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Print - 2013-04-05
PTI workers clash over party tickets in Quetta

PTI workers clash over party tickets in Quetta

Workers of the Pakistan Tehrik-i-Insaf (PTI) clashed with each other at the Quetta Press Club during awarding of party tickets for the upcoming elections in Balochistan. PTI Balochistan President Qasim Soori was addressing a press conference when his oppo
Published 05 Apr, 2013 12:00am
Zardari visits mausoleum of Shahbaz Qalandar

Zardari visits mausoleum of Shahbaz Qalandar

President Asif Ali Zardari visited the mausoleum of Hazrat Lal Shahbaz Qalandar in Sehwan Sharif on Thursday. He offered fateha and prayed for development‚ integrity and prosperity of the country. The President was given briefing regarding expansion proje
Published 05 Apr, 2013 12:00am
Ishaq Dar for giving legal cover to code of conduct

Ishaq Dar for giving legal cover to code of conduct

Senator Mohammad Ishaq Dar, Leader of the opposition in Senate of Pakistan on Thursday urged the Interim Government to take immediate steps for providing legal cover to the entire Code of Conduct for Political Parties, issued by the Election Commission of
Published 05 Apr, 2013 12:00am
Fake degree: former MPA Qaisrani's warrants issued

Fake degree: former MPA Qaisrani's warrants issued

District and Session Court on Thursday issued non-bailable warrants of former PML-N MPA Mir Badshah Qaisrani for holding fake degree. The court summoned Registrar Sindh University Jamshoro Nawaz Narejo to verify authenticity of the lawmaker's academic rec
Published 05 Apr, 2013 12:00am
Lawyers boycott courts against former AG's abduction

Lawyers boycott courts against former AG's abduction

Balochistan lawyers on Thursday boycotted the courts and took out protest rally on Thursday against the abduction of former Advocate General (AG) of Balochistan Salahuddin Mengal. Mengal was kidnapped by unidentified armed men from outside his home in Raz
Published 05 Apr, 2013 12:00am
Prime Minister asks 15 non-career envoys to continue

Prime Minister asks 15 non-career envoys to continue

Fifteen non-career politically appointed ambassadors have been asked by the caretaker Prime Minister Mir Hazar Khan Khoso to continue pending instructions from the next government, Foreign Office spokesman Aizaz Ahmad Chaudhry told Business Recorder</i
Published 05 Apr, 2013 12:00am
European observers arrive

European observers arrive

A group of European officials arrived in Pakistan to observe May 11 parliamentary elections in Pakistan, the Foreign Ministry said on Thursday. Foreign Ministry Spokesman Aizaz Ahmad Chaudhary said that advance team of EU observers' mission is already in
Published 05 Apr, 2013 12:00am
Electricity outages in Punjab: reply sought from Water & Power ministry

Electricity outages in Punjab: reply sought from Water & Power ministry

Chief Justice of Lahore High Court Umar Ata Bandial on Thursday sought a reply from the ministry of water and power in an application questioning discriminatory and unannounced electricity outages in Punjab. The Chief Justice adjourned the hearing till Ap
Published 05 Apr, 2013 12:00am
Two killed in Karachi

Two killed in Karachi

At least two persons were killed and four others were reported injured in various incidents of violence in the city on Thursday. A 19-year-old boy named Syed Sharjeel Rabbani, who was studying at Pakistan Navy's School of Engineering and Technology at the
Published 05 Apr, 2013 12:00am
FCCI urges Khoso to withdraw controversial SROs

FCCI urges Khoso to withdraw controversial SROs

Faisalabad Chamber of Commerce and Industry (FCCI) on Thursday urged caretaker prime minister former Justice Mir Hazar Khan Khoso to withdraw controversial SROs. In a letter, Zahid Aslam, President of FCCI said the FBR was responsible for non-consultation
Published 05 Apr, 2013 12:00am
Jamaat-i-Islami to motivate women, youths for country's progress

Jamaat-i-Islami to motivate women, youths for country's progress

Secretary-General, Jamaat-i-Islami, Liaqat Baloch, said that the JI would motivate the women folk and the youth of the country for the establishment of an Islamic welfare state. Addressing a women convention in the city on Thursday, he said that the women
Published 05 Apr, 2013 12:00am
UHS holds meeting of research board

UHS holds meeting of research board

The 76th meeting of Advanced Studies and Research Board of the University of Health Sciences (UHS) was held here on Thursday with Vice Chancellor Professor Muhammad Aslam in the chair.
Published 05 Apr, 2013 12:00am
240 polling stations sensitive in Rawalpindi: ECP

240 polling stations sensitive in Rawalpindi: ECP

The Election Commission of Pakistan (ECP) has declared 240 polling stations as 'sensitive' in Rawalpindi. ECP officials said 240 polling stations in seven National Assembly constituencies and 14 provincial assembly constituencies of Rawalpindi are sensiti
Published 05 Apr, 2013 12:00am
Ayaz Amir's nomination papers rejected

Ayaz Amir's nomination papers rejected

The Election Commission of Pakistan rejected the nomination papers of Pakistan Muslim League-Nawaz candidate Ayaz Amir from NA-60. Amir said that his nomination papers were rejected on the basis of two columns, which he had written on 'Ideology of Pakista
Published 05 Apr, 2013 12:00am
APML allotted symbol of Eagle

APML allotted symbol of Eagle

A 4-member bench of the Election Commission of Pakistan (ECP) has allotted the symbol of 'Eagle' to All Pakistan Muslim League (APML). The bench heard the case in Islamabad. Now, the former military President Pervez Musharraf would take part in the upcomi
Published 05 Apr, 2013 12:00am
Monitoring units set up to check doctors' efficiency

Monitoring units set up to check doctors' efficiency

Punjab Interim Chief Minister Najam Sethi has asked the authorities concerned to improve the performance of hospitals with regard to medical facilities besides setting up monitoring units for checking the efficiency of doctors and paramedics in all public
Published 05 Apr, 2013 12:00am
Utility bills' defaulters: LHC dismisses petition

Utility bills' defaulters: LHC dismisses petition

The Lahore High Court on Thursday dismissed a petition seeking orders to restrain defaulters of utility bills from contesting the upcoming elections. Earlier, the counsel of the Election Commission of Pakistan in a reply told the court that defaulters of
Published 05 Apr, 2013 12:00am
PML-N yet to finalise candidates' names

PML-N yet to finalise candidates' names

Pakistan Muslim League-Nawaz (PML-N) on Thursday continued its deliberations for finalisation of party candidates for Elections 2013 amid protests by supporters of aspirants of the party ticket outside the PML-N Secretariat in Lahore. The PML-N President
Published 05 Apr, 2013 12:00am
LCWU offices to remain open till mid night

LCWU offices to remain open till mid night

Offices of the Controller of Examinations at Lahore College for Women University, (LCWU) Lahore will remain open today (5th April 2013) till mid night for the verification of degrees of candidates for forthcoming general elections.
Published 05 Apr, 2013 12:00am
Bureaucrats are servant of people not their masters: Mahmud

Bureaucrats are servant of people not their masters: Mahmud

Punjab Governor Makhdum Syed Ahmad Mahmud has said that the bureaucrats are the servant of the people rather than their masters and hence they should implement the virtue of equality, varsity and strive always to provide speedy justice to a common man ins
Published 05 Apr, 2013 12:00am
'Vaccination of children against measles must be ensured'

'Vaccination of children against measles must be ensured'

Punjab Chief Minister Najam Sethi directed the health department to take all measures on war footing to save the children from measles. He said vaccination of children against measles should be ensured and all out preventive measures should be adopted to
Published 05 Apr, 2013 12:00am
Grid station attack: Pesco announces compensation for deceased

Grid station attack: Pesco announces compensation for deceased

Chief Executive Pesco Tariq Saddozai on Thursday visited the Sheikh Muhammadi Grid Station which damaged due to sabotage activities at 500KV Grid on the other day. Chief Executive Pesco and Chief Engineer NTDC Saeedullah Babar met with the Union leaders a
Published 05 Apr, 2013 12:00am
'FDI potential significant for insurance sector'

'FDI potential significant for insurance sector'

Saifuddin Nooruddin Zoomkawala is the Chairman of EFU General Insurance Limited, Chairman of Allianz - EFU Health Insurance Limited and Director of EFU Life Assurance Limited. Having spent most of his professional career with the company, Zoomkawala has r
Published 05 Apr, 2013 12:00am
'FDI potential significant for insurance sector'

'FDI potential significant for insurance sector'

Saifuddin Nooruddin Zoomkawala is the Chairman of EFU General Insurance Limited, Chairman of Allianz - EFU Health Insurance Limited and Director of EFU Life Assurance Limited. Having spent most of his professional career with the company, Zoomkawala has r
Published 05 Apr, 2013 12:00am
The Weather

The Weather

The weather report on Thursday (April 04, 2013) and the forecast for Friday (April 05, 2013).

Published 05 Apr, 2013 12:00am
PU organises short course on boiler operation

PU organises short course on boiler operation

Punjab University Department of Textile Engineering and Technology organised a 2-day short course on Boiler Operation and Performance Enhancement. Dean Faculty of Engineering and Technology Professor Dr Muhammad Taqi Zahid Butt, Chairman Professor Dr Arsh
Published 05 Apr, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (April 04, 2013).

Published 05 Apr, 2013 12:00am
Smeda to formulate SME development strategy for AJK

Smeda to formulate SME development strategy for AJK

Small and Medium Enterprises Development Authority (Smeda) is going to formulae the first ever SME development strategy for Azad Jammu and Kashmir. The modalities of the proposed strategy were discussed on Thursday at a meeting with Secretary AJK for Indu
Published 05 Apr, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (April 04, 2013).

Published 05 Apr, 2013 12:00am
VP Saarc CCI urges people to vote for honest candidates

VP Saarc CCI urges people to vote for honest candidates

Vice President, Saarc Chamber of Commerce and Industry, Iftikar Ali Malik has advised general public to exercise their right to cast vote and choose only honest candidates on the day of poling. Talking to newsmen, he said the country was facing enormous p
Published 05 Apr, 2013 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 05 Apr, 2013 12:00am
Online Complaint Registration Cell begins work

Online Complaint Registration Cell begins work

The online Complaint Registration Cell against mal-administration of provincial govt agencies has started working in the Punjab Ombudsman's Office at 2 Lake Road, Lahore. Official sources told Business Recorder that on assuming office of Ombudsman
Published 05 Apr, 2013 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 05 Apr, 2013 12:00am
LDA to hold open auction on April 8

LDA to hold open auction on April 8

Lahore Develop-ment Authority (LDA) will hold open auction of 18 sites, reserved for setting up educational institutions, on April 08, at LDA Community Centre.
Published 05 Apr, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (April 04, 2013).

Published 05 Apr, 2013 12:00am
WeBOC: exporters facing difficulties

WeBOC: exporters facing difficulties

President Sialkot Chamber of Commerce and Industry (SCCI) Sheikh Abdul Majid said that exporters were continuously facing difficulties in Web-based One Customs (WeBOC) auto-clearance system at the Air Freight Unit (AFU) due to operational hiccups.
Published 05 Apr, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (April 04, 2013).

Published 05 Apr, 2013 12:00am
3,300 megawatts power shortfall persists

3,300 megawatts power shortfall persists

There was no let up in hours-long load-shedding in Punjab as electricity shortfall persisted at 3,300 megawatt on Thursday, Wapda spokesman told Business Recorder. He said that hydel, IPPs, and Gencos produced 8,570 MW electricity against the deman
Published 05 Apr, 2013 12:00am
34th death anniversary of Shaheed ZA Bhutto observed

34th death anniversary of Shaheed ZA Bhutto observed

The 34th death anniversary of founder chairman of Pakistan People's Party (PPP) and former prime minister Shaheed Zulfikar Ali Bhutto was observed with great reverence and respect here on Thursday. Pakistan People's Party (PPP) and PPP (Shaheed Bhutto) ar
Published 05 Apr, 2013 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (April 04, 2013).

Published 05 Apr, 2013 12:00am
DROs, ROs and AROs: CJP directs ECP Secretary to resolve problems

DROs, ROs and AROs: CJP directs ECP Secretary to resolve problems

Chief Justice of Pakistan Justice Iftikhar Muhammad Chaudhry has directed Secretary Election Commission of Pakistan (ECP) take urgent, concrete and specific measures in co-ordination with all the concerned authorities of the Federal and the Provincial Gov
Published 05 Apr, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 04, 2013).

Published 05 Apr, 2013 12:00am
Ban on 'Basant' festival likely to be lifted

Ban on 'Basant' festival likely to be lifted

The youth across Punjab have lauded the caretaker provincial government for giving green signal to lift ban on "Basant" which was interdicted by Shahbaz Sharif-led former government. It should be mentioned that the interim Punjab government is mulling ove
Published 05 Apr, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 04, 2013).

Published 05 Apr, 2013 12:00am
FIA, police chiefs transferred

FIA, police chiefs transferred

On the directives of the Election Commission of Pakistan (ECP), Ministry of Interior transferred the heads of FIA, police and immigration with immediate effect. These heads were appointed by the former political government of Pakistan People's Party.
Published 05 Apr, 2013 12:00am
FIA, police chiefs transferred

FIA, police chiefs transferred

On the directives of the Election Commission of Pakistan (ECP), Ministry of Interior transferred the heads of FIA, police and immigration with immediate effect. These heads were appointed by the former political government of Pakistan People's Party.
Published 05 Apr, 2013 12:00am
THE RUPEE: bears dominate

THE RUPEE: bears dominate

Bears dominated the local currency market on Thursday as a result of strong demand for dollars, dealers said. After maintaining a stable situation, the rupee failed to hold present levels against the dollar mainly because of good demand for the US currenc
Published 05 Apr, 2013 12:00am
THE RUPEE: bears dominate

THE RUPEE: bears dominate

Bears dominated the local currency market on Thursday as a result of strong demand for dollars, dealers said. After maintaining a stable situation, the rupee failed to hold present levels against the dollar mainly because of good demand for the US currenc
Published 05 Apr, 2013 12:00am
LHC asks Centre to submit reply on drone attacks

LHC asks Centre to submit reply on drone attacks

Chief Justice of Lahore High Court Umar Ata Bandial asked the federal government to submit a reply on a petition filed by Jamaatud Dawa chief Hafiz Muhammad Saeed against drone attacks, allowing it till April 18 in this regard. Earlier, the Deputy Attorne
Published 05 Apr, 2013 12:00am
LHC asks Centre to submit reply on drone attacks

LHC asks Centre to submit reply on drone attacks

Chief Justice of Lahore High Court Umar Ata Bandial asked the federal government to submit a reply on a petition filed by Jamaatud Dawa chief Hafiz Muhammad Saeed against drone attacks, allowing it till April 18 in this regard. Earlier, the Deputy Attorne
Published 05 Apr, 2013 12:00am
EU states must tackle tax fraud: EC

EU states must tackle tax fraud: EC

EU states must tackle tax fraud which costs their cash-strapped governments some one trillion euros a year, the European Commission said Thursday amid growing uproar. Asked about reports of massive tax evasion involving high-profile figures and companies,
Published 05 Apr, 2013 12:00am
EU states must tackle tax fraud: EC

EU states must tackle tax fraud: EC

EU states must tackle tax fraud which costs their cash-strapped governments some one trillion euros a year, the European Commission said Thursday amid growing uproar. Asked about reports of massive tax evasion involving high-profile figures and companies,
Published 05 Apr, 2013 12:00am
EU states must tackle tax fraud: EC

EU states must tackle tax fraud: EC

EU states must tackle tax fraud which costs their cash-strapped governments some one trillion euros a year, the European Commission said Thursday amid growing uproar. Asked about reports of massive tax evasion involving high-profile figures and companies,
Published 05 Apr, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (April 04, 2013).

Published 05 Apr, 2013 12:00am
Stop extra aid to Pakistan unless tax reform: UK MPs

Stop extra aid to Pakistan unless tax reform: UK MPs

Britain should not increase aid to nuclear-armed Pakistan unless Islamabad tries to make its wealthy elite pay more taxes, British lawmakers recommended on Thursday. Britain is due to double its assistance to Pakistan to £446 million ($675 million) in 201
Published 05 Apr, 2013 12:00am
Stop extra aid to Pakistan unless tax reform: UK MPs

Stop extra aid to Pakistan unless tax reform: UK MPs

Britain should not increase aid to nuclear-armed Pakistan unless Islamabad tries to make its wealthy elite pay more taxes, British lawmakers recommended on Thursday. Britain is due to double its assistance to Pakistan to £446 million ($675 million) in 201
Published 05 Apr, 2013 12:00am
Stop extra aid to Pakistan unless tax reform: UK MPs

Stop extra aid to Pakistan unless tax reform: UK MPs

Britain should not increase aid to nuclear-armed Pakistan unless Islamabad tries to make its wealthy elite pay more taxes, British lawmakers recommended on Thursday. Britain is due to double its assistance to Pakistan to £446 million ($675 million) in 201
Published 05 Apr, 2013 12:00am
Leaked data names 130,000 tax haven users

Leaked data names 130,000 tax haven users

Leaked data published Thursday by a group of international newspapers has revealed the names of 130,000 people from 170 nations making use of 10 offshore tax havens. The data was disclosed by the International Consortium of Investigative Journalists (ICIJ
Published 05 Apr, 2013 12:00am
Leaked data names 130,000 tax haven users

Leaked data names 130,000 tax haven users

Leaked data published Thursday by a group of international newspapers has revealed the names of 130,000 people from 170 nations making use of 10 offshore tax havens. The data was disclosed by the International Consortium of Investigative Journalists (ICIJ
Published 05 Apr, 2013 12:00am
Leaked data names 130,000 tax haven users

Leaked data names 130,000 tax haven users

Leaked data published Thursday by a group of international newspapers has revealed the names of 130,000 people from 170 nations making use of 10 offshore tax havens. The data was disclosed by the International Consortium of Investigative Journalists (ICIJ
Published 05 Apr, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Apr, 2013 12:00am
NICL scam: former secretary commerce allowed protective bail

NICL scam: former secretary commerce allowed protective bail

The Lahore High Court has allowed protective bail to former secretary commerce Suleman Ghani till April 18, enabling him to appear before a Karachi-based anti-corruption court in the NICL scam. The court had issued non-bailable arrest warrants against Gha
Published 05 Apr, 2013 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Apr, 2013 12:00am
NICL scam: former secretary commerce allowed protective bail

NICL scam: former secretary commerce allowed protective bail

The Lahore High Court has allowed protective bail to former secretary commerce Suleman Ghani till April 18, enabling him to appear before a Karachi-based anti-corruption court in the NICL scam. The court had issued non-bailable arrest warrants against Gha
Published 05 Apr, 2013 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 05 Apr, 2013 12:00am
NICL scam: former secretary commerce allowed protective bail

NICL scam: former secretary commerce allowed protective bail

The Lahore High Court has allowed protective bail to former secretary commerce Suleman Ghani till April 18, enabling him to appear before a Karachi-based anti-corruption court in the NICL scam. The court had issued non-bailable arrest warrants against Gha
Published 05 Apr, 2013 12:00am
Forex reserves fall by $167.7 million

Forex reserves fall by $167.7 million

The country''s forex reserves fell by $167.7 million during last week due to rising debt payments. During last one week, the country paid cumulatively some $250 million to the International Monetary Fund on account of two instalments of Stand-By Arrangeme
Published 05 Apr, 2013 12:00am
Forex reserves fall by $167.7 million

Forex reserves fall by $167.7 million

The country's forex reserves fell by $167.7 million during last week due to rising debt payments. During last one week, the country paid cumulatively some $250 million to the International Monetary Fund on account of two instalments of Stand-By Arrangemen
Published 05 Apr, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 05 Apr, 2013 12:00am
Forex reserves fall by $167.7 million

Forex reserves fall by $167.7 million

The country's forex reserves fell by $167.7 million during last week due to rising debt payments. During last one week, the country paid cumulatively some $250 million to the International Monetary Fund on account of two instalments of Stand-By Arrangemen
Published 05 Apr, 2013 12:00am
LHC suspends SBP''s deputy governor

LHC suspends SBP''s deputy governor

The Lahore High Court on Thursday asked the State Bank of Pakistan''s (SBP) counsel to submit an explanation on the legality of the appointment of Muhammad Ashraf Wathra as a deputy governor of central bank and restrained Wathra from working till Friday (
Published 05 Apr, 2013 12:00am
LHC suspends SBP's deputy governor

LHC suspends SBP's deputy governor

The Lahore High Court on Thursday asked the State Bank of Pakistan's (SBP) counsel to submit an explanation on the legality of the appointment of Muhammad Ashraf Wathra as a deputy governor of central bank and restrained Wathra from working till Friday (t
Published 05 Apr, 2013 12:00am
LHC suspends SBP's deputy governor

LHC suspends SBP's deputy governor

The Lahore High Court on Thursday asked the State Bank of Pakistan's (SBP) counsel to submit an explanation on the legality of the appointment of Muhammad Ashraf Wathra as a deputy governor of central bank and restrained Wathra from working till Friday (t
Published 05 Apr, 2013 12:00am
Chinese overtake Germans as biggest spending tourists

Chinese overtake Germans as biggest spending tourists

Chinese tourists have overtaken Germans as the world''s biggest-spending travellers after a decade of robust growth in the number of Chinese holidaying abroad, the United Nations World Tourism Organisation (UNWTO) said on Thursday. Chinese tourists, known
Published 05 Apr, 2013 12:00am
Chinese overtake Germans as biggest spending tourists

Chinese overtake Germans as biggest spending tourists

Chinese tourists have overtaken Germans as the world's biggest-spending travellers after a decade of robust growth in the number of Chinese holidaying abroad, the United Nations World Tourism Organisation (UNWTO) said on Thursday. Chinese tourists, known
Published 05 Apr, 2013 12:00am
Chinese overtake Germans as biggest spending tourists

Chinese overtake Germans as biggest spending tourists

Chinese tourists have overtaken Germans as the world's biggest-spending travellers after a decade of robust growth in the number of Chinese holidaying abroad, the United Nations World Tourism Organisation (UNWTO) said on Thursday. Chinese tourists, known
Published 05 Apr, 2013 12:00am
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