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Print - 2010-07-15
Jailed Tareq Aziz handed over to Iraqis

Jailed Tareq Aziz handed over to Iraqis

Former deputy prime minister Tareq Aziz and 25 other jailed members of Saddam Hussein's former regime were transferred from the US military to Iraqi authorities, a government spokesman said on Wednesday. Ali al-Dabbagh said Aziz was among 26 convicts move
Published 15 Jul, 2010 12:00am
Britain the best place to die

Britain the best place to die

Britain leads the world in the quality of care it provides for the dying, leaving many developed nations lagging a long way behind, according to a study released Wednesday. State support for end-of-life care and an effective network of hospices put Britai
Published 15 Jul, 2010 12:00am
Scores in hospital after Mumbai gas leak

Scores in hospital after Mumbai gas leak

Scores of people were treated in hospital on Wednesday after a chlorine gas leak in an industrial area of India's commercial capital Mumbai, officials said. Four fire-fighters were among about 90 people taken to several hospitals for treatment for breathi
Published 15 Jul, 2010 12:00am
UK names Afghan war veteran as new military chief

UK names Afghan war veteran as new military chief

General David Richards, who has suggested coalition forces in Afghanistan could open talks soon with the Taliban, is to take over as Britain's top military commander, the government said on Wednesday. Richards, 58, will become chief of the defence staff i
Published 15 Jul, 2010 12:00am
China accepts WTO ruling on entertainment goods

China accepts WTO ruling on entertainment goods

China has agreed to open up its market for entertainment goods by March 19 next year in line with a World Trade Organisation ruling, China and the United States said on Wednesday. The United States had challenged China's barriers to imports and distributi
Published 15 Jul, 2010 12:00am
Britain presses China on access for foreign firms

Britain presses China on access for foreign firms

Britain pressed China on Wednesday for better market access for foreign companies, underlining growing worries in the United States and the European Union about the difficulty of operating in the world's third-largest economy.
Published 15 Jul, 2010 12:00am
Seminar on international aviation safety concludes

Seminar on international aviation safety concludes

A two-day seminar on international aviation safety concluded on Wednesday with an emphasis on improving the safety measures taken at the airports for passengers and cargo and also to improve the overall standards of the aviation industry. The seminar was
Published 15 Jul, 2010 12:00am
Harassment at work place: another female nurse victimised by JPMC MLO

Harassment at work place: another female nurse victimised by JPMC MLO

Another female nurse has become victim of sexual harassment at the workplace when a drunken Medico-Legal Officer (MLO) in Jinnah Postgraduate Medical Centre (JPMC), a federally-run healthcare centre, threw an undergraduate nurse from his flat on showing r
Published 15 Jul, 2010 12:00am
PIA clarification

PIA clarification

Pakistan International Airlines (PIA) has strongly condemned few facts quoted in a news item published in newspapers of 14th July 2010. According to the report in a seminar organised by Pakistan Airlines Pilots Association (PALPA) the speaker has been mis
Published 15 Jul, 2010 12:00am
KSE on Margin Trading Committee may submit proposals to SECP next week

KSE on Margin Trading Committee may submit proposals to SECP next week

The Securities and Exchange Commission of Pakistan (SECP) on Wednesday said that the independent committee of eminent professionals, constituted by the SECP earlier last month, is in the process of compiling its recommendations on the KSE's proposal on Ma
Published 15 Jul, 2010 12:00am
Pakistan is open for business: US official

Pakistan is open for business: US official

Senior American trade officials on Tuesday pledged to work towards greater market access for Pakistani textile products in the United States and to advance bilateral trade and economic ties. They also hope for early finalisation of Reconstruction Opportun
Published 15 Jul, 2010 12:00am
Reliance Income Fund

Reliance Income Fund

Board of Directors of Reliance Investments Limited (Formerly Noman Abid Investment Management Limited), the Management Company of Reliance Income Fund (RIF), in its meeting on 7th July, has approved the following final distribution for the year ended June
Published 15 Jul, 2010 12:00am
Reliance Income Fund

Reliance Income Fund

Board of Directors of Reliance Investments Limited (Formerly Noman Abid Investment Management Limited), the Management Company of Reliance Income Fund (RIF), in its meeting on 7th July, has approved the following final distribution for the year ended June
Published 15 Jul, 2010 12:00am
Implementation of copyrights law: government urged to establish IPRT

Implementation of copyrights law: government urged to establish IPRT

Registrar of Copy Rights Shakil Ahmed Abbasi on Wednesday said that various forums have urged the government to establish an Intellectual Property Rights Tribunal (IPRT) comprising intellectual property rights experts for a better implementation of the co
Published 15 Jul, 2010 12:00am
By-election on PP-13 on August 25

By-election on PP-13 on August 25

Election Commission of Pakistan on Wednesday announced that polling for bye-election on Punjab Assembly constituency PP-13 Rawalpindi-XIII will be held on August 25. The PP-13 constituency fell vacant after disqualification of PML-N MPA Yasir Raza Malik d
Published 15 Jul, 2010 12:00am
PAPJ team visits MQM's Headquarters

PAPJ team visits MQM's Headquarters

The Pakistan Association of Photo Journalists (PAPJ), delegation, led by PAPJ's founder, sr. photo journalist, Zahid Hussain met with Muttahida Qaumi Movement (MQM), leaders at Khursheed Begum Memorial Hall, Azizabad here. Member MQM Rabita Committee, Kan
Published 15 Jul, 2010 12:00am
Soomro orders probe into degrees of 23 SBC members

Soomro orders probe into degrees of 23 SBC members

Sindh Law Minister Ayaz Soomro Wednesday announced to check authenticity of some 23 members of Sindh Bar Council (SBC) who were wrongly enrolled in Urdu University The provincial law minister stated this while addressing a press conference in the capacity
Published 15 Jul, 2010 12:00am
PSO's oil stocks dwindle to 11 days' use

PSO's oil stocks dwindle to 11 days' use

The state-run company Pakistan State Oil (PSO) is in financial straits these days, reducing its oil stocks to 11 days of the national requirement. "The PSO's is left with only three-day petrol reserves while the diesel stocks can last for 11 days and the
Published 15 Jul, 2010 12:00am
'Government striving to empower youth to get technical education'

'Government striving to empower youth to get technical education'

"The skilled workforce is the great national asset and the present government trying hard to empower the youth to acquire quality and technical education to cater the demand of local and international requirements." This was stated by Adnan A Khwaja Chair
Published 15 Jul, 2010 12:00am
91 officers to be promoted to rank of Inspector

91 officers to be promoted to rank of Inspector

The Department Promotion Committee of Islamabad Police gave final nod to promotion of 91 officers to the rank of Inspector. The Committee met under Kamaluddin Tipu, DIG HQRs while other members of the committee were Ashraf Zubair Sididqui, AIG (Secretary)
Published 15 Jul, 2010 12:00am
Residents for removal of billboard along roads, roof-tops

Residents for removal of billboard along roads, roof-tops

The inhabitants of the twin cities of Rawalpindi and Islamabad have expressed their concern over giant billboards, installed by different traders along main roads, even on roof tops and intersections. The people underlined that these unsafe hanging billbo
Published 15 Jul, 2010 12:00am
Minister allows NICVD doctors to run evening clinics

Minister allows NICVD doctors to run evening clinics

Federal Minister for Health, Makhdoom Shahabuddin has approved a proposal allowing National Institute of Cardiovascular Disease's (NICVD's) doctors and surgeons to practice privately, within the hospital premises, during evening hours. NICVD officials tol
Published 15 Jul, 2010 12:00am
Road users must take care of pedestrian's rights: SP

Road users must take care of pedestrian's rights: SP

The road users must take care of pedestrian rights and must demonstrate patience during drive so as to ensure safe road environment in the city, said Superintendent of Police (Traffic) Mirr Vaiz Niaz here on Wednesday. Addressing the participants of 58th
Published 15 Jul, 2010 12:00am
Pakistan committed to cleaner, healthier environment: Naek

Pakistan committed to cleaner, healthier environment: Naek

Chairman Senate Farooq H. Naek on Wednesday reaffirmed Pakistan's resolve to environmental protection goals and said that country will remain committed to greener, cleaner and healthier environment. He was addressing the 2nd Session of the 4-day Internati
Published 15 Jul, 2010 12:00am
School-going children: Senate body for incentives to raise enrolments

School-going children: Senate body for incentives to raise enrolments

The Senate Standing Committee on Education called upon the government to introduce incentives for school going children, particularly girls for achieving the goal of education for all. During a meeting of the committee recently, the provinces were asked t
Published 15 Jul, 2010 12:00am
On returning of $50,000 to tourist: Tamgha-e-Imtiaz for hotel employee

On returning of $50,000 to tourist: Tamgha-e-Imtiaz for hotel employee

Prime Minister Syed Yousuf Raza Gilani has approved conferment of Tamgha-e-Imtiaz to Essa Khan, an employee of a hotel in Gilgit, who displayed honesty as he handed over $50,000 to a Japanese tourist who left the said amount in the hotel room. The Prime M
Published 15 Jul, 2010 12:00am
Indonesian envoy pledges to increase trade volume with Pakistan

Indonesian envoy pledges to increase trade volume with Pakistan

Pakistan Ambassador to Indonesia Sanaullah has vowed to enhance co-operation between Pakistan and Indonesia and hoped to increase trade volume from existing $1.2 billion to 2 billion dollars in next two years. "Unfortunately, the trade volume is only 1.2
Published 15 Jul, 2010 12:00am
New York cotton settles near five-month low

New York cotton settles near five-month low

Cotton futures finished Wednesday at a fresh near five-month low on investor sales but the market ran into support at its session lows from possible consumer buying, brokers said. The key December cotton contract declined 1.30 cents to end at 73.35 cents
Published 15 Jul, 2010 12:00am
Shanghai copper up

Shanghai copper up

Shanghai copper rose 1.2 percent Wednesday and London futures crept higher after bouncing 2 percent off a one-week low struck in the previous session, supported by positive corporate earnings and a tight supply outlook. Benchmark third-month Shanghai copp
Published 15 Jul, 2010 12:00am
US copper rises

US copper rises

US copper futures closed higher Tuesday, bouncing from an almost one-week low, in sympathy with rallies in the euro and equities, but growth worries in top-consumer China capped the advance. Copper for September delivery rose 0.85 cent to settle at $3.017
Published 15 Jul, 2010 12:00am
Copper moves up

Copper moves up

Copper rose on Wednesday, reversing earlier losses as the dollar fell on weak US economic data, but sentiment was shaky because the data also raised doubts about the outlook for growth and metals demand. Copper for three-months delivery on the London Meta
Published 15 Jul, 2010 12:00am
Tokyo rubber futures mixed

Tokyo rubber futures mixed

Tokyo rubber futures were mixed on Wednesday, with the distant benchmark contract still supported by firm oil prices but profit-taking depressing nearby contracts, dealers said. The benchmark rubber contract on the Tokyo Commodity Exchange for December de
Published 15 Jul, 2010 12:00am
Malaysian palm oil rises to 1.19 percent

Malaysian palm oil rises to 1.19 percent

Malaysian crude palm oil settled 1.19 percent high on Wednesday on expectations of strong demand and low stocks because of slower production. Erratic weather in many countries has damaged grains crops, including vegetable oils, and this is expected to dri
Published 15 Jul, 2010 12:00am
Liffe cocoa hits 32-year peak

Liffe cocoa hits 32-year peak

Liffe second month September cocoa settled at 2,436 pounds per tonne on Wednesday, up 39 pounds, having earlier touched a 32-year high of 2,465 pounds. Dealers eyed the impending July expiry on Thursday as the front-month premium swung in volatile trading
Published 15 Jul, 2010 12:00am
US soya mixed

US soya mixed

US soyabean futures closed mixed on Tuesday as profit-taking and adjustment of bull spreads weighed on July, while November was boosted by unwinding of some bull spreads and on some forecasts for hotter and drier US weather in late July and August, which
Published 15 Jul, 2010 12:00am
New York sugar, coffee and cocoa up

New York sugar, coffee and cocoa up

Coffee and cocoa futures climbed as positive economic sentiment spilled into the commodity complex on Tuesday. Raw sugar settled up a shade after bucking the day's trend and trading lower for much of the day, while the whites finished down.
Published 15 Jul, 2010 12:00am
Oil settles at $77

Oil settles at $77

Oil settled near $77 per barrel on Wednesday as the combination of bullish US crude inventory data and bearish economic news left oil seesawing between positive and negative territory. Oil fell in afternoon trading following US Federal Reserve minutes sho
Published 15 Jul, 2010 12:00am
Gold holds above $1,210 in New York

Gold holds above $1,210 in New York

Gold rose nearly 2 percent to a high of $1,217.60 an ounce on Tuesday after debt rating agency Moody's cut Portugal's debt, boosting the yellow metal's appeal as a haven from risk and a hedge against currency market volatility. Spot gold was bid at $1,211
Published 15 Jul, 2010 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold steadied on Wednesday after rising nearly 2 percent the previous day when worries over debt problems in the eurozone bolstered the metal's appeal as a haven from risk and a currency alternative, but high price levels may prompt selling. Spot gold was
Published 15 Jul, 2010 12:00am
Gold stages late rally

Gold stages late rally

Gold pared earlier losses to rise for a second day on Wednesday, building on Tuesday's gains, as investor concern over the US economic outlook prompted a late jump in the euro that lifted the precious complex. Spot gold was bid at $1,209.10 an ounce at 14
Published 15 Jul, 2010 12:00am
US MIDDAY: cocoa soars

US MIDDAY: cocoa soars

US cocoa futures surged nearly 4 percent to a two-month high early on Wednesday, while raw sugar and arabica coffee slipped. Arabica coffee inched lower in rangebound dealings. September arabicas fell 0.4 cents or 0.2 percent to $1.6525 per lb.
Published 15 Jul, 2010 12:00am
US MIDDAY: wheat climbs

US MIDDAY: wheat climbs

Wheat futures on the Chicago Board of Trade, the Kansas City Board of Trade and the Minneapolis Grain Exchange climbed to fresh six-month highs early on Wednesday on concerns about hot weather reducing crops in western Europe and Russia, traders said.
Published 15 Jul, 2010 12:00am
US MIDDAY: corn and soya rally

US MIDDAY: corn and soya rally

CBOT September corn rose 6 cents to $3.81-1/4 and November soya was up 10 cents at $9.64-1/2 early on Wednesday on concerns about harm to crops from a heat wave in Europe, wet weather in Canada and some forecasts for hotter and drier US weather in late Ju
Published 15 Jul, 2010 12:00am
US MIDDAY: copper slips

US MIDDAY: copper slips

US copper futures dipped into negative territory early on Wednesday, tracking a negative reversal in equity markets after unexpectedly soft retail sales data added to evidence of a moderating economic recovery. Copper for September delivery down 1.50 cent
Published 15 Jul, 2010 12:00am
US MIDDAY: gold turns up

US MIDDAY: gold turns up

US gold futures turned higher again early on Wednesday when the euro also reversed course to reach a fresh two-month high against the dollar as investors concerns over US economic growth heated up after US retail sales fell for the second month in a row,
Published 15 Jul, 2010 12:00am
Vice Chancellor Executive Council meeting held

Vice Chancellor Executive Council meeting held

The University of Sindh has decided not to allow conversion of M.Phil to Ph.D programme but the candidates will be bound to finish M.Phil and Ph.D degree programmes separately. The university has also finalised proposal of hiring of private security at th
Published 15 Jul, 2010 12:00am
Professor Kavi calls on Sindh University vice chancellor

Professor Kavi calls on Sindh University vice chancellor

A microbiologist and world authority on snake venom and its treatment Professor Kavi Ratanabanangkoon from Mahidol University Thailand called on Vice Chancellor Sindh University Professor Dr Nazir A Mughal here on Wednesday.
Published 15 Jul, 2010 12:00am
Altaf flays murder of Habib Jalib

Altaf flays murder of Habib Jalib

Muttahida Qaumi Movement (MQM), Chief Altaf Hussain strongly condemning the killing of Central Secretary General, Balochistan National Party (Mengal) Habib Jalib Baloch, has expressed deep sorrow and grief over the incident. He said he shares the grief of
Published 15 Jul, 2010 12:00am
Nawab Raisani slams BNP leader's killing

Nawab Raisani slams BNP leader's killing

The Chief Minister Balochistan, Nawab Muhammad Aslam Khan Raisani has condemned the murder of a senior political figure, a former Senator and Secretary General of BNP (Mengal), Habib Jalib Baloch. The Chief Minister also expressed his sorrow and grief ove
Published 15 Jul, 2010 12:00am
Barrick Gold Corporation team meets Mandviwala

Barrick Gold Corporation team meets Mandviwala

A three-member delegation led by Aaoron Regent President of Barrick Gold Corporation called on Saleem H Mandviwala, Minister for State/Chairman Board of Investment (BoI) here on Wednesday. During the meeting, Aaoron Regent informed about the issues being
Published 15 Jul, 2010 12:00am
Insects, plants diseases: CABI trains 1,000 tribal farmers

Insects, plants diseases: CABI trains 1,000 tribal farmers

CABI South Asia Pakistan has trained 1000 farmers of Bajaur, Mohmand and Khyber agencies of the tribal region of Pakistan in prevention of plants, insects and plant disease. CABI South Asia is implementing its Integrated Crop Management (ICM) through Farm
Published 15 Jul, 2010 12:00am
Olive oil output to be enhanced with help of Italy: minister

Olive oil output to be enhanced with help of Italy: minister

Italy has assured Pakistan technology transfer, expertise and joint mechanism for cultivation of olive plants. This was stated by Federal Minister for Food and Agriculture, Nazar Muhammad Gondal during a meeting with an Italian delegation led by Vicintzo
Published 15 Jul, 2010 12:00am
Animals vaccination campaign from July 19

Animals vaccination campaign from July 19

In anticipation of spread of various contagious diseases including Haeomorrhagic septicemia and Entero Toxaemia in the animals pertaining to Kohistan, Kachho and coastal belt areas. The Director of Live Stock Department Hyderabad has decided to launch Spe
Published 15 Jul, 2010 12:00am
Construction work for boys' hostel at Sindh University begins

Construction work for boys' hostel at Sindh University begins

The construction work for boys hostel at the cost of Rs 49.981 million began here at the Sindh University on Wednesday. The Vice Chancellor University of Sindh Professor Nazir A.Mughal laid the foundation stone at the site behind Shaheed Benazir Bhutto In
Published 15 Jul, 2010 12:00am
Jalib's murder a blow to national integrity: HRCP

Jalib's murder a blow to national integrity: HRCP

Expressing shock and grief over the murder of former Senator Habib Jalib Baloch, the Human Rights Commission of Pakistan (HRCP) described it as a severe blow to Pakistan's integrity and apprehended that it would undermine the peaceful and democratic strug
Published 15 Jul, 2010 12:00am
SBP's export refinance rate

SBP's export refinance rate

One hears of certain industrialists, complaining of the recent hike in SBP's export refinance rate to 8.5%, whilst in the same breath complaining of "back-breaking" double-digit inflation. Someone should explain to these industries that such remarks weake
Published 15 Jul, 2010 12:00am
Pak-US dialogue

Pak-US dialogue

Since Pakistan and the US have mutually fallen into the same pedestal of global war on terror and apparently the objectives of both the states seem similar, which is not an absolute reality. Pakistan has a lot many other sensitive domestic concerns, a dia
Published 15 Jul, 2010 12:00am
Sense and nonsense! - I

Sense and nonsense! - I

This refers to Khalil Ahmad's article, "Economic challenges facing Dr Hafeez Sheikh," appeared in Business Recorder of July 9. He has rightly pinpointed the lack of corporate governance, skewed up government policies, financial mismanagement and ut
Published 15 Jul, 2010 12:00am
On the road with the US military in Kunduz

On the road with the US military in Kunduz

The engines of the armoured vehicles burr, the sun beats down from the sky, and the wind blows dust through the outpost. The US military's Forward Operating Base (FOB) in Kunduz, northern Afghanistan, is no beauty spot. Violence this year in the previousl
Published 15 Jul, 2010 12:00am
PSDP - an analysis

PSDP - an analysis

Since the inception of Pakistan, a number of plans and policies have been made to formulate a sustainable developmental programme where no obstructions could hinder the development process. Economic development process is highly dependent upon the resourc
Published 15 Jul, 2010 12:00am
FBR's role in enlarging undocumented economy

FBR's role in enlarging undocumented economy

The undocumented economy is a combination of undeclared income earned through some economic activity over a period of time. It is also due to carelessness of persons, who do not know the advantages and disadvantages of keeping proper records of income tha
Published 15 Jul, 2010 12:00am
Killing of Baloch leaders

Killing of Baloch leaders

"Unidentified" gunmen on Wednesday gunned down former senator from Balochistan and a top leader of Balochistan National Party (Mengal)Habib Jalib, near his residence in Quetta. While going to drop off his children at school he was attacked by gunmen, who
Published 15 Jul, 2010 12:00am
Poverty levels in South Asia

Poverty levels in South Asia

The Oxford Poverty and Human Development Initiative in conjunction with the Human Development Report Office of the United Nations Development Programme have developed a new Multidimensional Poverty Index (MPI) that disturbingly found that half of the worl
Published 15 Jul, 2010 12:00am
HCBF principal gets CMA certification

HCBF principal gets CMA certification

Institute of Certified Managements Accountants Sri Lanka has conferred CMA (Certified Management Accountants) Award for Excellence in Business Management on Punjab University Hailey College of Banking & Finance (HCBF) Principal Professor Dr Khwaja Amjad S
Published 15 Jul, 2010 12:00am
India asked to accept Kashmir as disputed territory

India asked to accept Kashmir as disputed territory

Jamaat e Islami, has called upon India to accept Kashmir as a disputed territory in accordance with the UN resolutions and accord the Kashmiris their right to self determination enabling them to decide whether to join India or Pakistan.
Published 15 Jul, 2010 12:00am
Government urged to open more IT universities

Government urged to open more IT universities

Chairman NetSol Technologies Limited, Salim Ghauri has urged the government to open more Information Technology (IT) universities in the country. In a statement issued on Wednesday, he said there was a time when medicine and engineering were considered on
Published 15 Jul, 2010 12:00am
DCO holds meeting

DCO holds meeting

The newly posted DCO Nasim Sadiq has taken over the charge of his office here on Wednesday. Earlier he was posted as Addl. Secretary to CM Punjab and he had been serving on different posts in the past here in Faisalabad. After assumption of his charge he
Published 15 Jul, 2010 12:00am
PCS officers demands: chief minister constitutes special committee

PCS officers demands: chief minister constitutes special committee

Punjab Chief Minister, Muhammad Shahbaz Sharif has constituted a seven members special committee headed by Senior Provincial Advisor, Sardar Zulfiqar Ali Khan Khosa for reviewing of Provincial Civil Services (PCS) Officer's Association demands.
Published 15 Jul, 2010 12:00am
Rs 965 million emergency blocks to be constructed at DHQ hospitals

Rs 965 million emergency blocks to be constructed at DHQ hospitals

Separate emergency blocks are being constructed in five District Headquarter Hospitals at Jehlum, Rajanpur, Bhakkar, Bhawalnagar, and Muzafargarh at a cost of Rs 965 million during the current fiscal, under the chief minister's plan to provide indiscrimin
Published 15 Jul, 2010 12:00am
Orphan youth project: SOS Children's Villages get fund

Orphan youth project: SOS Children's Villages get fund

The Monsanto Fund, a private foundation and philanthropic arm of Monsanto Company, has provided $50,002 to SOS Children's Villages of Pakistan to fund its orphan youth home project in Multan. This grant provides funds for building an orphan youth home in
Published 15 Jul, 2010 12:00am
Export target achievement: Fahim expresses satisfaction

Export target achievement: Fahim expresses satisfaction

Makhdoom Amin Fahim, Federal Minister for Commerce has expressed his pleasure and satisfaction over achievement of export target for the year 2009-10. The export target for the year 2009-10 was set as $18.7 billion. The actual export for the same period r
Published 15 Jul, 2010 12:00am
APTMA opens branch office in Faisalabad

APTMA opens branch office in Faisalabad

All Pakistan Textile Mills Association (APTMA) Punjab has established branch office of the Association in Faisalabad with Omar Nazar Shah, as first-ever Convenor. Decision to this effect was taken in Zonal Management Committee (ZMC) of APTMA Punjab held u
Published 15 Jul, 2010 12:00am
Punjab spending Rs four billion on upgrading 800 primary schools

Punjab spending Rs four billion on upgrading 800 primary schools

Punjab government is spending an amount of Rs 4 billion for upgrading 800 different Primary Schools to Middle level during the current fiscal year in the province. The purpose is to improve public schools infrastructure. This was stated by Chairman Chief
Published 15 Jul, 2010 12:00am
'Property taxation system to be made easy'

'Property taxation system to be made easy'

Provincial Secretary Excise and Taxation (ET) Punjab, Shumail Ahmed Khawja has said that the property taxation system would be made easy and traders and shopkeepers would be facilitated in that regard. Assuring to Multan Chamber of Commerce and Industry (
Published 15 Jul, 2010 12:00am
'Development in Fata to curb extremist tendencies'

'Development in Fata to curb extremist tendencies'

Prime Minister Syed Yousuf Raza Gilani reiterated that development and prosperity in FATA and adjoining areas would help to curb the extremist tendencies. The government, he said has more than doubled the development funds of FATA public representatives a
Published 15 Jul, 2010 12:00am
CRSS for criminal proceedings against fake degree holders

CRSS for criminal proceedings against fake degree holders

Expressing deep concern on the simmering fake degrees' issue the Centre for Research and Security Studies (CRSS) has called on the government to begin criminal proceedings against the fake degrees holders. These people basically broke the law and purchase
Published 15 Jul, 2010 12:00am
Royalty of NHP: Federation pays instalment of Rs 5.1 billion to Punjab

Royalty of NHP: Federation pays instalment of Rs 5.1 billion to Punjab

Punjab Finance Minister, Tanvir Ashraf Kaira has said the federation has paid instalment of Rs 5.1 billion as royalty of Net Hydel Profit (NHP) to Punjab while the outstanding amount would be paid in next two years. He was talking to a delegation of provi
Published 15 Jul, 2010 12:00am
PEF, Unicef to work for rights of children

PEF, Unicef to work for rights of children

Punjab Education Foundation (PEF) has formally launched its programme against corporal punishment in its 2000 partner schools and three complaints redressal centers have been set up in Lahore, Rawalpindi and Multan to benefit the one million students. PEF
Published 15 Jul, 2010 12:00am
The Weather

The Weather

The weather report on Wednesday (July 14, 2010) and the forecast for Thursday (July 15, 2010).

Published 15 Jul, 2010 12:00am
ICCI holds TCP responsible for brewing sugar crisis

ICCI holds TCP responsible for brewing sugar crisis

Islamabad Chamber of Commerce and Industry (ICCI) has held Trading Corporation of Pakistan (TCP) responsible for the brewing sugar crisis in the country. "Despite clear directions of the Economic Co-ordination Committee (ECC) to import 1.2 million tons su
Published 15 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 15 Jul, 2010 12:00am
SECP policy board meeting likely next week

SECP policy board meeting likely next week

The policy board meeting of the Securities and Exchange Commission of Pakistan (SECP) is expected to take place next week to discuss important issues like budget approval of the Commission for 2010-11 and other policy matters of the commission. Sources to
Published 15 Jul, 2010 12:00am
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