News Archives for Print - 2012-09-27

Print - 2012-09-27

Super Eights schedule

Groups and fixtures for the Super Eights stage of the World Twenty20 starting in Sri Lanka on Thursday:

Published 27 Sep, 2012 12:00am

Two-time champion Maria Sharapova finally found some rhythm to dispose of stubborn Lucie Safarova of the Czech Republic and reach the quarter-finals of the Pan Pacific Open on Wednesday. The French Open holder from Russia, who needed more than three hours

Published 27 Sep, 2012 12:00am

Sri Lanka wait on Ajantha Mendis's fitness

Hosts Sri Lanka hope their magician spinner Ajantha Mendis recovers in time to face New Zealand in their opening Super Eights match at Pallekele on Thursday. The 25-year-old spinner took 6-8 against Zimbabwe - the best figures in all Twenty20 cricket - in

Published 27 Sep, 2012 12:00am

City rocked by Villa, Terry's Chelsea thrash Wolves

Manchester City suffered a surprise exit from the League Cup on Tuesday as Aston Villa clinched a 4-2 third round win at Eastlands, while Chelsea welcomed back controversial captain John Terry with a 6-0 rout of Wolves. City manager Roberto Mancini made 1

Published 27 Sep, 2012 12:00am

Narine is our trump card, says Sammy

West Indian captain Darren Sammy admitted off-spinner Sunil Narine will be his trump card to exploit England's weakness against slow bowlers in the Super Eights match here on Thursday. England, defending the World Twenty20 title they won in the Caribbean

Published 27 Sep, 2012 12:00am

Asian chiefs back Afghanistan for ICC boost

Asian cricket chiefs have formally backed war-torn Afghanistan for associate membership of the International Cricket Council (ICC) to reward their rapid progress in the sport, an official said. The support for Afghanistan's elevation to the second tier of

Published 27 Sep, 2012 12:00am

Prize money for 8th Women Football Championship announced

Pakistan Football Federation (PFF) President Syed Faisal Saleh Hayat has approved the package of prize money and match bonus system of 8th National Women Football Championship-2012, for winning teams and players.

Published 27 Sep, 2012 12:00am

Pacers a concern for Hafeez

Pakistan captain Mohammad Hafeez admitted his faltering pace bowlers were a concern ahead of the Super Eights round where big teams can capitalise on their weakness. Pakistan thumped Bangladesh by eight wickets in Pallekele on Tuesday, with Imran Nazir hi

Published 27 Sep, 2012 12:00am

Big guns set to boom in Twenty20 semi-final race

The World Twenty20 shifts to a higher gear in Sri Lanka on Thursday when the hot favourites begin an intriguing race for the semi-finals in the Super Eights round. The preliminary league, which ended on Tuesday, separated the men from the boys as lesser t

Published 27 Sep, 2012 12:00am

Syrian rebels bomb army command in Damascus

A Syrian rebel bomb attack reduced the army headquarters in Damascus to a smouldering wreck on Wednesday as world leaders, unable to break the diplomatic deadlock in the conflict, met at the United Nations. The rebels said the assault on President Bashar

Published 27 Sep, 2012 12:00am

Global warming freezes world economy: report

Climate change caused by global warming is freezing the world economy and already leading to the deaths of millions every year, a report commissioned by 20 of the world's most vulnerable countries said Wednesday. "Climate Vulnerability Monitor: a guide to

Published 27 Sep, 2012 12:00am

Morsi says opposes foreign intervention in Syria

Egypt opposes foreign military intervention to stop the civil war in Syria and prefers an inclusive, negotiated settlement, Egypt's new Islamist president, Mohamed Morsi, said on Wednesday. "Egypt is committed to pursue the sincere efforts it has been exe

Published 27 Sep, 2012 12:00am

Ahmadinejad denounces 'uncivilised Zionists', urges new world order

Iran's president said on Wednesday his country was under constant threat of military action from "uncivilised Zionists" and called for a new world order not dominated by Western powers in the service of "the devil." In his eighth address to the UN General

Published 27 Sep, 2012 12:00am

Two Nato troops killed

Two Nato soldiers were killed in an insurgent suicide bombing and gun battle in eastern Afghanistan Wednesday, officials said. The suicide attack was followed by small arms and rocket fire near Puli Alam, the capital town of Logar province which is less t

Published 27 Sep, 2012 12:00am

Seven die as train rams college bus in India

At least seven people were killed and 30 injured when a passenger train rammed a packed college bus on Wednesday in the eastern Indian state of Bihar, officials said. Four of the victims died on the spot after the bus belonging to an engineering college w

Published 27 Sep, 2012 12:00am

Abu Hamza wins delay in UK extradition to US

Radical Islamist cleric Abu Hamza al-Masri has won a delay in his extradition from Britain to the United States, days after he lost an appeal to the European Court of Human Rights. A statement from the judiciary said on Wednesday a judge had granted an in

Published 27 Sep, 2012 12:00am

Russia charges media magnate

Russia on Wednesday charged billionaire Kremlin critic and media magnate Alexander Lebedev with hooliganism after he punched a guest on a television show last year. Lebedev, who owns Britain's The Independent and Evening Standard dailies and part-owns Rus

Published 27 Sep, 2012 12:00am

Toyota unveils robot helping hand

Japanese car giant Toyota on Wednesday unveiled a robotic best friend that can offer a helping hand around the house fetching and carrying for the elderly or immobile. The human support robot, a compact cylinder-shaped machine 37 centimetres (about 15 inc

Published 27 Sep, 2012 12:00am

Defiant Malema charged with money laundering

South African populist firebrand Julius Malema was charged with money laundering and released on bail Wednesday as he derided the case against him as the political handy-work of arch-foe President Jacob Zuma. Malema, once the rising star of the ruling Afr

Published 27 Sep, 2012 12:00am

Maldives court slaps travel ban on ousted president

A court in the Maldives has slapped a travel ban on ousted president Mohamed Nasheed pending a hearing over allegations of abuse of power during his tenure, his party said on Wednesday. The order preventing Nasheed from leaving the capital island Male was

Published 27 Sep, 2012 12:00am

Bombings, shootings kill eight in Iraq

Bombings and shootings mainly targeting Iraqi security forces killed eight people on Wednesday, among them a senior police officer, security and medical officials said. The violence comes a day after a wave of attacks against members of the security force

Published 27 Sep, 2012 12:00am

Obama widens lead in two main battlegrounds

US President Barack Obama has widened his lead in the two main battleground states in the 2012 White House race as well as in Pennsylvania, according to a new opinion poll released Wednesday. The Quinnipiac University/New York Times/CBS News poll put Obam

Published 27 Sep, 2012 12:00am

NewYork cotton falls again

US cotton remained under pressure on Tuesday, hitting fresh five-week lows on seasonal selling ahead of the Northern Hemisphere harvest. Falling for a fourth straight session, New York-traded cotton for December delivery settled down 0.17 cent, or 0.23 pe

Published 27 Sep, 2012 12:00am

Shanghai copper drops

The most active January copper contract on the Shanghai Futures Exchange fell 30 yuan to close the session at 59,150 yuan ($9,400) per tonne on Wednesday. Traders said Shanghai copper prices were also under pressure from weak buying interest in China ahea

Published 27 Sep, 2012 12:00am

Copper slides

Copper fell on Wednesday following gains the previous day as investors ditched metals along with other risk assets after protests in Spain and Greece renewed fears about the euro zone debt crisis and its drag on global economic growth. Three-month copper

Published 27 Sep, 2012 12:00am

Crude oil falls

Crude oil prices fell on Wednesday as the eurozone debt crisis escalated and reinforced concerns about slowing economic growth, while US gasoline futures jumped more than 3 percent due to depressed inventories and supply uncertainty. The continuing disput

Published 27 Sep, 2012 12:00am

Tokyo rubber falls

Key TOCOM rubber futures finished down 1 percent on Wednesday, unsettled by concerns about the impact of a fragile economy on demand and with a holiday in China next week keeping investors on the sidelines. Despite Wednesday's drop, Tokyo rubber futures a

Published 27 Sep, 2012 12:00am

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 27 Sep, 2012 12:00am

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 27 Sep, 2012 12:00am

Soya rises

US soyabeans ended marginally higher on Tuesday after a seesaw session which saw talk of end-user demand and a weaker dollar lend support though gains were limited by an advancing Midwest harvest and accounts of good yields. Futures rebounded from six-wee

Published 27 Sep, 2012 12:00am

Palm oil ends lower

Malaysian palm oil futures ended lower on Wednesday, as investors stayed cautious on rising stocks and renewed fears about a slowing global economy on Spain's financing woes. Palm oil stocks in No 2 producer Malaysia look set to climb higher on strong pro

Published 27 Sep, 2012 12:00am

ICE sugar dips

Raw sugar futures on ICE turned lower on Wednesday as a short-lived rally linked to India's importation of sugar for the first time in two years ran out of steam and the market's focus turned to the prospect of a large delivery. Robusta coffee futures fel

Published 27 Sep, 2012 12:00am

Gold falls in New York

Gold edged lower after choppy trade on Tuesday, on selling related to an option expiration and renewed fears about the euro zone debt crisis. Gold is still 4 percent higher for September following a sharp rally on hopes the central banks will keep the cre

Published 27 Sep, 2012 12:00am

Gold inches up in Asia

Gold edged up on Wednesday as recent stimulus measures by central banks supported bullion's appeal as a hedge against inflation, although a firm dollar and a shift in investor focus to the euro zone debt crisis capped gains. Spot gold inched up 0.1 percen

Published 27 Sep, 2012 12:00am

Gold slides in Europe

Gold prices fell more than 1 percent on Wednesday as pressure from a stronger dollar and a weaker tone to stocks markets and other commodities combined with profit-taking ahead of quarter-end to push the metal through key support. Pressure from other mark

Published 27 Sep, 2012 12:00am

US MIDDAY: grains tumble

US grains tumbled on Wednesday as investors sought safe haven in the dollar amid new worries about Europe's debt crisis, with soyabeans diving below $16 a bushel to their lowest price in nearly three months. Corn futures fell 2.5 percent to the lowest lev

Published 27 Sep, 2012 12:00am

US MIDDAY: gold down

Gold prices ended down on Wednesday but off an earlier two-week low as a stronger dollar and weaker crude oil triggered profit-taking after bullion's recent sharp rally boosted by stimulus by central banks around the world. The metal was weighed down by g

Published 27 Sep, 2012 12:00am

Lobbying begins for top PIA slot

PIA employees' unions and associations under the banner of Joint Action Committee (JACPIAE) have urged the Defence Minister to convince Air Chief Marshal Rao Qamar Suleman (Retd) to withdraw his resignation as the airline and its employees need him the mo

Published 27 Sep, 2012 12:00am

JCR-VIS upgrades entity ratings of HBL to AAA

JCR-VIS Credit Rating Company Limited has upgraded the entity ratings of Habib Bank Limited (HBL) to 'AAA/A-1+' (Triple A/A-One Plus) from 'AA+/A-1+' (Double A Plus/A-One Plus). Outlook on the ratings is 'Stable'. HBL has been continuing to demonstrate su

Published 27 Sep, 2012 12:00am

JCR-VIS upgrades entity ratings of HBL to AAA

Published 27 Sep, 2012 12:00am

PSO holds 36th annual general meeting

The nation's leading oil marketing company, Pakistan State Oil (PSO) convened its 36th Annual General Meeting at a local hotel. The event was chaired by Sohail Wajahat Siddiqui, Chairman-Board of Management (BoM) who congratulated the shareholders on bein

Published 27 Sep, 2012 12:00am

PSO holds 36th annual general meeting

Published 27 Sep, 2012 12:00am

AGM of Hubco to elect new board of directors

A high-profile annual general meeting (AGM) of Hub Power Company is due on 27th September 2012 which will also elect new board of directors (BoD). After the exit of the two founding sponsors from Hubco during FY12 (Xenel Group and International Power), th

Published 27 Sep, 2012 12:00am

Two men shot dead in Quetta

Two people were gunned down at Sariab Road in the city on Wednesday. According to police, some unidentified men opened fire on the road and injured two people. One of them succumbed to injuries on the way, while the other one died during treatment at the

Published 27 Sep, 2012 12:00am

Mohammad Zubair Chhaya elected KATI Chairman

Mohammad Zubair Chhaya has been elected unopposed as Chairman of Korangi Association of Trade and Industry (KATI) for the term 2012-13 in the annual general election held on Tuesday.

Published 27 Sep, 2012 12:00am

Commercial, social activities partially suspended

Following the funeral prayers of father and two sons, who were gunned down in Pan Mandi area on Tuesday, tension prevailed in Numaish and its other neighbourhoods on Wednesday.

Published 27 Sep, 2012 12:00am

Raheel elected NBFI chairman

Raheel Qamar Ahmad, CEO, Standard Chartered Modaraba has been elected as Chairman and Mohammed Khalid Ali, CEO, Security Leasing Corporation of Pakistan as Vice Chairman of NBFI & Modaraba Association of Pakistan for the period 2012-13. This was announced

Published 27 Sep, 2012 12:00am

Raheel elected NBFI chairman

Published 27 Sep, 2012 12:00am

Soneri Bank offering MoneyGram services

Soneri Bank will now facilitate the delivery of MoneyGram payments to beneficiaries through its extensive branch network, which covers most of the high home remittance volume receiving areas in Pakistan. Recently Soneri Bank also became a member of the PR

Published 27 Sep, 2012 12:00am

Pulses' import grows by 22 percent

The country's import of pulses grew by over 22 percent in August this fiscal year to $36.161 million because of the commodity's weak yield in the country, an importer said on Wednesday. "The country's production of channa [pulses] remained low this year,"

Published 27 Sep, 2012 12:00am

Don't ask Pakistan to do more: Zardari

President Asif Ali Zardari declared Tuesday before the United Nations that his country had suffered enough in its fight against extremist terror and should not be asked to do more. "No country and no people have suffered more in the epic struggle against

Published 27 Sep, 2012 12:00am

Japan to provide advance weather forecast system

A signing ceremony of "Minutes of discussion" of the project "Establishment of Specialised Medium Range Forecasting Centre (SMRFC) and Strengthening of Early Warning and Dissemination Network" was held in Pakistan Meteorological Department (PMD) on Wednes

Published 27 Sep, 2012 12:00am

Pak-India management conference: Pakistan land of opportunities: Vice President Nokia IMEA

"Pakistan is a land of opportunities and the credit for this goes to the huge youth population and the rich pool of talent available in the country." These sentiments were expressed by D Shiva Kumar, Senior Vice President, All India Management Association

Published 27 Sep, 2012 12:00am

Rs 500 old banknotes: SBP asks banks to facilitate public

The State Bank of Pakistan (SBP) has once again asked all banks operating in the country to issue necessary instructions to their branches to facilitate general public in exchanging Rs 500 old design & bigger size banknote. The last date for exchanging th

Published 27 Sep, 2012 12:00am

Hina meets UNGA's new president

Foreign Minister Hina Rabbani Khar met the new President of the UN General Assembly Vuk Jeremic on Wednesday on the sidelines of the UN General Assembly. Congratulating Jeremic on the assumption of presidency of the General Assembly, Foreign Minister Khar

Published 27 Sep, 2012 12:00am

Vegetable rates soar on POL price hike: vendors

Prices of all vegetables registered a substantial increase on the back of the hike in petroleum products rates, said retailers. Retailers said that the prices will further increase if the government persisted with its policy of periodic fuel price revisio

Published 27 Sep, 2012 12:00am

There's no room for opportunism, says Imran

There is no room for opportunists in Pakistan Tahreek-e-Insaf (PTI) and only honest political leaders can stay in PTI, the party's Chairman Imran Khan said on Wednesday. He was expressing these views while responding to a question about the resignation of

Published 27 Sep, 2012 12:00am

PTI rejects allegations

Pakistan Tehreek-e-Insaf (PTI) Secretary General Dr Arif Alvi has said that Dr Shireen Mazari preferred to resign from the party's membership after she was issued a show cause notice for publicly criticising the party. In a statement issued here on Wednes

Published 27 Sep, 2012 12:00am

Shireen Mazari quits PTI

Dr Shireen M Mazari on Wednesday resigned as vice-president of Pakistan Tehreek-e-Insaf (PTI), saying 'money and status-quo culture' has taken root in the party after its mammoth rally of October 30 in Lahore.

Published 27 Sep, 2012 12:00am

Business sentiment dips by nine percent

Despite general perception of growth in turnover and profitability, as suggested by recent corporate results, business sentiment dipped by 9 percent over the past six months due to growing concerns related to energy shortages, worsening security and infla

Published 27 Sep, 2012 12:00am

'Transportation is on verge of closure on soaring fuel prices'

Transporters on Tuesday showed their concerns over the rising fuel prices in the country, fearing the anti-transport policies of the government may deprive the metropolis of its largest public transportation. Talking to Business Recorder, President

Published 27 Sep, 2012 12:00am

By-elections on seven vacant NA and PA seats on November 17

The Election Commission of Pakistan has announced holding by-elections on November 17 on eight seats left vacant by the legislators declared ineligible by the Supreme Court in the dual nationality case. According to ECP candidates could file nomination pa

Published 27 Sep, 2012 12:00am

SECP implements five manuals for transparency, efficiency

The Securities and Exchange Commission of Pakistan (SECP) has implemented five manuals for greater transparency and efficiency. They deal with inspection, enquiry/ investigation, adjudication, litigation and offsite surveillance. They will be used by the

Published 27 Sep, 2012 12:00am

ECP still undecided about granting voting rights to expatriates

The Election Commission of Pakistan (ECP) has not yet decided whether to grant voting rights to four million overseas Pakistanis in the upcoming general elections. Earlier, the ECP was considering giving voting rights to Pakistanis who are settled abroad.

Published 27 Sep, 2012 12:00am

FBR launches drive against smuggled vehicles, Iranian POL products

In compliance of the directives issued by the Chairman FBR the Model Collectorate of Customs Preventive, under the leadership of Kahwar Farid Maneka, Collector of Customs Preventive has started a drive against smuggled vehicles, Iranian origin POL product

Published 27 Sep, 2012 12:00am

PARTLY FACETIOUS: Clinton was interested in well-being of Americans

"Hillary Clinton thanked the President for his handling of the protests."

Published 27 Sep, 2012 12:00am

'Territorial dispute'

I would like to highlight manifest errors and misunderstanding found in your editorial about the Senkaku Islands, which are an integral part of Japanese territory ("Territorial dispute" September 22). You can find further elaboration of my argument at htt

Published 27 Sep, 2012 12:00am

Catalan separatism hurts Spain's fight against crisis

The separatist movement gathering momentum in Spain's north-eastern Catalonia is threatening the country with growing instability just as it is struggling to cope with a deepening economic crisis. "The time has come" for the region of 7.6 million to apply

Published 27 Sep, 2012 12:00am

Balochistan Budget 2012-13: Compromising social development

The state of public finances in Balochistan has been substantially changed in 2011-12 and 2012-13 compared to that in 2010-11. It is an outcome of a conclusive 7th NFC Award and the phase-wise devolution of some key ministries under the 18th Constitutiona

Published 27 Sep, 2012 12:00am

VIEWPOINT: Disqualification laws

Last week, the Supreme Court bench hearing legislators' dual nationality case delivered its verdict, directing the Election Commission to disqualify eleven members of Parliament and provincial assemblies from both the treasury and opposition benches. The

Published 27 Sep, 2012 12:00am

An eloquent Zardari

Rarely does a Pakistani leader speak with such candour and eloquence. President Zardari, undoubtedly, put up a highly impressive show as he addressed the 67th session of the UN General Assembly in New York. We have done enough, suffered enough, and it's n

Published 27 Sep, 2012 12:00am

Deepening global recession

The news on the world economy is quite depressing. The World Trade Organisation (WTO) in its latest assessment has slashed its 2012 global trade outlook, citing the eurozone debt crisis and weak growth in the US and China as key factors. Global trade was

Published 27 Sep, 2012 12:00am

Khyber Pakhtunkhwa minister lauds President's speech in UNGA

Khyber Pakhtunkhwa Minister for Finance, Engr. Muhammad Humayun Khan has lauded the address of President Asif Ali Zardari to UN General Assembly who strongly criticised the blasphemous film and incitement of hate against the Muslim Ummah. He termed the ad

Published 27 Sep, 2012 12:00am

KCA elects executive committee, office-bearers

Mohammad Atif Dada and Waqas Anwar were elected unopposed as Chairman and Vice-Chairman of the Karachi Cotton Association for the year 2012. They would take the charge of their offices w.e.f. October 1. Final results of the election of the Executive Commi

Published 27 Sep, 2012 12:00am

Naeem Butt elected Chairman PFMA Khyber Pakhtunkhwa

Mohammad Naeem Butt has been elected as unanimous Chairman of Pakistan Flour Mills Association (PFMA), Khyber-Pakhtunkhwa while Mohammad Yusuf Afridi, Haji Sartaj Ali, Adan Khan and Khurram Suleman have been elected vice-chairmen for Peshawar, Malakand, N

Published 27 Sep, 2012 12:00am

BoP scam: parties given 30 days to resolve matter

Chief Justice Iftikhar Muhammad Chaudhry on Wednesday directed National Accountability Bureau, Bank of Punjab (BoP) and the owners of Haris Steel Mills to ensure recovery of accounts receivable from the Mills in a multi-billion Bank of Punjab (BoP) scam.

Published 27 Sep, 2012 12:00am

Shahdadkot-Qambar worst-hit district: report on rain losses sent to Qaim

Immediate supply of food items should be initiated and drinking water would be provided to thousands of rain-affected families in district Shahdadkot-Qambar, worst affected district by the recent heavy rains/flood. Sindh Relief Department has recommended

Published 27 Sep, 2012 12:00am

'Ineffective management is hurting growth prospects of businesses'

The Chartered Global Management Accountant (CGMA) report, "Talent pipeline draining growth: Connecting human capital to the growth agenda", reveals that the financial performance and growth prospects of many businesses are being blighted by their failure

Published 27 Sep, 2012 12:00am

Domestic sugar output set to exceed five million tons mark: millers

The domestic sugar output is likely to surge past five million tons with the start of the new crushing season this year (2012-2013), about 5 percent higher than the previous year's 4.75 million tons, Business Recorder learnt on good authority on We

Published 27 Sep, 2012 12:00am

Fata EPI technicians demand regularisation of services

The Federally Administered Tribal Areas (Fata) health technicians', served under Expanded Polio Immunisation (EPI) programme, held a protest demonstration against the transferring of their services from contract to fix-pay, demanding for immediate regular

Published 27 Sep, 2012 12:00am

Investigations into Hajj scam: FIA chief asked to hand over charge to Asghar

Supreme Court on Wednesday ordered the Director General Federal Investigation Agency (FIA) to hand over the charge of investigations into Hajj scam to Hussain Asghar. A three-member bench headed by Chief Justice Iftikhar Muhammad Chaudhry was hearing the

Published 27 Sep, 2012 12:00am

Anti-Islam film: high alert in capital on possible protests tomorrow

Security remains on high alert in the capital city and law enforcement agencies have not yet removed containers and barbed wires placed around the Red Zone. "The city police have received information that some organisations are planning protests this comi

Published 27 Sep, 2012 12:00am

Chinese envoy meets Nawabzada Malik Amad

Liu Jian, Ambassador of the People's Republic of China called on the Minister of State for Foreign Affairs, Nawabzada Malik Amad Khan here on Wednesday. He sympathised on the recent devastation caused by the tragic floods in Pakistan. He handed over a che

Published 27 Sep, 2012 12:00am

Supporting war-affected economy: Khyber Pakhtunkhwa businessmen ask to extend Prime Minister fiscal relief package

The founder and senior leader of Businessmen Forum, Senator, Ilyas Ahmad Bilour, has asked the federal government to further extend the Prime Minister Fiscal Relief Package for two years, saying that the facility was played important role for supporting t

Published 27 Sep, 2012 12:00am

Official says government/FBR can grant tax relief sans parliament nod

Additional Secretary Revenue Division Shahid Rahim Sheikh has said that the Federal government or Federal Board of Revenue (FBR) are legally empowered to reduce tax rates or grant general/special exemptions under the Sales Tax Act, 1990, Customs Act, 1969

Published 27 Sep, 2012 12:00am

German business team due in November: envoy

The German Ambassador Dr Cyrill Nunn said that in four weeks' time Pakistan will be able to benefit from preferential trade arrangement that would allow low-tariff exports to the European Union. He was speaking at the Lahore Chamber of Commerce and Indust

Published 27 Sep, 2012 12:00am

USAID imparts agriculture business training to 64 specialists

The United States Agency for International Development (USAID) imparted agri business training to 64 specialists of agriculture ministries from Khyber-Pakhtunkhawa, Gilgit-Baltistan, Azad Jammu and Kashmir (AJK), Sindh and Balochistan to help strengthen t

Published 27 Sep, 2012 12:00am

Assistance for Waseela-e Taleem: BISP likely to get £279 million from Britain's DFID

Britain's Department of International Development (DFID) is likely to provide £279 million to the Benazir Income Support Program (BISP) as financial assistance for Waseela-e Taleem. Sources told Business Recorder here on Wednesday that DFID is like

Published 27 Sep, 2012 12:00am

Favouring fertiliser industry: PEW opposes petroleum ministry's plan

The Pakistan Economy Watch (PEW) has opposed a plan of Petroleum Minister to grab Rs 38 billion from national kitty to favour some business tycoons of fertiliser industry. In a statement issued here on Wednesday.

Published 27 Sep, 2012 12:00am

JS Investments announces financial results

JS Investments Limited (JSIL) has recently announced its financial results for the period ended June 30, 2012. The after tax profit for the said period was Rs 135.17 million with an EPS of Rs 1.35.

Published 27 Sep, 2012 12:00am

JS Investments announces financial results

JS Investments Limited (JSIL) has recently announced its financial results for the period ended June 30, 2012. The after tax profit for the said period was Rs 135.17 million with an EPS of Rs 1.35.

Published 27 Sep, 2012 12:00am

Tobacco farmers launch 'Save our farms' campaign

Tobacco farmers, participating in the 3rd Asia Tobacco Forum in Manila, launched "Save our farms", a grassroots campaign to fight radical new guidelines that would devastate the livelihoods of millions of tobacco farmers in Asia.

Published 27 Sep, 2012 12:00am

Basit meets member of Bundestag in Berlin

Ambassador Abdul Basit met with Ms Petra Ernstberger, Member of the Bundestag and Chairperson of the Parliamentary Group for South Asia in Berlin, where they discussed issues of mutual interest, says a press release issued on Wednesday. The Ambassador bri

Published 27 Sep, 2012 12:00am

Baizai Irrigation scheme to be beneficial for Khyber Pakhtunkhwa farmers: Hoti

Chief Minister, Khyber Pakhtunkhwa, Amir Haider Khan Hoti, has said that completion of Baizai Irrigation Scheme will irrigate 25,000 acres land and will create positive impacts on lives of the people and economy. He was addressing a gathering at Grid Stat

Published 27 Sep, 2012 12:00am

Budget deficit targets unmet because of circular debt: official

The government's inability to resolve circular debt in the power sector is a major factor responsible for the failure to meet its budget deficit targets, sources told this correspondent on Wednesday. The government continued to extend massive subsidies to

Published 27 Sep, 2012 12:00am

RIG to submit petition: UN urged to introduce law to control acts of blasphemy

Western governments should either criminalize blasphemy as a contempt of all religions or repeal their respective anti-Semitism laws, which requires the governments to document acts of physical violence perpetrated against Jews, to ensure freedom of expre

Published 27 Sep, 2012 12:00am

Pak-Saudi JMC agrees to boost economic ties

Pakistan and Saudi Arabia have decided to further enhance bilateral economic ties in various sectors including banking, agriculture, investment, education, infrastructure development, energy and health. This was decided Wednesday in the sitting of the 9th

Published 27 Sep, 2012 12:00am

Conference

The Chartered Accountants Students' Association (South) [CASA(S)] is organising the Annual Chartered Accountant Students' conference with the theme chosen is "Reasons to Believe" to be held on Thursday in Karachi.

Published 27 Sep, 2012 12:00am

PSMC CBA's tenure extended

National Industrial Relations Commission (NIRC) on Wednesday announced extension in the tenure of Pakistan Steel CBA for another year and now the present CBA will hold office till June 22, 2013. This decision was announced by Chaudhry Shaukat Nawaz Goraya

Published 27 Sep, 2012 12:00am

UAF vice chancellor urges young faculty to focus on marketing their researches

University of Agriculture Faisalabad (UAF) will get International Certification of its faculty members thereby to earn international recognition of their professional domains and make them a proud member of the highly qualified pool of the world.

Published 27 Sep, 2012 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 25	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 25 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 25 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 25 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 25 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 25 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 25 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 25 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 25 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 25 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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