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Print - 2013-03-14
UK ready to collaborate in higher education: Rauf

UK ready to collaborate in higher education: Rauf

Bilateral Trade will be increased with Pakistan and UK is ready to collaborate in higher education in Pakistan, said Arshad Rauf, Deputy Director, UK Trade and Investment, Pakistan. Addressing the members of Faisalabad Chamber of Commerce and Industry (FC
Published 14 Mar, 2013 12:00am
Czech women tourists kidnapped in Balochistan

Czech women tourists kidnapped in Balochistan

Unidentified gunmen on Wednesday kidnapped two women tourists from the Czech Republic in Balochistan, officials said. Local government officials said the women entered the province from Iran as tourists and were abducted from Chaghi. "Both the women were
Published 14 Mar, 2013 12:00am
Anti-Terrorism Bill adopted by National Assembly

Anti-Terrorism Bill adopted by National Assembly

The National Assembly on Wednesday passed 'The Anti-Terrorism (Second Amendment) Bill, 2013' with amendments for more stringent laws to rein in the prevailing terrorism activities. Recently, the National Assembly also approved "The Anti-Terrorism (Amendme
Published 14 Mar, 2013 12:00am
Anti-Terrorism Bill adopted by National Assembly

Anti-Terrorism Bill adopted by National Assembly

The National Assembly on Wednesday passed 'The Anti-Terrorism (Second Amendment) Bill, 2013' with amendments for more stringent laws to rein in the prevailing terrorism activities. Recently, the National Assembly also approved "The Anti-Terrorism (Amendme
Published 14 Mar, 2013 12:00am
PPP activists from Southern Punjab join PML-N

PPP activists from Southern Punjab join PML-N

PPP ticket-holder from PP-204 Shujaabad, Khurram Khan Khakwani, Naib Tehsil Nazim Vehari Amir Khan Khakwani, and former MPA from Vehari Zargham Khan called on Punjab Chief Minister Muhammad Shahbaz Sharif at Model Town and reposed confidence in the leader
Published 14 Mar, 2013 12:00am
The Weather

The Weather

The weather report on Wednesday (March 13, 2013) and the forecast for Thursday (March 14, 2013).

Published 14 Mar, 2013 12:00am
Senate panel approves Islamabad university bill

Senate panel approves Islamabad university bill

The Senate's Standing Committee on Education and Training on Wednesday unanimously approved the 'Capital University Islamabad Bill 2013' (private member bill). The committee met with Abdul Nabi Bangash in the chair where the Capital University Islamabad B
Published 14 Mar, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (March 13, 2013).

Published 14 Mar, 2013 12:00am
Senate panel approves Islamabad university bill

Senate panel approves Islamabad university bill

The Senate's Standing Committee on Education and Training on Wednesday unanimously approved the 'Capital University Islamabad Bill 2013' (private member bill). The committee met with Abdul Nabi Bangash in the chair where the Capital University Islamabad B
Published 14 Mar, 2013 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 14 Mar, 2013 12:00am
Senate passes law on counter-terrorism authority

Senate passes law on counter-terrorism authority

The Senate on Wednesday passed the 'National Counter Terrorism Authority Act of 2013', making a civilian-run entity to be controlled by the armed forces. The Clause 6, Sub-Clause 3 of the bill says that the presence of director-generals (DG) of various in
Published 14 Mar, 2013 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 14 Mar, 2013 12:00am
Senate passes law on counter-terrorism authority

Senate passes law on counter-terrorism authority

The Senate on Wednesday passed the 'National Counter Terrorism Authority Act of 2013', making a civilian-run entity to be controlled by the armed forces. The Clause 6, Sub-Clause 3 of the bill says that the presence of director-generals (DG) of various in
Published 14 Mar, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (March 13, 2013).

Published 14 Mar, 2013 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (March 13, 2013) and for Thursday (March 14, 2013).
Published 14 Mar, 2013 12:00am
Free, fair election essential for country's development: Prime Minister

Free, fair election essential for country's development: Prime Minister

Prime Minister Raja Pervez Ashraf on Wednesday said free fair and transparent elections were essential for democracy, security and development of the country. "Only the elected representatives can set appropriate direction for the country that is economic
Published 14 Mar, 2013 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (March 13, 2013).

Published 14 Mar, 2013 12:00am
Farhatullah Babar for setting up of constitutional courts

Farhatullah Babar for setting up of constitutional courts

The constitutional courts have become need of the hour and in a serious effort to make it possible, it should be made part of party manifesto to curtail Supreme Court powers to interpret the constitution. This was stated by Farhatullah Babar - a senator o
Published 14 Mar, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 13, 2013).

Published 14 Mar, 2013 12:00am
Militants clash with rival group, torch 10 houses in Tirah

Militants clash with rival group, torch 10 houses in Tirah

Clashes between outlawed militant groups in Tirah Valley of Khyber Agency escalated on Tuesday as the Tehrik-e-Taliban Pakistan (TTP) militants set ablaze houses of at least 10 civilians, accusing them of being supporters of the rival Ansarul Islam (AI) g
Published 14 Mar, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 13, 2013).

Published 14 Mar, 2013 12:00am
Sheikh given additional charge of DG policy coordination MoF

Sheikh given additional charge of DG policy coordination MoF

The government has given additional charge of DG (Debt) policy co-ordination of Finance Ministry to Zafar Sheikh, who is also holding the office of DG Central Directorate of National Savings (CDNS). Zafar Sheikh, while talking to media person here on Wedn
Published 14 Mar, 2013 12:00am
Political parties told to apply for symbols by March 14

Political parties told to apply for symbols by March 14

The Election Commission of Pakistan (ECP) on Wednesday directed all political parties to apply for the allotment of election symbols by Friday, March 15 (tomorrow). The ECP issued the directives for political parties which complied with the provisions of
Published 14 Mar, 2013 12:00am
IWCCI stresses usage of Thar coal for power generation

IWCCI stresses usage of Thar coal for power generation

The Islamabad Women's Chamber of Commerce and Industry (IWCCI) said on Wednesday converting furnace oil based power plants to Thar coal can help save five billion dollars per annum being spent on import of furnace oil which is around 40 percent of the ene
Published 14 Mar, 2013 12:00am
THE RUPEE: cautious moves

THE RUPEE: cautious moves

The rupee showed no major change against the dollar on the currency market on Wednesday, dealers said. The rupee inched up versus the dollar, gaining one paisa for buying at 97.89 while the rupee held the overnight level for selling at 97.92, experts said
Published 14 Mar, 2013 12:00am
MQM yet to disclose names for caretaker chief minister

MQM yet to disclose names for caretaker chief minister

The main opposition party in Sindh Assembly- Muttahida Qaumi Movement (MQM), has not yet disclosed the names of its candidates for caretaker chief minister in the province, waiting for the ruling Pakistan People's Party (PPP) to make its contenders public
Published 14 Mar, 2013 12:00am
THE RUPEE: cautious moves

THE RUPEE: cautious moves

The rupee showed no major change against the dollar on the currency market on Wednesday, dealers said. The rupee inched up versus the dollar, gaining one paisa for buying at 97.89 while the rupee held the overnight level for selling at 97.92, experts said
Published 14 Mar, 2013 12:00am
Banks provide Rs 130 billion as sugar financing this year

Banks provide Rs 130 billion as sugar financing this year

The outstanding amount under sugar financing obtained by private and public sector from banks touched Rs 130 billion mark in February this year against Rs 83.3 billion in February last year. Sources in the banking sector told Business Recorder on W
Published 14 Mar, 2013 12:00am
AbacusConsulting sponsors sixth International Mobile Commerce Conference

AbacusConsulting sponsors sixth International Mobile Commerce Conference

AbacusConsulting sponsored the 6th International Mobile Commerce Conference 2013 in collaboration with its technology partner Sybase, an SAP Company. The conference and exhibition, which took place in Karachi Sheraton on March 14, 2013, showcased end-to-e
Published 14 Mar, 2013 12:00am
CID police arrest three TTP men

CID police arrest three TTP men

Crime Investigation Department (CID) on Wednesday claimed to have arrested three alleged members of banned outfit, Tehrik-e-Taliban Pakistan (TTP), and recovered huge quantity of explosive materials and other weapons. According to SSP Fayaz Khan, a CID te
Published 14 Mar, 2013 12:00am
Police fail to arrest Jhakran's sons, nephew

Police fail to arrest Jhakran's sons, nephew

Boat Basin police on Wednesday failed to arrested two sons and a nephew of a Pakistan People's Party (PPP) MNA, Ijaz Jhakrani, who have been nominated in an FIR for brutally torturing a schoolmate of one of Jhakrani's son. According to details, Haris Jhak
Published 14 Mar, 2013 12:00am
FED on cigarettes: FBR drops idea of merging slabs prior to budget

FED on cigarettes: FBR drops idea of merging slabs prior to budget

The Federal Board of Revenue has dropped the idea of merging existing three slabs of Federal Excise Duty (FED) on cigarettes into two slabs prior to budget (2012-13), withdrawing a major taxation measure meant for accelerating revenue generation in 2012-1
Published 14 Mar, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (March 13, 2013).

Published 14 Mar, 2013 12:00am
Rangers arrest 20 suspects

Rangers arrest 20 suspects

Rangers on Wednesday claimed to have nabbed some 20 suspects and recovered weapons during a search operation in Orangi Town area. Official sources said that heavy contingent of Rangers personnel cordoned off Faiz-e-Aam society and launched door-to-door se
Published 14 Mar, 2013 12:00am
Noted social activist among seven killed in Karachi

Noted social activist among seven killed in Karachi

At least seven people including a noted social activist and Director Orangi Pilot project, Dr Perveen Rehman, were killed in different areas of the city here on Wednesday. According to police and rescue sources, Dr Rehman was shot dead near Abdullah Colle
Published 14 Mar, 2013 12:00am
PRA-IRS row intensifies

PRA-IRS row intensifies

Row between Punjab Revenue Authority (PRA) and Inland Revenue Services (IRS) of the Federal Board of Revenue (FBR) is heating up; the PRA has warned the Chief Commissioners of IRS in Punjab to stop its employees from making unconstitutional intrusion in t
Published 14 Mar, 2013 12:00am
National Assembly panel asks government to remove MD SNGPL

National Assembly panel asks government to remove MD SNGPL

The National Assembly's Standing Committee on Petroleum and Natural Resources on Wednesday asked the government to remove the Managing Director (MD) Sui-Northern Gas Pipeline Limited (SNGPL) for repeatedly not acting upon its recommendations.
Published 14 Mar, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Mar, 2013 12:00am
Nokia, Mobilink collaborate to promote new range of Lumia

Nokia, Mobilink collaborate to promote new range of Lumia

TBC Nokia Pakistan has joined hands with Mobilink, as a means of strengthening its local ecosystem partnerships as well as extending the availability of the innovative Nokia Lumia WP8 range in Pakistan to bring better value propositions for consumers.
Published 14 Mar, 2013 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Mar, 2013 12:00am
Shahzeb murder case hearing adjourned

Shahzeb murder case hearing adjourned

An anti-terrorism court (ATC) adjourned the Shahzeb Khan murder case hearing till tomorrow (Thursday). The accused brought to the court under strict security.
Published 14 Mar, 2013 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 14 Mar, 2013 12:00am
Sindh Assembly will also be dissolved on 16th: Farooq

Sindh Assembly will also be dissolved on 16th: Farooq

The MQM leader Dr Farooq Sattar has said that consultation process on caretaker set-up in Sindh had nearly finalised. Speaking to media in Rawalpindi on Wednesday, the MQM leader said according his information, Sindh Assembly would also be dissolved with
Published 14 Mar, 2013 12:00am
All blood banks asked to get registered with PBTA

All blood banks asked to get registered with PBTA

Secretary Punjab Blood Transfusion Authority (PBTA) Dr Jafar Saleem has said that under Punjab Transfusion of Safe Blood Ordinance 1999, all public and private blood banks are bound to get registered with PBTA and without getting license functioning of a
Published 14 Mar, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 14 Mar, 2013 12:00am
Shahbaz lays foundation stone of GCUF's new campus

Shahbaz lays foundation stone of GCUF's new campus

Punjab Chief Minister Shahbaz Sharif on Wednesday laid the foundation stone of GC University Faisalabad's new campus worth Rs 30 billion on 200 acres. He was flanked by GCUF Vice Chancellor, Professor Dr Zakir Hussain, Punjab Law Minister Rana Sanaullah,
Published 14 Mar, 2013 12:00am
Mehran Sugar Mills Limited

Mehran Sugar Mills Limited

Mehran Sugar is Pakistan's leading producer and marketeer of both white and brown sugar. The Company also has investments in an ethanol facility as well as in bluechip companies listed on the Karachi Stock Exchange. Mehran was founded in 1965 as a Public
Published 14 Mar, 2013 12:00am
Mehran Sugar Mills Limited

Mehran Sugar Mills Limited

Mehran Sugar is Pakistan's leading producer and marketeer of both white and brown sugar. The Company also has investments in an ethanol facility as well as in bluechip companies listed on the Karachi Stock Exchange. Mehran was founded in 1965 as a Public
Published 14 Mar, 2013 12:00am
Police detain child 'bombers' in Quetta

Police detain child 'bombers' in Quetta

Police have arrested around a dozen children, some as young as 10, suspected of being used to plant bombs for separatist militants, officers said Wednesday. The arrests were made in raids over the past 24 hours, local police chief Mir Zubair Mahmood said
Published 14 Mar, 2013 12:00am
Police detain child 'bombers' in Quetta

Police detain child 'bombers' in Quetta

Police have arrested around a dozen children, some as young as 10, suspected of being used to plant bombs for separatist militants, officers said Wednesday. The arrests were made in raids over the past 24 hours, local police chief Mir Zubair Mahmood said
Published 14 Mar, 2013 12:00am
Gilani given week to file review petition

Gilani given week to file review petition

The Supreme Court on Wednesday granted a week to former Prime Minister Syed Yousuf Raza Gilani to file a review petition against his own conviction that was awarded by a seven-member bench of the court almost a year ago. Heading a three-judge bench, Chief
Published 14 Mar, 2013 12:00am
Gilani given week to file review petition

Gilani given week to file review petition

The Supreme Court on Wednesday granted a week to former Prime Minister Syed Yousuf Raza Gilani to file a review petition against his own conviction that was awarded by a seven-member bench of the court almost a year ago. Heading a three-judge bench, Chief
Published 14 Mar, 2013 12:00am
PSM accused of selling products to dealers facing notices from NAB

PSM accused of selling products to dealers facing notices from NAB

Pakistan Steel Mills (PSM) has been accused of selling its products to those who had been issued recovery notices by the NAB. When the Supreme Court took a suo motu notice of corruption in PSM, total financial loss was about Rs 21 billion which has now to
Published 14 Mar, 2013 12:00am
PSM accused of selling products to dealers facing notices from NAB

PSM accused of selling products to dealers facing notices from NAB

Pakistan Steel Mills (PSM) has been accused of selling its products to those who had been issued recovery notices by the NAB. When the Supreme Court took a suo motu notice of corruption in PSM, total financial loss was about Rs 21 billion which has now to
Published 14 Mar, 2013 12:00am
PSM accused of selling products to dealers facing notices from NAB

PSM accused of selling products to dealers facing notices from NAB

Pakistan Steel Mills (PSM) has been accused of selling its products to those who had been issued recovery notices by the NAB. When the Supreme Court took a suo motu notice of corruption in PSM, total financial loss was about Rs 21 billion which has now to
Published 14 Mar, 2013 12:00am
Argentina's Bergoglio elected as new pope

Argentina's Bergoglio elected as new pope

Jorge Mario Bergoglio of Argentina was elected in a surprise choice to be the new leader of the troubled Roman Catholic Church on Wednesday, and said he would take the name Francis I. Pope Francis, 76, appeared on the central balcony of St. Peter's Basili
Published 14 Mar, 2013 12:00am
Argentina's Bergoglio elected as new pope

Argentina's Bergoglio elected as new pope

Jorge Mario Bergoglio of Argentina was elected in a surprise choice to be the new leader of the troubled Roman Catholic Church on Wednesday, and said he would take the name Francis I. Pope Francis, 76, appeared on the central balcony of St. Peter's Basili
Published 14 Mar, 2013 12:00am
Occupied Srinagar, LoC attacks: Pakistan rejects Indian allegations

Occupied Srinagar, LoC attacks: Pakistan rejects Indian allegations

Pakistan on Wednesday brushed aside allegations levelled by top Indian government functionaries regarding the attack on the Central Reserve Police Force (CRPF) in occupied Srinagar and a separate incident allegedly involving the killing of two soldiers by
Published 14 Mar, 2013 12:00am
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