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Print - 2014-03-06
JI team calls on DG Asian Affairs of Iran

JI team calls on DG Asian Affairs of Iran

A high-level Jamaat-i-Islami delegation headed by JI Secretary General Liaqat Baloch, currently in Iran, on Wednesday called on Director General Asian Affairs of the Iranian Foreign Ministry Mehdi Banizada, and exchanged views with him on bilateral relati
Published 06 Mar, 2014 12:00am
Minister asked to eradicate corruption from Railways

Minister asked to eradicate corruption from Railways

The workers of Pakistan Railways on Wednesday urged the Federal Minister to step up efforts to stop the department's proposed privatisation besides taking measures to eradicate corruption from the ailing organisation.
Published 06 Mar, 2014 12:00am
Dar urged to take notice of under-invoicing in tyre's imports

Dar urged to take notice of under-invoicing in tyre's imports

The local tyre and rubber industry has urged Finance Minister Ishaq Dar to take notice of huge under invoicing in imports of different types of tyres which deprives FBR of huge revenues on the one hand and badly affects the local production on the other.
Published 06 Mar, 2014 12:00am
Exhibition of students' projects begins at SU

Exhibition of students' projects begins at SU

The exhibition of various projects of final year students of Information Technology (IT) has got underway in the institute of information & communication technology, University of Sindh which will continue till March 10, 2014.
Published 06 Mar, 2014 12:00am
Aussie warship rescues 13 Iranians shipwrecked off Pakistan coast

Aussie warship rescues 13 Iranians shipwrecked off Pakistan coast

An Australian warship has rescued 13 Iranians shipwrecked off Pakistan coast on its way to the Middle East to join an international force conducting counter-terrorist and anti-piracy operations, officials said on Wednesday. HMAS Darwin came across the men
Published 06 Mar, 2014 12:00am
'Sharing and learning workshop' held in Jamshoro

'Sharing and learning workshop' held in Jamshoro

To reflect through the complete process of Voices of Community Project in Jamshoro District, a one-day "Sharing and Learning Workshop" was organised by Oxfam with collaboration of National University of Science & Technology & Information Department, in wh
Published 06 Mar, 2014 12:00am
SHC seeks comments on petitions against Sindh HEC

SHC seeks comments on petitions against Sindh HEC

The Sindh High Court (SHC) on Wednesday directed federal authorities and High Education Commission (HEC) to submit comments on two identical petitions challenging the establishment of Sindh Higher Education Commission by Sindh government. A division bench
Published 06 Mar, 2014 12:00am
Pakistan condemns Bahrain terror incident

Pakistan condemns Bahrain terror incident

Pakistan strongly on Wednesday condemns the terrorist incident in Bahrain in which three police personnel and several innocent people including one Pakistani lost their lives while many were seriously injured. Terrorism in all in its forms and manifestati
Published 06 Mar, 2014 12:00am
JWSDF decides to support families of martyred journalists

JWSDF decides to support families of martyred journalists

Journalists Welfare Safety and Development Foundation (JWSDF) Pakistan has decided to support the families of journalists who were martyred in the line of duty and would also take steps for provision of better education, healthcare and shelter facilities
Published 06 Mar, 2014 12:00am
Call for proving low mark-up loans to women entrepreneurs

Call for proving low mark-up loans to women entrepreneurs

Women entrepreneurs have urged Prime Minister Nawaz Sharif and Federal Finance Minster Ishaq Dar to provide loans on low mark-up to women entrepreneurs. This demand was made during a meeting of Women Entrepreneur Sub Committee of Karachi Chamber of Commer
Published 06 Mar, 2014 12:00am
Swat's silk industry devastated by Taliban insurgency

Swat's silk industry devastated by Taliban insurgency

Five years after it collapsed under Taliban rule, the once-thriving silk industry in the Swat valley of north-west Pakistan is still in shreds, leaving thousands without work and entrepreneurs like Shaukat Ali counting the cost.
Published 06 Mar, 2014 12:00am
Punjab chief minister condoles

Punjab chief minister condoles

Punjab Chief Minister Shahbaz Sharif met chief pilot of his helicopter Colonel Muhammad Safdar (retd) and condoled the death of his brother Rafaqat Hussain Awan, Additional Session Judge, who was martyred in Islamabad Katchehry's terrorism incident. Provi
Published 06 Mar, 2014 12:00am
Spring plantation drive begins at Peshawar University

Spring plantation drive begins at Peshawar University

The spring plantation drive on Wednesday started at the University of Peshawar, aimed at to a greener and cleaner Greater Campus in the month's long campaign. Vice Chancellor, UoP Professor Dr Muhammad Rasul Jan started the campaign by planting a sapling
Published 06 Mar, 2014 12:00am
Prime Minister to open three-day auto show today

Prime Minister to open three-day auto show today

Prime Minister Nawaz Sharif will inaugurate the 10th annual three-day Pakistan's largest auto show being held from March 6-8, 2014 at the Expo Centre here on Wednesday, Chairman Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapa
Published 06 Mar, 2014 12:00am
BRIndex30 gains 177.13 points

BRIndex30 gains 177.13 points

On Wednesday, BRIndex30 opened at 15,812.07. It touched an intraday high of 16,026.15 and an intraday low of 15,792.86 and closed at 15,989.20, which was 177.13 points or 1.12 percent higher than previous close. Total volume was 192,352,000, which was 73
Published 06 Mar, 2014 12:00am
LSE index marginally declines

LSE index marginally declines

Bullish sentiments dominated on the Lahore Stock Exchange on Wednesday and the equities extended further gains amid decreased trading turnover. However, the LSE-25 index was marginally declined by 3.93 points and closed at 4956.37 against 4960.30 of Tuesd
Published 06 Mar, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Mar, 2014 12:00am
LSE index marginally declines

LSE index marginally declines

Bullish sentiments dominated on the Lahore Stock Exchange on Wednesday and the equities extended further gains amid decreased trading turnover. However, the LSE-25 index was marginally declined by 3.93 points and closed at 4956.37 against 4960.30 of Tuesd
Published 06 Mar, 2014 12:00am
ISE index up by 40.44 points

ISE index up by 40.44 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday, where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 40.44 points as the ISE
Published 06 Mar, 2014 12:00am
ISE index up by 40.44 points

ISE index up by 40.44 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday, where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 40.44 points as the ISE
Published 06 Mar, 2014 12:00am
Snowden, Malala, Putin cited as Nobel peace prize candidates

Snowden, Malala, Putin cited as Nobel peace prize candidates

US whistleblower Edward Snowden, schoolgirl Malala Yousafzai and Russian President Vladimir Putin are among the nominees for this year's Nobel Peace Prize, as the Nobel Institute announced Tuesday a record 278 candidates.
Published 06 Mar, 2014 12:00am
Snowden, Malala, Putin cited as Nobel peace prize candidates

Snowden, Malala, Putin cited as Nobel peace prize candidates

US whistleblower Edward Snowden, schoolgirl Malala Yousafzai and Russian President Vladimir Putin are among the nominees for this year's Nobel Peace Prize, as the Nobel Institute announced Tuesday a record 278 candidates.
Published 06 Mar, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (March 05, 2014).

Published 06 Mar, 2014 12:00am
Three Gulf Arab states recall envoys in rift with Qatar

Three Gulf Arab states recall envoys in rift with Qatar

Saudi Arabia, the United Arab Emirates and Bahrain withdrew their ambassadors from Qatar on Wednesday in an unprecedented public split between Gulf Arab allies who have fallen out over the role of Islamists in a region in turmoil. Qatar's cabinet voiced "
Published 06 Mar, 2014 12:00am
Three Gulf Arab states recall envoys in rift with Qatar

Three Gulf Arab states recall envoys in rift with Qatar

Saudi Arabia, the United Arab Emirates and Bahrain withdrew their ambassadors from Qatar on Wednesday in an unprecedented public split between Gulf Arab allies who have fallen out over the role of Islamists in a region in turmoil. Qatar's cabinet voiced "
Published 06 Mar, 2014 12:00am
China unveils fresh double-digit military spending boost

China unveils fresh double-digit military spending boost

China on Wednesday extended its spending spree on the world's largest armed forces, unveiling a 12.2 percent increase in the defence budget for 2014 and provoking fresh concern in rival Japan. Beijing has for years been raising spending on the People's Li
Published 06 Mar, 2014 12:00am
China unveils fresh double-digit military spending boost

China unveils fresh double-digit military spending boost

China on Wednesday extended its spending spree on the world's largest armed forces, unveiling a 12.2 percent increase in the defence budget for 2014 and provoking fresh concern in rival Japan. Beijing has for years been raising spending on the People's Li
Published 06 Mar, 2014 12:00am
MTBs auction: government borrows Rs 274 billion

MTBs auction: government borrows Rs 274 billion

The government borrowed some Rs 274 billion on Wednesday through the auction for Market Treasury Bills (MTBs) against the target of Rs 500 billion. The State Bank of Pakistan (SBP) conducted the auction for the sale of 3-month, 6-month & 12-month Governme
Published 06 Mar, 2014 12:00am
THE RUPEE: dollar dips

THE RUPEE: dollar dips

Better-than-expected rise in remittances and absence of major payment helped the rupee to get strength against the dollar on the money market on Wednesday, dealers said.
Published 06 Mar, 2014 12:00am
MTBs auction: government borrows Rs 274 billion

MTBs auction: government borrows Rs 274 billion

The government borrowed some Rs 274 billion on Wednesday through the auction for Market Treasury Bills (MTBs) against the target of Rs 500 billion. The State Bank of Pakistan (SBP) conducted the auction for the sale of 3-month, 6-month & 12-month Governme
Published 06 Mar, 2014 12:00am
THE RUPEE: dollar dips

THE RUPEE: dollar dips

Better-than-expected rise in remittances and absence of major payment helped the rupee to get strength against the dollar on the money market on Wednesday, dealers said.
Published 06 Mar, 2014 12:00am
MTBs auction: government borrows Rs 274 billion

MTBs auction: government borrows Rs 274 billion

The government borrowed some Rs 274 billion on Wednesday through the auction for Market Treasury Bills (MTBs) against the target of Rs 500 billion. The State Bank of Pakistan (SBP) conducted the auction for the sale of 3-month, 6-month & 12-month Governme
Published 06 Mar, 2014 12:00am
MTBs auction: government borrows Rs 274 billion

MTBs auction: government borrows Rs 274 billion

The government borrowed some Rs 274 billion on Wednesday through the auction for Market Treasury Bills (MTBs) against the target of Rs 500 billion. The State Bank of Pakistan (SBP) conducted the auction for the sale of 3-month, 6-month & 12-month Governme
Published 06 Mar, 2014 12:00am
Spectrum auction: Turk Cell team to visit Islamabad for due diligence

Spectrum auction: Turk Cell team to visit Islamabad for due diligence

A meeting of the Spectrum Auction Advisory Committee was held here Wednesday with Federal Finance Minister Mohammad Ishaq Dar the chair, reviewed progress on the spectrum auction. Secretary Information Technology Akhlaq Tarrar informed the committee that
Published 06 Mar, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 05, 2014).

Published 06 Mar, 2014 12:00am
Spectrum auction: Turk Cell team to visit Islamabad for due diligence

Spectrum auction: Turk Cell team to visit Islamabad for due diligence

A meeting of the Spectrum Auction Advisory Committee was held here Wednesday with Federal Finance Minister Mohammad Ishaq Dar the chair, reviewed progress on the spectrum auction. Secretary Information Technology Akhlaq Tarrar informed the committee that
Published 06 Mar, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 05, 2014).

Published 06 Mar, 2014 12:00am
Spectrum auction: Turk Cell team to visit Islamabad for due diligence

Spectrum auction: Turk Cell team to visit Islamabad for due diligence

A meeting of the Spectrum Auction Advisory Committee was held here Wednesday with Federal Finance Minister Mohammad Ishaq Dar the chair, reviewed progress on the spectrum auction. Secretary Information Technology Akhlaq Tarrar informed the committee that
Published 06 Mar, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (March 05, 2014).

Published 06 Mar, 2014 12:00am
Poverty-hit woman strangles her two kids

Poverty-hit woman strangles her two kids

In a heart-breaking incident, a woman strangulated her two minor children on Wednesday after getting frustrated due to poverty. According to the details, the tragic incident took place in Johar Town area of the city.
Published 06 Mar, 2014 12:00am
Poverty-hit woman strangles her two kids

Poverty-hit woman strangles her two kids

In a heart-breaking incident, a woman strangulated her two minor children on Wednesday after getting frustrated due to poverty. According to the details, the tragic incident took place in Johar Town area of the city.
Published 06 Mar, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (March 05, 2014).

Published 06 Mar, 2014 12:00am
Import of lard: LHC seeks reply from FBR

Import of lard: LHC seeks reply from FBR

The Lahore High Court here on Wednesday sought a reply from secretary Federal Board of Revenue in response to a petition against the import of lard into Pakistan. The court after hearing initial arguments, sought a reply from secretary FBR and adjourned t
Published 06 Mar, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (March 05, 2014) and for Thursday (March 06, 2014).
Published 06 Mar, 2014 12:00am
Import of lard: LHC seeks reply from FBR

Import of lard: LHC seeks reply from FBR

The Lahore High Court here on Wednesday sought a reply from secretary Federal Board of Revenue in response to a petition against the import of lard into Pakistan. The court after hearing initial arguments, sought a reply from secretary FBR and adjourned t
Published 06 Mar, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (March 05, 2014).

Published 06 Mar, 2014 12:00am
Import of lard: LHC seeks reply from FBR

Import of lard: LHC seeks reply from FBR

The Lahore High Court here on Wednesday sought a reply from secretary Federal Board of Revenue in response to a petition against the import of lard into Pakistan. The court after hearing initial arguments, sought a reply from secretary FBR and adjourned t
Published 06 Mar, 2014 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 06 Mar, 2014 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 06 Mar, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (March 05, 2014).

Published 06 Mar, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (March 05, 2014).

Published 06 Mar, 2014 12:00am
Eurozone posts strongest business activity in 2.5 years

Eurozone posts strongest business activity in 2.5 years

Business activity in the 18-nation eurozone powered to its strongest growth in 2.5 years, a key survey showed on Wednesday, in a fresh sign that the bloc is pulling out of a crippling downturn. Markit Economics said its Eurozone Composite Purchasing Manag
Published 06 Mar, 2014 12:00am
The Weather

The Weather

The weather forecast is not being published as the Met Office did not update its Website on Wednesday.

Published 06 Mar, 2014 12:00am
Eurozone posts strongest business activity in 2.5 years

Eurozone posts strongest business activity in 2.5 years

Business activity in the 18-nation eurozone powered to its strongest growth in 2.5 years, a key survey showed on Wednesday, in a fresh sign that the bloc is pulling out of a crippling downturn. Markit Economics said its Eurozone Composite Purchasing Manag
Published 06 Mar, 2014 12:00am
Eurozone posts strongest business activity in 2.5 years

Eurozone posts strongest business activity in 2.5 years

Business activity in the 18-nation eurozone powered to its strongest growth in 2.5 years, a key survey showed on Wednesday, in a fresh sign that the bloc is pulling out of a crippling downturn. Markit Economics said its Eurozone Composite Purchasing Manag
Published 06 Mar, 2014 12:00am
Afghanistan eager to provide help for CASA-1000

Afghanistan eager to provide help for CASA-1000

Dr Omar Zakhilwal Minister for Finance, Islamic Republic of Afghanistan on Wednesday made a telephonic call to Federal Minister for Finance, Senator Mohammad Ishaq Dar to discuss progress on various issues between the two countries and to share update on
Published 06 Mar, 2014 12:00am
Afghanistan eager to provide help for CASA-1000

Afghanistan eager to provide help for CASA-1000

Dr Omar Zakhilwal Minister for Finance, Islamic Republic of Afghanistan on Wednesday made a telephonic call to Federal Minister for Finance, Senator Mohammad Ishaq Dar to discuss progress on various issues between the two countries and to share update on
Published 06 Mar, 2014 12:00am
Afghanistan eager to provide help for CASA-1000

Afghanistan eager to provide help for CASA-1000

Dr Omar Zakhilwal Minister for Finance, Islamic Republic of Afghanistan on Wednesday made a telephonic call to Federal Minister for Finance, Senator Mohammad Ishaq Dar to discuss progress on various issues between the two countries and to share update on
Published 06 Mar, 2014 12:00am
US oil falls $2 after Fed says economy slowed

US oil falls $2 after Fed says economy slowed

US oil futures fell by more than $2 on Wednesday, pressured by comments from the US Federal Reserve that economic activity had been impacted by frigid weather in the previous two months. Oil futures on both sides of the Atlantic earlier fell as traders so
Published 06 Mar, 2014 12:00am
LHC takes note of Punjab government ignoring court order

LHC takes note of Punjab government ignoring court order

The LHC on Wednesday taking serious note of ignoring the court order of reinstating the petitioner Muhammad Tanvir an officer of Ministry of Communications lamented the elected government. Earlier, the Deputy Secretary Establishment Division appeared befo
Published 06 Mar, 2014 12:00am
Contribution of tobacco industry: PTC seeks to brief FBR chairman

Contribution of tobacco industry: PTC seeks to brief FBR chairman

Pakistan Tobacco Company Limited (PTC) has approached the Federal Board of Revenue (FBR) to brief FBR Chairman Tariq Bajwa on the economic contribution of the tobacco industry in Pakistan, an attempt to portray a positive image of cigarette manufacturers.
Published 06 Mar, 2014 12:00am
'NESPAK violates PPRA rules in consultancy projects'

'NESPAK violates PPRA rules in consultancy projects'

National Assembly's Public Accounts Committee (PAC) on Wednesday observed that National Engineering Services of Pakistan (NESPAK) had violated the Public Procurement Rules in consultancy projects which were pointed out by Auditor General of Pakistan (AGP)
Published 06 Mar, 2014 12:00am
Two killed in incidents of violence

Two killed in incidents of violence

At least two persons were killed in separate incidents of violence in the city, here on Wednesday. According to police and rescue sources, a body was recovered from Dhobi Guard in Garden area in the remits of Pak Colony police station. The deceased was la
Published 06 Mar, 2014 12:00am
Government utilising all resources to promote Punjab culture: minister

Government utilising all resources to promote Punjab culture: minister

Provincial Minister for Labour and Human Resource, Raja Ashfaq Sarwar has said that gypsies are Pakistani citizens and have a beautiful and colourful culture. He said that Punjab government is utilising all resources for the promotion of culture of Punjab
Published 06 Mar, 2014 12:00am
'Cleanliness Week' being observed in all public sector hospitals

'Cleanliness Week' being observed in all public sector hospitals

A 'Cleanliness Week' will be observed in all public sector teaching hospitals as well as DHQ, THQ hospitals and RHCs from March 10 to 16, 2014. It was decided in a meeting presided over by Chief Secretary Punjab Naveed Akram Cheema. In this connection, Se
Published 06 Mar, 2014 12:00am
IHC's inquiry committee proceedings halted

IHC's inquiry committee proceedings halted

The Islamabad High Court (IHC) on Wednesday halted the proceedings of its inquiry committee constituted to probe the tragic incident of terrorism in District Courts Islamabad till the finalisation of the Supreme Court suo motu proceedings. The IHC committ
Published 06 Mar, 2014 12:00am
Five foreigners held in Kalat

Five foreigners held in Kalat

Five foreigners were arrested by security forces in Kalat district of Balochistan on Wednesday morning. According to the Levies' sources, the five suspects were travelling without identity cards and legal documents to Quetta from Karachi, hence arrested b
Published 06 Mar, 2014 12:00am
Right time to free bureaucracy from corruption, nepotism: CIC KP

Right time to free bureaucracy from corruption, nepotism: CIC KP

Chief Information Commissioner (CIC) Khyber Pakhtunkhwa Sahibzada Muhammad Khalid has said that it is right time for our bureaucracy to be free from political interference, corruption and nepotism, while all necessary steps should be taken for the welfare
Published 06 Mar, 2014 12:00am
Local cement despatches depict 8.7 percent growth

Local cement despatches depict 8.7 percent growth

Local cement despatches during February 2014 were 2.135 million tons that is highest ever in the history, depicting a growth of 8.70 percent compared with corresponding month of last year. Revealing the performance of cement sector, spokesman of All Pakis
Published 06 Mar, 2014 12:00am
Belgium keen to enhance trade with Pakistan: envoy

Belgium keen to enhance trade with Pakistan: envoy

The Belgium Ambassador to Pakistan, Peter Claes has said that his country keen to enhance bilateral trade with Pakistan. At present the volume of bilateral trade is about $1 billion and hopefully it would be further increased in coming days, he added. Add
Published 06 Mar, 2014 12:00am
Spain and Italy rise as European shares steady

Spain and Italy rise as European shares steady

European shares were steady on Wednesday as the United States and Russia planned talks to ease tensions over Ukraine, while Spain and Italy outperformed on fresh signs of an economic rebound in those countries. The pan-European FTSEurofirst 300 index, whi
Published 06 Mar, 2014 12:00am
BoK posts Rs 1.67 billion profit before tax

BoK posts Rs 1.67 billion profit before tax

The Bank of Khyber (BoK) posted Rs 1.67 billion profit before tax (PBT) for the period ended December 31, 2013, showing an increase of 6.2 percent of PBT over the corresponding period of 2012, which was Rs 1.57 billion. This was stated by Imran Samad, Act
Published 06 Mar, 2014 12:00am
BoK posts Rs 1.67 billion profit before tax

BoK posts Rs 1.67 billion profit before tax

The Bank of Khyber (BoK) posted Rs 1.67 billion profit before tax (PBT) for the period ended December 31, 2013, showing an increase of 6.2 percent of PBT over the corresponding period of 2012, which was Rs 1.57 billion. This was stated by Imran Samad, Act
Published 06 Mar, 2014 12:00am
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