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Print - 2007-05-10
Blair prepares to announce departure

Blair prepares to announce departure

Prime Minister Tony Blair is expected to announce his resignation Thursday after 10 years in power, paving the way for his long time ally-turned-foe Chancellor Gordon Brown to take office by July.
Published 10 May, 2007 12:00am
Three killed in attack on Indian newspaper

Three killed in attack on Indian newspaper

Three newspaper employees died on Wednesday when their office was set ablaze by supporters of a politician angered by a survey which showed his popularity was low, officials said.
Published 10 May, 2007 12:00am
Putin jabs at Estonia at WW2 parade

Putin jabs at Estonia at WW2 parade

Russian President Vladimir Putin made a thinly veiled attack on neighbouring Estonia on Wednesday during a parade on Red Square marking the anniversary of the World War Two victory over Nazi Germany.
Published 10 May, 2007 12:00am
US and Russian greenhouse gas emissions up, EU's dip

US and Russian greenhouse gas emissions up, EU's dip

US and Russian greenhouse gas emissions rose in 2005, more than cancelling out a dip in the European Union's emissions despite growing calls to limit global warming, official data shows.
Published 10 May, 2007 12:00am
Four US oil workers kidnapped in Nigeria

Four US oil workers kidnapped in Nigeria

Heavily armed gunmen kidnapped four US oil workers from a barge off the Nigerian coast on Wednesday as violence flared after disputed elections in the world's eighth largest oil exporter.
Published 10 May, 2007 12:00am
Somali forces ban, burn women's veils

Somali forces ban, burn women's veils

Somali security forces are seizing and even burning Muslim women's veils in Mogadishu to stop Islamist insurgents disguising themselves for attacks, authorities and witnesses said on Wednesday. The Western-backed government's crackdown on veils is a highl
Published 10 May, 2007 12:00am
Widow of London suicide bomber arrested

Widow of London suicide bomber arrested

British police arrested the widow of one of the London suicide bombers of July 7, 2005, along with three other suspects on Wednesday, a source familiar with the operation said. A police statement said a 29-year-old woman and three men were detained in ear
Published 10 May, 2007 12:00am
Iran may face harsher UN sanctions in June: US

Iran may face harsher UN sanctions in June: US

Iran will face further sanctions in June if it continues to defy UN demands that it stop uranium enrichment work, a senior US official said on Wednesday. Iran has repeatedly stated it would not give up its nuclear fuel programme which it says is aimed onl
Published 10 May, 2007 12:00am
Sterling rises against majors

Sterling rises against majors

Sterling hit a one-week high against a basket of currencies on Wednesday, a day before the Bank of England is widely expected to raise UK interest rates, taking them to the highest level among the G7 countries.
Published 10 May, 2007 12:00am
Dollar steadies in London

Dollar steadies in London

The dollar held steady against major currencies on Wednesday as investors awaited the Federal Reserve's monetary policy decision for any signals to back up market expectations for an interest rate cut later in the year.
Published 10 May, 2007 12:00am
Indian rupee springs back

Indian rupee springs back

The Indian rupee eased from this week's nine-year high on Wednesday, as investors pared positions in the local currency after a cabinet minister expressed concern that a rising rupee was denting export growth.
Published 10 May, 2007 12:00am
US Stocks: Wednesday's early afternoon trade

US Stocks: Wednesday's early afternoon trade

US blue chip stocks rose on Wednesday as optimism about possible take-overs and a drop in oil prices tempered caution ahead of the Federal Reserve's interest-rate decision. The Fed's policy statement, expected at 2:15 pm (1815 GMT), may provide clues abou
Published 10 May, 2007 12:00am
Bonds: Boots, Wind and ProSieben rally

Bonds: Boots, Wind and ProSieben rally

Spreads on some of the more volatile and highly leveraged companies in the European credit market tightened on Wednesday, with Alliance Boots, Wind and ProSiebenSat.1 leading the way.
Published 10 May, 2007 12:00am
Bonds: Boots, Wind and ProSieben rally

Bonds: Boots, Wind and ProSieben rally

Spreads on some of the more volatile and highly leveraged companies in the European credit market tightened on Wednesday, with Alliance Boots, Wind and ProSiebenSat.1 leading the way.
Published 10 May, 2007 12:00am
Seoul shares at record high

Seoul shares at record high

Seoul shares hit their fourth consecutive record on Wednesday, and are on the cusp of breaking the 1,600 point-level, after retailers such as Lotte Shopping gained on optimism about a recovery in domestic consumption.
Published 10 May, 2007 12:00am
Britain's top share index flat

Britain's top share index flat

The FTSE 100 of Britain's leading shares ended flat on Wednesday as Rio Tinto topped the gainers on bid talk but nerves ahead of rate decisions in the United States and Europe left the market subdued.
Published 10 May, 2007 12:00am
German biodiesel output down on taxes

German biodiesel output down on taxes

Germany's biodiesel industry is working at around 50 percent capacity, about 10 percent less than in April as taxes on biofuels hit sales, the head of renewable fuels industry association BBK said on Wednesday.
Published 10 May, 2007 12:00am
Scrap and waste metals tempt hedge fund

Scrap and waste metals tempt hedge fund

A hedge fund firm has bought $3.4 million of scrap and waste for a company that will extract strategic and base metals for resale in a deal that could lead to a private equity investment.
Published 10 May, 2007 12:00am
Scrap and waste metals tempt hedge fund

Scrap and waste metals tempt hedge fund

A hedge fund firm has bought $3.4 million of scrap and waste for a company that will extract strategic and base metals for resale in a deal that could lead to a private equity investment.
Published 10 May, 2007 12:00am
Oil falls after big rise in US crude stocks

Oil falls after big rise in US crude stocks

Oil fell on Wednesday as a hefty rise in crude stocks in the United States countered concerns of a supply shortfall in the world's top consumer. London Brent crude, currently seen as more representative of the global market than US prices, settled down 34
Published 10 May, 2007 12:00am
Ghana's Afrotropic eyes cocoa expansion

Ghana's Afrotropic eyes cocoa expansion

Family-owned Afrotropic Cocoa Processing is set to triple capacity to 45,000 tonnes at its factory in Ghana, the world's no.2 cocoa producer, by October 2008, managing director Carlo Dagnino Monta said on Tuesday.
Published 10 May, 2007 12:00am
New York cotton futures slightly higher

New York cotton futures slightly higher

Cotton futures finished slightly higher on Wednesday with some early buying that was followed by sellers taking profits, but traders said they thought most of the market was sidelined ahead of two key USDA reports later this week.
Published 10 May, 2007 12:00am
Biofuels risk seen for Europe's food prices

Biofuels risk seen for Europe's food prices

The French may soon be paying more for their baguettes, the Italians for pasta and British for their beef as biofuel demand for crops cuts the land available to stock Europe's larder, analysts said on Wednesday.
Published 10 May, 2007 12:00am
LME nickel hits new high

LME nickel hits new high

Nickel hit a new high on the London Metal Exchange on Wednesday but drifted lower later in the day, along with other base metals on profit-taking ahead of today's US Federal Reserve meeting, traders and analysts said.
Published 10 May, 2007 12:00am
London gold weakens

London gold weakens

Gold inched lower on Wednesday ahead of the US Federal Reserve meeting, with investors looking for clues to the dollar's direction, which may influence precious metals prices.
Published 10 May, 2007 12:00am
US MIDDAY: corn eases

US MIDDAY: corn eases

Corn futures at the Chicago Board of Trade were weak early on Wednesday on good planting weather in the United States, traders said. At 10:28 am CDT (1528 GMT), CBOT corn was down 2-1/2 cents per bushel to up 1-1/4, with May down 1-3/4 at $3.52 per bushel
Published 10 May, 2007 12:00am
US MIDDAY: wheat higher

US MIDDAY: wheat higher

Soft red winter wheat futures at the Chicago Board of Trade were higher at midsession on Wednesday in a light bounce after Tuesday's drop to 3-1/2 week lows, traders said.
Published 10 May, 2007 12:00am
US MIDDAY: soya rallies

US MIDDAY: soya rallies

Soyabean futures at the Chicago Board of Trade rallied early on Wednesday with the market recovering from the declines on Tuesday, traders said.
Published 10 May, 2007 12:00am
US MIDDAY: copper slips

US MIDDAY: copper slips

US copper futures tumbled on Wednesday in a technical sell off, but traders thought the red metal was merely expanding its range as it continues to consolidate its recent run to a one-year high.
Published 10 May, 2007 12:00am
US MIDDAY: gold declines

US MIDDAY: gold declines

US gold futures fell in quiet trading early on Wednesday on profit taking and weaker copper prices as investors were largely on the sidelines ahead of Federal Reserve's afternoon decision on interest rates.
Published 10 May, 2007 12:00am
Lecture on role of religion in EU today

Lecture on role of religion in EU today

The Area Study Centre, University of Karachi, will be organising a lecture on the "Role of religion in public in the European Union countries," on Thursday (May 10). German Consul General Hans Joachim Kiderlen will deliver a lecture on the subject.
Published 10 May, 2007 12:00am
Al-Abbas Sugar Mills ratings maintained

Al-Abbas Sugar Mills ratings maintained

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term entity ratings of Al-Abbas Sugar Mills Limited (AASML) at "A" (Single A) and "A1" (A One) respectively. These ratings are applicable to the senior unsecured creditors of
Published 10 May, 2007 12:00am
Al-Abbas Sugar Mills ratings maintained

Al-Abbas Sugar Mills ratings maintained

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term entity ratings of Al-Abbas Sugar Mills Limited (AASML) at "A" (Single A) and "A1" (A One) respectively. These ratings are applicable to the senior unsecured creditors of
Published 10 May, 2007 12:00am
AQ Khalil nominated on KPT board

AQ Khalil nominated on KPT board

The Federal Ministry of Ports and Shipping has notified former President of Karachi Chamber of Commerce and Industry (KCCI) A. Q. Khalil on the Board of Trustees of Karachi Port Trust (KPT). According to the official notification of the Ministry, he has b
Published 10 May, 2007 12:00am
Naseem named cotton, textile body's vice chairman

Naseem named cotton, textile body's vice chairman

Chairman of the Federation of Pakistan Chamber of Commerce & Industries Tanveer Ahmed Sheikh has nominated Muhammad Naseem Usman Osawala as Vice Chairman of the "Standing Committee of Cotton & Textile Matters" (SCCTM). Muhammad Naseem Usman Osawala has ne
Published 10 May, 2007 12:00am
Malir town to have new passport office branch

Malir town to have new passport office branch

Malir Town Nazim Ansar Ahmed Sheikh has said that a branch of passport office in Malir town would start functioning by June 1. In this regard, space for office has already been given to the authorities of passport cell, he said.
Published 10 May, 2007 12:00am
Accountants moot from May 29

Accountants moot from May 29

An international conference on value creation through professional accountants in business will be held in the metropolis from May 29.
Published 10 May, 2007 12:00am
Hoax call creates panic in SHC

Hoax call creates panic in SHC

The Sindh High Court (SHC) building was evacuated because of a hoax call that a bomb was planted in the premises of the court. However, no bomb was found when a team of bomb disposal squad reached at the spot and searched the entire SHC building.
Published 10 May, 2007 12:00am
PAF drive against bird menace

PAF drive against bird menace

Pakistan Air Force (PAF) has launched a campaign to fight the "bird menace." A briefing for the media was held at the Headquarters, Southern Air Command, PAF, here on Wednesday. Expressing his views on the occasion, Air Officer Commanding, Southern Air Co
Published 10 May, 2007 12:00am
Public awareness campaign to check cell phone towers hazards

Public awareness campaign to check cell phone towers hazards

Pakistan Telecommunication Authority (PTA) will launch public awareness campaign to implement policy to check mobile phone towers hazards in true spirit and address public concerns. The government has already unveiled the policy to check health-related ef
Published 10 May, 2007 12:00am
Switzerland donates $1.6 million for quake relief

Switzerland donates $1.6 million for quake relief

Switzerland will provide $1.6 million to support ERRA's Private Rural housing reconstruction programme in the earthquake affected areas of NWFP. An agreement to this effect was signed between the Deputy Chairman ERRA Nadeem Ahmad and the Swiss Ambassador
Published 10 May, 2007 12:00am
Energy crisis

Energy crisis

I would like to draw attention on the "Energy Crisis" of our country. The country is going through another phase of energy crisis, brought upon ourselves by greedy bankers who are only interested in earning interests by loaning money and making the majori
Published 10 May, 2007 12:00am
Welcome to PIA, Zaffar

Welcome to PIA, Zaffar

Zaffar Ahmed Khan, new CEO of PIA, has inherited an airline with liabilities far more than assets, a set of executives which are part of the team that has driven the airline into the red, a partial ban on over 30 aircraft operating in Europe and schedules
Published 10 May, 2007 12:00am
Debt, home repossessions portent for Australia poll

Debt, home repossessions portent for Australia poll

Soaring home repossessions in working class suburbs of Sydney and Melbourne, where elections are won and lost in Australia, may be a dark portent for Prime Minister John Howard as he gears up for a 2007 poll.
Published 10 May, 2007 12:00am
Indirect tax policy principles

Indirect tax policy principles

When I use the word indirect taxation, I would mean to include sales tax (Federal and Provincial), excise tax and custom duty broadly speaking and in one sense can be effectively categorised as consumption taxes. Consumption taxes have grown to be a major
Published 10 May, 2007 12:00am
Before the Full Court

Before the Full Court

Chief Justice Iftikhar Muhammad Chaudhry's petition to the Supreme Court against the constitutionality of the Supreme Judicial Council to hear the presidential reference against him, will now be heard by a Full Court of the apex court from May 14 on day t
Published 10 May, 2007 12:00am
Causes of decline in exports

Causes of decline in exports

The Ministry of Commerce, in an analytical study presented to Prime Minister Shaukat Aziz, has catalogued major factors that have contributed to a sharp downslide in Pakistan's export performance. The two primary causes listed in the ministry's report whi
Published 10 May, 2007 12:00am
Uzbek team meets minister

Uzbek team meets minister

Provincial Minister for Industries, Muhammad Ajmal Cheema has said that the investors of Pakistan and Uzbekistan would start joint venture in leather sector investment and the volume of trade between two countries would be enhanced in all sectors of the e
Published 10 May, 2007 12:00am
Shah Jewna urs celebrations

Shah Jewna urs celebrations

The concluding ceremony of Urs of 17th century saint Hazrat Shah Jewna is being held on Thursday, 10tth May, some 20-km from Jhang. Zaireen, Mushaikh, religious and spiritual scholars will meet Sajjada Nasheen of Darbar Hazrat Shah Jewna, Makhdoom Syed Fa
Published 10 May, 2007 12:00am
Comments on T+3 cycle invited

Comments on T+3 cycle invited

The Karachi Stock Exchange (KSE) has asked all the members to give comments on the change of the settlement cycle from T+3 to T+2 latest by May 12, 2007.
Published 10 May, 2007 12:00am
Afghan and Turkish tribal rugs exposition at French Centre

Afghan and Turkish tribal rugs exposition at French Centre

The Alliance Francaise, the French Cultural Centre, will hold an exhibition of Afghan and Turkish tribal kilims (rugs) at its premises on Thursday evening. The rugs are fascinating stuff woven in natural dyes and colours made from vegetable and fruit extr
Published 10 May, 2007 12:00am
'Political parties to welcome CJP in Sindh'

'Political parties to welcome CJP in Sindh'

Muttahida Majlis-e-Amal (MMA) leader Liaquat Baloch has said that all political parties will welcome Chief Justice of Pakistan (CJP) Justice Iftikhar Muhammad Chaudhry in Sindh on May 12.
Published 10 May, 2007 12:00am
Multan achieves 69 percent wheat buying target

Multan achieves 69 percent wheat buying target

Multan has so far purchased 424,757 tons of wheat, achieving 69 percent of the target. This was revealed by Deputy Director for Punjab Food Department Nasrullah Khan Leghari while talking to APP here on Wednesday. He said a total of 0.615 million tons of
Published 10 May, 2007 12:00am
Passco procures 813,000 tonnes wheat

Passco procures 813,000 tonnes wheat

Pakistan Agricultural Storage and Services Corporation Limited (Passco) has so far procured 813,000 tonnes of wheat, about 62.54 percent of the allocated target of 1.3 million tonnes. According to a spokesman of Passco here on Wednesday, wheat procurement
Published 10 May, 2007 12:00am
Security wall around Okara cantonment to be built

Security wall around Okara cantonment to be built

A decision has been taken to construct a security wall around Okara cantonment after consulting all the representatives of the nearby villages, says an ISPR release issued here on Wednesday.
Published 10 May, 2007 12:00am
India urged to withdraw troops from IoK

India urged to withdraw troops from IoK

Former AJK Prime Minister Barrister Sultan Mahmood has urged New Delhi to start withdrawing troops from cities of the Indian Occupied Kashmir to provide relief to the Kashmiri people.
Published 10 May, 2007 12:00am
Army engineers busy in development work in Fata

Army engineers busy in development work in Fata

The engineers of Pakistan Army are busy in carrying out unprecedented development work in Federally Administered Tribal Area (Fata) to improve living standard of tribal people and bring the area at par with the developed areas of the country. Efforts of A
Published 10 May, 2007 12:00am
Businessmen asked to close shops at 8pm

Businessmen asked to close shops at 8pm

City District Government Rawalpindi has stressed on the city business community to close their business centres and markets at 8 pm to overcome prevailing power shortage in the country. Talking to a delegation of businessmen and traders here District Nazi
Published 10 May, 2007 12:00am
Pakistan and China for long-term sustainable relationship

Pakistan and China for long-term sustainable relationship

Pakistan and China have underlined the need for long-term sustainable relationship in the areas of trade, economy and particularly defence. This was discussed in a meeting between Federal Minister for Defence Production, Habibullah Warraich and the Chines
Published 10 May, 2007 12:00am
PBC condemns sealing of SCBA president office

PBC condemns sealing of SCBA president office

Pakistan Bar Council on Wednesday condemned the sealing of the office of Muneer A. Malik President, Supreme Court Bar Association in Karachi by the Karachi Building Control Authority.
Published 10 May, 2007 12:00am
Pak-Afghan media links to help grow bilateral ties: Durrani

Pak-Afghan media links to help grow bilateral ties: Durrani

Federal Minister for Information and Broadcasting Senator Muhammad Ali Durrani has said that strong Pak-Afghan media links would further strengthen bilateral ties and enhance people-to-people contacts. Talking to Ehsanullah Arianzai, Chief Executive of Ar
Published 10 May, 2007 12:00am
Cabinet approves strategy for Afghan DPs repatriation

Cabinet approves strategy for Afghan DPs repatriation

The federal cabinet on Wednesday approved a strategy for repatriation of Afghan refugees under a three-year phased programme. The repatriation process is being implemented with the concurrence of the Afghan President Hamid Karzai which was announced durin
Published 10 May, 2007 12:00am
Cabinet approves strategy for Afghan DPs repatriation

Cabinet approves strategy for Afghan DPs repatriation

The federal cabinet on Wednesday approved a strategy for repatriation of Afghan refugees under a three-year phased programme. The repatriation process is being implemented with the concurrence of the Afghan President Hamid Karzai which was announced durin
Published 10 May, 2007 12:00am
Strategy prepared for private sector's development

Strategy prepared for private sector's development

Federal government has prepared a new strategy for the development and enhancing role of the private sector and decided lowering the barriers to development of small and medium enterprises. According to official sources, the private sector will play an in
Published 10 May, 2007 12:00am
Accountability Bureau returns recovered money to post master

Accountability Bureau returns recovered money to post master

Chairman, AJK Accountability Bureau Major General Tariq Bashir (Retd) here on Wednesday handed over a cheque of Rs 8,64,000 to Rana Sultan, Post Master General Northern Areas and AJK, says an official press release issued by the AJK Ehtesab Bureau.
Published 10 May, 2007 12:00am
'New Punjab budget to focus on poverty alleviation'

'New Punjab budget to focus on poverty alleviation'

The new fiscal budget of Punjab (2007-08) will be people-friendly with special focus on poverty alleviation and employment opportunities. This was stated by Chairman of Punjab NA Standing Committee for Finance, Chaudhry Sibghatullah while talking to newsm
Published 10 May, 2007 12:00am
Pesco unveils loadshedding schedule

Pesco unveils loadshedding schedule

Peshawar Electricity Supply Company (Pesco) is likely to observe three hours loadshedding in 24 hours to cope with the prevailing energy shortage in the country. According to load management schedule announced by the company, it will be consisted of 1 to
Published 10 May, 2007 12:00am
Steps taken to enhance IT education

Steps taken to enhance IT education

The Punjab University has taken steps to enhance the quality of IT education and the graduates of IT of PU are proving very competitive in the sector at all levels. This was stated by Vice-Chancellor Punjab University Arshad Mahm-ood while awarding cash p
Published 10 May, 2007 12:00am
Allotment of plots: Interior Division clarifies

Allotment of plots: Interior Division clarifies

A spokesman of the Interior Division has strongly rebutted a report appearing in the Business Recorder, which inaccurately reflected the situation regarding allotment of plots. The allegations he said, in the report are totally baseless.
Published 10 May, 2007 12:00am
Pervaiz enquires after Rao's health

Pervaiz enquires after Rao's health

Punjab Chief Minister, Chaudhry Pervaiz Elahi, on Wednesday went to see Defence Minister, Rao Sikandar Iqbal, here at the Punjab Institute of Cardiology (PIC). The Chief Minister remained with Rao Sikandar Iqbal for sometime and prayed for his early recov
Published 10 May, 2007 12:00am
CDWP approves Rs 109.815 million dairy uplift project

CDWP approves Rs 109.815 million dairy uplift project

The Central Development Working Party (CDWP) of the federal government in its recent meeting in Islamabad had approved a development project of Rs 109.815 million of the University of Veterinary and Animal Sciences (UVAS) Lahore.
Published 10 May, 2007 12:00am
Trust schools expand operation

Trust schools expand operation

Classes of grade IV will be initiated this year in all 12 schools of "Taleem for All Trust". Chairman of the Trust, pop singer Jawad Ahmed, said that he himself established first 10 schools of this project four years back at Chunian, district Kasur.
Published 10 May, 2007 12:00am
Bangladesh universities' team visits GCU

Bangladesh universities' team visits GCU

A delegation comprising academic staff of various departments from different universities of Bangladesh, led by vice-chancellor University of Chittagong, M Badiul Islam, on Wednesday visited GC University Lahore and called on its vice-chancellor Professor
Published 10 May, 2007 12:00am
Zakat council meeting today

Zakat council meeting today

The 2nd meeting of recently reconstituted provincial Zakat Council (PZC) is being held in the office of Chairman Zakat Council here on Thursday, May 10.
Published 10 May, 2007 12:00am
Pre-budget seminar in ICMAP

Pre-budget seminar in ICMAP

Punjab Minister for Finance Hasnain Bahadar Dareshak has said that the government is alive to the deteriorating state of affairs and is in the process of taking a number of measures to put our financial and fiscal house in order.
Published 10 May, 2007 12:00am
Pre-budget seminar in ICMAP

Pre-budget seminar in ICMAP

Punjab Minister for Finance Hasnain Bahadar Dareshak has said that the government is alive to the deteriorating state of affairs and is in the process of taking a number of measures to put our financial and fiscal house in order.
Published 10 May, 2007 12:00am
PIC to get Rs 150 million in budget, assures Pervaiz

PIC to get Rs 150 million in budget, assures Pervaiz

Modern health facilities are being extended to the people under a 'revolutionary strategy' and all basic health centers have been made functional besides availability of doctors and medicines has been ensured under Health Sector Reforms Programme (HSRP).
Published 10 May, 2007 12:00am
PIC to get Rs 150 million in budget, assures Pervaiz

PIC to get Rs 150 million in budget, assures Pervaiz

Modern health facilities are being extended to the people under a 'revolutionary strategy' and all basic health centers have been made functional besides availability of doctors and medicines has been ensured under Health Sector Reforms Programme (HSRP).
Published 10 May, 2007 12:00am
Banks advised to finance CNG rickshaws, buses scheme

Banks advised to finance CNG rickshaws, buses scheme

Banks have been asked to issue maximum loans under the uplift schemes introduced by the Punjab government, especially loans to promote environment-friendly public transport on the roads, like CNG rickshaws and buses.
Published 10 May, 2007 12:00am
Football team returns today

Football team returns today

Pakistan under-13 football team is returning home on Thursday (today), May 10, after participating in the AFC U-13 Festival of Football at Dhaka, Bangladesh. According to a spokesman of Pakistan Football Federation (PFF), the team will be accorded warm we
Published 10 May, 2007 12:00am
Government asked to save small farmers from middleman

Government asked to save small farmers from middleman

The government should save small farmers from tentacles of the middleman and ensure them timely procurement of their wheat at the official support price. This was demanded by the Sustainable Action Group (Saag) and Pakistan Kissan Ittehad (PKI) at a press
Published 10 May, 2007 12:00am
Livestock share in agriculture GDP up by 24.2 percent

Livestock share in agriculture GDP up by 24.2 percent

According to the census of 2006, the share of livestock in agriculture GDP has increased by 24.2 percentage point as compared to livestock census of 1996, Federal Minister of Food, Agriculture and Livestock, Sikandar Hayat Khan Bosan, said in a press conf
Published 10 May, 2007 12:00am
The Weather

The Weather

The weather report on Wednesday (May 09, 2007) and the forecast for Thursday (May 10, 2007).
Published 10 May, 2007 12:00am
UET to computerise all functions of university campus

UET to computerise all functions of university campus

NWFP UET Peshawar has been selected through out the country to computerise all the functions of university campus in collaboration with Oracle. This was stated by Vice-Chancellor NWFP UET Engr Syed Imtiaz Hussain Gilani while inaugurating the newly establ
Published 10 May, 2007 12:00am
New York cotton

New York cotton

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

Published 10 May, 2007 12:00am
New York cotton

New York cotton

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

Published 10 May, 2007 12:00am
Pacra assigns entity ratings to TRG Limited

Pacra assigns entity ratings to TRG Limited

The Pakistan Credit Rating Agency (Pacra) has assigned a long-term entity rating of "BBB+" (Triple B plus) and short-term rating of "A2" (A two) to TRG Pakistan Limited (TRG). The ratings denote low expectation of credit risk and adequate capacity for tim
Published 10 May, 2007 12:00am
Bullion Rates

Bullion Rates

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

Published 10 May, 2007 12:00am
Pacra assigns entity ratings to TRG Limited

Pacra assigns entity ratings to TRG Limited

The Pakistan Credit Rating Agency (Pacra) has assigned a long-term entity rating of "BBB+" (Triple B plus) and short-term rating of "A2" (A two) to TRG Pakistan Limited (TRG). The ratings denote low expectation of credit risk and adequate capacity for tim
Published 10 May, 2007 12:00am
Bullion Rates

Bullion Rates

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

Published 10 May, 2007 12:00am
Government determined to facilitate power consumers: Jatoi

Government determined to facilitate power consumers: Jatoi

Federal Minister for Water and Power, Liaquat Ali Jatoi has said the present government is fully determined to facilitate power consumers at all cost and directed Wapda to solve their genuine problems on top priority basis.
Published 10 May, 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 10 May, 2007 12:00am
Czech Prime Minister hails Pakistan's role for regional peace

Czech Prime Minister hails Pakistan's role for regional peace

The Prime Minister of the Czech Republic Mirek Topolanek called on the President here on Wednesday. The President also hosted a lunch in honour of the Czech Prime Minister. The Czech Prime Minister held wide ranging discussions with the President of Pakis
Published 10 May, 2007 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, May 10, 2007.

Published 10 May, 2007 12:00am
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