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Print - 2011-09-24
Iesco power shutdown notice

Iesco power shutdown notice

According to Iesco spokesman, due to electricity maintenance/development work the Power supply of the areas fall under the following feeders would remain suspended as under: Saturday (September 24) morning 8 am to 1 pm, Chowk Pindori feeder, Sihala feeder
Published 24 Sep, 2011 12:00am
CLCV destroys cotton bales worth Rs 100 billion every year

CLCV destroys cotton bales worth Rs 100 billion every year

The Cotton Leaf Curl Virus (CLCV) is destroying 4 million bales of cotton, worth Rs 100 billion every year in Pakistan. This was revealed in a meeting held between a delegation of United States Department of Agriculture (USDA) and Textile Ministry. The me
Published 24 Sep, 2011 12:00am
CLCV destroys cotton bales worth Rs 100 billion every year

CLCV destroys cotton bales worth Rs 100 billion every year

The Cotton Leaf Curl Virus (CLCV) is destroying 4 million bales of cotton, worth Rs 100 billion every year in Pakistan. This was revealed in a meeting held between a delegation of United States Department of Agriculture (USDA) and Textile Ministry. The me
Published 24 Sep, 2011 12:00am
CLCV destroys cotton bales worth Rs 100 billion every year

CLCV destroys cotton bales worth Rs 100 billion every year

The Cotton Leaf Curl Virus (CLCV) is destroying 4 million bales of cotton, worth Rs 100 billion every year in Pakistan. This was revealed in a meeting held between a delegation of United States Department of Agriculture (USDA) and Textile Ministry. The me
Published 24 Sep, 2011 12:00am
Pakistan, Indonesia agree to ink PTA

Pakistan, Indonesia agree to ink PTA

Pakistan and Indonesia have agreed in principle to sign a Preferential Trade Agreement (PTA) which will be effective from January 1, 2012 after the approval of the legislative bodies of both the countries. This was disclosed by the Pakistan Edible Oil Ref
Published 24 Sep, 2011 12:00am
Pakistan, Indonesia agree to ink PTA

Pakistan, Indonesia agree to ink PTA

Pakistan and Indonesia have agreed in principle to sign a Preferential Trade Agreement (PTA) which will be effective from January 1, 2012 after the approval of the legislative bodies of both the countries. This was disclosed by the Pakistan Edible Oil Ref
Published 24 Sep, 2011 12:00am
Pakistan, Indonesia agree to ink PTA

Pakistan, Indonesia agree to ink PTA

Pakistan and Indonesia have agreed in principle to sign a Preferential Trade Agreement (PTA) which will be effective from January 1, 2012 after the approval of the legislative bodies of both the countries. This was disclosed by the Pakistan Edible Oil Ref
Published 24 Sep, 2011 12:00am
Karzai in peace pledge at Rabbani funeral

Karzai in peace pledge at Rabbani funeral

Afghan President Hamid Karzai on Friday vowed to persevere with efforts to broker peace with the Taliban as he led thousands of mourners at the funeral of his assassinated peace envoy Burhanuddin Rabbani. Kabul police deployed thousands of extra officers
Published 24 Sep, 2011 12:00am
Karzai in peace pledge at Rabbani funeral

Karzai in peace pledge at Rabbani funeral

Afghan President Hamid Karzai on Friday vowed to persevere with efforts to broker peace with the Taliban as he led thousands of mourners at the funeral of his assassinated peace envoy Burhanuddin Rabbani. Kabul police deployed thousands of extra officers
Published 24 Sep, 2011 12:00am
Perry stumbles in US debate on Taliban nuclear question

Perry stumbles in US debate on Taliban nuclear question

Front-runner Rick Perry stumbled during the Republican US presidential candidates' debate on Thursday when asked what he would do if he got a 3 am call alerting him that the Taliban had gotten nuclear weapons from Pakistan. "Well obviously, before you eve
Published 24 Sep, 2011 12:00am
Perry stumbles in US debate on Taliban nuclear question

Perry stumbles in US debate on Taliban nuclear question

Front-runner Rick Perry stumbled during the Republican US presidential candidates' debate on Thursday when asked what he would do if he got a 3 am call alerting him that the Taliban had gotten nuclear weapons from Pakistan. "Well obviously, before you eve
Published 24 Sep, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 24 Sep, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 24 Sep, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Sep, 2011 12:00am
Notification: Amendment to benevolent fund rules

Notification: Amendment to benevolent fund rules

S.R.O.-.(1)/2011. In exercise of the powers conferred by section 23 of the Federal Employees Benevolent Fund and Group Insurance Act, 1969 (II of 1969), the Federal Government is pleased to direct that the following further amendment shall be made in the
Published 24 Sep, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Sep, 2011 12:00am
Notification: Amendment to benevolent fund rules

Notification: Amendment to benevolent fund rules

S.R.O.-.(1)/2011. In exercise of the powers conferred by section 23 of the Federal Employees Benevolent Fund and Group Insurance Act, 1969 (II of 1969), the Federal Government is pleased to direct that the following further amendment shall be made in the
Published 24 Sep, 2011 12:00am
Notification: Amendment to benevolent fund rules

Notification: Amendment to benevolent fund rules

S.R.O.-.(1)/2011. In exercise of the powers conferred by section 23 of the Federal Employees Benevolent Fund and Group Insurance Act, 1969 (II of 1969), the Federal Government is pleased to direct that the following further amendment shall be made in the
Published 24 Sep, 2011 12:00am
Notification: Amendment to benevolent fund rules

Notification: Amendment to benevolent fund rules

S.R.O.-.(1)/2011. In exercise of the powers conferred by section 23 of the Federal Employees Benevolent Fund and Group Insurance Act, 1969 (II of 1969), the Federal Government is pleased to direct that the following further amendment shall be made in the
Published 24 Sep, 2011 12:00am
Zakat deduction declines by 53 percent

Zakat deduction declines by 53 percent

Zakat collection through banks is gradually declining as Zakat deduction on saving accounts has dropped by some 53 percent during 2011 because of high Zakat Nisab and growing distrust in government distribution system. Sources in banking sector told Bu
Published 24 Sep, 2011 12:00am
Zakat deduction declines by 53 percent

Zakat deduction declines by 53 percent

Zakat collection through banks is gradually declining as Zakat deduction on saving accounts has dropped by some 53 percent during 2011 because of high Zakat Nisab and growing distrust in government distribution system. Sources in banking sector told Bu
Published 24 Sep, 2011 12:00am
Zakat deduction declines by 53 percent

Zakat deduction declines by 53 percent

Zakat collection through banks is gradually declining as Zakat deduction on saving accounts has dropped by some 53 percent during 2011 because of high Zakat Nisab and growing distrust in government distribution system. Sources in banking sector told Bu
Published 24 Sep, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (September 23, 2011).

Published 24 Sep, 2011 12:00am
Pakistan calls for better ties among Saarc countries

Pakistan calls for better ties among Saarc countries

Foreign Minister, Hina Rabbani Khar Thursday underscored the need for building bridges and enhancing trust amongst the South Asian countries at an informal gathering of the Saarc Foreign Ministers here. The informal meeting, on the margins of the 66th ses
Published 24 Sep, 2011 12:00am
Pak-Saudi Armed Forces' Joint Exercise by month end

Pak-Saudi Armed Forces' Joint Exercise by month end

A three-week long Joint Exercise (AL-SAMSAAM-IV-2011) between Pakistan Army and Royal Saudi Land Forces, will be conducted by end of this month near Jhelum. The joint Exercise aims at familiarisation and sharing of knowledge through a comprehensive traini
Published 24 Sep, 2011 12:00am
NIB, Navy hold free medical camps

NIB, Navy hold free medical camps

A 30-member team of doctors and paramedics of Serving Hands Organisation (SHO) in collaboration with NIB Bank and Pakistan Navy has organised free medical camps in different flood affected remote areas of district Tando Adam and Sanghar and also conducted
Published 24 Sep, 2011 12:00am
Pakistan stands by Afghanistan in its transition: Hafeez

Pakistan stands by Afghanistan in its transition: Hafeez

Pakistan stands by Afghanistan as it navigates through transition after a decade-long war and prepares a platform for realising its economic potential in line with aspirations of the Afghan people, Finance Minister Dr Abdul Hafeez Shaikh said.He was speak
Published 24 Sep, 2011 12:00am
SCBA team meets CJP

SCBA team meets CJP

A 21-member delegation of executive members of the Supreme Court Bar Association (SCBA) headed by President Asma Jehangir held a meeting with the Chief Justice Iftikhar Muhammad Chaudhary on Friday. The delegation, during this courtesy call, briefed about
Published 24 Sep, 2011 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

The dollar and euro maintained supremacy versus the rupee on the currency market on Friday in process of trading, dealers said. The rupee also fell against dollar, sliding by three paisa for buying at 87.51 and shed four paisa for selling at 87.56, they s
Published 24 Sep, 2011 12:00am
Brother of seven sisters loses life to dengue

Brother of seven sisters loses life to dengue

Two more people, including brother of seven sisters, lost their lives to the mounting mosquito-borne epidemic in Lahore, leading the overall death toll to 69. Mudassir, 20, of Waltan Road Lahore was admitted to General Hospital three days back, however, t
Published 24 Sep, 2011 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

The dollar and euro maintained supremacy versus the rupee on the currency market on Friday in process of trading, dealers said. The rupee also fell against dollar, sliding by three paisa for buying at 87.51 and shed four paisa for selling at 87.56, they s
Published 24 Sep, 2011 12:00am
FBR e-filing awareness session in Faisalabad today

FBR e-filing awareness session in Faisalabad today

The Federal Board of Revenue (FBR) organised awareness sessions on e-filing of sales tax and income tax returns for the members of tax bars in Karachi, Lahore and Rawalpindi and another session is being organised on Saturday (today) in Faisalabad.
Published 24 Sep, 2011 12:00am
Country's first dengue centre starts functioning

Country's first dengue centre starts functioning

The country's first well-equipped 25-bed dengue centre started functioning in the federal capital from Friday with all concerned medical services for affected patients. The centre set up by the Federal Government Services Hospital (FGSH) is first of its k
Published 24 Sep, 2011 12:00am
Launching of 'ZONG +1'

Launching of 'ZONG +1'

ZONG, the fastest growing network of Pakistan, is launching brand new offer named "ZONG +1" through which ZONG's users will be able to select any one GSM operator and get discounted calls on all numbers of that operator. Through this service, ZONG's subsc
Published 24 Sep, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 23, 2011).

Published 24 Sep, 2011 12:00am
SBP committed to making banking services accessible

SBP committed to making banking services accessible

The State Bank of Pakistan is committed to use all possible means to make the banking services accessible to all segments of the society. This was stated by the Managing Director, SBP Banking Services Corporation, Qasim Nawaz while inaugurating a two-day
Published 24 Sep, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 23, 2011).

Published 24 Sep, 2011 12:00am
Intel, RSS mark successful completion of ICT curriculum

Intel, RSS mark successful completion of ICT curriculum

Intel Pakistan and Roots School System (RSS) on Friday marked the successful completion of the Intel and RSS Joint Information Communication Technology (ICT) Curriculum where appreciation certificates and mementoes were awarded to the project development
Published 24 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 Friday (September 23, 2011).

Published 24 Sep, 2011 12:00am
Ghazal maestro Jagjit Singh hospitalised

Ghazal maestro Jagjit Singh hospitalised

Indian ghazal maestro, Jagjit Singh, was rushed to Lilavati hospital on Friday morning after he suffered from brain haemorrhage. He will be undergoing a surgery, Indian media said. Hospital sources said that his condition was critical and he would be unde
Published 24 Sep, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (September 23, 2011).

Published 24 Sep, 2011 12:00am
Floods damage 70 percent crops in Sindh: FAO

Floods damage 70 percent crops in Sindh: FAO

Heavy rains and floods have destroyed or damaged 73 percent of crops and 67 percent of the food stocks in Sindh, the United Nations' food agency said on Friday urging donors to step up support. "Millions of people are destitute and face an uncertain and f
Published 24 Sep, 2011 12:00am
Danish government donates $60,000 to NDMA

Danish government donates $60,000 to NDMA

As part of its immediate response to diastrous floods in Pakistan, the Danish government has donated about US $60,000 to National Disaster Management Auhtority (NDMA) to provide urgent assistance to the flood victims. The announcement of the Danish emerge
Published 24 Sep, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (September 23, 2011) and for Saturday (September 24, 2011).
Published 24 Sep, 2011 12:00am
Target killers among 40 suspects held; arms recovered

Target killers among 40 suspects held; arms recovered

Law Enforcement Agencies (LEAs) on Friday claimed to have detained 40 more suspects including target killers and drug peddlers from various parts of the metropolis and recovered huge cache of weapon. According to police sources, heavy contingents of range
Published 24 Sep, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (September 23, 2011).

Published 24 Sep, 2011 12:00am
Etihad, Czech Airlines sign new agreement

Etihad, Czech Airlines sign new agreement

Etihad Airways, the national airline of the United Arab Emirates, has joined hands with Czech Airlines, of the Czech Republic, to sign a new codeshare agreement. The new agreement will see Czech Airlines launch new direct flights between Abu Dhabi and Pra
Published 24 Sep, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on September 20, 2011.

Published 24 Sep, 2011 12:00am
Recent floods: Sindh growers suffer losses worth Rs 200 billion

Recent floods: Sindh growers suffer losses worth Rs 200 billion

The farmers of Sindh have suffered losses worth Rs 200 billion due to huge loss of crop and livestock during recent floods. The catastrophic floods also caused a loss wroth Rs 71 billion to orchards, crops and livestock in Khyber Pakhtunkhawa province, Pr
Published 24 Sep, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on September 20, 2011.

Published 24 Sep, 2011 12:00am
19,000 acres CDA land under encroachment

19,000 acres CDA land under encroachment

About 19,000 acres land of Capital Development Authority (CDA) is under adverse encroachment, while Rawalpindi Develop-ment Authority (RDA) failed to give any figure of land illegally occupied by individuals or institutions. The Capital Development Author
Published 24 Sep, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on September 20, 2011.

Published 24 Sep, 2011 12:00am
Purported statement on PAC chief Yasmeen avoids comments

Purported statement on PAC chief Yasmeen avoids comments

Pakistan People's Party member in the Public Accounts Committee (PAC), Yasmeen Rehman who reportedly showed her support to PAC Chairman Chaudhry Nisar Ali Khan, on Friday expressed reluctance to speak on the matter after retracting her earlier stance foll
Published 24 Sep, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 24 Sep, 2011 12:00am
PAC meeting soon: Nisar

PAC meeting soon: Nisar

The Chairman of the Public Accounts Committee Chaudhry Nisar avoiding comments on his resignation, said on Friday that meeting of the PAC would be convened soon. A requisition signed by four members of the PAC including Yasmeen Rehman, Nadeem Afzal Chan -
Published 24 Sep, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 24 Sep, 2011 12:00am
Economic prospects for Pakistan uncertain: World Bank

Economic prospects for Pakistan uncertain: World Bank

The World Bank has warned that economic prospects for Pakistan are uncertain as tax revenues to GDP are on a secular decline and the country is facing massive problems in the power sector ranging from governance to financial issues, and from the fact that
Published 24 Sep, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 23, 2011).

Published 24 Sep, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 23, 2011).

Published 24 Sep, 2011 12:00am
The Weather

The Weather

The weather report on Friday (September 23, 2011) and the forecast for Saturday (September 24, 2011).

Published 24 Sep, 2011 12:00am
Water shortfall in Rabi season feared

Water shortfall in Rabi season feared

The government fears 8 to 10 percent water shortfall for irrigation in upcoming Rabi season starting October 1st, said senior officials of Indus River System Authority (IRSA), in a technical committee meeting, held on Friday. IRSA has convened the Advisor
Published 24 Sep, 2011 12:00am
US MIDDAY: copper drops

US MIDDAY: copper drops

Copper sustained a second-straight day of heavy losses on Friday, as the industrial metal was hit hard by fears of a global recession, which could slow use by industry. In New York, the key December COMEX contract tumbled 20.85 cents or 6 percent to settl
Published 24 Sep, 2011 12:00am
Farmers oppose ban on export of cotton and yarn

Farmers oppose ban on export of cotton and yarn

Various associations of farmers have vehemently opposed ban on export of raw cotton and yarn, as demanded by the exporters of value-added textile products owing to large scale damage caused by rains to standing crop in Punjab and Sindh. Talking to Busi
Published 24 Sep, 2011 12:00am
Promotion of CCPO: LHC seeks reply from secretary establishment

Promotion of CCPO: LHC seeks reply from secretary establishment

The Lahore High Court (LHC) Chief Justice here on Friday again sought reply from secretary establishment division by October 18 in a petition of Lahore CCPO Malik Ahmad Raza Tahir, challenging delay in his due promotion from grade 20 to 21. DIG Tahir had
Published 24 Sep, 2011 12:00am
Sri Lankan HC, chief minister discuss matters to control dengue

Sri Lankan HC, chief minister discuss matters to control dengue

Sri Lankan High Commissioner in Pakistan Air Chief Marshal (Retd.) Jayalath Weerakkody met with Punjab Chief Minister Shahbaz Sharif on Friday and discussed matters regarding co-operation for controlling dengue virus. According to an official, the chief m
Published 24 Sep, 2011 12:00am
'Punjab responsible for deaths of dengue patients'

'Punjab responsible for deaths of dengue patients'

Pakistan Peoples Party (PPP) senior leader and opposition leader in the Punjab assembly Raja Riaz has termed the Punjab government responsible for deaths of dengue patients. He was talking to media after visiting the dengue patients at the Ganga Ram hospi
Published 24 Sep, 2011 12:00am
President takes note of reports of discrimination against Hindus

President takes note of reports of discrimination against Hindus

President Asif Ali Zardari on Friday took note of media reports that the scheduled caste Hindus (Dalits) were denied humanitarian assistance and entry into relief camps allegedly for being "untouchable" and has called for a report from the provincial gove
Published 24 Sep, 2011 12:00am
Gold dips in Asia

Gold dips in Asia

Gold prices dipped 1 percent on Friday, headed for their sharpest weekly loss since May, amid a sell-off in commodities sparked by fears the global economy could plunge back into a recession. Spot gold fell as much as 0.9 percent to a one-month low of $1,
Published 24 Sep, 2011 12:00am