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Print - 2007-02-03
KCCI backs solar and wind energy to meet power shortage

KCCI backs solar and wind energy to meet power shortage

The continuous power shortage is creating hurdles in the current pace of economic growth of the country. The growing gap between demand and supply of power and interrupted supply of power to industrial sector is retarding the country exports.
Published 03 Feb, 2007 12:00am
US MIDDAY: wheat lower

US MIDDAY: wheat lower

Wheat futures on the Chicago Board of Trade were lower at midmorning on Friday on follow-through technical selling from Thursday's lower close and a lack of supportive news, traders said.
Published 03 Feb, 2007 12:00am
US MIDDAY: copper hits 10-month low

US MIDDAY: copper hits 10-month low

US copper futures tumbled to a ten-month low at the open on Friday as the market extended its new year sell-off amid concerns over rising inventories and waning demand for the industrial metal, traders said.
Published 03 Feb, 2007 12:00am
US MIDDAY: soyabeans firm

US MIDDAY: soyabeans firm

Soyabean futures at the Chicago Board of Trade rallied on Friday as the market was technically strong after climbing about 11 cents in the past week, traders said.
Published 03 Feb, 2007 12:00am
US MIDDAY: gold tumbles

US MIDDAY: gold tumbles

Gold futures fell nearly 2 percent in New York on Friday, a day after they hit a 5-1/2-month high, hurt by technical selling by funds, a sharply higher dollar and news that the United States had no plans to go to war with Iran.
Published 03 Feb, 2007 12:00am
700 Balochistan villages to be electrified

700 Balochistan villages to be electrified

The federal government has approved a project worth Rs 1.685 billion to provide electricity to 700 villages of all Balochistan districts which will be completed in two years.
Published 03 Feb, 2007 12:00am
Three car-lifter gangs busted in January

Three car-lifter gangs busted in January

Anti-Car Lifting Cell (ACLC), Capital City Police Karachi, busted three gangs of car-jackers in January 2007, and arrested 61 car-lifters in Karachi. They also recovered 198 four-wheeler and 217 two-wheeler vehicles from their possession.
Published 03 Feb, 2007 12:00am
CDs resellers fined Rs 180,000 for breaching copyright law

CDs resellers fined Rs 180,000 for breaching copyright law

The Sindh and Lahore high courts have convicted 13 pirated software resellers and fined them Rs 180,000 for stealing the intellectual property of software producers and breaching the copyright law, according to a Business Software Alliance (BSA) press rel
Published 03 Feb, 2007 12:00am
US MIDDAY: corn weaker

US MIDDAY: corn weaker

Corn futures on the Chicago Board of Trade were weak early on Friday on technical selling and on a steep slide in precious metals, especially gold, traders said.
Published 03 Feb, 2007 12:00am
Kashmiris vow 'iron hand' in police killings

Kashmiris vow 'iron hand' in police killings

Indian Occupied Kashmir promised on Friday to use an "iron hand" against police who kill civilians and claim they are rebels in the hope of getting rewards or promotion.
Published 03 Feb, 2007 12:00am
German consul general calls on minister

German consul general calls on minister

The new Consul General of Germany, Hans Jocahim Kiderten, on Friday called on Sindh Minister for Women Development, Dr Saeeda Malik, at her office here.
Published 03 Feb, 2007 12:00am
A peek at history

A peek at history

With elections scheduled in the not too distant a future (hopefully as announced), we should brace ourselves to hear and see, ad-nauseum, announcements and pronouncements through various media and public meetings by the contestants in the game trying to o
Published 03 Feb, 2007 12:00am
Good idea

Good idea

According to a news item, MMA President Qazi Hussain Ahmed has declared that he is resigning from his post. I think it is a good idea because he has failed both as a religious leader and as a politician.
Published 03 Feb, 2007 12:00am
VIP movement in Karachi

VIP movement in Karachi

It is very distressing and unfortunate that due to frequent VVIP movements this mega city and center of business is almost paralysed. On the arrival of our President or Prime Minister or even a minister, the entire city of Karachi is blocked.
Published 03 Feb, 2007 12:00am
Taken for a ride, again

Taken for a ride, again

Before the latest revision in prices on January 16, petrol prices were last revised on April 30,2006 when the benchmark North Sea Brent Crude Oil was priced at around 72 dollars a barrel.
Published 03 Feb, 2007 12:00am
Leftist groups brace for more killings

Leftist groups brace for more killings

Human rights worker John Concepcion and his colleagues don't open their doors to unexpected visitors to their office in the eastern Philippine city of Legazpi. As members of the human rights group Karapatan, Concepcion said they needed to take extra preca
Published 03 Feb, 2007 12:00am
Elderly Chechen cycles to Makkah, via a wrong turn to Baghdad

Elderly Chechen cycles to Makkah, via a wrong turn to Baghdad

He faced scorpions, snakes and hostile US soldiers and his bicycle took a beating, but the 63-year-old Chechen now back home after cycling to and from Makkah says he is counting his blessings. Dzhanar-Aliyev Magomed-Ali returned to this war-torn Chechnya
Published 03 Feb, 2007 12:00am
Oil jumps three percent on political tensions

Oil jumps three percent on political tensions

Oil jumped 3 percent to $59 a barrel on Friday, stoked by cold weather in top consumer the United States and concerns over supply from Iran and Nigeria. US crude gained $1.72 to $59.02 a barrel, the highest settle price since January 2. London Brent crude
Published 03 Feb, 2007 12:00am
Bonds: buyout interest in Sainsbury rattles UK retailers

Bonds: buyout interest in Sainsbury rattles UK retailers

Credit default swaps on J. Sainsbury Plc leapt on Friday, as a trio of private equity houses said they were considering a buyout of the British grocer, sending shockwaves through the UK retail sector.
Published 03 Feb, 2007 12:00am
China's main index tumbles

China's main index tumbles

China's main stock index tumbled 4.03 percent on Friday, closing below last year's finish, as large caps sagged and turnover continued shrinking amid concern over the government's attitude toward the market.
Published 03 Feb, 2007 12:00am
US Stocks: Friday's midafternoon trade

US Stocks: Friday's midafternoon trade

US blue chip stocks edged lower on Friday after data showing moderate job creation in January suggested that the Federal Reserve will not cut interest rates yet, while the Nasdaq bobbed up. Positive broker comments about Electronic Arts Inc and other comp
Published 03 Feb, 2007 12:00am
Seoul shares rally

Seoul shares rally

Surging banking shares catapulted Seoul stocks up 2.2 percent to a one-month high on Friday, while foreigners made their biggest purchases in seven weeks after the market underperformed regional peers in the past month. Korea Exchange Bank soared 5.53 per
Published 03 Feb, 2007 12:00am
Britain's top share index moves higher

Britain's top share index moves higher

Britain's FTSE 100 index forged higher on Friday as private equity interest in J. Sainsbury sent its shares soaring and optimism over the US interest rate outlook whetted investors' risk appetite. The FTSE 100 closed up 28.7 points, or 0.46 percent at 6,3
Published 03 Feb, 2007 12:00am
London sugar mixed

London sugar mixed

London sugar futures settled mixed on Friday after a session dominated by spread trades, with attention focused on the launch of electronic trading of agricultural commodities in New York. Benchmark March finished up a marginal $0.80 a tonne at $341.00 af
Published 03 Feb, 2007 12:00am
India to release wheat stocks to cool prices

India to release wheat stocks to cool prices

India's government will release up to 400,000 tonnes of its wheat stocks into domestic markets by end-March to cool a rise prices caused by concerns that unusually warm weather may reduce this year's crop.
Published 03 Feb, 2007 12:00am
Muslim blueprint for Middle East peace

Muslim blueprint for Middle East peace

The whirlwind tour of five Arab capitals by President Pervez Musharraf from 20-24 January was soaked in Islamic symbolism, aimed at seeking consensus for greater harmony among Muslim states with a view to evolving a blueprint for an exclusive and concerte
Published 03 Feb, 2007 12:00am
China's farm market outlook bearish

China's farm market outlook bearish

Traders' outlook for next week's grain and soyabean complex turned bearish for the second consecutive week because of ample domestic supplies, a weekly Chinese grain survey showed on Friday. Crushers were not active in imports ahead of the week-long Chine
Published 03 Feb, 2007 12:00am
New York cotton settles higher

New York cotton settles higher

Cotton futures settled higher on modest buying by small speculators as operators awaited release of an industry plantings survey later Friday, brokers said. New York Board of Trade's March cotton contract closed up 0.32 cent at 53.89 cents per lb after tr
Published 03 Feb, 2007 12:00am
Ukraine sugar mills hit by oversupply, costs

Ukraine sugar mills hit by oversupply, costs

Ukraine's sugar producers must halve output in 2007 to avoid crippling losses after a 37 percent jump in production last year flooded the market with sugar and higher gas prices raised costs, the head of the largest refiner said.
Published 03 Feb, 2007 12:00am
Base metals dive

Base metals dive

Base metals prices fell sharply on the London Metal Exchange on Friday on fund liquidation after a report of heavy losses at a hedge fund, dealers said. "The market is collapsing," a European trader said. Zinc fell to a seven-month low at $2,990 a tonne a
Published 03 Feb, 2007 12:00am
European gold falls

European gold falls

Gold fell more than two percent on Friday as a rise in the dollar after US jobs data and chart signals prompted investors to take profits from recent highs, dealers said. Gold fell to $643.10 and was at $644.90/645.65 an ounce by 1626 GMT, against a six-m
Published 03 Feb, 2007 12:00am
New York Cotton Rates

New York Cotton Rates

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

Published 03 Feb, 2007 12:00am
NTU ensures teaching in line with industry's requirements

NTU ensures teaching in line with industry's requirements

The National Textile University (NTU), Faisalabad, has a strong link with industry, ensuring that the teaching to its students is in line with the requirements of the industry and all out efforts will be made to bring the industry to the classrooms to giv
Published 03 Feb, 2007 12:00am
New York Cotton Rates

New York Cotton Rates

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

Published 03 Feb, 2007 12:00am
PTA to establish 400 telecentres in rural areas

PTA to establish 400 telecentres in rural areas

Pakistan Telecommunication Authority (PTA) has launched a telecenter project to provide modern telecommunications and Internet facilities in rural and far-off areas.
Published 03 Feb, 2007 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 03 Feb, 2007 12:00am
Census of industrial units launched

Census of industrial units launched

Industries department Punjab has launched the census of industrial units in the province for the year 2005-2006. According to official sources, report forms in triplicate have been dispatched to all industrial undertakings engaged in the manufacturing pro
Published 03 Feb, 2007 12:00am
Steps taken to enhance cut flowers output

Steps taken to enhance cut flowers output

Punjab minister for agriculture, Arshad Khan Lodhi has said that the government is taking various measures to enhance the production of cut flowers as billions of rupees can be earned through its export.
Published 03 Feb, 2007 12:00am
By-elections: polling staff delegated magisterial powers

By-elections: polling staff delegated magisterial powers

The Chief Election Commissioner has authorised magisterial powers to the staff carrying out polling process for the by-election against one each vacant seats National Assembly and Provincial Assembly from Sindh.
Published 03 Feb, 2007 12:00am
Rs 100 million released for TOD metres on tubewells

Rs 100 million released for TOD metres on tubewells

Punjab Minister for Power Chaudhry Armaghan Subhani has said that the government had released the second instalment of Rs 100 million to Wapda for the installation of TOD metres on tubewells for the supply of cheap electricity to the farmers.
Published 03 Feb, 2007 12:00am
Rs 72 million taxes recovered in six months

Rs 72 million taxes recovered in six months

Excise and Taxation Department Vehari has recovered taxes to the tune of Rs 72.124 million in first six months of the current fiscal year. District Excise Officer Muhammad Aslam Khera told newsmen that this fiscal year's target for Vehari Excise departmen
Published 03 Feb, 2007 12:00am
Technical body to report on drilling for coal deposits

Technical body to report on drilling for coal deposits

Punjab mines and minerals department has prepared a new strategy for exploration of mineral deposits in various areas of Punjab, while work on new projects has been initiated. This was told by provincial minister Sibtain Khan while presiding over a depart
Published 03 Feb, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (February 02, 2007).

Published 03 Feb, 2007 12:00am
World Cancer Day on February 4

World Cancer Day on February 4

Like other parts of the globe, World Cancer day would be observed in Pakistan on February 4 to create awareness among the masses and focus attention towards "Cancer" as global health problem highlighting preventive measures to control the disease.
Published 03 Feb, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (February 02, 2007) and for Saturday (February 03, 2007).
Published 03 Feb, 2007 12:00am
Minister sees declining trend in unemployment rate

Minister sees declining trend in unemployment rate

Minister for Labour, Manpower and Overseas Pakistanis, Ghulam Sarwar Khan on Friday said that substantial decline has occurred in unemployment rate in the country over the past few years and efforts are going on to further reduce it.
Published 03 Feb, 2007 12:00am
Prospects of boost to trucking industry

Prospects of boost to trucking industry

According to a news report appearing on February 1, inefficiencies of the country's road freight industry have been costing roughly Rs 150 billion ($2.5 billion) annually to the national exchequer.
Published 03 Feb, 2007 12:00am
Time to reappraise direction of monetary policy

Time to reappraise direction of monetary policy

It seems that the State Bank is fully satisfied with its present monetary policy stance and does not want to consider a change. This is evident from the rigidity in rates in T-bills auctions in the last few months.
Published 03 Feb, 2007 12:00am
'Technical institutes provide training to Mustahkeen'

'Technical institutes provide training to Mustahkeen'

The provincial minister for Zakat and Usher, Mian Khadim Hussain Wattoo has said that keeping in view the industrial and commercial needs of Punjab province, it is need of the hour to extend the network of preparing skilled manpower whereas, the Zakat dep
Published 03 Feb, 2007 12:00am
Former employees to be re-employed

Former employees to be re-employed

The NWFP Environment Department has decided to re-employee all those ex-employees of the Social Forestry Project whose services had been terminated due to closure of the project. It has further decided that such employees would be at liberty either to get
Published 03 Feb, 2007 12:00am
Strategy evolved to check hike in fruit prices

Strategy evolved to check hike in fruit prices

With a view to controlling prices of fruits and discouraging the role of middlemen mafia and 'arthis', the Punjab government has devised a strategy for providing fruits to the common man at reasonable rates and necessary directions have been issued to all
Published 03 Feb, 2007 12:00am
DuPont Pakistan upgrades transformer solutions

DuPont Pakistan upgrades transformer solutions

Advanced Fiber Systems (AFS) - Energy Solutions Business Segment of DuPont Pakistan Operations (Pvt) Ltd on Thursday signed an agreement to provide technical consultancy to Pak Elektron Limited for dry type transformers manufacturing.
Published 03 Feb, 2007 12:00am
Recovery in Pakistan quake zones a model: UN official

Recovery in Pakistan quake zones a model: UN official

An American newspaper has reported remarkable recovery in Pakistan's quake zone with people trying to build their lives and livelihoods and quoted a UN official as describing it as a model of recovery in the wake of one of the biggest natural disasters.
Published 03 Feb, 2007 12:00am
10 injured as train derails

10 injured as train derails

Ten persons sustained injuries as six bogies of Allama Iqbal Express train derailed at Hussainabad, Hyderabad on Friday evening. Allama Iqbal Express bound for Lahore was coming from Karachi, when its six bogies derailed and overturned.
Published 03 Feb, 2007 12:00am
Cabinet body decision about Urdu hailed

Cabinet body decision about Urdu hailed

The Vice Chancellor of Federal Urdu University of Arts, Science and Technology, Professor Kamaluddin, Registrar, Abdul Aleem, Science Faculty Dean Dr Rashid Kamal Ansari, and others have lauded the Federal Cabinet Committee for proposing Urdu as compulsor
Published 03 Feb, 2007 12:00am
Acute irrigation water shortage in southern Punjab

Acute irrigation water shortage in southern Punjab

There is acute shortage of irrigation water in southern Punjab's Muzaffargarh, Rajanpur, Jampur, Kot Mithan, Fazilpur, Dera Ghazi Khan areas because of the execution of the project of modernisation and rehabilitation of Taunsa Barrage as Irrigation offici
Published 03 Feb, 2007 12:00am
'PhD faculty must for new programmes'

'PhD faculty must for new programmes'

Chairman, Higher Education Commission (HEC), Professor Dr Atta-ur-Rahman has expressed disapproval of universities introducing new programmes without requisite regular faculty PhD level.
Published 03 Feb, 2007 12:00am
President's help sought to save sports goods industry

President's help sought to save sports goods industry

Sports Goods Manufactures and Exporters Association Chairman, Professor Safdar Sandal has appealed to President Pervez Musharraf and Prime Minister Shaukat Aziz to take immediate remedial for the survival of sports goods industry from total collapse.
Published 03 Feb, 2007 12:00am
Intel company building 45 manometer processors

Intel company building 45 manometer processors

In one of the biggest advancements in fundamental transistor design, Intel Corporation has revealed that it is using two new materials to build the insulating walls and switching gates of its 45 nanometer (nm) transistors.
Published 03 Feb, 2007 12:00am
'Citizen group' formed to monitor next polls

'Citizen group' formed to monitor next polls

A number of well-known personalities from the media, legal profession, civil society and former members of the superior judiciary and armed forces have formed a group to begin an independent monitoring of the coming general elections in Pakistan.
Published 03 Feb, 2007 12:00am
The Weather

The Weather

The weather report on Friday (February 02, 2007) and the forecast for Saturday (February 03, 2007).
Published 03 Feb, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (February 02, 2007).

Published 03 Feb, 2007 12:00am
Ericsson lowers 2007 outlook

Ericsson lowers 2007 outlook

Ericsson reported a quarterly earnings gain that undershot expectations and scaled back its 2007 market growth forecast, sending its shares into their largest one-day fall in just over eight months on Friday.
Published 03 Feb, 2007 12:00am
Passion for flying kites

Passion for flying kites

In the middle of the last century kite flying was considered as a plebeian pastime. But after a half century Kite flying has been accepted as a sport by the rich and trendy also and as a popular springtime activity with the public at large. And kite flyin
Published 03 Feb, 2007 12:00am
BoP chief elected LSE chairman

BoP chief elected LSE chairman

President, The Bank of Punjab, Hamesh Khan, has been elected Chairman of the Lahore Stock Exchange (LSE) unopposed for the year 2007. The LSE governing board, which met here on Friday, unanimously elected Khan as chairman of the exchange.
Published 03 Feb, 2007 12:00am
Saddam Hussain: A 'King' of our times

Saddam Hussain: A 'King' of our times

Saddam Hussain was born in Tikrit, Iraq. He was a fatherless child. His family was poor. With time, he rose to glory. As a result of a coup in 1968, he seized power under the banner of Pan-Arab Baath Party. In 1979, he became President.
Published 03 Feb, 2007 12:00am
Musharraf to visit Iran and Turkey

Musharraf to visit Iran and Turkey

President Pervez Musharraf is to visit Iran and Turkey next week to discuss the situation in the Middle East and issues in the Muslim world, the foreign office said on Friday. It did not give exact details of when he would travel to Iran, and Turkey, whic
Published 03 Feb, 2007 12:00am
CAPITAL CULTURAL SCENE: Creative genius of budding photographers

CAPITAL CULTURAL SCENE: Creative genius of budding photographers

The Muharram, heraldic month of a lunar year, always creates a great impact on the socio -cultural life of our country. The great epic struggle waged by the revered Hazrat Imam Hussain (RA) against the notorious forces of tyranny, hypocrisy and treachery
Published 03 Feb, 2007 12:00am
Musharraf to visit Iran and Turkey

Musharraf to visit Iran and Turkey

President Pervez Musharraf is to visit Iran and Turkey next week to discuss the situation in the Middle East and issues in the Muslim world, the foreign office said on Friday. It did not give exact details of when he would travel to Iran, and Turkey, whic
Published 03 Feb, 2007 12:00am
Trading in APPL shares suspended

Trading in APPL shares suspended

The Securities and Exchange Commission of Pakistan (SECP) has directed the Karachi Stock Exchange to suspend trading in the shares of Adil Polypropylene Products Limited (APPL) w.e.f February 02, 2007.
Published 03 Feb, 2007 12:00am
Legendary Suraiya - a tribute

Legendary Suraiya - a tribute

January 31 marked the third death anniversary of legendary Suraiya, the subcontinent's greatest superstar singer-actress ever to grace the silver screen.
Published 03 Feb, 2007 12:00am
Trading in APPL shares suspended

Trading in APPL shares suspended

The Securities and Exchange Commission of Pakistan (SECP) has directed the Karachi Stock Exchange to suspend trading in the shares of Adil Polypropylene Products Limited (APPL) w.e.f February 02, 2007.
Published 03 Feb, 2007 12:00am
Do you want to look attractive?

Do you want to look attractive?

In the absence of proper understanding of the definition of freshness of face beauty parlors fleece many women. It is not the makeup of the face which when looks good means that one looks fresh but it is the glow which one has in oneself that radiates and
Published 03 Feb, 2007 12:00am
Trading in APPL shares suspended

Trading in APPL shares suspended

The Securities and Exchange Commission of Pakistan (SECP) has directed the Karachi Stock Exchange to suspend trading in the shares of Adil Polypropylene Products Limited (APPL) w.e.f February 02, 2007.
Published 03 Feb, 2007 12:00am
LAHORE CULTURAL DIARY: Theatre issues discussed at NCA Moot

LAHORE CULTURAL DIARY: Theatre issues discussed at NCA Moot

A workshop style discussion on theatre issues at National College of the Arts; a solo exhibition of miniature paintings and a discussion-cum- performance by Indian playwrights at the English Department of Punjab University were the highlights of cultural
Published 03 Feb, 2007 12:00am
FPCCI calls for adopting tangible textile policy

FPCCI calls for adopting tangible textile policy

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to adopt tangible policy measures to ensure global exportability and competitiveness of textile exports.
Published 03 Feb, 2007 12:00am
FPCCI calls for adopting tangible textile policy

FPCCI calls for adopting tangible textile policy

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to adopt tangible policy measures to ensure global exportability and competitiveness of textile exports.
Published 03 Feb, 2007 12:00am
Oscars salute 'the global power of film'

Oscars salute 'the global power of film'

Hollywood has always liked its smattering of exotic foreign stars - think Bridget Bardot, Sophia Loren, Richard Burton and Elizabeth Taylor. But it has never seen anything like the line-up of this year's Oscar contenders, where so many of the movies and s
Published 03 Feb, 2007 12:00am
FPCCI calls for adopting tangible textile policy

FPCCI calls for adopting tangible textile policy

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to adopt tangible policy measures to ensure global exportability and competitiveness of textile exports.
Published 03 Feb, 2007 12:00am
BRIDGE NOTES: Kizilbash makes a doubled contract against Giants

BRIDGE NOTES: Kizilbash makes a doubled contract against Giants

The world-wide bridge activity gets a bit hectic in 2007 as Bermuda Bowl World Bridge Championship is going to be staged in November this year in Shanghai, for which zonal qualifying rounds for taking part in that summit level bridge competition are held
Published 03 Feb, 2007 12:00am
Electricity demand rising by eight percent per year

Electricity demand rising by eight percent per year

The country's power sector offers many opportunities for the development of new infrastructure and projects that are needed to meet the demand of electricity, which is rising by 8-percent per year. In Pakistan, total generation capacity currently stands a
Published 03 Feb, 2007 12:00am
Over 200 schools in Nawabshah closed for years

Over 200 schools in Nawabshah closed for years

Over 200 primary schools, out of a total of 1,900 for both boys and girls are lying closed in all the three talukas of district Nawabshah for many years. The closure of schools causing difficulties for the village children whose parents wanted to admit th
Published 03 Feb, 2007 12:00am
Government to open 17 blocks to explore oil

Government to open 17 blocks to explore oil

Minister for Petroleum and Natural Resources, Amanullah Khan Jadoon has said the government is opening seventeen new blocks for oil and gas exploration in onshore and offshore areas. He was talking to the President of Rally Energy Corporation of Canada Mr
Published 03 Feb, 2007 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 03 Feb, 2007 12:00am
Government to open 17 blocks to explore oil

Government to open 17 blocks to explore oil

Minister for Petroleum and Natural Resources, Amanullah Khan Jadoon has said the government is opening seventeen new blocks for oil and gas exploration in onshore and offshore areas. He was talking to the President of Rally Energy Corporation of Canada Mr
Published 03 Feb, 2007 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 03 Feb, 2007 12:00am
Government to open 17 blocks to explore oil

Government to open 17 blocks to explore oil

Minister for Petroleum and Natural Resources, Amanullah Khan Jadoon has said the government is opening seventeen new blocks for oil and gas exploration in onshore and offshore areas. He was talking to the President of Rally Energy Corporation of Canada Mr
Published 03 Feb, 2007 12:00am