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Print - 2011-03-04
US MIDDAY: gold falls 1.5 percent

US MIDDAY: gold falls 1.5 percent

Gold fell nearly 1.5 percent on Thursday, snapping a four-day winning streak as indications the European Central Bank may raise interest rates to battle inflation dented bullion's investment appeal. ECB President Jean-Claude Trichet said the central bank
Published 04 Mar, 2011 12:00am
PAS opens 'call for entry' for 2011 Awards

PAS opens 'call for entry' for 2011 Awards

After a successful launch at a media conference, PAS Awards 2011 has opened 'call for entry'. With 26 categories, the competition ensures a place for companies across a wide advertising spectrum to compete for the honour of creating the year's most effect
Published 04 Mar, 2011 12:00am
Government urged to curb smuggling of motor spare parts

Government urged to curb smuggling of motor spare parts

Chairman All Pakistan Motorcycle Spare Parts Imports and Dealers Association (APMSPIDA), Rehan Hanif has urged the government to take appropriate measure to curb motorcycle spare parts smuggling. Talking to newsmen at his office, he said that several time
Published 04 Mar, 2011 12:00am
Citi Pakistan becomes Custodian Clearing Member of NCCPL

Citi Pakistan becomes Custodian Clearing Member of NCCPL

Citi Pakistan has become a custodian clearing member and the settlement bank for the National Clearing Company of Pakistan (NCCPL). From April 2011, Citi will carry out clearing and settlement of its foreign investor client trades through NCCPL.
Published 04 Mar, 2011 12:00am
Four of a family including three children burnt to death

Four of a family including three children burnt to death

Four members of a family including three children were burnt to death and three critically injured in a blaze at a house in Choki Mohalla of Dhok Ratta area of downtown Rawalpindi in the wee hours of Thursday. The fire erupted in the house due to gas leak
Published 04 Mar, 2011 12:00am
DEC seizes 150g of heroin

DEC seizes 150g of heroin

Pakistan Customs Drug Enforcement Cell - DEC, Karachi Airport Unit recovered and seized 150g heroin concealed in plastic casing of electric distribution box. According to details, Customs DEC staff while clearing the outgoing international courier consign
Published 04 Mar, 2011 12:00am
BoK posts Rs 563.486 million profit after tax

BoK posts Rs 563.486 million profit after tax

The Bank of Khyber (BoK) has posted Rs 563.486 million as profit after tax in the year ended December 31, 2010 as compared to after tax loss of Rs 637.183 million registered in the corresponding period in 2009. The board of directors of the bank in its me
Published 04 Mar, 2011 12:00am
BoK posts Rs 563.486 million profit after tax

BoK posts Rs 563.486 million profit after tax

The Bank of Khyber (BoK) has posted Rs 563.486 million as profit after tax in the year ended December 31, 2010 as compared to after tax loss of Rs 637.183 million registered in the corresponding period in 2009. The board of directors of the bank in its me
Published 04 Mar, 2011 12:00am
ITA demands removal of incompetent administration

ITA demands removal of incompetent administration

The contractual teachers of the Institute of Business and Management Sciences (IBMS), Agriculture University, Peshawar have demanded for the removal of incompetent administration of the university and seek immediate solution to their problems.
Published 04 Mar, 2011 12:00am
Capital police nab 3,505 suspects

Capital police nab 3,505 suspects

Islamabad Police have nabbed 3,505 persons including 2,604 outlaws, 307 proclaimed offenders and 594 beggars during the last two months, recovering stolen commodities worth Rs 32.6 million, 52 cars, 18 rifles and 163 pistols, huge quantity of drugs and li
Published 04 Mar, 2011 12:00am
Local fishermen express resentment at fuel price hike

Local fishermen express resentment at fuel price hike

The local fishermen on Thursday expressed resentment at the fresh fuel price hike by the government, saying the move would further increase their financial problems. They said the fresh fuel price increase would scale down their activities because of thei
Published 04 Mar, 2011 12:00am
IBM sponsors training for aid workers

IBM sponsors training for aid workers

With the growing incidence of both natural and man-made calamities in Pakistan, there is an increasing need for awareness on how to handle traumatised people. Having identified this need, IBM sponsored a one-day intensive workshop 'Working with Survivors
Published 04 Mar, 2011 12:00am
'Water wars in South Asia'

'Water wars in South Asia'

Apropos editorial "Water wars in South Asia" carried by Business Recorder on March 1, 2011, we seek to draw your attention to the reply of Minister for Water and Power of Pakistan in the National Assembly on September 30, 2010 in response to a ques
Published 04 Mar, 2011 12:00am
US states: Frontline of debt crisis has European echoes

US states: Frontline of debt crisis has European echoes

Demonstrators in the US state of Wisconsin have likened their cause to the pro-democracy movements in the Middle East: What began two weeks ago as a protest against cuts to public worker benefits is gaining momentum and spreading to other states. Yet a be
Published 04 Mar, 2011 12:00am
Dangerous to know: India's Right to Information Act

Dangerous to know: India's Right to Information Act

Soon after he exposed how bricks were bought for six times their value for roads that were never built in the northern Indian state of Uttar Pradesh, Amarnath Pandey was shot near his home. The bullet, which he believes was fired by contractors who were b
Published 04 Mar, 2011 12:00am
Tax amnesty schemes: Betraying the taxpayers

Tax amnesty schemes: Betraying the taxpayers

We are aghast that the government is contemplating yet another scheme to offer amnesty to tax evaders, rather than introducing 'asset seizure' legislature to confiscate untaxed assets, and make efforts to bring back looted money from abroad - parked in Sw
Published 04 Mar, 2011 12:00am
Murder of Shahbaz Bhatti

Murder of Shahbaz Bhatti

In a video recorded by a foreign news network some four months ago, Shahbaz Bhatti had predicted his death at the hands of extremists and that has happened. On Wednesday, he was murdered in the Capital's posh I-8 sector, where most of the retired and serv
Published 04 Mar, 2011 12:00am
Again a demand to rollback POL hike

Again a demand to rollback POL hike

The decision by the MQM, a coalition partner, to stage a walkout in both the National and Sindh Assemblies in protest against the just under 10 percent announced rise in the price of petroleum products and to give a three-day ultimatum to revert the price
Published 04 Mar, 2011 12:00am
Mismanagement at PIMS anguishing patients, attendants

Mismanagement at PIMS anguishing patients, attendants

Patients at Pakistan Institute of Medical Sciences (PIMS), one of the biggest hospitals of the country, have complained that doctors are not paying any attention to them because of mismanagement. During a survey, Business Recorder talked to many pa
Published 04 Mar, 2011 12:00am
Bhatti assassination: JIT arrests seven suspected persons

Bhatti assassination: JIT arrests seven suspected persons

Joint Investigation Team (JIT) has claimed to have chased the Mehran Car used in assassination of Slain Minority Affairs Minister Shahbaz Bhatti and have arrested seven persons involved in this incident, sources privy to investigation said here on Thursda
Published 04 Mar, 2011 12:00am
Court rejects Davis' immunity plea

Court rejects Davis' immunity plea

An additional district and sessions judge (AD&SJ) on Thursday rejected the application of US national Raymond Davis seeking diplomatic immunity from murder trial against him. The court held that the accused did not enjoy immunity as the required certifica
Published 04 Mar, 2011 12:00am
250 troops arrive from Ivory Coast

250 troops arrive from Ivory Coast

A batch of 250 Pakistan Army troops arrived here on Thursday as part of a relief-rotation plan to perform peace-keeping duties under the aegis of United Nations Mission in Ivory Coast. Brigadier Shafi Ghazi was present at the Allama Iqbal International Ai
Published 04 Mar, 2011 12:00am
Small farmers: 'PPCBL to launch three financing schemes soon'

Small farmers: 'PPCBL to launch three financing schemes soon'

Punjab Provincial Co-operative Bank (PPCBL) Ltd is going to introduce three new financing schemes for small farmers in the province in the near future, Secretary Co-operatives and Administrator PPCBL, Khalid Pervaiz told Business Recorder, here on
Published 04 Mar, 2011 12:00am
Iesco BoDs meeting held

Iesco BoDs meeting held

The newly re-constituted Board of Directors of the Islamabad Electric Supply Co (Iesco) held its first meeting here at Iesco Head Office on Thursday.
Published 04 Mar, 2011 12:00am
Hungu blast condemned

Hungu blast condemned

President Asif Ali Zardari on Thursday strongly condemned the bomb blast in Hungu that killed several people. The President expressed his condolences with the families of those who lost their lives in the dastardly terrorist act.
Published 04 Mar, 2011 12:00am
Four cops among 15 killed in Hangu blast

Four cops among 15 killed in Hangu blast

Fifteen persons, including four policemen killed and 32 other injured in a suicide explosion on Railway Road in Hangu, said hospital sources. According to District Co-ordination Officer (DCO), Omar Saddique said that the terrorists rammed an explosive lad
Published 04 Mar, 2011 12:00am
PIA brings back Pakistanis stranded in Libya

PIA brings back Pakistanis stranded in Libya

PIA has always played a pivotal role in relief efforts during difficult times faced by Pakistani nationals and this time too the National Flag Carrier provided facilitation and assistance in bringing back the stranded Pakistanis due to the unrest in Libya
Published 04 Mar, 2011 12:00am
DHA to start collecting 'Refurbishment Charges' from April

DHA to start collecting 'Refurbishment Charges' from April

The Defence Housing Authority would start collecting 'Refurbishment Charges' from its residents from next month. DHA Administrator Brigadier Aamer Raza Qureshi told a group of journalists here on Thursday that the collection of these charges was postponed
Published 04 Mar, 2011 12:00am
Five persons including activist of MQM-H killed

Five persons including activist of MQM-H killed

At least five persons including an activist of Mohajir Qaumi Movement (MQM-H) were killed in separate incidents at various parts of metropolis here on Thursday. According to police, an activist of MQM-H, who was Imtiaz alias Munna, 40 son of Altaf and a r
Published 04 Mar, 2011 12:00am
NPLs of agriculture sector surge by Rs two billion

NPLs of agriculture sector surge by Rs two billion

Non-Performing Loans (NPLs) of agricultural sector surged by Rs 2.1 billion to Rs 34 billion during the last calendar year because of floods across the country. The SBP revealed that NPLs under the head of agriculture financing surged by 6.56 percent to a
Published 04 Mar, 2011 12:00am
OGDCL blamed for not protecting gas pipeline

OGDCL blamed for not protecting gas pipeline

Uch Power Company has strongly protested to the Oil and Gas Development Company Limited (OGDCL) for not protecting the gas pipeline, saying that the company has expressly invoked all of its rights and remedies under the Gas Supply Agreement (GSA) and appl
Published 04 Mar, 2011 12:00am
Saudi development fund delegation arrives

Saudi development fund delegation arrives

The Saudi Development Fund delegation headed by Chief Engineer Abdullah Al-Shoaibi had reached Islamabad along with Engineer Yaser Al-Bakri and Engineer Muhammad Al-Masood to monitor and follow up the implementation of Neelum/Jehlum hydroelectric power pr
Published 04 Mar, 2011 12:00am
Rice exporters plan to import RBO plants from India

Rice exporters plan to import RBO plants from India

Pakistani rice exporters plan to import Rice Braun Oil (RBO) plants and machinery from India. In this regard, Rice Exporters Association of Pakistan (Reap) will send a delegation to India with the support of the government of Pakistan.
Published 04 Mar, 2011 12:00am
ICAP celebrates golden jubilee today

ICAP celebrates golden jubilee today

The Institute of Chartered Accountants of Pakistan (ICAP) is to celebrate its golden jubilee on Friday (today). ICAP came into being through enactment of the Chartered Accountants Ordinance, 1961 on July 1st 1961 to regulate the accountancy profession in
Published 04 Mar, 2011 12:00am
Nation united against terrorism: Prime Minister

Nation united against terrorism: Prime Minister

Prime Minister Yousuf Raza Gilani on Thursday said the whole nation is united and committed to fight against terrorism at all cost and would not allow the extremist tendencies to spoil the social fabric. The prime minister was talking to the Swiss economi
Published 04 Mar, 2011 12:00am
Prime Minister phones Nawaz

Prime Minister phones Nawaz

Prime Minister Syed Yousuf Raza Gilani said it is the need of the hour to abide by the constitution and rule of law to strengthen the state institutions. All the political parties including the main opposition party, he said, had rendered great sacrifices
Published 04 Mar, 2011 12:00am
Pfizer launches book titled: 'A world without smoking'

Pfizer launches book titled: 'A world without smoking'

An anti-smoking coffee-table book 'A World Without Smoking: One Picture Is Worth A Thousand Words,' by Marjorie Husain was launched at the Indus Valley Art Gallery on Thursday. The book is supported by Pfizer Pakistan - a leading multinational pharmaceuti
Published 04 Mar, 2011 12:00am
NHA's daily wagers, contract employees to be regularised

NHA's daily wagers, contract employees to be regularised

The government has decided to regularise all the daily wagers and contract employees of National Highway Authority (NHA), who have completed at least two years of contract service till January 2011. It was decided in a meeting of the sub-committee of the
Published 04 Mar, 2011 12:00am
Mian Iftikhar agrees to receive Hilal-e-Imtiaz

Mian Iftikhar agrees to receive Hilal-e-Imtiaz

Khyber Pakhtunkhwa Minister for Information, Mian Iftikhar Hussein on the request of the party leadership and its cabinet, reversed his decision of not taking the Hilal-e-Imtiaz awarded for his meritorious services in the war against terror. He said, afte
Published 04 Mar, 2011 12:00am
National Assembly PAC body rejects FWO's plea

National Assembly PAC body rejects FWO's plea

The sub-committee of National Assembly's Public Accounts Committee (PAC) rejected the plea taken by Frontier Works Organisation (FWO) directed that all the public sector entities must be audited under the rules of business of the government. Zahid Hamid c
Published 04 Mar, 2011 12:00am
Chief minister Sindh condoles Pir Qadir Jeelani's death

Chief minister Sindh condoles Pir Qadir Jeelani's death

Sindh Chief Minister, Syed Qaim Ali Shah has expressed deep sorrow and grief over the death of a former member of National Assembly, Pir Syed Abdul Qadir Jeelani. In a condolence message issued here on Wednesday, the Sindh CM said the vacuum created in th
Published 04 Mar, 2011 12:00am
Hamdard University convocation on March 5

Hamdard University convocation on March 5

Hamdard University's 15th Convocation will be held on Saturday (tomorrow) at 2 pm at the Main Campus of the University, Madinat al-Hikmah Karachi. The convocation will be presided over by the Chancellor of the University, Senator S. M. Zafar, while Govern
Published 04 Mar, 2011 12:00am
Sindh University faculties asked to improve efficiency

Sindh University faculties asked to improve efficiency

The Vice Chancellor, University of Sindh, Professor Dr Nazir A. Mughal has advised all faculty members to ensure their availability at their teaching institutes and departments and ensure that classes are held regularly. A high-level meeting, presided ove
Published 04 Mar, 2011 12:00am
Environmental challenges: various campaigns, action plans initiated

Environmental challenges: various campaigns, action plans initiated

The government has initiated different campaigns and plans of action against pollution and environmental degradation impacts, however private sector should also come forward and join hands with the public sector to meet the environmental challenges. This
Published 04 Mar, 2011 12:00am
NCCPL set to launch three leverage products

NCCPL set to launch three leverage products

The National Clearing Company of Pakistan Limited (NCCPL) has completed all arrangements to launch three leverage products at all the three stocks exchanges soon. These leverage products, include Margin Trading System (MTS), Margin Financing System (MFS)
Published 04 Mar, 2011 12:00am
KUTS demands withdrawal of Karachi University's decisions

KUTS demands withdrawal of Karachi University's decisions

President, Karachi University Teachers Association (KUTS), Professor Dr Abid Hasnain has said the decisions Karachi University's Administration has taken by syndicate should be taken back or considered as null and void because they are controversial and a
Published 04 Mar, 2011 12:00am
SBP allows NRSP Microfinance to start nation-wide operations

SBP allows NRSP Microfinance to start nation-wide operations

The State Bank of Pakistan (SBP) has allowed NRSP Microfinance bank to commence business as a nation-wide microfinance bank. Earlier, the SBP had issued a license to the bank. NRSP Microfinance bank has become the 6th microfinance bank to operate on natio
Published 04 Mar, 2011 12:00am
POL products' hike: MQM may not press government to rescind decision

POL products' hike: MQM may not press government to rescind decision

The government may heave a sigh of relief, as Muttahida Qaumi Movement (MQM) is not going to press the government to rescind the petroleum products prices within the given deadline of three-day, owing to the tragic assassination of federal minister for mi
Published 04 Mar, 2011 12:00am
Mosaic International Summit: Etihad Airways sponsors young leaders

Mosaic International Summit: Etihad Airways sponsors young leaders

Etihad Airways is once again sponsoring young leaders from all over the world to take part in the 2011 Mosaic International Summit in Qatar. The Summit will provide a selected group of young individuals with a unique opportunity to share knowledge and exp
Published 04 Mar, 2011 12:00am
Lack of funding: Qaumi Amn Lashkar Adezai may be dissolved

Lack of funding: Qaumi Amn Lashkar Adezai may be dissolved

Head of the Qaumi Amn Lashkar, Adezai has said the movement can be dissolved which was established to fight against militants if the provincial government fails to fulfil their demands within a week. Qaumi Amn Lashkar is a local peace movement for provisi
Published 04 Mar, 2011 12:00am
DCAP gives farewell reception to former foreign office spokesman

DCAP gives farewell reception to former foreign office spokesman

Diplomatic Correspondents Association of Pakistan (DCAP) hosted a reception to bid farewell to former Foreign Office Spokesman Abdul Basit and welcome his successor Ms Tehmina Janjua. Abdul Basit, who remained the Foreign Office spokesman for almost two y
Published 04 Mar, 2011 12:00am
World Bank to give Rs 270 million soft loan to PBT

World Bank to give Rs 270 million soft loan to PBT

Chairman Punjab Board of Technical Education (PBT) Dr Muhammad Shafique has said that World Bank will give a soft loan of Rs 270 million to the PBT for the computerisation of the data, for the development of question and data bank and for starting the ISO
Published 04 Mar, 2011 12:00am
'Research culture being promoted at Punjab University'

'Research culture being promoted at Punjab University'

Punjab University Vice Chancellor, Professor Dr Mujahid Kamran has stated that the present administration has been giving top preference to promote research culture at the varsity and the budget has been increased from rupees four million to Rs 70 million
Published 04 Mar, 2011 12:00am
Megatech kicks off

Megatech kicks off

The ninth edition of the international Machinery Exhibition of Garment & Textile Technology (MEGATECH) Pakistan, 2011 kicked-off at the Expo Centre Thursday. President Lahore Chamber of Commerce & Industry, Shahzad Ali Malik inaugurated the exhibition and
Published 04 Mar, 2011 12:00am
Aptma chief optimistic about uninterrupted gas supply to industry

Aptma chief optimistic about uninterrupted gas supply to industry

Chairman All Pakistan Textile Mills Association (Aptma) Gohar Ejaz has appreciated President Asif Ali Zardari for directing the Sui Northern Gas Pipelines Ltd (SNGPL) AND expressed the hope that gas supply to the textile industry would be ensured accordin
Published 04 Mar, 2011 12:00am
'81 members of PML-Q invited in today's meeting'

'81 members of PML-Q invited in today's meeting'

Parliamentary leader of PML-Q (Unification group), Dr Tahir Ali Javed has sent invitation letters through TCS to all the 81 members of PML-Q for participation in the parliamentary party meeting to be held on Friday (today) at 11:00am in Punjab Assembly.
Published 04 Mar, 2011 12:00am
The Weather

The Weather

The weather report on Thursday (March 03, 2011) and the forecast for Friday (March 04, 2011).

Published 04 Mar, 2011 12:00am
Textile workers, industrialists to stage long march on March 5

Textile workers, industrialists to stage long march on March 5

Industrialists, traders and textile workers continued protest on fifth consecutive day against five-day gas loadshedding in a week schedule issued by Sui Northern Gas Pipelines Limited (SNGPL), on here Thursday. They took out protest rallies from industri
Published 04 Mar, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (March 03, 2011).

Published 04 Mar, 2011 12:00am
LHC grants bail to four constables

LHC grants bail to four constables

The Lahore High Court (LHC) here on Thursday granted bail to four constables Yasin, Ashraf, Nazir and Bashir involved in lynching case of two brothers. The petitioner through their counsel argued that they had no role in the lynching of two brothers, as t
Published 04 Mar, 2011 12:00am
Shortfall of cotton arrival 9.12 percent: PCGA

Shortfall of cotton arrival 9.12 percent: PCGA

Chairman of Pakistan Cotton Ginners Association (PCGA), Masood A Majeed and Vice Chairman Shehzad Ali Khan have said that shortfall of cotton arrival was 9.12 percent. He said total 1,15,02,428 bales of cotton were received during this season. It was 11,5
Published 04 Mar, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 04 Mar, 2011 12:00am
MoU signed between Nust, Ogra

MoU signed between Nust, Ogra

A Memorandum of Understanding (MoU) was signed between National University of Sciences and Technology (Nust) and the Oil and Gas Regulatory Authority (Ogra) as part of its Corporate Industrial Linkages here on Thursday. Chairman Ogra Tauqir Sadiq along wi
Published 04 Mar, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 04 Mar, 2011 12:00am
AJ&K president for collective efforts to help orphans

AJ&K president for collective efforts to help orphans

President Azad Jammu and Kashmir, Raja Zulqarnain Haider on Thursday said that stakeholders should join hands to ensure a friendly environment for the orphan children as it is our mutual responsibility to take care of them. During a visit to Pakistan Bait
Published 04 Mar, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (March 03, 2011).

Published 04 Mar, 2011 12:00am
Catholic institutions remain closed in protest

Catholic institutions remain closed in protest

All catholic educational and other institutions remained closed on Thursday in protest against the assassination of Minorities Affairs Minister, Shahbaz Bhatti on the call of Bishop Andrew Francis, Chairman of National Commission for Inter Religious Dialo
Published 04 Mar, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (March 03, 2011) and for Friday (March 04, 2011).
Published 04 Mar, 2011 12:00am
FAP completes 20 years of service to farmers

FAP completes 20 years of service to farmers

Farmers Associates Pakistan (FAP), founded in 1991 by a group of progressive farmers has completed its 20 years working successfully to achieve its goals of serving the cause of farmers, their capacity building and upgrading the information pertaining to
Published 04 Mar, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (March 03, 2011).

Published 04 Mar, 2011 12:00am
Patients face hardships due to doctors' strike

Patients face hardships due to doctors' strike

Patients continued to suffer on Thursday, as the strike of doctors entered for the third consecutive day as a part of their protest to press the government to issue a notification about a special pay package for doctors. Despite claim of health department
Published 04 Mar, 2011 12:00am
Widespread rains, snowfall likely over hills

Widespread rains, snowfall likely over hills

The meteorological department has predicted widespread thunderstorm rains/snowfall over the hills with isolated heavy rainfall in Gilgit-Baltistan and Kashmir whereas scattered thunderstorm rain/snowfall is also expected in upper Balochistan, Khyber Pakht
Published 04 Mar, 2011 12:00am
Malik asks Tehrik-e-Taliabn Pakistan to lay down arms

Malik asks Tehrik-e-Taliabn Pakistan to lay down arms

Federal Minister for Interior Rehman Malik on Thursday asked the banned Tehrik-e-Taliabn Pakistan (TTP) to lay down arms and seek apology from the nation, saying that their days are numbered. The minister came up with the fresh warning following the tragi
Published 04 Mar, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 03, 2011).

Published 04 Mar, 2011 12:00am
Para-medical workers slam murder

Para-medical workers slam murder

More than 150 workers and paramedical staff on Thursday organised a protest rally to condemn the murder of Minorities Affairs Minister, Shahbaz Bhatti. The rally was led by Iqbal Ta'ir, Aslam Masih, Barkat Masih and Rana Aamer. The protestors burnt tyres,
Published 04 Mar, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 03, 2011).

Published 04 Mar, 2011 12:00am
Canada expresses grief

Canada expresses grief

The Canadian Minister of Foreign Affairs, Lawrence Cannon has expressed his condolences to the government and people of Pakistan following the assassination of Shahbaz Bhatti, Federal Minister for Minorities, on March 2, 2011.
Published 04 Mar, 2011 12:00am
Shahbaz condemns killing

Shahbaz condemns killing

Punjab Chief Minister, Muhammad Shahbaz Sharif as per DGPR news received here on Thursday said that terrorism is a collective problem and this can only be tackled with concerted efforts by the entire nation. He opined that the issue should not be given po
Published 04 Mar, 2011 12:00am
CIA involved in Bhatti's killing: JI chief

CIA involved in Bhatti's killing: JI chief

The Jamaat-e-Islami chief, Syed Munawar Hasan, has said that the courts decision in the Raymond Davis case would not be against the country's dignity and the aspirations of the people. He said, if the nation wanted to live honourably in the comity of nati
Published 04 Mar, 2011 12:00am
THE RUPEE: dollar slides

THE RUPEE: dollar slides

The rupee was higher against dollar, it, however, shed its value in relation euro on the currency market on Thursday, dealers said. The rupee maintained its upward trend against dollar gaining 10 paisa for buying and selling at 85.50 and 85.55, they said.
Published 04 Mar, 2011 12:00am
Catholic Association condemns murder

Catholic Association condemns murder

The Catholic Association has condemned the murder of Federal Minister for Minorities Affairs, Shahbaz Bhatti, who was shot dead in Islamabad on Wednesday. In a statement on Thursday, the President of the Catholic Association, Herbert Fernandes, also condo
Published 04 Mar, 2011 12:00am
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