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Print - 2005-04-22
SPORTS WOELD: Afridi's volcanic hundred

SPORTS WOELD: Afridi's volcanic hundred

In an incredible destruction of the Indian bowling which virtually appeared to be a volcanic eruption Shahid Afridi raced to a 45-ball century to help Pakistan romp home by five wickets at Kanpur's Green Park to give the visitors an almost unassailable le
Published 22 Apr, 2005 12:00am
SPORTS WORLD: Pakistan wrap up one-day series

SPORTS WORLD: Pakistan wrap up one-day series

Pakistan completed a truly rewarding sojourn in India by wrapping up the one day series by 4-2 at the refurbished Feroz Shah Kotla ground as India almost threw the towel in the sixth and last limited-overs duel in a steamy and hot weather that tested the
Published 22 Apr, 2005 12:00am
Shamshad Begum is alive

Shamshad Begum is alive

For long, music buffs in Pakistan were made to believe that playback singer Shamshad Begum had died. The assumption about her "death" was the result of the publication of an article on an Indian web site after the death of Shamshad Bai, the mother of late
Published 22 Apr, 2005 12:00am
LAHORE CULTURAL DIARY: Enthralling Chinese song and dance performances

LAHORE CULTURAL DIARY: Enthralling Chinese song and dance performances

The two-day April 14-15 colourful song and dance performances by visiting troupe from the Peoples Republic of China staged at the Lahore Council of Arts enthralled the fun loving people of Lahore. Thirteen dances presented by the Chinese artistes began wi
Published 22 Apr, 2005 12:00am
Travelling into the future of IT and timelessness

Travelling into the future of IT and timelessness

On arrival in Hanover, capital of the German federal state of Lower Saxony, where CeBIT 2005 was being held, a group of journalists was told that when it comes to products and services for a digital world, CeBIT 2005 has everything under the sun. Running
Published 22 Apr, 2005 12:00am
CAPITAL CULTURAL SCENE: Mélange of Bangladesh

CAPITAL CULTURAL SCENE: Mélange of Bangladesh

The weather takes a turn and it is warmer now but still very pleasant in the early mornings and evenings. Life is so fast that it feels that one is sitting on a Roller Coaster. There was an exhibition of paintings at the Nomad Gallery by eminent artists f
Published 22 Apr, 2005 12:00am
Mandatory programme for hepatitis prevention

Mandatory programme for hepatitis prevention

The government is going to launch a nation-wide programme to control hepatitis. The programme aims to provide the hepatitis-B vaccination to every new-born child in the country. The project - research and vaccination programmes, spanned over five years -
Published 22 Apr, 2005 12:00am
LITERACY NOTES: Saa'dat Hasan Manto rides the crest

LITERACY NOTES: Saa'dat Hasan Manto rides the crest

There is a definite turnaround in Saadat Hasan Manto's image these days. Ever-since a Lahore weekly brought out a commemorative edition on him and a political part held a public meeting in Lahore to pay tributes to him, one could see that the workers and
Published 22 Apr, 2005 12:00am
CURRENT TOPICS: A king is dead, long will live his memory

CURRENT TOPICS: A king is dead, long will live his memory

Some achieve greatness, some have greatness thrust upon them. In the case of Karol Josef Wojtyla born 1920 in a small village of Poland there was no question of being born great. His father was a soldier-cum-tailor and mother a school teacher. Whether he
Published 22 Apr, 2005 12:00am
Muhammad - the greatest benefactor of humanity

Muhammad - the greatest benefactor of humanity

Every year the birthday of our Holy Prophet Muhammad (SAW) brings in its train thousands of blessings and mercies not only for the Muslims but for the whole world. The love and sincerity with which Muslims all over the world greet this day is immense, but
Published 22 Apr, 2005 12:00am
Ineffective and ill-composed boards of stock exchanges

Ineffective and ill-composed boards of stock exchanges

Time and again, it has been emphasised in the national newspapers, especially in the Business Recorder by several writers during the last few months that there was an urgent need to remove the weaknesses in the composition and effectiveness of the
Published 22 Apr, 2005 12:00am
Proposal for raising Railways fares

Proposal for raising Railways fares

It is shocking that the Pakistan Railways (PR) has submitted its proposal to the government to increase the fares upto 8 percent taking advantage of inflationary trend in the country, The railways authorities also gave strange statement that the proposed
Published 22 Apr, 2005 12:00am
Educational discrimination

Educational discrimination

This refers to Adil Mehmood's letter titled "Educational discrimination" in the Business Recorder on 15-04-2005. I strongly oppose the views of the writer about initiative towards education and his contention that, the "government" is creating disc
Published 22 Apr, 2005 12:00am
Rise of mobile phone rings changes for world's poor

Rise of mobile phone rings changes for world's poor

With just four calls from a mobile phone, remote Bangladeshi farmer Mir Jahid Hussein can now ensure he gets the best price for his seasonal jute seeds - something he could once only dream of. As it is for tens of millions of poor rural-dwellers in develo
Published 22 Apr, 2005 12:00am
Malaysia tightens Halal rules after sausage scare

Malaysia tightens Halal rules after sausage scare

A food labelling dispute could hurt Malaysia's ambitions to become a centre for halal food production and grab a piece of a world-wide market worth more than $400 billion a year, consumer groups and manufacturers say. Halal food standards can be a touchy
Published 22 Apr, 2005 12:00am
Holy Prophet's influence on human culture

Holy Prophet's influence on human culture

Prophet Mohammad's teaching produced a society with a dynamic culture which left far-reaching marks on human history. Its effects and influences outweighed the limitations of time and space and influenced mankind in its totality, affecting all aspects of
Published 22 Apr, 2005 12:00am
The need for a Pak-US free trade agreement

The need for a Pak-US free trade agreement

In line with the government's decision to pursue a region/country specific strategy to enhance exports, Commerce Minister Humayun Akhtar made a hectic one-day visit to the US earlier this month. He held separate meetings with several high level officials,
Published 22 Apr, 2005 12:00am
Message of the day

Message of the day

As in the recent years so today, while celebrating the Birthday of Holy Prophet Mohammed (PBUH) with traditional fervour, many among the believers in this country, as elsewhere, will find themselves still intrigued by the distortion of his message in such
Published 22 Apr, 2005 12:00am
All set for Eid Milad in Karachi

All set for Eid Milad in Karachi

Various religious organisations have made elaborate arrangements to celebrate Eid Milad-un-Nabi on Friday, 12th of Rabi-ul-Awwal, with zeal and religious fervour. Important buildings, mosques and other religious places have been profusely illuminated with
Published 22 Apr, 2005 12:00am
Haleeb signs pact with Orient

Haleeb signs pact with Orient

Haleeb Foods Limited has signed an agreement with Orient McCann Erickson, under which the latter would handle the advertising of the Haleeb. According to an Orient spokesman here on Thursday, this new partnership was a strategic alliance and was meant to
Published 22 Apr, 2005 12:00am
Iranian diplomat visits PUCIT

Iranian diplomat visits PUCIT

The Consul General of Iran Muhammad Khudadi visited Punjab University College of Information Technology (PUCIT). PUCIT Principal Dr M. A Pasha briefed the Iranian diplomat about various programmes being offered by the college. He said facilities like stat
Published 22 Apr, 2005 12:00am
Kite-flying: six-month jail, fine for violating code of conduct

Kite-flying: six-month jail, fine for violating code of conduct

The Lahore District Council on Wednesday approved code of conduct for kite-flying, envisaging six-month imprisonment and Rs 5,000 fine on violation of the same. At a meeting held here, Lahore Nazim Mian Amer Mahmood presented draft of the code of conduct
Published 22 Apr, 2005 12:00am
Lahore Bar member penalised

Lahore Bar member penalised

A division bench of the Lahore High Court headed by Justice Syed Shabbar Raza Rizvi has penalised a senior member of the Lahore High Court Bar Association (LHCBA) M D Tahir for not switching off his mobile phone while appearing before the august court. Th
Published 22 Apr, 2005 12:00am
Export Excellence Awards on April 26

Export Excellence Awards on April 26

Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) is holding its 7th Export Excellence Awards' 2004 here on April 26. According to a spokesman of the Association, the trophies will be distributed amongst top 20 exporters for the
Published 22 Apr, 2005 12:00am
Seerat Academy and Quran complex in Lahore shortly

Seerat Academy and Quran complex in Lahore shortly

Punjab Chief Minister Chaudhry Pervaiz Ellahi ordered immediate implementation on the project of setting up Seerat Academy and Quran Complex in Lahore. This project, over an area of 47-kanal piece of land in Upper Mall scheme, would cost Rs 300 million. W
Published 22 Apr, 2005 12:00am
Wheat procurement campaign likely to cross target

Wheat procurement campaign likely to cross target

The wheat procurement drive of the provincial food department is going on with full swing and hopefully the department will cross the target of 3.5 million tons of wheat. Punjab food department started wheat procurement campaign for the current season fro
Published 22 Apr, 2005 12:00am
Sugarcane varieties developed

Sugarcane varieties developed

Sugarcane varieties prepared at Sugarcane Research Institute, Faisalabad possess higher yield potential and proper management and adoption of modern technology could lead to higher sugarcane yield in the country. This was revealed at a sugarcane workshop
Published 22 Apr, 2005 12:00am
Worthington warns resurgent Norwich

Worthington warns resurgent Norwich

Norwich City manager Nigel Worthington admitted his team still had a long way to go to preserve their Premiership status despite a dramatic 2-1 victory over Newcastle United here at Carrow Road. Record-signing Dean Ashton struck deep into stoppage time to
Published 22 Apr, 2005 12:00am
Savage under scrutiny as Palace defeated

Savage under scrutiny as Palace defeated

Robbie Savage and Blackburn Rovers were again embroiled in controversy after a 1-0 win over Crystal Palace, with allegations surfacing that the former Wales international midfielder was involved in a fight with young opposition striker Wayne Routledge in
Published 22 Apr, 2005 12:00am
High winds blow Johnnie Walker Classic off-course

High winds blow Johnnie Walker Classic off-course

Seasonal high winds blew the Johnnie Walker Classic golf tournament off course on Thursday when strong gusts forced the first day's play to be abandoned. Adam Scott was leading at three under par after nine holes when play was suspended early in the day,
Published 22 Apr, 2005 12:00am
MCC wants to ban Ponting's revolutionary bat

MCC wants to ban Ponting's revolutionary bat

The MCC want to ban Australian captain Ricky Ponting's revolutionary cricket bat ahead of this year's Ashes series in England, reports said here on Thursday. The Marylebone Cricket Club (MCC), cricket's lawmaker, is concerned that Ponting's bat has been s
Published 22 Apr, 2005 12:00am
Todd cleared of violent conduct

Todd cleared of violent conduct

Blackburn captain Andy Todd was on Thursday cleared of violent conduct against Arsenal striker Robin van Persie during last Saturday's FA Cup semi-finals. Todd escaped a three-match ban after an English Football Association disciplinary commission found t
Published 22 Apr, 2005 12:00am
Bangladesh leave out Mahmud for England tour

Bangladesh leave out Mahmud for England tour

Bangladesh on Thursday omitted seasoned all-rounder Khaled Mahmud from a 16-man squad for their first ever Test tour of England starting next month. Mahmud, who turns 34 in July, is a former captain who played the last of his 12 Tests at home against Engl
Published 22 Apr, 2005 12:00am
Ferrero form flowers as clay comeback gains pace

Ferrero form flowers as clay comeback gains pace

Juan Carlos Ferrero piloted his return to form past another marker Thursday, crushing fellow Spaniard Alberto Martin 6-1, 6-2 to book into the quarter-finals of the 850,000-euro Barcelona Open. The former world number one and 2003 Roland Garros champion b
Published 22 Apr, 2005 12:00am
Pak-Brazil joint venture likely in oil exploration

Pak-Brazil joint venture likely in oil exploration

Export Promotion Bureau (EPB) Chairman Tariq Ikram has said that the Brazilian oil giants, Petrobras, and Pakistan Petroleum Limited (PPL) are negotiating for joint venture in oil and gas exploration on Pakistani coast. "Pakistan is interested in establis
Published 22 Apr, 2005 12:00am
Call for linking UNSC reforms with solution of Kashmir issue

Call for linking UNSC reforms with solution of Kashmir issue

Senator Mushahid Hussain Syed has called for linking UN Security Council reforms with the solution of Kashmir issue. "India which is obstructing implementation of UN Security Council resolutions on Kashmir should not be rewarded by the world body," he obs
Published 22 Apr, 2005 12:00am
Seminar on Intellectual Property Rights

Seminar on Intellectual Property Rights

A one-day seminar on Intellectual Property Rights (IPR) and World Intellectual Property Owners (WIPO) in textile and agriculture sector will be held at Faisalabad Chamber of Commerce and Industry (FCCI) here on April 23, with the assistance of Manaam Reso
Published 22 Apr, 2005 12:00am
Wapda to provide improved electricity services

Wapda to provide improved electricity services

Chairman Water and Power Development Authority (WAPDA), Tariq Hameed has said that strenuous efforts were being made to provide improved electricity services to the industrial and domestic consumers on top priority basis. Addressing at Sialkot Chamber of
Published 22 Apr, 2005 12:00am
Master plan targets: financial crunch leaves Wasa in disarray

Master plan targets: financial crunch leaves Wasa in disarray

Water & Sanitation Agency Faisalabad (Wasa) has been facing a large number of financial constraints in achieving the master plan targets. According to a update report of Wasa, the Punjab government has advised the Tehsil Municipal Administration (TMA) cit
Published 22 Apr, 2005 12:00am
Rs 180 million funds released for education projects

Rs 180 million funds released for education projects

The Punjab government has released funds amounting to Rs 180 million to the City District Government Lahore (CDGL) for carrying various projects in education sector. District Nazim Lahore, Mian Amer Mahmood revealed this while addressing cash and awards d
Published 22 Apr, 2005 12:00am
Karachi and Mumbai trade centres sign agreement

Karachi and Mumbai trade centres sign agreement

Karachi and Mumbai World Trade Centres have agreed to extend co-operation to each other through exchange of professional experience and business opportunities for industrial and technological advancement for the benefit of the two countries. This was disc
Published 22 Apr, 2005 12:00am
Pangolin released back into wild

Pangolin released back into wild

The World Wide Fund (WWF) Pakistan safely released a Pangolin (Scaly Anteater) back into the wild in the Lahore Park Raiwind. A Wapda official, Salman Iqbal, had brought the Pangolin to his residence after he found it being harassed by children just outsi
Published 22 Apr, 2005 12:00am
Punjab University revises curriculum to meet modern needs

Punjab University revises curriculum to meet modern needs

Matters pertaining to paper setting, examination and marking system were discussed in a meeting of the Conveners of the Board of Studies at Institute of Bio-Chemistry Bio-Technology here on Thursday. Addressing the meeting, Punjab University Vice Chancell
Published 22 Apr, 2005 12:00am
Salman appointed PPCBL administrator

Salman appointed PPCBL administrator

Registrar Co-operatives Punjab, Khalid Pervez, has withdrawn the extension period granted to Board of Directors of Punjab Provincial Co-operative Bank Limited (PPCBL) and appointed Chairman Planning and Development Salman Ghani as administrator of the ban
Published 22 Apr, 2005 12:00am
'Islam in Sicily' exhibition from April 23

'Islam in Sicily' exhibition from April 23

The historical events of Muslims entrance in Sicily in ninth century, their stay there and valuable contribution by them in different spheres of life would be on display in the form of documentaries in a exhibition, to be commenced from Saturday (April 23
Published 22 Apr, 2005 12:00am
Kidney sale: LHC issues notice to interior ministry

Kidney sale: LHC issues notice to interior ministry

Lahore High Court (LHC) has issued the notice to Interior Ministry in a petition filed by a member of the Lahore High Court Bar Association (LHCBA) praying to the court to direct the respondent government to take action against the elements involved in th
Published 22 Apr, 2005 12:00am
Wapda allows industries 50 percent load cut

Wapda allows industries 50 percent load cut

Water and Power Development Authority (Wapda) has allowed the facility of 50 per cent cut in sanctioned load to those industrial consumers who had shifted to self generation while keeping the Wapda supply intact. However, 50 per cent reduction in the alre
Published 22 Apr, 2005 12:00am
The Weather

The Weather

The weather report on Thursday (April 21) and the forecast for Friday (April 22, 2005).
Published 22 Apr, 2005 12:00am
PPP asked to learn lesson from MMA

PPP asked to learn lesson from MMA

Pakistan People's Party (PPP) should learn lesson from Muttahida Majlis-i-Amal (MMA) and do not damage the cause of democracy by striking any deal with the rulers even if it carries some timely and short lived personal benefits. Muhammad Pervaiz Malik, PM
Published 22 Apr, 2005 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.

Published 22 Apr, 2005 12:00am
Marble industry suffers due to low voltage

Marble industry suffers due to low voltage

The marble industry is heavily suffering due to low voltage and constant tripping, thus exporters are forced to default on the commitments made to the importers. This has been stated by All Pakistan Marble Industries Association (APMIA) President, Sanaull
Published 22 Apr, 2005 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.

Published 22 Apr, 2005 12:00am
'Britain aiding socioeconomic development in Pakistan'

'Britain aiding socioeconomic development in Pakistan'

"United Kingdom is significantly contributing in economic and social sector development of Pakistan," said British High Commissioner in Pakistan, Mark Lyall Grant while delivering a speech on 'Britain-Pakistan Relations: Economics and Education' at the In
Published 22 Apr, 2005 12:00am
Key stock market movements at 1700 GMT on April 21

Key stock market movements at 1700 GMT on April 21

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Published 22 Apr, 2005 12:00am
Sindh government to set up food laboratory

Sindh government to set up food laboratory

Advisor to Sindh Chief Minister for Food and Agriculture, Murtaza Jatoi has said that a food technology laboratory would be established at a cost of Rs 51.728 million. Presiding over a meeting of Agriculture department here on Thursday, Jatoi said the lab
Published 22 Apr, 2005 12:00am
Clear vision imperative to make organisation vibrant: PIA chief

Clear vision imperative to make organisation vibrant: PIA chief

A corporation should have a clear vision, a mission, values and a set of code of ethics; to function as an efficient and a vibrant organisation geared to meet the needs of its valued customers. Tariq Kirmani, Chairman of Pakistan International Airlines Co
Published 22 Apr, 2005 12:00am
IFAD to provide funds for Dir area support project

IFAD to provide funds for Dir area support project

International Fund for Agriculture Development (IFAD) has assured provision of developmental funds for accelerating pace of work on developmental schemes in seven Tehsil of the Districts of Upper and Lower Dir under Dir Area Support Project (DARSP). This
Published 22 Apr, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (April 21, 2005).

Published 22 Apr, 2005 12:00am
Rawalpindi police recover 18 cars

Rawalpindi police recover 18 cars

Rawalpindi police after hectic efforts have arrested a gangster namely Dr Abdul Qayyum and recovered 18 cars from his possession. This was disclosed by District Police Officer (DPO) Rawalpindi Murawat Ali Shah here on Thursday while addressing a press con
Published 22 Apr, 2005 12:00am
PML to celebrate Eid Milad

PML to celebrate Eid Milad

Pakistan Muslim League (PML) has prepared a comprehensive programme to celebrate Eid Milad-un-Nabi, the birth day of the Holy Prophet (Peace Be Upon Him) with great religious enthusiasm and fervour. PML President Chaudhary Shujaat Hussain has issued speci
Published 22 Apr, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (April 21, 2005).

Published 22 Apr, 2005 12:00am
JSCM posts Rs 84 million profit in 9 months

JSCM posts Rs 84 million profit in 9 months

The net earnings of the Jahangir Siddiqui Capital Markets Limited (JSCM), during the nine months of the current fiscal year, showed a significant growth, increasing by almost three times, as compared to corresponding period a year ago. The board meeting o
Published 22 Apr, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (April 21) and for Friday (April 22, 2005).
Published 22 Apr, 2005 12:00am
JSCM posts Rs 84 million profit in 9 months

JSCM posts Rs 84 million profit in 9 months

The net earnings of the Jahangir Siddiqui Capital Markets Limited (JSCM), during the nine months of the current fiscal year, showed a significant growth, increasing by almost three times, as compared to corresponding period a year ago. The board meeting o
Published 22 Apr, 2005 12:00am
Pakistan lodges protest to EU

Pakistan lodges protest to EU

Pakistan on Thursday made a strong demarche' over the refusal of the European Parliament to meet Senator Maulana Sami-ul-Haq and termed it entirely uncalled for and totally unacceptable. Pakistan had taken a strong exception to the treatment meted out to
Published 22 Apr, 2005 12:00am
Earth Day today

Earth Day today

Earth Day is celebrated each year by millions of people world-wide on April 22. The year 2005 is its 35th year of Earth Day. The celebrations mark the anniversary of modern environmental movement that began in 1970. Earth Day is an international event whe
Published 22 Apr, 2005 12:00am
World Bank and IMF warn of surging oil prices

World Bank and IMF warn of surging oil prices

The World Bank and the International Monetary Fund (IMF) have warned member states that oil prices will continue to surge and they should plan their budgets and economic development projects accordingly, spokesman of the finance ministry Dr Ashfaq Hassan
Published 22 Apr, 2005 12:00am
National Assembly condemns European Parliament's decision

National Assembly condemns European Parliament's decision

The National Assembly on Thursday passed a resolution to condemn the European Parliament's decision not to meet the Senator Maulana Sami-ul-Haq. Earlier, members from both sides of the divide, described the incident a glaring instance of discrimination ag
Published 22 Apr, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (April 21, 2005).

Published 22 Apr, 2005 12:00am
'US not against Gwadar port construction'

'US not against Gwadar port construction'

United States has shown no mal-intentions against the construction of multi-billion Gwadar Port negating the impression created by some quarters to hamper Pak-US relations. US Ambassador to Pakistan, Ryan C. Crocker called on Federal Minister for Ports an
Published 22 Apr, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 21, 2005).

Published 22 Apr, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 21, 2005).

Published 22 Apr, 2005 12:00am
DHA signs $10 million MoU with US firm

DHA signs $10 million MoU with US firm

Defence Housing Authority (DHA) Islamabad on Thursday signed a Memorandum of Understanding (MoU) with American firm International Spectrum Development Inc (ISDI) for a joint venture of $10 million. Chairman ISDI's board, Major General Lincoln Jones (Retd)
Published 22 Apr, 2005 12:00am
Articles of memorandum of association of FPCCI may be revised

Articles of memorandum of association of FPCCI may be revised

The articles of the memorandum of association of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) are likely to be revised. The FPCCI President has requested members of the managing committee to propose necessary revisions in the artic
Published 22 Apr, 2005 12:00am
Swiss musical group

Swiss musical group

The Swiss musical group, 'Stimmhorn', comprising two young artists from Switzerland, has recently performed successfully in Japan. Their tour in Pakistan will begin with one performance at the FTC Auditorium on April 23, 2005 at 8 pm. They will subsequent
Published 22 Apr, 2005 12:00am
Indian BSF team arrives in Karachi

Indian BSF team arrives in Karachi

A 17-member Indian Border Security Force delegation, led by Inspector General, Indian Punjab Frontier, Gulpareet Singh Gill, arrived in Karachi on Thursday to attend Pak-India Bi-Annual Border Meeting to be held on Friday. The Director General (DG) Ranger
Published 22 Apr, 2005 12:00am
THE RUPEE: decline in open market

THE RUPEE: decline in open market

Sliding trend was seen in the open market on Thursday on increased demand for dollars by the corporate sector, resultantly the rupee suffered modest decline, shedding 10 paisa for buying at 59.90 and losing five paisa on the selling counter at 59.95, mone
Published 22 Apr, 2005 12:00am
Supreme Court upholds conviction, four acquittals in tax evasion case

Supreme Court upholds conviction, four acquittals in tax evasion case

The first bench of the Supreme Court has upheld conviction of Agha Wazir Abbas, a former excise and taxation officer, by an Accountability Court for evasion of taxes amounting to Rs 66 million through fake liquor import permits. But at the same time the c
Published 22 Apr, 2005 12:00am
THE RUPEE: decline in open market

THE RUPEE: decline in open market

Sliding trend was seen in the open market on Thursday on increased demand for dollars by the corporate sector, resultantly the rupee suffered modest decline, shedding 10 paisa for buying at 59.90 and losing five paisa on the selling counter at 59.95, mone
Published 22 Apr, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (April 21, 2005).

Published 22 Apr, 2005 12:00am
CBR objects to levy of CED on Internet service providers

CBR objects to levy of CED on Internet service providers

Directorate General, Intelligence and Investigation, Customs and Excise is still allegedly involved in framing bogus cases against different service providers and not following the Central Board of Revenue (CBR) directives clearly giving correct interpret
Published 22 Apr, 2005 12:00am
PML-N hints at parting ways with ARD

PML-N hints at parting ways with ARD

Frustrated by fast-approaching climax of Musharraf-Benazir reported political affair, the Pakistan Muslim League (PML-N) on Thursday clearly hinted at parting ways with Alliance for the Restoration of Democracy (ARD). The PML-N also announced that it will
Published 22 Apr, 2005 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Thursday (April 21, 2005).

Published 22 Apr, 2005 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The 24th session of National Assembly concluded on Thursday, but on what a tumultuous note! In less than two hours that the sitting lasted there were three walkouts, one suspension of House business triggered by lack of quorum, loud sparring across the ai
Published 22 Apr, 2005 12:00am
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