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Print - 2008-06-29
Water for Kharif crops

Water for Kharif crops

Irsa has released 32,000 cusecs of additional water from the Tarbela reservoir downstream to make up for the reduction in water flow into the Indus River and its three tributaries. The decrease is from 0.5 million cusecs to about 0.3 million cusecs, large
Published 29 Jun, 2008 12:00am
Preparations for IDEAS 2008 begin

Preparations for IDEAS 2008 begin

Preparations for the 5th International Defence Exhibition and Seminar (IDEAS) 2008 have taken a head-start. The event is scheduled to be held from November 24 to 28 at Karachi Expo Centre, says an ISPR press release issued here on Saturday.
Published 29 Jun, 2008 12:00am
Freedom rally in Gwadar from August 11 to 14

Freedom rally in Gwadar from August 11 to 14

Four-day fifth freedom rally 2008 and azadi mela will be held in Gwader, which will start from August 11 and continue till 14. Addressing a joint press conference on Saturday at a local hotel.
Published 29 Jun, 2008 12:00am
Irfan third best Lions Council chairman of the world

Irfan third best Lions Council chairman of the world

The world's largest social service organisation Lions Clubs International providing round-the-clock services towards the less fortunate in 202 countries. One can say sun never sets in this organization.
Published 29 Jun, 2008 12:00am
Customers invited to select apartment in Crescent Bay project

Customers invited to select apartment in Crescent Bay project

Emaar Pakistan, the country subsidiary of Emaar Properties, has invited customers, who registered on a First Come First Serve Basis at the soft launch held in December 2007 for the Crescent Bay Phase 1, to select apartments at a special sales event to be
Published 29 Jun, 2008 12:00am
City gets light showers

City gets light showers

The city on Saturday received a brief spell of drizzle, which turned the environment pleasant. However it caused several road accidents resulting in injuries to motorcyclists, besides traffic jams on various busy roads. Most of the traffic particularly pu
Published 29 Jun, 2008 12:00am
Book on Masud Mufti published

Book on Masud Mufti published

A new book on eminent short storywriter Masud Mufti, released at the Pakistan Academy of Letters (PAL) on Saturday again reminded the reading public of a sensitive writer who has continued to raise his voice against the exploitations of the oppressed clas
Published 29 Jun, 2008 12:00am
Talks to pay hydropower profit underway: Hamayun

Talks to pay hydropower profit underway: Hamayun

NWFP Minister for Finance Muhammad Humayun Khan has said that talks with federal government for payment of Rs 110 billion under the head of net profit on hydropower generation by Wapda to the province as per the decision of arbitration tribunal were under
Published 29 Jun, 2008 12:00am
Security beefed up in Islamabad

Security beefed up in Islamabad

The government has beefed up security in Islamabad and additional measures are being adopted to protect public places, government installations in the wake of likely terrorist attacks particularly Diplomatic Enclave, Presidency, Secretariat, and other sen
Published 29 Jun, 2008 12:00am
VRI receives distinction

VRI receives distinction

A team of the Veterinary Research Institute (VRI) Peshawar participated in the exhibition on Geninui Public Science and Technology Model Competition held at the Pakistan Forest Institute (PFI) on Saturday.
Published 29 Jun, 2008 12:00am
Naveed reiterates to enhance Pak-Iran economic ties

Naveed reiterates to enhance Pak-Iran economic ties

The Federal Minister for Finance and Economic Affairs, Syed Naveed Qamar met the Iranian Minister for Petroleum, Gholam Hossein Nozari here on Monday, says a press release received from Embassy of Tehran in Pakistan. Naveed Qamar, who is in Tehran and lea
Published 29 Jun, 2008 12:00am
Two booked for violating amplifier act

Two booked for violating amplifier act

The district police have registered cases against two religious leaders for violating amplifier act. According to police, Muhammad Ishaq and Zaheer Ahmed of Chak no 53-SP made speeches in mosques while violating the ban imposed on the use of loudspeaker u
Published 29 Jun, 2008 12:00am
'Pakistan prospering due to government's trade policy'

'Pakistan prospering due to government's trade policy'

Punjab Population Welfare Minister, Neelam Jabbar Chaudhry has said that the government is patronising the traders' community and its best trade and industrial discipline have put Pakistan on the road to progress and prosperity. Her comments came during t
Published 29 Jun, 2008 12:00am
ATP observes strike against Nawaz's disqualification

ATP observes strike against Nawaz's disqualification

The Anjuman Tajiran Pakistan (ATP) on Saturday called a strike to protest against the disqualification of the leader of Pakistan Muslim League-Nawaz (PML-N), Nawaz Sharif by the Lahore High Court (LHC).
Published 29 Jun, 2008 12:00am
Training conducted to streamline mango supply chain

Training conducted to streamline mango supply chain

The Pakistan Horticulture Development and Export Board and scientists from Australia and Agriculture University of Faisalabad have conducted a series of training programmes to streamline the supply chain of mangoes.
Published 29 Jun, 2008 12:00am
IT helps cope with food, power crises

IT helps cope with food, power crises

"At present our country is facing water, food, power crisis and these problems can be coped with the help of information technology (IT), Vice Chancellor of Punjab University (PU), Dr Mujahid Kamran said on Saturday in a ground-breaking ceremony of two bu
Published 29 Jun, 2008 12:00am
Post-budget seminar held

Post-budget seminar held

The Directorate General (DG) of Training and Research on Saturday organised a post-budget seminar to inform participants about amendments introduced in the Income Tax and Sales Tax through the federal budget 2008-09. Director General, Muhammad Munir Qures
Published 29 Jun, 2008 12:00am
Fehmida Mirza for strengthening parliamentary system

Fehmida Mirza for strengthening parliamentary system

National Assembly Speaker Dr Fehmida Mirza Saturday said that the parliamentary system would be strengthened through the constitutional package. Speaking in a TV programme, she said the Parliament will continue to face threat if necessary amendments to th
Published 29 Jun, 2008 12:00am
Benazir was torchbearer of democracy: Fehmida

Benazir was torchbearer of democracy: Fehmida

National Assembly Speaker Dr Fehmida Mirza has described Mohtarma Benazir Bhutto Shaheed as one of the most outstanding democratic leader in the Muslim Ummah. She made the remark during her talk with participants of Sheheed-e-Jamhoriat Mohtarma Benazir Bh
Published 29 Jun, 2008 12:00am
40 union councils nazims join PML-N

40 union councils nazims join PML-N

As many as 40 nazims of union councils of the district along with their supporters have joined Pakistan Muslim League-N (PML-N). This was disclosed by additional general secretary PML-N, Chaudhry Jaffar Iqbal, while addressing the gathering at Iqbal Awami
Published 29 Jun, 2008 12:00am
Ufone offers value-added services

Ufone offers value-added services

Ufone has multiplied the excitement of the Asia Cup 2008 by bringing some distinct value added services to their customers by giving them regular updates of all the matches anytime anywhere throughout the country as and when they happen.
Published 29 Jun, 2008 12:00am
'Government to help business education institutions'

'Government to help business education institutions'

Punjab Senior Minister Raja Riaz Ahmad has said the government is determined to help business education institutions to develop computer experts of international calibre. He told a student delegation of a private business education institution in Faisalab
Published 29 Jun, 2008 12:00am
Monsoon good sign for agriculture sector

Monsoon good sign for agriculture sector

Presently weather situation across the country has given the sign of 'Happy Monsoon', especially for the areas where the sowing of crops had started or was about to start. It is expected that the early monsoon, which approached different parts of the coun
Published 29 Jun, 2008 12:00am
District Council Jhelum presents tax-free budget

District Council Jhelum presents tax-free budget

The budget session of District Council Jhelum for the financial year 2008-09 was held here on Saturday. District Nazim, Chaudhary Farrukh Altaf presented the tax-free budget amounting Rs 2556.3 million for the next financial year. Out of the total budget,
Published 29 Jun, 2008 12:00am
District Council Jhelum presents tax-free budget

District Council Jhelum presents tax-free budget

The budget session of District Council Jhelum for the financial year 2008-09 was held here on Saturday. District Nazim, Chaudhary Farrukh Altaf presented the tax-free budget amounting Rs 2556.3 million for the next financial year. Out of the total budget,
Published 29 Jun, 2008 12:00am
Refund voucher cheques distribution ceremony held

Refund voucher cheques distribution ceremony held

The Director General Regional Tax Office Sajjad Ali has said that hurdle-free arrangements have been made to facilitate the business community and general public to file their IT returns.
Published 29 Jun, 2008 12:00am
'Deposed judges may be reinstated through 18th amendment'

'Deposed judges may be reinstated through 18th amendment'

Renowned legal expert and former vice chairman of Pakistan Bar Council (PBC) has said that deposed judges may be reinstated through the 18th amendment in the Constitution. It is the only way to reinstate the sacked judges, and it will be up to the Parliam
Published 29 Jun, 2008 12:00am
Early announcement of Haj policy urged

Early announcement of Haj policy urged

The Memon Khidmat Forum (MKF) has demanded early announcement of the Haj policy. In a statement here on Saturday, MKF Chairman Haji Masood Parekh said that for the intending pilgrims the arrangement of accommodation was an important issue.
Published 29 Jun, 2008 12:00am
Anti-pollution drive kicks off in Vehari

Anti-pollution drive kicks off in Vehari

The District Co-ordination Officer (DCO), Muhammad Khurram Agha on Saturday kicked off an anti-pollution campaign all over the district. Chairing a meeting of various departments, he said that after mechanisation clean environment has become a big challen
Published 29 Jun, 2008 12:00am
Jewellery shop looted

Jewellery shop looted

Two unidentified robbers looted a Jewellery shop opened fire that left the owner injured, the Police said. According to detail, two unidentified young robbers entered the shop on Masoom Shah Road overpowered the owner, Rashid Hussain. They collected gold
Published 29 Jun, 2008 12:00am
ICIL gets ACA membership

ICIL gets ACA membership

International Credit Information Limited (ICIL), Pakistan's major credit services, operational risk and receivable management/debt collection company has been made an international member of ACA International, USA - the Association of Credit and Collectio
Published 29 Jun, 2008 12:00am
ICIL gets ACA membership

ICIL gets ACA membership

International Credit Information Limited (ICIL), Pakistan's major credit services, operational risk and receivable management/debt collection company has been made an international member of ACA International, USA - the Association of Credit and Collectio
Published 29 Jun, 2008 12:00am
Vice chancellors body appeals to withdraw cut in uplift budget

Vice chancellors body appeals to withdraw cut in uplift budget

Vice Chancellors Sindh based public sector universities of Sindh have appealed to the Prime Minister, Sindh Governor and Sindh Chief Minister to take notice of the cut in recurring and development budget of these universities.
Published 29 Jun, 2008 12:00am
Rs 500,000 given for Sindh University women development institute

Rs 500,000 given for Sindh University women development institute

The Sindh Secretary, Women Development, Gul Muhammad Umrani has handed over a cheque of Rs 5 Lakh to the Pro-Vice Chancellor, University of Sindh (SU), Dr Rafia Ahmed Shaikh for the Institute of Women Development Studies on Saturday. Umrani informed that
Published 29 Jun, 2008 12:00am
Karachi University to mark Jalil's golden jubilee today

Karachi University to mark Jalil's golden jubilee today

The Shah Abdul latif Bhitai Chair of University of Karachi (KU) will mark the golden jubilee of the career of a prominent short story writer, novelist, playwright and columnist Amar Jalil at a local hotel on June 29. This was announced by Director of the
Published 29 Jun, 2008 12:00am
Exploring abilities of young generation urged

Exploring abilities of young generation urged

'We need to groom our young generation for the bright future by exploring their creative abilities so that they could learn to carry their responsibilities to make the nation prosperous.' This was stated by Begum Shehnaz Wazir Ali, Advisor to Prime Minist
Published 29 Jun, 2008 12:00am
Atta wants reforms in lower education sector

Atta wants reforms in lower education sector

Chairman Higher Education Commission Professor Atta-ur-Rahman on Saturday underlined for introducing fundamental reforms into lower level education sector to ensure quality education in the country.
Published 29 Jun, 2008 12:00am
Pesco announces more load shedding

Pesco announces more load shedding

Peshawar Electric Supply Company (Pesco) has announced additional load shedding in the province due to reduction in power generation due to disruption of gas supply to Wapda Generation System and reduced production of electricity by IPPs due to shortage o
Published 29 Jun, 2008 12:00am
Nation concerned over Fata situation: Fazl

Nation concerned over Fata situation: Fazl

JUI-F Amir Fazlur Rehman has said that the entire nation is concerned over the situation in Fata and it has further worsened with the arrival of Americans in Afghanistan after 9/11.
Published 29 Jun, 2008 12:00am
LHC sets up 10 divisional, 21 single benches

LHC sets up 10 divisional, 21 single benches

Lahore High Court (LHC) chief justice has set up 10 divisional and 21 single benches to deal with pending cases next week beginning on June 30. The divisional benches are headed by Mian Muhammad Najam-uz-Zaman and Justices Maulvi Anwarul Haq, Nasim Sikand
Published 29 Jun, 2008 12:00am
Three bombs defused in Matta

Three bombs defused in Matta

Bomb disposal squad has defused three bombs in Matta tehsil of Swat on Saturday. According to TV channel unknown miscreants planted three bombs near College Chowk in Matta. Bomb disposal squad had been called after getting the reports of bombs for defusin
Published 29 Jun, 2008 12:00am
Another batch of four F-16s joins PAF

Another batch of four F-16s joins PAF

A simple but impressive ceremony for handing over of four, F-16 aircraft to Pakistan Air Force was held at PAF Base Mushaf (Sargodha) on Saturday. Air Marshal Rao Qamar Suleman, Deputy Chief of the Air Staff (Operations), Pakistan Air Force received the F
Published 29 Jun, 2008 12:00am
Pakistan heading to worst economic crisis: Rashid

Pakistan heading to worst economic crisis: Rashid

Pakistan may confront a severe economic crisis and the government should take bold decisions to meet the challenge, said Sheikh Rashid Ahmad, chief of newly created Awami Muslim League (AML). Addressing a press conference here on Saturday, he said that hi
Published 29 Jun, 2008 12:00am
Summer festival

Summer festival

The management of Water World Family Park holds the colourful summer festival "Beat the heat this summer," on June 28 & 29, at Water World Park, main Super Highway, near Dunba Goth. Water World is expecting more than 2000 visitors in these two days & has
Published 29 Jun, 2008 12:00am
Shah Faisal Town passes surplus budget

Shah Faisal Town passes surplus budget

Shah Faisal Town Saturday approved its Rs 387.024 million surplus budget for 2008-09 showing a surplus of Rs 8000. In the budget allocation of Rs 187.618 million has been made for public welfare and local development works which constitutes 48.5 percent o
Published 29 Jun, 2008 12:00am
Shah Faisal Town passes surplus budget

Shah Faisal Town passes surplus budget

Shah Faisal Town Saturday approved its Rs 387.024 million surplus budget for 2008-09 showing a surplus of Rs 8000. In the budget allocation of Rs 187.618 million has been made for public welfare and local development works which constitutes 48.5 percent o
Published 29 Jun, 2008 12:00am
JCR-VIS reaffirms AA+/A-1+ rating for HBL

JCR-VIS reaffirms AA+/A-1+ rating for HBL

Credit rating company JCR-VIS has reaffirmed the entity rating of Habib Bank Ltd (HBL) at AA/A-1+ (Double A/A one plus) with a `stable' outlook. According to JCR-VIS here Saturday, HBL is positioned as the largest private sector commercial bank in the cou
Published 29 Jun, 2008 12:00am
JCR-VIS reaffirms AA+/A-1+ rating for HBL

JCR-VIS reaffirms AA+/A-1+ rating for HBL

Credit rating company JCR-VIS has reaffirmed the entity rating of Habib Bank Ltd (HBL) at AA/A-1+ (Double A/A one plus) with a `stable' outlook. According to JCR-VIS here Saturday, HBL is positioned as the largest private sector commercial bank in the cou
Published 29 Jun, 2008 12:00am
Constitutional package in parliament soon: Assef

Constitutional package in parliament soon: Assef

The former foreign minister and MNA Sardar Assef Ahmed Ali has said that PPP believes in the parliamentary government system and wanted to restore 1973 constitution in its original form. Talking to media-men here on Saturday, he said consultation process
Published 29 Jun, 2008 12:00am
Ramzan Chippa adopts trashed baby

Ramzan Chippa adopts trashed baby

The head of Chippa Welfare Association, Ramzan Chippa has adopted the new born baby found abandoned behind trash street of North Karachi Bara market.
Published 29 Jun, 2008 12:00am
Young Leaders' Conference on July 1

Young Leaders' Conference on July 1

With the theme 'Bataa Teri Raza Kya Hai' and economic prosperity of Pakistan, the 7th Young Leaders' Conference (YLC-2008) is scheduled to take off on July 1, 2008 at Ramada Plaza, Karachi Airport Hotel. The hub of country's business, Karachi, will play h
Published 29 Jun, 2008 12:00am
32 militants killed in southern Afghanistan

32 militants killed in southern Afghanistan

Afghan and US-led coalition troops killed 32 Taliban militants in southern Afghanistan, including some who dressed as women in an attempt to escape, the US military said on Saturday. The Taliban opened fire with small arms and rocket-propelled grenades on
Published 29 Jun, 2008 12:00am
32 militants killed in southern Afghanistan

32 militants killed in southern Afghanistan

Afghan and US-led coalition troops killed 32 Taliban militants in southern Afghanistan, including some who dressed as women in an attempt to escape, the US military said on Saturday. The Taliban opened fire with small arms and rocket-propelled grenades on
Published 29 Jun, 2008 12:00am
US proposes new Middle East talks: Palestinian official

US proposes new Middle East talks: Palestinian official

The United States has proposed new talks in a push to reach a deal on Palestinian statehood before President George W. Bush leaves office in January, the chief Palestinian negotiator said on Saturday. Ahmed Qurie said US Secretary of State Condoleezza Ric
Published 29 Jun, 2008 12:00am
US proposes new Middle East talks: Palestinian official

US proposes new Middle East talks: Palestinian official

The United States has proposed new talks in a push to reach a deal on Palestinian statehood before President George W. Bush leaves office in January, the chief Palestinian negotiator said on Saturday. Ahmed Qurie said US Secretary of State Condoleezza Ric
Published 29 Jun, 2008 12:00am
NAB orders to restore Zardari's frozen assets, accounts

NAB orders to restore Zardari's frozen assets, accounts

National Accountability Bureau (NAB) has ordered to restore frozen assets and bank accounts of Pakistan Peoples Party Co-chairman Asif Ali Zaradari, a private TV channel reported. According to the report, appropriate instructions have been issued to the f
Published 29 Jun, 2008 12:00am
NAB orders to restore Zardari's frozen assets, accounts

NAB orders to restore Zardari's frozen assets, accounts

National Accountability Bureau (NAB) has ordered to restore frozen assets and bank accounts of Pakistan Peoples Party Co-chairman Asif Ali Zaradari, a private TV channel reported. According to the report, appropriate instructions have been issued to the f
Published 29 Jun, 2008 12:00am
Cargo ship sinks off China coast

Cargo ship sinks off China coast

A Chinese cargo ship carrying iron ore capsized off its east coast before dawn on Saturday, killing five sailors and leaving five missing, the Xinhua news agency said. The ship "Haoping," with 14 sailors and 4,000 tons of iron ore on board overturned at 3
Published 29 Jun, 2008 12:00am
Cargo ship sinks off China coast

Cargo ship sinks off China coast

A Chinese cargo ship carrying iron ore capsized off its east coast before dawn on Saturday, killing five sailors and leaving five missing, the Xinhua news agency said. The ship "Haoping," with 14 sailors and 4,000 tons of iron ore on board overturned at 3
Published 29 Jun, 2008 12:00am
Huge Kashagan oilfield development put off until 2013

Huge Kashagan oilfield development put off until 2013

Kazakhstan and a consortium of Western oil companies, developing the huge Kashagan oilfield, have agreed to put off the start of production until 2013, a senior Kazakh government official said on Saturday.
Published 29 Jun, 2008 12:00am
Huge Kashagan oilfield development put off until 2013

Huge Kashagan oilfield development put off until 2013

Kazakhstan and a consortium of Western oil companies, developing the huge Kashagan oilfield, have agreed to put off the start of production until 2013, a senior Kazakh government official said on Saturday.
Published 29 Jun, 2008 12:00am
Huge Kashagan oilfield development put off until 2013

Huge Kashagan oilfield development put off until 2013

Kazakhstan and a consortium of Western oil companies, developing the huge Kashagan oilfield, have agreed to put off the start of production until 2013, a senior Kazakh government official said on Saturday.
Published 29 Jun, 2008 12:00am
KPT plans rail connectivity for prompt transportation

KPT plans rail connectivity for prompt transportation

The Karachi Port Trust (KPT) is planning rail connectivity for prompt and efficient movement of overland transportation of cargo. An announcement to this effect was made in a KPT statement issued on Saturday. It said KPT Chairperson Nasreen Haque held a m
Published 29 Jun, 2008 12:00am
LPG price further up by Rs three per kg

LPG price further up by Rs three per kg

With unabated price-hike, the liquefied petroleum gas (LPG) price on Saturday surged up further by Rs 3 per kg, Rs 30 per 11.8-kg cylinder and Rs 116 per 45.4-kg cylinder across Sindh. Market sources told Business Recorder that producing companies
Published 29 Jun, 2008 12:00am
LPG price further up by Rs three per kg

LPG price further up by Rs three per kg

With unabated price-hike, the liquefied petroleum gas (LPG) price on Saturday surged up further by Rs 3 per kg, Rs 30 per 11.8-kg cylinder and Rs 116 per 45.4-kg cylinder across Sindh. Market sources told Business Recorder that producing companies
Published 29 Jun, 2008 12:00am
LPG price further up by Rs three per kg

LPG price further up by Rs three per kg

With unabated price-hike, the liquefied petroleum gas (LPG) price on Saturday surged up further by Rs 3 per kg, Rs 30 per 11.8-kg cylinder and Rs 116 per 45.4-kg cylinder across Sindh. Market sources told Business Recorder that producing companies
Published 29 Jun, 2008 12:00am
Corps Commanders' conference next month

Corps Commanders' conference next month

Pak Army Corp Commanders' 109th conference will be held in the first week of July, a private TV channel reported. According to the channel, Pak Army Chief, General Ashfaque Pervaiz Kayani will preside over the meeting, which will be attended by all the Co
Published 29 Jun, 2008 12:00am
Corps Commanders' conference next month

Corps Commanders' conference next month

Pak Army Corp Commanders' 109th conference will be held in the first week of July, a private TV channel reported. According to the channel, Pak Army Chief, General Ashfaque Pervaiz Kayani will preside over the meeting, which will be attended by all the Co
Published 29 Jun, 2008 12:00am
Yasin Malik among scores hurt in IoK protests

Yasin Malik among scores hurt in IoK protests

Indian police fired bullets and teargas on Saturday to quell thousands of stone throwing Muslim demonstrators across occupied Kashmir as anger grew over the transfer of forestland to a Hindu shrine trust.
Published 29 Jun, 2008 12:00am
Yasin Malik among scores hurt in IoK protests

Yasin Malik among scores hurt in IoK protests

Indian police fired bullets and teargas on Saturday to quell thousands of stone throwing Muslim demonstrators across occupied Kashmir as anger grew over the transfer of forestland to a Hindu shrine trust.
Published 29 Jun, 2008 12:00am
Alitalia chairman eyes 'last chance' rescue

Alitalia chairman eyes 'last chance' rescue

Near-bankrupt Italian airline Alitalia faces its last chance to avoid collapse with an upcoming rescue effort, Chairman Aristide Police told shareholders on Saturday. Shareholders gathered to approve 2007 losses of 495 million euros ($779.1 million) at th
Published 29 Jun, 2008 12:00am
Qureshi for quick settlement of all issues with India

Qureshi for quick settlement of all issues with India

Expressing strong desire of Pakistan for quick resolution of outstanding issues with India, Foreign Minister Shah Mahmood Qureshi said both countries should seize opportunity provided by existing positive environment. He was speaking at a dinner reception
Published 29 Jun, 2008 12:00am
Saudi inflation stabilises, rents and food soar

Saudi inflation stabilises, rents and food soar

Annual inflation in Saudi Arabia eased slightly to 10.4 percent in May down from a more than 30-year high a month earlier, but rising rental and food costs continued to pressure the world's top oil exporter.
Published 29 Jun, 2008 12:00am
PIBs auction: Slic grabs lion''''s share as banks choose to sit tight

PIBs auction: Slic grabs lion''''s share as banks choose to sit tight

Very thin participation of banks and other corporates was seen at the first auction of Pakistan Investment Bonds, held after the tightening of Monetary Policy in the third week of May this year. The rise in long-term interest rates was, however, in line w
Published 29 Jun, 2008 12:00am
PIBs auction: Slic grabs lion''s share as banks choose to sit tight

PIBs auction: Slic grabs lion''s share as banks choose to sit tight

Very thin participation of banks and other corporates was seen at the first auction of Pakistan Investment Bonds, held after the tightening of Monetary Policy in the third week of May this year. The rise in long-term interest rates was, however, in line w
Published 29 Jun, 2008 12:00am
PIBs auction: Slic grabs lion's share as banks choose to sit tight

PIBs auction: Slic grabs lion's share as banks choose to sit tight

Very thin participation of banks and other corporates was seen at the first auction of Pakistan Investment Bonds, held after the tightening of Monetary Policy in the third week of May this year. The rise in long-term interest rates was, however, in line w
Published 29 Jun, 2008 12:00am
PIBs auction: Slic grabs lion's share as banks choose to sit tight

PIBs auction: Slic grabs lion's share as banks choose to sit tight

Very thin participation of banks and other corporates was seen at the first auction of Pakistan Investment Bonds, held after the tightening of Monetary Policy in the third week of May this year. The rise in long-term interest rates was, however, in line w
Published 29 Jun, 2008 12:00am
PPP considering appointment of new CEC, EU team told

PPP considering appointment of new CEC, EU team told

Pakistan People's Party (PPP) said on Saturday it was seriously considering the option of appointing Chief Election Commissioner (CEC) from a list of names forwarded by the leader of the opposition to ensure free and impartial Election Commission (EC).
Published 29 Jun, 2008 12:00am
The Weather

The Weather

The weather report on Saturday (June 28, 2008) and the forecast for Sunday (June 29, 2008).

Published 29 Jun, 2008 12:00am
PPP considering appointment of new CEC, EU team told

PPP considering appointment of new CEC, EU team told

Pakistan People's Party (PPP) said on Saturday it was seriously considering the option of appointing Chief Election Commissioner (CEC) from a list of names forwarded by the leader of the opposition to ensure free and impartial Election Commission (EC).
Published 29 Jun, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (June 28, 2008).

Published 29 Jun, 2008 12:00am
Punjab forms raiding teams to check hoarding of diesel, petrol

Punjab forms raiding teams to check hoarding of diesel, petrol

Following reports about hoarding and overcharging for petrol and diesel, the Punjab government has formed special raiding teams, headed by District Coordination Officers (DCOs), to check hoarding and overcharging for petrol and diesel throughout the provi
Published 29 Jun, 2008 12:00am
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