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Print - 2009-09-28
Another five would-be suicide bombers held

Another five would-be suicide bombers held

Dera Ghazi Khan Police have arrested another five would be suicide bombers on the pointation of already arrested five suicide bombers who got training in Waziristan. They were identified as Abdul Sattar, Muhammad Umar, Inayat, Hanif Arain and Muhammad Akr
Published 28 Sep, 2009 12:00am
Philippines shares expected to move up

Philippines shares expected to move up

Philippines shares will likely move up slightly in the coming week as the market looks for leads abroad, dealers said here on Friday. The composite index rose 1.15 percent or 32.01 points over the week to close at 2,821.34.
Published 28 Sep, 2009 12:00am
Malaysian shares likely to be range-bound

Malaysian shares likely to be range-bound

The Malaysian bourse is expected to be range-bound next week, analysts said on Friday, as the market is not expecting any catalysts that could spur an upward trend. "The performance will depend on the region next week as we are not expecting any major new
Published 28 Sep, 2009 12:00am
Profit-taking likely in Thai stocks

Profit-taking likely in Thai stocks

Investors are likely to take profits in the Thai stock market because of the closing of third quarter accounts, dealers said. The Stock Exchange of Thailand (SET) composite index rose 7.90 points or 1.11 percent over the past week to close Friday at 721.5
Published 28 Sep, 2009 12:00am
Indian shares likely to consolidate further

Indian shares likely to consolidate further

India's stock market could consolidate further, tracking global trends and the outcome of the Group of 20 summit, which is seeking to finalise a blueprint for the global economy, dealers said. During the week to September 25, the 30-share Sensex index fel
Published 28 Sep, 2009 12:00am
Seoul shares expected to take pause

Seoul shares expected to take pause

South Korea's stock market is expected to take a breather due to uncertainties over upcoming economic data, an analyst said. The benchmark KOSPI lost 8.23 points or 0.48 percent over the week to end at 1,691.48 on Friday.
Published 28 Sep, 2009 12:00am
London investors await growth data

London investors await growth data

Investors on the London Stock Exchange will cast their eyes over key British growth data and a batch of trading updates next week as the FTSE 100 looks to get back on track. The FTSE 100 index of leading shares ended Friday at 5,082.20 points, down 1.75 p
Published 28 Sep, 2009 12:00am
Singapore shares expected to be upbeat

Singapore shares expected to be upbeat

Singapore shares are expected to be upbeat, boosted by better-than-expected industrial output data showing further signs of an economic recovery, analysts said. The blue chip Straits Times Index closed at 2,662.82 on Friday, up 14.91 points or 0.56 percen
Published 28 Sep, 2009 12:00am
New Zealand beat Sri Lanka to revive campaign

New Zealand beat Sri Lanka to revive campaign

Brave opener Jesse Ryder struck 74 runs to set up New Zealand for a 38-run win over Sri Lanka at the Wanderers Sunday that kept alive hopes of an ICC Champions Trophy semi-finals place. Ryder had to use a runner as he battled a hamstring injury and his 12
Published 28 Sep, 2009 12:00am
Wall Street steps back from spectacular six-month rally

Wall Street steps back from spectacular six-month rally

Wall Street has stepped back from a spectacular six-month rally, leaving investors pondering the depth of the latest pullback in the context of a fragile economic recovery. Some analysts say a "correction" would be healthy for the market by working off so
Published 28 Sep, 2009 12:00am
Pakistan through to semi-finals after beating India

Pakistan through to semi-finals after beating India

Shoaib Malik and Mohammad Yousuf shared a record fourth-wicket stand to help Pakistan beat India by 54 runs on Saturday to reach the Champions Trophy semi-finals. Pakistan compiled 302 for nine after winning the toss and batting before restricting their a
Published 28 Sep, 2009 12:00am
How to whiten black money?

How to whiten black money?

The much-feared United States Internal Revenue Service (IRS) is credited with fearlessly placing not only influential and wealthy tax evaders on the mat, but also dangerous criminals, inclusive of those engaged in the drug trade. The IRS is able to do so
Published 28 Sep, 2009 12:00am
Government to set up 6,626 water filtration plants: Firdous

Government to set up 6,626 water filtration plants: Firdous

Government has decided to establish as many as 6626 water filtration plants in all the urban and rural areas of the country for providing potable drinking water facility closer to their residences by spending millions of rupees, as this multi-phased compr
Published 28 Sep, 2009 12:00am
Business activities pick momentum in Quetta

Business activities pick momentum in Quetta

Business activities has got momentum in the provincial capital after passing of one week after Eid, as most of shopkeepers had headed to their natives towns in interior Balochistan to celebrate Eid with their families.
Published 28 Sep, 2009 12:00am
International moot on street children

International moot on street children

An international conference on street children will begin in a local hotel today. The two-day moot would be organised under the auspices of the Azad Foundation, an NGO, working for the welfare of the street children.
Published 28 Sep, 2009 12:00am
New industrial zone to be set up in Mirpur

New industrial zone to be set up in Mirpur

The Government of Azad Jammu Kashmir is planning to set up a new industrial zone, over an area of 26000 kanal of land in Mirpur district to boost economic activities in the liberated territory, official sources said.
Published 28 Sep, 2009 12:00am
PIBC hails India's desire for peace

PIBC hails India's desire for peace

Pak-India Business Council (PIBC) has welcomed the statement of Indian Foreign Minister in the United Nations General Assembly that India wants to resolve all issues with Pakistan through dialogue and also desires for peace and stability in Pakistan.
Published 28 Sep, 2009 12:00am
Career in 'organised crime'

Career in 'organised crime'

While the sugar crisis continues to prevail, to the dismay of the masses, details of an investigative report on the 2006 sugar crisis prepared by the National Accountability Bureau has been presented in the Supreme Court, which confirms that the major mil
Published 28 Sep, 2009 12:00am
Musharraf's smart moves

Musharraf's smart moves

General Musharraf (retd) has played another clever trick by having involved the then-top brass of the Pakistan Army in the controversial acts he took as president, which has had far-reaching impact.
Published 28 Sep, 2009 12:00am
G20 - A victory for emerging powers

G20 - A victory for emerging powers

The Group of 20 (G20) bloc has been credited with helping the world avoid a second Great Depression. Now, the G20, which brings together advanced and emerging powers that comprise about four-fifths of the global economy, has been assured its place as the
Published 28 Sep, 2009 12:00am
Why rental power plants?

Why rental power plants?

Senior economists, portrayed in May this year, a highly depressing picture of the decline in the productivity of Pakistan's industrial sector caused mainly by power loadshedding, asserting that overall loss of industrial production had been as high as Rs
Published 28 Sep, 2009 12:00am
Zardari at the UN

Zardari at the UN

In his address to the UN General Assembly President Zardari underlined a number of issues that need to be urgently addressed to uproot terrorism, sustain and reinforce democracy and bring peace and prosperity to South Asia.
Published 28 Sep, 2009 12:00am
Common threat warrants a common response

Common threat warrants a common response

In his UN speech US President Barack Obama urged global action against the impending threat of climate change. Noting that mankind has been slow to respond to, or even recognise, the magnitude of the climate threat, he conceded "it is true of my own count
Published 28 Sep, 2009 12:00am
ADB's outlook

ADB's outlook

There was nothing new about the economy of Pakistan in the "Asian Development Outlook 2009" released by the Asian Development Bank (ADB) on 22nd September, 2009. The Outlook notes that inflationary pressures persisted in FY2009 despite economic slowdown,
Published 28 Sep, 2009 12:00am
China played commendable role in progress of Pakistan: Shahbaz

China played commendable role in progress of Pakistan: Shahbaz

Punjab government and China State Construction and Engineering Company (CSCEC) have decided to cooperate in Lahore Ring Road and Rawalpindi Expressway projects and a team of Chinese company will visit Lahore on October 15 to settle details in this regard.
Published 28 Sep, 2009 12:00am
China Cultural Week starts today

China Cultural Week starts today

To celebrate the 60th anniversary of the founding of People's Republic of China, the Chinese Embassy will start its weeklong cultural activities here from September 28th (today). Ministry of Culture in collaboration with the Embassy of China hold "China C
Published 28 Sep, 2009 12:00am
World Rabies Day being observed today

World Rabies Day being observed today

The third annual World Rabies Day would be observed across the globe today (Sep 28), aiming to raise awareness and understanding about the importance of rabies prevention. The campaign brings together thousands of individuals from health experts to everyd
Published 28 Sep, 2009 12:00am
Prices move down on slow pace of commodities business

Prices move down on slow pace of commodities business

Eid holidays were washed days of buying and selling activity on almost all commodities markets. Hence Thursday was the opening day of the week. Naturally the pace of business was slow and changes in price level only a few. Notable was rapeseed oilcake bet
Published 28 Sep, 2009 12:00am
Textile policy provides boost; spot rate, lint prices turn higher

Textile policy provides boost; spot rate, lint prices turn higher

Favourable terms granted possibly by the first-ever five-year textile policy- cotton buying sustained during pre- and post-Eid holidays. Rates in ready were higher somewhat so was the case in Punjab plants spot rate after retaining for five days at the la
Published 28 Sep, 2009 12:00am
Ulema urged to play role for religious harmony

Ulema urged to play role for religious harmony

Ulema of various schools of thought ought to play their due role in promoting religious harmony, brotherhood, tolerance and unity in the society and should extend all out co-operation to the government in eliminating terrorism and sectarian differences.
Published 28 Sep, 2009 12:00am
Authorities asked to produce Masarrat Alam before court

Authorities asked to produce Masarrat Alam before court

The Sessions Court occupied Srinagar has directed the puppet authorities to produce the illegally detained Hurriyet leader and the Chairman of Muslim League Jammu and Kashmir (ML), Masarrat Alam Butt in the court on October 12.
Published 28 Sep, 2009 12:00am
ZAB's judicial murder case reopening demanded

ZAB's judicial murder case reopening demanded

Addressing a seminar the speakers have demanded the government to reopen judicial murder case of Shaheed Zulfiqar Ali Bhutto. The seminar titled 'role of secret agencies in Pakistani politics' was organised by Sheikh Rasheed Foundation on the death annive
Published 28 Sep, 2009 12:00am
Textile policy provides boost; spot rate, lint prices turn higher

Textile policy provides boost; spot rate, lint prices turn higher

Favourable terms granted possibly by the first-ever five-year textile policy- cotton buying sustained during pre- and post-Eid holidays. Rates in ready were higher somewhat so was the case in Punjab plants spot rate after retaining for five days at the la
Published 28 Sep, 2009 12:00am
Over 2,000 agreements signed with private sector: MD Pepco

Over 2,000 agreements signed with private sector: MD Pepco

MD Pepco, Tahir Basharat Chima has said that more than two thousand agreements have been signed in the private sector to enhance power production to overcome the energy crisis. Addressing the Pepco officials here he said the government is taking serious s
Published 28 Sep, 2009 12:00am
Altaf's remarks slammed

Altaf's remarks slammed

Adviser to Punjab government Senator Pervaiz Rashid has said MQM Chief Altaf Hussain's statement "against the unity of Punjab reflects his typical narrow linguistic approach, and at a time when the need of national integrity is more than ever Altaf Hussai
Published 28 Sep, 2009 12:00am
FoDP assistance for Pakistan hailed

FoDP assistance for Pakistan hailed

Federal Minister for Population Welfare Dr Firdous Ashiq Awan has said that the assistance by Friends of Democratic Pakistan (FoDP) is a fulfilment of need-based demands by Pakistan government with friends nations as country suffered huge loss on the econ
Published 28 Sep, 2009 12:00am
FoDP meeting termed successful

FoDP meeting termed successful

The successful meeting of Friends of Democratic Pakistan (FoDP) is an indication of President Asif Ali Zardari's political foresightedness. Pakistan Peoples Party Rawalpindi Chapter President Aamir Fida Peracha expressed these views while talking to APP h
Published 28 Sep, 2009 12:00am
Sindh University announces last date for admissions

Sindh University announces last date for admissions

Sindh University, Registrar has announced that last date for admissions to B.A, B.Sc, B.Com, BSW, B.Sc Home Economics Part-I and Part-II and M.A, M.Sc and M.Com previous has fixed as November, 25. The interested candidates are hereby advised to contact th
Published 28 Sep, 2009 12:00am
Call to develop awareness about anaesthesia

Call to develop awareness about anaesthesia

A CME was organised on Sunday by the Department of Anesthesiology, Surgical Intensive Care Unit and Pain Management Liaquat National Hospital and Medical College on "Public awareness regarding Anesthesia and Anesthesiologist".
Published 28 Sep, 2009 12:00am
One terrorist killed, 17 injured in Malakand

One terrorist killed, 17 injured in Malakand

Security forces killed one terrorist, injured another 17 including three notorious and wanted commanders during ongoing 'Operation Rah e Rast in Swat and other parts of Malakand division, while four have surrendered.
Published 28 Sep, 2009 12:00am
Three killed in firing incident

Three killed in firing incident

Three persons were killed and many others injured when motorcycle riders ambushed and showered bullets on a car in Dhok Ellahi Bakhsh area of downtown of Rawalpindi city on Sunday. Three persons including Mushtaq, Pappu Sheikh and Kala Khan in the car die
Published 28 Sep, 2009 12:00am
Ministers meet Gilani

Ministers meet Gilani

Federal Ministers Qamar Zaman Kaira, Raja Pervaiz Ashraf, Dr Zaheeruddin Babar Awan and Syed Naveed Qamar met Prime Minister, Syed Yousuf Raza Gilani at the Prime Minister House here on Sunday evening and discussed with him matters of national importance.
Published 28 Sep, 2009 12:00am
PMKM flays government for not taking up water issues with India

PMKM flays government for not taking up water issues with India

Pakistan Muttahida Kissan Mahaz (PMKM) has criticised the government for not taking up water issues with India seriously, which (Indai) is determined to turn Pakistan into desert by constructing dams on rivers Indus, Jhelum and Chenab.
Published 28 Sep, 2009 12:00am
Government to revive Swat as tourism spot: Sharmila

Government to revive Swat as tourism spot: Sharmila

Advisor to Sindh Chief Minister Ms. Sharmila Faruqui said on Sunday that the government would revive Swat valley as tourism spot after successful military operation and restoration of peace in the region.
Published 28 Sep, 2009 12:00am
Ban on pillion riding costs Rs 13 billion to Karachiites

Ban on pillion riding costs Rs 13 billion to Karachiites

The ban on pillion riding that continued for nine months in Karachi cost them additional Rs 13 billion, which went into the pockets of transporter mafia, said Pasban leader. Karachiites remained deprived of their right of pillion riding for 9 months. On a
Published 28 Sep, 2009 12:00am
Textile machinery, equipment: decision to allow duty free import lauded

Textile machinery, equipment: decision to allow duty free import lauded

Former Punjab Minister for Industries and ex-president of MCCI Khawaja Muhammad Jalaluddin Roomi has welcomed the decision of Federal Board of Revenue (FBR) on Sunday to allow duty free import of a wide range of textile machinery and equipment including m
Published 28 Sep, 2009 12:00am
PCCC, Guard, Biocentury to ink MoU on Bt cotton

PCCC, Guard, Biocentury to ink MoU on Bt cotton

Pakistan Central Cotton Committee (PCCC), a Chinese firm Biocentury and Guard Group of Companies (Agriculture wing) are going to sign a memorandum of understanding (MoU) in cotton-rich Multan to jointly develop Bt cotton varieties on September 29.
Published 28 Sep, 2009 12:00am
Punjab government to enhance industrial development, says Shahbaz

Punjab government to enhance industrial development, says Shahbaz

Punjab government is pursuing the policy to expand industrial development for provision of productive employment and ensuring free and quality vocational education and training facilities to the growing labour force in the province to tackle rising unempl
Published 28 Sep, 2009 12:00am
Swine flu patients to be discharged soon: Pims

Swine flu patients to be discharged soon: Pims

Both patients of swine flu admitted in Pakistan Institute of Medical Sciences (Pims) are stable and will be discharged soon. According to hospital sources, swine flu patients Syed Abdul Qadir Hussain and Imran Khan are recovering and are out of serious co
Published 28 Sep, 2009 12:00am
Denial of passport puts IHK lawyer's career at stake

Denial of passport puts IHK lawyer's career at stake

In occupied Kashmir, even as the High Court had directed the passport authorities to issue passport to a law student, Naseer Ahmad Shah within three days, he did not receive it after the passage of 14 days. The delay means that Naseer will miss the chance
Published 28 Sep, 2009 12:00am
OIC urged to help resolve Kashmir dispute

OIC urged to help resolve Kashmir dispute

The All Parties Hurriyet Conference (APHC) has appealed the Organisation of Islamic Conference (OIC) to help resolve the Kashmir dispute in accordance with the Kashmiri aspirations. The APHC spokesman in a statement issued in Srinagar called upon the OIC
Published 28 Sep, 2009 12:00am
Zardari hailed for raising Kashmir issue

Zardari hailed for raising Kashmir issue

All Parties Hurriyet Conference (APHC) leader and the Chairperson of Jammu Kashmir Muslim Khawateen Markaz, Yasmeen Raja, has thanked President Asif Ali Zardari for raising the Kashmir dispute in the United Nations General Assembly.
Published 28 Sep, 2009 12:00am
Natural History Museum to arrange workshop

Natural History Museum to arrange workshop

Pakistan Museum of Natural History (PMNH) in collaboration with Snow Leopard Trust (SLT) is organising a two-day international workshop on "Modern Techniques for the Analysis of Ecological Data" here from September 29. As many as 70 scientists, researcher
Published 28 Sep, 2009 12:00am
Farmers demand lower price of wheat seeds

Farmers demand lower price of wheat seeds

Farmers stage protest against the high rate of seed bag as it is not possible for the small farmers to buy certified wheat seeds at a high rate. They warn that if the government does not reduce the seed prices, then the cultivation of wheat would severely
Published 28 Sep, 2009 12:00am
Iran test-fires missiles amid nuclear tension

Iran test-fires missiles amid nuclear tension

Iran test-fired missiles on Sunday to show it was prepared to head off any military threat, four days before the Islamic Republic is due to hold rare talks with world powers worried about its nuclear ambitions.
Published 28 Sep, 2009 12:00am
THE RUPEE: falling trend

THE RUPEE: falling trend

The rupee fell modestly against dollar on the money market during the week ended on September 26, 2009, shortened due to Eid-ul-Fitr holidays. On the interbank market, the rupee lost 4 paisa against dollar for buying at 83.04 and 4 paisa for selling at 83
Published 28 Sep, 2009 12:00am
THE RUPEE: falling trend

THE RUPEE: falling trend

The rupee fell modestly against dollar on the money market during the week ended on September 26, 2009, shortened due to Eid-ul-Fitr holidays. On the interbank market, the rupee lost 4 paisa against dollar for buying at 83.04 and 4 paisa for selling at 83
Published 28 Sep, 2009 12:00am
Wheat support price may not be revised upward

Wheat support price may not be revised upward

The government is unlikely to revise wheat support price upward for 2009-10 despite Ministry of Food and Agriculture's (Minfa) own acknowledgement that input cost has increased by 15 percent, sources told Business Recorder. They said 'Guaranteed Mi
Published 28 Sep, 2009 12:00am
Wheat support price may not be revised upward

Wheat support price may not be revised upward

The government is unlikely to revise wheat support price upward for 2009-10 despite Ministry of Food and Agriculture's (Minfa) own acknowledgement that input cost has increased by 15 percent, sources told Business Recorder. They said 'Guaranteed Mi
Published 28 Sep, 2009 12:00am
Wheat support price may not be revised upward

Wheat support price may not be revised upward

The government is unlikely to revise wheat support price upward for 2009-10 despite Ministry of Food and Agriculture''s (Minfa) own acknowledgement that input cost has increased by 15 percent, sources told Business Recorder. They said ''Guaranteed
Published 28 Sep, 2009 12:00am
Ogra to be empowered to fix Ethanol-10 price: Cabinet meeting today

Ogra to be empowered to fix Ethanol-10 price: Cabinet meeting today

The Cabinet which is scheduled to meet on Monday, will empower the Oil and Gas Regulatory Authority (Ogra) to fix price of Ethanol-10 (E-10) per litre, in addition to resolving the controversy over imposition of PDL (petroleum development levy) on the ble
Published 28 Sep, 2009 12:00am
Ogra to be empowered to fix Ethanol-10 price: Cabinet meeting today

Ogra to be empowered to fix Ethanol-10 price: Cabinet meeting today

The Cabinet which is scheduled to meet on Monday, will empower the Oil and Gas Regulatory Authority (Ogra) to fix price of Ethanol-10 (E-10) per litre, in addition to resolving the controversy over imposition of PDL (petroleum development levy) on the ble
Published 28 Sep, 2009 12:00am
Ogra to be empowered to fix Ethanol-10 price: Cabinet meeting today

Ogra to be empowered to fix Ethanol-10 price: Cabinet meeting today

The Cabinet which is scheduled to meet on Monday, will empower the Oil and Gas Regulatory Authority (Ogra) to fix price of Ethanol-10 (E-10) per litre, in addition to resolving the controversy over imposition of PDL (petroleum development levy) on the ble
Published 28 Sep, 2009 12:00am
Stocks mixed during two-day trading

Stocks mixed during two-day trading

Mixed trend was observed at Karachi share market during the week ending on Sep 26, 2009 with healthy trading volumes on the back of foreign investors, coupled with local investors' interest. The week had only two trading sessions as the market remained cl
Published 28 Sep, 2009 12:00am
Stocks mixed during two-day trading

Stocks mixed during two-day trading

Mixed trend was observed at Karachi share market during the week ending on Sep 26, 2009 with healthy trading volumes on the back of foreign investors, coupled with local investors' interest. The week had only two trading sessions as the market remained cl
Published 28 Sep, 2009 12:00am
Stocks mixed during two-day trading

Stocks mixed during two-day trading

Mixed trend was observed at Karachi share market during the week ending on Sep 26, 2009 with healthy trading volumes on the back of foreign investors, coupled with local investors'' interest. The week had only two trading sessions as the market remained c
Published 28 Sep, 2009 12:00am
Futures open interest down by 26 percent

Futures open interest down by 26 percent

The open interest at the futures counter declined by 26 percent during the week ending on Sep 26, 2009 to Rs 257.4 million. The future spreads decreased by a significant 5.8pps on weekly basis to 1.24 percent as compared to 7.11 percent of previous week.
Published 28 Sep, 2009 12:00am
Futures open interest down by 26 percent

Futures open interest down by 26 percent

The open interest at the futures counter declined by 26 percent during the week ending on Sep 26, 2009 to Rs 257.4 million. The future spreads decreased by a significant 5.8pps on weekly basis to 1.24 percent as compared to 7.11 percent of previous week.
Published 28 Sep, 2009 12:00am
Gwadar Port Authority to be restructured

Gwadar Port Authority to be restructured

The government has decided to revise Gwadar Port Authority's (GPA) structure by replacing the Chairman and members of the Board with non-executive professionals, with the objective of placing skilled people at the helm, official sources told Business R
Published 28 Sep, 2009 12:00am
Futures open interest down by 26 percent

Futures open interest down by 26 percent

The open interest at the futures counter declined by 26 percent during the week ending on Sep 26, 2009 to Rs 257.4 million. The future spreads decreased by a significant 5.8pps on weekly basis to 1.24 percent as compared to 7.11 percent of previous week.
Published 28 Sep, 2009 12:00am
Gwadar Port Authority to be restructured

Gwadar Port Authority to be restructured

The government has decided to revise Gwadar Port Authority's (GPA) structure by replacing the Chairman and members of the Board with non-executive professionals, with the objective of placing skilled people at the helm, official sources told Business R
Published 28 Sep, 2009 12:00am
Gwadar Port Authority to be restructured

Gwadar Port Authority to be restructured

The government has decided to revise Gwadar Port Authority''s (GPA) structure by replacing the Chairman and members of the Board with non-executive professionals, with the objective of placing skilled people at the helm, official sources told Business
Published 28 Sep, 2009 12:00am
When the small-caps begin to rise

When the small-caps begin to rise

With Pakistan PTA in the limelight for most part of September, smalls cap stocks are back in action after remaining silent for a long time at the Karachi bourse. While the rising interest in PPTA is understandable in light of the acquisition of its majori
Published 28 Sep, 2009 12:00am
APNA rejects Gilgit-Baltistan Empowerment Order

APNA rejects Gilgit-Baltistan Empowerment Order

The nationalist parties of Gilgit-Baltistan and Azad Kashmir have rejected the Gilgit-Baltistan Empowerment Order and termed it an attempt to divide Kashmir and cause a dent to Kashmir cause internationally.
Published 28 Sep, 2009 12:00am
Zardari to reach Italy today

Zardari to reach Italy today

President Asif Ali Zardari will reach Italy today (Monday) on a three-day official visit at the conclusion of his six-day sojourn to the United States. During his three-day official visit to Italy, President Zardari will meet President, Napolitano and Pri
Published 28 Sep, 2009 12:00am
Raise in electricity price: MQM MNAs for rejection of summary

Raise in electricity price: MQM MNAs for rejection of summary

Muttahida Qaumi Movement, MQM-backed members of the National Assembly have appealed that the summary regarding increase in prices of electricity be rejected. In a joint statement issued by MQM here, the party's parliamentarians said that the people be pro
Published 28 Sep, 2009 12:00am
Senator welcomes passage of Kerry-Lugar Bill

Senator welcomes passage of Kerry-Lugar Bill

A prominent PPP leader Senator Gul Mohammed Lot has said the passage of Kerry-Lugar Bill is reflective of world support to Pakistan's foreign policy and President Asif Ali Zardari's efforts against terrorism and militancy. He was talking to the media at a
Published 28 Sep, 2009 12:00am
All in green - but a long way to go

All in green - but a long way to go

For the first time this fiscal year, both NFA and NDA are in the greens in a single given week, but the festive driven growth in currency-in circulation reduced the flows in the banking system. Nonetheless, the increase in money supply for the third strai
Published 28 Sep, 2009 12:00am
Proposal to close CNG stations in winter highly uncalled for

Proposal to close CNG stations in winter highly uncalled for

Sui Northern's proposal to OGRA to suspend gas supply to CNG stations all over the country for three months has raised some serious concerns. SNGPL has cited 850 mmcfd of gas shortage during winters as the major reason behind its proposal for gas load she
Published 28 Sep, 2009 12:00am
Four traffic wardens sacked

Four traffic wardens sacked

Chief Traffic Officer (CTO) SSP Dr Muhammad Akhtar Abbas has terminated the services of four traffic wardens after proving their negligence and absence from duty. A press release issued by the City Traffic Headquarter on Sunday revealed that about 18 traf
Published 28 Sep, 2009 12:00am
Community midwifery homes being established

Community midwifery homes being established

Parliamentary Secretary for Health Dr Mehreen Bhutto has said that community midwifery homes are being established at the far-flung areas of all provinces to provide basic health facilities to child and mother.
Published 28 Sep, 2009 12:00am
US wants to seize control of our nuclear programme: Hashmi

US wants to seize control of our nuclear programme: Hashmi

Senior Vice President PML-N, Makhdoom Javed Hashmi, has severely criticised the US aid and said that Pakistan's sovereignty, freedom and nuclear programme are threatened. US wants to make us slave that's why the aid is subjected to conditions. Hashmi said
Published 28 Sep, 2009 12:00am
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