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Archive - 2012-04-07
No pullback without guarantees: Syria
Top News

No pullback without guarantees: Syria

DAMASCUS: The Syrian government will not withdraw its forces from Syrian protest hubs without "written guarantees" from
Published 07 Apr, 2012 08:09pm
Bomb blast rocks in northern Nigeria
Top News

Bomb blast rocks in northern Nigeria

KANO: A large bomb explosion rocked an area near a church in the northern Nigerian city of Kaduna on Easter Sunday, resi
Published 07 Apr, 2012 08:07pm
Afghanistan, US in deal on night raids
Top News

Afghanistan, US in deal on night raids

KABUL: Afghanistan and the US have struck a deal on special forces operations in the insurgency-wracked country, Kabul s
Published 07 Apr, 2012 08:05pm
Turkish PM to visit China: aide
Europe

Turkish PM to visit China: aide

ANKARA:Turkey's Prime Minister Recep Tayyip Erdogan was leaving Saturday for the first official visit toChina by a Turki
Published 07 Apr, 2012 01:22pm
Gold price surges to Rs48,728
Top News

Gold price surges to Rs48,728

KARACHI: Gold price surged by Rs214 to Rs48,728 per 10 grams in the local market Saturday as its international price imp
Published 07 Apr, 2012 01:00pm
80 killed in Syria violence: NGO
Top News

80 killed in Syria violence: NGO

  BEIRUT: At least 80 people were killed in violence acrossSyria on Saturday, mostly civilians mowed down as regime for
Published 07 Apr, 2012 12:52pm
North Korea rocket may be on launch pad
Top News

North Korea rocket may be on launch pad

SEOUL: North Korea may have moved the first stage of a long-range rocket on to its launch pad, ahead of its possible lif
Published 07 Apr, 2012 06:40am
Greek police under scrutiny
Europe

Greek police under scrutiny

ATHENS: A Greek photographer working for Chinese state news agency Xinhua underwent surgery Friday after suffering a ser
Published 07 Apr, 2012 06:19am
LSE index gains 12.12 points

LSE index gains 12.12 points

Equities on Friday moved both ways on the Lahore Stock Exchange and finally stayed in green zone amid marginally decreased trading turnover due to the investors' cautious approach ahead of weekend. The LSE-25 index gained 12.12 points and was ended at 374
Published 07 Apr, 2012 12:00am
LSE index gains 12.12 points

LSE index gains 12.12 points

Equities on Friday moved both ways on the Lahore Stock Exchange and finally stayed in green zone amid marginally decreased trading turnover due to the investors' cautious approach ahead of weekend. The LSE-25 index gained 12.12 points and was ended at 374
Published 07 Apr, 2012 12:00am
ISE gains 19.65 points

ISE gains 19.65 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 19.65 points as the ISE Ten Index moved from 2,827.12
Published 07 Apr, 2012 12:00am
ISE gains 19.65 points

ISE gains 19.65 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 19.65 points as the ISE Ten Index moved from 2,827.12
Published 07 Apr, 2012 12:00am
Court revives Viacom copyright suit against YouTube

Court revives Viacom copyright suit against YouTube

A US appeals court on Thursday revived a billion-dollar lawsuit filed by entertainment giant Viacom accusing Google-owned website YouTube of knowingly profiting from pirated video clips. The judge handling the appeal reversed a lower court's decision two
Published 07 Apr, 2012 12:00am
Russian sailing expedition 'goes missing' in Antarctic

Russian sailing expedition 'goes missing' in Antarctic

A Russian-Ukrainian crew that set sail in September on an historic expedition around the South and North Poles went missing in the Antarctic on Friday after encountering gale-force winds. A spokeswoman for the eight-person crew on board the 29-metre (97-f
Published 07 Apr, 2012 12:00am
France fears new serial killer after four murders near Paris

France fears new serial killer after four murders near Paris

Fears grew Friday that a serial killer was stalking housing estates in the suburbs of Paris, where the same weapon has been used to murder four apparently innocent citizens since November. The latest killing on Thursday of a 47-year-old mother, shot dead
Published 07 Apr, 2012 12:00am
No one can malign armed forces, judiciary: CJP

No one can malign armed forces, judiciary: CJP

Chief Justice of Pakistan Iftikhar Mohammad Chaudhry on Friday said that any Balochistan minister if who had wrongly accused Balochistan Frontier Corps of human rights violations in the province would be rendered disqualified from his office.
Published 07 Apr, 2012 12:00am
No one can malign armed forces, judiciary: CJP

No one can malign armed forces, judiciary: CJP

Chief Justice of Pakistan Iftikhar Mohammad Chaudhry on Friday said that any Balochistan minister if who had wrongly accused Balochistan Frontier Corps of human rights violations in the province would be rendered disqualified from his office.
Published 07 Apr, 2012 12:00am
Suicide bomber kills Afghan peace envoy

Suicide bomber kills Afghan peace envoy

A suicide bomber assassinated an Afghan peace envoy and former mujahedeen commander on Friday, along with his son in an eastern region close to the Pakistan border, officials said. Maulavi Mohammad Hashem Munib, the head of the High Peace Council in Kunar
Published 07 Apr, 2012 12:00am
Suicide bomber kills Afghan peace envoy

Suicide bomber kills Afghan peace envoy

A suicide bomber assassinated an Afghan peace envoy and former mujahedeen commander on Friday, along with his son in an eastern region close to the Pakistan border, officials said. Maulavi Mohammad Hashem Munib, the head of the High Peace Council in Kunar
Published 07 Apr, 2012 12:00am
'No attacks' launched from Afghanistan after 2014

'No attacks' launched from Afghanistan after 2014

Afghan soil will not be used to launch attacks against any country after foreign troops withdraw, the war-torn nation's foreign minister told Al-Jazeera in an interview, excerpts of which were received by AFP on Friday. "Afghan soil will not be used again
Published 07 Apr, 2012 12:00am
'No attacks' launched from Afghanistan after 2014

'No attacks' launched from Afghanistan after 2014

Afghan soil will not be used to launch attacks against any country after foreign troops withdraw, the war-torn nation's foreign minister told Al-Jazeera in an interview, excerpts of which were received by AFP on Friday. "Afghan soil will not be used again
Published 07 Apr, 2012 12:00am
Boy in China sells kidney to buy iPhone

Boy in China sells kidney to buy iPhone

A teenage high-school student in China sold his kidney for an illicit transplant operation and used the proceeds to buy an Apple iPhone and iPad, state press said on Friday. The 17-year-old boy, who was paid 22,000 yuan ($3,500), was recruited from an onl
Published 07 Apr, 2012 12:00am
Boy in China sells kidney to buy iPhone

Boy in China sells kidney to buy iPhone

A teenage high-school student in China sold his kidney for an illicit transplant operation and used the proceeds to buy an Apple iPhone and iPad, state press said on Friday. The 17-year-old boy, who was paid 22,000 yuan ($3,500), was recruited from an onl
Published 07 Apr, 2012 12:00am
Prime Minister approves Mirza's reappointment

Prime Minister approves Mirza's reappointment

Prime Minister Syed Yusuf Raza Gilani on Friday approved the reappointment of Mirza Qamar Beg as the Director of the Board of Directors of State Bank of Pakistan for a second term of three years with effect from May 26. The Prime Minister made the approva
Published 07 Apr, 2012 12:00am
Prime Minister approves Mirza's reappointment

Prime Minister approves Mirza's reappointment

Prime Minister Syed Yusuf Raza Gilani on Friday approved the reappointment of Mirza Qamar Beg as the Director of the Board of Directors of State Bank of Pakistan for a second term of three years with effect from May 26. The Prime Minister made the approva
Published 07 Apr, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 07 Apr, 2012 12:00am
Prime Minister approves Mirza''s reappointment

Prime Minister approves Mirza''s reappointment

Prime Minister Syed Yusuf Raza Gilani on Friday approved the reappointment of Mirza Qamar Beg as the Director of the Board of Directors of State Bank of Pakistan for a second term of three years with effect from May 26. The Prime Minister made the approva
Published 07 Apr, 2012 12:00am
US freezes pay for CEOs at Ally Financial, General Motors, AIG

US freezes pay for CEOs at Ally Financial, General Motors, AIG

The US Treasury Department said on Friday that overall compensation for the chief executives of the final three firms that got "exceptional" bailout assistance during the financial crisis has been frozen for the second year in a row. The ruling applies to
Published 07 Apr, 2012 12:00am
US freezes pay for CEOs at Ally Financial, General Motors, AIG

US freezes pay for CEOs at Ally Financial, General Motors, AIG

The US Treasury Department said on Friday that overall compensation for the chief executives of the final three firms that got "exceptional" bailout assistance during the financial crisis has been frozen for the second year in a row. The ruling applies to
Published 07 Apr, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 07 Apr, 2012 12:00am
US freezes pay for CEOs at Ally Financial, General Motors, AIG

US freezes pay for CEOs at Ally Financial, General Motors, AIG

The US Treasury Department said on Friday that overall compensation for the chief executives of the final three firms that got "exceptional" bailout assistance during the financial crisis has been frozen for the second year in a row. The ruling applies to
Published 07 Apr, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Apr, 2012 12:00am
Zardari again launches broadside on Sharifs

Zardari again launches broadside on Sharifs

President Asif Ali Zardari once again launched broadside against the Sharif brothers, saying: "I know how to tackle to deal with arrogance of Punjabis". Speaking to party workers at Governor's House, President Zardari said that his party had not indulged
Published 07 Apr, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Apr, 2012 12:00am
Zardari again launches broadside on Sharifs

Zardari again launches broadside on Sharifs

President Asif Ali Zardari once again launched broadside against the Sharif brothers, saying: "I know how to tackle to deal with arrogance of Punjabis". Speaking to party workers at Governor's House, President Zardari said that his party had not indulged
Published 07 Apr, 2012 12:00am
US will accept Iran civilian nuclear program

US will accept Iran civilian nuclear program

President Barack Obama has told Iran the United States would accept Tehran having a civilian nuclear program if the Islamic state can prove it is not seeking atomic weapons, the Washington Post said Friday. Obama sent such a message to Tehran via Turkish
Published 07 Apr, 2012 12:00am
US will accept Iran civilian nuclear program

US will accept Iran civilian nuclear program

President Barack Obama has told Iran the United States would accept Tehran having a civilian nuclear program if the Islamic state can prove it is not seeking atomic weapons, the Washington Post said Friday. Obama sent such a message to Tehran via Turkish
Published 07 Apr, 2012 12:00am
Certain bottlers found to be violating franchise pacts

Certain bottlers found to be violating franchise pacts

Directorate General of Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue (FBR) has clarified here on Friday that certain bottlers were involved in marketing of beverages in Khyber Pakhtunkhwa (KPK) in violation of their franchise
Published 07 Apr, 2012 12:00am
Certain bottlers found to be violating franchise pacts

Certain bottlers found to be violating franchise pacts

Directorate General of Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue (FBR) has clarified here on Friday that certain bottlers were involved in marketing of beverages in Khyber Pakhtunkhwa (KPK) in violation of their franchise
Published 07 Apr, 2012 12:00am
Certain bottlers found to be violating franchise pacts

Certain bottlers found to be violating franchise pacts

Directorate General of Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue (FBR) has clarified here on Friday that certain bottlers were involved in marketing of beverages in Khyber Pakhtunkhwa (KPK) in violation of their franchise
Published 07 Apr, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (April 06, 2012).

Published 07 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (April 06, 2012).

Published 07 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (April 06, 2012).

Published 07 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (April 06, 2012).

Published 07 Apr, 2012 12:00am
Prime Minister approves five General Officers retirement

Prime Minister approves five General Officers retirement

Prime Minister, Syed Yousuf Raza Gilani on the recommendation of the Chief of Army Staff, has approved the retirement of five General Officers from the Army on completion of their tenure / age limit. The Prime Minister approved the retirement of Lieutenan
Published 07 Apr, 2012 12:00am
THE RUPEE: dollar up further

THE RUPEE: dollar up further

The rupee extended decline against dollar on the currency market on Friday due rising demand for the greenback, dealers said. The rupee failed to resist further fall versus the dollar, losing 11 paisa for buying and selling at 90.55 and 90.57 in process o
Published 07 Apr, 2012 12:00am
Prime Minister approves five General Officers retirement

Prime Minister approves five General Officers retirement

Prime Minister, Syed Yousuf Raza Gilani on the recommendation of the Chief of Army Staff, has approved the retirement of five General Officers from the Army on completion of their tenure / age limit. The Prime Minister approved the retirement of Lieutenan
Published 07 Apr, 2012 12:00am
THE RUPEE: dollar up further

THE RUPEE: dollar up further

The rupee extended decline against dollar on the currency market on Friday due rising demand for the greenback, dealers said. The rupee failed to resist further fall versus the dollar, losing 11 paisa for buying and selling at 90.55 and 90.57 in process o
Published 07 Apr, 2012 12:00am
France summons Hungarian ambassador over reforms

France summons Hungarian ambassador over reforms

France summoned the Hungarian ambassador on Friday to express its objections to new legislation introduced in Hungary which Paris says has affected the work of French investors. The French foreign ministry said in a statement the changes had particularly
Published 07 Apr, 2012 12:00am
France summons Hungarian ambassador over reforms

France summons Hungarian ambassador over reforms

France summoned the Hungarian ambassador on Friday to express its objections to new legislation introduced in Hungary which Paris says has affected the work of French investors. The French foreign ministry said in a statement the changes had particularly
Published 07 Apr, 2012 12:00am
France summons Hungarian ambassador over reforms

France summons Hungarian ambassador over reforms

France summoned the Hungarian ambassador on Friday to express its objections to new legislation introduced in Hungary which Paris says has affected the work of French investors. The French foreign ministry said in a statement the changes had particularly
Published 07 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 06, 2012).

Published 07 Apr, 2012 12:00am
Pakistan and US to continue work towards curbing use of IEDs

Pakistan and US to continue work towards curbing use of IEDs

Pakistan and the United States on Friday agreed to keep on working collectively to curb use of Improvised Explosive Devices (IEDs). A US delegation led by Dr Peter Lavoy, US Assistant Secretary for Asia and Pacific Security, called on Minister for Interio
Published 07 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 06, 2012).

Published 07 Apr, 2012 12:00am
Budget preparations: FBR making security, other arrangements for staff

Budget preparations: FBR making security, other arrangements for staff

The Federal Board of Revenue is in the process of making all security and boarding/lodging arrangements for staff engaged in preparations of Finance Bill 2012-13 prior to its presentation before the Parliament. Sources told Business Recorder here o
Published 07 Apr, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (April 06, 2012).

Published 07 Apr, 2012 12:00am
Directives to curb illegal parking on service roads

Directives to curb illegal parking on service roads

Commissioner Lahore Division Jawad Rafiq Malik has ordered to curb all kind of unlawful parking on service roads from PIC to Cricket House within three days. He also directed for shifting of all vehicles to the newly constructed parking area behind Jail R
Published 07 Apr, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (April 06, 2012).

Published 07 Apr, 2012 12:00am
'CCBPL Day of Caring' celebrated across six cities

'CCBPL Day of Caring' celebrated across six cities

Coca-Cola Beverages Pakistan Ltd (CCBPL) celebrated the "CCBPL Day of Caring" on April 05, 2012 nation-wide, across six cities in its continuous efforts to build a culture of corporate social responsibility and the spirit of volunteerism. In this activity
Published 07 Apr, 2012 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 07 Apr, 2012 12:00am
Canada to construct college, school in Hattian Dopatta

Canada to construct college, school in Hattian Dopatta

Canadian High Commissioner to Pakistan, Ross Hynes, visited the Union Council of Hattian Dopatta to break ground for the construction of a Government Girls Degree College and a Government Boys High School. This college and high school are part of a $20 mi
Published 07 Apr, 2012 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 07 Apr, 2012 12:00am
CNG stations' closure

CNG stations' closure

All the CNG stations in Sindh including Karachi will remain closed for 24 hours from 9 am on April 7 till 9 am on April 8 under gas load management strategy. According to an announcement of Sui Southern Gas Company (SSGC) here on Friday, this step is bein
Published 07 Apr, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 06, 2012).

Published 07 Apr, 2012 12:00am
691 medical officers appointed

691 medical officers appointed

Punjab Health Department has issued appointment/posting orders of as many as 691 medical officers/women medical officers in different government hospitals of the province. These doctors included 436 postgraduate trainees also, a spokesman of Health Depart
Published 07 Apr, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 06, 2012).

Published 07 Apr, 2012 12:00am
JUP leader gunned down

JUP leader gunned down

Jamiat Ulma-e-Pakistan (JUP) provincial leader Maulana Mohammad Qasim was gunned down on Sariab Road on Friday. Police said unidentified armed men barged into the house of Maulana Qasim and opened indiscriminate fire at him. As a result he sustained sever
Published 07 Apr, 2012 12:00am
The Weather

The Weather

The weather report on Friday (April 06, 2012) and the forecast for Saturday (April 07, 2012).

Published 07 Apr, 2012 12:00am
SBCA distributes cheques among heirs of dead employees

SBCA distributes cheques among heirs of dead employees

The Sindh Building Control Authority (SBCA) distributed financial assistance cheques of Rs 4.8 million among the heirs of the officers and employees who died in service from 2006 to 2011. An official of the SBCA said that a ceremony to this effect was hel
Published 07 Apr, 2012 12:00am
Pre-election gimmick! no increase in tax rates likely

Pre-election gimmick! no increase in tax rates likely

As a pre-election strategy, the government, despite facing strong resistance from economic managers, is contemplating not to increase tax rates or impose new taxes in Budget 2012-13, Business Recorder learnt Friday.
Published 07 Apr, 2012 12:00am
Sensitive topics off table as Zardari visits India

Sensitive topics off table as Zardari visits India

President Asif Ali Zardari will on Sunday become the first Pakistani head of state since 2005 to visit arch-rival India when he makes a trip that includes lunch with Prime Minister Manmohan Singh. During what officials from both sides describe as a "priva
Published 07 Apr, 2012 12:00am
Deadly breast cancer has genetic diversity

Deadly breast cancer has genetic diversity

A group of scientists have found that triple negative breast cancer has genetic diversity in its tumours, which may change the way it is treated. The findings, published by Journal Nature, may also help explain why triple negative breast cancer, which rep
Published 07 Apr, 2012 12:00am
Petition against Prime Minister: hearing adjourned to April 20

Petition against Prime Minister: hearing adjourned to April 20

A full bench of the Lahore High Court here Friday allowed time to federal government's counsel to file a reply in response to a petition seeking disqualification of Prime Minister Syed Yousuf Raza Gilani. Deputy Attorney General Aazar Latif appeared befor
Published 07 Apr, 2012 12:00am
Four accused including 'target killer' arrested

Four accused including 'target killer' arrested

Police on Friday arrested four accused including a target killer from different areas of the metropolis. Kharadar police arrested an accused wanted in various cases of extortion and kidnapping for ransom. Police said during initial course of investigation
Published 07 Apr, 2012 12:00am
Gift of Pakistani kinnows appreciated by Indonesian dignitaries

Gift of Pakistani kinnows appreciated by Indonesian dignitaries

A special consignment of 800 kilograms kinnows procured by the Embassy from Pakistan through prominent exporters, Durrani Associates, has been presented as gifts to prominent Indonesian personalities, including ministers, senior officials, socialites and
Published 07 Apr, 2012 12:00am
DG PDMA directs officers to update flood plan

DG PDMA directs officers to update flood plan

Director General Provincial Disaster Management Authority (PDMA), Mujahid Sherdil has directed officers of all concerned departments and officials of districts to update the flood plan in the light of upcoming monsoon season and environmental changes so t
Published 07 Apr, 2012 12:00am
Three PPP activists among eight killed in city

Three PPP activists among eight killed in city

At least eight people including three Pakistan People's Party (PPP) workers were killed in violent incidents in different parts of the city here on Friday, police and rescue sources said. Police said that four PPP activists were targeted by unidentified a
Published 07 Apr, 2012 12:00am
Shahbaz orders stern action against 'guest houses'

Shahbaz orders stern action against 'guest houses'

Punjab Chief Minister Shahbaz Sharif has ordered stern action against the brothels operating as guest houses in the province. He directed Provincial Law Minister Rana Sanaullah Khan to evolve a comprehensive strategy with the consultation of the concerned
Published 07 Apr, 2012 12:00am
Tehreek-e-Hurriyet concerned over declining health of detainees

Tehreek-e-Hurriyet concerned over declining health of detainees

Tehreek-e-Hurriyet Jammu and Kashmir has expressed serious concern over deteriorating health of illegally detained Hurriyet leader, Syed Imtiaz Haider and a student activist, Nazir Ahmad Ganai in jail. A spokesman for the Tehreek-e-Hurriyet, in a statemen
Published 07 Apr, 2012 12:00am
Budget Fiscal year 2013: Rs 45 billion earmarked for water projects

Budget Fiscal year 2013: Rs 45 billion earmarked for water projects

Finance Ministry has earmarked Rs 45 billion for water projects in forthcoming financial year (2012-13) budget, it is learnt. According to sources, Finance Ministry has given ceiling of Rs 45 billion for reprioritisation of water projects to the Ministry
Published 07 Apr, 2012 12:00am
'Kashmiris are determined to continue struggle'

'Kashmiris are determined to continue struggle'

Veteran Kashmiri Hurriyet leader, Syed Ali Geelani has said that the Kashmiris are determined to continue their struggle for securing their right to self-determination till it reaches its logical end. Geelani in a statement issued in Srinagar made it clea
Published 07 Apr, 2012 12:00am
Seminar on challenges to higher education on April 16

Seminar on challenges to higher education on April 16

The Inter-University Consortium for Promotion of Social Sciences, Arts and Humanities Pakistan (IUCPSS) will organise a seminar on "Current Challenges for Higher Education Sector in Pakistan" on April 16. The seminar is being organised in collaboration wi
Published 07 Apr, 2012 12:00am
SPARC holds series of seminars on child rights, protection

SPARC holds series of seminars on child rights, protection

Society for the Protection of the Rights of the Child (SPARC) in collaboration with Institute of Social work, Sociology, and Gender Studies, University of Peshawar (UoP) organised a certificate distribution ceremony for the students of Institute of Social
Published 07 Apr, 2012 12:00am
Seminar on ageing and health held

Seminar on ageing and health held

HelpAge International Pakistan, in collaboration with World Health Organisation (WHO), on Friday organised a national seminar on ageing and health with the theme 'Age Demands Action on Health', which was attended by representatives of national institution
Published 07 Apr, 2012 12:00am
Japan provides $6 million for Afghan refugees

Japan provides $6 million for Afghan refugees

The Government of Japan has provided $6 million to the United Nations High Commissioner for Refugees (UNHCR) to support its Afghan refugees operations in Pakistan. A statement issued by the embassy of Japan on Friday said that the current assistance is a
Published 07 Apr, 2012 12:00am
World Health Day today

World Health Day today

Like other parts of the globe, World Health Day will also be observed in Pakistan on Saturday (today) to mark the anniversary of the founding of World Health Organisation (WHO) in 1948. Several activities have been planned to mark the day by public and pr
Published 07 Apr, 2012 12:00am
Leader of Opposition hits out at Zardari

Leader of Opposition hits out at Zardari

Opposition Leader in the National Assembly Chaudhry Nisar Ali Khan on Friday said that the day was not far away when people would knock down President Asif Ali Zardari. After the recent tirade against PML-N Chief Nawaz Sharif by Zardari in Lahore, the war
Published 07 Apr, 2012 12:00am
Kalabagh Dam can help resolve energy crisis: Salman Shah

Kalabagh Dam can help resolve energy crisis: Salman Shah

The Kalabagh dam (KBD) is the only short-term option to overcome the energy crisis and revive the country's stagnant economy, former finance minister and prominent economist Dr Salman Shah said on Friday. He was speaking at an energy conference arranged b
Published 07 Apr, 2012 12:00am
Import of used cars: exchequer suffers Rs 10 billion loss in six months

Import of used cars: exchequer suffers Rs 10 billion loss in six months

Chairman Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has said that the government has suffered a loss of over Rs 10 billion in the past six months on account of customs duty loss by allowing import of used cars under sp
Published 07 Apr, 2012 12:00am
'Negative image is hindering foreign investment'

'Negative image is hindering foreign investment'

British High Commissioner to Pakistan Adam Thomson has said that Pakistan government should make effort to create positive image of the country as its negative image is hindering foreign investments in the region. Thomson visited Punjab Board of Investmen
Published 07 Apr, 2012 12:00am
Short course on textile standards conducted

Short course on textile standards conducted

The Department of Textile Engineering and Technology, in collaboration with Ministry of Textile Industry, Textile Testing International (TTI) and University of Management and Technology (UMT), conducted a short course on the 'Importance of Global Textile
Published 07 Apr, 2012 12:00am
LCCI welcomes suspension of controversial SRO

LCCI welcomes suspension of controversial SRO

The Lahore Chamber of Commerce and Industry on Friday welcomed the suspension of controversial SRO 191 (I) 2012 and thanked Finance Minister Dr Abdul Hafeez Sheikh for accepting their demand. LCCI President Irfan Qaiser Sheikh in a statement said that the
Published 07 Apr, 2012 12:00am
APTAC to observe 'black day' on Sunday

APTAC to observe 'black day' on Sunday

Protest against severe loadshedding of electricity continues in industrial city and its adjoining towns and cities of Faisalabad Division, where 18-20 hour loadshedding has become a routine. The petroleum price hike is yielding new price hike for poor mas
Published 07 Apr, 2012 12:00am
'Government to overcome energy crisis before next poll'

'Government to overcome energy crisis before next poll'

Federal Information and Broadcasting Minister Dr Firdous Ashiq Awan has said the government will overcome energy crisis before the next general elections. Talking to media while inquiring after health of a senior journalist and writer Shafqat Tanveer Mirz
Published 07 Apr, 2012 12:00am
Quetta Express: LHC seeks reply from Secretary Railways

Quetta Express: LHC seeks reply from Secretary Railways

The Lahore High Court (LHC) on Friday sought reply from Secretary Railways on a petition challenging closure of Quetta Express train. The petitioner, a citizen, contended that it was the only train, which was being run in all the four provinces and hence
Published 07 Apr, 2012 12:00am
Contempt of court proceedings - directs DSP to file explanation

Contempt of court proceedings - directs DSP to file explanation

The Lahore High Court here on Friday observed that at police stations, police officers act smartly but the moment they appeared in courts, act dumb. The court observed this while taking strict notice of not appearing of a DSP Raza Safdar Kazmi in contempt
Published 07 Apr, 2012 12:00am
Transfer, posting

Transfer, posting

Lahore Development Authority (LDA) on Friday carried out transfer and posting. According to a notification, LDA Director General Ahad Khan Cheema has posted Mariam Kayani, a DMG officer, as Additional Director General (HQ) LDA, consequent upon her joining
Published 07 Apr, 2012 12:00am
PIDA to amend rules for farmers' organisations, area water boards

PIDA to amend rules for farmers' organisations, area water boards

Punjab Irrigation and Drainage Authority (PIDA) has decided to amend the rules for farmers' organisations and area water boards and send these to the provincial government for approval. These farmers' organisations and area water boards were constituted b
Published 07 Apr, 2012 12:00am
SCEP for early approval of Senior Citizens Bill

SCEP for early approval of Senior Citizens Bill

Senior Citizens Foundation of Pakistan (SCFP) has expressed its dissatisfaction over the Federal or provincial government's failure to enact or approve Senior Citizens Bill and highlighted concerns over poor health facilities for senior citizens that cons
Published 07 Apr, 2012 12:00am
FRESH concerned at trend of suicide among students

FRESH concerned at trend of suicide among students

Foundation for Education and Rehabilitation of Slow Children (FRESH) on Friday expressed concerns over rising trend of suicide among students for failing to get through annual exams. FRESH Secretary General Ashba Kamran said that three students in Dir, No
Published 07 Apr, 2012 12:00am
Irri developing new biotechnology rice varieties

Irri developing new biotechnology rice varieties

International Rice Research Institute (Irri-Philippines), is developing new biotechnology rice varieties, including Golden Rice, which will improve rice quality in an environmentally-sustainable way and will help rice farmers of the world to increase crop
Published 07 Apr, 2012 12:00am
Expert spells out reasons behind rise in diabetes

Expert spells out reasons behind rise in diabetes

Professor M Zaman Shaikh, Director, National Institute of Diabetes and Endocrinology, Dow University of Health Sciences, has warned that the diabetes epidemic in Pakistan was getting out of control. Sharing details of his ongoing research, on Friday, he s
Published 07 Apr, 2012 12:00am
BIEK annual exams to begin from May 7

BIEK annual exams to begin from May 7

The Higher Secondary School Certificate (HSC) annual examinations 2012 of pre-medical, pre-engineering, commerce (regular), medical technology, computer science and general groups would commence from May 7. This was announced by the Chairman of the Board
Published 07 Apr, 2012 12:00am
Water shortage imminent: industrialists concerned at KESC-KWSB row

Water shortage imminent: industrialists concerned at KESC-KWSB row

Industrialists have express concern over the deepening row between Karachi Electric Supply Company (KESC) and Karachi Water and Sewerage Board (KWSB), which started on the issue of electricity dues and resulted in the disconnection of power to water pumpi
Published 07 Apr, 2012 12:00am
OICCI, Sindh Judicial Academy hold seminar on IPR

OICCI, Sindh Judicial Academy hold seminar on IPR

In order to address issues on Intellectual Proper Rights (IPR) and its adverse effects, the Overseas Investors Chamber of Commerce & Industry (OICCI), in collaboration with the Sindh Judicial Academy (SJA) organised a seminar on the subject of Intellectua
Published 07 Apr, 2012 12:00am
Arbab's plea against unseating: SHC issues notices

Arbab's plea against unseating: SHC issues notices

A division bench of Sindh High Court (SHC) on Friday issued notices to respondents for April 12 in a petition against the Sindh Assembly's decision to unseat former chief minister Dr Arbab Ghulam Rahim. The bench comprising Justice Faisal Arab and Justice
Published 07 Apr, 2012 12:00am
AKTI calls convention of small traders

AKTI calls convention of small traders

All Karachi Tajir Ittehad (AKTI) on Friday announced to call a national convention to have discussion on forming a separate chamber for small traders to solve their all long-standing issues. Talking to Business Recorder, Vice-Chairman of AKTI Jamil
Published 07 Apr, 2012 12:00am
One killed in Kalat firing

One killed in Kalat firing

Unknown armed men shot dead a man and injured another in Mangocher area of the district on Friday. According to Levies Force, the victims were on their way when armed assailants riding a motorbike opened fire on them and fled from the scene. As a result,
Published 07 Apr, 2012 12:00am
Services of Dr Nabi Bux Baloch eulogised

Services of Dr Nabi Bux Baloch eulogised

The services of renowned scholar, researcher, historian, writer, intellectual and ex-vice chancellor of Sindh University Jamshoro Dr Nabi Bux Baloch were eulogised by the speakers at a seminar organised by Dr N A Baloch Institute of Research and Heritage
Published 07 Apr, 2012 12:00am
Steep fall in kinnow exports despite bumper crop

Steep fall in kinnow exports despite bumper crop

There has been a steep fall in the exports of Kinnow despite a bumper crop in the 2011-12 season. The export target was set at 300,000 tons but closed at lower volumes in the ranges of 200,000 ton, recording a shortfall of 100,000 ton. One of the reasons
Published 07 Apr, 2012 12:00am
Sustainable Transport Programme to be launched

Sustainable Transport Programme to be launched

A five-year project Pakistan Sustainable Transport Programme (PAKSTRAN) is in process to be simultaneously implemented in Karachi, Lahore and Islamabad/Rawalpindi with the motive to reduce the demand for energy consumption. A senior IUCN official told APP
Published 07 Apr, 2012 12:00am
'Sindhi conference' on April 10

'Sindhi conference' on April 10

A two-day Sindhi Conference will be held under the auspices of the Federal Urdu University of Arts, Science and Technology (FUUAST) and in collaboration with the Higher Education Commission (HEC) from April 10. The Vice-Chancellor of FUUAST, Professor Dr
Published 07 Apr, 2012 12:00am
Flawed wisdom behind fudged figures or pseudo-facts

Flawed wisdom behind fudged figures or pseudo-facts

The Federal Tax Ombudsman (FTO), Shoaib Suddle, has taken suo motu notice of the 2010-2011 revenue collection figures and accused the Federal Board of Revenue (FBR) of deliberately overstating revenue collections for the last fiscal year. This serious and
Published 07 Apr, 2012 12:00am
Party flags and public property

Party flags and public property

Co-chairing a special meeting at the Chief Minister's House on Sunday, Sindh Chief Minister Syed Qaim Ali Shah and Interior Minister Rehman Malik mulled over the fresh eruption of violence set off by targeted killings of political activists in Karachi. As
Published 07 Apr, 2012 12:00am
Behavioural issues in budget formulation

Behavioural issues in budget formulation

This is a critical year for budgeting. No matter who was in authority, the fact remains that the social conditions require that the power of the people involved in the formulation of the budget have to tell the people that the budget is to be determined o
Published 07 Apr, 2012 12:00am
LNG: potential of arbitrage: Gas under spotlight - I

LNG: potential of arbitrage: Gas under spotlight - I

The MPNR has been trying to implement the LNG import project for the last many years. Its high capital cost and even higher LNG prices have posed many problems. Our focus in this space is limited, that is to examine if it is possible to cause some reducti
Published 07 Apr, 2012 12:00am
Lebanese arms dealers cash in on Syria revolt

Lebanese arms dealers cash in on Syria revolt

Wearing dark glasses as he sat in a fashionable Beirut cafe, Abu Abode, a Lebanese arms dealer, did not mince his words as he described the flourishing business of smuggling weapons into neighbouring Syria. "Small arms and automatic rifles are in high dem
Published 07 Apr, 2012 12:00am
'Mohajir suba'

'Mohajir suba'

The issue of a separate 'Mohajir suba', which had started with poorly inscribed wall chalking, appearing in some parts of Karachi, seems to have been blown out of proportion. If members of an otherwise, ineffective and provincial assembly had not made suc
Published 07 Apr, 2012 12:00am
Fire prevention 'Village committees should be activated'

Fire prevention 'Village committees should be activated'

The village committees should be activated and locals be involved for prevention, detection and control of the fire incidents and the Capital Development Authority (CDA) must take all possible measures to protect the Margallah Hills National Park (MHNP).
Published 07 Apr, 2012 12:00am
Khyber Pakhtunkhwa businessmen repose confidence in MDTF project

Khyber Pakhtunkhwa businessmen repose confidence in MDTF project

The business community of Khyber Pakhtunkhwa has reposed full confidence in the procedural process of Multi-Donor Trust Funded (MDTF) project - Economic Revitalisation of Khyber Pakhtunkhwa and Fata (ERKF) - here on Friday. The project would help the busi
Published 07 Apr, 2012 12:00am
Pashtun writers, intellectuals urged to sensitise people on polio

Pashtun writers, intellectuals urged to sensitise people on polio

Deputy Director Expanded Programme on Immunisation (EPI), Khyber Pakhtunkhwa, Dr Jan Baz Afridi, has urged upon the Pashtun writers and intellectuals to sensitise their respective communities about polio that could disable their child for lifetime.
Published 07 Apr, 2012 12:00am
Two killed, many injured in Motorway accident

Two killed, many injured in Motorway accident

At least two persons lost their lives while two others sustained injuries when a passenger van hit a stalled car near Swabi Interchange on Motorway early Friday morning. According to Chota Lahore police, the driver of a car (RIN 8610) was fixing the tire
Published 07 Apr, 2012 12:00am
Transporters to observe countrywide strike on April 10

Transporters to observe countrywide strike on April 10

Transporters affiliated with different associations have announced that they would observe a countrywide wheel-jam strike from April 10 for an indefinite period against the unprecedented hike in petroleum and CNG prices, warning that the strike would cont
Published 07 Apr, 2012 12:00am
Second International Judicial Conference begins on April 13

Second International Judicial Conference begins on April 13

The three-day Second International Judicial Conference would be opened by the Chief Justice Iftikhar Muhammad Chaudhry on April 13 where delegates from developed and developing world, including Australia, Afghanistan, France, India, the Maldives, South Af
Published 07 Apr, 2012 12:00am
PML-Q reiterates support to PPP-led government

PML-Q reiterates support to PPP-led government

President of PML (Q) Chaudhry Shujaat Hussain and Senior Minister Chaudhry Pervez Elahi called on Prime Minister Syed Yousuf Raza Gilani at PM House on Friday and discussed political situation of the country. Shujaat Hussain said his party would continue
Published 07 Apr, 2012 12:00am
Visa seekers hold demo against Afghan Consulate

Visa seekers hold demo against Afghan Consulate

Scores of visa seekers from various areas of Khyber Pakhtunkhwa on Friday staged a protest demonstration on main Sher Shah Suri Road near the local press club against officials of the Afghan Consulate in Peshawar for lengthy delays in issuance of visas.
Published 07 Apr, 2012 12:00am
Rotary to sponsor surgery of 1,000 children

Rotary to sponsor surgery of 1,000 children

Rotary Humanit-arian Trust is providing support to poor and deserving children in Pakistan and India who are suffering from congenital heart disease. As part of the peace initiative Rotarians in both countries have joined hands to provide complete surgery
Published 07 Apr, 2012 12:00am
LHC establishes Green Benches

LHC establishes Green Benches

Lahore High Court Chief Justice, Sh. Azmat Saeed on Friday established Green Benches comprising the LHC judges and declared all courts of district & sessions judges (D&SJs) and senior civil judges as Green Courts to hear all cases related to environmental
Published 07 Apr, 2012 12:00am
JuD activists hold protest rally

JuD activists hold protest rally

Hundreds of Jamaat-ud Dawa'h activists took out a protest rally on Friday to condemn US over $10 million head money on JuD Ameer Hafiz Mohammad Saeed and demanded of President Asif Ali Zardari to put off his planned visit to India. They were shouting slog
Published 07 Apr, 2012 12:00am
Isolated rain, dust/thunderstorm likely during 24 hours

Isolated rain, dust/thunderstorm likely during 24 hours

Pakistan Meteorological Department (PMD) on Friday forecast isolated rain/dust-thunderstorm for Rawalpindi, Peshawar, Hazara, Kohat divisions, Kashmir and Gilgit-Baltistan during the next 24 hours. According to met analysis, continental air is prevailing
Published 07 Apr, 2012 12:00am
Two Pakistanis among four killed near Athens

Two Pakistanis among four killed near Athens

An elderly Greek couple were killed by a train outside Athens on Friday when their car became stuck on the tracks, along with two Pakistani migrants who were also on the scene, the semi-state Athens News Agency said. A third Pakistani migrant was injured
Published 07 Apr, 2012 12:00am
Commissioner for expediting work on New Balakot City Project

Commissioner for expediting work on New Balakot City Project

The Commissioner Hazara has issued a rebuttal in response to a news item appeared in a section of press blaming the provincial government for delay in implementation of New Balakot City project. According to a hand out issued on Friday, it was clarified t
Published 07 Apr, 2012 12:00am
Cash flow problems hurting 46 NHA projects

Cash flow problems hurting 46 NHA projects

As many as 46 ongoing development projects of National Highway Authority (NHA) costing Rs 245.3 billion are facing problems because of financial constraints, official sources told to Business Recorder on Friday. The government had earmarked Rs 36 b
Published 07 Apr, 2012 12:00am
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