BR100 Increased By (0.46%)
BR30 Increased By (0.75%)
KSE100 Increased By (0.51%)
KSE30 Increased By (0.52%)
AGHA 7.66 Increased By ▲ 0.07 (0.92%)
BECO 5.62 Increased By ▲ 0.11 (2%)
BML 59.82 Increased By ▲ 0.74 (1.25%)
BOP 34.72 Increased By ▲ 0.61 (1.79%)
CNERGY 13.17 Increased By ▲ 0.33 (2.57%)
CSIL 6.07 Decreased By ▼ -0.03 (-0.49%)
FCCL 57.79 Increased By ▲ 0.13 (0.23%)
FFL 16.38 Increased By ▲ 0.18 (1.11%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 7.44 Decreased By ▼ -0.04 (-0.53%)
KOSM 6.19 Increased By ▲ 0.25 (4.21%)
LOTCHEM 27.85 Decreased By ▼ -0.14 (-0.5%)
MLCF 101.50 Increased By ▲ 0.85 (0.84%)
NBP 206.90 Increased By ▲ 3.15 (1.55%)
NCPL 60.49 Decreased By ▼ -0.08 (-0.13%)
NPL 69.40 Decreased By ▼ -0.56 (-0.8%)
OGDC 320.90 Increased By ▲ 0.61 (0.19%)
PACE 11.19 Increased By ▲ 0.09 (0.81%)
PAEL 42.95 Decreased By ▼ -0.17 (-0.39%)
PIBTL 16.67 Increased By ▲ 0.11 (0.66%)
PPL 231.35 Increased By ▲ 2.51 (1.1%)
PRL 71.66 Increased By ▲ 0.64 (0.9%)
PTC 71.73 Increased By ▲ 0.08 (0.11%)
SSGC 26.40 Decreased By ▼ -0.28 (-1.05%)
TBL 10.40 Increased By ▲ 0.59 (6.01%)
TELE 8.63 Increased By ▲ 0.02 (0.23%)
TPL 22.60 Increased By ▲ 0.36 (1.62%)
TPLP 15.35 Increased By ▲ 0.24 (1.59%)
TREET 25.15 Increased By ▲ 1.02 (4.23%)
TRG 60.60 Increased By ▲ 0.76 (1.27%)
Archive - 2011-11-14
US students crave Google jobs
Industry

US students crave Google jobs

SAN FRANCISCO: Google tops the list when it comes to where US business students want to work after graduating, according
Published 14 Nov, 2011 10:40pm
CBOT wheat up 1 cent
Commodities

CBOT wheat up 1 cent

CHICAGO: Chicago Board of Trade wheat futures were called to open 1 cent per bushel higher on Monday on some light barga
Published 14 Nov, 2011 04:49pm
ISE-10 witnesses bearish trend
Markets

ISE-10 witnesses bearish trend

ISLAMABAD: The Islamabad Stock Exchange (ISE-10) on Monday witnessed a bearish trend as the index lost 20.76 points to c
Published 14 Nov, 2011 02:49pm
LSE sheds 10.46 points
Markets

LSE sheds 10.46 points

LAHORE: Lahore Stock Exchange shed by 10.46 points on Monday as LSE-25 index opened with 3178.47 and closed at 3168.01 p
Published 14 Nov, 2011 02:41pm
Classical music concert on 25th
Arts

Classical music concert on 25th

LAHORE: A classical music concert to pay tribute to Hazrat Amir Khusru, Mian Tansen and the Gowalior Gharana will be hel
Published 14 Nov, 2011 01:51pm
Gold slips to Rs 49,542
Top News

Gold slips to Rs 49,542

KARACHI: Gold slipped by Rs 43 to close at Rs 49,542 per 10 grams in the local market Saturday, as its international pri
Published 14 Nov, 2011 10:00am
Telecom Egypt Q3 net profit drops 21pc
Top News

Telecom Egypt Q3 net profit drops 21pc

CAIRO: Land-line monopoly Telecom Egypt posted a 21 percent drop in third-quarter net profit on Monday as it continues t
Published 14 Nov, 2011 06:51am
India's October inflation above forecast
Top News

India's October inflation above forecast

NEW DELHI : India 's headline inflation was unchanged in October, worse than forecast and above the 9 percent mark for
Published 14 Nov, 2011 06:27am
Spot gold eyes $1,820/oz
Commodities

Spot gold eyes $1,820/oz

SINGAPORE : Spot gold seems to have resumed an uptrend that started at the Oct. 20 low of $1,603.49, towards a target at
Published 14 Nov, 2011 04:41am
Aluminium targets $2,244/T
Commodities

Aluminium targets $2,244/T

SINGAPORE : A bullish target at $2,244 has been established for LME aluminum as it has risen above a range of $2,096.25-
Published 14 Nov, 2011 04:30am
Rates move both ways
Markets

Rates move both ways

RECORDER REVIEW KARACHI : The trend in the money market was generally mixed during the shortened week ended on Novem
Published 14 Nov, 2011 04:06am
PSMA happy over sugar tender by TCP
Top News

PSMA happy over sugar tender by TCP

RECORDER REPORT ISLAMABAD : The Pakistan Sugar Mills Association (PSMA) has greatly appreciated the tender issued by
Published 14 Nov, 2011 04:02am
Obama says world united against Iran
Top News

Obama says world united against Iran

KO OLINA: US President Barack Obama said Sunday that the world was united in opposing Iran's nuclear program and that Wa
Published 14 Nov, 2011 03:52am
Buck up, SAARC!
BR Research

Buck up, SAARC!

With the West mired in economic woes of its own, several countries in Asia are turning towards regional peers to establish a firm ground in
Published 14 Nov, 2011 12:00am
Energy sector mismanagement and the RPPs

Energy sector mismanagement and the RPPs

Rental power projects (RPPs) have once again resurfaced as a heatedly debated topic in this country in spite of the matter being sub judice. The original protagonists namely Faisal Saleh Hayat, the current Federal Minister for Housing and Works, and Raja
Published 14 Nov, 2011 12:00am
Indonesia miners fight for a bigger slice of pie

Indonesia miners fight for a bigger slice of pie

After more than a decade of hard work and long hours driving a truck through the mountains of Indonesia's remote Papua province for US mining giant Freeport McMoRan, Nus Magay refuses to work for anything less than a hefty raise.
Published 14 Nov, 2011 12:00am
Southern Africa seeks to unite its railways

Southern Africa seeks to unite its railways

Countries across southern Africa are pouring billions of dollars into overhauling their railways, hoping to ease the flow of exports and to boost their plan to create a common market. Angola and Mozambique are reviving railways that had been destroyed dur
Published 14 Nov, 2011 12:00am
Banking tycoons

Banking tycoons

The banking tycoons of Pakistan are benefiting from the fiscal slippages caused by government's inability to diversify its sources of borrowing as the it continues to heavily rely on borrowing from commercial banks offering them much lucrative rates and r
Published 14 Nov, 2011 12:00am
KP Governor invites overseas Pakistanis to invest in Fata

KP Governor invites overseas Pakistanis to invest in Fata

Governor Khyber Pakhtunkhwa Barrister Masood Kausar asked the overseas Pakistani philanthropist to come forward for investment in Fata and assist the government in its efforts to bring a true development revolution in this hitherto neglected and ignored p
Published 14 Nov, 2011 12:00am
Egg prices soar with advent of winter

Egg prices soar with advent of winter

With the advent of winter, the egg prices started soaring as profiteers wanted to fleece the customers. At present the retail price for one dozen eggs soared to Rs 90 while in summer they were being sold at Rs 60 to 65. The customers put up questions to t
Published 14 Nov, 2011 12:00am
LBSE to announce rechecked results on November 19

LBSE to announce rechecked results on November 19

Provincial Education Minister Mujtaba Shujaur Rehman said that after rechecking the results of Lahore Board of Secondary Education will be announced on November 19. Addressing a press conference at Lahore Press Club on Sunday, Rehman said that IT Consulta
Published 14 Nov, 2011 12:00am
Three killed in road accident

Three killed in road accident

Three women were killed and two men injured in a road accident in tehsil Sahiwal on Sunday. According to the police sources, two men Muhammad Tariq and Muhammad Amin, residents of Multan, along with women Parveen Kosar, Rubina and Rukhsana were travelling
Published 14 Nov, 2011 12:00am
Message from Chairman PTA

Message from Chairman PTA

The first and foremost responsibility of the regulators world-wide is to protect consumer interest at all costs. PTA is no different and its vision also revolves around protecting consumer interests. Service quality is one aspect that directly affects the
Published 14 Nov, 2011 12:00am
Message from Member (Technical)

Message from Member (Technical)

Over the past few years, Cellular Mobile sector of Pakistan has witnessed unprecedented growth. This expansion has further increased PTA responsibilities to ensure that the customers get quality of service of international standard and for which they pay.
Published 14 Nov, 2011 12:00am
Message from Member (Finance)

Message from Member (Finance)

It is the primary responsibility of PTA to ensure that services offered to customers are up to the required standards and consumers are satisfied with the services. This, no doubt is an uphill task for the regulators but all efforts should be put in so th
Published 14 Nov, 2011 12:00am
Mobile Penetration

Mobile Penetration

Mobile penetration in Pakistan had been increasing at a very high pace since 2005 and till 2007 the growth was outstanding. However, with market getting mature and saturated and with other issues settling in, the growth started to drop by 2008. Now the gr
Published 14 Nov, 2011 12:00am
Quality of Service Survey Results

Quality of Service Survey Results

MONITIORING OF SERVICE QUALITY: During the surveys, PTA measures following QoS standards in order to determine the performance of the cellular mobile operators:
Published 14 Nov, 2011 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (November 10 - November 11 2011)

Published 14 Nov, 2011 12:00am
Singer crashes Obama summit with 'Occupy' song

Singer crashes Obama summit with 'Occupy' song

A popular Hawaiian recording artist turned a top-security dinner of Pacific Rim leaders hosted by President Barack Obama into a subtle protest with a song in support of the "Occupy" movement.
Published 14 Nov, 2011 12:00am
Singer crashes Obama summit with 'Occupy' song

Singer crashes Obama summit with 'Occupy' song

A popular Hawaiian recording artist turned a top-security dinner of Pacific Rim leaders hosted by President Barack Obama into a subtle protest with a song in support of the "Occupy" movement.
Published 14 Nov, 2011 12:00am
Iran Guards say missile unit pioneer killed in blast

Iran Guards say missile unit pioneer killed in blast

A senior general who pioneered an artillery and missile unit was among those killed in a munitions blast that ripped through a base of Iran's elite Revolutionary Guards, a Sunday statement said. Major General Hassan Moqaddam was responsible for industrial
Published 14 Nov, 2011 12:00am
No arrest made in Imran Farooq murder case: Malik

No arrest made in Imran Farooq murder case: Malik

Interior Minister Rehman Malik has reiterated that no arrest was made in the murder case of MQM leader Dr Imran Farooq, a private TV channel reported Sunday. He said that the letter which had been sent to the Interior Ministry of Pakistan also does not co
Published 14 Nov, 2011 12:00am
No arrest made in Imran Farooq murder case: Malik

No arrest made in Imran Farooq murder case: Malik

Interior Minister Rehman Malik has reiterated that no arrest was made in the murder case of MQM leader Dr Imran Farooq, a private TV channel reported Sunday. He said that the letter which had been sent to the Interior Ministry of Pakistan also does not co
Published 14 Nov, 2011 12:00am
Monti named to head new Italy govt

Monti named to head new Italy govt

Italy's president appointed former European Commissioner Mario Monti on Sunday to head a new government charged with implementing urgent reforms to end a crisis that has endangered the whole euro zone.
Published 14 Nov, 2011 12:00am
Monti named to head new Italy govt

Monti named to head new Italy govt

Italy's president appointed former European Commissioner Mario Monti on Sunday to head a new government charged with implementing urgent reforms to end a crisis that has endangered the whole euro zone.
Published 14 Nov, 2011 12:00am
Six dead in donkey cart blast

Six dead in donkey cart blast

Six people were killed and four wounded when a bomb planted in a donkey cart exploded in a remote town in tribal Khyber district Sunday, officials said. A donkey cart carrying sand was left unattended in the market area of Mastak town near the Afghan bord
Published 14 Nov, 2011 12:00am
Saudi beheaded for murder

Saudi beheaded for murder

A man convicted of murdering a fellow Saudi was beheaded on Sunday in Najran, southern Saudi Arabia, raising to at least 68 the number of executions in the kingdom this year, the interior ministry announced.
Published 14 Nov, 2011 12:00am
Opposition's illegal steps not to be tolerated: Gilani

Opposition's illegal steps not to be tolerated: Gilani

Prime Minister Syed Yousuf Raza Gilani on Sunday said that unconstitutional steps of the opposition against an elected government would not be tolerated, stressing that government's reconciliatory policy should not be construed as its weakness.
Published 14 Nov, 2011 12:00am
Opposition's illegal steps not to be tolerated: Gilani

Opposition's illegal steps not to be tolerated: Gilani

Prime Minister Syed Yousuf Raza Gilani on Sunday said that unconstitutional steps of the opposition against an elected government would not be tolerated, stressing that government's reconciliatory policy should not be construed as its weakness.
Published 14 Nov, 2011 12:00am
Top Austrian priest killed by Nazis is beatified

Top Austrian priest killed by Nazis is beatified

Carl Lampert, the highest representative of Austria's Catholic Church to be killed for opposing the Nazis, was officially beatified on Sunday, exactly 67 years after his death.
Published 14 Nov, 2011 12:00am
Pakistan offers cut-price fighter jet

Pakistan offers cut-price fighter jet

Pakistan is pitching its new JF17 Thunder fighter jet, developed jointly with China, at an aggressive discount to dominant Western rivals, the country's defence minister said on Sunday. "You can buy three of our aircraft for one F-16," Chaudhry Ahmed Mukh
Published 14 Nov, 2011 12:00am
Pakistan offers cut-price fighter jet

Pakistan offers cut-price fighter jet

Pakistan is pitching its new JF17 Thunder fighter jet, developed jointly with China, at an aggressive discount to dominant Western rivals, the country's defence minister said on Sunday. "You can buy three of our aircraft for one F-16," Chaudhry Ahmed Mukh
Published 14 Nov, 2011 12:00am
23 killed in bus-van collision

23 killed in bus-van collision

At least 23 people died and 15 others injured when a speedy bus and van collided here on Sunday evening. The fatal accident took place on the National Highway near Gujjo when a passenger bus coming from Karachi to Thatta collided head-on with a passenger
Published 14 Nov, 2011 12:00am
23 killed in bus-van collision

23 killed in bus-van collision

At least 23 people died and 15 others injured when a speedy bus and van collided here on Sunday evening. The fatal accident took place on the National Highway near Gujjo when a passenger bus coming from Karachi to Thatta collided head-on with a passenger
Published 14 Nov, 2011 12:00am
THE RUPEE: rates move both ways

THE RUPEE: rates move both ways

The trend in the money market was generally mixed during the shortened week ended on November 12, 2011 as the rupee moved both ways against both dollar and euro. In inter-bank dealings, the rupee dropped 49 paisa in relation to dollar for buying and selli
Published 14 Nov, 2011 12:00am
THE RUPEE: rates move both ways

THE RUPEE: rates move both ways

The trend in the money market was generally mixed during the shortened week ended on November 12, 2011 as the rupee moved both ways against both dollar and euro. In inter-bank dealings, the rupee dropped 49 paisa in relation to dollar for buying and selli
Published 14 Nov, 2011 12:00am
Bahraini judiciary links busted cell to Iran

Bahraini judiciary links busted cell to Iran

The Bahraini judiciary on Sunday linked a busted "terrorist" cell to Iran's Revolutionary Guards, a day after announcing the arrest of five Bahrainis planning attacks in the Arab kingdom. The five men are accused of belonging to a "terrorist group" with t
Published 14 Nov, 2011 12:00am
Bahraini judiciary links busted cell to Iran

Bahraini judiciary links busted cell to Iran

The Bahraini judiciary on Sunday linked a busted "terrorist" cell to Iran's Revolutionary Guards, a day after announcing the arrest of five Bahrainis planning attacks in the Arab kingdom. The five men are accused of belonging to a "terrorist group" with t
Published 14 Nov, 2011 12:00am
Two Kuwaitis arrested for spying in Iran

Two Kuwaitis arrested for spying in Iran

Two Kuwaitis have been arrested in Abadan, south-west Iran, on suspicion of spying and illegal entry, a television channel reported on Sunday. "Two Kuwaitis have been arrested in possession of spying materials," said a local official in the town, Bahram I
Published 14 Nov, 2011 12:00am
Two Kuwaitis arrested for spying in Iran

Two Kuwaitis arrested for spying in Iran

Two Kuwaitis have been arrested in Abadan, south-west Iran, on suspicion of spying and illegal entry, a television channel reported on Sunday. "Two Kuwaitis have been arrested in possession of spying materials," said a local official in the town, Bahram I
Published 14 Nov, 2011 12:00am
Saindak lease extension: Prime Minister fails to get Cabinet approval

Saindak lease extension: Prime Minister fails to get Cabinet approval

Prime Minister Yousaf Raza Gilani has reportedly failed to get Cabinet's nod for a five-year extension in the lease of the multimillion dollars Saindak copper gold project to the Chinese company Metallurgical Corporation of China (MCC) as Finance Minister
Published 14 Nov, 2011 12:00am
Saindak lease extension: Prime Minister fails to get Cabinet approval

Saindak lease extension: Prime Minister fails to get Cabinet approval

Prime Minister Yousaf Raza Gilani has reportedly failed to get Cabinet's nod for a five-year extension in the lease of the multimillion dollars Saindak copper gold project to the Chinese company Metallurgical Corporation of China (MCC) as Finance Minister
Published 14 Nov, 2011 12:00am
Saindak lease extension: Prime Minister fails to get Cabinet approval

Saindak lease extension: Prime Minister fails to get Cabinet approval

Prime Minister Yousaf Raza Gilani has reportedly failed to get Cabinet''s nod for a five-year extension in the lease of the multimillion dollars Saindak copper gold project to the Chinese company Metallurgical Corporation of China (MCC) as Finance Ministe
Published 14 Nov, 2011 12:00am
'No Kanupp linkage to radioactivity in Europe'

'No Kanupp linkage to radioactivity in Europe'

Pakistan Atomic Energy Commission (PAEC) on Sunday refuted a news item appeared in a section of national and international media alleging that higher than normal radioactivity noticed in parts of Europe could have originated from the recent KANUPP inciden
Published 14 Nov, 2011 12:00am
'No Kanupp linkage to radioactivity in Europe'

'No Kanupp linkage to radioactivity in Europe'

Pakistan Atomic Energy Commission (PAEC) on Sunday refuted a news item appeared in a section of national and international media alleging that higher than normal radioactivity noticed in parts of Europe could have originated from the recent KANUPP inciden
Published 14 Nov, 2011 12:00am
Obama tells Hu of US impatience with China

Obama tells Hu of US impatience with China

US President Barack Obama told China's President Hu Jintao on Saturday that Americans were "frustrated" and "impatient" at the pace of change in Beijing's economic policy. Obama delivered the frank warning in talks on the eve of a major Asia-Pacific summi
Published 14 Nov, 2011 12:00am
Obama tells Hu of US impatience with China

Obama tells Hu of US impatience with China

US President Barack Obama told China's President Hu Jintao on Saturday that Americans were "frustrated" and "impatient" at the pace of change in Beijing's economic policy. Obama delivered the frank warning in talks on the eve of a major Asia-Pacific summi
Published 14 Nov, 2011 12:00am
US Republicans sharply criticise Pakistan in debate

US Republicans sharply criticise Pakistan in debate

Pakistan took a lot of criticism in Saturday's Republican US presidential debate, with a leading candidate saying it was nearly a failed state and another suggesting the United States cut its foreign aid to zero.
Published 14 Nov, 2011 12:00am
US Republicans sharply criticise Pakistan in debate

US Republicans sharply criticise Pakistan in debate

Pakistan took a lot of criticism in Saturday's Republican US presidential debate, with a leading candidate saying it was nearly a failed state and another suggesting the United States cut its foreign aid to zero.
Published 14 Nov, 2011 12:00am
FBR projects under TARP: World Bank gives 'satisfactory rating'

FBR projects under TARP: World Bank gives 'satisfactory rating'

The World Bank Review Mission has given 'satisfactory rating' to the Financial Management Arrangements of the Federal Board of Revenue (FBR) for the several projects executed under the Tax Administration Reform Project (TARP) being concluded on December 2
Published 14 Nov, 2011 12:00am
FBR projects under TARP: World Bank gives 'satisfactory rating'

FBR projects under TARP: World Bank gives 'satisfactory rating'

The World Bank Review Mission has given 'satisfactory rating' to the Financial Management Arrangements of the Federal Board of Revenue (FBR) for the several projects executed under the Tax Administration Reform Project (TARP) being concluded on December 2
Published 14 Nov, 2011 12:00am
FBR projects under TARP: World Bank gives ''satisfactory rating''

FBR projects under TARP: World Bank gives ''satisfactory rating''

The World Bank Review Mission has given ''satisfactory rating'' to the Financial Management Arrangements of the Federal Board of Revenue (FBR) for the several projects executed under the Tax Administration Reform Project (TARP) being concluded on December
Published 14 Nov, 2011 12:00am
Power tarrif hike: Prime Minister gives ministry go-ahead

Power tarrif hike: Prime Minister gives ministry go-ahead

Prime Minister Yousaf Raza Gilani has allowed the Ministry of Water and Power to increase power tariff of distribution companies (discos) by up to 53 paisa per unit, according to official documents exclusively available with Business Recorder.
Published 14 Nov, 2011 12:00am
Power tarrif hike: Prime Minister gives ministry go-ahead

Power tarrif hike: Prime Minister gives ministry go-ahead

Prime Minister Yousaf Raza Gilani has allowed the Ministry of Water and Power to increase power tariff of distribution companies (discos) by up to 53 paisa per unit, according to official documents exclusively available with Business Recorder.
Published 14 Nov, 2011 12:00am
Power tarrif hike: Prime Minister gives ministry go-ahead

Power tarrif hike: Prime Minister gives ministry go-ahead

Prime Minister Yousaf Raza Gilani has allowed the Ministry of Water and Power to increase power tariff of distribution companies (discos) by up to 53 paisa per unit, according to official documents exclusively available with Business Recorder.
Published 14 Nov, 2011 12:00am
Positive trend on KSE

Positive trend on KSE

Positive trend was witnessed at the Karachi share market during the two-day week on the back of both local and foreign investors' support, mainly in oil, fertiliser and banking sector stocks. The market remained closed on first three days of the week on a
Published 14 Nov, 2011 12:00am
Positive trend on KSE

Positive trend on KSE

Positive trend was witnessed at the Karachi share market during the two-day week on the back of both local and foreign investors' support, mainly in oil, fertiliser and banking sector stocks. The market remained closed on first three days of the week on a
Published 14 Nov, 2011 12:00am
Positive trend on KSE

Positive trend on KSE

Positive trend was witnessed at the Karachi share market during the two-day week on the back of both local and foreign investors'' support, mainly in oil, fertiliser and banking sector stocks. The market remained closed on first three days of the week on
Published 14 Nov, 2011 12:00am
UK seeking $80 billion infrastructure boost

UK seeking $80 billion infrastructure boost

British ministers are drawing up plans for a 50-billion-pound ($80-billion) housing and road-building programme harnessing private sector money, a newspaper reported on Sunday.
Published 14 Nov, 2011 12:00am
North Korea denounces US, Israel over Iran

North Korea denounces US, Israel over Iran

Nuclear-armed North Korea on Sunday accused the United States and Israel of engaging in an "extreme war frenzy" over Iran's atomic programme, warning a new war may break out in the Middle East. Iran is among the countries which the North has supplied with
Published 14 Nov, 2011 12:00am
Three Swiss to avoid trial in nuclear case

Three Swiss to avoid trial in nuclear case

Swiss prosecutors will opt to avoid a public trial for three Swiss men suspected of giving nuclear weapons technology and supplies to a rogue network in Pakistan, a newspaper reported Sunday. The case is politically sensitive for Switzerland and the Unite
Published 14 Nov, 2011 12:00am
Australian man sues over surgical mistake

Australian man sues over surgical mistake

An Australian man endured seven rounds of chemotherapy and had 80 percent of his stomach removed after being told he had cancer, only to later learn it was a misdiagnosis, reports said Sunday. Graham Lord, 59, is suing health officials over the ordeal whi
Published 14 Nov, 2011 12:00am
EFSF denies report that it bought its own bonds

EFSF denies report that it bought its own bonds

The eurozone's bailout fund said on Sunday that it did not buy its own bonds last week, denying a British newspaper report that it spent more than 100 million euros ($137 million) to cover a shortfall of demand. Britain's Sunday Telegraph said that the EF
Published 14 Nov, 2011 12:00am
EFSF denies report that it bought its own bonds

EFSF denies report that it bought its own bonds

The eurozone's bailout fund said on Sunday that it did not buy its own bonds last week, denying a British newspaper report that it spent more than 100 million euros ($137 million) to cover a shortfall of demand. Britain's Sunday Telegraph said that the EF
Published 14 Nov, 2011 12:00am
Pak-India secretary-level talks to begin today

Pak-India secretary-level talks to begin today

Two day Commerce Secretary level talks between India and Pakistan would be held on Monday in New Delhi with special focus on boosting trade between the two countries. The trade and commerce officials of India and Pakistan would discuss issues related to t
Published 14 Nov, 2011 12:00am
EFU Life launches PRIMUS

EFU Life launches PRIMUS

EFU Life, the largest private sector life insurance company in Pakistan, recently launched "PRIMUS" - an exclusive class of service excellence for high net worth clients. The launch of this brand is another first by EFU Life in the insurance industry of P
Published 14 Nov, 2011 12:00am
Pro-Zardari, Wasan rally comes under attack in Badin

Pro-Zardari, Wasan rally comes under attack in Badin

A rally taken out in support of President Asif Ali Zardari and Sindh Home Minister Manzoor Wasan in Badin came under gun attack on Sunday. There was no immediate report of casualties or injuries. The attack took place in Golarchi area of Badin, the home c
Published 14 Nov, 2011 12:00am
Four killed in Tirrah valley

Four killed in Tirrah valley

Four persons have been killed and two sustained injuries when a rocket struck a house at remote Tirrah valley here on Sunday. According to political administration, the rocket fired from undisclosed location landed on the house of Shah Marud in Mastak are
Published 14 Nov, 2011 12:00am
Dengue test fee concession extended till November 30

Dengue test fee concession extended till November 30

Punjab government has extended the restriction of receiving dengue test fee of Rs90 in the private laboratories of the province till November 30. The facility of blood test free of cost will be available to the patients as usual in all government hospital
Published 14 Nov, 2011 12:00am
Imran brands PPP, PML-N 'status quo parties'

Imran brands PPP, PML-N 'status quo parties'

Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan said on Sunday that his party would welcome all politicians who want to join it as "it is the only platform which can bring a drastic change" in the country.
Published 14 Nov, 2011 12:00am
German organisation distributes relief goods

German organisation distributes relief goods

A German relief organisation, Geman Aid for Afghan Children (GAAC) has distributed relief goods amongst 2000 affected families of the devastated floods of 2010 in Madiyan, district Swat. The package was distributed through a specially established relief c
Published 14 Nov, 2011 12:00am
Prime Minister approves promotion of officers

Prime Minister approves promotion of officers

Prime Minister Syed Yousuf Raza Gilani has approved the promotion of the following officers of the Postal Group and Information Service on the recommendations of the Central Selection Board.
Published 14 Nov, 2011 12:00am
PSMA happy over sugar tender by TCP

PSMA happy over sugar tender by TCP

The Pakistan Sugar Mills Association (PSMA) has greatly appreciated the tender issued by the Trading Corporation of Pakistan (TCP) for procurement of 200,000 tons of sugar, which would "greatly help and support the growers".
Published 14 Nov, 2011 12:00am
Electoral alliance with ANP: PPP KP expresses reservations

Electoral alliance with ANP: PPP KP expresses reservations

Former candidates of PPP in the February 2008 elections have expressed reservations over electoral alliance with ANP in the coming elections of 2013. However, the meeting compiled strategy for upcoming election and vowed to give every sacrifice for streng
Published 14 Nov, 2011 12:00am
Iran-Pakistan gas pipeline project: MCCI for expediting work

Iran-Pakistan gas pipeline project: MCCI for expediting work

Multan Chamber of Commerce and Industry (MCCI) Sunday urged the government to explore new gas reserves and expedite work on Iran-Pakistan gas pipeline and complete it as early as possible to run the local industry as Pakistan can not afford two months' su
Published 14 Nov, 2011 12:00am
Next round of Indo-Pak talks to boost trade: Zafar

Next round of Indo-Pak talks to boost trade: Zafar

Federal Commerce Secretary Zafar Mehmood said on Sunday that upcoming talks with India would help improve the trade relations between the two countries. Talking to TV channels soon after arrival at New Delhi airport, Commerce Secretary Zafar Mehmood expre
Published 14 Nov, 2011 12:00am
PML-N terms Imran front man of Zardari, establishment

PML-N terms Imran front man of Zardari, establishment

Central Informa-tion Secretary of PML-N Senator Mushahidullah has alleged that PTI Chief Imran Khan is playing the role of a front man of President Asif Ali Zardari and the establishment to stop PML-N's movement against the government.
Published 14 Nov, 2011 12:00am
'IHK has become den of spurious drugs'

'IHK has become den of spurious drugs'

The doctors in Indian Occupied Kashmir have said that the territory has been turned into a den of spurious and substandard drugs and the highest number of fake drugs in the world are being sold in Jammu and Kashmir.
Published 14 Nov, 2011 12:00am
Rs 2 billion supply chain programme to be initiated

Rs 2 billion supply chain programme to be initiated

Punjab agriculture and livestock departments are initiating supply chain management programme worth rupees two billion under which 15 selected products will be brought to the level of international standard. According to official sources, here on Sunday,
Published 14 Nov, 2011 12:00am
Three women among five people killed

Three women among five people killed

Five people, including three women, were killed in two separate incidents, here on Sunday. Police said unidentified accused entered the house of a widow Khurshid Bibi in Chah Qazian and killed her and her two sons, Khawar (22) and Babar (24), with a sharp
Published 14 Nov, 2011 12:00am
Government to complete its constitutional tenure: Dr Firdous

Government to complete its constitutional tenure: Dr Firdous

Minister for Information and Broadcasting Dr Firdous Ashiq Awan has said that general elections would be held on scheduled and time and shortcut seekers should wait for elections which would held in 2013 and democratically elected government will complete
Published 14 Nov, 2011 12:00am
Skyrocketing prices of agriculture essentials flayed

Skyrocketing prices of agriculture essentials flayed

Jamaat-e-Islami (JI) Secretary General, Liaquat Baloch has severely criticised government's agricultural policy, saying skyrocketing prices of dung, diesel and agriculture medicines have made the plight of farmers miserable.
Published 14 Nov, 2011 12:00am
PEEF BoD meeting held

PEEF BoD meeting held

Male and female students getting scholarships from Punjab Educational Endowment Fund (PEEF), while paying rich tributes to the Punjab Chief Minister Muhammad Shahbaz Sharif said that due to this revolutionary step of the Chief Minister, the dream of getti
Published 14 Nov, 2011 12:00am
Building materials: hike in prices badly hit construction industry

Building materials: hike in prices badly hit construction industry

Unprecedented hike in prices of building materials, bricks, cement, steel, crush, sand, sanitary fittings, pipes, electric wires etc have badly hit the construction industry shattering hopes of at least 60 percent Pakistani house -holds to build a pucca h
Published 14 Nov, 2011 12:00am
World Diabetes Day: free diabetes camp at LGH

World Diabetes Day: free diabetes camp at LGH

A free diabetes camp is going to be set up at the Lahore General Hospital (LGH) to mark the World Diabetes Day on Monday (Today), wherein 1,000 sugar patients would be provided all kinds of necessary medical treatment free-of-cost.
Published 14 Nov, 2011 12:00am
Three of a family strangled to death

Three of a family strangled to death

Dee Type Colony Police have registered a case against unidentified killers for strangulated three members of family (Sajid Javed and 2 of his sons Hamza and Bilal) to death in Allama Iqbal Colony. No arrest has so far been made in this triple murder case.
Published 14 Nov, 2011 12:00am
US apologises for frisking former Indian president

US apologises for frisking former Indian president

The United States on Sunday apologised to former Indian president Abdul Kalam after the New Delhi government complained that he had been frisked at a New York airport. India is sensitive about its dignitaries undergoing routine security checks and Nirupam
Published 14 Nov, 2011 12:00am
Indonesians protest Obama visit

Indonesians protest Obama visit

Hundreds of Indonesian Islamists rallied in central Jakarta on Sunday to protest against this week's visit by President Barack Obama. Around 2,500 protesters from the radical Muslim group Hizbut Tahrir shouted "Reject Obama" and "America is Terrorist" out
Published 14 Nov, 2011 12:00am
Sarkozy's approval rating rebounds, Hollande slips

Sarkozy's approval rating rebounds, Hollande slips

French President Nicolas Sarkozy's approval rating rebounded to a five-month high, a poll found on Sunday, the latest sign that his high-visibility role in battling the eurozone debt crisis is helping him with voters.
Published 14 Nov, 2011 12:00am
Libyans say clashes resolved, but firing goes on

Libyans say clashes resolved, but firing goes on

Despite continued gunfire and explosions near Tripoli on Sunday, Libyan officials and fighters said a bloody local dispute that has strained nerves in the city for three days was being resolved.
Published 14 Nov, 2011 12:00am
South Korea to build barracks for US troops on island

South Korea to build barracks for US troops on island

South Korea plans to build a barracks for US troops on an island near the tense sea border with North Korea in case of emergency or military drills, the defence ministry said Sunday. The barracks will be built on Baengnyeong, a front-line island and flash
Published 14 Nov, 2011 12:00am
Internet keeps government honest: Google chief

Internet keeps government honest: Google chief

Broader adoption of the Internet will keep governments on their toes as wired-up citizens exercise their new-found power to check rights abuses, Google chief Eric Schmidt said on Saturday. "In nations and communities around the world, citizens are turning
Published 14 Nov, 2011 12:00am
Oprah receives 'unimaginable' Oscar

Oprah receives 'unimaginable' Oscar

Oprah Winfrey received an honorary Oscar for her charitable work on Saturday in what she called an unimaginable moment for a black woman who grew up poor in Mississippi and rose to the top of Hollywood stardom.
Published 14 Nov, 2011 12:00am
Yemeni army, tribal fighters kill nine militants

Yemeni army, tribal fighters kill nine militants

Yemen's army and tribal fighters killed nine suspected al Qaeda militants overnight in a southern city where central government control has been weakened by months of political paralysis, residents and local officials said.
Published 14 Nov, 2011 12:00am
Troops occupy Rio slum in 'historic' operation

Troops occupy Rio slum in 'historic' operation

Three thousand troops backed by helicopters and armoured cars occupied Rio de Janeiro's largest slum without firing a shot on Sunday, the biggest step in the Brazilian city's bid to improve security and end the reign of drug gangs.
Published 14 Nov, 2011 12:00am