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Print - 2004-11-01
Banking system starts benefiting small clients

Banking system starts benefiting small clients

For the first time the banking system has started benefiting the small clients, turning them from a saver to a borrower, according to the data collected by the State Bank of Pakistan. Hitherto, commercial banks traditionally catered to business needs only
Published 01 Nov, 2004 12:00am
Banking system starts benefiting small clients

Banking system starts benefiting small clients

For the first time the banking system has started benefiting the small clients, turning them from a saver to a borrower, according to the data collected by the State Bank of Pakistan. Hitherto, commercial banks traditionally catered to business needs only
Published 01 Nov, 2004 12:00am
SBP seems prepared to live with inflation

SBP seems prepared to live with inflation

The State Bank of Pakistan appears to be willing to live with inflationary pressures as cost for accelerating economic growth as it grapples with conflicting objective of moderating pressure on exchange rate while simultaneously containing sharp movements
Published 01 Nov, 2004 12:00am
SBP seems prepared to live with inflation

SBP seems prepared to live with inflation

The State Bank of Pakistan appears to be willing to live with inflationary pressures as cost for accelerating economic growth as it grapples with conflicting objective of moderating pressure on exchange rate while simultaneously containing sharp movements
Published 01 Nov, 2004 12:00am
Prime Minister sees GDP higher than 6.6 percent target

Prime Minister sees GDP higher than 6.6 percent target

Prime Minister Shaukat Aziz expected that the Gross Domestic Product (GDP) target would not only be met but exceed. This he attributed to better economic indicators in the first quarter with rise in revenue, investment, industrial production and better pr
Published 01 Nov, 2004 12:00am
Prime Minister sees GDP higher than 6.6 percent target

Prime Minister sees GDP higher than 6.6 percent target

Prime Minister Shaukat Aziz expected that the Gross Domestic Product (GDP) target would not only be met but exceed. This he attributed to better economic indicators in the first quarter with rise in revenue, investment, industrial production and better pr
Published 01 Nov, 2004 12:00am
25 killed as US forces prepare for Fallujah assault

25 killed as US forces prepare for Fallujah assault

Iraq was on the brink of an all-out assault on rebel-held Fallujah on Sunday as deadly clashes erupted between US troops and insurgents in the neighbouring city of Ramadi. Japan, meanwhile, vowed that Japanese troops would stand firm in Iraq after militan
Published 01 Nov, 2004 12:00am
25 killed as US forces prepare for Fallujah assault

25 killed as US forces prepare for Fallujah assault

Iraq was on the brink of an all-out assault on rebel-held Fallujah on Sunday as deadly clashes erupted between US troops and insurgents in the neighbouring city of Ramadi. Japan, meanwhile, vowed that Japanese troops would stand firm in Iraq after militan
Published 01 Nov, 2004 12:00am
'President's Kashmir ideas first mentioned to Mir Waiz'

'President's Kashmir ideas first mentioned to Mir Waiz'

New ideas floated by President Pervez Musharraf on resolving the Kashmir dispute were first revealed to a top Kashmiri leader before he went public with them last week, a report said on Sunday. Musharraf on October 25 called for debate on ways to end the
Published 01 Nov, 2004 12:00am
'US agents were close to capturing Osama weeks ago'

'US agents were close to capturing Osama weeks ago'

US intelligence officials believed a few weeks ago that they were close to capturing an al Qaeda member in Pakistan who could have led them to Osama bin Laden, Newsweek reported on Sunday. "It looked like we were really close, maybe one or two people away
Published 01 Nov, 2004 12:00am
Karzai's victory bodes well for Pakistan

Karzai's victory bodes well for Pakistan

Hamid Karzai's landslide victory in Afghanistan's first presidential election augurs well for Pakistan's key foreign policy goal of having a friendly, stable neighbour on its sensitive western border, analysts say. The fact that Karzai is from the ethnic
Published 01 Nov, 2004 12:00am
Iranian parliament backs uranium enrichment

Iranian parliament backs uranium enrichment

Iran's parliament passed a bill on Sunday backing the resumption of uranium enrichment, as the government left the door open for further negotiations with Europe over the controversial practice. The vote by the parliament was largely symbolic, but the for
Published 01 Nov, 2004 12:00am
Iranian parliament backs uranium enrichment

Iranian parliament backs uranium enrichment

Iran's parliament passed a bill on Sunday backing the resumption of uranium enrichment, as the government left the door open for further negotiations with Europe over the controversial practice. The vote by the parliament was largely symbolic, but the for
Published 01 Nov, 2004 12:00am
THE RUPEE: weak sentiment on currency market

THE RUPEE: weak sentiment on currency market

The rupee has managed to sustain its present levels versus the dollar amid several interventions by the State Bank of Pakistan (SBP) last week, experts observed, saying it seems the widening trade deficit might not allow the rupee to maintain its firmness
Published 01 Nov, 2004 12:00am
THE RUPEE: weak sentiment on currency market

THE RUPEE: weak sentiment on currency market

The rupee has managed to sustain its present levels versus the dollar amid several interventions by the State Bank of Pakistan (SBP) last week, experts observed, saying it seems the widening trade deficit might not allow the rupee to maintain its firmness
Published 01 Nov, 2004 12:00am
CBR delays issuance of revised DTRE Rules

CBR delays issuance of revised DTRE Rules

The Central Board of Revenue (CBR) has delayed issuance of revised Duty and Tax Remission for Export (DTRE) Rules. Official sources told Business Recorder here on Sunday that the CBR would issue the revised scheme in December 2004 instead of Octobe
Published 01 Nov, 2004 12:00am
CBR delays issuance of revised DTRE Rules

CBR delays issuance of revised DTRE Rules

The Central Board of Revenue (CBR) has delayed issuance of revised Duty and Tax Remission for Export (DTRE) Rules. Official sources told Business Recorder here on Sunday that the CBR would issue the revised scheme in December 2004 instead of Octobe
Published 01 Nov, 2004 12:00am
Bears' grip tightens over share market

Bears' grip tightens over share market

The stock market during last week recorded a decline of 126 points because of rumours of lower earning expectations from PTCL, bomb blast in Islamabad and Askari Bank skipping bonus shares. During the week, the benchmark KSE-100 Index declined by 126 poin
Published 01 Nov, 2004 12:00am
Bears' grip tightens over share market

Bears' grip tightens over share market

The stock market during last week recorded a decline of 126 points because of rumours of lower earning expectations from PTCL, bomb blast in Islamabad and Askari Bank skipping bonus shares. During the week, the benchmark KSE-100 Index declined by 126 poin
Published 01 Nov, 2004 12:00am
Badla rates down 250 bps

Badla rates down 250 bps

The badla rates at the share market last week moved down after money market eased off and downward slide was witnessed at the local bourses, but investment level remained unchanged on hopes that the index would soon recover. Total badla investment at KSE
Published 01 Nov, 2004 12:00am
Badla rates down 250 bps

Badla rates down 250 bps

The badla rates at the share market last week moved down after money market eased off and downward slide was witnessed at the local bourses, but investment level remained unchanged on hopes that the index would soon recover. Total badla investment at KSE
Published 01 Nov, 2004 12:00am
World Bank asks government to raise power tariff

World Bank asks government to raise power tariff

The World Bank (WB) has asked the government to increase power tariff to offset the impact of Rs 24 billion additional burden on Wapda producing thermal power with higher furnace oil prices, sources told Business Recorder. Wapda is facing an unprec
Published 01 Nov, 2004 12:00am
World Bank asks government to raise power tariff

World Bank asks government to raise power tariff

The World Bank (WB) has asked the government to increase power tariff to offset the impact of Rs 24 billion additional burden on Wapda producing thermal power with higher furnace oil prices, sources told Business Recorder. Wapda is facing an unprec
Published 01 Nov, 2004 12:00am
POL products prices unchanged

POL products prices unchanged

The prices of motor gasoline, HOBC, kerosene and light diesel have remainedd unchanged for the fortnight According to an announcement by sub-committee of Oil Companies Advisory Committee (OCAC) here on Sunday the price of MS 78 RON (petrol) was unchanged
Published 01 Nov, 2004 12:00am
POL products prices unchanged

POL products prices unchanged

The prices of motor gasoline, HOBC, kerosene and light diesel have remainedd unchanged for the fortnight According to an announcement by sub-committee of Oil Companies Advisory Committee (OCAC) here on Sunday the price of MS 78 RON (petrol) was unchanged
Published 01 Nov, 2004 12:00am
Sindh sugar mills to start crushing today

Sindh sugar mills to start crushing today

All 28 sugar mills of Sindh have conveyed to the government their willingness to commence sugarcane crushing from Monday, but only 13 out of 39 mills in Punjab have so far confirmed to start their operation. According to sources in the Ministry of Food, A
Published 01 Nov, 2004 12:00am
Sindh sugar mills to start crushing today

Sindh sugar mills to start crushing today

All 28 sugar mills of Sindh have conveyed to the government their willingness to commence sugarcane crushing from Monday, but only 13 out of 39 mills in Punjab have so far confirmed to start their operation. According to sources in the Ministry of Food, A
Published 01 Nov, 2004 12:00am
Kashmir policy unchanged: Shaukat

Kashmir policy unchanged: Shaukat

Prime Minister Shaukat Aziz on Sunday reiterated Pakistan's position on Kashmir, saying there is no change in its policy.
Published 01 Nov, 2004 12:00am
For investors in Europe, it's all relative

For investors in Europe, it's all relative

Investors have been pouring money into euro zone investments and - if current euro strength versus the dollar is any judge - are still doing it, finding European equities and even bonds relatively attractive. Many strategists expect the trend to continue
Published 01 Nov, 2004 12:00am
'North Korea must reform to combat famine'

'North Korea must reform to combat famine'

North Korea needs to restructure its agriculture to eradicate food shortages that resulted from failed reforms and may have killed millions, a South Korean analyst said. Lee Seong-hee, director-general of the National Institute of Crop Science, also told
Published 01 Nov, 2004 12:00am
Need for FDI to drive euro hopefuls' reform: World Bank

Need for FDI to drive euro hopefuls' reform: World Bank

Increasing competition for foreign investment will be the main driver of EU newcomers' economic reforms rather than their ambitions to adopt the euro, the World Bank's chief economist for central Europe said.
Published 01 Nov, 2004 12:00am
Australia capital spending projects up 15 percent in year

Australia capital spending projects up 15 percent in year

Investor confidence in Australia is strong with spending on capital investment projects climbing 15 percent in the past year, the Delta Electricity and Access Economics Investment Monitor said on Monday. There was A$126.3 billion ($94.3 billion) worth of
Published 01 Nov, 2004 12:00am
Vocational training scheme on anvil: Prime Minister

Vocational training scheme on anvil: Prime Minister

Prime Minister Shaukat Aziz has said that a comprehensive programme for massive vocational training is on the anvil in view of the growing demand for skilled manpower by the industrial sector. He was speaking at the foundation-stone laying ceremony, held
Published 01 Nov, 2004 12:00am
Vocational training scheme on anvil: Prime Minister

Vocational training scheme on anvil: Prime Minister

Prime Minister Shaukat Aziz has said that a comprehensive programme for massive vocational training is on the anvil in view of the growing demand for skilled manpower by the industrial sector. He was speaking at the foundation-stone laying ceremony, held
Published 01 Nov, 2004 12:00am
Flexible quota transfer against cancelled orders urged

Flexible quota transfer against cancelled orders urged

The garment exporters have urged the authorities to allow transfer of flexibility quota by exporters whose export orders have been cancelled due to some reasons. The Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) Sindh Baloch
Published 01 Nov, 2004 12:00am
Flexible quota transfer against cancelled orders urged

Flexible quota transfer against cancelled orders urged

The garment exporters have urged the authorities to allow transfer of flexibility quota by exporters whose export orders have been cancelled due to some reasons. The Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) Sindh Baloch
Published 01 Nov, 2004 12:00am
Three injured in Indian occupied Kashmir

Three injured in Indian occupied Kashmir

Three people were injured on Sunday during a shootout between a suspected freedom fighter and policemen in a crowded market in Indian occupied Kashmir, police said. Panic gripped shoppers in the market in Indian occupied Srinagar's bustling Sheerwani Stre
Published 01 Nov, 2004 12:00am
Three injured in Indian occupied Kashmir

Three injured in Indian occupied Kashmir

Three people were injured on Sunday during a shootout between a suspected freedom fighter and policemen in a crowded market in Indian occupied Kashmir, police said. Panic gripped shoppers in the market in Indian occupied Srinagar's bustling Sheerwani Stre
Published 01 Nov, 2004 12:00am
China doubles share in Pakistani imports

China doubles share in Pakistani imports

China has almost doubled its share in Pakistan's total imports during a short period of last five years and is now fourth largest import source after Saudi Arabia, USA and Dubai. A major jump in China's share in the country's total imports is visible sinc
Published 01 Nov, 2004 12:00am
China doubles share in Pakistani imports

China doubles share in Pakistani imports

China has almost doubled its share in Pakistan's total imports during a short period of last five years and is now fourth largest import source after Saudi Arabia, USA and Dubai. A major jump in China's share in the country's total imports is visible sinc
Published 01 Nov, 2004 12:00am
High oil prices stir gas demand doubts

High oil prices stir gas demand doubts

Booming world demand for natural gas could soon falter as gas prices rocket following a surge in world oil markets to record highs, industry executives and analysts said. Gas prices in long-term supply contracts are often linked to oil, which is at record
Published 01 Nov, 2004 12:00am
Government paying attention to Northern Areas uplift: Prime Minister

Government paying attention to Northern Areas uplift: Prime Minister

Prime Minister Shaukat Aziz on Sunday called upon the newly elected members of Northern Areas Legislative Council (NALC) to play their vital role for promoting unity, brotherhood and maintaining sectarian harmony for the development of the area. He was ta
Published 01 Nov, 2004 12:00am
NAB chairman's sister passes away

NAB chairman's sister passes away

The sister of National Accountability Bureau (NAB) Chairman Lieutenant General Munir Hafiez passed away here on Sunday after brief illness.
Published 01 Nov, 2004 12:00am
Pakistan condemns killing of Japanese hostage

Pakistan condemns killing of Japanese hostage

Pakistan has strongly condemned the killing of Japanese national hostage Shosei Koda in Iraq. In a statement issued here on Sunday Foreign Office Spokesman Masood Khan said the government and people of Pakistan strongly condemn this horrendous and brutal
Published 01 Nov, 2004 12:00am
Construction of Kalabagh dam advocated

Construction of Kalabagh dam advocated

Politicians and experts on Sunday advocated the construction of Kalabagh dam, saying the mega power project would help country make rapid strides towards stable economy. Speaking at a book-launching ceremony, they said objections raised by Sindh and NWFP
Published 01 Nov, 2004 12:00am
Prime Minister's assurance to families of 28 missing people

Prime Minister's assurance to families of 28 missing people

Prime Minister Shaukat Aziz has assured families of the 28 missing people, who were detained either by the police or by the rangers for interrogation allegedly for different crimes during the last eight years never to return home. The prime minister was t
Published 01 Nov, 2004 12:00am
Imran to visit India from November 3

Imran to visit India from November 3

Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan will visit India from November 3 to 8 to participate as a "key note speaker" in an international conference in New Delhi. The "Hindustan Times Leadership Conference" is an annual event and attended by lead
Published 01 Nov, 2004 12:00am
No family member will accompany Mian Sharif's coffin: Khosa

No family member will accompany Mian Sharif's coffin: Khosa

PML-N leadership on Sunday announced that no family member will accompany the coffin of Mian Sharif, to be flown to Pakistan from Saudi Arabia for funeral prayers and burial, on Monday morning. Because of apathetic attitude of the government, Sharif famil
Published 01 Nov, 2004 12:00am
President to host Iftar for scholars today

President to host Iftar for scholars today

President General Pervez Musharraf will host Iftar dinner on Monday for more than 100 intellectuals, prominent writers and scholars who have been invited from all over the country. He will exchange views with them on issues of national importance facing t
Published 01 Nov, 2004 12:00am
Larger bench completes work

Larger bench completes work

The seven-member larger bench of the Supreme Court assigned hearing of constitutional points last week has been wound up but the second large bench, the five-member Shariat Appellate Bench will continue working for the fifth consecutive week. The most imp
Published 01 Nov, 2004 12:00am
APHC leaders want to visit Pakistan

APHC leaders want to visit Pakistan

The All Parties Hurriyat Conference (APHC) leaders want to visit Pakistan before holding the third round of peace talks with New Delhi, Mirwaiz Umar Farooq said overnight. "Before holding third round of talks with India we should be allowed to go to Pakis
Published 01 Nov, 2004 12:00am
Punjab chief minister announces mega projects

Punjab chief minister announces mega projects

Punjab Chief Minister Chaudhry Pervaiz Elahi has announced launching of mega projects on the patron of Lahore Ring Road in all big cities of the province. He was presiding over a high-level meeting at the Chief Minister House here on Sunday. Head of vario
Published 01 Nov, 2004 12:00am
'Government responded positively to Sharif family's requests'

'Government responded positively to Sharif family's requests'

Prime Minister Shaukat Aziz has said that the government had responded positively to the requests of the Sharif family in respect of the burial of Mian Mohammed Sharif in Lahore. No request was made for Nawaz Sharif or Shahbaz Sharif to accompany the coff
Published 01 Nov, 2004 12:00am
PIA advice to Umra pilgrims

PIA advice to Umra pilgrims

PIA has advised the passengers going to Saudi Arabia for Umra, to reach airport only with confirmed ticket. Passengers without confirmed ticket should not take pain to reach the airport, a PIA spokesman said here on Sunday.
Published 01 Nov, 2004 12:00am
Four killed in tribal clash

Four killed in tribal clash

Four tribesmen were killed and two were wounded in a tribal clash over old enmity near Barkhan on Sunday. According to a report two groups of Mezrani Khetran tribe clashed at Choor Kot about 5 miles from Barkhan due to old enmity between them. They fired
Published 01 Nov, 2004 12:00am
Priority being given to develop remote areas: minister

Priority being given to develop remote areas: minister

Federal Minister for Petroleum and Natural Resources Amanullah Khan Jadoon has said that the government was according top priority to develop the remote and less-developed areas in order to provide the basic amenities of life to the people. Addressing an
Published 01 Nov, 2004 12:00am
Quota regime influences investment flow: Hayat

Quota regime influences investment flow: Hayat

Ashraf Hayat, Minister Trade, Embassy of Pakistan in Washington DC on Friday reminded that removal of quotas from January 2005 was realisation of a 10-year-old commitment by developed countries. Therefore, it was not a matter of surprise for any of the co
Published 01 Nov, 2004 12:00am
RCB apathy towards Misreal Road alleged

RCB apathy towards Misreal Road alleged

Indifferent and callous attitude of the Rawalpindi Cantonment Board towards main Misreal Road and its surroundings on Range Road, Nai Abadi of Misreal has resulted in acute problems for the inhabitants of these areas particularly during the Fajr and Tarav
Published 01 Nov, 2004 12:00am
Tripartite moot urged to resolve labour issues

Tripartite moot urged to resolve labour issues

The All-Pakistan Federation of Trade Unions has demanded that President General Pervez Musharraf and Prime Minister Shaukat Aziz call a tripartite conference to resolve the complicated labour issues before the start of the WTO regime.
Published 01 Nov, 2004 12:00am
PTV and private production houses sign agreement

PTV and private production houses sign agreement

Minister for Information and Broadcasting Sheikh Rashid Ahmad has urged the private production houses to make television programmes in accordance with the country's customs and traditions. He was addressing as the chief guest at an agreement signing cerem
Published 01 Nov, 2004 12:00am
Pida will cease to function from December 31

Pida will cease to function from December 31

The provincial government has decided in principle to wind up the Punjab Irrigation and Drainage Authority (Pida), which will cease to function from December 31, 2004. "The Irrigation Department did not forward any summary to the Planning and Development
Published 01 Nov, 2004 12:00am
Train accident averted

Train accident averted

The Rawalpindi-bound Jaffer Express escaped likely disaster on Sunday morning at Chak railway station, some 25 km south-west of Multan, when two motorcyclists got entangled in the railway track. The Engine driver, Saeed Ahmed, pulled emergency brakes to s
Published 01 Nov, 2004 12:00am
Ginners fail to check temptation, scale up spot rate

Ginners fail to check temptation, scale up spot rate

Encouraged by slightly improved buying, ginners could not check temptation and scaled up spot rate on Thursday, but fundamentals were not as bullish to allow prices to go berserk, during the week ended on October 30, 2004. Spot rate held unchanged at Rs 1
Published 01 Nov, 2004 12:00am
Cotton prices rise halts on larger arrival reports in southern Punjab

Cotton prices rise halts on larger arrival reports in southern Punjab

Field reports from lower central Sindh indicate that peak of cotton arrivals is over and not only arrivals have reduced considerably but quality has also deteriorated. Only some big cotton growers are holding better quality seed-cotton and are trying to g
Published 01 Nov, 2004 12:00am
Cotton prices rise halts on larger arrival reports in southern Punjab

Cotton prices rise halts on larger arrival reports in southern Punjab

Field reports from lower central Sindh indicate that peak of cotton arrivals is over and not only arrivals have reduced considerably but quality has also deteriorated. Only some big cotton growers are holding better quality seed-cotton and are trying to g
Published 01 Nov, 2004 12:00am
Humayun and Elahi discuss Trade Policy

Humayun and Elahi discuss Trade Policy

Federal Minister Commerce Minister Humayun Akhtar Khan called on Punjab Chief Minister Chaudhry Pervaiz Elahi on Sunday and discussed with him matters regarding trade policy, industrial development and other economic issues. The chief minister told the co
Published 01 Nov, 2004 12:00am
1 million atta bags distributed

1 million atta bags distributed

Under Ramazan Package, the provincial government so far has provided more than one million Atta bags to the masses on subsidised rates. In order to ensure the just and fair distribution of Atta, some three hundred-sale points have been established through
Published 01 Nov, 2004 12:00am
NWFP government to distribute Rs 30.5 million atta bags among poor

NWFP government to distribute Rs 30.5 million atta bags among poor

NWFP Information Asif Iqbal Daudzai has said the MMA government keeping in view the sanctity of the Ramazan being provided atta bags to the poor by bearing an additional loads of Rs 30.5 million. He stated this while addressing a religious ceremony at Jam
Published 01 Nov, 2004 12:00am
LHC benches for the week

LHC benches for the week

As many as eight division benches and 17 single benches will work at principal seat of the Lahore High Court (LHC) during the week commencing from Monday, November 01. According to a notification, division benches are headed by Chief Justice Iftikhar Huss
Published 01 Nov, 2004 12:00am
50,000 trees to be planted

50,000 trees to be planted

Punjab forests department would plant around 50,000 trees alongside motorway from Chakri to Lilla intersection. Dilating upon the details of the project, Punjab Forests Minister Dr Ashfaq ur Rehman said here on Saturday that the district governments of Ch
Published 01 Nov, 2004 12:00am
Wheat maintains gaining spree on commodity markets

Wheat maintains gaining spree on commodity markets

Wheat maintained gaining spree on the wholesale commodity markets during the second Ramazan week as efforts to tame the foaming essential and fruits prices met with little success, sources said. Fluctuations were restructured to only few items such as pla
Published 01 Nov, 2004 12:00am
Millat Tractors declares 130 percent dividend; profit up 49 percent

Millat Tractors declares 130 percent dividend; profit up 49 percent

Millat Tractors declared a cash dividend of 130 percent while its profit recorded a healthy growth of 49 percent during the last fiscal year. Millat Tractors results for the FY04 ended June 30, 2004 appeared to be quite promising. For FY04, the leading tr
Published 01 Nov, 2004 12:00am
Millat Tractors declares 130 percent dividend; profit up 49 percent

Millat Tractors declares 130 percent dividend; profit up 49 percent

Millat Tractors declared a cash dividend of 130 percent while its profit recorded a healthy growth of 49 percent during the last fiscal year. Millat Tractors results for the FY04 ended June 30, 2004 appeared to be quite promising. For FY04, the leading tr
Published 01 Nov, 2004 12:00am
Attractive registration marks auction on November 1

Attractive registration marks auction on November 1

An open auction of attractive registration marks of 'LZG' series is being held here on Monday, November 1. The auction will take place at the office of Director Excise & Taxation Region-C Lahore.
Published 01 Nov, 2004 12:00am
Sasta atta programme

Sasta atta programme

Chief Minister's Sasta atta programme will be started for deserving people in the province from 1st December, which will continue till April, 2005. Under this programme, 10 million flour bags weighing 10 kg will be distributed to the deserving persons.
Published 01 Nov, 2004 12:00am
Quake shakes Northern Areas and Kashmir

Quake shakes Northern Areas and Kashmir

An earthquake shook Northern Areas and Kashmir on Sunday, with no immediate reports of injuries or damage to property, authorities said. The earthquake measured 4.8 on the Richter scale and resulted in two "mild" tremors on Sunday morning, Mehmood Khan, a
Published 01 Nov, 2004 12:00am
Sindh University developing botanic garden

Sindh University developing botanic garden

Sindh University is developing a botanic garden at its Jamshoro Campus. This would be the first of its kind in the country to provide research opportunities to students and scholars in diversity of plants - Agriculture, Forestry and Medicine - for the exp
Published 01 Nov, 2004 12:00am
Girls dominate RBISE Inter exam results

Girls dominate RBISE Inter exam results

Girls students have once again dominated the results of supplementary examinations of Intermediate - 2004 of the Rawalpindi Board of Intermediate and Secondary Education (RBISE) with 51.84 percent success rate while the result of boy candidates was 43.73
Published 01 Nov, 2004 12:00am
Rs 1.2 billion allocated to Punjab SMEs

Rs 1.2 billion allocated to Punjab SMEs

The Punjab government has allocated Rs 1.2 billion to provide loan facilities to small and medium entrepreneurs and other interested persons for setting up new industrial projects, upgrading and capacity building of existing industrial units in the provin
Published 01 Nov, 2004 12:00am
TCP to buy cotton from ginners who pay Rs 925 for phutti

TCP to buy cotton from ginners who pay Rs 925 for phutti

Federal Minister for Agriculture, Food and Livestock, Sikandar Hayat Bosan, has said that Trading Corporation of Pakistan (TCP) will purchase 40,000 bales cotton daily from November 3 or 4 so that cotton growers may get fair return of their produce. Howev
Published 01 Nov, 2004 12:00am
Fahim convenes ARD meeting on November 1

Fahim convenes ARD meeting on November 1

Alliance for the Restoration of Democracy (ARD) Chief Makhdoom Amin Fahim has convened an emergent meeting of heads of allied parties on Monday in the provincial capital, to discuss the situation arising after the government refusal to allow Sharif brothe
Published 01 Nov, 2004 12:00am
UN human development report with a difference

UN human development report with a difference

A United Nation Development Programme's study on the human development advocates an approach that respects and promotes cultural diversity while keeping countries open to global flows of capital, goods and people. A detailed report spanning 284 pages oppo
Published 01 Nov, 2004 12:00am
Rs 110 million Zakat to be disbursed in Rawalpindi

Rs 110 million Zakat to be disbursed in Rawalpindi

The District Zakat and Ushr Committee will distribute Rs 110 million Zakat among the needy, deserving and destitute of the region through 1,125 Zakat committees of the district. This was stated by District Zakat Committee President Raja Mushtaq Ahmed here
Published 01 Nov, 2004 12:00am
Government apathy towards southern Punjab alleged

Government apathy towards southern Punjab alleged

The government was reluctant to approve the project of Rs 700 million for a six-lane bridge on the River Chenab near Muzaffargarh, which connects three provinces with Punjab and more than 10,000 vehicles use it daily, while the government was spending Rs
Published 01 Nov, 2004 12:00am
Action against eve teasers demanded

Action against eve teasers demanded

With the Eid shopping picking up fast, a number of eve teasing incidents in different markets of the provincial metropolis have increased making it extremely difficult for women to visit bazars. As no arrangements have been made so far to control hoodlums
Published 01 Nov, 2004 12:00am
Homeless children living in miserable conditions

Homeless children living in miserable conditions

Despite the government's claims to establish shelter homes and consultation centres in Karachi to rehabilitate homeless children, the concerned departments could not take measures in this connection, NGO activists told newsmen on Sunday.
Published 01 Nov, 2004 12:00am
GCUF announces BA exam result

GCUF announces BA exam result

Government College University, Faisalabad (GCUF) has announced the result of B.A 1st term Examination 2004.
Published 01 Nov, 2004 12:00am
Police raid PPPP MPA's house

Police raid PPPP MPA's house

A heavy police contingent raided the house of PPPP MPA Jahanzeb Imtiaz Gill at Civil Lines to arrest his brother here on Saturday night. According to reports, the police contingent dashed its entry into the house by scaling the boundary walls and entered
Published 01 Nov, 2004 12:00am
Common facility services for fan, cutlery industry

Common facility services for fan, cutlery industry

Federal government has prepared a strategy for providing common facility services to industries like cutlery (Wazirabad) and electric fan (Gujrat) developed in clusters. Official sources told Business Recorder here on Saturday that such common serv
Published 01 Nov, 2004 12:00am
US troops start evacuating Jacobabad airbase

US troops start evacuating Jacobabad airbase

United States troops are being withdrawn from Jacobabad Airbase after three-year-long stay over there, and reportedly 200 troops have left the base on Sunday, and flown to their native country. The Pakistan government had allowed the United States to use
Published 01 Nov, 2004 12:00am
Three die as oil tanker rams into shop

Three die as oil tanker rams into shop

Three persons died on the spot and seven injured when a speedy oil tanker rammed into a grocer's shop in Shehr Sultan (Muzaffargarh district) as its driver failed to control the steering due to burst of front wheel tyre.
Published 01 Nov, 2004 12:00am
Sino-Pak strategic partnership leads to peace: National Assembly speaker

Sino-Pak strategic partnership leads to peace: National Assembly speaker

Speaker National Assembly Chaudhry Amir Hussain said Sino-Pak strategic partnership contributes towards peace and development in the region and meets the aspirations of their people. In an interview with Peoples Daily during his stay in Beijing, he said t
Published 01 Nov, 2004 12:00am
'India should allow meetings among Kashmiri leaders'

'India should allow meetings among Kashmiri leaders'

India should allow meeting of Kashmiri leaders from both sides of the Line of Control (LoC) to discuss options for a just solution of the Indian occupied Kashmir issue said President AJK Muslim Conference Sardar Atiq Ahmed Khan on Sunday. Such a meeting o
Published 01 Nov, 2004 12:00am
Another PIMS storekeeper suspended

Another PIMS storekeeper suspended

The Pakistan Institute of Medical Sciences (Pims) on Sunday suspended another medical storekeeper, after the findings of preliminary inquiry committee, which pointed out that storekeeper Zia-ud-Din had embezzled medicines worth Rs 0.4 million on the vouch
Published 01 Nov, 2004 12:00am
CHK to set up cardiac emergency unit

CHK to set up cardiac emergency unit

The Department of Cardiology, Civil Hospital Karachi (CHK) has planned to establish a full fledged Emergency Coronary Care-Cum-Diagnostic Unit with state-of-the-art facilities, to provide immediate cardiac treatment to patients at the hospital, as there i
Published 01 Nov, 2004 12:00am
PHMA for early disposal of subsidy cases

PHMA for early disposal of subsidy cases

Pakistan Hosiery Manufacturers Association (North Zone) has expressed grave concern over the unnecessary delay in settlement of subsidy claims relating to the ISO Certification and strongly demanded that the board of administration of EDF should play its
Published 01 Nov, 2004 12:00am
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