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Print - 2008-06-10
Euro rides high on rate rise speculation

Euro rides high on rate rise speculation

The euro hit a six-week high versus the dollar and a seven-month peak against the yen on Monday, bolstered by expectations of a European Central Bank rate hike next month. Prospects of such a move were flagged on Thursday when the ECB left policy on hold
Published 10 Jun, 2008 12:00am
Indian rupee drops

Indian rupee drops

The Indian rupee fell sharply on Monday, driven lower by heavy losses in local stocks as a weekend spike in oil prices tripped up Asian markets and fuelled concerns of more equity outflows. The partially convertible rupee ended at 42.87/88 to a dollar, of
Published 10 Jun, 2008 12:00am
Sterling touches 10-day high

Sterling touches 10-day high

Sterling briefly touched a 10-day high against the dollar on Monday after UK factory gate inflation hit a record in May, highlighting the Bank of England's dilemma as it struggles with inflation and slowing economic growth. The Office for National Statist
Published 10 Jun, 2008 12:00am
Most world stock markets to end 2008 in red

Most world stock markets to end 2008 in red

Global stock markets will not be able to overcome a lethal mix of rising inflation and a spill-out from the global credit crisis this year, with most indexes likely to end 2008 with annual losses, a Reuters poll showed.
Published 10 Jun, 2008 12:00am
Credit spreads pare losses on Lehman

Credit spreads pare losses on Lehman

European credit spreads made a recovery on Monday after Lehman Brothers' unveiled plans to boost its capital base by $6 billion, but inflationary fears linked to soaring oil prices meant the market remained jittery. By 1520 GMT, the Markit investment-grad
Published 10 Jun, 2008 12:00am
Credit spreads pare losses on Lehman

Credit spreads pare losses on Lehman

European credit spreads made a recovery on Monday after Lehman Brothers' unveiled plans to boost its capital base by $6 billion, but inflationary fears linked to soaring oil prices meant the market remained jittery. By 1520 GMT, the Markit investment-grad
Published 10 Jun, 2008 12:00am
Monday's midday trade: Dow, S&P 500 gain on oil's drop, McDonald's sales

Monday's midday trade: Dow, S&P 500 gain on oil's drop, McDonald's sales

The Dow and the S&P 500 rose on Monday, helped by a pullback in oil prices, while a report of an increase in home sales helped offset the impact of a big loss forecast by Lehman Brothers Holdings Inc. Higher sales last month at McDonald's Corp also helped
Published 10 Jun, 2008 12:00am
UK's blue chip index falls

UK's blue chip index falls

Britain's blue chip index ended lower on Monday during a choppy session as funding concerns pulled banks down, while US crude oil prices at near-record levels helped support heavyweight oil shares. The FTSE 100 index closed down 29.2 points, or 0.5, perce
Published 10 Jun, 2008 12:00am
New York cotton futures soften

New York cotton futures soften

Cotton futures closed softer Monday on investment sales to wipe out gains from an early run-up caused by worries over hot and dry weather in the key growing area of Texas, brokers said. Analysts said the market's focus will now wait for release of Tuesday
Published 10 Jun, 2008 12:00am
London coffee sinks

London coffee sinks

London robusta futures tumbled almost 3 percent on Monday as concerns over a crop-damaging cold snap approaching Brazil eased against a backdrop of a strengthening dollar and lower crude oil prices. White sugar futures bounced back on firm demand and the
Published 10 Jun, 2008 12:00am
Copper wobbles

Copper wobbles

Copper moved erratically in thin trade on Monday, tracking the dollar with worries about demand from China and the United States haunting the market. Financial markets in Shanghai and Hong Kong were closed and Australian players were also absent due to ma
Published 10 Jun, 2008 12:00am
World oil prices tumble

World oil prices tumble

Oil fell $4 from record highs on Monday on the stronger dollar and profit-taking after surging an unprecedented $16 in the previous two sessions. The slide came after oil jumped nearly $11 on Friday alone as the dollar weakened and on forecasts of falling
Published 10 Jun, 2008 12:00am
Gold rises in London

Gold rises in London

Gold rose to its highest level since late May on Monday as the dollar hit a six-week low against the euro, fuelling buying of the precious metal as a currency hedge. Platinum also posted gains, rising to its highest level in almost two weeks as it tracked
Published 10 Jun, 2008 12:00am
US MIDDAY: coffee drops, cocoa mixed

US MIDDAY: coffee drops, cocoa mixed

Arabica coffee futures on ICE Futures US slid 3.5 percent early on Monday on liquidation, while cocoa futures traded mixed as traders said rollover period is heating up. July arabica contract down 4.70 cents, or 3.5 percent, to $1.3115 per lb at 9:26 am E
Published 10 Jun, 2008 12:00am
US MIDDAY: sugar surges

US MIDDAY: sugar surges

Raw sugar futures on ICE Futures US surged at EDT 1243 GMT on Monday. July contract jumped 0.18 cent to 9.92 cents per lb. Range from 9.74 to 10.01 cents. July contract volume at 11,368 lots.
Published 10 Jun, 2008 12:00am
US MIDDAY: wheat, corn and soya up

US MIDDAY: wheat, corn and soya up

Wheat futures on the Chicago Board of Trade, the Kansas City Board of Trade and the Minneapolis Grain Exchange rallied early on Monday on excessive weekend rains that soaked wheat from the US Midwest to the southern and northern Plains, traders said. Corn
Published 10 Jun, 2008 12:00am
US MIDDAY: copper falls

US MIDDAY: copper falls

US copper futures down early on Monday as investors took their cue from the dollar and crude oil - two fundamental factors set to drive the red metal's near-term price direction, analysts said. Copper for July delivery settled down 1.00 cent at $3.6130 a
Published 10 Jun, 2008 12:00am
US MIDDAY: gold lower

US MIDDAY: gold lower

US gold futures reversed initial gains to trade lower on Monday after the previous session's sharp rally, hurt by a dollar rise and a retreat in crude oil after last week's rally, dealers said. The August gold contract on COMEX division of New York Mercan
Published 10 Jun, 2008 12:00am
Additional charge assigned

Additional charge assigned

Nazar Muhammad Kalhoro, an officer of Ex-PCS (BS-19), Additional Secretary, Criminal Prosecution Service Department, has been assigned the additional charge of the post of Additional Secretary-I, Criminal Prosecution Department in addition to his own duti
Published 10 Jun, 2008 12:00am
Rule of law imperative for development: Memon

Rule of law imperative for development: Memon

Senator Nisar Memon has said that rule of law and supremacy of Constitution is imperative for the development of the country. Talking to Aaj TV, he said that people consider price hike as a major issue. In reply to a question, he said that all part
Published 10 Jun, 2008 12:00am
US Admiral urges persistent, credible naval power

US Admiral urges persistent, credible naval power

The Commander of US Naval Forces, Central Command, Vice Admiral Kevin Cosgriff, emphasised the need for 'fostering relationships with coalition partners such as Pakistan,' while addressing officers at the Pakistan Navy War College here on Monday.
Published 10 Jun, 2008 12:00am
Budget 2008-2009: yearly or monthly?

Budget 2008-2009: yearly or monthly?

Our country's Budget 2008-09 is likely to be announced soon but each and every citizen of Pakistan, in the wake of persistently rocketing price hike, has the right to know, whether this would be a 'yearly or monthly' budget?
Published 10 Jun, 2008 12:00am
Budget 2008-09: agonising anomalies in income tax law

Budget 2008-09: agonising anomalies in income tax law

The Income Tax Ordinance, 2001, which was promulgated in 2001 on the dictates of the foreign donors with tall claims of simplifying tax code, contains a number of anomalies, ambiguities, lacunae and inconsistencies [for detailed review of this badly-draft
Published 10 Jun, 2008 12:00am
A war without a cause

A war without a cause

The mystery as to why President Bush ordered invasion of Iraq has deepened with the release of a US Senate Intelligence Committee report. Was it the Iraqi oil that the United States wanted or may be the invasion was launched at the behest of the American
Published 10 Jun, 2008 12:00am
Summit on the oil price rise

Summit on the oil price rise

The G-8, comprising the 8 most industrialised nations of the world, plus 3 (including the remaining three major oil guzzlers of the world namely China, India and South Korea), met in Aomori, Japan to deliberate on a common strategy to deal with the oil cr
Published 10 Jun, 2008 12:00am
Soomro and Jamali felicitate Shahbaz

Soomro and Jamali felicitate Shahbaz

Chairman Senate Mohammedmian Soomro and Deputy Chairman Jan Mohammad Khan Jamali have felicitated Mian Muhammad Shahbaz Sharif on his unopposed election as the Chief Minister Punjab. They hoped that the province would take rapid strides on road to develop
Published 10 Jun, 2008 12:00am
Special cell formed to monitor lawyers' long march

Special cell formed to monitor lawyers' long march

Government established a special cell in Ministry of Interior to monitor the Lawyers' Long March and make sure the foolproof security arrangements all over the country.
Published 10 Jun, 2008 12:00am
Labour ministry to modernise working pattern

Labour ministry to modernise working pattern

Ministry of Labour and Manpower has worked out a plan to upkeep record on the country's workforce in line with modern requirements by introducing a comprehensive database.
Published 10 Jun, 2008 12:00am
Honorary consuls' term renewal sought

Honorary consuls' term renewal sought

The Ministry of Foreign Affairs has asked all foreign diplomatic missions and honorary consulates in Pakistan to get the appointment of their honorary consuls renewed/extended from their respective countries for another five-year term.
Published 10 Jun, 2008 12:00am
Haqqani renews Pakistan's pledge to end terrorism

Haqqani renews Pakistan's pledge to end terrorism

Pakistan Ambassador to the United States Hussain Haqqani has reaffirmed Pakistan's commitment to eliminate terrorism in all its forms from the region by formulating a new strategy as earlier strategy has failed.
Published 10 Jun, 2008 12:00am
Governor visits PITE, ATI to review training facilities

Governor visits PITE, ATI to review training facilities

NWFP Governor Owais Ahmed Ghani inspected the Provincial Institute for Teachers Education (PITE) at Charsadda Road and the Agricultural Training Institute (ATI), Jamrud Road, Peshawar respectively on Monday and reviewed the training and educational facili
Published 10 Jun, 2008 12:00am
Few options for pro-poor budget

Few options for pro-poor budget

Efforts by the new government to help the poor in its first budget to be announced this week are being constrained by the need to tackle yawning deficits and slash subsidies, analysts said on Monday. "Since this is a political government, the focus will b
Published 10 Jun, 2008 12:00am
Few options for pro-poor budget

Few options for pro-poor budget

Efforts by the new government to help the poor in its first budget to be announced this week are being constrained by the need to tackle yawning deficits and slash subsidies, analysts said on Monday. "Since this is a political government, the focus will b
Published 10 Jun, 2008 12:00am
Post-harvest techniques to improve fruit and vegetable quality

Post-harvest techniques to improve fruit and vegetable quality

Chairman, Pakistan Agriculture Research Council (Parc) Dr M E Tusneem has said that post-harvest techniques will radically improve quality of fruit, vegetables and ensure safety. This, he stated while addressing the concluding session of the 6-day trainin
Published 10 Jun, 2008 12:00am
'PPP and PML-N coalition to continue for sake of democracy'

'PPP and PML-N coalition to continue for sake of democracy'

Pakistan Muslim League-N Spokesman Ahsan Iqbal said that there is a lot of difference in the situation of 1988 and the present one, as now both the parties have jointly struggled against dictatorship during the past eight years.
Published 10 Jun, 2008 12:00am
Rural uplift planning, management training starts today

Rural uplift planning, management training starts today

National Centre for Rural Development (NCRD) in collaboration with Centre on Integrated Rural Development for Asia and the Pacific (Cirdap) would hold four-day regional training programme on "Participatory Techniques for Planning and Management of Rural D
Published 10 Jun, 2008 12:00am
Wasa launches crash programme

Wasa launches crash programme

Water and Sanitation Authority Managing Director Dr Javed Iqbal has said the crash programme launched by the Water and Sanitation Agency for desilting of eight major drains of the city is being carried out by Wasa.
Published 10 Jun, 2008 12:00am
Breakthrough achieved in embryo transfer technology

Breakthrough achieved in embryo transfer technology

The Buffalo Research Institute in Pattoki has claimed to achieve an unprecedented breakthrough in the embryo transfer technology. While, disclosing the details to press on Monday, Livestock Department spokesman, Dr Asrar Hussain said the embryo was recove
Published 10 Jun, 2008 12:00am
SHRDC to hold skill development training courses

SHRDC to hold skill development training courses

South Asian Association for Regional Co-operation (Saarc)'s regional institution, Saarc Human Resource Development Centre (SHRDC) will organise a three-week training course on 'Skill Development and Vocational Training'.
Published 10 Jun, 2008 12:00am
LDA officers urged to perform duty with dedication

LDA officers urged to perform duty with dedication

Lahore Development Authority (LDA) Director General Irfan Ali has urged all the officers of his department for adopting a friendly attitude with the visiting public and performs official duties with honesty and dedication with a view to earning goodwill f
Published 10 Jun, 2008 12:00am
MTA felicitates

MTA felicitates

Members of the Muslim Traders Alliance (MTA) and the Lahore Retailers and General Merchants Association (LRGMA) have felicitated Pakistan Muslim League-Nawaz (PLM-N)'s President, Shahbaz Sharif, on assuming the office of the chief minister.
Published 10 Jun, 2008 12:00am
Lahore business community felicitates Shahbaz Sharif

Lahore business community felicitates Shahbaz Sharif

The business community of Lahore has congratulated Shahbaz Sharif on his unopposed election as Punjab chief minister after he secured a vote of confidence with a thumping majority on Monday. Office holders of the Lahore Chamber of Commerce and Industry, i
Published 10 Jun, 2008 12:00am
Government urged to resolve judiciary crisis

Government urged to resolve judiciary crisis

The judicial crisis should end as it is damaging the image and economy of the country. This was stated by Muhammad Ijaz Abbasi, President of Islamabad Chamber of Commerce and Industry, in a meeting at ICCI here on Monday. He said that the current unstable
Published 10 Jun, 2008 12:00am
Transfers banned

Transfers banned

The Punjab government has banned transfers in the Provincial Co-operatives Department (PPD) and the Punjab Provincial Co-operative Bank Limited (PPCBL). Punjab Co-operative Bank Registrar, Malik Hassan Iqbal, has ordered implementation of the decision.
Published 10 Jun, 2008 12:00am
All set to welcome long march participants: PML-N

All set to welcome long march participants: PML-N

The Pakistan Muslim League-Nawaz has finalised all the arrangements to accord rousing reception to the participants of lawyers' long march who are expected to reach the provincial metropolis between the night of June 10 and 11, said PML-N leader Khawaja S
Published 10 Jun, 2008 12:00am
Shahbaz gets vote of confidence

Shahbaz gets vote of confidence

Punjab Chief Minister Shahbaz Sharif on Monday secured a vote of confidence from the Punjab Assembly with a thumping majority amid boycott of the opposition members. The session, chaired by Speaker Rana Mohammed Iqbal, started at around 11:30 pm, one hour
Published 10 Jun, 2008 12:00am
CAA to hold moot on bird-related incidents on June 17

CAA to hold moot on bird-related incidents on June 17

The Civil Aviation Authority (CAA), Lahore, will hold a one-day coordination conference at the Allama Iqbal International Airport here on June, 17 to discuss the problems of environmental pollution at the airport caused by birds. A CAA spokesman disclosed
Published 10 Jun, 2008 12:00am
'Knowledge of people in rural areas should not be underestimated'

'Knowledge of people in rural areas should not be underestimated'

Professor Emeritus Simon Fraser University, Burnaby, BC Canada Professor Mahmood Hasan Khan said the relationship between the support and the community organisations is based on a reciprocal obligation and the sustainability of this relationship depends o
Published 10 Jun, 2008 12:00am
Election petition

Election petition

A Lahore High Court full bench has referred an election petition, filed by Intizar Hussain Bhatti challenging a decision by a returning officer, to the chief justice to send the case to another bench since bench member Justice Ehsan Bohan refused to hear
Published 10 Jun, 2008 12:00am
LHC issues notices in election petition

LHC issues notices in election petition

The Lahore High Court has issued notices in a petition filed by Chaudhry Khush Akhtar Sobhani challenging a decision by the Sialkot PP-121 returning officer allowing Rana Arif Iqbal to contest the elections. Sobhani argued that Iqbal was a civil servant w
Published 10 Jun, 2008 12:00am
LHC sets aside chief minister's orders

LHC sets aside chief minister's orders

The Lahore High Court set aside the chief minister's orders relaxing rules for sending a SST teacher Isharat Fatima from LDA school on deputation and permanent his service as Assistant Director (community development).
Published 10 Jun, 2008 12:00am
AJP procures over 1,450 computers for automation of courts

AJP procures over 1,450 computers for automation of courts

Under Access to Justice Programme (AJP) over 1,450 modern computers have been procured for their installation in the courts all around the country According to a press release from the AJP "Over 1450 computers have been procured after an international bid
Published 10 Jun, 2008 12:00am
IHC dismisses petition over alleged Kalabagh Dam project shelving

IHC dismisses petition over alleged Kalabagh Dam project shelving

The Islamabad High Court (IHC) here on Monday dismissed a writ petition over alleged shelving of Kalabagh Dam Project (KBD) and the possible diversion of its funds to other projects. It dismissed the writ petition by citing reason of Islamabad High Court'
Published 10 Jun, 2008 12:00am
Three tour operators' licenses cancelled

Three tour operators' licenses cancelled

Department of Tourist Services has cancelled the licenses of three tour operators for their failure to comply with rules and regulations. The tourism operators were: Sky Miles Travel and Tours, Islamabad, Travel Life, Rawalpindi and Saiban International (
Published 10 Jun, 2008 12:00am
RCCI for big dams construction in fiscal year 2009

RCCI for big dams construction in fiscal year 2009

The Rawalpindi Chamber of Commerce and Industry (RCCI) has called upon the federal government to make sure the sufficient allocations for construction of big dams in next fiscal to address the water and energy shortage.
Published 10 Jun, 2008 12:00am
IIU observes fourth anniversary of its House Radio

IIU observes fourth anniversary of its House Radio

International Islamic University (IIU) Islamabad celebrated the 4th anniversary of its House Radio FM 90.6, here on Monday. The ceremony was attended by anchorperson Hamid Mir, Zakir Mohammad Johar, Director Iqbal International Institute of Research and D
Published 10 Jun, 2008 12:00am
The Weather

The Weather

The weather report on Monday (June 09, 2008) and the forecast for Tuesday (June 10, 2008).
Published 10 Jun, 2008 12:00am
PTUF decides to mark budget day as black day

PTUF decides to mark budget day as black day

Pakistan Teachers United Front (PTUF) has demanded the government to accept their 12-point charter of demand otherwise they would start 'Jail Bharo Tehreek', moreover, PTUF has decided to observe the day when federal budget will be presented as black day.
Published 10 Jun, 2008 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 10 Jun, 2008 12:00am
Second phase of intermediate exams from today

Second phase of intermediate exams from today

The second phase of the Intermediate Annual Examinations 2008 of the Board of Intermediate Education Karachi (BIEK) will begin from Tuesday (June 10). This was announced by the Chairman of the BIEK, Anwar Ahmed Zai, on Monday.
Published 10 Jun, 2008 12:00am
Irshad Hussain new IGP Balochistan

Irshad Hussain new IGP Balochistan

The government has appointed Syed Irshad Hussain as new Inspector General of Police Balochistan. According to sources, former IGP Balochistan Saud Gohar was transferred due the increasing incidents of target killings and bad law and order situation in the
Published 10 Jun, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (June 09, 2008).

Published 10 Jun, 2008 12:00am
Peace accord with local Taliban very much intact: ANP

Peace accord with local Taliban very much intact: ANP

NWFP Minister for Information and Inter Provincial Coordination, Mian Iftikhar Hussain, has said that the agreement inked between government and local Taliban is intact and both the parties are honouring their commitments till date.
Published 10 Jun, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (June 09, 2008) and for Tuesday (June 10, 2008).
Published 10 Jun, 2008 12:00am
Workshop on SME cluster development

Workshop on SME cluster development

The United Nations Industrial Development Organisation (UNIDO), Trade Development Authority of Pakistan (TDAP) and Sialkot Chamber of Commerce and Industry (SCCI) are jointly holding one day workshop on SME Cluster Development in Sialkot at SCCI on June 1
Published 10 Jun, 2008 12:00am
Two cops killed, seven injured in road mishap

Two cops killed, seven injured in road mishap

Two police constables were killed, while seven injured including SHO Police Station Brana Jhang near Chak 425-GB, about 45km from here last night when a car and police van collided with a truck, which was parked in the middle of the road.
Published 10 Jun, 2008 12:00am
26 die of heatstroke

26 die of heatstroke

Thirteen people have died of heatstroke in southern Punjab in 24 hours since Sunday, according to health authorities. Executive District Officer (Health) Dr Javed Hassan Ajmi said on Monday. "At least 26 people have so far died of heat stroke in southern
Published 10 Jun, 2008 12:00am
Unicef approves $28.683 million grant for Pakistan

Unicef approves $28.683 million grant for Pakistan

The Executive Board of the United Nations Children's Fund (Unicef) in its annual meeting held in New York, United States last week unanimously approved a grant of $28.683 million for year 2009-2010 for health sector in Pakistan. The $28.683 million grant
Published 10 Jun, 2008 12:00am
Poverty-hit families: Rs 100 billion must be provided to give relief

Poverty-hit families: Rs 100 billion must be provided to give relief

Speakers at a roundtable organised by Pakistan Institute of National Affairs (Pina) here called upon the government that general public should be given top priority in the forthcoming budget proposals and the national resources be spent on the well-being
Published 10 Jun, 2008 12:00am
Security tightened ahead of lawyers' long march

Security tightened ahead of lawyers' long march

Strict security measures have been taken ahead of lawyers' long march in Multan. Police officials told that 400 policemen have been deployed along with plain clothed officials on the route of the long march. Police was also deployed at all the squares of
Published 10 Jun, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (June 09, 2008).

Published 10 Jun, 2008 12:00am
Textile sector: PTEA demands new tariff for power, gas

Textile sector: PTEA demands new tariff for power, gas

Pakistan Textile Exporters Association (PTEA) have demanded that the Research and Development (R&D) facility should be allowed to eligible sectors across the board as it is without any link with export volume. Tahir Ishaque Bharara, Chairman PTEA talking
Published 10 Jun, 2008 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (June 09, 2008).

Published 10 Jun, 2008 12:00am
Long march not aimed at destabilising government: lawyers

Long march not aimed at destabilising government: lawyers

Leaders of Pakistan lawyers' movement on Monday said that purpose of long march is not to destabilise the government but only to mount pressure for restoration of the deposed judges. They assured that the lawyers' long march would be "completely peaceful"
Published 10 Jun, 2008 12:00am
Arrangements finalised for anti-polio drive

Arrangements finalised for anti-polio drive

Arrangements have been finalised for administering polio drops to children up to the age of five in Bajaur Agency during the three day vaccination campaign starting from Tuesday (today). During the vaccination campaign, a total of 212,000 children will be
Published 10 Jun, 2008 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (June 09, 2008).

Published 10 Jun, 2008 12:00am
Pakistan's first GJTMC established in Karachi

Pakistan's first GJTMC established in Karachi

The Pakistan Gems and Jewellery Development Company (PGJDC) has established country's first Gems and Jewellery Training and Manufacturing Centre (GJTMC) in Saddar Town, Karachi. A PGJDC announcement said on Monday that the establishment of GJTMC was the r
Published 10 Jun, 2008 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (June 09, 2008).

Published 10 Jun, 2008 12:00am
Minister hints at appointing honorary wildlife wardens

Minister hints at appointing honorary wildlife wardens

Sindh Minister for Wildlife Dr Daya Ram Essurani has said that persons having love and affection for the wildlife of Sindh would be appointed as honorary district wardens in all the districts of the province.
Published 10 Jun, 2008 12:00am