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Print - 2007-05-12
Professor Zaheer declared best Persian language poet

Professor Zaheer declared best Persian language poet

The government of Iran in a letter has declared the GCU Registrar Professor Dr Zaheer Ahmed Siddiqui as the world best poet of the Persian language. The Persian poetry contest was held in Sheraz, Isfahan & Mashhad, which concluded in Tehran under the titl
Published 12 May, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (May 11, 2007).

Published 12 May, 2007 12:00am
Pakistani students secure second position in Nasa's essay contest

Pakistani students secure second position in Nasa's essay contest

A bunch of brilliant Pakistani students has secured second position in National Aeronautics and Space Administration (Nasa)'s international high school team essay contest to describe "Air Transportation in 2057." The talented Pakistani students hail from
Published 12 May, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (May 11, 2007).

Published 12 May, 2007 12:00am
All schools and colleges closed today

All schools and colleges closed today

All educational institutions in Karachi will remain closed on Saturday. According to an announcement received here on Friday, Sindh Governor Dr Ishratul Ibad Khan declared holiday for all public and private educational institutions, including universities
Published 12 May, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (May 11, 2007).

Published 12 May, 2007 12:00am
Karachi University exams postponed

Karachi University exams postponed

The University of Karachi has postponed all morning and evening shift examinations, which were to be held on Saturday, May 12, 2007. Due to unavoidable situation in the Metropolis and considering inconvenience to students, the University has decided not t
Published 12 May, 2007 12:00am
Examinations postponed

Examinations postponed

The Federal Board of Intermediate and Secondary Education has announced postponement of HSSC English Paper-II and SSC Physics Practical examinations scheduled on Saturday May 12 in Karachi and Islamabad.
Published 12 May, 2007 12:00am
Punjab University and SNGPL sign MoU

Punjab University and SNGPL sign MoU

A chair on Gas Engineering at University of the Punjab has been sponsored by Sui Northern Gas Pipelines Ltd (SNGPL). A memorandum of understanding (MoU) for the chair was signed between Punjab University and SNGPL in a ceremony held on Friday.
Published 12 May, 2007 12:00am
Eni profits slip on Venezuela factor

Eni profits slip on Venezuela factor

Eni posted a 9.3 percent quarterly profit drop as Venezuelan oilfield nationalisation outweighed a strong gas and power performance, but the result topped forecasts and the Italian firm hiked its output target.
Published 12 May, 2007 12:00am
Eni profits slip on Venezuela factor

Eni profits slip on Venezuela factor

Eni posted a 9.3 percent quarterly profit drop as Venezuelan oilfield nationalisation outweighed a strong gas and power performance, but the result topped forecasts and the Italian firm hiked its output target.
Published 12 May, 2007 12:00am
MMA urges Karachiites to give Chief Justice historic reception

MMA urges Karachiites to give Chief Justice historic reception

Muttahida Majlis-i-Amal chief and Ameer Jamaat-i-Islami Qazi Hussain Ahmed and the opposition leader in the National Assembly Maulana Fazal-ur-Rehman appealed to Karachiites to declare indifference to anti-nation and anti-Islam acts of rulers by according
Published 12 May, 2007 12:00am
Government under fire in National Assembly over frequent loadshedding

Government under fire in National Assembly over frequent loadshedding

The ongoing countrywide loadshedding echoed in the National Assembly on Friday when the opposition feared that power crisis could cripple the country's economy. Water and Power Minister Liaquat Jatoi faced scathing criticism from the opposition over what
Published 12 May, 2007 12:00am
Bad governance responsible for power crisis: PPP

Bad governance responsible for power crisis: PPP

Expressing deep concern over the looming power crisis in the country, Pakistan Peoples Party on Friday alleged that it was due to corruption, neglect and mis-governance in the power sector and asked the regime to address it urgently.
Published 12 May, 2007 12:00am
Musharraf asked to hand over power to CJP

Musharraf asked to hand over power to CJP

Addressing a press here on Friday, Air Marshal M Asghar Khan, Rahbar Tehrik-i-Istaqlal said that the only solution to the present crisis is that President Pervez Musharraf should hand over the power to chief justice Iftikhar Muhammad Chaudhry who should h
Published 12 May, 2007 12:00am
MMA flays crackdown on opposition activists

MMA flays crackdown on opposition activists

Muttahida Majlis Amal Sindh chief MNA Maulana Asadullah Bhutto criticised the arrests and raids on leaders and workers of the opposition parties and termed it blatant violation of human rights that showed government's nervousness.
Published 12 May, 2007 12:00am
'Strike against loadshedding successful'

'Strike against loadshedding successful'

Pasban Pakistan claimed successful strike on Friday against major civic issues of load shedding and street crimes, without any incident of firing or torching of vehicles in Karachi.
Published 12 May, 2007 12:00am
Government would be responsible for any mishap: PML-N

Government would be responsible for any mishap: PML-N

Ruling party and their allies would be responsible if any mishap happened on May 12, Secretary General Pakistan Muslim League-N Iqbal Zafar Jhagra warned. Addressing press conference at Karachi Press Club on Friday evening, Jhagra said rulers want confron
Published 12 May, 2007 12:00am
Open-access online portal to be set up

Open-access online portal to be set up

Under Digital Library Programme of Higher Education Commission (HEC), an open-access online portal will be established through which all journals published in Pakistan will be made available for world-wide electronic access.
Published 12 May, 2007 12:00am
SSUET signs MoU with UK University

SSUET signs MoU with UK University

Sir Syed University of Engineering and Technology (SSUET) and Coventry University, UK, have signed a memorandum of understanding (MoU) for future collaboration between the two in BS and MS programmes of Civil engineering.
Published 12 May, 2007 12:00am
Values remain range-bound on LSE

Values remain range-bound on LSE

Share values remained range-bound on Lahore Stock Exchange (LSE) on Friday, the last trading day of the week, due to lack of interest from investors who stayed at a distance fearing law and order problems on the occasion of CJ's address to Sindh High Cour
Published 12 May, 2007 12:00am
CBR to raid smuggled goods warehouses

CBR to raid smuggled goods warehouses

The Central Board of Revenue (CBR) has decided to raid the warehouses containing smuggled goods on receiving credible information. According to the instructions issued to the Directorate General, Intelligence and Investigation and collectors of customs, c
Published 12 May, 2007 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (May 11, 2007).

Published 12 May, 2007 12:00am
Musharraf opens new air terminal at Sui

Musharraf opens new air terminal at Sui

President General Pervez Musharraf inaugurated a new terminal at the Sui Airport built by Pakistan Petroleum Limited (PPL) at a cost of nearly Rs 20 million. The simple inauguration ceremony was held on Thursday, when President Musharraf arrived in Sui on
Published 12 May, 2007 12:00am
Mixed trend prevails on ISE

Mixed trend prevails on ISE

Mixed trend was observed at the Islamabad Stock Exchange (ISE) where bulls and bears had a close fight under the lead of hot favourite amid decrease in index. ISE Ten Index showed a decrease of 1.20 points as the index moved from 2,589.73 to 2,588.53 poin
Published 12 May, 2007 12:00am
Mixed trend prevails on ISE

Mixed trend prevails on ISE

Mixed trend was observed at the Islamabad Stock Exchange (ISE) where bulls and bears had a close fight under the lead of hot favourite amid decrease in index. ISE Ten Index showed a decrease of 1.20 points as the index moved from 2,589.73 to 2,588.53 poin
Published 12 May, 2007 12:00am
Values remain range-bound on LSE

Values remain range-bound on LSE

Share values remained range-bound on Lahore Stock Exchange (LSE) on Friday, the last trading day of the week, due to lack of interest from investors who stayed at a distance fearing law and order problems on the occasion of CJ's address to Sindh High Cour
Published 12 May, 2007 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (May 11, 2007).

Published 12 May, 2007 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (May 11, 2007).

Published 12 May, 2007 12:00am
SPI up 8.19 percent

SPI up 8.19 percent

The Federal Bureau of Statistics has reported upsurge in kitchen items and fruit prices as the Sensitive Price Indicator (SPI) for the week ending May 10 was 8.19 percent higher as compared to the corresponding week of last year.
Published 12 May, 2007 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (May 11, 2007).

Published 12 May, 2007 12:00am
SPI up 8.19 percent

SPI up 8.19 percent

The Federal Bureau of Statistics has reported upsurge in kitchen items and fruit prices as the Sensitive Price Indicator (SPI) for the week ending May 10 was 8.19 percent higher as compared to the corresponding week of last year.
Published 12 May, 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 12 May, 2007 12:00am
SPI up 8.19 percent

SPI up 8.19 percent

The Federal Bureau of Statistics has reported upsurge in kitchen items and fruit prices as the Sensitive Price Indicator (SPI) for the week ending May 10 was 8.19 percent higher as compared to the corresponding week of last year.
Published 12 May, 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 12 May, 2007 12:00am
BRIndex30 gains 51.65 points

BRIndex30 gains 51.65 points

On Friday, the BRIndex30 opened in the negative zone, at 13,417.16, but soon went to positive zone, and remained there for the rest of the trading time, closing at 13,512.43, registering a positive change of 51.65 points and percentage change of 0.38 with
Published 12 May, 2007 12:00am
Antiquity Act discourages sporting arms export

Antiquity Act discourages sporting arms export

Antiquity Act 1975 is discouraging national export of old hunting, sporting arms and replicas of qualified old weapons and arms depriving the country of a handsome amount of foreign exchange.
Published 12 May, 2007 12:00am
Antiquity Act discourages sporting arms export

Antiquity Act discourages sporting arms export

Antiquity Act 1975 is discouraging national export of old hunting, sporting arms and replicas of qualified old weapons and arms depriving the country of a handsome amount of foreign exchange.
Published 12 May, 2007 12:00am
Antiquity Act discourages sporting arms export

Antiquity Act discourages sporting arms export

Antiquity Act 1975 is discouraging national export of old hunting, sporting arms and replicas of qualified old weapons and arms depriving the country of a handsome amount of foreign exchange.
Published 12 May, 2007 12:00am
PSMA meeting today

PSMA meeting today

Pakistan Sugar Mills Association (PSMA), Punjab Zone, is holding general body meeting on Saturday. The meeting, besides discussing the crisis like situation in the industry, would finalise budget proposals for the federal government.
Published 12 May, 2007 12:00am
BRIndex30 gains 51.65 points

BRIndex30 gains 51.65 points

On Friday, the BRIndex30 opened in the negative zone, at 13,417.16, but soon went to positive zone, and remained there for the rest of the trading time, closing at 13,512.43, registering a positive change of 51.65 points and percentage change of 0.38 with
Published 12 May, 2007 12:00am
World Bank informed of auditors'' shortage

World Bank informed of auditors'' shortage

The Central Board of Revenue (CBR) has informed the World Bank (WB) that there is a shortage of trained auditors in the field formations, as they mostly prefer postings at the Regional Tax Offices (RTOs) for getting double pay package.
Published 12 May, 2007 12:00am
World Bank informed of auditors' shortage

World Bank informed of auditors' shortage

The Central Board of Revenue (CBR) has informed the World Bank (WB) that there is a shortage of trained auditors in the field formations, as they mostly prefer postings at the Regional Tax Offices (RTOs) for getting double pay package.
Published 12 May, 2007 12:00am
World Bank informed of auditors' shortage

World Bank informed of auditors' shortage

The Central Board of Revenue (CBR) has informed the World Bank (WB) that there is a shortage of trained auditors in the field formations, as they mostly prefer postings at the Regional Tax Offices (RTOs) for getting double pay package.
Published 12 May, 2007 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (May 11, 2007).

Published 12 May, 2007 12:00am
CBR to raid smuggled goods warehouses

CBR to raid smuggled goods warehouses

The Central Board of Revenue (CBR) has decided to raid the warehouses containing smuggled goods on receiving credible information. According to the instructions issued to the Directorate General, Intelligence and Investigation and collectors of customs, c
Published 12 May, 2007 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (May 11, 2007).
Published 12 May, 2007 12:00am
CBR to raid smuggled goods warehouses

CBR to raid smuggled goods warehouses

The Central Board of Revenue (CBR) has decided to raid the warehouses containing smuggled goods on receiving credible information. According to the instructions issued to the Directorate General, Intelligence and Investigation and collectors of customs, c
Published 12 May, 2007 12:00am
Soya ends weak on slipover pressure

Soya ends weak on slipover pressure

Soyabean futures at the Chicago Board of Trade closed weak on Thursday on slipover selling from a sharp drop in corn futures, traders said. Soya closed flat to 1-3/4 cents per bushel lower, with May down 3/4 at $7.33 per bushel. New-crop November was down
Published 12 May, 2007 12:00am
Iraq needs foreign troops for 1-2 years: Talabani

Iraq needs foreign troops for 1-2 years: Talabani

Iraq will need US and British troops to help with security for another one to two years, President Jalal Talabani said on Friday. "I think in one or two years we will be able to recruit our own army forces and say goodbye to our friends," Talabani told st
Published 12 May, 2007 12:00am
Pope decries hedonism to Latin American faithful

Pope decries hedonism to Latin American faithful

Pope Benedict gave Brazil its first native-born saint on Friday and called on Roman Catholics to spurn media portrayals of life that glamorise pre-marital sex and undermine the traditional family.
Published 12 May, 2007 12:00am
Sweeping Ramos-Horta win may help unify East Timor

Sweeping Ramos-Horta win may help unify East Timor

Nobel peace prize winner Jose Ramos-Horta won nearly 70 percent of the votes in East Timor's presidential run-off, officials said on Friday, raising hopes his strong mandate can bring greater stability to the tiny nation. European Union monitors endorsed
Published 12 May, 2007 12:00am
Tuareg rebels attack police post in northeast Mali

Tuareg rebels attack police post in northeast Mali

Tuareg rebels in Mali, accompanied by Tuaregs from neighbouring Niger, attacked a north-eastern police post on Friday, the first such raid since a peace deal with the government last year, Malian officials said.
Published 12 May, 2007 12:00am
New Jersey suspect in army attack plot refused bail

New Jersey suspect in army attack plot refused bail

A man accused with five others of plotting to attack a US Army base at Fort Dix in New Jersey was refused bail on Friday and remanded in custody with the rest of the group.
Published 12 May, 2007 12:00am
Mutinous Guinea soldiers cause panic in capital

Mutinous Guinea soldiers cause panic in capital

Mutinous Guinean soldiers firing their weapons into the air caused panic in the capital Conakry on Friday as they moved a week-old military pay protest out of their barracks onto the streets.
Published 12 May, 2007 12:00am
African body to probe human rights in Zimbabwe

African body to probe human rights in Zimbabwe

In an unprecedented move, a pan-African body decided on Friday to send a fact-finding mission to investigate allegations of human rights abuses in Zimbabwe. The Pan-African Parliament (PAP) has no decision-making powers over member states in a continent,
Published 12 May, 2007 12:00am
UN to check on 45,000 Chadians in Darfur

UN to check on 45,000 Chadians in Darfur

Sudan has asked a United Nations team to travel to its troubled Darfur region to evaluate the status and needs of 45,000 men, women and children who have crossed over from Chad, the UN refugee agency said on Friday.
Published 12 May, 2007 12:00am
Pakistan told to shape up after World Cup flop

Pakistan told to shape up after World Cup flop

The Pakistan Cricket Board Friday ordered the new-look team to get fit and develop a "work ethic" as they bid to recover from their World Cup disaster. Chairman Nasim Ashraf said the players must behave appropriately and would face contract problems if th
Published 12 May, 2007 12:00am
Australia to face Malaysia in Azlan Shah Cup final

Australia to face Malaysia in Azlan Shah Cup final

Reigning Olympic champions Australia stormed into the final of the Sultan Azlan Shah Cup with a 6-2 win over South Korea in the semi-finals here Friday. They will play Malaysia in the title decider on Sunday after the home nation defeated India 2-1 with a
Published 12 May, 2007 12:00am
Pakistan to play rugby test today

Pakistan to play rugby test today

Pakistan is going to play its first-ever international rugby test on home soil against Thailand at Defence Stadium, on Saturday. This was stated by President of the Pakistan Rugby Union (PRU), Fawzi Khawaja here on Friday.
Published 12 May, 2007 12:00am
Henin moves into German Open quarters

Henin moves into German Open quarters

Wimbledon champion Amelie Mauresmo suffered a surprise loss to unseeded Ukrainian Julia Vakulenko at the German Open on Friday, as world number one Justine Henin moved smoothly into the quarter-finals.
Published 12 May, 2007 12:00am
Bobby Moore statue unveiled at Wembley

Bobby Moore statue unveiled at Wembley

A statue of England's 1966 World Cup winning captain Bobby Moore was unveiled by his former England team mate Bobby Charlton at the new Wembley Stadium on Friday.
Published 12 May, 2007 12:00am
Imran Farhat fined over selection rant

Imran Farhat fined over selection rant

Pakistan opener Imran Farhat has been fined and reprimanded for a phone call he made to the chief selector after he was not picked for a one-day series against Sri Lanka, officials said Friday.
Published 12 May, 2007 12:00am
Shoaib Akhtar to return for Afro-Asia Cup

Shoaib Akhtar to return for Afro-Asia Cup

Fast bowler Shoaib Akhtar, who missed Pakistan's World Cup debacle due to injury, will return to international cricket for next month's Afro-Asia Cup three-match one-day series in India. Akhtar, who is still not fully fit, has not been picked for Pakistan
Published 12 May, 2007 12:00am
PIA to revive football team

PIA to revive football team

National carrier, PIA, has decided to revive its football team, which will soon be taking part in all national football activities. This was stated by Lieutenant Colonel Moin Rauf, PIA General Manager (Sports) on his return from Malaysia after attending 2
Published 12 May, 2007 12:00am
LHC seeks clarification from PCB

LHC seeks clarification from PCB

The Lahore High Court (LHC) called for report and comments from Pakistan Cricket Board (PCB) within four weeks in a petition filed by former manager archives, museum and library Major(r) Ahmed Anwar.
Published 12 May, 2007 12:00am