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Print - 2012-01-19
SKMCH&RC to organise lecture on general practitioners

SKMCH&RC to organise lecture on general practitioners

Shaukat Khanum Memorial Cancer Hospital and Research Centre (SKMCH&RC) is organising a lecture on the topic of "Interpretation of non-invasive cardiac testing" for general medical practitioners on Friday (tomorrow). According to the hospital's spokesman,
Published 19 Jan, 2012 12:00am
Punjab Assembly summoned today

Punjab Assembly summoned today

Punjab Governor Latif Khan Khosa has summoned 33rd session of Punjab Assembly here on Thursday (3:00 pm). In the session Punjab Assembly will deliberate on 19 bills sent back by governor of the Province. Punjab Assembly has to cover 100 days in its parlia
Published 19 Jan, 2012 12:00am
Sindh Assembly adopts pro-democracy resolution unanimously

Sindh Assembly adopts pro-democracy resolution unanimously

Sindh Assembly on Wednesday passed a pro-democracy resolution unanimously, which was tabled by a Pakistan People's Party (PPP) lawmakers to support the present democratic set-up in the country. Emulating the National Assembly, the Sindh Assembly also put
Published 19 Jan, 2012 12:00am
French Expo on chemistry begins at PSF

French Expo on chemistry begins at PSF

A six-day travelling expo "It's all about chemistry" started here on Wednesday at Pakistan Science Foundation (PSF) to provide first-hand picture of the role of Chemistry in the daily life. The Expo, arranged by PSF and French Embassy, is aimed at increas
Published 19 Jan, 2012 12:00am
30 percent marriages in Pakistan fall into child marriage category

30 percent marriages in Pakistan fall into child marriage category

It is estimated that 30 percent of all marriages in the country fall into the category of child marriages and statistics reveal that highest rate of such weddings is prevalent in interior Sindh. Participants of a media workshop on Child Marriages discusse
Published 19 Jan, 2012 12:00am
AIOU Spring admissions to start from January 23

AIOU Spring admissions to start from January 23

Allama Iqbal Open University (AIOU) will start its admissions of Matric to Masters level programmes for the Semester Spring, 2012 across the country from January 23. Director Admissions, AIOU Syed Zia-ul-Hasnain said that admission forms and prospectus fo
Published 19 Jan, 2012 12:00am
'No power can deny disputed status of IHK'

'No power can deny disputed status of IHK'

The General Secretary of High Court Bar Association of occupied Kashmir, Ghulam Nabi Shaheen has said that no power including India can deny the disputed status of Jammu and Kashmir. Ghulam Nabi Shaheen in a statement issued in Srinagar said that the Unit
Published 19 Jan, 2012 12:00am
Fata's water supply scheme completed

Fata's water supply scheme completed

In order to overcome the shortage of drinking water supply for the communities living in Landai and Shabizai in Kanri Wam and Sheikh Mella, Darazinda Tehsil of FR D.I.Khan, the Political Administration of FR DIK has constructed drinking water supply syste
Published 19 Jan, 2012 12:00am
Duty-free vehicles' disposal and sale simplified

Duty-free vehicles' disposal and sale simplified

The Federal Board of Revenue has decided to simplify procedure to facilitate local disposal or sale of duty-free vehicles, including motor cars imported by privileged persons, organisations, offices, agencies and the dignitaries of the United Arab Emirate
Published 19 Jan, 2012 12:00am
Senator Saeeda Iqbal made OPs body chairperson

Senator Saeeda Iqbal made OPs body chairperson

The Senate Standing Committee on Overseas Pakistanis (OPs) here on Wednesday elected unopposed Senator Saeeda Iqbal as Chairperson of the Committee. Her name was proposed as Chairperson by Senator Rehana Yahya Baloch and seconded by Senator Naeem Hussain
Published 19 Jan, 2012 12:00am
Experts discuss Pak-India cooperation in science

Experts discuss Pak-India cooperation in science

A six member delegation of scientists from the Indian National Science Academy (INSA), headed by its President, Dr Krishan Lal is visiting Pakistan from January 17-19, on the invitation of President Pakistan Academy of Sciences (PAS).
Published 19 Jan, 2012 12:00am
Regulations & Enforcement Bill 2011: SECP empowered to set up tribunals

Regulations & Enforcement Bill 2011: SECP empowered to set up tribunals

The Securities and Exchange Commission of Pakistan (Regulations and Enforcement) Bill 2011 would empower the SECP to establish Securities and Exchange Tribunals to deal with the civil and criminal cases of corporate sector and introduce provisions for alt
Published 19 Jan, 2012 12:00am
Naek, Jamali condemn journalist's killing

Naek, Jamali condemn journalist's killing

Chairman and Deputy Chairman Senate on Wednesday condemned murder of Mukarram Khan Atif, a journalist from a private TV-channel, who was killed by unknown assailants in Shabqadar, Charsadda. Chairman Farooq H. Naek and Deputy Chairman Mir Jan Muhammad Kha
Published 19 Jan, 2012 12:00am
Wapda employees to protest against Discos' privatisation

Wapda employees to protest against Discos' privatisation

WAPDA Employees Union (Paigham) will protest against privatisation of distribution companies, India's control over Pakistani rivers, unemployment, load shedding and other issues outside Lahore Electric Supply Company's (LESCO) office here on Thursday (tod
Published 19 Jan, 2012 12:00am
PPP MPA moves adjournment motion against Revenue Department official

PPP MPA moves adjournment motion against Revenue Department official

An adjournment motion moved by the ruling PPP lawmaker against the a low-cadre official of Sindh Revenue Department showed how bureaucracy is powerful than the elected representatives. Imran Zafar Laghari while submitting the motion said that a 'corrupt'
Published 19 Jan, 2012 12:00am
US embassy condemns murder of journalist

US embassy condemns murder of journalist

The United States Embassy in Pakistan strongly condemns the murder of reporter Mukarram Khan Atif. We extend our condolences to his family and friends. Atif's reporting on security and extremism from the tribal belt brought to light the threat extremism p
Published 19 Jan, 2012 12:00am
Renewable energy projects: SBP enhancing scope of financing

Renewable energy projects: SBP enhancing scope of financing

In order to curtail the ongoing energy crisis, the State Bank of Pakistan on Wednesday announced that it will enhance the scope of financing facility for setting up of new power projects using renewable energy with a view to promoting the use of renewable
Published 19 Jan, 2012 12:00am
ABF president concerned at dwindling FDI

ABF president concerned at dwindling FDI

President American Business Forum (ABF) Salim Ghauri has expressed concern over dwindling Foreign Direct Investment (FDI) which dropped by 37 percent during the first half of current fiscal. He said that poor law and order situation, lack of infrastructur
Published 19 Jan, 2012 12:00am
Draft Securities Bill 2010: SECP proposes annual renewal fee

Draft Securities Bill 2010: SECP proposes annual renewal fee

The Securities and Exchange Commission of Pakistan (SECP) has strongly proposed an annual renewal fee for the securities exchanges under the draft Securities Bill 2010 to keep an effective check on bourses due to involvement of huge public money in stock
Published 19 Jan, 2012 12:00am
Power sector reforms: Privatisation the only solution: Dr Haq

Power sector reforms: Privatisation the only solution: Dr Haq

In an exclusive interview to Business Recorder team comprising Wasim Iqbal, Zaheer Abbasi and Naveed Butt, Deputy Chairman Planning Commission Dr Nadeem-ul-Haq, a retired 24-year staff member of the International Monetary Fund, maintains that the p
Published 19 Jan, 2012 12:00am
PHP recovers stolen vehicles

PHP recovers stolen vehicles

Punjab Highway Patrol (PHP) recovered 2 stolen cars and 2 motorcycles. According to details Punjab highway patrol posts Tahli Morr, Rawalpindi received message from control about a stolen car No.JGB/18, which was stolen from Doltalla. PHP team intercepted
Published 19 Jan, 2012 12:00am
Saadat Hasan Manto remembered

Saadat Hasan Manto remembered

One of the finest fine short story writers in Urdu literature Saadat Hasan Manto was remembered on his death anniversary on Wednesday. Saadat Hasan Manto, a great Urdu short story writer of South Asia, was born on May 11, 1912. During his early days he me
Published 19 Jan, 2012 12:00am
Aitzaz in driving seat!!!

Aitzaz in driving seat!!!

Once 'dumped' as persona non grata and 'outcast' in the Pakistan Peoples Party by the inner circles of President Asif Ali Zardari till recently, Barrister Aitzaz Ahsan is now sitting on the driving seat of the PPP government and dictating his terms as he
Published 19 Jan, 2012 12:00am
Matanat Ali Khan made Municipal Commissioner KMC

Matanat Ali Khan made Municipal Commissioner KMC

Sindh government on Wednesday appointed Matanat Ali Khan as Municipal Commissioner of Karachi Metropolitan Corporation while Dr Saif-ur-Rehman of District Management Group was posted as Deputy Commissioner, District Central Karachi.
Published 19 Jan, 2012 12:00am
MQM calls for avoiding confrontation

MQM calls for avoiding confrontation

Muttahida Qaumi Movement (MQM) chief Altaf Hussain on Wednesday exchanged views with constitutional and legal experts, MNAs, MPAs, Senators, MQM Legal Aid Committee and the Co-ordination Committee members in a meeting especially convened to discuss the cu
Published 19 Jan, 2012 12:00am
Corporate excellence: Clinton presents P&G with 2011 award

Corporate excellence: Clinton presents P&G with 2011 award

The US Secretary of State Hilary Clinton presented Proctor & Gamble with the 13th annual Secretary of State's Award for Corporate Excellence (ACE) on Wednesday for the company's exceptional corporate social responsibility (CSR) efforts in Pakistan.
Published 19 Jan, 2012 12:00am
Revenue collection shows over 27 percent growth

Revenue collection shows over 27 percent growth

The government on Wednesday informed National Assembly that the revenue collection of the Federal Board of Revenue (FBR) stood at Rs 844 billion during July-December (2011-2012) against Rs 661 billion during the same period of the last fiscal year, reflec
Published 19 Jan, 2012 12:00am
The Weather

The Weather

The weather report on Wednesday (January 18, 2012) and the forecast for Thursday (January 19, 2012).

Published 19 Jan, 2012 12:00am
Management trainee programme

Management trainee programme

A management trainee programme was conducted at the Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology (SZABIST). An official of the SZABIST said here on Wednesday that the daylong programme was organised by the National Foods Limited, as par
Published 19 Jan, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
SNGPL asked to prepare plan for provision of gas to FATA

SNGPL asked to prepare plan for provision of gas to FATA

Governor Khyber Pakhtunkhwa Barrister Masood Kausar has directed the SNGPL authorities to prepare a comprehensive plan for provision of natural gas to FATA adding that the whole FATA should be surveyed on technical grounds rather than selected areas.
Published 19 Jan, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
PML-N deplores government apathy about Balochistan issue

PML-N deplores government apathy about Balochistan issue

Pakistan Muslim League-Nawaz on Wednesday deplored the government's apathy and indifference toward the unrest in Balochistan and non-appointment of Balcoh people on key posts in corporations under the federal government that has furthered the sense of ali
Published 19 Jan, 2012 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 19 Jan, 2012 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 19 Jan, 2012 12:00am
Musharraf will be arrested if he returns: minister

Musharraf will be arrested if he returns: minister

Pakistan will arrest former military ruler Pervez Musharraf if he returns home as announced at the end of the month, the interior minister said Wednesday. "I assure this house that if he lands in Pakistan he will be arrested because he is a PO (proclaimed
Published 19 Jan, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
Pak-Iran gas pipeline to be completed till 2014: foreign minister

Pak-Iran gas pipeline to be completed till 2014: foreign minister

Foreign Minister Hina Rabbani Khar said that Pak-Iran gas pipeline is in national interest and a preference of the government. Talking to Voice of Germany, she mentioned to rapidly going on work on the project and hoped, it will be completed by 2014. The
Published 19 Jan, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (January 18, 2012) and for Thursday (January 19, 2012).
Published 19 Jan, 2012 12:00am
Heavy snowfall suspends bus, truck service across LoC

Heavy snowfall suspends bus, truck service across LoC

Cross-LoC trade and weekly bus service between Srinagar and Muzaffarabad remained suspended owing to heavy snowfall. The weekly bus service between Srinagar and Muzaffarabad named as 'Karvan-e-Aman' (peace caravan) was scheduled to ply but avalanche warni
Published 19 Jan, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
President condoles demise of N D Khan's brother

President condoles demise of N D Khan's brother

President Asif Ali Zardari on Wednesday expressed deep sorrow and grief over the death of Shakir Dad Khan, elder brother of senior Party leader N. D. Khan. The President while expressing condolences with the bereaved family prayed to Almighty Allah to gra
Published 19 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 Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
Exams from February 6

Exams from February 6

The Federal Urdu University for Arts, Science and Technology (FUUAST) annual examinations of B.A., B.Com. for the private candidates will commence from February 6. This was announced by the Controller of Examinations of FUUAST on Wednesday. The date for c
Published 19 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
KPT gets two super modern cranes

KPT gets two super modern cranes

Chairman Karachi Port Trust (KPT) Muhammad Aslam Hayat has said that with the inclusion of latest two new super post panamax ship to shore (STS) cranes and six new "1 over 6" hybrid engine rubber tyre gantries (RTG) worth US $25 million the overall perfor
Published 19 Jan, 2012 12:00am
KPT gets two super modern cranes

KPT gets two super modern cranes

Chairman Karachi Port Trust (KPT) Muhammad Aslam Hayat has said that with the inclusion of latest two new super post panamax ship to shore (STS) cranes and six new "1 over 6" hybrid engine rubber tyre gantries (RTG) worth US $25 million the overall perfor
Published 19 Jan, 2012 12:00am
Dry weather forecast for next 24 hours

Dry weather forecast for next 24 hours

Meteorologi-cal department on Wednesday predicted mostly dry weather with dense fog in plain areas during next 24 hours. Director MET office Muhammad Hanif said that weather was expected to be dry in most parts of the country during next 24 hours and dens
Published 19 Jan, 2012 12:00am
THE RUPEE: dollar lower

THE RUPEE: dollar lower

The rupee managed to gain modestly against dollar on the currency market on Wednesday in process of trading, dealers said. The rupee posted fresh gain of 17 paisa in relation to the dollar for buying at 90.20 and it also picked up 16 paisa for selling at
Published 19 Jan, 2012 12:00am
Nilofar Bakhtiar rebuffs calls for Musharraf trial

Nilofar Bakhtiar rebuffs calls for Musharraf trial

The faces of former President General Pervez Musharraf (Retd) loyalists flashed with dazzling light on Wednesday, when Senator Nilofar Bakhtiar questioned Upper House of Parliament how it could try a person under Article 6, who administered oath to the in
Published 19 Jan, 2012 12:00am
THE RUPEE: dollar lower

THE RUPEE: dollar lower

The rupee managed to gain modestly against dollar on the currency market on Wednesday in process of trading, dealers said. The rupee posted fresh gain of 17 paisa in relation to the dollar for buying at 90.20 and it also picked up 16 paisa for selling at
Published 19 Jan, 2012 12:00am
Prime Minister orders reduction in GDIS on CNG sector

Prime Minister orders reduction in GDIS on CNG sector

While accepting the demands of All Pakistan CNG Association (APCNGA) the Prime Minister has directed Ministry of Petroleum to implement the gas supply agreement of January 3, 2012 for CNG sector and reduce Gas Development Infrastructure Surcharge (GDIS) o
Published 19 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
Prime Minister orders reduction in GDIS on CNG sector

Prime Minister orders reduction in GDIS on CNG sector

While accepting the demands of All Pakistan CNG Association (APCNGA) the Prime Minister has directed Ministry of Petroleum to implement the gas supply agreement of January 3, 2012 for CNG sector and reduce Gas Development Infrastructure Surcharge (GDIS) o
Published 19 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
Prime Minister orders reduction in GDIS on CNG sector

Prime Minister orders reduction in GDIS on CNG sector

While accepting the demands of All Pakistan CNG Association (APCNGA) the Prime Minister has directed Ministry of Petroleum to implement the gas supply agreement of January 3, 2012 for CNG sector and reduce Gas Development Infrastructure Surcharge (GDIS) o
Published 19 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
NLC scam: NAB takes notice of lack of response from GHQ

NLC scam: NAB takes notice of lack of response from GHQ

The Executive Board Meeting of NAB took a serious notice of a lack of response from AG''s Branch of GHQ despite four reminders in the case of NLC scam involving huge losses worth billions of rupees allegedly incurred by Lieutenant General Afzal Muzaffar (
Published 19 Jan, 2012 12:00am
NLC scam: NAB takes notice of lack of response from GHQ

NLC scam: NAB takes notice of lack of response from GHQ

The Executive Board Meeting of NAB took a serious notice of a lack of response from AG's Branch of GHQ despite four reminders in the case of NLC scam involving huge losses worth billions of rupees allegedly incurred by Lieutenant General Afzal Muzaffar (R
Published 19 Jan, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
NLC scam: NAB takes notice of lack of response from GHQ

NLC scam: NAB takes notice of lack of response from GHQ

The Executive Board Meeting of NAB took a serious notice of a lack of response from AG's Branch of GHQ despite four reminders in the case of NLC scam involving huge losses worth billions of rupees allegedly incurred by Lieutenant General Afzal Muzaffar (R
Published 19 Jan, 2012 12:00am
ISI chief briefs Abbottabad Commission

ISI chief briefs Abbottabad Commission

Director General ISI Lieutenant General Shuja Pasha briefed the Inquiry Commission on Abbottabad Operation here on Wednesday. A meeting of the Inquiry Commission on Abbottabad Operation was held in the Cabinet Division under the Chairmanship of Justice Ja
Published 19 Jan, 2012 12:00am
ISI chief briefs Abbottabad Commission

ISI chief briefs Abbottabad Commission

Director General ISI Lieutenant General Shuja Pasha briefed the Inquiry Commission on Abbottabad Operation here on Wednesday. A meeting of the Inquiry Commission on Abbottabad Operation was held in the Cabinet Division under the Chairmanship of Justice Ja
Published 19 Jan, 2012 12:00am
British jobless total at highest since 1994

British jobless total at highest since 1994

Britain''s jobless total has hit the highest level since 1994, official data showed on Wednesday, and is set to rise further in the coming months with the country on course for a return to recession. A total of 2.68 million people were unemployed in Novem
Published 19 Jan, 2012 12:00am
British jobless total at highest since 1994

British jobless total at highest since 1994

Britain's jobless total has hit the highest level since 1994, official data showed on Wednesday, and is set to rise further in the coming months with the country on course for a return to recession. A total of 2.68 million people were unemployed in Novemb
Published 19 Jan, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jan, 2012 12:00am
British jobless total at highest since 1994

British jobless total at highest since 1994

Britain's jobless total has hit the highest level since 1994, official data showed on Wednesday, and is set to rise further in the coming months with the country on course for a return to recession. A total of 2.68 million people were unemployed in Novemb
Published 19 Jan, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jan, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 19 Jan, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 19 Jan, 2012 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 78.09 points, as the Index moved from 2,508.01 to 2,586.
Published 19 Jan, 2012 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 78.09 points, as the Index moved from 2,508.01 to 2,586.
Published 19 Jan, 2012 12:00am
LSE index gains 38.54 points

LSE index gains 38.54 points

Equities maintained upward slide for the second consecutive day amid bullish sentiments on the Lahore Stock Exchange (LSE) on Wednesday following fresh entries made by the investors in fertiliser and auto sectors' shares. The LSE-25 index was increased by
Published 19 Jan, 2012 12:00am
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