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Print - 2012-05-01
Core functions unit incharges: FBR clips powers of IRS officers

Core functions unit incharges: FBR clips powers of IRS officers

The Federal Board of Revenue has taken away the powers of the officers of Inland Revenue Service (BS-17/18) to work as Unit In-charges of core functions (Enforcement & Audit) in the field formations with immediate effect. In this connection, the FBR has i
Published 01 May, 2012 12:00am
Drive against drug mafia soon: Firdous

Drive against drug mafia soon: Firdous

Federal Minister for Regulation and Services Dr Firdous Ashiq Awan on Monday said that vagarious drive against drug mafia involved in the business of selling inferior and sub-standard medicines would be launched shortly across the country. Addressing a ne
Published 01 May, 2012 12:00am
The Weather

The Weather

The weather report on Monday (April 30, 2012) and the forecast for Tuesday (May 01, 2012).

Published 01 May, 2012 12:00am
Parliament best forum to discuss political, national issues: Firdous

Parliament best forum to discuss political, national issues: Firdous

Federal Minister for Regulation and Services Dr Firdous Ashiq Awan on Monday said that some elements were trying to create so-called constitutional crisis by undermining the national interests just to strengthen the hands of the third power.
Published 01 May, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (April 30, 2012).

Published 01 May, 2012 12:00am
I will not step down, insists Gilani

I will not step down, insists Gilani

Prime Minister Syed Yousuf Raza Gilani on Monday insisted that he would not resign as Supreme Court decision in contempt case had nothing to do with his disqualification. Talking to media person here after he addressed a ceremony organised in connection w
Published 01 May, 2012 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 01 May, 2012 12:00am
Police directed to maintain law, order

Police directed to maintain law, order

on occasion of 1st May, the International Labour Day, over two thousand of Lahore police personnel would perform their duties to ensure maintenance of law and order and to maintain peaceful atmosphere and harmony in the provincial metropolis. This was dis
Published 01 May, 2012 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 01 May, 2012 12:00am
Rs 7,500 prize bond draw tomorrow

Rs 7,500 prize bond draw tomorrow

The 50th draw of prize bonds denomination of Rs 7,500 will be held on Wednesday. According to a spokesman of the National Savings, the first prize is Rs 15 million while the 2nd prize of Rs 5 million each will go to three lucky winners. Similarly, third p
Published 01 May, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (April 30, 2012).

Published 01 May, 2012 12:00am
Prime Minister sends cheque for Rs 100 to Aitzaz

Prime Minister sends cheque for Rs 100 to Aitzaz

"At the end of the day, it is the people of Pakistan who judge the performance of their government and this right of the people, expressed through their elected representatives in the Parliament, cannot be taken away - should not be allowed to be taken aw
Published 01 May, 2012 12:00am
Shahbaz for comprehensive programme for working classes

Shahbaz for comprehensive programme for working classes

Punjab Chief Minister Shahbaz Sharif has said on Monday that Labour Day (May 01) is observed all over the world to commemorate the struggle of labourers and reminds of the historic sacrifices of the workers of Chicago who laid down their lives for the att
Published 01 May, 2012 12:00am
President, Prime Minister pledge to uphold rights of working class

President, Prime Minister pledge to uphold rights of working class

"May first of each year is the day of special significance for the Government as well as for Pakistan People's Party as it is on this day that we revive our pledge to uphold the rights of the labourers and the working class and to never abandon them in th
Published 01 May, 2012 12:00am
Iraq's fugitive VP charged with murdering six judges

Iraq's fugitive VP charged with murdering six judges

Iraq's fugitive Vice President Tareq al-Hashemi and some of his bodyguards have been charged with murdering six judges and a series of other killings, a judiciary spokesman said on Monday. Hashemi, one of Iraq's top Sunni Muslim politicians, fled Baghdad
Published 01 May, 2012 12:00am
Iraq's fugitive VP charged with murdering six judges

Iraq's fugitive VP charged with murdering six judges

Iraq's fugitive Vice President Tareq al-Hashemi and some of his bodyguards have been charged with murdering six judges and a series of other killings, a judiciary spokesman said on Monday. Hashemi, one of Iraq's top Sunni Muslim politicians, fled Baghdad
Published 01 May, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (April 30, 2012).

Published 01 May, 2012 12:00am
Furnace oil price on decline

Furnace oil price on decline

The oil marketing companies (OMCs) have announced to cut furnace oil price up to Rs 2,313 per ton to rationalise domestic prices in the line with international trend. All marketing companies have fixed new prices for furnace oil with immediate effect. The
Published 01 May, 2012 12:00am
Furnace oil price on decline

Furnace oil price on decline

The oil marketing companies (OMCs) have announced to cut furnace oil price up to Rs 2,313 per ton to rationalise domestic prices in the line with international trend. All marketing companies have fixed new prices for furnace oil with immediate effect. The
Published 01 May, 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 (April 30, 2012).

Published 01 May, 2012 12:00am
Furnace oil price on decline

Furnace oil price on decline

The oil marketing companies (OMCs) have announced to cut furnace oil price up to Rs 2,313 per ton to rationalise domestic prices in the line with international trend. All marketing companies have fixed new prices for furnace oil with immediate effect. The
Published 01 May, 2012 12:00am
Bosnian war crimes court jails first woman

Bosnian war crimes court jails first woman

A Bosnian Muslim woman was jailed on Monday for the wartime murders of Croat civilians and prisoners of war, in the country's first conviction of a woman for crimes committed during the 1992-95 conflict. Rasema Handanovic, 39, a single mother and naturali
Published 01 May, 2012 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (April 30, 2012).

Published 01 May, 2012 12:00am
Bosnian war crimes court jails first woman

Bosnian war crimes court jails first woman

A Bosnian Muslim woman was jailed on Monday for the wartime murders of Croat civilians and prisoners of war, in the country's first conviction of a woman for crimes committed during the 1992-95 conflict. Rasema Handanovic, 39, a single mother and naturali
Published 01 May, 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 (April 30, 2012).

Published 01 May, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (April 30, 2012).

Published 01 May, 2012 12:00am
Widow, mother-in-law of CIA victim killed

Widow, mother-in-law of CIA victim killed

The widow of a Pakistani man shot dead by a CIA contractor last year in an incident that sparked a major crisis in American-Pakistani relations, was killed by her father on Monday for refusing to remarry, police said. Zahra Faizan, 24, and her 50-year-old
Published 01 May, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (April 30, 2012).

Published 01 May, 2012 12:00am
Widow, mother-in-law of CIA victim killed

Widow, mother-in-law of CIA victim killed

The widow of a Pakistani man shot dead by a CIA contractor last year in an incident that sparked a major crisis in American-Pakistani relations, was killed by her father on Monday for refusing to remarry, police said. Zahra Faizan, 24, and her 50-year-old
Published 01 May, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (April 30, 2012).

Published 01 May, 2012 12:00am
Suu Kyi's party ends boycott of Myanmar's parliament

Suu Kyi's party ends boycott of Myanmar's parliament

Myanmar opposition leader Aung San Suu Kyi agreed on Monday to end her party's boycott of parliament, setting aside her first major dispute with the government since winning by-elections and clearing the way for what could be an acceleration of reforms.
Published 01 May, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (April 30, 2012).

Published 01 May, 2012 12:00am
Suu Kyi's party ends boycott of Myanmar's parliament

Suu Kyi's party ends boycott of Myanmar's parliament

Myanmar opposition leader Aung San Suu Kyi agreed on Monday to end her party's boycott of parliament, setting aside her first major dispute with the government since winning by-elections and clearing the way for what could be an acceleration of reforms.
Published 01 May, 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 (April 30, 2012).

Published 01 May, 2012 12:00am
EU hands extra 20 million euros to flood victims

EU hands extra 20 million euros to flood victims

Brussels on Monday announced a further 20 million euros in aid to victims of Pakistan's 2011 monsoon floods, as well as people displaced by conflict, bringing funding this year to 55 million euros. While the world had responded with generosity to the coun
Published 01 May, 2012 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 20th April, 2012.

Published 01 May, 2012 12:00am
EU hands extra 20 million euros to flood victims

EU hands extra 20 million euros to flood victims

Brussels on Monday announced a further 20 million euros in aid to victims of Pakistan's 2011 monsoon floods, as well as people displaced by conflict, bringing funding this year to 55 million euros. While the world had responded with generosity to the coun
Published 01 May, 2012 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 20th April, 2012.

Published 01 May, 2012 12:00am
Gulf RPP files review petition

Gulf RPP files review petition

Gulf rental power plant on Monday filed a review petition in the Supreme Court. It challenges the apex court''s March 30 verdict that declared contracts of all the plants non-transparent and illegal. The SC in its verdict had issued directives to the Chai
Published 01 May, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 30, 2012).

Published 01 May, 2012 12:00am
Gulf RPP files review petition

Gulf RPP files review petition

Gulf rental power plant on Monday filed a review petition in the Supreme Court. It challenges the apex court's March 30 verdict that declared contracts of all the plants non-transparent and illegal. The SC in its verdict had issued directives to the Chair
Published 01 May, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 30, 2012).

Published 01 May, 2012 12:00am
Gulf RPP files review petition

Gulf RPP files review petition

Gulf rental power plant on Monday filed a review petition in the Supreme Court. It challenges the apex court's March 30 verdict that declared contracts of all the plants non-transparent and illegal. The SC in its verdict had issued directives to the Chair
Published 01 May, 2012 12:00am
105 dead, 100 missing in India ferry sinking

105 dead, 100 missing in India ferry sinking

Around 105 people were confirmed dead and almost as many were missing after a river ferry with 350 people aboard broke apart in a storm and sank in north-east India on Monday, police said. "Rescue workers along with villagers have recovered about 105 bodi
Published 01 May, 2012 12:00am
105 dead, 100 missing in India ferry sinking

105 dead, 100 missing in India ferry sinking

Around 105 people were confirmed dead and almost as many were missing after a river ferry with 350 people aboard broke apart in a storm and sank in north-east India on Monday, police said. "Rescue workers along with villagers have recovered about 105 bodi
Published 01 May, 2012 12:00am
THE RUPEE: 91 mark breached

THE RUPEE: 91 mark breached

The dollar showed its muscles against the rupee on Monday as the national currency came under presses after crossing 91 level due to strong demand by importers to clear bills for oil, marketmen said. They said that the banks sold nearly 70-80 million doll
Published 01 May, 2012 12:00am
Microsoft buys Nook stake

Microsoft buys Nook stake

Microsoft Corp will invest $300 million in Barnes & Noble Inc's Nook e-reader, gaining a foothold in the fast-growing e-books market as the bookseller gets more firepower to compete against Amazon.com's Kindle and Apple Inc's iPad. The move comes as Micro
Published 01 May, 2012 12:00am
THE RUPEE: 91 mark breached

THE RUPEE: 91 mark breached

The dollar showed its muscles against the rupee on Monday as the national currency came under presses after crossing 91 level due to strong demand by importers to clear bills for oil, marketmen said. They said that the banks sold nearly 70-80 million doll
Published 01 May, 2012 12:00am
ISE index down 20.39 points

ISE index down 20.39 points

Bears dominated the proceedings at 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 20.39 points as the ISE Ten Index moved from 2,871.72 to 2,851.33
Published 01 May, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (April 30, 2012).

Published 01 May, 2012 12:00am
ISE index down 20.39 points

ISE index down 20.39 points

Bears dominated the proceedings at 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 20.39 points as the ISE Ten Index moved from 2,871.72 to 2,851.33
Published 01 May, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (April 30, 2012).

Published 01 May, 2012 12:00am
LSE index drops 25.6 points

LSE index drops 25.6 points

Equities suffered losses at the Lahore Stock Exchange (LSE) amid descending transaction volume on Monday. The LSE-25 index moved down to 3637.92 points against 3663.52 points of Friday, showing a decline of 25.6 points, while transaction volume significan
Published 01 May, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (April 30, 2012).

Published 01 May, 2012 12:00am
LSE index drops 25.6 points

LSE index drops 25.6 points

Equities suffered losses at the Lahore Stock Exchange (LSE) amid descending transaction volume on Monday. The LSE-25 index moved down to 3637.92 points against 3663.52 points of Friday, showing a decline of 25.6 points, while transaction volume significan
Published 01 May, 2012 12:00am
Base stock: Parco slashes LPG price by Rs 5,000 per ton

Base stock: Parco slashes LPG price by Rs 5,000 per ton

State-owned Liquefied Petroleum Gas producer Pak-Arab Refinery Limited (Parco) has announced reduction in LPG base stock price by Rs 5000 per ton with effect from May 1, 2012. According to a notification issued here on Monday, the new Parco base stock pri
Published 01 May, 2012 12:00am
Base stock: Parco slashes LPG price by Rs 5,000 per ton

Base stock: Parco slashes LPG price by Rs 5,000 per ton

State-owned Liquefied Petroleum Gas producer Pak-Arab Refinery Limited (Parco) has announced reduction in LPG base stock price by Rs 5000 per ton with effect from May 1, 2012. According to a notification issued here on Monday, the new Parco base stock pri
Published 01 May, 2012 12:00am
Base stock: Parco slashes LPG price by Rs 5,000 per ton

Base stock: Parco slashes LPG price by Rs 5,000 per ton

State-owned Liquefied Petroleum Gas producer Pak-Arab Refinery Limited (Parco) has announced reduction in LPG base stock price by Rs 5000 per ton with effect from May 1, 2012. According to a notification issued here on Monday, the new Parco base stock pri
Published 01 May, 2012 12:00am
Drone strike: Pakistan lodges protest with US

Drone strike: Pakistan lodges protest with US

Pakistan on Monday lodged strong protest with United States for the Sunday drone attack in North Waziristan, killing at least four people and injuring several others. "US Political Councillor Jonathan Pratt was summoned at the Foreign Office by DG-America
Published 01 May, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 May, 2012 12:00am
Drone strike: Pakistan lodges protest with US

Drone strike: Pakistan lodges protest with US

Pakistan on Monday lodged strong protest with United States for the Sunday drone attack in North Waziristan, killing at least four people and injuring several others. "US Political Councillor Jonathan Pratt was summoned at the Foreign Office by DG-America
Published 01 May, 2012 12:00am
Drone strikes are legal, ethical: Obama aide

Drone strikes are legal, ethical: Obama aide

US President Barack Obama has ordered more openness about the secretive drone war pounding al Qaeda in Pakistan, a top official said Monday, mounting the firmest defence yet of the program. In a landmark speech on counter-terrorism "ethics", Obama aide Jo
Published 01 May, 2012 12:00am
Drone strikes are legal, ethical: Obama aide

Drone strikes are legal, ethical: Obama aide

US President Barack Obama has ordered more openness about the secretive drone war pounding al Qaeda in Pakistan, a top official said Monday, mounting the firmest defence yet of the program. In a landmark speech on counter-terrorism "ethics", Obama aide Jo
Published 01 May, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 01 May, 2012 12:00am
Extra crude from Iraq, Saudi helps cover Iran drop

Extra crude from Iraq, Saudi helps cover Iran drop

Extra crude from Iraq and Saudi Arabia has helped cover for tighter sanctions on Iran, whose own oil output has hit the lowest in two decades, and Opec''s April output is its highest since 2008, a Reuters survey found on Monday. A long-awaited expansion i
Published 01 May, 2012 12:00am
Extra crude from Iraq, Saudi helps cover Iran drop

Extra crude from Iraq, Saudi helps cover Iran drop

Extra crude from Iraq and Saudi Arabia has helped cover for tighter sanctions on Iran, whose own oil output has hit the lowest in two decades, and Opec's April output is its highest since 2008, a Reuters survey found on Monday. A long-awaited expansion in
Published 01 May, 2012 12:00am
Extra crude from Iraq, Saudi helps cover Iran drop

Extra crude from Iraq, Saudi helps cover Iran drop

Extra crude from Iraq and Saudi Arabia has helped cover for tighter sanctions on Iran, whose own oil output has hit the lowest in two decades, and Opec's April output is its highest since 2008, a Reuters survey found on Monday. A long-awaited expansion in
Published 01 May, 2012 12:00am
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