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Archive - 2011-04-24
Big blasts shake downtown Tripoli
Top News

Big blasts shake downtown Tripoli

TRIPOLI: Heavy explosions late Sunday shook the centre of Tripoli as warplanes overflew the Libyan capital, AFP journali
Published 24 Apr, 2011 10:56pm
Mubarak to be moved to military hospital
Top News

Mubarak to be moved to military hospital

CAIRO: Egypt's state prosecutor on Sunday ordered ex-president Hosni Mubarak's transfer to a military hospital after a m
Published 24 Apr, 2011 09:12pm
Power shortfall shoots to 5,992 MW
Top News

Power shortfall shoots to 5,992 MW

ISLAMABAD: The power crisis has deepened, forcing the Pakistan Electric Supply Company (PEPCO) to observe up to eight to
Published 24 Apr, 2011 07:34pm
UAE's Etisalat CFO resigns
Middle East

UAE's Etisalat CFO resigns

ABU DHABI: UAE's Etisalat, which scrapped a $12 billion takeover of Kuwait's Zain last month, said its group chief finan
Published 24 Apr, 2011 02:49pm
Welcome migrants fleeing strife: Pope
Top News

Welcome migrants fleeing strife: Pope

VATICAN CITY: Pope Benedict in his Easter message to the world, on Sunday lamented that the day's joy was marred by war
Published 24 Apr, 2011 01:31pm
Alwaleed sees Zain Saudi deal
Industry

Alwaleed sees Zain Saudi deal

KUWAIT: Saudi Prince Alwaleed bin Talal, whose firm Kingdom Holding has bid for a quarter stake in Zain Saudi, expects t
Published 24 Apr, 2011 01:15pm
Portugal budget deficit revised higher
Top News

Portugal budget deficit revised higher

LISBON: Portugal's budget deficit for 2010 has been revised higher to 9.1 percent of gross domestic product, raising pre
Published 24 Apr, 2011 12:13pm
Luxury carmakers see golden age in China
Top News

Luxury carmakers see golden age in China

SHANGHAI: One of Rolls Royce boss Torsten Muller-Otvos' most memorable auto show moments came last year in Beijing when
Published 24 Apr, 2011 04:59am
Cuba to produce extra 40,000 tonnes of raw sugar

Cuba to produce extra 40,000 tonnes of raw sugar

The Cuban Sugar Ministry said Thursday it would produce 40,000 tonnes more raw sugar than planned, or somewhere between the 1.1 million and 1.2 million tonnes for the season Reuters has estimated. The Sugar Ministry said a week ago it had met its plan wit
Published 24 Apr, 2011 12:00am
Karachi Port's activities

Karachi Port's activities

The Karachi Port handled 137,031 tonnes of cargo including 91,832 tonnes of import cargo, 45,199 tonnes of export cargo and 5,510 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 91,832 tonnes compr
Published 24 Apr, 2011 12:00am
US corn futures rebound

US corn futures rebound

US corn futures rebounded on Thursday from the previous session's 2 percent slide as wet weather delayed the start of planting in the US Midwest and the dollar fell to its lowest point in nearly three years. Wheat rose 1 percent on worries that dry weathe
Published 24 Apr, 2011 12:00am
China's March refined copper imports fall 43 percent

China's March refined copper imports fall 43 percent

China's refined copper imports dropped 43 percent in March from the same month last year due to high stocks and strong international prices, although the figure was a rebound from the holiday-shortened month of February.
Published 24 Apr, 2011 12:00am
South Korean infants hit by gold price surge

South Korean infants hit by gold price surge

Surging gold prices have forced South Koreans to cut down on traditional rings given to mark the first birthday of the children of friends and relatives, making jewellers to come up with a lighter and cheaper alternative to boost sales. A gold ring is a t
Published 24 Apr, 2011 12:00am
Several changes in grams prices on grain market

Several changes in grams prices on grain market

Many variations were seen on the wholesales grain market on Saturday as buyers were active in covering the short positions, dealers said. On the grams side guwar Sindh low type was up by Rs 160 to Rs 4700 and better type was higher by Rs 20 to Rs 4800, gu
Published 24 Apr, 2011 12:00am
Downward trend seen on cotton market

Downward trend seen on cotton market

Falling trend persisted on the cotton market on Saturday as prices showed softness because mills kept to the sideline in expectations of further decline in the rates, dealers said. Karachi Cotton Association (KCA) official spot rate was unchanged Rs 10,50
Published 24 Apr, 2011 12:00am
Oil cake market rates

Oil cake market rates

The May vaida was up while the July contract was unchanged on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The May vaida that had closed at Rs 1329.50 opened with a gain of 20 paisa at Rs 1329.70. The July contrac
Published 24 Apr, 2011 12:00am
Plastic mouldings mixed on Jodia Bazar

Plastic mouldings mixed on Jodia Bazar

The trading in plastic moulding compounds closed mixed on Jodia Bazar here on Saturday. The following variations were noted.
Published 24 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 24 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 24 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 23, 2011).

Published 24 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 23, 2011).

Published 24 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 23, 2011).

Published 24 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 23, 2011).

Published 24 Apr, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (April 23, 2011).
Published 24 Apr, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (April 23, 2011).

Published 24 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 23, 2011).

Published 24 Apr, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (April 23, 2011).

Published 24 Apr, 2011 12:00am
THE RUPEE: dollar inches up

THE RUPEE: dollar inches up

Minor changes were seen on the currency market on Saturday in process of trading, experts said. The rupee shed three paisa versus dollar for buying 84.27 and slipped by two paisa for selling at 84.30, they said.
Published 24 Apr, 2011 12:00am
THE RUPEE: dollar inches up

THE RUPEE: dollar inches up

Minor changes were seen on the currency market on Saturday in process of trading, experts said. The rupee shed three paisa versus dollar for buying 84.27 and slipped by two paisa for selling at 84.30, they said.
Published 24 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 23, 2011).

Published 24 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 23, 2011).

Published 24 Apr, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 23, 2011).

Published 24 Apr, 2011 12:00am
US drone attacks condemned

US drone attacks condemned

Prominent personalities from civil society, journalism and political parties on Saturday participated in the sit-in organised by Tehreek-e-Insaaf against drone attacks at Baag-e-Naran Peshawar.
Published 24 Apr, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 23, 2011).

Published 24 Apr, 2011 12:00am
US drone attacks condemned

US drone attacks condemned

Prominent personalities from civil society, journalism and political parties on Saturday participated in the sit-in organised by Tehreek-e-Insaaf against drone attacks at Baag-e-Naran Peshawar.
Published 24 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 23, 2011).

Published 24 Apr, 2011 12:00am
Pakistan beat West Indies by eight wickets

Pakistan beat West Indies by eight wickets

Pakistan beat West Indies by eight wickets in the first one-day international on Saturday at the Beausejour Cricket Ground here. After winning the toss West Indies opted for bat and scored 221 for loss of six wickets in allotted 50 overs. Darren Bravo was
Published 24 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 23, 2011).

Published 24 Apr, 2011 12:00am
Pakistan beat West Indies by eight wickets

Pakistan beat West Indies by eight wickets

Pakistan beat West Indies by eight wickets in the first one-day international on Saturday at the Beausejour Cricket Ground here. After winning the toss West Indies opted for bat and scored 221 for loss of six wickets in allotted 50 overs. Darren Bravo was
Published 24 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 23, 2011).

Published 24 Apr, 2011 12:00am
Second last tranche expected by June 30

Second last tranche expected by June 30

The International Monetary Fund (IMF) is unlikely to release second last tranche of the stalled Stand-By-Arrangement (SBA) before the budget, informed sources revealed to Business Recorder.
Published 24 Apr, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 23, 2011).

Published 24 Apr, 2011 12:00am
Second last tranche expected by June 30

Second last tranche expected by June 30

The International Monetary Fund (IMF) is unlikely to release second last tranche of the stalled Stand-By-Arrangement (SBA) before the budget, informed sources revealed to Business Recorder.
Published 24 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 23, 2011).

Published 24 Apr, 2011 12:00am
Second last tranche expected by June 30

Second last tranche expected by June 30

The International Monetary Fund (IMF) is unlikely to release second last tranche of the stalled Stand-By-Arrangement (SBA) before the budget, informed sources revealed to Business Recorder.
Published 24 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 23, 2011).

Published 24 Apr, 2011 12:00am
$1.3 billion shortfall in external financing

$1.3 billion shortfall in external financing

Pakistan faces a shortfall of $1.3 billion in external financing during the current fiscal 2010-11 due to non-compliance with the conditions imposed by the International IMF. Well-placed sources told Business Recorder that during the current fiscal
Published 24 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 23, 2011).

Published 24 Apr, 2011 12:00am
$1.3 billion shortfall in external financing

$1.3 billion shortfall in external financing

Pakistan faces a shortfall of $1.3 billion in external financing during the current fiscal 2010-11 due to non-compliance with the conditions imposed by the International IMF. Well-placed sources told Business Recorder that during the current fiscal
Published 24 Apr, 2011 12:00am
$1.3 billion shortfall in external financing

$1.3 billion shortfall in external financing

Pakistan faces a shortfall of $1.3 billion in external financing during the current fiscal 2010-11 due to non-compliance with the conditions imposed by the International IMF. Well-placed sources told Business Recorder that during the current fiscal
Published 24 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 23, 2011).

Published 24 Apr, 2011 12:00am
Hina Rabbani leaving for Saudi Arabia today

Hina Rabbani leaving for Saudi Arabia today

Minister of State for Foreign Affairs Hina Rabbani Khar will pay an official visit to the Kingdom of Saudi Arabia from 24-25 April "to strengthen the existing bonds of friendship and brotherhood", Foreign Office said on Saturday. Ms Khar will hold meeting
Published 24 Apr, 2011 12:00am
Hina Rabbani leaving for Saudi Arabia today

Hina Rabbani leaving for Saudi Arabia today

Minister of State for Foreign Affairs Hina Rabbani Khar will pay an official visit to the Kingdom of Saudi Arabia from 24-25 April "to strengthen the existing bonds of friendship and brotherhood", Foreign Office said on Saturday. Ms Khar will hold meeting
Published 24 Apr, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (April 23, 2011).

Published 24 Apr, 2011 12:00am
SBP to launch Financial Literacy Programme

SBP to launch Financial Literacy Programme

The first initiative to promote financial literacy among general public at national level will be launched shortly. In this regard, the State Bank of Pakistan (SBP) has signed a contract with Bearing Point Consultants as implementing partner to launch a p
Published 24 Apr, 2011 12:00am
SBP to launch Financial Literacy Programme

SBP to launch Financial Literacy Programme

The first initiative to promote financial literacy among general public at national level will be launched shortly. In this regard, the State Bank of Pakistan (SBP) has signed a contract with Bearing Point Consultants as implementing partner to launch a p
Published 24 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 23, 2011).

Published 24 Apr, 2011 12:00am
SBP to launch Financial Literacy Programme

SBP to launch Financial Literacy Programme

The first initiative to promote financial literacy among general public at national level will be launched shortly. In this regard, the State Bank of Pakistan (SBP) has signed a contract with Bearing Point Consultants as implementing partner to launch a p
Published 24 Apr, 2011 12:00am
TAPI pipeline project: talks on April 25

TAPI pipeline project: talks on April 25

Turkmenistan warning that it would sell gas to some other country if the Turkmenistan-Afghanistan-Pakistan and India (TAPI) gas pipeline project is delayed any further has led to the scheduling of four day talks in New Delhi (April 25-28) to discuss trans
Published 24 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 23, 2011).

Published 24 Apr, 2011 12:00am
TAPI pipeline project: talks on April 25

TAPI pipeline project: talks on April 25

Turkmenistan warning that it would sell gas to some other country if the Turkmenistan-Afghanistan-Pakistan and India (TAPI) gas pipeline project is delayed any further has led to the scheduling of four day talks in New Delhi (April 25-28) to discuss trans
Published 24 Apr, 2011 12:00am
TAPI pipeline project: talks on April 25

TAPI pipeline project: talks on April 25

Turkmenistan warning that it would sell gas to some other country if the Turkmenistan-Afghanistan-Pakistan and India (TAPI) gas pipeline project is delayed any further has led to the scheduling of four day talks in New Delhi (April 25-28) to discuss trans
Published 24 Apr, 2011 12:00am
US launches first Predator drone strike in Libya

US launches first Predator drone strike in Libya

The United States launched its first Predator drone strike in Libya on Saturday, the Defence Department said in a statement. It did not provide details on the target of the strike, saying only that it occurred in the early afternoon local time in Libya.
Published 24 Apr, 2011 12:00am
US launches first Predator drone strike in Libya

US launches first Predator drone strike in Libya

The United States launched its first Predator drone strike in Libya on Saturday, the Defence Department said in a statement. It did not provide details on the target of the strike, saying only that it occurred in the early afternoon local time in Libya.
Published 24 Apr, 2011 12:00am
Saleh agrees to quit under GCC deal

Saleh agrees to quit under GCC deal

Yemen's ruling party has informed the Gulf Arab sponsors of a political transition plan that it accepts the proposal in full, party spokesman Tariq Shami told Reuters. "The ruling party informed the foreign ministers of the GCC of their acceptance of the
Published 24 Apr, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (April 23, 2011).

Published 24 Apr, 2011 12:00am
Saleh agrees to quit under GCC deal

Saleh agrees to quit under GCC deal

Yemen's ruling party has informed the Gulf Arab sponsors of a political transition plan that it accepts the proposal in full, party spokesman Tariq Shami told Reuters. "The ruling party informed the foreign ministers of the GCC of their acceptance of the
Published 24 Apr, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (April 23, 2011) and the forecast for Sunday (April 24, 2011).

Published 24 Apr, 2011 12:00am
JC recommends confirmation of 18 Additional Judges

JC recommends confirmation of 18 Additional Judges

The Judicial Commission of Pakistan in its meeting on Saturday recommended confirmation of services of 14 Additional Judges of the Lahore High Court (LHC) and 4 of the High Court of Balochistan (BHC), besides, making nomination of 10 new additional judges
Published 24 Apr, 2011 12:00am
JC recommends confirmation of 18 Additional Judges

JC recommends confirmation of 18 Additional Judges

The Judicial Commission of Pakistan in its meeting on Saturday recommended confirmation of services of 14 Additional Judges of the Lahore High Court (LHC) and 4 of the High Court of Balochistan (BHC), besides, making nomination of 10 new additional judges
Published 24 Apr, 2011 12:00am
WHT exemption for Thar coal fields projects

WHT exemption for Thar coal fields projects

The Federal Board of Revenue (FBR) has allowed withholding tax exemption on the payments made on account of sale or supply of goods or provision or rendering of services during construction and operations of the Special Economic Zone projects at Thar coal
Published 24 Apr, 2011 12:00am
WHT exemption for Thar coal fields projects

WHT exemption for Thar coal fields projects

The Federal Board of Revenue (FBR) has allowed withholding tax exemption on the payments made on account of sale or supply of goods or provision or rendering of services during construction and operations of the Special Economic Zone projects at Thar coal
Published 24 Apr, 2011 12:00am
WHT exemption for Thar coal fields projects

WHT exemption for Thar coal fields projects

The Federal Board of Revenue (FBR) has allowed withholding tax exemption on the payments made on account of sale or supply of goods or provision or rendering of services during construction and operations of the Special Economic Zone projects at Thar coal
Published 24 Apr, 2011 12:00am
Iran uncertain about future of gas pipeline project

Iran uncertain about future of gas pipeline project

Iran expressed its pessimism about the future of gas pipeline project. In an interview with Aaj News, the Iranian ambassador to Pakistan, Mash Allah Shakri, said the Pak-Iran gas pipeline project was scheduled to be completed by 2013. But now the f
Published 24 Apr, 2011 12:00am
Iran uncertain about future of gas pipeline project

Iran uncertain about future of gas pipeline project

Iran expressed its pessimism about the future of gas pipeline project. In an interview with Aaj News, the Iranian ambassador to Pakistan, Mash Allah Shakri, said the Pak-Iran gas pipeline project was scheduled to be completed by 2013. But now the f
Published 24 Apr, 2011 12:00am
Iran uncertain about future of gas pipeline project

Iran uncertain about future of gas pipeline project

Iran expressed its pessimism about the future of gas pipeline project. In an interview with Aaj News, the Iranian ambassador to Pakistan, Mash Allah Shakri, said the Pak-Iran gas pipeline project was scheduled to be completed by 2013. But now the f
Published 24 Apr, 2011 12:00am
Terrorists' backbone broken: Kayani addresses passing-out parade

Terrorists' backbone broken: Kayani addresses passing-out parade

Chief of Army Staff General Ashfaq Parvez Kayani on Saturday said that security forces have broken the backbone of terrorists and the nation will soon prevail over this menace. Addressing passing out parade of 123rd Long Course, Integrated Course 42 and L
Published 24 Apr, 2011 12:00am
Terrorists' backbone broken: Kayani addresses passing-out parade

Terrorists' backbone broken: Kayani addresses passing-out parade

Chief of Army Staff General Ashfaq Parvez Kayani on Saturday said that security forces have broken the backbone of terrorists and the nation will soon prevail over this menace. Addressing passing out parade of 123rd Long Course, Integrated Course 42 and L
Published 24 Apr, 2011 12:00am
Rs 1,103 billion tax collected so far

Rs 1,103 billion tax collected so far

The Federal Board of Revenue (FBR) has provisionally collected around Rs 1103 billion during July-April (2010-2011) against downward revised annual target of Rs 1588 billion, reflecting a shortfall of Rs 485 billion. Sources told Business Recorder
Published 24 Apr, 2011 12:00am
Rs 1,103 billion tax collected so far

Rs 1,103 billion tax collected so far

The Federal Board of Revenue (FBR) has provisionally collected around Rs 1103 billion during July-April (2010-2011) against downward revised annual target of Rs 1588 billion, reflecting a shortfall of Rs 485 billion. Sources told Business Recorder
Published 24 Apr, 2011 12:00am
Rs 1,103 billion tax collected so far

Rs 1,103 billion tax collected so far

The Federal Board of Revenue (FBR) has provisionally collected around Rs 1103 billion during July-April (2010-2011) against downward revised annual target of Rs 1588 billion, reflecting a shortfall of Rs 485 billion. Sources told Business Recorder
Published 24 Apr, 2011 12:00am
FBR amends ADRCs rules

FBR amends ADRCs rules

The Federal Board of Revenue (FBR) has decided to withdraw the powers of Alternative Dispute Resolution Committees (ADRCs) for disposal of applications filed by the private sector within 30 days. In this connection, the FBR on Saturday revised the Alterna
Published 24 Apr, 2011 12:00am
FBR amends ADRCs rules

FBR amends ADRCs rules

The Federal Board of Revenue (FBR) has decided to withdraw the powers of Alternative Dispute Resolution Committees (ADRCs) for disposal of applications filed by the private sector within 30 days. In this connection, the FBR on Saturday revised the Alterna
Published 24 Apr, 2011 12:00am
FBR amends ADRCs rules

FBR amends ADRCs rules

The Federal Board of Revenue (FBR) has decided to withdraw the powers of Alternative Dispute Resolution Committees (ADRCs) for disposal of applications filed by the private sector within 30 days. In this connection, the FBR on Saturday revised the Alterna
Published 24 Apr, 2011 12:00am
17 percent sales tax imposed on potassic fertilisers

17 percent sales tax imposed on potassic fertilisers

The Federal Board of Revenue (FBR) has imposed 17 percent standard sales tax on the import and local supply of Potassic Fertilizers both Sulphate of Potash (SOP), Muriate of Potash (MOP), nitrogenous fertilisers and calcium ammonium nitrate. The FBR resci
Published 24 Apr, 2011 12:00am
17 percent sales tax imposed on potassic fertilisers

17 percent sales tax imposed on potassic fertilisers

The Federal Board of Revenue (FBR) has imposed 17 percent standard sales tax on the import and local supply of Potassic Fertilizers both Sulphate of Potash (SOP), Muriate of Potash (MOP), nitrogenous fertilisers and calcium ammonium nitrate. The FBR resci
Published 24 Apr, 2011 12:00am
17 percent sales tax imposed on potassic fertilisers

17 percent sales tax imposed on potassic fertilisers

The Federal Board of Revenue (FBR) has imposed 17 percent standard sales tax on the import and local supply of Potassic Fertilizers both Sulphate of Potash (SOP), Muriate of Potash (MOP), nitrogenous fertilisers and calcium ammonium nitrate. The FBR resci
Published 24 Apr, 2011 12:00am
Joining PPP be linked to new provinces, PML-Q asked

Joining PPP be linked to new provinces, PML-Q asked

Newly elected member of National Assembly of Pakistan Muslim League (Q) (PML-Q) Owais Leghari and a delegation of Hazara Division in separate meetings with Chaudhry Shujaat Hussain and Pervez Elahi on Saturday demanded that PML-Q's joining the PPP-led gov
Published 24 Apr, 2011 12:00am
Top BBC sitcom writer John Sullivan dies

Top BBC sitcom writer John Sullivan dies

John Sullivan, the creator of "Only Fools and Horses", one of Britain's best-loved comedies, has died at the age of 64 after a short illness, the BBC announced Saturday. A south London man, Sullivan was inspired by the sort of characters he grew up around
Published 24 Apr, 2011 12:00am
Power shortfall crosses threshold of 5,500 megawatts

Power shortfall crosses threshold of 5,500 megawatts

The power shortfall crossed the threshold of 5,500MW during last 24 hours, widening the loadshedding duration up to 20 hours amidst heavy forced closures. According to the available Pepco data, power generation has dipped down to 9,788MW, while the demand
Published 24 Apr, 2011 12:00am
Mukhtaran Mai case: Jamaat-e-Islami advises NGOs to take legal course

Mukhtaran Mai case: Jamaat-e-Islami advises NGOs to take legal course

Secretary General, Jamaat-e-Islami, Liaquat Baloch, has said the hue and cry of the liberal NGOs over the Supreme Court decision in Mukhtaran Mai case was surprising and incomprehensible for the masses. He said that the general public, human rights bodies
Published 24 Apr, 2011 12:00am
Would-be suicide bomber reveals plan to wreak havoc in Hyderabad

Would-be suicide bomber reveals plan to wreak havoc in Hyderabad

A nine-year old student (would be suicide bomber) on Saturday submitted before the court in Hyderabad that he was being tortured to get training in a Madaressah for carrying out a suicide attack in the city. Nine-year old Zubair was produced before the co
Published 24 Apr, 2011 12:00am
FIA for declaring Musharraf as proclaimed offender

FIA for declaring Musharraf as proclaimed offender

In the wake of refusal by the British government to hand over former president Pervez Musharraf in Benazir case without extradition treaty, the Federal Investigation Agency (FIA) has decided to declare Musharraf proclaimed offender. This was stated by FIA
Published 24 Apr, 2011 12:00am
FIA for declaring Musharraf as proclaimed offender

FIA for declaring Musharraf as proclaimed offender

In the wake of refusal by the British government to hand over former president Pervez Musharraf in Benazir case without extradition treaty, the Federal Investigation Agency (FIA) has decided to declare Musharraf proclaimed offender. This was stated by FIA
Published 24 Apr, 2011 12:00am
Egypt oil ministers to be tried over Israel deal

Egypt oil ministers to be tried over Israel deal

Two former Egyptian ministers are to face trial for selling natural gas to Israel at a low price, judicial sources said on Saturday. Sameh Fahmi and Mahmud Latif are accused of costing the state 714 million dollars in losses because of the deal, the sourc
Published 24 Apr, 2011 12:00am
Egypt oil ministers to be tried over Israel deal

Egypt oil ministers to be tried over Israel deal

Two former Egyptian ministers are to face trial for selling natural gas to Israel at a low price, judicial sources said on Saturday. Sameh Fahmi and Mahmud Latif are accused of costing the state 714 million dollars in losses because of the deal, the sourc
Published 24 Apr, 2011 12:00am
Egypt oil ministers to be tried over Israel deal

Egypt oil ministers to be tried over Israel deal

Two former Egyptian ministers are to face trial for selling natural gas to Israel at a low price, judicial sources said on Saturday. Sameh Fahmi and Mahmud Latif are accused of costing the state 714 million dollars in losses because of the deal, the sourc
Published 24 Apr, 2011 12:00am
Malaysia's Petronas unit eyes Sime Darby oil and gas assets

Malaysia's Petronas unit eyes Sime Darby oil and gas assets

Malaysia Marine and Heavy Engineering Bhd (MMHE) is believed to be looking at taking over some or all of the oil and gas assets of conglomerate Sime Darby Bhd, The Edge weekly newspaper reported on Saturday. The report said MMHE, the heavy engineering uni
Published 24 Apr, 2011 12:00am
Malaysia's Petronas unit eyes Sime Darby oil and gas assets

Malaysia's Petronas unit eyes Sime Darby oil and gas assets

Malaysia Marine and Heavy Engineering Bhd (MMHE) is believed to be looking at taking over some or all of the oil and gas assets of conglomerate Sime Darby Bhd, The Edge weekly newspaper reported on Saturday. The report said MMHE, the heavy engineering uni
Published 24 Apr, 2011 12:00am
Malaysia''s Petronas unit eyes Sime Darby oil and gas assets

Malaysia''s Petronas unit eyes Sime Darby oil and gas assets

Malaysia Marine and Heavy Engineering Bhd (MMHE) is believed to be looking at taking over some or all of the oil and gas assets of conglomerate Sime Darby Bhd, The Edge weekly newspaper reported on Saturday. The report said MMHE, the heavy engineering uni
Published 24 Apr, 2011 12:00am
Prime Minister rejects MoP nominees for oil, gas companies

Prime Minister rejects MoP nominees for oil, gas companies

Prime Minister Syed Yousuf Raza Gilani has rejected a summary moved by the Ministry of Petroleum to approve appointment of acting heads of oil and gas companies due to 'pick and choose' policy, Business Recorder has learnt.
Published 24 Apr, 2011 12:00am
Prime Minister rejects MoP nominees for oil, gas companies

Prime Minister rejects MoP nominees for oil, gas companies

Prime Minister Syed Yousuf Raza Gilani has rejected a summary moved by the Ministry of Petroleum to approve appointment of acting heads of oil and gas companies due to 'pick and choose' policy, Business Recorder has learnt.
Published 24 Apr, 2011 12:00am
Prime Minister rejects MoP nominees for oil, gas companies

Prime Minister rejects MoP nominees for oil, gas companies

Prime Minister Syed Yousuf Raza Gilani has rejected a summary moved by the Ministry of Petroleum to approve appointment of acting heads of oil and gas companies due to ''pick and choose'' policy, Business Recorder has learnt.
Published 24 Apr, 2011 12:00am
Australian premier calls for trade deal on Seoul visit

Australian premier calls for trade deal on Seoul visit

Australian Prime Minister Julia Gillard on called Saturday for the fast introduction of a free trade agreement with Seoul after talks stalled over access to the South Korean beef market. Speaking at a dinner for business leaders after arriving in the Sout
Published 24 Apr, 2011 12:00am
Australian premier calls for trade deal on Seoul visit

Australian premier calls for trade deal on Seoul visit

Australian Prime Minister Julia Gillard on called Saturday for the fast introduction of a free trade agreement with Seoul after talks stalled over access to the South Korean beef market. Speaking at a dinner for business leaders after arriving in the Sout
Published 24 Apr, 2011 12:00am
Australian premier calls for trade deal on Seoul visit

Australian premier calls for trade deal on Seoul visit

Australian Prime Minister Julia Gillard on called Saturday for the fast introduction of a free trade agreement with Seoul after talks stalled over access to the South Korean beef market. Speaking at a dinner for business leaders after arriving in the Sout
Published 24 Apr, 2011 12:00am
Bolivian president eyes $2 billion for state industries

Bolivian president eyes $2 billion for state industries

Bolivia's president proposed Saturday tapping the impoverished nation's currency reserves to invest $2 billion in as yet unspecified state industries. Saying he would seek approval of the South American country's voters in a referendum, President Evo Mora
Published 24 Apr, 2011 12:00am
Bolivian president eyes $2 billion for state industries

Bolivian president eyes $2 billion for state industries

Bolivia's president proposed Saturday tapping the impoverished nation's currency reserves to invest $2 billion in as yet unspecified state industries. Saying he would seek approval of the South American country's voters in a referendum, President Evo Mora
Published 24 Apr, 2011 12:00am
Bolivian president eyes $2 billion for state industries

Bolivian president eyes $2 billion for state industries

Bolivia''s president proposed Saturday tapping the impoverished nation''s currency reserves to invest $2 billion in as yet unspecified state industries. Saying he would seek approval of the South American country''s voters in a referendum, President Evo M
Published 24 Apr, 2011 12:00am
Five women brutally murdered in Mexico beach resort

Five women brutally murdered in Mexico beach resort

Five women, all apparently connected to a beauty parlor, were found brutally murdered in the Mexican beach resort of Acapulco on Saturday morning, state police said. The semi-naked and bound bodies of two women and a 14-year-old girl were discovered in th
Published 24 Apr, 2011 12:00am
Five women brutally murdered in Mexico beach resort

Five women brutally murdered in Mexico beach resort

Five women, all apparently connected to a beauty parlor, were found brutally murdered in the Mexican beach resort of Acapulco on Saturday morning, state police said. The semi-naked and bound bodies of two women and a 14-year-old girl were discovered in th
Published 24 Apr, 2011 12:00am
Proposals seeking reduction in import tariffs opposed

Proposals seeking reduction in import tariffs opposed

Some economic ministries have opposed the Planning Commission's proposal of bringing import tariff down to a maximum 10 percent ad valorem. It has been reliably learnt here on Saturday that few ministries have finalised their viewpoint on the Planning Com
Published 24 Apr, 2011 12:00am
Proposals seeking reduction in import tariffs opposed

Proposals seeking reduction in import tariffs opposed

Some economic ministries have opposed the Planning Commission's proposal of bringing import tariff down to a maximum 10 percent ad valorem. It has been reliably learnt here on Saturday that few ministries have finalised their viewpoint on the Planning Com
Published 24 Apr, 2011 12:00am
Proposals seeking reduction in import tariffs opposed

Proposals seeking reduction in import tariffs opposed

Some economic ministries have opposed the Planning Commission''s proposal of bringing import tariff down to a maximum 10 percent ad valorem. It has been reliably learnt here on Saturday that few ministries have finalised their viewpoint on the Planning Co
Published 24 Apr, 2011 12:00am
Pastor briefly jailed in Michigan

Pastor briefly jailed in Michigan

The US pastor whose burning of a Holy Quran sparked deadly violence in Afghanistan has been briefly jailed in a heavily Islamic suburb after a court banned his protest outside a mosque. A local judge jailed pastor Terry Jones of Gainesville, Florida, and
Published 24 Apr, 2011 12:00am
Pastor briefly jailed in Michigan

Pastor briefly jailed in Michigan

The US pastor whose burning of a Holy Quran sparked deadly violence in Afghanistan has been briefly jailed in a heavily Islamic suburb after a court banned his protest outside a mosque. A local judge jailed pastor Terry Jones of Gainesville, Florida, and
Published 24 Apr, 2011 12:00am
SpaceX aims to put man on Mars in 10-20 years

SpaceX aims to put man on Mars in 10-20 years

Private US company SpaceX hopes to put an astronaut on Mars within 10 to 20 years, the head of the firm said. "We'll probably put a first man in space in about three years," Elon Musk told the Wall Street Journal Saturday. "We're going all the way to Mars
Published 24 Apr, 2011 12:00am
SpaceX aims to put man on Mars in 10-20 years

SpaceX aims to put man on Mars in 10-20 years

Private US company SpaceX hopes to put an astronaut on Mars within 10 to 20 years, the head of the firm said. "We'll probably put a first man in space in about three years," Elon Musk told the Wall Street Journal Saturday. "We're going all the way to Mars
Published 24 Apr, 2011 12:00am
Moin Akhtar laid to rest

Moin Akhtar laid to rest

A renowned television artiste, comedian Moin Akhter was laid to rest in Model Colony graveyard in Malir here on Saturday. The funeral prayers of Moin Akhtar were offered in Tauheed Mosque near his residence. Hundreds of people attended the funeral prayer.
Published 24 Apr, 2011 12:00am
IMC adjusts production schedules

IMC adjusts production schedules

After an assessment of the impact of Japan's March 11 earthquake and tsunami on its parts supply chain, the Indus Motor Company has decided to operate at around 60% of its production capacity in the months of May and June. A press release of the company s
Published 24 Apr, 2011 12:00am
PAL reprints two volumes of 'Bhutto Trial'

PAL reprints two volumes of 'Bhutto Trial'

Pakistan Academy of Letters (PAL) has reprinted "Bhutto Trial" in two volumes by famous jurist Syed Afzal Haider. According to the PAL, previously it was published by National Commission on History and Culture, Islamabad when Fakhar Zaman was its Chairman
Published 24 Apr, 2011 12:00am
Two persons arrested for killing friend

Two persons arrested for killing friend

Golra Police Islamabad has arrested two persons for killing their friend. According to details, a body of unidentified person seemed to be in his 30s was found from sector G-14/2, Dhok Kashmirian and initial medical report revealed that deceased was stran
Published 24 Apr, 2011 12:00am
Bilour condoles Moin Akhter's death

Bilour condoles Moin Akhter's death

Federal Minister for Railways Haji Ghulam Ahmed Bilour on Saturday expressed great sense of sorrow and grief over the demise of renowned artist Moin Akhter. In a statement, the minister termed his death an irreparable loss and said services of Moin Akhter
Published 24 Apr, 2011 12:00am
Kitchen items' prices soar

Kitchen items' prices soar

The prices of most of the kitchen items once again started increasing, especially vegetables and fruits, during past week against previous week, according to survey carried out by Business Recorder. The prices of onion, ginger, garlic, tomatoes, mu
Published 24 Apr, 2011 12:00am
'Government making efforts to promote software export'

'Government making efforts to promote software export'

Government of Pakistan is making efforts to promote software export and the IT industry can contribute immensely by bridging the trade gap, said Pir Mazhar-ul-Haque, Provincial Minister for Education Sindh inaugurating a two-day International Conference o
Published 24 Apr, 2011 12:00am
Prime Minister holds meeting with Ibad, Qaim

Prime Minister holds meeting with Ibad, Qaim

Prime Minister Yusuf Raza Gilani on Saturday discussed devolution programme of ministries from federal to provincial governments with Sindh Governor Dr Ishrat-ul-Ebad Khan and Chief Minister Syed Qaim Ali Shah. An official said the meeting was held here a
Published 24 Apr, 2011 12:00am
Suicide bomber kills anti-Taliban leader

Suicide bomber kills anti-Taliban leader

A suicide bomber Saturday struck the vehicle of a Pakistani anti-Taliban militia leader killing him and four others in a restive tribal area bordering Afghanistan, officials said. The incident took place in Salarzai region, 65 kilometres (40 miles) north-
Published 24 Apr, 2011 12:00am
PML-N leader survives attempt on life

PML-N leader survives attempt on life

Information secretary of Pakistan Muslim League (N) Lawyers Forum Advocate Rana Shamshad on Saturday survived in an armed attack near Millennium Mall in the limits of Sharah Faisal police station. According to details, unidentified-armed men, riding on a
Published 24 Apr, 2011 12:00am
Police found lenient towards owner of gambling den

Police found lenient towards owner of gambling den

Despite tall claims by the authorities concerned to take stern measures against the operators of gambling den where a blast on Thursday claimed 19 lives, the Sindh police have charged its owner Ejaz Memon with a fine of Rs 200 only besides laying off one
Published 24 Apr, 2011 12:00am
Over 0.3 million passport applications lying pending

Over 0.3 million passport applications lying pending

At least 300,000 applications are pending for issuance of passports due to shortage of lamination paper, which is mainly imported from France and Germany, it is learnt. Although passports are being issued where urgent fees are paid, ordinary passports are
Published 24 Apr, 2011 12:00am
Cop among four killed in separate incidents

Cop among four killed in separate incidents

At least four persons including an alleged criminal and a cop were killed in separate incidents at different parts of metropolis here on Saturday. According to details, a man shot himself when a spiritual healer blamed him to steal the money from his rela
Published 24 Apr, 2011 12:00am
Seminar on Zero-rating, taxation at reduced rates under SRO 283(I)/2011

Seminar on Zero-rating, taxation at reduced rates under SRO 283(I)/2011

The Southern Regional Committee (SRC) of Institute of Chartered Accountants of Pakistan (ICAP), organised a seminar on "Zero rating and taxation at reduced rates under SRO 283(I)/2011" here at ICAP auditorium which was addressed by Adnan Mufti FCA, Partne
Published 24 Apr, 2011 12:00am
Funds being arranged to clear circular debt: MoP

Funds being arranged to clear circular debt: MoP

In reaction to news in a section of press regarding furnace oil shortages, the Ministry of Petroleum and Natural Resources clarifies that upon instructions of the Advisor to the Prime Minister on Petroleum and Natural Resources, Dr Asim Hussain and as par
Published 24 Apr, 2011 12:00am
Police personnel at Diplomatic Enclave ill-equipped

Police personnel at Diplomatic Enclave ill-equipped

Officials of Islamabad Police on duty at entry and exit points of the Diplomatic Enclave are working without proper facilities and equipment, which makes the diplomatic enclave vulnerable to attacks. The police personnel stationed at entry/exit points are
Published 24 Apr, 2011 12:00am
CJP performs opening of Supreme Court Museum

CJP performs opening of Supreme Court Museum

Chief Justice Iftikhar Muhammad Chaudhry on Saturday performed soft opening of Supreme Court Museum on the second day of the National Judicial Conference at a simple yet impressive ceremony. It was attended by judges of Supreme Court, Chief Justice of Fed
Published 24 Apr, 2011 12:00am
Zamurd meets Farzana

Zamurd meets Farzana

Managing Director Pakistan Baitul Mall Zamurd Khan met Chairperson Benazir Income Support Programme (BISP), Farzana Raja here in BISP Secretariat Islamabad on Saturday. In the meeting, various welfare schemes launched by BISP and Pakistan Baitul Mall alon
Published 24 Apr, 2011 12:00am
Hoti unveils Rs 120 million uplift package for Buner

Hoti unveils Rs 120 million uplift package for Buner

Chief Minister Khyber Pakhtunkhwa Ameer Haider Khan Hoti on Saturday announced a development package of Rs 120 million, establishment of the campus of Abdul Wali Khan University and Marble City for district Buner. Addressing a public meeting in Buner he a
Published 24 Apr, 2011 12:00am
NH&MP recovers eight children

NH&MP recovers eight children

National Highways and Motorway Police (NH&MP) recovered eight children and two young boys kidnapped during last one week. Javed Chaudhry, spokesperson of NH&MP, told Business Recorder that Motorway Police officers recovered eight separated children
Published 24 Apr, 2011 12:00am
Annual Travelling Nature Carnival today

Annual Travelling Nature Carnival today

The Worldwide Fund for Nature Pakistan (WWF-Pak) is hosting the '11th Annual Travelling Nature Carnival' here on Sunday. The Nature Carnival is aimed at enhancing awareness about nature conservation among students and the general public through interactiv
Published 24 Apr, 2011 12:00am
10,000 saplings to be planted in KIA

10,000 saplings to be planted in KIA

Sindh Minister for Environment, Shaikh Muhammad Afzal has said that around 10,000 saplings would be planted in the first phase under Model Green Zone in Korangi industrial Area (KIA). Inaugurating the KIA Green Zone project on Saturday evening at Korangi
Published 24 Apr, 2011 12:00am
Officials deputed to work in oil, gas companies to be relieved

Officials deputed to work in oil, gas companies to be relieved

The Ministry of Petroleum (MoP) has decided to relieve all deputationists currently working in public sector oil and gas companies, and sent a directive on Saturday to the Oil and Gas Development Company Limited (OGDC) to this effect, Business Recorder
Published 24 Apr, 2011 12:00am
Seven held on targeted killing charge

Seven held on targeted killing charge

Provincial Information Minister Sharjeel Memon on Saturday claimed that the Sindh police have arrested seven persons allegedly involved in targeted killings during the last 10 days. He was speaking at a press conference where CCPO Karachi Saud Mirza was a
Published 24 Apr, 2011 12:00am
Growers advised to protect cotton crops from thrips

Growers advised to protect cotton crops from thrips

The Agriculture Department has advised the cotton growers to protect their cotton crops from thrips by taking preventive measures. In an advisory issued here on Saturday, a spokesman of the department said that attack of thrips start with the beginning of
Published 24 Apr, 2011 12:00am
Babar conveys Zardari's message to Chaudhrys

Babar conveys Zardari's message to Chaudhrys

Babar Awan has brought an important message of President Asif Ali Zardari to the Chaudhry brothers. According to the source, Awan conveyed an important message of President Asif Ali Zardari to the PML-Q leaders. The sources said that the leaders discussed
Published 24 Apr, 2011 12:00am
FPCCI pays rich tribute to Moin Akhtar

FPCCI pays rich tribute to Moin Akhtar

The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Regional Chairman Muhammad Tariq Shafi has said that Moin Akhtar was not only an actor but also a great human being and a big national asset. In a statement on Saturday, he said that the
Published 24 Apr, 2011 12:00am
Moin termed legendary, versatile comedian

Moin termed legendary, versatile comedian

Chairman Lahore Arts Council Ata-ul-Haq Qasmi has said that Moin Akhtar was a legendary and versatile comedian and such artists take birth after centuries. Talking to newsmen on Saturday, he said that he left millions of his fans mourning in Pakistan and
Published 24 Apr, 2011 12:00am
No genuine taxpayer will be harassed: FBR Member

No genuine taxpayer will be harassed: FBR Member

Member, Federal Board of Revenue (Inland Revenue), Khawar Khurshid Butt, said here on Saturday that no genuine taxpayer would be harassed, and a committee comprising members of FBR and LCCI would be formed to sort out all tax-related issues.
Published 24 Apr, 2011 12:00am
Mukhtaran Mai case: review of Supreme Court's verdict demanded

Mukhtaran Mai case: review of Supreme Court's verdict demanded

Human rights activists on Saturday demanded the immediate review of Mukhtar Mai judgement stressing the government to provide airtight security to her. A large number of participants carrying placards, banners, posters of Mukhtar Mai, staged a stationary
Published 24 Apr, 2011 12:00am
Business Plan Competition UVAS,: NUST organise workshop

Business Plan Competition UVAS,: NUST organise workshop

The University of Veterinary and Animal Sciences (UVAS) department of economics and business management in collaboration with National University of Science and Technology (NUST) has organised 2-day workshop on Business Plan Competition here on Saturday a
Published 24 Apr, 2011 12:00am
Chief Justice LHC constitutes six DBs, 13 SBs

Chief Justice LHC constitutes six DBs, 13 SBs

Chief Justice Lahore High Court Ijaz Ahmad Chaudhry here on Saturday constituted 6 division benches (DBs) and 13 single benches (SBs) for the disposal of the cases pending at the principal seat for week commencing from April 25.
Published 24 Apr, 2011 12:00am
Punjab Assembly session on April 25

Punjab Assembly session on April 25

Punjab Assembly will hold its session on Monday (3:00pm). The session is being called on requisition of opposition. Rana Muhammad Iqbal will chair the session.
Published 24 Apr, 2011 12:00am
'ADP 2011-12 will be harmonised as per aspiration of the people'

'ADP 2011-12 will be harmonised as per aspiration of the people'

Punjab Chief Minister Muhammad Shahbaz Sharif has said that the next Annual Development Programme (ADP) will be harmonised as per aspirations of the people in the light of these proposals. He expressed these views while addressing a meeting, which held he
Published 24 Apr, 2011 12:00am
Market mechanism: PCF rejects any intervention

Market mechanism: PCF rejects any intervention

Pakistan Cotton Forum (PCF) Chairman, Seth Muhammad Akber has rejected any intervention to the free market mechanism in the cotton economy of the country.
Published 24 Apr, 2011 12:00am
PN frigate to leave Ankara for home today

PN frigate to leave Ankara for home today

Pakistan Navy frigate PNS Alamgir (FFG-260) is visiting Golcuk Naval Base here since April 21 and will depart for home on Sunday. PNS Alamgir, an Oliver Hazard Perry class frigate, was commissioned in Pakistan Navy on August 31, 2010 at Naval Station Mayp
Published 24 Apr, 2011 12:00am
One killed in landmine blast

One killed in landmine blast

One person was killed while another sustained injuries in a landmine blast here on Saturday. According to levies authorities, two youth were on their way home when their motorbike hit a landmine in Goth Gul Ghanwar area of Rabi Canal. As a result, a youth
Published 24 Apr, 2011 12:00am
Khyber Pakhtunkhwa to present balanced budget: minister

Khyber Pakhtunkhwa to present balanced budget: minister

Khyber Pakhtunkhwa (KP) Minister for Finance Muhammad Humayun Khan has said that detailed consultations with elected public representatives for preparation of a balanced budget for the next financial year 2011-12 are underway. Addressing a pre-budget Jirg
Published 24 Apr, 2011 12:00am
'Maintenance of law, order a must for economic development'

'Maintenance of law, order a must for economic development'

Capital City Police Officer (CCPO), Muhammad Aslam Tareen has said maintenance of law and order is a must for economic development in the country. The CCPO has directed establishment of Darbar committees in every area of the city to make foolproof arrange
Published 24 Apr, 2011 12:00am
Ministry receives over 50,000 Hajj applications in nine days

Ministry receives over 50,000 Hajj applications in nine days

The Ministry of Religious Affairs has received more than 50,000 Hajj applications in just nine days under government scheme, official sources told APP here on Saturday. The Ministry on April 15 started collecting applications from across the country throu
Published 24 Apr, 2011 12:00am
Non-payment of salaries: Christians block roads

Non-payment of salaries: Christians block roads

Christians serving in Children Complex, Multan, on Saturday staged a demonstration and blocked the city's main road by observing sit-in as protest against non-payment of their salaries before Easter as directed by both federal and provincial governments.
Published 24 Apr, 2011 12:00am
Passco to start wheat procurement from April 30

Passco to start wheat procurement from April 30

Pakistan Agriculture Storage and Services Corporation (Passco) announced here on Saturday to start wheat procurement from April 30, 2011 saying recent rains and moisture in wheat has delayed the process of by one week. However, the gunny bag distribution
Published 24 Apr, 2011 12:00am
CPSP offers specialisation in 67 disciplines

CPSP offers specialisation in 67 disciplines

College of Physicians and Surgeons Pakistan (CPSP) offers specialization in 67 disciplines apart from providing training to more than 90% fellows. President CPSP Professor Zafar Ullah Chaudhry informed journalists that the college would hold joint confere
Published 24 Apr, 2011 12:00am
Mukhtaran Mai case: Aitzaz to file review petition

Mukhtaran Mai case: Aitzaz to file review petition

Chaudhry Aitzaz counsel of Mukhtaran Mai has announced to challenge the Supreme Court verdict on her case through a review petition. In a press release issued here Saturday, Aitzaz said "I have consulted with Mukhatarn Mai, and we have decided that a peti
Published 24 Apr, 2011 12:00am
Please don't foster gun culture

Please don't foster gun culture

Even if half of the information on the booming gun culture in the country placed before a Senate sub-committee on Wednesday was correct, we as ordinary citizens of Pakistan would tend to believe that of the list of various elements promoting criminality i
Published 24 Apr, 2011 12:00am
Inexcusable negligence of water rights

Inexcusable negligence of water rights

A press report has brought to light what can only be described as a case of criminal negligence involving this country's water rights. Pakistani officials slept on their jobs as India kept building hydropower projects in violation of the Indus Water Treat
Published 24 Apr, 2011 12:00am
Pakistan floods 2010 and power system

Pakistan floods 2010 and power system

Two news items have made headlines - the first extremely positive was to the effect that this time around the country is happily heading towards a bumper crop and the second that the ADB provides US $650 million to help rebuild the flood-damaged infrastru
Published 24 Apr, 2011 12:00am
State of education

State of education

Pakistan's education system has failed to equip the youth with the skills necessary for the development of a modern state, society and economy. The government-run schools and colleges educate the vast majority of children. But their performance compared t
Published 24 Apr, 2011 12:00am
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