News Archives for Print - 2013-03-20

Print - 2013-03-20

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 78.45-78.50 (78.55-78.59). Call Money Rates: 06.25-07.50 percent (previous 06.25-07.75 percent).

Published 20 Mar, 2013 12:00am

Yuan unchanged

China's yuan closed almost unchanged on Tuesday as dealers said dollar supply and demand was roughly in balance. The Ministry of Commerce reported that China's foreign direct investment (FDI) inflows fell 1.35 percent in the first two months of 2013 from

Published 20 Mar, 2013 12:00am

Thai baht hits 16-year high

The Thai baht hit its highest since the start of the 1997-98 Asian financial crises, as sustained inflows on Tuesday gave it the biggest gains among emerging Asian currencies at a time investors stayed wary about Cyprus. The baht also found support from s

Published 20 Mar, 2013 12:00am

Australian and New Zealand dollars recover

he Australian and New Zealand dollars pushed closer to four-year peaks versus the yen on Tuesday as some calm returned even as markets remained wary about developments in Cyprus that had renewed worries about the euro zone debt problems. The Aussie dollar

Published 20 Mar, 2013 12:00am

Swiss franc down

The Swiss franc idled against the euro on Tuesday, with the single currency hovering near a three-month low on the dollar as a plan to tax Cyprus savings accounts fuelled fears about the stability of euro zone financial institutions. The franc was 0.1 per

Published 20 Mar, 2013 12:00am

Cyprus concerns boost pound versus euro

Worries about whether Cyprus will approve a bailout plan pushed sterling to a five-week high against the euro on Tuesday, though caution before Wednesday's UK annual budget may limit its gains. The euro fell 0.7 percent to 85.055 pence, its lowest since F

Published 20 Mar, 2013 12:00am

Bracewell given chance to make Test squad

Seamer Doug Bracewell will be added to New Zealand's squad for the third Test against England if he can prove he is match fit, coach Mike Hesson said Tuesday. Bracewell missed the first two Tests, earning a reprimand from management after he cut his foot

Published 20 Mar, 2013 12:00am

Donald gains confidence ahead of Masters

Luke Donald said Tuesday that losing golf's number one ranking had a silver lining, by allowing him to prepare for the coming Masters championship free from the glare of the top-rank spotlight. Donald, in Kuala Lumpur for this week's Maybank Malaysian Ope

Published 20 Mar, 2013 12:00am

Pakistan looks to kabaddi to help build rugby

Pakistan's rugby union chiefs are hoping to exploit the traditional tag-wrestling sport of kabaddi as they try to boost the game and build the country's fledgling international team. Kabaddi, in which players hold their breath and try to tag an opponent b

Published 20 Mar, 2013 12:00am

Ferdinand still has England future: Lampard

Frank Lampard believes that Rio Ferdinand has not yet played his last game for England, despite the defender having withdrawn from the national squad this week. England manager Roy Hodgson had called Ferdinand up for the first time for the upcoming World

Published 20 Mar, 2013 12:00am

Birthday boy Herath spins Sri Lanka to series win

Rangana Herath celebrated his 35th birthday with a career-best 7-89 as Sri Lanka clinched the series against Bangladesh with a comfortable seven-wicket win in the second and final Test on Tuesday. Opener Tillakaratne Dilshan (57) and left-hander Kumar San

Published 20 Mar, 2013 12:00am

Capello sees Belfast as Russia's toughest test

Russia's forthcoming World Cup qualifier with Northern Ireland in Belfast will probably be their toughest test, according to national squad manager Fabio Capello. "I believe it will be the most important match for us," the Italian told the Rossiiskaya Gaz

Published 20 Mar, 2013 12:00am

Spanish football clubs trim back debts to taxman

Spanish football clubs cut their debt to the taxman by eight percent last year from 752.3 million euros (973.8 million dollars) to 690 million (893 million dollars), the Madrid treasury said Tuesday. "The debts of Spanish clubs to the tax authorities ...

Published 20 Mar, 2013 12:00am

De Kock replaces Du Plessis

South Africa have called up Quinton de Kock to their squad for the two remaining one-day internationals against Pakistan. The 20-year-old wicketkeeper-batsman replaces Faf du Plessis, who will rest a lower back problem that has also ruled him out of the f

Published 20 Mar, 2013 12:00am

Surgery for Starc ahead of Ashes

Australian pace bowler Mitchell Starc will have surgery later this week on an ankle injury as he races the clock to be fit for the Ashes series against England, Cricket Australia said Tuesday. The left-armer will return from the team's tour of India early

Published 20 Mar, 2013 12:00am

Owen to retire at end of season

Former England striker Michael Owen announced on Tuesday that he will bring down the curtain on his professional career at the end of the current season. The 33-year-old scored 40 goals in 89 appearances for England and won the prestigious Ballon d'Or in

Published 20 Mar, 2013 12:00am

Blatter unruffled by Brazilian World Cup delays

FIFA president Sepp Blatter is unruffled by Brazil's stop-start preparations for the 2014 World Cup, saying delays and hiccups are part and parcel of the run-up to the tournament. "With the power of Brazil, and I don't only speak of the economic power but

Published 20 Mar, 2013 12:00am

Wasim to help groom fast bowlers

Pakistan pace great Wasim Akram Tuesday promised to help groom a future generation of speedsters as his country looks to recapture former fast bowling glories. Wasim was part of a long line of world-class Pakistani fast bowlers that began with Fazal Mahmo

Published 20 Mar, 2013 12:00am

US working out transfer of Congo war suspect to ICC

The US Embassy in Rwanda was on Tuesday working out the logistics of transferring a Congolese warlord to the International Criminal Court (ICC), a day after Bosco Ntaganda walked off the street to face war crimes charges. Ntaganda stunned embassy staff in

Published 20 Mar, 2013 12:00am

One killed in violent Bangladesh strike

A student leader of Bangladesh's ruling party was hacked to death in a northern town Tuesday as violent clashes marked the second day of strike called by the country's opposition parties. Main opposition Bangladesh Nationalist Party (BNP) and its 17 allie

Published 20 Mar, 2013 12:00am

Seven killed in Marine Corps training accident

Seven US military personnel were killed and several more wounded in an accident during a Marine Corps training exercise in Nevada, the military said Tuesday. "A fatal incident occurred during a training exercise shortly before 10 pm Monday at Hawthorne Ar

Published 20 Mar, 2013 12:00am

Zimbabweans approve new constitution

Almost 95 percent of Zimbabweans voted in favour of a new constitution that would trim President Robert Mugabe's powers and pave the way for new elections, results showed Tuesday. Tallies of the weekend vote released by the Zimbabwe Electoral Commission s

Published 20 Mar, 2013 12:00am

Alleged chemical attack kills 25 in northern Syria

Syria's government and rebels accused each other of launching a deadly chemical attack near the northern city of Aleppo on Tuesday in what would, if confirmed, be the first use of such weapons in the two-year conflict. US President Barack Obama, who has r

Published 20 Mar, 2013 12:00am

Russia raises concern about US refusal to charge dead boy's parents

Russia on Tuesday raised serious concerns about a US decision not to prosecute the adoptive parents of a Russian boy whose death has sparked a diplomatic row between the two countries. Russian officials claim toddler Max Shatto - born Maxim Kuzmin - was t

Published 20 Mar, 2013 12:00am

World's largest embassy to be slashed by two-thirds

The US mission in Iraq - the biggest in the world - will slash its numbers by two-thirds by the end of this year from its peak figure of over 16,000, the American ambassador to Baghdad said. Overall staffing levels at the US's embassy in Baghdad and its c

Published 20 Mar, 2013 12:00am

Microsoft targeted in bribery probe

US authorities are investigating whether Microsoft or its partners bribed officials in China, Italy and Romania to get software contracts, The Wall Street Journal reported Tuesday. Microsoft responded to the reports by calling for a full review of the fac

Published 20 Mar, 2013 12:00am

Medals for British sailors who kept up Soviet supplies

British veterans who braved enemy fire, freezing waters and brutal weather to keep open supply lines to Russia during World War II were on Tuesday honoured for the first time with a new medal. Prime Minister David Cameron presented about 40 men with the n

Published 20 Mar, 2013 12:00am

Wanted cousin of Qadhafi arrested in Cairo

Egyptian police arrested on Tuesday Ahmed Qaddaf al-Dam, a cousin of Muammar Qadhafi, who is wanted in Libya for his role in the regime of the slain Libyan strongman, Egyptian officials said. He surrendered hours after an exchange of fire between his body

Published 20 Mar, 2013 12:00am

Indian parliament approves bill toughening rape laws

India's lower house on Tuesday approved a bill toughening punishments for rapists and other sexual offenders that was introduced following the fatal gang-rape of a student that sparked national outrage. Members of the decision-making lower house of parlia

Published 20 Mar, 2013 12:00am

Death toll from Nigeria bus station attack rises

An attack that saw two suicide bombers ram their car into a bus station in northern Nigeria has killed at least 22 people and wounded dozens more, police said Tuesday. The attack on Monday in Kano, the largest city in Nigeria's mainly Muslim north, led to

Published 20 Mar, 2013 12:00am

Brazil landslides claim at least 17 lives

At least 17 people have died in landslides triggered by heavy rains in a mountainous area of Brazil, authorities said Tuesday. Dozens more have been left homeless since Sunday in and around Petropolis, a former imperial capital located 68 kilometers (42 m

Published 20 Mar, 2013 12:00am

Europol says drug trade is Europe's biggest problem

An estimated 3,600 organised crime gangs are active in Europe, the continent's policing agency revealed on Tuesday, mainly trading in illegal drugs including supplying some 124 tonnes of cocaine annually. "International drug trafficking remains the most a

Published 20 Mar, 2013 12:00am

Financier charged in fake pre-IPO Facebook sales

A Florida investment adviser was charged Tuesday with selling $8 million of fake Facebook shares ahead of the social network's highly anticipating public offering, officials said. The Justice Department said Craig Berkman, 71, was arrested on two separate

Published 20 Mar, 2013 12:00am

Financier charged in fake pre-IPO Facebook sales

Published 20 Mar, 2013 12:00am

Briton injured fleeing feared sex attack: Indian police

A female British tourist suffered leg injuries after she jumped out of a hotel window Tuesday over fears of a sex attack in the Indian city of Agra, home to the Taj Mahal, police said. The victim, who was not named but was in her early 30s, was admitted t

Published 20 Mar, 2013 12:00am

India's poverty cuts slower than Nepal, Bangladesh

India is lagging behind its neighbours Nepal and Bangladesh in reducing poverty, according to a study from Oxford University. Nepal and Bangladesh were among the best performers out of 22 countries when it came to reducing their Multidimensional Poverty I

Published 20 Mar, 2013 12:00am

EU defends Italy's envoy in row with India over marines

European Union foreign policy chief Catherine Ashton on Tuesday defended Italy's envoy to India, prevented from leaving the country due to a row over two Italian marines who skipped bail while on trial for murder in New Delhi. A statement from Ashton's of

Published 20 Mar, 2013 12:00am

Jordan's king criticises regional leaders

Jordan's King Abdullah II launched a broadside against regional leaders in an interview published Tuesday in a US magazine, saying Egypt's president has "no depth" in reading the Palestinian-Israeli conflict and that Turkey's premier sees democracy as a "

Published 20 Mar, 2013 12:00am

Iran former president's daughter freed from jail

The daughter of Iran's former president Akbar Hashemi Rafsanjani was released Tuesday after serving a six-month sentence on charges of propaganda against the regime, her lawyer told the ISNA news agency. Lawyer Sohrab Soleimani said Faezeh Hashemi, who wa

Published 20 Mar, 2013 12:00am

Top French court rules sacking over veil 'discriminatory'

A French Muslim woman who was sacked for wearing the Islamic headscarf at work was unfairly dismissed on the basis of her religion, France's top court ruled on Tuesday. In a landmark decision, the Court of Cassation overturned an earlier ruling by an appe

Published 20 Mar, 2013 12:00am

British newspapers rail against new regulation deal

Britain's newspapers on Tuesday railed against a new system of press regulation agreed by political leaders, which the biggest media groups have warned raises "deeply contentious issues". Conservative Prime Minister David Cameron, his Liberal Democrat dep

Published 20 Mar, 2013 12:00am

Pope sets tone for humbler papacy, calls for defence of the weak

Pope Francis set the tone for a new, humbler papacy at his inaugural Mass on Tuesday where he called for the Church to defend the weak and protect the environment. Addressing up to 200,000 people including many foreign leaders gathered under bright sunshi

Published 20 Mar, 2013 12:00am

Nearly one in ten South African soldiers has HIV/AIDS: army

The South African army Tuesday said 8.5 percent of the country's 79,200 soldiers have HIV/AIDS, angrily dismissing claims of a higher prevalence rate. The surgeon general of the South African National Defence Force, Vejay Ramlakan said a study conducted i

Published 20 Mar, 2013 12:00am

Kerry in Israel on eve of Obama visit: police

US Secretary of State John Kerry arrived in Israel on Tuesday, a day ahead of President Barack Obama's milestone visit, police said. Media reports said that Kerry, who was to accompany Obama on his three-day trip then leave with him for Jordan, would retu

Published 20 Mar, 2013 12:00am

New York cotton gains, recovering from losses on bail-out worries

Cotton inched up on Tuesday, stabilising after falling during the previous session when the Cypriot bailout plan sparked concern over eurozone stability and incited a cross-commodities sell-off. The most-active May cotton contract on ICE Futures US gained

Published 20 Mar, 2013 12:00am

Shanghai copper slips

The most-traded July copper contract on the Shanghai Futures Exchange fell 0.67 percent to 54,910 yuan ($8,800) a tonne on Tuesday, holding above the prior session's seven-month lows. "We expect the Cyprus situation to be contained, with no further spillo

Published 20 Mar, 2013 12:00am

Copper slides to seven-month low

Copper fell to a near seven-month low on Tuesday, extending losses for a fifth straight session as investors worried about a possible bank default in Cyprus and as the euro slid. Bargain hunting sent prices higher during afternoon European trading, but ga

Published 20 Mar, 2013 12:00am

Brent oil falls two percent on Cyprus fears

Brent crude oil fell 2 percent to a three-month low under $108 a barrel on Tuesday as uncertainty over a bailout for Cyprus raised concern about the euro zone debt crisis and its impact on energy demand. Cypriot lawmakers overwhelmingly rejected a deeply

Published 20 Mar, 2013 12:00am

Tokyo rubber up

Tokyo rubber futures edged higher on Tuesday on speculative buying, with a technical rebound from the previous session's three-month low, but gains were limited as weaker oil prices weighed on sentiment, dealers said. The benchmark rubber contract on the

Published 20 Mar, 2013 12:00am

Rotterdam vegetable oil prices

Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

Published 20 Mar, 2013 12:00am

Rotterdam vegetable oil prices

Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

Published 20 Mar, 2013 12:00am

Soyabeans stay lower

Chicago Board of Trade soyabean futures fell for the fifth day in a row on Monday, sliding to a one-month low on concerns about a bailout plan for eurozone member Cyprus and on availability of a large South American soyabean harvest. Wheat turned down for

Published 20 Mar, 2013 12:00am

Palm oil rebounds

Malaysian palm oil futures rebounded on Tuesday on bargain-hunting a day after a radical Cyprus bailout proposal had prompted declines, although gains were capped as uncertainty remained ahead of a vote on the plan. Palm oil traders were also looking ahea

Published 20 Mar, 2013 12:00am

ICE coffee sinks

ICE Arabica coffee futures sank for a seventh session on Tuesday, amid expectations of ample supplies from top producer Brazil and a growing bearish stance held by speculators. ICE raw sugar and cocoa futures recovered slightly from a cross-commodities se

Published 20 Mar, 2013 12:00am

Gold hits 2-1/2 weeks high in New York

Gold prices hit their highest level since late February, with some investors drawn to the precious metal's safe haven properties as a radical bailout package for Cyprus shook sentiment in the euro zone. Spot gold gained 1.2 percent to a fresh high since F

Published 20 Mar, 2013 12:00am

Gold little changed in Asia

Gold hovered near a 2-1/2-week high on Tuesday, as nervousness around an upcoming vote on a levy on bank deposits in Cyprus supported safe haven interest in gold, but investors were sceptical about such support being sustained. Spot gold was little change

Published 20 Mar, 2013 12:00am

Gold reverses losses in European trade

Gold reversed earlier losses on Tuesday, hitting a 2-1/2 week high above $1,610 on renewed flight-to-safety investment ahead of an imminent vote in the Cypriot parliament on a bailout plan. Cyprus's parliament was set to reject an unpopular tax on bank de

Published 20 Mar, 2013 12:00am

US MIDDAY: corn rises

Chicago Board of Trade (CBOT) corn futures rose 1 percent early on Tuesday, the biggest one-day advance in a week, to a six-week peak on dwindling supplies of corn, slow farmer selling and firm cash basis markets. Active spot May corn futures broke above

Published 20 Mar, 2013 12:00am

US MIDDAY: gold extends gains

Gold reversed earlier losses on Tuesday, hitting a 2-1/2 week high above $1,615 an ounce on renewed flight-to-safety investment before an anticipated vote by the Cyprus parliament on a bailout plan. The parliament was set on Tuesday to reject an unpopular

Published 20 Mar, 2013 12:00am

Tribute paid to M M Alam

"The demise of former PAF hero, Air Commodore M M Alam (Retd) is a matter of national mourning," said Syed Jawaid Iqbal, Chairman Moderates, a private sector Think Tank strengthening tolerance, interfaith harmony and democracy. Jawaid praised the crucial

Published 20 Mar, 2013 12:00am

Workers' Party case: remove all objections, ECP told

The Supreme Court on Tuesday directed the Election Commission of Pakistan (ECP) to remove all objections over non-implementation of an apex court verdict in the Workers' Party case. A three-judge bench led by Chief Justice Iftikhar while hearing the non-i

Published 20 Mar, 2013 12:00am

Campaign to be launched to highlight sanitation issues

Members of Civil Society Network here on Tuesday announced the launch of a campaign highlighting sanitation issues. It aims to mobilize relevant bodies to accelerate efforts for proper accessibility of water and sanitation facilities for the entire popula

Published 20 Mar, 2013 12:00am

US felicitates Pakistan on completion of National Assembly term

The United States has congratulated Pakistan on the historic completion of the 5-year term of the National Assembly, saying that it looks forward to continue a wide-ranging US-Pakistan relationship with the next elected government after free and fair poll

Published 20 Mar, 2013 12:00am

Prevention of MDR-Tuberculosis is still biggest challenge in Khyber Pakhtunkhwa: experts

The prevention of Multi-Drug Resistant (MDR-TB) is still a biggest challenge, as number of patients increase during last year in Khyber Pakhtunkhwa, said health experts while speaking at a seminar on Tuesday. The seminar on titled: "Stop TB in My Life Tim

Published 20 Mar, 2013 12:00am

Pakistani imprisoned for 12 years released in Saudi Arabia

Mohammad Naeem, who has been incarcerated for 12 years in prison was released on humanitarian grounds and is returning home, said Pakistan Consul General Aftab Khokhar. Naeem, 50, was in prison for the last 12 years following a murder conviction. The cour

Published 20 Mar, 2013 12:00am

ECOPACK Limited

INTRODUCTION: Ecopack Limited was incorporated as a private limited company in August 1991 to manufacture PET preforms and bottles for Pakistani carbonated beverage and mineral water markets. In 1992, EPL was converted into a public limited company and wa

Published 20 Mar, 2013 12:00am

ECOPACK Limited

Published 20 Mar, 2013 12:00am

Court's new office timings announced

Chief Justice Lahore High Court has announced new office timings of Civil and Sessions Courts in the Punjab except Murree. According to a notification issued here Tuesday the office timing of the courts w.e.f. April 1. The court timings from Monday to Thu

Published 20 Mar, 2013 12:00am

66.195 million kg of tobacco required for local market, export

Pakistan Tobacco Board (PTB) has announced total requirements of 66.195 million kilogram tobacco for both domestic market and export. The board has further urged the tobacco growers for avoiding growing crop without execution of formal agreements with tob

Published 20 Mar, 2013 12:00am

BIEK notification

The Board of Intermediate Education Karachi (BIEK) has notified that the mark sheets of intermediate supplementary examinations (Pre-Engineering, Pre-Medical, Science General and Commerce) held in 2012 have been prepared. The concerned officials of colleg

Published 20 Mar, 2013 12:00am

Entertainment duty collection badly affected by Karachi unrest

The deteriorating law and order situation of Karachi has badly affected collection of entertainment duty by Sindh Government. Provincial Excise and Taxation department, which use to collect the duty (tax), collected only Rs 17.372 million under the head o

Published 20 Mar, 2013 12:00am

Largest Pakistani flag to be displayed on March 23

The largest ever national flag of Pakistan, prepared by students of Institute of Modern Sciences & Arts (IMSA) Hyderabad would be displayed on March 23, at Sindh Museum Hyderabad while celebrating Pakistan Day by management of IMSA Hyderabad. This has bee

Published 20 Mar, 2013 12:00am

Rs 3.8 million looted from bank

At least six unidentified armed robbers with the connivance of security guard looted Rs 3.8 million from a private bank branch here on Tuesday. According to SHO Akhtar Abbas, six armed robbers entered in a bank situated at Block-A, Golden Street in the li

Published 20 Mar, 2013 12:00am

Issue of two percent ST imposition: talks remain inconclusive

Negotiations between Federal Board of Revenue (FBR) and representatives of zero-rated export-oriented sectors remained inconclusive to make headway to settling the deadlock on two-percent sales tax imposition on Tuesday. The imposition will stay unchanged

Published 20 Mar, 2013 12:00am

Prices of black tea varieties surge by Rs 50-100 per kg

The prices of black tea surged between Rs 50 and Rs 100 per kilogram on the back of the government's decision to withdraw the relaxation of 11 percent sales tax on imports, market sources told Business Recorder on Tuesday.

Published 20 Mar, 2013 12:00am

Proposed delisting: minority investors approach ISE

Islamabad Stock Exchange (ISE) has been approached by ACACIA Partners LP, investors in Unilever Pakistan for the last seven years with around 4.1 percent of the Unilever's outstanding shares, to stop Unilever from forcing minority partners to sell out the

Published 20 Mar, 2013 12:00am

PAMA team meets PSQCA chief

Chairmanship of the Director General of PSQCA Pir Bakhsh Jamali held meeting with the delegation of Pakistan Automotive Manufacturers Association (PAMA) at Pakistan Standards and Quality Control Authority (PSQCA) Head Office, Karachi. The delegation heade

Published 20 Mar, 2013 12:00am

PARTLY FACETIOUS: Mushahid acting as Shujaat's tail

"I would like to congratulate you."

Published 20 Mar, 2013 12:00am

Domestic borrowing

Domestic investment is being held hostage to the dramatic increase in domestic borrowing relative to what is budgeted due to the cessation of budgetary support by donor agencies and bilaterals attributed to the government's failure to implement reforms pa

Published 20 Mar, 2013 12:00am

Boardshort empires totter as surf brands lose beach cred

Come down to the quirky Deus ex Machina showroom in Sydney's low-rent Camperdown and have lunch or just a coffee among the customised old motorcycles and branded apparel that owner Dare Jennings has on display. Most come away with a T-shirt or a pair of p

Published 20 Mar, 2013 12:00am

US schools embrace: 'immersion' Chinese lessons

Susan Wang couldn't speak English when she arrived in California from Taiwan, aged 16. Now 49, she heads a school offering US children a similar experience, plunging them into a Chinese world. And her establishment is part of a rapid expansion of "immersi

Published 20 Mar, 2013 12:00am

Summarising profit

The series on profit was started more than a year ago with the humble objective of aggrandising the need to churn a profit at the national level. At inception, it was never envisaged that this journey will confront so many entanglements, after all how dif

Published 20 Mar, 2013 12:00am

President Morsi's historic visit

Egyptian President Muhammad Morsi's one-day visit here augurs well for the people of Pakistan. He is one of the principal products of the Arab Spring, and two years on in the wake of upcoming general election a whiff of scented air is also knocking at the

Published 20 Mar, 2013 12:00am

Request for GSP Plus status

Pakistan was finally able to submit a formal application to the European Commission on 15th March, 2013 to grant Generalised System of Preferences (GSP) Plus to the country which would allow entry of Pakistani products duty-free in the 27-member EU bloc.

Published 20 Mar, 2013 12:00am

Huge quantity of beverages seized

Director General Intelligence and Investigation-Inland Revenue on Tuesday claimed to have detained huge quantity of non-duty paid beverages from Hub River Road. According to official sources, the action was taken on a tipoff that led the seizure of over 7

Published 20 Mar, 2013 12:00am

CPNE forms security committee

Council of Pakistan Newspaper Editors (CPNE) has constituted its Defence & Security Committee to serve the security needs of the media community. Ikram Sehgal has been appointed Chairman of the committee while Aamer Mehmood as Deputy Chairman.

Published 20 Mar, 2013 12:00am

PSMA clarification

A propose a news item carried by Business Recorder, PSMA would like to clarify that "in 2011-12 Pakistan has a bumper sugarcane crop about 5.8 million tons from which 4.67 million tons of sugar was produced. The total availability after adding the

Published 20 Mar, 2013 12:00am

Ministry told to chalk out policy to increase visa fees

The Senate Standing Committee on Interior and Narcotics Control on Tuesday directed the Ministry of Interior to chalk out a policy to increase visa and visa extension fees, and inform the committee of the exact number of Pakistani prisoners languishing in

Published 20 Mar, 2013 12:00am

Jubilee Life posts 47 percent growth in gross premium

Jubilee Life Insurance Company Limited announced impressive financial results for the year ended December 31, 2012, declaring the company as market leader in the private sector of life insurance industry. The results were declared by the Board of Director

Published 20 Mar, 2013 12:00am

Jubilee Life posts 47 percent growth in gross premium

Published 20 Mar, 2013 12:00am

HSBC, School of Leadership Foundation join hands

HSBC has join hands with School of Leadership Foundation (SoLF) to initiate its Future First project, 'Empowerment for Life'. The project will be executed in major cities of Pakistan namely; Karachi, Lahore, Islamabad, Khairpur, Hyderabad, Multan, Sukkur,

Published 20 Mar, 2013 12:00am

SRO issue to be taken up with caretaker government, FBR tells KCCI

A meeting of Karachi Chamber of Commerce and Industry (KCCI) was held on Tuesday with Member Inland Operations , Federal Board of Revenue (FBR) , Muhammad Raza Baqir to discuss controversial SRO 154(i)/2013 dated 28-02-2013; SRO 140(i)/2013 dated 26-02-20

Published 20 Mar, 2013 12:00am

Doha Village for flood affectees inaugurated

Sheikh Ali Bin Abdullah Thani J Al-Thani, Chairman Pak-Qatar Takaful Group has successfully completed the construction for 200 residential homes for the families who had lost their homes due to the floods that swept through Pakistan in 2010.

Published 20 Mar, 2013 12:00am

Government decision earns court's displeasure

Chief Justice Iftikhar Muhammad Chaudhry Tuesday said that a two-judge commission formed by the government to insulate National Accountability Bureau (NAB) against any other institution's interference is tantamount to degrading Supreme Court of Pakistan.

Published 20 Mar, 2013 12:00am

25 suspects arrested

The police claimed to have arrested 25 criminals including 13 illicit weapon holders, 7 proclaimed offenders and 5 drug pushers from different parts of Faisalabad during last 24 hours. A spokesman for the police department said on Tuesday that the police

Published 20 Mar, 2013 12:00am

Internal factors hurting NHA's credibility, Senate panel told

The credibility of the National Highway Authority (NHA) has been badly damaged before international financial institution (IFIs) because of some internal issues, Secretary Communications Anwar Ahmed Khan admitted on Tuesday. He did not elaborate.

Published 20 Mar, 2013 12:00am

NHA needs Rs 500 billion to complete ongoing projects, Senate body told

The National Highway Authority (NHA) is in urgent need of Rs 450-500 billion to complete its on-going projects, said Secretary Communication Anwar Ahmad Khan, while briefing the sub-committee of the Senate Standing Committee on Finance, Revenue and Econom

Published 20 Mar, 2013 12:00am

Fun fair, book exhibition held at medical college

A fun fair and book exhibition was arranged here at Government Amir-ud-Din Medical College on Tuesday. Secretary Health Punjab Arif Nadeem inaugurated the fun fair and book exhibition. Principal of college Professor Dr Anjum Habib Vohra, Professor Ghias-u

Published 20 Mar, 2013 12:00am

PML-N to evolve 'National Economic Agenda 2025'

Pakistan Muslim League-Nawaz (PML-N) is determined to bring about fundamental and far-reaching reforms and changes in the country's economic landscape, PML-N senior leader Mohammad Pervaiz Malik said. Talking to Business Recorder, Malik said that P

Published 20 Mar, 2013 12:00am

Caretaker prime minister PML-N decides to send matter to parliamentary committee

As the Prime Minister and Leader of the Opposition in the recently dissolved National Assembly failed to evolve consensus on the name of caretaker prime minister, the matter is set to be taken up by the Parliamentary Committee comprising four members each

Published 20 Mar, 2013 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.10
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
Nasdaq / Dec 23	19,764.89
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77
India Sensex / Dec 24	78,616.57
Tokyo Nikkei / Dec 24	39,036.85
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,130.86

Item	Value
Gold 10 Grams PKR / Dec 23	241,087.80
Petrol/Litre / Dec 24	252.10
Crude Oil USD/Barrel / Dec 24	69.54
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold Spot USD/Ounce / Dec 24	2,618.54
Diesel/Litre / Dec 24	255.38

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular