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Print - 2010-08-21
Haqqani calls on General Tariq

Haqqani calls on General Tariq

Pakistan's Ambassador to the United States of America Hussain Haqqani called on Chairman Joint Chiefs of Staff Committee (CJCSC) General Tariq Majeed at Joint Staff Headquarters, Chaklala on Friday. The Ambassador stayed with the CJCSC for sometimes and d
Published 21 Aug, 2010 12:00am
39th death anniversary of Rashid Minhas observed

39th death anniversary of Rashid Minhas observed

Today marks the 39th anniversary of a national hero of Pakistan, Rashid Minhas Shaheed, Nishan-e-Haider. He was a Pilot Officer in the Pakistan Air Force (PAF), during the 1971 Pakistan-India War. He sacrificed his life on August 20, 1971 to save the hono
Published 21 Aug, 2010 12:00am
Nato to provide planes and ships

Nato to provide planes and ships

Nato said on Friday it would provide ships and aircraft to transport aid to flood-stricken Pakistan, a day after Islamabad warned that militants were trying to exploit the disaster. A statement from the Western military alliance, which is battling Islamis
Published 21 Aug, 2010 12:00am
TEVTA approves launch of 14 City & Guilds certified courses

TEVTA approves launch of 14 City & Guilds certified courses

Technical Education and Vocational Training Authority (TEVTA) has approved the launch of 14 City & Guilds (a UK based internationally accreditation body) certified courses at 24 selected TEVTA Institutes across the province of the Punjab in second shift.
Published 21 Aug, 2010 12:00am
LHC allows government to use Punjab University's playground

LHC allows government to use Punjab University's playground

The Lahore High Court (LHC) here on Friday allowed government to use Punjab University's playground "Baba ground" as parking lot for staff and visitors of civil secretariat and sessions court. The court had earlier granted a stay order in favour of the un
Published 21 Aug, 2010 12:00am
Tesco restores North Waziristan power supply

Tesco restores North Waziristan power supply

A spokesman of Tribal Areas Electric Supply Company (Tesco) has said that company has restored power supply to 132 kv grid stations Mir Ali and Miran Shah at North Waziristan Agency. In a statement issued on Friday said that a technical fault occurred on
Published 21 Aug, 2010 12:00am
Bunds at Indus River: movement of unauthorised persons banned

Bunds at Indus River: movement of unauthorised persons banned

District Administrator, Hyderabad while exercising powers conferred upon him under 144 Cr. PC, has imposed ban on entrance/movement of unknown/irrelevant persons along the bunds of Indus River within the jurisdiction of Hyderabad district to ensure safety
Published 21 Aug, 2010 12:00am
Averting epidemics: Health department, WHO, Unicef launch campaign

Averting epidemics: Health department, WHO, Unicef launch campaign

A health-education campaign has been jointly launched by Provincial Health Department, World Health Organisation (WHO) and Unicef to create awareness among the people, especially of the flood-affected areas for adopting precautionary measures to avert spr
Published 21 Aug, 2010 12:00am
Pesco for adopting austerity in use of electricity

Pesco for adopting austerity in use of electricity

Damage to electricity infrastructure and power houses in the flood has decreased power generation of the Wapda Houses in different parts of the country. On the other hand change of climate increased heat and humidity due to which public has started excess
Published 21 Aug, 2010 12:00am
US envoy urged to augment support for rehabilitation

US envoy urged to augment support for rehabilitation

Punjab Governor Salman Taseer, while expressing gratitude to US government for its support in the face of severe floods, urged more logistical succor to ensure swift rehabilitation of the flood affected in all parts of the country. During a meeting with U
Published 21 Aug, 2010 12:00am
Punjab government to curtail expenditures

Punjab government to curtail expenditures

Punjab Chief Minister Shahbaz Sharif said on Friday that the provincial government has decided to curtail its development and non-development expenditures for rehabilitation of flood people. Shahbaz paid a detailed visit to flood affected areas of South P
Published 21 Aug, 2010 12:00am
UN agencies step up appeals for aid

UN agencies step up appeals for aid

UN agencies on Friday stepped up calls for donors to cash up pledges for Pakistan in order to prevent what UN chief Ban Ki-moon called a "slow-motion tsunami" from wrecking further catastrophe. Torrential monsoon rains unleashed the worst floods for 80 ye
Published 21 Aug, 2010 12:00am
Bahrain to donate three million dinar for flood-hit people

Bahrain to donate three million dinar for flood-hit people

President of Bahrain Sheikh Nasser bin Hamad Al Khalifa has pledged to donate three million Dinar and edible items for relief and rehabilitation of flood affectees. Bahrain's envoy in Pakistan Muhammad Ibrahim Muhammad Abdul Qadir on Friday called on Inte
Published 21 Aug, 2010 12:00am
China to send more aid

China to send more aid

China said Friday it would send 1,000 tents and other emergency equipment to Pakistan to help with the nation's devastating floods. The news comes as Richard Holbrooke, the US point man on Pakistan, called on China, which has already sent 60 million yuan
Published 21 Aug, 2010 12:00am
Floods boost EU support for Pakistan trade breaks

Floods boost EU support for Pakistan trade breaks

The EU foreign affairs chief will urge EU states next month to back trade concessions for Pakistan as worries grow about the impact of devastating floods on the stability of its fragile government. EU diplomats say support for such trade breaks appears to
Published 21 Aug, 2010 12:00am
Industrial activities badly affected by city unrest

Industrial activities badly affected by city unrest

Business activities in the five industrial sectors of the city were badly affected by the unrest as majority of workers failed to report on duty because of the lack of pubic transports on the roads. Karachi on Friday mourned the death of ANP leader Yousuf
Published 21 Aug, 2010 12:00am
Results of PMAA announced

Results of PMAA announced

The results of the Promotion Marketing Awards of Asia (PMAA) were announced recently in Australia. This year was the first time that any Pakistani agency won amongst the very best of Asian countries from India to all the way to Australia.
Published 21 Aug, 2010 12:00am
Girls outshine boys in Punjab University B Com exams

Girls outshine boys in Punjab University B Com exams

Punjab University Examination Department has declared the result of B.Com Part-II Annual Examination 2010. A total number of 39,944 male and female candidates appeared in the examination, out of which 21,730 have been declared successful. The overall pass
Published 21 Aug, 2010 12:00am
PUTA dispatches medical teams to flood-hit areas

PUTA dispatches medical teams to flood-hit areas

Peshawar University Teachers Association (PUTA) and Patients Welfare Society, Social Welfare Society, Khyber Medical College, Peshawar and Pakistan Pediatric Association have dispatched a joint medical team to flood hit areas for provision of medical assi
Published 21 Aug, 2010 12:00am
Khwahish-e-Zeest asks affluent Pakistanis to help flood victims

Khwahish-e-Zeest asks affluent Pakistanis to help flood victims

President of Khwahish-e-Zeest, Syed Salman Gilani has expressed concerns over the devastating impact of flood and urged the affluent Pakistanis to contribute heavily for the rehabilitation of flood-affected people. He was addressing members of Khawhish-e-
Published 21 Aug, 2010 12:00am
PRCS sends seven more trucks of relief goods

PRCS sends seven more trucks of relief goods

Pakistan Red Crescent Society (PRCS) has sent seven more truckloads of goods for the flood-stricken people of Muzaffargarh. PRCS Member Managing Committee, Alina Tawana and Razwan Bashir Sheikh dispatched the trucks carrying relief items for the flood aff
Published 21 Aug, 2010 12:00am
Government urged to provide security to relief caravans

Government urged to provide security to relief caravans

South Asia Partnership Pakistan (SAP) has sought security from Punjab government for relief goods caravans dispatched to the flood affected areas. SAP and other civil society organisations have pointed out that incidents of looting relief goods are taking
Published 21 Aug, 2010 12:00am
Civil society joins efforts to provide relief

Civil society joins efforts to provide relief

Representatives of civil society in Pakistan have started their practical support for the flood relief efforts in different parts of the country. "Looking at the desperate situation the government is facing today, we realised that this gigantic task can o
Published 21 Aug, 2010 12:00am
Lahore businessmen, citizens do it for survivors

Lahore businessmen, citizens do it for survivors

Businessmen and people from different walks of life on Friday met Punjab Chief Minister Muhammad Shahbaz Sharif and presented him cheques of Rs 28 million for the relief and rehabilitation of the flood victims.
Published 21 Aug, 2010 12:00am
NBP distributes goods worth Rs 0.3 million

NBP distributes goods worth Rs 0.3 million

Head of National Bank, Hyderabad region Tariq Latif Ansari has appealed individuals, philanthropists and organisations to come forward and contribute in Prime Minister's Flood Relief Fund, established for the rehabilitation of flood-displaced people.
Published 21 Aug, 2010 12:00am
Lions Clubs' Foundation donates $0.12 million

Lions Clubs' Foundation donates $0.12 million

The Lions Clubs International Foundation (LCIF) has donated dollars 120,000 towards the flood relief fund in Pakistan. This was announced by LCIF Chairperson Eberhard J. Wirfs. An announcement here on Friday said he also assured that further assistance wo
Published 21 Aug, 2010 12:00am
Nestle to continue helping flood victims

Nestle to continue helping flood victims

Nestle Pakistan released its half-yearly results this week. The Director Report statement said that the effects of the economic revival has raised the inflation to more than 12 percent, which together with the prevailing security situation, resulted in ch
Published 21 Aug, 2010 12:00am
KESC calls for more aid

KESC calls for more aid

Karachi Electric Supply Company (KESC) has appreciated the generous support provided by Karachiites towards the company's flood relief operation launched on August 11, and appealed for more help in cash, kind and voluntary work as the requirement is likel
Published 21 Aug, 2010 12:00am
Aptma hands over a Rs 10 million cheque

Aptma hands over a Rs 10 million cheque

Shahzad Ahmed, Chairman All Pakistan Textile Mills Association (Aptma) handed over a cheque of Rs 10 million to Federal Minister for Textile Industry, Rana Muhammad Farooq Saeed Khan for Prime Minister's Flood Relief Fund - 2010, during his visit with the
Published 21 Aug, 2010 12:00am
DPS donates Rs 0.2 million

DPS donates Rs 0.2 million

Showing the spirit of solidarity and brotherhood, the students and staff of Dawood Public School (DPS) have donated Rs 200,000 for the flood affectees. DPS Chief Executive Officer Sabrina Dawood on Friday presented Bilquis Edhi a bank draft of Rs 200,000
Published 21 Aug, 2010 12:00am
Indus Hospital seeks donations

Indus Hospital seeks donations

"After serving the poor and needy patients for three years on cost-free basis, Indus Hospital is planning to expand the range of its services with advanced health infrastructure as well as the spacious premises for the hospital to continue free of charge
Published 21 Aug, 2010 12:00am
Indus in super flood at Guddu, Sukkur barrages

Indus in super flood at Guddu, Sukkur barrages

River Indus at Guddu and Sukkur barrages is flowing in the Super Flood and it would remain the same at these stations during upcoming 24 hours, irrigation officials said on Friday. They said the river at Guddu barrage is in super flood where the inflow is
Published 21 Aug, 2010 12:00am
Lack of proper food distribution causing problems

Lack of proper food distribution causing problems

Beside other miseries of the flood survivors, the mismanagement in distribution of relief goods are also causing immense problems to the affectees in the relief camps. The worst situation of the relief goods distribution was observed in Korangi Area where
Published 21 Aug, 2010 12:00am
CDGK seeks Rs 100 million for survivors in relief camps

CDGK seeks Rs 100 million for survivors in relief camps

The City District Government Karachi (CDGK) has sought Rs 100 million from the Sindh government to ensure provision of food and medicines to the flood affected people in the relief camps established in the city, Business Recorder learnt Friday.
Published 21 Aug, 2010 12:00am
The worst not over yet: serious threat to Kotri Barrage still persists

The worst not over yet: serious threat to Kotri Barrage still persists

The threat to Kotri Barrage, which has a designed capacity of 800,000 cusecs to 850,000 cusecs, has increased as the hydrological experts believe that a powerful current of 900,000 cusecs to 950,000 cusecs of 'exceptionally high' flood would pass through
Published 21 Aug, 2010 12:00am
Ministry progressing on E-office programme meticulously

Ministry progressing on E-office programme meticulously

The Ministry of Information Technology on Friday claimed that the ministry was progressing on its E-office programme strictly in accordance with the contract agreement signed between Electronic Government Directorate (EGD) and LMKR for development of E-of
Published 21 Aug, 2010 12:00am
War for peace

War for peace

Nine long years down the road the US and Nato troops have not been able to apprehend Osama bin Laden, killing instead thousands of innocent tribals through deadly drone attacks, who meant no harm to the world. Surges of US troops so far have gained no suc
Published 21 Aug, 2010 12:00am
Overflowing gutters in Gulshan-e-Hadeed

Overflowing gutters in Gulshan-e-Hadeed

Gulshan-e-Hadeed, Steel Town, was founded in 1990s. This area was facilitated by Steel Mills. As time passed, the population increased and many problems, including the sewerage have cropped up. Initially the plots in Gulshan-e-Hadeed were allotted to the
Published 21 Aug, 2010 12:00am
Balance the ethics formula: a tool for guiding our choices

Balance the ethics formula: a tool for guiding our choices

Achieving higher levels of ethical conduct, as is the case of achieving all optimal positions, is a balancing act. For corporations, ethical attitude and sustainable success are achieved by striking a balance between the bottom-line on one side, and the i
Published 21 Aug, 2010 12:00am
Iraq, US film industries struggle with war

Iraq, US film industries struggle with war

Films about the Iraq war are about as popular at the box office as Saddam Hussein would have been at a Kurdish wedding. Whether dealing with the war directly, its horrific toll on the Iraqi people, or the trauma that it inflicted on US servicemen and thei
Published 21 Aug, 2010 12:00am
The Weather

The Weather

The weather report on Friday (August 20, 2010) and the forecast for Saturday (August 21, 2010).

Published 21 Aug, 2010 12:00am
What Pakistan should do?

What Pakistan should do?

The use of history is not to lament but to take important decisions that could mitigate disasters - natural and man made. If one were to look at the major disasters and link it to man made actions, one would be not as naïve as one witnesses on the electro
Published 21 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 21 Aug, 2010 12:00am
Giving lead role to army

Giving lead role to army

An unmistakable impression tends to arise from the lingering plight of the flood victims that the political leadership has failed to deliver, spectacularly and on all fronts, on its basic responsibility to protect people's lives and properties. Even if it
Published 21 Aug, 2010 12:00am
Sochi summit

Sochi summit

The one-day summit of Presidents of Pakistan, Russia, Afghanistan and Tajikistan on Wednesday, was the second summit of the quartet after the July 2009 Dushanbe moot. At the first summit, Russian President Dmitry Medvedev had hoped the meeting would provi
Published 21 Aug, 2010 12:00am
Shortage of fuel in Lahore

Shortage of fuel in Lahore

As a consequence of heavy floods in the country, production of liquid fuel from Parco oil refinery located at Mehmood Kot, has been reduced. This situation has further aggravated with the damage to major highways, making transportation of petrol very diff
Published 21 Aug, 2010 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 21 Aug, 2010 12:00am
Shortage of fuel in Lahore

Shortage of fuel in Lahore

As a consequence of heavy floods in the country, production of liquid fuel from Parco oil refinery located at Mehmood Kot, has been reduced. This situation has further aggravated with the damage to major highways, making transportation of petrol very diff
Published 21 Aug, 2010 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 21 Aug, 2010 12:00am
Shortage of fuel in Lahore

Shortage of fuel in Lahore

As a consequence of heavy floods in the country, production of liquid fuel from Parco oil refinery located at Mehmood Kot, has been reduced. This situation has further aggravated with the damage to major highways, making transportation of petrol very diff
Published 21 Aug, 2010 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on August 17, 2010.

Published 21 Aug, 2010 12:00am
Iran test fires surface-to-surface missile

Iran test fires surface-to-surface missile

Defence Minister Ahmad Vahidi announced on Friday that Iran has test fired a surface-to-surface missile, Qiam, a day before it is due to inaugurate its Russian-built first nuclear power plant. State television showed images of the sand coloured Qiam (Risi
Published 21 Aug, 2010 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on August 17, 2010.

Published 21 Aug, 2010 12:00am
Iran test fires surface-to-surface missile

Iran test fires surface-to-surface missile

Defence Minister Ahmad Vahidi announced on Friday that Iran has test fired a surface-to-surface missile, Qiam, a day before it is due to inaugurate its Russian-built first nuclear power plant. State television showed images of the sand coloured Qiam (Risi
Published 21 Aug, 2010 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on August 17, 2010.

Published 21 Aug, 2010 12:00am
Pepco estimates Rs 10 billion losses to its power system

Pepco estimates Rs 10 billion losses to its power system

Pakistan Electric Power Company (Pepco) has estimated Rs 10 billion losses to its power system due to torrential rains and devastating floods across the country, official sources told Business Recorder.
Published 21 Aug, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (August 20, 2010).

Published 21 Aug, 2010 12:00am
Pepco estimates Rs 10 billion losses to its power system

Pepco estimates Rs 10 billion losses to its power system

Pakistan Electric Power Company (Pepco) has estimated Rs 10 billion losses to its power system due to torrential rains and devastating floods across the country, official sources told Business Recorder.
Published 21 Aug, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (August 20, 2010).

Published 21 Aug, 2010 12:00am
Pepco estimates Rs 10 billion losses to its power system

Pepco estimates Rs 10 billion losses to its power system

Pakistan Electric Power Company (Pepco) has estimated Rs 10 billion losses to its power system due to torrential rains and devastating floods across the country, official sources told Business Recorder.
Published 21 Aug, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (August 20, 2010).

Published 21 Aug, 2010 12:00am
Air India jet lands in Oman after bomb scare

Air India jet lands in Oman after bomb scare

An on-flight bomb scare that out to be a hoax forced an Air India passenger jet to make an emergency landing at Muscat airport on Friday, Omani police said. The Boeing 737 was en route from Kuwait to Mumbai when a passenger told crew members there was a b
Published 21 Aug, 2010 12:00am
Air India jet lands in Oman after bomb scare

Air India jet lands in Oman after bomb scare

An on-flight bomb scare that out to be a hoax forced an Air India passenger jet to make an emergency landing at Muscat airport on Friday, Omani police said. The Boeing 737 was en route from Kuwait to Mumbai when a passenger told crew members there was a b
Published 21 Aug, 2010 12:00am
India triples lawmakers'' salaries

India triples lawmakers'' salaries

India''s cabinet on Friday opted to triple the wages of members of parliament to about 1,000 dollars a month and double their expenses, a government source said. The move came after a campaign by parliamentarians, many of whom were angry Friday at what th
Published 21 Aug, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 20, 2010).

Published 21 Aug, 2010 12:00am
India triples lawmakers' salaries

India triples lawmakers' salaries

India's cabinet on Friday opted to triple the wages of members of parliament to about 1,000 dollars a month and double their expenses, a government source said. The move came after a campaign by parliamentarians, many of whom were angry Friday at what the
Published 21 Aug, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 20, 2010).

Published 21 Aug, 2010 12:00am
India triples lawmakers' salaries

India triples lawmakers' salaries

India's cabinet on Friday opted to triple the wages of members of parliament to about 1,000 dollars a month and double their expenses, a government source said. The move came after a campaign by parliamentarians, many of whom were angry Friday at what the
Published 21 Aug, 2010 12:00am
Italian builders prepare for 1,700 km Libya road

Italian builders prepare for 1,700 km Libya road

Italian builders including Impregilo and Astaldi have expressed an interest in a project to build a 1,700 km motorway across Libya, sources close to the matter said on Friday.
Published 21 Aug, 2010 12:00am
Italian builders prepare for 1,700 km Libya road

Italian builders prepare for 1,700 km Libya road

Italian builders including Impregilo and Astaldi have expressed an interest in a project to build a 1,700 km motorway across Libya, sources close to the matter said on Friday.
Published 21 Aug, 2010 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

Declining trend was seen on the currency market on Friday as a result of strong buying of dollars from different sides, dealers said. On the interbank market the rupee slid by three paisa at 85.65 against dollar for buying and it also shed four paisa at 8
Published 21 Aug, 2010 12:00am
Italian builders prepare for 1,700 km Libya road

Italian builders prepare for 1,700 km Libya road

Italian builders including Impregilo and Astaldi have expressed an interest in a project to build a 1,700 km motorway across Libya, sources close to the matter said on Friday.
Published 21 Aug, 2010 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

Declining trend was seen on the currency market on Friday as a result of strong buying of dollars from different sides, dealers said. On the interbank market the rupee slid by three paisa at 85.65 against dollar for buying and it also shed four paisa at 8
Published 21 Aug, 2010 12:00am
Pakistan won''t beg for market access: minister

Pakistan won''t beg for market access: minister

Minister for Textile Industry, Rana Farooq Saeed Khan has said Pakistan will not beg for market access to US and EU markets because it genuinely qualifies for it now. The minister said floods have devastated the infrastructure in many areas of the country
Published 21 Aug, 2010 12:00am
Pakistan won't beg for market access: minister

Pakistan won't beg for market access: minister

Minister for Textile Industry, Rana Farooq Saeed Khan has said Pakistan will not beg for market access to US and EU markets because it genuinely qualifies for it now. The minister said floods have devastated the infrastructure in many areas of the country
Published 21 Aug, 2010 12:00am
Pakistan won't beg for market access: minister

Pakistan won't beg for market access: minister

Minister for Textile Industry, Rana Farooq Saeed Khan has said Pakistan will not beg for market access to US and EU markets because it genuinely qualifies for it now. The minister said floods have devastated the infrastructure in many areas of the country
Published 21 Aug, 2010 12:00am
Russian nuclear submarine leased to India

Russian nuclear submarine leased to India

Russia has handed a new nuclear-powered submarine over to India for a 10-year lease, Russian news agencies reported on Friday, two years after an accident during testing killed 20 people. The Nerpa, under the command of an Indian crew, left its base on Ru
Published 21 Aug, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (August 20, 2010).

Published 21 Aug, 2010 12:00am
Russian nuclear submarine leased to India

Russian nuclear submarine leased to India

Russia has handed a new nuclear-powered submarine over to India for a 10-year lease, Russian news agencies reported on Friday, two years after an accident during testing killed 20 people. The Nerpa, under the command of an Indian crew, left its base on Ru
Published 21 Aug, 2010 12:00am
Japan says Indian nuclear test could ruin planned pact

Japan says Indian nuclear test could ruin planned pact

Japan's foreign minister warned India Friday that a planned bilateral pact on civilian nuclear co-operation could be suspended if New Delhi conducts a nuclear test. In June, the two countries launched talks on signing the agreement which will allow Tokyo
Published 21 Aug, 2010 12:00am
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