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Print - 2012-03-27
Loadshedding dominates proceedings

Loadshedding dominates proceedings

The issue of loadshedding dominated the proceedings of the parliament as there was hardly any words on the recommendations of the Parliamentary Committee on National Security to chalk out a roadmap for Nato supply, future relations with the US and drone a
Published 27 Mar, 2012 12:00am
Advisory to growers

Advisory to growers

In line with the rain forecasts, the growers of agriculture plains of the country should irrigate their wheat crops as per need, the met office has advised. "Wheat crop is in flowering to wax maturity stages in the agriculture plains of the country. The c
Published 27 Mar, 2012 12:00am
Government signs accord with World Bank for social safety project

Government signs accord with World Bank for social safety project

The government signed an agreement with the World Bank amounting to $150 million as Additional Financing for Social Safety Net Project on Monday in the Economic Affairs Division (EAD). The objective of the project is to support the expansion and strengthe
Published 27 Mar, 2012 12:00am
The Weather

The Weather

The weather report on Monday (March 26, 2012) and the forecast for Tuesday (March 27, 2012).

Published 27 Mar, 2012 12:00am
Capacity-building: training course for district, sessions judges begins

Capacity-building: training course for district, sessions judges begins

A week long capacity building training course for District and Sessions Judges started in Punjab Judicial Academy (PJA) on Monday. Director General PJA, Justice Tanveer Ahmad Khan (Rtd), Provincial Secretary Law, Dr Abual Hassan Najmi, DG Human Rights and
Published 27 Mar, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
BFB concerned at growing share of oil in energy mix requirement

BFB concerned at growing share of oil in energy mix requirement

President Business Forum Punjab (BFP) Ibrahim Qureshi has expressed concern over growing share of oil in the energy mix requirement of the country. He said that the gas contribution to energy mix decreased to 48 percent in 2011 from 50 percent in 2006. Th
Published 27 Mar, 2012 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 27 Mar, 2012 12:00am
Nato strike: US apology 'not good enough', says Hina

Nato strike: US apology 'not good enough', says Hina

Foreign Minister Hina Rabbani Khar says an apology by the United States government for the Nato air strike on November 26, 2011 that killed 24 Pakistani soldiers would not satisfy Pakistan government, and the attack demanded a reassessment of Islamabad's
Published 27 Mar, 2012 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 27 Mar, 2012 12:00am
DPO asked to produce abducted girl on April 2

DPO asked to produce abducted girl on April 2

The Lahore High Court directed DPO Gujrat to produce a girl on April 02 who was abducted in September 2011 from Kharian. Earlier, the court expressed dissatisfaction over the statement of the DPO who informed the court that police are trying to recover th
Published 27 Mar, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
Aalmi Mushaira: attacker an ANP worker: MQM

Aalmi Mushaira: attacker an ANP worker: MQM

Muttahida Qaumi Movement (MQM) on Monday accused Awami National Party (ANP) of being involved in the attack on 'Almi Mushaira' organised by MQM on Sunday. Addressing a news conference at Nine Zero on Monday.
Published 27 Mar, 2012 12:00am
SPI records increase of 0.28 percent

SPI records increase of 0.28 percent

The National Price Monitoring Committee held its 12th meeting on Monday in Finance Division under the Chairmanship of Special Secretary Finance, which was attended by the representatives from the provinces of Punjab, Balochistan, Khyber Pakhthunkhwa, Isla
Published 27 Mar, 2012 12:00am
PCRET to install 368 biogas plants in rural areas

PCRET to install 368 biogas plants in rural areas

Pakistan Council of Renewable Energy Technologies (PCRET) will install 368 Biogas plants in different rural areas by the June 2012 under the project "Development and Promotion of Biogas Technology for meeting domestic fuel needs of rural areas and product
Published 27 Mar, 2012 12:00am
Automobile sector

Automobile sector

HISTORY: It was in early 50s that Pakistan saw its first vehicle in the form of Bedford truck. At that time the services and manufacturing sector had almost no contribution towards the economy as Pakistan's economy was completely agrarian and regul
Published 27 Mar, 2012 12:00am
Automobile sector

Automobile sector

HISTORY: It was in early 50s that Pakistan saw its first vehicle in the form of Bedford truck. At that time the services and manufacturing sector had almost no contribution towards the economy as Pakistan's economy was completely agrarian and regul
Published 27 Mar, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
WorldCall Telecom evaluating 3G auction

WorldCall Telecom evaluating 3G auction

WorldCall Telecom Limited (an Omantel Company) is evaluating opportunity provided by 3G license auction to expand its business operations and service play in Pakistan. The company is one of the most reliable and unique telecom and multimedia service provi
Published 27 Mar, 2012 12:00am
WorldCall Telecom evaluating 3G auction

WorldCall Telecom evaluating 3G auction

WorldCall Telecom Limited (an Omantel Company) is evaluating opportunity provided by 3G license auction to expand its business operations and service play in Pakistan. The company is one of the most reliable and unique telecom and multimedia service provi
Published 27 Mar, 2012 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
WorldCall Telecom evaluating 3G auction

WorldCall Telecom evaluating 3G auction

WorldCall Telecom Limited (an Omantel Company) is evaluating opportunity provided by 3G license auction to expand its business operations and service play in Pakistan. The company is one of the most reliable and unique telecom and multimedia service provi
Published 27 Mar, 2012 12:00am
Court to charge Osama's widows on April 2: lawyer

Court to charge Osama's widows on April 2: lawyer

A court will next week charge Osama bin Laden's widows and two of his grown-up daughters with illegal entry and residency, their lawyer told AFP on Monday. "The court will frame charges against five family members on April 2" in connection with illegal en
Published 27 Mar, 2012 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
Court to charge Osama's widows on April 2: lawyer

Court to charge Osama's widows on April 2: lawyer

A court will next week charge Osama bin Laden's widows and two of his grown-up daughters with illegal entry and residency, their lawyer told AFP on Monday. "The court will frame charges against five family members on April 2" in connection with illegal en
Published 27 Mar, 2012 12:00am
Suleman, Yousufzai yet to take charge

Suleman, Yousufzai yet to take charge

The newly-appointed managing director of Pakistan International Airlines, Rao Qamar Suleman did not take charge of his office on Monday. The government has issued notification of the appointment of Rao Qamar Suleman (former chief of Pakistan Air Force) as
Published 27 Mar, 2012 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
Suleman, Yousufzai yet to take charge

Suleman, Yousufzai yet to take charge

The newly-appointed managing director of Pakistan International Airlines, Rao Qamar Suleman did not take charge of his office on Monday. The government has issued notification of the appointment of Rao Qamar Suleman (former chief of Pakistan Air Force) as
Published 27 Mar, 2012 12:00am
Suleman, Yousufzai yet to take charge

Suleman, Yousufzai yet to take charge

The newly-appointed managing director of Pakistan International Airlines, Rao Qamar Suleman did not take charge of his office on Monday. The government has issued notification of the appointment of Rao Qamar Suleman (former chief of Pakistan Air Force) as
Published 27 Mar, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
NPIH to offload 17.44 percent stake in Hubco

NPIH to offload 17.44 percent stake in Hubco

Following the Xenel sell-off deal in October 2011, National Power International Holding (NPIH) has also decided to offload its entire 17.44 percent shareholding in Hub Power Company (Hubco). National Power International Holding BV has entered into share s
Published 27 Mar, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
NPIH to offload 17.44 percent stake in Hubco

NPIH to offload 17.44 percent stake in Hubco

Following the Xenel sell-off deal in October 2011, National Power International Holding (NPIH) has also decided to offload its entire 17.44 percent shareholding in Hub Power Company (Hubco). National Power International Holding BV has entered into share s
Published 27 Mar, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
NPIH to offload 17.44 percent stake in Hubco

NPIH to offload 17.44 percent stake in Hubco

Following the Xenel sell-off deal in October 2011, National Power International Holding (NPIH) has also decided to offload its entire 17.44 percent shareholding in Hub Power Company (Hubco). National Power International Holding BV has entered into share s
Published 27 Mar, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
Smuggled cigarettes: DGII&IR raiding retailers in Karachi''s posh areas

Smuggled cigarettes: DGII&IR raiding retailers in Karachi''s posh areas

Directorate General of Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue (FBR) raided the retailers of non-duty paid or smuggled cigarettes in posh areas of Karachi including Clifton and Defence. Sources told Business Recorder
Published 27 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 Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
Smuggled cigarettes: DGII&IR raiding retailers in Karachi's posh areas

Smuggled cigarettes: DGII&IR raiding retailers in Karachi's posh areas

Directorate General of Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue (FBR) raided the retailers of non-duty paid or smuggled cigarettes in posh areas of Karachi including Clifton and Defence. Sources told Business Recorder
Published 27 Mar, 2012 12:00am
Smuggled cigarettes: DGII&IR raiding retailers in Karachi's posh areas

Smuggled cigarettes: DGII&IR raiding retailers in Karachi's posh areas

Directorate General of Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue (FBR) raided the retailers of non-duty paid or smuggled cigarettes in posh areas of Karachi including Clifton and Defence. Sources told Business Recorder
Published 27 Mar, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
15 killed, 40 injured in road accident

15 killed, 40 injured in road accident

Fifteen people were killed and forty others sustained injuries when a bus overturned at Baghanwala Morh near Farooqabad, some 11 km from here on Monday. According to police, a bus (FSB-855) was heading towards Lahore from Sangla Hill when it turned turtle
Published 27 Mar, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
15 killed, 40 injured in road accident

15 killed, 40 injured in road accident

Fifteen people were killed and forty others sustained injuries when a bus overturned at Baghanwala Morh near Farooqabad, some 11 km from here on Monday. According to police, a bus (FSB-855) was heading towards Lahore from Sangla Hill when it turned turtle
Published 27 Mar, 2012 12:00am
RBS halts India tanker payment due to Iran sanctions

RBS halts India tanker payment due to Iran sanctions

The Royal Bank of Scotland has halted payments to a Greek ship owner which transported Iranian oil for an Indian shipping company, in line with Western sanctions aimed at hindering Iranian crude exports, shipping sources told Reuters. The European Union i
Published 27 Mar, 2012 12:00am
RBS halts India tanker payment due to Iran sanctions

RBS halts India tanker payment due to Iran sanctions

The Royal Bank of Scotland has halted payments to a Greek ship owner which transported Iranian oil for an Indian shipping company, in line with Western sanctions aimed at hindering Iranian crude exports, shipping sources told Reuters. The European Union i
Published 27 Mar, 2012 12:00am
THE RUPEE: no big change

THE RUPEE: no big change

Dollar move slightly on the local currency market on Monday in the process of trading. The rupee was marginally down losing two paisa for buying and selling at 90.80 and 90.82, respectively.
Published 27 Mar, 2012 12:00am
RBS halts India tanker payment due to Iran sanctions

RBS halts India tanker payment due to Iran sanctions

The Royal Bank of Scotland has halted payments to a Greek ship owner which transported Iranian oil for an Indian shipping company, in line with Western sanctions aimed at hindering Iranian crude exports, shipping sources told Reuters. The European Union i
Published 27 Mar, 2012 12:00am
THE RUPEE: no big change

THE RUPEE: no big change

Dollar move slightly on the local currency market on Monday in the process of trading. The rupee was marginally down losing two paisa for buying and selling at 90.80 and 90.82, respectively.
Published 27 Mar, 2012 12:00am
RBS halts India tanker payment due to Iran sanctions

RBS halts India tanker payment due to Iran sanctions

The Royal Bank of Scotland has halted payments to a Greek ship owner which transported Iranian oil for an Indian shipping company, in line with Western sanctions aimed at hindering Iranian crude exports, shipping sources told Reuters. The European Union i
Published 27 Mar, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
US needs faster growth to lower unemployment: Bernanke

US needs faster growth to lower unemployment: Bernanke

The US economy needs to grow more quickly to bring down the unemployment rate further, Federal Reserve Chairman Ben Bernanke said on Monday, defending the central bank''s policy of very low interest rates. While he offered no indication that the Fed is ke
Published 27 Mar, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
US needs faster growth to lower unemployment: Bernanke

US needs faster growth to lower unemployment: Bernanke

The US economy needs to grow more quickly to bring down the unemployment rate further, Federal Reserve Chairman Ben Bernanke said on Monday, defending the central bank's policy of very low interest rates. While he offered no indication that the Fed is kee
Published 27 Mar, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (March 26, 2012).

Published 27 Mar, 2012 12:00am
US needs faster growth to lower unemployment: Bernanke

US needs faster growth to lower unemployment: Bernanke

The US economy needs to grow more quickly to bring down the unemployment rate further, Federal Reserve Chairman Ben Bernanke said on Monday, defending the central bank's policy of very low interest rates. While he offered no indication that the Fed is kee
Published 27 Mar, 2012 12:00am
EU turns screw on ultra-fast trading

EU turns screw on ultra-fast trading

Banks should be banned from giving outside brokers direct access to markets as part of a sweeping crackdown on computerised high-frequency trading, a European Parliament report said on Monday. The report was the assembly''s initial response to a draft law
Published 27 Mar, 2012 12:00am
EU turns screw on ultra-fast trading

EU turns screw on ultra-fast trading

Banks should be banned from giving outside brokers direct access to markets as part of a sweeping crackdown on computerised high-frequency trading, a European Parliament report said on Monday. The report was the assembly's initial response to a draft law
Published 27 Mar, 2012 12:00am
EU turns screw on ultra-fast trading

EU turns screw on ultra-fast trading

Banks should be banned from giving outside brokers direct access to markets as part of a sweeping crackdown on computerised high-frequency trading, a European Parliament report said on Monday. The report was the assembly's initial response to a draft law
Published 27 Mar, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 27 Mar, 2012 12:00am
US general reviewing command of Bales unit

US general reviewing command of Bales unit

General John Allen, the top US commander in Afghanistan, said Monday that he is looking at possible contributing factors within the military unit's command structure that could have permitted a soldier to allegedly leave his base twice and slaughter 17 Af
Published 27 Mar, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 27 Mar, 2012 12:00am
US general reviewing command of Bales unit

US general reviewing command of Bales unit

General John Allen, the top US commander in Afghanistan, said Monday that he is looking at possible contributing factors within the military unit's command structure that could have permitted a soldier to allegedly leave his base twice and slaughter 17 Af
Published 27 Mar, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 27 Mar, 2012 12:00am
One US, two British soldiers killed in Afghanistan

One US, two British soldiers killed in Afghanistan

A US soldier was killed at an Afghan police checkpoint on Monday in the latest "insider attack" by local security forces, a US military official said. The assault in eastern Afghanistan was the second shooting incident of the day involving Afghans opening
Published 27 Mar, 2012 12:00am
One US, two British soldiers killed in Afghanistan

One US, two British soldiers killed in Afghanistan

A US soldier was killed at an Afghan police checkpoint on Monday in the latest "insider attack" by local security forces, a US military official said. The assault in eastern Afghanistan was the second shooting incident of the day involving Afghans opening
Published 27 Mar, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 27 Mar, 2012 12:00am
ISE down 14.74 points

ISE down 14.74 points

Bears dominated the proceedings on the 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 14.74 points as the ISE Ten Index moved from 2,738.14 to 2,723.40
Published 27 Mar, 2012 12:00am
ISE down 14.74 points

ISE down 14.74 points

Bears dominated the proceedings on the 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 14.74 points as the ISE Ten Index moved from 2,738.14 to 2,723.40
Published 27 Mar, 2012 12:00am
Equities move both ways on LSE

Equities move both ways on LSE

Equities on Monday moved both ways on the Lahore Stock Exchange and finally stayed in positive zone amid decreased trading turnover due to the investors' cautious approach. The LSE-25 index gained 27.73 points and was closed at 3479.70 against 3451.97 of
Published 27 Mar, 2012 12:00am
Equities move both ways on LSE

Equities move both ways on LSE

Equities on Monday moved both ways on the Lahore Stock Exchange and finally stayed in positive zone amid decreased trading turnover due to the investors' cautious approach. The LSE-25 index gained 27.73 points and was closed at 3479.70 against 3451.97 of
Published 27 Mar, 2012 12:00am
Iran-bound Brazilian sugar ship hijacked off India

Iran-bound Brazilian sugar ship hijacked off India

An Iranian bulk carrier of Brazilian sugar was hijacked in the eastern Indian Ocean early on Monday with 23 crew on board, international shipping monitors said. The Eglantine, which according to Reuters shipping data loaded in Rio de Janeiro in late Febru
Published 27 Mar, 2012 12:00am
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