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Print - 2004-03-08
Israeli troops kill 14 Palestinians

Israeli troops kill 14 Palestinians

At least 14 Palestinians were killed and some 81 wounded on Sunday as scores of Israeli troops targeted two refugee camps in central Gaza, hours after an elaborate Palestinian suicide mission was botched.
Published 08 Mar, 2004 12:00am
Israeli troops kill 14 Palestinians

Israeli troops kill 14 Palestinians

At least 14 Palestinians were killed and some 81 wounded on Sunday as scores of Israeli troops targeted two refugee camps in central Gaza, hours after an elaborate Palestinian suicide mission was botched.
Published 08 Mar, 2004 12:00am
One injured as rockets hit US headquarters in Baghdad

One injured as rockets hit US headquarters in Baghdad

At least three rockets hit a landmark Baghdad hotel late on Sunday inside the grounds of the US-led coalition headquarters, lightly wounding one contractor, US Brigadier General Mark Kimmitt said.
Published 08 Mar, 2004 12:00am
One injured as rockets hit US headquarters in Baghdad

One injured as rockets hit US headquarters in Baghdad

At least three rockets hit a landmark Baghdad hotel late on Sunday inside the grounds of the US-led coalition headquarters, lightly wounding one contractor, US Brigadier General Mark Kimmitt said.
Published 08 Mar, 2004 12:00am
Indian visa camp office at Karachi soon, says Menon

Indian visa camp office at Karachi soon, says Menon

Indian High Commissioner in Pakistan Shiv Shanker Menon said here on Sunday that a visa camp office would be opened soon to facilitate a large number of Pakistani visitors from Karachi.
Published 08 Mar, 2004 12:00am
Indian visa camp office at Karachi soon, says Menon

Indian visa camp office at Karachi soon, says Menon

Indian High Commissioner in Pakistan Shiv Shanker Menon said here on Sunday that a visa camp office would be opened soon to facilitate a large number of Pakistani visitors from Karachi.
Published 08 Mar, 2004 12:00am
Low cap helps KSE to touch 4,900 level

Low cap helps KSE to touch 4,900 level

The major movement in the second- and third-tier stocks helped the Karachi Stock Exchange index to close at the coveted level of 4900 during last week but needed some positive developments from the political and economic sectors to build a strong rally.
Published 08 Mar, 2004 12:00am
Low cap helps KSE to touch 4,900 level

Low cap helps KSE to touch 4,900 level

The major movement in the second- and third-tier stocks helped the Karachi Stock Exchange index to close at the coveted level of 4900 during last week but needed some positive developments from the political and economic sectors to build a strong rally.
Published 08 Mar, 2004 12:00am
Badla rates decline to 6.9 percent

Badla rates decline to 6.9 percent

The weighted average badla rate at Karachi Stock Exchange stood at 6.9 percent. This represented only a minor decline of 10 basis points when compared with the previous average rate of 7.0 percent.
Published 08 Mar, 2004 12:00am
Badla rates decline to 6.9 percent

Badla rates decline to 6.9 percent

The weighted average badla rate at Karachi Stock Exchange stood at 6.9 percent. This represented only a minor decline of 10 basis points when compared with the previous average rate of 7.0 percent.
Published 08 Mar, 2004 12:00am
'Government committed to reducing poverty'

'Government committed to reducing poverty'

Federal Finance Minister Shaukat Aziz on Sunday said that government was determined to reducing poverty, improving living standard of the common man and supporting rural development organisations for socio-economic development.
Published 08 Mar, 2004 12:00am
'Government committed to reducing poverty'

'Government committed to reducing poverty'

Federal Finance Minister Shaukat Aziz on Sunday said that government was determined to reducing poverty, improving living standard of the common man and supporting rural development organisations for socio-economic development.
Published 08 Mar, 2004 12:00am
Cement exports up by 195 percent

Cement exports up by 195 percent

Cement exports in the first eight months of the current fiscal year recorded an increase of 195 percent, mainly to Afghanistan, and local sales depicted a rise because construction activity geared up following incentives announced by the government and ch
Published 08 Mar, 2004 12:00am
Cement exports up by 195 percent

Cement exports up by 195 percent

Cement exports in the first eight months of the current fiscal year recorded an increase of 195 percent, mainly to Afghanistan, and local sales depicted a rise because construction activity geared up following incentives announced by the government and ch
Published 08 Mar, 2004 12:00am
Pakistan rejects Australian wheat

Pakistan rejects Australian wheat

Pakistan's grain authorities have rejected all four shipments of Australian wheat, totalling 150,000 tons, after re-examination proved that the grain was contaminated with 'Karnal bunt fungus', officials said on Sunday.
Published 08 Mar, 2004 12:00am
Pakistan rejects Australian wheat

Pakistan rejects Australian wheat

Pakistan's grain authorities have rejected all four shipments of Australian wheat, totalling 150,000 tons, after re-examination proved that the grain was contaminated with 'Karnal bunt fungus', officials said on Sunday.
Published 08 Mar, 2004 12:00am
Betting turnover to double from World Cup 2003

Betting turnover to double from World Cup 2003

Total betting turnover on 'Mother of All Series' Pakistan-India is expected to be doubled as compared to money involved during the World Cup 2003 at South Africa.
Published 08 Mar, 2004 12:00am
Betting turnover to double from World Cup 2003

Betting turnover to double from World Cup 2003

Total betting turnover on 'Mother of All Series' Pakistan-India is expected to be doubled as compared to money involved during the World Cup 2003 at South Africa.
Published 08 Mar, 2004 12:00am
Asia warily entering era of 3G mobile phones

Asia warily entering era of 3G mobile phones

Michelle Tham fires off 10 text messages a day from her bright red mobile phone, arranging dinner dates, dashing off notes to clients, and even drawing up her weekly grocery list.
Published 08 Mar, 2004 12:00am
Big-money funds betting longer-term on oil

Big-money funds betting longer-term on oil

Big-money fund managers increasingly see the energy market as a place for long-term investment rather than somewhere to make a quick buck, a shift that is giving fresh legs to oil's long price boom, analysts said on Wednesday.
Published 08 Mar, 2004 12:00am
General Abizaid arriving on March 21

General Abizaid arriving on March 21

Commander-in-Chief of US Central Command (Centcom), General John Abizaid is expected to visit Pakistan in the third week of March to discuss hosts of issues, particularly consultations on strategies to launch operation simultaneously in Afghanistan and Pa
Published 08 Mar, 2004 12:00am
General Abizaid arriving on March 21

General Abizaid arriving on March 21

Commander-in-Chief of US Central Command (Centcom), General John Abizaid is expected to visit Pakistan in the third week of March to discuss hosts of issues, particularly consultations on strategies to launch operation simultaneously in Afghanistan and Pa
Published 08 Mar, 2004 12:00am
Gulf consortium to invest $1.2 billion in power project

Gulf consortium to invest $1.2 billion in power project

Consortium of Gulf Entrepreneurs has planned to invest $1.2 billion in Neelum-Jhelum Hydroelectric Power Generation Project having total capacity of 1000 MW, in the area of Azad Jammu and Kashmir.
Published 08 Mar, 2004 12:00am
Gulf consortium to invest $1.2 billion in power project

Gulf consortium to invest $1.2 billion in power project

Consortium of Gulf Entrepreneurs has planned to invest $1.2 billion in Neelum-Jhelum Hydroelectric Power Generation Project having total capacity of 1000 MW, in the area of Azad Jammu and Kashmir.
Published 08 Mar, 2004 12:00am
Red Crescent official killed in Afghanistan

Red Crescent official killed in Afghanistan

Two gunmen shot dead Mohammmad Isa, head of the Afghan Red Crescent in Zabul province, on Saturday near the provincial capital Qalat, an official said on Sunday.
Published 08 Mar, 2004 12:00am
16 killed in occupied valley bus accident

16 killed in occupied valley bus accident

Sixteen people were killed and 26 injured on Sunday when a bus in which they were travelling swerved off the road and crashed down a mountainside in occupied Jammu and Kashmir state, occupation police said.
Published 08 Mar, 2004 12:00am
16 killed in occupied valley bus accident

16 killed in occupied valley bus accident

Sixteen people were killed and 26 injured on Sunday when a bus in which they were travelling swerved off the road and crashed down a mountainside in occupied Jammu and Kashmir state, occupation police said.
Published 08 Mar, 2004 12:00am
Advani hopeful of tension-free ties with Pakistan

Advani hopeful of tension-free ties with Pakistan

India's Deputy Prime Minister Lal Krishna Advani expressed confidence on Sunday that the latest peace initiatives between India and Pakistan would end the five decades of hostility between the two neighbours.
Published 08 Mar, 2004 12:00am
Advani hopeful of tension-free ties with Pakistan

Advani hopeful of tension-free ties with Pakistan

India's Deputy Prime Minister Lal Krishna Advani expressed confidence on Sunday that the latest peace initiatives between India and Pakistan would end the five decades of hostility between the two neighbours.
Published 08 Mar, 2004 12:00am
Commerzbank to woo smaller corporate clients

Commerzbank to woo smaller corporate clients

Germany's Commerzbank aims to boost business with small and medium-sized companies as a key part of its drive to return to the black following last year's 2.3 billion euro ($2.8 billion) loss.
Published 08 Mar, 2004 12:00am
Four killed in occupied Kashmir

Four killed in occupied Kashmir

Occupation security forces killed three freedom fighters in the latest violence in occupied Kashmir, while suspected freedom fighters shot dead a civilian, police said on Sunday.
Published 08 Mar, 2004 12:00am
Four killed in occupied Kashmir

Four killed in occupied Kashmir

Occupation security forces killed three freedom fighters in the latest violence in occupied Kashmir, while suspected freedom fighters shot dead a civilian, police said on Sunday.
Published 08 Mar, 2004 12:00am
Human Rights Watch claims US abuses in Afghanistan

Human Rights Watch claims US abuses in Afghanistan

US forces in Afghanistan used excessive force during arrests of suspected terrorists, resulting in avoidable civilian deaths and possibly violating international law, Human Rights Watch said on Sunday.
Published 08 Mar, 2004 12:00am
India proposes special trains for cricket fans

India proposes special trains for cricket fans

Indian Railways has proposed running of some special trains to Pakistan to facilitate cricket lovers who want to see the forthcoming Indo-Pak cricket series.
Published 08 Mar, 2004 12:00am
Judicial inquiry into murder of MPA ordered

Judicial inquiry into murder of MPA ordered

The Sindh Governor Dr. Ishratul Ebad and Chief Minister Sardar Ali Mohammad Mahar have ordered judicial inquiry into the murder of MPA Abdullah Murad Baloch.
Published 08 Mar, 2004 12:00am
Tribesmen form armed force to hunt Al Qaeda and Taleban

Tribesmen form armed force to hunt Al Qaeda and Taleban

Tribal chiefs have raised a force of some 600 armed tribesmen to hunt suspected foreign terrorists hiding in the remote semi-autonomous South Waziristan tribal region bordering Afghanistan.
Published 08 Mar, 2004 12:00am
Over 200 PPP activists held in Malir raids

Over 200 PPP activists held in Malir raids

Police in late night raids arrested at least 200 activists of People's Party from Malir area while officials confirmed that 50 people were held for their alleged involvement in triggering violence at National Highway and adjoining areas.
Published 08 Mar, 2004 12:00am
30 suspects arrested for Quetta attack

30 suspects arrested for Quetta attack

Authorities have detained 30 people in connection with an attack on Ashura procession in Quetta, police said on Sunday.
Published 08 Mar, 2004 12:00am
My son is a brave person: Zareen Musharraf

My son is a brave person: Zareen Musharraf

Begum Zareen Musharraf, mother of President General Pervez Musharraf, has said in an interview telecast by PTV network on Sunday night that her son, Pervez Musharraf, is a very brave person who has implicit faith in Allah and is never afraid for his life,
Published 08 Mar, 2004 12:00am
Over 200 foundries and engineering units closed down in Faisalabad

Over 200 foundries and engineering units closed down in Faisalabad

More than 200 foundries and small scale engineering units have been closed down in Faisalabad due to artificial shortage and sky-rocketing prices of pig iron, hard coke, and billets, etc while construction work in housing colonies came to a halt.
Published 08 Mar, 2004 12:00am
Lady councillor shot dead

Lady councillor shot dead

A lady councillor of Taluka Council Rohri was shot dead by her relatives over property dispute in T and T Colony, Rohri here between Saturday and Sunday night.
Published 08 Mar, 2004 12:00am
Prime Minister promises funds for Sargodha road expansion

Prime Minister promises funds for Sargodha road expansion

District Nazim Chaudhry Zahid Nazir has said Prime Minister Mir Zafar Ullah Khan Jamali has agreed to arrange funds for the future expansion of Sargodha Road, while Punjab Chief Minister Chaudhry Pervaiz Elahi has assured his help for the repair and expan
Published 08 Mar, 2004 12:00am
Sasta atta scheme provides relief to poor: minister

Sasta atta scheme provides relief to poor: minister

Provincial Minister for Food, Chaudhry Muhammad Iqbal has said that the "Sasta Atta" scheme of Chief Minister Punjab has provided financial relief to the poor families and there is no shortage of atta in Punjab.
Published 08 Mar, 2004 12:00am
Smeda to set up common facility centres

Smeda to set up common facility centres

Small and Medium Enterprise Development Authority (Smeda) will establish 'common facility centres' in SMEs clusters with financial assistance of the Asian Development Bank (ADB) in the country.
Published 08 Mar, 2004 12:00am
NLM threatens to launch agitation

NLM threatens to launch agitation

The National Labour Movement (NLM) has announced one week deadline for acceptance of their demands failing which they would be constrained to resort sit-in and other protest methods.
Published 08 Mar, 2004 12:00am
Patchy trading witnessed on commodity markets

Patchy trading witnessed on commodity markets

Patchy trading was marked in commodity trading truncated four-day trading due to long Muharram holidays. Traders close businesses when banks do not open, traders said.
Published 08 Mar, 2004 12:00am
Tax Ombudsman ends taxpayer's travails

Tax Ombudsman ends taxpayer's travails

Federal Tax Ombudsman Justice Saleem Akhtar has ended the travails of a tax payer who has been demanding refund of over Rs 5 million relating to tax payments and penalties for assessment years 1987-88 and 1988-89.
Published 08 Mar, 2004 12:00am
450 candidates appear in Nadra online tests

450 candidates appear in Nadra online tests

More than 450 candidates appeared in an online test conducted by the National Database and Registration Authority (Nadra) for National Telecommunication Corporation (NTC).
Published 08 Mar, 2004 12:00am
Strike observed in parts of Sindh

Strike observed in parts of Sindh

A spokesman of Sindh government said on Sunday that a partial strike was observed in some parts of the province on Saturday.
Published 08 Mar, 2004 12:00am
EU dumping duty adversely affects cotton market

EU dumping duty adversely affects cotton market

Anti-dumping duty by European Union (EU) effective from March 4, 2004, and yarn continuing to show no prospect of rise had combined adverse effect on 3-day trading in cotton during the week ended on March 5, 2004.
Published 08 Mar, 2004 12:00am
WWO calls for end to anti-women laws

WWO calls for end to anti-women laws

Working Women Organisation (WWO) representatives have demanded of the government to abolish anti-women laws, including Hudood Ordinance, and take concrete steps to ensure implementation of existing labour laws in letter and spirit.
Published 08 Mar, 2004 12:00am
PPPP slams Murad's murder

PPPP slams Murad's murder

Pakistan People's Party Parliamentarian (PPPP) secretary-general Jhangir Badr said on Sunday while criticising murder of his party's Sindh MPA Abdullah Murad, has asked provincial government to resign.
Published 08 Mar, 2004 12:00am
Punjab governor holds reception for children

Punjab governor holds reception for children

Punjab Governor Lieutenant-General Khalid Maqbool (Retd) gave a reception in honour of children participating in Annual Fund Raising Walk of SOS Children Village Pakistan at Lahore on Sunday.
Published 08 Mar, 2004 12:00am
Commercialisation in medical profession deplored

Commercialisation in medical profession deplored

Federal Health Minister Mohammad Nasir Khan on Sunday deplored growing commercialisation in the medical field, and asked the specialist medical doctors to play their role in provision of cost-effective medical treatment to poor masses.
Published 08 Mar, 2004 12:00am
Number of women journalists increased: KUJ

Number of women journalists increased: KUJ

There has been an increase in the number of women journalists in the country particularly with the introduction of private TV news channels during the past couple of years.
Published 08 Mar, 2004 12:00am
Possibilities of using domestic iron ore at Pakistan Steel discussed

Possibilities of using domestic iron ore at Pakistan Steel discussed

The Provincial Minister for Mines and Minerals, Government of Punjab, M. Sibtain Khan called on the Chairman Pakistan Steel (PS), Lieutenant General Abdul Qayyum (Retd) recently, at his office at Operations Building of Pakistan Steel and discussed possibi
Published 08 Mar, 2004 12:00am
Rs 710 million package for Rawalpindi, Kalar Syedan made Tehsil

Rs 710 million package for Rawalpindi, Kalar Syedan made Tehsil

Punjab Chief Minister Pervaiz Ellahi on Sunday announced a Rs 710 million package for Rawalpindi, besides making Kalar Syedan a Tehsil and approved appointment of 600 teachers to provide teachers to schools in Rawalpindi.
Published 08 Mar, 2004 12:00am
Sindh governor orders completion of rural water schemes

Sindh governor orders completion of rural water schemes

Sindh Governor, Dr Ishratul Ibad Khan has directed that all ongoing water supply schemes under Annual Development Programme (ADP), specially in the rural areas should be completed by end of June 2004.
Published 08 Mar, 2004 12:00am
Export trophy function to be held in Rawalpindi

Export trophy function to be held in Rawalpindi

Export trophy function will be arranged to encourage industrialists, exporters and traders of the area to step up activities in order to strengthen the country's economy, said Hussain Ahmed Ozgen, President of Rawalpindi Chamber of Commerce and Industry (
Published 08 Mar, 2004 12:00am
Wapda launches countrywide dues recovery drive

Wapda launches countrywide dues recovery drive

The Water and Power Development Authority (Wapda) has launched nation-wide campaign for the recovery of Rs 44,296 billion stuck up arrears from defaulters.
Published 08 Mar, 2004 12:00am
'DHA projects to be completed as per schedule'

'DHA projects to be completed as per schedule'

Defence Housing Authority (DHA) Administrator Brigadier Maqsood Hussain has said the recently launched development projects by the DHA were progressing as per the stipulated time schedule.
Published 08 Mar, 2004 12:00am
Punjab Tameer-e-Wattan Programme: RCB creates hurdles in execution work

Punjab Tameer-e-Wattan Programme: RCB creates hurdles in execution work

Rawalpindi Cantonment Board (RCB) has not allowed the initiation of Punjab Tameer-e-Wattan Programme (PTWP) in its jurisdiction as a result of some legal obstacles. In spite of having funds of million of rupees the board could not start the development pr
Published 08 Mar, 2004 12:00am
Engineering Industry moot from March 12

Engineering Industry moot from March 12

An International Conference on Technology Up-gradation and Revamping in Engineering Industry is being held at Lahore from April 12 to 13, 2004. The exhibition of engineering materials, equipment, machinery and products is also being held in the exhibition
Published 08 Mar, 2004 12:00am
Pakistan on path of economic and industrial growth: minister

Pakistan on path of economic and industrial growth: minister

Federal Minister for Industries and Production Liaquat Jatoi has said that country is now on the path of economic and industrial growth which will help in eradication of unemployment, poverty and illiteracy.
Published 08 Mar, 2004 12:00am
Walk held in support of poultry industry

Walk held in support of poultry industry

A large number SME poultry farmers and leaders of several trade associations participated in a walk held here on Sunday to show support to the poultry industry.
Published 08 Mar, 2004 12:00am
Sellers lose further ground to buyers on cotton market

Sellers lose further ground to buyers on cotton market

The Pakistan Cotton Ginners' Association (PCGA) has decided not to release fortnightly cotton report up to March1, and now, understandably, it may be released by the middle of this month.
Published 08 Mar, 2004 12:00am
Sellers lose further ground to buyers on cotton market

Sellers lose further ground to buyers on cotton market

The Pakistan Cotton Ginners' Association (PCGA) has decided not to release fortnightly cotton report up to March1, and now, understandably, it may be released by the middle of this month.
Published 08 Mar, 2004 12:00am
Jashan-e-Baharan opening ceremony postponed

Jashan-e-Baharan opening ceremony postponed

Due to announcement of public gathering at hockey stadium here on March 11 the opening ceremony of Jashan-e-Baharan by Punjab Chief Minister Chaudhry Pervez Ilahi has been postponed.
Published 08 Mar, 2004 12:00am
Promoting Islamic banking

Promoting Islamic banking

The push towards transforming Pakistan's banking industry according to the tenets of Islam or more commonly known as Riba-free economy has seen many ups and downs since the establishment of the country.
Published 08 Mar, 2004 12:00am