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Print - 2007-05-12
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
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
'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
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
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
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
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
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
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
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
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
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
BRIDGE NOTES: The Indian Summer Nationals - a great bridge event

BRIDGE NOTES: The Indian Summer Nationals - a great bridge event

The Bridge Federation of India has been making consistent efforts to promote the game of bridge in the country for a long time. More particularly since 1960 the Federation launched a programme to popularise the intellectual game of cards with determinatio
Published 12 May, 2007 12:00am
Stock market inches up

Stock market inches up

The share market here witnessed a range bound session on Friday, but managed to close in the positive zone with the KSE-100 index gaining 20.73 points, closing at 12,367.62 points level, despite uncertainty on political front. The KSE-30 index closed at 1
Published 12 May, 2007 12:00am
SPORTS WORLD: PCB gets tough on players' power

SPORTS WORLD: PCB gets tough on players' power

Pakistan cricket management, which has been held hostage by player power and captain's sweeping powers since long, has at last realised the negative impact of the menace on the performance of the team.
Published 12 May, 2007 12:00am
Stock market inches up

Stock market inches up

The share market here witnessed a range bound session on Friday, but managed to close in the positive zone with the KSE-100 index gaining 20.73 points, closing at 12,367.62 points level, despite uncertainty on political front. The KSE-30 index closed at 1
Published 12 May, 2007 12:00am
Stock market inches up

Stock market inches up

The share market here witnessed a range bound session on Friday, but managed to close in the positive zone with the KSE-100 index gaining 20.73 points, closing at 12,367.62 points level, despite uncertainty on political front. The KSE-30 index closed at 1
Published 12 May, 2007 12:00am
Shaukat and Jatoi take up energy policy

Shaukat and Jatoi take up energy policy

Federal Minister for Water and Power, Liaquat Ali Jatoi, on Friday called on the Prime Minister, Shaukat Aziz and discussed the energy conservation policy and other related matters. The Prime Minister decided to allow the traders to close shops, bazaars a
Published 12 May, 2007 12:00am
Shaukat and Jatoi take up energy policy

Shaukat and Jatoi take up energy policy

Federal Minister for Water and Power, Liaquat Ali Jatoi, on Friday called on the Prime Minister, Shaukat Aziz and discussed the energy conservation policy and other related matters. The Prime Minister decided to allow the traders to close shops, bazaars a
Published 12 May, 2007 12:00am
BOOK REVIEW: Handbook of Independent Journalism

BOOK REVIEW: Handbook of Independent Journalism

There are eight universities in the public sector and more than a dozen universities and colleges in the private sector in Pakistan that have teaching and training facilities in journalism at the graduate and postgraduate levels.
Published 12 May, 2007 12:00am
Shaukat and Jatoi take up energy policy

Shaukat and Jatoi take up energy policy

Federal Minister for Water and Power, Liaquat Ali Jatoi, on Friday called on the Prime Minister, Shaukat Aziz and discussed the energy conservation policy and other related matters. The Prime Minister decided to allow the traders to close shops, bazaars a
Published 12 May, 2007 12:00am
CAPITAL CULTURAL SCENE: Revival of book culture

CAPITAL CULTURAL SCENE: Revival of book culture

The book has been synonymous with knowledge, and wisdom in Muslim heritage. The revelation of the Quraan and its preservation and perpetuation in book form itself, stands as an irrefutable testimony to this phenomenon.
Published 12 May, 2007 12:00am
Auto sales and production growth declines

Auto sales and production growth declines

Declining trend in the growth of production and sale of locally assembled cars has been observed during the ten-month period from July to April of the current fiscal year, as the production and sales stood at 130,841 units and 131,962 units respectively.
Published 12 May, 2007 12:00am
Kathmandu: the valley of temples

Kathmandu: the valley of temples

It shall remain regret of a lifetime for me not to be able to view, that is, from a close angle, the Mount Everest, while visiting Nepal few years ago. Our hosts had specially arranged a mountain flight to the Mount Everest on the last day of our three-da
Published 12 May, 2007 12:00am
Auto sales and production growth declines

Auto sales and production growth declines

Declining trend in the growth of production and sale of locally assembled cars has been observed during the ten-month period from July to April of the current fiscal year, as the production and sales stood at 130,841 units and 131,962 units respectively.
Published 12 May, 2007 12:00am
Export potential of fruits: Horti-exports growing at eight percent

Export potential of fruits: Horti-exports growing at eight percent

Agriculture remains the largest sector of the Pakistan economy contributing 22 per cent to the GDP and employing 44.8 per cent of the total labour force. About 65.9 per cent of the country's population live in rural areas and is directly or indirectly lin
Published 12 May, 2007 12:00am
Auto sales and production growth declines

Auto sales and production growth declines

Declining trend in the growth of production and sale of locally assembled cars has been observed during the ten-month period from July to April of the current fiscal year, as the production and sales stood at 130,841 units and 131,962 units respectively.
Published 12 May, 2007 12:00am
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