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Dec 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-08-31
India discharges more water in Sutlej river

India discharges more water in Sutlej river

India has discharged more flood water in the dead Sutlej river on Pakistan side from its Bakhra dam and other barrages on the river, Chief Meteorologist Muhammad Riaz told Business Recorder here on Tuesday. He said India informed Pakistan' Indus Wa
Published 31 Aug, 2011 12:00am
Trader among five killed in separate incidents

Trader among five killed in separate incidents

At least five persons including an industrialist were killed in separate incidents at various parts of the metropolis here on Tuesday. According to police, an owner of textile mill was shot dead at I I Chundrigar road over resistance during robbery bid in
Published 31 Aug, 2011 12:00am
WikiLeaks denies it reveals sources in new US cables

WikiLeaks denies it reveals sources in new US cables

The whistleblowing website WikiLeaks denied Tuesday that it has revealed the names of some of the sources in a new batch of US diplomatic cables it has released. The New York Times alleged that some of the 133,887 newly published cables included the names
Published 31 Aug, 2011 12:00am
WikiLeaks denies it reveals sources in new US cables

WikiLeaks denies it reveals sources in new US cables

The whistleblowing website WikiLeaks denied Tuesday that it has revealed the names of some of the sources in a new batch of US diplomatic cables it has released. The New York Times alleged that some of the 133,887 newly published cables included the names
Published 31 Aug, 2011 12:00am
Amnesty petitions Pakistan over disappearances

Amnesty petitions Pakistan over disappearances

Amnesty International has called on Pakistan's government to end what it calls the growing practice of disappearances enforced by the state. In an August 29 petition on its website, the human rights group alleged the disappearances have increased dramatic
Published 31 Aug, 2011 12:00am
Amnesty petitions Pakistan over disappearances

Amnesty petitions Pakistan over disappearances

Amnesty International has called on Pakistan's government to end what it calls the growing practice of disappearances enforced by the state. In an August 29 petition on its website, the human rights group alleged the disappearances have increased dramatic
Published 31 Aug, 2011 12:00am
Bomber, companion die in premature blast

Bomber, companion die in premature blast

At least two persons, who said to be terrorists, were killed in a mysterious bomb blast at Gulshan-e-Iqbal town in the remits of Mobina Town police station on Tuesday. According to police and eye-witnesses, a powerful bomb planted in a bike which carried
Published 31 Aug, 2011 12:00am
Bomber, companion die in premature blast

Bomber, companion die in premature blast

At least two persons, who said to be terrorists, were killed in a mysterious bomb blast at Gulshan-e-Iqbal town in the remits of Mobina Town police station on Tuesday. According to police and eye-witnesses, a powerful bomb planted in a bike which carried
Published 31 Aug, 2011 12:00am
IDB delays financing: Passco unable to start work on 34 steel silos

IDB delays financing: Passco unable to start work on 34 steel silos

The Pakistan Agricultural Storage and Services Corporation Limited (Passco) is unable to initiate working on the planned 34 grain storage facilities (steel silos) across the country as the Islamic Development Bank (IDB) has delayed funding of the project,
Published 31 Aug, 2011 12:00am
IDB delays financing: Passco unable to start work on 34 steel silos

IDB delays financing: Passco unable to start work on 34 steel silos

The Pakistan Agricultural Storage and Services Corporation Limited (Passco) is unable to initiate working on the planned 34 grain storage facilities (steel silos) across the country as the Islamic Development Bank (IDB) has delayed funding of the project,
Published 31 Aug, 2011 12:00am
IDB delays financing: Passco unable to start work on 34 steel silos

IDB delays financing: Passco unable to start work on 34 steel silos

The Pakistan Agricultural Storage and Services Corporation Limited (Passco) is unable to initiate working on the planned 34 grain storage facilities (steel silos) across the country as the Islamic Development Bank (IDB) has delayed funding of the project,
Published 31 Aug, 2011 12:00am
US slaps duties on ''subsidised'' Chinese steel wire

US slaps duties on ''subsidised'' Chinese steel wire

The United States on Tuesday hit Chinese exporters of steel wire with up to 253 percent duties for allegedly unfair subsidies they receive from the government. The US International Trade Administration announced a preliminary finding that Beijing was givi
Published 31 Aug, 2011 12:00am
US slaps duties on 'subsidised' Chinese steel wire

US slaps duties on 'subsidised' Chinese steel wire

The United States on Tuesday hit Chinese exporters of steel wire with up to 253 percent duties for allegedly unfair subsidies they receive from the government. The US International Trade Administration announced a preliminary finding that Beijing was givi
Published 31 Aug, 2011 12:00am
US slaps duties on 'subsidised' Chinese steel wire

US slaps duties on 'subsidised' Chinese steel wire

The United States on Tuesday hit Chinese exporters of steel wire with up to 253 percent duties for allegedly unfair subsidies they receive from the government. The US International Trade Administration announced a preliminary finding that Beijing was givi
Published 31 Aug, 2011 12:00am
Death for 'corrupt' China Mobile man

Death for 'corrupt' China Mobile man

China on Tuesday sentenced to death the former chairman of a branch of state-owned telecom giant China Mobile for accepting $2.6 million-worth of bribes, state media reported. Li Hua, chairman and general manager of the Sichuan branch of China Mobile Comm
Published 31 Aug, 2011 12:00am
Death for 'corrupt' China Mobile man

Death for 'corrupt' China Mobile man

China on Tuesday sentenced to death the former chairman of a branch of state-owned telecom giant China Mobile for accepting $2.6 million-worth of bribes, state media reported. Li Hua, chairman and general manager of the Sichuan branch of China Mobile Comm
Published 31 Aug, 2011 12:00am
The Weather

The Weather

The weather report on Tuesday (August 30, 2011) and the forecast for Wednesday (August 31, 2011).

Published 31 Aug, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (August 30, 2011).

Published 31 Aug, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (August 30, 2011).

Published 31 Aug, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (August 30, 2011).

Published 31 Aug, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (August 30, 2011).

Published 31 Aug, 2011 12:00am
Execution postponed for former Indian Prime Minister's killers

Execution postponed for former Indian Prime Minister's killers

Judges in Chennai on Tuesday delayed by two months the execution of three men convicted of the 1991 assassination of former Indian prime minister Rajiv Gandhi. The three men were due to be hanged on September 9 at a jail in the southern state of Tamil Nad
Published 31 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 Tuesday (August 30, 2011).

Published 31 Aug, 2011 12:00am
Execution postponed for former Indian Prime Minister's killers

Execution postponed for former Indian Prime Minister's killers

Judges in Chennai on Tuesday delayed by two months the execution of three men convicted of the 1991 assassination of former Indian prime minister Rajiv Gandhi. The three men were due to be hanged on September 9 at a jail in the southern state of Tamil Nad
Published 31 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 30, 2011).

Published 31 Aug, 2011 12:00am
Monsoon rains damage crops in Sindh

Monsoon rains damage crops in Sindh

Widespread monsoon rains have cast negative impact on crops and affected the yield of cotton, chilli, banana and tomato in Mirpur Khas, Tharparker, Sanghar, Badin, Degree and Hyderabad in Sindh. However, more heavy monsoon rains are predicted by Pakistan
Published 31 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 30, 2011).

Published 31 Aug, 2011 12:00am
ISE index up by 31.29 points

ISE index up by 31.29 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 31.29 points as the ISE Ten Index moved from 2,346.16
Published 31 Aug, 2011 12:00am
ISE index up by 31.29 points

ISE index up by 31.29 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 31.29 points as the ISE Ten Index moved from 2,346.16
Published 31 Aug, 2011 12:00am
LSE index gains 72.33 points

LSE index gains 72.33 points

Equities on Tuesday made recovery amid bullish sentiments on the Lahore Stock Exchange (LSE) following fresh buying in ready board shares. The LSE-25 index was increased to 2700.49 points against 2628.16 points of Monday, thus denoting an increase of 72.3
Published 31 Aug, 2011 12:00am
THE RUPEE: dollar at 87 on open market

THE RUPEE: dollar at 87 on open market

Rising demand for dollars pushed the rupee to cross the barrier of 87 on the open market on Tuesday, dealers said. This was the forward buying of dollars which caused an erosion of rupee value, currency experts said.
Published 31 Aug, 2011 12:00am
LSE index gains 72.33 points

LSE index gains 72.33 points

Equities on Tuesday made recovery amid bullish sentiments on the Lahore Stock Exchange (LSE) following fresh buying in ready board shares. The LSE-25 index was increased to 2700.49 points against 2628.16 points of Monday, thus denoting an increase of 72.3
Published 31 Aug, 2011 12:00am
THE RUPEE: dollar at 87 on open market

THE RUPEE: dollar at 87 on open market

Rising demand for dollars pushed the rupee to cross the barrier of 87 on the open market on Tuesday, dealers said. This was the forward buying of dollars which caused an erosion of rupee value, currency experts said.
Published 31 Aug, 2011 12:00am
BRIndex30 up 157.04 points

BRIndex30 up 157.04 points

On Tuesday, the BRIndex30 opened at 7,940.22 points and remained in positive throughout the trading session. It touched the intra-day high of 8,115.05 points and low of 7,944.33 points, and closed at 8,097.26 points, with a net positive change of 157.04 p
Published 31 Aug, 2011 12:00am
BRIndex30 up 157.04 points

BRIndex30 up 157.04 points

On Tuesday, the BRIndex30 opened at 7,940.22 points and remained in positive throughout the trading session. It touched the intra-day high of 8,115.05 points and low of 7,944.33 points, and closed at 8,097.26 points, with a net positive change of 157.04 p
Published 31 Aug, 2011 12:00am
Index gains 166.7 points

Index gains 166.7 points

Local investors and institutional interests on dips on Tuesday supported the KSE-100 to index to register healthy gains of 166.70 points to close above 11,000 points level at 11,070.58 points. The market opened on a strong positive note and the index rema
Published 31 Aug, 2011 12:00am
Index gains 166.7 points

Index gains 166.7 points

Local investors and institutional interests on dips on Tuesday supported the KSE-100 to index to register healthy gains of 166.70 points to close above 11,000 points level at 11,070.58 points. The market opened on a strong positive note and the index rema
Published 31 Aug, 2011 12:00am
Index gains 166.7 points

Index gains 166.7 points

Local investors and institutional interests on dips on Tuesday supported the KSE-100 to index to register healthy gains of 166.70 points to close above 11,000 points level at 11,070.58 points. The market opened on a strong positive note and the index rema
Published 31 Aug, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (August 30, 2011).

Published 31 Aug, 2011 12:00am
One killed, two injured in shooting near Danish mosque

One killed, two injured in shooting near Danish mosque

A shooting outside a Copenhagen mosque after prayers to mark the end of the Muslim fasting month of Ramadan has left one person dead and at least two people injured, police said Tuesday. Police spokesman Lau Thygesen said the shooting took place outside t
Published 31 Aug, 2011 12:00am
One killed, two injured in shooting near Danish mosque

One killed, two injured in shooting near Danish mosque

A shooting outside a Copenhagen mosque after prayers to mark the end of the Muslim fasting month of Ramadan has left one person dead and at least two people injured, police said Tuesday. Police spokesman Lau Thygesen said the shooting took place outside t
Published 31 Aug, 2011 12:00am
Textiles on the move from Pakistan to Bangladesh

Textiles on the move from Pakistan to Bangladesh

Tauseef Salamat, the owner of a Pakistani textile mill, grinned ruefully as he read a text message that reminded him to turn off the plant''s natural gas supply for three days under a government programme to ration scarce energy resources or face a penalt
Published 31 Aug, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 Aug, 2011 12:00am
Textiles on the move from Pakistan to Bangladesh

Textiles on the move from Pakistan to Bangladesh

Tauseef Salamat, the owner of a Pakistani textile mill, grinned ruefully as he read a text message that reminded him to turn off the plant's natural gas supply for three days under a government programme to ration scarce energy resources or face a penalty
Published 31 Aug, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 Aug, 2011 12:00am
Textiles on the move from Pakistan to Bangladesh

Textiles on the move from Pakistan to Bangladesh

Tauseef Salamat, the owner of a Pakistani textile mill, grinned ruefully as he read a text message that reminded him to turn off the plant's natural gas supply for three days under a government programme to ration scarce energy resources or face a penalty
Published 31 Aug, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 31 Aug, 2011 12:00am
Judicial Commission: opposition's demand turned down

Judicial Commission: opposition's demand turned down

The government on Tuesday again distanced itself from the remarks made by former senior Sindh minister Dr Zulfiqar Mirza against Muttahida Qaumi Movement besides turning down the demand of opposition parties to form a judicial commission to probe the alle
Published 31 Aug, 2011 12:00am
Judicial Commission: opposition's demand turned down

Judicial Commission: opposition's demand turned down

The government on Tuesday again distanced itself from the remarks made by former senior Sindh minister Dr Zulfiqar Mirza against Muttahida Qaumi Movement besides turning down the demand of opposition parties to form a judicial commission to probe the alle
Published 31 Aug, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 31 Aug, 2011 12:00am
MQM rejects Mirza's allegations

MQM rejects Mirza's allegations

The Muttahida Qaumi Movement (MQM) on Tuesday rejected all the allegations levelled by the former Sindh minister Zulfiqar Mirza and termed the entire allegation fabricated. Speaking at a hurriedly called press conference at the party headquarters MQM lead
Published 31 Aug, 2011 12:00am
MQM rejects Mirza's allegations

MQM rejects Mirza's allegations

The Muttahida Qaumi Movement (MQM) on Tuesday rejected all the allegations levelled by the former Sindh minister Zulfiqar Mirza and termed the entire allegation fabricated. Speaking at a hurriedly called press conference at the party headquarters MQM lead
Published 31 Aug, 2011 12:00am
Supreme Court asks IG to submit progress report

Supreme Court asks IG to submit progress report

The Supreme Court of Pakistan on Tuesday asked the Sindh police chief to present a report on the progress of investigations into targeted killings, extortion's and other recent incidents, besides recording the statements of the 18 recovered people who wer
Published 31 Aug, 2011 12:00am
Supreme Court asks IG to submit progress report

Supreme Court asks IG to submit progress report

The Supreme Court of Pakistan on Tuesday asked the Sindh police chief to present a report on the progress of investigations into targeted killings, extortion's and other recent incidents, besides recording the statements of the 18 recovered people who wer
Published 31 Aug, 2011 12:00am
Commanders to discuss Karachi situation again

Commanders to discuss Karachi situation again

The Chief of Army Staff (COAS) General Ashfaq Pervez Kayani has called a meeting of Corps Commanders on September 8 to discuss the law and order situation in Karachi and serious allegations levelled by former Sindh Home Minister Dr Zulfiqar Mirza against
Published 31 Aug, 2011 12:00am
Commanders to discuss Karachi situation again

Commanders to discuss Karachi situation again

The Chief of Army Staff (COAS) General Ashfaq Pervez Kayani has called a meeting of Corps Commanders on September 8 to discuss the law and order situation in Karachi and serious allegations levelled by former Sindh Home Minister Dr Zulfiqar Mirza against
Published 31 Aug, 2011 12:00am
Libya leader gives Qadhafi forces surrender deadline

Libya leader gives Qadhafi forces surrender deadline

Libya's interim leader on Tuesday gave forces loyal to deposed ruler Muammar Qadhafi a four-day deadline to surrender towns still under their control or face military force. As the hunt for Qadhafi himself goes on, Libyan officials accused neighbouring Al
Published 31 Aug, 2011 12:00am
Libya leader gives Qadhafi forces surrender deadline

Libya leader gives Qadhafi forces surrender deadline

Libya's interim leader on Tuesday gave forces loyal to deposed ruler Muammar Qadhafi a four-day deadline to surrender towns still under their control or face military force. As the hunt for Qadhafi himself goes on, Libyan officials accused neighbouring Al
Published 31 Aug, 2011 12:00am
Holiday Notice

Holiday Notice

The office of Business Recorder will remain closed today, Wednesday (August 31) & tomorrow Thursday (September 1) on account of Eid-ul-Fitr. Therefore, there will be no issue of the newspaper on Thursday & Friday (September 1 & 2). However arrangem
Published 31 Aug, 2011 12:00am
Holiday Notice

Holiday Notice

The office of Business Recorder will remain closed today, Wednesday (August 31) & tomorrow Thursday (September 1) on account of Eid-ul-Fitr. Therefore, there will be no issue of the newspaper on Thursday & Friday (September 1 & 2). However arrangem
Published 31 Aug, 2011 12:00am
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