AGL 40.10 Decreased By ▼ -0.90 (-2.2%)
AIRLINK 127.80 Decreased By ▼ -0.34 (-0.27%)
BOP 6.60 Decreased By ▼ -0.10 (-1.49%)
CNERGY 4.60 Increased By ▲ 0.08 (1.77%)
DCL 8.58 Decreased By ▼ -0.03 (-0.35%)
DFML 41.40 Increased By ▲ 0.31 (0.75%)
DGKC 86.50 Decreased By ▼ -0.63 (-0.72%)
FCCL 32.13 Decreased By ▼ -1.26 (-3.77%)
FFBL 65.40 Decreased By ▼ -0.01 (-0.02%)
FFL 10.27 Decreased By ▼ -0.20 (-1.91%)
HUBC 110.60 Decreased By ▼ -0.03 (-0.03%)
HUMNL 14.70 Decreased By ▼ -0.60 (-3.92%)
KEL 5.15 Increased By ▲ 0.17 (3.41%)
KOSM 7.15 Decreased By ▼ -0.28 (-3.77%)
MLCF 41.69 Decreased By ▼ -1.30 (-3.02%)
NBP 60.20 Decreased By ▼ -0.22 (-0.36%)
OGDC 194.48 Decreased By ▼ -3.16 (-1.6%)
PAEL 27.95 Decreased By ▼ -1.06 (-3.65%)
PIBTL 7.98 Decreased By ▼ -0.28 (-3.39%)
PPL 150.52 Decreased By ▼ -3.64 (-2.36%)
PRL 27.08 Increased By ▲ 2.08 (8.32%)
PTC 16.08 Decreased By ▼ -0.01 (-0.06%)
SEARL 78.20 Decreased By ▼ -0.25 (-0.32%)
TELE 7.42 Increased By ▲ 0.05 (0.68%)
TOMCL 35.70 Decreased By ▼ -0.39 (-1.08%)
TPLP 7.90 Decreased By ▼ -0.17 (-2.11%)
TREET 15.87 Decreased By ▼ -0.09 (-0.56%)
TRG 52.70 Decreased By ▼ -0.66 (-1.24%)
UNITY 26.65 Decreased By ▼ -0.06 (-0.22%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 9,920 Decreased By -52.1 (-0.52%)
BR30 30,751 Decreased By -346.3 (-1.11%)
KSE100 93,225 Decreased By -423.8 (-0.45%)
KSE30 28,885 Decreased By -132.9 (-0.46%)
Nov 13, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-10-17
Traumatised Afghans addicted to heroin

Traumatised Afghans addicted to heroin

Afghanistan, the world's biggest heroin producer, is struggling to cope with a drug problem as thousands of Afghans - trying to cope with the traumas of war, displacement and poverty - are becoming addicted to narcotics.
Published 17 Oct, 2007 12:00am
Good Morning: a season of doubt - and hope

Good Morning: a season of doubt - and hope

There were no newspapers across the country for two days on account of Eid-ul-Fitr and as far as some of us are concerned it made almost no difference. The habit of having a newspaper in hand, and a couple of other dailies waiting to be read or scanned, r
Published 17 Oct, 2007 12:00am
Increasing share of South East Asia in global workforce

Increasing share of South East Asia in global workforce

Since early eighties high income developing countries have recorded a fast increase in their export-weighted labour force, resultant of substantial rise of exports ratio in their total GDP. In particular it is increasing volume of exports of goods and ser
Published 17 Oct, 2007 12:00am
Why delay revised PC-1 for Gomal Zam Dam?

Why delay revised PC-1 for Gomal Zam Dam?

Wapda has failed to submit the revised PC-1 of Gomal Zam Dam to P&D Division, which is a mandatory requirement for legalising approval of the project cost as all project financing is worked out on the basis of PC-1, says a Recorder Report.
Published 17 Oct, 2007 12:00am
Progress on Millennium Development Goals

Progress on Millennium Development Goals

The Millennium Development Goals, commonly known as MDGs, are the targets adopted by world leaders in 2000 to promote development and health care in the poorest countries of the world. The cut-off date to achieve the targets is 2015 and progress in import
Published 17 Oct, 2007 12:00am
Edible items' prices shoot up during Eid

Edible items' prices shoot up during Eid

Prices of edibles items shoot up during the Eid holidays in the city creating problem for the common poor people, as becomes difficult and of course beyond their limit to buy some of the essential item of daily use. People belonging to various walks of li
Published 17 Oct, 2007 12:00am
Nawaz eyes return to Pakistan

Nawaz eyes return to Pakistan

Former prime minister Nawaz Sharif is planning to return home despite being bundled out of the country hours after trying to come back last month, a leader of his party said on Tuesday. Another former prime minister, Benazir Bhutto, is due to return home
Published 17 Oct, 2007 12:00am
Atta rate further increases on Eid

Atta rate further increases on Eid

Chakki owners and shopkeepers sold wheat flour at increased rate even on Eid day and thereafter at Rs 19 to Rs 20 per kilogram in place of rate fixed by government of Rs 15 to Rs 16 per kilo. It was complained by shopkeepers that flour mill owners and cha
Published 17 Oct, 2007 12:00am
PPP demand for bullet-proof security not justified: Arbab

PPP demand for bullet-proof security not justified: Arbab

Sindh Chief Minister Dr Arbab Ghulam Rahim on Monday said the demand of Pakistan People's Party (PPP) for bullet-proof security was not justified as such security was not available to him (Dr Arbab).
Published 17 Oct, 2007 12:00am
Ibad exchanges Eid greetings with people

Ibad exchanges Eid greetings with people

Governor Sindh, Dr Ishrat ul Ibad Khan exchanged Eid greetings on the occasion of Eid-ul-Fitr with diplomats from different Muslim countries, Provincial Minister, Sardar Ahmed, Sindh Chief Secretary, Ejaz Ahmed Qureshi and general public at Governor's Hou
Published 17 Oct, 2007 12:00am
Provision of help to Gadani victims directed

Provision of help to Gadani victims directed

Sindh Governor, Dr Ishratul Ibad Khan on Tuesday directed the officials concerned to provide every possible assistance to the families of the victims, who drowned on Monday evening at Gadani Beach. It may be noted here that 17 Karachiites were drowned on
Published 17 Oct, 2007 12:00am
Rs 4.5 billion Ali Bandar-Nagarparkar road to be built soon

Rs 4.5 billion Ali Bandar-Nagarparkar road to be built soon

Sindh Chief Minister Dr Arbab Ghulam Rahim has said that a 208-km road between Ali Bandar and Nagarparkar would soon be constructed with a cost of Rs 4.5 billion while the work on another 18-km-long road from Dangi to Ali Bandar was underway with estimate
Published 17 Oct, 2007 12:00am
Former NWFP chief minister Arbab Jehangir passes away

Former NWFP chief minister Arbab Jehangir passes away

Former chief minister NWFP and veteran politician, Arbab Mohammad Jehangir Khan Khalil died here of cardiac arrest in Rehman Medical Institute (RMI) on Tuesday. He was born on August 1, 1936 and remained a popular political figure of the province througho
Published 17 Oct, 2007 12:00am
Comprehensive plan chalked out to promote fisheries in AJK

Comprehensive plan chalked out to promote fisheries in AJK

An integrated plan has been chalked out for the promotion of fish breeding and angling under the spirit of uplift of tourism sector in Azad Jammu Kashmir with the coordination of the private sector, official sources said.
Published 17 Oct, 2007 12:00am
NetSol revenue crosses Rs 1 billion mark

NetSol revenue crosses Rs 1 billion mark

NetSol Technologies Limited Chairman Salim Ghauri told Business Recorder that information on the growth of Pakistan's IT sector was now travelling rapidly that not only made customers realise our potential but also international companies started w
Published 17 Oct, 2007 12:00am
NetSol revenue crosses Rs 1 billion mark

NetSol revenue crosses Rs 1 billion mark

NetSol Technologies Limited Chairman Salim Ghauri told Business Recorder that information on the growth of Pakistan's IT sector was now travelling rapidly that not only made customers realise our potential but also international companies started w
Published 17 Oct, 2007 12:00am
Amir offers Eid prayers at Model Town

Amir offers Eid prayers at Model Town

After Badshahi Mosque, the second biggest Eid prayer in Lahore took place at Model Town, where Lahore Nazim Mian Amer Mahmood and more than 25,000 men and women offered their prayers. All the residents of Model Town and from outside, belonging to differen
Published 17 Oct, 2007 12:00am
Ministers and MPAs meet Pervaiz Elahi

Ministers and MPAs meet Pervaiz Elahi

Federal and provincial ministers, members of the assemblies, political and social personalities met Punjab Chief Minister Pervaiz Elahi at his home to greet him on Eid.
Published 17 Oct, 2007 12:00am
Tyres and tubes import up nine percent

Tyres and tubes import up nine percent

Import of rubber tyres and tubes of cycles, motorcycles, cars, rickshaws, trucks etc, has recorded nine percent growth during the first two months (July-August) of the 2007 fiscal year.
Published 17 Oct, 2007 12:00am
Hearing on petitions against NRO on October 18

Hearing on petitions against NRO on October 18

The Lahore High Court (LHC) will carry on with two identical petitions against the 2007 National Reconciliation Ordinance (NRO) on October 18, considering it discriminatory and malafide. Bar members MD Tahir and Nasullah Khan Baber had take up the case, t
Published 17 Oct, 2007 12:00am
Exporters urged to submit freight subsidy claims in time

Exporters urged to submit freight subsidy claims in time

The Trade Development Authority of Pakistan (TDAP) has advised the exporters to ensure in time submission of their freight subsidy claims. A spokesman of TDAP said here on Tuesday that freight subsidy program for 2006-07 ended on July 31, and claims for t
Published 17 Oct, 2007 12:00am
Musharraf's eligibility: Supreme Court to resume hearing today

Musharraf's eligibility: Supreme Court to resume hearing today

A 10-member bench of the Supreme Court will resume hearing on Wednesday in a set of identical constitutional petitions challenging acceptance of President General Pervez Musharraf's nomination papers by the Election Commission to contest the Presidential
Published 17 Oct, 2007 12:00am
Security remained tight on eve of Eid

Security remained tight on eve of Eid

The metropolitan tightened security on the eve of Eid with police and law enforcers cancelling their holidays. The Police department, including the special branch, the bomb disposal squad, intelligence agencies, the fire brigade, Rescue 1122, civil defenc
Published 17 Oct, 2007 12:00am
Holidays, transportation problem restrict cotton market activity

Holidays, transportation problem restrict cotton market activity

Transportation problem has dipped cotton buying activity but ginners relaxed attitude towards asking prices invited owners of truck to lift and sustain luster. The spot rate was dropped down by Rs 25 to Rs 2825 right during week opening and until closure
Published 17 Oct, 2007 12:00am
Holidays, transportation problem restrict cotton market activity

Holidays, transportation problem restrict cotton market activity

Transportation problem has dipped cotton buying activity but ginners relaxed attitude towards asking prices invited owners of truck to lift and sustain luster. The spot rate was dropped down by Rs 25 to Rs 2825 right during week opening and until closure
Published 17 Oct, 2007 12:00am
White cane safety day observed

White cane safety day observed

Punjab Chief Minister Chaudhry Pervaiz Elahi in his message on the occasion of 'White Cane Safety Day' received here on Tuesday has emphasised upon visually impaired people to continue their struggle for acquiring adequate knowledge and training so as to
Published 17 Oct, 2007 12:00am
Agriculture forum demands government to implement subsidy

Agriculture forum demands government to implement subsidy

Chairman Agri Forum Pakistan Muhammad Ibrahim Mughal has alleged that 25 percent subsidy in the electricity charges for agricultural tube-wells, which was announced in the budget 2007-08, has not given to the farmers yet.
Published 17 Oct, 2007 12:00am
Diagnostic laboratories to be set up for livestock

Diagnostic laboratories to be set up for livestock

The Punjab government has planned to set up 'new disease diagnostic laboratories' in the province to provide diagnostic/investigation facilities to livestock wealth. These laboratories will be set up at a cost of Rs 65 million in Mandi Bahauddin, Nankana
Published 17 Oct, 2007 12:00am
Education sector strong in five-year, says Pervaiz

Education sector strong in five-year, says Pervaiz

Punjab Chief Minister, Chaudhry Pervaiz Elahi has said that promotion of education has been an important part of his strategy during the last five years as a result of which education sector has strengthened which would leave far reaching impact on socio-
Published 17 Oct, 2007 12:00am
Governor offers Eid prayers at Badshahi Mosque

Governor offers Eid prayers at Badshahi Mosque

Punjab Governor Khalid Maqbool offered Eid prayers here at Badshahi Mosque on Sunday. On the occasion, special prayers were also offered for peace, security and progress of the country. After offering Eid prayers, the Governor mixed with the people and ex
Published 17 Oct, 2007 12:00am
Musharraf to doff uniform after November 15: Maqbool

Musharraf to doff uniform after November 15: Maqbool

President Pervez Musharraf will dough off his uniform after November 15 and hold the general elections in a free, fair and impartial manner in which all political parties will participate, Punjab Governor Khalid Maqbool told reporters here on Tuesday at t
Published 17 Oct, 2007 12:00am
NAFA Fund achieves 5-star rating

NAFA Fund achieves 5-star rating

The JCR-VIS Credit Rating Co Ltd has assessed the fund performance ranking of NAFA Cash Fund (NCF) at 'MFR' 5-Star for the one-year period ended June 30, 2007. For the period under review, NCF posted a return of 10.76 percent, and had a Fund Stability Rat
Published 17 Oct, 2007 12:00am
NAFA Fund achieves 5-star rating

NAFA Fund achieves 5-star rating

The JCR-VIS Credit Rating Co Ltd has assessed the fund performance ranking of NAFA Cash Fund (NCF) at 'MFR' 5-Star for the one-year period ended June 30, 2007. For the period under review, NCF posted a return of 10.76 percent, and had a Fund Stability Rat
Published 17 Oct, 2007 12:00am
Death condoled

Death condoled

Punjab Chief Minister Chaudhry Pervez Elahi on Monday visited the residence of Chairman Public Accounts Committee Punjab and condoled the death of his mother and sympathised with the family members and offerred Fateha.
Published 17 Oct, 2007 12:00am
'Islamabad airport be named after Liaquat Ali Khan'

'Islamabad airport be named after Liaquat Ali Khan'

The Quaid-Millat Liaquat Ali Khan Memorial Committee has reiterated its demand for naming Islamabad Airport after Liaquat Ali Khan, the first Prime Minister and the national hero of Pakistan who was assassinated in Rawalpindi in 1951.
Published 17 Oct, 2007 12:00am
PML-Q extends greetings to Communist Party of China

PML-Q extends greetings to Communist Party of China

Pakistan Muslim League has extended greetings to General Secretary of Communist Party of China Hu Jintao on the historic opening of 17th congress of the Communist party and expressed the hope that it would play important role to further strengthen the dev
Published 17 Oct, 2007 12:00am
'US must make long-term commitment to Pakistan'

'US must make long-term commitment to Pakistan'

The United States must make a long-term commitment to Pakistan to help it overcome challenges of extremism and terrorism, a prominent Republican presidential contender underscored.
Published 17 Oct, 2007 12:00am
'Efforts on to ensure fair election on scheduled time'

'Efforts on to ensure fair election on scheduled time'

National Assembly Speaker Chaudhry Amir Hussain has said that upcoming general election would be held on its scheduled time and the government was making strenuous efforts to maintain congenial political environment to ensure free, fair and transparent el
Published 17 Oct, 2007 12:00am
CNG stations should not use re-stamped storage cylinders: Ogra

CNG stations should not use re-stamped storage cylinders: Ogra

Oil & Gas Regulatory Authority (OGRA) has advised all the owners and proprietors of CNG stations not to use re-stamped or grinded CNG storage Cylinders in their own interest. A spokesman of the OGRA said here Tuesday that a storage cylinder supplier (M/S
Published 17 Oct, 2007 12:00am
Change in politics after October 18: Jamali

Change in politics after October 18: Jamali

Former Prime Minister Zafarullah Jamali has said that a political change would take place in country's politics on October 18. He was talking to newsmen in Rojhan Jamali here on Tuesday. He said that a change could take place after October 18 and some peo
Published 17 Oct, 2007 12:00am
Nawaz to return in November: Hashmi

Nawaz to return in November: Hashmi

PML (N) acting president Makhdoom Javed Hashmi has said that the party leader and former prime minister Mian Nawaz Sharif would return to the country in the first week of November.
Published 17 Oct, 2007 12:00am
Sindh government urged to show restraint from creating hurdles

Sindh government urged to show restraint from creating hurdles

The NWFP chapter of Pakistan People's Party (PPP) Tuesday asked the provincial government of Sindh to show restraint from creating hurdles in holding welcome reception in the honour of party chairperson Benazir Bhutto on her arrival at Karachi Airport sch
Published 17 Oct, 2007 12:00am
Rulers worried on Benazir's arrival: Khuhro

Rulers worried on Benazir's arrival: Khuhro

The leader of opposition in Sindh Assembly and PPP leader Nisar Ahmed Khuhro has said that the chief minister Sindh and other rulers have been in nuisance due to the returning of Pakistan Peoples Party Chairperson Benazir Bhutto and now they were vibratin
Published 17 Oct, 2007 12:00am
PPP predicts over one million turnout

PPP predicts over one million turnout

The PPP president for Sindh, Qaim Ali Shah, predicted on Tuesday that more than one million people will take to the streets when Benazir returns from exile on October 18. The Pakistan People's Party (PPP) also rejected speculation that ex-premier Benazir
Published 17 Oct, 2007 12:00am
PPP to react violently if any hurdle put in its way: Gilani

PPP to react violently if any hurdle put in its way: Gilani

Condemning the statements of Chief Ministers of Sindh and Punjab, PPP's Central Vice-Chairman Syed Yousaf Raza Gilani has said that the government was trying to provoke the peace loving workers of PPP by removing the party banners, posters and opening fir
Published 17 Oct, 2007 12:00am
Chaudhry brothers become D-team of PPP: Ahsan

Chaudhry brothers become D-team of PPP: Ahsan

Pakistan Muslim League-Nawaz Sharif (PML-N) Information Secretary Ahsan Iqbal has said the Chaudhry brothers and their party has become D-team of the Pakistan People's Party (PPP), while Pervez Ellahi used to claim that the PML-N is the PPP's B-team.
Published 17 Oct, 2007 12:00am
Fahim rules out change in Benazir arrival plan

Fahim rules out change in Benazir arrival plan

PPP Acing Chief Makhdoom Amin Fahim has ruled out any change in return plan of Benazir Bhutto and said that government propaganda is aimed at affecting her warm welcome. Talking to a private TV channel, Fahim said Benazir Bhutto will land at Karachi airpo
Published 17 Oct, 2007 12:00am
Benazir offers greetings on Eid-ul-Fitr

Benazir offers greetings on Eid-ul-Fitr

Benazir Bhutto has sent Eid greetings to Muslims throughout the world, and particularly to her Pakistani brothers and sisters. In a statement released by Farhatullah Babar, she said: "Let us on this occasion also bow our heads in gratitude to Allah for bl
Published 17 Oct, 2007 12:00am
'Drastic steps taken to weed out quackery'

'Drastic steps taken to weed out quackery'

Provincial Health Minister Chaudhry Muhammad Iqbal has said that drastic steps have been taken for weeding out the menace of "Quackery" from grassroots level in the Punjab. Talking to Business Recorder here on Monday afternoon, he said.
Published 17 Oct, 2007 12:00am
Heaven will not fall if Benazir and Nawaz come back: Rashid

Heaven will not fall if Benazir and Nawaz come back: Rashid

Federal Railways Minister Sheikh Rashid Ahmed has said that Benazir Bhutto and Nawaz Sharif be allowed to come back to Pakistan. Sheikh Rashid told BBC in an interview. "Nawaz Sharif went abroad under a deal, while Benazir Bhutto was away from the country
Published 17 Oct, 2007 12:00am
Earthquake jolts Manshera and Balakot

Earthquake jolts Manshera and Balakot

An earthquake of mild intensity measuring 4 on Richter scale on Tuesday jolted Manshera and Balakot. According to the preliminary analysis of Meteorological Station Peshawar, the earthquake originated at 04:15 pm and its epicentre was about 200 kilometres
Published 17 Oct, 2007 12:00am
'The Reluctant Fundamentalist' in line for Booker prize

'The Reluctant Fundamentalist' in line for Booker prize

"The Reluctant Fundamentalist", which was in the running for the prestigious Booker Prize Tuesday, is Mohsin Hamid's second novel and treats some of the most pressing issues of the early 21st century.
Published 17 Oct, 2007 12:00am
VCoAS visits field formations in NWFP and Fata

VCoAS visits field formations in NWFP and Fata

General Ashfaq Parvez Kayani, Vice Chief of Army Staff on Tuesday visited field formations deployed in NWFP and Fata. This day-long trip included visits to Malakand, Miranshah, Wana, and Dera Ismail Khan. The visit on the 3rd day of Eid by the Vice Chief
Published 17 Oct, 2007 12:00am
CJCSC, services chiefs call on Prime Minister

CJCSC, services chiefs call on Prime Minister

Chairman Joint Chiefs of Staff Committee (CJCSC) General Tariq Majeed, Chief of the Naval Staff Admiral Muhammad Afzal Tahir, Chief of the Air Staff, Air Chief Marshall Tanwir Mahmood Ahmad and Vice Chief of Army Staff General Ashfaq Parvez Kiyani called
Published 17 Oct, 2007 12:00am
Death anniversary of Liaquat Ali Khan observed

Death anniversary of Liaquat Ali Khan observed

The 56th death anniversary of the first prime minister of Pakistan Quaid-e-Millat Liaquat Ali Khan was observed in the country on Tuesday. In Karachi, Quran Khaani was held at his Mazaar. A number of functions are being arranged by different organisations
Published 17 Oct, 2007 12:00am
Three godowns sealed off

Three godowns sealed off

Following the Supreme Court's orders, Tando Adam police raided three godowns of hoarded wheat and flour at Bangla Road and sealed them off, a report said on Tuesday.
Published 17 Oct, 2007 12:00am
Eid-ul-Fitr celebrated with religious fervour

Eid-ul-Fitr celebrated with religious fervour

Like other parts of the country, Eid-ul-Fitr, the festival of joy and happiness for Muslims, was celebrated here on Sunday with traditional religious fervour. The faithful thronged mosques, open places to offer Eid prayers at over 1000 places in different
Published 17 Oct, 2007 12:00am
Qatar to invest $2.5 billion

Qatar to invest $2.5 billion

A number of companies from Qatar have shown interest to invest $2.5 billion in Pakistan in various sectors like finance, hotel industry, cement plant and power generation. The Chief Executive of Pak-Qatar General Takaful Limited, Waqar-ud-Din, told Radio
Published 17 Oct, 2007 12:00am
Tomato price reaches over Rs 100 per kg

Tomato price reaches over Rs 100 per kg

Price of tomatoes has reached above Rs100 per kg due to short supply and adverse weather conditions. General Secretary Falahi Anjuman Wholesale Vegetable Market Karachi Haji Abdul Rauf Tanoli told a private channel that the rains in Sukkur and Balochistan
Published 17 Oct, 2007 12:00am
Tomato price reaches over Rs 100 per kg

Tomato price reaches over Rs 100 per kg

Price of tomatoes has reached above Rs100 per kg due to short supply and adverse weather conditions. General Secretary Falahi Anjuman Wholesale Vegetable Market Karachi Haji Abdul Rauf Tanoli told a private channel that the rains in Sukkur and Balochistan
Published 17 Oct, 2007 12:00am
Tomato price reaches over Rs 100 per kg

Tomato price reaches over Rs 100 per kg

Price of tomatoes has reached above Rs100 per kg due to short supply and adverse weather conditions. General Secretary Falahi Anjuman Wholesale Vegetable Market Karachi Haji Abdul Rauf Tanoli told a private channel that the rains in Sukkur and Balochistan
Published 17 Oct, 2007 12:00am
Police raid wheat godowns, seize 30,000 bags

Police raid wheat godowns, seize 30,000 bags

The Sindh government has raided wheat godowns in different cities of the province and seized about 30,000 bags of wheat, which were piled up by the hoarders, sources told Business Recorder. These raids were conducted following the directives of Chi
Published 17 Oct, 2007 12:00am
Police raid wheat godowns, seize 30,000 bags

Police raid wheat godowns, seize 30,000 bags

The Sindh government has raided wheat godowns in different cities of the province and seized about 30,000 bags of wheat, which were piled up by the hoarders, sources told Business Recorder. These raids were conducted following the directives of Chi
Published 17 Oct, 2007 12:00am
India may auction 3G spectrum for operators

India may auction 3G spectrum for operators

India will allow all players, including foreign firms, to bid for 3G spectrum if the government decides to go in for an auction, a senior government official said on Tuesday. "The other option is to allot (spectrum)... for which we have worked out a crite
Published 17 Oct, 2007 12:00am
Bush hosts Dalai Lama amid Chinese outrage

Bush hosts Dalai Lama amid Chinese outrage

President George W. Bush hosted the Dalai Lama on Tuesday despite China's warning that US plans to honour the exiled Tibetan spiritual leader could damage relations between Beijing and Washington. Sources in the Dalai Lama's office said the White House ta
Published 17 Oct, 2007 12:00am
Libya among five elected to UNSC

Libya among five elected to UNSC

Libya, Vietnam, Croatia, Costa Rica and Burkina Faso were elected to non-permanent seats on the United Nations Security Council for the years 2008-09 on Tuesday. In the voting for African and Asian seats, Libya, Vietnam and Burkina Faso were unopposed fro
Published 17 Oct, 2007 12:00am
US air-fare increase falters, but shows signs of sticking

US air-fare increase falters, but shows signs of sticking

An industrywide air-fare increase initiated last week by American Airlines faltered over the weekend, but remained mostly intact on Monday, a sign that the trend toward higher fares still has some momentum.
Published 17 Oct, 2007 12:00am
Parliament to be dissolved on November 15: Durrani

Parliament to be dissolved on November 15: Durrani

A caretaker government will be installed next month in a major commitment to holding general elections early in 2008, Information Minister Mohammad Ali Durrani announced on Tuesday. The parliament will be dissolved on November 15, and an interim governmen
Published 17 Oct, 2007 12:00am
Prime Minister offers Eid prayers at Faisal Mosque

Prime Minister offers Eid prayers at Faisal Mosque

Prime Minister Shaukat Aziz offered Eid-ul-Fitr prayers here at the Faisal Mosque. Thousands of faithful from different areas of the twin cities of Rawalpindi and Islamabad, federal ministers, ministers of state, parliamentarians, senior civil and militar
Published 17 Oct, 2007 12:00am
'No government-PPP understanding on NRO'

'No government-PPP understanding on NRO'

Prime Minister Shaukat Aziz has said that there is no government-PPP understanding on the National Reconciliation Ordinance (NRO), as the ordinance is not a party or person specific. "There is no understanding with any individual or specific party and the
Published 17 Oct, 2007 12:00am
Prime Minister says laws to apply on Benazir

Prime Minister says laws to apply on Benazir

Prime Minister Shaukat Aziz Sunday said PPP leader Benazir Bhutto is free to come to Pakistan but laws of the land will apply to her like any other citizen. In an interview with CNN, he said the people had a strong reaction to remove corruption cases agai
Published 17 Oct, 2007 12:00am
Assemblies will complete their term: Shaukat

Assemblies will complete their term: Shaukat

Prime Minister Shaukat Aziz on Sunday reiterated that assemblies would complete their term and a countrywide programme is being chalked out to celebrate the historic achievement. Assemblies would be dissolved before November 15, he said while talking to n
Published 17 Oct, 2007 12:00am
US says nuclear deal with India "not dead"

US says nuclear deal with India "not dead"

The United States said Tuesday that a landmark nuclear accord with India could be salvaged even after Indian Prime Minister Manmohan Singh admitted having trouble pushing the controversial agreement within his coalition government.
Published 17 Oct, 2007 12:00am
Oil surges to record over $88 a barrel

Oil surges to record over $88 a barrel

Oil thundered to a new peak above $88 a barrel on Tuesday as investors eyeing supply concerns and tensions in northern Iraq extended the nine-dollar rally that started last week. The administration of US President George W. Bush said prices were now too h
Published 17 Oct, 2007 12:00am
Oil surges to record over $88 a barrel

Oil surges to record over $88 a barrel

Oil thundered to a new peak above $88 a barrel on Tuesday as investors eyeing supply concerns and tensions in northern Iraq extended the nine-dollar rally that started last week. The administration of US President George W. Bush said prices were now too h
Published 17 Oct, 2007 12:00am
Oil surges to record over $88 a barrel

Oil surges to record over $88 a barrel

Oil thundered to a new peak above $88 a barrel on Tuesday as investors eyeing supply concerns and tensions in northern Iraq extended the nine-dollar rally that started last week. The administration of US President George W. Bush said prices were now too h
Published 17 Oct, 2007 12:00am
Gwadar highlighted as global investors'' future port

Gwadar highlighted as global investors'' future port

Gwadar was highlighted as the future port of global investors at an international conference on ''Free zones, science and technology parks, enterprise zones'', jointly organised by World Free Zone Convention (WFZC) and World Customs Organisation (WCO).
Published 17 Oct, 2007 12:00am
Gwadar highlighted as global investors' future port

Gwadar highlighted as global investors' future port

Gwadar was highlighted as the future port of global investors at an international conference on 'Free zones, science and technology parks, enterprise zones', jointly organised by World Free Zone Convention (WFZC) and World Customs Organisation (WCO).
Published 17 Oct, 2007 12:00am
Gwadar highlighted as global investors' future port

Gwadar highlighted as global investors' future port

Gwadar was highlighted as the future port of global investors at an international conference on 'Free zones, science and technology parks, enterprise zones', jointly organised by World Free Zone Convention (WFZC) and World Customs Organisation (WCO).
Published 17 Oct, 2007 12:00am
Road accidents during Eid claim 18 lives

Road accidents during Eid claim 18 lives

At least 18 persons were killed and over 20 were injured in road mishaps on Eid day (Sunday) and Monday while another four including two women were shot dead, police said. According to details, four persons each died in Khangarh (Muzaffargarh) and Karor-l
Published 17 Oct, 2007 12:00am
Caspian states near final accord, differences remain

Caspian states near final accord, differences remain

The leaders of five Caspian Sea states said on Tuesday they were near agreement on a final accord for sharing the wealth of the hyrdrocarbon and fish-rich inland sea but admitted differences remained.
Published 17 Oct, 2007 12:00am
Caspian states near final accord, differences remain

Caspian states near final accord, differences remain

The leaders of five Caspian Sea states said on Tuesday they were near agreement on a final accord for sharing the wealth of the hyrdrocarbon and fish-rich inland sea but admitted differences remained.
Published 17 Oct, 2007 12:00am
US missile fired 'by accident' in Qatar

US missile fired 'by accident' in Qatar

A Patriot missile was launched accidentally from a US military base in the Gulf state of Qatar, crashing into a farm but causing no casualties, Al-Jazeera television reported on Tuesday. "A Patriot missile landed on a farm belonging to a Qatari national a
Published 17 Oct, 2007 12:00am
Temporary ceasefire reached in Miranshah

Temporary ceasefire reached in Miranshah

Pakistan military and militants have agreed a 'temporary' ceasefire along the Afghan border, a tribal elder said on Tuesday. Elders have been leading talks to try to broker the truce in Miranshah in North Waziristan, after fierce fighting last week that o
Published 17 Oct, 2007 12:00am
Temporary ceasefire reached in Miranshah

Temporary ceasefire reached in Miranshah

Pakistan military and militants have agreed a 'temporary' ceasefire along the Afghan border, a tribal elder said on Tuesday. Elders have been leading talks to try to broker the truce in Miranshah in North Waziristan, after fierce fighting last week that o
Published 17 Oct, 2007 12:00am
Bank of Cyprus denies US laundering charge

Bank of Cyprus denies US laundering charge

Bank of Cyprus on Tuesday denied civil money laundering charges filed against it by US prosecutors, saying the case was legally and factually without merit.
Published 17 Oct, 2007 12:00am
New Latam bank a 'complement' to World Bank

New Latam bank a 'complement' to World Bank

The World Bank does not see the newly created "Bank of the South" as a competitor to fund projects in Latin America, but as a "complement" to other sources of financing the region, a top executive of the Washington-based multilateral institution said on M
Published 17 Oct, 2007 12:00am
German economy weathering banking crisis: surveys

German economy weathering banking crisis: surveys

Germany, the biggest eurozone economy, has been hit by the international credit squeeze but should rebound, although with less vigour than earlier this year, surveys and analysts said Tuesday.
Published 17 Oct, 2007 12:00am
World Bank to give $238 million for power sector

World Bank to give $238 million for power sector

World Bank will provide 238 million dollars for "Electricity Distribution and Transmission Improvement Project" to help increase the efficiency, reliability, and quality of electricity supply by supporting reductions in overall technical and commercial lo
Published 17 Oct, 2007 12:00am
Previous Day