News Archives for Print - 2007-12-24

Malaysian shares likely to move upwards

Malaysian share prices are expected to edge upwards due to window dressing ahead of year-end holidays but trading volumes would remain thin, dealers said.

Published 24 Dec, 2007 12:00am

Santa arrives in nick of time on Wall Street

Wall Street heads into the Christmas week on a merry note with fears abating about a widening financial crisis and a potential recession in the world's biggest economy. Despite persistent worries about a credit squeeze that could choke off economic growth

Published 24 Dec, 2007 12:00am

Japanese shares seen stabilising

Japanese share prices could extend a tentative rebound in the last trading week of the year amid hopes of an easing of the global credit crunch, analysts said Friday. They said bargain hunters could emerge to snap up beaten down shares but activity is lik

Published 24 Dec, 2007 12:00am

Asian currencies lower against dollar

Asian currencies ended the week lower against the dollar as dealers said rising inflationary pressure in the United States may prevent further rate cuts in January.

Published 24 Dec, 2007 12:00am

Thai shares hinge on first post-coup election

The movement of Thai share prices next week hangs on the outcome of Sunday's election, the first since last year's bloodless coup ousting premier Thaksin Shinawatra, dealers said.

Published 24 Dec, 2007 12:00am

Australian stocks tipped to struggle

Australian shares are expected to struggle next week, although faint hopes of a rally before the New Year persist, dealers said. For the week ending December 21, the benchmark S&P/ASX 200 index fell 251.7 points or 3.9 percent to 6,247.0.

Published 24 Dec, 2007 12:00am

Indian shares seen rangebound

Indian share prices are likely to remain rangebound next week as trading volumes could weaken on lower purchases from overseas funds due to year-end holidays, dealers said. For the week to December 21, the Mumbai stock exchange's benchmark 30-share Sensex

Published 24 Dec, 2007 12:00am

Philippines shares seen consolidating

Philippines share prices will likely consolidate in the coming week when trading will be limited to only three days due to Christmas holidays, dealers said Friday. "Next week, we will see consolidation," said Gomer Tan of Regina Capital Development Corp.

Published 24 Dec, 2007 12:00am

Hong Kong shares seen trading in tight range

Hong Kong share prices are likely to move within a narrow range in quiet trade in Christmas week tracking Wall Street's performance, dealers said. They said investors will switch their attention from China to the US after they shrugged off Beijing's lates

Published 24 Dec, 2007 12:00am

Northern Rock set for freeze from FTSE 100

Stricken British bank Northern Rock will be thrown into the cold next week, when the crisis-hit group will be ejected from London's FTSE 100 leading shares index amid shortened Christmas trade.

Published 24 Dec, 2007 12:00am

2,500 tonnes of Afghan drugs enter Iran annually

Some 2,500 tonnes of narcotics enter Iran from neighbouring Afghanistan annually, more than a quarter of which are consumed in the Islamic republic, an anti-drugs official said on Sunday. "Afghanistan produces 8,200 tonnes of narcotics, 2,500 of which ent

Published 24 Dec, 2007 12:00am

Former British Prime Minister Blair converts to Catholicism

Former British prime minister Tony Blair has converted from Britain's established church, Anglicanism, to Roman Catholicism, the head of Britain's Catholics said on Saturday.

Published 24 Dec, 2007 12:00am

US urges all sides respect Thai poll results

The United States called on all sides on Sunday to respect the outcome of Thailand's first parliamentary elections since a September 2006 coup. Washington welcomed what it called initial reports that the vote had been free and fair, State Department spoke

Published 24 Dec, 2007 12:00am

Pro-Thaksin victory puts Thai army on back foot

The party backing ousted Thai Prime Minister Thaksin Shinawatra easily won the most seats in Sunday's election, a stunning rejection of the coup which booted out the telecoms billionaire in 2006.

Published 24 Dec, 2007 12:00am

Saudi arrests 28 Qaeda suspects over attack plot

Saudi Arabia announced on Sunday the arrest of 28 al Qaeda linked suspects for planning attacks in the oil-rich kingdom, following an alleged plot to commit a "terrorist act" during the annual Muslim pilgrimage, or haj.

Published 24 Dec, 2007 12:00am

Israel ministry plans 740 new homes on occupied land

Israel's construction ministry said on Sunday it proposed building about 740 new homes on occupied land near Jerusalem next year, a move that could disrupt newly launched peace talks with the Palestinians.

Published 24 Dec, 2007 12:00am

At least 22 Myanmar people killed in boat accident

At least 22 people from Myanmar, including four boys and seven women, have died after a boat capsized off a small island near the maritime border with Thailand, Thai police said Sunday. The bodies were discovered floating at sea Saturday off Thailand's Ra

Published 24 Dec, 2007 12:00am

Turkish aircraft in fresh raid in northern Iraq

Turkish aircraft on Sunday carried out fresh attacks on Kurdish rebels in northern Iraq, Turkey's Anatolia news agency reported, citing a spokesman for the Iraqi Kurdish Peshmerga security force.

Published 24 Dec, 2007 12:00am

Israel approves funding for missile defence system

Israel's security cabinet authorised funding on Sunday for the development of a 207-million-dollar project aimed at providing a defence against short- and medium-range rockets, Israeli media reported. The "Iron Dome" system could be operational within two

Published 24 Dec, 2007 12:00am

Italy Prime Minister praises troops on Afghan holiday visit

Italy's Prime Minister Romano Prodi flew to Afghanistan on Sunday for a Christmas visit with Italian troops, who he praised for their efforts to bring peace to a country gripped by a growing insurgency.

Published 24 Dec, 2007 12:00am

White House hopeful Giuliani says he's fine after health scare

US Republican presidential hopeful Rudy Giuliani said Sunday he felt "great" after a health scare that forced him to check into a hospital last week.

Published 24 Dec, 2007 12:00am

Sixteen dead in Nile ferry accident

Sixteen Egyptians drowned on Saturday after a minibus they were riding in plunged into the Nile river from the deck of a ferry in central Egypt, security sources said.

Published 24 Dec, 2007 12:00am

Nepal former rebels to rejoin government

Nepal's former rebels on Sunday agreed to rejoin the government after striking a deal with political parties ending the ongoing peace process deadlock in the Himalayan nation, a senior minister said.

Published 24 Dec, 2007 12:00am

Partly Facetious: not so cheap as McDonalds!

"So tell me again how this terrorist escaped."

Published 24 Dec, 2007 12:00am

Japan's 'Hidden Christians' face extinction

One by one, the sacred relics -- a medal of the Virgin Mary, a crucifix and other revered objects -- are taken from a cupboard and placed on an altar for a Christmas Eve rite passed down through centuries from Japan's earliest Christians.

Published 24 Dec, 2007 12:00am

Staying out of election arena

I have been thinking pretty loudly for some days as to what for the political parties are there. It is generally said and believed that political parties are formed to contest polls and seek power to work for the welfare and well-being of the masses on th

Published 24 Dec, 2007 12:00am

ROVER'S DIARY: emergency - collateral damage

In war and politics, in victory and defeat - the trouble with military solutions, anywhere in the world, is that there is colossal collateral damage. Our beloved Pakistan is at war with itself for more than five decades. It has been conquered many times,

Published 24 Dec, 2007 12:00am

Wounded Iraqis cope with lifelong scars

For generations to come, Iraqis will have to cope with the physical and mental scars of tens of thousands of people severely injured in the violence of the past four years. They include thousands of amputees, many of them children. The date, time and plac

Published 24 Dec, 2007 12:00am

Persistent wheat crisis

The other day I was listening to the television news, surprisingly rather astonishingly, I heard that 'atta' in Karachi has not only been selling at Rs 19 per kg but it was not easily available: It further stated that a similar situation exists in other c

Published 24 Dec, 2007 12:00am

The bloody 2007

Last Monday, the target of terrorism was an army football team in Kohat. A suicide bomber, believed to be in his teens, somehow entered the high-security military complex and blew himself up close to the players who were returning to their barracks after

Published 24 Dec, 2007 12:00am

Financial Stability Review 2006

The Financial Stability Review (FSR), released by the State Bank of Pakistan on 17th December, 2007, gives a candid perspective and provides an in-depth and exhaustive overview of the financial institutions and markets. Discussing the global markets, it s

Published 24 Dec, 2007 12:00am

Mirwaiz hopeful of Pak-India talks

In occupied Kashmir, the Chairman of All Parties Hurriyat Conference, Mirwaiz Umar Farooq, has expressed hope that the ongoing Pakistan-India dialogue process will prove productive, making a breakthrough on the resolution of the Kashmir dispute.

Published 24 Dec, 2007 12:00am

Section officer shot dead

A section officer of Federal Central Secretariat, Islamabad Shabbir Ahmed was shot dead and another two injured when two neighbours quarrelled on the issue of throwing offal of sacrificial animal in Katorwala (Sahiwal) some 160 km east of Multan on Friday

Published 24 Dec, 2007 12:00am

Eid celebrated amid tight security

People of Multan and Southern Punjab celebrated Eid-ul-Azha amid tight security with traditional religious fervour on Friday, in view of the series of recent suicidal attacks.

Published 24 Dec, 2007 12:00am

'Cold waves do not bring avian influenza virus'

The cold waves coming from the Northern Areas during current weather conditions does not in any way bring the avian influenza virus of the type N5H1. This was indicated during a workshop held under the auspices of Pakistan Medical Society (PMS) on the top

Published 24 Dec, 2007 12:00am

Second science education project achieves aims: ADB report

The Asian Development Bank (ADB) has observed that the Second Science Education Sector Project has been effective in achieving its outcome, despite disparities in appraisal and Pakistan government targets.

Published 24 Dec, 2007 12:00am

Eid-ul-Azha celebrated with religious fervour

Eid-ul-Azha was celebrated with usual enthusiasm and religious fervour in Sialkot, Daska, Pasrur, Zafarwal, Sambrial and Ugoki areas of Sialkot district on Friday.

Published 24 Dec, 2007 12:00am

Fight against terrorism: Memon welcomes world support

Caretaker Minister for Information and Broadcasting Nisar A Memon has welcomed the international community especially the US support for Pakistan's courageous role and sacrifices in the fight against terror saying such support has further strengthened his

Published 24 Dec, 2007 12:00am

Trade and economic cooperation among Saarc states top priority

President elect South Asian Association for Regional Co-operation (Saarc) Chamber of Commerce and Industry Tariq Sayeed has said that all out efforts would be made to accelerate the process of economic and social development among the South Asian countrie

Published 24 Dec, 2007 12:00am

Rangers increase patrolling the city

Sindh Rangers have launched a drive against anti-social elements and gangsters to ensure peace and tranquillity in the city at large. According to an announcement here on Sunday, the campaign has been initiated on the special directives of Director Genera

Published 24 Dec, 2007 12:00am

CDA Christian workers demand allowance

The Christian employees of the Capital Development Authority (CDA) are entitled to get allowance before Christmas, said minority leader Julius Salik at the RIUJ Journalist protest camp here on Saturday.

Published 24 Dec, 2007 12:00am

Eight kgs explosive used in mosque's attack: IGP

NWFP Inspector General of Police Muhammad Sharif Virk has said at least seven to eight kilogram explosive material was used in the blast. Talking to a private TV channel, the IG as many as 48 people lost their lives and over 114 others were injured in sui

Published 24 Dec, 2007 12:00am

Wapda promotes 34 senior engineers

Wapda Selection Board promoted the Senior Engineers (Non Generation) to the rank of Superintending Engineers (BPS-19). As many as 34 senior engineers of Non Generation have been promoted as superintending engineers.

Published 24 Dec, 2007 12:00am

'2,700 megawatts additional power to be generated in three years'

Caretaker Minister for Water and Power, Tariq Hameed has said that 2,700 MW additional power will be generated in coming three years with the completion of Private Power Infrastructure Board's (PPIB) projects.

Published 24 Dec, 2007 12:00am

Bedford to observe RTP activities

The Bangkok-based Asia regional international NGO, Right To Play (RTP), Director Michel Bedford will arrive in Pakistan in January to oversee activities of the Pakistan chapter of this newest of new NGO at Islamabad six months back.

Published 24 Dec, 2007 12:00am

Aitzaz and Iftikhar prevented from offering Eid prayers

President of Supreme Court Bar Association Aitzaz Ahsan and deposed Chief Justice Iftikhar Muhammad Chaudhry were prevented from offering Eid-ul-Azha prayers. Talking to private TV channel on Friday, Aitzaz Ahsan said the police forcibly stopped him and h

Published 24 Dec, 2007 12:00am

Eid packages distributed

Army has distributed Eid packages among the people of disturbed areas of Swat to share Eid happiness with them.

Published 24 Dec, 2007 12:00am

119 criminals held, over 250 weapons seized: 14 dens raided

CIA Police raided 14 notorious criminal dens in various parts of the provincial metropolis on December 20/21 night and arrested 119 criminals and seized 138 revolvers, 75 pistols, 25 riffles, 25 pump-action, 7939 bullets, 544 bottles of liquor, more than

Published 24 Dec, 2007 12:00am

Rs 13 billion subsidy being paid monthly to check oil prices: Salman

Interim Finance Minister Dr Salman Shah has said the government is paying Rs 13 billion per month as subsidy to keep the oil prices in check.

Published 24 Dec, 2007 12:00am

Two electronics shops gutted

Mobile phones and CDs worth thousands of rupees were burnt when fire broke out in two electronics shops at Hall Road here on Sunday. On receiving information, three trucks of rescue-1122 fire service reached the spot and controlled the fire after hectic e

Published 24 Dec, 2007 12:00am

Traffic arrangements in Lahore reviewed

Capital City Police Officer, Additional IG Malik Mohammad Iqbal along with Chief Traffic Officer Ghulam Mahmood Doger took round of various places of the city and reviewed traffic arrangements and expressed his satisfaction over the measures adopted to en

Published 24 Dec, 2007 12:00am

A few commodity items fluctuated both ways

The wholesale commodity prices were generally mixed with the exception of one or two rises during the weekend that ended a little earlier on December 20, 2007, owing to Eid-ul-Azha.

Published 24 Dec, 2007 12:00am

PCGA report likely to set trading pattern

The fortnightly PCGA report seeming is to set the trading pattern and prices on the higher side as a short fall of 18.36 percent was evident. The spot rate however, was struck up initially at Rs 3000 but was slashed on Wednesday by Rs 25 to Rs 2975.

Published 24 Dec, 2007 12:00am

PCGA report likely to set trading pattern

The fortnightly PCGA report seeming is to set the trading pattern and prices on the higher side as a short fall of 18.36 percent was evident. The spot rate however, was struck up initially at Rs 3000 but was slashed on Wednesday by Rs 25 to Rs 2975.

Published 24 Dec, 2007 12:00am

LUMS signs accord with Oracle partner

Lahore University of Management Sciences (LUMS) "the University") signed an agreement with Oracle partner, Techlogix to implement Oracle's PeopleSoft Campus solution and PeopleSoft Enterprise Human Capital Management solution at its campus in Lahore here

Published 24 Dec, 2007 12:00am

Over a million offal disposed off in two days

The City District Government Karachi (CDGK) in coordination with towns and union councils disposed of more than 1,000,000 offal of sacrificial animals during the first two days of Eid-ul-Azha.

Published 24 Dec, 2007 12:00am

Corps commander pays tribute to Pakistan Army and FC

Like other parts of the country, Eid-ul-Azha was also celebrated with full religious zeal and fervour here in Swat. According to Media Information Centre Mingora's press release issued here on Sunday, the day started with the morning prayers where special

Published 24 Dec, 2007 12:00am

Code of conduct not workable in presence of black laws: Barna

Former PFUJ president Minhaj Barna has said that the Code of Conduct being sought to be imposed by the government is not workable in the presence of black laws.

Published 24 Dec, 2007 12:00am

'Farm workers exposed to pesticides hazards'

Women play a vital role in the agriculture work force in Pakistan where around 34,000 tones of different pesticide chemicals are applied annually as women farmers and workers are frequently exposed to dangerous pesticides directly when engaged in harvesti

Published 24 Dec, 2007 12:00am

Durrani lashes out at PML-N

Former minister for information senator Muhammad Ali Durrani has said the leadership of Pakistan Muslim League-Nawaz (PML-N) is advocating the politics of blame as the party is facing defeat in the general elections-2008. Talking to a private television,

Published 24 Dec, 2007 12:00am

Government plans to manipulate elections, says Javed Hashmi

Makhdoom Javed Hashmi, Senior Vice President of PML-N led a rally from Samijabad (Multan) to Makhdoom Rashid on Sunday in connection with his election campaign in the constituency NA-148 which was joined by thousands of people.

Published 24 Dec, 2007 12:00am

Printing press workers remain deprived of Eid celebration

Generally, when all people either working or public servants in the provincial capital left for their ancestral villages for celebrating the festive occasion of Eid-ul-Azha with their families and relatives, but workers of printing press could not avail t

Published 24 Dec, 2007 12:00am

Sialkot district in the grip of election fever

As many as 28 candidates are contesting on 5-National Assembly and 81 candidates on 11-Punjab Assembly seats in Sialkot district. According to a survey, the election fever is on rise in Sialkot, Daska, Pasrur and Sambrial tehsils of the district with riva

Published 24 Dec, 2007 12:00am

PML-Q to make seat adjustment with JUI: Shujaat

President Pakistan Muslim League (Q) and former Prime Minister Chaudhry Shujaat Hussain has announced that the PML (Q) would make seat adjustment with the Jamiat-Ulema-Islam in NWFP and Punjab.

Published 24 Dec, 2007 12:00am

PPP accuses Nazimeen of manipulating elections

PPP (Human Rights Wing) and Election Monitoring Cell incharge Senator Muhammad Latif Khosa has said "we have collected sufficient evidences against the Nazimeen, former federal or provincial ministers and these would be submitted to Chief Election Commiss

Published 24 Dec, 2007 12:00am

Benazir's bouquet for Bhagwandas

PPP Chairperson Ms Benazir Bhutto has sent a bouquet to former justice Rana Bhagwandas to acknowledge his services as judge of the Supreme Court of Pakistan. A central leader of PPP Taj Haider and Deputy Secretary Information Waqar Mehdi presented the bou

Published 24 Dec, 2007 12:00am

Some madressahs 'turning children into killers': Benazir

Benazir Bhutto said on Sunday that some religious schools were "turning children into killers". Speaking to about 25,000 supporters near her ancestral home here, she also renewed accusations that the government had done nothing to stop militant violence.

Published 24 Dec, 2007 12:00am

Election activity gears up

Candidates are gearing up their election activities here as the polling day is approaching fast. The candidates are holding corner meetings to garner support of voters.

Published 24 Dec, 2007 12:00am

Setting up of poll cell at Governor House contradicted

A spokesman of Punjab government has strongly contradicted the setting up of an alleged cell for elections at Governor's House and the residence of former Chief Minister Punjab.

Published 24 Dec, 2007 12:00am

Pervaiz calls for unity against PPP and PML-N

Pakistan Muslim League (Q), Punjab chapter President Pervaiz Elahi has urged the masses to unite against Nawaz Sharif and Benazir Bhutto in the upcoming polls. Talking to different delegations of ulema and party members, he described the possible associat

Published 24 Dec, 2007 12:00am

Political situation in Mirpurkhas takes new turn

The political situation in Mirpurkhas took a new turn after seat adjustment between three major political parties on one National Assembly and three Sindh Provincial Assembly seats of the district.

Published 24 Dec, 2007 12:00am

Candidates adopt novel way of convincing

Candidates contesting the upcoming January 8 general elections are utilising all available resources to muster maximum support of people in their favour and were not wasting any opportunity in this regard.

Published 24 Dec, 2007 12:00am

PML-N withdraws candidates in favour of PPP

In a seat adjustment at Karachi level, Pakistan Muslim League-Nawaz (PML-N) has withdrawn couple of its candidates in favour of PPP nominees. This announcement was made after the press conference of PML-N leader Mian Nawaz Sharif at the residence of Sarda

Published 24 Dec, 2007 12:00am

Nadra work highlighted at Milan world congress

National Database and Registration Authority (Nadra) Chairman Brigadier Saleem Ahmed Moeen was invited as keynote speaker on the issue of 'Electronic Passport and Services to Citizens: the roadmap of government driven ID programs', at ID World Internation

Published 24 Dec, 2007 12:00am

Eidul Azha celebrated with religious fervour

Eidul Azha was celebrated here on Friday like other parts of the country with religious fervour and enthusiasm. Eid prayers were offered at hundreds of mosques, Eidgahs, Imambargahs, and open places in the city and other towns of the district.

Published 24 Dec, 2007 12:00am

Enquiry against MS DHQ hospital ordered

Secretary Health Punjab on Chief Minister's instructions has ordered an enquiry against Dr Imtiaz Hamid, MS DHQ Hospital Faisalabad for adopting delaying tactics in re-examination of medical report ordered by the court.

Published 24 Dec, 2007 12:00am

Soyem of Gulgee and wife held

The "Soyem" of artist Abdul Ismail Gulgee and his wife Zarine was held here on Sunday at their Clifton residence. It was attended by people from various walks of life including friends, artists and politicians.

Published 24 Dec, 2007 12:00am

Karachi receives 12mm rain

The city received first spell of winter downpour on Sunday, bringing in a pleasant surprise for Karachiites on the third day of Eid-ul-Azha. According to Met Office, the city received 12 millimetres of rain in intervals starting from 3 am Sunday.

Published 24 Dec, 2007 12:00am

Aurakzai pays surprise visit to Kurram Agency

The NWFP Governor Lieutenant General (Retd) Ali Muhammad Jan Aurakzai on Sunday said that certain mischievous elements were involved in creating law and order problems in Parachinar and elsewhere in the Agency.

Published 24 Dec, 2007 12:00am

Feast for street children

A 'feast' for street children was organised by the Sahar Foundation to celebrate Eid-ul-Azha. A statement of the organisation on Sunday said that more than 380 street children attended the lunch hosted on the occasion.

Published 24 Dec, 2007 12:00am

Nawaz meets former judges

The PML-N chief Nawaz Sharif on Sunday visited the residences of former judges of superior courts and late PML leader Mian Ejaz Shafi. After laying floral wreath at the Mazar-e-Quaid, he was driven to the residence of former chief justice of Supreme Court

Published 24 Dec, 2007 12:00am

Three Hajis die in accident

Three Pakistani Hajis from district Jamshooro, Sindh, have died and five wounded as their vehicle overturned on their way from Mina to Makkah, the Haj Ministry has said. These persons, while on their way from Mina to Makkah in their private vehicle met wi

Published 24 Dec, 2007 12:00am

Three Hajis die in accident

Three Pakistani Hajis from district Jamshooro, Sindh, have died and five wounded as their vehicle overturned on their way from Mina to Makkah, the Haj Ministry has said. These persons, while on their way from Mina to Makkah in their private vehicle met wi

Published 24 Dec, 2007 12:00am

Free poll to advance goal of moderate Pakistan: Rice

The United States, acknowledging President Pervez Musharraf's recent steps towards democratic transition, Friday said a free and fair parliamentary election in January will help advance Pakistan progress as a moderate democratic country that is also an an

Published 24 Dec, 2007 12:00am

Pakistan on track to halve population by 2015: DFID report

Pakistan is on track to halve the population without access to improved water and sanitation by 2015; income poverty has decreased rapidly recently. If this trend can be sustained, Pakistan will reach the Millennium Development Goals (MDGs) target of halv

Published 24 Dec, 2007 12:00am

Pakistan on track to halve population by 2015: DFID report

Pakistan is on track to halve the population without access to improved water and sanitation by 2015; income poverty has decreased rapidly recently. If this trend can be sustained, Pakistan will reach the Millennium Development Goals (MDGs) target of halv

Published 24 Dec, 2007 12:00am

Pakistan on track to halve population by 2015: DFID report

Pakistan is on track to halve the population without access to improved water and sanitation by 2015; income poverty has decreased rapidly recently. If this trend can be sustained, Pakistan will reach the Millennium Development Goals (MDGs) target of halv

Published 24 Dec, 2007 12:00am

New US legislation not to affect F-16s delivery

The Bush administration is confident of unhindered supply of security assistance to Pakistan and has made it clear that the new Congressional restriction on a portion of annual counter-terrorism aid does not in any way affect the top South Asian ally's pu

Published 24 Dec, 2007 12:00am

New US legislation not to affect F-16s delivery

The Bush administration is confident of unhindered supply of security assistance to Pakistan and has made it clear that the new Congressional restriction on a portion of annual counter-terrorism aid does not in any way affect the top South Asian ally's pu

Published 24 Dec, 2007 12:00am

Suicide bomber kills 50 Namazis in Charsadda

A suicide bomber struck worshippers at Eid prayers in Charsadda district on Friday, killing at least 50 people, police said. Around 100 were injured, many of them are stated to be in critical condition, district police officer said.

Published 24 Dec, 2007 12:00am

Suicide bomber kills 50 Namazis in Charsadda

A suicide bomber struck worshippers at Eid prayers in Charsadda district on Friday, killing at least 50 people, police said. Around 100 were injured, many of them are stated to be in critical condition, district police officer said.

Published 24 Dec, 2007 12:00am

''Reluctant'' ADRC chairmen to be replaced

The Federal Board of Revenue (FBR) has decided to replace the chairmen of Alternative Dispute Resolution Committees (ADRCs), who are reluctant to submit reports timely for the resolution of sales tax-related disputes.

Published 24 Dec, 2007 12:00am

'Reluctant' ADRC chairmen to be replaced

The Federal Board of Revenue (FBR) has decided to replace the chairmen of Alternative Dispute Resolution Committees (ADRCs), who are reluctant to submit reports timely for the resolution of sales tax-related disputes.

Published 24 Dec, 2007 12:00am

'Reluctant' ADRC chairmen to be replaced

The Federal Board of Revenue (FBR) has decided to replace the chairmen of Alternative Dispute Resolution Committees (ADRCs), who are reluctant to submit reports timely for the resolution of sales tax-related disputes.

Published 24 Dec, 2007 12:00am

FBR to impose embargo on chronic sales tax defaulters

Collectors will be required to take action under section 48 of the Sales Tax Act, 1990: The Federal Board of Revenue (FBR) has decided to impose an embargo including stoppage of clearance from factories on taxpayers from whom recovery of Sales Tax

Published 24 Dec, 2007 12:00am

FBR to impose embargo on chronic sales tax defaulters

Collectors will be required to take action under section 48 of the Sales Tax Act, 1990: The Federal Board of Revenue (FBR) has decided to impose an embargo including stoppage of clearance from factories on taxpayers from whom recovery of Sales Tax

Published 24 Dec, 2007 12:00am

FBR to impose embargo on chronic sales tax defaulters

Collectors will be required to take action under section 48 of the Sales Tax Act, 1990: The Federal Board of Revenue (FBR) has decided to impose an embargo including stoppage of clearance from factories on taxpayers from whom recovery of Sales Tax

Published 24 Dec, 2007 12:00am

US recovers at least some of its faith in Musharraf

A shaken US government has recovered at least some of its faith in President Pervez Musharraf of Pakistan, believing he still has a chance to promote democracy and defeat terrorism.

Published 24 Dec, 2007 12:00am

US recovers at least some of its faith in Musharraf

A shaken US government has recovered at least some of its faith in President Pervez Musharraf of Pakistan, believing he still has a chance to promote democracy and defeat terrorism.

Published 24 Dec, 2007 12:00am

Nawaz Sharif to visit Rahim Yar Khan on December 25

Leader of Pakistan Muslim League (N) Mian Nawaz Sharif will arrive here on Tuesday, December 25. PML(N) leader Zafar Iqbal Jhagra told here APP on Sunday that he will address a public meeting here in Mahmood Stadium in connection with general elections.

Published 24 Dec, 2007 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 22	154.78
USD to Swiss Franc / Nov 22	0.89
Pound Sterling to USD / Nov 22	1.26
Euro to USD / Nov 22	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
Nasdaq / Nov 21	18,972.42
Dow Jones / Nov 21	43,870.35
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85
Hang Seng / Nov 22	19,170.91
FTSE 100 / Nov 22	8,202.46
Germany DAX 30 / Nov 22	19,225.74

Item	Value
Petrol/Litre / Nov 22	248.38
Crude Oil USD/Barrel / Nov 22	70.18
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Gold Spot USD/Ounce / Nov 22	2,691.90
Diesel/Litre / Nov 22	255.14

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 22 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 22 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 22 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 22 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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