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Print - 2010-03-29
Primerica IPO, despite problems, could sell

Primerica IPO, despite problems, could sell

Citigroup Inc is set to sell off a stake worth about $234 million in Primerica Inc, which sells life insurance and financial advice, and while the deal is far from perfect, some analysts think the offering could sell well.
Published 29 Mar, 2010 12:00am
Dubai index at three-month high

Dubai index at three-month high

Dubai's index hit a three-month high on Sunday as bullish investors backed Dubai World's debt restructuring offer with further buying. The measure rose 1.9 percent to its highest finish since December 16 and taking its gains to 6.3 percent since the offer
Published 29 Mar, 2010 12:00am
Unemployment report to weigh on US stocks

Unemployment report to weigh on US stocks

A key jobs report will be at the centre of market action in the coming week as Wall Street stocks posted their fourth straight weekly gain in the penultimate trading week of the month.
Published 29 Mar, 2010 12:00am
Nakheel to offer sukuk to trade creditors

Nakheel to offer sukuk to trade creditors

Nakheel trade creditors will be offered a large-scale Islamic bond as part of a debt restructuring plan issued by parent firm Dubai World last Thursday, a source close to the company said on Sunday.
Published 29 Mar, 2010 12:00am
Nakheel to offer sukuk to trade creditors

Nakheel to offer sukuk to trade creditors

Nakheel trade creditors will be offered a large-scale Islamic bond as part of a debt restructuring plan issued by parent firm Dubai World last Thursday, a source close to the company said on Sunday.
Published 29 Mar, 2010 12:00am
Tokyo shares seen to gain support

Tokyo shares seen to gain support

Japanese shares are expected to receive buying support next week with market participants forecasting recovery signs in key indicators, dealers said. They also said the April 1 listing of Japan's second largest insurer Dai-Ichi Mutual Life Insurance Co is
Published 29 Mar, 2010 12:00am
Malaysia's EONCap Islamic Bank eyes equity venture

Malaysia's EONCap Islamic Bank eyes equity venture

Malaysia's EONCap Islamic Bank plans to launch its first profit-sharing property financing by June, its chief executive said on Friday, reflecting the industry's move towards more equity funding. Profit-sharing ventures are a cornerstone of Islamic financ
Published 29 Mar, 2010 12:00am
Malaysia's EONCap Islamic Bank eyes equity venture

Malaysia's EONCap Islamic Bank eyes equity venture

Malaysia's EONCap Islamic Bank plans to launch its first profit-sharing property financing by June, its chief executive said on Friday, reflecting the industry's move towards more equity funding. Profit-sharing ventures are a cornerstone of Islamic financ
Published 29 Mar, 2010 12:00am
Mexico pension funds keen on private equity vehicle

Mexico pension funds keen on private equity vehicle

A new investment vehicle in Mexico meant to lure pension funds to invest in private equity strikes the right balance between transparency and the needs of entrepreneurs, an industry official said on Friday.
Published 29 Mar, 2010 12:00am
Mexico pension funds keen on private equity vehicle

Mexico pension funds keen on private equity vehicle

A new investment vehicle in Mexico meant to lure pension funds to invest in private equity strikes the right balance between transparency and the needs of entrepreneurs, an industry official said on Friday.
Published 29 Mar, 2010 12:00am
US treasury outlook: a choppy path towards March payrolls

US treasury outlook: a choppy path towards March payrolls

Investors should brace for wild swings in the US Treasuries market next week in advance of the government's March payrolls data. Anxiety over whether fund managers and central banks world-wide are finally tired of funding the United States' massive defici
Published 29 Mar, 2010 12:00am
US treasury outlook: a choppy path towards March payrolls

US treasury outlook: a choppy path towards March payrolls

Investors should brace for wild swings in the US Treasuries market next week in advance of the government's March payrolls data. Anxiety over whether fund managers and central banks world-wide are finally tired of funding the United States' massive defici
Published 29 Mar, 2010 12:00am
London investors await British growth data

London investors await British growth data

British economic growth data will be high on the agenda next week for investors on the London stock market which is looking to build on its highest closing levels for 21 months. London's benchmark FTSE 100 index rose 0.93 percent over the past five days t
Published 29 Mar, 2010 12:00am
Cautionary tale from CIA secret prison in Afghanistan

Cautionary tale from CIA secret prison in Afghanistan

More than seven years ago, a suspected Afghan militant was brought to a dimly lit CIA compound north-east of the airport in Kabul, Afghanistan. The CIA called it the Salt Pit. Inmates knew it as the dark prison. Inside a chilly cell, the man was shackled
Published 29 Mar, 2010 12:00am
'No talks' between Iraq's al-Maliki and front-runner Allawi

'No talks' between Iraq's al-Maliki and front-runner Allawi

Incumbent Iraqi Prime Minister Nuri al-Maliki's coalition remains "committed" to seeing him serve another term, a spokesman said Sunday. Al-Maliki has vowed to challenge results from the March 7 polls announced Friday, which gave former prime minister Aya
Published 29 Mar, 2010 12:00am
Somali pirates hijack Spanish ship

Somali pirates hijack Spanish ship

Somali pirates said on Sunday they had captured a Spanish fishing vessel in the Indian Ocean. A pirate who gave his name as Ibrahim told Reuters by phone: "My men have hijacked a Spanish fishing vessel from the Indian Ocean. They are on board and safe."
Published 29 Mar, 2010 12:00am
Thailand's televised protest talks end without resolution

Thailand's televised protest talks end without resolution

Live televised talks between Thailand's embattled Prime Minister Abhisit Vejjajiva and anti-government protesters ended Sunday without resolution, failing to end two weeks of street demonstrations.
Published 29 Mar, 2010 12:00am
Libya says EU ties back to normal but not Swiss

Libya says EU ties back to normal but not Swiss

Libya's relations with the European Union have returned to normal after a row over visas was settled but a dispute with Switzerland remains unresolved, Libya's foreign minister said on Sunday.
Published 29 Mar, 2010 12:00am
Abu Dhabi Investment Authority's boss still missing

Abu Dhabi Investment Authority's boss still missing

The head of the Abu Dhabi Investment Authority, Sheikh Ahmed bin Zayed al-Nahyan, is missing after a plane crash off the coast of Morocco, reported the MAP news agency Sunday. The head of the world's largest sovereign wealth fund was in a private plane wh
Published 29 Mar, 2010 12:00am
Turkish Prime Minister rejects new sanctions against Iran

Turkish Prime Minister rejects new sanctions against Iran

Turkish Prime Minister Recep Tayyip Erdogan has again rejected the idea of imposing new sanctions on Iran over its nuclear programme in an interview with a German magazine out Monday. Erdogan's comments come ahead of a visit to Turkey on Monday and Tuesda
Published 29 Mar, 2010 12:00am
Thousands protest against Putin in Russian city

Thousands protest against Putin in Russian city

Thousands of angry people demonstrated in a north-western Russian city on Sunday against the high cost of living and demanded that the government of Prime Minister Vladimir Putin quits. About 4,000 protesters braved biting cold to hold an unauthorised ral
Published 29 Mar, 2010 12:00am
Israeli Prime Minister rejects Obama 'disaster' headline

Israeli Prime Minister rejects Obama 'disaster' headline

Prime Minister Benjamin Netanyahu on Sunday rejected a description of US President Barack Obama as Israel's "greatest disaster", a phrase a best-selling newspaper attributed to an anonymous confidant of the premier.
Published 29 Mar, 2010 12:00am
Bomb attacks kill 11 in Afghanistan

Bomb attacks kill 11 in Afghanistan

A string of roadside bomb attacks killed 11 civilians including five children in insurgency-hit Afghanistan, authorities said on Sunday. Five children were killed in the western province of Herat when a roadside bomb went off Saturday, the interior minist
Published 29 Mar, 2010 12:00am
Pope signals won't be intimidated by scandals

Pope signals won't be intimidated by scandals

Pope Benedict, facing one of the gravest crises of his pontificate as a sexual abuse scandal sweeps the Church, indicated on Sunday that his faith would give him the courage not to be intimidated by critics. The 82-year-old pontiff led tens of thousands o
Published 29 Mar, 2010 12:00am
Setting priorities the right way

Setting priorities the right way

Army Chief Gen Kayani's statement at the end of two-day Strategic Dialogue between Pakistan and America that the military was willing to forgo its requests for hardware to ensure that Pakistan's energy and economic needs were met.
Published 29 Mar, 2010 12:00am
Relief for parents

Relief for parents

The importance of learning to enable the individual to put his potentials to optimal use is self-evident. Without education, the intellectual improvement of an individual is incomplete and being a proud father, I am much concerned about the education of m
Published 29 Mar, 2010 12:00am
ROVER'S DIARY: What's behind the urban discontent?

ROVER'S DIARY: What's behind the urban discontent?

Seething anger of the public is displayed now quite often on the streets of major cities of Pakistan. People's reaction is seen on mundane issues like power shortage, rising transportation prices, unemployment and police excesses. All these issues have be
Published 29 Mar, 2010 12:00am
Health workers' appeal to donors for life-saving vaccines

Health workers' appeal to donors for life-saving vaccines

Funding for humanitarian aid has in recent years taken a twist, as donors are increasingly demanding both an immediate impact and a long-term return on their investment. If the people found recently wringing their hands and nervously pacing inside a Dutch
Published 29 Mar, 2010 12:00am
Of conspiracy theories

Of conspiracy theories

This week past brought a major surprise that resulted in a decided shift of media and public attention away from Washington DC where the focus was clearly more on protocol than on substance and back to our murky internal politics.
Published 29 Mar, 2010 12:00am
At the mercy of powerful land-grabbers

At the mercy of powerful land-grabbers

What would you do if your property is grabbed by the most powerful in the country? If one has an answer to this, one would be doing a great service by letting the Pakistan Cricket Board (PCB) Chairman Ijaz Butt know it. What he has lost and how he lost he
Published 29 Mar, 2010 12:00am
Monetary Policy held hostage by fiscal imperatives?

Monetary Policy held hostage by fiscal imperatives?

The State Bank of Pakistan (SBP) seems to be looking up beseechingly; it's earnestly seeking a supportive role from country's fiscal policymakers to help contain inflationary pressures in the economy to enable it to soften its monetary policy stance. And
Published 29 Mar, 2010 12:00am
Some elements try to create rift among PPP leaders: Mehdi Shah

Some elements try to create rift among PPP leaders: Mehdi Shah

Chief Minister Gilgit-Baltistan (GB) Legislative Assembly, Syed Mehdi Shah Sunday said some elements were trying to create rift among the party leaders, but they would not succeed in their evil design. Talking to APP, he said the Governor should be carefu
Published 29 Mar, 2010 12:00am
'Government pays equal heed to education of urban, rural women'

'Government pays equal heed to education of urban, rural women'

Sindh Minister for Culture, Ms Saussi Paleejo, on Sunday said that the government is equally attentive to improve women education at urban as well as rural areas in province of Sindh. The Sindh Minister was addressing a two-day conference on "Women in Pak
Published 29 Mar, 2010 12:00am
'Conspiracies being hatched against democratic government'

'Conspiracies being hatched against democratic government'

The Advisor to Chief Minister Sindh for Information, Jameel Ahmed Soomro has said that those who were claiming themselves as champion of democracy and opponent of 17th amendment in the constitution are now deviating from their stand and creating hurdles i
Published 29 Mar, 2010 12:00am
Night sweeping in Gulshan Town

Night sweeping in Gulshan Town

Administrator Gulshan-e-Iqbal Town, Shafiqur Rehman, has called for better night sweeping of roads and said that as a result of steps taken so far, the sanitary conditions have shown improvement. On Saturday night, the Town Administrator inspected the swe
Published 29 Mar, 2010 12:00am
Army officers, soldiers honoured

Army officers, soldiers honoured

A simple but impressive Investiture Ceremony was held at Corps Headquarters Auditorium. Commander Lahore Corps, Lieutenant General Ijaz Ahmed Bakhshi, who was chief guest on the occasion, decorated 48 Officers, Junior Commissioned Officers and soldiers wi
Published 29 Mar, 2010 12:00am
MQM represents middle class

MQM represents middle class

Muttahida Qaumi Movement (MQM) had represented the middle class at every forum and played a vital role against terrorism, said the Zonal Incharge MQM Skardu, Nasir Khan Balti here on Sunday. Talking to APP, he said, the party had always raised voice for t
Published 29 Mar, 2010 12:00am
'Corruption-free culture being promoted in Punjab'

'Corruption-free culture being promoted in Punjab'

The Punjab Chief Minister, Muhammad Shahbaz Sharif, has said that a corruption-free culture has been promoted in the province while plundering of resources and misappropriation of development funds has been completely eliminated. He said that an effective
Published 29 Mar, 2010 12:00am
Need stressed for implementation of environmental laws

Need stressed for implementation of environmental laws

There is need for effective implementation of environmental laws in order to help tackle the problems pertaining to environment and pollution. This was stated by the Sindh Minister for Environment and Alternate Energy, Shaikh Muhammad Afzal.
Published 29 Mar, 2010 12:00am
Himayat Ali Shair chair established at SU

Himayat Ali Shair chair established at SU

Vice Chancellor University of Sindh Professor Dr Nazir A Mughal has said that chair has been set up in the name of renowned poet and scholar Himayat Ali Shair in recognition of his valuable services in the field of poetry and literature.
Published 29 Mar, 2010 12:00am
Call for new medical college

Call for new medical college

Post Graduate Medical Institute (PGMI) Lahore, General Hospital Faculty members have called for the Punjab Chief Minister Shahbaz Sharif to establish new medical college to overcome shortage of doctors. The demand was raised in unanimous resolution passed
Published 29 Mar, 2010 12:00am
PCLPA providing free reconstructive surgery

PCLPA providing free reconstructive surgery

Pakistan Cleft Lip and Palate Association (PCLPA) is providing free reconstructive surgery services to the poor patients from all over the country.
Published 29 Mar, 2010 12:00am
Energy crises, hike in prices slammed

Energy crises, hike in prices slammed

Khaksar Tehreek Pakistan (KTP) Sunday staged a protest demonstration in front of Lahore Press Club against the energy crisis and prices hike. A large number of workers led by Dr Sabiha Arshad Almasharqi participated in the protest demonstration. The parti
Published 29 Mar, 2010 12:00am
18th Convocation of UAF today

18th Convocation of UAF today

18th Convocation of University of Agriculture Faisalabad (UAF) would be held on Monday (today) at Iqbal Auditorium of the University. The Governor Punjab/Chancellor of the University will preside over the Convocation. In this regard a full dress rehearsal
Published 29 Mar, 2010 12:00am
Centre for the disabled in Bajaur Agency inaugurated

Centre for the disabled in Bajaur Agency inaugurated

The government has opened centre for disabled persons to prepare artificial limbs for them at Agency's Headquarters Khar in Bajaur Agency. The centre was inaugurated by Additional Political Agent, Asif Ali Farruk, which will prepare special apparatus for
Published 29 Mar, 2010 12:00am
'Revolutionary policies launched to upgrade quality of education'

'Revolutionary policies launched to upgrade quality of education'

Punjab Law Minister Rana Sanaullah Khan has said that the present Punjab government has introduced the revolutionary education policies for imparting the quality education to young generation and talented students are being encouraged besides providing th
Published 29 Mar, 2010 12:00am
Jamshed Hayat elected President Multan HC Bar

Jamshed Hayat elected President Multan HC Bar

Shaikh Jamshed Hayat, son of former Justice Khizar Hayat of Jamaat Islami and Riaz-ul-Hassan have been elected as President and General Secretary of High Court Bar, Multan by bagging 1676 and 1291 votes respectively.
Published 29 Mar, 2010 12:00am
Former MNA, son held

Former MNA, son held

Ex-MNA and a leader of Pakistan Muslim League Mian Ata Muhammad Qureshi and his son Nasir Ata Qureshi were held by police on the charge of beating brutally a traffic warden when he drew their attention towards traffic violation, while serving his duty.
Published 29 Mar, 2010 12:00am
PPP government committed to women Empowerment

PPP government committed to women Empowerment

It is for the first time in the country's political history that the women are being ensured their rights and protection by legislation, which is evident from election of a woman as Speaker, National Assembly. The process of women emancipation moved forwa
Published 29 Mar, 2010 12:00am
'Measures being taken to lessen impacts of climate change'

'Measures being taken to lessen impacts of climate change'

Minister for Environment Hameed Ullah Jan Afridi has said the government is taking concrete measures to mitigate the impacts of climate change. Addressing a workshop here on Sunday, he said the new forest policy, which is in the final stages, would greatl
Published 29 Mar, 2010 12:00am
AARI develops new cotton variety FH-113

AARI develops new cotton variety FH-113

Ayub Agriculture Research Institute (AARI), has developed a new environmental and human friendly cotton variety FH-113 approved by a high-level committee of agriculture experts for commercial cultivation.
Published 29 Mar, 2010 12:00am
Seminar on success story of tuberculoses in Punjab today

Seminar on success story of tuberculoses in Punjab today

Provincial TB Control programme, Punjab, in collaboration with Pakistan Medical Society & Allama Iqbal Medical College & Jinnah Hospital, Lahore is holding a seminar on "Success story of TB in Punjab" on Monday (today).
Published 29 Mar, 2010 12:00am
Renaming of NWFP: ANP to seek PML-Q's support

Renaming of NWFP: ANP to seek PML-Q's support

A four-member delegation of Awami National Party (ANP) - comprising of Senator Zahid Khan, Haji Adeel and Bushra Gohar led by party provincial president, Afrasiab Khattak would meet Chaudhry Shujaat in Islamabad on Monday to seek his party's support for r
Published 29 Mar, 2010 12:00am
Constitutional amendments: ANP urges Nawaz to review decision

Constitutional amendments: ANP urges Nawaz to review decision

NWFP Senior Minister Bashir Ahmed Bilour on Sunday urged PML-N Quaid Mian Nawaz Sharif to review its decision by helping the democratic forces in order to end the existing deadlock regarding constitutional amendments for the smooth repealing of the 17th a
Published 29 Mar, 2010 12:00am
Malik convenes meeting over Balochistan law & order

Malik convenes meeting over Balochistan law & order

Interior Minister Rehman Malik has convened a high level meeting to discuss the law and order situation in Balochistan on March 30 in Islamabad . Sources said that the Minister directed the provincial administration to remove five check posts from Khuzdar
Published 29 Mar, 2010 12:00am
Pak-US strategic talks revolve only around US interests: Imran

Pak-US strategic talks revolve only around US interests: Imran

Criticing the government over the recent strategic talks with the United States, Chairman, Pakistan Tehrik-e-Insaf (PTI), Imran Khan on Sunday said that US only wanted to use Pakistan Army for safe withdrawal from Afghanistan.
Published 29 Mar, 2010 12:00am
Solid waste management: promotion of awareness discussed

Solid waste management: promotion of awareness discussed

A youth delegation of NGO Zimmedar Shehri led by educationist Nadia Jamil met Punjab Chief Minister Muhammad Shahbaz Sharif, here Sunday. During the meeting ways and means for enabling youth to play a proactive role in various sectors including promotion
Published 29 Mar, 2010 12:00am
Indirect taxation regime crippled common man: experts

Indirect taxation regime crippled common man: experts

Heavy indirect taxation regime in Pakistan has not only crippled the common man but also enhanced poverty in the country, economists and industrialists told Business Recorder on Sunday.
Published 29 Mar, 2010 12:00am
Sufi group vows to rid Somalia of radical militants

Sufi group vows to rid Somalia of radical militants

A leader of a moderate Sufi militia group that signed a power-sharing deal with the Western-backed Somali government this month has vowed to rid the country of radical militants. The government brought Ahlu Sunna Waljamaca on board ahead of an expected mi
Published 29 Mar, 2010 12:00am
Colombian rebels free hostage soldier

Colombian rebels free hostage soldier

Colombian rebels released a kidnapped soldier to a humanitarian mission in the remote southern jungle, the International Committee of the Red Cross said on Sunday. In the first of two planned handovers, guerrillas freed Josue Daniel Calvo, a soldier held
Published 29 Mar, 2010 12:00am
Drug dealers offer dial-a-taxi delivery service to customers

Drug dealers offer dial-a-taxi delivery service to customers

Cocaine dealers in Hong Kong are offering regular customers a dial-a-taxi delivery service to make purchases, a media report said Sunday. The dealers use a network of taxi drivers to sell and deliver the drug for 1,000 Hong Kong dollars per gram (128 doll
Published 29 Mar, 2010 12:00am
MONEY WEEK: where the rupee is heading?

MONEY WEEK: where the rupee is heading?

The rupee is getting stronger and stronger, albeit the real effective exchange rate (REER) till January, as per SBP data, was at a six percent discount to its equilibrium value. This implies that rupee is at six percent premium against its trading partner
Published 29 Mar, 2010 12:00am
MONEY WEEK: where the rupee is heading?

MONEY WEEK: where the rupee is heading?

The rupee is getting stronger and stronger, albeit the real effective exchange rate (REER) till January, as per SBP data, was at a six percent discount to its equilibrium value. This implies that rupee is at six percent premium against its trading partner
Published 29 Mar, 2010 12:00am
MONEY WEEK: where the rupee is heading?

MONEY WEEK: where the rupee is heading?

The rupee is getting stronger and stronger, albeit the real effective exchange rate (REER) till January, as per SBP data, was at a six percent discount to its equilibrium value. This implies that rupee is at six percent premium against its trading partner
Published 29 Mar, 2010 12:00am
Sialkot working boundary: Pakistan and India hold flag meeting

Sialkot working boundary: Pakistan and India hold flag meeting

A flag meeting between border security force (BSF) of India and Pakistan Rangers was held on early Sunday at Sialkot working boundary, an ISPR news release said here. The meeting was held following Pakistan's demands to protest against violation of cease-
Published 29 Mar, 2010 12:00am
Better Pakistan-US ties underpinned by Afghan aims

Better Pakistan-US ties underpinned by Afghan aims

Buoyant US-Pakistani relations are being underpinned by converging interests over Afghanistan but strains could emerge if Pakistan's expectations for US help are not met and it feels it is being used.
Published 29 Mar, 2010 12:00am
Power looms sector decides to go on strike from March 30

Power looms sector decides to go on strike from March 30

All Pakistan Power Looms Association (APPLA) has decided to go on complete strike from March 30 and launch a civil disobedience move from April 1, if their demands were not met within next 48 hours.
Published 29 Mar, 2010 12:00am
Power looms sector decides to go on strike from March 30

Power looms sector decides to go on strike from March 30

All Pakistan Power Looms Association (APPLA) has decided to go on complete strike from March 30 and launch a civil disobedience move from April 1, if their demands were not met within next 48 hours.
Published 29 Mar, 2010 12:00am
Power looms sector decides to go on strike from March 30

Power looms sector decides to go on strike from March 30

All Pakistan Power Looms Association (APPLA) has decided to go on complete strike from March 30 and launch a civil disobedience move from April 1, if their demands were not met within next 48 hours.
Published 29 Mar, 2010 12:00am
Bomb attack injures five

Bomb attack injures five

A bomb attack Sunday wounded five people and destroyed a music shop, here on Sunday, police said. A bomb planted near the shop exploded in a bazaar in the neighbourhood of Hayatabad in Peshawar. "The bomb was planted near the CD shop, at least five people
Published 29 Mar, 2010 12:00am
Bomb attack injures five

Bomb attack injures five

A bomb attack Sunday wounded five people and destroyed a music shop, here on Sunday, police said. A bomb planted near the shop exploded in a bazaar in the neighbourhood of Hayatabad in Peshawar. "The bomb was planted near the CD shop, at least five people
Published 29 Mar, 2010 12:00am
India tests nuclear-capable Agni I missile

India tests nuclear-capable Agni I missile

India on Sunday successfully tested its nuclear- capable surface-to-surface missile Agni-I from a defence base in the eastern state of Orissa, a news report said. The locally-built missile, which has a range of 700 kilometres, was fired from a rail mobile
Published 29 Mar, 2010 12:00am
India tests nuclear-capable Agni I missile

India tests nuclear-capable Agni I missile

India on Sunday successfully tested its nuclear- capable surface-to-surface missile Agni-I from a defence base in the eastern state of Orissa, a news report said. The locally-built missile, which has a range of 700 kilometres, was fired from a rail mobile
Published 29 Mar, 2010 12:00am
12 killed in Indian occupied Kashmir gunbattles

12 killed in Indian occupied Kashmir gunbattles

At least 12 militants were killed in separate gunbattles with security forces in held Kashmir, officials said Sunday. Eight militants were killed in a gunbattle in the Keran sector, 130 kilometres north of occupied Srinagar, that began Friday, army spokes
Published 29 Mar, 2010 12:00am
12 killed in Indian occupied Kashmir gunbattles

12 killed in Indian occupied Kashmir gunbattles

At least 12 militants were killed in separate gunbattles with security forces in held Kashmir, officials said Sunday. Eight militants were killed in a gunbattle in the Keran sector, 130 kilometres north of occupied Srinagar, that began Friday, army spokes
Published 29 Mar, 2010 12:00am
Netanyahu vows response to Gaza attacks

Netanyahu vows response to Gaza attacks

Prime Minister Benjamin Netanyahu warned militants on Sunday that Israel would respond to any attacks from the Gaza Strip that harmed Israelis, making the pledge after clashes along the Hamas-run enclave's border.
Published 29 Mar, 2010 12:00am
Obama in Kabul on surprise trip

Obama in Kabul on surprise trip

US President Barack Obama arrived in Afghanistan on Sunday on an unannounced visit during which he will press President Hamid Karzai to crack down on corruption and battle drug traffic. It was Obama's first trip to the country since he became president 14
Published 29 Mar, 2010 12:00am
Open interest futures down by 19.1 percent

Open interest futures down by 19.1 percent

The open interest at the futures counter declined by 19.1 percent to Rs 1.7 billion for March and April 2010. The futures spreads were going in the same direction by a massive 20.0pps to stand at 2.83 percent on account of the resurgence in the ready mark
Published 29 Mar, 2010 12:00am
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