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Print - 2010-10-07
US gold hits above $1,340

US gold hits above $1,340

Gold jumped nearly 2 percent on Tuesday, its biggest one-day rise since May, resuming its march to record highs as the dollar tumbled and currency market volatility ignited safe-haven buying. Silver surged 3 percent to a 30-year high and platinum group me
Published 07 Oct, 2010 12:00am
Gold hits fresh record in Asia

Gold hits fresh record in Asia

Gold pushed to a fresh record high just below the key $1,350 level on Wednesday, riding on dollar weakness and market anticipation that the US Federal Reserve may ease policy to stimulate economic growth. Spot gold rose as high as $1,349.80 ounce earlier
Published 07 Oct, 2010 12:00am
Gold hits new record high in European trade

Gold hits new record high in European trade

Gold rose to record highs for a second day in a row on Wednesday as investors punished the dollar ahead of the Federal Reserve's possible resumption of special measures to protect the flagging economy. Palladium rallied to its highest level in over nine y
Published 07 Oct, 2010 12:00am
US MIDDAY: sugar and coffee lower

US MIDDAY: sugar and coffee lower

Raw sugar and coffee futures edged lower early on Wednesday, consolidating after a slide in recent sessions as funds exited long positions and took profits. Cocoa was higher, buoyed by talk that black pod disease is likely to affect Ivory Coast's main cro
Published 07 Oct, 2010 12:00am
US MIDDAY: corn, soya and wheat down

US MIDDAY: corn, soya and wheat down

Soyabean futures on the Chicago Board of Trade were lower early on Wednesday as traders took profits from Tuesday's broad, dollar-driven commodities rally and adjusted positions ahead of a monthly US government crop report on Friday, traders said. Optimal
Published 07 Oct, 2010 12:00am
US MIDDAY: copper at new 26-month peak

US MIDDAY: copper at new 26-month peak

US copper futures closed at a new 26-month peak for a second straight day on Wednesday as investors continued to switch from dollars to metals amid fears of further quantitative easing and concerns about inflation. Copper for December delivery ended up 2.
Published 07 Oct, 2010 12:00am
US MIDDAY: gold extends record-breaking rally

US MIDDAY: gold extends record-breaking rally

US gold futures extended a rally to record highs for a second consecutive day on Wednesday, after a frustrating private-sector employment report boosted expectations that the Federal Reserve will pump more funds into the economy. COMEX December gold futur
Published 07 Oct, 2010 12:00am
Ufone launches Uth Mufta Offer

Ufone launches Uth Mufta Offer

Ufone telecom company has recently announced the launch of the Uth Mufta Offer. Ufone has allowed free calls to millions of customers on its Uth package. Calls from Uth to Uth between 12:00am to 9:00am are absolutely free and from 9:00am to 12:00am only t
Published 07 Oct, 2010 12:00am
Two PAF AVMs promoted

Two PAF AVMs promoted

Air Vice Marshals Syed Athar Hussain Bukhari and Asim Suleiman have been promoted to the rank of Air Marshal. Air Marshal Syed Athar Hussain Bukhari was commissioned in Pakistan Air Force in 1978 in GD (P) Branch. He is an accomplished fighter pilot, who
Published 07 Oct, 2010 12:00am
MSA arrests five Indian fishermen

MSA arrests five Indian fishermen

The Maritime Security Agency (MSA) on Wednesday arrested five Indian fishermen, who were fishing inside Pakistani territorial waters. According to a private television channel, MSA spokesperson Lieutenant Commander Naeem said that five arrested Indian fis
Published 07 Oct, 2010 12:00am
Musharraf's remarks on Kashmir widely criticised

Musharraf's remarks on Kashmir widely criticised

The remarks of former President Pervez Musharraf that Pakistan trained underground militant groups to fight against India in Kashmir have come under scathing criticism in Pakistan. Chairman Parliamentary Committee on National Security Mian Raza Rabbani co
Published 07 Oct, 2010 12:00am
Outgoing Swiss ambassador calls on Gilani

Outgoing Swiss ambassador calls on Gilani

Prime Minister Syed Yousuf Raza Gilani has appreciated the outgoing Swiss Ambassador Markus Peter for considerably strengthening Pak-Swiss bilateral ties. Talking to the Swiss ambassador who paid a farewell call here at the PM House after successful compl
Published 07 Oct, 2010 12:00am
Crime-monitoring cell to be set up for NKIA: CCPO

Crime-monitoring cell to be set up for NKIA: CCPO

A separate crime-monitoring cell will be established for North Karachi Industrial Area (NKIA) here, said Capital City Police Officer (CCPO), Karachi, Fayyaz Ahmed Leghari. He was talking to a delegation of NKATI led by Noor Ahmed Khan, which met him here
Published 07 Oct, 2010 12:00am
National Assembly panel critical of LPG price deregulation policy

National Assembly panel critical of LPG price deregulation policy

The sub-committee of the National Assembly on Wednesday expressed serious concern over deregulation policy of Liquefied Petroleum Gas price, which is resulting in manipulation by LPG producers to mint money. The sub committee which met with Member Nationa
Published 07 Oct, 2010 12:00am
HP introduces first web-connected printers

HP introduces first web-connected printers

HP unveiled a revolutionary new category of web-enabled printing solutions on Wednesday that will, for the first time in Asia Pacific, allow consumers and businesses to enjoy quick, easy, access to popular digital content via an entirely new web-based pri
Published 07 Oct, 2010 12:00am
Welcome Musharraf

Welcome Musharraf

General Musharraf (Retd) has launched his own political party in London and his party intends to take part in the next general elections scheduled in 2013. If I remember correctly, it was first ever Pakistani political party launched abroad. We have hundr
Published 07 Oct, 2010 12:00am
Dividing the minds

Dividing the minds

The objective of today's propaganda against Pakistan is to create doubts among general public. This is what is happening with us as a nation, international reports and media are presenting concocted stories in such a way that a section of political leader
Published 07 Oct, 2010 12:00am
The battle for Pakistan...

The battle for Pakistan...

Pakistan is waging war on more than one front. While success in its ongoing struggle against extremism is critical to Pakistan's well-being, the other war which it should be fighting, but is not, is essential for its survival. That war is against vested i
Published 07 Oct, 2010 12:00am
View Point: Lawyers' tyranny

View Point: Lawyers' tyranny

In the last few days, Lahore lawyers resorted to violent protests, vandalising the High Court Chief Justice's chambers that led to a police crackdown, fought with the police at the main city thoroughfare, Sharea Quaid-e-Azam, and made provocative speeches
Published 07 Oct, 2010 12:00am
Musharraf's loud-mouthing

Musharraf's loud-mouthing

Remember how unabashedly Pervez Musharraf described to the Washington Post the Mukhtaran Mai's rape as an 'excuse for getting visa for Canada' and then denied having said this, provoking the newspaper to challenge his denial. We don't know why he or his a
Published 07 Oct, 2010 12:00am
Power sector reforms

Power sector reforms

The federal government is under considerable pressure from development financial institutions (DFIs) to reform the power sector. Notable amongst the DFIs is the International Monetary Fund (IMF) that has emerged as the single largest lender to Pakistan in
Published 07 Oct, 2010 12:00am
'Nato policy responsible for attacks'

'Nato policy responsible for attacks'

Home Secretary Balochistan Cap Akbar Hussain Durrani (Retd) said that the US and Nato military officials policy of not informing the Pakistani authorities about position of their tankers had resulted in attack on Nato oil tankers parked in Quetta early We
Published 07 Oct, 2010 12:00am
Government decision to postpone implementation of RGST hailed

Government decision to postpone implementation of RGST hailed

Chairman, Site Association of Industry (SAI), Abdul Wahab Lakhani has appreciated the decision of the government to postpone the implementation of RGST for a month. He still cautioned that hasty implementations, even after one month was bound to create ch
Published 07 Oct, 2010 12:00am
TCP offloads 24,800 tons of sugar in open market

TCP offloads 24,800 tons of sugar in open market

Following the directives of the Economic Coordination Committee (ECC), the Trading Corporation of Pakistan on Wednesday offloaded 24,800 tons imported sugar in open market to stabilise soaring commodity prices. The ECC on September 21, decided to offload
Published 07 Oct, 2010 12:00am
Declamation contest held at Suparco

Declamation contest held at Suparco

A declamation contest was held at Suparco Hqs on Wednesday. Students from various private and public schools presented their arguments on the World Space Week 2010 theme "Mysteries of Cosmos". They discussed their quest to understand the Universe. They al
Published 07 Oct, 2010 12:00am
Gold, silver prices soar to new peaks

Gold, silver prices soar to new peaks

The prices of gold and silver on Wednesday struck new highs of Rs 43, 350 per tola and Rs 650 per tola respectively on the local market, traders said. Gold reached the record high mark of Rs 43, 000 per tola a day before on the local market, surpassed to
Published 07 Oct, 2010 12:00am
KCCI delegation meets member income tax

KCCI delegation meets member income tax

A delegation from KCCI comprising Siraj Kassam Teli, Chairman BMG & former President-KCCI, Tahir Khaliq, M. Zubair Motiwala, Haroon Farooki and Anjum Nisar, Vice Chairmen Businessmen Group & former Presidents - KCCI, Talat Mahmood, Senior Vice President,
Published 07 Oct, 2010 12:00am
Seminar held to create awareness about Parkinson disease

Seminar held to create awareness about Parkinson disease

The Pakistan Parkinson's Society (PPS) and Pakistan Neurological Society (PNS) jointly organised a seminar at the Jinnah Hospital recently. The seminar was titled, "Parkinsons ka ilaj, Dawa aur Dua kay Saath" and was one of the series of seminars, which t
Published 07 Oct, 2010 12:00am
Code of Corporate Governance: SECP initiates consultation process

Code of Corporate Governance: SECP initiates consultation process

The Securities and Exchange Commission of Pakistan (SECP) on Wednesday launched a consultation process to reform the 2002 Code of Corporate Governance. According to a press release issued on Wednesday the Code has been revised taking into account the less
Published 07 Oct, 2010 12:00am
PPDA threatens to stop supplying POL products to government departments

PPDA threatens to stop supplying POL products to government departments

Pakistan Petroleum Dealers Association (PPDA) has threatened the government departments to stop supplying POL products in case of non-payment of Rs 2.8 million pending dues by October 12, 2010. This was stated by Abdul Sami Khan, Chairman of PPDA, along w
Published 07 Oct, 2010 12:00am
Tariq's appointment as new CE of TDAP hailed

Tariq's appointment as new CE of TDAP hailed

Siraj Kassam Teli, Chairman Businessmen Group and former President Karachi Chamber of Commerce and Industry (KCCI), Tahir Khaliq, M Zubair Motiwala, Haroon Farooki and Anjum Nisar, Vice-Chairmen Business-men Group and former Presidents KCCI, Muhammad Saee
Published 07 Oct, 2010 12:00am
KESC giving flawed picture of payment status: SSGC

KESC giving flawed picture of payment status: SSGC

The Sui Southern Gas Company (SSGC) has said that Karachi Electric Supply Company (KESC) has given an erroneous impression in the press that it has been making regular payments to SSGC to help settle its outstanding dues amounting to over Rs 20 billion.
Published 07 Oct, 2010 12:00am
Schools reopen in Sukkur after four months

Schools reopen in Sukkur after four months

Schools in the city reopened after remaining closed for more than four months. The schools were to reopen on August 1 after a two-month summer vacation. The internally displaced persons from Jacobabad, Kashmore and Shikarpur districts started coming to Su
Published 07 Oct, 2010 12:00am
General Tariq Majid calls on Zardari

General Tariq Majid calls on Zardari

The Chairman Joint Chiefs of Staff Committee General Tariq Majid paid a farewell call on President Asif Ali Zardari at Bilawal House on Wednesday. He discussed professional matters of Pakistan's armed forces with the President. President Zardari commended
Published 07 Oct, 2010 12:00am
Briton killed in Pakistan linked to failed New York bomber

Briton killed in Pakistan linked to failed New York bomber

A British man killed by a US drone strike in Pakistan had ties with the would-be Times Square bomber, a Pakistani intelligence official said on Wednesday. The official, who declined to be identified, told Reuters the Briton, Abdul Jabbar, had also been in
Published 07 Oct, 2010 12:00am
Textile millers to meet Zardari next week

Textile millers to meet Zardari next week

A delegation of textile millers will meet President Asif Ali Zardari next week and apprise him of reservations of the business community regarding Reformed General Sales Tax (RGST) and the impact of putting an end to zero rating.
Published 07 Oct, 2010 12:00am
Rawalpindi RTO launches e-filing awareness drive

Rawalpindi RTO launches e-filing awareness drive

Following the directives of the Federal Board of Revenue (FBR), the Regional Tax Office (RTO), Rawalpindi has launched awareness campaign in the remote areas like Pind Dadan Khan, Khura etc to educate taxpayers on e-filing of returns to encourage voluntar
Published 07 Oct, 2010 12:00am
Flood surcharge: Parliament's approval may be sought

Flood surcharge: Parliament's approval may be sought

The government is likely to obtain approval from Parliament to impose 10 percent flood surcharge as it cannot be levied through statutory regulatory order (SRO), it is learnt. Sources in the Finance Ministry told Business Recorder that the delay in
Published 07 Oct, 2010 12:00am
'Government to look after interests of all religious communities'

'Government to look after interests of all religious communities'

Federal Minister for Religious Affairs Syed Hamid Saeed Kazmi has said the present democratic government is fully determined to look after the interest of all religious communities, adding that government would follow the policy of reconciliation to maint
Published 07 Oct, 2010 12:00am
No flood tax being imposed in province: CM Punjab

No flood tax being imposed in province: CM Punjab

Punjab Chief Minister Muhammad Shahbaz Sharif said on Wednesday that no flood tax was yet being imposed in the provice. Talking to newsmen after inspecting Watan Card issuance process here at Mehmood Stadium, he said 62,000 Watan-Cards would be distribute
Published 07 Oct, 2010 12:00am
Gas load management to begin from November 15

Gas load management to begin from November 15

Gas load management during the coming winter season will start from November 15 under which CNG stations, power houses and other commercial organisations would face gas load shedding. However, uninterrupted gas supply to domestic consumers would be top pr
Published 07 Oct, 2010 12:00am
New edition of Oxford Advanced Learner's Dictionary launched

New edition of Oxford Advanced Learner's Dictionary launched

The new edition of Oxford Learner's Dictionary has been launched. The British Deputy High Commission and the Oxford University Press (OUP) Pakistan hosted a reception in this connection on Tuesday evening. The Oxford Advanced Learner's Dictionary was orig
Published 07 Oct, 2010 12:00am
'Promotions of officers only on seniority basis not fair'

'Promotions of officers only on seniority basis not fair'

Vice Chancellor University of Sindh Professor Dr Nazir A Mughal has said a criterion for promotions of Officers only on the basis of seniority is not right. "Deserving candidates should be considered on the basis of qualifications, dedication and honesty
Published 07 Oct, 2010 12:00am
Government should levy flood tax on rich people: Shahnaz

Government should levy flood tax on rich people: Shahnaz

Special Advisor to prime minister and MNA PPP Begum Shahnaz Wazir Ali has said that government should levy flood tax on those whose taxable income exceeds three hundred thousand rupees as poor people cannot bear the burden of additional taxes.
Published 07 Oct, 2010 12:00am
DCO calls to monitor departmental working at UC level

DCO calls to monitor departmental working at UC level

DCO Naseem Sadiq has directed the concerned officers to monitor the departmental working at Union Council level by following a joint line of action for providing every possible relief to the public at grass root level. He was presiding over a joint meetin
Published 07 Oct, 2010 12:00am
Two killed as car falls into canal

Two killed as car falls into canal

Two people were killed while two others sustained serious injuries when a car fell into a canal in the area of Peoples Colony police station on Wednesday. According to police, Sohail Ahmad, Khalid, Irfan and his brother Parkash were going in a car at Samm
Published 07 Oct, 2010 12:00am
NBP receives over Rs five billion donations for flood victims

NBP receives over Rs five billion donations for flood victims

The National Bank of Pakistan (NBP) has received donations of over Rs 5,016,162,951 across the country under the Prime Minister Flood Relief Fund-2010. Of these, the highest contribution was made in federal capital where the bank collected Rs 4,918,899,11
Published 07 Oct, 2010 12:00am
Flood survivors: PIAF dispatches seventh consignment for flood victims

Flood survivors: PIAF dispatches seventh consignment for flood victims

Pakistan Industrial and Traders Associations Front (PIAF) handed over 600 bags of flour and other eatables to Pakistan Army here on Wednesday. It was the 7thconsignment as the PIAF had already dispatched 6 consignments including flour, ghee, sugar, rice,
Published 07 Oct, 2010 12:00am
Six dengue fever cases confirmed in Lahore

Six dengue fever cases confirmed in Lahore

Health authorities beefed up precautionary measures in hospitals with confirmation of six-dengue patient in the city to control further spread. The provincial health officials feared return of vector-borne dengue fever virus with warm weather across the P
Published 07 Oct, 2010 12:00am
LCCI, Founders Group reject RGST

LCCI, Founders Group reject RGST

The Lahore Chamber of Commerce and Industry (LCCI) and the Founders Group Wednesday said that present economic situation was not conducive for any new tax policy measure like imposition of Reformed General Sales Tax, as the businessmen were not in a posit
Published 07 Oct, 2010 12:00am
Project to refurbish BHUs in Chamkani inaugurated

Project to refurbish BHUs in Chamkani inaugurated

The United Nations High Commission for Refugees (UNHCR) in collaboration with the Federal German Ministry for Economic Co-operation and Development and KFW Development Bank inaugurated the refurbishment of Basic Health Unit (BHU) in Chamkani on Wednesday,
Published 07 Oct, 2010 12:00am
PCJA vows to safeguard rights of ginners

PCJA vows to safeguard rights of ginners

Pakistan Cotton Ginners Association's Chairman Chaudhry Masud Ahmed, Vice Chairmen Nawab Shehzad Ali Khan (North zone), Mian Rashid Mehmood (South Zone) vowed to safeguard the rights, privileges and benefits of ginners in all cases and said, "we have reje
Published 07 Oct, 2010 12:00am
Foreign diplomats visit Sunder Industrial Estate

Foreign diplomats visit Sunder Industrial Estate

Foreign diplomats from 27 countries visited Sunder Industrial Estate here on Wednesday. The diplomats are in Pakistan to attend a course at Foreign Services Academy Islamabad. They were given a briefing at Punjab Industrial Estates (PIE) Head Office. They
Published 07 Oct, 2010 12:00am
Hajj training programme

Hajj training programme

Jamia Dar-ul-Uloom Al-Islamia, Lahore has arranged a 3-day Hajj training programme for Pilgrims from October 8 to 10 after Maghrab prayers.
Published 07 Oct, 2010 12:00am
Sister of Jamshed Qureshi passes away

Sister of Jamshed Qureshi passes away

Zareen Qureshi, sister of Jamshed Qureshi, Chairman, Bond Advertising, passed away on Tuesday, October 5, 2010. Dua ceremony will be held on Thursday, October 7, at her residence, 6-A, 4th East Street, Phase-I, Defence Housing Authority (DHA), Karachi bet
Published 07 Oct, 2010 12:00am
Defunct Pepco scrapped majority of RPP agreements

Defunct Pepco scrapped majority of RPP agreements

Majority of the Rental Power Plants (RPPs) agreements have already been scrapped by the defunct Pakistan Electric Power Company (Pepco) besides imposing heavy penalties on contractors for their failure to meet the contractual obligations, said Pepco sourc
Published 07 Oct, 2010 12:00am
Clarification

Clarification

Oil and Gas Regulatory Authority, in an official statement, has expressed its concern over the news items carried by Business Recorder regarding a controversy amongst the Members of the Authority. OGRA has categorically denied the existence of any
Published 07 Oct, 2010 12:00am
MTBs auction held

MTBs auction held

Heavy precipitation witnessed in auction of government of Pakistan Market Treasury Bills (MTBs), as overall Rs 242.4 billion worth bids were received for sale of 3-, 6- and 12-month T-bills. However, the State Bank of Pakistan has accepted bids of Rs 83.7
Published 07 Oct, 2010 12:00am
MTBs auction held

MTBs auction held

Heavy precipitation witnessed in auction of government of Pakistan Market Treasury Bills (MTBs), as overall Rs 242.4 billion worth bids were received for sale of 3-, 6- and 12-month T-bills. However, the State Bank of Pakistan has accepted bids of Rs 83.7
Published 07 Oct, 2010 12:00am
Marine life census: Norwegian ship due on Saturday

Marine life census: Norwegian ship due on Saturday

A Norwegian ship is due to arrive in Pakistan on October 9 to undertake marine life census across the country's 1100 km sea-belt to find out the present condition of several marine species. "The vessel, Frad Jof Nanson, has set out towards Pakistan and ho
Published 07 Oct, 2010 12:00am
PTCL announces global IP Connect service

PTCL announces global IP Connect service

Pakistan Telecommunication Company Ltd (PTCL) has announced its corporate and enterprise customers the most flexible connectivity solution with multiple applications in the form of Global IP Connect service.
Published 07 Oct, 2010 12:00am
GCU debators win contest

GCU debators win contest

Government College University (GCU) Lahore Debating Society set a new record by clinching both the English and Urdu Declamation trophies at the All-Pakistan English and Urdu Declamation Contests hosted by Aitchison College Lahore. As many as 26 top intuit
Published 07 Oct, 2010 12:00am
Six dead in US drone strike

Six dead in US drone strike

A US missile strike Wednesday killed five people in Miranshah - hours after the Taliban blew up more Nato tankers. A security official said two missiles hit a militant compound in Miranshah, the main town in tribal north Waziristan, where foreign militant
Published 07 Oct, 2010 12:00am
Banking industry's asset base rises to Rs 6.8 trillion: SBP

Banking industry's asset base rises to Rs 6.8 trillion: SBP

Pakistan's banking industry witnessed a 5.4 percent growth in its asset base which rose to Rs 6,782 billion during the April-June quarter of FY10 compared with a contraction of 1.4 percent in the January-March quarter of FY10. According to the State Bank
Published 07 Oct, 2010 12:00am
MCCI hails appointment of TDAP CE

MCCI hails appointment of TDAP CE

The Multan Chamber of Commerce and Industry (MCCI) said that it was a good and just decision of the government to replace Syed Mohibullah Shah and appointing Tariq Iqbal Puri as Chief Executive of Trade Development Authority of Pakistan (TDAP).
Published 07 Oct, 2010 12:00am
The Weather

The Weather

The weather report on Wednesday (October 06, 2010) and the forecast for Thursday (October 07, 2010).

Published 07 Oct, 2010 12:00am
Karachi University exams result

Karachi University exams result

The Karachi University on Wednesday announced the result of MA (Previous) External Annual Examination 2009 result. A University spokesman said that the results pertained to the disciplines of General History, Philosophy, Sindhi and Urdu.
Published 07 Oct, 2010 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 07 Oct, 2010 12:00am
ISO convention on October 8

ISO convention on October 8

The three-day annual convention of Islamia Students Organisation (ISO) will begin at Model Town on Friday. ISO Secretary Information Abid Hussain told newsmen on Wednesday that leading scholars including Allama Jawad Naqvi, Allama Haider Ali Jawadi, Allam
Published 07 Oct, 2010 12:00am
Approval of APTTA: opposition parties reject government's decision

Approval of APTTA: opposition parties reject government's decision

Opposition parties in the Parliament have rejected the government's decision to approve Pakistan-Afghanistan Transit Trade Agreement (APTTA). When contacted by this scribe no one from Pakistan Muslim League (PML-N) was available for comments on the issue.
Published 07 Oct, 2010 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 07 Oct, 2010 12:00am
MNAs voice concern over Nato attacks

MNAs voice concern over Nato attacks

The members of the National Assembly on Wednesday showed serious concern on Nato attacks inside Pakistan territory while opposition assured the government to stand behind it for defending the integrity and sovereignty of country. Pakistan Muslim League-Na
Published 07 Oct, 2010 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 07 Oct, 2010 12:00am
Transfers, postings

Transfers, postings

Chief Justice Lahore High Court (CJ LHC) made transfers and postings among ten civil judges-cum-judicial magistrates.
Published 07 Oct, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (October 06, 2010).

Published 07 Oct, 2010 12:00am
LHC accepts unconditional apology tendered by secretary

LHC accepts unconditional apology tendered by secretary

The Lahore High Court, Chief Justice (CJ), here Wednesday accepted unconditional apology tendered by special secretary Home Department who had been issued show cause notice for filing an illogical reply about possibility of paying ransom amount to a docto
Published 07 Oct, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (October 06, 2010).

Published 07 Oct, 2010 12:00am
Freezing of Zakat fund: LHC disposes of petition

Freezing of Zakat fund: LHC disposes of petition

The Lahore High Court (LHC) Chief Justice (CJ) here on Wednesday disposed of a petition of a labourer challenging freezing of Zakat fund and its allocation for flood effected people as federal Zakat council had released funds in favour of provincial Zakat
Published 07 Oct, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (October 06, 2010).

Published 07 Oct, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (October 06, 2010).

Published 07 Oct, 2010 12:00am
LHC extends interim bail of Brigadier Imtiaz

LHC extends interim bail of Brigadier Imtiaz

A division bench of the Lahore High Court (LHC) here on Wednesday extended interim bail to former director general intelligence bureau Brigadier Imtiaz Ahmad (Retd) and also summoned prosecution and defence counsels for November 08. The bench on September
Published 07 Oct, 2010 12:00am
Kamal Azfar made Prime Minister advisor

Kamal Azfar made Prime Minister advisor

President Asif Ali Zardari has appointed Kamal Azfar as advisor to Prime Minister. According to a notification, the President made the appointment in exercise of the powers conferred under clause (1) of the article 93 of the constitution.
Published 07 Oct, 2010 12:00am