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Print - 2010-04-12
Iran backs unity government in Iraq

Iran backs unity government in Iraq

Iran urged leaders in neighbouring Iraq on Saturday to form a national unity government that included Sunni Muslims. Iranian Ambassador Hassan Kazemi Qomi said the Iraqiya coalition, which includes Sunnis and Shi'ites and won the largest share of seats in
Published 12 Apr, 2010 12:00am
Parliament demands Karzai fill Afghan cabinet posts

Parliament demands Karzai fill Afghan cabinet posts

Afghanistan's parliament has given President Hamid Karzai ten days to name candidates to fill 11 cabinet vacancies, the latest sign of the once-docile body's increasing tendency to challenge the president. Karzai has left acting ministers in charge of nea
Published 12 Apr, 2010 12:00am
Holbrooke, Petraeus meet Karzai

Holbrooke, Petraeus meet Karzai

US envoy Richard Holbrooke and senior general David Petraeus on Sunday met President Hamid Karzai in Kabul at a conference reviewing US civilian and military involvement in Afghanistan. The three men sat together at the start of a two-day conference to di
Published 12 Apr, 2010 12:00am
US seeks to heal rift with Karzai

US seeks to heal rift with Karzai

Top US officials sought to repair Washington's troubled relationship with Afghan President Hamid Karzai, calling him a reliable partner and pledging to treat him with greater sensitivity.
Published 12 Apr, 2010 12:00am
Israeli order paves way for West Bank deportations

Israeli order paves way for West Bank deportations

A new Israeli military policy could see tens of thousands of people living in the occupied West Bank without permits deported or facing criminal charges, Israel's Haaretz newspaper said on Sunday. The military, however, insisted the new orders merely form
Published 12 Apr, 2010 12:00am
Israel, Hamas fail in war probes: Rights group

Israel, Hamas fail in war probes: Rights group

Human Rights Watch says Israel and Hamas have failed to conduct credible investigations of alleged war crimes during last year's Gaza war. The group reviewed the investigative efforts in a 62-page report released Sunday. It urged the international communi
Published 12 Apr, 2010 12:00am
Security blankets Washington as nuclear summit looms

Security blankets Washington as nuclear summit looms

A small army of security forces, shuttered Metro stops, re-routed buses - Washington will leave nothing to chance next week to protect leaders at President Barack Obama's nuclear security summit.
Published 12 Apr, 2010 12:00am
Five Afghan deminers killed in roadside bombing

Five Afghan deminers killed in roadside bombing

A bus carrying Afghans working for a US-supported demining group was struck by a roadside bomb in Kandahar province Sunday, killing five workers and wounding 13 others. Also Sunday, Nato said an Afghan soldier shot and lightly wounded a Polish soldier wit
Published 12 Apr, 2010 12:00am
Sudan's election marred by delays, boycott

Sudan's election marred by delays, boycott

Sudanese President Omar al-Beshir voted on Sunday in the first multi-party polls of his two-decade rule, but the election was marred by an opposition boycott, fraud allegations and logistical problems.
Published 12 Apr, 2010 12:00am
Iran lifts ban on prominent pro-reform daily

Iran lifts ban on prominent pro-reform daily

A prominent pro-reform daily reappeared on Iranian news-stands on Sunday after a three-year ban that reformists saw as an attempt by hard-line rulers to silence critics of President Mahmoud Ahmadinejad. Sharq was closed by the Press Supervisory Board, run
Published 12 Apr, 2010 12:00am
US consulate in Mexico attacked

US consulate in Mexico attacked

Assailants hurled an explosive device at a US consulate in a northern Mexico border city, damaging windows but causing no injuries, the consulate said on Saturday. The device was thrown over a wall surrounding the consulate in Nuevo Laredo, across the bor
Published 12 Apr, 2010 12:00am
SNGPL streamlining system for consumers' convenience

SNGPL streamlining system for consumers' convenience

In an effort to modernise its working pattern and efficiently address consumers' complaints, the Sui Northern Gas Pipelines Limited (SNGPL) has computerised its entire system.
Published 12 Apr, 2010 12:00am
Consul General of Germany visits KU

Consul General of Germany visits KU

Dr Christian Brecht, the Consul General of the Federal Republic of Germany in Karachi, visited the Institute of Sustainable Halophyte Utilisation (ISHU), University of Karachi. An official of the University said on Sunday that Professor Dr M Ajmal Khan, D
Published 12 Apr, 2010 12:00am
Traders stage protest demonstration

Traders stage protest demonstration

Traders have staged a protest demonstration against long hours loadshedding in Lakar Mandi here on Sunday. The protest was held under Trade Union Multan led by President Trade Union, Khawaja Shafiq. Protesters burnt tyres at the chowk and chanted slogans
Published 12 Apr, 2010 12:00am
Welfare of cops top priority: DIG

Welfare of cops top priority: DIG

Islamabad security police force is committed to provide protection and fool proof security to VVIPs, foreign dignitaries as well as other important personalities and this responsibility would be professionally accomplished in future with same zeal and zes
Published 12 Apr, 2010 12:00am
Need for mutual love, peace

Need for mutual love, peace

We, the Muslims, have been commanded by the Creator not to be divided in groups. History shows that whenever there was unity in any nation they were invincible until they got divided into groups. The unity of Muslims is a glorious example in this regard.
Published 12 Apr, 2010 12:00am
Exporters' plea to govt

Exporters' plea to govt

The news under the captioned "Row between exporters, PSAA-PIFFA intensifies" appeared in daily Business Recorder on 10 April 2010, which is a significant and serious issue and need to be addressed on urgent and alarming basis by high ups.
Published 12 Apr, 2010 12:00am
ROVER'S DIARY: Sheer will can keep a country going

ROVER'S DIARY: Sheer will can keep a country going

Pakistan is jumping from one political crisis to another and from one deadly blast to another. I think it is people's survival instinct and desire to improve their standard of living which keeps the wheels of progress moving in Pakistan. However, the net
Published 12 Apr, 2010 12:00am
IMF and Pakistan

IMF and Pakistan

It is that time of the year again: the budget has to be announced latest by end June and, no doubt, a first or second draft of the document is, in all probability, doing the rounds of the Finance Ministry. It is unfortunate that this government's third bu
Published 12 Apr, 2010 12:00am
Suspicious transactions

Suspicious transactions

The central bank of a country, at times, has to take certain decisions which are not to the liking of the banking community or their clients. In a circular issued to the financial institutions on 5th April, 2010, State Bank of Pakistan (SBP) asked the ban
Published 12 Apr, 2010 12:00am
Profoundly historic

Profoundly historic

The architects of the 18th Amendment while considering any change or proposed change to the constitution did not lose sight of the first principles which underlie, or should underlie, the constitution of an Islamic republic governed by the rule of law suc
Published 12 Apr, 2010 12:00am
'Judicial crisis to be resolved constitutionally'

'Judicial crisis to be resolved constitutionally'

The Speaker of the AJK Legislative Assembly, Shah Ghulam Qadir said the ongoing judicial crisis in the State would be resolved in accordance with the constitution and law. Talking to APP the speaker said the acting president of AJK enjoyed the same powers
Published 12 Apr, 2010 12:00am
Free medical camp on April 14

Free medical camp on April 14

Mental Health Federation of Pakistan will set up a free medical camp for poor patients suffering from mental illnesses. The camp would also provide free medicines to the poor patients would be organised at 14 at 6-B-1, H-Block, Gulberg-2 on Wednesday Apri
Published 12 Apr, 2010 12:00am
'Musharraf offered me premiership many times'

'Musharraf offered me premiership many times'

Opposition Leader in the National Assembly Chaudhry Nisar Ali on Sunday said that former president Pervez Musharraf had offered him the slot of Prime Minister in case of changing loyalty several times but he did not compromise on the principles in the bes
Published 12 Apr, 2010 12:00am
PPP came into power due to its remarkable victory in polls: Qaim

PPP came into power due to its remarkable victory in polls: Qaim

Sindh Chief Minister, Syed Qaim Ali Shah said that the PPP-led government came into power due to the remarkable victory of the PPP in the general elections and struggle of Benazir Bhutto. The Sindh CM expressed these views in his message on completion of
Published 12 Apr, 2010 12:00am
Police recover hospital medicines

Police recover hospital medicines

The initial investigations into the leakages of government medicines and their sale in the open market have revealed that two dispensers posted in Chandka Medical College Hospital (teaching block) Larkana were involved in the crime.
Published 12 Apr, 2010 12:00am
Party gave me ticket on merit: Jamshed Dasti

Party gave me ticket on merit: Jamshed Dasti

Jamshed Dasti, candidate for the local polls from NA-178 has said that the party has given him the ticket on merit. "The party has faith in me," he said while speaking at a joint press conference with son of Prime Minister, Syed Abdul Qadir Gilani at Circ
Published 12 Apr, 2010 12:00am
Shahbaz gives Rs 500,000 to bereaved family

Shahbaz gives Rs 500,000 to bereaved family

Punjab Chief Minister Muhammad Shahbaz Sharif on Sunday visited the house of Naib Qasid, Abdul Latif whose six-year son was killed recently by a pervert. Visibly moved by the agony of the family the CM in tears promised to provide them the respite and jus
Published 12 Apr, 2010 12:00am
Sikhs arrive to celebrate 'Besakhi' festival

Sikhs arrive to celebrate 'Besakhi' festival

As many as 3,000 Indian Sikh yatrees arrived here Sunday by special trains through Wahga Border to celebrate the 311th 'Besakhi' festival. Addressing on the occasion, ETPB Chairman Asif Hashmi said Pakistan is a protected place for the Sikh community and
Published 12 Apr, 2010 12:00am
Lint cotton sellers eyeing Rs 6,000 price level

Lint cotton sellers eyeing Rs 6,000 price level

Increase in irrigation water availability and decrease in temperature to desired limits are indicating towards increased sowing and better development of cotton crop. April month is the prime time for cotton sowing in lower Sindh and early sowing areas of
Published 12 Apr, 2010 12:00am
Lint cotton sellers eyeing Rs 6,000 price level

Lint cotton sellers eyeing Rs 6,000 price level

Increase in irrigation water availability and decrease in temperature to desired limits are indicating towards increased sowing and better development of cotton crop. April month is the prime time for cotton sowing in lower Sindh and early sowing areas of
Published 12 Apr, 2010 12:00am
Seven die from using poisonous food

Seven die from using poisonous food

Seven persons of a family, including six women died, while six other persons fell unconscious apparently by consuming poisonous food near Pano Aqil on Sunday. According to detail, Chand Mahar along with his family members near Pano Aqil district Sukkur we
Published 12 Apr, 2010 12:00am
173rd meeting of SU syndicate held

173rd meeting of SU syndicate held

The 173rd syndicate meeting of the University of Sindh was held here on Saturday. The meeting was presided over by Vice Chancellor University of Sindh Professor Dr Nazir A. Mughal. The syndicate meeting approved to award BS-21 to Muhammad Hussain Shaikh f
Published 12 Apr, 2010 12:00am
18th amendment: 'constitutional protection to democracy ensured'

18th amendment: 'constitutional protection to democracy ensured'

The Sindh Minister for Fisheries, Zahid Ali Bhurgir has said that 18th amendment has ensured constitutional protection to the democracy and now no one can dare to harm the democracy in the country. He observed this while addressing an inaugural ceremony o
Published 12 Apr, 2010 12:00am
PEF introduces state of the art SIMS

PEF introduces state of the art SIMS

The Punjab Education Foundation (PEF) has introduced state of the art Student Information Manage-ment System (SIMS) to maintain computerised data of about one million students enrolled with partner schools under different educational programmes in 29 dist
Published 12 Apr, 2010 12:00am
14 police officials penalised

14 police officials penalised

SSP Investigation Lahore Police Zulfiqar Hameed awarded punishments to 14 police officers on charges of corruption, faulty investigation, misuse of power and negligence which included reduction in rank, forfeiture in service, withholding of promotion, red
Published 12 Apr, 2010 12:00am
274 WMOs appointed on PPSC recommendations

274 WMOs appointed on PPSC recommendations

Health Department Punjab has appointed 274 Women Medical Officers (WMOs) on the recommendation of Punjab Public Service Commission (PPSC) in various District Headquarters and Tehsil Headquarters hospitals and RHCs out of which 153 Post graduate trainee WM
Published 12 Apr, 2010 12:00am
Third batch of PL&DD officers trained

Third batch of PL&DD officers trained

University Diagnostic lab (UDL) of University of Veterinary and Animals Sciences (UVAS) has trained the third batch of the laboratory heads (officers) of Punjab Livestock and Diary Development (PL&DD) in 'basic disease diagnostic in livestock and poultry.
Published 12 Apr, 2010 12:00am
385 buildings constructed in violation of rules in Faisalabad

385 buildings constructed in violation of rules in Faisalabad

Believe it or not, but it is the fact that about 385 buildings, having four to eight stories, have been constructed in Faisalabad over an area spanning between one to four Marlas in violation of laid down standard design specifications, basic principles o
Published 12 Apr, 2010 12:00am
Ebad convenes Sindh Assembly meeting on April 15

Ebad convenes Sindh Assembly meeting on April 15

Sindh Governor Dr Ishrat-ul-Ebad Khan has summoned the Provincial Assembly to meet on April 15. An official announcement here said that the session will commence at 9.30 am at the Sindh Assembly building here.
Published 12 Apr, 2010 12:00am
Rs 4,000 million community development project ready for launching

Rs 4,000 million community development project ready for launching

Community Development Project (CDP) is all set to be launched under the auspices of Medium Term Development Funds (MTDF) and World Bank, as PC-I of the scheme has been prepared. Official sources said on Sunday MTDF would provide a grant of Rs 4000 million
Published 12 Apr, 2010 12:00am
Sania, Shoaib registered as ambassadors of population ministry: Firdous

Sania, Shoaib registered as ambassadors of population ministry: Firdous

Federal Population Welfare Minister Dr Firdous Ashiq Awan will leave for India on April 14th to attend the marriage of Shoaib Malik to represent Pakistan and to present the gifts on behalf of President and Prime of Pakistan and AJK Prime Minister to the c
Published 12 Apr, 2010 12:00am
Police given 24 hours to arrest Punjab University's goons

Police given 24 hours to arrest Punjab University's goons

Chief Minister Punjab Muhammad Shahbaz Sharif, taking serious notice, has directed the city police to nab the miscreants involved in the torture of a Punjab University teacher within 24 hours failing which strict action will be taken.
Published 12 Apr, 2010 12:00am
First Pakistani gets award by US based Conservation Society

First Pakistani gets award by US based Conservation Society

Society for Conservation of Biology (SCB), a US based international professional organisation dedicated to advancing the science and practice of conserving earth, has honoured an environmentalist from Pakistan, Dr Mumtaz Malik for its prestigious annual `
Published 12 Apr, 2010 12:00am
Trailers' terminal to be set up on Northern Bypass: minister

Trailers' terminal to be set up on Northern Bypass: minister

Sindh Minister for Transport, Akhter Hussain Jadon on Sunday said a modern terminal of trucks/trailers will be developed on 500 acres at Northern Bypass. The Sindh Minister was addressing as a chief guest at a programme organised by All Pakistan Ittefaq T
Published 12 Apr, 2010 12:00am
Pakistan Post urged to streamline services

Pakistan Post urged to streamline services

Customers of post offices in twin cities of Islamabad and Rawalpindi have claimed that delay in the delivery of mail, money orders and material has become a permanent feature of Post Customer Services (PCS). They said the concerned authorities should take
Published 12 Apr, 2010 12:00am
Lahore-Kasur Road project: chief minister blacklists companies

Lahore-Kasur Road project: chief minister blacklists companies

Punjab Chief Minister Muhammad Shahbaz Sharif has said that billions of rupees were wasted in the past due to corruption, plunder and nepotism in the execution of development projects and Lahore-Kasur Road project worth about four billions rupees is an ex
Published 12 Apr, 2010 12:00am
Farmers urge government to procure wheat on priority basis

Farmers urge government to procure wheat on priority basis

Various associations of farmers have demanded of the government to immediately start wheat procurement as 30 percent wheat harvesting has already completed in southern Punjab and Sindh. Kisan Board Pakistan (KPB) on Sunday said that last year government h
Published 12 Apr, 2010 12:00am
A case likely to earn bad name for ISI

A case likely to earn bad name for ISI

A case of acrimony between a serving colonel of Inter-Services Intelligence (ISI) Directorate and a retired major, currently Chairman of Pakistan Tobacco Board (PTB), has landed in the office of the Director-General, ISI, Lieutenant General Ahmad Shuja Pa
Published 12 Apr, 2010 12:00am
Punjab University staff to stage protest today

Punjab University staff to stage protest today

Punjab University Academic Staff Association led by its President, Dr Mehr Muhammad Saeed Akhtar and General Secretary, Javaid Sami will stage a protest for not apprehending the attackers of Professor Ifthikar Hussain Baloch at Lahore Press Club on Monday
Published 12 Apr, 2010 12:00am
IGP Sindh notices misbehaviour of police with people

IGP Sindh notices misbehaviour of police with people

Inspector General Sindh Police, Sultan Salahuddin Baber Khatak has said that he has observed and newspapers reports also reveal that the behaviour of those police officials and staff, who are deployed at police stations in interior Sindh with the people i
Published 12 Apr, 2010 12:00am
Three women die in Lower Dir road mishap

Three women die in Lower Dir road mishap

A bus carrying a wedding party fell into deep ravine at Siah village in Lower Dir district on Sunday, killing three women, while 15 passengers sustained injuries, police said.
Published 12 Apr, 2010 12:00am
Shahbaz lays foundation stone for hospital

Shahbaz lays foundation stone for hospital

Punjab Chief Minister Muhammad Shahbaz Sharif on Sunday laid foundation stone for cardiology hospital in Chunian District Kasur. He gave instructions for completion of the Project in a year time. National and provincial legislators from the area including
Published 12 Apr, 2010 12:00am
Two die in firing incident at Tank

Two die in firing incident at Tank

Two persons, including a young taxi driver, killed in two different incidents of firing, police and hospital sources said here on Sunday. According to sources, Aftab Ali told police that his brother Sohail Ali who used to drive his taxi- wagon was hired b
Published 12 Apr, 2010 12:00am
LPG price reduced by Rs 7 per kg

LPG price reduced by Rs 7 per kg

Price of Liquefied Petroleum Gas (LPG) has been reduced by Rs7 per kilogram (KG), traders said on Sunday. Chairman LPG Distributors Association (LPGDA) Irfan Khokar in a press statement said that LPG marketing companies have reduced its rate by Rs7 per kg
Published 12 Apr, 2010 12:00am
Budget 2010-11 proposals: revenue target envisages two VAT rates

Budget 2010-11 proposals: revenue target envisages two VAT rates

The revenue collection target of the Federal Board of Revenue (FBR) for 2010-11 can not be finalised till the Revenue Advisory Council works out the exact revenue implications of imposition of value-added tax (VAT) at two different rates of 15 percent and
Published 12 Apr, 2010 12:00am
Police given 24 hours to arrest PU's goons

Police given 24 hours to arrest PU's goons

Chief Minister Punjab Muhammad Shahbaz Sharif, taking serious notice, has directed the city police to nab the miscreants involved in the torture of a Punjab University teacher within 24 hours failing which strict action will be taken.
Published 12 Apr, 2010 12:00am
ISI released two Taliban militants: 0Washington Post

ISI released two Taliban militants: 0Washington Post

Pakistan's intelligence service set free at least two senior Afghan Taliban militants even as it helped the United States detain the Taliban's second-ranking commander in the area, The Washington Post reported late on Saturday.
Published 12 Apr, 2010 12:00am
KATI delegation calls on Nawaz

KATI delegation calls on Nawaz

A 30-member delegation of Korangi Association of Trade & Industry (KATI) led by S. M. Muneer, a leading businessman and former President FPCCI, called on PML-N Chief Nawaz Sharif and apprised him of the problems being faced by the industry.
Published 12 Apr, 2010 12:00am
Gunmen kill one, injure two in police van ambush

Gunmen kill one, injure two in police van ambush

Police say gunmen attacked a police patrol in north-western Pakistan, killing one officer and wounding two others. Local police official Jawed Khan said gunmen ambushed the police team before dawn Sunday as they were travelling in a van across a bridge in
Published 12 Apr, 2010 12:00am
MONEY WEEK: tight domestic liquidity deprives private borrowers

MONEY WEEK: tight domestic liquidity deprives private borrowers

Ever since the release of last IMF tranche and Saudi component ($200 mn) of FoDP, foreigners have been busy taking the money out of the system as the amount has now reached Rs 92 billion on net basis. The IMF''s last release of over $700 million in Decemb
Published 12 Apr, 2010 12:00am
MONEY WEEK: tight domestic liquidity deprives private borrowers

MONEY WEEK: tight domestic liquidity deprives private borrowers

Ever since the release of last IMF tranche and Saudi component ($200 mn) of FoDP, foreigners have been busy taking the money out of the system as the amount has now reached Rs 92 billion on net basis. The IMF's last release of over $700 million in Decembe
Published 12 Apr, 2010 12:00am
MONEY WEEK: tight domestic liquidity deprives private borrowers

MONEY WEEK: tight domestic liquidity deprives private borrowers

Ever since the release of last IMF tranche and Saudi component ($200 mn) of FoDP, foreigners have been busy taking the money out of the system as the amount has now reached Rs 92 billion on net basis. The IMF's last release of over $700 million in Decembe
Published 12 Apr, 2010 12:00am
Thailand in turmoil after 21 die in bloody clashes

Thailand in turmoil after 21 die in bloody clashes

Defiant "Red Shirt" Thai protesters vowed Sunday to keep up their bid to topple the government, after the country's worst political violence in almost two decades left 21 dead and over 800 injured.
Published 12 Apr, 2010 12:00am
Iran begins producing new anti-aircraft missile

Iran begins producing new anti-aircraft missile

Iran has started mass-producing a new medium-range anti-aircraft missile, state media reported on Sunday quoting Defence Minister Ahmad Vahidi. Vahidi said the missile named Mersad (Ambush) "can destroy modern planes in low and medium altitudes," without
Published 12 Apr, 2010 12:00am
FPCCI for construction of dams to meet power needs

FPCCI for construction of dams to meet power needs

Federation of Pakistan Chamber of Commerce and Industry (FPCCI), an apex body of business chambers in the country, has stressed the need for immediate construction of water reservoirs and dams to meet increasing power shortage.
Published 12 Apr, 2010 12:00am
US and India clear key hurdle in nuclear deal

US and India clear key hurdle in nuclear deal

The United States and India said Sunday they have reached an agreement on reprocessing nuclear material, clearing a major hurdle in putting into operation a landmark atomic energy pact. The agreement, reached after nine months of painstaking negotiations,
Published 12 Apr, 2010 12:00am
Australia warns boatpeople may be sent home

Australia warns boatpeople may be sent home

Australian Foreign Minister Stephen Smith on Sunday warned would-be asylum-seekers from Sri Lanka and Afghanistan they could be sent home as a result of a suspension on considering their claims. Prime Minister Kevin Rudd's government, under pressure in an
Published 12 Apr, 2010 12:00am
Massive misuse of Pak-China FTA detected

Massive misuse of Pak-China FTA detected

The Directorate-General of Intelligence and Investigation (I&I), Federal Board of Revenue (FBR), has detected massive misuse of Free Trade Agreement (FTA) signed between Pakistan and China, involving importers who submit wrong ''certificates of origin'' t
Published 12 Apr, 2010 12:00am
Massive misuse of Pak-China FTA detected

Massive misuse of Pak-China FTA detected

The Directorate-General of Intelligence and Investigation (I&I), Federal Board of Revenue (FBR), has detected massive misuse of Free Trade Agreement (FTA) signed between Pakistan and China, involving importers who submit wrong 'certificates of origin' to
Published 12 Apr, 2010 12:00am
Massive misuse of Pak-China FTA detected

Massive misuse of Pak-China FTA detected

The Directorate-General of Intelligence and Investigation (I&I), Federal Board of Revenue (FBR), has detected massive misuse of Free Trade Agreement (FTA) signed between Pakistan and China, involving importers who submit wrong 'certificates of origin' to
Published 12 Apr, 2010 12:00am
'All bets are off' if US under WMD attack: Clinton

'All bets are off' if US under WMD attack: Clinton

Secretary of State Hillary Clinton said Sunday the United States could not rule out using nuclear weapons if it came under biological attack, saying in that case "all bets are off." "If we can prove that a biological attack originated in a country that at
Published 12 Apr, 2010 12:00am
Futures open interest up by 26 percent

Futures open interest up by 26 percent

The open interest at the futures counter increased by 26 percent on week-on-week basis to Rs 1.852 billion. However, the spread declined by 89bbps to 5.71 percent during the week. Trading activity remained low and the volume at the futures counter decline
Published 12 Apr, 2010 12:00am
Futures open interest up by 26 percent

Futures open interest up by 26 percent

The open interest at the futures counter increased by 26 percent on week-on-week basis to Rs 1.852 billion. However, the spread declined by 89bbps to 5.71 percent during the week. Trading activity remained low and the volume at the futures counter decline
Published 12 Apr, 2010 12:00am
Futures open interest up by 26 percent

Futures open interest up by 26 percent

The open interest at the futures counter increased by 26 percent on week-on-week basis to Rs 1.852 billion. However, the spread declined by 89bbps to 5.71 percent during the week. Trading activity remained low and the volume at the futures counter decline
Published 12 Apr, 2010 12:00am
Futures open interest up by 26 percent

Futures open interest up by 26 percent

The open interest at the futures counter increased by 26 percent on week-on-week basis to Rs 1.852 billion. However, the spread declined by 89bbps to 5.71 percent during the week. Trading activity remained low and the volume at the futures counter decline
Published 12 Apr, 2010 12:00am
Index gains 169.94 points

Index gains 169.94 points

Bullish trend prevailed at the Karachi share market during the week ended on April 19, 2010 on the back of foreign investors'' interest, and the KSE-100 index surged by 169.94 points to close at 10,586.46 points.
Published 12 Apr, 2010 12:00am
Index gains 169.94 points

Index gains 169.94 points

Bullish trend prevailed at the Karachi share market during the week ended on April 19, 2010 on the back of foreign investors' interest, and the KSE-100 index surged by 169.94 points to close at 10,586.46 points.
Published 12 Apr, 2010 12:00am
Index gains 169.94 points

Index gains 169.94 points

Bullish trend prevailed at the Karachi share market during the week ended on April 19, 2010 on the back of foreign investors' interest, and the KSE-100 index surged by 169.94 points to close at 10,586.46 points.
Published 12 Apr, 2010 12:00am
US lifts ban on funds for USAID projects

US lifts ban on funds for USAID projects

The United States government lifted the ban on the release of funds for development projects in Pakistan, to be financed under USAID umbrella, last month, Business Recorder has learnt. "After lifting of the ban, Pakistan is expecting release of $15
Published 12 Apr, 2010 12:00am
US lifts ban on funds for USAID projects

US lifts ban on funds for USAID projects

The United States government lifted the ban on the release of funds for development projects in Pakistan, to be financed under USAID umbrella, last month, Business Recorder has learnt. "After lifting of the ban, Pakistan is expecting release of $15
Published 12 Apr, 2010 12:00am
US lifts ban on funds for USAID projects

US lifts ban on funds for USAID projects

The United States government lifted the ban on the release of funds for development projects in Pakistan, to be financed under USAID umbrella, last month, Business Recorder has learnt. "After lifting of the ban, Pakistan is expecting release of $15
Published 12 Apr, 2010 12:00am
Macroeconomic situation risky: World Bank

Macroeconomic situation risky: World Bank

The World Bank has portrayed Pakistan''s macroeconomic situation as ''risky'', but maintained that conditions are improving under an International Monetary Fund (IMF) and Bank-supported programme. The Bank made these comments on a draft concept note for a
Published 12 Apr, 2010 12:00am
Macroeconomic situation risky: World Bank

Macroeconomic situation risky: World Bank

The World Bank has portrayed Pakistan's macroeconomic situation as 'risky', but maintained that conditions are improving under an International Monetary Fund (IMF) and Bank-supported programme. The Bank made these comments on a draft concept note for a 'R
Published 12 Apr, 2010 12:00am
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