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Print - 2010-07-14
Change of faulty electric power meter

Change of faulty electric power meter

I am a consumer of the KESC with account number 1102638090024 and LA number 032483. The electricity meter, which is installed at my residence, is a faulty black meter and is not giving proper reading. In order to get my meter replaced, I had written thric
Published 14 Jul, 2010 12:00am
Human sacrifice and a mystery: Teotihuacan comes to Berlin

Human sacrifice and a mystery: Teotihuacan comes to Berlin

The abandoned city of Teotihuacan has fascinated Mexicans and archaeologists alike for centuries - but the majority of its treasures have only come to light recently and are now on show for the first time in Europe. Teotihuacan, founded in around 200 BC,
Published 14 Jul, 2010 12:00am
Good Morning: We men live in a city without walls

Good Morning: We men live in a city without walls

I received the news of the death of 37-year-old mild mannered Tariq Javed on a cloudy Sunday (11th July) morning, a few minutes before 8 am, and even though I hesitate to write about it, I must overcome this reluctance. I saw Tariq Javed's number on my ce
Published 14 Jul, 2010 12:00am
A mini-revolt in PML-N

A mini-revolt in PML-N

A mini-revolt is in the offing in PML-N. What is happening is quite natural. It is not possible for long to profess high moral principles while continuing to practice realpolitik. Nawaz and Opposition leader in National Assembly Chaudhry Nisar had miscalc
Published 14 Jul, 2010 12:00am
The unwanted and undesirable clash

The unwanted and undesirable clash

To the ordinary people of Pakistan, the members of the bench and bar stand out as role models. Judges in their black robes and lawyers, in their black coats, stir hope and inspire confidence that with so much lost, we, as a people and a nation, are still
Published 14 Jul, 2010 12:00am
Record remittances

Record remittances

Remittances received from overseas Pakistanis during 2009-10 have surpassed even the most optimistic assumptions. According to the latest data released by the State Bank, the country received a record level of remittances, amounting to $8.906 billion, dur
Published 14 Jul, 2010 12:00am
ICAP holds workshop

ICAP holds workshop

Keeping in view the increasing emphasis on soft skills, Directorate of Education & Training, Institute of Chartered Accountants of Pakistan (ICAP) conducted a workshop for students of Module F; Working in Small and Medium Practising Firms (SMP), at the IC
Published 14 Jul, 2010 12:00am
Pesco reduces line losses by two percent

Pesco reduces line losses by two percent

Deputy General Manager, Finance, Peshawar Electricity Supply Company (Pesco), Anwar-ul-Haq Yusufzai has said that with continued pursuance and team work the company has achieved the remarkable goals in shape of reducing two percent line losses and bringin
Published 14 Jul, 2010 12:00am
SECP registers 3,027 companies during fiscal year 2010

SECP registers 3,027 companies during fiscal year 2010

The Securities and Exchange Commission of Pakistan (SECP) registered 3,027 companies during the financial year 2009-10, under the Companies Ordinance 1984. Of these, 324 companies were registered during June 2010. By the end of the financial year, the tot
Published 14 Jul, 2010 12:00am
Samsung launches new compact digital cameras

Samsung launches new compact digital cameras

Samsung has extended its popular ES-Series of digital cameras with introduction of the ES70 and ES65. These two stylish, easy-to-use compact digital cameras offer consumers an impressive range of advanced features all at an affordable price. General Manag
Published 14 Jul, 2010 12:00am
Subscriber base of WiMax, EvDO shows 73 percent growth

Subscriber base of WiMax, EvDO shows 73 percent growth

The subscriber base of WiMax and EvDO services of WLL sector has shown 73 percent growth in last 6 months while the subscriber base has jumped from 190,947 in October 2009 to 331,416 in April 2010 according to the data compiled by Pakistan Telecommunicati
Published 14 Jul, 2010 12:00am
DCO's services for city district government lauded

DCO's services for city district government lauded

The City District Government hosted a farewell party in honour of DCO Faisalabad Saeed Wahlah who has been recently transferred to the Lahore as a Director General Mineral Development Dept.
Published 14 Jul, 2010 12:00am
ACE gets four days remand of Leghari

ACE gets four days remand of Leghari

The Civil Judge and Judicial Magistrate No-12 Irshad Hussain on Tuesday granted four days police remand of Farooq Leghari, an officer in Grade-19 to Anti-Corruption Establishment Hyderabad. He was arrested on Monday on charge of misappropriation of funds.
Published 14 Jul, 2010 12:00am
LHC issues notice to Punjab government

LHC issues notice to Punjab government

The Lahore High Court (LHC) here on Tuesday issued notice to Punjab government in a petition challenging cancellation of a contract of collecting "tax on immovable property" awarded by district government to a contractor. The petitioner Abdul Qayum throug
Published 14 Jul, 2010 12:00am
'Martyrs Day': call for halting Indian atrocities in held Kashmir

'Martyrs Day': call for halting Indian atrocities in held Kashmir

"Kashmir Martyrs Day" was observed throughout Sialkot and Narowal districts by refugees belonging to occupied Jammu and Kashmir, on Tuesday. The daylong programmes started with special prayers for the solidarity, unity and prosperity of the country as wel
Published 14 Jul, 2010 12:00am
Wasa requires Rs 42 billion to revamp sewerage system: MD

Wasa requires Rs 42 billion to revamp sewerage system: MD

Water and Sanitation Agency (Wasa) Managing Director Dr Javed Iqbal has said the agency requires Rs 42 billion for revamping the city's pre-partition sewerage system. He expressed these views while addressing a press conference, here on Tuesday. He said a
Published 14 Jul, 2010 12:00am
PRGMEA chief for locating textile industry in low wage areas

PRGMEA chief for locating textile industry in low wage areas

Chairman Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) Mohsin Ayub Mirza has said that rural wages should be 35 percent less than urban areas to encourage investors to invest in low production cost locales. Talking to Business
Published 14 Jul, 2010 12:00am
PML-Q MPA's degree challenged

PML-Q MPA's degree challenged

A petition has been filed before the Lahore High Court (LHC) challenging academic degree of PML-Q MPA Khalid Mehmood Sargana, from PP-78, Jhang. A voter from the same constituency namely Muhammad Anwar filed petition alleging that the respondent MPA posse
Published 14 Jul, 2010 12:00am
Punjab Youth Employment Fund to be set up: minister

Punjab Youth Employment Fund to be set up: minister

Provincial Minister for Revenue and Relief Haji Muhammad Ishaq has said that Punjab Government is working on war footing basis to eradicate unemployment from the province. He said that unemployment has been become serious problem for the society and badly
Published 14 Jul, 2010 12:00am
Pakistan trade project: MCCI assures USAID of cooperation

Pakistan trade project: MCCI assures USAID of cooperation

Malik Asrar Ahmed Awan, President of Multan Chamber of Commerce & Industry (MCCI) has assured USAID that MCCI would extend co-operation for carrying out Pakistan trade project, aimed at facilitating local exporters & importers. Exchanging views with USAID
Published 14 Jul, 2010 12:00am
Pildat demands placing legislators' declarations on ECP website

Pildat demands placing legislators' declarations on ECP website

Pakistan Institute of Legislative Development and Transparency-Pildat has demanded of the Election Commission of Pakistan to place on its website all the declarations submitted by each Senator and Member of the National Assembly and the Provincial Assembl
Published 14 Jul, 2010 12:00am
Financial assistance for ailing children announced

Financial assistance for ailing children announced

Special Assistant to CM Punjab Mansha Ullah Butt Tuesday handed over cheque of Rs 0.5 million to the head of affected family of skin cancer disease at Chak No 7 Shahzad Town, Sargodha road. District Co-ordinator for Health Sh Ejaz Ahmad and officers of lo
Published 14 Jul, 2010 12:00am
PML-N MPA's degree: Election tribunal calls report from HEC

PML-N MPA's degree: Election tribunal calls report from HEC

An election tribunal headed by a judge of the Lahore High Court (LHC) called report by August 02, from higher education commission (HEC) about the qualification of PML-N MPA, Ghulam Nizam-ud-Din Sialvi. The tribunal issued the directions, while hearing an
Published 14 Jul, 2010 12:00am
CEC asks MPs to submit yearly statements of assets, liabilities

CEC asks MPs to submit yearly statements of assets, liabilities

Chief Election Commissioner, former Justice Hamid Ali Mirza has reminded the members of the Parliament and the provincial assemblies to submit their yearly statements of assets and liabilities to the Commission by September 30. This is a mandatory require
Published 14 Jul, 2010 12:00am
Indian water aggression: PMKM meeting on August 10 to devise strategy

Indian water aggression: PMKM meeting on August 10 to devise strategy

Pakistan Muttahida Kisan Mahaz (PMKM) has announced to convene a conference of growers from across the country on August 10, 2010 to devise a joint strategy for pressing the government to take effective steps for stopping Indian water aggression.
Published 14 Jul, 2010 12:00am
Top investment groups show interest in privatisation programmes

Top investment groups show interest in privatisation programmes

The World's top investment and financial groups, including HSBC, NOMURA UK and London Stock Exchange, have showed keen interest in the current plans of Pakistan's Privatisation Commission for the issuance of Equity Linked Instruments ie Convertible and Ex
Published 14 Jul, 2010 12:00am
Babar asks Punjab government to arrest Rana Maqbool

Babar asks Punjab government to arrest Rana Maqbool

Minister for Law and Justice, Babar Awan on Tuesday asked the Punjab government to immediately arrest Rana Maqbool, Secretary Prosecution Punjab and hand him over to Sindh government for trial. In a press conference, Minister for Law and Justice claimed t
Published 14 Jul, 2010 12:00am
High fares: strict action against transporters directed

High fares: strict action against transporters directed

District Administrator Tando Muhammad Khan, Ali Ahmad Lund has directed the officers of district revenue department and district transport authority to take strict action against the transporters charging fares higher than those of district government.
Published 14 Jul, 2010 12:00am
New IG Balochistan police assumes charge

New IG Balochistan police assumes charge

Malik Muhammad Iqbal here on Tuesday assumed the charge of his office as new Inspector General of Balochistan Police. Later, he laid a floral wreath at the memorial site of the Shuhada-e- Balochistan Police and paid great homage to the late police personn
Published 14 Jul, 2010 12:00am
First monsoon rains spell boosts Punjab agriculture sector

First monsoon rains spell boosts Punjab agriculture sector

The first spell of monsoon rains has greatly boosted water starved Punjab agriculture sector specially the rice plantation, which was not picking up despite being the prime time, Director General Punjab Agriculture Extension Services, Dr Anjum Ali told <i
Published 14 Jul, 2010 12:00am
Benazir Bhutto monument: LHC adjourns hearing of petition

Benazir Bhutto monument: LHC adjourns hearing of petition

The Lahore High Court (LHC) here on Tuesday adjourned for 3rd week of September the hearing in a petition challenging construction of Benazir Bhutto monument in Rawalpindi or elsewhere with public exchequer, as law officer sought time to file reply.
Published 14 Jul, 2010 12:00am
UVAS, DoF sign MoU

UVAS, DoF sign MoU

A Memorandum of Understanding (MoU) has been inked between University of Veterinary and Animal Sciences (UVAS) and Department of Fisheries (DoF), Government of Punjab, to pursue a programme of research and technical collaboration in the field of fisheries
Published 14 Jul, 2010 12:00am
Speculations about AFP board's dissolution termed baseless

Speculations about AFP board's dissolution termed baseless

President of Mango Growers Association of Pakistan (MGAP) and former Chairman Board of Management Agro Food Processing Facility (AFP) Multan Syed Zahid Hussain Gardezi has said the board of management of AFP was neither dissolved nor held responsible for
Published 14 Jul, 2010 12:00am
No let-up in violence: five more political activists gunned down

No let-up in violence: five more political activists gunned down

At least five more political activists, belonging to various political parties, were killed in the city. The activists belong to Muttahida Qaumi Movement (MQM), Mohajir Qaumi Movement-Haqeqi (MQM-H) and Punjabi Pakhtoon Itehad (PPI). According to reports,
Published 14 Jul, 2010 12:00am
Resolution against media: Piaf criticises Punjab government

Resolution against media: Piaf criticises Punjab government

The Pakistan Industrial Association Traders Front (Piaf) has urged the Punjab Chief Minister to solve the media-related resolution issue, as it is creating uncertainty, which is not a good omen for economy.
Published 14 Jul, 2010 12:00am
Resolution against media challenged in LHC

Resolution against media challenged in LHC

A member of Lahore High Court Bar Association (LHCBA) Masud Gujjar, here on Tuesday filed a petition before Lahore High Court (LHC) challenging the resolution adopted by Punjab Assembly against media. Petitioner stated that it was the duty of media to kee
Published 14 Jul, 2010 12:00am
LSE approves listing, quotation of HBL fund

LSE approves listing, quotation of HBL fund

Lahore Stock Exchange (LSE) has approved the listing and quotation of units of HBL Money Market Fund (open-end fund) managed by HBL Asset Management Limited. The fund will be quoted under "Open-end-Fund" sector of the Ready Board Quotation of LSE with eff
Published 14 Jul, 2010 12:00am
LSE approves listing, quotation of HBL fund

LSE approves listing, quotation of HBL fund

Lahore Stock Exchange (LSE) has approved the listing and quotation of units of HBL Money Market Fund (open-end fund) managed by HBL Asset Management Limited. The fund will be quoted under "Open-end-Fund" sector of the Ready Board Quotation of LSE with eff
Published 14 Jul, 2010 12:00am
DMG officers to observe protest day n July 15

DMG officers to observe protest day n July 15

District Management Group (DMG) Association Punjab will observe a protest day on July 15 to protest against the Provincial Civil Services officers for showing disrespect towards the Punjab Chief Secretary office. According to an Association's spokesman he
Published 14 Jul, 2010 12:00am
The Weather

The Weather

The weather report on Tuesday (July 13, 2010) and the forecast for Wednesday (July 14, 2010).

Published 14 Jul, 2010 12:00am
Jamaat e Islami chief grieved over death of Qazi Abdul Latif

Jamaat e Islami chief grieved over death of Qazi Abdul Latif

The Jamaat e Islami chief, Syed Munawar Hasan, former JI chief, Qazi Husain Ahmed, and other leaders have expressed deep sense of grief over the sad demise of the Qazi Abdul Latif, a central leader of the Jamiat e Ulema e Islam (F).
Published 14 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 14 Jul, 2010 12:00am
Industrialists urged to allow EPA inspectors' visit to units

Industrialists urged to allow EPA inspectors' visit to units

Sindh Minister for Environment and Alternative Energy, Shaikh Muhammad Afzal has warned industrialists to allow inspectors of Environment Protection Agencies (EPA) to visit units and collect effluent otherwise there cases will be referred to tribunal for
Published 14 Jul, 2010 12:00am
Makhdoom summons meeting of MoC, TDAP on July 15

Makhdoom summons meeting of MoC, TDAP on July 15

Federal Minister for Commerce Makhdoom Amin Faheem will mediate between his ministry and Trade Development Authority of Pakistan (TDAP) to resolve the issue of amendment in the Authority's ordinance. The minister has called an urgent meeting of high-ups f
Published 14 Jul, 2010 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 14 Jul, 2010 12:00am
Pacra maintains rating of PCF at 'AAA (f)'

Pacra maintains rating of PCF at 'AAA (f)'

Pakistan Credit Rating Agency (Pacra) has maintained the stability rating 'AAA (f)' (Triple A - fund rating) of Pakistan Cash Management Fund (PCF) which is currently the highest fund rating on the fund stability rating scale for mutual fund.
Published 14 Jul, 2010 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 14 Jul, 2010 12:00am
Pacra maintains rating of PCF at 'AAA (f)'

Pacra maintains rating of PCF at 'AAA (f)'

Pakistan Credit Rating Agency (Pacra) has maintained the stability rating 'AAA (f)' (Triple A - fund rating) of Pakistan Cash Management Fund (PCF) which is currently the highest fund rating on the fund stability rating scale for mutual fund.
Published 14 Jul, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 13, 2010).

Published 14 Jul, 2010 12:00am
Pacra maintains rating of FHM at 'AA+'

Pacra maintains rating of FHM at 'AA+'

Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term ratings of "AA+" (Double A plus) and "A1+" (A One Plus) respectively of First Habib Modaraba (FHM). The ratings denote a very low expectation of credit risk, emanating from
Published 14 Jul, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 13, 2010).

Published 14 Jul, 2010 12:00am
Pacra maintains rating of FHM at 'AA+'

Pacra maintains rating of FHM at 'AA+'

Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term ratings of "AA+" (Double A plus) and "A1+" (A One Plus) respectively of First Habib Modaraba (FHM). The ratings denote a very low expectation of credit risk, emanating from
Published 14 Jul, 2010 12:00am
More Baloch youth joining army

More Baloch youth joining army

Over 3000 Baloch youth (recruits) are getting military training in various training centres of army in Balochistan. Incharge of Baloch Training Wing, Colonel Saeed Baloch said the Baloch youth were being enrolled under relaxed criteria, lowering education
Published 14 Jul, 2010 12:00am
Mumbai attack probe: Rehman cites technical problems

Mumbai attack probe: Rehman cites technical problems

Federal Minister for Interior Rehman Malik on Tuesday said there are some technical problems in the investigation process of Mumbai attack case. Pakistan is in touch with India to address these technical problems hindering the investigation process in Mum
Published 14 Jul, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 13, 2010).

Published 14 Jul, 2010 12:00am
Gilani hopeful of dialogue with US and India

Gilani hopeful of dialogue with US and India

Prime Minister Syed Yusuf Raza Gilani has said that the mechanism of strategic dialogue between Pakistan and US would go a long way in building sustainable, broad-based and long-term relationship between the two countries. He said Pakistan is looking forw
Published 14 Jul, 2010 12:00am
CJCSC calls on President

CJCSC calls on President

Chairman Joint Chiefs of Staff Committee (CJCSC) General Tariq Majeed called on President Asif Ali Zardari at Aiwan-e-Sadr on Tuesday. Matters pertaining to security situation and professional capabilities of the armed forces were discussed, a press relea
Published 14 Jul, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 13, 2010).

Published 14 Jul, 2010 12:00am
Unmanned aerial vehicle crashes

Unmanned aerial vehicle crashes

An Unmanned Aerial Vehicle (UAV) of the Pakistan Air Force, which was on training flight met an accident near Sargodha due to malfunctioning, but there was no life and property loss. A spokesman of PAF said that the UAV was on a training flight when it ma
Published 14 Jul, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 13, 2010).

Published 14 Jul, 2010 12:00am
Transfers, postings

Transfers, postings

SSP Investigation Zulfiqar Hameed has ordered transfer and posting of eight Investigation Incharge including: Inspector Shafique-ur-Rehman from Incharge Investigation Naseerabad to Incharge Investigation Iqbal Town, Inspector Zulfiqar Ali Incharge Investi
Published 14 Jul, 2010 12:00am
Speakers for improved safety measures on runways

Speakers for improved safety measures on runways

Speakers at the international aviation safety seminar on Tuesday called for improved safety measures on the runways to avoid aircraft-wildlife collisions. An available data reveals that between 1912 and 2001, at least 223 people have been killed world-wid
Published 14 Jul, 2010 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

The rupee moved both ways against dollar on the local currency market on Tuesday, dealers said. On the interbank market the rupee inched up with a rise of one paisa in relation to dollar for buying and selling at 85.74 and 85.78, they said.
Published 14 Jul, 2010 12:00am
US defence officials meet CoAS

US defence officials meet CoAS

Michael Vickers, Assistant US Secretary of Defence for Special Operations, Low Intensity Conflict and Admiral Eric T. Olson, Commander, Special Operation Command, USA called on Chief of Army Staff (CoAS) General Ashfaq Parvez Kayani at General Headquarter
Published 14 Jul, 2010 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

The rupee moved both ways against dollar on the local currency market on Tuesday, dealers said. On the interbank market the rupee inched up with a rise of one paisa in relation to dollar for buying and selling at 85.74 and 85.78, they said.
Published 14 Jul, 2010 12:00am
Hajj applications exceed quota

Hajj applications exceed quota

The Ministry of Religious Affairs has received around 81,000 Hajj applications under the government scheme, exceeding the quota of 80,000. "The Ministry is still receiving applications dispatched by the designated bank branches from the far-flung areas of
Published 14 Jul, 2010 12:00am
Hundreds of suspected militants held

Hundreds of suspected militants held

Police in Khyber Pakhtunkhwa said Tuesday they had rounded up more than 650 suspected militants after a major bomb attack last week that left more than 100 dead. The authorities in Khyber Pakhtunkhwa province said a three-day crackdown began following the
Published 14 Jul, 2010 12:00am
Bangladesh rules out renaming of Viqarunnisa Noon School

Bangladesh rules out renaming of Viqarunnisa Noon School

Bangladesh has ruled out changing the name of the famous Viqarunnisa Noon School and College in Dhaka, named after the late wife of the seventh Prime Minister of Pakistan Feroz Khan Noon. The Awami League government has no plan or intention whatsoever to
Published 14 Jul, 2010 12:00am
JPMC: nurse, doctor jump from third floor

JPMC: nurse, doctor jump from third floor

A nurse and a doctor jumped from the third floor of a building of Doctors' Colony of Jinnah Postgraduate Medical Center (JPMC) on Tuesday. Sources said a nursing student of third year jumped from the flat of a doctor. She was rushed to the ICU. A few minu
Published 14 Jul, 2010 12:00am
PML-N presents plan to end loadshedding in Balochistan

PML-N presents plan to end loadshedding in Balochistan

Former Governor Balochistan and the Pakistan Muslim League-N leader General Abdul Qadir Baloch (Retd) on Tuesday presented a plan to resolve issue of power load shedding in Balochistan.
Published 14 Jul, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (July 13, 2010).

Published 14 Jul, 2010 12:00am
Benazir murder: Ban says he stands by UN report

Benazir murder: Ban says he stands by UN report

The United Nations stands by the report produced by its commission, which investigated the 2007 assassination of Mohtarma Benazir Bhutto, Secretary-General Ban Ki-moon said Tuesday in responding to a series of objections raised by the Pakistani government
Published 14 Jul, 2010 12:00am
ST exemptions cost around Rs 100 billion annually: official

ST exemptions cost around Rs 100 billion annually: official

The actual cost of total sales tax exemptions annually is around Rs 100 billion and not Rs 27.409 billion as has been mentioned in the Economic Survey (2009-10), which reflects revenue implications of a few sectors of the national economy.
Published 14 Jul, 2010 12:00am
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