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Print - 2012-04-11
Heyward next Australian High Commissioner to Pakistan

Heyward next Australian High Commissioner to Pakistan

Australian Foreign Minister Bob Carr on April 7 announced that Peter Heyward will be the next Australian High Commissioner to Pakistan. Heyward is expected to take up his appointment in June 2012. He will replace Timothy George who has been High Commissio
Published 11 Apr, 2012 12:00am
Tension grips city after JSQM's strike call

Tension grips city after JSQM's strike call

Tension prevailed in several parts of the city after the strike call given by Jeay Sindh Qaumi Mahaz (JSQM) here on Tuesday against the post-mortem report of late Bashir Qureshi. All Sindhi dominated areas including Steel Town, Gulistan-e-Jauhar, Safora G
Published 11 Apr, 2012 12:00am
Budget must be focused on energy sector: LCCI

Budget must be focused on energy sector: LCCI

The budget for the year 2012-13 must be focused on energy sector as country's economic revival hinges on availability of cheaper and uninterrupted power and gas supply. This was the crux of the Lahore Chamber of Commerce and Industry (LCCI) budget proposa
Published 11 Apr, 2012 12:00am
Two political activists among four killed

Two political activists among four killed

At least four persons including two political workers killed in separate incidents at various parts of the metropolis here on Tuesday. According to police and rescue sources, an activist of MQM-H was shot dead near Model Park Malir Tank in the limits of S
Published 11 Apr, 2012 12:00am
Saudi embassy given seven acres of land

Saudi embassy given seven acres of land

The government has provided seven acres of land to Saudi Arabia in the Diplomatic Enclave free of cost for construction of residential complex for the embassy staff and a school, it was learnt. The allotment latter of the land was handed over to Saudi Amb
Published 11 Apr, 2012 12:00am
Zardari advocates for tapping huge Pak-Saudi trade potential

Zardari advocates for tapping huge Pak-Saudi trade potential

President Asif Ali Zardari has said there exists huge potential of trade and economic activities between Pakistan and Saudi Arabia, adding that for tapping this enormous potential it is important that the existing mechanisms such as Joint Ministerial Comm
Published 11 Apr, 2012 12:00am
Weapons recovered from Manchester-bound passenger

Weapons recovered from Manchester-bound passenger

The Federal Investigation Agency (FIA) on Tuesday recovered weapons from the bag of a passenger who was flying to Manchester from Benazir International Airport Islamabad. An official said that FIA official recovered a short gun, a pistol and 126 bullets f
Published 11 Apr, 2012 12:00am
FTO helps leading MNC obtain refund from LTU

FTO helps leading MNC obtain refund from LTU

A multinational company operating in 140 countries and thinking of pulling out its investment from Pakistan, is now ready to continue its businesses and operations due to timely order of Federal Tax Ombudsman (FTO) Dr Muhammad Shoaib Suddle who helped the
Published 11 Apr, 2012 12:00am
Tree plantation campaign at GCU

Tree plantation campaign at GCU

Government College University (GCU) Lahore, Botany Department students and faculty members on Wednesday planted 2000 saplings at the GCU old campus as a part of tree plantation campaign initiated by the Punjab Forestry Department across the province.
Published 11 Apr, 2012 12:00am
Five state-run schools rehabilitated in Bajaur Agency

Five state-run schools rehabilitated in Bajaur Agency

To improve the educational standard in conflict-hit areas, the political administration has rehabilitated five state-run schools in various areas of Bajaur Agency by constructing classrooms, boundary walls, main gates and providing basic furniture and oth
Published 11 Apr, 2012 12:00am
PML-N, ANP MPs trade barbs during parliament's joint sitting

PML-N, ANP MPs trade barbs during parliament's joint sitting

The Awami National Party (ANP) on Tuesday came under sharp attack during the joint-sitting of parliament with members from major opposition political party, Pakistan Muslim League-Nawaz (PML-N) slamming the party for using 'derogatory' language against Pa
Published 11 Apr, 2012 12:00am
Punjab chief minister takes note of student's kidnapping

Punjab chief minister takes note of student's kidnapping

The Punjab Chief Minister Muhammad Shahbaz Sharif on Tuesday has taken strict notice of the kidnapping and molesting of a girl student, Sidra of Bahawalnagar and also directed the IG Punjab to take stern action against the accused and submit a report.
Published 11 Apr, 2012 12:00am
No one will be allowed to do game with courts: LHC CJ

No one will be allowed to do game with courts: LHC CJ

The Lahore High Court (LHC) Chief Justice remarked on Tuesday that "No one will be allowed to do game with the courts." He observed that bureaucracy has started following the Punjab government in not complying with the court orders directed IGP to produce
Published 11 Apr, 2012 12:00am
LSE suspends Y S Securities and Services membership

LSE suspends Y S Securities and Services membership

The Board of Directors of the Lahore Stock Exchange has suspended the membership of Y.S. Securities and Services Private Limited. The investors brought in the notice of the LSE management that all the branch offices of Y.S. Securities and Services were be
Published 11 Apr, 2012 12:00am
'Pupils spending time on Facebook do worse in exams'

'Pupils spending time on Facebook do worse in exams'

Experts have confirmed what parents and teachers already feared youngsters who use Facebook do worse in exams. A study showed that most pupils who regularly surf the social networking site under-perform in tests some by as much as a grade, Xinhua reported
Published 11 Apr, 2012 12:00am
Iqbal takes charge as Acting Punjab Governor

Iqbal takes charge as Acting Punjab Governor

Speaker Punjab Assembly, Rana Muhammad Iqbal on Tuesday took charge as Governor of Punjab in the absence of Sardar Latif Khan Khosa, who has proceeded abroad, said a notification. He will continue to perform his duties as Acting Governor Punjab till the r
Published 11 Apr, 2012 12:00am
In-service courses made compulsory for judges

In-service courses made compulsory for judges

Chief Justice of Lahore High Court Sheikh Azmat Saeed has said that promotion and posting of judicial officers would be linked to their skills and expertise. He was speaking at a meeting with the delegation of Shariah course participants on Tuesday.
Published 11 Apr, 2012 12:00am
Snowfall expected over Siachen, surrounding areas

Snowfall expected over Siachen, surrounding areas

In view of Siachen tragedy, the National Weather Forecasting Centre (NWFC) is operating round the clock duly supported by satellite/radar information system, Met office said on Tuesday. Updates about weather may be obtained as and when required through fo
Published 11 Apr, 2012 12:00am
Chemical tank's ceiling blows off causing big fire

Chemical tank's ceiling blows off causing big fire

A ceiling of a chemical tank of a private company was blown off near oil installation in Keamari area here on Tuesday evening, causing an inferno, KPT Fire Station sources said. A fire extinguishing officer said that due to excessive gas in a chemical tan
Published 11 Apr, 2012 12:00am
One-dish law, timings: DCO takes notice of violation

One-dish law, timings: DCO takes notice of violation

DCO Lahore Noor-ul-Amin Mengal on Tuesday has taken notice of not arresting the violators of one dish law and timings at marriage functions, and issued order tothe concerned officials to ensure arrests of the violators besides registering a case against t
Published 11 Apr, 2012 12:00am
IDCBA lawyers observe strike

IDCBA lawyers observe strike

The lawyers of the Federal Capital on Tuesday observed a complete strike to protest the kidnapping and murder of their colleagues and judges in Hunza-Nagar and Baltistan. The Islamabad District Court Bar Association (IDCBA) called for a strike and the law
Published 11 Apr, 2012 12:00am
Prime Minister convenes cabinet meeting today

Prime Minister convenes cabinet meeting today

Prime Minister, Yousuf Raza Gilani, has convened Federal Cabinet meeting on Wednesday, he would exchange views on a 12-point agenda. The meeting will ponder over the Pak-US future ties approval from the Parliament, energy crisis and Pakistan Steel's finan
Published 11 Apr, 2012 12:00am
Pakistan needs evolution instead of revolution: Lord Nazir

Pakistan needs evolution instead of revolution: Lord Nazir

Renowned British politician and first Muslim and youngest member of British House of Lords, Lord Nazir Ahmed has said that Pakistan needed evolution instead of revolution. He was speaking at a seminar on "International scenario, Pakistan and our Responsib
Published 11 Apr, 2012 12:00am
Bullion Rates

Bullion Rates

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

Published 11 Apr, 2012 12:00am
Bullion Rates

Bullion Rates

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

Published 11 Apr, 2012 12:00am
15 ministries submit demands for budget allocation 2012-13

15 ministries submit demands for budget allocation 2012-13

Fifteen Federal Ministries and divisions have submitted their demands for budget allocation in the next financial year 2012-13. Sources said the five-day priorities committees meetings began in Ministry of Finance and as many as 15 ministries and division
Published 11 Apr, 2012 12:00am
The Weather

The Weather

The weather forecast is not being published as the Met Office did not update its Website on Tuesday.

Published 11 Apr, 2012 12:00am
IPCCI hails President's visit

IPCCI hails President's visit

India-Pakistan Chamber of Commerce and Industry, (IPCCI) President, S.M. Muneer, has hailed the visit of President Asif Ali Zardari to India. In a statement issued on Tuesday, President IPCCI said that the visit was a positive sign and reflection of the d
Published 11 Apr, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 11 Apr, 2012 12:00am
President briefs allies about his visit to India

President briefs allies about his visit to India

A meeting of heads of allied parties was held in the Presidency Tuesday night with President Asif Ali Zardari and Prime Minister Syed Yousuf Raza Gilani in the chair. The meeting was attended by Senator Chaudhry Shujaat Hussain, Asfandyar Wali Khan, Senat
Published 11 Apr, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (April 10, 2012) and for Wednesday (April 11, 2012).
Published 11 Apr, 2012 12:00am
PIA appoints district manager Lahore

PIA appoints district manager Lahore

Muhammad Umer Draz Awan has taken over Pakistan International Airline (PIA) Lahore as District Manager. According to a PIA's spokesperson on Tuesday, Muhammad Umer Draz Awan carries with him extensive marketing and administrative experience. Prior to his
Published 11 Apr, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (April 10, 2012).

Published 11 Apr, 2012 12:00am
Punjab Sports Festival to be nominated for Guinness Book

Punjab Sports Festival to be nominated for Guinness Book

Deputy Speaker Rana Mashhood here on Tuesday announced to nominate the Punjab Sports Festival 2012 for the Guinness Book of World Record. He appreciated the efforts of the Sports Board Punjab's employees and the co-operation of media for holding such a me
Published 11 Apr, 2012 12:00am
Suicide attacks kill 19 in Afghanistan

Suicide attacks kill 19 in Afghanistan

Suicide bombers killed at least nineteen people in attacks across Afghanistan on Tuesday, including 11 Afghan police, as insurgents ramped up violence ahead of the traditional summer fighting months. Two bombers, including one wearing a head-to-toe coveri
Published 11 Apr, 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 (April 10, 2012).

Published 11 Apr, 2012 12:00am
Suicide attacks kill 19 in Afghanistan

Suicide attacks kill 19 in Afghanistan

Suicide bombers killed at least nineteen people in attacks across Afghanistan on Tuesday, including 11 Afghan police, as insurgents ramped up violence ahead of the traditional summer fighting months. Two bombers, including one wearing a head-to-toe coveri
Published 11 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 11 Apr, 2012 12:00am
Five 9/11 accused get May 5 Guantanamo court date

Five 9/11 accused get May 5 Guantanamo court date

The alleged mastermind of the September 11, 2001 attacks and his four accused co-plotters will be formally charged by a military tribunal on May 5 at Guantanamo Bay, US officials said Tuesday. Military judge James Pohl has fixed the date for the arraignme
Published 11 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 11 Apr, 2012 12:00am
Five 9/11 accused get May 5 Guantanamo court date

Five 9/11 accused get May 5 Guantanamo court date

The alleged mastermind of the September 11, 2001 attacks and his four accused co-plotters will be formally charged by a military tribunal on May 5 at Guantanamo Bay, US officials said Tuesday. Military judge James Pohl has fixed the date for the arraignme
Published 11 Apr, 2012 12:00am
SBP sets Rs 285 billion agriculture loan target

SBP sets Rs 285 billion agriculture loan target

The State Bank of Pakistan has set Rs 285 billion target for disbursement of agriculture loan among small farmers for current fiscal year. Director Development Finance of SBP Karachi, Dr Muhammad Saleem said this while addressing "Agricultural & Industria
Published 11 Apr, 2012 12:00am
SBP sets Rs 285 billion agriculture loan target

SBP sets Rs 285 billion agriculture loan target

The State Bank of Pakistan has set Rs 285 billion target for disbursement of agriculture loan among small farmers for current fiscal year. Director Development Finance of SBP Karachi, Dr Muhammad Saleem said this while addressing "Agricultural & Industria
Published 11 Apr, 2012 12:00am
THE RUPEE: dollar higher in interbank deals

THE RUPEE: dollar higher in interbank deals

The rupee continued its decline against dollar in the interbank market, while, it did not show any change versus the greenback in the open dealings on Tuesday, dealers said. The rupee extended its slide in terms of dollar, losing 11 paisa for buying at 90
Published 11 Apr, 2012 12:00am
SBP sets Rs 285 billion agriculture loan target

SBP sets Rs 285 billion agriculture loan target

The State Bank of Pakistan has set Rs 285 billion target for disbursement of agriculture loan among small farmers for current fiscal year. Director Development Finance of SBP Karachi, Dr Muhammad Saleem said this while addressing "Agricultural & Industria
Published 11 Apr, 2012 12:00am
THE RUPEE: dollar higher in interbank deals

THE RUPEE: dollar higher in interbank deals

The rupee continued its decline against dollar in the interbank market, while, it did not show any change versus the greenback in the open dealings on Tuesday, dealers said. The rupee extended its slide in terms of dollar, losing 11 paisa for buying at 90
Published 11 Apr, 2012 12:00am
US says Indian embassy receives threat, no bomb found

US says Indian embassy receives threat, no bomb found

The United States said that the Indian embassy in Washington was evacuated after it received a bomb threat on Tuesday but a search of its facilities turned up no explosive device. "I can confirm that there was a bomb threat at the Indian embassy in Washin
Published 11 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

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

Published 11 Apr, 2012 12:00am
US says Indian embassy receives threat, no bomb found

US says Indian embassy receives threat, no bomb found

The United States said that the Indian embassy in Washington was evacuated after it received a bomb threat on Tuesday but a search of its facilities turned up no explosive device. "I can confirm that there was a bomb threat at the Indian embassy in Washin
Published 11 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

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

Published 11 Apr, 2012 12:00am
PSO fuelling army's Siachen relief operations!

PSO fuelling army's Siachen relief operations!

Pakistan State Oil (PSO) is fuelling relief efforts being undertaken in the Siachen Glacier region, supplying high-speed diesel (HSD) to the Pakistan Army. According to a press release issued here on Tuesday, PSO has dispatched an immediate consignment of
Published 11 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

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

Published 11 Apr, 2012 12:00am
PSO fuelling army's Siachen relief operations!

PSO fuelling army's Siachen relief operations!

Pakistan State Oil (PSO) is fuelling relief efforts being undertaken in the Siachen Glacier region, supplying high-speed diesel (HSD) to the Pakistan Army. According to a press release issued here on Tuesday, PSO has dispatched an immediate consignment of
Published 11 Apr, 2012 12:00am
In Syria, killing goes on despite Annan plan

In Syria, killing goes on despite Annan plan

Syrian troops killed 31 people on Tuesday, pursuing a fierce assault on President Bashar al-Assad's opponents instead of silencing their big guns and leaving towns as promised under a fraying international peace plan.
Published 11 Apr, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (April 10, 2012).

Published 11 Apr, 2012 12:00am
In Syria, killing goes on despite Annan plan

In Syria, killing goes on despite Annan plan

Syrian troops killed 31 people on Tuesday, pursuing a fierce assault on President Bashar al-Assad's opponents instead of silencing their big guns and leaving towns as promised under a fraying international peace plan.
Published 11 Apr, 2012 12:00am
India takes US visa fee hike to WTO

India takes US visa fee hike to WTO

India is challenging the United States at the World Trade Organisation over increased visa fees for skilled workers that have hit the country''s flagship outsourcing firms, an official said Tuesday. "We are pursuing this at the consultation level. It is o
Published 11 Apr, 2012 12:00am
India takes US visa fee hike to WTO

India takes US visa fee hike to WTO

India is challenging the United States at the World Trade Organisation over increased visa fees for skilled workers that have hit the country's flagship outsourcing firms, an official said Tuesday. "We are pursuing this at the consultation level. It is ou
Published 11 Apr, 2012 12:00am
India takes US visa fee hike to WTO

India takes US visa fee hike to WTO

India is challenging the United States at the World Trade Organisation over increased visa fees for skilled workers that have hit the country's flagship outsourcing firms, an official said Tuesday. "We are pursuing this at the consultation level. It is ou
Published 11 Apr, 2012 12:00am
Egyptian court blocks creation of constitutional assembly

Egyptian court blocks creation of constitutional assembly

An Egyptian court on Tuesday halted a move to create a new constitutional assembly pending a ruling on its legality, challenging the legitimacy of a body spurned by liberal and Christian groups because of its domination by Islamists. The injunction slappe
Published 11 Apr, 2012 12:00am
Egyptian court blocks creation of constitutional assembly

Egyptian court blocks creation of constitutional assembly

An Egyptian court on Tuesday halted a move to create a new constitutional assembly pending a ruling on its legality, challenging the legitimacy of a body spurned by liberal and Christian groups because of its domination by Islamists. The injunction slappe
Published 11 Apr, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Apr, 2012 12:00am
Domestic fuel use down 11 percent

Domestic fuel use down 11 percent

The country''s oil consumption has declined by 11 per cent in March 2012 by comparison with the figures for the same period last year, analysts said on Tuesday. The decline was led by a fall in the sales of furnace oil (FO) and jet fuel, they said. Encour
Published 11 Apr, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Apr, 2012 12:00am
Domestic fuel use down 11 percent

Domestic fuel use down 11 percent

The country's oil consumption has declined by 11 per cent in March 2012 by comparison with the figures for the same period last year, analysts said on Tuesday. The decline was led by a fall in the sales of furnace oil (FO) and jet fuel, they said. Encoura
Published 11 Apr, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 11 Apr, 2012 12:00am
Domestic fuel use down 11 percent

Domestic fuel use down 11 percent

The country's oil consumption has declined by 11 per cent in March 2012 by comparison with the figures for the same period last year, analysts said on Tuesday. The decline was led by a fall in the sales of furnace oil (FO) and jet fuel, they said. Encoura
Published 11 Apr, 2012 12:00am
Nawaz asks Habib to tender apology

Nawaz asks Habib to tender apology

Pakistan Muslim League-N President Muhammad Nawaz Sharif here on Monday sent a legal notice to the then chief of defunct Mehran Bank, Younis Habib, asking him to tender an apology for what he said defaming him by levelling false allegations against him. S
Published 11 Apr, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 Apr, 2012 12:00am
Nawaz asks Habib to tender apology

Nawaz asks Habib to tender apology

Pakistan Muslim League-N President Muhammad Nawaz Sharif here on Monday sent a legal notice to the then chief of defunct Mehran Bank, Younis Habib, asking him to tender an apology for what he said defaming him by levelling false allegations against him. S
Published 11 Apr, 2012 12:00am
Change of Foreign Minister contradicted

Change of Foreign Minister contradicted

Contrary to media reports, Foreign Minister Hina Rabbani Khar on Tuesday dispelled the impression that the government was considering to remove her as the country's Foreign Minister. Media reports, however, claimed that the government was planning to remo
Published 11 Apr, 2012 12:00am
Change of Foreign Minister contradicted

Change of Foreign Minister contradicted

Contrary to media reports, Foreign Minister Hina Rabbani Khar on Tuesday dispelled the impression that the government was considering to remove her as the country's Foreign Minister. Media reports, however, claimed that the government was planning to remo
Published 11 Apr, 2012 12:00am
Contempt case: Babar Awan submits unconditional apology

Contempt case: Babar Awan submits unconditional apology

Former Federal Law Minister Babar Awan Tuesday submitted an unconditional apology to the Supreme Court in a contempt of court case in relation to a reportedly press conference where he, made highly objectionable remarks against court's December 1, 2010 or
Published 11 Apr, 2012 12:00am
Contempt case: Babar Awan submits unconditional apology

Contempt case: Babar Awan submits unconditional apology

Former Federal Law Minister Babar Awan Tuesday submitted an unconditional apology to the Supreme Court in a contempt of court case in relation to a reportedly press conference where he, made highly objectionable remarks against court's December 1, 2010 or
Published 11 Apr, 2012 12:00am
Price hike: law for revival of executive magistracy system finalised

Price hike: law for revival of executive magistracy system finalised

The government has finalised the law in consultation with the provinces to revive the executive magistracy system in the country to empower district governments to take necessary measures to control unjust price hike in the country, it was learnt.
Published 11 Apr, 2012 12:00am
Price hike: law for revival of executive magistracy system finalised

Price hike: law for revival of executive magistracy system finalised

The government has finalised the law in consultation with the provinces to revive the executive magistracy system in the country to empower district governments to take necessary measures to control unjust price hike in the country, it was learnt.
Published 11 Apr, 2012 12:00am
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