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Print - 2009-06-27
Thousands rally in Afghan capital to support Karzai

Thousands rally in Afghan capital to support Karzai

Tens of thousands of Afghans gathered in central Kabul on Friday to support President Hamid Karzai in the first big rally to be held before elections on August 20. Thousands of people, many of them ethnic Hazaras who once opposed Karzai, spilled into the
Published 27 Jun, 2009 12:00am
Iranian cleric says 'rioters' should be executed

Iranian cleric says 'rioters' should be executed

A hard-line Iranian cleric called on Friday for the execution of leading "rioters" to teach a lesson to the thousands who have protested against the June 12 presidential election result. Iran's top legislative body, the Guardian Council, said it had found
Published 27 Jun, 2009 12:00am
19 dead, dozens injured in Baghdad bomb blast

19 dead, dozens injured in Baghdad bomb blast

At least 19 people were killed and 47 injured Friday when a motorbike-mounted bomb exploded in central Baghdad, another in a series of deadly explosions to rip through the Iraqi capital in the past few days. Sources told the German Press Agency dpa, that
Published 27 Jun, 2009 12:00am
Russia says US-led forces should stem Afghan heroin

Russia says US-led forces should stem Afghan heroin

A top Russian drugs official said on Friday Moscow should stop the transport of cargo across its territory to US-led forces in Afghanistan if they do not do more to cut the flow of heroin to Russia. Earlier this year, Russia and its former Soviet allies i
Published 27 Jun, 2009 12:00am
Somalis create world's largest refugee camp

Somalis create world's largest refugee camp

The bloody conflict in Somalia has created the world's largest refugee camp, with 500 hungry and exhausted refugees pouring into this wind-swept camp in neighbouring Kenya every day, the UN refugee agency said Friday. Dadaab, just 50 miles (80 kilometers)
Published 27 Jun, 2009 12:00am
US to continue security cooperation with Taiwan: envoy

US to continue security cooperation with Taiwan: envoy

The US will continue maintaining its security co-operation agreement with Taiwan despite Beijing's call for it to cancel a planned arms sale to the island, its top envoy here said Friday. "Under the Taiwan Relations Act and our long-standing practice, we
Published 27 Jun, 2009 12:00am
US and Russia to sign military pact

US and Russia to sign military pact

The United States and Russia will sign a military co-operation agreement when US President Barack Obama visits in July, Moscow's top military commander said Friday after meeting his US counterpart. The announcement reflects warming ties between Moscow and
Published 27 Jun, 2009 12:00am
Sterling rises

Sterling rises

Sterling rose on Friday, supported by broad weakness in the dollar, while a modification in the Bank of England's asset-buying programme also helped to boost demand for the UK currency. Helping the pound was a fall in the dollar, which was stung as optimi
Published 27 Jun, 2009 12:00am
Euro interbank rates continue to fall after ECB tender

Euro interbank rates continue to fall after ECB tender

Deposits at the European Central Bank rocketed overnight as markets absorbed a record injection of funds, while other central banks extended liquidity schemes, highlighting the still fragile state of bank-to-bank lending. Eurozone banks are flush with cas
Published 27 Jun, 2009 12:00am
Dollar slides broadly in London

Dollar slides broadly in London

The dollar fell against a basket of currencies on Friday after a series of global liquidity measures boosted investor sentiment, while higher equities and commodity prices further pressured the greenback. Investors shifted back into riskier assets after t
Published 27 Jun, 2009 12:00am
Indian rupee moves up

Indian rupee moves up

The Indian rupee rose to its highest in a week on Friday, as gains in equities supported expectations of capital inflows into Asia's third-biggest economy, and a weaker dollar overseas also bolstered sentiment. The partially convertible rupee ended at 48.
Published 27 Jun, 2009 12:00am
Thai shares gain

Thai shares gain

The Thai stock market gained 0.88 percent Friday led by gains in energy stocks and in line with the regional trend, an analyst said. The Stock Exchange of Thailand (SET) composite index rose 5.20 points to close at 595.80, and the blue chip SET-50 index w
Published 27 Jun, 2009 12:00am
European CDS indices edge wider

European CDS indices edge wider

European credit derivatives indexes edged wider on Friday, tracking small declines in US and European equity markets as investors became more cautious in their expectations for economic recovery. However, spreads ended little changed for the week after zi
Published 27 Jun, 2009 12:00am
Friday's early afternoon trade: Dow Jones, S&P slip

Friday's early afternoon trade: Dow Jones, S&P slip

The Dow and the S&P 500 fell on Friday as a jump in the savings rate indicated that the debt-burdened consumer may not drive the economy out of recession as fast as hoped, and a slide in crude futures prompted investors to sell some energy shares. Nasdaq
Published 27 Jun, 2009 12:00am
European CDS indices edge wider

European CDS indices edge wider

European credit derivatives indexes edged wider on Friday, tracking small declines in US and European equity markets as investors became more cautious in their expectations for economic recovery. However, spreads ended little changed for the week after zi
Published 27 Jun, 2009 12:00am
Indian shares jump 2.92 percent

Indian shares jump 2.92 percent

Indian shares jumped 2.92 percent on Friday, led by global markets and strong fund buying in index-heavyweights after a recent dip in prices, dealers said. The benchmark 30-share Sensex rose 419.02 points to 14,764.64. The markets rose on hopes of growth-
Published 27 Jun, 2009 12:00am
UK's top share index falls

UK's top share index falls

London's top share index closed 0.3 percent weaker on Friday, as declines among miners, weighed down by comments from the Chinese central bank's financial stability report, and oils offset retailers' gains. The FTSE 100 fell 11.56 points to 4,241.01, retr
Published 27 Jun, 2009 12:00am
New York cotton futures ease

New York cotton futures ease

Cotton futures settled softer on Friday on investor sales as players positioned themselves before release of a key government plantings report due out next week, brokers said. The new-crop December cotton contract eased 0.65 cent to settle at 56.84 cents
Published 27 Jun, 2009 12:00am
Copper descends

Copper descends

Copper fell on Friday as investors looked beyond a batch of positive US data and focused on signs consumers continued to be frugal, while weak metals market fundamentals also weighed on prices. Copper for three-month delivery on the London Metal Exchange
Published 27 Jun, 2009 12:00am
Oil drops on Nigeria amnesty report

Oil drops on Nigeria amnesty report

Oil prices fell more than a dollar on Friday, pressured by weakness on Wall Street and news top African oil producer Nigeria would halt a battle with rebels in its energy-rich Niger Delta. US crude oil fell $1.07 to settle at $69.16 a barrel. London Brent
Published 27 Jun, 2009 12:00am
London sugar, coffee and cocoa down

London sugar, coffee and cocoa down

August white sugar closed $4.80 lower at $447.10 a tonne on Friday, as the market pulled back from contract highs on investor selling. September robusta coffee settled $19 lower at $1,294 per tonne, remaining under pressure after its steep fall during the
Published 27 Jun, 2009 12:00am
Gold pares gains in Europe

Gold pares gains in Europe

Gold cut early gains on Friday, losing some of its upward momentum after data showed US consumer confidence rose more than expected in June, paring the metal's appeal as an insurance premium against uncertainty. Earlier gold hit a two-week high above $948
Published 27 Jun, 2009 12:00am
US MIDDAY: soyabeans surpass $12

US MIDDAY: soyabeans surpass $12

Chicago Board of Trade soyabean futures for July delivery surpassed $12 a bushel early on Friday on a weaker dollar and tight US stocks, traders said. But soyabeans slipped from their early highs as crude oil weakened. July soya was up 5-1/2 cents at $12.
Published 27 Jun, 2009 12:00am
US MIDDAY: coffee, sugar and cocoa lower

US MIDDAY: coffee, sugar and cocoa lower

Summaries of the ICE Futures US cocoa, coffee and sugar markets early on Friday. September arabica coffee contract down 1.00 cent to $1.1925 per lb at 11:10 am EDT (1510 GMT). Session range from $1.1910 to $1.2090. Continued to move sideways, although the
Published 27 Jun, 2009 12:00am
US MIDDAY: copper plunges

US MIDDAY: copper plunges

US copper futures erased early gains and dipped into negative territory early Friday, tracking a weaker tone on Wall Street and possibly setting up for further profit-taking losses ahead of the quarter's end next week. Copper for September delivery slippe
Published 27 Jun, 2009 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

US gold futures rose toward $950 an ounce Friday as the dollar slipped against the euro, but weakening investment demand could pressure prices in the near term. August gold up $2.50 at $942 an ounce at 10:01 am EDT (1401 GMT) on the COMEX division of the
Published 27 Jun, 2009 12:00am
Complete strike in IHK against state terrorism

Complete strike in IHK against state terrorism

Complete strike is being observed throughout the valley, on Friday, against the stepped up Indian state terrorism in occupied Kashmir. According to Kashmir Media Service, the occupation authorities have sealed all the downtown localities of occupied Srina
Published 27 Jun, 2009 12:00am
Nazim Multan presents Rs 7521.3 million surplus budget

Nazim Multan presents Rs 7521.3 million surplus budget

City District Government Multan has approved the resolution of creation of fifth federating unit of Southern Punjab unanimously and all the 188 members gave vote in its favour. This resolution was presented by a member Hafiz Allah Ditta Kashif advocate in
Published 27 Jun, 2009 12:00am
Pakistan-origin recipients of Queen's Birthday Honours felicitated

Pakistan-origin recipients of Queen's Birthday Honours felicitated

Pakistan's High Commissioner to the UK Wajid Shamsul Hasan has felicitated the Pakistan-origin recipients of the 2009 British Queen's Birthday Honour. In special messages of felicitation, Hasan lauded the sterling contributions of the members of Pakistani
Published 27 Jun, 2009 12:00am
Nazim Multan presents Rs 7521.3 million surplus budget

Nazim Multan presents Rs 7521.3 million surplus budget

City District Government Multan has approved the resolution of creation of fifth federating unit of Southern Punjab unanimously and all the 188 members gave vote in its favour. This resolution was presented by a member Hafiz Allah Ditta Kashif advocate in
Published 27 Jun, 2009 12:00am
Pesco launches recovery campaign against defaulters

Pesco launches recovery campaign against defaulters

Peshawar Electric Supply Company (Pesco) has started recovery campaign against defaulters throughout NWFP with an objective to recover all their pending dues and outstanding arrears. "Pesco has asked the defaulter government and private customers to depos
Published 27 Jun, 2009 12:00am
35 percent keep favourable view of globalisation: Gallup

35 percent keep favourable view of globalisation: Gallup

Majority of Pakistanis (35 percent) have favourable views about globalisation, a sizeable percentage think it is neither good nor bad (28 percent) or simply have not formed a view yet (24 percent), said Gallup survey on Friday. According to a survey, desp
Published 27 Jun, 2009 12:00am
Concern voiced over increase in power tariff

Concern voiced over increase in power tariff

Former Punjab Minister for Industries and Ex-President of Multan Chamber of Commerce and Industry (MCCI), Khawaja Muhammad Jalal-uddin Roomi, has expressed concern over government's agreement with the International Monetary Fund (IMF) to increase power ta
Published 27 Jun, 2009 12:00am
Heirs of victims compensated: sewage disposal well mishap

Heirs of victims compensated: sewage disposal well mishap

The heirs of seven victims of sewage disposal well mishap here on Wednesday were given compensation cheques by the DCO on Friday. The heirs of ill-fated tube-well operator Muhammad Ajmal, who was electrocuted and drowned alongwith six others in Fazal Colo
Published 27 Jun, 2009 12:00am
Hafiz Saeed condoles Mian Tufail's death

Hafiz Saeed condoles Mian Tufail's death

Central leaders of Jamaat-ud-Daawa Pakistan have condoled over the death of former Amir of Jamaat-i-Islami Mian Tufail Muhammad. In separate condolence messages, Amir Jamaat-ud-Dawa Professor Hafiz Muhammad Saeed, Central leader Hafiz Abdul Rehman Makki,
Published 27 Jun, 2009 12:00am
Accused of blasphemy slaughtered in Dera Ghazi Khan Jail

Accused of blasphemy slaughtered in Dera Ghazi Khan Jail

A condemned prisoner has allegedly murdered an accused of blasphemy in the District Jail Dera Ghazi Khan. Jail Superintendent Shaikh Muhammad Nadeem said a condemned prisoner Muhammad Akbar allegedly slaughtered an under trial prisoner Bashir Ahmed with a
Published 27 Jun, 2009 12:00am
'Prisoners be given all necessary facilities'

'Prisoners be given all necessary facilities'

The district and sessions judge said on Friday that prisoners should be given all necessary facilities as per entitlement. He was chairing a meeting of district justice and criminal committee, said that prisoners must get all facilities according to their
Published 27 Jun, 2009 12:00am
PR gets major contract to rehabilitate Sri Lankan railway

PR gets major contract to rehabilitate Sri Lankan railway

Pakistan Railways will rehabilitate 250 km long rail track damaged in civil war in Sri Lanka besides carrying out a project for improving Sri Lankan Railways' rolling stock. Presiding a meeting of Pakistan Railways Advisory and Consultancy Services (PRACS
Published 27 Jun, 2009 12:00am
Pakistan calls for urgent steps to alleviate world poor's problems

Pakistan calls for urgent steps to alleviate world poor's problems

Decrying a world economic order that had marginalised the poor and led to a grave financial crisis, Pakistan on Thursday urged swift measures to restructure international finance institutions and forge policies that addressed human security.
Published 27 Jun, 2009 12:00am
Mangla Dam victims get Rs 37 billion against loss of built-up property

Mangla Dam victims get Rs 37 billion against loss of built-up property

At least Rs 37 billion, out of earmarked Rs 47 billion, have so far been disbursed among the affectees of the ongoing Mangla Dam raising project as award against their immoveable/built-up property affected during the raising of the country's second bigges
Published 27 Jun, 2009 12:00am
Doors to dictatorship closed forever: Bokhari

Doors to dictatorship closed forever: Bokhari

Leader of the House in Senate Nayyar Hussain Bokhari said that doors to dictatorship have been closed forever as political forces have joined their hands to make Pakistan a strong and stable democracy. Addressing the traders' convention here, he said that
Published 27 Jun, 2009 12:00am
Security sans sense

Security sans sense

The main post office in Gulistan-e-Jauhar, Karachi, has been located in its residential area of Block-l4 and one cannot reach it easily. Number of times requests of the people have appeared in the local press to shift the post office from its obscurity to
Published 27 Jun, 2009 12:00am
Jackson's love-hate relationship with the camera

Jackson's love-hate relationship with the camera

Some superstars love the cameras. Some hate them. But few have ever provided them as many memorable images as Michael Jackson. It started with his images as a precocious black pre-teen, wearing orange dungarees and an Afro, dancing and singing with the co
Published 27 Jun, 2009 12:00am
Some suggestions

Some suggestions

Version of the would be Finance Act-2009 published on 23 June, 2009 is indicative of quite a few changes in it vis-a-vis the Finance Bill-2009. Good to learn that these changes in the Customs Act, Sales Tax and Federal Excise Act have been made on the bas
Published 27 Jun, 2009 12:00am
Philippine free port reinvents itself amid global recession

Philippine free port reinvents itself amid global recession

May de los Santos used to make laptops and mobile phones at a high-tech Taiwanese electronics factory in Subic Bay free port, near Manila. She joined the ranks of the laid off as the global financial crisis kicked in, but the 31-year-old has since been tr
Published 27 Jun, 2009 12:00am
Economic doings of a country

Economic doings of a country

The best course to understand the economic doings of a country is to try and determine what would happen if a particular course was taken in economic interventions in the country. The human mind is too miniscule to really understand what would happen shou
Published 27 Jun, 2009 12:00am
Drones' negative fallout

Drones' negative fallout

One polite way of telling the United States to stop conducting drones attacks into the Pakistani territory is to ask for the US drone technology. That is what President Zardari does whenever he comes across an important American functionary.
Published 27 Jun, 2009 12:00am
Auto exposition in Germany: Paapam urges TDAP to finalise schedule

Auto exposition in Germany: Paapam urges TDAP to finalise schedule

Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) has urged the Ministry of Commerce and Trade Development Authority of Pakistan (TDAP) to finalise the schedule for November auto exhibition in Germany without any further dela
Published 27 Jun, 2009 12:00am
Equitable apportionment of river waters

Equitable apportionment of river waters

Chairing a high-level meeting at Bilawal House in Karachi, which was attended by senior members of the Sindh government as well as Deputy Chairman Planning Commission Sardar Assef Ahmed Ali, Fisheries Minister and the President's Secretary General Salman
Published 27 Jun, 2009 12:00am
Shutter down strike in parts of Balochistan

Shutter down strike in parts of Balochistan

Shutter down strike was observed in Baloch belt and Quetta on the call of Baloch National Front (BNF) against the alleged arrests and security operation in the province. The strike was observed in Khuzdar, Kalat, Mastung, Mach, Noshki, Turbat, Dalbandin a
Published 27 Jun, 2009 12:00am
Terrorism biggest challenge for country: Ibad

Terrorism biggest challenge for country: Ibad

Governor Sindh, Dr Ishrat-ul-Ibad Khan said that the country was passing through a very crucial time and that terrorism and extremism were the biggest challenges before the government. Talking to newsmen at the 34th national day of Mozambique, on Thursday
Published 27 Jun, 2009 12:00am
NBP regularises 100 sports division employees

NBP regularises 100 sports division employees

National Bank of Pakistan (NBP) has announced to regularise 100 sports division employees including Kamran Akmal, Mohammad Amir, Salman Butt and Fawad Alam of Pakistan Cricket team. NBP on Friday felicitated its four players, who are a part of T20 World C
Published 27 Jun, 2009 12:00am
Acquittal of Nawaz in helicopter case: PML-N leaders distribute sweets

Acquittal of Nawaz in helicopter case: PML-N leaders distribute sweets

Leaders of Pakistan Muslim League-Nawaz have expressed happiness over acquittal of their leader Mian Nawaz Sharif in the helicopter case and termed the decision as success of righteousness. The PML-N leaders Pervaiz Malik, Nasir Khan, Shahbaz Haider have
Published 27 Jun, 2009 12:00am
Opposition won't tolerate slackness in implementation of budget: Nisar

Opposition won't tolerate slackness in implementation of budget: Nisar

Leader of the Opposition in the National Assembly Chaudhry Nisar Ali Khan said on Friday that opposition would strictly monitor the implementation of the budget and any slackness in this regard would not be tolerated. On a point of order, Chaudhry Nisar A
Published 27 Jun, 2009 12:00am
KPT seminar to create awareness about drug abuse

KPT seminar to create awareness about drug abuse

Karachi Port Trust (KPT) hosted a seminar at its Staff College on Friday to create awareness about drug abuse and on it can be prevented in our society. Its harmful impacts in the society at large and to the individual were addressed during the seminar.
Published 27 Jun, 2009 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 27 Jun, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (June 26, 2009).

Published 27 Jun, 2009 12:00am
LEAs urged to improve vigilance to check drugs trafficking

LEAs urged to improve vigilance to check drugs trafficking

Speakers at a seminar urged the law enforcement agencies to strengthen vigilance systems to curb drugs trafficking in the country. They were speaking at the seminar on Drugs Trafficking organised by the Pakistan Customs to mark the international day again
Published 27 Jun, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (June 26, 2009).

Published 27 Jun, 2009 12:00am
Albaraka Islamic Bank ratings reaffirmed

Albaraka Islamic Bank ratings reaffirmed

JCR-VIS Credit Rating Co Ltd, has reaffirmed the medium to long-term ratings of Albaraka Islamic Bank B.S.C. (C) - Pakistan Branches (AIB) at A (single A) and the short-term rating at A-1 (single A-one). Outlook on the ratings is 'stable', says a press re
Published 27 Jun, 2009 12:00am
The Weather

The Weather

The weather report on Friday (June 26, 2009) and the forecast for Saturday (June 27, 2009).

Published 27 Jun, 2009 12:00am
SBTE decides to computerise examination system

SBTE decides to computerise examination system

The Sindh Board of Technical Education (SBTE) has decided to computerise its examination system to avoiding errors in registration, checking and announcement of results. SBTE has also decided to introduce new and revised paper pattern to standardise techn
Published 27 Jun, 2009 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 27 Jun, 2009 12:00am
Need to enhance Pak-Sri Lanka trade stressed

Need to enhance Pak-Sri Lanka trade stressed

Sri Lankan High Commissioner Air Chief Marshal Jayalath Weerakkody (Retd) has said there is a vast scope enhancing bilateral trade between Pakistan and Sri Lank in the presence of free trade agreement (FTA), while both the countries can further strengthen
Published 27 Jun, 2009 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 27 Jun, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (June 26, 2009) and for Saturday (June 27, 2009).
Published 27 Jun, 2009 12:00am
PIPI chief urges President to pardon Sarbajit Singh

PIPI chief urges President to pardon Sarbajit Singh

President Pak-India Peace Initiatives (PIPI) Awais Sheikh has demanded of President Asif Ali Zardari to pardon Indian terrorist Sarbajit Sigh, who was handed down capital punishment for his involvement in the bomb blasts in 1990 in different cities of Pak
Published 27 Jun, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (June 26, 2009).

Published 27 Jun, 2009 12:00am
Albaraka Islamic Bank ratings reaffirmed

Albaraka Islamic Bank ratings reaffirmed

JCR-VIS Credit Rating Co Ltd, has reaffirmed the medium to long-term ratings of Albaraka Islamic Bank B.S.C. (C) - Pakistan Branches (AIB) at A (single A) and the short-term rating at A-1 (single A-one). Outlook on the ratings is 'stable', says a press re
Published 27 Jun, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (June 26, 2009).

Published 27 Jun, 2009 12:00am
Szabist holds research conference

Szabist holds research conference

Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (Szabist) organised its 9th National Research Conference on Management and Computer Sciences here on Thursday. Minister of State for Education Ghulam Farid Kathia was the chief guest on the o
Published 27 Jun, 2009 12:00am
Anti-drug awareness walk held

Anti-drug awareness walk held

An anti-drugs awareness walk was organised here on Saturday in which hundreds of students from different schools of the twin cities of Islamabad and Rawalpindi participated enthusiastically. The event was organised by Batool Welfare Trust. The students we
Published 27 Jun, 2009 12:00am
LTU Lahore achieves targets of sales tax and FED

LTU Lahore achieves targets of sales tax and FED

The Collectorate of Sales Tax and Federal Excise, Large Taxpayers Unit (LTU), Lahore has achieved the sales tax and federal excise duty targets of Rs 1400 million and Rs 1200 million, respectively, during the year 2008-09. It is pertinent to mention that
Published 27 Jun, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 26, 2009).

Published 27 Jun, 2009 12:00am
PTCL introduced many products for corporate community: Khwaja

PTCL introduced many products for corporate community: Khwaja

The Pakistan Telecommunication Company Limited (PTC) Executive Vice President Jamil Khwaja has said the PTCL has introduced a number of new products to serve the corporate community with focus on providing tailor-made customised solutions through the stat
Published 27 Jun, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 26, 2009).

Published 27 Jun, 2009 12:00am
Mian Tufail laid to rest

Mian Tufail laid to rest

Former Ameer of the Jamaat-i-Islami Pakistan and veteran leader Mian Tufial Muhammad who breathed his last on Thursday evening was laid to rest at the Karim Block Allama Iqbal Town graveyard on Friday afternoon. The Namaze Jannaza of the seasoned politici
Published 27 Jun, 2009 12:00am
THE RUPEE: dollar turns lower

THE RUPEE: dollar turns lower

The rupee inched up against dollar on the interbank market on Friday, gaining two paisa for buying at 81.40 and one paisa for selling at 81.45, money experts said Balanced demand and supply of dollars enabled the rupee to stand with the US currency, deal
Published 27 Jun, 2009 12:00am
ZTBL gives cash prizes to Twenty20 heroes

ZTBL gives cash prizes to Twenty20 heroes

Zarai Taraqiati Bank Ltd (ZTBL) gave away cash prizes of Rs 2.1 million to five of its cricket employees who are our national heroes and captured the World 20 title. A large number of staff and officers gathered around their heroes to extend them hearty g
Published 27 Jun, 2009 12:00am
THE RUPEE: dollar turns lower

THE RUPEE: dollar turns lower

The rupee inched up against dollar on the interbank market on Friday, gaining two paisa for buying at 81.40 and one paisa for selling at 81.45, money experts said Balanced demand and supply of dollars enabled the rupee to stand with the US currency, deal
Published 27 Jun, 2009 12:00am
AEDB's role in meeting energy needs underlined

AEDB's role in meeting energy needs underlined

Federal Minister for Water and Power and Chairman of Alternate Energy Development Board (AEDB) Raja Pervez Ashraf has it is vital to balance the country's energy mix to provide affordable electricity to the consumers, and renewable energy has a critical r
Published 27 Jun, 2009 12:00am
Forces consolidate positions around Kabbal

Forces consolidate positions around Kabbal

Four soldiers including a civilian were martyred in different clashes between militants and paramilitary forces in Swat, Muzaffarabad and North Waziristan Agency, says a press release issued by ISPR on Friday. Two terrorists were also nabbed and large qua
Published 27 Jun, 2009 12:00am