News Archives for Print - 2007-04-29

Print - 2007-04-29

US high-grade corporate bond mostly unchanged

US high-grade corporate bonds were mostly unchanged on Friday, while in the high-yield area, airline bonds tumbled after J.P. Morgan Securities cut estimates for several airlines.

Published 29 Apr, 2007 12:00am

US high-grade corporate bond mostly unchanged

US high-grade corporate bonds were mostly unchanged on Friday, while in the high-yield area, airline bonds tumbled after J.P. Morgan Securities cut estimates for several airlines.

Published 29 Apr, 2007 12:00am

Toronto stocks rise

The Toronto Stock Exchange's main index ended higher on Friday as a rise in energy issues offset weakness spurred by Bank of Montreal's warning that natural gas trading losses will cut profits. The S&P/TSX composite index closed down 34.49 points, or 0.3

Published 29 Apr, 2007 12:00am

AMC Entertainment IPO faces high hurdles

Movie theatre operator AMC Entertainment Inc's planned initial public offering next week faces stiff challenges after the IPO of rival Cinemark Holdings Inc failed to live up to its blockbuster billing.

Published 29 Apr, 2007 12:00am

AMC Entertainment IPO faces high hurdles

Published 29 Apr, 2007 12:00am

Argentine stocks rise

Argentine stocks rose on Friday as a rise in global oil prices lifted shares in index heavyweight Tenaris, a leading steel tube maker. The benchmark MerVal index of the 16 leading stocks closed up 0.4 percent at 2,197.77 points, finishing the week with a

Published 29 Apr, 2007 12:00am

Mexican stocks rally

Mexican stocks recovered from heavy losses, helped by a rally in Group Mexico while bond prices tumbled on Friday after the central bank surprised financial markets with a quarter-percentage-point interest rate hike.

Published 29 Apr, 2007 12:00am

US Treasury prices flat

US Treasury debt prices ended little changed on Friday in choppy trade after data showing anaemic economic growth offset inflation that remains above the Federal Reserve's presumed target level. Bonds initially got a boost from a government report showing

Published 29 Apr, 2007 12:00am

US Treasury prices flat

Published 29 Apr, 2007 12:00am

Brazil stocks jump

Brazil's stocks rose on Friday on the heels of US markets, while the nation's central bank intervened heavily in the currency market to curb a rally. The Bovespa index of the Sao Paulo Stock Exchange rose 0.33 percent to 49,229, near an all-time high of 4

Published 29 Apr, 2007 12:00am

Chile stocks up

Chilean stock indexes edged higher for a third consecutive session on Friday, as investors focused on final earnings reports. The all-market IGPA index edged up 0.10 percent to 14,192.69 points, while the trade-weighted, blue chip IPSA index gained 0.09 p

Published 29 Apr, 2007 12:00am

Dow rings up another record close

The Dow Jones industrial average rose on Friday, with robust earnings pushing the blue chip index to its third straight record close even as data showed the economy grew in the first quarter at its slowest pace in four years.

Published 29 Apr, 2007 12:00am

US dollar slumps

The last time the US dollar slid to a record low against the euro it quickly recovered, but this time may be different. The dollar slid to a new record low against the euro on Friday, with the euro quoted above $1.3680, the highest since the currency's la

Published 29 Apr, 2007 12:00am

Dollar sinks to record low

The dollar dropped to a record low against the euro on Friday after the weakest reading of US economic growth in four years suggested the economy could be at danger of falling behind the rest of the world. For the first time since its launch in January 19

Published 29 Apr, 2007 12:00am

Canadian dollar rises

The Canadian dollar drove higher on Friday, extending its peak versus a retreating US currency on merger-related interest and stronger oil prices. Bond prices eased, pressured by a report showing Canadian manufacturers increasingly upbeat about output and

Published 29 Apr, 2007 12:00am

Taiwan dollar at six-month low

The Taiwan dollar eased to a six-month low on Friday on importers' deals and as it tracked losses in the yen after a larger-than-expected fall in Japan's core consumer prices. The local currency fell for a sixth straight session and dropped to as low as T

Published 29 Apr, 2007 12:00am

Euro swap short rates under pressure

Short-dated euro zone interest swap rates rose on Friday after US first quarter growth came in well below expectations renewing hopes the Federal Reserve may cut rates later in the year. However, a higher than expected reading on core PCE inflation capped

Published 29 Apr, 2007 12:00am

Indian rupee to consolidate short-term: Goldman

The Indian rupee is likely to consolidate near 40.40 per dollar short-term but longer term indicators remain bullish and a close past 40.40 would signal further gains, Goldman Sachs said.

Published 29 Apr, 2007 12:00am

India to bid for 2020 Olympics

India will bid for the 2020 Olympics, the country's Olympic association (IOA) president said on Saturday. "The moment the Commonwealth Games are over, all of us will be working on that bid ... we will start off immediately," Suresh Kalmadi told a news con

Published 29 Apr, 2007 12:00am

Unofficial complaint led to review of contracts: BCCI

An unofficial complaint about incentive clauses in players' endorsement contracts was what forced the Indian cricket board to take tougher measures, BCCI president Sharad Pawar said. Pawar was quoted on Friday as saying that he had received an "unofficial

Published 29 Apr, 2007 12:00am

Aamir, Mansoor qualify for NWFP Squash final

Top seed Aamir Atlas and Mansoor Zaman on Saturday qualified for the final of US $25,000, Governor NWFP International Squash Championship by defeating their rivals in the semi-finals played at Hashim Khan Squash Complex.

Published 29 Apr, 2007 12:00am

Canas renaissance boosted by Barcelona final

Guillermo Canas took another step down the road to rehabilitation following a drugs ban by defeating Agustin Calleri 7-6 (7/1), 6-7 (5/7), 6-2 Saturday to reach the final of the Barcelona Open. The 12th seeded Argentine will on Sunday face the winner of a

Published 29 Apr, 2007 12:00am

McGrath happy to walk away from cricket

Glenn McGrath believes he is retiring from cricket safe in the knowledge that there are plenty of fast bowlers waiting to take his place in the Australia side. "I'm happy to walk away from the game," McGrath told a Kensington Oval news conference ahead of

Published 29 Apr, 2007 12:00am

Man United go 5 points clear as Chelsea draw

Manchester United stormed back from two goals down to beat Everton 4-2 and open up a five-point lead in the Premier League on Saturday as rivals Chelsea were held to a 2-2 draw by Bolton Wanderers.

Published 29 Apr, 2007 12:00am

Al Qaeda threat not over: Saudi Arabia

The arrest of 172 suspected militants did not end the al Qaeda-linked threat in Saudi Arabia, the interior minister was quoted on Saturday as saying.

Published 29 Apr, 2007 12:00am

Woman killed in held Kashmir attack

Suspected militants threw a grenade at a crowded bus stand in Indian-held Kashmir on Saturday, killing a woman and wounding 25 people, police and witnesses said. No group has claimed responsibility for the attack, which occurred on the outskirts of occupi

Published 29 Apr, 2007 12:00am

Army chopper crashes in Philippines; eight dead

Eight people were killed and three wounded when a military helicopter on a training flight crashed into a crowded village outside an airbase in the central Philippines, an air force spokesman said on Saturday.

Published 29 Apr, 2007 12:00am

Israel denies Olmert comments on Iran missile raid

Israeli Prime Minister Ehud Olmert's office denied on Saturday he had told a German magazine Iran's disputed nuclear programme could be severely hit by firing 1,000 cruise missiles in a 10-day attack.

Published 29 Apr, 2007 12:00am

Three Hamas militants killed

Israeli soldiers shot dead three Hamas militants and critically wounded one other near the border between the Gaza Strip and southern Israel on Saturday, the Hamas armed wing said.

Published 29 Apr, 2007 12:00am

Karzai offers peace; Taliban free French woman

The Taliban freed a French aid worker on Saturday as President Hamid Karzai marked the anniversary of the end of communist rule with a fresh offer of an olive branch to the resurgent guerrillas. France's Foreign Ministry confirmed that one member of an ai

Published 29 Apr, 2007 12:00am

23 Taliban, two cops dead

New clashes between Taliban and troops left 23 rebels and two policemen dead, officials said Saturday. Taliban rebels stormed a district administrative headquarters in the eastern province of Khost late Friday, sparking a battle that was joined by Nato he

Published 29 Apr, 2007 12:00am

Turkey condemns army threat to intervene in poll: EU and US urge for peaceful solution of crisis

Turkey's Islamist-rooted government condemned on Saturday an army threat to intervene in the nation's presidential contest while the EU and the United States urged a peaceful resolution of the crisis.

Published 29 Apr, 2007 12:00am

Police and political officials awarded

The NWFP Governor Lieutenant General Ali Muhammad Jan Aurakzai (Retd), on Saturday awarded commendation certificates and cash prizes to a party, comprising officials of Peshawar police and political administration of Khyber Agency for busting a kidnapping

Published 29 Apr, 2007 12:00am

Reference to remember three writers

A condolence reference is being organised on May 3 at a local hotel to pay homage to three prominent intellectuals and writers of the province namely Syed Hussain Shah Rashdi, M.H Panhwar and Anwar Pirzado. This was announced here on Saturday by Professor

Published 29 Apr, 2007 12:00am

Steps taken to ensure safety for train passengers

India and Pakistan have initiated steps to insure safety and security to passengers of Samjhauta and Thar Express trains following February 19 Samjhauta Express blast, in which 68 passengers mostly Pakistanis were killed and many severely injured.

Published 29 Apr, 2007 12:00am

NWFP distributes Rs 1.20 billion among destitute

The department of Zakat NWFP has distributed a handsome amount of Rs 1.20 billion amongst 0.327 million deserving destitute of the province during last four years government of the religio-political alliance MMA, sources told Business Recorder on S

Published 29 Apr, 2007 12:00am

Prime Minister approves draft insurance policy

Prime Minister Shaukat Aziz has approved in principle draft insurance policy, under which Board of Directors of Pakistan Reinsurance Corporation Ltd will be full empowered to take decisions in interest of PRCL.

Published 29 Apr, 2007 12:00am

Karachi University forms committee to grant scholarships

The University of Karachi (KU) has formed a committee to grant scholarships to those brilliant students, who are unable to pay fees because of their financial hardships, said the KU spokesman here on Saturday.

Published 29 Apr, 2007 12:00am

Ban on Al Rasheed Trust remains in place

The government said a ban on a charity named on a UN terrorist list remains in place, following remarks by the charity's lawyer earlier this week suggesting that a court in Karachi had lifted the ban.

Published 29 Apr, 2007 12:00am

Transfers and postings of judges

Chief Justice of Lahore High Court (LHC) has reshuffled two senior civil judges and 43 civil judge-cum-judicial magistrates. According to a notification, issued here on Saturday, senior civil judge-cum-judicial magistrate Shahid Islam has been transferred

Published 29 Apr, 2007 12:00am

Five Supreme Court benches set up for next week

Acting Chief Justice Rana Bhagwandas has constituted five benches of the Supreme Court for the next week, starting from April 30, for hearing of hundreds of cases at Islamabad.

Published 29 Apr, 2007 12:00am

ADB to provide $3 billion for development schemes

The Asian Development Bank (ADB) will provide $3 billion to Pakistan for completion of development schemes during the year, 2007. This was stated by the ADB Vice President during an interview to a private TV channel Aaj. He said that the ADB had provided

Published 29 Apr, 2007 12:00am

Poverty drives Myanmar's hidden sex industry

Sandar was 13 years old when her mother talked her into selling her virginity to help pull the family out of poverty. Two decades later and still far away from that goal, Sandar has been arrested for prostitution more times then she can recall, jailed twi

Published 29 Apr, 2007 12:00am

Roads and development

I remember your paper exhorted on umpteenth occasions the need for vital links between roads and economic development. It is unfortunate that the highways department and government of Sindh are not sufficiently alive to their responsibilities to keep road

Published 29 Apr, 2007 12:00am

When will Indian Consulate open in Karachi?

I heard in January 2006 that Indian Consulate would be opened in Karachi soon. But there is no hope of opening Indian Consulate in Karachi and God knows when it will start functioning for visas.

Published 29 Apr, 2007 12:00am

Money for development projects

The speed at which development projects are being under-taken to improve infrastructure like building Motorways-Flyovers-dams- ports-airports-educational institutions is a healthy sign. Such projects create job opportunities and lead to economic stability

Published 29 Apr, 2007 12:00am

As some taste the good life, Tajik leader grows wary

From the crippling amounts his people spend on weddings to the local fashion for gold teeth, Tajikistan's leader is on the warpath against extravagant spending. President Emomali Rakhmon, an authoritarian figure who clinched a new term in office at flawed

Published 29 Apr, 2007 12:00am

Stalked by family honour, some Muslim women hide

Fidan, her hair dyed blonde, is in hiding from her husband, who she says beats and rapes her. She is terrified her family will kill her if she goes home to eastern Turkey. Back in Anatolia, the 19-year old's relatives believe she has brought shame on them

Published 29 Apr, 2007 12:00am

Lebanese still not taught about civil war 17 years later

Seventeen years after the end of Lebanon's civil war, history textbooks in schools still do not tackle the controversial strife which continues to blight political life in a country where the past is ever-present.

Published 29 Apr, 2007 12:00am

Women empowerment programmes

Women empowerment programmes are primarily innovative initiatives of President Pervez Musharraf, who himself set them out as top priority on the government agenda for 'National Policy for Development and Empowerment of Women' on March 7 in 2002.

Published 29 Apr, 2007 12:00am

Rapid spread of Hepatitis

A report prepared by the Ministry of Science and Technology has revealed that Hepatitis B and C have infected 18 percent of Pakistan's population, and that in another 10-15 years Hepatitis C will have infected 30 percent of the Pakistanis. The findings ar

Published 29 Apr, 2007 12:00am

Ship-breaking industry must be saved

Contrary to trade bodies' traditional pre-budget focus on demand for incentives and facilities, the Pakistan Ship Breakers Association has displayed confidence in government policies, with a marked emphasis on their continuity. This has reference, in part

Published 29 Apr, 2007 12:00am

Unilever's profit up to Rs 449 million

Unilever Pakistan Limited has sustained its growth momentum in the first quarter of 2007, as the company's after tax profit surged by 8 percent to Rs 449 million in the first quarter ended March 31, 2007 as compared to Rs 416 million in the corresponding

Published 29 Apr, 2007 12:00am

Unilever's profit up to Rs 449 million

Published 29 Apr, 2007 12:00am

Police postings politically motivated: Wasim

Wasim Akhtar, Advisor to Chief Minister Sindh for Home Affairs, has acknowledged that posting and transfer of police officials are ordered on political consideration.

Published 29 Apr, 2007 12:00am

'CS&RD academy to create skilled, trained manpower'

The Sindh Minister for Revenue Dr Irfan Gul Magsi has said that the establishment of "Sindh Civil Services & Rural Development Academy" (SCS&RDA) at the cost of Rs 114.204 million with a view to create skilled and trained manpower in each field and utilis

Published 29 Apr, 2007 12:00am

NGOs accused of misusing aids funds

Non-governmental organisations (NGOs) are misusing Hiv/Aids funds provided by the World Bank and the government for creating awareness and control. Syed Sardar Ahmed, Sindh Senior Minister for Health and Co-ordination, stated this at a seminar on 'Interna

Published 29 Apr, 2007 12:00am

'Economic integration not possible in subcontinent'

Dr Ahmed Rashid Malik, a research scholar and analyst, Islamabad Policy Research Institute (IPRI) has said that since the partition of the subcontinent, political controversies are going on, so the process of economic integration was not possible.

Published 29 Apr, 2007 12:00am

Rs 3.5 million benefits to workers

Commissioner Sindh Employees Social Security Institution (Sessi) Hashim Raza said here on Saturday that Sessi, under its social security cover, had provided Rs 3.5 million medical and other financial benefits to covered workers and their dependants last m

Published 29 Apr, 2007 12:00am

Awareness seminars about SME policy to be organised

To create awareness about the first ever small and medium enterprises (SME) policy, the Small and Medium Enterprise Development Authority (Smeda) would initiate a series of 15 nation-wide seminars with participation in the big business gala here on May 2.

Published 29 Apr, 2007 12:00am

Dawood Hercules approves un-audited first quarter accounts

The board of directors of Dawood Hercules Chemicals Limited met on Thursday and approved the un-audited accounts of the company for the first quarter ended on March 31. The highlights of the financial results are as under:

Published 29 Apr, 2007 12:00am

Dawood Hercules approves un-audited first quarter accounts

Published 29 Apr, 2007 12:00am

Rally against privatisation

Anti-privatisation and Human Rights Forum will organise a march on Monday April 30, 2007 from Tower to Regal Chowk to end privatisation policy that would be participated by a large number of traders, political and civil society organisations.

Published 29 Apr, 2007 12:00am

Acting CJP visits Supreme Court Registry Office

Acting Chief Justice of Pakistan Rana Bhagwandas visited Supreme Court Registry Office in Karachi Saturday (today). Assistant Registrar Maqbool Ahmed Mangario and other officials received the ACJ at Karachi Registry Office.

Published 29 Apr, 2007 12:00am

Fiscal year 2007-08: Rs 43.1081 billion CDGK draft budget presented amidst uproar

The City District Government Karachi (CDGK) on Saturday presented a draft of Rs 43.1081 billion surplus budget for the fiscal 2007-08 in the City Council budget session amid uproar by the Opposition. The estimated expenditures for the fiscal year have bee

Published 29 Apr, 2007 12:00am

Fiscal year 2007-08: Rs 43.1081 billion CDGK draft budget presented amidst uproar

Published 29 Apr, 2007 12:00am

IBP-SIBA 'knowledge partnership'

The Institute of Bankers Pakistan (IBP) and Sukkur Institute of Business Administration (SIBA) would enter into a "knowledge partnership" following the signing a memorandum of understanding (MoU) here on April 30.

Published 29 Apr, 2007 12:00am

PHMA demands uninterrupted power supply

Chairman Utilities Sub-Committee of Pakistan Hardware Merchant Association (PHMA) Asghar A. Morawala has taken a serious note on behalf of the members of PHMA on massive load shedding and frequent power breakdowns. He demanded uninterrupted power supply,

Published 29 Apr, 2007 12:00am

'Strengthen emergency medical services' introduced

Punjab Health Minister Chaudhry Muhammad Iqbal has said the government is promoting health sector on priority basis and a number of projects are being implemented for this purpose by the provincial government and the federal government is also executing v

Published 29 Apr, 2007 12:00am

Earthquakes, floods: 'permanent institutional framework needed'

A permanent institutional framework fully capable of undertaking operations at bigger level in case of emergencies like earthquakes and floods is needed at national level. This was view of speakers at three-day international conference on risk management,

Published 29 Apr, 2007 12:00am

Wasa to install new tubewells

City Nazim Lahore has said that the city government will install 10 new tubewells next month and by June 30, nine more tube-wells would be added to the existing number of 403 tubewells. He expressed these views while chairing a meeting to review the progr

Published 29 Apr, 2007 12:00am

Senate body slams Pakistan Embassy Spain's performance

The Senate Foreign Affairs Committee was displeased with the payment of Euro 20,380 by the Pakistan Embassy, Madrid to Spanish labour court for terminating the local staff.

Published 29 Apr, 2007 12:00am

Pakistan facing safety, health related challenges

Speakers at a seminar held in connection with "World Day for Safety and Health at Work" were of the unanimous view that Pakistan faced immense challenges in the fields of safety, health and environment at the workplaces and as a result of globalisation, t

Published 29 Apr, 2007 12:00am

Telenor introduces TV on mobile phones

Telenor Pakistan on Saturday introduced TV on mobile phones, which would enable customers to watch local and international channels on their handset. Chief Technical Officer Telenor Pakistan Peter Anthony Dindial while addressing a news conference said wi

Published 29 Apr, 2007 12:00am

Call for balance between business practices, community's interests

Dr Ijaz Shafi Gilani, head of social sciences faculty of the Islamic International University talked of the greed ruling the business magnates to the detriment of the communities at large. Chair of the Senate Foreign Relations Committee Mushahid Hussain S

Published 29 Apr, 2007 12:00am

Customs officer sacked

The Central Board of Revenue (CBR) has dismissed from services Syed Ejaz Hussain, a BS-20 officer of Customs and Excise Group, on the charges of corruption. According to a notification issued on Saturday, Ejaz was arrested in the Accountability Court, Lah

Published 29 Apr, 2007 12:00am

Dr Schafer calls on Soomro

Acting President Mohammedmian Soomro has praised Dr Michael Schafer and his Houston-based medical mission, 'House of Charity' for their initiative in providing free treatment to suffering humanity, and healing the wounds of children. Soomro said this to D

Published 29 Apr, 2007 12:00am

Officers with smuggling links to be identified

The Central Board of Revenue (CBR) is preparing a list of customs officials, who are involved in smuggling of goods in connivance with the organised gangs. It is learnt on Saturday that issue was discussed in the last collectors' conference to chalk out a

Published 29 Apr, 2007 12:00am

Qazi hits at government's policies

Qazi Hussain Ahmed, Chief of MMA has said that government was making an abortive attempt to hijack the opposition's drive for perpetuating its unlawful rule, but opposition would not let it stay in power. He was delivering his speech at Islamic lawyers' c

Published 29 Apr, 2007 12:00am

Jehangir Badr disallowed to leave country

The Pakistan Peoples Party (PPP) has denounced the regime for stopping PPP secretary general Jehangir Badr from proceeding abroad despite court permission. The PPP secretary general Jehangir Badr was scheduled to leave for Dubai on Saturday night and had

Published 29 Apr, 2007 12:00am

IBP conducting recruitment tests

The Institute of Bankers Pakistan (IBP), a strategic partner of banks and financial institutions, is conducting recruitment tests for 16 financial institutions in different parts of Pakistan to provide best human resource for the financial sector.

Published 29 Apr, 2007 12:00am

Japanese parliamentarians due on April 30

A three-member Japanese parliamentarian's team headed by Shin Sakurai, member of the House of Councillors (Upper House) will arrive here on Monday (April 30th) on a five-day study tour of Pakistan. The invitation was extended by the Acting President, Moha

Published 29 Apr, 2007 12:00am

Lawyers protest enter 42nd day

Saturday marked day 42 of the lawyers' ongoing token hunger strike and a court boycott that began after 10:30am to protest the suspension of the Chief Justice of Pakistan. Lawyers pitched hunger strike camps: two at High Court Multan Bench, District Bar A

Published 29 Apr, 2007 12:00am

Petition for interim government

A member of Lahore High Court Bar Association (LHCBA) has approached Lahore High Court with prayer to direct respondent federation of Pakistan to form an interim government headed by Chief Justice of Pakistan. The petitioner M D Tahir contended that the p

Published 29 Apr, 2007 12:00am

Lawyers protest continues

Lawyers' community continued strike against the suspension of Chief Justice of Pakistan and did not appear before the courts for one hour besides holding hunger strike camps. The office bearers and senior bar members sat in the camps and expressed their d

Published 29 Apr, 2007 12:00am

CJP to address Lahore Bar on May 5

President Lahore High Court Bar Association (LHCBA) has said that Chief Justice of Pakistan Iftikhar Muhammad Chaudhry will address the bar on May 5 and added that all the political parties, human rights organisations, labours, students, teachers and othe

Published 29 Apr, 2007 12:00am

Lawyers condemn arrest of Ali Kurd

Lawyer of Karachi Saturday strongly condemned the arrest of Ali Ahmed Kurd, Vice Chairman Pakistan Bar Council and termed it a dirty tactic to sabotage the ongoing lawyers' movement for independence of judiciary in the country.

Published 29 Apr, 2007 12:00am

Government fails to implement Consumer Protection Ordinance

Punjab government failed to implement the Consumer Protection Ordinance-2007, promulgated in February this year to ensure protection to the consumers' rights as it did not establish all the requisite institutions.

Published 29 Apr, 2007 12:00am

'No shortage of jute bags for wheat procurement'

Federal Minister for Food, Agriculture and Livestock, Sikandar Hayat Khan Bosan has said, there was no shortage of jute bags (Bardana) required for ongoing wheat procurement campaign. He said, under the special directives of Prime Minister Shaukat Aziz al

Published 29 Apr, 2007 12:00am

Punjab evolves strategy to promote higher education

Punjab Education Minister Mian Imran Masood has said that a strategy has been evolved for expanding and promotion of higher education facilities in Punjab.

Published 29 Apr, 2007 12:00am

Benazir will return by year-end

Former prime minister Benazir Bhutto will return to her homeland by the end of this year and hopes to hold office again, she said in a newspaper interview published on Saturday. Bhutto also confirmed that she had had "back-channel" contacts with the regim

Published 29 Apr, 2007 12:00am

Kurd's arrest condemned

Strongly condemning the arrest of Ali Ahmed Kurd, Vice Chairman of Pakistan Bar Council (PBC) and murder attempt on Ghulam Mustafa Kandowal, member of Rawalpindi Bar, the Islamabad Bar Association has formally passed a resolution.

Published 29 Apr, 2007 12:00am

Several measures taken to promote journalism: Elahi

Punjab Chief Minister Chaudhry Pervaiz Elahi speaking on the oath taking of Lahore Press Club newly elected body here on Saturday said that his family had played a role in support of journalist community which he was taking forward with similar zeal.

Published 29 Apr, 2007 12:00am

'Pakistan wants gradual return of Afghan refugees'

Prime Minister Shaukat Aziz on Saturday said Pakistan wants gradual return of Afghan refugees as agreed between Pakistan and Afghanistan and the process will be completed with the help of UNHCR.

Published 29 Apr, 2007 12:00am

Prime Minister visit to China termed a great success

Minister for Industries, Production and Special Initiatives Jahangir Khan Tareen has said that the recent visit of Prime Minister Shaukat Aziz to China has been a great success.

Published 29 Apr, 2007 12:00am

Islamic Calligraphic Art Gallery at SZIC

Punjab University Sheikh Zyed Islamic Centre (SZIC) has established a permanent Islamic Calligraphic Art Gallery of Saeed Ahmad Bodla's calligraphic works in which Surah Al-Muz-zammil has been written with 16 Islamic calligraphic designs on 30 panels.

Published 29 Apr, 2007 12:00am

Hottest day in Lahore

Provincial metropolis witnessed the hottest day of the on-going summer session on Saturday, where the mercury touched 43 degrees Celsius. According to a meteorological official, the hot weather was caused by warm and dry continental air that prevails over

Published 29 Apr, 2007 12:00am

UVAS celebrates World Veterinary Day

The faculty and the students of University of Veterinary and Animal Sciences (UVAS) Lahore observed World Veterinary Day on Saturday. The Vets Care Club of the university arranged a seminar in the university auditorium to mark the day.

Published 29 Apr, 2007 12:00am

Foreign scholars call on Punjab University vice chancellor

Scholars of Sri Lanka and Bangladesh called on vice-chancellor Punjab University Lieutenant General Arshad Mahmood (Retd) here on Saturday. The visiting dignitaries included Fowzia Firoze of Bangladesh and Dr Dobanadevi Rajendra and Professor I M Kamala L

Published 29 Apr, 2007 12:00am

Sindh University Arts Faculty Auditorium named after Shaikh Ayaz

Sindh University syndicate recognising valuable services rendered by Shaikh Ayaz as intellectual, writer, poet and former Vice Chancellor of the University, approved the naming of Arts Faculty Auditorium as "Shaikh Ayaz Auditorium" in its 160th meeting he

Published 29 Apr, 2007 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	155.61
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.27
Euro to USD / Nov 15	1.06

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,906.50
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,861.33
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,065.30
Dow Jones / Nov 15	43,602
Germany DAX 30 / Nov 15	19,211.48

Item	Value
Gold 10 Grams PKR / Nov 14	232,340
Crude Oil USD/Barrel / Nov 15	67.86
Karachi Cotton PKR/37.32 KG / Nov 15	18,085
Gold Spot USD/Ounce / Nov 15	2,567.71
Cotton US¢/pound / Nov 15	69.87
Petrol/Litre / Nov 16	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▼ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	61.35 ▼ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	114.03 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▼ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▲ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	61.35 ▲ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	114.03 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▲ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 16 Worldcall Telecom Limited(WTL)	177,393,273 ▲ 0.00
Hascol Petrol / Nov 16 Hascol Petroleum Limited(HASCOL)	59,224,094 ▲ 0.00
Treet Battery / Nov 16 Treet Battery Limited(TBL)	47,940,702 ▲ 0.00
Sui South Gas / Nov 16 Sui Southern Gas Company Limited(SSGC)	42,748,255 ▲ 0.00
Cnergyico PK / Nov 16 Cnergyico PK Limited(CNERGY)	32,665,062 ▲ 0.00
TPL Properties / Nov 16 TPL Properties Limited(TPLP)	30,497,881 ▲ 0.00
Treet Corp / Nov 16 Treet Corporation Limited(TREET)	29,734,104 ▲ 0.00
Telecard Limited / Nov 16 Telecard Limited(TELE)	29,162,423 ▲ 0.00
Pak Refinery / Nov 16 Pakistan Refinery Limited(PRL)	27,309,247 ▲ 0.00

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