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Archive - 2011-04-11
Pak economy shows signs of recovery
Top News

Pak economy shows signs of recovery

ISLAMABAD: Despite the devastation caused by floods of previous year and the constrained availability of energy, the eco
Published 11 Apr, 2011 09:11pm
White House warns of debt 'Armageddon'
Top News

White House warns of debt 'Armageddon'

WASHINGTON: The White House warned Republicans on Monday that failing to raise the $14.29 trillion US debt limit would
Published 11 Apr, 2011 07:57pm
Qadhafi stepping down 'ridiculous': son
Top News

Qadhafi stepping down 'ridiculous': son

PARIS: Moamer Qadhafi's son Seif al-Islam admitted Monday that it was time for "new blood" in his country's leadership b
Published 11 Apr, 2011 07:06pm
Gold slips at Rs 39,771
Top News

Gold slips at Rs 39,771

KARACHI: Gold slipped by Rs 86 to Rs 39,771 per 10 grams in local bullion market Monday, as its international price also
Published 11 Apr, 2011 03:28pm
Water in Tarbela Dam touches dead level
Top News

Water in Tarbela Dam touches dead level

ISLAMABAD: The water level in Tarbela Dam touched dead level of 1378 feet on Monday while water level is 44.35 feet ab
Published 11 Apr, 2011 12:51pm
Rajasthan post second IPL win
Cricket

Rajasthan post second IPL win

JAIPUR: Shane Warne's Rajasthan Royals thrashed Delhi Daredevils by six wickets to pocket their second successive victor
Published 11 Apr, 2011 12:19pm
France bans the burqa
Europe

France bans the burqa

PARIS: France home to Europe's biggest Muslim population -- on Monday officially banned women from wearing full-face vei
Published 11 Apr, 2011 10:41am
SBP revises criteria for Islamic banks
Top News

SBP revises criteria for Islamic banks

KARACHI: State Bank of Pakistan (SBP) has revised the criteria for setting up of branches by Islamic banks. According t
Published 11 Apr, 2011 10:40am
SOCAR Trading appoints new head
Energy

SOCAR Trading appoints new head

SINGAPORE: The trading arm of Azerbaijan's state oil company SOCAR has hired industry veteran Anthony Poon as the head o
Published 11 Apr, 2011 10:31am
DG FIA calls on PM Gilani
Top News

DG FIA calls on PM Gilani

ISLAMABAD: Malik Muhammad Iqbal, Director General Federal Investigation Agency (FIA) on Monday called on Prime Minister
Published 11 Apr, 2011 10:23am
Bombs kill 10 in Iraq, 36 wounded
Top News

Bombs kill 10 in Iraq, 36 wounded

  BAGHDAD: Ten people were killed by bombs and a gun attack in Iraq on Monday, five of them policemen, said an offici
Published 11 Apr, 2011 10:00am
Policy not aimed at aiding govt finance
Top News

Policy not aimed at aiding govt finance

TOKYO: Bank of Japan Governor Masaaki Shirakawa on Monday reiterated that the central bank does not aim monetary policy
Published 11 Apr, 2011 09:22am
Israel should topple Hamas: Lieberman
Top News

Israel should topple Hamas: Lieberman

JERUSALEM: Israel should not settle for a truce with Hamas in Gaza, and should instead seek to topple the Islamist ruler
Published 11 Apr, 2011 08:05am
Japanese shares lower at noon
Financial

Japanese shares lower at noon

TOKYO: Japanese shares fell by noon Monday, with weaker-than-expected machinery orders in February and continued post-ea
Published 11 Apr, 2011 06:27am
China savages 'poor' US rights record
Top News

China savages 'poor' US rights record

BEIJING: US society is plagued by violent crime, poverty, race and gender discrimination and a host of other ills, Beiji
Published 11 Apr, 2011 06:16am
Gunfight in Pakistan kills four: police
Top News

Gunfight in Pakistan kills four: police

PESHAWAR: Three militants and a policeman were killed in a pre-dawn gunfight in Pakistan's north western city of Peshawa
Published 11 Apr, 2011 05:48am
To devolve or not to devolve
BR Research

To devolve or not to devolve

Corruption, failures, terrorism and more failures are common terms Pakistan is fashionably known for around the globe. The Higher Education
Published 11 Apr, 2011 12:00am
KSE: Mise en place for a whip up
BR Research

KSE: Mise en place for a whip up

The countdown to budget FY12 has begun. And along with it should come the typical pre-budget uncertainty at the Karachi equity bourse, as is
Published 11 Apr, 2011 12:00am
Income loss linked to risk of mental disorders

Income loss linked to risk of mental disorders

People with a recent drop in income are more likely to suffer from depression, anxiety disorders, and drug abuse, according to a new study. The researchers also found that people in the lowest income brackets had higher overall rates of attempted suicide,
Published 11 Apr, 2011 12:00am
Exercise preserves heart muscle

Exercise preserves heart muscle

Consistent lifelong exercise preserves heart muscle in the elderly to levels that match or even exceed that of healthy young sedentary people, a surprising finding that underscores the value of regular exercise training, according to a new study.
Published 11 Apr, 2011 12:00am
Ozone depletion over Arctic at record level

Ozone depletion over Arctic at record level

Depletion of the ozone layer over the Arctic has reached record levels, the UN weather agency WMO said on April 05, blaming harmful substances in the atmosphere and a very cold winter. The Arctic ozone layer suffered a loss of about 40 percent from the be
Published 11 Apr, 2011 12:00am
Angioplasty safe alternative to bypass surgery

Angioplasty safe alternative to bypass surgery

People who suffer from serious heart disease could benefit similarly from balloon angioplasty as from major open heart surgery, said a study released by South Korean researchers on April 04.
Published 11 Apr, 2011 12:00am
Mangroves shield against global warming

Mangroves shield against global warming

Mangroves, which have declined by up to half over the last 50 years, are an important bulkhead against climate change, a study released has shown for the first time. Destruction of these tropical coastal woodlands accounts for about 10 percent of carbon d
Published 11 Apr, 2011 12:00am
Meditation a powerful tool against pain

Meditation a powerful tool against pain

Meditation can deliver powerful pain-relieving effects to the brain with even just 80 minutes' training for a beginner in an exercise called focused attention, a study released on April 05 found. "This is the first study to show that only a little over an
Published 11 Apr, 2011 12:00am
Yoga halves irregular heartbeat

Yoga halves irregular heartbeat

Yoga, already proven to lower high blood pressure and cholesterol levels, can cut in half the risk of a common and potentially dangerous irregular heartbeat, according to a US study. The small study was the first to examine the benefits of yoga on atrial
Published 11 Apr, 2011 12:00am
Gas pipeline blown up in Dera Bugti

Gas pipeline blown up in Dera Bugti

Unknown men blew up natural gas supply pipeline in Loti area of Dera Bugti district on Sunday. "Unidentified armed men planted explosive material with an eight-inch diameter gas supply pipeline and detonated it with remote control," Levies sources said ad
Published 11 Apr, 2011 12:00am
Doctors urged to improve attendance at hospitals

Doctors urged to improve attendance at hospitals

A meeting chaired by Deputy Commissioner Quetta, Captain Muhammad Tariq Zehri (retd) urged doctors to ensure their attendance at their respective hospitals and health centres. According to a statement, here on Sunday, the commissioner also emphasised the
Published 11 Apr, 2011 12:00am
Taj Haider meets JI leaders

Taj Haider meets JI leaders

Secretary General, Pakistan People's Party Sindh, Taj Haider visited Idara-e-Noor-e-Haq, the Jamaat-e-Islami office in the city on Sunday and held meeting with chief of JI Karachi Muhammad Hussain Mehnati and other leaders.
Published 11 Apr, 2011 12:00am
Housing census progress in Hyderabad reviewed

Housing census progress in Hyderabad reviewed

Sindh Minister for Fisheries Zahid Ali Bhurgri, who is also President of Pakistan Peoples Party of the district Sunday reviewed progress of the ongoing House Census. Bhurgri visited all areas of Union Council 1 Taluka Qasimabad including Sheedi Village, S
Published 11 Apr, 2011 12:00am
State Bank's assessment of the economy

State Bank's assessment of the economy

Although the State Bank believes that pessimism following the catastrophic floods in August has started to dissipate, yet its prognosis of the economy continues to be bleak. According to the SBP's quarterly report released on 8th April, its earlier growth
Published 11 Apr, 2011 12:00am
Rumours of change of government

Rumours of change of government

President Asif Ali Zardari has, by publicly voicing a rumour swirling in the federal capital, once again elevated it to the realm of the possible. Like in the past there was a recurring theme and venue: imminent fall of his government at the mausoleum of
Published 11 Apr, 2011 12:00am
Japan's post-disaster economy faces electric shock

Japan's post-disaster economy faces electric shock

Japan's economy, the world's third-largest, has been in trouble for nearly a generation, but nothing prepared it for the brutal impact of power shortages following the March 11 disaster.
Published 11 Apr, 2011 12:00am
HRM significance and SME sector

HRM significance and SME sector

In the era of globalisation, business environment becomes highly dynamic with high risk and uncertainty. This uncertainty decreases market share and increases organisational inefficiency.
Published 11 Apr, 2011 12:00am
Insurgents in Pakistan

Insurgents in Pakistan

A news item; Pakistan lacks clear plan to defeat insurgents: US. True; that because, somehow, Pakistan gets shy of identifying the threads leading to the subversive activities carried out by the TTP, RAW, Mossad and CIA.
Published 11 Apr, 2011 12:00am
Everyday is a holiday!

Everyday is a holiday!

I was shocked to hear that our government is considering announcing possibly two holidays in a week. We, the people of Sindh, particularly those who live in Karachi, enjoy more holidays than any nation on earth. A bunch of sensible national, religious and
Published 11 Apr, 2011 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (April 4 to 9, 2011)

Published 11 Apr, 2011 12:00am
The Weather

The Weather

The weather report on Sunday (April 10, 2011) and the forecast for Monday (April 11, 2011).

Published 11 Apr, 2011 12:00am
MQM will bring peaceful revolution, says Altaf

MQM will bring peaceful revolution, says Altaf

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has said that his party would bring a peaceful revolution to empower the talented youth of Punjab who have long been deprived of their rights by the feudal and other hegemonic powers.
Published 11 Apr, 2011 12:00am
MQM will bring peaceful revolution, says Altaf

MQM will bring peaceful revolution, says Altaf

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has said that his party would bring a peaceful revolution to empower the talented youth of Punjab who have long been deprived of their rights by the feudal and other hegemonic powers.
Published 11 Apr, 2011 12:00am
THE RUPEE: firm versus dollar

THE RUPEE: firm versus dollar

The rupee touched two-month high on both interbank and open currency markets market during the week ended on April 9, 2011. On the interbank market, the rupee recovered 43 paisa in relation to dollar for buying and selling at 84.97 and 85.02.
Published 11 Apr, 2011 12:00am
THE RUPEE: firm versus dollar

THE RUPEE: firm versus dollar

The rupee touched two-month high on both interbank and open currency markets market during the week ended on April 9, 2011. On the interbank market, the rupee recovered 43 paisa in relation to dollar for buying and selling at 84.97 and 85.02.
Published 11 Apr, 2011 12:00am
AU mediators in Libya as Nato hits tanks

AU mediators in Libya as Nato hits tanks

A high-ranking African Union delegation arrived in Libya on Sunday to try to broker a truce between Moammer Qadhafi and rebels seeking to oust him, and as air strikes took out 26 loyalist tanks. The peace mission came as Nato warplanes were in action agai
Published 11 Apr, 2011 12:00am
AU mediators in Libya as Nato hits tanks

AU mediators in Libya as Nato hits tanks

A high-ranking African Union delegation arrived in Libya on Sunday to try to broker a truce between Moammer Qadhafi and rebels seeking to oust him, and as air strikes took out 26 loyalist tanks. The peace mission came as Nato warplanes were in action agai
Published 11 Apr, 2011 12:00am
Mubarak summoned in deaths, graft probes

Mubarak summoned in deaths, graft probes

Egypt's public prosecutor on Sunday summoned Hosni Mubarak as part of probes into the killing of protesters and the embezzlement of public funds, but the ousted former president said allegations against him of wrongdoing were lies.
Published 11 Apr, 2011 12:00am
Mubarak summoned in deaths, graft probes

Mubarak summoned in deaths, graft probes

Egypt's public prosecutor on Sunday summoned Hosni Mubarak as part of probes into the killing of protesters and the embezzlement of public funds, but the ousted former president said allegations against him of wrongdoing were lies.
Published 11 Apr, 2011 12:00am
Iran expels three Kuwaiti diplomats

Iran expels three Kuwaiti diplomats

Iran has expelled three Kuwaiti diplomats in a tit-for-tat move after the Gulf emirate said it would throw out three Iranian diplomats in a row over spy allegations, a Kuwaiti official said on Sunday. "Iran has expelled three Kuwaiti diplomats, and they w
Published 11 Apr, 2011 12:00am
Iran expels three Kuwaiti diplomats

Iran expels three Kuwaiti diplomats

Iran has expelled three Kuwaiti diplomats in a tit-for-tat move after the Gulf emirate said it would throw out three Iranian diplomats in a row over spy allegations, a Kuwaiti official said on Sunday. "Iran has expelled three Kuwaiti diplomats, and they w
Published 11 Apr, 2011 12:00am
FBR invites experts to evaluate PaCCS

FBR invites experts to evaluate PaCCS

The Federal Board of Revenue (FBR) has reportedly invited experts to determine the present value of Pakistan Automated Customs Computerised System (PaCCS) to purchase the automated system. According to Rizwan Khadim Rathore, President of 'PaCCS Users Club
Published 11 Apr, 2011 12:00am
FBR invites experts to evaluate PaCCS

FBR invites experts to evaluate PaCCS

The Federal Board of Revenue (FBR) has reportedly invited experts to determine the present value of Pakistan Automated Customs Computerised System (PaCCS) to purchase the automated system. According to Rizwan Khadim Rathore, President of 'PaCCS Users Club
Published 11 Apr, 2011 12:00am
FBR invites experts to evaluate PaCCS

FBR invites experts to evaluate PaCCS

The Federal Board of Revenue (FBR) has reportedly invited experts to determine the present value of Pakistan Automated Customs Computerised System (PaCCS) to purchase the automated system. According to Rizwan Khadim Rathore, President of ''PaCCS Users Clu
Published 11 Apr, 2011 12:00am
83 million CNICs: over 0.7 million rich persons identified

83 million CNICs: over 0.7 million rich persons identified

The data of 83 million computerised national identity card numbers (CNICs) has been analysed by the Federal Board of Revenue (FBR) and the National Database and Registration Authority (Nadra) to identify 700,896 potential persons under the exercise of nat
Published 11 Apr, 2011 12:00am
83 million CNICs: over 0.7 million rich persons identified

83 million CNICs: over 0.7 million rich persons identified

The data of 83 million computerised national identity card numbers (CNICs) has been analysed by the Federal Board of Revenue (FBR) and the National Database and Registration Authority (Nadra) to identify 700,896 potential persons under the exercise of nat
Published 11 Apr, 2011 12:00am
83 million CNICs: over 0.7 million rich persons identified

83 million CNICs: over 0.7 million rich persons identified

The data of 83 million computerised national identity card numbers (CNICs) has been analysed by the Federal Board of Revenue (FBR) and the National Database and Registration Authority (Nadra) to identify 700,896 potential persons under the exercise of nat
Published 11 Apr, 2011 12:00am
Gilani forms Energy Council

Gilani forms Energy Council

Prime Minister Yousuf Raza Gilani on Sunday announced the formation of a Government-Industry Energy Council (GIEC) with the mandate to prepare recommendations to address the energy crisis in the country. Addressing the inaugural session of three-day 'Ener
Published 11 Apr, 2011 12:00am
Gilani forms Energy Council

Gilani forms Energy Council

Prime Minister Yousuf Raza Gilani on Sunday announced the formation of a Government-Industry Energy Council (GIEC) with the mandate to prepare recommendations to address the energy crisis in the country. Addressing the inaugural session of three-day 'Ener
Published 11 Apr, 2011 12:00am
Gilani forms Energy Council

Gilani forms Energy Council

Prime Minister Yousuf Raza Gilani on Sunday announced the formation of a Government-Industry Energy Council (GIEC) with the mandate to prepare recommendations to address the energy crisis in the country. Addressing the inaugural session of three-day ''Ene
Published 11 Apr, 2011 12:00am
Budget to be prepared after parties' consultation: Prime Minister

Budget to be prepared after parties' consultation: Prime Minister

Prime Minister Yousaf Raza Gilani has said that the budget for next fiscal year would be prepared after consultation with all political parties. Talking to media here on Sunday after addressing the Pakistan Energy Conference as chief guest, he said that h
Published 11 Apr, 2011 12:00am
Budget to be prepared after parties' consultation: Prime Minister

Budget to be prepared after parties' consultation: Prime Minister

Prime Minister Yousaf Raza Gilani has said that the budget for next fiscal year would be prepared after consultation with all political parties. Talking to media here on Sunday after addressing the Pakistan Energy Conference as chief guest, he said that h
Published 11 Apr, 2011 12:00am
Budget to be prepared after parties'' consultation: Prime Minister

Budget to be prepared after parties'' consultation: Prime Minister

Prime Minister Yousaf Raza Gilani has said that the budget for next fiscal year would be prepared after consultation with all political parties. Talking to media here on Sunday after addressing the Pakistan Energy Conference as chief guest, he said that h
Published 11 Apr, 2011 12:00am
Evidence against 9/11 plotters revealed

Evidence against 9/11 plotters revealed

US prosecutors compiled lots of evidence against the five men accused of having organised the September 11 attacks on the United States, but not until this week have details been fully revealed.
Published 11 Apr, 2011 12:00am
Evidence against 9/11 plotters revealed

Evidence against 9/11 plotters revealed

US prosecutors compiled lots of evidence against the five men accused of having organised the September 11 attacks on the United States, but not until this week have details been fully revealed.
Published 11 Apr, 2011 12:00am
Mixed trend on KSE

Mixed trend on KSE

Mixed trend was witnessed at Karachi Stock Exchange during the week ended on April 8, 2011, and the KSE-100 index closed at 11,905.87 level with a paltry gain of 20.23 points. Foreign inflows continued to support the market with a fresh net inflow of $3.4
Published 11 Apr, 2011 12:00am
Mixed trend on KSE

Mixed trend on KSE

Mixed trend was witnessed at Karachi Stock Exchange during the week ended on April 8, 2011, and the KSE-100 index closed at 11,905.87 level with a paltry gain of 20.23 points. Foreign inflows continued to support the market with a fresh net inflow of $3.4
Published 11 Apr, 2011 12:00am
Mixed trend on KSE

Mixed trend on KSE

Mixed trend was witnessed at Karachi Stock Exchange during the week ended on April 8, 2011, and the KSE-100 index closed at 11,905.87 level with a paltry gain of 20.23 points. Foreign inflows continued to support the market with a fresh net inflow of $3.4
Published 11 Apr, 2011 12:00am
11.8 percent rise in futures open interest

11.8 percent rise in futures open interest

The total open interest position at the futures counter increased by 11.8 percent to Rs 1.48 billion during the week ended on April 8, 2011. The futures spread also surged by 176bps to 9.69 percent. Trading, however, remained low and the average daily vol
Published 11 Apr, 2011 12:00am
11.8 percent rise in futures open interest

11.8 percent rise in futures open interest

The total open interest position at the futures counter increased by 11.8 percent to Rs 1.48 billion during the week ended on April 8, 2011. The futures spread also surged by 176bps to 9.69 percent. Trading, however, remained low and the average daily vol
Published 11 Apr, 2011 12:00am
11.8 percent rise in futures open interest

11.8 percent rise in futures open interest

The total open interest position at the futures counter increased by 11.8 percent to Rs 1.48 billion during the week ended on April 8, 2011. The futures spread also surged by 176bps to 9.69 percent. Trading, however, remained low and the average daily vol
Published 11 Apr, 2011 12:00am
11.8 percent rise in futures open interest

11.8 percent rise in futures open interest

The total open interest position at the futures counter increased by 11.8 percent to Rs 1.48 billion during the week ended on April 8, 2011. The futures spread also surged by 176bps to 9.69 percent. Trading, however, remained low and the average daily vol
Published 11 Apr, 2011 12:00am
President due in Turkey today

President due in Turkey today

President Asif Ali Zardari will arrive in Turkish capital Ankara on Monday (today) on a four-day official visit to give fresh impetus to the growing ties with Turkey and discuss infrastructure, communication and energy projects with top Turkish leadership
Published 11 Apr, 2011 12:00am
President due in Turkey today

President due in Turkey today

President Asif Ali Zardari will arrive in Turkish capital Ankara on Monday (today) on a four-day official visit to give fresh impetus to the growing ties with Turkey and discuss infrastructure, communication and energy projects with top Turkish leadership
Published 11 Apr, 2011 12:00am
NYSE rejects Nasdaq takeover bid, favours D Boerse

NYSE rejects Nasdaq takeover bid, favours D Boerse

NYSE Euronext's board on Sunday rejected an unsolicited takeover bid by Nasdaq OMX Group Inc and IntercontinentalExchange Inc, and affirmed its plan to merge with Deutsche Boerse AG. In a statement, NYSE Euronext said the directors found the $11.3 billion
Published 11 Apr, 2011 12:00am
NYSE rejects Nasdaq takeover bid, favours D Boerse

NYSE rejects Nasdaq takeover bid, favours D Boerse

NYSE Euronext's board on Sunday rejected an unsolicited takeover bid by Nasdaq OMX Group Inc and IntercontinentalExchange Inc, and affirmed its plan to merge with Deutsche Boerse AG. In a statement, NYSE Euronext said the directors found the $11.3 billion
Published 11 Apr, 2011 12:00am
NYSE rejects Nasdaq takeover bid, favours D Boerse

NYSE rejects Nasdaq takeover bid, favours D Boerse

NYSE Euronext''s board on Sunday rejected an unsolicited takeover bid by Nasdaq OMX Group Inc and IntercontinentalExchange Inc, and affirmed its plan to merge with Deutsche Boerse AG. In a statement, NYSE Euronext said the directors found the $11.3 billio
Published 11 Apr, 2011 12:00am
MONEY WEEK: The softer side of growth

MONEY WEEK: The softer side of growth

Increasing government reliance on commercial banks for fiscal financing is crowding out private credit, while development spending is being sacrificed to tame the budget deficit. Add to that the energy woes, and the industrial competitiveness is being pla
Published 11 Apr, 2011 12:00am
MONEY WEEK: The softer side of growth

MONEY WEEK: The softer side of growth

Increasing government reliance on commercial banks for fiscal financing is crowding out private credit, while development spending is being sacrificed to tame the budget deficit. Add to that the energy woes, and the industrial competitiveness is being pla
Published 11 Apr, 2011 12:00am
MONEY WEEK: The softer side of growth

MONEY WEEK: The softer side of growth

Increasing government reliance on commercial banks for fiscal financing is crowding out private credit, while development spending is being sacrificed to tame the budget deficit. Add to that the energy woes, and the industrial competitiveness is being pla
Published 11 Apr, 2011 12:00am
Seven militants killed in Swat

Seven militants killed in Swat

Pakistani officials said troops on Sunday shot dead at least seven militants who infiltrated the north-western district of Swat to escape an offensive in the neighbouring tribal belt.
Published 11 Apr, 2011 12:00am
Export boom will not repair economy

Export boom will not repair economy

After a year of unemployment and wondering if his family would be better off if he died, Pakistani textile worker Murad Ali has got the spring back in his step. One of thousands laid off by textile bosses last year, the father of four is now back at work
Published 11 Apr, 2011 12:00am
Smuggling of Iranian fuel: MSA apprehends three boats

Smuggling of Iranian fuel: MSA apprehends three boats

The Pakistan Maritime Security Agency (PMSA) has apprehended three boats namely Al-Hakeemi, Al-Haleemi and Al-Mubashar along with 33 crew members involved in smuggling of Iranian fuel.
Published 11 Apr, 2011 12:00am
Sale of homemade products attract families in Expo 2011

Sale of homemade products attract families in Expo 2011

Despite intermittent rain, a large number of families on Sunday visited the Islamabad Expo 2011 organised by Women Chamber of Commerce and Industry (WCCI) here at Jinnah Convention Center.
Published 11 Apr, 2011 12:00am
Dr Firdous condoles death

Dr Firdous condoles death

Federal Minister for Information and Broadcasting Dr Firdous Ashiq Awan on Sunday afternoon visited the residence of Khawaja Muhammad Asif Member National Assembly (MNA) and expressed profound sorrow and grief over the sad demise of his mother who passed
Published 11 Apr, 2011 12:00am
Oxford's book on energy crisis being launched today

Oxford's book on energy crisis being launched today

Oxford University Press will launch its latest publication "Energy crisis in Pakistan: origins, challenges, and sustainable solutions," written by Muhammad Asif, here on April 11.
Published 11 Apr, 2011 12:00am
First National Assembly session of fourth parliamentary year today

First National Assembly session of fourth parliamentary year today

The first session of fourth parliamentary year of National Assembly will start here Monday. It would be the 30th session of incumbent National Assembly that has been summoned to meet on the date at 1600 hours. Speaker National Assembly Dr Fehmida Mirza wi
Published 11 Apr, 2011 12:00am
Meeting discusses steps to boost cotton production in Punjab

Meeting discusses steps to boost cotton production in Punjab

Punjab Chief Minister Muhammad Shahbaz Sharif on Sunday presided over a high level meeting, which considered various measures and proposals for increasing cotton production in the province. Senior Advisor Sardar Zulfiqar Khosa, Minister for Agriculture Ah
Published 11 Apr, 2011 12:00am
Historic judicial proceedings to dominate Supreme Court this week

Historic judicial proceedings to dominate Supreme Court this week

Monday will herald as the first day in the upcoming week that would set course for a number of historic judicial proceedings in the Supreme Court. After 2009, a Full Court is constituted comprising the Chief Justice and all sixteen judges that will resume
Published 11 Apr, 2011 12:00am
Man sets record by keeping 6,000 pigeons

Man sets record by keeping 6,000 pigeons

A unique pigeon lover, whose affection for the beautiful birds compelled him to buy more and more species and eventually enabled him set a record of keeping 6,000 pigeons at one place. "I am a pigeon lover with a distinction of keeping maximum number of b
Published 11 Apr, 2011 12:00am
M A exams: KU announces form submission date

M A exams: KU announces form submission date

The Controller Examination University of Karachi has announced that the candidates of MA (First and second year) external annual examination could submit their examination form till May 09, 2011 along with late fee Rs 2200.
Published 11 Apr, 2011 12:00am
Three killed as buried rocket explodes

Three killed as buried rocket explodes

At least three villagers including a boy and a woman were killed and six others injured when an explosive device, said to be a rocket, buried under earth in a house in Juma Goth of Taluka Jhando Marri, district Tando Allahyar, exploded on Sunday evening.
Published 11 Apr, 2011 12:00am
Ojhri Camp blast remembered even after 23 years

Ojhri Camp blast remembered even after 23 years

On a bright sunny morning on April 10, 1988, an explosion rocked Rawalpindi. A mushroom cloud of black smoke bellowed up thousands of feet into the sky followed by an incessant rain of rockets and projectiles that continued the whole day.
Published 11 Apr, 2011 12:00am
Rains lash Chaman

Rains lash Chaman

The border town of Chaman and adjoining areas received rain on Sunday. Rain started lashing the town and other areas including Gulistan, Saranan, Toba Achakzai, Toba Kakar and others in the morning and turned the weather cold.
Published 11 Apr, 2011 12:00am
Rabbani, Qaim agree to convene vice chancellors' meeting

Rabbani, Qaim agree to convene vice chancellors' meeting

Federal Minister for Interprovincial Co-ordination Mian Raza Rabbani and Sindh Chief Minister Syed Qaim Ali Shah on Sunday agreed to convene a joint meeting of vice chancellors of all the universities in Sindh province.
Published 11 Apr, 2011 12:00am
Light rain in up-country makes weather pleasant

Light rain in up-country makes weather pleasant

Scattered rain thundershower in Northeast Balochistan, Khyber Pakhtunkhwa, Punjab, Gilgit - Baltistan and Kashmir on Sunday made the weather very pleasant and dropped the temperature enabling the people to enjoy the holiday in open spaces and parks.
Published 11 Apr, 2011 12:00am
Chief minister Punjab reviews progress of Aashiyana housing scheme

Chief minister Punjab reviews progress of Aashiyana housing scheme

Reviewing the pace of implementation of extension project of Bhatta Chowk and Aashiyana Housing scheme at Saroba Atari here on Sunday, Punjab Chief Minister, Muhammad Shahbaz Sharif said that Aashiyana housing scheme is an excellent project under which mo
Published 11 Apr, 2011 12:00am
ORU passes resolution against HEC devolution

ORU passes resolution against HEC devolution

The Old Ravians Union (ORU) has passed a resolution against the devolution of the Higher Education Commission (HEC), saying that it would adversely affect the higher education in Pakistan and discourage the students.
Published 11 Apr, 2011 12:00am
Success in artificial breeding of 'Jhali' fish achieved

Success in artificial breeding of 'Jhali' fish achieved

A significant success regarding artificial breeding of an important riverine fish (Jhali) (Eutroiichthys Vacha) has been achieved by the Punjab Fisheries Department at newly build Biodiversity Hatchery Chashma, District Mianwali.
Published 11 Apr, 2011 12:00am
Wheat procurement campaign from April 20

Wheat procurement campaign from April 20

The wheat procurement at the official wheat procurement centres in Gujranwala Division's all the six Sialkot, Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and Gujranwala districts would be started from April 20, 2011, as all the necessary arrangements hav
Published 11 Apr, 2011 12:00am
Contract system blamed for 43 miners' death

Contract system blamed for 43 miners' death

National Labour Federation (NLF) has held contract system responsible for deaths of coal miners in accidents inside coal mines, including Sorrange tragedy because of absence of protective equipment and rescue plan.
Published 11 Apr, 2011 12:00am
Water level in Tarbela, Mangla better than last year

Water level in Tarbela, Mangla better than last year

Despite slowed down river inflows due to decrease in temperature in catchment areas of Tarbela and Mangla reservoirs, water storage in the country this year is still better as 472,000 acre-feet water is available in the reservoirs for irrigation at presen
Published 11 Apr, 2011 12:00am
Collective efforts needed for promotion of education: Dr Firdous

Collective efforts needed for promotion of education: Dr Firdous

Federal Minister for Information and Broadcasting Dr Firdous Ashiq Awan has urged upon the private sector to play its instrumental role in expanding education on the basis of no profit no loss basis and ensure equal opportunities to the privileged and unp
Published 11 Apr, 2011 12:00am
Education awareness rally

Education awareness rally

District Officer Education (Sports) Hyderabad has informed that under the enrolment campaign 2011, a rally regarding education awareness is being organised on April 11 (today) at 11.00am. The rally would be taken out from Government Naval Rai Hiranand Boy
Published 11 Apr, 2011 12:00am
Man gunned down in Defence area

Man gunned down in Defence area

A man was shot dead by unidentified armed-men on Sunday in Defence area in the limits of area police station. Police said that 35-year Mohammad Rafiq s/o Mohammad Azim was opening his shop near Baitul Islam Masjid in Defence when three unidentified armed
Published 11 Apr, 2011 12:00am
Cairo protesters defy army after deadly crackdown

Cairo protesters defy army after deadly crackdown

More than 1,000 Egyptians protested in Cairo's Tahrir Square on Sunday after an overnight sit-in demonstration when the army backed down on a threat to disperse them. The protesters, who blocked the square with a charred army truck, barbed wire and beams,
Published 11 Apr, 2011 12:00am
Bomb kills Afghan tribal elders

Bomb kills Afghan tribal elders

A Taliban-style bomb attack blew up a vehicle, killing three Afghan tribal elders in the west of the country on Sunday, police said. The group were attacked in the western province of Farah, a troubled region packed with Taliban-linked insurgents and band
Published 11 Apr, 2011 12:00am
UN, French attack Gbagbo heavy weapons in Ivory Coast

UN, French attack Gbagbo heavy weapons in Ivory Coast

French and UN helicopters attacked heavy weapons of troops loyal to Ivory Coast's incumbent president Laurent Gbagbo on Sunday and Gbagbo's spokesman said his residence had been partly destroyed. "UN and French helicopters continue to fire at President Gb
Published 11 Apr, 2011 12:00am
Nigerian ruling party loses key seats in parliament vote

Nigerian ruling party loses key seats in parliament vote

Nigeria's ruling party lost key parliament seats in the first of three crucial elections this month, results showed Sunday, after millions cast ballots despite deadly bomb blasts and delays.
Published 11 Apr, 2011 12:00am
Japan fails to stop radioactive discharge into ocean

Japan fails to stop radioactive discharge into ocean

Japanese nuclear power plant operator TEPCO expects to stop pumping radioactive water into the ocean on Monday, days later than planned, a step that would help ease international concern about the spread of radiation from a smashed nuclear plant.
Published 11 Apr, 2011 12:00am
North Korea orders nationals in Libya 'not to return'

North Korea orders nationals in Libya 'not to return'

North Korea has ordered its citizens in Libya not to return home in an apparent bid to block news of civil uprisings in the Arab World from reaching the isolated communist state, a report said Sunday.
Published 11 Apr, 2011 12:00am
Saudi unemployed graduates protest, demand jobs

Saudi unemployed graduates protest, demand jobs

Dozens of unemployed university graduates and teachers staged rare protests in two Saudi cities on Sunday to demand jobs and better wages in the biggest Arab economy, which is struggling to reduce joblessness. Saudi Arabia, the world's No. 1 oil exporter
Published 11 Apr, 2011 12:00am
Gulf states call for Yemen's Saleh to transfer power

Gulf states call for Yemen's Saleh to transfer power

Yemen's President Ali Abdullah Saleh should hand over power to his vice president and allow the opposition to lead a transition government that would prepare new elections, Gulf Arab countries said on Sunday.
Published 11 Apr, 2011 12:00am
Assad loyalists fire at Sunni Muslims in Syria

Assad loyalists fire at Sunni Muslims in Syria

Irregular forces loyal to Syrian President Bashar al-Assad fired at a group of people guarding a mosque in Banias on Sunday, two witnesses said, after pro-democracy unrest flared in the coastal city. Once-unthinkable mass protests challenging Assad's auth
Published 11 Apr, 2011 12:00am
Egypt freezes Saudi Prince Alwaleed's land

Egypt freezes Saudi Prince Alwaleed's land

Egypt's public prosecutors' office said on Sunday it had frozen land in southern Egypt controlled by Saudi billionaire Prince Alwaleed bin Talal because the original sale of the land violated the law.
Published 11 Apr, 2011 12:00am
Israel, Palestinians float Gaza cease-fire

Israel, Palestinians float Gaza cease-fire

Israeli and Palestinian officials floated a cease-fire on Sunday to end an upsurge of violence in Gaza, as Israel warned of a still stronger response if rocket fire from the coastal strip continues.
Published 11 Apr, 2011 12:00am
Pentagon's second thoughts on Iraq withdrawal

Pentagon's second thoughts on Iraq withdrawal

Eight months shy of its deadline for pulling the last American soldier from Iraq and closing the door on an 8-year war, the Pentagon is having second thoughts.
Published 11 Apr, 2011 12:00am
Profits of Kuwaiti listed firms rise sharply

Profits of Kuwaiti listed firms rise sharply

Combined profits of firms listed on the Kuwait Stock Exchange rose sharply in 2010 after two years of modest gains due to the global financial crisis, an economic report said on Sunday.
Published 11 Apr, 2011 12:00am
Glencore set to fire starting gun on record IPO

Glencore set to fire starting gun on record IPO

Commodities giant Glencore is expected to kick off a much-anticipated $10 billion listing this week, with the publication of an Intention to Float document that will confirm its plans after months of speculation. The listing - which could be the largest t
Published 11 Apr, 2011 12:00am
Middle East tumult could drive Gulf sukuk issuers to Malaysia

Middle East tumult could drive Gulf sukuk issuers to Malaysia

More Gulf sukuk issuers are expected to tap the Malaysian market in the coming months although global issuance would be lower this year due to turmoil in the Middle East, HSBC's Malaysian Islamic banking head said on Friday.
Published 11 Apr, 2011 12:00am
Poland to use BGK bank to support debt market

Poland to use BGK bank to support debt market

Poland has mandated state-owned bank BGK to intervene on the bond market to soothe potential tensions, the head of the finance ministry's debt department said in comments authorised for release on Friday. Polish authorities already used BGK at the end of
Published 11 Apr, 2011 12:00am
Yuanta Financial in $1.68 billion merger with Polaris

Yuanta Financial in $1.68 billion merger with Polaris

Taiwan securities giant Yuanta Financial Holding has agreed to acquire Polaris Securities for Tw$48.9 billion ($1.68 billion) in the island's biggest brokerage merger, media reported Sunday. The deal, partly via share swap and partly in cash, was announce
Published 11 Apr, 2011 12:00am
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