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Print - 2012-02-11
Manifold increase in tractor sales after reduction in GST

Manifold increase in tractor sales after reduction in GST

The tractor sales have increased manifold after reduction of general sales tax (GST) from 16 percent to 5 percent last month, which has made the tractors cheaper by Rs 60,000 to Rs 145,750 according to model and horse power of the tractor, industry source
Published 11 Feb, 2012 12:00am
Manifold increase in tractor sales after reduction in GST

Manifold increase in tractor sales after reduction in GST

The tractor sales have increased manifold after reduction of general sales tax (GST) from 16 percent to 5 percent last month, which has made the tractors cheaper by Rs 60,000 to Rs 145,750 according to model and horse power of the tractor, industry source
Published 11 Feb, 2012 12:00am
USAID-DRDF dairy project: Certificates awarded to 24 master trainers

USAID-DRDF dairy project: Certificates awarded to 24 master trainers

University of Veterinary and Animal Sciences (UVAS) and Dairy and Rural Development Foundation (DRDF) arranged training of 24 master trainers under a project of the DRDF aimed at fostering sustainable increase in dairy and livestock productivity through a
Published 11 Feb, 2012 12:00am
Passport, BISP offices to be operational shortly

Passport, BISP offices to be operational shortly

People belonging to various walks of life have hailed the hectic efforts of Federal Minister for Information and Broadcasting Dr Firdous Ashiq Awan for banishing the backwardness from ignored villages and to provide basic facilities to the dwellers on the
Published 11 Feb, 2012 12:00am
Economic independence a must to empower women: Fizza

Economic independence a must to empower women: Fizza

Honorary Goodwill Ambassador for Women Empowerment Fizza Batool Gilani here on Friday said that women's political empowerment was only possible if they were economically independent. "The government has made a lot of key interventions for the economic emp
Published 11 Feb, 2012 12:00am
FROM A RINGSIDE SEAT: Is yawning a privilege?

FROM A RINGSIDE SEAT: Is yawning a privilege?

The members of parliament can be seen rubbing their eyes and yawning hugely during the assembly sessions in parliament. For them, yawning is a privilege that's hard to win and easy to drift into. Plush seats, central heating cool environment and droning v
Published 11 Feb, 2012 12:00am
Hajj policy case: LHC adjourns hearing to February 27

Hajj policy case: LHC adjourns hearing to February 27

The Lahore High Court (LHC) on Friday adjourned case to February 27 against the federal government and religious ministry for not announcing Hajj policy of 2012, as law officer's petition sought time to submit reply. The petitioner, a bar member, Azhar Sa
Published 11 Feb, 2012 12:00am
Petition against power outages: LHC adjourns hearing till March 6

Petition against power outages: LHC adjourns hearing till March 6

The Chief Justice Lahore High Court on Friday adjourned to March 6 the proceedings in a petition against power outages as law officer informed the court that the loadshedding had been ended as government had made payments to power supplying companies.
Published 11 Feb, 2012 12:00am
Parliamentarians concerned over law, order situation

Parliamentarians concerned over law, order situation

Balochistan Parliamentarians on Friday expressed grave concern over the law and order situation in Balochistan in the National Assembly and urged Prime Minister Syed Yousuf Raza Gilani to respond to this situation. The Prime Minister was seated in the Hou
Published 11 Feb, 2012 12:00am
Malik sees a big conspiracy aimed at secession of Balochistan

Malik sees a big conspiracy aimed at secession of Balochistan

Interior Minister Rehman Malik on Friday smelt a big conspiracy aimed at secession of Balochistan, urging all segments of the society to help government defeat the move. He stated this during question hour in Senate, while responding to queries of the Sen
Published 11 Feb, 2012 12:00am
Punjab announces policy to regulate rallies on Mall Road

Punjab announces policy to regulate rallies on Mall Road

The Punjab government on Friday announced a policy to restrict and regulate rallies, processions and demonstrations on Mall Road (Shahrah-e-Quaid-e-Azam) to avoid suspension of business activities.
Published 11 Feb, 2012 12:00am
Dr Qureshi's services for Kashmiris eulogised

Dr Qureshi's services for Kashmiris eulogised

Punjab University Department of Kashmir Studies organised a condolence reference in memory of Chairman Dr Muhammad Ashraf Qureshi. A large number of faculty members and students attended the meeting. Addressing the meeting, the faculty members highly eulo
Published 11 Feb, 2012 12:00am
The Weather

The Weather

The weather report on Friday (February 10, 2012) and the forecast for Saturday (February 11, 2012).

Published 11 Feb, 2012 12:00am
Sugar hoarding: LHC directs petitioner to submit rejoinder to TCP

Sugar hoarding: LHC directs petitioner to submit rejoinder to TCP

Chief Justice, Lahore High Court, Sheikh Azmat Saeed, on Friday adjourned the proceedings, in a petition filed against black marketing, profiteering and hoarding of sugar, to February 27 and directed the petitioner to submit his rejoinder to a reply of Tr
Published 11 Feb, 2012 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on February 07, 2012.

Published 11 Feb, 2012 12:00am
PPP respects judiciary: minister

PPP respects judiciary: minister

Federal Defence Minister Chaudhry Ahmad Mukhtar said on Friday that Pakistan Peoples Party (PPP) respects judiciary. Speaking to the media representatives at Lahore Airport, Mukhtar said that the PPP leadership was not afraid of courts. According to him,
Published 11 Feb, 2012 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on February 07, 2012.

Published 11 Feb, 2012 12:00am
DCO for special efforts towards dengue challenge

DCO for special efforts towards dengue challenge

District Coordina-tion Officer Lahore Ahad Khan Cheema has directed the concerned officers to pay special attention to vector surveillance for effective control of dengue. He further said that in accordance with the action plan, all necessary arrangements
Published 11 Feb, 2012 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on February 07, 2012.

Published 11 Feb, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (February 10, 2012).

Published 11 Feb, 2012 12:00am
Shahbaz promises to continue with projects for the poor

Shahbaz promises to continue with projects for the poor

Punjab Chief Minister, Muhammad Shahbaz Sharif has said that it is his promise to the nation that he will continue to strive for the welfare and betterment of the common man till his last breath and will set-up housing schemes equipped with modern facilit
Published 11 Feb, 2012 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 11 Feb, 2012 12:00am
PDMA for arrangements to deal with dengue virus

PDMA for arrangements to deal with dengue virus

Provincial Disaster Management Authority (PDMA) has asked all the departments to make necessary arrangements and also be ready to cope with the dengue virus in coming season. Director General PDMA, Khalid Sherdil said here on Friday that according to Mete
Published 11 Feb, 2012 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 11 Feb, 2012 12:00am
2003 Mumbai bombings: Indian court upholds death penalties for three

2003 Mumbai bombings: Indian court upholds death penalties for three

An Indian court on Friday upheld the death penalties for three people convicted for the Mumbai twin bombings in 2003 that killed 52. Judges AM Khanvilkar and PD Kode of the Bombay High Court upheld the verdict by a court that also found the three guilty o
Published 11 Feb, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (February 10, 2012).

Published 11 Feb, 2012 12:00am
Court hears appeal for Dr Aafia

Court hears appeal for Dr Aafia

Lawyers for a scientist serving an 86 year prison sentence for shooting at US soldiers in Afghanistan told an appeals court Friday that she was so mentally ill, she should have been barred from testifying at her own trial.
Published 11 Feb, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (February 10, 2012) and for Saturday (February 11, 2012).
Published 11 Feb, 2012 12:00am
Court hears appeal for Dr Aafia

Court hears appeal for Dr Aafia

Lawyers for a scientist serving an 86 year prison sentence for shooting at US soldiers in Afghanistan told an appeals court Friday that she was so mentally ill, she should have been barred from testifying at her own trial.
Published 11 Feb, 2012 12:00am
Remittances rise 21.54 percent in seven months

Remittances rise 21.54 percent in seven months

Overseas Pakistani workers remitted an amount of dollars 7.436 billion in the first seven months (July 2011 - January 2012) of the current fiscal year, showing an impressive growth of 21.54 percent or dollars 1.318 billion when compared with dollars 6.118
Published 11 Feb, 2012 12:00am
Remittances rise 21.54 percent in seven months

Remittances rise 21.54 percent in seven months

Overseas Pakistani workers remitted an amount of dollars 7.436 billion in the first seven months (July 2011 - January 2012) of the current fiscal year, showing an impressive growth of 21.54 percent or dollars 1.318 billion when compared with dollars 6.118
Published 11 Feb, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (February 10, 2012).

Published 11 Feb, 2012 12:00am
Remittances rise 21.54 percent in seven months

Remittances rise 21.54 percent in seven months

Overseas Pakistani workers remitted an amount of dollars 7.436 billion in the first seven months (July 2011 - January 2012) of the current fiscal year, showing an impressive growth of 21.54 percent or dollars 1.318 billion when compared with dollars 6.118
Published 11 Feb, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 10, 2012).

Published 11 Feb, 2012 12:00am
Tax discrepancies to the tune of Rs 1.5 billion detected

Tax discrepancies to the tune of Rs 1.5 billion detected

Directorate General Intelligence and Investigation (DGI&I) of Federal Board of Revenue (FBR), Karachi has detected tax discrepancies to the tune of Rs 1.5 billion, approximately in the ledgers of 213 registered units. According to sources, the action was
Published 11 Feb, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 10, 2012).

Published 11 Feb, 2012 12:00am
Tax discrepancies to the tune of Rs 1.5 billion detected

Tax discrepancies to the tune of Rs 1.5 billion detected

Directorate General Intelligence and Investigation (DGI&I) of Federal Board of Revenue (FBR), Karachi has detected tax discrepancies to the tune of Rs 1.5 billion, approximately in the ledgers of 213 registered units. According to sources, the action was
Published 11 Feb, 2012 12:00am
Tax discrepancies to the tune of Rs 1.5 billion detected

Tax discrepancies to the tune of Rs 1.5 billion detected

Directorate General Intelligence and Investigation (DGI&I) of Federal Board of Revenue (FBR), Karachi has detected tax discrepancies to the tune of Rs 1.5 billion, approximately in the ledgers of 213 registered units. According to sources, the action was
Published 11 Feb, 2012 12:00am
US hedge fund manager charged with insider trading

US hedge fund manager charged with insider trading

A California-based hedge fund manager surrendered to FBI agents on insider-trading charges on Friday, the latest in a series of cases brought by the US government in recent years against money managers and traders. An FBI spokesman said an indictment woul
Published 11 Feb, 2012 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Slight fluctuations were seen on the currency market on Friday in process of trading, dealers said. The rupee shed three paisa for buying at 90.68 while it did not show any change for selling at 90.70, they said.
Published 11 Feb, 2012 12:00am
US hedge fund manager charged with insider trading

US hedge fund manager charged with insider trading

A California-based hedge fund manager surrendered to FBI agents on insider-trading charges on Friday, the latest in a series of cases brought by the US government in recent years against money managers and traders. An FBI spokesman said an indictment woul
Published 11 Feb, 2012 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Slight fluctuations were seen on the currency market on Friday in process of trading, dealers said. The rupee shed three paisa for buying at 90.68 while it did not show any change for selling at 90.70, they said.
Published 11 Feb, 2012 12:00am
US hedge fund manager charged with insider trading

US hedge fund manager charged with insider trading

A California-based hedge fund manager surrendered to FBI agents on insider-trading charges on Friday, the latest in a series of cases brought by the US government in recent years against money managers and traders. An FBI spokesman said an indictment woul
Published 11 Feb, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (February 10, 2012).

Published 11 Feb, 2012 12:00am
Afridi, Younis help Pakistan down Afghanistan

Afridi, Younis help Pakistan down Afghanistan

All-rounder Shahid Afridi took five wickets while Younis Khan and Imran Farhat both hit half-centuries as Pakistan beat Afghanistan by seven wickets in the day-night international here on Friday. Afridi claimed 5-36 as Afghanistan were bowled out for 195
Published 11 Feb, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (February 10, 2012).

Published 11 Feb, 2012 12:00am
Afridi, Younis help Pakistan down Afghanistan

Afridi, Younis help Pakistan down Afghanistan

All-rounder Shahid Afridi took five wickets while Younis Khan and Imran Farhat both hit half-centuries as Pakistan beat Afghanistan by seven wickets in the day-night international here on Friday. Afridi claimed 5-36 as Afghanistan were bowled out for 195
Published 11 Feb, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (February 10, 2012).

Published 11 Feb, 2012 12:00am
90 killed in Syrian violence

90 killed in Syrian violence

At least 90 people were killed in violence across Syria on Friday, including 28 people who were killed in twin suicide bombings which ripped through two security facilities in the hitherto relatively peaceful city of Aleppo. The bombings, in which another
Published 11 Feb, 2012 12:00am
90 killed in Syrian violence

90 killed in Syrian violence

At least 90 people were killed in violence across Syria on Friday, including 28 people who were killed in twin suicide bombings which ripped through two security facilities in the hitherto relatively peaceful city of Aleppo. The bombings, in which another
Published 11 Feb, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (February 10, 2012).

Published 11 Feb, 2012 12:00am
Normalising trade ties with India: MoTI concerned over ''undue haste''

Normalising trade ties with India: MoTI concerned over ''undue haste''

Ministry of Textile Industry (MoTI), has, reportedly joined the club of public and private sector entities expressing concern over the Commerce Ministry''s ''undue haste'' in normalisation of trade ties with India, sources close to Textile Minister, Makhd
Published 11 Feb, 2012 12:00am
Normalising trade ties with India: MoTI concerned over 'undue haste'

Normalising trade ties with India: MoTI concerned over 'undue haste'

Ministry of Textile Industry (MoTI), has, reportedly joined the club of public and private sector entities expressing concern over the Commerce Ministry's 'undue haste' in normalisation of trade ties with India, sources close to Textile Minister, Makhdoom
Published 11 Feb, 2012 12:00am
Normalising trade ties with India: MoTI concerned over 'undue haste'

Normalising trade ties with India: MoTI concerned over 'undue haste'

Ministry of Textile Industry (MoTI), has, reportedly joined the club of public and private sector entities expressing concern over the Commerce Ministry's 'undue haste' in normalisation of trade ties with India, sources close to Textile Minister, Makhdoom
Published 11 Feb, 2012 12:00am
Future of bank benchmark rate under review

Future of bank benchmark rate under review

A global probe into whether banks colluded to set the interest rates at which they borrow money from each other has thrown into question the future of the benchmark they use to price financial products worth an estimated $360 trillion. This intense scruti
Published 11 Feb, 2012 12:00am
Future of bank benchmark rate under review

Future of bank benchmark rate under review

A global probe into whether banks colluded to set the interest rates at which they borrow money from each other has thrown into question the future of the benchmark they use to price financial products worth an estimated $360 trillion. This intense scruti
Published 11 Feb, 2012 12:00am
Future of bank benchmark rate under review

Future of bank benchmark rate under review

A global probe into whether banks colluded to set the interest rates at which they borrow money from each other has thrown into question the future of the benchmark they use to price financial products worth an estimated $360 trillion. This intense scruti
Published 11 Feb, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Feb, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Feb, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 11 Feb, 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 improvement of 5.76 points as the ISE Ten Index moved from 2,692.33
Published 11 Feb, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 Feb, 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 improvement of 5.76 points as the ISE Ten Index moved from 2,692.33
Published 11 Feb, 2012 12:00am
LSE index declines by 2.04 points

LSE index declines by 2.04 points

Bearish sentiments continued to prevail for the second consecutive day on the Lahore Stock Exchange (LSE) on Friday and the equities registered declines amid slightly increased trading turnover. The LSE-25 index was marginally declined by 2.04 points and
Published 11 Feb, 2012 12:00am
LSE index declines by 2.04 points

LSE index declines by 2.04 points

Bearish sentiments continued to prevail for the second consecutive day on the Lahore Stock Exchange (LSE) on Friday and the equities registered declines amid slightly increased trading turnover. The LSE-25 index was marginally declined by 2.04 points and
Published 11 Feb, 2012 12:00am
Ijaz allowed to testify via videoconferencing

Ijaz allowed to testify via videoconferencing

The sixth meeting of the Judicial Commission investigating the Memogate controversy on Friday decided to record Pakistani-American businessman Mansoor Ijaz's statement through a video-link at the Pakistani High Commission in London on February 22. The Com
Published 11 Feb, 2012 12:00am
Ijaz allowed to testify via videoconferencing

Ijaz allowed to testify via videoconferencing

The sixth meeting of the Judicial Commission investigating the Memogate controversy on Friday decided to record Pakistani-American businessman Mansoor Ijaz's statement through a video-link at the Pakistani High Commission in London on February 22. The Com
Published 11 Feb, 2012 12:00am
'We're sorry Aitzaz': CJP

'We're sorry Aitzaz': CJP

The Supreme Court Friday rejected Prime Minister Syed Yousuf Raza Gilani's Intra-Court Appeal with remarks "we are sorry Aitzaz" by the Chief Justice as the court announced its order. An 8-member bench led by Chief Justice Iftikhar Muhammad Chaudhry was h
Published 11 Feb, 2012 12:00am
'We're sorry Aitzaz': CJP

'We're sorry Aitzaz': CJP

The Supreme Court Friday rejected Prime Minister Syed Yousuf Raza Gilani's Intra-Court Appeal with remarks "we are sorry Aitzaz" by the Chief Justice as the court announced its order. An 8-member bench led by Chief Justice Iftikhar Muhammad Chaudhry was h
Published 11 Feb, 2012 12:00am
Policy rate may be kept unchanged: Yaseen to unveil MPS today

Policy rate may be kept unchanged: Yaseen to unveil MPS today

State Bank of Pakistan Governor Yaseen Anwar will unveil Monetary Policy Statement for next two months on Saturday (today). Analysts said that in the current economic condition, when the reserves are on a decline, inflation and current account deficit are
Published 11 Feb, 2012 12:00am
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