News Archives for Print - 2005-09-05

Afghan parliamentary election candidate attacked, 11 killed

A bomb wounded a candidate in upcoming parliamentary elections as eight policemen, two militants and a civilian were killed in Afghanistan's bloody countdown to the polls, officials said Sunday.

Published 05 Sep, 2005 12:00am

Arson blamed as new Paris fire kills 15

Fifteen people, including at least three children, were killed and more than 30 injured in an apartment block fire in a southern Paris suburb early Sunday - the third fatal fire to hit the French capital in nine days.

Published 05 Sep, 2005 12:00am

Qalibaf becomes Tehran mayor

Iran's former chief of police Mohammad Baqer Qalibaf, a runner-up in June's presidential election, has been voted mayor of Tehran, the city council said on Sunday. The moderate conservative, who won favour for mediating between police and students during

Published 05 Sep, 2005 12:00am

Putin sacks Navy head a month after mini-sub drama

Russian President Vladimir Putin sacked navy chief Admiral Vladimir Kuroyedov on Sunday at a time when the military is facing criticism over its handling of a mini-submarine accident last month. The Kremlin said Putin had appointed Admiral Vladimir Masori

Published 05 Sep, 2005 12:00am

Iraq's al Qaeda says Katrina is 'wrath of God'

The al Qaeda group in Iraq on Sunday hailed the hurricane deaths in America as the "wrath of God", according to an Internet statement. "God attacked America and the prayers of the oppressed were answered," said the statement, which was posted on an Islami

Published 05 Sep, 2005 12:00am

Thousands mourn Indian-born US soldier killed in Iraq

Thousands of mourners in the western Indian state of Gujarat thronged the burial Sunday of an Indian-born US soldier who died on duty in war-torn Iraq, witnesses said. Hatim Kathiria, who was killed in a rocket attack on a warehouse in Baghdad on August 2

Published 05 Sep, 2005 12:00am

Iraq to put Saddam on trial October 19

Former Iraqi dictator Saddam Hussein will go on trial on October 19 over the massacre of Shiite villagers more than two decades ago, for which he could face the death penalty, officials said Sunday.

Published 05 Sep, 2005 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 05 Sep, 2005 12:00am

Shaban moon not sighted

The Central Ruet-e-Hilal Committee on Sunday announced that Shaban moon has not been sighted and the Shaban 1 will fall on Tuesday, September 6.

Published 05 Sep, 2005 12:00am

Prime Minister thanks Turkish counterpart

Prime Minister Shaukat Aziz on Sunday contacted Turkish Prime Minister Recep Tayyep Erdogan on telephone and thanked him for his personal efforts, role and assistance in arranging the meeting between Foreign Minster Khurshid Mehmud Kasuri and Foreign Mini

Published 05 Sep, 2005 12:00am

Defence Day on September 6

Armed Forces along with the entire nation will celebrate the Defence Day of Pakistan tomorrow (Tuesday). The day of September 6 carries a significant place in the country's history when the entire nation along with their valiant armed forces defended the

Published 05 Sep, 2005 12:00am

President to open moot on women

Pakistan is organising an international conference on 'Violence against Women' on September 7-8 in Islamabad. Nelofar Bakhtiar, Advisor to the Prime Minister on Women Development, said this at a press conference here on Sunday.

Published 05 Sep, 2005 12:00am

Political activity to restart in capital today

As the National Assembly is due to resume its session at Parliament House here on Monday afternoon after two days' break, the Capital will again be the focus of political activity till the third phase of local bodies elections early next month.More influe

Published 05 Sep, 2005 12:00am

Talks with Israel to help Palestinians: Kasuri

Foreign Minister Khurshid Mehmood Kasuri on Sunday said Pakistan took the initiative to hold talks with Israel to help Palestinians. Talking to PTV he said, when Palestinian President Mahmood Abbas visited Pakistan, he asked President Musharraf to utilise

Published 05 Sep, 2005 12:00am

Medicaid cutbacks painful as US states push reforms

It was a Monday in late July and Mary Foster was almost out of medicine. Because of new state Medicaid cutbacks that took effect on July 1, the 62-year-old Missouri woman wasn't sure how she would get the $600 worth of prescription pills and insulin she t

Published 05 Sep, 2005 12:00am

Ordinance issued to amend Sindh Transfusion of Safe Blood Act

Sindh Governor Dr Ishratul Ibad has issued an ordinance amending the Sindh Transfusion of Safe Blood Act, 1997 which will come into effect immediately to make the blood transfusion system in Sindh safe and to regulate the working of blood banks and concer

Published 05 Sep, 2005 12:00am

Gaza's ghost airport awaits better days

Four years after Gaza International Airport's sole runway and control tower were demolished by Israeli F-16s, one Palestinian man remembers the ghostly terminal's better days and waits patiently for their return. "This airport was the symbol of the Palest

Published 05 Sep, 2005 12:00am

Irish project aims to bring art to space, and space to Earth

Space Synapse, an Irish project at the cutting edge of both art and scientific research, wants to install an interactive work of art on board the International Space Station within the next two years. Its aim - to give the world a means of communicating w

Published 05 Sep, 2005 12:00am

'Umra operation alert'

Each Umra season starts in 'Rabi-ul-Awwal' and ends by 'Shawwal'. In its total duration of 8 months, the month of Ramazan is considered to be the period of peak 'Umra season' during which millions of pilgrims from Pakistan travel to Saudi Arabia by PIA an

Published 05 Sep, 2005 12:00am

KILLER KATRINA

United States of America has been hit by one of the worst natural disasters in its history. In New Orleans, Louisiana and its surroundings Hurricane Katrina has damaged beyond repair tens of thousands of homes and businesses and left more than 78,000 peop

Published 05 Sep, 2005 12:00am

Defending unity?

Today, the term Islam is linked with violence, oppression and backwardness. The creation of this perception is the sole responsibility of the government and media. The government is the vanguard of this re-branding campaign which can be seen from the evil

Published 05 Sep, 2005 12:00am

A troubled renaissance for Islam in Russia's Tatarstan republic

The number of mosques has gone up by hundreds with the authorities in Tatarstan, Russia's mostly Muslim republic on the Volga, looking favourably on - but they stand empty while the youngsters seek spiritual identity with forbidden radical sects.

Published 05 Sep, 2005 12:00am

Whose job is it anyway? - Regulating trade in financial instruments

For the past six months, financial journalism has been obsessed with KSE's meltdown of mid-March 2005 and its aftermath. Every body and his uncle too has gotten into the act.

Published 05 Sep, 2005 12:00am

Efforts on to strengthen external publicity network: minister

Pakistan will strengthen its external publicity network for projecting country's soft image abroad and promoting bilateral ties, particularly in the economic sector. The country's foreign missions have already been directed for projecting national interes

Published 05 Sep, 2005 12:00am

Better health care

Commendably for it, the government has started to pay serious attention to the achievement of UN's anti-poverty Millennium Development Goals (MDG) to which Pakistan is a signatory. A few days ago, President General Pervez Musharraf had announced a plan to

Published 05 Sep, 2005 12:00am

Causes of worsening poverty trend in Sindh

A World Bank report notes that in 2002-2003 approximately 13.6 million people in Sindh were living below the poverty line - a figure contrasting unfavourably with the 1993-94 total of 6.5 million people. In addition, the upper and middle classes also expe

Published 05 Sep, 2005 12:00am

PML-N leaders join ruling party

Former MPA Ghulam Sabir Ansari of PML-N, in a meeting with Punjab Chief Minister Chaudhry Pervaiz Elahi here on Sunday, has joined ranks of PML-Q.

Published 05 Sep, 2005 12:00am

Local government polls and Rawalpindi uplift plans discussed

Sheikh Rashid Ahmed Federal Information Minister discussed schemes and matters pertaining to development of Rawalpindi with Punjab Chief Minister here on Sunday. The minister who called on Chief Minister Punjab also discussed recently held Local Bodies po

Published 05 Sep, 2005 12:00am

'Exchange of students to promote harmony'

Vice-chancellor University of Veterinary and Animal Sciences (UVAS) Lahore Professor Dr Manzoor Ahmad has said that inter-provincial exchange of students is promoting inter-provincial harmony.

Published 05 Sep, 2005 12:00am

Three electrocuted

Three people including a factory worker were electrocuted, here on Sunday. In first incident, Mohammad Farooq was electrocuted, when he was working in Allahwali Printing Mills. In another incident, a young boy Muhammad Sulman was electrocuted in Rashidaba

Published 05 Sep, 2005 12:00am

Transport policy to be introduced with ADB aid

The federal government has attached "high priority" to the development of Transport infrastructure as the prime engine for economic growth and a comprehensive national transport policy will be enforced with the financial and technical assistance of the As

Published 05 Sep, 2005 12:00am

Three dacoits killed in encounter

Three dacoits were killed in police encounter near a village 742-GB in a forest area on the bank of Ravi river, where police is searching dens of dacoits since last five days. The dead body of Ramzan Asif had been taken into custody by the police and remo

Published 05 Sep, 2005 12:00am

Dacoits go on rampage in Faisalabad

Faisalabad and its adjoining areas remained in grip of dacoits, who have looted two buses, snatched three motorcycles during last 24 hours. According to details, a marriage party was returning to a village 534-GB Jaranwala Police Station, which was looted

Published 05 Sep, 2005 12:00am

Target to improve watercourses surpassed

Punjab and NWFP provinces have exceeded the targets fixed for improvement of watercourses last year while a new target of improvement of 15,050 watercourses was fixed for all provinces during the current fiscal year 2005-06.

Published 05 Sep, 2005 12:00am

Test for admission to medical colleges on October 2

Entry test for admission in medical colleges will be held at five centres throughout the province on October 2, chairman admission committee and principal King Edward Medical College Professor Mumtaz Hassan told APP here on Sunday.

Published 05 Sep, 2005 12:00am

Punjab cultivates paddy on 4.215 million acre

About 4.215 million acres land has been brought under cultivation of paddy as against the target of 4.27 million acres, which is 98.5 percent of the target in Punjab. This was disclosed by Chaudhry Abdul Ghaffar, Director General Agriculture (Extension &

Published 05 Sep, 2005 12:00am

Traders assure PML-backed candidate of support

Mian Faisel Mukhtar, the PML-backed candidate for forthcoming District Nazim/Naib-Nazim elections, on Sunday received assurance of unconditional support from traders in Multan, who were elected as union council Nazims, Naib-Nazims and council bar in local

Published 05 Sep, 2005 12:00am

Five murdered in various incidents

Five persons including two women were murdered at various places of the district during last 24 hours. In first accident, one Muhabit Khan in Chak No 276-GB axed wife Roshan Bibi and his father-in-law Ahmad Yar to death over a domestic dispute. Jaranwala

Published 05 Sep, 2005 12:00am

Jamaat-i-Islami condemns Kasuri-Shalom meeting

Jamaat-e-Islami (JI), while condemning the first official meeting between Pakistan and Israel has said that any move against Islam would be resisted. The Jamaat-e-Islami leaders vowed this at a meeting held at with JI Amir Rao Zafar Iqbal in the chair her

Published 05 Sep, 2005 12:00am

Increased phutti arrivals, weak yarn prices depress cotton market

Except for some stray/localised reports of pest attack and somewhat broader reports of flower-shedding in a couple of districts of lower Sindh, the cotton crop is understood to be progressing well, and harvesting is also gaining momentum. Reports from Pun

Published 05 Sep, 2005 12:00am

Increased phutti arrivals, weak yarn prices depress cotton market

Except for some stray/localised reports of pest attack and somewhat broader reports of flower-shedding in a couple of districts of lower Sindh, the cotton crop is understood to be progressing well, and harvesting is also gaining momentum. Reports from Pun

Published 05 Sep, 2005 12:00am

NBF launches new scheme

The National Book Foundation (NBF) has announced Readers Club Scheme to offer 50 percent discount to the book lovers in Pakistan. According to a source of NBF, membership of Readers Club will be open from September 05. However, it will be allowed to only

Published 05 Sep, 2005 12:00am

Newly-elected Nazim's son kidnapped

A son of newly-elected Nazim of Union Council was kidnapped at gunpoint from his home in Rohillanwali on late Saturday. The kidnappers also shot fires in the air. The inmates immediately informed the police. As the police reached there they opened fires r

Published 05 Sep, 2005 12:00am

Campaign to ensure water availability soon

Punjab Agriculture and irrigation departments have decided to launch a campaign with the assistance of local police to check water theft in rice growing areas, including Gujranwala, Sheikhupura and Hafizabad within next week.

Published 05 Sep, 2005 12:00am

Probe into Sonia rape case begins today

District and Sessions Judge Faisalabad, Abdul Waheed Khan would start the formal inquiry on Monday September 5 to investigate the rape allegations made by Sonia Naz against Faisalabad police officials.

Published 05 Sep, 2005 12:00am

12,372 violators of traffic rules issued tickets

As many as 12,372 drivers/riders were issued tickets for either not wearing helmets or violating traffic regulations, during the first two days of the traffic regulation drive, said a spokesman of Karachi Traffic Police on Saturday.

Published 05 Sep, 2005 12:00am

Subscription of GP Fund rate revised

Consequent upon the revision of basic pay scales of Civil Employees of Provincial Government, Sindh Finance Department has revised the rate of subscription towards General Provident Fund (GP Fund).

Published 05 Sep, 2005 12:00am

Workshop on Kotri barrage downstream studies today

National Consultative Workshop on Kotri Barrage Downstream Studies is being organised jointly by Participatory Development Initiatives (PDI) and Action Aid Pakistan on Monday.

Published 05 Sep, 2005 12:00am

LHC moved against contacts with Israel

A member of the Lahore High Court Bar Association (LHCBA) has approached the Lahore High Court (LHC) against meeting between foreign ministers of Pakistan and Israel and prayed to the court to direct the respondent government to seek public mandate on the

Published 05 Sep, 2005 12:00am

Hand washing checks spread of viruses: experts

Health experts say washing hands reduces the spread of viruses and other organisms that causes various diseases, including cold, influenza, throat and ear infection, food poisoning and cholera.

Published 05 Sep, 2005 12:00am

Drive to check water theft soon

Punjab government has decided to launch a special campaign to check water theft in rice growing areas of the province. Punjab Agriculture Secretary Fayyaz Bashir stated this, while presiding over a meeting of Rice Working Group here on Saturday.

Published 05 Sep, 2005 12:00am

Chief minister to support PML-Q candidates for Sialkot Nazim

Punjab Chief Minister Chaudhry Pervaiz Elahi here on Sunday has announced support for Muhammad Akmal Cheema for the slot of District Nazim Sialkot, Amir Hussain for Tehsil Nazim Sialkot. The PML-Q will support these candidates in third phase of local bodi

Published 05 Sep, 2005 12:00am

Swift seed supplies pressure cotton prices

Swift seed cotton supplies have pressured cotton prices which were keeping low owing to improved buying by consumers around Rs 2250 and Rs 2335, depending on quality during the week ended on September 3, 2005. The official spot rate tumbled and lost Rs 75

Published 05 Sep, 2005 12:00am

Swift seed supplies pressure cotton prices

Swift seed cotton supplies have pressured cotton prices which were keeping low owing to improved buying by consumers around Rs 2250 and Rs 2335, depending on quality during the week ended on September 3, 2005. The official spot rate tumbled and lost Rs 75

Published 05 Sep, 2005 12:00am

Boat Club to take part in National Rowing Championship

A team consisting of 14 Rowers from the Karachi Boat Club will participate in the National Rowing Championship being held in Islamabad from the 12th to 14th September 2005.

Published 05 Sep, 2005 12:00am

ADB to give $600 million for Sindh uplift projects

The Asian Development Bank (ADB) will provide about 600 million dollars for development projects of Sindh during the period 2005-06.

Published 05 Sep, 2005 12:00am

20 percent duty on raw hides welcomed

Fawad Ijaz Khan, chairman, Pakistan Leather Garments Manufacturers & Exporters Association (Plgmea), has thanked Prime Minister Shaukat Aziz and Commerce Minister Humayun Akhtar Khan upon imposing 20 percent export duty on raw hides/skins & wet blue leath

Published 05 Sep, 2005 12:00am

Two youths commit suicide

Two youths committed suicide over minor disputes in different parts of the city during last 24 hours. According to police, Debar ended his life by taking poisonous pills after exchanging hot words with his parents at Fend Town.

Published 05 Sep, 2005 12:00am

Daily lesson planning prepared by donor wing: Unicef

Unicef Chief, Punjab, Dr Deepak Bhattacharya has said that daily lesson planning prepared by the donor co-ordination wing of Education Department will be introduced in 150 child friendly schools of Unicef, keeping in view the utility and effectiveness of

Published 05 Sep, 2005 12:00am

Smooth supplies restrict commodities to minor adjustments

The most commodities came under the impact of smooth supplies on the wholesale markets during the week ended on September 3, 2005. The commodities subjected to change were Urad, wheat, makai, garda Punjab, beetle chana, beetle 50x50, white pepper, mace, b

Published 05 Sep, 2005 12:00am

SSUET seminar

Sindh Governor Dr Ishratul Ibad Khan will be the chief guest at a one-day Seminar on 'Disaster Preparedness and Development of a Warning System for Coastal Region of Pakistan', will be held at Sir Syed University of Engineering and Technology (SSUET) on S

Published 05 Sep, 2005 12:00am

Special children need attention: minister

The Provincial Minister for Sports and Youth Affairs, Qamar Mansoor has said that special children are playing a significant role in the society and they need attention to further build-up their capabilities and hidden talents.

Published 05 Sep, 2005 12:00am

PYMA advice to businessmen

Pakistan Yarn Merchants Association (Punjab & Sarhad Zone) action committee chairman Muhammd Ashraf Gandhi has said that the Central Board of Revenue (CBR) has notified procedure for refund of excess input tax to dealers, distributors and wholesalers of g

Published 05 Sep, 2005 12:00am

PYMA advice to businessmen

Pakistan Yarn Merchants Association (Punjab & Sarhad Zone) action committee chairman Muhammd Ashraf Gandhi has said that the Central Board of Revenue (CBR) has notified procedure for refund of excess input tax to dealers, distributors and wholesalers of g

Published 05 Sep, 2005 12:00am

Speedy completion of low-cost housing schemes directed

Advisor to Chief Minister for Local Government Waseem Akhtar has said that expeditious completion of housing schemes for low income people is the foremost priority of Sindh government. During a visit to Hawkes Bay Scheme -42, he called for handing over po

Published 05 Sep, 2005 12:00am

One killed

Abdul Hafeez was murdered by two persons Safdar Laang and Shaukat Laang following a dispute mobile phone in Moza Hajipur (Khangarh) on Sunday. SHO/Inspector Muhammad Asghar Bukhari told that Safdar and Shaukat opened fires following the dispute of payment

Published 05 Sep, 2005 12:00am

Rs 3 million snatched from property dealer

More than five persons snatched a car, mobiles and an amount of Rs 3 million from a property dealer Khalid Hussain and his business partner Ghulam Sarwar after forcibly abducting them at gun point.

Published 05 Sep, 2005 12:00am

Pakistani embassy moves to curb problem of overstaying

The Pakistani embassy is seeking assistance from the Saudi and Pakistani governments to identify nationals overstaying in the kingdom after entering the country on Haj and Umra visas.

Published 05 Sep, 2005 12:00am

Seamen to get machine-readable identity document

Pakistani seafarers would be issued Machine Readable Seafarer Identity Document to get easy entry and exits to and from the ports of different countries participating ILO convention C185, official source said on Sunday.

Published 05 Sep, 2005 12:00am

Record cotton and wheat crops produced

Pakistan has produced record crops of cotton with 14.6 million bales and 21.6 million tonnes of wheat. According to a press release issued by Ministry of Food, Agriculture and Livestock (Minfal), the ministry was taking steps to improve the quality of agr

Published 05 Sep, 2005 12:00am

Trade bodies urged to work on scientific lines

The Union of Small and Medium Enterprises (Unisame) has despatched copies of booklet titled Model Association to various associations and has requested them to include the activities in their agenda in order to serve their members.

Published 05 Sep, 2005 12:00am

Arbab leaves for Saudi Arabia

Sindh Chief Minister Dr Arbab Ghulam Rahim on Sunday evening left for Saudi Arabia to perform Umrah. According to a handout of the Sindh Chief Minister's House, he left for Jeddah on PIA flight PK-731.

Published 05 Sep, 2005 12:00am

Outgoing Indonesian consul general leaves for home

Outgoing Consul General of Indonesia Entjim Herrianto along with his wife left for Jakarta on Sunday after completing his tenure in Karachi. He and his wife received a stream of visitors on Saturday, who called on him to wish him good luck and also bid hi

Published 05 Sep, 2005 12:00am

182 Pakistanis held on Iran border

Border Security Force arrested at least 182 people on Pakistan-Iran border and handed over to Taftan levies on Sunday. Talking to APP, Chaghi District Co-ordination Officer (DCO) Qamar Masood said that these people were crossing the border without any leg

Published 05 Sep, 2005 12:00am

SBP governor links progress to vibrant steel sector

"No country can progress without a potent and vibrant domestic steel sector," State Bank Governor Dr Ishrat Husain said. Dr Ishrat Husain visited Pakistan Steel (PS) on Saturday, September 3.

Published 05 Sep, 2005 12:00am

Peace expedition

Pakistani and French mountaineers have organised a symbolic peace expedition to promote harmony among different communities in Northern Areas. They have chosen Diran peak (7255m) in Nagar Gilgit as their destination while promoting tourism and improving r

Published 05 Sep, 2005 12:00am

150,000 tons wheat to be imported: minister

Food, Agriculture and Livestock Minister Sikandar Hayat Bosan on Sunday said up to 150,000 tonnes wheat would be imported during September-October to meet the country's requirement.

Published 05 Sep, 2005 12:00am

Nation against recognising Israel: MMA leader

The Muttahida Majlis-i-Amal (MMA) leaders on Sunday said that Pakistani nation says no to recognising Israel, as doing so will be tantamount to stabbing a knife in the back of Palestinian people.

Published 05 Sep, 2005 12:00am

Fazl asks world powers to shun policy of genocide

Muttahida Majlis-i-Amal (MMA) Secretary General and leader of the opposition in National Assembly Maulana Fazlur Rehman has asked that world powers to play their due role for global peace.

Published 05 Sep, 2005 12:00am

APTUF protest

All Pakistan Trade Union Federation (APTUF) led by its Secretary General Gulzar Ahmed Chaudhry will protest against raise in gasoline prices in front of Lahore Press Club on Sunday. The labour leader meanwhile criticising raise in gasoline prices said tha

Published 05 Sep, 2005 12:00am

Pakistan offers help in Katrina relief efforts

Pakistan on Sunday offered to send a team of doctors and paramedics to the hurricane-hit region of the United States to support relief agencies. "The Pakistan embassy in Washington is in constant contact with the task force established by the US Departmen

Published 05 Sep, 2005 12:00am

Two killed in road accident

Two people, including a woman were killed while eight others injured when a wagon they were travelling in overturned on Sahiwal-Lahore Road near Qadarabad on Sunday.

Published 05 Sep, 2005 12:00am

MONEY WEEK: banks'' ''lending to financial institutions'' declines by over Rs 21 billion in one week

According to the latest statistics, placed by the central bank on its website, total assets and liabilities of scheduled banks in Pakistan have provisionally shrunk by Rs 10.3 billion in the week ended on August 20, 2005.

Published 05 Sep, 2005 12:00am

MONEY WEEK: banks' 'lending to financial institutions' declines by over Rs 21 billion in one week

According to the latest statistics, placed by the central bank on its website, total assets and liabilities of scheduled banks in Pakistan have provisionally shrunk by Rs 10.3 billion in the week ended on August 20, 2005.

Published 05 Sep, 2005 12:00am

MONEY WEEK: banks' 'lending to financial institutions' declines by over Rs 21 billion in one week

According to the latest statistics, placed by the central bank on its website, total assets and liabilities of scheduled banks in Pakistan have provisionally shrunk by Rs 10.3 billion in the week ended on August 20, 2005.

Published 05 Sep, 2005 12:00am

Bahrain Islamic insurance firm has $8 million premiums

Bahrain-based Solidarity, an Islamic insurance company, said on Sunday it received $8 million of insurance premiums in its first year of operations. Head of marketing Sharif al-Rayes told Reuters the firm expected premiums to increase by about 25 percent

Published 05 Sep, 2005 12:00am

Bahrain Islamic insurance firm has $8 million premiums

Bahrain-based Solidarity, an Islamic insurance company, said on Sunday it received $8 million of insurance premiums in its first year of operations. Head of marketing Sharif al-Rayes told Reuters the firm expected premiums to increase by about 25 percent

Published 05 Sep, 2005 12:00am

Chad activists say oil revenues fail to help poor

Activists accused the World Bank of failing to ensure that Chad invests new-found oil wealth in development, saying the money had only enriched foreign firms and political elites in one of the world's poorest countries.

Published 05 Sep, 2005 12:00am

Upward rally on LSE last week

Share prices showed upward movement for the second consecutive week, receiving support from petroleum sector and banking stocks, with the index registering a net improvement of 2.63 percent on the Lahore Stock Exchange (LSE).

Published 05 Sep, 2005 12:00am

Upward rally on LSE last week

Share prices showed upward movement for the second consecutive week, receiving support from petroleum sector and banking stocks, with the index registering a net improvement of 2.63 percent on the Lahore Stock Exchange (LSE).

Published 05 Sep, 2005 12:00am

No change in policy on Israel's recognition: Prime Minister

Prime Minister Shaukat Aziz on Sunday said that there "has been no change" in Pakistan's policy about recognition of Israel, and the recent meeting between the foreign ministers of Pakistan and Israel was only to promote Palestinian cause and ensure peace

Published 05 Sep, 2005 12:00am

Investors upbeat on KSE

The benchmark KSE-100 continued its positive pattern during last week and gained 204 points, creating a favourable environment, which led to the highest intra-day level of 7832 in the last five months and investors thronged to counters, placing fresh deal

Published 05 Sep, 2005 12:00am

Investors upbeat on KSE

The benchmark KSE-100 continued its positive pattern during last week and gained 204 points, creating a favourable environment, which led to the highest intra-day level of 7832 in the last five months and investors thronged to counters, placing fresh deal

Published 05 Sep, 2005 12:00am

Investors upbeat on KSE

The benchmark KSE-100 continued its positive pattern during last week and gained 204 points, creating a favourable environment, which led to the highest intra-day level of 7832 in the last five months and investors thronged to counters, placing fresh deal

Published 05 Sep, 2005 12:00am

Sales tax audit to be resumed shortly

Sales tax audit will be resumed shortly, after training of tax officials at Lahore, though the new audit policy is more or less blueprint of the procedure in vogue for the last many years. The CBR had suspended sales tax internal audit since October 2004,

Published 05 Sep, 2005 12:00am

Sales tax audit to be resumed shortly

Sales tax audit will be resumed shortly, after training of tax officials at Lahore, though the new audit policy is more or less blueprint of the procedure in vogue for the last many years. The CBR had suspended sales tax internal audit since October 2004,

Published 05 Sep, 2005 12:00am

Sales tax audit to be resumed shortly

Sales tax audit will be resumed shortly, after training of tax officials at Lahore, though the new audit policy is more or less blueprint of the procedure in vogue for the last many years. The CBR had suspended sales tax internal audit since October 2004,

Published 05 Sep, 2005 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 25	154.29
USD to Swiss Franc / Nov 25	0.89
Pound Sterling to USD / Nov 25	1.26
Euro to USD / Nov 25	1.05

Stock	Volume
S&P 500 / Nov 22	5,969.34
Nasdaq / Nov 22	18,003.65
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59
France CAC40 / Nov 22	7,255.01
India Sensex / Nov 25	80,331.40
Tokyo Nikkei / Nov 25	38,933.62

Item	Value
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 25	248.38
Crude Oil USD/Barrel / Nov 25	70.68
Karachi Cotton PKR/37.32 KG / Nov 25	17,685
Gold Spot USD/Ounce / Nov 25	2,664.27
Diesel/Litre / Nov 25	255.14

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 25 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 25 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 25 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 25 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
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