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Print - 2012-09-06
Khyber Pakhtunkhwa, Fata to renew pledge to defend country at all costs

Khyber Pakhtunkhwa, Fata to renew pledge to defend country at all costs

All arrangements have been completed to celebrate the 47th Defence Day of Pakistan with national spirit and enthusiasm in the Khyber Pakthunkhwa and Federally Administered Tribal Areas (Fata) on Thursday with a renewed pledge to make defence of the mother
Published 06 Sep, 2012 12:00am
Special function to be held at Governor's House

Special function to be held at Governor's House

The Khyber Pakhtunkhwa Governor, Barrister Masood Kausar has arranged a prestigious function to observe Defence Day of Pakistan; the 6th September at Governors House, Peshawar on Thursday. According to a press release, children of the martyrs and IDPs in
Published 06 Sep, 2012 12:00am
Work on Hazara Expressway to begin in December: minister

Work on Hazara Expressway to begin in December: minister

Federal Minister for Communications Dr Arbab Alamgir Khan has said that work on Hazara Expressway (E-35) will start in December this year, while the work on Lowari Tunnel will begin next week. He said this while briefing the members of Khyber Pakhtunkhwa
Published 06 Sep, 2012 12:00am
PTCL holds service leadership workshop

PTCL holds service leadership workshop

Pakistan Telecommunications Company Limited (PTCL) recently held a one-day service leadership workshop on 'Building an Uplifting Service Culture'. The training session was delivered by world-renowned trainer and leading educator Ron Kaufman, who is an exp
Published 06 Sep, 2012 12:00am
ECP urged to initiate urgent electoral reforms

ECP urged to initiate urgent electoral reforms

Domestic and foreign human rights and non-governmental organisations on Wednesday urged the Election Commission of Pakistan (ECP) to undertake urgent reforms for holding free, fair and transparent general elections, including the compilation of reliable a
Published 06 Sep, 2012 12:00am
'Marble, granite quarries are being run on modern lines'

'Marble, granite quarries are being run on modern lines'

Pakistan Stone Development Company (Pasdec) has now introduced mechanised quarrying through state-of-the-art machinery to develop the marble and granite sector on modern lines. Chief Executive Officer of Pasdec, Ihsanullah Khan said that Pakistan is bless
Published 06 Sep, 2012 12:00am
Fourth International children film festival from September 17

Fourth International children film festival from September 17

The fourth Lahore International Children's Film Festival (LICFF) will take place from 17-22 September at Ali Auditorium. Almost 86 films from 33 countries will be presented to celebrate some of the best films made for and by children and young people from
Published 06 Sep, 2012 12:00am
National Audit Plan: tax lawyer raises 10 major issues

National Audit Plan: tax lawyer raises 10 major issues

A top tax lawyer has raised 10 major issues in the proposed National Audit Plan (2012-13) of the Federal Board of Revenue with the suggestion of public disclosure of parameters for selection of audit cases for Tax Year 2011. After thoroughly examining the
Published 06 Sep, 2012 12:00am
CDWP to approve three projects today

CDWP to approve three projects today

A special meeting of Central Development Working Party (CDWP) would be held today (Thursday) under the direction of Prime Minister Raja Parvez Ashraf for approval of three projects worth Rs 18.72 billion for his constituency Tehsil Gujar Khan, it is learn
Published 06 Sep, 2012 12:00am
Terrorism financing, power theft: two major bills approved by Cabinet

Terrorism financing, power theft: two major bills approved by Cabinet

The Federal Cabinet has approved bills for legislation, including the Anti-Terrorism (Amendment) Bill, 2012, to curb terrorism financing besides complying with international standard along with Electricity Theft (Amendment) Bill, 2012, to declare power th
Published 06 Sep, 2012 12:00am
Terrorism financing, power theft: two major bills approved by Cabinet

Terrorism financing, power theft: two major bills approved by Cabinet

The Federal Cabinet has approved bills for legislation, including the Anti-Terrorism (Amendment) Bill, 2012, to curb terrorism financing besides complying with international standard along with Electricity Theft (Amendment) Bill, 2012, to declare power th
Published 06 Sep, 2012 12:00am
Eurozone seen back in recession, Asia resilient

Eurozone seen back in recession, Asia resilient

The eurozone probably slipped back into recession in the current quarter, according to business surveys on Wednesday that also showed Asia's services sector growth remained muted in August as the global economy struggled to get its footing. The Purchasing
Published 06 Sep, 2012 12:00am
Eurozone seen back in recession, Asia resilient

Eurozone seen back in recession, Asia resilient

The eurozone probably slipped back into recession in the current quarter, according to business surveys on Wednesday that also showed Asia's services sector growth remained muted in August as the global economy struggled to get its footing. The Purchasing
Published 06 Sep, 2012 12:00am
Eurozone seen back in recession, Asia resilient

Eurozone seen back in recession, Asia resilient

The eurozone probably slipped back into recession in the current quarter, according to business surveys on Wednesday that also showed Asia''s services sector growth remained muted in August as the global economy struggled to get its footing. The Purchasin
Published 06 Sep, 2012 12:00am
Pakistan, Germany sign roadmap for strategic dialogue

Pakistan, Germany sign roadmap for strategic dialogue

Pakistan and Germany have inked a roadmap for strategic dialogue to foster closer relations, enhancement of bilateral trade and investment, parliamentary exchanges and people-to-people contact. Foreign Minister Ms Hina Rabbani Khar and her German counterp
Published 06 Sep, 2012 12:00am
Pakistan, Germany sign roadmap for strategic dialogue

Pakistan, Germany sign roadmap for strategic dialogue

Pakistan and Germany have inked a roadmap for strategic dialogue to foster closer relations, enhancement of bilateral trade and investment, parliamentary exchanges and people-to-people contact. Foreign Minister Ms Hina Rabbani Khar and her German counterp
Published 06 Sep, 2012 12:00am
Pakistan, Germany sign roadmap for strategic dialogue

Pakistan, Germany sign roadmap for strategic dialogue

Pakistan and Germany have inked a roadmap for strategic dialogue to foster closer relations, enhancement of bilateral trade and investment, parliamentary exchanges and people-to-people contact. Foreign Minister Ms Hina Rabbani Khar and her German counterp
Published 06 Sep, 2012 12:00am
Index sheds 94.74 points

Index sheds 94.74 points

The KSE-100 index on Wednesday declined by 94.74 points and closed at the level of 15,293.39 points due to profit taking opted by local investors. The foreign investors however, remained net buyers of shares worth $1.67 million despite selling by local pa
Published 06 Sep, 2012 12:00am
Index sheds 94.74 points

Index sheds 94.74 points

The KSE-100 index on Wednesday declined by 94.74 points and closed at the level of 15,293.39 points due to profit taking opted by local investors. The foreign investors however, remained net buyers of shares worth $1.67 million despite selling by local pa
Published 06 Sep, 2012 12:00am
Index sheds 94.74 points

Index sheds 94.74 points

The KSE-100 index on Wednesday declined by 94.74 points and closed at the level of 15,293.39 points due to profit taking opted by local investors. The foreign investors however, remained net buyers of shares worth $1.67 million despite selling by local pa
Published 06 Sep, 2012 12:00am
BRIndex30 index dips by 69.36 points

BRIndex30 index dips by 69.36 points

On Wednesday, BRIndex30 opened at 10,733.10. It touched an intraday high of 10,790.91 and an intraday low of 10,656.41 and closed at 10,663.74 which was -69.36 points or -0.65 percent lower than previous close. Total volume was 92,394,900, which was 53.04
Published 06 Sep, 2012 12:00am
BRIndex30 index dips by 69.36 points

BRIndex30 index dips by 69.36 points

On Wednesday, BRIndex30 opened at 10,733.10. It touched an intraday high of 10,790.91 and an intraday low of 10,656.41 and closed at 10,663.74 which was -69.36 points or -0.65 percent lower than previous close. Total volume was 92,394,900, which was 53.04
Published 06 Sep, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 06 Sep, 2012 12:00am
LSE index drops by 28.73 points

LSE index drops by 28.73 points

Bearish sentiments prevailed on the Lahore Stock Exchange on Wednesday and the equities registered declines amid descending transaction volume on account of lacking interest on the part of investors. The LSE-25 index lost 28.73 points and was declined to
Published 06 Sep, 2012 12:00am
LSE index drops by 28.73 points

LSE index drops by 28.73 points

Bearish sentiments prevailed on the Lahore Stock Exchange on Wednesday and the equities registered declines amid descending transaction volume on account of lacking interest on the part of investors. The LSE-25 index lost 28.73 points and was declined to
Published 06 Sep, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 06 Sep, 2012 12:00am
ISE down by 28.85 points

ISE down by 28.85 points

The 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 28.85 points as the ISE Ten Index moved from 3,135.39 to 3,106
Published 06 Sep, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Sep, 2012 12:00am
ISE down by 28.85 points

ISE down by 28.85 points

The 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 28.85 points as the ISE Ten Index moved from 3,135.39 to 3,106
Published 06 Sep, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Sep, 2012 12:00am
Musa, Makhdoom continue to elude ANF teams

Musa, Makhdoom continue to elude ANF teams

The Anti-Narcotics Force (ANF) has been raiding various places to arrest MNA Ali Musa Gilani and Federal Minister for Textile Makhdoom Shahabuddin for their alleged involvement in ephedrine quota allotment scam. "Different teams of the ANF are continuousl
Published 06 Sep, 2012 12:00am
Musa, Makhdoom continue to elude ANF teams

Musa, Makhdoom continue to elude ANF teams

The Anti-Narcotics Force (ANF) has been raiding various places to arrest MNA Ali Musa Gilani and Federal Minister for Textile Makhdoom Shahabuddin for their alleged involvement in ephedrine quota allotment scam. "Different teams of the ANF are continuousl
Published 06 Sep, 2012 12:00am
Riaz's son granted bail, asked to surrender before trial court

Riaz's son granted bail, asked to surrender before trial court

Sindh High Court on Wednesday granted Ali Ahmed Riaz, Chief Executive of Bahria Town, protective bail for four weeks in Bahria Town corruption case. Ali Ahmed Riaz, who is son of real estate tycoon Malik Riaz, moved the SHC to seek protective bail followi
Published 06 Sep, 2012 12:00am
Riaz's son granted bail, asked to surrender before trial court

Riaz's son granted bail, asked to surrender before trial court

Sindh High Court on Wednesday granted Ali Ahmed Riaz, Chief Executive of Bahria Town, protective bail for four weeks in Bahria Town corruption case. Ali Ahmed Riaz, who is son of real estate tycoon Malik Riaz, moved the SHC to seek protective bail followi
Published 06 Sep, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (September 05, 2012).

Published 06 Sep, 2012 12:00am
Malik asked to appear before Supreme Court

Malik asked to appear before Supreme Court

The Supreme Court on Wednesday directed Rehman Malik to appear before the court in person on the next date of hearing in a contempt of court case. A two-member bench comprising Justice Nasir-ul-Mulk and Justice Ijaz Ahmed Chaudhry was hearing a contemptt
Published 06 Sep, 2012 12:00am
Malik asked to appear before Supreme Court

Malik asked to appear before Supreme Court

The Supreme Court on Wednesday directed Rehman Malik to appear before the court in person on the next date of hearing in a contempt of court case. A two-member bench comprising Justice Nasir-ul-Mulk and Justice Ijaz Ahmed Chaudhry was hearing a contemptt
Published 06 Sep, 2012 12:00am
China, US divided over Syria, sea dispute, but vow goodwill

China, US divided over Syria, sea dispute, but vow goodwill

China and the United States were divided on Wednesday over how to end the bloodshed in Syria and defuse tension in the South China Sea and other global troublespots, but stressed hope for steady ties as they navigate political transitions at home.
Published 06 Sep, 2012 12:00am
China, US divided over Syria, sea dispute, but vow goodwill

China, US divided over Syria, sea dispute, but vow goodwill

China and the United States were divided on Wednesday over how to end the bloodshed in Syria and defuse tension in the South China Sea and other global troublespots, but stressed hope for steady ties as they navigate political transitions at home.
Published 06 Sep, 2012 12:00am
THE RUPEE: upward trend

THE RUPEE: upward trend

The rupee, somehow, managed to come out of weak spells against the dollar on the currency market on Wednesday, dealers said. The rupee posted fresh gain of eight paisa in relation to the dollar for buying at 94.68 and it picked up 10 paisa for selling at
Published 06 Sep, 2012 12:00am
Arabs ask UN to probe Arafat 'assassination'

Arabs ask UN to probe Arafat 'assassination'

Arab foreign ministers on Wednesday called on the United Nations to probe the circumstances of the death of veteran Palestinian leader Yasser Arafat, amid suggestions he was poisoned. The ministers, gathered at the Cairo headquarters of the Arab League, i
Published 06 Sep, 2012 12:00am
THE RUPEE: upward trend

THE RUPEE: upward trend

The rupee, somehow, managed to come out of weak spells against the dollar on the currency market on Wednesday, dealers said. The rupee posted fresh gain of eight paisa in relation to the dollar for buying at 94.68 and it picked up 10 paisa for selling at
Published 06 Sep, 2012 12:00am
Arabs ask UN to probe Arafat 'assassination'

Arabs ask UN to probe Arafat 'assassination'

Arab foreign ministers on Wednesday called on the United Nations to probe the circumstances of the death of veteran Palestinian leader Yasser Arafat, amid suggestions he was poisoned. The ministers, gathered at the Cairo headquarters of the Arab League, i
Published 06 Sep, 2012 12:00am
Pakistan record easy win over Australia

Pakistan record easy win over Australia

Pakistan's spinners Mohammad Hafeez, Saeed Ajmal and Raza Hasan bowled Australia out for just 89 to set up an easy seven-wicket win in the first Twenty20 international here on Wednesday. Ajmal (2-13), Hasan (2-15) and skipper Hafeez (2-24) shook the Austr
Published 06 Sep, 2012 12:00am
Pakistan record easy win over Australia

Pakistan record easy win over Australia

Pakistan's spinners Mohammad Hafeez, Saeed Ajmal and Raza Hasan bowled Australia out for just 89 to set up an easy seven-wicket win in the first Twenty20 international here on Wednesday. Ajmal (2-13), Hasan (2-15) and skipper Hafeez (2-24) shook the Austr
Published 06 Sep, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 05, 2012).

Published 06 Sep, 2012 12:00am
34 dead in Indian fireworks factory blaze

34 dead in Indian fireworks factory blaze

A blaze at a fireworks factory in southern India that triggered a mass explosion of firecrackers left at least 34 people dead and 60 injured on Wednesday, police said. "Bodies have been burnt beyond recognition and we are still trying to trace the family
Published 06 Sep, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 05, 2012).

Published 06 Sep, 2012 12:00am
34 dead in Indian fireworks factory blaze

34 dead in Indian fireworks factory blaze

A blaze at a fireworks factory in southern India that triggered a mass explosion of firecrackers left at least 34 people dead and 60 injured on Wednesday, police said. "Bodies have been burnt beyond recognition and we are still trying to trace the family
Published 06 Sep, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (September 05, 2012).

Published 06 Sep, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 05, 2012).

Published 06 Sep, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (September 05, 2012) and for Thursday (September 06, 2012).
Published 06 Sep, 2012 12:00am
CDWP to approve three projects today

CDWP to approve three projects today

A special meeting of Central Development Working Party (CDWP) would be held today (Thursday) under the direction of Prime Minister Raja Parvez Ashraf for approval of three projects worth Rs 18.72 billion for his constituency Tehsil Gujar Khan, it is learn
Published 06 Sep, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 05, 2012).

Published 06 Sep, 2012 12:00am
Licences introduced for fishermen

Licences introduced for fishermen

The Deputy Director Fisheries Hyderabad has disclosed that Government of Sindh has abolished the lease/contract system from the public water areas and introduced licenses for fishermen in whole Sindh province.
Published 06 Sep, 2012 12:00am
Purchase of diesel buses: LHC turns down Punjab government's plea

Purchase of diesel buses: LHC turns down Punjab government's plea

The Lahore High Court on Wednesday turned down a Punjab government's plea to vacate the stay order issued against opening bids for purchase of 1200 Euro II compliant diesel buses. A law officer representing the government argued that the fuel (Euro II com
Published 06 Sep, 2012 12:00am
Irsa stores 10MAF of water in reservoirs

Irsa stores 10MAF of water in reservoirs

The Indus River System Authority (Irsa) has managed to store 10 million acre feet (MAF) water in the three reservoirs, Tarbela, Mangla and Chashma till 5th September after two good spells of rains in the upper regions of the country during past two weeks,
Published 06 Sep, 2012 12:00am
AFP urges government to fix minimum procurement price of rice

AFP urges government to fix minimum procurement price of rice

Agriculture Forum Pakistan (AFP) Chairman Muhammad Ibrahim Mughal has urged the government to immediately fix the minimum procurement price of basmati paddy at Rs 2000 per maund and non-basmati at Rs 1200 per maund to get maximum production which could me
Published 06 Sep, 2012 12:00am
Jamaat-i-Islami wants early general election

Jamaat-i-Islami wants early general election

Ameer, Jamaat-i-Islami, Pakistan, Syed Munawar Hassan, has said that an immediate announcement of an agreed interim set up to hold general elections is vital for controlling the worsening situation in Balochistan, Sindh and other parts of the country. He
Published 06 Sep, 2012 12:00am
Special programmes on Defence Day

Special programmes on Defence Day

All necessary arrangements have been finalised for celebrating Defence Day of Pakistan with national spirit and usual enthusiasm in Sialkot district on September 6th. The daylong programmes would be started with special prayers for the unity, prosperity a
Published 06 Sep, 2012 12:00am
Banks asked to promote SMEs through prudent solutions

Banks asked to promote SMEs through prudent solutions

Kazi Abdul Muktadir, Deputy Governor, State Bank of Pakistan (SBP) on Wednesday stressed upon banks to promote Small & Medium Enterprises (SMEs) through prudent banking solutions.
Published 06 Sep, 2012 12:00am
SMIU to begin admission process from September 17

SMIU to begin admission process from September 17

The newly established Sindh Madressatul Islam University (SMIU), which has also got recognition from the Higher Education Commission (HEC), will start admission process for its very first batch (2012-2013) from September 17, 2012. Initially SMIU will offe
Published 06 Sep, 2012 12:00am
Ulema urged to create awareness about dengue

Ulema urged to create awareness about dengue

Minister Auqaf Punjab Haji Ehsanuddin Qureshi has said that Ulema have deep respect among the masses, therefore, they should communicate protective steps regarding dengue virus to the public in their individual as well as collective contacts. While talkin
Published 06 Sep, 2012 12:00am
Increase in POL prices: LHC issues notices to federal government, Ogra

Increase in POL prices: LHC issues notices to federal government, Ogra

The Lahore High Court here on Wednesday issued notices to Federal government and Oil & Gas Regulatory Authority (Ogra) for September 27 on a plea challenging the fresh increase in prices of petroleum products. Chairman Judicial Activism Panel Azhar Siddiq
Published 06 Sep, 2012 12:00am
Power outages criticised

Power outages criticised

Wednesday proved a bit more terrible, as power failure prolonged to almost eight hours in some areas of the city. Power outages amidst heavy rain humid weather kept on trying the consumers at large, cursing the circles concerned with no clue as when their
Published 06 Sep, 2012 12:00am
Couple gunned down in court

Couple gunned down in court

A couple was gunned down in District Courts in Cantonment police limits on Wednesday. According to details Muhammad Nasir resident of Hadali District Khushab along with his beloved Yasmin came to Sargodha courts in a car for arranging court marriage this
Published 06 Sep, 2012 12:00am
Supply of sugar to TCP: two mills fail to meet PSQCA standards

Supply of sugar to TCP: two mills fail to meet PSQCA standards

Quality testing reports of two sugar mills, selected for supply of sugar to Trading Corporation of Pakistan (TCP), have been found non-conforming to PSQCA standards. Sources told Business Recorder on Wednesday that two mills have been unable to mee
Published 06 Sep, 2012 12:00am
MCC launches automated system 'WeBOC'

MCC launches automated system 'WeBOC'

Model Customs Collectorate (MCC exports), Karachi, has launched automated system 'WeBOC' for processing exports operations at East and West wharves on Wednesday.
Published 06 Sep, 2012 12:00am
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