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Print - 2011-03-05
Jordanians protest to demand 'regime reforms'

Jordanians protest to demand 'regime reforms'

Thousands of Jordanians demonstrated on Friday in Amman to demand "regime reforms," a day after Prime Minister Maaruf Bakhit rejected calls for a constitutional monarchy. "The people want regime reform. Reform is a popular demand. We want a new electoral
Published 05 Mar, 2011 12:00am
EU warns over detention of Turkish journalists

EU warns over detention of Turkish journalists

Journalists in Turkey marched in protest on Friday after police arrested 10 reporters and writers, detentions that prompted the European Commission to warn the EU candidate country's over its democratic credentials. Thursday's arrests were ordered as part
Published 05 Mar, 2011 12:00am
Ivory Coast pays government workers, stalemate continues

Ivory Coast pays government workers, stalemate continues

Ivory Coast's Laurent Gbagbo has paid over 60 percent of civil servant salaries, his government said on Friday, suggesting Western sanctions meant to starve him of funds and force him to leave have not had full effect. The north of the country, which most
Published 05 Mar, 2011 12:00am
Indian Prime Minister says accepts responsibility over graft ruling

Indian Prime Minister says accepts responsibility over graft ruling

Indian Prime Minister Manmohan Singh on Friday said he accepted responsibility after the Supreme Court struck down his choice of a tainted civil servant as the country's chief anti-graft official. Singh's statement to reporters was another huge personal s
Published 05 Mar, 2011 12:00am
New York cotton ends limit up at record

New York cotton ends limit up at record

US cotton futures finished up the 7-cent daily limit at an all-time high on Friday amid speculative buying, scarce supplies and signs that global economic growth is gathering steam in 2011, analysts said. The key May cotton contract on ICE Futures US fini
Published 05 Mar, 2011 12:00am
US copper soars

US copper soars

Copper ended up after hitting its highest level in two weeks on Thursday, supported by better-than-expected labour market data in the United States and a retreat in the price of oil. "There's some feeling that, with this talk about mediation potentially i
Published 05 Mar, 2011 12:00am
Shanghai copper up

Shanghai copper up

London copper was flat Friday, under pressure from firmer oil prices, but a weak dollar and optimism over impending US payrolls report kept losses in check. Shanghai's most active copper contract rose 0.8 percent to 74,720 yuan. On the week, LME copper ha
Published 05 Mar, 2011 12:00am
Copper declines

Copper declines

Copper fell on Friday as escalating violence in North Africa boosted oil prices, fuelled inflation worries and depressed risk appetite, but upbeat US jobs data lent some support. Three-month copper on the London Metal Exchange closed at $9,895 a tonne, fr
Published 05 Mar, 2011 12:00am
US crude jumps to highest since September 2008

US crude jumps to highest since September 2008

Brent oil prices pushed back above $116 a barrel and US oil hit its highest since September 2008 on Friday, as fighting in Libya intensified and threatened the country's oil sector. Investors feared extended supply disruptions as rebels fought Libyan secu
Published 05 Mar, 2011 12:00am
Tokyo rubber futures ease

Tokyo rubber futures ease

Key Tokyo rubber futures eased on Friday as sentiment remained bearish on worries that unrest in the Middle East could hurt the global economy, but losses were limited due to tight supply. The key Tokyo Commodity Exchange rubber contract for August delive
Published 05 Mar, 2011 12:00am
US soyabeans rise

US soyabeans rise

US soyabean futures closed higher on Thursday, bolstered by strong export demand, reports of rain slowing the Brazilian soyabean harvest and Argentine dock workers blocking two export terminals, traders said. Talk China may lower import tariffs also conti
Published 05 Mar, 2011 12:00am
Malaysian palm oil climbs

Malaysian palm oil climbs

Malaysian palm oil futures climbed to a one-week high on Friday, with sentiment driven by rising crude prices as the crisis in Libya and parts of the Middle East showed little sign of resolution. The benchmark May 2011 crude palm oil contract on Bursa Mal
Published 05 Mar, 2011 12:00am
Liffe sugar lower

Liffe sugar lower

Liffe May white sugar falls $21.80 to close at $735.70 a tonne on Friday. Supply concerns appeared to be easing with a strong Thai crush and the imminent start of cane harvesting in the centre-south of Brazil. Liffe May cocoa ends off 56 pounds at 2,340 p
Published 05 Mar, 2011 12:00am
New York cocoa at 32-year high

New York cocoa at 32-year high

US cocoa futures settled Thursday atop a 32-year peak as fighting spread in Ivory Coast, igniting fears supplies will come to a halt from the world's top producer of the chocolate ingredient. Coffee and sugar futures rose as well, propped up by such bulli
Published 05 Mar, 2011 12:00am
US gold lost 1.5 percent

US gold lost 1.5 percent

Gold fell 1.5 percent on Thursday, snapping a four-day rally to record highs, on news of a Venezuelan proposal to end turmoil in Libya and as the European Central Bank (ECB) warned it could soon raise interest rates. April gold futures settled down $21.3,
Published 05 Mar, 2011 12:00am
Gold steadies in Asia

Gold steadies in Asia

Spot gold held steady on Friday, consolidating after falling more than 1 percent in the previous session, as investors await a key US job market report to assess the health of the world's top economy. Spot gold was little changed at $1,416.30 an ounce by
Published 05 Mar, 2011 12:00am
Gold rises above $1,430 in London trade

Gold rises above $1,430 in London trade

Gold rose above $1,430 an ounce on Friday as fresh violence flared in Libya, and after US February payrolls data supported expectations the Federal Reserve will hold off tightening monetary policy. Gains in gold also lifted silver prices, which climbed to
Published 05 Mar, 2011 12:00am
Cocoa hits new 32-year top

Cocoa hits new 32-year top

Soft commodity futures careened lower Friday on combined profit-taking and investor liquidation, although cocoa surged early to a 32-year high due to the virtual civil war in top producer Ivory Coast. Sugar futures were hit hard and coffee was mixed, but
Published 05 Mar, 2011 12:00am
US MIDDAY: wheat and soya up

US MIDDAY: wheat and soya up

Chicago Board of Trade wheat and soyabean futures were higher on Friday, but corn faltered after the May contract failed to take out a previous contract high at $7.44-1/4, traders said. Wheat was underpinned by weather concerns in the US Plains, while sha
Published 05 Mar, 2011 12:00am
US MIDDAY: copper down

US MIDDAY: copper down

Copper backed away from a near three-week high to end down on Friday as rising oil prices and escalating violence in North Africa eclipsed initial euphoria from upbeat employment data in the United States. COMEX copper for May delivery shed 0.45 cent to s
Published 05 Mar, 2011 12:00am
US MIDDAY: gold and silver jump

US MIDDAY: gold and silver jump

Gold rose above $1,430 an ounce on Friday, while silver surged 3 percent to 31-year highs, as soaring oil prices fuelled by widening unrest in Libya prompted investors to pile into safe havens. Bullion hit a record high of $1,440.10 an ounce on Wednesday
Published 05 Mar, 2011 12:00am
Rape case quashed

Rape case quashed

The Lahore High Court here Friday ordered to quash a Hudood case registered against a 60-year-old man on rape charges. A Deputy Superintendent Police appeared before the court on Friday and stated that medical report of the complainant did not confirm com
Published 05 Mar, 2011 12:00am
Manzoor Qadir appointed DG SBCA: Durrani

Manzoor Qadir appointed DG SBCA: Durrani

Sindh Minister for Local Government, Aga Siraj Durrani has said that the government will take strict action against those involved in corruption in reconstruction of buildings demolished in Ashora incident. Talking to newsmen at Korangi Association of Tra
Published 05 Mar, 2011 12:00am
Standard Chartered profit after tax increases

Standard Chartered profit after tax increases

The profit after tax (un-consolidated) of Standard Chartered Bank (Pakistan) Limited has increased to Rs 3,605.615 million in the year ended December 31, 2010 as compared to Rs 745.560 million earned in the corresponding period in 2009. The bank's earning
Published 05 Mar, 2011 12:00am
Standard Chartered profit after tax increases

Standard Chartered profit after tax increases

The profit after tax (un-consolidated) of Standard Chartered Bank (Pakistan) Limited has increased to Rs 3,605.615 million in the year ended December 31, 2010 as compared to Rs 745.560 million earned in the corresponding period in 2009. The bank's earning
Published 05 Mar, 2011 12:00am
Bank Al Falah profit after tax increases

Bank Al Falah profit after tax increases

The profit after tax of Bank Al Falah Limited has increased to Rs 968.452 million in the year ended December 31, 2010 as compared to Rs 897.035 million earned in the corresponding period in 2009. The board of directors of the bank in its meeting held on T
Published 05 Mar, 2011 12:00am
Bank Al Falah profit after tax increases

Bank Al Falah profit after tax increases

The profit after tax of Bank Al Falah Limited has increased to Rs 968.452 million in the year ended December 31, 2010 as compared to Rs 897.035 million earned in the corresponding period in 2009. The board of directors of the bank in its meeting held on T
Published 05 Mar, 2011 12:00am
Shell profit after tax declines

Shell profit after tax declines

The profit after tax of Shell Pakistan Limited has declined to Rs 1.615 billion in the year ended December 31, 2010 as compared to Rs 2.562 billion earned in the corresponding period in 2009. The company's earning per share declined to Rs 23.59 in the per
Published 05 Mar, 2011 12:00am
Shell profit after tax declines

Shell profit after tax declines

The profit after tax of Shell Pakistan Limited has declined to Rs 1.615 billion in the year ended December 31, 2010 as compared to Rs 2.562 billion earned in the corresponding period in 2009. The company's earning per share declined to Rs 23.59 in the per
Published 05 Mar, 2011 12:00am
Stability rating to IGI-AIF assigned

Stability rating to IGI-AIF assigned

The Pakistan Credit Rating Agency (PACRA) has assigned a stability rating of 'BBB (f)' (Tripple B - fund rating) to IGI Aggressive Income Fund (IGI-AIF), an open-end aggressive income fund. The fund's rating denotes an adequate capacity to manage relative
Published 05 Mar, 2011 12:00am
Stability rating to IGI-AIF assigned

Stability rating to IGI-AIF assigned

The Pakistan Credit Rating Agency (PACRA) has assigned a stability rating of 'BBB (f)' (Tripple B - fund rating) to IGI Aggressive Income Fund (IGI-AIF), an open-end aggressive income fund. The fund's rating denotes an adequate capacity to manage relative
Published 05 Mar, 2011 12:00am
Pacra assigns stability rating to IGI-IIF

Pacra assigns stability rating to IGI-IIF

The Pakistan Credit Rating Agency (Pacra) has assigned a stability rating of 'A+ (f) (single A plus - fund rating) to IGI Islamic Fund (IGI-IIF), an open-end Shariah compliant income fund. The fund's rating denotes a strong capacity to manage relative sta
Published 05 Mar, 2011 12:00am
Pacra assigns stability rating to IGI-IIF

Pacra assigns stability rating to IGI-IIF

The Pakistan Credit Rating Agency (Pacra) has assigned a stability rating of 'A+ (f) (single A plus - fund rating) to IGI Islamic Fund (IGI-IIF), an open-end Shariah compliant income fund. The fund's rating denotes a strong capacity to manage relative sta
Published 05 Mar, 2011 12:00am
MCB Dynamic Cash Fund's rating maintained

MCB Dynamic Cash Fund's rating maintained

The Pakistan Credit Rating Agency (Pacra) has maintained the stability rating of MCB Dynamic Cash Fund (DCF) at 'A+(f)' (Single A Plus - Fund Rating), an open-end income fund. The fund's rating denotes a strong capacity to manage relative stability in ret
Published 05 Mar, 2011 12:00am
MCB Dynamic Cash Fund's rating maintained

MCB Dynamic Cash Fund's rating maintained

The Pakistan Credit Rating Agency (Pacra) has maintained the stability rating of MCB Dynamic Cash Fund (DCF) at 'A+(f)' (Single A Plus - Fund Rating), an open-end income fund. The fund's rating denotes a strong capacity to manage relative stability in ret
Published 05 Mar, 2011 12:00am
MCB Cash Management Optimizer Fund's rating upgraded

MCB Cash Management Optimizer Fund's rating upgraded

The Pakistan Credit Rating Agency (Pacra) has upgraded stability rating of MCB Cash Management Optimizer Fund (CMOP) to 'AA+(f)' (Double A Plus - fund rating [Previous rating "AA(f)" (Double A - fund rating)], an open-end money market fund. The fund's rat
Published 05 Mar, 2011 12:00am
MCB Cash Management Optimizer Fund's rating upgraded

MCB Cash Management Optimizer Fund's rating upgraded

The Pakistan Credit Rating Agency (Pacra) has upgraded stability rating of MCB Cash Management Optimizer Fund (CMOP) to 'AA+(f)' (Double A Plus - fund rating [Previous rating "AA(f)" (Double A - fund rating)], an open-end money market fund. The fund's rat
Published 05 Mar, 2011 12:00am
Pak Suzuki Motor net profit declines

Pak Suzuki Motor net profit declines

The net profit of Pak Suzuki Motor Company has declined to Rs 211.143 million in the year ended December 31, 2010, as compared to Rs 255.219 million earned in the corresponding period in 2009. The company's earning per share stood at Rs 2.57 in the period
Published 05 Mar, 2011 12:00am
Pak Suzuki Motor net profit declines

Pak Suzuki Motor net profit declines

The net profit of Pak Suzuki Motor Company has declined to Rs 211.143 million in the year ended December 31, 2010, as compared to Rs 255.219 million earned in the corresponding period in 2009. The company's earning per share stood at Rs 2.57 in the period
Published 05 Mar, 2011 12:00am
Pak-Tajikistan joint business forum on March 10

Pak-Tajikistan joint business forum on March 10

On the occasion of state visit of President Tajikistan, Emomall Rahmon to Pakistan from March 7 to 10, Trading Development Authority of Pakistan in co-ordination with FPCCI will organise a joint business forum here on March 10.
Published 05 Mar, 2011 12:00am
Plan chalked out to mark international women's day

Plan chalked out to mark international women's day

First Women Bank Ltd has chalked out programmes to mark the international women's day throughout the country. The celebration will be held at the Business Development and Training Centres and Area offices of the bank. An exhibition is being held in Area o
Published 05 Mar, 2011 12:00am
Alleged kidnapper held, two youths recovered

Alleged kidnapper held, two youths recovered

Sindh police on Friday claimed to have killed an alleged kidnapper and two other arrested in a raid and recovered two pawns from Northern Bypass here on Friday. According to police, the Anti Violent Crime Cell (AVCC) and Citizen Police Laision Committee (
Published 05 Mar, 2011 12:00am
Wheat and rice: 'Pakistan can easily meet the needs of Venezuela'

Wheat and rice: 'Pakistan can easily meet the needs of Venezuela'

Pakistan and Venezuela are likely to sign a treaty for avoidance of double taxation applicable to trade, commerce and services. Teheran-based David Valesquez Caraballo, ambassador of Bolivarian Republic of Venezuela who is also accredited to Pakistan duri
Published 05 Mar, 2011 12:00am
PIA to bring back around 3,000 Pakistanis

PIA to bring back around 3,000 Pakistanis

The National Flag Carrier will bring back around 3,000 more Pakistanis stranded in Libya and nearby locations through 07 relief flights. PIA spokesman said here on Friday. On the instructions of Managing Director PIA, Nadeem Khan Yousufzai, PIA will opera
Published 05 Mar, 2011 12:00am
Much ado about nothing

Much ado about nothing

A lot many things can be done with maximum ease, provided the doer has the will but I think the situation is the other way round. Despite all resources and all the abilities, the government has yet not come up with a viable solution to the economic challe
Published 05 Mar, 2011 12:00am
Ivory Coast creeps closer to civil war

Ivory Coast creeps closer to civil war

When security forces in Ivory Coast opened fire on unarmed female protesters Thursday in the economic capital, Abidjan, killing at least six, it highlighted just how close the West African nation is to renewed civil war. An estimated 365 people have died
Published 05 Mar, 2011 12:00am
China's deepening Arab ties

China's deepening Arab ties

A behemoth dragon-shaped shopping mall in the desert near Dubai has become a symbol of the deepening links between East Asia and the Middle East. Dragon Mart - 3,950 wholesale and retail shops, stretching 1.2 km, or about three-quarters of a mile, in a si
Published 05 Mar, 2011 12:00am
The intellectual journey that one tried

The intellectual journey that one tried

'My aim in life' as Descartes put it 'is not to teach the method that everyone ought to follow in order to conduct his reason well, but solely to reveal how I have tried to conduct my own.' As I came so I left but having tried and failed to change the cul
Published 05 Mar, 2011 12:00am
Public land sales

Public land sales

Senate Select Committee on Less Developed Areas took up on Wednesday an alleged land scam. The case involves sale by the Punjab government of public lands worth 40 billion for mere 851 million. Two committee members, PML (Q)'s Senator Mohammad Ali Durrani
Published 05 Mar, 2011 12:00am
Tax amnesty yes, but not for the principal amount

Tax amnesty yes, but not for the principal amount

A senior Federal Board of Revenue (FBR) official revealed to Business Recorder that the idea of granting tax amnesty was discussed at various fora but was rejected. The ostensible reason: amnesty schemes reflect a failure on the part of the FBR to
Published 05 Mar, 2011 12:00am
Nasheman College for special children arranges Walk

Nasheman College for special children arranges Walk

Nasheman College for special children arranged a Walk of special children, which commenced from Yadgar Shuhada Chowk and ended at Ordnance Club, says a press release received here on Friday. Chairman POF Board Lieutenant General Shujaat Zamir Dar also par
Published 05 Mar, 2011 12:00am
Fehmida for parliamentary diplomacy to cement ties with Tajikistan

Fehmida for parliamentary diplomacy to cement ties with Tajikistan

Speaker National Assembly Dr Fehmida Mirza on Friday said that the forthcoming visit of President of Tajikistan to Pakistan will be an important milestone in cementing ties with brotherly country. She said that both the nations were intertwined in bonds o
Published 05 Mar, 2011 12:00am
Emergency Police cell established at Federation House

Emergency Police cell established at Federation House

The Capital City Police Karachi has established an Emergency Police Cell at Federation House here and posted a Police Officer of DSP rank as liaison officer for Business Community. This was informed to Sindh Home Minister, Dr Zulfiqar Ali Mirza, in a repo
Published 05 Mar, 2011 12:00am
UK NGO donates 30 ambulances to Al-Khidmat

UK NGO donates 30 ambulances to Al-Khidmat

In a greater development to facilitate the people of the country in the far-flung areas, UK Islamic mission has donated about 30 ambulances to Al-Khidmat Foundation (AKF) Pakistan, here on Friday. A big ceremony in this connection was arranged by the AKF
Published 05 Mar, 2011 12:00am
Iesco power suspension notice

Iesco power suspension notice

According to Iesco spokesman, due to electricity maintenance/development work the power supply of the areas fall under the following feeders would remain suspended as under: On Saturday (March 5), morning 9am to 1pm, Dargah feeder, E-11/1,2, Golra City, a
Published 05 Mar, 2011 12:00am
Political forces urged to steer country out of turmoil

Political forces urged to steer country out of turmoil

Governor Sindh, Dr Ishrat-ul-Ebad Khan has emphasised the need that all political parties should sit together and devise a strategy to bring the country out of the economic crises. Speaking at the annual dinner of Korangi Association of Trade and Industry
Published 05 Mar, 2011 12:00am
SCB appoints Imran Sarwar as head of OCC

SCB appoints Imran Sarwar as head of OCC

Standard Chartered Bank (Pakistan) Limited announced the appointment of Imran Sarwar as the Head of Origination and Client Coverage (OCC) for Pakistan. Mohsin A. Nathani, Chief Executive of Standard Chartered Pakistan (SCB) said, "Imran Sarwar's appointme
Published 05 Mar, 2011 12:00am
NCEL becomes Pakistan Mercantile Exchange

NCEL becomes Pakistan Mercantile Exchange

The National Commodity Exchange Limited (NCEL) has changed its name and henceforth will be called the Pakistan Mercantile Exchange Limited. The announcement was made on Friday by Samir Ahmed, Managing Director after its approval by the Securities Exchange
Published 05 Mar, 2011 12:00am
'Thar coal field excavation work to begin in 2012'

'Thar coal field excavation work to begin in 2012'

Chief Minister Sindh, Syed Qaim Ali on Friday said work on coal excavation in Thar field would begin next year at the cost of 450 billion dollars. There is no decision to reduce the provincial government's cabinet at present, he said at a press conference
Published 05 Mar, 2011 12:00am
ECO secretary general meets foreign secretary

ECO secretary general meets foreign secretary

Secretary General ECO, Muhammad Yahya Maroofi on Friday met Foreign Secretary Salman Bashir at the Foreign Office and informed him about status of ECO initiatives in multiple domains. The ECO Secretary General mentioned the initiatives about transport, fi
Published 05 Mar, 2011 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The killing of federal minister for minorities Shabaz Bhatti prompted some lawmakers of the ruling Pakistan People's Party (PPP) and opposition alike on Friday to openly demand resignation of the Interior Minister Rehman Malik putting the responsibility o
Published 05 Mar, 2011 12:00am
Malik offers to resign if judicial commission proves security lapse

Malik offers to resign if judicial commission proves security lapse

Minister for Interior, Rehman Malik has offered to resign if a judicial commission or parliamentary committee established security lapse after a detailed probe in the killing of Shahbaz Bhatti, Minister for Minority Affair. Winding-up the debate in the Na
Published 05 Mar, 2011 12:00am
Indian dams on Pakistani rivers: JI submits adjournment motion in Senate

Indian dams on Pakistani rivers: JI submits adjournment motion in Senate

Jamaat-e-Islami (JI) on Friday submitted adjournment motion to the senate's secretariat against the reported construction of 190 dams by India on Pakistani rivers in the next six years in violation of Indus Water Treaty. The motion was submitted by three
Published 05 Mar, 2011 12:00am
Autopsy reveals Bhatti received 30 bullets

Autopsy reveals Bhatti received 30 bullets

The final post-mortem report of slain Minister for Minorities Affairs, Shahbaz Bhatti revealed that Bhatti received 30 bullets on his body, which struck at his brain, heart, lungs and liver. Doctors' team completed the postmortem of the slain Minister at
Published 05 Mar, 2011 12:00am
Thousands attend burial of Bhatti

Thousands attend burial of Bhatti

The minister for minorities was laid to rest Friday as thousands of mourners thronged his dusty ancestral town here. Shahbaz Bhatti, only Christian cabinet minister, was gunned down Wednesday near his family's house in Islamabad as he was leaving to atten
Published 05 Mar, 2011 12:00am
PBC warns of protest against judges', lawyers' abduction in B'stan

PBC warns of protest against judges', lawyers' abduction in B'stan

Pakistan Bar Council (PBC) on Friday warned the government that legal fraternity would take to the streets throughout the country if it failed to recover kidnapped judges and lawyers in Balochistan. Abdul Lateef Afridi, vice chairman PBC, strongly condemn
Published 05 Mar, 2011 12:00am
Afghan refugees: French envoy appreciates Pakistan's efforts

Afghan refugees: French envoy appreciates Pakistan's efforts

The newly appointed French Ambassador to Pakistan Daniel Jouanneau appreciated efforts and hospitality of Pakistan for accommodating Afghan Refugees. The French envoy on Friday called on Minister for State and Frontier Region (SAFRON) Shaukat Ullah and di
Published 05 Mar, 2011 12:00am
Prime Minister, diplomats attend funeral service of Bhatti

Prime Minister, diplomats attend funeral service of Bhatti

Funeral service of assassinated 42-year old Minorities Affairs Minister Shahbaz Bhatti was held at Khatoon e Fatima (Lady Fatima) Church in sector F-8, Islamabad in which Prime Minister Yousuf Raza Gilani, Canadian Immigration Minister Jason Kenney, minis
Published 05 Mar, 2011 12:00am
ECP acquiring electoral system IT

ECP acquiring electoral system IT

The Election Commission of Pakistan (ECP) is acquiring sophisticated information technology to revolutionise the country's electoral management system with Pakistan's first error-free computerised electoral rolls-2011. In this regard, a 3rd high-level mee
Published 05 Mar, 2011 12:00am
Property tax: CDA to initiate drive for recovery of dues

Property tax: CDA to initiate drive for recovery of dues

The Capital Development Authority (CDA) has decided to kick off a comprehensive campaign for the recovery of rupees 63.2 million from the defaulters of property tax, water and allied charges. The CDA has warned the defaulters through public notices for im
Published 05 Mar, 2011 12:00am
First-ever gene analysis laboratory at Punjab University inaugurated

First-ever gene analysis laboratory at Punjab University inaugurated

Punjab University Vice-Chancellor, Professor Dr Mujahid Kamran inaugurated the first ever 'Pre Fabricated Gene Analysis Laboratory' of its kind in Pakistani varsities at the Department of Microbiology & Molecular Genetics, here on Friday. Buffer area-I, I
Published 05 Mar, 2011 12:00am
Promotion case: LHC seeks reply from IGP Punjab till March 14

Promotion case: LHC seeks reply from IGP Punjab till March 14

The Lahore High Court (LHC) here on Friday sought reply from Inspector General of Police Punjab till March 14 in a petition of ten DSPs questioning unnecessary delay in their due promotion. Arif Rasheed and others submitted that their promotion to the ran
Published 05 Mar, 2011 12:00am
The Weather

The Weather

The weather report on Friday (March 04, 2011) and the forecast for Saturday (March 05, 2011).

Published 05 Mar, 2011 12:00am
SECP fines six defaulting companies

SECP fines six defaulting companies

As part of its enforcement and regulatory function, the Securities and Exchange Commission of Pakistan (SECP) passed six orders, fining defaulting listed and unlisted companies, a press release issued on Friday said. Forty-two investors' complaints were a
Published 05 Mar, 2011 12:00am
Faiz Ahmed Faiz conference to be held in May

Faiz Ahmed Faiz conference to be held in May

Faiz Ahmed Faiz international conference will be held in 3rd week of May, 2011. Pakistan Academy of Letters (PAL) also plans to set up a special award "Faiz Ahmed Faiz Award" on any one book of poetry in all Pakistani languages including English. The amou
Published 05 Mar, 2011 12:00am
Asthma patients can lead unrestricted life: expert

Asthma patients can lead unrestricted life: expert

Leading asthma expert, researcher and author of specialist studies from the University of Edinburgh, Dr Andrew Greening held an informative and interactive session for general practitioners as well as specialists. The crux of Professor Greening's talk to
Published 05 Mar, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 05 Mar, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 05 Mar, 2011 12:00am
PFMA waives fee on authority letter

PFMA waives fee on authority letter

Pakistan Flour Mills Association (PFMA), Khyber Pakhtunkhwa has waived off fee on the issuance of authority letter for the export of wheat products to Afghanistan. The decision taken in the executive body meeting of the association aimed the promotion of
Published 05 Mar, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on March 01, 2011.

Published 05 Mar, 2011 12:00am
Chief minister Punjab lays foundation stone of flyover project

Chief minister Punjab lays foundation stone of flyover project

Punjab Chief Minister Shahbaz Sharif on Friday laid the foundation stone of a flyover project at Kalma Chowk, costing over two billion rupees. The flyover, which will be the best of the country will be completed by August 14. The flyover with three lanes
Published 05 Mar, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on March 01, 2011.

Published 05 Mar, 2011 12:00am
Backlog of pending cases: FBR to request CJs to set up special benches

Backlog of pending cases: FBR to request CJs to set up special benches

The Federal Board of Revenue (FBR) will request the Chief Justices of all High Courts to set up special benches to clear the backlog of pending cases relating to customs, sales tax, income tax and central excise. Sources told Business Recorder here
Published 05 Mar, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on March 01, 2011.

Published 05 Mar, 2011 12:00am
97,000 people in Pakistan infected with HIV

97,000 people in Pakistan infected with HIV

Despite the great progress in medical science, there is no cure for HIV so far and Pakistan has an estimated 97,000 HIV infected people which were around 74,000 in 2001. Situation is becoming alarming in Pakistan and at present biggest problem is HBV and
Published 05 Mar, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (March 04, 2011).

Published 05 Mar, 2011 12:00am
Government to raise salaries of doctors

Government to raise salaries of doctors

Secretary Health Punjab, Fawad Hassan Fawad has said that government is fully aware of the problems of doctors' community and the promise of raising their salaries will be honoured as soon as the economic situation improves. He said this while talking to
Published 05 Mar, 2011 12:00am
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