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Print - 2006-07-11
OUP launches memoirs of Raipuri

OUP launches memoirs of Raipuri

The Oxford University Press (OUP) has launched its new publication "My Fellow Traveller: A Translation of Humsafar" by Hameeda Akhtar Hussain Raipuri. The launching ceremony of its latest publication was held at a local hotel here on Monday.
Published 11 Jul, 2006 12:00am
Four killed in Wana flash floods

Four killed in Wana flash floods

Four persons including a child were killed and five others injured in flash floods in suburbs of Wana the other day. According to details, the thunder storm and heavy rain played havoc and damaged thousands of acres of crops and disturbed electricity syst
Published 11 Jul, 2006 12:00am
LHC to remain closed today

LHC to remain closed today

Chief Justice and the Judges of the Lahore High Court have expressed grief and sorrow over the tragic death of two judges of the LHC Muhammad Nawaz Bhatti and Justice Nazir Siddiqui who died in the Fokker crash on Monday.
Published 11 Jul, 2006 12:00am
70 women prisoners released in Punjab

70 women prisoners released in Punjab

Following promulgation of the Law Reform Ordinance, the process of release of women prisoners involved in petty crimes has been started in Punjab with the release of 70 prisoners. As many as 25 female prisoners were released from Gujranwala jail followed
Published 11 Jul, 2006 12:00am
Research paper presented in UK moot

Research paper presented in UK moot

Professor of Psychology, Punjab University, Lahore, Dr Ruhi Khalid presented her research paper titled "Vulnerable and Resilient: Perceptions of Female Survivors of Violence" in the British Psychological Society's annual international conference. The moot
Published 11 Jul, 2006 12:00am
Farmers being supplied fish seed at subsidised rates

Farmers being supplied fish seed at subsidised rates

With a view to promoting fisheries and aqua culture in the province, Fisheries Department has started supply of fish seed to the farmers across the province at subsidised rates. A spokesman of Fisheries Department said that high quality seed of fish varie
Published 11 Jul, 2006 12:00am
UK team calls on Punjab chief secretary

UK team calls on Punjab chief secretary

Punjab Chief Secretary (CS), Salman Siddique has said that quality education, better healthcare and provision of social services are priorities of the Punjab Chief Minister, for which the government is providing adequate funds.
Published 11 Jul, 2006 12:00am
Cease-fire first step towards permanent peace: Aurakzai

Cease-fire first step towards permanent peace: Aurakzai

NWFP Governor Lieutenant General Ali Muhammad Jan Aurakzai (Retd) has said that cease-fire was the first major step towards restoration of permanent peace in Waziristan, saying "a lot more is to come as we are addressing every aspect of the issue and movi
Published 11 Jul, 2006 12:00am
CBR transfers and postings

CBR transfers and postings

The Central Board of Revenue (CBR) has transferred 12 Commissioners of Income Tax (CIT) of BS-20 with immediate effect. According to a notification issued on Monday.
Published 11 Jul, 2006 12:00am
National Assembly body approves draft of 'Medical Devices Bill'

National Assembly body approves draft of 'Medical Devices Bill'

The National Assembly standing committee on health on Monday approved the draft of "Medical Devices Bill 2006" to regulate production and use of medical tools. The meeting held with MNA Hajira Tariq Aziz in the chair to discuss the bill that was earlier r
Published 11 Jul, 2006 12:00am
Supreme Court grieved over deaths in plane crash

Supreme Court grieved over deaths in plane crash

Chief Justice Iftikhar Muhammad Chaudhry and judges of the Supreme Court have expressed profound grief and shock over the loss of lives in tragic crash of PIA, Fokker plane near Multan in which two judges of the Lahore High Court, Justice Nazir Abmed Sidd
Published 11 Jul, 2006 12:00am
Sri Lanka to import rice under FTA

Sri Lanka to import rice under FTA

Sri Lanka government has decided to permit the local rice merchants to import 9,337 metric tonnes (MT) of rice from Pakistan within next six months.
Published 11 Jul, 2006 12:00am
Minfal to brief President about projects on July 19

Minfal to brief President about projects on July 19

The ministry of food, agriculture and livestock (Minfal) would brief President General Pervez Musharraf about ongoing and new (approved and unapproved) projects on July 19, it is learnt. Sources in the Minfal told Business Recorder on Monday, the m
Published 11 Jul, 2006 12:00am
SCBA condoles LHC judges death

SCBA condoles LHC judges death

President of the Supreme Court Bar Association (SCBA), Muhammad Qayyum Malik and others office bearers of the Association on Monday expressed grief and sorrow over the tragic death of two judges of the Lahore High Court (LHC) Justice Muhammad Nawaz Bhatti
Published 11 Jul, 2006 12:00am
Hashmi released on parole to attend funeralof niece

Hashmi released on parole to attend funeralof niece

Pakistan Muslim League (PML-N) acting president MNA Makhdoom Javed Hashmi was released on parole on Monday to attend funeral of his niece and her spouse, who died in a plane crash. Hashmi's daughter MNA Maimoona Hashmi told Business Recorder they h
Published 11 Jul, 2006 12:00am
PPP caucus in London on July 19

PPP caucus in London on July 19

Pakistan Peoples' Party chairperson Benazir Bhutto will chair a crucial meeting of top party leaders, including MNAs, senators and members of provincial assemblies on July 19 in London, with anti-government campaign, co-operation with other opposition par
Published 11 Jul, 2006 12:00am
Siraj asks Kashmiris to vote for MMA

Siraj asks Kashmiris to vote for MMA

NWFP Senior Minister and Provincial Amir of Jamaat-i-Islami (JI) Siraj-ul-Haq has said that only religio-political parties have rendered sacrifices for the country and nation while secular elements enjoyed power and made new records of malpractices in the
Published 11 Jul, 2006 12:00am
Fazl urges Musharraf to quit president-ship

Fazl urges Musharraf to quit president-ship

Leader of the opposition in the National Assembly and MMA Secretary General, Maulana Fazlur Rahman has warned that the country is heading towards a dangerous political situation and demanded that General Musharraf should quit the Aiwan-i-Sadr.
Published 11 Jul, 2006 12:00am
LSE to de-list Modaraba Al-Tijarah

LSE to de-list Modaraba Al-Tijarah

The Lahore Stock Exchange (LSE) has decided to de-list Modaraba Al-Tijarah from the exchange from today, after approval of its amalgamation scheme into Modaraba Al-Mali.
Published 11 Jul, 2006 12:00am
RCCI hails CCI's reconstitution

RCCI hails CCI's reconstitution

The Rawalpindi Chamber of Commerce and Industry (RCCI) has hailed the reconstitution of Council of Common Interest (CCI) saying that it was a bold step on part of President Pervez Musharraf and Prime Minister Shaukat Aziz and it will prove to be a milesto
Published 11 Jul, 2006 12:00am
Majeed to act as KCCI president

Majeed to act as KCCI president

Abdul Majeed Memon, Senior Vice President of Karachi Chamber of Commerce and Industry (KCCI) will act as President KCCI in the absence of the President Haroon Farooki, said a KCCI press release issued here on Monday.
Published 11 Jul, 2006 12:00am
SHC issues notices on plea against KESC sell-off

SHC issues notices on plea against KESC sell-off

Sindh High Court on Monday issued pre-admission notices to Privatisation Commission, Ministry of Water and Power, new management of Karachi Electric Supply Corporation, and others for July 25, 2006, on petition against KESC privatisation.
Published 11 Jul, 2006 12:00am
Malaysia may help Pakistani seafood industry

Malaysia may help Pakistani seafood industry

Malaysia can provide technical support for Pakistan's seafood industry as part of the move to boost business collaborations between the two countries.
Published 11 Jul, 2006 12:00am
KEPZ perturbed over frequent power breakdowns

KEPZ perturbed over frequent power breakdowns

The investors of Karachi Export Processing Zone (KEPZ) are worried and deeply perturbed due to interruption in power supply. Muhammad Younus Shaikh, Convenor, KEPZ Business Council, in a press release issued here on Monday said that for the last three day
Published 11 Jul, 2006 12:00am
KCCI proposes industries for zero-rated duty

KCCI proposes industries for zero-rated duty

The Karachi Chamber of Commerce and Industry (KCCI) has proposed that category of industries other than textile which import industrial raw material, accessories and are registered with the sales tax for three years be allowed to import raw-material and s
Published 11 Jul, 2006 12:00am
Sunni Tehrik activist gunned down

Sunni Tehrik activist gunned down

An activist of Sunni Tehrik was targeted and gunned down on Monday morning at Shahra-e-Faisal road in Airport jurisdiction. He was identified as Dilshad Qadri son of Mohammed Haneef. Deceased said to be the driver of Sarwat Ejaz Qadri, leader of ST.
Published 11 Jul, 2006 12:00am
The Weather

The Weather

The weather report on Monday (July 10, 2006) and the forecast for Tuesday (July 11, 2006).
Published 11 Jul, 2006 12:00am
Industrialists concerned over rising crimes in Site area

Industrialists concerned over rising crimes in Site area

Site Association of Industry (SAI) Chairman Ameen Bandukda expressed anguish over rising crimes in Site area. Chairing the meeting, two days back to review the current law and order situation in Site area, he said the industrialists of the area are much w
Published 11 Jul, 2006 12:00am
New York cotton

New York cotton

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

Published 11 Jul, 2006 12:00am
Kamal lays foundation stone of stadium

Kamal lays foundation stone of stadium

The City Nazim Syed Mustafa Kamal on Monday laid the foundation stone of a stadium in Baldia town, and said it would be completed in two years time at an estimated cost of Rs 121.07 million on 25 acres of plot.
Published 11 Jul, 2006 12:00am
New York cotton

New York cotton

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

Published 11 Jul, 2006 12:00am
Bullion Rates

Bullion Rates

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

Published 11 Jul, 2006 12:00am
British Council shifted to new premises

British Council shifted to new premises

The British Deputy High Commissioner Hamesh Daniel has said the British Council is promoting richness and diversity of relation between Pakistan and Britain. He stated this while addressing a ceremony to mark shifting of British Council from Bleak House t
Published 11 Jul, 2006 12:00am
Bullion Rates

Bullion Rates

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

Published 11 Jul, 2006 12:00am
Government creating rifts by raising Hudood Ordinance issue: Fazl

Government creating rifts by raising Hudood Ordinance issue: Fazl

Opposition leader in National Assembly Maulana Fazlur Rahman on Monday alleged government was raising Hudood Ordinance issue to create "rift" in ranks of joint opposition. Muttahida Majlis-i-Amal (MMA) and Pakistan Peoples Party (PPP) have "difference of
Published 11 Jul, 2006 12:00am
Key stock and currency market movements

Key stock and currency market movements

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 11 Jul, 2006 12:00am
MMA demands sacking of minister, PIA chief over plane crash

MMA demands sacking of minister, PIA chief over plane crash

Muttahida Majlis-i-Amal (MMA) has demanded of the government to immediately sack the Minister and Secretary Defence as well as Chairman PIA on their failure to prevent Fokker air crash near Multan on Monday that claimed lives of 45 innocent people.
Published 11 Jul, 2006 12:00am
Qazi demands removal of PIA chief

Qazi demands removal of PIA chief

Jamaat-i-Islami Ameer Qazi Hussain Ahmad has expressed deep sense of grief over the Fokker plane crash which claimed lives of 45 people. In a press statement Qazi termed the air crash a national tragedy.
Published 11 Jul, 2006 12:00am
'A-' rating assigned to Reliance Insurance

'A-' rating assigned to Reliance Insurance

The Pakistan Credit Rating Agency (Pacra) has assigned an Insurer Financial Strength (IFS) rating of "A-" (Single A minus) to Reliance Insurance Company Limited (RIC). The rating denotes strong capacity to meet policyholder and contract obligations.
Published 11 Jul, 2006 12:00am
'A-' rating assigned to Reliance Insurance

'A-' rating assigned to Reliance Insurance

The Pakistan Credit Rating Agency (Pacra) has assigned an Insurer Financial Strength (IFS) rating of "A-" (Single A minus) to Reliance Insurance Company Limited (RIC). The rating denotes strong capacity to meet policyholder and contract obligations.
Published 11 Jul, 2006 12:00am
Al Meezan Investment declares 35 percent bonus dividend

Al Meezan Investment declares 35 percent bonus dividend

The Al Meezan Investments has declared 35 percent bonus dividend (ie Rs 17.50) per unit for the Meezan Islamic Fund (MIF), which is Pakistan's largest and the only Five-Star Rated Shariah compliant open end mutual fund.
Published 11 Jul, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (July 10, 2006).

Published 11 Jul, 2006 12:00am
Al Meezan Investment declares 35 percent bonus dividend

Al Meezan Investment declares 35 percent bonus dividend

The Al Meezan Investments has declared 35 percent bonus dividend (ie Rs 17.50) per unit for the Meezan Islamic Fund (MIF), which is Pakistan's largest and the only Five-Star Rated Shariah compliant open end mutual fund.
Published 11 Jul, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (July 10, 2006) and for Tuesday (July 11, 2006).
Published 11 Jul, 2006 12:00am
Karachi MTU growth to be maintained in 2006-07

Karachi MTU growth to be maintained in 2006-07

The last fiscal year's growth of 29 percent in the performance of Medium Taxpayers Unit (MTU) Karachi would be maintained in 2006-2007 also to enable the Centre Board of Revenue (CBR) achieve the national level target. This was stated by Member Sales Tax
Published 11 Jul, 2006 12:00am
Chief Justice takes suo motu notice against deaths

Chief Justice takes suo motu notice against deaths

The Chief Justice of Pakistan, Justice Iftikhar Muhammad Chaudhry on Monday took suo motu notice against 12-deaths due to supply of contaminated water and issued notices to the Advocate General Punjab, District Nazim, District Co-ordinator and authority r
Published 11 Jul, 2006 12:00am
World Population Day today

World Population Day today

The Ministry of Population Welfare will commemorate the World Population Day on Tuesday. Sources told Business recorder that Prime Minister Shaukat Aziz here will inaugurate National Population Convention, besides, seminars and workshops on population wil
Published 11 Jul, 2006 12:00am
PN rescues 28 people stranded in boat

PN rescues 28 people stranded in boat

A Pakistan Navy Ship has rescued 28 persons stranded in a boat near the coast of Iran. The boat was carrying illegal Pakistani immigrants from Iran to Oman. This was stated in a press release of the ISPR (Navy) issued here on Monday.
Published 11 Jul, 2006 12:00am
PN rescues 28 people stranded in boat

PN rescues 28 people stranded in boat

A Pakistan Navy Ship has rescued 28 persons stranded in a boat near the coast of Iran. The boat was carrying illegal Pakistani immigrants from Iran to Oman. This was stated in a press release of the ISPR (Navy) issued here on Monday.
Published 11 Jul, 2006 12:00am
Saudi commander calls on PN chief

Saudi commander calls on PN chief

Lieutenant General Prince Abdul Rahman Bin Fahad Al-Faisal Al-Saud, Commander Royal Saudi Air Force, called on Admiral Muhammad Afzal Tahir, Chief of the Naval Staff here on Monday at Naval Headquarters, Islamabad.
Published 11 Jul, 2006 12:00am
Zobaida to attend education moot in Malaysia

Zobaida to attend education moot in Malaysia

Federal Minister for Social Welfare and Special Education Zobaida Jalal will attend five-day international conference on Inclusive Education for Blinds at Kuala Lumpur from July 17-21.
Published 11 Jul, 2006 12:00am
Soomro, Jamali and Wasim condole Shahzad's death

Soomro, Jamali and Wasim condole Shahzad's death

Chairman Senate Muhammedmian Soomro has expressed his deep grief and sorrow over the sad demise of a renowned lawyer and former Attorney General, Shahzad Jehangir, who died in Lahore after protracted illness. In his message of condolence, the Senate Chair
Published 11 Jul, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 10, 2006).

Published 11 Jul, 2006 12:00am
Musharraf grieved over Qasmi's death

Musharraf grieved over Qasmi's death

President General Pervez Musharraf has expressed deep sense of sorrow and grief over the sad demise of renowned writer, poet and columnist Ahmad Nadeem Qasmi, who died in Lahore on Monday morning. The President, in his condolence message, paid rich tribut
Published 11 Jul, 2006 12:00am
Release of 80 women: Peshawar prison yet to receive notification

Release of 80 women: Peshawar prison yet to receive notification

Some 80 women prisoners languishing in Peshawar Central Prison was yet to get relief with Women Rights Protection Amended Ordinance 2006', Promulgated by President Pervez Musharraf on Friday to facilitate the release of women detainees in jails on various
Published 11 Jul, 2006 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (July 10, 2006).

Published 11 Jul, 2006 12:00am
President and Prime Minister grieved over Fokker crash

President and Prime Minister grieved over Fokker crash

President General Pervez Musharraf has expressed deep sense of grief and sorrow over loss of lives in the Fokker crash near Multan on Monday. In a condolence message, the President offered his heartfelt sympathies to the bereaved families and prayed that
Published 11 Jul, 2006 12:00am
Third Agosta submarine to be launched next month

Third Agosta submarine to be launched next month

The third Agosta 90 B submarine has almost been completely built at the Pakistan Navy Dockyard here and would be launched next month. This was stated by Commodore Shahid Saeed, General Manager Submarine Construction, at the PN Dockyard here on Monday.
Published 11 Jul, 2006 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (July 10, 2006).

Published 11 Jul, 2006 12:00am
Bill collection: Pesco and Nadra to ink accord today

Bill collection: Pesco and Nadra to ink accord today

An agreement has been reached between Peshawar Electric Supply Company (Pesco) and National Database Registration Authority (Nadra) regarding collection of electricity bills, said a release of the company issued here on Monday.
Published 11 Jul, 2006 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (July 10, 2006).

Published 11 Jul, 2006 12:00am
All energy resource being tapped: Shaukat

All energy resource being tapped: Shaukat

Prime Minister Shaukat Aziz has said the government was exploring all available resources of energy including thermal, nuclear, hydel, and alternative energy to meet growing needs.
Published 11 Jul, 2006 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (July 10, 2006).

Published 11 Jul, 2006 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (July 10, 2006).

Published 11 Jul, 2006 12:00am
Railways to offer land for five star hotels in four cities

Railways to offer land for five star hotels in four cities

Pakistan Railways is going to offer its land in four major cities for the construction of five star hotels. Sources told Business Recorder that the railway is working on the plan to lease out the land in Karachi, Lahore, Multan and Rawalpindi. The
Published 11 Jul, 2006 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (July 10, 2006).

Published 11 Jul, 2006 12:00am
PDAE fails to combat pest attack on cotton

PDAE fails to combat pest attack on cotton

The Plant Direction of Agriculture Extension (PDAE) failed the combat Mealy Bug pest attack on cotton crop causing negative impact on cotton production. The Agriculture Department has established seven emergency centres in Mirpurkhas and Sanghar districts
Published 11 Jul, 2006 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (July 10, 2006).

Published 11 Jul, 2006 12:00am
Supreme Court summons AGP, Faisalabad Nazim

Supreme Court summons AGP, Faisalabad Nazim

The Supreme Court has summoned Advocate General Punjab, District Nazim and District Co-ordination Officer and the authority responsible for water supply in Faisalabad on July 17 in Lahore.
Published 11 Jul, 2006 12:00am
THE RUPEE: all-round slide in currency market

THE RUPEE: all-round slide in currency market

Bearish sentiment prevailed in the currency market on Monday as the dollars' demand by the corporate sector was higher, dealers observed. Another, leading factor was the international market closure, which dried the dollars' supply in the market, currency
Published 11 Jul, 2006 12:00am
Chronology of major air crashes in Pakistan

Chronology of major air crashes in Pakistan

The crash of a Pakistan International Airlines (PIA) Fokker F 27 plane on Monday, killing 45 people on board, was not the first of such incidents in the country's civil aviation history.
Published 11 Jul, 2006 12:00am
THE RUPEE: all-round slide in currency market

THE RUPEE: all-round slide in currency market

Bearish sentiment prevailed in the currency market on Monday as the dollars' demand by the corporate sector was higher, dealers observed. Another, leading factor was the international market closure, which dried the dollars' supply in the market, currency
Published 11 Jul, 2006 12:00am
Three cadet colleges to be set up at Pasrur

Three cadet colleges to be set up at Pasrur

Three new cadet colleges are being established at Pasrur in Sialkot district, and Choa Saiden Shah in Chakwal district and Essa Khel in Mianwali district.
Published 11 Jul, 2006 12:00am
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