BR100 Decreased By (-0.23%)
BR30 Decreased By (-0.01%)
KSE100 Decreased By (-0.19%)
KSE30 Decreased By (-0.24%)
AGHA 7.75 Increased By ▲ 0.06 (0.78%)
BECO 5.30 Decreased By ▼ -0.01 (-0.19%)
BML 59.50 Decreased By ▼ -1.73 (-2.83%)
BOP 36.54 Increased By ▲ 0.54 (1.5%)
CNERGY 12.19 Increased By ▲ 0.94 (8.36%)
CSIL 6.16 Decreased By ▼ -0.01 (-0.16%)
FCCL 57.41 Increased By ▲ 0.53 (0.93%)
FFL 16.57 Increased By ▲ 0.06 (0.36%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.34 Decreased By ▼ -0.08 (-1.08%)
KOSM 6.06 Increased By ▲ 0.01 (0.17%)
LOTCHEM 27.15 Decreased By ▼ -0.05 (-0.18%)
MLCF 102.20 Decreased By ▼ -0.89 (-0.86%)
NBP 206.70 Decreased By ▼ -0.93 (-0.45%)
NCPL 62.36 Increased By ▲ 0.44 (0.71%)
NPL 71.80 Decreased By ▼ -0.38 (-0.53%)
OGDC 319.00 Increased By ▲ 0.51 (0.16%)
PACE 11.33 Increased By ▲ 0.27 (2.44%)
PAEL 43.84 Decreased By ▼ -0.54 (-1.22%)
PIBTL 16.86 Decreased By ▼ -0.04 (-0.24%)
PPL 221.50 Decreased By ▼ -0.98 (-0.44%)
PRL 63.75 Decreased By ▼ -0.06 (-0.09%)
PTC 72.00 Decreased By ▼ -1.16 (-1.59%)
SSGC 27.33 Increased By ▲ 0.08 (0.29%)
TBL 9.88 No Change ▼ 0.00 (0%)
TELE 8.75 Decreased By ▼ -0.06 (-0.68%)
TPL 20.70 Increased By ▲ 0.36 (1.77%)
TPLP 15.04 Increased By ▲ 0.07 (0.47%)
TREET 24.12 Increased By ▲ 0.02 (0.08%)
TRG 63.25 Increased By ▲ 0.88 (1.41%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Archive - 2011-08-22
RWE's DEA mulls Libya re-entry
Industry

RWE's DEA mulls Libya re-entry

FRANKFURT : DEA, the oil and gas exploration arm of Germany 's RWE, said on Monday it was looking into returning staff
Published 22 Aug, 2011 12:58pm
Swiss stocks jump 3 percent
Financial

Swiss stocks jump 3 percent

GENEVA : The Swiss stock market jumped more than 3.0 percent in Monday afternoon trade, outpacing other firmer European
Published 22 Aug, 2011 12:04pm
Week of violence kills 92 in Karachi
Top News

Week of violence kills 92 in Karachi

KARACHI : Ethnic and criminal violence blamed on gangs has killed 92 people in six days as part of the worst criminal a
Published 22 Aug, 2011 05:46am
Chavez denounces West over Libya
World

Chavez denounces West over Libya

CARACAS : Venezuelan President Hugo Chavez, a staunch of ally of embattled strongman Moamer Qadhafi, slammed Western pow
Published 22 Aug, 2011 04:14am
HBL: Sky is the limit
BR Research

HBL: Sky is the limit

Habib Bank Limiteds (HBL) 1HCY11 profits rose 25 percent from the same period a year earlier, close to the top five banks cumulative growth
Published 22 Aug, 2011 12:00am
Eurozone: losing faith
BR Research

Eurozone: losing faith

The eurozone has come under the radar again. And what a quick comeback it was. After merely three odd months of the European Central Bank (E
Published 22 Aug, 2011 12:00am
New Iceland current could sway North Atlantic climate

New Iceland current could sway North Atlantic climate

A newly discovered deep, cold current flowing off Iceland's coast may reveal that the North Atlantic is less sensitive to climate change than previously thought, researchers reported on Sunday. The new current, the North Icelandic Jet, feeds the Atlantic
Published 22 Aug, 2011 12:00am
England on brink of India whitewash

England on brink of India whitewash

England finally saw off Rahul Dravid as they closed in on a 4-0 series rout of India at The Oval here on Sunday. Dravid batted for more than seven hours in the fourth Test before England finally found a way to break 'The Wall'.
Published 22 Aug, 2011 12:00am
Silva service lifts City top with win at Bolton

Silva service lifts City top with win at Bolton

Manchester City, inspired by the outstanding David Silva and playing with new-found attacking panache, won 3-2 at Bolton Wanderers to go top of the Premier League on Sunday.
Published 22 Aug, 2011 12:00am
Homeless World Cup kicks off in Paris

Homeless World Cup kicks off in Paris

The ninth Homeless World Cup, which involves around 500 homeless male and female football players, kicked off Sunday with a game between France and Portugal near the Eiffel Tower in Paris.
Published 22 Aug, 2011 12:00am
Shakib leads Bangladesh to face-saving win

Shakib leads Bangladesh to face-saving win

Skipper Shakib Al Hasan led from the front with a fighting innings of 79 before picking up two wickets as Bangladesh defeated Zimbabwe by 93 runs to win the fifth and final ODI at Queens Sports Club on Sunday. It was Bangladesh's second successive win, bu
Published 22 Aug, 2011 12:00am
PCB denies rifts led coach to quit

PCB denies rifts led coach to quit

Pakistan's cricket board was Sunday forced to deny reports of rifts within the country's cricketing establishment, insisting that coach Waqar Younis had resigned for purely medical reasons. Waqar, 39, said Saturday he would step down over medical concerns
Published 22 Aug, 2011 12:00am
Malik to join Pakistan squad for Zimbabwe

Malik to join Pakistan squad for Zimbabwe

Pakistan on Sunday confirmed that former cricket captain Shoaib Malik would join the squad for its imminent tour to Zimbabwe, two days after he was cleared of allegations of illegal earnings.
Published 22 Aug, 2011 12:00am
Djokovic to face Murray for Cincinnati crown

Djokovic to face Murray for Cincinnati crown

World No. 1 Novak Djokovic will try to add another title to his stellar 2011 resume on Sunday when he takes on No. 4 Andy Murray for the ATP's Cincinnati Masters crown. Serbia's Djokovic claimed his 57th match victory of the season - against just one defe
Published 22 Aug, 2011 12:00am
Elephant polo event in India scrapped after protests

Elephant polo event in India scrapped after protests

An elephant polo tournament due to take place in India on Sunday was cancelled after sponsor Carlsberg beer withdrew because of complaints from animal rights activists. Elephant polo world championships are held each year in Nepal.
Published 22 Aug, 2011 12:00am
Mexican soccer match abandoned after shoot-up

Mexican soccer match abandoned after shoot-up

A soccer match in Mexico's first division was abandoned on Saturday after a shootout just outside a stadium in the northern city of Torreon forced players and spectators to take cover. Players ran to their dressing room and fans dived for cover when shots
Published 22 Aug, 2011 12:00am
Oscar hattrick wins Brazil under 20 World Cup

Oscar hattrick wins Brazil under 20 World Cup

A hat-trick from Oscar lifted Brazil to a 3-2 extra-time triumph over Portugal on Saturday in the final of the under-20 World Cup. After opening the scoring in the fifth minute, Oscar struck a second half equaliser that sent the match to extra-time after
Published 22 Aug, 2011 12:00am
Four-goal Schalke bounce back to floor Mainz

Four-goal Schalke bounce back to floor Mainz

Schalke 04 scored four second-half goals to come from 2-0 down to seal a 4-2 victory at Mainz 05 on Sunday, rounding off a day to remember after Spanish striker Raul had earlier committed his future to the club. Raul said he will see out his contract, whi
Published 22 Aug, 2011 12:00am
Four at Deutsche Bank charged in South Korea

Four at Deutsche Bank charged in South Korea

South Korean prosecutors have charged four Deutsche Bank employees with illegally manipulating Seoul's stock market last year to earn more than $40 million on a single day, a report said Sunday.
Published 22 Aug, 2011 12:00am
Bahrain July CPI falls 1.3 percent

Bahrain July CPI falls 1.3 percent

Consumer prices in Bahrain fell 1.3 percent on an annual basis in July, the least in five months, and rose from the previous month helped by a jump in food costs, data showed on Sunday. The small non-OPEC oil producer entered the deflationary path in Marc
Published 22 Aug, 2011 12:00am
ICAP chief says could quit EU over transaction tax

ICAP chief says could quit EU over transaction tax

Broking giant ICAP will quit the European Union if a financial transactions tax proposed by Germany and France takes effect across the bloc, the company's chief executive said in a newspaper article on Sunday.
Published 22 Aug, 2011 12:00am
Merkel underlines 'no' to eurobonds, for now

Merkel underlines 'no' to eurobonds, for now

German Chancellor Angela Merkel underlined Sunday that she opposes eurobonds, which would pool the 17 eurozone nations' debt, but left the door open to a change in policy at a later date.
Published 22 Aug, 2011 12:00am
Merkel underlines 'no' to eurobonds, for now

Merkel underlines 'no' to eurobonds, for now

German Chancellor Angela Merkel underlined Sunday that she opposes eurobonds, which would pool the 17 eurozone nations' debt, but left the door open to a change in policy at a later date.
Published 22 Aug, 2011 12:00am
Most Swiss want SNB to intervene to cap franc

Most Swiss want SNB to intervene to cap franc

Pressure is rising on the Swiss National Bank to take further action to soften the Swiss franc, a newspaper reported on Sunday based on a poll of Swiss people it had commissioned.
Published 22 Aug, 2011 12:00am
Schaueble says eurozone not ready to pass power to Brussels

Schaueble says eurozone not ready to pass power to Brussels

German Finance Minister Wolfgang Schaueble personally is prepared to pass national sovereignty to Brussels to secure the long-term stability of the eurozone but, the currency bloc is not ready for it yet, he told a newspaper.
Published 22 Aug, 2011 12:00am
Greek minister says bailout hinges on political will

Greek minister says bailout hinges on political will

Greece's Finance Minister said the issues addressed in the debt-choked country's new bailout deal concern the eurozone as a whole, not only Greece, and the right package hinges on the bloc's political will.
Published 22 Aug, 2011 12:00am
BHP secures takeover of Petrohawk

BHP secures takeover of Petrohawk

Mining giant BHP Billiton said on Sunday it had secured its $12.1 billion takeover of US energy firm Petrohawk Energy Corp and hoped to legally formalise the tie-up "as promptly as practicable". BHP said it had acquired "and expects to promptly pay for" 9
Published 22 Aug, 2011 12:00am
Obama admits economic liabilities

Obama admits economic liabilities

US President Barack Obama admitted many Americans were not satisfied with his record on the economy, as long-serving aides Sunday launched a fightback against Republicans. Obama's approval rating on the struggling economy has dipped to 26 percent in a Gal
Published 22 Aug, 2011 12:00am
Biden tells China not to count out US strength

Biden tells China not to count out US strength

US Vice President Joe Biden on Sunday rejected views that American power is waning and said Washington would never default, wrapping up a China visit that has played down tensions between the world's two biggest economies.
Published 22 Aug, 2011 12:00am
BoJ may ease policy again

BoJ may ease policy again

The Bank of Japan will consider easing monetary policy further, possibly at an emergency meeting before next month's rate review, if further rises in the yen push down Tokyo stock prices enough to hit business sentiment, sources said.
Published 22 Aug, 2011 12:00am
Bangladesh textile millers threaten to shut

Bangladesh textile millers threaten to shut

Textile manufacturers in Bangladesh said they might be forced close their factories unless the government acts to provide more cash incentives and restrictions on imported yarn and fabrics from India. "Without these measures we can not survive," said Jaha
Published 22 Aug, 2011 12:00am
CCB first half net profit up 31 percent, beats view

CCB first half net profit up 31 percent, beats view

China Construction Bank, the world's No. 2 bank by market capitalisation, reported on Sunday a 31 percent rise in first-half earnings as strong growth in its financial advisory services helped boost earnings.
Published 22 Aug, 2011 12:00am
55,000 tons of urea to arrive before month-end

55,000 tons of urea to arrive before month-end

A ship mv Ioanthi, carrying 19,506 tons of urea, imported by Trading Corporation of Pakistan (TCP), is scheduled to reach Port Qasim on Monday. Another ship, mv Hyderabad, carrying 35,000 tons of urea is expected to reach Gwadar Port on August 27, 2011. T
Published 22 Aug, 2011 12:00am
Fake certificates: three cops held

Fake certificates: three cops held

Dera Murad Jamali police have taken into custody three policemen for submitting fake educational certificates for their recruitment in police. "Three candidates had got them recruited in Nasirabad police after submitting fake educational documents," polic
Published 22 Aug, 2011 12:00am
'Politicians not come up to expectations of nation'

'Politicians not come up to expectations of nation'

Punjab Chief Minister Muhammad Shahbaz Sharif said that young generation is determined to ensure a bright future for the country and transform it in accordance with the vision of Quaid-e-Azam and Allama Iqbal in real sense besides removing the disparity b
Published 22 Aug, 2011 12:00am
Customs seizes 75kg of heroin at Karachi Airport

Customs seizes 75kg of heroin at Karachi Airport

Drug Enforcement Cell (DEC) of Customs on Sunday seized around 75kgs heroin from luggage of a passenger at Jinnah International Airport. According to details, the Customs DEC staff intercepted a passenger, Ghulam Muhammd, who was going to Dhaka.
Published 22 Aug, 2011 12:00am
Seven Iraqis killed in Turkish airstrike

Seven Iraqis killed in Turkish airstrike

Seven Iraqi civilians were killed in an air strike by a Turkish warplane in Iraq's semi-autonomous northern Kurdish region on Sunday, a local mayor and an eyewitness said. The strike hit a car in which the civilians were travelling, Hassan Abdulla, mayor
Published 22 Aug, 2011 12:00am
Taliban kill three Afghan government workers

Taliban kill three Afghan government workers

Two gunmen on a motorcycle killed a prosecutor in the southern Afghan province of Helmand, while two government officials were gunned down in other areas, officials said Sunday. Prosecutor Mohammad Azeem was shot dead in Gereshk district on his way to wor
Published 22 Aug, 2011 12:00am
Three dead in Philippine ferry fire

Three dead in Philippine ferry fire

A packed inter-island ferry caught fire shortly after leaving port in the central Philippines Sunday, leaving three passengers dead, the coast guard said in an initial report. Initial reports indicated three of the 67 people aboard the MV Island 1 were ki
Published 22 Aug, 2011 12:00am
UN human rights envoy in Myanmar to assess new government

UN human rights envoy in Myanmar to assess new government

United Nations human rights envoy for Myanmar Tomas Ojea Quintana arrived in Yangon Sunday to assess whether the new government has made progress over the previous pariah regime. Quintana arrived at Yangon International Airport and proceeded by car to Nay
Published 22 Aug, 2011 12:00am
Pope leaves after youth festival in storm-hit Madrid

Pope leaves after youth festival in storm-hit Madrid

Pope Benedict XVI told 1.5 million pilgrims to spread the faith Sunday as he brought to an end lavish Catholic youth festivities in Madrid marked by a violent storm, blistering heat and protests. After spending a night under the stars, the faithful cheere
Published 22 Aug, 2011 12:00am
NGOs facing aid delivery nightmare in Somalia

NGOs facing aid delivery nightmare in Somalia

Somalia is the world's most challenging terrain for aid workers, according to the head of Doctors Without Borders, one of many groups scrambling to contain the ravages of a historic drought. "Even with all the lines of communication that we have, we have
Published 22 Aug, 2011 12:00am
DR Congo leader Kabila chosen as presidential candidate

DR Congo leader Kabila chosen as presidential candidate

The Democratic Republic of Congo's ruling party on Sunday nominated incumbent head of state Joseph Kabila as their candidate in November's presidential election. "Joseph Kabila has been selected as candidate" of the People's Party for Reconstruction and D
Published 22 Aug, 2011 12:00am
Fresh oil spill, fire hits area of Nigeria

Fresh oil spill, fire hits area of Nigeria

A fresh oil spill and a resulting fire has hit an area of Nigeria's main oil-producing region after suspected sabotage to a Shell pipeline, an activist and residents said Sunday. The fire along the Okordia-Rumuekpe Trunkline began several days ago and has
Published 22 Aug, 2011 12:00am
North Korea's Kim receives bread-and-salt welcome in Russia

North Korea's Kim receives bread-and-salt welcome in Russia

North Korea's reclusive leader Kim Jong Il received a red carpet welcome Sunday in Russia's Amur region where he toured a giant power station ahead of talks with President Dmitry Medvedev. Kim on Saturday kicked off a week-long visit to the Russian Far Ea
Published 22 Aug, 2011 12:00am
185 killed in South Sudan clashes

185 killed in South Sudan clashes

More than 185 people have been killed in South Sudan in a recent cattle raid and an unrelated militia attack, officials said Sunday. The incidents underscore the challenges and insecurity faced by South Sudan, which became the world's newest country when
Published 22 Aug, 2011 12:00am
Nepal extends deadline to form government

Nepal extends deadline to form government

Nepal's president extended the deadline Sunday for forming a national unity government after the prime minister's resignation plunged an already paralysed political process into crisis.
Published 22 Aug, 2011 12:00am
Haiti, Dominican Republic in crosshairs of storm Irene

Haiti, Dominican Republic in crosshairs of storm Irene

Tropical Storm Irene roared into the north-eastern Caribbean Sunday with forecasters warning it could reach hurricane strength as it bore down on the Dominican Repuublic and quake-ravaged Haiti. The National Hurricane Center said the storm, the ninth of t
Published 22 Aug, 2011 12:00am
Tensions again flare in Kosovo

Tensions again flare in Kosovo

Tensions again rose Sunday in the Serb-dominated northern Kosovo when Nato peacekeepers and European Union police moved to seize a dredger used in riots last month. A crowd of local Serbs blocked the unit of the Nato peacekeeping mission (KFOR) that seize
Published 22 Aug, 2011 12:00am
Tax me and my kind

Tax me and my kind

This is probably for the first time in the history of mankind that a super rich person with a superstar status has beseeched the fiscal authorities of his country to tax him and persons belonging to his category of income more and justified such a stance
Published 22 Aug, 2011 12:00am
Creating a crime database

Creating a crime database

While reviewing the internal security situation at its recent meeting, the Defence Committee of the Cabinet decided to strengthen cooperative mechanism between the federal and provincial governments. Towards that end, the Committee directed the Ministry o
Published 22 Aug, 2011 12:00am
IMF: What should Pakistan do?

IMF: What should Pakistan do?

Informed sources in the Ministry of Finance have begun referring to the possibility of the government allowing the International Monetary Fund's (IMF) Stand-By Arrangement (SBA), stalled since May 2010, to lapse and instead seek a new assistance package f
Published 22 Aug, 2011 12:00am
Fear fuels refugees' Australia dreams

Fear fuels refugees' Australia dreams

Akhbar and his family fled a perilous existence in Afghanistan for an uncertain life in Malaysia and now dream of a better future in Australia under a controversial refugee swap deal. If that doesn't happen, he says, he is willing to risk death to sneak i
Published 22 Aug, 2011 12:00am
Thailand's rice exporters heading for the sunset?

Thailand's rice exporters heading for the sunset?

For decades, the board of directors of the Thai Rice Exporters Association has gathered every Wednesday at their Bangkok office, Mercedes Benz cars parked outside, to talk shop. Nowadays, the talk is bleak.
Published 22 Aug, 2011 12:00am
Limping back to normality

Limping back to normality

A group of citizens comprising, among others, noted jurist Fakhruddin G. Ebrahim, lawyer Iqbal Haider and human rights activist Mahnaz Rahman have staged a protest demonstration against the bloodshed in the city of teeming millions.
Published 22 Aug, 2011 12:00am
Continental Biscuits

Continental Biscuits

While most companies struggle to survive during the ongoing recession, there are some that have prospered despite adverse economic conditions. Continental Biscuits is one such business which has continued on its growth trajectory even over the past couple
Published 22 Aug, 2011 12:00am
Continental Biscuits

Continental Biscuits

While most companies struggle to survive during the ongoing recession, there are some that have prospered despite adverse economic conditions. Continental Biscuits is one such business which has continued on its growth trajectory even over the past couple
Published 22 Aug, 2011 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (August 15 to 20, 2011)

Published 22 Aug, 2011 12:00am
The Weather

The Weather

The weather report on Sunday (August 21, 2011) and the forecast for Monday (August 22, 2011).

Published 22 Aug, 2011 12:00am
GE uranium enrichment plans raise fears

GE uranium enrichment plans raise fears

US conglomerate General Electric is seeking permission to build a $1 billion plant for uranium enrichment by laser, a process which has raised proliferation fears, The New York Times said Sunday.
Published 22 Aug, 2011 12:00am
GE uranium enrichment plans raise fears

GE uranium enrichment plans raise fears

US conglomerate General Electric is seeking permission to build a $1 billion plant for uranium enrichment by laser, a process which has raised proliferation fears, The New York Times said Sunday.
Published 22 Aug, 2011 12:00am
Abu Dhabi's ADIA revamps external equities division

Abu Dhabi's ADIA revamps external equities division

The Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds, has restructured its external equities department, separating indexed funds from active funds as part of a more focused strategy, it said on Sunday.
Published 22 Aug, 2011 12:00am
Abu Dhabi's ADIA revamps external equities division

Abu Dhabi's ADIA revamps external equities division

The Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds, has restructured its external equities department, separating indexed funds from active funds as part of a more focused strategy, it said on Sunday.
Published 22 Aug, 2011 12:00am
Abu Dhabi''s ADIA revamps external equities division

Abu Dhabi''s ADIA revamps external equities division

The Abu Dhabi Investment Authority (ADIA), one of the world''s largest sovereign wealth funds, has restructured its external equities department, separating indexed funds from active funds as part of a more focused strategy, it said on Sunday.
Published 22 Aug, 2011 12:00am
THE RUPEE: dollar in search of new destination

THE RUPEE: dollar in search of new destination

As a result of forward dollar buying to clear payments by importers and partly because of poor law and order situation, the dollar hit the high at Rs 87 during the week ended on Saturday, August 20, 2011.
Published 22 Aug, 2011 12:00am
THE RUPEE: dollar in search of new destination

THE RUPEE: dollar in search of new destination

As a result of forward dollar buying to clear payments by importers and partly because of poor law and order situation, the dollar hit the high at Rs 87 during the week ended on Saturday, August 20, 2011.
Published 22 Aug, 2011 12:00am
Rebels reach Tripoli, no sign of resistance

Rebels reach Tripoli, no sign of resistance

Rebel fighters streamed into the outskirts of Tripoli on Sunday with little sign of resistance, despite a call by Muammar Qadhafi for citizens to take up arms and save his 41-year-old regime from annihilation. A convoy of rebels entered a western neighbou
Published 22 Aug, 2011 12:00am
Rebels reach Tripoli, no sign of resistance

Rebels reach Tripoli, no sign of resistance

Rebel fighters streamed into the outskirts of Tripoli on Sunday with little sign of resistance, despite a call by Muammar Qadhafi for citizens to take up arms and save his 41-year-old regime from annihilation. A convoy of rebels entered a western neighbou
Published 22 Aug, 2011 12:00am
Arab League calls for global pressure on Israel

Arab League calls for global pressure on Israel

The Arab League on Sunday condemned the Israeli raids on Palestinians in the Gaza Strip and called on the international community to put pressure on the Jewish state to halt the strikes. The pan-Arab organisation "calls on the international community to p
Published 22 Aug, 2011 12:00am
Arab League calls for global pressure on Israel

Arab League calls for global pressure on Israel

The Arab League on Sunday condemned the Israeli raids on Palestinians in the Gaza Strip and called on the international community to put pressure on the Jewish state to halt the strikes. The pan-Arab organisation "calls on the international community to p
Published 22 Aug, 2011 12:00am
2007-08 revised as CPI, WPI 'base year': coverage expanded to 21 cities

2007-08 revised as CPI, WPI 'base year': coverage expanded to 21 cities

The federal government has decided to revise the 'base year' of the Consumer Price Index (CPI) and Wholesale Price Index (WPI) from 2000-01 to 2007-08, besides expanding coverage of cities from 18 to 21, according to official documents exclusively made av
Published 22 Aug, 2011 12:00am
2007-08 revised as CPI, WPI 'base year': coverage expanded to 21 cities

2007-08 revised as CPI, WPI 'base year': coverage expanded to 21 cities

The federal government has decided to revise the 'base year' of the Consumer Price Index (CPI) and Wholesale Price Index (WPI) from 2000-01 to 2007-08, besides expanding coverage of cities from 18 to 21, according to official documents exclusively made av
Published 22 Aug, 2011 12:00am
Eid on August 31

Eid on August 31

The new Shawwal moon may be sighted on August 30 (Tuesday), according to astronomical parameters. Therefore, the first of Shawwal, 1432 AH will fall on Wednesday, August 31. The moon will cross the conjunction line on Monday August 29 at 0804 Pakistan Sta
Published 22 Aug, 2011 12:00am
Eid on August 31

Eid on August 31

The new Shawwal moon may be sighted on August 30 (Tuesday), according to astronomical parameters. Therefore, the first of Shawwal, 1432 AH will fall on Wednesday, August 31. The moon will cross the conjunction line on Monday August 29 at 0804 Pakistan Sta
Published 22 Aug, 2011 12:00am
Financial market sensing new funding problem

Financial market sensing new funding problem

Financial market has been sensing new funding problem that could arise from commercial paper market (unsecured short-term debt), as US is seen reducing exposure to non-US banks. Major Key short-term maturities is due from September 2011.
Published 22 Aug, 2011 12:00am
Financial market sensing new funding problem

Financial market sensing new funding problem

Financial market has been sensing new funding problem that could arise from commercial paper market (unsecured short-term debt), as US is seen reducing exposure to non-US banks. Major Key short-term maturities is due from September 2011.
Published 22 Aug, 2011 12:00am
Financial market sensing new funding problem

Financial market sensing new funding problem

Financial market has been sensing new funding problem that could arise from commercial paper market (unsecured short-term debt), as US is seen reducing exposure to non-US banks. Major Key short-term maturities is due from September 2011.
Published 22 Aug, 2011 12:00am
Army intervention no solution to problem: Gilani

Army intervention no solution to problem: Gilani

Prime Minister Syed Yousuf Raza Gilani has said that military action is not a long-term solution to any problem, saying that only the provincial government of Sindh can call Army in Karachi. Addressing a press conference at Governor House, Lahore the prim
Published 22 Aug, 2011 12:00am
Army intervention no solution to problem: Gilani

Army intervention no solution to problem: Gilani

Prime Minister Syed Yousuf Raza Gilani has said that military action is not a long-term solution to any problem, saying that only the provincial government of Sindh can call Army in Karachi. Addressing a press conference at Governor House, Lahore the prim
Published 22 Aug, 2011 12:00am
Violence claims seven more lives

Violence claims seven more lives

Despite several high-level meetings regarding law and order situation in Karachi, the ongoing ethnic violence continues unabated, as seven more persons fell prey to the bloodbath in different areas of the metropolis here on Sunday.
Published 22 Aug, 2011 12:00am
Violence claims seven more lives

Violence claims seven more lives

Despite several high-level meetings regarding law and order situation in Karachi, the ongoing ethnic violence continues unabated, as seven more persons fell prey to the bloodbath in different areas of the metropolis here on Sunday.
Published 22 Aug, 2011 12:00am
Over 2,000 found buried in IHK's unmarked graves: report

Over 2,000 found buried in IHK's unmarked graves: report

More than 2,000 corpses have been found buried in several unmarked graves in Indian held Kashmir, believed to be victims of freedom movement, a government human rights commission said in a report. The graves were found in dozens of villages near the Line
Published 22 Aug, 2011 12:00am
Over 2,000 found buried in IHK's unmarked graves: report

Over 2,000 found buried in IHK's unmarked graves: report

More than 2,000 corpses have been found buried in several unmarked graves in Indian held Kashmir, believed to be victims of freedom movement, a government human rights commission said in a report. The graves were found in dozens of villages near the Line
Published 22 Aug, 2011 12:00am
Index falls below 11,000 barrier after 39 weeks

Index falls below 11,000 barrier after 39 weeks

The KSE-100 index declined by 383.22 points during the week ended on August 19, 2011 and closed below 11,000 points, after 39 weeks, at 10,879.82 points due to panic selling on investors' concerns over declining trend in the global equity markets and dete
Published 22 Aug, 2011 12:00am
Index falls below 11,000 barrier after 39 weeks

Index falls below 11,000 barrier after 39 weeks

The KSE-100 index declined by 383.22 points during the week ended on August 19, 2011 and closed below 11,000 points, after 39 weeks, at 10,879.82 points due to panic selling on investors' concerns over declining trend in the global equity markets and dete
Published 22 Aug, 2011 12:00am
Index falls below 11,000 barrier after 39 weeks

Index falls below 11,000 barrier after 39 weeks

The KSE-100 index declined by 383.22 points during the week ended on August 19, 2011 and closed below 11,000 points, after 39 weeks, at 10,879.82 points due to panic selling on investors'' concerns over declining trend in the global equity markets and det
Published 22 Aug, 2011 12:00am
Futures trading remains low

Futures trading remains low

Trading activity at the futures counter remained thin and the average daily volume at the futures counter declined by 43 percent to 2.96 million shares as compared to previous week's 5.19 million shares. The value of daily trade at the futures counter dec
Published 22 Aug, 2011 12:00am
Futures trading remains low

Futures trading remains low

Trading activity at the futures counter remained thin and the average daily volume at the futures counter declined by 43 percent to 2.96 million shares as compared to previous week's 5.19 million shares. The value of daily trade at the futures counter dec
Published 22 Aug, 2011 12:00am
Futures trading remains low

Futures trading remains low

Trading activity at the futures counter remained thin and the average daily volume at the futures counter declined by 43 percent to 2.96 million shares as compared to previous week''s 5.19 million shares. The value of daily trade at the futures counter de
Published 22 Aug, 2011 12:00am
Futures trading remains low

Futures trading remains low

Trading activity at the futures counter remained thin and the average daily volume at the futures counter declined by 43 percent to 2.96 million shares as compared to previous week''''s 5.19 million shares. The value of daily trade at the futures counter
Published 22 Aug, 2011 12:00am
Electoral rolls: ECP starts verification today

Electoral rolls: ECP starts verification today

The Election Commission of Pakistan expects the number of registered voters to be around 83 million, as it starts the massive task of door to door verification of electoral rolls from Monday (today), involving 0.124 million manpower.
Published 22 Aug, 2011 12:00am
Electoral rolls: ECP starts verification today

Electoral rolls: ECP starts verification today

The Election Commission of Pakistan expects the number of registered voters to be around 83 million, as it starts the massive task of door to door verification of electoral rolls from Monday (today), involving 0.124 million manpower.
Published 22 Aug, 2011 12:00am
Contaminated water: 30,000 die each year in Karachi: WWF

Contaminated water: 30,000 die each year in Karachi: WWF

The growth of the world's urban population is posing an ever growing challenge to provide city dwellers access to clean water and sanitation, a study released Sunday said. The World Wildlife Fund (WWF) report - titled Big Cities, Big Water, Big Challenges
Published 22 Aug, 2011 12:00am
Contaminated water: 30,000 die each year in Karachi: WWF

Contaminated water: 30,000 die each year in Karachi: WWF

The growth of the world's urban population is posing an ever growing challenge to provide city dwellers access to clean water and sanitation, a study released Sunday said. The World Wildlife Fund (WWF) report - titled Big Cities, Big Water, Big Challenges
Published 22 Aug, 2011 12:00am
Anna Hazare says ready for dialogue with government

Anna Hazare says ready for dialogue with government

An Indian anti-graft activist whose hunger strike has galvanised millions to hold the biggest protests in decades appeared on Sunday ready to end a stand-off with the government, saying he was open to dialogue.
Published 22 Aug, 2011 12:00am
Anna Hazare says ready for dialogue with government

Anna Hazare says ready for dialogue with government

An Indian anti-graft activist whose hunger strike has galvanised millions to hold the biggest protests in decades appeared on Sunday ready to end a stand-off with the government, saying he was open to dialogue.
Published 22 Aug, 2011 12:00am
Earth's oldest fossils boost hopes for life on Mars

Earth's oldest fossils boost hopes for life on Mars

Microfossils found in Australia show that more than 3.4 billion years ago, bacteria thrived on an Earth that had no oxygen, a finding that boosts hopes life has existed on Mars, a study published Sunday says.
Published 22 Aug, 2011 12:00am
Earth's oldest fossils boost hopes for life on Mars

Earth's oldest fossils boost hopes for life on Mars

Microfossils found in Australia show that more than 3.4 billion years ago, bacteria thrived on an Earth that had no oxygen, a finding that boosts hopes life has existed on Mars, a study published Sunday says.
Published 22 Aug, 2011 12:00am
Afghan poll body backs Karzai's court, orders 9 MPs out

Afghan poll body backs Karzai's court, orders 9 MPs out

Afghanistan's election body said on Sunday it will replace nine parliamentarians in line with a ruling by a court appointed by President Hamid Karzai, potentially inflaming tension with lawmakers who have warned against any changes to the results of last
Published 22 Aug, 2011 12:00am
Afghan poll body backs Karzai's court, orders 9 MPs out

Afghan poll body backs Karzai's court, orders 9 MPs out

Afghanistan's election body said on Sunday it will replace nine parliamentarians in line with a ruling by a court appointed by President Hamid Karzai, potentially inflaming tension with lawmakers who have warned against any changes to the results of last
Published 22 Aug, 2011 12:00am
Indus, Jhelum rivers water flow lowest in a decade

Indus, Jhelum rivers water flow lowest in a decade

The water flow in two main rivers Indus and Jhelum has come down to the lowest level in a decade during the monsoon and the Indus River System Authority (IRSA) is struggling to fill the dams on these rivers, ie, Tarbela and Mangla, respectively, to their
Published 22 Aug, 2011 12:00am
Indus, Jhelum rivers water flow lowest in a decade

Indus, Jhelum rivers water flow lowest in a decade

The water flow in two main rivers Indus and Jhelum has come down to the lowest level in a decade during the monsoon and the Indus River System Authority (IRSA) is struggling to fill the dams on these rivers, ie, Tarbela and Mangla, respectively, to their
Published 22 Aug, 2011 12:00am
Indus, Jhelum rivers water flow lowest in a decade

Indus, Jhelum rivers water flow lowest in a decade

The water flow in two main rivers Indus and Jhelum has come down to the lowest level in a decade during the monsoon and the Indus River System Authority (IRSA) is struggling to fill the dams on these rivers, ie, Tarbela and Mangla, respectively, to their
Published 22 Aug, 2011 12:00am
Previous Day