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Print - 2010-08-06
Bid to smuggle heroin foiled

Bid to smuggle heroin foiled

Pakistan Customs Drug Enforcement Cell - DEC, Jinnah International Airport Unit foiled an attempt to smuggle contraband heroin out of Pakistan through postal parcels. According to details, the Customs DEC staff intercepted a parcel at the airport office o
Published 06 Aug, 2010 12:00am
Targeted killings and LEAs

Targeted killings and LEAs

Nowadays in Karachi, people are being killed. The government and law-enforcement agencies have failed to stop this barbarism, but no one knows who is responsible for all this. The circumstances are not hidden from anyone. Innocent people are being killed
Published 06 Aug, 2010 12:00am
Killing of MQM MPA

Killing of MQM MPA

The killing of MQM MPA Raza Haider, who was known for his gentlemanliness and human qualities, and his bodyguard, has proved that the law-enforcement agencies have miserably failed to protect human lives. Those who are killed are included political leader
Published 06 Aug, 2010 12:00am
It's a 'joy ride'

It's a 'joy ride'

President Asif Ali Zardari's visit to UK is under fire. Many segments of the national media seem to be of the view that the visit has been made to serve personal goals, that too, at a time when flash floods and targeted killings are making the life of com
Published 06 Aug, 2010 12:00am
Folks on Gulf Coast confident, uneasy, about BP plug

Folks on Gulf Coast confident, uneasy, about BP plug

Hope and worry mix in equal parts among people of southern Louisiana even as oil giant BP Plc claimed Wednesday that a "significant milestone" had been reached in sealing off its oil well disaster. One thing is clear: the community feels it cannot afford
Published 06 Aug, 2010 12:00am
Aviation accidents: How to get justice

Aviation accidents: How to get justice

Who is entitled to file a lawsuit based on injuries stemming from airplane accidents? Clearly, any passenger who is injured in an airplane accident, or the heirs of any passenger who is killed, are entitled to file a lawsuit, as long as someone is at faul
Published 06 Aug, 2010 12:00am
Role of tax professionals in economic development

Role of tax professionals in economic development

Tragically, due to continuous failure of our economic and tax-managers, we are now confronted with a grave economic crisis. We have a monstrous fiscal deficit - more than Rs 900 billion - forcing us to borrow more and more money from different sources - e
Published 06 Aug, 2010 12:00am
Losing out to the Taliban

Losing out to the Taliban

The White House has dismissed President Zardari's perception that the US-backed coalition is losing out to the Afghan Taliban. "I don't think the president (Barack Obama) would agree with President Zardari's conclusion that war is lost," said the White Ho
Published 06 Aug, 2010 12:00am
US should be doing it to help people, not spin it

US should be doing it to help people, not spin it

Floods have caused havoc on a very large-scale; floodwaters have caused massive damage to infrastructure, including bridges, buildings, sewer systems, roadways and canals. According to some rough estimates, there are over 1500 dead in the wake of the floo
Published 06 Aug, 2010 12:00am
'Rs 40 billion needed for 63,000 schools 'infrastructure'

'Rs 40 billion needed for 63,000 schools 'infrastructure'

Additional Secretary Planning Schools Education Department, Izhar Ahmed has said that Rs 40 billion is needed to provide infrastructure to 63,000 schools of the province. Whereas Rs 4 billion have been allocated for the provision of infrastructure of the
Published 06 Aug, 2010 12:00am
Decision to keep shops open till late night hailed

Decision to keep shops open till late night hailed

The business community has hailed the federal cabinet for allowing the trading community to keep their shops open till late night. The Lahore Chamber of Commerce and Industry (LCCI) office bearers, President, Zafar Iqbal Chaudhry, Senior Vice President, I
Published 06 Aug, 2010 12:00am
Rs 304 million CM&FT centre in Daska goes functional

Rs 304 million CM&FT centre in Daska goes functional

The Ministry of Science and Technology set up Cast Metals and Foundry Technology (CM&FT) Centre at a cost of Rs 304 million in the mini industrial estate of Daska has become operational, said Project Director Faheem A. Malik.
Published 06 Aug, 2010 12:00am
Police directed to recover detained kiln workers

Police directed to recover detained kiln workers

Lahore High Court (LHC) here Thursday observing that the kiln workers also enjoy rights like other citizens of Pakistan and nobody could usurp their constitutional rights, directed Sialkot district police officer to recover 23 kiln workers from illegal de
Published 06 Aug, 2010 12:00am
Petition filed against foreign visits of politicians, officials

Petition filed against foreign visits of politicians, officials

Barrister Javed Iqbal Jaffrey has filed a petition before the Lahore High Court (LHC) against the foreign visits of politicians and high officials, including President Asif Ali Zardari, on the expense of national exchequer. Jaffrey submitted that these le
Published 06 Aug, 2010 12:00am
War against terror: Sifwat targeted for his frontline role, says Hoti

War against terror: Sifwat targeted for his frontline role, says Hoti

Chief Minister Khyber Pakhtunkhwa Ameer Haider Khan Hoti has paid rich tributes to the slain FC Commandant Sifwat Ghayoor saying that the deceased was in the frontline against the war on terror. "He performed his duties with courage and valour and was a b
Published 06 Aug, 2010 12:00am
Independence Day: celebrations Motorcycle rally reaches Lahore

Independence Day: celebrations Motorcycle rally reaches Lahore

In connection with the Independence Day celebrations, Motorcycle rally of Four Brothers Motorcycling Group reached Lahore on Thursday evening. Divisional Officer Sports Lahore Talib Hussain and other officials of the Sports Department along with mediamen
Published 06 Aug, 2010 12:00am
Recovery of minor child: LHC gives more time to CCPO

Recovery of minor child: LHC gives more time to CCPO

The Lahore High Court (LHC) Chief Justice here on Thursday allowed more time to Capital City Police Officer (CCPO), Aslam Tareen till August 09 for the recovery of minor son of Asma Zahra, sister in-law of film actress Meera Earlier, the CCPO told the cou
Published 06 Aug, 2010 12:00am
Railways suspended trains' operation to cover financial losses: LHC told

Railways suspended trains' operation to cover financial losses: LHC told

Pakistan Railways here Thursday told Lahore High Court (LHC) that they decided to suspend operation of some of the trains for these not being commercially viable as railways was experiencing heavy financial losses. Railway authorities, through their couns
Published 06 Aug, 2010 12:00am
Petition challenging Pak-Afghan trade deal disposed of

Petition challenging Pak-Afghan trade deal disposed of

The Lahore High Court (LHC) Chief Justice Khawaja Muhammad Sharif here Thursday disposed of a petition challenging Afghanistan Pakistan Transit Trade Agreement (APTTA) after Ministry of Commerce said the agreement in question had not been materialised so
Published 06 Aug, 2010 12:00am
Speakers for measures to address Balochistan issue

Speakers for measures to address Balochistan issue

Speakers at "Hamdard Shoora" have called for taking pragmatic measures to remove sense of deprivation prevailing among the people of Balochistan. Topic of the discussion was "Balochistan situation and Pakistan's solidarity". Bushra Rehman MNA chaired whil
Published 06 Aug, 2010 12:00am
LSBF launches two branches in Pakistan

LSBF launches two branches in Pakistan

The London School of Business & Finance (LSBF) announced the launch of two regional offices in Lahore and Karachi. Addressing a press conference organised at Lahore Press Club on Thursday, the LSBF Project Director, Komil Mamajanov, Regional Director, Mar
Published 06 Aug, 2010 12:00am
Prices of vegetables up in Punjab

Prices of vegetables up in Punjab

Prices of fresh vegetables have increased in Multan, Bahawalpur and Dera Ghazi Khan division, as almost all vegetables are brought from areas of Central Punjab and Southern Punjab that are currently affected by floods in the country. Vegetables and fruits
Published 06 Aug, 2010 12:00am
Eight relief camps set up in Qasimabad

Eight relief camps set up in Qasimabad

Keeping in view the rain and flood situation, DDO (Revenue) Qasimabad has established 8 relief camps in Taluka Qasimabad and Mukhtiarkar and other officials have been directed to perform their duties round the clock in the camps with effect from August 5
Published 06 Aug, 2010 12:00am
All three barrages quite safe: chief secretary

All three barrages quite safe: chief secretary

The Chief Secretary Sindh Fazul-ur-Rehman has said the structures of all the three barrages of Indus River in Sindh were safe. This he observed while addressing a press conference after a meeting at Shahbaz Hall, Shahbaz Building Hyderabad on Thursday eve
Published 06 Aug, 2010 12:00am
974 people killed, 1,073 hurt in floods

974 people killed, 1,073 hurt in floods

The death toll rose to 974 on Thursday morning due to countrywide flood triggered by monsoon rains leaving 1,073 injured. The death toll stood at 946 and 607 people sustained injuries till Wednesday morning. As on August 5, morning, according to official
Published 06 Aug, 2010 12:00am
PFVA demands duty waiver on imports of fruit, vegetables

PFVA demands duty waiver on imports of fruit, vegetables

The supply of fruit and vegetable from up country has been suspended after the heavy monsoon rains and floods across the country. All Pakistan Fruit and Vegetable Exporters, Importers and Merchants Association (PFVA) has demanded the waiver of duties and
Published 06 Aug, 2010 12:00am
Many areas to be affected due to breaches: DG PDMA

Many areas to be affected due to breaches: DG PDMA

The 'super flood' is due to strike Sindh in next 12 to 24 hours at Guddu Barrage. According to Provincial Disaster Management Authority (PDMA), the province, specially areas along with the Indus River, would be affected due to extreme high flood condition
Published 06 Aug, 2010 12:00am
KCCI sets up 'Flood Relief Fund'

KCCI sets up 'Flood Relief Fund'

"Karachi Chamber of Commerce & Industry, for the relief and rehabilitation support to the victims of torrential rains and flood, has established KCCI's Flood Relief Fund," highlighted by Abdul Majid Haji Muhammad, President-KCCI, in a press statement on T
Published 06 Aug, 2010 12:00am
Sindh-upcountry link: flood to wash away railway tracks if breach occurs

Sindh-upcountry link: flood to wash away railway tracks if breach occurs

At least 10 kilometers of main railway tracks, linking Sindh with the upcountry, are likely to be washed away by the flash floods in Sukkur if the government breach the Flood Protecting Bund in a bid to protect Sukkur Barrage. Since the level of floodwate
Published 06 Aug, 2010 12:00am
'Punjab government yet to receive assistance from Centre'

'Punjab government yet to receive assistance from Centre'

Punjab government has not yet received any fund from the Centre as it needs around Rs 7 billion to cope with the flood disaster, said Punjab government spokesman Senator Pervez Rasheed. He said that the provincial government led by Chief Minister Shahbaz
Published 06 Aug, 2010 12:00am
'We must begin to spend on risk reduction management'

'We must begin to spend on risk reduction management'

Chairman National Disaster Management Authority (NDMA) retired Lieutenant General Nadeem Ahmed in an exclusive interview to a Business Recorder panel comprising Islamabad Resident Editor Anjum Ibrahim, Staff Reporters Waseem Iqbal, Aisha Sadaf and
Published 06 Aug, 2010 12:00am
Meezan Bank gets award for 'Best Islamic Bank in Pakistan'

Meezan Bank gets award for 'Best Islamic Bank in Pakistan'

Meezan Bank received award for the 'Best Islamic Bank in Pakistan' by Islamic Finance News of REDmoney Group, Malaysia at a ceremony held at the State Bank of Pakistan on Thursday as part of a workshop on Islamic Finance organised by Islamic Finance News.
Published 06 Aug, 2010 12:00am
Government borrows Rs 49 billion in three weeks

Government borrows Rs 49 billion in three weeks

The federal and provincial governments have borrowed Rs 49 billion for budgetary support from the central bank during the first three weeks of current fiscal year because of shortfall in tax revenue. "The government has failed to achieve the last fiscal y
Published 06 Aug, 2010 12:00am
Standard Chartered announces record operating profit

Standard Chartered announces record operating profit

Standard Chartered PLC announced a record first half operating profit before tax of $3.12 billion, demonstrating the ability of the business to deliver consistent and sustained performance. The Bank has continued to improve its capital and liquidity ratio
Published 06 Aug, 2010 12:00am
Standard Chartered announces record operating profit

Standard Chartered announces record operating profit

Standard Chartered PLC announced a record first half operating profit before tax of $3.12 billion, demonstrating the ability of the business to deliver consistent and sustained performance. The Bank has continued to improve its capital and liquidity ratio
Published 06 Aug, 2010 12:00am
IIL profit after tax increases to Rs 1,026.271 million

IIL profit after tax increases to Rs 1,026.271 million

The profit after tax of International Industries Limited (IIL) has increased to Rs 1,026.271 million in the fiscal year FY10, as compared to Rs 374.809 million earned in FY09. The company's earning per share increased to Rs 10.27 in the period under revie
Published 06 Aug, 2010 12:00am
IIL profit after tax increases to Rs 1,026.271 million

IIL profit after tax increases to Rs 1,026.271 million

The profit after tax of International Industries Limited (IIL) has increased to Rs 1,026.271 million in the fiscal year FY10, as compared to Rs 374.809 million earned in FY09. The company's earning per share increased to Rs 10.27 in the period under revie
Published 06 Aug, 2010 12:00am
Annex-D addition in draft IT return columns hailed

Annex-D addition in draft IT return columns hailed

Income Tax Bar Association (ITBA) has hailed the addition of Annex-D pertaining to the details of personal expenses, in the draft income tax return. Talking to Business Recorder on Thursday, Ali A Rahim, president, ITBA said the Federal Board of Re
Published 06 Aug, 2010 12:00am
Old-Age Benefit Scheme pensioners' woes

Old-Age Benefit Scheme pensioners' woes

The Old-Age Benefit Scheme pensioners are suffering despite announcement made by the government in Federal Budget 2010-11 to enhance their minimum pension from Rs 2000 to Rs 3000 per month. The PPP-government, which raises slogans of protecting workers an
Published 06 Aug, 2010 12:00am
Independence Day: prisoners get special remission in sentence

Independence Day: prisoners get special remission in sentence

Special remission has been granted to prisoners of different categories on the occasion of Independence Day August 14. This special remission from 45 to 90 days was granted to prisoners of different categories and it will also include total remission to f
Published 06 Aug, 2010 12:00am
Ufone chief executive nominated for 'CEO of the Year Award'

Ufone chief executive nominated for 'CEO of the Year Award'

The esteemed 'World Communication Awards (WCA)' committee has nominated Abdul Aziz CEO & President Ufone for the CEO of the Year Award 2010. WCA is widely recognised as the most trusted and global event of its kind in the communications industry.
Published 06 Aug, 2010 12:00am
Special magistrates to check prices of utility items

Special magistrates to check prices of utility items

EDO Revenue, Roshan Ali Shaikh has directed Special Judicial Magistrates of all towns of Karachi to start checking of rates of grocery items, milk and vegetables sold in markets and various Bachat Bazaars so that the citizens could be saved from overprici
Published 06 Aug, 2010 12:00am
FTO stresses need for promulgating 'taxpayers bill'

FTO stresses need for promulgating 'taxpayers bill'

Dr Mohammad Shoaib Suddle, Federal Tax Ombudsman (FTO) on Thursday stressed the need for promulgating "taxpayers bill". He was speaking at a seminar "Measures to Enhance Transparency in Tax Collection and Role of FTO" organised by Transparency Internation
Published 06 Aug, 2010 12:00am
ISE approves Margin Trading System

ISE approves Margin Trading System

The Board of Directors of the Islamabad Stock Exchange (ISE) has approved the proposed Margin Trading System (MTS) in principle as suggested by the Securities & Exchange Commission of Pakistan (SECP).
Published 06 Aug, 2010 12:00am
FUUAST announcement

FUUAST announcement

The postponed papers of B.A Private Examination earlier scheduled to be conducted on August 3 and 4 by Federal Urdu University of Arts, Science and Technology (FUUAST) will now be held on August 10 and 11 respectively. This was announced by spokesperson o
Published 06 Aug, 2010 12:00am
Malik salutes Shaheed FC Commandant

Malik salutes Shaheed FC Commandant

Interior Minister Rehman Malik has reiterated the government's undeterred stance against terrorism, saying that war against insurgents would continue till its logical end. Talking to media persons here on Thursday at Peshawar Airport, Rehman Malik saluted
Published 06 Aug, 2010 12:00am
Pakistan honoured at rekindling of eternal flame ceremony

Pakistan honoured at rekindling of eternal flame ceremony

Ambassador of Pakistan in France Shafkat Saeed rekindled the eternal flame in the memory of Unknown Soldier of World War I at famous Arcde Triomphe in a simple and impressive ceremony here. This is for the first time that Pakistan has been given such a un
Published 06 Aug, 2010 12:00am
Only 379 units got de-registered in 2009-10: FBR

Only 379 units got de-registered in 2009-10: FBR

Only 379 units have obtained de-registration certificates from the sales tax department in 2009-10. It is learnt on Thursday that the FBR had de-registered a total of 379 units on the request of the applicants. The percentage of units which closed down th
Published 06 Aug, 2010 12:00am
Two-man panel tasked to draft reformed GST

Two-man panel tasked to draft reformed GST

The government has constituted a two-member committee comprising Muneeb Zia Advocate and Abrar Ahmed Khan Member Sales Tax/Value Added Tax to draft the reformed general sales tax taking into account resolution of the issue of sales tax on services between
Published 06 Aug, 2010 12:00am
Parliamentary panel supports struggle of Kashmiris

Parliamentary panel supports struggle of Kashmiris

A parliamentary panel on Thursday said that India must give right of 'self-determination' to Kashmiris, enshrined in UN resolutions accepted by both India and Pakistan. National Assembly's standing committee on Kashmir affairs, which met here with Maulana
Published 06 Aug, 2010 12:00am
CAA's team to take black box to France

CAA's team to take black box to France

A three-member team of Civil Aviation Authority (CAA) will leave for France with the black box of the ill-fated Airbus A 321 to seek assistance in decoding it, sources privy to investigation team said. Ministry of Defence gave the final nod to the investi
Published 06 Aug, 2010 12:00am
A stable Afghanistan in Pakistan's interest: Qureshi

A stable Afghanistan in Pakistan's interest: Qureshi

Foreign Minister Makhdoom Shah Mahmood Qureshi called on Vice President of Afghanistan Mohammad Karim Khalili on Thursday. Referring to strong brotherly relationship existing between the two countries, the Foreign Minister reaffirmed Pakistan's commitment
Published 06 Aug, 2010 12:00am
The Weather

The Weather

The weather report on Thursday (August 05, 2010) and the forecast for Friday (August 06, 2010).

Published 06 Aug, 2010 12:00am
Broiler Farming workshop held

Broiler Farming workshop held

Chairman Pakistan Poultry Association (PPA) Raza Khursand has stated 90 percent of controlled shed poultry farmer ignored the technical aspects of poultry farming. He cautioned the poultry entrepreneurs if they do not pay heed over proper diagnosis, vacci
Published 06 Aug, 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 06 Aug, 2010 12:00am
More rains predicted

More rains predicted

Pakistan Meteorological Department on Thursday forecast more monsoon rains for upper and central parts of the country on Friday/Saturday. According to the met office, a fresh well-marked monsoon low-pressure area has developed over North Bay of Bengal. Un
Published 06 Aug, 2010 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 06 Aug, 2010 12:00am
PHA to build 15,000 housing units by 2013, says Kakar

PHA to build 15,000 housing units by 2013, says Kakar

Federal Minister for Housing and Works, Rehmat Ullah Kakar said here on Thursday that it is the prime responsibility of the government to take appropriate actions to promote provision of safe, sustainable and adequate housing facilities for its citizens.
Published 06 Aug, 2010 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 06 Aug, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (August 05, 2010).

Published 06 Aug, 2010 12:00am
Namaz-i-Janaza of slain policeman offered

Namaz-i-Janaza of slain policeman offered

The 'Namaz-i-Janaza' of the slain police constable Munsif Khan was offered at the Garden headquarters here on Thursday. It was attended among others by the Inspector General of Police (IGP) Sindh, Sultan Salahuddin Babar Khattak, Capital City Police Offic
Published 06 Aug, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (August 05, 2010) and for Friday (August 06, 2010)
Published 06 Aug, 2010 12:00am
OGDCL officials favouring some LPG marketing firms

OGDCL officials favouring some LPG marketing firms

LPG marketing companies have alleged that senior officials of Oil and Gas Development Company Limited (OGDCL) have favoured some LPG marketing companies in upliftment of LPG from two major fields: Bobi and Kunner, Business Recorder has learnt relia
Published 06 Aug, 2010 12:00am
Last date for submitting admission forms to GCU is August 13

Last date for submitting admission forms to GCU is August 13

The Government College University (GCU) Lahore's last year minimum merit for admissions to various disciplines of Intermediate was 972 marks for Pre-engineering, 962 for pre-medical, 905 for computer sciences, 867 for general sciences and 792 marks for ar
Published 06 Aug, 2010 12:00am
MCB Bank declares cash dividend

MCB Bank declares cash dividend

The board of directors of MCB Bank on Thursday declared cash dividend of Rs 3.00 per share ie 30 percent for the half year period ended June 30, 2010. The Board of Directors of the bank met on Thursday under the chairmanship of Mian Mohammad Mansha and re
Published 06 Aug, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (August 05, 2010).

Published 06 Aug, 2010 12:00am
MCB Bank declares cash dividend

MCB Bank declares cash dividend

The board of directors of MCB Bank on Thursday declared cash dividend of Rs 3.00 per share ie 30 percent for the half year period ended June 30, 2010. The Board of Directors of the bank met on Thursday under the chairmanship of Mian Mohammad Mansha and re
Published 06 Aug, 2010 12:00am
Industrial activities limping back to normalcy

Industrial activities limping back to normalcy

After remaining paralysed for two days because of the widespread violence in reaction to the murder of MQM's MPA Raza Haider on Monday, the industrial activities started to limp back to normalcy on Thursday. Some workers were able to reach the industrial
Published 06 Aug, 2010 12:00am
10,000 farmers to get tractors under BTS phase-II

10,000 farmers to get tractors under BTS phase-II

As many as 10,000 tractors would be provided to farmers under Benazir Tractor Scheme (BTS) phase-II. Applications for the phase-II are likely to be invited in September. ZTBL instructed to immediately fulfil the requirements for the implementation of the
Published 06 Aug, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 05, 2010).

Published 06 Aug, 2010 12:00am
Bilawal not to attend Birmingham community meeting

Bilawal not to attend Birmingham community meeting

Chairman, Pakistan People's Party, Bilawal Bhutto Zardari said on Thursday that he will not be attending Saturday's community meeting at Birmingham to be addressed by President Asif Ali Zardari contrary to the reports in the media. He issued the following
Published 06 Aug, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 05, 2010).

Published 06 Aug, 2010 12:00am
Power sector fails to bail out PSO

Power sector fails to bail out PSO

The power sector has failed in bailing out cash-strapped Pakistan State Oil (PSO) as its banks overdraft is about to touch final limit of Rs 40 billion," Business Recorder has learnt reliably. The PSO borrowing limit from banks is Rs 40 billion. "P
Published 06 Aug, 2010 12:00am
Karachi be handed over to Army to end bloodshed: ANP, JUI-F tell Senate

Karachi be handed over to Army to end bloodshed: ANP, JUI-F tell Senate

Awami National Party (ANP) and Jamiat Ulema-e-Islam (Fazl) on Thursday demanded of the government to hand over Karachi to the Army to arrest the scourge of targeted killings and establish writ of government. Both parties in the Senate on Thursday said tha
Published 06 Aug, 2010 12:00am
THE RUPEE: minor change in parity

THE RUPEE: minor change in parity

Minor change was seen in the rupee-dollar parity on the local currency market on Thursday, dealers said. On the interbank market the rupee was unchanged against dollar for buying at 85.65 while it gained three paisa at 85.67for selling, marketmen said.
Published 06 Aug, 2010 12:00am
THE RUPEE: minor change in parity

THE RUPEE: minor change in parity

Minor change was seen in the rupee-dollar parity on the local currency market on Thursday, dealers said. On the interbank market the rupee was unchanged against dollar for buying at 85.65 while it gained three paisa at 85.67for selling, marketmen said.
Published 06 Aug, 2010 12:00am
Government taking initiatives to use youths' potential: minister

Government taking initiatives to use youths' potential: minister

Federal Minister for Youth Affairs, Shahid Hussain Bhutto has underscored the need for properly channelising the talent of Pakistani youth so as to get solution of problems confronted to the country and nation. "Pakistan is among those few countries of th
Published 06 Aug, 2010 12:00am
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