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Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-09-28
Early trade at New York: Euro decline

Early trade at New York: Euro decline

The euro fell from a five-month high against the dollar on Monday as nagging worries about fiscal debt problems in eurozone countries such as Ireland gave traders an excuse to consolidate gains. Monday's downgrade of Anglo Irish Bank's lower-grade debt pu
Published 28 Sep, 2010 12:00am
Euro slips in London

Euro slips in London

The euro lost ground against the dollar on Monday after ratings firm Moody's cut Anglo Irish Bank's lower-grade debt and kept it on review for a downgrade, highlighting concerns over the eurozone banking sector. The euro hit a session low of $1.3426, and
Published 28 Sep, 2010 12:00am
Swiss franc retreats

Swiss franc retreats

The Swiss franc eased from the previous session's 30-month peak against the greenback, but further losses were limited as some in the market speculated the US central bank might resort to further easing measures. Earlier on Monday, the dollar had hovered
Published 28 Sep, 2010 12:00am
Australian dollar at two-year high

Australian dollar at two-year high

The Australian dollar hit a two-year high on Monday as buoyant Asian stocks, a hefty yield advantage, higher commodity prices and a weak US dollar all worked in its favour. The currency's outlook appears so rosy that some investors see it testing its reco
Published 28 Sep, 2010 12:00am
Won hits four-month high

Won hits four-month high

The South Korean won hit an over four-month high against the dollar on Monday, leading overall gains in Asian currencies, as optimism on the US economy pushed up regional stocks to their highest in more than two years. The dollar also fell on suggestions
Published 28 Sep, 2010 12:00am
Yuan extends rally

Yuan extends rally

The yuan extended a rally on Monday even though the central bank lowered its mid-point after nine days of stronger fixings in the face of growing US pressure on Beijing to let the currency rise faster. Before trade began on Monday, the People's Bank of Ch
Published 28 Sep, 2010 12:00am
Euro rates stay stable

Euro rates stay stable

The interbank cost of borrowing euros held broadly steady on Monday as banks held onto extra funds before the repayment later this week of 225 billion euros in loans to the European Central Bank. Key euro interbank could increase moderately in coming week
Published 28 Sep, 2010 12:00am
Indian rupee surges

Indian rupee surges

The Indian rupee breached the 45-per-dollar mark to reach a new four-and-half-month high on Monday, as large foreign investor interest in the domestic stock market amid a clutch of initial public offerings (IPOs) boosted sentiment. The partially convertib
Published 28 Sep, 2010 12:00am
Sharapova knocked out of Pan Pacific Open

Sharapova knocked out of Pan Pacific Open

Defending champion Maria Sharapova fell victim to local favourite Kimiko Date Krumm in the first round of the Pan Pacific Open women's tennis tournament on Monday. The Russian 12th seed, who also won here in 2005, dug her own grave by hitting 11 double fa
Published 28 Sep, 2010 12:00am
Pakistan upset over Games accommodation

Pakistan upset over Games accommodation

Pakistan on Monday rejected as unsatisfactory residential facilities at the Commonwealth Games village in New Delhi, warning organisers to make improvements or provide alternative accommodation.
Published 28 Sep, 2010 12:00am
India vows to have Games village ready

India vows to have Games village ready

India promised to have the athletes' housing for the Commonwealth Games cleaned up by Wednesday, and said workers were labouring at double time to have all facilities ready for the opening ceremony on October 3. The Games aimed to improve India's image as
Published 28 Sep, 2010 12:00am
Premier Football League: Wapda outclass PMC 4-1

Premier Football League: Wapda outclass PMC 4-1

Wapda skipper Arif Mehmood maintained his reputation of scoring in every match of Pakistan Premier Football League but their real hero in Monday's 4-1 win over PMC Athletico Club Faisalabad was Dera Ismail Khan-born Imran Niazi who fired two goals at Garh
Published 28 Sep, 2010 12:00am
Scandal-clad Asif to wed

Scandal-clad Asif to wed

Pakistan paceman Mohammad Asif, who is being investigated by British police in a major spot-fixing scandal, is to celebrate his wedding this week. Asif and bride Sana Hilal signed a formal wedding contract under Islamic law in March, but a series of celeb
Published 28 Sep, 2010 12:00am
Yawar Saeed quits as manager

Yawar Saeed quits as manager

After troublesome tour of Pakistan cricket team to England, Yawar Saeed has resigned from the office of Manager of Pakistan cricket team. A spokesman of Pakistan Cricket Board (PCB) said here on Monday that Yawar Saeed has requested the Chairman PCB to be
Published 28 Sep, 2010 12:00am
Pakistan looks to hockey, tennis for glory

Pakistan looks to hockey, tennis for glory

Pakistan has seen a serious slump in performances from its athletes with the country's main hopes at the Commonwealth Games pinned on field hockey and tennis star Aisam-ul-Haq Qureshi. They will compete in seven disciplines in New Delhi - boxing, field ho
Published 28 Sep, 2010 12:00am
Germany marks 20 years reunited but divisions remain

Germany marks 20 years reunited but divisions remain

Germany marks 20 years since reunification next Sunday, an economic powerhouse and confident world player still battling to bridge enduring gaps between the west and former communist east. "Reunified Germany has accomplished great things," said Interior M
Published 28 Sep, 2010 12:00am
Obama signs US small business bill into law

Obama signs US small business bill into law

US President Barack Obama signed a $30 billion small business lending bill into law on Monday, claiming a victory on economic policy for his fellow Democrats ahead of November congressional elections. The law sets up a lending fund for small businesses an
Published 28 Sep, 2010 12:00am
Setback for Chavez in parliamentary election

Setback for Chavez in parliamentary election

Venezuela's opposition won a third of the seats in parliament and claimed a majority of the popular vote in elections on Sunday, boosting its hopes of besting President Hugo Chavez in a 2012 presidential poll. Chavez's Socialist Party retained a majority
Published 28 Sep, 2010 12:00am
Bangladeshi coast guard takes on pirates

Bangladeshi coast guard takes on pirates

Bangladesh's coast guard said Monday they had launched a crackdown on rampant piracy in the country's southern Sunderbans mangrove forests to protect fishermen. Armed pirates routinely rob, kidnap or extort money from fishermen working along the southern
Published 28 Sep, 2010 12:00am
China announces rules to curb land hoarding

China announces rules to curb land hoarding

China on Monday unveiled new rules to curb land hoarding by developers, its latest efforts to pop a feared speculative bubble in the nation's soaring real estate sector. Developers will be banned from bidding for more properties if they have lands idle fo
Published 28 Sep, 2010 12:00am
Paris city hall accepts millions to drop Chirac graft case

Paris city hall accepts millions to drop Chirac graft case

Paris city council on Monday agreed to accept a payment of over 2.2 million euros from France's former president Jacques Chirac and his right-wing UMP party in exchange for dropping a graft case against him. The council voted by 147 to 13 with one abstent
Published 28 Sep, 2010 12:00am
7,400 killed in decade of Middle East violence

7,400 killed in decade of Middle East violence

More than 7,400 people have been killed by Israeli-Palestinian violence since the outbreak of the second Palestinian uprising 10 years ago this month, an Israeli rights group said Monday. The vast majority of the 7,454 killed were Palestinians, who accoun
Published 28 Sep, 2010 12:00am
North Korean leader's son named army general

North Korean leader's son named army general

Secretive North Korea's ailing leader Kim Jong-il has named his youngest son as a military general, state media said early on Tuesday, marking the first stage of a dynastic succession. Kim Jong-il, 68, is believed to have suffered a stroke in 2008, but de
Published 28 Sep, 2010 12:00am
Egypt's former foreign minister dies

Egypt's former foreign minister dies

Egypt's former foreign minister Ahmed Maher died Monday at the age of 75, after suffering from heart problems for several years. Maher, a member of Egypt's National Council for Human Rights, has served as an ambassador in Moscow and Washington in the 1990
Published 28 Sep, 2010 12:00am
Saudi Arabia foiled 230 terror attacks

Saudi Arabia foiled 230 terror attacks

Saudi Arabia's interior minister said his country had foiled 230 planned terror attacks in recent years, with only 10 actually being carried out, local press reported on Monday. "Saudi Arabia is tackling terrorism with all its might and authorities have s
Published 28 Sep, 2010 12:00am
Romanian minister quits after police protest

Romanian minister quits after police protest

Romania's interior minister resigned Monday following a political row sparked when thousands of police took part in an unauthorised protest march on the presidential palace. The resignation of Vasily Blaga immediately heightened concerns about Romania's e
Published 28 Sep, 2010 12:00am
Kosovan president resigns

Kosovan president resigns

Kosovo's President Fatmir Sejdiu resigned on Monday, potentially destabilising the fragile political scene before talks with Belgrade which still refuses to recognise the former Serbian province's independence. Sejdiu bowed to a constitutional court rulin
Published 28 Sep, 2010 12:00am
Russia prepares to open oil pipeline to China

Russia prepares to open oil pipeline to China

Russia and China took a step toward a closer energy relationship on Monday as they prepared to open a pipeline that will bring Siberian crude oil to China, but failed to finalise pricing for a similar pipeline for gas. Russia is rich in energy resources b
Published 28 Sep, 2010 12:00am
China toughens customs clearance for Japan shipments

China toughens customs clearance for Japan shipments

China has toughened customs clearance procedures to delay shipments to and from Japan in the wake of a territorial dispute that continues to fray relations between tthe two, a report said Monday. The move to delay shipments may be in retaliation for Tokyo
Published 28 Sep, 2010 12:00am
New York cotton at new 15-year high

New York cotton at new 15-year high

Cotton futures surged by their daily limit to settle at a new 15-year peak on Monday due to mill and speculative fund buying, with market sources expecting a test of record highs set in 1995 in coming weeks. The initial boost came from mill buying by top
Published 28 Sep, 2010 12:00am
Malaysian palm oil at 15-month high

Malaysian palm oil at 15-month high

Malaysian palm oil hit a 15-month high and other global vegetable oil markets rallied on Monday as traders bet on top buyers China and India snapping up more cargoes in the months to come. An industry conference in Mumbai forecast India will buy a record
Published 28 Sep, 2010 12:00am
Liffe sugar near new contract peak

Liffe sugar near new contract peak

Liffe December white sugar rises $11 to end at $644.10 per tonne on Monday after setting a contract high of $648.30. Dry weather in Brazil, floods in India, low global stocks and strong demand propel prices higher. Liffe December cocoa ended 17 pounds hig
Published 28 Sep, 2010 12:00am
Tokyo rubber futures jump

Tokyo rubber futures jump

Tokyo rubber futures marked a five-month closing peak on Monday on higher oil and other commodity prices, though their strong momentum waned later in the day as rising domestic inventories eased supply concerns. The key Tokyo Commodity Exchange rubber con
Published 28 Sep, 2010 12:00am
Shanghai copper climbs

Shanghai copper climbs

Shanghai copper hit a five -month high on Monday on supply tightness as the market reopened following a public holiday last week. The cash to three months spread in London copper moved into backwardation last Friday, the first time in more than a year, st
Published 28 Sep, 2010 12:00am
Copper declines

Copper declines

Copper dipped on Monday as metals took a breather from September's rally, and analysts said that given mixed recent US economic data, bullish data would be essential for the metal to crack the $8,000 ceiling. Benchmark copper for three-months delivery on
Published 28 Sep, 2010 12:00am
World oil slips

World oil slips

Oil prices fell on Monday following their biggest weekly gain in two months, tracking US and European equities lower as revived concerns about the eurozone banking sector kept uncertainty about economic recovery and oil demand in focus. An early push to a
Published 28 Sep, 2010 12:00am
Gold powers to an all-time high in Asian trade

Gold powers to an all-time high in Asian trade

Gold powered to an all-time high at $1,300 an ounce on Monday as worries about the health of the global economy spurred buying, with top consumer India also defying high prices during the festive season. Silver, often considered the poor man's gold, rose
Published 28 Sep, 2010 12:00am
Gold hits record $1,300; silver at 30-year high in London

Gold hits record $1,300; silver at 30-year high in London

Gold powered to a record high at $1,300 an ounce on Monday as investors poured cash into the market on worries about global economic health and the possibility of further quantitative easing to stimulate growth. Silver, often considered the poor man's gol
Published 28 Sep, 2010 12:00am
US MIDDAY: sugar soars

US MIDDAY: sugar soars

Raw sugar futures closed at a seven-month high for the second straight day on Monday, while arabica coffee and US cocoa also finished higher. The spot October raw sugar contract surged 0.65 cent or 2.6 percent to close at 26.09 US cents per lb, with most-
Published 28 Sep, 2010 12:00am
US MIDDAY: wheat and corn fall; soya up

US MIDDAY: wheat and corn fall; soya up

A slight rebound in the US dollar triggered technical selling and profit-taking in Chicago Board of Trade grain futures on Monday, traders said. Forecasts for some of the best harvest weather so far this season in the US Midwest this week added pressure o
Published 28 Sep, 2010 12:00am
US MIDDAY: copper lower

US MIDDAY: copper lower

US copper futures ended lower Monday as prices paused after hitting five-month highs, but upside momentum should reassert itself in the days ahead due to a tightening market balance, analysts said. Copper for December delivery dipped 2.10 cents to end at
Published 28 Sep, 2010 12:00am
US MIDDAY: gold hits $1,300, silver at 30-year top

US MIDDAY: gold hits $1,300, silver at 30-year top

Gold hit a record high of $1,300 an ounce on Monday, extending a two-week rally of fresh records on concerns over an economic recovery, before easing off session highs as the dollar rose. Silver tracked the yellow metal higher, rising to a 30-year high bu
Published 28 Sep, 2010 12:00am
SKMCH&RC convocation on September 29

SKMCH&RC convocation on September 29

Shaukat Khanum Memorial Cancer Hospital and Research Centre (SKMCH&RC) is going to hold convocation September 29, 2010 to award degrees of B.Sc. (Hons) in Medical Imaging offered by SKMCH&RC in collaboration with University of Bradford, United Kingdom.
Published 28 Sep, 2010 12:00am
'Social Audit Centre' at Sindh university inaugurated

'Social Audit Centre' at Sindh university inaugurated

The Vice Chancellor (VC), University of Sindh Professor Dr Nazir A. Mughal has said that research is the backbone of development and a major source for generating resources. He was speaking on the occasion of inauguration of "Social Audit Research Centre"
Published 28 Sep, 2010 12:00am
Existing quality, standards laws being modified: Swati

Existing quality, standards laws being modified: Swati

Pakistan Standards and Quality Control Authority (PSQCA) is going to introduce modifications in existing laws to bring the local quality standards with the international level. This was stated by Azam Khan Sawati, Federal Minister for Science and Technolo
Published 28 Sep, 2010 12:00am
TMA office-bearers elected

TMA office-bearers elected

At the annual elections of Towel Manufacturers' Association (TMA) Southern Circle, held on Saturday, Syed Usman Ali was elected as the Chairman and Mehmood Rangobnwala as Vice Chairman. The following were elected Member Southern Circle Committee of the As
Published 28 Sep, 2010 12:00am
Aziz Ahmed named PTA chairman

Aziz Ahmed named PTA chairman

Pakistan Tanners Association (PTA) South Zone has unanimously elected Aziz Ahmed of AMA Leather Industry as Chairman and Hamid A. Zahur, Noor Leather Garments, as Vice Chairman of the association for year 2010-11. Both the leaders have a lot of contributi
Published 28 Sep, 2010 12:00am
Sindh University admissions: schedule notified

Sindh University admissions: schedule notified

The Director Admissions, University of Sindh (SU) has notified a new schedule of pre entry tests for admissions to various degree programmes in the varsity in academic session 2011. He announced that pre entry test for admissions to Masters Degree Program
Published 28 Sep, 2010 12:00am
Decision to reduce Cabinet's size welcomed

Decision to reduce Cabinet's size welcomed

Tariq Sayeed, former president of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has welcomed the decision of the government to reduce the size of Cabinet, stating that it would shorten the volume of non-development expenditures of the
Published 28 Sep, 2010 12:00am
Issue of Watan Card: Nadra registers heads of 3000 families

Issue of Watan Card: Nadra registers heads of 3000 families

Executive District Officer (EDO) Revenue Hyderabad Syed Barkat Ahmed Rizvi has said heads of 3000 families out of 7000 families of IDPs have been registered by Nadra for issuance of Watan Card at Niaz Stadium Hyderabad during the last five days. Talking t
Published 28 Sep, 2010 12:00am
Thal declares 60 percent dividend, 20 percent bonus shares

Thal declares 60 percent dividend, 20 percent bonus shares

Thal Limited after-tax profit increased to Rs 1,366.290 million in the year ended on June 30, 2010 (FY10) as compared to Rs 654.095 million earned in FY09. The company's earning per share (basic and diluted) increased to Rs 26.71 in the period under revie
Published 28 Sep, 2010 12:00am
Officials asked to control expenditure, generate resources

Officials asked to control expenditure, generate resources

Sindh Finance Minister, Syed Murad Ali Shah has called upon the officials of finance department to control expenditure in order to match resources. Expressing his views at a presentation made to him by Resources, Budget, Public Private Partnership Unit In
Published 28 Sep, 2010 12:00am
Bid to smuggle flamingos foiled: one held

Bid to smuggle flamingos foiled: one held

Pakistan Customs Drug Enforcement Cell (DEC) Jinnah International Airport Unit on Monday foiled a bid to smuggle three flamingoes to Muscat with the help of fake documents. According to sources, the action was taken on a tip-off, which revealed that some
Published 28 Sep, 2010 12:00am
Former-Army man, PSM worker shot dead

Former-Army man, PSM worker shot dead

Two more people including an ex-Army man were shot dead in two separate incidents of targeted killing in the city on Monday. Muhammad Bashir, 52, son of Nasruddin was gunned down by pillion riders near Mehran Depot in the jurisdiction of Model Colony poli
Published 28 Sep, 2010 12:00am
Government urged to convene APC on Kashmir issue

Government urged to convene APC on Kashmir issue

Former Prime Minister Azad Jammu and Kashmir and President Peoples Muslim League, Barrister Sultan Mehmood Chaudhry has demanded Pakistan government to convene All Parties Conference (APC) to show solidarity with the people of Occupied Kashmir. Addressing
Published 28 Sep, 2010 12:00am
Deputy HC Bangladesh for promotion of regional trade

Deputy HC Bangladesh for promotion of regional trade

Deputy High Commissioner Bangladesh, Ruhul Alam Siddiqui has said that there is need to promote trade among the South Asian countries. "We should stop looking towards US and other European countries and should cooperate with each other," he said while spe
Published 28 Sep, 2010 12:00am
Fourth SME Conference

Fourth SME Conference

The 4th Pakistan SME Conference 2010 organised by SHAMROCK Conferences International will be held on October 2, 2010 at the Sheraton in Karachi. The conference is supported by the IFC/World Bank, SME Business Support Fund, Ministry of Finance and the Smal
Published 28 Sep, 2010 12:00am
Political turmoil: PML LM seeks to cash in on 'opportunity'

Political turmoil: PML LM seeks to cash in on 'opportunity'

One of the offshoots of PML - 'Like-Minded' - on Monday decided to speed up activism to take opportunity out of present national political turmoil. The faction that got separated from PML-Q led by Chaudhry Shujaat Hussain after 2008 elections, disappeared
Published 28 Sep, 2010 12:00am
Wapda workers oppose proposed dissolution of Pepco

Wapda workers oppose proposed dissolution of Pepco

Hundreds of workers of hydel and thermal power stations of Water and Power Development Authority (Wapda/Pepco) from the four provinces took out a procession against the proposed break up of the National Power Wing into various companies on the behest of t
Published 28 Sep, 2010 12:00am
Rumpus in Sindh Assembly over breaches in embankments

Rumpus in Sindh Assembly over breaches in embankments

With Awami National Party lawmakers still remaining off the house, the treasury and opposition members in Sindh Assembly on Monday exchanged barbs over conducting an inquiry into the breaches in Tori and M.S bunds by the standing committee on irrigation.
Published 28 Sep, 2010 12:00am
US envoy visits MQM headquarters, chief minister House

US envoy visits MQM headquarters, chief minister House

US Ambassador Anne W Patterson on Monday paid a farewell visit to the headquarters of Muttahida Qaumi Movement (MQM) Nine Zero and extended heartfelt condolences over the demise of former convenor Rabita Committee, Dr Imran Farooq.
Published 28 Sep, 2010 12:00am
Aisamul Haq visits his alma mater

Aisamul Haq visits his alma mater

National hero Aisamul Haq Qureshi on Monday visited his alma mater, Government College University Lahore, where the university's Sports Board hosted a reception in the honour of US Open finalist. GCU Vice Chancellor Professor Dr Khalid Aftab, a large numb
Published 28 Sep, 2010 12:00am
ST, FED stuck up refund cases: Task Force set up for quick clearance

ST, FED stuck up refund cases: Task Force set up for quick clearance

The Federal Board of Revenue (FBR) has constituted a Task Force to expedite clearance of the sales tax and federal excise refund stuck up in the field formations, resulting in considerable delay in payment of admissible refund claims. Sources told Busi
Published 28 Sep, 2010 12:00am
Bogus cheque: LHC seeks reply from Law Secretary

Bogus cheque: LHC seeks reply from Law Secretary

The Lahore High Court here on Monday sought reply from federal secretary law till October 20 in a petition against Law Minister Babar Awan for giving a bogus cheque of Rs 30 million to district bar. The petition was filed by Khalid Tehami, President Distr
Published 28 Sep, 2010 12:00am
28 HEC scholars complete training in South Korea

28 HEC scholars complete training in South Korea

A group of 28 Higher Education Commission (HEC) scholars have successfully completed MS Engineering studies in top ranking universities of South Korea and returned to Pakistan in August 2010. Under the particular programme entitled "MS Level Training in K
Published 28 Sep, 2010 12:00am
Justice Jan took oath as acting CEC

Justice Jan took oath as acting CEC

Chief Justice of Pakistan Iftikhar Muhammad Chaudhry on Monday administered oath of the office to Justice Mian Shakirullah Jan, Judge Supreme Court, as acting Chief Election Commissioner (CEC) in a ceremony.
Published 28 Sep, 2010 12:00am
SBP governor urged to slash mark-up rates

SBP governor urged to slash mark-up rates

Pakistan Industrial and Traders Associations Front (PIAF) has urged Governor State Bank of Pakistan to avoid any further increase in mark-up rate as it would be detrimental for both trade and industry. PIAF Chairman Irfan Qaiser Sheikh said the newly appo
Published 28 Sep, 2010 12:00am
Bullet-proof vehicles: Wapda clarifies position

Bullet-proof vehicles: Wapda clarifies position

Water and Power Development Authority (Wapda) has clarified its position with regard to a news item appearing in a section of electronic media on Monday regarding purchase of bullet-proof vehicles. Wapda spokesperson said the authority intends to purchase
Published 28 Sep, 2010 12:00am
The shooting stars

The shooting stars

According to a news item, principal secretary to the President, Salman Farooqui, has left for America for medical treatment. Like his boss, he is one of the beneficiaries of NRO. Is it a coincidence that he left the country on a well-known excuse of healt
Published 28 Sep, 2010 12:00am
Will US attorney general now call it a mis-trial?

Will US attorney general now call it a mis-trial?

I am a journalist and filmmaker, who has been investigating the rather intriguing case of Dr Aafia Siddiqui since her disappearance with her three children in 2003. Can you please tell me why a Pakistani citizen, who allegedly carried out a crime in Afgha
Published 28 Sep, 2010 12:00am
Libya's European expatriates at mercy of foreign relations

Libya's European expatriates at mercy of foreign relations

The case of Swiss businessman Max Goldi made headlines world-wide when he spent months in a Libyan jail, a bystander in a controversy between Libya's ruling Gaddafi family and Switzerland. What worries Western foreigners working in Libya is that his case
Published 28 Sep, 2010 12:00am
Reviving agriculture: State and bank obligations

Reviving agriculture: State and bank obligations

Beginning July 20 we witnessed a new chapter in natural disasters, and being unprepared for facing up to its impact compounded our miseries. But while nature's anger has cooled for us to pick up the pieces, the ongoing political chaos may induce sidelinin
Published 28 Sep, 2010 12:00am
Nato strikes inside Pakistan

Nato strikes inside Pakistan

US' Apache helicopter gunships have carried out at least three airstrikes inside Pakistan in as many days, killing on the first day more than 30 people ISAF claimed were insurgents, who had attacked an Afghan security outpost. According to ISAF, the first
Published 28 Sep, 2010 12:00am
The ball is in Gilani's court

The ball is in Gilani's court

Seemingly, behind the scene efforts to save the 'system' have succeeded. The government's plea to the Supreme Court to adjourn hearing of NRO implementation case has been accepted - though only partially as the hearing did take place. The judges' observat
Published 28 Sep, 2010 12:00am
No income tax paid

No income tax paid

The Election Commission of Pakistan has released sworn affidavits from Prime Minister Yousuf Raza Gilani and 25 of his ministers, including Federal Finance Minister Hafeez Sheikh and Hina Rabbani Khar, the Minister of State for Economic Affairs, that they
Published 28 Sep, 2010 12:00am
FCCI election

FCCI election

In compliance with learned Lahore High Court, Lahore Order dated 17-09-2010; Chairman Election Commission for Faisalabad Chamber of Commerce and Industry (FCCI) Elections 2010-11, Wisal Manno announced the Election Schedule wherein Mian Naeem Ahmad and Mi
Published 28 Sep, 2010 12:00am
Islamabad police takes part in anti-polio campaign

Islamabad police takes part in anti-polio campaign

Two wings of Islamabad Police including Islamabad Traffic Police (ITP) and Operational Division spent a hectic day by administering the anti-polio drops campaign, besides marshalling traffic and ensuring law and order in the federal capital. With a sole o
Published 28 Sep, 2010 12:00am
Forest policy finalised, submitted to Cabinet: minister

Forest policy finalised, submitted to Cabinet: minister

The Ministry of Environment has finalised the first-ever forest policy and submitted it to the Cabinet. The policy envisages enhancement of forest cover, which is vital in meeting the challenges of climate change. This was stated by Environment Minister H
Published 28 Sep, 2010 12:00am
PIC providing free treatment facilities

PIC providing free treatment facilities

Punjab Institute of Cardiology (PIC) is providing free of cost treatment and diagnostic facilities to the patients at the institute, Medical Superintendent PIC, Dr Jaffar Saleem said here on Monday. The patients visiting the institute are 76 percent poor
Published 28 Sep, 2010 12:00am
Increasing cost of manufacturing: SAARC CCI VP expresses concern

Increasing cost of manufacturing: SAARC CCI VP expresses concern

Vice President, SAARC Chamber of Commerce and Industry, Iftikar Ali Malik has expressed concern over every day increasing cost of manufacturing which has serious negative impact on export oriented industry. He urged the government to reduce mark-up rate,
Published 28 Sep, 2010 12:00am
USAID, SCCI sign MoU

USAID, SCCI sign MoU

USAID and Sarhad Chamber of Commerce and Industry (SCCI) on Monday signed a memorandum of understanding (MoU) to provide financial assistance to Khyber Pakhtunkhwa for its economic revival. Peshawar based US Consul General, Elizabeth H Rood signed the MoU
Published 28 Sep, 2010 12:00am
Bradford Power wants to set up wind power project

Bradford Power wants to set up wind power project

A foreign consortium company of Canada and China M/s Bradford Power has shown interest to set up a wind power project of 200 MW in Pakistan and estimated investment of $500 million. This was said by Rafid E Louis of the Bradford Power (Pvt) Ltd while talk
Published 28 Sep, 2010 12:00am
Senator's degree declared genuine

Senator's degree declared genuine

The Higher Education Commission (HEC) has declared the BA degree of senator Gul Mohammed Laat as genuine, a spokesman of the Senator said on Monday. Referring to a notification of the HEC, the spokesman said that the university of Sindh, Jamshoro has decl
Published 28 Sep, 2010 12:00am
AJK government to create job opportunities

AJK government to create job opportunities

In order to overcome the unemployment problem faced by youth, especially the educated class, on permanent grounds, the AJK government was chalking out a broad-based plan to create employment opportunities, official sources said.
Published 28 Sep, 2010 12:00am
Sugarcane crushing likely from November 1 in Khyber Pakhutnkhwa

Sugarcane crushing likely from November 1 in Khyber Pakhutnkhwa

The sugar mills of Khyber Pakhutnkhwa are likely to start sugarcane crushing from November 1 and to discuss the matter the sugarcane commissioner had convened a meeting on October 2 of the sugarcane board. This was stated by Cane Commissioner, Khyber Pakh
Published 28 Sep, 2010 12:00am
Ministry of Commerce launching programme on TRTA II

Ministry of Commerce launching programme on TRTA II

The Ministry of Commerce in co-operation with the European Union (EU), is launching a Co-operation Programme on Trade Related Technical Assistance (TRTA II). The Programme will provide support to Pakistan in building the necessary capacity to address trad
Published 28 Sep, 2010 12:00am
Petition seeks contempt proceedings against Jatoi

Petition seeks contempt proceedings against Jatoi

A constitutional petition was filed before the Supreme Court of Pakistan seeking contempt of court proceedings against former Federal Minister for Defence Production, Abdul Qayyum Jatoi for passing derogatory remarks against judiciary and Pakistan Army.
Published 28 Sep, 2010 12:00am
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