BR100 Decreased By (-0.23%)
BR30 Decreased By (-0.01%)
KSE100 Decreased By (-0.19%)
KSE30 Decreased By (-0.24%)
AGHA 7.74 Increased By ▲ 0.05 (0.65%)
BECO 5.29 Decreased By ▼ -0.02 (-0.38%)
BML 60.01 Decreased By ▼ -1.22 (-1.99%)
BOP 36.46 Increased By ▲ 0.46 (1.28%)
CNERGY 11.94 Increased By ▲ 0.69 (6.13%)
CSIL 6.17 No Change ▼ 0.00 (0%)
FCCL 57.36 Increased By ▲ 0.48 (0.84%)
FFL 16.58 Increased By ▲ 0.07 (0.42%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.32 Decreased By ▼ -0.10 (-1.35%)
KOSM 6.05 No Change ▼ 0.00 (0%)
LOTCHEM 27.14 Decreased By ▼ -0.06 (-0.22%)
MLCF 102.07 Decreased By ▼ -1.02 (-0.99%)
NBP 206.35 Decreased By ▼ -1.28 (-0.62%)
NCPL 62.62 Increased By ▲ 0.70 (1.13%)
NPL 71.98 Decreased By ▼ -0.20 (-0.28%)
OGDC 319.19 Increased By ▲ 0.70 (0.22%)
PACE 11.38 Increased By ▲ 0.32 (2.89%)
PAEL 43.88 Decreased By ▼ -0.50 (-1.13%)
PIBTL 16.84 Decreased By ▼ -0.06 (-0.36%)
PPL 221.55 Decreased By ▼ -0.93 (-0.42%)
PRL 63.75 Decreased By ▼ -0.06 (-0.09%)
PTC 72.41 Decreased By ▼ -0.75 (-1.03%)
SSGC 27.28 Increased By ▲ 0.03 (0.11%)
TBL 9.86 Decreased By ▼ -0.02 (-0.2%)
TELE 8.62 Decreased By ▼ -0.19 (-2.16%)
TPL 20.68 Increased By ▲ 0.34 (1.67%)
TPLP 14.98 Increased By ▲ 0.01 (0.07%)
TREET 24.10 No Change ▼ 0.00 (0%)
TRG 63.29 Increased By ▲ 0.92 (1.48%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Archive - 2011-06-20
44 killed in Russian highway plane crash
Top News

44 killed in Russian highway plane crash

MOSCOW : Forty-four people were killed and eight badly injured when a plane crashed onto a highway and burst into flames
Published 20 Jun, 2011 11:04pm
US stocks rise on Greek hopes
Financial

US stocks rise on Greek hopes

NEW YORK : US stock markets were up on Monday, as early fears of eurozone contagion gave way to optimism that Brussels
Published 20 Jun, 2011 08:21pm
Three killed in remote-control explosion
Top News

Three killed in remote-control explosion

PESHAWAR : Three people were killed and five other injured in a remote-controlled explosion near the Hujra of a member o
Published 20 Jun, 2011 06:23pm
European stocks lose ground
Financial

European stocks lose ground

LONDON : European stock markets fell Monday, with London 's benchmark FTSE 100 index of top shares shedding 0.38 percen
Published 20 Jun, 2011 03:49pm
Obama embarks on Africa visit
Africa

Obama embarks on Africa visit

WASHINGTON: US First Lady Michelle Obama was en route to Pretoria Monday to kick off a six-day Africa visit during which
Published 20 Jun, 2011 03:47pm
Sri Lanka 334-5 against England
Cricket

Sri Lanka 334-5 against England

SOUTHAMPTON: Sri Lanka were 334 for five in their second innings in reply to England's first innings 377 for eight decla
Published 20 Jun, 2011 02:52pm
Sri Lanka 226-4 against England
Cricket

Sri Lanka 226-4 against England

SOUTHAMPTON: Sri Lanka were 226 for four in their second innings in reply to England's first innings 377 for eight dec
Published 20 Jun, 2011 02:10pm
Weekly inflation increases by 0.51pc
Top News

Weekly inflation increases by 0.51pc

ISLAMABAD : The Sensitive Price Indicator (SPI), for the week ended on June 16, for the lowest income group up to Rs.3,0
Published 20 Jun, 2011 12:47pm
Oil down on eurozone, US fears
Energy

Oil down on eurozone, US fears

LONDON : Oil fell sharply on Monday because of continuing fears over Greece's debt crisis and concerns over the US econo
Published 20 Jun, 2011 11:07am
Assad refuses to reform under 'chaos'
Top News

Assad refuses to reform under 'chaos'

DAMASCUS : President Bashar al-Assad vowed Monday not to reform Syria under "chaos" but said dialogue could lead to a ne
Published 20 Jun, 2011 10:23am
Tokyo shares close flat
Financial

Tokyo shares close flat

TOKYO : Tokyo shares closed flat Monday, with earlier bargain-hunting driven gains losing steam as some other major Asia
Published 20 Jun, 2011 08:16am
Oil down in Asian trade
Energy

Oil down in Asian trade

SINGAPORE : Oil was lower in Asian trade Monday on continuing fears over Greece's debt crisis and concerns over the US
Published 20 Jun, 2011 07:28am
Japan logs deep trade deficit in May
Top News

Japan logs deep trade deficit in May

TOKYO : Japan posted a bigger-than-expected trade deficit in May with exports hit as the impact of the March earthquake
Published 20 Jun, 2011 07:02am
Libyan rebel leader to visit China
Top News

Libyan rebel leader to visit China

BEIJING : Senior Libyan rebel leader Mahmud Jibril will pay a two-day visit to China this week, the Chinese foreign mini
Published 20 Jun, 2011 06:57am
Drone strike kills three militants
Top News

Drone strike kills three militants

KURRAM: A drone strike destroyed a vehicle in a tribal district of Kurram on Monday, killing three militants near the b
Published 20 Jun, 2011 06:40am
Six killed in Mohmand attack: Officials
Top News

Six killed in Mohmand attack: Officials

KHAR: Dozens of militants attacked the homes of two tribal elders, killing six people, near the Afghan border, officials
Published 20 Jun, 2011 06:08am
KSE-100: In want of a propellant
BR Research

KSE-100: In want of a propellant

These are torturous times for a KSE investor. Not knowing how to react to the spate of political and business headlines, the market has been
Published 20 Jun, 2011 12:00am
Buffett-backed carmaker BYD raises $219 million in China IPO

Buffett-backed carmaker BYD raises $219 million in China IPO

Warren Buffett-backed Chinese carmaker BYD Co Ltd will raise a less-than-expected 1.42 billion yuan ($219 million) in its initial public offering in Shenzhen, weighed down by weak investor sentiment and worries over its poor performance.
Published 20 Jun, 2011 12:00am
Buffett-backed carmaker BYD raises $219 million in China IPO

Buffett-backed carmaker BYD raises $219 million in China IPO

Warren Buffett-backed Chinese carmaker BYD Co Ltd will raise a less-than-expected 1.42 billion yuan ($219 million) in its initial public offering in Shenzhen, weighed down by weak investor sentiment and worries over its poor performance.
Published 20 Jun, 2011 12:00am
Unity among Muslims stressed

Unity among Muslims stressed

It is the time that the Muslims should shun their sectarian differences and forge unity among their ranks for the prosperity of the country. This was stated by the Chairman Central Imam Hussain Council Islamabad and federal Advisor Information Ghazanfar M
Published 20 Jun, 2011 12:00am
Mentally retarded youth kills two, injures 5

Mentally retarded youth kills two, injures 5

Two men were killed and another five injured in firing by a reportedly mentally disturbed man on Sunday in Chakiwara, Lyari in the limits of Chakiwara police station. SHO Chakiwara, Yousuf Baloch said that 30-year Sajid, 70-year Imam Bux, Ghulam Rasool, M
Published 20 Jun, 2011 12:00am
Naveed Qamar visits protective bunds

Naveed Qamar visits protective bunds

Federal Minister for Water and Power, Syed Naveed Qamar expressed satisfaction over ongoing development works of protective bunds and said the construction will be completed by July this year. This he said while talking to media while inspecting the ongoi
Published 20 Jun, 2011 12:00am
SPSC examination results announced

SPSC examination results announced

Sindh Public Service Commission has announced the names of successful candidates who were interviewed for the post of Lecturer, Social Studies (male & female) BPS-17 in Education & Literacy Department, Government of Sindh in the month of June 2011.
Published 20 Jun, 2011 12:00am
Drive against stray dogs from June 21

Drive against stray dogs from June 21

The campaign against stray dogs will be carried out in the Shah Faisal Town on the night between Tuesday and Wednesday. DTO Solid Waste Naeem Sabir told APP that in connection with the Green and Clean Karachi Campaign the drive against pye-dogs will be ca
Published 20 Jun, 2011 12:00am
Prime Minister condemns murder of Olympian

Prime Minister condemns murder of Olympian

Prime Minister Syed Yousuf Raza Gilani has strongly condemned the murder of Olympian Syed Abrar Hussain Shah, Director, Pakistan Sports Board, Quetta. Talking to Syed Sabir Hussain Shah, brother of late Syed Abrar Hussain Shah, Prime Minister Gilani praye
Published 20 Jun, 2011 12:00am
Meeting reviews law and order situation in Karachi

Meeting reviews law and order situation in Karachi

A high-level meeting held here Sunday at Chief Minister's House to review law and order situation in the province, particularly Karachi. The meeting was co-chaired by Chief Minister Sindh, Syed Qaim Ali Shah and Interior Minister, Rehman Malik, wherein br
Published 20 Jun, 2011 12:00am
1LINK, PTCL sign agreement

1LINK, PTCL sign agreement

PTCL turned another milestone by the entry of 1LINK (Guarantee) Limited in its corporate customer's portfolio. In this regard, PTCL will provide Data Centre services, MPLS connectivity for 30+participant banks and long-haul connectivity.
Published 20 Jun, 2011 12:00am
IHCBA demands completion of judges' strength

IHCBA demands completion of judges' strength

The Islamabad High Court Bar Association (IHCBA) on Sunday called for fulfilment of the vacant posts of judges on priority bases. Talking to APP, newly-elected IHCBA President Chaudhry Ashraf Gujar said the IHC has completed five months after becoming fun
Published 20 Jun, 2011 12:00am
Cathay Pacific hit by Japan quake, eyes Gulf markets

Cathay Pacific hit by Japan quake, eyes Gulf markets

Cathay Pacific's revenue from Japan will remain low in 2011 after the devastating earthquake and nuclear meltdown continue to keep passengers away, its chief operating officer said. Ivan Chu said revenue from Japan, which accounts for about 7 to 8 percent
Published 20 Jun, 2011 12:00am
Facebook hires former Clinton's spokesman

Facebook hires former Clinton's spokesman

Facebook announced on June 14 that it had hired former US president Bill Clinton's spokesman Joe Lockhart to serve as vice president of global communications at the social network. "Joe's arrival brings new skills and greater depth to our incredibly busy
Published 20 Jun, 2011 12:00am
Swiss big banks risk substantial losses: SNB

Swiss big banks risk substantial losses: SNB

Swiss banking giants Credit Suisse and UBS have relatively low exposure to indebted eurozone states but risk substantial losses if the economy were to deteriorate, the Swiss central bank warned on June 16. "Compared to last year, there has been no notable
Published 20 Jun, 2011 12:00am
Japan major companies enjoy record profits in Asia: report

Japan major companies enjoy record profits in Asia: report

Japan's major companies enjoyed record profits in Asia in the past fiscal year, surpassing their domestic figures, according to a survey released on June 12. The Nikkei business daily carried out the poll covering 130 listed firms that published region-by
Published 20 Jun, 2011 12:00am
Wipro names new head for back office operations

Wipro names new head for back office operations

Wipro Ltd, India's No 3 software services exporter, on June 13 named Manish Dugar, currently the chief financial officer of its key IT outsourcing business, as the head of its back office operations effective immediately. Dugar will replace Ashutosh Vaidy
Published 20 Jun, 2011 12:00am
Logitech sees no threat from Microsoft

Logitech sees no threat from Microsoft

Logitech expects a boost in its business from Microsoft's $8.5 billion acquisition of Skype as the deal should lift wider take-up of videocommunications, a senior executive told Reuters. Craig Malloy, co-founder and chief executive of Logitech's LifeSize
Published 20 Jun, 2011 12:00am
Goldman offloads mortgage servicing business

Goldman offloads mortgage servicing business

Goldman Sachs Group Inc agreed to sell its beleaguered mortgage servicing unit for just over $600 million, putting an end to its ill-timed 3-1/2 year foray into a controversial corner of the US housing market. Ocwen Financial Corp said it would buy Goldma
Published 20 Jun, 2011 12:00am
Bell ton puts England on top

Bell ton puts England on top

Ian Bell's second hundred in three matches guided England into a commanding position on the fourth day of the third and final Test against Sri Lanka at the Rose Bowl here on Sunday. Sri Lanka were 14 without loss in their second innings at tea on the four
Published 20 Jun, 2011 12:00am
Hoor Asrar awarded Rs 100,000

Hoor Asrar awarded Rs 100,000

On the eve of 58th birthday celebrations of Shaheed Mohtarma Benazir Bhutto, government of Sindh has bestowed on Hoor Asrar Rauf, the youngest record holder of National Breaststroker of Pakistan, "best Swimmer of Pakistan" Award besides a certificate of R
Published 20 Jun, 2011 12:00am
Indian players not to play in Lanka league

Indian players not to play in Lanka league

The Indian cricket board (BCCI) has denied permission to a dozen cricketers to play in the inaugural Sri Lanka Premier League, local media reported on Sunday.
Published 20 Jun, 2011 12:00am
Matching Federer slam haul a 'dream' says Nadal

Matching Federer slam haul a 'dream' says Nadal

Rafael Nadal played down his chances of matching Roger Federer's Grand Slam haul here Sunday, saying the likelihood of reaching his rival's record of 16 titles remained "a dream." After adding four more Grand Slam titles in the past year the 25-year-old S
Published 20 Jun, 2011 12:00am
Women's tour stronger than ever, says Serena

Women's tour stronger than ever, says Serena

Serena Williams believes it will be hard for her and sister Venus to make a winning return at Wimbledon because the women's tour is stronger than ever. Serena returned to action for the first time in 12 months after serious health problems at Eastbourne l
Published 20 Jun, 2011 12:00am
I can cope with extra pressure: Li

I can cope with extra pressure: Li

French Open champion Li Na insists she can cope with the extra pressure of being Asia's first Grand Slam singles winner as the Chinese star aims to continue her year to remember at Wimbledon. Li made history when she ended the long wait for an Asian champ
Published 20 Jun, 2011 12:00am
Asian big guns blast towards Olympics

Asian big guns blast towards Olympics

Asian zone heavyweights Australia, Japan and South Korea put one foot in the final phase of London Olympics qualifying with emphatic home victories on Sunday. Asia's top trio all scored three times against Middle Eastern opposition, making them strong fav
Published 20 Jun, 2011 12:00am
Pakistan beat South Africa in FIP Polo World Cup

Pakistan beat South Africa in FIP Polo World Cup

Pakistan beat South Africa by 12 1/2 - 10 margin in an important match of the FIP Polo World Cup Finals being played in the Malaysian city of Pekan, Pahang, President Lahore Polo Club Irfan Ali Haider told Business Recorder here on Sunday.
Published 20 Jun, 2011 12:00am
Leipheimer snatches Tour of Switzerland win

Leipheimer snatches Tour of Switzerland win

American Levi Leipheimer won the Tour of Switzerland on Sunday following the ninth stage, a 32.1 km time trial won by Switzerland's Fabian Cancellara. Overnight race leader Damiano Cunego went into the final stage with a 1min 59sec lead over RadioShack al
Published 20 Jun, 2011 12:00am
Invocation of sovereign guarantees

Invocation of sovereign guarantees

Mismanagement in the power sector cannot be explained better than the decision of four independent power producers (IPPs) on 15th June, 2011 to invoke sovereign guarantees for the recovery of their dues of over Rs 10 billion outstanding against NTDC/Pepco
Published 20 Jun, 2011 12:00am
Restructuring the bureaucracy

Restructuring the bureaucracy

The federal government, under the guidance of Dr Nadeemul Haq, the Deputy Chairman Planning Commission and a former International Monetary Fund staffer, is considering a profound change in the civil service structure: replacing grade 22 scales and various
Published 20 Jun, 2011 12:00am
Electricity shortfall to continue

Electricity shortfall to continue

Electricity shortfall peaked at 6000 MW a couple of weeks ago and has fluctuated since. Last week it was in excess of 4000 MW as summer temperatures continued to soar. However, the past week witnessed many a violent protest in several cities where load sh
Published 20 Jun, 2011 12:00am
The innocent Finance Minister

The innocent Finance Minister

During the current fiscal year, economic growth remained 2.4 percent, fiscal deficit stood at 5.1 per cent of GDP excluding 120 billion rupees of circular debt. The fiscal deficit should have been greater if additional measures were not taken on March 15
Published 20 Jun, 2011 12:00am
Euro debt crisis raises fresh calls for tighter union

Euro debt crisis raises fresh calls for tighter union

Europe's debt crisis, highlighted by fears of a Greek meltdown for a second time in just over a year, is raising fresh calls to strengthen EU political union to guarantee a future for the common currency.
Published 20 Jun, 2011 12:00am
Stealing the CDs

Stealing the CDs

It is possible that someone from within has handed over the CDs of the in-camera session of the Parliament to the US Embassy in Islamabad; but let us not forget that the Americans have the capability to listen to individual conversations through their sat
Published 20 Jun, 2011 12:00am
Tourism in Pakistan

Tourism in Pakistan

Pakistan appeared on the world map on August 14, 1947, and is spread over an area of 796,095 Sq Kms with an estimated population of 163.8(p) million. It is a federation of four provinces, namely; Balochistan, Sindh, Punjab, Khyber Pakhtunkhwa, Federally A
Published 20 Jun, 2011 12:00am
Role of public sector in tourism development

Role of public sector in tourism development

Development of tourism infrastructure requires heavy investment in wide-ranging and diverse activities. Many of these activities are in the form of public utilities like power, water, gas and transport etc. These services are so vital to the society that
Published 20 Jun, 2011 12:00am
Pakistan: A land of opportunity

Pakistan: A land of opportunity

Northern Areas of Pakistan, spread over 72,496 sq. km are as fascinating as its southern region. Amidst towering snow-clad peaks with heights varying from 1,000 m to 8,000 meters, the regions of Gilgit, Hunza, Baltistan and Shangri-La. The cultural patter
Published 20 Jun, 2011 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 13 - 18, 2011)

Published 20 Jun, 2011 12:00am
The Weather

The Weather

The weather report on Sunday (June 05, 2011) and the forecast for Monday (June 06, 2011).

Published 20 Jun, 2011 12:00am
Abbottabad incident commission: government urges CJP to name a judge

Abbottabad incident commission: government urges CJP to name a judge

The Law Ministry has finally written a letter to the Chief Justice of Pakistan for nominating a Judge to head the Abbottabad Commission. In keeping with a resolution passed by a joint session of parliament last month, Prime Minister Yousuf Raza Gilani had
Published 20 Jun, 2011 12:00am
Abbottabad incident commission: government urges CJP to name a judge

Abbottabad incident commission: government urges CJP to name a judge

The Law Ministry has finally written a letter to the Chief Justice of Pakistan for nominating a Judge to head the Abbottabad Commission. In keeping with a resolution passed by a joint session of parliament last month, Prime Minister Yousuf Raza Gilani had
Published 20 Jun, 2011 12:00am
India and China armies resume talks

India and China armies resume talks

India resumes defence contacts with China frozen for a year when an Indian military delegation visits on Sunday, though few expect any breakthrough with Beijing pursuing its "all-weather friendship" with Pakistan.
Published 20 Jun, 2011 12:00am
India and China armies resume talks

India and China armies resume talks

India resumes defence contacts with China frozen for a year when an Indian military delegation visits on Sunday, though few expect any breakthrough with Beijing pursuing its "all-weather friendship" with Pakistan.
Published 20 Jun, 2011 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

Year-end payments pushed the rupee lower against dollar during the week ended on June 19, 2011, although it struggled to minimise its losses in the face of higher demand by importers to clear the bills for oil and other foreign goods. In the interbank, th
Published 20 Jun, 2011 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

Year-end payments pushed the rupee lower against dollar during the week ended on June 19, 2011, although it struggled to minimise its losses in the face of higher demand by importers to clear the bills for oil and other foreign goods. In the interbank, th
Published 20 Jun, 2011 12:00am
US conducting 'outreach' talks

US conducting 'outreach' talks

Defence Secretary Robert Gates said Sunday that the US State Department, in tandem with other countries, has been conducting preliminary "outreach" talks with the Taliban in Afghanistan.
Published 20 Jun, 2011 12:00am
US conducting 'outreach' talks

US conducting 'outreach' talks

Defence Secretary Robert Gates said Sunday that the US State Department, in tandem with other countries, has been conducting preliminary "outreach" talks with the Taliban in Afghanistan.
Published 20 Jun, 2011 12:00am
Pakistan says it drives militants into Afghanistan

Pakistan says it drives militants into Afghanistan

Pakistan has driven a group of militants from a stronghold in its tribal areas into eastern Afghanistan, the army said on Sunday, in the latest flare-up along the Pakistan-Afghan border. With each country blaming the other for failing to crack down hard e
Published 20 Jun, 2011 12:00am
Pakistan says it drives militants into Afghanistan

Pakistan says it drives militants into Afghanistan

Pakistan has driven a group of militants from a stronghold in its tribal areas into eastern Afghanistan, the army said on Sunday, in the latest flare-up along the Pakistan-Afghan border. With each country blaming the other for failing to crack down hard e
Published 20 Jun, 2011 12:00am
Eight troops die in one day in Afghanistan

Eight troops die in one day in Afghanistan

Eight foreign soldiers died in one day in Afghanistan, officials said Sunday, including four in a single incident believed to have been a vehicle accident. The four died Saturday of "non-battle related injuries" in southern Afghanistan, the Nato-led Inter
Published 20 Jun, 2011 12:00am
Eight troops die in one day in Afghanistan

Eight troops die in one day in Afghanistan

Eight foreign soldiers died in one day in Afghanistan, officials said Sunday, including four in a single incident believed to have been a vehicle accident. The four died Saturday of "non-battle related injuries" in southern Afghanistan, the Nato-led Inter
Published 20 Jun, 2011 12:00am
Amendment to income tax law opposed

Amendment to income tax law opposed

Some members of the Tax Reform Co-ordination Group (TRCG) have opposed a proposed amendment to section 18 of the Income Tax Ordinance 2001 pertaining to "Income from Business", through Finance Bill 2011-12.
Published 20 Jun, 2011 12:00am
Amendment to income tax law opposed

Amendment to income tax law opposed

Some members of the Tax Reform Co-ordination Group (TRCG) have opposed a proposed amendment to section 18 of the Income Tax Ordinance 2001 pertaining to "Income from Business", through Finance Bill 2011-12.
Published 20 Jun, 2011 12:00am
Amendment to income tax law opposed

Amendment to income tax law opposed

Some members of the Tax Reform Co-ordination Group (TRCG) have opposed a proposed amendment to section 18 of the Income Tax Ordinance 2001 pertaining to "Income from Business", through Finance Bill 2011-12.
Published 20 Jun, 2011 12:00am
Trichet warns of widening global imbalances

Trichet warns of widening global imbalances

European Central Bank President Jean-Claude Trichet on Sunday raised concern about widening global imbalances after the financial crisis, calling them one of the main challenges for the global economy. Global imbalances were blamed for contributing to and
Published 20 Jun, 2011 12:00am
Trichet warns of widening global imbalances

Trichet warns of widening global imbalances

European Central Bank President Jean-Claude Trichet on Sunday raised concern about widening global imbalances after the financial crisis, calling them one of the main challenges for the global economy. Global imbalances were blamed for contributing to and
Published 20 Jun, 2011 12:00am
Trichet warns of widening global imbalances

Trichet warns of widening global imbalances

European Central Bank President Jean-Claude Trichet on Sunday raised concern about widening global imbalances after the financial crisis, calling them one of the main challenges for the global economy. Global imbalances were blamed for contributing to and
Published 20 Jun, 2011 12:00am
Commercial import of arms and ammunition: MoC fails to convince Cabinet

Commercial import of arms and ammunition: MoC fails to convince Cabinet

Commerce Ministry has reportedly failed to convince the federal cabinet on its move to restart commercial import of arms and ammunition of non-prohibited bores as some officials are eyeing this 'profitable' personal business, sources told Business Reco
Published 20 Jun, 2011 12:00am
Commercial import of arms and ammunition: MoC fails to convince Cabinet

Commercial import of arms and ammunition: MoC fails to convince Cabinet

Commerce Ministry has reportedly failed to convince the federal cabinet on its move to restart commercial import of arms and ammunition of non-prohibited bores as some officials are eyeing this 'profitable' personal business, sources told Business Reco
Published 20 Jun, 2011 12:00am
Commercial import of arms and ammunition: MoC fails to convince Cabinet

Commercial import of arms and ammunition: MoC fails to convince Cabinet

Commerce Ministry has reportedly failed to convince the federal cabinet on its move to restart commercial import of arms and ammunition of non-prohibited bores as some officials are eyeing this ''profitable'' personal business, sources told Business Re
Published 20 Jun, 2011 12:00am
Tens of thousands protest against cuts in Madrid

Tens of thousands protest against cuts in Madrid

Tens of thousands of protesters flooded the streets of Madrid Sunday blaming bankers and politicians for causing a financial crisis that forced the country to adopt painful spending cuts. Demonstrators of all ages linked to a protest movement called the "
Published 20 Jun, 2011 12:00am
Tens of thousands protest against cuts in Madrid

Tens of thousands protest against cuts in Madrid

Tens of thousands of protesters flooded the streets of Madrid Sunday blaming bankers and politicians for causing a financial crisis that forced the country to adopt painful spending cuts. Demonstrators of all ages linked to a protest movement called the "
Published 20 Jun, 2011 12:00am
Tens of thousands protest against cuts in Madrid

Tens of thousands protest against cuts in Madrid

Tens of thousands of protesters flooded the streets of Madrid Sunday blaming bankers and politicians for causing a financial crisis that forced the country to adopt painful spending cuts. Demonstrators of all ages linked to a protest movement called the "
Published 20 Jun, 2011 12:00am
Syrian army cuts off supply to refugees

Syrian army cuts off supply to refugees

The Syrian army has cut off a key border village supplying people fleeing to Turkey, closing its only bakery and burning surrounding forests, residents who managed to escape said Sunday. The security operation in Bdama triggered a new exodus to the fronti
Published 20 Jun, 2011 12:00am
Syrian army cuts off supply to refugees

Syrian army cuts off supply to refugees

The Syrian army has cut off a key border village supplying people fleeing to Turkey, closing its only bakery and burning surrounding forests, residents who managed to escape said Sunday. The security operation in Bdama triggered a new exodus to the fronti
Published 20 Jun, 2011 12:00am
Arab unrest: perspectives - XXXII

Arab unrest: perspectives - XXXII

United States Chairman Joint Chiefs of Staff Mike Mullen's recent TV interview seems to have confirmed suspicions that the Supreme Council of the armed forces in Egypt, which is said to have been tasked by the US to midwife a democratic process in post-Mu
Published 20 Jun, 2011 12:00am
Arab unrest: perspectives - XXXII

Arab unrest: perspectives - XXXII

United States Chairman Joint Chiefs of Staff Mike Mullen's recent TV interview seems to have confirmed suspicions that the Supreme Council of the armed forces in Egypt, which is said to have been tasked by the US to midwife a democratic process in post-Mu
Published 20 Jun, 2011 12:00am
Dialogue only solution to resolve dispute: Prime Minister

Dialogue only solution to resolve dispute: Prime Minister

Prime Minister Syed Yusuf Raza Gilani on Sunday said Pakistan wants to have good relations with its neighbours adding that all issues can be resolved through dialogue. Addressing a public meeting here today after inaugurating development projects, the Pri
Published 20 Jun, 2011 12:00am
Dialogue only solution to resolve dispute: Prime Minister

Dialogue only solution to resolve dispute: Prime Minister

Prime Minister Syed Yusuf Raza Gilani on Sunday said Pakistan wants to have good relations with its neighbours adding that all issues can be resolved through dialogue. Addressing a public meeting here today after inaugurating development projects, the Pri
Published 20 Jun, 2011 12:00am
Refugees on rise and poor countries bear brunt: UNHCR

Refugees on rise and poor countries bear brunt: UNHCR

The number of people forced to flee their homes to escape war or abuse has risen to its highest for 15 years, with four out of five refugees in developing countries, the United Nations said on Monday. In all, there were 43.7 million displaced people world
Published 20 Jun, 2011 12:00am
Refugees on rise and poor countries bear brunt: UNHCR

Refugees on rise and poor countries bear brunt: UNHCR

The number of people forced to flee their homes to escape war or abuse has risen to its highest for 15 years, with four out of five refugees in developing countries, the United Nations said on Monday. In all, there were 43.7 million displaced people world
Published 20 Jun, 2011 12:00am
Bearish trend on KSE

Bearish trend on KSE

A bearish trend persisted at the Karachi share market during the week ended on June 17, 2011 and the KSE-100 index lost 16.45 points to close at 12,361.32 points. Trading remained extremely low and the average daily volume at ready counter declined to 53.
Published 20 Jun, 2011 12:00am
Bearish trend on KSE

Bearish trend on KSE

A bearish trend persisted at the Karachi share market during the week ended on June 17, 2011 and the KSE-100 index lost 16.45 points to close at 12,361.32 points. Trading remained extremely low and the average daily volume at ready counter declined to 53.
Published 20 Jun, 2011 12:00am
Bearish trend on KSE

Bearish trend on KSE

A bearish trend persisted at the Karachi share market during the week ended on June 17, 2011 and the KSE-100 index lost 16.45 points to close at 12,361.32 points. Trading remained extremely low and the average daily volume at ready counter declined to 53.
Published 20 Jun, 2011 12:00am
Futures open interest up three percent

Futures open interest up three percent

Total open interest position at the futures counter increased by 3 percent, to Rs 1.16 billion, during the week ended on June 18, 2011. On the other hand, futures spreads also increased by 287bps to 11.15 percent. Trading at the futures counter remained v
Published 20 Jun, 2011 12:00am
Futures open interest up three percent

Futures open interest up three percent

Total open interest position at the futures counter increased by 3 percent, to Rs 1.16 billion, during the week ended on June 18, 2011. On the other hand, futures spreads also increased by 287bps to 11.15 percent. Trading at the futures counter remained v
Published 20 Jun, 2011 12:00am
Futures open interest up three percent

Futures open interest up three percent

Total open interest position at the futures counter increased by 3 percent, to Rs 1.16 billion, during the week ended on June 18, 2011. On the other hand, futures spreads also increased by 287bps to 11.15 percent. Trading at the futures counter remained v
Published 20 Jun, 2011 12:00am
Futures open interest up three percent

Futures open interest up three percent

Total open interest position at the futures counter increased by 3 percent, to Rs 1.16 billion, during the week ended on June 18, 2011. On the other hand, futures spreads also increased by 287bps to 11.15 percent. Trading at the futures counter remained v
Published 20 Jun, 2011 12:00am
PN rescues MV SUEZ crew

PN rescues MV SUEZ crew

Pakistan Navy (PN) rescued all the 22 crew members of MV SUEZ, the ship released by Somali pirates, which had developed fault in Gulf of Aden. Operation Umeed-e-Nuh was initiated by Pakistan Navy, when Captain of MV SUEZ requested for assistance/escort, a
Published 20 Jun, 2011 12:00am
PN rescues MV SUEZ crew

PN rescues MV SUEZ crew

Pakistan Navy (PN) rescued all the 22 crew members of MV SUEZ, the ship released by Somali pirates, which had developed fault in Gulf of Aden. Operation Umeed-e-Nuh was initiated by Pakistan Navy, when Captain of MV SUEZ requested for assistance/escort, a
Published 20 Jun, 2011 12:00am
MQM to resolve Kashmir issue forthwith: Altaf

MQM to resolve Kashmir issue forthwith: Altaf

Altaf Hussain, chief of Muttahida Qaumi Movement, on Sunday claimed that if MQM's government was formed in Azad Jammu and Kashmir, the Kashmir issue would be resolved forthwith. Addressing a public meeting in Muzaffarabad from London via telephone, he urg
Published 20 Jun, 2011 12:00am
Gunmen in Mexico kill 17 as FIFA tournament opens

Gunmen in Mexico kill 17 as FIFA tournament opens

At least 17 people were killed in a string of attacks in Mexico, authorities said Sunday, including a shooting at a bar in Monterrey just hours after the opening of soccer's Under-17 World Cup.
Published 20 Jun, 2011 12:00am
Gunmen in Mexico kill 17 as FIFA tournament opens

Gunmen in Mexico kill 17 as FIFA tournament opens

At least 17 people were killed in a string of attacks in Mexico, authorities said Sunday, including a shooting at a bar in Monterrey just hours after the opening of soccer's Under-17 World Cup.
Published 20 Jun, 2011 12:00am
Tehseen Shah mad as new DG FIA

Tehseen Shah mad as new DG FIA

Tehseen Anwar Shah has been appointed as new Director General Federal Investigation Agency (FIA) of Pakistan on late Sunday, a private TV channel reported. Anwar Shah has been working as Additional DG Federal Investigation Agency. He is also a grade-21 po
Published 20 Jun, 2011 12:00am
Tehseen Shah mad as new DG FIA

Tehseen Shah mad as new DG FIA

Tehseen Anwar Shah has been appointed as new Director General Federal Investigation Agency (FIA) of Pakistan on late Sunday, a private TV channel reported. Anwar Shah has been working as Additional DG Federal Investigation Agency. He is also a grade-21 po
Published 20 Jun, 2011 12:00am
Nine more die in fresh spate of violence

Nine more die in fresh spate of violence

At least nine more persons were reportedly killed in different incidents of violence in Karachi on Sunday, a private TV said. On Sunday morning, a 30 year old person, Rafiq Kachi, was shot dead near Ghausia Mosque in Agra Taj Colony of Lyari area. Raifq's
Published 20 Jun, 2011 12:00am
Nine more die in fresh spate of violence

Nine more die in fresh spate of violence

At least nine more persons were reportedly killed in different incidents of violence in Karachi on Sunday, a private TV said. On Sunday morning, a 30 year old person, Rafiq Kachi, was shot dead near Ghausia Mosque in Agra Taj Colony of Lyari area. Raifq's
Published 20 Jun, 2011 12:00am
Moroccan king's backers attack democracy activists

Moroccan king's backers attack democracy activists

Pro-government demonstrators in Morocco have attacked democracy activists protesting constitutional reforms recently unveiled by Morocco's king. Hundreds of young men paraded through a lower income neighborhood of the capital Rabat on Sunday waving Morocc
Published 20 Jun, 2011 12:00am
Moroccan king's backers attack democracy activists

Moroccan king's backers attack democracy activists

Pro-government demonstrators in Morocco have attacked democracy activists protesting constitutional reforms recently unveiled by Morocco's king. Hundreds of young men paraded through a lower income neighborhood of the capital Rabat on Sunday waving Morocc
Published 20 Jun, 2011 12:00am
Afghanistan says will deal with IMF crisis after summer holiday

Afghanistan says will deal with IMF crisis after summer holiday

Afghanistan said on Sunday it won't be able to address a key International Monetary Fund concern over a looming cash crisis, sparked by a corruption scandal at a failed bank, for more than a month because lawmakers are on holidays.
Published 20 Jun, 2011 12:00am
Afghanistan says will deal with IMF crisis after summer holiday

Afghanistan says will deal with IMF crisis after summer holiday

Afghanistan said on Sunday it won't be able to address a key International Monetary Fund concern over a looming cash crisis, sparked by a corruption scandal at a failed bank, for more than a month because lawmakers are on holidays.
Published 20 Jun, 2011 12:00am
KBP urges government not to impose GST on agriculture inputs

KBP urges government not to impose GST on agriculture inputs

The Kissan Board Pakistan (KBP) has demanded the government to withdraw the decision of imposing general sales tax (GST) on agriculture inputs. According to a press release issued here on Sunday, KBP President Sardar Zafar Hussain said that agriculture wa
Published 20 Jun, 2011 12:00am
Militants blow up Pesco transmission tower

Militants blow up Pesco transmission tower

Unidentified militants have blown up an electric tower of Terbella-Peshawar transmission line of 500 KV, which has plunged Peshawar and adjoining areas into darkness.
Published 20 Jun, 2011 12:00am
LDBA bans entry of touts in all district courts

LDBA bans entry of touts in all district courts

Lahore District Bar Association (LBA) has banned the entry of touts in all district courts and warned strict criminal action if anyone found submitting bogus documents for personal sureties in bail matters. Talking to APP here on Sunday Vice President LDB
Published 20 Jun, 2011 12:00am
PFUJ condemns journalist's beating

PFUJ condemns journalist's beating

Pakistan Federal Union of Journalists (PFUJ) has condemned the maltreatment of another journalist in Islamabad late Saturday night. In a statement, PFUJ Secretary-General Amin Yousuf said that another journalist has been subjected to torture by unidentifi
Published 20 Jun, 2011 12:00am
SU notification

SU notification

Controller of Examinations, University of Sindh has notified that the first semester examination 2010-11 for Associate Degree in Education (ADE) at Government Elementary College of Education (Women), here will be conducted in the month of July, 2011.
Published 20 Jun, 2011 12:00am
Condolence

Condolence

President Asif Ali Zardari on Sunday expressed sorrow and grief on the sad demise of mother of Rukhsana Bangash, MNA who is also his Political Secretary. The President in his condolence message said that the death of one's mother is a great personal loss
Published 20 Jun, 2011 12:00am
Modern laser machine becomes operational at LGH

Modern laser machine becomes operational at LGH

A modern laser machine for surgery of urology related complications have become operative at Urology Departmentt of Lahore General Hospital. Purchased at a cost of Rs12.5 million at special instruction of Chief Minister Punjab Muhammad Shahbaz Sharif, thi
Published 20 Jun, 2011 12:00am
Media urged to unveil 'real face' of PML-N

Media urged to unveil 'real face' of PML-N

Federal Minister for Information and Broadcasting Dr Firdous Ashiq Awan has stressed upon the media to unveil the real face of so-called champions of democraccy and ruling junta of Punjab PPP is a democratic party and believes in democratic norms and so-c
Published 20 Jun, 2011 12:00am
Desilting of 22 watercourses in Punjab begins

Desilting of 22 watercourses in Punjab begins

Human Development Foundation (HDF) has started desilting of 22 water courses in Southern Punjab which were blocked by the floods last year. The project has been initiated with the collaboration of Food and Agriculture Organisation of the United Nations (F
Published 20 Jun, 2011 12:00am
'No hospital sans doctors in Punjab'

'No hospital sans doctors in Punjab'

Secretary Health Punjab, Mohammad Jehanzeb Khan, with a view to run the public sector hospitals with full capacity and provide maximum healthcare facilities to the people has directed to fill all vacant posts in public sector hospitals on priority basis.
Published 20 Jun, 2011 12:00am
Crackdown on spurious agriculture-drug makers conducted

Crackdown on spurious agriculture-drug makers conducted

Convenor Sub-committee Control of Spurious Agricultural Drugs, Asif Manzur Mohal while talking to media, here on Sunday, said that on the instructions of CM Punjab, a crackdown has taken place in Vehari, Mian Chanu, Kasur and Multan against spurious drug.
Published 20 Jun, 2011 12:00am
Protection walls, roads repaired in Hangu

Protection walls, roads repaired in Hangu

The protection walls and roads have been rehabilitated that were damaged last year flash floods in district Hangu. The district administration has rebuilt 11-metre-long causeway along with 77 metres of protection walls in the village Ibrahim Zai, district
Published 20 Jun, 2011 12:00am
IG takes serious note of non-compliance of order

IG takes serious note of non-compliance of order

Inspector General of Police Punjab has taken serious note of non-compliance of his order for holding enquiry against Liaqat Ali Malik, SP (Investigation) Civil Line Division, Lahore for patronising land mafia and fraudsters.
Published 20 Jun, 2011 12:00am
Scattered rain predicted in upper regions

Scattered rain predicted in upper regions

The Meteorological department has forecast thunderstorm/rain to occur over Gilgit-Baltistan, Hazara, Malakand, Gujranwala, Lahore, D.G.Khan, Faisalabad & Bahawalpur divisions and scattered thunderstorm/rain may likely to occur over Kashmir. However mainly
Published 20 Jun, 2011 12:00am
Pakistan committed to probing bin Laden hiding: Haqqani

Pakistan committed to probing bin Laden hiding: Haqqani

Pakistan is committed to probing how Osama bin Laden was able to hide in the country before al-Qaeda chief was killed in a American action last month and has already rounded up more than 30 people as part of the investigation, Pakistan's ambassador in Was
Published 20 Jun, 2011 12:00am
'People of Punjab being targeted with petrol bomb'

'People of Punjab being targeted with petrol bomb'

Punjab Chief Minister, Shahbaz Sharif talking to media, here on Sunday, said that people of Punjab have been targeted with petrol bomb and pointed that if the injustices were not ceased forthwith, then 'Punjabis knew how to get their rights'.
Published 20 Jun, 2011 12:00am
Punjab to spend Rs 14.5 billion on uplift projects

Punjab to spend Rs 14.5 billion on uplift projects

The Punjab Government will spend an amount of Rs14.5 billion on the execution of different developmental projects aiming at improving the school education sector during the fiscal year 2011-12. Raja Anwar, Chairman Punjab Education Foundation stated this
Published 20 Jun, 2011 12:00am
Consultancy contract: NAB summons NSUSC

Consultancy contract: NAB summons NSUSC

The National Accountability Bureau (NAB), Sindh, has summoned the North Sindh Urban Services Corporation Limited (NSUSC) officials, along with relevant documents, to appear on June 21 to explain the award of consultancy contract to Mott McDonald on the ba
Published 20 Jun, 2011 12:00am
Thar-Coal project to produce cheap electricity: Dr Samar

Thar-Coal project to produce cheap electricity: Dr Samar

Renowned scientist Dr Samar Mubarkmand has said the country had third biggest coal reserves, which could be utilised for producing cheap electricity. Talking to Pakistan Television, he said that scientists were working on the Thar-Coal project to meet the
Published 20 Jun, 2011 12:00am
Malik meets acting DG Rangers Sindh

Malik meets acting DG Rangers Sindh

Federal Interior Minister, Abdul Rahman Malik met the acting Director General Rangers Sindh, Brigadier Zaffar at Chief Minister' House, here on Sunday. He lauded the services of Rangers in improving the law and order in Karachi and overcoming targeted kil
Published 20 Jun, 2011 12:00am
Over-speeding claims 15 lives

Over-speeding claims 15 lives

At-least 15 people died when a passenger bus going to Gawadar overturned at Makran Coastal Highway near Ormara on Sunday. Police and hospital sources said 30 passengers were travelling in the coaster, which overturned due to speedy and reckless driving. 1
Published 20 Jun, 2011 12:00am
World Refugee Day today

World Refugee Day today

The United Nations' (UN) World Refugee Day will be observed on Monday (today) across the globe including Pakistan under the theme of "Real People, Real Needs" to honour the courage, strength and determination of women, men and children who are forced to f
Published 20 Jun, 2011 12:00am
'Tax collection booths, centres being set up'

'Tax collection booths, centres being set up'

In order to improve tax collection system here, special booths and service centres are being established on the pattern of swift centres in different parts of the city by the Excise and Taxation Department.
Published 20 Jun, 2011 12:00am
Second phase of KP anti-polio drive begins today

Second phase of KP anti-polio drive begins today

The second phase of anti-polio campaign is being launched in seven districts of Khyber Pakhtunkwa (KP). The campaign will be carried out from June-20 to 22 in seven polio-vulnerable districts-Peshawar, Torghar, Nowshera, Karak, Kohat, Bunner, and Shangla-
Published 20 Jun, 2011 12:00am
AJK polls to be held in free, fair manner: Kaira

AJK polls to be held in free, fair manner: Kaira

Top PPP leader and former federal minister for Information and Broadcasting, Qamar Zaman Kaira has assured that the June 26, AJK Legislative Assembly elections will be held in a free and fair manner.
Published 20 Jun, 2011 12:00am
Nato strike kills nine civilians in Tripoli: officials

Nato strike kills nine civilians in Tripoli: officials

Libyan officials said on Sunday a Nato strike had hit a civilian house in the capital Tripoli, killing nine residents, and Nato said it was investigating the claim, which could sow new doubts about its mission.
Published 20 Jun, 2011 12:00am
Previous Day