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Print - 2006-04-04
Maoists announce indefinite cease-fire

Maoists announce indefinite cease-fire

Nepal's Maoist rebels announced an indefinite ceasefire in the capital and surrounding valley on Monday in response to a call by political parties, days before their nation-wide strike.
Published 04 Apr, 2006 12:00am
German nuclear plant gets new locks after keys lost

German nuclear plant gets new locks after keys lost

German authorities are changing 150 locks at a nuclear power plant after its owner said they had lost keys to a security area, a ministry spokesman in the south western state of Baden-Wuerttemberg said on Monday.
Published 04 Apr, 2006 12:00am
Arab literary giant dies

Arab literary giant dies

Syrian writer Mohammad al-Maghout, whose poems and plays fiercely criticised Arab regimes, died on Monday aged 72, the official news agency SANA said. "Syria and the Arab world lost a giant today," the agency said, adding that Maghout had died after a lon
Published 04 Apr, 2006 12:00am
US high court won't review Bush's terrorism powers

US high court won't review Bush's terrorism powers

A divided US Supreme Court declined on Monday to decide whether President George W. Bush has the power in the war on terrorism to order American citizens captured in the United States held in military jails without any criminal charges or a trial.
Published 04 Apr, 2006 12:00am
US and UK pile pressure on fractious Iraq leaders

US and UK pile pressure on fractious Iraq leaders

The United States and Britain piled pressure on Iraq's leaders on Monday to break their deadlock over a new government and prime minister as quickly as possible and to disband sectarian militias to avoid civil war.
Published 04 Apr, 2006 12:00am
Sterling at eight-month low against euro

Sterling at eight-month low against euro

Sterling hit an 8-month low against the euro on Monday, as contrasting manufacturing growth data in Britain and in the eurozone reinforced the diverging rate outlooks that have recently kept the pound under pressure.
Published 04 Apr, 2006 12:00am
Yen slips versus dollar and euro

Yen slips versus dollar and euro

The yen hit a three-week low versus the dollar and an 8-week trough against the euro on Monday as expectations grew Japanese investors would buy higher-yielding overseas assets at the start of the new financial year.
Published 04 Apr, 2006 12:00am
Bonds: Debt in GMAC rallies

Bonds: Debt in GMAC rallies

Debt in General Motors Acceptance Corp (GMAC) rallied on Monday, after struggling parent GM agreed to sell a majority stake in the finance unit for $14 billion to a consortium led by hedge fund Cerberus Capital Management.
Published 04 Apr, 2006 12:00am
Bonds: Debt in GMAC rallies

Bonds: Debt in GMAC rallies

Debt in General Motors Acceptance Corp (GMAC) rallied on Monday, after struggling parent GM agreed to sell a majority stake in the finance unit for $14 billion to a consortium led by hedge fund Cerberus Capital Management.
Published 04 Apr, 2006 12:00am
FTSE storms 6,000 mark

FTSE storms 6,000 mark

Britain's top share index surged above the 6,000-point mark on Monday, as miners such as BHP Billiton leapt higher on the first day of trading in the second quarter.
Published 04 Apr, 2006 12:00am
New York cotton futures touch down

New York cotton futures touch down

Cotton futures closed with small losses Monday in activity featuring switch trade as investment funds transferred positions out of the spot contract before deliveries begin later this month, analysts said.
Published 04 Apr, 2006 12:00am
London sugar firms

London sugar firms

London white sugar futures closed firmer on Monday after a session dominated by structural trades and Against Actuals (AAs, a form of hedging), and traders said the underlying tone of the market remained bullish.
Published 04 Apr, 2006 12:00am
Copper and zinc at record highs

Copper and zinc at record highs

Copper and zinc ended at record highs on the London Metal Exchange (LME) on Monday on fresh fund buying at the start of the second quarter, traders said. "I believe the market will be steady at these levels for a couple of days, perhaps three, as that is
Published 04 Apr, 2006 12:00am
Oil climbs back to $67 as fresh money flows in

Oil climbs back to $67 as fresh money flows in

Oil swept more than $1 higher to above $67 on Monday as investment funds poured fresh cash into commodities, 23 percent of Nigerian oil output remained idle and US refiners geared up for peak gasoline demand.
Published 04 Apr, 2006 12:00am
European gold climbs to fresh 25-year high

European gold climbs to fresh 25-year high

Gold rebounded on Monday to reach a new 25-year high and target the next big level of $600 an ounce, with funds and investors positive about the outlook.
Published 04 Apr, 2006 12:00am
European gold climbs to fresh 25-year high

European gold climbs to fresh 25-year high

Gold rebounded on Monday to reach a new 25-year high and target the next big level of $600 an ounce, with funds and investors positive about the outlook.
Published 04 Apr, 2006 12:00am
European gold climbs to fresh 25-year high

European gold climbs to fresh 25-year high

Gold rebounded on Monday to reach a new 25-year high and target the next big level of $600 an ounce, with funds and investors positive about the outlook.
Published 04 Apr, 2006 12:00am
PML-N women activists stage rally

PML-N women activists stage rally

The women wing of Pakistan Muslim League-Nawaz on Monday staged a protest demonstration at Chowk Kutchery against the detention of Makhdoom Javed Hashmi, acting chief of PML, Khawaja Saad Rafiq and Zaeem Qadri and political detenus and demanded for their
Published 04 Apr, 2006 12:00am
Gas cylinder blast injures four

Gas cylinder blast injures four

At least four people injured seriously when a LPG cylinder exploded violently during the unauthorised refilling of the cylinders at Chungi No 6 Multan on Monday.
Published 04 Apr, 2006 12:00am
Rs 1 billion released for Multan cardiology institute

Rs 1 billion released for Multan cardiology institute

Punjab Chief Minister Chaudhry Pervaiz Elahi has released one billion rupees for establishing the first ever cardiology institute, equipped with latest treatment facilities, in Multan.
Published 04 Apr, 2006 12:00am
Saarc expo in June

Saarc expo in June

After the successful culmination of Expo 2006 in Karachi the Export Promotion Bureau (EPB) was planning to organise another Expo of Saarc in June next. Director Corporate Affairs Export Promotion Bureau Irfan Nadeem told PTV that Expo 2006 greatly helped
Published 04 Apr, 2006 12:00am
Exports to US up by 13.2 percent in 2005

Exports to US up by 13.2 percent in 2005

During the year 2005, Pakistan exports to the United States increased by 13.2 per cent, totalling 3.3 billion dollars. In 2005, Pakistan imports of US goods were dollars 1.2 billion, 31.2 per cent lower than previous year. According to US official figures
Published 04 Apr, 2006 12:00am
Plan to raise per acre yield on scientific lines prepared

Plan to raise per acre yield on scientific lines prepared

A strategy had been prepared for putting the agriculture sector on scientific lines and to introduce new agricultural technologies for increasing per acre yield of crops in Sialkot district, said District Nazim Muhammad Akmal Cheema.
Published 04 Apr, 2006 12:00am
ADB approves $770 million for highways network projects

ADB approves $770 million for highways network projects

Asian Development Bank (ADB) has recently approved financing of 770 million dollars for the National Highway Development Sector Investment Programme (NHDSIP), which focuses on consolidating existing assets and providing linkages from the main road system
Published 04 Apr, 2006 12:00am
Five killed in road mishap

Five killed in road mishap

At least five persons have died and another 12 injured, four of them are serious when a van carrying circus fans collided with a parked trolley in a bid to overtake a truck near Jalalpur Pirwala town at 3am on Monday.
Published 04 Apr, 2006 12:00am
Plan initiated to combat tanneries pollution

Plan initiated to combat tanneries pollution

A multidimensional plan has been initiated aimed at combating with the threats of pollution caused by the setting up of ill-planned tanneries in and around Sialkot.
Published 04 Apr, 2006 12:00am
Auto industry

Auto industry

Please refer to the letter of N.A. Khan, published on March 27 in your newspaper regarding the auto industry, which is quite correct. Nowadays, Indus Motors and Honda are booking cars after taking 100 percent advance and the delivery of the car is made af
Published 04 Apr, 2006 12:00am
Balochistan situation

Balochistan situation

Regretfully, with the dismemberment of Pakistan's eastern wing in 1972, we have not learnt any lesson from that national disaster and persist in calling firstly; Balochi, Punjabi, Sindhi, Pushtoon and Pakistani casually.
Published 04 Apr, 2006 12:00am
Sugar price blame game

Sugar price blame game

All the guns have been directed by the analysts, commentators, mediamen and officials etc against the national sugar industry, accusing it as solely responsible for the recent rise in sugar prices. The aim appears, by and large, to protect the consumers'
Published 04 Apr, 2006 12:00am
Iran's case at UNSC

Iran's case at UNSC

The UN Security Council has passed a rather mild statement on Iran's nuclear programme, though not for lack of will on the part of the US and European members of the world body to take harsher measures.
Published 04 Apr, 2006 12:00am
Declining to de-link export refinance and treasury bills' rates

Declining to de-link export refinance and treasury bills' rates

The statement by the State Bank Governor, Shamshad Akhtar that export refinance rate would not be brought down and would continue to remain linked to the Treasury Bills' rates needs to be welcomed by the serious policy analysts of the country.
Published 04 Apr, 2006 12:00am
Women Day commemorated

Women Day commemorated

The International Women's Day, as celebrated globally, was commemorated in Karachi by the Women's Activity Committee of the Aga Khan Development Network.
Published 04 Apr, 2006 12:00am
Ogra urged to reject SNGPL request

Ogra urged to reject SNGPL request

Pakistan Industrial and Traders Associations Front (Piaf) Chairman Muhammad Ali Mian, Vice-Chairmen Mubashar Sheikh and Mian Abuzar Shad and Pakistan Association of Auto parts Exports (Paapex) Chairman Tahir Javed Malik have urged the Oil and Gas Regulato
Published 04 Apr, 2006 12:00am
Setting up of Environment Unit in Pida approved

Setting up of Environment Unit in Pida approved

The Punjab government has approved setting up of Environment Management Unit in Punjab Irrigation Development Authority (Pida) which will strive for environmental management in irrigation sector apart from creating awareness among the farming community re
Published 04 Apr, 2006 12:00am
Hearing not held

Hearing not held

The bail applications of Khawaja Saad Rafique MNA and Zaeem Qadri, secretary general PML-N, Punjab could not be taken up in the Lahore High Court, as Justice Sheikh Abdur Rashid was on leave.
Published 04 Apr, 2006 12:00am
PSMA criticises MNA's statement

PSMA criticises MNA's statement

A spokesman of Pakistan Sugar Mills Association (PSMA) has strongly criticised Sherry Rehman MNA for alleging political figures with names of mills without any relevance.
Published 04 Apr, 2006 12:00am
Pak-Canada joint study group to work for FTA

Pak-Canada joint study group to work for FTA

Steps are under way to set up Pak-Canada Joint Study Group for initiating Free Trade Agreement (FTA) between the two countries, as the volume of two-way trade is not up to the existing potentials of Pakistan and Canada.
Published 04 Apr, 2006 12:00am
FCCI for exempting export goods from Road Safety Act

FCCI for exempting export goods from Road Safety Act

At a time when the Pakistani exports are expected to exceed 18 billion dollars, the National Highway Authority (NHA) has allegedly not only started confiscating export goods, but is also imposing heavy fines on the transporters, carrying export containers
Published 04 Apr, 2006 12:00am
CBR allowed to pay 50 percent advance fee to lawyers

CBR allowed to pay 50 percent advance fee to lawyers

The Ministry of Law and Justice has allowed the Central Board of Revenue (CBR) to give 50 percent advance payment of fee to its lawyers at the level of tribunals, high courts and Supreme Court of Pakistan.
Published 04 Apr, 2006 12:00am
Foreign experts to help garment sector become more competitive

Foreign experts to help garment sector become more competitive

Federal Minister for Industries, Production and Special Initiatives, Jehangir Khan Tareen has said that the government has chalked out a special programme to invite foreign experts to help Pakistani garments sector to be more competitive and face the post
Published 04 Apr, 2006 12:00am
Seminar on Bhittai on April 5

Seminar on Bhittai on April 5

Shah Abdul Latif Bhittai Social and Cultural Organisation will host a seminar in collaboration with Pakistan Academy of Letters at the latter's premises on Wednesday.
Published 04 Apr, 2006 12:00am
Charge assumed

Charge assumed

Muhammad Aslam Sabir, General Manager State Life Insurance Corporation of Pakistan (SLIC), has assumed charge and started working as Regional Chief, Central Region, Lahore.
Published 04 Apr, 2006 12:00am
Banned drug still being sold in market

Banned drug still being sold in market

Despite ban imposed by the government, the dangerous drugs containing metamizole like Novalgin are still being sold in the market. The Network for Consumer Protection, which has been campaigning against the dangerous drug for the last several years, has p
Published 04 Apr, 2006 12:00am
15,000 watercourses lining before fiscal year-end

15,000 watercourses lining before fiscal year-end

National Programme for Improvement of Watercourses (NPIW) will achieve the target of lining 15,000 watercourses countrywide at an estimated cost of Rs 7 billion before the end of fiscal year.
Published 04 Apr, 2006 12:00am
Karachi to be made polio-free by 2007: Mustafa

Karachi to be made polio-free by 2007: Mustafa

The City District Government Karachi will employ all resources to make Karachi a polio-free zone by the year 2007 and extend co-operation in this regard at every level.
Published 04 Apr, 2006 12:00am
Cardiac diseases, diabetes leading causes of deaths

Cardiac diseases, diabetes leading causes of deaths

The World Health Day (WHD) to be celebrated on April 7 with the theme of 'Working together for health', is aimed to underline the importance of physical activity to check non-communicable diseases commonly described as the 'afflictions of modern living'.
Published 04 Apr, 2006 12:00am
Pakistani doctors' feat

Pakistani doctors' feat

Pakistani doctors have made a history by performing the first ever-successful liver transplant surgery in a private hospital at Lahore. In an operation that spanned over an arduous 16 hours, the patient's entire liver was extracted and then replaced by a
Published 04 Apr, 2006 12:00am
Safari train introduced

Safari train introduced

In order to provide healthy recreation and safety to visitors, Safari Park Administration has introduced 'Safari Bus' and a 'Safari Train', which carry visitors through the Park area from where they can see wild animals at a close sight.
Published 04 Apr, 2006 12:00am
Balochistan businessmen demand change in FPCCI constitution

Balochistan businessmen demand change in FPCCI constitution

Business leaders from Balochistan have urged the necessity of bringing about a constructive and healthy change in the composition and functioning of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI).
Published 04 Apr, 2006 12:00am
Punjab Economic Board in the offing

Punjab Economic Board in the offing

The Chambers of Commerce and Industry of Punjab province has decided to form Punjab Economic Board (PEB) to look after business, trade and industrial matters of the province.
Published 04 Apr, 2006 12:00am
Appointed

Appointed

Punjab Bar Council (PBC) has appointed member executive committee of the bar Rana Abdul Shakoor as co-ordinator to deal with the government on proposals initiated by it for speedy justice.
Published 04 Apr, 2006 12:00am
Students' petition dismissed

Students' petition dismissed

The Lahore High Court (LHC) on Monday dismissed the petition filed by 70 students of the Punjab University (PU) against the introduction of semester system.
Published 04 Apr, 2006 12:00am
Hearing adjourned

Hearing adjourned

The Lahore High Court (LHC) on Monday adjourned till April 13, the proceedings in a petition filed by a citizen Shah Muhammad Khan against advisor to chief minister Punjab, Mian Munir Ahmed, as law officer did not produce the relevant record before the co
Published 04 Apr, 2006 12:00am
Wattoo case hearing put off

Wattoo case hearing put off

The Lahore high Court (LHC) has adjourned till April 10, the proceedings in a petition filed by former chief minister Punjab, Mian Manzoor Ahmed Wattoo challenging the decision of an accountability court in a reference against him, as law officer sought t
Published 04 Apr, 2006 12:00am
Sugar price hike challenged

Sugar price hike challenged

A member of the Lahore High Court Bar Association (LHCBA) has challenged the recent increase in sugar prices before the Lahore High Court (LHC) with prayer to the court to direct the respondent government to take action against the government officials re
Published 04 Apr, 2006 12:00am
Fahim demands 2007 elections under caretaker government

Fahim demands 2007 elections under caretaker government

Showing apprehensions about the fairness of next general elections in the country, Alliance for Restoration of Democracy (ARD) chief Makhdoom Amin Fahim has demanded formation of a caretaker government before holding the elections in 2007.
Published 04 Apr, 2006 12:00am
The Weather

The Weather

The weather report on Monday (April 03, 2006) and the forecast for Tuesday (April 04, 2006).
Published 04 Apr, 2006 12:00am
Multan Fort in shambles

Multan Fort in shambles

The only fort of this city of mystics, an alone excursion place and unique archaeological heritage edifice has been started crumbling, telling the story of neglect and apathy while the entire site become dark in evening due to lack of electric polls prese
Published 04 Apr, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (April 03, 2006).

Published 04 Apr, 2006 12:00am
Action ordered in bus accident

Action ordered in bus accident

The Provincial Transport Minister, Muhammed Adil Siddiqi, said on Monday that people involved in mini bus accident on Sunday will not be pardoned and awarded strict punishment as per law.
Published 04 Apr, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (April 03, 2006).

Published 04 Apr, 2006 12:00am
Conference on livestock

Conference on livestock

National conference on the 'Investment opportunities in livestock sector' will start on Tuesday. The conference would continue from April 4 to 6 at the auditorium of national agriculture research centre. Federal Minister for Food, Agriculture and Livestoc
Published 04 Apr, 2006 12:00am
New York cotton

New York cotton

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

Published 04 Apr, 2006 12:00am
New York cotton

New York cotton

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

Published 04 Apr, 2006 12:00am
'Government striving to provide better health facilities'

'Government striving to provide better health facilities'

State Minister for Information and Broadcasting, Senator Anisa Zeb Tahirkheli has said that government utilising billions of rupees on provision of improved health and education facilities to masses at their doorstep in the country.
Published 04 Apr, 2006 12:00am
Non-formal education plan termed biggest fraud to nation

Non-formal education plan termed biggest fraud to nation

The government has conceded that the non-formal education programme was the biggest fraud to the nation in the name of literacy promotion. This was stated by the Education Minister, Javed Ashraf Qazi who publicly admitted recently that Non-Formal Basic Ed
Published 04 Apr, 2006 12:00am
No intention to topple NWFP government, says Rashid

No intention to topple NWFP government, says Rashid

Federal Minister for Information and Broadcasting Sheikh Rashid Ahmed has ruled out any possibility of governor's rule in NWFP saying the federal government has neither any intention to topple the Frontier government nor the governor rule was being impose
Published 04 Apr, 2006 12:00am
NWFP governor and chief minister meet Shaukat

NWFP governor and chief minister meet Shaukat

NWFP governor Khalilur Rehman and chief minister Akram Khan Durrani called on Prime Minister Shaukat Aziz on Monday at the Prime Minister house and discussed overall political situation of the province.
Published 04 Apr, 2006 12:00am
NWFP governor and chief minister meet Shaukat

NWFP governor and chief minister meet Shaukat

NWFP governor Khalilur Rehman and chief minister Akram Khan Durrani called on Prime Minister Shaukat Aziz on Monday at the Prime Minister house and discussed overall political situation of the province.
Published 04 Apr, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (April 03, 2006).

Published 04 Apr, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (April 03, 2006) and for Tuesday (April 04, 2006).
Published 04 Apr, 2006 12:00am
China to consider rail link through Kashgar

China to consider rail link through Kashgar

Ismail Tiliwaldi, Governor of the Xinjiang Uyger autonomous region of China said his government will consider to establish rail link with Pakistan to expand the avenues of bilateral co-operation in socio-economic sectors.
Published 04 Apr, 2006 12:00am
Anti-polio campaign starts today

Anti-polio campaign starts today

A three-day polio eradication campaign to administer polio and Vitamin-A drops to 150,000 children below five years of age will start in the federal capital from Tuesday.
Published 04 Apr, 2006 12:00am
US team calls on FJA director general

US team calls on FJA director general

A two-member delegation from the US Department of Commerce led by Ms Megan Selmon, Economics Officer, US Embassy, Islamabad, and Moritz called on the Director General, Federal Judicial Academy (FJA), Moazzam Hayat at his office on Monday and discussed a h
Published 04 Apr, 2006 12:00am
Pension of NBP employees increased

Pension of NBP employees increased

The board of directors of National Bank of Pakistan (NBP) have approved up to 20 percent increase in pension to the retired employees. Those who have retired on or before December 31, 2001 will get an increase of 20 percent while those who retired by Dece
Published 04 Apr, 2006 12:00am
Young American political leaders meet Soomro

Young American political leaders meet Soomro

A seven-member delegation of American Council of Young Political Leaders (ACYPL), led by Brian Joyce, called on Senate Chairman Mohammedmian Soomro at his residence here.
Published 04 Apr, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (April 03, 2006).

Published 04 Apr, 2006 12:00am
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