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Print - 2006-03-11
Volume of unemployed down 0.03 million

Volume of unemployed down 0.03 million

The volume of unemployment in Pakistan has declined by only 0.03 million during 2003-04 as compared to 2001-02 when it stood at 3.51 million, however, unemployment in males has increased as compared to females.
Published 11 Mar, 2006 12:00am
Fisheries sector: Pakistan and China finalise cooperation modalities

Fisheries sector: Pakistan and China finalise cooperation modalities

Pakistan and China have finalised certain modalities to enhance their existing cooperation in the field of fisheries. It was agreed that the governments of the two countries will exchange scientific/technical information and arrange visits of scientists,
Published 11 Mar, 2006 12:00am
Over 100 terrorists killed in Waziristan: ISPR

Over 100 terrorists killed in Waziristan: ISPR

Security forces during recent operations in Miranshah and Mir Au in North Waziristan Agency (NWA) have not only flushed out the terrorists and gained control of the area but also seized a huge cache of arms and ammunition in the process.
Published 11 Mar, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
Bush visit a mere eyewash: PML-N

Bush visit a mere eyewash: PML-N

Criticising the 'faulty policies' of President Pervez Musharraf, Pakistan Muslim League-Nawaz said on Friday the United States had left Pakistan in a lurch by supporting Afghan and Indian stance on terrorism and other regional issues.
Published 11 Mar, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
British Petroleum CEO calls on Prime Minister

British Petroleum CEO calls on Prime Minister

Underlining the vital link between energy sources and the momentum of growth, Prime Minister Shaukat Aziz said on Friday the country's energy needs were increasing by 10-12 percent per annum.
Published 11 Mar, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
'LPG at affordable price to be ensured'

'LPG at affordable price to be ensured'

The second meeting of Inter-Ministerial Committee, constituted by Prime Minister Shaukat Aziz to frame Liquefied Petroleum Gas (LPG) Policy-2006, held here on Friday under the chairmanship of Federal Minister for Petroleum and Natural Resources Amanullah
Published 11 Mar, 2006 12:00am
Dacoits loot Rs 4 million, kill two guards

Dacoits loot Rs 4 million, kill two guards

Two unknown armed dacoits shot dead two security guards Sikandar Hayat and Muhammad Arshad of a private security company-Phonex and took away cash amounting to Rs four million at Akbari Mandi on Friday.
Published 11 Mar, 2006 12:00am
Shahbaz meets Benazir

Shahbaz meets Benazir

PML (N) president Mian Shahbaz Sharif on Friday afternoon met former Prime Minister and Chairperson of Pakistan Peoples Party Benazir Bhutto at her residence in Dubai.
Published 11 Mar, 2006 12:00am
Shahbaz meets Benazir

Shahbaz meets Benazir

PML (N) president Mian Shahbaz Sharif on Friday afternoon met former Prime Minister and Chairperson of Pakistan Peoples Party Benazir Bhutto at her residence in Dubai.
Published 11 Mar, 2006 12:00am
Bombs kill 13 in Iraq

Bombs kill 13 in Iraq

A suicide truck bomb killed at least 11 people in western Iraq on Friday, and in Baghdad a roadside bomb set ablaze a US Abrams tank, a symbol of American military might.
Published 11 Mar, 2006 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
Bombs kill 13 in Iraq

Bombs kill 13 in Iraq

A suicide truck bomb killed at least 11 people in western Iraq on Friday, and in Baghdad a roadside bomb set ablaze a US Abrams tank, a symbol of American military might.
Published 11 Mar, 2006 12:00am
JF-17 aircraft contract awarded to Chinese company

JF-17 aircraft contract awarded to Chinese company

The contract of infrastructure development of JF-17 (Thunder) aircraft has been awarded to M/s China State Construction Engineering Corporation. In this regard, a contract signing ceremony was held at Air Headquarters here on Friday.
Published 11 Mar, 2006 12:00am
JF-17 aircraft contract awarded to Chinese company

JF-17 aircraft contract awarded to Chinese company

The contract of infrastructure development of JF-17 (Thunder) aircraft has been awarded to M/s China State Construction Engineering Corporation. In this regard, a contract signing ceremony was held at Air Headquarters here on Friday.
Published 11 Mar, 2006 12:00am
JF-17 aircraft contract awarded to Chinese company

JF-17 aircraft contract awarded to Chinese company

The contract of infrastructure development of JF-17 (Thunder) aircraft has been awarded to M/s China State Construction Engineering Corporation. In this regard, a contract signing ceremony was held at Air Headquarters here on Friday.
Published 11 Mar, 2006 12:00am
Inter-bourse trading system proposed

Inter-bourse trading system proposed

The Islamabad Stock Exchange (ISE) has drafted a proposal for introducing ''National Market System'' (NMS) to streamline the buying/selling of shares at Karachi Stock Exchange (KSE), Lahore Stock Exchange (LSE) and ISE through inter-linked online system.
Published 11 Mar, 2006 12:00am
Inter-bourse trading system proposed

Inter-bourse trading system proposed

The Islamabad Stock Exchange (ISE) has drafted a proposal for introducing 'National Market System' (NMS) to streamline the buying/selling of shares at Karachi Stock Exchange (KSE), Lahore Stock Exchange (LSE) and ISE through inter-linked online system.
Published 11 Mar, 2006 12:00am
Inter-bourse trading system proposed

Inter-bourse trading system proposed

The Islamabad Stock Exchange (ISE) has drafted a proposal for introducing 'National Market System' (NMS) to streamline the buying/selling of shares at Karachi Stock Exchange (KSE), Lahore Stock Exchange (LSE) and ISE through inter-linked online system.
Published 11 Mar, 2006 12:00am
Situation in two tribal agencies reviewed

Situation in two tribal agencies reviewed

A high-level meeting on Friday reviewed security situation in the troubled North Waziristan and Khyber Agency of the Federally Administered Tribal Areas (Fata). Governor NWFP Khalil-ur-Rehman presided over the meeting held at the Governor's House.
Published 11 Mar, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
Situation in two tribal agencies reviewed

Situation in two tribal agencies reviewed

A high-level meeting on Friday reviewed security situation in the troubled North Waziristan and Khyber Agency of the Federally Administered Tribal Areas (Fata). Governor NWFP Khalil-ur-Rehman presided over the meeting held at the Governor's House.
Published 11 Mar, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 10, 2006).
Published 11 Mar, 2006 12:00am
Power trade with Delhi, Kabul, CAS on cards: minister

Power trade with Delhi, Kabul, CAS on cards: minister

Pakistan is making efforts to materialise electricity trade with India, Afghanistan and Central Asian States besides setting up power exchange grid station to connect member countries of Saarc.
Published 11 Mar, 2006 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
Solar parks planned for Sindh

Solar parks planned for Sindh

Sindh Governor Dr Ishratul Ibad Khan on Friday directed the concerned authorities to set up units of alternate energy in backward areas of the province, especially the Thar desert, to produce electricity without consuming any fuel that would also help con
Published 11 Mar, 2006 12:00am
Solar parks planned for Sindh

Solar parks planned for Sindh

Sindh Governor Dr Ishratul Ibad Khan on Friday directed the concerned authorities to set up units of alternate energy in backward areas of the province, especially the Thar desert, to produce electricity without consuming any fuel that would also help con
Published 11 Mar, 2006 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
Solar parks planned for Sindh

Solar parks planned for Sindh

Sindh Governor Dr Ishratul Ibad Khan on Friday directed the concerned authorities to set up units of alternate energy in backward areas of the province, especially the Thar desert, to produce electricity without consuming any fuel that would also help con
Published 11 Mar, 2006 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
WPP extending reach in China with acquisition

WPP extending reach in China with acquisition

WPP, the world's second largest group of advertising companies, said on Friday its JWT agency is buying the owner of two Chinese promotional and merchandising companies, extending its reach in the high-growth country.
Published 11 Mar, 2006 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (March 10, 2006).

Published 11 Mar, 2006 12:00am
Kremlin drive for economic control flawed: Gaidar

Kremlin drive for economic control flawed: Gaidar

The Kremlin's drive to boost control over the economy risks breeding corruption and sapping economic growth, Yegor Gaidar, architect of Russia's market reforms of the early 1990s, told Reuters.
Published 11 Mar, 2006 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 11 Mar, 2006 12:00am
US-UAE postpone free trade talks

US-UAE postpone free trade talks

The United States and United Arab Emirates have postponed free trade talks set for next week, the US Trade Representative's office said on Friday.
Published 11 Mar, 2006 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 11 Mar, 2006 12:00am
EU current account deficit widens

EU current account deficit widens

The European Union's current account deficit increased nearly fivefold last year to 88 billion euros, according to an estimate released Friday by the EU's Eurostat data agency.
Published 11 Mar, 2006 12:00am
BRIndex30 depicts 3.32 percent fall

BRIndex30 depicts 3.32 percent fall

BRIndex30 registered a net decline of -394.05, or -3.32 percent, on Friday, closing at 11,464.31. The BRIndex30 made an intra-day high of 11,909.02 and low of 11,405.65. The volume amounted to 220,594,900, which is 86.25 percent of the total market and 97
Published 11 Mar, 2006 12:00am
BRIndex30 depicts 3.32 percent fall

BRIndex30 depicts 3.32 percent fall

BRIndex30 registered a net decline of -394.05, or -3.32 percent, on Friday, closing at 11,464.31. The BRIndex30 made an intra-day high of 11,909.02 and low of 11,405.65. The volume amounted to 220,594,900, which is 86.25 percent of the total market and 97
Published 11 Mar, 2006 12:00am
Free-float adjusted index need of the hour: Awan

Free-float adjusted index need of the hour: Awan

The stock market has fundamental values and investors should pick scrips accordingly, this was stated by adviser to Employees Old-age Benefits Institution (EOBI) Farooq Awan during an interview with AAJ markets on Friday.
Published 11 Mar, 2006 12:00am
Bears take control of ISE

Bears take control of ISE

Bears snatched the floor from the bulls at the Islamabad Stock Exchange (ISE) where equities failed to show recovery signs amid decrease in index. ISE Ten index showed a decrease of 86.96 points, as the index closed at 3,013.83 points.
Published 11 Mar, 2006 12:00am
Six of a family shot dead

Six of a family shot dead

Noor Ahmed shot dead his father Nawab Ali (65), elder brother Ghufran Ahmed (35) his children Ali Raza (5), Farhat Ghufran (6), Aneesa (8) and Imran Ahmed (9). However his brother's wife escaped miraculously in Chak No 314 (GB) Toba Tek Singh district som
Published 11 Mar, 2006 12:00am
Bears take control of ISE

Bears take control of ISE

Bears snatched the floor from the bulls at the Islamabad Stock Exchange (ISE) where equities failed to show recovery signs amid decrease in index. ISE Ten index showed a decrease of 86.96 points, as the index closed at 3,013.83 points.
Published 11 Mar, 2006 12:00am
BRIDGE NOTES: A daring slam bid met with success

BRIDGE NOTES: A daring slam bid met with success

Despite general lamentations towards dwindling interest in bridge among the young generation, Karnataka state in south of India accounts for a number of duplicate bridge tournaments, each calendar year in majority of its numerous districts.
Published 11 Mar, 2006 12:00am
LSE suffers more losses

LSE suffers more losses

The local share market failed to maintain the overnight rising posture on the weekend and fell victim to selling pressure, notably in National Bank and PPL, forcing the indeed to nose-dive 3.87-percent.
Published 11 Mar, 2006 12:00am
SPORTS WORLD: Mystery shrouds PCB registration with SECP

SPORTS WORLD: Mystery shrouds PCB registration with SECP

The Transparency International, Pakistan, has been suggesting remedies to wipe out corruption, nepotism and misdoing by various government departments and semi-government organisations, but the alleged wrongdoing of the ad hoc administration of the Pakist
Published 11 Mar, 2006 12:00am
LSE suffers more losses

LSE suffers more losses

The local share market failed to maintain the overnight rising posture on the weekend and fell victim to selling pressure, notably in National Bank and PPL, forcing the indeed to nose-dive 3.87-percent.
Published 11 Mar, 2006 12:00am
UK tax experts demonstrate working of ADR system

UK tax experts demonstrate working of ADR system

Tax experts from UK gave a demonstration on the 'Alternative Dispute Resolution' system in a complicated tax case pertaining to investment in real estate and income source of the investor.
Published 11 Mar, 2006 12:00am
Rs 825-Rs 850 billion likely revenue target for 2006-07

Rs 825-Rs 850 billion likely revenue target for 2006-07

The Central Board of Revenue (CBR) has conveyed to the International Monetary Fund (IMF) that the revenue collection target for 2006-07 would range between Rs 825 billion and Rs 850 billion, depending on the continuity in the current pace of revenue colle
Published 11 Mar, 2006 12:00am
Evolution of musical instruments - Piano

Evolution of musical instruments - Piano

A large number of Western musical instruments, with the passage of time, have become inseparable components of Pakistani orchestra that are now used for the recording of radio, TV and film songs. Among these clarinets, violins, organs, keyboards and piano
Published 11 Mar, 2006 12:00am
Rs 825-Rs 850 billion likely revenue target for 2006-07

Rs 825-Rs 850 billion likely revenue target for 2006-07

The Central Board of Revenue (CBR) has conveyed to the International Monetary Fund (IMF) that the revenue collection target for 2006-07 would range between Rs 825 billion and Rs 850 billion, depending on the continuity in the current pace of revenue colle
Published 11 Mar, 2006 12:00am
LAHORE CULTURAL DIARY: Spring Festival kicked off

LAHORE CULTURAL DIARY: Spring Festival kicked off

An exhibition of the works of late Anwar Jalal Shamza and his wife Katrina, the celebrations connected with Spring Festival and International Book Fair were the cultural highlights in Lahore during.
Published 11 Mar, 2006 12:00am
Rs 825-Rs 850 billion likely revenue target for 2006-07

Rs 825-Rs 850 billion likely revenue target for 2006-07

The Central Board of Revenue (CBR) has conveyed to the International Monetary Fund (IMF) that the revenue collection target for 2006-07 would range between Rs 825 billion and Rs 850 billion, depending on the continuity in the current pace of revenue colle
Published 11 Mar, 2006 12:00am
Thar Express rekindles hope of economic benefits

Thar Express rekindles hope of economic benefits

"Queen of Desert- Bridge of Peace" inscribed on engine of the Thar Express crossed Zero Point in Pakistan area and steamed up to Monabao in India in the afternoon of February 18 opening a new vista for people living on both sides of the divide. A moment f
Published 11 Mar, 2006 12:00am
Doctors jailed for Qaeda ties freed

Doctors jailed for Qaeda ties freed

The Sindh High Court on Friday set aside conviction of doctor brothers and acquitted them of charges pertained to harbouring, providing medical treatment to Jundullah activists.
Published 11 Mar, 2006 12:00am
Scramble for energy resources

Scramble for energy resources

Proper energy exploration efforts in tapping indigenous resources can help improve the prospects of South Asia development. This region, no doubt, has huge unexplored and untapped energy resources and our continued commitment to boost co-operation would h
Published 11 Mar, 2006 12:00am
Doctors jailed for Qaeda ties freed

Doctors jailed for Qaeda ties freed

The Sindh High Court on Friday set aside conviction of doctor brothers and acquitted them of charges pertained to harbouring, providing medical treatment to Jundullah activists.
Published 11 Mar, 2006 12:00am
Women's interactive platform for development

Women's interactive platform for development

For the first time ever in the history of Pakistan, over 100,000 women will congregate at a single platform to celebrate their individuality and to mark their existence as equal partners in the social and economic progress of the country.
Published 11 Mar, 2006 12:00am
MMA bags 3 Senate seats from Fata

MMA bags 3 Senate seats from Fata

The Muttahida Majlis-e-Amal (MMA) bagged three Senate seats from Fata, while the ruling Pakistan Muslim League won the Federal Capital (General) seat while an independent candidate from Fata made his way to the Upper House on Friday.
Published 11 Mar, 2006 12:00am
BOOK REVIEW: Metamorphosis of music system

BOOK REVIEW: Metamorphosis of music system

Writing on music and about musicians seems to have become fashionable among pen pushers, who are not well versed with this sophisticated but interesting subject or its diction. Among a large number of essays published in newspapers and magazines in recent
Published 11 Mar, 2006 12:00am
MMA bags 3 Senate seats from Fata

MMA bags 3 Senate seats from Fata

The Muttahida Majlis-e-Amal (MMA) bagged three Senate seats from Fata, while the ruling Pakistan Muslim League won the Federal Capital (General) seat while an independent candidate from Fata made his way to the Upper House on Friday.
Published 11 Mar, 2006 12:00am
CAPITAL CULTURAL SCENE: 'Turkish Delight' launched

CAPITAL CULTURAL SCENE: 'Turkish Delight' launched

Capital seemed as if it was under siege for the Bush's visit and the call for a wheel jam by MMA. It gave a deserted look with roads and roundabouts teeming with police personnel. Spring is here with flowers blooming in all colours. Every one seems to be
Published 11 Mar, 2006 12:00am
PC agrees to pay Rs 90 million to former workers of PSFL

PC agrees to pay Rs 90 million to former workers of PSFL

The Privatisation Commission has agreed to pay Rs 90 million to former workers of Pak-Saudi Fertiliser Limited (PSFL) as personal pay, expected to be equally shared by the Commission and Fauji Fertiliser Company Limited (FFCL), according to documents made
Published 11 Mar, 2006 12:00am
Rugby's birthplace

Rugby's birthplace

On a business visit to Rugby, a small town in England, I had not even the slightest idea that I could see a rich variety of history and scenery that was presented in the region. The visit in fact turned out to be very enjoyable, rewarding and memorable.
Published 11 Mar, 2006 12:00am
PC agrees to pay Rs 90 million to former workers of PSFL

PC agrees to pay Rs 90 million to former workers of PSFL

The Privatisation Commission has agreed to pay Rs 90 million to former workers of Pak-Saudi Fertiliser Limited (PSFL) as personal pay, expected to be equally shared by the Commission and Fauji Fertiliser Company Limited (FFCL), according to documents made
Published 11 Mar, 2006 12:00am
No place for freedom of speech

No place for freedom of speech

Axiomatically, leading academic institutions involve intense and varied debate over a variety of topics, and some of that debate ranges over territory that mainstream conversation often misses.
Published 11 Mar, 2006 12:00am
PC agrees to pay Rs 90 million to former workers of PSFL

PC agrees to pay Rs 90 million to former workers of PSFL

The Privatisation Commission has agreed to pay Rs 90 million to former workers of Pak-Saudi Fertiliser Limited (PSFL) as personal pay, expected to be equally shared by the Commission and Fauji Fertiliser Company Limited (FFCL), according to documents made
Published 11 Mar, 2006 12:00am