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Archive - 2012-02-12
Indian Commerce Minister due on Monday
Top News

Indian Commerce Minister due on Monday

ISLAMABAD: Indian Commerce Minister Anand Sharma along with a trade delegation will arrive here on Monday. Talking to A
Published 12 Feb, 2012 02:48pm
India beats Australia in ODI
Cricket

India beats Australia in ODI

ADELAIDE: Indian captain M.S. Dhoni again proved the man for the occasion as he lifted his side to an extraordinary win
Published 12 Feb, 2012 01:00pm
South Koreans released in Egypt
Africa

South Koreans released in Egypt

SEOUL: Three South Koreans released by armed Bedouin in Egypt's Sinai Peninsula after a day-long seizure said they were
Published 12 Feb, 2012 09:09am
Greek promises not enough: Schaeuble
Top News

Greek promises not enough: Schaeuble

BERLIN: Greek promises on austerity measures are no longer good enough because so many vows have been broken and the cou
Published 12 Feb, 2012 08:07am
Brazilian police end strike
World

Brazilian police end strike

SAO PAULO: Police in Brazil's Bahia state voted on Saturday to end a strike that unleashed a crime wave claiming more th
Published 12 Feb, 2012 06:08am
SBP asks govt to reduce borrowing
Top News

SBP asks govt to reduce borrowing

RECORDER REPORT KARACHI: The State Bank of Pakistan on Saturday asked government to reduce its borrowing to reduce th
Published 12 Feb, 2012 05:30am
Risks to external position mount
Top News

Risks to external position mount

RECORDER REPORT KARACHI: The State Bank of Pakistan on Saturday said that risks to external position have increased d
Published 12 Feb, 2012 04:28am
Mexico picks first female chief of federal police

Mexico picks first female chief of federal police

Mexico has for the first time appointed a woman to head the federal police, which is under pressure to bring the country's powerful drug cartels to heel. Maribel Cervantes replaced Facundo Rosas as commissioner general of the federal police, the Ministry
Published 12 Feb, 2012 12:00am
China detains Korean ship over Yangtze chemical leak

China detains Korean ship over Yangtze chemical leak

A Chinese maritime court on Saturday ordered the detention of a South Korean cargo ship over a chemical leak that polluted the Yangtze River, contaminating drinking water in parts of Jiangsu province, the official Xinhua news agency reported. The country'
Published 12 Feb, 2012 12:00am
Syrian forces shell Homs, Russia to oppose UN resolution

Syrian forces shell Homs, Russia to oppose UN resolution

Syrian forces bombarded districts of Homs city on Saturday in a campaign to crush a revolt against President Bashar al-Assad, whose ally Russia said it would not support an Arab peace plan circulating at the United Nations. Activists said seven people wer
Published 12 Feb, 2012 12:00am
Iranians slam US, Israel on revolution anniversary

Iranians slam US, Israel on revolution anniversary

Iranians, some holding placards declaring "Death to America" and "Death to Israel", on Saturday marked the anniversary of their country's 1979 Islamic revolution with mass marches and a speech by President Mahmoud Ahmadinejad. Tens of thousands of demonst
Published 12 Feb, 2012 12:00am
Turkish Prime Minister has surgery, in good health

Turkish Prime Minister has surgery, in good health

Turkish Prime Minister Tayyip Erdogan underwent a successful medical procedure on his digestive system and was in good health, his office said on Saturday. The planned 30-minute procedure was the second and final phase to keyhole surgery performed on Erdo
Published 12 Feb, 2012 12:00am
Russia moves to halt US adoptions

Russia moves to halt US adoptions

Russia signalled on Saturday it could soon slap a moratorium on US adoptions of local children despite the signing of an agreement on the issue last year, the latest hickup in tense relations. The foreign ministry said in an angry statement that US courts
Published 12 Feb, 2012 12:00am
Bahraini police fire teargas at protesters

Bahraini police fire teargas at protesters

Bahraini police fired teargas and stun grenades to stop mainly Shia protesters trying to march towards the roundabout at the centre of a failed pro-democracy uprising last year and detained two American rights activists who came to monitor.
Published 12 Feb, 2012 12:00am
Snow blocks in tens of thousands as cold death toll rises

Snow blocks in tens of thousands as cold death toll rises

Snow drifts reaching up to rooftops kept tens of thousands of villagers prisoners in their own homes Saturday as the death toll from Europe's big freeze rose past 550. More heavy snow fell on the Balkans and in Italy, while the Danube river, already close
Published 12 Feb, 2012 12:00am
S&P suffers year's biggest loss as Greek deal falters

S&P suffers year's biggest loss as Greek deal falters

The S&P 500 posted its biggest daily percentage decline thus far in 2012 on Friday after an about-face on Greece's long-awaited debt deal ended a five-week streak of gains for equities. All but one of the 30 Dow components ended lower while all 10 S&P sec
Published 12 Feb, 2012 12:00am
US bonds rally on worries over Greece bailout

US bonds rally on worries over Greece bailout

US government debt prices jumped on Friday as fear Greece might not avoid a messy default brought the safe-haven bid for US debt back into vogue. Demands for steeper fiscal cuts from Greece's creditors rekindled fear that Greece would not be able to grow
Published 12 Feb, 2012 12:00am
US bonds rally on worries over Greece bailout

US bonds rally on worries over Greece bailout

US government debt prices jumped on Friday as fear Greece might not avoid a messy default brought the safe-haven bid for US debt back into vogue. Demands for steeper fiscal cuts from Greece's creditors rekindled fear that Greece would not be able to grow
Published 12 Feb, 2012 12:00am
Latam stocks fall on faltering Greek bailout

Latam stocks fall on faltering Greek bailout

Latin American stocks posted their biggest drop of the year on Friday after progress on a bailout of Greece stalled, spurring fears of a messy default while Brazil's state-controlled oil company Petrobras posted weak earnings. The MSCI Latin American stoc
Published 12 Feb, 2012 12:00am
India's MCX to launch $125 million IPO

India's MCX to launch $125 million IPO

Multi Commodity Exchange (MCX), India's biggest commodity exchange by turnover, plans to launch an initial public offering of shares on February 21 to raise up to $125 million, two sources with direct knowledge of the matter said on Friday. India's first
Published 12 Feb, 2012 12:00am
JGB futures erase losses

JGB futures erase losses

Japanese government bond futures erased early losses on Friday as relief over Greece's debt deal turned to wariness about whether it can be implemented, while speculation about more easing ahead by the Federal Reserve and the Bank of Japan also lent suppo
Published 12 Feb, 2012 12:00am
JGB futures erase losses

JGB futures erase losses

Japanese government bond futures erased early losses on Friday as relief over Greece's debt deal turned to wariness about whether it can be implemented, while speculation about more easing ahead by the Federal Reserve and the Bank of Japan also lent suppo
Published 12 Feb, 2012 12:00am
Indian corporate bond yields down

Indian corporate bond yields down

Indian corporate bond yields eased marginally on Friday, tracking federal bond yields, as weak factory output data raised prospects of an earlier-than-expected interest rate cut by the Reserve Bank of India. The five-year benchmark corporate bond yield an
Published 12 Feb, 2012 12:00am
Indian corporate bond yields down

Indian corporate bond yields down

Indian corporate bond yields eased marginally on Friday, tracking federal bond yields, as weak factory output data raised prospects of an earlier-than-expected interest rate cut by the Reserve Bank of India. The five-year benchmark corporate bond yield an
Published 12 Feb, 2012 12:00am
TSX slides as Greek woes hit commodities

TSX slides as Greek woes hit commodities

Canada's main stock index sank to a two-week low on Friday and notched its first weekly drop in eight weeks as doubts grew that Greece's debt bailout deal would win final European approval. The jitters sparked a drop in commodity prices and global equity
Published 12 Feb, 2012 12:00am
Strong first-day gains for market entrants

Strong first-day gains for market entrants

GSE Holding Inc and Synacor Inc attracted investors' interest on their first day of trading, rising as much as 33 percent and 27 percent respectively, after the two companies were forced to slash the pricing of their offerings. Some of the companies that
Published 12 Feb, 2012 12:00am
ADRs tumble on Greece fears, Petrobras weighs

ADRs tumble on Greece fears, Petrobras weighs

US-listed shares of overseas companies tumbled on Friday as yet another setback with Greece accepting a debt deal pressured banks while oil giant Petrobras tumbled on weak results. A deal for Greece, which would have secured a bailout for the country and
Published 12 Feb, 2012 12:00am
ADRs tumble on Greece fears, Petrobras weighs

ADRs tumble on Greece fears, Petrobras weighs

US-listed shares of overseas companies tumbled on Friday as yet another setback with Greece accepting a debt deal pressured banks while oil giant Petrobras tumbled on weak results. A deal for Greece, which would have secured a bailout for the country and
Published 12 Feb, 2012 12:00am
Turkish lira, shares dip

Turkish lira, shares dip

The Turkish lira fell around 1 percent on Friday as investors sold on profit taking after a five-week rally while shares fell to their lowest level since early February after Akbank, one of the biggest Turkish lenders, posted lower-than-expected net profi
Published 12 Feb, 2012 12:00am
Pakistan to launch more spin at England

Pakistan to launch more spin at England

Pakistan will once more depend on spin to maintain their dominance over England when the teams meet in a four-match One-day series starting here from Monday. Misbah-ul Haq's men blanked England 3-0 in the Tests series with off-spinner Saeed Ajmal finishin
Published 12 Feb, 2012 12:00am
Federer crashes to shock Davis defeat

Federer crashes to shock Davis defeat

Roger Federer slumped to his first Davis Cup defeat in nine years on Friday when he was shocked 4-6, 6-3, 7-6 (7/4), 6-2 by John Isner as the United States opened up a 2-0 lead over Switzerland. World number three Federer, playing a World Group first roun
Published 12 Feb, 2012 12:00am
Lahore Tigers win in first veteran cricket

Lahore Tigers win in first veteran cricket

Lahore Tigers beat Textile Tigers by 7 wickets in the first Lahore Veteran Cricket Champion Trophy at Ittefaq Cricket Ground. Textile Tigers batting first scored 186/6 in 30 overs. Former Test cricketer Ashraf Ali hit unbeaten 77 runs. Muhammad Nadeem (43
Published 12 Feb, 2012 12:00am
Bartoli reaches first Paris Open final

Bartoli reaches first Paris Open final

France's Marion Bartoli reached the WTA Paris Open final for the first time in her career by beating Czech Klara Zakopalova 7-6 (7/3), 6-0 at Stade Pierre de Coubertin on Saturday. It is the first time in five attempts that 27-year-old Bartoli, the second
Published 12 Feb, 2012 12:00am
New Zealand win

New Zealand win

Martin Guptill's continued domination of the Zimbabwe bowling steered New Zealand to a seven-wicket win with 19 balls to spare in the opening Twenty20 match at Eden Park Saturday. Guptill's imperious 91 not out off 54 deliveries was the backbone of New Ze
Published 12 Feb, 2012 12:00am
Rooney sends United top after Suarez snubs Evra

Rooney sends United top after Suarez snubs Evra

Wayne Rooney fired Manchester United to the top of the Premier League on Saturday after they beat Liverpool 2-1 in a match marred by Luis Suarez's refusal to shake Patrice Evra's hand before the kickoff. There were few first-half chances as the spotlight
Published 12 Feb, 2012 12:00am
CEE currencies extend losses

CEE currencies extend losses

Central European currencies extended losses on Friday as fears that Greece may face a chaotic debt default reignited concerns about Eastern Europe's exposure to the euro zone debt crisis. Hungarian government bonds continued to ease after weaker-than-expe
Published 12 Feb, 2012 12:00am
Speculators cut US dollar bets

Speculators cut US dollar bets

Currency speculators cut their bets in favour of the US dollar in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position fell to $10.63 billion in the week ended Feb
Published 12 Feb, 2012 12:00am
Canadian dollar weakens

Canadian dollar weakens

The Canadian dollar slumped on Friday against its US counterpart after a bailout deal for Greece met with fresh opposition, but the currency's slide was tempered by data that showed Canada's trade surplus unexpectedly rose to a three-year high in December
Published 12 Feb, 2012 12:00am
Euro slides as market awaits word on Greek bailout deal

Euro slides as market awaits word on Greek bailout deal

The euro fell on Friday as Greece's far-right party leader refused to back a bailout agreement, raising concerns, once again, that Greece could face a disorderly default on its debt. The trajectory of the euro over the next week will hinge on news about G
Published 12 Feb, 2012 12:00am
Latam currencies weaken sharply

Latam currencies weaken sharply

Latin American currencies weakened sharply on Friday as efforts to secure a Greek bailout faltered and Brazil's real and Mexico's peso headed to their first weekly loss this year. Dimming hopes for a speedy solution in Greece, and what some analyst see as
Published 12 Feb, 2012 12:00am
Sri Lankan central bank to allow more flexibility in rupee

Sri Lankan central bank to allow more flexibility in rupee

Sri Lanka's central bank said on Thursday it was shifting the focus of its foreign exchange policy to allow the market to determine the currency's rate, removing a point of friction with international lenders and relieving pressure on its fast dwindling r
Published 12 Feb, 2012 12:00am
African currencies outlook

African currencies outlook

Foreign demand for high-yielding debt in Kenya and Uganda is likely to underpin their respective currencies next week, while Nigeria's naira should benefit from hefty dollar sales in the past two days by oil companies.
Published 12 Feb, 2012 12:00am
Emerging markets and high-yield remain strong: EPFR

Emerging markets and high-yield remain strong: EPFR

Investors poured nearly $17 billion into funds targeting emerging market securities and high-yield bonds in the latest week on optimism that Greece's leaders would agree to new bailout terms, data from EPFR Global showed on Friday. Emerging market equity
Published 12 Feb, 2012 12:00am
Greek cabinet approves debt deal after Prime Minister warns of 'chaos'

Greek cabinet approves debt deal after Prime Minister warns of 'chaos'

Greece's cabinet Saturday approved tough austerity measures demanded by EU and IMF creditors after the prime minister warned that a failed debt deal and default would spark "uncontrolled chaos". The coalition government, hit by defections on Friday, appro
Published 12 Feb, 2012 12:00am
Protestors mass in Athens

Protestors mass in Athens

Thousands of protestors massed in Greece under heavy police watch Saturday after the government approved unpopular austerity cuts to get vital rescue funds and avoid the "chaos" of a default. More than 3,500 people streamed to Syntagma Square in Athens on
Published 12 Feb, 2012 12:00am
Spain's labour reform will deepen recession

Spain's labour reform will deepen recession

Trade unions on Saturday slammed Spain's new labour reform, arguing it would encourage companies to cut jobs and potentially deepen a recession but shying away from calling a general strike. A key change in the law announced on Friday allows employers to
Published 12 Feb, 2012 12:00am
General Motors wins environmental nod for $1.1 billion China plant

General Motors wins environmental nod for $1.1 billion China plant

General Motors Co's China venture has won approval from a local environmental authority to build a $1.1 billion plant in central Hubei province, following the imposition of tighter control over foreign investment in the automaking sector.
Published 12 Feb, 2012 12:00am
EADS eyes cost savings

EADS eyes cost savings

EADS Chief Executive Louis Gallois aims to make savings of 350 million euros ($462 million) this year from unifying functions such as personnel and procurement, he has told a German weekly. "Across the group we now have the same procedures in human resour
Published 12 Feb, 2012 12:00am
Top US hedge funds eye investors in Brazil

Top US hedge funds eye investors in Brazil

Two of North America's premier hedge funds are heading south early next month for a little wining and dining, and maybe more. Paulson & Co and SAC Capital Advisors, long sought out by wealthy clients in the exclusive $2 trillion hedge fund industry, are b
Published 12 Feb, 2012 12:00am
Top US hedge funds eye investors in Brazil

Top US hedge funds eye investors in Brazil

Two of North America's premier hedge funds are heading south early next month for a little wining and dining, and maybe more. Paulson & Co and SAC Capital Advisors, long sought out by wealthy clients in the exclusive $2 trillion hedge fund industry, are b
Published 12 Feb, 2012 12:00am
China's bank lending down 28 percent from year ago

China's bank lending down 28 percent from year ago

Chinese bank lending fell 28 percent in January from a year earlier, official data showed, suggesting Beijing is reluctant to open the credit valves too quickly for fear of reigniting inflation. State-owned lenders issued 738.1 billion yuan ($117.26 billi
Published 12 Feb, 2012 12:00am
South Africa launches Mandela bank notes

South Africa launches Mandela bank notes

South Africa launched a new line of bank notes Saturday bearing the image of its first democratically elected president, Nelson Mandela, on the 22nd anniversary of his release from prison. "It is my honour and pleasure to announce that new South African b
Published 12 Feb, 2012 12:00am
US approves trade probes on some imports from South Korea, China

US approves trade probes on some imports from South Korea, China

A US trade panel on Friday approved investigations that could lead to steep import duties on more than $1 billion of washing machines from South Korea and Mexico and more than $150 million of wind energy towers from China and Vietnam. The US International
Published 12 Feb, 2012 12:00am
Obama urges Congress to extend payroll tax cut

Obama urges Congress to extend payroll tax cut

US President Barack Obama urged Congress Saturday to quickly pass an extension of the payroll tax cut to prevent a tax increase on 160 million Americans. "Now is not the time for self-inflicted wounds to our recovery," Obama said in his weekly radio and I
Published 12 Feb, 2012 12:00am
MF Global trustee sees $1.6 billion claims gap

MF Global trustee sees $1.6 billion claims gap

The shortfall in funds available to pay back customers of MF Global's collapsed brokerage is at least $1.6 billion and could be more, the trustee liquidating the brokerage said on Friday. Until now, trustee James Giddens had estimated a shortfall of about
Published 12 Feb, 2012 12:00am
MF Global trustee sees $1.6 billion claims gap

MF Global trustee sees $1.6 billion claims gap

The shortfall in funds available to pay back customers of MF Global's collapsed brokerage is at least $1.6 billion and could be more, the trustee liquidating the brokerage said on Friday. Until now, trustee James Giddens had estimated a shortfall of about
Published 12 Feb, 2012 12:00am
Swiss bank Wegelin declared fugitive

Swiss bank Wegelin declared fugitive

Wegelin & Co, the oldest Swiss private bank, was declared a fugitive after failing to show up in a US court to answer a criminal charge that it conspired to help wealthy Americans evade taxes. At a hearing in Manhattan federal court, US District Judge Jed
Published 12 Feb, 2012 12:00am
Canada wants 'mutual respect' from China on trade

Canada wants 'mutual respect' from China on trade

Some Canadian resource firms are being treated unfairly in China and Beijing must deal with the problem if it wants a proper trading relationship with energy-rich Canada, a top official told Reuters on Saturday. China is keen to one day import Canadian cr
Published 12 Feb, 2012 12:00am
Wheat rates lower on grain market

Wheat rates lower on grain market

Falling trend was seen on the wholesale grain market on Saturday in process of subdued trading, dealers said. On the cereal side wheat old and new Bardan lost Rs 40 to Rs 2650 and Rs 2665, other commodity items retained the overnight levels, they added.
Published 12 Feb, 2012 12:00am
US Midwest corn, soya bids mostly steady

US Midwest corn, soya bids mostly steady

Corn and soyabean spot basis bids held mostly steady around the US Midwest on Friday as slow farmer sales were offset by dull demand from processors, elevators, ethanol plants and river terminals, dealers said. Country sales of each crop slowed to a halt
Published 12 Feb, 2012 12:00am
Canadian canola futures firm

Canadian canola futures firm

ICE Canadian canola futures finished firm on Friday with soybeans, and registered their fourth straight weekly gain. Nearby March notched weekly rise of 1.9 percent. In last six sessions, has risen five times and ended unchanged once. March canola gained
Published 12 Feb, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 101,835 tonnes of cargo comprising 70,158 tonnes of import cargo and 31,677 tonnes of export cargo including 4,363 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 70,158 to
Published 12 Feb, 2012 12:00am
Philippines wants rice tender to finish by mid-March

Philippines wants rice tender to finish by mid-March

The Philippines wants to finish a planned tender for a total of 500,000 tonnes of rice by the middle of March at the latest to ensure its buffer supply is ready before the lean harvest season starts, Agriculture Secretary Proceso Alcala said on Friday. St
Published 12 Feb, 2012 12:00am
Frost hits grain crops in parts of east Europe

Frost hits grain crops in parts of east Europe

Freezing temperatures coupled with a lack of snow cover in some parts of eastern Europe have badly damaged winter sowings and will lower 2012 grain crops, farmers and meteorologists said. A cold snap in early February, when temperatures plunged to minus 3
Published 12 Feb, 2012 12:00am
Egypt buys 55,000 tonnes of US wheat

Egypt buys 55,000 tonnes of US wheat

Egypt, the world's largest wheat importer, has bought 55,000 tonnes of US soft red winter wheat for April 1-10 shipment on a free on board basis, the main government wheat buyer said on Saturday. Nomani, vice chairman of the General Authority for Supply C
Published 12 Feb, 2012 12:00am
Cold spell kills grain crops in east, south Ukraine

Cold spell kills grain crops in east, south Ukraine

A fierce cold spell has killed most of the winter barley and winter rapeseed crops and seriously damaged wheat in Ukraine's eastern and southern regions, while threatening winter crops and slowing exports in Russia. "We have written them off," Tetyana Ada
Published 12 Feb, 2012 12:00am
Malaysia, Indonesia seek to buy Australian wheat

Malaysia, Indonesia seek to buy Australian wheat

Flour millers from Indonesia and Malaysia are negotiating deals to buy some 200,000 tonnes of high-protein Australian milling wheat for April shipment, while Vietnamese buyers are in market for March arrival corn. Asian millers have stepped up purchases o
Published 12 Feb, 2012 12:00am
Prices remain range-bound amid slowdown on cotton market

Prices remain range-bound amid slowdown on cotton market

Steady trend was seen on the cotton market on Saturday as daily-intake was slackened by the mills and spinners on hope of fall in the rates, dealers said. The official spot rate was unchanged at Rs 5,700, they said. Prices of seedcotton in Sindh were at R
Published 12 Feb, 2012 12:00am
Oil cake market rates

Oil cake market rates

Both the futures were unchanged on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The March vaida that had closed at 770.00 opened at the same rate. The May vaida followed the same pattern it had closed at Rs 698.10
Published 12 Feb, 2012 12:00am
Ivory Coast reform disrupts Europe's cocoa market

Ivory Coast reform disrupts Europe's cocoa market

Talks between government and industry over the details of Ivory Coast's cocoa reform disrupted trade on Europe's cash cocoa market to some extent this week, as the world's top producer neared the end of its main crop, dealers said on Friday. "There are st
Published 12 Feb, 2012 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
THE RUPEE: dollar stays put

THE RUPEE: dollar stays put

Steady trend was again witnessed on the currency market on Saturday amid the announcement by the State Bank of Pakistan (SBP) to keep the policy rate unchanged at 12 percent, dealers said.
Published 12 Feb, 2012 12:00am
THE RUPEE: dollar stays put

THE RUPEE: dollar stays put

Steady trend was again witnessed on the currency market on Saturday amid the announcement by the State Bank of Pakistan (SBP) to keep the policy rate unchanged at 12 percent, dealers said.
Published 12 Feb, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (February 11, 2012) and for Sunday (February 12, 2012).
Published 12 Feb, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (February 11, 2012).

Published 12 Feb, 2012 12:00am
The Weather

The Weather

The weather report on Saturday (February 11, 2012) and the forecast for Sunday (February 12, 2012).

Published 12 Feb, 2012 12:00am
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (January 03 to 31, 2012)

Published 12 Feb, 2012 12:00am
Zardari to nominate new Prime Minister if Gilani is convicted

Zardari to nominate new Prime Minister if Gilani is convicted

President Asif Ali Zardari will nominate a new Prime Minister from within the Pakistan People's Party (PPP) if Prime Minister Syed Yousuf Raza Gilani is convicted by the Supreme Court and consequently disqualified from the membership of National Assembly,
Published 12 Feb, 2012 12:00am
Zardari to nominate new Prime Minister if Gilani is convicted

Zardari to nominate new Prime Minister if Gilani is convicted

President Asif Ali Zardari will nominate a new Prime Minister from within the Pakistan People's Party (PPP) if Prime Minister Syed Yousuf Raza Gilani is convicted by the Supreme Court and consequently disqualified from the membership of National Assembly,
Published 12 Feb, 2012 12:00am
SBP keeps policy rate flat at 12 percent

SBP keeps policy rate flat at 12 percent

Sensing no abatement of economic pressures, the State Bank of Pakistan has decided to maintain monetary stance by keeping its policy rate unchanged at 12 percent. Governor State Bank of Pakistan Yaseen Anwar made the policy statement after deliberations w
Published 12 Feb, 2012 12:00am
SBP keeps policy rate flat at 12 percent

SBP keeps policy rate flat at 12 percent

Sensing no abatement of economic pressures, the State Bank of Pakistan has decided to maintain monetary stance by keeping its policy rate unchanged at 12 percent. Governor State Bank of Pakistan Yaseen Anwar made the policy statement after deliberations w
Published 12 Feb, 2012 12:00am
SBP keeps policy rate flat at 12 percent

SBP keeps policy rate flat at 12 percent

Sensing no abatement of economic pressures, the State Bank of Pakistan has decided to maintain monetary stance by keeping its policy rate unchanged at 12 percent. Governor State Bank of Pakistan Yaseen Anwar made the policy statement after deliberations w
Published 12 Feb, 2012 12:00am
SBP keeps policy rate flat at 12 percent

SBP keeps policy rate flat at 12 percent

Sensing no abatement of economic pressures, the State Bank of Pakistan has decided to maintain monetary stance by keeping its policy rate unchanged at 12 percent. Governor State Bank of Pakistan Yaseen Anwar made the policy statement after deliberations w
Published 12 Feb, 2012 12:00am
Senate elections: Hafeez dropped from final list of candidates

Senate elections: Hafeez dropped from final list of candidates

Pakistan People's Party (PPP) has reportedly not included the name of Dr Abdul Hafeez Sheikh, Adviser to Prime Minister on Finance, in the final list of candidates for the upcoming Senate elections, it is learnt. The list that had been finalised by a comm
Published 12 Feb, 2012 12:00am
Senate elections: Hafeez dropped from final list of candidates

Senate elections: Hafeez dropped from final list of candidates

Pakistan People's Party (PPP) has reportedly not included the name of Dr Abdul Hafeez Sheikh, Adviser to Prime Minister on Finance, in the final list of candidates for the upcoming Senate elections, it is learnt. The list that had been finalised by a comm
Published 12 Feb, 2012 12:00am
Risks to external position mount

Risks to external position mount

The State Bank of Pakistan on Saturday said that risks to external position have increased due to a larger than expected external current account deficit and continued decline of financial inflows. According to Monetary Policy Statement, external current
Published 12 Feb, 2012 12:00am
Risks to external position mount

Risks to external position mount

The State Bank of Pakistan on Saturday said that risks to external position have increased due to a larger than expected external current account deficit and continued decline of financial inflows. According to Monetary Policy Statement, external current
Published 12 Feb, 2012 12:00am
Risks to external position mount

Risks to external position mount

The State Bank of Pakistan on Saturday said that risks to external position have increased due to a larger than expected external current account deficit and continued decline of financial inflows. According to Monetary Policy Statement, external current
Published 12 Feb, 2012 12:00am
Risks to external position mount

Risks to external position mount

The State Bank of Pakistan on Saturday said that risks to external position have increased due to a larger than expected external current account deficit and continued decline of financial inflows. According to Monetary Policy Statement, external current
Published 12 Feb, 2012 12:00am
SBP asks government to reduce borrowing

SBP asks government to reduce borrowing

The State Bank of Pakistan on Saturday asked government to reduce its borrowing to reduce the rising inflation. According to SBP's Monetary Policy Statement decline in year-on-year CPI inflation to 10.1 percent in January 2012 is a positive development.
Published 12 Feb, 2012 12:00am
SBP asks government to reduce borrowing

SBP asks government to reduce borrowing

The State Bank of Pakistan on Saturday asked government to reduce its borrowing to reduce the rising inflation. According to SBP's Monetary Policy Statement decline in year-on-year CPI inflation to 10.1 percent in January 2012 is a positive development.
Published 12 Feb, 2012 12:00am
SBP asks government to reduce borrowing

SBP asks government to reduce borrowing

The State Bank of Pakistan on Saturday asked government to reduce its borrowing to reduce the rising inflation. According to SBP''s Monetary Policy Statement decline in year-on-year CPI inflation to 10.1 percent in January 2012 is a positive development.
Published 12 Feb, 2012 12:00am
SBP asks government to reduce borrowing

SBP asks government to reduce borrowing

The State Bank of Pakistan on Saturday asked government to reduce its borrowing to reduce the rising inflation. According to SBP''''s Monetary Policy Statement decline in year-on-year CPI inflation to 10.1 percent in January 2012 is a positive development
Published 12 Feb, 2012 12:00am
'Demand for credit by private sector may remain weak'

'Demand for credit by private sector may remain weak'

The demand for credit by the private sector could remain weak despite cut in key interest rate followed by the infrastructural bottlenecks, poor law and order situation and uncertainty on the political front.
Published 12 Feb, 2012 12:00am
'Demand for credit by private sector may remain weak'

'Demand for credit by private sector may remain weak'

The demand for credit by the private sector could remain weak despite cut in key interest rate followed by the infrastructural bottlenecks, poor law and order situation and uncertainty on the political front.
Published 12 Feb, 2012 12:00am
''Demand for credit by private sector may remain weak''

''Demand for credit by private sector may remain weak''

The demand for credit by the private sector could remain weak despite cut in key interest rate followed by the infrastructural bottlenecks, poor law and order situation and uncertainty on the political front.
Published 12 Feb, 2012 12:00am
''''Demand for credit by private sector may remain weak''''

''''Demand for credit by private sector may remain weak''''

The demand for credit by the private sector could remain weak despite cut in key interest rate followed by the infrastructural bottlenecks, poor law and order situation and uncertainty on the political front.
Published 12 Feb, 2012 12:00am
Iran to announce nuclear progress: Ahmadinejad

Iran to announce nuclear progress: Ahmadinejad

Iranian President Mahmoud Ahmadinejad said on Saturday that the Islamic Republic, targeted by tougher Western sanctions, would soon announce advances in its nuclear programme. He was speaking on the 33rd anniversary of the Islamic revolution that toppled
Published 12 Feb, 2012 12:00am
Iran to announce nuclear progress: Ahmadinejad

Iran to announce nuclear progress: Ahmadinejad

Iranian President Mahmoud Ahmadinejad said on Saturday that the Islamic Republic, targeted by tougher Western sanctions, would soon announce advances in its nuclear programme. He was speaking on the 33rd anniversary of the Islamic revolution that toppled
Published 12 Feb, 2012 12:00am
Wajid Rana new Secretary Finance

Wajid Rana new Secretary Finance

The Secretary, Economic Affairs Division, Wajid Rana has been appointed Secretary Finance in place of Dr Waqar Masood Khan, who has been transferred to Economic Affairs Division as Secretary in place of the former.
Published 12 Feb, 2012 12:00am
Wajid Rana new Secretary Finance

Wajid Rana new Secretary Finance

The Secretary, Economic Affairs Division, Wajid Rana has been appointed Secretary Finance in place of Dr Waqar Masood Khan, who has been transferred to Economic Affairs Division as Secretary in place of the former.
Published 12 Feb, 2012 12:00am
Prices of essential items register unprecedented increase

Prices of essential items register unprecedented increase

The prices of all daily use items have registered an unprecedented increase after successive increase in the prices of petroleum products and natural gas, revealed a survey conducted by Business Recorder here on Saturday.
Published 12 Feb, 2012 12:00am
Prices of essential items register unprecedented increase

Prices of essential items register unprecedented increase

The prices of all daily use items have registered an unprecedented increase after successive increase in the prices of petroleum products and natural gas, revealed a survey conducted by Business Recorder here on Saturday.
Published 12 Feb, 2012 12:00am
Prices of essential items register unprecedented increase

Prices of essential items register unprecedented increase

The prices of all daily use items have registered an unprecedented increase after successive increase in the prices of petroleum products and natural gas, revealed a survey conducted by Business Recorder here on Saturday.
Published 12 Feb, 2012 12:00am
Anonymous briefly knocks CIA website offline

Anonymous briefly knocks CIA website offline

The website of the Central Intelligence Agency was briefly inaccessible on Friday after the hacker group Anonymous claimed to have knocked it offline. "CIA Tango down," a member of Anonymous said on @YourAnonNews, a Twitter feed used by the group. "Tango
Published 12 Feb, 2012 12:00am
Libya wants Qadhafi's son extradited

Libya wants Qadhafi's son extradited

Libya urged Niger on Saturday to extradite Muammar Qadhafi's son Saadi, saying his call for Libyans to prepare for a "coming uprising" threatened bilateral ties. In response, Niger pledged to tighten house surveillance of Saadi, who fled south to the West
Published 12 Feb, 2012 12:00am
Army tries five officers over extremist ties

Army tries five officers over extremist ties

The Pakistani army has started court martial proceedings against five officers over suspected ties to a banned extremist group that has called for ousting the US-backed government, security officials said Saturday. Brig. Ali Khan and four other officers w
Published 12 Feb, 2012 12:00am
Army tries five officers over extremist ties

Army tries five officers over extremist ties

The Pakistani army has started court martial proceedings against five officers over suspected ties to a banned extremist group that has called for ousting the US-backed government, security officials said Saturday. Brig. Ali Khan and four other officers w
Published 12 Feb, 2012 12:00am
LPG price down by Rs 3 per kg

LPG price down by Rs 3 per kg

Marketing companies have reduced prices of liquefied petroleum gas (LPG) by Rs 2.5 to Rs 3 per kilogram to Rs 128 to pick up dwindling sales in the country. Chairman of FPCCI Standing Committee on LPG and All Pakistan LPG Distributors Association (APLDA)
Published 12 Feb, 2012 12:00am
LPG price down by Rs 3 per kg

LPG price down by Rs 3 per kg

Marketing companies have reduced prices of liquefied petroleum gas (LPG) by Rs 2.5 to Rs 3 per kilogram to Rs 128 to pick up dwindling sales in the country. Chairman of FPCCI Standing Committee on LPG and All Pakistan LPG Distributors Association (APLDA)
Published 12 Feb, 2012 12:00am
LPG price down by Rs 3 per kg

LPG price down by Rs 3 per kg

Marketing companies have reduced prices of liquefied petroleum gas (LPG) by Rs 2.5 to Rs 3 per kilogram to Rs 128 to pick up dwindling sales in the country. Chairman of FPCCI Standing Committee on LPG and All Pakistan LPG Distributors Association (APLDA)
Published 12 Feb, 2012 12:00am
Europeans protest controversial Internet pact

Europeans protest controversial Internet pact

Tens of thousands of people marched in protests in more than a dozen European cities Saturday against a controversial anti-online piracy pact that critics say could curtail Internet freedom. Some 41,000 people rallied in Germany, including 16,000 in Munic
Published 12 Feb, 2012 12:00am
Europeans protest controversial Internet pact

Europeans protest controversial Internet pact

Tens of thousands of people marched in protests in more than a dozen European cities Saturday against a controversial anti-online piracy pact that critics say could curtail Internet freedom. Some 41,000 people rallied in Germany, including 16,000 in Munic
Published 12 Feb, 2012 12:00am
Europeans protest controversial Internet pact

Europeans protest controversial Internet pact

Tens of thousands of people marched in protests in more than a dozen European cities Saturday against a controversial anti-online piracy pact that critics say could curtail Internet freedom. Some 41,000 people rallied in Germany, including 16,000 in Munic
Published 12 Feb, 2012 12:00am
Hamas 'will never recognise Israel': Haniya

Hamas 'will never recognise Israel': Haniya

Hamas "will never recognise Israel," its Gaza prime minister said Saturday in a speech in Iran that is likely to complicate Palestinian efforts to form a unity government in the teeth of opposition from the Jewish state.
Published 12 Feb, 2012 12:00am
Hamas 'will never recognise Israel': Haniya

Hamas 'will never recognise Israel': Haniya

Hamas "will never recognise Israel," its Gaza prime minister said Saturday in a speech in Iran that is likely to complicate Palestinian efforts to form a unity government in the teeth of opposition from the Jewish state.
Published 12 Feb, 2012 12:00am
Taliban claim custody of kidnapped foreigners

Taliban claim custody of kidnapped foreigners

Two Western aid workers kidnapped in Pakistan in January are being held by Taliban near the border with Afghanistan, a senior militant commander told Reuters on Saturday. Gunmen stormed a house in Multan in southern Punjab province on January 19 and drove
Published 12 Feb, 2012 12:00am
Taliban claim custody of kidnapped foreigners

Taliban claim custody of kidnapped foreigners

Two Western aid workers kidnapped in Pakistan in January are being held by Taliban near the border with Afghanistan, a senior militant commander told Reuters on Saturday. Gunmen stormed a house in Multan in southern Punjab province on January 19 and drove
Published 12 Feb, 2012 12:00am
DGI&I IR issuing 'red alerts' to combat dubious refunds

DGI&I IR issuing 'red alerts' to combat dubious refunds

Directorate General Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue has started issuing 'red alerts' during the Pre-Refund Analysis (PRA) of refund claims filed by registered persons of Karachi and other cities where informatio
Published 12 Feb, 2012 12:00am
DGI&I IR issuing 'red alerts' to combat dubious refunds

DGI&I IR issuing 'red alerts' to combat dubious refunds

Directorate General Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue has started issuing 'red alerts' during the Pre-Refund Analysis (PRA) of refund claims filed by registered persons of Karachi and other cities where informatio
Published 12 Feb, 2012 12:00am
DGI&I IR issuing ''red alerts'' to combat dubious refunds

DGI&I IR issuing ''red alerts'' to combat dubious refunds

Directorate General Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue has started issuing ''red alerts'' during the Pre-Refund Analysis (PRA) of refund claims filed by registered persons of Karachi and other cities where informat
Published 12 Feb, 2012 12:00am
Thousands rally against nuclear power in Japan

Thousands rally against nuclear power in Japan

Thousands demonstrated in Tokyo on Saturday against nuclear power generation, 11 months after a massive earthquake and tsunami sparked reactor meltdowns at the Fukushima nuclear power plant. Kenzaburo Oe, the 1994 Nobel prize winner for literature, told a
Published 12 Feb, 2012 12:00am
Thousands rally against nuclear power in Japan

Thousands rally against nuclear power in Japan

Thousands demonstrated in Tokyo on Saturday against nuclear power generation, 11 months after a massive earthquake and tsunami sparked reactor meltdowns at the Fukushima nuclear power plant. Kenzaburo Oe, the 1994 Nobel prize winner for literature, told a
Published 12 Feb, 2012 12:00am
Indian Commerce Minister due tomorrow

Indian Commerce Minister due tomorrow

Indian Minister for Commerce, Industry and Textile, Anand Sharma, along with a 100-member large contingent of businessmen, will cross Wagha border on February 13 for a three-day visit. The Indian Commerce Minister, for the first time in last three decades
Published 12 Feb, 2012 12:00am
Indian Commerce Minister due tomorrow

Indian Commerce Minister due tomorrow

Indian Minister for Commerce, Industry and Textile, Anand Sharma, along with a 100-member large contingent of businessmen, will cross Wagha border on February 13 for a three-day visit. The Indian Commerce Minister, for the first time in last three decades
Published 12 Feb, 2012 12:00am
Indian Commerce Minister due tomorrow

Indian Commerce Minister due tomorrow

Indian Minister for Commerce, Industry and Textile, Anand Sharma, along with a 100-member large contingent of businessmen, will cross Wagha border on February 13 for a three-day visit. The Indian Commerce Minister, for the first time in last three decades
Published 12 Feb, 2012 12:00am
Protests erupt as youth killed in IHK

Protests erupt as youth killed in IHK

Protesters blocked a main highway in the restive Indian Occupied Kashmir on Saturday after a young man was shot dead in what military officials described as an "accidental" shooting. The killing occurred in the Baramulla district of the scenic Kashmir val
Published 12 Feb, 2012 12:00am
Protests erupt as youth killed in IHK

Protests erupt as youth killed in IHK

Protesters blocked a main highway in the restive Indian Occupied Kashmir on Saturday after a young man was shot dead in what military officials described as an "accidental" shooting. The killing occurred in the Baramulla district of the scenic Kashmir val
Published 12 Feb, 2012 12:00am
Thar Coalfield: Block IV allocated to China's Three Gorges Corporation

Thar Coalfield: Block IV allocated to China's Three Gorges Corporation

On the recommendations of the Evaluation Committee Sindh Coal and Energy department, Thar Coal and Energy Board (TCEB) has approved the allocation of Block IV of Thar Coalfield to China's Three Gorges Corporation which will develop open pit mine of 20 mil
Published 12 Feb, 2012 12:00am
Thar Coalfield: Block IV allocated to China's Three Gorges Corporation

Thar Coalfield: Block IV allocated to China's Three Gorges Corporation

On the recommendations of the Evaluation Committee Sindh Coal and Energy department, Thar Coal and Energy Board (TCEB) has approved the allocation of Block IV of Thar Coalfield to China's Three Gorges Corporation which will develop open pit mine of 20 mil
Published 12 Feb, 2012 12:00am
Thar Coalfield: Block IV allocated to China''s Three Gorges Corporation

Thar Coalfield: Block IV allocated to China''s Three Gorges Corporation

On the recommendations of the Evaluation Committee Sindh Coal and Energy department, Thar Coal and Energy Board (TCEB) has approved the allocation of Block IV of Thar Coalfield to China''s Three Gorges Corporation which will develop open pit mine of 20 mi
Published 12 Feb, 2012 12:00am
Hand grenade hurled at MQM camp

Hand grenade hurled at MQM camp

Tension prevailed in several parts of the Mominabad as unidentified armed men hurled hand grenade at the camp of Muttahida Qaumi Movement (MQM) on Saturday. According to DSP Tariq Malik, the MQM workers who were sitting in the camp set up as part of membe
Published 12 Feb, 2012 12:00am
LUMS conducts third national moot court competition

LUMS conducts third national moot court competition

Pakistan currently faces significant challenges - strive for establishing the rule of law standing out as the quintessential one. At this important juncture, LUMS strives to provide an avenue for invoking uninhibited thought, dialogue and debate - the kin
Published 12 Feb, 2012 12:00am
US to help Pakistan boost its agriculture: Munter

US to help Pakistan boost its agriculture: Munter

United States Ambassador to Pakistan Cameron Munter said the US would extend every possible help to Pakistan for improving its agriculture sector. Speaking at exhibition here Saturday on Agriculture, US envoy said that a strong Pakistan was in the greates
Published 12 Feb, 2012 12:00am
Two gunned down in Karachi

Two gunned down in Karachi

Two persons were killed in separate acts of violence in various parts of the city, on Saturday. According to police, a watchman was shot dead at Gulistan-e-Jauhar in the limits of Sharah Faisal police station. The incident took place at Bismah Garden in B
Published 12 Feb, 2012 12:00am
PML (LM) elects new office-bearers

PML (LM) elects new office-bearers

Pakistan Muslim League (Like-Minded) on Saturday elected new office bearers in a party convention, amid calls for holding early general election in the country. The party elected Arbab Ghulam Rahim unopposed president, Hamid Nasir Chattha chairman, Humayu
Published 12 Feb, 2012 12:00am
Prime Minister vows to continue reconciliation policy of Benazir

Prime Minister vows to continue reconciliation policy of Benazir

Prime Minister Syed Yousuf Raza Gilani Saturday appreciated the contribution, sacrifices and dedication of the workers of Pakistan People's Party (PPP) who never compromised and remained loyal to the party. Addressing a public meeting here after inaugurat
Published 12 Feb, 2012 12:00am
PTCL shares its success with employees: CEO

PTCL shares its success with employees: CEO

President & CEO of Pakistan Telecommunication Company Limited, Walid Irshad has said that the company is committed to share its successes with all its employees as well as their families. "At PTCL, we want to make sure that our company's dividends and suc
Published 12 Feb, 2012 12:00am
Obama's love of drones

Obama's love of drones

By owning up to the drone strikes inside Pakistan's territory President Barack Obama has said the obvious; howsoever, cleverly articulated the American position that the issue being an "intelligence matter", there is no comment and the people of Pakistan
Published 12 Feb, 2012 12:00am
Crime and poverty

Crime and poverty

That there is a link between poverty and crime is a well-known fact, which has now been confirmed by the Human Rights Ministry in a survey report for 2011 presented to the Parliament. Attributing a significant jump in human rights violations to poverty an
Published 12 Feb, 2012 12:00am
MPS: Executive Summary

MPS: Executive Summary

  1. The basic challenge faced by Pakistan's economy is financing its fiscal and external current account deficits. The size of these deficits may not be considered large given the current state of falling private sector investment demand in the economy. A
Published 12 Feb, 2012 12:00am
MPS: Executive Summary

MPS: Executive Summary

  1. The basic challenge faced by Pakistan's economy is financing its fiscal and external current account deficits. The size of these deficits may not be considered large given the current state of falling private sector investment demand in the economy. A
Published 12 Feb, 2012 12:00am
Wedding at PAF military bases, Karachi

Wedding at PAF military bases, Karachi

Kindly refer to the letter of Muhammad Asif Iqbal that appeared in your newspaper on January 22, 2012 which is correct. The present situation of our country is very alarming. Hence wedding functions at military areas should not be considered because these
Published 12 Feb, 2012 12:00am
Five out of eight incubators at JPMC not functioning

Five out of eight incubators at JPMC not functioning

Poor patients have to face mental distort when they failed to find incubator urgently needed to save lives for their premature and underweight babies at nursery of Gynaecology Ward of Jinnah Postgraduate Medical Center (JPMC) as many of the incubators hav
Published 12 Feb, 2012 12:00am
PPP awards Senate tickets to ordinary workers in Sindh

PPP awards Senate tickets to ordinary workers in Sindh

There appears to be a positive shift in Pakistan Peoples Party's policy in awarding tickets for the forthcoming senate elections. Instead of obliging feudal lords and prominent figures in politics, ordinary party workers (the genuine Jiyalas) have been gi
Published 12 Feb, 2012 12:00am
Three SHC judges administered oath

Three SHC judges administered oath

Three additional judges of Sindh High Court (SHC) took oath as permanent judges of the court on Saturday. Chief Justice of SHC Justice Mushir Alam administered the oath to Justice Mohammad Tasneem, Justice Syed Hassan Azhar Rizvi and Justice Mohammad Ali
Published 12 Feb, 2012 12:00am
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