News Archives for Print - 2009-08-31

Steel dealers go on strike against FIA investigation

Pakistan Steel Mills Corporation''s dealers have gone on strike and have decided not to do business with the corporation unless FIA investigations stopped completely.

Published 31 Aug, 2009 12:00am

Phutti price likely to be fixed at Rs 1,500/40 kg

The government is likely to fix seed-cotton (phutti) intervention price at Rs 1500 per 40 kg for the base grade 3, with staple length 1-1/32 during 2009-10, an increase of Rs 35 (less than one rupee per 40 kg of Rs 1465 last year), sources told Busines

Published 31 Aug, 2009 12:00am

Phutti price likely to be fixed at Rs 1,500/40 kg

The government is likely to fix seed-cotton (phutti) intervention price at Rs 1500 per 40 kg for the base grade 3, with staple length 1-1/32 during 2009-10, an increase of Rs 35 (less than one rupee per 40 kg of Rs 1465 last year), sources told Busines
Published 31 Aug, 2009 12:00am

World Bank asks FBR to remove IMS/PRAL functions overlapping

The World Bank (WB) has urged the Federal Board of Revenue (FBR) to remove overlapping of functions between FBR Information Management Wing (IMS) and Pakistan Revenue Automation Limited (PRAL) to clearly define functions for procurement of IT-related equi
Published 31 Aug, 2009 12:00am

KSE index surges by 433.28 points

Healthy buying was witnessed at Karachi share market during the week ended on August 28, 2009 as a result of which the KSE-100 index surged by 433.28 points, or 5.3 percent, to close at 8,541 points against 8107.94 points. Despite negative news flow in te
Published 31 Aug, 2009 12:00am

Industrialists resent Rs two million/acre PDC raise by PQA: land transfer fee, NUF revised

The Port Qasim Authority (PQA) has enhanced the rate of Peripheral Development Charges (PDC) by 100 percent, or Rs 2 million per acre, for all categories of allotment lands in its industrial estate, except the area for edible oil and molasses.
Published 31 Aug, 2009 12:00am

Detailed scrutiny of data: Anti Evasion Cell picks five top sectors

The 'Anti-Evasion Cell' of the Federal Board of Revenue (FBR) has picked five top sectors-cement, sugar, beverages, cigarettes and lubricants-for detailed scrutiny of data to check any kind of evasion of duties and taxes.
Published 31 Aug, 2009 12:00am

Detailed scrutiny of data: Anti Evasion Cell picks five top sectors

The ''Anti-Evasion Cell'' of the Federal Board of Revenue (FBR) has picked five top sectors-cement, sugar, beverages, cigarettes and lubricants-for detailed scrutiny of data to check any kind of evasion of duties and taxes.
Published 31 Aug, 2009 12:00am

Detailed scrutiny of data: Anti Evasion Cell picks five top sectors

The 'Anti-Evasion Cell' of the Federal Board of Revenue (FBR) has picked five top sectors-cement, sugar, beverages, cigarettes and lubricants-for detailed scrutiny of data to check any kind of evasion of duties and taxes.
Published 31 Aug, 2009 12:00am

Industrialists resent Rs two million/acre PDC raise by PQA: land transfer fee, NUF revised

The Port Qasim Authority (PQA) has enhanced the rate of Peripheral Development Charges (PDC) by 100 percent, or Rs 2 million per acre, for all categories of allotment lands in its industrial estate, except the area for edible oil and molasses.
Published 31 Aug, 2009 12:00am

Gilani leaves to attend 40th anniversary of Libyan revolution

Prime Minister Syed Yousuf Raza Gilani left here on Sunday to attend the 40th anniversary of Libyan revolution. On the sidelines of the anniversary celebrations he would hold meetings with Libyan and world leaders to apprise them of Pakistan's efforts in
Published 31 Aug, 2009 12:00am

Britain 'made u-turn on Lockerbie bomber for oil': report

The British government decided two years ago it was "in the overwhelming interests of the United Kingdom" to make the Lockerbie bomber eligible for return to Libya, The Sunday Times newspaper reported.
Published 31 Aug, 2009 12:00am

Seven people found slain at US mobile home; two injured

Seven people were killed and two critically injured at a mobile home located on a historic plantation in south-eastern Georgia, officials said Saturday. Glynn County spokeswoman Candice Temple wouldn't say how they were killed. The county's police chief,
Published 31 Aug, 2009 12:00am

Local tractors dominate domestic market: experts

Engineering experts claimed that local tractors completely dominate the domestic market as compared to imported tractors because they are competitive due to usage of a large number of local parts. If the same practice is adopted by car manufacturers, it w
Published 31 Aug, 2009 12:00am

MONEY WEEK: budgetary borrowings from SBP plummet to Rs 26 billion

Budgetary borrowings from the central bank--State Bank of Pakistan--registered a quantum drop during the week ended on August 15, 2009. By the end of the previous week, the government had borrowed Rs103 billion to bridge its expenditure/revenue gap from t
Published 31 Aug, 2009 12:00am

PNS Khaibar leaves to participate in anti-piracy operations

Pakistan Navy Ship Khaibar departed Sunday for participation in Anti-Piracy Operations in the Gulf of Aden as part of Task Force-151. An ISPR (Navy) statement here said that it is the second Pakistan Navy Ship deployed with TF-151 which will cover a dista
Published 31 Aug, 2009 12:00am

MONEY WEEK: budgetary borrowings from SBP plummet to Rs 26 billion

Budgetary borrowings from the central bank--State Bank of Pakistan--registered a quantum drop during the week ended on August 15, 2009. By the end of the previous week, the government had borrowed Rs103 billion to bridge its expenditure/revenue gap from t
Published 31 Aug, 2009 12:00am

Former Israeli Prime Minister Olmert indicted for corruption

Former Israeli Prime Minister Ehud Olmert was indicted on Sunday over corruption scandals that forced him to resign last year. The charges stem from allegations he took cash payments from a US businessman, advanced the interests of clients of a former law
Published 31 Aug, 2009 12:00am

US officials call on Pir Ahsanuddin

Representatives of US Sate Department, Mark Palermo and Dr Warren Weinstein, called on Advisor to Chief Minister Punjab on Economic Affairs and Vice Chairman Punjab Board of Investment & Trade (PBIT), Pir Saad Ahsanuddin here on Sunday.
Published 31 Aug, 2009 12:00am

Altaf condemns Mingora blast

Chief of Muttahida Qaumi Movement (MQM), Altaf Hussain has strongly condemned the blast near Mingora police station on Sunday. In a statement issued by MQM here, he said Ramzan-ul-Mubarak is a month of blessings and those elements, who shed blood of innoc
Published 31 Aug, 2009 12:00am

Former Israeli Prime Minister Olmert indicted for corruption

Former Israeli Prime Minister Ehud Olmert was indicted on Sunday over corruption scandals that forced him to resign last year. The charges stem from allegations he took cash payments from a US businessman, advanced the interests of clients of a former law
Published 31 Aug, 2009 12:00am

Heavy rain expected today

The Meteorological department has forecast fairly widespread moderate to heavy rain with thunderstorm over Sindh for today (Monday). Scattered rain is also predicted over NWFP, northern Punjab and Kashmir.
Published 31 Aug, 2009 12:00am

Dr Abdul Qadeer Khan free to go anywhere: Police

Federal capital police here on Sunday said that there was no restriction on the movement of renowned nuclear scientist Dr Abdul Qadeer Khan as directed by the court. A police spokesman said that Dr Abdul Qadeer Khan was a free man to travel or go anywhere
Published 31 Aug, 2009 12:00am

Establishment's specific mindset responsible for Bugti's killing: Shujaat

PML-Q president Shujaat Hussain has said that "a specific mindset in the establishment" is responsible of killing of Akbar Bugti, and his party would support registration of case against the accused of this murder.
Published 31 Aug, 2009 12:00am

Search operations in Swat and other areas under way

Security forces conducted search operation in Bampur Sar, Sar Colony, Minglour, Banjot and Sabar Shah and apprehended six suspects. Besides, two terrorists were apprehended in a search operation conducted in Garai village near Fatehpur. Security forces al
Published 31 Aug, 2009 12:00am

'Punjab government taking steps to introduce uniform education system'

Punjab government under the leadership of Shahbaz Sharif is taking practical steps to introduce uniform education system in the province and under this programme the subjects of maths and science would be taught in English language and all the schools in
Published 31 Aug, 2009 12:00am

'Promotion of science, technology need of the hour'

A girl student, Hafiza Sakeena Sania, who demonstrate outstanding performance in matriculation examination, met Chief Minister Punjab Muhammad Shahbaz Sharif along with her parents here at Chief Minister's Secretariat on Sunday.
Published 31 Aug, 2009 12:00am

Government succeeds in controlling militancy: Rehman Malik

Minister for Interior Rehman Malik said on Sunday that the government has been successful in controlling militancy and terrorism and areas of Swat, Dir, Bajaur and Mohmand agencies have been cleared of militants. He was addressing a selected gathering of
Published 31 Aug, 2009 12:00am

Absence of Zakat Committees: deserving people may again remain deprived of Zakat

Hundreds of thousands of deserving people in Punjab are likely to be once again deprived of Zakat money, owing to non-existence of Zakat Committees at provincial, district and local levels.
Published 31 Aug, 2009 12:00am

People's rights protection to be ensured: minister

Federal Minister for Population Welfare Dr Firdous Ashiq Awan has said that government was striving hard to ensuring socio-economic justice and for the protection of people's rights in the country.
Published 31 Aug, 2009 12:00am

Punjab government distributes nine million 20kg flour bags: minister

Punjab government has distributed 9 million flour bags of 20 kg each and 10,000 matric ton of sugar at subsidised rates to the people during the past 12 days as part of the Ramazan package.
Published 31 Aug, 2009 12:00am

Pervaiz Elahi asks Shahbaz to resign

Senior leader PML(Q) Ch. Pervaiz Elahi has asked Punjab Chief Minister Mian Muhammad Shahbaz Sharif to resign since his government has badly failed to deliver. Common man is facing the flour, sugar, wheat and fertiliser crises due to the poor policies of
Published 31 Aug, 2009 12:00am

Gilgit-Baltistan Empowerment and Self Governance Order 2009: constitutional package seems to fail in meeting long-standing demands

The new much publicised constitutional package for Gilgit-Baltistan "Gilgit Baltistan Empowerment and Self Governance Order - 2009", which hit the headlines of the national media, now is being considered yet another "partial" fulfilment of demands of the
Published 31 Aug, 2009 12:00am

Kaira rejects Khar's accusations

Minister for Information and Broadcasting Qamar Zaman Kaira Sunday outrightly rejected the baseless accusations of former Governor Punjab Ghulam Mustafa Khar that the Aiwan-e-Sadr was patronising vilification campaign against him and the fellow politician
Published 31 Aug, 2009 12:00am

Gilgit-Baltistan Empowerment and Self Governance Order 2009: constitutional package seems to fail in meeting long-standing demands

The new much publicised constitutional package for Gilgit-Baltistan "Gilgit Baltistan Empowerment and Self Governance Order - 2009", which hit the headlines of the national media, now is being considered yet another "partial" fulfilment of demands of the
Published 31 Aug, 2009 12:00am

Fazl assures for gas supply to Bannu

Chief of Jamiat Ulema Islam-Fazl (JUI-F), Maulana Fazl-ur-Rehman has assured that he is in contact with concerned authorities to provide natural gas to the people of Bannu. He said this during a meeting with JUI-F delegation from Bannu here on Sunday led
Published 31 Aug, 2009 12:00am

Kaira felicitated

The Sindh Ministers Syed Murad Ali Shah and Syed Ali Mardan Shah have felicitated Federal Minister for Kashmir and Northern Areas (KANA) Qamar Zaman Kaira who is set to become the first Governor of Gilgit-Baltistan.
Published 31 Aug, 2009 12:00am

Mirwaiz appeals for world help to trace missing persons

The APHC Chairman, Mirwaiz Umar Farooq, on the occasion of the International Day of the Disappeared appealed to the world community to play its role in finding out whereabouts of thousands of innocent Kashmiris missing in Indian troops' custody.
Published 31 Aug, 2009 12:00am

Transporters fleecing commuters

The CNG-fitted public transport vehicles plying on various routes in Multan city and on inter-city routes like Muzaffargarh, Dera Ghazi Khan, Bahawalpur, Layyah, Alipur, Jatoi, Seetpur, Kotadu, Taunsa Sharif, Dera Ismail Khan, Mian Wali, Bhakkar, Jhang, S
Published 31 Aug, 2009 12:00am

Sasta Ramazan bazaars set up throughout Punjab

The Provincial Minister for Population Welfare, Neelam Jabbar Chaudhry said that the government has set up Sasta Ramazan bazaars throughout the province, so that the sugar, ghee, atta and other consuming items could be available in sufficient quantity at
Published 31 Aug, 2009 12:00am

Opposing views put revival of student unions on hold

It was announced to revive student unions in colleges more than a year back but the idea got stuck in a debate and the notification for the purpose has yet to be issued and no strategy has been formulated to implement the decision.
Published 31 Aug, 2009 12:00am

'Indian troops occupying over 2.7 million kanals of Kashmiris' land'

The Jammu and Kashmir Tehreek-e-Hurriyet (TH) has disclosed that Indian troops have not occupied 1,050,000, but over 2,750,000 kanals of land in occupied Kashmir. Tehreek-i-Hurriyet said that it had collected record of the occupied lands and would make pu
Published 31 Aug, 2009 12:00am

Dwellers of 'Kutchi abadis' to be provided plots

Punjab government has formulated a comprehensive plan costing Rs 2 billion for the construction of multistoried flats at each divisional headquarter of the province. Official sources told Business Recorder here on Sunday that the concept of constru
Published 31 Aug, 2009 12:00am

Four persons burnt alive

At least four persons, including a woman died on the spot while another seven passengers sustained serious burn injuries when a CNG cylinder fitted in the van exploded with a bang. The injured were shifted to burn unit of Nishtar Hospital, Multan.
Published 31 Aug, 2009 12:00am

Rs 12 billion allocated for 10 DHQs hospitals' emergency wards

Punjab government has earmarked Rs 12 billion for setting up ultra modern emergency wards in 10 district headquarters (DHQs) hospitals of the province. Official sources told APP here Sunday, that under the programme medical facilities including CT Scan, M
Published 31 Aug, 2009 12:00am

Ministry urged to screen travellers for H1N1 virus

The Ministry of Health has been urged to take preventive measures like proper screening of incoming passengers to check any importation of the H1N1 virus that causes Swine Flu. Citizens complained that due to inappropriate arrangements at airports, there
Published 31 Aug, 2009 12:00am

Special family rooms in jails being constructed

Special family rooms are being constructed in all major jails of the province to facilitate the convicts. Prisons IG Kokab Nadeem Warraich told APP here Sunday that in line with the order of Federal Shariat Court, Punjab Chief Minister Mian Shahbaz Sharif
Published 31 Aug, 2009 12:00am

Emergency meeting called to curb cotton virus

Provincial Minister for Agriculture, Ahmad Ali Oalakh has called the meeting of agriculture scientists on September 1 at Central Cotton Research Institute (CCRI) to overcome the leaf curl virus. According to the sources, leaf curl virus had destroyed almo
Published 31 Aug, 2009 12:00am

Mingora blast widely condemned

NWFP Governor, Owais Ahmed Ghani has strongly condemned the suicide bomb attack on police station at Mingora in District Swat and expressed his deep shock and grief over the loss of precious lives. The Governor has described the incident a highly cowardly
Published 31 Aug, 2009 12:00am

Huge cache of arms seized in Charsadda: DPO

Police have thwarted a sabotage act by seizing huge quantity of arms and other explosive material from a vehicle in Charsadda district on Sunday, DPO Riaz Khan said. He told reporters that police intercepted a suspected vehicle at Sarwaryab check-post and
Published 31 Aug, 2009 12:00am

Climate moot in Geneva to open today

The five-day World Climate Conference, to be attended by Pakistan, will open on Monday (today) in Geneva to contemplate steps to create a Global Framework for Climate Services. UN Secretary General, seventeen heads of state and as many as 100 government m
Published 31 Aug, 2009 12:00am

Sugar crisis dampens Eid spirits

A sugar crisis in country has wrong-footed the political leadership as mills owned by lawmakers are blamed for compounding the miseries of people and housewives struggle to sweeten the Eid festival. Depeleted crops, international prices at 30-year highs a
Published 31 Aug, 2009 12:00am

Former Prime Minister AJK applauds empowerment of Northern Areas

Former Prime Minister of Azad Kashmir Sardar Attique Ahmed Khan has welcomed the proclamation of Gilgit- Baltistan, Empowerment and Self Rule Ordinance 2009, saying the step would help bringing the people of Northern Areas in the mainstream of national po
Published 31 Aug, 2009 12:00am

Northern Areas as Gilgit-Baltistan: Rani of Hunza hails government decision

Rani of Hunza, Atiqa Ghazanfar has hailed the federal government's decision of naming Northern Areas as Gilgit Baltistan. Talking to VOA Rani said, "It is the desire of the people that Chief Minister, Gilgit-Baltistan should be powerful.
Published 31 Aug, 2009 12:00am

Infrastructure development vital for expeditious progress: Shahbaz

Punjab Chief Minister, Mian Muhammad Shahbaz Sharif has said that development of infrastructure was of vital important to expeditious progress of the province and all available resources were being utilised for this purpose.
Published 31 Aug, 2009 12:00am

NBF to award Rs 1.2 million to best writers of kids' Literature

National Book Foundation (NBF) would award Rs 1.2 million to the best writers of `National Writing Competition 2009-10'. Afshan Sajid, Assistant Director NBF said that the writers can send three copies of their writing material in English, Urdu and region
Published 31 Aug, 2009 12:00am

People of Northern Areas rejoiced over government package

The dwellers of Northern Areas have warmly rejoiced Federal government's initiative to introduce a reform package aimed at turning the area into a prosperous place. Describing the step as a landmark achievement, they said the government won their hearts a
Published 31 Aug, 2009 12:00am

Autonomous status to Northern Areas: Yasin Malik expresses concern over government decision

Expressing serious concerns over the government's decision to give Northern Areas autonomous status, Chairman Kashmir Liberation Front Yasin Malik said that Pakistan broke its promise of not intervening in the matter of disputed territory for the first ti
Published 31 Aug, 2009 12:00am

Prime Minister greets Malaysian Premier on National Day

Prime Minister Syed Yusuf Raza Gilani has sent his Malaysian counterpart Dato Seri Mohd Najib bin Haji Tun Abdul Razak's way a congenial message to felicitate him on the arrival of August 31, the National Day of Malaysia.
Published 31 Aug, 2009 12:00am

Founder Group elected unopposed for ICCI Executive Committee

Founder Group has emerged as unopposed winner in the elections for Executive Committee Members of Islamabad Chamber of Commerce and Industry (ICCI) which fell vacant due to retirement of 10 Executive Members. The Election Commission was comprised of ICCI
Published 31 Aug, 2009 12:00am

Aggressive buying causes short supply, increased prices

Trading in cotton improved naturally because cotton production was expected in bumper shape, on the other hand manufacturers and exporters of textiles were preparing for rise in exports quantitatively. The spot rate was down by Rs 25 to Rs 3425 but raised
Published 31 Aug, 2009 12:00am

Cotton prices fluctuate within narrow margin of Rs 200

The reports of pest-attack specially of Cotton Leaf Curl Virus (CLCV) on cotton crop had certainly sent a wave of concern to cotton market and there were reports of damage to cotton crop in some cotton areas in Punjab, Sindh province being quite safe. Lat
Published 31 Aug, 2009 12:00am

Number of flour stalls increased to 28 in Hyderabad

The District Food Controller Hyderabad, Salahuddin Shaikh has said that after consultation with the Minister Livestock and Fisheries Sindh the total number of flour stalls has again been increased up to 28 in all four talukas of the district Hyderabad. Wh
Published 31 Aug, 2009 12:00am

Complaint centres set up to control inflated prices

The DCO Hyderabad Aftab Ahmed Khatri has announced that eleven complaint centres have been established control price hike of essential commodities of daily use, in this connection the staff of Market Committee has been constituted in the district.
Published 31 Aug, 2009 12:00am

Five factories raided for using unhygienic fat

A team headed by deputy district officer Revenue and Special Judicial Magistrate New Karachi town Sunday raided five factories in sector 6-B Industrial Area, New Karachi town where fat of various animals brought from slaughter house was being used as raw
Published 31 Aug, 2009 12:00am

Shopkeepers fined for overcharging

The Executive District Officer Revenue Hyderabad in a statement has informed that the Revenue Officers having special judicial powers have recovered a total fine of Rs 11, 900/- from 49 shopkeepers and persons on account of charging high prices from their
Published 31 Aug, 2009 12:00am

No let-up in essentials price rise, business remains at low ebb

There was no let up in rise in essential which has started scaling up much before the holy Ramazan, as a result traders were complaining hardly any sales in retail though the first week is about to end. However, on the opening day seed and grain markets r
Published 31 Aug, 2009 12:00am

The genesis of an inverted yield curve

It is generally expected that investment of funds in longer dated maturities would yield comparatively higher dividends. Exception to this usual behaviour was observed when lower cut-off rates were offered on 12 months paper, compared to the six months tr
Published 31 Aug, 2009 12:00am

CDGK sends 40 profiteers to jail

The magistrates of the City District Government Karachi (CDGK) conducted raids in various areas, markets, bazaars and shopping centres on Sunday. A CDGK statement said that 256 profiteers were challaned and fine of Rs 326,000 were recovered. It said that
Published 31 Aug, 2009 12:00am

Need of scientific research stressed

The need of scientific research has become more significant in the present day era. This was stated by the Principal of Bahria University Medical and Dental College, Professor Tipu Sultan, here on Sunday. He was speaking at the concluding session of two-d
Published 31 Aug, 2009 12:00am

Withered buntings, flags collected, lowered into sea

The withered buntings and national flags were collected from streets and other places by the volunteers of Chhipa Welfare Association and then disposed of in a respectable manner by lowering into the sea. This was announced in a statement of the Associati
Published 31 Aug, 2009 12:00am

Local government system: MQM has a case

The thorny issue of local government system did come up in the meeting President Zardari had with Altaf Hussain in London on Thursday but, going by the media reports, it appears that differences over this make-or-break question persisted and no fresh grou
Published 31 Aug, 2009 12:00am

Political cauldron

The latest Gallup poll suggests that 71 percent of the people of this country want "harsh or mild punishment" for former President Musharraf. Should this statistic send a warning to the government?
Published 31 Aug, 2009 12:00am

Afghan vote snarls US job instead of easing it

Inconclusive election results in Afghanistan, disappointing voter turnout and the prospect of rising ethnic tensions and political turmoil are new roadblocks to the Obama administration's plan to turn around a backsliding war.
Published 31 Aug, 2009 12:00am

'Smokers' paradise' Spain plans tougher ban

When Spain toughened anti-smoking legislation in 2006, the measure was hailed as an important step forward in the battle against addiction in the country formerly known as a "smokers' paradise." Three and half years later, however, smoke is again floating
Published 31 Aug, 2009 12:00am

NFC 2009: a potential light at the end of a very dark tunnel

The government's reputation has been recently battered by a plethora of administrative issues relating to sugar, power and trade policy, amidst others, but the likelihood that a provincial consensus may be achieved on NFC award for the first time in 13 ye
Published 31 Aug, 2009 12:00am

BAFL's earnings checked by sliding deposits

Bank Alfalah's biggest problem is its declining deposit base. Although the lender has a high concentration in the lucrative consumer segment loans and decent penetration in the non-core segment, a low advance-to-deposit ratio and higher proportion of fixe
Published 31 Aug, 2009 12:00am

Unilever's dividend payout good but sounds alerts

The country's largest FMCG firm, Unilever Pakistan announced its half year 2009 results on Friday showing an earnings slide of 4 percent, mainly due to high distribution cost despite a reasonable increase in revenues during the period. Unilever reported e
Published 31 Aug, 2009 12:00am

Rehabilitated hockey ground in Mingora inaugurated

The newly rehabilitated Makan Bagh Hockey Ground in Mingora was inaugurated on Sunday by the Provincial Minister for Environment Wajid Ali Khan. Speaking on the occasion, the Minister said that the ground was rehabilitated by Malakand Development Program
Published 31 Aug, 2009 12:00am

Issuing NOC to makers of fake products

It was shocking to see such irresponsible piece of baseless and distorted reporting of Amir Majeed published in BR on 27th August under the caption 'Four senior directors of MOST sacked, six suspended'. Kindly, there is a need to check and verify the cont
Published 31 Aug, 2009 12:00am

Price control measures

The government, by and large, has failed to control the prices of consumer goods. There is confusion at the latest mess created by the government to fix the price of sugar. From Rs thirty six per kilo it has agreed to sell sugar at Rs forty five. Even at
Published 31 Aug, 2009 12:00am

I want to remove negativity about Jinnah: Jaswant

Veteran politician Jawant Singh has said he wants to remove negativity about Quaid-e-Azam Muhammed Ali Jinnah. 'I want to remove the negativity surrounding Jinnah,' Singh said while talking to people who thronged at a book stall in the book fair here to g
Published 31 Aug, 2009 12:00am

Prime Minister sends greetings to Kyrgyz government on national day

Prime Minister Syed Yousuf Raza Gilani has sent a message of greetings to the Prime Minister of the Republic of Kyrgyzstan Igor Chundinov on their national day falling on August 31. In his message, the Prime Minister said: "Please accept, on behalf of the
Published 31 Aug, 2009 12:00am

AJK to build longest-ever cable stay bridge over Mangla dam

AJK government has inked a revised Rs 5.82 billion plan for the construction of first ever mega 2km long cable stay bridge over huge Mangla dam reservoir to link Mirpur city with adjoining thickly-populated historic Islamgarh, formerly Akaalgarh town, off
Published 31 Aug, 2009 12:00am

Beggars flock twin cities

With the blessing of Ramazan, a number of professional beggars throng the twin cities' roads, making it impossible for the faithful to drive their vehicles. As it is the month of charity and exhibiting generosity, hundreds of beggars appear on roads, sit
Published 31 Aug, 2009 12:00am

Kennedy laid to rest near his brothers

Democratic lion Edward Kennedy has been reunited with his slain brothers - laid to rest in a Virginia cemetery as a lone bugle player brought the curtain down on a US political dynasty. Surrounded by his tight-knit family which has dominated US politics f
Published 31 Aug, 2009 12:00am

Firefighters battle fierce California wildfires

Raging southern California wildfires showed no signs of abating early Sunday, injuring three people and prompting evacuation of 4,000 homes a day after Governor Arnold Schwarzenegger declared a state of emergency.
Published 31 Aug, 2009 12:00am

Sri Lanka whitewash Kiwis despite Vettori ton

Sri Lanka clinched second spot behind South Africa in the official rankings as they swept aside New Zealand by 96 runs in the final Test on Sunday to sweep the series 2-0. Left-arm spinner Rangana Herath claimed five wickets as the Kiwis, set an improbabl
Published 31 Aug, 2009 12:00am

Tailors stop booking for more stitching

Most of the tailor masters of Rawalpindi-Islamabad have stopped further booking for stitching cloths owing to excessive rush much ahead of Eid-ul-Fitr. "We have already taken clothes for stitching till Eid and have no more space to take further orders," s
Published 31 Aug, 2009 12:00am

Murderer of Jaleel Andrabi yet to be arrested

Indian Central Bureau of Intelligence (CBI) has completely failed to arrest Major Avtar Singh, in connection with the custodial murder of noted Kashmiri human rights activist, Jaleel Andrabi despite Judicial Magistrate warrants in this regard.
Published 31 Aug, 2009 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.10
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
Nasdaq / Dec 23	19,764.89
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77
India Sensex / Dec 24	78,616.57
Tokyo Nikkei / Dec 24	39,036.85
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,130.86

Item	Value
Gold 10 Grams PKR / Dec 23	241,087.80
Petrol/Litre / Dec 24	252.10
Crude Oil USD/Barrel / Dec 24	69.54
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold Spot USD/Ounce / Dec 24	2,618.54
Diesel/Litre / Dec 24	255.38

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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