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Print - 2012-04-21
Training programme for energy professionals held

Training programme for energy professionals held

Small and Medium Enterprises Development Authority (SMEDA), All Pakistan Textile Mills Association (APTMA), German International Co-operation (GIZ), Training and Development Centre for the Bavarian Employers' Association (BFZ) organised a four-day Energy
Published 21 Apr, 2012 12:00am
Green benches: LHC to hear cases on every Friday

Green benches: LHC to hear cases on every Friday

The green benches and courts, established recently, in Punjab to hear cases relating to environment issues on every Friday. Talking to the media on Friday, Registrar Lahore High Court Sohail Nasir said Friday had been declared as a green day and all LHC g
Published 21 Apr, 2012 12:00am
Nato routes: Difa-e-Pakistan Council holds five rallies

Nato routes: Difa-e-Pakistan Council holds five rallies

Difa-e-Pakistan Council on Friday took out five rallies in Multan to condemn the resumption of Nato supplies and fixation of bounty for Hafiz Muhammad Saeed by US. A rally was taken out from Masoom Shah Road led by Hafiz Abdul Ghaffar of Jamaat-ud-Dawah.
Published 21 Apr, 2012 12:00am
One man's TRASH is another man's TREASURE

One man's TRASH is another man's TREASURE

'Adriatic Voyages', a venture by students of BBA- 4B, took an initiative for the welfare of the society by organising a 'Cruise for a Cause'. On 25th march 2012, 'THE CALYPSO' embarked on the voyage from the Marina Club. The objective behind the cruise, w
Published 21 Apr, 2012 12:00am
Export of Halal meat: country can earn more foreign exchange: Shahbaz

Export of Halal meat: country can earn more foreign exchange: Shahbaz

Punjab Chief Minister Shahbaz Sharif has said that Pakistan can earn precious foreign exchange by exploiting the international market of Halal meat. He said that a state-of-the-art slaughterhouse has been set up at Shahpur Kanjran for providing fresh and
Published 21 Apr, 2012 12:00am
Siachen incident: prayers offered for troops' safety

Siachen incident: prayers offered for troops' safety

Special prayers were offered here by Pakistan Sunni Tehreek on Friday for the safety of army men trapped in Siachen. Speaking on the occasion, Sunni Tehreek Provincial President Muhammad Shadab Raza said, "We want to maintain relations with all countries
Published 21 Apr, 2012 12:00am
JI criticises government, PML-N

JI criticises government, PML-N

Jamaat-e-Islami, Ameer, Syed Munawar Hasan, has said that defeat of USA in Afghanistan is writing on the wall and President Zardari and Prime Minister Gilani can not change the defeat of US into victory. While addressing the Friday congregation at Mansoor
Published 21 Apr, 2012 12:00am
Cabinet expansion challenged

Cabinet expansion challenged

A petition challenging the appointment of new federal ministers has been filed in the Lahore High Court (LHC) for being their alleged involvement in corruption cases. A Bar member said the Supreme Court had directed the federal government to initiate crim
Published 21 Apr, 2012 12:00am
Punjab University vice chancellor opens woman faculty rooms

Punjab University vice chancellor opens woman faculty rooms

Punjab University Vice Chancellor Professor Dr Mujahid Kamran on Friday inaugurated newly constructed female faculty rooms and a common room for female faculty at Punjab University College of Information Technology. PUCIT Principal Professor Dr Mansoor Sa
Published 21 Apr, 2012 12:00am
Minister promises funds for Kurram Tangi dam project

Minister promises funds for Kurram Tangi dam project

The government is assigning top priority to Kurram Tangi dam project and will allocate enough funds for its completion in the next fiscal budget, federal Minister for Water and Power, Naveed Qamar said on Friday. He was addressing at the inaugural ceremon
Published 21 Apr, 2012 12:00am
OBL family to be asked about destination

OBL family to be asked about destination

Interior Minister Rehman Malik on Friday directed Chief Commissioner Islamabad to hold a meeting with Osama Bin Ladin (OBL) family and enquire from his widows as to which country they wanted to go.
Published 21 Apr, 2012 12:00am
Infant mortality rate shows upward trend: FAFEN

Infant mortality rate shows upward trend: FAFEN

Cases of infant mortality went up in January as compared to the previous months. At present on average 65 children die per district before their first birthday as compared to 56 in December and 51 in November 2011. Of the 34 districts that registered 2,21
Published 21 Apr, 2012 12:00am
Khyber Pakhtunkhwa governor inaugurates polio campaign

Khyber Pakhtunkhwa governor inaugurates polio campaign

Khyber Pakhtunkhwa Governor, Barrister Masood Kausar on Friday inaugurated a three-day national immunisation campaign for the eradication of polio, which will start from April 23. Speaking on the occasion, the Governor while highly eulogising the devoted
Published 21 Apr, 2012 12:00am
PSMA urges FBR to reduce turnover tax

PSMA urges FBR to reduce turnover tax

Pakistan Steel Melters Association (PSMA) has proposed the Federal Board of Revenue (FBR) to reduce turnover tax from existing one percent to 0.2 percent in the coming budget (2012-2013) in view of low profits of the industry. Sources said that PSMA in it
Published 21 Apr, 2012 12:00am
CNG stations: shutdown notice

CNG stations: shutdown notice

Sui Southern Gas Company (SSGC) has announced the schedule for closure of CNG stations for the current week. According to a press release issued here, all the CNG stations in Sindh will remain closed for 24 hours from 09:00am on Saturday (April 21) till 0
Published 21 Apr, 2012 12:00am
Fehmida urges youth to promote human values

Fehmida urges youth to promote human values

There is a need for the country's youth to foster human values of fraternity, brotherhood and truthfulness, Speaker of the National Assembly Dr Fehmida Mirza said on Friday. In a message on the occasion of the death anniversary of Allama Muhammad Iqbal, s
Published 21 Apr, 2012 12:00am
Rice production down 30 percent in 2010-11

Rice production down 30 percent in 2010-11

The area under cultivation and total output of rice crop decreased by 18 percent and 30 percent respectively during 2010-11 due to floods and breaches in protective bunds of river Indus as well as low market returns. This was revealed in a report titled '
Published 21 Apr, 2012 12:00am
Several power, water supply schemes in progress: Qamar

Several power, water supply schemes in progress: Qamar

Federal Minister for Water and Power Naveed Qamar has said that Federal government has launched several large and small schemes for resolution of the problems of power supply and water in southern districts of Khyber Pakhtunkhwa. He expressed these views
Published 21 Apr, 2012 12:00am
PAMCO holds workshop for veterinary officers

PAMCO holds workshop for veterinary officers

Punjab Agriculture and Meat Company (PAMCO) arranged a capacity building workshop for veterinary officers to update them about the latest trends in the livestock sector. Around 20 officers from different districts of the province participated in this work
Published 21 Apr, 2012 12:00am
Graduation Ceremony of Combat Commanders' Course held

Graduation Ceremony of Combat Commanders' Course held

The Graduation Ceremony of Combat Commanders' Course was held at PAF Combat Commanders' School, Pakistan Air Force Base Mushaf, Sargodha, says a press release issued here on Friday. Air Chief Marshal Tahir Rafique Butt, Chief of the Air Staff, Pakistan Ai
Published 21 Apr, 2012 12:00am
Un-manufactured tobacco: FBR rejects proposal to abolish FED

Un-manufactured tobacco: FBR rejects proposal to abolish FED

The Federal Board of Revenue (FBR) has rejected a proposal of cigarette manufacturers of Mardan to abolish Federal Excise Duty (FED) of Rs 10 per kg on the un-manufactured tobacco in the upcoming budget (2012-2013). Sources told Business Recorder h
Published 21 Apr, 2012 12:00am
The Weather

The Weather

The weather report on Friday (April 20, 2012) and the forecast for Saturday (April 21, 2012).

Published 21 Apr, 2012 12:00am
SRO-191: FBR chief agrees to withdraw CNIC/NTN conditions

SRO-191: FBR chief agrees to withdraw CNIC/NTN conditions

The Federal Board of Revenue (FBR) Chairman has agreed to suspend the condition of CNIC/NTN with regards to SRO-191 and also extended the date of filing the GST return up to April 25. He agreed to withdraw the condition after a lot of discussion with a de
Published 21 Apr, 2012 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 17, 2012.

Published 21 Apr, 2012 12:00am
Dispute resolution forum: 'No CCI meeting until May 9'

Dispute resolution forum: 'No CCI meeting until May 9'

While it is mandatory for the prime minister to call a meeting of the Council of Common Interest (CCI) at least once in three months, but no meeting is scheduled until May 9, sources told Business Recorder on Friday. The last CCI meeting was held o
Published 21 Apr, 2012 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 17, 2012.

Published 21 Apr, 2012 12:00am
Farmers advised to begin wheat harvesting

Farmers advised to begin wheat harvesting

Farmers are advised to start harvesting after the full matured of wheat crop with a view to provide land for the timely cultivation of cotton crop, the met office said on Friday. It said wheat crop was growing to full maturity in the agriculture plains of
Published 21 Apr, 2012 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 17, 2012.

Published 21 Apr, 2012 12:00am
Young doctors call off strike

Young doctors call off strike

All the young doctors called off their strike and joined their duties on Friday after successful dialogues with the Ministry of Health, Punjab. They performed their duties with senior doctors in the out patient departments (OPDs). However heavy police con
Published 21 Apr, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 20, 2012).

Published 21 Apr, 2012 12:00am
Gas supply to Dawood Hercules Fertiliser suspended

Gas supply to Dawood Hercules Fertiliser suspended

Dawood Hercules Corporation Limited today announced that gas supply to DH Fertiliser plant (A wholly-owned subsidiary of Dawood Hercules Corporation Limited) was suspended on April 19 by the Sui Northern Gas Pipeline Limited (SNGPL). The gas supply was be
Published 21 Apr, 2012 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 21 Apr, 2012 12:00am
Over 700 scholars receive degrees at Nust Convocation

Over 700 scholars receive degrees at Nust Convocation

Over 700 scholars received degrees in the disciplines of engineering, medical sciences, management sciences, information technology, physics and mathematics during the seventh Postgraduate Convocation of National University of Sciences and Technology (Nus
Published 21 Apr, 2012 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 21 Apr, 2012 12:00am
Punjab mulling setting up revenue collection authority

Punjab mulling setting up revenue collection authority

The constitution of proposed Punjab Revenue Authority (PRA) would enable the provincial government to directly collect General Sales Tax (GST) on services, it is learnt on Friday. The Punjab government is expected to set up PRA on the pattern of Sindh Rev
Published 21 Apr, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (April 20, 2012).

Published 21 Apr, 2012 12:00am
LHC rejects old primary school's shifting

LHC rejects old primary school's shifting

The Lahore High Court (LHC) here on Friday sets aside district government's notification of shifting a 34 years old primary school from Wahdat Colony to Bhabra stop Gulberg. A local resident of the area Nadeem had challenged the shifting and pleaded that
Published 21 Apr, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (April 20, 2012) and for Saturday (April 21, 2012).
Published 21 Apr, 2012 12:00am
India, Pakistan should promote brotherly relations: Indian Old Ravians

India, Pakistan should promote brotherly relations: Indian Old Ravians

India and Pakistan should promote brotherly relations and mutually demilitarise the dispute areas including Siachen Glacier, as it is in the interest of both countries, said the Indian Old Ravians while talking to media at press conference here at the Gov
Published 21 Apr, 2012 12:00am
Lubricant oil: APLMA for introducing price control mechanism

Lubricant oil: APLMA for introducing price control mechanism

All Pakistan Lubricants Manufacturers Association Chairman (APLMA) Mian Zahid Husain has expressed concern that the prices of lubricant oil will go up by Rs 3 per litre if the prices of lube base oil is increased by Rs 2 per litre. He criticised Attock Oi
Published 21 Apr, 2012 12:00am
Smeda educates PHRS beneficiaries about business skills

Smeda educates PHRS beneficiaries about business skills

Small and Medium Enterprise Development Authority (Smeda) on Friday started imparting 'Business Management Skills' to the beneficiaries of Pakhtunkhwa Hunermand Rozgar Scheme (PHRS) to enable them in beginning successful entrepreneurship. The training was
Published 21 Apr, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (April 20, 2012).

Published 21 Apr, 2012 12:00am
APML begins party reorganisation work

APML begins party reorganisation work

All Pakistan Muslim League (APML) has announced the commencement of its reorganisation in Southern parts of Punjab, said Central Vice President and Chief Organiser APML Punjab Chaudhry Muhammad Ashraf on Friday. Ashraf said that the party's organising com
Published 21 Apr, 2012 12:00am
SHC to get more judges soon: Justice Musheer Alam

SHC to get more judges soon: Justice Musheer Alam

Chief Justice, High Court of Sindh, Justice Musheer Alam on Friday evening said that the issue of shortage of judges in Sindh High Court will be resolved within next couple of weeks. "In a week or two, Judicial Commission will meet and more judges will be
Published 21 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 Friday (April 20, 2012).

Published 21 Apr, 2012 12:00am
Non-cooperation: court admonishes police

Non-cooperation: court admonishes police

Police treated people like animals, making their lives miserable in police stations, the Lahore High Court observed on Friday. The court was hearing a case against non-registration of FIR by an inspector of the Liaquatabad police station. The petitioner,
Published 21 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 20, 2012).

Published 21 Apr, 2012 12:00am
Tremors felt in Lahore, surrounding areas

Tremors felt in Lahore, surrounding areas

A moderate earthquake of 3.3 magnitude shook Lahore and its surrounding areas, a private news channel reported on Friday. According to the Meteorological Department, the earthquake jolted Shahdara and other areas as well. The epicenter of the quake was in
Published 21 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 20, 2012).

Published 21 Apr, 2012 12:00am
Guantanamo detainee contests court's secrecy rule

Guantanamo detainee contests court's secrecy rule

An accused September 11 conspirator filed a motion Thursday challenging a rule that keeps statements by the Guantanamo detainees secret, his lawyer said. Attorney James Connell called for end to "the presumption of classification" that applies to everythi
Published 21 Apr, 2012 12:00am
Students of GIK institute develop electric thermostat for geysers

Students of GIK institute develop electric thermostat for geysers

Students of GIK Institute of Engineering Sciences and Technology, Abdul Moeed Niazi, Khurram Chohan, M. Junaid and Waleed Saqib have developed an electric thermostat for geysers under the supervision of Dr M Junaid Mughal, Associate Professor, Department
Published 21 Apr, 2012 12:00am
Monsoon seen below average in parts of Pakistan, Sri Lanka

Monsoon seen below average in parts of Pakistan, Sri Lanka

South Asia is likely to receive average monsoon rains in 2012, a global forum relied on by governments for forecasting said, erasing the possibility of any drought in the region and India, which is a major consumer and producer of farm commodities. "The r
Published 21 Apr, 2012 12:00am
THE RUPEE: easier trend

THE RUPEE: easier trend

Little changes were seen on the currency market on Friday as the rupee moved slight versus the dollar amid tight supply of greenback, dealers said. The rupee did not show any change in relation to the greenback for buying at 90.7, while it inched down by
Published 21 Apr, 2012 12:00am
19 suspects held

19 suspects held

Police on Friday arrested 19 outlaws and recovered Charas, liquor and illegal weapons from their possession. According to a police spokesman, Bani Police held Khasta Gul with 1,100 gram Charas and Ziaullah with 1,150 gram Charas while Waris Khan Police ar
Published 21 Apr, 2012 12:00am
THE RUPEE: easier trend

THE RUPEE: easier trend

Little changes were seen on the currency market on Friday as the rupee moved slight versus the dollar amid tight supply of greenback, dealers said. The rupee did not show any change in relation to the greenback for buying at 90.7, while it inched down by
Published 21 Apr, 2012 12:00am
Condolence

Condolence

Difa-e-Pakistan Council leaders said on Friday that the death of Maulana Qazi Hameedullah was a great loss to Islam and Pakistan. According to a press release issued here, Maulana Samiul Haq, Maulana Ajmal Qadri, Maulana Saifur Rehman Darkhawsti and Maula
Published 21 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (April 20, 2012).

Published 21 Apr, 2012 12:00am
Plea to make Urdu official language filed

Plea to make Urdu official language filed

A petition for making Urdu as official language of the country has been filed before the Lahore High Court (LHC). The petitioner, a Bar member, Rana Ilamudin Ghazi stated that father of the nation Quaid-e-Azam during his address to students in Dhaka had a
Published 21 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (April 20, 2012).

Published 21 Apr, 2012 12:00am
Radio Pakistan enters into digital era: DG

Radio Pakistan enters into digital era: DG

Pakistan Broadcasting Corporation (PBC) Director General Murtaza Solangi has said that Radio Pakistan has entered into a digital era and now its programmes are available for people through different sources. This he said while participating in a private t
Published 21 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (April 20, 2012).

Published 21 Apr, 2012 12:00am
Textile millers to attend international conference on biomass energy

Textile millers to attend international conference on biomass energy

Textile industry is seriously considering renewable energy options to meet energy requirements and one delegation of leading textile millers is set to fly to Malaysia in second week of May to attend EU-Asia Biomass Best Practices and Business Partnering C
Published 21 Apr, 2012 12:00am
Timely completion of projects directed

Timely completion of projects directed

District Co-ordination Officer Nadeem Mahboob on Friday directed officials concerned to expedite construction work and complete all uplifts projects in the district within time. Presiding over a meeting, the DCO said that mega development projects had bee
Published 21 Apr, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (April 20, 2012).

Published 21 Apr, 2012 12:00am
National Assembly: women's protection bill to be tabled on April 25

National Assembly: women's protection bill to be tabled on April 25

The 'Domestic Violence (Prevention and Protection) Bill, 2012' for women protection would be presented for adoption in the next session of the National Assembly to be held on April 25, it is learnt. Senate has already unanimously passed the bill. Nilofar
Published 21 Apr, 2012 12:00am
Perceptions of Afghan Taliban victory dangerous: General Khalid

Perceptions of Afghan Taliban victory dangerous: General Khalid

The withdrawal of most combat troops from Afghanistan at the end of 2014 has raised questions from Kabul to Brussels to Washington about the potential chaos that may follow if the Taliban press to take over again. Few people are as worried about what the
Published 21 Apr, 2012 12:00am
'Pakistan, Iran need to explore trade opportunities'

'Pakistan, Iran need to explore trade opportunities'

Pakistan and Iran have the potential to cater to each other's needs if the business communities in the two countries have the exposure to available opportunities, Iranian Consul-General Muhammad Hussain Bani Assadi said on Friday. The Iranian diplomat was
Published 21 Apr, 2012 12:00am
Gayari Sector: search and rescue operation continues

Gayari Sector: search and rescue operation continues

A total of 503 personnel including 425 military men, 78 civilians along with 25 heavy machines are taking part in search and rescue operation in Gayari sector round the clock. According to Inter Services Public Relations (ISPR), ground penetrating radars
Published 21 Apr, 2012 12:00am
Nawaz's stance clarified

Nawaz's stance clarified

Pakistan Muslim League-Nawaz (PML-N) chief Nawaz Sharif on Friday budged from his stance of unilateral troops' withdrawal from Siachen. The clarification came during a news conference by Nawaz Sharif on the occasion of former chairman Pakistan Steel Mills
Published 21 Apr, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Apr, 2012 12:00am
FIR registered

FIR registered

An FIR was filed in journalist Murtaza Razvi's murder case on Friday. According to police, an FIR 159/12 was lodged in Darakshan police station against unknown culprits on the complaint of journalist's relative. They said Additional Inspector General (AIG
Published 21 Apr, 2012 12:00am
17 killed in various parts of Karachi

17 killed in various parts of Karachi

The killing spree in the city intensified on Friday, claiming as many as 17 lives in various localities of the city. Several people were injured in violence across the city. Police officials said that the Orangi Town area remained the most volatile, where
Published 21 Apr, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 21 Apr, 2012 12:00am
17 killed in various parts of Karachi

17 killed in various parts of Karachi

The killing spree in the city intensified on Friday, claiming as many as 17 lives in various localities of the city. Several people were injured in violence across the city. Police officials said that the Orangi Town area remained the most volatile, where
Published 21 Apr, 2012 12:00am
Ephedrine scam: Supreme Court asks ANF to conduct fair investigation

Ephedrine scam: Supreme Court asks ANF to conduct fair investigation

While resuming the hearing of Rs 7 billion Ephedrine scam on Friday, the Supreme Court directed Anti-Narcotic Force (ANF) to conduct a free and fair investigation into the matter. A three-member bench led by Chief Justice Iftikhar Muhammad Chaudhry also d
Published 21 Apr, 2012 12:00am
Ephedrine scam: Supreme Court asks ANF to conduct fair investigation

Ephedrine scam: Supreme Court asks ANF to conduct fair investigation

While resuming the hearing of Rs 7 billion Ephedrine scam on Friday, the Supreme Court directed Anti-Narcotic Force (ANF) to conduct a free and fair investigation into the matter. A three-member bench led by Chief Justice Iftikhar Muhammad Chaudhry also d
Published 21 Apr, 2012 12:00am
German professor lodges euro complaint versus Bundesbank

German professor lodges euro complaint versus Bundesbank

A German law professor has lodged a legal complaint against the board of the country''s central bank, suggesting it has given indirect aid to other eurozone countries by allowing growing imbalances in money transfers within the currency bloc. Bernd Schuen
Published 21 Apr, 2012 12:00am
German professor lodges euro complaint versus Bundesbank

German professor lodges euro complaint versus Bundesbank

A German law professor has lodged a legal complaint against the board of the country's central bank, suggesting it has given indirect aid to other eurozone countries by allowing growing imbalances in money transfers within the currency bloc. Bernd Schuene
Published 21 Apr, 2012 12:00am
German professor lodges euro complaint versus Bundesbank

German professor lodges euro complaint versus Bundesbank

A German law professor has lodged a legal complaint against the board of the country's central bank, suggesting it has given indirect aid to other eurozone countries by allowing growing imbalances in money transfers within the currency bloc. Bernd Schuene
Published 21 Apr, 2012 12:00am