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Print - 2012-11-28
Professor Zafar appointed KSMC Principal

Professor Zafar appointed KSMC Principal

Punjab government has appointed Professor Surgeon Dr Zafar Ali Chaudhary as Principal Khawaja Safdar Medical College (KSMC) Sialkot. A notification has been issued in this regard, an official handout said here on Tuesday.
Published 28 Nov, 2012 12:00am
SRB notifies changes in ST and Services Rules of 2011

SRB notifies changes in ST and Services Rules of 2011

The Sindh Revenue Board (SRB) on Tuesday notified some amendments in the Sindh Sales Tax on Services Rules of 2011 in the wake of a decision to withdraw tax exemption on telecom services.
Published 28 Nov, 2012 12:00am
Over 18 suspects nabbed by LEAs

Over 18 suspects nabbed by LEAs

Law Enforcement Agencies on Tuesday claimed to have nabbed over 18 suspects in separate raids at various parts of the metropolis.
Published 28 Nov, 2012 12:00am
Governor stresses ensuring dignity of teaching profession

Governor stresses ensuring dignity of teaching profession

Khyber Pakhtunkhwa Governor, Barrister Masood Kausar has said that teaching is the most honourable profession and to ensure its dignity, the civilised nations always respect their educational institution by extending respect to their respective teaching c
Published 28 Nov, 2012 12:00am
Wheat flour prices increased

Wheat flour prices increased

The wholesalers and retailers of flour increased Rs 40 per bag weighting 20/kg in wake increases prices of wheat. In a visit to local market on Tuesday, the special flour 20-kg bag is being sold at Rs 670 against the previous rate of Rs 630. Similarly, th
Published 28 Nov, 2012 12:00am
Reko Diq project lease case: Supreme Court seeks copies of agreements

Reko Diq project lease case: Supreme Court seeks copies of agreements

The Supreme Court on Tuesday sought the copies of Reko Diq mining lease agreement from Balochistan government to ascertain the legality of the contract between Chagi Hills Exploration Joint Venture Agreement (CHEJVA), BHP, and Balochistan Development Auth
Published 28 Nov, 2012 12:00am
400 megawatts electricity to be added to system by mid-2013: Wapda

400 megawatts electricity to be added to system by mid-2013: Wapda

Chairman Water and Power Development Authority (Wapda) Syed Raghib Shah said on Tuesday that 400MW electricity will be added to the system besides one million acre feet water by the middle of 2013. He was addressing a press conference at the Wapda House a
Published 28 Nov, 2012 12:00am
Punjab CNG stations to remain closed for three days

Punjab CNG stations to remain closed for three days

"We are observing three days of shut-down as per schedule and we are not in favour of a strike," said the owners of the CNG station in South Punjab. APCNGA South Punjab Chapter spokesman Rana Shiraz Bashir, "We will open our filling stations on Thursday a
Published 28 Nov, 2012 12:00am
ZONG establishes GSM laboratory and training centre at NUST

ZONG establishes GSM laboratory and training centre at NUST

ZONG - the international brand of China Mobile and Huawei - a leading global information and communications technology (ICT) solutions provider have established a state-of-the-art GSM laboratory and training center at the National University of Science an
Published 28 Nov, 2012 12:00am
PML-N MPA resigns from party membership

PML-N MPA resigns from party membership

Former Central General Secretary, Pakistan Muslim League-Nawaz (PML-N) Women Wing, Shazia Auranzeb on Tuesday announced to resign from the basic membership of the party, saying that to join any other party, the leadership different political parties, PPP,
Published 28 Nov, 2012 12:00am
Coalmine blast kills two labourers in Kurram Agency

Coalmine blast kills two labourers in Kurram Agency

Two labourers were killed and two others sustained injuries in a coalmine explosion in central Kurram Agency on Tuesday. Dozens of labourers were busy in routine labouring in side a coalmine owned by Sher Khan a resident of Danda locality in central Kurra
Published 28 Nov, 2012 12:00am
PML-N announces its support for SBC strike call

PML-N announces its support for SBC strike call

The Pakistan Muslim League-Nawaz (PML-N) has announced all out support for the peaceful Black Day and strike call of the Sindh Bachayo Committee (SBC) to be observed on November 30 against the controversial Sindh People's Local Government Ordinance and Ac
Published 28 Nov, 2012 12:00am
India suspends policemen over Facebook arrests

India suspends policemen over Facebook arrests

India suspended two senior police officers and transferred a judge Tuesday over the arrests of two women for Facebook posts in a case that sparked outrage and fierce debate over India's Internet laws. The women, both 21, were arrested a week ago over comm
Published 28 Nov, 2012 12:00am
PML-F to incorporate national issues in manifesto

PML-F to incorporate national issues in manifesto

The Central Leadership of Pakistan Muslim League-Functional (PML-F) has decided to incorporate few national level issues in party's manifesto in order to boost the party at the country level. The committee is already working on it, Business Recorder </
Published 28 Nov, 2012 12:00am
Book launch

Book launch

The Literary Committee of Karachi Press Club (KPC) organised an introductory launching ceremony of a book 'Rah-e-Danish' written by Pakistani expatriate poet and journalist Ahsan Sehgal. Prominent poet Jazib Quraishi presided over the ceremony while liter
Published 28 Nov, 2012 12:00am
Closure of CNG stations irks motorists

Closure of CNG stations irks motorists

Motorists and commuters in the provincial metropolis on Tuesday faced difficulties owing to closure of CNG stations, while transporters were fleecing commuters with double fares, taking full advantage of the situation. The CNG stations remained closed on
Published 28 Nov, 2012 12:00am
Critical situation: call for implementing integrated energy policy

Critical situation: call for implementing integrated energy policy

The government has been asked to implement integrated energy policy to tackle the critical situation in energy sector which has become a primary constraint to the country's economic development. This was stated by the Former World Bank's Director, Operati
Published 28 Nov, 2012 12:00am
NAB arrests: CSP officer, accomplice on corruption charges

NAB arrests: CSP officer, accomplice on corruption charges

NAB intelligence successfully raided and arrested Sikandar Ali Abro (A CSP Officer of Accounts Cadre) and his accomplice, Accountant Ali Hasan, who were accused of corruption of Rs 500 million in the AG Sindh Office. The NAB Sindh is investigating the Hyd
Published 28 Nov, 2012 12:00am
Dual nationality: MQM files application

Dual nationality: MQM files application

Muttahida Qaumi Movement (MQM) on Tuesday filed a Civil Miscellaneous Application (CMA) for early hearing of dual nationality case. Farooq Sattar, parliamentary leader of MQM in National Assembly filed the application through Aitzaz Ahsan under Order 33,
Published 28 Nov, 2012 12:00am
NAB chairman backs anti-corruption efforts of JCs

NAB chairman backs anti-corruption efforts of JCs

In order to make anti-corruption endeavours more vigorous and robust, Chairman National Accountability Bureau (NAB) on Tuesday instructed full support to all Judicial Commissions, organisations and committees, formed either on orders of the judiciary or t
Published 28 Nov, 2012 12:00am
LCCI concerned at surge in crime rate

LCCI concerned at surge in crime rate

The Lahore Chamber of Commerce and Industry (LCCI) Tuesday expressed grave concern over deteriorating law and order situation and called for stringent measures to control the situation that is getting out of hand with every passing day.
Published 28 Nov, 2012 12:00am
Election Laws (Amendment): bill being tabled before cabinet today

Election Laws (Amendment): bill being tabled before cabinet today

The Election Laws (Amendment) Bill, 2012 proposes several amendments in the Representation of People Act of 1976 and Senate Election Act of 1975. The Bill is likely to be placed before the cabinet on Wednesday (today) and presented in the next session of
Published 28 Nov, 2012 12:00am
20th ECO Day: Khar felicitates member states

20th ECO Day: Khar felicitates member states

Foreign Minister Hina Rabbani Khar on Tuesday reiterated Pakistan's continued commitment and support to the Economic Co-operation Organisation (ECO) and the common endeavour to achieve greater regional co-operation. She stated this in her message on the o
Published 28 Nov, 2012 12:00am
Senate Defence Committee briefed on PAF capabilities

Senate Defence Committee briefed on PAF capabilities

Senate Defence Committee in its meeting here at Air Headquarters was given a detailed briefing by Chief of Air Staff, Air Chief Marshal, Tahir Rafique about the overall performance and professional capabilities of Pakistan Air Force with particular refere
Published 28 Nov, 2012 12:00am
CNG crisis worsens as owners threaten to surrender licences

CNG crisis worsens as owners threaten to surrender licences

The CNG crisis worsened as owners of CNG stations have threatened to surrender their licences in case of an inconclusive public hearing which would be held on November 28 (today) in Karachi. Talking to Business Recorder, Regional chairman, All Paki
Published 28 Nov, 2012 12:00am
CNG crisis worsens as owners threaten to surrender licences

CNG crisis worsens as owners threaten to surrender licences

The CNG crisis worsened as owners of CNG stations have threatened to surrender their licences in case of an inconclusive public hearing which would be held on November 28 (today) in Karachi. Talking to Business Recorder, Regional chairman, All Paki
Published 28 Nov, 2012 12:00am
CNG crisis worsens as owners threaten to surrender licences

CNG crisis worsens as owners threaten to surrender licences

The CNG crisis worsened as owners of CNG stations have threatened to surrender their licences in case of an inconclusive public hearing which would be held on November 28 (today) in Karachi. Talking to Business Recorder, Regional chairman, All Paki
Published 28 Nov, 2012 12:00am
Journalist shot dead in Gujranwala

Journalist shot dead in Gujranwala

A local journalist Saadi Butt was shot dead by unknown gunmen here on Tuesday. According to details, the incident took place in Mohallah Noor Baba area. Saadi Butt was standing outside his house when armed persons riding on a motorcycle sprayed bullets at
Published 28 Nov, 2012 12:00am
The Weather

The Weather

The weather report on Tuesday (November 27, 2012) and the forecast for Wednesday (November 28, 2012).

Published 28 Nov, 2012 12:00am
Courts 'muzzling media': rights group

Courts 'muzzling media': rights group

Pakistan's judges are using contempt of court laws to stop the media from criticising the judiciary, Human Rights Watch said Tuesday, warning they risked being seen as "instruments of coercion and censorship". High courts in Islamabad and the eastern city
Published 28 Nov, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 27, 2012).

Published 28 Nov, 2012 12:00am
Courts 'muzzling media': rights group

Courts 'muzzling media': rights group

Pakistan's judges are using contempt of court laws to stop the media from criticising the judiciary, Human Rights Watch said Tuesday, warning they risked being seen as "instruments of coercion and censorship". High courts in Islamabad and the eastern city
Published 28 Nov, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 27, 2012).

Published 28 Nov, 2012 12:00am
Protesting doctors ordered to vacate accommodations

Protesting doctors ordered to vacate accommodations

The government of Balochistan has decided to ban protesting doctors from hospitals and ordered them to vacant their official accommodations immediately. Meanwhile, following the call from the authorities FC personnel were deployed outside public hospitals
Published 28 Nov, 2012 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 28 Nov, 2012 12:00am
Arafat's remains exhumed as poison probe begins

Arafat's remains exhumed as poison probe begins

The remains of iconic Palestinian leader Yasser Arafat were exhumed on Tuesday, eight years after his death, with experts set to test for evidence he was poisoned by polonium. Shortly after the grave was briefly opened for forensic experts to take samples
Published 28 Nov, 2012 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 28 Nov, 2012 12:00am
Arafat's remains exhumed as poison probe begins

Arafat's remains exhumed as poison probe begins

The remains of iconic Palestinian leader Yasser Arafat were exhumed on Tuesday, eight years after his death, with experts set to test for evidence he was poisoned by polonium. Shortly after the grave was briefly opened for forensic experts to take samples
Published 28 Nov, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (November 27, 2012).

Published 28 Nov, 2012 12:00am
US ''fiscal cliff'' deal elusive, though positions soften

US ''fiscal cliff'' deal elusive, though positions soften

The US Congress advanced by inches on Tuesday toward compromise on taxes and spending, but a firm deal to avert the "fiscal cliff" at the end of the year still seemed miles away, despite growing pressure from business interests for action. President Barac
Published 28 Nov, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (November 27, 2012).

Published 28 Nov, 2012 12:00am
US 'fiscal cliff' deal elusive, though positions soften

US 'fiscal cliff' deal elusive, though positions soften

The US Congress advanced by inches on Tuesday toward compromise on taxes and spending, but a firm deal to avert the "fiscal cliff" at the end of the year still seemed miles away, despite growing pressure from business interests for action. President Barac
Published 28 Nov, 2012 12:00am
US 'fiscal cliff' deal elusive, though positions soften

US 'fiscal cliff' deal elusive, though positions soften

The US Congress advanced by inches on Tuesday toward compromise on taxes and spending, but a firm deal to avert the "fiscal cliff" at the end of the year still seemed miles away, despite growing pressure from business interests for action. President Barac
Published 28 Nov, 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 (November 27, 2012).

Published 28 Nov, 2012 12:00am
Malala leads TIME Magazines Person of the Year list

Malala leads TIME Magazines Person of the Year list

Malala Yousufzai has even outnumbered a lot of world leaders including President Barack Obama and US Secretary of State Hillary Clinton. Malala Yousufzai of Pakistan has topped TIME Magazine's Person of the Year 2012 list. As many as 433 people vot
Published 28 Nov, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 27, 2012).

Published 28 Nov, 2012 12:00am
Malala leads TIME Magazines Person of the Year list

Malala leads TIME Magazines Person of the Year list

Malala Yousufzai has even outnumbered a lot of world leaders including President Barack Obama and US Secretary of State Hillary Clinton. Malala Yousufzai of Pakistan has topped TIME Magazine's Person of the Year 2012 list. As many as 433 people vot
Published 28 Nov, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 27, 2012).

Published 28 Nov, 2012 12:00am
Israel may attack Iranian nuclear installations in 2013: Aseff

Israel may attack Iranian nuclear installations in 2013: Aseff

Former Foreign Minister Sardar Aseff Ahmad Ali has predicted that Israel will attack Iranian atomic installations in 2013 and majority of the Arab world including Saudi Arabia will support these attacks if USA will support Israel. In the same way he predi
Published 28 Nov, 2012 12:00am
PPP MPA Sardar Muhammad Khichi dies

PPP MPA Sardar Muhammad Khichi dies

PPP MPA and chairman standing committee for industries and production Sardar Muhammad Khichi died of cardiac arrest here during early hours of Tuesday morning. He was 54. The late MPA from PP-239 constituency of Vehari was son of noted landowner and senio
Published 28 Nov, 2012 12:00am
Taliban claim bid to kill TV anchorman

Taliban claim bid to kill TV anchorman

Pakistan's umbrella Taliban faction claimed responsibility on Tuesday for planting a bomb under the car of a prominent journalist and TV anchorman and threatened a second assassination bid. Hamid Mir, was criticised by the Taliban last month in the wake o
Published 28 Nov, 2012 12:00am
THE RUPEE: bears dominate

THE RUPEE: bears dominate

On the back of persistent demand, the dollar maintained its commanding position against the rupee on the currency market on Tuesday, money experts said. It has been observed that with the gradual pace, the dollar is going up versus the national currency d
Published 28 Nov, 2012 12:00am
Taliban claim bid to kill TV anchorman

Taliban claim bid to kill TV anchorman

Pakistan's umbrella Taliban faction claimed responsibility on Tuesday for planting a bomb under the car of a prominent journalist and TV anchorman and threatened a second assassination bid. Hamid Mir, was criticised by the Taliban last month in the wake o
Published 28 Nov, 2012 12:00am
THE RUPEE: bears dominate

THE RUPEE: bears dominate

On the back of persistent demand, the dollar maintained its commanding position against the rupee on the currency market on Tuesday, money experts said. It has been observed that with the gradual pace, the dollar is going up versus the national currency d
Published 28 Nov, 2012 12:00am
Cabinet set to approve Saudi credit facility for urea import

Cabinet set to approve Saudi credit facility for urea import

The federal cabinet is to accord approval to the signing of an export credit facility for the import of urea from Saudi Arabia. Officials said that in March this year, the Finance Division had informed the Economic Affairs Division (EAD) that $588 million
Published 28 Nov, 2012 12:00am
Cabinet set to approve Saudi credit facility for urea import

Cabinet set to approve Saudi credit facility for urea import

The federal cabinet is to accord approval to the signing of an export credit facility for the import of urea from Saudi Arabia. Officials said that in March this year, the Finance Division had informed the Economic Affairs Division (EAD) that $588 million
Published 28 Nov, 2012 12:00am
Cabinet set to approve Saudi credit facility for urea import

Cabinet set to approve Saudi credit facility for urea import

The federal cabinet is to accord approval to the signing of an export credit facility for the import of urea from Saudi Arabia. Officials said that in March this year, the Finance Division had informed the Economic Affairs Division (EAD) that $588 million
Published 28 Nov, 2012 12:00am
Prime Minister stresses need to focus on small dairy farmers

Prime Minister stresses need to focus on small dairy farmers

Prime Minister Raja Pervez Ashraf has stressed the need for focusing on "small dairy farmers" by providing them technical training in efficient milk production and management practices for increase in milk yields and milk quality. Enabling these small dai
Published 28 Nov, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (November 27, 2012).

Published 28 Nov, 2012 12:00am
Bulls dominate ISE proceedings

Bulls dominate ISE proceedings

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 17.88 points as the ISE Ten Index move
Published 28 Nov, 2012 12:00am
Bulls dominate ISE proceedings

Bulls dominate ISE proceedings

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 17.88 points as the ISE Ten Index move
Published 28 Nov, 2012 12:00am
LSE index gains 95.63 points

LSE index gains 95.63 points

Bullish sentiments dominated on the Lahore Stock Exchange (LSE) on Tuesday and the equities extended further gains amid decreased trading turnover. The LSE-25 index was improved to 4108.31 and was closed at 4012.68 denoting a gain of 95.63 points while tr
Published 28 Nov, 2012 12:00am
LSE index gains 95.63 points

LSE index gains 95.63 points

Bullish sentiments dominated on the Lahore Stock Exchange (LSE) on Tuesday and the equities extended further gains amid decreased trading turnover. The LSE-25 index was improved to 4108.31 and was closed at 4012.68 denoting a gain of 95.63 points while tr
Published 28 Nov, 2012 12:00am
PIA losses soar to Rs 154 billion

PIA losses soar to Rs 154 billion

Pakistan International Airlines (PIA) total losses have touched Rs 154 billion mark - Rs 70 billion in local currency and over $885 million in foreign currency. This was revealed by the management of PIA here on Tuesday during a meeting of National Assemb
Published 28 Nov, 2012 12:00am
PIA losses soar to Rs 154 billion

PIA losses soar to Rs 154 billion

Pakistan International Airlines (PIA) total losses have touched Rs 154 billion mark - Rs 70 billion in local currency and over $885 million in foreign currency. This was revealed by the management of PIA here on Tuesday during a meeting of National Assemb
Published 28 Nov, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Nov, 2012 12:00am
PIA losses soar to Rs 154 billion

PIA losses soar to Rs 154 billion

Pakistan International Airlines (PIA) total losses have touched Rs 154 billion mark - Rs 70 billion in local currency and over $885 million in foreign currency. This was revealed by the management of PIA here on Tuesday during a meeting of National Assemb
Published 28 Nov, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 28 Nov, 2012 12:00am
Eurozone-IMF deal buys more time for Greece

Eurozone-IMF deal buys more time for Greece

The eurozone and IMF saved Greece from bankruptcy with a re-drawn rescue on Tuesday which Greek leaders said marked a new beginning for their people facing further austerity in the midst of recession. The deal marked a compromise by the IMF, an admission
Published 28 Nov, 2012 12:00am
Eurozone-IMF deal buys more time for Greece

Eurozone-IMF deal buys more time for Greece

The eurozone and IMF saved Greece from bankruptcy with a re-drawn rescue on Tuesday which Greek leaders said marked a new beginning for their people facing further austerity in the midst of recession. The deal marked a compromise by the IMF, an admission
Published 28 Nov, 2012 12:00am
Eurozone-IMF deal buys more time for Greece

Eurozone-IMF deal buys more time for Greece

The eurozone and IMF saved Greece from bankruptcy with a re-drawn rescue on Tuesday which Greek leaders said marked a new beginning for their people facing further austerity in the midst of recession. The deal marked a compromise by the IMF, an admission
Published 28 Nov, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Nov, 2012 12:00am
Thousands march to Tahrir as pressure piles on Morsi

Thousands march to Tahrir as pressure piles on Morsi

Egypt's Presi-dent Mohamed Morsi faced nation-wide pro-tests Tuesday after digging in his heels over a controversial decree granting him sweeping powers, in the most divisive crisis since he took power in June. Thousands of lawyers left their syndicate ch
Published 28 Nov, 2012 12:00am
Thousands march to Tahrir as pressure piles on Morsi

Thousands march to Tahrir as pressure piles on Morsi

Egypt's Presi-dent Mohamed Morsi faced nation-wide pro-tests Tuesday after digging in his heels over a controversial decree granting him sweeping powers, in the most divisive crisis since he took power in June. Thousands of lawyers left their syndicate ch
Published 28 Nov, 2012 12:00am
BRIndex30 up 183.15 points

BRIndex30 up 183.15 points

On Tues-day, BRIndex30 opened at 10,999.54 and remained positive throughout the trading session. It touched an intraday high of 11,221.87 and an intraday low of 11,034.91 and closed at 11,182.69 which was 183.15 points or 1.67 percent higher than previous
Published 28 Nov, 2012 12:00am
BRIndex30 up 183.15 points

BRIndex30 up 183.15 points

On Tues-day, BRIndex30 opened at 10,999.54 and remained positive throughout the trading session. It touched an intraday high of 11,221.87 and an intraday low of 11,034.91 and closed at 11,182.69 which was 183.15 points or 1.67 percent higher than previous
Published 28 Nov, 2012 12:00am