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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-07-31
Shujaat condemns Israeli attack

Shujaat condemns Israeli attack

Pakistan Muslim League (PML) President Chaudhry Shujaat Hussain on Sunday strongly condemned the Israeli bombardment at Lebanese town of Qana in which around 54 people including 37 innocent children were killed. In a statement, he said the whole Pakistani
Published 31 Jul, 2006 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (July 24 to 29, 2006).

Published 31 Jul, 2006 12:00am
The Weather

The Weather

The weather report on Sunday (July 30, 2006) and the forecast for Monday (July 31, 2006).
Published 31 Jul, 2006 12:00am
Overseas investors' chamber of commerce and industry

Overseas investors' chamber of commerce and industry

Chamber's Profile: The Overseas Investors Chamber of Commerce & Industry stemmed from and superseded the KARACHI CHAMBER OF COMMERCE which was founded in 1860 and is the oldest chamber of Commerce in Pakistan.
Published 31 Jul, 2006 12:00am
Presence of multinationals in developing countries

Presence of multinationals in developing countries

Once the subject of controversy, the presence and activities of multinational companies in the developing countries, and hence their impact on the indigenous population at large, have now started to be perceived more favorably.
Published 31 Jul, 2006 12:00am
P&G - Among top 5 most admired companies

P&G - Among top 5 most admired companies

At the heart of P&G Pakistan is the Procter and Gamble mission of improving lives of consumers. Over the past few years we have taken considerable effort to improve our consumers' health, particularly children, by creating awareness of hygiene habits, in
Published 31 Jul, 2006 12:00am
Callmate - Your global connection

Callmate - Your global connection

Callmate Telips Telecom Ltd (CTTL) feels proud to add yet another product in its portfolio under the brand name "Callmate Global". Through this, we become the first company competing at global level with major telecom operators in the world.
Published 31 Jul, 2006 12:00am
US market expects to see more oil and gas IPOs

US market expects to see more oil and gas IPOs

Record high energy prices have generated big demand for initial public offerings of oil and gas companies and even if some of these deals tank, analysts say they are likely to keep coming. So far, 11 oil and gas companies have made their debut in 2006, co
Published 31 Jul, 2006 12:00am
Mian Azhar demands national government

Mian Azhar demands national government

Former president of Pakistan Muslim League Mian Muhammad Azhar, while demanding formation of a national government, on Sunday said rulers lacking public confidence had made the country and the system a jeer, corrupt and standstill and the life of the poor
Published 31 Jul, 2006 12:00am
'Railway journey being made more safer'

'Railway journey being made more safer'

Pakistan Railways Chairman Shakil Durrani has said that railway journey is being made more safer and comfortable. Talking to PTV he said, in this regard certain concrete steps were being adopted in the country. Previously, passenger coaches were produced
Published 31 Jul, 2006 12:00am
Israeli attack kills over 60 in Lebanon

Israeli attack kills over 60 in Lebanon

An Israeli air strike killed more than 60 Lebanese civilians, including at least 37 children, on Sunday. The raid on the southern village of Qana prompted Lebanon to tell US Secretary of State Condoleezza Rice she was unwelcome in Beirut for talks.
Published 31 Jul, 2006 12:00am
Israeli attack kills over 60 in Lebanon

Israeli attack kills over 60 in Lebanon

An Israeli air strike killed more than 60 Lebanese civilians, including at least 37 children, on Sunday. The raid on the southern village of Qana prompted Lebanon to tell US Secretary of State Condoleezza Rice she was unwelcome in Beirut for talks.
Published 31 Jul, 2006 12:00am
Formal F16 sale agreement with US soon

Formal F16 sale agreement with US soon

Now that the US administration's proposal for sale of F16s to Pakistan stands approved, both the countries are to enter into a formal agreement shortly to be followed by start of delivery of the falcons, sources said. Lockheed Martin is the company to pro
Published 31 Jul, 2006 12:00am
Formal F16 sale agreement with US soon

Formal F16 sale agreement with US soon

Now that the US administration's proposal for sale of F16s to Pakistan stands approved, both the countries are to enter into a formal agreement shortly to be followed by start of delivery of the falcons, sources said. Lockheed Martin is the company to pro
Published 31 Jul, 2006 12:00am
Iran signals hardening of nuclear stance

Iran signals hardening of nuclear stance

Iran's President signalled on Sunday that Israeli attacks against the Palestinian territories and Lebanon were causing Iran to harden its stance in the international row over its nuclear programme.
Published 31 Jul, 2006 12:00am
Iran signals hardening of nuclear stance

Iran signals hardening of nuclear stance

Iran's President signalled on Sunday that Israeli attacks against the Palestinian territories and Lebanon were causing Iran to harden its stance in the international row over its nuclear programme.
Published 31 Jul, 2006 12:00am
Congolese vote in historic poll, turnout seen high

Congolese vote in historic poll, turnout seen high

Millions of Congolese voted enthusiastically in their first free elections in 40 years on Sunday, hoping to end years of war, corruption and chaos that have brought the mineral-rich African giant to its knees.
Published 31 Jul, 2006 12:00am
World leaders condemn Israeli attack

World leaders condemn Israeli attack

World leaders condemned an Israeli attack on Lebanon on Sunday that killed at least 60 civilians, but the United States and Britain again refrained from joining calls for an immediate ceasefire.
Published 31 Jul, 2006 12:00am
Shaukat takes aerial view of flood-hit areas

Shaukat takes aerial view of flood-hit areas

Prime Minister Shaukat Aziz took an aerial view of Charsadda and surrounding areas to review flood situation on Sunday. These areas were affected by recent rains and flash floods. The Prime Minister also took an aerial view of Tarbela, Shab Qadar and othe
Published 31 Jul, 2006 12:00am
Shaukat takes aerial view of flood-hit areas

Shaukat takes aerial view of flood-hit areas

Prime Minister Shaukat Aziz took an aerial view of Charsadda and surrounding areas to review flood situation on Sunday. These areas were affected by recent rains and flash floods. The Prime Minister also took an aerial view of Tarbela, Shab Qadar and othe
Published 31 Jul, 2006 12:00am
THE RUPEE: rates under pressure in currency market

THE RUPEE: rates under pressure in currency market

Bearish sentiment prevailed in the currency market last week as the rupee suffered moderate losses due to rising demand for dollars by the corporate sector, money experts said. In the interbank market, the rupee shed six paisa versus dollar for buying and
Published 31 Jul, 2006 12:00am
THE RUPEE: rates under pressure in currency market

THE RUPEE: rates under pressure in currency market

Bearish sentiment prevailed in the currency market last week as the rupee suffered moderate losses due to rising demand for dollars by the corporate sector, money experts said. In the interbank market, the rupee shed six paisa versus dollar for buying and
Published 31 Jul, 2006 12:00am
Three Bugti commanders, 6 aides surrender: Marhattas to return today

Three Bugti commanders, 6 aides surrender: Marhattas to return today

Three Bugti commanders and their six associates laid down their arms before authorities in Dera Bugti on Sunday. According to details, three Commander Ali Sher, Kamdar and Sher Baz and six of their associates surrendered to the authorities in Dera Bugti.
Published 31 Jul, 2006 12:00am
Three Bugti commanders, 6 aides surrender: Marhattas to return today

Three Bugti commanders, 6 aides surrender: Marhattas to return today

Three Bugti commanders and their six associates laid down their arms before authorities in Dera Bugti on Sunday. According to details, three Commander Ali Sher, Kamdar and Sher Baz and six of their associates surrendered to the authorities in Dera Bugti.
Published 31 Jul, 2006 12:00am
KSE maintains bullish trend

KSE maintains bullish trend

The stock market continued its bullish trend for the third consecutive week. The Karachi Stock Exchange (KSE) index breached through 10,300 level for the first time since touching its lowest level on June 14. The KSE-100 index registered another increase
Published 31 Jul, 2006 12:00am
KSE maintains bullish trend

KSE maintains bullish trend

The stock market continued its bullish trend for the third consecutive week. The Karachi Stock Exchange (KSE) index breached through 10,300 level for the first time since touching its lowest level on June 14. The KSE-100 index registered another increase
Published 31 Jul, 2006 12:00am
KSE maintains bullish trend

KSE maintains bullish trend

The stock market continued its bullish trend for the third consecutive week. The Karachi Stock Exchange (KSE) index breached through 10,300 level for the first time since touching its lowest level on June 14. The KSE-100 index registered another increase
Published 31 Jul, 2006 12:00am
Sales tax field audit suspension causes Rs 20 billion loss

Sales tax field audit suspension causes Rs 20 billion loss

The government has suffered a loss of over Rs 20 billion due to suspension of sales tax field audit since July 2004, which also contributed towards deterioration of the tax-to-GDP ratio during last two years.
Published 31 Jul, 2006 12:00am
Sales tax field audit suspension causes Rs 20 billion loss

Sales tax field audit suspension causes Rs 20 billion loss

The government has suffered a loss of over Rs 20 billion due to suspension of sales tax field audit since July 2004, which also contributed towards deterioration of the tax-to-GDP ratio during last two years.
Published 31 Jul, 2006 12:00am
Sales tax field audit suspension causes Rs 20 billion loss

Sales tax field audit suspension causes Rs 20 billion loss

The government has suffered a loss of over Rs 20 billion due to suspension of sales tax field audit since July 2004, which also contributed towards deterioration of the tax-to-GDP ratio during last two years.
Published 31 Jul, 2006 12:00am
SPA may be first choice for Gwadar port management

SPA may be first choice for Gwadar port management

Singapore Port Authority (SPA) is likely to be the first choice of Government of Pakistan (GoPP) for Gwadar port management SPA's vast experience in handling big ports world-wide is its advantage over the other two parties in the run for the contract.
Published 31 Jul, 2006 12:00am
SPA may be first choice for Gwadar port management

SPA may be first choice for Gwadar port management

Singapore Port Authority (SPA) is likely to be the first choice of Government of Pakistan (GoPP) for Gwadar port management SPA's vast experience in handling big ports world-wide is its advantage over the other two parties in the run for the contract.
Published 31 Jul, 2006 12:00am
SPA may be first choice for Gwadar port management

SPA may be first choice for Gwadar port management

Singapore Port Authority (SPA) is likely to be the first choice of Government of Pakistan (GoPP) for Gwadar port management SPA''s vast experience in handling big ports world-wide is its advantage over the other two parties in the run for the contract.
Published 31 Jul, 2006 12:00am
Shaukat phones Siniora

Shaukat phones Siniora

Pakistan on Sunday strongly denounced the Israeli attack on the southern Lebanese town of Qana, as thousands of Muslims protesting the killing of more than 50 civilians torched Israeli and US flags.
Published 31 Jul, 2006 12:00am
Shaukat phones Siniora

Shaukat phones Siniora

Pakistan on Sunday strongly denounced the Israeli attack on the southern Lebanese town of Qana, as thousands of Muslims protesting the killing of more than 50 civilians torched Israeli and US flags.
Published 31 Jul, 2006 12:00am
PCCC restructuring proposals finalised

PCCC restructuring proposals finalised

The Ministry of Food, Agriculture and Livestock (Minfal) and provincial governments have finalised recommendations, to be presented to Prime Minister Shaukat Aziz here on Monday for restructuring the Pakistan Central Cotton Committee to deal with growing,
Published 31 Jul, 2006 12:00am
PCCC restructuring proposals finalised

PCCC restructuring proposals finalised

The Ministry of Food, Agriculture and Livestock (Minfal) and provincial governments have finalised recommendations, to be presented to Prime Minister Shaukat Aziz here on Monday for restructuring the Pakistan Central Cotton Committee to deal with growing,
Published 31 Jul, 2006 12:00am
PCCC restructuring proposals finalised

PCCC restructuring proposals finalised

The Ministry of Food, Agriculture and Livestock (Minfal) and provincial governments have finalised recommendations, to be presented to Prime Minister Shaukat Aziz here on Monday for restructuring the Pakistan Central Cotton Committee to deal with growing,
Published 31 Jul, 2006 12:00am
LSE ignores negative factors

LSE ignores negative factors

Giving little weightage to political developments taking place after the resignations of MQM ministers and mounting pressure of opposition parties on the government, the share market remained in bullish zone, with some improvement in volume, ending last w
Published 31 Jul, 2006 12:00am
LSE ignores negative factors

LSE ignores negative factors

Giving little weightage to political developments taking place after the resignations of MQM ministers and mounting pressure of opposition parties on the government, the share market remained in bullish zone, with some improvement in volume, ending last w
Published 31 Jul, 2006 12:00am
India's Lever second quarter net profit up 35 percent

India's Lever second quarter net profit up 35 percent

India's top consumer goods maker, Hindustan Lever Ltd on Sunday posted an expected 35 percent rise in quarterly profit on higher prices of soaps and detergents and strong sales of personal care products.
Published 31 Jul, 2006 12:00am
India's Lever second quarter net profit up 35 percent

India's Lever second quarter net profit up 35 percent

India's top consumer goods maker, Hindustan Lever Ltd on Sunday posted an expected 35 percent rise in quarterly profit on higher prices of soaps and detergents and strong sales of personal care products.
Published 31 Jul, 2006 12:00am
Seychelles islanders vote in final day of close contest

Seychelles islanders vote in final day of close contest

Better known for their tourism trade than their politics, Seychelles islanders voted on Sunday on the final day of an election thought to be a close run between the incumbent president and an Anglican priest.
Published 31 Jul, 2006 12:00am
Blair seeks link with Calif stem cell research

Blair seeks link with Calif stem cell research

Britain is seeking to promote links between stem cell researchers in Britain and California, two leaders in the field, during a visit to the state this week by British Prime Minister Tony Blair,
Published 31 Jul, 2006 12:00am
Minors among nine killed as jeep plunges into ravine

Minors among nine killed as jeep plunges into ravine

Nine people, including a teenage boy and three minor girls, died and four others injured on Sunday when a jeep plunged into ravine near Nathiagali, some 35 kilometres east of Abbottabad in NWFP, police said.
Published 31 Jul, 2006 12:00am
Minors among nine killed as jeep plunges into ravine

Minors among nine killed as jeep plunges into ravine

Nine people, including a teenage boy and three minor girls, died and four others injured on Sunday when a jeep plunged into ravine near Nathiagali, some 35 kilometres east of Abbottabad in NWFP, police said.
Published 31 Jul, 2006 12:00am
Three security men die in landmine explosion

Three security men die in landmine explosion

Three security personnel were killed and an equal number were wounded in landmine explosion along Karmo Wadh-Kohlu road on Sunday. According to reports, security men were cleaning the Karmo Wadh-Kohlu road to remove landmines earlier laid by terrorist ele
Published 31 Jul, 2006 12:00am
Three security men die in landmine explosion

Three security men die in landmine explosion

Three security personnel were killed and an equal number were wounded in landmine explosion along Karmo Wadh-Kohlu road on Sunday. According to reports, security men were cleaning the Karmo Wadh-Kohlu road to remove landmines earlier laid by terrorist ele
Published 31 Jul, 2006 12:00am
ADB may provide $0.8 million for policy reforms

ADB may provide $0.8 million for policy reforms

The Asian Development Bank (ADB) is likely to provide $0.8 million technical assistance for policy reforms in support of private participation in infrastructure (PPI). Well-placed sources told Business Recorder the assistance would support capacity
Published 31 Jul, 2006 12:00am
Bharat Forge to invest $75 million in non-automotive trade

Bharat Forge to invest $75 million in non-automotive trade

Indian auto parts maker Bharat Forge Ltd plans to invest Rs 3.5 billion ($75 million) in its non-automotive business, a senior company official said. The company expects to earn an incremental revenue of 10 billion rupees over the next five years from the
Published 31 Jul, 2006 12:00am
20 Taliban killed in Afghanistan

20 Taliban killed in Afghanistan

The US-led coalition troops and Afghan security forces killed 20 people and foiled a Taliban-led ambush in southern Afghanistan ahead of the scheduled expansion of Nato's presence in the region, US military said on Sunday.
Published 31 Jul, 2006 12:00am
20 Taliban killed in Afghanistan

20 Taliban killed in Afghanistan

The US-led coalition troops and Afghan security forces killed 20 people and foiled a Taliban-led ambush in southern Afghanistan ahead of the scheduled expansion of Nato's presence in the region, US military said on Sunday.
Published 31 Jul, 2006 12:00am
Pakistan and India foreign secretaries meeting today

Pakistan and India foreign secretaries meeting today

The Foreign Secretaries of Pakistan and India will meet informally in Dhaka on Monday, ahead of the Saarc Foreign Ministers' meeting, an official said. "The Pakistan Foreign Secretary will hold an informal meeting with his Indian counterpart at 11:30 pm (
Published 31 Jul, 2006 12:00am
Pakistan and India foreign secretaries meeting today

Pakistan and India foreign secretaries meeting today

The Foreign Secretaries of Pakistan and India will meet informally in Dhaka on Monday, ahead of the Saarc Foreign Ministers' meeting, an official said. "The Pakistan Foreign Secretary will hold an informal meeting with his Indian counterpart at 11:30 pm (
Published 31 Jul, 2006 12:00am
Supreme Court CJ reviews arrangements for Golden Jubilee celebrations

Supreme Court CJ reviews arrangements for Golden Jubilee celebrations

Chief Justice of Pakistan Iftikhar Ahmad Chaudhary presided over a meeting held here on Saturday to review the arrangements being made for holding the International Judicial Conference. The conference will be held from August 11-14 to celebrate the Golden
Published 31 Jul, 2006 12:00am
Work on Rs 14 billion motorway project soon

Work on Rs 14 billion motorway project soon

Necessary arrangements are being made to undertake the development work on a mega project of Sialkot-Lahore motorway, costing more than Rs14 billion. Official sources told Business Recorder here on Sunday that it was expected that the initial devel
Published 31 Jul, 2006 12:00am
Release of women prisoners worries ANF

Release of women prisoners worries ANF

Joint director of the Anti-Narcotics Force (ANF) Lieutenant-Colonel Wasif Sajjad has said the Presidential Ordinance to allow women prisoners release on bail has dented ANF's efforts against drug smuggling as women are being used for the purpose.
Published 31 Jul, 2006 12:00am
Additional wheat reserves available in Punjab: Elahi

Additional wheat reserves available in Punjab: Elahi

Punjab Chief Minister Chaudhry Pervaiz Elahi has said that there are additional reserves of wheat in the province and flour millers are free to purchase the commodity as much as they need, under the open policy of the government.
Published 31 Jul, 2006 12:00am
PPPP starts signature drive in favour of CoD

PPPP starts signature drive in favour of CoD

Pakistan Peoples Party Parliamentarians has started signature campaign in favour of Charter of Democracy (CoD). PPPP Punjab Deputy Secretary Information Muhammad Iqbal Sialvi told newsmen on Sunday, the signature movement was started in order to introduce
Published 31 Jul, 2006 12:00am
Fazl may meet Nawaz in London on August 1

Fazl may meet Nawaz in London on August 1

Muttahida Majlis-i-Amal (MMA) Secretary General Fazlur Rehman is likely to visit London on Tuesday to meet Nawaz Sharif. MMA sources told Business Recorder on Sunday that Fazl would be holding 'crucial meetings' with Nawaz Sharif. "The two will dis
Published 31 Jul, 2006 12:00am
Anti-price hike laws await implementation

Anti-price hike laws await implementation

To contain neck-breaking price hike and to provide a visible relief to baffled masses against the atrocities of profiteers and hoarders, it is a must that all anti-price hike laws and rules be strictly implemented.
Published 31 Jul, 2006 12:00am
SCBA protest against Israeli aggression today

SCBA protest against Israeli aggression today

The Supreme Court Bar Association (SCBA) will stage a protest demonstration against Israeli aggression in Lebanon, outside the Supreme Court building here on Monday.
Published 31 Jul, 2006 12:00am
AJK premier calls on Punjab chief minister

AJK premier calls on Punjab chief minister

The newly-elected prime minister of Azad Jammu and Kashmir (AJK), Sardar Atiq Ahmed, along with a delegation of members of AJK Legislative Assembly, called on Punjab Chief Minister Chaudhry Pervaiz Elahi here on Sunday.
Published 31 Jul, 2006 12:00am
MQM ministers' boycott enters fourth day

MQM ministers' boycott enters fourth day

The federal and provincial ministers belonging to Muttahida Qaumi Movement (MQM) will stay away from offices on Monday, the fourth consecutive day, as a row over resignations between the government and their party still to be settled. The MQM leadership h
Published 31 Jul, 2006 12:00am
Polling for Kashmir Council seat on August 5

Polling for Kashmir Council seat on August 5

Polling for a seat of the Kashmir Council would be held at AJK Legislative Assembly building on August 5. Nomination papers can be submitted on August 01.
Published 31 Jul, 2006 12:00am
'Standard gauge railway track will be gradually laid down'

'Standard gauge railway track will be gradually laid down'

Pakistan Railways General Manager (Operations) Saleem-ur-Rahman Akhund has said that standard gauge railway track will be gradually laid down in the country. Talking to PTV he said, presently, trains were being run on standard gauge railway track world-wi
Published 31 Jul, 2006 12:00am
Call for resuming peace process

Call for resuming peace process

Jammu and Kashmir Democratic Forum President, Pandit Bhushan Bazaz has said the suspension of dialogue process between India and Pakistan will strengthen the hands of forces working against peace, reports Kashmir Media Service on Sunday.
Published 31 Jul, 2006 12:00am
Mushahid optimistic about resolving dispute with MQM

Mushahid optimistic about resolving dispute with MQM

Pakistan Muslim League Secretary General Mushahid Hussain Syed has expressed optimism that the conflict with MQM would be resolved amicably. "The problem was identified. Objections were also raised.
Published 31 Jul, 2006 12:00am
People will reject opposition's drive: minister

People will reject opposition's drive: minister

Minister for Defence Sikandar Iqbal on Sunday said that the opposition would never succeed in their plan to launch anti-government movement because people have badly rejected similar calls in the past.
Published 31 Jul, 2006 12:00am
'Real Pakistani cooperation needed against Taliban'

'Real Pakistani cooperation needed against Taliban'

Pakistan needs to give "real co-operation" to combat Taliban militants in its rugged border zone with Afghanistan, French Defence Minister Michele Alliot-Marie said on Sunday.
Published 31 Jul, 2006 12:00am
Pakistan and China discuss plan to boost cultural ties

Pakistan and China discuss plan to boost cultural ties

Pakistan and China held ministerial level talks here and discussed a plan to push forward their cultural ties and strengthen people-to-people contacts. The two sides also reached an understanding to take necessary steps for upholding their common cultural
Published 31 Jul, 2006 12:00am
Qazi reiterates demand for interim government

Qazi reiterates demand for interim government

Reiterating MMA's demand of holding elections under an interim civilian government with the Senate Chairman as Acting President, the MMA President and Jamaat-i-Islami Chief Qazi Hussain Ahmad has said that the present military regime is not willing to ste
Published 31 Jul, 2006 12:00am
Trade fairs to help promote Pakistani products

Trade fairs to help promote Pakistani products

Member Executive Committee Sarhad Chamber of Commerce and Industry (SCCI), Zia-ul-Haq Sarhadi on Sunday stressed the need to take proper measures for fully availing business opportunity through trade shows being held abroad.
Published 31 Jul, 2006 12:00am
Power surges hit Pakistan Steel rolling operations

Power surges hit Pakistan Steel rolling operations

A series of electric jerks/surges from KESC network on Saturday struck Pakistan Steel power supply system tripping main step-down sub-station (MSDS) and Thermal Power Plant (TPP) line, a press release of Pakistan Steel issued here, on Sunday said.
Published 31 Jul, 2006 12:00am
AJK Prime Minister meets Sindh governor

AJK Prime Minister meets Sindh governor

Azad Kashmir Prime Minister Sardar Atiq met with Sindh Governor Dr Ishratul Ibad here at the Governor House on Saturday night and exchanged views on various matters of significance. The governor congratulated Sardar Atiq on his election as prime minister
Published 31 Jul, 2006 12:00am
Commodities move both ways on wholesale markets

Commodities move both ways on wholesale markets

Commodities fluctuated both ways on the wholesale market and JB during the week ended on July 29, 2006. However, plastic mouldings showed some changes and on the higher side.
Published 31 Jul, 2006 12:00am
Good crop prospects restrict trading on cotton market

Good crop prospects restrict trading on cotton market

Rains last week raised the prospect of a good cotton crop but temporarily restrained normal trading which was also affected by the TCP tender. The ginners waited for pressure from the textile package on cotton sales, which did not come and, therefore, the
Published 31 Jul, 2006 12:00am
Good crop prospects restrict trading on cotton market

Good crop prospects restrict trading on cotton market

Rains last week raised the prospect of a good cotton crop but temporarily restrained normal trading which was also affected by the TCP tender. The ginners waited for pressure from the textile package on cotton sales, which did not come and, therefore, the
Published 31 Jul, 2006 12:00am
IMC holds road safety course

IMC holds road safety course

In an initiative to reduce road casualties through the delivery of road safety education and training, Indus Motor Company (IMC) held a 5-day course on Road Safety & Traffic Injuries, in partnership with NED University, Aga Khan University and Jinnah Post
Published 31 Jul, 2006 12:00am
Great potential exists in tourism sector: minister

Great potential exists in tourism sector: minister

Pakistan has great potential for rapid deve1opment in tourism sector, but requires proper infrastructure with all facilities so that the historical and tourist spots may attract foreign tourists.
Published 31 Jul, 2006 12:00am
Plan to provide essential items at subsidised rates

Plan to provide essential items at subsidised rates

Punjab Minister for Chief Minister's Inspection Team, Colonel Shuja Khanzada (Retd) has said that a comprehensive programme has been evolved to provide essential items to people at lower rates.
Published 31 Jul, 2006 12:00am
Cricket tournament to be held on Independence Day

Cricket tournament to be held on Independence Day

To celebrate the Independence Day 2006 in a befitting and spirited manner, Maxim Advertising Co was organising an Independence Day cricket Tournament. The day and night tournament will be played on August 13 and 14 at the Federal Urdu University Ground, G
Published 31 Jul, 2006 12:00am
Government wants to nip inflation without hurting growth

Government wants to nip inflation without hurting growth

An increase in the central bank's discount rate on Monday, along with earlier steps to restrict liquidity, is likely take some heat out of national economy without impacting growth too much, analysts said.
Published 31 Jul, 2006 12:00am
Pakistan Telecom union bodies termed illegal

Pakistan Telecom union bodies termed illegal

Former justice Tanvir Ahmed Khan, Chairman of National Industrial Relations Commission (NIRC), Karachi bench, took serious notice on constitution of divisional bodies of Pakistan Telecom Employees Union (CBA) in different regions by Secretary General Rana
Published 31 Jul, 2006 12:00am
Strategy evolved to provide safe drinking water

Strategy evolved to provide safe drinking water

Punjab government has evolved a strategy for providing hygienic drinking water, instalment of water meters and to improve sanitation system in various districts of the Punjab.
Published 31 Jul, 2006 12:00am
'PTI to support no-trust move'

'PTI to support no-trust move'

Chief of Pakistan Tehrik-e-Insaf (PTI) Imran Khan has said that his party would support the opposition's No-Confidence Motion against the Prime Minister in the National Assembly.
Published 31 Jul, 2006 12:00am
Heavy rains lash Karachi, other parts of Sindh

Heavy rains lash Karachi, other parts of Sindh

Heavy rains lashed Karachi, Hyderabad and various other parts of Sindh on Sunday causing power outages in many localities and inundating low-lying areas. In Karachi, heavy rain started at about 3:00 pm and continued for almost half and hour. The low-lying
Published 31 Jul, 2006 12:00am
Heavy rains lash Karachi, other parts of Sindh

Heavy rains lash Karachi, other parts of Sindh

Heavy rains lashed Karachi, Hyderabad and various other parts of Sindh on Sunday causing power outages in many localities and inundating low-lying areas. In Karachi, heavy rain started at about 3:00 pm and continued for almost half and hour. The low-lying
Published 31 Jul, 2006 12:00am
Setting up of power plant: KESC invites German firms to carry out study

Setting up of power plant: KESC invites German firms to carry out study

The Karachi Electric Supply Corporation (KESC) has invited some German companies to carry out study on setting up nuclear power plant in the metropolis. Nuclear power generation is a viable option that can help in catering to the future power demand of th
Published 31 Jul, 2006 12:00am
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