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Print - 2009-06-21
Carbon tax on kerosene oil, diesel may be abolished: Hina

Carbon tax on kerosene oil, diesel may be abolished: Hina

State Minister for Finance and Economic Affairs Hina Rabbani Khar on Saturday said that the government is considering to abolish carbon surcharge levied on kerosene oil and diesel in the recent budget. Briefing Senators in the upper house, she said that m
Published 21 Jun, 2009 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (June 20, 2009).

Published 21 Jun, 2009 12:00am
Carbon tax on kerosene oil, diesel may be abolished: Hina

Carbon tax on kerosene oil, diesel may be abolished: Hina

State Minister for Finance and Economic Affairs Hina Rabbani Khar on Saturday said that the government is considering to abolish carbon surcharge levied on kerosene oil and diesel in the recent budget. Briefing Senators in the upper house, she said that m
Published 21 Jun, 2009 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 20, 2009).

Published 21 Jun, 2009 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday June 22, 2009.

Published 21 Jun, 2009 12:00am
No power shortage next year: Pepco chief

No power shortage next year: Pepco chief

Pakistan Electric Power Company (Pepco) Managing Director Tahir Basharat Cheema has said that Pakistan will get out of the power shortage problem in next year, and added that expensive methodologies had been used in haste to get rid of the power deficit i
Published 21 Jun, 2009 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday June 22, 2009.

Published 21 Jun, 2009 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (June 20, 2009).

Published 21 Jun, 2009 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 20, 2009).

Published 21 Jun, 2009 12:00am
SBP asks banks for new limits under EFS

SBP asks banks for new limits under EFS

The State Bank of Pakistan, while asking the banks for new limits under Export Finance Scheme (EFS) for the next fiscal year, has extended the present limits of EFS for one month. Banks have been advised by the central bank to submit, by June 25, 2009, th
Published 21 Jun, 2009 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday June 22, 2009.

Published 21 Jun, 2009 12:00am
SBP asks banks for new limits under EFS

SBP asks banks for new limits under EFS

The State Bank of Pakistan, while asking the banks for new limits under Export Finance Scheme (EFS) for the next fiscal year, has extended the present limits of EFS for one month. Banks have been advised by the central bank to submit, by June 25, 2009, th
Published 21 Jun, 2009 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 20, 2009).

Published 21 Jun, 2009 12:00am
US freight train derails in fiery crash, 1 dead

US freight train derails in fiery crash, 1 dead

Tank cars loaded with thousands of gallons (liters) of highly flammable ethanol exploded in flames as a freight train derailed, killing one person and forcing the evacuation of hundreds of nearby homes. The cars continued burning Saturday morning and offi
Published 21 Jun, 2009 12:00am
US and China defence talks to focus on North Korea: official

US and China defence talks to focus on North Korea: official

Top US defence officials will urge China to support international pressure on North Korea in talks next week, a Pentagon official said on Friday. The US military delegation led by Michele Flournoy, under-secretary for defence, is due to visit Beijing on T
Published 21 Jun, 2009 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 20, 2009).

Published 21 Jun, 2009 12:00am
Banks asked for 2009-10 limit requirements under LTFF

Banks asked for 2009-10 limit requirements under LTFF

The State Bank of Pakistan on Saturday announced to continue the existing limit of Long-Term Financing Facility (LTFF) Scheme. In a communication addressed to all banks, it said that LTFF limits, sanctioned in favour of banks for the year 2008-09, are due
Published 21 Jun, 2009 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 20, 2009).

Published 21 Jun, 2009 12:00am
Banks asked for 2009-10 limit requirements under LTFF

Banks asked for 2009-10 limit requirements under LTFF

The State Bank of Pakistan on Saturday announced to continue the existing limit of Long-Term Financing Facility (LTFF) Scheme. In a communication addressed to all banks, it said that LTFF limits, sanctioned in favour of banks for the year 2008-09, are due
Published 21 Jun, 2009 12:00am
Banks asked for 2009-10 limit requirements under LTFF

Banks asked for 2009-10 limit requirements under LTFF

The State Bank of Pakistan on Saturday announced to continue the existing limit of Long-Term Financing Facility (LTFF) Scheme. In a communication addressed to all banks, it said that LTFF limits, sanctioned in favour of banks for the year 2008-09, are due
Published 21 Jun, 2009 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (June 20, 2009).

Published 21 Jun, 2009 12:00am
SBP asks banks for new limits under EFS

SBP asks banks for new limits under EFS

The State Bank of Pakistan, while asking the banks for new limits under Export Finance Scheme (EFS) for the next fiscal year, has extended the present limits of EFS for one month. Banks have been advised by the central bank to submit, by June 25, 2009, th
Published 21 Jun, 2009 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (June 20, 2009).

Published 21 Jun, 2009 12:00am
Textile sector under stress: PHMA zonal body

Textile sector under stress: PHMA zonal body

Exports of the country, particularly the textile sector is under great stress due to internal and external pressures. This was observed in the meeting of Zonal committee of Pakistan Hosiery Manufacturers Association (PHMA) held here on Saturday.
Published 21 Jun, 2009 12:00am
Australian Treasurer faces calls to resign

Australian Treasurer faces calls to resign

Australia's Treasurer Wayne Swan on Saturday faced calls to resign immediately over allegations that he and Prime Minister Kevin Rudd abused their power and misled parliament. But Swan hit back at the claims, dismissing them as a "smear campaign" by the o
Published 21 Jun, 2009 12:00am
Indian police take back eastern town from Maoists

Indian police take back eastern town from Maoists

Indian police on Saturday said they had regained control of a West Bengal town captured by Maoist rebels in one of the most brazen attacks in recent years that sparked unease among investors in the communist-ruled state. Marching behind an anti-landmine v
Published 21 Jun, 2009 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 20, 2009).

Published 21 Jun, 2009 12:00am
Dubai's Mashreq says Saudi exposure 'not significant'

Dubai's Mashreq says Saudi exposure 'not significant'

Dubai-based Mashreq, one the UAE's largest banks by market value, said it has taken legal action to protect its interests because of problems with Saudi clients, but that amounts involved were "not significant".
Published 21 Jun, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (June 20, 2009).

Published 21 Jun, 2009 12:00am
French Muslim group opposes study of full veils

French Muslim group opposes study of full veils

A leading French Muslim group spoke out Saturday against a proposed parliamentary study that could lead to a ban on full-body veils, warning it could deepen social rifts and threaten civil liberties. The French Council for the Muslim Religion urged Presid
Published 21 Jun, 2009 12:00am
Southern African leaders meet over Madagascar

Southern African leaders meet over Madagascar

Leaders of the Southern African Development Community met on Saturday to help restore political order in Madagascar after internationally mediated talks on the island collapsed earlier this week. Southern African leaders suspended Madagascar from the SADC
Published 21 Jun, 2009 12:00am
Rs 35.4 billion AJK budget shows Rs 4.7 billion deficit

Rs 35.4 billion AJK budget shows Rs 4.7 billion deficit

People-friendly, tax-free and development-oriented Azad Jammu and Kashmir budget for financial year 2009-10, with a total outlay of Rs 35.406 billion, was presented before the AJK Legislative Assembly here on Saturday. Presenting the budget, Finance Minis
Published 21 Jun, 2009 12:00am
Rs 35.4 billion AJK budget shows Rs 4.7 billion deficit

Rs 35.4 billion AJK budget shows Rs 4.7 billion deficit

People-friendly, tax-free and development-oriented Azad Jammu and Kashmir budget for financial year 2009-10, with a total outlay of Rs 35.406 billion, was presented before the AJK Legislative Assembly here on Saturday. Presenting the budget, Finance Minis
Published 21 Jun, 2009 12:00am
Rs 35.4 billion AJK budget shows Rs 4.7 billion deficit

Rs 35.4 billion AJK budget shows Rs 4.7 billion deficit

People-friendly, tax-free and development-oriented Azad Jammu and Kashmir budget for financial year 2009-10, with a total outlay of Rs 35.406 billion, was presented before the AJK Legislative Assembly here on Saturday. Presenting the budget, Finance Minis
Published 21 Jun, 2009 12:00am
The Weather

The Weather

The weather report on Saturday (June 20, 2009) and the forecast for Sunday (June 21, 2009).

Published 21 Jun, 2009 12:00am
Rs 35.4 billion AJK budget shows Rs 4.7 billion deficit

Rs 35.4 billion AJK budget shows Rs 4.7 billion deficit

People-friendly, tax-free and development-oriented Azad Jammu and Kashmir budget for financial year 2009-10, with a total outlay of Rs 35.406 billion, was presented before the AJK Legislative Assembly here on Saturday. Presenting the budget, Finance Minis
Published 21 Jun, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (June 20, 2009).

Published 21 Jun, 2009 12:00am
Father's Day today

Father's Day today

Father's day will be celebrated across the country on June 21 (today) for expressing love and affection to the fathers and thank them for their life long contribution in upbringing their children. Fathers Day is one of the special day when people irrespec
Published 21 Jun, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (June 20, 2009) and for Sunday (June 21, 2009).
Published 21 Jun, 2009 12:00am
Irsa releases 229,376 cusecs water

Irsa releases 229,376 cusecs water

Indus River System Authority (Irsa) on Saturday released 229,376 cusecs water from various rim stations. According to Irsa, an overall water inflow from various reservoirs recorded was 2,26,954 cusecs. Water level at Tarbela Dam recorded was at 1374.52 fe
Published 21 Jun, 2009 12:00am
Russia ready to reduce nuclear arms: Medvedev

Russia ready to reduce nuclear arms: Medvedev

Russia is ready to significantly reduce its nuclear arms, President Dmitry Medvedev said on Saturday ahead of scheduled talks on the topic with US President Barack Obama. "We are ready to reduce the number of our strategic defence arms several times compa
Published 21 Jun, 2009 12:00am
Russia ready to reduce nuclear arms: Medvedev

Russia ready to reduce nuclear arms: Medvedev

Russia is ready to significantly reduce its nuclear arms, President Dmitry Medvedev said on Saturday ahead of scheduled talks on the topic with US President Barack Obama. "We are ready to reduce the number of our strategic defence arms several times compa
Published 21 Jun, 2009 12:00am
Pakistan and China ECG to meet in August

Pakistan and China ECG to meet in August

The Economic Co-operation Group (ECG) of Pakistan and China for the implementation of Joint Five Year Programme for Trade and Economic Co-operation will be held in coming August. The two sides also agreed to convene Joint Economic Commission meeting in ne
Published 21 Jun, 2009 12:00am
Prices of cigarettes go up in twin cities

Prices of cigarettes go up in twin cities

The prices of cigarettes have gone up after 10 percent increase in federal excise duty on various brands of cigarettes from June 13, 2009. Soon after the announcement made by the government in budget 2009-10 to increase excise duty shopkeepers increased t
Published 21 Jun, 2009 12:00am
Waqar meets members of business community in Hong Kong

Waqar meets members of business community in Hong Kong

Federal Minister for Investment, Senator Waqar Ahmad Khan, who is on a state visit to China and Hong Kong for a week, visited Hong Kong and met business community to attract investment. Senator Waqar Ahmad Khan apprised them about the investment opportuni
Published 21 Jun, 2009 12:00am
EU assured 100 million euros support for Pakistan: Zardari

EU assured 100 million euros support for Pakistan: Zardari

President Asif Ali Zardari has said that European Union responded in "a very positive manner" and assured Pakistan financial support of 100 million euros. Addressing a meeting on Saturday at Bilawal House here, the President, who returned on Friday from B
Published 21 Jun, 2009 12:00am
Pakistan has good investment prospects: Dutch envoy

Pakistan has good investment prospects: Dutch envoy

The Netherlands is the fourth largest EU investor in Pakistan, despite being a small country with a population of only 16 million people. This was said by Marc Mazairac, Deputy Head of Economic Affairs of the Embassy of the Kingdom of the Netherlands at a
Published 21 Jun, 2009 12:00am
Prime Minister convenes meeting to decide local government system's fate

Prime Minister convenes meeting to decide local government system's fate

Prime Minister, Syed Yousuf Raza Gilani, has summoned a high level meeting on 23rd of June to decide the future of local government system. Sources said that the Ministers of Local Government of four provinces along with their Secretaries have been invite
Published 21 Jun, 2009 12:00am
Black marketing of cigarettes at its peak in Sialkot

Black marketing of cigarettes at its peak in Sialkot

Black marketing of cigarettes of various brands is at its peak in Sialkot and other parts of Sialkot district from which agency holders and vendors were minting money by fleecing smokers. Cigarettes of different bands were being sold at very high prices a
Published 21 Jun, 2009 12:00am
Prime Minister for keeping off ACs from 8am to 11pm

Prime Minister for keeping off ACs from 8am to 11pm

The Prime Minister has directed concerned authorities to keep air conditioners of all public sector offices off from 0800 to 1100 hours, says a press release issued on Saturday. Ministry of Water and Power accordingly has directed all the organisations wo
Published 21 Jun, 2009 12:00am
Jamali urges to review capital security plan

Jamali urges to review capital security plan

Senate Deputy Chairman Jan Muhammad Khan Jamali Saturday called for a review of the security plan in the capital as the issue was raised in the House. Jamali said Interior Minister Rehman Malik and Inspector General Police Islamabad should consider review
Published 21 Jun, 2009 12:00am
Water and sanitation diseases costing Rs 112 billion annually: minister

Water and sanitation diseases costing Rs 112 billion annually: minister

Federal Environment Minister, Hameed Ullah Jan Afridi, has said that water and sanitation diseases cost Rs 112 billion per annum to the national exchequer; hence national drinking water policy has been finalised and will soon be presented for cabinet appr
Published 21 Jun, 2009 12:00am
Fehmida calls for forging unity to face challenges

Fehmida calls for forging unity to face challenges

Speaker National Assembly Dr Fehmida Mirza has said that Shaheed Mohtarama Benazir Bhutto was a visionary leader and a stateswoman who always aspired for a world, free from exploitation and discrimination between privileged and under-privileged, and man a
Published 21 Jun, 2009 12:00am
Plan underway to increase fish production in AJK

Plan underway to increase fish production in AJK

Government of Azad Jammu and Kashmir (AJK) is working on a comprehensive plan in collaboration with the private sector for enhancing fish production, official sources said. Sources said that under a recent agreement between the government and the private
Published 21 Jun, 2009 12:00am
SCBA decides to form lawyer's welfare society

SCBA decides to form lawyer's welfare society

Supreme Court Bar Association (SCBA) on Saturday decided to form a lawyer's welfare society.President SCBA Ali Ahmed Kurd talking to reporters after chairing a meeting of SCBA executive committee said that the details of the proposed society would be made
Published 21 Jun, 2009 12:00am
IHC benches for next week

IHC benches for next week

The Chief Justice of Islamabad High Court has constituted eight single benches and four division benches to hear a number of cases in the next week starting from June 22. The single benches include Chief Justice M. Bilal Khan, Justice Mohammad Munir Perac
Published 21 Jun, 2009 12:00am
36 judicial officers transferred, posted in PHC

36 judicial officers transferred, posted in PHC

The Chief Justice of Peshawar High Court (PHC) has transferred and posted 36 judicial officers with immediate effect in the large interest of public service. According to an order of Peshawar High Court here on Saturday, Senior Civil judge, Muhammad Azam
Published 21 Jun, 2009 12:00am
Rs 220 million earmarked for basic facilities in 926 schools

Rs 220 million earmarked for basic facilities in 926 schools

At the behest of the Punjab Chief Minister, Mian Shahbaz Sharif, the provincial government has allocated Rs 220 million, under the Education Sector Reforms Programme, for the provision of missing basic facilities in the government schools and electrifying
Published 21 Jun, 2009 12:00am
Fauzia urges nation to follow Benazir's ideas

Fauzia urges nation to follow Benazir's ideas

The best way to pay tribute to Shaheed Mohtarma Benazir Bhutto on her birth anniversary is to renew commitments to follow her thought and revolutionary ideas for the country's progress, Central Secretary Information, Pakistan People's Party (PPP) Fauzia W
Published 21 Jun, 2009 12:00am
Birth anniversary of Benazir today

Birth anniversary of Benazir today

Acting Secretary Information, Pakistan Peoples Party (PPP), Sindh, Waqar Mehdi on Saturday said that the 56th birthday anniversary of Shaheed Mohtarma Benazir Bhutto will be celebrated with respect and devotion on June 21. In a statement issued here, he s
Published 21 Jun, 2009 12:00am
'Productivity of livestock sector low'

'Productivity of livestock sector low'

Productivity of the livestock sector in Pakistan is low compared with international markers, in terms of both meat and milk output. However, given the wide participation of small operators, developing this sector could provide an important source of incre
Published 21 Jun, 2009 12:00am
CDA deputy director general environment suspended

CDA deputy director general environment suspended

Chairman, Capital Development Authority, Tariq Mahmood Khan, on Saturday suspended Deputy Director General (Environment Wing), Malik Aulya. According to a press release Malik Aulya Khan was suspended on account of negligence in performance of his duties.
Published 21 Jun, 2009 12:00am
Education funds raised by 50 percent: Bijarani

Education funds raised by 50 percent: Bijarani

Federal Minister for Education Mir Hazar Khan Bijarani on Saturday said the budgetary allocation for Education sector had been raised by 50 percent this year and it would be enhanced further next year. In an exclusive talk with the APP here at the Parliam
Published 21 Jun, 2009 12:00am
Technical education: Zakat Council releases Rs 91.602 million

Technical education: Zakat Council releases Rs 91.602 million

Central Zakat Council of the Ministry of Zakat and Ushr has released Rs 91.602 million from Zakat fund as first instalment of stipends for promotion of technical education in the far flung and backward areas in the province of Sindh for the year 2008-09.
Published 21 Jun, 2009 12:00am
PBM distributes Rs five million among displaced Sikhs

PBM distributes Rs five million among displaced Sikhs

Pakistan Bait-ul-Mall (PBM) distributed over Rs 5 million among the 500 families of Sikh, Internally Displaced Persons (IDPs) at Hassanabdal on Saturday. The Sikh families were also among the displaced people of Swat and Malakand division, during the full
Published 21 Jun, 2009 12:00am
Automotive industry: 'budget proposals to lead to colossal roll back'

Automotive industry: 'budget proposals to lead to colossal roll back'

Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAP&AM), expressing its grave concern over Federal Budget 2009-10, said, 'the measures proposed in the budget would lead to colossal roll back in automotive industry, as it has allowed
Published 21 Jun, 2009 12:00am
Government decides to organise 'quick reaction unit'

Government decides to organise 'quick reaction unit'

The government has decided to organise a Quick Reaction Unit (QRU) on war footing for a more proactive and timely response in case of any situation where internal security is being jeopardised by anti-social or anti-state elements. This was stated by Capi
Published 21 Jun, 2009 12:00am
Automotive industry: 'budget proposals to lead to colossal roll back'

Automotive industry: 'budget proposals to lead to colossal roll back'

Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAP&AM), expressing its grave concern over Federal Budget 2009-10, said, 'the measures proposed in the budget would lead to colossal roll back in automotive industry, as it has allowed
Published 21 Jun, 2009 12:00am
NH&MP planning to set up driving schools: IG

NH&MP planning to set up driving schools: IG

Latest stress management techniques coupled with advance driving track are being build at zonal level to impart comprehensive driving training among the drivers to curb the tendency of road rage and careless driving in the country. Inspector General (IG),
Published 21 Jun, 2009 12:00am
PML-Q playing role of constructive opposition: Elahi

PML-Q playing role of constructive opposition: Elahi

Pakistan Muslim League-Quaid (PML-Q) central leader Chaudhry Pervez Elahi on Saturday said that his party has set a new tradition by playing the role of 'constructive opposition'. He said this while talking to a delegation of Ulema led by Muttahida Jamiat
Published 21 Jun, 2009 12:00am
NTC postpones public hearing

NTC postpones public hearing

The National Tariff Commission has postponed holding of public hearing on review of Tariff Structure of indigenous industry manufacturing Phthalic Anhydrine (PA) PCT No 2917.3500.
Published 21 Jun, 2009 12:00am
Four motions tabled by opposition Senators rejected

Four motions tabled by opposition Senators rejected

The Senate rejected a motion tabled by opposition Senators on Saturday to freeze the defence budgetary allocations for the upcoming financial year at the amount of revised budget estimates for 2008-09. The motion was jointly moved by Senators Professor Kh
Published 21 Jun, 2009 12:00am
Durrani wants for Bahawalpur status of province

Durrani wants for Bahawalpur status of province

Former Minister for Information and Broadcasting Senator Muhammad Ali Durrani Saturday deplored the 'negligible allocations' in the Federal and Punjab budgets for Southern Punjab saying the rebuff of even a single mega-project reflected the 'commitment' o
Published 21 Jun, 2009 12:00am
Hazrat Amir Khusro Urs to begin on 5 October

Hazrat Amir Khusro Urs to begin on 5 October

The annual Urs of Hazrat Amir Khusro (RA) will start from October 5, 2009 that will continue till October 12, 2009 in Delhi. According to a press issued by the Ministry of Religious Affairs, interested Zaireen may submit their applications to Assistant Di
Published 21 Jun, 2009 12:00am
NWFP government to fix special targets for departments

NWFP government to fix special targets for departments

The provincial government of NWFP has decided to convene a meeting of the administrative secretaries of all the departments in the province. During the meeting the administrative secretaries would be given special targets for achievement during the financ
Published 21 Jun, 2009 12:00am
MPs to accompany repatriating IDPs

MPs to accompany repatriating IDPs

Managing Director (MD), Pakistan Bait-ul-Maal (PBM), Zamrud Khan has said that he, along with other parliamentarians, will accompany the first group of dislocated people of Malakand Division who will return to their homes after the completion of military
Published 21 Jun, 2009 12:00am
Army distributes relief goods among IDPs

Army distributes relief goods among IDPs

Army Karachi Corps distributed relief goods among IDPs here at the Army Relief Center, Rashid Minhas Road, here Saturday morning. A large number of IDPs received the aid. This family package for two weeks contains rice, wheat flour, sugar, cooking oil alo
Published 21 Jun, 2009 12:00am
Benazir Tractor Scheme: pros and cons

Benazir Tractor Scheme: pros and cons

The Benazir Tractor Scheme (BTS) under which the government will provide 20,000 tractors to subsistence farmers at subsidised rates, is a timely and useful initiative that will not only help the small farmers, it will also substantially contribute towards
Published 21 Jun, 2009 12:00am
Young lawyer commits suicide

Young lawyer commits suicide

A young lawyer committed suicide here on Saturday, City Police said. According to SHO City Police, Shazad Chaudhry, Shahid Mahmood Malik Advocate committed suicide by shooting himself with a pistol. The reason behind this incident could not be ascertained
Published 21 Jun, 2009 12:00am
OMCs to make automatic adjustments in oil prices?

OMCs to make automatic adjustments in oil prices?

The government is reportedly considering a proposal to exclude its role in fixing oil prices in the wake of withdrawal of oil subsidy, and instead authorise the oil marketing companies (OMCs) to make automatic adjustment in oil prices, in line with the gl
Published 21 Jun, 2009 12:00am
Textile sector's woes

Textile sector's woes

The new textile policy is likely to be announced in a couple of weeks at a time when the textile sector is on the verge of collapse due to global as well as domestic economic crises. Some of the textile units have already closed down and the rest are faci
Published 21 Jun, 2009 12:00am
Punjab budget - realistic or ambitious?

Punjab budget - realistic or ambitious?

Punjab budget for the financial year 2009-10, presented at a time when the country is facing the Taliban imbroglio and dithering law and order situation, has become prime concern, manifests the political priorities and the governance agenda of Shahbaz adm
Published 21 Jun, 2009 12:00am
Punjab budget - realistic or ambitious?

Punjab budget - realistic or ambitious?

Punjab budget for the financial year 2009-10, presented at a time when the country is facing the Taliban imbroglio and dithering law and order situation, has become prime concern, manifests the political priorities and the governance agenda of Shahbaz adm
Published 21 Jun, 2009 12:00am
Dutch anti-squatting business thrives amid economic crisis

Dutch anti-squatting business thrives amid economic crisis

Guido, a penniless student, could hardly believe his luck when offered lodging in the heart of Amsterdam at a fraction of the going rate as property owners desperately fend off squatters. He smiled upon arriving recently, key in hand, at his new, temporar
Published 21 Jun, 2009 12:00am
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