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Print - 2013-07-31
PTI's sports and culture forum revived in Khyber Pakhtunkhwa

PTI's sports and culture forum revived in Khyber Pakhtunkhwa

Pakistan Tehrik-e-Insaf Sports and Cultural Forum has been revived in Khyber Pakhtunkhwa, and announced its provincial cabinet here on Tuesday. This was stated by PTI Sports and Culture Forum, provincial president Iftikhar Elahi while speaking at a news c
Published 31 Jul, 2013 12:00am
Zardari leaving PPP in crisis?

Zardari leaving PPP in crisis?

Asif Ali Zardari, outgoing president saddled by corruption allegations, defied critics by staying in office for five years but steps down next month leaving his party in crisis. Zardari did not seek re-election at Tuesday's vote for a new ceremonial head
Published 31 Jul, 2013 12:00am
Presidential poll divides Khyber Pakhtunkhwa ruling coalition

Presidential poll divides Khyber Pakhtunkhwa ruling coalition

The presidential election on Tuesday divided the ruling alliance in Khyber Pakhtunkhwa when Aftab Ahmad Khan Sherpao-led Qaumi Watan Party (QWP) voted for the Pakistan Muslim League-Nawaz (PML-N) candidate Mamnoon Hussain instead of Pakistan Tehrik-e-Insa
Published 31 Jul, 2013 12:00am
NA-48 By-poll: PML-N awards ticket to Chaudhry Ashraf

NA-48 By-poll: PML-N awards ticket to Chaudhry Ashraf

Pakistan Muslim League-Nawaz (PML-N) has awarded party ticket to Chaudhry Ashraf Advocate to contest by-elections from NA-48 Islamabad scheduled to be held on August 22. The decision was taken at the meeting of parliamentary board of the PML-N, sources sa
Published 31 Jul, 2013 12:00am
Hundreds of free Iftar stalls set up along major roadsides

Hundreds of free Iftar stalls set up along major roadsides

Although the sky rocketing prices of basic commodities yet the city is witnessing hundreds of free Iftar stalls along major roadsides set up by the wealthy people to get the blessing of Almighty Allah during holy month of Ramazan. There has been tremendou
Published 31 Jul, 2013 12:00am
Mamnoon secures 309 votes in Punjab Assembly

Mamnoon secures 309 votes in Punjab Assembly

Mamnoon Hussain candidate of PML-N received 309 votes in presidential elections of the country in Punjab Assembly here on Tuesday. His sole opponent from PTI former Justice Wajihuddin Ahmed pooled 23 votes in the election to the slot. Six votes were cance
Published 31 Jul, 2013 12:00am
Prime Minister felicitates Mamnoon

Prime Minister felicitates Mamnoon

Prime Minister Muhammad Nawaz Sharif on Tuesday felicitated President-elect Mamnoon Hussein on his election as the President of the Islamic Republic of Pakistan. The Prime Minister expressed the hope that the newly-elected President would come up to the e
Published 31 Jul, 2013 12:00am
Fake government servant nabbed for smuggling 5kg of hashish

Fake government servant nabbed for smuggling 5kg of hashish

Anti-Car Lifting Cell (ACLC) of Islamabad police on Tuesday foiled a bid of drug smuggling and recovered five kilograms of hashish from fraudster exposing himself as government servant and trying to transport drug from Abbottabad to Rawalpindi. On a tip-o
Published 31 Jul, 2013 12:00am
POL prices may be hiked up to Rs 5.50 per litre

POL prices may be hiked up to Rs 5.50 per litre

The Oil and Gas Regulatory Authority (Ogra) has forwarded a summary to the Ministry of Petroleum with the recommendations to increase prices of petroleum products up to Rs 5.50 per litre effective from August 1. The regulatory authority has also requested
Published 31 Jul, 2013 12:00am
30-day ban imposed on gold import

30-day ban imposed on gold import

The Economic Co-ordination Committee of the Cabinet meeting on Tuesday imposed a 30-day ban on import of gold by suspending operation of SRO266(1)/2001 from July 31, 2013. The ECC meeting presided over by the Finance Minister Senator Ishaq Dar was informe
Published 31 Jul, 2013 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (July 30, 2013).

Published 31 Jul, 2013 12:00am
30-day ban imposed on gold import

30-day ban imposed on gold import

The Economic Co-ordination Committee of the Cabinet meeting on Tuesday imposed a 30-day ban on import of gold by suspending operation of SRO266(1)/2001 from July 31, 2013. The ECC meeting presided over by the Finance Minister Senator Ishaq Dar was informe
Published 31 Jul, 2013 12:00am
30-day ban imposed on gold import

30-day ban imposed on gold import

The Economic Co-ordination Committee of the Cabinet meeting on Tuesday imposed a 30-day ban on import of gold by suspending operation of SRO266(1)/2001 from July 31, 2013. The ECC meeting presided over by the Finance Minister Senator Ishaq Dar was informe
Published 31 Jul, 2013 12:00am
Bear run: no let-up

Bear run: no let-up

Karachi Stock Exchange (KSE) Tuesday witnessed another bear run due to selling pressure across the board. The KSE-100 Index lost 30.34 points to revert to the level of 23,284.81 from 23,315.15 points Monday. The local bourse opened in green zone but slipp
Published 31 Jul, 2013 12:00am
Bear run: no let-up

Bear run: no let-up

Karachi Stock Exchange (KSE) Tuesday witnessed another bear run due to selling pressure across the board. The KSE-100 Index lost 30.34 points to revert to the level of 23,284.81 from 23,315.15 points Monday. The local bourse opened in green zone but slipp
Published 31 Jul, 2013 12:00am
Bear run: no let-up

Bear run: no let-up

Karachi Stock Exchange (KSE) Tuesday witnessed another bear run due to selling pressure across the board. The KSE-100 Index lost 30.34 points to revert to the level of 23,284.81 from 23,315.15 points Monday. The local bourse opened in green zone but slipp
Published 31 Jul, 2013 12:00am
BRIndex30 sheds 74.28 points

BRIndex30 sheds 74.28 points

On Tues-day, BRIndex30 opened at 15,363.97. It touched an intraday high of 15,470.56 and an intraday low of 15,176.52 and closed at 15,289.69 which was -74.28 points or -0.48 percent lower than previous close. Total volume was 138,545,600, which was 68.51
Published 31 Jul, 2013 12:00am
BRIndex30 sheds 74.28 points

BRIndex30 sheds 74.28 points

On Tues-day, BRIndex30 opened at 15,363.97. It touched an intraday high of 15,470.56 and an intraday low of 15,176.52 and closed at 15,289.69 which was -74.28 points or -0.48 percent lower than previous close. Total volume was 138,545,600, which was 68.51
Published 31 Jul, 2013 12:00am
Zardari felicitates Mamnoon

Zardari felicitates Mamnoon

President Asif Ali Zardari has felicitated Mamnoon Hussain on his election to the office of President of Pakistan. Spokesperson Senator Farhatullah Babar said that in his message of felicitation President Zardari wished the President-elect well in the dis
Published 31 Jul, 2013 12:00am
Zardari felicitates Mamnoon

Zardari felicitates Mamnoon

President Asif Ali Zardari has felicitated Mamnoon Hussain on his election to the office of President of Pakistan. Spokesperson Senator Farhatullah Babar said that in his message of felicitation President Zardari wished the President-elect well in the dis
Published 31 Jul, 2013 12:00am
LHCBA seeks 'action' against judges

LHCBA seeks 'action' against judges

The Lahore High Court Bar Association (LHCBA) demanded action against three Supreme Court judges, including Chief Justice, on charge of "misconduct" for changing the schedule of election for the election of president of Pakistan. The LHCBA general house i
Published 31 Jul, 2013 12:00am
LHCBA seeks 'action' against judges

LHCBA seeks 'action' against judges

The Lahore High Court Bar Association (LHCBA) demanded action against three Supreme Court judges, including Chief Justice, on charge of "misconduct" for changing the schedule of election for the election of president of Pakistan. The LHCBA general house i
Published 31 Jul, 2013 12:00am
Nandipur project: capacity enhanced

Nandipur project: capacity enhanced

The government has enhanced the capacity of the Nandipur power project from 425MW to 525MW by spending an additional amount of just Rs 2.5 billion on gas equipment, sources close to Minister for Planning and Development told Business Recorder while
Published 31 Jul, 2013 12:00am
Nandipur project: capacity enhanced

Nandipur project: capacity enhanced

The government has enhanced the capacity of the Nandipur power project from 425MW to 525MW by spending an additional amount of just Rs 2.5 billion on gas equipment, sources close to Minister for Planning and Development told Business Recorder while
Published 31 Jul, 2013 12:00am
Nandipur project: capacity enhanced

Nandipur project: capacity enhanced

The government has enhanced the capacity of the Nandipur power project from 425MW to 525MW by spending an additional amount of just Rs 2.5 billion on gas equipment, sources close to Minister for Planning and Development told Business Recorder while
Published 31 Jul, 2013 12:00am
LSE Index falls marginally

LSE Index falls marginally

Equities on Tuesday remained depressed and registered declines amid decreased trading turnover on the Lahore Stock Exchange. The LSE-25 index lost 6.95 points to close at 5049.84 against 5056.79 of Monday while transaction volume was squeezed to 2.899 mil
Published 31 Jul, 2013 12:00am
LSE Index falls marginally

LSE Index falls marginally

Equities on Tuesday remained depressed and registered declines amid decreased trading turnover on the Lahore Stock Exchange. The LSE-25 index lost 6.95 points to close at 5049.84 against 5056.79 of Monday while transaction volume was squeezed to 2.899 mil
Published 31 Jul, 2013 12:00am
ISE index slightly down

ISE index slightly down

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 8.46 points as the index moved from 4,361.85 to 4,353.39 points on Tuesday. The overall turn
Published 31 Jul, 2013 12:00am
ISE index slightly down

ISE index slightly down

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 8.46 points as the index moved from 4,361.85 to 4,353.39 points on Tuesday. The overall turn
Published 31 Jul, 2013 12:00am
Obama proposes 'grand bargain' on corporate tax rate, infrastructure

Obama proposes 'grand bargain' on corporate tax rate, infrastructure

President Barack Obama proposed a "grand bargain for middle-class jobs" on Tuesday that would cut the US corporate tax rate and use billions of dollars in revenues generated by a business tax overhaul to fund projects aimed at creating jobs. His goal, as
Published 31 Jul, 2013 12:00am
Foreign banks speed up East European funding withdrawal

Foreign banks speed up East European funding withdrawal

Foreign banks accelerated their funding withdrawal from central and eastern Europe in the first quarter of 2013, a report showed on Tuesday, dashing hopes that deleveraging from the region was finally starting to taper off. Institutions that report to the
Published 31 Jul, 2013 12:00am
Foreign banks speed up East European funding withdrawal

Foreign banks speed up East European funding withdrawal

Foreign banks accelerated their funding withdrawal from central and eastern Europe in the first quarter of 2013, a report showed on Tuesday, dashing hopes that deleveraging from the region was finally starting to taper off. Institutions that report to the
Published 31 Jul, 2013 12:00am
Nawaz to visit Karachi tomorrow

Nawaz to visit Karachi tomorrow

Prime Minister Nawaz Sharif will visit Karachi on August 1 (Thursday). This will be his first tour of the metropolis since he took office in June. The one-day tour was earlier scheduled for July 31. PM Nawaz will meet Sindh Governor Dr Ishratul Ebad Khan
Published 31 Jul, 2013 12:00am
Nawaz to visit Karachi tomorrow

Nawaz to visit Karachi tomorrow

Prime Minister Nawaz Sharif will visit Karachi on August 1 (Thursday). This will be his first tour of the metropolis since he took office in June. The one-day tour was earlier scheduled for July 31. PM Nawaz will meet Sindh Governor Dr Ishratul Ebad Khan
Published 31 Jul, 2013 12:00am
Amjad Parvez Janjua takes charge as managing director PSO

Amjad Parvez Janjua takes charge as managing director PSO

Having taken charge as the new Managing Director (MD) of Pakistan State Oil (PSO), the nation's leading energy company, Amjad Parvez Janjua, held a communication meeting with Company employees at the PSO Head Office.
Published 31 Jul, 2013 12:00am
Amjad Parvez Janjua takes charge as managing director PSO

Amjad Parvez Janjua takes charge as managing director PSO

Having taken charge as the new Managing Director (MD) of Pakistan State Oil (PSO), the nation's leading energy company, Amjad Parvez Janjua, held a communication meeting with Company employees at the PSO Head Office.
Published 31 Jul, 2013 12:00am
Amjad Parvez Janjua takes charge as managing director PSO

Amjad Parvez Janjua takes charge as managing director PSO

Having taken charge as the new Managing Director (MD) of Pakistan State Oil (PSO), the nation''s leading energy company, Amjad Parvez Janjua, held a communication meeting with Company employees at the PSO Head Office.
Published 31 Jul, 2013 12:00am
Arab League, OIC urge truce in Syria for Eid

Arab League, OIC urge truce in Syria for Eid

The Arab League and the Organisation of Islamic Co-operation jointly appealed Tuesday to warring parties in Syria to observe a cease-fire during next week's feast of Eidul-Fitr. In their statement, the Arab League's Secretary General Nabil al-Arabi and hi
Published 31 Jul, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 31 Jul, 2013 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 31 Jul, 2013 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 Jul, 2013 12:00am
China to maintain steady growth in second half: government

China to maintain steady growth in second half: government

China's economy will continue to grow at a steady rate during the second half of this year despite "extremely complicated domestic and international conditions", the government said Tuesday. Leaders of the world's number two economy will "co-ordinate the
Published 31 Jul, 2013 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 31 Jul, 2013 12:00am
Nepal protesters demand installation of Buddha statue

Nepal protesters demand installation of Buddha statue

Buddhist monks halted traffic in Nepal's capital Tuesday as they protested against a refusal to allow them to build a religious shrine in an area they say is an important holy site. Authorities have rejected calls by the monks to allow them to install a 1
Published 31 Jul, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 Jul, 2013 12:00am
POL prices may be hiked up to Rs 5.50 per litre

POL prices may be hiked up to Rs 5.50 per litre

The Oil and Gas Regulatory Authority (Ogra) has forwarded a summary to the Ministry of Petroleum with the recommendations to increase prices of petroleum products up to Rs 5.50 per litre effective from August 1. The regulatory authority has also requested
Published 31 Jul, 2013 12:00am
Punjab to set up hostels for working women, daycare centers

Punjab to set up hostels for working women, daycare centers

The Punjab government is going to set up 10 daycare centers at a cost of Rs 100 millions while five working women hostels will be established with a sum of more than Rs 38 millions during the current financial year. Provincial Minister for Women Developme
Published 31 Jul, 2013 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 31 Jul, 2013 12:00am
Rape case: D&SJ asked to submit report within three days

Rape case: D&SJ asked to submit report within three days

The Lahore High Court on Tuesday directed the district and sessions judge (D&SJ), Lahore to look into the matter of a rape case and submit his report about the submission of challan by the police before the relevant court within three days. The D&SJ has s
Published 31 Jul, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 30, 2013).

Published 31 Jul, 2013 12:00am
Lane-and-line discipline on highways to be ensured

Lane-and-line discipline on highways to be ensured

Every effort will be made and all the resources will be utilised to bring lane-and-line discipline on national highways and provide quality assistance to the road users, said newly appointed DIG N-5 Central Mirza Shakil Ahmad while taking charge of the of
Published 31 Jul, 2013 12:00am
The Weather

The Weather

The weather report on Tuesday (July 30, 2013) and the forecast for Wednesday (July 31, 2013).

Published 31 Jul, 2013 12:00am
Khyber Pakhtunkhwa polio staff holds demonstration over salaries

Khyber Pakhtunkhwa polio staff holds demonstration over salaries

Demanding for immediate disbursement of salaries to polio staff, members of Paramedical Association Khyber Pakhtunkhwa Chapter, staged a protest demonstration outside the press club on Tuesday. The protest was leading by Para Medical Staff Association, Pr
Published 31 Jul, 2013 12:00am
July provisional tax collection exceeds Rs 120 billion

July provisional tax collection exceeds Rs 120 billion

The provisional revenue collection has surpassed Rs 120 billion during first month of current fiscal (2013-14) as compared to Rs 109 billion during the same period of last fiscal year, reflecting an increase of 10 percent. Official sources told Busines
Published 31 Jul, 2013 12:00am
Position-holder students return home after study tour

Position-holder students return home after study tour

As many as 35 toppers from the Boards of Intermediate and Secondary Education of all the provinces have returned to homeland after one-month long study tour of the UK, Germany and Sweden. They were received at the Lahore airport by Provincial Minister for
Published 31 Jul, 2013 12:00am
Fiscal year 2012-13: Lesco installs new 130,407 electricity connections

Fiscal year 2012-13: Lesco installs new 130,407 electricity connections

Lahore Electric Supply Company (Lesco) installed 130,407 new electricity connections during the fiscal year 2012-13. Out of these 115,464 were domestic, 10,690 commercial, 2,150 industrial and 2,098 tubwell connections. This was sated by an official of Le
Published 31 Jul, 2013 12:00am
River Chenab in high flood

River Chenab in high flood

River Chenab at Marala, Khanki & Qadirabad is likely to attain high flood level on Wednesday including nullahs at Bhimber, Bhunder, Palku, Aik. River Ravi may also attain high flood level, Meteorological Department said here on Tuesday.
Published 31 Jul, 2013 12:00am
Water shortage issue: KBP to begin 'long march' towards Islamabad

Water shortage issue: KBP to begin 'long march' towards Islamabad

Kisan Board Pakistan (KBP) has announced a long march towards Islamabad and will stage a sit-in in front of the Parliament to create awareness amongst the masses about Indian water aggression against Pakistan and forcing rulers to declare shortage of wate
Published 31 Jul, 2013 12:00am
Water scarcity could pose much bigger danger : PIAF

Water scarcity could pose much bigger danger : PIAF

Scarcity of water could pose bigger danger than terrorism, thus the government should work on war-footing to save fast depleting water resources as we have only 13 per cent water of over total requirement. According to Chairman, Pakistan Industrial and Tr
Published 31 Jul, 2013 12:00am
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