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Print - 2013-04-13
Zaidi approves Rs 400 million summary for Site development

Zaidi approves Rs 400 million summary for Site development

Caretaker Finance Minister Sindh, Shabbar Zaidi has informed members of Site Association of Industry (SAI) that he has approved a summary of Rs 400 million for infrastructure development of Site industrial area and it was forwarded to Chief Minister Sindh
Published 13 Apr, 2013 12:00am
The Weather

The Weather

The weather report on Friday (April 12, 2013) and the forecast for Saturday (April 13, 2013).

Published 13 Apr, 2013 12:00am
UoP, Malaysian university to conduct archaeological research

UoP, Malaysian university to conduct archaeological research

The University of Peshawar (UoP), and the University Sains Malaysia, Penang agreed to carry out joint archaeological research in Pakistan and Malaysia. The agreement aimed at to improve mutual academic linkages and to jointly carry out research on archaeo
Published 13 Apr, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 12, 2013).

Published 13 Apr, 2013 12:00am
TTP deny anti-polio attacks

TTP deny anti-polio attacks

The Pakistani Taliban on Friday denied any involvement in attacks on polio workers, which have killed 21 people since December, but confirmed it opposed the vaccination as "un-Islamic." The umbrella militant faction last year banned polio vaccinations in
Published 13 Apr, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 12, 2013).

Published 13 Apr, 2013 12:00am
IFC team to train LSE stakeholders on ADR

IFC team to train LSE stakeholders on ADR

International Finance Corporation (IFC)'s business climate team has offered to hold a special training for the Lahore Stock Exchange (LSE) stakeholders on the Alternate Dispute Resolution (ADR) process. This was stated by the business climate improvement
Published 13 Apr, 2013 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 13 Apr, 2013 12:00am
PaRRSA to construct two more schools in Swat

PaRRSA to construct two more schools in Swat

The Provincial Reconstruction, Rehabilitation and Settlement Authority (PaRRSA) will reconstruct two more schools including reconstructing 10 clean drinking water supply schemes in Swat district besides constructing the boundary walls of Excelsior College
Published 13 Apr, 2013 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 13 Apr, 2013 12:00am
'Full women participation in polls to be ensured'

'Full women participation in polls to be ensured'

All-out efforts will be made to ensure that women in the province in general and Federally Administered Tribal Areas (Fata) in particular could cast their votes in the general elections on May 11, Governor of Khyber-Pakhtunkhwa (KP) Shaukatullah Khan said
Published 13 Apr, 2013 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 09, 2013.

Published 13 Apr, 2013 12:00am
BoI, BISP, PBM: PPP appointees continue enjoying executive authorities

BoI, BISP, PBM: PPP appointees continue enjoying executive authorities

A few 'influential' personalities with strong political association with the former PPP-led coalition government, are continuing to enjoy executive authority even in the caretaker set up including Chairperson of Pakistan People's Party's flagship programm
Published 13 Apr, 2013 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 09, 2013.

Published 13 Apr, 2013 12:00am
Supreme Court disposes of 233 cases in a week

Supreme Court disposes of 233 cases in a week

The Supreme Court of Pakistan has disposed of 233 cases whereas 402 new cases have been instituted during the period from Saturday (April 06, 2013) to Friday (April 12, 2013). The backlog remains 19092. The backlog in the Apex Court on April 05, 2013 was
Published 13 Apr, 2013 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 09, 2013.

Published 13 Apr, 2013 12:00am
FBR tightens ATL procedure

FBR tightens ATL procedure

The Federal Board of Revenue would exclude any taxpayer from the Active Taxpayer List (ATL), who would not file monthly sales tax return by the end of calendar month in which the due date of filing falls. The FBR has tightened procedure of the ATL through
Published 13 Apr, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (April 12, 2013).

Published 13 Apr, 2013 12:00am
Masterminds of Abbas Town blast held

Masterminds of Abbas Town blast held

Anti Extremist Cell (AEC) of Crime Investigation Department (CID) on Friday claimed to have arrested masterminds of the Abbas Town blast and recovered arms and explosives materials from their possession. Addressing a news conference at his office, SSP CID
Published 13 Apr, 2013 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (April 12, 2013) and for Saturday (April 13, 2013).
Published 13 Apr, 2013 12:00am
IHC dismisses USC chief''s petition against sacking

IHC dismisses USC chief''s petition against sacking

Islamabad High Court (IHC) on Friday dismissed a writ petition filed by the Managing Director, Utility Stores Corporation (USC), Major General Muhammad Farooq (Retd), challenging his sacking on the ground that the caretaker government could not remove him
Published 13 Apr, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (April 12, 2013).

Published 13 Apr, 2013 12:00am
IHC dismisses USC chief's petition against sacking

IHC dismisses USC chief's petition against sacking

Islamabad High Court (IHC) on Friday dismissed a writ petition filed by the Managing Director, Utility Stores Corporation (USC), Major General Muhammad Farooq (Retd), challenging his sacking on the ground that the caretaker government could not remove him
Published 13 Apr, 2013 12:00am
IHC dismisses USC chief's petition against sacking

IHC dismisses USC chief's petition against sacking

Islamabad High Court (IHC) on Friday dismissed a writ petition filed by the Managing Director, Utility Stores Corporation (USC), Major General Muhammad Farooq (Retd), challenging his sacking on the ground that the caretaker government could not remove him
Published 13 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 Friday (April 12, 2013).

Published 13 Apr, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 12, 2013).

Published 13 Apr, 2013 12:00am
PBA welcomes Supreme Court steps

PBA welcomes Supreme Court steps

Pakistan Broadcasters Association (PBA) has welcomed the steps being taken by the Supreme Court to make transparent expenditure of taxpayers' funds by the government of the day. A press release, issued by PBA here on Friday said that government should not
Published 13 Apr, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 12, 2013).

Published 13 Apr, 2013 12:00am
49 accused held

49 accused held

The Karachi police arrested 49 accused from different parts of the city during last 24 hours. The arrested accused included 19 absconders and one proclaimed offender. Police said that 22 weapons of different calibres were also recovered from the possessio
Published 13 Apr, 2013 12:00am
AVCC inspector held for alleged links with TTP

AVCC inspector held for alleged links with TTP

Anti-Violence and Crime Cell (AVCC) on Friday arrested its official, Inspector Rana Ishrat over his alleged links with banned outfit Tehreek-Taliban Pakistan (TTP) in the city. According to AVCC SP Niaz Khoso, police had kept a vigil eye over the activiti
Published 13 Apr, 2013 12:00am
ANP man among three killed in Karachi

ANP man among three killed in Karachi

At least three persons were killed in the city on Friday, police and rescue sources said. A man named Bismillah Jan, 35, was gunned down by unidentified bike riders near a tea shop in MPR Colony of Qasba Colony in the limits of Pirabad police station. Pol
Published 13 Apr, 2013 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Little movements were seen in the rupee-dollar parity on the money market on Friday, mainly because of easy supply of the greenback, dealers said. The rupee shed one paisa against the dollar for buying at Rs 98.26, while it showed no variation for selling
Published 13 Apr, 2013 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Little movements were seen in the rupee-dollar parity on the money market on Friday, mainly because of easy supply of the greenback, dealers said. The rupee shed one paisa against the dollar for buying at Rs 98.26, while it showed no variation for selling
Published 13 Apr, 2013 12:00am
PML-Q candidate questions impartiality of Sindh caretaker government

PML-Q candidate questions impartiality of Sindh caretaker government

A Pakistan Muslim League-Q (PML-Q) candidate has questioned the impartiality of the caretaker Sindh government, besides raising other issues including safety and security of voters in Karachi and threats from the perceived militant wings of certpolitical
Published 13 Apr, 2013 12:00am
FBR told to post defaulters' data on website by April 17

FBR told to post defaulters' data on website by April 17

A full bench of the Lahore High Court (LHC) on Friday directed the Federal Board of Revenue (FBR) to disclose information regarding defaulter candidates on its website by April 17, besides informing the commission in this regard. The bench also issued not
Published 13 Apr, 2013 12:00am
Bomb defused

Bomb defused

A bomb was found near a mosque in Karachi's Garden area on Friday in the limits of Nabi Buksh police station. The bomb was defused by personnel of the Bomb Disposal Squad (BDS). A team of the BDS rushed to the spot in upon receiving information and the BD
Published 13 Apr, 2013 12:00am
OLP, UBL Omni sign agreement

OLP, UBL Omni sign agreement

ORIX Leasing Pakistan Limited (OLP) and UBL Omni have signed an agreement to facilitate the customers of OLP in repayments of their finance facility through UBL Omni Dukaans. OLP is subsidiary of ORIX Corporation (Japan) and one of the most prominent Non-
Published 13 Apr, 2013 12:00am
OLP, UBL Omni sign agreement

OLP, UBL Omni sign agreement

ORIX Leasing Pakistan Limited (OLP) and UBL Omni have signed an agreement to facilitate the customers of OLP in repayments of their finance facility through UBL Omni Dukaans. OLP is subsidiary of ORIX Corporation (Japan) and one of the most prominent Non-
Published 13 Apr, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (April 12, 2013).

Published 13 Apr, 2013 12:00am
Martyred city wardens: Commissioner KMC hands over cheques to heirs

Martyred city wardens: Commissioner KMC hands over cheques to heirs

Commissioner KMC Matanat Ali Khan visited the homes of city wardens, who were murdered on Thursday night and gave Rs 5 Lakh cheque to each deceased's family on behalf of KMC. He said Rs 5 Lac cheque was not substitute of precious lives but it has been giv
Published 13 Apr, 2013 12:00am
Kite flying permission: LHC declares plea infractuous

Kite flying permission: LHC declares plea infractuous

Chief Justice Lahore High Court Umar Ata Bandial here on Friday declared infractuous a petition seeking permission for kite flying by holding that a mode was given by the law for kite flying and there was no ban on it. The court also disposed of three pet
Published 13 Apr, 2013 12:00am
Major economies: Japan has lowest policy rate

Major economies: Japan has lowest policy rate

Among major economies lowest policy rate is prevailing in Japan which stands at 0.10 percent. According to State Bank of Pakistan (SBP), Sri Lanka has the highest policy rate of 9.5 percent since December 23, 2012. India''s policy rate is even less than P
Published 13 Apr, 2013 12:00am
Major economies: Japan has lowest policy rate

Major economies: Japan has lowest policy rate

Among major economies lowest policy rate is prevailing in Japan which stands at 0.10 percent. According to State Bank of Pakistan (SBP), Sri Lanka has the highest policy rate of 9.5 percent since December 23, 2012. India's policy rate is even less than Pa
Published 13 Apr, 2013 12:00am
Major economies: Japan has lowest policy rate

Major economies: Japan has lowest policy rate

Among major economies lowest policy rate is prevailing in Japan which stands at 0.10 percent. According to State Bank of Pakistan (SBP), Sri Lanka has the highest policy rate of 9.5 percent since December 23, 2012. India's policy rate is even less than Pa
Published 13 Apr, 2013 12:00am
Gold falls into bear market territory

Gold falls into bear market territory

Gold fell below $1,500 per ounce on Friday, a drop of more than 20 percent from its record 2011 highs, putting it in bear market territory for the first time since last May. Gold hit a low of $1,493.35. The metal was heading for a 4.9 percent decline this
Published 13 Apr, 2013 12:00am
Gold falls into bear market territory

Gold falls into bear market territory

Gold fell below $1,500 per ounce on Friday, a drop of more than 20 percent from its record 2011 highs, putting it in bear market territory for the first time since last May. Gold hit a low of $1,493.35. The metal was heading for a 4.9 percent decline this
Published 13 Apr, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Apr, 2013 12:00am
Gold falls into bear market territory

Gold falls into bear market territory

Gold fell below $1,500 per ounce on Friday, a drop of more than 20 percent from its record 2011 highs, putting it in bear market territory for the first time since last May. Gold hit a low of $1,493.35. The metal was heading for a 4.9 percent decline this
Published 13 Apr, 2013 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Apr, 2013 12:00am
Eurozone approves problematic Cyprus bailout

Eurozone approves problematic Cyprus bailout

Eurozone finance ministers formally approved Friday the terms of a problematic Cyprus debt rescue that will cost Nicosia much more than first thought after confusion over the terms. Reviewing the eurozone''s fortunes after the Cyprus crisis suddenly raise
Published 13 Apr, 2013 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 13 Apr, 2013 12:00am
Eurozone approves problematic Cyprus bailout

Eurozone approves problematic Cyprus bailout

Eurozone finance ministers formally approved Friday the terms of a problematic Cyprus debt rescue that will cost Nicosia much more than first thought after confusion over the terms. Reviewing the eurozone's fortunes after the Cyprus crisis suddenly raised
Published 13 Apr, 2013 12:00am
Eurozone approves problematic Cyprus bailout

Eurozone approves problematic Cyprus bailout

Eurozone finance ministers formally approved Friday the terms of a problematic Cyprus debt rescue that will cost Nicosia much more than first thought after confusion over the terms. Reviewing the eurozone's fortunes after the Cyprus crisis suddenly raised
Published 13 Apr, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 13 Apr, 2013 12:00am
World Bank/IMF meeting: MoF moves summary

World Bank/IMF meeting: MoF moves summary

A summary moved by the Ministry of Finance refers to a Minister of Finance who would lead the Pakistani delegation to attend the spring 2013 annual World Bank/International Monetary Fund meeting scheduled from 19 to 21 April.
Published 13 Apr, 2013 12:00am
World Bank/IMF meeting: MoF moves summary

World Bank/IMF meeting: MoF moves summary

A summary moved by the Ministry of Finance refers to a Minister of Finance who would lead the Pakistani delegation to attend the spring 2013 annual World Bank/International Monetary Fund meeting scheduled from 19 to 21 April.
Published 13 Apr, 2013 12:00am
World Bank/IMF meeting: MoF moves summary

World Bank/IMF meeting: MoF moves summary

A summary moved by the Ministry of Finance refers to a Minister of Finance who would lead the Pakistani delegation to attend the spring 2013 annual World Bank/International Monetary Fund meeting scheduled from 19 to 21 April.
Published 13 Apr, 2013 12:00am
Ephedrine quota scam: accused becomes approver

Ephedrine quota scam: accused becomes approver

In the latest twist in the ephedrine quota allotment scam on Friday, another accused Tauqir Ali Khan, allegedly a front man of Ali Musa Gilani, a son of former Prime Minister Syed Yousuf Raza Gilani, agreed to become approver against him. Tauqir Ali Khan
Published 13 Apr, 2013 12:00am
Ephedrine quota scam: accused becomes approver

Ephedrine quota scam: accused becomes approver

In the latest twist in the ephedrine quota allotment scam on Friday, another accused Tauqir Ali Khan, allegedly a front man of Ali Musa Gilani, a son of former Prime Minister Syed Yousuf Raza Gilani, agreed to become approver against him. Tauqir Ali Khan
Published 13 Apr, 2013 12:00am
Musharraf's protective bail extended by six days

Musharraf's protective bail extended by six days

The Islamabad High Court (IHC) on Friday extended former military ruler Pervez Musharraf's protective bail for six days in the judges' detention case. Justice Shaukat Aziz Siddiqui, a single-member bench of the IHC, was hearing Musharraf's bail applicatio
Published 13 Apr, 2013 12:00am
Musharraf's protective bail extended by six days

Musharraf's protective bail extended by six days

The Islamabad High Court (IHC) on Friday extended former military ruler Pervez Musharraf's protective bail for six days in the judges' detention case. Justice Shaukat Aziz Siddiqui, a single-member bench of the IHC, was hearing Musharraf's bail applicatio
Published 13 Apr, 2013 12:00am
IHC dismisses PTV managing director

IHC dismisses PTV managing director

The Islamabad High Court (IHC) on Friday dismissed Pakistan state television's Managing Director (MD) Yousuf Baig Mirza. Justice Shoukat Aziz Siddiqui while hearing former MD of Pakistan Television (PTV) Ashraf Azeem's petition, challenging the appointmen
Published 13 Apr, 2013 12:00am
CoAS visits Bajaur, Swat to inaugurate UPAP projects

CoAS visits Bajaur, Swat to inaugurate UPAP projects

Chief of Army Staff (CoAS) General Ashfaq Parvez Kayani visited Bajaur and Swat on Friday in connection with inauguration of projects completed under UAE Pakistan Assistance Programme (UPAP). General Kayani inaugurated Technical College at Khar, Bajaur.
Published 13 Apr, 2013 12:00am
CoAS visits Bajaur, Swat to inaugurate UPAP projects

CoAS visits Bajaur, Swat to inaugurate UPAP projects

Chief of Army Staff (CoAS) General Ashfaq Parvez Kayani visited Bajaur and Swat on Friday in connection with inauguration of projects completed under UAE Pakistan Assistance Programme (UPAP). General Kayani inaugurated Technical College at Khar, Bajaur.
Published 13 Apr, 2013 12:00am
CoAS visits Bajaur, Swat to inaugurate UPAP projects

CoAS visits Bajaur, Swat to inaugurate UPAP projects

Chief of Army Staff (CoAS) General Ashfaq Parvez Kayani visited Bajaur and Swat on Friday in connection with inauguration of projects completed under UAE Pakistan Assistance Programme (UPAP). General Kayani inaugurated Technical College at Khar, Bajaur.
Published 13 Apr, 2013 12:00am
ISE loses 13.93 points

ISE loses 13.93 points

Bears retained in the driving seat on the Islamabad Stock Exchange (ISE) where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 13.93 points as the ISE Ten Index moved from 3,479.00 to 3,465.07 points. The overall turno
Published 13 Apr, 2013 12:00am
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