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Print - 2008-06-18
Flintoff back in action

Flintoff back in action

England all-rounder Andrew Flintoff made his comeback from a side strain in Lancashire's second-team match against Durham on Tuesday. Flintoff suffered the injury ahead of England's first Test against New Zealand, ruling him out of the entire series, but
Published 18 Jun, 2008 12:00am
Austrian media lament early exit

Austrian media lament early exit

In the end there was to be no "miracle" of Vienna for the Austrian national side, whose early exit from the Euro 2008 championships they co-hosted with the Swiss the media lamented on Tuesday. A 1-0 final Group B loss to Germany left the Austrians joint b
Published 18 Jun, 2008 12:00am
MCC committee approves Pietersen switch hitting

MCC committee approves Pietersen switch hitting

The Marylebone Cricket Club (MCC) approved on Tuesday the switch-hitting technique used by England batsman Kevin Pietersen to hit two sixes in Sunday's one-day international against New Zealand. Pietersen changed his stance and grip twice from right-hande
Published 18 Jun, 2008 12:00am
Lampard or Deco for Inter, not both

Lampard or Deco for Inter, not both

Inter Milan president Massimo Moratti has confirmed that his club will buy either Frank Lampard or Deco in their summer spending spree, but not both. Lampard was one of new Inter coach Jose Mourinho's lieutenants at Chelsea, whilst Deco has long been link
Published 18 Jun, 2008 12:00am
Ponting happy to keep winning despite talk of decline

Ponting happy to keep winning despite talk of decline

Ricky Ponting admits that Australia are clearly in transition, but he emphasises that they continue to win Test matches and Test series which is very important. Australia completed an 87-run victory in the third and final Test against West Indies on Monda
Published 18 Jun, 2008 12:00am
Ronaldo moves closer to Manchester United exit

Ronaldo moves closer to Manchester United exit

Cristiano Ronaldo appears to be edging closer to joining Real Madrid after reports in England on Tuesday claimed the Manchester United winger is ready to demand a transfer after Euro 2008. Ronaldo has made it clear he would like to sign for the Spanish ch
Published 18 Jun, 2008 12:00am
iSixes World Series cancelled

iSixes World Series cancelled

The iSixes World Series, a new tournament billed as a six-a-side extravaganza featuring some of the top names in the game, has collapsed, organisers told AFP Tuesday. The event was launched here amid much fanfare in May with teams from all nine Test playi
Published 18 Jun, 2008 12:00am
McCain touts energy conservation, oil exploration

McCain touts energy conservation, oil exploration

US Republican presidential candidate John McCain will call on Tuesday for energy conservation and the lifting of a ban on oil and natural gas exploration as two ways to help address the nation's "dangerous" dependence on foreign oil.
Published 18 Jun, 2008 12:00am
Army probe of journalists death flawed: US inspector

Army probe of journalists death flawed: US inspector

US soldiers who shot dead a Reuters journalist in Iraq three years ago acted appropriately, but the Army's probe of the incident was flawed because evidence went missing, a Pentagon investigation said. Reuters said it was disappointed the Defence Departme
Published 18 Jun, 2008 12:00am
Darfur, repatriation may delay Sudan elections

Darfur, repatriation may delay Sudan elections

Conflict in Darfur and the slow return of millions displaced by civil war may delay beyond 2009 Sudan's first free election in more than two decades, the country's last democratically elected leader said. Sadig al-Mahdi, the prime minister deposed in 1989
Published 18 Jun, 2008 12:00am
US embassy in Abu Dhabi warns its nationals of terror threat

US embassy in Abu Dhabi warns its nationals of terror threat

The US embassy in the United Arab Emirates (UAE) warned its nationals Tuesday of potential terror threats in the region ahead of the July 4 celebrations a day after the British embassy there issued a similar warning.
Published 18 Jun, 2008 12:00am
Silk Road city locked down ahead of torch relay

Silk Road city locked down ahead of torch relay

China locked down the far-western former Silk Road city of Kashgar on Tuesday in preparation for the passage of the Olympic torch relay through the sensitive region populated by ethnic-minority Muslim Uighurs. Shops lining Wednesday's torch route were shu
Published 18 Jun, 2008 12:00am
Court allows Anwar to challenge 1998 dismissal

Court allows Anwar to challenge 1998 dismissal

Malaysia's highest court has ruled that opposition leader Anwar Ibrahim can take legal action to challenge his 1998 sacking as deputy prime minister, his lawyer confirmed Tuesday.On Monday, the Federal Court decided unanimously that Anwar would be allowed
Published 18 Jun, 2008 12:00am
UN envoy meets with Mugabe on Zimbabwe election

UN envoy meets with Mugabe on Zimbabwe election

A United Nations envoy met Zimbabwe's President Robert Mugabe on Tuesday to discuss the violent political crisis ahead of this month's presidential election run-off. The visit of Assistant Secretary-General for Political Affairs Haile Menkerios is the fir
Published 18 Jun, 2008 12:00am
India deports over 100 Bangladeshi women

India deports over 100 Bangladeshi women

More than 100 smuggled Bangladeshi women have been deported from India back to Bangladesh over the past week at checkpoints along the porous 460-kilometre border, a prominent body of local women lawyers said Tuesday.
Published 18 Jun, 2008 12:00am
EU's oil, food and treaty woes crowd summit

EU's oil, food and treaty woes crowd summit

Unrest over soaring oil and food prices and a slowing economy converge with political woes over Ireland's rejection of a European Union reform treaty to put pressure on EU leaders at a summit in Brussels this week.
Published 18 Jun, 2008 12:00am
Indian government struggles with US nuclear pact

Indian government struggles with US nuclear pact

The future of a key nuclear energy pact between New Delhi and Washington appeared bleak Tuesday with the Indian government apparently failing to win over sceptical left-wing allies.
Published 18 Jun, 2008 12:00am
South Korean labour group calls strike

South Korean labour group calls strike

A 600,000-strong South Korean labour group on Tuesday announced a one-day strike next month to protest against the president's economic reform plans, adding pressure on the embattled leader facing calls for his ouster.
Published 18 Jun, 2008 12:00am
Britain's 'lyrical terrorist' wins court appeal

Britain's 'lyrical terrorist' wins court appeal

A British woman who called herself the "lyrical terrorist" and wrote a poem about beheading a hostage, won an appeal against a criminal conviction in London on Tuesday. Samina Malik, 23, had been convicted last year of possessing documents useful to terro
Published 18 Jun, 2008 12:00am
Sarkozy unveils major defence overhaul

Sarkozy unveils major defence overhaul

President Nicolas Sarkozy announced an overhaul of France's military on Tuesday to create a smaller and more mobile army, committing Paris to closer ties with Nato and a stronger European defence policy.
Published 18 Jun, 2008 12:00am
Air strikes kill six in Gaza Strip

Air strikes kill six in Gaza Strip

Israel launched three back-to-back air strikes in the southern and central Gaza Strip on Tuesday afternoon, killing at least six Palestinian gunmen, medical officials said. Four of the dead were militants of the al Quds Brigades, the armed wing of the rad
Published 18 Jun, 2008 12:00am
Iran to keep money in European banks

Iran to keep money in European banks

Iran is not planning to move assets from European banks, a banking official said on Tuesday, rejecting reports it is making major withdrawals to dodge impending EU sanctions. "No money from Iranian banks has been transferred out of European banks to Iran
Published 18 Jun, 2008 12:00am
Low turnout in French strike on pensions, 35-hour week

Low turnout in French strike on pensions, 35-hour week

Tens of thousands of French workers demonstrated against government plans to reform pensions and the 35-hour work week on Tuesday but the biggest labour union conceded turnout was lower than it had hoped. The relatively low participation, by French standa
Published 18 Jun, 2008 12:00am
Afghanistan and Iraq drive up global refugee toll

Afghanistan and Iraq drive up global refugee toll

The conflicts in Iraq and Afghanistan drove up the number of world refugees for a second straight year in 2007, the United Nations said on Tuesday. The UN High Commissioner for Refugees (UNHCR) said there were 11.4 million refugees under its responsibilit
Published 18 Jun, 2008 12:00am
British ministers forego pay rise to stem inflation

British ministers forego pay rise to stem inflation

British Prime Minister Gordon Brown said on Tuesday that government ministers would forego their annual pay rise to set an example to other public sector workers at a time of rising inflation. "Given the importance of public sector pay restraint at a time
Published 18 Jun, 2008 12:00am
Assad begins India visit

Assad begins India visit

Syrian President Bashar al-Assad on Tuesday arrived in India on a five-day visit during which the two countries are expected to enhance bilateral relations and sign several agreements, officials said. This is the first visit to India by Assad and the firs
Published 18 Jun, 2008 12:00am
Sterling falls

Sterling falls

Sterling fell to near a one-month low on Tuesday after the Bank of England said it was uncertain about the path to take to get British inflation back on track following higher than expected inflation data.
Published 18 Jun, 2008 12:00am
Dollar slips in London

Dollar slips in London

The dollar slipped against the euro while sterling sold off widely on Tuesday as traders broadly scaled back expectations of how high US, euro zone and UK interest rates will be raised to tame inflation.
Published 18 Jun, 2008 12:00am
Indian rupee rises

Indian rupee rises

The Indian rupee rose on Tuesday, but lacked conviction despite a second day of solid gains in the stock market as dollar demand from private banks and oil importers weighed. The partially convertible rupee ended at 42.885/895 per dollar, 0.13 percent str
Published 18 Jun, 2008 12:00am
Credit spreads edge tighter

Credit spreads edge tighter

European credit spreads inched tighter on Tuesday, helped by reassuring results from Goldman Sachs, buoyant equity markets and moderate US core producer price index data. By 1515 GMT, the Markit investment-grade iTraxx Europe index was at 79.75 basis poin
Published 18 Jun, 2008 12:00am
Credit spreads edge tighter

Credit spreads edge tighter

European credit spreads inched tighter on Tuesday, helped by reassuring results from Goldman Sachs, buoyant equity markets and moderate US core producer price index data. By 1515 GMT, the Markit investment-grade iTraxx Europe index was at 79.75 basis poin
Published 18 Jun, 2008 12:00am
Tuesday's early afternoon trade: Wall Street declines

Tuesday's early afternoon trade: Wall Street declines

US stocks fell on Tuesday as Goldman Sachs warned that banks may need to raise an additional $65 billion, stoking worries about further fallout from the mortgage crisis. Goldman said the global credit crisis will not peak until 2009 and lowered its price
Published 18 Jun, 2008 12:00am
Asian bond spreads firm

Asian bond spreads firm

Asian bonds were broadly firm on Tuesday after US cable operator Time Warner Cable Inc made the biggest high-grade debt sale in a month, but investors were cautious due to the growing pipeline of new issues in the region. Indonesian and Philippine bonds w
Published 18 Jun, 2008 12:00am
Asian bond spreads firm

Asian bond spreads firm

Asian bonds were broadly firm on Tuesday after US cable operator Time Warner Cable Inc made the biggest high-grade debt sale in a month, but investors were cautious due to the growing pipeline of new issues in the region. Indonesian and Philippine bonds w
Published 18 Jun, 2008 12:00am
UK's top share index rises

UK's top share index rises

Britain's top share index ended 1.2 percent higher on Tuesday, as results from the largest US investment bank Goldman Sachs helped lift banking stocks, while firm commodity prices boosted the mining and oil sectors. The FTSE 100 closed up 67.3 points at 5
Published 18 Jun, 2008 12:00am
Aluminium climbs, copper down

Aluminium climbs, copper down

Copper prices were underpinned by a weak dollar and robust industrial production data from China, which boosted expectations of strong demand, traders and analysts said. Aluminium touched its highest level in almost a month at $3,046 per tonne, boosted by
Published 18 Jun, 2008 12:00am
Oil falls on Saudi output hike plan

Oil falls on Saudi output hike plan

Oil prices slipped from record highs on Tuesday on plans by top exporter Saudi Arabia to increase crude output to help curb soaring fuel costs. The move by the Opec kingpin came as American and British regulators imposed position limits on US crude contra
Published 18 Jun, 2008 12:00am
New York cotton futures settle lower

New York cotton futures settle lower

Cotton futures settled easier on Tuesday on investor profit-taking as the market retreated after charging to its highest level in over seven weeks although the market is seen moving higher in the weeks ahead, brokers said. "We did move too far, too fast,
Published 18 Jun, 2008 12:00am
London coffee jumps

London coffee jumps

London robusta coffee futures jumped nearly 2 percent on Tuesday, buoyed by expanding consumption and a weaker dollar, but concerns over global oversupply could curb gains in the days ahead. Cocoa futures continued to rally, setting a new 5-1/2-year high,
Published 18 Jun, 2008 12:00am
Gold slips in London

Gold slips in London

Gold slipped a touch on Tuesday as oil languished, but recovered from session lows as the dollar softened against the euro after disappointing US economic data. Gold was at $881.90/882.90 an ounce at 1442 GMT, against $883.60/884.80 an ounce late in New Y
Published 18 Jun, 2008 12:00am
US MIDDAY: cocoa retreats

US MIDDAY: cocoa retreats

Cocoa futures on ICE Futures US eased on profit-taking after tapping a 28-year high for the fourth straight day early on Tuesday, while coffee was range-bound after Monday's heavy-volume session. September arabica coffee contract was up 1.15 cents at $1.3
Published 18 Jun, 2008 12:00am
US MIDDAY: sugar steadies

US MIDDAY: sugar steadies

Raw sugar futures on ICE Futures US at 1246 GMT. Most-active October raw sugar contract was flat at 12.27 cents per lb. Dealing from 12.19 to 12.52 cents. Spot July contract was up 0.12 cent at 10.96 cents. Range from 10.81 to 11.09 cents. October contrac
Published 18 Jun, 2008 12:00am
US MIDDAY: corn climbs

US MIDDAY: corn climbs

July corn was up 3 cents at $7.35-1/2 per bushel, new-crop December was up 4 cents at $7.69. Rallied after early profit-taking weakness; market consolidating after soaring to record highs in eight previous sessions amid US Midwest flooding.
Published 18 Jun, 2008 12:00am
US MIDDAY: wheat rises

US MIDDAY: wheat rises

July wheat was up 15-1/2 cents at $8.92 per bushel. Technical buying led by strength in soyabeans and corn, plus upturn in outside commodities as gold firms and crude oil rebounds from session lows. Market shakes off early profit-taking and harvest pressu
Published 18 Jun, 2008 12:00am
US MIDDAY: soyabeans higher

US MIDDAY: soyabeans higher

July soyabean futures were up 16 cents at $15.50 per bushel, new-crop November was up 20-3/4 cents at $15.43-3/4. Rallied after choppy open, rebounding from Monday's sell-off on concerns about US Midwest flooding. Soyabeans also gain against corn, catchin
Published 18 Jun, 2008 12:00am
US MIDDAY: copper slips

US MIDDAY: copper slips

US copper futures fell before steadying on lower ground early Tuesday morning as a weaker tone in the dollar and strong Chinese industrial production data were seen limiting morning losses. Copper for July delivery was down 1.35 cents at $3.6520 per lb by
Published 18 Jun, 2008 12:00am
US MIDDAY: gold down

US MIDDAY: gold down

US gold futures retraced early losses but still traded slightly lower Tuesday on weaker crude oil prices, but a weaker dollar limited losses. The August gold contract on Comex division of New York Mercantile Exchange down $2.80 at $883.50 an ounce at 10:2
Published 18 Jun, 2008 12:00am
CAA outlines objectives

CAA outlines objectives

Chief Operation Officer, Lahore Airport, Zakawat ul Hassan said the Civil Aviation Authority (CAA) had restricted poultry business and solid waste dumping in a limit of 13 kilometres. Moreover, he said that birds around the airport could cause of fatal ac
Published 18 Jun, 2008 12:00am
PDL may cause shortage of diesel

PDL may cause shortage of diesel

The imposition of the Petroleum Differential Levy (PDL) on high speed diesel on oil companies may result in a shortage of diesel in the country, warned Executive Director, Logistics Group, Shaikh Mohammad Sadiq here on Tuesday.
Published 18 Jun, 2008 12:00am
Progressive slab rate: ACCA hails incentives to small companies

Progressive slab rate: ACCA hails incentives to small companies

The Association of Certified Chartered Accountants (ACCA), commenting on the budget, has said the progressive slab rate being offered to small companies whose turnover exceeds Rs 250 million is a step to encourage local investment and the application of w
Published 18 Jun, 2008 12:00am
Textile industry in a state of despondency: Apta

Textile industry in a state of despondency: Apta

The Chairman of All Pakistan Textile Association (Apta), Adil Mehmood, has said that the textile industry has lost hope for government's survival package for its member units and is presently in a state of despondency which could wind up textile and spinn
Published 18 Jun, 2008 12:00am
PCGA terms budgets anti-farmers, cotton industry

PCGA terms budgets anti-farmers, cotton industry

Pakistan Cotton Ginners Association (PCGA) Chairman Chaudhry Muhammad Akram has declared the Federal and provincial budgets the anti-farmers, cotton industry and agriculture, and demanded of the government to lift the withholding tax. Addressing a press c
Published 18 Jun, 2008 12:00am
PDDC establishes 1,000 cooling tanks under its programme

PDDC establishes 1,000 cooling tanks under its programme

The Pakistan Dairy Development Company (PDDC) has achieved a milestone in establishing 1,000 cooling tanks through its "cooling tank programme". The programme has been on for less than two years. By way of comparison, before the programme started, the dai
Published 18 Jun, 2008 12:00am
Four million acre feet water stored in dams

Four million acre feet water stored in dams

Water and Power Development Authority has so far stored more than four million acre feet water in three reservoirs - Tarbela, Mangla and Chashma - which reached dead level on May 11, 2008. Wapda is storing half of the current inflows of rivers Indus and J
Published 18 Jun, 2008 12:00am
'All resources being used to start welfare projects'

'All resources being used to start welfare projects'

Punjab Population Welfare Minister Neelam Jabbar Chaudhry has said the Punjab Welfare Department and the UNFPA have launched a project in Chakwal and Muzaffargarh with an allocation of Rs 1.40 million. She said the government was using all resources to st
Published 18 Jun, 2008 12:00am
Pakistan and UK working on cementing trade relations: Gibson

Pakistan and UK working on cementing trade relations: Gibson

UK Trade and Investment Director Robert Gibson has said Pakistan and Britain are seriously working on cementing their business relations. He said a British trade delegation might visit Pakistan in the near future to have first-hand knowledge about the ava
Published 18 Jun, 2008 12:00am
Jamaat-e-Islami leader deprived of Rs 0.445 million cash

Jamaat-e-Islami leader deprived of Rs 0.445 million cash

The district Ameer Jamaat-e-Islami was deprived of cash worth Rs 445,000 from his office on Monday night. The burglars broke into the office of JI Ameer Engineer Muhammad Rafiq, looted Rs 445,000 cash and decamped with booty. Rafiq is running a constructi
Published 18 Jun, 2008 12:00am
Alleged kidnappers arrested

Alleged kidnappers arrested

The CIA Police Cantt division has arrested three kidnappers who had abducted a five-year old girl in the Nishter colony and demand her family for ransom. Iman, daughter of Muhammad Iqbal, was playing outside her home on June 11 when unidentified men kidna
Published 18 Jun, 2008 12:00am
Jamaat-e-lslami wants NRO beneficiaries' names published

Jamaat-e-lslami wants NRO beneficiaries' names published

Jamaat-e-lslami Information Secretary Ameerul Azim has demanded that the government publish the names of 1,800 beneficiaries of the National Reconciliation Ordinance (NRO) to help the nation recover each penny from businessmen politicians in the power.
Published 18 Jun, 2008 12:00am
Death condoled

Death condoled

NWFP Minister for Labour Sher Azam Wazir has condoled the sudden death of the elder son of former Provincial Minister Farid Khan Toofan here on Tuesday. The minister in his condolence message expressed heartfelt sympathies with Farid Toofan and other memb
Published 18 Jun, 2008 12:00am
Dera Ismail Khan mosque bomb blast condemned

Dera Ismail Khan mosque bomb blast condemned

Speaker National Assembly, Dr Fehmida Mirza and Deputy Speaker Faisal Karim Kundi have strongly condemned bomb blast in a mosque in Dera Ismail Khan that caused loss of precious lives. In a message, the speaker and deputy speaker said that it is a barbari
Published 18 Jun, 2008 12:00am
Dacoit killed in encounter

Dacoit killed in encounter

A dacoit was killed while his two accomplices escaped after an encounter with police on Monday night. A police party led by SHO Tatle Aali police station Liaqat Ali Goraia was on routine patrolling when it spotted some dacoits who were looting passers-by,
Published 18 Jun, 2008 12:00am
Rashid Naushahi passes away

Rashid Naushahi passes away

Private secretary to former Rector, International Islamic University (IIU), Rashid Naushahi, passed away here Tuesday, aged 70. Naushahi was laid to rest at the Islamabad graveyard in the presence of a large number of university staff and students, family
Published 18 Jun, 2008 12:00am
JAG previews contemporary artists works

JAG previews contemporary artists works

A group show of paintings, prints and sculptures by eight contemporary artists was previewed here on Tuesday at the Jharoka Art Gallery (JAG). The exhibition titled 'Vision' portrays various themes and innovative techniques of artists including Aleem Daad
Published 18 Jun, 2008 12:00am
BHC declares former minister a fugitive

BHC declares former minister a fugitive

A division bench of Balochistan High Court (BHC) here on Tuesday declared Balochistan ex-minister for irrigation and power Haji Behram Khan Achakzai as absconder/fugitive of law and dismissed his four National Accountability Bureau (NAB) appeals on accoun
Published 18 Jun, 2008 12:00am
ICU of CMCH non-functional for many months

ICU of CMCH non-functional for many months

Chandka Medical College Hospital (CMCH), Larkana administration has let the 1,150-bed hospital's only Intensive Care Unit (ICU) fall into non-functional and officials of all levels are blaming each other for rendering this highly important unit idle.
Published 18 Jun, 2008 12:00am
NWFP chief minister felicitated over presenting budget

NWFP chief minister felicitated over presenting budget

The NWFP Minister for Labour, Sher Azam Wazir, on Tuesday felicitated Chief Minister, Ameer Haider Khan Hoti, and Provincial Finance Minister, Hamayun Khan, for presenting tax-free surplus budget for the year 2008-09 and termed it a balanced and people-fr
Published 18 Jun, 2008 12:00am
Maximum relief to masses ensured in budgets: Gilani

Maximum relief to masses ensured in budgets: Gilani

Prime Minister Syed Yousuf Raza Gilani on Tuesday said that federal and provincial governments presented budgets that ensured maximum relief to the masses in the given circumstance. He stated this while talking to reporters after having meeting with Punja
Published 18 Jun, 2008 12:00am
Businessmen asked to avoid carrying huge cash without security

Businessmen asked to avoid carrying huge cash without security

Inspector General of Police (IGP) NWFP, Malik Naveed Khan on Tuesday urged the public, particularly, the traders, industrialists, currency dealers, and business community to avoid carrying huge cash money without adequate security.
Published 18 Jun, 2008 12:00am
Textile Asia - a platform for establishment of new alliances

Textile Asia - a platform for establishment of new alliances

The International Textile Asia 2009 Exhibition, one of the most promising and enduring exhibition to be held for the 5th successive year at the Karachi Expo Centre from April 5 to 8, 2009 is the official event of the Federal Ministry of Textile Industry.
Published 18 Jun, 2008 12:00am
Municipal bodies running out of money

Municipal bodies running out of money

Municipal bodies of all the four towns and two Tehsil Municipal Administrations of Shujabad and Jalalpur Pirwala of Multan district government have run out of money.
Published 18 Jun, 2008 12:00am
NWFP name controversy

NWFP name controversy

It is shocking to note that while making a case in favour of Pukhtunkhwa, some chauvinist elements in NWFP are trying, though needlessly, to undermine the importance of unprivileged languages of the province.
Published 18 Jun, 2008 12:00am
Budget Briefing 2008 - VI

Budget Briefing 2008 - VI

Companies Ordinance 6. Power to require to furnish information, etc regarding non-baking finance companies - Section 282, Sub-section (G)(2), (J)(2), (K)(1) & (M)(1). Amendments have been proposed to be made in the above Sections by inserting the word "re
Published 18 Jun, 2008 12:00am
Good Morning: wait till the new bills come

Good Morning: wait till the new bills come

Assuming that all our political frustrations and grievances come to an end, what will be the quality of our life in the near future? What would be the level of prices were President Pervez Musharraf to be out of the scene and impeached? What would be the
Published 18 Jun, 2008 12:00am
Launching of the Banco del Sur: its challenge and implications

Launching of the Banco del Sur: its challenge and implications

On December 9, 2007 the presidents of Argentina, Bolivia, Brazil, Ecuador, Paraguay and Venezuela, together with a representative of Uruguay, signed the founding Charter of the Banco del Sur or the Bank of the South.
Published 18 Jun, 2008 12:00am
The Sindh Budget

The Sindh Budget

The Rs 267.764 billion Sindh budget for the fiscal year 2008-09, presented by Chief Minister Qaim Ali Shah in the Sindh Assembly on Monday, shows a revenue deficit of Rs 14.019 billion, total outlay of around Rs 33.274 billion higher than the current fisc
Published 18 Jun, 2008 12:00am
The Sindh Budget

The Sindh Budget

The Rs 267.764 billion Sindh budget for the fiscal year 2008-09, presented by Chief Minister Qaim Ali Shah in the Sindh Assembly on Monday, shows a revenue deficit of Rs 14.019 billion, total outlay of around Rs 33.274 billion higher than the current fisc
Published 18 Jun, 2008 12:00am
Punjab Budget 2008-09

Punjab Budget 2008-09

Tanvir Ashraf Kaira, the Punjab Finance Minister, presented the provincial budget for fiscal year 2008-09 that can be seen as a sequel to the promises made by Chief Minister Shahbaz Sharif that the budget would be 'people friendly' and 'pro-poor'.
Published 18 Jun, 2008 12:00am
Punjab Budget 2008-09

Punjab Budget 2008-09

Tanvir Ashraf Kaira, the Punjab Finance Minister, presented the provincial budget for fiscal year 2008-09 that can be seen as a sequel to the promises made by Chief Minister Shahbaz Sharif that the budget would be 'people friendly' and 'pro-poor'.
Published 18 Jun, 2008 12:00am
UVAS establishes links with UK University

UVAS establishes links with UK University

The University of Veterinary and Animal Sciences (UVAS) in Lahore has established international links with the University of Essex in Britain with the support of the British Council and the Higher Education Commission (HEC) by inviting British researchers
Published 18 Jun, 2008 12:00am
Allotment orders among Mehran City victims distributed

Allotment orders among Mehran City victims distributed

The Director General (DG), National Accountability Bureau (NAB) Sindh, Colonel Khurshid Alam (Retd) has said that dispensation of social justice and delivering legal rights are the NAB's basic responsibilities. He was speaking at a ceremony held for the d
Published 18 Jun, 2008 12:00am
LHC upholds election tribunal's decision

LHC upholds election tribunal's decision

A full bench of Lahore High Court (LHC) has upheld a decision by the Election Tribunal confirming the disqualification of Pakistan Muslim League-Nawaz (PML-N)'s candidate Intisar Hussain Bhatti contesting by-election from PP-107 in Hafizabad.
Published 18 Jun, 2008 12:00am
Implementation of environmental policies a challenge: Afridi

Implementation of environmental policies a challenge: Afridi

Pakistan has developed comprehensive and good policies for addressing the environmental issues but implementation of these policies is a challenge, said Hameed Ullah Jan Afridi, Federal Minister for Environment. He said this while chairing a high-level me
Published 18 Jun, 2008 12:00am
Pak-Turkey friendship Pledge renewed

Pak-Turkey friendship Pledge renewed

Rauf Engin Soyasal, Ambassador of Turkey on Tuesday met with National Assembly Deputy Speaker Faisal Karim Kundi, and thanked Pakistan for its consistent support to his country at international fora. He said that the government and people of Turkey were g
Published 18 Jun, 2008 12:00am
Soomro for greater Pak-Canada parliamentarians interaction

Soomro for greater Pak-Canada parliamentarians interaction

The Canadian High Commissioner to Pakistan David B. Collins called on the Chairman Senate Mohammedmian Soomro here on Tuesday and exchanged views with him on matters of mutual interest with particular reference to exploring ways and means for expanding pa
Published 18 Jun, 2008 12:00am
Release of $23 million to eradicate malaria delayed

Release of $23 million to eradicate malaria delayed

The Ministry of Health has failed to satisfy Global Fund South Asian Region (GFSAR) to get release of 23 million dollars to eradicate malaria resulting further delay in its release, sources told Business Recorder here on Tuesday.
Published 18 Jun, 2008 12:00am
No UN office closed in Pakistan

No UN office closed in Pakistan

United Nations in Pakistan has not closed its offices in the country and there has been relocation of some of its staff and offices to ensure security of UN offices and staff.
Published 18 Jun, 2008 12:00am
India and Pakistan to hold anti-terror talks next week

India and Pakistan to hold anti-terror talks next week

Indian and Pakistan officials will meet next week in Islamabad to resume discussions by an anti-terror panel on intelligence sharing, the Indian foreign ministry said Tuesday. It will be the third meeting since the panel was formed in 2006 after train bom
Published 18 Jun, 2008 12:00am
Land retrieved from illegal occupants

Land retrieved from illegal occupants

The Estate Management Directorate of the Lahore Development Authority (LDA) has retrieved 40-kanal of land worth Rs 400 million at Johar Town, after demolishing illegally built 200 huts, squatters and houses. An LDA spokesman said on Tuesday that the Esta
Published 18 Jun, 2008 12:00am
National ICT R&D offers 550 scholarships

National ICT R&D offers 550 scholarships

National ICT R&D Fund has offered 550 fully funded four-year Bachelors degree (BS) scholarships in Information and Communication Technology (ICT) and its related disciplines to encourage the talent of rural areas of the country.
Published 18 Jun, 2008 12:00am
Gilani and Shahbaz discuss political situation

Gilani and Shahbaz discuss political situation

Prime Minister Syed Yousuf Raza Gilani and Chief Minister Punjab Shahbaz Sharif held a meeting here on Tuesday and discussed overall political situation, functioning of the coalition government at the centre and Punjab and law and order situation in the p
Published 18 Jun, 2008 12:00am
Withdrawal of subsidies on oil and power to over burden common man

Withdrawal of subsidies on oil and power to over burden common man

Withdrawal of subsidies on oil and electricity will increase inflation and put more financial burden on general public and prices of exportable commodities will increase, said President of Islamabad Chamber of Commerce and Industry (ICCI) Muhammad Ijaz Ab
Published 18 Jun, 2008 12:00am
'16 trade pacts signed with different countries since 2003'

'16 trade pacts signed with different countries since 2003'

Pakistan has signed sixteen bilateral and regional trade agreements for propelling its exports since 2003, official sources said. Bilateral and Regional Trade Agreements commonly referred to as Free Trade Agreements (FTAs), Preferential Trade Agreements (
Published 18 Jun, 2008 12:00am
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