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Archive - 2011-01-30
India protest against corruption
Asia

India protest against corruption

NEW DELHI: People hold anti-corruption placards while listening to speakers during a march “India against Corruption" in
Published 30 Jan, 2011 09:41am
Thousands escape from Egypt prison
Top News

Thousands escape from Egypt prison

CAIRO : Thousands of prisoners escaped from the Wadi Natrun facility, north of Cairo, a security official said on Sunda
Published 30 Jan, 2011 07:25am
Cyclones to hit flood-weary Australia
Top News

Cyclones to hit flood-weary Australia

SYDNEY : Flood-shattered Australia braced for further downpours on Sunday as two tropical cyclones hammered toward the
Published 30 Jan, 2011 06:31am
10 dead in Philippine fire
Asia

10 dead in Philippine fire

MANILA: Ten people were killed in a huge fire that razed some 100 houses in a poor residential area in the Philippine ca
Published 30 Jan, 2011 05:09am
India courts investment as FDI slides
Top News

India courts investment as FDI slides

NEW DELHI : As India was pitching itself as a hot investment destination at the World Economic Forum in Davos, figures
Published 30 Jan, 2011 05:09am
Maruti third quarter net lags forecast

Maruti third quarter net lags forecast

India's top car maker Maruti Suzuki saw third quarter net profit slip 18 percent as currency volatility, higher royalty payouts and rising input costs weighed on margins, amid growing concerns over a demand slowdown this year. Auto sales in India grew a r
Published 30 Jan, 2011 12:00am
Maruti third quarter net lags forecast

Maruti third quarter net lags forecast

India's top car maker Maruti Suzuki saw third quarter net profit slip 18 percent as currency volatility, higher royalty payouts and rising input costs weighed on margins, amid growing concerns over a demand slowdown this year. Auto sales in India grew a r
Published 30 Jan, 2011 12:00am
Top Arab cleric tells Mubarak to go for Egypt sake

Top Arab cleric tells Mubarak to go for Egypt sake

The Arab world's influential cleric Yusuf al-Qaradawi on Saturday urged Egyptian President Hosni Mubarak to step down for the good of the country, as his ouster was the only solution to Egypt's crisis. The widely respected Sunni Muslim cleric who holds Eg
Published 30 Jan, 2011 12:00am
Looters destroy mummies in Egyptian Museum

Looters destroy mummies in Egyptian Museum

Looters broke into the Egyptian Museum during anti-government protests late on Friday and destroyed two Pharaonic mummies, Egypt's top archaeologist told state television. The museum in central Cairo, which has the world's biggest collection of Pharaonic
Published 30 Jan, 2011 12:00am
Kenyan judicial appointments null and void: Prime Minister

Kenyan judicial appointments null and void: Prime Minister

Kenyan Prime Minister Raila Odinga on Saturday declared the appointment of top judicial figures by the country's president "null and void" because he had not been consulted. President Mwai Kibaki named a new Chief Justice, Attorney General and Director of
Published 30 Jan, 2011 12:00am
African Union accuses ICC prosecutor of bias

African Union accuses ICC prosecutor of bias

African countries support the International Criminal Court (ICC) but its chief prosecutor is guilty of double standards, the chairman of the African Union Commission said on Saturday. Jean Ping's comments came a day after Africa's foreign ministers threw
Published 30 Jan, 2011 12:00am
Egypt unrest causes fuel shortage in Gaza Strip

Egypt unrest causes fuel shortage in Gaza Strip

Gaza Strip residents flocked to petrol stations on Saturday after clashes in neighbouring Egypt hampered smugglers ferrying fuel supplies through tunnels that run under the border into the enclave, witnesses said.
Published 30 Jan, 2011 12:00am
Iran hangs Iranian-Dutch woman

Iran hangs Iranian-Dutch woman

An Iranian-Dutch woman, arrested after taking part in anti-government protests in Iran in 2009, has been hanged for drug smuggling, the semi-official Mehr news agency said on Saturday. "A woman smuggler named Zahra Bahrami, daughter of Ali, has been hange
Published 30 Jan, 2011 12:00am
Protesters rally at Iran's alleged execution of Afghans

Protesters rally at Iran's alleged execution of Afghans

Around a thousand protesters took to the streets of three main Afghanistan cities on Saturday to protest against the alleged execution of Afghan citizens by Iran. The biggest rally was in western Herat, Afghanistan's second city, where about a thousand pe
Published 30 Jan, 2011 12:00am
Flu epidemic shuts Moscow schools

Flu epidemic shuts Moscow schools

Moscow and two other cities shut their schools for a week Saturday and urged children not to play in groups in a bid to stamp out the worst flu outbreak to hit central Russia in more than a decade. The Moscow education department's order covered more than
Published 30 Jan, 2011 12:00am
Tunis shopkeepers turn against protesters

Tunis shopkeepers turn against protesters

Desperate to return to work after weeks of protests brought Tunis to a standstill, shopkeepers armed with sticks and knives guarded the entrance to the covered market on Saturday and pushed back a small gang of protesters. Shopkeepers said they were satis
Published 30 Jan, 2011 12:00am
Churches, mosques burn in Nigeria

Churches, mosques burn in Nigeria

Filling stations, churches and mosques were set ablaze in central Nigeria's city of Jos on Saturday after students were wounded when soldiers opened fire to quell a protest overnight, security officials and students said. Clashes had broken out Friday aft
Published 30 Jan, 2011 12:00am
UK students join unions to protest against cuts

UK students join unions to protest against cuts

Thousands of protesters took to the streets across Britain on Saturday in a new wave of protests against government plans to hike university tuition fees and scrap education grants. The protests in London and Manchester are the first major demonstrations
Published 30 Jan, 2011 12:00am
Woman sentenced for US military sales to China

Woman sentenced for US military sales to China

A woman who managed a Massachusetts electronics company was sentenced on Friday to three years in prison for conspiring over 10 years to export US military equipment to China, US authorities said.
Published 30 Jan, 2011 12:00am
Sri Lankan leader sued in US

Sri Lankan leader sued in US

Members of Sri Lanka's Tamil minority on Friday filed a lawsuit in the United States against the island's president, seeking $30 million in damages over alleged extrajudicial killings. Activists from the Tamil diaspora spearheaded legal action after Presi
Published 30 Jan, 2011 12:00am
Iran demonstrations inspired Arab uprisings: Mousavi

Iran demonstrations inspired Arab uprisings: Mousavi

The demonstrations in Iran after its disputed 2009 presidential election served to inspire the Tunisia uprising and the mass protests in Egypt, opposition leader Mir Hossein Mousavi said on Saturday. "Undoubtedly, the starting point of what we are witness
Published 30 Jan, 2011 12:00am
Obama meets Indian national security advisor

Obama meets Indian national security advisor

President Barack Obama met India's National Security Advisor Shivshankar Menon, who was in town to discuss agreements reached during the US leader's India visit, officials said Saturday. Obama dropped in on a meeting between his own National Security Advi
Published 30 Jan, 2011 12:00am
Jordanians rally against corruption and poverty

Jordanians rally against corruption and poverty

Jordanian activists rallied outside government offices on Saturday as they tried to step up their campaign to force Prime Minister Samir Rifai to step down. Inspired by unrest in Tunisia and elsewhere in the region, about 200 Jordanians gathered outside t
Published 30 Jan, 2011 12:00am
Li distracted by 'excited' Chinese fans

Li distracted by 'excited' Chinese fans

Li Na Saturday complained that excited Chinese fans distracted her during the Australian Open final, when she failed in her attempt to become Asia's first Grand Slam winner. The frustrated Li was incensed after being broken in the second set, and asked th
Published 30 Jan, 2011 12:00am
US doubles pair derail Indian Express

US doubles pair derail Indian Express

American twins Bob and Mike Bryan derailed the Grand Slam comeback of reunited Indian stars Mahesh Bhupathi and Leander Paes to win the Australian Open final on Saturday. The veteran Indians, seeded third and making their Grand Slam return after splitting
Published 30 Jan, 2011 12:00am
Nathan Bracken retires

Nathan Bracken retires

Former Australia pace bowler Nathan Bracken announced his retirement from cricket on Saturday due to a persistent knee injury. The 33-year-old left-armer announced his retirement on his Twitter page on Saturday before he addressed reporters in Sydney.
Published 30 Jan, 2011 12:00am
Japan take record fourth Asian Cup title

Japan take record fourth Asian Cup title

Tadanari Lee scored an extra-time winner as Japan edged Australia 1-0 to win a pulsating Asian Cup final and become the most successful team in the history of the competition. The unmarked substitute sent a stunning left-foot volley past the diving Mark S
Published 30 Jan, 2011 12:00am
ICC dismisses plea to reinstate Eden Gardens

ICC dismisses plea to reinstate Eden Gardens

The International Cricket Council (ICC) has rejected the Indian board's request to keep Eden Gardens in Kolkata as the venue for the World Cup match between India and England on February 27. The governing body has also asked the Board of Control for Crick
Published 30 Jan, 2011 12:00am
Karachi to host PFF Grass Root Referees Course

Karachi to host PFF Grass Root Referees Course

Karachi will be hosting PFF Grass Root Referees Course from February 2-7, 2011 being organised by Sindh Football Association (SFA) with the collaboration of Pakistan Football Federation (PFF). As many as 24 participants from various districts of Sindh and
Published 30 Jan, 2011 12:00am
Hafeez, Afridi lead Pakistan to victory

Hafeez, Afridi lead Pakistan to victory

A maiden century by Mohammad Hafeez and a blistering 65 by Shahid Afridi set up Pakistan for a 43-run win over New Zealand in their one-day cricket international Saturday. The batting heroics, which rescued Pakistan from a disastrous start, were complemen
Published 30 Jan, 2011 12:00am
Sri Lanka lose $125,000 on West Indies series

Sri Lanka lose $125,000 on West Indies series

Sri Lanka Cricket on Saturday said it had lost $125,000 after bad weather forced a one-day series against the visiting West Indies to be rescheduled. The series was due to be played in December but has been postponed to this month and early February, and
Published 30 Jan, 2011 12:00am
2022 World Cup will not be shared, says Bin Hammam

2022 World Cup will not be shared, says Bin Hammam

The 2022 World Cup in Qatar will not be jointly hosted by other Gulf nations as requested by UEFA head Michel Platini, AFC president Mohammed Bin Hammam told reporters on Saturday. Bin Hammam has often appeared frustrated when asked questions about possib
Published 30 Jan, 2011 12:00am
HCBF win in PU Inter-Collegiate championship

HCBF win in PU Inter-Collegiate championship

Punjab University Hailey College of Banking Finance (HCBF) Saturday won the IInd continuous match defeating University Law College team by 6 wickets in PU Inter-Collegiate Cricket Championship. University Law College team batted first and scored 144 runs.
Published 30 Jan, 2011 12:00am
Oil flirts with $100 on strong US data, Egypt unrest

Oil flirts with $100 on strong US data, Egypt unrest

World oil prices rallied close to $100 per barrel on Friday, as traders absorbed impressive fourth-quarter US economic growth and fretted over worsening political turmoil in Egypt. Most other commodity markets also won support this week from news that the
Published 30 Jan, 2011 12:00am
Asian rubber: tyre makers buy on dips

Asian rubber: tyre makers buy on dips

A drop in rubber prices from record highs spurred buying from tyre makers outside of main consumer China which turned to domestic inventories, dealers said on Wednesday. Indonesia's SIR20 grade changed hands late on Tuesday at 251.50 US cents a pound ($5.
Published 30 Jan, 2011 12:00am
Sugar market seen balanced

Sugar market seen balanced

Sugar supply will just cover demand this year and prices will fall by the end of 2011, a Reuters poll showed, although that fine balance could easily be upset by dire weather or logjams at Brazilian ports. Adverse weather in several key producers, which h
Published 30 Jan, 2011 12:00am
'Oil could top $120 in 2011'

'Oil could top $120 in 2011'

Oil should hit $120 a barrel or more this year as the market situation increasingly resembles 2008, with supplies struggling to keep pace with demand, oil tycoon T. Boone Pickens said on Friday. Brent crude in London settled at a 28-month high of $99.42 a
Published 30 Jan, 2011 12:00am
Big Asian rice buys raise spectre of scramble for supply

Big Asian rice buys raise spectre of scramble for supply

Fresh demand for rice in two big Asian countries is sending a worrying signal the region's main staple may join a surge in prices for other grains, worsening Asia's spiralling food inflation. Asian rice traders say aggressive buying in heavily populated I
Published 30 Jan, 2011 12:00am
US soya lower

US soya lower

Chicago Board of Trade soybean futures closed lower on Friday as holders of long positions, nervous about the political crisis in Egypt and what it might mean for exports, exited ahead of the weekend, traders said. Crude oil and gold prices surged on the
Published 30 Jan, 2011 12:00am
US gold rises nearly two percent

US gold rises nearly two percent

Gold posted its biggest gains in eight weeks on Friday, gaining nearly 2 percent as the prospect of unrest in Egypt spreading across the Middle East fuelled a rush of safe-haven buying in the financial markets.
Published 30 Jan, 2011 12:00am
Copper ends up near record

Copper ends up near record

Copper prices closed 1.5 percent away from its record high on Friday, after data showing the US economic expansion picked up in the fourth quarter reaffirmed robust global demand prospects for the industrial metal.
Published 30 Jan, 2011 12:00am
Dollar, franc may hold gains if Egypt worries persist

Dollar, franc may hold gains if Egypt worries persist

The US dollar and Swiss franc are likely to hold gains next week should tensions in Egypt persist, raising concerns about stability in the Middle East and North Africa and increasing investor demand for safer havens.
Published 30 Jan, 2011 12:00am
Speculators raise bets versus dollar in favour of euro

Speculators raise bets versus dollar in favour of euro

Currency speculators increased bets against the US dollar to the most in two months, with bets in favour of the euro at their highest level since early November, Commodity Futures Trading Commission data showed on Friday. The value of the dollar's net sho
Published 30 Jan, 2011 12:00am
South Korean won up for fifth day

South Korean won up for fifth day

The South Korean won edged higher to a more than one-week high against the dollar on Friday, ending local trade higher for a fifth consecutive session on optimism about the economy and fund inflows. The won moved in a narrow range on caution ahead of the
Published 30 Jan, 2011 12:00am
Euribor rates up as inflation focus grows

Euribor rates up as inflation focus grows

Key euro-priced bank-to-bank lending rates rose to an 18-month high on Friday, as excess liquidity dwindled and markets brought forward rate hike expectations following aggressive inflation talk by ECB members. The three-month Euribor rate - traditionally
Published 30 Jan, 2011 12:00am
Egypt unrest pushes Canadian dollar below greenback parity

Egypt unrest pushes Canadian dollar below greenback parity

The Canadian dollar closed below parity with the greenback for the first time in a month on Friday as protests in Egypt sparked a flight to safety across global markets that boosted the US dollar. The currency hit its lowest level in more than a week, fal
Published 30 Jan, 2011 12:00am
Wall Street posts biggest drop in nearly six months

Wall Street posts biggest drop in nearly six months

Stocks suffered their biggest one-day loss in nearly six months on Friday as anti-government rioting in Egypt prompted investors to flee to less risky assets to ride out the turmoil. Increased instability in the Middle East drove up the CBOE Volatility In
Published 30 Jan, 2011 12:00am
Spain, Italy, Greece stocks back in fashion

Spain, Italy, Greece stocks back in fashion

Spanish, Italian and Greek share prices recovered sharply in January, after a dismal 2010 on concerns over sovereign debt problems, with analysts saying Italy offers the safest bet of these euro zone peripherals. Concerns over higher inflation in booming
Published 30 Jan, 2011 12:00am
Italy issues over 8 billion euro bond

Italy issues over 8 billion euro bond

Italy issued over eight billion euros of medium- and long-term bonds at encouragingly low interest rates on Friday, in a sign of easing fears among investors. The Italian treasury sold off a total of 8.148 billion euros of bonds ($11.17 billion), and had
Published 30 Jan, 2011 12:00am
Italy issues over 8 billion euro bond

Italy issues over 8 billion euro bond

Italy issued over eight billion euros of medium- and long-term bonds at encouragingly low interest rates on Friday, in a sign of easing fears among investors. The Italian treasury sold off a total of 8.148 billion euros of bonds ($11.17 billion), and had
Published 30 Jan, 2011 12:00am
US Treasury Outlook: what would get US debt off the range?

US Treasury Outlook: what would get US debt off the range?

With the excitement of a Federal Open Market Committee meeting and $99 billion in new debt sales over for the week, the narrow range for US Treasury yields is coming back into focus. It is a range that has proved quite difficult to break.
Published 30 Jan, 2011 12:00am
US Treasury Outlook: what would get US debt off the range?

US Treasury Outlook: what would get US debt off the range?

With the excitement of a Federal Open Market Committee meeting and $99 billion in new debt sales over for the week, the narrow range for US Treasury yields is coming back into focus. It is a range that has proved quite difficult to break.
Published 30 Jan, 2011 12:00am
South African stocks sink over two percent

South African stocks sink over two percent

South African stocks dropped over 2 percent on Friday with Murray & Roberts among the worst performers after the construction firm warned of a loss. The rand fell more than 1.6 percent to 9-week lows against the dollar, extending earlier losses after
Published 30 Jan, 2011 12:00am
Treasuries higher

Treasuries higher

US Treasuries prices climbed on Friday as unrest in Egypt and stock losses fed demand for safe-haven US government debt. US stocks fell from 29-month highs as investors turned away from riskier assets as Egyptian President Hosni Mubarak sent troops and ar
Published 30 Jan, 2011 12:00am
Treasuries higher

Treasuries higher

US Treasuries prices climbed on Friday as unrest in Egypt and stock losses fed demand for safe-haven US government debt. US stocks fell from 29-month highs as investors turned away from riskier assets as Egyptian President Hosni Mubarak sent troops and ar
Published 30 Jan, 2011 12:00am
Sri Lankan stocks down

Sri Lankan stocks down

Sri Lanka's stock market edged down on Friday for the second straight session on retail profit taking in thin volume as foreign funds continued to exit the overbought and expensive market. The island's main share index closed 0.26 percent or 18.62 points
Published 30 Jan, 2011 12:00am
IPO VIEW: AIG, Ally offerings may crowd out others

IPO VIEW: AIG, Ally offerings may crowd out others

Banks aiming to pay back bailout money to the United States could look to raise capital soon as the government itself plans to sell billions of dollars worth of shares in financial companies. The Treasury Department is planning massive share offerings to
Published 30 Jan, 2011 12:00am
Gold and oil lead Toronto stocks higher

Gold and oil lead Toronto stocks higher

Rising energy and materials shares, spurred by surging oil and gold prices, kept Toronto's main stock index in positive territory on Friday, fending off the selloff that hit stock markets around the world in the wake of the unrest in Egypt.
Published 30 Jan, 2011 12:00am
Indian bond yields flat

Indian bond yields flat

Indian federal bond yields ended steady on Friday as dealers preferred to stay on the sidelines in the absence of fresh triggers, with demand for next week's 100-billion rupee ($2.18 billion) auction eyed for cues. The government had cut the notified amou
Published 30 Jan, 2011 12:00am
Indian bond yields flat

Indian bond yields flat

Indian federal bond yields ended steady on Friday as dealers preferred to stay on the sidelines in the absence of fresh triggers, with demand for next week's 100-billion rupee ($2.18 billion) auction eyed for cues. The government had cut the notified amou
Published 30 Jan, 2011 12:00am
Middle East debt insurance costs rise sharply: Markit

Middle East debt insurance costs rise sharply: Markit

The cost of insuring Middle East and North African debt against default rose sharply on Friday as investors worried about political stability in the region. Egyptians have staged demonstrations against President Hosni Mubarak's 30-year rule, following sim
Published 30 Jan, 2011 12:00am
Middle East debt insurance costs rise sharply: Markit

Middle East debt insurance costs rise sharply: Markit

The cost of insuring Middle East and North African debt against default rose sharply on Friday as investors worried about political stability in the region. Egyptians have staged demonstrations against President Hosni Mubarak's 30-year rule, following sim
Published 30 Jan, 2011 12:00am
Emerging Markets: Latin American stocks slump to nine-week low

Emerging Markets: Latin American stocks slump to nine-week low

Latin American stocks sank to a nine-week low on Friday after riots in Egypt spurred fears of a wider crisis that could drive up oil prices, adding to local inflation concerns in Brazil and Chile. The MSCI Latin American stocks index moved down 2.22 perce
Published 30 Jan, 2011 12:00am
Wheat export premiums steady at US Gulf

Wheat export premiums steady at US Gulf

US wheat export premiums at the US Gulf Coast held steady on Friday in quiet dealings, with the market underpinned by strong demand prospects mostly for high protein wheat such as hard red winter, traders said. Wheat traders monitoring protests in North A
Published 30 Jan, 2011 12:00am
Canadian canola futures weak

Canadian canola futures weak

ICE Canadian canola futures weakened on Friday following US soya futures, which were a shade lower on improving weather in Argentina. Index funds expected to roll 3,000 March contracts to May as normal for end of month-trader. Hedge pressure seen light du
Published 30 Jan, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 98,685 tonnes of cargo including 64,164 tonnes of import cargo, 34,521 tonnes of export cargo, 4,927 loaded and empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 64,164 tonnes compris
Published 30 Jan, 2011 12:00am
Russia's allies may bless low sugar duty in February

Russia's allies may bless low sugar duty in February

The executive commission of the customs union of Russia, Kazakhstan and Belarus may approve a lower raw sugar import tariff at a meeting in February for it to become effective from March, a market source said on Friday. "The tariff is not on the agenda of
Published 30 Jan, 2011 12:00am
Ivorian cocoa arrivals rise 13 percent

Ivorian cocoa arrivals rise 13 percent

Cocoa arrivals in Ivory Coast were up 13 percent from last year's levels as of January 23, according to official figures seen by Reuters for the period just before presidential claimant Alassane Ouattara declared an export ban. For the most recent week, d
Published 30 Jan, 2011 12:00am
Brazil's coffee prices jump as stocks diminish

Brazil's coffee prices jump as stocks diminish

Physical coffee prices rose in Brazil during the week amid brisk trading and were supported by the diminishing supply of higher quality produce, brokers said, while New York futures prices soared on Friday. Trader Carvalhaes based in Brazil's main port ci
Published 30 Jan, 2011 12:00am
Prices move both ways on grain market

Prices move both ways on grain market

Prices moved both ways on the wholesales grain and seed market on Saturday in process of trading, dealers said. On the cereal side wheat old with Bardan quoted at Rs 2640-2645 and wheat new with Bardan was registered at Rs 2655-2660.
Published 30 Jan, 2011 12:00am
Thin business on cotton market due to soaring rates

Thin business on cotton market due to soaring rates

Trading activity was slow on the cotton market on Saturday as prices hit the all-time high level mainly due to sharp rise in the world market and short crop locally, dealers said. The Karachi Cotton Association (KCA) spot rate was unchanged at Rs 10,800,
Published 30 Jan, 2011 12:00am
Oil cake market rates

Oil cake market rates

Mixed trend was witnessed on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The March vaida showed no change at Rs 1237.10 at closing it opened with a gain of 20 paisa at Rs 1237.30. The May contract had closed at R
Published 30 Jan, 2011 12:00am
US Midwest soya and corn steady to higher

US Midwest soya and corn steady to higher

Spot basis bids for corn and soyabeans were mostly steady to a touch higher around the US Midwest on Friday amid muted farmer sales as CBOT soya futures ended lower. CBOT futures closed weaker as holders of long positions, nervous about the political cris
Published 30 Jan, 2011 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 30 Jan, 2011 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 30 Jan, 2011 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (January 29, 2011).
Published 30 Jan, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

All-round gains were seen on the money market on Saturday as the rupee managed to gain versus dollar and euro, dealers said. The rupee was higher by five paisa against dollar for buying at 85.65 and gained three paisa for selling at 85.70, they said.
Published 30 Jan, 2011 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

All-round gains were seen on the money market on Saturday as the rupee managed to gain versus dollar and euro, dealers said. The rupee was higher by five paisa against dollar for buying at 85.65 and gained three paisa for selling at 85.70, they said.
Published 30 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Fertiliser, cement prices undergo phenomenal increases

Fertiliser, cement prices undergo phenomenal increases

The price of 50 kg urea bag increased to Rs 1150.75 on January 27, 2011, which is 41.45 percent higher as compared to Rs 813. 92 of the same period of last year, according to official figures. Official figures of weekly Sensitive Price Indicator (SPI) inf
Published 30 Jan, 2011 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Fertiliser, cement prices undergo phenomenal increases

Fertiliser, cement prices undergo phenomenal increases

The price of 50 kg urea bag increased to Rs 1150.75 on January 27, 2011, which is 41.45 percent higher as compared to Rs 813. 92 of the same period of last year, according to official figures. Official figures of weekly Sensitive Price Indicator (SPI) inf
Published 30 Jan, 2011 12:00am
Fertiliser, cement prices undergo phenomenal increases

Fertiliser, cement prices undergo phenomenal increases

The price of 50 kg urea bag increased to Rs 1150.75 on January 27, 2011, which is 41.45 percent higher as compared to Rs 813. 92 of the same period of last year, according to official figures. Official figures of weekly Sensitive Price Indicator (SPI) inf
Published 30 Jan, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Key policy rate unchanged at 14 percent

Key policy rate unchanged at 14 percent

Following after government's assurance to limit borrowing from the central bank and to create balance between risks to inflation and economic growth, the State Bank of Pakistan on Saturday maintained the key policy rate unchanged at 14 percent for next tw
Published 30 Jan, 2011 12:00am
Key policy rate unchanged at 14 percent

Key policy rate unchanged at 14 percent

Following after government's assurance to limit borrowing from the central bank and to create balance between risks to inflation and economic growth, the State Bank of Pakistan on Saturday maintained the key policy rate unchanged at 14 percent for next tw
Published 30 Jan, 2011 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Key policy rate unchanged at 14 percent

Key policy rate unchanged at 14 percent

Following after government''s assurance to limit borrowing from the central bank and to create balance between risks to inflation and economic growth, the State Bank of Pakistan on Saturday maintained the key policy rate unchanged at 14 percent for next t
Published 30 Jan, 2011 12:00am
Key policy rate unchanged at 14 percent

Key policy rate unchanged at 14 percent

Following after government''''s assurance to limit borrowing from the central bank and to create balance between risks to inflation and economic growth, the State Bank of Pakistan on Saturday maintained the key policy rate unchanged at 14 percent for next
Published 30 Jan, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Current high inflation primary concern

Current high inflation primary concern

The current level of high inflation remains the primary concern for sustainable economic growth, said the State Bank of Pakistan in its monetary policy statement on Saturday. "Its persistence carries risks for macroeconomic stability and increase in uncer
Published 30 Jan, 2011 12:00am
Current high inflation primary concern

Current high inflation primary concern

The current level of high inflation remains the primary concern for sustainable economic growth, said the State Bank of Pakistan in its monetary policy statement on Saturday. "Its persistence carries risks for macroeconomic stability and increase in uncer
Published 30 Jan, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (January 29, 2011) and for Sunday (January 30, 2011).
Published 30 Jan, 2011 12:00am
Current high inflation primary concern

Current high inflation primary concern

The current level of high inflation remains the primary concern for sustainable economic growth, said the State Bank of Pakistan in its monetary policy statement on Saturday. "Its persistence carries risks for macroeconomic stability and increase in uncer
Published 30 Jan, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Pakistan leads South Asia in inflation rate: ECC

Pakistan leads South Asia in inflation rate: ECC

The Economic Co-ordination Committee (ECC) of the Cabinet declared Pakistan as the lead country in South Asia in terms of inflation, followed by neighbour, India. However, Finance Minister Dr Abdul Hafeez Shaikh urged that his Cabinet colleagues should hi
Published 30 Jan, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (January 29, 2011).

Published 30 Jan, 2011 12:00am
Pakistan leads South Asia in inflation rate: ECC

Pakistan leads South Asia in inflation rate: ECC

The Economic Co-ordination Committee (ECC) of the Cabinet declared Pakistan as the lead country in South Asia in terms of inflation, followed by neighbour, India. However, Finance Minister Dr Abdul Hafeez Shaikh urged that his Cabinet colleagues should hi
Published 30 Jan, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (January 29, 2011) and the forecast for Sunday (January 30, 2011).

Published 30 Jan, 2011 12:00am
Pakistan leads South Asia in inflation rate: ECC

Pakistan leads South Asia in inflation rate: ECC

The Economic Co-ordination Committee (ECC) of the Cabinet declared Pakistan as the lead country in South Asia in terms of inflation, followed by neighbour, India. However, Finance Minister Dr Abdul Hafeez Shaikh urged that his Cabinet colleagues should hi
Published 30 Jan, 2011 12:00am
Your rupee last year

Your rupee last year

Following currency fluctuations took place in foreign exchange rates during the last year. (January 02, to December 31, 2010).

Published 30 Jan, 2011 12:00am
Revised target a challenge sans fiscal reforms: SBP

Revised target a challenge sans fiscal reforms: SBP

The State Bank of Pakistan on Saturday said the achievement of revised fiscal deficit target would be a challenge in the absence of fiscal reforms. According to SBP Monetary Policy Statement at the beginning of the fiscal year, the announced fiscal defici
Published 30 Jan, 2011 12:00am
Revised target a challenge sans fiscal reforms: SBP

Revised target a challenge sans fiscal reforms: SBP

The State Bank of Pakistan on Saturday said the achievement of revised fiscal deficit target would be a challenge in the absence of fiscal reforms. According to SBP Monetary Policy Statement at the beginning of the fiscal year, the announced fiscal defici
Published 30 Jan, 2011 12:00am
Revised target a challenge sans fiscal reforms: SBP

Revised target a challenge sans fiscal reforms: SBP

The State Bank of Pakistan on Saturday said the achievement of revised fiscal deficit target would be a challenge in the absence of fiscal reforms. According to SBP Monetary Policy Statement at the beginning of the fiscal year, the announced fiscal defici
Published 30 Jan, 2011 12:00am
Pakistan to sign Tapi gas line agreement on April 30

Pakistan to sign Tapi gas line agreement on April 30

Pakistan will sign Gas Sales/Purchase Agreement (GSPA) on the multibillion dollars Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project on April 30, 2011. "We stand nowhere regarding gas import projects as we have already lost opportunity t
Published 30 Jan, 2011 12:00am
Pakistan to sign Tapi gas line agreement on April 30

Pakistan to sign Tapi gas line agreement on April 30

Pakistan will sign Gas Sales/Purchase Agreement (GSPA) on the multibillion dollars Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project on April 30, 2011. "We stand nowhere regarding gas import projects as we have already lost opportunity t
Published 30 Jan, 2011 12:00am
Pakistan to sign Tapi gas line agreement on April 30

Pakistan to sign Tapi gas line agreement on April 30

Pakistan will sign Gas Sales/Purchase Agreement (GSPA) on the multibillion dollars Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project on April 30, 2011. "We stand nowhere regarding gas import projects as we have already lost opportunity t
Published 30 Jan, 2011 12:00am
Top trading nations set July deadline for Doha deal: EU

Top trading nations set July deadline for Doha deal: EU

Leading trading nations agreed Saturday to conclude negotiations for a free trade deal by July, European Trade Commissioner Karel De Gucht said on the sidelines of the World Economic Forum. "Everybody agreed that we are in the endgame, that we should get
Published 30 Jan, 2011 12:00am
Top trading nations set July deadline for Doha deal: EU

Top trading nations set July deadline for Doha deal: EU

Leading trading nations agreed Saturday to conclude negotiations for a free trade deal by July, European Trade Commissioner Karel De Gucht said on the sidelines of the World Economic Forum. "Everybody agreed that we are in the endgame, that we should get
Published 30 Jan, 2011 12:00am
Top trading nations set July deadline for Doha deal: EU

Top trading nations set July deadline for Doha deal: EU

Leading trading nations agreed Saturday to conclude negotiations for a free trade deal by July, European Trade Commissioner Karel De Gucht said on the sidelines of the World Economic Forum. "Everybody agreed that we are in the endgame, that we should get
Published 30 Jan, 2011 12:00am
Government warned against subsidising POL prices

Government warned against subsidising POL prices

While terming the oil pricing issue as being politicised, a former chairman of Federal Board of Revenue (FBR), Abdullah Yusuf, has warned the government that decision to keep oil prices unchanged despite rising trend in global market would further worsen
Published 30 Jan, 2011 12:00am
Government warned against subsidising POL prices

Government warned against subsidising POL prices

While terming the oil pricing issue as being politicised, a former chairman of Federal Board of Revenue (FBR), Abdullah Yusuf, has warned the government that decision to keep oil prices unchanged despite rising trend in global market would further worsen
Published 30 Jan, 2011 12:00am
Government warned against subsidising POL prices

Government warned against subsidising POL prices

While terming the oil pricing issue as being politicised, a former chairman of Federal Board of Revenue (FBR), Abdullah Yusuf, has warned the government that decision to keep oil prices unchanged despite rising trend in global market would further worsen
Published 30 Jan, 2011 12:00am
Greater autonomy for CCP sought

Greater autonomy for CCP sought

The Planning Commission has proposed strengthening the Competition Commission of Pakistan (CCP) with more autonomy keeping in view the excellent performance of the commission in taking actions against the cartels and companies involved in anti-competitive
Published 30 Jan, 2011 12:00am
Greater autonomy for CCP sought

Greater autonomy for CCP sought

The Planning Commission has proposed strengthening the Competition Commission of Pakistan (CCP) with more autonomy keeping in view the excellent performance of the commission in taking actions against the cartels and companies involved in anti-competitive
Published 30 Jan, 2011 12:00am
Greater autonomy for CCP sought

Greater autonomy for CCP sought

The Planning Commission has proposed strengthening the Competition Commission of Pakistan (CCP) with more autonomy keeping in view the excellent performance of the commission in taking actions against the cartels and companies involved in anti-competitive
Published 30 Jan, 2011 12:00am
US demands 'immediate release' of Davis

US demands 'immediate release' of Davis

The killing of two motorcyclists by Raymond Davis took a new turn Saturday when the US embassy demanded his 'immediate release' claiming he had a 'diplomatic passport' with a valid visa while the Foreign Office in its response has claimed that the visa is
Published 30 Jan, 2011 12:00am
US demands 'immediate release' of Davis

US demands 'immediate release' of Davis

The killing of two motorcyclists by Raymond Davis took a new turn Saturday when the US embassy demanded his 'immediate release' claiming he had a 'diplomatic passport' with a valid visa while the Foreign Office in its response has claimed that the visa is
Published 30 Jan, 2011 12:00am
Munter telephones Nawaz

Munter telephones Nawaz

US Ambassador Cameron Munter on Saturday telephoned PML-N chief Nawaz Sharif and sought his intervention for the release of US Consulate official Raymond Davis. Sources said the US diplomat expressed sorrow over the incident; however, he told the PML-N ch
Published 30 Jan, 2011 12:00am
Munter telephones Nawaz

Munter telephones Nawaz

US Ambassador Cameron Munter on Saturday telephoned PML-N chief Nawaz Sharif and sought his intervention for the release of US Consulate official Raymond Davis. Sources said the US diplomat expressed sorrow over the incident; however, he told the PML-N ch
Published 30 Jan, 2011 12:00am
Afghan transit cargo matters FBR appoints Legal Advisor

Afghan transit cargo matters FBR appoints Legal Advisor

The Federal Board of Revenue (FBR) has appointed Muhammad Irshad as Legal Advisor for providing legal assistance for criminal prosecution, recoveries and legal action in the matters relating to Afghan transit cargo. In this regard, the FBR issued a notifi
Published 30 Jan, 2011 12:00am
Afghan transit cargo matters FBR appoints Legal Advisor

Afghan transit cargo matters FBR appoints Legal Advisor

The Federal Board of Revenue (FBR) has appointed Muhammad Irshad as Legal Advisor for providing legal assistance for criminal prosecution, recoveries and legal action in the matters relating to Afghan transit cargo. In this regard, the FBR issued a notifi
Published 30 Jan, 2011 12:00am
Afghan transit cargo matters FBR appoints Legal Advisor

Afghan transit cargo matters FBR appoints Legal Advisor

The Federal Board of Revenue (FBR) has appointed Muhammad Irshad as Legal Advisor for providing legal assistance for criminal prosecution, recoveries and legal action in the matters relating to Afghan transit cargo. In this regard, the FBR issued a notifi
Published 30 Jan, 2011 12:00am
Trade via Pak-Iran Zero-Point border resumes

Trade via Pak-Iran Zero-Point border resumes

Trade activities via Zero-Point trade gate of Pak-Iran border in border town of Taftan were kicked off once again on Saturday after a period of over six months. Iranian government had closed Zero-Point trade gate on 15th July 2010 after violence erupted i
Published 30 Jan, 2011 12:00am
Trade via Pak-Iran Zero-Point border resumes

Trade via Pak-Iran Zero-Point border resumes

Trade activities via Zero-Point trade gate of Pak-Iran border in border town of Taftan were kicked off once again on Saturday after a period of over six months. Iranian government had closed Zero-Point trade gate on 15th July 2010 after violence erupted i
Published 30 Jan, 2011 12:00am
Trade via Pak-Iran Zero-Point border resumes

Trade via Pak-Iran Zero-Point border resumes

Trade activities via Zero-Point trade gate of Pak-Iran border in border town of Taftan were kicked off once again on Saturday after a period of over six months. Iranian government had closed Zero-Point trade gate on 15th July 2010 after violence erupted i
Published 30 Jan, 2011 12:00am
Ban on pillion riding goes

Ban on pillion riding goes

Ban on pillion riding was rendered ineffective midnight Saturday as the Sindh government issued no notification warranting further extension in the ban, a private TV channel reported. According to the channel, the ban was extended on January 23, 2011 for
Published 30 Jan, 2011 12:00am
Ban on pillion riding goes

Ban on pillion riding goes

Ban on pillion riding was rendered ineffective midnight Saturday as the Sindh government issued no notification warranting further extension in the ban, a private TV channel reported. According to the channel, the ban was extended on January 23, 2011 for
Published 30 Jan, 2011 12:00am
PML-Q wins Shangla by-polls

PML-Q wins Shangla by-polls

Pakistan Muslim League (Quaid) candidate M Rishad Khan emerged victorious in the by-polls for the seat of Khyber Pakhtunkhwa Assembly in Shangla constituency PK 87, Aaj News reported Saturday. According to unofficial results, Rishad bagged 19,130 v
Published 30 Jan, 2011 12:00am
PML-Q wins Shangla by-polls

PML-Q wins Shangla by-polls

Pakistan Muslim League (Quaid) candidate M Rishad Khan emerged victorious in the by-polls for the seat of Khyber Pakhtunkhwa Assembly in Shangla constituency PK 87, Aaj News reported Saturday. According to unofficial results, Rishad bagged 19,130 v
Published 30 Jan, 2011 12:00am
Kandahar deputy governor killed

Kandahar deputy governor killed

The deputy governor of Afghanistan's southern Kandahar province, the spiritual home of the Taliban, was killed by a suicide bomber on Saturday, the provincial chief said. "Deputy governor Abdul Latif Ashna had just left his home and was on his way to his
Published 30 Jan, 2011 12:00am
Kandahar deputy governor killed

Kandahar deputy governor killed

The deputy governor of Afghanistan's southern Kandahar province, the spiritual home of the Taliban, was killed by a suicide bomber on Saturday, the provincial chief said. "Deputy governor Abdul Latif Ashna had just left his home and was on his way to his
Published 30 Jan, 2011 12:00am
Air to air refuelling: PAF gets third aircraft from Ukraine

Air to air refuelling: PAF gets third aircraft from Ukraine

Pakistan Air Force (PAF) has received third air to air refuelling aircraft from Ukraine, which is likely to reach here in the first week of February 2011, sources disclosed. PAF purchased a total of four IL-78P Midas tanker aircraft from Ukraine.
Published 30 Jan, 2011 12:00am
Air to air refuelling: PAF gets third aircraft from Ukraine

Air to air refuelling: PAF gets third aircraft from Ukraine

Pakistan Air Force (PAF) has received third air to air refuelling aircraft from Ukraine, which is likely to reach here in the first week of February 2011, sources disclosed. PAF purchased a total of four IL-78P Midas tanker aircraft from Ukraine.
Published 30 Jan, 2011 12:00am
Variation detected in 2008-09 tax collection

Variation detected in 2008-09 tax collection

The Auditor-General of Pakistan (AGP) has detected variation in indirect tax collections for 2008-09, maintained by the Federal Board of Revenue's (FBR) electronic database and those mentioned in the Year Book (2008-2009) of the FBR.
Published 30 Jan, 2011 12:00am
Variation detected in 2008-09 tax collection

Variation detected in 2008-09 tax collection

The Auditor-General of Pakistan (AGP) has detected variation in indirect tax collections for 2008-09, maintained by the Federal Board of Revenue's (FBR) electronic database and those mentioned in the Year Book (2008-2009) of the FBR.
Published 30 Jan, 2011 12:00am
Variation detected in 2008-09 tax collection

Variation detected in 2008-09 tax collection

The Auditor-General of Pakistan (AGP) has detected variation in indirect tax collections for 2008-09, maintained by the Federal Board of Revenue''s (FBR) electronic database and those mentioned in the Year Book (2008-2009) of the FBR.
Published 30 Jan, 2011 12:00am
Intermediate student charged with blasphemy

Intermediate student charged with blasphemy

A blasphemy case has been registered in the limits of Karachi's Shahrea Noor Jahan police station. According to police sources, Muhammad Samiullah, an intermediate student, was arrested on January 28, 2011, on the complaint of chief controller of intermed
Published 30 Jan, 2011 12:00am
Intermediate student charged with blasphemy

Intermediate student charged with blasphemy

A blasphemy case has been registered in the limits of Karachi's Shahrea Noor Jahan police station. According to police sources, Muhammad Samiullah, an intermediate student, was arrested on January 28, 2011, on the complaint of chief controller of intermed
Published 30 Jan, 2011 12:00am
Upto 20 percent increase in Railways fares from February 1

Upto 20 percent increase in Railways fares from February 1

Pakistan Railways has decided to increase the fares by 10 to 20 percent from February 1, 2011 to meet its operational expenses said General Manager Ishfaq Khattak after attending a high-level official meeting here at Railway Headquarter. He said that this
Published 30 Jan, 2011 12:00am
Upto 20 percent increase in Railways fares from February 1

Upto 20 percent increase in Railways fares from February 1

Pakistan Railways has decided to increase the fares by 10 to 20 percent from February 1, 2011 to meet its operational expenses said General Manager Ishfaq Khattak after attending a high-level official meeting here at Railway Headquarter. He said that this
Published 30 Jan, 2011 12:00am
Upto 20 percent increase in Railways fares from February 1

Upto 20 percent increase in Railways fares from February 1

Pakistan Railways has decided to increase the fares by 10 to 20 percent from February 1, 2011 to meet its operational expenses said General Manager Ishfaq Khattak after attending a high-level official meeting here at Railway Headquarter. He said that this
Published 30 Jan, 2011 12:00am
Pakistan, China signed 16 pacts since 2007

Pakistan, China signed 16 pacts since 2007

As many as 16 agreements were signed between Pakistan and China since 2007. According to information provided to the National Assembly Secretariat, an agreement was signed on establishment of Joint Investment Company between Government of Pakistan and Chi
Published 30 Jan, 2011 12:00am
Pakistan, China signed 16 pacts since 2007

Pakistan, China signed 16 pacts since 2007

As many as 16 agreements were signed between Pakistan and China since 2007. According to information provided to the National Assembly Secretariat, an agreement was signed on establishment of Joint Investment Company between Government of Pakistan and Chi
Published 30 Jan, 2011 12:00am
Pakistan, China signed 16 pacts since 2007

Pakistan, China signed 16 pacts since 2007

As many as 16 agreements were signed between Pakistan and China since 2007. According to information provided to the National Assembly Secretariat, an agreement was signed on establishment of Joint Investment Company between Government of Pakistan and Chi
Published 30 Jan, 2011 12:00am
Kaira rebuts Nawaz's statement on Taseer's assassination

Kaira rebuts Nawaz's statement on Taseer's assassination

Federal Minister for Information and Broadcasting Qamar Zaman Kaira on Saturday expressed surprise on the recent statement of PML-N leader Nawaz Sharif in which he claimed that the Federal Government had wanted to implicate him and his younger brother in
Published 30 Jan, 2011 12:00am
Telephonic contact between MQM leader, Shahzain Bugti

Telephonic contact between MQM leader, Shahzain Bugti

Member Muttahida Qaumi Movement (MQM), Rabita Committee, Yousuf Shahwani had a telephonic contact with Jamhori Watan Party (JWP) leader Shahzain Bugti in Balochistan. Talking to the JWP leader, Yousuf Shahwani noted that every countryman has legal and con
Published 30 Jan, 2011 12:00am
Nine terrorists killed in Mohmand Agency

Nine terrorists killed in Mohmand Agency

Security forces on Saturday engaged militants' positions near Afghan border in tehsil Saafi of Mohmand agency and killed nine more Taliban fighters, official said. The security forces launched an air offensive against terrorists' hideouts in Inzary, Sagi,
Published 30 Jan, 2011 12:00am
Justice Javed's parents' murder: police arrest third accused

Justice Javed's parents' murder: police arrest third accused

CIA Police claimed to have arrested another accused involved in the murder of Justice Javed Iqbal's parents from Letrol Pind, Sialkot, on Saturday. Lahore CIA SP Umer Virk said that during investigation, accused Amin Ali confessed that he along with Navee
Published 30 Jan, 2011 12:00am
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