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Print - 2011-03-29
Thai firm offers low bid in Bangladesh rice tender

Thai firm offers low bid in Bangladesh rice tender

Chaiyaporn Rice and Food Products Company Ltd, one of Thailand's major rice exporters, made the lowest offer at $508.40 a tonne, including cost, insurance and freight, in a Bangladesh tender to import 50,000 tonnes of parboiled rice, a food official said
Published 29 Mar, 2011 12:00am
Tokyo Gas diverts LNG to quake-hit TEPCO

Tokyo Gas diverts LNG to quake-hit TEPCO

Tokyo Gas Co , Japan's biggest city gas supplier, said on Monday it has diverted an unspecified volume of liquefied natural gas (LNG) to Tokyo Electric Power Co to make up for the lost output from two nuclear plants after a massive quake on March 11. A To
Published 29 Mar, 2011 12:00am
Philippines says more difficult to meet 2011 growth garget

Philippines says more difficult to meet 2011 growth garget

The Philippine government's growth target this year of 7 to 8 percent may be more difficult to achieve after the disaster in Japan and with the turmoil in the Middle East, a presidential spokesperson said. "When we came up with the 7 to 8 percent economic
Published 29 Mar, 2011 12:00am
Inflation risk up; rates: to rise: Thai central bank chief

Inflation risk up; rates: to rise: Thai central bank chief

The Bank of Thailand said on Monday inflation risk was rising fast and interest rates would continue to be normalised gradually, supporting market expectations that rates would rise again next month. Governor Prasarn Trairatvorakul told reporters the cent
Published 29 Mar, 2011 12:00am
Brazil defends economic policy; IMF stresses basics

Brazil defends economic policy; IMF stresses basics

Brazil on Sunday defended its unorthodox strategies to cool its economy as the International Monetary Fund cautioned Latin America not to forget its basic tool for fighting inflation: the cost of money. Central bankers mainly use interest rates to guide a
Published 29 Mar, 2011 12:00am
Bangladesh tenders to buy sugar

Bangladesh tenders to buy sugar

A state buyer in Bangladesh has issued an international tender to purchase and import 25,000 tonnes of sugar, European traders said on Monday. The bidding deadline in the tender from the Bangladesh Sugar and Food Industries Corporation is Apr. 23.
Published 29 Mar, 2011 12:00am
BoE's Posen says inflation to drop in 2012

BoE's Posen says inflation to drop in 2012

Bank of England policymaker Adam Posen was quoted as saying on Monday that inflation would drop to 1.5 percent by mid-2012 as the government's austerity drive and a weak economy would lead to a decline in consumer spending.
Published 29 Mar, 2011 12:00am
South Korea second quarter exports seen weighed down by uncertainty

South Korea second quarter exports seen weighed down by uncertainty

As uncertainties driven by high oil prices and Japan's devastating earthquake raise anxiety, South Korean exporters see their businesses turn bearish in the second quarter, private sector data showed on Sunday. The findings by the country's top associatio
Published 29 Mar, 2011 12:00am
Japan corporate funding demand soars after disaster-Nikkei

Japan corporate funding demand soars after disaster-Nikkei

Japanese companies' demand for funding has soared since the March 11 earthquake and tsunami, both in terms of new loan requests from the country's top three banks and commercial paper issues, Nikkei newspaper reported on Sunday.
Published 29 Mar, 2011 12:00am
Nikkei average slips

Nikkei average slips

The Nikkei average nudged lower on Monday after reports of soaring radiation levels at a damaged nuclear plant, with the benchmark tethered in a narrow range for over a week, supported by ex-dividend date buying and bargain-hunting by foreigners and short
Published 29 Mar, 2011 12:00am
Bangladesh recall Mortaza after World Cup flop

Bangladesh recall Mortaza after World Cup flop

Bangladesh selectors on Monday recalled fast bowler Mashrafe Mortaza for next month's one-day series against Australia after he missed the World Cup with a knee injury. Mortaza, 27, who has 145 wickets in 116 one-day internationals, watched from the sidel
Published 29 Mar, 2011 12:00am
Shaun Tait retires from ODIs

Shaun Tait retires from ODIs

Australia fast bowler Shaun Tait on Monday announced his retirement from One-day cricket to concentrate on the Twenty20 form of the game. Tait, 28, who has just returned from the World Cup on the subcontinent, said he will step down from the national and
Published 29 Mar, 2011 12:00am
Vettori eyes bigger things after semi-final

Vettori eyes bigger things after semi-final

Skipper Daniel Vettori said New Zealand must make their semi-final against Sri Lanka on Tuesday a starting point for bigger achievements in international cricket. The Black Caps have never progressed beyond the World Cup semi-finals in five previous attem
Published 29 Mar, 2011 12:00am
Sri Lanka meet New Zealand in semis today

Sri Lanka meet New Zealand in semis today

Sri Lanka skipper Kumar Sangakkara has admitted that even a half-fit Muttiah Muralitharan could be risked in Tuesday's World Cup semi-final against New Zealand. While his counterpart Daniel Vettori said New Zealand must make their semi-final against Sri L
Published 29 Mar, 2011 12:00am
Sri Lanka meet New Zealand in semis today

Sri Lanka meet New Zealand in semis today

Sri Lanka skipper Kumar Sangakkara has admitted that even a half-fit Muttiah Muralitharan could be risked in Tuesday's World Cup semi-final against New Zealand. While his counterpart Daniel Vettori said New Zealand must make their semi-final against Sri L
Published 29 Mar, 2011 12:00am
Pakistan to appear in Turkey's Youth WC Qualifier

Pakistan to appear in Turkey's Youth WC Qualifier

Pakistan is going to make attempt to earn slot in Turkey's 19th World U-20 Cup 2013 when they will face Asian teams in 37th AFC U-19 Championship. The players born on or after 1 January 1993 will be eligible to play in the event, slated to run from 1-12 N
Published 29 Mar, 2011 12:00am
Afridi accuses Indian media of negative campaign

Afridi accuses Indian media of negative campaign

Pakistan captain Shahid Afridi accused the Indian media on Monday of conducting a negative campaign against his team before Wednesday's eagerly anticipated World Cup semi-final in Mohali. "There is so much negativity in the Indian media. There is nothing
Published 29 Mar, 2011 12:00am
Partners Bopanna, Aisam divided by Indo-Pak clash

Partners Bopanna, Aisam divided by Indo-Pak clash

India's Rohan Bopanna and his Pakistani tennis doubles partner Aisam-Ul-Haq Qureshi insisted on Monday that the World Cup semi-final between their two nations will not shatter their friendship. Bopanna and Qureshi, who have used their on-court careers to
Published 29 Mar, 2011 12:00am
Pakistan Squash Circuit-I tournament begins

Pakistan Squash Circuit-I tournament begins

Pakistan International Squash Circuit-I tournament, under the aegis of Pakistan Squash Federation (PSF), and in collaboration with Capital Development Authority (CDA), commenced here at Mushaf Squash Complex. The tournament has a prize purse of US $10,000
Published 29 Mar, 2011 12:00am
Gul says scandal has made team stronger

Gul says scandal has made team stronger

Team unity has helped Pakistan recover from last year's spot-fixing scandal and qualify for the World Cup semi-finals, Pakistan pace bowler Umar Gul said on Monday. Three Pakistan players have been banned for a minimum of five years each after manipulatin
Published 29 Mar, 2011 12:00am
EFU General win IAP Cricket Cup

EFU General win IAP Cricket Cup

An inter-companies cricket tournament was organised by the Insurance Association of Pakistan (IAP) at DHA Sports Club (Moin Khan Academy) DHA phase VIII, Karachi. The tournament commenced on 5th March and 16 insurance companies participated in the event.
Published 29 Mar, 2011 12:00am
Shoaib Akhtar wants Pakistan to beat India

Shoaib Akhtar wants Pakistan to beat India

Pakistan's menacing fast bowler, Rawalpindi Express, Shoaib Akhtar says he "wants his team to win" cricket World Cup's semi-final match against arch rivals India. "Never mind if I play or not, what matters is victory. We have great chances to win," Akhtar
Published 29 Mar, 2011 12:00am
Tight-squeeze Mohali to throw open doors for fans

Tight-squeeze Mohali to throw open doors for fans

Residents of Mohali, the venue for the World Cup semi-final between India and Pakistan, were Monday urged to throw open their homes to fans from both sides of the border. The sleepy northern town, located on the outskirts of Chandigarh, the capital of the
Published 29 Mar, 2011 12:00am
Angry protestors clash with police in Mohali

Angry protestors clash with police in Mohali

Angry protestors hurled stones and clashed with police outside the Punjab Cricket Association Stadium on Monday in the runup to Wednesday's India-Pakistan Cricket World Cup semi-final. Baton-wielding police and security forces on horseback tried to push b
Published 29 Mar, 2011 12:00am
Iraq violence kills 13

Iraq violence kills 13

A spate of unrelated attacks around Iraq killed 13 people, including seven in the northern city of Mosul and four during a jewellery heist in Baghdad, police and other sources said on Monday. Overnight, gunmen stormed into a notorious and poor district of
Published 29 Mar, 2011 12:00am
Suicide bombers kill 24 in Afghanistan

Suicide bombers kill 24 in Afghanistan

Three suicide bombers killed 24 people and wounded dozens more in an attack on a construction firm in Afghanistan's restive south-east, government officials said on Monday, with the Taliban claiming responsibility for the assault. The attackers forced the
Published 29 Mar, 2011 12:00am
More countries now executing convicts: Amnesty

More countries now executing convicts: Amnesty

Amnesty International says the number of countries executing convicts rose to 23 in 2010. That's four more countries than in 2009, which saw the lowest number of countries impose the death penalty since the 50-year-old organisation began keeping statistic
Published 29 Mar, 2011 12:00am
Election of Kosovo president illegal

Election of Kosovo president illegal

The election of Kosovo's president last month was unconstitutional, Kosovo's highest court ruled on Monday after an opposition party filed a complaint citing irregularities during the vote. Opposition parliamentarians said irregularities marred the voting
Published 29 Mar, 2011 12:00am
Rebels push west before Libya crisis talks

Rebels push west before Libya crisis talks

Rebels advanced west towards the birthplace of Libyan leader Muammar Gaddafi on Monday, firing mortars and heavy machineguns in sporadic clashes with loyalist forces. Emboldened by Western-led air strikes against Gaddafi's troops, the rebels took the town
Published 29 Mar, 2011 12:00am
Pirates hijack oil tanker off East Africa

Pirates hijack oil tanker off East Africa

Pirates in two skiffs fired rocket-propelled grenades and guns at an oil tanker off East Africa before boarding the vessel and hijacking it, naval officials said Monday. The United Arab Emirates-flagged Zirku was travelling from Sudan to Singapore when it
Published 29 Mar, 2011 12:00am
Afghan former minister arrested over graft case

Afghan former minister arrested over graft case

Afghanistan's former transport minister was arrested on Monday on charges of misusing public funds in a corruption case that cost the government more than $9 million, an official said. Inayatullah Qasimi, who was appointed minister in 2004 and served for
Published 29 Mar, 2011 12:00am
India behind bomb attacks: Nepal

India behind bomb attacks: Nepal

Nepalese security officials accused India of being behind a series of bomb blasts across Nepal's Tarai belt, saying the attacks were a bid to undermine the current communist-led government, it was reported Monday in Kathmandu. "These incidents may have be
Published 29 Mar, 2011 12:00am
Egyptian parliamentary polls set for September: army

Egyptian parliamentary polls set for September: army

Egypt will hold its first parliamentary election since the fall of president Hosni Mubarak in September and the decades-long state of emergency will be lifted for the polls, the country's military rulers said on Monday. But no date has yet been decided fo
Published 29 Mar, 2011 12:00am
Russia says willing to open dialogue with Taliban

Russia says willing to open dialogue with Taliban

Russia said on Monday it was open to dialogue with the Taliban in Afghanistan, Interfax reported, echoing the US position aimed at ensuring regional stability as Washington prepares to pull out its troops. Russia fears the withdrawal of 100,000 US troops,
Published 29 Mar, 2011 12:00am
Blasts at Yemen bullet factory kill at least 110

Blasts at Yemen bullet factory kill at least 110

A series of blasts at a bullet factory in south Yemen killed at least 110 people on Monday when residents broke in to steal ammunition a day after clashes between militants and the army in the town, doctors said. Witnesses said the blasts, possibly trigge
Published 29 Mar, 2011 12:00am
Top Bangladesh politician arrested over war crimes

Top Bangladesh politician arrested over war crimes

Bangladesh has arrested a leading opposition politician after he was named a suspect in a war crimes investigation into the country's 1971 struggle, police said Monday. Abdul Alim was detained in north-western Joypurhat district late Sunday on the orders
Published 29 Mar, 2011 12:00am
IAEA calls nuclear safety summit

IAEA calls nuclear safety summit

The UN atomic energy chief called a Vienna summit to tackle mounting concerns about nuclear safety, saying on Monday the international community needed a co-ordinated response in the wake of Japan's crisis. Japan is struggling to avert a severe meltdown a
Published 29 Mar, 2011 12:00am
Japan finds plutonium at stricken nuclear plant

Japan finds plutonium at stricken nuclear plant

Plutonium found in soil at the crippled Fukushima nuclear complex heightened alarm on Tuesday over Japan's lengthy battle to contain the world's worst atomic crisis in 25 years. Plant operator Tokyo Electric Power Co (TEPCO) said the radioactive material,
Published 29 Mar, 2011 12:00am
New York cotton settles limit down

New York cotton settles limit down

US cotton futures closed the daily limit down on Monday due to light investor sales as players began positioning themselves before release of a key government plantings report this week, analysts said. The key May cotton contract on ICE Futures US dropped
Published 29 Mar, 2011 12:00am
Shanghai copper falls

Shanghai copper falls

Copper prices fell in London on Monday, paring last week's 1.8 percent rise and Shanghai also dipped, tracking losses in equity markets and pressured by fresh worries about near-term Chinese demand for industrial raw materials. Shanghai's most-active copp
Published 29 Mar, 2011 12:00am
Copper prices stumble

Copper prices stumble

Copper prices stumbled on Monday as renewed worries about Japan's crisis, weak demand from top consumer China and rising stocks persuaded investors to retreat from assets perceived to be risky. The benchmark copper contract on the London Metal Exchange cl
Published 29 Mar, 2011 12:00am
Crude falls in lowest volume of the year

Crude falls in lowest volume of the year

US crude fell on Monday for a third day in the lowest trading volume of the year, as Libyan rebels regained key territory and redoubled efforts to resume oil exports from the Opec country. Oil seesawed during the day on a weakening US dollar, upbeat US pe
Published 29 Mar, 2011 12:00am
Tokyo rubber futures hit 1-week low

Tokyo rubber futures hit 1-week low

Tokyo rubber futures dropped to their lowest in more than a week on Monday as worries about falling demand spurred selling, but erratic weather in Southeast Asia could offer support in coming days. The new benchmark rubber contract on Tokyo Commodity Exch
Published 29 Mar, 2011 12:00am
Malaysian palm oil rises

Malaysian palm oil rises

Malaysian palm oil futures rose more than 1 percent before partly reversing gains on Monday, with sentiment driven by comparative vegetable oils, although many investors expected downward price pressure in the coming months. "The market is holding firm on
Published 29 Mar, 2011 12:00am
Liffe cocoa up on Ivory Coast conflict

Liffe cocoa up on Ivory Coast conflict

Liffe July cocoa ends 8 pounds higher at 2,113 pounds a tonne on Monday. Market supported by heavy fighting in a cocoa-producing area of western Ivory Coast. Liffe May white sugar falls $10.20 to close at $701.60 a tonne. An improving outlook for the harv
Published 29 Mar, 2011 12:00am
Gold inches lower in Asia

Gold inches lower in Asia

Gold prices inched lower on Monday, weighed down by a firmer dollar, but violent unrest in the Middle East as well as an unfolding nuclear crisis in Japan lent support. The dollar index firmed slightly, aided by hawkish comments from some US Federal Reser
Published 29 Mar, 2011 12:00am
Gold pares losses in European trade

Gold pares losses in European trade

Gold pared losses on Monday as the dollar ceded ground to the euro, after the precious metal earlier fell more than 1 percent, but it remained under pressure as impetus from unrest in the Middle East petered out. Spot gold was bid at $1,417.00 at 1404 GMT
Published 29 Mar, 2011 12:00am
US MIDDAY: sugar slips

US MIDDAY: sugar slips

Sugar futures closed lower on Monday, as top producer Brazil began its harvest, while cocoa finished firm as violent conflict mounted in Ivory Coast. Coffee prices were lower, with selling largely driven by bearish technical indicators, even as many sat o
Published 29 Mar, 2011 12:00am
US MIDDAY: corn, soya and wheat slip

US MIDDAY: corn, soya and wheat slip

US corn futures fell about 1.5 percent on Monday on light profit taking in the absence of government confirmation of new corn sales to China, which was believed to have bought 1.25 million tonnes last week. Soybean acreage was estimated at 76.87 million,
Published 29 Mar, 2011 12:00am
US MIDDAY: copper tumbles

US MIDDAY: copper tumbles

Copper suffered its biggest one-day loss in about three weeks on Monday, as concerns about sustained softness in Chinese buying and rising inventory levels continued to hold investment demand back.
Published 29 Mar, 2011 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold prices continued to cut their losses on Monday as the dollar erased gains on the euro, once the European Central Bank seemed likely to tighten monetary policy as early as next month. Earlier, the precious metal fell more than 1 percent when the dolla
Published 29 Mar, 2011 12:00am
Five more ministries' devolution to provinces approved

Five more ministries' devolution to provinces approved

Chairman Implementation Commission on 18th Amendment, Mian Raza Rabbani on Monday informed the Senate that Federal Cabinet has approved devolution of five more ministries to the provinces. Taking the Upper House of the Parliament into confidence, Rabbani
Published 29 Mar, 2011 12:00am
Meezan Bank approves 15 percent bonus shares: 15th AGM held

Meezan Bank approves 15 percent bonus shares: 15th AGM held

The 15th Annual General Meeting (AGM) of Meezan Bank Limited was held at a hotel here on Monday. The shareholders approved 15 percent bonus shares for the year 2010 continuing the bank's unbroken payout record since the bank's date of listing on Karachi S
Published 29 Mar, 2011 12:00am
Meezan Bank approves 15 percent bonus shares: 15th AGM held

Meezan Bank approves 15 percent bonus shares: 15th AGM held

The 15th Annual General Meeting (AGM) of Meezan Bank Limited was held at a hotel here on Monday. The shareholders approved 15 percent bonus shares for the year 2010 continuing the bank's unbroken payout record since the bank's date of listing on Karachi S
Published 29 Mar, 2011 12:00am
Bank Alfalah posts Rs 5.604 billion profit before tax

Bank Alfalah posts Rs 5.604 billion profit before tax

Bank Alfalah Limited has posted a profit before provision and taxation of Rs 5.604 billion in the year ended December 31, 2010. This announcement was made at the 19th Annual General Meeting (AGM) of the bank held here on Monday. The meeting was chaired by
Published 29 Mar, 2011 12:00am
Bank Alfalah posts Rs 5.604 billion profit before tax

Bank Alfalah posts Rs 5.604 billion profit before tax

Bank Alfalah Limited has posted a profit before provision and taxation of Rs 5.604 billion in the year ended December 31, 2010. This announcement was made at the 19th Annual General Meeting (AGM) of the bank held here on Monday. The meeting was chaired by
Published 29 Mar, 2011 12:00am
'NUST should be built in Balochistan'

'NUST should be built in Balochistan'

Federal Minister for Science and Technology, Mir Changez Khan Jamali said that the attainment of higher scientific and technological education was the only way to steer the country toward social and economic prosperity. The minister said this while talkin
Published 29 Mar, 2011 12:00am
PTCL introduces new Vfone internet, SMS tariff

PTCL introduces new Vfone internet, SMS tariff

Pakistan Telecommunication Company LTD (PTCL), reinforcing its aim to make communication more affordable for its customers, has come up with a new exciting internet and SMS tariff for its valued customers of Vfone, the country's largest WLL network.
Published 29 Mar, 2011 12:00am
Moot on 'Rotterdam Rules' today

Moot on 'Rotterdam Rules' today

International Multimodal Transport Association Pakistan (IMMTAP) is going to organise a one-day national conference on 'Rotterdam Rules' today in Karachi. The conference is aimed at highlighting the issues of international transport of goods like carrier'
Published 29 Mar, 2011 12:00am
Poor mother helpless before her kids' mysterious disability

Poor mother helpless before her kids' mysterious disability

'There is no one but Allah to see or hear our pains' Mai Soni, mother of four disabled children, said during a visit to Bin Qasim Town here on Monday. Mai Soni, resident of Acharan Mohalla Ibrahim Hyderi near Korangi is the mother of eight kids and four o
Published 29 Mar, 2011 12:00am
Ajmal Pahari arrested

Ajmal Pahari arrested

Anti Extremists Cell (AEC) and Counter Terrorism Unit (CTU) of Crime Investigation Department (CID) on Monday claimed to have arrested a notorious criminal, who involved in around 100 targeted killings at New Karachi.
Published 29 Mar, 2011 12:00am
Dr Aftab delivers lecture on 'Modern Central Euro Asia'

Dr Aftab delivers lecture on 'Modern Central Euro Asia'

The Vice Chancellor University of Sindh Professor Dr Nazir A Mughal has urged upon the Deans of the Faculties to initiate research methodology classes in every semester and organise series of lectures by experts on various subjects for the knowledge of th
Published 29 Mar, 2011 12:00am
Blemish on judiciary

Blemish on judiciary

Top members of the Bar and Bench have repeatedly confessed in the media that true justice and independence has not trickled down from the higher judiciary to the lower following the lawyers movement. Pressure tactics of various kinds are routinely seen in
Published 29 Mar, 2011 12:00am
British peace campaigners an 'eyesore' for royal wedding?

British peace campaigners an 'eyesore' for royal wedding?

As far as the best vantage points for Britain's royal wedding go, Barbara Tucker is in prime position. Facing Big Ben, on the grassy fringes of Parliament Square, the anti-war campaigner is firmly ensconced at the starting point of the carriage procession
Published 29 Mar, 2011 12:00am
Democracy rides F-16s, Mirages and Harrier jump jets

Democracy rides F-16s, Mirages and Harrier jump jets

The UN-sanctioned Western invasion of Libya is attracting world-wide condemnation; the Russian premier compares it to a "crusade" exposing the real mindset of the Western 'democrats' and the UN who lecture the world on balancing its concern for the people
Published 29 Mar, 2011 12:00am
SBP: The challenges ahead

SBP: The challenges ahead

The direction of monetary policy that is to be set by the State Bank's Central Board of Directors after every two months has become fairly predictable due to the generally known behaviour of variables that are usually taken into account in its formulation
Published 29 Mar, 2011 12:00am
SECP marks 12,438 companies as defaulters

SECP marks 12,438 companies as defaulters

The Securities and Exchange Commission of Pakistan (SECP) has placed a list of 12,438 defaulter companies on its web-site. The registrars at the company's registration offices are issuing demand notices to these companies to take cognisance of their defau
Published 29 Mar, 2011 12:00am
ANF seizes narcotics, nabs 19

ANF seizes narcotics, nabs 19

Anti-Narcotics Force (ANF) seized 1,260 kg heroin, 84,324 kilogram charas, 8,623 kg opium, 3,456 kg morphine and 1.8 kg cocaine during last year, sources in the ministry of narcotics control revealed, here on Monday. The ANF has enhanced its anti-drug tra
Published 29 Mar, 2011 12:00am
'Renaming SCCI our constitutional right'

'Renaming SCCI our constitutional right'

President, Sarhad Chamber of Commerce & Industry (SCCI), Usman Bashir Bilour has said the renaming of the chamber as Khyber Pakhtunkhwa Chamber of Commerce and Industry (KPCCI) is our constitutional right and we will make all out efforts to get it changed
Published 29 Mar, 2011 12:00am
LHC seeks reply from LDA till April 15

LHC seeks reply from LDA till April 15

The Lahore High Court here Monday sought reply from Lahore Development Authority (LDA) till April 15 in an application seeking stay of auction of 26 shops and restaurant in Park and Ride Plaza, at Liberty Market. A bar member Azhar Saddique and shop owner
Published 29 Mar, 2011 12:00am
Traffic rules: Madrassah students given lecture

Traffic rules: Madrassah students given lecture

In an effort to extend the liaison campaign of Islamabad Traffic Police (ITP) to religious institutions, the ITP officers visited Hassan Bin Sabit Madrassah, Tarlai in the outskirts of Federal Capital and delivered lecture to the students about the traffi
Published 29 Mar, 2011 12:00am
15 accused including 8 gamblers held

15 accused including 8 gamblers held

Islamabad Police have nabbed 15 accused, including eight gamblers and six suspects from different areas and recovered one Kalashnikov assault rifle, stake money as well as other valuables from their possession. A spokesman of Islamabad Police said that re
Published 29 Mar, 2011 12:00am
Floods delay work on 46 megawatts power projects

Floods delay work on 46 megawatts power projects

The last monsoon floods delayed initiation of work on three hydropower projects of 46 megawatt in Khyber Pakhtunkhwa. The initiation of work on three projects with Koto (Dir), 30MW, Karora (Shangla) 8MW and Jabori (Mansehra) 8MW was scheduled in July 2010
Published 29 Mar, 2011 12:00am
International moot on 'molecular biology, biotechnology' inaugurated

International moot on 'molecular biology, biotechnology' inaugurated

A three-day international workshop on "Frontiers in Molecular Biology and Biotechnology" was inaugurated, here on Monday, at Committee on Scientific and Technological Co-operation (Comstech) secretariat building. OIC Comstech, a premier body entrusted to
Published 29 Mar, 2011 12:00am
KCCI, ICOC can help promote bilateral trade: Yenel

KCCI, ICOC can help promote bilateral trade: Yenel

"Pakistan and Turkey are two-states one-nation; Pakistan is potential destination for bilateral trade and commerce", expressed by Muhammet Yenel, Member, Executive Board, The Istanbul Chamber of Commerce (ICOC), in a meeting at Istanbul Chamber with Muham
Published 29 Mar, 2011 12:00am
Need stressed to explore alternative energy resources

Need stressed to explore alternative energy resources

Sindh Minister for Environment & Alternative Energy Sheikh Muhammad Afzal stressed the need of exploring alternative energy resources to overcome the persisting energy crisis. Presiding over the inauguration ceremony of International Trade & Industry Fair
Published 29 Mar, 2011 12:00am
Two more schools blown up in Dara Adam Khel

Two more schools blown up in Dara Adam Khel

Unknown miscreants blown up two more Government Boys School in Jovakai, Dara Adam Khel, Frontier Region (FR) Kohat, said political administration here on Monday. According to the political administration, unknown miscreants exploded two Government Boys Sc
Published 29 Mar, 2011 12:00am
New chariperpersons of SU appointed

New chariperpersons of SU appointed

The Syndicate University of Sindh has appointed new chariperpersons of the various teaching departments of the University. The decision was taken in the 178th meeting of the Syndicate under the chairmanship of Vice Chancellor Professor Dr Nazir A Mughal.
Published 29 Mar, 2011 12:00am
The Weather

The Weather

The weather report on Monday (March 28, 2011) and the forecast for Tuesday (March 29, 2011).

Published 29 Mar, 2011 12:00am
Four killed in separate incidents of violence

Four killed in separate incidents of violence

At least four persons including an activist of Dawat-e-Islami, were killed in separate incidents of violence at various parts of the metropolis here on Monday. According to details, an activist of Dawat-e-Islami 43-year-old Asghar Ali Atari son of Shahab
Published 29 Mar, 2011 12:00am
'India cannot suppress struggle of Kashmiris'

'India cannot suppress struggle of Kashmiris'

India cannot suppress the Kashmiris struggle for securing their inalienable right to self-determination by resorting to arrest of innocent people and other repressive tactics. APHC leader and Jammu and Kashmir Peoples League (JKPL) Vice Chairman Mukhtar A
Published 29 Mar, 2011 12:00am
WFP to support government's food security programme: Gallagher

WFP to support government's food security programme: Gallagher

Ministry of Food and Agriculture (Minfa) assured the United Nations' World Food Programme (WFP) that Pakistan would establish a food security programme for the needy. Kevin Gallagher, Representative of Food and Agriculture Organisation of the United Natio
Published 29 Mar, 2011 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 29 Mar, 2011 12:00am
Bolan Medical College professor kidnapped

Bolan Medical College professor kidnapped

Unidentified gunmen on Monday kidnapped a professor of Bolan Medical College (BMC), Quetta, police said. According to the police, BMC professor Mumtaz Naqvi was on way to college when unidentified men on Sabzal Road intercepted his vehicle and whished him
Published 29 Mar, 2011 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 29 Mar, 2011 12:00am
Thai Airways announces new flight timings

Thai Airways announces new flight timings

Thai Airways Intl. Pakistan announces new flight timings and special fare offers for it passengers travelling to/from Karachi. New flight timings: 1st of April onwards all Thai Airways flights from Karachi will depart at 2350hrs and reaching Bangkok at 06
Published 29 Mar, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (March 28, 2011).

Published 29 Mar, 2011 12:00am
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