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Archive - 2012-01-30
3 dead in New Karachi firing incident
Top News

3 dead in New Karachi firing incident

KARACHI: Three people were killed and two other were seriously injured, as they received bullet wounds when unknown assa
Published 30 Jan, 2012 04:19pm
ISE-10 stays bearish
Markets

ISE-10 stays bearish

ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Monday witnessed bearish trend as the index was down by 14.53 point
Published 30 Jan, 2012 04:05pm
England misery continues
Cricket

England misery continues

KARACHI: Despite all efforts and a winning position England lost the second Test brutally by Pakistan at the Sheikh Zaid
Published 30 Jan, 2012 02:27pm
EU summit opens amid rift over Greece
Top News

EU summit opens amid rift over Greece

BRUSSELS: European Union leaders opened their first summit of 2012 on Monday, overshadowed by a new row over how to save
Published 30 Jan, 2012 02:20pm
EU summit opens amid rift over Greece
Top News

EU summit opens amid rift over Greece

BRUSSELS: European Union leaders opened their first summit of 2012 on Monday, overshadowed by a new row over how to save
Published 30 Jan, 2012 02:20pm
USC to open 2000 new stores
Top News

USC to open 2000 new stores

ISLAMABAD: Utility Stores Corporation (USC) decided to add 2000 new stores in its network across the country in order to
Published 30 Jan, 2012 09:47am
Euro, stocks off on Greek debt fears
Top News

Euro, stocks off on Greek debt fears

NEW YORK : The euro and stocks slid around one percent on Monday as investors worried a European Union summit would do l
Published 30 Jan, 2012 09:46am
SC lifts travel restriction on Haqqani
Top News

SC lifts travel restriction on Haqqani

ISLAMABAD: The Supreme Court of Pakistan on Monday lifted travel restrictions imposed on a former ambassador to US Husai
Published 30 Jan, 2012 09:27am
SC lifts travel restrictions on Haqqani
Top News

SC lifts travel restrictions on Haqqani

ISLAMABAD: The Supreme Court of Pakistan on Monday lifted travel restrictions imposed on a former ambassador to US Husai
Published 30 Jan, 2012 09:27am
SC lifts travel restrictions on Haqqani
Top News

SC lifts travel restrictions on Haqqani

ISLAMABAD: The Supreme Court of Pakistan on Monday lifted travel restrictions imposed on a former ambassador to US Husai
Published 30 Jan, 2012 09:27am
SC lifts travel restrictions on Haqqani
Top News

SC lifts travel restrictions on Haqqani

ISLAMABAD: The Supreme Court of Pakistan on Monday lifted travel restrictions imposed on former ambassador to US Husain
Published 30 Jan, 2012 09:27am
SC lifts travel restrictions on Haqqani
Top News

SC lifts travel restrictions on Haqqani

ISLAMABAD : In an effort to ease tension between the civilian government and the miilitary, the Supreme Court of Pakista
Published 30 Jan, 2012 09:27am
SC lifts travel restrictions on Haqqani
Top News

SC lifts travel restrictions on Haqqani

ISLAMABAD: The Supreme Court of Pakistan on Monday lifted travel restrictions imposed on former ambassador to US Husain
Published 30 Jan, 2012 09:27am
SC lifts travel restrictions on Haqqani
Top News

SC lifts travel restrictions on Haqqani

ISLAMABAD: The Supreme Court of Pakistan on Monday lifted travel restrictions imposed on former ambassador to US Husain
Published 30 Jan, 2012 09:27am
SC lifts travel restrictions on Haqqani
Top News

SC lifts travel restrictions on Haqqani

ISLAMABAD : The Supreme Court of Pakistan on Monday lifted travel restrictions imposed on former ambassador to US Husain
Published 30 Jan, 2012 09:27am
Rouble down from 2012 high
Financial

Rouble down from 2012 high

MOSCOW : The Russian rouble slipped from its 2012 highs in early trade on Monday as conversion by exporters of foreign c
Published 30 Jan, 2012 09:22am
Ukraine GDP grows 5.2pc in 2011
Top News

Ukraine GDP grows 5.2pc in 2011

KIEV: Ukraine economic growth accelerated to 5.2 percent in 2011 from 4.2 percent in 2010, the State Statistics Service
Published 30 Jan, 2012 09:09am
Italy business morale falls
Top News

Italy business morale falls

ROME: Italian business morale was weaker than expected in January, falling to its lowest level since November 2009 on a
Published 30 Jan, 2012 09:00am
RECORDER REPORT: KSE mid day update
Top News

RECORDER REPORT: KSE mid day update

KARACHI: On Monday, until 12:30 P.M., KSE-100 Index displayed a downward trend and was at a value of 11,869.99 with a n
Published 30 Jan, 2012 07:53am
ABB to buy Thomas & Betts for $3.9bn
Top News

ABB to buy Thomas & Betts for $3.9bn

ZURICH: Swiss engineering group ABB said on Monday it had agreed to buy US electrical components maker Thomas & Betts fo
Published 30 Jan, 2012 06:57am
Tokyo stocks end down 0.54pc
Financial

Tokyo stocks end down 0.54pc

TOKYO: Tokyo stocks fell 0.54 percent on Monday with buying discouraged by a strong yen and caution ahead of a European
Published 30 Jan, 2012 06:21am
RECORDER REPORT: KSE morning update
Top News

RECORDER REPORT: KSE morning update

KARACHI : After positive opening on Monday investors opted for profit taking. The KSE-100 index declined by 18 points
Published 30 Jan, 2012 05:22am
To act on forex as appropriate: Noda
Top News

To act on forex as appropriate: Noda

TOKYO : Japanese Prime Minister Yoshihiko Noda said on Monday the government is closely watching the foreign exchange ma
Published 30 Jan, 2012 03:30am
Citi chairman plans to step down
Top News

Citi chairman plans to step down

WASHINGTON: Citigroup chairman Richard Parsons, who helped steer the bank through the aftermath of the 2008 financial cr
Published 30 Jan, 2012 03:26am
Europe to legislate on deficits
Top News

Europe to legislate on deficits

BRUSSELS: European leaders bid to close a chapter in the debt crisis Monday with a pact on balanced budgets, but the eur
Published 30 Jan, 2012 03:15am
A tough 2011 for LOTPTA
BR Research

A tough 2011 for LOTPTA

For LOTPTA, 2011 saw the end of the glory days witnessed in 2010. While the year started off phenomenally, with the first quarter recording
Published 30 Jan, 2012 12:00am
Fertiliser round-up 2011
BR Research

Fertiliser round-up 2011

Much is said about Pakistans agriculture sector and the farmers ever improving economy, but it has to be said that the pressures they faced
Published 30 Jan, 2012 12:00am
SBP first quarterly report

SBP first quarterly report

According to SBP first quarterly report, government borrowing from the banking system up to end-November 2011 was Rs 736.8 billion, against Rs 336.1 billion in the corresponding period last year.
Published 30 Jan, 2012 12:00am
Time for change has come: Javed Hashmi

Time for change has come: Javed Hashmi

Senior leader of the Pakistan Tehreek-e-Insaaf, Makhdoom Javed Hashmi has said that PTI is striving for positive and revolutionary changes in the country, and the time for change has come.
Published 30 Jan, 2012 12:00am
Inter results on January 31

Inter results on January 31

Board of Intermediate and Secondary Education (BISE) will announce results of Intermediate Supplementary Examinations 2011, here on January 31. The result will be announced at 10:00am and can also be downloaded from the board's web-site: www.bisefsd.edu.p
Published 30 Jan, 2012 12:00am
PNAFA to open sub-office at UAF

PNAFA to open sub-office at UAF

Pakistan National Association of Fulbright Alumni is opening its sub-office at University of Agriculture, Faisalabad for providing platform to the alumni to discuss related issues and strengthen ties.
Published 30 Jan, 2012 12:00am
7th Inter Schools Mathematics Olympiad held

7th Inter Schools Mathematics Olympiad held

Over 3000 students participated in the 7th Inter Schools Mathematics Olympiad 2012 held at PakTurk International School Campus on Sunday. The mega event was arranged in collaboration with Federal Directorate of Education, Ministry of Education and Governm
Published 30 Jan, 2012 12:00am
'Government striving to overcome power crisis'

'Government striving to overcome power crisis'

Deputy Speaker Punjab Assembly, Rana Mashood Ahmed Khan has stated that Punjab Government is working on overcoming shortage of electricity on emergent basis. Speaking at a function of educational training of teachers of universities held under the auspice
Published 30 Jan, 2012 12:00am
GCU students secure distinction at declamation contest

GCU students secure distinction at declamation contest

The Government College University Lahore Debating Society has won the All Pakistan Bilingual Declamation Contest organised by the Fast University Lahore. As many as 35 prestigious educational institutions from all over the country took part in the competi
Published 30 Jan, 2012 12:00am
Justice Azmat's lecture

Justice Azmat's lecture

Chief Justice of Lahore High Court Sheikh Azmat Saeed will deliver inaugural address at Pearl Continental Hotel here on Monday (today). In a weeklong "Judges mediators skills training" course offered by International Finance Corporation (IFC), 30 judges o
Published 30 Jan, 2012 12:00am
Girl commits suicide

Girl commits suicide

A 22-year-old Hindu girl committed suicide on Sunday in the Hub area of Lasbella district. According to police, the victim, identified as Sonia, consumed poison inside her house. She was shifted to Ghulam Qaidir Hospital where she was pronounced dead.
Published 30 Jan, 2012 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (January 23 to January 27 2012).

Published 30 Jan, 2012 12:00am
The Weather

The Weather

The weather report on Sunday (January 29, 2012) and the forecast for Monday (January 30, 2012).

Published 30 Jan, 2012 12:00am
Risks emanating from external sector

Risks emanating from external sector

The economy has performed better to date and is expected to continue this trend in FY12 as compared to last year. Nonetheless, the sustainability of the recovery remains under question. This is the gist of SBP's first quarterly report released here on Sat
Published 30 Jan, 2012 12:00am
Risks emanating from external sector

Risks emanating from external sector

The economy has performed better to date and is expected to continue this trend in FY12 as compared to last year. Nonetheless, the sustainability of the recovery remains under question. This is the gist of SBP's first quarterly report released here on Sat
Published 30 Jan, 2012 12:00am
Risks emanating from external sector

Risks emanating from external sector

The economy has performed better to date and is expected to continue this trend in FY12 as compared to last year. Nonetheless, the sustainability of the recovery remains under question. This is the gist of SBP''s first quarterly report released here on Sa
Published 30 Jan, 2012 12:00am
'July-November FY12 reveals external account's vulnerability'

'July-November FY12 reveals external account's vulnerability'

Pakistan's external account is under extreme pressure and the State Bank of Pakistan in its first quarterly report FY12 has testified that the deterioration in current and financial accounts poses a stiff challenge to the remainder of this fiscal year. Th
Published 30 Jan, 2012 12:00am
'July-November FY12 reveals external account's vulnerability'

'July-November FY12 reveals external account's vulnerability'

Pakistan's external account is under extreme pressure and the State Bank of Pakistan in its first quarterly report FY12 has testified that the deterioration in current and financial accounts poses a stiff challenge to the remainder of this fiscal year. Th
Published 30 Jan, 2012 12:00am
''July-November FY12 reveals external account''s vulnerability''

''July-November FY12 reveals external account''s vulnerability''

Pakistan''s external account is under extreme pressure and the State Bank of Pakistan in its first quarterly report FY12 has testified that the deterioration in current and financial accounts poses a stiff challenge to the remainder of this fiscal year. T
Published 30 Jan, 2012 12:00am
Cement prices 'inexplicably high', says SBP

Cement prices 'inexplicably high', says SBP

"Cement prices remain inexplicably high," notes SBP, in its State of Pakistan's Economy report released here on Saturday. Expressing concerns over an increase of 17.3 percent in cement prices during July-November FY12 over the same period last year, SBP h
Published 30 Jan, 2012 12:00am
Cement prices 'inexplicably high', says SBP

Cement prices 'inexplicably high', says SBP

"Cement prices remain inexplicably high," notes SBP, in its State of Pakistan's Economy report released here on Saturday. Expressing concerns over an increase of 17.3 percent in cement prices during July-November FY12 over the same period last year, SBP h
Published 30 Jan, 2012 12:00am
Cement prices ''inexplicably high'', says SBP

Cement prices ''inexplicably high'', says SBP

"Cement prices remain inexplicably high," notes SBP, in its State of Pakistan''s Economy report released here on Saturday. Expressing concerns over an increase of 17.3 percent in cement prices during July-November FY12 over the same period last year, SBP
Published 30 Jan, 2012 12:00am
Pakistan second biggest importer of used clothing

Pakistan second biggest importer of used clothing

Growth in the imports of used clothing to the country averaged a whopping 21.1 percent in the 2006-10 period, compared to CAGR of 10.9 percent in 2003-06 period; contends State Bank of Pakistan, in the "The State of Pakistan's Economy" report for the firs
Published 30 Jan, 2012 12:00am
Pakistan second biggest importer of used clothing

Pakistan second biggest importer of used clothing

Growth in the imports of used clothing to the country averaged a whopping 21.1 percent in the 2006-10 period, compared to CAGR of 10.9 percent in 2003-06 period; contends State Bank of Pakistan, in the "The State of Pakistan's Economy" report for the firs
Published 30 Jan, 2012 12:00am
Pakistan second biggest importer of used clothing

Pakistan second biggest importer of used clothing

Growth in the imports of used clothing to the country averaged a whopping 21.1 percent in the 2006-10 period, compared to CAGR of 10.9 percent in 2003-06 period; contends State Bank of Pakistan, in the "The State of Pakistan''s Economy" report for the fir
Published 30 Jan, 2012 12:00am
Pakistan and Afghanistan seek Taliban talks in Saudi Arabia

Pakistan and Afghanistan seek Taliban talks in Saudi Arabia

The Afghan and Pakistani governments are seeking peace talks with the Taliban in Saudi Arabia separate from US-brokered talks with the insurgents in Qatar, officials said Sunday. The Taliban, ousted from power by a US-led invasion in the wake of the 9/11
Published 30 Jan, 2012 12:00am
Pakistan and Afghanistan seek Taliban talks in Saudi Arabia

Pakistan and Afghanistan seek Taliban talks in Saudi Arabia

The Afghan and Pakistani governments are seeking peace talks with the Taliban in Saudi Arabia separate from US-brokered talks with the insurgents in Qatar, officials said Sunday. The Taliban, ousted from power by a US-led invasion in the wake of the 9/11
Published 30 Jan, 2012 12:00am
US working hard to improve ties: Pentagon

US working hard to improve ties: Pentagon

United States Defence Secretary Leon Panetta and his colleagues in the US government have been working hard to improve US-Pakistan relations, since the Bin Laden operation. This was stated in a clarification issued by US Department of Defence on recent co
Published 30 Jan, 2012 12:00am
US working hard to improve ties: Pentagon

US working hard to improve ties: Pentagon

United States Defence Secretary Leon Panetta and his colleagues in the US government have been working hard to improve US-Pakistan relations, since the Bin Laden operation. This was stated in a clarification issued by US Department of Defence on recent co
Published 30 Jan, 2012 12:00am
THE RUPEE: bears dominate

THE RUPEE: bears dominate

The rupee drifted lower against the dollar and euro on the currency market during the week, ended on January 28, 2012. In the interbank dealings, the rupee shed five paisa against the dollar for buying at 90.22 and it also slipped by six paisa for selling
Published 30 Jan, 2012 12:00am
THE RUPEE: bears dominate

THE RUPEE: bears dominate

The rupee drifted lower against the dollar and euro on the currency market during the week, ended on January 28, 2012. In the interbank dealings, the rupee shed five paisa against the dollar for buying at 90.22 and it also slipped by six paisa for selling
Published 30 Jan, 2012 12:00am
Iran says to stop some oil sales, inspectors' visit

Iran says to stop some oil sales, inspectors' visit

Iran sent conflicting signals in a dispute with the West over its nuclear ambitions on Sunday, vowing to stop oil exports soon to "some" countries but postponing a parliamentary debate on a proposed halt to such sales to the European Union.
Published 30 Jan, 2012 12:00am
Iran says to stop some oil sales, inspectors' visit

Iran says to stop some oil sales, inspectors' visit

Iran sent conflicting signals in a dispute with the West over its nuclear ambitions on Sunday, vowing to stop oil exports soon to "some" countries but postponing a parliamentary debate on a proposed halt to such sales to the European Union.
Published 30 Jan, 2012 12:00am
Iran says to stop some oil sales, inspectors'' visit

Iran says to stop some oil sales, inspectors'' visit

Iran sent conflicting signals in a dispute with the West over its nuclear ambitions on Sunday, vowing to stop oil exports soon to "some" countries but postponing a parliamentary debate on a proposed halt to such sales to the European Union.
Published 30 Jan, 2012 12:00am
IP gas pipeline work to be started in one go

IP gas pipeline work to be started in one go

Despite US pressure, the worsening energy crisis has compelled Pakistan to start work on multi-billion dollars Iran-Pakistan (IP) gas pipeline project in one go, instead of three segments, it is learnt.
Published 30 Jan, 2012 12:00am
IP gas pipeline work to be started in one go

IP gas pipeline work to be started in one go

Despite US pressure, the worsening energy crisis has compelled Pakistan to start work on multi-billion dollars Iran-Pakistan (IP) gas pipeline project in one go, instead of three segments, it is learnt.
Published 30 Jan, 2012 12:00am
IP gas pipeline work to be started in one go

IP gas pipeline work to be started in one go

Despite US pressure, the worsening energy crisis has compelled Pakistan to start work on multi-billion dollars Iran-Pakistan (IP) gas pipeline project in one go, instead of three segments, it is learnt.
Published 30 Jan, 2012 12:00am
Pakistan Steel violates PPRA rules

Pakistan Steel violates PPRA rules

The award of consulting contract to VO Tyazhpromexport of Russia is not only in violation of Public Procurement Rules 2004 but would also lead to awarding of $ 350 million contract to the same company.
Published 30 Jan, 2012 12:00am
Pakistan Steel violates PPRA rules

Pakistan Steel violates PPRA rules

The award of consulting contract to VO Tyazhpromexport of Russia is not only in violation of Public Procurement Rules 2004 but would also lead to awarding of $ 350 million contract to the same company.
Published 30 Jan, 2012 12:00am
Pakistan Steel violates PPRA rules

Pakistan Steel violates PPRA rules

The award of consulting contract to VO Tyazhpromexport of Russia is not only in violation of Public Procurement Rules 2004 but would also lead to awarding of $ 350 million contract to the same company.
Published 30 Jan, 2012 12:00am
Index up 185.54 points

Index up 185.54 points

The KSE-100 index increased by 185.54 points during the outgoing week and closed at 11,960.22 points level with substantially increased trading activities. "The most-awaited desire of the capital market stakeholders came true after country's Finance Minis
Published 30 Jan, 2012 12:00am
Index up 185.54 points

Index up 185.54 points

The KSE-100 index increased by 185.54 points during the outgoing week and closed at 11,960.22 points level with substantially increased trading activities. "The most-awaited desire of the capital market stakeholders came true after country's Finance Minis
Published 30 Jan, 2012 12:00am
Index up 185.54 points

Index up 185.54 points

The KSE-100 index increased by 185.54 points during the outgoing week and closed at 11,960.22 points level with substantially increased trading activities. "The most-awaited desire of the capital market stakeholders came true after country''s Finance Mini
Published 30 Jan, 2012 12:00am
Futures open interest up 46 percent

Futures open interest up 46 percent

Total open interest position at the futures counter during the week increased by Rs 613 million, up 46 percent on week-on-week basis due to rollover to stand at Rs 1.95 billion. The futures spreads also increased by 12.48pps on week-on-week basis to 41.67
Published 30 Jan, 2012 12:00am
Futures open interest up 46 percent

Futures open interest up 46 percent

Total open interest position at the futures counter during the week increased by Rs 613 million, up 46 percent on week-on-week basis due to rollover to stand at Rs 1.95 billion. The futures spreads also increased by 12.48pps on week-on-week basis to 41.67
Published 30 Jan, 2012 12:00am
Futures open interest up 46 percent

Futures open interest up 46 percent

Total open interest position at the futures counter during the week increased by Rs 613 million, up 46 percent on week-on-week basis due to rollover to stand at Rs 1.95 billion. The futures spreads also increased by 12.48pps on week-on-week basis to 41.67
Published 30 Jan, 2012 12:00am
TCP retires banks' Rs 62 billion of commodity financing

TCP retires banks' Rs 62 billion of commodity financing

The Trading Corporation of Pakistan (TCP) has retired over Rs 62 billion, to commercial banks, on account of commodity financing, as subsidies issue has been settled by the federal government. The State Bank of Pakistan's statistics showed that strong ret
Published 30 Jan, 2012 12:00am
TCP retires banks' Rs 62 billion of commodity financing

TCP retires banks' Rs 62 billion of commodity financing

The Trading Corporation of Pakistan (TCP) has retired over Rs 62 billion, to commercial banks, on account of commodity financing, as subsidies issue has been settled by the federal government. The State Bank of Pakistan's statistics showed that strong ret
Published 30 Jan, 2012 12:00am
TCP retires banks'' Rs 62 billion of commodity financing

TCP retires banks'' Rs 62 billion of commodity financing

The Trading Corporation of Pakistan (TCP) has retired over Rs 62 billion, to commercial banks, on account of commodity financing, as subsidies issue has been settled by the federal government. The State Bank of Pakistan''s statistics showed that strong re
Published 30 Jan, 2012 12:00am
POL prices: statement beyond minister's mandate: Prime Minister

POL prices: statement beyond minister's mandate: Prime Minister

Prime Minister Syed Yousuf Raza Gilani has said that the statement of Minister of Petroleum about increase in petroleum prices was beyond his mandate, as the matter does not fall under the purview of his Ministry. The right to make any change in the oil p
Published 30 Jan, 2012 12:00am
POL prices: statement beyond minister's mandate: Prime Minister

POL prices: statement beyond minister's mandate: Prime Minister

Prime Minister Syed Yousuf Raza Gilani has said that the statement of Minister of Petroleum about increase in petroleum prices was beyond his mandate, as the matter does not fall under the purview of his Ministry. The right to make any change in the oil p
Published 30 Jan, 2012 12:00am
POL prices: statement beyond minister''s mandate: Prime Minister

POL prices: statement beyond minister''s mandate: Prime Minister

Prime Minister Syed Yousuf Raza Gilani has said that the statement of Minister of Petroleum about increase in petroleum prices was beyond his mandate, as the matter does not fall under the purview of his Ministry. The right to make any change in the oil p
Published 30 Jan, 2012 12:00am
Greece rejects German proposal for EU budget veto

Greece rejects German proposal for EU budget veto

The finance minister of debt-stricken Greece on Sunday rejected a proposal from Germany for the EU to take control over its tax and spend decisions, citing national sovereignty. "Whoever hands people a dilemma between financial aid and national dignity is
Published 30 Jan, 2012 12:00am
Greece rejects German proposal for EU budget veto

Greece rejects German proposal for EU budget veto

The finance minister of debt-stricken Greece on Sunday rejected a proposal from Germany for the EU to take control over its tax and spend decisions, citing national sovereignty. "Whoever hands people a dilemma between financial aid and national dignity is
Published 30 Jan, 2012 12:00am
Greece rejects German proposal for EU budget veto

Greece rejects German proposal for EU budget veto

The finance minister of debt-stricken Greece on Sunday rejected a proposal from Germany for the EU to take control over its tax and spend decisions, citing national sovereignty. "Whoever hands people a dilemma between financial aid and national dignity is
Published 30 Jan, 2012 12:00am
Why is it necessary to protect Greece and delay default?

Why is it necessary to protect Greece and delay default?

The panic caused by a financial market unrest in Greece may temporarily subside as the Greece government's representatives and private creditors are inching towards an agreement to cut debt. It is now widely considered a done deal unless the final outcome
Published 30 Jan, 2012 12:00am
Why is it necessary to protect Greece and delay default?

Why is it necessary to protect Greece and delay default?

The panic caused by a financial market unrest in Greece may temporarily subside as the Greece government's representatives and private creditors are inching towards an agreement to cut debt. It is now widely considered a done deal unless the final outcome
Published 30 Jan, 2012 12:00am
Why is it necessary to protect Greece and delay default?

Why is it necessary to protect Greece and delay default?

The panic caused by a financial market unrest in Greece may temporarily subside as the Greece government''s representatives and private creditors are inching towards an agreement to cut debt. It is now widely considered a done deal unless the final outcom
Published 30 Jan, 2012 12:00am
Critics of capitalism call global protest in June

Critics of capitalism call global protest in June

Thousands of critics of capitalism meeting in Brazil called Sunday for a world-wide protest in June to press for concrete steps to tackle the global economic crisis. The World Social Forum wrapped up a five-day meeting in this southern Brazilian city, urg
Published 30 Jan, 2012 12:00am
India won't cut Iranian oil imports

India won't cut Iranian oil imports

India, the world's fourth-largest oil consumer, will not take steps to cut petroleum imports from Iran despite US and European sanctions against Tehran, its finance minister said on Sunday during a visit to Chicago. The United States wants buyers in Asia,
Published 30 Jan, 2012 12:00am
At least 66 killed across Syria

At least 66 killed across Syria

At least 66 people, including 26 civilians, were killed in violence across Syria on Sunday, the Syrian Observatory for Human Rights said. The London-based rights group said 26 soldiers, five other members of the security forces, nine army deserters were a
Published 30 Jan, 2012 12:00am
At least 66 killed across Syria

At least 66 killed across Syria

At least 66 people, including 26 civilians, were killed in violence across Syria on Sunday, the Syrian Observatory for Human Rights said. The London-based rights group said 26 soldiers, five other members of the security forces, nine army deserters were a
Published 30 Jan, 2012 12:00am
Israel plans overland Asia-Europe train route

Israel plans overland Asia-Europe train route

Israel's government on Sunday began examining a plan for a rail link between its Mediterranean and Red Sea coasts, offering a new route for Europe-Asia trade that could compete with the Suez Canal. Prime Minister Benjamin Netanyahu said a passenger line t
Published 30 Jan, 2012 12:00am
Israel plans overland Asia-Europe train route

Israel plans overland Asia-Europe train route

Israel's government on Sunday began examining a plan for a rail link between its Mediterranean and Red Sea coasts, offering a new route for Europe-Asia trade that could compete with the Suez Canal. Prime Minister Benjamin Netanyahu said a passenger line t
Published 30 Jan, 2012 12:00am
Jordan's king meets Hamas chief after 12-year rupture

Jordan's king meets Hamas chief after 12-year rupture

Hamas chief Khaled Meshaal on Sunday made his first official visit to Jordan since the kingdom expelled him more than a decade ago and held talks with King Abdullah. Meshaal was accompanied by Qatar's Crown Prince Sheikh Tamim bin Hamad al-Thani. The visi
Published 30 Jan, 2012 12:00am
Jordan's king meets Hamas chief after 12-year rupture

Jordan's king meets Hamas chief after 12-year rupture

Hamas chief Khaled Meshaal on Sunday made his first official visit to Jordan since the kingdom expelled him more than a decade ago and held talks with King Abdullah. Meshaal was accompanied by Qatar's Crown Prince Sheikh Tamim bin Hamad al-Thani. The visi
Published 30 Jan, 2012 12:00am
Irsa increases water outflows from dams

Irsa increases water outflows from dams

The Indus River System Authority (IRSA) has increased water outflows from the Tarbela dam on river Indus and Mangla dam on river Jhelum to irrigate winter crops and augment hydel power generation for bridging the wide gap between demand and supply.
Published 30 Jan, 2012 12:00am
Irsa increases water outflows from dams

Irsa increases water outflows from dams

The Indus River System Authority (IRSA) has increased water outflows from the Tarbela dam on river Indus and Mangla dam on river Jhelum to irrigate winter crops and augment hydel power generation for bridging the wide gap between demand and supply.
Published 30 Jan, 2012 12:00am
Irsa increases water outflows from dams

Irsa increases water outflows from dams

The Indus River System Authority (IRSA) has increased water outflows from the Tarbela dam on river Indus and Mangla dam on river Jhelum to irrigate winter crops and augment hydel power generation for bridging the wide gap between demand and supply.
Published 30 Jan, 2012 12:00am
Police open fire at Bangladesh protesters, three die

Police open fire at Bangladesh protesters, three die

Police fired guns and used batons on crowds of stone-throwing opposition activists in several Bangladesh towns Sunday, killing at least three people and injuring more than 100, a news report and doctors at two hospitals said.
Published 30 Jan, 2012 12:00am
Police open fire at Bangladesh protesters, three die

Police open fire at Bangladesh protesters, three die

Police fired guns and used batons on crowds of stone-throwing opposition activists in several Bangladesh towns Sunday, killing at least three people and injuring more than 100, a news report and doctors at two hospitals said.
Published 30 Jan, 2012 12:00am
TCP likely to procure cotton at Rs 6500/mound

TCP likely to procure cotton at Rs 6500/mound

The government is likely to approve the rate of cotton, at which the Trading Corporation of Pakistan (TCP) would purchase one million cotton bales, in the upcoming meeting of the Economic Co-ordination Committee (ECC). Well-placed sources told Business
Published 30 Jan, 2012 12:00am
TCP likely to procure cotton at Rs 6500/mound

TCP likely to procure cotton at Rs 6500/mound

The government is likely to approve the rate of cotton, at which the Trading Corporation of Pakistan (TCP) would purchase one million cotton bales, in the upcoming meeting of the Economic Co-ordination Committee (ECC). Well-placed sources told Business
Published 30 Jan, 2012 12:00am
TCP likely to procure cotton at Rs 6500/mound

TCP likely to procure cotton at Rs 6500/mound

The government is likely to approve the rate of cotton, at which the Trading Corporation of Pakistan (TCP) would purchase one million cotton bales, in the upcoming meeting of the Economic Co-ordination Committee (ECC). Well-placed sources told Business
Published 30 Jan, 2012 12:00am
Bangladesh signs coal power plant deal with India

Bangladesh signs coal power plant deal with India

Bangladesh has signed a deal with an Indian state-run company to build a $1.5-billion coal-fired power plant to help ease a severe shortage. The plant is expected to open in 2016 and produce daily 1,320 megawatts of electricity.
Published 30 Jan, 2012 12:00am
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