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Print - 2010-02-12
Thursday's mid-afternoon trade: Wall Street jumps

Thursday's mid-afternoon trade: Wall Street jumps

US stocks rose on Thursday as appetite for riskier assets returned after a pledge by European leaders to support debt-ridden Greece eased fears of a possible sovereign default. Initially stocks had wavered in choppy trade due to a lack of specifics on the
Published 12 Feb, 2010 12:00am
European CDS rally

European CDS rally

European corporate credit default swap spreads were unchanged to wider late on Thursday, reversing an earlier tightening as investors sought more detail on a European Union deal to help Greece out of its debt crisis. The EU's move to help Greece has helpe
Published 12 Feb, 2010 12:00am
European CDS rally

European CDS rally

European corporate credit default swap spreads were unchanged to wider late on Thursday, reversing an earlier tightening as investors sought more detail on a European Union deal to help Greece out of its debt crisis. The EU's move to help Greece has helpe
Published 12 Feb, 2010 12:00am
Oman sees no government bond in 2010

Oman sees no government bond in 2010

Oman has no plans to issue government bonds this year and banks remain liquid despite the impact of the global financial crisis, the Gulf country's central bank head said on Thursday. The global economic downturn slashed growth rates and froze credit in t
Published 12 Feb, 2010 12:00am
Oman sees no government bond in 2010

Oman sees no government bond in 2010

Oman has no plans to issue government bonds this year and banks remain liquid despite the impact of the global financial crisis, the Gulf country's central bank head said on Thursday. The global economic downturn slashed growth rates and froze credit in t
Published 12 Feb, 2010 12:00am
UK's top share index rises

UK's top share index rises

Britain's top share index closed 0.6 percent higher on Thursday, as gains in commodities outpaced falls in banks, which remained mired in uncertainty over eurozone's plans to deal with Greece's debt problems.
Published 12 Feb, 2010 12:00am
Greek repo market remains dry

Greek repo market remains dry

The Greek repo market remained largely frozen on Thursday, winning little respite from news the European Union had struck a deal to bail out debt-laden Greece as edgy traders waited further details of the plan. Risky assets rallied earlier after EU presid
Published 12 Feb, 2010 12:00am
Sterling gains versus euro

Sterling gains versus euro

Sterling gained against a broadly weaker euro on Thursday after a European Union deal to support Greece was seen short on detail, but stayed weak versus the dollar as a dovish Bank of England report weighed on sentiment.
Published 12 Feb, 2010 12:00am
Indian rupee off one-week high

Indian rupee off one-week high

The Indian rupee failed to hold a rise to one-week highs, fading on Thursday afternoon as importers and oil firms bought dollars ahead of a long weekend, with traders cautious ahead of details of a rescue package for Greece. The partially convertible rupe
Published 12 Feb, 2010 12:00am
Euro edges up in London

Euro edges up in London

The euro inched up on Thursday, supported after European officials signalled they had agreed to help Greece tackle its sovereign debts. EU President Herman Van Rompuy said several key eurozone officials had reached a deal to help Greece as a meeting of th
Published 12 Feb, 2010 12:00am
PTCL launches largest data centre

PTCL launches largest data centre

Pakistan Telecommunication Company Ltd, (PTCL) on Thursday launched the largest data centre in Karachi. The data centre has been developed on modern lines keeping in view the latest development in the telecom sector globally. The centre is protected from
Published 12 Feb, 2010 12:00am
Samsung announces new F3EG HD drive

Samsung announces new F3EG HD drive

Samsung Electronics Co, Ltd, has announced the F3EG, its new high-performance environmentally-friendly HDD (hard disk drive) for the desktop market. The EcoGreen(tm) F3EG has a higher capacity than the previous Samsung model F2EG. It features 2 Terra-Bite
Published 12 Feb, 2010 12:00am
Karachi blasts: City Council demands arrest of culprits

Karachi blasts: City Council demands arrest of culprits

City Council, through a resolution, on Thursday, demanded the immediate arrest of the terrorists, who were involved in twin blasts in the city, which left over 30 people dead and many injured. Through the resolution passed unanimously, the house condemned
Published 12 Feb, 2010 12:00am
Three-month monetary policy anti-investment: FPCCI

Three-month monetary policy anti-investment: FPCCI

Federation of Pakistan Chambers of Commerce and Industry President Ahmed Chawla, while expressing disappointment over the State Bank of Pakistan decision to keep the base rate unchanged at 12.5 percent during January to March 2010, has termed the three-mo
Published 12 Feb, 2010 12:00am
Christian fasting days: minority MPAs for ban on wine shops

Christian fasting days: minority MPAs for ban on wine shops

The Sindh government is negotiating with the World Wildlife Fund (WWF) and International Union for Conservation of Nature (IUCN) for surveying the wild animals in the province. The minority members in Sindh Assembly have demanded of the provincial governm
Published 12 Feb, 2010 12:00am
Visa Inc announces financial results

Visa Inc announces financial results

Visa Inc (NYSE: V) on Thursday announced financial results for the Company's fiscal first quarter 2010 ended December 31, 2009. GAAP net income for the quarter was $763 million, or $1.02 per diluted class A common share. The weighted average number of dil
Published 12 Feb, 2010 12:00am
Visa Inc announces financial results

Visa Inc announces financial results

Visa Inc (NYSE: V) on Thursday announced financial results for the Company's fiscal first quarter 2010 ended December 31, 2009. GAAP net income for the quarter was $763 million, or $1.02 per diluted class A common share. The weighted average number of dil
Published 12 Feb, 2010 12:00am
Country facing a serious water challenge: minister

Country facing a serious water challenge: minister

Every year, the government suffers a loss of Rs 112 billion due to environmental degradation and poor implementation of National Water and Sanitation Policy. "We are facing a serious water challenge, as Pakistan ranked 80th in water quality out of 122 nat
Published 12 Feb, 2010 12:00am
New York cotton settles at four-week high

New York cotton settles at four-week high

Cotton futures inched higher on Thursday, finishing at a four-week top on investor buying, but brokers said the surge seemed to be petering out and fibre contracts may pull back. Dealings could also slow as top world consumer China goes on holiday to cele
Published 12 Feb, 2010 12:00am
Copper demand to rise in Brazil

Copper demand to rise in Brazil

Building works ahead of the 2014 World Cup and 2016 Olympics, fast growth and a strong auto industry, will secure stronger long-term demand for copper products in Brazil, an industry official said on Thursday. The Latin American country's copper product s
Published 12 Feb, 2010 12:00am
US rice falls

US rice falls

US rice futures fell at the Chicago Board of Trade on Wednesday, snapping a two-session winning streak amid pressure from plentiful global stocks, traders said. CBOT rough rice for March delivery ended down 13 cents at $14.32 a bushel. Asian rice prices f
Published 12 Feb, 2010 12:00am
Liffe coffee, cocoa and sugar rise

Liffe coffee, cocoa and sugar rise

May robusta coffee finished $6 higher at $1,331 per tonne on Thursday. Market boosted by broad-based advance in commodity markets as a deal by European leaders to give aid to debt-laden Greece helped to boost the risk appetite among investors. May cocoa o
Published 12 Feb, 2010 12:00am
Copper jumps six percent

Copper jumps six percent

Copper rose more than 6 percent to a two-week high on Thursday, as upbeat data from China boosted the outlook for metals demand and a deal by European leaders to support debt-laden Greece helped lift risk appetite. Benchmark copper for three-months delive
Published 12 Feb, 2010 12:00am
Oil climbs above $75

Oil climbs above $75

Oil prices rose slightly on Thursday, inching above $75 a barrel, despite a stronger dollar, in seesaw trade inspired by gains on Wall Street due to positive job numbers and news of a rescue plan for Greece. US crude for March delivery rose 89 cents to $7
Published 12 Feb, 2010 12:00am
Gold hits one-week high in European trade

Gold hits one-week high in European trade

Gold rose to a near one-week high at $1,090.85 an ounce on Thursday as investors bought the metal amid fears over the outlook for paper currencies, largely shrugging off the impact of a strengthening dollar. The euro hit a session high versus the dollar a
Published 12 Feb, 2010 12:00am
US MIDDAY: sugar and cocoa up; coffee down

US MIDDAY: sugar and cocoa up; coffee down

Summaries of the ICE Futures US cocoa, coffee and sugar markets early on Thursday. May arabica coffee contract down 0.50 cent to $1.3330 per lb at 11:03 am EST (1603 GMT). Session range from $1.3310 to $1.3545. Arabica coffee reversed lower as the US doll
Published 12 Feb, 2010 12:00am
US MIDDAY: wheat and corn fall; soya rises

US MIDDAY: wheat and corn fall; soya rises

Wheat futures on the Chicago Board of Trade fell early on Thursday, under pressure from a firmer US dollar and plentiful US and global supplies, traders said. As of 9:44 am CST (1544 GMT), CBOT March wheat was down 9 cents at $4.87-3/4 per bushel. Kansas
Published 12 Feb, 2010 12:00am
US MIDDAY: copper climbs

US MIDDAY: copper climbs

US copper futures climbed as much as 2.4 percent Thursday morning, as encouraging labour market data, Greek bailout optimism, and Chinese inflation data out-weighed the bearish impact of a stronger dollar. Benchmark copper for March delivery rose 5.10 cen
Published 12 Feb, 2010 12:00am
US MIDDAY: gold higher

US MIDDAY: gold higher

US gold futures rose on Thursday, retreating from a one-week high earlier in the session as the metal took the lead from the euro/dollar amid details from a European union rescue plan for Greece. COMEX April gold up $2.30 at $1,078.60 an ounce at 10:10 am
Published 12 Feb, 2010 12:00am
Japan extends $5.4 million grant for solar energy project

Japan extends $5.4 million grant for solar energy project

The Japanese government extended a grant of Yen 480,000,000 (US $5.4 million) to Pakistan for "Introduction of Clean Energy by Solar Electricity Generation System" programme. An agreement to this effect was signed here on Thursday by Secretary, Economic A
Published 12 Feb, 2010 12:00am
Inter-provincial harmony for resolving national issues stressed

Inter-provincial harmony for resolving national issues stressed

Federal Minister for Inter-Provincial Co-ordination Pir Aftab Hussain Shah Jilani underscored importance of inter-provincial harmony for achieving consensus on all national issues. He said that the Inter-Provincial Co-ordination is a forum provided by the
Published 12 Feb, 2010 12:00am
Water and sanitation MIS to link various institutions: minister

Water and sanitation MIS to link various institutions: minister

Minister for Environment Hameed Ullah Jan Afridi on Thursday said that development of Management Information System (MIS) for water and sanitation would provide regular connectivity to all relevant institutions and organisations working in this area.
Published 12 Feb, 2010 12:00am
Clerks continue rallying against price hike

Clerks continue rallying against price hike

At the call of All Pakistan Clerks Association (APCA) employees of grade 1 to 15 of Irrigation, special education, education, excise and taxation, works and highways, health, Water and Sanitation Agency (Wasa) on Thursday organised a rally under the leade
Published 12 Feb, 2010 12:00am
Government focusing on production, export of halal products: MCCI

Government focusing on production, export of halal products: MCCI

President of Multan Chamber of Commerce and Industry (MCCI) Malik Asrar Ahmed Awan said that the government is now focusing on the production and export of Halal products to get share in the trillion dollars market. He was speaking at a seminar on "Export
Published 12 Feb, 2010 12:00am
Rains hit life in AJK

Rains hit life in AJK

Rains over the last four days have affected normal life in various parts of AJK including Mirpur. Mirpur was lashed by heavy downpour coupled with windstorm affecting electricity, roads and telecommunication system in various parts of the district. There
Published 12 Feb, 2010 12:00am
Minister reiterates resolve to eradicating terrorism

Minister reiterates resolve to eradicating terrorism

Minister for Religious Affairs Syed Hamid Saeed Kazmi, who himself escaped a terrorist attempt on his life last year, Thursday reiterated the firm commitment of the government to uproot the menace of the extremism and terrorism from the country. He was ta
Published 12 Feb, 2010 12:00am
Five children die of burn injuries

Five children die of burn injuries

Five children died of burn injuries in Sadiqabad, some 45 kms from here on Thursday morning. According to police sources, the tragic incident occurred in the area of Nawazabad in tehsil Sadiqabad where children of growers were playing in the sugarcane fie
Published 12 Feb, 2010 12:00am
Three accused die in police van attack

Three accused die in police van attack

As many as three accused killed and police constable injured when unidentified persons opened fire on a police van here on Thursday, police said. Police said the incident occurred on GT Road near Kalasha Kako when police were carrying the accused to the s
Published 12 Feb, 2010 12:00am
Pakistan Navy makes arrangements to celebrate Pakistan Day

Pakistan Navy makes arrangements to celebrate Pakistan Day

The Pakistan Navy made elaborate arrangements to celebrate the forthcoming Pakistan Day in Sukkur-Rohri in a befitting manner. It chalked out a programme for the day in collaboration with the district administration, local elders, ulema, civil society act
Published 12 Feb, 2010 12:00am
Mass production of JF-17 Thunder under way: Air Chief

Mass production of JF-17 Thunder under way: Air Chief

Air Chief Marshal Rao Qamar Suleman, Chief of the Air Staff, Pakistan Air Force has reiterated that the mass production of JF-17 Thunder is underway. The United States will deliver 14, F-16 aircrafts to Pakistan by the end of June," Air Chief Marshal Rao
Published 12 Feb, 2010 12:00am
Former Prime Minister AJK for trilateral Indo-Pak composite dialogue

Former Prime Minister AJK for trilateral Indo-Pak composite dialogue

Welcoming the proposed resumption of Indo-Pak talks, in coming days, for the resolution of all long-standing issues between the two countries especially of Kashmir, former Prime Minister of Azad Kashmir, Barrister Sultan Mehmood Chaudhary said only a cour
Published 12 Feb, 2010 12:00am
Daewoo bus incident: Rs one million announced for victim

Daewoo bus incident: Rs one million announced for victim

Punjab Chief Minister Main Muhammad Shahbaz Sharif has said that no injustice and cruelties would be tolerated especially with the women folk and hurdle-free justice would be ensured in the Punjab. The rapists would be dealt with iron hands and punished a
Published 12 Feb, 2010 12:00am
Save the next generation

Save the next generation

A good news came from the Punjab Assembly that it has passed a resolution against the increasing number of packages announced daily from mobile companies, especially the late night packages. This is a timely action and needs support from the National Asse
Published 12 Feb, 2010 12:00am
Realising Pakistan's economic potential

Realising Pakistan's economic potential

Fifteen months ago, Pakistan stood on the brink of a financial crisis. During a time of unprecedented turmoil in financial global markets, Pakistan's unsustainable fiscal policies, made worse by the world-wide spike in food and fuel prices, produced a dan
Published 12 Feb, 2010 12:00am
Country needs new constitution - II

Country needs new constitution - II

Outlines of the proposed new Constitution/state structure and policy for Pakistan - a new social contract: There shall be a five-member ruling council called the Presidium or Supreme federal council which shall serve for a five year term.
Published 12 Feb, 2010 12:00am
Roots of anti-Americanism in Pakistan

Roots of anti-Americanism in Pakistan

Robert Gates was less than candid when he said that anti-Americanism was a real problem for Washington because "We clearly left them in the lurch when we turned our backs on Afghanistan in 1989-90." The negative public perceptions about the US are based n
Published 12 Feb, 2010 12:00am
More powers to SBP

More powers to SBP

The passage of Banking Companies (Amendment) Bill 2009 by the National Assembly of Pakistan on 8th February, 2010 could rightly be described as a major development in the history of country's financial sector, which would enable the State Bank to exercise
Published 12 Feb, 2010 12:00am
Global Peace Mission of Malaysia sets up Research Cell on Kashmir

Global Peace Mission of Malaysia sets up Research Cell on Kashmir

Global peace mission (GPM) of Malaysia has set up a Kashmir Research Cell to conduct research on Kashmir dispute, to educate the Malaysians on genesis of Kashmir issue, its legal and ethical aspects, human right situation in the occupied valley and to gar
Published 12 Feb, 2010 12:00am
US Consulate General brings Broadway to Lahore

US Consulate General brings Broadway to Lahore

In a captivating performance on February 9, US performing arts group, American Voices, joined Pakistani students and artists to transform the Ali Auditorium in Lahore into a Broadway theatre. The show capped four days of theatre workshops and rehearsals c
Published 12 Feb, 2010 12:00am
Free training for fisheries supervisors

Free training for fisheries supervisors

Punjab Fisheries Department arranged a month long training of 'fisheries supervisors' from Gilgit-Baltistan province at its Manawan Fisheries Research and Training Centre. Speaking at the certificate distribution ceremony here on Thursday.
Published 12 Feb, 2010 12:00am
Nespak secures business worth Rs 11 billion: MD

Nespak secures business worth Rs 11 billion: MD

National Engineering Services Pakistan (Nespak) made outstanding progress during the last year ending December 2009 as its business grew to Rs 11 billion in ` 1 year. Highlighting the activities and achievements of the Nespak, Asad I. A. Khan, Managing Di
Published 12 Feb, 2010 12:00am
The Weather

The Weather

The weather report on Thursday (February 11, 2010) and the forecast for Friday (February 12, 2010).

Published 12 Feb, 2010 12:00am
Approval of MTBF termed business-friendly

Approval of MTBF termed business-friendly

The Pakistan Industrial and Traders Association Front (PIAF) Thursday termed the approval of Medium Term Budgetary Framework (MTBF) as business-friendly. The new budgetary system would help strengthen the economy of the country provided the government tak
Published 12 Feb, 2010 12:00am
Key stock and currency market movements

Key stock and currency market movements

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

Published 12 Feb, 2010 12:00am
Three killed in different incidents

Three killed in different incidents

At least three persons, including a woman were killed in separate incidents in various parts of the city on Thursday. According to details, a twenty-five-year old woman was allegedly killed by brother of her ex-husband in the jurisdiction of Jackson polic
Published 12 Feb, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (February 11, 2010).

Published 12 Feb, 2010 12:00am
Cache of arms, ammunition and drugs seized

Cache of arms, ammunition and drugs seized

Islamabad Police recovered huge cache of arms, ammunition and drugs from the outlaws arrested during an operation. Tarnol Police during a special operation arrested four outlaws involved in various crimes, Police sources said.
Published 12 Feb, 2010 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on February 10, 2010.

Published 12 Feb, 2010 12:00am
Public cooperation vital to curb crime: IGP

Public cooperation vital to curb crime: IGP

Inspector General of Police (IGP) Islamabad Syed Kaleem Imam termed the public co-operation a key to curb crime and improve performance of the police. Elaborating the police strategy against the anti-social elements, the IGP said in a statement that every
Published 12 Feb, 2010 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on February 10, 2010.

Published 12 Feb, 2010 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on February 10, 2010.

Published 12 Feb, 2010 12:00am
Chief Justice LHC frees 57 brick kiln workers

Chief Justice LHC frees 57 brick kiln workers

The Lahore High Court (LHC) Chief Justice Khawaja Muhammad Sharif here on Thursday set at liberty 57 brick kiln workers including 31 children after getting them recovered from illegal detention of kiln owner. The court passed these orders in a petition fi
Published 12 Feb, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (February 11, 2010).

Published 12 Feb, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (February 11, 2010).

Published 12 Feb, 2010 12:00am
IMSciences wins national 'Business Plan' competition

IMSciences wins national 'Business Plan' competition

Maintaining its previous record The Institute of Management Sciences (IMSciences) has won the Business Idea/Plan competition in a national level summit at Lahore University of Management Sciences (LUMS). A group of 15-delegates (business administration an
Published 12 Feb, 2010 12:00am
Rains provided enough water to irrigate rabi crops

Rains provided enough water to irrigate rabi crops

The three days of rains and snowfall in the upper regions of the country have added more than 0.5 MAF water in the two main reservoirs, Tarbela and Mangla for irrigating the worst drought hit Rabi crops during the next two months. The live water storage i
Published 12 Feb, 2010 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 12 Feb, 2010 12:00am
Democracy should be saved at any cost, says Shahbaz

Democracy should be saved at any cost, says Shahbaz

Chief Minister Punjab, Shahbaz Sharif has said democracy should be saved at any cost as it is vital to strengthen the country. "Democratic government was toppled on October 12, 1999 and the cronies of the dictator used each and every tactics to dissolve t
Published 12 Feb, 2010 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 12 Feb, 2010 12:00am
Motorway police arrest three wood thieves

Motorway police arrest three wood thieves

National Highways and Motorway Police (NH&MP) N-5 Central has arrested three members of tree (wood) thieves' gang including the ringleader and recovered stolen wood on national highway near Lodhran. In a separate event NH&MP foiled an attempt of robbery n
Published 12 Feb, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (February 11, 2010).

Published 12 Feb, 2010 12:00am
ACCA to launch 'SME Survival Kit' on February 18

ACCA to launch 'SME Survival Kit' on February 18

ACCA Pakistan SME sub-committee has commissioned an SME Survival Kit that aims to provide practical guidance to the SMEs on managing challenges like access to finance, succession planning and maintaining reliable and relevant accounting records. To formal
Published 12 Feb, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (February 11, 2010) and for Friday (February 12, 2010)
Published 12 Feb, 2010 12:00am
Attock Cement profit declines

Attock Cement profit declines

The profit after tax of Attock Cement Pakistan Limited has declined to Rs 623.815 million in the half year period ended December 31, 2009 as compared to Rs 720.411 million earned in the corresponding period in 2008. The company's earning per share has dec
Published 12 Feb, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (February 11, 2010).

Published 12 Feb, 2010 12:00am
Attock Cement profit declines

Attock Cement profit declines

The profit after tax of Attock Cement Pakistan Limited has declined to Rs 623.815 million in the half year period ended December 31, 2009 as compared to Rs 720.411 million earned in the corresponding period in 2008. The company's earning per share has dec
Published 12 Feb, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 11, 2010).

Published 12 Feb, 2010 12:00am
Appointment

Appointment

Punjab University Institute of Social and Cultural Studies, Professor Dr Muhammad Zakria Zakar has been appointed as DAAD-guest-professor in the Department of Public Health Medicine, University of Bielefeld, Germany for two semesters from April next. Duri
Published 12 Feb, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 11, 2010).

Published 12 Feb, 2010 12:00am
Turkish team meets UHS vice chancellor

Turkish team meets UHS vice chancellor

Turkish Health Ministry would be recommended to sign an agreement with the University of Health Sciences (UHS) for the training of Turkish doctors and nurses here. Director General Health Insurance Social Security Institution, Ankara, Dr Hassan Cagil stat
Published 12 Feb, 2010 12:00am
CCO completes orientation sessions in 100 schools

CCO completes orientation sessions in 100 schools

On the special directions of Ombudsman Punjab Khalid Mahmood, Children Complaint Office (CCO) had successfully done first phase of orientation sessions in 100 schools of Lahore and Sahiwal. Core objective of this direct link with students was to give awar
Published 12 Feb, 2010 12:00am
PEF to educate 2.62 million children, says Anwar

PEF to educate 2.62 million children, says Anwar

The Punjab Education Foundation (PEF) has planned to provide free education to 2.62 million destitute students through 5544 PEF partner schools in Punjab under the foundation-assisted schools programme to ward off ignorance and open doors of education for
Published 12 Feb, 2010 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

Bulls dominated the money market on Thursday as the rupee showed appreciation versus dollar and euro, dealers said. On the interbank market the rupee gained five paisa against dollar at 84.90 and 84.94 for buying and selling, they said. The State Bank of
Published 12 Feb, 2010 12:00am
'Creation of knowledge most effective and useful weapon'

'Creation of knowledge most effective and useful weapon'

Punjab University vice-chancellor Professor Dr Mujhaid Kamran has stated that creation of knowledge is the most effective and useful weapon for leading an honourable life and successfully facing any challenge in the modern world. He was addressing the ina
Published 12 Feb, 2010 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

Bulls dominated the money market on Thursday as the rupee showed appreciation versus dollar and euro, dealers said. On the interbank market the rupee gained five paisa against dollar at 84.90 and 84.94 for buying and selling, they said. The State Bank of
Published 12 Feb, 2010 12:00am