News Archives for Print - 2012-03-07 - Business Recorder

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Print - 2012-03-07

Promulgation of new local government system: Sindh coalition partners to evolve consensus soon, says Ebad

Promulgation of new local government system: Sindh coalition partners to evolve consensus soon, says Ebad

Sindh Governor Dr Ishrat-ul-Ebad Khan has said the coalition partners of Sindh government would soon reach consensus with regard to promulgation new local government system. He expressed this while talking to media persons during his visit to under-constr

Published 07 Mar, 2012 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (March 06, 2012).

Published 07 Mar, 2012 12:00am

East Libya leaders declare autonomy, call for federalism

East Libya leaders declare autonomy, call for federalism

Tribal and political leaders declared Libya's oil-rich eastern region of Cyrenaica as autonomous on Tuesday, raising fears the country may break up in the wake of Moamer Kadhafi's downfall. At a conference attended by about 3,000 people in Benghazi, the m

Published 07 Mar, 2012 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (March 06, 2012).

Published 07 Mar, 2012 12:00am

PPP woman MPA in Khyber Pakhtunkhwa resigns

PPP woman MPA in Khyber Pakhtunkhwa resigns

Pakistan People's Party MPA in Khyber Pakhtunkhwa Assembly, Dr Faiza Rasheed has announced her resignation from Assembly membership as a protest against the indifferent attitude of Speaker KP Assembly for not entertaining her privileged motion against som

Published 07 Mar, 2012 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (March 06, 2012).

Published 07 Mar, 2012 12:00am

PPP woman MPA in Khyber Pakhtunkhwa resigns

PPP woman MPA in Khyber Pakhtunkhwa resigns

Pakistan People's Party MPA in Khyber Pakhtunkhwa Assembly, Dr Faiza Rasheed has announced her resignation from Assembly membership as a protest against the indifferent attitude of Speaker KP Assembly for not entertaining her privileged motion against som

Published 07 Mar, 2012 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (March 06, 2012).

Published 07 Mar, 2012 12:00am

Senate condemns desecration of Holy Quran by Nato forces

Senate condemns desecration of Holy Quran by Nato forces

The Upper House of Parliament on Tuesday passed a unanimous resolution condemning the burning of the holy Quran at a US base in Afghanistan by Nato forces, demanding that those responsible be punished. "This House demands investigation and punishment for

Published 07 Mar, 2012 12:00am

The Weather

The Weather

The weather report on Tuesday (March 06, 2012) and the forecast for Wednesday (March 07, 2012).

Published 07 Mar, 2012 12:00am

Senate condemns desecration of Holy Quran by Nato forces

Senate condemns desecration of Holy Quran by Nato forces

The Upper House of Parliament on Tuesday passed a unanimous resolution condemning the burning of the holy Quran at a US base in Afghanistan by Nato forces, demanding that those responsible be punished. "This House demands investigation and punishment for

Published 07 Mar, 2012 12:00am

Reviewing oil prices after 15 days: Finance Ministry, Ogra oppose proposal

Reviewing oil prices after 15 days: Finance Ministry, Ogra oppose proposal

The Finance Ministry and Oil and Gas Regulatory Authority (Ogra) have opposed the Petroleum Ministry's proposal to review petroleum products' prices after every 15 days. It is to be mentioned here that Dr Asim Hussian decided in 2009 to fix petroleum prod

Published 07 Mar, 2012 12:00am

Reviewing oil prices after 15 days: Finance Ministry, Ogra oppose proposal

Reviewing oil prices after 15 days: Finance Ministry, Ogra oppose proposal

The Finance Ministry and Oil and Gas Regulatory Authority (Ogra) have opposed the Petroleum Ministry's proposal to review petroleum products' prices after every 15 days. It is to be mentioned here that Dr Asim Hussian decided in 2009 to fix petroleum prod

Published 07 Mar, 2012 12:00am

Reviewing oil prices after 15 days: Finance Ministry, Ogra oppose proposal

Reviewing oil prices after 15 days: Finance Ministry, Ogra oppose proposal

The Finance Ministry and Oil and Gas Regulatory Authority (Ogra) have opposed the Petroleum Ministry''s proposal to review petroleum products'' prices after every 15 days. It is to be mentioned here that Dr Asim Hussian decided in 2009 to fix petroleum pr

Published 07 Mar, 2012 12:00am

Gas production at Sui decreasing: PPL completes survey for exploration of deeper reserves

Gas production at Sui decreasing: PPL completes survey for exploration of deeper reserves

Asim Murtaza Khan, Managing Director, Pakistan Petroleum Limited (PPL), has said that the production of natural gas at Sui in Balochistan is declining from 4 to 5 percent every year. He said this while talking to Business Recorder after meeting of

Published 07 Mar, 2012 12:00am

Gas production at Sui decreasing: PPL completes survey for exploration of deeper reserves

Gas production at Sui decreasing: PPL completes survey for exploration of deeper reserves

Asim Murtaza Khan, Managing Director, Pakistan Petroleum Limited (PPL), has said that the production of natural gas at Sui in Balochistan is declining from 4 to 5 percent every year. He said this while talking to Business Recorder after meeting of

Published 07 Mar, 2012 12:00am

Gas production at Sui decreasing: PPL completes survey for exploration of deeper reserves

Gas production at Sui decreasing: PPL completes survey for exploration of deeper reserves

Asim Murtaza Khan, Managing Director, Pakistan Petroleum Limited (PPL), has said that the production of natural gas at Sui in Balochistan is declining from 4 to 5 percent every year. He said this while talking to Business Recorder after meeting of

Published 07 Mar, 2012 12:00am

Rising unemployment: PBC chief advocates 7-8 percent GDP growth

Rising unemployment: PBC chief advocates 7-8 percent GDP growth

Asad Umar, Chairman of Pakistan Business Council (PBC), on Tuesday said that one million people were left unemployed every year for last four-five years due to low Gross Domestic Product (GDP) growth. Speaking on "State of the Economy - The Way Forward" d

Published 07 Mar, 2012 12:00am

OES participates in 19th HVACR Expo, Conference 2012

OES participates in 19th HVACR Expo, Conference 2012

Orient Energy Systems (Pvt) Limited (OES) participated in the 19th HVACR Expo and Conference 2012 held on 1st to 3rd March, at Jinnah Conventional Centre, Islamabad. The mega event was designed to display the latest technology and trends in the HVACR sect

Published 07 Mar, 2012 12:00am

WHO extending help to Punjab to combat dengue

WHO extending help to Punjab to combat dengue

World Health Organisation (WHO) is extending full technical assistance and co-operation to Punjab government to combat Dengue, said Dr Babar Alam, Operations Officer WHO, Punjab. He said this while speaking at a 2-day training workshop of Dengue Preventio

Published 07 Mar, 2012 12:00am

KSBL to begin MBA classes in September

KSBL to begin MBA classes in September

The Karachi School for Business and Leadership (KSBL) will start classes for Master of Business Administration (MBA) from September this year. Talking to media on Tuesday, Professor Dawood N Ghaznavi, acting Dean of KSBL said admission process has already

Published 07 Mar, 2012 12:00am

Robber injured; looted money recovered

Robber injured; looted money recovered

Sindh police on Tuesday claimed to have foiled a bank robbery bid in the limits of Nazimabad police station. According to police, three gunmen entered the private bank branch located in Nazimabad No 3 and robbed a bagful of Rs 1.5 million. They said the p

Published 07 Mar, 2012 12:00am

Punjab University to hold national conference on Thursday

Punjab University to hold national conference on Thursday

Punjab University Department of Political Science and Center for South Asian Studies will organise a National Conference on "Pakistan's Internal and External Security: Challenges and Options" at auditorium of Institute of Biochemistry and Biotechnology an

Published 07 Mar, 2012 12:00am

Wateen introduces CacheMARA system

Wateen introduces CacheMARA system

Wateen Telecom has selected MARA Systems as its vendor for providing a caching solution which will improve customer's quality of experience and enable bandwidth savings for the company. CacheMARA appliance solution offers a unique caching mechanism that e

Published 07 Mar, 2012 12:00am

Investment, trade very secure in Pakistan: Brazilian envoy

Investment, trade very secure in Pakistan: Brazilian envoy

Investment and trade are very easy and secure in Pakistan in spite of law-and-order situation and terrorism because of its loving people and congenial atmosphere, stated Alfredo Leoni, Ambassador of Brazil in Pakistan, while addressing a Press Conference

Published 07 Mar, 2012 12:00am

Shahbaz for public participation in cleanliness campaign

Shahbaz for public participation in cleanliness campaign

Punjab Chief Minister Muhammad Shahbaz Sharif has directed all government institutions to work in an organised manner to cope with the possible outbreak of dengue and also ensure public participation in the cleanliness campaign. He said that the cabinet c

Published 07 Mar, 2012 12:00am

British Council greets UHS

British Council greets UHS

The British Council has greeted the University of Health Sciences (UHS) on being ranked as one of the top 10 universities of Pakistan. In a letter, British Council's Director David Martin has said that the recent initiative taken by the Higher Education C

Published 07 Mar, 2012 12:00am

SNGPL reduces number of gas distribution zones to three

SNGPL reduces number of gas distribution zones to three

The Sui Northern Gas Pipelines Limited (SNGPL) has reduced number of gas distribution zones from four to three in Punjab. The three zones include Lahore and Sahiwal zone, Faisalabad & Sargodha, Bahawalpur, Multan, Gujranwala and Islamabad zone and Sheikhu

Published 07 Mar, 2012 12:00am

IG Punjab directed to redress SI's grievance

IG Punjab directed to redress SI's grievance

The Lahore High Court on Tuesday directed IG Punjab to redress the grievance of the petitioner, SI, Rana Muhammad Akram, and submit his report to the court till March 7. The petitioner, Rana Akram, contended that his promotion case was pending since 1996.

Published 07 Mar, 2012 12:00am

Civil judges boycott court proceedings

Civil judges boycott court proceedings

All the civil judges of Lahore boycotted court proceedings after some angry lawyers locked the courtroom of civil judge Saif Ullah. According to the details, the civil judge was hearing a case against Lahore Development Authority (LDA) and lawyers asked h

Published 07 Mar, 2012 12:00am

Provision of wheat: LHC approached

Provision of wheat: LHC approached

A bar member has approached the Lahore High Court with a prayer to direct the government to provide wheat to Pakistan Flour Mills Association (PFMA) for provision of cheaper flour to the masses. The petitioner Ghazi Illam Din contended that PFMA had offer

Published 07 Mar, 2012 12:00am

Gas supply to industries: Punjab Assembly passes resolution

Gas supply to industries: Punjab Assembly passes resolution

The Punjab Assembly on Tuesday passed a resolution presented by MPA Zia Ullah regarding continued gas supply to industries. The MPA expressed dissatisfaction over interrupted supply of gas to industrial units. The economy was suffering badly, he said, add

Published 07 Mar, 2012 12:00am

LCCI, Sudan to strengthen cooperation in agriculture sector

LCCI, Sudan to strengthen cooperation in agriculture sector

The Lahore Chamber of Commerce and Industry (LCCI) and Sudan Ministry of Commerce have decided to strengthen co-operation in the field of agriculture which would help promote ties between the two brotherly countries.

Published 07 Mar, 2012 12:00am

Lok Virsa to hold Women at Work festival

Lok Virsa to hold Women at Work festival

Lok Virsa (National Institute of Folk and Traditional Heritage) will hold a five-day National Women at Work festival from March 8 to 12 to mark the International Women's Day. The event is being organised by Lok Virsa in collaboration with the Federal Mini

Published 07 Mar, 2012 12:00am

Photo competition on child labour: ILO to receive entries till March 25

Photo competition on child labour: ILO to receive entries till March 25

International Labour Organisation (ILO), for its national level photo competition on the fight against child labour, would receive entries till March 25. The photo exhibition on 'Child Labour,' announced by ILO during last month, is being arranged under i

Published 07 Mar, 2012 12:00am

Third batch of 26 workers leaves for South Korea

Third batch of 26 workers leaves for South Korea

The third batch of 26 Pakistani workers recruited under Employment Permit System (EPS) left here for Korea on Tuesday, Managing Director, Overseas Employment Corporation (OEC), Saeed Ahmed Shaikh said. The OEC received 250 contracts so for, out of total E

Published 07 Mar, 2012 12:00am

Dr Malik allowed to continue as UHS vice chancellor

Dr Malik allowed to continue as UHS vice chancellor

A full bench of the Supreme Court here Tuesday allowed Dr Malik Hussain Mubashar to continue as Vice Chancellor of University of Health Sciences (UHS) till March 12. The bench was hearing Punjab government's appeal challenging a Lahore High Court order wh

Published 07 Mar, 2012 12:00am

Concern voiced over non-compliance of various KSE regulations

Concern voiced over non-compliance of various KSE regulations

The Karachi Stock Exchange (KSE) has expressed its concern over the increase in quantum of non-compliance of various KSE regulations. In order to strengthen members' awareness on various KSE regulations, the Exchange had organised various presentation ses

Published 07 Mar, 2012 12:00am

Pakistan attaches high priority to regional peace: Gilani

Pakistan attaches high priority to regional peace: Gilani

Prime Minister Syed Yousuf Raza Gilani on Tuesday said Pakistan attaches high priority to promoting regional peace, security, prosperity and stability. The Prime Minister expressed these views in a meeting with outgoing Foreign Secretary Salman Bashir, wh

Published 07 Mar, 2012 12:00am

Repair of Rescue 1122 ambulances: KMC officials accused of demanding 'commission'

Repair of Rescue 1122 ambulances: KMC officials accused of demanding 'commission'

Commission culture that has pushed almost every public sector entity on the verge of debacle, has now put the much needed Rescue-1122 ambulance service in jeopardy. According to sources, Karachi Metropolitan Corporation (KMC) officials are reluctant to gr

Published 07 Mar, 2012 12:00am

Bullet-riddled body of woman found

Bullet-riddled body of woman found

A bullet-riddled body of a woman was found at Chenesar Goth, Mehmoodabad in the limits of Tipu Sultan police station. According to police, the victim, who was identified as Nadia, 19 wife of Farooq, a resident of Chenesar Goth Mehmoodabad, was recovered f

Published 07 Mar, 2012 12:00am

New polio case reported in North Waziristan

New polio case reported in North Waziristan

Health officials on Tuesday confirmed 12th polio case of current year, which was reported in seven-month child Bakhth Ullah of North Waziristan. According to official sources, the poliovirus was confirmed in a child by National Institute of Health (NIH) l

Published 07 Mar, 2012 12:00am

ASA holds first emergency meeting

ASA holds first emergency meeting

Punjab University Academic Staff Association (ASA) on Tuesday held its first emergency meeting of executive council under the leadership of President Professor Dr Aamir Sarwar. All the newly-elected members participated in the meeting. The ASA nominated f

Published 07 Mar, 2012 12:00am

PTI to launch a new phase of development in country

PTI to launch a new phase of development in country

Pakistan Tahreek-e-Insaaf (PTI) would launch a new phase of development in the country with the help of its voters who want positive change. In a joint statement issued here on Tuesday, President Lahore Region Mian Mahood-ur-Rasheed, Senior Vice-President

Published 07 Mar, 2012 12:00am

AJA discusses future crops: 'Biotechnology helps address global challenges'

AJA discusses future crops: 'Biotechnology helps address global challenges'

Biotechnology helps in addressing global challenges of producing more with less resource through increasing food production with same or less inputs in changing climatic conditions to feed projected around 10 billion populations by year 2050. Keeping in v

Published 07 Mar, 2012 12:00am

Dry weather likely

Dry weather likely

Director, Metrological Department, Muhammad Hanif, said that dry weather expected in most parts of the country this week. Talking to PTV, he said that summer season will start from the last week of April or in the first week of May. He said that weather w

Published 07 Mar, 2012 12:00am

ECP bound to follow constitution: Supreme Court

ECP bound to follow constitution: Supreme Court

While resuming hearing of a case pertaining to existence of 27 million bogus votes in electoral rolls, the Supreme Court said on Tuesday that the Election Commission of Pakistan (ECP), a constitutional body, was bound to follow the constitution and the la

Published 07 Mar, 2012 12:00am

PML-N MPA's degree declared fake

PML-N MPA's degree declared fake

Election Commission of Pakistan (ECP) while declaring the degree of Pakistan Muslim League-Nawaz's (PML-N) member provincial assembly from Punjab as fake has referred the case to concerned district and session judge for report within 120 days. The ECP met

Published 07 Mar, 2012 12:00am

Gilani greets Putin

Gilani greets Putin

Prime Minister Syed Yousuf Raza Gilani on Tuesday telephoned Vladimir Putin and greeted him on his success in the election for the President of Russia. Russian Prime Minister Vladimir Putin, who triumphed in Russia's presidential election on March 4, appr

Published 07 Mar, 2012 12:00am

Suicide attack on Sherpao: impartial inquiry demanded

Suicide attack on Sherpao: impartial inquiry demanded

A female member of PPP-Sherpao Central Executive Committee demanded of the government an impartial inquiry into suicide attack on Party Chairman Aftab Ahmad Khan Sherpao and expose faces behind this incident.

Published 07 Mar, 2012 12:00am

Trade unions, regulations of industrial relations: ICT facing gap in terms of registration

Trade unions, regulations of industrial relations: ICT facing gap in terms of registration

The Islamabad Capital Territory (ICT) is facing a gap in terms of registration of trade unions and regulation of industrial relations as well as matters relating to offices, factories or firms falling in more than one province, after the approval of 18th

Published 07 Mar, 2012 12:00am

Seven Senate seats from Balochistan: ECP admits PML-N appeal for hearing

Seven Senate seats from Balochistan: ECP admits PML-N appeal for hearing

Election Commission of Pakistan (ECP) Tuesday accepted appeal filed by Pakistan Muslim League-Nawaz (PML-N) against upholding election results on seven general Senate seats from Balochistan. The development came a day before ECP maintained the Senate poll

Published 07 Mar, 2012 12:00am

ECP notifies senators

ECP notifies senators

Election Commission of Pakistan (ECP) on Tuesday declared 12 contestants as returned candidates in recently held election for the Upper House for next six years. The Election Commission of Pakistan has declared the seven candidates returned to the Senate

Published 07 Mar, 2012 12:00am

SBP holds seminar on SMEs

SBP holds seminar on SMEs

State Bank of Pakistan (SBP) held awareness seminar on SME development here on Tuesday. The seminar was attended by Chief Manager, SBP Mohammad Tanveerul Islam, Assistant Chief Manager, Noor Mohammad, Joint Director SBP, Alauddin Ackhzai, Sarhad Chamber o

Published 07 Mar, 2012 12:00am

FTRS: SECP receives healthy response

FTRS: SECP receives healthy response

The SECP has received a healthy response to Fast Track Registration Services (FTRS), which has been introduced to facilitate prospective promoters, corporate consultants and management of the companies with expeditious provision of range of services offer

Published 07 Mar, 2012 12:00am

Over 2,000 complaints registered with Pemra call centre

Over 2,000 complaints registered with Pemra call centre

Since establishment of Pemra complaints call centre (0800-73672) in December, 2011, the viewers have registered 2,156 complaints / suggestions regarding TV channels, cable TV networks and FM radio stations via telephonic, website, fax and email.

Published 07 Mar, 2012 12:00am

MFSR to propose export of 100,000 animals

MFSR to propose export of 100,000 animals

Ministry of Food Security and Research (MFSR) is planning to submit a summary regarding export of 100,000 live animals including goats, cows, camels and other livestock to Middle East, Afghanistan and Iran. Talking to APP, an official in the ministry said

Published 07 Mar, 2012 12:00am

Two die in gas explosion

Two die in gas explosion

A man and a minor girl died and two women sustained injuries as a result of explosion caused by gas leakage in Kaghan Colony here on Tuesday. According to District Police Officer (DPO), the tragic incident took place at Kaghan Colony where the upper porti

Published 07 Mar, 2012 12:00am

Recession-hit steel industry seeks reduction in turnover tax: FBR examining proposal

Recession-hit steel industry seeks reduction in turnover tax: FBR examining proposal

The Federal Board of Revenue is reviewing a proposal of the local steel industry for reducing the turnover tax from one to 0.5 percent, following low profitability and on-going economic recession. Sources told Business Recorder here on Tuesday that

Published 07 Mar, 2012 12:00am

NBP announces payout of 10 percent bonus shares

NBP announces payout of 10 percent bonus shares

The board of directors of National Bank of Pakistan has announced a payout of 10 percent bonus shares and Rs 7.50 per share, ie 75 percent cash dividend to the share holders as final dividend for the year 2011 which translates into payout ratio of 81.18 p

Published 07 Mar, 2012 12:00am

NBP announces payout of 10 percent bonus shares

NBP announces payout of 10 percent bonus shares

The board of directors of National Bank of Pakistan has announced a payout of 10 percent bonus shares and Rs 7.50 per share, ie 75 percent cash dividend to the share holders as final dividend for the year 2011 which translates into payout ratio of 81.18 p

Published 07 Mar, 2012 12:00am

Imam nominated in murder case of DCO Gwadar

Imam nominated in murder case of DCO Gwadar

Imam Din Bhel alias Imam Bux Bizenjo father of Yaqub Bizenjo MNA, was nominated in murder case of DCO Gwadar Abdur Rehman Dashti here on Tuesday. According to DIG South Commander Shaukat, both victim and the accused person were friends and belonged to Tur

Published 07 Mar, 2012 12:00am

Imam nominated in murder case of DCO Gwadar

Imam nominated in murder case of DCO Gwadar

Imam Din Bhel alias Imam Bux Bizenjo father of Yaqub Bizenjo MNA, was nominated in murder case of DCO Gwadar Abdur Rehman Dashti here on Tuesday. According to DIG South Commander Shaukat, both victim and the accused person were friends and belonged to Tur

Published 07 Mar, 2012 12:00am

Arysta, DuPont enter strategic alliance

Arysta, DuPont enter strategic alliance

Arysta Life Science Pakistan (Pvt) Limited and DuPont Pakistan Operations (Pvt) Limited (DPOL) entered a strategic alliance through, which Arysta will have access to Dupont's fungicide range and together the two companies will further strengthen their off

Published 07 Mar, 2012 12:00am

Waheeda Shah case: ECP to announce verdict today

Waheeda Shah case: ECP to announce verdict today

The Election Commission of Pakistan (ECP) will announce today (Wednesday) its verdict regarding the torture of its woman polling officers by Waheeda Shah, a Pakistan People's Party (PPP) candidate in bye-polls on PS-53 Tando Mohammad Khan. On Tuesday, the

Published 07 Mar, 2012 12:00am

ICT private education institution bill approved by National Assembly body

ICT private education institution bill approved by National Assembly body

The National Assembly Standing Committee on cabinet secretariat on Tuesday approved the Islamabad Capital Territory (ICT) private education institution (Regulation and promotion bill 2007).

Published 07 Mar, 2012 12:00am

BoK earns Rs 872 million after tax profit

BoK earns Rs 872 million after tax profit

The Bank of Khyber (BoK)'s achieves record Rs 872 million after-tax profit in 2011, which shows increase of 55 per cent more then corresponding period of 2010. This was disclosed by Bilal Mustafa, Managing Director BoK during the 111th Board of Directors

Published 07 Mar, 2012 12:00am

BoK earns Rs 872 million after tax profit

BoK earns Rs 872 million after tax profit

The Bank of Khyber (BoK)'s achieves record Rs 872 million after-tax profit in 2011, which shows increase of 55 per cent more then corresponding period of 2010. This was disclosed by Bilal Mustafa, Managing Director BoK during the 111th Board of Directors

Published 07 Mar, 2012 12:00am

Call to promote services of women as moderating force

Call to promote services of women as moderating force

As Pakistan is struggling to rein in rising extremism, bringing political stability, and upholding the rule of law, it is need of the hour to promote the services of women as moderating force. This was the crux of the roundtable entitled "Extremism vs Mod

Published 07 Mar, 2012 12:00am

Alleged killer of a family arrested

Alleged killer of a family arrested

Crime Branch of Sindh police on Tuesday claimed to have apprehended an alleged killer of five family members during a raid near Jinnah Postgraduate Medical Centre (JPMC). According to SP Farooq Awan, the accused person, who was identified as Mohammad Isha

Published 07 Mar, 2012 12:00am

LLB exams: Sindh University forms announcement

LLB exams: Sindh University forms announcement

The Controller of Examinations University of Sindh has announced the schedule for submission of examination forms for LL.B. Part-I, II and III under annual examination of 2011 here on Tuesday. The candidates of Law colleges are hereby advised to obtain ex

Published 07 Mar, 2012 12:00am

Tahqiq two volumes 2011 published

Tahqiq two volumes 2011 published

The Department of Urdu University of Sindh has published-out its biannual research journal Tahqiq, volume 1 and 2 of 2011 on Tuesday. In its first volume the research articles are included of Dr Atiq Ahmed Jilani, Dr Rafiq Ahmed faculty of the department

Published 07 Mar, 2012 12:00am

Profit after tax of Standard Chartered Bank increases to Rs 5.445 billion

Profit after tax of Standard Chartered Bank increases to Rs 5.445 billion

The profit after tax of Standard Chartered Bank (Pakistan) Limited has increased to Rs 5.445 billion in the year ended December 31, 2011 as compared to Rs 3.605 billion earned in the year 2010. The bank's earning per share increased to Rs 1.41 in the peri

Published 07 Mar, 2012 12:00am

Profit after tax of Standard Chartered Bank increases to Rs 5.445 billion

Profit after tax of Standard Chartered Bank increases to Rs 5.445 billion

The profit after tax of Standard Chartered Bank (Pakistan) Limited has increased to Rs 5.445 billion in the year ended December 31, 2011 as compared to Rs 3.605 billion earned in the year 2010. The bank's earning per share increased to Rs 1.41 in the peri

Published 07 Mar, 2012 12:00am

PIC case: Tribunal records statements

PIC case: Tribunal records statements

The Defective Drugs Inquiry Tribunal recorded the statements of Professor of Pathology, Allama Iqbal Medical College, Lahore Dr Nosheen Yousuf, and Chairman, Pharmacy Department, University of Veterinary Sciences Ms Farzana Chaudhri, Ex-Drugs Controller,

Published 07 Mar, 2012 12:00am

Prevention from dengue: UC-level monitoring team constituted

Prevention from dengue: UC-level monitoring team constituted

District Co-ordination Officer Lahore Ahad Khan Cheema has said that teams have been constituted at union council level for monitoring and prevention of dengue virus. He expressed these views while presiding over a meeting regarding dengue prevention arra

Published 07 Mar, 2012 12:00am

Revenue Mobilisation Project: Tax policy overhaul, revenue forecast top activities

Revenue Mobilisation Project: Tax policy overhaul, revenue forecast top activities

Some of the major activities planned under the new Revenue Mobilisation Project of the Federal Board of Revenue included overhauling tax policy formulation mechanism and revenue forecasting along with enhancing accountability and transparency of tax admin

Published 07 Mar, 2012 12:00am

Ibrahim Hyderi residents protest against KESC

Ibrahim Hyderi residents protest against KESC

Residents of Ibrahim Hyderi Goth took out a rally and staged a protest sit-in at Korangi Crossing on Tuesday against discontinuation of electricity supply to the area for many days. The protestors blocked the road, which led to massive gridlock. They dema

Published 07 Mar, 2012 12:00am

SHC orders government to issue appointment letters to petitioners

SHC orders government to issue appointment letters to petitioners

A division bench of Sindh High Court on Tuesday ordered the Education Department, Sindh to issue appointment letters to 111 petitioners as Primary School Teachers (PST) within the next two months. The bench comprising Justice Shahid Anwar Bajwa and Justic

Published 07 Mar, 2012 12:00am

Matric exams in Sindh from April 5

Matric exams in Sindh from April 5

The matric annual examinations 2012 in Sindh will be conducted from April 5 and for intermediate from May 7. This was stated by the Chairman of the Board of intermediate Education Karachi (BIEK), Professor Anwar Ahmed Zai, on Tuesday. He is also the chief

Published 07 Mar, 2012 12:00am

Body of youth found in Dasht

Body of youth found in Dasht

Levies Force recovered body of a youth from Dasht area of the district some 25 Km off Provincial capital on Tuesday. Levies Force official said that they received information about presence of the body, which was dumped in the desert area. The body was sh

Published 07 Mar, 2012 12:00am

Avalanche blankets Afghan village; 37 die

Avalanche blankets Afghan village; 37 die

At least 37 people died and hundreds were still trapped in northern Afghanistan on Tuesday when a snow avalanche covered an entire village near the northern border with Tajikistan, local officials said. Afghan army helicopters descended on the remote vill

Published 07 Mar, 2012 12:00am

FIFA's Valcke apologises to Brazil

FIFA's Valcke apologises to Brazil

FIFA's secretary-general Jerome Valcke has apologised to Brazil, after he was denounced for saying that preparations for the 2014 World Cup were behind schedule, according to the country's government. "I would like to present my apologies to everyone who

Published 07 Mar, 2012 12:00am

Dilshan shines as Sri Lanka force decider

Dilshan shines as Sri Lanka force decider

Tillakaratne Dilshan and Mahela Jayawardene shared an opening partnership of 179 as Sri Lanka hammered Australia by eight wickets on Tuesday to take the one- day international Tri-series final to a third and deciding match. Dilshan smashed 106 and Jayawar

Published 07 Mar, 2012 12:00am

Outgoing Senators have different experiences

Outgoing Senators have different experiences

Half of the outgoing senators on Tuesday started bidding adieu to Upper House of Parliament, amid mixed reactions - some calling their stay wonderful while other disappointed terming the house just like a 'debating club'.

Published 07 Mar, 2012 12:00am

Singer Mala remembered

Singer Mala remembered

Renowned playback singer Mala's death anniverrsary was observed on Tuesday Mala was a famous playback singer of Urdu and Punjabi films in Pakistan. Her real name was Naseem Nazli. She was born in Faisalabad. Naseem was interested in singing and music from

Published 07 Mar, 2012 12:00am

PPP-dominated Senate may not pose any big challenge to future government

PPP-dominated Senate may not pose any big challenge to future government

The recent gain of the ruling PPP in Senate elections may not create any extra ordinary hurdles towards a government in the centre formed by any other party after the general elections in 2013, as far as legislation is concerned, as the lower house of par

Published 07 Mar, 2012 12:00am

Nargis to appear before Supreme Court today

Nargis to appear before Supreme Court today

A special bench of the Supreme Court will resume hearing on contempt of court case against Prime Minister Yousuf Raza Gilani on Wednesday (today). A seven-member bench led by Justice Nasirul Mulk also comprises Justice Asif Saeed Khosa, Justice Sarmad Jal

Published 07 Mar, 2012 12:00am

INTERNATIONAL INDUSTRIES LIMITED

INTERNATIONAL INDUSTRIES LIMITED

International Industries Limited (IIL) is engaged in the business of producing and marketing steel and polyethylene pipes. Over the span of 40 years the Company has grown from a small pipe manufacturer with equity of Rs 1.6 million to become Pakistan's la

Published 07 Mar, 2012 12:00am

INTERNATIONAL INDUSTRIES LIMITED

INTERNATIONAL INDUSTRIES LIMITED

International Industries Limited (IIL) is engaged in the business of producing and marketing steel and polyethylene pipes. Over the span of 40 years the Company has grown from a small pipe manufacturer with equity of Rs 1.6 million to become Pakistan's la

Published 07 Mar, 2012 12:00am

Russia says no shift on Syria after Putin victory

Russia says no shift on Syria after Putin victory

Russia warned the West on Tuesday not to expect a shift in its stance on Syria following Vladimir Putin's victory in a presidential election. One month before Sunday's election, Russia vetoed a Western-backed UN Security Council resolution that would have

Published 07 Mar, 2012 12:00am

Iraqi Prime Minister fires security officials over attack

Iraqi Prime Minister fires security officials over attack

Iraqi Prime Minister Nuri al-Maliki fired two senior security officials in the western Anbar province after militants disguised as police killed at least 27 members of the security forces on Monday, officials said. The brazen attack in Anbar, once the cou

Published 07 Mar, 2012 12:00am

World meets safe water goal

World meets safe water goal

The world has easily beaten a 2015 deadline to halve the proportion of people drinking unsafe water, the United Nations Children's Fund and the World Health Organisation said Tuesday. The two UN agencies released a report saying that between 1990 and 2010

Published 07 Mar, 2012 12:00am

Syria faces outrage; 'smell of death' in Homs

Syria faces outrage; 'smell of death' in Homs

Syrian President Bashar al-Assad faced growing Western anger on Tuesday for preventing aid from entering a devastated district of Homs and over accusations of human rights abuses, including pictures said to show torture victims at a hospital in the city.

Published 07 Mar, 2012 12:00am

Obama favours diplomatic solution for Syria

Obama favours diplomatic solution for Syria

President Barack Obama remains committed to diplomatic efforts to end the violence in Syria, the White House said on Tuesday, despite calls from a leading Republican senator for military action against the government of President Bashar al-Assad.

Published 07 Mar, 2012 12:00am

Syria denounces illegal entry of journalists

Syria denounces illegal entry of journalists

Syria called on international media companies on Tuesday not to send reporters to the country illegally, saying it had allowed more than 200 media delegations to visit areas hit by the conflict. "We want you to tell the journalism and media institutions a

Published 07 Mar, 2012 12:00am

Romney eyes crown as US votes on Super Tuesday

Romney eyes crown as US votes on Super Tuesday

Voters from Alaska to Georgia are going to the polls on a potentially pivotal Super Tuesday that is expected to see Mitt Romney close in on the Republican presidential nomination. The frontrunner hopes to build on recent momentum - he has won the last fiv

Published 07 Mar, 2012 12:00am

North Korea makes progress on reactor: images

North Korea makes progress on reactor: images

North Korea has made progress in recent months on a home-built reactor that experts fear could be used to bolster the communist state's nuclear weapons program, satellite images showed. The images, released this week by a private Washington-based think-ta

Published 07 Mar, 2012 12:00am

Two Palestinian children killed

Two Palestinian children killed

Two Palestinian children were killed when abandoned ordnance exploded in the occupied West Bank on Tuesday, Palestinian officials said. Ramadan Awad, police chief in the city of Hebron, said two 12-year-old boys, Hamza and Zayed Jradat, were killed and th

Published 07 Mar, 2012 12:00am

US will ensure Israel's 'military superiority': Panetta

US will ensure Israel's 'military superiority': Panetta

The United States will ensure Israel retains "military superiority" over its adversaries as the country faces the potential threat of a nuclear-armed Iran, Defence Secretary Leon Panetta said Tuesday. "This is an ironclad pledge which says that the United

Published 07 Mar, 2012 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 27	278.95
USD PKR Interbank Buying / Jan 27	278.80
USD to Japanese Yen / Jan 27	155.72
USD to Swiss Franc / Jan 27	0.91
Pound Sterling to USD / Jan 27	1.24
Euro to USD / Jan 27	1.04

Stock	Volume
S&P 500 / Jan 27	6,012.28
India Sensex / Jan 27	75,366.17
Tokyo Nikkei / Jan 27	39,197.11
Nasdaq / Jan 27	19,341.84
Hang Seng / Jan 27	20,237.14
FTSE 100 / Jan 27	8,503.71
Dow Jones / Jan 27	44,713.58
Germany DAX 30 / Jan 27	21,282.18

Item	Value
Crude Oil USD/Barrel / Jan 27	73.18
Karachi Cotton PKR/37.32 KG / Jan 27	18,485
Gold 10 Grams PKR / Jan 27	247,856
Gold Spot USD/Ounce / Jan 27	2,739.40
Cotton US¢/pound / Jan 27	67.12
Petrol/Litre / Jan 28	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd (Pref) / Jan 27 Chenab Limited (Pref)(CLCPS)	3.93 ▲ 0.49 (14.24%)
Chenab Ltd / Jan 27 Chenab Limited(CHBL)	8.57 ▲ 1 (13.21%)
B. F. Mod. / Jan 27 B.F. Modaraba(BFMOD)	8.39 ▲ 0.89 (11.87%)
Sanghar Sugar / Jan 27 Sanghar Sugar Mills Limited(SANSM)	25.36 ▲ 2.31 (10.02%)
Leather Up Ltd. / Jan 27 Leather Up Limited(LEUL)	36.70 ▲ 3.34 (10.01%)
Shahtaj Sugar / Jan 27 Shahtaj Sugar Mills Limited(SHJS)	113.69 ▲ 10.34 (10%)
At-Tahur Ltd. / Jan 27 At-Tahur Limited(PREMA)	25.85 ▲ 2.35 (10%)
Archroma Pak / Jan 27 Archroma Pakistan Limited(ARPL)	478.56 ▲ 43.51 (10%)
Saritow Spinning / Jan 27 Saritow Spinning Mills Limited(SSML)	12.24 ▲ 1.11 (9.97%)

Stock	Price
LSE Financial Serv. / Jan 27 LSE Financial Services Limited(LSEFSL)	17.52 ▼ -1.95 (-10.02%)
Sui South Gas / Jan 27 Sui Southern Gas Company Limited(SSGC)	39.53 ▼ -4.39 (-10%)
Hussain Industries / Jan 27 Husein Industries Limited(HUSI)	28.50 ▼ -3.14 (-9.92%)
Arctic Textile / Jan 27 Arctic Textile Mills Limited(ARCTM)	18.90 ▼ -2.08 (-9.91%)
Apna Microfin. / Jan 27 Apna Microfinance Bank Limited(AMBL)	10.09 ▼ -1.1 (-9.83%)
National Silk / Jan 27 The National Silk & Rayon Mills Limited(NSRM)	50 ▼ -5.44 (-9.81%)
Gammon Pak / Jan 27 Gammon Pakistan Limited(GAMON)	38 ▼ -4.04 (-9.61%)
Unicap Modaraba / Jan 27 Unicap Modaraba(UCAPM)	2.57 ▼ -0.27 (-9.51%)
Synthetic Prod / Jan 27 Synthetic Products Enterprises Limited(SPEL)	41 ▼ -4.06 (-9.01%)

Stock	Volume
Cnergyico PK / Jan 27 Cnergyico PK Limited(CNERGY)	61,454,571 ▼ -0.13
Sui South Gas / Jan 27 Sui Southern Gas Company Limited(SSGC)	57,677,562 ▼ -4.39
WorldCall Telecom / Jan 27 Worldcall Telecom Limited(WTL)	33,767,457 ▼ -0.06
The Searle Co. / Jan 27 The Searle Company Limited(SEARL)	26,713,969 ▼ -5.54
Pak Elektron / Jan 27 Pak Elektron Limited(PAEL)	22,757,545 ▲ 0.67
Fauji Cement / Jan 27 Fauji Cement Company Limited(FCCL)	20,797,108 ▼ -0.46
Citi Pharma Ltd / Jan 27 Citi Pharma Ltd.(CPHL)	18,489,077 ▼ -6.73
P.T.C.L. / Jan 27 Pakistan Telecommunication Company Ltd(PTC)	18,264,183 ▲ 0.82
Ghani Chem. Ind. / Jan 27 Ghani Chemical Industries Limited(GCIL)	17,202,553 ▲ 0.67

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