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Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-11-24
Belgium arrests 26 over attack plot

Belgium arrests 26 over attack plot

Police busted on Tuesday a Chechnya-linked Islamist network plotting an attack on Belgium and rounded up another extremist group suspected of recruiting jihad fighters, amid heightened terrorism fears in Europe. Authorities detained 11 suspects in Belgium
Published 24 Nov, 2010 12:00am
Hope for New Zealand miners bleak as footage shows blast

Hope for New Zealand miners bleak as footage shows blast

Hopes of finding 29 men trapped in a New Zealand mine alive were rapidly fading on Tuesday, with footage of the blast at the mine four days ago showing debris flung out of the shaft like a bullet from a gun. Rescuers have not yet entered the mine, dug int
Published 24 Nov, 2010 12:00am
Nigeria to hold presidential poll on April 9

Nigeria to hold presidential poll on April 9

Nigeria will hold a presidential election on April 9, 2011, the Independent National Electoral Commission (INEC) said on Tuesday, ending months of uncertainty over the timetable for polls in Africa's most populous nation. Parliamentary elections will be h
Published 24 Nov, 2010 12:00am
US military sidelines officials over tanker error

US military sidelines officials over tanker error

The chief of the US Air Force on Tuesday said two officials had been removed from a refuelling tanker program after the wrong documents were sent out to aerospace rivals bidding on the huge contract. "Clearly this was a disappointment, a profound disappoi
Published 24 Nov, 2010 12:00am
New AIDS cases fall by one fifth in a decade: UN

New AIDS cases fall by one fifth in a decade: UN

The number of new cases of HIV/AIDS has dropped by about one-fifth over the past decade but millions of people are still missing out on major progress in prevention and treatment, the UN said Tuesday. In 2009, 2.6 million people contracted the HIV virus t
Published 24 Nov, 2010 12:00am
South Korea talks tough after North artillery attack

South Korea talks tough after North artillery attack

South Korea warned North Korea on Tuesday of "enormous retaliation" if it took more aggressive steps after Pyongyang fired scores of artillery shells at a South Korean island in one of the heaviest attacks on its neighbour since the Korean War ended in 19
Published 24 Nov, 2010 12:00am
New York cotton limit down amid weak macroeconomics

New York cotton limit down amid weak macroeconomics

US cotton futures fell their 6-cent daily limit on Tuesday for a third straight session, falling along with other commodities on worries about Korean violence while eurozone concerns pushed the US dollar higher, dealers said. The spot December contract, w
Published 24 Nov, 2010 12:00am
US copper slips

US copper slips

Copper ended lower on Monday after a slide in Chinese imports reinforced concerns over the country's economy-cooling efforts while fears of eurozone debt contagion pushed the dollar up on safe-haven buying. COMEX copper for December delivery sank 8.20 cen
Published 24 Nov, 2010 12:00am
Shanghai copper falls

Shanghai copper falls

Copper prices fell more than two percent in London and 3 percent Shanghai on Tuesday, weighed down by a rally in the dollar on reports that North Korea had fired artillery shells at a South Korean island and lingering fears about eurozone indebtedness. Sh
Published 24 Nov, 2010 12:00am
Copper dips to one-week low

Copper dips to one-week low

Copper fell near a one-week low on Tuesday, as worries about a debt crisis in Europe and conflict on the Korean peninsula boosted the dollar, deterring non-US investors. Benchmark copper on the London Metal Exchange was last bid at $8,140/$8,145 a tonne a
Published 24 Nov, 2010 12:00am
Oil recovers

Oil recovers

Oil recovered from an early slide on Tuesday in choppy trading as fears of an escalating eurozone crisis and a North Korean attack on a South Korean island triggered a rally in the dollar, but oil bounced when a drop to a session low near $80 attracted bu
Published 24 Nov, 2010 12:00am
US soya up

US soya up

US soyabean futures closed higher on Monday, supported by short-covering after the steep slide of prices on Friday and mounting concerns about dryness in Argentina. News Ireland would receive a bailout was initially viewed as supportive as the dollar sagg
Published 24 Nov, 2010 12:00am
Malaysian palm oil hits three-week lows

Malaysian palm oil hits three-week lows

Malaysian palm oil futures hit three-week lows on Tuesday, tailing losses in global commodity markets, as dollar surged after two Koreas exchange fire in a disputed maritime border. Dollar rose on Tuesday after North Korea shelled a South Korean island,
Published 24 Nov, 2010 12:00am
Raw sugar ends stronger

Raw sugar ends stronger

Raw sugar futures on ICE closed stronger on Monday, bucking the day's weak trend in commodities as the volatile market bounced off strong support and retraced some of last week's sharp losses. Coffee, cocoa and white sugar futures joined the commodity com
Published 24 Nov, 2010 12:00am
Liffe sugar and coffee rebound

Liffe sugar and coffee rebound

Liffe March white sugar ended $7.30 higher at $681.00 per tonne on Tuesday. Market rebounded after testing support towards the bottom of the recent range. Prices underpinned by tight export availability from top producer Brazil. Liffe January robusta coff
Published 24 Nov, 2010 12:00am
US gold up

US gold up

US gold futures ended higher on Monday as uncertainty on Ireland's ability to tackle its budget crisis and concern about possible contagion to other eurozone nations prompted safe-haven buying. COMEX December gold futures settled up $5.50 at $1,357.80 an
Published 24 Nov, 2010 12:00am
Gold trims losses in Asia

Gold trims losses in Asia

Gold trimmed early losses on Tuesday after a major exchange of artillery fire on the Korean peninsula boosted appetite of the safe-haven asset, as well as the dollar. Spot gold moved back to positive territory briefly after falling as much as 0.6 percent
Published 24 Nov, 2010 12:00am
Gold nears two-week high in European trade

Gold nears two-week high in European trade

Gold neared two-week highs on Tuesday as an artillery clash between North and South Korea and Europe's debt crisis prompted safe haven buying and eroded the metal's traditional inverse link with the US dollar. The US currency reaped the benefit from the e
Published 24 Nov, 2010 12:00am
US MIDDAY: sugar, coffee and cocoa fall

US MIDDAY: sugar, coffee and cocoa fall

ICE sugar, coffee and cocoa futures fell early on Tuesday as the dollar gained after an exchange of fire between North and South Korea and as the euro fell on fears Ireland's debt crisis might lead to problems elsewhere. ICE March raw sugar extended losse
Published 24 Nov, 2010 12:00am
US MIDDAY: soya and wheat higher

US MIDDAY: soya and wheat higher

Chicago Board of Trade grain and soya complex at 9:43 am CST (1543 GMT) on Monday. Friday is last trading day for December options. December wheat up 5 cents per bushel at $6.49-1/2. Dry weather in the US winter wheat belt supportive. Traders expecting US
Published 24 Nov, 2010 12:00am
US MIDDAY: copper down

US MIDDAY: copper down

Copper ended down after hitting its lowest in a week on Tuesday as geopolitical tension added to concerns over Europe's debt crisis, driving investment money into safer-havens such as gold and the dollar. COMEX copper for December delivery shed 4.90 cents
Published 24 Nov, 2010 12:00am
US MIDDAY: gold climbs

US MIDDAY: gold climbs

Gold rose to a seven-session high on Tuesday, as rising tensions on the Korean peninsula and mounting worries over a European debt crisis prompted investors to buy both the metal and the US dollar as safe havens. Gold traded lower through much of the Euro
Published 24 Nov, 2010 12:00am
Third 'WIBCON' moot on November 25

Third 'WIBCON' moot on November 25

With an aim to highlight importance of women in business and society in general, Terrabiz and Pakistan Society of Training and Development (PSTD) are organising third WIBCON; 'Women in Business and Leadership' conference', in Lahore on November 25 (tomorr
Published 24 Nov, 2010 12:00am
Schools' curricula: inclusion of Civics subject sought

Schools' curricula: inclusion of Civics subject sought

Schoolchildren's education in civics must begin at an elementary level to instill in them a sense of good citizenship, while the curriculum and textbooks must sow seeds of tolerance, gender equality and human rights, speakers at a seminar 'Civic Education
Published 24 Nov, 2010 12:00am
Imposing VAT in guise of RGST: MCCI to launch protest drive

Imposing VAT in guise of RGST: MCCI to launch protest drive

Multan Chamber 0f Commerce and Industry (MCCI) will launch a protest drive in collaboration with other chambers and joint future course of action will be decided against government for pressing withdrawal of value-added tax (VAT).
Published 24 Nov, 2010 12:00am
RGST detrimental to businesses: PYMA Chairman

RGST detrimental to businesses: PYMA Chairman

The Reformed General Sales Tax (RGST) was detrimental and fatal for the business promotion and the trading community of the country would strongly oppose and resist in case the government tried to clamp this unwarranted tax arbitrarily.
Published 24 Nov, 2010 12:00am
RGST on agriculture inputs: KBP convenes urgent meeting

RGST on agriculture inputs: KBP convenes urgent meeting

Kisan Board Pakistan (KBP) has convened an urgent meeting of its district organisations on Wednesday to chalk out a schedule of protests against enforcement of Reformed General Sales Tax (RGST) on agricultural inputs, delay in sugarcane crushing season, h
Published 24 Nov, 2010 12:00am
Muharram-ul-Harram: measures to be taken against hate material

Muharram-ul-Harram: measures to be taken against hate material

Persons involved in objectionable wall-chalking, posters, banners and other such material would be dealt according to the law while the persons violating measures taken for maintaining religious harmony, brotherhood, tranquillity and peace would also be d
Published 24 Nov, 2010 12:00am
Mushahid's mother Qul held

Mushahid's mother Qul held

Qul of the mother of Pakistan Muslim League (Q) Secretary General Mushahid Hussain Sayed was held at his residence here on Tuesday. A large number of people hailing from all walks of life, including politicians Chaudhry Shujaat Hussain, Chaudhry Pervaiz E
Published 24 Nov, 2010 12:00am
Industrialists, workers protest against suspension of gas supply

Industrialists, workers protest against suspension of gas supply

Industrialists along with thousands of industrial workers on Tuesday blocked the GT Road to protest against suspension of gas supply to the industrial units and warned the government to expand protests in all cities of the province if the decision regardi
Published 24 Nov, 2010 12:00am
New gas loadshedding schedule for Lahore industrial sector announced

New gas loadshedding schedule for Lahore industrial sector announced

Sui Northern Gas Pipeline Limited (SNGPL) has announced new schedule of gas load management for industrial sector and CNG stations on Tuesday. According to the fresh announcement the gas supply to industrial sector of Lahore, Sheikhupura and Sahiwal regio
Published 24 Nov, 2010 12:00am
Over 100,000 power looms remain closed for second consecutive day

Over 100,000 power looms remain closed for second consecutive day

More than 100,000 power looms and other small scale textile ancillaries remained closed on the second consecutive day on Tuesday, while Sui Northern Gas Pipeline Limited (SNGPL) announced that the gas shedding will be observed on November 26 and 27 in Fai
Published 24 Nov, 2010 12:00am
PIF, U Care Foundation provide 10,000 food parcels to flood victims

PIF, U Care Foundation provide 10,000 food parcels to flood victims

Pakistan International Foundation (PIF) and U Care Foundation (UK) in collaboration with Glasgow Central Mosque has supplied 10,000 food parcels including kitchen utensils, medicine of worth 5 million British pounds through World Health Organisation (WHO)
Published 24 Nov, 2010 12:00am
Withholding tax on purchases made from ship-breakers

Withholding tax on purchases made from ship-breakers

I would like to bring to your kind knowledge the losses of billions of rupees being caused to the national exchequers by the owners of the steel re-melters and rolling mills, by their action of not deducting withholding tax on purchase of re-rollable scra
Published 24 Nov, 2010 12:00am
Thai web editor may face 70 years in jail for reader posts

Thai web editor may face 70 years in jail for reader posts

Chiranuch Premchaiporn's air of cheerful optimism crumpled briefly as she contemplated the threat of 70 years in prison - for remarks about the Thai monarchy that other people posted on her website. "People ask, 'why don't you flee or escape?' But it is n
Published 24 Nov, 2010 12:00am
Gems and jewellery: Awareness and benefits of hallmarking

Gems and jewellery: Awareness and benefits of hallmarking

All that glitters is not gold! But then how pure is the glittering gold? Even the most experienced jeweller cannot tell how much precious metal, ie gold, is there in a jewellery article, just by looking at it. Price, colour or weights do not reveal the am
Published 24 Nov, 2010 12:00am
General Sales Tax Bill, 2010

General Sales Tax Bill, 2010

The General Sales Tax (GST) Bill, 2010 introduced in the Parliament on 12 November 2010, has been referred to the Standing Committee on Finance for scrutiny before coming back to the house for approval to become law. The bill was introduced two days befor
Published 24 Nov, 2010 12:00am
Hajj scam

Hajj scam

Given that a parliamentary team had visited Makkah in September to inspect arrangements being made for the intending Pakistani Hajis and the media too closely focused on the event, the government had the timely warning that yet another mega scam was in th
Published 24 Nov, 2010 12:00am
Raising equity for SOEs

Raising equity for SOEs

It is argued that since the economy had nothing but government-run businesses, it was no wonder the Soviet Union collapsed. According to a press release, President Asif Ali Zardari has advised the PPP-led government to privatise state-owned entities (SOEs
Published 24 Nov, 2010 12:00am
DGI&I seizes around 267,000 liters of diesel

DGI&I seizes around 267,000 liters of diesel

Directorate of Intelligence and Investigation (DGI&I)-FBR, Karachi has seized around 267,000 liters of diesel worth over Rs 19.38 million during July 2010 to October 2010 period. According to provisional statistics made available to Business Recorder <
Published 24 Nov, 2010 12:00am
'Engro Rupiya' certificates achieve Rs 2 billion subscription target

'Engro Rupiya' certificates achieve Rs 2 billion subscription target

Engro Corpo-ration Limited has announced that Engro Rupiya Certificates have achieved the target amount of Rs 2 billion. Ruhail Mohammed, Group CFO of Engro, said, "It is a matter of great pride for Engro Corporation to have received this subscription amo
Published 24 Nov, 2010 12:00am
KSB Pumps appoints Idea as KSB partners

KSB Pumps appoints Idea as KSB partners

KSB Pumps Company Limited, a subsidiary of KSB AG-the world famous manufacturer of pumps and valves, has recently announced the appointment of Industrial Development and Engineering Associates (Idea) as their Partner in Karachi. The signing-off ceremony w
Published 24 Nov, 2010 12:00am
OPI Gas acquires majority stake in Shell LPG: agreement signed

OPI Gas acquires majority stake in Shell LPG: agreement signed

OPI Gas (Pvt) Limited has formally acquired Shell Petroleum Company's majority stake of 67.91 percent in Shell Gas LPG Pakistan Limited. According to a press release issued here on Tuesday, the share transfer was made officially in the board meeting of Sh
Published 24 Nov, 2010 12:00am
Banaras Flyover to be opened for one-way traffic in 15 days

Banaras Flyover to be opened for one-way traffic in 15 days

Banaras Flyover would be opened for one-way traffic in 15 days while PC1 of Rs 750 million for roads around Banaras Chowk has been sent to the authorities concerned for approval. Engr A Rasheed Mughal, Executive District Officer (EDO) Works and Services D
Published 24 Nov, 2010 12:00am
Tight security around Sindh Assembly building irks employees

Tight security around Sindh Assembly building irks employees

Although the provincial government has beefed up security around Sindh Assembly building as a security measure, but it has created problems for the Sindh government employees. During a brief visit of the site, it was observed that the provincial governmen
Published 24 Nov, 2010 12:00am
KESC energy conservation stall at Youth Festival attracts large crowds

KESC energy conservation stall at Youth Festival attracts large crowds

The Karachi Electric Supply Company received massive response from dignitaries as well as the visiting public at the 'Youth Festival 2010' being held at Arts Council towards its Mass Awareness Participation Programme stall. On the inaugural day on Sunday
Published 24 Nov, 2010 12:00am
IBA's convocation on November 30

IBA's convocation on November 30

The convocation of year 2010 of Institute of Business Administration (IBA) Karachi will be held at its main campus on November 30. A spokesperson of IBA said that Governor of Sindh, Dr Ishrat-ul-Ebad Khan, also the patron of the institute, will be the chi
Published 24 Nov, 2010 12:00am
Need to incorporate modern practices in education stressed

Need to incorporate modern practices in education stressed

Modern education system with sophisticated computer applications should be adopted to boost learning skills of the students, particularly in D.G. Khan, Rajanpur, Multan, Khanewal, Bahawalpur and other districts having lowest literacy rate, experts said.
Published 24 Nov, 2010 12:00am
Asia-Gaza Solidarity caravan to arrive on December 8

Asia-Gaza Solidarity caravan to arrive on December 8

A meeting of social, political and trade union organisations was held at HRCP office here to discuss the forthcoming caravan of peace activists of Asia-Gaza Solidarity Caravan from India on its way to Gaza that arrives in Karachi on December 8, 2010. The
Published 24 Nov, 2010 12:00am
Sale of fruit, vegetables declines

Sale of fruit, vegetables declines

Sale of fruits and vegetables has declined considerably as their increasing prices have made them out of reach of a common man. Retailers of fruits and vegetables claimed that majority of people who used to purchase vegetables in kilograms are now buying
Published 24 Nov, 2010 12:00am
Netherlands envoy meets Dr Farooq Sattar

Netherlands envoy meets Dr Farooq Sattar

Joost Reintjes, Ambassador of the Netherlands in Pakistan called on Federal Minister for Overseas Pakistanis, Dr Farooq Sattar here on Tuesday. The Minister briefed the envoy about the various initiatives taken by the government for the facilitation and w
Published 24 Nov, 2010 12:00am
RGST Bill, LB polls: PPP seeks to muster PML-Q backing in Punjab

RGST Bill, LB polls: PPP seeks to muster PML-Q backing in Punjab

Pakistan People's Party (PPP) is paving the way to get support of Pakistan Muslim League (PML-Q) on General Sales Tax (GST) Bill, 2010 in the Parliament, and seat to seat adjustment in the forthcoming local bodies' elections in Punjab, sources told the <i
Published 24 Nov, 2010 12:00am
Flood relief operations: Army establishes geographic information system

Flood relief operations: Army establishes geographic information system

Pakistan Army established a geographic information system for better co-ordination in flood relief operations. According to ISPR, Pak Army established the System with data from Google Map Maker to better co-ordinate the flood relief operations. Since the
Published 24 Nov, 2010 12:00am
Warraich named new president PPP Punjab

Warraich named new president PPP Punjab

President Asif Ali Zardari on Tuesday appointed Imtiaz Safdar Warraich, Minister of State and presently divisional co-ordinator of the PPP Gujranwala as provincial President of the PPP Punjab. President Zardari who is also the Co-chairman PPP appointed th
Published 24 Nov, 2010 12:00am
Khyber Pakhtunkhwa reverts to six-day work week

Khyber Pakhtunkhwa reverts to six-day work week

The government of Khyber Pakhtunkhwa has, with immediate, reverted back to 06 days work week in line with the decision of the federal government with office timings from 0800 to 1420 hours with break for prayers from 1300 to 1330 hours. The Chief Minister
Published 24 Nov, 2010 12:00am
Khyber Pakhtunkhwa to ensure free, fair local bodies' polls

Khyber Pakhtunkhwa to ensure free, fair local bodies' polls

Minister for Information and Public Relations, Khyber Pakhtunkhwa, Mian Iftikhar Hussein has said under the 18th Constitutional Amendment local bodies polls have been made provincial matter and the provincial government will ensure free, fair and impartia
Published 24 Nov, 2010 12:00am
'Higher education is of extreme importance for progress of any country'

'Higher education is of extreme importance for progress of any country'

Higher education is of extreme importance for the progress and prosperity of any country, said Adam Thomson, British High Commissioner to Pakistan. Adam Thomson was addressing the launching ceremony of the International Strategic Partnership in Research a
Published 24 Nov, 2010 12:00am
Provinces asked to remain strict to annual canal closures schedule

Provinces asked to remain strict to annual canal closures schedule

Minister for Water and Power, Raja Pervez Ashraf has asked all Provinces to remain strict on annual canal closures schedule and complete the de-silting/repair of canals and related infrastructure within 35 days starting from 26th December, 2010 to 31st Ja
Published 24 Nov, 2010 12:00am
Flood victims: high school Ankara organises fund-raiser

Flood victims: high school Ankara organises fund-raiser

The exceptional support and solidarity of the Turkish people for the flood affecteed people of Pakistan is continue, as Mamak Anatolian Vocational Religious High School, Ankara, organised a fund-raiser in this connection on Tuesday, which was attended by
Published 24 Nov, 2010 12:00am
Minister visits Nanjing Yunjin Brocade Silk Research Institute

Minister visits Nanjing Yunjin Brocade Silk Research Institute

Federal Minister for Culture, Pir Aftab Shah Jilani visited the Nanjing Yunjin Brocade Silk Research Institute here on Tuesday and held meeting with its Director, Wang Baolin. Wang informed the Minister that Yunjin Brocade silk, having a history of over 1
Published 24 Nov, 2010 12:00am
Sixth meeting of NSPP's BoG held

Sixth meeting of NSPP's BoG held

The 6th meeting of the Board of Governors (BoG) of the National School of Public Policy (NSPP) was chaired by Syed Naveed Qamar, Federal Minister for Petroleum and Natural Resources, in his capacity as the Vice Chairman of the Board, in the Establishment
Published 24 Nov, 2010 12:00am
'Government inaction against drone attacks shameful'

'Government inaction against drone attacks shameful'

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan said that the failure of the government to lodge any meaningful protest at any level on any international platform against the ceaseless and progressively increasing violation of Pakistan's Sovereignty on
Published 24 Nov, 2010 12:00am
Khalid Pervaiz assured of full support

Khalid Pervaiz assured of full support

The Lahore Chamber of Commerce and Industry has assured the newly elected Acting President of All Pakistan Anjuman-e-Tajiran of its fullest support to all his endeavours aimed at revival of economic activity in the country.
Published 24 Nov, 2010 12:00am
'Acquisition of knowledge, promotion of education a must'

'Acquisition of knowledge, promotion of education a must'

Punjab University Vice-Chancellor Professor Dr Mujahid Kamran has stated that in today's age of globalisation acquisition of knowledge and promotion of education is a must for any nation to achieve socio-economic and political supremacy as well as for its
Published 24 Nov, 2010 12:00am
Fake degree: election tribunal summons Registrar Islamia University

Fake degree: election tribunal summons Registrar Islamia University

An election tribunal headed by a judge of the Lahore High Court (LHC) on Tuesday while hearing a petition challenging election of Pakistan Muslim League-Nawaz (PML-N) MPA Shaukat Manzoor Cheema from PP-104 Gujranwala on the basis of bogus BA degree summon
Published 24 Nov, 2010 12:00am
Ishrat underlines five steps for government to strengthen economy

Ishrat underlines five steps for government to strengthen economy

The government should enable and regulate businesses, protect life and property of investors, enforce rule of law, honour contracts and develop infrastructure to strengthen economy. This was stated by Dr Ishrat Hussain, Dean and Director, Institute of Bus
Published 24 Nov, 2010 12:00am
President considering appeal of Aasia Bibi: minister

President considering appeal of Aasia Bibi: minister

Minister for Human Rights and Minority Affairs Punjab, Kamran Michael has said that the department of human resources (HR) and minority's affairs (MA) have taken notice of Aasia Bibi's issue and factual position would be brought to light. He expressed the
Published 24 Nov, 2010 12:00am
Amendment to blasphemy law to lead to social unrest: Shujaat

Amendment to blasphemy law to lead to social unrest: Shujaat

Pakistan Muslim League (PML-Q) President, Senator Chaudhary Shujaat Hussain has criticised the efforts being made to release Asia Bibi, warning that any effort to amend blasphemy law would lead to social unrest. He said Muslims consider their affection wi
Published 24 Nov, 2010 12:00am
Three students burnt alive in a car accident

Three students burnt alive in a car accident

Three students of a private school were burnt alive, when a car collided with an electric pole near Apprenticeship Training College on Sargodha road, here on Tuesday morning. The CNG cylinder of the car burst and caught fire. According to details, childre
Published 24 Nov, 2010 12:00am
Anwar Ali's cartoons' exhibition opens at LPC

Anwar Ali's cartoons' exhibition opens at LPC

A two-day exhibition of legendary cartoonist the late Anwar Ali, creator of famous character Nanna began at the Lahore Press Club (LPC) on Tuesday. Anwar Ali (1922-2004) was the first newspaper cartoonist in Pakistan whose work spanned over thirty years o
Published 24 Nov, 2010 12:00am
3.8 million tons of sugar to be produced this year

3.8 million tons of sugar to be produced this year

There will be no shortage of sugar in Pakistan in coming days because local sugar mills will produce around 3.8 million tons of sugar during current crushing season, which is 0.2 million tons higher than 3.6 million tons produced last year and almost 0.5
Published 24 Nov, 2010 12:00am
'Science may bridge gape between Pakistan and India'

'Science may bridge gape between Pakistan and India'

Experts at 12th International Symposium have urged the government to immediately pay attention towards the provision of funds to higher learning institutions in the country, and said the higher learning institutions are facing sever financial crunch.
Published 24 Nov, 2010 12:00am
Khyber Pakhtunkhwa government approves construction of Swat Expressway

Khyber Pakhtunkhwa government approves construction of Swat Expressway

The Khyber Pakhtunkhwa Government has decided construction of Swat Expressway to provide fast communication facilities to the militancy and floods affected people Malakand Division, Environment Minister, Wajid Ali Khan said on Tuesday. "The government has
Published 24 Nov, 2010 12:00am
Nadra to issue arms licenses from December 15

Nadra to issue arms licenses from December 15

National Database and Registration Authority (Nadra) will commence issuing arms licenses from December 15 and all necessary arrangements have been completed in a transparent manner, said Tariq Malik, Deputy Chairman Nadra here on Tuesday. It will be a pil
Published 24 Nov, 2010 12:00am
Shujaat disowns Hiraj's appointment as ERRA chief

Shujaat disowns Hiraj's appointment as ERRA chief

Pakistan Muslim League-Q President Chaudhry Shujaat Hussein has held the PPP-led coalition government responsible for delay in the adoption of new accountability bill. Talking to reporters at the residence of PML-Q Secretary General Mushahid Hussein Sayed
Published 24 Nov, 2010 12:00am
FSC reserves verdict on petitions challenging Women Protection Law

FSC reserves verdict on petitions challenging Women Protection Law

Federal Shariat Court (FSC) on Tuesday reserved its verdict on petitions challenging Women Protection Law adopted by the Parliament in 2006. A three-member bench of FSC comprising Chief Justice Agha Raifq Ahmad, Justice Afzal Haider and Justice Shahzado S
Published 24 Nov, 2010 12:00am
MoC begins consultations on APTTA with stakeholders

MoC begins consultations on APTTA with stakeholders

The Commerce Ministry has started consultations with the stakeholders on the US-pushed Afghanistan-Pakistan Transit Trade Agreement (APTTA), almost one month after signing the pact in Kabul, sources told Business Recorder here on Tuesday.
Published 24 Nov, 2010 12:00am
14 militants killed, six injured

14 militants killed, six injured

14 militants were killed, six others sustained injuries while four of their hideouts destroyed in shelling by gun-ship helicopters in the upper parts of Orakzai Agency on Monday, official sources said. The choppers targeted hideouts of militants in Kot Ki
Published 24 Nov, 2010 12:00am
After tax loss of Honda Atlas Cars reduces to Rs 55.557 million

After tax loss of Honda Atlas Cars reduces to Rs 55.557 million

The after tax loss of Honda Atlas Cars (Pakistan) Limited has reduced to Rs 55.557 million in the quarter ended September 30, 2010 as compared to a loss of Rs 380.489 million recorded in the corresponding period in 2009.
Published 24 Nov, 2010 12:00am
After tax loss of Honda Atlas Cars reduces to Rs 55.557 million

After tax loss of Honda Atlas Cars reduces to Rs 55.557 million

The after tax loss of Honda Atlas Cars (Pakistan) Limited has reduced to Rs 55.557 million in the quarter ended September 30, 2010 as compared to a loss of Rs 380.489 million recorded in the corresponding period in 2009.
Published 24 Nov, 2010 12:00am
WAK Group will provide LPG to Askari gas stations: Accord inked

WAK Group will provide LPG to Askari gas stations: Accord inked

The increasing prices of petrol and diminishing level of Compressed Natural Gas (CNG) have made it difficult for the motorists to ply their vehicles. In this situation, there is a need of such type of a fuel that can be supplied to the people at a cheaper
Published 24 Nov, 2010 12:00am
Asia Pacific Regional Symposium: chief executive PARB to participate

Asia Pacific Regional Symposium: chief executive PARB to participate

Dr Mubarik Ali, Chief Executive Punjab Agricultural Research Board (PARB) has left for Korea to participate in Asia and Pacific Division sponsored Regional Symposium on Food Security being held from 23rd to 25th November 2010. He was invited by the Intern
Published 24 Nov, 2010 12:00am
Bench, bar integral part of judicial administration: Chief Justice

Bench, bar integral part of judicial administration: Chief Justice

Chief Justice Iftikhar Muhammad Chaudhry on Tuesday reiterated that both bar and bench were integral part of judicial administration and they should freely interact for providing public quick and easy access to justice. He stated this while talking to a j
Published 24 Nov, 2010 12:00am
Opposition in Senate resists RGST Bill

Opposition in Senate resists RGST Bill

The Opposition in the Senate on Tuesday criticised the government for its move to impose new taxes on masses and strongly opposed the Reformed General Sales Tax Bill, 2010. While commenting on the Bill, Leader of Opposition in the Senate, Waseem Sajjad sa
Published 24 Nov, 2010 12:00am
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