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Print - 2011-09-09
Crimes and killing spree still continues in city

Crimes and killing spree still continues in city

At least five persons including a woman were killed in separate spree of target killing at various parts of the metropolis here on Thursday. According to the police, a real estate agent was shot dead in Sultanabad within the limits of Manghopir police sta
Published 09 Sep, 2011 12:00am
Sitara group opens Gymnasium of international standard

Sitara group opens Gymnasium of international standard

Chairman Senator Muhammad Ali said that exercise is necessary for healthy mind and body. It helps in relaxing the body and keeping the mind clean of tensions. If you cannot resist the fatty food, you must join a Gymnasium, he remarked. CEO of Sitara Group
Published 09 Sep, 2011 12:00am
Four alleged target killers arrested

Four alleged target killers arrested

Special Investigation Unit (SIU) of Sindh police on Thursday claimed to have arrested four alleged target killers in separate raids at various parts of the metropolis. According to SIU officials, the raids were conducted at Liaquatabad and Nursery areas o
Published 09 Sep, 2011 12:00am
CDGK to expedite shifting of markets, truck stands

CDGK to expedite shifting of markets, truck stands

City District Government Karachi has decided to speed up planning and construction work for the shifting of various wholesale markets, warehouses and truck stands to the 1,490-acres land provided by Sindh Government near Northern Bypass.
Published 09 Sep, 2011 12:00am
Malik vows to clear Karachi off extortionist mafia

Malik vows to clear Karachi off extortionist mafia

Minister for Interior, Rehman Malik, has reiterated his resolve to clear Karachi from extortionist mafia and bring complete peace in the financial hub of Pakistan. Law enforcement agencies have arrested 42 target killers in Karachi who are involved in kil
Published 09 Sep, 2011 12:00am
Search operations 15 political workers among 300 people held

Search operations 15 political workers among 300 people held

Law Enforcement Agencies (LEAs) on Thursday claimed to have taken around 330 persons including 15 political workers, two target killers and two extortionists during search operations at different vicinities of Karachi in last 24 hours.
Published 09 Sep, 2011 12:00am
Ali Geelani, Yasin condemn Delhi blast

Ali Geelani, Yasin condemn Delhi blast

The veteran Kashmiri Hurriyet leader in Indian Occupied Kashmir Syed Ali Geelani and the Chairman of Jammu and Kashmir Liberation Front (JKLF), Muhammad Yasin Malik have condemned the Wednesday blast outside the New Delhi High Court that left 12 people ki
Published 09 Sep, 2011 12:00am
'50 suspected dengue patients reported in Khyber Pakhtunkhwa'

'50 suspected dengue patients reported in Khyber Pakhtunkhwa'

After wreaking havoc in Punjab, dengue virus has also gripped Khyber Pakhtunkhwa as 50 suspected cases have been reported from various districts of the province. Sources in the Health Department Khyber Pakhtunkhwa told APP here on Thursday that three conf
Published 09 Sep, 2011 12:00am
Shahbaz pays surprise visit to General Hospital

Shahbaz pays surprise visit to General Hospital

Punjab Chief Minister Shahbaz Sharif during his surprise visit to General Hospital Lahore on Thursday inspected various wards and inquired from the people about the treatment facilities being provided in the hospital. He also went to the counter establish
Published 09 Sep, 2011 12:00am
Capital market: seven committees to deal different areas: Chairman SECP

Capital market: seven committees to deal different areas: Chairman SECP

Mohammad Ali, Chairman SECP, said on Thursday the SECP has come up with a new mindset of interacting with outside world and seven committees would be finalised next week to deal different areas of capital market. He was speaking to the members of All Paki
Published 09 Sep, 2011 12:00am
Punjab Assembly session today

Punjab Assembly session today

Punjab Assembly will hold its 30th session on Friday (today) at 3pm. Speaker Rana Iqbal will chair the session summoned by the Governor of Punjab.
Published 09 Sep, 2011 12:00am
'Development of economy depends on restoration of peace to Karachi'

'Development of economy depends on restoration of peace to Karachi'

Punjab Law Minister Rana Sana Ullah talking to journalists in Punjab Assembly premises here on Thursday said that development of national economy depends upon arrival of peace in Karachi. He was addressing journalists in Punjab Assembly here. He said all
Published 09 Sep, 2011 12:00am
Mirza's diatribe: LHCBA to constitute body to probe allegations

Mirza's diatribe: LHCBA to constitute body to probe allegations

Lahore High Court Bar Association (LHCBA) here Thursday decided to constitute a commission to probe into allegations levelled by former home minister, Sindh Zulfiqar Mirza against Mutthida Quami Movement (MQM) and invite him to address the bar.
Published 09 Sep, 2011 12:00am
Rasheed, Sadiq deny forcing PML-N MPA Shumaila Rana to quit

Rasheed, Sadiq deny forcing PML-N MPA Shumaila Rana to quit

PML-N Senator Pervez Rasheed and former Additional Secretary Punjab Chief Minister Secretariat Naseem Sadiq have denied forcing former PML-N MPA Shumaila Rana to resign from her assembly membership. unjab Chief Minister Shahbaz Sharif had already denied t
Published 09 Sep, 2011 12:00am
'Valuable Railways land will not be declared Katchi Abadis'

'Valuable Railways land will not be declared Katchi Abadis'

National Assembly's standing committee on Railways convenor Begum Nasim Akhtar Chaudhry said that the valuable railways land would not be declared Katchi Abadis. While briefing the media after chairing the standing committee's meeting at Railways Headquar
Published 09 Sep, 2011 12:00am
Chief minister grieved over death of Mian Nisar

Chief minister grieved over death of Mian Nisar

Punjab Chief Minister Shahbaz Sharif on Thursday expressed deep sorrow and grief over the death of Mian Nisar, father of Supreme Court Judge Justice Mian Saqib Nisar. He prayed that may Allah Almighty rest the departed soul in eternal peace and grant cour
Published 09 Sep, 2011 12:00am
Medical treatment of Sarabjit Singh: LHC seeks home department's reply

Medical treatment of Sarabjit Singh: LHC seeks home department's reply

The Lahore High Court Chief Justice Ijaz Ahmad Chaudhry here Thursday sought reply from home department by September 20 in a petition seeking medical check-up and treatment of Indian convicted spy Sarabjit Singh. A bar member Awais Sheikh submitted that h
Published 09 Sep, 2011 12:00am
Pakistan foreign exchange reserves up by $164 million

Pakistan foreign exchange reserves up by $164 million

The country's liquid foreign exchange reserves have increased by $164.4 million to $18.06 billion during the last week. According to State Bank of Pakistan, foreign reserves stood at $17.898 billion a week earlier. Reserves held by SBP have mounted by $15
Published 09 Sep, 2011 12:00am
The Weather

The Weather

The weather report on Thursday (September 08, 2011) and the forecast for Friday (September 09, 2011).

Published 09 Sep, 2011 12:00am
No possibility of reimposition of flood tax: official

No possibility of reimposition of flood tax: official

There is no possibility of reimposition of 15 percent income tax surcharge to generate additional revenue during 2011-12 following current floods in the south of the country, which have made hundreds of thousands homeless and wreaked vast destruction to c
Published 09 Sep, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (September 08, 2011).

Published 09 Sep, 2011 12:00am
Immigration documents: thirteen Tajiks arrested in Dera

Immigration documents: thirteen Tajiks arrested in Dera

Pak army during a raid held 13 foreigners on Dera-Darya Khan bridge, said the police officials on Thursday. According to a Police, Pak army on a tipoff arrested 13 Tajik nationals who travelling from Peshawar to a Karachi in a passenger bus. The foreigner
Published 09 Sep, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (September 08, 2011).

Published 09 Sep, 2011 12:00am
High-value electronic items seized; three held

High-value electronic items seized; three held

The Direct-orate General Intelligence & Investigation - FBR has been receiving information that high value items were being imported as diplomatic consignments in the name of embassies and then smuggled into the country.
Published 09 Sep, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 09 Sep, 2011 12:00am
Gilani's recent visit to Kazakhstan to boost trade

Gilani's recent visit to Kazakhstan to boost trade

Analyst DR. Rasool Bakhush Raiees on Thursday said that Prime Minister Syed Yousuf Raza Gilani's recent visit to Kazakhstan would help to boost bilateral trade between Islamabad and Astana. Talking to PTV, he said Kazakhstan could also help Pakistan in me
Published 09 Sep, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 09 Sep, 2011 12:00am
SDC announces short courses

SDC announces short courses

The Skill Development Council (SDC) on Thursday announced a series of short courses for next three months, aimed at equipping the participants with modern skills. More than dozen short training courses will be conducted during the period as majority of th
Published 09 Sep, 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 Thursday (September 08, 2011).

Published 09 Sep, 2011 12:00am
France condemns Quetta blasts

France condemns Quetta blasts

France on Thursday strongly condemned the bomb blasts in Quetta that killed over two dozen innocent and injured scores of others. A statement from the French embassy said the government of France extends its condolences to the bereaved and sympathy to the
Published 09 Sep, 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 (September 08, 2011).

Published 09 Sep, 2011 12:00am
Posting

Posting

In pursuance of the Board's office order, Muhammad Asghar Chaudhry a BS-20 officer of Secretariat Group, relinquished the charge of the Chief (Fate), Federal Board of Revenue (HQ), Islamabad from September 8, 2011. He assumed the charge of the post of Chi
Published 09 Sep, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 08, 2011).

Published 09 Sep, 2011 12:00am
Water starts overflowing as LBOD breaches

Water starts overflowing as LBOD breaches

The total number of causalities in Sindh has increased to 169 while the Meteorological Department of Pakistan is still forecasting more rains/thunder storm shower in the province that may lead to more chaos and disturbance in the region. Well-placed sourc
Published 09 Sep, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 08, 2011).

Published 09 Sep, 2011 12:00am
Punjab Cabinet approves annual plan, strategy for 2011-12

Punjab Cabinet approves annual plan, strategy for 2011-12

The Punjab Cabinet has on Thursday approved the Annual Plan and Strategy for 2011-12, prepared by Provincial Energy Department, to overcome energy crisis in the province. Also, it granted approval to the recruitment of 32,000 science teachers in the provi
Published 09 Sep, 2011 12:00am
India detains three in IHK linked to Delhi blast

India detains three in IHK linked to Delhi blast

Indian police detained three people for questioning on Thursday, including the owner of an Internet cafe, over an email allegedly claiming responsibility for a bombing that killed 12 people in New Delhi, said police sources in occupied Kashmir told Reuter
Published 09 Sep, 2011 12:00am
THE RUPEE: sharp fall in open market deals

THE RUPEE: sharp fall in open market deals

Steep decline was seen in the open market dealings on Thursday as demand was up for forward-dollar buying, dealers said. The rupee maintained its overnight level versus dollar for buying and selling at 87.45 and 87.50, they said.
Published 09 Sep, 2011 12:00am
THE RUPEE: sharp fall in open market deals

THE RUPEE: sharp fall in open market deals

Steep decline was seen in the open market dealings on Thursday as demand was up for forward-dollar buying, dealers said. The rupee maintained its overnight level versus dollar for buying and selling at 87.45 and 87.50, they said.
Published 09 Sep, 2011 12:00am
Interpretation of section 153: freight forwarders approach FBR

Interpretation of section 153: freight forwarders approach FBR

Freight forwarders have approached the Federal Board of Revenue to seek clarification on accurate interpretation of section 153 of the Income Tax Ordinance 2001 for deduction of withholding tax on services provided by them including airline and cargo char
Published 09 Sep, 2011 12:00am
PML-N moves two adjournment motions in National Assembly

PML-N moves two adjournment motions in National Assembly

Pakistan Muslim League-Nawaz (PML-N) on Thursday moved National Assembly against Rs 2.4 per unit rise in power tariff and technical fault in two Pakistan International Airlines (PIA) planes. The major opposition party submitted two separate adjournment mo
Published 09 Sep, 2011 12:00am
Buland's appointment as AGP challenged in LHC

Buland's appointment as AGP challenged in LHC

Appointment of Akhtar Buland Rana as Auditor General of Pakistan (AGP) was challenged in Lahore High Court (LHC) here on Thursday. The petitioner, Rana Illamudin Advocate contended that there were seven serious allegations against the respondent and hence
Published 09 Sep, 2011 12:00am
Suspect held at Parliament House

Suspect held at Parliament House

Security staff of Parliament House held a suspected person claiming to be Parliamentarian and handed him over to Secretariat Police. A suspected person identified as Mudassar Shahzad arrived at main gate of the Parliament House on Thursday and introduced
Published 09 Sep, 2011 12:00am
Suspect held at Parliament House

Suspect held at Parliament House

Security staff of Parliament House held a suspected person claiming to be Parliamentarian and handed him over to Secretariat Police. A suspected person identified as Mudassar Shahzad arrived at main gate of the Parliament House on Thursday and introduced
Published 09 Sep, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (September 08, 2011).

Published 09 Sep, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Sep, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Sep, 2011 12:00am
Tax Year 2011: PTBA critical of application of IT levy

Tax Year 2011: PTBA critical of application of IT levy

Pakistan Tax Bar Association has voiced serious concern over the application of income tax surcharge for the Tax Year 2011. In a letter to FBR Chairman Salman Siddiq here on Thursday, the association said that the question is how the surcharge is to be ca
Published 09 Sep, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 09 Sep, 2011 12:00am
Tax Year 2011: PTBA critical of application of IT levy

Tax Year 2011: PTBA critical of application of IT levy

Pakistan Tax Bar Association has voiced serious concern over the application of income tax surcharge for the Tax Year 2011. In a letter to FBR Chairman Salman Siddiq here on Thursday, the association said that the question is how the surcharge is to be ca
Published 09 Sep, 2011 12:00am
Tax Year 2011: PTBA critical of application of IT levy

Tax Year 2011: PTBA critical of application of IT levy

Pakistan Tax Bar Association has voiced serious concern over the application of income tax surcharge for the Tax Year 2011. In a letter to FBR Chairman Salman Siddiq here on Thursday, the association said that the question is how the surcharge is to be ca
Published 09 Sep, 2011 12:00am
World food prices still high on grain worries

World food prices still high on grain worries

Global food prices remained stubbornly high in August, buoyed by a worrying outlook of low grain supplies and stocks, the UN food agency warned on Thursday, giving little respite to policy makers facing higher inflation but faltering economic growth.
Published 09 Sep, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 09 Sep, 2011 12:00am
World food prices still high on grain worries

World food prices still high on grain worries

Global food prices remained stubbornly high in August, buoyed by a worrying outlook of low grain supplies and stocks, the UN food agency warned on Thursday, giving little respite to policy makers facing higher inflation but faltering economic growth.
Published 09 Sep, 2011 12:00am
World food prices still high on grain worries

World food prices still high on grain worries

Global food prices remained stubbornly high in August, buoyed by a worrying outlook of low grain supplies and stocks, the UN food agency warned on Thursday, giving little respite to policy makers facing higher inflation but faltering economic growth.
Published 09 Sep, 2011 12:00am
World food prices still high on grain worries

World food prices still high on grain worries

Global food prices remained stubbornly high in August, buoyed by a worrying outlook of low grain supplies and stocks, the UN food agency warned on Thursday, giving little respite to policy makers facing higher inflation but faltering economic growth.
Published 09 Sep, 2011 12:00am
FTO''s orders: no more fresh representations before President: FBR

FTO''s orders: no more fresh representations before President: FBR

The Federal Board of Revenue has barred the field formations from filing fresh representations before the President against the orders of the Federal Tax Ombudsman (FTO) in cases where previously filed representations have not been accepted by the Preside
Published 09 Sep, 2011 12:00am
FTO's orders: no more fresh representations before President: FBR

FTO's orders: no more fresh representations before President: FBR

The Federal Board of Revenue has barred the field formations from filing fresh representations before the President against the orders of the Federal Tax Ombudsman (FTO) in cases where previously filed representations have not been accepted by the Preside
Published 09 Sep, 2011 12:00am
FTO's orders: no more fresh representations before President: FBR

FTO's orders: no more fresh representations before President: FBR

The Federal Board of Revenue has barred the field formations from filing fresh representations before the President against the orders of the Federal Tax Ombudsman (FTO) in cases where previously filed representations have not been accepted by the Preside
Published 09 Sep, 2011 12:00am
TTP demand prisoner swap deal

TTP demand prisoner swap deal

The Pakistani Taliban who are holding more than 20 young tribesmen hostage have demanded the release of scores of prisoners and an end to tribal elders' support of offensives against them. The teenage tribesmen from Bajaur tribal region were abducted by t
Published 09 Sep, 2011 12:00am
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