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Print - 2013-08-07
Industrial toxics killed huge fish species: KFHA

Industrial toxics killed huge fish species: KFHA

The Karachi Fish Harbour Authority (KFHA) on Tuesday confirmed that thousands of fish that were washed ashore the other day were killed by industrial toxics. In its investigation report, the KFHA says that marine species perish at least twice a year due t
Published 07 Aug, 2013 12:00am
Over 1100 board first Eid special train

Over 1100 board first Eid special train

First Eid special train on Tuesday started its journey from Karachi to Peshawar. Eid special train departed from Karachi Cantt station around 11am on Tuesday. Deputy Director Superintendent (DDS), Divisional Mechanical Officer (DMO) and other Railway offi
Published 07 Aug, 2013 12:00am
Pak-Thai Business Council of FPCCI: Arif Suleman appointed chairman

Pak-Thai Business Council of FPCCI: Arif Suleman appointed chairman

The Federation of Pakistan Chambers of Commerce and Industry has appointed Arif Suleman as Chairman of Pakistan-Thailand Business Council of FPCCI. Arif Suleman is the Honorary Trade Advisor for Government of Thailand in Pakistan. He has over three decade
Published 07 Aug, 2013 12:00am
53 suspects held in Peshawar

53 suspects held in Peshawar

Police on Tuesday claimed to have arrested at least 53 suspects including 12 proclaimed offenders (POs) during search operation in suburbs of Peshawar. Police said that the action was taken within the limits of Chamkani and Armar police stations. Three Ka
Published 07 Aug, 2013 12:00am
Pesco officers promoted

Pesco officers promoted

Anwarul Haq Yousufzai and Fida Muhammad Khan of Peshawar Electric Supply Company (Pesco) have been promoted as General Managers, while Hassan Fazil and Aftab Sethi elevated to the post of Chief Engineer. According to the notification Anwarul Haq Yousufzai
Published 07 Aug, 2013 12:00am
Islamabad police tightens security on Eidul Fitr

Islamabad police tightens security on Eidul Fitr

In the wake of terrorists' attack threats, the Islamabad police have put security on high alert, said Inspector General of Police (IGP) Sikandar Hayat on Tuesday. Talking to media persons after an Iftar dinner, he said that the intelligence agencies and N
Published 07 Aug, 2013 12:00am
Agriculture minister visits PUIAGS

Agriculture minister visits PUIAGS

Punjab Minister for Agriculture Dr Farrukh Javed on Tuesday paid a visit to Punjab University Institute of Agricultural Sciences (IAGS). PU Vice Chancellor Professor Dr Mujahid Kamran, renowned columnist Hassan Nisar, Director IAGS Professor Dr Saleem Hai
Published 07 Aug, 2013 12:00am
'Raise in power tariff to hit tanneries'

'Raise in power tariff to hit tanneries'

Pakistan Tanners Association has said that huge increase in the electricity tariffs would not only damage the export industry but would also leave negative impact on the industrial production. While commenting on the recent decision of the federal governm
Published 07 Aug, 2013 12:00am
PFVO, UAF ink MoU to facilitate agriculture graduates

PFVO, UAF ink MoU to facilitate agriculture graduates

The All Pakistan Fruit and Vegetable Exporters, Importers and Merchant Association (PFVO) and the University of Agriculture Faisalabad (UAF) have inked a Memorandum of Undercounting (MoU) for collaboration in Research and Development and share of informat
Published 07 Aug, 2013 12:00am
Fesco detects 1,900 cases of power pilferage

Fesco detects 1,900 cases of power pilferage

Fesco Operation and intelligence staff conducted raids to nab the power pilferers and during one month detected more than 1,900 cases of power pilferers out of which 1,000 were stealing electricity direct from the main line. A spokesman of Faisalabad Elec
Published 07 Aug, 2013 12:00am
Hike in electricity tariff rejected

Hike in electricity tariff rejected

The prime users of electricity in textile industry have rejected increase in power tariff, saying that this increase will make revival of textile industry more difficult in the days to come. They said they were waiting for the announcement of gas tariff f
Published 07 Aug, 2013 12:00am
Mangla attains historic 1,213 feet level for first time

Mangla attains historic 1,213 feet level for first time

In a landmark development, water raised in Mangla Dam on Tuesday has reached a historic level of 1,213 feet above mean sea level for the first time. With this record level, present live storage in the Mangla water reservoir on Tuesday has increased to 5.2
Published 07 Aug, 2013 12:00am
PPP criticises power tariff raise

PPP criticises power tariff raise

Former Finance Minister and PPP leader Syed Naveed Qamar said on Tuesday that the unprecedented raise of 74 percent in the electricity tariff for the commercial and industrial sectors would unleash a spiral of overall price hike for the poor people of the
Published 07 Aug, 2013 12:00am
Mineral water sent to flood-affected people

Mineral water sent to flood-affected people

Six trucks loaded with mineral water have been dispatched to district Rajanpur under the arrangement of the divisional administration to save the flood-affected people from the waterborne diseases. Acting Commissioner/DCO Najam Ahmad Shah departed the tru
Published 07 Aug, 2013 12:00am
Police directed to beef-up security

Police directed to beef-up security

DCO/Acting Commissioner, Najam Ahmad Shah has directed the District Police to beef-up the security under the prevailing law and order situation and the bomb blast in Shalimar Express at Toba Tek Singh, which demands extra-ordinary security arrangements in
Published 07 Aug, 2013 12:00am
MCCI rejects WHT agent of ST registered firms

MCCI rejects WHT agent of ST registered firms

Multan Chamber of Commerce and Industry (MCCI) in an emergent meeting criticised the government stance of making withholding agent of sales tax registered firms/companies and termed it unacceptable for the business community. For the betterment of busines
Published 07 Aug, 2013 12:00am
Steps being taken to produce energy from alternative sources: Shahbaz

Steps being taken to produce energy from alternative sources: Shahbaz

Punjab Chief Minister Shahbaz Sharif has said that besides promoting traditional methods of generation of power, work is also being carried out expeditiously on projects of production of energy from alternative sources and the roadmap evolved for this pur
Published 07 Aug, 2013 12:00am
TRL expresses 'total commitment' to set up refinery

TRL expresses 'total commitment' to set up refinery

In a major announcement, Trans Asia Refinery Ltd (TRL) has expressed its "total commitment" to build the most complex refinery in Pakistan, aims at producing more than 100,000 barrels a day and four million tons of petroleum products every year. The refin
Published 07 Aug, 2013 12:00am
Scholarships for government employees' children increased

Scholarships for government employees' children increased

The number of Benevolent Fund Merit Scholarships for the children of provincial government employees at each level ie SSC, FA/FSc, BA/BSc and MA/MSc has been increased from 10 to 50 and doubled its rates. The new rates of merit scholarships for SSC would
Published 07 Aug, 2013 12:00am
PTI criticises Fazl over 'baseless' allegations

PTI criticises Fazl over 'baseless' allegations

Pakistan Tehrik-e-Insaf Khyber Pakhtunkhwa Information Secretary and a member of provincial assembly, Ishtiaq Urmar criticised the Jamiat Ulema-e-Islam Chief, Maulana Fazlur Rahman, over declaring the PTI Chairman Imran Khan as Jews agent, saying that it
Published 07 Aug, 2013 12:00am
Construction in park: LHC issues notice to PHA

Construction in park: LHC issues notice to PHA

The Lahore High Court issued notice to the Parks and Horticulture Authority (PHA) in a petition challenging construction in a park of Wafaqi Colony. The court called report from the PHA and other civic authorities justifying the impugned construction. A r
Published 07 Aug, 2013 12:00am
Ombudsman Punjab takes notice of overcharging, overloading

Ombudsman Punjab takes notice of overcharging, overloading

Ombudsman Punjab, Javed Mahmood, has taken notice of overloading and overcharging by bus and wagon owners from the passengers travelling to their home towns in different areas to celebrate Eid-ul-Fitr. In a letter to Secretary Local Government, Additional
Published 07 Aug, 2013 12:00am
PBC suspends licences of four lawyers

PBC suspends licences of four lawyers

Punjab Bar Council has suspended licences of four lawyers namely Syed Jawad Raza, Sh. Muhammad Nadeem Anjum, Fayyaz Ali Butt and Malik Javed Sabir to practice as advocates. Lahore High Court had sent a reference to Punjab Bar Council for initiating action
Published 07 Aug, 2013 12:00am
Paradoxical situation over NAB's raid on TCP godowns

Paradoxical situation over NAB's raid on TCP godowns

National Accountability Bureau (NAB) and Trading Corporation of Pakistan (TCP) appear engaged in a paradoxical situation over NAB's raid on TCP godowns. The investigator and grain trader both seem to be overstepping the parameters they are supposed to ope
Published 07 Aug, 2013 12:00am
Badar hails Zardari's Iran visit

Badar hails Zardari's Iran visit

Senator Dr Jehangir Badar has hailed President Asif Ali Zardari for visiting Iran, saying the PPP fully backs brotherly relations with Iran. President Asif Ali Zardari attended the oath taking ceremony of the newly-elected President of Iran to manifest fr
Published 07 Aug, 2013 12:00am
Monsoon rains, floods: UN ready to aid Pakistan, Afghanistan

Monsoon rains, floods: UN ready to aid Pakistan, Afghanistan

The United Nations has said that it is ready to assist Pakistan and Afghanistan if required, after monsoon rains and floods reportedly killed at least 120 people in the two Asian countries. "The UN Office for the Co-ordination of Humanitarian Affairs (OCH
Published 07 Aug, 2013 12:00am
Terror bid foiled in Quetta

Terror bid foiled in Quetta

Police last night foiled a potential terrorist attack by seizing an explosive-laden auto rickshaw from Quetta. The rickshaw had been parked near petrol pump in Hazar Gunji area near Western bypass. According to the police, they became suspicious of the ri
Published 07 Aug, 2013 12:00am
Inspection reports on service delivery in Fata reviewed

Inspection reports on service delivery in Fata reviewed

Khyber Pakhtunkhwa Governor Engineer Shaukatullah has said that hectic efforts have to be continued on part of every tier of line departments in Fata right at the root level in particular to ensure their result oriented working and making the facilities a
Published 07 Aug, 2013 12:00am
Dar to be given presentation on PSM woes

Dar to be given presentation on PSM woes

Pakistan Steel Mills (PSM) Board of Directors which met with Fazal Ullah Qureshi in the chair here on Tuesday, decided to give a detailed presentation to the Finance Minister, Senator Ishaq Dar on financial woes of the entity. "We are requesting the gover
Published 07 Aug, 2013 12:00am
UET holds meeting on delaying in award of degrees

UET holds meeting on delaying in award of degrees

A meeting was held at University of Engineering and Technology, Peshawar to look into matter of delay in awarding degrees to the students of BSc Electrical Engineering (communication) UET Kohat Campus. Professor Dr Zahid Mehmood decided to launch a separa
Published 07 Aug, 2013 12:00am
Defence minister visits Naval Headquarters

Defence minister visits Naval Headquarters

Minister for Defence Production, Rana Tanveer Hussain visited Naval Headquarters where he was received by Chief of the Naval Staff, Admiral Mohammad Asif Sandila. Later, the dignitary was introduced to Principle Staff Officers at Naval Headquarters.
Published 07 Aug, 2013 12:00am
Heavy rains in twin cities inundate low-lying areas

Heavy rains in twin cities inundate low-lying areas

The twin cities of Rawalpindi/ Islamabad received heavy rainfall on Tuesday, creating flood-like situation in the congested and low lying areas, especially along Nullah Lai. According to Met Office, the twin cities received 85 mm rainfall, causing small s
Published 07 Aug, 2013 12:00am
Coca-Cola organises Iftar at LABARD

Coca-Cola organises Iftar at LABARD

To celebrate the essence of Ramazan, Coca-Cola Pakistan organised an exclusive Iftar at LABARD (Lahore Businessmen Association for Rehabilitation of Disabled) to share the blessings of this holy month with the disadvantaged of society. The event was atten
Published 07 Aug, 2013 12:00am
30-day gold import ban: DGI&I Customs endorses government decision

30-day gold import ban: DGI&I Customs endorses government decision

Directorate General of Intelligence and Investigation Customs Federal Board of Revenue (FBR) has endorsed government decision to clamp temporary ban on import of gold, effectively discouraging smuggling of the precious metal through suspension of SRO266(1
Published 07 Aug, 2013 12:00am
Fatburger plans to increase number of stores

Fatburger plans to increase number of stores

Fatburger, an internationally acclaimed quick service chain of gourmet burgers originating from US and introduced to Pakistan in 2013, has planned to increase the number of its stores in Pakistan from present two to five in next three years besides taking
Published 07 Aug, 2013 12:00am
'Reut-e-Hilal' issue: call for forging unity, harmony

'Reut-e-Hilal' issue: call for forging unity, harmony

Participants at conference on building unity on "Eidul Fitr" stressed the need for forging unity and religious harmony regarding the "Reut-e-Hilal, and called upon the Ulema from all sects to build consensus on prior to celebrating a major religious festi
Published 07 Aug, 2013 12:00am
Awareness campaign on road safety launched

Awareness campaign on road safety launched

With a view to sensitise general public about increasing number of traffic accidents particularly during rush hours, the Safe Communities Pakistan (SCP) in collaboration with Punjab Emergency Service (Rescue 1122) launched a public awareness campaign on R
Published 07 Aug, 2013 12:00am
Removal of structures built on rainwater drains ordered

Removal of structures built on rainwater drains ordered

Commissioner of Karachi, Shoaib Ahmad Siddiqui, as per directives of the Sindh Chief Minister, Syed Qaim Ali Shah, on Tuesday ordered immediate removal of all concrete, and otherwise, structures raised on and around storm water drains in the city.
Published 07 Aug, 2013 12:00am
SBP issues new notes worth Rs 80 billion

SBP issues new notes worth Rs 80 billion

The State Bank of Pakistan issued fresh currency notes worth Rs 80.6 billion during Ramzan to facilitate general public on the occasion of Eid-ul-Fitar. The SBP Banking Services Corporation (BSC) has made special arrangements for the supply of adequate qu
Published 07 Aug, 2013 12:00am
Grey traffic: IT ministry holds PTA responsible

Grey traffic: IT ministry holds PTA responsible

Ministry of Information Technology (IT) on Tuesday solely held Pakistan Telecommunication Authority (PTA) responsible for non-implementation of International Clearing House (ICH) policy, which resulted in increasing grey trafficking in the country.
Published 07 Aug, 2013 12:00am
People begin leaving for home towns to celebrate Eid

People begin leaving for home towns to celebrate Eid

As the government announced three Eid holidays from August 8 to August 10, hundreds of thousands of people have been leaving for their hometowns since Saturday to celebrate Eidul Fitr with their kith and kin. All city bus stands and exit points are witnes
Published 07 Aug, 2013 12:00am
Eid holidays: all government hospitals to be on high alert

Eid holidays: all government hospitals to be on high alert

Punjab Health Department (HD) has directed all government hospitals, autonomous medical institutions, Rural Health Centres and Basic Health Units to remain high alert during the Eid holidays to cope with any medical emergency in Punjab.
Published 07 Aug, 2013 12:00am
Fourth National Assembly session to be held on August 13

Fourth National Assembly session to be held on August 13

The National Assembly's fourth session would be held on August 13 and approval would be taken from the House for constituting standing committees of various federal ministries, it is learnt. As many as 34 standing committees of the National Assembly inclu
Published 07 Aug, 2013 12:00am
PTI's Ulema wing launches broadside against JUI-F chief

PTI's Ulema wing launches broadside against JUI-F chief

Chief of Pakistan Tehrik-e-Insaf's (PTI) Ulema and Mashaikh wing, Maulana Mufti Abdul Qavi, on Tuesday warned Jamiat Ulema-e-Islam-Fazl chief Maulana Fazlur Rehman to refrain from 'shameful mudslinging' against Imran Khan. In a joint statement along with
Published 07 Aug, 2013 12:00am
Peshawar police foil liquor smuggling bid

Peshawar police foil liquor smuggling bid

The police on Tuesday foiled a bid to smuggle huge quantity of liquor to Punjab and seized the drug but the culprits managed to escape. According to details, the patrolling police squad signalled to stop a vehicle for checking in the vicinity of Faqirabad
Published 07 Aug, 2013 12:00am
Couple gunned down in Swabi

Couple gunned down in Swabi

Unknown armed miscreants gunned down a couple for unknown reasons here in the wee hours of Tuesday. According to police, unknown miscreants barged into a house located in Amazai area of Swabi and opened indiscriminate fire at the couple present there. As
Published 07 Aug, 2013 12:00am
The Weather

The Weather

The weather report on Tuesday (August 06, 2013) and the forecast for Wednesday (August 07, 2013).

Published 07 Aug, 2013 12:00am
Sectarianism a big threat to country: Sardar Yousuf

Sectarianism a big threat to country: Sardar Yousuf

Federal Minister for Religious Affairs Sardar Muhammad Yousuf on Tuesday said that sectarianism was a big threat to stability of the country and Mashaikh could eliminate this menace from society by playing their positive role. He stated these views while
Published 07 Aug, 2013 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 07 Aug, 2013 12:00am
Prime Minister condemns army, police officers' killing

Prime Minister condemns army, police officers' killing

Prime Minister Muhammad Nawaz Sharif has strongly condemned the assassination of army and police officers in Chilas. The PM prayed to Allah Almighty to bless the departed souls with eternal peace and grant courage to the bereaved family to bear this irrep
Published 07 Aug, 2013 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 07 Aug, 2013 12:00am
Prime Minister hosts Iftar at Masjid-e-Nabavi

Prime Minister hosts Iftar at Masjid-e-Nabavi

Prime Minister Muhammad Nawaz Sharif hosted an Iftar Dastarkhwan at Masjid-e-Nabavi, Madina. A large number of Pakistanis attended the Iftari hosted by the Prime Minister. Among others, Finance Minister Ishaq Dar, Minister for Planning & Development Ahsan
Published 07 Aug, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (August 06, 2013).

Published 07 Aug, 2013 12:00am
Raising tax-to-GDP ratio

Raising tax-to-GDP ratio

The PML (N) government is committed to raising the current disturbingly low tax to Gross Domestic Product (GDP) ratio to 10 percent and beyond. There is no doubt that economists would regard the target of 10 percent as appallingly low and would support a
Published 07 Aug, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (August 06, 2013).

Published 07 Aug, 2013 12:00am
Spanish dig seeks pre-historic ancestors of Europeans

Spanish dig seeks pre-historic ancestors of Europeans

With trowels and paintbrushes, dozens of archaeologists in white hard-hats patiently sift the reddish-brown earth in the caves of Atapuerca, searching for remains a million years old. From under strata spanning hundreds of millenia at this site in norther
Published 07 Aug, 2013 12:00am
Isolated Turkmenistan bows to Internet age

Isolated Turkmenistan bows to Internet age

When Turkmen mother Selbi Dzhafarova wanted to buy a toy car for her son's birthday, he burst into tears. "He asked us to buy him a computer instead," she said. Her son Arslan's wish was hardly different from the wishes of young boys all over the world ex
Published 07 Aug, 2013 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (August 06, 2013).

Published 07 Aug, 2013 12:00am
Circular debt, royalty issue: Energy Policy - I

Circular debt, royalty issue: Energy Policy - I

The new Energy Policy has been approved by the CCI (Council of Common Interest). We would like to examine and discuss the policy in a series of articles, taking up the issues one by one. In this first article of this series, we would focus on the NHP (Net
Published 07 Aug, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 06, 2013).

Published 07 Aug, 2013 12:00am
D I Khan jailbreak: implausible explanations

D I Khan jailbreak: implausible explanations

PTI Chairman Imran Khan has been making excuses for July 29 inexcusable incident in which some 100 Taliban attacked DI Khan prison and released 248 prisoners, among them 49 militants, and beheaded four Shia prisoners. At first, he blamed a lack of intelli
Published 07 Aug, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 06, 2013).

Published 07 Aug, 2013 12:00am
Rise in inflation

Rise in inflation

The pace of inflation seems to have picked up in the very first month of the new fiscal year. According to the data released by the Pakistan Bureau of Statistics on 1st August, the Consumer Price Index (CPI) rose by as much as 8.3 percent on year-on-year
Published 07 Aug, 2013 12:00am
Venezuela reaffirms Snowden asylum offer

Venezuela reaffirms Snowden asylum offer

Venezuela's foreign minister on Tuesday reaffirmed his government's offer of asylum to US intelligence leaker Edward Snowden, in comments made public by his office here. Jaua was asked about the offer in an interview in New York with Russian-based RT tele
Published 07 Aug, 2013 12:00am
Rouhani reaches out to US, vows push to resolve nuclear row

Rouhani reaches out to US, vows push to resolve nuclear row

Iran's incoming President Hassan Rouhani used his first press conference on Tuesday to offer an olive branch to the United States in protracted talks on Tehran's disputed nuclear programme, raising hopes of progress after years of stalemate. Rouhani, seen
Published 07 Aug, 2013 12:00am
THE RUPEE: all-round decline

THE RUPEE: all-round decline

All-round decline was seen on the currency market on Tuesday as the rupee fell against the dollar and euro, dealers said. The rupee shed 10 paisa against the dollar, losing 10 paisa for buying at Rs 102.25 and it lost 12 paisa for selling at Rs 102.30, de
Published 07 Aug, 2013 12:00am
Rouhani reaches out to US, vows push to resolve nuclear row

Rouhani reaches out to US, vows push to resolve nuclear row

Iran's incoming President Hassan Rouhani used his first press conference on Tuesday to offer an olive branch to the United States in protracted talks on Tehran's disputed nuclear programme, raising hopes of progress after years of stalemate. Rouhani, seen
Published 07 Aug, 2013 12:00am
THE RUPEE: all-round decline

THE RUPEE: all-round decline

All-round decline was seen on the currency market on Tuesday as the rupee fell against the dollar and euro, dealers said. The rupee shed 10 paisa against the dollar, losing 10 paisa for buying at Rs 102.25 and it lost 12 paisa for selling at Rs 102.30, de
Published 07 Aug, 2013 12:00am
LPG output may rise to 350 tons per day by December 15

LPG output may rise to 350 tons per day by December 15

The country''s Liquefied Petroleum Gas (LPG) production is likely to rise by 300-350 tons per day by December 15, industry sources informed Business Recorder, here on Tuesday. The MOL Pakistan Oil and Gas Co B.V is finalising installation of Makori
Published 07 Aug, 2013 12:00am
LPG output may rise to 350 tons per day by December 15

LPG output may rise to 350 tons per day by December 15

The country's Liquefied Petroleum Gas (LPG) production is likely to rise by 300-350 tons per day by December 15, industry sources informed Business Recorder, here on Tuesday. The MOL Pakistan Oil and Gas Co B.V is finalising installation of Makori
Published 07 Aug, 2013 12:00am
LPG output may rise to 350 tons per day by December 15

LPG output may rise to 350 tons per day by December 15

The country's Liquefied Petroleum Gas (LPG) production is likely to rise by 300-350 tons per day by December 15, industry sources informed Business Recorder, here on Tuesday. The MOL Pakistan Oil and Gas Co B.V is finalising installation of Makori
Published 07 Aug, 2013 12:00am
FBR launches recovery drive against Railways

FBR launches recovery drive against Railways

The Federal Board of Revenue (FBR) has launched comprehensive campaign for recovery of Rs 319 million outstanding arrears from Pakistan Railways. Official sources told Business Recorder here on Tuesday that the FBR has issued instructions to the Ch
Published 07 Aug, 2013 12:00am
FBR launches recovery drive against Railways

FBR launches recovery drive against Railways

The Federal Board of Revenue (FBR) has launched comprehensive campaign for recovery of Rs 319 million outstanding arrears from Pakistan Railways. Official sources told Business Recorder here on Tuesday that the FBR has issued instructions to the Ch
Published 07 Aug, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (August 06, 2013).

Published 07 Aug, 2013 12:00am
FBR launches recovery drive against Railways

FBR launches recovery drive against Railways

The Federal Board of Revenue (FBR) has launched comprehensive campaign for recovery of Rs 319 million outstanding arrears from Pakistan Railways. Official sources told Business Recorder here on Tuesday that the FBR has issued instructions to the Ch
Published 07 Aug, 2013 12:00am
US tells citizens in Yemen to leave immediately

US tells citizens in Yemen to leave immediately

The United States told its citizens in Yemen on Tuesday to leave immediately and airlifted out some US government personnel, following warnings of potential attacks that have pushed Washington to shut diplomatic missions across the Middle East. The poores
Published 07 Aug, 2013 12:00am
US tells citizens in Yemen to leave immediately

US tells citizens in Yemen to leave immediately

The United States told its citizens in Yemen on Tuesday to leave immediately and airlifted out some US government personnel, following warnings of potential attacks that have pushed Washington to shut diplomatic missions across the Middle East. The poores
Published 07 Aug, 2013 12:00am
Sudan floods kill 11: UN

Sudan floods kill 11: UN

Heavy rains and flash floods in Khartoum and other parts of Sudan have killed 11 people and affected almost 100,000 in the past week, the United Nations said on Tuesday. Giving the first official figures for the impact of the flooding, which began on Augu
Published 07 Aug, 2013 12:00am
Pentagon proposes $2.7 billion Iraq arms sales

Pentagon proposes $2.7 billion Iraq arms sales

The Pentagon has notified the US Congress of $2.7 billion in possible new sales to Iraq of air defence and communications systems. The latest contracts would raise to nearly $5 billion the value of a series of US arms sales to Iraq that have been sent to
Published 07 Aug, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Aug, 2013 12:00am
150,000 MT of urea import: TCP awards contract to Trammo AG, Switzerland

150,000 MT of urea import: TCP awards contract to Trammo AG, Switzerland

Trading Corporation of Pakistan (TCP), in response to its tender has awarded contract for import of 150,000 metric tons (MTs) of urea to the lowest bidder. According to a press release, in all 15 bids were received out of which 14 were found responsive in
Published 07 Aug, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 07 Aug, 2013 12:00am
150,000 MT of urea import: TCP awards contract to Trammo AG, Switzerland

150,000 MT of urea import: TCP awards contract to Trammo AG, Switzerland

Trading Corporation of Pakistan (TCP), in response to its tender has awarded contract for import of 150,000 metric tons (MTs) of urea to the lowest bidder. According to a press release, in all 15 bids were received out of which 14 were found responsive in
Published 07 Aug, 2013 12:00am