AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)
Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-07-10
Sri Lanka recall Fernando, Malinga for India Tests

Sri Lanka recall Fernando, Malinga for India Tests

Sri Lanka's cricket selectors on Friday recalled fast bowlers Dilhara Fernando and Lasith Malinga for the first of three Tests against India starting on July 18. The selectors also named three uncapped players in batsmen Lahiru Thirimanna and Thilina Kand
Published 10 Jul, 2010 12:00am
Leading football journalist dies

Leading football journalist dies

Robert Millward, head of Associated Press's global football coverage, died here on Thursday aged just 58 of a suspected heart attack, the wire agency's sports editor announced on Friday. Millward, married with no children, had been suffering from hyper-te
Published 10 Jul, 2010 12:00am
Animal magic deals World Cup blow to pundits

Animal magic deals World Cup blow to pundits

Franz Beckenbauer, Pele and Jurgen Klinsmann have some serious rivals when it comes to World Cup punditry. Step forward - or swim or fly - Paul and Pauline the octopus oracles and Mani the Singapore parakeet who have all been given credit for correctly pr
Published 10 Jul, 2010 12:00am
Injury-hit Bangladesh recall Ashraful, Naeem

Injury-hit Bangladesh recall Ashraful, Naeem

Bangladesh recalled former captain Mohammad Ashraful and all-rounder Naeem Islam on Friday after batsman Roqibul Hassan and wicketkeeper Mushfiqur Rahim were ruled out of the ongoing one-day series against England. Roqibul, who top scored for his side wit
Published 10 Jul, 2010 12:00am
Bell takes a toll of Bangladesh

Bell takes a toll of Bangladesh

Ian Bell marked his return to England's one-day side with an unbeaten 84 as they defeated Bangladesh by six wickets in the first of a three-match series at Trent Bridge here on Thursday. Bell, recalled in the absence of injured No 3 Kevin Pietersen, faced
Published 10 Jul, 2010 12:00am
Pakistan to face stern test vs Australia, England: Rashid

Pakistan to face stern test vs Australia, England: Rashid

Former Pakistan skipper Rashid Latif Qureshi has said that despite winning both the T20 Internationals against Australia, national team will be facing stern test in the Test series both against Australia and England. "Its is good and encouraging win but P
Published 10 Jul, 2010 12:00am
Afridi wants Pakistan to be more consistent

Afridi wants Pakistan to be more consistent

Pakistan captain Shahid Afridi has demanded more consistency from his players as the team gears up for a series against Australia in England. "The key is for us to develop a habit of winning matches more regularly and consistently like other top teams inc
Published 10 Jul, 2010 12:00am
Uzbekistan beat Pakistan in Indoor hockey

Uzbekistan beat Pakistan in Indoor hockey

Uzbekistan on Friday beat Pakistan by 7-4 in a match of the ongoing Men's Third Indoor Hockey Tournament being played in Malaysian city of Ipoh. As a result of the defeat, Pakistan is out of the final race. In the first half of the match, players wasted s
Published 10 Jul, 2010 12:00am
Pakistan prevail in marathon set to level Davis Cup tie

Pakistan prevail in marathon set to level Davis Cup tie

Aisam-ul-Haq Qureshi kept Pakistan level with New Zealand in their Asia/Oceania Group II Davis Cup semi-final on Friday when he won a dramatic second singles that went to 15-13 in the fifth set. It took the veteran Qureshi four hours and 36 minutes to bea
Published 10 Jul, 2010 12:00am
Strike over at Honda plant in China

Strike over at Honda plant in China

Production at a Honda assembly plant in southern China has resumed after workers demanding pay hikes ended a two-day strike, media reports said Friday. The Japanese auto giant is one of a number of foreign companies hit by industrial action in China as in
Published 10 Jul, 2010 12:00am
Britain's 'happiest' earn 50,000 pounds a year

Britain's 'happiest' earn 50,000 pounds a year

Money may not be the answer to all of life's troubles, but earning 50,000 pounds a year - and not a penny more - could make you among the happiest in Britain, a survey found. Workers who get paid 50,000 pounds ($75,840) a year were the happiest bunch amon
Published 10 Jul, 2010 12:00am
Ruling DPJ faces election setback in Japan

Ruling DPJ faces election setback in Japan

Japanese Prime Minister Naoto Kan's Democratic Party looks increasingly likely to suffer a sharp setback in a weekend election, surveys showed on Friday, putting his job at risk and hampering efforts to curb a huge public debt. Flagging support for the De
Published 10 Jul, 2010 12:00am
Boeing submits bid for US military mega project

Boeing submits bid for US military mega project

US aerospace giant Boeing on Friday submitted its bid for a 40-billion dollar US military contract also contested by bitter rival Airbus. Boeing said it had hand-delivered the 8,000-page proposal to build 179 aerial refuelling tankers for the US Air Force
Published 10 Jul, 2010 12:00am
Ahmadinejad under fire from parliament speaker

Ahmadinejad under fire from parliament speaker

Hard-line Iranian President Mahmoud Ahmadinejad has come under fire from parliament speaker Ali Larijani, a fellow conservative who stood against him when he was first elected in 2005. Larijani criticised the government's expansionist economic policy and
Published 10 Jul, 2010 12:00am
Philippine farmers to get rice production tips via text message

Philippine farmers to get rice production tips via text message

Farmers in the Philippines could soon get tips on how to boost their rice production through mobile phone text messages, a research organisation said Friday. The International Rice Research Institute said it was working with the Philippines' Agriculture D
Published 10 Jul, 2010 12:00am
Half of Americans oppose Obama's immigration lawsuit: poll

Half of Americans oppose Obama's immigration lawsuit: poll

Half of Americans reject President Barack Obama's lawsuit against Arizona's controversial immigration law, with only a third supporting the move, according to a Gallup poll released Friday. With key midterm elections just around the corner in November, th
Published 10 Jul, 2010 12:00am
China seizes more melamine-laced milk in north-west

China seizes more melamine-laced milk in north-west

Food inspectors in north-western China have seized 76 tons of milk products laced with an industrial chemical, state media said Friday, continuing a two-year scandal over tainted milk that is believed to have sickened tens of thousands of infants.
Published 10 Jul, 2010 12:00am
Riots break out in Oakland after police shooting verdict

Riots break out in Oakland after police shooting verdict

Police clashed with protesters who looted businesses and smashed windows in Oakland, California after a white policeman was convicted on a lesser charge of killing an unarmed black man. Several hundred people initially gathered peacefully Thursday in down
Published 10 Jul, 2010 12:00am
West uses social networking to subvert China

West uses social networking to subvert China

Social networking sites like Facebook pose a security threat to China and are used as "tools of subversion" by Western nations including the US, a top Chinese think tank said in a report this week. Ethnic riots in China's western-most Xinjiang region last
Published 10 Jul, 2010 12:00am
UK antiques dealer faces jail over Shakespeare folio

UK antiques dealer faces jail over Shakespeare folio

An unemployed British antiques dealer with a taste for the high life faces jail after he was convicted on Friday of handling a stolen copy of a rare first collection of Shakespeare's plays. Raymond Scott, 53, who drove a yellow Ferrari and posed as an int
Published 10 Jul, 2010 12:00am
15 killed in monsoon-driven floods in India

15 killed in monsoon-driven floods in India

At least 15 people were killed in monsoon-driven floods in India's northern states of Punjab and Haryana with rivers breaching their embankments and inundating large swathes of land, news reports said Friday. The deaths by drowning and electrocution occur
Published 10 Jul, 2010 12:00am
UAE orders fatwa on vuvuzelas

UAE orders fatwa on vuvuzelas

An Islamic edict in the United Arab Emirates has decreed that vuvuzela trumpets that blare above 100 decibels are religiously forbidden, a local daily reported on Friday. "If they are loud enough to damage hearing, vuvuzelas are haram," or forbidden, The
Published 10 Jul, 2010 12:00am
Italian journalists strike

Italian journalists strike

Most newspapers in Italy failed to appear Friday while television and radio newscasts remained silent as journalists and editors staged a strike to protest government legislation aimed at restricting the use by investigators of wire-tapping and other eave
Published 10 Jul, 2010 12:00am
Lebanon and Israel tensions grow over gas find

Lebanon and Israel tensions grow over gas find

Israeli plans to drill for gas in the Mediterranean sea have alarmed Lebanon, which says it also has major gas reserves but may lose out because it lags behind in exploration and the hostile neighbours have no sea border. Lebanon has said it would "use al
Published 10 Jul, 2010 12:00am
Gaddafi's son to sail on Libyan aid ship to Gaza

Gaddafi's son to sail on Libyan aid ship to Gaza

A ship loaded with food and medicine commissioned by Libyan leader Muammar Gaddafi will set sail for Gaza from a Greek port on Friday, with officials saying one of the Libyan leaders' sons will be on board the vessel. The Moldavian-flagged, Greek-owned ca
Published 10 Jul, 2010 12:00am
EU, nine nations warn Sri Lanka over protest

EU, nine nations warn Sri Lanka over protest

Nine nations and the European Union on Friday warned Sri Lanka its handling of a protest led by a cabinet minister against a UN war crimes panel could threaten its international standing. On the fourth day of the sit-in at the doorstep of the UN compound,
Published 10 Jul, 2010 12:00am
US mulls response after court refuses drilling stay

US mulls response after court refuses drilling stay

The Obama administration scrambled on Friday to respond to a court's refusal to reinstate a ban on deepwater drilling imposed after BP Plc's massive oil spill, while insisting the ruling was not a major setback for the policy. The Interior Department said
Published 10 Jul, 2010 12:00am
UK photographer wins UN refugee award

UK photographer wins UN refugee award

British photographer Alixandra Fazzina has won this year's Nansen Refugee Award, the United Nations announced Friday. "Fazzina was chosen for her tireless dedication to uncovering and portraying the overlooked human consequences of war," the UN Refugee Ag
Published 10 Jul, 2010 12:00am
Britain removes ambassador's blog praising cleric Fadlallah

Britain removes ambassador's blog praising cleric Fadlallah

The British government said Friday it has taken down a blog posting by its ambassador to Lebanon praising late Shia cleric Mohammed Hussein Fadlallah, saying her views clashed with official policy. Ambassador Frances Guy wrote an obituary to Grand Ayatoll
Published 10 Jul, 2010 12:00am
Balkans nations consider joint engagement in Afghanistan

Balkans nations consider joint engagement in Afghanistan

Bosnia, Croatia and Montenegro are considering a joint engagement with the Nato-led forces in Afghanistan, Croat Foreign Minister Gordan Jandrokovic said here on Friday. Foreign ministers of Albania, Bosnia-Hercegovina, Croatia, Macedonia and Montenegro "
Published 10 Jul, 2010 12:00am
Germany aims to begin Afghan handover in 2011

Germany aims to begin Afghan handover in 2011

Germany aims to hand over responsibility for security to Afghan forces in at least one of the country's northern provinces next year, Foreign Minister Guido Westerwelle said on Friday. Speaking ahead of a conference in Kabul on July 20, Westerwelle said i
Published 10 Jul, 2010 12:00am
UNSC condemns attack on South Korean ship

UNSC condemns attack on South Korean ship

The UN Security Council condemned on Friday what it called an attack leading to the sinking of a South Korean ship in March, but in a concession to China stopped short of explicitly blaming North Korea. In a statement agreed to by all its 15 members, the
Published 10 Jul, 2010 12:00am
English language schools win visa reprieve

English language schools win visa reprieve

English language schools have won a High Court battle against tighter visa regulations for foreign students introduced by the Labour government to clamp down on illegal immigration. English UK, which represents 440 schools and colleges across Britain, bel
Published 10 Jul, 2010 12:00am
Big warehouse blaze at UK's Heathrow, flights normal

Big warehouse blaze at UK's Heathrow, flights normal

A fire engulfed a warehouse used by Emirates Airline at Heathrow Airport outside London on Friday, a fire brigade spokesman said, but flights from the busy British international air hub were not affected. "A significant part of the building is alight," th
Published 10 Jul, 2010 12:00am
Google gets nod from China to keep search page

Google gets nod from China to keep search page

Google Inc has been given the green light by Beijing to continue operating its Chinese search page, averting a potential shutdown of its flagship search site in the worrld's biggest Internet market Google said last week that it would stop automatically re
Published 10 Jul, 2010 12:00am
New York cotton up and may push higher next week

New York cotton up and may push higher next week

Cotton futures ended higher Friday on trade and investor buying as the market seems to have shrugged off for now a bearish government crop report, brokers said. The key December cotton contract rose 1.00 cent to close at 74.99 cents per lb, trading from 7
Published 10 Jul, 2010 12:00am
US copper up

US copper up

US copper futures ended a shade higher on Thursday, after hitting their highest levels in over a week, as momentum faded near a key trend line and investors dissected the latest round of macro-economic data. Copper for September delivery eked out a 0.05 c
Published 10 Jul, 2010 12:00am
Shanghai copper soars

Shanghai copper soars

Copper rose 1.7 percent in London and 1 percent in Shanghai on Friday, supported by a rise in Asian stocks for a second day and hopes for strong Chinese imports and a positive US earnings season. Shanghai's benchmark third month copper climbed 510 yuan to
Published 10 Jul, 2010 12:00am
Copper rises two percent

Copper rises two percent

Copper rose some 2 percent on Friday as demand prospects brightened, with analysts anticipating robust imports data from China and after upbeat US data and more positive comments from the European Central Bank. Benchmark copper for three-months delivery o
Published 10 Jul, 2010 12:00am
Tokyo rubber futures fall

Tokyo rubber futures fall

Tokyo rubber futures snapped a three-day rising streak on Friday, with investors taking profits in the benchmark contract ahead of strong resistance at around 280 yen per kg. The key Tokyo Commodity Exchange rubber contract for December delivery reversed
Published 10 Jul, 2010 12:00am
New York sugar rises

New York sugar rises

Sugar futures were buoyed Thursday by perkier consumer demand, but coffee and cocoa appear to be consolidating, analysts said. The sugar trade was looking toward a Thai tender in the third week of July to buy 100,000 tonnes of white sugar, and a huge vess
Published 10 Jul, 2010 12:00am
Malaysian palm oil up

Malaysian palm oil up

Malaysian crude palm oil settled up 0.48 percent Friday on gains crude oil and grains markets with players expect gains to continue next week, traders said. The benchmark September contract on Bursa Malaysia's Derivatives Exchange ended up 11 ringit to 2,
Published 10 Jul, 2010 12:00am
US soyabeans rally

US soyabeans rally

US soyabean futures on the Chicago Board of Trade rallied on Thursday, posting the highest spot price in six months on firm cash supplies and fresh sales to China, traders said. Back months lifted by fund buying amid weather concerns in Europe and China,
Published 10 Jul, 2010 12:00am
London sugar near four-month high

London sugar near four-month high

Sugar futures rose on Friday with Liffe whites hitting a four-month peak, boosted by a Thai tender to buy 100,000 tonnes and the temporary shutdown of Brazil's No 2 port Paranagua. Liffe August white sugar eased back from a new four-month high of $623.50
Published 10 Jul, 2010 12:00am
Oil tops $76 a barrel, posts weekly gain

Oil tops $76 a barrel, posts weekly gain

Oil prices topped $76 per barrel on Friday on demand optimism, posting the biggest weekly increase since late May after a choppy low volume trading session. US crude for August settled up 65 cents or 0.86 percent to $76.09 per barrel in a volatile session
Published 10 Jul, 2010 12:00am
US gold ends down

US gold ends down

US gold futures held at lower levels into the close on Thursday, after a quick bout of selling around midday hit prices, and analysts said investors became more willing to take on risk with equities and bond yields both climbing higher. August COMEX gold
Published 10 Jul, 2010 12:00am
Gold regains strength in Asia

Gold regains strength in Asia

Gold edged up to near $1,200 an ounce on Friday as bargain buying helped offset selling from speculators, who had shifted some of their money to equities on hopes of an economic recovery. Dealers saw purchases from jewellers and other physical buyers acro
Published 10 Jul, 2010 12:00am
Gold soars in Europe

Gold soars in Europe

Gold rose 1.5 percent to above $1,210 an ounce on Friday, alongside other commodities such as copper and oil, while underlying cautiousness in the market continued to boost its safe-haven appeal. Traders said some short-covering and momentum buying after
Published 10 Jul, 2010 12:00am
US MIDDAY: coffee and sugar up

US MIDDAY: coffee and sugar up

Arabica coffee futures gained more than 2 percent early on Friday, while raw sugar also climbed and US cocoa was little changed. Arabica coffee jumped but remained below the recent 12-year high of $1.7650, basis September. September arabica futures on ICE
Published 10 Jul, 2010 12:00am
US MIDDAY: soya rises

US MIDDAY: soya rises

CBOT July soya futures were up 13-1/2 cents per bushel at $10.26 early on Friday on firm cash markets, big export sales of US soy and no deliveries on the July contract, traders said. September corn unchanged at $3.85-1/2 per bushel.
Published 10 Jul, 2010 12:00am
US MIDDAY: wheat falls

US MIDDAY: wheat falls

Wheat futures fell in early trading at the Chicago Board of Trade on Friday after bigger-than-expected ending stocks and production data from the US Agriculture Department sparked a wave of profit taking, traders said. Wheat futures also weakened at the K
Published 10 Jul, 2010 12:00am
US MIDDAY: copper rises

US MIDDAY: copper rises

US copper futures edged higher at the open on Friday as prices continued to consolidate near $3.00 per lb and sentiment improved in front of a weekend release of Chinese June import figures. Copper for September delivery up 3.00 cents at $3.0455 per lb by
Published 10 Jul, 2010 12:00am
US MIDDAY: gold rallies

US MIDDAY: gold rallies

US gold futures rallied above the newly-defined $1,200 an ounce fluctuation point early on Friday, with a few buyers able to push the yellow metal up, but sellers seen limiting the rise to $1,210 an ounce. August COMEX gold futures firmed $12.10 to $1,208
Published 10 Jul, 2010 12:00am
PQATI restructured under trade ordinance

PQATI restructured under trade ordinance

Port Qasim Association of Trade and Industry (PQATI) has been restructured to become Bin Qasim Association of Trade and Industry under the Trade Organisations Ordinance 2007 issued by Directorate of Trade Organisations, Ministry of Commerce. Bin Qasim tow
Published 10 Jul, 2010 12:00am
Darra Adam Khel area: seven development schemes completed successfully

Darra Adam Khel area: seven development schemes completed successfully

Governor's Fata Secretariat has successfully completed seven development schemes of health, education, drinking water and streets pavement in Darra Adam Khel area of FR Kohat for providing better health and education facilities to the people and improving
Published 10 Jul, 2010 12:00am
SSGC initiates Rs 25 billion programme for controlling UFG

SSGC initiates Rs 25 billion programme for controlling UFG

Sui Southern Gas Company (SSGC) has formally initiated Rs 25 billion five year programme for controlling the company's unaccounted for gas (UFG) or line losses. The World Bank will provide funding of $115 million for this project, out of which $105 millio
Published 10 Jul, 2010 12:00am
Punjab chief minister to visit RYK today

Punjab chief minister to visit RYK today

Punjab Chief Minister Mohammad Shahbaz Sharif would arrive here on a daylong visit on Saturday (today). Mahmood-ul-Hassan, PML-N leader said this while talking to APP here on Friday.
Published 10 Jul, 2010 12:00am
PGJDC's 11th Gem Bazaar begins today

PGJDC's 11th Gem Bazaar begins today

Pakistan Gems and Jewellery Development Company (PGJDC) will organise 11th Gem Bazaar in Peshawar at its Gem Exchange, Namak Mandi, Peshawar on Friday (today) and Saturday. It's the 11th Gem Bazaar in Peshawar, which shows PGJDC's commitment for consisten
Published 10 Jul, 2010 12:00am
Pakistan mulling using land-route for export to Russia

Pakistan mulling using land-route for export to Russia

Pakistan, for the first time, is considering using the land route via China, Kyrgyzstan and Kazakhstan, made under the quadrilateral agreement, for export to Russia. The route made to link the four countries through an agreement was being considered as an
Published 10 Jul, 2010 12:00am
Inflation, violence cripple Karachi trade activities

Inflation, violence cripple Karachi trade activities

Inflation, soaring cost of doing business and tactical violence have crippled trade activities in the markets, forcing considerable part of established businesses to a permanent closure, traders said. Frustration was apparent on the face of Abdullah, an e
Published 10 Jul, 2010 12:00am
TEXWORLD USA fair: Textile manufacturers' team to leave for New York

TEXWORLD USA fair: Textile manufacturers' team to leave for New York

Federal Advisor on Textile, Dr Mirza Ikhtiar Baig will be heading a delegation of leading textile manufacturers and exporters of value added textile to TEXWORLD USA to he held at Javitrs Cener , New York from July 13-16,2010. Dr Baig said that TEXWORLD US
Published 10 Jul, 2010 12:00am
Pakistan and Mozambique businessmen urged to boost bilateral trade

Pakistan and Mozambique businessmen urged to boost bilateral trade

Honourary Consul General of Mozambique, Khalid Tawab has urged the business communities of Pakistan and Mozambique to boost bilateral trade in the fields of energy, garments and human resource development. Talking to newsmen on Friday, he emphasised that
Published 10 Jul, 2010 12:00am
Shortage of water in Sindh: cotton, rice crops cultivation slumps

Shortage of water in Sindh: cotton, rice crops cultivation slumps

Sindh has witnessed a slump of at least 11 and 23 percent respectively in the cultivation of cotton and rice crops due to an acute shortage of irrigation water during the Kharif season of 2010-11. This was noted with concern by a high level meeting held a
Published 10 Jul, 2010 12:00am
Vice-presidents of ICAP attend IAASB meeting in Germany

Vice-presidents of ICAP attend IAASB meeting in Germany

Abdullah Yousuf and Pervez Muslim, Vice presidents of the Institute of Chartered Accountants of Pakistan (ICAP) attended the meeting of International Auditing and Assurance Standards Board held in Germany recently, in their capacity as Member and Technica
Published 10 Jul, 2010 12:00am
Hinopak aggressively contending for export markets

Hinopak aggressively contending for export markets

Hinopak has established itself as the market leader and is now aggressively contending for export markets. The quest for excellence is evidenced by the fact that Hinopak has been chosen as a hub by its principal Hino Motors Ltd, Japan for manufacturing Hi
Published 10 Jul, 2010 12:00am
Atlas Asset Management announces annual payouts

Atlas Asset Management announces annual payouts

The Board of Directors of Atlas Asset Management Limited, an Atlas Group Company, approved the final distribution of bonus for the financial year ended June 30, 2010 for its Atlas Money Market and (AMF), Atlas Income Fund (AIF), Atlas Islamic Income Fund
Published 10 Jul, 2010 12:00am
Atlas Asset Management announces annual payouts

Atlas Asset Management announces annual payouts

The Board of Directors of Atlas Asset Management Limited, an Atlas Group Company, approved the final distribution of bonus for the financial year ended June 30, 2010 for its Atlas Money Market and (AMF), Atlas Income Fund (AIF), Atlas Islamic Income Fund
Published 10 Jul, 2010 12:00am
E-filing to be made optional

E-filing to be made optional

There is a lot of logic and sense in the attached letter from A.B. Shahid, which appeared in your letters columns on 17th June 2010 under the caption "FBR must mend its ways." Now even the World Bank has indicated to the SECP that e-filing of tax returns
Published 10 Jul, 2010 12:00am
Asif Zardari's self-projection

Asif Zardari's self-projection

His coteries call him a 'visionary'. May be, he is; may be, he isn't. History will be the judge of that. All we know is that recently, the uproarious Zardari has been pouring out his scholastic wisdom and comparing it with ZAB's. In spirituality, he decla
Published 10 Jul, 2010 12:00am
Red-headed glamour suspect gilds Russian spy tale

Red-headed glamour suspect gilds Russian spy tale

Even without the shapely "Stalingrad stunner," the tale of suspected Russian spies leading mundane US suburban lives was bound to make for compelling summer reading. But Anna Chapman, 28, the Russian divorcee who kept the name of her British ex-husband, h
Published 10 Jul, 2010 12:00am
WTO regime: Challenges, opportunities and options

WTO regime: Challenges, opportunities and options

It is the era of competition and technological advancements. Globalisation has become a reality in the world. Agricultural commodities and industrial products are being traded in a state of stiff competition. World Trade Organisation (WTO) is regulating t
Published 10 Jul, 2010 12:00am
Predictably irrational?

Predictably irrational?

There can be scant respect for what is routine and routinely done. There can be no satisfaction in that kind of work. Why should population be rational and reason out things as if that is the last word and the last action. Predictable bowlers in cricket g
Published 10 Jul, 2010 12:00am
The killing fields of Kashmir

The killing fields of Kashmir

Come summer and India's trigger-happy Central Reserve Police Force (CRPF) lets loose a reign of terror in the occupied Kashmir. So this summer too, it is on a killing spree in the Kashmir valley, as over the three weeks it has murdered no less than two do
Published 10 Jul, 2010 12:00am
Punjab Assembly: Barking up the wrong tree

Punjab Assembly: Barking up the wrong tree

The Punjab assembly in its wisdom that is surely not recondite, abstruse and profound has unanimously passed a resolution assailing the media and accusing it of endeavouring to derail the democratic process and undermining democratic institutions.
Published 10 Jul, 2010 12:00am
ADB to provide $500 million for PCIIP

ADB to provide $500 million for PCIIP

Asian Development Bank (ADB) will provide $500 million for Punjab Cities Improvement Investment Programme (PCIIP) to improve urban environment and public health for an estimated four million residents in larger intermediate cities of Punjab Province.
Published 10 Jul, 2010 12:00am
Signing of MoUs by Pakistan and China hailed

Signing of MoUs by Pakistan and China hailed

President Sialkot Chamber of Commerce and Industry (SCCI) Mohammad Ishaq Butt hailed recently signed two contracts and four MOUs between Pakistan and China and said the move would strengthen relations between both the countries. Talking to reporters on Fr
Published 10 Jul, 2010 12:00am
Gilani urged to convene businessmen conference

Gilani urged to convene businessmen conference

Pakistan Industrial and Traders Associations Front (PIAF) has urged Prime Minister Yousaf Raza Gilani to convene a Businessmen Conference for a result-oriented discussion on the challenges being faced by the economy. The PIAF Parliamentary Committee deman
Published 10 Jul, 2010 12:00am
Seth Mohammed Akbar elected PCF chairman

Seth Mohammed Akbar elected PCF chairman

Pakistan Cotton Forum (PCF), a joint platform of Farmers Associates Pakistan (FAP), Pakistan Cotton Ginners Association (PCGA), Karachi Cotton Association (KCA) and All Pakistan Textile Mills Association (Aptma) elected unanimously Seth Mohammed Akbar and
Published 10 Jul, 2010 12:00am
Indus Delta starts receiving water from Indus River

Indus Delta starts receiving water from Indus River

Sindh Irrigation department released 1,000 cusecs fresh water downstream Kotri Barrage into the Indus Delta after ten months on Friday as water inflow in river Indus at Guddu, Sukkur and Kotri Barrages has considerably increased. The water inflow at Guddu
Published 10 Jul, 2010 12:00am
FAP urges government to continue releasing water to CJ Link Canal

FAP urges government to continue releasing water to CJ Link Canal

Farmers Associates of Pakistan (FAP) has urged federal government to continue releasing water to Chashma-Jhelum Link Canal from Indus River. This demand was made by the FAP Vice-Chairman Hussain Jehanian Gardezi, while addressing press conference at the L
Published 10 Jul, 2010 12:00am
US urged to support Pakistan for achieving economic prosperity

US urged to support Pakistan for achieving economic prosperity

Vice President SAARC Chamber of Commerce and Industry and the Founder Chairman Pak-US Business Council, Iftikhar Ali Malik has urged the US to support Pakistan to achieve economic prosperity and self reliance. He was addressing a farewell gathering organi
Published 10 Jul, 2010 12:00am
Affiliation of AJK medical college with UHS requested

Affiliation of AJK medical college with UHS requested

The Government of Azad Jammu & Kashmir (AJK) has formally requested the Punjab government to allow affiliation of first public sector medical college of AJK, being established in Muzaffarabad, with University of Health Sciences (UHS) Lahore. In a letter w
Published 10 Jul, 2010 12:00am
Fake degrees of minister: LHC adjourns hearing of petition to July 23

Fake degrees of minister: LHC adjourns hearing of petition to July 23

An election tribunal headed by a judge of the Lahore High Court (LHC) here on Friday adjourned the hearing of a petition to July 23, challenging degrees of Provincial minister Chaudhry Abdul Ghafoor. The minister filed a civil miscellaneous application sa
Published 10 Jul, 2010 12:00am
Facebook owners: application filed in LHC for desealing of FIR

Facebook owners: application filed in LHC for desealing of FIR

An application has been filed before the Lahore High Court (LHC) praying desealing of FIR against Facebook owners and their arrests through Interpol. Applicant Advocate Muhammad Azhar Siddique prayed to the court to issue directions for the Pakistan Telec
Published 10 Jul, 2010 12:00am
Khosa for transparent distribution of zakat funds

Khosa for transparent distribution of zakat funds

Senior Advisor to Chief Minister Punjab, Sardar Zulfiqar Ali Khan Khosa has directed the officials of Zakat & Usher and Law Departments to prepare a comprehensive strategy for the formulation of powers and duties of the Zakat & Usher. He also directed to
Published 10 Jul, 2010 12:00am
Flour millers' strike against levy of tax continues

Flour millers' strike against levy of tax continues

The countrywide strike of flour industry against unlawful restrictions and levy of illegal tax on movement of wheat and flour from Punjab to Sindh and Balochistan and Afghanistan continues the second day (Friday). Talking to Business Recorder, Chairman, P
Published 10 Jul, 2010 12:00am
'Free media, independent judiciary legacy of Mohtarma Fatima Jinnah'

'Free media, independent judiciary legacy of Mohtarma Fatima Jinnah'

Pakistan Muslim League (PML-Q) Secretary General Mushahid Hussain Sayed on Friday said free media and independent judiciary were the legacy of Madr-e-Millat Mohtarma Fatima Jinnah who throughout her life fought for democracy in Pakistan. Addressing the pa
Published 10 Jul, 2010 12:00am
NH&MP directs officers to be polite in dealing with violators

NH&MP directs officers to be polite in dealing with violators

Inspector General National Highways & Motorway Police, Dr Wasim Kauser has directed the patrolling officers of motorway police to present highly sophisticated behaviour and graciousness with the violators and execute their duties with keenness and allegia
Published 10 Jul, 2010 12:00am
CCP conducts search, inspection of PJMA head office

CCP conducts search, inspection of PJMA head office

The Compe-tition Commission of Pakistan, (CCP) conducted search and inspection of the head office of the Pakistan Jute Mills Association (PJMA) in Lahore on July 8, 2010, pursuant to Section 34 of the Competition Ordinance.
Published 10 Jul, 2010 12:00am
Registration of fraud case: LHC disposes of petition

Registration of fraud case: LHC disposes of petition

The Lahore High Court (LHC) here Friday disposed of a petition seeking registration of fraud case against a former MNA of PPP from NA-184, Bahawalpur, Amir Yar Waran, who had resigned owing to fake degree. The petition was filed by Muhammad Arshad Pirzada
Published 10 Jul, 2010 12:00am
CJP expresses displeasure over Punjab police performance

CJP expresses displeasure over Punjab police performance

Expressing displeasure over failure of Punjab police to recover missing children, Chief Justice Iftikhar Chaudhry on Friday observed that we like those people who obey courts order and dislike who defy them. The crimes rate was on the rise as (you) police
Published 10 Jul, 2010 12:00am
The Weather

The Weather

The weather report on Friday (July 09, 2010) and the forecast for Saturday (July 10, 2010).

Published 10 Jul, 2010 12:00am
Payment date for housing scheme allottees extended

Payment date for housing scheme allottees extended

Chief Secretary Punjab and Chairman Punjab Government Servants Housing Foundation, Nasir Mehmood Khosa has extended three months in the payment period for the houses allottees in residential scheme Mohlanwall. The allottees are retired government servants
Published 10 Jul, 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 10 Jul, 2010 12:00am
Karachi University extends admission date

Karachi University extends admission date

The University of Karachi has extended the fee submission date for its evening programme. This was announced by the Director of Evening Programme, University of Karachi, Professor Dr M. Abuzar Wajidi. He stated that the date for depositing admission fee w
Published 10 Jul, 2010 12:00am
JSQM observes strike to protest over water shortage

JSQM observes strike to protest over water shortage

On the call of central leadership of Jeay Sindh Qaumi Mahaz (JSQM) a shutter down strike was observed here on Friday in protest of water shortage crisis, the opening of Chashma Jhelum Canal and illegal and unconstitutional demonstration over Indus Water b
Published 10 Jul, 2010 12:00am
Previous Day