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Print - 2010-03-02
LDA retrieves 10 plots at Johar town

LDA retrieves 10 plots at Johar town

The Lahore Development Authority (LDA) on Monday retrieved 10 prime location plots at Johar Town. According to a LDA's spokesman, during the operation LDA Estate Management-I and Enforcement Directorates' staff retrieved five plots, each measured five mar
Published 02 Mar, 2010 12:00am
LHC disposes of suo motu case

LHC disposes of suo motu case

The Lahore High Court here on Monday disposed of a suo motu case initiated Samanabad police for manhandling a lady lawyer and her family members by Samanabad police. Earlier, SSP Operations Lahore, Shafiq Gujjar informed the court that two police official
Published 02 Mar, 2010 12:00am
Judges' appointment: Constitutional petition filed in Supreme Court

Judges' appointment: Constitutional petition filed in Supreme Court

A constitutional petition has been filed before the Supreme Court challenging the recent appointments of two Lahore High Court (LHC) judges to the apex court and selection of two retired sessions judges as LHC judges. The petition was filed by Watan Party
Published 02 Mar, 2010 12:00am
'Pakistan needs to enhance trade with EU states'

'Pakistan needs to enhance trade with EU states'

To become a stronger and attractive business destination in real economic term, Pakistan needs to enhance its trade with the regional countries in a fashion and style Sweden is doing with the countries in the European Union. The Vice President Internation
Published 02 Mar, 2010 12:00am
KASB Bank, Nestle Pakistan sign agreement

KASB Bank, Nestle Pakistan sign agreement

KASB Bank and Nestle Pakistan have signed an agreement to facilitate livestock farmers associated with Nestle Pakistan for the procurement of dairy animals. According to a press release issued here Monday.
Published 02 Mar, 2010 12:00am
'PML-N enjoys significant support in NA-123'

'PML-N enjoys significant support in NA-123'

Pakistan Muslim League-Nawaz enjoys significant support in NA-123 and political pundits say that the party will emerge victorious in the election battle which seems very much one sided after the success in NA-55. Moreover, NA-123 is a most important const
Published 02 Mar, 2010 12:00am
Restoration of phone lines: PTCL starts work

Restoration of phone lines: PTCL starts work

Pakistan Telecommunication Company Limited (PTCL) has started working for the restoration of some 600 affected phone lines. PTCL has announced that about 588 telephone lines affected in Block-06 Gulshan-e-Iqbal Sunday night. It is believed that phone line
Published 02 Mar, 2010 12:00am
Transfers and postings

Transfers and postings

The Punjab government has issued transfer and posting orders of six government officials, here on Monday. According to a notification, Adnan Arshad Aulakh, Officer on Special Duty (OSD), has been posted as Executive District Officer (Revenue), Sheikhupura
Published 02 Mar, 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 02 Mar, 2010 12:00am
NA-123": new tube wells, water filtration plants to be installed: Hamza

NA-123": new tube wells, water filtration plants to be installed: Hamza

Pakistan Muslim League-Nawaz (PML-N) central leader Hamza Shahbaz has said that new tube wells and water filtration plants would be installed in NA-123 to ensure provision of clean drinking water to the residents of the area. He was addressing a public ga
Published 02 Mar, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (March 01, 2010).

Published 02 Mar, 2010 12:00am
Nation wants end to politics of hypocrisy, says PML-N chief

Nation wants end to politics of hypocrisy, says PML-N chief

After victory in the bye-election in NA-55-Rawalpindi, Pakistan Muslim League-Nawaz Quaid Mian Nawaz Sharif on Monday started spearheading election campaign for his party candidate Mohammad Pervaiz Malik in NA-123 Lahore. Nawaz's public address in NA-123
Published 02 Mar, 2010 12:00am
The Weather

The Weather

The weather report on Monday (March 01, 2010) and the forecast for Tuesday (March 02, 2010).

Published 02 Mar, 2010 12:00am
ARY gold case: Faruqui maliciously implicated: counsel

ARY gold case: Faruqui maliciously implicated: counsel

The Secretary General to the President, Salman Faruqui, told Judge Wamiq Javed of Accountability Court No 2 in Rawalpindi through his counsel, former Justice Mushtaq Ahmed Khan, that he was maliciously implicated in ARY Gold case. The counsel furth
Published 02 Mar, 2010 12:00am
Emaar and Creek Marina asked to observe regulations and by-laws

Emaar and Creek Marina asked to observe regulations and by-laws

With reference to the order dated February 23, 2010 passed by the division bench of high court on the petition, CP No D-2148 of 2009 (Transparency International Pakistan vs DHA, Karachi), the Sindh High Court while disposing of the subject petition has or
Published 02 Mar, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 02 Mar, 2010 12:00am
PIAF rejects nominal cut in petrol prices

PIAF rejects nominal cut in petrol prices

The Pakistan Industrial and Traders Front Association (PIAF) has termed the cut in the petroleum prices as an eyewash and urged the government to curtail the number of taxes on petroleum products. The PIAF Chairman Irfan Qaiser Sheikh, in a statement issu
Published 02 Mar, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 02 Mar, 2010 12:00am
NIT gets good response to Income Fund IPO

NIT gets good response to Income Fund IPO

NIT has received tremendous response for initial offering of its 'Income Fund' with combined pre-IPO and IPO subscription by individuals, corporations and financial institutions, surpassing Rs 3.7 billion.
Published 02 Mar, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (March 01, 2010).

Published 02 Mar, 2010 12:00am
NIT gets good response to Income Fund IPO

NIT gets good response to Income Fund IPO

NIT has received tremendous response for initial offering of its 'Income Fund' with combined pre-IPO and IPO subscription by individuals, corporations and financial institutions, surpassing Rs 3.7 billion.
Published 02 Mar, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (March 01, 2010).

Published 02 Mar, 2010 12:00am
FGEHF to launch residential apartments project for employees

FGEHF to launch residential apartments project for employees

The Federal Government Employees Housing Foundation (FGEHF) is planning to launch residential apartments project for the employees on ownership basis on new Murree Express Way and main Murree Road near Bara Kahu. There are some other projects as well, whi
Published 02 Mar, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (March 01, 2010) and for Tuesday (March 02, 2010)
Published 02 Mar, 2010 12:00am
World Civil Defence Day in AJK observed

World Civil Defence Day in AJK observed

Like rest of the world, the Universal Civil Defence Day was observed across Azad Jammu Kashmir with the renewal of the pledge to strengthen this sector for the sake of serving the country whenever required to meet any challenge. Special ceremonies were he
Published 02 Mar, 2010 12:00am
Civil defence's manifold importance highlighted

Civil defence's manifold importance highlighted

DCO/Controller District Civil Defence Organisation Saeed Wahlah has said that the need and importance of civil defence had become manifold in present scenario of security threats and unforeseen natural clamities. He said that elaborated measures were bein
Published 02 Mar, 2010 12:00am
Minor cut in POL prices rejected

Minor cut in POL prices rejected

Like other parts of country, the consumers in Multan have also rejected the trivial reduction in petroleum products (POL) prices, saying that such meagre cut in POL prices is nothing shoort of 'a drop in the ocean'. People from all walks of life sharply r
Published 02 Mar, 2010 12:00am
Death anniversary of Raja Maqsood observed

Death anniversary of Raja Maqsood observed

The 5th death anniversary of Raja Maqsood Ahmed Khan, former Commissioner of AJK was observed here on Monday with full respect and honour. AJK Prime Minister Raja Farooq Haider was the chief guest at a mammoth congregation held in this connection at Late
Published 02 Mar, 2010 12:00am
BoI chief leads delegation to Turkey

BoI chief leads delegation to Turkey

Saleem H. Mandviwalla, Minister of State/ Chairman Board of Investment is leading a business delegation to Turkey to explore the possibilities of joint collaboration with the major business houses of Turkey from March 1, to 4.
Published 02 Mar, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (March 01, 2010).

Published 02 Mar, 2010 12:00am
Police become stumbling block to terrorists: IGP

Police become stumbling block to terrorists: IGP

NWFP IGP, Malik Naveed Khan said on Monday that police jawans had become stumbling block to the terrorists to hit its target and vowed to utilise all available resources for the treatment of injured cops. He expressed these views during his visit to Lady
Published 02 Mar, 2010 12:00am
US donates eight APC to NWFP Elite Force

US donates eight APC to NWFP Elite Force

In a handover ceremony to NWFP Inspector General Malik Naveed on Monday, the US donated eight armoured personnel carriers valued at Rs 125.8 million ($1,480,000) and surveillance equipment (binoculars, global positioning systems, night-vision binoculars a
Published 02 Mar, 2010 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (March 01, 2010).

Published 02 Mar, 2010 12:00am
Rs 1,631.803 million compensation paid to victims of terrorism

Rs 1,631.803 million compensation paid to victims of terrorism

The government has paid an amount of Rs 1631.803 million compensation to the bereaved families of the persons killed and injured in terrorist incidents during 2007-08 and 2008-09, Interior Ministry sources said. The sources said the amount had been paid t
Published 02 Mar, 2010 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (March 01, 2010).

Published 02 Mar, 2010 12:00am
Ikebana workshop on March 4

Ikebana workshop on March 4

The Embassy of Japan and Pakistan National Council of the Arts (PNCA) will hold an Ikebana Workshop (Japanese art of flower arrangement) for ladies here at the National Art Gallery on March 3. The event is being organised in co-ordination with the Pakista
Published 02 Mar, 2010 12:00am
Tareens have property worth over Rs one billion

Tareens have property worth over Rs one billion

MNA and former Minister for Industries, Production & Special Initiatives Jahangir Tareen has property valued in excess of Rs 816.62 million while his spouse has an estimated worth greater than Rs 212.69 million, the statement of assets and liabilities fil
Published 02 Mar, 2010 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (March 01, 2010).

Published 02 Mar, 2010 12:00am
GCU to hold health, stress management workshop

GCU to hold health, stress management workshop

Government College University (GCU), Lahore, Vice Chancellor Dr Khalid Aftab on Monday announced holding health and stress management workshops for the university staff members and students. He said that noted health experts would be invited to the univer
Published 02 Mar, 2010 12:00am
EDOs asked to merge shelterless, maktab schools

EDOs asked to merge shelterless, maktab schools

Secretary School Education Department Muhammad Aslam Kamboh, has directed all EDOs (Education) to merge shelterless schools, Masjid Maktab schools and non functional schools before March 31 2010 and shift the surplus staff of these schools to other school
Published 02 Mar, 2010 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (March 01, 2010).

Published 02 Mar, 2010 12:00am
Rs 10.115 million earmarked for agriculture uplift in Fata

Rs 10.115 million earmarked for agriculture uplift in Fata

Fata Secretariat has, in its Sustainable Development Plan (SDP 2006-2015), earmarked Rs 10,115 million budget for agricultural development and extension programmes in Fata, said a spokesman of the Secretariat here on Monday. He said that the programme wou
Published 02 Mar, 2010 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (March 01, 2010).

Published 02 Mar, 2010 12:00am
Complete strike observed in IHK

Complete strike observed in IHK

Complete strike is being observed on Monday against the wanton destruction by Indian troops during their five-day siege and search operation in Sopore town in occupied Kashmir. According to Kashmir Media Service, call for the strike has been given by the
Published 02 Mar, 2010 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (March 01, 2010).

Published 02 Mar, 2010 12:00am
Government to increase forestry to six percent by 2015: minister

Government to increase forestry to six percent by 2015: minister

The government is well on the track to increase the forest by 1 percent from the existing 5 percent to 6 percent by the year 2015 under the targets set for the Millennium Development Goals (MDGs) for which 1 million hector of additional land would be brou
Published 02 Mar, 2010 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (March 01, 2010).

Published 02 Mar, 2010 12:00am
Public gathering of PPP on March 4

Public gathering of PPP on March 4

Senior Provincial Minister Raja Riaz Ahmed has said that a big public gathering of PPP would be held on March 4, Thursday at Fort Abbas. Federal Defence Minister Chaudhry Ahmed Mukktar, Senator and PPP Secretary General Jahangir Badar and Provincial Minis
Published 02 Mar, 2010 12:00am
Rana underlines importance of education

Rana underlines importance of education

Punjab Law Minister Rana Sanaullah Khan has said that education is a source of enlightenment and only educated nations could get rid of poverty, illiteracy, unemployment, extremism and terrorism. He said that educated people touched the hights of progress
Published 02 Mar, 2010 12:00am
Nine retired professors appointed as Professor Emeritus

Nine retired professors appointed as Professor Emeritus

The Punjab University Syndicate which met under the chairmanship of the Vice-Chancellor Professor Dr Mujahid Kamran approved the appointments of nine retired varsity professors as Professor Emeritus in recognition of their established scholarship and serv
Published 02 Mar, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 01, 2010).

Published 02 Mar, 2010 12:00am
NH&MP arrest six-member gang of dacoits

NH&MP arrest six-member gang of dacoits

National Highways & Motorway Police (NH&MP) N-5, Central, has arrested six members of dacoit gang, including cattle thieves near Kasowal, Lodhran, Khanpur and Mian Chanu on national highways respectively.
Published 02 Mar, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 01, 2010).

Published 02 Mar, 2010 12:00am
'Islamabad Police have set new trends of modern policing'

'Islamabad Police have set new trends of modern policing'

Chief Minister Balochistan, Nawab Aslam Raisani has said that Islamabad Police have set new trends of modern and people-friendly policing and has emerged as a driving force for provinces, besides fighting terrorism successfully.
Published 02 Mar, 2010 12:00am
Ufone brings UTalk

Ufone brings UTalk

Ufone has recently launched live news feed to help keep their valued customers aware of every happening in and out of Pakistan as and when it happens. Ufone users can now listen to Aaj News and other's channel's news simply by dialing 7774 from the
Published 02 Mar, 2010 12:00am
Pak Suzuki profit after tax falls to Rs 255.219 million

Pak Suzuki profit after tax falls to Rs 255.219 million

The after tax profit of Pak Suzuki Motor Company (PSMC) has declined to Rs 255.219 million in the year ended December 31, 2009 as compared to Rs 624.785 million earned in the corresponding period in 2008. The earning per share of the company declined to R
Published 02 Mar, 2010 12:00am
THE RUPEE: mixed trend seen

THE RUPEE: mixed trend seen

Divergent trend was seen on the currency market on Monday as importers' were busy in purchasing dollars to meet the payment requirements, exports said. On the interbank market the rupee lost nine paisa against dollar for buying at 85.04 and shed eight pai
Published 02 Mar, 2010 12:00am
Pak Suzuki profit after tax falls to Rs 255.219 million

Pak Suzuki profit after tax falls to Rs 255.219 million

The after tax profit of Pak Suzuki Motor Company (PSMC) has declined to Rs 255.219 million in the year ended December 31, 2009 as compared to Rs 624.785 million earned in the corresponding period in 2008. The earning per share of the company declined to R
Published 02 Mar, 2010 12:00am
THE RUPEE: mixed trend seen

THE RUPEE: mixed trend seen

Divergent trend was seen on the currency market on Monday as importers' were busy in purchasing dollars to meet the payment requirements, exports said. On the interbank market the rupee lost nine paisa against dollar for buying at 85.04 and shed eight pai
Published 02 Mar, 2010 12:00am
DCM's second LADIESFUND award ceremony on March 12

DCM's second LADIESFUND award ceremony on March 12

Dawood Capital Management (DCM) on Monday announced to hold the second LADIESFUND women's entrepreneurship award 2010 on Friday, March 12 at Mohatta Palace Museum. Speaking at a press conference, CEO Dawood Capital Manage-ment (DCM) Tara Uzra Dawood, who
Published 02 Mar, 2010 12:00am
DCM's second LADIESFUND award ceremony on March 12

DCM's second LADIESFUND award ceremony on March 12

Dawood Capital Management (DCM) on Monday announced to hold the second LADIESFUND women's entrepreneurship award 2010 on Friday, March 12 at Mohatta Palace Museum. Speaking at a press conference, CEO Dawood Capital Manage-ment (DCM) Tara Uzra Dawood, who
Published 02 Mar, 2010 12:00am
Mobilink Jazz SMS Plus Offer launched

Mobilink Jazz SMS Plus Offer launched

Mobilink,Pakistan's market leader in cellular services and part of Orascom Telecom Holding announced a new SMS offer allowing Jazz customers to send unlimited text messages to all networks between midnight to noon. Striving to deliver quality of service a
Published 02 Mar, 2010 12:00am
Meeting of Sindh University vice chancellor's executive council held

Meeting of Sindh University vice chancellor's executive council held

The Vice Chancellor's Executive Council of the University of Sindh has decided that apart from teaching the faculty members would devote 10 hours in a week to provide guidance and counselling to the students of their concerned teaching institutes and depa
Published 02 Mar, 2010 12:00am
HEC-FAD Programme holds video conference

HEC-FAD Programme holds video conference

Chief of Party HEC-FAD Programme Dr John Shumaker had a video conference with 11 partner universities. The modalities for provision of financial assistance to needy students from partner universities were finalised under the programme during the proceedin
Published 02 Mar, 2010 12:00am
ISO working group experts meeting in Colombo on March 3

ISO working group experts meeting in Colombo on March 3

International Organisation for Standardisation (ISO) Social Responsibility (SR) working group experts from a range of stakeholders' categories will meet in Colombo on March 3 to announce their support for ISO 26000 guidance on SR. After five years of work
Published 02 Mar, 2010 12:00am
Oil tanker blown up

Oil tanker blown up

An oil tanker bound for Afghanistan has been blown up by suspected armed militants on Ring Road here on Monday, police said. A group of gunmen fired a rocket and then opened fire on the oil tanker bound for Afghanistan at Jamil Chowk and destroyed it comp
Published 02 Mar, 2010 12:00am
Over 3,225 patients examined in free medical camps

Over 3,225 patients examined in free medical camps

In order to provide free healthcare facilities to the deserving patients in the far-flung areas of Hazara division, Hamza Foundation in collaboration with Tanzeem Lisail Wal Mahroon held nine free medical camps. A total of 3225 patients were provided free
Published 02 Mar, 2010 12:00am
Malaysian company to launch housing, waste water treatment projects

Malaysian company to launch housing, waste water treatment projects

A Malaysian company has shown interest in launching low cost housing schemes, deployment of WiMax and introducing waste water treatment facilities in Pakistan. A six-member delegation of Malaysian company Renexus is currently in Lahore to hold meetings wi
Published 02 Mar, 2010 12:00am
'Work on wide-ranging programme soon'

'Work on wide-ranging programme soon'

NWFP Minister for Labour Sher Azam Wazir has said that PPP government has a wide-ranging programme to serve the masses inline with its revolutionary vision and has therefore initiated many mega uplift projects for the welfare of the masses. He said constr
Published 02 Mar, 2010 12:00am
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