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Sep 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-02-01
Chile stocks fall

Chile stocks fall

Chilean stocks closed weaker for a second day on Friday, following external markets on concerns a US plan to relieve banks of money-losing assets might be delayed, while the peso weakened against the dollar. Chile's blue chip IPSA index ended down 0.58 pe
Published 01 Feb, 2009 12:00am
Toronto stocks end week in broad-based decline

Toronto stocks end week in broad-based decline

Toronto's main stock index fell on Friday in broad-based weakness, as economic worries weighed on most sectors after government data showed worsening conditions in both Canada and the United States. The Canadian economy shrank more than expected in Novemb
Published 01 Feb, 2009 12:00am
Canadian bonds end mixed

Canadian bonds end mixed

The Canadian bond prices ended mixed on Friday with gains coming on the long end of the curve alongside the rally in the bigger US Treasury market after a report there showed the US economy shrank at its fastest pace in nearly 27 years. But the retreat wa
Published 01 Feb, 2009 12:00am
Canadian bonds end mixed

Canadian bonds end mixed

The Canadian bond prices ended mixed on Friday with gains coming on the long end of the curve alongside the rally in the bigger US Treasury market after a report there showed the US economy shrank at its fastest pace in nearly 27 years. But the retreat wa
Published 01 Feb, 2009 12:00am
Indian bond yields back off two-month highs

Indian bond yields back off two-month highs

Indian federal bond yields came off near two-month highs in late trade on Friday, as investors who had pared positions ahead of a 100-billion-rupee ($2 billion) auction raided the secondary market after the results. The yield on the most actively traded 8
Published 01 Feb, 2009 12:00am
Indian bond yields back off two-month highs

Indian bond yields back off two-month highs

Indian federal bond yields came off near two-month highs in late trade on Friday, as investors who had pared positions ahead of a 100-billion-rupee ($2 billion) auction raided the secondary market after the results. The yield on the most actively traded 8
Published 01 Feb, 2009 12:00am
US stocks suffer record January rout

US stocks suffer record January rout

US stocks closed out their worst January ever with another slide on Friday after data showed the economy contracted at the fastest pace in nearly 27 years in the fourth quarter. Uncertainty about the fate of a plan by the Obama administration to relieve b
Published 01 Feb, 2009 12:00am
Central Europe's currencies down

Central Europe's currencies down

The forint fell to new all-time lows on Friday as poor economic data weighed on central Europe's currencies and the Hungarian unit took an additional hit as investors tried to push the forint through option barrier levels. Currencies in the region have be
Published 01 Feb, 2009 12:00am
Canadian dollar weighed down

Canadian dollar weighed down

The Canadian dollar fell versus the US dollar on Friday, after data showed Canada's economy shrank more than expected in November, reinforcing expectations of another interest rate cut in March. The Statistics Canada report showed the economy shrank 0.7 p
Published 01 Feb, 2009 12:00am
Chilean peso falls

Chilean peso falls

Chile's peso fell around 1.0 percent in early Friday trade after weaker-than-expected December industrial output data and as global bourses fell, traders said. Chile's peso was down 1.16 percent at 619.00/619.50 per dollar early, compared with Thursday's
Published 01 Feb, 2009 12:00am
IMM speculators trim long US dollar bets

IMM speculators trim long US dollar bets

Currency speculators trimmed bets in favour of the US dollar in the latest week, according to data from the Commodity Futures Trading Commission on Friday. The value of the US dollar's net long position was $177 million in the week ending January 27, down
Published 01 Feb, 2009 12:00am
Dollar gains

Dollar gains

The dollar rose against the euro on Friday, on track for its best month since October, as evidence of a prolonged slump on both sides of the Atlantic added to the greenback's appeal as a safe haven for investors. The euro shed more than 1 percent against
Published 01 Feb, 2009 12:00am
Mexican peso falls

Mexican peso falls

Mexico's peso sank on Friday, hitting a record low against the safe-haven dollar, as grim economic data stoked worries the global recession is deepening, while disappointing earnings hit local stocks. The peso eased as much as 1.8 percent during early tra
Published 01 Feb, 2009 12:00am
Kenyan shilling mixed

Kenyan shilling mixed

The Kenya shilling oscillated versus the dollar in muted trade on Friday but is expected to make gains on the back of low dollar demand. The commercial banks quoted the unit at 79.50/60 from Thursday's 79.55/65 close. It made swings between 79.35 and 79.7
Published 01 Feb, 2009 12:00am
New Zealand dollar hits six-year low

New Zealand dollar hits six-year low

The New Zealand dollar fell to a fresh six-year low on Friday after the central bank governor said the bank could cut interest rates further and inject more cash into the system. Governor Alan Bollard said in a speech on Friday there was still room for bo
Published 01 Feb, 2009 12:00am
Brazilian real to slip

Brazilian real to slip

Brazil's currency will face a less stormy year than last but only begin to pick up lost ground to the dollar in the second half of 2009 on signs of an economic recovery, a Reuters poll showed. The Brazilian real may even be in for further losses in the fi
Published 01 Feb, 2009 12:00am
China woman infected by bird flu, recovering

China woman infected by bird flu, recovering

A 21-year-old woman has caught the H5N1 strain of bird flu in central China's Hunan Province but is recovering in hospital, the official Xinhua news agency said on Saturday. The farmer was found sick on January 23 after coming into contact with birds that
Published 01 Feb, 2009 12:00am
China halts use of diabetes drug after deaths

China halts use of diabetes drug after deaths

China's Ministry of Health has ordered doctors around the country to stop prescribing a diabetes drug after a fake batch of the medicine was linked to the deaths of two patients. The patients died in China's far western region of Xinjiang after taking cou
Published 01 Feb, 2009 12:00am
Cull planned to curb new India bird flu outbreak

Cull planned to curb new India bird flu outbreak

Authorities in an eastern Indian state will start culling thousands of chickens and ducks on Sunday to try to contain a fresh outbreak of the H5N1 strain of bird flu, officials said. West Bengal officials said they would begin killing poultry in two villa
Published 01 Feb, 2009 12:00am
Once-in-century Australian heatwave claims homes, lives

Once-in-century Australian heatwave claims homes, lives

Australia's second-largest city Melbourne was struggling to cope Saturday with a once-in-a-century heatwave that has claimed dozens of lives and sparked wildfires that have razed up to 20 homes. More than 500,000 houses and businesses in the city of five
Published 01 Feb, 2009 12:00am
Thousands of Rohingyas say death awaits them back home

Thousands of Rohingyas say death awaits them back home

Many of the thousands of stateless Rohingyas living in Bangladesh illegally or in migrant camps say they would rather die than be returned to Myanmar, where they say "only death awaits us".
Published 01 Feb, 2009 12:00am
Switzerland makes offer in row with Libya, Gaddafi son says

Switzerland makes offer in row with Libya, Gaddafi son says

Switzerland has made Libya an offer aimed at resolving a six-month row between the two countries, one of Libyan leader Moamer Gaddafi's sons, Seif al-Islam, said on Saturday. "Switzerland really wants to find a solution" to the stand-off that erupted over
Published 01 Feb, 2009 12:00am
Oxfam urges Obama to avert Afghan crisis

Oxfam urges Obama to avert Afghan crisis

International aid agency Oxfam Saturday urged US President Barack Obama to forge a new plan for Afghanistan to avert a major crisis at a "critical juncture" for the country. Security is plummeting and around five million Afghans, out of an estimated popul
Published 01 Feb, 2009 12:00am
UN envoy arrives in Myanmar, reform hopes slim

UN envoy arrives in Myanmar, reform hopes slim

United Nations envoy to Myanmar Ibrahim Gambari arrived in the army-ruled former Burma on Saturday in another bid to coax the junta and detained opposition leader Aung San Suu Kyi towards talks on political reform. Hopes of success are slim after six prev
Published 01 Feb, 2009 12:00am
California octuplets case dismays fertility experts

California octuplets case dismays fertility experts

The birth of octuplets in California, hailed as a medical triumph by doctors who delivered the tiny infants, has dismayed fertility experts who say high-number multiple births are an outcome they work hard to avoid.
Published 01 Feb, 2009 12:00am
Parties eye new Iceland government this weekend

Parties eye new Iceland government this weekend

Parties aiming to form a new centre-left government for crisis-hit Iceland said on Saturday they were hoping for a deal this weekend, though it might not come through until Sunday. The Social Democrats and Left-Green Party aim to take charge of Iceland af
Published 01 Feb, 2009 12:00am
Hundreds of Kurds storm Iraq election office

Hundreds of Kurds storm Iraq election office

Hundreds of Iraqi Kurds stormed an electoral commission office in north-east Iraq on Saturday claiming they were displaced residents of Khanaqin and demanding to vote, an official said. "The Kurds entered the election commission office and asked to vote b
Published 01 Feb, 2009 12:00am
Abbas rejects Hamas leader's call for new PLO

Abbas rejects Hamas leader's call for new PLO

Palestinian president Mahmud Abbas is leading a chorus of opposition to calls by rival Hamas supremo Khaled Meshaal for a new leadership to replace the Palestine Liberation Organisation. The Damascus-based Meshaal this week said that the PLO - which has l
Published 01 Feb, 2009 12:00am
Former-heavyweight boxer dies

Former-heavyweight boxer dies

Former world heavyweight boxing champion Ingemar Johansson, who famously beat Floyd Patterson for the title in 1959, has died, news reports said on Saturday. He was 76.The reports said that Johansson died on Friday in a nursing home in the small Swedish t
Published 01 Feb, 2009 12:00am
Inter-School Rowing Regatta final today

Inter-School Rowing Regatta final today

The finals of inaugural Inter-school Rowing Regatta will be held on Sunday (today) from 7am to 4pm, says a press release issued here on Saturday. For the first time, over 200 students from 12 schools in Pakistan are competing in a rowing regatta, organise
Published 01 Feb, 2009 12:00am
Bryan brothers win Open doubles title

Bryan brothers win Open doubles title

Bob and Mike Bryan won their seventh Grand Slam doubles title Saturday when they bounced back to crush Mahesh Bhupathi and Mark Knowles 2-6, 7-5, 6-0 in the Australian Open final. The American identical twins looked headed for defeat when the India and Ba
Published 01 Feb, 2009 12:00am
Hoffenheim back on top of Bundesliga

Hoffenheim back on top of Bundesliga

Hoffenheim went back to the top of the Bundesliga on Saturday with a 2-0 win over Energie Cottbus to prove they can cope without injured striker Vedad Ibisevic as their fairytale run continues. Having won consecutive promotions in consecutive seasons, Hof
Published 01 Feb, 2009 12:00am
Rain saves Afghanistan's World Cup dream

Rain saves Afghanistan's World Cup dream

Afghanistan's dreams of playing at the 2011 World Cup were saved by torrential rain which swept across the Argentine capital on Friday. Their final World Cricket League Division Three match against the Cayman Islands was abandoned when they were just 28 r
Published 01 Feb, 2009 12:00am
Arsenal, Villa stalemates hand United advantage

Arsenal, Villa stalemates hand United advantage

Aston Villa missed the chance to go second in the Premier League after being held to a goalless draw by Wigan on Saturday. Villa though stayed fourth and five points clear of Arsenal after the Gunners were also held to a 0-0 stalemate in a London derby at
Published 01 Feb, 2009 12:00am
Serena wins Australian Open title, takes No 1 ranking

Serena wins Australian Open title, takes No 1 ranking

Serena Williams thrashed Russia's Dinara Safina 6-0, 6-3 to win her fourth Australian Open title Saturday, bringing up her 10th Grand Slam and reclaiming the world number one ranking on the way. In one of the most lop-sided deciders ever, the American utt
Published 01 Feb, 2009 12:00am
Security Council reform talks to start in February

Security Council reform talks to start in February

Negotiations among the world's nations on the much disputed issue of expanding the UN Security Council from its long-standing membership of 15 states are set to start on February 19, officials said on Friday. Most countries agree that the body, whose comp
Published 01 Feb, 2009 12:00am
Five infants die in hospital blaze in India

Five infants die in hospital blaze in India

Five infants in a hospital incubation unit in northern India burnt to death Saturday when the facility caught fire, media reports said Saturday. The three boys and two girls were being treated for jaundice in the state-run facility in the northern city of
Published 01 Feb, 2009 12:00am
Indian comedy king dies

Indian comedy king dies

Indian comedy king Krishna Rao Nagesh, known as "India's Jerry Lewis", died Saturday at the age of 76, his family said. Nagesh, a diabetic who had been battling ill-health, died in hospital in the southern city of Chennai, the family said. He was a sought
Published 01 Feb, 2009 12:00am
Bollywood promoter in US gets seven years

Bollywood promoter in US gets seven years

A well-known Bollywood promoter and film producer from northern Virginia has been sentenced to seven years in prison for one of the largest bank fraud scams in the state's history. Vijay K. Taneja. of Fairfax, Virginia, was also ordered to pay $33 million
Published 01 Feb, 2009 12:00am
Afghanistan creates anti-insurgency force

Afghanistan creates anti-insurgency force

A special force is to be formed to boost security in areas of Afghanistan hit by a Taliban-led insurgency, the country's interior minister said Saturday. The paramilitary-style force, which will be funded by the US government, will operate under the comma
Published 01 Feb, 2009 12:00am
US aid group expelled from Darfur over Arabic bibles

US aid group expelled from Darfur over Arabic bibles

A US aid group has been expelled from Sudan's war-hit region of Darfur for having a stock of Arabic-language bibles, the official SUNA news agency reported on Saturday. The Texas-based "Thirst No More" humanitarian group's Internet website says its work i
Published 01 Feb, 2009 12:00am
Islamist cleric elected Somali president

Islamist cleric elected Somali president

Moderate Islamist leader Sheikh Sharif Sheikh Ahmed was elected Somalia's president Saturday, a development welcomed by many as a chance to break the political deadlock and curb raging civil violence. Hundreds of Mogadishu residents took to the streets to
Published 01 Feb, 2009 12:00am
Bush shoe-thrower sculpture given the boot in Iraq

Bush shoe-thrower sculpture given the boot in Iraq

A huge shoe sculpture honouring the Iraqi reporter who gained global fame by throwing his footwear at former US president George W. Bush has now been dismantled, an official told AFP on Saturday. "We have removed the shoe statue of Muntazer al-Zaidi, beca
Published 01 Feb, 2009 12:00am
Obama brother arrested over cannabis possession

Obama brother arrested over cannabis possession

US President Barack Obama's Kenyan half brother George was arrested on charges of possession of cannabis, police sources said Saturday. George Obama was arrested on Friday with cannabis, known locally as bhang, and was placed in custody, a senior police o
Published 01 Feb, 2009 12:00am
Police charge anti-Davos protesters

Police charge anti-Davos protesters

Police charged hundreds of demonstrators who converged on the centre of Geneva Saturday to protest against the World Economic Forum in defiance of a ban imposed by local authorities. Police used tear gas after being pelted with bottles and fireworks as th
Published 01 Feb, 2009 12:00am
Erdogan blames world for not 'giving Hamas a chance'

Erdogan blames world for not 'giving Hamas a chance'

Turkish Prime Minister Recep Tayyip Erdogan, in an exclusive interview Saturday in the Washington Post, blamed the policy of isolating the radical Islamst movement Hamas as a reason for the ongoing tensions in the Gaza Strip. Erdogan, who was Thursday the
Published 01 Feb, 2009 12:00am
Sheila urges women MPs for caucus to resolve females' grievances

Sheila urges women MPs for caucus to resolve females' grievances

Congresswoman Sheila Jackson Lee has underlined the need to formulate proper legislation aimed at resolving the issues faced by the women folk of the country. She said while addressing female journalists in a meeting held here at US Embassy on Saturday.
Published 01 Feb, 2009 12:00am
Train derails

Train derails

Train derailed near Khanewal on Saturday morning resulting in 21 passengers getting injured. According to details, Charsada Express was on its way to Karachi when four of its bogies derailed near Makhdoom Pur Pahoran, Khanewal. The injured were immediatel
Published 01 Feb, 2009 12:00am
Protest meeting held

Protest meeting held

A divisional protest meeting of brick kiln workers demanded of the chief minister to order local administration to get act upon government's notification under which brick kiln owners had been made bound to pay Rs 442 per 1000 bricks to the workers.
Published 01 Feb, 2009 12:00am
Shahbaz shows interest in uplift of Chiniot

Shahbaz shows interest in uplift of Chiniot

Punjab Chief Minister Mian Shahbaz Sharif was showing keen interest in the uplift work of Chiniot and also giving it the status of district, said PML-N Central Secretary General International Affairs Sheikh Kaiser Mehmood here on Saturday.
Published 01 Feb, 2009 12:00am
Wheat growers warned against excess use of urea

Wheat growers warned against excess use of urea

Punjab Agriculture Department has warned wheat growers to ensure correct application of urea on wheat, as its higher use will increase danger for its susceptibility to aphid (Taila). There is also a risk of falling of crop due to increase in its height, s
Published 01 Feb, 2009 12:00am
Global crisis shapes Berlin Film Festival program

Global crisis shapes Berlin Film Festival program

The Berlin Film Festival has never been shy of tackling the big issues of the day. And this year is no exception, with the major theme of next month's Berlinale program the global financial turmoil that has pushed the international economy into a major sl
Published 01 Feb, 2009 12:00am
Djibouti-Eritrea border: waiting game on forgotten frontline

Djibouti-Eritrea border: waiting game on forgotten frontline

Camped in dunes near the Eritrean border, Djibouti soldiers wait for the enemy on this largely forgotten frontline between two small African states -- on one of the world's busiest shipping lanes. "It's the waiting game that kills you, the rest is easy,"
Published 01 Feb, 2009 12:00am
Debate rages in US: will stimulus plan revive the economy?

Debate rages in US: will stimulus plan revive the economy?

With the US economy contracting 3.8 per cent in the last quarter and 2.6 million jobs being shed last year, economists and politicians of all stripes agree that the world's largest economy is in serious crisis. But arriving at solutions has proven to be f
Published 01 Feb, 2009 12:00am
Lessons to be learnt from Sri Lanka

Lessons to be learnt from Sri Lanka

Pakistan has to learn some good lessons from Sri Lanka and its Army, especially in dealing with terrorists. Tamil tigers are fighting for separate homeland in Sri Lanka for the last 30 years, using terrorist activities, including deadly suicide bombings a
Published 01 Feb, 2009 12:00am
Monetary Policy Statement: January - March 2009

Monetary Policy Statement: January - March 2009

Pakistan's economy has started to show signs of the beginning to an end of a year long period of mounting difficulties and challenges, yet it has not solved all of its problems. The ensuing vulnerabilities and risks posed complex policy questions that occ
Published 01 Feb, 2009 12:00am
Monetary Policy Statement: January - March 2009

Monetary Policy Statement: January - March 2009

Pakistan's economy has started to show signs of the beginning to an end of a year long period of mounting difficulties and challenges, yet it has not solved all of its problems. The ensuing vulnerabilities and risks posed complex policy questions that occ
Published 01 Feb, 2009 12:00am
Time for heavy reliance on renewable energy resources

Time for heavy reliance on renewable energy resources

Represented by Alternative Energy Development Board Chief Executive Arif Alauddin, Pakistan, together with some 100 countries across the globe, participated in the signing ceremony of the founding treaty of the International Agency for Renewable Resources
Published 01 Feb, 2009 12:00am
Time to ensure against cotton contamination

Time to ensure against cotton contamination

It is somewhat comforting to learn that in the thick of worsening quandary on the cotton front the Trading Corporation of Pakistan (TCP) has been prevailed upon so to amend its earlier published tender notice for procurement of 100,000 bales of cotton, as
Published 01 Feb, 2009 12:00am
Five convicts acquitted

Five convicts acquitted

A division bench of the Lahore High Court giving benefit of doubt, acquitted five convicts involved in murdering one Mohammad Akram alias Koka and his sister, Ruqayya Bibi during a dacotiy. An additional session judge, Shakargarh on June 12, 2003 had awar
Published 01 Feb, 2009 12:00am
Punjab provincial assembly summoned

Punjab provincial assembly summoned

Punjab Governor Salman Taseer has summoned the provincial assembly of the Punjab to meet on Monday, February 2, at 3:00 pm here in the provincial assembly chambers. Speaker Punjab Assembly, Rana Muhammad Iqbal Khan will preside over the session. According
Published 01 Feb, 2009 12:00am
USC enhances prices

USC enhances prices

Utility Stores Corporation (USC) have once again enhanced across the board prices of almost all the items. The utility stores are now selling ghee at Rs 96 per kilo instead of the earlier price of Rs 88, while the prices of other items on sale have also b
Published 01 Feb, 2009 12:00am
Pepco announces three hours cut in outages from February 2

Pepco announces three hours cut in outages from February 2

The daily 8 to 10 hours electricity load shedding in the urban and rural areas of the country will be reduced by three to four hours from tomorrow (Monday) as Tarbela and Mangla hydel power units will start generating 800 megawatt electricity after reopen
Published 01 Feb, 2009 12:00am
Oil companies criticised for not complying with concession agreements

Oil companies criticised for not complying with concession agreements

Elected representatives, civil society activists, environmentalists and development experts condemned the failure of the oil and gas exploration and producing companies to comply with the Petroleum Concession Agreement (PCA) between the Ministry and the c
Published 01 Feb, 2009 12:00am
Project launched to improve living conditions of poor

Project launched to improve living conditions of poor

Senior Minister, Raja Riaz Ahmad has said that a special project has been launched with an amount of Rs 360 million to improve the living conditions of the vulnerable strata in the districts of Lahore, Gujranwala, Faisalabad, Multan and Rawalpindi.
Published 01 Feb, 2009 12:00am
Technical training centres in Madaris on the cards: Tevta chief

Technical training centres in Madaris on the cards: Tevta chief

Chairman, Technical Education & Vocational Training Authority (Tevta) Mohsin Syed has said that Tevta planning to establish technical training centres at Deeni Madaris in phases throughout the Punjab province. He was addressing on the occasion of certific
Published 01 Feb, 2009 12:00am
US Congresswoman calls on Rehman

US Congresswoman calls on Rehman

US Congress-woman Sheila Jackson Lee Saturday called on Adviser to the Prime Minister on Interior Rehman Malik here at his residence. The meeting was held in a very cordial atmosphere, where the two sides discussed matters of mutual interest.
Published 01 Feb, 2009 12:00am
Seminar on role of women journalists

Seminar on role of women journalists

A seminar on the effective role of women journalists in strengthening democracy and democratic institutions would be held at a hotel on February 3. The day long moot would be held under the auspices of the Women Media Centre (WMC) in collaboration with th
Published 01 Feb, 2009 12:00am
Punjab AIG summoned in a murder case

Punjab AIG summoned in a murder case

The Lahore High Court (LHC) has summoned Additional Inspector General (AIG) (Investigation and Legal) Punjab, to a hearing on February 02 in a petition filed by one Abdul Razzad challenging investigation of a murder case of his son, Babar. The court also
Published 01 Feb, 2009 12:00am
LCCI urges SBP to cut interest rates

LCCI urges SBP to cut interest rates

The Lahore Chamber of Commerce and Industry (LCCI) has urged the State Bank of Pakistan (SBP) to immediately announce cut in interest rate, which is a prerequisite to enhance productivity.
Published 01 Feb, 2009 12:00am
Legal notice sent to Chief Justice

Legal notice sent to Chief Justice

A bar member, Tariq Aziz Malik has sent a legal notice to the Chief Justice (CJ) of Pakistan, Abdul Hameed Dogar requesting him to strictly follow the principles for appointment of superior court judges laid down by the apex court.
Published 01 Feb, 2009 12:00am
Political ballgame: PPP, PML-N, Q league flexing muscles

Political ballgame: PPP, PML-N, Q league flexing muscles

Three major political parties are re-shaping their strategies with a view to staying highly relevant to the fast moving political ballgame in the country. According to the well-paced sources in Pakistan Peoples Party (PPP), Pakistan Muslim League (Nawaz)
Published 01 Feb, 2009 12:00am
Centralised system for disbursement of Zakat soon

Centralised system for disbursement of Zakat soon

Federal Minister for Zakat and Ushr Noorul Haq Qadri has said that a centralised monitoring system will be evolved for equitable and transparent disbursement of Zakat among the needy and deserving people throughout the country very soon. In a statement is
Published 01 Feb, 2009 12:00am
'Government failed to wrap capital in high technology security foil'

'Government failed to wrap capital in high technology security foil'

The Federal Government has failed to launch the project concerning installation of high technology explosive detectors and monitors at all entry points of Islamabad to avoid any terrorist activity. Besides, it has not succeeded in activating the special f
Published 01 Feb, 2009 12:00am
Mega project for solid waste disposal shortly

Mega project for solid waste disposal shortly

The Environment Protection Agency (EPA) NWFP working on project for disposal of the solid waste materials from Peshawar valley and also from districts Charsadda and Nowshera with a Malaysian firm. This was stated by Director-General EPA NWFP Dr Muhammad B
Published 01 Feb, 2009 12:00am
Schedule for senate elections to be announced soon: Kanwar

Schedule for senate elections to be announced soon: Kanwar

Chief Election Commissioner will soon announce schedule for holding election on 50 vacant seats of the senate. Secretary Election Commission Kanwar Dilshad while talking to a TV channel, said that under the constitutional provision election to vacant sena
Published 01 Feb, 2009 12:00am
FPCCI election: Tariq, Munir congratulated on clean sweep

FPCCI election: Tariq, Munir congratulated on clean sweep

Businessman Panel (BP) NWFP President Fazal Elahi Khan has congratulated the central leaders of the Businessman Panel Tariq Sayeed and S M Munir on clean sweep in the elections of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and inf
Published 01 Feb, 2009 12:00am
Meeting reviews Swat operation

Meeting reviews Swat operation

The apex policy committee of the province, in a meeting at the Governor House, Peshawar on Friday reviewed the over all law and order situation in the NWFP as well as the ongoing operations in District Swat and in certain parts of Fata.
Published 01 Feb, 2009 12:00am
New Sabzi Mandi affairs: detailed report given to minister

New Sabzi Mandi affairs: detailed report given to minister

Advisor to Chief Minister, Sharmeela Farooqui, Saturday met Sindh Home Minister Dr Zulfikar Ali Mirza and presented him a detail report containing recommendations and proposals for maintaining law and order in New Sabzi Mandi. She prepared her report in t
Published 01 Feb, 2009 12:00am
Growers fear missing wheat target due to fertiliser shortage

Growers fear missing wheat target due to fertiliser shortage

Growers are fearing that the target set for the Rabi season cannot be achieved if they are not provided with sufficient quantity of urea fertiliser. Talking to Business Recorder on Saturday, a delegation of the growers of district Dadu said that th
Published 01 Feb, 2009 12:00am
'JUI-F can eliminate terrorism from Fata and Swat'

'JUI-F can eliminate terrorism from Fata and Swat'

Federal Minister for Science and Technology Muhammad Azam Khan Swati said with the co-operation of the Jamiat Ulama Islam(F), the government could eliminate terrorism from Swat and Federally Administered Tribal Areas(Fata). He was talking to media men dur
Published 01 Feb, 2009 12:00am
Sindh chief minister condoles the murder of Malik Shahid

Sindh chief minister condoles the murder of Malik Shahid

Sindh Chief Minister Syed Qaim Ali Shah has vehemently condemned the murder of Malik Shahid Imtiaz, Vice-President PPP Punjab. In a condolence message he expressed deep grief and sorrows over the tragic incident and prayed to Allah to rest the departed so
Published 01 Feb, 2009 12:00am
All resources being used for mega projects: minister

All resources being used for mega projects: minister

The Minister for Water and Power, Pervez Ashraf, on Saturday said that all resources were being utilised for mega development projects, and funds were being provided on priority basis. He said this while presiding over a meeting to review the development
Published 01 Feb, 2009 12:00am
President and Prime Minister condole death of Imtiaz Shahid

President and Prime Minister condole death of Imtiaz Shahid

President Asif Ali Zardari and Prime Minister Syed Yousuf Raza Gilani on Saturday expressed their deep sorrow and grief over the murder of former Vice President of Pakistan People's Party (PPP) Malik Imtiaz Shahid in Lahore.
Published 01 Feb, 2009 12:00am
Government to provide tractors on priority basis to Balochistan

Government to provide tractors on priority basis to Balochistan

"Federal Government will provide tractors on priority basis for the development of agriculture sector in Balochistan" stated Federal Minister for Food and Agriculture Nazar Mohammad Gondal while talking to the Balochistan Chief Minister Nawab Aslam Raisan
Published 01 Feb, 2009 12:00am
Amin stresses need for early conclusion of Doha Round

Amin stresses need for early conclusion of Doha Round

Commerce Minister Amin Fahim on Saturday called for early conclusion of the Doha Round, as "it will help control protectionism" by the developed world and lowering trade barriers so as to provide market access opportunities for Pakistan. Talking to DG WTO
Published 01 Feb, 2009 12:00am
Speedy disposal of revenue cases ordered

Speedy disposal of revenue cases ordered

The Divisional Commissioner, Zahid Saeed has directed the officers of Revenue department to ensure on spot inspection for speedy disposal of revenue cases and fulfil all the requirements of offering quick justice. He issued these directives while presidin
Published 01 Feb, 2009 12:00am
Punjab to procure 0.4 million tons more wheat this year

Punjab to procure 0.4 million tons more wheat this year

Punjab Food Department will have to procure 400,000 tons more wheat than its previous target, as the Ministry of Food, Agriculture and Livestock (Minfal) has requested Punjab government to provide an additional 400,000 tons wheat from the agreed quota of
Published 01 Feb, 2009 12:00am
'Welfare institutions run by banned religious outfits not to be closed'

'Welfare institutions run by banned religious outfits not to be closed'

Punjab Chief Minister Mian Shahbaz Sharif has categorically stated,"we would not close the religious seminaries, hospitals and other welfare institutions being run under the supervision of banned Jamaat-ud-dawah, Al-Rasheed Trust, and Jaish-i-Muhammad bec
Published 01 Feb, 2009 12:00am
Seminar on local government system held

Seminar on local government system held

The Institute of Management Sciences (IMS) held a seminar on "Local Government: Prospects and Problems in Pakistan" with a view to enhance an understanding about the Local Governance system in the masses. Hifz ur Rehman Secretary Local Government, Governm
Published 01 Feb, 2009 12:00am
EPA disapproves dualization of Garden Avenue

EPA disapproves dualization of Garden Avenue

Ministry of Environment has not given approval for 'Dualization of Garden Avenue' Shakarparian Road to Capital Development Authority (CDA). The Initial Environmental Examination (IEE) report was submitted by the Capital Development Authority (CDA) under I
Published 01 Feb, 2009 12:00am
Population increases at very fast rate: Dr Zafar

Population increases at very fast rate: Dr Zafar

The Department of Environmental Sciences, Arid Agriculture University Rawalpindi (AAUR) has initiated a research project on environmental impacts of Genetically Modified Organisms (GMOs). These views were expressed by Project Director of National Institut
Published 01 Feb, 2009 12:00am
No funds allocated: SIDC projects fail to take off

No funds allocated: SIDC projects fail to take off

The setting up of three important projects namely Sports Industries Development Centre (SIDC), Product Development Centre for Composite and Sialkot Business and Commerce Centre costing more than Rupees one billion are in doldrums as no funds are available
Published 01 Feb, 2009 12:00am
IHC's seven benches for next week

IHC's seven benches for next week

The Chief Justice of Islamabad High Court (IHC) has constituted five single benches and two division benches for the next week starting from February 2. Five single benches include Chief Justice Sardar Muhammad Aslam, Justice Muhammad Munir Peracha, Justi
Published 01 Feb, 2009 12:00am
36,370 cusecs water released from reservoirs

36,370 cusecs water released from reservoirs

Indus River System Authority (Irsa) on Saturday released 36,370 cusecs water from various rim stations. According to Irsa, an overall water inflow from various reservoirs recorded was 59,019 cusecs. Water level at Tarbela Dam was recorded at 1424.78 feet.
Published 01 Feb, 2009 12:00am
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