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Print - 2010-10-13
India extends BlackBerry access deadline by 90 days

India extends BlackBerry access deadline by 90 days

India has given BlackBerry maker Research In Motion (RIM) an extended deadline of January 31 to provide its intelligence agencies a way of accessing all its services, a report said Tuesday. Citing a home ministry note, the Economic Times newspaper said th
Published 13 Oct, 2010 12:00am
Israel must guarantee equality for all: EU

Israel must guarantee equality for all: EU

The European Union on Tuesday urged Israel to guarantee the equality of all its citizens after Prime Minister Benjamin Netanyahu urged Palestinians to recognise Israel's Jewish identity. Asked to comment on Netanyahu's call for the Palestinian leadership
Published 13 Oct, 2010 12:00am
Spanish Prime Minister jeered at national day parade

Spanish Prime Minister jeered at national day parade

Onlookers jeered Prime Minister Jose Luis Rodriguez Zapatero at Spain's National Day parade Tuesday, underlining his slide in popularity since the imposition of tough austerity measures. The crowd whistled and chanted "Zapatero resign!" as the prime minis
Published 13 Oct, 2010 12:00am
Senior Turkish magistrates resign over reform

Senior Turkish magistrates resign over reform

The head and six members of a Turkish body responsible for judicial appointments have resigned in protest against a reform by the Islamist-rooted government, reports said Tuesday. The members of the Supreme Board of Judges and Prosecutors who appoint magi
Published 13 Oct, 2010 12:00am
Ethiopia signs peace agreement with rebel faction

Ethiopia signs peace agreement with rebel faction

Ethiopia signed a peace deal Tuesday with a breakaway faction of the Ogaden National Liberation Front rebels who have waged a 25-year insurgency to gain autonomy of their oil-rich region. Federal Affairs Minister Shiferaw Teklemariam and the chairman of t
Published 13 Oct, 2010 12:00am
Former Colombian army officer gets 44 years

Former Colombian army officer gets 44 years

A former Colombian army officer was sentenced Monday to 44 years in prison for his role in the deaths of more than 245 civilians, many of whom were hacked to pieces with a power saw, officials said. Retired major Alirio Antonio Urena received the sentence
Published 13 Oct, 2010 12:00am
Chile's trapped miners finally set to escape

Chile's trapped miners finally set to escape

The first of 33 trapped miners will be pulled to safety in capsules just wider than a man's shoulders on Tuesday night as a two-month ordeal deep inside a Chilean mine draws to an end. The men have spent 68 days in the hot, humid bowels of a gold and copp
Published 13 Oct, 2010 12:00am
New York cotton settles lower

New York cotton settles lower

Cotton futures closed lower Tuesday on mild investor profit-taking after scaling a fresh 15-year high, with analysts saying the market's recent momentum may lead to a shot at record highs. The market climbed to a new 15-year top mainly on buying by No 1 c
Published 13 Oct, 2010 12:00am
US copper rises

US copper rises

US copper futures ended up on Monday, but eased away from a fresh 27-month peak above $3.80 per lb, capped by a mild recovery in the dollar versus the euro and holiday-thin trading conditions. Copper for December delivery ended up 1.50 cents at $3.7895 pe
Published 13 Oct, 2010 12:00am
Shanghai copper falls

Shanghai copper falls

Benchmark third-month Shanghai copper fell 1.2 percent to 62,150 yuan on Tuesday. Traders noted LME copper's Relative Strength Indicator stood around 70, suggesting the market was overbought and a period of consolidation was due. "The market's up 20 perce
Published 13 Oct, 2010 12:00am
Copper springs back

Copper springs back

Copper reversed early losses to trade back up on Tuesday supported by expected positive trade data out of top consumer China and continued supply concerns. Benchmark copper closed at $8,350 a tonne versus Monday's close of $8,290. The metal used in power
Published 13 Oct, 2010 12:00am
Sugar rises

Sugar rises

Sugar futures finished Monday firm, paring gains after extending Friday's sharp rally to an eight-month high on investment fund and trade buying as the sweetener's upward move showed no sign of slowing down. Arabica coffee corrected lower in thin dealings
Published 13 Oct, 2010 12:00am
China soyaoil off two-year highs; palm oil lower

China soyaoil off two-year highs; palm oil lower

China's soyaoil futures hovered below two-year highs hit earlier on Tuesday as news of the government lifting a ban on Argentina soyaoil partly offset the bullish soybean supply scenario. China's most active May 2011 soyaoil contract on Dalian Commodity E
Published 13 Oct, 2010 12:00am
Tokyo rubber hits six-month high

Tokyo rubber hits six-month high

Tokyo rubber futures rose to their strongest in six months on Tuesday as concerns about limited supply in Southeast Asia helped the market defy pressure from a falling stock market and rising yen. The most active Tokyo Commodity Exchange rubber contract f
Published 13 Oct, 2010 12:00am
US soyabeans and soyameal rally

US soyabeans and soyameal rally

Chicago Board of Trade soyabean futures rose on Monday, with prices hitting 14-month highs during the session, as investors kept buying after Friday's US government report cut its estimate for this year's harvest. A rally in corn futures also lent strengt
Published 13 Oct, 2010 12:00am
Liffe sugar rises

Liffe sugar rises

Liffe front-month, December white sugar ended $21.40 higher at $697.70 per tonne on Tuesday after earlier hitting an 8-month high for the front month of $698.30 a tonne. Market supported by tight supplies, Brazil port congestion and the strength of US cor
Published 13 Oct, 2010 12:00am
Oil stays lower

Oil stays lower

Oil prices slipped a second straight session on Tuesday as Opec signalled it will keep output targets steady when the group meets this week and investors worried about weak fundamentals highlighted by high inventories and lacklustre demand.
Published 13 Oct, 2010 12:00am
US gold moves up

US gold moves up

Gold moved back toward its all-time high on Monday, despite late gains in the dollar, as investors prepared for what many see as a likely second round of economic stimulus by the US Federal Reserve. By 3:40 pm EDT (1940 GMT) spot gold had risen to $1,353
Published 13 Oct, 2010 12:00am
Gold falls in Asia

Gold falls in Asia

Gold prices fell half a percent on Tuesday, pressured by a rebound in the dollar, and gold might enter a phase of consolidation after record-breaking rally. Spot gold was trading at $1,346 an ounce by 0617 GMT, down 0.5 percent from the previous close. Go
Published 13 Oct, 2010 12:00am
Gold dips in Europe

Gold dips in Europe

Gold fell on Tuesday as the US dollar rebounded and uncertainty prevailed over what the Federal Reserve will do to support growth, while Goldman Sachs said falling US rates prompted it to lift its gold price forecast. Spot gold was bid at $1,346.95 an oun
Published 13 Oct, 2010 12:00am
US MIDDAY: sugar falls

US MIDDAY: sugar falls

ICE raw sugar futures fell on Tuesday, weighed partly by a stronger dollar, while arabica coffee surged on investor buying and cocoa consolidated after recent volatility. March raws, which had rallied to touch an eight-month peak on Monday, were down 0.43
Published 13 Oct, 2010 12:00am
US MIDDAY: soy, corn and wheat up

US MIDDAY: soy, corn and wheat up

Soyabean futures on the Chicago Board of Trade were higher early on Tuesday on tight US supplies and expectations of strong export demand amid market talk of China buying US soyabeans, traders said. Corn followed soyabeans higher, with a slowdown in farme
Published 13 Oct, 2010 12:00am
US MIDDAY: gold down

US MIDDAY: gold down

US gold futures ended lower on Tuesday as bullion investors took profits amid uncertainty over what the Federal Reserve will do to boost economic growth. COMEX December gold futures settled down $7.70 at $1,346.70 an ounce on the COMEX division of the NYM
Published 13 Oct, 2010 12:00am
Relief goods despatched to Balochistan

Relief goods despatched to Balochistan

Pakistan Army Bahawalpur Corps has despatched 18 tons of relief goods for flood affectees in Balochistan. The goods were despatched through a C-130 from Sheikh Zayed International Airport here on Tuesday, a spokesman of Bahawalpur Corps said. The relief c
Published 13 Oct, 2010 12:00am
Shahbaz asks LCCI to evolve strategy for promotion of investment

Shahbaz asks LCCI to evolve strategy for promotion of investment

Punjab Chief Minister Shahbaz Sharif has said Lahore Chamber of Commerce and Industry (LCCI) and concerned departments should evolve an effective strategy with mutual consultation within two weeks for the promotion of investment and industrial growth in t
Published 13 Oct, 2010 12:00am
Anwar assumes charge as CEO Smeda

Anwar assumes charge as CEO Smeda

Anwar Ahmad Khan, a senior civil officer of Grade 22 from the District Management Group (DMG) has assumed charge, as Chief Executive Officer, Small and Medium Enterprises Development Authority (Smeda). Anwar Ahmad Khan holds Master Degree from Pennsylvani
Published 13 Oct, 2010 12:00am
Abu Dhabi Group injects over Rs 2.1 billion in Wateen Telecom

Abu Dhabi Group injects over Rs 2.1 billion in Wateen Telecom

Abu Dhabi Group has injected over Rs 2.1 billion in the Wateen Telecom Limited during past few weeks which is likely to be welcomed warmly by the general public and stock exchanges of Pakistan. In these harsh economic times, the Abu Dhabi Group has yet ag
Published 13 Oct, 2010 12:00am
Industry support programme benefited 227 factories

Industry support programme benefited 227 factories

As many as 227 factories from different sectors including textile, auto parts, foundry, furniture and food processing have been benefited from the Industry Support Programme, launched by the Small and Medium Enterprises Development Authority (Smeda) in co
Published 13 Oct, 2010 12:00am
EU facility brightens export prospects: APTMA

EU facility brightens export prospects: APTMA

Pakistan textiles would earn $4 billion additional this year only on increase in its locally produced basic raw material (cotton) rates, while another $1 billion would be added due to EU tariff concessions taking the textile exports to $15 billion.
Published 13 Oct, 2010 12:00am
LHC dismisses petition

LHC dismisses petition

Chief Justice Lahore High Court Khawaja Muhammad Sharif dismissed for not pursuing a petition seeking direction to the government to make Urdu as official language of the country. Chief Justice on September 21 had called the attorney general of Pakistan a
Published 13 Oct, 2010 12:00am
KBD: a dam for Punjab!

KBD: a dam for Punjab!

Wapda ex-chairman Shamsul Mulk is totally wrong when he claims controversial Kalabagh Dam (KBD) is meant for the whole country and not only for Punjab (October 10).
Published 13 Oct, 2010 12:00am
A word of advice to our happy go lucky leaders

A word of advice to our happy go lucky leaders

People are dying or committing suicide just because of poverty or hunger and also because of the increase in the rate of unemployment in our country, but our politicians do not care because these are not their problems. They are just giving statements and
Published 13 Oct, 2010 12:00am
Frustration grows in ruined village after toxic spill

Frustration grows in ruined village after toxic spill

Frustration was growing Friday among the inhabitants of Kolontar, the village at the centre of a chemical waste spill that has become Hungary's worst ever ecological catastrophe. Hundreds of emergency service workers, many wearing protective white suits,
Published 13 Oct, 2010 12:00am
Sino-Japanese relations

Sino-Japanese relations

Sino-Japanese relations revolve around acute sensitivities. A storm in a cup could turn into a typhoon. Both Japan and China are powerful countries. Their relationship is an ancient relationship, but it was knitted through a very weak thread that could be
Published 13 Oct, 2010 12:00am
Written-off loans

Written-off loans

Scheduled banks enjoy a unique position in the economy Pakistan. As of August 10, 2010, total deposits held with them aggregated to Rs 4.63 trillion. Advances given by above banks as of the above date amounted to Rs 3.32 trillion. This unique position is
Published 13 Oct, 2010 12:00am
Afghan peace council

Afghan peace council

There may still be many scruples inhibiting the Afghan Taliban to sit with the Karzai government on the negotiating table, but such a possibility was never as real as now, or so it seems. The 68-member High Peace Council, headed by former president and Mu
Published 13 Oct, 2010 12:00am
Rising inflation: floods not the sole reason

Rising inflation: floods not the sole reason

Food inflation, according to official statistics released by the Federal Bureau of Statistics, rose by a whopping 21 to 24 percent in September 2010 in comparison to the same period last year. The average Consumer Price Index rose by 15.71 percent in Sept
Published 13 Oct, 2010 12:00am
FBR chief not happy with employees' work

FBR chief not happy with employees' work

The Chairman of Federal Board of Revenue (FBR), Sohail Ahmed, has expressed concern that the performance of FBR employees has deteriorated as the board is not timely giving replies to queries on tax matters filed by government agencies. He was responding
Published 13 Oct, 2010 12:00am
Pakistan expects EU nod soon for tariff waiver pact

Pakistan expects EU nod soon for tariff waiver pact

Pursuing narrow trade diplomacy, Pakistan expect Brussels will give final nod to its one-time tariff waiver pact shortly that would help boost proceeds from Pakistan's exports to EU to $900 million, reveals talk with economic experts on Tuesday.
Published 13 Oct, 2010 12:00am
424 foreigners to be issued work visas

424 foreigners to be issued work visas

On the recommendation of Board of Investment, the Ministry of Interior will issue work visas to 424 expatriates in the various sectors who have applied for jobs during the last two months. According to BOI, these work permits will be issued in sectors lik
Published 13 Oct, 2010 12:00am
Jamshed Qureshi elected ACAAP chief

Jamshed Qureshi elected ACAAP chief

Jamshed Qureshi was unanimously elected Chairman, Air Cargo Agents Association (ACAAP) in the elections held recently. Qureshi is founder member of ACAAP and has played a pivotal role in the development and uplift of the air cargo industry in Pakistan.
Published 13 Oct, 2010 12:00am
Allegations attributed to minister are baseless: MoI&P

Allegations attributed to minister are baseless: MoI&P

Apropos a news item carried by Business Recorder on October 11, 2010 wherein the allegations attributed to the Minister for Industries and Production are baseless and bear no truth in it. The unnecessary interference of Minister for Industries in t
Published 13 Oct, 2010 12:00am
Pakistan forced to import over three million bales of raw cotton

Pakistan forced to import over three million bales of raw cotton

Pakistan will be forced to import over 3 million bales of raw cotton to meet the demands of local textile industry as cotton production will remain around 11.5 million bales against set target of 14 million bales in crop season 2010-11.
Published 13 Oct, 2010 12:00am
Colgate-Palmolive donates Rs 2.2 million to flood survivors

Colgate-Palmolive donates Rs 2.2 million to flood survivors

Colgate-Palmolive Pakistan and their partner stores held special ceremonies in which 22 lakh rupees collected for flood relief were presented by cheques to the respective trusts involved. Colgate-Palmolive joined hands with 36 large superstores in various
Published 13 Oct, 2010 12:00am
Three-day hunger strike against World Bank financed TBERM project

Three-day hunger strike against World Bank financed TBERM project

The flood affected people hailing from Muzaffargarh are observing a three-day hunger strike against World Bank (WB) financed Taunsa Barrage Emergency Rehabilitation and Modernisation Project (TBERMP), which they alleged, has caused massive flood devastati
Published 13 Oct, 2010 12:00am
CJCSC calls on President

CJCSC calls on President

Chairman Joint Chiefs of Staff Committee, General Khalid Shameem Wynne called on President Asif Ali Zardari at Aiwan-e-Sadr on Tuesday. Matters relating to security situation and armed forces were discussed during the meeting.
Published 13 Oct, 2010 12:00am
AAML approves first quarter pay-outs

AAML approves first quarter pay-outs

The Board of Directors of Atlas Asset Management Limited (AAML), an Atlas Group Company in their meeting held on October 12, 2010, approved first quarter pay-outs (ended September 30, 2010) for its Atlas Money Market Fund (AMF) and Atlas Islamic Income Fu
Published 13 Oct, 2010 12:00am
AAML approves first quarter pay-outs

AAML approves first quarter pay-outs

The Board of Directors of Atlas Asset Management Limited (AAML), an Atlas Group Company in their meeting held on October 12, 2010, approved first quarter pay-outs (ended September 30, 2010) for its Atlas Money Market Fund (AMF) and Atlas Islamic Income Fu
Published 13 Oct, 2010 12:00am
PSO takes initiative to clean up seabed in coastal areas

PSO takes initiative to clean up seabed in coastal areas

Pakistan State Oil, the largest energy provider in the country regularly undertakes many initiatives under the ambit of Corporate Social Responsibility (CSR), with an aim to contribute to the betterment of society from many different platforms.
Published 13 Oct, 2010 12:00am
Annual examination 2010: BIEK announces Intermediate Commerce results

Annual examination 2010: BIEK announces Intermediate Commerce results

Controller of Examinations, Board of Intermediate Education Karachi (BIEK), Professor Agha Akber Mirza on Tuesday announced the results of Higher Secondary School Certificate Part-II, Commerce group (Private) annual examinations 2010. As per the announcem
Published 13 Oct, 2010 12:00am
Dental college, hospital at Isra university inaugurated

Dental college, hospital at Isra university inaugurated

Dr Asim Hussain, Chancellor of Ziauddin University and Vice President of Pakistan Medical & Dental Council (PMDC) inaugurated Isra Dental College and Hospital at Isra University. The newly established dental college and hospital is among the most modern i
Published 13 Oct, 2010 12:00am
FBR chief's promotion to grade-22 hailed

FBR chief's promotion to grade-22 hailed

The trade and industry hailed the promotion of senior bureaucrat Chairman, Federal Board of Revenue, Sohail Ahmed to grade-22 by the federal government. Patron In-Chief, Korangi Association of Trade and Industry (KATI), S M Muneer, Chairman, Syed Johar Al
Published 13 Oct, 2010 12:00am
Taxpayers allowed to manually file income tax returns by October 15

Taxpayers allowed to manually file income tax returns by October 15

The Federal Board of Revenue (FBR) has allowed taxpayers to manually file income tax returns by October 15, 2010 in cases where taxpayers are facing difficulty in e-filing of income tax returns/statements. According to an income tax circular issued here o
Published 13 Oct, 2010 12:00am
Survey to rehabilitate schools started

Survey to rehabilitate schools started

Senior Sindh Minister for Education, Pir Mazharul Haq has said that survey work for rehabilitation of schools damaged by floodwaters has been started and would be completed within the shortest possible time. He stated this while talking to the media men o
Published 13 Oct, 2010 12:00am
IFS rating of Pak Qatar General Takaful maintained

IFS rating of Pak Qatar General Takaful maintained

JCR-VJS Credit Rating Company Limited has maintained the Insurer Financial Strength (IFS) rating of Pak Qatar General Takaful Limited (PQGTL) at 'BBB+' (Triple B Plus). PQGTL benefits from the support of Qatar based sponsors including renowned financial i
Published 13 Oct, 2010 12:00am
IFS rating of Pak Qatar General Takaful maintained

IFS rating of Pak Qatar General Takaful maintained

JCR-VJS Credit Rating Company Limited has maintained the Insurer Financial Strength (IFS) rating of Pak Qatar General Takaful Limited (PQGTL) at 'BBB+' (Triple B Plus). PQGTL benefits from the support of Qatar based sponsors including renowned financial i
Published 13 Oct, 2010 12:00am
ABL rating reaffirmed at 'AA-' with stable outlook

ABL rating reaffirmed at 'AA-' with stable outlook

JCR-VJS Credit Rating Company Limited (JCR-VIS) has reaffirmed the rating assigned to the TFC-1 issue of Allied Bank Limited (ABL) at 'AA-' (Double A Minus). Outlook on the rating is 'Stable'. Banking sector lending activity picked pace after lacklustre g
Published 13 Oct, 2010 12:00am
ABL rating reaffirmed at 'AA-' with stable outlook

ABL rating reaffirmed at 'AA-' with stable outlook

JCR-VJS Credit Rating Company Limited (JCR-VIS) has reaffirmed the rating assigned to the TFC-1 issue of Allied Bank Limited (ABL) at 'AA-' (Double A Minus). Outlook on the rating is 'Stable'. Banking sector lending activity picked pace after lacklustre g
Published 13 Oct, 2010 12:00am
'Overloaded trucks pose a serious danger on National Highway'

'Overloaded trucks pose a serious danger on National Highway'

Dr Wasim Kauser Inspector General National Highways and Motorway Police has said overloaded vehicles are a danger not only to the drivers, but also to all other vehicles travelling on the roads with them. Overloading and improperly loaded trucks is a lead
Published 13 Oct, 2010 12:00am
'Pakistan should suspend payments to all creditors'

'Pakistan should suspend payments to all creditors'

Pakistan should suspend its payments of debt to International Monetary Fund and World Bank and to all creditors, said member of the Campaign for Abolition of Third World Debt (CADTM) Stephanie Jacquemont while talking to Business Recorder here on T
Published 13 Oct, 2010 12:00am
PPMA pledges support to government

PPMA pledges support to government

Acting Chairman Pakistan Pharmaceutical Manufacturers Association (PPMA), Khawaja Shahzeb Akram has said that the pharma industry would continue to provide quality medicines to the government of Punjab so that poor patients could have benefit of these. He
Published 13 Oct, 2010 12:00am
Industrialists demand exemption from loadshedding

Industrialists demand exemption from loadshedding

The industrialists urged the government to exempt export-oriented industry from loadshedding. They said loadshedding is hindering production activities and decision of increasing electricity tariff would increase cost of production and damage the industry
Published 13 Oct, 2010 12:00am
Sugar industry to start crushing in time: PSMA

Sugar industry to start crushing in time: PSMA

Chairman Pakistan Sugar Mills Association Javed Kayani has said that sugar industry would commence crushing in time. He was talking to media in response to a news item, which appeared in a section of press. He said sugar industry fully understands the iss
Published 13 Oct, 2010 12:00am
Illegal detention: orders registration of cases against policemen

Illegal detention: orders registration of cases against policemen

The Lahore High Court (LHC) Chief Justice (CJ) here on Tuesday got arrested two policemen from his courtroom and ordered registration of cases and departmental/disciplinary action against them for keeping two citizens in illegal detention. CJ Khawaja Muha
Published 13 Oct, 2010 12:00am
Jamaat-e-Islami terms government report a charge-sheet against rulers

Jamaat-e-Islami terms government report a charge-sheet against rulers

Secretary General, Jamaat-e-Islami, Liaquat Baloch has termed the government report indicating 53 per cent price hike as a charge sheet against the rulers which proved the government's failure on all fronts. In a press statement issued here on Tuesday, he
Published 13 Oct, 2010 12:00am
NAB chief's appointment: petitioner seeks constitution of larger bench

NAB chief's appointment: petitioner seeks constitution of larger bench

Barrister Javed Iqbal Jaffree here on Tuesday moved an application requesting that a larger bench headed by a permanent judge of the Lahore High Court (LHC) should be constituted to hear his constitutional petition challenging the appointment of former Ju
Published 13 Oct, 2010 12:00am
Promotion of Sohail Ahmed praised

Promotion of Sohail Ahmed praised

Inland Revenue Audit Officer Association on Tuesday congratulated Chairman Federal Board of Revenue (FBR) Sohail Ahmed on his promotion as Secretary Revenue Division. In a statement issued here on Tuesday, the Muhammad Afzal Malik President Inland Revenue
Published 13 Oct, 2010 12:00am
Senate body concedes government's strategy about Kashmir

Senate body concedes government's strategy about Kashmir

The Senate Standing Committee on Foreign Affairs on Tuesday conceded government's strategy regarding Kashmir and urged for solution of Kashmir and Palestine issues for stability in the region. Headed by Senator Salim Saifullah, the committee condemned vio
Published 13 Oct, 2010 12:00am
IHK sealed to fend off fresh protest

IHK sealed to fend off fresh protest

Police on Tuesday sealed off residential areas and re-imposed a round-the-clock curfew in the held Kashmir valley to pre-empt the first anti-India rally since authorities announced concessions to end violent protests. A new protest with a wide following w
Published 13 Oct, 2010 12:00am
Jamaat-e-Islami chief reacts to Vatican statement against Islam

Jamaat-e-Islami chief reacts to Vatican statement against Islam

The Jamaat-e-Islami Chief, Syed Munawar Hasan has strongly reacted to the Vatican statement 'promotion of political Islam as a great threat', and said the Vatican had also joined the crusade already continue against Islam and Muslims. The JI chief said th
Published 13 Oct, 2010 12:00am
PML-N Multan observes black day

PML-N Multan observes black day

The PML-N on Tuesday observed the black day, organised a rally and held a number of protest meetings against the toppling of Nawaz government by former President Pervez Musharraf On October 12, 1999. The main meeting was held in Raza hall under the chairm
Published 13 Oct, 2010 12:00am
PML-N observes 'Defence Day of Democracy'

PML-N observes 'Defence Day of Democracy'

Pakistan Muslim League-Nawaz (PML-N) on Tuesday observed black day to mark the 11th anniversary of toppling of Nawaz Sharif-led democratic government by former dictator Pervez Musharraf with a renewed pledge to continue efforts for strengthening democrati
Published 13 Oct, 2010 12:00am
PTCL introduces WiFi modems

PTCL introduces WiFi modems

Pakistan Telecommunication Company Limited is the largest broadband service provider in the country and has acquired over 500,000 broadband users in 1000 cities and towns, thereby leading the proliferation and awareness of Broadband services across Pakist
Published 13 Oct, 2010 12:00am
Alberto new US embassy Press Attaché

Alberto new US embassy Press Attaché

Alberto Rodriguez is the new US embassy Press Attaché and Country Information Officer in Islamabad, the US embassy announced on Tuesday. Rodriguez has replaced Richard Snelsire who will be returning to Washington after completing his tenure here. His resp
Published 13 Oct, 2010 12:00am
President hosts farewell dinner for Patterson

President hosts farewell dinner for Patterson

President Asif Ali Zardari Tuesday night hosted a farewell dinner in honour of the outgoing US Ambassador Ms Anne W Patterson here at the Aiwan-e-Sadr. The dinner was attended among others by Prime Minister Syed Yousaf Raza Gilani, Foreign Minister, Makhd
Published 13 Oct, 2010 12:00am
HHRD, King Abdullah's relief campaign ink deal

HHRD, King Abdullah's relief campaign ink deal

Helping Hand for Relief and Development (HHRD) has signed an agreement with King Abdullah's Relief Campaign for Pakistani People for launching joint relief and rehabilitation projects in the flood-devastated areas of Pakistan.
Published 13 Oct, 2010 12:00am
PFMA calls for preservation of wheat stock

PFMA calls for preservation of wheat stock

Chairman, Pakistan Flour Mills Association (PFMA) Khyber Pakhtunkhwa, Haji Sartaj Ali Khan has said due to lack of proper arrangements wheat worth millions of rupees is rotting under the open sky. The chairman PFMA further said that in the upcoming season
Published 13 Oct, 2010 12:00am
Gold prices decline by Rs 100 a tola

Gold prices decline by Rs 100 a tola

Gold prices on Tuesday went down to Rs 43, 400 per tola from Rs 43, 500 after global market posted a decline in gold prices by $5 an ounce, traders said. The prices of gold per 10 grams reduced to Rs 37, 200 from Rs 37, 285.
Published 13 Oct, 2010 12:00am
TCC employees donate Rs one million for flood relief

TCC employees donate Rs one million for flood relief

The employees of Tethyan Copper Company Pakistan (Pvt) Limited (TCC) have contributed Rs 1 million for flood relief to the UN 'Emergency Response Fund for Pakistan'(RFP) The donation was handed over to Martin Mogwanja, Humanitarian Co-ordinator and Manage
Published 13 Oct, 2010 12:00am
Flood-hit district: Qatari organisation pledges reconstruction

Flood-hit district: Qatari organisation pledges reconstruction

A Qatari philanthropist organisation would undertake rehabilitation and reconstruction work in one of the flood-affected districts of Pakistan. This assurance was given during President Asif Ali Zardari's meeting with a delegation of a charitable organisa
Published 13 Oct, 2010 12:00am
Italy EIMA Show: Paapam condemns TDAP for failing to book space

Italy EIMA Show: Paapam condemns TDAP for failing to book space

The 200-plus members' Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam) has condemned Trade Development Authority of Pakistan (TDAP) for its failure to book space for Pakistan Pavilion in EIMA and EIMA Bologna Italy, a mega-agr
Published 13 Oct, 2010 12:00am
Call to restore academic activities in Ziarat

Call to restore academic activities in Ziarat

Citizens of Killi Ahmdoon demanded of the Education Department and NGOs to ensure restoration of educational activities in earthquake-hit areas of Ziarat. According to a press release issued on Tuesday, they said that earthquake had played havoc at a larg
Published 13 Oct, 2010 12:00am
Karachi Chamber's timings

Karachi Chamber's timings

President Karachi Chamber of Commerce and Industry (KCCI), Muhammad Saeed Shafiq has informed that the chamber will remain open for full day on Fridays from now onwards for the facilitation of business and industrial community. The chamber will remain ope
Published 13 Oct, 2010 12:00am
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