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Print - 2008-11-01
Delta Air Lines merged with Northwest to create premier global airline

Delta Air Lines merged with Northwest to create premier global airline

Delta Air Lines Inc has merged with Northwest Airlines Inc, creating a premier global airline with a service to nearly all of the world's major travel markets. The new airline, called Delta Air Lines and headquartered in Atlanta, begins its first day as a
Published 01 Nov, 2008 12:00am
Trading volume up slightly on KSE

Trading volume up slightly on KSE

The share market here underwent another dull session on Friday due to investors' concerns over delay in arranging funds to bail out the capital market from present turmoil. As such the KSE-100 index refused to move for sixth consecutive day, staying at 9,
Published 01 Nov, 2008 12:00am
Pakistan Post directed to pay compensation

Pakistan Post directed to pay compensation

District Consumer Court Judge Syed Maruf Ahedali has directed the director general, Pakistan Post, to pay Rs 6,208 as cost of the case and expenses of services within ten days to Muhammad Shahid whose letter could not be delivered to his loved one in Engl
Published 01 Nov, 2008 12:00am
Singapore job growth slows, manufacturers pessimistic

Singapore job growth slows, manufacturers pessimistic

Employment growth in Singapore slowed in the third quarter and manufacturers turned pessimistic as the global financial crisis drags on an economy already in recession. Singapore added 57,800 jobs in the third quarter, down from 71,400 created in the Apri
Published 01 Nov, 2008 12:00am
Mardan suicide blast condemned

Mardan suicide blast condemned

Chairman Senate, Muhammadmian Soomro, Deputy Chairman Senate, Jan Muhammad Jamali and Leader of the House in Senate, Mian Raza Rabbani on Friday strongly condemned the suicide bomb blast in Mardan that killed eight people and injured several others.
Published 01 Nov, 2008 12:00am
Research in field of health sciences need of hour: Professor Masood

Research in field of health sciences need of hour: Professor Masood

"Research in the field of medical and health sciences is the need of the hour; students and professionals should take more interest in research related activities to cope with recent advances and increasing demands in the field of medical sciences."
Published 01 Nov, 2008 12:00am
BRIndex30 unchanged since October 21

BRIndex30 unchanged since October 21

On Friday, BRIndex30 remained unchanged throughout the trading time. It opened at 8,995.65 and closed at 8,995.65. Volume was 4,500 as against 223,400 recorded by KSE-All Share and 30,200 recorded by KSE-100 Indices. BR Power Generation and Distribution I
Published 01 Nov, 2008 12:00am
Punjab government plans 'Liver Transplant Centres'

Punjab government plans 'Liver Transplant Centres'

Pakistan Muslim League-Nawaz (PML-N) led Punjab government has taken notice of surge in liver disease cases and planned to set up 'Liver Transplant Centres' to provide this facility to the masses within the country. The chief minister said this while addr
Published 01 Nov, 2008 12:00am
French trader probed over massive bank loss

French trader probed over massive bank loss

A French judge has opened an investigation into a possible breach of trust by a dealer suspected of losing a bank more than 750 million euros in unauthorised trading in derivatives, judicial officials said Thursday. The dealer, 33-year-old Boris Picano-Na
Published 01 Nov, 2008 12:00am
Rehman condemns suicide bomb blast in Mardan

Rehman condemns suicide bomb blast in Mardan

Rehman Malik, Adviser to the Prime Minister on Interior has said that the barbaric acts of terrorism reflect the inhuman nature of the perpetrators and it cannot deter the government's firm resolve to fight against terrorism. "Government will use all out
Published 01 Nov, 2008 12:00am
0.5 million youth employed in first phase of BBSYDP

0.5 million youth employed in first phase of BBSYDP

The Benazir Bhutto Shaheed Youth Development Programme (BBSYDP) has started in full swing as around 0.5 million youth have been employed across the country in the first phase. Sources told Business Recorder on Friday that the BBSYDP has been launch
Published 01 Nov, 2008 12:00am
BRIndex30 unchanged since October 21

BRIndex30 unchanged since October 21

On Friday, BRIndex30 remained unchanged throughout the trading time. It opened at 8,995.65 and closed at 8,995.65. Volume was 4,500 as against 223,400 recorded by KSE-All Share and 30,200 recorded by KSE-100 Indices. BR Power Generation and Distribution I
Published 01 Nov, 2008 12:00am
Shahbaz for making all recruitment on merit

Shahbaz for making all recruitment on merit

Chief Minister Punjab Mian Mohammad Shahbaz Sharif has issues directive for making Punjab Public Service Commission (PPSC) more vibrant and efficient besides making all recruitment purely on merit. Talking to PPSC Chairman and members at Chief Minister's
Published 01 Nov, 2008 12:00am
Looming strikes in key German metalworking sector

Looming strikes in key German metalworking sector

With a recession looming in Europe's biggest economy, the biggest German industrial trade union IG Metall on Friday threatened strikes from next week in the key metalworking and electronics sector. Union chief Berthold Huber slammed the employers' offer o
Published 01 Nov, 2008 12:00am
PIA in loss due to high fuel cost, devaluation of rupee

PIA in loss due to high fuel cost, devaluation of rupee

The Managing Director PIA, Captain Mohammad Aijaz Haroon has said that high fuel costs and devaluation of Pak rupees are the main reason for the airline's loss. He was addressing a gathering of PIA employees at PIA Training Centre Karachi. Employees repre
Published 01 Nov, 2008 12:00am
Ginneries exempted from load shedding

Ginneries exempted from load shedding

The government has exempted all cotton ginning factories from load shedding, and directed Pakistan Electric Power Company (Pepco) to provide uninterrupted power supply to them, round the clock. Minister for Water and Power Pervez Ashraf on Friday directed
Published 01 Nov, 2008 12:00am
Commerzbank may seek state capital

Commerzbank may seek state capital

Commerzbank is interested in a state capital injection that could see Germany take a stake in the country's second-biggest bank, according to sources familiar with the situation. The development comes as Commerzbank continues to grapple with the fallout f
Published 01 Nov, 2008 12:00am
Senate body expresses grief

Senate body expresses grief

The Senate functional committee on Human Rights has expressed grief and heart-felt sorrow over the loss of lives and property due to earthquake in Balochistan. In a resolution on Friday, it expressed condolence with surviving members of the affected famil
Published 01 Nov, 2008 12:00am
IGI Finex Securities Limited participates in Expo 2008

IGI Finex Securities Limited participates in Expo 2008

IGI Finex Securities Ltd, a corporate member of the Nation Commodity Exchange Limited, participated in the 4 day Expo Pakistan 2008 held in Karachi from October 27 to 30, 2008. IGI is the commodity brokerage that offers customers to trade in commodities o
Published 01 Nov, 2008 12:00am
Ginneries exempted from load shedding

Ginneries exempted from load shedding

The government has exempted all cotton ginning factories from load shedding, and directed Pakistan Electric Power Company (Pepco) to provide uninterrupted power supply to them, round the clock. Minister for Water and Power Pervez Ashraf on Friday directed
Published 01 Nov, 2008 12:00am
French credit drought sparks bank buy-out calls

French credit drought sparks bank buy-out calls

France's banks stood accused Friday of cutting off credit to businesses despite cashing in on a multi-billion-euro bail-out, sparking mounting calls for the state to part-nationalise the sector. President Nicolas Sarkozy warned banking chiefs late Thursda
Published 01 Nov, 2008 12:00am
Maulana Shoukat hospitalised

Maulana Shoukat hospitalised

The member of Jammu and Kashmir Co-ordination Committee, Maulana Shoukat Ahmad Shah has been admitted to the Intensive Care Unit at Soura hospital in occupied Srinagar. Maulana Shoukat, who was in police custody at Sumbal Police Station, is already a diab
Published 01 Nov, 2008 12:00am
Karachi police stations to be computerised within 60-days

Karachi police stations to be computerised within 60-days

A total of 101 police stations of Karachi would be computerised, the SHOs are being provided with branded Pentium-IV computers and printers and the entire process would be completed within the short period of two months, sources said.
Published 01 Nov, 2008 12:00am
Ginneries exempted from load shedding

Ginneries exempted from load shedding

The government has exempted all cotton ginning factories from load shedding, and directed Pakistan Electric Power Company (Pepco) to provide uninterrupted power supply to them, round the clock. Minister for Water and Power Pervez Ashraf on Friday directed
Published 01 Nov, 2008 12:00am
Which way will PML (Q) crumble?

Which way will PML (Q) crumble?

Late Thursday evening when Hamid Nasir Chattha was reassuring his party boss, Chaudhry Shujaat Hussain, of his loyalty in front of media persons, some half a dozen members of the party's so-called forward bloc were having dinner with the co-chairman of PP
Published 01 Nov, 2008 12:00am
General Motors and Chrysler merger on hold as aid hopes fade

General Motors and Chrysler merger on hold as aid hopes fade

A deal to merge General Motors Corp and Chrysler LLC has hit an impasse after the Bush administration ruled out funding for it, three people with direct knowledge of the talks said. This puts any merger of the struggling automakers on hold until after the
Published 01 Nov, 2008 12:00am
Musharraf declines PML-Q demand to enter politics

Musharraf declines PML-Q demand to enter politics

Former president General Pervez Musharraf (Retd) has declined the demand of Pakistan Muslim League (Q) leadership of entering in politics, sources in the PML-Q said. They said that the PML-Q leaders, including its President Chaudhry Shuja'at Hussain, prov
Published 01 Nov, 2008 12:00am
Emerging economies to be next victims: IMF chief

Emerging economies to be next victims: IMF chief

Emerging economies will be the next to topple in the global financial crisis, the head of the International Monetary Fund Dominique Strauss-Kahn wrote in article published here on Friday. Emerging countries are facing additional problems, Strauss-Kahn wro
Published 01 Nov, 2008 12:00am
Manpower export: a boon or bane?

Manpower export: a boon or bane?

The Chairman of National Vocational and Technical Education Commission, Adnan A. Khawaja has said that skilled workforce would be sent to the Middle East to increase the flow of home remittances. Remittances are, in fact, already playing a vital role in P
Published 01 Nov, 2008 12:00am
South Korea plans new crisis measures

South Korea plans new crisis measures

South Korea is working on fresh steps to cushion the economy from the global credit crisis and to build on signs of a tentative return of investor confidence that carried the stock market to a record rally this week. Authorities have already put together
Published 01 Nov, 2008 12:00am
No place for turncoats in party: Khosa

No place for turncoats in party: Khosa

The Pakistan Muslim League-Nawaz (PML-N) will never accept those who damaged the party and helped the dictator in the past, Punjab PML-N President Sardar Zulfiqar Ali Khan Khosa said here on Friday. Concerning the coalition between the Pakistan Muslim Lea
Published 01 Nov, 2008 12:00am
PTA employees contribute one-day salary to earthquake fund

PTA employees contribute one-day salary to earthquake fund

The Pakistan Telecommunication Authority (PTA) employees, to show their solidarity with the earthquake victims have contributed their one-day salary to the relief fund for victims in this hour of need. The amount will be used to provide relief goods to be
Published 01 Nov, 2008 12:00am
Emerging economies to be next victims: IMF chief

Emerging economies to be next victims: IMF chief

Emerging economies will be the next to topple in the global financial crisis, the head of the International Monetary Fund Dominique Strauss-Kahn wrote in article published here on Friday. Emerging countries are facing additional problems, Strauss-Kahn wro
Published 01 Nov, 2008 12:00am
Special economic zones

Special economic zones

According to a Recorder Report, a move is afoot to establish Special Economic Zones (SEZs) in place of the existing industrial and export processing zones so as to promote sector-specific economic activity. As per a proposal prepared by the Ministries of
Published 01 Nov, 2008 12:00am
Alfa Bank requests $400 million state loan

Alfa Bank requests $400 million state loan

Alfa Bank, one of Russia's largest private banks, has requested a maximum $400 million subordinated loan from state bank VEB and expects shareholders to inject a further $400 million, its president said on Friday. "We have submitted an order for the subor
Published 01 Nov, 2008 12:00am
Time ripe to implement 'Charter of Democracy': PML-N

Time ripe to implement 'Charter of Democracy': PML-N

Pakistan Muslim League-N considers that Charter of Democracy (CoD) signed between Mian Nawaz Sharif and Mohtarma Benazir Bhutto is a valid document that provides amicable solution to present constitutional issues confronted by the country.
Published 01 Nov, 2008 12:00am
Sindh University pre-entry test November 2

Sindh University pre-entry test November 2

Pre entry test for admissions to all disciplines under Bachelors' Degree program in Sindh University, Jamshoro for academic session 2009 will be conducted on Sunday, November,02 at Allama I.I.Kazi Campus. The Director Admissions has announced that those c
Published 01 Nov, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 01 Nov, 2008 12:00am
Emerging economies to be next victims: IMF chief

Emerging economies to be next victims: IMF chief

Emerging economies will be the next to topple in the global financial crisis, the head of the International Monetary Fund Dominique Strauss-Kahn wrote in article published here on Friday. Emerging countries are facing additional problems, Strauss-Kahn wro
Published 01 Nov, 2008 12:00am
Framework for consolidated supervision of financial sector: SBP scheme

Framework for consolidated supervision of financial sector: SBP scheme

Key structural transformation has been the evolution of large and complex global financial institutions and structures that, given their inherent size and strengths, have promoted financial engineering and innovation, exploited new avenues of financial le
Published 01 Nov, 2008 12:00am
Germany falls into recession in third quarter

Germany falls into recession in third quarter

German gross domestic product (GDP) probably contracted by about 0.25 percent in the July-September period, putting the economy into technical recession, a government official familiar with the data said. The official told Reuters on Friday that governmen
Published 01 Nov, 2008 12:00am
Survival of Pakistan linked to free judiciary: PTI

Survival of Pakistan linked to free judiciary: PTI

The Secretary General, Pakistan Tehrik-e-Insaf (PTI), Muhammad Arif Alvi has linked the survival and success of Pakistan with restoration of 'Independent Judiciary' and deposed judges including the chief justice of Pakistan, Iftikhar Mohammad Chaudhry.
Published 01 Nov, 2008 12:00am
Sehwag foils Australia's fightback

Sehwag foils Australia's fightback

Part-time off-spinner Virender Sehwag picked three key wickets to thwart Australia's grim fightback on the third day of the third Test here on Friday. Sehwag, 30, denied centuries to captain Ricky Ponting (87) and Matthew Hayden (83) before dismissing Mic
Published 01 Nov, 2008 12:00am
LSE depicts 1.75 points marginal gain

LSE depicts 1.75 points marginal gain

Lahore stocks on Friday closed on depressed note amid insignificant trading while the LSE-25 index registered marginal improvement of 1.75 points. The index ended at 2825.36 against previous day's closing of 2823.61 while transaction volume was restricted
Published 01 Nov, 2008 12:00am
In the hands of Afghanistan's Taliban, life is cheap

In the hands of Afghanistan's Taliban, life is cheap

We will behead him," threatens a 25-year-old, self-proclaimed Taliban, as day-long negotiations on the fate of a shopkeeper abducted five days ago reach a critical point. Four worried-looking male relatives of captured Abdul Ahmad sit with their backs aga
Published 01 Nov, 2008 12:00am
Spanish economy contracts for first time since 1993

Spanish economy contracts for first time since 1993

Spain's economy contracted 0.2 percent in the third quarter compared with the previous three months, suffering its first quarterly decline since 1993 as a global financial crisis pushed the country towards recession.
Published 01 Nov, 2008 12:00am
Local bodies by-election put off

Local bodies by-election put off

The Election Commission of Pakistan (ECP) on Friday announced postponement of the local bodies by-election, schedule to be held on November 17. A high-level meeting held at the ECP decided to postpone the by-elections on 380 vacant seats of local bodies i
Published 01 Nov, 2008 12:00am
Gambhir banned

Gambhir banned

Indian opener Gautam Gambhir was on Friday banned for one Test for his on-field clash with Australian all-rounder Shane Watson during the third Test here. Gambhir, top scorer for the hosts with 206 in the first innings, will miss the fourth and final Test
Published 01 Nov, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (October 31, 2008).

Published 01 Nov, 2008 12:00am
LSE depicts 1.75 points marginal gain

LSE depicts 1.75 points marginal gain

Lahore stocks on Friday closed on depressed note amid insignificant trading while the LSE-25 index registered marginal improvement of 1.75 points. The index ended at 2825.36 against previous day's closing of 2823.61 while transaction volume was restricted
Published 01 Nov, 2008 12:00am
Let KSE Board explain

Let KSE Board explain

It was a pleasant surprise to see the directors of the KSE on the television advising the nation that they have decided to continue with the floor requirements as the modalities for additional financing by the Government of Pakistan has not been 100% comp
Published 01 Nov, 2008 12:00am
Sri Lanka annual inflation hits six-year high

Sri Lanka annual inflation hits six-year high

Sri Lanka's annual average inflation rose to 23.4 percent in October from 23.2 percent in September, the government said on Friday. It was the highest level on a new index, introduced last December, based on 2002 prices. However, consumer price inflation
Published 01 Nov, 2008 12:00am
Marriott blast: remand of accused extended for four days

Marriott blast: remand of accused extended for four days

The physical remand of four accused of September 20 deadly suicide blast at Marriott Hotel was on Friday extended for four days for further investigation. Sakhi Muhammad Kahut, judge, Anti-Terrorist Court II (ATC), Rawalpindi resumed the hearing of the ca
Published 01 Nov, 2008 12:00am
Premier Soccer: KRL win; PIA, Army draw

Premier Soccer: KRL win; PIA, Army draw

Two matches were decided in the Pakistan Premier Soccer League, as Khan Research Laboratories (KRL) defeated Pakistan Steel 3-1 while match between PIA and Army ended in 1-1 draw on Friday. Army collected 28 points after 16 matches while PIA recorded 18 p
Published 01 Nov, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 01 Nov, 2008 12:00am
ISE-10 index remains flat

ISE-10 index remains flat

Islamabad Stock Exchange (ISE) continued to remain flat. ISE-10 Index closed at 2,003.17 without observing any change by the end of trading session. The volume of trade amounted to 21,035 shares as compared to previous turnover of 11,839 shares.
Published 01 Nov, 2008 12:00am
Expectations from a noble profession

Expectations from a noble profession

It seems professionalism is almost dead everywhere while craze for money has overwhelmed all of us. During my illness I found how reputable hospitals are fleecing innocent people. Due to wrong medical treatment, many patients are suffering. Physicians sho
Published 01 Nov, 2008 12:00am
Kazakhstan, partners sign Kashagan deal

Kazakhstan, partners sign Kashagan deal

Kazakhstan and a group of Western oil majors developing the huge Kashagan oilfield signed the final agreement on the future of the long-delayed project on Friday, capping months of hard negotiations. The stand-off over the Eni-led field started in August
Published 01 Nov, 2008 12:00am
PIMS treats 42 dengue fever patients in four months

PIMS treats 42 dengue fever patients in four months

Pakistan Institute of Medical Sciences (PIMS) treated 42 patients suffering from dengue fever during the last four months. According to hospital officials the patients mainly belonged to Haripur, Mansehra, KallerSaidan, Gujrat and Jehlum and their ages ra
Published 01 Nov, 2008 12:00am
FIFA ready to work with new Polish FA leaders

FIFA ready to work with new Polish FA leaders

FIFA expressed satisfaction on Friday over the smooth running of Polish Football Association (PZPN) elections aimed at tackling alleged corruption within the game in Poland. World soccer's governing body said the elections had been held "according to the
Published 01 Nov, 2008 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 01 Nov, 2008 12:00am
ISE-10 index remains flat

ISE-10 index remains flat

Islamabad Stock Exchange (ISE) continued to remain flat. ISE-10 Index closed at 2,003.17 without observing any change by the end of trading session. The volume of trade amounted to 21,035 shares as compared to previous turnover of 11,839 shares.
Published 01 Nov, 2008 12:00am
Pakistani apparel dealers get encouragement at Shanghai fair

Pakistani apparel dealers get encouragement at Shanghai fair

The suppliers from Pakistan participated in a big way in the Intertextile Shanghai Apparel Fair and got encouraging response from international buyers. As many as half a dozen companies dealing with apparel, weaving and textile accessories from Pakistan t
Published 01 Nov, 2008 12:00am
Moscow property bubble to burst: top Russian banker

Moscow property bubble to burst: top Russian banker

The "bubble" in Moscow residential property is about to burst and sky-high prices in the centre of the city are likely to tumble, Russian billionaire banker Pyotr Aven said on Friday. Russian property prices have soared every year since 2000 after record
Published 01 Nov, 2008 12:00am
Stanford - I'm more hero than skunk

Stanford - I'm more hero than skunk

Texan billionaire Allen Stanford has issued a defiant eve-of-battle defence of his Twenty20 Super Series which concludes here Saturday with the 20 million dollar winner takes all showdown between England and his Caribbean Superstars.
Published 01 Nov, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Nov, 2008 12:00am
Four cops among nine killed in Mardan suicide attack

Four cops among nine killed in Mardan suicide attack

At least nine people, including four policemen, were killed and 15 others sustained injuries when a suicide bomber blown himself up near the office of a senior police officer in Mardan on Friday. According to reports, Deputy Inspector General (DIG), Marda
Published 01 Nov, 2008 12:00am
First PIA Haj flight leaves for Jeddah November 2

First PIA Haj flight leaves for Jeddah November 2

PIA's special Haj flight PK-1201 carrying 445 pilgrims on board will leave Benazir Bhutto International Airport here on Sunday morning, starting a month-long pre-Haj flights operation to airlift 165,000 pilgrims to Saudi Arabia for Haj this year.
Published 01 Nov, 2008 12:00am
India overnight rate leaps

India overnight rate leaps

India's overnight lending rate leaped above 20 percent on Friday as banks stashed cash ahead of a government bond sale, squeezing rates to their highest since the global crisis broke in earnest over India earlier this month.
Published 01 Nov, 2008 12:00am
UK opposes US incursions inside Pakistan

UK opposes US incursions inside Pakistan

Once again strongly opposing persistent US incursions inside Pakistan territory, the United Kingdom's Secretary of State for Justice, Jack Straw, on Friday urged the United States to respect the sovereignty and integrity of vital allies. Talking to 'AR
Published 01 Nov, 2008 12:00am
Swiss franc rises versus euro

Swiss franc rises versus euro

The Swiss franc rose against the euro on Friday as investors turned wary about moving into riskier assets after stock markets in Asia fell, reflecting the bleak outlook for the global economy. "The Asian markets sold off overnight. We have had three days
Published 01 Nov, 2008 12:00am
Four cops among nine killed in Mardan suicide attack

Four cops among nine killed in Mardan suicide attack

At least nine people, including four policemen, were killed and 15 others sustained injuries when a suicide bomber blown himself up near the office of a senior police officer in Mardan on Friday. According to reports, Deputy Inspector General (DIG), Marda
Published 01 Nov, 2008 12:00am
Election tribunal adjourns hearing

Election tribunal adjourns hearing

An election tribunal headed by a judge of the Lahore High Court adjourned hearing in an election petition of former federal minister Humayun Akhter seeking disqualification of PML-N MNA Rohail Asghar who won election from NA-124 Lahore.
Published 01 Nov, 2008 12:00am
India overnight rate leaps

India overnight rate leaps

India's overnight lending rate leaped above 20 percent on Friday as banks stashed cash ahead of a government bond sale, squeezing rates to their highest since the global crisis broke in earnest over India earlier this month.
Published 01 Nov, 2008 12:00am
Most Asian currencies fall

Most Asian currencies fall

Most Asian currencies fell on Friday as investors took profit from in the previous day's rally amid lingering fears of a global recession, while companies bought more dollars for month-end settlements. A rally in Asian currencies on Thursday turned out to
Published 01 Nov, 2008 12:00am
Pakistan gets another Chinese frigate

Pakistan gets another Chinese frigate

China on Friday handed over a second F-22P frigate to Pakistan at an impressive launching ceremony of the vessel held at Hudong Shipyard. The ceremony was attended by high ranking officials from Chinese Navy, senior representatives of Hudong Shipyard, Chi
Published 01 Nov, 2008 12:00am
SSC provides high quality wheat seed to growers

SSC provides high quality wheat seed to growers

Sindh Seed Corporation (SSC) has not achieved the target of producing 0.1 million maund certified wheat seed but also made arrangement of providing more 0.15 million maund highly certified wheat seed to the growers for Rabi Season 2008 in Sindh.
Published 01 Nov, 2008 12:00am
G8 should give emerging states more say: EU draft

G8 should give emerging states more say: EU draft

Reforms of the Group of Eight (G8) club of major industrialised nations must be studied to make it more inclusive of emerging countries, European Union president France has proposed to the bloc's finance ministers. "Further reform of the G8 should be cons
Published 01 Nov, 2008 12:00am
Canadian dollar rides momentum to higher close

Canadian dollar rides momentum to higher close

The Canadian dollar finished higher versus the US dollar for the third straight session on Thursday as improved market sentiment continued to help pull the currency off its recent four-year low. Bond prices bounced back from an early sell-off and finished
Published 01 Nov, 2008 12:00am
Pakistan gets another Chinese frigate

Pakistan gets another Chinese frigate

China on Friday handed over a second F-22P frigate to Pakistan at an impressive launching ceremony of the vessel held at Hudong Shipyard. The ceremony was attended by high ranking officials from Chinese Navy, senior representatives of Hudong Shipyard, Chi
Published 01 Nov, 2008 12:00am
WDD to send relief goods for victims

WDD to send relief goods for victims

The Women Development Department, Government of Sindh, will send the first consignment of relief goods for the earthquake affectees of Balochistan. This was stated by the Sindh minister for Women Development, Tauqeer Fatima Bhutto. She was presiding over
Published 01 Nov, 2008 12:00am
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