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Sep 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-11-09
European shares flat

European shares flat

European shares were flat on Monday, near six-month closing highs, as positive momentum from last week was offset by renewed worries about eurozone debt, strengthening the dollar and hurting commodities prices. The pan-European FTSEurofirst 300 index of t
Published 09 Nov, 2010 12:00am
Indian shares bounce

Indian shares bounce

Profit sales dragged Indian shares 0.7 percent lower on Monday, after shares climbed towards record-high level in early trade following their best week in nearly 16 months. Coal India, the state-run miner which made a stellar debut last week, fell 5.5 per
Published 09 Nov, 2010 12:00am
South East Asian markets: Singapore sets new multi-year peak

South East Asian markets: Singapore sets new multi-year peak

Most Southeast Asian stock markets gained ground on Monday, buoyed by commodities shares on optimism about the outlook for oil prices and for global demand. Strong buying interest bolstered the laggard Singapore stock market, pushing the benchmark Straits
Published 09 Nov, 2010 12:00am
Seoul shares up

Seoul shares up

Seoul shares rose 0.2 percent boosted by techs such as Samsung SDI, but gains were limited as investors turned cautious ahead of the summit of the Group of 20 major economies meeting in the city this week. The Korea Composite Stock Price Index finished up
Published 09 Nov, 2010 12:00am
Australian stocks fall

Australian stocks fall

Australian shares fell 0.5 percent on Monday, with Qantas Airways touching three-week lows on engine problems and weakness in some major blue chips as they went ex-dividend. Westpac Banking Corp fell 4.6 percent to A$22.29 while Macquarie Group fell 1 per
Published 09 Nov, 2010 12:00am
Commodities lead FTSE fall

Commodities lead FTSE fall

Britain's top shares fell on Monday as mining and energy stocks tracked lower commodity prices, while financials eased on Basel III and sovereign debt concerns. Rolls-Royce rose 2.7 percent after the engine-maker announced progress in understanding the ca
Published 09 Nov, 2010 12:00am
McDonald's US unit disappoints; Europe strong

McDonald's US unit disappoints; Europe strong

McDonald's Corp reported a weaker-than-expected rise in October sales at US established restaurants as high unemployment keeps plaguing the world's largest hamburger chain's key domestic market. October sales at restaurants open at least 13 months were up
Published 09 Nov, 2010 12:00am
German exports soar, output dips

German exports soar, output dips

German exports soared in September while industrial output faltered, indicating Europe's largest economy will post solid if unspectacular third quarter growth later this week as the recovery eases. Exports grew twice as fast as expected in September, up 3
Published 09 Nov, 2010 12:00am
Leading economies set to diverge in recovery: OECD

Leading economies set to diverge in recovery: OECD

The world's leading economies are set to diverge as they recover from the global economic crisis, with the United States, Germany, Japan and Russia gaining pace while China, Britain, France and India slowing down, the OECD said on Monday. The Organisation
Published 09 Nov, 2010 12:00am
Opec unlikely to raise output in December

Opec unlikely to raise output in December

Opec sees no need to boost its output when it meets next month, two officials from the group said on Monday, even though oil prices have rallied to a two-year high above $87 a barrel. Oil hit $87.49 a barrel on Monday, the highest since October 2008. Comm
Published 09 Nov, 2010 12:00am
Cameron leads UK business drive to China

Cameron leads UK business drive to China

Prime Minister David Cameron leads a heavyweight group of British politicians and business chiefs on a visit to China this week which will focus squarely on expanding trade ties with the world's second-largest economy. Cameron, who took office in May, lea
Published 09 Nov, 2010 12:00am
Bangladesh plans mass privatisation to cool stock market

Bangladesh plans mass privatisation to cool stock market

Bangladesh will offload stakes in dozens of state-owned enterprises as part of a major government effort to cool down the country's overheated stock exchange, its finance minister said Monday. Eight state-owned firms, including major energy and power firm
Published 09 Nov, 2010 12:00am
Ireland publishes new code for banks, insurers

Ireland publishes new code for banks, insurers

Ireland unveiled a new statutory corporate governance code for banks and insurers on Monday to bring 'fresh blood' into boardrooms and prevent a repeat of the excessive risk-taking that precipitated the country's financial crisis. "It's time to bring fres
Published 09 Nov, 2010 12:00am
Obama returns fire after China slams Fed's move

Obama returns fire after China slams Fed's move

US President Barack Obama defended the Federal Reserve's policy of printing dollars on Monday after China and Russia stepped up criticism ahead of this week's Group of 20 meeting. The G20 summit has been pitched as a chance for leaders of the countries th
Published 09 Nov, 2010 12:00am
Zimbabwe economy buoyant, more reform needed: IMF

Zimbabwe economy buoyant, more reform needed: IMF

Zimbabwe's economy will grow for the second successive year in 2010 due to positive policies and strong commodity prices, the International Monetary Fund said on Monday, while calling for more reforms to sustain the recovery. The southern African country'
Published 09 Nov, 2010 12:00am
Beijing supportive of G20 re-balancing effort: Geithner

Beijing supportive of G20 re-balancing effort: Geithner

US Treasury Secretary Timothy Geithner on Monday said China is supportive of the Group of 20's framework for re-balancing the global economy, and he expects broad consensus on it at a leaders' summit this week. Geithner, speaking in the Indian capital dur
Published 09 Nov, 2010 12:00am
World Bank chief surprises with gold standard idea

World Bank chief surprises with gold standard idea

Leading economies should consider adopting a modified global gold standard to guide currency rates, World Bank president Robert Zoellick said on Monday in a surprise proposal before a potentially acrimonious G20 summit. Writing in the Financial Times, Zoe
Published 09 Nov, 2010 12:00am
Russia echoes China, says US should consult G20

Russia echoes China, says US should consult G20

Russia sided with China ahead of the Group of 20 summit, saying on Monday the United States should consult other countries before pumping cash into its economy, but stopped short of calling the policy a mistake.
Published 09 Nov, 2010 12:00am
Nato-Afghan operation kills 15 insurgents

Nato-Afghan operation kills 15 insurgents

Afghan and Nato forces targeted suspected insurgent strongholds in a joint operation in southern Kandahar province, killing 15 and capturing 13, an Afghan official said Monday. Nato and Afghan forces have been trying to seize control of the Taliban heartl
Published 09 Nov, 2010 12:00am
20 killed by Hurricane Tomas in Haiti

20 killed by Hurricane Tomas in Haiti

At least 20 people were killed when Hurricane Tomas hit Haiti at the weekend, triggering flooding and mudslides that also left some 6,000 families homeless in the impoverished Caribbean nation, officials said Monday. The hardest hit region was Haiti's far
Published 09 Nov, 2010 12:00am
Romania and Moldova sign border treaty

Romania and Moldova sign border treaty

Romania and Moldova signed a border treaty Monday, almost two decades after Moldova declared independence from the Soviet Union. Romania's Foreign Minister Teodor Baconschi and Moldova's Prime Minister Vlad Filat emphasised the good co-operation between t
Published 09 Nov, 2010 12:00am
US scientists to speak out against climate change sceptics

US scientists to speak out against climate change sceptics

Hundreds of US scientists are joining a mass effort to speak out on climate change, experts said Monday after sceptics gained political ground with last week's Republican wins in Congress. The moves signals a bold approach by scientists, typically relucta
Published 09 Nov, 2010 12:00am
Progress made in Qantas A380 engine probe

Progress made in Qantas A380 engine probe

Rolls-Royce Group Plc moved to contain a crisis of confidence in the safety of its engines on Monday, saying progress was being made in finding out what caused last week's blowout on a Qantas Airbus A380 flight. Shares in Rolls reversed losses and rose 3
Published 09 Nov, 2010 12:00am
US says Afghan goal to take over security by 2014 realistic

US says Afghan goal to take over security by 2014 realistic

US military chiefs said on Monday that the Afghan government's plan to take over security from foreign troops by 2014 was a realistic goal, citing progress in the war effort. The Nato alliance planned to endorse the 2014 goal set by President Hamid Karzai
Published 09 Nov, 2010 12:00am
EU Danube strategy key to overcoming disparities: Barroso

EU Danube strategy key to overcoming disparities: Barroso

The European Union's strategy for the Danube is key to overcoming disparities in the region, European Commission president Jose Manuel Barroso said on Monday during a summit in Bucharest. "There has been major progress since the beginning of the 1990s, bu
Published 09 Nov, 2010 12:00am
Car bombings in Iraq kill 18

Car bombings in Iraq kill 18

Twin bombings in Shia holy cities targeting Iranians killed at least 18 people on Monday, 10 of them pilgrims from Iran, at the start of a ninth month of wrangling over a new government. Police and local officials said the attacks also wounded 58 people,
Published 09 Nov, 2010 12:00am
Indonesia volcano causes more flight chaos

Indonesia volcano causes more flight chaos

US President Barack Obama's twice-postponed visit to Indonesia looked on track on Monday after flights to the capital returned to normal following a weekend of disruptions caused by a deadly volcano. Mount Merapi in central Java began spewing lava, superh
Published 09 Nov, 2010 12:00am
Another journalist attacked in Moscow

Another journalist attacked in Moscow

Another journalist has been beaten up in the Moscow region, two days after a savage attack on a leading reporter shocked Russia, reports said Monday. Anatoly Adamchuk, who writes for the Zhukovskie Vesti newspaper in the Zhukovsky area of south-eastern Mo
Published 09 Nov, 2010 12:00am
Awlaqi calls for killing of Americans 'without hesitation'

Awlaqi calls for killing of Americans 'without hesitation'

US-Yemeni radical cleric Anwar al-Awlaqi has called for the killing of Americans "without hesitation" and accused Iran of trying to impose control over Sunnis in the Gulf, SITE monitors said on Monday. "Do not consult anyone in killing Americans," Awlaqi
Published 09 Nov, 2010 12:00am
Monitors fault Azeri vote won by Aliyev loyalists

Monitors fault Azeri vote won by Aliyev loyalists

Monitors rebuked oil-producing Azerbaijan on Monday for holding a flawed parliamentary election that tightened President Ilham Aliyev's hold over the former Soviet republic, a strategic partner of the West. Aliyev loyalists swept the board in Sunday's ele
Published 09 Nov, 2010 12:00am
Four killed, 70 hurt in Morocco raid

Four killed, 70 hurt in Morocco raid

Clashes as Moroccan forces dismantled a camp housing thousands of refugees in the Western Sahara on Monday left four dead and scores injured, according to the rival sides. Mohamed Ghalous, the government representative for Laayoune, said the dawn raid by
Published 09 Nov, 2010 12:00am
US, Australia sign space defence surveillance pact

US, Australia sign space defence surveillance pact

Australia and the United States Monday signed an agreement paving the way for greater co-operation in the surveillance of space. "Australia and the United States shared a deep concern about the increasingly interdependent, congested, and contested nature
Published 09 Nov, 2010 12:00am
Lebanon powerless to stop UN Hariri tribunal: US

Lebanon powerless to stop UN Hariri tribunal: US

Lebanon is powerless to stop a UN-backed probe into the murder of ex-premier Rafiq Hariri despite a campaign by Hezbollah to torpedo the court, visiting US Senator John Kerry said on Monday. "This is a tribunal that was not created by the United States, n
Published 09 Nov, 2010 12:00am
Cannabis 'scratch and sniff cards' issued to Dutch citizens

Cannabis 'scratch and sniff cards' issued to Dutch citizens

In a novel bid to combat illegal cannabis cultivation, Dutch authorities started handing out 30,000 cards with a marijuana odour Monday to alert citizens to what their neighbours may be up to. "Citizens must be alerted to the dangers they face as a result
Published 09 Nov, 2010 12:00am
Saudi Arabia discovers ancient Pharaonic inscriptions

Saudi Arabia discovers ancient Pharaonic inscriptions

Saudi Arabia has discovered its first hieroglyphic inscriptions mentioning an Egyptian pharaoh dating back more than 3,000 years on a rock near the northern city of Tabuk, state media reported. The inscriptions, which bore the name of Pharoah Ramses III,
Published 09 Nov, 2010 12:00am
EU ministers agree more air cargo security needed

EU ministers agree more air cargo security needed

European Union member countries agreed on Monday to tighten aviation security measures after bombs were found in air cargo bound for the United States. Home affairs ministers meeting in Brussels set up an expert group to prepare specific recommendations t
Published 09 Nov, 2010 12:00am
US okays $5 billion sale of Boeing helicopters to UAE

US okays $5 billion sale of Boeing helicopters to UAE

The US Defence Department said on Monday it notified Congress last week about the possible sale of 60 Boeing Co AH-64D Apache helicopters to the United Arab Emirates, a deal valued at $5 billion. "The UAE needs these helicopters to fulfil its strategic co
Published 09 Nov, 2010 12:00am
French magistrate confirms second Chirac graft trial

French magistrate confirms second Chirac graft trial

A magistrate said Monday that former French president Jacques Chirac will stand trial on a second set of corruption charges dating to the 1990s when he was mayor of Paris, an official said. A judicial official who asked not to be named said investigating
Published 09 Nov, 2010 12:00am
Iraqi leaders start talks to end political impasse

Iraqi leaders start talks to end political impasse

Iraqi political leaders began a series of talks on Monday that could break an eight month deadlock over forming a new government and assure incumbent Prime Minister Nuri al-Maliki of a second term. The aim of the meetings, the first of which was hosted by
Published 09 Nov, 2010 12:00am
Iran role wanes in Iraq: US officer

Iran role wanes in Iraq: US officer

A top US military officer said Monday that Iran's influence has waned in neighbouring Iraq, where prolonged negotiations have struggled to decide on a new government. "Probably in the last couple months, in this period of government formation, I think tha
Published 09 Nov, 2010 12:00am
Sanctions against Iran 'having impact': US

Sanctions against Iran 'having impact': US

The United States rejected on Monday Israeli concerns that it had become necessary to pursue a credible military threat against Iran, saying sanctions could deter Tehran from building a nuclear weapon. Israeli Prime Minister Benjamin Netanyahu told US Vic
Published 09 Nov, 2010 12:00am
Myanmar's army-backed parties set to sweep rare poll

Myanmar's army-backed parties set to sweep rare poll

The military will keep its grip on power after Myanmar's first election in 20 years, backed by parties that on Monday looked set to win a vote marred by fraud and denounced by US President Barack Obama as stolen. Europe and Japan also condemned the conduc
Published 09 Nov, 2010 12:00am
Muslim-West security cooperation 'vital': Miliband

Muslim-West security cooperation 'vital': Miliband

Saudi-US security co-operation on an October parcel bomb plot showed the "vital" need for Western security collaboration with Muslim states, a former British foreign minister said on Monday in Abu Dhabi. "Cooperation between Saudi Arabia and the United St
Published 09 Nov, 2010 12:00am
Cheney angry Bush did not pardon Libby: Bush

Cheney angry Bush did not pardon Libby: Bush

Former President George W. Bush says Vice President Dick Cheney angrily confronted him over Bush's decision not to pardon a former vice presidential aide over his role in the case of the leaked identity of CIA operative Valerie Plame.
Published 09 Nov, 2010 12:00am
Banaras fly-over: 'carpeting of one track to be completed in a week'

Banaras fly-over: 'carpeting of one track to be completed in a week'

Carpeting of one track of Banaras fly-over will be completed within a week while the construction of road around the bridge will start from Tuesday. Administrator Karachi, Fazlur Rehman paid a visit of under construction Banaras flyover here on Monday.
Published 09 Nov, 2010 12:00am
Nation urged to follow Allama Iqbal's philosophy

Nation urged to follow Allama Iqbal's philosophy

Punjab Chief Minister Muhammad Shahbaz Sharif on Monday said that Allama Muhammad Iqbal was a great philosopher and poet whose poetry rekindled hope and awakening among the Muslims of the sub-continent. In a message on 133rd birth anniversary of Allama Mu
Published 09 Nov, 2010 12:00am
PML-Q will not join MML: Haleem Adil

PML-Q will not join MML: Haleem Adil

Pakistan Muslim League-Q (PML-Q) would not join Mutahida Muslim League (MML) but can enter into alliance with Pakistan Muslim League-Functional (PML-F). This was stated by Haleem Adil Sheikh, Secretary General PML-Q Sindh while talking to Business Reco
Published 09 Nov, 2010 12:00am
Strategy under way to explore natural resources: Raisani

Strategy under way to explore natural resources: Raisani

Chief Minister Balochistan Nawab Muhammad Aslam Raisani has said that provincial government is following a comprehensive strategy to explore more natural resources with the co-operation of federal government for the economic prosperity. In a meeting with
Published 09 Nov, 2010 12:00am
Motives behind 1999 coup be brought before nation: petition in LHC

Motives behind 1999 coup be brought before nation: petition in LHC

A constitutional petition was filed in Lahore High Court with the plea that the real motives behind the October 12, 1999 military coup against the Nawaz Sharif government be brought before the nation and the characters should be exposed.
Published 09 Nov, 2010 12:00am
Etihad wins 'World's leading airline' title for second consecutive year

Etihad wins 'World's leading airline' title for second consecutive year

Etihad Airways, the national airline of the United Arab Emirates, has been awarded the prestigious title of "World's Leading Airline" for a second consecutive year at the World Travel Awards (WTA). The accolade was presented to Peter Baumgartner, Etihad's
Published 09 Nov, 2010 12:00am
Delhi police harass Kashmiri students

Delhi police harass Kashmiri students

Indian police have started harassing the Kashmiri students who attended a seminar on Kashmir held in New Delhi. A student at Jamia Millia Islamia told media via telephone from New Delhi on the condition of anonymity said, "An unknown caller asked me to co
Published 09 Nov, 2010 12:00am
Neelum-Jehlum Hydropower project: Chinese team briefs Zardari

Neelum-Jehlum Hydropower project: Chinese team briefs Zardari

President Asif Ali Zardari has said that the Government will offer incentives to the builders and constructors who complete their projects ahead of the scheduled completion time. This he said during his meetings with Vice Chairman of China Gezhouba Group
Published 09 Nov, 2010 12:00am
Girl commits suicide

Girl commits suicide

A young girl committed suicide in the area of Tandlianwala. According to police, 14-year-old Fauzia, daughter of Allah Bux, committed suicide by hanging herself after a minor domestic dispute. Police handed over the body to the family on Monday.
Published 09 Nov, 2010 12:00am
New York cotton at fresh all-time high

New York cotton at fresh all-time high

US cotton futures closed at an all-time high on Monday, rising the daily trading limit, due in part to strong Chinese cotton prices and a steady barrage of trade buying in the market, analysts said. Cotton is the best performing commodity on the Reuters J
Published 09 Nov, 2010 12:00am
Tokyo rubber near 30-year high

Tokyo rubber near 30-year high

Key Tokyo rubber futures erased earlier gains on profit taking but hovered near a 30-year high on Monday, supported by strength in other commodity markets and tight supply. The key Tokyo Commodity Exchange rubber contract for April delivery settled at 359
Published 09 Nov, 2010 12:00am
Liffe coffee sets two-year high

Liffe coffee sets two-year high

Liffe January robusta coffee ended $60 higher at $2,046 per tonne on Monday after hitting a two-year peak of $2,058. Market supported by concern about rains in top producer Vietnam. Liffe December white sugar ended $4.60 higher at $780.70 per tonne. Marke
Published 09 Nov, 2010 12:00am
Shanghai copper falls

Shanghai copper falls

London copper reversed early gains on Monday, under pressure from a firmer dollar, but threats to supply and the longer term outlook for the greenback supported sentiment. Benchmark third-month Shanghai copper fell 1 percent to 66,380 yuan, while the disc
Published 09 Nov, 2010 12:00am
Copper under pressure

Copper under pressure

Copper was steady on Monday as the dollar rose and the market decided that recent gains were overdone, but prices are expected to be underpinned by strong fundamentals over coming months. Benchmark copper on the London Metal Exchange ended at $8,660 a ton
Published 09 Nov, 2010 12:00am
Malaysian palm oil jumps

Malaysian palm oil jumps

Malaysian crude palm oil futures jumped more than 4 percent in early trade on Monday, driven by supply worries stoked by floods in some palm growing states in the country and rising soyaoil prices in China. January 2011 palm futures on the Bursa Malaysia
Published 09 Nov, 2010 12:00am
Oil prices slip

Oil prices slip

US oil prices slipped on Monday as a stronger dollar and the euro's weakness amid renewed eurozone debt concerns helped pull oil from a two-year peak above $87 a barrel. The euro fell as investors fretted anew about budget problems in Ireland and other eu
Published 09 Nov, 2010 12:00am
Gold climbs in Asia

Gold climbs in Asia

Gold hit a fresh record above $1,398 an ounce on Monday before a rebound in the dollar caused prices to retrace, though short-term sentiment remains upbeat. Gold fell $3.96 an ounce to $1,390.54 by 0601 GMT, having risen as high as $1,398.35. Silver track
Published 09 Nov, 2010 12:00am
Gold climbs to all-time highs

Gold climbs to all-time highs

Gold powered to an all-time high above $1,400 an ounce on Monday, despite a bounce in the dollar, as investors sought an inflation hedge from the Federal Reserve's massive bond-buying programme. Gold has risen almost 6 percent since just before the Federa
Published 09 Nov, 2010 12:00am
US MIDDAY: cocoa, sugar fall

US MIDDAY: cocoa, sugar fall

ICE cocoa edged down early on Monday, pressured by a firmer dollar in light volumes as the market tracked the election process in top producer Ivory Coast after a peaceful poll on October 31. ICE second-month arabicas were up 1.55 cent or 0.75 percent to
Published 09 Nov, 2010 12:00am
US MIDDAY: soya, wheat down; corn up

US MIDDAY: soya, wheat down; corn up

Soyabean futures on the Chicago Board of Trade declined modestly early on Monday, pressured by a firm dollar, a weak tone in crude oil and beliefs that the market was technically overbought, traders said. Wheat fell and corn turned firm as traders adjuste
Published 09 Nov, 2010 12:00am
US MIDDAY: copper steadies

US MIDDAY: copper steadies

Copper steadied below two-year highs by Monday's close, bucking the negative impact of a stronger dollar, as investors bought the industrial metal as an inflation hedge and amid concerns over supply tightness. At the COMEX metals division of the New York
Published 09 Nov, 2010 12:00am
US MIDDAY: gold rises to record above $1,400

US MIDDAY: gold rises to record above $1,400

Gold powered to an all-time high above $1,400 an ounce on Monday, extending its record-breaking rally to a third day, as safe-haven buying prompted by renewed budget problems in Ireland more than offset a sharp dollar bounce.
Published 09 Nov, 2010 12:00am
Curse of beggary

Curse of beggary

I would like to draw your attention towards beggary menace in our country. Beggary is considered the most heinous crime in our society. Wherever you go it is a common scene on the roads, streets and especially the traffic signals, you will be invaded by b
Published 09 Nov, 2010 12:00am
Plane crash: lack of proper maintenance

Plane crash: lack of proper maintenance

The plane crash near Karachi airport almost immediately after take-off in which 21 lives were lost is tragic. The plane was reported to be on fire, due to an engine malfunction. This occurred less then 3 months after the plane crash at Islamabad from a fl
Published 09 Nov, 2010 12:00am
US election defeat could strengthen Obama's hand at G20

US election defeat could strengthen Obama's hand at G20

President Barack Obama meets fellow Group of 20 (G20) leaders in South Korea humbled by a US electorate that dealt his Democratic Party a severe blow last week at the polls. But don't expect the US president to be more accommodating to his counterparts. I
Published 09 Nov, 2010 12:00am
Can the clever by half survive?

Can the clever by half survive?

Those who watch TV talk shows are amazed at the wisdom of PPP spokespersons: when questioned about the alleged mis-governance by their colleagues, instead of addressing the issue, they cite instances of similar failures of the parliamentarians in earlier
Published 09 Nov, 2010 12:00am
Interior Minister's anti-corruption drive

Interior Minister's anti-corruption drive

Talking to journalists earlier this week after presiding over a meeting, at the FIA headquarters, Interior Minister Rehman Malik said that "the government has taken corruption as terrorism and we'll fight it on the war footing". He vowed to deliver result
Published 09 Nov, 2010 12:00am
Can you tax agri income?

Can you tax agri income?

The inevitable has happened. The subject of taxing agricultural income has been reportedly set aside by the tax committee for reasons that are already well-known. If the report holds true, this will be an outright case of criminal neglect in view of count
Published 09 Nov, 2010 12:00am
Ministries creating hurdles in local manufacturing of patent drugs

Ministries creating hurdles in local manufacturing of patent drugs

A joint lobby of the Health, and Science and Technology Ministry is active in discouraging local manufacturing of patent drugs instead of importing those drugs, said Dr Riazuddin, former Director of Centre of Excellence in Molecular Biology (CEMB) here on
Published 09 Nov, 2010 12:00am
Mystery shrouds Niazi's disappearance

Mystery shrouds Niazi's disappearance

Mystery still shrouds the disappearance of Ayaz Khan Niazi, former Chairman of National Insurance Corporation Limited (NICL), while Federal Investigation Agency (FIA) has initiated an inquiry into his disappearance. Interior Ministry sources said that it
Published 09 Nov, 2010 12:00am
PIA completes pre-Hajj flights from Multan, Sialkot

PIA completes pre-Hajj flights from Multan, Sialkot

PIA has completed its pre-Hajj operation from Multan and Sialkot stations. The Airline operated 10 hajj flights from Multan carrying 4,661 intending pilgrims and nine flights from Sialkot carrying 4,159 intending pilgrims to Saudi Arabia, PIA spokesman sa
Published 09 Nov, 2010 12:00am
GKSP-III project: KW&SB fails to recuperate its encroached land

GKSP-III project: KW&SB fails to recuperate its encroached land

Karachi Water and Sewerage Board (KW&SB) has failed to recuperate its encroached land located for the Greater Karachi Sewerage Plan III (GKSP-III), due to political influence, Business Recorder learnt. According to sources, the construction work of
Published 09 Nov, 2010 12:00am
Two more Kashmiri youths martyred

Two more Kashmiri youths martyred

Indian troops, in their fresh act of state terrorism, martyred two innocent Kashmiri youth in Kupwara district of Indian occupied Kashmir, on Monday. The troops killed the youth in Tangdhar area of the district during a siege and search operation, which c
Published 09 Nov, 2010 12:00am
Food items prices keeping rising trend since Ramazan

Food items prices keeping rising trend since Ramazan

Prices of most of the food items ie vegetables, wheat-flour, cooking oil, sugar, pulses, spices, milk and tea are witnessing increasing trend for last four months, but after Ramazan prices of these items have registered an unprecedented rise.
Published 09 Nov, 2010 12:00am
Fesco issues power suspension schedule

Fesco issues power suspension schedule

The Faisalabad Electric Supply Company (Fesco) has issued shutdown programme for necessary repair, maintenance and expansion of electricity lines. According to an announcement by the company, here on Sunday, power supply from Lahore Road and Theraj Shahee
Published 09 Nov, 2010 12:00am
Chicken meat prices fall

Chicken meat prices fall

The price of chicken meat has registered a decline in Karachi owing to reduce in demand near Eid-ul-Azha. A random market survey revealed that prices have been decreased depending on the area. Prices of chicken meat decreased from Rs 240 per kg to Rs 220
Published 09 Nov, 2010 12:00am
Iqbal and Muslim renaissance

Iqbal and Muslim renaissance

Shaikh Muhammad Iqbal (1877-1938) had four-decade long pro-active career as a poet and philosopher. Multitudinous and diverse are the evaluation of his thought and intellectual forays and philosophical shifts. Yet, all said and done, it was given to renow
Published 09 Nov, 2010 12:00am
Cultural activities picking up pace gradually in art galleries

Cultural activities picking up pace gradually in art galleries

With the winter season all set in, cultural activities are picking up pace gradually with the art galleries organising solo and group shows of paintings, calligraphic paintings and allied activities in the provincial metropolis. The Revivers Galleria in t
Published 09 Nov, 2010 12:00am
Growers' interests to be safeguarded: Sardar Khosa

Growers' interests to be safeguarded: Sardar Khosa

Senior Advisor to Chief Minister Punjab Sardar Zulfiqar Ali Khan Khosa has said that the grower's problems will be solved on priority basis so that maximum targets of wheat as well as other agri-products could be achieved as the agriculture is the backbon
Published 09 Nov, 2010 12:00am
Three-day national polio campaign begins

Three-day national polio campaign begins

Parliamentary Secretary Health Punjab Dr Saeed Elahi has said that eradication of poverty and illiteracy is a must to achieve the goal of creation of a polio free society. "The percentage of surfacing polio cases is higher in those areas which are gripped
Published 09 Nov, 2010 12:00am
No need for Charter of Pakistan: Awan

No need for Charter of Pakistan: Awan

Federal Law Minister Babar Awan has said there is no need for Charter of Pakistan in the presence of 1973's Constitution. Talking to journalists at Allama Iqbal International Airport, Lahore here on Monday he said, "The idea of another charter is a joke.
Published 09 Nov, 2010 12:00am
'Crushing season to start in Punjab by November 25'

'Crushing season to start in Punjab by November 25'

Pakistan Sugar Mills Association (PSMA) Chairman Javed Kiyani on Monday said that crushing season would start in the province by November 25, which would help decrease sugar prices.
Published 09 Nov, 2010 12:00am
APPLA urges government to protect value-added sector

APPLA urges government to protect value-added sector

Central General Secretary All Pakistan Power Looms Owners Association (APPLA) Khaliq Qandeel Ansari has said that our protest entered the third day on Monday and they had stopped buying the cotton yarn of all counts due to high prices of yarn, non-availab
Published 09 Nov, 2010 12:00am
Dengue fever: body formed to formulate guidelines

Dengue fever: body formed to formulate guidelines

Punjab Health Department has constituted a core group comprising medical experts to formulate guidelines and SOPs for prevention against dengue fever. Punjab Health Secretary Fawad Hassan constituted the committee while presiding over a meeting here on Mo
Published 09 Nov, 2010 12:00am
Steps being taken to protect women rights: Firdous

Steps being taken to protect women rights: Firdous

Federal Population Welfare Minister Firdous Ashiq Awan on Monday handed over the keys of two buses to the Principal of Government Post Graduate College for Women Sialkot in a memorable function held in connection with birth anniversary of Iqbal. Speaking
Published 09 Nov, 2010 12:00am
PCGA opposes imposition of RGST

PCGA opposes imposition of RGST

Pakistan Cotton Ginners Association (PCGA)'s Chairman Chaudhry Masood A Majeed and Vice Chairman, Nawab Shehzad Ali Khan opposed the imposition of RGST terming it disastrous for ginners as well as cotton growers. Government should not implement this unjus
Published 09 Nov, 2010 12:00am
PODB sets target of sowing crop over 1,145,000 acres

PODB sets target of sowing crop over 1,145,000 acres

Pakistan Oilseed Development Board (PODB) convened a meeting of the stakeholders on sunflower cultivation and planning for the year 2010-11 here on Monday, which set a target of sowing the crop over an area of 11,45,000 acres of land. Participants of the
Published 09 Nov, 2010 12:00am
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