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Archive - 2011-04-03
PM condemns blast in DG Khan
Top News

PM condemns blast in DG Khan

ISLAMABAD: Prime Minister Syed Yusuf Raza Gilani condemned the bomb blast at the Shrine of Hazrat Sakhi Sarwar in Dera G
Published 03 Apr, 2011 03:18pm
Govt assures relief in POL prices
Top News

Govt assures relief in POL prices

ISLAMABAD: Federal Finance Minister Dr. Abdul Hafeez Shaikh said on Sunday that the government is trying its level best
Published 03 Apr, 2011 10:01am
Fuel depot on fire in Indonesia
Top News

Fuel depot on fire in Indonesia

JAKARTA: Indonesian firefighters on Sunday battled to extinguish a blaze at the country's largest oil refinery, police s
Published 03 Apr, 2011 09:37am
British team in Libya talks with rebels
Top News

British team in Libya talks with rebels

BENGHAZI: A British delegation arrived in the Libyan insurgency bastion of Benghazi late Saturday nearly a month after t
Published 03 Apr, 2011 09:19am
Thailand flood toll reaches 40
Top News

Thailand flood toll reaches 40

BANGKOK: The death toll from heavy flooding in southern Thailand has risen to 40, the government said Sunday, with thous
Published 03 Apr, 2011 09:04am
Japan's nuclear crisis
Asia

Japan's nuclear crisis

TOKYO: Following are main developments after a massive earthquake and tsunami devastated northeast Japan and crippled a
Published 03 Apr, 2011 06:19am
Instead of Acts of the Parliament: three new ordinances Issued

Instead of Acts of the Parliament: three new ordinances Issued

The President of Pakistan in a bid to generate additional revenue of Rs 53 billion for the national exchequer has promulgated three ordinances on 15th of March, 2011. These ordinances were neither publicised nor uploaded on FBR's portal to seek public com
Published 03 Apr, 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 03 Apr, 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 Commi
Published 03 Apr, 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 (April 02, 2011).

Published 03 Apr, 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 (April 02, 2011).

Published 03 Apr, 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 (April 02, 2011).

Published 03 Apr, 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 (April 02, 2011).

Published 03 Apr, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (April 02, 2011).
Published 03 Apr, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (April 02, 2011).

Published 03 Apr, 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 (April 02, 2011).

Published 03 Apr, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (April 02, 2011).

Published 03 Apr, 2011 12:00am
THE RUPEE: dollar up

THE RUPEE: dollar up

The rupee moved was lower against dollar in interbank trade and euro on the currency market on Saturday in process of trading, dealers said. The rupee shed eight paisa in relation to dollar for buying at 85.40 and lost 11 paisa for selling 85.45, they sai
Published 03 Apr, 2011 12:00am
THE RUPEE: dollar up

THE RUPEE: dollar up

The rupee moved was lower against dollar in interbank trade and euro on the currency market on Saturday in process of trading, dealers said. The rupee shed eight paisa in relation to dollar for buying at 85.40 and lost 11 paisa for selling 85.45, they sai
Published 03 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 02, 2011).

Published 03 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 02, 2011).

Published 03 Apr, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 02, 2011).

Published 03 Apr, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 02, 2011).

Published 03 Apr, 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 (April 02, 2011).

Published 03 Apr, 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 (April 02, 2011).

Published 03 Apr, 2011 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (April 02, 2011).

Published 03 Apr, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (April 02, 2011).

Published 03 Apr, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 02, 2011).

Published 03 Apr, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 02, 2011).

Published 03 Apr, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 02, 2011).

Published 03 Apr, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 02, 2011).

Published 03 Apr, 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 (April 02, 2011).

Published 03 Apr, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (April 02, 2011).

Published 03 Apr, 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 (April 02, 2011).

Published 03 Apr, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (April 02, 2011).

Published 03 Apr, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (April 02, 2011) and for Sunday (April 03, 2011).
Published 03 Apr, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 02, 2011).

Published 03 Apr, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (April 02, 2011) and the forecast for Sunday (April 03, 2011).

Published 03 Apr, 2011 12:00am
India lift World Cup after 28 years

India lift World Cup after 28 years

Mahendra Singh Dhoni clouted a soaring six to secure India's first World Cup title in 28 years and the first for the great Sachin Tendulkar in six attempts with a six-wicket victory over Sri Lanka in Saturday's final. Skipper Dhoni scored an unbeaten 91,
Published 03 Apr, 2011 12:00am
India lift World Cup after 28 years

India lift World Cup after 28 years

Mahendra Singh Dhoni clouted a soaring six to secure India's first World Cup title in 28 years and the first for the great Sachin Tendulkar in six attempts with a six-wicket victory over Sri Lanka in Saturday's final. Skipper Dhoni scored an unbeaten 91,
Published 03 Apr, 2011 12:00am
Gilani felicitates Singh

Gilani felicitates Singh

Prime Minister Syed Yusuf Raza Gilani has congratulated his Indian counterpart Manmohan Singh on the Indian cricket team's victory in the World Cup 2011. He commended the excellent performance of the Indian team throughout the tournament as well as in the
Published 03 Apr, 2011 12:00am
Gilani felicitates Singh

Gilani felicitates Singh

Prime Minister Syed Yusuf Raza Gilani has congratulated his Indian counterpart Manmohan Singh on the Indian cricket team's victory in the World Cup 2011. He commended the excellent performance of the Indian team throughout the tournament as well as in the
Published 03 Apr, 2011 12:00am
FBR to get data of 40,000 wealthy persons from Nadra

FBR to get data of 40,000 wealthy persons from Nadra

The Federal Board of Revenue (FBR) will acquire more data from National and Database Registration Authority (Nadra) on Monday for bringing at least 30,000 to 40,000 wealthy persons into documented regime by June 2011. Sources told Business Recorder </i
Published 03 Apr, 2011 12:00am
FBR to get data of 40,000 wealthy persons from Nadra

FBR to get data of 40,000 wealthy persons from Nadra

The Federal Board of Revenue (FBR) will acquire more data from National and Database Registration Authority (Nadra) on Monday for bringing at least 30,000 to 40,000 wealthy persons into documented regime by June 2011. Sources told Business Recorder </i
Published 03 Apr, 2011 12:00am
FBR to get data of 40,000 wealthy persons from Nadra

FBR to get data of 40,000 wealthy persons from Nadra

The Federal Board of Revenue (FBR) will acquire more data from National and Database Registration Authority (Nadra) on Monday for bringing at least 30,000 to 40,000 wealthy persons into documented regime by June 2011. Sources told Business Recorder </i
Published 03 Apr, 2011 12:00am
It will help remove black spot from history of judiciary: Awan

It will help remove black spot from history of judiciary: Awan

The reference was signed in the presence of Federal Minister for Law and Justice Babar Awan and Sindh Home Minister Zulfikar Mirza. It was sent to the Supreme Court by the ministry of law. Before filing the reference in the Apex Court, Minister for Law an
Published 03 Apr, 2011 12:00am
It will help remove black spot from history of judiciary: Awan

It will help remove black spot from history of judiciary: Awan

The reference was signed in the presence of Federal Minister for Law and Justice Babar Awan and Sindh Home Minister Zulfikar Mirza. It was sent to the Supreme Court by the ministry of law. Before filing the reference in the Apex Court, Minister for Law an
Published 03 Apr, 2011 12:00am
UK refuses to extradite Musharraf

UK refuses to extradite Musharraf

British government has refused to extradite former president General Pervez Musharraf (Retd), wanted by Anti-Terrorism Court in assassination of Benazir Bhutto, as there exists no extradition treaty case between Pakistan and the UK.
Published 03 Apr, 2011 12:00am
UK refuses to extradite Musharraf

UK refuses to extradite Musharraf

British government has refused to extradite former president General Pervez Musharraf (Retd), wanted by Anti-Terrorism Court in assassination of Benazir Bhutto, as there exists no extradition treaty case between Pakistan and the UK.
Published 03 Apr, 2011 12:00am
Thousands march for Basque party in Spain

Thousands march for Basque party in Spain

Tens of thousands of people demonstrated in Spain's troubled Basque region Saturday, calling for the government to legalise a new pro-independence party that says it rejects violence by armed separatist group ETA. The Supreme Court on March 24 denied Sort
Published 03 Apr, 2011 12:00am
Pastor says he doesn't feel responsible for killings

Pastor says he doesn't feel responsible for killings

The US pastor, whose sacrilegious act burning of Holy Quran sparked deadly violence in Afghanistan, has called for "immediate" US and UN action against its perpetrators, saying the whole religion of Islam must be held accountable.
Published 03 Apr, 2011 12:00am
Goldstone revisits UN war crimes report on Gaza

Goldstone revisits UN war crimes report on Gaza

South African judge Richard Goldstone, author of a UN report on Israel's Gaza offensive two years ago, said Saturday his work would have been "a different document" had he been given access to information available today. "We know a lot more today about w
Published 03 Apr, 2011 12:00am
Airline cancels 300 flights after US emergency landing

Airline cancels 300 flights after US emergency landing

Southwest Airlines cancelled hundreds of flights Saturday to inspect 79 of its Boeing 737 aircraft a day after a hole in a fuselage forced an emergency landing. Flight 812 from Phoenix to Sacramento was diverted Friday to Yuma, Arizona, in the midst of wh
Published 03 Apr, 2011 12:00am
UAE special forces free ship hijacked by pirates

UAE special forces free ship hijacked by pirates

United Arab Emirates special forces on Saturday freed an Abu Dhabi-owned ship seized by pirates east of Oman in the Arabian Sea, a military official told state news agency WAM. "A special counter-terrorism unit, backed by air force units and in co-ordinat
Published 03 Apr, 2011 12:00am
Payable income tax: 15 percent surcharge applicable on all

Payable income tax: 15 percent surcharge applicable on all

The Federal Board of Revenue (FBR) has said that imposition of 15 percent surcharge on the amount of payable income tax for the period from March 15, 2011 to June 30, 2011 is applicable on all income tax payers, whether individual, association of persons
Published 03 Apr, 2011 12:00am
Payable income tax: 15 percent surcharge applicable on all

Payable income tax: 15 percent surcharge applicable on all

The Federal Board of Revenue (FBR) has said that imposition of 15 percent surcharge on the amount of payable income tax for the period from March 15, 2011 to June 30, 2011 is applicable on all income tax payers, whether individual, association of persons
Published 03 Apr, 2011 12:00am
Payable income tax: 15 percent surcharge applicable on all

Payable income tax: 15 percent surcharge applicable on all

The Federal Board of Revenue (FBR) has said that imposition of 15 percent surcharge on the amount of payable income tax for the period from March 15, 2011 to June 30, 2011 is applicable on all income tax payers, whether individual, association of persons
Published 03 Apr, 2011 12:00am
Textile industry: President takes notice of gas supply suspension

Textile industry: President takes notice of gas supply suspension

President Asif Ali Zardari has taken serious notice of the textile industry gas supply suspension and constituted a committee to oversee gas load management of SNGPL mandating that any further gas load shedding would be done with the approval of the commi
Published 03 Apr, 2011 12:00am
Textile industry: President takes notice of gas supply suspension

Textile industry: President takes notice of gas supply suspension

President Asif Ali Zardari has taken serious notice of the textile industry gas supply suspension and constituted a committee to oversee gas load management of SNGPL mandating that any further gas load shedding would be done with the approval of the commi
Published 03 Apr, 2011 12:00am
Textile industry: President takes notice of gas supply suspension

Textile industry: President takes notice of gas supply suspension

President Asif Ali Zardari has taken serious notice of the textile industry gas supply suspension and constituted a committee to oversee gas load management of SNGPL mandating that any further gas load shedding would be done with the approval of the commi
Published 03 Apr, 2011 12:00am
Positive idea to liberalise visa regime with Pakistan: India

Positive idea to liberalise visa regime with Pakistan: India

Indian Home Minister, P. Chidambaram said it is positive idea to further liberalise the visa regime with Pakistan and a Joint Working Group is being set up for the purpose. According to All India Radio report, Chidambaram said modalities and procedures wo
Published 03 Apr, 2011 12:00am
India bans Iran nuclear related trade

India bans Iran nuclear related trade

India has banned trade in all goods and services with Iran that could help Tehran pursue development of nuclear weapons, a government statement said. The changes were made in new foreign policy trade rules to conform with a UN Security Council resolution
Published 03 Apr, 2011 12:00am
India bans Iran nuclear related trade

India bans Iran nuclear related trade

India has banned trade in all goods and services with Iran that could help Tehran pursue development of nuclear weapons, a government statement said. The changes were made in new foreign policy trade rules to conform with a UN Security Council resolution
Published 03 Apr, 2011 12:00am
India bans Iran nuclear related trade

India bans Iran nuclear related trade

India has banned trade in all goods and services with Iran that could help Tehran pursue development of nuclear weapons, a government statement said. The changes were made in new foreign policy trade rules to conform with a UN Security Council resolution
Published 03 Apr, 2011 12:00am
India bans Iran nuclear related trade

India bans Iran nuclear related trade

India has banned trade in all goods and services with Iran that could help Tehran pursue development of nuclear weapons, a government statement said. The changes were made in new foreign policy trade rules to conform with a UN Security Council resolution
Published 03 Apr, 2011 12:00am
Release of containers: Afghan importers seek MoC, FBR help

Release of containers: Afghan importers seek MoC, FBR help

Afghan importers expressing serious concern over 6000 transit containers stuck at Karachi Port have requested the Ministry of Commerce and the Federal Board of Revenue (FBR) to take immediate steps to clear cargo for transit to Afghanistan.
Published 03 Apr, 2011 12:00am
Release of containers: Afghan importers seek MoC, FBR help

Release of containers: Afghan importers seek MoC, FBR help

Afghan importers expressing serious concern over 6000 transit containers stuck at Karachi Port have requested the Ministry of Commerce and the Federal Board of Revenue (FBR) to take immediate steps to clear cargo for transit to Afghanistan.
Published 03 Apr, 2011 12:00am
Release of containers: Afghan importers seek MoC, FBR help

Release of containers: Afghan importers seek MoC, FBR help

Afghan importers expressing serious concern over 6000 transit containers stuck at Karachi Port have requested the Ministry of Commerce and the Federal Board of Revenue (FBR) to take immediate steps to clear cargo for transit to Afghanistan.
Published 03 Apr, 2011 12:00am
LDA demolishes nine illegal buildings

LDA demolishes nine illegal buildings

The Staff of the Town Planning Wing of Lahore Development Authority (LDA) has demolished as many as nine buildings being illegally constructed in PIA Housing Scheme besides sealing another four on the Main Boulevard of the said scheme on Saturday.
Published 03 Apr, 2011 12:00am
Need stressed for private sector bodies' cooperation with farmers

Need stressed for private sector bodies' cooperation with farmers

Advisor to Punjab Chief Minister, Zulfiqar Ali Khan Khosa, has said that business organisations associated with agriculture sector, besides promoting their products, should also extend practical co-operation for increasing agriculture production and achie
Published 03 Apr, 2011 12:00am
Lahore shopping festival begins today

Lahore shopping festival begins today

The Lahore shopping festival will begin on Sunday (today) at Polo Club, Race Course Park (Ghulam Gillani Park). The festival is being jointly organised by the Lahore Chamber of Commerce and Industry (LCCI) and the Punjab government. Chief Minister of Punj
Published 03 Apr, 2011 12:00am
Chief Justice LHC constitutes 6 DBs, 12 SBs

Chief Justice LHC constitutes 6 DBs, 12 SBs

Chief Justice Lahore High Court (LHC) here on Saturday constituted 6 division benches (DBs) and 12 single benches (SBs) for disposal of the cases pending with the principal seat for week commencing from April 04. The DBs are headed by Chief Justice Ijaz A
Published 03 Apr, 2011 12:00am
ECO science foundation to be functional from April 12

ECO science foundation to be functional from April 12

The first meeting of the board of Trustees of the Economic Co-operation Organisation (ECO) Science Foundation, being established by the ECO member states, will be held in Islamabad on 12th April. The major objective of this foundation is to promote Scienc
Published 03 Apr, 2011 12:00am
Bangladesh offers new business corridor to Pakistani investors

Bangladesh offers new business corridor to Pakistani investors

Honorary Consul General of Bangladesh in Punjab, Qazi Humayun Fareed and his wife Begum Irshad Humayun hosted a reception on the occasion of National Day of Bangladesh. The Bangladesh High Commissioner in Pakistan H E Suhrab Hossain, his wife Rawshanara H
Published 03 Apr, 2011 12:00am
Notorious criminal gang busted, valuables recovered

Notorious criminal gang busted, valuables recovered

Sialkot police have launched a vigorous drive against criminals to protect the life and property of citizen. Police have also focused to unearth active gangs involved in street crime and robberies, which are on the rise in and around Sialkot, said Additio
Published 03 Apr, 2011 12:00am
Government urged to withdraw POL price hike

Government urged to withdraw POL price hike

A meeting of Pakistan Workers Federation (PWF) was held on recent price increase in petrol prices here in Bakhtiar Hall on Saturday. PWF has asked the government to withdraw the recent hike in POL prices, as the increase would result in already higher inf
Published 03 Apr, 2011 12:00am
'Budget cuts to affect quality of education badly'

'Budget cuts to affect quality of education badly'

Dissolving of the Higher Education Commission (HEC) will affect the quality of education badly because of lack of monitoring on educational institutes and the students will prefer private universities to government universities.
Published 03 Apr, 2011 12:00am
Doctors' strike across Punjab: government gives doctors 24-hour deadline

Doctors' strike across Punjab: government gives doctors 24-hour deadline

Punjab government has warned doctors observing strike across the province to join their duties within 24 hours, otherwise, law would take its due course. Punjab government has already declared services of the doctors attached to health department essentia
Published 03 Apr, 2011 12:00am
Concerns voiced on increase in POL prices

Concerns voiced on increase in POL prices

The business community has criticised the government for making bulk increase in petroleum prices and termed it a very bad news for the country's economy which is already facing a number of challenges. Multan Chambers of Commerce and Industry (MCCI) calle
Published 03 Apr, 2011 12:00am
Policeman arrested over dacoity charge

Policeman arrested over dacoity charge

The police, who are supposed to enforce law, protect property and reduce civil disorder, have now turned to be ravagers for the society as another policeman was arrested over the charge of dacoity within the limits of Gulshan Iqbal police station.
Published 03 Apr, 2011 12:00am
Holiday in Sindh on April 4

Holiday in Sindh on April 4

Sindh minister for law and parliamentary affairs, Muhammad Ayaz Soomro on Saturday announced public holiday in Sindh on April 4, 2011 on the occasion of death anniversary of founding chairman of Pakistan Peoples' Party (PPP), former prime minister Zulfika
Published 03 Apr, 2011 12:00am
School facing severe shortage of staff

School facing severe shortage of staff

There are only four rooms for seven classes in BMB Government Girls Primary School. A survey of the school revealed, here on Saturday. The school is situated on the Metropolitan Artillery Ground adjacent to Burns Road. It has 140 students of class one to
Published 03 Apr, 2011 12:00am
Fateh Group signs contract with Chinese group

Fateh Group signs contract with Chinese group

Fateh Group Hyderabad has signed a contract with China Yongxing Boiler Group for the Purchase of a coal fired Boiler for 16 MW capacity power plant at a cost of US $7.5 Million.The Contract was signed by Yongxing Wang, Chairman Yongxing Boiler Group, Chin
Published 03 Apr, 2011 12:00am
Hike in POL prices: Transporters may go on strike

Hike in POL prices: Transporters may go on strike

President Karachi Transport Ittehad (KTI) Syed Irshad Hussain Bukhari on Saturday warned the government that public transport operators might go on strike for indefinite period if recent hike in petroleum prices was not withdrawn.
Published 03 Apr, 2011 12:00am
Journalist gunned down in Lyari

Journalist gunned down in Lyari

A crime reporter of a local daily was shot dead in Lea Market in the limits of Baghdadi Police Station on Saturday, police said. SHO Baghdadi Police Station Saeed Rind said that unidentified armed men riding a bike opened indiscriminate fire on Zaman Khan
Published 03 Apr, 2011 12:00am
Transfers, postings: IR and Customs Members' powers withdrawn

Transfers, postings: IR and Customs Members' powers withdrawn

The FBR Board-in-Council on Saturday in a surprise move withdrew the powers of Member Inland Revenue and Member Customs to transfer and post tax officials. Sources told Business Recorder here on Saturday that the FBR called an urgent Board-in-Counc
Published 03 Apr, 2011 12:00am
Thar coal power project to be launched next month

Thar coal power project to be launched next month

The First phase of the project to generate electricity from Thar coal will be launched next month. This was stated by the Secretary of Sindh Coal Authority, Aijaz Ali Khan, here on Saturday while briefing the participants of 94th National Management Cours
Published 03 Apr, 2011 12:00am
MQM to protect business community from extortionists: Farooq

MQM to protect business community from extortionists: Farooq

Deputy Convenor Rabita Committee of Muttahida Qaumi Movement (MQM) Dr Farooq Sattar has assured that MQM would support and protect business community from extortionists. Talking to newsmen during a visit to motorcycle spare parts market here on Saturday,
Published 03 Apr, 2011 12:00am
Kirmani elected NBP director

Kirmani elected NBP director

Tariq Kirmani was elected unopposed as director of National Bank of Pakistan (NBP) representing private shareholders. According to NBP here on Saturday, his election was made at the 62nd annual general meeting of the bank, as one nomination was withdrawn
Published 03 Apr, 2011 12:00am
AVCC arrests notorious criminal

AVCC arrests notorious criminal

Anti Violent Crime Cell (AVCC) on Saturday claimed to have arrested a notorious criminal and seized huge cache of weapons. According to the details, a team of AVCC, headed by DSP Rao Aslam, conducted a raid on a tip-off at New Karachi area and arrested a
Published 03 Apr, 2011 12:00am
Naek meets Fazl

Naek meets Fazl

Chairman Senate, Farooq H. Naek visited residence of Maulana Fazl-ul-Rehman, Saturday to inquire about the wellbeing of Jamiyat Ulma-e-Islam (JUI-F) chief who was recently targeted by suicide attackers in Swabi and Charsadda. Naek condemned the attack and
Published 03 Apr, 2011 12:00am
Masood advocates Chinese model for economic prosperity

Masood advocates Chinese model for economic prosperity

Pakistan's Ambassador in China Masood Khan has urged the Pakistan government to study the Chinese model and apply the same to bring economic prosperity in the country. Talking to a private news channel, Masood Khan said that initially China followed the S
Published 03 Apr, 2011 12:00am
ITP driving licence service resumes operation

ITP driving licence service resumes operation

After a two-month long row between Finance Ministry and Islamabad Traffic Police (ITP) the driving license service was resumed in Federal Capital with a new fee structure for different categories. The Public Accounts Committee (PAC) had raised the issue o
Published 03 Apr, 2011 12:00am
Development of Balochistan priority of government: Gilani

Development of Balochistan priority of government: Gilani

Prime Minister Yousuf Raza Gilani has said the development of Balochistan is priority of the government adding the introduction of Aghaz-e-Haqooe-e-Balochistan is the manifestation of the stern resolve of the government. The prime minister further said th
Published 03 Apr, 2011 12:00am
PIA establishes planetarium in Peshawar

PIA establishes planetarium in Peshawar

Khyber Pakhtunkhwa (KP) Minister for Information Iftikhar Hussein on Wednesday formally inaugurated PIA Planetarium at Hayatabad, Peshawar. The Planetarium has been sponsored and is operated by Pakistan International Airlines. Chairman of PIA Institute of
Published 03 Apr, 2011 12:00am
Special polio eradication campaign from April 4

Special polio eradication campaign from April 4

A special three-day immunisation campaign would start from April 4 in 13 high risk districts of Khyber Pakhtunkhwa included Chitral, Swat, Peshawar, Charssdda, Nowshera, Mardan Kohat, Hangu, Karak, Bannu, Lakki Marwat, Tank and DI Khan. The campaign would
Published 03 Apr, 2011 12:00am
Iesco power shut notice

Iesco power shut notice

According to Iesco spokesman, due to electricity maintenance/development work the power supply of the areas fall under the following feeders would remain suspended as under:
Published 03 Apr, 2011 12:00am
POL prices' raise pushes up all commodities, services rates

POL prices' raise pushes up all commodities, services rates

Prices of essential commodities and other items have seen across-the-board increase after increase in petroleum products prices, according to a survey carried out by Business Recorder on Saturday. The traders have increased the prices of a number o
Published 03 Apr, 2011 12:00am
Temperature to rise in Punjab, Sindh

Temperature to rise in Punjab, Sindh

Pakistan Meteorological Department (PMD) on Saturday forecast dry weather for most of the country with rise in temperature from 2-4 degrees celsius in Punjab and Sindh during next few days. An official of Met Office told APP that there are no chances of r
Published 03 Apr, 2011 12:00am
1,757 Afghans voluntarily repatriated during March: UNHCR

1,757 Afghans voluntarily repatriated during March: UNHCR

The United Nations High Commissioner for Refugees (UNHCR) has repatriated 1,757 Afghans refugees to their home country during March. The UNHCR resumed its voluntary repatriation programme on March 1 via Quetta and Peshawar. According to an UNHCR spokesman
Published 03 Apr, 2011 12:00am
AusAID Scholarships Alumni Association launched

AusAID Scholarships Alumni Association launched

The AusAID Scholarships Alumni-Pakistan (ASA-Pakistan) Association was launched here on Saturday by Australian High Commissioner to Pakistan Tim George at a simple ceremony. The event was attended by alumni from all over Pakistan who have completed their
Published 03 Apr, 2011 12:00am
International course on Express Post concludes

International course on Express Post concludes

A three-week international course on Express Post in Competition with Private Courier Services, which started from March 14, 2011, concluded here in Postal Staff College on Saturday. Fifteen Postal Officers from foreign countries including Sri Lanka, Tanz
Published 03 Apr, 2011 12:00am
US needs to revisit its Pakistan policy

US needs to revisit its Pakistan policy

Ever since the controversial release of CIA contractor Raymond Davis and the American gratitude by way of killing some 40 innocent civilians in a merciless drone attack, the Pakistani Establishment has arrived at a puzzling crossroad; the only road before
Published 03 Apr, 2011 12:00am
Indo-Pak interior secretaries' meeting

Indo-Pak interior secretaries' meeting

The first time Indian Home Secretary GK Pillai appeared on the public radar in Pakistan was his 'pre-emptive' comment on the eve of a meeting of the foreign ministers of Pakistan and India. His comment was too vicious and our then Foreign Minister Shah Me
Published 03 Apr, 2011 12:00am
Zero-rating regime

Zero-rating regime

Pakistan is one of the countries having a very low Tax-to-GDP ratio. International institutions such as IMF and World Bank have been urging the government to mobilise its resources to enhance tax revenue base and bridge the growing trade deficit significa
Published 03 Apr, 2011 12:00am
Why not co-exist

Why not co-exist

India is set on growth trajectory despite scandals and corruption, whilst we are going full speed astern, although we have the same mindset, culture, agriculture, corruption and close proximity with a common spoken language as lingua franca, which is the
Published 03 Apr, 2011 12:00am
Pakistan regains self-esteem

Pakistan regains self-esteem

Pakistan global image had been boosted as a sovereign nation blessed with self-esteem, following the summoning of US envoy to the Foreign Office (FO) for lodging a strong protest under Prime Minister Yousuf Raza Gillani's instructions, against the Dutta K
Published 03 Apr, 2011 12:00am
The energy crisis

The energy crisis

This has reference to your Editorial March 27. Ministry of Water and Power has forwarded a summary to the Prime Minister proposing a two-day weekly holiday and advancing Pakistan Standard Time by an hour to conserve electricity. There is no general agreem
Published 03 Apr, 2011 12:00am
Crude surges to 2-1/2 years high

Crude surges to 2-1/2 years high

New York oil prices surged Friday to the highest level in two-and-a-half years as Libyan dictator Moamer Kadhafi's forces regained ground against rebels. Libya, a key crude exporting nation in the Middle East and North Africa region, has seen its oil outp
Published 03 Apr, 2011 12:00am
US cotton sowing incentive modest

US cotton sowing incentive modest

The surge in cotton prices to unprecedented levels this year may take longer to correct than the rally in corn or soybeans, as US farmers who abandoned the crop years ago are slow to return. Cotton plantings in the world's biggest exporter are set to jump
Published 03 Apr, 2011 12:00am
China to buy, stockpile cotton to help farmers

China to buy, stockpile cotton to help farmers

China's government will begin a cotton purchase and reserve policy this year, its first such mechanism aimed at stabilising production, a top economic planning body said on Wednesday. The policy was launched just as Chinese cotton farmers start planting t
Published 03 Apr, 2011 12:00am
Japan's soyameal demand buoys India

Japan's soyameal demand buoys India

Japan imported about 60,000 tonnes soymeal from India this week, indicating a revival in demand after the twin disasters of an earthquake and tsunami, but import enquiries waned from major Asian wheat importers who have stocked up on the grain.There had b
Published 03 Apr, 2011 12:00am
Brazil sugar output seen at 34.6 million tonnes

Brazil sugar output seen at 34.6 million tonnes

Sugar output in Brazil's main center-south cane producing region is expected to reach a record 34.6 million tonnes in 2011/12 (April/March), up from 33.5 million tonnes this season, the Sugar Cane Industry Association (Unica) said Thursday.
Published 03 Apr, 2011 12:00am
Vietnamese rice prices extend gains

Vietnamese rice prices extend gains

Vietnamese rice prices rose further on Wednesday on loading demand from major buyers but Thai prices kept falling on thin demand as buyers switched to cheaper rice from Vietnam, traders said. Export quotations for 5 percent broken rice increased to $455-$
Published 03 Apr, 2011 12:00am
Uganda's sugar producers to invest $195 million

Uganda's sugar producers to invest $195 million

Uganda's three main raw sugar producers are planning to invest $195 million over the next two years to expand cane processing and power generation capacity at their plants, an industry report showed. East Africa's third-largest economy produced 350,000 to
Published 03 Apr, 2011 12:00am
US gold slips

US gold slips

Gold slipped on Friday as an encouraging US jobs report boosted the dollar, though eurozone debt worries and unrest in the Middle East lifted bullion off lows. Positive nonfarm payrolls and manufacturing data confirmed a strengthening US economy, but econ
Published 03 Apr, 2011 12:00am
Copper ends down

Copper ends down

Copper ended lower on Friday, building upon the 2.4-percent loss recorded in the first quarter, as a lull in Chinese buying and a rising trend in inventories continued to reflect near-term demand weakness. Copper's losses at the start of the new quarter b
Published 03 Apr, 2011 12:00am
Soyabean falls

Soyabean falls

Soyabean futures fell at the Chicago Board of Trade on Friday amid talk that China may have cancelled some supply purchases it made on the export market, trader said. Wheat futures also fell, pressured by profit-taking following strong gains on Thursday.
Published 03 Apr, 2011 12:00am
Capital police arrest 90 outlaws

Capital police arrest 90 outlaws

Islamabad Police have arrested over 90 outlaws involved in different crimes, besides 207 suspected persons and recovered seven cars, two Kalashnikov assault rifles, one gun (12-bore) 25 pistols (30-bore) and huge number of bullets from the detained outlaw
Published 03 Apr, 2011 12:00am
Three killed in bus-bike collision

Three killed in bus-bike collision

Three young men, including a local journalist, were killed in a head-on collision between a motorcycle and a bus in a nearby village on Saturday. According to police, journalist Muhammad Latif Rehmani and two others- Imtiaz Ahmed and Salman Ansari were on
Published 03 Apr, 2011 12:00am
Cash price to cricket team: application filed to restrain Shahbaz

Cash price to cricket team: application filed to restrain Shahbaz

An application against Chief Minister Punjab Shahbaz Sharif has been filed praying to restrain him from giving cash prize to members Pakistan Cricket Team and arranging a party in their honour. The petitioner Muhammad Iftikhar Hussain Rajput, submitted th
Published 03 Apr, 2011 12:00am
Senior doctors still performing duties

Senior doctors still performing duties

Despite strike of young doctors in teaching hospitals, senior doctors performed duties in outdoor and emergency ward of hospitals and provided medical treatment to 5,583 patients in emergency and 7,770 in outdoor. Administration of hospitals denied the ne
Published 03 Apr, 2011 12:00am
Transport fares up in Multan

Transport fares up in Multan

In the wake of hike in petroleum prices, transporters have increased fares at inter-city routes across the country by 15 percent. This 15 percent rise will also be applicable to goods transportation. The fare for Muzaffargarh has been increased to rupees
Published 03 Apr, 2011 12:00am
SCCI demands withdrawal of POL price hike

SCCI demands withdrawal of POL price hike

President, Sialkot Chamber of Commerce and Industry (SCCI), Ghulam Mustafa Chaudhry has strongly criticised the OGRA's decision of increasing petroleum prices by 9 to 13 percent and stressed that the price increase must be withdrawn immediately.
Published 03 Apr, 2011 12:00am
Malik Saad Trust to establish 50 more sports academies

Malik Saad Trust to establish 50 more sports academies

Malik Saad (Shaheed) Memorial Sports Trust has approved proposal for establishment of 50 more sports academies besides entities making the 42 existing entities more efficient and extension of its services to FATA as well.
Published 03 Apr, 2011 12:00am
Medical science: health experts urged to get familiar with latest trends

Medical science: health experts urged to get familiar with latest trends

Speakers here at the 12th biennial convention of Pakistan Islamic Medical Association (Pima) urged health experts to be familiar with the latest tends in medical science to give comfort to the ailing humanity by soothing their miseries in a professional m
Published 03 Apr, 2011 12:00am
Educational sector to remain closed in Sindh on April 4

Educational sector to remain closed in Sindh on April 4

The public and private educational institutions in Sindh will remain closed on April 4 on account of 32nd death anniversary of Shaheed Zulfikar Ali Bhutto. This was announced by the Education and Literacy Department, Government of Sindh, here on Saturday.
Published 03 Apr, 2011 12:00am
Dawood Public School organises blood donation camp

Dawood Public School organises blood donation camp

Dawood Public School in collaboration with Fatimid Blood Bank Saturday organised a blood donation camp and highlighted advantages of the donation. The students participated devotedly and encouraged their fellows to take part in the drive. Parents and teac
Published 03 Apr, 2011 12:00am
GCU to start plantation drive from April 4

GCU to start plantation drive from April 4

Government College University Lahore Botany Department is going to plant a record number of trees, as many as 11,000, at the university's 400-acre Kala Shah Kaku (KSK) Campus during its three day special plantation drive to be kicked off tomorrow (Monday)
Published 03 Apr, 2011 12:00am
10 die in Afghan protest against burning of Holy Quran

10 die in Afghan protest against burning of Holy Quran

Ten people died on Saturday in new protests against burning of a Holy Quran in the US, a day after seven UN staff were killed by a mob in the worst attack on the world body in Afghanistan since the 2001 invasion. The fresh protests began in the centre of
Published 03 Apr, 2011 12:00am
Thousands demonstrate in Germany over nuclear power

Thousands demonstrate in Germany over nuclear power

More than 10,000 people demonstrated across Germany on Saturday against the continued use of nuclear power, in the wake of Japan's ongoing nuclear emergency. Police counted more than 6,000 demonstrators in the city of Bremen, as well as 3,000 in Essen, wh
Published 03 Apr, 2011 12:00am
Dubai-Abu Dhabi highway pile-up; one killed

Dubai-Abu Dhabi highway pile-up; one killed

One person was killed and 61 injured after 127 vehicles piled up Saturday on the main highway between Dubai and Abu Dhabi because of heavy fog, police said. More than 200 ambulances and civil defence vehicles teamed up with the United Arab Emirates Armed
Published 03 Apr, 2011 12:00am
Dubai-Abu Dhabi highway pile-up; one killed

Dubai-Abu Dhabi highway pile-up; one killed

One person was killed and 61 injured after 127 vehicles piled up Saturday on the main highway between Dubai and Abu Dhabi because of heavy fog, police said. More than 200 ambulances and civil defence vehicles teamed up with the United Arab Emirates Armed
Published 03 Apr, 2011 12:00am
Israel urges UN to cancel Gaza war crimes report

Israel urges UN to cancel Gaza war crimes report

Israel on Saturday called on the UN to cancel a report which said it had committed war crimes during its December 2008-January 2009 Gaza offensive, after its author said he may have been wrong. South African jurist Richard Goldstone chaired a fact finding
Published 03 Apr, 2011 12:00am
Israeli air strike kills three in Gaza

Israeli air strike kills three in Gaza

Israeli aircraft killed three Palestinian gunmen in the southern Gaza Strip on Saturday, medical officials and the Israeli army said. Residents said the planes fired on a car in which the three men were travelling near the town of Khan Younis. An Israeli
Published 03 Apr, 2011 12:00am
Facebook sued for $1 billion over Intifada page

Facebook sued for $1 billion over Intifada page

Facebook and co-founder Mark Zuckerberg have been hit with a lawsuit seeking more than $1 billion in damages over a page on the social network which called for a "Third Intifada" against Israel. Facebook this week shut down the "Third Intifada" page, whic
Published 03 Apr, 2011 12:00am
Police break up opposition rally in Azerbaijan

Police break up opposition rally in Azerbaijan

Azeri police arrested dozens of opposition activists who tried to stage a protest rally in the centre of the oil-producing Muslim country's capital Baku on Saturday. Riot police seized protesters and pushed them into buses near Fountains Square in Baku, w
Published 03 Apr, 2011 12:00am
Medvedev orders Putin to start state board purge by July 1

Medvedev orders Putin to start state board purge by July 1

Russian President Dmitry Medvedev gave Prime Minister Vladimir Putin a July 1 deadline on Saturday to "initiate" the removal of top ministers from state company boards, including powerful Putin deputy Igor Sechin.
Published 03 Apr, 2011 12:00am
Yemen's Saleh again signals he's staying put

Yemen's Saleh again signals he's staying put

Embattled Yemeni President Ali Abdullah Saleh thanked thousands of supporters gathered near the presidential palace on Saturday for backing the constitution in a further sign he has no immediate plans to step down.
Published 03 Apr, 2011 12:00am
Turkey's Prime Minister says will prod Syria's Assad on reforms

Turkey's Prime Minister says will prod Syria's Assad on reforms

Turkey's Prime Minister Tayyip Erdogan said he would press Syria's President Bashar al-Assad to defuse unrest by making reforms sought by the Syrian people when he speaks to him on Monday, newspapers reported on Saturday.
Published 03 Apr, 2011 12:00am
Fighting rages in Ivory Coast, 800 dead in west

Fighting rages in Ivory Coast, 800 dead in west

Soldiers backing Alassane Ouattara met stiff resistance from incumbent Laurent Gbagbo's fighters in Ivory Coast's main city of Abidjan on Saturday as the two sides fought for control of the West African country. There was fighting around the Presidential
Published 03 Apr, 2011 12:00am
Coalition air strike hits Libya rebels, 13 dead

Coalition air strike hits Libya rebels, 13 dead

A Nato-led air strike killed 13 Libyan rebels in a "regrettable incident", a rebel spokesman said on Saturday, in an increasingly chaotic battle with Muammar Qadhafi's forces over the oil town of Brega. Despite the deaths on Friday night, the rebel leader
Published 03 Apr, 2011 12:00am
Saudi Arabia says 5,080 convicted of terrorism crimes

Saudi Arabia says 5,080 convicted of terrorism crimes

A total of 5,080 people have been convicted of terrorism crimes in Saudi Arabia, where al Qaeda launched a campaign in 2003 to overthrow the Western-allied monarchy, state media reported on Saturday. The reports did not give a time frame for the convictio
Published 03 Apr, 2011 12:00am
UAE forces move to free pirate-held vessel

UAE forces move to free pirate-held vessel

Counter-terrorism forces from the United Arab Emirates on Saturday began an operation to free an Abu Dhabi-owned ship seized by pirates, WAM state news agency said, quoting a military official. The special forces have moved to "take control of the MV Arri
Published 03 Apr, 2011 12:00am
US embassy convoy stoned in southern Lebanon

US embassy convoy stoned in southern Lebanon

A US embassy convoy in Lebanon was stoned on Saturday in the southern port city of Sidon by a group of unknown assailants, the embassy in the capital Beirut confirmed. The group threw stones at the convoy while it was touring a touristic area of Sidon, th
Published 03 Apr, 2011 12:00am
Malicious attack hits a million Web pages

Malicious attack hits a million Web pages

More than one million website pages have been hit by a sophisticated hacking attack that injects code into sites that redirect users to a fraudulent software sales operation. The so-called "mass-injection" attack, which experts say is the largest of its k
Published 03 Apr, 2011 12:00am
My proudest moment, says world beater Tendulkar

My proudest moment, says world beater Tendulkar

Sachin Tendulkar said Saturday's World Cup triumph was the proudest moment of his life as India beat Sri Lanka by six wickets to capture the "ultimate" prize after a gap of 28 years. "I couldn't have asked for more," said Tendulkar, as his teammates carri
Published 03 Apr, 2011 12:00am
India deserved to win, says Sangakkara

India deserved to win, says Sangakkara

Sri Lanka captain Kumar Sangakkara said his team were disappointed at missing out on a second World Cup title but proud to go down to a team that deserved victory more. "I am very proud of everyone in the team, especially Mahela (Jayawardene) who rose up
Published 03 Apr, 2011 12:00am
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