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Print - 2007-04-10
Dow Chemicals avoiding Bhopal tragedy: activists

Dow Chemicals avoiding Bhopal tragedy: activists

Activists accused multinational Dow Chemicals Co on Monday of side-stepping responsibility for the 1984 Bhopal gas leak disaster in India while thousands continue to suffer from toxic contamination.
Published 10 Apr, 2007 12:00am
Bali bombers escape Philippine military raid

Bali bombers escape Philippine military raid

Two of Southeast Asia's most wanted terrorist suspects evaded capture and three militants were killed Monday when Philippine troops raided camps of an al Qaeda-linked group, the military said.
Published 10 Apr, 2007 12:00am
Ethiopia treason trial judge frees 25 journalists

Ethiopia treason trial judge frees 25 journalists

An Ethiopian judge freed 25 journalists on Monday charged in a treason trial involving more than 100 opposition figures that has drawn international criticism as being politically motivated. "The prosecution has not proved the charges levelled against the
Published 10 Apr, 2007 12:00am
US delegation in North Korea to recover war dead

US delegation in North Korea to recover war dead

US presidential candidate Bill Richardson spent his first full day in North Korea Monday to try to recover the remains of American war dead, saying he believes the communist state wants a better relationship with Washington.
Published 10 Apr, 2007 12:00am
Physical and sexual abuse common in Indian kids

Physical and sexual abuse common in Indian kids

Two-thirds of children in India are physically abused while more than half have faced some form of sexual abuse, a government study backed by the UN Children's Fund said on Monday.
Published 10 Apr, 2007 12:00am
British defence secretary bans troops selling stories

British defence secretary bans troops selling stories

Britain's defence secretary announced Monday that military personnel have been banned from selling their stories to the media, after his department was heavily criticised for allowing 15 sailors held by Iran last month to accept payment for interviews.
Published 10 Apr, 2007 12:00am
Saudi Arabia vows crackdown on radical clerics

Saudi Arabia vows crackdown on radical clerics

Saudi Arabia's top security official has pledged to tackle extremist clerics whom he blamed for enticing young men to join Islamic militants sworn to toppling the kingdom's US-allied monarchy.
Published 10 Apr, 2007 12:00am
Police clamp down on Delhi motorists

Police clamp down on Delhi motorists

Police in New Delhi enforced a ban on smoking and drinking while driving Monday, as part of a stern crackdown to restore order on the Indian capital's famously chaotic roads, officials said. A raft of penalties were enforced in line with a March 26 city H
Published 10 Apr, 2007 12:00am
Copper scales six-month peak

Copper scales six-month peak

The price of copper charged to a six-month high above $3.50 a lb in futures trading Monday, extending a two-month rally that showed little signs of slowing, analysts said.
Published 10 Apr, 2007 12:00am
Two Air India planes make emergency landings

Two Air India planes make emergency landings

Two Air India planes made emergency landings on Monday at New Delhi's international airport, with the nose of one aircraft later hitting the ground as its front undercarriage collapsed while being towed away. No one was hurt in either incident, officials
Published 10 Apr, 2007 12:00am
Iran ready for atomic talks with West: Larijani

Iran ready for atomic talks with West: Larijani

Iran is ready for serious negotiations with the West to seek a deal that would end a row over its atomic plans, Iran's chief nuclear negotiator said on Monday. Iran has rejected UN demands to halt uranium enrichment, a process which the West fears Iran is
Published 10 Apr, 2007 12:00am
Clashes in Algeria leave 9 soldiers, 4 rebels dead

Clashes in Algeria leave 9 soldiers, 4 rebels dead

Nine soldiers and at least four Islamist rebels were killed in clashes between Algerian government troops and militants seeking to set up an Islamic state, newspapers reported on Monday.
Published 10 Apr, 2007 12:00am
Russia plans to rival US GPS system

Russia plans to rival US GPS system

Russia plans to launch a direct competitor to the US GPS satellite navigation system next year using military technology developed in the Cold War era, project leaders said on Monday. Drivers, hill walkers, sailors and army commanders around the world nav
Published 10 Apr, 2007 12:00am
Hasina sued for extortion

Hasina sued for extortion

A Bangladeshi businessman filed an extortion case on Monday against former prime minister Sheikh Hasina, police said in the capital, Dhaka. Lawyers said Hasina, now on a private visit to the United States, could be arrested on her return and if charges ag
Published 10 Apr, 2007 12:00am
New York cotton ends near eight-week low

New York cotton ends near eight-week low

Cotton futures were hammered by speculative liquidation after the holiday weekend to close Monday near an eight-week trough, and the weak technical outlook may see more losses in the days ahead, brokers said.
Published 10 Apr, 2007 12:00am
CBR to launch another updated system 'CREST'

CBR to launch another updated system 'CREST'

The Central Board of Revenue (CBR) has decided to launch another new computerised system, "CREST" for analysis of sales tax returns and speedy payment of sales tax refund to the exporters.
Published 10 Apr, 2007 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
Bulls dominate ISE proceedings

Bulls dominate ISE proceedings

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities witnessed broad-based recovery under the lead of hot favourite amid the increase in index. ISE-10 Index showed an increase of 3.83 points, as it moved from 2,644.76 to 2,
Published 10 Apr, 2007 12:00am
Wolfowitz weighs in on World Bank lover row

Wolfowitz weighs in on World Bank lover row

World Bank president Paul Wolfowitz insisted Monday his commitment to staff rules in his first public intervention into a raging controversy over massive pay raises given to his girlfriend.
Published 10 Apr, 2007 12:00am
ECC may allow setting up of floating LNG terminal

ECC may allow setting up of floating LNG terminal

The Economic Co-ordination Committee of the Cabinet will consider establishment of floating Liquefied Natural Gas (LNG) terminal on BOT basis by Associated Group (AG) at Port Qasim. Sources told Business Recorder on Monday that the ECC.
Published 10 Apr, 2007 12:00am
NBP G 9 branch ATM fails to work

NBP G 9 branch ATM fails to work

National Bank of Pakistan (NBP) ATM account holders feel short changed, when these cards fail to work in any of the ATM outlets across the capital city. But the two machines at the G 9 branch kiosks are enough to make customers go mad.
Published 10 Apr, 2007 12:00am
Afghan paper urges execution of Taliban prisoners

Afghan paper urges execution of Taliban prisoners

The Afghan government should execute Taliban prisoners, an Afghan daily said on Monday, the day after the rebels killed the translator of an Italian journalist. Meanwhile, a spokesman for the Taliban commander holding five Afghan Health Ministry officials
Published 10 Apr, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
Keti Bandar as port option under study

Keti Bandar as port option under study

The Ministry of Ports and Shipping is also considering Keti Bandar as a full-fledged future port in line with the ports expansion strategy to meet the growing demand of the country's cargoes. "We are also working on the feasibility of Keti Bandar as an ac
Published 10 Apr, 2007 12:00am
Keti Bandar as port option under study

Keti Bandar as port option under study

The Ministry of Ports and Shipping is also considering Keti Bandar as a full-fledged future port in line with the ports expansion strategy to meet the growing demand of the country's cargoes. "We are also working on the feasibility of Keti Bandar as an ac
Published 10 Apr, 2007 12:00am
Keti Bandar as port option under study

Keti Bandar as port option under study

The Ministry of Ports and Shipping is also considering Keti Bandar as a full-fledged future port in line with the ports expansion strategy to meet the growing demand of the country''s cargoes. "We are also working on the feasibility of Keti Bandar as an a
Published 10 Apr, 2007 12:00am
THE RUPEE: dollar strong in open market

THE RUPEE: dollar strong in open market

The rupee extended its weekend slide against the dollar in the open market on Monday for buying and selling at Rs 60.70 and Rs 60.80, dealers said. The rupee failed to come out of the recent weakness as the dollar was in demand due to higher payments, the
Published 10 Apr, 2007 12:00am
THE RUPEE: dollar strong in open market

THE RUPEE: dollar strong in open market

The rupee extended its weekend slide against the dollar in the open market on Monday for buying and selling at Rs 60.70 and Rs 60.80, dealers said. The rupee failed to come out of the recent weakness as the dollar was in demand due to higher payments, the
Published 10 Apr, 2007 12:00am
FDIBL declared scheduled Islamic Bank

FDIBL declared scheduled Islamic Bank

State Bank of Pakistan, in exercise of powers conferred on it by clause (a) of Sub-Section (2) of Section 37 of SBP Act, 1956, has declared First Dawood Islamic Bank Limited as scheduled Islamic Bank with effect from April 10, 2007.
Published 10 Apr, 2007 12:00am
World Bank to launch $60 million for mine and mineral project

World Bank to launch $60 million for mine and mineral project

The World Bank is planning to launch about $60 million mine and mineral developmental project in Pakistan. Sources told Business Recorder on Monday that the WB would start $60 million project to develop country's mine and mineral sector.
Published 10 Apr, 2007 12:00am
World Bank to launch $60 million for mine and mineral project

World Bank to launch $60 million for mine and mineral project

The World Bank is planning to launch about $60 million mine and mineral developmental project in Pakistan. Sources told Business Recorder on Monday that the WB would start $60 million project to develop country's mine and mineral sector.
Published 10 Apr, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
World Bank to launch $60 million for mine and mineral project

World Bank to launch $60 million for mine and mineral project

The World Bank is planning to launch about $60 million mine and mineral developmental project in Pakistan. Sources told Business Recorder on Monday that the WB would start $60 million project to develop country''s mine and mineral sector.
Published 10 Apr, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
Four-year exports plan sets IT industry target at $10 billion

Four-year exports plan sets IT industry target at $10 billion

The Pakistan Software Export Board (PSEB) has prepared draft of a four-year strategic plan, which would increase the IT industry's size to $10 billion by year 2010. Under the proposed plan, eight strategic areas, with missions and annual targets, have bee
Published 10 Apr, 2007 12:00am
Four-year exports plan sets IT industry target at $10 billion

Four-year exports plan sets IT industry target at $10 billion

The Pakistan Software Export Board (PSEB) has prepared draft of a four-year strategic plan, which would increase the IT industry's size to $10 billion by year 2010. Under the proposed plan, eight strategic areas, with missions and annual targets, have bee
Published 10 Apr, 2007 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 31st March 2007.

Published 10 Apr, 2007 12:00am
Four-year exports plan sets IT industry target at $10 billion

Four-year exports plan sets IT industry target at $10 billion

The Pakistan Software Export Board (PSEB) has prepared draft of a four-year strategic plan, which would increase the IT industry''s size to $10 billion by year 2010. Under the proposed plan, eight strategic areas, with missions and annual targets, have be
Published 10 Apr, 2007 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 31st March 2007.

Published 10 Apr, 2007 12:00am
Tribesmen hoist flags after clearing Azam Warsak

Tribesmen hoist flags after clearing Azam Warsak

Tribesmen flew victory flags and fired in the air on Monday after clearing another town of al Qaeda-linked foreign militants following three weeks of fighting, officials said.
Published 10 Apr, 2007 12:00am
Tribesmen hoist flags after clearing Azam Warsak

Tribesmen hoist flags after clearing Azam Warsak

Tribesmen flew victory flags and fired in the air on Monday after clearing another town of al Qaeda-linked foreign militants following three weeks of fighting, officials said.
Published 10 Apr, 2007 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
TCP seeking permission to export wheat

TCP seeking permission to export wheat

The Trading Corporation of Pakistan (TCP) said on Monday it was seeking government approval to restart wheat exports after a good harvest this year left a surplus of more than 2.0 million tonnes.
Published 10 Apr, 2007 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
TCP seeking permission to export wheat

TCP seeking permission to export wheat

The Trading Corporation of Pakistan (TCP) said on Monday it was seeking government approval to restart wheat exports after a good harvest this year left a surplus of more than 2.0 million tonnes.
Published 10 Apr, 2007 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
TCP seeking permission to export wheat

TCP seeking permission to export wheat

The Trading Corporation of Pakistan (TCP) said on Monday it was seeking government approval to restart wheat exports after a good harvest this year left a surplus of more than 2.0 million tonnes.
Published 10 Apr, 2007 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
Compensation on delayed refund to be included in income

Compensation on delayed refund to be included in income

The compensation paid to the taxpayers on delayed payment of refund would be included in the income for the calculation of income tax. Sources told Business Recorder on Monday the CBR has issued instructions to the field formations to clarify the s
Published 10 Apr, 2007 12:00am
Compensation on delayed refund to be included in income

Compensation on delayed refund to be included in income

The compensation paid to the taxpayers on delayed payment of refund would be included in the income for the calculation of income tax. Sources told Business Recorder on Monday the CBR has issued instructions to the field formations to clarify the s
Published 10 Apr, 2007 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
Compensation on delayed refund to be included in income

Compensation on delayed refund to be included in income

The compensation paid to the taxpayers on delayed payment of refund would be included in the income for the calculation of income tax. Sources told Business Recorder on Monday the CBR has issued instructions to the field formations to clarify the s
Published 10 Apr, 2007 12:00am
Uneasy calm prevails in Kurram Agency

Uneasy calm prevails in Kurram Agency

A security personnel was killed and several others injured when a mortar shell hit their center in Parachinar as clashes between rival factions continued on Monday, witnesses said.
Published 10 Apr, 2007 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
Uneasy calm prevails in Kurram Agency

Uneasy calm prevails in Kurram Agency

A security personnel was killed and several others injured when a mortar shell hit their center in Parachinar as clashes between rival factions continued on Monday, witnesses said.
Published 10 Apr, 2007 12:00am
Iran announces industrial nuclear fuel work

Iran announces industrial nuclear fuel work

Iran announced on Monday it had begun industrial scale nuclear fuel production in a fresh snub to the UN Security Council which has imposed two rounds of sanctions on Tehran for refusing to halt such work.
Published 10 Apr, 2007 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
Iran announces industrial nuclear fuel work

Iran announces industrial nuclear fuel work

Iran announced on Monday it had begun industrial scale nuclear fuel production in a fresh snub to the UN Security Council which has imposed two rounds of sanctions on Tehran for refusing to halt such work.
Published 10 Apr, 2007 12:00am
Eastern medicine bill to be tabled in National Assembly for approval

Eastern medicine bill to be tabled in National Assembly for approval

Federal Minister for Health Muhammad Naseer Khan has said that bill on the use and regulation of eastern medicine was lying pending in the National Assembly, which would be taken up in next session for debate and approval. "Government is fully aware of th
Published 10 Apr, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
PMA approaches government against quick fix medicine advertisements

PMA approaches government against quick fix medicine advertisements

Pakistan Medical Association, Karachi has sent a letter to the Federal Minister for Information & Broadcasting drawing his attention towards quick fix medicines, magic herbs and other health related products being advertised through print and electronic m
Published 10 Apr, 2007 12:00am
Sikh Yatrees perform religious rites

Sikh Yatrees perform religious rites

Around 4,000 Sikh Yatrees from India, who arrived here on Sunday for Baisakhi festival, on Monday visited seven Gurdwaras including Gurdwara Janam Asthan at Nankana Sahib to perform their religious rites.
Published 10 Apr, 2007 12:00am
Training workshop today

Training workshop today

National Commission for Human Development (NCHD) in collaboration with Devolution Trust for Community Empowerment (DTCE) is holding two-day training workshop for the Executive District Officers (EDOs) and District Officers (DOs) of City District Governmen
Published 10 Apr, 2007 12:00am
Waheed Arshad made Al-Mughirat's honorary colonel

Waheed Arshad made Al-Mughirat's honorary colonel

Major General Waheed Arshad, Director General Inter Services Public Relations (DG ISPR) was installed as honorary colonel of the Regiment of Armoured Corps popularly known as "Al-Mughirat" at an impressive ceremony here on Monday.
Published 10 Apr, 2007 12:00am
Reference and composition of SJC challenged

Reference and composition of SJC challenged

A member of Supreme Court Bar Association (SCBA) has approached the Supreme Court through a constitutional petition praying to the court to declare the presidential reference against the Chief Justice Pakistan as void, mala fide and maliciously motivated.
Published 10 Apr, 2007 12:00am
Tableau competition for special children

Tableau competition for special children

A tableau competition for special children is being held at Alhamra Art Center in Lahore in the last week of this month. The competition is being organised under the 'Awareness, Fun and Food Programme' for special children by prominent artist and social c
Published 10 Apr, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (April 09, 2007) and for Tuesday (April 10, 2007).
Published 10 Apr, 2007 12:00am
Reshma to perform at National Arts Gallery

Reshma to perform at National Arts Gallery

Popular folk singer Reshma who is commonly known as the 'Daughter of the Desert' has said that she will give a performance at the newly-constructed National Arts Gallery of the Pakistan National Council of the Arts (PNCA) in Islamabad as soon as she fully
Published 10 Apr, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
Lawyers' protest continues

Lawyers' protest continues

The lawyers' community continued protest against the suspension of Chief Justice of Pakistan and observed token strike. The bar members also held hunger strike camp in the bar premises and did not appear before the courts for one hour as a sign of protest
Published 10 Apr, 2007 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (April 09, 2007).

Published 10 Apr, 2007 12:00am
Plea rejected

Plea rejected

Lahore High Court (LHC) disposed of a petition filed by Ghazala Saad challenging detention of her husband Khawaja Saad Rafiq after his release by the government. The petitioner had approached the court for the release of her husband.
Published 10 Apr, 2007 12:00am