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Print - 2008-07-09
Soft commodities gather breath

Soft commodities gather breath

Soft commodity markets were consolidating on Tuesday after steep losses from wholesale investment fund liquidation in the previous session, analysts said. "Today is a consolidation day," Larry Young, a senior analyst for brokerage Infinity Futures in Chic
Published 09 Jul, 2008 12:00am
New York gold trims losses

New York gold trims losses

US gold reversed much of Monday's declines when the dollar gave up its gains against the euro, traders said, adding that continued crude oil losses kept pressure on the yellow metal. The August contract finished $4.80, or 0.51 percent, lower at $928.80 an
Published 09 Jul, 2008 12:00am
Gold swings lower in London

Gold swings lower in London

Gold slid more than 1 percent on Tuesday as oil prices shed more than $6 a barrel and as the dollar firmed after comments from Federal Reserve chairman Ben Bernanke. Spot gold fell to $914.20/915.20 an ounce at 1505 GMT from $925.15/926.35 an ounce late i
Published 09 Jul, 2008 12:00am
US MIDDAY: coffee sinks, cocoa up

US MIDDAY: coffee sinks, cocoa up

Arabica coffee futures fell nearly 4 percent on ICE Futures in early trade Tuesday on continued long liquidation, while US cocoa futures turned higher as manufacturers took advantage of Monday's steep fall. September arabica contract down 4.20 cents or 2.
Published 09 Jul, 2008 12:00am
US MIDDAY: sugar firms

US MIDDAY: sugar firms

The benchmark October raw sugar contract gained 0.23 cent to end at 13.75 cents per lb, dealing from 13.26 to 13.83 cents, early on Tuesday. Volume traded in the October contract was at 53,631 lots at 2:02 pm EDT (1902 GMT).
Published 09 Jul, 2008 12:00am
US MIDDAY: wheat lower

US MIDDAY: wheat lower

Wheat futures on the Chicago Board of Trade were lower early on Tuesday on spillover weakness as the corn and soybean markets continued to plunge, traders said. Seasonal wheat harvest pressure and a drop in the crude oil and gold markets added pressure.
Published 09 Jul, 2008 12:00am
US MIDDAY: soyabeans, corn plunge

US MIDDAY: soyabeans, corn plunge

Corn and soyabean futures on the Chicago Board of Trade plunged early on Tuesday on better weather in the US Midwest and improved crop condition ratings, traders said. A drop in the crude oil and gold markets lend additional pressure.
Published 09 Jul, 2008 12:00am
US MIDDAY: copper sinks

US MIDDAY: copper sinks

US copper futures lost nearly 4 percent of their value early Tuesday as further profit-taking losses pressured prices into sell-stop orders below which quickened the pace of the decline, traders said.
Published 09 Jul, 2008 12:00am
US MIDDAY: gold declines

US MIDDAY: gold declines

US gold pulled further off the 2-1/2 month high set late last week as crude oil prices continued to decline and the dollar's advance undermined both commodities in early Tuesday's activity, traders said. The August contract dropped $12.70 or 1.37 percent
Published 09 Jul, 2008 12:00am
Mybank declares PLS profit rates

Mybank declares PLS profit rates

Mybank Limited has declared the following PLS profit rates for the period of six months ended 30th June 2008.

Published 09 Jul, 2008 12:00am
Mybank declares PLS profit rates

Mybank declares PLS profit rates

Mybank Limited has declared the following PLS profit rates for the period of six months ended 30th June 2008.

Published 09 Jul, 2008 12:00am
IG Traffic awards certificates

IG Traffic awards certificates

The Inspector General of Sindh Police Sultan Sallahuddin Babar Khattak has stressed the need for developing traffic sense among Karachiities to check road accidents. He was speaking at a certificate distribution ceremony of First Aid Course (FAC) organise
Published 09 Jul, 2008 12:00am
PSO depots: a clarification

PSO depots: a clarification

Pakistan State Oil Company Limited (PSO) has clarified a news item published in Business Recorder on July 07, 2008 under the caption "Ministry seeks ECC nod to shutdown 19 PSO depots". In a clarification PSO said that the proposed reduction in the
Published 09 Jul, 2008 12:00am
HBL declares Funds results

HBL declares Funds results

The Board of Directors of HBL Assets Management, the Management Company of HBL, Income Fund, HBL Stock Fund, HBL Multi-Asset Fund in its meeting held on July 5, 2008 declared results for its funds for the year ended June 30, 2008. The Board approved final
Published 09 Jul, 2008 12:00am
HBL declares Funds results

HBL declares Funds results

The Board of Directors of HBL Assets Management, the Management Company of HBL, Income Fund, HBL Stock Fund, HBL Multi-Asset Fund in its meeting held on July 5, 2008 declared results for its funds for the year ended June 30, 2008. The Board approved final
Published 09 Jul, 2008 12:00am
Askari Bank AA, A1+ ratings maintained

Askari Bank AA, A1+ ratings maintained

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term ratings of Askari Bank Limited (AKBL) at AA (Double A) and A1+ (A one plus) respectively. The ratings of first and the second unsecured subordinated TFC issues of Rs 1,5
Published 09 Jul, 2008 12:00am
Askari Bank AA, A1+ ratings maintained

Askari Bank AA, A1+ ratings maintained

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term ratings of Askari Bank Limited (AKBL) at AA (Double A) and A1+ (A one plus) respectively. The ratings of first and the second unsecured subordinated TFC issues of Rs 1,5
Published 09 Jul, 2008 12:00am
POBOP Advantage Plus Fund dividend declared

POBOP Advantage Plus Fund dividend declared

The board of director of the Pak Oman Asset Management Company Limited (POBOP) has declared the dividend of 'POBOP Advantage Plus Fund', an open end fixed income scheme, in their meeting held on July 7, through conference call and has approved the followi
Published 09 Jul, 2008 12:00am
POBOP Advantage Plus Fund dividend declared

POBOP Advantage Plus Fund dividend declared

The board of director of the Pak Oman Asset Management Company Limited (POBOP) has declared the dividend of 'POBOP Advantage Plus Fund', an open end fixed income scheme, in their meeting held on July 7, through conference call and has approved the followi
Published 09 Jul, 2008 12:00am
PML-Q leaders condole Khatir Ghaznavi's death

PML-Q leaders condole Khatir Ghaznavi's death

President of Pakistan Muslim League (PML-Q) Chaudhry Shujaat Hussain, Central Vice President Muhammad Ali Durrani and Secretary General Senator Mushahid Hussain Sayed have condoled the demise of renowned poet, researcher, columnist and vice president of t
Published 09 Jul, 2008 12:00am
Plan to air-link Mirpur with rest of the world

Plan to air-link Mirpur with rest of the world

AJK government is contemplating to air-link Azad Jammu Kashmir's fast expanding model city of Mirpur with rest of the world through the establishment of an international airport in order to provide direct air travelling facilities to the people of Mirpur,
Published 09 Jul, 2008 12:00am
LHC issues notices to Punjab University vice chancellor and director

LHC issues notices to Punjab University vice chancellor and director

The Lahore High Court has issued notices for July 13 to Punjab University Vice Chancellor Professor Dr Mujahid Kamran and Institute of Communication Studies Director Professor Dr Mugheesuddin in a petition alleging discrimination against PhD students.
Published 09 Jul, 2008 12:00am
High fuel prices affect agriculture sector

High fuel prices affect agriculture sector

Rising petroleum prices would affect the agriculture sector of the country as farmers are dependent on fuel to operate their tube-wells for producing water, which is the basic need for the irrigation and growth of the crops.
Published 09 Jul, 2008 12:00am
Administrator of government-run seminary shot dead in Swat

Administrator of government-run seminary shot dead in Swat

Unidentified gunmen have shot dead administrator of a government-run religious seminary in the troubled Swat valley, police said Tuesday. Maulana Masood came under attack at Sara Cheena area of Tehsil Charbagh on Monday night when he was on his way to hom
Published 09 Jul, 2008 12:00am
'Government committed to people's welfare'

'Government committed to people's welfare'

Pakistan High Commissioner to the United Kingdom Wajid Shamsul Hasan has said the new democratic government is committed to the welfare of the people of Pakistan and despite numerous challenges in all walks of life, initiatives have been taken for economi
Published 09 Jul, 2008 12:00am
Timely completion of projects directed

Timely completion of projects directed

The Azad Jammu and Kashmire (AJK) government has directed the heads of all nation-building departments to utilise all possible available resources and to ensure timely completion of development projects of public welfare, official sources said.
Published 09 Jul, 2008 12:00am
Azerbaijan reiterates support to Pakistan's stance on Kashmir

Azerbaijan reiterates support to Pakistan's stance on Kashmir

Azerbaijan has reiterated its support to Pakistan's principled stand on the Kashmir issue just as Pakistan has supported Azerbaijan on the issue of Armenia. These views were expressed by Azerbaijan Parliament Speaker Ogtay Asadov while talking to Pakistan
Published 09 Jul, 2008 12:00am
Senior lawyer Ghulam Mustafa laid to rest

Senior lawyer Ghulam Mustafa laid to rest

Renowned lawyer Ghulam Mustafa Qureshi was laid to rest here at Hazara graveyard on Tuesday. The funeral prayer was offered at the graveyard. A large number of lawyers, office-bearers of Balochistan and Quetta Bar Associations, writers, journalists and se
Published 09 Jul, 2008 12:00am
Opportunities exist to set up desalination plants

Opportunities exist to set up desalination plants

There are opportunities to set up desalination plants by utilising solar energy to bring a vast area of barren land under cultivation. Sindh Minister for Environment and Alternate Energy, Askari Taqvi stated this. He was talking to Nadir Abdul Latif, head
Published 09 Jul, 2008 12:00am
Private colleges

Private colleges

Our private colleges enjoy the freedom of providing education without any interference of political activities, but are unable to fulfil their basic responsibility of providing quality education to students.
Published 09 Jul, 2008 12:00am
Pakistan's great philanthropists

Pakistan's great philanthropists

According to press reports Pakistan's ace philanthropist Abdul Sattar Edhi has opened another chapter of Abdul Sattar Edhi Foundation called "Free Food for the Poor".
Published 09 Jul, 2008 12:00am
Arizona towns hurt as gangs see smuggling profit

Arizona towns hurt as gangs see smuggling profit

Walls get tagged with graffiti. Cars get shot up in drive-by shootings. Youngsters flash gang signs and battle with bricks, sticks, bats and pipes in the local park over turf. Once a sleepy smelter town on the Mexico border, Douglas is one of several citi
Published 09 Jul, 2008 12:00am
Good Morning: only frightening questions

Good Morning: only frightening questions

Given the manner in which the coalition government is functioning (?) at the centre, and the doubts there have been lingering about the first 100 days of the new government, and a ministerial rhetoric punctuated by half-hearted hollow claims, and the suic
Published 09 Jul, 2008 12:00am
The regime of negative reciprocity

The regime of negative reciprocity

Do you recall the Darfur tragedy? It caught the attention of the international community in February 2003. More than 5 years later the devils on horseback are still ravaging not only in Darfur itself, but also they have spread the conflict into Chad.
Published 09 Jul, 2008 12:00am
Need for a rethink

Need for a rethink

According to a press report, the government is about to close the Khushhal Pakistan Fund, set up less than three years ago under public-private partnership in support of Pakistan Khushhal Programme to promote poverty reduction schemes in the less develope
Published 09 Jul, 2008 12:00am
Karachi blasts

Karachi blasts

Within 24 hours of the deadly suicide-bombing attack in the nation's capital, the country's commercial hub, Karachi, was rocked by a string of blasts on Monday evening. While the Islamabad bombing took some 20 lives, mostly of police personnel, the Karach
Published 09 Jul, 2008 12:00am
ICAP holds awards distribution ceremony

ICAP holds awards distribution ceremony

The Institute of Chartered Accountants of Pakistan (ICAP) held an award distribution ceremony at its regional office in Lahore recently in honour of its meritorious students of Northern Region who qualified in the examinations held in the year 2007.
Published 09 Jul, 2008 12:00am
Financial crisis may deepen over time: Rashid

Financial crisis may deepen over time: Rashid

Awami Muslim League (AWL) President Sheikh Rashid Ahmed said on Tuesday that financial crisis in the country were deepening and the situation might aggravate in times to come. Talking to newsmen at his party's provincial office here, Sheikh Rashid said th
Published 09 Jul, 2008 12:00am
Martyred policemen families: Shahbaz announces assistance

Martyred policemen families: Shahbaz announces assistance

Punjab Chief Minister Mian Muhammad Shahbaz Sharif has announced financial assistance of rupees one million each for the families of the Punjab police officials who were martyred in a bomb blast in Islamabad. This amount will be in addition to the financi
Published 09 Jul, 2008 12:00am
Mukhtar assures textile sector R&D support

Mukhtar assures textile sector R&D support

Federal Textile Minister Ahmad Mukhtar has assured to continue the Research and Development (R&D) support to the textile sector for 2008-09. The government will consider it in an inter-ministerial co-ordination committee meeting likely to be held on July
Published 09 Jul, 2008 12:00am
Punjab chief minister takes notice of inoperative closed circuit cameras

Punjab chief minister takes notice of inoperative closed circuit cameras

Punjab Chief Minister Shahbaz Sharif has taken strict notice of the fact that most of closed circuit cameras installed in the city for monitoring the activities of anti-social elements were out of order and directed the Punjab IGP to undertake immediate r
Published 09 Jul, 2008 12:00am
49 million people living below poverty line: minister

49 million people living below poverty line: minister

Eight children are born every minute, 49 million people are living below the poverty line, while at least 500 mothers out of 10,000, die during pregnancy. The Punjab Minister for Population Welfare Ms Neelam Jabbar Chaudhry said this while addressing a ne
Published 09 Jul, 2008 12:00am
Lahore RTO collected Rs 31.5 billion in 2007-08

Lahore RTO collected Rs 31.5 billion in 2007-08

The Regional Tax Office here has collected Rs 31.5 billion in the 2007-08 financial year under all taxes as compared to last year's figure of Rs 25.56 billion, which is Rs 5,935 million more, showing an increase of 23 percent. RTO Director General Khwaja
Published 09 Jul, 2008 12:00am
LHC orders SI to appear before court

LHC orders SI to appear before court

The Lahore High Court has ordered sub-inspector of the CIA Kotwali to appear before court on July 14 in a petition against him alleging his involvement in the abduction of a child. Petitioner Akhter had filed a habeas corpus petition submitting that some
Published 09 Jul, 2008 12:00am
LDA retrieves 20 plots from land grabbers

LDA retrieves 20 plots from land grabbers

During its massive crackdown against plot mafia and land grabbers, the staff of the Estate Management Directorate of Lahore Development Authority retrieved a total of 20 plots worth millions of rupees, situated in different blocks of Johar Town, here, on
Published 09 Jul, 2008 12:00am
Rs 2.175 billion PSC budget approved for 2008-09

Rs 2.175 billion PSC budget approved for 2008-09

Board of Directors of the Punjab Seed Corporation (PSC) gave approval of a budget of Rs 2.175 billion for the Corporation for the year 2008-09. Punjab Minister for Agriculture Ahmad Ali Aulakh chaired the meeting, also present were Punjab Agriculture Secr
Published 09 Jul, 2008 12:00am
Urs of Khawja Moeenuddin from today

Urs of Khawja Moeenuddin from today

The 796th urs celebrations of Hazrat Moeenuddin Chishti Ajmeri will be held here from July 9-10 under the auspices of provincial department for religious affairs and Auqaf. A seminar will be held at Hazrat Data Ganj Bakhsh Complex on Wednesday July 9 unde
Published 09 Jul, 2008 12:00am
Red alert after report of explosive-laden cars' entry into Rawalpindi

Red alert after report of explosive-laden cars' entry into Rawalpindi

Nasir Khan Durrani, Regional Police Officer, Rawalpindi on Tuesday said that security in Rawalpindi was beefed up after information regarding the entry of explosive-laden vehicles. "We have increased the force around the sensitive installations particular
Published 09 Jul, 2008 12:00am
Two killed, nine injured in accidents

Two killed, nine injured in accidents

Some two persons were killed and nine others injured in different accidents across the city. Sources said that Hussain, 37, son of Tahir was killed when a speeding passenger bus hit his motor bike from behind at Dawood roundabout in afternoon.
Published 09 Jul, 2008 12:00am
Rs 9.82 billion Peshawar city surplus budget unveiled

Rs 9.82 billion Peshawar city surplus budget unveiled

The City District Government, Peshawar, on Tuesday unveiled the annual budget of Rs 9.828 billion for the financial year 2008-09, showing total expenditure of Rs 6.569 billion with a surplus of Rs 3.159 billion. The revenue of the district government duri
Published 09 Jul, 2008 12:00am
Rs 9.82 billion Peshawar city surplus budget unveiled

Rs 9.82 billion Peshawar city surplus budget unveiled

The City District Government, Peshawar, on Tuesday unveiled the annual budget of Rs 9.828 billion for the financial year 2008-09, showing total expenditure of Rs 6.569 billion with a surplus of Rs 3.159 billion. The revenue of the district government duri
Published 09 Jul, 2008 12:00am
This opportunity must not be wasted

This opportunity must not be wasted

With the tribal areas possibly full of resources, and our own economy starting to slow down, providing a secure climate in these mountainous areas could improve the country's investment prospects. As negotiations only give militants more time to rearm, th
Published 09 Jul, 2008 12:00am
Mobilink launches 'Mobilink Genie'

Mobilink launches 'Mobilink Genie'

Mobilink has launched 'Mobilink Genie', a futuristic service of privileges and convenience, heralding the onset of mobile commerce in Pakistan. This service has been introduced with the collaboration of Inov8, CitiBank, KASB, Atlas Bank and Adamjee Insura
Published 09 Jul, 2008 12:00am
PML-Q expels Kashmala

PML-Q expels Kashmala

PML-Q has expelled Kashmala Tariq and cancelled her party membership. The action was taken against her, as she did not vote Chaudhry Pervez Elahi for Premier-ship, differences over several issues and violating party discipline. Kashmala Tariq was elected
Published 09 Jul, 2008 12:00am
Sindh local government minister suspends three officials for negligence

Sindh local government minister suspends three officials for negligence

The Sindh Minister for Local Government Agha Siraj Khan Durani has suspended three officers of the local government of Sehwan Sharif due to their negligence, which resulted in contaminated drinking water being supplied to the public. The suspended officer
Published 09 Jul, 2008 12:00am
Sindh chief minister slams LEAs for 'defective' performance

Sindh chief minister slams LEAs for 'defective' performance

A meeting on Tuesday, presided over by Sindh Chief Minster Qaim Ali Shah, reviewed the law and order situation in the province and termed the performance of law enforcing agencies as "defective" in the wake of Monday's serial bomb explosions in Karachi.
Published 09 Jul, 2008 12:00am
'CPSP conducting quality training workshops'

'CPSP conducting quality training workshops'

The College of Physicians and Surgeons Pakistan (CPSP) is successfully conducting quality training workshops with its expansion project simultaneously and over 1,500 under training doctors and more than 300 senior specialist doctors have participated in t
Published 09 Jul, 2008 12:00am
Move for rationalisation of freight rates

Move for rationalisation of freight rates

The ministry of ports and shipping is planning to set up a high-level committee to deal with the disputes between traders and various companies on shipping charges. The Local Shipping Rates Advisory Committee was under consideration to address the grievan
Published 09 Jul, 2008 12:00am
300 officials deputed for local governments' audit

300 officials deputed for local governments' audit

The on-going audit of the development and non-development schemes carried out by 44 district governments and 144 tehsil municipal administrations (TMAs) in Punjab during the period of 2001-2008 will be completed by the end of August.
Published 09 Jul, 2008 12:00am
Security tightened in Punjab

Security tightened in Punjab

After the series of bomb blasts in Karachi and Islamabad, Punjab government has ordered high alert in all the districts of the province. An official spokesman said here on Tuesday that provincial government reiterated the firm resolve of his government to
Published 09 Jul, 2008 12:00am
Government striving hard to get rid of load shedding

Government striving hard to get rid of load shedding

The government is striving hard for improving power distribution system to get rid of load shedding within the next couple of years. Chief Executive Officer (CEO), Faisalabad Electric Supply Company (Fesco), Ahmad Saeed Akhtar expressed these views in "Gu
Published 09 Jul, 2008 12:00am
Socio-political circles concerned over government performance

Socio-political circles concerned over government performance

Socio-political circles have expressed deep concern over the poor performance of the government and alleged that due to weak policies of the government the industrial sector as well as common man adversely affected in the country.
Published 09 Jul, 2008 12:00am
NPRMS to be set up to check pesticides quality

NPRMS to be set up to check pesticides quality

National Pesticides Residues Monitoring System (NPRMS) will be set up with a cost of Rs 20 million to check the quality and standard of pesticides and other chemicals used in agri-sector. Rs 500 million will be spent in "Wheat maximisation programme" to i
Published 09 Jul, 2008 12:00am
First Cyclotron installed at SKMCH

First Cyclotron installed at SKMCH

First Cyclotron in Pakistan has been placed in the bunker at the Shaukat Khanum Memorial Cancer Hospital (SKMCH) in Lahore. The Cyclotron and PET SCAN is the most modern diagnostic tool in the management of cancer in Pakistan because of its ability to det
Published 09 Jul, 2008 12:00am
Pakistan needs to be careful in Afghan policy: expert

Pakistan needs to be careful in Afghan policy: expert

Former ambassador Javaid Hussain has said the presence of the United States and the International Security Assistance Force (ISAF) in Afghanistan could worsen the situation instead of helping bring about stability.
Published 09 Jul, 2008 12:00am
Panel set up to oversee ATA application

Panel set up to oversee ATA application

Punjab Chief Minister Shahbaz Sharif here on Tuesday constituted a committee for proper application and enforcement of Anti-Terrorism Act, 1997 in the province. Punjab Minister for Law Sanaullah Khan will be chairman of the committee, while Home Departmen
Published 09 Jul, 2008 12:00am
Local body elections next year: Taseer

Local body elections next year: Taseer

Punjab Governor Salmaan Taseer has said that to solve issues of the masses more powers should be vested in district governments. He was talking to participants of 88th Management Course here on Tuesday. He said district governments had overall performed w
Published 09 Jul, 2008 12:00am
Atta-ul-Haq made arts council BoGs chairman

Atta-ul-Haq made arts council BoGs chairman

The Punjab government has appointed columnist Atta-ul-Haq Qasmi as Chairman of Board of Governors of Al-Hamra Arts Council. According to a notification issued here in this regard. Atta-ul-Haq Qasmi is the recipient of Pride of Performance and Sitara-e-Imt
Published 09 Jul, 2008 12:00am
Directives to complete pre-flood activities issued

Directives to complete pre-flood activities issued

Punjab Health Department has directed all the Executive District Officers (EDOs) Health to complete all pre-flood arrangements and send a comprehensive compliance report to the headquarters. Director Health Services (CDC), Dr Zia-ur-Rehman said that on th
Published 09 Jul, 2008 12:00am
221 employees of PUNJMIN to be regularised

221 employees of PUNJMIN to be regularised

The 70th meeting of Board of Directors (BoD) of the Punjab Mineral Development Corporation (PUNJMIN) held on Tuesday in the committee room of the office of Secretary Mines and Mineral Department to regularise the services of 221 employees working for 10 t
Published 09 Jul, 2008 12:00am
Minister reviews child labour menace in Sindh

Minister reviews child labour menace in Sindh

Provincial Labour Minister Amir Nawab Tuesday said that poverty is one of the major factors for child labour and children are not admitted to schools because of this factor. He said child labour is also getting boost in Sindh because of dismemberment of f
Published 09 Jul, 2008 12:00am
Sindh University approves admissions schedule

Sindh University approves admissions schedule

The Sindh University (SU) has approved schedule of admissions for Bachelors and Masters' degrees programme for academic session 2009 here on Tuesday. A high level meeting, in this connection, attended by the deans of faculties and other concerned section
Published 09 Jul, 2008 12:00am
Need to enhance co-operation between GCU, USEF stressed

Need to enhance co-operation between GCU, USEF stressed

Executive Director, United States Educational Foundation (USEF), Dr Grace Clark has told Vice Chancellor, Government College University (GCU), Dr Khalid Aftab about the Foundation's Scholarship programmes and Educational Advising Services.
Published 09 Jul, 2008 12:00am
'Globalisation can be turned into opportunities

'Globalisation can be turned into opportunities

"Globalisation is a challenge which can be turned into opportunities for benefit of Islamic revival," said Professor of Islamic Studies at the University of Oxford, UK, Dr Tariq Ramadan. He was delivering a lecture on "Globalisation and the Redefinition o
Published 09 Jul, 2008 12:00am
Suspects quizzed over Karachi blasts

Suspects quizzed over Karachi blasts

The police questioned several suspects on Tuesday over multiple blasts here, which killed one person and wounded 37, the second attack in as many days to hit the key ally in the 'war on terror'. The string of six explosions in the volatile city came a day
Published 09 Jul, 2008 12:00am
Three troops killed in Bara attack

Three troops killed in Bara attack

Three security personnel were killed and four others injured when unknown gunmen ambushed them at Akakhel area in Tehsil Bara of Khyber Agency on Tuesday. "Three security men of paramilitary force have been killed and four others injured when armed assail
Published 09 Jul, 2008 12:00am
Mother of Tariq Aziz laid to rest

Mother of Tariq Aziz laid to rest

The mother of Tariq Aziz, a close aide of President Pervez Musharraf and Secretary of National Security Council, was laid to rest at Cantonment graveyard on Tuesday. She was 96. Her Namaz-e-Janaza was held here at 37-B Cantonment after Maghrab prayers.
Published 09 Jul, 2008 12:00am
National census meeting today

National census meeting today

A meeting of the Population Census Organisation (PCO) has been summoned today (July 9) and 10 in connection with forthcoming census of the country. Tariq Shafiq Khan, secretary of statistics division will preside over the meeting while chief census commis
Published 09 Jul, 2008 12:00am
'Karachi blasts a conspiracy against democracy'

'Karachi blasts a conspiracy against democracy'

Provincial Minister for Interior and Forest Dr Zulfiqar Ali Mirza has said that the recent bomb blasts in Karachi were aimed at destabilising democracy in the country, says a press release. The minister directed the investigation team to early complete th
Published 09 Jul, 2008 12:00am
The Weather

The Weather

The weather report on Tuesday (July 08, 2008) and the forecast for Wednesday (July 09, 2008).

Published 09 Jul, 2008 12:00am
Plan to collect additional Rs 15 billion finalised by FBR

Plan to collect additional Rs 15 billion finalised by FBR

The Federal Board of Revenue (FBR) has finalised the annual plan for collection of additional Rs 15 billion during 2008-09 through administrative measures, including strict enforcement of tax laws.
Published 09 Jul, 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 09 Jul, 2008 12:00am
'SBP policies set to push 50 percent population below poverty line'

'SBP policies set to push 50 percent population below poverty line'

The subjective monetary policies and superficial measures by the State Bank of Pakistan (SBP) are set to push over 50 percent population below the poverty line by the end of this fiscal year and there are looming signs of the recession due to ever-increas
Published 09 Jul, 2008 12:00am
128 million added to country's population during 58 years

128 million added to country's population during 58 years

Almost 128 million persons were added to the country's population during the last 58 years (1951-2008) whereas the annual growth has risen from 1 percent to 2 percent reflecting that if it continued with the same pace the population would double in 2045,
Published 09 Jul, 2008 12:00am
Training key to enhance professional skills: CoAS

Training key to enhance professional skills: CoAS

Chief of Army Staff (CoAS), General Ashfaq Kayani, said on Tuesday that the hard professional training was key to harness the professional skills which were required to give a cutting edge to Army. The CoAS was addressing the garrison officers, during his
Published 09 Jul, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 08, 2008).

Published 09 Jul, 2008 12:00am
Minfal meeting to evolve strategy to protect cotton crop

Minfal meeting to evolve strategy to protect cotton crop

The Ministry of Food Agriculture and Livestock (Minfal) has called an emergency meeting to formulate a strategy to protect cotton crop from lethal virus of mealy bug, which is threatening the production target of 14.1 million bales for the year, it was le
Published 09 Jul, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 08, 2008).

Published 09 Jul, 2008 12:00am
Wheat supply by Punjab to NWFP: meeting to review progress on July 10

Wheat supply by Punjab to NWFP: meeting to review progress on July 10

Food ministers and officials of Punjab and NWFP will be meeting here in Lahore on July 10, 2008 to review the progress on the agreement reached between the two provinces in April this year for provision of wheat and flour to NWFP by Punjab during 2008-09.
Published 09 Jul, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 08, 2008).

Published 09 Jul, 2008 12:00am
FBR transfers and postings

FBR transfers and postings

The Federal Board of Revenue has transferred and posted 52 officials of income tax and customs/excise groups (Grade-19) with immediate effect.
Published 09 Jul, 2008 12:00am