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Print - 2012-10-10
PIDC approves budget for 2012-13

PIDC approves budget for 2012-13

Pakistan Industrial Development Corporation (PIDC) had arranged its Board meeting in the Ministry of Production. Minister for Production Anwar Ali Cheema, along with Secretary Production Gul Muhammad Rind chaired the meeting. PIDC Chairman Kahlid Mehmood
Published 10 Oct, 2012 12:00am
OGDCL achieves 4.6 percent growth in oil and gas production

OGDCL achieves 4.6 percent growth in oil and gas production

Masood Siddiqui Managing Director/ Chief Executive Officer, Oil & Gas Development Company Limited (OGDCL) stated that the company has achieved 4.6% growth rate in production of oil and gas, a significant increase in exploration. He said that it will drill
Published 10 Oct, 2012 12:00am
PIAF for paradigm shift in trade Policymaking

PIAF for paradigm shift in trade Policymaking

Pakistan Industrial and Traders Associations Front (PIAF) on Tuesday called for an early announcement and implementation of new trade policy in letter and spirit with a clear-cut export target to the Pakistan Missions abroad. The Chairman PIAF Engineer So
Published 10 Oct, 2012 12:00am
LHC moved against raise in POL, CNG prices

LHC moved against raise in POL, CNG prices

A consumers' rights organisation has challenged the recent increase in petroleum and gas prices before the Lahore High Court. The petitioner contended that the increase was a fraud on citizens. Its counsel Advocate Mateen-ul-Haq Chaudhry pleaded that pric
Published 10 Oct, 2012 12:00am
PIC gives pacemakers to 60 heart patients in three months

PIC gives pacemakers to 60 heart patients in three months

As many as 60 heart patients were given pacemakers during the last three months, from July till September, while six further deserving patients were also provided pacemakers on behalf of the Patients Welfare Society. Medical Superintendent of Punjab Insti
Published 10 Oct, 2012 12:00am
Six alleged car thieves arrested

Six alleged car thieves arrested

Malir police on Tuesday claimed arresting five accused allegedly involved in car theft incidents in the city. Addressing a press conference, SP Malir Division Jan Mohammad Barhamani said that police arrested three persons riding a car (NWH-759) during a s
Published 10 Oct, 2012 12:00am
Entrepreneurship development programme to be initiated soon

Entrepreneurship development programme to be initiated soon

Chairman Sindh Investment Board Muhammad Zubair Motiwala has said that 6-month training programme titled "Entrepreneurship Development Programme" with 4-month classroom training and 2-month of applied on-farm training for 150 candidates will be initiated
Published 10 Oct, 2012 12:00am
APCMA re-elects Aizaz Mansoor as chairman

APCMA re-elects Aizaz Mansoor as chairman

All Pakistan Cement Manufacturers Association (APCMA) has re-elected Aizaz Mansoor Sheikh unanimously as Chairman of APCMA in its Annual General Meeting held at APCMA Secretariat, Lahore. According to an announcement issued by the APCMA here on Tuesday Sa
Published 10 Oct, 2012 12:00am
ARL organises conference

ARL organises conference

Attock Refinery limited (ARL) organised an in-house one day Learning & Innovation Conference here on Tuesday, which was attended by people from different walk of life. Speaking on the occasion, M. Adil Khattak, Chief Executive Officer, ARL said that the c
Published 10 Oct, 2012 12:00am
Islamabad's 'Red Zone' expanded

Islamabad's 'Red Zone' expanded

The Ministry of Interior on Tuesday ordered the expansion of the limits of the Red Zone, banning the entry of unauthorised people in the area. Expanding the Red Zone's limits to the Embassy Road in Sector G-6, federal interior minister ordered to only all
Published 10 Oct, 2012 12:00am
Federation, CACCI agree to boost cooperation

Federation, CACCI agree to boost cooperation

The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and Confederation of Asia Pacific Chamber of Commerce and Industry (CACCI) on Tuesday agreed to expand mutual co-operation. Speaking at a function organised by FPPCI here Ambassador Bened
Published 10 Oct, 2012 12:00am
Polio eradication is second crucial target in FATA: Kausar

Polio eradication is second crucial target in FATA: Kausar

Governor Khyber-Pakhtunkhwa, Barrister Masood Kausar, said that polio eradication is the second most important target after restoration of peace in FATA. This he said as a Chief Guest in a meeting for polio eradication in FATA at Governor's House Peshawar
Published 10 Oct, 2012 12:00am
SCCI members call for revising wheat price in Khyber Pakhtunkhwa

SCCI members call for revising wheat price in Khyber Pakhtunkhwa

Following the fixing of low wheat prices by Punjab government against the Khyber Pakhtunkhwa, the chairman, Sarhad Chamber of Commerce and Industry (SCCI) Standing Committee on flour mill and the chamber vice president, Malik Iftikhar Awan demanded of the
Published 10 Oct, 2012 12:00am
Scholars have divergent views on Nato's role

Scholars have divergent views on Nato's role

Danish scholars though presented conflicting views on future of Nato in South Asia after Afghan combat and called for comprehensive multilateral debate to resolve the regional issues. Professor Dr Sten Rynning, University of Southern Denmark and Dr Peter
Published 10 Oct, 2012 12:00am
Punjab chief minister condemns attack on Mingora school van

Punjab chief minister condemns attack on Mingora school van

The Punjab CM on Tuesday said that Malala is daughter of the nation, and he fervently prays for her early recovery. The CM said he had been deeply saddened, grieved and shocked over the firing incident on such a brilliant daughter of the nation. He said t
Published 10 Oct, 2012 12:00am
Manto's flat at Laxmi Mansion for sale

Manto's flat at Laxmi Mansion for sale

As the world celebrates centenary of Saadat Hassan Manto (May 11, 1912 - January 18, 1955), undoubtedly one of the best short story tellers of the 20th century, and one of the most controversial as well, his descendents have decided to sell his famous fla
Published 10 Oct, 2012 12:00am
53,000 liters of smuggled Iranian diesel seized

53,000 liters of smuggled Iranian diesel seized

On the directives of Chairman FBR, the Anti Smuggling Organisation of Customs Preventive, Karachi under the leadership of Collector of Customs Preventive has started a drive against smuggled Iranian origin POL products. The haul during last week included
Published 10 Oct, 2012 12:00am
Fazl to announce revival of MMA sans Jamat-e-Islami

Fazl to announce revival of MMA sans Jamat-e-Islami

Jammiat Ulema-i-Islam Maulana Fazlur Rehman has announced to revive Muttahida Majlis-i-Amal (MMA), a conglomerate of different religious parties, on October 18 without Jamat-e-Islami. Talking to mediapersons on Tuesday, the maulana said that the JUI-F, JU
Published 10 Oct, 2012 12:00am
Two cellular operators applied for ADRC: Raouf

Two cellular operators applied for ADRC: Raouf

Senior Member Policy Federal Board of Revenue (FBR) Asrar Raouf said on Tuesday that two cellular operators have applied for the constitution of the Alternative Dispute Resolution Committee (ADRC) on admissibility of tax on interconnection charges, but it
Published 10 Oct, 2012 12:00am
Man killed; two bodies recovered

Man killed; two bodies recovered

A man was killed for resisting a robbery bid in New Karachi area while two bodies stuffed in gunny bags were recovered from Mewa Shah graveyard here on Tuesday. According to police, at least two armed pillion riders tried to robbed a man in Sector 5-M, Ne
Published 10 Oct, 2012 12:00am
Amendments in EOBI Act: bank's petition allowed by SHC

Amendments in EOBI Act: bank's petition allowed by SHC

The honourable High Court of Sindh in a Constitutional Petition No D-1588 of 2012 in a case filed by Soneri Bank Limited, has declared that amendments made in the Employees Old Benefit Act 1976 through the Finance Act 2008 under Section 9 (4) - a Money Bi
Published 10 Oct, 2012 12:00am
SBC to hold protest rally outside KPC today

SBC to hold protest rally outside KPC today

Sindh Bachayo (save) Committee (SBC) along with political and religious parties to hold a rally today (Wednesday) and stage a sit-in protest outside the Karachi Press Club (KPC) against Sindh Peoples Local Government (SPLG) Bill 2012", said Syed Jalal Meh
Published 10 Oct, 2012 12:00am
HBL, TPSL, Serena Hotels sign accord

HBL, TPSL, Serena Hotels sign accord

Habib Bank Limited (HBL), Pakistan's largest commercial bank, inked an agreement with Tourism Promotion Services (Pakistan) Limited, owners and operators of the Serena Hotels in Pakistan. Representing HBL at the signing ceremony were Nauman K. Dar, Presid
Published 10 Oct, 2012 12:00am
HBL, TPSL, Serena Hotels sign accord

HBL, TPSL, Serena Hotels sign accord

Habib Bank Limited (HBL), Pakistan's largest commercial bank, inked an agreement with Tourism Promotion Services (Pakistan) Limited, owners and operators of the Serena Hotels in Pakistan. Representing HBL at the signing ceremony were Nauman K. Dar, Presid
Published 10 Oct, 2012 12:00am
US-Pakistan Business Opportunities Conference concludes

US-Pakistan Business Opportunities Conference concludes

A two-day US-Pakistan Business Opportunities Conference co-hosted by the United States Trade Representative (USTR), Embassy of Pakistan, Washington DC, Board of Investment and Ministry of Commerce on 4-5 October 2012 in London concluded. Ambassador Susman
Published 10 Oct, 2012 12:00am
Siemens Pakistan appoints new CEO

Siemens Pakistan appoints new CEO

The board of directors of Siemens Pakistan has appointed Guenter Zwickl as new Chief Executive Officer and managing director. Zwickl will continue to focus on streamlining and growing the company's business in the country and further developing local expe
Published 10 Oct, 2012 12:00am
Best Corporate Report Award given to FHM

Best Corporate Report Award given to FHM

The joint committee of Institute of Chartered Accountant of Pakistan (ICAP) and Institute of Cost and Management Accountant Pakistan (ICMAP) in the ceremony held on Monday awarded "Best Corporate Report Award" to First Habib Modaraba (FHM) under the categ
Published 10 Oct, 2012 12:00am
Best Corporate Report Award given to FHM

Best Corporate Report Award given to FHM

The joint committee of Institute of Chartered Accountant of Pakistan (ICAP) and Institute of Cost and Management Accountant Pakistan (ICMAP) in the ceremony held on Monday awarded "Best Corporate Report Award" to First Habib Modaraba (FHM) under the categ
Published 10 Oct, 2012 12:00am
Supreme Court takes suo motu notice of 13 girls

Supreme Court takes suo motu notice of 13 girls

Chief Justice of Pakistan Iftikhar Muhammad Chaudhry on Tuesday took suo motu notice of declaring 13 girls as wani by a jirga in Balochistan's Dera Bugti, a private TV reported. Wani is a child marriage custom in tribal areas of Pakistan. While hearing Ba
Published 10 Oct, 2012 12:00am
Nisar challenges NAB chairman's appointment

Nisar challenges NAB chairman's appointment

Opposition leader in National Assembly Chaudhry Nisar Ali Khan on Tuesday urged Supreme Court to take up a petition that had challenged the appointment of Admiral Fasih Bukhari (Retd) as Chairman National Accountability Bureau (NAB). Nisar had made federa
Published 10 Oct, 2012 12:00am
Number of child labourers exceeds 12 million in Pakistan

Number of child labourers exceeds 12 million in Pakistan

The total number of child labourers in Pakistan has exceeded 12 million, which will drastically affect the progress and development of the country both social as well as economic in the long-run. This was the crux of a ceremony titled "Combating Abusive C
Published 10 Oct, 2012 12:00am
Parliament body on Kashmir meets

Parliament body on Kashmir meets

Water is essential for the economy of Pakistan and India is stealing water of the rivers, namely Sindh, Jhelum and Chanab, allocated to Pakistan under the Indus Water Treaty. Therefore, Pakistan should be alert and India should be stopped from doing this
Published 10 Oct, 2012 12:00am
Cabinet set to discuss Balochistan issue tomorrow

Cabinet set to discuss Balochistan issue tomorrow

The Federal Cabinet would meet on Thursday (tomorrow) to discuss the Balochistan issue in the light of recommendations formulated by the special ministerial committee headed by the Minister for Defence, Syed Naveed Qamar. The Defence Minister told the Nat
Published 10 Oct, 2012 12:00am
Foreign investors can invest without any restrictions: President

Foreign investors can invest without any restrictions: President

President Asif Ali Zardari Tuesday urged foreign investors and entrepreneurs to take full advantage of enormous potential and opportunities for investment available in Pakistan due to availability of intelligent, trained and hard-working people coupled wi
Published 10 Oct, 2012 12:00am
'Special teams to conduct surprise visits to prisons'

'Special teams to conduct surprise visits to prisons'

Surprise visits would be paid to all jails in view of the complaints lodged by prisoners and visitors, while open katcheries would also be held in this regard. Special teams are being formed, to be headed by Minister Prisons, in this connection.
Published 10 Oct, 2012 12:00am
PU teacher wins transnational education uplift grant

PU teacher wins transnational education uplift grant

Punjab University Department of Zoology's Professor Dr Zulfiqar Ali has won Transnational Education Programme Development grant from British Council in their INSPIRE programme. According to details, University of the Punjab and University of Essex-UK have
Published 10 Oct, 2012 12:00am
Khyber Pakhtunkhwa governor, Asfandyar condemn attack

Khyber Pakhtunkhwa governor, Asfandyar condemn attack

Khyber Pakhtunkhwa Governor Barrister Masood Kausar has strongly condemned the firing at the young student and social worker Malala Yousufzai and her colleagues in Swat on Tuesday and wished their early recovery. In a press statement here, the Governor sa
Published 10 Oct, 2012 12:00am
Punjab youth festival in full swing

Punjab youth festival in full swing

The Punjab Youth Festival is providing a vibrant platform to the youth to express their thoughts, expertise, and show their talent and pursue their future professional endeavours. This was stated by UAF Vice Chancellor Professor Dr Iqrar Ahmad Khan (SI) w
Published 10 Oct, 2012 12:00am
No jobs available in Balochistan despite receiving huge funds: CJ

No jobs available in Balochistan despite receiving huge funds: CJ

Chief Justice of Pakistan Iftikhar Mohamamd Chaudhry has said that missing persons' issues has become a global issue, but the court will not go beyond constitutional limitations and seek an amicable solution. A three-member bench of the Supreme Court comp
Published 10 Oct, 2012 12:00am
Bilawal condemns attack on Malala

Bilawal condemns attack on Malala

PPP Chairman Bilawal Bhutto Zardari on Tuesday condemned the attack on the life of Pakistan's youngest Peace Award winner Malala Yousafzai. Talking to media persons, the PPP Chairman called for all those still living in denial to wake up and stand united
Published 10 Oct, 2012 12:00am
Seminar

Seminar

The Mansoora Degree College for Women on Tuesday, organised a seminar aimed at educating the students about the preventive measures against the dengue fever and its symptoms. The seminar held at the Mansoora auditorium, was chaired by the Jamaat-i-Islami
Published 10 Oct, 2012 12:00am
Aptma Punjab rejects EMC's load management plan

Aptma Punjab rejects EMC's load management plan

Shahzad Ali Khan, Chairman All Pakistan Textile Mills Association (Aptma) Punjab, has rejected outrightly the load management plan given by the Energy Management Cell (EMC), putting textile industry on six hours a day load shedding while giving a major re
Published 10 Oct, 2012 12:00am
'Intel SMB Technology Day' held

'Intel SMB Technology Day' held

Intel Pakistan in collaboration with the Lahore Chamber of Commerce and Industries (LCCI) held a two-day event "Intel SMB Technology Day" to showcase latest technology solutions for increasing business productivity offered by Intel. The event was inaugura
Published 10 Oct, 2012 12:00am
'Intel SMB Technology Day' held

'Intel SMB Technology Day' held

Intel Pakistan in collaboration with the Lahore Chamber of Commerce and Industries (LCCI) held a two-day event "Intel SMB Technology Day" to showcase latest technology solutions for increasing business productivity offered by Intel. The event was inaugura
Published 10 Oct, 2012 12:00am
Consultative workshop on 'Media for Peace' held

Consultative workshop on 'Media for Peace' held

There is a greater need for cross-media collaboration within Pakistani media to promote peace in the country through exchange and implementation of best practices of responsible reporting, said prominent broadcast and print media journalists at the end of
Published 10 Oct, 2012 12:00am
Musharraf condemns attack on Malala

Musharraf condemns attack on Malala

Former president and chief of APML, Pervez Musharraf, on Tuesday condemned the attack on National Peace Award winner Malala Yousufzai, saying that actually this was an attack on peace and education. In a statement issued here from APML's central informati
Published 10 Oct, 2012 12:00am
All agenda items left unaddressed by National Assembly

All agenda items left unaddressed by National Assembly

The National Assembly Tuesday did not take any agenda item and the proceedings were based only on points of orders by lawmakers. There were 28 items on the agenda including five reports on various bills of standing committees, three bills for passage, one
Published 10 Oct, 2012 12:00am
PPL bags best corporate report award

PPL bags best corporate report award

Pakistan Petroleum Limited (PPL) bagged the Best Corporate Report Award (BCRA) in the Fuel and Energy sector for its Annual Report 2011. The company stood first among five shortlisted organisations. PPL was also adjudged as runner-up across all sectors. T
Published 10 Oct, 2012 12:00am
Bestway Cement

Bestway Cement

Introduction: Bestway Cement Limited is the subsidiary company of Bestway group based in United Kingdom. Bestway is the perfect example of a group having a diversified operations and revenue base. The group has cement manufacturing, global banking,
Published 10 Oct, 2012 12:00am
Bestway Cement

Bestway Cement

Introduction: Bestway Cement Limited is the subsidiary company of Bestway group based in United Kingdom. Bestway is the perfect example of a group having a diversified operations and revenue base. The group has cement manufacturing, global banking,
Published 10 Oct, 2012 12:00am
'Brain-eating' amoeba kills 10

'Brain-eating' amoeba kills 10

Authorities have launched an urgent investigation after a rare water-borne "brain-eating" amoeba killed 10 people in four months, officials said Tuesday. The water company and health officials monitoring water in Karachi, home to 18 million people, have b
Published 10 Oct, 2012 12:00am
'Brain-eating' amoeba kills 10

'Brain-eating' amoeba kills 10

Authorities have launched an urgent investigation after a rare water-borne "brain-eating" amoeba killed 10 people in four months, officials said Tuesday. The water company and health officials monitoring water in Karachi, home to 18 million people, have b
Published 10 Oct, 2012 12:00am
Postal ballot: government trying to facilitate expats, says Naek

Postal ballot: government trying to facilitate expats, says Naek

The government is trying to facilitate overseas Pakistanis to cast their votes in the upcoming general election through postal ballot. This was stated on Tuesday by Minister for Law and Justice, Farooq H Naek at the National Assembly while responding to a
Published 10 Oct, 2012 12:00am
Postal ballot: government trying to facilitate expats, says Naek

Postal ballot: government trying to facilitate expats, says Naek

The government is trying to facilitate overseas Pakistanis to cast their votes in the upcoming general election through postal ballot. This was stated on Tuesday by Minister for Law and Justice, Farooq H Naek at the National Assembly while responding to a
Published 10 Oct, 2012 12:00am
India''s new reform drive to draw investment: US

India''s new reform drive to draw investment: US

India''s new drive to reform its economy will spur growth in private investment and income, US Treasury Secretary Timothy Geithner said on Tuesday, welcoming recent steps that have ended more than a year of policy paralysis in New Delhi. Sitting beside P.
Published 10 Oct, 2012 12:00am
India's new reform drive to draw investment: US

India's new reform drive to draw investment: US

India's new drive to reform its economy will spur growth in private investment and income, US Treasury Secretary Timothy Geithner said on Tuesday, welcoming recent steps that have ended more than a year of policy paralysis in New Delhi. Sitting beside P.
Published 10 Oct, 2012 12:00am
India's new reform drive to draw investment: US

India's new reform drive to draw investment: US

India's new drive to reform its economy will spur growth in private investment and income, US Treasury Secretary Timothy Geithner said on Tuesday, welcoming recent steps that have ended more than a year of policy paralysis in New Delhi. Sitting beside P.
Published 10 Oct, 2012 12:00am
The Weather

The Weather

The weather report on Tuesday (October 09, 2012) and the forecast for Wednesday (October 10, 2012).

Published 10 Oct, 2012 12:00am
Indonesia arrests 97 migrants

Indonesia arrests 97 migrants

Indonesian police have arrested 80 Pakistanis and 17 Afghans stranded after their boat hit a reef as they tried to reach Australia's Christmas Island, an official said Tuesday. Australia is struggling to deal with a steady influx of asylum-seekers arrivin
Published 10 Oct, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 09, 2012).

Published 10 Oct, 2012 12:00am
Indonesia arrests 97 migrants

Indonesia arrests 97 migrants

Indonesian police have arrested 80 Pakistanis and 17 Afghans stranded after their boat hit a reef as they tried to reach Australia's Christmas Island, an official said Tuesday. Australia is struggling to deal with a steady influx of asylum-seekers arrivin
Published 10 Oct, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 09, 2012).

Published 10 Oct, 2012 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 10 Oct, 2012 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 10 Oct, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (October 09, 2012).

Published 10 Oct, 2012 12:00am
FMPAC clarification

FMPAC clarification

Apropos a news item carried by Business Recorder yesterday, the Fertiliser Manufacturers Pakistan Advisory Council has clarified: "Currently, the domestic producers are selling urea for Rs 1,659 inclusive of GST(Rs 237 per bag), which is significan
Published 10 Oct, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (October 09, 2012) and for Wednesday (October 10, 2012).
Published 10 Oct, 2012 12:00am
FMPAC clarification

FMPAC clarification

Apropos a news item carried by Business Recorder yesterday, the Fertiliser Manufacturers Pakistan Advisory Council has clarified: "Currently, the domestic producers are selling urea for Rs 1,659 inclusive of GST(Rs 237 per bag), which is significan
Published 10 Oct, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (October 09, 2012).

Published 10 Oct, 2012 12:00am
FMPAC clarification

FMPAC clarification

Apropos a news item carried by Business Recorder yesterday, the Fertiliser Manufacturers Pakistan Advisory Council has clarified: "Currently, the domestic producers are selling urea for Rs 1,659 inclusive of GST(Rs 237 per bag), which is significan
Published 10 Oct, 2012 12:00am
Alleged Arsalan-Riaz deals: inquiry commission seeks more time

Alleged Arsalan-Riaz deals: inquiry commission seeks more time

An application filed on Tuesday by one-member Shoaib Suddle Commission sought more time to investigate alleged business deals worth Rs 342 million between the son of Chief Justice Iftikhar Muhammad Chaudhry and business tycoon Malik Riaz Hussain. Accordin
Published 10 Oct, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (October 09, 2012).

Published 10 Oct, 2012 12:00am
Alleged Arsalan-Riaz deals: inquiry commission seeks more time

Alleged Arsalan-Riaz deals: inquiry commission seeks more time

An application filed on Tuesday by one-member Shoaib Suddle Commission sought more time to investigate alleged business deals worth Rs 342 million between the son of Chief Justice Iftikhar Muhammad Chaudhry and business tycoon Malik Riaz Hussain. Accordin
Published 10 Oct, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 09, 2012).

Published 10 Oct, 2012 12:00am
Economic slowdown worsening: IMF cuts forecasts

Economic slowdown worsening: IMF cuts forecasts

The IMF said the global economic slowdown is worsening as it cut its growth forecasts for the second time since April and warned US and European policymakers that failure to fix their economic ills would prolong the slump. Global growth in advanced econom
Published 10 Oct, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 09, 2012).

Published 10 Oct, 2012 12:00am
Economic slowdown worsening: IMF cuts forecasts

Economic slowdown worsening: IMF cuts forecasts

The IMF said the global economic slowdown is worsening as it cut its growth forecasts for the second time since April and warned US and European policymakers that failure to fix their economic ills would prolong the slump. Global growth in advanced econom
Published 10 Oct, 2012 12:00am
Economic slowdown worsening: IMF cuts forecasts

Economic slowdown worsening: IMF cuts forecasts

The IMF said the global economic slowdown is worsening as it cut its growth forecasts for the second time since April and warned US and European policymakers that failure to fix their economic ills would prolong the slump. Global growth in advanced econom
Published 10 Oct, 2012 12:00am
Economic slowdown worsening: IMF cuts forecasts

Economic slowdown worsening: IMF cuts forecasts

The IMF said the global economic slowdown is worsening as it cut its growth forecasts for the second time since April and warned US and European policymakers that failure to fix their economic ills would prolong the slump. Global growth in advanced econom
Published 10 Oct, 2012 12:00am
THE RUPEE: dollar near to 96 level

THE RUPEE: dollar near to 96 level

The dollar is close to 96 level in relation to the rupee on the open market in process of strong demand for the greenback, currency experts said. The rupee shed one-paisa against the dollar for buying at 95.55, however, the national currency gained same a
Published 10 Oct, 2012 12:00am
BRIndex30 gains 52.32 points

BRIndex30 gains 52.32 points

On Tuesday, BRIndex30 opened at 10,673.24. It touched an intraday high of 10,735.33 and an intraday low of 10,620.96 and closed at 10,725.56 which was 52.32 points or 0.49 percent higher than previous close. Total volume was 59,301,000, which was 53.44 pe
Published 10 Oct, 2012 12:00am
THE RUPEE: dollar near to 96 level

THE RUPEE: dollar near to 96 level

The dollar is close to 96 level in relation to the rupee on the open market in process of strong demand for the greenback, currency experts said. The rupee shed one-paisa against the dollar for buying at 95.55, however, the national currency gained same a
Published 10 Oct, 2012 12:00am
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