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Nov 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-08-09
FTSE rises as Fed reassurance received gladly

FTSE rises as Fed reassurance received gladly

Britain's leading shares ended up 1.4 percent on Wednesday as US indexes traded higher as investors on both sides of the Atlantic welcomed the Federal Reserve's reassurance on the world's largest economy. A flurry of results and merger and acquisition act
Published 09 Aug, 2007 12:00am
London white sugar keeps sliding

London white sugar keeps sliding

London white sugar futures slid to 21-month lows on fund and speculative selling on Wednesday, weighed by global oversupply, while cocoa clawed higher on arbitrage and coffee rose in light speculative trade. Benchmark October slid to $280.10, its lowest l
Published 09 Aug, 2007 12:00am
Grain to lead agriculture-market rally to 2009: EIU

Grain to lead agriculture-market rally to 2009: EIU

Global grain and oilseed prices will lead strong agricultural markets this year and next as surging demand for food, feed and fuel combines with low stock levels, the Economist Intelligence Unit said on Wednesday.
Published 09 Aug, 2007 12:00am
Oil falls on US economic worries concern

Oil falls on US economic worries concern

Oil prices fell on Wednesday as concerns about the health of the US economy overcame bullish draws in crude and fuel stocks of the world's top consumer. US crude futures settled down 27 cents to $72.15 a barrel, while London's Brent crude settled 81 cents
Published 09 Aug, 2007 12:00am
Bulgaria in talks to import some 150,000 tonnes of wheat

Bulgaria in talks to import some 150,000 tonnes of wheat

Bulgaria's state reserve confirmed on Wednesday that it was in talks to import at least 150,000 tonnes of wheat in a bid to ease rising wheat prices in the Balkan country. A severe drought has cut the new European Union member's 2007 wheat crop by 35 perc
Published 09 Aug, 2007 12:00am
New York cotton futures settle higher

New York cotton futures settle higher

Cotton prices closed higher on Wednesday as overnight business on the electronic market drove prices up and a lack of volume allowed prices to stay up, said analysts. In addition, cotton prices inched up as they tracked higher prices in corn, soybeans, an
Published 09 Aug, 2007 12:00am
US trade group sees China importing less soyabeans

US trade group sees China importing less soyabeans

China is expected to import fewer cargoes of soyabeans this year than initially projected amid industry reports that as many as 50 million pigs have died from blue-ear disease, Phillip Laney, China country director for the American Soyabean Association, s
Published 09 Aug, 2007 12:00am
Copper and nickel slip

Copper and nickel slip

Copper slipped to a six-week low and nickel to a new 10-month trough on Wednesday as inventories jumped and the market worried about falling demand after the US Federal Reserve left interest rates on hold. Copper for delivery in three months fell $165 to
Published 09 Aug, 2007 12:00am
European gold soars

European gold soars

Gold changed course to rise in late European trade on Wednesday as the dollar declined against major currencies after early gains, analysts said. Spot gold rose as high as $676.40 an ounce after falling to $669.50 earlier. It was quoted at $676.10/676.60
Published 09 Aug, 2007 12:00am
US MIDDAY: wheat hits new 11-year high

US MIDDAY: wheat hits new 11-year high

Wheat futures on the Chicago Board of Trade rose to fresh 11-year highs by midsession on Wednesday on tight global supplies and strength in European wheat markets, traders said. As of 11:25 am CDT (1625 GMT), CBOT September wheat was up 10 cents at $6.72-
Published 09 Aug, 2007 12:00am
US MIDDAY: soyabeans up

US MIDDAY: soyabeans up

Soyabean futures at the Chicago Board of Trade rose early Wednesday on worries that soya yields were being hurt in the southern US Midwest by hot, dry conditions. November soyabeans were up 13 cents per bushel at $8.75-3/4 by 9:35 am CDT.
Published 09 Aug, 2007 12:00am
US MIDDAY: copper sinks

US MIDDAY: copper sinks

US copper futures sank to six-week lows at the open on Wednesday after a hefty build in London warehouse stocks bruised investor confidence and provided additional pressure to the recent downtrend, analysts said.
Published 09 Aug, 2007 12:00am
US MIDDAY: gold futures jump

US MIDDAY: gold futures jump

A weakened dollar and a less volatile stock market drove US gold futures higher early on Wednesday, a day after the Federal Reserve said inflation is still its main concern. A major bullion dealer said that physical buying was robust as jewellers world-wi
Published 09 Aug, 2007 12:00am
UNHCR monitoring Afghans repatriation, rehabilitation

UNHCR monitoring Afghans repatriation, rehabilitation

The United Nations High Commissioner for Refugees (UNHCR) has urged the major donor countries to contribute in repatriation and rehabilitation of the withstanding return of Afghans from Pakistan. UNHCR's Assistant High Commissioner for Operations, Judy Ch
Published 09 Aug, 2007 12:00am
No data transferred to any foreign agency: Nadra

No data transferred to any foreign agency: Nadra

Dispelling the impression of data transfer to any foreign agency, Zahid Iqbal, Director-General, National Database and Registration Authority (Nadra), Islamabad Region, on Wednesday said that no data was transferred to any foreign agency, "and it is compl
Published 09 Aug, 2007 12:00am
Skill promotes growth, alleviates poverty: Navtec

Skill promotes growth, alleviates poverty: Navtec

Dr Hazrat Hussain Deputy Director, National Vocational and Technical Education Commission (Navtec) has said that economic growth was associated with skill development, adding that education and training could enable the marginalised ones to escape poverty
Published 09 Aug, 2007 12:00am
NTC hearing on August 11

NTC hearing on August 11

National Tariff Commission (NTC) will hold a public hearing regarding removal of tariff anomalies pertaining to Farm Milk Chillers (FMCs) here on August 11, said a statement issued here. NTC has invited views, suggestions and proposals from all parties ha
Published 09 Aug, 2007 12:00am
An Indian's proposals

An Indian's proposals

Pakistan should try joint (martial and civilian) rule, as given below, given the role of armed forces in shaping the history of Pakistan and given the fact that the armed forces are still reasonably in command and control of the country and Pakistan's Sta
Published 09 Aug, 2007 12:00am
Gulag site - museum to purges and spiritual haven

Gulag site - museum to purges and spiritual haven

Russian author Alexander Solzhenitsyn called it the "mother of the Gulag" -- the spot near the Arctic Circle where the Soviet Union built one of its first camps for political prisoners.
Published 09 Aug, 2007 12:00am
Innocents get blame in sanctions namesake mixups

Innocents get blame in sanctions namesake mixups

On the face of it, Ismail Ahmed has little in common with former Hamas leader Sheikh Ahmed Ismail Yassin, but the similarity in their names has made it tricky for the UN financial official to do his job.
Published 09 Aug, 2007 12:00am
Total shift of export finance to banks likely to face resistance

Total shift of export finance to banks likely to face resistance

The State Bank of Pakistan (SBP) issued "Monetary Policy Statement for July-December,2007"-(MPS)- on 31 July,2007. The peculiar feature is a basic change that has been introduced in the Export Finance Scheme (EFS) under which short term pre and post shipm
Published 09 Aug, 2007 12:00am
Revamping KWSB to ensure smooth water supply

Revamping KWSB to ensure smooth water supply

Quoting KWSB sources a news report appearing on August 1, gave the glad tidings of early end of water shortage in the city as a plan now on the anvil is implemented for gradual replacement of all the 160 pumps and 15 filter plants, installed at various lo
Published 09 Aug, 2007 12:00am
Hashmi's return to parliament

Hashmi's return to parliament

On Monday, when Makhdoom Javed Hashmi returned to the teak-panelled circular chamber of the National Assembly after an absence of 45 months that he spent in jail serving a high treason punishment, desk-thumping and 'Go Musharraf, Go' slogans greeted him.
Published 09 Aug, 2007 12:00am
Looming threats on cotton front

Looming threats on cotton front

Encouraging in its own way is the revelation made in a Recorder Report about the decision of the Ministry of Food, Agriculture and Livestock (Minfal) to introduce a new CCLV-resistant cotton variety next year to control the cotton curl leaf virus (
Published 09 Aug, 2007 12:00am
APHC condemns Indian atrocities in IHK

APHC condemns Indian atrocities in IHK

All Parties Hurryiat Conference Azad Jammu and Kashmir Chapter has strongly condemned law of jungle in the occupied Kashmir. The leaders of the APHC urged the world community to force India to end its atrocities in Kashmir.
Published 09 Aug, 2007 12:00am
Pesco suggests measures to avoid electrocution

Pesco suggests measures to avoid electrocution

Peshawar Electricity Supply Company (Pesco) has asked the consumers to adopt safety measures in the wake of recent increase in fatal incidents of electrocution. The Pesco in this regard suggested to earth electrical appliances, replace all worn out wires
Published 09 Aug, 2007 12:00am
JUI Hind chief proposes setting up modern education institutions

JUI Hind chief proposes setting up modern education institutions

Secretary General, Jamiat-e-Ulemai Hind, Maulana Syed Arshad Madni on Wednesday proposed Pakistani ulema to establish private modern education institutions in Pakistan to follow the government prescribed syllabi and appoint teachers equipped with modern e
Published 09 Aug, 2007 12:00am
Earliest solution to Kashmir issue urged

Earliest solution to Kashmir issue urged

Azad Jammu and Kashmir Prime Minister Sardar Attique Ahmad Khan called for earliest solution to Kashmir issue for ensuring peace in the world. Addressing members of the Kashmir community and the "Labour friends of Kashmir" at Slough, 50 miles west of the
Published 09 Aug, 2007 12:00am
5,500 workers being trained for South Korean market

5,500 workers being trained for South Korean market

Overseas Employment Corporation (OEC), Ministry of Labour, Manpower and Overseas Pakistani is imparting training to 5,500 workers in line with market requirements to send them South Korea. Official told APP here on Wednesday that Korea is expected to impo
Published 09 Aug, 2007 12:00am
Nadra develops e-toll system for NHA

Nadra develops e-toll system for NHA

Chairman Nadra Brigadier Saleem Moin on Wednesday briefed the Federal Minister for Communication Muhammed Shamim Sidqui about electronic toll system, a software project developed by Nadra for National Highway Authority and Motorway Police.
Published 09 Aug, 2007 12:00am
Reports about WMAP split denied

Reports about WMAP split denied

Qari Hanif Jhalandari, Secretary General of Wifaq-ul-Madaris Al Arabia Pakistan, (WMAP) on Wednesday categorically denied the reports appeared in a section of press that WMAP had split into factions as differences erupted among Ulema in a conference of Wi
Published 09 Aug, 2007 12:00am
Foolproof security steps taken for Independence Day

Foolproof security steps taken for Independence Day

The government has adopted foolproof security measures to avert any terrorist attack on Independence Day, official sources said here on Wednesday. In view of volatile security situation in the country, possibility of attacks by suicide bombers and terrori
Published 09 Aug, 2007 12:00am
Four killed, 12 injured in road mishaps

Four killed, 12 injured in road mishaps

Accidents in Sahiwal district on Tuesday night killed four people and injured 12 in different incidents. A tractor-trolley (OKA-2942) overturned near Chak 54/4-R on Noorshah-Gamber Road, as a result a woman Farzana died on the spot.
Published 09 Aug, 2007 12:00am
ITCN Asia begins today

ITCN Asia begins today

The 7th Information Technology Commerce Network (ITCN) Asia will commence here on Thursday. This was stated by an official of E-commerce Gateway Pakistan, which is organising a three-day event at the Karachi Expo Centre.
Published 09 Aug, 2007 12:00am
200,000 saplings to be planted in Islamabad rural areas

200,000 saplings to be planted in Islamabad rural areas

Over 200,000 saplings of different varieties and environment-friendly saplings will be planted in rural areas of Islamabad during the ongoing monsoon tree plantation drive. Chief Commissioner Islamabad Khalid Pervez said this while inaugurating tree plant
Published 09 Aug, 2007 12:00am
Report sought from SBP

Report sought from SBP

The Lahore High Court (LHC) has called for a report from State Bank officials following a petition filed by Assistant Treasurer Qamar Bakhtair in 15 days. Bakhtiar claimed that he had obtained a loan from the Bank of Punjab in his own capacity but the Sta
Published 09 Aug, 2007 12:00am
Police officer, advocate help accused to escape

Police officer, advocate help accused to escape

An accused, managed to fox Lahore High Court security officials after being helped by his counsel. According to detail an accused Abdul Rashid escaped from the court after his counsel Rana Farhan assisted him following the dismissal of his bail.
Published 09 Aug, 2007 12:00am
Plan to establish soccer ball 'village' near Sialkot

Plan to establish soccer ball 'village' near Sialkot

The President of Sialkot Chamber of Commerce and Industry (SCCI), Abdul Waheed Sandal, said here on Wednesday that SCCI was considering to establish 'Soccer Ball Village' in Sialkot, with the support and co-operation of federal and provincial governments.
Published 09 Aug, 2007 12:00am
Jamaat-e-Islami starts mobilising workers

Jamaat-e-Islami starts mobilising workers

The Jamaat-e-Islami (JI) Pakistan has asked party office-bearers to mobilise their workers for the forthcoming general elections. Party sources told Business Recorder here on Wednesday that the party leadership had asked the central, provincial and
Published 09 Aug, 2007 12:00am
Europe lucrative market for businessmen: LCCI

Europe lucrative market for businessmen: LCCI

Europe is the most lucrative business destination, particularly, for Pakistani businessmen. Pakistan's exports could be doubled within a short period of time and with very little effort. This was said by the head of ten-member delegation of the Lahore Cha
Published 09 Aug, 2007 12:00am
Pak-India accord against artificial trade barriers welcomed

Pak-India accord against artificial trade barriers welcomed

A former president FPCCI, Tariq Sayeed, on Wednesday welcomed the agreement reached at Pakistan-India Joint Study Group meeting held recently in New Delhi to combat artificial trade barriers between the two countries.
Published 09 Aug, 2007 12:00am
'Farmers not following WTO standard for exports'

'Farmers not following WTO standard for exports'

A network of accredited testing laboratories for the purpose of exporting fruits, vegetables and other agricultural commodities to global markets at international standard is dire need of the hours, said Professor Dr Bashir Ahmad, Vice Chancellor, Univers
Published 09 Aug, 2007 12:00am
APMA public meeting on August 11

APMA public meeting on August 11

The All Pakistan Minorities Alliance (APMA) will hold a public meeting on August 11 at the Minar-e-Pakistan to promote religious harmony and provide equal rights to minorities.
Published 09 Aug, 2007 12:00am
Need to simplify SROs demanded

Need to simplify SROs demanded

Country's leadership is taking commendable steps to boost exports but Statutory Regulatory Orders (SROs) need to be simplified to facilitate exporters, especially in the surgical sector. Chairman Surgical Instrument Manufacturers Association of Pakistan (
Published 09 Aug, 2007 12:00am
Bail cancelled

Bail cancelled

The Supreme Court has cancelled the bail of a man after being found guilty of embezzling Rs 6.5 million. The court verdict came following a petition filed by Shamim Akhtar saying her husband before his death was in a business partnership with Chaudhry Mus
Published 09 Aug, 2007 12:00am
Private educational institutions fleecing parents

Private educational institutions fleecing parents

Private educational institutions have almost doubled their tuition and other fees in the federal capital creating acute financial hardship for average income parents.
Published 09 Aug, 2007 12:00am
Steps taken to cope with monsoon season in Sialkot

Steps taken to cope with monsoon season in Sialkot

Sialkot district administration has finalised necessary precautionary measures to cope with any eventuality during current monsoon season in Sialkot, Daska, Pasrur and Sambrial tehsils of the district.
Published 09 Aug, 2007 12:00am
Meeting reviews pace of uplift projects

Meeting reviews pace of uplift projects

Punjab Minister for Communication and Works Chaudhry Zaheer-ud-Din Khan has said that the government is providing modern and quality means of communications to urban and rural areas. He made his comment when he chaired a department meeting to review the p
Published 09 Aug, 2007 12:00am
SBP chief, chief minister discuss Punjab projects

SBP chief, chief minister discuss Punjab projects

State Bank of Pakistan (SBP) Governor Shamshad Akhtar called on Chief Minister Chaudhry Pervaiz Elahi at the Chief Minister's Secretariat here on Thursday to discuss current development process, mega projects and financial discipline. Punjab Chief Secreta
Published 09 Aug, 2007 12:00am
SBP urged to release Rs eight billion to PPCBL

SBP urged to release Rs eight billion to PPCBL

Farmers' organisations have urged the State Bank of Pakistan (SBP) to release Rs 8 billion to the Punjab Provincial Co-operatives Bank Limited (PPCBL) for the year 2007-08 to enable the latter to release loans to farmers in time.
Published 09 Aug, 2007 12:00am
Security check at Slic building resented

Security check at Slic building resented

The teasing in the name of security irked visitors to State Life Insurance Corporation (Slic) Building in Peshawar Cantonment facing a lot of difficulties in entrance to the building, that houses a number of commercial offices.
Published 09 Aug, 2007 12:00am
Raise in electricity charges condemned

Raise in electricity charges condemned

Abdul Sami Khan, chairman Pakistan Petroleum Dealers Association (PPDA) and CNG Dealers Association, in his statement strongly condemned the increase in electricity charges by 29 paisas per unit.
Published 09 Aug, 2007 12:00am
PML-N vows to block Musharraf's re-election

PML-N vows to block Musharraf's re-election

Pakistan Muslim League (N) has vowed to block the re-election of President General Pervez Musharraf for the next term. PML (N) acting president Makhdoom Javed Hashmi said this while addressing a press conference at the National Assembly cafeteria here on
Published 09 Aug, 2007 12:00am
Coalition partners thinking to part ways with PML

Coalition partners thinking to part ways with PML

Pakistan People's Party sources said here on Wednesday that coalition partners in the provincial and Federal government are now thinking to change loyalties and part ways with Pakistan Muslim League (Q) before it is too late to do so.
Published 09 Aug, 2007 12:00am
'More PML-Q defections to PPP likely'

'More PML-Q defections to PPP likely'

PPP leaders her on Wednesday claimed that more defections from the ruling PML-Q) were on-the-cards, as a large number of assembly members were planning to join PPP in the near future.
Published 09 Aug, 2007 12:00am
Khar speaks about Benazir, Musharraf deal

Khar speaks about Benazir, Musharraf deal

Ghulam Mustafa Khar former governor of Punjab and senior leader of PPPP in a press conference here on Wednesday said that in case of a deal between Benazir Bhutto and General Musharraf, workers having allegiance to thoughts of Zulifkar Ali Bhutto, founder
Published 09 Aug, 2007 12:00am
Al-Baraka Bank ratings maintained

Al-Baraka Bank ratings maintained

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term rating of A- (single A minus) and short-term rating of A1 (A-one) of Al-Baraka Islamic Bank BSC (Pakistan branches). A bank spokesman said here on Wednesday that the ratings showed a l
Published 09 Aug, 2007 12:00am
Al-Baraka Bank ratings maintained

Al-Baraka Bank ratings maintained

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term rating of A- (single A minus) and short-term rating of A1 (A-one) of Al-Baraka Islamic Bank BSC (Pakistan branches). A bank spokesman said here on Wednesday that the ratings showed a l
Published 09 Aug, 2007 12:00am
Accounting treatment: HBL removes confusion

Accounting treatment: HBL removes confusion

Habib Bank Limited (HBL) on Wednesday removed the confusion regarding difference between consolidated and unconsolidated (stand alone accounts) and accounting treatment relating to associates and subsidiaries.
Published 09 Aug, 2007 12:00am
The Weather

The Weather

The weather report on Wednesday (August 08, 2007) and the forecast for Thursday (August 09, 2007).
Published 09 Aug, 2007 12:00am
All parties media conference held

All parties media conference held

All Parties Media Conference was held under the presidency of Jamiat-e-Ulama-e-Islam here at Hyderabad Press Club on Wednesday. All political, religious as well as social parties of Sindh participated the conference.
Published 09 Aug, 2007 12:00am
New York cotton

New York cotton

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

Published 09 Aug, 2007 12:00am
TDAP approves delegation for Japan trade fair

TDAP approves delegation for Japan trade fair

The Trade Development Authority of Pakistan (TDAP) has approved a trade delegation to Japan trade exhibition, which will be held from September 3, officials said on Wednesday.
Published 09 Aug, 2007 12:00am
New York cotton

New York cotton

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

Published 09 Aug, 2007 12:00am
Rice cultivation

Rice cultivation

The process of rice cultivation has been completed in the district but the area brought under cultivation was short of target largely due to water shortage, said District Officer (DO) Agriculture, Arshad Javed. Talking to APP, DO Agriculture said that the
Published 09 Aug, 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 09 Aug, 2007 12:00am
Arbab, Hamida Khuhro vow to patch up

Arbab, Hamida Khuhro vow to patch up

Sindh Education Minister Dr Hamida Khuhro called on Sindh Chief Minister Dr Arbab Ghulam Rahim here on Wednesday in a major development, apparently to sort out their differences. It is the first contact between Dr Khuhro and Dr Arbab Ghulam Rahim after th
Published 09 Aug, 2007 12:00am
Tanneries to be prosecuted for violating environment laws

Tanneries to be prosecuted for violating environment laws

Sindh Environment Protection Agency (Sepa) has decided to prosecute 10 tanneries for violating environment laws in the light of warnings issued by the European Union to cancel export orders of the tanners discharging toxic waste without proper treatment,
Published 09 Aug, 2007 12:00am
German Consul General for boosting trade with Pakistan

German Consul General for boosting trade with Pakistan

German Consul General (CG) Hans Goachin Kandrelan has stressed the need to boost existing two billion dollars trade between Pakistan and Germany. In a meeting with District Nazim Syed Nasir Hussain Shah at the DCO Office here on Wednesday, he noted that t
Published 09 Aug, 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, August 09, 2007.

Published 09 Aug, 2007 12:00am
Government committed to facilitate investors: President

Government committed to facilitate investors: President

President General Pervez Musharraf on Wednesday said that the government was committed to facilitating all investors and would ensure the provision of every possible assistance and incentives to them.
Published 09 Aug, 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, August 09, 2007.

Published 09 Aug, 2007 12:00am
Mobile phone service in Sust launched

Mobile phone service in Sust launched

Special Communications Organisation (SCO) has launched GSM SCOM Mobile Phone Service in Sust, a border town close to China and hub of border trade in Upper Hunza.
Published 09 Aug, 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, August 09, 2007.

Published 09 Aug, 2007 12:00am
Over Rs 51 million banquet hall being built at Chief Minister House

Over Rs 51 million banquet hall being built at Chief Minister House

A spacious and state-of-art 'banquet hall', spread over an area of 14,320 square-feet, is being constructed in the Chief Minister House at a cost of Rs 51.718 million, Business Recorder learnt on Wednesday. It is expected that construction work wil
Published 09 Aug, 2007 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (August 08, 2007).

Published 09 Aug, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (August 08, 2007).

Published 09 Aug, 2007 12:00am
Minorities' role in Pakistan movement hailed

Minorities' role in Pakistan movement hailed

The constitution has bestowed the 'minorities' rights, privileges and freedom to lead their lives in accordance with the teachings of their religion as first class citizens. This was stated by Speaker National Assembly Chaudhry Ameer Hussain at a seminar
Published 09 Aug, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (August 08, 2007) and for Thursday (August 09, 2007).
Published 09 Aug, 2007 12:00am
Karachi power crisis: MQM and MMA stage walkouts

Karachi power crisis: MQM and MMA stage walkouts

The National Assembly (NA) on Wednesday witnessed two separate walkouts one by Muttahida Qaumi Movement (MQM) against perennial load shedding in Karachi. Besides MQM members, the Muttahida Majlis-i-Amal (MMA) also walked out of the house to protest the un
Published 09 Aug, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (August 08, 2007).

Published 09 Aug, 2007 12:00am
Government criticised in National Assembly for loadshedding

Government criticised in National Assembly for loadshedding

The joint opposition Wednesday grilled government on frequent loadshedding, electricity theft, false meter readings, Wapda line losses and overall shortfalls of Wapda. During question-hour, MNA Belum Husnain asked the Water and Power Minister Liaquat Jato
Published 09 Aug, 2007 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Even a moment can be a lifetime in politics. If cashes on intelligently, it turns tables and changes fates overnight. Makhdoom Javed Hashmi sounds well aware of the fact. And why shouldn't he be. After all, it is his moment in Pakistan besieged politics.
Published 09 Aug, 2007 12:00am
Government trying to make deal with ANP and PkMAP

Government trying to make deal with ANP and PkMAP

The power brokers in the security establishments and the President's camp have decided to pursue Pakhtun nationalists both in NWFP and Balochistan for playing a role in future political setup, sources told Business Recorder on Wednesday.
Published 09 Aug, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Wednesday (August 08, 2007).

Published 09 Aug, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Wednesday (August 08, 2007).

Published 09 Aug, 2007 12:00am
TCP chief's son laid to rest

TCP chief's son laid to rest

17 years old son of Abdul Malik, Chairman Trading Corporation of Pakistan (TCP), Abeer Khan, has expired on July 7 (Tuesday). His funeral prayer was offered at 10.30 AM on Wednesday at a ground in front of his residence and laid to rest in the nearby grav
Published 09 Aug, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Wednesday (August 08, 2007).

Published 09 Aug, 2007 12:00am
Government to give away 700 CNG rickshaws

Government to give away 700 CNG rickshaws

Provincial Minister for Industries Muhammad Ajmal Cheema has said that government is speeding up a project enhancing the sphere of CNG rickshaws scheme and has started it from Wednesday in Sialkot where the government will dole out 700 CNG rickshaws among
Published 09 Aug, 2007 12:00am
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