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Print - 2008-03-12
Banks told to check misuse of wheat finance facility

Banks told to check misuse of wheat finance facility

The State Bank of Pakistan on Tuesday instructed banks to ensure that the wheat procurement finance facility is not utilised for wheat hoarding. Banks were also directed not to entertain any application for grant of fresh loans after June 30, 2008 for pro
Published 12 Mar, 2008 12:00am
Tokyo rubber off high

Tokyo rubber off high

Tokyo rubber futures fell from highs on Tuesday as bearish technical signs prompted fund selling, but record high crude oil prices and concerns over supplies provided some support. The benchmark Tokyo Commodity Exchange rubber contract for August delivery
Published 12 Mar, 2008 12:00am
February food inflation soars to 16.05 percent

February food inflation soars to 16.05 percent

The Consumer Price Index (CPI), a key indicator of inflation, rose 11.25 percent in February 2008 with soaring 16.05 percent food inflation over the same period of last year.
Published 12 Mar, 2008 12:00am
Soya futures end mostly down

Soya futures end mostly down

US soyabean futures on the Chicago Board of Trade ended mostly lower on Monday after a volatile session that included a 50-cent-per-bushel limit slide then a rebound, traders said. The most active contract, May soyabeans, ended 2-1/4 cents per bushel lowe
Published 12 Mar, 2008 12:00am
Musharraf convenes National Assembly session on March 17

Musharraf convenes National Assembly session on March 17

President Pervez Musharraf has convened for next week the maiden session of National Assembly wherein at least more than half of members are in favour of putting up a challenge to his authoritarian rule.
Published 12 Mar, 2008 12:00am
New York sugar futures end off

New York sugar futures end off

ICE raw sugar futures closed at a one-month low on Monday as investors continued to limit their exposure in the market following last week's surge through 15.00 cents, brokers said. "I think you're seeing people cutting back some of their exposure in cert
Published 12 Mar, 2008 12:00am
Musharraf convenes National Assembly session on March 17

Musharraf convenes National Assembly session on March 17

President Pervez Musharraf has convened for next week the maiden session of National Assembly wherein at least more than half of members are in favour of putting up a challenge to his authoritarian rule.
Published 12 Mar, 2008 12:00am
Manila eyes emergency rice fund after auction

Manila eyes emergency rice fund after auction

The Philippines said on Tuesday it may tap a emergency regional rice fund after it attracted only 335,500 tonnes at a tender, less than two thirds of the volume asked for and at significantly higher prices.
Published 12 Mar, 2008 12:00am
Boeing challenges tanker award

Boeing challenges tanker award

Boeing said Tuesday it filed a formal challenge to the US Air Force decision to award a 35-billion-dollar aerial refuelling tanker contract to Northrop Grumman and its European partner EADS.
Published 12 Mar, 2008 12:00am
US rice futures shake off sales

US rice futures shake off sales

US rough rice futures on the Chicago Board of Trade rallied on Monday, with the most active contracts rebounding from weakness to rise the 50-cent trading limit, traders said. CBOT rice was under pressure late last week and Monday on a technical correctio
Published 12 Mar, 2008 12:00am
Oil steadies near record above $108

Oil steadies near record above $108

Oil was steady just below a record high on Tuesday as investors hedged against growing inflation and the falling dollar. US light crude for April delivery fell 5 cents to $107.85 a barrel, after touching a record $108.21 a barrel in the previous session.
Published 12 Mar, 2008 12:00am
Indian soyaoil futures up

Indian soyaoil futures up

Indian soyaoil futures rose on Tuesday tracking firm Malaysian palm oil and pushed up by renewed spot buying after markets fell more than 9 percent last week. At 4:20 pm (1050 GMT), the March contract was up 2.76 percent at 687.35 rupees ($17) per 10 kg.
Published 12 Mar, 2008 12:00am
February food inflation soars to 16.05 percent

February food inflation soars to 16.05 percent

The Consumer Price Index (CPI), a key indicator of inflation, rose 11.25 percent in February 2008 with soaring 16.05 percent food inflation over the same period of last year.
Published 12 Mar, 2008 12:00am
Platinum jumps, gold tracks retreating oil

Platinum jumps, gold tracks retreating oil

Platinum, used in auto catalysts and jewellery, rallied 4 percent on Tuesday as speculators jumped into the market after a drop the previous day, while gold tracked oil's fall from record highs.
Published 12 Mar, 2008 12:00am
Banks told to check misuse of wheat finance facility

Banks told to check misuse of wheat finance facility

The State Bank of Pakistan on Tuesday instructed banks to ensure that the wheat procurement finance facility is not utilised for wheat hoarding. Banks were also directed not to entertain any application for grant of fresh loans after June 30, 2008 for pro
Published 12 Mar, 2008 12:00am
US platinum, gold end down

US platinum, gold end down

New York platinum futures retraced heavy initial losses to finish slightly down on bargain hunting, while gold and silver contracts fell but moved off their lows in a broad-based metals recovery. A sharp rally in crude oil prices also powered gold to reco
Published 12 Mar, 2008 12:00am
Banks told to check misuse of wheat finance facility

Banks told to check misuse of wheat finance facility

The State Bank of Pakistan on Tuesday instructed banks to ensure that the wheat procurement finance facility is not utilised for wheat hoarding. Banks were also directed not to entertain any application for grant of fresh loans after June 30, 2008 for pro
Published 12 Mar, 2008 12:00am
US copper lower

US copper lower

US copper futures ended at a two-week low on Monday on selling linked to fears of a looming US recession and slower demand signals from China, the world's leading copper consumer, analysts said. Chinese imports fell 5 percent to 226,980 tonnes in February
Published 12 Mar, 2008 12:00am
Recession fears haunt Shanghai copper

Recession fears haunt Shanghai copper

Shanghai copper fell 1.3 percent on Tuesday, following losses in London overnight as concerns that the United States is running into recession dampened enthusiasm for industrial metals.
Published 12 Mar, 2008 12:00am
Malaysian tin slips

Malaysian tin slips

Malaysian tin fell slightly on Tuesday, as good physical demand from Japan and Europe offset the impact of a $200-per-tonne drop on the London Metal Exchange, one dealer said.
Published 12 Mar, 2008 12:00am
Russian grain, sunseed prices keep rising

Russian grain, sunseed prices keep rising

Russian grain prices rose steadily last week on limited supply, with sellers setting new price levels daily, although the overall rate of increase was slower than in previous weeks. The domestic wheat and rye markets climb to new record highs, the indepen
Published 12 Mar, 2008 12:00am
New York cocoa ends lower

New York cocoa ends lower

US cocoa futures eased with other soft commodities on Monday, settling 0.9 percent lower as traders continued to lock up profits made on the run to 28-year highs last week. "Fund activity overall has been pretty quiet today as the markets look to consolid
Published 12 Mar, 2008 12:00am
Karachi LTU seeks sufficient fiscal administrative autonomy

Karachi LTU seeks sufficient fiscal administrative autonomy

The Large Taxpayer Unit (LTU) at Karachi has sought sufficient financial and administrative autonomy from the Federal Board of Revenue (FBR) to independently deal with the shortage of sales tax officials, non-availability of IT equipment and other serious
Published 12 Mar, 2008 12:00am
New lending facility to boost market function: Fed

New lending facility to boost market function: Fed

A fresh Federal Reserve facility to pump up to $200 billion into stressed financial markets should help improve market functioning by quickly making a large amount of liquidity available, senior Fed officials said on Tuesday.
Published 12 Mar, 2008 12:00am
New lending facility to boost market function: Fed

New lending facility to boost market function: Fed

A fresh Federal Reserve facility to pump up to $200 billion into stressed financial markets should help improve market functioning by quickly making a large amount of liquidity available, senior Fed officials said on Tuesday.
Published 12 Mar, 2008 12:00am
US cargo scanning law unfair: EU envoy

US cargo scanning law unfair: EU envoy

A US law requiring the European Union and other countries to eventually scan all cargo headed to the United States forces other countries to pay for US security - without getting the same benefit in return.
Published 12 Mar, 2008 12:00am
SocGen's $8.5 billion rights issue oversubscribed

SocGen's $8.5 billion rights issue oversubscribed

French bank Societe Generale said its 5.5 billion euro ($8.45 billion) rights issue was oversubscribed, providing a base for its battle to recover from a trading scandal that has made it a take-over target. Investors applied for 1.84 times the number of s
Published 12 Mar, 2008 12:00am
SocGen's $8.5 billion rights issue oversubscribed

SocGen's $8.5 billion rights issue oversubscribed

French bank Societe Generale said its 5.5 billion euro ($8.45 billion) rights issue was oversubscribed, providing a base for its battle to recover from a trading scandal that has made it a take-over target. Investors applied for 1.84 times the number of s
Published 12 Mar, 2008 12:00am
EU raids airlines in cartel probe

EU raids airlines in cartel probe

European Commission trust busters raided the offices of several international airlines operating long-haul scheduled flights to Japan on Tuesday in an investigation into suspected cartel activity.
Published 12 Mar, 2008 12:00am
KLM says subject of probe

KLM says subject of probe

KLM Royal Dutch Airlines, the Dutch arm of Air France KLM, said on Tuesday it was subject of a EU cartel probe. A spokeswoman told ANP Reuters that KLM would fully cooperate with the authorities.
Published 12 Mar, 2008 12:00am
Oil touches near $110

Oil touches near $110

Oil surged to a record near $110 a barrel on Tuesday before a liquidity injection by the US Federal Reserve and other central banks pared gains. US crude settled up 85 cents at $108.75 a barrel after hitting $109.72. London Brent crude rose $1.09 to $105.
Published 12 Mar, 2008 12:00am
China reshuffles energy sector

China reshuffles energy sector

China on Tuesday unveiled a long-awaited reshuffle of its energy sector, setting up two new but relatively weak bodies that analysts say may struggle to improve handling of demand, security and powerful companies.
Published 12 Mar, 2008 12:00am
Oil touches near $110

Oil touches near $110

Oil surged to a record near $110 a barrel on Tuesday before a liquidity injection by the US Federal Reserve and other central banks pared gains. US crude settled up 85 cents at $108.75 a barrel after hitting $109.72. London Brent crude rose $1.09 to $105.
Published 12 Mar, 2008 12:00am
British airlines attack higher London landing charges

British airlines attack higher London landing charges

British and Irish airlines joined forces Tuesday to attack a move allowing airports operator BAA to significantly increase landing charges for planes touching down at London's main airports.
Published 12 Mar, 2008 12:00am
Oil touches near $110

Oil touches near $110

Oil surged to a record near $110 a barrel on Tuesday before a liquidity injection by the US Federal Reserve and other central banks pared gains. US crude settled up 85 cents at $108.75 a barrel after hitting $109.72. London Brent crude rose $1.09 to $105.
Published 12 Mar, 2008 12:00am
BoE extends liquidity measures

BoE extends liquidity measures

The Bank of England extended its offer of three-month loans against easier collateral on Tuesday as part of a co-ordinated action by the world's top central banks to calm nervous money markets.
Published 12 Mar, 2008 12:00am
EU assembly approves European innovation body

EU assembly approves European innovation body

The European Parliament on Tuesday approved the setting up of a technology institute aimed at plugging Europe's innovation gap with the United States and China.
Published 12 Mar, 2008 12:00am
Karachi LTU seeks sufficient fiscal administrative autonomy

Karachi LTU seeks sufficient fiscal administrative autonomy

The Large Taxpayer Unit (LTU) at Karachi has sought sufficient financial and administrative autonomy from the Federal Board of Revenue (FBR) to independently deal with the shortage of sales tax officials, non-availability of IT equipment and other serious
Published 12 Mar, 2008 12:00am
EADS 2007 net loss worse than expected

EADS 2007 net loss worse than expected

Steep losses at planemaker Airbus pushed European aerospace group EADS further than expected into the red last year, hitting its shares as it also disappointed investors with a cautious profit forecast.
Published 12 Mar, 2008 12:00am
Karachi LTU seeks sufficient fiscal administrative autonomy

Karachi LTU seeks sufficient fiscal administrative autonomy

The Large Taxpayer Unit (LTU) at Karachi has sought sufficient financial and administrative autonomy from the Federal Board of Revenue (FBR) to independently deal with the shortage of sales tax officials, non-availability of IT equipment and other serious
Published 12 Mar, 2008 12:00am
EADS 2007 net loss worse than expected

EADS 2007 net loss worse than expected

Steep losses at planemaker Airbus pushed European aerospace group EADS further than expected into the red last year, hitting its shares as it also disappointed investors with a cautious profit forecast.
Published 12 Mar, 2008 12:00am
Revised bidding, contract documents of PEC approved

Revised bidding, contract documents of PEC approved

In the light of the World Bank's recommendations, the Executive Committee of National Economic Council (Ecnec) has approved revised bidding/ contract documents of the Pakistan Engineering Council (PEC) for provision of escalation in cost to offset the imp
Published 12 Mar, 2008 12:00am
US trade gap widens

US trade gap widens

The US trade deficit widened slightly in January, as oil prices averaging $84 per barrel pushed imports to an all-time high even though slow US economic growth reduced demand for many foreign goods.
Published 12 Mar, 2008 12:00am
Revised bidding, contract documents of PEC approved

Revised bidding, contract documents of PEC approved

In the light of the World Bank's recommendations, the Executive Committee of National Economic Council (Ecnec) has approved revised bidding/ contract documents of the Pakistan Engineering Council (PEC) for provision of escalation in cost to offset the imp
Published 12 Mar, 2008 12:00am
Unemployment rate rises in 27 states

Unemployment rate rises in 27 states

Michigan again recorded the highest unemployment rate in January, followed by Alaska, with most states recording little change in the measure, the Labour Department said on Tuesday.
Published 12 Mar, 2008 12:00am
Revised bidding, contract documents of PEC approved

Revised bidding, contract documents of PEC approved

In the light of the World Bank''s recommendations, the Executive Committee of National Economic Council (Ecnec) has approved revised bidding/ contract documents of the Pakistan Engineering Council (PEC) for provision of escalation in cost to offset the im
Published 12 Mar, 2008 12:00am
Malaysian palm oil rises

Malaysian palm oil rises

Malaysian crude palm oil prices ended nearly 5 percent higher on Tuesday on the back of stronger export data and on expectations that soyaoil prices would continue to rise overnight, traders said.
Published 12 Mar, 2008 12:00am
February food inflation soars to 16.05 percent

February food inflation soars to 16.05 percent

The Consumer Price Index (CPI), a key indicator of inflation, rose 11.25 percent in February 2008 with soaring 16.05 percent food inflation over the same period of last year.
Published 12 Mar, 2008 12:00am
Indonesian palm oil market mixed

Indonesian palm oil market mixed

Indonesian palm oil prices were mixed on Tuesday, despite gains in the Malaysian market, as recent price swings made many traders cautious. The state marketing centre in Jakarta sold crude palm oil at 10,445 rupiah ($1.14) a kg, an increase of 4 percent f
Published 12 Mar, 2008 12:00am
PPP concerned over rising trade deficit

PPP concerned over rising trade deficit

The PPP has expressed its grave concern over rising trade deficit surpassing $12.43 billion in the last eight months of the current fiscal. Information Secretary Sherry Rehman said on Tuesday that the trade deficit had topped in the country's history, and
Published 12 Mar, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 11, 2008).

Published 12 Mar, 2008 12:00am
PPP condemns Lahore bomb blasts

PPP condemns Lahore bomb blasts

Vice chairman PPP, Syed Yousaf Raza Gillani and president PPP Punjab, Makhdoom Shah Mehmood Qureshi have strongly condemned the Lahore bomb blasts. They have expressed their grief and sorrow with the bereaved families.
Published 12 Mar, 2008 12:00am
PPP MNAs-elect from Punjab want Zardari to be Prime Minister: Mukhtar

PPP MNAs-elect from Punjab want Zardari to be Prime Minister: Mukhtar

Pakistan People's Party (PPP) members National Assembly (MNAs) elected from Punjab want PPP co chairman Asif Ali Zardari to become the Prime Minister as they are pleased with the way he run the party after tragic assassination of Mohtarama Benazir Bhutto
Published 12 Mar, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (March 11, 2008).

Published 12 Mar, 2008 12:00am
Sugar mill owners: Zardari pledges to hold inquiry

Sugar mill owners: Zardari pledges to hold inquiry

Pakistan Peoples Party co-chairman, Asif Ali Zardari on Tuesday promised to hold enquiry into how sugar mill owners fleeced sugarcane growers. Syed Inayat Ali Shah, MNA-elect from Chiniot informed PPP co-chairman in a meeting with the latter that he had p
Published 12 Mar, 2008 12:00am
Kashmiris protest in London on Commonwealth Day

Kashmiris protest in London on Commonwealth Day

Justice Foundation Kashmir Centre London organised a rally at the British capital iconic landmark of Trafalgar Square to highlight the appalling human rights abuses occurring in the occupied valley and Kashmiris right to self-determination.
Published 12 Mar, 2008 12:00am
Three killed in road accidents

Three killed in road accidents

At least three persons including minor girl were killed and three other seriously injured in two different road accidents on Tuesday. Police said that two persons including Javed, 25 and Tahir Masood, 35 were killed.
Published 12 Mar, 2008 12:00am
Seven of a family killed in road accident

Seven of a family killed in road accident

At least seven devotees of a family were killed and another 18 injured, five of them were reported in precarious condition when a special bus-bound for Sakhi Sarwar (Dera Ghazi Khan) from Faisalabad collided head-on with a trailer on Tuesday.
Published 12 Mar, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (March 11, 2008) and for Wednesday (March 12, 2008).
Published 12 Mar, 2008 12:00am
Blast damages LHC offices

Blast damages LHC offices

The bomb blast also hits the Lahore High Court (LHC) offices smashing their windows and created panic on Tuesday. The Lahore High Court Bar Association had scheduled a general house meeting for Tuesday. Lawyers rushed towards the building to check if the
Published 12 Mar, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (March 11, 2008).

Published 12 Mar, 2008 12:00am
High alert in Karachi

High alert in Karachi

Security high alert has been declared in Karachi on Tuesday after bomb blasts in Lahore. The security was already tightened in the southern metropolis, which was declared high alert after the Tuesday blasts in Lahore, Capital City Police Officer (CCPO) Ni
Published 12 Mar, 2008 12:00am
Italy for promoting bilateral trade and investment

Italy for promoting bilateral trade and investment

Italian Ambassador Dr Vincenzo Prati has stressed the need for promotion of bilateral trade and investment between Italy and Pakistan in different sectors like manufacturing of heavy machinery, power generation machinery, chemicals, dairy, telecommunicati
Published 12 Mar, 2008 12:00am
Completion of schemes ordered

Completion of schemes ordered

Livestock Additional Secretary Mushtaq Ahmad has ordered officers to complete a string of development schemes. He told a meeting held to review the annual development programme 2007-08 spending up to January that his department had spent 56 percent of the
Published 12 Mar, 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 12 Mar, 2008 12:00am
The Weather

The Weather

The weather report on Tuesday (March 11, 2008) and the forecast for Wednesday (March 12, 2008).
Published 12 Mar, 2008 12:00am
Qazi urges new parliament to oust Musharraf

Qazi urges new parliament to oust Musharraf

Amir of Jamaat-e-Islami, Pakistan, Qazi Hussain Ahmad has urged the upcoming coalition government to oust President Pervez Musharraf through legislation and put an end to his pro-American policies.
Published 12 Mar, 2008 12:00am
Two International awards for Marriott

Two International awards for Marriott

The Islamabad Marriott Hotel received two international awards that include Mustang and Sales Leadership 2007, from the Marriott International at the General Managers' Conference of Asia Pacific region held in Beijing.
Published 12 Mar, 2008 12:00am
Jashn-e-Baharaan on March 14

Jashn-e-Baharaan on March 14

A 'Jashn-e-Baharaan' will be marked at the Institute of Business Management here on March 14. An announcement here on Tuesday said that special children would also be invited as the special guests. Some celebrities of the showbiz would also attend the 'Ja
Published 12 Mar, 2008 12:00am
Hoti advocates for effective jirga system in NWFP

Hoti advocates for effective jirga system in NWFP

The NWFP Chief Minister-designate Amir Haider Khan Hoti has pledged for the effectiveness of traditional jirga system comprising local elders, political forces, opinion leaders and people's representatives to root out the menace of extremism from the Pukh
Published 12 Mar, 2008 12:00am
HEC announces indigenous PhD fellowships programme

HEC announces indigenous PhD fellowships programme

The Higher Education Commission (HEC) has announced Indigenous PhD Fellowships scheme for the academic year 2008-09 in all areas of studies. Under the scheme, students will be eligible for the HEC scholarship for study in those universities and degree awa
Published 12 Mar, 2008 12:00am
Musharraf terms blasts 'sheer madness'

Musharraf terms blasts 'sheer madness'

President Pervez Musharraf on Tuesday strongly condemned the twin suicide blasts in Lahore, terming it "sheer madness" by some misled people in the name of Islam.
Published 12 Mar, 2008 12:00am
Sami made Joint Secretary in Senate Secretariat

Sami made Joint Secretary in Senate Secretariat

Abdul Sami Khan has been posted Joint Secretary in the Senate Secretariat, said an Establishment Division notification here. The officer assumed charge of his post in the Senate Secretariat on Tuesday.
Published 12 Mar, 2008 12:00am
Provinces asked to review, revisit security plan

Provinces asked to review, revisit security plan

The interior ministry spokesman Brigadier Javed Iqbal Cheema (Retd) on Tuesday hoped that the new government would not spare any effort to eliminate terrorism as the new wave of suicide attacks, what he said, was aimed at giving no space for the would be
Published 12 Mar, 2008 12:00am
'Tusdec planning to set up Electronic Complex'

'Tusdec planning to set up Electronic Complex'

Lahore Chamber of Commerce and Industries (LCCI) and Technology Upgradation and Skill Development Company (Tusdec) will work together to make Pakistan's industrial sector internationally competitive in terms of technology and human resource.
Published 12 Mar, 2008 12:00am
Call to formulate new trade union laws

Call to formulate new trade union laws

Gulzar Ahmad Chaudhry senior trade unionist of All Pakistan Trade Union Federation (APTUF) here on Tuesday have stressed upon political parties intending to frame new political government in the country to make new trade union laws in conformity with ILO
Published 12 Mar, 2008 12:00am
Businessmen condemn bomb blasts

Businessmen condemn bomb blasts

The Lahore Chamber of Commerce and Industry, condemning suicide bombings here in strongest possible terms, has termed it a failure of the law-enforcement agencies as protection of life and property of citizens has always been the prime task of the state.
Published 12 Mar, 2008 12:00am
'Bureaucracy creating hurdles in release of funds'

'Bureaucracy creating hurdles in release of funds'

City Nazim Peshawar, Haji Ghulam Ali on Monday said that bureaucratic red tapism is creating hurdles in the development schemes initiated by the City District Government Peshawar (CDGP) for mitigating the problems of the people of the district.
Published 12 Mar, 2008 12:00am
Sindh Cabinet meets today

Sindh Cabinet meets today

The Caretaker Sindh Cabinet will meet here on Wednesday with Caretaker Chief Minister Justice Abdul Qadir Halepota in the chair. The meeting will be held a 12-30 pm in the Cabinet Room, Sindh Secretariat, an official announcement said Tuesday.
Published 12 Mar, 2008 12:00am
PEC election on Sindh seat held

PEC election on Sindh seat held

Engr Mohammed Shafiq, working as Controller in Karachi Building Control Authority, won the election of Pakistan Engineering Council as member Civil Engineer (Sindh) by obtaining 1461 votes. His opponents Engr Khalid Rasheed Qureshi and Engr Ali Akbar Shai
Published 12 Mar, 2008 12:00am
IBP convocation on March 13

IBP convocation on March 13

The Institute of Bankers Pakistan (IBP) is holding its convocation at Lahore on March 13 at a local hotel. State Bank of Pakistan Governor Dr Shamshad Akhter, who is also the President of the Institute, will be the guest of honour.
Published 12 Mar, 2008 12:00am
October 8 inquiry tribunal proceedings stayed

October 8 inquiry tribunal proceedings stayed

A division bench of Sindh High Court (SHC) comprising Justice Qaiser Iqbal and Justice Syed Mehmood Alam Rizvi on Tuesday stayed, till April 14, the proceedings of the tribunal of inquiry probing into October 18 twin blasts at Karsaz.
Published 12 Mar, 2008 12:00am
LHC directs police to book criminal in plot case

LHC directs police to book criminal in plot case

The Lahore High Court has ordered Narrowal's district police officer to register a criminal case against Amjad alias Jatta after he allegedly occupied petitioner Sakania Bibi's plot and tortured her and her family.
Published 12 Mar, 2008 12:00am
Two tax officials promoted

Two tax officials promoted

The Federal Board of Revenue (FBR) has promoted two senior income tax officials (BS-20) to BS-21 and posted them as Accountant Members, Income Tax Appellate Tribunal with immediate effect. According to a notification issued on Tuesday, Qurban Ali and Iqba
Published 12 Mar, 2008 12:00am
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