BR100 Decreased By (-0.08%)
BR30 Increased By (0.08%)
KSE100 Decreased By (-0.11%)
KSE30 Decreased By (-0.2%)
AGHA 7.53 Decreased By ▼ -0.10 (-1.31%)
BECO 5.11 Decreased By ▼ -0.46 (-8.26%)
BML 58.30 Decreased By ▼ -1.44 (-2.41%)
BOP 34.58 Increased By ▲ 0.18 (0.52%)
CNERGY 13.68 Increased By ▲ 0.57 (4.35%)
CSIL 6.30 Decreased By ▼ -0.11 (-1.72%)
FCCL 57.55 Decreased By ▼ -0.51 (-0.88%)
FFL 16.50 Increased By ▲ 0.27 (1.66%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.36 Decreased By ▼ -0.07 (-0.94%)
KOSM 5.98 Decreased By ▼ -0.05 (-0.83%)
LOTCHEM 27.51 Decreased By ▼ -0.16 (-0.58%)
MLCF 101.93 Decreased By ▼ -0.82 (-0.8%)
NBP 203.29 Decreased By ▼ -1.77 (-0.86%)
NCPL 60.47 Increased By ▲ 0.84 (1.41%)
NPL 69.80 Increased By ▲ 1.24 (1.81%)
OGDC 318.48 Decreased By ▼ -0.44 (-0.14%)
PACE 11.12 Increased By ▲ 0.07 (0.63%)
PAEL 42.86 Decreased By ▼ -0.24 (-0.56%)
PIBTL 16.72 Increased By ▲ 0.09 (0.54%)
PPL 230.62 Increased By ▲ 1.17 (0.51%)
PRL 76.73 Increased By ▲ 5.93 (8.38%)
PTC 71.18 Increased By ▲ 0.18 (0.25%)
SSGC 27.10 Decreased By ▼ -0.31 (-1.13%)
TBL 10.28 Decreased By ▼ -0.03 (-0.29%)
TELE 8.56 Increased By ▲ 0.03 (0.35%)
TPL 23.59 Increased By ▲ 0.53 (2.3%)
TPLP 15.45 Decreased By ▼ -0.31 (-1.97%)
TREET 24.51 Decreased By ▼ -0.20 (-0.81%)
TRG 60.09 Decreased By ▼ -0.20 (-0.33%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Archive - 2012-02-26
Pakistan demolishes bin Laden hideout
Top News

Pakistan demolishes bin Laden hideout

ABBOTTABAD: Security forces were on Sunday demolishing the compound in Abbottabad where Osama bin Laden was killed in US
Published 26 Feb, 2012 05:05pm
Nelson Mandela released from hospital
Top News

Nelson Mandela released from hospital

JOHANNESBURG: Former South African President Nelson Mandela was discharged from hospital on Sunday after a keyhole abdom
Published 26 Feb, 2012 01:35pm
Iran denies Greece oil shipment
Asia

Iran denies Greece oil shipment

Tehran: Iran has refused to give Greece a shipment of 500,000 barrels of crude oil in a retaliatory measure against Euro
Published 26 Feb, 2012 11:14am
Aamer back home after release
Cricket

Aamer back home after release

LAHORE : C ricketer Mohammad Aamer returned home early Sunday after his release from a British prison, an AFP reporter s
Published 26 Feb, 2012 09:12am
6.8 earthquake shakes Siberia
Top News

6.8 earthquake shakes Siberia

MOSCOW: A strong earthquake measuring 6.8 shook southwestern Siberia in Russia on Sunday but caused no casualties or ser
Published 26 Feb, 2012 05:59am
PM makes ‘no new tax’ pledge
Top News

PM makes ‘no new tax’ pledge

ZAHEER ABBASI ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani has said the government has decided not to impose any
Published 26 Feb, 2012 05:38am
Gillard: Australia's first woman PM
Top News

Gillard: Australia's first woman PM

SYDNEY: Julia Gillard, who faces a challenge to her leadership Monday, came from humble origins as a "Ten Pound Pom" to
Published 26 Feb, 2012 04:52am
Bazaarvoice makes a loud debut

Bazaarvoice makes a loud debut

Shares of social commerce company Bazaarvoice Inc surged as much as 43 percent on their market debut, as Wall Street continued to welcome cloud-based technology stocks with large first day gains. The company's stock opened at $16, 25 percent above its off
Published 26 Feb, 2012 12:00am
JGBs mostly edge higher

JGBs mostly edge higher

Japanese government bond prices edged mostly higher on Friday, particularly at the shorter end, helped by firm US Treasuries after a strong seven-year US debt auction. JGBs were undaunted by the Nikkei share average's rally to its highest close in seven m
Published 26 Feb, 2012 12:00am
JGBs mostly edge higher

JGBs mostly edge higher

Japanese government bond prices edged mostly higher on Friday, particularly at the shorter end, helped by firm US Treasuries after a strong seven-year US debt auction. JGBs were undaunted by the Nikkei share average's rally to its highest close in seven m
Published 26 Feb, 2012 12:00am
India's MCX IPO covered 54 times; more seen coming

India's MCX IPO covered 54 times; more seen coming

India's Multi Commodity Exchange's (MCX) initial public offering to raise as much as $134 million was subscribed 54 times on the last day of the issue, in a sign of revival in investor appetite for share offerings after a lacklustre 2011. India's first ma
Published 26 Feb, 2012 12:00am
Indian corporate bond yields inch up

Indian corporate bond yields inch up

Indian corporate bond yields edged higher on Friday on signs of heavy deal pipeline as the fiscal year end nears. The five-year benchmark corporate bond yield closed 1 basis points higher at 9.34 percent, and the 10-year yield also rose 1 basis point to 9
Published 26 Feb, 2012 12:00am
Indian corporate bond yields inch up

Indian corporate bond yields inch up

Indian corporate bond yields edged higher on Friday on signs of heavy deal pipeline as the fiscal year end nears. The five-year benchmark corporate bond yield closed 1 basis points higher at 9.34 percent, and the 10-year yield also rose 1 basis point to 9
Published 26 Feb, 2012 12:00am
Brazil shares notch 10-month high as Latam stocks advance

Brazil shares notch 10-month high as Latam stocks advance

Latin American stocks reached near-six-month highs as optimism over global economic growth led investors to take advantage of lower equity prices but many were wary about the week ahead. The MSCI Latin American stock index gained 0.45 percent to 4,255.21,
Published 26 Feb, 2012 12:00am
TSX notches highest weekly gain this year

TSX notches highest weekly gain this year

A three-day rally by Canadian stocks fizzled on Friday as a pullback in bullion prices knocked gold miners lower, offsetting a boost from rising oil prices and optimism over a further easing of the European debt crisis. While Toronto's main stock index en
Published 26 Feb, 2012 12:00am
Sri Lanka's stocks at three-week high

Sri Lanka's stocks at three-week high

Sri Lanka's stock market rose to a three-week high on Friday, as foreign investors bought in weakened shares for the 11th straight session, while the rupee fell on importer dollar demand. The main share index gained 1.07 percent, or 58.70 points, to close
Published 26 Feb, 2012 12:00am
As Asia private equity stalls, secondary firms march in

As Asia private equity stalls, secondary firms march in

As hundreds thronged a financial conference in Hong Kong last year to hear an executive of US private equity firm Bain Capital, Doug Coulter took a seat in a nearly empty room next door at a separate session on the secondary part of the buyout industry in
Published 26 Feb, 2012 12:00am
ADR Report: overseas shares led higher by European banks

ADR Report: overseas shares led higher by European banks

Foreign shares traded in the United States rose on Thursday as investors welcomed financial results from European banks and US data showing the labour market remained on the mend. The BNY Mellon index of leading American Depository Receipts rose 0.6 perce
Published 26 Feb, 2012 12:00am
Turkish assets down on oil, profit taking

Turkish assets down on oil, profit taking

The Turkish lira weakened against the dollar on Friday on worries about the impact on its economy of rising oil prices and an easier monetary policy outlook, while inflation fears pushed bond yields more than 15 basis points higher. A surge in oil, with B
Published 26 Feb, 2012 12:00am
Grams prices shoot up on grain market

Grams prices shoot up on grain market

Grams prices went up steeply on the wholesale grain market on Saturday amid rising fears of short supply in the coming days, dealers said.
Published 26 Feb, 2012 12:00am
Corn export premiums firm at US Gulf Coast

Corn export premiums firm at US Gulf Coast

Corn export premiums at the US Gulf Coast were steady to firm on Thursday as solid demand from traditional buyers and emerging importer China supported values, traders said. Private exporters confirmed sales of 120,000 tonnes US corn to China for shipment
Published 26 Feb, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 90,020 tonnes of cargo comprising1 62,541 tonnes of import cargo and 27,479 tonnes of export cargo including 4,131 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 62,541 to
Published 26 Feb, 2012 12:00am
China's January crude oil throughput slows over holiday

China's January crude oil throughput slows over holiday

China's crude oil throughput fell in January from the record level seen in previous month while oil product inventories surged, as demand in the world's second largest oil market slowed during the Lunar New Year. Refineries processed 36.2 million tonnes o
Published 26 Feb, 2012 12:00am
US Midwest corn and soya bids mostly steady

US Midwest corn and soya bids mostly steady

Spot basis bids for corn and soyabeans held mostly steady around the US Midwest on Thursday, with corn bids firming at a handful of interior markets, as country offerings of each commodity remained light, grain merchants said. Farmer sales were nearly non
Published 26 Feb, 2012 12:00am
Philippines can sell extra 100,000 tonnes of sugar to US

Philippines can sell extra 100,000 tonnes of sugar to US

The Philippines can sell an extra 100,000 tonnes of sugar to the United States this crop year, a government official said on Thursday, despite the possibility of a steeper-than-expected drop in 2011/12 output. The US Department of Agriculture has initiall
Published 26 Feb, 2012 12:00am
HRW wheat bids steady

HRW wheat bids steady

US Plains hard red winter wheat basis bids were steady on Friday even as mill demand became more urgent. Protein premiums for railcar wheat to and through Kansas City spiked 33 cents a bushel for 13.40- through 13.80 percent protein wheat supplies.
Published 26 Feb, 2012 12:00am
EU wheat prices up, dealers await USDA data

EU wheat prices up, dealers await USDA data

European benchmark wheat prices rose on Thursday as the market digested overnight gains in Chicago, while dealers awaited US planting estimates and the outcome of purchase tenders by Algeria and Tunisia. A small early drop for US wheat futures on Thursday
Published 26 Feb, 2012 12:00am
US wheat prices fall on rising acreage

US wheat prices fall on rising acreage

Chicago wheat prices were lower on Friday with rising plantings in the US expected to add to already abundant stocks and corn futures also fell with supply tightness beginning to ease. "The sentiment is turning more bearish on grains, given the forecasts
Published 26 Feb, 2012 12:00am
Oil cake market rates

Oil cake market rates

Mixed trend were seen on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The March vaida that had closed at 768.50 opened with 30 paisa at Rs 768.80. The May vaida which closed at Rs 687.00 commenced at the same leve
Published 26 Feb, 2012 12:00am
Spain buys 85,000 tonnes of US wheat

Spain buys 85,000 tonnes of US wheat

Spain has bought at least 85,000 tonnes of US wheat to use in animal feed, traders said on Thursday, although additional cargoes are in doubt because European and Black Sea origins can now compete after a cold snap. A European trader said 55,000 tonnes of
Published 26 Feb, 2012 12:00am
Clinton urges Tunisians to protect new freedoms

Clinton urges Tunisians to protect new freedoms

US Secretary of State Hillary Clinton urged Tunisians on Saturday to protect their newly-won freedoms and called on Islamist and secular parties to work together in the country that launched the Arab Spring. Speaking to a group of about 200 students, Clin
Published 26 Feb, 2012 12:00am
Clinton in Algeria

Clinton in Algeria

The people of north Africa's Maghreb region "need and deserve" to determine their own future, US Secretary State Hillary Clinton said in Algeria Saturday, ahead of elections there in May. Clinton was speaking during a brief visit to the country a day afte
Published 26 Feb, 2012 12:00am
Thai parliament votes to amend military-backed constitution

Thai parliament votes to amend military-backed constitution

Thailand's parliament voted Saturday to pave the way for a rewrite of the military-backed 2007 constitution. After a two-day debate, both houses voted to permit a redrafting of the charter written after the September 2006 coup toppled former prime ministe
Published 26 Feb, 2012 12:00am
Chavez undergoes cancer tests in Cuba

Chavez undergoes cancer tests in Cuba

Venezuelan President Hugo Chavez underwent medical tests Saturday in Havana, where he is scheduled for surgery to remove a lesion in the same pelvic area where a cancerous tumour was cut out in 2011. "Here we are full of faith and hope... that everything
Published 26 Feb, 2012 12:00am
US Marines near start of F-35 fighter training flights

US Marines near start of F-35 fighter training flights

Top US Marine Corps officials hailed progress on the next-generation F-35B fighter jet built by Lockheed Martin Corp and said military training flights could be approved by late March or early April.
Published 26 Feb, 2012 12:00am
Iraq pledges curbs on foreign labour

Iraq pledges curbs on foreign labour

Iraq has pledged to curb numbers of unskilled migrant labourers in a bid to cut high levels of domestic unemployment and reduce illegal immigration, Baghdad's labour minister said on Saturday. Tens of thousands of workers from around the world are toiling
Published 26 Feb, 2012 12:00am
In Michigan, Santorum feels heat from within

In Michigan, Santorum feels heat from within

After a week in which Rick Santorum's presidential campaign often seemed focused on issues like pre-natal testing, abortion and religion, the message from the Republican Party's establishment was becoming clear on Friday: We've had enough.
Published 26 Feb, 2012 12:00am
North Korea vows 'sacred war' against South, US

North Korea vows 'sacred war' against South, US

North Korea threatened on Saturday to wage a "sacred war" in response to joint military exercises planned by its arch-rival South Korea and the United States, saying it was determined to keep Washington from imposing its political will on it.
Published 26 Feb, 2012 12:00am
Indian police search Italian ship for guns

Indian police search Italian ship for guns

Indian police searched an Italian vessel on Saturday to recover guns used by two Italian soldiers accused of killing two Indian fishermen off the country's southern coast. The soldiers who were deployed on the Italian-flagged oil tanker Enrika Lexie as se
Published 26 Feb, 2012 12:00am
Anti-Putin march draws thousands in his home city

Anti-Putin march draws thousands in his home city

Russian protest leader Alexei Navalny led thousands through the streets of Vladimir Putin's native city Saturday demonstrating against his likely return to the Kremlin in March 4 polls. The demonstration was called a day before thousands more plan to link
Published 26 Feb, 2012 12:00am
Diplomacy hinges on judicial cooperation: Libyan leader

Diplomacy hinges on judicial cooperation: Libyan leader

Libyan leader Mustafa Abdel Jalil on Saturday threatened to review diplomatic relations with neighbouring states sheltering former regime figures and "wanted criminals." "We stress that our relationship with neighbouring countries will be based on what po
Published 26 Feb, 2012 12:00am
British police bail pair in computer hacking probe

British police bail pair in computer hacking probe

British police released on bail Saturday two men arrested in a computer hacking probe running alongside the inquiry into phone hacking at Rupert Murdoch's British newspaper stable. On Friday officers arrested a 50-year-old man at his home in Hertfordshire
Published 26 Feb, 2012 12:00am
Time to update global services trade rules

Time to update global services trade rules

Global trade rules for finance, telecommunications and other service sectors have failed to keep pace with changes in technology and are "modest and flimsy" compared with trade rules for manufactured goods, said a report released on Friday.
Published 26 Feb, 2012 12:00am
Brazil to slap quality control on China goods

Brazil to slap quality control on China goods

Brazil plans to impose strict quality control on imports from China and other Asian nations to prevent the influx of cheap goods, the daily O Globo reported Saturday. It said the border controls would ensure that imports from Asia, particularly China, mee
Published 26 Feb, 2012 12:00am
UBS hires former Bear Stearns CFO

UBS hires former Bear Stearns CFO

Swiss bank UBS has hired former Bear Stearns financial chief Samuel Molinaro as chief operating officer of its investment bank division, effective March 1, according to an internal memorandum viewed on Friday by Reuters.
Published 26 Feb, 2012 12:00am
ECB Greek bond swap could pile pressure on eurozone: S&P

ECB Greek bond swap could pile pressure on eurozone: S&P

The European Central Bank's decision to exempt itself from taking losses on its Greek bonds gives its senior status in the bond market and may push up borrowing costs of other debt-strained eurozone countries, Standard & Poor's said on Friday.
Published 26 Feb, 2012 12:00am
ECB Greek bond swap could pile pressure on eurozone: S&P

ECB Greek bond swap could pile pressure on eurozone: S&P

The European Central Bank's decision to exempt itself from taking losses on its Greek bonds gives its senior status in the bond market and may push up borrowing costs of other debt-strained eurozone countries, Standard & Poor's said on Friday.
Published 26 Feb, 2012 12:00am
OECD chief urges 'mother of all firewalls' for eurozone

OECD chief urges 'mother of all firewalls' for eurozone

The debt-wracked eurozone needs to build "the mother of all firewalls" to prevent the crisis spreading throughout the bloc, the head of the OECD said on Saturday ahead of a crunch G20 meeting. "We still have to build the mother of all firewalls," Angel Gu
Published 26 Feb, 2012 12:00am
SWIFT said ready to expel Iran central bank from network

SWIFT said ready to expel Iran central bank from network

The world's biggest electronic banking system is ready to block Iran's central bank from using its network to transfer funds, a US congressional aide said on Friday after a briefing from the Belgium-based group earlier this week.
Published 26 Feb, 2012 12:00am
US deficit 'accident waiting to happen': IIF head

US deficit 'accident waiting to happen': IIF head

The rise in US public debt is a serious threat to the whole world if Washington fails to rein it in, the head of the Institute of International Finance warned Saturday."You look at the US budget deficit, and you cannot help but feel that this is a serious
Published 26 Feb, 2012 12:00am
India's Kingfisher gets $163.5 million in investment offers

India's Kingfisher gets $163.5 million in investment offers

India's debt-laden Kingfisher Airlines Ltd has received recapitalisation offers worth 8 billion rupees ($163.5 million) from two Indian investors, the Times of India said on Saturday, citing the carrier's Chairman Vijay Mallya.
Published 26 Feb, 2012 12:00am
US, Saudi Arabia manoeuvre to contain Iran oil market threat

US, Saudi Arabia manoeuvre to contain Iran oil market threat

Saudi Arabia has raised oil exports and the United States is considering releasing crude from its strategic reserves as oil prices hit nine-month highs on Friday and concerns deepened over Iran's nuclear programme.
Published 26 Feb, 2012 12:00am
Apollo-led group to pay $7.15 billion for El Paso assets

Apollo-led group to pay $7.15 billion for El Paso assets

A consortium led by private equity firm Apollo Global Management struck a deal to acquire El Paso Corp's oil and gas exploration and production business for about $7.15 billion, in the largest leveraged buyout deal of the year so far.
Published 26 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 25, 2012).

Published 26 Feb, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (February 25, 2012).

Published 26 Feb, 2012 12:00am
THE RUPEE: dollar gains marginally

THE RUPEE: dollar gains marginally

The rupee drifted lower against dollar and euro on the currency market on Saturday in process of trading, dealers said. The rupee gave up rising trend against the greenback as it shed five paisa for buying and selling at 90.85 and 91.05, they said.
Published 26 Feb, 2012 12:00am
THE RUPEE: dollar gains marginally

THE RUPEE: dollar gains marginally

The rupee drifted lower against dollar and euro on the currency market on Saturday in process of trading, dealers said. The rupee gave up rising trend against the greenback as it shed five paisa for buying and selling at 90.85 and 91.05, they said.
Published 26 Feb, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (February 25, 2012).

Published 26 Feb, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (February 25, 2012).

Published 26 Feb, 2012 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 25, 2012).

Published 26 Feb, 2012 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 25, 2012).

Published 26 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 25, 2012).

Published 26 Feb, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 25, 2012).

Published 26 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 25, 2012).

Published 26 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 25, 2012).

Published 26 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 25, 2012).

Published 26 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 25, 2012).

Published 26 Feb, 2012 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (February 25, 2012).

Published 26 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 25, 2012).

Published 26 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 25, 2012).

Published 26 Feb, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (February 25, 2012) and for Sunday (February 26, 2012).
Published 26 Feb, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 25, 2012).

Published 26 Feb, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (February 25, 2012).

Published 26 Feb, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (February 25, 2012).

Published 26 Feb, 2012 12:00am
The Weather

The Weather

The weather report on Saturday (February 25, 2012) and the forecast for Sunday (February 26, 2012).

Published 26 Feb, 2012 12:00am
Taliban say they shot down US drone

Taliban say they shot down US drone

A US drone may have crashed on Saturday in North Waziristan, not far from the Afghan border, Pakistan intelligence officials said, and Taliban militants said they had shot it down. Taliban militants led by Hafiz Gul Bahadur said they had collected wreckag
Published 26 Feb, 2012 12:00am
Taliban say they shot down US drone

Taliban say they shot down US drone

A US drone may have crashed on Saturday in North Waziristan, not far from the Afghan border, Pakistan intelligence officials said, and Taliban militants said they had shot it down. Taliban militants led by Hafiz Gul Bahadur said they had collected wreckag
Published 26 Feb, 2012 12:00am
Demolition of bin Laden compound begins: police

Demolition of bin Laden compound begins: police

Pakistani security forces on Saturday began demolishing the compound where Osama bin Laden was killed in a covert US raid in May in the north-western garrison town of Abbottabad, police and witnesses said. "Two bulldozers are engaged, the demolition work
Published 26 Feb, 2012 12:00am
Demolition of bin Laden compound begins: police

Demolition of bin Laden compound begins: police

Pakistani security forces on Saturday began demolishing the compound where Osama bin Laden was killed in a covert US raid in May in the north-western garrison town of Abbottabad, police and witnesses said. "Two bulldozers are engaged, the demolition work
Published 26 Feb, 2012 12:00am
Yemen's Hadi takes oath as car bomb kills 26 in south

Yemen's Hadi takes oath as car bomb kills 26 in south

Abd-Rabbu Mansour Hadi became Yemen's new president on Saturday, formally removing autocrat Ali Abdullah Saleh from power, as a car bombing in the south of the country underscored the violence that will be the new leader's greatest challenge. The car load
Published 26 Feb, 2012 12:00am
Yemen's Hadi takes oath as car bomb kills 26 in south

Yemen's Hadi takes oath as car bomb kills 26 in south

Abd-Rabbu Mansour Hadi became Yemen's new president on Saturday, formally removing autocrat Ali Abdullah Saleh from power, as a car bombing in the south of the country underscored the violence that will be the new leader's greatest challenge. The car load
Published 26 Feb, 2012 12:00am
41 Syrian civilians killed ahead of referendum

41 Syrian civilians killed ahead of referendum

Syrian forces killed at least 41 civilians on Saturday's eve of a referendum on a new constitution called by the regime in the face of an 11-month uprising, as the Red Cross failed to agree a deal to evacuate wounded Western journalists. Embattled Preside
Published 26 Feb, 2012 12:00am
41 Syrian civilians killed ahead of referendum

41 Syrian civilians killed ahead of referendum

Syrian forces killed at least 41 civilians on Saturday's eve of a referendum on a new constitution called by the regime in the face of an 11-month uprising, as the Red Cross failed to agree a deal to evacuate wounded Western journalists. Embattled Preside
Published 26 Feb, 2012 12:00am
US should lead some global bodies: World Bank chief

US should lead some global bodies: World Bank chief

A solid US candidate to head the World Bank would be good for the United States and the bank because the world's largest economy should be represented in top international bodies, outgoing President Robert Zoellick said on Saturday, while emphasising he h
Published 26 Feb, 2012 12:00am
US should lead some global bodies: World Bank chief

US should lead some global bodies: World Bank chief

A solid US candidate to head the World Bank would be good for the United States and the bank because the world's largest economy should be represented in top international bodies, outgoing President Robert Zoellick said on Saturday, while emphasising he h
Published 26 Feb, 2012 12:00am
US should lead some global bodies: World Bank chief

US should lead some global bodies: World Bank chief

A solid US candidate to head the World Bank would be good for the United States and the bank because the world''s largest economy should be represented in top international bodies, outgoing President Robert Zoellick said on Saturday, while emphasising he
Published 26 Feb, 2012 12:00am
Killings of two US advisors: Nato withdraws Afghan ministry staff

Killings of two US advisors: Nato withdraws Afghan ministry staff

Nato on Saturday pulled all its staff out of Afghan government ministries after two of its advisors were shot dead within the interior ministry, as anti-US protests raged for a fifth day. Taliban insurgents claimed responsibility for the shooting, saying
Published 26 Feb, 2012 12:00am
Killings of two US advisors: Nato withdraws Afghan ministry staff

Killings of two US advisors: Nato withdraws Afghan ministry staff

Nato on Saturday pulled all its staff out of Afghan government ministries after two of its advisors were shot dead within the interior ministry, as anti-US protests raged for a fifth day. Taliban insurgents claimed responsibility for the shooting, saying
Published 26 Feb, 2012 12:00am
Gilani's, Mirza's sons win

Gilani's, Mirza's sons win

Ali Musa Gilani, son of Prime Minster Syed Yousuf Raza Gilani, on Saturday returned victorious in a by-election held in NA-148, Multan, Aaj News reported. According to the channel, by-elections on six national assembly seats and four provincial ass
Published 26 Feb, 2012 12:00am
Gilani's, Mirza's sons win

Gilani's, Mirza's sons win

Ali Musa Gilani, son of Prime Minster Syed Yousuf Raza Gilani, on Saturday returned victorious in a by-election held in NA-148, Multan, Aaj News reported. According to the channel, by-elections on six national assembly seats and four provincial ass
Published 26 Feb, 2012 12:00am
Non- payment of funds: PRAL expresses inability to continue functions

Non- payment of funds: PRAL expresses inability to continue functions

Pakistan Revenue Automation Limited (PRAL), a subsidiary of the Federal Board of Revenue (FBR), has expressed its inability to continue the IT- related functions in March 2012, if the FBR do not release the allocated grant by the February 29, 2012 deadlin
Published 26 Feb, 2012 12:00am
Non- payment of funds: PRAL expresses inability to continue functions

Non- payment of funds: PRAL expresses inability to continue functions

Pakistan Revenue Automation Limited (PRAL), a subsidiary of the Federal Board of Revenue (FBR), has expressed its inability to continue the IT- related functions in March 2012, if the FBR do not release the allocated grant by the February 29, 2012 deadlin
Published 26 Feb, 2012 12:00am
Non- payment of funds: PRAL expresses inability to continue functions

Non- payment of funds: PRAL expresses inability to continue functions

Pakistan Revenue Automation Limited (PRAL), a subsidiary of the Federal Board of Revenue (FBR), has expressed its inability to continue the IT- related functions in March 2012, if the FBR do not release the allocated grant by the February 29, 2012 deadlin
Published 26 Feb, 2012 12:00am
Prime Minister makes 'no new tax' pledge

Prime Minister makes 'no new tax' pledge

Prime Minister Syed Yousuf Raza Gilani has said the government has decided not to impose any new tax on people in the FY12-13 budget. According to him, the government will provide relief to the masses through Benazir Income Support (BISP) Programme.
Published 26 Feb, 2012 12:00am
Prime Minister makes 'no new tax' pledge

Prime Minister makes 'no new tax' pledge

Prime Minister Syed Yousuf Raza Gilani has said the government has decided not to impose any new tax on people in the FY12-13 budget. According to him, the government will provide relief to the masses through Benazir Income Support (BISP) Programme.
Published 26 Feb, 2012 12:00am
Prime Minister makes ''no new tax'' pledge

Prime Minister makes ''no new tax'' pledge

Prime Minister Syed Yousuf Raza Gilani has said the government has decided not to impose any new tax on people in the FY12-13 budget. According to him, the government will provide relief to the masses through Benazir Income Support (BISP) Programme.
Published 26 Feb, 2012 12:00am
FBR identifies over 35 major taxation reforms

FBR identifies over 35 major taxation reforms

The Federal Board of Revenue (FBR) has identified over 35 major taxation reforms like Reformed General Sales Tax (RGST) and creation of the Customs and Tax Fraud Division not completed, under the World Bank (WB) sponsored Tax Administration Reform Project
Published 26 Feb, 2012 12:00am
FBR identifies over 35 major taxation reforms

FBR identifies over 35 major taxation reforms

The Federal Board of Revenue (FBR) has identified over 35 major taxation reforms like Reformed General Sales Tax (RGST) and creation of the Customs and Tax Fraud Division not completed, under the World Bank (WB) sponsored Tax Administration Reform Project
Published 26 Feb, 2012 12:00am
FBR identifies over 35 major taxation reforms

FBR identifies over 35 major taxation reforms

The Federal Board of Revenue (FBR) has identified over 35 major taxation reforms like Reformed General Sales Tax (RGST) and creation of the Customs and Tax Fraud Division not completed, under the World Bank (WB) sponsored Tax Administration Reform Project
Published 26 Feb, 2012 12:00am
'Fresh amnesty scheme to send 'wrong signals' to honest taxpayers'

'Fresh amnesty scheme to send 'wrong signals' to honest taxpayers'

Some members of the Tax Reform Co-ordination Group (TRCG) have strongly opposed the amnesty schemes, which discourage the compliant taxpayers-who are regularly paying taxes. Sources told Business Recorder, here on Saturday that the issue of the amn
Published 26 Feb, 2012 12:00am
'Fresh amnesty scheme to send 'wrong signals' to honest taxpayers'

'Fresh amnesty scheme to send 'wrong signals' to honest taxpayers'

Some members of the Tax Reform Co-ordination Group (TRCG) have strongly opposed the amnesty schemes, which discourage the compliant taxpayers-who are regularly paying taxes. Sources told Business Recorder, here on Saturday that the issue of the amn
Published 26 Feb, 2012 12:00am
''Fresh amnesty scheme to send ''wrong signals'' to honest taxpayers''

''Fresh amnesty scheme to send ''wrong signals'' to honest taxpayers''

Some members of the Tax Reform Co-ordination Group (TRCG) have strongly opposed the amnesty schemes, which discourage the compliant taxpayers-who are regularly paying taxes. Sources told Business Recorder, here on Saturday that the issue of the amn
Published 26 Feb, 2012 12:00am
SEC probes exchanges and electronic trading firms ties: WSJ

SEC probes exchanges and electronic trading firms ties: WSJ

The US Securities and Exchange Commission has launched a probe into the ties between stock exchanges and certain electronic trading firms, the Wall Street Journal reported on Saturday, citing people familiar with the matter.
Published 26 Feb, 2012 12:00am
SEC probes exchanges and electronic trading firms ties: WSJ

SEC probes exchanges and electronic trading firms ties: WSJ

The US Securities and Exchange Commission has launched a probe into the ties between stock exchanges and certain electronic trading firms, the Wall Street Journal reported on Saturday, citing people familiar with the matter.
Published 26 Feb, 2012 12:00am
PAEC granted operating licence of Chashma NPPU-2

PAEC granted operating licence of Chashma NPPU-2

Pakistan Nuclear Regulatory Authority (PNRA) Chairman granted the operating licence to Pakistan Atomic Energy Commission (PAEC) Chairman for operation of Chashma Nuclear Power Plant Unit-2 (C-2), which is a 325MW nuclear power plant constructed at Chashma
Published 26 Feb, 2012 12:00am
PAEC granted operating licence of Chashma NPPU-2

PAEC granted operating licence of Chashma NPPU-2

Pakistan Nuclear Regulatory Authority (PNRA) Chairman granted the operating licence to Pakistan Atomic Energy Commission (PAEC) Chairman for operation of Chashma Nuclear Power Plant Unit-2 (C-2), which is a 325MW nuclear power plant constructed at Chashma
Published 26 Feb, 2012 12:00am
PAEC granted operating licence of Chashma NPPU-2

PAEC granted operating licence of Chashma NPPU-2

Pakistan Nuclear Regulatory Authority (PNRA) Chairman granted the operating licence to Pakistan Atomic Energy Commission (PAEC) Chairman for operation of Chashma Nuclear Power Plant Unit-2 (C-2), which is a 325MW nuclear power plant constructed at Chashma
Published 26 Feb, 2012 12:00am
Sindh chief minister asks officials to fix wheat procurement target

Sindh chief minister asks officials to fix wheat procurement target

Sindh Chief Minister Syed Qaim Ali Shah has asked the officials of Food Department to fix 1.3 million metric tonnes target for the procurement of wheat in this year (2012), Business Recorder learnt on Saturday. Reliable sources inside the Food Depa
Published 26 Feb, 2012 12:00am
Sindh chief minister asks officials to fix wheat procurement target

Sindh chief minister asks officials to fix wheat procurement target

Sindh Chief Minister Syed Qaim Ali Shah has asked the officials of Food Department to fix 1.3 million metric tonnes target for the procurement of wheat in this year (2012), Business Recorder learnt on Saturday. Reliable sources inside the Food Depa
Published 26 Feb, 2012 12:00am
Sindh chief minister asks officials to fix wheat procurement target

Sindh chief minister asks officials to fix wheat procurement target

Sindh Chief Minister Syed Qaim Ali Shah has asked the officials of Food Department to fix 1.3 million metric tonnes target for the procurement of wheat in this year (2012), Business Recorder learnt on Saturday. Reliable sources inside the Food Depa
Published 26 Feb, 2012 12:00am
Prices of essential items show an upward trend

Prices of essential items show an upward trend

The prices of essential kitchen items remained on high side without significant changes during the last week as compared to the preceding week, a survey carried out by Business Recorder revealed on Saturday. Survey noted that retailers have increas
Published 26 Feb, 2012 12:00am
Prices of essential items show an upward trend

Prices of essential items show an upward trend

The prices of essential kitchen items remained on high side without significant changes during the last week as compared to the preceding week, a survey carried out by Business Recorder revealed on Saturday. Survey noted that retailers have increas
Published 26 Feb, 2012 12:00am
Prices of essential items show an upward trend

Prices of essential items show an upward trend

The prices of essential kitchen items remained on high side without significant changes during the last week as compared to the preceding week, a survey carried out by Business Recorder revealed on Saturday. Survey noted that retailers have increas
Published 26 Feb, 2012 12:00am
Additional judges: JCP recommends two lawyers' names

Additional judges: JCP recommends two lawyers' names

The Judicial Commission of Pakistan (JCP) has recommended the names of two lawyers for their appointment as Additional Judges of the Sindh High Court in its meeting headed by the Chief Justice Iftikhar Muhammad Chaudhry at the Supreme Court on Saturday. T
Published 26 Feb, 2012 12:00am
Additional judges: JCP recommends two lawyers' names

Additional judges: JCP recommends two lawyers' names

The Judicial Commission of Pakistan (JCP) has recommended the names of two lawyers for their appointment as Additional Judges of the Sindh High Court in its meeting headed by the Chief Justice Iftikhar Muhammad Chaudhry at the Supreme Court on Saturday. T
Published 26 Feb, 2012 12:00am
Bangladeshi, Iranian women win IDB award

Bangladeshi, Iranian women win IDB award

A Bangladeshi entrepreneur and an Iranian shipping company boss were joint winners of the Jeddah based Islamic Development Bank (IDB) prize for women's contribution to development for 2012. The winners were Selima Ahmad and Seyedeh Fatimah Moghimi, founde
Published 26 Feb, 2012 12:00am
Bangladeshi, Iranian women win IDB award

Bangladeshi, Iranian women win IDB award

A Bangladeshi entrepreneur and an Iranian shipping company boss were joint winners of the Jeddah based Islamic Development Bank (IDB) prize for women's contribution to development for 2012. The winners were Selima Ahmad and Seyedeh Fatimah Moghimi, founde
Published 26 Feb, 2012 12:00am
Bangladeshi, Iranian women win IDB award

Bangladeshi, Iranian women win IDB award

A Bangladeshi entrepreneur and an Iranian shipping company boss were joint winners of the Jeddah based Islamic Development Bank (IDB) prize for women''s contribution to development for 2012. The winners were Selima Ahmad and Seyedeh Fatimah Moghimi, found
Published 26 Feb, 2012 12:00am
US bolsters defences in Strait of Hormuz: report

US bolsters defences in Strait of Hormuz: report

The Pentagon has notified US lawmakers of plans to bolster US defences in and around the Strait of Hormuz to be prepared for a military response against Iran, a report said Friday. New mine-detection and clearing equipment as well as improved surveillance
Published 26 Feb, 2012 12:00am
US bolsters defences in Strait of Hormuz: report

US bolsters defences in Strait of Hormuz: report

The Pentagon has notified US lawmakers of plans to bolster US defences in and around the Strait of Hormuz to be prepared for a military response against Iran, a report said Friday. New mine-detection and clearing equipment as well as improved surveillance
Published 26 Feb, 2012 12:00am
KFC opens branch in Iran despite US sanctions

KFC opens branch in Iran despite US sanctions

The American fast food chain restaurant Kentucky Fried Chicken has opened a branch in Iran despite harsh US sanctions against Iran over that country's nuclear programmes, Iranian media reported Saturday. Iran's first KFC branch was opened on Friday in Kar
Published 26 Feb, 2012 12:00am
KFC opens branch in Iran despite US sanctions

KFC opens branch in Iran despite US sanctions

The American fast food chain restaurant Kentucky Fried Chicken has opened a branch in Iran despite harsh US sanctions against Iran over that country's nuclear programmes, Iranian media reported Saturday. Iran's first KFC branch was opened on Friday in Kar
Published 26 Feb, 2012 12:00am
India freezes aid group funds over nuclear protests

India freezes aid group funds over nuclear protests

India said Saturday it had frozen the assets of three non-profit groups it alleges were diverting foreign aid funds to fuel protests against plans to build two atomic power stations. The country's move to construct two giant nuclear power stations in the
Published 26 Feb, 2012 12:00am
India freezes aid group funds over nuclear protests

India freezes aid group funds over nuclear protests

India said Saturday it had frozen the assets of three non-profit groups it alleges were diverting foreign aid funds to fuel protests against plans to build two atomic power stations. The country's move to construct two giant nuclear power stations in the
Published 26 Feb, 2012 12:00am
Top Indian space scientist quits over blacklisting

Top Indian space scientist quits over blacklisting

A top Indian scientist said Saturday he had resigned from the nation's Space Commission to protest the government's blacklisting of four scientists over alleged irregularities in a satellite deal. The resignation by Roddam Narasimha, 78, from the highest
Published 26 Feb, 2012 12:00am
Top Indian space scientist quits over blacklisting

Top Indian space scientist quits over blacklisting

A top Indian scientist said Saturday he had resigned from the nation's Space Commission to protest the government's blacklisting of four scientists over alleged irregularities in a satellite deal. The resignation by Roddam Narasimha, 78, from the highest
Published 26 Feb, 2012 12:00am
India taken off WHO polio list in major milestone

India taken off WHO polio list in major milestone

India was taken off a list of polio endemic countries by the World Health Organisation on Saturday, marking a massive victory for health workers battling the crippling disease. "This gives us hope that we can finally eradicate polio not only from India bu
Published 26 Feb, 2012 12:00am
India taken off WHO polio list in major milestone

India taken off WHO polio list in major milestone

India was taken off a list of polio endemic countries by the World Health Organisation on Saturday, marking a massive victory for health workers battling the crippling disease. "This gives us hope that we can finally eradicate polio not only from India bu
Published 26 Feb, 2012 12:00am
'Number of Hujjaj has touched four million mark'

'Number of Hujjaj has touched four million mark'

During the last 40 years, number of Hujjaj increased from 40,000 to more then 40 lakh (four million), said Chief Executive of Maktab no. 15 Saudi Arabia, Fawad Mohammad Amin. Speaking at a meeting with Siddiq Ahmed Mehar Elahi, Chief Executive of Hajj Gro
Published 26 Feb, 2012 12:00am
'Strategy being prepared to drain out water'

'Strategy being prepared to drain out water'

Sindh Minister for Information and Power, Ms Shazia Marri has said that long and short-term strategy is in the way to ensure safe disposal of storm-water into sea and minimise flood losses in future. She stated this while talking to journalists in Berani,
Published 26 Feb, 2012 12:00am
Book launching Call for empowerment of middle class

Book launching Call for empowerment of middle class

Speakers at a book launching ceremony have called for empowering the country's middle class by properly utilising the tools of education and communication to steer the country out of prevailing crises. Speakers at the launching ceremony of a book "Social
Published 26 Feb, 2012 12:00am
Influence by high-ups impedes inquiry against KMC Director

Influence by high-ups impedes inquiry against KMC Director

The special investigation team of Sindh Chief Minister Syed Qaim Ali, investigating corruption allegations against Director of Advertising Department of Karachi Metropolitan Corporation (KMC), is facing pressure from some influential high-ups in carrying
Published 26 Feb, 2012 12:00am
PMA for relaunch of anti-quackery drive

PMA for relaunch of anti-quackery drive

Pakistan Medical Association (PMA) has appealed to the Chief Minister Punjab to re-start the anti quackery campaign on top priority basis before the dengue case resurfaces again.
Published 26 Feb, 2012 12:00am
Five persons killed in various incidents

Five persons killed in various incidents

At-least five persons were killed in separate incidents in various parts of the metropolis, here on Saturday. According to police, a 16-year-old scrap dealer, Saleem, son of Zahid, was killed in Gulistan-e-Jauhar area near Dubai House in the limits of Gul
Published 26 Feb, 2012 12:00am
Hasnain Mirza wins PS-57 by-polls

Hasnain Mirza wins PS-57 by-polls

Continuing the trend of family politics, new generation of PPP's leadership entered practical politics in the shape of Hasnain Mirza who won the by-election for the seat of MPA from PS-57 (Badin-I) vacated by his father Dr Zulifqar Mirza. According to uno
Published 26 Feb, 2012 12:00am
Gas supply to more than half of Lahore, Kasur regions suspended

Gas supply to more than half of Lahore, Kasur regions suspended

Gas supply to the Industrial, domestic and CNG stations of more than half of Lahore and Kasur region has been suspended due to the technical problems in the SMS 2 Multan Road region, said sources in the SNGPL Lahore office on Saturday. According to the so
Published 26 Feb, 2012 12:00am
Power supply to Dhabeji water-pumping station restored

Power supply to Dhabeji water-pumping station restored

Karachi Electric Supply Company has appreciated the assurance by Chief Secretary Sindh to pay the dues of water board in the next few days and thus, KESC has reconnected power supply to Dhabeji pumping station. Power supply to the station was disconnected
Published 26 Feb, 2012 12:00am
Jamaat-i-Islami chief critical of government's workers policy

Jamaat-i-Islami chief critical of government's workers policy

Jamaat-i-Islami, Ameer, Syed Munawar Hasan, has said that the PPP government had done maximum harm to the workers and the labourers for the last four years. Addressing the central executive of the National Labour Federation (NLF) at Mughulpura on Saturday
Published 26 Feb, 2012 12:00am
Need to promote Indo-Pak relations emphasised

Need to promote Indo-Pak relations emphasised

Punjab Chief Minister, Muhammad Shahbaz Sharif has said that India and Pakistan will have to develop peaceful neighbourly relations and promote bilateral relations, while efforts should continue for the solution of all outstanding issues including Kashmir
Published 26 Feb, 2012 12:00am
PTCL's annual sales conference 2012 held

PTCL's annual sales conference 2012 held

Pakistan Telecommunication Company Limited (PTCL) CEO and President, Walid Irshaid, has said that the company is on a growth trajectory not only because of its innovative products and services, but also because of its talented sales force.
Published 26 Feb, 2012 12:00am
26 candidates from Khyber Pakhtunkhwa run for 12 Senate seats

26 candidates from Khyber Pakhtunkhwa run for 12 Senate seats

A total of 26 candidates are in run for 12 seats of Senate, Upper House, of the Parliament from Khyber-Pakhtunkhwa. Half of 100-member Senate on completion of six years is retiring on March 11, 2012, and elections on the seats falling vacant are scheduled
Published 26 Feb, 2012 12:00am
US-drone attacks: tribal elders to intensify protest campaign

US-drone attacks: tribal elders to intensify protest campaign

Tribal elders from Waziristan agency have announced to intensify their protest campaign against US-secret drone attacks in the Federally Administrative Tribal Areas, saying that restoration of sustainable peace is inevitable for development of tribal regi
Published 26 Feb, 2012 12:00am
Protection of doctors: medical bodies urged to play role

Protection of doctors: medical bodies urged to play role

Vice-Chancellor University of Karachi (KU) Professor Dr Mohammad Qaiser has said that the medical bodies should play their due role in protection of doctors by approaching authorities concerned. These views he expressed while addressing the 3-day inaugura
Published 26 Feb, 2012 12:00am
PTI mass contact campaign from tomorrow

PTI mass contact campaign from tomorrow

Pakistan Tahreek-e-Insaf (PTI) will start a mass contact campaign in the rural areas of Lahore region from February 27 to 29 and Party Chairman Imran Khan will address the people and party workers at 60 different places. PTI President Lahore Mian Mahmoodu
Published 26 Feb, 2012 12:00am
SLA claim responsibility: blasts disrupt railway traffic

SLA claim responsibility: blasts disrupt railway traffic

Multiple blasts on the railway tracks rocked the city once again that caused blockade of railway traffic for hours, here on Saturday. According to the spokesman of Pakistan Railways, explosive devices were planted at 14 different points of railway tracks
Published 26 Feb, 2012 12:00am
Teenager tries to steal 200 blood bags

Teenager tries to steal 200 blood bags

A teenager on Saturday attempted to steal 200 blood bags from Pakistan Institute of Medical Sciences (Pims), however the security guards deputed at the parking lot got hold of the bottles but the boy escaped from the scene. Pims Executive Director Profess
Published 26 Feb, 2012 12:00am
One dies in wall collapse

One dies in wall collapse

A man died when the wall and gate of a Watan Card Centre (WCC) collapsed in Kot Addu on Saturday. According to police, a flood victim, identified as Muhammad Ramazan, resident of Qasba Gujrat, died when the wall and gate of the centre set up at Government
Published 26 Feb, 2012 12:00am
REAP for inclusion of Indian rice in Negative List

REAP for inclusion of Indian rice in Negative List

Rice Exporters Association of Pakistan (REAP) has warned that two billion dollar rice export from Pakistan would be at stake, if the government did not include all varieties of Indian rice in negative list.
Published 26 Feb, 2012 12:00am
'Modernisation of agriculture-storage key priority'

'Modernisation of agriculture-storage key priority'

Government of Sindh has made the modernisation of agri-storage and handling infrastructure in the province a key strategic priority. This strategy is central to the government's stated objective enhancing food security for the people of Sindh. Government
Published 26 Feb, 2012 12:00am
FBR's CNIC condition rejected by eight trade bodies

FBR's CNIC condition rejected by eight trade bodies

Eight trade bodies of the city have rejected the repeated moves made by Federal Board of Revenue (FBR) to unilaterally impose condition of obtaining buyers' CNIC and sought the help of Karachi Chamber of Commerce and Industry (KCCI) to pursue the governme
Published 26 Feb, 2012 12:00am
Energy shortage is a global issue: Langley

Energy shortage is a global issue: Langley

Pakistan can overcome its financial woes by strengthening business-to-business interactions that is a prerequisite to expand economic activities and create better entrepreneurs, this was stated by Global President, Entrepreneurs Organisation (EO) Kevin La
Published 26 Feb, 2012 12:00am
Jamaat-i-Islami woman wing holds protest rally against immoral trends

Jamaat-i-Islami woman wing holds protest rally against immoral trends

Jamaat-i-Islami women wing on Saturday urged Pakistan Telecommunication Authority (PTA) to step up against the rising immoral media trends and implement strict rules to stem the vulgarity in TV dramas and advertisements. Hundreds of women participants of
Published 26 Feb, 2012 12:00am
27 arrested from various areas of Karachi

27 arrested from various areas of Karachi

The Karachi police in their drive against criminals arrested 27 accused including seven absconders from various areas of the city during the last 24 hours. A statement on Saturday said that 17 pistols, a revolver, a dagger and two snatched mobiles were re
Published 26 Feb, 2012 12:00am
Bibi Miran's Urs on March 4

Bibi Miran's Urs on March 4

The Auqaf Department, Karachi Division, Government of Sindh has announced that the annual Urs of Syeda Bibi Miran Peer will be celebrated on 10th and 11th Rabi-ul-Sani, 1433 Hijri ie on March 4. Thousands of ladies Zaireen devotees including high dignitie
Published 26 Feb, 2012 12:00am
Mehran University to hold second international moot from tomorrow

Mehran University to hold second international moot from tomorrow

Mehran University is going to organise the second international conference from February 27 to 29. Uqaili Conference Chairman Professor Dr Muhammad Aslam said this while addressing a press conference at Hyderabad Press Club here on Saturday.
Published 26 Feb, 2012 12:00am
FBR survey for broadening tax base widely disparaged

FBR survey for broadening tax base widely disparaged

The exercise of broadening of tax base by the Federal Board of Revenue (FBR) is widely being disparaged by the registered persons, Business Recorder learnt on Saturday. The complaints received by this paper revealed that the field formation of FBR
Published 26 Feb, 2012 12:00am
Professor gets additional charge

Professor gets additional charge

Sindh University authorities through an order assigned the Additional Charge of the Registrar University of Sindh to Professor Dr Muhammad Ilyas Rajput Chairman department of Statistics till further orders here on Saturday.
Published 26 Feb, 2012 12:00am
'Fashion Pakistan Week 3' in April

'Fashion Pakistan Week 3' in April

Fashion Pakistan proudly announces the 'Fashion Pakistan Week 3' to be held in April This is the fashion week in which Pakistan's most powerful and influential designers will gather under one roof for one week only. The primary objective to organise FPW i
Published 26 Feb, 2012 12:00am
Boeing aircraft purchase: TI Pakistan disputes PIA version

Boeing aircraft purchase: TI Pakistan disputes PIA version

TI Pakistan has disputed PIA's version on the award of contract for five Boeing 777-300ERs at $1.5 billion on unsolicited proposals. Adviser TI Pakistan, Syed Adil Gilani, in a letter sent to the Managing Director, PIA Captain Nadeem Khan Yousufzai on Feb
Published 26 Feb, 2012 12:00am
An APC is a must

An APC is a must

Nawaz Sharif has unmatched political credentials; he was twice the prime minister of Pakistan and as head of the main opposition in parliament is treated as prime minister-in-waiting. What he believes and says carries weight and gets due attention in Paki
Published 26 Feb, 2012 12:00am
Radio licence fee

Radio licence fee

National Assembly's Standing Committee on Information and Broadcasting has recommended levying two percent broadcast cess on all cellphone users and a one-time Rs 4000 fee on new car purchases. The measure, said the committee, would make Radio Pakistan se
Published 26 Feb, 2012 12:00am
FTAs and PTAs

FTAs and PTAs

World Trade Organisation (WTO) member countries establish free trade areas to achieve market access through reciprocal exchanges of trade concessions. Entering a PTA/FTA is partly motivated by the desire to obtain equilibrium in foreign trade. Increased m
Published 26 Feb, 2012 12:00am
Oscars set for night of nostalgia

Oscars set for night of nostalgia

Workers were putting the finishing touches to the Oscar set as Hollywood prepared for its biggest night of the year: The 84th annual Academy Awards on Sunday. But the preparations were overshadowed by a scandal engineered by comedian Sasha Baron Cohen, wh
Published 26 Feb, 2012 12:00am
Plight of Kashmiris

Plight of Kashmiris

The people of Kashmir are facing the worst form of brutality for more than six decades. The leaders of India ignore it and turn a blind eye towards the physical and mental torture Kashmiris go through each day. The human rights organisations themselves ha
Published 26 Feb, 2012 12:00am
Norwegian-funded programme in Chitral termed unsatisfactory

Norwegian-funded programme in Chitral termed unsatisfactory

Khyber Pakhtunkhwa, Minister for Population, Saleem Khan, has termed the performance of THRIVE, a Norwegian government funded programme working in social sector in district Chitral, as unsatisfactory. He was talking to delegation of Chitral Development Ne
Published 26 Feb, 2012 12:00am
Status of IPLC restored

Status of IPLC restored

The Status of Industrial Police Liaison Committee (IPLC) has been restored under orders of Inspector General, Punjab Police, Haji Habib-ur-Rehman. The Regional Police Officer, Chaudhry Aftab Ahmed Cheema, has today intimated the IPLC-Chief, Syed Omer Naza
Published 26 Feb, 2012 12:00am
Pasban holds protest rally in Peshawar

Pasban holds protest rally in Peshawar

Activists of Pasban on Saturday held a protest demonstration outside Peshawar Press Club against the burning of copies of Holy Quran by US-led International Security Assistance Forces (ISAF) in war-torn Afghanistan. They demanded for severe diplomatic tie
Published 26 Feb, 2012 12:00am
Crime rate in Islamabad continues to be on the rise

Crime rate in Islamabad continues to be on the rise

The claim of Islamabad police that foolproof security measures have been taken across the Capital proved baseless, as crime rate continued to soar. Despite the huge deployment of Capital police at every corner in the town five vehicles were stolen by the
Published 26 Feb, 2012 12:00am
Flood alert issued in four districts of Hazara

Flood alert issued in four districts of Hazara

The administration in the wake of the opening of spell ways of Attaabad Lake on February 27 (Monday) issued flood alert regarding increase in water level channels passing through district Kohistan, Torghar, Mansehra and Haripur. Commissioner, Hazara Divis
Published 26 Feb, 2012 12:00am
Tributes paid to Pashto films actress

Tributes paid to Pashto films actress

The fans of legendary Pashto films actress late Yasmin Khan thronged a show organised by the under the auspices of the Department of Culture in collaboration with Khyber Pakhtunkhwa Journalists Forum to pay tributes to her contribution in the promotion of
Published 26 Feb, 2012 12:00am
Book by Aisamul Haq launched

Book by Aisamul Haq launched

Tennis star Aisamul Haq's book titled "Lessons learnt from the tennis tour with Robert Davis" was formally launched here on Saturday. GCU vice-chancellor Professor Dr Muhammad Khaleeq-ur-Rahman presided over the event. Among others, the family members of
Published 26 Feb, 2012 12:00am
IPLC disbanded over corruption charges

IPLC disbanded over corruption charges

The newly established Industrial Police Liaison Committee (IPLC) has been disbanded with immediate effect over corruption charges. In a letter by the DIG Headquarters to the IG Police, it was revealed that a number of complaints of corruption and mismanag
Published 26 Feb, 2012 12:00am
Seminar on energy conservation

Seminar on energy conservation

The USAID in collaboration with the Gujranwala Electric Power Company (GEPCO) organised awareness seminar on energy conservation in different public and private colleges of Gujranwala. The GEPCO officials delivered lectures on the ways of efficient utilis
Published 26 Feb, 2012 12:00am
Second business train inaugurated in Multan

Second business train inaugurated in Multan

The second business train of the country was inaugurated at Multan railway station on Saturday. The train reached at Multan 20 minute before the schedule. Prime Minister's son MPA Abdul Qadar Gilani could not reach to inaugurate the business train due to
Published 26 Feb, 2012 12:00am
Kisan Board urges government to withdraw subsidy on imported urea

Kisan Board urges government to withdraw subsidy on imported urea

Kisan Board Pakistan (KBP), strongly reacting to the news of withdrawal of subsidy on imported urea bag and increasing its prices by Rs 300 per bag, has urged the government to immediately take back this decision. This demand was raised during a meeting h
Published 26 Feb, 2012 12:00am
Law and order prime responsibilities: RPO

Law and order prime responsibilities: RPO

Regional Police Officer (RPO) Gujranwala Muhammad Amin has said that Police will fulfil its responsibilities for protecting life and property of the people in Gujranwala Region. Addressing the members of Motorcycle Dealers Association Sialkot on Saturday
Published 26 Feb, 2012 12:00am
UVAS, L&DD organise workshop

UVAS, L&DD organise workshop

Provincial Secretary Livestock and Dairy Development (L&DD) has said that officers will get departmental up gradations who got certificates in a workshop on "Capacity building of Livestock dairy development department officers for the establishment of adv
Published 26 Feb, 2012 12:00am
IN SHORT: Zinc market deficit seen

IN SHORT: Zinc market deficit seen

The global zinc market could shift into a supply deficit as early as 2016 as impending closures at a number of larger mines tighten the grip on an already constrained concentrate market, China's Minmetals Resources CEO said in an interview on Monday.
Published 26 Feb, 2012 12:00am
IN SHORT: Philippines may hike rice output forecast

IN SHORT: Philippines may hike rice output forecast

The Philippines may raise its rice output forecast for the first half of the year by as much as 1 million tonnes due to changes in the cropping pattern, a farm official said on Thursday, making any unplanned grain imports unlikely this year.
Published 26 Feb, 2012 12:00am
IN SHORT: cocoa butter tracks Europe ratios lower

IN SHORT: cocoa butter tracks Europe ratios lower

Cocoa butter ratios edged down in Asia this week because of declines in European prices, but demand from chocolate makers ahead of Easter helped cushion the fall, dealers said on Friday. Cocoa butter, a key ingredient for making chocolates, was offered at
Published 26 Feb, 2012 12:00am
Previous Day