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Print - 2011-12-01
Political parties to get equal opportunities in Fata: Kausar

Political parties to get equal opportunities in Fata: Kausar

Governor, Khyber Pakhtunkhwa Barrister Masood Kausar said political parties would be provided equal opportunities to promote their political activities in a peaceful and cordial environment. He was addressing a tribal Jirga comprising people from differen
Published 01 Dec, 2011 12:00am
Closure of CNG supply badly hits trade activities

Closure of CNG supply badly hits trade activities

The two-day weekly closure of CNG supply has brought trade activities in the city to a nearly halt with routine electricity load shedding in markets, as traders reckon their businesses suffer at least Rs 1 billion loss daily for several such other reasons
Published 01 Dec, 2011 12:00am
Issuance of CNG licences after ban: Ogra told to provide last 50 files

Issuance of CNG licences after ban: Ogra told to provide last 50 files

The Sub-Committee of the National Assembly Standing Committee on Petroleum and Natural Resources has directed the Oil and Gas Regulatory Authority (Ogra) to provide last 50 files out of total 466 CNG stations that were issued licence during ban period ie,
Published 01 Dec, 2011 12:00am
Issuance of CNG licences after ban: Ogra told to provide last 50 files

Issuance of CNG licences after ban: Ogra told to provide last 50 files

The Sub-Committee of the National Assembly Standing Committee on Petroleum and Natural Resources has directed the Oil and Gas Regulatory Authority (Ogra) to provide last 50 files out of total 466 CNG stations that were issued licence during ban period ie,
Published 01 Dec, 2011 12:00am
Issuance of CNG licences after ban: Ogra told to provide last 50 files

Issuance of CNG licences after ban: Ogra told to provide last 50 files

The Sub-Committee of the National Assembly Standing Committee on Petroleum and Natural Resources has directed the Oil and Gas Regulatory Authority (Ogra) to provide last 50 files out of total 466 CNG stations that were issued licence during ban period ie,
Published 01 Dec, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 01 Dec, 2011 12:00am
India says breaks up militant cell, arrests Pakistani

India says breaks up militant cell, arrests Pakistani

Indian police on Wednesday arrested six alleged members of a banned militant group, including one Pakistani man, in connection with three bomb blasts and a shootout last year. The arrested suspects belonged to militant group the Indian Mujahiddin (Mujahid
Published 01 Dec, 2011 12:00am
India says breaks up militant cell, arrests Pakistani

India says breaks up militant cell, arrests Pakistani

Indian police on Wednesday arrested six alleged members of a banned militant group, including one Pakistani man, in connection with three bomb blasts and a shootout last year. The arrested suspects belonged to militant group the Indian Mujahiddin (Mujahid
Published 01 Dec, 2011 12:00am
Two million strike in Britain over pension changes

Two million strike in Britain over pension changes

Up to two million public sector workers in Britain went on strike Wednesday over changes to their pensions, after the government responded to slashed growth forecasts with fresh spending cuts. In what unions said was the biggest walkout in decades, thousa
Published 01 Dec, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 01 Dec, 2011 12:00am
Two million strike in Britain over pension changes

Two million strike in Britain over pension changes

Up to two million public sector workers in Britain went on strike Wednesday over changes to their pensions, after the government responded to slashed growth forecasts with fresh spending cuts. In what unions said was the biggest walkout in decades, thousa
Published 01 Dec, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Dec, 2011 12:00am
Two million strike in Britain over pension changes

Two million strike in Britain over pension changes

Up to two million public sector workers in Britain went on strike Wednesday over changes to their pensions, after the government responded to slashed growth forecasts with fresh spending cuts. In what unions said was the biggest walkout in decades, thousa
Published 01 Dec, 2011 12:00am
July-November revenue collection up 28 percent

July-November revenue collection up 28 percent

The Federal Board of Revenue has maintained remarkable growth trend during first five months (July-November) 2011-12, showing over 28 percent growth in revenue collection due to enforcement and documentation drive at national level. FBR Chairman Salman Si
Published 01 Dec, 2011 12:00am
July-November revenue collection up 28 percent

July-November revenue collection up 28 percent

The Federal Board of Revenue has maintained remarkable growth trend during first five months (July-November) 2011-12, showing over 28 percent growth in revenue collection due to enforcement and documentation drive at national level. FBR Chairman Salman Si
Published 01 Dec, 2011 12:00am
July-November revenue collection up 28 percent

July-November revenue collection up 28 percent

The Federal Board of Revenue has maintained remarkable growth trend during first five months (July-November) 2011-12, showing over 28 percent growth in revenue collection due to enforcement and documentation drive at national level. FBR Chairman Salman Si
Published 01 Dec, 2011 12:00am
More increase in wheat support price imperative

More increase in wheat support price imperative

The government should revise upward the wheat support price, otherwise, the country may lose 2-3 million tons of wheat output in 2011-12, following rise in the cost of production that would adversely affect sowing. Well-placed sources told Business Rec
Published 01 Dec, 2011 12:00am
More increase in wheat support price imperative

More increase in wheat support price imperative

The government should revise upward the wheat support price, otherwise, the country may lose 2-3 million tons of wheat output in 2011-12, following rise in the cost of production that would adversely affect sowing. Well-placed sources told Business Rec
Published 01 Dec, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (November 30, 2011).

Published 01 Dec, 2011 12:00am
More increase in wheat support price imperative

More increase in wheat support price imperative

The government should revise upward the wheat support price, otherwise, the country may lose 2-3 million tons of wheat output in 2011-12, following rise in the cost of production that would adversely affect sowing. Well-placed sources told Business Rec
Published 01 Dec, 2011 12:00am
FBR opposes ban on CNG cylinders, kits

FBR opposes ban on CNG cylinders, kits

The Federal Board of Revenue (FBR) has strongly opposed ban on the import of Compressed Natural Gas (CNG) cylinders, compressors and kits used in locally manufactured vehicles and proposed higher rates of duties and taxes on these items.
Published 01 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (November 30, 2011).

Published 01 Dec, 2011 12:00am
FBR opposes ban on CNG cylinders, kits

FBR opposes ban on CNG cylinders, kits

The Federal Board of Revenue (FBR) has strongly opposed ban on the import of Compressed Natural Gas (CNG) cylinders, compressors and kits used in locally manufactured vehicles and proposed higher rates of duties and taxes on these items.
Published 01 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (November 30, 2011).

Published 01 Dec, 2011 12:00am
FBR opposes ban on CNG cylinders, kits

FBR opposes ban on CNG cylinders, kits

The Federal Board of Revenue (FBR) has strongly opposed ban on the import of Compressed Natural Gas (CNG) cylinders, compressors and kits used in locally manufactured vehicles and proposed higher rates of duties and taxes on these items.
Published 01 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (November 30, 2011).

Published 01 Dec, 2011 12:00am
Application challenging Sherry's appointment dismissed

Application challenging Sherry's appointment dismissed

The Lahore High Court on Wednesday dismissed, as being withdrawn, an application challenging Sherry Rehman's appointment as Pakistan's new ambassador to the United State. The civil miscellaneous application was filed by petitioner-counsel Muhammad Azhar S
Published 01 Dec, 2011 12:00am
THE RUPEE: dollar at 88.80

THE RUPEE: dollar at 88.80

The dollar was heading to hit a new high at Rs 89 in the currency market on Wednesday following importers' forward buying to meet the import bills in the coming days, experts said. The rupee lost 47 paisa in relation to dollar for buying at 88.70 and 48 p
Published 01 Dec, 2011 12:00am
Growers for fixing Basmati rice's export price at $900 per ton

Growers for fixing Basmati rice's export price at $900 per ton

Pakistan Basmati Rice Growers Association has demanded of the government to fix $900 per ton as the minimum export price of super Basmati rice (the premium variety of paddy) to control under-invoicing of the cash commodity. Talking to Business Recorder
Published 01 Dec, 2011 12:00am
THE RUPEE: dollar at 88.80

THE RUPEE: dollar at 88.80

The dollar was heading to hit a new high at Rs 89 in the currency market on Wednesday following importers' forward buying to meet the import bills in the coming days, experts said. The rupee lost 47 paisa in relation to dollar for buying at 88.70 and 48 p
Published 01 Dec, 2011 12:00am
APTMA rejects monetary policy

APTMA rejects monetary policy

Acting Chairman All Pakistan Textile Mills Association (APTMA) Seth Muhammad Akber has rejected monetary policy and said that maintaining mark up at 12 percent would add more to the Non Performing Loans (NPLs) and unemployment in the private sector. He sa
Published 01 Dec, 2011 12:00am
16 journalists killed, 47 injured in Pakistan during 2011

16 journalists killed, 47 injured in Pakistan during 2011

At least 16 journalists were killed and 47 injured during the eleven months of 2011 in Pakistan, the Hong Kong-based Asian Human Rights Commission (AHRC) said in a report on Wednesday. Among the 16 journalists, five journalists were abducted allegedly by
Published 01 Dec, 2011 12:00am
Aslam Butt joins PTI

Aslam Butt joins PTI

Former mayor of Gujranwala Aslam Butt on Wednesday announced to join the Pakistan Tahreek-e-Insaf (PTI). He along with his son Ashraf Butt of Q-league, a former MPA, announced to join hands with Imran Khan during a meeting with President PTI Punjab Ahsan
Published 01 Dec, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 01 Dec, 2011 12:00am
RCCI against granting MFN status to India

RCCI against granting MFN status to India

Rawalpindi Chamber of Commerce & Industry (RCCI) is against granting MFN status to India as the move will affect Pakistan's local industry. Addressing a guest lecturer at Shaheed Zulfikar Ali Bhutto Institute of Science & Technology (SZABIST), Senior Vice
Published 01 Dec, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 01 Dec, 2011 12:00am
Memogate a conspiracy against Pakistan: chief minister Punjab

Memogate a conspiracy against Pakistan: chief minister Punjab

Punjab Chief Minister Muhammad Shahbaz Sharif has said that Memogate Scandal is a conspiracy against Pakistan's sovereignty, survival and defence and its architects will have to be exposed. He said that every sacrifice would be made for the honour and sol
Published 01 Dec, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (November 30, 2011).

Published 01 Dec, 2011 12:00am
Zardari offers Korea to set up economic zone

Zardari offers Korea to set up economic zone

President Asif Ali Zardari on Wednesday offered Korea to establish its economic zone in Pakistan to boost trade ties between the two countries. The President was chairing a meeting to discuss his forthcoming visit to Korea and to highlight investment oppo
Published 01 Dec, 2011 12:00am
Flood victims at 'grave risk' 100 days on

Flood victims at 'grave risk' 100 days on

Millions of Pakistanis desperately need help 100 days after monsoon rains triggered major floods for a second year running with a "grave risk" of a public health crisis, aid groups warned Wednesday. The Pakistan Humanitarian Forum (PHF), a network of the
Published 01 Dec, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

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

Published 01 Dec, 2011 12:00am
Gas outages hindering four million Christmas export consignments

Gas outages hindering four million Christmas export consignments

Four million dollars worth textile export orders for Christmas sales destined to Europe and USA are going to be defaulted due to 3 days a week gas shutdown and phenomenal increase in prices of electricity, gas and petroleum products. These apprehensions w
Published 01 Dec, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (November 30, 2011) and for Thursday (December 01, 2011).
Published 01 Dec, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 01 Dec, 2011 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 01 Dec, 2011 12:00am
ECC set to approve TCP-PSMA sugar deal

ECC set to approve TCP-PSMA sugar deal

The Economic Co-ordination Committee (ECC) of the Cabinet is all set to approve on Thursday) an alleged unfair deal between the Trading Corporation of Pakistan (TCP) and Pakistan Sugar Mills Association (PSMA) for procurement of 185,000 tons sugar at Rs 6
Published 01 Dec, 2011 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 01 Dec, 2011 12:00am
Gilani for increasing volume of trade between Pakistan, UAE

Gilani for increasing volume of trade between Pakistan, UAE

Prime Minister Syed Yousuf Raza Gilani has said that the strategic partnership between Pakistan and UAE is characterised by extensive co-operation in various fields. Speaking at the dinner of "UAE Expo 2011" at Governor House here on Wednesday, Gilani sai
Published 01 Dec, 2011 12:00am
Bullion Rates

Bullion Rates

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

Published 01 Dec, 2011 12:00am
Footage showing Nato attack released

Footage showing Nato attack released

Inter Services Public Relations (ISPR) on Wednesday released a video footage showing Nato air strikes on two Pakistan check posts - Volcano and Boulder - located in Salala area of the Mohmand Agency. As many as 24 soldiers including two officers of Pakist
Published 01 Dec, 2011 12:00am
Bullion Rates

Bullion Rates

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

Published 01 Dec, 2011 12:00am
Belated fuel adjustment charges: PSMA to hold meeting with Nepra today

Belated fuel adjustment charges: PSMA to hold meeting with Nepra today

Pakistan Steel Melters Association (PSMA) would hold a meeting with the officials of National Electric Power Regulation Authority (Nepra) on Thursday (today) to resolve the issue of belated fuel adjustment charges on electricity, it was learnt. Sources to
Published 01 Dec, 2011 12:00am
The Weather

The Weather

The weather report on Wednesday (November 30, 2011) and the forecast for Thursday (December 01, 2011).

Published 01 Dec, 2011 12:00am
Seminar on 'Genetically Modified Foods Good or Bad' organised

Seminar on 'Genetically Modified Foods Good or Bad' organised

Speakers at a seminar on "Genetically Modified Foods Good or Bad" recommended guidelines and methodologies to comprise the whole technology development process, from the pre-release risk assessment, to bio safety considerations and post release monitoring
Published 01 Dec, 2011 12:00am
MTBs auction results

MTBs auction results

Tenders for Sale of 3-Months, 6-Months & 12-Months Government of Pakistan Market Treasury Bills were invited by the State Bank of Pakistan, Karachi through Primary Dealers from November 29 to 30, 2011. Bids were opened at 11:30 hours on November 30, 2011
Published 01 Dec, 2011 12:00am
MTBs auction results

MTBs auction results

Tenders for Sale of 3-Months, 6-Months & 12-Months Government of Pakistan Market Treasury Bills were invited by the State Bank of Pakistan, Karachi through Primary Dealers from November 29 to 30, 2011. Bids were opened at 11:30 hours on November 30, 2011
Published 01 Dec, 2011 12:00am
Subedars in Khyber Levy Force appointed

Subedars in Khyber Levy Force appointed

Political Administration of Khyber Agency on Wednesday appointed four tribesmen from Afridi clan as Subedars and three Naib Subedars in the Levy Force to strengthen its capability. Political Agent Khyber Agency Mutahir Zeb Khan has made the appointments p
Published 01 Dec, 2011 12:00am
PPP will continue struggle against enemies of democracy: Qaim

PPP will continue struggle against enemies of democracy: Qaim

Sindh Chief Minister, Syed Qaim Ali Shah on Wednesday said Quaid-e-Awam Shaheed Zulfikar Ali Bhutto had created awareness among masses about their right by laying foundation of the Pakistan Peoples Party (PPP), in 1967. Syed Qaim Ali Shah, who is also Pre
Published 01 Dec, 2011 12:00am
Iesco mobile customer service unit schedule

Iesco mobile customer service unit schedule

Islamabad Electric Supply Company (Iesco) has taken a lot of steps to facilitate its valued consumers. Iesco Mobile Customer Services Unit is one of them, which is providing services to the consumer at their doorsteps since long. In this regard, Iesco Mob
Published 01 Dec, 2011 12:00am
Violence against women campaign going on in 14 countries

Violence against women campaign going on in 14 countries

A global campaign 'We Can, End All Violence Against Women', currently going on in 14 countries. The campaign's underlying belief is that personal attitudinal change becomes agent for social change. In Pakistan the campaign is functional with its core grou
Published 01 Dec, 2011 12:00am
Tajikistan envoy meets CJCSC

Tajikistan envoy meets CJCSC

Ambassador of Tajikistan, Zubydullo Zubaydov called on Chairman Joint Chiefs of Staff Committee (CJCSC), General Khalid Shameem Wynne here on Wednesday. They discussed matters related to mutual co-operation between the two countries, says an ISPR press re
Published 01 Dec, 2011 12:00am
PPP celebrates foundation day

PPP celebrates foundation day

The 45th Founding Day of Pakistan People's Party (PPP) was celebrated here on Wednesday. Resigned from the ministry in the wake of rousing differences with dictator General Ayub Khan, Zulfiqar Ali Bhutto founded the party at the residence of Dr Mubashir H
Published 01 Dec, 2011 12:00am
Bandits take away Rs 5.3 million from bank

Bandits take away Rs 5.3 million from bank

Despite tall claims of the Law Enforcement Agencies (LEAs) to have evolved comprehensive strategy to avert bank robbery, bandits took away Rs 5.3 million from another bank in the limits of Nazimabad police station. This was the third bank heist in Novembe
Published 01 Dec, 2011 12:00am
BoD of KSE takes key decisions

BoD of KSE takes key decisions

The Karachi Stock Exchange (KSE) Board of Directors has taken some key decisions in its meeting held on November 29, 2011. According to a KSE notice issued here on Wednesday, the KSE board of directors has approved revised TOR of Index Experts Committee o
Published 01 Dec, 2011 12:00am
Property of St. Andrews Church: allegations of sale denied

Property of St. Andrews Church: allegations of sale denied

Chairman, Standing Committee on Minorities Affairs Sindh Saleem Khursheed Khokhar has denied the allegations levelled against him by Bishop Sadiq Daniel of Karachi Diocese, Church of Pakistan for having intentions to sell the property of St. Andrews Churc
Published 01 Dec, 2011 12:00am
Inquiry Commission on Abbottabad Operation meets

Inquiry Commission on Abbottabad Operation meets

Inquiry Commission on Abbottabad Operation Wednesday conducted interviews of Secretary, Ministry of Law and Justice and Secretary, Ministry of Information and Broadcasting. Director General (IB), DNA expert and Chief Census Commissioner, Islamabad were al
Published 01 Dec, 2011 12:00am
Eigth National Phytopathological Conference held at UAF

Eigth National Phytopathological Conference held at UAF

Pakistan, sixth largest citrus producing country, would be producing 'no citrus' and the commodity can become a fancy tale of past after a couple of decades if greening disease continues killing the trees at massive scale.
Published 01 Dec, 2011 12:00am
Violence against women: SAP-PK arranges media briefing

Violence against women: SAP-PK arranges media briefing

South Asia Partnership Pakistan (SAP-PK), one of the leading civil society organisation in Pakistan, fighting and raising voice to eliminate violence against women in Pakistan. SAP-PK has organised a media briefing at a local hotel. In media briefing it w
Published 01 Dec, 2011 12:00am
Asfandyar elected president ANP

Asfandyar elected president ANP

The Central Council of Awami National Party (ANP) has elected Asfandyar Wali Khan as president of the party for another term. Speaking on the occasion, the Central president, ANP Asfandyar Wali Khan has said that establishment of peace was ANP next goal a
Published 01 Dec, 2011 12:00am
Azme Alishan launches new online pledge

Azme Alishan launches new online pledge

Azme Alishan, the nation's newest and fastest growing social movement, has launched a new online pledge calling on Pakistanis everywhere to sign up as ambassadors for the 'real Pakistan' to counter some of the negative perceptions of the country at home a
Published 01 Dec, 2011 12:00am
Naek urges closer ties between parliaments

Naek urges closer ties between parliaments

Senate Chairman Farooq Naek, who is leading Pakistan's delegation to the joint hearing with the Inter-Parliamentary Union (IPU) and the UN General Assembly, spent a busy day meeting chief delegates of Benin, Trinidad Tobago and Zimbabwe. During the meetin
Published 01 Dec, 2011 12:00am
Bus passengers looted in Osta Muhammad

Bus passengers looted in Osta Muhammad

Unidentified bandits have looted bus passengers at gunpoint in Osta Muhammad. Police said on Wednesday that unidentified armed men intercepted a passenger coach in Osta Muhammad and deprived the commuters of cash and other valuables. Later, they managed t
Published 01 Dec, 2011 12:00am
Middle class drives political, social and cultural change

Middle class drives political, social and cultural change

Deputy Chairman Planning Commission of Pakistan Dr Nadeem-ul-Haque said that middle class drives political, social and cultural change in any country. He said this while addressing a seminar on "Business and the Middle Class in Pakistan", organised by the
Published 01 Dec, 2011 12:00am
US copper steadies

US copper steadies

Copper steadied on Tuesday, finding support from improved US consumer confidence and robust retail sales, but persistent concerns about Europe's ability to resolve its debt crisis prevented further gains. In the US, benchmark December copper futures finis
Published 01 Dec, 2011 12:00am
Brent crude falls

Brent crude falls

Brent crude futures fell on Wednesday as an unexpected rise in US oil inventories stemmed an early rally ignited by the top central banks' joint invention to avoid a global liquidity crunch. By 2:50 pm EST (1950) ICE January Brent crude traded in London w
Published 01 Dec, 2011 12:00am
Copper rises over five percent

Copper rises over five percent

Copper rose more than five percent to a two-week high on Wednesday after central banks around the world announced co-ordinated global action to provide liquidity to the financial system. Other base metals also rose significantly as the liquidity boost pro
Published 01 Dec, 2011 12:00am
Shanghai copper slips

Shanghai copper slips

The most briskly traded February copper contract on the Shanghai Futures Exchange slipped 1.6 percent to close at 54,560 yuan a tonne on Wednesday. Copper slid as a concrete solution to Europe's debt struggle remained elusive with a European Central Bank
Published 01 Dec, 2011 12:00am
Gbagbo faces charges of crimes against humanity: ICC

Gbagbo faces charges of crimes against humanity: ICC

Ivory Coast's former president Laurent Gbagbo will appear before the International Criminal Court in The Hague within days to face charges of crimes against humanity, the first former head of state to be tried by the ICC since its inception in 2002. Gbagb
Published 01 Dec, 2011 12:00am
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