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Print - 2012-02-25
Jamat-ud-Dawa rejects Obama's apology

Jamat-ud-Dawa rejects Obama's apology

Jamat-ud-Dawa on Friday rejected the US President's apology to the Muslim world after his soldiers had set the Holy Qura'n on fire in Afghanistan, saying it was just a political gimmick. Hundreds of protestors demanded of the Pakistani government to perma
Published 25 Feb, 2012 12:00am
PTI considering launching campaign outside Pakistan

PTI considering launching campaign outside Pakistan

After successful public rallies in major cities of the country, Pakistan Tehrik-e-Insaf (PTI) is considering to launch campaign outside Pakistan to win support of overseas Pakistanis who want to cast their vote in general elections. After the Election Com
Published 25 Feb, 2012 12:00am
Notices against issuance of fake arm licenses served

Notices against issuance of fake arm licenses served

The Lahore High Court (LHC) here on Friday issued notices to District Co-ordination Officer M B Din, Additional Collector and clerk maintaining arms license list for April 18 in a petition filed against issuance of fake arm licenses. The court observed th
Published 25 Feb, 2012 12:00am
Chaklala, Taxila, Mirpur: capacity of power grid stations enhanced

Chaklala, Taxila, Mirpur: capacity of power grid stations enhanced

Iesco has enhanced the capacity of Chaklala, Taxila and Mirpur (AJK) grid stations by installing new power transformers. Iesco has installed 40 MVA new power transformer, replacing the existing one of 20/26 MVA in 132KV Chaklala Grid Station, while 20/26
Published 25 Feb, 2012 12:00am
Clerk gets 20-year jail term in corruption case

Clerk gets 20-year jail term in corruption case

Special Judge of Anti-Corruption Court Chaudhry Zafar Iqbal Naeem on Friday awarded 20-year imprisonment to an accused with a fine of Rs 20,000 in a corruption case. According to the prosecution, Muhammad Tariq, a junior clerk of the housing department, r
Published 25 Feb, 2012 12:00am
SNGPL meter-readers stage protest demonstration

SNGPL meter-readers stage protest demonstration

The meter-readers of Sui Northern Gas Pipelines Limited staged protest outside SNGPL headquarters against the death of their fellow Kaleemullah, resident of Mianchannu, who died in a protest camp outside the office of the company, on Friday. The protester
Published 25 Feb, 2012 12:00am
KBP concerned at 'exploitation' of sugarcane growers

KBP concerned at 'exploitation' of sugarcane growers

Kisan Board Pakistan (KBP) has urged the judiciary to investigate into exploitation of sugarcane growers by the sugar millers. KBP warned the sugar millers to refrain from exploiting the growers. "The Board would be compelled to take a direct action if ex
Published 25 Feb, 2012 12:00am
Textile exports declined by seven percent in July-January

Textile exports declined by seven percent in July-January

The textile and clothing exports declined by 7 per cent in US dollar value and 20 per cent in quantity wise as compared to corresponding period of July-January (2010-11). According to the official data of textile exports till 31st January released on Frid
Published 25 Feb, 2012 12:00am
UHS notification

UHS notification

The University of Health Sciences (UHS) has neither revised nor suspended the results of second professional MBBS annual examination 2011. The UHS has only set-up independent committees of subject specialists to review the question papers of all the subje
Published 25 Feb, 2012 12:00am
LCCI hails formation of Pak-Qatar JIC

LCCI hails formation of Pak-Qatar JIC

The Lahore Chamber of Commerce and Industry (LCCI) has appreciated the decision to form Pak-Qatar Joint Investment Company to cooperate in the fields of hydropower and offshore as well as onshore oil/gas exploration and production. The LCCI President Irfa
Published 25 Feb, 2012 12:00am
By-elections on two Sindh Assembly seats today

By-elections on two Sindh Assembly seats today

Sindh government has made all necessary arrangements for by-elections on two provincial seats including PS-57 (Badin-I) and PS-53 (Tando Mohammad Khan cum Hyderabad-XI), to be held on February 25, 2012 (today). Provincial Election Commissioner, Sono Khan
Published 25 Feb, 2012 12:00am
PSO paid Rs 40.61 billion by clients

PSO paid Rs 40.61 billion by clients

The power sector and other clients of Pakistan State Oil (PSO) have paid Rs 40.61 billion out of Rs 197.85 billion outstanding amount to the company within a week, Business Recorder has learnt.
Published 25 Feb, 2012 12:00am
SAP to monitor sale of fake seed

SAP to monitor sale of fake seed

The Seed Association of Pakistan (SAP) has developed a mechanism to monitor uncertified, fake and misbranded seed selling in the market. Under the newly developed mechanism, the SAP has constituted a core group of professionals from all the provinces to s
Published 25 Feb, 2012 12:00am
Proceedings adjourned to February 27

Proceedings adjourned to February 27

Lahore High Court appointed local commission to know the factual position of the dispute between Bank of Khyber and Sidra Rice Mill and adjourned the proceedings to February 27 in a petition filed by owner of the mill Kalsoom Javed. The petitioner had con
Published 25 Feb, 2012 12:00am
MDPT exports surge by 17 percent in January

MDPT exports surge by 17 percent in January

Exports worth Rs 1.2 billion, handled through Multan Dry Port (MDPT), were 17 per cent more in January 2012 than the corresponding period last year, MDPT Chairman Syed Ahsan Shah said on Friday. Talking to APP, Ahsan said that products were exported using
Published 25 Feb, 2012 12:00am
APHC accepts invitation to visit Pakistan

APHC accepts invitation to visit Pakistan

All Parties Hurriyet Conference (APHC) has said that it has accepted the Pakistani government's invitation to visit the country. The APHC spokesman in a statement issued in Srinagar said that the Pakistani High Commissioner in New Delhi, Shahid Malik, on
Published 25 Feb, 2012 12:00am
Shalimar Express to set off on maiden journey today

Shalimar Express to set off on maiden journey today

Federal Minister for Railways Ghulam Ahmad Bilour inaugurated the Shalimar Express here on Friday, which would set off for its maiden journey to Karachi under private sector on Saturday morning from Lahore Railways Station. Addressing the inaugural ceremo
Published 25 Feb, 2012 12:00am
By-elections on five National Assembly, two PA seats in Punjab today

By-elections on five National Assembly, two PA seats in Punjab today

The Election Commission of Pakistan (ECP) has finalised all necessary arrangements for the by-elections being held on Saturday (today) for five seats of National Assembly and two seats of Punjab Provincial Assembly The by-elections on the National Assembl
Published 25 Feb, 2012 12:00am
Tahir Rashid joins PML-N

Tahir Rashid joins PML-N

Former MNA Sheikh Tahir Rasheed who had joined Tehrik-e-Insaf after PML-Q, now announced that he quit PTI and joined Pakistan Muslim League-Nawaz on the assurance of PML-N leadership that a National Assembly ticket would be given to him in next general el
Published 25 Feb, 2012 12:00am
Lecture on PhD thesis writing held

Lecture on PhD thesis writing held

Pakistan Study Centre, University of Punjab organised lecture on writing of Ph.D. dissertation here on Friday. Professor Dr Bettina Robotka from Institute of Asian and African Studies, Humboldt University of Berlin, Germany was the speaker. Professor Dr B
Published 25 Feb, 2012 12:00am
PTI Chief condemns bomb blasts in Peshawar

PTI Chief condemns bomb blasts in Peshawar

Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan on Friday has strongly condemned the bomb blasts in Peshawar. He said that this act of terrorism was not only a murder of individuals but also a grave tragedy for the families of those victims. He stated t
Published 25 Feb, 2012 12:00am
Pakistan to export wheat to Iran: Khosa

Pakistan to export wheat to Iran: Khosa

Governor Punjab, Sardar, Muhammad Latif Khan Khosa, has said that despite international pressure government has negotiated a successful historic deal of exporting wheat to Iran. He was speaking at the inaugural session of the fifth Pakistan flour milling
Published 25 Feb, 2012 12:00am
Desecration of Holy Qur'an: Punjab Assembly rejects US apology

Desecration of Holy Qur'an: Punjab Assembly rejects US apology

Punjab Assembly on Friday condemned the desecration of Holy Qur'an at a US airbase in Afghanistan and the resolution on Balochistan moved in the US Congress, and expressed its solidarity with the people of the province by unanimously passing three separat
Published 25 Feb, 2012 12:00am
Jamaate Islami chief criticises US policies

Jamaate Islami chief criticises US policies

Jamaate Islami (JI), Ameer, Syed Munawar Hasan, has said that the desecration of the Holy Quran by US soldiers in Afghanistan proved that despite massacring millions of innocent Muslims in Iraq and Afghanistan, the US was morally and culturally defeated a
Published 25 Feb, 2012 12:00am
Man commits suicide

Man commits suicide

A young man committed suicide in the area of Jaranwala Police Station. According to police, 30-year-old Tanveer, alias Mittho of Fowara Chowk Jaranwala, swallowed poison pills after developing some differences with his family over domestic disputes. He wa
Published 25 Feb, 2012 12:00am
Zakat department releases Rs 221.210 million

Zakat department releases Rs 221.210 million

Zakat and Ushr Department has released Rs 221.210 million to vocational training institutes of the province for extending technical training to deserving students. This amount has been released as second six-monthly instalment for the year 2011-12 through
Published 25 Feb, 2012 12:00am
Nadra employees call off token strike

Nadra employees call off token strike

The National Database and Registration Authority (Nadra) centres in Lahore region have resumed their operation following calling off token strike by its employees. It is pertinent to mention that the NADRA employees were observing token strike to press th
Published 25 Feb, 2012 12:00am
The Weather

The Weather

The weather report on Friday (February 24, 2012) and the forecast for Saturday (February 25, 2012).

Published 25 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 21, 2012.

Published 25 Feb, 2012 12:00am
Balanced application of fertilisers, use of quality seed

Balanced application of fertilisers, use of quality seed

President, Pakistan Agricultural Scientists Association (Pasa), Jamshed Iqbal Cheema, has said that farm income of the growers could increased without creating awareness amongst them about balanced application of fertilisers, quality seed and efficient us
Published 25 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 21, 2012.

Published 25 Feb, 2012 12:00am
Finance facility to Pepco bound to increase tariff: experts

Finance facility to Pepco bound to increase tariff: experts

Another Rs 151 billion finance facility arranged by the Federal government from domestic banks through Term Finance Certificates (TFCs) at 14 percent interest rate for the sick Pakistan Electric Power Company (PEPCO) to pay off its liabilities is bound to
Published 25 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 21, 2012.

Published 25 Feb, 2012 12:00am
FUUAST exams from March

FUUAST exams from March

The BSc. and MSc. annual examinations for regular candidates would be conducted next month. This was announced by the Controller of Examinations of Federal Urdu University for Arts, Science and Technology (FUUAST) on Friday. Those candidates who have not
Published 25 Feb, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (February 24, 2012).

Published 25 Feb, 2012 12:00am
Kayani visits Ordnance Centre

Kayani visits Ordnance Centre

The Chief of Army Staff (COAS), General Ashfaq Parvez Kayani, on Friday visited Ordnance Centre, Malir, in connection with Commanding Officers' Conference of the Ordnance Corps. An ISPR statement said that the Commanding Officers' Conference is a formal e
Published 25 Feb, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (February 24, 2012).

Published 25 Feb, 2012 12:00am
Rating agency moves threaten ABS status

Rating agency moves threaten ABS status

Moody''''s downgrade of Italy and Spain last weeks ago combined with its decision to cap ratings for structured finance bonds from those countries to four notches above sovereign ratings has stripped a series of originators of the ability to achieve Tripl
Published 25 Feb, 2012 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 25 Feb, 2012 12:00am
Rating agency moves threaten ABS status

Rating agency moves threaten ABS status

Moody''s downgrade of Italy and Spain last weeks ago combined with its decision to cap ratings for structured finance bonds from those countries to four notches above sovereign ratings has stripped a series of originators of the ability to achieve Triple
Published 25 Feb, 2012 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 25 Feb, 2012 12:00am
Rating agency moves threaten ABS status

Rating agency moves threaten ABS status

Moody's downgrade of Italy and Spain last weeks ago combined with its decision to cap ratings for structured finance bonds from those countries to four notches above sovereign ratings has stripped a series of originators of the ability to achieve Triple A
Published 25 Feb, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (February 24, 2012).

Published 25 Feb, 2012 12:00am
Rating agency moves threaten ABS status

Rating agency moves threaten ABS status

Moody's downgrade of Italy and Spain last weeks ago combined with its decision to cap ratings for structured finance bonds from those countries to four notches above sovereign ratings has stripped a series of originators of the ability to achieve Triple A
Published 25 Feb, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (February 24, 2012) and for Saturday (February 25, 2012).
Published 25 Feb, 2012 12:00am
Pasha, Wynne meet Gilani

Pasha, Wynne meet Gilani

DG ISI Lieutenant General Ahmad Shuja Pasha called on Prime Minister Syed Yousuf Raza Gilani on Friday and discussed with him security situation in the country. Afghanistan situation also came under discussion during the meeting. Secretary Foreign Affairs
Published 25 Feb, 2012 12:00am
Pasha, Wynne meet Gilani

Pasha, Wynne meet Gilani

DG ISI Lieutenant General Ahmad Shuja Pasha called on Prime Minister Syed Yousuf Raza Gilani on Friday and discussed with him security situation in the country. Afghanistan situation also came under discussion during the meeting. Secretary Foreign Affairs
Published 25 Feb, 2012 12:00am
Four policemen killed in attack on police station

Four policemen killed in attack on police station

Four police personnel including Station House Officer (SHO), killed and six others injured in an attack by militants on City Police Station here on Friday morning. Capital City Police Officer (CCPO), Imtiaz Altaf, however confirmed two killings and woundi
Published 25 Feb, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (February 24, 2012).

Published 25 Feb, 2012 12:00am
Four policemen killed in attack on police station

Four policemen killed in attack on police station

Four police personnel including Station House Officer (SHO), killed and six others injured in an attack by militants on City Police Station here on Friday morning. Capital City Police Officer (CCPO), Imtiaz Altaf, however confirmed two killings and woundi
Published 25 Feb, 2012 12:00am
Supplies made against international tenders: FBR issues new procedure

Supplies made against international tenders: FBR issues new procedure

The Federal Board of Revenue (FBR) has issued a new procedure on the supply of locally produced taxable goods by sales tax registered persons against international tender contracts awarded by the federal and provincial government departments, local govern
Published 25 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 24, 2012).

Published 25 Feb, 2012 12:00am
Supplies made against international tenders: FBR issues new procedure

Supplies made against international tenders: FBR issues new procedure

The Federal Board of Revenue (FBR) has issued a new procedure on the supply of locally produced taxable goods by sales tax registered persons against international tender contracts awarded by the federal and provincial government departments, local govern
Published 25 Feb, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 24, 2012).

Published 25 Feb, 2012 12:00am
Supplies made against international tenders: FBR issues new procedure

Supplies made against international tenders: FBR issues new procedure

The Federal Board of Revenue (FBR) has issued a new procedure on the supply of locally produced taxable goods by sales tax registered persons against international tender contracts awarded by the federal and provincial government departments, local govern
Published 25 Feb, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 24, 2012).

Published 25 Feb, 2012 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee played on both sides versus dollar on the currency market on Friday, dealers said. The rupee dropped by three paisa in relation to dollar for buying and selling at 90.84 and 90.86, experts said.
Published 25 Feb, 2012 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee played on both sides versus dollar on the currency market on Friday, dealers said. The rupee dropped by three paisa in relation to dollar for buying and selling at 90.84 and 90.86, experts said.
Published 25 Feb, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (February 24, 2012).

Published 25 Feb, 2012 12:00am
World Bank issues SOS for oceans, backs alliance

World Bank issues SOS for oceans, backs alliance

The World Bank announced on Friday a global alliance to better manage and protect the world''s oceans, which are under threat from over-fishing, pollution and climate change. Oceans are the lifeblood of the planet and the global economy, World Bank Presid
Published 25 Feb, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (February 24, 2012).

Published 25 Feb, 2012 12:00am
World Bank issues SOS for oceans, backs alliance

World Bank issues SOS for oceans, backs alliance

The World Bank announced on Friday a global alliance to better manage and protect the world's oceans, which are under threat from over-fishing, pollution and climate change. Oceans are the lifeblood of the planet and the global economy, World Bank Preside
Published 25 Feb, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (February 24, 2012).

Published 25 Feb, 2012 12:00am
World Bank issues SOS for oceans, backs alliance

World Bank issues SOS for oceans, backs alliance

The World Bank announced on Friday a global alliance to better manage and protect the world's oceans, which are under threat from over-fishing, pollution and climate change. Oceans are the lifeblood of the planet and the global economy, World Bank Preside
Published 25 Feb, 2012 12:00am
Banks post 27 percent growth in 2011

Banks post 27 percent growth in 2011

At a time when there are fears of US recession and banking stocks remained under pressure, large private banks in Pakistan have posted above average growth of 27 percent in 2011, analysts said. The cumulative earnings of these four banks reached Rs 66 bil
Published 25 Feb, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (February 24, 2012).

Published 25 Feb, 2012 12:00am
Banks post 27 percent growth in 2011

Banks post 27 percent growth in 2011

At a time when there are fears of US recession and banking stocks remained under pressure, large private banks in Pakistan have posted above average growth of 27 percent in 2011, analysts said. The cumulative earnings of these four banks reached Rs 66 bil
Published 25 Feb, 2012 12:00am
Banks post 27 percent growth in 2011

Banks post 27 percent growth in 2011

At a time when there are fears of US recession and banking stocks remained under pressure, large private banks in Pakistan have posted above average growth of 27 percent in 2011, analysts said. The cumulative earnings of these four banks reached Rs 66 bil
Published 25 Feb, 2012 12:00am
Angola''s Sonangol pulling out of Iran

Angola''s Sonangol pulling out of Iran

Angola''s state oil company Sonangol announced Friday it is withdrawing from a natural-gas project in Iran due to international sanctions over Tehran''s nuclear programme. The company, which reported earnings for 2011 of $33.7 billion and profits of $3.3
Published 25 Feb, 2012 12:00am
Angola's Sonangol pulling out of Iran

Angola's Sonangol pulling out of Iran

Angola's state oil company Sonangol announced Friday it is withdrawing from a natural-gas project in Iran due to international sanctions over Tehran's nuclear programme. The company, which reported earnings for 2011 of $33.7 billion and profits of $3.3 bi
Published 25 Feb, 2012 12:00am
Angola's Sonangol pulling out of Iran

Angola's Sonangol pulling out of Iran

Angola's state oil company Sonangol announced Friday it is withdrawing from a natural-gas project in Iran due to international sanctions over Tehran's nuclear programme. The company, which reported earnings for 2011 of $33.7 billion and profits of $3.3 bi
Published 25 Feb, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Feb, 2012 12:00am
Board meetings in progress

Board meetings in progress

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

Published 25 Feb, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Feb, 2012 12:00am
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