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Print - 2007-11-30
Dollar loses

Dollar loses

The dollar edged lower against the euro and trimmed gains versus other European currencies on Wednesday as comments from a Federal Reserve official and a key economic report affirmed expectations for further rate cuts. The US currency, however, posted ste
Published 30 Nov, 2007 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 68.60/68.61 (previous 68.60/68.61). Call Money Rates: 6.50-10.50 percent (previous 6.50-10.50 percent.
Published 30 Nov, 2007 12:00am
Australian dollar retreats from week highs

Australian dollar retreats from week highs

The Australian dollar retreated from one-week highs against the US currency and Japanese yen on Thursday as lingering worries about a global slowdown and weaker domestic data than expected prompted investors to pare holdings.
Published 30 Nov, 2007 12:00am
Asian currencies: peso see-saws on flows, mutiny attempt

Asian currencies: peso see-saws on flows, mutiny attempt

The Philippine peso grabbed the spotlight in Asian trading on Thursday, as it swung back and forth from a 7-year high boosted by prospective foreign investment flows and then hurt by news of a military mutiny bid. Other Asian currencies rose, underpinned
Published 30 Nov, 2007 12:00am
Swiss franc falls versus dollar

Swiss franc falls versus dollar

The Swiss franc lost ground against the dollar on Thursday as a return of risk appetite pushed stock markets higher. European bourses looked set to follow stocks in the United States, where the Dow Jones industrial average notched up its biggest percentag
Published 30 Nov, 2007 12:00am
Roddick, Blake look to beat Russia

Roddick, Blake look to beat Russia

Andy Roddick and James Blake have never lost to Nikolay Davydenko and they don't intend to start now with the Davis Cup title at stake. Fourth-ranked Roddick and 13th-rated Blake lead the Americans, seeking to stretch their record title total to 32, again
Published 30 Nov, 2007 12:00am
Rebel Indian league offers huge rewards

Rebel Indian league offers huge rewards

Organisers of a rebel Twenty20 league in India on Thursday offered a massive 3.85 million dollars in prize money, claiming it to be the biggest booty ever offered in a cricket tournament.
Published 30 Nov, 2007 12:00am
Police close Woolmer case after open verdict

Police close Woolmer case after open verdict

Jamaican police closed their investigation into the shock death of Pakistan cricket coach Bob Woolmer in the middle of the World Cup last March after a jury handed down an open verdict in the case. After a lengthy investigation an 11-member inquest jury W
Published 30 Nov, 2007 12:00am
Portsmouth manager Redknapp arrested

Portsmouth manager Redknapp arrested

Portsmouth manager Harry Redknapp and chief executive Peter Storrie were among five people arrested on Wednesday by police investigating corruption in football, the Premier League club said.
Published 30 Nov, 2007 12:00am
Yasir Arafat to replace Umar Gul

Yasir Arafat to replace Umar Gul

All-rounder Yasir Arafat will replace injured fast bowler Umar Gul in the Pakistan squad preparing for the second test against India starting in Kolkata on Friday. Pakistan selector Saleem Jaffer told Reuters Arafat would fly to India on Thursday night an
Published 30 Nov, 2007 12:00am
Malik outlines injury woes; Kumble vows to wrap up series

Malik outlines injury woes; Kumble vows to wrap up series

Fast bowler Umar Gul will return home after failing to recover from a back injury, adding to Pakistan's fitness problems on the eve of the crucial second Test against India here on Thursday. Pakistan, seeking to avoid their first Test series loss in India
Published 30 Nov, 2007 12:00am
China wary on international climate goals: official

China wary on international climate goals: official

Beijing is reluctant to set itself international targets to fight climate change without financial assistance from industrialised countries, a senior climate change official, Gao Guangsheng, said on Thursday.
Published 30 Nov, 2007 12:00am
Wafer-thin 'Orange' coalition formed in Ukraine

Wafer-thin 'Orange' coalition formed in Ukraine

Parties linked with Ukraine's "Orange Revolution" formed a wafer-thin majority coalition in parliament on Thursday, with former prime minister Yulia Tymoshenko due to get her job back once a government is formed.
Published 30 Nov, 2007 12:00am
Ivory Coast rebels, army to disarm from December 22

Ivory Coast rebels, army to disarm from December 22

Ivory Coast government troops and rebels controlling the country's north will start to disarm by December 22 before forming a new national army, a foreign peace mediator said on Thursday.
Published 30 Nov, 2007 12:00am
Chavez in close Venezuela vote to expand powers

Chavez in close Venezuela vote to expand powers

President Hugo Chavez needs to rely on a vast get-out-the-vote machine to avoid an unprecedented defeat when Venezuelans cast ballots on Sunday in a referendum on letting him run for re-election indefinitely. Used to winning votes easily, the self-styled
Published 30 Nov, 2007 12:00am
Korea defence chiefs fail to agree joint fishing zone

Korea defence chiefs fail to agree joint fishing zone

Defence ministers from the two Koreas failed to reach an agreement on Thursday on a joint fishing area in disputed waters off their western coasts, a key reconciliation step sought at a summit in October.
Published 30 Nov, 2007 12:00am
More work needed to hit UN world school goal

More work needed to hit UN world school goal

The number of children out of school worldwide has fallen by one-quarter to 72 million from 1999 to 2005 but much more work needs to be done to meet a UN goal of education for all by 2015, a report said on Thursday.
Published 30 Nov, 2007 12:00am
Russian businessman gets jail

Russian businessman gets jail

A Russian court sentenced self-exiled Russian businessman and Kremlin critic Boris Berezovsky in absentia on Thursday to six years in prison for embezzling millions of dollars from Aeroflot airline.
Published 30 Nov, 2007 12:00am
UK summons Sudanese ambassador

UK summons Sudanese ambassador

Britain said on Thursday that a teacher charged with insulting Islam had made an innocent mistake and urged "common sense" to prevail as it called in the Sudanese ambassador. Foreign Secretary David Miliband made the comments as Gillian Gibbons appeared i
Published 30 Nov, 2007 12:00am
'US resolved subsidy dispute with China at WTO'

'US resolved subsidy dispute with China at WTO'

The United States has resolved a dispute with China over that country's industrial subsidies, which Washington had challenged at the World Trade Organisation, the top US trade official said on Thursday.
Published 30 Nov, 2007 12:00am
OSCE meeting opens

OSCE meeting opens

Europe's security watchdog OSCE opened its annual meeting here Thursday with the focus on Kazakhstan's bid to chair the group and Russia's threat to withdraw from a key arms control treaty.
Published 30 Nov, 2007 12:00am
Lavrov accuses US of risking OSCE future

Lavrov accuses US of risking OSCE future

Russian Foreign Minister Sergei Lavrov accused Washington on Thursday of threatening the future of the Organisation for Security and Cooperation in Europe (OSCE) by rejecting reform of its election monitoring arm.
Published 30 Nov, 2007 12:00am
Lebanon to delay vote again

Lebanon to delay vote again

Lebanese leaders will put off a presidential election set for Friday for a sixth time to allow for talks focusing on the army chief's nomination for a post now vacant for a week, political sources said on Thursday.
Published 30 Nov, 2007 12:00am
Extra troops deployed in Kosovo's north

Extra troops deployed in Kosovo's north

A Nato commander said on Thursday that extra US forces were being deployed in Kosovo's Serb-dominated north as tensions rise there after the collapse of independence talks. Based at Camp Nothing Hill, the 90 soldiers were reinforcing some 2,800 peacekeepe
Published 30 Nov, 2007 12:00am
Gun crime crackdown starts in UK

Gun crime crackdown starts in UK

Hundreds of real and imitation firearms were seized during a nationwide "Day of Action" aimed at tackling violent crime among young people, the Home Office said on Thursday.
Published 30 Nov, 2007 12:00am
Australia's Rudd names cabinet, signals change

Australia's Rudd names cabinet, signals change

Australia's prime minister-elect Kevin Rudd unveiled his cabinet Thursday, prioritising education, industrial relations and the environment in a break with conservative predecessor John Howard's legacy.
Published 30 Nov, 2007 12:00am
Sarkozy says 'thugocracy' behind French riots

Sarkozy says 'thugocracy' behind French riots

Riots which hit a Paris suburb this week were the work of a "thugocracy" of criminals and not the result of social deprivation, French President Nicolas Sarkozy said on Thursday.
Published 30 Nov, 2007 12:00am
EU and Iran hold final talks

EU and Iran hold final talks

EU foreign policy chief Javier Solana will cast final judgement on Friday on whether Iran might be willing to suspend sensitive nuclear activities, with new UN sanctions seeming all but inevitable.
Published 30 Nov, 2007 12:00am
'IAEA sealing Russian nuclear-fuel bound for Iran'

'IAEA sealing Russian nuclear-fuel bound for Iran'

Inspectors from the International Atomic Energy Agency (IAEA) are set on Thursday to finish sealing uranium fuel that Russia intends to send to Iran's first atomic power station, a Russian nuclear official said.
Published 30 Nov, 2007 12:00am
Sterling dips

Sterling dips

Sterling fell against the dollar and the euro on Thursday as data continued to paint a negative picture of the UK economy, underpinning expectations that the Bank of England could cut rates as early as next month.
Published 30 Nov, 2007 12:00am
Dollar rises versus majors in London

Dollar rises versus majors in London

The dollar rose broadly on Thursday as investors bet that the likelihood of more US interest rate cuts will help avoid a recession and attract more dollar-positive inflows into the US equity market. Traders said moves were exaggerated by low liquidity, wi
Published 30 Nov, 2007 12:00am
Indian rupee rises

Indian rupee rises

The Indian rupee moved up on Thursday, as investors bought the local unit on expectations that a possible rate cut by the US Federal Reserve would draw capital inflows into the fast-growing economy, dealers said. The rupee ended at 39.75/76 per dollar, st
Published 30 Nov, 2007 12:00am
US Stocks: Thursday's midday trade

US Stocks: Thursday's midday trade

US stocks were little changed on Thursday as conflicting reports on the economy and a pullback in financial shares offset a rise in shares of energy companies, including Exxon Mobil Corp Disappointing retail profits also weighed on the market.
Published 30 Nov, 2007 12:00am
Crossover index seven basis points tighter

Crossover index seven basis points tighter

European credit spreads tightened on Thursday, giving up some earlier gains as credit-specific headlines shifted investor attention towards gains in equity markets. By 1630 GMT, the iTraxx Crossover index, made up of 50 mostly "junk"-rated credits, was at
Published 30 Nov, 2007 12:00am
Crossover index seven basis points tighter

Crossover index seven basis points tighter

European credit spreads tightened on Thursday, giving up some earlier gains as credit-specific headlines shifted investor attention towards gains in equity markets. By 1630 GMT, the iTraxx Crossover index, made up of 50 mostly "junk"-rated credits, was at
Published 30 Nov, 2007 12:00am
Indian shares move up

Indian shares move up

Indian share prices closed up 0.34 percent on Thursday, trimming gains after regional markets surged on a powerful Wall Street rally overnight, dealers said. They said banking, power and property stocks rose as the market snapped two days of losses.
Published 30 Nov, 2007 12:00am
Malaysian shares higher

Malaysian shares higher

Malaysian share prices closed 0.6 percent higher on Thursday, tracking regional gains as Wall Street continued to rally on hopes of a US interest rate cut next month, dealers said. The Kuala Lumpur Composite Index rose 7.74 points at 1,374.32, off a high
Published 30 Nov, 2007 12:00am
Thai shares up

Thai shares up

Thai share prices closed 2.96 percent higher on Thursday in line with regional bourses, fuelled by gains on Wall Street overnight amid hope of an interest rate cut in the US, dealers said.
Published 30 Nov, 2007 12:00am
UK's top share index extend gains

UK's top share index extend gains

Britain's top share index extended gains on Thursday as bid talk and higher copper prices boosted miners but fears of more trouble in the credit market brought markets back from the day's highs. The FTSE 100 index closed 0.7 percent higher at 6,349.1, its
Published 30 Nov, 2007 12:00am
US wheat rally gets second wind

US wheat rally gets second wind

US wheat futures continue to find support from a tight world supply situation, and old-crop contracts representing the 2007 harvest may get a chance to revisit the all-time highs set in September. Two weeks ago, it looked like the historic wheat rally of
Published 30 Nov, 2007 12:00am
London coffee and cocoa up; sugar weakens

London coffee and cocoa up; sugar weakens

Robusta coffee futures ended higher on Thursday, boosted by speculative and fund buying as the market rebounded from recent weakness, dealers said. Cocoa also finished higher with the market threatening to finally break out of its recent narrow range whil
Published 30 Nov, 2007 12:00am
Oil falls back after surge on pipeline explosion

Oil falls back after surge on pipeline explosion

Oil rose slightly on Thursday, giving back nearly all of its early gains after Enbridge Pipeline said its fire-damaged crude pipeline in Minnesota could restart within days. An explosion along the Canada-to-United States pipeline, which supplies more than
Published 30 Nov, 2007 12:00am
Wider nutrition labelling system likely

Wider nutrition labelling system likely

A new system for scoring the nutritional value of foods will find its way to grocery store shelves next year, the latest attempt to come up with a standard way to make healthier food choices. The Overall Nutritional Quality Index (ONQI) was developed by a
Published 30 Nov, 2007 12:00am
New York cotton futures rebound

New York cotton futures rebound

Cotton futures settled easier on Thursday on speculative liquidation to scuttle a brief recovery in the market, with brokers saying the failure could nudge the market lower into next week. ICE Futures open-outcry March cotton contract dropped 0.89 cent to
Published 30 Nov, 2007 12:00am
Chinese copper use to remain robust

Chinese copper use to remain robust

China's usage of copper is expected to grow faster than the rest of the world in 2007 and 2008, underscoring the strength of the country's appetite for the industrial metal, a global study group said on Tuesday. Top consumer China needs more of the metal,
Published 30 Nov, 2007 12:00am
Copper hits two-week high

Copper hits two-week high

Copper hit a two-week high on Thursday as investors bought on growing speculation of rate cuts in the United States, which could help boost economic growth and demand for industrial metals.
Published 30 Nov, 2007 12:00am
Gold slips below $800

Gold slips below $800

Gold slipped below $800 an ounce on Thursday as the dollar rose, dulling the metal's attraction for non-US investors, but was locked in a tight range and supported by high oil prices, traders and analysts said. Spot gold slipped to $795.90/796.60 per ounc
Published 30 Nov, 2007 12:00am
US MIDDAY: coffee and cocoa up

US MIDDAY: coffee and cocoa up

New York cocoa futures shot up in early trade on Thursday on a stronger dollar and speculative buying, while Arabica futures were slightly higher, traders said. "There's just been all of a sudden some spec buying coming in. The industry's been buying and
Published 30 Nov, 2007 12:00am
US MIDDAY: sugar sags

US MIDDAY: sugar sags

Raw sugar futures slipped in early deals on Thursday as options-related pressure spilled into speculative sales in the ring to abruptly cut short a recovery in the previous session, brokers said. ICE Futures electronic March sugar fell 0.09 cent to 9.85 c
Published 30 Nov, 2007 12:00am
US MIDDAY: wheat rises

US MIDDAY: wheat rises

Wheat futures on the Chicago Board of Trade were higher early on Thursday on strong US export sales and news that Pakistan was seeking wheat, traders said. State-run Trading Corp of Pakistan issued a tender to import 200,000 tonnes of wheat.
Published 30 Nov, 2007 12:00am
US MIDDAY: corn firms

US MIDDAY: corn firms

Corn futures at the Chicago Board of Trade were firm early on Thursday with the market buoyed by a big number for corn in USDA's export sales report, traders said. At 10:25 am CST (1625 GMT), CBOT corn was up 1-1/4 cents per bushel to down 1/2, with Decem
Published 30 Nov, 2007 12:00am
US MIDDAY: soyabeans higher

US MIDDAY: soyabeans higher

Soyabean futures at the Chicago Board of Trade were holding firm early on Thursday, lifted by strong weekly export sales data and friendly monthly crush figures, traders said. At 10:37 am CST (1637 GMT), CBOT soya was up 12 to down 1/4 cent per bushel, wi
Published 30 Nov, 2007 12:00am
US MIDDAY: copper climbs

US MIDDAY: copper climbs

US copper futures climbed to their highest levels in two weeks early on Thursday, with strong Asian buying overnight and expectations of a US rate cut next month improving the metal's recently battered sentiment, analysts said.
Published 30 Nov, 2007 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold futures in New York fell in choppy trade early on Thursday for a third straight session on the back of a dollar rise and selling related to the start of delivery period for December futures. "As the dollar begins to rally, hyou are going to see the g
Published 30 Nov, 2007 12:00am
Fruits of experience

Fruits of experience

Every day I am confronted with the problem of age of my fellow mariners who are considered not suitable for 1st class employment by shipping companies after 50 years, although there is shortage of 10,000 officers in maritime industry, thus employers are r
Published 30 Nov, 2007 12:00am
Sadr militia lies low in Baghdad bastion

Sadr militia lies low in Baghdad bastion

Nearly three months after Shiite cleric Moqtada al-Sadr suspended the activities of his Mahdi Army militia, fighters loyal to him are lying low in his Baghdad bastion of Sadr City. Gone are the Kalashnikov-toting militants dressed in black who used to man
Published 30 Nov, 2007 12:00am
Iranians say sanctions hurt them, not government

Iranians say sanctions hurt them, not government

Ali Ganjineh, an Iranian petroleum engineer working abroad, has saved enough money to buy a $300,000 house in his homeland. But UN and other sanctions prevent him from sending the funds to Tehran, so his planned home purchase has fallen victim to the Isla
Published 30 Nov, 2007 12:00am
Evolution and revolution in marketing

Evolution and revolution in marketing

The reason for emphasising evolutionary and revolutionary role in marketing has become important mainly because of continuous improvement in the technology of production, transportation and communication and greater development in sociology and psychology
Published 30 Nov, 2007 12:00am
PIA needs to do more

PIA needs to do more

It comes as good news that the European Union has lifted the ban it had imposed some time ago on our national carrier PIA's flights. The news is not good enough, though, to call for celebration. The fact of the matter is that the EU had blacklisted the ai
Published 30 Nov, 2007 12:00am
Musharraf's second term

Musharraf's second term

A grim-looking President Pervez Musharraf took oath for his second term on Thursday before an a equally sober gathering that clapped the only time when he told the West that "we want democracy, civil liberties and human rights but we will do it our way".
Published 30 Nov, 2007 12:00am
LSE, Rothschild sign agreement

LSE, Rothschild sign agreement

The Lahore Stock Exchange (LSE) on Thursday signed an agreement with Rothschild of Britain and Abacus to appoint the latter as financial advisors for the demutualisation. LSE demutualisation committee convenor Afzal Rahat and Michael Helou of Rothschild i
Published 30 Nov, 2007 12:00am
Unifem sets up programme office

Unifem sets up programme office

United Nations Development Fund for Women (Unifem) has set up a Programme Office in Pakistan on the request of the government and United Nations country team.
Published 30 Nov, 2007 12:00am
NCPSCs to be held in December

NCPSCs to be held in December

National Police Safety Commission (NPSC) on Thursday decided to hold a National Conference of Public Safety Commissions (NCPSCs) in Pakistan in the last week of December 2007 with the support of Asian Development Bank (ADB).
Published 30 Nov, 2007 12:00am
'100 tube wells installed in six years'

'100 tube wells installed in six years'

Lahore District Nazim Mian Amer has said his administration has installed 100 tube wells and changed sixty percent of the water supply lines in the past six years to provide healthy drinking water and dealt with public complaints about contaminated drinki
Published 30 Nov, 2007 12:00am
Jimmy seeks to promote soft image of Pakistan

Jimmy seeks to promote soft image of Pakistan

Prominent artist and human rights activist Jimmy Engineer has said he is genuinely proud of serving the motherland and building a soft image of Pakistan worldwide as a forward looking, progressive and moderate country.
Published 30 Nov, 2007 12:00am
Ibad felicitates President

Ibad felicitates President

Sindh Governor Dr Ishrat-ul-Ibad Khan has felicitated President Pervez Musharraf on taking oath for the next five-year term. In a statement here on Thursday, Dr Ishrat-ul-Ibad said that President Pervez Musharraf fulfilled his previous responsibilities ho
Published 30 Nov, 2007 12:00am
46 papers for women seats in Sindh Assembly rejected

46 papers for women seats in Sindh Assembly rejected

Provincial Election Commission (PEC) Sindh has rejected nomination papers of 46 candidates filed on seats reserved for women in Sindh Assembly as scrutiny process continued on Thursday. As many as 133 candidates filed their nomination forms during the Nov
Published 30 Nov, 2007 12:00am
No desire for premiership: Nawaz

No desire for premiership: Nawaz

Pakistan Muslim League-N leader Nawaz Sharif on Thursday said he had no desire for the premiership and the whole civil society should announce boycott of January 8, 2008 elections.
Published 30 Nov, 2007 12:00am
Hu Jintao hails Musharraf

Hu Jintao hails Musharraf

Chinese President Hu Jintao on Thursday extended greetings to President Pervez Musharraf on assuming the office of President of Pakistan for the second term. "I would like to extend to your excellency my sincere congratulations and best wishes," said the
Published 30 Nov, 2007 12:00am
Lawyers observe Black Day

Lawyers observe Black Day

More than 8,000 lawyers of 13 districts of Southern Punjab observed black day on Thursday when Pervez Musharraf took oath as civilian President describing it unconstitutional. Lawyers of High Court Bar Multan and Bahawalpur and District Bars staged demons
Published 30 Nov, 2007 12:00am
LHC bar continues hunger strike

LHC bar continues hunger strike

The Lahore High Court Bar Association has continued to hold hunger strike camp for the third consecutive day to protest against the emergency rule. Bar members and senior lawyers chanted slogans against the President, Pervez Musharraf.
Published 30 Nov, 2007 12:00am
Police baton-charge lawyers in Lahore rally

Police baton-charge lawyers in Lahore rally

Police on Thursday tortured Lahore Bar Association (LBA) members trying to stage a protest rally on the Mall. The police disallowed the lawyers to hold the rally and baton-charged and used tear gas to disburse them.
Published 30 Nov, 2007 12:00am
Lawyers to erect Board of Honour, Board of Traitors

Lawyers to erect Board of Honour, Board of Traitors

Lawyers of Rawalpindi have appealed Bar Councils and Bar Associations of the country to erect one Board of Honour and one Board of Traitors in the Bars to encourage righteous people and discourage the evil persons in the legal profession.
Published 30 Nov, 2007 12:00am
Newsmen protest against curbs on media continues

Newsmen protest against curbs on media continues

Scores of journalists staged on Thursday a sit-in in front of the Multan Press Club as their struggle against restrictions on the media and emergency rule entered its 21st day. Civil society activists, lawyers, students and the general public also joined
Published 30 Nov, 2007 12:00am
Low-paid people to be provided houses soon: minister

Low-paid people to be provided houses soon: minister

Punjab Housing, Urban Development and Public Health Engineering Minister Mian Shafqat Ali has said that government will provide constructed houses to the allottees of 5-marla plots in the Area Development Scheme-IV Jhelum.
Published 30 Nov, 2007 12:00am
Al-Noor Sugar Mills assigned A-2 rating

Al-Noor Sugar Mills assigned A-2 rating

JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned initial medium to long term entity rating of BBB+ (Triple B Plus) and short term entity rating of A-2 (A Two) to Al-Noor Sugar Mills Ltd (ASML). The outlook on the medium to long term rating is
Published 30 Nov, 2007 12:00am
Pakistan's foreign exchange reserves surge to $16.107 billion

Pakistan's foreign exchange reserves surge to $16.107 billion

The foreign exchange reserves rose by a marginal $9 million to $16.107 billion in the week ending November 24, said the State Bank of Pakistan (SBP) on Thursday. Reserves held by the State Bank of Pakistan fell to $13.896 billion from $13.914 billion a we
Published 30 Nov, 2007 12:00am
Turkish investment to cross $600 million: Consul General

Turkish investment to cross $600 million: Consul General

Turkish Consul General Erdern Mutaf has said that Turkish foreign direct investment (FDI) in Pakistan will cross 600 million dollars in the near future. Addressing members of Karachi Chamber of Commerce and Industry (KCCI) on Thursday, he said that during
Published 30 Nov, 2007 12:00am
Major reshuffle in RTO Karachi

Major reshuffle in RTO Karachi

The Federal Board of Revenue (FBR) on Thursday made a major reshuffle in Regional Tax Office (RTO) by issuing orders of transfers and postings of high-ups of RTO Karachi. The transfers and postings of the six BS-20 officers of Income Tax Group, including
Published 30 Nov, 2007 12:00am
Benazir pays tributes to victims of Karsaz blasts

Benazir pays tributes to victims of Karsaz blasts

Former prime minister Benazir Bhutto on Thursday paid tributes to all people who died at Karachi bomb blast on October 19. In addition, more than 500 were injured in the bomb attack at her rally near Karsaz on that day. In a message on the Chehlum of the
Published 30 Nov, 2007 12:00am
PIA achieves 94 percent punctuality

PIA achieves 94 percent punctuality

National carrier PIA has focused to provide best services for the comfort of Haj pilgrims and since the start of its pre-Haj operation 15 days back, achieved an overall operational punctuality of 94 percent.
Published 30 Nov, 2007 12:00am
Policy chalked out to facilitate textile sector

Policy chalked out to facilitate textile sector

The federal government has chalked out a policy to facilitate textile sector with aim to enhance exports of high value added products besides generating jobs opportunities for people.
Published 30 Nov, 2007 12:00am
Senate body for steps to curb air pollution

Senate body for steps to curb air pollution

The Senate Committee on Environment asked the government on Thursday to declare 2008 as Environmental Protection Year, and also to initiate strong public campaign to educate the people against dust, environmental pollution, and black smoke emitted by vehi
Published 30 Nov, 2007 12:00am
Musharraf praised for doffing uniform

Musharraf praised for doffing uniform

Several candidates for the National Assembly belonging to district Vehari here hailed the decision of the President Pervez Musharraf to doff his army uniform and serve as a civilian President of the country.
Published 30 Nov, 2007 12:00am
Arms, ammunition, drugs recovered

Arms, ammunition, drugs recovered

Rawalpindi Police on Thursday recovered huge cache of sophisticated Israel, US and Czech made arms, ammunition and drugs in two separate operations and arrested one drug smuggler while two arms smugglers managed to escape leaving behind arms laden car.
Published 30 Nov, 2007 12:00am
Commodities prices remain high in Multan

Commodities prices remain high in Multan

The prices of daily use commodities were found fluctuating on Thursday as various shopkeepers and street vendors sold out their goods on different prices, mostly high, neglecting the purchasing power of the buyers in Multan and its neighbouring districts.
Published 30 Nov, 2007 12:00am
TDAP's seminar on dates' products next month

TDAP's seminar on dates' products next month

With a view to augment manifold the dates export from 32 million dollar annually, the Trade Development Authority of Pakistan (TDAP) is organising a one-day seminar on 'value-added dates products and their marketing' on December 13.
Published 30 Nov, 2007 12:00am
London moot for resolution of Kashmir dispute

London moot for resolution of Kashmir dispute

In London, a two-day International Conference titled 'Kashmir-A way Forward' has urged that the long standing Kashmir dispute would continue to imperil peace and security in South Asia and its early resolution was not only in the interest of the people of
Published 30 Nov, 2007 12:00am
EDO urged to submit inspection report

EDO urged to submit inspection report

The Punjab government has ordered Lahore's Environment District Officer (EDO) to furnish a site inspection report in a week about more than 200 marble cutters working in congested residential areas causing environmental degradation by emission of marble d
Published 30 Nov, 2007 12:00am
Smeda to hold business plan contest for NWFP students

Smeda to hold business plan contest for NWFP students

The Small and Medium Enterprises Development Authority (Smeda) has announced holding of 'Business Plan Competition' amongst students of the universities, colleges and schools in the province. The purpose of the initiative is to explore and bridge gap betw
Published 30 Nov, 2007 12:00am
Chakwal Cement case: FBR to notify duty exemptions on machinery import

Chakwal Cement case: FBR to notify duty exemptions on machinery import

The Federal Board of Revenue (FBR) will issue a notification to grant exemption of duties and taxes on the import of plant/machinery pertaining to an old case of Chakwal Cement. Through another notification, the board will exempt duties/taxes on the impor
Published 30 Nov, 2007 12:00am
US citizen gets bail

US citizen gets bail

Special Judicial Magistrate on Thursday accepted bail application of a US citizen and handed him over to Federal Investigation Agency (FIA). A US citizen Robert Menfertz was presented in the court of Masood Janjua, Special Judicial Magistrate by Civil Lin
Published 30 Nov, 2007 12:00am