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Print - 2010-12-14
Lawyers to resist any change in blasphemy laws

Lawyers to resist any change in blasphemy laws

Hurmat Rasool (PBUH) Committee of the Lahore High Court Bar Association (LHCBA) held a protest at GPO Chowk at the Mall by chanting slogans against the federal government and the Punjab governor for allegedly trying to protect the 'blasphemers' and to ame
Published 14 Dec, 2010 12:00am
Suicide bomber kills four in Iraq

Suicide bomber kills four in Iraq

Four people were killed and 17 wounded by a suicide bomber who blew himself up near a group of Shia pilgrims in a town north-east of Iraq's capital on Monday. The bomber detonated his explosive vest after a policeman stopped him from approaching the pilgr
Published 14 Dec, 2010 12:00am
South Korea boat sinks; 22 feared dead

South Korea boat sinks; 22 feared dead

A South Korean fishing boat sank in the Antarctic Ocean's frigid waters Monday, with 22 sailors feared killed in the open sea where vessels trawl for deep-water fish. Five sailors were confirmed dead and 20 survivors were rescued shortly after the 614-ton
Published 14 Dec, 2010 12:00am
Egypt rain and sandstorms kill at least 31

Egypt rain and sandstorms kill at least 31

Rain and sandstorms that battered Egypt at the weekend killed at least 31 people, officials said Monday, adding the toll could rise as rescue workers were still sifting through two collapsed buildings. The bodies of six workers were pulled out Monday of t
Published 14 Dec, 2010 12:00am
Sri Lanka scraps minority language anthem

Sri Lanka scraps minority language anthem

Sri Lanka has scrapped its national anthem's minority Tamil language version, a move that may add to the country's ethnic tensions after a bloody decades-long civil war. Public Administration Minister John Seneviratne said Monday the Cabinet decided only
Published 14 Dec, 2010 12:00am
Iran conducts large military exercise

Iran conducts large military exercise

Iran's army has finished a large military exercise by ground forces near the Iraqi border, the state news agency reported Monday. But unlike previous war games in which Iran boasted of weapons advances, the latest manoeuvres were largely held under wraps.
Published 14 Dec, 2010 12:00am
Abbas urges EU to recognise Palestinian state

Abbas urges EU to recognise Palestinian state

Palestinian president Mahmud Abbas on Monday urged the European Union to move towards recognition of a Palestinian state, in a call to the bloc's top diplomat. "(Catherine) Ashton spoke today with president Abbas who called on the EU to take a step toward
Published 14 Dec, 2010 12:00am
EU imposes sanctions on Ivory Coast

EU imposes sanctions on Ivory Coast

The European Union imposed sanctions on Ivory Coast incumbent Laurent Gbagbo on Monday and his army surrounded his rival's headquarters in a tense stand-off. Gbagbo is in a power struggle with Alassane Ouattara, with both claiming victory in a November 28
Published 14 Dec, 2010 12:00am
Germany, Poland, France seek stronger EU defence

Germany, Poland, France seek stronger EU defence

Germany, France and Poland are calling for increased co-operation between the European Union and Nato on security and defence issues. In a letter obtained by The Associated Press and signed by the three nations' foreign and defence ministers, they call fo
Published 14 Dec, 2010 12:00am
Germany to withdraw troops from Afghanistan in 2011

Germany to withdraw troops from Afghanistan in 2011

Germany aims to start withdrawing troops from Afghanistan at the end of 2011, a decade after the start of the war, a government report showed on Monday. Nato leaders agreed at a summit in Lisbon last month to begin transferring security responsibility in
Published 14 Dec, 2010 12:00am
Afghan MPs demand president form new parliament

Afghan MPs demand president form new parliament

About 100 Afghan members of parliament demanded on Monday that President Hamid Karzai inaugurate the assembly by December 19, almost three weeks after final results of a fraud-marred election were declared. Afghanistan's political crisis has been simmerin
Published 14 Dec, 2010 12:00am
Kosovo heading for gridlock after poll

Kosovo heading for gridlock after poll

Kosovo faced political gridlock on Monday with both the main parties claiming victory in the territory's first election since its declaration of independence in 2008. Exit polls by two independent non-governmental organisations put Prime Minister Hashim T
Published 14 Dec, 2010 12:00am
Portuguese bank offered US to spy on Iranian finances

Portuguese bank offered US to spy on Iranian finances

Portugal's largest private bank offered to inform the United States about Iranian financial activities in exchange for being allowed to do business inIran, according to diplomat cables published Monday. Representatives of the Millennium BCP bank visited T
Published 14 Dec, 2010 12:00am
WikiLeaks rival Openleaks 'coming soon'

WikiLeaks rival Openleaks 'coming soon'

The former deputy to WikiLeaks founder Julian Assange is vowing to launch a rival site soon that he says will be more transparent than the original. Dubbed "Openleaks" (www.openleaks.org) and run by Assange's former number two at WikiLeaks Daniel Domschei
Published 14 Dec, 2010 12:00am
UK fears pro-WikiLeaks attacks on government websites

UK fears pro-WikiLeaks attacks on government websites

Britain's national security adviser has warned that government websites are at risk of cyber attack from pro-WikiLeaks hackers, Prime Minister David Cameron's office said Monday. Ministries have been told they could be targeted by online "hacktivists," fo
Published 14 Dec, 2010 12:00am
Stockholm bomber aimed for major targets, had UK link

Stockholm bomber aimed for major targets, had UK link

A Middle East-born man killed in a blast in Stockholm wore an explosives belt and was geared up to attack a crowded train station or department store when the device went off prematurely, an official said on Monday. Police were all but certain the attacke
Published 14 Dec, 2010 12:00am
New York cotton settles at one-month top

New York cotton settles at one-month top

US cotton futures ended Monday up the daily limit at a one-month top on speculative buying, but dealings were light as most players seemed content to sit on the sidelines for the moment, brokers said. Cotton is the best performing commodity in the Reuters
Published 14 Dec, 2010 12:00am
Malaysian palm oil futures at 30-month high

Malaysian palm oil futures at 30-month high

Malaysian palm oil futures hit a 30-month high on Monday, bolstered by concerns over supply tightness during the monsoon season and a firmer Chinese soyaoil market. "Production is going to fall in December, as output has been sizing down due to heavy rai
Published 14 Dec, 2010 12:00am
Oil up on China data

Oil up on China data

Oil rose on Monday as strong Chinese economic data lifted commodities even as the country's soaring inflation did not lead to an interest rate hike to cool the economy. Europe's cold snap and a cold front moving across the US Midwest into the heating oil-
Published 14 Dec, 2010 12:00am
Tokyo rubber futures hit record high

Tokyo rubber futures hit record high

The most active rubber contract on the Tokyo Commodity Exchange surged to a record on Monday on fund buying driven by tight supply in producing countries and rising imports from top consumer China. TOCOM's May rubber contract hit a high at 396.4 yen a kg
Published 14 Dec, 2010 12:00am
Liffe sugar and coffee higher

Liffe sugar and coffee higher

Liffe March white sugar ended $32.70 higher at $755.20 per tonne on Monday. Market boosted by a weaker dollar and uncertainty about the outlook for Indian production and exports. Liffe March robusta coffee ended $26 higher at $1,934 per tonne. Market drag
Published 14 Dec, 2010 12:00am
Shanghai copper climbs

Shanghai copper climbs

Copper prices rose almost 2 percent in Shanghai on Monday, dragging London to a record high, on positive technical signals and strong data from China over the weekend. Shanghai copper closed 1,160 yuan higher at 68,480 yuan. Shanghai copper was expected t
Published 14 Dec, 2010 12:00am
Copper hits record highs

Copper hits record highs

Copper hit successive record highs on Monday, boosted by economic prospects for top consumer China, and supply concerns that could propel prices even higher. Benchmark copper on the London Metal Exchange finished at $9,220, from $8,980 at the close on Fri
Published 14 Dec, 2010 12:00am
Gold up on physical buying in Asia

Gold up on physical buying in Asia

Spot gold edged higher on Monday as healthy physical demand helped buoy prices, while China's move to further tighten its monetary policy and upbeat US economic data weighed on sentiment. China raised cash reserve requirements for banks on Friday, as the
Published 14 Dec, 2010 12:00am
Gold extends gains in European trade

Gold extends gains in European trade

Gold extended gains above $1,390 an ounce in Europe on Monday as the dollar surrendered early gains against the euro, and as last week's price dip of more than 2 percent brought physical buyers back to the market. Concern over the outlook for the eurozone
Published 14 Dec, 2010 12:00am
US MIDDAY: coffee and sugar surge

US MIDDAY: coffee and sugar surge

ICE arabica coffee and sugar futures surged on Monday as the dollar surrendered early gains against the euro, while cocoa rose in cautious, choppy trade with a focus on supply risks from Ivory Coast. The euro rose against the dollar on Monday, boosted by
Published 14 Dec, 2010 12:00am
US MIDDAY: soya and wheat and corn up

US MIDDAY: soya and wheat and corn up

Soyabeans, corn and wheat futures on the Chicago Board of Trade were higher near midday, bolstered by the lower US dollar, which fell following China's decision to keep its interest rates unchanged, traders said. CBOT trends at 11:49 am CST (1749 GMT) on
Published 14 Dec, 2010 12:00am
US MIDDAY: gold moves higher

US MIDDAY: gold moves higher

Gold rose toward $1,400 an ounce on Monday after a 2 percent decline last week, with investors buying bullion as the dollar weakened, China kept interest rates steady and a US tax cut extension loomed. "Gold is getting a lift from the lack of action by th
Published 14 Dec, 2010 12:00am
Violence against students: PML-Q to raise issue at every forum: Shujaat

Violence against students: PML-Q to raise issue at every forum: Shujaat

Pakistan Muslim League-Q will never tolerate injustice with the teachers or students and will raise the issue of torture at every forum including the parliament. Pakistan Muslim League-Q President, Senator Chaudhry Shujaat Hussain said this while talking
Published 14 Dec, 2010 12:00am
Ambassador of Finland visits TI Pakistan's Office

Ambassador of Finland visits TI Pakistan's Office

The Ambassador of Finland, Osmo Lipponen along with Ms Katja Kalamaki, Deputy Head of Mission Second Secretary and Mr Ahmad Mahmud, Honorary Consul General of Finland, Karachi visited the office of Transparency International Pakistan Office on Monday Dece
Published 14 Dec, 2010 12:00am
National Rabta Information Portal inaugurated

National Rabta Information Portal inaugurated

State Minister for Information and Broadcasting Syed Sumsam Ali Shah Bukhari on Monday inaugurated 'National Rabta Information Portal' (www.pakistan.pk), a single source web portal developed by Pakistan Telecommunication Authority (PTA), providing one-win
Published 14 Dec, 2010 12:00am
US launches project to help small farmers in Sindh

US launches project to help small farmers in Sindh

The United States Government Monday launched a project to help small farmers in Sindh province cultivate sunflowers by providing seed, fertiliser and technical assistance. USAID Economic Growth Officer Sarah Parvez, who represented the US at a launching c
Published 14 Dec, 2010 12:00am
Car race incident: police chief asked to arrest organisers

Car race incident: police chief asked to arrest organisers

Having learnt about the lukewarm response of the police against the accused of the drag race that killed five and injured two persons, the Supreme Court on Monday directed Punjab police chief to arrest all the four, who managed the event and report to the
Published 14 Dec, 2010 12:00am
Allied Bank awarded PCP Corporate Philanthropy Award

Allied Bank awarded PCP Corporate Philanthropy Award

Allied Bank has been ranked fourth in the category of volume of donations made during the year 2009 among all Public Listed Companies (PLCs) of the Country, according to the "Survey of Public Listed Companies 2009" conducted by Pakistan Centre for Philant
Published 14 Dec, 2010 12:00am
Chinese envoy meets Malik

Chinese envoy meets Malik

In the wake of upcoming visit of Chinese Prime Minister, Chinese Ambassador to Pakistan Liu Jian held a meeting with Federal Minister for Interior Rehman Malik to review security measures and other arrangements for the visit. They discussed security arran
Published 14 Dec, 2010 12:00am
Multan Express's schedule changed

Multan Express's schedule changed

Pakistan Railways administration has changed the schedule of 173 Up/ 174 Dn Multan Express, running between Multan and Faisalabad to facilitate the passengers. According to a press release issued on Monday, 173 Up train will now leave Multan at 4:00 pm an
Published 14 Dec, 2010 12:00am
Young doctors of Khyber Pakhtunkhwa warn of protest campaign

Young doctors of Khyber Pakhtunkhwa warn of protest campaign

The young doctors of Khyber Pakhtunkhwa has warned the provincial government for immediate release of the already sanctioned funds for FCPS-II training and in case of failure in acceptance their demands they would take streets to express their protest. Th
Published 14 Dec, 2010 12:00am
Rise in prices ascribed to RGST, Finance Bill 2010

Rise in prices ascribed to RGST, Finance Bill 2010

A general increase in prices is attributed to two factors: in anticipation of the approval of Sales Tax and Finance Bill 2010 by parliament with an additional 700 items under the sales tax regimen, and the poor business environment due to continuing energ
Published 14 Dec, 2010 12:00am
PTCL, PITB sign MoU

PTCL, PITB sign MoU

Pakistan Telecommunication Company Limited (PTCL) has signed a Memorandum of Understanding with the Punjab Information Technology Board (PITB) to extend its advanced technological infrastructure for maximum outreach to citizens of Punjab. The PTCL Senior
Published 14 Dec, 2010 12:00am
US Embassy condemns attack on school bus

US Embassy condemns attack on school bus

The United States Embassy in Pakistan strongly condemns Monday's attack on a school bus in the Bana Mhari area of Peshawar. At least two people, including one child, were killed and several others were injured during an explosion near the bus. The deliber
Published 14 Dec, 2010 12:00am
SECP approves 'Automation of Securities Settlement' project

SECP approves 'Automation of Securities Settlement' project

In line with its efforts to promote greater reliability, efficiency and transparency in the capital market operations, the Securities and Exchange Commission of Pakistan (SECP) has approved the project of 'Automation of Securities Settlement,' at the Cent
Published 14 Dec, 2010 12:00am
Tax rebate

Tax rebate

Recently the FBR had notified that the government has also allowed 80% percent rebate in the tax liability of pharmaceutical distributors, distributors of fast moving consumer goods and distributors of fertilisers and 80% tax rebate would be available onl
Published 14 Dec, 2010 12:00am
M A Zuberi

M A Zuberi

I am totally shocked to learn about the demise of M. A. Zuberi. He was a great scholar, who championed the cause of economic and financial journalism in Pakistan. He contributed in an enriched manner in accelerating the pace of increasing knowledge across
Published 14 Dec, 2010 12:00am
Understanding inflation and SBP's monetary policy stance

Understanding inflation and SBP's monetary policy stance

The following is the text of SBP governor Shahid H Kardar's speech that he delivered at Federation of Pakistan Chambers of Commerce and Industry's function on Monday, 13th December, 2010: The debate on the role of monetary policy in ensuring macroe
Published 14 Dec, 2010 12:00am
Politicians - the unrepentant lot

Politicians - the unrepentant lot

There is growing consensus that governance has been bad the world over - not just by the state but by every institution. The ignored reality that surfaced regularly - bad governance-driven recessions - while population kept rising is now manifested boldly
Published 14 Dec, 2010 12:00am
TAPI gas pipeline signed

TAPI gas pipeline signed

Amidst much fanfare, an inter-governmental agreement (IGA) and Gas Sales Purchase Agreement (GSPA) on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) was signed in Ashgabat on December 11 as planned. Turkmenistan, the host country, as well as Pakistan
Published 14 Dec, 2010 12:00am
End of an era

End of an era

Bringing to an end a life-long inning of a journalistic career, greatly inspired and shaped by the ideals of Quaid-e-Azam Muhammad Ali Jinnah, founder of the Business Recorder Group and Editor-in-Chief of the Daily Business Recorder, M A Zuberi pa
Published 14 Dec, 2010 12:00am
Textile exporters protest against low gas pressure

Textile exporters protest against low gas pressure

Pakistan Textile Exporters Association have strongly protested against the 90pc low pressure in gas supply to Faisalabad industry and termed it a deliberate attempt to shatter the export oriented textile industry. This low-pressure tactics would inflict a
Published 14 Dec, 2010 12:00am
Jamaat-i-Islami condemns stoppage of gas supply

Jamaat-i-Islami condemns stoppage of gas supply

Jamaat-e-Islami Deputy Secretary General, Dr Farid Ahmed Piracha, has condemned the stoppage of gas supply to the Punjab industries besides unannounced loadshedding of gas and electricity to different cities in the province. He said not only the industrie
Published 14 Dec, 2010 12:00am
PML-N flays suspension of gas supply

PML-N flays suspension of gas supply

Pakistan Muslim League (Nawaz) has strongly criticised the government's decision suspending gas supply to the Punjab industry for indefinite period and said the move would destabilise the Punjab economy.
Published 14 Dec, 2010 12:00am
Sri Lankan Coast Guard team visits MSA

Sri Lankan Coast Guard team visits MSA

A high-level Sri Lankan Coast Guard delegation headed by its Director General, Rear Admiral L.D. Dharamprya, visited Headquarters Pakistan Maritime Security Agency (MSA) on Monday. An MSA statement said the dignitary was received by Rear Admiral Zafar Mah
Published 14 Dec, 2010 12:00am
Recycled paper: decorative products can emerge as a specialised industry

Recycled paper: decorative products can emerge as a specialised industry

The environment friendly packaging and decorative products made of the recycled paper can emerge as a specialised industry for women entrepreneurs in Pakistan. The Small and Medium Enterprises Development Authority (SMEDA) Chief Executive Officer Anwar A.
Published 14 Dec, 2010 12:00am
KESC to organise more energy conservation activities

KESC to organise more energy conservation activities

Karachi Electricity Supply Company (KESC) has started organising Energy Conservation activities in the city to educate people regarding energy consumption and saving issues. Amir Abbasi, General Manager Media and Public Relations, KESC told Business Re
Published 14 Dec, 2010 12:00am
Law and order a collective responsibility, says Mirza

Law and order a collective responsibility, says Mirza

Sindh Home Minister Dr Zulfiqar Ali Mirza has said that maintaining law and order situation in the province was collective responsibility of all the coalition partners. "As the Home Minister I take all the responsibility and we are also deeply concerned b
Published 14 Dec, 2010 12:00am
Clash between two ethnic groups

Clash between two ethnic groups

Incident of violence, sparked by armed clash between two ethnic groups, left two persons including an activist of Muttahida Qaumi Movement (MQM) wounded at Shah Faisal town on Monday.
Published 14 Dec, 2010 12:00am
Sub-urban UCs of Lahore: JSCD brings positive social change

Sub-urban UCs of Lahore: JSCD brings positive social change

Jahandad Society For Community Development (JSCD) in collaboration with Unicef has brought a positive social change in sub-urban union councils of Lahore by motivating and helping families to send their out of school children to schools. JSCD developed a
Published 14 Dec, 2010 12:00am
Over 116,000 pilgrims return

Over 116,000 pilgrims return

More than 116,000 pilgrims have returned from Saudi Arabia after performing Hajj since the beginning of post-Hajj flights operation from November 20. Pakistan International Airlines (PIA) and Saudi Airlines are operating special Hajj flights to complete t
Published 14 Dec, 2010 12:00am
Tarbela Dam: Wapda set to conduct sedimentation study

Tarbela Dam: Wapda set to conduct sedimentation study

Water and Power Development Authority (Wapda) has planned to conduct a management study for Tarbela Dam Project to tackle the issue of decreasing water storage capacity in the reservoir due to the natural phenomenon of sedimentation. Besides exploring way
Published 14 Dec, 2010 12:00am
Students, teachers: HRCP voices concern over police violence

Students, teachers: HRCP voices concern over police violence

The Human Rights Commission of Pakistan (HRCP) has urged the government to take note of poor policing and wanton use of violence by police against the protesting students and teachers. The commission, in a statement issued here on Monday, lamented that de
Published 14 Dec, 2010 12:00am
'Unemployment, poverty compelling parents to send children to work'

'Unemployment, poverty compelling parents to send children to work'

Unemployment, poverty and lack of education is compelling parents to send their children to work and due to lack of implementation of labour laws and related children rights is causing increase in violence and torture on domestic child workers day by day.
Published 14 Dec, 2010 12:00am
PIE clarification

PIE clarification

The Punjab Industrial Estate Management and Development Company (PIE) has issued following press release to clarify its position regarding a news published in Business Recorder. There has been no raid by any department in Sundar Industrial Estate (
Published 14 Dec, 2010 12:00am
Government to salvage ailing textile units: minister

Government to salvage ailing textile units: minister

The government has chalked out a comprehensive programme to protect the ailing textile units straddling fast to ultimate closures because of soaring cost of production and cotton and yarn shortage besides interrupted power and gas supply. In an exclusive
Published 14 Dec, 2010 12:00am
Hoax bomb calls cause panic in Interior Ministry

Hoax bomb calls cause panic in Interior Ministry

Hoax bomb calls caused panic in Interior Ministry with forced evacuation of the Secretariat and residence of Federal Minister for Interior, but after thorough frisking both the buildings were cleared by Bomb Disposal Squad.
Published 14 Dec, 2010 12:00am
PPP-led government to face all challenges with fortitude: President

PPP-led government to face all challenges with fortitude: President

President Asif Ali Zardari on Monday said that the PPP led government while pursuing the policy of reconciliation will face all the challenges with fortitude and continue forward march on the path of progress and prosperity besides ensuring socio-economic
Published 14 Dec, 2010 12:00am
Mangla dam: 'affectees' rights to be safeguarded'

Mangla dam: 'affectees' rights to be safeguarded'

Member AJK Legislative Assembly and President Pakistan Peoples Party (PPP) AJK Chaudhry Abdul Majeed has said on Monday, the due rights of Mangla dam affectees will be safeguarded in letter and spirit. Talking to a delegation of the Dam affectees, Majeed
Published 14 Dec, 2010 12:00am
Unicef warns against epidemic outbreak among flood-hit children

Unicef warns against epidemic outbreak among flood-hit children

The United Nations Children's Fund (Unicef) warned that winter will be worsen the threats of epidemic against children inhabited in flood hit areas, who already suffer high rates of acute respiratory infections and malnutrition. "The coming cold months wi
Published 14 Dec, 2010 12:00am
Raisani for social contract to resolve Balochistan issue

Raisani for social contract to resolve Balochistan issue

Chief Minister Balochistan, Nawab Muhammad Aslam Raisani has emphasised the need to announce a new social contract to resolve Balochistan issue. He stated this while talking to a media briefing at Balochistan Assembly premises, on Monday.
Published 14 Dec, 2010 12:00am
'Government in full control of internal situation'

'Government in full control of internal situation'

Prime Minister Syed Yousuf Raza Gilani on Monday said the government was in full control of the internal situation and would not allow any body pursue vested personal agendas, or derail the country from path of economic prosperity and sustained democracy.
Published 14 Dec, 2010 12:00am
Teachers being killed in Balochistan: HRW

Teachers being killed in Balochistan: HRW

Nationalist, sectarian and Islamist networks are killing teachers, damaging education and limiting development in one of Pakistan's most deprived areas, a US-based rights group said Monday. Human Rights Watch (HRW) said at least 22 teachers and other educ
Published 14 Dec, 2010 12:00am
Supreme Court rejects PCO judges' objections on bench

Supreme Court rejects PCO judges' objections on bench

Supreme Court Monday rejected objections raised by PCO judges on composition of bench hearing contempt notices against them. The bench comprising Justice Mahmood Akhtar Shahid Siddiqui, Justice Jawad S Khwaja, Justice Khilji Arif Hussain and Justice Tariq
Published 14 Dec, 2010 12:00am
Pakistan disappointed at Sarkozy, Merkel remarks

Pakistan disappointed at Sarkozy, Merkel remarks

Pakistan on Monday expressed surprise and disappointment at reported remarks by President Nicolas Sarkozy and Chancellor Angela Merkel saying incriminating Pakistan in the context of terrorism was unjustified and uncalled for, said a statement issued by t
Published 14 Dec, 2010 12:00am
The Weather

The Weather

The weather report on Monday (December 13, 2010) and the forecast for Tuesday (December 14, 2010).

Published 14 Dec, 2010 12:00am
LTUs and RTOs appear feckless: Rs 92.26 billion unpaid direct taxes

LTUs and RTOs appear feckless: Rs 92.26 billion unpaid direct taxes

Despite having the deadline of December 31, 2010 for recovering unpaid direct taxes amounting to Rs 92.26 billion, the Large Taxpayers Units (LTUs) and Regional Tax Offices (RTOs) have so far appeared feckless as majority of cases are in litigation, Bu
Published 14 Dec, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (December 13, 2010).

Published 14 Dec, 2010 12:00am
PAF takes delivery of five new US-provided F-16s

PAF takes delivery of five new US-provided F-16s

US and Pakistani officials opened a new chapter in the partnership between the two countries with the delivery of five new F-16 aircraft to the Government of Pakistan. The aircraft were inducted into the Pakistan Air Force (PAF) at a ceremony Monday at Sh
Published 14 Dec, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 14 Dec, 2010 12:00am
Holbrooke stable but 'very critical': Clinton

Holbrooke stable but 'very critical': Clinton

Richard Holbrooke, the US special representative for Afghanistan and Pakistan, is stable but in very critical condition, US Secretary of State Hillary Clinton said on Monday. Holbrooke, 69, has been in hospital since Friday for surgery to repair a torn ao
Published 14 Dec, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 14 Dec, 2010 12:00am
Pakistan's HC pays tribute to M A Zuberi

Pakistan's HC pays tribute to M A Zuberi

High Commissioner for Pakistan to the UK Wajid Shamsul Hasan has expressed heartfelt condolences over sad demise of veteran journalist M A Zubari, says a press release received from London here today. In his condolence message to the sons of Zubari, the a
Published 14 Dec, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (December 13, 2010).

Published 14 Dec, 2010 12:00am
Speaker, Deputy Speaker National Assembly condole death

Speaker, Deputy Speaker National Assembly condole death

Dr Fehmida Mirza, Speaker and Faisal Karim Kundi, Deputy Speaker, National Assembly have condoled the death of M.A Zuberi, Patron-in-Chief, Aaj News and founder of Daily Business Recorder. In their separate condolence messages to the sons of
Published 14 Dec, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (December 13, 2010) and for Tuesday (December 14, 2010).
Published 14 Dec, 2010 12:00am
Death condoled

Death condoled

Mrs Nasir Tanveer has condoled the sad demise of M.A Zuberi, Editor-in-Chief Business Recorder, saying he was one of the pioneers in the field of journalism in Pakistan. His demise is a great loss for the people of Pakistan in general and the journ
Published 14 Dec, 2010 12:00am