News Archives for Print - 2012-06-25

Four Nato soldiers killed in Afghanistan

Four soldiers of the international Nato-led alliance and two Afghan civilians have died in three separate incidents in southern Afghanistan, officials said Sunday.

Published 25 Jun, 2012 12:00am

NAB official issued notice

During the hearing of a petition filed by Nadeem advocate, against his arrest by NAB, the counsel for the petitioner, Shahab Sarki, referred to a photocopy of a printout obtained from the official website of National Accountability Bureau containing the f

Published 25 Jun, 2012 12:00am

NAB official issued notice

During the hearing of a petition filed by Nadeem advocate, against his arrest by NAB, the counsel for the petitioner, Shahab Sarki, referred to a photocopy of a printout obtained from the official website of National Accountability Bureau containing the f

Published 25 Jun, 2012 12:00am

Saudis give women Olympic Games go-ahead

Saudi Arabia, where public sports events for women are banned, will allow females to compete in the Olympic Games for the first time, its embassy in London said in a statement issued Sunday. The Saudi Olympic Committee will "oversee participation of women

Published 25 Jun, 2012 12:00am

Saudis give women Olympic Games go-ahead

Saudi Arabia, where public sports events for women are banned, will allow females to compete in the Olympic Games for the first time, its embassy in London said in a statement issued Sunday. The Saudi Olympic Committee will "oversee participation of women

Published 25 Jun, 2012 12:00am

Future spread up 593 basis points

The future spread increased by 593bps on week-on-week basis to 15.37 percent against last week''''s 9.44 percent. Trading activities on the futures counter remained low as the average daily volumes declined by 29.6 percent to 7.07 million shares as compar

Published 25 Jun, 2012 12:00am

Future spread up 593 basis points

The future spread increased by 593bps on week-on-week basis to 15.37 percent against last week''s 9.44 percent. Trading activities on the futures counter remained low as the average daily volumes declined by 29.6 percent to 7.07 million shares as compared

Published 25 Jun, 2012 12:00am

Future spread up 593 basis points

The future spread increased by 593bps on week-on-week basis to 15.37 percent against last week's 9.44 percent. Trading activities on the futures counter remained low as the average daily volumes declined by 29.6 percent to 7.07 million shares as compared

Published 25 Jun, 2012 12:00am

Future spread up 593 basis points

The future spread increased by 593bps on week-on-week basis to 15.37 percent against last week's 9.44 percent. Trading activities on the futures counter remained low as the average daily volumes declined by 29.6 percent to 7.07 million shares as compared

Published 25 Jun, 2012 12:00am

Index gains 65.02 points

The Karachi share market witnessed dull trading activities during the outgoing week ended on June 22, 2012 due to prevailing political situation in the country. After moving both sides during the week, the benchmark KSE-100 index finally managed to close

Published 25 Jun, 2012 12:00am

Index gains 65.02 points

The Karachi share market witnessed dull trading activities during the outgoing week ended on June 22, 2012 due to prevailing political situation in the country. After moving both sides during the week, the benchmark KSE-100 index finally managed to close

Published 25 Jun, 2012 12:00am

Index gains 65.02 points

The Karachi share market witnessed dull trading activities during the outgoing week ended on June 22, 2012 due to prevailing political situation in the country. After moving both sides during the week, the benchmark KSE-100 index finally managed to close

Published 25 Jun, 2012 12:00am

Importers-cum-manufacturers: FBR introduces new regulatory regime

The Federal Board of Revenue (FBR) has introduced a new regulatory regime for the importers-cum-manufacturers by slashing the powers of the Collectors of Sales Tax for processing of documents, consumption of inputs and audit of importers availing exemptio

Published 25 Jun, 2012 12:00am

Importers-cum-manufacturers: FBR introduces new regulatory regime

The Federal Board of Revenue (FBR) has introduced a new regulatory regime for the importers-cum-manufacturers by slashing the powers of the Collectors of Sales Tax for processing of documents, consumption of inputs and audit of importers availing exemptio

Published 25 Jun, 2012 12:00am

Importers-cum-manufacturers: FBR introduces new regulatory regime

The Federal Board of Revenue (FBR) has introduced a new regulatory regime for the importers-cum-manufacturers by slashing the powers of the Collectors of Sales Tax for processing of documents, consumption of inputs and audit of importers availing exemptio

Published 25 Jun, 2012 12:00am

PML-N, PTI join hands to 'defend' judiciary

Taking serious notice of reports suggesting real and perceived threats to Supreme Court of Pakistan in general Chief Justice Iftikhar Mohammad Chaudhry in particular, Pakistan Muslim League-Nawaz (PML-N) and Pakistan Tehreek-e-Insaaf (PTI) on Sunday decid

Published 25 Jun, 2012 12:00am

PML-N, PTI join hands to 'defend' judiciary

Taking serious notice of reports suggesting real and perceived threats to Supreme Court of Pakistan in general Chief Justice Iftikhar Mohammad Chaudhry in particular, Pakistan Muslim League-Nawaz (PML-N) and Pakistan Tehreek-e-Insaaf (PTI) on Sunday decid

Published 25 Jun, 2012 12:00am

Prime Minister may not write letter to Swiss authorities

Prime Minister Raja Pervez Ashraf on Sunday said that government would follow the constitution of the country and its every action would be in accordance with the constitution. This he stated while answering a question whether he will write a letter to Sw

Published 25 Jun, 2012 12:00am

Prime Minister may not write letter to Swiss authorities

Prime Minister Raja Pervez Ashraf on Sunday said that government would follow the constitution of the country and its every action would be in accordance with the constitution. This he stated while answering a question whether he will write a letter to Sw

Published 25 Jun, 2012 12:00am

Conspiracies against democracy must end now: Altaf

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has urged all political parties of country to wait for next general elections, which are due after next few months, for the sake of democracy and stability in the country.

Published 25 Jun, 2012 12:00am

Conspiracies against democracy must end now: Altaf

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has urged all political parties of country to wait for next general elections, which are due after next few months, for the sake of democracy and stability in the country.

Published 25 Jun, 2012 12:00am

Zardari gives constitutional cover to Gilani's actions: possible crisis averted?

President Asif Ali Zardari on Sunday averted a possible crisis and issued an ordinance, giving constitutional protection to all decisions taken by former prime minister Yousuf Raza Gilani during the period between April 26 and June 19.

Published 25 Jun, 2012 12:00am

Zardari gives constitutional cover to Gilani's actions: possible crisis averted?

President Asif Ali Zardari on Sunday averted a possible crisis and issued an ordinance, giving constitutional protection to all decisions taken by former prime minister Yousuf Raza Gilani during the period between April 26 and June 19.

Published 25 Jun, 2012 12:00am

US judge dismisses Apple, Motorola patent suits

An American judge has dismissed lawsuits lodged by Apple and Motorola against each other for copyright infringement. "To suggest that (Apple) has suffered loss of market share, brand recognition, or customer goodwill as a result of Motorola's alleged infr

Published 25 Jun, 2012 12:00am

US judge dismisses Apple, Motorola patent suits

An American judge has dismissed lawsuits lodged by Apple and Motorola against each other for copyright infringement. "To suggest that (Apple) has suffered loss of market share, brand recognition, or customer goodwill as a result of Motorola's alleged infr

Published 25 Jun, 2012 12:00am

Iranian oil tankers change names as EU ban looms

Iran has given new English names and changed the flags of many of its oil tankers, two of which are steaming towards Europe with an European Union ban on Iranian oil imports just a week away, ship tracking data shows.

Published 25 Jun, 2012 12:00am

Iranian oil tankers change names as EU ban looms

Iran has given new English names and changed the flags of many of its oil tankers, two of which are steaming towards Europe with an European Union ban on Iranian oil imports just a week away, ship tracking data shows.

Published 25 Jun, 2012 12:00am

Iranian oil tankers change names as EU ban looms

Iran has given new English names and changed the flags of many of its oil tankers, two of which are steaming towards Europe with an European Union ban on Iranian oil imports just a week away, ship tracking data shows.

Published 25 Jun, 2012 12:00am

German upper house agrees on deal to back ESM

Germany''s upper house of parliament won multi-billion euro financial concessions from Chancellor Angela Merkel''s government on Sunday, clearing the way for parliamentary approval of the permanent bailout scheme for the euro zone and the fiscal pact.

Published 25 Jun, 2012 12:00am

German upper house agrees on deal to back ESM

Germany's upper house of parliament won multi-billion euro financial concessions from Chancellor Angela Merkel's government on Sunday, clearing the way for parliamentary approval of the permanent bailout scheme for the euro zone and the fiscal pact.

Published 25 Jun, 2012 12:00am

German upper house agrees on deal to back ESM

Germany's upper house of parliament won multi-billion euro financial concessions from Chancellor Angela Merkel's government on Sunday, clearing the way for parliamentary approval of the permanent bailout scheme for the euro zone and the fiscal pact.

Published 25 Jun, 2012 12:00am

Payment of mark-up: Discos adopt rebellious attitude

Power Distribution Companies (Discos) have reportedly adopted a rebellious attitude in payment of mark up amounting to Rs 18 billion per annum on financing facility of Rs 136.45 billion arranged by the Finance Ministry to ease out circular debt.

Published 25 Jun, 2012 12:00am

Payment of mark-up: Discos adopt rebellious attitude

Power Distribution Companies (Discos) have reportedly adopted a rebellious attitude in payment of mark up amounting to Rs 18 billion per annum on financing facility of Rs 136.45 billion arranged by the Finance Ministry to ease out circular debt.

Published 25 Jun, 2012 12:00am

Payment of mark-up: Discos adopt rebellious attitude

Power Distribution Companies (Discos) have reportedly adopted a rebellious attitude in payment of mark up amounting to Rs 18 billion per annum on financing facility of Rs 136.45 billion arranged by the Finance Ministry to ease out circular debt.

Published 25 Jun, 2012 12:00am

Turkey blames Syria for jet attack, consults Nato

Turkey accused Syria on Sunday of shooting down a military reconnaissance jet in international airspace without warning and called a Nato meeting to discuss a response to Syrian President Bashar al-Assad.

Published 25 Jun, 2012 12:00am

Turkey blames Syria for jet attack, consults Nato

Turkey accused Syria on Sunday of shooting down a military reconnaissance jet in international airspace without warning and called a Nato meeting to discuss a response to Syrian President Bashar al-Assad.

Published 25 Jun, 2012 12:00am

MB candidate wins presidency with 52 percent

Islamist Mohamed Morsy of the Muslim Brotherhood was declared Egypt's first democratic president on Sunday by the state election committee, which said he had defeated former general Ahmed Shafik with 51.7 percent of last weekend's run-off vote.

Published 25 Jun, 2012 12:00am

MB candidate wins presidency with 52 percent

Islamist Mohamed Morsy of the Muslim Brotherhood was declared Egypt's first democratic president on Sunday by the state election committee, which said he had defeated former general Ahmed Shafik with 51.7 percent of last weekend's run-off vote.

Published 25 Jun, 2012 12:00am

FX & Gold weekly outlook - June 25-29: G20, Fed''s MPS keep market on its toes

Global financial market witnessed another eventful week due to elections in Greece. Meeting of G20 member countries in Mexico and FED''s Monetary Policy Announcement (MPS) that kept financial market on its toes as trading activities around the world remai

Published 25 Jun, 2012 12:00am

FX & Gold weekly outlook - June 25-29: G20, Fed's MPS keep market on its toes

Global financial market witnessed another eventful week due to elections in Greece. Meeting of G20 member countries in Mexico and FED's Monetary Policy Announcement (MPS) that kept financial market on its toes as trading activities around the world remain

Published 25 Jun, 2012 12:00am

FX & Gold weekly outlook - June 25-29: G20, Fed's MPS keep market on its toes

Global financial market witnessed another eventful week due to elections in Greece. Meeting of G20 member countries in Mexico and FED's Monetary Policy Announcement (MPS) that kept financial market on its toes as trading activities around the world remain

Published 25 Jun, 2012 12:00am

MONDAY JUNE 18: Domestic debt: Interest payments rose to Rs 649.9 billion in fiscal year 2011

Published 25 Jun, 2012 12:00am

MONDAY JUNE 18: Prolonged loadshedding in Punjab: power crisis getting worse and worse

Published 25 Jun, 2012 12:00am

TUESDAY JUNE 19: Committee fails to devise plan

Published 25 Jun, 2012 12:00am

The Weather

The weather report on Sunday (June 24, 2012) and the forecast for Monday (June 25, 2012).

Published 25 Jun, 2012 12:00am

TUESDAY JUNE 19: Power minister flays Punjab chief minister for 'staging' power riots: 'loadshedding to end within three months'

Published 25 Jun, 2012 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DECEMBER 2011)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 25 Jun, 2012 12:00am

WEDNESDAY JUNE 20: Eight IPPs move Supreme Court, seek recovery of Rs 62 billion 'dues'

Published 25 Jun, 2012 12:00am

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 18 to June 22, 2012).

Published 25 Jun, 2012 12:00am

WEDNESDAY JUNE 20: ECC meeting postponed

Published 25 Jun, 2012 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 25 Jun, 2012 12:00am

THURSDAY JUNE 21: G20 extends free trade vow despite split

Published 25 Jun, 2012 12:00am

THE RUPEE: easy trend prevails

Easier trend was again witnessed on currency market as the rupee could not come out of sliding versus dollar during the week ended on June 23,2012. lost 35 paisa against dollar for buying at 94.35 and shed 33 paisa for selling at 94.38. In the open market

Published 25 Jun, 2012 12:00am

THURSDAY JUNE 21: World leaders open Rio summit on 'green' economy

Published 25 Jun, 2012 12:00am

THE RUPEE: easy trend prevails

Easier trend was again witnessed on currency market as the rupee could not come out of sliding versus dollar during the week ended on June 23,2012. lost 35 paisa against dollar for buying at 94.35 and shed 33 paisa for selling at 94.38. In the open market

Published 25 Jun, 2012 12:00am

FRIDAY JUNE 22: Budgetary support: government borrowing reaches Rs 1.2 trillion mark

Published 25 Jun, 2012 12:00am

Amendments proposed in SRB Act: SRB decides to reward tax informants

Sindh Revenue Board has decided to give lucrative incentives to informants for divulging details of tax-evaders to enhance tax collection in the province, Business Recorder learnt on Sunday. SRB's legal and co-ordination wings made some important a

Published 25 Jun, 2012 12:00am

FRIDAY JUNE 22: World Bank to provide aid for Dasu Hydel Project

Published 25 Jun, 2012 12:00am

Sindh Governor, chief minister call on Prime Minister

Sindh Governor Dr Ishratul Ebad Khan and Sindh Chief Minister Syed Qaim Shah called on Prime Minister Raja Parvez Ashraf here on Sunday, at the Governor House. The Governor and the Chief Minister congratulated Raja Parvez Ashraf on his election and on ass

Published 25 Jun, 2012 12:00am

SATURDAY JUNE 23: Some recovery in terms of growth: key macro indicators remain weak: SBP

Published 25 Jun, 2012 12:00am

Police constable and SI shot dead

Two policemen including a sub inspector were killed when unknown armed men opened fire on a police van at Nagan Chowrangi on Sunday night. According to details, some unknown armed men opened fire on a police mobile van at Nagan Chowrangi.

Published 25 Jun, 2012 12:00am

SATURDAY JUNE 23: 'NAB still pursuing RPPs probe'

Published 25 Jun, 2012 12:00am

PPP strengthens institutions by electing new Prime Minister: Kundi

Deputy Speaker National Assembly Faisal Karim Kundi said Pakistan People's Party (PPP) had strengthened the democratic institutions by electing the new Prime Minister. Talking to State Television on Sunday he said PPP leadership avoided confrontation betw

Published 25 Jun, 2012 12:00am

SUNDAY JUNE 24: Assessment of ST and FED: FBR authorities fail to provide record: AGP

Published 25 Jun, 2012 12:00am

Motorway police foil kidnapping attempt of three boys

Three boys who were kidnapped from Latifabad area on Saturday night returned home here Sunday after the Motorway Police reportedly foiled the kidnapping bid and helped the police in arresting the kidnappers.

Published 25 Jun, 2012 12:00am

SUNDAY JUNE 24: His first day in office: Prime Minister spells out steps to tackle power crisis

Published 25 Jun, 2012 12:00am

Patients continue to suffer as YDA strike continues

Patients continued to suffer here as the strike of the Young Doctors Association (YDA) strike on Sunday entered seventh day. The young doctors of the three allied hospitals in the city went on strike on Monday and closed their outpatient departments (OPDs

Published 25 Jun, 2012 12:00am

Gunmen kill three policemen in Quetta

Gunmen killed three policemen in a drive-by shooting here on Sunday, police said. The shooting comes a day after gunmen on motorcycles shot dead eight men at a laundry in a busy area of Quetta. "Two gunmen riding a motorbike opened fire on a police mobile

Published 25 Jun, 2012 12:00am

'Nokia is committed to bringing cellular technology to another billion people,' Head of Mobile Phones Business Unit-Middle East & Africa

Calin Turcanuis has been the Head of Mobile Phones Business Unit, Nokia India, Middle East, Africa and oversees sales since August 2011. He is actively involved in developing business strategies to ensure market success of key Nokia devices and strengthen

Published 25 Jun, 2012 12:00am

'Nokia is committed to bringing cellular technology to another billion people,' Head of Mobile Phones Business Unit-Middle East & Africa

Calin Turcanuis has been the Head of Mobile Phones Business Unit, Nokia India, Middle East, Africa and oversees sales since August 2011. He is actively involved in developing business strategies to ensure market success of key Nokia devices and strengthen

Published 25 Jun, 2012 12:00am

Putin seeks Mideast clout and to soothe Arabs

Arab ambassadors delivered a clear message to Russia's special Middle East representative this month as Syria's envoy watched in silent discomfort: You are on the wrong side of history. Russia's envoy, Deputy Foreign Minister Mikhail Bogdanov, differed du

Published 25 Jun, 2012 12:00am

Of Ogra, OGDCL and PSO - I

Looking at the purpose and function of Oil and Gas Regulatory Authority (Ogra), pathetic state of affairs of Oil and Gas Development Company Ltd (OGDCL) and the utterly poor performance of the circular debt-afflicted Pakistan State Oil (PSO), any petroleu

Published 25 Jun, 2012 12:00am

Punjab Sales Tax on Services Act-2012: An overview

The Punjab Assembly passed the Punjab Sales Tax on Services Act-2012 (PSTSA) on 21st June 2012, which will come into force on from July, 2012. By virtue of this enactment, Punjab Sales Tax Ordinance, 2000 would stand repealed. The Punjab Assembly has also

Published 25 Jun, 2012 12:00am

Raja's election

Given that the MQM had publicly stated that it would not support the candidature of Raja Pervez Ashraf and the scathing language used against him by PML (Q) parliamentarians in general and Faisal Saleh Hayat in particular who coined the epithet 'Raja Rent

Published 25 Jun, 2012 12:00am

Grappling with polio threat

Participating in a media workshop in Karachi the other day on healthcare issues of children, a senior official of the Expanded Programme of Immunisation in Sindh confirmed that polio remains a clear and present threat in the country. Although, the offi

Published 25 Jun, 2012 12:00am

State Bank's third quarterly report

State Bank's third quarterly report for FY12 released on 22nd June seems to be another reminder to Islamabad that country's economy is in a very poor shape. It notes at the very outset that "although Pakistan's economy has shown some recovery in terms

Published 25 Jun, 2012 12:00am

Afghan brain drain fears as Karzai urges education reforms

A call by Afghan President Hamid Karzai for more foreign involvement in the country's higher education system risks exacerbating an already dangerous brain drain, analysts warn.

Published 25 Jun, 2012 12:00am

Australia calls for refugee deal after boat tragedy

Australia's government Sunday renewed its call for a refugee swap deal with Malaysia after an asylum seeker boat sank off remote Christmas Island leaving up to around 90 people dead or unaccounted for. Canberra clinched a deal last year to send 800 boatpe

Published 25 Jun, 2012 12:00am

Leading Afghan lawyer arrested on rape charge

A prominent Afghan lawyer close to a possible presidential candidate has been arrested on charges of kidnapping and raping a woman, prosecutors said Sunday.

Published 25 Jun, 2012 12:00am

Ecuador ambassador briefed on Assange in Sweden

Ecuador's ambassador in Stockholm has been briefed by Swedish officials on the country's judicial system, as Quito mulls whether to offer WikiLeaks founder Julian Assange asylum, the justice ministry said Sunday.

Published 25 Jun, 2012 12:00am

Zimbabwean police investigate finance minister

Zimbabwean police said on Sunday they had launched an investigation connected with finance minister Tendai Biti, and a state-owned newspaper said the probe was over the disappearance of $20 million in a failed bank.

Published 25 Jun, 2012 12:00am

International auditors to postpone Greece visit

An inspection of Greek reforms by international creditors will be delayed, a government source said on Sunday, with the new prime minister and finance minister both sidelined by health trouble. "There is a delay, the exact date of the (auditors') arrival

Published 25 Jun, 2012 12:00am

Prison raid frees 40 inmates in restive Nigerian city

Attackers with guns and explosives raided a jail in a restive Nigerian city on Sunday, leaving four prison guards dead and freeing 40 inmates, authorities said.

Published 25 Jun, 2012 12:00am

Russia's Severstal to build customers in US, no plans to buy assets

Russian steel company Severstal will focus on expanding the customer base for its current plants in the United States rather than buying other factories in the country, Chief Executive Alexey Mordashov said on Thursday.

Published 25 Jun, 2012 12:00am

Steel overcapacity will spur plant shutdowns

The director of Turkish steelmaker Colakoglu Metalurji expects steel production cuts and plant shutdowns in the United States, in Turkey, Russia, Ukraine and elsewhere as margins get squeezed by weaker demand and oversupply, he told Reuters this week.

Published 25 Jun, 2012 12:00am

Wasa chief suspended

Punjab Chief Minister Muhammad Shahbaz Sharif on Sunday suspended the MD of Wasa, Javed Iqbal, for failing to make necessary pre-monsoon arrangements. The Chief Minister issued the orders inspecting the work on the Allama Iqbal Road extension project.

Published 25 Jun, 2012 12:00am

Rana criticises federal government

The federal government has set unprecedented records of corruption in the country's 64-year-long history, Punjab's Law Minister Rana Sanaullah Khan said on Sunday. "Even children are decrying its mismanagement," he said.

Published 25 Jun, 2012 12:00am

Package-six for metro bus service reviewed

Punjab Chief Minister, Shahbaz Sharif presided over a meeting here on Sunday which reviewed the construction of package-6 for metro bus service. Member National Assembly Malik Riaz, Members Provincial Assembly Dr Asad Ashraf, Rana Iqbal, Chairman Planning

Published 25 Jun, 2012 12:00am

'Salary of doctors enhanced manifold in four years'

Special Assistant to Chief Minister Punjab on Health, Khawaja Salman Rafique, said that Punjab government had been providing free treatment facilities to the people in public sector hospitals just in one rupee 'purchee fee', which is unprecedented in the

Published 25 Jun, 2012 12:00am

Textile mill owners bemoan cut in gas supply

Textile tycoons on Sunday warned the government of severe consequences of curtailing gas supply to the textile industry by one more day. Addressing a hurriedly called video conference, office-bearers of All Pakistan Textile Mills Association (Aptnma) obje

Published 25 Jun, 2012 12:00am

Punjab government approves 10 development schemes

The Punjab government on Sunday approved 10 schemes with an estimated cost of Rs8,853.468 million. The approval was given in the 45th meeting of the Provincial Development Working Party which was presided over by Chairman of the Planning and Development B

Published 25 Jun, 2012 12:00am

Darawat Dam to be completed by year end

The under-construction Darawat Dam, located in Thatta and Jamshoro districts of Sindh province, will be completed by the year end while the irrigation system of the project is scheduled to be completed in June 2013.

Published 25 Jun, 2012 12:00am

Lawyers' leaders reject strike call

The Co-ordination Committee comprising presidents of all Pakistan bar councils, Supreme Court Bar Association, all four provincial bar councils and all four provincial High Court Bar associations has rejected the strike call, saying that only it has the a

Published 25 Jun, 2012 12:00am

PML-N leader expresses serious concern over Balochistan situation

Pakistan Muslim League-Nawaz (PML-N) Assistant Secretary General Abdul Qadir Baloch has expressed serious concern over current situation in Balochistan and called for finding political solution to the problem, saying Balochistan issue is purely a politica

Published 25 Jun, 2012 12:00am

Shahbaz meets people at Tent Office

Punjab Chief Minister Muhammad Shahbaz Sharif listened to the complaints of the people at Minar-e-Pakistan Tent Office on Sunday and also issued the spot orders in certain cases to redress their grievances. Member National Assembly Pervaiz Malik was also

Published 25 Jun, 2012 12:00am

Three-day pre-monsoon spell of rains on June 25: Met office

A much needed three-day pre-monsoon rains spell is beginning from tomorrow (Tuesday) while onset of regular monsoon season is likely during the first week of July, Met Office said here on Sunday.

Published 25 Jun, 2012 12:00am

Principal NSLGH given farewell

A farewell function in honour of Ishrat Ishaque, the out going Principal of Nursing School Lahore General Hospital (NSLGH) hosted by students and faculty members of the Nursing school was held here on Sunday.

Published 25 Jun, 2012 12:00am

Industrial zones: Punjab planning to set up coal-fired power units

The Punjab government is preparing a feasibility report on coal-fired power plants for industrial estates of Sundar, Multan and Rahim Yar Khan, Chief Executive Officer of Punjab Industrial Estates (PIE) Maj-Gen (retd) Javed Iqbal said on Sunday.

Published 25 Jun, 2012 12:00am

Prevailing uncertainties: commodities' prices remain wayward on local markets

On Tuesday commodities maintained firm trend with exception of cotton where speculators scrambled to exit spot July. In local commodity market main buyers stayed away owing to steady supply position. However, on the seed counter cottonseed oilcakes with b

Published 25 Jun, 2012 12:00am

'China fund' turns to Japan amid Europe fears

Europe's financial turmoil has seen the Chinese government quietly pour tens of billions of dollars into Japan's stock market, analysts say, despite the neighbours' lingering historical animosity. For years, the two Asian powerhouses have eyed each other

Published 25 Jun, 2012 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.83
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
Nasdaq / Nov 25	18,054.84
FTSE 100 / Nov 25	8,291.68
Dow Jones / Nov 25	44,736.57
Germany DAX 30 / Nov 25	19,405.20
France CAC40 / Nov 25	7,257.47
India Sensex / Nov 26	80,083.15
Tokyo Nikkei / Nov 26	38,266.61

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 25	17,685
Gold 10 Grams PKR / Nov 25	244,860.20
Petrol/Litre / Nov 26	248.38
Crude Oil USD/Barrel / Nov 26	69.17
Gold Spot USD/Ounce / Nov 26	2,623.04
Diesel/Litre / Nov 26	255.14

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 26 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 26 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 26 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 26 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 26 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 26 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 26 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 26 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 26 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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