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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-03-23
Ahsaan Danish remembered

Ahsaan Danish remembered

Great Urdu poet Ahsaan Danish Death anniversary was observed on Thursday. The prominent Urdu poet was born in 1914. His life marked the struggle of person who didn't have more than a primary level of education, who worked as ordinary laborer for years in
Published 23 Mar, 2012 12:00am
Nisar Bazmi remembered

Nisar Bazmi remembered

One of the most iconic musicians of the country Nisar Bazmi's 5th death anniversary was observed on Thursday. He was born in 1924 in Bombay. His father was Syed Qudrat Ali. Bazmi had no musical background. His first film `Jamna Paar' was released in 1946
Published 23 Mar, 2012 12:00am
Bangladesh HC for shipping service between Karachi, Chittagong

Bangladesh HC for shipping service between Karachi, Chittagong

Pakistan and Bangladesh want to increase trade volume of cotton, yarn and finished products besides expanding travel services through sea and air routes by starting direct shipping service between Karachi and Chittagong. Chairman Senate Nayyar Hussain Bok
Published 23 Mar, 2012 12:00am
74 percent of women in district Battagram still not literate

74 percent of women in district Battagram still not literate

The female literacy rate is just 26 percent in District Battagram while the rest of 74 percent women are totally illiterate. Ambassador of Netherland Gajus Scheltema said while addressing a ceremony organised by a non-governmental organisation, Save the C
Published 23 Mar, 2012 12:00am
Economy suffers $14 billion loss due to climate change annually

Economy suffers $14 billion loss due to climate change annually

Malik Amin Aslam, former Federal State Minister for Environment, said that the economy of Pakistan annually suffered an accumulated loss of 14 billion dollars due to climate change, which is almost five percent of country's gross domestic product (GDP).
Published 23 Mar, 2012 12:00am
India abandons rail price hikes in latest setback

India abandons rail price hikes in latest setback

The Indian government on Thursday scrapped plans to hike most rail fares, underscoring the Congress-led coalition's growing difficulties in implementing tough policy decisions. "I intend to give relief to the already burdened common man," the new Railway
Published 23 Mar, 2012 12:00am
BRIndex30 drops 28.93 points

BRIndex30 drops 28.93 points

On Thurs-day, BRIndex30 opened at 10,056.19. It touched an intraday high of 10,105.70 and an intraday low of 9,982.10 and closed at 10,027.26 which was -28.93 points or -0.29 percent lower than previous close. Total volume was 124,169,804, which was 54.95
Published 23 Mar, 2012 12:00am
'UN Supreme Court to resolve Indo-Pak water dispute'

'UN Supreme Court to resolve Indo-Pak water dispute'

Pakistan is left with no option but to take its complaint urgently to the UN Security Council for the protection of human rights of over 180 million people and safety of their country to stop India building high dams on Western Rivers.
Published 23 Mar, 2012 12:00am
'UN Supreme Court to resolve Indo-Pak water dispute'

'UN Supreme Court to resolve Indo-Pak water dispute'

Pakistan is left with no option but to take its complaint urgently to the UN Security Council for the protection of human rights of over 180 million people and safety of their country to stop India building high dams on Western Rivers.
Published 23 Mar, 2012 12:00am
''UN Supreme Court to resolve Indo-Pak water dispute''

''UN Supreme Court to resolve Indo-Pak water dispute''

Pakistan is left with no option but to take its complaint urgently to the UN Security Council for the protection of human rights of over 180 million people and safety of their country to stop India building high dams on Western Rivers.
Published 23 Mar, 2012 12:00am
Holiday Notice

Holiday Notice

The offices of Business Recorder will remain closed today, Friday (March 23) on account of Pakistan Day. Arrangements have, however, been made to bring out the newspaper and Internet Edition tomorrow, Saturday (March 24), as usual.
Published 23 Mar, 2012 12:00am
Holiday Notice

Holiday Notice

The offices of Business Recorder will remain closed today, Friday (March 23) on account of Pakistan Day. Arrangements have, however, been made to bring out the newspaper and Internet Edition tomorrow, Saturday (March 24), as usual.
Published 23 Mar, 2012 12:00am
US sees Taliban talks suspension as tactical move

US sees Taliban talks suspension as tactical move

The Taliban's suspension of preliminary peace talks is a tactical move reflecting internal tensions, US officials believe, rather than a definitive halt to discussions the White House hopes will bring a peaceful end to the war in Afghanistan.
Published 23 Mar, 2012 12:00am
Tapi gas project: talks held to move forward

Tapi gas project: talks held to move forward

Secretary Petroleum Muhammad Ejaz Chaudhry met his Indian counterpart, G C Chaturvedi here on Thursday and discussed bilateral trade of petroleum products and the Turkmenistan - Afghanistan - Pakistan - India (Tapi) gas pipeline project. Pakistani delegat
Published 23 Mar, 2012 12:00am
Tapi gas project: talks held to move forward

Tapi gas project: talks held to move forward

Secretary Petroleum Muhammad Ejaz Chaudhry met his Indian counterpart, G C Chaturvedi here on Thursday and discussed bilateral trade of petroleum products and the Turkmenistan - Afghanistan - Pakistan - India (Tapi) gas pipeline project. Pakistani delegat
Published 23 Mar, 2012 12:00am
Tapi gas project: talks held to move forward

Tapi gas project: talks held to move forward

Secretary Petroleum Muhammad Ejaz Chaudhry met his Indian counterpart, G C Chaturvedi here on Thursday and discussed bilateral trade of petroleum products and the Turkmenistan - Afghanistan - Pakistan - India (Tapi) gas pipeline project. Pakistani delegat
Published 23 Mar, 2012 12:00am
BP gets okay to drill deepwater well off Shetland

BP gets okay to drill deepwater well off Shetland

BP has got a green light to drill a deepwater well off the Shetland Island, the UK government said on Thursday, a move in line with Britain's plans to encourage more exploration in the North Sea. The announcement came a day after the UK government's annua
Published 23 Mar, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Mar, 2012 12:00am
Italian industry sees hope in Monti's reform

Italian industry sees hope in Monti's reform

The westbound road out of Turin, framed by the Alps, would be scenic if it were not for the long line of shuttered car and parts plants that testify to a deep slump in Italy's car industry. The small firms that cluster around Fiat's Mirafiori factory, now
Published 23 Mar, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 23 Mar, 2012 12:00am
Ignore Florida law on Cuba trade, says county attorney

Ignore Florida law on Cuba trade, says county attorney

Florida had no authority to enact a pending law that would prohibit local governments from hiring firms that do business with Cuba because federal law trumps state law when it comes to foreign policy, the Miami-Dade county attorney has advised. County Att
Published 23 Mar, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Mar, 2012 12:00am
LSE index sheds 33.53 points

LSE index sheds 33.53 points

Equities failed to maintain upward slide on the Lahore Stock Exchange on Thursday and registered losses amid increased trading turnover due to selling pressure in blue chips. The LSE-22 index lost 33.53 points and was closed at 3451.70 against 3485.23 of
Published 23 Mar, 2012 12:00am
Board meetings in progress

Board meetings in progress

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

Published 23 Mar, 2012 12:00am
LSE index sheds 33.53 points

LSE index sheds 33.53 points

Equities failed to maintain upward slide on the Lahore Stock Exchange on Thursday and registered losses amid increased trading turnover due to selling pressure in blue chips. The LSE-22 index lost 33.53 points and was closed at 3451.70 against 3485.23 of
Published 23 Mar, 2012 12:00am
Board meetings

Board meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Mar, 2012 12:00am
ISE down 4.57 points

ISE down 4.57 points

Bears dominated the proceedings on Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 4.57 points as the ISE Ten Index moved from 2,742.71 to 2,738.14 point
Published 23 Mar, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Mar, 2012 12:00am
ISE down 4.57 points

ISE down 4.57 points

Bears dominated the proceedings on Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 4.57 points as the ISE Ten Index moved from 2,742.71 to 2,738.14 point
Published 23 Mar, 2012 12:00am
Rs 40 billion additional burden likely on power consumers

Rs 40 billion additional burden likely on power consumers

The government is likely to put an additional burden of over Rs 40 billion on electricity consumers on account of recently approved power tariff under fuel adjustment surcharge for four months - October 2011 to January 2012. According to sources in Nation
Published 23 Mar, 2012 12:00am
Rs 40 billion additional burden likely on power consumers

Rs 40 billion additional burden likely on power consumers

The government is likely to put an additional burden of over Rs 40 billion on electricity consumers on account of recently approved power tariff under fuel adjustment surcharge for four months - October 2011 to January 2012. According to sources in Nation
Published 23 Mar, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (March 22, 2012).

Published 23 Mar, 2012 12:00am
Rs 40 billion additional burden likely on power consumers

Rs 40 billion additional burden likely on power consumers

The government is likely to put an additional burden of over Rs 40 billion on electricity consumers on account of recently approved power tariff under fuel adjustment surcharge for four months - October 2011 to January 2012. According to sources in Nation
Published 23 Mar, 2012 12:00am
US intelligence sees global water conflict risks rising

US intelligence sees global water conflict risks rising

Fresh water supplies are unlikely to keep up with global demand by 2040, increasing political instability, hobbling economic growth and endangering world food markets, according to a US intelligence assessment released on Thursday.
Published 23 Mar, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (March 22, 2012).

Published 23 Mar, 2012 12:00am
US intelligence sees global water conflict risks rising

US intelligence sees global water conflict risks rising

Fresh water supplies are unlikely to keep up with global demand by 2040, increasing political instability, hobbling economic growth and endangering world food markets, according to a US intelligence assessment released on Thursday.
Published 23 Mar, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (March 22, 2012).

Published 23 Mar, 2012 12:00am
US intelligence sees global water conflict risks rising

US intelligence sees global water conflict risks rising

Fresh water supplies are unlikely to keep up with global demand by 2040, increasing political instability, hobbling economic growth and endangering world food markets, according to a US intelligence assessment released on Thursday.
Published 23 Mar, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (March 22, 2012).

Published 23 Mar, 2012 12:00am
Mali junta shuts borders after coup, president safe

Mali junta shuts borders after coup, president safe

Coup leaders in Mali Thursday ordered all borders closed after taking over key buildings in Bamako and ousting President Amadou Toumani Toure overnight, sparking international concern and condemnation. The renegade army officers, calling themselves the Na
Published 23 Mar, 2012 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

Strong demand for dollars, pushed the rupee down on the local currency market on Thursday in process of trading, dealers said.
Published 23 Mar, 2012 12:00am
Mali junta shuts borders after coup, president safe

Mali junta shuts borders after coup, president safe

Coup leaders in Mali Thursday ordered all borders closed after taking over key buildings in Bamako and ousting President Amadou Toumani Toure overnight, sparking international concern and condemnation. The renegade army officers, calling themselves the Na
Published 23 Mar, 2012 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

Strong demand for dollars, pushed the rupee down on the local currency market on Thursday in process of trading, dealers said.
Published 23 Mar, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 22, 2012).

Published 23 Mar, 2012 12:00am
EU agrees some Iran oil insurance exemptions

EU agrees some Iran oil insurance exemptions

European Union governments reached a preliminary agreement on Thursday to allow some insurance on Iranian oil shipments before the EU's full embargo on Tehran's crude starts on July 1, an EU diplomat said. The decision, which is expected to be formally ap
Published 23 Mar, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 22, 2012).

Published 23 Mar, 2012 12:00am
EU agrees some Iran oil insurance exemptions

EU agrees some Iran oil insurance exemptions

European Union governments reached a preliminary agreement on Thursday to allow some insurance on Iranian oil shipments before the EU's full embargo on Tehran's crude starts on July 1, an EU diplomat said. The decision, which is expected to be formally ap
Published 23 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 Thursday (March 22, 2012).

Published 23 Mar, 2012 12:00am
EU agrees some Iran oil insurance exemptions

EU agrees some Iran oil insurance exemptions

European Union governments reached a preliminary agreement on Thursday to allow some insurance on Iranian oil shipments before the EU''s full embargo on Tehran''s crude starts on July 1, an EU diplomat said. The decision, which is expected to be formally
Published 23 Mar, 2012 12:00am
'Rehabilitation of Jinnah barrage to add to worries of people'

'Rehabilitation of Jinnah barrage to add to worries of people'

Rehabilitation of Jinnah Barrage on River Indus, would bring miseries, hardships and losses for the people of adjacent areas besides increasing the water logging and wastage of huge funds, said Fazl-e-Rabb President of Sindh Bachao Tarla & Parah Developme
Published 23 Mar, 2012 12:00am
Rao Qaiser joins PTI

Rao Qaiser joins PTI

Pakistan Muslim League-N Ex-MNA Rao Qasier announced to join Pakistan Tehreek-e-Insaf (PTI) on Thursday. Talking to the media, Chairman PTI Imran Khan said the PPP and PML-N have teamed up to rig the next general elections. The government was ready to res
Published 23 Mar, 2012 12:00am
Laptop distribution: PU restrained from using funds

Laptop distribution: PU restrained from using funds

The Lahore High Court restrained the Punjab University (PU) for using huge university funds for laptop distribution ceremony. Former PU employees union president Chaudhry Nazir had contended in his petition that PU had allocated 30 million rupees for a fu
Published 23 Mar, 2012 12:00am
Ruet-i-Hilal committee meets today

Ruet-i-Hilal committee meets today

The Central Ruet-i-Hilal Committee will meet on Friday (today) to decide about the sighting of the Jamadi ul-Awwal moon. The meeting would be presided by the Chairman of the Central Ruet-i-Hilal Committee, Mufti Munib-ur-Rehman. The meeting will commence
Published 23 Mar, 2012 12:00am
Punjab government to distribute 110,000 laptops among students

Punjab government to distribute 110,000 laptops among students

The Punjab government is distributing 1,10,000 laptops worth Rs 3 billion among talented students during the current fiscal year while around 300,000 laptops worth Rs 12 billion will be distributed during FY 2012-13 on merit.
Published 23 Mar, 2012 12:00am
NAB approves voluntary return of Rs 98 million by Justice Qayyum

NAB approves voluntary return of Rs 98 million by Justice Qayyum

The Executive Board of the National Accountability Bureau (NAB) on Thursday approved the voluntary return of Rs 98 million by former Justice Malik Qayyum in Aglam Global Links (Pvt) Ltd (Qasr-e-Zauk) case. Malik Qayyum was the illegal beneficiary in this
Published 23 Mar, 2012 12:00am
No leads on French shooter in Afghanistan, Pakistan

No leads on French shooter in Afghanistan, Pakistan

Officials in Afghanistan and Pakistan told AFP on Thursday that they could not immediately trace the Toulouse gunman as having visited either country or held by US-led forces as announced in France. French prosecutor Francois Molins said Mohamed Merah cla
Published 23 Mar, 2012 12:00am
Punjab industries: five-day per week gas supply from March 26

Punjab industries: five-day per week gas supply from March 26

Federal Petroleum Minister Dr Asim Hussain announced on Thursday five days a week gas supply to industry in Punjab from March 26 onwards. He was speaking to members of All Pakistan Textile Mills Association (APMTA) through telephone, hoping for 24/7 gas s
Published 23 Mar, 2012 12:00am
President to visit Tajikistan

President to visit Tajikistan

President Asif Ali Zardari will visit Tajikistan at the invitation of his Tajik counterpart Imamali Rahman to attend Nauroz celebrations in Dushanbe on Sunday. Foreign Office Spokesman Abdul Basit told newsmen on Thursday that the visit would provide an o
Published 23 Mar, 2012 12:00am
Wage Award

Wage Award

The Supreme Court issued directives to the Chairman Implementation Tribunal for Newspaper Employees (ITNE) to implement the 7th Wage Board Award and disposed of a Civil Miscellaneous Application (CMA), filed by the PFUJ in this regard on Thursday.
Published 23 Mar, 2012 12:00am
'Around 10 million women not registered with ECP'

'Around 10 million women not registered with ECP'

The negligence of women in Pakistan can be judged with the fact that around 10 million women are not registered with the Election Commission of Pakistan (ECP) due to the fact that these women have not been registered with Nadra.
Published 23 Mar, 2012 12:00am
President approves appointment of 2 FSC, 5 LHC judges

President approves appointment of 2 FSC, 5 LHC judges

President Asif Ali Zardari on Thursday approved appointment of two Federal Shariat Court judges and five judges of Lahore High Court. According to details, former Justice Shaikh Ahmad Farooq and former Justice Muhammad Jehangir Arshad have been nominated
Published 23 Mar, 2012 12:00am
Troops beat up student; windstorm death toll reaches seven in IHK

Troops beat up student; windstorm death toll reaches seven in IHK

Indian troops ruthlessly beat up and injured a 15-year old student in Sopore town in occupied Kashmir. Indian troops arrested and beat up the ninth class student, Bilal Ahmad Ganie, without any reason at Rampora-Rajpore in the town, the relatives of victi
Published 23 Mar, 2012 12:00am
'Middlemen won't be allowed to sell wheat to Punjab Food Department'

'Middlemen won't be allowed to sell wheat to Punjab Food Department'

Commissioner Lahore Division Jawad Rafique Malik said on Friday that middlemen would not be allowed to sell wheat to the Punjab Food Department. Provision of gunny bags and purchase of wheat would be made as per policy of the government in the presence of
Published 23 Mar, 2012 12:00am
Khar, Munter discuss Pakistan's re-engagement with US

Khar, Munter discuss Pakistan's re-engagement with US

Foreign Minister Hina Rabbani Khar and United States Ambassador to Pakistan Cameron Munter on Thursday discussed Islamabad's re-engagement with Washington. According to Foreign Office, Ambassador Munter called on Foreign Minister Khar and discussed matter
Published 23 Mar, 2012 12:00am
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