News Archives for Print - 2007-01-22

Business Recorder's staffer grieved

Business Recorder's photographer Nadeem-ul Hassain's uncle Syed Shoukat Ali passed away on Sunday morning in Karachi after a short illness. He was 81. He was buried at Paposh Nager Graveyard.

Published 22 Jan, 2007 12:00am

World Bank differs with Pakistan over poverty reduction figures

In a draft on "Pakistan promoting rural growth and poverty reduction" the World Bank has sharply differed with the government of Pakistan over estimates of poverty reduction. It said the poverty reduction in Pakistan between 2001-02, and 2004-05, have bee

Published 22 Jan, 2007 12:00am

World Bank differs with Pakistan over poverty reduction figures

In a draft on "Pakistan promoting rural growth and poverty reduction" the World Bank has sharply differed with the government of Pakistan over estimates of poverty reduction. It said the poverty reduction in Pakistan between 2001-02, and 2004-05, have bee

Published 22 Jan, 2007 12:00am

World Bank differs with Pakistan over poverty reduction figures

In a draft on "Pakistan promoting rural growth and poverty reduction" the World Bank has sharply differed with the government of Pakistan over estimates of poverty reduction. It said the poverty reduction in Pakistan between 2001-02, and 2004-05, have bee

Published 22 Jan, 2007 12:00am

Conference of all AJK parties being convened: Mirwaiz

All Parties Hurriyat Conference (APHC) Chairman Mirwaiz Omar Farooq has announced to convene a meeting of all political parties of Azad Jammu Kashmir to adopt joint strategy for the solution of Kashmir issue.

Published 22 Jan, 2007 12:00am

Conference of all AJK parties being convened: Mirwaiz

All Parties Hurriyat Conference (APHC) Chairman Mirwaiz Omar Farooq has announced to convene a meeting of all political parties of Azad Jammu Kashmir to adopt joint strategy for the solution of Kashmir issue.

Published 22 Jan, 2007 12:00am

Share market retains bullish posture

Bullish trend continued in the Karachi share market during the outgoing week ended on January 19, 2007. The KSE-100 index after managing to close in the green on all five days this week, increased by 216 points or 2.07 percent on week-on-week basis to clo

Published 22 Jan, 2007 12:00am

Share market retains bullish posture

Bullish trend continued in the Karachi share market during the outgoing week ended on January 19, 2007. The KSE-100 index after managing to close in the green on all five days this week, increased by 216 points or 2.07 percent on week-on-week basis to clo

Published 22 Jan, 2007 12:00am

Share market retains bullish posture

Bullish trend continued in the Karachi share market during the outgoing week ended on January 19, 2007. The KSE-100 index after managing to close in the green on all five days this week, increased by 216 points or 2.07 percent on week-on-week basis to clo

Published 22 Jan, 2007 12:00am

No demurrage on wrongly detained goods: FTO

The Federal Tax Ombudsman, former Justice Munir A Sheikh, has ruled that Karachi Port Trust (KPT) must accept the 'delay and detention certificate' issued by the Customs Department, and it should not ask the importers to pay demurrage for wrongfully detai

Published 22 Jan, 2007 12:00am

No demurrage on wrongly detained goods: FTO

The Federal Tax Ombudsman, former Justice Munir A Sheikh, has ruled that Karachi Port Trust (KPT) must accept the 'delay and detention certificate' issued by the Customs Department, and it should not ask the importers to pay demurrage for wrongfully detai

Published 22 Jan, 2007 12:00am

No demurrage on wrongly detained goods: FTO

The Federal Tax Ombudsman, former Justice Munir A Sheikh, has ruled that Karachi Port Trust (KPT) must accept the ''delay and detention certificate'' issued by the Customs Department, and it should not ask the importers to pay demurrage for wrongfully det

Published 22 Jan, 2007 12:00am

LSE remains bullish

The share market witnessed buoyancy during the outgoing week amidst expectations of good corporate results as well as some sort of relief in taxes imposed on stock transactions, and registered a net gain of over 2 percent.

Published 22 Jan, 2007 12:00am

LSE remains bullish

The share market witnessed buoyancy during the outgoing week amidst expectations of good corporate results as well as some sort of relief in taxes imposed on stock transactions, and registered a net gain of over 2 percent.

Published 22 Jan, 2007 12:00am

Urban violence increases in Spain's Basque country

The number of incidents of urban violence increased in Spain's Basque region over the weekend after the country's top court ruled that three radical Basque separatist youth groups were "terrorists".

Published 22 Jan, 2007 12:00am

Vote splits Serbs between past and future

Lugging heavy shopping bags, 65-year-old Milka Maravic turned out to vote in Serbian elections on Sunday determined to see off politicians she blames for the country's volatile past.

Published 22 Jan, 2007 12:00am

Mumbai to host Saarc business leaders moot on February 17

Second Saarc Business Leaders Conclave (SBLC) will take place in Mumbai on February 17-18 to explore the ways and means for a sustainable economic and social stability in the region.

Published 22 Jan, 2007 12:00am

Mumbai to host Saarc business leaders moot on February 17

Second Saarc Business Leaders Conclave (SBLC) will take place in Mumbai on February 17-18 to explore the ways and means for a sustainable economic and social stability in the region.

Published 22 Jan, 2007 12:00am

Mumbai to host Saarc business leaders moot on February 17

Second Saarc Business Leaders Conclave (SBLC) will take place in Mumbai on February 17-18 to explore the ways and means for a sustainable economic and social stability in the region.

Published 22 Jan, 2007 12:00am

MONEY WEEK: private sector credit nosedives to Rs 218 billion on year-end window-dressing

The 2006 calendar year-end window-dressing, which banks resort to in the last fortnight, or so, of every calendar year to show huge development in loans and deposits, at least on their balance sheets, showed the private sector credit plummeting to Rs 218

Published 22 Jan, 2007 12:00am

MONEY WEEK: private sector credit nosedives to Rs 218 billion on year-end window-dressing

The 2006 calendar year-end window-dressing, which banks resort to in the last fortnight, or so, of every calendar year to show huge development in loans and deposits, at least on their balance sheets, showed the private sector credit plummeting to Rs 218

Published 22 Jan, 2007 12:00am

MONEY WEEK: private sector credit nosedives to Rs 218 billion on year-end window-dressing

The 2006 calendar year-end window-dressing, which banks resort to in the last fortnight, or so, of every calendar year to show huge development in loans and deposits, at least on their balance sheets, showed the private sector credit plummeting to Rs 218

Published 22 Jan, 2007 12:00am

Ogra hopes for further cut in oil prices

Member Finance, Oil and Gas Regulatory Authority (Ogra) M.H. Asif has expressed the hope that downwards trend in oil prices would prevail. Talking to a private television channel, he said that Ogra has to analyse a number of factors for recommending the p

Published 22 Jan, 2007 12:00am

Iran MPs see red over tomato prices

Iranian MPs quizzed President Mahmoud Ahmadinejad about rising inflation on Sunday, citing the price of tomatoes, as he submitted his annual budget to parliament. "Controlling inflation, which has been reduced to 12.1 percent, has been a success for the g

Published 22 Jan, 2007 12:00am

Gas for Fatima Fertiliser: industries ministry to submit fresh summary to ECC

The Ministry of Industries and Production is to submit fresh summary to the Economic Coordination Committee (ECC) of the Cabinet, proposing allocation of gas, time schedule and monitoring system for Fatima Fertiliser Company Limited (FFCL) on line of Qadi

Published 22 Jan, 2007 12:00am

Gas for Fatima Fertiliser: industries ministry to submit fresh summary to ECC

The Ministry of Industries and Production is to submit fresh summary to the Economic Coordination Committee (ECC) of the Cabinet, proposing allocation of gas, time schedule and monitoring system for Fatima Fertiliser Company Limited (FFCL) on line of Qadi

Published 22 Jan, 2007 12:00am

Gas for Fatima Fertiliser: industries ministry to submit fresh summary to ECC

The Ministry of Industries and Production is to submit fresh summary to the Economic Coordination Committee (ECC) of the Cabinet, proposing allocation of gas, time schedule and monitoring system for Fatima Fertiliser Company Limited (FFCL) on line of Qadi

Published 22 Jan, 2007 12:00am

Two cops injured in Tank bomb blast

Two policemen were wounded on Sunday when a remote-controlled bomb exploded near a police van, police said. The roadside bomb went off when a police emergency squad was patrolling in the town of Tank, near the rugged tribal region of South Waziristan, pol

Published 22 Jan, 2007 12:00am

Two cops injured in Tank bomb blast

Two policemen were wounded on Sunday when a remote-controlled bomb exploded near a police van, police said. The roadside bomb went off when a police emergency squad was patrolling in the town of Tank, near the rugged tribal region of South Waziristan, pol

Published 22 Jan, 2007 12:00am

Premier McGuinity received at Wagha

Prime Minister of Canadian province Ontario, Dalton McGuinity leading a delegation reached Wagha Border here on Sunday. Punjab Chief Minister, Chaudhry Pervaiz Elahi, members of provincial cabinet, Chief Secretary Punjab, Salman Siddique and other senior

Published 22 Jan, 2007 12:00am

Mobile crime unit gets toll-free number

Mobile Crime Unit of Capital City Police Karachi has obtained a toll free number 0800-91515. After installation/operation of this toll free number, which would start functioning very soon, police will be connected with CPLC and PTA in their existing syste

Published 22 Jan, 2007 12:00am

Majalis, sermons start peacefully

The first day of the month of Muharram Sunday marked the start of a series of Muhurram Majalis at different Imambargahs and private houses by the Isna Ashri community along with sermons of peace and sectarian harmony.

Published 22 Jan, 2007 12:00am

Government efforts enhance Karachi's image: Ibad

Sindh Governor, Dr Ishrat-ul-Ebad Khan said efforts of the government made over the last few years have resulted in uplift of the city's image across the world and the city has become a hallmark of peace.

Published 22 Jan, 2007 12:00am

Minister expresses dismay over KWSB performance

Sindh Minister for Local Government and Katchi Abadies Muhammad Hussain Khan has expressed dismay over the performance of KWSB in SITE Town. In this connection, he issued directive for immediate improvement, otherwise stern action would be initiated again

Published 22 Jan, 2007 12:00am

Shaukat and Ibad condole Bhopali's death

Prime Minister Shaukat Aziz has expressed deep condolence with the bereaved family members on the demise of renowned poet Mohsin Bhopali.

Published 22 Jan, 2007 12:00am

Pillion-riding banned in Multan and Vehari

Pillion riding in Multan and Vehari districts has been prohibited with immediate effect to avert any eventuality, however old-age persons, women and member of law enforcing agencies are exempted of these restrictions.

Published 22 Jan, 2007 12:00am

General Ehsan meets Yemeni defence minister

Chairman Joint Chiefs of Staff Committee General Ehsan ul Haq on Sunday called on Yemeni Defence Minister Major General Nassir Ahmed Ali in Sana and discussed matters of mutual interest. General Ehsan ul Haq also visited the Special Forces Headquarters of

Published 22 Jan, 2007 12:00am

Triple murder case registered against 16 accused

The City Daska police have registered a triple murder case against 16 nominated accused including Irshad Ahmad (Nazim union council Begowala) for killing their three political rivals and injuring one on Friday near govt Boys Degree College Daska.

Published 22 Jan, 2007 12:00am

Entry of 58 Ulema banned in Attock

The government of Punjab has imposed ban on the entrance of 58 Fiqa Jafferia and Ahle Sunnat waljamaat Ulema in District Attock. According to police sources, 33 Ulema belong to Fiqa Jafferia Jamaat while 25 are from Ahle Sunnat Waljamaat.

Published 22 Jan, 2007 12:00am

Turkish Air Force commander arrives today

General Faruk COMERT, Commander Turkish Air Force, along with his wife and two members delegation will be visiting Pakistan from Monday on the invitation of Pakistan Air Force.

Published 22 Jan, 2007 12:00am

Punjab government fails to bring no-trust motion against Nazim

Punjab government failed to attain the support of required number of Nazimeen to bring a no-trust motion against Sardar Abdul Qayyum Khan Jatoi, District Nazim Muzaffargarh in spite of using police and revenue staff ruthlessly.

Published 22 Jan, 2007 12:00am

Agitation against AJK government after February 5: Sultan

Former prime minister of Azad Kashmir and President of people's Muslim League Barrister Sultan Mehmood Chaudhry has said that his party would launch a movement against the Azad Jammu and Kashmir (AJK) government after February 5.

Published 22 Jan, 2007 12:00am

PPP to launch drive against Sindh chief minister

The Pakistan People's Party, Punjab's leader and former Secretary General Rana Aftab Ahmed has vehemently condemned the Sindh chief minister over his remarks against PPP Chairperson Benazir Bhutto and said he had gone mad.

Published 22 Jan, 2007 12:00am

Over 1.6 million Afghans registered: official

More than 1.6 million Afghan citizens have so far been registered in the largest-scale registration exercise conducted by the government in collaboration with UN refugee agency.

Published 22 Jan, 2007 12:00am

Sharp fluctuations seen in grams rates

Sharp rises were marked on the commodity wholesale markets in moong, gram Australia, urad, barley, gram Punjab, while some items fluctuated modestly, during the week ended on January 20, 2007.

Published 22 Jan, 2007 12:00am

The Founders demands amendment in LCCI constitution

The Founders Chairman Dr Khalid Javed Chaudhry has urged Prime Minister Shaukat Aziz and Commerce Minister Humayun Akhtar Khan to amend the articles in the constitution of Lahore Chamber of Commerce and Industry (LCCI) so as to hold the election of office

Published 22 Jan, 2007 12:00am

Minister to monitor water, sewage lines scheme

Provincial Minister for Chief Minister's Inspection Team (CMIT) Colonel Shuja Khanzada chairing a meeting here on Sunday said that he would monitor the schemes regarding replacement of outdated and dilapidated portable water and sewerage lines in the prov

Published 22 Jan, 2007 12:00am

LGH introduces laproscopic surgery

The Lahore General Hospital (LGH) according to information received from it on Sunday has introduced laproscopic surgery of kidney for the first time in Punjab by performing the procedure on three patients.

Published 22 Jan, 2007 12:00am

Cotton prices in ready up, spot rate raised twice to Rs 2,550

Cotton buying continued though tussle in perception of the buyers and sellers over price led to restrain during the week ended on January 20, 2007. Spot rate opened at Rs 2500 but was raised by Rs 25. Another rise was marked on Friday taking the spot rate

Published 22 Jan, 2007 12:00am

Cotton prices in ready up, spot rate raised twice to Rs 2,550

Cotton buying continued though tussle in perception of the buyers and sellers over price led to restrain during the week ended on January 20, 2007. Spot rate opened at Rs 2500 but was raised by Rs 25. Another rise was marked on Friday taking the spot rate

Published 22 Jan, 2007 12:00am

Sobhraj Hospital lacks facilities

Sobhraj Maternity Hospital, the biggest maternity hospital of city government, is facing death of basic facilities, as city government remained indifferent from its plights.

Published 22 Jan, 2007 12:00am

Gulistan-e-Johar to get flyover

City Nazim Syed Mustafa Kamal has inaugurated a project to lay down water and sewerage pipelines and repairing roads in Gulistan-e-Johar area with the estimated cost of Rs 550 million and also announced to construct flyover from Johar Morr to Millennium M

Published 22 Jan, 2007 12:00am

Youm-e-Shahadat Hazrat Umer (RA) observed

Youm-e-Shahadat Hazrat Umer Farooq (R.A) was observed with traditional zeal and fervour across Sindh on start of Islamic Calendar year. In this regard graceful seminar on "Youm-e-Shahadat Farooq Azam (R.A) & New Islamic Year" was organised on Sunday in Bi

Published 22 Jan, 2007 12:00am

PSLIA opposed to current sales tax audit

Chairman, Pakistan Steel Linepipe Industry Association (PSLIA), Malik Tariq Mahmood has called for developing small industries to give sound and strong footing to country's economy.

Published 22 Jan, 2007 12:00am

Navtec to start training programme for youth

National Vocational and Technical Education Commission (Navtec) in collaboration with Balochistan Institute of Skill Development and Technical Education, Quetta, will launch model skills training programme in construction sector in the provincial headquar

Published 22 Jan, 2007 12:00am

KTI seeks further cut in oil prices

Karachi Transport Ittehad (KTI) has demanded of Petroleum Ministry to further reduce prices of diesel up to Rs 12 per litre and petrol to Rs 11, respectively, otherwise programme would be devised to observe countrywide strike after 10th Muharram-ul-Haram.

Published 22 Jan, 2007 12:00am

Opposition to resign if Musharraf opts for re-election: Aitzaz

Former interior minister and a central leader of PPP Aitaz Ahsan has said that member of opposition parties will resign from the parliament if President Musharraf tries to get himself re-elected from the present assemblies.

Published 22 Jan, 2007 12:00am

Senate resumes sitting today

The senate will resume sitting here on Monday in the Parliament House Building. The house will meet after a two day break in the evening. Deputy Chairman Senate will chair the session as the Chairman Muhammad Mian Soomro has become acting President in the

Published 22 Jan, 2007 12:00am

Spectre of kidnappings haunts Baghdad

Marwan was in a hurry. Stuck in traffic in the mixed west Baghdad district of Al-Jihad, the Sunni Arab taxi driver took a shortcut down a side street inhabited by Shiites and disappeared. Two days later, the 32-year-old cabbie was found dead in a dusty al

Published 22 Jan, 2007 12:00am

Malaysian shares likely to consolidate

Malaysian share prices are expected to go through a consolidation phase next week but this may present buying opportunities for investors, analysts said Friday.

Published 22 Jan, 2007 12:00am

Hong Kong shares to trade range-bound after recent gains

Hong Kong share prices may move in a narrow range next week in the absence of fresh catalysts, but they should remain in positive territory, supported by investor optimism on China's growth prospects, dealers said Friday.

Published 22 Jan, 2007 12:00am

After turbulent week, Wall Street faces more earnings tests

Wall Street's main indexes were mixed over the past week amid market turmoil over corporate earnings and the outlook for profit growth. Analysts say the market could see more turbulence after investors pummelled key firms even after they met most Wall Str

Published 22 Jan, 2007 12:00am

Philippines shares look for fresh leads

The Philippines stock market is looking for fresh leads such as interest rate or foreign exchange movements to determine the direction of trading in the coming week, analysts said Friday.

Published 22 Jan, 2007 12:00am

Tokyo share market eyes corporate results

Japanese stock market investors will begin turning their focus to third-quarter corporate earning results next week while also monitoring the weaker yen, analysts said Friday.

Published 22 Jan, 2007 12:00am

Indian shares to see range-bound trade

Indian shares are likely to see choppy and range-bound trade next week as investors lock in gains at higher levels after impressive third-quarter earnings, dealers said.

Published 22 Jan, 2007 12:00am

Growth data a focus for London stock market

Investors in the London stock market are expected next week to pay close attention to the latest British economic growth data, which should provide more clues to the future direction of interest rates.

Published 22 Jan, 2007 12:00am

Merkel arrives in Russia for energy security talks with Putin

German Chancellor Angela Merkel arrived in Russia on Sunday for talks with President Vladimir Putin expected to focus on securing guarantees for energy supplies to the European Union, a Kremlin official said.

Published 22 Jan, 2007 12:00am

Turkish teenager confesses to killing journalist

A 17-year-old Turkish boy, held as the prime suspect in the killing of journalist Hrant Dink, one of Turkey's most prominent ethnic Armenians, has confessed to the murder, a prosecutor told Anatolia news agency Sunday.

Published 22 Jan, 2007 12:00am

Iran to test new missiles

Iran's elite Revolutionary Guards will stage three days of military exercises from Monday amid a mounting stand-off with the West over its nuclear drive, the state-run television website reported Sunday.

Published 22 Jan, 2007 12:00am

Tehran defiant on UN sanctions, plans war games

President Mahmoud Ahmadinejad vowed Sunday that Iran will never bow to UN resolutions over its nuclear programme, as the military prepared for war games that will include short-range missile tests.

Published 22 Jan, 2007 12:00am

Bomb kills British soldier

A roadside bomb killed one British soldier and wounded four on Sunday in northern Basra in southern Iraq, the British military said. British forces have around 6,000 troops in the oil-rich southern city. One of the wounded was in serious condition, a Brit

Published 22 Jan, 2007 12:00am

Nato-led troops escape suicide attack near Kabul

A suicide bomber detonated an explosives-filled car close to a Nato-led military convoy on the outskirts of the Afghan capital Kabul Sunday but only killed himself, officials said.

Published 22 Jan, 2007 12:00am

Ten killed in Egyptian minibus crash

Ten Egyptians were killed and 10 others injured on Sunday when a minibus collided with a truck on a highway south of Cairo in the latest of a series of Egyptian transport accidents, security sources said.

Published 22 Jan, 2007 12:00am

Two killed, 19 hurt in Assam

Two people, including a local politician, were killed and at least 19 wounded in a series of blasts and a shooting in India's revolt-torn north-eastern state of Assam, police said on Sunday.

Published 22 Jan, 2007 12:00am

China shows power with 'Star Wars' test

China's apparently successful destruction of a satellite in space shows its determination to be a global power and is set to leave lasting jitters in the United States and Asia, analysts say.

Published 22 Jan, 2007 12:00am

Democratic field to grow after Hillary throws hat into ring

The field of US Democratic presidential contenders was expected to grow even more Sunday after Senator Hillary Clinton dramatically reshaped the budding contest by entering the 2008 race.

Published 22 Jan, 2007 12:00am

Major quake hits off Indonesia but no tsunami risk

A major 6.5-magnitude undersea earthquake rocked Indonesia's northern Sulawesi province Sunday, the country's meteorology agency said, but it added there was no risk of a tsunami despite earlier fears.

Published 22 Jan, 2007 12:00am

Sidelined Bangladesh election chief resigns

Bangladesh's controversial election chief resigned Sunday after months of protests by opposition parties led to the postponement of polls scheduled for Monday, an official said.

Published 22 Jan, 2007 12:00am

Abbas set to meet Hamas rival to end crisis

Palestinian president Mahmud Abbas was set to meet exiled Hamas supremo Khaled Meshaal in Damascus on Sunday in a bid to end an often violent power struggle and form a government of national unity.

Published 22 Jan, 2007 12:00am

President's re-election bid to be resisted: Fazl

Opposition Leader in the National Assembly Maulana Fazlur Rehman has said that MMA would strongly resist the President's move to get himself re-elected from the present assemblies.

Published 22 Jan, 2007 12:00am

Free plastic surgery in Gujrat

Pakistan Cleft Lip and Palate Association (PCLAPA) today announced the schedule for surgical operations of people from all over the country for providing them free medical facilities and undertaking surgery of patients suffering from the major disability

Published 22 Jan, 2007 12:00am

Partly Facetious: why decrease oil price now?

"Oil prices have declined."

Published 22 Jan, 2007 12:00am

73 million saplings to be planted under 'Sarsabz Pakistan'

The government would plant 73 million saplings during the Spring Tree Plantation drive, being launched from the first week of February. Official of the Environment Ministry said that year 2007 has been dedicated as "Sarsabz Pakistan Green Pakistan".

Published 22 Jan, 2007 12:00am

Mexico updates ancient star tradition with ultramodern telescope

Alfonso Serrano Perezgrobas gushes whenever he talks about astronomy and the people of Mexico. Serrano, director of Mexico's National Institute for Astrophysics, Optics and Electronics (INAOE), says gazing at the stars has been a favourite activity of the

Published 22 Jan, 2007 12:00am

The Network consumer report on medical tourism-I

According to Dr Farhat a pilot survey was recently conducted in which 70 people from three sites in Punjab, villages from where people are known to sell their kidneys, were interviewed and the findings were ignoble to say the least. Almost all the village

Published 22 Jan, 2007 12:00am

Power problems

Your lead editorial "Power Problems" (BR, January 11) again highlights the seriousness of the problems being faced by the power sector and the utter lack of planning, specially during the last six to seven years.

Published 22 Jan, 2007 12:00am

Bush resists growing pressure to curb global warming

The battle over global warming is heating up, with President George W. Bush refusing to limit greenhouse gas emissions despite growing pressure from the Democrat-led Congress and around the world. White House spokesman Tony Snow earlier this week said Bus

Published 22 Jan, 2007 12:00am

Tourist information centres being refurbished: PTDC

Seventeen tourist information centres from across the country are being refurbished comprehensively in a bid to attract maximum number of domestic and foreign tourists, Managing Director, Pakistan Tourism Development Corporation (PTDC), Salman Javed said.

Published 22 Jan, 2007 12:00am

'Sectarian harmony need of the hour'

Punjab Minister for Labour Welfare, Rana Qasim Noon has said on Saturday sectarian harmony and unity among the ranks of Muslims was the need of the hour which could help resolve the problems being faced to the Ummah.

Published 22 Jan, 2007 12:00am

IT tribunals to probe e-crimes

The government will set up special information technology (IT) tribunals in the Federal Capital and provincial headquarters to investigate and check the incidents of e-crimes, which have remained unpunished for lack of specific law.

Published 22 Jan, 2007 12:00am

Cool and dry weather forecast

The Met Office has forecast cool and dry weather for Karachi on Monday with minimum temperature in range 12-14 degree centigrade. Cold and dry weather is also forecast for Hyderabad, Mirpurkhas, Sukkur and Larkana divisions on Monday.

Published 22 Jan, 2007 12:00am

Trader shot dead

A trader Muhammad Arshad (37) was shot dead by accused Muhammad Ilyas over a money dispute in village Chabeelpur-Motra, Daska tehsil, here, on Sunday. Motra police have registered a case, with no arrest in this regard.

Published 22 Jan, 2007 12:00am

Action against non-registered vehicles initiated

The traffic police have initiated strict action against motorists driving non-registered (Applied for) and tinted glass vehicles or having non-approved specimen number plates in the federal capital territory.

Published 22 Jan, 2007 12:00am

'Gas to be provided to Fata in two phases'

The NWFP Governor Lieutenant-General Ali Muhammad Jan Aurakzai (Retd) has said that Fata would be provided with the facility of natural gas in two phases adding that in the first phase of the project, most part of the tribal area would get gas from the Gu

Published 22 Jan, 2007 12:00am

Musharraf performs Umra

President General Pervez Musharraf performed Umra here on Saturday night and prayed for progress and prosperity of Pakistan and unity of the Muslim Ummah. The President, on visit to five nations, will discuss resolution of the lingering dispute of Palesti

Published 22 Jan, 2007 12:00am

Fahim denies rift between PPP and PML-N

Chairman ARD and PPPP central leader Makhdoom Amin Fahim has denied of any differences between PPPP and PML-N and termed it as propaganda. Speaking at a seminar on 'Intra- Religious Harmony' here on Sunday, he said, ARD would continue to struggle against

Published 22 Jan, 2007 12:00am

Slack conditions on world textile markets affect cotton prices

Most of the cotton crop estimates now appear converging between 12.5 and 13.0 million local weight bales. Cotton arrival and disposal report of 16th January, 07 reveals up-to date arrivals of seed-cotton equivalent to 11.555 million bales against 11.660 m

Published 22 Jan, 2007 12:00am

Slack conditions on world textile markets affect cotton prices

Most of the cotton crop estimates now appear converging between 12.5 and 13.0 million local weight bales. Cotton arrival and disposal report of 16th January, 07 reveals up-to date arrivals of seed-cotton equivalent to 11.555 million bales against 11.660 m

Published 22 Jan, 2007 12:00am

Rs 4.5 billion projects in industrial areas to be completed this year: Kamal

City Nazim Karachi Syed Mustafa Kamal said on Sunday the city government had started development projects in all four industrial zones with the estimated cost of Rs 4.5 billion which would be completed by the end of this year.

Published 22 Jan, 2007 12:00am

Tight security for Ashura procession planned

Close circuit television cameras will be installed at the entire route of main procession of Zuljinnah and important points of Majalis in the city for security purpose.

Published 22 Jan, 2007 12:00am

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

Most Popular