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Print - 2012-01-19
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
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
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
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
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
'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
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
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
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
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
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
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
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 19 Jan, 2012 12:00am
All eyes on Mr Prime Minister

All eyes on Mr Prime Minister

Prime Minister Syed Yousuf Raza Gilani will appear today in person before a special bench of Supreme Court to explain why contempt of court proceedings should not be initiated against him for his failure to implement National Reconciliation Ordinance (NRO
Published 19 Jan, 2012 12:00am
All eyes on Mr Prime Minister

All eyes on Mr Prime Minister

Prime Minister Syed Yousuf Raza Gilani will appear today in person before a special bench of Supreme Court to explain why contempt of court proceedings should not be initiated against him for his failure to implement National Reconciliation Ordinance (NRO
Published 19 Jan, 2012 12:00am
Prime Minister not guilty of contempt: Aitzaz

Prime Minister not guilty of contempt: Aitzaz

No contempt of court proceedings could be initiated against Prime Minister Yousuf Raza Gilani for not writing a letter to the Swiss authorities as the President enjoys immunity under Article 248 and the Vienna Convention, counsel for Prime Minister Chaudh
Published 19 Jan, 2012 12:00am
Prime Minister not guilty of contempt: Aitzaz

Prime Minister not guilty of contempt: Aitzaz

No contempt of court proceedings could be initiated against Prime Minister Yousuf Raza Gilani for not writing a letter to the Swiss authorities as the President enjoys immunity under Article 248 and the Vienna Convention, counsel for Prime Minister Chaudh
Published 19 Jan, 2012 12:00am
PTA signing with Indonesia put off indefinitely

PTA signing with Indonesia put off indefinitely

The signing of Preferential Trade Agreement (PTA) between Pakistan and Indonesia has been put off for an indefinite period due to political uncertainty in the country, well informed sources told Business Recorder. Indonesia is among those countries
Published 19 Jan, 2012 12:00am
PTA signing with Indonesia put off indefinitely

PTA signing with Indonesia put off indefinitely

The signing of Preferential Trade Agreement (PTA) between Pakistan and Indonesia has been put off for an indefinite period due to political uncertainty in the country, well informed sources told Business Recorder. Indonesia is among those countries
Published 19 Jan, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
PTA signing with Indonesia put off indefinitely

PTA signing with Indonesia put off indefinitely

The signing of Preferential Trade Agreement (PTA) between Pakistan and Indonesia has been put off for an indefinite period due to political uncertainty in the country, well informed sources told Business Recorder. Indonesia is among those countries
Published 19 Jan, 2012 12:00am
Russia defies West on Iran, Syria crises

Russia defies West on Iran, Syria crises

Russia on Wednesday insisted it would not back sanctions on Syria and accused the West of suffocating the Iranian economy as it warned against military intervention targeting either regime. Foreign Minister Sergei Lavrov indicated that Russia was prepared
Published 19 Jan, 2012 12:00am
Russia defies West on Iran, Syria crises

Russia defies West on Iran, Syria crises

Russia on Wednesday insisted it would not back sanctions on Syria and accused the West of suffocating the Iranian economy as it warned against military intervention targeting either regime. Foreign Minister Sergei Lavrov indicated that Russia was prepared
Published 19 Jan, 2012 12:00am
EU agree in principle to sanction Iran central bank

EU agree in principle to sanction Iran central bank

European Union governments have agreed in principle to freeze the assets of Iran's central bank alongside a planned embargo on the Opec producer's crude, but have yet to agree how to protect non-oil trade from sanctions, EU diplomats said on Wednesday.
Published 19 Jan, 2012 12:00am
EU agree in principle to sanction Iran central bank

EU agree in principle to sanction Iran central bank

European Union governments have agreed in principle to freeze the assets of Iran's central bank alongside a planned embargo on the Opec producer's crude, but have yet to agree how to protect non-oil trade from sanctions, EU diplomats said on Wednesday.
Published 19 Jan, 2012 12:00am
EU agree in principle to sanction Iran central bank

EU agree in principle to sanction Iran central bank

European Union governments have agreed in principle to freeze the assets of Iran''s central bank alongside a planned embargo on the Opec producer''s crude, but have yet to agree how to protect non-oil trade from sanctions, EU diplomats said on Wednesday.
Published 19 Jan, 2012 12:00am
Bulls rule stock market

Bulls rule stock market

A bullish trend continued on the Karachi share market on Wednesday and the benchmark KSE-100 index surged by massive 242.56 points to close at 11,547.72 level on the back of across the board buying mainly by local investors and institutions despite foreig
Published 19 Jan, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
Bulls rule stock market

Bulls rule stock market

A bullish trend continued on the Karachi share market on Wednesday and the benchmark KSE-100 index surged by massive 242.56 points to close at 11,547.72 level on the back of across the board buying mainly by local investors and institutions despite foreig
Published 19 Jan, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
Bulls rule stock market

Bulls rule stock market

A bullish trend continued on the Karachi share market on Wednesday and the benchmark KSE-100 index surged by massive 242.56 points to close at 11,547.72 level on the back of across the board buying mainly by local investors and institutions despite foreig
Published 19 Jan, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
BRIndex30 up by 157.82 points

BRIndex30 up by 157.82 points

On Wed-nesday, BRIndex30 opened at 8,524.27 and remained positive throughout the trading session. It touched an intraday high of 8,698.46 and an intraday low of 8,551.56 and closed at 8,682.09 which was 157.82 points or 1.85 percent higher than previous c
Published 19 Jan, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
BRIndex30 up by 157.82 points

BRIndex30 up by 157.82 points

On Wed-nesday, BRIndex30 opened at 8,524.27 and remained positive throughout the trading session. It touched an intraday high of 8,698.46 and an intraday low of 8,551.56 and closed at 8,682.09 which was 157.82 points or 1.85 percent higher than previous c
Published 19 Jan, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
Ogra acting chief Sabir resigns

Ogra acting chief Sabir resigns

The acting Chairman of Oil and Gas Regulatory Authority (Ogra) Sabir Hussain has resigned. According to sources in Ogra, Sabir Hussain, former Director General (DG) Oil Ministry of Petroleum, was appointed as Member Oil in the authority after his retireme
Published 19 Jan, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Wednesday (January 18, 2012).

Published 19 Jan, 2012 12:00am
Ogra acting chief Sabir resigns

Ogra acting chief Sabir resigns

The acting Chairman of Oil and Gas Regulatory Authority (Ogra) Sabir Hussain has resigned. According to sources in Ogra, Sabir Hussain, former Director General (DG) Oil Ministry of Petroleum, was appointed as Member Oil in the authority after his retireme
Published 19 Jan, 2012 12:00am
Ogra acting chief Sabir resigns

Ogra acting chief Sabir resigns

The acting Chairman of Oil and Gas Regulatory Authority (Ogra) Sabir Hussain has resigned. According to sources in Ogra, Sabir Hussain, former Director General (DG) Oil Ministry of Petroleum, was appointed as Member Oil in the authority after his retireme
Published 19 Jan, 2012 12:00am
World Bank spells out reasons behind weak growth

World Bank spells out reasons behind weak growth

The World Bank has said that Pakistan's weak growth during a particular period is the result of the worsening security conditions, accompanied by political uncertainty and a breakdown in policy implementation. The World Bank report titled 'Global Economic
Published 19 Jan, 2012 12:00am
World Bank spells out reasons behind weak growth

World Bank spells out reasons behind weak growth

The World Bank has said that Pakistan's weak growth during a particular period is the result of the worsening security conditions, accompanied by political uncertainty and a breakdown in policy implementation. The World Bank report titled 'Global Economic
Published 19 Jan, 2012 12:00am
World Bank spells out reasons behind weak growth

World Bank spells out reasons behind weak growth

The World Bank has said that Pakistan''s weak growth during a particular period is the result of the worsening security conditions, accompanied by political uncertainty and a breakdown in policy implementation. The World Bank report titled ''Global Econom
Published 19 Jan, 2012 12:00am
IMF seeks $600 billion more in funds; G20 to discuss

IMF seeks $600 billion more in funds; G20 to discuss

The International Monetary Fund is seeking to boost its war chest by $600 billion to help countries reeling from the euro zone debt crisis, but some nations insist that Europe must first do more to support its ailing members, international financial sourc
Published 19 Jan, 2012 12:00am
IMF seeks $600 billion more in funds; G20 to discuss

IMF seeks $600 billion more in funds; G20 to discuss

The International Monetary Fund is seeking to boost its war chest by $600 billion to help countries reeling from the euro zone debt crisis, but some nations insist that Europe must first do more to support its ailing members, international financial sourc
Published 19 Jan, 2012 12:00am
IMF seeks $600 billion more in funds; G20 to discuss

IMF seeks $600 billion more in funds; G20 to discuss

The International Monetary Fund is seeking to boost its war chest by $600 billion to help countries reeling from the euro zone debt crisis, but some nations insist that Europe must first do more to support its ailing members, international financial sourc
Published 19 Jan, 2012 12:00am
Power system, barrage: ADB to provide $513 million loan

Power system, barrage: ADB to provide $513 million loan

The Asian Development Bank (ADB) will provide a $513 million loan to Pakistan of which $270 million will be for building Khanki Barrage at a new location on River Chenab and the remaining $243 million for improving the country's power transmission infrast
Published 19 Jan, 2012 12:00am
Power system, barrage: ADB to provide $513 million loan

Power system, barrage: ADB to provide $513 million loan

The Asian Development Bank (ADB) will provide a $513 million loan to Pakistan of which $270 million will be for building Khanki Barrage at a new location on River Chenab and the remaining $243 million for improving the country's power transmission infrast
Published 19 Jan, 2012 12:00am
Power system, barrage: ADB to provide $513 million loan

Power system, barrage: ADB to provide $513 million loan

The Asian Development Bank (ADB) will provide a $513 million loan to Pakistan of which $270 million will be for building Khanki Barrage at a new location on River Chenab and the remaining $243 million for improving the country''s power transmission infras
Published 19 Jan, 2012 12:00am
Power system, barrage: ADB to provide $513 million loan

Power system, barrage: ADB to provide $513 million loan

The Asian Development Bank (ADB) will provide a $513 million loan to Pakistan of which $270 million will be for building Khanki Barrage at a new location on River Chenab and the remaining $243 million for improving the country''''s power transmission infr
Published 19 Jan, 2012 12:00am
Al Qaeda-linked magazine delivered to Guantanamo

Al Qaeda-linked magazine delivered to Guantanamo

A copy of an al Qaeda-linked magazine was delivered to the Guantanamo detention camp for suspected terrorists, a military prosecutor revealed on Wednesday during a court discussion of mail security. The camp commander, Rear Admiral David Woods, issued ord
Published 19 Jan, 2012 12:00am
Blast hits oil pipeline in Colombia

Blast hits oil pipeline in Colombia

Unknown attackers blew up a section of an oil pipeline in north-east Colombia near the Venezuelan border, the company Petronorte said Wednesday. "We cannot say who did this but we know it was an attack, an explosion" at the Rio Zulia-Ayacucho pipeline, Pe
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
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
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
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

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
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
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
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (January 18, 2012) and for Thursday (January 19, 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
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
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
LME official prices

LME official prices

The following were Tuesday official prices.

Published 19 Jan, 2012 12:00am