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Archive - 2011-09-28
White House treads carefully on Pakistan
Top News

White House treads carefully on Pakistan

WASHINGTON : The White House Wednesday declined to reinforce the top US military officer's warning that the Haqqani ne
Published 28 Sep, 2011 06:20pm
SBP conversion rates
Top News

SBP conversion rates

KARACHI : State Bank of Pakistan (SBP) on Wednesday announced the rates applicable for conversion into rupees of Foreign
Published 28 Sep, 2011 02:33pm
Death toll hits 79 in Indian floods
Top News

Death toll hits 79 in Indian floods

BHUBANESWAR : The death toll from severe flooding in the eastern Indian state of Orissa has risen to 79 with an estimat
Published 28 Sep, 2011 10:00am
HK shares close down 0.7pc
Financial

HK shares close down 0.7pc

HONG KONG: Hong Kong shares crept lower on Wednesday, led by losses in banks and property stocks as investors unwound po
Published 28 Sep, 2011 07:56am
NY coffee signals mixed
Commodities

NY coffee signals mixed

SINGAPORE: Signals are mixed for New York coffee as it is not certain if the contract has adopted a double-zigzag or tri
Published 28 Sep, 2011 07:36am
Spot gold to drop to $1,584.39/oz
Top News

Spot gold to drop to $1,584.39/oz

SINGAPORE: Spot gold will fall to $1,584.39 per ounce, an hourly chart low and a presumed wave "b" trough. The rebound
Published 28 Sep, 2011 05:46am
Obama sees narrow path to 2012 win
Top News

Obama sees narrow path to 2012 win

DENVER: President Barack Obama is crossing swords with potential Republican rivals and demanding demoralized Democrats w
Published 28 Sep, 2011 04:55am
Tracking mid-sized banks
BR Research

Tracking mid-sized banks

In the local banking industry, challengers, or so called smaller players, are furiously proving their mettle. To trespass the comfort zone e
Published 28 Sep, 2011 12:00am
LSE index gains over 101 points

LSE index gains over 101 points

Equities on Tuesday staged recoveries amid bullish sentiments on the Lahore Stock Exchange (LSE) on account of fresh buying in blue chips, while ready board also helped market regain its day earlier loss. The LSE-25 index was increased by 101.36 points to
Published 28 Sep, 2011 12:00am
LSE index gains over 101 points

LSE index gains over 101 points

Equities on Tuesday staged recoveries amid bullish sentiments on the Lahore Stock Exchange (LSE) on account of fresh buying in blue chips, while ready board also helped market regain its day earlier loss. The LSE-25 index was increased by 101.36 points to
Published 28 Sep, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 60.27 points, as the Index moved from 2,458.55 to 2,518.
Published 28 Sep, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 60.27 points, as the Index moved from 2,458.55 to 2,518.
Published 28 Sep, 2011 12:00am
'LPG mafia' earned Rs 350 billion in six years: distributors say...

'LPG mafia' earned Rs 350 billion in six years: distributors say...

Over the past six years the 'LPG mafia' earned Rs 350 billion by fleecing the masses. Muhammad Irfan Khokhar, Chairman All Pakistan LPG Distributors Association said this while briefing the National Assembly Standing Committee on Petroleum and Natural Res
Published 28 Sep, 2011 12:00am
'LPG mafia' earned Rs 350 billion in six years: distributors say...

'LPG mafia' earned Rs 350 billion in six years: distributors say...

Over the past six years the 'LPG mafia' earned Rs 350 billion by fleecing the masses. Muhammad Irfan Khokhar, Chairman All Pakistan LPG Distributors Association said this while briefing the National Assembly Standing Committee on Petroleum and Natural Res
Published 28 Sep, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (September 27, 2011).

Published 28 Sep, 2011 12:00am
''LPG mafia'' earned Rs 350 billion in six years: distributors say...

''LPG mafia'' earned Rs 350 billion in six years: distributors say...

Over the past six years the ''LPG mafia'' earned Rs 350 billion by fleecing the masses. Muhammad Irfan Khokhar, Chairman All Pakistan LPG Distributors Association said this while briefing the National Assembly Standing Committee on Petroleum and Natural R
Published 28 Sep, 2011 12:00am
Saudi woman sentenced to 10 lashes for driving

Saudi woman sentenced to 10 lashes for driving

A Saudi woman was sentenced to 10 lashes for defying a ban on women driving in the conservative kingdom, an activist said on Tuesday, while another woman was arrested in the capital. Sheima Jastaniah was sentenced on Monday by a court in the Red Sea city
Published 28 Sep, 2011 12:00am
THE RUPEE: money market volatile

THE RUPEE: money market volatile

Volatility was seen on the open market on Tuesday as after the intervention by the State Bank of Pakistan (SBP), the rupee recovered versus dollar, dealers said. The rupee rose by 20 paisa in relation to dollar for buying at 87.40 while it gained 19 paisa
Published 28 Sep, 2011 12:00am
Saudi woman sentenced to 10 lashes for driving

Saudi woman sentenced to 10 lashes for driving

A Saudi woman was sentenced to 10 lashes for defying a ban on women driving in the conservative kingdom, an activist said on Tuesday, while another woman was arrested in the capital. Sheima Jastaniah was sentenced on Monday by a court in the Red Sea city
Published 28 Sep, 2011 12:00am
THE RUPEE: money market volatile

THE RUPEE: money market volatile

Volatility was seen on the open market on Tuesday as after the intervention by the State Bank of Pakistan (SBP), the rupee recovered versus dollar, dealers said. The rupee rose by 20 paisa in relation to dollar for buying at 87.40 while it gained 19 paisa
Published 28 Sep, 2011 12:00am
Rear Admiral Waseem new PMSA DG

Rear Admiral Waseem new PMSA DG

Rear Admiral Waseem Akram on Tuesday assumed the duties of Director General Pakistan Maritime Security Agency (PMSA). A ceremony was held at PMSA Headquarters in this regard, according to an official handout.
Published 28 Sep, 2011 12:00am
Rear Admiral Waseem new PMSA DG

Rear Admiral Waseem new PMSA DG

Rear Admiral Waseem Akram on Tuesday assumed the duties of Director General Pakistan Maritime Security Agency (PMSA). A ceremony was held at PMSA Headquarters in this regard, according to an official handout.
Published 28 Sep, 2011 12:00am
PIA plane makes emergency landing in Multan

PIA plane makes emergency landing in Multan

An Islamabad-to-Karachi bound PIA flight, PK-369, made an emergency landing in Multan after developing a technical fault on Tuesday. Several parliamentarians were onboard the plane. One of the engines of the plane stopped functioning after taking off from
Published 28 Sep, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 27, 2011).

Published 28 Sep, 2011 12:00am
PIA plane makes emergency landing in Multan

PIA plane makes emergency landing in Multan

An Islamabad-to-Karachi bound PIA flight, PK-369, made an emergency landing in Multan after developing a technical fault on Tuesday. Several parliamentarians were onboard the plane. One of the engines of the plane stopped functioning after taking off from
Published 28 Sep, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 27, 2011).

Published 28 Sep, 2011 12:00am
Issuance of CNG licences during 10 years: Ogra told to provide details

Issuance of CNG licences during 10 years: Ogra told to provide details

The Supreme Court on Tuesday sought detailed report from the Oil and Gas Regulatory Authority (Ogra) pertaining to the record of issuance of compressed natural gas (CNG) licences during last ten years. A three-member bench comprising Justice Mian Shakirul
Published 28 Sep, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (September 27, 2011).

Published 28 Sep, 2011 12:00am
Issuance of CNG licences during 10 years: Ogra told to provide details

Issuance of CNG licences during 10 years: Ogra told to provide details

The Supreme Court on Tuesday sought detailed report from the Oil and Gas Regulatory Authority (Ogra) pertaining to the record of issuance of compressed natural gas (CNG) licences during last ten years. A three-member bench comprising Justice Mian Shakirul
Published 28 Sep, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (September 27, 2011) and for Wednesday (September 28, 2011).
Published 28 Sep, 2011 12:00am
Issuance of CNG licences during 10 years: Ogra told to provide details

Issuance of CNG licences during 10 years: Ogra told to provide details

The Supreme Court on Tuesday sought detailed report from the Oil and Gas Regulatory Authority (Ogra) pertaining to the record of issuance of compressed natural gas (CNG) licences during last ten years. A three-member bench comprising Justice Mian Shakirul
Published 28 Sep, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 27, 2011).

Published 28 Sep, 2011 12:00am
China supports Pakistan's sovereignty, territorial integrity

China supports Pakistan's sovereignty, territorial integrity

Chinese Vice Premier Meng Jianzhu called on the Prime Minister Syed Yousuf Raza Gilani here on Tuesday and reiterated that China categorically supports Pakistan's efforts to uphold its sovereignty, independence and territorial integrity. Pakistan is the o
Published 28 Sep, 2011 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 28 Sep, 2011 12:00am
BNP leader shot dead

BNP leader shot dead

Unknown armed men shot dead BNP leader near here on Tuesday and fled in his car. According to details, unknown armed men opened fire on Dr Lal Bakhsh, a leader of BNP and Medical Officer Hironk BHU, 40-km from Turbat. He died on the spot. Unknown persons
Published 28 Sep, 2011 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 28 Sep, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 27, 2011).

Published 28 Sep, 2011 12:00am
Taliban insist they control Haqqanis, not Pakistan

Taliban insist they control Haqqanis, not Pakistan

The Taliban took the unusual step Tuesday of insisting that it, not Pakistan, controls the Haqqani network, with Islamabad under growing US pressure to cut alleged ties with the group. The militia advised Pakistan, historically perhaps its closest foreign
Published 28 Sep, 2011 12:00am
80,000 ST returns filing: FBR close to meeting target

80,000 ST returns filing: FBR close to meeting target

The Federal Board of Revenue is close to meet the 80,000 sales tax return filing target of registered persons by the end of current month, reflecting a major improvement in the compliance level on the sales tax side. Sources told Business Recorder
Published 28 Sep, 2011 12:00am
Oxfam concerned over floods situation in Sindh, Balochistan

Oxfam concerned over floods situation in Sindh, Balochistan

International aid agency Oxfam expressed concerns over the floods in Sindh and Balochistan provinces, as only $1.30 has been committed per person by international donors in the first 10 days of the UN appeal as opposed to $3.20 committed in the same perio
Published 28 Sep, 2011 12:00am
Office building project: US finance body to provide $20 million loan

Office building project: US finance body to provide $20 million loan

A US finance institution, Overseas Private Investment Corporation, announced on Monday to extend a $20 million loan towards completion of a 28-storey office building in Karachi. Finance Minister Abdul Hafeez Shaikh, who presided over the signing ceremony
Published 28 Sep, 2011 12:00am
Pakistan turns to China

Pakistan turns to China

Pakistan, facing a crisis in relations with the United States, appears to be seeking more support from powerful ally China. Pakistani officials have been heaping praise on China since its public security minister arrived here on Monday for high-level talk
Published 28 Sep, 2011 12:00am
'Profit on debt': Zakat deduction allowed

'Profit on debt': Zakat deduction allowed

The Federal Board of Revenue has allowed deduction of Zakat paid under the Zakat and Ushr Ordinance 1980 by the recipients of 'profit on debt'. In this regard, the FBR has amended Income Tax Circular 9 of 2011 through an Income Tax Circular 13 of 2011.
Published 28 Sep, 2011 12:00am
APTTA goods clearance demonstration in Karachi today

APTTA goods clearance demonstration in Karachi today

Pakistani customs authorities would give practical demonstration of clearance of transit trade consignments at Karachi Port to Afghan customs officials/traders on Wednesday (September 28) under the Afghanistan Pakistan Transit Trade Agreement (APTTA).
Published 28 Sep, 2011 12:00am
Chinese officials meet Army Chief

Chinese officials meet Army Chief

Meng Jianzhu, State Councillor of China, called on the Chief of Army Staff (COAS), General Ashfaq Parvez Kayani and senior Army officers at GHQ on Monday evening. The visiting dignitary was accompanied by a delegation of high ranking Chinese officials. Ac
Published 28 Sep, 2011 12:00am
Linking overdue export proceeds with EFS puts exporters in a daze

Linking overdue export proceeds with EFS puts exporters in a daze

The linking of overdue export proceeds with Export Finance Scheme (EFS) from coming October 1 has left exporters in a daze. The SME Finance Department of State Bank of Pakistan (SBP), in order to streamline the procedure for availing finance under EFS by
Published 28 Sep, 2011 12:00am
President summons National Assembly session on October 3

President summons National Assembly session on October 3

The President has summoned the session of the National Assembly on October 3, 2011 at 4:00 pm in the Parliament House. The President has summoned the National Assembly session in exercise of powers conferred by clause (1) of Article 54 of the Constitution
Published 28 Sep, 2011 12:00am
Power situation to be under control soon: MD Pepco

Power situation to be under control soon: MD Pepco

Managing Director (MD) Pakistan Electric Power Company (Pepco) Rasool Khan Mehsud said on Tuesday that the power situation would be under control in a day or so, as the IRSA and SNGPL have agreed to increase water releases and gas supplies, respectively.
Published 28 Sep, 2011 12:00am
PHMA asks FBR to withdraw SRO 821 (1)

PHMA asks FBR to withdraw SRO 821 (1)

Pakistan Hardware Merchants Association (PHMA) has said the SRO 821(I) 2011 will not only strengthen black economy but it would also lead to corrupt practices in the country therefore the Federal Board of Revenue (FBR) should immediately withdraw the said
Published 28 Sep, 2011 12:00am
Warid launches international roaming service

Warid launches international roaming service

Warid Telecom (PVT) Ltd, recently launched its new International roaming service 'Roam Info'. This short code based SMS service brings great convenience to International roamers by allowing them to receive detailed tariffs of any foreign mobile operator b
Published 28 Sep, 2011 12:00am
Outstanding DLTL dues: PRGMEA for waiver of taxes until payment

Outstanding DLTL dues: PRGMEA for waiver of taxes until payment

Spokesman of Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has said the government should waive other taxes until the stuck up claims of readymade garment exporters are not paid to lessen the financial burden on them. He criti
Published 28 Sep, 2011 12:00am
Time has come for Pakistan to redeem its honour: Jamaat-i-Islami

Time has come for Pakistan to redeem its honour: Jamaat-i-Islami

Naib Amir of Jamaat-i-Islami Pakistan Senator Professor Khurshid Ahmad has warned the government and the people of Pakistan that the country is faced with a grave challenge, which if not tackled rightly and forthwith, the situation may go out of control.
Published 28 Sep, 2011 12:00am
Fertilizer crisis looming large in country: experts

Fertilizer crisis looming large in country: experts

The fertilizer crisis is looming large in the country as only 3,00,000 metric ton urea fertilizer is left with the stockists to start sowing of the Rabi crops including wheat, grams, lentils, canola, sunflower, vegetables, fodder etc from October 01 again
Published 28 Sep, 2011 12:00am
Loadshedding rendering citizens sleepless, jobless

Loadshedding rendering citizens sleepless, jobless

Eight to ten hours forced load shedding has added to the miseries of the people of Multan, Bahawalpur, Dera Ghazi Khan and Muzaffargarh. Mill owners have closed their one shift rendering thousands of workers jobless. Massive load shedding adds to the plig
Published 28 Sep, 2011 12:00am
Uprooting Haqqani network: US equally responsible for failure: Musharraf

Uprooting Haqqani network: US equally responsible for failure: Musharraf

Former President of Pakistan and Chief of Army Staff and the head of All Pakistan Muslim League (APML), Pervez Musharraf has said that the United States is equally, if not more, responsible for failure to uproot the Haqqani network. He said that the curre
Published 28 Sep, 2011 12:00am
Clarification

Clarification

Apropos "Japan Economic Zone project may be shelved" news item carried by Business Recorder on September 27, the Consulate General of Japan has clarified: "According to the article, the "sources" and Saleem H. Mandviwala, Chairman, Board of Investm
Published 28 Sep, 2011 12:00am
Government asked to put Ogra under Petroleum Ministry

Government asked to put Ogra under Petroleum Ministry

The National Assembly Standing Committee on Petroleum and Natural Resources has directed the government to put the Oil and Gas Regulatory Authority (Ogra) under the control of the Ministry of Petroleum. MNA Talib Nakai, Chairman of the standing committee,
Published 28 Sep, 2011 12:00am
Dr Kamran attends moot in South Africa

Dr Kamran attends moot in South Africa

Dr Muhammad Kamran of Punjab University Urdu Department participated in the golden jubilee international conference of English Academy South Africa held in Peninsula University Cape Town, South Africa. Dr Kamran presented his paper on 'English Translation
Published 28 Sep, 2011 12:00am
SECP assures support for growth of Modaraba sector

SECP assures support for growth of Modaraba sector

The SECP Registrar Modarabas, Jawed Hussain along with his team, met with Bashir Chowdry, chairman, NBFIs and Modaraba Association of Pakistan (MAP). Bashir Chowdry shared the views of the MAP on various issues faced by the sector, like non-inclusion of t
Published 28 Sep, 2011 12:00am
Mobile and broadband services' road-show inaugurated

Mobile and broadband services' road-show inaugurated

Huawei, a leading global information and communications technology (ICT) solutions provider, has announced that it will be embarking on a one-year road show across the region to demonstrate its capabilities in providing advanced end-to-end solutions for m
Published 28 Sep, 2011 12:00am
Mother, daughter and relative gunned down

Mother, daughter and relative gunned down

Unknown armed men gunned down a mother, her daughter and their relative here on Tuesday in the federal Capital. A lady named Najma, 45, her daughter Sidra, 18, and driver, Nazeer Muhammad, were travelling in their car, Corolla SS-149. When they reached F-
Published 28 Sep, 2011 12:00am
SNGPL clarifies

SNGPL clarifies

Sui Northern Gas Pipelines Limited (SNGPL) is facing vast gap between demand and supply due to depletion of major gas fields supplying gas to SNGPL's network. Reacting to the statement of All Pakistan Textile Mills Association (Aptma) published in the
Published 28 Sep, 2011 12:00am
Dry weather forecast for next 24 hours

Dry weather forecast for next 24 hours

The Met Office on Tuesday forecast that mainly dry weather conditions will prevail countrywide during next 24 hours, except Kashmir and its adjoining hilly areas where isolated rain is expected. The forecast says shallow westerly wave is still lying over
Published 28 Sep, 2011 12:00am
Universities pledge to support Sindh's rain-hit HEIs

Universities pledge to support Sindh's rain-hit HEIs

The universities in Pakistan have pledged to support the rain-hit higher education institutions (HEIs) of Sindh province. The Executive Committee of the Vice Chancellors together with the Higher Education Commission (HEC) held a meeting on Tuesday through
Published 28 Sep, 2011 12:00am
UNHCR hails Japanese aid for flood survivors

UNHCR hails Japanese aid for flood survivors

UN refugees' agency UNHCR has expressed gratitude to the government of Japan for extending donation of US dollars one million for the agency' flood response, here on Tuesday. The agency has carried out relief operation in Sindh flood-hit areas through whi
Published 28 Sep, 2011 12:00am
Korean language test tomorrow

Korean language test tomorrow

Human Resource Development (HRD) Services Korea in Islamabad has announced the schedule for conducting Korean language test for 1,017 candidates, interested to see employment in Korea. Talking to newsmen on Tuesday, Overseas Employment Corporation (OEC) M
Published 28 Sep, 2011 12:00am
Pension benefits to SBP employees: Supreme Court reserves judgement

Pension benefits to SBP employees: Supreme Court reserves judgement

The Supreme Court (sc) on Tuesday reserved its judgement in a case of pension benefits to State Bank of Pakistan (SBP) retired employees who opted for golden handshake scheme in 1997 in pursuance of the SBP officers (pension-cum-gratuity) regulations.
Published 28 Sep, 2011 12:00am
Pakistan exports marble products worth $76 million in 2011

Pakistan exports marble products worth $76 million in 2011

Chief Executive Officer of Pakistan Stone Development Company (Pasdec) Ihsanullah Khan has said that the quantum of marble exports has boosted up to 76 million US dollars in this year against 59 million dollars during 2009-10 owing to Pasdec efforts and i
Published 28 Sep, 2011 12:00am
Lasbela CCI, PSMA election results declared

Lasbela CCI, PSMA election results declared

Election process of different associations for the year 2011-12 has been completed and results of elections have been declared. Yakoob H Karim and Badar Patel have been elected unopposed as President and Vice President respectively of Lasbela Chamber of C
Published 28 Sep, 2011 12:00am
Speakers blame intolerance, illiteracy for Khyber Pakhtunkhwa unrest

Speakers blame intolerance, illiteracy for Khyber Pakhtunkhwa unrest

Speakers at a peace conference highlighted the main causes of the growing unrest at Pakhtun soil, saying that intolerance, absence of cultural norms, and illiteracy are the major factors behind the turmoil. The conference titled 'Peace and Pashtuns' was h
Published 28 Sep, 2011 12:00am
SCCI hails services of outgoing body

SCCI hails services of outgoing body

The executive committee of Sarhad Chamber of Commerce and Industry, (SCCI) has praised the services of outgoing body of the chamber and said that the former leadership had played vital role for resolution of problems confronting business community in the
Published 28 Sep, 2011 12:00am
Projects worth Rs 1.5 billion for tourism initiated: minister

Projects worth Rs 1.5 billion for tourism initiated: minister

Khyber Pakhtunkhwa Minister for Sports, and Tourism, Syed Aqil Shah said that government has initiated different projects worth Rs 1.5 billion for promotion of tourism in the province. Addressing at ceremony held under the auspices of Khyber Pakhtunkhwa T
Published 28 Sep, 2011 12:00am
Sindh government urged to shift city courts

Sindh government urged to shift city courts

President, Lawyer Committee for Human Rights Pakistan, Aqil Lodhi, has appealed to Sindh government to shift the city courts to any other suitable place. In a statement issued on Tuesday, he said the lawyers and litigants are facing hardship as the area w
Published 28 Sep, 2011 12:00am
CDGK cleanliness week begins today

CDGK cleanliness week begins today

Administrator Karachi Muhammad Hussain Syed has said City District Government Karachi (CDGK) is starting a cleanliness week and spray campaign in the city from Wednesday (today). Addressing a press conference at Civic Center on Tuesday he further said tha
Published 28 Sep, 2011 12:00am
SCCI concerned over 16 hours power loadshedding

SCCI concerned over 16 hours power loadshedding

Sialkot Chamber of Commerce and Industry's (SCCI) President Ghulam Mustafa Chaudhry has expressed great concern over the unscheduled load shedding of 14 to 16 hours in Sialkot. He said 16 hours unscheduled load shedding had crippled the industrial activit
Published 28 Sep, 2011 12:00am
Consumers suffer due to KESC-SSGC row over gas supply

Consumers suffer due to KESC-SSGC row over gas supply

The ongoing row between Karachi Electric Supply Company (KESC) and Sui Southern Gas Company (SSGC) over gas supply issue has hit the consumers hard, as they are braving up to 12 hours load shedding daily for the last many days. Sources said that the KESC
Published 28 Sep, 2011 12:00am
ACC-1 to decide PMCH officials' fate

ACC-1 to decide PMCH officials' fate

Anti-Corruption Committee (ACC-1) would decide the fate of matter against the officials of Peoples Medical College Hospital (PMCH) of Shaheed Benazirabad (Nawabshah), well-placed sources told Business Recorder on Tuesday. Enquiries and Anti-Corrupt
Published 28 Sep, 2011 12:00am
DAC student honoured

DAC student honoured

Defence Authority College for Women Phase-VII (extension) organised a ceremony to appreciate and encourage one of its talented students, Ms Ayesha Malik, who brought laurels for her alma mater by securing 89 percent in FSc (pre-medical) examination 2010-1
Published 28 Sep, 2011 12:00am
Ufone offers interbank funds transfer facility

Ufone offers interbank funds transfer facility

Ufone has introduced Funds Transfer facility, a one of its kind service in collaboration with Habib Bank Ltd Fund Transfer (FT - sending money to other accounts of the same bank) and Interbank Funds Transfer (IBFT) sending money to other accounts of 17 pa
Published 28 Sep, 2011 12:00am
Crackdown against land grabbers announced

Crackdown against land grabbers announced

Ayaz Soomro, Sindh Minister of Commerce and Industries on Tuesday announced to initiate crack down against the land grabbers to eradicate encroachment from industrial land allocated at industrial zones across Sindh. He ordered to the concerned authorities
Published 28 Sep, 2011 12:00am
'Dengue Mukao Campaign': students urged to play vanguard role

'Dengue Mukao Campaign': students urged to play vanguard role

PML-N leader, Hamza Shahbaz Sharif MNA has stressed upon the students to play a vanguard role in war against dengue and eliminate it from houses, muhallahs, bazaars and sports grounds by playing effective role or creating awareness among the citizens abou
Published 28 Sep, 2011 12:00am
World Heart Day: Shifa International Hospital organises seminar

World Heart Day: Shifa International Hospital organises seminar

One of the leading causes of death among adults in this part of the world where we live is heart disease. Cardiac diseases are among the greatest public health challenges of our time, which are common, costly, disabling and deadly.
Published 28 Sep, 2011 12:00am
Situation warrants intervention by SBP

Situation warrants intervention by SBP

The rupee is stable on the interbank market at 87.60 per dollar while it is in a tailspin on the kerb, touching above 90 per dollar. The rationale for this wide divergence in exchange rate is evident: the State Bank of Pakistan intervened in the interbank
Published 28 Sep, 2011 12:00am
For a calibrated response

For a calibrated response

It is characteristic of the Pakistani nation that confronted with danger of external aggression or the havoc caused by hostile elements of nature it closes ranks and gets united. The same is now in the making as sound of the drums of war beaten by its ers
Published 28 Sep, 2011 12:00am
Pakistan at the crossroads

Pakistan at the crossroads

Even after 64 years of independence, we as a nation are searching for the roadmap towards our cherished destiny envisioned by the founding father.
Published 28 Sep, 2011 12:00am
Reduced gas supply to KESC

Reduced gas supply to KESC

Currently, KESC has been forced to carry out increased loadshedding in Karachi due to unjust and inadequate allocation of low cost generation fuel, that is natural gas. This is a painful situation for us as we have always tried to provide the best possibl
Published 28 Sep, 2011 12:00am
BQATI members meet with DG Rangers

BQATI members meet with DG Rangers

In continuation to improve and maintain the law-and-order situation of Bin Qasim Industrial Zone, Bin Qasim Association of Trade and Industry (BQATI) members met with DG Rangers, Major General Ejaz Chaudhry, at his office recently.
Published 28 Sep, 2011 12:00am
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