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Archive - 2011-07-08
Clinton to tour Turkey, Greece, India
Top News

Clinton to tour Turkey, Greece, India

WASHINGTON : US Secretary of State Hillary Clinton will head to Turkey, Greece and India next week for talks on the war
Published 08 Jul, 2011 11:33pm
European stocks close lower
Financial

European stocks close lower

LONDON : European stock markets closed lower on Friday, with London 's benchmark FTSE 100 index of top shares down 1.
Published 08 Jul, 2011 04:50pm
Russia to pump more oil
Top News

Russia to pump more oil

KIRISHI: Russia will cut its oil export duty to ward off stagnation in its Soviet-era production base, but Prime Minis
Published 08 Jul, 2011 04:40pm
Goldman shuts DBS Partners
Financial

Goldman shuts DBS Partners

CHICAGO : DBS Partners, one of the biggest market makers in S&P 500 Index options, was shut after failing to meet a marg
Published 08 Jul, 2011 04:09pm
Sazgar, Orix sign MoU for Ijarah
Top News

Sazgar, Orix sign MoU for Ijarah

KARACHI : Sazgar Engineering Works Ltd has singed a memorandum of understanding (MoU) with Orix Leasing Pakistan Lt
Published 08 Jul, 2011 11:07am
Tokyo shares up 0.66pc
Financial

Tokyo shares up 0.66pc

TOKYO : Tokyo shares gained 0.66 percent on Friday after positive US employment data lifted stocks on Wall Street while
Published 08 Jul, 2011 08:43am
German exports gain 4.3 percent in May
Top News

German exports gain 4.3 percent in May

FRANKFURT : German exports increased by 4.3 percent in May from the previous month, provisional figures released Friday
Published 08 Jul, 2011 06:19am
MQM cancels 'protest rally'
Top News

MQM cancels 'protest rally'

KARACHI: Muttahida Qaumi Movement (MQM) Friday cancelled their scheduled protest rally of their assembly members from th
Published 08 Jul, 2011 05:58am
Cross-border tea-rrorism
BR Research

Cross-border tea-rrorism

Smuggling of tea to Pakistan from Afghanistan has been a persistent problem for more than a decade. However, it has worsened in the past 4 y
Published 08 Jul, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 08 Jul, 2011 12:00am
Hajj Policy 2011: Supreme Court overturns LHC judgement

Hajj Policy 2011: Supreme Court overturns LHC judgement

The Supreme Court (SC) on Thursday overruled the verdict of the Lahore High Court (LHC) on Hajj Policy 2011 with the directives to government to follow current Hajj Policy of sending a total of 90,000 pilgrims to Saudi Arabia through Operators.
Published 08 Jul, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Jul, 2011 12:00am
Hajj Policy 2011: Supreme Court overturns LHC judgement

Hajj Policy 2011: Supreme Court overturns LHC judgement

The Supreme Court (SC) on Thursday overruled the verdict of the Lahore High Court (LHC) on Hajj Policy 2011 with the directives to government to follow current Hajj Policy of sending a total of 90,000 pilgrims to Saudi Arabia through Operators.
Published 08 Jul, 2011 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 08 Jul, 2011 12:00am
Pakistan government sanctioned Shahzad's killing: Mullen

Pakistan government sanctioned Shahzad's killing: Mullen

The top US military officer says the Pakistani government "sanctioned' the killing of a journalist last month, but said he could not tie the death to the ISI. Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, says the beating death of Saleem Shahza
Published 08 Jul, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Jul, 2011 12:00am
Pakistan government sanctioned Shahzad's killing: Mullen

Pakistan government sanctioned Shahzad's killing: Mullen

The top US military officer says the Pakistani government "sanctioned'' the killing of a journalist last month, but said he could not tie the death to the ISI. Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, says the beating death of Saleem Shahz
Published 08 Jul, 2011 12:00am
NYSE shareholders embrace Deutsche Boerse merger

NYSE shareholders embrace Deutsche Boerse merger

The New York Stock Exchange, an icon of American capitalism, moved closer to ceding control to a German company on Thursday, with few investors lodging any protest. Some 65.6 percent of NYSE Euronext shareholders backed the $9.4 billion take-over of the c
Published 08 Jul, 2011 12:00am
NYSE shareholders embrace Deutsche Boerse merger

NYSE shareholders embrace Deutsche Boerse merger

The New York Stock Exchange, an icon of American capitalism, moved closer to ceding control to a German company on Thursday, with few investors lodging any protest. Some 65.6 percent of NYSE Euronext shareholders backed the $9.4 billion take-over of the c
Published 08 Jul, 2011 12:00am
NYSE shareholders embrace Deutsche Boerse merger

NYSE shareholders embrace Deutsche Boerse merger

The New York Stock Exchange, an icon of American capitalism, moved closer to ceding control to a German company on Thursday, with few investors lodging any protest. Some 65.6 percent of NYSE Euronext shareholders backed the $9.4 billion take-over of the c
Published 08 Jul, 2011 12:00am
LSE index loses 12.34 points

LSE index loses 12.34 points

Equities on Thursday failed to maintain upward slide on the Lahore Stock Exchange (LSE) and registered declines in the absence of buying support, as most of the investors remained on the sideline. The LSE-25 index lost 12.34 points and was closed at 3124.
Published 08 Jul, 2011 12:00am
LSE index loses 12.34 points

LSE index loses 12.34 points

Equities on Thursday failed to maintain upward slide on the Lahore Stock Exchange (LSE) and registered declines in the absence of buying support, as most of the investors remained on the sideline. The LSE-25 index lost 12.34 points and was closed at 3124.
Published 08 Jul, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (July 07, 2011).

Published 08 Jul, 2011 12:00am
ISE index down 9.89 points

ISE index down 9.89 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 9.89 points as the ISE Ten Index moved from 2,775.21 to 2765.32 po
Published 08 Jul, 2011 12:00am
ISE index down 9.89 points

ISE index down 9.89 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 9.89 points as the ISE Ten Index moved from 2,775.21 to 2765.32 po
Published 08 Jul, 2011 12:00am
Pakistan, Afghanistan, Isaf discuss border incursions

Pakistan, Afghanistan, Isaf discuss border incursions

A joint team of Pakistani, Afghanistan and US military members met on Thursday in Peshawar to discuss the recent spike in tensions emanating from incursions along the Pak-Afghan Border. The meeting of this Military Border Working Group was proposed by Pak
Published 08 Jul, 2011 12:00am
Pakistan, Afghanistan, Isaf discuss border incursions

Pakistan, Afghanistan, Isaf discuss border incursions

A joint team of Pakistani, Afghanistan and US military members met on Thursday in Peshawar to discuss the recent spike in tensions emanating from incursions along the Pak-Afghan Border. The meeting of this Military Border Working Group was proposed by Pak
Published 08 Jul, 2011 12:00am
Canada ends combat mission in Afghanistan

Canada ends combat mission in Afghanistan

Canada ended its nine-year combat mission in Afghanistan on Thursday, closing the curtain after the deaths of 157 troops and signalling the start of further American and Nato withdrawals later this year. The departure of nearly 3,000 soldiers, who took on
Published 08 Jul, 2011 12:00am
Canada ends combat mission in Afghanistan

Canada ends combat mission in Afghanistan

Canada ended its nine-year combat mission in Afghanistan on Thursday, closing the curtain after the deaths of 157 troops and signalling the start of further American and Nato withdrawals later this year. The departure of nearly 3,000 soldiers, who took on
Published 08 Jul, 2011 12:00am
Harbour pilots' protest continues

Harbour pilots' protest continues

The strike of Karachi Port Trust's (KPT) masters (operators) of pilot boats commonly known as harbour pilots entered for third day on Thursday, scaling down the foreign vessels in-out traffic significantly at the country's prime seaport, sources close to
Published 08 Jul, 2011 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Marginal changes were seen on the currency market on Thursday as the rupee managed to fluctuate slightly versus dollar, money experts said. The rupee moved both ways versus dollar as it gained two paisa for buying at 85.82, it however, shed one paisa for
Published 08 Jul, 2011 12:00am
Harbour pilots' protest continues

Harbour pilots' protest continues

The strike of Karachi Port Trust's (KPT) masters (operators) of pilot boats commonly known as harbour pilots entered for third day on Thursday, scaling down the foreign vessels in-out traffic significantly at the country's prime seaport, sources close to
Published 08 Jul, 2011 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Marginal changes were seen on the currency market on Thursday as the rupee managed to fluctuate slightly versus dollar, money experts said. The rupee moved both ways versus dollar as it gained two paisa for buying at 85.82, it however, shed one paisa for
Published 08 Jul, 2011 12:00am
Harbour pilots'' protest continues

Harbour pilots'' protest continues

The strike of Karachi Port Trust''s (KPT) masters (operators) of pilot boats commonly known as harbour pilots entered for third day on Thursday, scaling down the foreign vessels in-out traffic significantly at the country''s prime seaport, sources close t
Published 08 Jul, 2011 12:00am
Murdoch's News of the World to shut after 168 years

Murdoch's News of the World to shut after 168 years

Rupert Murdoch's News Corporation will close its tabloid News of the World after this Sunday's edition, as a result of an escalating phone hacking scandal, James Murdoch said on Thursday. Following are reactions to the news: "I am very surprised at this,
Published 08 Jul, 2011 12:00am
Murdoch's News of the World to shut after 168 years

Murdoch's News of the World to shut after 168 years

Rupert Murdoch's News Corporation will close its tabloid News of the World after this Sunday's edition, as a result of an escalating phone hacking scandal, James Murdoch said on Thursday. Following are reactions to the news: "I am very surprised at this,
Published 08 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 07, 2011).

Published 08 Jul, 2011 12:00am
FBR Council to decide tax fraud cases on July 12

FBR Council to decide tax fraud cases on July 12

The Federal Board of Revenue has decided to convene a meeting of the Board-in-Council to decide the tax fraud cases involving sales tax and federal excise pending with the Directorate General of Customs Intelligence. Sources told Business Recorder
Published 08 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 07, 2011).

Published 08 Jul, 2011 12:00am
FBR Council to decide tax fraud cases on July 12

FBR Council to decide tax fraud cases on July 12

The Federal Board of Revenue has decided to convene a meeting of the Board-in-Council to decide the tax fraud cases involving sales tax and federal excise pending with the Directorate General of Customs Intelligence. Sources told Business Recorder
Published 08 Jul, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (July 07, 2011).

Published 08 Jul, 2011 12:00am
FBR Council to decide tax fraud cases on July 12

FBR Council to decide tax fraud cases on July 12

The Federal Board of Revenue has decided to convene a meeting of the Board-in-Council to decide the tax fraud cases involving sales tax and federal excise pending with the Directorate General of Customs Intelligence. Sources told Business Recorder
Published 08 Jul, 2011 12:00am
Byco set to become leader in oil refining business

Byco set to become leader in oil refining business

Byco is all set to become the leader in oil refining business in the country as its upcoming refinery of 120,000 barrel per day (bpd) capacity is likely to commence commissioning process during last quarter of 2011. At present, Byco has a smaller refinery
Published 08 Jul, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (July 07, 2011).

Published 08 Jul, 2011 12:00am
Byco set to become leader in oil refining business

Byco set to become leader in oil refining business

Byco is all set to become the leader in oil refining business in the country as its upcoming refinery of 120,000 barrel per day (bpd) capacity is likely to commence commissioning process during last quarter of 2011. At present, Byco has a smaller refinery
Published 08 Jul, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (July 07, 2011) and for Friday (July 08, 2011).
Published 08 Jul, 2011 12:00am
Byco set to become leader in oil refining business

Byco set to become leader in oil refining business

Byco is all set to become the leader in oil refining business in the country as its upcoming refinery of 120,000 barrel per day (bpd) capacity is likely to commence commissioning process during last quarter of 2011. At present, Byco has a smaller refinery
Published 08 Jul, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (July 07, 2011).

Published 08 Jul, 2011 12:00am
APTTA guarantees: MoC and Customs to persuade insurance companies

APTTA guarantees: MoC and Customs to persuade insurance companies

The Ministry of Commerce and Customs authorities are expected to invite top insurance companies to convince them to promptly issue insurance guarantees to the importers of Afghan transit goods to make the Afghanistan Pakistan Transit Trade Agreement (APTT
Published 08 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 08 Jul, 2011 12:00am
APTTA guarantees: MoC and Customs to persuade insurance companies

APTTA guarantees: MoC and Customs to persuade insurance companies

The Ministry of Commerce and Customs authorities are expected to invite top insurance companies to convince them to promptly issue insurance guarantees to the importers of Afghan transit goods to make the Afghanistan Pakistan Transit Trade Agreement (APTT
Published 08 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 08 Jul, 2011 12:00am
APTTA guarantees: MoC and Customs to persuade insurance companies

APTTA guarantees: MoC and Customs to persuade insurance companies

The Ministry of Commerce and Customs authorities are expected to invite top insurance companies to convince them to promptly issue insurance guarantees to the importers of Afghan transit goods to make the Afghanistan Pakistan Transit Trade Agreement (APTT
Published 08 Jul, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 07, 2011).

Published 08 Jul, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 07, 2011).

Published 08 Jul, 2011 12:00am
The Weather

The Weather

The weather report on Thursday (July 07, 2011) and the forecast for Friday (July 08, 2011).

Published 08 Jul, 2011 12:00am
Government backtracked on agreement with APCNGA

Government backtracked on agreement with APCNGA

The government has refused to keep CNG price 40 percent lower than petrol and also declined to reduce CNG loadshedding from three days to two and half days in Punjab, said Ghiyas Abdullh Paracha, Chairman Supreme Council of All Pakistan CNG Stations Assoc
Published 08 Jul, 2011 12:00am
Panic grips Karachi markets

Panic grips Karachi markets

Markets in different parts of the city started closing much earlier than the usual closing timings on Thursday evening because of violence, which left citizens and traders panicked. Traders said the huge death toll in the metropolis made it one of the dea
Published 08 Jul, 2011 12:00am
President asks Malik to reach Karachi

President asks Malik to reach Karachi

President Asif Ali Zardari has directed Interior Minister Rahman Malik to immediately proceed to Karachi to co-ordinate with provincial government on issues relating to law and order and targeted killings in Karachi. Rahman Malik will hold meetings at Fri
Published 08 Jul, 2011 12:00am
Dr Qadeer's statement: FO rejects foreign media reports

Dr Qadeer's statement: FO rejects foreign media reports

Pakistan has termed foreign media report as totally baseless regarding claims attributed to Dr Abdul Qadeer Khan that North Korea's government paid more than $3.5 million to two senior Pakistani military officials in exchange for critical weapons technolo
Published 08 Jul, 2011 12:00am
Foreign companies may not get Reko Diq license

Foreign companies may not get Reko Diq license

Balochistan government may not award the licence of Reko Diq Copper and Gold project to any foreign company, said Provincial Finance Secretary Dostain Jamaldini on Thursday. Talking to Business Recorder, he said that Rs 8.5 billion had been allocat
Published 08 Jul, 2011 12:00am
Action urged against Shah Mehmood Qureshi

Action urged against Shah Mehmood Qureshi

The Parliamentary Party of Pakistan People's Party Punjab on Thursday requested PPP co-chairman President Asif Ali Zardari to take disciplinary action against Shah Mehmood Qureshi, former foreign minister, after suspending his basic membership of the part
Published 08 Jul, 2011 12:00am
ISPR clarification

ISPR clarification

An ISPR Spokesman said that hospital in Miran Shah North Waziristan Agency was demolished as security forces received heavy fire from the hospital building after the IED explosion on July 5 at a military convoy resulting in shahadat of three soldiers and
Published 08 Jul, 2011 12:00am
BISP ready to share experiences with the world

BISP ready to share experiences with the world

Benazir Income Support Programme (BISP) is ready to share its experiences with the world especially with the poverty-stricken Asian nations so that the menace of poverty can be eradicated from the region and the goal of mutual growth and prosperity could
Published 08 Jul, 2011 12:00am
IPO to implement TARTA programme with help of UNIDO

IPO to implement TARTA programme with help of UNIDO

Intellectual Property Organisation (IPO-Pakistan) would implement Trade Related Technical Assistance (TRTA) programme with the assistance of European Commission and (UNIDO) to improve the standard of services and effective implementation of IP laws.
Published 08 Jul, 2011 12:00am
Political parties asked to submit statements of accounts by August 29

Political parties asked to submit statements of accounts by August 29

Election Commission of Pakistan (ECP) on Thursday asked the political parties to file with Election Commission their statement of accounts for financial year, 2010-2011 on or before August 29. It may be mentioned that under Article 13 of the Political Par
Published 08 Jul, 2011 12:00am
Monsoon rains: public urged to observe precautionary steps

Monsoon rains: public urged to observe precautionary steps

Iesco has appealed to general public to observe precautionary measures during rain, particularly in the monsoon season as a little carelessness or negligence can lead to fatal accidents or even death. Iesco appealed to follow the mentioned precautionary m
Published 08 Jul, 2011 12:00am
PPP flayed for criticising Punjab chief minister's UK visit

PPP flayed for criticising Punjab chief minister's UK visit

Provincial Minister for Law, Rana Sanaullah Saturday while commenting on the statement of PPP leader Raja Riaz has said that the members of delegation of Chief Minister, Punjab Muhammad Shahbaz Sharif are paying all expenses of official visit to London fr
Published 08 Jul, 2011 12:00am
Crisis resolution: PTI to announce 100-day programme on July 9

Crisis resolution: PTI to announce 100-day programme on July 9

On July 9, Pakistan Tahreek-e-Insaf (PTI) will announce its government's first 100 days programme to bring the country out of crisis, disclosed PTI chief Imran Khan on Thursday. While addressing a joining ceremony of new members to PTI, Imran said a compr
Published 08 Jul, 2011 12:00am
Transfers, postings

Transfers, postings

The Punjab government on Thursday has carried out transfer and posting of provincial officials in the excise and taxation department. According to a notification, Shakil-ur-Rehman, Director, Excise and Taxation, Region-B, Lahore, has been transferred and
Published 08 Jul, 2011 12:00am
100 percent increase in brick prices in two months

100 percent increase in brick prices in two months

Politically well-connected kiln owners have raised bricks' prices by 100 percent in two months without any significant change in their cost of production and construction industry, sources told Business Recorder here on Thursday. They said Kiln own
Published 08 Jul, 2011 12:00am
UHS to launch degree programme in PHE

UHS to launch degree programme in PHE

The University of Health Sciences (UHS) Lahore is going to launch a two-year master's degree programme in Health Professions Education this year. UHS vice-chancellor, Professor Malik Hussain Mubbashar has nominated Professor Abdul Majeed Chaudhry as the c
Published 08 Jul, 2011 12:00am
Newly-built houses handed over to flood survivors

Newly-built houses handed over to flood survivors

The army, after rendering valuable services during devastating flood of 2010 in terms of rescue and relief and providing humanitarian assistance to the IDPs, diverted its efforts towards rehabilitation of displaced people who had lost all in flood.
Published 08 Jul, 2011 12:00am
National Assembly body on IT criticises defaulter firms

National Assembly body on IT criticises defaulter firms

Standing Committee of National Assembly on IT and Telecom, has expressed concerns over issue of recovery of due payments by Telecom firms. The committee, which met on Thursday made recommendation for seizing accounts of defaulter ones so as to set a prece
Published 08 Jul, 2011 12:00am
Alphabet of Hindko language standardised

Alphabet of Hindko language standardised

The experts have standardised the alphabet of the Hindko language and handed over the agreed set of letters to the Khyber-Pukhtunkhwa (KPK) Textbook Board to launch work on the Hindko curriculum. The consensus was reached at the third meeting of the commi
Published 08 Jul, 2011 12:00am
Capital police nab nine suspects

Capital police nab nine suspects

One person was killed, another injured in different incidents here during the last 24 hours, while one car and one motorcycle were stolen and Capital Police nabbed nine persons for their alleged involvement in different crimes. Islamabad Police during las
Published 08 Jul, 2011 12:00am
Country's first automated mango processing line installed in Sindh

Country's first automated mango processing line installed in Sindh

Working in partnership with the US Agency for International Development (USAID), Hyder Shah Fruit Farm in Sindh has installed Pakistan's first automated mango processing line on a farm. As a result of this partnership, the farm delivered 150,000 kg of pro
Published 08 Jul, 2011 12:00am
One held for looting elderly person

One held for looting elderly person

National Highways and Motorway Police (NH&MP) arrested a culprit involved in looting a 70-year-old man by presenting himself as police officer. The spokesperson of the NH&MP North Zone (N-5) Aftab Aslam told Business Recorder that a person namely M
Published 08 Jul, 2011 12:00am
Sessi to spend Rs 1.87 billion on medical facilities

Sessi to spend Rs 1.87 billion on medical facilities

The Sindh Employees' Social Security Institution (Sessi) will spend a sum of Rs 1.87 billion towards the provision of the medical facilities to the registered workers and their families during the fiscal year 2011-12. This was 72 percent of the organisati
Published 08 Jul, 2011 12:00am
CCP is there to oil the wheels of commerce

CCP is there to oil the wheels of commerce

The Competition Commission of Pakistan hosted the 11th quarterly meeting of Competition Consultative Group (CCG), a body set up by CCP to solicit feedback and suggestions on competition related issues and policies from public and private sector representa
Published 08 Jul, 2011 12:00am
Discos asked to improve recovery process

Discos asked to improve recovery process

Federal Minister for Water and Power Syed Naveed Qamar has asked the power distribution companies to improve their efficiency and recover the amount from running and the old defaulters. He said this while presiding over a meeting of the Discos to review t
Published 08 Jul, 2011 12:00am
Rana Sannaullah: notice issued again

Rana Sannaullah: notice issued again

The senior most judge of the Supreme Court (SC) Justice Javed Iqbal was informed that Punjab Law Minister Rana Sanaullah's staff has declined to receive the notice of the court on the pretext that the Minster was out of the country.
Published 08 Jul, 2011 12:00am
Saifullah meets FCO minister

Saifullah meets FCO minister

Visiting Chairman, Pakistan's Senate Committee on Foreign Relations, Senator Salim Saifullah Khan in his meeting with FCO Minister Alistair Burt, on Thursday agreed for greater interaction between the two parliaments which they said will help synchronise
Published 08 Jul, 2011 12:00am
Military action alone no solution to terrorism

Military action alone no solution to terrorism

While the US-led coalition forces prepare for withdrawal from Afghanistan the Pakistan army too is re-fixing its priorities in its fight against militancy and extremism in the troubled north-west of the country. As to what it would like to do, and would l
Published 08 Jul, 2011 12:00am
US' apprehensions about supply routes

US' apprehensions about supply routes

Fresh press reports suggest that Pak-US relations continue to deteriorate. One indication is the US military's decision, as reported by The Washington Post, to expand its Central Asian supply routes to the Afghan war, fearing that Pakistan could cut off t
Published 08 Jul, 2011 12:00am
Black money probe: bold step by Indian Supreme Court

Black money probe: bold step by Indian Supreme Court

The Indian Supreme Court, in its historic decision of 4 July 2011 in the case of Ram Jethmalani and Other V Union of India, set up a 'Special Investigation Team' to supervise the Government- led investigations into the black money of Indians lying abroad.
Published 08 Jul, 2011 12:00am
'Forgotten emergency' threatens millions in Horn of Africa

'Forgotten emergency' threatens millions in Horn of Africa

The United Nations and aid agencies say the Horn of Africa is facing a humanitarian catastrophe as a result of soaring global food prices combined with the worst drought in 60 years impacting on the region. Two successive failed rains have left approximat
Published 08 Jul, 2011 12:00am
She kept the torch aloft

She kept the torch aloft

History has an inscrutable way of recognising great souls, even if they are ignored in their own times. Those who serve humanity in one way or another, those who dedicate themselves to instilling a critical temper and advancing the cause of liberty, justi
Published 08 Jul, 2011 12:00am
Mistreatment of taxpayers

Mistreatment of taxpayers

Karachi Customs Agents Association would like to draw your attention to the mistreatment of taxpayers at Customs House Karachi. The Appraisement Collectorate Karachi, the building of which consist of 10 storeys, where thousands of general public have to v
Published 08 Jul, 2011 12:00am
Food commodities' prices register 30 percent increase: expert

Food commodities' prices register 30 percent increase: expert

Prices of non-perishable consumer items and perishable food commodities witnessed increase of 16 to 30 percent in the first week of July 2011 due to inflation, which stood around 14 percent and during this period, food inflation, coupled with energy and s
Published 08 Jul, 2011 12:00am
Stop drone attacks: LHC allows government more time to file reply

Stop drone attacks: LHC allows government more time to file reply

Lahore High Court here Thursday gave another opportunity to federal government to file reply in a petition filed by Chief Jamatut Dawa, Hafiz Muhammad Saeed, seeking implementation of a unanimous resolution passed by parliament to stop US drone attacks.
Published 08 Jul, 2011 12:00am
Training food inspectors: UNIDO planning to launch one-year diploma

Training food inspectors: UNIDO planning to launch one-year diploma

United Nation Industrial Development Organisation (UNIDO) is planning to launch a one- year diploma for training food inspectors in collaboration with Pakistan's academia. This was discussed in a meeting between vice-chancellor University of Veterinary an
Published 08 Jul, 2011 12:00am
Smooth functioning of BWCC: LHC seeks reply from Punjab government

Smooth functioning of BWCC: LHC seeks reply from Punjab government

The Lahore High Court on Thursday sought reply from Punjab government in a petition seeking direction to government for smooth operation of Benazir Women Crisis Centres (BWCC) which have been transferred to provinces after devolution of Ministry of Women
Published 08 Jul, 2011 12:00am
CPC delegation to visit GCU

CPC delegation to visit GCU

A delegation of the Communist Party of China (CPC), led by Vice Minister Chen Jin will visit the Government College University Lahore on Friday. Besides interacting with the academia, literati and business community of the country, Chen Jin would also dis
Published 08 Jul, 2011 12:00am
Punjab ambulance service to be launched

Punjab ambulance service to be launched

The Punjab government has planned to launch 'Punjab Ambulance Service' in the province and asked Director General Health Punjab to prepare a feasibility report. Secretary Health Punjab, Mohammad Jehanzeb Khan said while presiding over a meeting held on Th
Published 08 Jul, 2011 12:00am
'Founders Group' to be launched

'Founders Group' to be launched

Democratic Group and Awaz Group in Pakistan Flourmills Association (PFMA) have joined hands to constitute a new group named 'Founders Group.' According to a statement issued here by the Chairman Awaz Group, Bilal Aslam Sufi, formal launching of this new a
Published 08 Jul, 2011 12:00am
Rains forecast for Lahore

Rains forecast for Lahore

Pakistan Meteorological Department on Thursday forecast a second spell of monsoon rain in the upper parts of the country in next 24 hours. It said that fairly wide spread thunderstorm/rain with isolated heavy falls is expected over Lahore, Gujranwala, Raw
Published 08 Jul, 2011 12:00am
Prime Minister for formulating comprehensive anti-terrorism policy

Prime Minister for formulating comprehensive anti-terrorism policy

Prime Minister, Syed Yousuf Raza Gilani on Thursday emphasised on formulating a comprehensive and enduring national policy and strategy on war against terrorism in accordance with the geo-strategic environment. Talking to Hina Rabbani Khar, Minister of St
Published 08 Jul, 2011 12:00am
Stern action against wood thieves directed

Stern action against wood thieves directed

Punjab Minister for Agriculture, Forests and Livestock, Malik Ahmad Ali Aulakh has directed the high ups of the provincial forests department to take effective and stern action against the mafia involved in theft of woods. The minister observed that there
Published 08 Jul, 2011 12:00am
Jamaat-e-Islami seeks 'release' of Masood Janjua

Jamaat-e-Islami seeks 'release' of Masood Janjua

Jamaat-e-Islami (JI) chief, Syed Munawar has expressed deep concern over the continued disappearance of Masood Janjua, husband of A'mina Masood Janjua, chairperson, Defence of Human Rights Pakistan, and demanded his immediate release. He said that Masood
Published 08 Jul, 2011 12:00am
KASE gets membership of SAFE

KASE gets membership of SAFE

Kazakhstan Stock Exchange (KASE) became the first Central Asian exchange to acquire the membership of the South Asian Federation of Exchanges (SAFE). With the addition of Kazakhstan, the number of countries having stock exchanges from their countries as t
Published 08 Jul, 2011 12:00am
Rescue 1122 helped save over one million people

Rescue 1122 helped save over one million people

Punjab's Emergency Service (Rescue 1122) has so far rescued over one million people in over nine million rescue operations conducted in the province. Director General Rescue 1122, Dr Rizwan Naseer said this while addressing a press conference, here on Thu
Published 08 Jul, 2011 12:00am
Government urged to execute IPP project at the earliest

Government urged to execute IPP project at the earliest

Multan Chamber of Commerce and Industry (MCCI) on Thursday urged the government to execute Iran-Pakistan Gas Pipeline (IPP) Project as early as possible in order to run the wheel of the industry. "The country is facing gas scarcity mainly because househol
Published 08 Jul, 2011 12:00am
Warid Bol Anmol offers instant bonus

Warid Bol Anmol offers instant bonus

Warid has established the credibility and transparency of its promotions by making communication not just simple and easy, yet rewarding and worthwhile. No subscription, no conditions and no time limitations; all they have to do is just keep using their W
Published 08 Jul, 2011 12:00am
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