AGL 40.00 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.20 Decreased By ▼ -0.79 (-0.62%)
BOP 6.62 Increased By ▲ 0.02 (0.3%)
CNERGY 4.48 Decreased By ▼ -0.12 (-2.61%)
DCL 8.58 Increased By ▲ 0.10 (1.18%)
DFML 41.72 Increased By ▲ 0.24 (0.58%)
DGKC 87.40 Increased By ▲ 0.82 (0.95%)
FCCL 32.42 Increased By ▲ 0.28 (0.87%)
FFBL 64.99 Decreased By ▼ -0.43 (-0.66%)
FFL 10.23 Decreased By ▼ -0.02 (-0.2%)
HUBC 109.49 Decreased By ▼ -1.00 (-0.91%)
HUMNL 14.70 Decreased By ▼ -0.05 (-0.34%)
KEL 5.08 Decreased By ▼ -0.05 (-0.97%)
KOSM 7.56 Increased By ▲ 0.44 (6.18%)
MLCF 41.40 Decreased By ▼ -0.25 (-0.6%)
NBP 59.50 Decreased By ▼ -0.59 (-0.98%)
OGDC 192.39 Decreased By ▼ -2.30 (-1.18%)
PAEL 28.17 Increased By ▲ 0.22 (0.79%)
PIBTL 7.78 Decreased By ▼ -0.22 (-2.75%)
PPL 151.50 Increased By ▲ 0.33 (0.22%)
PRL 26.33 Decreased By ▼ -0.55 (-2.05%)
PTC 16.10 Increased By ▲ 0.10 (0.63%)
SEARL 83.32 Increased By ▲ 5.12 (6.55%)
TELE 7.79 Increased By ▲ 0.40 (5.41%)
TOMCL 35.48 Decreased By ▼ -0.19 (-0.53%)
TPLP 8.10 Increased By ▲ 0.19 (2.4%)
TREET 16.05 Increased By ▲ 0.16 (1.01%)
TRG 53.15 Increased By ▲ 0.39 (0.74%)
UNITY 26.29 Decreased By ▼ -0.26 (-0.98%)
WTL 1.26 Decreased By ▼ -0.01 (-0.79%)
BR100 9,899 Decreased By -20.8 (-0.21%)
BR30 30,652 Decreased By -99.5 (-0.32%)
KSE100 93,496 Increased By 271.2 (0.29%)
KSE30 28,977 Increased By 91.9 (0.32%)
Print - 2009-11-27
Cost concerns unlikely to sink US health overhaul

Cost concerns unlikely to sink US health overhaul

A US debt that is topping $12 trillion is raising fresh questions about the cost of President Barack Obama's proposed healthcare overhaul, but those concerns are unlikely to sink the legislation.
Published 27 Nov, 2009 12:00am
Honduras Supreme Court backs Zelaya ouster

Honduras Supreme Court backs Zelaya ouster

Honduras' Supreme Court ruled on Wednesday that ousted President Manuel Zelaya cannot legally return to office, dimming the possibility of his reinstatement after a June coup, court sources said.
Published 27 Nov, 2009 12:00am
South Korean strike cripples cargo train service

South Korean strike cripples cargo train service

South Korean railway workers Thursday went on strike to cripple the nation's cargo train service after talks with management over working conditions failed, officials said. The 25,000-strong union of KORAIL, the country's railway monopoly, said about 16,0
Published 27 Nov, 2009 12:00am
Lebanon gives Hezbollah right to use arms against Israel

Lebanon gives Hezbollah right to use arms against Israel

Lebanon's new cabinet has agreed on a policy statement that acknowledges Hezbollah's right to use its weapons against Israel, despite disagreement by some members of the ruling majority. Information Minister Tarek Mitri said late Wednesday after a cabinet
Published 27 Nov, 2009 12:00am
Couple crashed White House state dinner

Couple crashed White House state dinner

The US Secret Service is investigating how two aspiring reality TV stars beat several layers of security to gatecrash President Barack Obama's first White House state dinner.
Published 27 Nov, 2009 12:00am
27 journalists among Philippines massacre victims

27 journalists among Philippines massacre victims

Twenty-seven journalists were among 57 people killed in a massacre in the southern Philippines blamed on an ally of President Gloria Arroyo, the military said Thursday. The dead also included up to 15 motorists who, like the reporters, had no known quarre
Published 27 Nov, 2009 12:00am
Main suspect in southern Philippine massacre surrenders

Main suspect in southern Philippine massacre surrenders

The principal suspect in the grisly killing of 57 people in the southern Philippines surrendered Thursday to a senior aide of President Gloria Macapagal Arroyo, who has been criticized for her government's timid response to the carnage.Police immediately
Published 27 Nov, 2009 12:00am
Irish church obsessively hid child abuse

Irish church obsessively hid child abuse

The Roman Catholic archdiocese of Dublin obsessively covered up widespread sexual abuse of children by priests until the mid-1990s in a misuse of the Church's central role in Irish society, an official report said on Thursday.
Published 27 Nov, 2009 12:00am
Delhi admits paying 23,000 non-existent workers

Delhi admits paying 23,000 non-existent workers

New Delhi authorities have been paying salaries to 23,000 non-existent employees at a cost of more than 40 million dollars annually, a statement from the mayor's office said Thursday. The discrepancy was discovered after Kanwar Sain, mayor of the Indian c
Published 27 Nov, 2009 12:00am
Eritrea warns West against imposing sanctions

Eritrea warns West against imposing sanctions

Eritrean President Isaias Afwerki said the international community would regret moves to impose sanctions on the country, a government website said on Thursday. The UN Security Council is reviewing draft plans for punitive measures against the Red Sea sta
Published 27 Nov, 2009 12:00am
PFF League 2009: SSGC, SGP, Ravi enter next phase

PFF League 2009: SSGC, SGP, Ravi enter next phase

Sindh Government Press (SGP), Sui Southern Gas Company (SSGC), Islamabad's Ravi Club forced their way into elimination phase of Pakistan Football Federation (PFF) League 2009 on Thursday when they join Sahiwal's Young Blood, Quetta's Baloch FC, Pakistan T
Published 27 Nov, 2009 12:00am
Sri Lanka face defeat: Sreesanth grabs six wickets on comeback

Sri Lanka face defeat: Sreesanth grabs six wickets on comeback

Indian fast bowler Shanthakumaran Sreesanth grabbed six wickets on his comeback to leave Sri Lanka facing an innings defeat in the second Test on Thursday. The 26-year-old captured five for 75 to dismiss Sri Lanka for 229 in the first innings and help Ind
Published 27 Nov, 2009 12:00am
Akmal brothers lead Pakistan revival

Akmal brothers lead Pakistan revival

Pakistan were 307-8 at stumps on the third day of the first cricket Test against New Zealand at University Oval in Dunedin, a first innings deficit of 122. Umar Akmal, 19, top scored with 129 - the 11th Pakistani to make a hundred on debut - while Shane B
Published 27 Nov, 2009 12:00am
Barcelona-Real clash to be shown in Spanish cinemas

Barcelona-Real clash to be shown in Spanish cinemas

The much-anticipated Spanish league showdown between champions Barcelona and their arch-rivals Real Madrid later this weekend will be shown in cinemas across the country, broadcast rights holder Mediapro said Wednesday.
Published 27 Nov, 2009 12:00am
Ronaldo back as Real close in on knockout stage

Ronaldo back as Real close in on knockout stage

Cristiano Ronaldo ended two months of injury torment with a 20-minute appearance as Real Madrid put one foot in the Champions League knockout phase with a 1-0 Group C home win over FC Zurich on Wednesday.
Published 27 Nov, 2009 12:00am
Nadal crashes out, Soderling crushes Djokovic

Nadal crashes out, Soderling crushes Djokovic

Rafael Nadal will not be carrying home any fond memories from his trips to London this year after he became the first player to be knocked out of the ATP World Tour Finals on Wednesday.
Published 27 Nov, 2009 12:00am
Roma Club take All Punjab Model Town Soccer Cup

Roma Club take All Punjab Model Town Soccer Cup

Sabzazar's famous Roma Football Club continued their giant-killing act in final when they caused sensational solitary goal win over formidable Real Lahore to win the title of All Punjab Model Town Soccer Cup at Fame Sports Academy Ground, A-B Garden, Mode
Published 27 Nov, 2009 12:00am
Malaysia to impose VAT to boost revenues

Malaysia to impose VAT to boost revenues

Malaysia plans to impose a goods and services tax, likely from 2012, in a bold but potentially unpopular move to boost revenues as it faces its largest budget deficit in more than 20 years. A top Malaysian finance official said on Thursday that the long p
Published 27 Nov, 2009 12:00am
Obama's agenda runs into economic angst in Congress

Obama's agenda runs into economic angst in Congress

US President Barack Obama is paying a price for a recession that began before he took office, and fellow Democrats have started to balk at his legislative agenda and demand greater efforts to create jobs.
Published 27 Nov, 2009 12:00am
DSG's better sales trend improves outlook for Xmas

DSG's better sales trend improves outlook for Xmas

DSG International, Europe's No 2 electricals retailer reported a pick-up in sales in recent weeks helped by store upgrades and demand for Microsoft's new Windows 7, giving it confidence for Christmas.
Published 27 Nov, 2009 12:00am
DSG's better sales trend improves outlook for Xmas

DSG's better sales trend improves outlook for Xmas

DSG International, Europe's No 2 electricals retailer reported a pick-up in sales in recent weeks helped by store upgrades and demand for Microsoft's new Windows 7, giving it confidence for Christmas.
Published 27 Nov, 2009 12:00am
Australian firms boost spending plans, rate rise seen

Australian firms boost spending plans, rate rise seen

Investment by Australian businesses slipped unexpectedly last quarter but a sharp upward revision to spending plans supported policy makers' optimism about the economy and left intact the case for an imminent rise in interest rates.
Published 27 Nov, 2009 12:00am
EU looks to bolster protection for Holidaymakers

EU looks to bolster protection for Holidaymakers

The European Union is looking to tighten regulations on websites selling travel packages, a move to protect consumers better when tour operators fail. The plan is a response to the huge increase in people booking holidays online, particularly "dynamic pac
Published 27 Nov, 2009 12:00am
Japan says no plans to intervene to curb yen

Japan says no plans to intervene to curb yen

The Japanese finance minister and one of his deputies said they had no plans to intervene to try to stop the yen's rise as it jumped to a 14-year high on Thursday, saying current moves were led by the dollar's fall. "We are not considering intervention ri
Published 27 Nov, 2009 12:00am
Tata Steel posts loss

Tata Steel posts loss

Tata Steel posted a second consecutive consolidated quarterly net loss, but the world's No 8 steelmaker by output expects a sharp improvement in the second half of the fiscal year to March on reviving demand.
Published 27 Nov, 2009 12:00am
Tata Steel posts loss

Tata Steel posts loss

Tata Steel posted a second consecutive consolidated quarterly net loss, but the world's No 8 steelmaker by output expects a sharp improvement in the second half of the fiscal year to March on reviving demand.
Published 27 Nov, 2009 12:00am
Fed's zero rate policy sparking growing Complaints

Fed's zero rate policy sparking growing Complaints

The Federal Reserve's zero interest rate policy is provoking growing complaints from some economists who argue it is doing little to spark lending activity and may be fuelling new asset bubbles. Few expect any immediate hike in the federal funds rate, whi
Published 27 Nov, 2009 12:00am
Brazil's unemployment falls more than expected

Brazil's unemployment falls more than expected

Brazil's jobless rate fell in October to its lowest level since December, underscoring the momentum gathering behind a recovery in Latin America's largest economy. The rate fell to 7.5 percent in October from 7.7 percent in September, statistics agency IB
Published 27 Nov, 2009 12:00am
Taiwan GDP beats forecasts, outlook healthy

Taiwan GDP beats forecasts, outlook healthy

Taiwan's economy grew at a solid pace in the third quarter on an annualised basis, as domestic demand and exports picked up, backing views the central bank will start lifting rates as early as in the first quarter of next year.
Published 27 Nov, 2009 12:00am
Yuan slips

Yuan slips

The yuan fell slightly against the dollar in key offshore non-deliverable forwards (NDFs) on Thursday as the US Thanksgiving Day holiday made trading sluggish in overseas markets, offsetting the impact of a globally weak dollar, traders said. Benchmark on
Published 27 Nov, 2009 12:00am
Dollar slides to 14-year low

Dollar slides to 14-year low

The dollar tumbled to a 14-year low against the yen on Thursday and struck a 1-1/2 year low on the Swiss franc, extending its broad slide on ultra-low US interest rates, even as Japan signalled it had no plans to step in to stem the yen's rise.
Published 27 Nov, 2009 12:00am
US dollar slumps to 15-month lowin New York

US dollar slumps to 15-month lowin New York

The US dollar fell to a more than 15-month low against a basket of six currencies on Wednesday a day after the Federal Reserve indicated the greenback's decline was orderly and that US interest rates would remain low for some time. The euro broke above $1
Published 27 Nov, 2009 12:00am
Hong Kong dollar holds steady

Hong Kong dollar holds steady

The Hong Kong dollar was steady at the top of its trading band against the US dollar on Thursday, despite a drop in the stock market. Dealers said inflows of funds would likely remain parked in the territory. The currency is pegged to the US dollar, which
Published 27 Nov, 2009 12:00am
Australian dollar drops

Australian dollar drops

The Australian dollar fell to its lowest level in over three weeks against the yen on Thursday, after the Japanese currency broke a key resistance level that sent it surging against major currencies. A view the US dollar could weaken further sparked the r
Published 27 Nov, 2009 12:00am
Asian currencies: Baht hits 17-month high

Asian currencies: Baht hits 17-month high

The Thai baht inched up to its highest in 17 months against the dollar on Thursday, while the Philippine peso fell after data showed the economy grew at a slower-than-expected pace in the third quarter. The dollar tumbled to its lowest in 14 years against
Published 27 Nov, 2009 12:00am
Swiss franc eases

Swiss franc eases

The Swiss franc fell against the dollar and the euro on Thursday after hitting fresh highs against both currencies, with traders citing intervention from the Swiss National Bank. Both the SNB and the Bank for International Settlements (BIS) - which trader
Published 27 Nov, 2009 12:00am
Foreign helicopter missing in east Afghanistan

Foreign helicopter missing in east Afghanistan

A helicopter belonging to a military contractor has gone missing in Afghanistan and Nato forces are helping search for it, a spokeswoman said on Thursday.
Published 27 Nov, 2009 12:00am
100 women raped in Guinea crackdown

100 women raped in Guinea crackdown

Guinean soldiers raped at least 100 women during a crackdown on protesters in September, a human rights group said on Thursday. The findings were released as United Nations experts began to investigate the repression, in which about 160 people were killed
Published 27 Nov, 2009 12:00am
Blair's role, US tensions in spotlight at Iraq probe

Blair's role, US tensions in spotlight at Iraq probe

Britain's Tony Blair may have swung behind US calls for regime change in Iraq after meeting President George W. Bush at his Texas ranch in 2002, a top diplomat told an inquiry into the war on Thursday.
Published 27 Nov, 2009 12:00am
China unveils carbon target ahead of Copenhagen

China unveils carbon target ahead of Copenhagen

China unveiled its first firm target to curb greenhouse gas emissions on Thursday, a carbon intensity goal that Premier Wen Jiabao will take to climate talks next month as his country's central commitment. The announcement came a day after the United Stat
Published 27 Nov, 2009 12:00am
More than 300 evacuated in London blaze

More than 300 evacuated in London blaze

About 310 people have been evacuated from their homes after a large fire swept through a block of flats in south London in the early hours of Thursday, police said. Dozens of fire-fighters were tackling the blaze in Peckham and some 20 ambulance crews wer
Published 27 Nov, 2009 12:00am
Iraq attacks kill seven, hit Christian sites

Iraq attacks kill seven, hit Christian sites

A spate of attacks in Iraq killed seven people and struck a church and a convent on Thursday, with one bomb at a busy market claiming three lives as shoppers stocked up for a Eidul-Azha holiday. Two home-made bombs exploded in the market in Mussayib, 60 k
Published 27 Nov, 2009 12:00am
Greek ship Ariana released

Greek ship Ariana released

Somali pirates said they freed a Greek ship on Thursday that they hijacked more than six months ago as it sailed to the Middle East from Brazil. But there were contradictory reports about whether the Maltese-flagged vessel had actually been released, and
Published 27 Nov, 2009 12:00am
Israel dismisses Palestinian rejection of freeze

Israel dismisses Palestinian rejection of freeze

Israel's foreign minister on Thursday shrugged off the Palestinian dismissal of a 10-month moratorium on some building in West Bank settlements, saying winning international support was more important.
Published 27 Nov, 2009 12:00am
Serbian parliamentarian throws shoes at colleague

Serbian parliamentarian throws shoes at colleague

A session of the Serbian parliament was interrupted Thursday when a member of the opposition Radical Party threw her shoes at the chairman of the parliamentary session, Belgrade media reported. The shoes missed their target but the session was interrupted
Published 27 Nov, 2009 12:00am
One dead in Hungary college shooting

One dead in Hungary college shooting

A student opened fire at a university in the southern Hungarian city of Pecs on Thursday, killing one student and wounding three other people, a university spokesman said. Zoltan Gyorffy, press chief of Pecs University, told Reuters the shooting happened
Published 27 Nov, 2009 12:00am
Chavez calls Ahmadinejad 'gladiator' against imperialism

Chavez calls Ahmadinejad 'gladiator' against imperialism

Venezuelan President Hugo Chavez received Iranian President Mahmoud Ahmadinejad Wednesday in Caracas as a "friend and brother" with full military honours. The left-wing Chavez and arch-conservative Ahmadinejad, united in their animosity toward the United
Published 27 Nov, 2009 12:00am
Iran sentences leading reformist to six years

Iran sentences leading reformist to six years

An Iranian court has sentence leading reformist Behzad Nabavi to six years in prison for his part in June demonstrations but freed him on bail pending a possible appeal, his lawyer told AFP on Thursday. It was the latest in a string of tough jail terms ha
Published 27 Nov, 2009 12:00am
Indian rupee falls

Indian rupee falls

The Indian rupee tumbled from a one-week high on Thursday as debt problems in Dubai hit the stock market, boosted the dollar and raised concerns that risk aversion may temper foreign inflows. The partially convertible rupee ended at 46.44/45 per dollar, o
Published 27 Nov, 2009 12:00am
Sterling slides

Sterling slides

Sterling fell on Thursday, hitting its weakest in a month against the euro and a basket of currencies, on worries about British banks' potential exposure to debt problems in Dubai. Dubai's shock move on Wednesday to restructure Dubai World, and delay repa
Published 27 Nov, 2009 12:00am
Dollar gains in London

Dollar gains in London

The dollar gained sharply in holiday-thinned trade on Thursday as renewed risk aversion prompted investors to shed riskier assets. A more than 3 percent fall in European stocks and a 2 percent drop in US futures encouraged traders to trim positions that i
Published 27 Nov, 2009 12:00am
Euro Libor steadies

Euro Libor steadies

The interbank cost of borrowing euros held steady on Thursday after rising for three straight days as data showed cash-flush banks were still reluctant to lend it onto the wider economy.
Published 27 Nov, 2009 12:00am
Philippines shares higher

Philippines shares higher

Philippines share prices closed 0.83 percent higher on Thursday with mining stocks in demand on rising metal prices, dealers said. The composite index added 25.52 points to 3,089.82, while the all shares index gained 0.46 percent or 8.78 points to 1,910.7
Published 27 Nov, 2009 12:00am
US markets closed

US markets closed

The US stocks, financial and commodity markets were closed on Thursday for Thanksgiving and Friday's session will end early.
Published 27 Nov, 2009 12:00am
Europe shares suffer biggest one-day drop in 7 months

Europe shares suffer biggest one-day drop in 7 months

European shares slipped 3.3 percent on Thursday to record their biggest one-day percentage drop in seven months as concerns about debt problems in Dubai weighed on the market, with banks the major fallers. The pan-European FTSEurofirst 300 index of top sh
Published 27 Nov, 2009 12:00am
European CDS widen

European CDS widen

European credit derivative indices widened on Thursday as European equities sold off over worries about potential bank exposure to Dubai. By 1553 GMT, the investment-grade Markit iTraxx Europe index was at 88.3 basis points, according to data from Markit,
Published 27 Nov, 2009 12:00am
European CDS widen

European CDS widen

European credit derivative indices widened on Thursday as European equities sold off over worries about potential bank exposure to Dubai. By 1553 GMT, the investment-grade Markit iTraxx Europe index was at 88.3 basis points, according to data from Markit,
Published 27 Nov, 2009 12:00am
Indian shares down

Indian shares down

Indian stocks fell two percent on Thursday as investors took profits in index heavyweights on the back of weakening global markets, dealers said. The benchmark 30-share Sensex index ended down 344.02 points at 16,854.93. Weak global markets triggered prof
Published 27 Nov, 2009 12:00am
FTSE hits three-week low; biggest one-day fall in 8 months

FTSE hits three-week low; biggest one-day fall in 8 months

Britain's top shares ended at a three-week closing low on Thursday, pressured by hefty falls in the banking sector as concerns over Dubai's ability to pay its debts took a toll on confidence. The FTSE 100 ended down 3.2 percent, or 170.68 points, at 5,194
Published 27 Nov, 2009 12:00am
French jobless total jumps

French jobless total jumps

France's headline unemployment rose 52,400 in October, the largest rise since April, data from the economy ministry showed on Thursday, confirming expectations for a worsening labour market. The monthly data showed the headline jobless total in the eurozo
Published 27 Nov, 2009 12:00am
Developing countries group close to tariff cut deal

Developing countries group close to tariff cut deal

Twenty-two developing countries are close to an agreement on cutting tariffs that could be signed when ministers gather here next week for a World Trade Organisation meeting, diplomats told AFP Thursday.
Published 27 Nov, 2009 12:00am
Government sharpens rhetoric in BoJ policy meeting

Government sharpens rhetoric in BoJ policy meeting

Japan's government made some of its most pointed remarks to the Bank of Japan at its Oct. 30 policy meeting about the need for action to combat deflation, underlining the simmering row between the two over how best to handle the economy.
Published 27 Nov, 2009 12:00am
EU under pressure over SWIFT data transfers

EU under pressure over SWIFT data transfers

The European parliament on Thursday urged EU nations to delay a planned EU accord allowing the United States to use data about European citizens in anti-terror investigations. EU interior ministers meeting in Brussels on Monday - their last official talks
Published 27 Nov, 2009 12:00am
CAA clarification

CAA clarification

A Civil Aviation Authority spokesman on Thursday clarified a news item published in a section of the press on November 20, 21 and 22 regarding bureaucrats who allegedly benefited from the NRO.
Published 27 Nov, 2009 12:00am
Fish exports grow by 37.85 percent

Fish exports grow by 37.85 percent

Seafood exports during October 2009 witnessed positive growth of 37.85 percent as compared to the exports of September 2009. Fish and fish preparation exports were recorded at $24.826 million during October 2009 as compared to the exports of $18.009 milli
Published 27 Nov, 2009 12:00am
Pakistan concerned over FICCI report

Pakistan concerned over FICCI report

Pakistan on Thursday expressed deep concern over the report of Federation Indian Chamber of Commerce and Industry (FICCI) about its anti-Pakistan suggestions.
Published 27 Nov, 2009 12:00am
Cotton yarn being exported at lesser price

Cotton yarn being exported at lesser price

Cotton Yarn is being exported on lesser average unit price of 1.91 dollar per kg at present as compared to earlier year's average unit price of 2.06 dollar in 2005-06, 2.15 dollar in 2006-07 and 2.34 dollar in 2007-08 respectively not withstanding the cur
Published 27 Nov, 2009 12:00am
'No solid evidence against CDA in TI report'

'No solid evidence against CDA in TI report'

In defence of being identified as one of the top 10 most corrupt institutions in Pakistan by the Transparency International (TI), well placed sources in the Capital Development Authority (CDA) maintained that no solid evidence against the Authority was pr
Published 27 Nov, 2009 12:00am
Boy recovered, kidnappers arrested

Boy recovered, kidnappers arrested

Special Investigation Unit (SIU) of Karachi Police on Thursday morning arrested two persons after an encounter and recovered a kidnapped boy who was being kept in chains. The accused arrested from Pir Bux Goth in the jurisdiction of Police Station Gulshan
Published 27 Nov, 2009 12:00am
Cold and flu grip Karachiites

Cold and flu grip Karachiites

Cold and cough may sound to be benign, yet their manifestations, as irritation in throat, choked nostrils, headache are quite distressing for the sufferer. Dr Zahid Qureishi, a senior physician said cold and cough causes nostril inflammation among all age
Published 27 Nov, 2009 12:00am
IBRD to provide $125 million for Karachi Port improvement project

IBRD to provide $125 million for Karachi Port improvement project

International Bank for Reconstruction and Development (IBRD) will provide US $125 million for Karachi Port Improvement Project at the end of current fiscal year to replace the lost port capacity and reduce shipping costs to the Pakistan economy through th
Published 27 Nov, 2009 12:00am
DHA Eid Namaz timings

DHA Eid Namaz timings

The Defence Housing Authority (DHA) has announced the timings of Eid ul Azha prayers at the DHA mosques. An announcement on Thursday said that the Eid namaz will be held at 7.30am at Masjid Mustafa 2B East Street Phase I, Masjid Abul Qasim M-17 Staff Lane
Published 27 Nov, 2009 12:00am
Offal to be removed swiftly: DCO

Offal to be removed swiftly: DCO

District Coordination Officer (DCO) Sukkur, Abdul Majeed Pathan has said that offal will be removed from all areas of the Sukkur city after Eid-ul-Azha. The work of removing and destroying offal of the sacrificial animals this year will be carried out swi
Published 27 Nov, 2009 12:00am
ATMs to continue functioning on Eid holidays

ATMs to continue functioning on Eid holidays

The Auto Teller Machines (ATMs) would remain open and continue smooth functioning during Eid-ul-Azha holidays to facilitate the customers. The bank managements have made special arrangements and would keep sufficient cash in ATM machines to ensure that cu
Published 27 Nov, 2009 12:00am
FBR's new ad

FBR's new ad

The Federal Board of Revenue's latest advertisement in the newspapers ("Everyone has to pay tax") is intimidating and in bad taste, to say the least. The change in the tone and tenor of this department, after September 30, baffles me. Earlier, the FBR was
Published 27 Nov, 2009 12:00am
'Musharraf phobia'

'Musharraf phobia'

I would request the politicians to stop blaming Musharraf for their mistakes now, it has been more than two years Musharraf is practically out of decision making, he is history now. These politicians have sufficient time to reverse the so called decisions
Published 27 Nov, 2009 12:00am
Bhopal 25 years on: A legacy of poison, trials and tears

Bhopal 25 years on: A legacy of poison, trials and tears

Earthmovers lay paths and workers clear the undergrowth with a pace of urgency that the derelict Union Carbide factory site in Bhopal has not known in a quarter of a century. A pesticide tank at the plant leaked deadly gas shortly after midnight of Decemb
Published 27 Nov, 2009 12:00am
The futility of emotions and vendetta

The futility of emotions and vendetta

Without the slightest doubt, for decades at a stretch, Balochistan suffered because, while area-wise it is the largest province, given its small population it could not enjoy even a shred of the clout enjoyed by the Punjab or Sindh (courtesy the mega city
Published 27 Nov, 2009 12:00am
The New Great Game

The New Great Game

The root-cause of trouble in our region is "cross-border terrorism" - a phenomenon that cannot be understood in isolation of the New Great Game unleashed by imperialist and neo-imperialist forces. Onslaughts of Jihadists in the wake of Talibanization of A
Published 27 Nov, 2009 12:00am
Healing broken hearts through a package

Healing broken hearts through a package

At a joint sitting of the two houses of Parliament, specially convened for the purpose, the government unveiled its much-awaited Balochistan package. To keep the door open for further reforms the package has been named "Aghaz-e-Haqooq-e-Balochistan" which
Published 27 Nov, 2009 12:00am
Infrastructure bank and mortgage finance company

Infrastructure bank and mortgage finance company

Governor State Bank of Pakistan, Syed Salim Raza, revealed that currently the country's premier bank is working to establish an infrastructure development bank and a mortgage refinance company under public-private partnership.
Published 27 Nov, 2009 12:00am
Provision of Visa cards to IDPs: BISP, UBL ink agreement

Provision of Visa cards to IDPs: BISP, UBL ink agreement

The Benazir Income Support Programme has signed an agreement with United Bank Limited (UBL) to pay benefits to 318,126 families of Swat and Malakand through visa cards. The process to issue these cards to the IDPs will be initiated in the first week of De
Published 27 Nov, 2009 12:00am
Moot on modernising agriculture on December 5

Moot on modernising agriculture on December 5

A conference on modernising the country's agriculture will be organised at a local hotel on December 5. An announcement here on Thursday said that the moot was aimed at providing a forum for all the stakeholders to interact and listen to presentations fro
Published 27 Nov, 2009 12:00am
Chinese Ambassador calls on Rehman

Chinese Ambassador calls on Rehman

Ambassador of China to Pakistan, Luo Zhaohui called on Minister for Interior Rehman Malik on Thursday and discussed issues of bilateral interest. Rehman Malik said that Pakistan gives best value to its relations with China and their exemplary friendship i
Published 27 Nov, 2009 12:00am
HEC Scholar awarded 'Certificate of Inventor' in Austria

HEC Scholar awarded 'Certificate of Inventor' in Austria

Zahid Hussain, a scholarship holder of the Higher Education Commission (HEC), has won the prestigious "Certificate of Inventor" award of Technical University, Graz, Austria. His product "Mamtam" was selected from top five under the category of Public Forw
Published 27 Nov, 2009 12:00am
Japan to provide Rs 4.4 million for education sector

Japan to provide Rs 4.4 million for education sector

Japan will extend financial support of Rs4.4 million to the "The Citizens Foundation (TCF)", a non- governmental organization, under the "Grant Assistance for Grassroots Human Security Projects" for the extension of primary school in Dina Nath, Bhai Phero
Published 27 Nov, 2009 12:00am
Call to commemorate martyrs' sacrifices on Eid

Call to commemorate martyrs' sacrifices on Eid

As the countrymen are about to observe Eid-ul-Azha on Saturday, it is imperative to remember the sacrifices made by our martyrs in flushing out militants and bringing peace to Swat, Malakand, DI Khan, South Waziristan and other parts of the country.
Published 27 Nov, 2009 12:00am
Experts suggest butchers' training for environmental safety

Experts suggest butchers' training for environmental safety

In order to keep environment safe on Eid days, butchers should be trained in a way that they could manage the animals waste and draining off their blood after slaughtering them, said an expert on Thursday. Lack of adequate slaughterhouses and arrangements
Published 27 Nov, 2009 12:00am
Cleanliness during Eid: complaint centres set up

Cleanliness during Eid: complaint centres set up

On the directions of DCO, Saeed Wahlah, the municipal services department has established various complaint centres on town level for the monitoring of the cleanliness in the city during Eid-ul-Azha days.
Published 27 Nov, 2009 12:00am
Five truckloads of goods sent to Dera Ismail Khan IDPs

Five truckloads of goods sent to Dera Ismail Khan IDPs

The district administration has sent 5 truckload of relief goods to Dera Ismail Khan to help the operation affectees of South Waziristan. The trucks were sent from the office of Faisalabad Chamber of Commerce and Industries (FCCI) under the supervision of
Published 27 Nov, 2009 12:00am
'Children are the worst victims of prevailing situation'

'Children are the worst victims of prevailing situation'

Children make up more than half of Pakistan's population and yet the powers in the corridors cannot hear their voices, calling for help to solve their issues of quality education, good health, freedom from child labour and opportunities to live a happy li
Published 27 Nov, 2009 12:00am
Kashmiris to celebrate Eid with religious fervour on November 28

Kashmiris to celebrate Eid with religious fervour on November 28

Kashmiri Muslims dwelling either side of the Line of Control and rest of the world will celebrate Eid-ul-Azha on Saturday (Nov 28) with traditional religious fervour and devotion with the renewal of the resolve to continue acting upon and upholding the te
Published 27 Nov, 2009 12:00am