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Sep 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-01-09
Former Taliban commander made Afghan governor

Former Taliban commander made Afghan governor

A former Taliban commander who switched sides and helped Nato-led forces take a troubled southern area in a major operation last year has been made local governor, officials said Tuesday.
Published 09 Jan, 2008 12:00am
Europe stirred by dynamic US race, end of Bush era

Europe stirred by dynamic US race, end of Bush era

A field of candidates who break the mould, two tight early battles and a yearning for a new face in the White House have electrified Europeans as the US election gathers pace.
Published 09 Jan, 2008 12:00am
Sarkozy hints he ready to wed Italian singer

Sarkozy hints he ready to wed Italian singer

French President Nicolas Sarkozy on Tuesday dropped a heavy hint he was preparing to marry Italian singer and former model Carla Bruni, but he avoided announcing a wedding date.
Published 09 Jan, 2008 12:00am
New Hampshire takes next step to White House

New Hampshire takes next step to White House

New Hampshire voters headed to the polls to choose candidates for US president on Tuesday, with Hillary Clinton fighting to keep her once high-flying Democratic campaign alive against rival Barack Obama's surge.
Published 09 Jan, 2008 12:00am
Four Bangladeshi ministers quit

Four Bangladeshi ministers quit

Four key advisers to Bangladesh's army-backed interim government resigned on Tuesday, but it was not immediately clear why they were leaving. A government spokesman confirmed reports of the departure of the four, whose rank is equivalent to cabinet minist
Published 09 Jan, 2008 12:00am
Sri Lanka minister killed by bomb blast

Sri Lanka minister killed by bomb blast

Suspected Tamil Tiger rebels killed a Sri Lankan minister with a roadside bomb north of the capital on Tuesday, officials said, the second MP killed in a week as a protracted civil war escalates.
Published 09 Jan, 2008 12:00am
Sterling rallies

Sterling rallies

Sterling rose to one-week highs against a trade-weighted currency basket on Tuesday, after stronger than expected UK housing data dampened minority expectations for an interest rate cut this week.
Published 09 Jan, 2008 12:00am
Strong Aussie boosts carry trades, weighs on yen

Strong Aussie boosts carry trades, weighs on yen

The Australian dollar rose thanks to strong data and record gold prices on Tuesday, dragging down the Japanese yen, a popular source of cheap funding for investments in high-yielders like the Aussie.
Published 09 Jan, 2008 12:00am
Indian rupee strengthens

Indian rupee strengthens

The rupee strengthened on Tuesday but its advance was blocked by the central bank as the Indian unit appeared on course to breach a decade high on steady investment flows, dealers said. The partially convertible rupee ended at 39.265/275 per dollar, stron
Published 09 Jan, 2008 12:00am
Tuesday's midday trade: market falls on Countrywide woe

Tuesday's midday trade: market falls on Countrywide woe

US stocks traded lower on Tuesday, after rumours of more financial problems at Countrywide Financial Corp, the largest US mortgage lender, sent housing-related shares down sharply, extinguishing a rally on Wall Street.
Published 09 Jan, 2008 12:00am
Credit spreads edge tighter

Credit spreads edge tighter

European credit spreads clawed back some of the past week's sharp losses on Tuesday, but volumes were light and the focus held on recession fears and the primary market with new triple-A issuers braving the market.
Published 09 Jan, 2008 12:00am
Credit spreads edge tighter

Credit spreads edge tighter

European credit spreads clawed back some of the past week's sharp losses on Tuesday, but volumes were light and the focus held on recession fears and the primary market with new triple-A issuers braving the market.
Published 09 Jan, 2008 12:00am
Asian bonds steady

Asian bonds steady

Asian bonds steadied on Tuesday, halting recent steep losses as regional stock markets improved, and investors were watching out for potential new issues from Indonesia and others to gauge risk appetite in the new year.
Published 09 Jan, 2008 12:00am
Asian bonds steady

Asian bonds steady

Asian bonds steadied on Tuesday, halting recent steep losses as regional stock markets improved, and investors were watching out for potential new issues from Indonesia and others to gauge risk appetite in the new year.
Published 09 Jan, 2008 12:00am
Singapore shares down

Singapore shares down

Singapore share prices closed 0.44 percent lower on Tuesday, as investors locked in profits due to worries about the health of the US economy, dealers said. The Straits Times Index fell 14.79 points to 3,338.27 on volume of 1.88 billion shares worth 1.94
Published 09 Jan, 2008 12:00am
Chinese shares tumble

Chinese shares tumble

Chinese shares fell for the first time in four days on Tuesday as most stocks were hit by profit-taking, but banks rose on the back of better-than-expected earnings at Merchants Bank. The Shanghai Composite Index hit an intra-day high of 5,480.070 points
Published 09 Jan, 2008 12:00am
UK's top share index rises

UK's top share index rises

Britain's top share index edged higher on Tuesday as investors took shelter from economic uncertainty in defensive pharmaceutical stocks while rising metal prices, including a record in gold, lifted miners.
Published 09 Jan, 2008 12:00am
Funds drive up sugar, coffee and cocoa

Funds drive up sugar, coffee and cocoa

Funds and speculators piled into sugar, coffee and cocoa on Tuesday as investors re-weighted their holdings of commodity indices, sending white sugar futures to seven-month highs and cocoa to five-month peaks.
Published 09 Jan, 2008 12:00am
Oil rebounds on supply worries

Oil rebounds on supply worries

Oil prices rose more than $1 on Tuesday on threats of violence in Nigeria's oil region and worries over tight inventories in the United States, the world's biggest energy consumer. The surge came alongside a broad advance across the commodities markets, w
Published 09 Jan, 2008 12:00am
Indian oilmeal exports grow

Indian oilmeal exports grow

India's oilmeal exports grew 8 percent in December to 676,452 tonnes, compared with 626,675 tonnes in the same month in 2006, mainly on higher soymeal and groundnut meal exports, a leading trade body said on Tuesday.
Published 09 Jan, 2008 12:00am
Big money on commodities this year

Big money on commodities this year

Investors disillusioned by sluggish US stocks and bonds look set this year to boost their exposure to commodities even more than they did in 2007, when money in the sector swelled by about 20 percent.
Published 09 Jan, 2008 12:00am
Ivory Coast set to meet cocoa child labour deadline

Ivory Coast set to meet cocoa child labour deadline

World top cocoa grower Ivory Coast is on track to meet a US-imposed July 1 deadline to certify its cocoa beans as produced free of the worst forms of child labour, US government officials said on Tuesday.
Published 09 Jan, 2008 12:00am
Copper moves up

Copper moves up

Copper rose more than 3 percent in London on Tuesday as investors in commodities indexes bought the metal and buyers hoped strong Chinese demand would persist, analysts said.
Published 09 Jan, 2008 12:00am
Gold hits record above $876

Gold hits record above $876

Gold surged to a record high above $876 per ounce on Tuesday as investors poured into the market, confident of further upside in the metal with support from a weaker dollar and firm oil. Spot gold sprinted to a record $876.40 an ounce, surpassing the hist
Published 09 Jan, 2008 12:00am
US MIDDAY: corn and soyabeans soar

US MIDDAY: corn and soyabeans soar

Chicago Board of Trade corn and soyabean futures soared early on Tuesday, with corn lifted to an 11-year high by USDA's confirmation of fresh export sales of more than 600,000 tonnes of the grain in the past day, traders said.
Published 09 Jan, 2008 12:00am
US MIDDAY: coffee and cocoa up

US MIDDAY: coffee and cocoa up

ICE arabica coffee futures rallied in early trade on Tuesday, following a bullish government report on Brazil's upcoming crop, while US cocoa also moved into positive territory amid follow-through support, traders said.
Published 09 Jan, 2008 12:00am
US MIDDAY: sugar futures climb

US MIDDAY: sugar futures climb

Raw sugar futures climbed to a yearly high early on Tuesday as an active options market pushed prices higher, extending a rally that began in early December, brokers said. ICE Futures electronic March sugar was up 0.20 cent at 11.57 cents per lb at 9:23 a
Published 09 Jan, 2008 12:00am
US MIDDAY: wheat mostly higher

US MIDDAY: wheat mostly higher

US wheat futures were mostly higher at midsession on Tuesday, rebounding from sharp declines on Monday as corn, soybeans and crude oil rallied, traders said. The wheat market shrugged off bearish news that Egypt cancelled a snap tender due to high prices.
Published 09 Jan, 2008 12:00am
US MIDDAY: copper rises

US MIDDAY: copper rises

US copper futures climbed to their highest level since mid-November in morning business on Tuesday, with broader sector strength underpinning the industrial metal's early advance, traders said.
Published 09 Jan, 2008 12:00am
US MIDDAY: gold hits record high

US MIDDAY: gold hits record high

US gold futures scaled a record high above $875 in heavy trade on Tuesday, fuelled by robust buying by funds, surging crude oil prices and a drop in the dollar amid a broad commodity rally.
Published 09 Jan, 2008 12:00am
Rising prices

Rising prices

Unusual increase in the prices of essential commodities and items are not very new in the absence of proper check and balance by the concerned authorities.
Published 09 Jan, 2008 12:00am
Wise decision

Wise decision

One cannot help but endorse and appreciate the decision of the government not to issue visas to the Commonwealth observers for coming to Pakistan to oversee the conduct of the general election in the country as quite timely and wise.
Published 09 Jan, 2008 12:00am
Helping parents to improve their parenting skills

Helping parents to improve their parenting skills

Already considered one of the best countries for raising children, Sweden aims to improve its record by offering more classes to help mums and dads improve their parenting skills. The Scandinavian country now gives all parents of new-borns the opportunity
Published 09 Jan, 2008 12:00am
Good Morning: a frustrated, suspicious common man

Good Morning: a frustrated, suspicious common man

Apart from a scaling up of the country's political tension, uncertainty, and an impatient mood for confrontation there are other reasons to be worried about as the New Year begins. The year 2008 has not begun well in so many ways. And if there are any dou
Published 09 Jan, 2008 12:00am
Impact of foreign capital inflows on economic growth: 1975-2004

Impact of foreign capital inflows on economic growth: 1975-2004

The Two-Gap Model suggests that the Poor countries have to rely on the foreign capital inflows (FCI) to fill the two Gaps: Import-Export Gap and the Savings-Investment Gap. There are many forms of the foreign capital inflows like FDI (Foreign Direct Inves
Published 09 Jan, 2008 12:00am
Growing Pak-US perceptional mismatch

Growing Pak-US perceptional mismatch

Sharply underscored by a lingering mismatch of perceptions, the Pak-US relationship experiences periodic bouts of accusations and counter-accusations. The latest bout happened over the weekend in the wake of Benazir Bhutto's assassination when at a meetin
Published 09 Jan, 2008 12:00am
Wheat crisis

Wheat crisis

Wheat crisis appears to be deepening in Pakistan. According to a Recorder Report, wheat hoarding by millers and meagre supply of the commodity have pushed up its price by Rs 3000 to the historic peak of Rs 21000 per ton. A bag of 100-kilograms pric
Published 09 Jan, 2008 12:00am
Prisoners in Sindh: Tevta to launch vocational, skill training programme

Prisoners in Sindh: Tevta to launch vocational, skill training programme

The Technical Education and Vocational Training Authority (Tevta) has planned to launch vocational and skill training program for prisoners across Sindh, which is likely to be implemented from the current month of January, 2008. Officials at Tevta told <i
Published 09 Jan, 2008 12:00am
LEAs directed to ensure fool proof security during Muharram

LEAs directed to ensure fool proof security during Muharram

The Caretaker Sindh Chief Minister former Justice Abdul Qadir Halepoto has directed the Sindh Police and other law enforcing agencies to adopt fool proof security measures during the Muharram-ul-Harram and also to ensure forthcoming general elections in p
Published 09 Jan, 2008 12:00am
SHC judge to take oath today

SHC judge to take oath today

Oath taking ceremony of Justice Azizullah Memon of High Court will be held at 1.30 pm on January 9 (Wednesday) in front of Judges Library High Court of Sindh Karachi. Mr Justice Mohammad Afzal Soomro, Chief Justice of Sindh High Court will administrator t
Published 09 Jan, 2008 12:00am
PSC to market two newly developed hybrid varieties of maize seed

PSC to market two newly developed hybrid varieties of maize seed

Punjab Seed Corporation (PSC) will market on commercial basis the two new hybrid varieties of maize seeds this year, which the corporation had developed. These two new varieties are called FH-421 and FH-810, which were sown on 1000 acres of land last year
Published 09 Jan, 2008 12:00am
Mulk orders repair of roads

Mulk orders repair of roads

The NWFP Caretaker Chief Minister Shams-ul-Mulk has directed for the early repair and rehabilitation of districts and provincial roads in the province. However, the process of implementation should be strictly followed by effective monitoring and supervis
Published 09 Jan, 2008 12:00am
Ruet-e-Hilal meeting today

Ruet-e-Hilal meeting today

A meeting of central Ruet-e-Hilal committee for the sighting of the moon of Muharram-ul-Haram 1429 A.H is scheduled be held on Wednesday. Chairman Rute-e-Hilal Committee Mufti Muneebur Rehman will chair the meeting at religious ministry. Other member of t
Published 09 Jan, 2008 12:00am
Rs 59 million recovered as fine from traffic rules violators

Rs 59 million recovered as fine from traffic rules violators

The Rawalpindi Traffic Police (RTP) have recovered Rs 59 million as challan fee during 2007 from 261,222 vehicle owners for violating traffic rules, said Rawalpindi Chief Traffic Officer (CTO) Sabir Ahmed here on Tuesday.
Published 09 Jan, 2008 12:00am
Rains brighten prospects of good wheat crop

Rains brighten prospects of good wheat crop

Widespread rains in Azad Kashmir, Northern Areas, NWFP, Punjab and Balochistan have saved wheat crop in the water-deficient arid zones and brightened prospects of a good wheat crop this season. Meteorological department reported on Tuesday rain/thundersto
Published 09 Jan, 2008 12:00am
Environment degradation costs country Rs 365 billion yearly: World Bank

Environment degradation costs country Rs 365 billion yearly: World Bank

Environment degradation and consequential high burden of diseases is costing Pakistan at least 6 percent of GDP or about Rs 365 billion ($6 billion) annually, a World Bank Report disclosed that environmental degradation is threatening to undermine Pakista
Published 09 Jan, 2008 12:00am
0.1 million tons imported wheat to arrive on January 10

0.1 million tons imported wheat to arrive on January 10

More than 0.1 million tons wheat would reach Karachi on Thursday, which would help in overcoming the current shortage, as provinces would get additional supplies. According to official sources, three ships with 50,000 tons, 25,000 tons and 38,000 tons whe
Published 09 Jan, 2008 12:00am
Azhar Akhtar elected Reap Chairman

Azhar Akhtar elected Reap Chairman

Mohammad Azhar Akhtar has been elected Chairman of Rice Exporters Association of Pakistan (Reap) for the next term. According to a press release, in the elections held here on Saturday Abdul Baseer and Mian Haroon Rashid elected Vice-Chairman and Treasure
Published 09 Jan, 2008 12:00am
Minfal admits agriculture-sector facing number of challenges

Minfal admits agriculture-sector facing number of challenges

Ministry of Food, Agriculture and Livestock (Minfal) has admitted that the agriculture sector is facing a number of challenges, which included narrowing yield gaps, improving technical know-how, undertaking effective market reforms and strengthening resea
Published 09 Jan, 2008 12:00am
Newsman looted

Newsman looted

Zaheer Ahmed Khan, sub-editor, and two other non-editorial staffers of daily Dawn, Fazal Mehmood (office assistant), and Wazir Ahmed (driver), were deprived of their mobile phones and cash at Natha Khan Goth Chowrangi.
Published 09 Jan, 2008 12:00am
Criminals' gang busted

Criminals' gang busted

Sadar Division police have busted a gang of criminals involved in a number of incidents of dacoity and robbery. Police arrested its four members and seized looted property worth rupees 10 million as well as illegal weapons from them.
Published 09 Jan, 2008 12:00am
Police blamed for law, order situation in Badin

Police blamed for law, order situation in Badin

District Nazim Badin Ali Anwar Halepota has expressed dissatisfaction over the law and order situation in the district and held police responsible for it.
Published 09 Jan, 2008 12:00am
Public urge private companies to run vehicles on M-1

Public urge private companies to run vehicles on M-1

Passengers using 154-kilometer six-lane M-1 Islamabad-Peshawar Motorway have demanded of public transport companies to facilitate them by introducing adequate transport facility on it. M-1, one of the ambitious project in the country was opened for all ki
Published 09 Jan, 2008 12:00am
49 NWFP firms take benefit of CEES 2007

49 NWFP firms take benefit of CEES 2007

A total of 49 private companies of NWFP has taken benefit of the Company Easy Exit Scheme (CEES), 2007 launched by the Security and Exchange Commission of Pakistan (SECP) for de-registration of the companies from the record of the Commission in the countr
Published 09 Jan, 2008 12:00am
16 flour sale points set up in Sialkot

16 flour sale points set up in Sialkot

Sialkot district administration has established 16 sale points for ensuring smooth availability of Atta for the consumers in Sialkot district disclosed District Co-ordination Officer (DCO) Sialkot Captain Atta Muhammad (Retd).
Published 09 Jan, 2008 12:00am
Karachi violence: victims say particular community was targeted

Karachi violence: victims say particular community was targeted

Demanding a survey and compensation, the victims of the December 27 violence in Karachi on Tuesday claimed that they were targeted because of their ethno-linguistic background. "I openly say that we were attacked and looted because we are Mohajirs (those
Published 09 Jan, 2008 12:00am
Cold spell to persist for three days

Cold spell to persist for three days

Cold weather would continue to persist for two to three days more, and once the south-westerly winds take over from the north-easterly winds, there would be some increase in the atmospheric temperature, said Karachi Met Office on Tuesday.
Published 09 Jan, 2008 12:00am
Dr Saeed Shahid appointed IER chairman

Dr Saeed Shahid appointed IER chairman

The newly appointed Punjab University vice-chancellor Professor Dr Mujahid Kamran has appointed Dr Muhammad Saeed Shahid, Institute of Education and Research (IER), as Chairman of Elementary Education department.
Published 09 Jan, 2008 12:00am
AIOU final exams to begin from January 10

AIOU final exams to begin from January 10

According to new schedule issued by Allama Iqbal Open University (AIOU), the final examinations for Semester spring 2007 would be started from Thursday. The final examinations of AIOU from Matric to Ph.D level for the said Semester were postponed due to L
Published 09 Jan, 2008 12:00am
PCG apprehend 39 Afghans

PCG apprehend 39 Afghans

Pakistan Coast Guards (PCG) has taken into custody 39 Afghan nationals in connection with illegal border crossing from Coastal Highway. This was announced in a PCG statement issued here on Tuesday.
Published 09 Jan, 2008 12:00am
Beef shortage in Karachi likely

Beef shortage in Karachi likely

After ata and other eatables, shortage of beef in the city is likely to take place if strict check on smuggling of cattle from across the border continue to remain in place, beef exporter said on Tuesday.
Published 09 Jan, 2008 12:00am
Global telecom congress in April

Global telecom congress in April

Pakistan's first two-day global telecommunication congress (TeleCON 2008), with a special emphasis on challenges and opportunities in the new era of digitalised and wireless environment, will be held on April 12 and 13 at a local hotel.
Published 09 Jan, 2008 12:00am
New postal rates irk people

New postal rates irk people

Pakistan Postal Department has increased the fee charges of money order and VP parcel due to which people are dismayed. According to new schedule, up to Rs 10,000 the money order fee was being charged Rs 50 and above it Rs 100, due to which the employees
Published 09 Jan, 2008 12:00am
'Nation to reject PML-Q if fair, free polls held'

'Nation to reject PML-Q if fair, free polls held'

PML-N leader Muhammad Nasir Iqbal Khan has said here on Tuesday that the negative politics promoted by the PML-Q leaders would not bring forth any good result for their party. He also said the PML-Q leaders, particularly Chaudhry Pervaiz Elahi, must be ca
Published 09 Jan, 2008 12:00am
PML-N leader for change of system

PML-N leader for change of system

PML-N General Secretary Lahore and candidate for PP 141 Mian Mujtaba Shuja-ur-Rehamn has said that in the forthcoming elections, people would reject those who have brought the country to the brink of disaster.
Published 09 Jan, 2008 12:00am
'Independence of judiciary vital for economic progress'

'Independence of judiciary vital for economic progress'

Pakistan Muslim League-Nawaz (PML-N) Vice President Punjab Rana Mashood Ahmed Khan has said that freedom of judiciary was vital for economic progress and development of the country, and only free and fair elections was the answer to our problems.
Published 09 Jan, 2008 12:00am
Country's stability exists in democracy: PML-N

Country's stability exists in democracy: PML-N

Pakistan Muslim League-Nawaz (PML-N)'s central finance secretary Muhammad Pervaiz Malik has said that the country's survival exists in democracy and present instability is due to lack of democratic institution. Addressing a party function here on Tuesday,
Published 09 Jan, 2008 12:00am
EU team listens to Nawaz's concerns

EU team listens to Nawaz's concerns

A four-member delegation of the European Union Election Observation Mission called on Pakistan Muslim League-N quaid, Nawaz Sharif at his residence here on Tuesday and discussed matters pertaining to forthcoming general elections in the country.
Published 09 Jan, 2008 12:00am
Pacra assigns AA to proposed TFC issue by WTL

Pacra assigns AA to proposed TFC issue by WTL

The Pakistan Credit Rating Agency (Pacra) has assigned a rating of "AA-"(Double A minus) to the proposed secured Term Finance Certificate (TFC) issue of Rs 3,000 million by Worldcall Telecom Limited (WTL).
Published 09 Jan, 2008 12:00am
Pacra assigns AA to proposed TFC issue by WTL

Pacra assigns AA to proposed TFC issue by WTL

The Pakistan Credit Rating Agency (Pacra) has assigned a rating of "AA-"(Double A minus) to the proposed secured Term Finance Certificate (TFC) issue of Rs 3,000 million by Worldcall Telecom Limited (WTL).
Published 09 Jan, 2008 12:00am
42 shops gutted in Hashmi Centre

42 shops gutted in Hashmi Centre

Forty-two shops were burnt down in a fire in an electronics market situated at Abdullah Haroon Road in Saddar late on Monday night resulting in losses of millions of rupees to the shop owners, eyewitnesses and Fire Brigade officials said on Tuesday. The f
Published 09 Jan, 2008 12:00am
4.5kg heroin seized at Torkham

4.5kg heroin seized at Torkham

The political authorities of Khyber Agency seized 4.5-kilogram of fine quality heroin from a handcart vendor concealed in washing powder bags at Torkham, Pak-Afghan border, an official said on Tuesday.
Published 09 Jan, 2008 12:00am
JCR-VIS reaffirms POAF fund stability rating at AA-(f)

JCR-VIS reaffirms POAF fund stability rating at AA-(f)

JCR-VIS Credit Rating Company Ltd has reaffirmed the fund stability rating of Pak Oman Advantage Fund (POAF) at 'AA-(f) (Double A minus (f)). POAF aims to provide returns from a portfolio of fixed income securities that carry minimal credit, liquidity and
Published 09 Jan, 2008 12:00am
JCR-VIS reaffirms POAF fund stability rating at AA-(f)

JCR-VIS reaffirms POAF fund stability rating at AA-(f)

JCR-VIS Credit Rating Company Ltd has reaffirmed the fund stability rating of Pak Oman Advantage Fund (POAF) at 'AA-(f) (Double A minus (f)). POAF aims to provide returns from a portfolio of fixed income securities that carry minimal credit, liquidity and
Published 09 Jan, 2008 12:00am
Citrus, mangoes export to Russia: sword of Damocles still hanging

Citrus, mangoes export to Russia: sword of Damocles still hanging

The sword of Damocles continues to hang on citrus and mango exports to Russian Federation. Both products have been specified in the high-risk phytosanitary groups under the agreed mutually co-operative procedures for pre-shipment monitoring of quarantine
Published 09 Jan, 2008 12:00am
Bomb explosion destroys eight shops in Swat

Bomb explosion destroys eight shops in Swat

At least eight shops were destroyed in a bomb explosion took place near Shall Bandi Sharif bazar in the jurisdiction of Dagar police station, Swat district. According to police sources, some unknown persons planted a bomb in a ladies Shopping Centre, whic
Published 09 Jan, 2008 12:00am
Cold wave may continue with fog

Cold wave may continue with fog

Cold wave conditions persist in most parts of the country, which is expected to continue with increased fog and cold during the next 24 hours. The lowest temperature of one degree centigrade was recorded in some parts of Southern Punjab, Meteorological De
Published 09 Jan, 2008 12:00am
Entry of 45 Ulema banned

Entry of 45 Ulema banned

The Punjab government has banned the entry of 45 religious Ulema to Multan district and gagged the 50 clerics to maintain law and order during Muharram.
Published 09 Jan, 2008 12:00am
PHCBA announces three-day strike

PHCBA announces three-day strike

Peshawar High Court Bar Association (PHCBA) and Peshawar District Bar Association (PDBA) here on Monday announced three days province-wide strike from Friday against what they say the prolong detention of their central leadership.
Published 09 Jan, 2008 12:00am
60,000 Hajj pilgrims return home

60,000 Hajj pilgrims return home

Caretaker Minister for Religious Affairs, Khawja Attaullah Taunsa Sharif on Tuesday said that more than 60,000 pilgrims have returned from Saudi Arabia after performing Hajj and the rest will be back to home by January 25, 2008.
Published 09 Jan, 2008 12:00am
35 districts declared sensitive during Muharram

35 districts declared sensitive during Muharram

The government has declared 35 districts as sensitive and taken all the precautionary measures to maintain law and order situation during Muharram in the districts.
Published 09 Jan, 2008 12:00am
Proposal to raise minorities seats sent to EC

Proposal to raise minorities seats sent to EC

The proposal with regard to 10 percent increase in the seats of minorities' members in Senate has been forwarded to the Election Commission. This was stated by Amar Lal, Advisor to Prime Minister on Minorities' Affairs on Tuesday while talking to APP.
Published 09 Jan, 2008 12:00am
Supreme Court adjourns IIBL fraud case hearing

Supreme Court adjourns IIBL fraud case hearing

A three-member bench of the Supreme Court on Tuesday adjourned the hearing of bail applications submitted by Nadeem Anwar and Javed Iqbal Qureshi in Islamic Investment Bank Limited (IIBL) fraud case after accepting the request made by the counsel of one o
Published 09 Jan, 2008 12:00am
Gulgee remembered

Gulgee remembered

Archaeological and Historical Association of Pakistan (AHAP) arranged a condolence meeting in memory of the prominent artist Gulgee here on Tuesday. Dr Ghazanfar Mehdi Chairman (AHAP), presiding over the meeting said, the beautiful calligraphy of Gulgee m
Published 09 Jan, 2008 12:00am
Warid crosses 10 million subscribers mark

Warid crosses 10 million subscribers mark

Warid Telecom has crossed the 10 million subscribers mark in the country. The company has invested over $150 million (Shs255 billion) into its operations and plans to take its total investment in network, services delivery and manpower to over $400 millio
Published 09 Jan, 2008 12:00am
Flour shortage worsens in Rawalpindi

Flour shortage worsens in Rawalpindi

Like other parts of the country the people of Rawalpindi city and surrounding areas are also facing the worst kind of Atta shortage. During a survey not a single bag of 20-kg Atta was found in Sadiqabad, Muslim Town and the suburb areas which is an ample
Published 09 Jan, 2008 12:00am
Religious scholars urged to promote harmony

Religious scholars urged to promote harmony

Chairman of Islamic Ideology Council of Pakistan Dr Khalid Masood said that the religious scholars and Ulema from all schools of thought should play their active role to mark the holy month of Muharramul Haram peacefully and befitting manner.
Published 09 Jan, 2008 12:00am
'Scotland Yard team independently doing its job'

'Scotland Yard team independently doing its job'

The Scotland Yard (SY) team probing the assassination of Benazir Bhutto was independently doing its job and the government had no objection if the team wanted to meet PPP leaders and conduct the autopsy of slain former prime minister.
Published 09 Jan, 2008 12:00am
Maulavi Nazir warns militants to leave Wana

Maulavi Nazir warns militants to leave Wana

A powerful tribal chief on Tuesday warned al Qaeda-linked militants to leave Wana after the death of eight members of his clan supporting peace efforts in the troubled region. Maulavi Nazir, who drove out hundreds of Uzbek fighters in a bloody battle last
Published 09 Jan, 2008 12:00am
The Weather

The Weather

The weather report on Tuesday (January 08, 2008) and the forecast for Wednesday (January 09, 2008).
Published 09 Jan, 2008 12:00am
SECP registers 836 companies during October-December 2007

SECP registers 836 companies during October-December 2007

The Securities and Exchange Commission of Pakistan (SECP) has registered 836 companies including eight foreign entities during the last quarter (October-December) 2007-2008. According to an SECP announcement on Tuesday, a total of 4,841 companies have bee
Published 09 Jan, 2008 12:00am
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