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Print - 2010-09-10
Gold little changed in London trade

Gold little changed in London trade

Gold was little changed within sight of its recent all-time highs on Thursday, recovering from an earlier drop on upbeat US labour data as investors remained unconvinced of the resilience of the world's largest economy. Gold has risen by some 15 percent i
Published 10 Sep, 2010 12:00am
US MIDDAY: coffee down

US MIDDAY: coffee down

Arabica futures dipped early on Thursday but remained near Wednesday's 13-1/4 year high, within sight of the key $2 a lb level, while raw sugar rose to a 6-month top and London cocoa touched a one-year low. ICE second-month coffee was down 1.8 cent or 0.9
Published 10 Sep, 2010 12:00am
US MIDDAY: wheat, corn up; soya down

US MIDDAY: wheat, corn up; soya down

Chicago Board of Trade grain and soy complex trends at 10:15 am CDT (1515 GMT) Thursday. September wheat up 15-1/4 cents at $6.94 a bushel; December up 16 at $7.27. Technical short-covering bounce after two-day sell-off; news of US HRW wheat sales adds su
Published 10 Sep, 2010 12:00am
US MIDDAY: copper tumbles

US MIDDAY: copper tumbles

US copper futures closed at their lowest levels in more than one week on Thursday, hit by talk of a Chinese investigation into trading in the Shanghai rubber market, which outweighed better-than-expected labour market data. Copper for December delivery sa
Published 10 Sep, 2010 12:00am
US MIDDAY: gold loses ground

US MIDDAY: gold loses ground

Gold prices swooned further on Thursday, adding to losses in light volume as some investors unwound safe-haven trades, setting off automatic sell orders on the way down. Earlier, gold prices came off modestly when US weekly filings for unemployment benefi
Published 10 Sep, 2010 12:00am
Profit after tax of NML increases to Rs 2.915 billion

Profit after tax of NML increases to Rs 2.915 billion

The profit after tax of Nishat Mills Limited (NML) has increased to Rs 2.915 billion in the year ended June 30, 2010 (FY10) as compared to Rs 1.268 billion earned in the corresponding period in FY09. The board of directors of the company in its meeting he
Published 10 Sep, 2010 12:00am
Profit after tax of NML increases to Rs 2.915 billion

Profit after tax of NML increases to Rs 2.915 billion

The profit after tax of Nishat Mills Limited (NML) has increased to Rs 2.915 billion in the year ended June 30, 2010 (FY10) as compared to Rs 1.268 billion earned in the corresponding period in FY09. The board of directors of the company in its meeting he
Published 10 Sep, 2010 12:00am
Yousufzai takes over as director general CAA

Yousufzai takes over as director general CAA

Nadeem Khan Yousufzai has assumed the charge of Director General, Pakistan Civil Aviation Authority. Nadeem did his B.Sc. (Avionics) degree from Risalpur, Peshawar University. He has flown national carrier for 35 years including instructional assignments
Published 10 Sep, 2010 12:00am
Government plans distributing free seed, fertilisers to farmers: Zardari

Government plans distributing free seed, fertilisers to farmers: Zardari

President Asif Ali Zardari said Thursday that greatest damage was caused to agriculture sector in the floods and seed and fertilisers will be distributed free-of-cost among the flood-hit small farmers all over the country. He was talking to members of FPC
Published 10 Sep, 2010 12:00am
Inter-city transporters increase fares

Inter-city transporters increase fares

The operators of the inter-city air-conditioned and local buses have arbitrarily raised the fares on all the upcountry routes because of an increase in the number of passengers travelling to their hometowns for Eid-ul-Fitr, it is learnt. The fares have be
Published 10 Sep, 2010 12:00am
CAA & PIA on watch list

CAA & PIA on watch list

At a time when the air safety violations by PIA and waivers granted in Air Navigation Orders (ANOs) by Civil Aviation Authority (CAA) have put both on the watch list of international safety organisations, restoring the credibility of CAA would be a daunti
Published 10 Sep, 2010 12:00am
Bank robbed in Latifabad

Bank robbed in Latifabad

Five armed men robbed a private bank located in Latifabad on Thursday morning. A private channel reported that robbers looted Rs 30.8 million, injuring one guard and a policeman. The armed men managed an easy escape. Police cordoned off the area soon afte
Published 10 Sep, 2010 12:00am
Gold prices stay firm on local market

Gold prices stay firm on local market

Gold prices on Thursday remained unchanged at Rs 39, 850 per tola just Rs 100 low from last historic high on the local market, traders said. "Market closed as bullion rates unchanged although the international price of gold has declined to $1255 an ounce
Published 10 Sep, 2010 12:00am
TDAP to participate in two international fairs in Russia

TDAP to participate in two international fairs in Russia

Trade Development Authority of Pakistan (TDAP) will participate two international fairs in Russia to promote the country export items mainly textile, rice fruit and vegetables, this month. The two different fairs would be held in Moscow from September 14
Published 10 Sep, 2010 12:00am
Fresh currency notes worth Rs 96.93 billion issued during Ramazan

Fresh currency notes worth Rs 96.93 billion issued during Ramazan

The SBP Banking Services Corporation has issued fresh currency notes worth Rs 96.93 billion to the commercial banks between 2nd Ramazan-ul-Mubarak to 29th Ramazan-ul-Mubarak (12th August to 9th September, 2010), the last working day before Eid-ul Fitr. Ac
Published 10 Sep, 2010 12:00am
Living under open sky

Living under open sky

In Karachi, thousands of flood victims are living both sides of Main National Highway and Super Highway along with their families under open sky and also a large number under bridges, parks etc. They are facing more difficulties as compared to those who a
Published 10 Sep, 2010 12:00am
Two years of democratic presidency

Two years of democratic presidency

The nation is marking not just two years of President Asif Ali Zardari in office, but, in fact marking his two years of election and working of a democratic presidency in Pakistan. A democratically elected President is unprecedented in Pakistan's history.
Published 10 Sep, 2010 12:00am
A case for changing role of Senate

A case for changing role of Senate

The present composition of the Senate, its role in parliamentary democracy and the manner in which the Senators are elected does not seem to satisfy the present day requirements when the country is facing tremendous challenges in all walks of life. Weakne
Published 10 Sep, 2010 12:00am
Raising funds for flood-affected people

Raising funds for flood-affected people

Faced with the daunting challenge of relief and rehabilitation of flood affected people and areas, the governments-central and provincial-must introduce emergency tax measures. These measures should tax the rich and mighty rather than imposing new levies
Published 10 Sep, 2010 12:00am
The bloody week

The bloody week

It is comforting to hear from a military officer that the operation in Orakzai, which had gone on for more than five months, has finally cleared 90 percent of the Agency of terrorists and that it is now being called off. What remains highly disconcerting,
Published 10 Sep, 2010 12:00am
Depreciation of the rupee

Depreciation of the rupee

The Pak rupee or PKR has been losing ground against major international currencies in the recent past. On 7th September, it fell to a record low versus the US dollar, losing 17 paisas for buying at Rs 86.01 and 18 paisas for selling at Rs 86.06 in the int
Published 10 Sep, 2010 12:00am
Karachi University students to celebrate Eid with survivors

Karachi University students to celebrate Eid with survivors

The students and faculty of the Department of Visual Studies, University of Karachi, will celebrate Eid-ul-Fitr with flood affectees. This was announced by the Chairperson of the Department, Durriya Kazi, on Thursday. She said that the students and facult
Published 10 Sep, 2010 12:00am
APWA distributes Eid gifts

APWA distributes Eid gifts

All Pakistan Women Association (APWA) has sent Eid gifts to flood affected people of Rahim Yar Khan and DG Khan along with necessary food items here on Thursday. According to the association's spokesman, the members of Executive Committee of APWA Punjab d
Published 10 Sep, 2010 12:00am
World community disburses $338.40 million

World community disburses $338.40 million

World community has disbursed $338.40 million for early recovery of flood-affected people in Pakistan against total pledges of $1233.35 million. According to a report, as on September 8, United States (US) has pledged $154.50 million grant for relief of f
Published 10 Sep, 2010 12:00am
'Kasur, Okara and Pakpattan districts under flood threats'

'Kasur, Okara and Pakpattan districts under flood threats'

The Flood Forecasting Division (FFD) issued on Thursday a flood alert for Sutlej river warning the people of Kasur, Okara and Pakpattan residing in the low lying areas to take precautionary measures. Chief Meteorologist, Akram Anjum said that the present
Published 10 Sep, 2010 12:00am
Malaysian Council donates vanaspati, edible oil

Malaysian Council donates vanaspati, edible oil

Malaysian Palm Oil Council (MPOC), an Association of Palm Oil Refiners in Malaysia, has donated vanaspati and edible oil worth 450,000 dollars to be distributed amongst the flood-affected people in various camps of Pakistan.
Published 10 Sep, 2010 12:00am
PML-Q leader lashes out at Punjab government

PML-Q leader lashes out at Punjab government

Chaudhry Zaheeruddin, a senior central leader of Pakistan Muslim League-Q, has lashed out at Shahbaz Sharif's 'flood politics' and dubbed it as a 'pack of lies'. He also condemned Shahbaz's administration for claiming to give financial help before Eid to
Published 10 Sep, 2010 12:00am
CIT sector's role for survivors lauded

CIT sector's role for survivors lauded

The Computer and Information Technology (CIT) sector has played commendable role in providing relief to flood affectees throughout Pakistan. However, more co-ordinated work would be the outreach of the industry to maximum number of effectees. According to
Published 10 Sep, 2010 12:00am
'Healthcare facilities worth Rs 3.9 billion damaged in Sindh'

'Healthcare facilities worth Rs 3.9 billion damaged in Sindh'

Floods damaged 139 healthcare facilities worth Rs 3.9 billion in 12 districts of the Sindh province. This was stated by Captain Abdul Majid (Retd), Special Secretary, Sindh Health Department at a press conference here on Thursday. He said 139 healthcare f
Published 10 Sep, 2010 12:00am
US-funded NGO operating in five districts

US-funded NGO operating in five districts

The United States government is funding a non-governmental organisation that is staffing 26 mobile medical teams, 18 teams operating in Nowshera, Charsadda and Peshawar districts, and eight in Kohat and Hangu districts. Each mobile health team includes a
Published 10 Sep, 2010 12:00am
Mobilink employees distribute Eid gifts

Mobilink employees distribute Eid gifts

Mobilink, Pakistan's market leader in cellular services and a part of Orascom Telecom Holding, carried out a special relief activity in which its employees distributed 'Eid Gift Packs' among the flood victims at various relief camps in Multan. Eid gifts'
Published 10 Sep, 2010 12:00am
Kotri Barrage still in 'high flood'

Kotri Barrage still in 'high flood'

River Indus at Kotri Barrage is still flowing in high flood and it would remain in the same position at this station during next 24 hours, irrigation officials said on Tuesday. They said the River Indus at Kotri is in high flood where the upstream is reco
Published 10 Sep, 2010 12:00am
People urged to give 'Fitrana' for flood survivors

People urged to give 'Fitrana' for flood survivors

Punjab Finance Minister Tanvir Ashraf Kaira on Thursday appealed to the nation to give 'Fitrana' to flood affected people. According to an official, the minister said he would celebrate Eidul Fitr with flood affected people at Muzaffargarh to express soli
Published 10 Sep, 2010 12:00am
LCCI felicitates Shahid Kardar

LCCI felicitates Shahid Kardar

The Lahore Chamber of Commerce and Industry on Thursday felicitated newly appointed Governor of State Bank of Pakistan (SBP) Shahid Hafeez Kardar and hoped that being an experienced economist he would utilise his best abilities for the economic well-being
Published 10 Sep, 2010 12:00am
Contempt of court petition filed against former NAB official

Contempt of court petition filed against former NAB official

A contempt of court petition against former Prosecutor general National Accountability Bureau (NAB) Irfan Qadir has been filed before the Supreme Court. Petitioner Javed Iqbal Jaffrey contended in his petition that the respondent Irfan Qadir committed con
Published 10 Sep, 2010 12:00am
LCCI outraged at remarks of Florida Pastor

LCCI outraged at remarks of Florida Pastor

The Lahore Chamber of Commerce and Industry has taken a very strong exception to the statement of a Florida State Pastor and demanded of the government to make it clear to the US government that any such step by any US citizen is bound to evoke strong rea
Published 10 Sep, 2010 12:00am
ITP finalises traffic plan for 'Chand Raat', Eid

ITP finalises traffic plan for 'Chand Raat', Eid

Islamabad Traffic Police (ITP) have finalised the special traffic deployment for 'Chand Raat' and 'Eidul Fitr' and extra duties to ITP personnel have been assigned in markets, shopping areas, mosques and public parks to maintain the smooth traffic flow fo
Published 10 Sep, 2010 12:00am
PEF Eid holidays

PEF Eid holidays

Punjab Education Foundation (PEF)'s head office, situated in Lahore, and two regional offices in Rawalpindi and Multan districts will remain closed from September 10 to September 13 on account of Eid-ul-Fitr holidays, said a departmental notification.
Published 10 Sep, 2010 12:00am
Chief Justice LHC orders release of 62 prisoners

Chief Justice LHC orders release of 62 prisoners

Chief Justice of Lahore High Court, Khawaja Muhammad Sharif on Thursday visited Kot Lakhpat jail and issued release orders of 62 prisoners involved in minor offences. During his two-hour long visit the chief justice heard the problems of the inmates and i
Published 10 Sep, 2010 12:00am
Lawyers rally against plan to burn copies of Holy Quran

Lawyers rally against plan to burn copies of Holy Quran

The High Court lawyers and citizens body on Thursday organised a rally under the leadership of President Jamshed Hayat Sheikh, General Secretary, Riaz-ul-Hassan, former president of HCBA, Khalid Ashraf Khan and President of Mutahidda Shehri Mahaz, Tariq N
Published 10 Sep, 2010 12:00am
Burning of Holy Quran copies: Nawaz castigates US priest pronouncement

Burning of Holy Quran copies: Nawaz castigates US priest pronouncement

Pakistan Muslim League chief Nawaz Sharif has castigated the pronouncement of priest Terry Jones of Florida, USA, that copies of holy Quran will be burnt on September 11 to commemorate the attack on New York's twin towers years ago. "This announcement by
Published 10 Sep, 2010 12:00am
Formalisation of divorce: LHC seeks assistance of law officer

Formalisation of divorce: LHC seeks assistance of law officer

The Chief Justice of Lahore High Court on Thursday sought assistance of the law officer on a law point whether or not a notice through chairman union council concerned was mandatory for execution of divorce. The chief justice was hearing a bail petition o
Published 10 Sep, 2010 12:00am
Widespread rains likely across Sindh in next two days

Widespread rains likely across Sindh in next two days

Meteorological department has forecasted wide spread rain/thundershowers at a number of places in Sindh particularly in Hyderabad, Mirpur Khas, Nawabshah and Tharparkar divisions during the next two days. Rain/thundershowers are also expected.
Published 10 Sep, 2010 12:00am
Transfers and postings of judges

Transfers and postings of judges

Lahore High Court chief justice has made transfers and postings of 18 additional district & sessions judges (AD&SJ), six senior civil judges and 50 civil judges-cum-judicial magistrates, said a notification.
Published 10 Sep, 2010 12:00am
PTCL pays salary to 25,000 employees

PTCL pays salary to 25,000 employees

More than 25,000 employees have been paid their salaries in the past couple of days and the remaining 3,900 employees' salaries are also being processed to be paid as soon as these employees resume their duties, says press release. PTCL employees resumed
Published 10 Sep, 2010 12:00am
APML to be launched on October 1 in London

APML to be launched on October 1 in London

Former President Pervez Musharraf will launch the All Pakistan Muslim League (APML) formally on October 1 in London. The APML sources told Business Recorder that close aides of Musharraf were persuading legislators of the PML-Q, PML-Like Minded Gro
Published 10 Sep, 2010 12:00am
Five gangs involved in car snatching, dacoities busted

Five gangs involved in car snatching, dacoities busted

Islamabad Police while tightening the noose of criminals have busted five gangs involved in car snatching, dacoities and other crimes and arrested 20 outlaws while 55 other criminals were arrested during the operation.
Published 10 Sep, 2010 12:00am
Secretary General of Interpol urged to restrict pastor

Secretary General of Interpol urged to restrict pastor

Federal Minister for Interior, Rehman Malik has called upon Secretary General of the Interpol, Ronald K. Noble to restrict Pastor Terry Jones from burning the copies of Holy Quran on September 11. In a letter addressed to chief of the Interpol, Malik invi
Published 10 Sep, 2010 12:00am
ICT, police evolve comprehensive security plan for Eid

ICT, police evolve comprehensive security plan for Eid

Islamabad Capital Territory (ICT) administration and Islamabad Police have evolved a comprehensive security plan for Eid-ul-Fitr and decided to deploy over 2,500 police personnel, Anti Terrorist Squad officials and dozens of police vehicles to ensure peac
Published 10 Sep, 2010 12:00am
Heritage Museum announces holiday

Heritage Museum announces holiday

The Pakistan National Museum of Ethnology, popularly called as Heritage Museum at Lok Virsa will remain closed on the first day of Eid-ul-Fitr. Lok Virsa's Deputy Director Anwaar-ul-Haq on Thursday said that museum would re-open on the second day of Eid a
Published 10 Sep, 2010 12:00am
Three robbers held with stolen iron

Three robbers held with stolen iron

Zafar Awan, a security officer Pakistan Steel along with other security guards foiled an attempt of steel theft and caught 3 robbers red handed, who were trying to steal about 8 metric tons of iron from Pakistan Steel. They also opened fire when they were
Published 10 Sep, 2010 12:00am
Aptma chief criticises restriction on cotton yarn export

Aptma chief criticises restriction on cotton yarn export

Shahzad Ahmed, Chairman, All Pakistan Textile Mills Association (Aptma) has said that restriction on export of cotton yarn, which was abolished on July 26, 2010 had created huge problems for the spinning industry and in fact it became extremely difficult
Published 10 Sep, 2010 12:00am
Establishing banking channels between Pakistan and Iran stressed

Establishing banking channels between Pakistan and Iran stressed

Abdul Majid Haji Muhammad, President, Karachi Chamber of Commerce and Industry (KCCI), sees bilateral trade ties between Iran and Pakistan to further strengthen. He stressed the need of establishing Iranian bank branches in Pakistan and Pakistani Bank bra
Published 10 Sep, 2010 12:00am
Modern communicative ways replace Eid cards

Modern communicative ways replace Eid cards

The increasing use of SMS and Internet for people greeting each other on Eid has decreased the sale of greeting cards, having adverse effects on card printing industry and revenue of Pakistan post office. It is a tradition that every year, a very large nu
Published 10 Sep, 2010 12:00am
Cotton crop management plan issued

Cotton crop management plan issued

The agriculture department, Punjab, has issued the cotton crop management plan for the current fortnight under contemporary conditions. According to the plan, farmers have been advised to remove weeds in and around cotton field by careful application of g
Published 10 Sep, 2010 12:00am
Uninterrupted ATM services during Eid holidays stressed

Uninterrupted ATM services during Eid holidays stressed

MNET - the pioneer of ATM network and e-banking services in Pakistan has advised its participant banks to meet expectations of cardholders through uninterrupted availability of ATM services during Eid holidays. MNET duly considers ATM service as the prima
Published 10 Sep, 2010 12:00am
Karachi receives rainfall, more rains likely today

Karachi receives rainfall, more rains likely today

The city received another short spell of monsoon rains on Thursday and according to the Pakistan Meteorological Department (PMD) forecast the city is likely to get more rains on Friday (today). Due to the heavy rain commuters had to face many problems. Th
Published 10 Sep, 2010 12:00am
Public friendly soft policing campaign observed

Public friendly soft policing campaign observed

On the directions of Dr Wasim Kausar Inspector General National Highways and Motorway Police N-5 Central observed public friendly soft policing campaign through out the zone on national highways in order to maintain the standards of efficiency and profess
Published 10 Sep, 2010 12:00am
Shahid Kardar's appointment felicitated

Shahid Kardar's appointment felicitated

Pakistan Industrial and Traders Associations Front (PIAF) has congratulated the newly-appointed Governor State of Bank (SBP), Shahid Hafeez Kardar and hoped that the bank, under his leadership, would put the country out of the crises it was going through.
Published 10 Sep, 2010 12:00am
Textile industry's present situation demands unity

Textile industry's present situation demands unity

Gohar Ejaz, Chairman All Pakistan Textile Mills Association (Aptma) Punjab has rolled out Aptma future strategy stating that the prevailing textile industry situation demands largescale unity and active participation and input from all members on managing
Published 10 Sep, 2010 12:00am
Foolproof security arrangements on Eid directed

Foolproof security arrangements on Eid directed

Punjab Chief Minister Shahbaz Sharif has directed that foolproof security arrangements should be made on Jumatul-Mubarak and Eid-ul-Fitr and police should remain fully alert for the protection of the lives and properties of the people and maintenance of a
Published 10 Sep, 2010 12:00am
Increased power cuts drop Eid sales

Increased power cuts drop Eid sales

Eid sales could not get impetus even during the last week of Ramazan because of increased unannounced power outages in markets during peak shopping hours. "Traders were already fearful about the trade activities in Karachi which could not get momentum due
Published 10 Sep, 2010 12:00am
Cuts in river embankments: Qaim rejects allegations as baseless

Cuts in river embankments: Qaim rejects allegations as baseless

Chief Minister Sindh, Syed Qaim Ali Shah has categorically rejected allegations of artificial cuts in river embankments and not evacuating the people under threat to safer places, and termed it a propaganda and conspiracy against the elected government be
Published 10 Sep, 2010 12:00am
Chhipa Welfare distributes Eid gifts

Chhipa Welfare distributes Eid gifts

The volunteers of Chhipa Welfare Association distributed Eid gifts among the flood affectees in relief camps established in the metropolis. An announcement on Thursday said that these gifts were distributed on Thursday. Head of the Association, Ramzan Chh
Published 10 Sep, 2010 12:00am
BoP extending help, support to flood-hit people

BoP extending help, support to flood-hit people

Pakistan is reeling from the brutal ever-massive floods. Millions are living at the roadsides and their homes and villages have been washed away and completely destroyed. This devastation is still continuing. The current floods have surpassed all the prev
Published 10 Sep, 2010 12:00am
NAB produces property/share documents of Sharif family before LHC

NAB produces property/share documents of Sharif family before LHC

National Accountability Bureau (NAB) on Thursday produces property and shares documents owned by Sharif family before the Lahore High Court which it had confiscated to recover fine imposed on former prime minister Nawaz Sharif by special courts in cases o
Published 10 Sep, 2010 12:00am
Oxfam warns of health catastrophe

Oxfam warns of health catastrophe

International aid agency Oxfam on Thursday warned of a public health catastrophe in floods-hit areas of Pakistan. The aid agency said while funding had stalled in recent weeks, the number of cases of reported disease, numbers of people displaced, and numb
Published 10 Sep, 2010 12:00am
China to extend $30 million more relief aid

China to extend $30 million more relief aid

The Government of People's Republic of China will provide an additional relief assistance of dollars 30 million in next few days for flood affectees of Pakistan. "It will bring total aid to flood affectees to dollars 50 million," Chinese Ambassador in Pak
Published 10 Sep, 2010 12:00am
Punjab receives Rs two billion as matching grant from federal government

Punjab receives Rs two billion as matching grant from federal government

Punjab government has received Rs 2 billion from the Federal government as matching grant for initial payment of Rs 20,000 to each flood hit family so that they could start the process of rehabilitation and reconstruction, PML (N) leader Pervez Malik, MNA
Published 10 Sep, 2010 12:00am
UN appeals to international community to enhance funding

UN appeals to international community to enhance funding

United Nations (UN) has appealed to the international community to enhance funding to Pakistan's flood affected people as devastating floods have affected the livelihood of over 21 million, damaging 1.8 million houses. Addressing a press conference here o
Published 10 Sep, 2010 12:00am
Safa summit to start from December 11 in Kathmandu

Safa summit to start from December 11 in Kathmandu

A two-day South Asian Federation of Accountants (Safa) summit would start from December 11 in Kathmandu. This was decided in Safa board meeting in Dhaka recently. According to scheduled programme, Safa Forum would be held in Kuala Lumpur on November 8, co
Published 10 Sep, 2010 12:00am
Gamey Shah tragedy: PML-N leader presents cheques to injured persons

Gamey Shah tragedy: PML-N leader presents cheques to injured persons

A senior leader of Pakistan Muslim League-N, Hamza Shahbaz Sharif MNA visited Mayo Hospital and inquired after health of injured persons of Karbala Gamey Shah tragedy. He gave away cheques of Rs 75 thousand as financial assistance to each injured person o
Published 10 Sep, 2010 12:00am
Ghurki takes over as PPP Lahore president

Ghurki takes over as PPP Lahore president

Samina Khalid Ghurki, Federal Social Welfare Minister and special education, has taken over as Pakistan Peoples Party (PPP) Lahore president. Party sources said the party leadership has issued notification regarding the replacement of the Lahore chapter p
Published 10 Sep, 2010 12:00am
Two boys killed: villagers hold rally against fake police encounter

Two boys killed: villagers hold rally against fake police encounter

A large number of villagers staged a big demonstration against Sader Police and staged a sit-in at Chowk GTS, Zila Council and Jaranwala Road against the killing of two boys, Asad Ullah and Muhammad illyas, in a fake police encounter. The protesters inclu
Published 10 Sep, 2010 12:00am
Karachi RTO July-August collections up 59 percent

Karachi RTO July-August collections up 59 percent

Despite unprecedented natural calamity, economic uncertainties and trade imbalances, the Regional Tax Office (RTO), Karachi has witnessed a growth of 59 percent in its collections made during the first two months of the current fiscal year.
Published 10 Sep, 2010 12:00am
Karachi RTO July-August collections up 59 percent

Karachi RTO July-August collections up 59 percent

Despite unprecedented natural calamity, economic uncertainties and trade imbalances, the Regional Tax Office (RTO), Karachi has witnessed a growth of 59 percent in its collections made during the first two months of the current fiscal year.
Published 10 Sep, 2010 12:00am
Karachi RTO July-August collections up 59 percent

Karachi RTO July-August collections up 59 percent

Despite unprecedented natural calamity, economic uncertainties and trade imbalances, the Regional Tax Office (RTO), Karachi has witnessed a growth of 59 percent in its collections made during the first two months of the current fiscal year.
Published 10 Sep, 2010 12:00am
Prompt payment of IT refunds: FBR chalks out new policy

Prompt payment of IT refunds: FBR chalks out new policy

The Federal Board of Revenue (FBR) has chalked out a new policy for prompt payment of income tax refunds under which verification of tax payments would be done before receiving refund applications through electronic data of tax payments. The FBR on Thursd
Published 10 Sep, 2010 12:00am
Prompt payment of IT refunds: FBR chalks out new policy

Prompt payment of IT refunds: FBR chalks out new policy

The Federal Board of Revenue (FBR) has chalked out a new policy for prompt payment of income tax refunds under which verification of tax payments would be done before receiving refund applications through electronic data of tax payments. The FBR on Thursd
Published 10 Sep, 2010 12:00am
Prompt payment of IT refunds: FBR chalks out new policy

Prompt payment of IT refunds: FBR chalks out new policy

The Federal Board of Revenue (FBR) has chalked out a new policy for prompt payment of income tax refunds under which verification of tax payments would be done before receiving refund applications through electronic data of tax payments. The FBR on Thursd
Published 10 Sep, 2010 12:00am
Kidnapped British journalist released

Kidnapped British journalist released

A British journalist held captive by extremists has been released, the British embassy confirmed Thursday. Journalist Asad Qureshi went missing in March while travelling to North Waziristan with a retired army officer who was killed by their captors.
Published 10 Sep, 2010 12:00am
Kidnapped British journalist released

Kidnapped British journalist released

A British journalist held captive by extremists has been released, the British embassy confirmed Thursday. Journalist Asad Qureshi went missing in March while travelling to North Waziristan with a retired army officer who was killed by their captors.
Published 10 Sep, 2010 12:00am
Sixth US missile strike in 24 hours

Sixth US missile strike in 24 hours

A suspected American missile strike killed five alleged militants early Thursday, an intelligence official said, the fourth attack in 24 hours as the US steps up the tactic to keep al Qaida and its allies under pressure. The barrage against houses and a v
Published 10 Sep, 2010 12:00am
Sixth US missile strike in 24 hours

Sixth US missile strike in 24 hours

A suspected American missile strike killed five alleged militants early Thursday, an intelligence official said, the fourth attack in 24 hours as the US steps up the tactic to keep al Qaida and its allies under pressure. The barrage against houses and a v
Published 10 Sep, 2010 12:00am
UK watchdog fines Goldman Sachs $27 million

UK watchdog fines Goldman Sachs $27 million

Britain''s financial watchdog fined Goldman Sachs Group Inc 17.5 million pounds ($27 million) for failing to tell the regulator that it was the subject of a US probe, reviving disclosure headaches for the Wall Street powerhouse. The fine - one of the bigg
Published 10 Sep, 2010 12:00am
UK watchdog fines Goldman Sachs $27 million

UK watchdog fines Goldman Sachs $27 million

Britain's financial watchdog fined Goldman Sachs Group Inc 17.5 million pounds ($27 million) for failing to tell the regulator that it was the subject of a US probe, reviving disclosure headaches for the Wall Street powerhouse. The fine - one of the bigge
Published 10 Sep, 2010 12:00am
UK watchdog fines Goldman Sachs $27 million

UK watchdog fines Goldman Sachs $27 million

Britain's financial watchdog fined Goldman Sachs Group Inc 17.5 million pounds ($27 million) for failing to tell the regulator that it was the subject of a US probe, reviving disclosure headaches for the Wall Street powerhouse. The fine - one of the bigge
Published 10 Sep, 2010 12:00am
The Weather

The Weather

The weather report on Thursday (September 09, 2010) and the forecast for Friday (September 10, 2010).

Published 10 Sep, 2010 12:00am
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