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Print - 2010-03-17
Peace talks with Taliban No 2 denied

Peace talks with Taliban No 2 denied

Afghanistan's government denied a report on Tuesday that it had been holding secret peace talks with the Taliban's number two leader, Mullah Abdul Ghani Baradar, when he was arrested in Pakistan. The announcement last month of Baradar's arrest in Karachi
Published 17 Mar, 2010 12:00am
Afghanistan confirms blanket pardon for war crimes

Afghanistan confirms blanket pardon for war crimes

Afghanistan confirmed for the first time publicly on Tuesday that it had enacted into law a blanket pardon for war crimes and human rights abuse carried out before 2001. Human rights groups have expressed dismay that the law appeared to have been enacted
Published 17 Mar, 2010 12:00am
China, Britain pledge to improve strained ties

China, Britain pledge to improve strained ties

The British and Chinese foreign ministers pledged Tuesday to work together to strengthen ties after the two nations clashed over human rights, climate change and Iran's nuclear drive. "I come here in the spirit of partnership as we face common challenges
Published 17 Mar, 2010 12:00am
Russia sees US nuclear arms deal soon

Russia sees US nuclear arms deal soon

A nuclear arms reduction pact between Russia and the United States could be ready for signing by late March or early April, Russian news agencies quoted Foreign Minister Sergei Lavrov as saying on Tuesday. Russian and US teams have been negotiating for mo
Published 17 Mar, 2010 12:00am
State of disaster declared in cyclone-hit Fiji

State of disaster declared in cyclone-hit Fiji

Fiji's government Tuesday declared a state of disaster as the first deaths were reported in the cyclone-ravaged Pacific nation where 17,000 people have fled to evacuation centres. The leader of the military regime, Voreqe Bainimarama, said although the fu
Published 17 Mar, 2010 12:00am
EU pushes rich states on fast-start climate funding

EU pushes rich states on fast-start climate funding

European Union finance ministers on Tuesday urged more rich countries to offer poor states immediate aid to fight global warming, as the EU, US and Japan have already done. The three powers promised in Copenhagen in December to pay up to 30 billion dollar
Published 17 Mar, 2010 12:00am
Dollar Libor up

Dollar Libor up

The interbank cost of obtaining dollars rose on Tuesday, with an expected reduction in the number of Federal Reserve liquidity programmes one factor increasing demand for the greenback. US dollar Libor was at a 3-1/2 month high, with overnight rates at th
Published 17 Mar, 2010 12:00am
Sterling climbs

Sterling climbs

Sterling rose 1 percent on the day versus the dollar on Tuesday, extending gains as traders continued to cover short positions in the UK currency after it fell the previous day. Sterling climbed to the day's high of $1.5208. A climb above $1.5218 would be
Published 17 Mar, 2010 12:00am
Dollar dips in London

Dollar dips in London

The dollar dipped on Tuesday with markets anticipating the US Federal Reserve will keep policy unchanged, but wary of any upside surprises. The policy-setting Federal Open Market Committee was expected to reiterate its vow to keep interest rates very low
Published 17 Mar, 2010 12:00am
Asian bond spreads widen a tad

Asian bond spreads widen a tad

Asian dollar bond spreads widened slightly from eight-week lows on Tuesday as investors turned cautious ahead of a US Federal Reserve meeting and an expected resumption of new issue supplies. Vietnam, whose rating was placed on watch negative by Fitch las
Published 17 Mar, 2010 12:00am
Asian bond spreads widen a tad

Asian bond spreads widen a tad

Asian dollar bond spreads widened slightly from eight-week lows on Tuesday as investors turned cautious ahead of a US Federal Reserve meeting and an expected resumption of new issue supplies. Vietnam, whose rating was placed on watch negative by Fitch las
Published 17 Mar, 2010 12:00am
India shares climb

India shares climb

Indian shares climbed 1.3 percent on Tuesday to their best close in nearly two months, with energy giant Reliance Industries leading the charge, and the rise in world equities lending support. Reliance Industries, which has the highest weight on the main
Published 17 Mar, 2010 12:00am
European CDS tighten, new issues flood in

European CDS tighten, new issues flood in

European corporate credit default swap spreads edged tighter on Tuesday, but remained confined to narrow ranges, with the flood of new issues in the primary market still the main theme. The primary market was awash with new bond issues again as companies
Published 17 Mar, 2010 12:00am
European CDS tighten, new issues flood in

European CDS tighten, new issues flood in

European corporate credit default swap spreads edged tighter on Tuesday, but remained confined to narrow ranges, with the flood of new issues in the primary market still the main theme. The primary market was awash with new bond issues again as companies
Published 17 Mar, 2010 12:00am
Tuesday's late afternoon trade: Wall Street higher

Tuesday's late afternoon trade: Wall Street higher

US stocks rose on Tuesday after the US Federal Reserve held benchmark rates near zero and renewed its pledge to keep them exceptionally low for an extended period. "The market was excited that they didn't change language this time," said Burt White, manag
Published 17 Mar, 2010 12:00am
UK's top share index gains

UK's top share index gains

Britain's top shares gained 0.5 percent on Tuesday lifted by strength in banks and commodity issues after reassuring news on Greece's debt situation and as investors awaited the outcome of a US Federal Reserve meeting. The FTSE 100 closed at 5,620.43 poin
Published 17 Mar, 2010 12:00am
New York cotton settles higher

New York cotton settles higher

Cotton futures closed largely higher on Tuesday on investor buying as the market was content to move in a range while waiting for leads on its next move, brokers said. The key May cotton contract rose 1.08 cents to end at 81.84 cents per lb, dealing from
Published 17 Mar, 2010 12:00am
Liffe sugar, cocoa lower; coffee up

Liffe sugar, cocoa lower; coffee up

May white sugar traded around 6-month lows, ending $19.80 lower at $521.40 on Tuesday after a bout of investor long liquidation. Dealers talked of a lack of physical offtake despite the recent slide in prices. May cocoa on Liffe ended 14 pounds lower at 2
Published 17 Mar, 2010 12:00am
Copper moves higher

Copper moves higher

Copper rose on Tuesday as the dollar slipped against the euro and inventories fell, while lingering worries about supplies from top producer Chile helped underpin sentiment. Benchmark copper for three-months delivery on the London Metal Exchange ended at
Published 17 Mar, 2010 12:00am
Oil climbs two percent

Oil climbs two percent

Oil rose more than 2 percent on Tuesday as the dollar weakened on expectations the US Federal Reserve will keep interest rates near zero for a prolonged period, and as Opec ministers pledged to keep oil output cuts in place at a meeting Wednesday.
Published 17 Mar, 2010 12:00am
Gold jumps in Europe

Gold jumps in Europe

Gold jumped above $1,125 an ounce in Europe on Tuesday as the dollar extended losses versus the euro and oil rallied above $81 a barrel ahead of a key Federal Reserve announcement on rates later in the session. Spot gold hit a high of $1,125.60 an ounce a
Published 17 Mar, 2010 12:00am
US MIDDAY: sugar and cocoa fall

US MIDDAY: sugar and cocoa fall

Summaries of the ICE Futures US cocoa, coffee and sugar markets early on Tuesday. May arabica coffee contract rose 0.45 cent at $1.3150 per lb at 11:02 am EDT (1502 GMT). Ranging from $1.3060 to $1.32. Arabica coffee futures inched higher in quiet dealing
Published 17 Mar, 2010 12:00am
US MIDDAY: soya, wheat and corn up

US MIDDAY: soya, wheat and corn up

US May soya gained 7 cents per bushel to $9.37 at the open on Tuesday on a weak dollar, strong crude oil and concerns about possible slow shipments of soya from Brazilian ports, traders said. May soyabeans up 7-1/2 cents at $9.37-1/2 a bushel.
Published 17 Mar, 2010 12:00am
US MIDDAY: copper climbs

US MIDDAY: copper climbs

US copper futures climbed from two-week lows early on Tuesday, with a falling dollar and slightly optimistic housing data providing an early lift, as investors awaited a US Federal Reserve policy statement later in the day. Copper for May delivery firmed
Published 17 Mar, 2010 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

US gold futures rose above $1,120 an ounce early on Tuesday, gaining 1.5 percent, as an oil rally prompted commodity funds to buy ahead of an interest rate decision and policy statement by the Federal Reserve. COMEX April gold up $17.50, or 1.6 percent, a
Published 17 Mar, 2010 12:00am
'Steps to be taken to protect government, civic facilities'

'Steps to be taken to protect government, civic facilities'

DCO/Administrator Saeed Wahlah has directed the Town Administrators that special steps should be taken for safeguarding and protecting government properties and civic facilities should also be maintained for the welfare and betterment of the citizens.
Published 17 Mar, 2010 12:00am
Model village of ancient heritage set up at UAF

Model village of ancient heritage set up at UAF

A model village of ancient heritage of our rural life, aimed at preserving traditional culture of the province, was established at the University of Agriculture Faisalabad (UAF). The model showcasing agricultural tools, old irrigation methods, and other p
Published 17 Mar, 2010 12:00am
US wants to develop Southern Punjab at par with other areas: Carmella

US wants to develop Southern Punjab at par with other areas: Carmella

US Consulate Ms Carmella Conray said that United States wanted to develop Southern Punjab to bring it at par with other developed areas. It was an agricultural zone, which produces 80 percent of total cotton production in Pakistan and more than 40 percent
Published 17 Mar, 2010 12:00am
Matriculation exams centres: DCOs, DPOs asked to conduct surprise visits

Matriculation exams centres: DCOs, DPOs asked to conduct surprise visits

Commissioner Tahir Hussain has asked DCOs and DPOs to conduct surprise visits to matriculation examination centres to ensure transparency in them and an end to booty mafia. He also directed the supervisors and invigilators to make certain that no one coul
Published 17 Mar, 2010 12:00am
ICCI for focusing on export of value-added textile products

ICCI for focusing on export of value-added textile products

The Islamabad Chamber of Commerce and Industry (ICCI) here on Tuesday stressed the need for focussing on export of value-added textile products. Talking to textile sector businessmen, ICCI President, Zahid Maqbool said that Pakistan was mostly exporting l
Published 17 Mar, 2010 12:00am
Forests conservation programme launched

Forests conservation programme launched

The Ministry of Environment and World-wide Fund for Nature on Tuesday launched national programme for conservation of forests and sustainable management of forest ecosystem. Addressing the launching ceremony of 'National Forest Programme', Minister for En
Published 17 Mar, 2010 12:00am
Facilitation of Pakistani products' access to EU market demanded

Facilitation of Pakistani products' access to EU market demanded

Pakistani envoy to the UK, Wajid Shamsul Hasan, has emphasised on European Unions to support for obtaining fair market access to Pakistani products to strengthen economy of the South Asian country badly affected by its role in ongoing war against terroris
Published 17 Mar, 2010 12:00am
Saifullah, Sri Lankan envoy for expanding regional cooperation

Saifullah, Sri Lankan envoy for expanding regional cooperation

Sri Lankan High Commissioner Air Chief Marshal Jayalath Weerakkody on Tuesday called on President of PML (Like Minded) Senator Salim Saifullah Khan and discussed the matters of mutual interests. Both the dignitaries discussed in length the long-standing b
Published 17 Mar, 2010 12:00am
Need to reconnect wisdom with progress emphasised

Need to reconnect wisdom with progress emphasised

Sindh Governor Dr Ishrat-ul-Ibad Khan has said that wisdom will have to be taken out of universities, literary and intellectual gatherings and shelves and use for solving problems of the society. "Wisdom has been the legacy of Muslims and till such time i
Published 17 Mar, 2010 12:00am
Third Mobile Commerce Conference on March 18

Third Mobile Commerce Conference on March 18

The Third international Mobile Commerce Conference will be held at a local hotel on March 18 (tomorrow). An announcement here on Tuesday said that the moot is being organised jointly by the Pakistan Telecommunication Authority and Total Communications. It
Published 17 Mar, 2010 12:00am
US hands over Rs 168 million road equipment to Fata

US hands over Rs 168 million road equipment to Fata

The US on Tuesday donated road-building equipment valued at Rs 168 million (US $2 million) to Fata Secretariat. In a hand-over ceremony held in Hayatabad, US Consul General Candace Putnam presented the equipment, including 25 road rollers, 15 stone crushe
Published 17 Mar, 2010 12:00am
Gondal for introducing high-tech irrigation system

Gondal for introducing high-tech irrigation system

Minister for Food and Agriculture, Nazar Muhammad Gondal on Tuesday said that conserving water through the high efficiency irrigation system is the only solution to overcome the water shortage in the country.
Published 17 Mar, 2010 12:00am
Palm oil imports seen down in March

Palm oil imports seen down in March

Pakistan's palm oil imports are seen down in March as ample stocks will likely limit incoming shipments to around 118,000 tonnes, a top industry official said on Tuesday. Malaysia shipped 68,450 tonnes of palm oil products to Pakistan between March 1-15,
Published 17 Mar, 2010 12:00am
Resolution of the energy sector circular debt

Resolution of the energy sector circular debt

It is a matter of extreme concern for the people of Pakistan that energy sector circular debt continues to jeopardise the operations of the entire energy sector supply chain. Further, it is evident that the massive escalation of the circular debt in the p
Published 17 Mar, 2010 12:00am
Iran offers 'courting' diplomas to cut divorce

Iran offers 'courting' diplomas to cut divorce

Iranian youths can attend courtship classes and earn a diploma before tying the knot as part of a newly launched government scheme to cut the divorce rate. The National Youth Organisation has unveiled an online course to educate the Islamic republic's ove
Published 17 Mar, 2010 12:00am
GOOD MORNING: Yesterday's sports heroes today's villains?

GOOD MORNING: Yesterday's sports heroes today's villains?

Cynical and skeptical Pakistanis could surely be wondering when will come good news that will lift their spirits and raise their morale about the state of affairs in the country. When was it the last time that there was something to feel buoyant about, so
Published 17 Mar, 2010 12:00am
Constitutional reforms - points to ponder

Constitutional reforms - points to ponder

A major overhaul of 1973 constitution has been on the cards ever since the installation of the present dispensation. The government has formed a parliamentary constitutional reforms committee which is currently engaged in the task of formulating its recom
Published 17 Mar, 2010 12:00am
Promoting consumer rights

Promoting consumer rights

Monday was the World Consumer Rights Day; its theme for this year, "Our Money, Our Rights". Except for some small NGO generated activity the day passed quietly. The newspapers did not carry special supplements nor did the government ministers address spec
Published 17 Mar, 2010 12:00am
Power sector allocation

Power sector allocation

During the first ten months of the current fiscal year, the federal government was able to release only 38 percent of its budgetary commitment to the Water and Power Development Authority (Wapda) for power projects.
Published 17 Mar, 2010 12:00am
Shahbaz's common cause with Taliban

Shahbaz's common cause with Taliban

What Punjab Chief Minister Shahbaz Sharif said on Sunday does not behove a politician aspiring to be a national leader. Pointing out what he considered to be a common cause between the Taliban and his own party, he said both had opposed Musharraf. And sin
Published 17 Mar, 2010 12:00am
NWFP trade bodies reject levy of VAT

NWFP trade bodies reject levy of VAT

The traders' organisations of NWFP Tuesday outrightly rejected the levy of value-added-tax(VAT) and initiating any kind of survey for the imposition of any new tax in the war-affected province. The decision was taken at a meeting of the traders' organisat
Published 17 Mar, 2010 12:00am
62 farmers to get tractors

62 farmers to get tractors

As many as 62 tractors will be given to the farmers of Cholistan through a draw, learnt newsmen here on Tuesday. According to official sources, as many as 2,088 farmers had submitted applications for tractors, out of which 1,986 were short-listed for the
Published 17 Mar, 2010 12:00am
SNGPL MD assures LTIA of no gas loadshedding in industrial area

SNGPL MD assures LTIA of no gas loadshedding in industrial area

There will be no gas load shedding for industry, and modalities to bridge supply-demand gap is being finalised. This was stated by SNGPL Managing Director Abdul Rashid Lon after having a meeting with a delegation of Lahore Township Industries Association
Published 17 Mar, 2010 12:00am
SBP organising 'Hari Melo' on March 19

SBP organising 'Hari Melo' on March 19

The State Bank of Pakistan (SBP) Banking Services Corporation (BSC) Hyderabad in collaboration with Habib Bank Limited is organising "Hari Melo" on March 19, 2010 at Shaheed Benazir Auditorium, Mirpurkhas. The Hari Melo event would be inaugurated by Provi
Published 17 Mar, 2010 12:00am
Highway patrol personnel training starts

Highway patrol personnel training starts

special session of traffic management training of Punjab highway patrol personnel has started at police training school Chung, Lahore. 6 upper sub-ordinate and 27 constables are participating in the 11-day training session that has arranged on the instruc
Published 17 Mar, 2010 12:00am
ACCA holds annual networking event

ACCA holds annual networking event

ACCA held an annual networking event for its members at a local hotel here. The event has provided an opportunity to build linkages within the ACCA community and benefit from networking with leadership from well recognised employers from the industry.
Published 17 Mar, 2010 12:00am
PBIT for liaison with chambers of commerce, industry

PBIT for liaison with chambers of commerce, industry

The Punjab government is committed to have close collaboration with Chambers of Commerce and Industry in the province for accommodating the business community in their trade activities.
Published 17 Mar, 2010 12:00am
EIBL long-term entity rating maintained

EIBL long-term entity rating maintained

JCR-VIS Credit Rating Company Limited has maintained the long-term entity rating of Escorts Investment Bank Limited (EIBL) at 'A/A-1' (single A/A-one). JCR-VIS has also maintained the rating of TFC-1 at 'A+' (single A plus).
Published 17 Mar, 2010 12:00am
EIBL long-term entity rating maintained

EIBL long-term entity rating maintained

JCR-VIS Credit Rating Company Limited has maintained the long-term entity rating of Escorts Investment Bank Limited (EIBL) at 'A/A-1' (single A/A-one). JCR-VIS has also maintained the rating of TFC-1 at 'A+' (single A plus).
Published 17 Mar, 2010 12:00am
ECP: Coca-Cola, WWF enter phase-II

ECP: Coca-Cola, WWF enter phase-II

Coca-Cola and WWF Pakistan's partnership on improving sub-watershed management and creating environmental awareness in Ayubia National Park has delivered exceptional results in its first year. The main aim of the project is to initiate environmental conse
Published 17 Mar, 2010 12:00am
Petition filed by DSP: LHC directs to hold judicial inquiry

Petition filed by DSP: LHC directs to hold judicial inquiry

The Lahore High Court (LHC) disposed of a petition filed by a DSP, Imran Babar, challenging the ongoing inquiry against him being conducted by SSP Mubashar Ullah and directed sessions Judge to hold judicial inquiry into the matter.
Published 17 Mar, 2010 12:00am
LHC seeks government counsel's assistance on land use law

LHC seeks government counsel's assistance on land use law

The Lahore High Court, while directing the Punjab government counsel to assist the court on the point whether a place could be used for any other purposes fixed for public utility could be used for any other purposes, adjourned to March 25 the proceedings
Published 17 Mar, 2010 12:00am
Wattan Party approaches Supreme Court to amend petition

Wattan Party approaches Supreme Court to amend petition

Wattan Party (WP) has approached the Supreme Court of Pakistan with prayer to allow to amend petition and to allow mutual legal assistance securing the status of civil party in case of President Asif Ali Zardari.
Published 17 Mar, 2010 12:00am
The Weather

The Weather

The weather report on Tuesday (March 16, 2010) and the forecast for Wednesday (March 17, 2010).

Published 17 Mar, 2010 12:00am
'$5 billion foreign investment expected in next three years'

'$5 billion foreign investment expected in next three years'

Pakistan is expecting around 5 billion dollars foreign investment in various sectors in the next three years, Director General of Board of Investment (BOI), Hamayoon Khan Sikandar informed business community on Tuesday.
Published 17 Mar, 2010 12:00am
RMC Principal transferred over negligence, misconduct

RMC Principal transferred over negligence, misconduct

Following the approval accorded by Chief Minister Punjab, Health Department has transferred Professor Dr Musaddiq Ahmad Khan, Principal Rawalpindi Medical College (RMC) and directed him to report to the department. Moreover, Professor Dr Muhammad Afzal Fa
Published 17 Mar, 2010 12:00am
Lawyers observe judiciary independence day

Lawyers observe judiciary independence day

The legal fraternity here on Tuesday observed "independence judiciary day" and hold bar meetings with pledge to be ready for scarifies for the rule of law and supremacy of the constitution in the country. The Lahore High Court Bar Association (LHCBA) in i
Published 17 Mar, 2010 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 17 Mar, 2010 12:00am
Moazzam wins APNS best PRO award

Moazzam wins APNS best PRO award

Moazzam Ali Khan Head of Public Relations and Corporate Social Responsibility at Ufone was bestowed with the APNS award of the best Public Relations Officer (PRO) from the private sector. The award was handed over to Moazzam Ali Khan by President Asif Ali
Published 17 Mar, 2010 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 17 Mar, 2010 12:00am
Mobilink registers increase in subscriber base

Mobilink registers increase in subscriber base

Mobilink registered an increase in subscriber base and revenues for Q4 2009, as compared to previous quarter of the same year. Mobilink demonstrated positive trends in the fourth quarter of 2009, as the company's revenues, as per local currency showed an
Published 17 Mar, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (March 16, 2010).

Published 17 Mar, 2010 12:00am
KFHA distributes 23 onboard flake ice plants

KFHA distributes 23 onboard flake ice plants

Karachi Fisheries Harbour Authority (KFHA) has distributed 23 onboard flake ice plants, along with generators worth Rs 32.2 million, to the successful owners of 23 modified large fishing boats free of cost through balloting.
Published 17 Mar, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (March 16, 2010).

Published 17 Mar, 2010 12:00am
P&D Department suffering without ACS

P&D Department suffering without ACS

Delay in the appointment of provincial Additional Chief Secretary (ACS), Development, is creating hurdles for Planning and Development (P&D) department to prepare Annual Development Program (ADP) 2010-11 on time. Sources told Business Recorder on T
Published 17 Mar, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (March 16, 2010).

Published 17 Mar, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (March 16, 2010) and for Wednesday (March 17, 2010)
Published 17 Mar, 2010 12:00am
Etihad Airways codeshare operation from March 18

Etihad Airways codeshare operation from March 18

Etihad Airways, the national airline of the United Arab Emirates, has announced Etihad's first codeshare operation out of Pakistan with partner American Airlines, providing air travellers in Pakistan with greater access to the American market.
Published 17 Mar, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (March 16, 2010).

Published 17 Mar, 2010 12:00am
Renting out houses: verification of ID cards compulsory

Renting out houses: verification of ID cards compulsory

The government has declared verification of identity cards of tenants by National Database and Registration Authority (Nadra) compulsory for renting out houses. According to an official here on Tuesday, people have been asked not to hand over their houses
Published 17 Mar, 2010 12:00am
Loadshedding may be less severe this year

Loadshedding may be less severe this year

Magnitude of power load shedding may be less severe this year against last two years due to an addition of some 3,500MW electricity to the power generation system. Pakistan Electric Power Company (Pepco) is likely to get 2,500MW with the entry of eight Re
Published 17 Mar, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 16, 2010).

Published 17 Mar, 2010 12:00am
17 organisations to take out rally today

17 organisations to take out rally today

Seventeen leftist political parties, trade unions, federations and students' unions have announced taking out a rally on Wednesday March 17 in support of the workers of a 5-star hotel of Karachi. The rally will start at 4.00 pm from PIDC House and culmina
Published 17 Mar, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 16, 2010).

Published 17 Mar, 2010 12:00am
Irsa cuts water outflows after depletion of reservoirs

Irsa cuts water outflows after depletion of reservoirs

The Indus River System Authority reduced water outflows downstream the Tarbela dam on river Indus by 10,000 cusecs on Tuesday as the country's biggest reservoir was completely emptied on Monday night and has asked the provinces to adjust their water needs
Published 17 Mar, 2010 12:00am
Banned fishing nets burnt

Banned fishing nets burnt

Sindh Fisheries Department jointly with Fishermen Co-operative Society (FCS) burnt some 35 banned fishing nets on Tuesday. The use of bullo, gujjo and katra nets are completely banned in Sindh's territorial waters under the Sindh Fisheries Ordinance of 19
Published 17 Mar, 2010 12:00am
Award distribution ceremony

Award distribution ceremony

A UK-based relief and development agency Muslim Aid organised a certificate distribution ceremony at its Skills Development Centre (SDC) 'Hunerkada', here on Tuesday. A total of 340 female students of Muslim Aid Hunerkada were awarded with certificates un
Published 17 Mar, 2010 12:00am
THE RUPEE: dollar modestly down

THE RUPEE: dollar modestly down

Slight fluctuations were seen on the local currency market on Tuesday. The dollars' supply was enough to meet the importers' demand, experts said. On the interbank market the rupee inched up with a marginal gain of two paisa versus dollar at 84.38 and 84.
Published 17 Mar, 2010 12:00am
THE RUPEE: dollar modestly down

THE RUPEE: dollar modestly down

Slight fluctuations were seen on the local currency market on Tuesday. The dollars' supply was enough to meet the importers' demand, experts said. On the interbank market the rupee inched up with a marginal gain of two paisa versus dollar at 84.38 and 84.
Published 17 Mar, 2010 12:00am