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Print - 2011-12-23
Offences against women: President gives his assent to two bills

Offences against women: President gives his assent to two bills

President Asif Ali Zardari on Thursday gave assent to two landmark bills that seek to provide enhanced punishment to several offences against women. The first bill that was assented is called The Bill called Criminal Law (Third Amendment) Bill 2011, which
Published 23 Dec, 2011 12:00am
Members of treasury, opposition benches meet

Members of treasury, opposition benches meet

A meeting of members of the treasury and opposition benches was held here on Thursday with Dr Fehmida Mirza, Speaker National Assembly in the chair. Chaudhry Nisar Ali Khan, Leader of the Opposition, Faisal Karim Kundi, Deputy Speaker National Assembly, S
Published 23 Dec, 2011 12:00am
Mobile Excellence Award 2011 ceremony held

Mobile Excellence Award 2011 ceremony held

Pakistan Telecommunications Authority (PTA) and Ericsson announced Ericsson-PTA Mobile Excellence Award 2011 winners at a ceremony held here on Thursday. The award has been conferred on the winning team for developing a mobile application "Poor mans' Read
Published 23 Dec, 2011 12:00am
ANP to emerge as single largest political party: Aqil Shah

ANP to emerge as single largest political party: Aqil Shah

Khyber Pakhtunkhwa Minister for Sports and Tourism, Syed Aqil Shah said that on the basis of performance, the Awami National Party (ANP) will emerge the single largest political party in next general elections in the province. He was addressing a public m
Published 23 Dec, 2011 12:00am
PTI set to hold public meeting in Karachi

PTI set to hold public meeting in Karachi

Pakistan Tehreek-e-Insaf (PTI) is all set to go ahead with its planned public meeting in Karachi on December 25, saying Sindh High Court had not barred the party from holding a public meeting outside the Quaid-e-Azam Mazar. PTI, which has been campaigning
Published 23 Dec, 2011 12:00am
Education about women rights at grassroots level vital

Education about women rights at grassroots level vital

Education about human and especially women rights at the grassroots level is vital and only awareness is the antidote to unleash a difference and defeat the parochial mindset that encourages violence against women could be changed through awareness.
Published 23 Dec, 2011 12:00am
Churches exempted from loadshedding

Churches exempted from loadshedding

On the special directives of federal minister for water and power Syed Naveed Qamar, Iesco has decided to exempt churches from loadshedding on the eve of Christmas on December 24-25. In this regard, Iesco management has also directed to all five circles M
Published 23 Dec, 2011 12:00am
President felicitates newly appointed ambassadors

President felicitates newly appointed ambassadors

Ambassadors designate of France, Iran and Sweden, and the ambassadors designate of Venezuela, Georgia and Belarus, resident in Iran, on Thursday presented their credential to President Asif Ali Zardari at an impressive ceremony held at the Aiwan-e-Sadr.
Published 23 Dec, 2011 12:00am
Kayani visits Kurram, Mohmand agencies

Kayani visits Kurram, Mohmand agencies

Chief of Army Staff (CoAS), General Ashfaq Parvez Kayani visited Kurram and Mohmand Agencies on Thursday. In a statement issued here, ISPR said at Kurram, he was briefed about the on-going Operation Koh-i-Sufaid aimed at clearing miscreants' pockets of re
Published 23 Dec, 2011 12:00am
Senate elections: PPP invites applications

Senate elections: PPP invites applications

Pakistan Peoples Party has invited applications for Senate elections due in March next year. Announcing this, the party's Secretary General, Jahangir Bader on Thursday asked party hopefuls to apply in writing for the award of party tickets by January 10,
Published 23 Dec, 2011 12:00am
Seminary student among five killed in separate incidents

Seminary student among five killed in separate incidents

At least five people including a seminary student and an elder woman and her son were killed in separate incidents in different areas of the metropolis here on Thursday. According to police sources, a student of Jamia Farooqia, who was kidnapped after sec
Published 23 Dec, 2011 12:00am
Nawaz meets members of EO, YPO

Nawaz meets members of EO, YPO

Nawaz Sharif, on his arrival to the city, met with the members of Entrepreneurs 'Organisation (EO)and YPO for a lunch meeting on Monday at a local hotel. Nawaz Sharif was accompanied by his team including noted PML-N politicians Mamnoon Hussain, Saleem Zi
Published 23 Dec, 2011 12:00am
Pacra maintains ratings of FHM

Pacra maintains ratings of FHM

Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term rating of First Habib Modaraba (FHM) at "AA+" (Double A Plus) and "A1+" (A One Plus), respectively. The rating denotes a very low expectation of credit risk emanating from a
Published 23 Dec, 2011 12:00am
Pacra maintains ratings of FHM

Pacra maintains ratings of FHM

Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term rating of First Habib Modaraba (FHM) at "AA+" (Double A Plus) and "A1+" (A One Plus), respectively. The rating denotes a very low expectation of credit risk emanating from a
Published 23 Dec, 2011 12:00am
Memo crisis keeps pressure on tense US relationship

Memo crisis keeps pressure on tense US relationship

A political crisis in Pakistan may threaten not only the future of President Asif Ali Zardari but also keep pressure on an already tense relationship with the United States as it seeks to stabilise neighbouring Afghanistan.
Published 23 Dec, 2011 12:00am
Senate body to get briefing on MFN status to India

Senate body to get briefing on MFN status to India

Senate Standing Committee on Foreign Affairs, Kashmir Affairs and Gilgit-Baltistan on Thursday agreed to get briefing from Ministry of Commerce and Foreign Office on the government move to grant MFN status to India.
Published 23 Dec, 2011 12:00am
Chief minister calls on Governor Sindh

Chief minister calls on Governor Sindh

The Chief Minister Sindh, Syed Qaim Ali Shah called on Governor Sindh, Dr Ishrat-ul-Ebad Khan at the Governor House here on Thursday. Qaim Ali Shah and Dr Ishrat-ul-Ebad Khan expressed their satisfaction over the continuing consultation on local governmen
Published 23 Dec, 2011 12:00am
Khuzdar among world's 10 most dangerous places for media: RSF

Khuzdar among world's 10 most dangerous places for media: RSF

Sixty-six journalists were killed and more than 1,000 arrested this year, Reporters Without Borders (RSF) said Thursday, naming cities in Syria, Egypt and Libya among the world's most dangerous places for the media. "For the second year running, Pakistan
Published 23 Dec, 2011 12:00am
Government to complete constitutional tenure: Chandio

Government to complete constitutional tenure: Chandio

Minister for Law and Justice Maula Bakhsh Chandio said on Thursday that the government was facing no threats and it would complete its tenure. Talking to media outside the Parliament House, he said, "The democracy has no threat and the government will com
Published 23 Dec, 2011 12:00am
Judgement reserved on KESC's petition against SSGC

Judgement reserved on KESC's petition against SSGC

A division bench of Sindh High Court (SHC) Thursday after hearing arguments of both sides reserved judgement on a petition filed by the Karachi Electric Supply Corporation (KESC) for provision of 276 million cubic feet gas per day (mmcfd). The bench compr
Published 23 Dec, 2011 12:00am
Government's strategy to light up Pakistan

Government's strategy to light up Pakistan

For the very first, and sadly, the very last time in its history, Pakistan managed to produce 3000 MW surplus electricity through successful implementation of the 1994 Power Policy chalked out by the then People's government.
Published 23 Dec, 2011 12:00am
Home Alone: Obama goes shopping, political gift in hand

Home Alone: Obama goes shopping, political gift in hand

US President Barack Obama went Christmas shopping Wednesday, but he already had in his pocket what some pundits say was the best holiday gift ever. Obama is home alone in the White House, making a pointed display of staying put in Washington while most of
Published 23 Dec, 2011 12:00am
The Weather

The Weather

The weather report on Thursday (December 22, 2011) and the forecast for Friday (December 23, 2011).

Published 23 Dec, 2011 12:00am
Two bare meals a day: India's boom eludes the poor

Two bare meals a day: India's boom eludes the poor

Rita Majhi hasn't tasted any meat or fish for two years. It has been over a year since Puran Baswar bought milk for his children. Bet Ram wonders whether he will get work to pay for his next meal. Majhi, Baswar, Ram are among the millions of Indians whom
Published 23 Dec, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
Remembering Benazir Bhutto

Remembering Benazir Bhutto

December 27 will mark the fourth death anniversary of Shaheed Mohtarma Benazir Bhutto, the great visionary leader, who resisted with great courage the agenda of the neo-colonial forces - pushing Pakistan to a theocratic State incapable of progressing towa
Published 23 Dec, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
Call for early election

Call for early election

Pakistan Muslim League (N) chief Nawaz Sharif has called for early elections - a call not entirely new but quite the opposite for its timing. "Wisdom demands that the PPP seek a fresh mandate because it is the only way to wriggle out from the morass they
Published 23 Dec, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 23 Dec, 2011 12:00am
Tax on income from agriculture

Tax on income from agriculture

All the multilateral financial institutions and most of the analysts have been urging upon the authorities since long to tax incomes originating from various sources without any discrimination. Thankfully, all the provincial governments are now convinced
Published 23 Dec, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 23 Dec, 2011 12:00am
Preparation of computerised electoral rolls: ECP clarifies its position

Preparation of computerised electoral rolls: ECP clarifies its position

The Election Commission of Pakistan (ECP) on Thursday clarified various points, appearing in the print and electronic media with regard to preparation of Computerised Electoral Rolls. A press release issued by the ECP said that preparation of Computerised
Published 23 Dec, 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 (December 22, 2011).

Published 23 Dec, 2011 12:00am
Unmanned cargo helicopter operating in Afghanistan

Unmanned cargo helicopter operating in Afghanistan

An unmanned helicopter capable of carrying more than 3,500 pounds of cargo (1.6 tonnes) has begun supplying troops in Afghanistan, US military officials said Thursday. It is hoped the K-MAX, which conducted its maiden flight with cargo in a combat zone on
Published 23 Dec, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
Unmanned cargo helicopter operating in Afghanistan

Unmanned cargo helicopter operating in Afghanistan

An unmanned helicopter capable of carrying more than 3,500 pounds of cargo (1.6 tonnes) has begun supplying troops in Afghanistan, US military officials said Thursday. It is hoped the K-MAX, which conducted its maiden flight with cargo in a combat zone on
Published 23 Dec, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (December 22, 2011) and for Friday (December 23, 2011).
Published 23 Dec, 2011 12:00am
People involved in power theft: Hafeez asks Discos to take action

People involved in power theft: Hafeez asks Discos to take action

Finance Minister Dr Abdul Hafeez Sheikh has urged newly appointed chairmen of power distribution companies to go against the people involved in power theft irrespective of their political affiliation and influence to reduce the power sector losses posing
Published 23 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 Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
People involved in power theft: Hafeez asks Discos to take action

People involved in power theft: Hafeez asks Discos to take action

Finance Minister Dr Abdul Hafeez Sheikh has urged newly appointed chairmen of power distribution companies to go against the people involved in power theft irrespective of their political affiliation and influence to reduce the power sector losses posing
Published 23 Dec, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
People involved in power theft: Hafeez asks Discos to take action

People involved in power theft: Hafeez asks Discos to take action

Finance Minister Dr Abdul Hafeez Sheikh has urged newly appointed chairmen of power distribution companies to go against the people involved in power theft irrespective of their political affiliation and influence to reduce the power sector losses posing
Published 23 Dec, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
US Justice Department approves Deutsche Boerse, NYSE deal

US Justice Department approves Deutsche Boerse, NYSE deal

Deutsche Boerse won US antitrust approval to buy NYSE Euronext on Thursday in a $9 billion deal that has hit serious antitrust headwinds in Europe. The Justice Department said on Thursday that the deal, which was announced in February, won approval on con
Published 23 Dec, 2011 12:00am
US Justice Department approves Deutsche Boerse, NYSE deal

US Justice Department approves Deutsche Boerse, NYSE deal

Deutsche Boerse won US antitrust approval to buy NYSE Euronext on Thursday in a $9 billion deal that has hit serious antitrust headwinds in Europe. The Justice Department said on Thursday that the deal, which was announced in February, won approval on con
Published 23 Dec, 2011 12:00am
US Justice Department approves Deutsche Boerse, NYSE deal

US Justice Department approves Deutsche Boerse, NYSE deal

Deutsche Boerse won US antitrust approval to buy NYSE Euronext on Thursday in a $9 billion deal that has hit serious antitrust headwinds in Europe. The Justice Department said on Thursday that the deal, which was announced in February, won approval on con
Published 23 Dec, 2011 12:00am
THE RUPEE: all-round recovery

THE RUPEE: all-round recovery

As a result of recent move by the State Bank of Pakistan (SBP) to revise the forward cover rules, the rupee managed to recover sharply in both the interbank and open markets, dealers said.
Published 23 Dec, 2011 12:00am
LPG prices may go up by Rs 14 per kg from January 1

LPG prices may go up by Rs 14 per kg from January 1

LPG prices are expected to increase by Rs 14 per kilo from 1st January after the imposition of the newly legislated petroleum levy on local LPG production, said Belal Jabbar the spokesman for the LPG Association of Pakistan. As recent as two days ago the
Published 23 Dec, 2011 12:00am
THE RUPEE: all-round recovery

THE RUPEE: all-round recovery

As a result of recent move by the State Bank of Pakistan (SBP) to revise the forward cover rules, the rupee managed to recover sharply in both the interbank and open markets, dealers said.
Published 23 Dec, 2011 12:00am
LPG prices may go up by Rs 14 per kg from January 1

LPG prices may go up by Rs 14 per kg from January 1

LPG prices are expected to increase by Rs 14 per kilo from 1st January after the imposition of the newly legislated petroleum levy on local LPG production, said Belal Jabbar the spokesman for the LPG Association of Pakistan. As recent as two days ago the
Published 23 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
LPG prices may go up by Rs 14 per kg from January 1

LPG prices may go up by Rs 14 per kg from January 1

LPG prices are expected to increase by Rs 14 per kilo from 1st January after the imposition of the newly legislated petroleum levy on local LPG production, said Belal Jabbar the spokesman for the LPG Association of Pakistan. As recent as two days ago the
Published 23 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
FMAP/NIFT launches revaluation rates for Sukuks

FMAP/NIFT launches revaluation rates for Sukuks

The Financial Markets Association of Pakistan (FMAP), in collaboration with NIFT, has launched two new Sukuk revaluation benchmark rates pages. These rates are to be used by Islamic banks, Islamic banking windows and mutual fund managers to revalue their
Published 23 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
FMAP/NIFT launches revaluation rates for Sukuks

FMAP/NIFT launches revaluation rates for Sukuks

The Financial Markets Association of Pakistan (FMAP), in collaboration with NIFT, has launched two new Sukuk revaluation benchmark rates pages. These rates are to be used by Islamic banks, Islamic banking windows and mutual fund managers to revalue their
Published 23 Dec, 2011 12:00am
FMAP/NIFT launches revaluation rates for Sukuks

FMAP/NIFT launches revaluation rates for Sukuks

The Financial Markets Association of Pakistan (FMAP), in collaboration with NIFT, has launched two new Sukuk revaluation benchmark rates pages. These rates are to be used by Islamic banks, Islamic banking windows and mutual fund managers to revalue their
Published 23 Dec, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
FMAP/NIFT launches revaluation rates for Sukuks

FMAP/NIFT launches revaluation rates for Sukuks

The Financial Markets Association of Pakistan (FMAP), in collaboration with NIFT, has launched two new Sukuk revaluation benchmark rates pages. These rates are to be used by Islamic banks, Islamic banking windows and mutual fund managers to revalue their
Published 23 Dec, 2011 12:00am
Suriya Jatoi declared MNA

Suriya Jatoi declared MNA

The Election Commission of Pakistan (ECP) has declared Ms Suriya Jatoi w/o Ziauddin Jatoi as returned candidate on the seat reserved for women from Sindh in the National Assembly. According to a notification issued here the seat had been fallen vacant due
Published 23 Dec, 2011 12:00am
Suriya Jatoi declared MNA

Suriya Jatoi declared MNA

The Election Commission of Pakistan (ECP) has declared Ms Suriya Jatoi w/o Ziauddin Jatoi as returned candidate on the seat reserved for women from Sindh in the National Assembly. According to a notification issued here the seat had been fallen vacant due
Published 23 Dec, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Dec, 2011 12:00am
Over 70 killed in Iraq as political crisis deepens

Over 70 killed in Iraq as political crisis deepens

At least 74 people were killed on Thursday in a string of bombings in the Iraqi capital Baghdad, security and health officials said. It was the first large-scale attack after a crisis between Shia Prime Minister Nuri al-Maliki and two Sunni Muslim politic
Published 23 Dec, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Dec, 2011 12:00am
Over 70 killed in Iraq as political crisis deepens

Over 70 killed in Iraq as political crisis deepens

At least 74 people were killed on Thursday in a string of bombings in the Iraqi capital Baghdad, security and health officials said. It was the first large-scale attack after a crisis between Shia Prime Minister Nuri al-Maliki and two Sunni Muslim politic
Published 23 Dec, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 23 Dec, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 8.41 points, as the Index moved from 2,619.38 to 2,610.97 points.
Published 23 Dec, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 8.41 points, as the Index moved from 2,619.38 to 2,610.97 points.
Published 23 Dec, 2011 12:00am
Bullish sentiments prevail on LSE

Bullish sentiments prevail on LSE

Bullish sentiments prevailed on the Lahore Stock Exchange (LSE) on Thursday and the equities staged recoveries following buying in fertiliser, oil and banking sectors' shares, while ready board shares also remained attractive. The LSE-25 index gained 31.8
Published 23 Dec, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Dec, 2011 12:00am
Bullish sentiments prevail on LSE

Bullish sentiments prevail on LSE

Bullish sentiments prevailed on the Lahore Stock Exchange (LSE) on Thursday and the equities staged recoveries following buying in fertiliser, oil and banking sectors' shares, while ready board shares also remained attractive. The LSE-25 index gained 31.8
Published 23 Dec, 2011 12:00am
BRIndex30 gains 59.92 points

BRIndex30 gains 59.92 points

On Thursday, BRIndex30 opened at 8,362.08. It touched an intraday high of 8,433.18 and an intraday low of 8,347.60 and closed at 8,422.00 which was 59.92 points or 0.72 percent higher than previous close. Total volume stood at 26,087,544, which was 78.55
Published 23 Dec, 2011 12:00am
BRIndex30 gains 59.92 points

BRIndex30 gains 59.92 points

On Thursday, BRIndex30 opened at 8,362.08. It touched an intraday high of 8,433.18 and an intraday low of 8,347.60 and closed at 8,422.00 which was 59.92 points or 0.72 percent higher than previous close. Total volume stood at 26,087,544, which was 78.55
Published 23 Dec, 2011 12:00am
KSE index up 37.55 points

KSE index up 37.55 points

The KSE-100 index on Thursday gained 37.55 points to close at 11,306.10 points on the back of investors'' interest in available attractive levels. The market opened slightly negative however fresh buying mainly in fertiliser and banking sector stocks supp
Published 23 Dec, 2011 12:00am
KSE index up 37.55 points

KSE index up 37.55 points

The KSE-100 index on Thursday gained 37.55 points to close at 11,306.10 points on the back of investors' interest in available attractive levels. The market opened slightly negative however fresh buying mainly in fertiliser and banking sector stocks suppo
Published 23 Dec, 2011 12:00am
KSE index up 37.55 points

KSE index up 37.55 points

The KSE-100 index on Thursday gained 37.55 points to close at 11,306.10 points on the back of investors' interest in available attractive levels. The market opened slightly negative however fresh buying mainly in fertiliser and banking sector stocks suppo
Published 23 Dec, 2011 12:00am
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