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Print - 2008-10-20
Imran urges people to bring back foreign banks deposits

Imran urges people to bring back foreign banks deposits

Chairman Pakistan Tehreek-i-Insaf (PTI) Imran Khan has urged all nationals maintaining deposits in foreign banks to bring back the money to the country for stabilising national economy. In a statement issued here, the PTI chief said the rulers, politician
Published 20 Oct, 2008 12:00am
SBP asks banks for helping hand to stock investors

SBP asks banks for helping hand to stock investors

The State Bank of Pakistan has asked the banks to lend a helping hand to stock market borrowers, as it would amount to helping themselves and addressing a systemic risk to the banking system. Addressing the chief executives of commercial banks in Karachi
Published 20 Oct, 2008 12:00am
SBP asks banks for helping hand to stock investors

SBP asks banks for helping hand to stock investors

The State Bank of Pakistan has asked the banks to lend a helping hand to stock market borrowers, as it would amount to helping themselves and addressing a systemic risk to the banking system. Addressing the chief executives of commercial banks in Karachi
Published 20 Oct, 2008 12:00am
SBP asks banks for helping hand to stock investors

SBP asks banks for helping hand to stock investors

The State Bank of Pakistan has asked the banks to lend a helping hand to stock market borrowers, as it would amount to helping themselves and addressing a systemic risk to the banking system. Addressing the chief executives of commercial banks in Karachi
Published 20 Oct, 2008 12:00am
Power crisis: Gilani calls emergency meeting today

Power crisis: Gilani calls emergency meeting today

Prime Minister Syed Yousuf Raza Gilani has taken serious notice of power shortage and subsequent load-shedding and called an emergency meeting on Monday to review the situation. The prime minister would be briefed on the current power situation. The prime
Published 20 Oct, 2008 12:00am
Power crisis: Gilani calls emergency meeting today

Power crisis: Gilani calls emergency meeting today

Prime Minister Syed Yousuf Raza Gilani has taken serious notice of power shortage and subsequent load-shedding and called an emergency meeting on Monday to review the situation. The prime minister would be briefed on the current power situation. The prime
Published 20 Oct, 2008 12:00am
Power crisis: Gilani calls emergency meeting today

Power crisis: Gilani calls emergency meeting today

Prime Minister Syed Yousuf Raza Gilani has taken serious notice of power shortage and subsequent load-shedding and called an emergency meeting on Monday to review the situation. The prime minister would be briefed on the current power situation. The prime
Published 20 Oct, 2008 12:00am
Nine Chinese oil workers kidnapped in Sudan

Nine Chinese oil workers kidnapped in Sudan

Kidnappers have snatched nine Chinese oil workers in central Sudan, the third such incident over the past year in the oil-producing region, the Sudanese government and diplomats said Sunday.
Published 20 Oct, 2008 12:00am
Nine Chinese oil workers kidnapped in Sudan

Nine Chinese oil workers kidnapped in Sudan

Kidnappers have snatched nine Chinese oil workers in central Sudan, the third such incident over the past year in the oil-producing region, the Sudanese government and diplomats said Sunday.
Published 20 Oct, 2008 12:00am
BoI chief gets status of state minister

BoI chief gets status of state minister

Newly appointed Chairman Board of Investment (BoI) Saleem U. Mandviwalla has been granted the status of minister of state, said a notification issued here on Sunday. Prime Minister approved the status of minister of state to the BoI chairman with immediat
Published 20 Oct, 2008 12:00am
BoI chief gets status of state minister

BoI chief gets status of state minister

Newly appointed Chairman Board of Investment (BoI) Saleem U. Mandviwalla has been granted the status of minister of state, said a notification issued here on Sunday. Prime Minister approved the status of minister of state to the BoI chairman with immediat
Published 20 Oct, 2008 12:00am
BoI chief gets status of state minister

BoI chief gets status of state minister

Newly appointed Chairman Board of Investment (BoI) Saleem U. Mandviwalla has been granted the status of minister of state, said a notification issued here on Sunday. Prime Minister approved the status of minister of state to the BoI chairman with immediat
Published 20 Oct, 2008 12:00am
France probing Sarkozy bank theft

France probing Sarkozy bank theft

The French government has launched a probe into withdrawals by thieves from President Nicolas Sarkozy's personal bank account, said a senior official Sunday. v"An inquiry is underway, the President of the Republic has filed a complaint," government spokes
Published 20 Oct, 2008 12:00am
France probing Sarkozy bank theft

France probing Sarkozy bank theft

The French government has launched a probe into withdrawals by thieves from President Nicolas Sarkozy's personal bank account, said a senior official Sunday. v"An inquiry is underway, the President of the Republic has filed a complaint," government spokes
Published 20 Oct, 2008 12:00am
France probing Sarkozy bank theft

France probing Sarkozy bank theft

The French government has launched a probe into withdrawals by thieves from President Nicolas Sarkozy''s personal bank account, said a senior official Sunday. v"An inquiry is underway, the President of the Republic has filed a complaint," government spoke
Published 20 Oct, 2008 12:00am
40 militants killed in Swat

40 militants killed in Swat

Forces killed about 40 Taliban militants on Sunday, security officials said, as the top US diplomat for South Asia visited the volatile country for talks. US Assistant Secretary of State Richard Boucher met officials after a series of US missile strikes i
Published 20 Oct, 2008 12:00am
40 militants killed in Swat

40 militants killed in Swat

Forces killed about 40 Taliban militants on Sunday, security officials said, as the top US diplomat for South Asia visited the volatile country for talks. US Assistant Secretary of State Richard Boucher met officials after a series of US missile strikes i
Published 20 Oct, 2008 12:00am
THE RUPEE: sharp erosion in value

THE RUPEE: sharp erosion in value

The rupee tumbled against the dollar in both open and interbank market during the week, ended on October 18, 2008 amid tight supply of the greenback. In the meantime, a very thin number of experts and economists were of the view that the rupee might be ab
Published 20 Oct, 2008 12:00am
THE RUPEE: sharp erosion in value

THE RUPEE: sharp erosion in value

The rupee tumbled against the dollar in both open and interbank market during the week, ended on October 18, 2008 amid tight supply of the greenback. In the meantime, a very thin number of experts and economists were of the view that the rupee might be ab
Published 20 Oct, 2008 12:00am
South Korea joins global rescue, crisis summit planned

South Korea joins global rescue, crisis summit planned

South Korea joined efforts on Sunday to shore up banks and markets pummelled by the biggest economic crisis since the Great Depression which world leaders said called for a co-ordinated global response. Authorities in Seoul pledged $130 billion in state g
Published 20 Oct, 2008 12:00am
South Korea joins global rescue, crisis summit planned

South Korea joins global rescue, crisis summit planned

South Korea joined efforts on Sunday to shore up banks and markets pummelled by the biggest economic crisis since the Great Depression which world leaders said called for a co-ordinated global response. Authorities in Seoul pledged $130 billion in state g
Published 20 Oct, 2008 12:00am
South Korea joins global rescue, crisis summit planned

South Korea joins global rescue, crisis summit planned

South Korea joined efforts on Sunday to shore up banks and markets pummelled by the biggest economic crisis since the Great Depression which world leaders said called for a co-ordinated global response. Authorities in Seoul pledged $130 billion in state g
Published 20 Oct, 2008 12:00am
Off-market trading: many stocks selling at 17-20 percent lower rates

Off-market trading: many stocks selling at 17-20 percent lower rates

The off-market trading at the local bourses increased substantially, and many stocks were being sold at this counter at 17 to 20 percent less than official prices, it is learnt. The floor mechanism rule forced the weak investors to sell out their holdings
Published 20 Oct, 2008 12:00am
Off-market trading: many stocks selling at 17-20 percent lower rates

Off-market trading: many stocks selling at 17-20 percent lower rates

The off-market trading at the local bourses increased substantially, and many stocks were being sold at this counter at 17 to 20 percent less than official prices, it is learnt. The floor mechanism rule forced the weak investors to sell out their holdings
Published 20 Oct, 2008 12:00am
Off-market trading: many stocks selling at 17-20 percent lower rates

Off-market trading: many stocks selling at 17-20 percent lower rates

The off-market trading at the local bourses increased substantially, and many stocks were being sold at this counter at 17 to 20 percent less than official prices, it is learnt. The floor mechanism rule forced the weak investors to sell out their holdings
Published 20 Oct, 2008 12:00am
Extremely dull trading on KSE

Extremely dull trading on KSE

The Karachi share market witnessed extremely dull trading during the week ended on October 18, 2008, mainly due to uncertainty over the continuation of the price floor rule, which hampered activity in the market. Lowest trading volumes were witnessed, and
Published 20 Oct, 2008 12:00am
Extremely dull trading on KSE

Extremely dull trading on KSE

The Karachi share market witnessed extremely dull trading during the week ended on October 18, 2008, mainly due to uncertainty over the continuation of the price floor rule, which hampered activity in the market. Lowest trading volumes were witnessed, and
Published 20 Oct, 2008 12:00am
Extremely dull trading on KSE

Extremely dull trading on KSE

The Karachi share market witnessed extremely dull trading during the week ended on October 18, 2008, mainly due to uncertainty over the continuation of the price floor rule, which hampered activity in the market. Lowest trading volumes were witnessed, and
Published 20 Oct, 2008 12:00am
Investment under CFS declines

Investment under CFS declines

Investment under Continuous Funding System CFS) on Karachi share market declined to Rs 11.89 billion at the end of the outgoing week as compared to Rs 12.9 billion recorded on the same day a week earlier. The average CFS rate also declined to 59.46 percen
Published 20 Oct, 2008 12:00am
Investment under CFS declines

Investment under CFS declines

Investment under Continuous Funding System CFS) on Karachi share market declined to Rs 11.89 billion at the end of the outgoing week as compared to Rs 12.9 billion recorded on the same day a week earlier. The average CFS rate also declined to 59.46 percen
Published 20 Oct, 2008 12:00am
Investment under CFS declines

Investment under CFS declines

Investment under Continuous Funding System CFS) on Karachi share market declined to Rs 11.89 billion at the end of the outgoing week as compared to Rs 12.9 billion recorded on the same day a week earlier. The average CFS rate also declined to 59.46 percen
Published 20 Oct, 2008 12:00am
Investment under CFS declines

Investment under CFS declines

Investment under Continuous Funding System CFS) on Karachi share market declined to Rs 11.89 billion at the end of the outgoing week as compared to Rs 12.9 billion recorded on the same day a week earlier. The average CFS rate also declined to 59.46 percen
Published 20 Oct, 2008 12:00am
China announces landmark farm reforms

China announces landmark farm reforms

Chinese farmers will be allowed to trade, lease out and transfer their land rights for profit, according to a landmark agricultural policy document released by the government on Sunday.
Published 20 Oct, 2008 12:00am
China announces landmark farm reforms

China announces landmark farm reforms

Chinese farmers will be allowed to trade, lease out and transfer their land rights for profit, according to a landmark agricultural policy document released by the government on Sunday.
Published 20 Oct, 2008 12:00am
China announces landmark farm reforms

China announces landmark farm reforms

Chinese farmers will be allowed to trade, lease out and transfer their land rights for profit, according to a landmark agricultural policy document released by the government on Sunday.
Published 20 Oct, 2008 12:00am
Forum set up to promote security of US ventures in Asia

Forum set up to promote security of US ventures in Asia

The United States is to launch a forum to promote security of largely American businesses in Asia amid concerns on issues ranging from copyright piracy to terrorism threats, officials said. The forum, pushed for by US companies in the region, will be inau
Published 20 Oct, 2008 12:00am
Forum set up to promote security of US ventures in Asia

Forum set up to promote security of US ventures in Asia

The United States is to launch a forum to promote security of largely American businesses in Asia amid concerns on issues ranging from copyright piracy to terrorism threats, officials said. The forum, pushed for by US companies in the region, will be inau
Published 20 Oct, 2008 12:00am
Forum set up to promote security of US ventures in Asia

Forum set up to promote security of US ventures in Asia

The United States is to launch a forum to promote security of largely American businesses in Asia amid concerns on issues ranging from copyright piracy to terrorism threats, officials said. The forum, pushed for by US companies in the region, will be inau
Published 20 Oct, 2008 12:00am
SBP dispels reports on foreign currency accounts

SBP dispels reports on foreign currency accounts

The State Bank of Pakistan has categorically dispelled the impression created by some media reports that the SBP enjoys excessive powers to take action against any person who maintains overseas foreign currency account beyond $1000 under Foreign Exchange
Published 20 Oct, 2008 12:00am
SBP dispels reports on foreign currency accounts

SBP dispels reports on foreign currency accounts

The State Bank of Pakistan has categorically dispelled the impression created by some media reports that the SBP enjoys excessive powers to take action against any person who maintains overseas foreign currency account beyond $1000 under Foreign Exchange
Published 20 Oct, 2008 12:00am
SBP dispels reports on foreign currency accounts

SBP dispels reports on foreign currency accounts

The State Bank of Pakistan has categorically dispelled the impression created by some media reports that the SBP enjoys excessive powers to take action against any person who maintains overseas foreign currency account beyond $1000 under Foreign Exchange
Published 20 Oct, 2008 12:00am
CNG kits prices raised by 60 percent

CNG kits prices raised by 60 percent

The prices of compress natural gas (CNG) conversion kits have touched new peaks and over 60 percent hike has been witnessed in last eight months owing to continuous rupee depreciation. The CNG kit prices have further increased by 30 percent after current
Published 20 Oct, 2008 12:00am
LTUs and RTOs told to check data from income tax department

LTUs and RTOs told to check data from income tax department

FBR Chairman Ahmed Waqar has directed the tax managers to check the data of sales tax refund claimants from the income tax department before issuance of ST refunds to effectively control the menace of tax frauds and fraudulent claims in future. Sources to
Published 20 Oct, 2008 12:00am
LTUs and RTOs told to check data from income tax department

LTUs and RTOs told to check data from income tax department

FBR Chairman Ahmed Waqar has directed the tax managers to check the data of sales tax refund claimants from the income tax department before issuance of ST refunds to effectively control the menace of tax frauds and fraudulent claims in future. Sources to
Published 20 Oct, 2008 12:00am
LTUs and RTOs told to check data from income tax department

LTUs and RTOs told to check data from income tax department

FBR Chairman Ahmed Waqar has directed the tax managers to check the data of sales tax refund claimants from the income tax department before issuance of ST refunds to effectively control the menace of tax frauds and fraudulent claims in future. Sources to
Published 20 Oct, 2008 12:00am
India to hold elections in IHK from November 17

India to hold elections in IHK from November 17

Troubled India held Kashmir will hold state assembly elections from November 17, the country's election commission announced Sunday. "The commission has decided that elections will be held in seven phases in occupied Jammu and Kashmir and the first phase
Published 20 Oct, 2008 12:00am
India to hold elections in IHK from November 17

India to hold elections in IHK from November 17

Troubled India held Kashmir will hold state assembly elections from November 17, the country's election commission announced Sunday. "The commission has decided that elections will be held in seven phases in occupied Jammu and Kashmir and the first phase
Published 20 Oct, 2008 12:00am
LSE remains unchanged during last week

LSE remains unchanged during last week

The sentiments on the Lahore Stock Exchange remained unchanged during the last week and equities showed insignificant movement because of scare investors' interest, who have been waiting for good news regarding the bailout package from foreign friends and
Published 20 Oct, 2008 12:00am
LSE remains unchanged during last week

LSE remains unchanged during last week

The sentiments on the Lahore Stock Exchange remained unchanged during the last week and equities showed insignificant movement because of scare investors' interest, who have been waiting for good news regarding the bailout package from foreign friends and
Published 20 Oct, 2008 12:00am
Blast kills three, MNA's son escapes unhurt in Dera Bugti

Blast kills three, MNA's son escapes unhurt in Dera Bugti

Three people were killed while five others injured, two of them seriously, when a remote control bomb exploded in Dera Bugti town on Sunday, Dera Bugti police said. Some unknown miscreants had planted the bomb on a roadside for targeting Yousuf Bugti, son
Published 20 Oct, 2008 12:00am
Sri Lankan defence team due on October 21

Sri Lankan defence team due on October 21

A Sri Lankan defence delegation led by its Secretary Defence Gotabhaya Rajapakse will arrive Pakistan on October 21 on a five days official visit.
Published 20 Oct, 2008 12:00am
Iran warns West against talks with Taliban

Iran warns West against talks with Taliban

Iranian Foreign Minister Manouchehr Mottaki warned the West on Sunday not to push for talks with the Taliban militia which had stormy relations with Tehran when it ruled Afghanistan up to 2001. "Today, the whole world knows about the strategic failure of
Published 20 Oct, 2008 12:00am
Iran warns West against talks with Taliban

Iran warns West against talks with Taliban

Iranian Foreign Minister Manouchehr Mottaki warned the West on Sunday not to push for talks with the Taliban militia which had stormy relations with Tehran when it ruled Afghanistan up to 2001. "Today, the whole world knows about the strategic failure of
Published 20 Oct, 2008 12:00am
Steps taken for provision of 'Sasti Roti' to people

Steps taken for provision of 'Sasti Roti' to people

Chief Minister Punjab Mian Muhammad Shahbaz Sharif has said that the efforts being made for the provision of 'Sasti Roti' to the people should further be intensified and the standard and weight of Roti should also be ensured.
Published 20 Oct, 2008 12:00am
Government decides to expand federal cabinet

Government decides to expand federal cabinet

The government has decided in principle to expand the federal cabinet by inducting 20 new either federal or state ministers from the coalition parties. According to sources, consolations with the coalition partners have been completed in this regard and i
Published 20 Oct, 2008 12:00am
Five Indian fishermen arrested

Five Indian fishermen arrested

Five Indian fishermen were arrested by agencies protecting maritime frontiers and handed over to police, according to police sources here. The Indian fishermen were found to have illegally intruded 120 nautical miles into Pakistan territorial waters. The
Published 20 Oct, 2008 12:00am
Iftikhar to attend SCBA meeting today

Iftikhar to attend SCBA meeting today

Deposed chief justice Iftikhar Muhammad Chaudhry will attend the meeting of Supreme Court Bar Association (SCBA) to be held in the Supreme Court building here on Monday (today). Justice Iftikhar Chaudhry has been invited to attend the meeting by president
Published 20 Oct, 2008 12:00am
Vital policy matters: Nawaz to write letter to Gilani

Vital policy matters: Nawaz to write letter to Gilani

Nawaz Sharif has decided to write a letter, on important policy matters, to the Prime Minister, instead of President Asif Ali Zardari, despite the fact that entire power rests with the latter. The letter is likely to be dispatched to Prime Minister Yousuf
Published 20 Oct, 2008 12:00am
Fake pesticides worth Rs 260 million seized in Punjab

Fake pesticides worth Rs 260 million seized in Punjab

The Punjab government has confiscated fake agriculture medicines worth Rs 260 million in a period of last four months, said Punjab Agriculture Minister Ahmed Ali Aulakh on Sunday. Talking to state-run television he said short and long term measures have b
Published 20 Oct, 2008 12:00am
314 small dams to be built in four years

314 small dams to be built in four years

Three hundred and fourteen small dams will be constructed over a period of four years in the country under National Programme for Small Dams. The initiative will provide two million acre feet (MAF) of additional water to irrigate additional over four hund
Published 20 Oct, 2008 12:00am
Police nab 407 drug pushers

Police nab 407 drug pushers

City Police Islamabad during an ongoing crackdown against the criminals has arrested 407 alleged culprits involved in dealing and selling narcotics and recovered huge quality of narcotics and liquor weighing 428.609 kgs, chars 21.187 kgs heroin 16.065 kg,
Published 20 Oct, 2008 12:00am
Kuwaiti women ministers broke law over hijab: panel

Kuwaiti women ministers broke law over hijab: panel

The appointment of two Kuwaiti women ministers breached the constitution and the law because they do not wear the hijab headscarf, a panel in Kuwait's conservative parliament ruled on Sunday.
Published 20 Oct, 2008 12:00am
Colin Powell backs Barack Obama

Colin Powell backs Barack Obama

Former secretary of state and military supremo Colin Powell Sunday endorsed Democrat Barack Obama's White House bid, in a stinging rebuff to Republican candidate John McCain.
Published 20 Oct, 2008 12:00am
Sri Lanka claims smashing final Tamil Tiger defences

Sri Lanka claims smashing final Tamil Tiger defences

Troops and Tamil Tiger rebels were locked in intense fighting in northern Sri Lanka Sunday after government forces smashed through the "last major defences" of the guerrillas, the military said.
Published 20 Oct, 2008 12:00am
Afghan war: anti-war protesters target Canadian military mission

Afghan war: anti-war protesters target Canadian military mission

Anti-war demonstrations in a dozen Canadian cities on Saturday protested the military mission in Afghanistan, beginning a weekend of action organisers hope will raise awareness of Canada's involvement in the US-led "War on Terror."
Published 20 Oct, 2008 12:00am
US-backed reform forum opens in UAE amid doubts

US-backed reform forum opens in UAE amid doubts

A US-backed forum aimed at promoting democracy in the Middle East opened in Abu Dhabi on Sunday amid doubts among Arab states about the validity of the four-year-old initiative. "Reform in the Middle East is above all a national demand," the foreign minis
Published 20 Oct, 2008 12:00am
Roy for probe into shooting of Indian terror suspects

Roy for probe into shooting of Indian terror suspects

Booker Prize winner and Indian activist Arundhati Roy called Sunday for a probe into a police shooting of two Muslim men who authorities have said were behind a string of bombings across India.
Published 20 Oct, 2008 12:00am
'US confident can assess North Korea plutonium'

'US confident can assess North Korea plutonium'

The top US nuclear envoy said he remained confident of learning how much plutonium North Korea had produced but added the next round of disarmament talks was unlikely to be held this month, in an interview published Sunday.
Published 20 Oct, 2008 12:00am
Factors cited for fall in exports

Factors cited for fall in exports

The former Chairman, Pakistan Readymade Garment Manufacturer and Exporters Association (PRGMEA), Ijaz Khokhar has said that the exports of the country has been decreased to 50 percent due to load shedding and insufficient supply of gas to the industrial s
Published 20 Oct, 2008 12:00am
Second phase of Tableeghi Ijtema ends after special Dua

Second phase of Tableeghi Ijtema ends after special Dua

The second phase of annual Tableeghi Ijtema concluded here on Sunday after inspiring special 'Dua' in which the faithful with tearful eyes, sought forgiveness from Allah Almighty. The participants renewed their pledge to strive for the propagation of Isla
Published 20 Oct, 2008 12:00am
Education to impaired children termed social obligation

Education to impaired children termed social obligation

Principal, Hasan Academy for special children, Dr Ahmed Hassan has said that to impart proper education to physically impaired children is the social and moral obligation of the nation. Addressing a special monthly meeting of the Academy held here, he sai
Published 20 Oct, 2008 12:00am
'Is it nepotism or cronyism?'

'Is it nepotism or cronyism?'

Some of the key appointments made by the Government are certainly not based on jiyalaism. If it is not merit then personal friends are being obliged. How otherwise can somebody explain appointment of semi educated individuals to key diplomatic assignments
Published 20 Oct, 2008 12:00am
ROVER'S DIARY: are we ready to meet the economic challenges?

ROVER'S DIARY: are we ready to meet the economic challenges?

As if our own economic woes were not enough, the world economy has been hit by the financial crisis like never before. In today's globalised world once the world's leading economies start melting down, nobody is safe. The worst hit is the economy like our
Published 20 Oct, 2008 12:00am
Bill passed by Senate: Comments on Industrial Relations Act 2008 - III

Bill passed by Senate: Comments on Industrial Relations Act 2008 - III

With the establishment of the National Industrial Relations Commission in the context of Labour Court, two separate independent labour judiciary were established. In matters pertaining to the local nature or trade unions registered with the Provincial Reg
Published 20 Oct, 2008 12:00am
Pak-China joint statement

Pak-China joint statement

The Pak-China relationship does not fit in with the pattern of standard ties between two states; this is a friendship that is time-tested, has weathered many storms and comes into full play when either of the two is confronted with difficult challenges.
Published 20 Oct, 2008 12:00am
Liquidity injection good, CBMs also needed

Liquidity injection good, CBMs also needed

On October 4th 2008, the State Bank of Pakistan reduced the Cash Reserve Ratio (CRR) by one percent and announced a second reduction effective from November 15th to cumulatively provide Rs 62 billion liquidity to the banking system. After providing Rs 31
Published 20 Oct, 2008 12:00am
Demonstration against genocide of Christians in India

Demonstration against genocide of Christians in India

The National Christian Party staged a demonstration outside the Karachi Press Club (KPC) on Sunday to protest against the growing incidents of genocide of Christians by the extremist Hindus in Orissa and Karnataka in India.
Published 20 Oct, 2008 12:00am
Commodities prominently fluctuated on wholesale markets

Commodities prominently fluctuated on wholesale markets

Wheat, sugar, jute goods, and oilcakes were commodities prominently fluctuated showing generally higher jumps on the wholesale markets, during the week ended on October 18, 2008. The movement to a great extent appears to be in line with this week's scenar
Published 20 Oct, 2008 12:00am
Two killed in wedding party firing

Two killed in wedding party firing

Two persons, including one child were killed and eight others injured in the aerial firing in the wedding party here on Sunday, police said. According to police sources, aerial firing took place in the wedding party in Kadda Market which resulted in the d
Published 20 Oct, 2008 12:00am
Traders threaten protest campaign against KESC

Traders threaten protest campaign against KESC

The Old City Traders Alliance Karachi has warned that if the government did not cancel the privatisation of Karachi Electric Supply Corporation (KESC) the traders would seize the head office of KESC.
Published 20 Oct, 2008 12:00am
Workshop for women councillors

Workshop for women councillors

Taluka Nazim Tando Allahyar Haji Khair Muhammad Khokhar has said that multidimensional strategy is needed to enhance the literacy rate and leadership qualities in working women and eliminate gender discrimination from the male dominated society of the cou
Published 20 Oct, 2008 12:00am
Volatile situation in cotton, textile market

Volatile situation in cotton, textile market

The Pakistan Cotton Ginners' Association on last Saturday (the 18th October) released periodical cotton arrival and disposal data up to 15th October,08. According to this report, total arrival of seed-cotton is equivalent to 3.499 million running bales (S
Published 20 Oct, 2008 12:00am
Volatile situation in cotton, textile market

Volatile situation in cotton, textile market

The Pakistan Cotton Ginners' Association on last Saturday (the 18th October) released periodical cotton arrival and disposal data up to 15th October,08. According to this report, total arrival of seed-cotton is equivalent to 3.499 million running bales (S
Published 20 Oct, 2008 12:00am
Afshan Wasti awarded PhD

Afshan Wasti awarded PhD

Afshan Wasti, a faculty member of the Jinnah University for Women has been awarded the PhD degree in Biochemistry from the University of Karachi. She worked under the supervision of Professor Nikhat Ahmed Siddiqui of KU and her topic was 'Antipsychotic Dr
Published 20 Oct, 2008 12:00am
China's keenness to invest in Thar coal project welcomed

China's keenness to invest in Thar coal project welcomed

Sindh Minister for Revenue & Relief Syed Murad Ali Shah and Population Welfare Minister Jam Mehtab Hussain Dahar have welcomed the interest shown by Chinese Entrepreneurs in Thar Coal Project.
Published 20 Oct, 2008 12:00am
Buying sustained as prices served interest of manufacturers

Buying sustained as prices served interest of manufacturers

The buying sustained as prices served the interest of manufacturers, while ginners felt they were being duped by circumstance and should hold falling value of cotton. The spot rate was subjected to a couple of times.
Published 20 Oct, 2008 12:00am
Buying sustained as prices served interest of manufacturers

Buying sustained as prices served interest of manufacturers

The buying sustained as prices served the interest of manufacturers, while ginners felt they were being duped by circumstance and should hold falling value of cotton. The spot rate was subjected to a couple of times.
Published 20 Oct, 2008 12:00am
Overhead electric wires endangering residents

Overhead electric wires endangering residents

The overhead power supply distribution network is posing grave threats to the residents of smaller sectors and rural areas of the federal capital. Sectors including E, F, G, H and I-8 have been provided underground power supply system excluding sectors I-
Published 20 Oct, 2008 12:00am
Fehmida calls for stringent media campaign against osteoporosis

Fehmida calls for stringent media campaign against osteoporosis

The Speaker National Assembly, Dr Fehmida Mirza has called for a stringent media awareness campaign against Osteoporosis - the disease, which has reached an alarming stage especially in females that affects density and quality of bones and increases risk
Published 20 Oct, 2008 12:00am
Two-day corporate training programme concludes

Two-day corporate training programme concludes

The concluding session of a two-day corporate training programme on 'Cost Reduction Techniques for Competitiveness and Profit Maximisation' arranged by National Productivity Organisation (NPO) in collaboration with Pakistan National Accreditation Council
Published 20 Oct, 2008 12:00am
Sugarcane plays vital role in economy

Sugarcane plays vital role in economy

Agriculture is the backbone of Pakistan's economy and sugarcane crop plays a vital role in the shape of cash crop which provides a major share of farmers earnings. It is an important cash crop, which contributes in socio-economic development of Pakistan.
Published 20 Oct, 2008 12:00am