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Print - 2012-01-31
Cotton crop management programme issued to DOAs

Cotton crop management programme issued to DOAs

The Punjab Agriculture Department (PAD) has issued a cotton crop management programme to its District Officers Agriculture (DOAs) urging the field functionaries to work hard for the next crop. According to a letter issued to the DOAs, cotton crop for 2011
Published 31 Jan, 2012 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (January 30, 2012).

Published 31 Jan, 2012 12:00am
Rahul Gandhi's website shows Kashmir part of Pakistan

Rahul Gandhi's website shows Kashmir part of Pakistan

Screenshots of a website, registered in the name of Indian Congress General Secretary, Rahul Gandhi, with a map showing Jammu and Kashmir as part of Pakistan is doing rounds on social networking sites, including Facebook. A map on the homepage of website,
Published 31 Jan, 2012 12:00am
India, Pakistan dealing with intense issue of corruption: Imran

India, Pakistan dealing with intense issue of corruption: Imran

Visiting Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan said here that both "India and Pakistan are dealing with intense issue of corruption, but, to remove it, first Prime Minister and his Cabinet must be accountable," India Blooms news service report
Published 31 Jan, 2012 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (January 30, 2012).

Published 31 Jan, 2012 12:00am
Pakistan Post pays tribute to Arfa Kareem

Pakistan Post pays tribute to Arfa Kareem

Pakistan Post will issue the commemorative postage stamp on February 2, to pay tribute to Arfa Kareem the youngest Microsoft Certified Professional (MCP). In this regard Pakistan Post will organise a grand ceremony, parents of Arfa Kareem likely to attend
Published 31 Jan, 2012 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (January 30, 2012).

Published 31 Jan, 2012 12:00am
EAD, NJHPC sign accord to make $40 million Kuwaiti loan effective

EAD, NJHPC sign accord to make $40 million Kuwaiti loan effective

The Economic Affairs Division (EAD) and Neelum Jhelum Hydropower Project Company (NJHPC), on Monday signed Subsidiary Loan Agreement that was a legal requirement to make the loan agreement between Kuwait and Pakistan effective.
Published 31 Jan, 2012 12:00am
Sugar mills in Ghotki: Sepa to form committee for monitoring

Sugar mills in Ghotki: Sepa to form committee for monitoring

Sindh Environment department would form a committee to monitor the sugar mills situated in Ghotki town and its adjoining areas, Business Recorder has learnt on Monday. Provincial Environment Minister has issued directives for constitution of the co
Published 31 Jan, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (January 30, 2012).

Published 31 Jan, 2012 12:00am
Snow over hills, rainfall likely

Snow over hills, rainfall likely

The met office on Monday forecast rain with snowfall over the hills of Malakand and Hazara divisions and Gilgit-Baltistan/Kashmir in the next 24 hours. It says rain/snow is likely at few places of Quetta, Zhob and Kalat divisions on Monday night. However,
Published 31 Jan, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (January 30, 2012).

Published 31 Jan, 2012 12:00am
Sectarian violence scales down 50 percent trade activities

Sectarian violence scales down 50 percent trade activities

A renewed wave of sectarian violence has scaled down trade and business activities by nearly 50 percent during the last one week, as traders fear the breaking of the just-established peace in the metropolis could yield disastrous results for the national
Published 31 Jan, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (January 30, 2012).

Published 31 Jan, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (January 30, 2012).

Published 31 Jan, 2012 12:00am
Banned outfit Ameer killed in suicide attack

Banned outfit Ameer killed in suicide attack

Three persons including Ameer of banned Tanzim Ansarul Islam and his son-in-law was killed and seven injured in a suicide attack at Pakha Ghulam, an adjacent area of Peshawar city, here Monday evening. Talking to media, District Co-ordination Officer, Sir
Published 31 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 Monday (January 30, 2012).

Published 31 Jan, 2012 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 20th January, 2012.

Published 31 Jan, 2012 12:00am
ST collection at import stage up by 24.8 percent

ST collection at import stage up by 24.8 percent

The collection of sales tax at import stage has registered an increase of 24.8 percent during 2010-11 after increase in the sales tax rate by one percentage point from 16 to 17 percent. The FBR's quarterly report issued here on Monday said that the sales
Published 31 Jan, 2012 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 20th January, 2012.

Published 31 Jan, 2012 12:00am
Sugar sector: ST collection shows decrease of 22.4 percent in 2010-11

Sugar sector: ST collection shows decrease of 22.4 percent in 2010-11

Sales tax collection from sugar sector has shown a decrease of 22.4 percent during 2010-2011 against the corresponding period of last fiscal year. An FBR report released here on Monday revealed that the sales tax collection at local stage was limited to f
Published 31 Jan, 2012 12:00am
USC to open 2,000 new stores

USC to open 2,000 new stores

Utility Stores Corporation (USC) decided to add 2,000 new stores in its network across the country to provide maximum relief to the people especially poor segment of the society. "We have a plan to open mega stores and out of 2,000 new stores, maximum num
Published 31 Jan, 2012 12:00am
World Wetland Day on Thursday

World Wetland Day on Thursday

World Wetland Day will be marked across the world including Pakistan on February, 2 with special focus to sustain and restore wetlands and their resources for people and biodiversity. The World Wetlands Day celebrations will focus on the theme 'Wetland an
Published 31 Jan, 2012 12:00am
Jordan hikes power prices as Egypt gas disrupted

Jordan hikes power prices as Egypt gas disrupted

Jordan will raise electricity prices as of next month to cover the rising burden of imported fuel costs after loss of regular Egyptian gas supplies, officials said on Monday. Jordan''s total imported energy bill has jumped by at least 60 percent last year
Published 31 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 30, 2012).

Published 31 Jan, 2012 12:00am
Jordan hikes power prices as Egypt gas disrupted

Jordan hikes power prices as Egypt gas disrupted

Jordan will raise electricity prices as of next month to cover the rising burden of imported fuel costs after loss of regular Egyptian gas supplies, officials said on Monday. Jordan's total imported energy bill has jumped by at least 60 percent last year
Published 31 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 30, 2012).

Published 31 Jan, 2012 12:00am
Jordan hikes power prices as Egypt gas disrupted

Jordan hikes power prices as Egypt gas disrupted

Jordan will raise electricity prices as of next month to cover the rising burden of imported fuel costs after loss of regular Egyptian gas supplies, officials said on Monday. Jordan's total imported energy bill has jumped by at least 60 percent last year
Published 31 Jan, 2012 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

Downward trend was seen on the currency market on Monday as the rupee drifted lower against dollar in process of trading, dealers said. Higher demand for dollars pulled the rupee down, losing 23 for paise buying at 90.35 and 22 paisa for selling at 90.37,
Published 31 Jan, 2012 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

Downward trend was seen on the currency market on Monday as the rupee drifted lower against dollar in process of trading, dealers said. Higher demand for dollars pulled the rupee down, losing 23 for paise buying at 90.35 and 22 paisa for selling at 90.37,
Published 31 Jan, 2012 12:00am
Drug reaction: Chief Justice takes suo motu notice of deaths in Punjab

Drug reaction: Chief Justice takes suo motu notice of deaths in Punjab

Chief Justice Iftikhar Muhammad Chaudhry took notice on a note initiated by Justice Tassaduq Hussain Jillani, Judge Supreme Court of Pakistan regarding the news of the death of more than 90 heart patients under treatment in the Punjab Institute of Cardiol
Published 31 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (January 30, 2012).

Published 31 Jan, 2012 12:00am
Drug reaction: Chief Justice takes suo motu notice of deaths in Punjab

Drug reaction: Chief Justice takes suo motu notice of deaths in Punjab

Chief Justice Iftikhar Muhammad Chaudhry took notice on a note initiated by Justice Tassaduq Hussain Jillani, Judge Supreme Court of Pakistan regarding the news of the death of more than 90 heart patients under treatment in the Punjab Institute of Cardiol
Published 31 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (January 30, 2012).

Published 31 Jan, 2012 12:00am
Trade, investment promotion: SBP, ICIEC sign MoU

Trade, investment promotion: SBP, ICIEC sign MoU

The State Bank of Pakistan and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IDB) Group, on Monday signed a Memorandum of Understanding (MoU) to cooperate in promoting trade an
Published 31 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (January 30, 2012).

Published 31 Jan, 2012 12:00am
Trade, investment promotion: SBP, ICIEC sign MoU

Trade, investment promotion: SBP, ICIEC sign MoU

The State Bank of Pakistan and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IDB) Group, on Monday signed a Memorandum of Understanding (MoU) to cooperate in promoting trade an
Published 31 Jan, 2012 12:00am
Trade, investment promotion: SBP, ICIEC sign MoU

Trade, investment promotion: SBP, ICIEC sign MoU

The State Bank of Pakistan and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IDB) Group, on Monday signed a Memorandum of Understanding (MoU) to cooperate in promoting trade an
Published 31 Jan, 2012 12:00am
Railways yet to get promised Rs 6.1 billion

Railways yet to get promised Rs 6.1 billion

The Finance Ministry has yet to release Rs 6.1 billion to the Railway Ministry for rehabilitation of locomotives, a month after it agreed to inject the amount, which is further deepening the ongoing crisis in Railways. Talking to Business Recorder, Ghulam
Published 31 Jan, 2012 12:00am
Railways yet to get promised Rs 6.1 billion

Railways yet to get promised Rs 6.1 billion

The Finance Ministry has yet to release Rs 6.1 billion to the Railway Ministry for rehabilitation of locomotives, a month after it agreed to inject the amount, which is further deepening the ongoing crisis in Railways. Talking to Business Recorder, Ghulam
Published 31 Jan, 2012 12:00am
Railways yet to get promised Rs 6.1 billion

Railways yet to get promised Rs 6.1 billion

The Finance Ministry has yet to release Rs 6.1 billion to the Railway Ministry for rehabilitation of locomotives, a month after it agreed to inject the amount, which is further deepening the ongoing crisis in Railways. Talking to Business Recorder, Ghulam
Published 31 Jan, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 Jan, 2012 12:00am
Will Pasha get another extension?

Will Pasha get another extension?

"The post of DG ISI falls within the purview of the Civil Services Act and all rules which run the civil bureaucracy apply to the selection of DG," a lawyer who deals with all matters relating to government servants stated. The Prime Minister, he said, ha
Published 31 Jan, 2012 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 31 Jan, 2012 12:00am
Will Pasha get another extension?

Will Pasha get another extension?

"The post of DG ISI falls within the purview of the Civil Services Act and all rules which run the civil bureaucracy apply to the selection of DG," a lawyer who deals with all matters relating to government servants stated. The Prime Minister, he said, ha
Published 31 Jan, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 Jan, 2012 12:00am
Libya''s finances ''precarious'': IMF

Libya''s finances ''precarious'': IMF

Libya''s financial situation remains precarious despite the end of fighting and the resumption of oil exports, the International Monetary Fund said Monday. But the IMF said the country''s economy "could recover quickly" as the security situation eases, af
Published 31 Jan, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 31 Jan, 2012 12:00am
Libya's finances 'precarious': IMF

Libya's finances 'precarious': IMF

Libya's financial situation remains precarious despite the end of fighting and the resumption of oil exports, the International Monetary Fund said Monday. But the IMF said the country's economy "could recover quickly" as the security situation eases, afte
Published 31 Jan, 2012 12:00am
Libya's finances 'precarious': IMF

Libya's finances 'precarious': IMF

Libya's financial situation remains precarious despite the end of fighting and the resumption of oil exports, the International Monetary Fund said Monday. But the IMF said the country's economy "could recover quickly" as the security situation eases, afte
Published 31 Jan, 2012 12:00am
Gingrich stays on attack in Florida with one day left

Gingrich stays on attack in Florida with one day left

US Republican Newt Gingrich scrambled to revive his fading hopes in Florida on Monday, lashing out at rival Mitt Romney as a liberal party insider the day before the state's crucial presidential primary. Polls showed Romney with a commanding lead in the s
Published 31 Jan, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 31 Jan, 2012 12:00am
Gingrich stays on attack in Florida with one day left

Gingrich stays on attack in Florida with one day left

US Republican Newt Gingrich scrambled to revive his fading hopes in Florida on Monday, lashing out at rival Mitt Romney as a liberal party insider the day before the state's crucial presidential primary. Polls showed Romney with a commanding lead in the s
Published 31 Jan, 2012 12:00am
Yazaki to pay $470 million in US price-fixing case

Yazaki to pay $470 million in US price-fixing case

Japanese auto parts supplier Yazaki will pay $470 million for price-fixing, the second-largest US criminal antitrust fine in history, the Justice Department said Monday. Yazaki and another Japanese firm, Denso, have agreed to plead guilty for price-fixing
Published 31 Jan, 2012 12:00am
Yazaki to pay $470 million in US price-fixing case

Yazaki to pay $470 million in US price-fixing case

Japanese auto parts supplier Yazaki will pay $470 million for price-fixing, the second-largest US criminal antitrust fine in history, the Justice Department said Monday. Yazaki and another Japanese firm, Denso, have agreed to plead guilty for price-fixing
Published 31 Jan, 2012 12:00am
Yazaki to pay $470 million in US price-fixing case

Yazaki to pay $470 million in US price-fixing case

Japanese auto parts supplier Yazaki will pay $470 million for price-fixing, the second-largest US criminal antitrust fine in history, the Justice Department said Monday. Yazaki and another Japanese firm, Denso, have agreed to plead guilty for price-fixing
Published 31 Jan, 2012 12:00am
TCP has paid only Rs 3.65 billion to sugar mills

TCP has paid only Rs 3.65 billion to sugar mills

The Trading Corporation of Pakistan (TCP) has cleared only Rs 3.65 billion of sugar mills against an amount of Rs 17.5 billion, official sources told Business Recorder. TCP has procured 3,78,000 tons of sugar from mills on the directives of Federal
Published 31 Jan, 2012 12:00am
TCP has paid only Rs 3.65 billion to sugar mills

TCP has paid only Rs 3.65 billion to sugar mills

The Trading Corporation of Pakistan (TCP) has cleared only Rs 3.65 billion of sugar mills against an amount of Rs 17.5 billion, official sources told Business Recorder. TCP has procured 3,78,000 tons of sugar from mills on the directives of Federal
Published 31 Jan, 2012 12:00am
TCP has paid only Rs 3.65 billion to sugar mills

TCP has paid only Rs 3.65 billion to sugar mills

The Trading Corporation of Pakistan (TCP) has cleared only Rs 3.65 billion of sugar mills against an amount of Rs 17.5 billion, official sources told Business Recorder. TCP has procured 3,78,000 tons of sugar from mills on the directives of Federal
Published 31 Jan, 2012 12:00am
China exports broke trade rules: WTO body

China exports broke trade rules: WTO body

The World Trade Organisation on Monday upheld its ruling that Chinese restrictions on key raw material exports broke trade rules following an appeal by Beijing. China must bring its duty and export quota measures on elements including magnesium and zinc i
Published 31 Jan, 2012 12:00am
China exports broke trade rules: WTO body

China exports broke trade rules: WTO body

The World Trade Organisation on Monday upheld its ruling that Chinese restrictions on key raw material exports broke trade rules following an appeal by Beijing. China must bring its duty and export quota measures on elements including magnesium and zinc i
Published 31 Jan, 2012 12:00am
China exports broke trade rules: WTO body

China exports broke trade rules: WTO body

The World Trade Organisation on Monday upheld its ruling that Chinese restrictions on key raw material exports broke trade rules following an appeal by Beijing. China must bring its duty and export quota measures on elements including magnesium and zinc i
Published 31 Jan, 2012 12:00am
Turkey will not block Iran oil imports

Turkey will not block Iran oil imports

Turkey will not bar Iran oil imports unless sanctions are imposed by the United Nations, an Energy Ministry spokesman told dpa Monday. "We are not bound by EU or US decisions, so we will only block Iranian oil imports if the UN decides to impose such sanc
Published 31 Jan, 2012 12:00am
Turkey will not block Iran oil imports

Turkey will not block Iran oil imports

Turkey will not bar Iran oil imports unless sanctions are imposed by the United Nations, an Energy Ministry spokesman told dpa Monday. "We are not bound by EU or US decisions, so we will only block Iranian oil imports if the UN decides to impose such sanc
Published 31 Jan, 2012 12:00am
Turkey will not block Iran oil imports

Turkey will not block Iran oil imports

Turkey will not bar Iran oil imports unless sanctions are imposed by the United Nations, an Energy Ministry spokesman told dpa Monday. "We are not bound by EU or US decisions, so we will only block Iranian oil imports if the UN decides to impose such sanc
Published 31 Jan, 2012 12:00am
Three MQM men gunned down

Three MQM men gunned down

Three activists of Muttahida Qaumi Movement (MQM) were gunned down while two others injured in a drive-by shooting near Power House in the limits of Bilal Colony police station on Monday. According to police, the incident took place in Sector 5-D, near Po
Published 31 Jan, 2012 12:00am