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Print - 2012-01-13
PTA industry: BoI wants three percent increase in tariff

PTA industry: BoI wants three percent increase in tariff

Board of Investment (BoI) is said to be using all its 'energies' for three percent increase in tariff to make local PTA industry competitive with China and India despite stiff resistance by other relevant ministries. Official documents available with B
Published 13 Jan, 2012 12:00am
Nisar says trust move to be resisted with full force

Nisar says trust move to be resisted with full force

Opposition leader in the National Assembly Chaudhry Nisar Ali Khan on Thursday warned the government against its possible move to pass resolution from the National Assembly in favour of President Zardari and Prime Minister Gilani as well as any vote of co
Published 13 Jan, 2012 12:00am
Industry captains set to finalise way forward on energy security

Industry captains set to finalise way forward on energy security

Industry captains are set to suggest way forward on energy security to the government, to be finalised at the APTMA Punjab office on Friday (today) with Gohar Ejaz in the chair. It may be noted that Prime Minister Yousuf Raza Gilani had desired from Gohar
Published 13 Jan, 2012 12:00am
Fish farmers: training course from January 16

Fish farmers: training course from January 16

Fisheries Research and Training Institute, Fisheries Department Punjab is holding a three-day training course for fish farmers on "prosperity through fish farming" from January 16 to January 18. The objective of this training is to provide essential moder
Published 13 Jan, 2012 12:00am
Dr Ismail appointed vice-chairman PBIT

Dr Ismail appointed vice-chairman PBIT

The Punjab government has appointed Dr Miftah Ismail as the new Vice-Chairman of the Punjab Board of Investment and Trade (PBIT). Dr Ismail has a Ph.D in Public Finance and Political Economy from the Wharton School, University of Pennsylvania. He has prev
Published 13 Jan, 2012 12:00am
Crisis shows signs of ebbing

Crisis shows signs of ebbing

Chief of Army Staff (CoAS) General Ashfaq Parvez Kayani held a key meeting with top army commanders here on Thursday.
Published 13 Jan, 2012 12:00am
Crisis shows signs of ebbing

Crisis shows signs of ebbing

Chief of Army Staff (CoAS) General Ashfaq Parvez Kayani held a key meeting with top army commanders here on Thursday.
Published 13 Jan, 2012 12:00am
Kayani to attend defence body meeting

Kayani to attend defence body meeting

Prime Minister Syed Yousuf Raza Gilani has called a meeting of the cabinet's defence committee for Saturday and the Chief of Army Staff (CoAS) General Ashfaq Parvez Kayani will attend it, a government official said, in a possible sign of efforts to defuse
Published 13 Jan, 2012 12:00am
Kayani to attend defence body meeting

Kayani to attend defence body meeting

Prime Minister Syed Yousuf Raza Gilani has called a meeting of the cabinet's defence committee for Saturday and the Chief of Army Staff (CoAS) General Ashfaq Parvez Kayani will attend it, a government official said, in a possible sign of efforts to defuse
Published 13 Jan, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (January 12, 2012).

Published 13 Jan, 2012 12:00am
Senate elections on March 2

Senate elections on March 2

The Election Commission of Pakistan (ECP) has announced the schedule of upcoming Senate election which will be held on March 02, 2012. The ECP said that the elections would be held for 54 Senate seats, including the four seats, which have been reserved fo
Published 13 Jan, 2012 12:00am
Senate elections on March 2

Senate elections on March 2

The Election Commission of Pakistan (ECP) has announced the schedule of upcoming Senate election which will be held on March 02, 2012. The ECP said that the elections would be held for 54 Senate seats, including the four seats, which have been reserved fo
Published 13 Jan, 2012 12:00am
Iran embargo gathers support in Asia, Europe

Iran embargo gathers support in Asia, Europe

US allies in Asia and Europe voiced support on Thursday for Washington's drive to cut Iran's oil exports, though fear of self-inflicted economic pain is curbing enthusiasm for an embargo that a defiant Iran says will not halt its nuclear programme.
Published 13 Jan, 2012 12:00am
Iran embargo gathers support in Asia, Europe

Iran embargo gathers support in Asia, Europe

US allies in Asia and Europe voiced support on Thursday for Washington's drive to cut Iran's oil exports, though fear of self-inflicted economic pain is curbing enthusiasm for an embargo that a defiant Iran says will not halt its nuclear programme.
Published 13 Jan, 2012 12:00am
Iran embargo gathers support in Asia, Europe

Iran embargo gathers support in Asia, Europe

US allies in Asia and Europe voiced support on Thursday for Washington''s drive to cut Iran''s oil exports, though fear of self-inflicted economic pain is curbing enthusiasm for an embargo that a defiant Iran says will not halt its nuclear programme.
Published 13 Jan, 2012 12:00am
Iran embargo gathers support in Asia, Europe

Iran embargo gathers support in Asia, Europe

US allies in Asia and Europe voiced support on Thursday for Washington''''s drive to cut Iran''''s oil exports, though fear of self-inflicted economic pain is curbing enthusiasm for an embargo that a defiant Iran says will not halt its nuclear programme.
Published 13 Jan, 2012 12:00am
EU firms renew Iran oil deals to win sanction reprieve

EU firms renew Iran oil deals to win sanction reprieve

Italian, Spanish and Greek companies have extended most of their oil supply deals with Iran for 2012, so that most of Tehran's supplies to the European Union are likely be exempted from sanctions for at least the first half of the year. Trading sources to
Published 13 Jan, 2012 12:00am
EU firms renew Iran oil deals to win sanction reprieve

EU firms renew Iran oil deals to win sanction reprieve

Italian, Spanish and Greek companies have extended most of their oil supply deals with Iran for 2012, so that most of Tehran's supplies to the European Union are likely be exempted from sanctions for at least the first half of the year. Trading sources to
Published 13 Jan, 2012 12:00am
EU firms renew Iran oil deals to win sanction reprieve

EU firms renew Iran oil deals to win sanction reprieve

Italian, Spanish and Greek companies have extended most of their oil supply deals with Iran for 2012, so that most of Tehran''s supplies to the European Union are likely be exempted from sanctions for at least the first half of the year. Trading sources t
Published 13 Jan, 2012 12:00am
KSE index sheds 21.37 points

KSE index sheds 21.37 points

A bearish trend was witnessed on the Karachi share market on Thursday due to prevailing political situation in the country. The KSE-100 index declined by 21.37 points to close at the level of 10,909.12 points. The market opened on a negative note and the
Published 13 Jan, 2012 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (January 12, 2012).

Published 13 Jan, 2012 12:00am
KSE index sheds 21.37 points

KSE index sheds 21.37 points

A bearish trend was witnessed on the Karachi share market on Thursday due to prevailing political situation in the country. The KSE-100 index declined by 21.37 points to close at the level of 10,909.12 points. The market opened on a negative note and the
Published 13 Jan, 2012 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (January 12, 2012).

Published 13 Jan, 2012 12:00am
KSE index sheds 21.37 points

KSE index sheds 21.37 points

A bearish trend was witnessed on the Karachi share market on Thursday due to prevailing political situation in the country. The KSE-100 index declined by 21.37 points to close at the level of 10,909.12 points. The market opened on a negative note and the
Published 13 Jan, 2012 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (January 12, 2012).

Published 13 Jan, 2012 12:00am
BRIndex30 down by 15.06 points

BRIndex30 down by 15.06 points

On Thurs-day, BRIndex30 opened at 8,234.32 and remained negative throughout the trading session. It touched an intraday high of 8,233.39 and an intraday low of 8,159.83 and closed at 8,219.26 which was -15.06 points or -0.18 percent lower than previous cl
Published 13 Jan, 2012 12:00am
BRIndex30 down by 15.06 points

BRIndex30 down by 15.06 points

On Thurs-day, BRIndex30 opened at 8,234.32 and remained negative throughout the trading session. It touched an intraday high of 8,233.39 and an intraday low of 8,159.83 and closed at 8,219.26 which was -15.06 points or -0.18 percent lower than previous cl
Published 13 Jan, 2012 12:00am
President leaves for Dubai

President leaves for Dubai

President Asif Ali Zardari on Thursday left for Dubai for a medical check-up and to attend a wedding ceremony, it is learnt. According to sources, the President is scheduled to return on Friday (today). This is the President's second visit to this Arab em
Published 13 Jan, 2012 12:00am
President leaves for Dubai

President leaves for Dubai

President Asif Ali Zardari on Thursday left for Dubai for a medical check-up and to attend a wedding ceremony, it is learnt. According to sources, the President is scheduled to return on Friday (today). This is the President's second visit to this Arab em
Published 13 Jan, 2012 12:00am
Mansoor Ijaz may not visit Pakistan

Mansoor Ijaz may not visit Pakistan

Mansoor Ijaz, the main character in the memogate scandal, is considering against visiting Pakistan owing to the prevailing situation in country, reports said. On the other hand, Akram Sheikh, counsel for Mansoor Ijaz, said that he was unable to make a con
Published 13 Jan, 2012 12:00am
Mansoor Ijaz may not visit Pakistan

Mansoor Ijaz may not visit Pakistan

Mansoor Ijaz, the main character in the memogate scandal, is considering against visiting Pakistan owing to the prevailing situation in country, reports said. On the other hand, Akram Sheikh, counsel for Mansoor Ijaz, said that he was unable to make a con
Published 13 Jan, 2012 12:00am
Haqqani files review petition

Haqqani files review petition

The Chief Justice Iftikhar Muhammad Chaudhry has constituted special bench to hear a review petition in Memogate controversy on January 17. The review petition has been filed by former Pakistan ambassador to the US Husain Haqqani. Advocate on Record Akhta
Published 13 Jan, 2012 12:00am
Haqqani files review petition

Haqqani files review petition

The Chief Justice Iftikhar Muhammad Chaudhry has constituted special bench to hear a review petition in Memogate controversy on January 17. The review petition has been filed by former Pakistan ambassador to the US Husain Haqqani. Advocate on Record Akhta
Published 13 Jan, 2012 12:00am
Majority of people supports Supreme Court decisions: poll

Majority of people supports Supreme Court decisions: poll

An overwhelming majority (62 percent) of people while showing their confidence in the Supreme Court (SC) of Pakistan has said that the court is not overstepping its mandate. According to a survey carried out by Gallup Pakistan, 62 percent of the responden
Published 13 Jan, 2012 12:00am
Majority of people supports Supreme Court decisions: poll

Majority of people supports Supreme Court decisions: poll

An overwhelming majority (62 percent) of people while showing their confidence in the Supreme Court (SC) of Pakistan has said that the court is not overstepping its mandate. According to a survey carried out by Gallup Pakistan, 62 percent of the responden
Published 13 Jan, 2012 12:00am
LSE index loses 13.78 points

LSE index loses 13.78 points

Mixed sentiments continued to prevail for the second consecutive day on the Lahore Stock Exchange (LSE) on Thursday where equities moved both ways and finally ended in negative zone due to lacking interest on the part of investors. The LSE-25 index was fu
Published 13 Jan, 2012 12:00am
LSE index loses 13.78 points

LSE index loses 13.78 points

Mixed sentiments continued to prevail for the second consecutive day on the Lahore Stock Exchange (LSE) on Thursday where equities moved both ways and finally ended in negative zone due to lacking interest on the part of investors. The LSE-25 index was fu
Published 13 Jan, 2012 12:00am
The Weather

The Weather

The weather report on Thursday (January 12, 2012) and the forecast for Friday (January 13, 2012).

Published 13 Jan, 2012 12:00am
Foreign investors repatriate $450 million in five months

Foreign investors repatriate $450 million in five months

The repatriation of profit and dividend by foreign investors is increasing gradually and some $450 million were sent abroad during the first five months of the current fiscal year. "Because of global meltdown, which hit the profitability of companies, the
Published 13 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 12, 2012).

Published 13 Jan, 2012 12:00am
Prime Minister inaugurates Kunnar-Pasakhi Gas Pipeline Project

Prime Minister inaugurates Kunnar-Pasakhi Gas Pipeline Project

Prime Minister Syed Yousuf Raza Gilani said on Thursday that the government is responsible to provide all basic facilities to the people and the present government is fully committed to do the task and has initiated a number of development projects to fac
Published 13 Jan, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (January 12, 2012).

Published 13 Jan, 2012 12:00am
Prime Minister inaugurates Kunnar-Pasakhi Gas Pipeline Project

Prime Minister inaugurates Kunnar-Pasakhi Gas Pipeline Project

Prime Minister Syed Yousuf Raza Gilani said on Thursday that the government is responsible to provide all basic facilities to the people and the present government is fully committed to do the task and has initiated a number of development projects to fac
Published 13 Jan, 2012 12:00am
Prime Minister inaugurates Kunnar-Pasakhi Gas Pipeline Project

Prime Minister inaugurates Kunnar-Pasakhi Gas Pipeline Project

Prime Minister Syed Yousuf Raza Gilani said on Thursday that the government is responsible to provide all basic facilities to the people and the present government is fully committed to do the task and has initiated a number of development projects to fac
Published 13 Jan, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (January 12, 2012).

Published 13 Jan, 2012 12:00am
Identify 10 major retail items prone to ST evasion: FBR tells officials

Identify 10 major retail items prone to ST evasion: FBR tells officials

The Federal Board of Revenue has directed the Director General Intelligence and Investigation (I&I); FBR Member Administration and FBR Member Inland Revenue to identify 10 major retail items prone to sales tax evasion. A senior government official told <i
Published 13 Jan, 2012 12:00am