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Print - 2008-02-08
CIA chief says legality of 'waterboarding' now uncertain

CIA chief says legality of 'waterboarding' now uncertain

The head of the CIA said Thursday it is uncertain whether the use of waterboarding, a form of simulated drowning widely condemned as torture, would be lawful if used today against al Qaeda detainees.
Published 08 Feb, 2008 12:00am
White House urges caution on foreign investment curbs

White House urges caution on foreign investment curbs

The White House urged US lawmakers to be "very, very careful" about taking steps to curb investment in the US economy by government-run sovereign wealth funds amid worries about cash-flush China.
Published 08 Feb, 2008 12:00am
US Senate has deal on economic stimulus package

US Senate has deal on economic stimulus package

Democrats and Republicans in the US Senate have reached a deal on an election-year economic stimulus plan that would send government rebate checks to millions of Americans including retirees and disabled veterans.
Published 08 Feb, 2008 12:00am
Africa cotton states urge EU to cut subsidies

Africa cotton states urge EU to cut subsidies

Three African cotton-producing countries called on the European Union on Thursday to do more to cut cotton subsidies as part of a new push for a global free trade deal, but Brussels said its hands were tied.
Published 08 Feb, 2008 12:00am
London coffee and cocoa set new highs, sugar falls

London coffee and cocoa set new highs, sugar falls

London coffee and cocoa futures set multi-year highs on Thursday as roasters and chocolate manufacturers came into the markets as buyers, giving added momentum to a rally led by investment funds, dealers said.
Published 08 Feb, 2008 12:00am
Oil rises $1 on colder US weather forecasts

Oil rises $1 on colder US weather forecasts

Oil rose $1 to over $88 a barrel on Thursday as forecasts for colder weather in the giant US Northeast heating oil market overcame worries over the economic health of the world's top consumer. US crude for March delivery settled up 97 cents at $88.11 a ba
Published 08 Feb, 2008 12:00am
New York cotton settles firmer but off day's highs

New York cotton settles firmer but off day's highs

Cotton futures finished higher on Wednesday on speculative buying inspired by strength in other commodity markets, but the failure to extend the advance at its highs prompted late liquidation in the ring, brokers said.
Published 08 Feb, 2008 12:00am
Financial fears forge oil, equities link

Financial fears forge oil, equities link

Oil and other commodities typically lag more mainstream assets, making them attractive as investment portfolio diversifiers, but since January, they have been swept up in the volatility gripping nervous equity markets.
Published 08 Feb, 2008 12:00am
Copper hits three-month high

Copper hits three-month high

Copper hit a three-month high on Thursday following a fall in London Metal Exchange (LME) inventories, but broader economic worries limited gains, analysts said. European stock markets ended down, capping a move higher by industrial metals, while traders
Published 08 Feb, 2008 12:00am
Platinum powers to record high of $1,850, gold up

Platinum powers to record high of $1,850, gold up

Platinum spiked to a historic high for the sixth trading day in a row on Thursday, as investors flocked to buy the metal on concerns over supply from top producer South Africa.
Published 08 Feb, 2008 12:00am
US MIDDAY: sugar sags

US MIDDAY: sugar sags

Raw sugar futures slipped in early dealings Thursday on liquidation linked to switch trade and speculative sales as the market eyed options expiration in the spot March contract this week, brokers said.
Published 08 Feb, 2008 12:00am
US MIDDAY: wheat climbs

US MIDDAY: wheat climbs

US wheat futures opened higher on Thursday, with the spot March contracts at the Chicago Board of Trade, the Kansas City Board of Trade and the Minneapolis Grain Exchange rising the 30-cent limit amid export demand and dwindling supplies of old-crop US wh
Published 08 Feb, 2008 12:00am
US MIDDAY: soyabeans mixed

US MIDDAY: soyabeans mixed

US soyabean futures on the Chicago Board of Trade were volatile on Thursday - rising and falling - caught in a mix of profit-taking and fresh buying spurred by strong weekly export sales data, traders said.
Published 08 Feb, 2008 12:00am
US MIDDAY: copper firms

US MIDDAY: copper firms

US copper futures firmed at the open on Thursday, with prices poised for a retest of key technical resistance levels, although much depended on Wall Street and its ability to find some traction, analysts said.
Published 08 Feb, 2008 12:00am
US MIDDAY: platinum surges to record, gold up

US MIDDAY: platinum surges to record, gold up

US platinum futures rose to a record high for a sixth straight session on Thursday, as speculative buying and chart-based support fuelled the metal's rally due to ongoing mining issues from top producer South Africa. Meanwhile, the news of gold producers
Published 08 Feb, 2008 12:00am
Effective monitoring system

Effective monitoring system

Agriculture is the backbone of the national economy. Somehow, despite all the tall claims in the past self-sufficiency in foodgrains, if at all attained at one stage or the other, has not been sustained due to lack of proper planning as well as effective
Published 08 Feb, 2008 12:00am
Name of the game...

Name of the game...

In our 'land of the pure', the name of the game these days is egotism coupled with high doses of narcissism. Traces abound. All we hear these days are achievements and goals spiel capped by assurances of better times to come.
Published 08 Feb, 2008 12:00am
Be kind to rodents, plead animal lovers

Be kind to rodents, plead animal lovers

They are seen as dirty, scary and downright nasty. They are associated with sewers, they can produce an alarming 2,000 offspring in a lifetime and they are said to spread all manner of diseases. In literature they are often portrayed as the wrong-doer - s
Published 08 Feb, 2008 12:00am
Will Kosovo independence open Pandora's box in the Caucasus?

Will Kosovo independence open Pandora's box in the Caucasus?

The "Kosovo precedent" forms Russia's most vehement objection to Western recognition of the province's independence, but also its biggest threat. When President Vladmir Putin warned last week that Russia would take "any decision on Kosovo as a precedent f
Published 08 Feb, 2008 12:00am
Performance of banking sector in 2007

Performance of banking sector in 2007

The banking sector is in the peak of profitability since 9/11. The pre-tax profit of the commercial Banks [C.B.s] in 2006 amounted to Rs 123.5 billion which depicted an increase of 30.1 per cent over the pre-tax profit of 2005. The audited annual reports
Published 08 Feb, 2008 12:00am
To be or not to be prime minister?

To be or not to be prime minister?

Coincidental to Benazir Bhutto's 'Chehlum', a kind of debate has erupted as to who would be the PPP's candidate for the office of prime minister in the next government. It was almost a settled issue in that the party high command in its caucus at Naudero
Published 08 Feb, 2008 12:00am
Bird flu in Karachi farm

Bird flu in Karachi farm

According to a news report, health authorities have detected an outbreak of the H5N1 strain of bird flu at a poultry farm on the outskirts of Karachi, but they said there was no likelihood of any human infection.
Published 08 Feb, 2008 12:00am
Trade bodies support PML-Q candidate

Trade bodies support PML-Q candidate

Two main trade bodies here have expressed their confidence in the leadership of Pakistan Muslim League (PML-Q) candidate from NA-165, Mian Ahmad Raza Manika. Anjuman Tajiran President Haji Waseem Ahmad and Tajir Ittehad district Pakpattan President Shaikh
Published 08 Feb, 2008 12:00am
Youth education on vote value, governance urged

Youth education on vote value, governance urged

Speakers at the conference on Thursday stressed the need for educating youth on the value of vote, good governance and about their rights and responsibilities towards politics and society.
Published 08 Feb, 2008 12:00am
Seminar to raise awareness about bird flu

Seminar to raise awareness about bird flu

Bird flu is caused by a virus, which normally does not affect human being and is destroyed at 70 degree centigrade or more. The virus mostly affects domestic pets and wild bird including, chicken, ducks, fowls, and sea fowls. This was said by speakers, in
Published 08 Feb, 2008 12:00am
Government asked to stay away from Basant festival

Government asked to stay away from Basant festival

The government should stay away from the Basant festival and allow observance of this festival of joy and happiness in Lahore on February 23 & 24, said prominent social figure Yousaf Sallauddin. Talking to Business Recorder, Yousaf said that Basant
Published 08 Feb, 2008 12:00am
Artists, intellectuals pride of every nation: minister

Artists, intellectuals pride of every nation: minister

Education Minister Professor Dr Mira Phailbus has said that cordial relations between Japan and Pakistan are based on mutual understanding and co-operation in social and commerce sector. The exchange in creative and artistic arena will further increase th
Published 08 Feb, 2008 12:00am
Road carpeting of LDA Avenue One ordered

Road carpeting of LDA Avenue One ordered

Lahore Nazim Mian Amer Mahmood has directed that road carpeting of LDA Avenue One, a government employees housing scheme, should start on February 15. He was addressing a meeting to review the development work at the LDA Avenue One here on Thursday.
Published 08 Feb, 2008 12:00am
ANP leader laid to rest

ANP leader laid to rest

Vice President of Awami National Party (ANP), Sindh, Fazalur Rehman Kakakhael was laid to rest on Thursday at Madina Kakahael Colony graveyard, here on Thursday. On Wednesday a gunman on a motorbike shot dead Fazalur Rehman Akakahail.
Published 08 Feb, 2008 12:00am
Imran barred from entering Karachi

Imran barred from entering Karachi

Sindh government barred opposition leader Imran Khan from entering Karachi on Thursday because he has called for a boycott of upcoming elections, officials said. Imran Khan was sent back on a plane to Islamabad after officials prevented him from entering
Published 08 Feb, 2008 12:00am
Nokia, Siemens and WWF sign partnership

Nokia, Siemens and WWF sign partnership

Nokia, Siemens networks and World Wildlife Funds (WWF), the global conservation organisation, will work together on a series of activities, including learning on environmental matters. Additionally, WWF will provide an outside view and guidance on the com
Published 08 Feb, 2008 12:00am
Karachi braves three major fire incidents in a single day

Karachi braves three major fire incidents in a single day

Three major fire incidents were occurred in the city on Thursday, however, no casualties were reported. A fire broke out at around 10 am in a chemical factory, Nova Tech Chemical, located at Manzil Pump, Landhi. The inferno broke out in a chemical's drum
Published 08 Feb, 2008 12:00am
IFTDO awards membership to Nutshell Forum

IFTDO awards membership to Nutshell Forum

Pakistan's leading conference management and training resource organisation Nutshell Forum was awarded the membership of International Federation of Training & Development Organisation (IFTDO).
Published 08 Feb, 2008 12:00am
Lecture on 'Energy Security' at Punjab University

Lecture on 'Energy Security' at Punjab University

Russia and China, bilaterally and along with the members of the Shanghai Cooperation, may pose a serious challenge to US interests in Central Asia region, said Dr Musarrat Jabeen, Associate Professor, Department of International Relations, University of B
Published 08 Feb, 2008 12:00am
BAL, BZU to set up Alfalah Bank institute of banking and finance

BAL, BZU to set up Alfalah Bank institute of banking and finance

Bank Alfalah Limited (BAL) and Bahauddin Zakariya University (BZU), Multan, has joined hands to set up Alfalah Bank Institute of Banking and Finance and its foundation stone would be laid on February 8 (today). According to a bank's spokesman here on Thur
Published 08 Feb, 2008 12:00am
Six-member body formed to curb terrorism

Six-member body formed to curb terrorism

The Inspector General Punjab, Ahmad Nasim has constituted a six-member special committee comprising the senior police officer of the department to formulate the recommendations for utilisation of modern technological resources to curb the incidents of sui
Published 08 Feb, 2008 12:00am
'Zardari using Sindh card'

'Zardari using Sindh card'

Muhammad Akram Chaudhry, PML-Q leader and political advisor of Chaudhery Pervaiz Elahi, has accused Co-Chairman of Pakistan People's Party Asif Ali Zardari of, once again, using Sindh card.
Published 08 Feb, 2008 12:00am
Governor reviews Punjab University upgradation work

Governor reviews Punjab University upgradation work

Governor Punjab Khalid Maqbool visited Punjab University School of Biological Sciences and Institute of Chemical and Engineering Technology here on Thursday, to inquire from students about facilities and problems. During his visit he also reviewed various
Published 08 Feb, 2008 12:00am
'PML-Q to serve masses with missionary zeal'

'PML-Q to serve masses with missionary zeal'

Pakistan Muslim League-Q leader and party candidate from PP-152 Lahore Moonis Elahi has said that his party after returning to power will serve the masses with missionary zeal. He said this while talking to Abdul Jabbar Shahid, a political figure of Gulbe
Published 08 Feb, 2008 12:00am
Three alleged drug traffickers arrested

Three alleged drug traffickers arrested

CIA police Cantt division have arrested three drug traffickers and seized 15 KG chars worth lakh of rupees from them. These drug pushers were arrested by a special team constituted on the direction of SP CIA Chaudhry Masood Aziz comprising DSP CIA Cantt a
Published 08 Feb, 2008 12:00am
Aslam Baig calls on Shahbaz Sharif

Aslam Baig calls on Shahbaz Sharif

Chairman Awami Qiadat Party (AQP) and former Army General Mirza Aslam Baig (Retd) along with a delegation has called on PML-N President Mian Shahbaz Sharif and assured his support. During the meeting held on Thursday, General Aslam Baig (Retd) and Shahbaz
Published 08 Feb, 2008 12:00am
Expert advocates more application of organic manure

Expert advocates more application of organic manure

Today's challenge is to replenish our soil potential which has been exhausted due to extensive use of chemical fertilisers, Professor Muhammad Arshad, director, soil and environmental sciences, agriculture university Faisalabad, said during the recently c
Published 08 Feb, 2008 12:00am
PPP candidates vow to carry on Benazir's mission

PPP candidates vow to carry on Benazir's mission

The NWFP chapter of Pakistan Peoples' Party (PPP) on Thursday observed the Chehlum of the late Chairperson Benazir Bhutto with a resolve to continue struggle for the accomplishment of her mission for restoration of democracy and betterment of the downtrod
Published 08 Feb, 2008 12:00am
Chehlum of Benazir Bhutto observed

Chehlum of Benazir Bhutto observed

More than 2000 political activists, PPP workers, lawyers, traders, and members of civil society on Thursday attended the "Chehlum" ceremony of Benazir Bhutto held in Shahi-Eidgah Multan.
Published 08 Feb, 2008 12:00am
Cold wave to continue for next few days

Cold wave to continue for next few days

The Meteorological Department has forecast that presently westerly weather system is likely to persist over Kashmir and adjoining areas for next 24 hours and continental air is likely to prevail over other parts of the country, causing severe cold wave co
Published 08 Feb, 2008 12:00am
The Weather

The Weather

The weather report on Thursday (February 07, 2008) and the forecast for Friday (February 08, 2008).
Published 08 Feb, 2008 12:00am
'Utility Store Bachat Card' scheme being launched today

'Utility Store Bachat Card' scheme being launched today

The government is launching 'Utility Store Bachat Card' scheme for 6.8 million households of the lowest income people throughout the country on Friday. Prime Minister Mohammadmian Soomro approved the scheme here on Thursday.
Published 08 Feb, 2008 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Published 08 Feb, 2008 12:00am
Argentina keen to enhance bilateral trade with Pakistan

Argentina keen to enhance bilateral trade with Pakistan

Ambassador of Argentina in Pakistan Rodalpho Martin Saravia called on President of Islamabad Chamber of Commerce and Industry (ICCI) Ijaz Abbasi here on Thursday and discussed proposals to increase bilateral trade. The Ambassador said that Pakistan could
Published 08 Feb, 2008 12:00am
Additional LPG for AJK requested

Additional LPG for AJK requested

In Order to provide relief to earthquake victims in Azad Jammu Kashmir, Pakistan Petroleum Limited (PPL) has requested Secretary Industries AJK to provide additional 300 MT Liquefied Petroleum Gas (LPG) per month quota for these areas, says a press releas
Published 08 Feb, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (February 07, 2008).
Published 08 Feb, 2008 12:00am
PPP workers vow to carry forward Benazir's message

PPP workers vow to carry forward Benazir's message

Pakistan People's Party (PPP) remembering its martyr leader Benazir Bhutto held a number of functions on 'Chehlum' in the capital city of Punjab here on Thursday. Prayers for the eternal soul of martyr leader who lost her life in a suicide attempt in Rawa
Published 08 Feb, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (February 07, 2008) and for Friday (February 08, 2008).
Published 08 Feb, 2008 12:00am
'Benazir gave her life for democracy'

'Benazir gave her life for democracy'

The main gathering of Chehlum of Pakistan Peoples Party Chairperson Benazir Bhutto was held at Basant Hall, Hyderabad in which the local leaders, candidates of MPA and MNA, workers and all walks of people participated. Quran Khani was arranged, The gather
Published 08 Feb, 2008 12:00am
Khalid Usman new envoy to Tajikistan

Khalid Usman new envoy to Tajikistan

The government has appointed Khalid Usman Qaiser as new ambassador to the Republic of Tajikistan. Presently serving as Minister at Pakistan's embassy in Berlin, Khalid Usman Qaiser holds a bachelor degree in Arts. He joined Foreign Service in 1985 and ser
Published 08 Feb, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (February 07, 2008).
Published 08 Feb, 2008 12:00am
Ministry facing funds shortage to initiate environmental schemes

Ministry facing funds shortage to initiate environmental schemes

Ministry of Environment is facing shortage of funds for planning projects to enhance sanitation coverage and promote safe hygiene practices as part of the activities of International Year of Sanitation, sources told Business Recorder here on Thursd
Published 08 Feb, 2008 12:00am
Khawaja Nizamuddin's Urs from April 21

Khawaja Nizamuddin's Urs from April 21

The annual Urs of Hazrat Khawaja Nizamuddin Aulia will be held from April 21 to 28, at Delhi, India. According to the Ministry of Religious Affairs, the interested Zaireen may apply to attend the Urs on newly computerised application forms not later than
Published 08 Feb, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 07, 2008).
Published 08 Feb, 2008 12:00am
Attempt to steal transformer foiled

Attempt to steal transformer foiled

The staffers of Peshawar Electricity Supply Company (Pesco) Jehangira Sub-Division Staff Wednesday foiled an attempt of theft of transformer at village Mandokhel Banda, District Nowshera. With the help of locals and the staffers of the company not only su
Published 08 Feb, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 07, 2008).
Published 08 Feb, 2008 12:00am
Scotland Yard's team arrives

Scotland Yard's team arrives

A Three-member Scotland Yard's team has arrived to present the final report of probe into the assassination of former Prime Minister Benazir Bhutto. The Scotland Yard team was received by high officials of the Interior Ministry, British High Commission an
Published 08 Feb, 2008 12:00am
KSE members asked to furnish bank account details

KSE members asked to furnish bank account details

The Karachi Stock Exchange (KSE) has asked all the members to furnish the details of their bank account for Physical Shares Settlement in which they desire the credit latest by February 13, 2008.
Published 08 Feb, 2008 12:00am
Adnan Afridi elected Safe vice-chairman

Adnan Afridi elected Safe vice-chairman

Karachi Stock Exchange (KSE) Managing Director Adnan Afridi has been elected Vice Chairman of the Executive Committee of South Asian Federation of Exchanges (Safe).
Published 08 Feb, 2008 12:00am
THE RUPEE: dollar at Rs 63 in open market

THE RUPEE: dollar at Rs 63 in open market

Dollar touched the new high in the open market on Thursday as the rupee breached the barrier of 63 versus the greenback, dealers said. Rising demand for dollars by the importers building pressure over the rupee, it lost 13 paisa for buying at 62.92 and th
Published 08 Feb, 2008 12:00am
P&G presents Ariel world largest Kurta

P&G presents Ariel world largest Kurta

Procter & Gamble Pakistan presented the Ariel world largest Kurta, a Guinness World Record, at an elaborate ceremony in Karachi. The Kurta measures a staggering 101 feet in length and is large enough to be worn by a 175- foot person, says a press release.
Published 08 Feb, 2008 12:00am
THE RUPEE: dollar at Rs 63 in open market

THE RUPEE: dollar at Rs 63 in open market

Dollar touched the new high in the open market on Thursday as the rupee breached the barrier of 63 versus the greenback, dealers said. Rising demand for dollars by the importers building pressure over the rupee, it lost 13 paisa for buying at 62.92 and th
Published 08 Feb, 2008 12:00am
EU eager to improve communications with Sindh

EU eager to improve communications with Sindh

The European Union (EU), which has been active in Pakistan since 1988 is eager to find out how media, civil society organisations, business and public sectors perceive and look at the EU. Having worked in the country for many years the EU delegation in Is
Published 08 Feb, 2008 12:00am
Swiss grant to help anti-corruption efforts, accord signed: TI-P

Swiss grant to help anti-corruption efforts, accord signed: TI-P

Swiss Agency for Development and Cooperation Deputy Country Director Ms Nicole Ruder and Transparency International-Pakistan (TI-P) Chairman Syed Adil Gilani on Thursday signed a bilateral agreement to support Phase-II of TI-P's Anti-Corruption Programme-
Published 08 Feb, 2008 12:00am
End of Musharraf rule nears: I A Rehman

End of Musharraf rule nears: I A Rehman

The end of Musharraf rule is near, as a nation can not be subjugated for ever, stated Human Rights Commission of Pakistan Director I A Rehman here on Thursday. He was speaking during a seminar on 'Crisis of Governance and Future of Federation', which was
Published 08 Feb, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (February 07, 2008).
Published 08 Feb, 2008 12:00am
Pak Oman Company assigned AM3+ rating

Pak Oman Company assigned AM3+ rating

The JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned Management Quality Rating of 'AM3+' (AM-Three Plus) to Pak-Oman Asset Management Company Limited, says a press release. Having been in operations for over a year, the company has launched tw
Published 08 Feb, 2008 12:00am
Pak Oman Company assigned AM3+ rating

Pak Oman Company assigned AM3+ rating

The JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned Management Quality Rating of 'AM3+' (AM-Three Plus) to Pak-Oman Asset Management Company Limited, says a press release. Having been in operations for over a year, the company has launched tw
Published 08 Feb, 2008 12:00am
Trading in AHBL shares to start from February 11

Trading in AHBL shares to start from February 11

The Karachi Stock Exchange has approved the application for formal listing and quotation of shares of the Arif Habib Bank Limited (AHBL) under the listing regulations of the exchange.
Published 08 Feb, 2008 12:00am
Trading in AHBL shares to start from February 11

Trading in AHBL shares to start from February 11

The Karachi Stock Exchange has approved the application for formal listing and quotation of shares of the Arif Habib Bank Limited (AHBL) under the listing regulations of the exchange.
Published 08 Feb, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 08 Feb, 2008 12:00am
Pacra assigns 5-star rating to Askari Income Fund

Pacra assigns 5-star rating to Askari Income Fund

The Pakistan Credit Rating Agency Limited (Pacra) has assigned 5-star rating (normal) to Askari Income Fund (Category: income Fund) based on the performance during FY07. Pacra has completed its review of the performance of mutual funds leading to assignin
Published 08 Feb, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (February 07, 2008).
Published 08 Feb, 2008 12:00am
Pacra assigns 5-star rating to Askari Income Fund

Pacra assigns 5-star rating to Askari Income Fund

The Pakistan Credit Rating Agency Limited (Pacra) has assigned 5-star rating (normal) to Askari Income Fund (Category: income Fund) based on the performance during FY07. Pacra has completed its review of the performance of mutual funds leading to assignin
Published 08 Feb, 2008 12:00am
Prgmea seeks Government subsidy on R&D

Prgmea seeks Government subsidy on R&D

Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) has demanded government's subsidy on Research and Development (R&D) like various sub-sectors of the textile industry.
Published 08 Feb, 2008 12:00am