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Print - 2012-08-11
Kandhkot gas not being fully utilised

Kandhkot gas not being fully utilised

While independent power producers (IPPs) are starved for natural gas, the Kandhkot field''s gas output is not being fully consumed, sources said. The gas output is only provided to government owned Guddu Power Plant, they said. Sources said that Kandhkot
Published 11 Aug, 2012 12:00am
Kandhkot gas not being fully utilised

Kandhkot gas not being fully utilised

While independent power producers (IPPs) are starved for natural gas, the Kandhkot field's gas output is not being fully consumed, sources said. The gas output is only provided to government owned Guddu Power Plant, they said. Sources said that Kandhkot g
Published 11 Aug, 2012 12:00am
Kandhkot gas not being fully utilised

Kandhkot gas not being fully utilised

While independent power producers (IPPs) are starved for natural gas, the Kandhkot field's gas output is not being fully consumed, sources said. The gas output is only provided to government owned Guddu Power Plant, they said. Sources said that Kandhkot g
Published 11 Aug, 2012 12:00am
World Bank delaying Diamer-Bhasha dam for 10 years?

World Bank delaying Diamer-Bhasha dam for 10 years?

World Bank is reportedly delaying 4,500 MW Diamer-Bhasha dam for at least 10 years by offering funding for run of the river 4,320MW Dasu hydropower project. This was revealed at a meeting of Senate Standing Committee on Water and Power on Friday under the
Published 11 Aug, 2012 12:00am
World Bank delaying Diamer-Bhasha dam for 10 years?

World Bank delaying Diamer-Bhasha dam for 10 years?

World Bank is reportedly delaying 4,500 MW Diamer-Bhasha dam for at least 10 years by offering funding for run of the river 4,320MW Dasu hydropower project. This was revealed at a meeting of Senate Standing Committee on Water and Power on Friday under the
Published 11 Aug, 2012 12:00am
World Bank delaying Diamer-Bhasha dam for 10 years?

World Bank delaying Diamer-Bhasha dam for 10 years?

World Bank is reportedly delaying 4,500 MW Diamer-Bhasha dam for at least 10 years by offering funding for run of the river 4,320MW Dasu hydropower project. This was revealed at a meeting of Senate Standing Committee on Water and Power on Friday under the
Published 11 Aug, 2012 12:00am
World Bank delaying Diamer-Bhasha dam for 10 years?

World Bank delaying Diamer-Bhasha dam for 10 years?

World Bank is reportedly delaying 4,500 MW Diamer-Bhasha dam for at least 10 years by offering funding for run of the river 4,320MW Dasu hydropower project. This was revealed at a meeting of Senate Standing Committee on Water and Power on Friday under the
Published 11 Aug, 2012 12:00am
US warns Hezbollah may strike in Europe

US warns Hezbollah may strike in Europe

The United States fears the Iranian-backed Lebanese militant group Hezbollah may be planning imminent attacks in Europe and around the world, a senior security official in Washington said Friday. "Our assessment is that Hezbollah and Iran will both contin
Published 11 Aug, 2012 12:00am
US warns Hezbollah may strike in Europe

US warns Hezbollah may strike in Europe

The United States fears the Iranian-backed Lebanese militant group Hezbollah may be planning imminent attacks in Europe and around the world, a senior security official in Washington said Friday. "Our assessment is that Hezbollah and Iran will both contin
Published 11 Aug, 2012 12:00am
Pakistan, Afghanistan talk on Taliban leader release

Pakistan, Afghanistan talk on Taliban leader release

Pakistan and Afghanistan are in talks on the release of a key member of the Taliban, whose 2010 arrest in Pakistan was blamed for sabotaging peace initiatives, a foreign ministry official confirmed Friday. Mullah Abdul Ghani Baradar, a powerful Taliban mi
Published 11 Aug, 2012 12:00am
Pakistan, Afghanistan talk on Taliban leader release

Pakistan, Afghanistan talk on Taliban leader release

Pakistan and Afghanistan are in talks on the release of a key member of the Taliban, whose 2010 arrest in Pakistan was blamed for sabotaging peace initiatives, a foreign ministry official confirmed Friday. Mullah Abdul Ghani Baradar, a powerful Taliban mi
Published 11 Aug, 2012 12:00am
Three US soldiers killed by Afghan police

Three US soldiers killed by Afghan police

An Afghan police commander and several of his men killed three US soldiers in the southern province of Helmand, turning guns on them after inviting them to a dinner to discuss security, Afghan officials said on Friday. The men were all American special fo
Published 11 Aug, 2012 12:00am
Three US soldiers killed by Afghan police

Three US soldiers killed by Afghan police

An Afghan police commander and several of his men killed three US soldiers in the southern province of Helmand, turning guns on them after inviting them to a dinner to discuss security, Afghan officials said on Friday. The men were all American special fo
Published 11 Aug, 2012 12:00am
Competition laws: UNCTAD to undertake peer review

Competition laws: UNCTAD to undertake peer review

The United Nations Conference on Trade and Development (UNCTAD) here on Friday announced that it will undertake a peer review of Pakistan''s competition law and policy in which it will assess the substantive provisions of the country''s competition laws a
Published 11 Aug, 2012 12:00am
Competition laws: UNCTAD to undertake peer review

Competition laws: UNCTAD to undertake peer review

The United Nations Conference on Trade and Development (UNCTAD) here on Friday announced that it will undertake a peer review of Pakistan's competition law and policy in which it will assess the substantive provisions of the country's competition laws and
Published 11 Aug, 2012 12:00am
Competition laws: UNCTAD to undertake peer review

Competition laws: UNCTAD to undertake peer review

The United Nations Conference on Trade and Development (UNCTAD) here on Friday announced that it will undertake a peer review of Pakistan's competition law and policy in which it will assess the substantive provisions of the country's competition laws and
Published 11 Aug, 2012 12:00am
Australia rescues more than 200 from asylum boat

Australia rescues more than 200 from asylum boat

Australia rescued more than 200 asylum-seekers from a boat off Indonesia, officials said Friday as they confirmed that some navy ships are literally cracking under the strain of their work. Authorities raced to help a vessel in Indonesian waters north of
Published 11 Aug, 2012 12:00am
Australia rescues more than 200 from asylum boat

Australia rescues more than 200 from asylum boat

Australia rescued more than 200 asylum-seekers from a boat off Indonesia, officials said Friday as they confirmed that some navy ships are literally cracking under the strain of their work. Authorities raced to help a vessel in Indonesian waters north of
Published 11 Aug, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Friday (August 10, 2012).

Published 11 Aug, 2012 12:00am
Public servants warned not to talk to media people

Public servants warned not to talk to media people

The Federal and all the provincial governments have told public servants that they would be subject to punitive measures if they are found interacting with media people. According to sources in Islamabad, the authority is of the view that the government s
Published 11 Aug, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Friday (August 10, 2012).

Published 11 Aug, 2012 12:00am
Public servants warned not to talk to media people

Public servants warned not to talk to media people

The Federal and all the provincial governments have told public servants that they would be subject to punitive measures if they are found interacting with media people. According to sources in Islamabad, the authority is of the view that the government s
Published 11 Aug, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Friday (August 10, 2012).

Published 11 Aug, 2012 12:00am
Ecuador asks Sweden to question Assange in London

Ecuador asks Sweden to question Assange in London

Ecuador has asked Sweden to take WikiLeaks founder Julian Assange's testimony regarding accusations of rape and sexual harassment in London, the South American nation's top diplomat announced Monday. "Our ambassador in Sweden has begun steps to ask the Sw
Published 11 Aug, 2012 12:00am
ISE index down by 5.91 points

ISE index down by 5.91 points

Bears dominated the proceedings on the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 5.91 points as the ISE Ten Index moved from 2,937.13 to 2,931.22 p
Published 11 Aug, 2012 12:00am
ISE index down by 5.91 points

ISE index down by 5.91 points

Bears dominated the proceedings on the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 5.91 points as the ISE Ten Index moved from 2,937.13 to 2,931.22 p
Published 11 Aug, 2012 12:00am
LSE index loses 25.47 points

LSE index loses 25.47 points

Bearish sentiments dominated on the Lahore Stock Exchange on Friday and the equities registered declines across the board amid decreased trading turnover due to lacking interest on the part of investors who remained on the sideline. The LSE-25 index lost
Published 11 Aug, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (August 10, 2012).

Published 11 Aug, 2012 12:00am
LSE index loses 25.47 points

LSE index loses 25.47 points

Bearish sentiments dominated on the Lahore Stock Exchange on Friday and the equities registered declines across the board amid decreased trading turnover due to lacking interest on the part of investors who remained on the sideline. The LSE-25 index lost
Published 11 Aug, 2012 12:00am
US funding not linked with Iran gas pipeline project: foreign office

US funding not linked with Iran gas pipeline project: foreign office

Pakistan on Friday rejected the impression that it had compromised its commitment to pursue the multi-billion Iran-Pakistan (IP) gas pipeline project to meet the country''s growing energy needs in return for recently released $280 million by Washington fo
Published 11 Aug, 2012 12:00am
US funding not linked with Iran gas pipeline project: foreign office

US funding not linked with Iran gas pipeline project: foreign office

Pakistan on Friday rejected the impression that it had compromised its commitment to pursue the multi-billion Iran-Pakistan (IP) gas pipeline project to meet the country's growing energy needs in return for recently released $280 million by Washington for
Published 11 Aug, 2012 12:00am
US funding not linked with Iran gas pipeline project: foreign office

US funding not linked with Iran gas pipeline project: foreign office

Pakistan on Friday rejected the impression that it had compromised its commitment to pursue the multi-billion Iran-Pakistan (IP) gas pipeline project to meet the country's growing energy needs in return for recently released $280 million by Washington for
Published 11 Aug, 2012 12:00am
KESC allowed Rs 1.66 per unit tariff hike

KESC allowed Rs 1.66 per unit tariff hike

The National Electric Power Regulatory Authority (Nepra) on Friday issued a notification, allowing Karachi Electric Supply Company (KESC) to raise its tariff by Rs 1.66 per unit. The price increase was made to compensate for fuel adjustment charges. Accor
Published 11 Aug, 2012 12:00am
KESC allowed Rs 1.66 per unit tariff hike

KESC allowed Rs 1.66 per unit tariff hike

The National Electric Power Regulatory Authority (Nepra) on Friday issued a notification, allowing Karachi Electric Supply Company (KESC) to raise its tariff by Rs 1.66 per unit. The price increase was made to compensate for fuel adjustment charges. Accor
Published 11 Aug, 2012 12:00am
KESC allowed Rs 1.66 per unit tariff hike

KESC allowed Rs 1.66 per unit tariff hike

The National Electric Power Regulatory Authority (Nepra) on Friday issued a notification, allowing Karachi Electric Supply Company (KESC) to raise its tariff by Rs 1.66 per unit. The price increase was made to compensate for fuel adjustment charges. Accor
Published 11 Aug, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (August 10, 2012).

Published 11 Aug, 2012 12:00am
Another hike in POL prices likely

Another hike in POL prices likely

The government is likely to notify up to Rs 2 per litre increase in the prices of Petroleum, Oil and Lubricants (POL) products effective from August 16, Petroleum Ministry official said. According to sources the price of Motor Sprit (petrol) is expected t
Published 11 Aug, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (August 10, 2012).
Published 11 Aug, 2012 12:00am
Another hike in POL prices likely

Another hike in POL prices likely

The government is likely to notify up to Rs 2 per litre increase in the prices of Petroleum, Oil and Lubricants (POL) products effective from August 16, Petroleum Ministry official said. According to sources the price of Motor Sprit (petrol) is expected t
Published 11 Aug, 2012 12:00am
Another hike in POL prices likely

Another hike in POL prices likely

The government is likely to notify up to Rs 2 per litre increase in the prices of Petroleum, Oil and Lubricants (POL) products effective from August 16, Petroleum Ministry official said. According to sources the price of Motor Sprit (petrol) is expected t
Published 11 Aug, 2012 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (August 10, 2012).

Published 11 Aug, 2012 12:00am
First Pakistani bank: HBL deposits exceed Rs one trillion mark

First Pakistani bank: HBL deposits exceed Rs one trillion mark

Habib Bank Limited (HBL), the Pakistan''s largest banking network, became the first Pakistani bank to cross Rs 1 trillion mark in deposits. The bank grew domestic deposits by 18.6 percent from year-end. Habib Bank announced financial results for the half
Published 11 Aug, 2012 12:00am
First Pakistani bank: HBL deposits exceed Rs one trillion mark

First Pakistani bank: HBL deposits exceed Rs one trillion mark

Habib Bank Limited (HBL), the Pakistan's largest banking network, became the first Pakistani bank to cross Rs 1 trillion mark in deposits. The bank grew domestic deposits by 18.6 percent from year-end. Habib Bank announced financial results for the half y
Published 11 Aug, 2012 12:00am
First Pakistani bank: HBL deposits exceed Rs one trillion mark

First Pakistani bank: HBL deposits exceed Rs one trillion mark

Habib Bank Limited (HBL), the Pakistan's largest banking network, became the first Pakistani bank to cross Rs 1 trillion mark in deposits. The bank grew domestic deposits by 18.6 percent from year-end. Habib Bank announced financial results for the half y
Published 11 Aug, 2012 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (August 10, 2012).

Published 11 Aug, 2012 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (August 10, 2012).

Published 11 Aug, 2012 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (August 10, 2012).

Published 11 Aug, 2012 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 11 Aug, 2012 12:00am
BRIndex30 drops 41.87 points

BRIndex30 drops 41.87 points

On Friday, BRIndex30 opened at 10,212.09. It touched an intraday high of 10,216.30 and an intraday low of 10,141.61 and closed at 10,170.22 which was -41.87 points or -0.41 percent lower than previous close. Total volume was 13,953,900, which was 37.08 pe
Published 11 Aug, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Friday (August 10, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover for
Published 11 Aug, 2012 12:00am
BRIndex30 drops 41.87 points

BRIndex30 drops 41.87 points

On Friday, BRIndex30 opened at 10,212.09. It touched an intraday high of 10,216.30 and an intraday low of 10,141.61 and closed at 10,170.22 which was -41.87 points or -0.41 percent lower than previous close. Total volume was 13,953,900, which was 37.08 pe
Published 11 Aug, 2012 12:00am
Index gains 1.9 points

Index gains 1.9 points

The Karachi share market on Friday witnessed a mixed trend with the benchmark KSE-100 index oscillating between 14,790.36 points intra-day high and 14,718.96 points intra-day low levels. The index finally closed at the level of 14,761.49 pointed, marginal
Published 11 Aug, 2012 12:00am
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