Tuesday February 09, 2010 
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 Agriculture & Allied[1-8 of 8 stories]  
 Pakistan   |   World Bangladesh tea prices rise   |   World  

Rains beneficial to crops in Punjab
FAISALABAD (February 09, 2010): The spell of rainfall is in progress for the last two days in Industrial City, which has triggered the intensity of the winter, while late spell of rain will be beneficial for cultivated rain-fed crops in whole Punjab, said the agriculture scientists.



AJK government evolves plan to raise lifestyle of farmers
MIRPUR (February 09, 2010): Azad Jammu & Kashmir government has evolved an integrated plan to raise the lifestyle of the farmers besides opening new vistas of employment in the livestock and dairy sector under the spirit to overcome the unemployment in the liberated territory, official sources said.



SDPI seminar: call to mull over joint watershed management in South Asia
ISLAMABAD (February 09, 2010): Speakers at a seminar on "Water conflict in South Asia and international treaties on environment - analysis and way forward," on Monday called for pondering over the proposal of joint watershed management in South Asia. Director-General Pakistan Environment Protection Agency, Asif Shuja while giving his point of view said that it is time to look into implications of the concept of joint watershed management between India and Pakistan and its impact on environment.



Rains increase river water inflows by 13,000 cusecs
LAHORE (February 09, 2010): Three days of rains in the upper regions of the country have increased daily water inflow in the four rivers of the country by more than 13,000 cusecs, considered by agronomists as the invaluable gift by the nature for the drought-hit wheat and other strategic crops of the country.



Sugar from USC outlets: ECC may make CNIC mandatory for purchase
ISLAMABAD (February 09, 2010): The Ministry of Industries and Production has proposed to Economic Co-ordination Committee (ECC) of the Cabinet to make production of computerised national identity card (CNIC) mandatory for purchase of sugar from Utility Stores outlets. The ECC in its meeting on Tuesday may approve the proposal.



Millers confused over low rate for sugar import
KARACHI (February 09, 2010): The lowest bid for import of 50,000 tons of sugar to the Trading Corporation of Pakistan (TCP) at $723 per ton (C&F) has confused the sugar millers to procure 0.7 million tons sugar to meet sugar crisis. According to Pakistan Sugar Mills Association (PSMA), the international sugar prices soared to $732 per ton, but the offer for 50,000 tons sugar at $723.20 /ton has confused the millers to procure 0.7 million tons sugar in the country.



Poultry conference on February 23
FAISALABAD (February 09, 2010): Faisalabad Poultry Forum and University of Agriculture Faisalabad (UAF) will organise a poultry conference and poultry framers Mela/conference on March 23 at Iqbal Auditorium University of Agriculture Faisalabad. Khalid Mehmood Shouq, PPA leader said that Faisalabad is the third largest city and involvement of more than 2000 poultry experts, farmers, students and other participants make the event a worth seeing.



CSF reiterates commitment to support fisheries sector
ISLAMABAD (February 09, 2010): The Competitiveness Support Fund (CSF), a joint initiative of the Ministry of Finance, and United States Agency for International Development (USAID) would continue its efforts to assist the fisheries sector in Pakistan in 2010. A statement issued here said that the CSF has been assisting Pakistan's fisheries sector since 2007 on request from an Inter-Provincial Consultative Committee (IPCC).



Lowest bid of $723.20 per ton sugar import received
ISLAMABAD (February 08, 2010): The Trading Corporation of Pakistan (TCP) has received the lowest bid of $723.20 per ton for 50,000 tons of white sugar against its first tender for 150,000 tons, but the accompanying bid bond has been established in the shape of a Standby Letter of Credit (SBLC) by Dubai Bank Kenya Ltd in Nairobi for $750,000.



SAB criticises water shortage in Sindh
MIRPURKHAS (February 08, 2010): Vice President, Sindh Abadgar Board (SAB), Mirpurkhas chapter Haji Abdul Ghafoor Maher advocate has strongly criticised the Irrigation authorities for releasing water in Mithrao Canal only for drinking purpose, as a result wheat and other crops cultivated on hundreds of thousands of acres of land would be destroyed.


  

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The Rupee
Interbank closing rates for dollar on Tuesday.
BuyingRs 86.01
SellingRs 86.06
Dollar crosses Rs 86 mark
7481.03  73.24
Sectoral Indices 
Market at Close
BRIndex-30 7,489.56
KSE-30 Index 9,551.50
KSE-100 Index 9,748.14
LSE-25 Index 3,081.39
ISE-10 Index 2,527.85
Gold Per 10gm 33,985.00
KCA Spot Rate 6,400.00
Libor Rate 0.49669
World Indices
Index Closing Chg%
DJIA 10,340.69 1.03
Nasdaq 2,208.89 1.11
S&P 1,091.84 1.15
FTSE 5,407.82 0.60
DAX 6,117.89 0.60
CAC-40 3,643.81 1.11
Nikkei 9,226.00 0.80
H.Seng 21,401.80 0.20
Sensex 18,645.06 0.46
NY Closing
Euro 1.2881
Sterling 1.5346
Swiss Franc 1.0112
Yen 83.7680
Gold 1257.50
Cotton 91.450
Oil 73.84
Economic Indicators
Annual2009/10
Foreign Debt $53.01bn
Per Cap Income $1046
GDP Growth 4.1%
Average CPI 11.73%
MonthlyJuly
Trade Balance $-1.45 bln
Exports $1.78 bln
Imports $3.24 bln
WeeklySeptember 02, 2010
Reserves $16.12 bln
 









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