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Print - 2008-06-21
NWFP abiding by peace agreement with militants

NWFP abiding by peace agreement with militants

NWFP Minister for Information, Mian Iftikhar Hussein on Friday dispelled the impression of the violation of the peace agreement with the local militants of Swat by the provincial government.
Published 21 Jun, 2008 12:00am
India may block Pakistan radio signals in IHK

India may block Pakistan radio signals in IHK

After imposing ban on airing of Pakistani television channels in occupied Kashmir, Government of India is contemplating to block the signals of all Pakistan and Muzaffarabad based radio stations in Poonch and Rajouri districts of occupied territory.
Published 21 Jun, 2008 12:00am
Engineering designs of hydropower projects at advance stage: Wapda

Engineering designs of hydropower projects at advance stage: Wapda

Water and Power Development Authority (Wapda) Chairman Shakil Durrani has said that detailed engineering designs of various hydropower projects with accumulative generation capacity of 25,000MW are presently at the advance stages.
Published 21 Jun, 2008 12:00am
Kuwait keen to increase frequency of air flights

Kuwait keen to increase frequency of air flights

The Prime Minister, Syed Yousuf Raza Gilani has said that Pakistan attaches high value to its brotherly relations with Kuwait as both countries share common faith and values and enjoy unanimity of views on all important global and regional issues. The Pri
Published 21 Jun, 2008 12:00am
Lord Nazir criticised UK over pro-Israel stance

Lord Nazir criticised UK over pro-Israel stance

The British member of Parliament Lord Nazir Ahmed of Rotherham has criticised UK government for what he termed as undue inclination towards Israel and called for a policy that helps to end the deprivation of the people of Palestine.
Published 21 Jun, 2008 12:00am
International community fails to address Burma's political problems

International community fails to address Burma's political problems

The Chairman of Liberal Forum Pakistan, Anees Jillian and Sparc Protection Manager Sindh Kashif Bajeer in a press statement has drawn the attention of the people of Pakistan and the governmental authorities, to the plight of Burma's democracy leader, Aung
Published 21 Jun, 2008 12:00am
Quake-hit China overwhelmed by Pakistan's assistance

Quake-hit China overwhelmed by Pakistan's assistance

The government and the people of China are highly overwhelmed by Pakistan's generous assistance for the quake affectees of Sichuan province. 'We are deeply touched and moved by the quick move by the Pakistani side, coming to their rescue', said a spokesma
Published 21 Jun, 2008 12:00am
No new list received from US to arrest terrorists: Rehman

No new list received from US to arrest terrorists: Rehman

The government of Pakistan has not received new list from United States about the arrest of terrorists, this was stated by A Rehman Malik, Advisor to Prime Minister on Interior on Friday. In a brief interview to a private television channel Rehman Malik s
Published 21 Jun, 2008 12:00am
Foreign minister lauds OIC secretary general's efforts

Foreign minister lauds OIC secretary general's efforts

Foreign Minister Makhdoom Shah Mahmood Qureshi on Friday appreciated the efforts and hard work of secretary general of the Organisation of the Islamic Conference (OIC) Professor Dr Ekmeleddin Ihsanogulu to reform and revitalise the organisation and make i
Published 21 Jun, 2008 12:00am
June 21, longest day of year

June 21, longest day of year

June 21 (Saturday) will the year's longest day in countries located in the northern hemisphere including Pakistan. The Met office spokesman told APP here on Friday, that the longest day is called the "Summer Solstice". Solstice is defined as either of the
Published 21 Jun, 2008 12:00am
Compensatory amount for Mangla dam victims raised

Compensatory amount for Mangla dam victims raised

The government has raised the compensatory amount from Rs 18 billion to Rs 54 billion for disbursement among the victims of under-construction project of the raising of the country's second biggest reservoir, Mangla dam.
Published 21 Jun, 2008 12:00am
Political leaders urged to work for national interest

Political leaders urged to work for national interest

People belonging to various walks of life have urged upon the political leaders that they should shun the politics of confrontation and work for the larger national interest of the country.
Published 21 Jun, 2008 12:00am
Looted property recovered

Looted property recovered

Faizabad police recovered Rs 269,500 cash and jewellery worth Rs 3.56 looted from a bank earlier. Addressing a press conference at his office here, District Police officer (DPO) Nankana Sahib Akbar Nasir Khan said on Friday. A week back National Bank of P
Published 21 Jun, 2008 12:00am
Ministry to arrange 'See Pakistan Camp'

Ministry to arrange 'See Pakistan Camp'

Ministry of Youth Affairs has planned to arrange "See Pakistan Camp" for the youth living in Federally Administered Tribal Areas (Fata). The inaugural ceremony of the programme would be held on June 23 and the closing ceremony on June 29 at a local hotel,
Published 21 Jun, 2008 12:00am
Indus in low flood at Tarbela

Indus in low flood at Tarbela

River Indus is in low flood at Tarbela with a discharge of 285,000 cusecs and river Kabul in medium flood at Nowshera with a discharge of 72,200 cusecs, Flood Forecasting Centre (FFC) said here on Friday.
Published 21 Jun, 2008 12:00am
Tusdec to launch 'Experts Advisory Service'

Tusdec to launch 'Experts Advisory Service'

The Technology Up-gradation and Skill Development Company (Tusdec) is planning to launch the "senior experts advisory service". The service aims at guiding people in technical and management fields to provide the manufacturing sector access.
Published 21 Jun, 2008 12:00am
The Weather

The Weather

The weather report on Friday (June 20, 2008) and the forecast for Saturday (June 21, 2008).
Published 21 Jun, 2008 12:00am
Government urged to continue subsidy in electric bills

Government urged to continue subsidy in electric bills

The government should withdraw the proposal to remove subsidy in the electricity bills in the federal budget, increase allocations on human capital and take steps to controla the price hike. The General Secretary, Pakistan Workers Federation, Khurshid Ahm
Published 21 Jun, 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 21 Jun, 2008 12:00am
All set to hold by-polls in Punjab

All set to hold by-polls in Punjab

The government in Punjab has finalised the preparations for the by-elections assigned duties to the concerned staff. According to detail, the by-elections on June 26 will be held for six National and 16 Provincial Assembly seats.
Published 21 Jun, 2008 12:00am
'70 percent work to restore deposed judges completed'

'70 percent work to restore deposed judges completed'

Pakistan Peoples Party's (PPP) MNA Farzana Raja, while expressing the hope for earlier restoration of deposed judges, said 70 percent process in this connection had already been completed. The MNA, also the Information Secretary of her party in Punjab, wa
Published 21 Jun, 2008 12:00am
PML-N agrees to retain PCO judges on adhoc basis: Zafar Jhagra

PML-N agrees to retain PCO judges on adhoc basis: Zafar Jhagra

Central leader of Pakistan Muslim League-Nawaz (PML-N) Senator Iqbal Zafar Jhagra has said that his party has accepted to retain the existing judges of superior courts on adhoc basis to get out of the deadlock. Talking to a private television channel late
Published 21 Jun, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (June 20, 2008).

Published 21 Jun, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (June 20, 2008) and for Saturday (June 21, 2008).
Published 21 Jun, 2008 12:00am
Shahbaz's visit leads to substantial improvement in LGH affairs

Shahbaz's visit leads to substantial improvement in LGH affairs

Following a surprise visit by Punjab Chief Minister Shahbaz Sharif to Lahore General Hospital, substantial improvement has been witnessed in the hospital affairs and standard of medical facilities being extended to patients besides the cleanliness conditi
Published 21 Jun, 2008 12:00am
Artists arrange farewell for Ghulam Raza

Artists arrange farewell for Ghulam Raza

Prominent compare and writer Kacho Ghulam Raza has been retired after reaching the age of superannuation. Staff and artists of the organisation arranged a farewell party in his honour to acknowledge the services of Ghulam Raza for betterment of the organi
Published 21 Jun, 2008 12:00am
Stoning at warden, superintendent condemned

Stoning at warden, superintendent condemned

The Deans Committee of Punjab University (PU) has decided to act against students trying to harass hostel administration officials and condemned the incident of stoning at the warden and superintendent of the Boys Hostel Number l 8.
Published 21 Jun, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (June 20, 2008).

Published 21 Jun, 2008 12:00am
All petitions dismissed in Sharif's candidature case

All petitions dismissed in Sharif's candidature case

A full bench of the Lahore High Court (LHC) has dismissed all the 13 applications for becoming party in the Sharif brothers' candidature case. The full bench comprising Justice Fazal-e-Miran Chouhan, Justice Hasnat Ahmad Khan and Justice Muhammad Ahsan Bh
Published 21 Jun, 2008 12:00am
Dr Qadeer's alleged detention: IHC fixes June 24 for hearing petition

Dr Qadeer's alleged detention: IHC fixes June 24 for hearing petition

The Islamabad High Court (IHC) on Friday fixed the hearing of a writ petition regarding alleged detention of nuclear scientist Dr Abdul Qadeer Khan for June 24. Chief Justice Sardar Mohammad Aslam took up the petition filed by advocate M Javed Iqbal Jaffe
Published 21 Jun, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 20, 2008).

Published 21 Jun, 2008 12:00am
World Hydrography Day today

World Hydrography Day today

International Hydrographic Organisation (IHO) will be celebrating World Hydrography Day (WHD) on Saturday (June 21). The aim of the WHD celebrations is to give suitable publicity of IHO work to increase the coverage of hydrographic information globally an
Published 21 Jun, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 20, 2008).

Published 21 Jun, 2008 12:00am
LDA's anti-encroachment drive

LDA's anti-encroachment drive

The Estate Management Directorate (EDM) of the Lahore Development Authority (LDA) has continued to carry its anti-encroachments drive in the city. The LDA sources informed Business Recorder that its EDM has demolished more illegally constructed str
Published 21 Jun, 2008 12:00am
Abdul Qadir Gilani elected unopposed

Abdul Qadir Gilani elected unopposed

The PPP candidate from PA-295, RYK (XI) and son of the Prime Minister, Syed Yousuf Raza Gilani, Abdul Qadir Gilani was elected unopposed in the by-polls, election commission sources. According to the election commission sources, 15 candidates had submitte
Published 21 Jun, 2008 12:00am
THE RUPEE: dollar retreats

THE RUPEE: dollar retreats

The rupee shrugged of its overnight weakness in the interbank market on Friday, gaining against dollar five paisa for buying at 67.35 and it also moved up by 10 paisa for selling at 67.40, currency experts said. Expected inflows from the friendly and dono
Published 21 Jun, 2008 12:00am
Concessions for agriculture tool, auto part industries demanded

Concessions for agriculture tool, auto part industries demanded

The business community engaged with agri-tool and auto-part industries of Daska has urged upon the Punjab government to take initiatives for tracking both industries on modern production lines. Daska is a famous hub and had a special repute in producing t
Published 21 Jun, 2008 12:00am
THE RUPEE: dollar retreats

THE RUPEE: dollar retreats

The rupee shrugged of its overnight weakness in the interbank market on Friday, gaining against dollar five paisa for buying at 67.35 and it also moved up by 10 paisa for selling at 67.40, currency experts said. Expected inflows from the friendly and dono
Published 21 Jun, 2008 12:00am
Commemorative postage stamps

Commemorative postage stamps

Pakistan Post is issuing two commemorative postage stamps of Rs 4 and 5 denomination and Souvenir Sheet of Rs 20 denomination to celebrate the 55th Birthday of Shaheed Mohtarma Benazir Bhutto on June 21. The commemorative postage stamps and Souvenir Sheet
Published 21 Jun, 2008 12:00am
Five members of a family killed

Five members of a family killed

Five member of a family including an infant of nine month were killed by three unidentified attackers after midnight in Mandi Sadiq Ganj (Bahawalnagar district) on Friday. However one of the inmates Hasina Bibi got injured and she was removed to hospital.
Published 21 Jun, 2008 12:00am
FIA arrests five terrorists

FIA arrests five terrorists

The Federal Investigation Agency (FIA) on Friday claimed to have arrested five terrorists with 70 kilogrammes of explosive material and other material used in carrying out terrorist activities. Those arrested were identified as Inamul Haq, Inayatullah, Ab
Published 21 Jun, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (June 20, 2008).

Published 21 Jun, 2008 12:00am
Cop and dacoit killed in Rs 1.2 million bank robbery

Cop and dacoit killed in Rs 1.2 million bank robbery

Two persons, a dacoit and a policeman, were killed in an encounter in a bank robbery in Dehli Colony, in the jurisdiction of Frere police on Friday. Police officials said that eight armed persons came in four vehicles to Bank Al-Habib branch near Dehli Co
Published 21 Jun, 2008 12:00am
Tehrik-i-Insaf stages demonstration against Nato air strikes

Tehrik-i-Insaf stages demonstration against Nato air strikes

Tehrik-i-Insaf (TI) Multan on Friday staged a demonstration against the US aggression in South and North Waziristan and killing innocent people. More than 100 activists were carrying placards and banners inscribed with slogans against the United States, G
Published 21 Jun, 2008 12:00am
Benazir's 55th birth anniversary today

Benazir's 55th birth anniversary today

The 55th birth anniversary of Pakistan Peoples Party Chairperson Benazir Bhutto will be celebrated on Saturday (June 21) with great reverence as gloom still prevails after her assassination on December 27 last.
Published 21 Jun, 2008 12:00am
FAML launches awareness campaign about Mutual Funds

FAML launches awareness campaign about Mutual Funds

Faysal Asset Management Limited (FAML), an AM3+ rated company by JCR-VIS, has recently launched a campaign at several locations in Pakistan about the benefits of investing in Mutual Funds and the incentives that the government of Pakistan has offered for
Published 21 Jun, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Jun, 2008 12:00am
FAML launches awareness campaign about Mutual Funds

FAML launches awareness campaign about Mutual Funds

Faysal Asset Management Limited (FAML), an AM3+ rated company by JCR-VIS, has recently launched a campaign at several locations in Pakistan about the benefits of investing in Mutual Funds and the incentives that the government of Pakistan has offered for
Published 21 Jun, 2008 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Jun, 2008 12:00am
Sindh Assembly continues general debate on budget

Sindh Assembly continues general debate on budget

Sindh Assembly continued general debate on the proposed Budget for 2008-09 fiscal year on Friday. During the debate various issues ranging from law and order, load-shedding and to price hike came under discussion. A hot debate involving the treasury membe
Published 21 Jun, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 21 Jun, 2008 12:00am
PPP MPAs meet Zardari

PPP MPAs meet Zardari

A delegation of Pakistan People's Party (PPP) MPAs of Lahore division headed by Punjab Minster for Information Technology, Farooq Ghurki called on party's Co-chairman, Asif Ali Zardari at the Governor House. The delegation apprised their Zardari of their
Published 21 Jun, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (June 20, 2008).

Published 21 Jun, 2008 12:00am
Haqqani says, war against terror is Pakistan's own war

Haqqani says, war against terror is Pakistan's own war

Pakistan Ambassador to the US, Hussain Haqqani has said that war against terror is Pakistan's own war. Talking to private TV channel he said Benazir Bhutto and many other Pakistanis have been killed in different terrorists' acts.
Published 21 Jun, 2008 12:00am
PPL declares second interim dividend

PPL declares second interim dividend

Pakistan Petroleum Limited (PPL) has declared second interim dividend for the year ending June 30, 2008 at Rs 10.50 per share ie 105 percent on fully paid ordinary shares of Rs 10 each. The decision was taken by the directors of PPL in their meeting held
Published 21 Jun, 2008 12:00am
PPL declares second interim dividend

PPL declares second interim dividend

Pakistan Petroleum Limited (PPL) has declared second interim dividend for the year ending June 30, 2008 at Rs 10.50 per share ie 105 percent on fully paid ordinary shares of Rs 10 each. The decision was taken by the directors of PPL in their meeting held
Published 21 Jun, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 21 Jun, 2008 12:00am
Karachi University holiday

Karachi University holiday

The University of Karachi (KU) will remain closed on June 21 (today) on account of the birth anniversary of the late Prime Minister, Benazir Bhutto. The Registrar, KU issued a notification to this effect on Friday. The scheduled examinations, if any, will
Published 21 Jun, 2008 12:00am
'Government determined to eliminate child labour'

'Government determined to eliminate child labour'

The government is determined to eliminate the child labour. Sindh Labour Minister Ameer Nawab stated here on Friday, while talking on the occasion of observance of the international day against child labour. The minister pointed out that laws were there i
Published 21 Jun, 2008 12:00am
HRCP condemns victimisation of human rights activist

HRCP condemns victimisation of human rights activist

Iqbal Haider, co-chairperson of the Human Rights Commission of Pakistan (HRCP) strongly condemned the harassment and victimisation of human rights defenders, for raising voice against bonded labour, says a press release issued here on Friday.
Published 21 Jun, 2008 12:00am
Plan for 'Expo Pakistan 2008' discussed

Plan for 'Expo Pakistan 2008' discussed

The organising committee of Trade Development Authority of Pakistan (TDAP) on Friday discussed a plan for 'Expo Pakistan 2008', to be held from October 27 to 30, 2008. The committee discussed a roadmap for local and international marketing of the fourth e
Published 21 Jun, 2008 12:00am
Tubewells in Township, Johar Town ordered

Tubewells in Township, Johar Town ordered

Lahore Development Authority (LDA) Director General Irfan Ali has ordered installing new tube wells in blocks of Township and Johar Town. His order follows a string of public complaints about water supply and sanitation in the water and sanitation authori
Published 21 Jun, 2008 12:00am
US fighter, spy planes fly over Waziristan

US fighter, spy planes fly over Waziristan

Along with US spy plan, fighter aircrafts have also started flying over Waziristan. According to a private TV channel, two US spy aircrafts were flying over the area of Ghulam Khan on Friday morning. At the border area of Ghulam Khan, two other fighter ai
Published 21 Jun, 2008 12:00am
Impeachment motion: I will accept Parliament's decision, says Musharraf

Impeachment motion: I will accept Parliament's decision, says Musharraf

Muslim League-Q Chief Chaudhry Shujaat Hussain and Chaudhry Pervaiz Elahi on Friday called on President Pervez Musharraf, a private TV channel reported. President Musharraf said he would accept the Parliament's decision if an impeachment motion was tabled
Published 21 Jun, 2008 12:00am
Turkmen envoy delivers lecture on Bairam Khan

Turkmen envoy delivers lecture on Bairam Khan

Turkmenistan Ambassador, Sapar Beerdiniyazov, delivered a lecture on Bairam Khan, and his role in strengthening the Moghul empire in the sub continent at the Islamic University here on Friday. Although he was in the army, Bairam Khan's was also a pioneeri
Published 21 Jun, 2008 12:00am
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