degree programmes in the disciplines of Business Admi
Published 26 Aug, 2011 12:00am
Brazil offers training courses to Pakistani officials

Brazil offers training courses to Pakistani officials

In a bid to strengthen bilateral relationship between the Brazil and Pakistan, Brazilian government has offered 24 training courses to Pakistani officials under the Brazilian Technical Co-operation Programme. According to details, the permanent representa
Published 26 Aug, 2011 12:00am
Quds, Kashmir Day today

Quds, Kashmir Day today

Quds and Kashmir Day will be observed in Indian occupied Kashmir on Friday to draw world attention towards the fact that people in both the places have been deprived of their inalienable right of self-determination. Call for the observance of the Day has
Published 26 Aug, 2011 12:00am
Political detainees in IHK to be freed

Political detainees in IHK to be freed

The Indian government in Indian occupied Kashmir has decided to free political detainees arrested under the draconian law, Public Safety Act (PSA) on Thursday. According to Kashmir Media Service, Veteran Kashmiri Hurriyet leader, Syed Ali Gilani called fo
Published 26 Aug, 2011 12:00am
31 petitions disposed of

31 petitions disposed of

The Supreme Court (SC) disposed of 31 identical petitions filed by employees of National Bank of Pakistan (NBP) for the restoration of their service against a judgement of Federal Service Tribunal (FST) and held that civil servants could only file appeal
Published 26 Aug, 2011 12:00am
Visit of foreign trade teams to Sialkot must be ensured

Visit of foreign trade teams to Sialkot must be ensured

Local exporter community has urged upon the federal governments and Trade Development Authority of Pakistan (TDAP) that the visit of foreign investors and other trade delegations should be ensured to this export-oriented city and hub of cottage industries
Published 26 Aug, 2011 12:00am
'Constant monitoring of uplift projects should be ensured'

'Constant monitoring of uplift projects should be ensured'

Minister Agriculture and Irrigation Punjab Malik Ahmed Ali has instructed the high ups of Irrigation Department for timely completion of annual development projects. He was presiding over a review meeting of annual development projects here on Thursday. S
Published 26 Aug, 2011 12:00am
Ahmed Faraz's death anniversary observed

Ahmed Faraz's death anniversary observed

The third death anniversary of Ahmed Faraz, one of the greatest Pakistani Urdu poets, was observed on Thursday. Ahmad Faraz was born in Kohat on 14th January 1931. He was considered one of the greatest modern Urdu poets of the last century. Faraz is his p
Published 26 Aug, 2011 12:00am
Supreme Court's suo motu notice?

Supreme Court's suo motu notice?

This refers to August 23 lead media news headline, "SC takes suo motu notice of Karachi violence". This news report has immensely amused the cynic and the skeptic, for the simple reason that as to what the apex court can practically do, under the circumst
Published 26 Aug, 2011 12:00am
Brief recordings: Financial derivatives made easy - Part-II

Brief recordings: Financial derivatives made easy - Part-II

As explained in a review on financial derivatives titled "Financial derivatives made easy" published in this section last Friday, derivative contracts are formed either to capitalise on the future price direction of an underling asset or hedge price risk.
Published 26 Aug, 2011 12:00am
US has dealt big blow to al Qaeda, but it's not dead yet

US has dealt big blow to al Qaeda, but it's not dead yet

Al Qaeda's inability to hit the United States in the 10 years since September 11 attacks shows the war on terrorism has been effective, even as the US government still struggles to streamline management of the counter-terrorism effort, experts say.
Published 26 Aug, 2011 12:00am
Transforming business education to produce effective leaders

Transforming business education to produce effective leaders

Pakistan with its population of around 170 million is fertile with competent human resource that is both dedicated and talented. When given the opportunity Pakistanis excel immensely in whatever field they focus, hence the need of the hour is to focus on
Published 26 Aug, 2011 12:00am
Facilitating or fighting black money?

Facilitating or fighting black money?

While elsewhere the governments are seriously fighting the twin menace of black money and tax evasion, our rulers - civil and military alike - have provided legal ways and means for money laundering to the criminal gangs. For example, section 111(4) of th
Published 26 Aug, 2011 12:00am
Jail reforms: need of the hour

Jail reforms: need of the hour

According to a recent news report, inmates at the Karachi women's prison are now learning the art of yoga as part of their daily routine. The project was initiated almost two years ago. Women prisoners have gradually shown interest and credited it with pr
Published 26 Aug, 2011 12:00am
Hollow assurances

Hollow assurances

In his recent visit to China, US Vice President Joe Biden seems to have gone an extra mile to atone his hosts. In the last leg of his tour, he asserted that the world's biggest economy, meaning the US, would never default on its debts. "The United States
Published 26 Aug, 2011 12:00am
School blown up in Swabi

School blown up in Swabi

Unknown miscreants blown up a private school in the night between Wednesday and Thursday in the limits of Kalu Khan police station. According to police, unknown miscreants planted explosive material outside the school building that went off with a big ban
Published 26 Aug, 2011 12:00am
Prices of staple food items increase by 17 percent over last year's

Prices of staple food items increase by 17 percent over last year's

Prices of staple food items in Pakistan had increased by 17 percent ahead of Ramazan, making food much expensive for people compared to last year, an Oxfam survey reveals. According to Oxfam, the price of vegetables rose by 14 percent, wheat by 3 percent,
Published 26 Aug, 2011 12:00am
Non-payment to company: LHC summons secretary food department

Non-payment to company: LHC summons secretary food department

Lahore High Court here Thursday summoned secretary food department in a contempt of court petition for not making payment of outstanding amount to a company despite a court order. The petitioner, Rashid & Sons through its counsel contended that the compan
Published 26 Aug, 2011 12:00am
PTI chief supports struggle of Palestinian people

PTI chief supports struggle of Palestinian people

Imran Khan, Chairman PTI, in his address on Al Quds Day at the Iranian embassy on Thursday August, highlighted the support of the Pakistani nation and its founder Quaid-i-Azam Monahmmed Ali Jinnah for the just cause and struggle of the Palestinian people.
Published 26 Aug, 2011 12:00am
Etihad adds four more Russian cities

Etihad adds four more Russian cities

Etihad Airways continues to build its presence in Russia with the expansion of the commercial agreement with S7 Airlines. S7 Airlines is Russia's fastest growing airline and the country's largest domestic carrier.
Published 26 Aug, 2011 12:00am
No Eid holidays for 1122 rescuers

No Eid holidays for 1122 rescuers

Rescue 1122 management has cancelled Eid holidays for rescuers in order to provide emergency rescue cover at important mosques, worship places and Eidgahs on the occasion of Eid-ul-Fitr. District Emergency Officer, Mian Riffat Zia while presiding over a s
Published 26 Aug, 2011 12:00am
UBL, TPL Trakker launch C-track financing

UBL, TPL Trakker launch C-track financing

UBL and TPL Trakker Limited signed an agreement whereby UBL Drive customers will be provided C-track financing facility. TPL is Pakistan's first and largest vehicle tracking company. With over 150,000 clients in Pakistan and presence in Middle East TPL is
Published 26 Aug, 2011 12:00am
Sheheryar awarded Achievement Award

Sheheryar awarded Achievement Award

Sheheryar Ali Malik, Project Director, Guard Auto Zones was awarded Achievement Award 2011 by the Prime Minister Syed Yousuf Raza Gilani at the recently held 7th Achievement Award function of Lahore Chamber of Commerce and Industry (LCCI). Auto Zone conce
Published 26 Aug, 2011 12:00am
Licences of 17 travel agencies cancelled

Licences of 17 travel agencies cancelled

Department of Tourist Services (DTS) has axed licences of 17 travel agencies due to multiple reasons, well-placed sources told Business Recorder on Thursday. DTS has taken this step a few days ago because some travel agencies out of 17 have not pai
Published 26 Aug, 2011 12:00am
'Rooftop vegetable planting can save money, energy, time'

'Rooftop vegetable planting can save money, energy, time'

President Sindh Chamber of Agriculture Karachi Chapter, Abdullah Rafi has advised people in the cities to start cultivation of vegetables on the rooftop of their houses. He said rooftop gardens, as a specific urban agriculture niche set within a broader s
Published 26 Aug, 2011 12:00am
IBA wins South Asian Accreditation

IBA wins South Asian Accreditation

IBA joined the select group of seven other top business schools in South Asia - six from India and one from Pakistan (LUMS) as it was awarded the coveted accreditation by the South Asian Quality Assurance System (SAQS).
Published 26 Aug, 2011 12:00am
Violence in Karachi: meeting satisfied with action against criminals

Violence in Karachi: meeting satisfied with action against criminals

A high level meeting presided over by Syed Qaim Ali Shah on Thursday reviewed law and order situation and the outcome of measures taken by the Law Enforcement Agencies to maintain peace. Among others Interior minister Rehman Malik also attended the meetin
Published 26 Aug, 2011 12:00am
90 suspects held during surgical operation: Malik

90 suspects held during surgical operation: Malik

Interior Minister Rehman Malik said that police and Rangers have arrested over 90 suspects on different charges during surgical operation in different areas of the city. It is time to promote unity and solidarity among people and law enforcement agencies
Published 26 Aug, 2011 12:00am
Sanaullah flays Raja Riaz for statement

Sanaullah flays Raja Riaz for statement

Provincial Minister for Law, Rana Sanaullah Khan here on Thursday said that after his ousting from the ministry, Raja Riaz is habitual of issuing futile statements against Punjab government. He said that during his ministry, Riaz did not see any fault in
Published 26 Aug, 2011 12:00am
Around Rs 8.6 million looted in separate robberies

Around Rs 8.6 million looted in separate robberies

Around Rs 8.6 million was looted in two separate robberies bids at different parts of the metropolis here on Thursday. First robbery was made at Aziz Bhatti police limits where a group of armed robbers looted around Rs 4.6 million from a moneychanger in b
Published 26 Aug, 2011 12:00am
Profit after tax of Lotte Pakistan increases to Rs 3.698 billion

Profit after tax of Lotte Pakistan increases to Rs 3.698 billion

The profit after tax of Lotte Pakistan has increased to Rs 3.698 billion in the half year period ended June 30, 2011 as compared to Rs 2.176 billion earned in the corresponding period in 2010. The board of directors of the company in its meeting held here
Published 26 Aug, 2011 12:00am
Profit after tax of ICI declines

Profit after tax of ICI declines

The profit after tax of ICI Pakistan Limited has declined to Rs 972.557 million in the half-year period ended June 30, 2011 as compared to Rs 1,165.022 million earned in the corresponding period in 2010. The company's earning per shares has declined to Rs
Published 26 Aug, 2011 12:00am
Profit after tax of ICI declines

Profit after tax of ICI declines

The profit after tax of ICI Pakistan Limited has declined to Rs 972.557 million in the half-year period ended June 30, 2011 as compared to Rs 1,165.022 million earned in the corresponding period in 2010. The company's earning per shares has declined to Rs
Published 26 Aug, 2011 12:00am
Eight out of 1,000 patients found with deficit of platelets

Eight out of 1,000 patients found with deficit of platelets

A total of 8 out of 1000 dengue patients were found with a deficit of platelets in a CBC test at the Services Hospital on Thursday. Dr Muhammad Jawed, Medical Superintendent, told Business Recorder two latest CBC machines have been installed in the
Published 26 Aug, 2011 12:00am
PRCL posts Rs 378.95 million profit after tax

PRCL posts Rs 378.95 million profit after tax

Pakistan Reinsurance Company Limited (PRCL) has posted Rs 378.95 million as profit after tax in the half year period ended June 30, 2011 as compared to after tax loss of Rs 86.639 million recorded in the corresponding period in 2010. The board of director
Published 26 Aug, 2011 12:00am
PRCL posts Rs 378.95 million profit after tax

PRCL posts Rs 378.95 million profit after tax

Pakistan Reinsurance Company Limited (PRCL) has posted Rs 378.95 million as profit after tax in the half year period ended June 30, 2011 as compared to after tax loss of Rs 86.639 million recorded in the corresponding period in 2010. The board of director
Published 26 Aug, 2011 12:00am
SCBL profit after tax increases

SCBL profit after tax increases

The profit after tax of Standard Chartered Bank (Pakistan) Limited (SCBL) has increased to Rs 1.714 billion in the half year period ended June 30, 2011 as compared to Rs 1.357 billion earned in the corresponding period in 2010. The board of directors of t
Published 26 Aug, 2011 12:00am
SCBL profit after tax increases

SCBL profit after tax increases

The profit after tax of Standard Chartered Bank (Pakistan) Limited (SCBL) has increased to Rs 1.714 billion in the half year period ended June 30, 2011 as compared to Rs 1.357 billion earned in the corresponding period in 2010. The board of directors of t
Published 26 Aug, 2011 12:00am
Stringent security measures afoot for Jumat-ul Wida

Stringent security measures afoot for Jumat-ul Wida

Muslims all across the country will observe Jumat-ul Wida, last Friday of the holy month of Ramazan, with religious reverence today (Friday). A large number of the faithful would pay visit to mosques to offer prayers with respect and honour as the day bea
Published 26 Aug, 2011 12:00am
Proposals for reducing auto tariff: PAAPAM critical of sub-committee

Proposals for reducing auto tariff: PAAPAM critical of sub-committee

Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has strongly condemned the formation of sub-committee led by the Ministry of Industries to recommend proposals for reducing tariff on auto at the behest of the Chairman Planni
Published 26 Aug, 2011 12:00am
Ousting MQM from ruling alliance essential for peace: Jamaat-e-Islami

Ousting MQM from ruling alliance essential for peace: Jamaat-e-Islami

The Jamaat-e-Islami Chief, Syed Munawar Hasan, said that Karachi situation could be improved only by removing the Sindh Governor, forcing the MQM to sit on the opposition benches in the Sindh Assembly, putting behind the bars all law breakers and starting
Published 26 Aug, 2011 12:00am
Violence a threat to survival of country: chief minister Punjab

Violence a threat to survival of country: chief minister Punjab

Punjab Chief Minister Muhammad Shahbaz Sharif said that the aim of economic development in Pakistan cannot be achieved without curbing violence and restoration of peace in Karachi. He said that the existing wave of violence in Karachi is a threat to the s
Published 26 Aug, 2011 12:00am
Zardari to visit China on August 30

Zardari to visit China on August 30

President Asif Ali Zardari will visit China from August 30 to September 1, to participate in the China-Eurasia Expo being held in Urumqi. Giving details of the visit of President Zardari to China, Foreign Office Spokesperson Tehmina Janjua on Thursday sai
Published 26 Aug, 2011 12:00am
Friday to be observed as 'Youm-ul-Quds'

Friday to be observed as 'Youm-ul-Quds'

President of Shia Ulema Council Punjab, Allama Abud Jalil Naqvi said that Friday would be observed as Youm-ul-Quds across the country to show solidarity with the suffering people of Palestine. He said Baitul Muqaddas (Kibla-e-Awal) is a common heritage of
Published 26 Aug, 2011 12:00am
Attack on Babak condemned

Attack on Babak condemned

The staffers of non-governmental organisation - BAHAR Totalai chapter has strongly condemned the brutal attack on Provincial Minister for Education Sardar Hussain Babak and his colleagues. In a press statement issued here on Thursday, the staffers of BAHA
Published 26 Aug, 2011 12:00am
We need middle class leadership to end feudal system: Farooq

We need middle class leadership to end feudal system: Farooq

Central Leader of Muttahida Qaumi Movement (MQM) Dr Farooq Sattar has said that if there is no peaceful change through ballot then Egypt and Syria like situation will arise in Pakistan. He said that strict action would be taken against miscreants irrespec
Published 26 Aug, 2011 12:00am
Heavy downpour may cause urban flash flooding

Heavy downpour may cause urban flash flooding

The Met Office on Thursday warned that heavy downpour may cause urban flash flooding in most parts of the country, saying more monsoon rains are likely to fall during the next 24 hours. Under the sever weather warning, the office says heavy downpour is li
Published 26 Aug, 2011 12:00am
Tarbela Dam close to maximum reserve level

Tarbela Dam close to maximum reserve level

The country's biggest water reservoir, Tarbela Dam was just three feet short of its maximum reserve level of 1,550 ft on Thursday and would be filled in two days. Punjab Irrigation Canal Regulator, M. H. Siddiqui told Business Recorder, here on Thursday.
Published 26 Aug, 2011 12:00am
SU researcher unveils 'Sindhi spellchecker'

SU researcher unveils 'Sindhi spellchecker'

A faculty member and scholar for M.Phil research programme at the Institute of Information and Communication Technology, University of Sindh, Zeeshan Bhatti has completed his M.Phil research on Sindhi word spellchecker and defended his final M.Phil semina
Published 26 Aug, 2011 12:00am
Another lawyer gunned down in Karachi

Another lawyer gunned down in Karachi

Another lawyer of Sindh High Court was targeted at Zamzama Commercial Street in the limits of Clifton police station on Thursday. According to police, the victim Mohammad Murtaza Chinoy, 32, son of Nazeer, was gunned down by two armed assailants when he w
Published 26 Aug, 2011 12:00am
Self-employed Women's Fund for home-based women workers

Self-employed Women's Fund for home-based women workers

Under the supervision of the Director of Centre of Excellence for Women's Studies and founder of Anjuman Taraqqi-e-Niswan Professor Dr Nasreen Aslam and members Self-Employed Women's Fund is established for home-based women workers.
Published 26 Aug, 2011 12:00am
Lawyer's killing in Karachi: Asma urges government to arrest killers

Lawyer's killing in Karachi: Asma urges government to arrest killers

President Supreme Court Bar Association, Asma Jhangir expressed sorrow and sympathy with the family of a lawyer who was killed in target killing in Karachi. In a press statement issued here on Thursday Asma showed deep concern over deteriorating law and o
Published 26 Aug, 2011 12:00am
JWP appeals for shutter-down on Bugti's anniversary

JWP appeals for shutter-down on Bugti's anniversary

Fifth death anniversary of Nawab Akbar Bugti would be observed all over Balochistan on Friday. Jamhoori Watan Party (JWP) has appealed for shutter down and wheel jam on the occasion. JWP has announced to observe black day and wheel jam and shutter down on
Published 26 Aug, 2011 12:00am
'Women empowerment imperative for economic growth'

'Women empowerment imperative for economic growth'

Empowerment of women and support to them to take part in the industrial and economic activities is imperative for economic growth of the country, said Samina Fazil, President Islamabad Women's Chamber of Commerce and Industry (IWCCI) on Thursday.
Published 26 Aug, 2011 12:00am
Woman among four involved in robbery; drug peddlers arrested

Woman among four involved in robbery; drug peddlers arrested

Islamabad Police have arrested four persons including a woman for their alleged involvement in theft and drug peddling while it recovered 1.5 kilogram heroin, one pistol (30-bore) and stolen commodities from their possession, a police spokesman said.
Published 26 Aug, 2011 12:00am
Sardar Yaqoob takes oath as 22nd President of AJK

Sardar Yaqoob takes oath as 22nd President of AJK

Haji Sardar Muhammad Yaqoob Khan took oath as 22nd President of Azad Jammu and Kashmir (AJK) at a ceremony at the premises of AJK Legislative Assembly here on Thursday. Chief Justice of AJK Supreme Court Justice Azam Khan administered the oath.
Published 26 Aug, 2011 12:00am
The Weather

The Weather

The weather report on Thursday (August 25, 2011) and the forecast for Friday (August 26, 2011).

Published 26 Aug, 2011 12:00am
Libyan embassy flies rebel flag

Libyan embassy flies rebel flag

The Libyan embassy in Pakistan has raised the rebel flag, in an apparent sign it has shed its allegiance to former ruler of Libya Moamer Qadhafi. The flag with red, black and green stripes and a white crescent and star is now being hoisted at the embassy
Published 26 Aug, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (August 25, 2011).

Published 26 Aug, 2011 12:00am
Breaching lawmakers' privileges: Senate body for action against SNGPL

Breaching lawmakers' privileges: Senate body for action against SNGPL

Chairman Senate Committee on Rules of Procedure and Privileges Senator, Syed Tahir Hussain Mashhadi has called for `stern disciplinary action' against the officials of Sui Northern Gas Pipelines Limited (SNGPL) for breaching the lawmakers' privileges.
Published 26 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 26 Aug, 2011 12:00am
Three killed, two hurt as Nato tanker falls on a car

Three killed, two hurt as Nato tanker falls on a car

At least three people have been killed and two others injured when an oil tanker carrying fuel for Nato forces stationed in Afghanistan fell on a car in Qila Abdullah Chaman district on Thursday. "The Nato fuel tanker fell on the car near Saranan area lyi
Published 26 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 26 Aug, 2011 12:00am
India releases seven Pakistani prisoners

India releases seven Pakistani prisoners

The Indian government on Thursday released seven Pakistani prisoners. The Indian authorities handed over the prisoners to Pakistan Rangers at the Wahgah border. According to Rangers sources, the prisoners were arrested by Indian officials on charges of bo
Published 26 Aug, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (August 25, 2011).

Published 26 Aug, 2011 12:00am
Eid exhibitions trend witnesses increase over last years

Eid exhibitions trend witnesses increase over last years

The trend of arranging special exhibitions for women and children before Eid has witnessed an increase during the last years bringing both shopping opportunity for buyers and huge revenues for sellers. Days before Eid, popular and unknown brands set up th
Published 26 Aug, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (August 25, 2011) and for Friday (August 26, 2011).
Published 26 Aug, 2011 12:00am
Karachi, Quetta killings: adjournment motions submitted in Senate

Karachi, Quetta killings: adjournment motions submitted in Senate

Leader of Opposition in Senate, Maulana Abdul Ghafoor Haidari has submitted two separate adjournment motions at Senate Secretariat, demanding a debate in the next session on the deteriorating law and order situation of Karachi and Quetta. He said the moti
Published 26 Aug, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (August 25, 2011).

Published 26 Aug, 2011 12:00am
Firdous seeks responsible, neutral media role

Firdous seeks responsible, neutral media role

Media has to play a responsible and neutral role in providing information based on facts, said Federal Minister for Information, Dr Firdous Ashiq Awan on Monday. In her meeting with the Sindh Chief Minister, Syed Qaim Ali Shah she said timely and accurate
Published 26 Aug, 2011 12:00am
Tax Policy Group to analyse tax models of various countries

Tax Policy Group to analyse tax models of various countries

Tax Policy Group- a major organ of the Tax Reform Co-ordination Group (TRCG), has decided to minutely analyse the tax models of Sri Lanka, Turkey, Brazil and Taiwan besides other states where tax-to-GDP ratio has took a major jump to devise a long-term ta
Published 26 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 Thursday (August 25, 2011).

Published 26 Aug, 2011 12:00am
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