AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
Nov 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-11-16
Panetta orders ethics review for US top brass

Panetta orders ethics review for US top brass

Defence Secretary Leon Panetta ordered US military commanders on Thursday to carry out a review of ethics training among senior officers amid a widening sex scandal that cost CIA chief David Petraeus his job. Recent cases of misconduct involving the top b
Published 16 Nov, 2012 12:00am
Russia warns of tough response to US human rights bill

Russia warns of tough response to US human rights bill

Russia warned on Thursday that the US Congress will damage relations with Moscow if it passes legislation designed to punish Russian officials for human rights violations, and threatened a firm response. US lawmakers may vote on Friday on a measure direct
Published 16 Nov, 2012 12:00am
South African farm workers defy calls to end strike

South African farm workers defy calls to end strike

Striking South African farm workers resisted a government call to return to work Thursday and demanded action against police over the death of one of their colleagues during clashes. A day after a 28-year-old was killed in clashes with police and the gove
Published 16 Nov, 2012 12:00am
Tamils demand foreign probe after Sri Lanka war report

Tamils demand foreign probe after Sri Lanka war report

Sri Lanka's main Tamil party Thursday demanded an international inquiry after the UN admitted it failed to protect thousands of civilians killed by troops in the final phase of the country's conflict in 2009. The moderate Tamil National Alliance said the
Published 16 Nov, 2012 12:00am
WHO eases rules on meningitis vaccine

WHO eases rules on meningitis vaccine

In a breakthrough for the fight against meningitis in poor countries, researchers say the WHO has ruled that a key vaccine can be transported or stored for up to four days without refrigeration. The previously-approved vaccine is aimed at helping in the s
Published 16 Nov, 2012 12:00am
BP agrees to pay $4.5 billion in penalties for US oil spill

BP agrees to pay $4.5 billion in penalties for US oil spill

BP Plc will pay $4.5 billion in penalties and plead guilty to felony misconduct in the Deepwater Horizon disaster, which killed 11 workers and caused the worst US offshore oil spill ever. The settlement includes a $1.256 billion criminal fine, the largest
Published 16 Nov, 2012 12:00am
Jamal Mian: Demise of a way of life

Jamal Mian: Demise of a way of life

Maulana Jamaluddin Abdul Wahhab of Farangi Mahall, commonly known as Jamal Mian, died on 14th November 2012 aged 93. Jamal Mian was the last surviving member of the Muslim League High Command which campaigned for the creation of Pakistan. For over forty y
Published 16 Nov, 2012 12:00am
PML-N to field strong candidates: Nawaz

PML-N to field strong candidates: Nawaz

Pakistan Muslim League-N will field strong candidates with good reputations in the upcoming general elections, PML-N president Nawaz Sharif said here on Thursday. He was talking to former MNA from Kot Addu (Muzaffargarh) Mian Ghulam Abbas Qureshi, former
Published 16 Nov, 2012 12:00am
Worsening law, order situation: Malik holds 'big guns' responsible

Worsening law, order situation: Malik holds 'big guns' responsible

Interior Minister Rehman Malik has stunned the Federal Cabinet by maintaining that the country's "big guns" are responsible for worsening law and order situation through their support to banned outfits and warned that killings are likely to increase durin
Published 16 Nov, 2012 12:00am
Six dead in DR Congo clashes between army, rebels

Six dead in DR Congo clashes between army, rebels

Six rebels wearing Rwandan army uniforms on Thursday died in clashes between the M 23 rebel group and DR Congo government troops in the country's war-torn east, a Congolese government spokesman said. Fighting between the two broke out early Thursday near
Published 16 Nov, 2012 12:00am
Major powers to map Iran strategy, Tehran wants to meet soon

Major powers to map Iran strategy, Tehran wants to meet soon

Major powers will discuss negotiating strategy towards Iran next Wednesday amid signs of a renewed push to resolve the nuclear dispute peacefully after US President Barack Obama's re-election last week. Obama and Iran's chief nuclear negotiator this week
Published 16 Nov, 2012 12:00am
Gaza toll hits 15 as rockets kill three Israelis

Gaza toll hits 15 as rockets kill three Israelis

Two more Gazans died in Israeli air strikes on Thursday, raising the toll to 15, as militants fired 250 rockets over the border, killing three Israelis, officials said. Aside from the deaths, around 150 Gazans have been injured in 22 hours of Israeli air
Published 16 Nov, 2012 12:00am
France wants to review EU ban on arming Syria rebels

France wants to review EU ban on arming Syria rebels

France will discuss supplying arms to Syrian opposition forces with its European partners in the coming weeks now that an opposition coalition has been established, Foreign Minister Laurent Fabius said on Thursday. France is wary of militarising the 20-mo
Published 16 Nov, 2012 12:00am
15 women die in Yemen cliff accident

15 women die in Yemen cliff accident

Fifteen women belonging to the same family died in a road accident on Thursday when their vehicle went over a cliff as they were on their way to a wedding, the Saba state news agency reported. "Fifteen women in the same family were killed and 16 others we
Published 16 Nov, 2012 12:00am
Putin extends Russian defence ministry reshuffle

Putin extends Russian defence ministry reshuffle

Russian President Vladimir Putin fired two defence ministry deputies on Thursday, broadening a reshuffle after the sacking of the defence minister last week over a fraud investigation. Putin dismissed deputy minister Yelena Kozlova, who oversaw finances,
Published 16 Nov, 2012 12:00am
GM scraps Opel-Peugeot Citroen merger plans

GM scraps Opel-Peugeot Citroen merger plans

General Motors has scrapped plans to merge its troubled German unit Opel with PSA Peugeot Citroen because of the French carmaker's financial woes, a news report said Wednesday. "GM gave up in early November on the merger plan between Opel and PSA Peugeot
Published 16 Nov, 2012 12:00am
Thousands protest at South Korean nuclear complex

Thousands protest at South Korean nuclear complex

Thousands of villagers staged a protest outside one of South Korea's largest nuclear power plants Thursday, voicing growing public concern over safety standards after a series of scares and scandals. Yonhap news agency said 2,500 local villagers took part
Published 16 Nov, 2012 12:00am
FBI adds US 'rapping jihadi' to terror wanted list

FBI adds US 'rapping jihadi' to terror wanted list

The FBI said Wednesday it had added to its list of most wanted terrorists the American "rapping jihadi," an operative for Somalia's al Qaeda linked Shebab insurgents who uses rap as a propaganda tool. Omar Shafik Hammami, who was born in Alabama but is no
Published 16 Nov, 2012 12:00am
EADS launches external review of corruption rules

EADS launches external review of corruption rules

European aerospace and defence group EADS has launched an external review of its anti-corruption rules as it faces ongoing investigations in Austria, Britain and Germany. EADS said on Thursday it had hired ETHIC Intelligence, a certification agency it sai
Published 16 Nov, 2012 12:00am
Australia reports deadly bird flu

Australia reports deadly bird flu

Australia has reported its first case of a highly pathogenic bird flu virus in 15 years at an egg farm in the New South Wales region, the World animal health body OIE said on Thursday. So far 5,000 poultry have died in the infected farm in Maitland, 160 k
Published 16 Nov, 2012 12:00am
Myanmar unrest an 'international tragedy': Suu Kyi

Myanmar unrest an 'international tragedy': Suu Kyi

Aung San Suu Kyi on Thursday described violence in west Myanmar between Buddhists and Muslims as a "huge international tragedy" and said illegal immigration from Bangladesh had to be stopped. Suu Kyi, on a visit to neighbouring India, said she had decline
Published 16 Nov, 2012 12:00am
New York cotton rises to a two-week high

New York cotton rises to a two-week high

US cotton futures rose more than 1 percent to a two-week high on Wednesday on gains in prices for other commodities, while strength of global demand and economic sentiment will likely start setting the market tone, traders said. Cotton closed near its ses
Published 16 Nov, 2012 12:00am
Shanghai copper eases

Shanghai copper eases

The most-traded February copper contract on the Shanghai Futures Exchange eased 0.13 percent to 55,840 yuan ($9,000) a tonne on Thursday as the looming US "fiscal cliff" soured sentiment while signs that a slide in economic growth in top consumer China ha
Published 16 Nov, 2012 12:00am
Copper steadies

Copper steadies

Copper steadied on Thursday, helped by signs that a slide in China's economic growth may have halted, but held back by concerns about a recession in the euro zone and the US fiscal cliff of spending cuts and tax increases. Three-month copper on the London
Published 16 Nov, 2012 12:00am
Oil prices fall

Oil prices fall

Oil prices fell on Thursday when an increase in US weekly jobless data and disappointing earnings results stoked economic concerns, and the market focused on violence in the Middle East. While most of the oil complex pushed lower in afternoon trading, fro
Published 16 Nov, 2012 12:00am
Tokyo rubber rises over two percent

Tokyo rubber rises over two percent

Key TOCOM rubber futures rose more than 2 percent on Thursday as the yen slumped against the dollar on the possibility of strong monetary easing measures to support the Japanese economy. The key Tokyo Commodity Exchange rubber contract for April delivery
Published 16 Nov, 2012 12:00am
Soyabeans jump

Soyabeans jump

US soyabean futures rose for a second day on Wednesday on export business that included China buying 120,000 tonnes and on a larger-than-expected October crush, a turnaround from sharp losses earlier in the week. Export demand has increased as soyabean pr
Published 16 Nov, 2012 12:00am
Coffee hits June 2010 low; cocoa rallies

Coffee hits June 2010 low; cocoa rallies

Cocoa futures rallied again on Thursday as investors continued to pile into beans, fearing a potential disruption to supplies from the world's top producer Ivory Coast after the unexpected dissolution of the West African country's government. Arabica coff
Published 16 Nov, 2012 12:00am
Gold rises in New York

Gold rises in New York

Gold prices rose on Wednesday on crude oil's gains amid rising geopolitical tension in the Middle East, and traders continued to focus on how the United States can avoid a debilitating fiscal crisis at the end of the year. Spot gold edged down 43 cents to
Published 16 Nov, 2012 12:00am
Gold slips in Asia

Gold slips in Asia

Gold slipped on Thursday as share prices fell, but tensions in the Middle East and worries about the US "fiscal cliff" are expected to boost the metal's safe-haven appeal and spur buying from investors. Gold fell $3.01 an ounce to $1.723.04 by 0701 GMT.
Published 16 Nov, 2012 12:00am
Gold down in Europe

Gold down in Europe

Gold eased on Thursday as evidence that Europe's debt crisis has hurt economic growth knocked equities lower and the dollar firmed against a currency basket, but worries about the approaching US 'fiscal cliff' underpinned prices. Stock markets fell in Eur
Published 16 Nov, 2012 12:00am
US MIDDAY: soya retreats

US MIDDAY: soya retreats

US soyabean futures fell under pressure from an increasing global supply outlook on Thursday, while wheat rose on expectations for improved export demand, traders said. Soyabeans had closed higher for the previous two days in a modest rebound from sharp l
Published 16 Nov, 2012 12:00am
US MIDDAY: gold drops

US MIDDAY: gold drops

Gold slid more than 1 percent to a one-week low on Thursday following falls in equity markets, but worries about the approaching US 'fiscal cliff' underpinned prices. World equity markets fell for a seventh day on Thursday, hit by evidence that Europe's d
Published 16 Nov, 2012 12:00am
Businessmen urged to disclose names of extortionists

Businessmen urged to disclose names of extortionists

MQM MNA Khush Bakht Sujaat advised businessmen to disclose unscrupulous elements' names who threaten them to pay extortion amount even if they claim to belong to any political party including MQM, PPP, ANP, etc. Speaking at a meeting organised by Korangi
Published 16 Nov, 2012 12:00am
Hoti approves Rs 300 million grant for Edwards College

Hoti approves Rs 300 million grant for Edwards College

Chief Minister Khyber-Pakhtunkhwa, Ameer Haider Khan Hoti, approved one time grant worth Rs 300 million for historical educational institute, Edwards College Peshawar, supplementary grant of Rs 30.370 million for Cadet College Swat and Rs 10 million for T
Published 16 Nov, 2012 12:00am
MSCI Semi-Annual Review: Pakistan unaffected

MSCI Semi-Annual Review: Pakistan unaffected

MSCI, a leading provider of investment decision support tools world-wide, announced the results of the November 2012 Semi-Annual Index Review for MSCI Equity Indices with no major change for Pakistan. Within Frontier Markets (FM) index that consists of 25
Published 16 Nov, 2012 12:00am
CEO NIP stopped from working till probe completion

CEO NIP stopped from working till probe completion

The Ministry of Production has advised Chief Executive Officer of National Industrial Parks Development and Management Company to stop working till the completion of inquiries relating to "in-subordination" and "misappropriation" of funds against him.
Published 16 Nov, 2012 12:00am
FBR mulling cut in revenue target by Rs 200 billion

FBR mulling cut in revenue target by Rs 200 billion

Following the dull economic activities in the country, especially in Karachi, the Federal Board of Revenue (FBR) is contemplating the reduction in its revenue target by Rs 200 billion, approximately, Business Recorder learnt Thursday. According to
Published 16 Nov, 2012 12:00am
Microsoft kicks off WOWZAPP 2012

Microsoft kicks off WOWZAPP 2012

Microsoft Pakistan along with Nokia Pakistan recently held WOWZAPP 2012: World-wide Hackathon for Windows in Karachi, Lahore and Islamabad. WOWZAPP 2012 has been dubbed as the first simultaneous global Hackathon for students, start-ups and professional de
Published 16 Nov, 2012 12:00am
Russian team examines quarantine standards

Russian team examines quarantine standards

After a warning of ban in export of Pakistani fruits and vegetables to Russia for not meeting quarantine standards, Russian officials led delegation has visited Pakistan to inspect growing facilities and plants here. The officials of Russian Quarantine de
Published 16 Nov, 2012 12:00am
KSEZ project enhanced

KSEZ project enhanced

Commissioner Sukkur Division / Deputy Commissioner Khairpur Mohammad Abbas Baloch chaired 9th Steering Committee meeting of Khairpur Special Economic Zone (KSEZ) at the site of KSEZ, he said that development work which was stopped previously due to revisi
Published 16 Nov, 2012 12:00am
Jamal Mian's death

Jamal Mian's death

Maulana Jamaluddin Abdul Wahab Frangi Mahali, better known as Jamal Mian, who died in Karachi at age 93 represented the best in the subcontinent's old traditions in religious, literary and political spheres. He was born into a famed family of religious sc
Published 16 Nov, 2012 12:00am
Italy still vulnerable under Monti as elections loom

Italy still vulnerable under Monti as elections loom

Prime Minister Mario Monti has dragged Italy back from the brink of bankruptcy after a year in power and launched long-delayed reforms that used to be seen as political suicide, analysts agree. But his predecessor Silvio Berlusconi's decision to withdraw
Published 16 Nov, 2012 12:00am
Long queues mark oil-rich Nigeria's fuel shortage

Long queues mark oil-rich Nigeria's fuel shortage

Fuel shortage is not a new phenomenon in Nigeria, the world's seventh largest oil exporter, but it still leaves citizens of the West African country baffled. Nigeria produces over 2 million barrels of crude oil per day, but for more than a decade has stru
Published 16 Nov, 2012 12:00am
Ailing tax system

Ailing tax system

"The Inland Revenue is here to ensure that everyone understands and receives what they are entitled to and understands and pays what they owe, so that everyone contributes to the UK's needs"-slogan on website of Inland Revenue Service of United Kingdom.
Published 16 Nov, 2012 12:00am
Free school enrolment programme

Free school enrolment programme

The international support generated by Swat girl Malala's fight for girls' right to education has spurred the Federal government into action. At a special ceremony held in Islamabad to mark the UN declared Global Action Day for Malala Yousufzai, President
Published 16 Nov, 2012 12:00am
Withdrawal of a tempting offer

Withdrawal of a tempting offer

The news that the plan for preferential status in the US market to Pakistan under the Reconstruction Opportunity Zones (ROZs) has finally been dropped by the US administration would be a shocker for most people in the country but should not be a surprise
Published 16 Nov, 2012 12:00am
LTBA draws attention of FBR towards illegal restriction on importers

LTBA draws attention of FBR towards illegal restriction on importers

Lahore Tax Bar Association (LTBA) draws the attention of the Federal Board of Revenue (FBR) towards what it said illegal and unlawful restriction on commercial importers regarding claim of input tax adjustment under/section 8B of the Sales Tax Act. It is
Published 16 Nov, 2012 12:00am
Euro II diesel easily available, LHC told

Euro II diesel easily available, LHC told

Managing Director (MD) Pak Arab Refinery Company (Parco) on Thursday told the Lahore High Court that Euro II Compliant diesel was easily available in country and buses could be run with the said fuel. The MD Parco further stated that the Euro II Compliant
Published 16 Nov, 2012 12:00am
FAP for Rs 1400 per 40kg wheat support price

FAP for Rs 1400 per 40kg wheat support price

Farmers Associates Pakistan (FAP) has recommended the government to fix the wheat support price around Rs 1,400 per 40 kilograms for the next crop, warning that in other case farmers may go for other crops which fetch more profit. This was disclosed at FA
Published 16 Nov, 2012 12:00am
Dual track between Lahore, Karachi to be laid by March, LCCI told

Dual track between Lahore, Karachi to be laid by March, LCCI told

The dual track between Lahore and Karachi will be completed by March 2013 while two more trains under public-private partnership are being started soon. This was stated by General Manager Operations Pakistan Railways Junaid Qureshi while speaking at the L
Published 16 Nov, 2012 12:00am
'Healthy Mother and Child Week' begins in Punjab

'Healthy Mother and Child Week' begins in Punjab

Healthy mother means a healthy society, country and the nation while the lives of pregnant women, mothers and newly-born children can be saved by adopting preventive measures. Secretary Health Punjab Arif Nadeem said this, while addressing the inaugural c
Published 16 Nov, 2012 12:00am
LDA demolishes illegal constructions

LDA demolishes illegal constructions

Lahore Development Authority (LDA) has demolished two constructions at two different places in the city on Thursday. According to a LDA's spokesperson, the staff of the Town planning Wing knocked down an illegally built office in Overseas Pakistanis' Foun
Published 16 Nov, 2012 12:00am
APTMA holds awareness session on ISO 50001

APTMA holds awareness session on ISO 50001

The Sustainable Production Centre (SPC) of All Pakistan Textile Mills Association (Aptma) organised an introductory awareness session on ISO 50001 with the support of GIZ REEE at a local hotel on Thursday. More than 50 participants from textile mills incl
Published 16 Nov, 2012 12:00am
Diamer-Bhasha Dam: Wapda implementing master plan

Diamer-Bhasha Dam: Wapda implementing master plan

Pakistan Water and Power Development Authority (Wapda) is implementing a master plan for optimal utilisation of the indigenous water and hydropower resources to supplement water for irrigated agriculture and add a good quantum of low cost hydel electricit
Published 16 Nov, 2012 12:00am
Indo-Pak mutual cooperation can bring economic prosperity: Nawaz

Indo-Pak mutual cooperation can bring economic prosperity: Nawaz

Pakistan Muslim League-Nawaz (PML-N) President Mian Nawaz Sharif Thursday said that India and Pakistan can achieve the goal of economic prosperity for the benefit of people of their countries through increased mutual cooperation in economic field. He said
Published 16 Nov, 2012 12:00am
Opening ceremony: AA Exchange firm's Head Office at ISE Towers

Opening ceremony: AA Exchange firm's Head Office at ISE Towers

AA Exchange Company (Pvt) Limited held opening ceremony of its recently relocated Head Office at Islamabad Stock Exchange Tower and also marked the celebration for the successful completion of Hajj campaign as developing partner of MoRA for provision of P
Published 16 Nov, 2012 12:00am
PTCL alerts customers about hoax calls

PTCL alerts customers about hoax calls

It has come to PTCL's knowledge that some unknown individuals are making hoax calls to PTCL subscribers claiming to be the representatives of PTCL and announcing huge cash prizes for subscribers. PTCL, therefore, alerts its existing and potential customer
Published 16 Nov, 2012 12:00am
TESCO recovers Rs 10.12 million from defaulting steel mills

TESCO recovers Rs 10.12 million from defaulting steel mills

A spokesman for Tribal Areas Electricity Supply Company (TESCO) said that the Company has recovered Rs 10.12 million from two industrial connections in Khyber and Mohmand agencies during recovery and disconnection campaign. He said that during operation t
Published 16 Nov, 2012 12:00am
FBR collects Rs 584.8 billion in first four months

FBR collects Rs 584.8 billion in first four months

Federal Board of Revenue (FBR) has collected Rs 584.8 billion in first four months, while target of Rs 2381 billion revenue collection was set for the current fiscal year. State Minister for Production Khawaja Sheraz Mahmood said this while responding to
Published 16 Nov, 2012 12:00am
Lowari Tunnel scheme: PPP government responsible for inordinate delay

Lowari Tunnel scheme: PPP government responsible for inordinate delay

Former MNA and Jamaat-i-Islami leader from district Chitral, Maulana Abdullah Akbar Chitrali made the PPP-led coalition government responsible for delaying the construction work on mega development Lowari Tunnel scheme in district Chitral. He further said
Published 16 Nov, 2012 12:00am
US assistance helps double incomes of 22,000 affected dairy farmers

US assistance helps double incomes of 22,000 affected dairy farmers

With US assistance more than 22,000 flood-affected dairy farmers throughout Pakistan doubled their incomes since May 2010. These and other results of the US Agency for International Development (USAID) Entrepreneurs Programme were discussed at a conferenc
Published 16 Nov, 2012 12:00am
Ansar Burney condemns prisoner's execution

Ansar Burney condemns prisoner's execution

Chairman of Ansar Burney Trust International, Ansar Burney, strongly condemned execution of a prisoner in Mianwali Jail. He said on Thursday early morning that Prison authorities hanged Mohammed Hussain in Mianwali Jail. Ansar Burney said that after rejec
Published 16 Nov, 2012 12:00am
President decorates UAE Naval Forces Commander with Hilal-e-Imtiaz

President decorates UAE Naval Forces Commander with Hilal-e-Imtiaz

President Asif Ali Zardari decorated Commander UAE Naval Forces, Staff Major General (Navy) Ibrahim Salim Mohamed Al Musharrakh, with Hilal-e-Imtiaz (Military) during a special investiture ceremony held here on Thursday. Ibrahim Salim is a sincere and clo
Published 16 Nov, 2012 12:00am
NIB Bank BoDs approve sale of shares

NIB Bank BoDs approve sale of shares

The board of directors of NIB Bank Limited has approved in principle the proposed sale of 10,499,993 ordinary shares of the face value of Rs 10 each, of PICIC Insurance Limited to M/s Sakib Berjees and Consortium, at a price not less than Rs 8.20 per shar
Published 16 Nov, 2012 12:00am
NIB Bank BoDs approve sale of shares

NIB Bank BoDs approve sale of shares

The board of directors of NIB Bank Limited has approved in principle the proposed sale of 10,499,993 ordinary shares of the face value of Rs 10 each, of PICIC Insurance Limited to M/s Sakib Berjees and Consortium, at a price not less than Rs 8.20 per shar
Published 16 Nov, 2012 12:00am
Three-day workshop on DAGRIS system for Pakistan organised

Three-day workshop on DAGRIS system for Pakistan organised

Pakistan is blessed with rich Indigenous Farm Animal Resource (FAnGR) which could be exploited for enhancement of productivity keeping in view the emerging food security challenges, this was stated by the speakers at 3-day workshop on Country Based Indige
Published 16 Nov, 2012 12:00am
Punjab, Bihar CMs exchange experiences in social progress

Punjab, Bihar CMs exchange experiences in social progress

The ceremony regarding exchange of experiences about progress in social sector, between Punjab and Indian Province Bihar was held at Government College University Lahore on Thursday. Punjab Chief Minister Muhammad Shahbaz Sharif and Chief Minister of Indi
Published 16 Nov, 2012 12:00am
Nawaz felicitates Xi Jinping

Nawaz felicitates Xi Jinping

Quaid PML-N Nawaz Sharif has felicitated the Chinese people on new leadership of Communist party elected in election. In his message, the PMLN chief said he was happy about the election of Xi Jinping as General Secretary of the Communist party and added t
Published 16 Nov, 2012 12:00am
Malala to visit UAE to thank supporters

Malala to visit UAE to thank supporters

Malala Yousufzai will visit the UAE in February to thank her supporters, said Pakistani Ambassador to UAE Jamil Khan on Wednesday night, as reported by Gulf News. She will then travel to Makkah to perform Umra. Jamil Khan gave a speech at the Pakistan Emb
Published 16 Nov, 2012 12:00am
Zardari felicitates newly-elected leadership of China

Zardari felicitates newly-elected leadership of China

President Asif Ali Zardari during his interaction with the Chinese media felicitated the newly-elected leadership of China and the 18th Central Committee of Communist Party of China (CPC). "On behalf of the people of Pakistan, the Government, and my own b
Published 16 Nov, 2012 12:00am
Pakistan slams Israel's deadly offensive in Gaza

Pakistan slams Israel's deadly offensive in Gaza

Pakistan has strongly condemned Israel's new anti-Palestinian offensive in the Gaza Strip, and urged the Security Council, which met in a private emergency session on Wednesday night, to demand an immediate cessation of its military action, according to C
Published 16 Nov, 2012 12:00am
FIR lodged against 5 alleged water thieves

FIR lodged against 5 alleged water thieves

Karachi Water and Sewerage Board eliminated an illegal hydrant in the Surjani Town jurisdiction. FIR has been lodged against 5 alleged culprits for water theft from 24-inch diameter line. This operation was executed as a part of the drive against illegal
Published 16 Nov, 2012 12:00am
'SBP to make arrangement for sale of Students bonds'

'SBP to make arrangement for sale of Students bonds'

The State Bank of Pakistan (SBP) will make special arrangements for the sale of Students Welfare Prize Bonds, managing director of the central bank's banking Service Corporation Aftab Mustafa Khan said on Thursday during the prize bond's launching ceremon
Published 16 Nov, 2012 12:00am
'SBP to make arrangement for sale of Students bonds'

'SBP to make arrangement for sale of Students bonds'

The State Bank of Pakistan (SBP) will make special arrangements for the sale of Students Welfare Prize Bonds, managing director of the central bank's banking Service Corporation Aftab Mustafa Khan said on Thursday during the prize bond's launching ceremon
Published 16 Nov, 2012 12:00am
Pessimism about tax amnesty

Pessimism about tax amnesty

Government is banking on a new amnesty to bring millions of tax evaders into the revenue net but analysts warn the scheme is a charter for cheats that will encourage money laundering. The new tax chief Ali Arshad Hakeem faces a formidable task as he tries
Published 16 Nov, 2012 12:00am
Two injured in Quetta firing

Two injured in Quetta firing

At least two persons, belonged to Hazara Shia community, were injured as some unidentified armed persons opened fire on them here on Thursday. According to police, the men were wounded when unknown gunmen riding motorbikes opened fire on them in the provi
Published 16 Nov, 2012 12:00am
Sindh cabinet meeting today

Sindh cabinet meeting today

Sindh Cabinet meeting would be held at Chief Minister's House on Friday (today). Chief Minister Syed Qaim Ali Shah will chair the meeting. Earlier, it was scheduled to be held on Thursday but authorities have postponed due to unavoidable circumstances, <i
Published 16 Nov, 2012 12:00am
Two crushed to death by train

Two crushed to death by train

Two men were crushed to death by a train near Natha Khan Road in Shah Faisal area falling in Drigh Road railway police limits. The deceased have been identified as Azam, 22 and Mohammad Sajid.32, who lived in Shah Faisal Colony. The bodies were shifted to
Published 16 Nov, 2012 12:00am
ECP locks horns with Nadra over voters' list

ECP locks horns with Nadra over voters' list

There was an uproar in the Senate Special Committee on Elections over the revelation that 4.8 million voters could not been identified out of total 84.3 million during the verification exercise by Election Commission of Pakistan (ECP). Senate Special Comm
Published 16 Nov, 2012 12:00am
Demonstration held against Gilani

Demonstration held against Gilani

An anti-Gilani demonstration was staged at Chowk Nawan Shehr by the people for implicating an innocent youth Samiullah alias Qari in a murder case of Malik Sher Ali Buccha of PPP who was assassinated allegedly by his son on property dispute. The demo was
Published 16 Nov, 2012 12:00am
Wheat to be cultivated on 2,724 acres in Gujranwala

Wheat to be cultivated on 2,724 acres in Gujranwala

Over 2,724 acres of land would be brought under wheat crop during Rabi season in six districts of Gujranwala division. Official sources in Agriculture department told Business Recorder here that under the directives of Punjab government special ste
Published 16 Nov, 2012 12:00am
International Students Day tomorrow

International Students Day tomorrow

Student community across the country will mark International Students Day on Saturday (November 17) with a number of activities. The students of schools, colleges, universities and other educational forums will participate in different colourful programme
Published 16 Nov, 2012 12:00am
Argentina to support development of CNG sector: envoy

Argentina to support development of CNG sector: envoy

Ambassador of Argentina Rodolfo Martin Saravia has said that Argentina was ready to support Pakistan in development of Compressed Natural Gas (CNG) sector. He stated this during a meeting with the members and office-bearers of Sarhad Chamber of Commerce a
Published 16 Nov, 2012 12:00am
30 percent of wheat sowing completed in Punjab

30 percent of wheat sowing completed in Punjab

Over 30 percent wheat sowing has been completed in Punjab whereas the government has fixed a target of 16.8 million acres for this strategic crop sowing to produce 19 million tons wheat during 2012-13 Rabi season, senior officers of agriculture department
Published 16 Nov, 2012 12:00am
CIA, ACLC arrest 113 criminals last month in capital

CIA, ACLC arrest 113 criminals last month in capital

The Crime Investigation Agency (CIA) and Anti-Car Lifting Cell (ACLC) of capital police have arrested 113 criminals last month for their alleged involvement in various cases and recovered 29 cars from their possession. Inspector General of Police (IGP) Ba
Published 16 Nov, 2012 12:00am
The Weather

The Weather

The weather report on Thursday (November 15, 2012) and the forecast for Friday (November 16, 2012).

Published 16 Nov, 2012 12:00am
Previous Day