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Print - 2013-04-21
Misuse of agro-farms

Misuse of agro-farms

Cities are built not for years but for centuries, for posterity lasting generation after generation. So was the concept and the master plan for Islamabad, the country's new capital. The plan clearly marked out the space, reserving special areas for the go
Published 21 Apr, 2013 12:00am
SHC stops FBR from recovery of Rs 60 million ST

SHC stops FBR from recovery of Rs 60 million ST

Federal Board of Revenue (FBR) and its subordinate officers have been restrained from the recovery of sales tax of more than Rs 60 million by a division bench of the High Court of Sindh, comprising Justice Maqbool Baqar and Justice S M Farooq. The order w
Published 21 Apr, 2013 12:00am
KFHA: agitation may hit implementation of proposed master plan

KFHA: agitation may hit implementation of proposed master plan

Karachi Fish Harbour Authority (KFHA) has shown concerns over the last protest by what it called a "so-called" fishermen association, saying the agitation may hit implementation of the proposed master plan to develop fish harbour. Officials said on Saturd
Published 21 Apr, 2013 12:00am
PIA declares up to 30 percent raise in pension

PIA declares up to 30 percent raise in pension

Increase in the pension of existing pensioners of Pakistan International Airlines (PIA) has sent a wave of jubilation among the retired and widows of national carrier employees. The increase will be from 10 to 30 percent in the monthly pension. The issue
Published 21 Apr, 2013 12:00am
Most kitchen items become dearer

Most kitchen items become dearer

Prices of most of the kitchen items have registered a substantial increase especially vegetables and fruits during this week past against the corresponding period of last week, a survey carried out by Business Recorder revealed. During the week und
Published 21 Apr, 2013 12:00am
Earth Day celebrated

Earth Day celebrated

Pharmevo and World Wild Fund Pakistan celebrated Earth Day at Lady Reading Hospital Peshawar through planting 10 plants here on Saturday. According to a press released, Professor Dr Arshad Javed Chief Executive LRH inaugurated the ceremony along with Prof
Published 21 Apr, 2013 12:00am
Woman suicide bomber kills 4 in Khar

Woman suicide bomber kills 4 in Khar

Four persons including security personnel were killed and four others injured when a woman suicide bomber exploded herself in front of Agency Headquarters Hospital, Khar. According to Assistant Political Agent Bajaur, Asad Sarwar, the suicide bomber was a
Published 21 Apr, 2013 12:00am
Election campaign formally kicks off

Election campaign formally kicks off

Campaign for general elections 2013 has been formally started by political parties and candidates contesting the polls amid stringent measures adopted by the law-enforcing agencies. On Saturday, the PML-N President Mian Nawaz Sharif addressed a public gat
Published 21 Apr, 2013 12:00am
Nawaz vows to take 'revolutionary' steps towards revival of economy

Nawaz vows to take 'revolutionary' steps towards revival of economy

Pakistan Muslim League-Nawaz (PML-N) President Muhammad Nawaz Sharif on Saturday said the PPP-led previous government has ruined the country's economy as well as institutions through rampant corruption. "Today, Pakistan is in Intensive Care Unit (ICU) in
Published 21 Apr, 2013 12:00am
POF arranges three-day flowers and pets show

POF arranges three-day flowers and pets show

POF administration arranged a three-day flowers, pet, animals and birds show at Jinnah Park Wah Cantt from April 19 to 21, 2013 as the flowers are the best gift of God, and enhance the tolerance, patience and forgiveness in the behaviour of mankind and ar
Published 21 Apr, 2013 12:00am
MQM activist among five shot dead

MQM activist among five shot dead

At least five persons including an activist of Muttahida Qaumi Movement (MQM) were killed in separate incidents of violence at various parts of the metropolis, here Saturday. According to police and rescue sources, the MQM man was shot dead near Paper Mar
Published 21 Apr, 2013 12:00am
'BISP unique social protection programme of PPP government'

'BISP unique social protection programme of PPP government'

A spokesman of the Bilawal House has said that the Benazir Income Support Programme (BISP) was the 'largest and unique social protection programme' of the former PPP democratic government providing direct financial assistance to 22 percent vulnerable popu
Published 21 Apr, 2013 12:00am
Measles claims lives of three more children in Lahore

Measles claims lives of three more children in Lahore

There is no let up in deaths of children on account of measles, as three more children became victim of the disease raising the death toll to 43 in the province of Punjab as per official figures. On Saturday, Fatima (3) died at Children Hospital of Lahore
Published 21 Apr, 2013 12:00am
Corporate governance: SECP issues draft principles for NLCs

Corporate governance: SECP issues draft principles for NLCs

The Securities and Exchange Commission of Pakistan (SECP) issued draft principles of corporate governance for non-listed companies (NLCs) for stakeholders' comments. The set of thirteen principles aim to promote transparent and accountable governance prac
Published 21 Apr, 2013 12:00am
SCB, EFU General Insurance launch Home Protection Plan

SCB, EFU General Insurance launch Home Protection Plan

Partnership of Standard Chartered Bank (SCB) with EFU General Insurance Limited has resulted in the development of a new annual insurance product-Home Protection Plan. As the Bank continues to invest in technology and innovation, the Home Protection Plan,
Published 21 Apr, 2013 12:00am
Crime ratio surges in Islamabad

Crime ratio surges in Islamabad

The federal Capital has witnessed surge in crime ratio last week during which as many 32 cases of different nature have registered in various police stations, putting question mark on performance of the city police. In spite of the heavy deployment of pol
Published 21 Apr, 2013 12:00am
KCCI appreciates CAA's fund contributions towards NICH

KCCI appreciates CAA's fund contributions towards NICH

President, Karachi Chamber of commerce and Industry (KCCI), Mohammad Haroon Agar appreciates the management of Child Aid Association, whose significant effort to contribute, collect and provide the funds, enabled the National Institute of Child Health (NI
Published 21 Apr, 2013 12:00am
PSF seeks adequate security for leaders

PSF seeks adequate security for leaders

Activists of Awami National Party's students wing have expressed great concerns over poor security arrangements for the party leadership, demanded of the interim government and Election Commission of Pakistan, to take prompt steps for provision of adequat
Published 21 Apr, 2013 12:00am
World Bank changes tack to face new challengers

World Bank changes tack to face new challengers

Global warming, a new offensive against poverty - the World Bank has overhauled its agenda to prove its relevance in the face of competition from rich emerging nations, notably China. On the outside walls of its headquarters in Washington, where the Bank
Published 21 Apr, 2013 12:00am
Saudi king removes deputy defence minister in royal reshuffle

Saudi king removes deputy defence minister in royal reshuffle

Saudi Arabia's King Abdullah has removed veteran deputy defence minister Prince Khaled bin Sultan from his post, state media reported on Saturday, the latest move in a reshuffle among princes holding government jobs in the US-allied kingdom. Switches of i
Published 21 Apr, 2013 12:00am
India eager to join IP gas pipeline: Iran

India eager to join IP gas pipeline: Iran

Iranian Oil Ministry spokesman said that New Delhi is in talks with Tehran to join the multi-billion-dollar pipeline which Iran is building to export natural gas to Pakistan. "Since India has been motivated by Pakistan's seriousness in building the [Iran-
Published 21 Apr, 2013 12:00am
160 dead, thousands injured in China quake

160 dead, thousands injured in China quake

More than 150 people were killed and 6,700 injured when a strong earthquake hit a mountainous part of south-western China on Saturday, destroying thousands of homes and triggering landslides. The shallow earthquake struck Sichuan province on the edge of t
Published 21 Apr, 2013 12:00am
160 dead, thousands injured in China quake

160 dead, thousands injured in China quake

More than 150 people were killed and 6,700 injured when a strong earthquake hit a mountainous part of south-western China on Saturday, destroying thousands of homes and triggering landslides. The shallow earthquake struck Sichuan province on the edge of t
Published 21 Apr, 2013 12:00am
ECP orders proper security for candidates

ECP orders proper security for candidates

The Election Commission of Pakistan (ECP) asked all provincial and tribal administrations to provide adequate security to all candidates contesting the May 11 general elections. In a letter sent on Saturday, the ECP states.
Published 21 Apr, 2013 12:00am
ECP orders proper security for candidates

ECP orders proper security for candidates

The Election Commission of Pakistan (ECP) asked all provincial and tribal administrations to provide adequate security to all candidates contesting the May 11 general elections. In a letter sent on Saturday, the ECP states.
Published 21 Apr, 2013 12:00am
Musharraf on tax default list: FBR sends 389 cases to ECP

Musharraf on tax default list: FBR sends 389 cases to ECP

Some prominent politicians including former president Pervez Musharraf have committed tax defaults under Income Tax Ordinance 2001 as per the list of 389 cases communicated by the Federal Board of Revenue to the Election Commission of Pakistan.
Published 21 Apr, 2013 12:00am
Musharraf on tax default list: FBR sends 389 cases to ECP

Musharraf on tax default list: FBR sends 389 cases to ECP

Some prominent politicians including former president Pervez Musharraf have committed tax defaults under Income Tax Ordinance 2001 as per the list of 389 cases communicated by the Federal Board of Revenue to the Election Commission of Pakistan.
Published 21 Apr, 2013 12:00am
Musharraf on tax default list: FBR sends 389 cases to ECP

Musharraf on tax default list: FBR sends 389 cases to ECP

Some prominent politicians including former president Pervez Musharraf have committed tax defaults under Income Tax Ordinance 2001 as per the list of 389 cases communicated by the Federal Board of Revenue to the Election Commission of Pakistan.
Published 21 Apr, 2013 12:00am
Musharraf on tax default list: FBR sends 389 cases to ECP

Musharraf on tax default list: FBR sends 389 cases to ECP

Some prominent politicians including former president Pervez Musharraf have committed tax defaults under Income Tax Ordinance 2001 as per the list of 389 cases communicated by the Federal Board of Revenue to the Election Commission of Pakistan.
Published 21 Apr, 2013 12:00am
ATC gives 14-day remand: Musharraf to be detained at his farmhouse

ATC gives 14-day remand: Musharraf to be detained at his farmhouse

An Anti Terrorism Court (ATC) on Saturday remanded former military strongman Pervez Musharraf in judicial custody for 14 days at his farmhouse in the judges' detention case. ATC Judge Kausar Abbas Zaidi sent Pervez Musharraf on 14-day judicial remand and
Published 21 Apr, 2013 12:00am
ATC gives 14-day remand: Musharraf to be detained at his farmhouse

ATC gives 14-day remand: Musharraf to be detained at his farmhouse

An Anti Terrorism Court (ATC) on Saturday remanded former military strongman Pervez Musharraf in judicial custody for 14 days at his farmhouse in the judges' detention case. ATC Judge Kausar Abbas Zaidi sent Pervez Musharraf on 14-day judicial remand and
Published 21 Apr, 2013 12:00am
Terrorism provisions in case: Musharraf 'uneasy', admits spokesman

Terrorism provisions in case: Musharraf 'uneasy', admits spokesman

General Pervez Musharraf (Retd) is not happy with the provision of terrorism in his case. This was stated by the spokesperson of All Pakistan Muslim League (APML), Dr Ajmad while speaking to the media after the verdict in the case, here on Saturday. Dr Am
Published 21 Apr, 2013 12:00am
Terrorism provisions in case: Musharraf 'uneasy', admits spokesman

Terrorism provisions in case: Musharraf 'uneasy', admits spokesman

General Pervez Musharraf (Retd) is not happy with the provision of terrorism in his case. This was stated by the spokesperson of All Pakistan Muslim League (APML), Dr Ajmad while speaking to the media after the verdict in the case, here on Saturday. Dr Am
Published 21 Apr, 2013 12:00am
PPP deplores Nawaz's allegations

PPP deplores Nawaz's allegations

Spokesperson to President Senator Farhatullah Babar on Saturday deplored unsubstantiated accusations hurled by PML-N chief Nawaz Sharif in a public meeting against the President which, he said, sought to drag the President in partisan political controvers
Published 21 Apr, 2013 12:00am
PPP deplores Nawaz's allegations

PPP deplores Nawaz's allegations

Spokesperson to President Senator Farhatullah Babar on Saturday deplored unsubstantiated accusations hurled by PML-N chief Nawaz Sharif in a public meeting against the President which, he said, sought to drag the President in partisan political controvers
Published 21 Apr, 2013 12:00am
Imposition of safeguard duties: textile exports to Turkey nosedive

Imposition of safeguard duties: textile exports to Turkey nosedive

Pakistan''s textile exports to Turkey have nose-dived after the latter imposed safeguard duties to protect its domestic industry, well informed sources told Business Recorder. The Government of Pakistan, sources said, had raised that issue at the h
Published 21 Apr, 2013 12:00am
Imposition of safeguard duties: textile exports to Turkey nosedive

Imposition of safeguard duties: textile exports to Turkey nosedive

Pakistan's textile exports to Turkey have nose-dived after the latter imposed safeguard duties to protect its domestic industry, well informed sources told Business Recorder. The Government of Pakistan, sources said, had raised that issue at the hi
Published 21 Apr, 2013 12:00am
Imposition of safeguard duties: textile exports to Turkey nosedive

Imposition of safeguard duties: textile exports to Turkey nosedive

Pakistan's textile exports to Turkey have nose-dived after the latter imposed safeguard duties to protect its domestic industry, well informed sources told Business Recorder. The Government of Pakistan, sources said, had raised that issue at the hi
Published 21 Apr, 2013 12:00am
We're going through difficult times: CoAS

We're going through difficult times: CoAS

Chief of Army Staff, General Ashfaq Parvez Kayani on Saturday said Pakistan is fully capable of responding effectively to any threat and added that despite the current focus on internal security, the armed forces remained fully prepared to defeat an exter
Published 21 Apr, 2013 12:00am
We're going through difficult times: CoAS

We're going through difficult times: CoAS

Chief of Army Staff, General Ashfaq Parvez Kayani on Saturday said Pakistan is fully capable of responding effectively to any threat and added that despite the current focus on internal security, the armed forces remained fully prepared to defeat an exter
Published 21 Apr, 2013 12:00am
Your rupee last quarter

Your rupee last quarter

Following currency fluctuations took place in foreign exchange rates during the last quarter. (January 02 to March 29, 2013)

Published 21 Apr, 2013 12:00am
The Weather

The Weather

The weather report on Saturday (April 20, 2013) and the forecast for Sunday (April 21, 2013).

Published 21 Apr, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (April 20, 2013) and for Sunday (April 21, 2013).
Published 21 Apr, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

Steadier trend was witnessed on the local currency market on Saturday as the rupee held the overnight levels versus the dollar in the process of trading, dealers said. The rupee did not move any side against the dollar for buying and selling at Rs 99.15 a
Published 21 Apr, 2013 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

Steadier trend was witnessed on the local currency market on Saturday as the rupee held the overnight levels versus the dollar in the process of trading, dealers said. The rupee did not move any side against the dollar for buying and selling at Rs 99.15 a
Published 21 Apr, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (April 20, 2013).

Published 21 Apr, 2013 12:00am
Oil cake market rates

Oil cake market rates

Futures were down on the forward cottonseeds oilcake market on Saturday in process of trading, dealers said. The May vaida ended at Rs 910.00, they said. It opened with 40 paisa loss at Rs 999.50 in the morning session, dealers said. The July contract clo
Published 21 Apr, 2013 12:00am
Cotton market: prices further down amid slow trade

Cotton market: prices further down amid slow trade

Significant fall was seen in the daily-intake on the cotton market on Saturday as a result of less demand by millers and spinners, dealers said. The official spot rate was at Rs 6,650, they said. Rates of seed cotton in Sindh were unchanged at Rs 1,800 an
Published 21 Apr, 2013 12:00am
Falling trend on grain market

Falling trend on grain market

Declining trend was witnessed on the wholesale grain market on Saturday in the process of trading, dealers said. On the grams side, grams Australia No 1 lost Rs 300 to Rs 4800-5200, grams Dall Australia No 1 drifted lower by Rs 200 to Rs 6100-6500, grams
Published 21 Apr, 2013 12:00am
EU wheat supported by Chicago in tentative trading

EU wheat supported by Chicago in tentative trading

Western European wheat markets were flat to higher on Friday as strength in US prices offset pressure from improving crop weather in Europe. Movements were limited as operators awaited clearer indications on harvest prospects across the northern hemispher
Published 21 Apr, 2013 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Friday amid concerns about late planting, and registered a second straight weekly gain. Funds seen building long position in July on concerns about adverse spring weather hampering planting, since new-crop November cont
Published 21 Apr, 2013 12:00am
Corn, soya export premiums hold steady

Corn, soya export premiums hold steady

Corn and soyabean export premiums at the US Gulf Coast held steady on Friday after rising sharply a day earlier as flooding throughout the Midwest halted barge shipments north of St. Louis, traders said. Multiple locks on the Illinois River and the Missis
Published 21 Apr, 2013 12:00am
US natural gas futures end higher for fourth day

US natural gas futures end higher for fourth day

US natural gas futures ended higher on Friday for the fourth straight session, backed by chilly weather forecasts for the next 10 days that should underpin heating demand despite early selling on profit taking ahead of the weekend. Gas inventories started
Published 21 Apr, 2013 12:00am
US Midwest soyabean bids firm

US Midwest soyabean bids firm

Soyabean spot basis bids were firm at US Midwest processing plants while corn bids held mostly steady across the region on Friday as country offerings of each commodity remained light, grain buyers said. Soya bids jumped to $1.00 per bushel above benchmar
Published 21 Apr, 2013 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 153,726 tonnes of cargo comprising 105,926 tonnes of import cargo and 47,800 tonnes of export cargo including 6,066 loaded and empty containers during the last 24 hours ended at 0700 hours on Saturday. The total import cargo of 10
Published 21 Apr, 2013 12:00am
HRW wheat bids steady

HRW wheat bids steady

Cash bids for hard red winter wheat held steady on Friday and country selling was subdued as producers waited to assess crop damage from recent cold weather, traders said. Temperatures early Friday fell into the low 20s (degrees Fahrenheit) in parts of Ka
Published 21 Apr, 2013 12:00am
India's crops seen safe from widespread drought in 2013

India's crops seen safe from widespread drought in 2013

India and its south Asian neighbours are set to avoid widespread drought for a fourth straight year, thanks to a normal monsoon in 2013, a global weather forum said on Friday, raising the prospect of bumper grain supplies to squeeze world food prices.
Published 21 Apr, 2013 12:00am