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Print - 2008-07-12
Iraq says no knowledge of any Israeli air drills

Iraq says no knowledge of any Israeli air drills

Iraq's Defence Ministry said on Friday it had no knowledge of any Israeli air force drills in its airspace after a report that the Israelis were preparing there for a possible strike on Iran. An Israeli security source said a media report, carried on the
Published 12 Jul, 2008 12:00am
Al-Jazeera bureau chief fined

Al-Jazeera bureau chief fined

A court in Morocco fined Al-Jazeera's Rabat bureau chief on Friday for spreading "false information" about police brutality, but stopped short of dishing out a jail term. The Qatar-based television network reported last month that a June 7 protest in the
Published 12 Jul, 2008 12:00am
Talks make headway on checking North Korea nuclear claims

Talks make headway on checking North Korea nuclear claims

Negotiators trying to move forward with disarming North Korea made progress during a second day of talks on Friday on agreeing methods to verify the North's own account of its nuclear activities, an official said.
Published 12 Jul, 2008 12:00am
Kosovo wins $1.9 billion in aid pledges

Kosovo wins $1.9 billion in aid pledges

Newly independent Kosovo won 1.2 billion euros ($1.9 billion) in aid pledges at a donors' conference on Friday billed as the first step to rebuilding its shattered economy.
Published 12 Jul, 2008 12:00am
Russia Tsar killer must lose station name: royalists

Russia Tsar killer must lose station name: royalists

A Moscow metro station named after one of the last Tsar's executioners should be renamed, Russian monarchists said on Friday, a week before the 90th anniversary of the royal family's killing. Tsar Nicholas II, his wife and five children were killed on Jul
Published 12 Jul, 2008 12:00am
Britain jails fiancee of would-be bomber

Britain jails fiancee of would-be bomber

A woman was jailed for three years Friday for helping her fiance flee in a burka after he tried to blow himself up during a wave of failed suicide bombings in London in 2005.
Published 12 Jul, 2008 12:00am
Indian rupee gains

Indian rupee gains

The Indian rupee hit a two-week high on Friday as a corporate sold a sizeable amount of dollars, but then trimmed its gains as unexpectedly weak industrial output data sparked a stock market sell-off and oil hit a record high.
Published 12 Jul, 2008 12:00am
Sterling gains versus dollar

Sterling gains versus dollar

Sterling gained versus a broadly weaker dollar on Friday as jitters about the health of the US financial sector overshadowed poor sentiment on Britain's economy. The Bank of England, struggling to balance an unhealthy mix of rising inflation and slowing g
Published 12 Jul, 2008 12:00am
Dollar falls versus majors in London

Dollar falls versus majors in London

The dollar fell to one-week lows versus a basket of major currencies on Friday, weighed by stock market losses and record high oil prices, although slightly improved sentiment on the financial sector limited its decline.
Published 12 Jul, 2008 12:00am
European credit spreads narrow

European credit spreads narrow

European credit spreads narrowed on Friday after US Treasury Secretary Henry Paulson said his chief aim was to support mortgage finance companies Fannie Mae and Freddie Mac in their current form. By 1515 GMT, the Markit investment-grade iTraxx Europe inde
Published 12 Jul, 2008 12:00am
European credit spreads narrow

European credit spreads narrow

European credit spreads narrowed on Friday after US Treasury Secretary Henry Paulson said his chief aim was to support mortgage finance companies Fannie Mae and Freddie Mac in their current form. By 1515 GMT, the Markit investment-grade iTraxx Europe inde
Published 12 Jul, 2008 12:00am
Friday's midday trade: Wall Street sinks on Fannie and Freddie woes

Friday's midday trade: Wall Street sinks on Fannie and Freddie woes

US stocks fell sharply on Friday after Treasury Secretary Henry Paulson gave no signs of planning a bailout for home financing providers Freddie Mac and Fannie Mae, and oil prices hit an all-time high, clouding the outlook for the economy.
Published 12 Jul, 2008 12:00am
Indian shares tumble

Indian shares tumble

Indian shares closed 3.28 percent lower Friday on concerns of further monetary tightening after inflation rose, while industrial production data disappointed, dealers said. The benchmark Mumbai 30-share Sensex index fell 456.39 points to 13,469.85.
Published 12 Jul, 2008 12:00am
Asian bond spreads tighten

Asian bond spreads tighten

Asian bond spreads tightened on Friday after a newspaper reported the US government could take over mortgage giants Fannie Mae and Freddie Mac and after US policy makers restated their commitment to stabilising financial markets. The New York Times report
Published 12 Jul, 2008 12:00am
Asian bond spreads tighten

Asian bond spreads tighten

Asian bond spreads tightened on Friday after a newspaper reported the US government could take over mortgage giants Fannie Mae and Freddie Mac and after US policy makers restated their commitment to stabilising financial markets. The New York Times report
Published 12 Jul, 2008 12:00am
FTSE falls 2.7 percent, hits lowest level in three years

FTSE falls 2.7 percent, hits lowest level in three years

Britain's top share index slid 2.7 percent on Friday to hit its lowest closing level in nearly three years, as banks fell on fears of more capital raising and worries about a bigger tax bill weighed on Vodafone. The FTSE 100 closed down 145.2 points at 5,
Published 12 Jul, 2008 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.

Published 12 Jul, 2008 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.

Published 12 Jul, 2008 12:00am
New York cotton futures settles firm

New York cotton futures settles firm

Cotton futures settled steady Friday on late investment short-covering and trade buying as the market rebounded strongly following a sell-off midway through the session, brokers said. The key December cotton contract rose 0.01 cent to finish at 73.59 cent
Published 12 Jul, 2008 12:00am
Shanghai zinc rises

Shanghai zinc rises

Shanghai zinc futures rose by their 4 percent daily limit on Friday after the metal surged almost 9 percent in London overnight, spurred by the prospect of power shortages this summer in China that could curtail output.
Published 12 Jul, 2008 12:00am
Aluminium matches recent all-time high

Aluminium matches recent all-time high

Aluminium climbed on Friday to equal an all-time high, boosted by record oil prices and concerns over power shortages in China, while the dollar's fall fuelled buying across commodities. Aluminium for three-month delivery on the London Metal Exchange ende
Published 12 Jul, 2008 12:00am
Oil hits record above $147 a barrel

Oil hits record above $147 a barrel

Oil prices jumped $5 to a record high above $147 a barrel on Friday amid growing worries of threats to supplies from Iran and Nigeria and a strike by Brazilian oil workers next week. The strong early gains were trimmed later in the day, however, as dealer
Published 12 Jul, 2008 12:00am
Oil hits record above $147 a barrel

Oil hits record above $147 a barrel

Oil prices jumped $5 to a record high above $147 a barrel on Friday amid growing worries of threats to supplies from Iran and Nigeria and a strike by Brazilian oil workers next week. The strong early gains were trimmed later in the day, however, as dealer
Published 12 Jul, 2008 12:00am
Oil hits record above $147 a barrel

Oil hits record above $147 a barrel

Oil prices jumped $5 to a record high above $147 a barrel on Friday amid growing worries of threats to supplies from Iran and Nigeria and a strike by Brazilian oil workers next week. The strong early gains were trimmed later in the day, however, as dealer
Published 12 Jul, 2008 12:00am
ICE amends rule to expand cotton trading limits

ICE amends rule to expand cotton trading limits

ICE Futures US will implement new daily price limit rules for the cotton No 2 futures contract, effective July 11, that will expand the contract's limit to 6 cents per pound under specific conditions, it said on Thursday. While no daily trading limit is a
Published 12 Jul, 2008 12:00am
Tokyo rubber bounces back

Tokyo rubber bounces back

Tokyo rubber futures rallied on Friday, snapping a four-day losing streak to rise 3 percent on the back of renewed strength in crude oil. The key Tokyo Commodity Exchange rubber contract for December delivery rose as high as 346.2 yen a kg by 0038 GMT, up
Published 12 Jul, 2008 12:00am
US soya futures up

US soya futures up

US soyabean futures on the Chicago Board of Trade rallied on Thursday lifted by worries about tight supplies and steady export demand for soya and its products, traders said. July soyabeans ended 31-1/2 cents up, or 2 percent higher at $16.09-1/2.
Published 12 Jul, 2008 12:00am
Soft commodities mixed

Soft commodities mixed

Soft commodity markets were mixed by the close Friday after a rally stoked by the falling dollar and record crude prices stalled, analysts said. Sterling Smith, an analyst for brokers FuturesOne in Chicago, said choppy dealings permeated the market going
Published 12 Jul, 2008 12:00am
New York gold rises

New York gold rises

US gold ended on Thursday with moderate gains, after rallying enough strength from dollar declines and oil gains to break above several resistance levels, trigger automatic sell orders and spark new and short cover buying, traders said.
Published 12 Jul, 2008 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold steadied on Friday, within sight of its highest level in almost three months hit the previous day, as strong oil prices helped the metal resist selling pressure from speculators and jewellers.
Published 12 Jul, 2008 12:00am
European gold hits four-month high

European gold hits four-month high

Gold rallied more than 2 percent to a four-month high on Friday as the dollar slumped against the euro, oil soared to a record high and equity markets floundered on renewed fears over the scope of the credit crisis. Spot gold was at $962.60/963.60 an ounc
Published 12 Jul, 2008 12:00am
US MIDDAY: coffee, cocoa rise

US MIDDAY: coffee, cocoa rise

US coffee and cocoa futures climbed early Friday on the back of soaring crude oil and a down dollar as both markets consolidated after their recent sharp drop. ICE Futures US September arabica was up 1.55 cents at $1.4305 per lb by 9:15 am EDT (1315 GMT),
Published 12 Jul, 2008 12:00am
US MIDDAY: sugar climbs

US MIDDAY: sugar climbs

Raw sugar on ICE Futures US at 1254 GMT. October raw sugar contract climbed 0.17 cent to 13.78 cents per lb. Trading from 13.70 to 13.92 cents.
Published 12 Jul, 2008 12:00am
US MIDDAY: corn weakens

US MIDDAY: corn weakens

July corn was down 7-1/4 cents at $6.68 per bushel, new-crop December was down 6-1/4 at $6.98. Turned down after higher open as crude oil eased from new record high; lack of follow-through buying. Favourable US crop weather adds pressure. Bearish impact f
Published 12 Jul, 2008 12:00am
US MIDDAY: wheat falls

US MIDDAY: wheat falls

July wheat was down 1/2 cent at $8.06 per bushel, September was up 1-1/2 at $8.19-1/2. Choppy; came off early highs as corn turned down and crude oil eased from new record highs. USDA's July supply/demand reports viewed as neutral to bearish for wheat.
Published 12 Jul, 2008 12:00am
US MIDDAY: soyabeans lower

US MIDDAY: soyabeans lower

July soyabean futures were down 6-1/4 cents at $16.03-1/4 per bushel, new-crop November was down 13 at $15.74. Turned lower as crude oil backed down from record high. Favourable US crop weather adds pressure.
Published 12 Jul, 2008 12:00am
US MIDDAY: copper firms

US MIDDAY: copper firms

US copper futures rose in sympathy with wider strength in the metals sector early Friday, with a weaker dollar and record high oil prices boosting the appeal of commodities as an asset class, traders said.
Published 12 Jul, 2008 12:00am
US MIDDAY: gold jumps

US MIDDAY: gold jumps

US gold rallied in early Friday business on flight-to-safety buying from a surge to record oil prices, and declines in both the US dollar and equity markets, traders said. August futures jumped $18.0 or 1.91 percent to $960 an ounce on the Comex division
Published 12 Jul, 2008 12:00am
Punjab government upgrades Jallo Park

Punjab government upgrades Jallo Park

The Punjab government is taking several steps to upgrade the 456 acre Jallo Park run by the Forest Department. In the first phase of the project, land has been evacuated and FIRs registered against violators and encroaches. Additionally, the beautificatio
Published 12 Jul, 2008 12:00am
Vertical expansion in sugarcane research facilities stressed

Vertical expansion in sugarcane research facilities stressed

The Pakistan Sugar Mills Association (PSMA), Punjab Zone president Muhammad Ashfaque here on Friday said that sugar and sugarcane prices issue could be overcome by linking the system of sugarcane and sugar on the pattern on which the rest of the world is
Published 12 Jul, 2008 12:00am
LHC declares seat of SMO in hospital as vacant

LHC declares seat of SMO in hospital as vacant

The Lahore High Court (LHC) has declared the seat of Senior Medical Officer (SMO) in Allied Hospital Faisalabad as vacant and said that officials should never accept any foreign or political influence in promoting and appointing civil servants.
Published 12 Jul, 2008 12:00am
'Skilled manpower to get employment in South Korea'

'Skilled manpower to get employment in South Korea'

Minister for Labour, Manpower and Overseas Pakistani Syed Khurshid Ahmed Shah on Friday said the government is making efforts to send skilled manpower abroad for employment. Talking to Korean Ambassador Shin Un, who called on him here, the minister said o
Published 12 Jul, 2008 12:00am
Labour leaders blast government policy

Labour leaders blast government policy

Labour leaders blasted the coalition government's policy on labour issues and demanded the holding of a national Labour convention in Islamabad at a meeting. The labour leaders called for a meeting of labour leaders from all four provinces to finalise the
Published 12 Jul, 2008 12:00am
ACCA's Teach Excel event from July 16

ACCA's Teach Excel event from July 16

Association of Chartered Certified Accountants (ACCA) is organising a "teach the trainer" - Teach Excel event at the Lahore University of Management Sciences (LUMS) on July 16 and 17.
Published 12 Jul, 2008 12:00am
Lahore Chamber Achievement Awards on July 14

Lahore Chamber Achievement Awards on July 14

The Lahore Chamber Achievement Award-2008 function will be held on July 14 since all arrangements for this business gathering has been finalised. The award has attracted the international media and all top personalities of the country and business tycoons
Published 12 Jul, 2008 12:00am
LUMHS establishes Nutritional Rehabilitation Unit

LUMHS establishes Nutritional Rehabilitation Unit

The management of Liaquat University of Medical and Health Sciences (LUMHS) Jamshoro, in collaboration with Sindh Doctors Association, has established a special unit of Nutritional Rehabilitation in its Pediatric Department. The cell will be focussed at m
Published 12 Jul, 2008 12:00am
CNG prices

CNG prices

Where is the writ of the government? If its ministry of the petroleum and natural resources cannot fix gas prices correctly when what else we can expect? Even after the recent fixing of the CNG prices they cannot make sure their proper implementation. In
Published 12 Jul, 2008 12:00am
'Still not too late'

'Still not too late'

The FATA military operation is all hype and no substance. Just 15 to 20 buildings have been blown up but not a single militant Taliban or their leader has been killed or captured. The reason is that they melted before the Army stepped in. It was a noora k
Published 12 Jul, 2008 12:00am
'Made in China' proves false economy for some

'Made in China' proves false economy for some

Wafts of golden fluff whirl in the air as Irene Basan wedges a bundle of material onto a spike and gently turns it inside-out, right ear, left ear, then a snout, to reveal a Steiff teddy bear head. She has been hand-making Steiff toys for 18 years in Gien
Published 12 Jul, 2008 12:00am
In Vietnam, war veterans follow McCain's White House bid

In Vietnam, war veterans follow McCain's White House bid

Four decades ago a young Vietnamese army sergeant, Nguyen Van Dai, launched the surface-to-air missile that downed John McCain's bomber jet from the skies above Hanoi. The SAM blew off the right wing of the A-4 Skyhawk and sent the wounded McCain parachut
Published 12 Jul, 2008 12:00am
Management and social sciences: truth behind research publications - I

Management and social sciences: truth behind research publications - I

To achieve the objective of sustainable development through a silent revolution the Higher Education Commission of Pakistan (HEC) had implemented a knowledge-based economic growth model. Several attractive targets, noble causes and desirable objectives we
Published 12 Jul, 2008 12:00am
D-8 summit

D-8 summit

The leaders of the eight developing Muslim nations, the D-8 - comprising the most populous countries of Indonesia, Malaysia, Bangladesh, Pakistan, Iran, Turkey, Egypt and Nigeria - concluded their summit in the Malaysian capital Kuala Lumpur last Tuesday,
Published 12 Jul, 2008 12:00am
Falling markets

Falling markets

Market regulators are now involved in fire fighting to protect the economy from a sudden melt-down. The Sate Bank of Pakistan has taken administrative action to reverse the steep fall of Pak rupee. The Securities and Exchange Commission of Pakistan, had l
Published 12 Jul, 2008 12:00am
SBP clarification

SBP clarification

Apropos a news item "SBP policies set to push 50pc population below poverty line", carried by Business Recorder on July 9, the State Bank of Pakistan has clarified that the recent monetary policy measures announced by the State Bank were designed t
Published 12 Jul, 2008 12:00am
Pakistan should claim war on terror damages from US: Hamdard Shura

Pakistan should claim war on terror damages from US: Hamdard Shura

'Pakistan should press Afghanistan government to withdraw its refugees from Pakistan stop opium cultivation and deploy US army present in their country on Pak-Afghan border to check terrorists' infiltration instead of blaming Pakistan'.
Published 12 Jul, 2008 12:00am
278 incidents of violence against women in three months

278 incidents of violence against women in three months

A total of 278 incidents of violence against women have been reported during the last three months, revealed a report launched by the Aurat Foundation under it's Policy and Data Monitor on violence against women project on Friday.
Published 12 Jul, 2008 12:00am
Soneri Bank declares PLS profit rates

Soneri Bank declares PLS profit rates

Soneri Bank Limited has declared the rates of profit on PLS deposits for the period of six months ended 30th June 2008.

Published 12 Jul, 2008 12:00am
Soneri Bank declares PLS profit rates

Soneri Bank declares PLS profit rates

Soneri Bank Limited has declared the rates of profit on PLS deposits for the period of six months ended 30th June 2008.

Published 12 Jul, 2008 12:00am
US envoy presents PDHS 2006-2007 report to Prime Minister

US envoy presents PDHS 2006-2007 report to Prime Minister

US Ambassador Anne Patterson and the National Institute for Population Studies on Friday presented the findings of the 2006-2007 Pakistan Demographic and Health Survey (PDHS) to Prime Minister Syed Yousuf Raza Gilani as part of the Government of Pakistan
Published 12 Jul, 2008 12:00am
MBL joins IFC Global Trade Finance Programme

MBL joins IFC Global Trade Finance Programme

Meezan Bank Limited (MBL) has become the first Islamic bank in the country to join the IFC Global Trade Finance Programme. IFC, a member of the World Bank Group, announced that Meezan Bank Limited (MBL), the largest Islamic bank in Pakistan, has become th
Published 12 Jul, 2008 12:00am
PSO announces growth in product supplies

PSO announces growth in product supplies

Pakistan State Oil (PSO), the largest oil marketing company in Pakistan with the country wide network of 3,600 outlets has significantly improved its supplies of Diesel and mogas during Financial Year 2008.
Published 12 Jul, 2008 12:00am
'AJK opposition to table no-confidence move against Prime Minister'

'AJK opposition to table no-confidence move against Prime Minister'

The Opposition in Azad Jammu Kashmir Assembly along with 16 members of ruling Muslim Conference will table no-confidence move against Prime Minister Ateeq for in-house change in AJK Assembly, said Sultan Mehmood, President of People's Muslim League (PML)
Published 12 Jul, 2008 12:00am
20 progressive slabs for salaried persons issued

20 progressive slabs for salaried persons issued

The Federal Board of Revenue (FBR) has issued 20 new taxable slabs, ranging between zero and 20 percent, for calculation of income tax by salaried individuals. The progressive income slabs would be applicable on salary paid from July 1.
Published 12 Jul, 2008 12:00am
Quake jolts Islamabad and Peshawar

Quake jolts Islamabad and Peshawar

Mild earthquake measuring 5.2 on the Richter Scale jolted north-western Pakistan on Friday but there were no reports of casualties or damages, an official said. Tremors were felt in Peshawar and Islamabad at 8:04 am (0204 GMT), a seismological department
Published 12 Jul, 2008 12:00am
Reconstruction of Jamia Hafsa, Faridia demanded

Reconstruction of Jamia Hafsa, Faridia demanded

Charged students of demolished Jamia Hafsa and Jamia Faridia have demanded of the government to reconstruct their seminaries at their original site and release Maulana Abdul Aziz, former Khateeb of Lal Masjid.
Published 12 Jul, 2008 12:00am
Haj policy on July 17

Haj policy on July 17

Ministry of Religious Affairs will announce Haj policy for the year 2008-09 on July 17, official in the ministry said. The official said that three-member bench of Supreme Court headed by Chief Justice Abdul Hamid Dogar will hear the case of grant of quot
Published 12 Jul, 2008 12:00am
French envoy pays farewell call on Musharraf

French envoy pays farewell call on Musharraf

Outgoing French Ambassador Regis de Belenet called on President Pervez Musharraf on Friday and thanked him for his co-operation to strengthen relations between Pakistan and France. President Musharraf appreciated the strong bilateral relations with the br
Published 12 Jul, 2008 12:00am
PTI protests against price hike

PTI protests against price hike

PTI youth wing on Friday protested outside the Lahore Press Club against the price hike. They were chanting slogans against PPP Co-Chairman Asif Ali Zardari and President Pervez Musharraf.
Published 12 Jul, 2008 12:00am
Saudi envoy calls on Qamar

Saudi envoy calls on Qamar

Pakistan's planned investment conferences at Jeddah and Riyadh to interact with Saudi investors are at advanced stage. The conferences will enable and apprise the investors regarding privatisation and investment opportunities in Pakistan and will help in
Published 12 Jul, 2008 12:00am
NSS become a preferred investment zone

NSS become a preferred investment zone

Hidden charges attached with various products offered by commercial banks, lack of trust in some of commercial banks after privatisation and discouraging attitude of the banks towards small investors made the National Saving Schemes (NSS) a preferred inve
Published 12 Jul, 2008 12:00am
Lahore District Government budget on July 22

Lahore District Government budget on July 22

Lahore District Nazim Mian Amir Mahmood has said a tax-free budget of the District Government will be revealed on July 22 in the next session of the District Council. He was talking to a delegation of nazims from different union councils on Friday said th
Published 12 Jul, 2008 12:00am
The Weather

The Weather

The weather report on Friday (July 11, 2008) and the forecast for Saturday (July 12, 2008).
Published 12 Jul, 2008 12:00am
Textile troubles do not bode well for the economy

Textile troubles do not bode well for the economy

Not withstanding APTMA's decision to defer it's protest plans until further developments, the announcement of industrialists and exporters in Faisalabad to begin an indefinite strike from Friday bodes ill for the Pakistani economy and particularly the tex
Published 12 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 12 Jul, 2008 12:00am
Qualification of four women MNAs challenged

Qualification of four women MNAs challenged

The qualification of four women MNAs who were elected on reserved seats from Punjab have been challenged in the Lahore High Court. The MNAs included Nuzhat Sadiq and Sabeen Rizvi of PML-N while Sabeen Rizvi and Shireen Arshad of PPP.
Published 12 Jul, 2008 12:00am
PSIC chairman's appointment criticised

PSIC chairman's appointment criticised

Sheikhupura Chamber of Commerce and Industry President Mian Muhammad Yousaf has criticised Yawar Irfan's appointment as Punjab Small Industries Corporation (PSIC) Chairman, demanding that the Punjab chief minister to cancel his appointment.
Published 12 Jul, 2008 12:00am
Overall condition of standing crops good: agriculture experts

Overall condition of standing crops good: agriculture experts

Due to availability of adequate irrigation water and conducive weather conditions, the overall condition of standing crops in Punjab is good. Director General, Agriculture Extension Services Punjab Dr Anjam Ali, in a mid-July review of cotton, sugarcane a
Published 12 Jul, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 12 Jul, 2008 12:00am
Industrialists urged to sell goods on minimum profit

Industrialists urged to sell goods on minimum profit

Consumers Association of Pakistan (CAP) Chairman Kaukab Iqbal has said that consumers are suffering from ever increasing prices and to provide relief to them it has become mandatory that industrialist must sell their goods with bear minimum profit.
Published 12 Jul, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (July 11, 2008) and for Saturday (July 12, 2008).
Published 12 Jul, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (July 11, 2008).

Published 12 Jul, 2008 12:00am
Hindu trader's abduction: shutter down observed in Bolan

Hindu trader's abduction: shutter down observed in Bolan

Complete shutter down was observed in Dhadar, district headquarters of Bolan against abduction of Hindu trader on Friday. The strike was observed on the call of local traders union and remained peaceful as a result of effective security arrangements on th
Published 12 Jul, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (July 11, 2008).

Published 12 Jul, 2008 12:00am
Hub police arrest woman with hand grenade, pistol

Hub police arrest woman with hand grenade, pistol

Hub police on Friday arrested a woman, and recovered from her a hand grenade, a 32 calibre pistol along with its three magazines, and scores of rounds during routine checking on Qaa police check-post. Police sources informed APP that the arrested woman wa
Published 12 Jul, 2008 12:00am
Karachi atomic powerhouse starts supplying 80 megawatts electricity

Karachi atomic powerhouse starts supplying 80 megawatts electricity

Karachi atomic powerhouse has commenced providing 80 MW electricity to Karachi Electric Supply Corporation (KESC) after two months' suspension. KESC spokesman told a private television channel that the transmission line of KESC got tripped two months ago
Published 12 Jul, 2008 12:00am
Effective implementation of Wipo development agenda assured

Effective implementation of Wipo development agenda assured

Francis Gurry, nominated by the Co-ordination Committee of the World Intellectual Property Organisation (Wipo) to become the next Director General of Wipo, has emphasised his commitment to the effective implementation of the Wipo Development Agenda.
Published 12 Jul, 2008 12:00am
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