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Print - 2007-11-10
Wapda chief, Pepco managing director wrangling over transfers, postings

Wapda chief, Pepco managing director wrangling over transfers, postings

The newly appointed Chairman of Water and Power Development Authority (Wapda), Shakil Durrani, and Pakistan Electric Power Company (Pepco) Managing Director Munawar Baseer Ahmad are said to have locked horns over transfers and postings issue while the lat
Published 10 Nov, 2007 12:00am
Wapda chief, Pepco managing director wrangling over transfers, postings

Wapda chief, Pepco managing director wrangling over transfers, postings

The newly appointed Chairman of Water and Power Development Authority (Wapda), Shakil Durrani, and Pakistan Electric Power Company (Pepco) Managing Director Munawar Baseer Ahmad are said to have locked horns over transfers and postings issue while the lat
Published 10 Nov, 2007 12:00am
Chief Justices meeting today

Chief Justices meeting today

A meeting of chief justices of the Supreme Court, Federal Shariat Court and four High Courts would be held today (Saturday). This will be the first meeting after the imposition of the emergency and promulgation of Provisional Constitution Order (PCO).
Published 10 Nov, 2007 12:00am
Chief Justices meeting today

Chief Justices meeting today

A meeting of chief justices of the Supreme Court, Federal Shariat Court and four High Courts would be held today (Saturday). This will be the first meeting after the imposition of the emergency and promulgation of Provisional Constitution Order (PCO).
Published 10 Nov, 2007 12:00am
Brazil, Canada renew WTO complaints on US farm subsidies

Brazil, Canada renew WTO complaints on US farm subsidies

Brazil and Canada have both renewed their complaints against agricultural subsidies by the United States, the World Trade Organisation said on Friday. Both countries have requested that their complaints be heard at the next meeting of the WTO''s Dispute S
Published 10 Nov, 2007 12:00am
Brazil, Canada renew WTO complaints on US farm subsidies

Brazil, Canada renew WTO complaints on US farm subsidies

Brazil and Canada have both renewed their complaints against agricultural subsidies by the United States, the World Trade Organisation said on Friday. Both countries have requested that their complaints be heard at the next meeting of the WTO's Dispute Se
Published 10 Nov, 2007 12:00am
Brazil, Canada renew WTO complaints on US farm subsidies

Brazil, Canada renew WTO complaints on US farm subsidies

Brazil and Canada have both renewed their complaints against agricultural subsidies by the United States, the World Trade Organisation said on Friday. Both countries have requested that their complaints be heard at the next meeting of the WTO's Dispute Se
Published 10 Nov, 2007 12:00am
CDB to give $100 million to NBP for project financing

CDB to give $100 million to NBP for project financing

The China Development Bank (CDB) here on Friday signed a MoU with National Bank Of Pakistan (NBP) to provide 100 million dollar credit line to NBP for project financing in Pakistan.
Published 10 Nov, 2007 12:00am
CDB to give $100 million to NBP for project financing

CDB to give $100 million to NBP for project financing

The China Development Bank (CDB) here on Friday signed a MoU with National Bank Of Pakistan (NBP) to provide 100 million dollar credit line to NBP for project financing in Pakistan.
Published 10 Nov, 2007 12:00am
CDB to give $100 million to NBP for project financing

CDB to give $100 million to NBP for project financing

The China Development Bank (CDB) here on Friday signed a MoU with National Bank Of Pakistan (NBP) to provide 100 million dollar credit line to NBP for project financing in Pakistan.
Published 10 Nov, 2007 12:00am
CPNE condemns curbs on media

CPNE condemns curbs on media

The Council of Pakistan Newspaper Editors' Action Committee, headed by CPNE President Syed Fasieh Iqbal, on Friday handed over a memorandum of protest at the Governor House, Sindh. The CPNE delegation included Dr Jabbar Khattak, Mehmood-ul-Aziz, Inqilab M
Published 10 Nov, 2007 12:00am
CPNE condemns curbs on media

CPNE condemns curbs on media

The Council of Pakistan Newspaper Editors' Action Committee, headed by CPNE President Syed Fasieh Iqbal, on Friday handed over a memorandum of protest at the Governor House, Sindh. The CPNE delegation included Dr Jabbar Khattak, Mehmood-ul-Aziz, Inqilab M
Published 10 Nov, 2007 12:00am
Strike grounds 96 Alitalia flights

Strike grounds 96 Alitalia flights

The loss-making Italian flagship airline Alitalia cancelled 96 flights on Friday because of a strike called to protest pension reforms, the airport news agency Telenews reported. They were among 74 flights operated by Alitalia and other airlines that were
Published 10 Nov, 2007 12:00am
Prime Minister's decree saves two Khaleej Times journalists from jail

Prime Minister's decree saves two Khaleej Times journalists from jail

A decree by the prime minister of the United Arab Emirates has saved two journalists from jail, the official WAM news agency reported on Thursday. The journalists from English-language daily Khaleej Times were acquitted by an appeal court after bei
Published 10 Nov, 2007 12:00am
Prime Minister's decree saves two Khaleej Times journalists from jail

Prime Minister's decree saves two Khaleej Times journalists from jail

A decree by the prime minister of the United Arab Emirates has saved two journalists from jail, the official WAM news agency reported on Thursday. The journalists from English-language daily Khaleej Times were acquitted by an appeal court after bei
Published 10 Nov, 2007 12:00am
PPA demands tax holiday for poultry industry

PPA demands tax holiday for poultry industry

Pakistan Poultry Association (PPA) has demanded tax holiday for poultry industry for ensuring its future growth. The demand emerged at the two-days international poultry congress and exhibition organised by PPA here on Friday.
Published 10 Nov, 2007 12:00am
PPA demands tax holiday for poultry industry

PPA demands tax holiday for poultry industry

Pakistan Poultry Association (PPA) has demanded tax holiday for poultry industry for ensuring its future growth. The demand emerged at the two-days international poultry congress and exhibition organised by PPA here on Friday.
Published 10 Nov, 2007 12:00am
PPA demands tax holiday for poultry industry

PPA demands tax holiday for poultry industry

Pakistan Poultry Association (PPA) has demanded tax holiday for poultry industry for ensuring its future growth. The demand emerged at the two-days international poultry congress and exhibition organised by PPA here on Friday.
Published 10 Nov, 2007 12:00am
Pakistan re-elected to UN Ecosoc

Pakistan re-elected to UN Ecosoc

Pakistan was re-elected on Thursday to the Economic and Social Council (Ecosoc), the economic arm of the United Nations, for a three-year term, beginning January 1, 2008. Already on the 54-member council, Pakistan received 177 out of the 188 votes cast in
Published 10 Nov, 2007 12:00am
Americans, Russians favour steep nuclear arms cuts

Americans, Russians favour steep nuclear arms cuts

Despite stormy ties between the United States and Russia, people of the two world powers favour sharply reducing their nuclear arsenals, according to a poll released Friday.
Published 10 Nov, 2007 12:00am
Americans, Russians favour steep nuclear arms cuts

Americans, Russians favour steep nuclear arms cuts

Despite stormy ties between the United States and Russia, people of the two world powers favour sharply reducing their nuclear arsenals, according to a poll released Friday.
Published 10 Nov, 2007 12:00am
Afghan forces reclaim two districts from Taliban

Afghan forces reclaim two districts from Taliban

Security forces retook two remote districts in Afghanistan that had been in control of Taliban rebels for several days, officials said Friday, with at least 10 insurgents killed.
Published 10 Nov, 2007 12:00am
Overseas Chamber praises Pakistan''s economic policies

Overseas Chamber praises Pakistan''s economic policies

Prime Minister Shaukat Aziz said here on Friday that the government''s consistent and transparent policies have established the economy of Pakistan on solid foundation while attracting substantial investment in the country, both from local and foreign inv
Published 10 Nov, 2007 12:00am
Overseas Chamber praises Pakistan's economic policies

Overseas Chamber praises Pakistan's economic policies

Prime Minister Shaukat Aziz said here on Friday that the government's consistent and transparent policies have established the economy of Pakistan on solid foundation while attracting substantial investment in the country, both from local and foreign inve
Published 10 Nov, 2007 12:00am
Overseas Chamber praises Pakistan's economic policies

Overseas Chamber praises Pakistan's economic policies

Prime Minister Shaukat Aziz said here on Friday that the government's consistent and transparent policies have established the economy of Pakistan on solid foundation while attracting substantial investment in the country, both from local and foreign inve
Published 10 Nov, 2007 12:00am
Senate confirms Mukasey as US attorney general

Senate confirms Mukasey as US attorney general

A split senate confirmed Michael Mukasey as United States attorney general despite criticism that he refused to say whether waterboarding - an interrogation method widely considered as torture - was legal.
Published 10 Nov, 2007 12:00am
Senate confirms Mukasey as US attorney general

Senate confirms Mukasey as US attorney general

A split senate confirmed Michael Mukasey as United States attorney general despite criticism that he refused to say whether waterboarding - an interrogation method widely considered as torture - was legal.
Published 10 Nov, 2007 12:00am
Five freedom fighters, four Indian troops killed in IHK

Five freedom fighters, four Indian troops killed in IHK

Five freedom fighters and four Indian soldiers were killed in a long gunbattle in Kashmir, officials said on Friday. The freedom fighters and soldiers, including an army officer, were killed near the town of Patan, north of Kashmir's main city occupied Sr
Published 10 Nov, 2007 12:00am
China sets up fund aimed at reducing greenhouse gases

China sets up fund aimed at reducing greenhouse gases

China Friday launched a fund to steer money from the sale of emission-reduction credits into environmental projects in an attempt to curb its enormous output of greenhouse gases.
Published 10 Nov, 2007 12:00am
BHP's Rio offer may spark $170 billion bid war

BHP's Rio offer may spark $170 billion bid war

Rio Tinto Ltd/Plc's rejection of a $140 billion all-share offer from BHP Billiton Ltd/Plc is likely to trigger rival bids from resource companies awash with cash from record commodity and stock prices.
Published 10 Nov, 2007 12:00am
20,000 police deployed to stop Benazir from holding public meeting

20,000 police deployed to stop Benazir from holding public meeting

Rawalpindi was under siege on Friday and more than 20,000 policemen were deployed to stop Benazir Bhutto from holding public meeting at Liaquat Bagh. Police fired rubber bullets and resorted to shelling and baton charge to disperse PPP workers chanting an
Published 10 Nov, 2007 12:00am
Four killed in suicide attack on Amir Muqaam's house

Four killed in suicide attack on Amir Muqaam's house

Four persons, including three security personnel, and the suicide bomber himself, were killed and dozens others sustained injuries in a suicide attack on the residence of Federal Minister for Political Affairs Amir Muqaam in Hayatabad Township here on Fri
Published 10 Nov, 2007 12:00am
Four killed in suicide attack on Amir Muqaam's house

Four killed in suicide attack on Amir Muqaam's house

Four persons, including three security personnel, and the suicide bomber himself, were killed and dozens others sustained injuries in a suicide attack on the residence of Federal Minister for Political Affairs Amir Muqaam in Hayatabad Township here on Fri
Published 10 Nov, 2007 12:00am
Energy security targets missed

Energy security targets missed

The government has missed all key targets for energy security as even after full two years its progress in 17 areas, covering from import of LNG, natural gas, and electricity to induction of Pakistan Atomic Energy Commission (PAEC) for uranium in Thar is
Published 10 Nov, 2007 12:00am
Energy security targets missed

Energy security targets missed

The government has missed all key targets for energy security as even after full two years its progress in 17 areas, covering from import of LNG, natural gas, and electricity to induction of Pakistan Atomic Energy Commission (PAEC) for uranium in Thar is
Published 10 Nov, 2007 12:00am
Energy security targets missed

Energy security targets missed

The government has missed all key targets for energy security as even after full two years its progress in 17 areas, covering from import of LNG, natural gas, and electricity to induction of Pakistan Atomic Energy Commission (PAEC) for uranium in Thar is
Published 10 Nov, 2007 12:00am
KICT bound to accept customs delay, detention certificate: FTO

KICT bound to accept customs delay, detention certificate: FTO

The Federal Tax Ombudsman, former Justice Munir A. Sheikh, has ruled that KICT operators/port authorities are bound to accept the Delay and Detention Certificate issued by the Customs and waive the demurrage charges.
Published 10 Nov, 2007 12:00am
KICT bound to accept customs delay, detention certificate: FTO

KICT bound to accept customs delay, detention certificate: FTO

The Federal Tax Ombudsman, former Justice Munir A. Sheikh, has ruled that KICT operators/port authorities are bound to accept the Delay and Detention Certificate issued by the Customs and waive the demurrage charges.
Published 10 Nov, 2007 12:00am
KICT bound to accept customs delay, detention certificate: FTO

KICT bound to accept customs delay, detention certificate: FTO

The Federal Tax Ombudsman, former Justice Munir A. Sheikh, has ruled that KICT operators/port authorities are bound to accept the Delay and Detention Certificate issued by the Customs and waive the demurrage charges.
Published 10 Nov, 2007 12:00am
Ziquad moon may be sighted on November 11

Ziquad moon may be sighted on November 11

The new Ziquad moon may be sighted tomorrow (Sunday). According to astronomical parameters, there is a fair chance of sighting the Ziqaud moon on Sunday. Therefore, Ziquad One, 1428 AH should fall on Monday. The moon crossed the conjunction line today (Sa
Published 10 Nov, 2007 12:00am
Ziquad moon may be sighted on November 11

Ziquad moon may be sighted on November 11

The new Ziquad moon may be sighted tomorrow (Sunday). According to astronomical parameters, there is a fair chance of sighting the Ziqaud moon on Sunday. Therefore, Ziquad One, 1428 AH should fall on Monday. The moon crossed the conjunction line today (Sa
Published 10 Nov, 2007 12:00am
ADB to fund 171 megawatts gas-fired plant near Daharki

ADB to fund 171 megawatts gas-fired plant near Daharki

The Asian Development Bank (ADB) has approved a gas-fired power plant for Pakistan that would provide additional low-cost electricity to consumers to address the looming power shortage. The project involves development of a 171-megawatt combined cycle low
Published 10 Nov, 2007 12:00am
ADB to fund 171 megawatts gas-fired plant near Daharki

ADB to fund 171 megawatts gas-fired plant near Daharki

The Asian Development Bank (ADB) has approved a gas-fired power plant for Pakistan that would provide additional low-cost electricity to consumers to address the looming power shortage. The project involves development of a 171-megawatt combined cycle low
Published 10 Nov, 2007 12:00am
ADB to fund 171 megawatts gas-fired plant near Daharki

ADB to fund 171 megawatts gas-fired plant near Daharki

The Asian Development Bank (ADB) has approved a gas-fired power plant for Pakistan that would provide additional low-cost electricity to consumers to address the looming power shortage. The project involves development of a 171-megawatt combined cycle low
Published 10 Nov, 2007 12:00am
US Consul General urges Musharraf to restore democracy

US Consul General urges Musharraf to restore democracy

United States Consul General in Lahore Bryan Hunt has said his country remains committed to supporting free, fair, and credible elections in Pakistan and urges President Pervez Musharraf to restore democracy. He made his comment here on Friday after he me
Published 10 Nov, 2007 12:00am
Germany urges release of Benazir

Germany urges release of Benazir

Germany on Friday urged the immediate release of former Pakistani premier Benazir Bhutto from house arrest and other political activists detained in recent days. "The German government calls on the Pakistani leadership to end the house arrest of Benazir B
Published 10 Nov, 2007 12:00am
Iran's Shah was also a pivotal US ally

Iran's Shah was also a pivotal US ally

"The United States has backed the wrong horse in Pakistan and that's like the situation with the Shah in pre-Revolutionary Iran," said Syed Hasnat, a scholar at Washington's Middle East Institute. "It's not too late to amend policy, but this is the crunch
Published 10 Nov, 2007 12:00am
Iran's Shah was also a pivotal US ally

Iran's Shah was also a pivotal US ally

"The United States has backed the wrong horse in Pakistan and that's like the situation with the Shah in pre-Revolutionary Iran," said Syed Hasnat, a scholar at Washington's Middle East Institute. "It's not too late to amend policy, but this is the crunch
Published 10 Nov, 2007 12:00am
Mandela and Carter condemn emergency rule

Mandela and Carter condemn emergency rule

A group of former world leaders including Nelson Mandela and Jimmy Carter has denounced President Pervez Musharraf for imposing emergency rule and suspending the constitution.
Published 10 Nov, 2007 12:00am
Mandela and Carter condemn emergency rule

Mandela and Carter condemn emergency rule

A group of former world leaders including Nelson Mandela and Jimmy Carter has denounced President Pervez Musharraf for imposing emergency rule and suspending the constitution.
Published 10 Nov, 2007 12:00am
The Weather

The Weather

The weather report on Friday (November 09, 2007) and the forecast for Saturday (November 10, 2007).
Published 10 Nov, 2007 12:00am
Britain 'very worried'

Britain 'very worried'

Britain is "very worried" about the latest developments in Pakistan, the Foreign Office said on Friday, after opposition leader Benazir Bhutto was put under house arrest. "We are very worried by the developments in Pakistan this morning which underline th
Published 10 Nov, 2007 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 10 Nov, 2007 12:00am
Britain 'very worried'

Britain 'very worried'

Britain is "very worried" about the latest developments in Pakistan, the Foreign Office said on Friday, after opposition leader Benazir Bhutto was put under house arrest. "We are very worried by the developments in Pakistan this morning which underline th
Published 10 Nov, 2007 12:00am
BBC and CNN disappear

BBC and CNN disappear

International television news channels BBC and CNN went off the air again on Friday as opposition leader Benazir Bhutto was placed under house arrest ahead of a protest rally. Authorities stopped cable operators from broadcasting international and private
Published 10 Nov, 2007 12:00am
BBC and CNN disappear

BBC and CNN disappear

International television news channels BBC and CNN went off the air again on Friday as opposition leader Benazir Bhutto was placed under house arrest ahead of a protest rally. Authorities stopped cable operators from broadcasting international and private
Published 10 Nov, 2007 12:00am
Benazir Bhutto blocked

Benazir Bhutto blocked

Benazir Bhutto said here on Friday that she was struggling to save Pakistan from becoming another Iraq, when police besieged her residence and disallowed her from going to address a public rally in Liaquat Bagh, Rawalpindi, and served her house arrest not
Published 10 Nov, 2007 12:00am
Benazir Bhutto blocked

Benazir Bhutto blocked

Benazir Bhutto said here on Friday that she was struggling to save Pakistan from becoming another Iraq, when police besieged her residence and disallowed her from going to address a public rally in Liaquat Bagh, Rawalpindi, and served her house arrest not
Published 10 Nov, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (November 09, 2007).

Published 10 Nov, 2007 12:00am
Dollar selling price higher

Dollar selling price higher

The rupee was stable versus dollar in the local currency markets here on Friday. Currency dealers said dollar's buying rate remained unchanged though its selling price showed a 10-paisa increase compared with the local unit.
Published 10 Nov, 2007 12:00am
Dollar selling price higher

Dollar selling price higher

The rupee was stable versus dollar in the local currency markets here on Friday. Currency dealers said dollar's buying rate remained unchanged though its selling price showed a 10-paisa increase compared with the local unit.
Published 10 Nov, 2007 12:00am
New York cotton

New York cotton

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

Published 10 Nov, 2007 12:00am
KSE wants government to lift CFS cap, extend CGT exemption period

KSE wants government to lift CFS cap, extend CGT exemption period

The board of directors of Karachi Stock Exchange (KSE) and leading brokers have proposed to the Prime Minister to lift continuous funding system (CFS) cap and extend the exemption period of capital gain tax (CGT) to boost the investors'' confidence in the
Published 10 Nov, 2007 12:00am
New York cotton

New York cotton

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

Published 10 Nov, 2007 12:00am
KSE wants government to lift CFS cap, extend CGT exemption period

KSE wants government to lift CFS cap, extend CGT exemption period

The board of directors of Karachi Stock Exchange (KSE) and leading brokers have proposed to the Prime Minister to lift continuous funding system (CFS) cap and extend the exemption period of capital gain tax (CGT) to boost the investors' confidence in the
Published 10 Nov, 2007 12:00am
KSE wants government to lift CFS cap, extend CGT exemption period

KSE wants government to lift CFS cap, extend CGT exemption period

The board of directors of Karachi Stock Exchange (KSE) and leading brokers have proposed to the Prime Minister to lift continuous funding system (CFS) cap and extend the exemption period of capital gain tax (CGT) to boost the investors' confidence in the
Published 10 Nov, 2007 12:00am
BRIDGE NOTES: The US ladies bridge team wins Venice Cup 2007

BRIDGE NOTES: The US ladies bridge team wins Venice Cup 2007

The World Bridge Championship held in Shanghai, China, was another year for the US ladies team in the chain of success in the Venice Cup. Ever since the introduction of Venice Cup in 1974, for exclusive ladies bridge teams along with the Bermuda Bowl, whi
Published 10 Nov, 2007 12:00am
Merck settles Vioxx claims for $4.85 billion

Merck settles Vioxx claims for $4.85 billion

Merck & Co has agreed to pay $4.85 billion to settle claims that its painkiller Vioxx caused heart attacks and strokes in thousands of users, the drugmaker said on Friday. The agreement covers lawsuits filed against the company in US courts, resolving a m
Published 10 Nov, 2007 12:00am
Merck settles Vioxx claims for $4.85 billion

Merck settles Vioxx claims for $4.85 billion

Merck & Co has agreed to pay $4.85 billion to settle claims that its painkiller Vioxx caused heart attacks and strokes in thousands of users, the drugmaker said on Friday. The agreement covers lawsuits filed against the company in US courts, resolving a m
Published 10 Nov, 2007 12:00am
TV THOUGHTS: The ban on TV news channels, and the credibility crash

TV THOUGHTS: The ban on TV news channels, and the credibility crash

Sometimes one battles within oneself. With oneself. I did that too. A part of me kept hoping that by the time I got down to writing this column the ban on the TV news channels would have been lifted, and the situation back to "normal".
Published 10 Nov, 2007 12:00am
Merck settles Vioxx claims for $4.85 billion

Merck settles Vioxx claims for $4.85 billion

Merck & Co has agreed to pay $4.85 billion to settle claims that its painkiller Vioxx caused heart attacks and strokes in thousands of users, the drugmaker said on Friday. The agreement covers lawsuits filed against the company in US courts, resolving a m
Published 10 Nov, 2007 12:00am
LAHORE CULTURAL DIARY: Old Walled city of Lahore through paintings

LAHORE CULTURAL DIARY: Old Walled city of Lahore through paintings

Professor Azra Minhas wife of late Aslam Minhas, the founder of Fine Arts Department at Government College University, Lahore inaugurated Dr Aijaz Anwar's exhibition of sixteen paintings, 24 prints and three books, which depicted life in old walled city o
Published 10 Nov, 2007 12:00am
US fears unrest could curb anti-terror war

US fears unrest could curb anti-terror war

US Defence Secretary Robert Gates said on Friday he was concerned that instability in Pakistan could distract Pakistani forces from anti-terrorist operations. Gates said Musharraf had been an important US ally in President George W. Bush's "war on terror"
Published 10 Nov, 2007 12:00am
Can music be used for national integration

Can music be used for national integration

"It is an exciting story", wrote Dr Curt Sachs, a world renowned American musicologist in his book The Rise of Music in the Ancient World - East and West,"how music has for thousands of years been held in balance between the basic facts that, on the one h
Published 10 Nov, 2007 12:00am
US fears unrest could curb anti-terror war

US fears unrest could curb anti-terror war

US Defence Secretary Robert Gates said on Friday he was concerned that instability in Pakistan could distract Pakistani forces from anti-terrorist operations. Gates said Musharraf had been an important US ally in President George W. Bush's "war on terror"
Published 10 Nov, 2007 12:00am
'Insurance, the Gateway to Prosperity'

'Insurance, the Gateway to Prosperity'

As mentioned in the Preface of the book, "it is a compilation of Chishti's writings over a number of years". In fact, it is a reproduction of his articles, published in the newspapers of Karachi during a period of four years - to be precise, from June 200
Published 10 Nov, 2007 12:00am
60 soldiers released by militants in Swat

60 soldiers released by militants in Swat

Militants said Friday they had released 60 paramilitary troops that had surrendered to them hours ago in Swat. The soldiers from the Frontier Corps came under siege at a checkpoint in the Daroosh area by dozens of heavily armed rebels on Thursday evening
Published 10 Nov, 2007 12:00am
A travelogue about China

A travelogue about China

Malik Ashfaq is an experienced writer, who has so far translated twelve books from English into Urdu, including six on major religions of the world - Islam, Christianity, Buddhism, Taoism, Hinduism and Judaism, which have been well received by discerning
Published 10 Nov, 2007 12:00am
60 soldiers released by militants in Swat

60 soldiers released by militants in Swat

Militants said Friday they had released 60 paramilitary troops that had surrendered to them hours ago in Swat. The soldiers from the Frontier Corps came under siege at a checkpoint in the Daroosh area by dozens of heavily armed rebels on Thursday evening
Published 10 Nov, 2007 12:00am
CAPITAL CULTURAL SCENE: The role of national library

CAPITAL CULTURAL SCENE: The role of national library

In previous columns the pathetic state of book culture with special reference to the degenerating library culture was discussed. It was also mentioned that the National Library of Pakistan, due to its location in a high security zone has almost lost its a
Published 10 Nov, 2007 12:00am
The time value of money in Islamic banking

The time value of money in Islamic banking

Unlike conventional banking based on interest-bearing loans, funds invested in an Islamic bank are used essentially for trade. The Holy Quran clearly mentions riba in a number of places (Surah Ar-Rum, Al-Imran, An-Nisa, and Al-Baqra), with a very strong v
Published 10 Nov, 2007 12:00am
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