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Print - 2010-09-06
Ban calls for poverty aid to match financial-crisis spending

Ban calls for poverty aid to match financial-crisis spending

Rich countries should be just as active earmarking funds to meet the United Nations' poverty-fighting goals as they did to fight the financial crisis, UN Secretary General Ban Ki-moon said Saturday at a conference in Austria.
Published 06 Sep, 2010 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (August 30 to September 03, 2010)

Published 06 Sep, 2010 12:00am
The Weather

The Weather

The weather report on Sunday (August 29, 2010) and the forecast for Monday (August 30, 2010).

Published 06 Sep, 2010 12:00am
Wall Street Weekahead: September starts on upbeat note

Wall Street Weekahead: September starts on upbeat note

US stocks could start next week with investors feeling a bit more optimistic about the economy, thanks to a stronger-than-expected jobs report, making further market gains more likely. The government's non-farm payrolls report on Friday was the latest of
Published 06 Sep, 2010 12:00am
US denies taxpayer funds to bail out Kabul Bank

US denies taxpayer funds to bail out Kabul Bank

The US Treasury Department denied media reports Saturday that American taxpayer funds would be put towards bailing out Afghanistan's beleaguered Kabul Bank. The White House said the allegations were not true and pointed to a statement from Deputy Treasury
Published 06 Sep, 2010 12:00am
US denies taxpayer funds to bail out Kabul Bank

US denies taxpayer funds to bail out Kabul Bank

The US Treasury Department denied media reports Saturday that American taxpayer funds would be put towards bailing out Afghanistan's beleaguered Kabul Bank. The White House said the allegations were not true and pointed to a statement from Deputy Treasury
Published 06 Sep, 2010 12:00am
US denies taxpayer funds to bail out Kabul Bank

US denies taxpayer funds to bail out Kabul Bank

The US Treasury Department denied media reports Saturday that American taxpayer funds would be put towards bailing out Afghanistan''s beleaguered Kabul Bank. The White House said the allegations were not true and pointed to a statement from Deputy Treasur
Published 06 Sep, 2010 12:00am
Most UAE banks stop fund transfers to Iran

Most UAE banks stop fund transfers to Iran

Most banks in the United Arab Emirates, an important trading partner for Iran, have stopped money transfers there after the latest round of sanctions on the Islamic republic, bankers said on Sunday. A Dubai-based Iranian businessman said that the latest s
Published 06 Sep, 2010 12:00am
Most UAE banks stop fund transfers to Iran

Most UAE banks stop fund transfers to Iran

Most banks in the United Arab Emirates, an important trading partner for Iran, have stopped money transfers there after the latest round of sanctions on the Islamic republic, bankers said on Sunday. A Dubai-based Iranian businessman said that the latest s
Published 06 Sep, 2010 12:00am
Most UAE banks stop fund transfers to Iran

Most UAE banks stop fund transfers to Iran

Most banks in the United Arab Emirates, an important trading partner for Iran, have stopped money transfers there after the latest round of sanctions on the Islamic republic, bankers said on Sunday. A Dubai-based Iranian businessman said that the latest s
Published 06 Sep, 2010 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The rupee moved both ways on currency market during the week ended on September 3, 2010. On the inter-bank market, the rupee shed three paisa against dollar for buying at 85.65 and four paisa for selling at 85.70.
Published 06 Sep, 2010 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The rupee moved both ways on currency market during the week ended on September 3, 2010. On the inter-bank market, the rupee shed three paisa against dollar for buying at 85.65 and four paisa for selling at 85.70.
Published 06 Sep, 2010 12:00am
FBR study advocates wealth tax restoration

FBR study advocates wealth tax restoration

A latest study of the Federal Board of Revenue (FBR) has strongly proposed restoration of wealth tax on expensive properties owned by the elite class of Pakistan. It is learnt that the FBR analysis supported restoration of wealth tax to discourage concent
Published 06 Sep, 2010 12:00am
FBR study advocates wealth tax restoration

FBR study advocates wealth tax restoration

A latest study of the Federal Board of Revenue (FBR) has strongly proposed restoration of wealth tax on expensive properties owned by the elite class of Pakistan. It is learnt that the FBR analysis supported restoration of wealth tax to discourage concent
Published 06 Sep, 2010 12:00am
FBR study advocates wealth tax restoration

FBR study advocates wealth tax restoration

A latest study of the Federal Board of Revenue (FBR) has strongly proposed restoration of wealth tax on expensive properties owned by the elite class of Pakistan. It is learnt that the FBR analysis supported restoration of wealth tax to discourage concent
Published 06 Sep, 2010 12:00am
Revenue audit officers await notification of upgradation

Revenue audit officers await notification of upgradation

An emergency meeting of Inland Revenue Audit Officers Association (IRAOA) was held here on Sunday to devise a strategy to deal with the issue of prolonged delay in issuance of notification for the upgradation of Inland Revenue Audit Officers' posts.
Published 06 Sep, 2010 12:00am
Revenue audit officers await notification of upgradation

Revenue audit officers await notification of upgradation

An emergency meeting of Inland Revenue Audit Officers Association (IRAOA) was held here on Sunday to devise a strategy to deal with the issue of prolonged delay in issuance of notification for the upgradation of Inland Revenue Audit Officers' posts.
Published 06 Sep, 2010 12:00am
Revenue audit officers await notification of upgradation

Revenue audit officers await notification of upgradation

An emergency meeting of Inland Revenue Audit Officers Association (IRAOA) was held here on Sunday to devise a strategy to deal with the issue of prolonged delay in issuance of notification for the upgradation of Inland Revenue Audit Officers'' posts.
Published 06 Sep, 2010 12:00am
Clearance to six RPPs: Pepco under immense pressure from Ministry

Clearance to six RPPs: Pepco under immense pressure from Ministry

The Pakistan Electric Power Company (Pepco) is reportedly under immense pressure from top brass of the Ministry of Water and Power to give clearance to six rental power projects (RPPs) whose Rental Service Agreements are not yet effective, sources in the
Published 06 Sep, 2010 12:00am
Clearance to six RPPs: Pepco under immense pressure from Ministry

Clearance to six RPPs: Pepco under immense pressure from Ministry

The Pakistan Electric Power Company (Pepco) is reportedly under immense pressure from top brass of the Ministry of Water and Power to give clearance to six rental power projects (RPPs) whose Rental Service Agreements are not yet effective, sources in the
Published 06 Sep, 2010 12:00am
Clearance to six RPPs: Pepco under immense pressure from Ministry

Clearance to six RPPs: Pepco under immense pressure from Ministry

The Pakistan Electric Power Company (Pepco) is reportedly under immense pressure from top brass of the Ministry of Water and Power to give clearance to six rental power projects (RPPs) whose Rental Service Agreements are not yet effective, sources in the
Published 06 Sep, 2010 12:00am
Yasir framed by reporter incognito

Yasir framed by reporter incognito

Pakistan batsman Yasir Hameed insisted Sunday he had been misled by an undercover reporter and was only repeating allegations he had read about when he said his team-mates were corrupt. The News of the World newspaper said Hameed had "sensationally confir
Published 06 Sep, 2010 12:00am
Yasir framed by reporter incognito

Yasir framed by reporter incognito

Pakistan batsman Yasir Hameed insisted Sunday he had been misled by an undercover reporter and was only repeating allegations he had read about when he said his team-mates were corrupt. The News of the World newspaper said Hameed had "sensationally confir
Published 06 Sep, 2010 12:00am
Index gains 104.35 points

Index gains 104.35 points

The KSE-100 index gained 104.35 points during the week ended on September 3, 2010 and closed at 9,703.06 points mainly due to foreign investors' support. Trading also improved slightly and the average daily volume at ready counter increased to 50.37 milli
Published 06 Sep, 2010 12:00am
Index gains 104.35 points

Index gains 104.35 points

The KSE-100 index gained 104.35 points during the week ended on September 3, 2010 and closed at 9,703.06 points mainly due to foreign investors' support. Trading also improved slightly and the average daily volume at ready counter increased to 50.37 milli
Published 06 Sep, 2010 12:00am
Index gains 104.35 points

Index gains 104.35 points

The KSE-100 index gained 104.35 points during the week ended on September 3, 2010 and closed at 9,703.06 points mainly due to foreign investors'' support. Trading also improved slightly and the average daily volume at ready counter increased to 50.37 mill
Published 06 Sep, 2010 12:00am
During August: offshore investors contribute $41.32 million

During August: offshore investors contribute $41.32 million

A healthy inflow of $41.32 million of foreign investors' portfolio investment (FIPI) was witnessed at the local equity market during the month of August 2010. According to National Clearing Company of Pakistan Limited (NCCPL) data, the foreign investors r
Published 06 Sep, 2010 12:00am
During August: offshore investors contribute $41.32 million

During August: offshore investors contribute $41.32 million

A healthy inflow of $41.32 million of foreign investors' portfolio investment (FIPI) was witnessed at the local equity market during the month of August 2010. According to National Clearing Company of Pakistan Limited (NCCPL) data, the foreign investors r
Published 06 Sep, 2010 12:00am
During August: offshore investors contribute $41.32 million

During August: offshore investors contribute $41.32 million

A healthy inflow of $41.32 million of foreign investors'' portfolio investment (FIPI) was witnessed at the local equity market during the month of August 2010. According to National Clearing Company of Pakistan Limited (NCCPL) data, the foreign investors
Published 06 Sep, 2010 12:00am
During August: offshore investors contribute $41.32 million

During August: offshore investors contribute $41.32 million

A healthy inflow of $41.32 million of foreign investors'''' portfolio investment (FIPI) was witnessed at the local equity market during the month of August 2010. According to National Clearing Company of Pakistan Limited (NCCPL) data, the foreign investor
Published 06 Sep, 2010 12:00am
Diverse water sources key to food security

Diverse water sources key to food security

Increasingly erratic rainfall patterns related to climate change pose a major threat to food security and economic growth, water experts said on Monday, arguing for greater investment in water storage.
Published 06 Sep, 2010 12:00am
Diverse water sources key to food security

Diverse water sources key to food security

Increasingly erratic rainfall patterns related to climate change pose a major threat to food security and economic growth, water experts said on Monday, arguing for greater investment in water storage.
Published 06 Sep, 2010 12:00am
Diverse water sources key to food security

Diverse water sources key to food security

Increasingly erratic rainfall patterns related to climate change pose a major threat to food security and economic growth, water experts said on Monday, arguing for greater investment in water storage.
Published 06 Sep, 2010 12:00am
CCI to decide relief packages: Prime Minister

CCI to decide relief packages: Prime Minister

Prime Minister Yousuf Raza Gilani has said that the Council of Common Interests, in its meeting to be held on Monday, will take decision regarding allocations, disbursement and distribution of relief packages to the flood affected people in all provinces.
Published 06 Sep, 2010 12:00am
CCI to decide relief packages: Prime Minister

CCI to decide relief packages: Prime Minister

Prime Minister Yousuf Raza Gilani has said that the Council of Common Interests, in its meeting to be held on Monday, will take decision regarding allocations, disbursement and distribution of relief packages to the flood affected people in all provinces.
Published 06 Sep, 2010 12:00am
Rs 100 billion from PSDP funds may be diverted to provinces

Rs 100 billion from PSDP funds may be diverted to provinces

The Federal government is considering to divert to provinces Rs 100 billion earmarked under Public Sector Development Programme (PSDP) 2010-11 for early relief and rehabilitation of the flood affectees due to poor response from the world community, Busine
Published 06 Sep, 2010 12:00am
Rs 100 billion from PSDP funds may be diverted to provinces

Rs 100 billion from PSDP funds may be diverted to provinces

The Federal government is considering to divert to provinces Rs 100 billion earmarked under Public Sector Development Programme (PSDP) 2010-11 for early relief and rehabilitation of the flood affectees due to poor response from the world community, Busine
Published 06 Sep, 2010 12:00am
Rs 100 billion from PSDP funds may be diverted to provinces

Rs 100 billion from PSDP funds may be diverted to provinces

The Federal government is considering to divert to provinces Rs 100 billion earmarked under Public Sector Development Programme (PSDP) 2010-11 for early relief and rehabilitation of the flood affectees due to poor response from the world community, Busine
Published 06 Sep, 2010 12:00am
Defence Day being observed with simplicity today

Defence Day being observed with simplicity today

The nation observes 45th Defence of Pakistan Day today with simplicity and dignity to commemorate the great sacrifices made by its valiant armed forces and people for the defence of the motherland against Indian aggression, and to renew the pledge to make
Published 06 Sep, 2010 12:00am
Defence Day being observed with simplicity today

Defence Day being observed with simplicity today

The nation observes 45th Defence of Pakistan Day today with simplicity and dignity to commemorate the great sacrifices made by its valiant armed forces and people for the defence of the motherland against Indian aggression, and to renew the pledge to make
Published 06 Sep, 2010 12:00am
South Korea, US postpone joint naval exercise

South Korea, US postpone joint naval exercise

The navies of South Korea and the United States postponed a five-day military exercise in the Yellow Sea shortly before it was to start on Sunday. The official reason given was an approaching typhoon.
Published 06 Sep, 2010 12:00am
Nine people killed in south Yemen violence

Nine people killed in south Yemen violence

Six people including four policemen were killed in overnight clashes in Yemen's tense south, where a separate Qaeda-style ambush killed a tribal chief and his two bodyguards, local and tribal officials told AFP on Sunday.
Published 06 Sep, 2010 12:00am
Former Saddam confidant says he'll die in prison

Former Saddam confidant says he'll die in prison

The man who once served as the international face of Saddam Hussein's regime predicted Sunday that he'll die in an Iraqi jail, citing his old age and lengthy prison sentence.
Published 06 Sep, 2010 12:00am
Former UK military chief says Blair underfunded army

Former UK military chief says Blair underfunded army

The former head of the British Army has accused former prime ministers Tony Blair and Gordon Brown of forcing the military to fight in Iraq and Afghanistan without adequate funding. Gen. Richard Dannatt said in book extracts published Sunday that Blair ``
Published 06 Sep, 2010 12:00am
Former UK military chief says Blair underfunded army

Former UK military chief says Blair underfunded army

The former head of the British Army has accused former prime ministers Tony Blair and Gordon Brown of forcing the military to fight in Iraq and Afghanistan without adequate funding. Gen. Richard Dannatt said in book extracts published Sunday that Blair ``
Published 06 Sep, 2010 12:00am
Ban calls for poverty aid to match financial-crisis spending

Ban calls for poverty aid to match financial-crisis spending

Rich countries should be just as active earmarking funds to meet the United Nations' poverty-fighting goals as they did to fight the financial crisis, UN Secretary General Ban Ki-moon said Saturday at a conference in Austria.
Published 06 Sep, 2010 12:00am
APML's meeting held

APML's meeting held

A meeting of All Pakistan Muslim League (APML) Hunza chapters held here Sunday. The meeting was presided over by Ijlal Hussain, district organiser of APML. Addressing to the participants, he said, popularity of APML in the region illustrates the love of p
Published 06 Sep, 2010 12:00am
Breach in Suprio bund widens to 150 feet

Breach in Suprio bund widens to 150 feet

Floodwater is gushing towards Mehar as the breach in Suprio bund has widened to 150-feet. Around 80 percent population of the Mehar city has been moved to safe places while thousands of people are working to fill the cracks in Juhi Bund on self-help basis
Published 06 Sep, 2010 12:00am
Efforts on to save Dadu city

Efforts on to save Dadu city

After causing breach in Tori Bund and passing through Jacobabad and Shahdadkot, Ahmal Lake, MNV Drain and FP Bund, the deluge continued spreading devastation across three Dadu tehsils including Mehar, Khairpur Nathan Shah and Johi. Dadu city is also under
Published 06 Sep, 2010 12:00am
Floods give renewed clout to Army

Floods give renewed clout to Army

The message in black Urdu lettering on a white sack of supplies for flood relief says it all: "In tough times, the Pakistan Army is with you". The powerful military has taken the lead in providing relief - dwarfing the civilian government - and in doing s
Published 06 Sep, 2010 12:00am
Household items distributed among 400 families

Household items distributed among 400 families

On the instructions of Chief Minister Punjab Shahbaz Sharif, household items were distributed among 400 poorest families of two flood affected localities, Mohana and Abbas Wala of Tehsil Kot Addu district Muzaffargarh, by Member National Assembly Muhammad
Published 06 Sep, 2010 12:00am
Indonesian medical team arrives

Indonesian medical team arrives

Indonesia realising the magnitude of the natural disaster due to unprecedented floods in Jamshoro and flood-hit areas, has dispatched a 24 member medical team to join the Pakistani authorities to extend emergency medical relief to the people of the flood-
Published 06 Sep, 2010 12:00am
'Punjab government to generate maximum job opportunities for youth'

'Punjab government to generate maximum job opportunities for youth'

Punjab Chief Minister Shahbaz Sharif has said that government has decided to generate maximum job opportunities for the educated youth in the flood-hit areas. He said in addition to providing facilities of vocational education, small loans will also be of
Published 06 Sep, 2010 12:00am
Mobile health service to be started in affected areas

Mobile health service to be started in affected areas

Punjab government has decided to immediately start a mobile health service in the flood-affected areas for providing health facilities where Basic Health Units (BHU) and Rural Health Centres (RHC) have been demolished and become non-functional.
Published 06 Sep, 2010 12:00am
LPG prices: SHV Energy says following Ogra directives

LPG prices: SHV Energy says following Ogra directives

SHV Energy Pakistan has said that it is completely following the directives of the Oil and Gas Regulatory Authority (Ogra) regarding the notified prices of LPG. "We have never been non-compliant to any of the Ogra directives and are currently adhering to
Published 06 Sep, 2010 12:00am
Altaf urges Army to bring revolution

Altaf urges Army to bring revolution

Muttahida Qaumi Movement (MQM) chief Altaf Hussain once again urged Pakistan Army to help bring 'revolution' in the country, saying "patriotic army generals" are those who would open fire on corrupt politicians and not on the innocent citizens of Pakistan
Published 06 Sep, 2010 12:00am
'Route violation by Quds rally led to Quetta suicide attack'

'Route violation by Quds rally led to Quetta suicide attack'

Home Minister Balochistan Mir Zafrullah Zehri on Sunday described violation of devised route by the procession held to mark Youmal Quds in Quetta on Friday last, as main reason of suicide attack at Mezan Chowk, the commercial hub of Quetta city.
Published 06 Sep, 2010 12:00am
Funeral prayers of NH&MP officers offered

Funeral prayers of NH&MP officers offered

The funeral prayers of three National Highways & Motorway Police (NH&MP) Senior Patrolling Officers (SPOs) Rana Imtiaz Hussain, Qasim Ahmed and Adnan Gull who died in a traffic accident on Monday while performing their duties were offered in their natives
Published 06 Sep, 2010 12:00am
World Bank for extending Punjab Municipal Services Improvement Project

World Bank for extending Punjab Municipal Services Improvement Project

The World Bank has proposed that the Punjab Municipal Services Improvement Project should extend from December 31, 2010 to November 30, 2012 for promotion of the institutional development (ID) activities to a broader set of Tehsil Municipal Administration
Published 06 Sep, 2010 12:00am
Government not to spare any terrorist: Firdous Awan

Government not to spare any terrorist: Firdous Awan

Federal Minister for Population Planning Dr Firdous Ashiq Awan has said the government will never spare enemies of Islam and Pakistan who are killing innocent people. Talking to the media after visiting injured people of the Gamay Shah blast at Mayo Hospi
Published 06 Sep, 2010 12:00am
Items consumed in Ramazan like grams, fruits others sustain rising trend

Items consumed in Ramazan like grams, fruits others sustain rising trend

The items like chana, masoor, wheat, fruits consumers keenly buy during Ramazan sustained rise during the week ended on September 4, 2010. On Monday few changes were marked on the commodities wholesale markets where masoor Canada rose by Rs 200 to Rs 7600
Published 06 Sep, 2010 12:00am
Cotton market may find direction after Eid holidays

Cotton market may find direction after Eid holidays

Pakistan Cotton Ginners' Association has released its periodical cotton figures according to which seed-cotton equivalent of 0.995 million bales reached ginneries by 1st September, 2010 against 1.291 million bales received last year - a decrease of about
Published 06 Sep, 2010 12:00am
Cotton market may find direction after Eid holidays

Cotton market may find direction after Eid holidays

Pakistan Cotton Ginners' Association has released its periodical cotton figures according to which seed-cotton equivalent of 0.995 million bales reached ginneries by 1st September, 2010 against 1.291 million bales received last year - a decrease of about
Published 06 Sep, 2010 12:00am
Contract to widen Kashmir Highway signed

Contract to widen Kashmir Highway signed

The Capital Development Authority Sunday awarded a contract to widen northern carriageway of Kashmir Highway costing almost Rs 1.85 billion rupees as the matter of first phase is yet subjudice with the court.
Published 06 Sep, 2010 12:00am
Eight killed as speeding van hits tree

Eight killed as speeding van hits tree

Eight people were killed and 12 others injured as a van, taking some Christians to a religious ceremony in Maryamabad, hit a roadside tree. Police said the van was going to Maryamabad, Khankah Dogran to participate in a religious fair. It met the accident
Published 06 Sep, 2010 12:00am
Election today: Aptma needs a saviour, not simply a chairman

Election today: Aptma needs a saviour, not simply a chairman

About 250 eligible voters of All Pakistan Textile Mills Association (Aptma) will stamp their ballot papers on Monday,September 6 to elect a leadership with clear-cut vision of future challenges, impartial behaviour and a spirit to do collective good in th
Published 06 Sep, 2010 12:00am
Fighting between two groups leaves five dead

Fighting between two groups leaves five dead

Five persons were killed and four others injured when furious fighting erupted between two Afghans groups in Dargai Refugees Camp on petty dispute, police said here on Sunday. The fighting between two groups erupted because of petty dispute on Saturday an
Published 06 Sep, 2010 12:00am
Milk price raised by Rs 4

Milk price raised by Rs 4

Milkmen have increased milk price by Rs 4 per litre and on Sunday milk was sold at Rs 52 to 54 per litre in the city. The district administration has fixed the milk price at Rs 50 a litre but the milkmen and shopkeepers are selling it at Rs 52 in the city
Published 06 Sep, 2010 12:00am
Bangladesh on alert as anthrax spreads

Bangladesh on alert as anthrax spreads

Bangladesh has put livestock and health officials on high alert after an outbreak of anthrax spread to more districts, infecting 327 people since mid-August, officials said Sunday. The livestock minister suspended all leave and sent teams to the affected
Published 06 Sep, 2010 12:00am
Suicide bomber kills five in southern Russia

Suicide bomber kills five in southern Russia

At least five people were killed and 35 wounded on Sunday when a suicide bomber rammed a car packed with explosives into a military camp in Russia's southern region of Dagestan, security officials said.
Published 06 Sep, 2010 12:00am
Suicide bomber kills five in southern Russia

Suicide bomber kills five in southern Russia

At least five people were killed and 35 wounded on Sunday when a suicide bomber rammed a car packed with explosives into a military camp in Russia's southern region of Dagestan, security officials said.
Published 06 Sep, 2010 12:00am
Distributors inform FBR: levy of turnover tax has serious implications

Distributors inform FBR: levy of turnover tax has serious implications

Leading distributors of Karachi and their associations have categorically informed the Federal Board of Revenue (FBR) that imposition of one percent turnover tax on the distributors, which is a high volume low profit business, would result in extraordinar
Published 06 Sep, 2010 12:00am
Distributors inform FBR: levy of turnover tax has serious implications

Distributors inform FBR: levy of turnover tax has serious implications

Leading distributors of Karachi and their associations have categorically informed the Federal Board of Revenue (FBR) that imposition of one percent turnover tax on the distributors, which is a high volume low profit business, would result in extraordinar
Published 06 Sep, 2010 12:00am
Distributors inform FBR: levy of turnover tax has serious implications

Distributors inform FBR: levy of turnover tax has serious implications

Leading distributors of Karachi and their associations have categorically informed the Federal Board of Revenue (FBR) that imposition of one percent turnover tax on the distributors, which is a high volume low profit business, would result in extraordinar
Published 06 Sep, 2010 12:00am
Indian military tests supersonic cruise missile

Indian military tests supersonic cruise missile

India successfully tested on Sunday a BrahMos supersonic cruise missile as part of ongoing trials to fine-tune its ability to hit targets, an official said. Nuclear-armed rivals India and Pakistan regularly test missiles, and normally only give each other
Published 06 Sep, 2010 12:00am
Indian military tests supersonic cruise missile

Indian military tests supersonic cruise missile

India successfully tested on Sunday a BrahMos supersonic cruise missile as part of ongoing trials to fine-tune its ability to hit targets, an official said. Nuclear-armed rivals India and Pakistan regularly test missiles, and normally only give each other
Published 06 Sep, 2010 12:00am
South Korean companies expected to invest $500 million: Mandviwalla

South Korean companies expected to invest $500 million: Mandviwalla

On his return from South Korea and Japan, Minister of State and Chairman Board of Investment, Saleem H. Mandviwalla, tells Business Recorder's Islamabad staff reporters Wasim Iqbal, Zaheer Abbasi and Aisha Sadaf that South Korean companies are expected to
Published 06 Sep, 2010 12:00am
South Korean companies expected to invest $500 million: Mandviwalla

South Korean companies expected to invest $500 million: Mandviwalla

On his return from South Korea and Japan, Minister of State and Chairman Board of Investment, Saleem H. Mandviwalla, tells Business Recorder's Islamabad staff reporters Wasim Iqbal, Zaheer Abbasi and Aisha Sadaf that South Korean companies are expected to
Published 06 Sep, 2010 12:00am
South Korean companies expected to invest $500 million: Mandviwalla

South Korean companies expected to invest $500 million: Mandviwalla

On his return from South Korea and Japan, Minister of State and Chairman Board of Investment, Saleem H. Mandviwalla, tells Business Recorder''s Islamabad staff reporters Wasim Iqbal, Zaheer Abbasi and Aisha Sadaf that South Korean companies are expected t
Published 06 Sep, 2010 12:00am
President felicitates Sonia Gandhi

President felicitates Sonia Gandhi

President Asif Ali Zardari on Sunday evening had a telephonic conversation with Indian Congress leader Sonia Gandhi and felicitated her on election for the fourth time as President of the Congress Party. She thanked the President for the message of felici
Published 06 Sep, 2010 12:00am
President felicitates Sonia Gandhi

President felicitates Sonia Gandhi

President Asif Ali Zardari on Sunday evening had a telephonic conversation with Indian Congress leader Sonia Gandhi and felicitated her on election for the fourth time as President of the Congress Party. She thanked the President for the message of felici
Published 06 Sep, 2010 12:00am
Bangladesh on alert as anthrax spreads

Bangladesh on alert as anthrax spreads

Bangladesh has put livestock and health officials on high alert after an outbreak of anthrax spread to more districts, infecting 327 people since mid-August, officials said Sunday. The livestock minister suspended all leave and sent teams to the affected
Published 06 Sep, 2010 12:00am
MONEY WEEK: nothing to rejoice on Washington moots

MONEY WEEK: nothing to rejoice on Washington moots

At a time when economic losses are estimated in no less than billions of dollars, a little less than half a billion dollar emergency assistance by the country's prime lender will do no wonder to the relief and reconstruction efforts. The IMF has kept in v
Published 06 Sep, 2010 12:00am
MONEY WEEK: nothing to rejoice on Washington moots

MONEY WEEK: nothing to rejoice on Washington moots

At a time when economic losses are estimated in no less than billions of dollars, a little less than half a billion dollar emergency assistance by the country's prime lender will do no wonder to the relief and reconstruction efforts. The IMF has kept in v
Published 06 Sep, 2010 12:00am
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