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Print - 2008-09-06
Sindh Assembly outraged at attack by ISAF in South Waziristan

Sindh Assembly outraged at attack by ISAF in South Waziristan

Condemning the first known ground assault into Pakistani tribal areas by the US-led coalition forces in Afghanistan as "unacceptable attack on Pakistan's sovereignty and territorial integrity", Sindh Assembly on Friday unanimously recommended "all out mea
Published 06 Sep, 2008 12:00am
Zardari saved federation from crisis: Neelam

Zardari saved federation from crisis: Neelam

Punjab Population Welfare Minister Neelam Jabbar Chaudhry has said that after the assassination of Benazir Bhutto, PPP Co-chairman Asif Ali Zardari saved the country from crisis and it was due to his wisdom that the country was put on the road to democrac
Published 06 Sep, 2008 12:00am
Ramazan package: 121 flour sale points set up in Rahimyar Khan

Ramazan package: 121 flour sale points set up in Rahimyar Khan

Wheat flour is being provided in the district at subsidised rate of Rs 300 per 20 kilogram bag by the Food Department under the Ramazan package of the Punjab Government, said DCO Dr Raheel Siddiqui. Talking to newsmen here on Friday, he said that 121 sale
Published 06 Sep, 2008 12:00am
Police Inspector booked for extortion

Police Inspector booked for extortion

The Anti-Corruption Establishment (ACE) Punjab has booked Inspector Punjab Police, Ahmad Ali Goraya for extorting million of rupees fraudulently from innocent citizens, misusing power and obtaining remand of an accused for further investigation.
Published 06 Sep, 2008 12:00am
Punjab Assembly all set to hold presidential election

Punjab Assembly all set to hold presidential election

With permission given by the House to Punjab Law Minister Rana Sanaullah on a motion to hold presidential election on Friday, the Punjab Assembly is all set to hold the presidential elections in which 370 legislators would their votes on Saturday.
Published 06 Sep, 2008 12:00am
PHSADC officials tender resignations

PHSADC officials tender resignations

Two top officials of Pakistan Hunting and Sporting Arms Development Company (PHSADC) have tendered their resignations during the meeting of its Board of Directors, sources told Business Recorder. The Board sought resignations from the Chief Operati
Published 06 Sep, 2008 12:00am
Senate calls for reviewing external, internal policies

Senate calls for reviewing external, internal policies

The Senate on Friday called for reviewing external and internal policies to assert extremism and terrorism in tribal areas of NWFP and Fata. Initiating the debate, Professor Khursheed Ahmad said that Musharraf signed many secret pacts with US administrati
Published 06 Sep, 2008 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The criticism and walkouts have been increasing against the present government, with every passing day parliamentarians scolding it for not delivering. The government is there but not the governance that could have solved the problems of the masses.
Published 06 Sep, 2008 12:00am
APDM senators to support Siddiqui

APDM senators to support Siddiqui

Senators of All Parties Democratic Movement (APDM) have said they will support PML (N) candidate Saeed uz Zaman Siddiqui in presidential election being held on Saturday (today).
Published 06 Sep, 2008 12:00am
Nation will not accept Zardari as president: Imran

Nation will not accept Zardari as president: Imran

Chairman Pakistan Tehrik-e-Insaf (PTI), Imran Khan has said that the nation will not accept Asif Ali Zardari as president, who has been blamed for corruption of "Rs 100 billion". Addressing a rally here on Friday he said that his party would continue supp
Published 06 Sep, 2008 12:00am
Joint session of parliament to elect new president today

Joint session of parliament to elect new president today

The National Assembly on Friday was prorogued and, at the same time, the presiding officer (Deputy Speaker) read out an order of the acting President of Pakistan for convening the joint session of the Parliament on Saturday (September 6) for holding the P
Published 06 Sep, 2008 12:00am
Arrangements for presidential polls reviewed

Arrangements for presidential polls reviewed

Provincial Election Commissioner Sono Khan Baloch on Friday visited the Provincial Assembly Building and reviewed arrangements for Presidential Election scheduled to be held on Saturday. Secretary Assembly Muhammad Khan Mengal, Registrar Balochistan High
Published 06 Sep, 2008 12:00am
Prices of POL products will not be reduced, National Assembly told

Prices of POL products will not be reduced, National Assembly told

Prices of the petroleum products will not be reduced as the government is already paying Rs 1 billion as subsidy per day on their purchase, said Muhammad Ajaz Virk, Parliamentary Secretary for Petroleum and Natural Resources while responding to a question
Published 06 Sep, 2008 12:00am
Tremors jolt NWFP, AJK and Punjab

Tremors jolt NWFP, AJK and Punjab

A moderate earthquake measuring 5.3 on the Richter Scale shook most parts of NWFP, Azad Kashmir and Punjab on Friday but there was no immediate report of casualties or damage, head of the seismological department said. The earthquake's epicentre was locat
Published 06 Sep, 2008 12:00am
Four-week gemstones faceting workshop commences

Four-week gemstones faceting workshop commences

A gemstone facet training workshop has been started in Abbottabad to train people from the gems and jewellery industry. Pakistan Gems and Jewellery Development Company (PGJDC) is organising this four-week workshop. A science graduate and an expert in lapi
Published 06 Sep, 2008 12:00am
PCPA delegation meets Agriculture secretary

PCPA delegation meets Agriculture secretary

A delegation of newly elected body of Pakistan Crop Protection Association (PCPA) have met with the agriculture secretary, Malik Javed Awan here on Friday. Chairman PCPA Engr. Javes Salim Qureshi told Business Recorder that the body has discussed a
Published 06 Sep, 2008 12:00am
The Weather

The Weather

The weather report on Friday (September 05, 2008) and the forecast for Saturday (September 06, 2008).

Published 06 Sep, 2008 12:00am
US attack in South Waziristan condemned

US attack in South Waziristan condemned

PML-N leaders Tehmina Daultana, Memona Hashmi, Mehmood-ul-Hassan, Shahid Mehmood Khan, Amer Saeed Ansari, Abdul Waheed Arain, PPP leaders Khalid Hanif Lodhi, Khurshid Ahmed Khan, Rizwan Alam, and Aamer Dogar on Friday condemned the ground assault by US co
Published 06 Sep, 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 06 Sep, 2008 12:00am
Pak-UAE bilateral relations progressing steadily: ICCI

Pak-UAE bilateral relations progressing steadily: ICCI

Pakistan was the first country to accord formal recognition to UAE on its achieving independence while bilateral relations and mutually beneficial co-operation, have progressed steadily ever since. This was stated by Muhammad Ijaz Abbasi, President of Isl
Published 06 Sep, 2008 12:00am
Qureshi invites Afghan foreign minister

Qureshi invites Afghan foreign minister

Foreign Minister Makhdoom Shah Mahmood Qureshi has invited Foreign Minister of Afghanistan, Dr Rangin Dadfar Spanta to visit Pakistan at an early date. The invitation was conveyed through a letter, according to a press statement issued by the Ministry of
Published 06 Sep, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 05, 2008).

Published 06 Sep, 2008 12:00am
'Pakistan to maintain minimum deterrence for regional peace'

'Pakistan to maintain minimum deterrence for regional peace'

Prime Minister, Syed Yousuf Raza Gilani on Friday has said Pakistan is a peace loving country, which believes in maintaining minimum credible deterrence for ensuring durable peace and stability in the region.
Published 06 Sep, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 05, 2008).

Published 06 Sep, 2008 12:00am
Wales gifts fire engine

Wales gifts fire engine

Wales Fire Services has gifted state-of-the-art fire engine which will be transported next week to Pakistan for use by the Karachi Fire Services. A presentation ceremony in this regard was held at the Pakistan High Commission here on Friday where High Com
Published 06 Sep, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (September 05, 2008).

Published 06 Sep, 2008 12:00am
HMC reverted to Industries Ministry

HMC reverted to Industries Ministry

The Ministry of Industries and Production has succeeded in getting the Economic Co-ordination Committee (ECC) to reverse a decision taken by the caretaker government to allow the Strategic Plans Division (SPD) to handle the affairs of Heavy Mechanical Com
Published 06 Sep, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (September 05, 2008) and for Saturday (September 06, 2008).
Published 06 Sep, 2008 12:00am
Air Chief calls for efforts to strengthen country against threats

Air Chief calls for efforts to strengthen country against threats

The best way to keep alive and solidify the September '65 spirit is to devote our energies and efforts to strengthen Pakistan against all external and internal threats, said Chief of Air Staff Air Chief Marshal Tanvir M Ahmed in a message on Defence Day.
Published 06 Sep, 2008 12:00am
FBR approaches MoC to figure out revenue impact of FTAs

FBR approaches MoC to figure out revenue impact of FTAs

The Federal Board of Revenue has approached the Ministry of Commerce to figure out the advantages and disadvantages of Free Trade Agreements (FTAs) signed with China, Malaysia and Sri Lanka, ascertaining whether Pakistani exporters have fully gained acces
Published 06 Sep, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (September 05, 2008).

Published 06 Sep, 2008 12:00am
'KPT land leased out to DHA in 2007'

'KPT land leased out to DHA in 2007'

Ministry of Ports and Shipping has informed the Senate on Friday that 881 acres of land of Karachi Port Trust (KPT) was leased out to Defence Housing Authority (DHA) in 2007. The ministry said this in written reply to a question raised by Senator Professo
Published 06 Sep, 2008 12:00am
Munir retires from Ogra today

Munir retires from Ogra today

The founder Chairman of Oil and Gas Regulatory Authority (Ogra), Munir Ahmad has retired after completing his two tenures of eight years on September 6. Ahmad has served the Federal Government in the Ministry of Petroleum and NR in various capacities and
Published 06 Sep, 2008 12:00am
PGJDC organises gemstone faceting training

PGJDC organises gemstone faceting training

Pakistan Gems and Jewellery Development Company (PGJDC) is organising a gemstone faceting training in Abbotabad, said a press release issue here on Friday. Muhammad Afzal Khan is conducting the workshop, which will continue for four weeks.
Published 06 Sep, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 05, 2008).

Published 06 Sep, 2008 12:00am
Rauf stresses need for holding Bachat Bazaars in all cities

Rauf stresses need for holding Bachat Bazaars in all cities

Sindh Minister for Industries and Commerce, M A Rauf Siddiqui has emphasised the need for holding Bachat Bazaars in all cities of the provinces. Inaugurating the 15th Eid Bachat Bazaar of Site Association of Industry (SAI) here on Friday, he observed that
Published 06 Sep, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 05, 2008).

Published 06 Sep, 2008 12:00am
'Urea fertiliser available at government price'

'Urea fertiliser available at government price'

Under the directives of Sindh Chief Minister Syed Qaim Ali Shah, a large quantity of urea fertiliser has been made available for the growers of Hyderabad District at government controlled price. This has been said by DCO Hyderabad Ali Ahmed Lund in his pr
Published 06 Sep, 2008 12:00am
Financial constraints: fishermen reluctant to move to Korangi harbour

Financial constraints: fishermen reluctant to move to Korangi harbour

The federal government's move to make the Korangi fish harbour fully operational has received a serious setback because fishermen and boat owners have refused to shift their boats on a permanent basis to Korangi, sources in fisheries department said on Fr
Published 06 Sep, 2008 12:00am
Pacra removes Worldcall from Rating Watch

Pacra removes Worldcall from Rating Watch

The Pakistan Credit Rating Agency (Pacra) has removed the entity and TFC ratings of Worldcall Telecom Limited (WTL) from the Rating Watch. Pacra reaffirms the long-term and short-term ratings of "A+" (Single A Plus) and "A1" (A One) for the entity and "AA
Published 06 Sep, 2008 12:00am
THE RUPEE: dollar 35 paisa cheaper on interbank market

THE RUPEE: dollar 35 paisa cheaper on interbank market

The rupee maintained its overnight firmness against dollar in the interbank market on Friday, rising by 35 paisa for buying and selling at 76.55 and 76.60 in process of trading, dealers said. Expectations for inflows in huge amount of foreign exchange sen
Published 06 Sep, 2008 12:00am
Pacra removes Worldcall from Rating Watch

Pacra removes Worldcall from Rating Watch

The Pakistan Credit Rating Agency (Pacra) has removed the entity and TFC ratings of Worldcall Telecom Limited (WTL) from the Rating Watch. Pacra reaffirms the long-term and short-term ratings of "A+" (Single A Plus) and "A1" (A One) for the entity and "AA
Published 06 Sep, 2008 12:00am
THE RUPEE: dollar 35 paisa cheaper on interbank market

THE RUPEE: dollar 35 paisa cheaper on interbank market

The rupee maintained its overnight firmness against dollar in the interbank market on Friday, rising by 35 paisa for buying and selling at 76.55 and 76.60 in process of trading, dealers said. Expectations for inflows in huge amount of foreign exchange sen
Published 06 Sep, 2008 12:00am
Foreign portfolio investment outflow continues

Foreign portfolio investment outflow continues

The outflow of foreign portfolio investment from the country's equity market continued as the offshore investors withdrew another $3.305 million during the week ended on September 5, 2008.
Published 06 Sep, 2008 12:00am
Shahbaz vows to punish profiteers

Shahbaz vows to punish profiteers

Punjab Chief Minister Mian Muhammad Shahbaz Sharif has said that easy availability of essential items at reasonable rates is being ensured to the masses during Ramzan-ul-Mubarak and the elements involved in profiteering and smuggling will be awarded stric
Published 06 Sep, 2008 12:00am
UN chief calls for avoiding civilian casualties

UN chief calls for avoiding civilian casualties

UN Secretary-General Ban Ki-moon has called for avoiding civilian casualties while declining comments on this week's US attack on a Pakistani border village in which innocent lives were lost.
Published 06 Sep, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (September 05, 2008).

Published 06 Sep, 2008 12:00am
34 PML-Q forward bloc MPAs to support Siddiqui

34 PML-Q forward bloc MPAs to support Siddiqui

A meeting of the parliamentary party of Pakistan Muslim League-Nawaz and its allies, held here on Friday, expressed full confidence in the leadership of PML-N and announced full support to the PML-N nominee in the presidential election scheduled for Satur
Published 06 Sep, 2008 12:00am
Fata and PML-Q parliamentarians to support Zardari

Fata and PML-Q parliamentarians to support Zardari

Parliamentarians from Fata and more than 20 lawmakers from the PML-Q announced on Friday they would support the PPP candidate Asif Ali Zardari in presidential election being held today (Saturday) in parliament and the four provincial assemblies. Fata MNAs
Published 06 Sep, 2008 12:00am
Husband and father-in-law held for forcing girl to work as prostitute

Husband and father-in-law held for forcing girl to work as prostitute

Investigation police Iqbal Town Division have recovered a girl, who was being forced to work as a prostitute by her husband and father-in-law. The police arrested her husband and father-in-law. As per details, three months back a girl (B) contracted love
Published 06 Sep, 2008 12:00am
CDA likely to cancel plot allotted to ITP

CDA likely to cancel plot allotted to ITP

The Capital Development Authority (CDA) is likely to cancel the 4.2 acres plot allotted to Islamabad Traffic Police (ITP) at Faizabad for construction of office complex, for which the CDA has demanded 92 million as cost of land.
Published 06 Sep, 2008 12:00am
Security tightened in Islamabad

Security tightened in Islamabad

SSP Islamabad Captain Ahmad Latif (Retd) has directed all the Sub-Divisional Police Officers (SDPOs) and Station House Officers (SHOs) to further tighten security and ensure comprehensive foolproof arrangements during the month of Ramazan. He said that mo
Published 06 Sep, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Sep, 2008 12:00am
President has to be non-partisan: analysts

President has to be non-partisan: analysts

Articles 41 and 42 of the Constitution say: "There shall be a President of Pakistan who shall be the Head of State and shall represent the unity of the Republic. The President shall not hold any office of profit in the service of Pakistan or occupy any ot
Published 06 Sep, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (September 05, 2008).

Published 06 Sep, 2008 12:00am
PML-N not to destabilise PPP government in centre: Nawaz

PML-N not to destabilise PPP government in centre: Nawaz

Pakistan Muslim League-N (PML-N) Quaid Mian Nawaz Sharif said Friday that his party would not become a part of any move to destabilise the Pakistan People's Party's government in the center. Addressing the PML-N Central Parliamentary Party meeting here at
Published 06 Sep, 2008 12:00am
Zardari to win with overwhelming majority: Amin

Zardari to win with overwhelming majority: Amin

Senior leader of Pakistan Peoples Party (PPP) Makhdoom Amin Fahim has said that PPP has a clear majority in the presidential election and co-chairman Asif Ali Zardari will be the new President of the country with overwhelming majority.
Published 06 Sep, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 06 Sep, 2008 12:00am
LHC restrains police not to harass petitioner

LHC restrains police not to harass petitioner

The Lahore High Court (LHC) has restrained Samanabad Police from harassing the petitioner Esha Khan and his family members and ordered to remain in its legal limits. Petitioners Esha Khan and Nadeem Akhter submitted that they are sui juris and contracted
Published 06 Sep, 2008 12:00am
LHC declares Punjab government orders illegal

LHC declares Punjab government orders illegal

The Lahore High Court (LHC) has declared illegal the orders of Punjab Government blacklisting the petitioner company Khalid Rauf & Co. Petitioner-company contended that it had more than twenty years experience in the field of construction and had done meg
Published 06 Sep, 2008 12:00am
Shahbaz lays foundation stone of Madar-e-Millat Road

Shahbaz lays foundation stone of Madar-e-Millat Road

Developmental activities worth billions of rupees have been initiated in the provincial metropolis and other areas of the province and the people will soon witness a positive change. Punjab Chief Minister Mian Muhammad Shahbaz Sharif said this while addre
Published 06 Sep, 2008 12:00am
War on terrorism: Jamaat-i-Islami demands change in policy

War on terrorism: Jamaat-i-Islami demands change in policy

Ameer Jamaat-i-Islami (JI) (NWFP) Siraj-ul-Haq addressing a press conference here on Friday said that if Pakistan Peoples Party (PPP) led coalition government did not change the policy of so called war on terrorism then their government would not last for
Published 06 Sep, 2008 12:00am
LHC orders auction of flower shops

LHC orders auction of flower shops

The Lahore High Court has ordered auction of six disputed flower shops of Miani Sahib Graveyard outside Janazgar mosque within 15 days in a petition filed by the previous tenants of these shops. The LHC ordered that the auction would be for three years an
Published 06 Sep, 2008 12:00am
IHC dismisses pleas against presidential candidates

IHC dismisses pleas against presidential candidates

The Islamabad High Court here on Friday dismissed two writ petitions, challenging eligibility of presidential candidates and seeking stay over the process, and observed that both petitioners had no locus standi to raise objections.
Published 06 Sep, 2008 12:00am
Government considering replacing NAB with new accountability mechanism

Government considering replacing NAB with new accountability mechanism

The government plans to gradually dissolve the National Accountability Bureau (NAB) to put in place a substitute accountability mechanism through normal court in the country. The budget of this accountability organisation was cut by 30 per cent in July af
Published 06 Sep, 2008 12:00am
'Dogar is not constitutional Chief Justice'

'Dogar is not constitutional Chief Justice'

A senior lawyer in an open letter written to Federal Law Minister has claimed that Justice Abdul Hameed Dogar is not the constitutional Chief Justice of Pakistan as his appointment was made through an order passed by the then Chief of Army Staff who has n
Published 06 Sep, 2008 12:00am
OECD reports weak economic indicators for G7

OECD reports weak economic indicators for G7

Fresh indicators from the Organisation for Economic Co-operation and Development Friday pointed to a weakening of the economic outlook for the G7 group of industrialised countries but a boost for some big emerging economies. "OECD composite leading indica
Published 06 Sep, 2008 12:00am
Pakistan reserves right to retaliate in future: General Tariq

Pakistan reserves right to retaliate in future: General Tariq

German Defence Minister Franz Josef Jung on Thursday called on the Chairman of Joint Chiefs of Staff Committee (CJCSC), General Tariq Majid, at the Joint Staff Headquarters, in Rawalpindi. He exchanged views with JCSC Chairman focusing on bilateral ties a
Published 06 Sep, 2008 12:00am
Defence Day today

Defence Day today

The nation will observe Defence of Pakistan Day on Saturday with a renewed pledge to render any type of sacrifice to defend the geographical and ideological frontiers of the country. This year, the Day has special significance as on this auspicious occasi
Published 06 Sep, 2008 12:00am
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