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Archive - 2011-02-27
Qureshi gets warm welcome in Sindh
Top News

Qureshi gets warm welcome in Sindh

SINDH: Ex-foreign minister Shah Mehmood Qureshi was given a warm welcome at Ghari Khuda Bux Bhutto here on Sunday, where
Published 27 Feb, 2011 06:01pm
Karzai to visit Britain this week
Top News

Karzai to visit Britain this week

KABUL: Afghan President Hamid Karzai travels to Britain Monday for a two-day visit to meet Prime Minister David Cameron
Published 27 Feb, 2011 04:06pm
New clashes erupt in Tunisia protests
Top News

New clashes erupt in Tunisia protests

TUNIS: Security forces and anti-government protesters clashed in the Tunisian capital Sunday, with police firing tear
Published 27 Feb, 2011 01:23pm
Saudi activists call for major reforms
Top News

Saudi activists call for major reforms

RIYADH: More than 100 Saudi academics, activists and businessmen have called for major reforms including the establish
Published 27 Feb, 2011 01:06pm
Saleh vows to resist Yemen protests
Top News

Saleh vows to resist Yemen protests

SANAA: Yemen President Ali Abdullah Saleh vowed Sunday to defend his three-decade regime "with every drop of blood", acc
Published 27 Feb, 2011 12:03pm
Challenges for PPP increased in Punjab
Top News

Challenges for PPP increased in Punjab

WAZIRABAD: Federal Minister for Information and Broadcastiong Dr Firdous Ashiq Awan has said that the responsibilities o
Published 27 Feb, 2011 11:24am
Pakistan ignored on Chinese advice
Top News

Pakistan ignored on Chinese advice

KARACHI : Pakistan did not caution on Chinese advice to concentrate on economic growth and improve social harmony in t
Published 27 Feb, 2011 10:59am
Bombs kill 10 Afghans in dogfight
Top News

Bombs kill 10 Afghans in dogfight

ARGHANDAB: Two bomb explosions on Sunday tore through a crowd of villagers watching a dogfight in the southern Afghanist
Published 27 Feb, 2011 10:15am
Punjab gas crisis intentional
Top News

Punjab gas crisis intentional

LAHORE: Speaking to the media on Sunday, Chief Minister Punjab Shahbaz Sharif said that the Charter of Democracy has bee
Published 27 Feb, 2011 09:50am
Indian police kill six Maoists
Asia

Indian police kill six Maoists

PATNA: Indian security forces killed six suspected Maoist guerrillas in a gunfight in the eastern state of Bihar during
Published 27 Feb, 2011 09:42am
Central bank paints bleak picture of Italian economy

Central bank paints bleak picture of Italian economy

Italy's economy needs a "legislative overhaul" to end 15 years of sluggish growth that have left young people with incomes below their levels in the 1980s, central bank governor Mario Draghi said on Saturday. Draghi, a favourite to succeed Jean-Claude Tri
Published 27 Feb, 2011 12:00am
Parliament passes key bank capital measure

Parliament passes key bank capital measure

The Italian parliament approved on Saturday a package of measures which include new rules that would benefit banks by allowing them to treat deferred tax assets as capital. The so-called "Milleproroghe" package - an annual catch-all decree which extends t
Published 27 Feb, 2011 12:00am
NALCO chairman held in bribery case

NALCO chairman held in bribery case

India's federal police has arrested the chairman of state-run National Aluminium Co Ltd (NALCO) for bribery, adding headache to a government already under fire for corruption scandals. NALCO is the country's third-largest producer of aluminium. The Congre
Published 27 Feb, 2011 12:00am
Judge approves Countrywide settlement

Judge approves Countrywide settlement

A federal judge in Los Angeles on Friday approved a $601.5 million settlement of a class-action suit against Countrywide Financial Corp, one of the largest class-action settlements stemming from the subprime mortgage crisis, a lawyer for the plaintiffs sa
Published 27 Feb, 2011 12:00am
With $38 billion cash, Warren Buffett looking for deals

With $38 billion cash, Warren Buffett looking for deals

Warren Buffett is looking for acquisitions as an outlet to deploy his $38 billion cash pile, the legendary investor said in his annual letter to Berkshire Hathaway Inc shareholders on Saturday. Buffett gave an aggressive earnings forecast for Berkshire's
Published 27 Feb, 2011 12:00am
Obama urges Congress to avoid US budget gridlock

Obama urges Congress to avoid US budget gridlock

US President Barack Obama on Saturday urged Congress to find "common ground" to prevent a damaging government shutdown, as Republicans and Democrats edged toward a compromise to keep federal money flowing. "Next week, Congress will focus on a short-term b
Published 27 Feb, 2011 12:00am
Chinese FX chief says hard to invest in commodities

Chinese FX chief says hard to invest in commodities

China cannot invest much of its foreign currency riches in the global commodities market, because doing so would only push up the prices of the raw materials that the economy depends on, the country's top money manager said on Saturday. Yi Gang, head of t
Published 27 Feb, 2011 12:00am
Zuma launches state-owned mining firm

Zuma launches state-owned mining firm

South African President Jacob Zuma on Saturday launched a state-owned mining company in a move to ensure greater state involvement in the economically vital sector. Zuma said the African Exploration Mining and Finance Corporation, currently a subsidiary o
Published 27 Feb, 2011 12:00am
European refiners' short-term crude needs covered: IEA

European refiners' short-term crude needs covered: IEA

European refiners threatened by a Libyan crude supply shortfall have covered their operational needs well into March, the International Energy Agency said on Friday, reiterating there was no need for an immediate strategic stock release. Violent revolt in
Published 27 Feb, 2011 12:00am
China increases holdings in Japanese firms

China increases holdings in Japanese firms

Chinese state funds used third parties to more than double their investment in Japanese blue chip companies last year, taking their combined holding to about $19.5 billion, a report said Friday. China Investment Corp, the country's $300 billion sovereign
Published 27 Feb, 2011 12:00am
Brazil primary surplus widens

Brazil primary surplus widens

Brazil's primary budget surplus edged wider in January, the central bank said on Friday, putting the administration of President Dilma Rousseff on a slow path to healthier public accounts. The consolidated primary surplus, or excess of revenue over expens
Published 27 Feb, 2011 12:00am
Deutsche Telekom posts heavy fourth quarter net loss

Deutsche Telekom posts heavy fourth quarter net loss

German telecommunications giant Deutsche Telekom released 2010 earnings on Friday that were basically in line with forecasts and gave a stable outlook for this year, despite a heavy fourth quarter loss. Depreciation costs, a new Hungarian tax and charges
Published 27 Feb, 2011 12:00am
Deutsche Telekom posts heavy fourth quarter net loss

Deutsche Telekom posts heavy fourth quarter net loss

German telecommunications giant Deutsche Telekom released 2010 earnings on Friday that were basically in line with forecasts and gave a stable outlook for this year, despite a heavy fourth quarter loss. Depreciation costs, a new Hungarian tax and charges
Published 27 Feb, 2011 12:00am
Foreign purchases of Mexican debt triple in 2010

Foreign purchases of Mexican debt triple in 2010

Foreigners tripled their purchases of Mexican debt last year, investing $24 billion as low interest rates in wealthy nations made Mexican securities more attractive, central bank data showed on Friday. The torrent of cash helped lift Mexico's peso currenc
Published 27 Feb, 2011 12:00am
China to invest $2.5 billion in Iran oilfield

China to invest $2.5 billion in Iran oilfield

China is to invest $2.5 billion (1.81 billion euros) in developing Iran's South Azadegan oilfield that straddles the border with Iraq, Iranian news agency Mehr reported Friday. "According to the final agreement, China will invest $2.5 billion in the field
Published 27 Feb, 2011 12:00am
Chile approves Batista's $4.4 billion power plant

Chile approves Batista's $4.4 billion power plant

Chile on Friday gave the green light for the $4.4 billion coal-fired Castilla thermal power plant planned by Brazilian billionaire Eike Batista, saying it had approved its environmental study. The approval comes amid a drought-induced energy squeeze that
Published 27 Feb, 2011 12:00am
Argentine soya crops lifted by scattered showers

Argentine soya crops lifted by scattered showers

Scattered showers in Argentine soya-growing regions further improved the condition of oilseed crops hit by severe dryness earlier this year, the Agriculture Ministry said on Friday in its weekly report. Argentina is the world's No 3 exporter of soyabeans
Published 27 Feb, 2011 12:00am
US Midwest corn and soya bids mostly steady

US Midwest corn and soya bids mostly steady

Cash basis bids for corn and soyabeans were mostly steady in the US Midwest on Friday amid a slight pickup in farmer sales after CBOT futures rose early in the session, dealers said. Corn, soyabeans and soyaoil held strong through the close of trading aft
Published 27 Feb, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 98,998 tonnes of cargo including 80,199 tonnes of import cargo, 18,799 tonnes of export cargo and 2,462 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 80,199 tonnes compri
Published 27 Feb, 2011 12:00am
Indonesia buys 150,000 tonnes of Australian milling wheat

Indonesia buys 150,000 tonnes of Australian milling wheat

Indonesian flour mills bought 150,000 tonnes of Australia milling wheat this week for April-May shipment, while most Asian grain buyers stayed on the sidelines, expecting prices to decline further following losses in the US futures market. US wheat prices
Published 27 Feb, 2011 12:00am
Canadian canola futures higher

Canadian canola futures higher

ICE Canadian canola futures ended higher on Friday, paring its third straight weekly loss on spillover strength from US grains and soya that rose to daily trading limits. Nearby canola contract posts 1.9 percent weekly decline after volatile week in which
Published 27 Feb, 2011 12:00am
Russia to import just one million tonnes of grain this year

Russia to import just one million tonnes of grain this year

Russia could import just 1 million tonnes of grain this year, a third of what the government predicted, mostly to stave off a feed crisis in the livestock industry, a top analyst and lobbyist said on Friday. Russia's government said the country was likely
Published 27 Feb, 2011 12:00am
Corn export premiums steady at US Gulf Coast

Corn export premiums steady at US Gulf Coast

Corn export premiums at the US Gulf Coast held steady on Friday as a nearly 4 percent surge in futures prices chilled demand, traders said. Net corn export sales last week totalled 1.5 million tonnes for old-crop, about twice the weekly pace needed to mee
Published 27 Feb, 2011 12:00am
Rapeseed prices lower on grain market

Rapeseed prices lower on grain market

Modest trading was seen on the wholesales grain and seed market on Saturday amid steady arrivals from upcountry centres, dealers said. On the seed side, rapeseeds Nawabshah fell sharply by Rs 500 to Rs 2000-2050, rapeseeds Mirpurlane shed Rs 50 to Rs 2150
Published 27 Feb, 2011 12:00am
Ceylon raw rubber up on Jodia Bazar

Ceylon raw rubber up on Jodia Bazar

The trading in Ceylon raw rubber closed higher on Jodia Bazar here on Saturday. The following changes were noted.
Published 27 Feb, 2011 12:00am
Moderate business in low quality seen on cotton market

Moderate business in low quality seen on cotton market

Moderate business was seen on the cotton market on Saturday as the ginners adopted flexible attitude to dispose off low quality cotton, dealers said. Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 11800, they said. Phutti prices i
Published 27 Feb, 2011 12:00am
Oil cake market rates

Oil cake market rates

Futures were higher on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The March vaida that had closed at Rs 1238.60 opened with a gain of 30 paisa at Rs 1238.90. The May contract which closed at Rs 1319.60 commenced
Published 27 Feb, 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 27 Feb, 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 27 Feb, 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 (February 26, 2011).

Published 27 Feb, 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 (February 26, 2011).

Published 27 Feb, 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 (February 26, 2011).

Published 27 Feb, 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 (February 26, 2011).

Published 27 Feb, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (February 26, 2011).
Published 27 Feb, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (February 26, 2011).

Published 27 Feb, 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 (February 26, 2011).

Published 27 Feb, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (February 26, 2011).

Published 27 Feb, 2011 12:00am
THE RUPEE: dollar sharply up

THE RUPEE: dollar sharply up

The rupee drifted lower against dollar, it, however, appreciated versus euro on the currency market on Saturday, dealers said. The rupee fell by 30 paisa in relation to dollar for buying and selling at 85.65 and 85.70, they said.
Published 27 Feb, 2011 12:00am
THE RUPEE: dollar sharply up

THE RUPEE: dollar sharply up

The rupee drifted lower against dollar, it, however, appreciated versus euro on the currency market on Saturday, dealers said. The rupee fell by 30 paisa in relation to dollar for buying and selling at 85.65 and 85.70, they said.
Published 27 Feb, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (February 26, 2011).

Published 27 Feb, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (February 26, 2011).

Published 27 Feb, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 26, 2011).

Published 27 Feb, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 26, 2011).

Published 27 Feb, 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 (February 26, 2011).

Published 27 Feb, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 26, 2011).

Published 27 Feb, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 26, 2011).

Published 27 Feb, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 26, 2011).

Published 27 Feb, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 26, 2011).

Published 27 Feb, 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 (February 26, 2011).

Published 27 Feb, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (February 26, 2011).

Published 27 Feb, 2011 12:00am
Aid under KLB: Davis gridlock may derail disbursement

Aid under KLB: Davis gridlock may derail disbursement

The present gridlock over Raymond Davis may derail disbursement under the Kerry-Lugar bill, sources in Finance Ministry expressed fears to Business Recorder. Some officials said they believe that US would not release any further assistance pledged
Published 27 Feb, 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 (February 26, 2011).

Published 27 Feb, 2011 12:00am
Aid under KLB: Davis gridlock may derail disbursement

Aid under KLB: Davis gridlock may derail disbursement

The present gridlock over Raymond Davis may derail disbursement under the Kerry-Lugar bill, sources in Finance Ministry expressed fears to Business Recorder. Some officials said they believe that US would not release any further assistance pledged
Published 27 Feb, 2011 12:00am
Aid under KLB: Davis gridlock may derail disbursement

Aid under KLB: Davis gridlock may derail disbursement

The present gridlock over Raymond Davis may derail disbursement under the Kerry-Lugar bill, sources in Finance Ministry expressed fears to Business Recorder. Some officials said they believe that US would not release any further assistance pledged
Published 27 Feb, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (February 26, 2011).

Published 27 Feb, 2011 12:00am
Two stalled bills: IMF unlikely to be convinced

Two stalled bills: IMF unlikely to be convinced

The government is unlikely to convince the International Monetary Fund (IMF) that it will be able to pass the two money bills stalled in parliament since November 2010, with the PML (N) decision to withdraw its support for the government, sources exclusiv
Published 27 Feb, 2011 12:00am
Two stalled bills: IMF unlikely to be convinced

Two stalled bills: IMF unlikely to be convinced

The government is unlikely to convince the International Monetary Fund (IMF) that it will be able to pass the two money bills stalled in parliament since November 2010, with the PML (N) decision to withdraw its support for the government, sources exclusiv
Published 27 Feb, 2011 12:00am
Two stalled bills: IMF unlikely to be convinced

Two stalled bills: IMF unlikely to be convinced

The government is unlikely to convince the International Monetary Fund (IMF) that it will be able to pass the two money bills stalled in parliament since November 2010, with the PML (N) decision to withdraw its support for the government, sources exclusiv
Published 27 Feb, 2011 12:00am
Talks in Islamabad from March 1

Talks in Islamabad from March 1

Finally, the International Monetary Fund (IMF) has issued a new advisory, accepting Pakistan's request to hold a week-long review of its economy in Islamabad from March 1, and see itself the decisions Islamabad takes for the remaining four months of the c
Published 27 Feb, 2011 12:00am
Talks in Islamabad from March 1

Talks in Islamabad from March 1

Finally, the International Monetary Fund (IMF) has issued a new advisory, accepting Pakistan's request to hold a week-long review of its economy in Islamabad from March 1, and see itself the decisions Islamabad takes for the remaining four months of the c
Published 27 Feb, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 26, 2011).

Published 27 Feb, 2011 12:00am
Talks in Islamabad from March 1

Talks in Islamabad from March 1

Finally, the International Monetary Fund (IMF) has issued a new advisory, accepting Pakistan''s request to hold a week-long review of its economy in Islamabad from March 1, and see itself the decisions Islamabad takes for the remaining four months of the
Published 27 Feb, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (February 26, 2011).

Published 27 Feb, 2011 12:00am
Court remands US national in custody

Court remands US national in custody

A lower court on Saturday remanded in custody an American national thought to have been working for a private security company, after he overstayed his Pakistani visa, police said. The decision comes as relations between Pakistan and the United States hav
Published 27 Feb, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (February 26, 2011) and the forecast for Sunday (February 27, 2011).

Published 27 Feb, 2011 12:00am
Court remands US national in custody

Court remands US national in custody

A lower court on Saturday remanded in custody an American national thought to have been working for a private security company, after he overstayed his Pakistani visa, police said. The decision comes as relations between Pakistan and the United States hav
Published 27 Feb, 2011 12:00am
Raise in wellhead price: MoF, Ogra on different wavelength

Raise in wellhead price: MoF, Ogra on different wavelength

The Oil and Gas Regulatory Authority (Ogra) has taken decision to raise wellhead gas price at Salesabil (Rodho) field, owned by Dewan Petroleum Limited (DPL), by one dollar per mmbtu, which the Ministry of Petroleum believes the Authority's decision is 'c
Published 27 Feb, 2011 12:00am
Raise in wellhead price: MoF, Ogra on different wavelength

Raise in wellhead price: MoF, Ogra on different wavelength

The Oil and Gas Regulatory Authority (Ogra) has taken decision to raise wellhead gas price at Salesabil (Rodho) field, owned by Dewan Petroleum Limited (DPL), by one dollar per mmbtu, which the Ministry of Petroleum believes the Authority's decision is 'c
Published 27 Feb, 2011 12:00am
Raise in wellhead price: MoF, Ogra on different wavelength

Raise in wellhead price: MoF, Ogra on different wavelength

The Oil and Gas Regulatory Authority (Ogra) has taken decision to raise wellhead gas price at Salesabil (Rodho) field, owned by Dewan Petroleum Limited (DPL), by one dollar per mmbtu, which the Ministry of Petroleum believes the Authority''s decision is '
Published 27 Feb, 2011 12:00am
PPP to sit in opposition in Punjab: Gilani

PPP to sit in opposition in Punjab: Gilani

Prime Minister Yousuf Raza Gilani has said that Pakistan People's Party would sit in opposition in Punjab, but would not resort to horse trading. Talking to media on the occasion of 9th Founders Day of Chand Bagh School in Muridke, near Lahore, he said th
Published 27 Feb, 2011 12:00am
PPP to sit in opposition in Punjab: Gilani

PPP to sit in opposition in Punjab: Gilani

Prime Minister Yousuf Raza Gilani has said that Pakistan People's Party would sit in opposition in Punjab, but would not resort to horse trading. Talking to media on the occasion of 9th Founders Day of Chand Bagh School in Muridke, near Lahore, he said th
Published 27 Feb, 2011 12:00am
Removal of PPP ministers: summary sent to Khosa for final approval

Removal of PPP ministers: summary sent to Khosa for final approval

Punjab Chief Minister, Shahbaz Sharif on Saturday sent summary to Governor Sardar Latif Khosa for removal of PPP ministers from Punjab Cabinet. The summary, which has been sent to the Governor Punjab for the final approval contains the names of Raja Riaz,
Published 27 Feb, 2011 12:00am
Removal of PPP ministers: summary sent to Khosa for final approval

Removal of PPP ministers: summary sent to Khosa for final approval

Punjab Chief Minister, Shahbaz Sharif on Saturday sent summary to Governor Sardar Latif Khosa for removal of PPP ministers from Punjab Cabinet. The summary, which has been sent to the Governor Punjab for the final approval contains the names of Raja Riaz,
Published 27 Feb, 2011 12:00am
UN council holds Libya sanctions talks

UN council holds Libya sanctions talks

The UN Security Council on Saturday held an urgent meeting on how to sanction Libyan leader Moamer Qadhafi for his deadly offensive on opposition protesters. Western powers have proposed an arms embargo, travel ban and assets freeze on Qadhafi, his family
Published 27 Feb, 2011 12:00am
UN council holds Libya sanctions talks

UN council holds Libya sanctions talks

The UN Security Council on Saturday held an urgent meeting on how to sanction Libyan leader Moamer Qadhafi for his deadly offensive on opposition protesters. Western powers have proposed an arms embargo, travel ban and assets freeze on Qadhafi, his family
Published 27 Feb, 2011 12:00am
US imposes sanctions on Qadhafi, Tripoli the focus

US imposes sanctions on Qadhafi, Tripoli the focus

World powers struggled to find a way to stop Libyan leader Muammer Qadhafi lashing out at his people as he clings to power in Tripoli, the last big city where an uprising against his rule has yet to take hold. US President Barak Obama signed an order proh
Published 27 Feb, 2011 12:00am
US imposes sanctions on Qadhafi, Tripoli the focus

US imposes sanctions on Qadhafi, Tripoli the focus

World powers struggled to find a way to stop Libyan leader Muammer Qadhafi lashing out at his people as he clings to power in Tripoli, the last big city where an uprising against his rule has yet to take hold. US President Barak Obama signed an order proh
Published 27 Feb, 2011 12:00am
Government ready to evacuate 18,000 Pakistanis

Government ready to evacuate 18,000 Pakistanis

Foreign Office spokesperson Tehmina Janjua has said on Saturday that the government has taken appropriate measures for the evacuation of Pakistani citizens in Libya. Talking to a private news channel, she said the embassy in Tripoli is in contact with Pak
Published 27 Feb, 2011 12:00am
Government ready to evacuate 18,000 Pakistanis

Government ready to evacuate 18,000 Pakistanis

Foreign Office spokesperson Tehmina Janjua has said on Saturday that the government has taken appropriate measures for the evacuation of Pakistani citizens in Libya. Talking to a private news channel, she said the embassy in Tripoli is in contact with Pak
Published 27 Feb, 2011 12:00am
Qadhafi forces abandon parts of Tripoli

Qadhafi forces abandon parts of Tripoli

Poor neighbourhoods of the Libyan capital Tripoli openly defied Muammar Gaddafi on Saturday as his grip on power after 41 years of rule looked increasingly tenuous in the face of nation-wide revolt. Security forces had abandoned the working-class Tajoura
Published 27 Feb, 2011 12:00am
Qadhafi forces abandon parts of Tripoli

Qadhafi forces abandon parts of Tripoli

Poor neighbourhoods of the Libyan capital Tripoli openly defied Muammar Gaddafi on Saturday as his grip on power after 41 years of rule looked increasingly tenuous in the face of nation-wide revolt. Security forces had abandoned the working-class Tajoura
Published 27 Feb, 2011 12:00am
PSO receivables swell to Rs 161.8 billion

PSO receivables swell to Rs 161.8 billion

The cash-strapped Pakistan State Oil (PSO) receivables on Saturday swelled to Rs 161.8 billion, which the company termed a default-like situation. "If we do not receive at least Rs 30 billion by Monday (tomorrow), we will definitely be at default position
Published 27 Feb, 2011 12:00am
PSO receivables swell to Rs 161.8 billion

PSO receivables swell to Rs 161.8 billion

The cash-strapped Pakistan State Oil (PSO) receivables on Saturday swelled to Rs 161.8 billion, which the company termed a default-like situation. "If we do not receive at least Rs 30 billion by Monday (tomorrow), we will definitely be at default position
Published 27 Feb, 2011 12:00am
PSO receivables swell to Rs 161.8 billion

PSO receivables swell to Rs 161.8 billion

The cash-strapped Pakistan State Oil (PSO) receivables on Saturday swelled to Rs 161.8 billion, which the company termed a default-like situation. "If we do not receive at least Rs 30 billion by Monday (tomorrow), we will definitely be at default position
Published 27 Feb, 2011 12:00am
ISAF containers scam: FBR suspends 22 customs officers

ISAF containers scam: FBR suspends 22 customs officers

The Federal Board of Revenue (FBR) has suspended 22 customs officers, including six senior customs officials of Grade-18, with immediate effect in ISAF containers scam. In this regard, the FBR issued three notifications here on Saturday. The suspended off
Published 27 Feb, 2011 12:00am
ISAF containers scam: FBR suspends 22 customs officers

ISAF containers scam: FBR suspends 22 customs officers

The Federal Board of Revenue (FBR) has suspended 22 customs officers, including six senior customs officials of Grade-18, with immediate effect in ISAF containers scam. In this regard, the FBR issued three notifications here on Saturday. The suspended off
Published 27 Feb, 2011 12:00am
ISAF containers scam: FBR suspends 22 customs officers

ISAF containers scam: FBR suspends 22 customs officers

The Federal Board of Revenue (FBR) has suspended 22 customs officers, including six senior customs officials of Grade-18, with immediate effect in ISAF containers scam. In this regard, the FBR issued three notifications here on Saturday. The suspended off
Published 27 Feb, 2011 12:00am
ECC to extend Rs 1.5 billion GoP guarantee for Textile City

ECC to extend Rs 1.5 billion GoP guarantee for Textile City

The Economic Co-ordination Committee (ECC) of the Cabinet is to extend Rs 1.5 billion Government of Pakistan (GoP) financing guarantee for the Textile City, Karachi, sources close to Textile Minister told Business Recorder. Pakistan Textile City is
Published 27 Feb, 2011 12:00am
ECC to extend Rs 1.5 billion GoP guarantee for Textile City

ECC to extend Rs 1.5 billion GoP guarantee for Textile City

The Economic Co-ordination Committee (ECC) of the Cabinet is to extend Rs 1.5 billion Government of Pakistan (GoP) financing guarantee for the Textile City, Karachi, sources close to Textile Minister told Business Recorder. Pakistan Textile City is
Published 27 Feb, 2011 12:00am
ECC to extend Rs 1.5 billion GoP guarantee for Textile City

ECC to extend Rs 1.5 billion GoP guarantee for Textile City

The Economic Co-ordination Committee (ECC) of the Cabinet is to extend Rs 1.5 billion Government of Pakistan (GoP) financing guarantee for the Textile City, Karachi, sources close to Textile Minister told Business Recorder. Pakistan Textile City is
Published 27 Feb, 2011 12:00am
Two cops killed in crossfire

Two cops killed in crossfire

Two policemen were killed in crossfire here on Saturday in the Gulshan-e-Iqbal area. "The cops were killed in crossfire between two groups at Abul Hasan Ispahani Road," said an official at Mobina Town police limits. The dead include a police constable and
Published 27 Feb, 2011 12:00am
First urea consignment arrives

First urea consignment arrives

First shipment of 36,000 tons of urea arrived at Port Qasim on Saturday. "TCP had awarded tender for import of 100,000 metric tons (ten percent plus minus) urea to the lowest bidder Gavilon Fertiliser LLC USA at a price of $408.68 per ton and after the de
Published 27 Feb, 2011 12:00am
First urea consignment arrives

First urea consignment arrives

First shipment of 36,000 tons of urea arrived at Port Qasim on Saturday. "TCP had awarded tender for import of 100,000 metric tons (ten percent plus minus) urea to the lowest bidder Gavilon Fertiliser LLC USA at a price of $408.68 per ton and after the de
Published 27 Feb, 2011 12:00am
First urea consignment arrives

First urea consignment arrives

First shipment of 36,000 tons of urea arrived at Port Qasim on Saturday. "TCP had awarded tender for import of 100,000 metric tons (ten percent plus minus) urea to the lowest bidder Gavilon Fertiliser LLC USA at a price of $408.68 per ton and after the de
Published 27 Feb, 2011 12:00am
Italian report details arms sales to Libya

Italian report details arms sales to Libya

Italy has sold Libya explosives, gun targeting equipment and other military hardware worth tens of millions of euros (dollars) in the past two years, Italian daily Corriere della Sera reported on Saturday. The newspaper quoted an official report from the
Published 27 Feb, 2011 12:00am
Egyptians fleeing Libyan anger pour into Tunisia

Egyptians fleeing Libyan anger pour into Tunisia

Those behind the popular protest movement in Egypt may be basking in success but compatriots fleeing the uprising they inspired in Libya are in no mood to discuss democracy. Thousands of Egyptian labourers have been pouring into Tunisia from Libya, where
Published 27 Feb, 2011 12:00am
Textile industry: five-day gas loadshedding begins today

Textile industry: five-day gas loadshedding begins today

Sui Northern Gas Pipelines Limited (SNGPL) has announced five days gas loadshedding, here on Saturday, which will start from Sunday (today) and continue till March 4. Gas loadshedding will create huge problems for more than 600 industrial units including
Published 27 Feb, 2011 12:00am
Textile industry: five-day gas loadshedding begins today

Textile industry: five-day gas loadshedding begins today

Sui Northern Gas Pipelines Limited (SNGPL) has announced five days gas loadshedding, here on Saturday, which will start from Sunday (today) and continue till March 4. Gas loadshedding will create huge problems for more than 600 industrial units including
Published 27 Feb, 2011 12:00am
Textile industry: five-day gas loadshedding begins today

Textile industry: five-day gas loadshedding begins today

Sui Northern Gas Pipelines Limited (SNGPL) has announced five days gas loadshedding, here on Saturday, which will start from Sunday (today) and continue till March 4. Gas loadshedding will create huge problems for more than 600 industrial units including
Published 27 Feb, 2011 12:00am
CCI reconstituted

CCI reconstituted

President Asif Ali Zardari, on the advice of Prime Minister Yousuf Raza Gilani, has reconstituted the Council of Common Interests (CCI). The reconstituted CCI comprises:
Published 27 Feb, 2011 12:00am
CCI reconstituted

CCI reconstituted

President Asif Ali Zardari, on the advice of Prime Minister Yousuf Raza Gilani, has reconstituted the Council of Common Interests (CCI). The reconstituted CCI comprises:
Published 27 Feb, 2011 12:00am
Chavez gives lukewarm backing to Gaddafi

Chavez gives lukewarm backing to Gaddafi

Venezuela's President Hugo Chavez said he supports the government of fellow Opec member Libya but shied away from defending his friend Muammar Gaddafi, whose troops diplomats and Libyans say have shot protesters. Chavez said he had not been able to talk w
Published 27 Feb, 2011 12:00am
Fresh clashes erupt in Ivory Coast's Abidjan

Fresh clashes erupt in Ivory Coast's Abidjan

Fresh clashes erupted on Saturday in Ivory Coast's main city Abidjan a day after UN Secretary General Ban Ki-moon warned the crisis-hit nation was on the brink of civil war. Heavy-weapon gunfire broke out in the commercial capital Abidjan where forces loy
Published 27 Feb, 2011 12:00am
Russia vows to sell missiles to Syria

Russia vows to sell missiles to Syria

Russia vowed Saturday to fulfil its contract to supply Syria with cruise missiles despite the turmoil shaking the Arab world and Israel's furious condemnation of the deal. "The contract is in the implementation stage," news agencies quoted Defence Ministe
Published 27 Feb, 2011 12:00am
Second phase of federal cabinet reshuffling expected next month

Second phase of federal cabinet reshuffling expected next month

The second phase of Federal Cabinet reshuffle/right sizing is expected next month (March) after devolution of five more ministries to the provinces under 18th Amendment of the Constitution, it is reliably learnt. The PPP is making all out efforts to convi
Published 27 Feb, 2011 12:00am
Second phase of federal cabinet reshuffling expected next month

Second phase of federal cabinet reshuffling expected next month

The second phase of Federal Cabinet reshuffle/right sizing is expected next month (March) after devolution of five more ministries to the provinces under 18th Amendment of the Constitution, it is reliably learnt. The PPP is making all out efforts to convi
Published 27 Feb, 2011 12:00am
EAD secretary slot: Wajid Rana emerges as potential candidate

EAD secretary slot: Wajid Rana emerges as potential candidate

Special Secretary Finance Wajid Rana has emerged as potential candidate for the slot of new secretary Economic Affairs Division (EAD) replacing incumbent Sibtain Fazal Haleem who retires on March 3, 2011. According to sources, the government has taken dec
Published 27 Feb, 2011 12:00am
EAD secretary slot: Wajid Rana emerges as potential candidate

EAD secretary slot: Wajid Rana emerges as potential candidate

Special Secretary Finance Wajid Rana has emerged as potential candidate for the slot of new secretary Economic Affairs Division (EAD) replacing incumbent Sibtain Fazal Haleem who retires on March 3, 2011. According to sources, the government has taken dec
Published 27 Feb, 2011 12:00am
EAD secretary slot: Wajid Rana emerges as potential candidate

EAD secretary slot: Wajid Rana emerges as potential candidate

Special Secretary Finance Wajid Rana has emerged as potential candidate for the slot of new secretary Economic Affairs Division (EAD) replacing incumbent Sibtain Fazal Haleem who retires on March 3, 2011. According to sources, the government has taken dec
Published 27 Feb, 2011 12:00am
Rain and snow dispel worries of drought in China

Rain and snow dispel worries of drought in China

Rain and snow fell across China's eastern and central regions, with temperatures plummeting up to 10 degrees Celsius, easing severe drought that has plagued large areas of farmland in northern China, state media said on Saturday. But snow has also paralys
Published 27 Feb, 2011 12:00am
Asghar Gill elected as LHCBA president

Asghar Gill elected as LHCBA president

Muhammad Asghar Gill was elected as president Lahore High Court Bar Association (LHCBA) for the year 2011 by securing 4172 votes. Gill was a candidate of Professional Group led by Hamid Khan while his rival candidate Rai Bashir was candidate of Friends Al
Published 27 Feb, 2011 12:00am
Nawaz for a meaningful Pak-India dialogue

Nawaz for a meaningful Pak-India dialogue

PML-N chief Nawaz Sharif on Saturday said India and Pakistan must engage in a meaningful dialogue to usher in peace and progress in the region for the ultimate benefit of the people of the two countries. He said this during a meeting with Indian High Comm
Published 27 Feb, 2011 12:00am
Punjab government: 'oust PPP' was inner voice of workers, says Nawaz

Punjab government: 'oust PPP' was inner voice of workers, says Nawaz

Pakistan Muslim League-Nawaz (PML-N) Chief Nawaz Sharif on Saturday said that his party's alliance with Pakistan People's Party (PPP) would have remained intact if it had resolved the masses' problems. Addressing the consultative meeting of party workers
Published 27 Feb, 2011 12:00am
PACADE calls for free, compulsory primary education

PACADE calls for free, compulsory primary education

Pakistan Association for Continuing of Adult and Development of Education (PACADE) has called for making primary education free and compulsory under the constitution 1973 throughout the country. The call was made by President, PACADE, Inayatullah while ad
Published 27 Feb, 2011 12:00am
Prices of essential kitchen items increase

Prices of essential kitchen items increase

Prices of most of the essential kitchen items have registered an increase during this week over the corresponding last week, a survey carried out by Business Recorder revealed. The survey noted that the prices of live chicken, loose tea, tomatoes,
Published 27 Feb, 2011 12:00am
Man kills wife, four relatives

Man kills wife, four relatives

A man along with his two cousins shot dead his wife, and four other relatives, including three women, in Makkarwal village, tehsil Eisa-Khel here on Saturday on a burning domestic issue. According to the FIR, accused Asmat ullah alongwith his two cousins
Published 27 Feb, 2011 12:00am
Punjab cabinet: 'PPP to respond after ministers' removal'

Punjab cabinet: 'PPP to respond after ministers' removal'

Federal Minister for Law, Justice and Parliamentary Affairs, Dr Babar Awan has said that Pakistan People's Party (PPP) will respond to Pakistan Muslim League Nawaz (PML-N) after the removal of its ministers from Punjab cabinet.
Published 27 Feb, 2011 12:00am
Transfer orders challenged in LHC

Transfer orders challenged in LHC

A petition has been filed before the Lahore High Court challenging transfer orders of nine employees of Evacuee Trust Property Board (ETPB). The petitioner Deputy Secretary Ghulam Sarwar and others prayed to the court to set aside their transfer orders be
Published 27 Feb, 2011 12:00am
PPP, PML-N urged to show tolerance

PPP, PML-N urged to show tolerance

Muttahida Qaumi Movement (MQM) is emerging as a third option in political scenario of Pakistan. Pakistan People's Party and PML-N should show tolerance and farsightedness in the current situation, as the country can't afford mid-term elections.
Published 27 Feb, 2011 12:00am
'PML-N's decision not to harm federation'

'PML-N's decision not to harm federation'

PPP central leader and former President Supreme Court Bar Association Barrister Aitzaz Ahsan said leave-taking by PML-N from PPP would have some effect on country's politics. He came to exercise his right to vote in Lahore High Court Bar Association elect
Published 27 Feb, 2011 12:00am
PPP Punjab minister returns bullet-proof vehicle

PPP Punjab minister returns bullet-proof vehicle

Pakistan Peoples Party (PPP) senior minister in Punjab cabinet, Raja Riaz on Saturday said that he has returned the official bullet-proof vehicle to the provincial government. In a statement issued here, Riaz said that the ministers of PPP in Punjab did n
Published 27 Feb, 2011 12:00am
Aptma urges SNGPL to restore gas supply

Aptma urges SNGPL to restore gas supply

Chairman All Pakistan Textile Mills Association (Aptma), Gohar Ejaz fears massive lay off in textile sector if gas availability to the textile industry is not ensured. The chairman Aptma said gas loadshedding has completely destroyed business environment
Published 27 Feb, 2011 12:00am
Concerns voiced over gas suspension to industries

Concerns voiced over gas suspension to industries

While criticising another five-day gas suspension to the industries in Punjab, Lahore Chamber of Commerce and Industry (LCCI) President, Shahzad Malik said the decision will hit exports, productivity and government revenues hard, thus Prime Minister shoul
Published 27 Feb, 2011 12:00am
Imran to address party office-bearers today

Imran to address party office-bearers today

Pakistan Tehrik-e-Insaaf (PTI) Chairman Imran Khan will address organisers of his party from all the provincial constituencies of S Punjab today. According to a spokesman of the party, Imran Khan will be spending a very hectic and busy Sunday. Besides add
Published 27 Feb, 2011 12:00am
PML-N chief's decision against democratic norms: Bilour

PML-N chief's decision against democratic norms: Bilour

Pakistan Railways Minister Haji Ghulam Ahmad Bilour on Saturday said that Nawaz Sharif's decision to own turncoats of PML-Q in the Punjab Assembly was against democratic principles. Talking to the media after visiting the PR Carriage Shop, Moghalpura, he
Published 27 Feb, 2011 12:00am
Fire-fighting measures

Fire-fighting measures

An inter-ministerial meeting with a one point agenda was held on the directive of the Prime Minister and under the chairmanship of Finance Minister Dr Hafeez Sheikh: how to tackle the inter-circular debt that was once again threatening the ability of Paki
Published 27 Feb, 2011 12:00am
Rising food prices

Rising food prices

According to a Recorder report, meat prices have risen sharply during the last few days, pushing it out of reach of ordinary households. Chicken price has gone up from Rs 165 to Rs 210 per kg, and mutton, already selling at an exorbitant rate of 47
Published 27 Feb, 2011 12:00am
Economic development

Economic development

It is generally believed that overall development of a country emanates from success on four fronts namely; political, economic, social and technological. The category selected for this paper is Economic Development for which several models exist in this
Published 27 Feb, 2011 12:00am
Birth of new Egypt comes with serious labour pains

Birth of new Egypt comes with serious labour pains

A certain disillusionment already has set in among the revolutionaries who began calling for the ouster of President Hosni Mubarak one month ago on Tahrir Square. As revolutions go, they got their wish relatively quickly when Mubarak left office on Februa
Published 27 Feb, 2011 12:00am
Prerequisites for a roundtable on economy

Prerequisites for a roundtable on economy

The Roundtable Conference of all political parties called by the government to discuss the dire economic situation facing the country is a welcome development and a step in right direction. That it is a prerequisite, is a foregone conclusion, if we are to
Published 27 Feb, 2011 12:00am
ANP sees no mid-term elections

ANP sees no mid-term elections

The political temperature is rising fast following political confrontation between Pakistan People's Party (PPP) and Pakistan Muslim League-Nawaz (PML-N) after expulsion of the former from the coalition setup in Punjab. Nonetheless, Awami National Party (
Published 27 Feb, 2011 12:00am
'India-Pakistan differences have affected SAARC'

'India-Pakistan differences have affected SAARC'

Ahead of eight-nation South Asian Association for Regional Co-operation (SAARC) summit, Maldives will host later this year, President, Mohamed Nasheed has said India-Pakistan differences have affected potential of the regional grouping and hoped that two
Published 27 Feb, 2011 12:00am
22 Pakistani firms to participate in Gulf food exposition

22 Pakistani firms to participate in Gulf food exposition

Under the banner of Trade Development Authority of Pakistan (TDAP), 22 Pakistani companies will participate in the Gulf Food Exhibition to be held in Dubai from February 27 to March 2. More than 2,000 companies from around 60 countries are participating i
Published 27 Feb, 2011 12:00am
Security, vigilance committees to be made effective

Security, vigilance committees to be made effective

Islamabad Police have decided to make the 'security and vigilance committees' more effective so that the arrest of proclaimed offenders and other anti-social elements could be ascertained.
Published 27 Feb, 2011 12:00am
MoU signed between IPDF, CDIA

MoU signed between IPDF, CDIA

Infrastructure Project Development Facility (IPDF) and Cities Development Initiative for Asia (CDIA) have signed a memorandum of understanding (MoU) to develop a multifaceted partnership in areas ranging from capacity development to urban infrastructure i
Published 27 Feb, 2011 12:00am
Gwadar advisory committee meets at EPZA head office

Gwadar advisory committee meets at EPZA head office

Meeting of Advisory Committee on Gwadar EPZA constituted by Federal Government to monitor and advice for fast track progress of Gwadar EPZ was held on Friday, at EPZA Head office. The meeting was presided by the Chief Secretary Balochistan Ahmed Bukhsh Le
Published 27 Feb, 2011 12:00am
Tajik President to attend Pak-Tajikistan Business Forum

Tajik President to attend Pak-Tajikistan Business Forum

The President of Tajikistan along with a number of Ministers and over 40 businessmen will be attending a two-day Pakistan - Tajikistan Business Forum to be held in Karachi next month. This was stated by Dr Zubaydullo Zubaydov, Ambassador of Tajikistan in
Published 27 Feb, 2011 12:00am
SPLA to stage demonstration at chief minister House on Tuesday

SPLA to stage demonstration at chief minister House on Tuesday

If a hawker can earn more than a person engaged in teaching, then it is clear that the society had lost the respect and dignity of this 'noble and prophetic' profession. A notification, No SOIII (S&GAD) 7-2/2010 for the promotion of assistant professors f
Published 27 Feb, 2011 12:00am
'Load-shedding proving fatal for industries'

'Load-shedding proving fatal for industries'

The industrial sector has suffered huge production losses due to the load shedding being carried out by Karachi Electric Supply Company in the industrial areas of the city. The load shedding has created massive problems for the industrialists in meeting t
Published 27 Feb, 2011 12:00am
Fresh wave of targeted killings hit old city areas

Fresh wave of targeted killings hit old city areas

The fresh wave of target killings has hit the old city area of the metropolis brining about 40 percent businesses to closure for the last three days, traders said on Saturday. "Infiltrating into the old city areas from central parts of the metropolis, the
Published 27 Feb, 2011 12:00am
Civil defence department to take out rally on March 1

Civil defence department to take out rally on March 1

In order to mark international Civil Defence Day on 1st March, 2011, a rally would be taken out by the Civil Defence Department of Hyderabad. The rally, to be taken out from Hyderabad Gymkhana Club to Hyderabad Press Club, would be led by District Co-ordi
Published 27 Feb, 2011 12:00am
SU M.Phil admissions

SU M.Phil admissions

The University of Sindh has announced admissions to M.Phil programme in the disciplines of business administration, microbiology, pharmacology and physiology for the session 2011, here on Saturday. The application form will be available at Habib Bank Limi
Published 27 Feb, 2011 12:00am
'Contract employees to be regularised through interviews'

'Contract employees to be regularised through interviews'

Pakistan Peoples' Party (PPP) and Muttahida Qaumi Movement (MQM) have agreed on not to table the bill in Sindh Assembly for reinstatement of contract employees of the Sindh Education Department, Senior Minister for Education, Pir Mazhar-ul-Haq informed PP
Published 27 Feb, 2011 12:00am
Minister to inaugurate uplift projects in Sialkot

Minister to inaugurate uplift projects in Sialkot

Federal Minister for Information and Broadcasting, Dr Firdous Ashiq Awan would be accorded a rousing welcome on her arrival in Sialkot on Sunday and necessary arrangements in this regard have been finalised. The federal minister will inaugurate different
Published 27 Feb, 2011 12:00am
Next polio campaign from March 7

Next polio campaign from March 7

The Punjab government would follow zero tolerance policy in the next anti-polio campaign, which will be kicked off from 7th March. Secretary Health Punjab Fawad Hassan Fawad, while addressing District Health Officers Conference, said that the next anti-po
Published 27 Feb, 2011 12:00am
Enmity claims three lives

Enmity claims three lives

A man and his two sons were killed over enmity here in Burj Attari town in the precincts of factory area of district Sheikhupura on Saturday. According to police, Yaqoob and his two sons Karamt and Babar were in their house when accused Ilyas and Abbas al
Published 27 Feb, 2011 12:00am
UVAS, PADFA sign MoU

UVAS, PADFA sign MoU

A memorandum of understanding (MoU) has been signed between University of Veterinary and Animal Sciences (UVAS) and Pakistan Agriculture and Dairy Farmers Association (PADFA) to enhance the livestock production potential in the light of advanced scientifi
Published 27 Feb, 2011 12:00am
'Government will not allow unconstitutional moves'

'Government will not allow unconstitutional moves'

Federal Information Minister, Dr Firdous Ashiq Awan said Saturday that Pakistan Peoples Party (PPP) would not let any one to act against the constitution as it is the ccustodian of the constitution She was talking to media men at Allama Iqbal Internationa
Published 27 Feb, 2011 12:00am
Zehri for facilitating exporters

Zehri for facilitating exporters

Federal Minister for Food and Agriculture, Mir Israrullah Zehri has directed to facilitate the exporters who are crucially important for the national economy. "Criteria to meet the international standards must be fulfilled in compliance with the internati
Published 27 Feb, 2011 12:00am
IHC's three benches for next week

IHC's three benches for next week

Chief Justice of Islamabad High Court (IHC) Iqbal Hameed-ur-Rehman has constituted three benches, including a divisional bench, to hear a number of cases from next week starting from February 28. The first bench comprises the Chief Justice Iqbal Hameed-ur
Published 27 Feb, 2011 12:00am
We will join PML-N government as a party not group: Tahir Javed

We will join PML-N government as a party not group: Tahir Javed

The unification bloc is all set to turn tables on the Chaudhries-led Pakistan Muslim League-Q (PML-Q) with the support of 48 members through its separate parliamentary group in the provincial assembly of Punjab, finally giving a deadly blow to the mother
Published 27 Feb, 2011 12:00am
Yamaha to establish motorcycle plant this year: Mandviwalla

Yamaha to establish motorcycle plant this year: Mandviwalla

The Yamaha Motors Company Japan would establish motorcycle plant in Karachi this year with investment of $150 million to cater to the increasing demand of motorcycle in the country, Chairman Board of Investment, Saleem H. Mandviwalla said. "Although the p
Published 27 Feb, 2011 12:00am
PN organises spring festival

PN organises spring festival

An impressive and colourful spring festival was organised by Pakistan Navy (PN) here in Naval Complex. Vice Admiral Mohammad Asif Sandila, Chief of Staff Pakistan Navy was host of the occasion. The spring festival was unique in the way that Army, Air Forc
Published 27 Feb, 2011 12:00am
By-election in PK-69 Tank on March 21:CEC

By-election in PK-69 Tank on March 21:CEC

Chief Election Commissioner (CEC) of Pakistan has re-fixed date of poll for by-election in constituency No PK-69 Tank as March 21, 2011 instead of February 28, as notified earlier.
Published 27 Feb, 2011 12:00am
Hoti wants quality construction

Hoti wants quality construction

Chief Minister Khyber Pakhtunkhwa, Ameer Haidar Khan Hoti has directed for expediting development process and ensuring quality construction. He stressed government departments for finalising all processes including approval of developmental schemes after
Published 27 Feb, 2011 12:00am
Taseer's murder case: ATC records four prosecution witnesses' statement

Taseer's murder case: ATC records four prosecution witnesses' statement

The Anti Terrorist Court (ATC) on Saturday recorded statements of four prosecution witnesses in Salmaan Taseer murder case and adjourned the hearing till March 5. ATC II Judge Raja Ikhlaq Hussain resumed the hearing of Salmaan Taseer assassination case in
Published 27 Feb, 2011 12:00am
NCC Policy: experts call for detailed measures for Khyber Pakhtunkhwa

NCC Policy: experts call for detailed measures for Khyber Pakhtunkhwa

Experts have called for comprehensive national climate change policy in the era of global warming to avoid frequent occurring of natural disasters in the country. In this connection, a one-day workshop was held at Archeology Museum Hall at University of P
Published 27 Feb, 2011 12:00am
FPCCI China off to play important role in promoting Sino-Pak trade

FPCCI China off to play important role in promoting Sino-Pak trade

The Chengdu office of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) would play an important role in promoting economic co-operation between Pakistan and China and help achieve bilateral trade target of US $15 billion by 2015 as envis
Published 27 Feb, 2011 12:00am
Zardari, Gul agree on bolstering ties in diverse fields

Zardari, Gul agree on bolstering ties in diverse fields

President Asif Ali Zardari and Turkish President Abdullah Gul on Saturday agreed on facilitating their private sectors for increased joint ventures in trade and communication and gaining maximum benefit from their geo-strategic locations.
Published 27 Feb, 2011 12:00am
FM-101 transmission to be extended to Chitral

FM-101 transmission to be extended to Chitral

Khyber Pakhtunkhwa Minister for Population Welfare, Saleem Khan has said that the transmission of FM-101, Radio Pakistan Peshawar will be extended up to Chitral adding that soon he will call on the federal minister for Information and Broadcasting Dr Fird
Published 27 Feb, 2011 12:00am
500,000 saplings to be planted during spring drive in Islamabad

500,000 saplings to be planted during spring drive in Islamabad

The Capital Development Authority (CDA) during the spring plantation drive launched under National Plantation Campaign will increase the green cover of the Capital City. The Civic body is working hard to increase the green cover of the Capital and to pres
Published 27 Feb, 2011 12:00am
Alarming rise in crimes in Islamabad

Alarming rise in crimes in Islamabad

Rise in incidents of car snatching, highway robberies, street crimes in the Federal Capital has caused panic among residents of Islamabad during the current week, while Capital Police claimed to have made hectic efforts to bring the crime graph to lowest
Published 27 Feb, 2011 12:00am
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