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Print - 2011-04-04
Spyker Energy aims to raise 35 million pound in IPO

Spyker Energy aims to raise 35 million pound in IPO

Dutch gas and oil explorer Spyker Energy is aiming to raise up to 35 million pounds ($56 million) in a London stock market listing, according to a report in the Sunday Times. The group intends to start trading on London's junior AIM market just before Eas
Published 04 Apr, 2011 12:00am
Poland to offer up to 29 billion zlotys of bonds in second quarter

Poland to offer up to 29 billion zlotys of bonds in second quarter

Poland will offer up to 29 billion zlotys in bonds and as much as 12 billion zlotys in treasury bills in the second quarter, the finance ministry said on Thursday. Poland needs to borrow some 167.5 billion zlotys in 2011, of which it had raised 37 percent
Published 04 Apr, 2011 12:00am
Poland to offer up to 29 billion zlotys of bonds in second quarter

Poland to offer up to 29 billion zlotys of bonds in second quarter

Poland will offer up to 29 billion zlotys in bonds and as much as 12 billion zlotys in treasury bills in the second quarter, the finance ministry said on Thursday. Poland needs to borrow some 167.5 billion zlotys in 2011, of which it had raised 37 percent
Published 04 Apr, 2011 12:00am
BoE's rate decision in spotlight

BoE's rate decision in spotlight

The Bank of England is on the radar for investors next week as the central bank slowly moves towards raising interest rates from their record-low level due to a spike on inflation. London's FTSE 100 index rose 1.85 percent over the past week to finish at
Published 04 Apr, 2011 12:00am
Hong Kong's first yuan-denominated IPO gets regulatory nod

Hong Kong's first yuan-denominated IPO gets regulatory nod

Hui Xian REIT, the property flagship controlled by Hong Kong billionaire Li Ka-shing, has secured regulatory clearance to launch Hong Kong's first yuan-denominated stock offering, IFR reported late on Friday.
Published 04 Apr, 2011 12:00am
Global Markets Weekahead: investors look to life with tighter policy

Global Markets Weekahead: investors look to life with tighter policy

The new quarter is bringing with it a new danger for investors - the withdrawal of the easy money that saw them through the financial crisis. The European Central Bank is widely expected to raise interest rates on Thursday, fearful that above-target infla
Published 04 Apr, 2011 12:00am
Middle East markets: Egypt, Oman rally; other regional markets quiet

Middle East markets: Egypt, Oman rally; other regional markets quiet

Egyptian stocks worst-hit by the country's political turmoil rallied and Oman's bourse also gained on Sunday, while other regional markets were little changed ahead of first-quarter results. Egypt's index ended 1.7 percent higher, its fifth gain in seven
Published 04 Apr, 2011 12:00am
South Africa's rand seen weakening

South Africa's rand seen weakening

South Africa's rand is set to lose around 3 percent to the dollar in the next three months, hitting levels of around 7.20, as investors shy away from riskier assets, a Reuters poll showed on Wednesday. The poll of 31 analysts, taken this week, sees the ra
Published 04 Apr, 2011 12:00am
Egypt says no target level for pound

Egypt says no target level for pound

Egypt's deputy Central Bank governor said the bank had no target for the Egyptian pound and the level of the currency would depend on supply and demand, state news agency MENA reported on Sunday. "The central bank's strategy is clear," MENA cited Hisham R
Published 04 Apr, 2011 12:00am
Borse Dubai says backs Nasdaq bid for NYSE Euronext

Borse Dubai says backs Nasdaq bid for NYSE Euronext

Borse Dubai, the largest shareholder in Nasdaq OMX, backed the exchange's unsolicited $11.3 billion bid for NYSE Euronext, its chairman said on Friday. Essa Kazim, when asked whether the Dubai-based holding company that has an approximately 29 percent sta
Published 04 Apr, 2011 12:00am
Nigeria pushes back polls after logistics chaos

Nigeria pushes back polls after logistics chaos

Nigeria postponed parliamentary and presidential elections by one week on Sunday after failing to get logistical preparations in place, a major embarrassment for a nation hoping to break with a history of chaotic polls.
Published 04 Apr, 2011 12:00am
Obama to announce re-election bid this week

Obama to announce re-election bid this week

President Barack Obama is likely to announce plans next week to run for re-election and file campaign papers with the Federal Election Commission as early as Monday, Democratic officials said on Saturday.
Published 04 Apr, 2011 12:00am
German foreign minister quits coalition party helm

German foreign minister quits coalition party helm

German Foreign Minister Guido Westerwelle stepped down as head of the Free Democrats (FDP) on Sunday after a string of state election failures for the junior partners in Angela Merkel's coalition government. "After 10 years as party chairman, I will not r
Published 04 Apr, 2011 12:00am
Bahrain suspends opposition paper

Bahrain suspends opposition paper

Bahrain suspended the Gulf Arab state's main opposition newspaper on Sunday, after accusing it of falsifying news about recent sectarian unrest and a government crackdown on protests. Bahrain has seen the worst unrest since the 1990s after mostly Shia pro
Published 04 Apr, 2011 12:00am
Japan nuclear crisis to impact UN climate talks: EU

Japan nuclear crisis to impact UN climate talks: EU

Japan's nuclear crisis will affect UN-led talks to fight climate change because it is prompting nations to rethink energy policies and investment costs, the European Union said on Sunday. But top EU climate negotiator Artur Runge-Metzger doubted the incre
Published 04 Apr, 2011 12:00am
Gulf Arab ministers meet to discuss Iran 'meddling'

Gulf Arab ministers meet to discuss Iran 'meddling'

Gulf Arab foreign ministers meet Sunday in the Saudi capital to discuss Iranian interference in the region after a wave of unrest that has rocked the Arab world spilled over into some of the Western-backed monarchies.
Published 04 Apr, 2011 12:00am
Oman's battered protesters say they'll be back

Oman's battered protesters say they'll be back

Omani protesters on Sunday vowed to return to the area they demonstrated for five weeks in the northeast industrial town of Sohar after security forces moved them out last week. About 400 protesters took to the streets on Friday demanding the release of t
Published 04 Apr, 2011 12:00am
Egypt denies Mubarak left for Germany

Egypt denies Mubarak left for Germany

Egypt's ousted president Hosny Mubarak had not left for Germany despite a media report to the contrary, an official Egyptian source told the German Press Agency dpa on Sunday. The Qatar-based Al Jazeera broadcaster had earlier reported that Mubarak had le
Published 04 Apr, 2011 12:00am
Japan says it may take months to end radiation leaks

Japan says it may take months to end radiation leaks

Japan's government warned on Sunday it may take months to stop radiation leaking from a nuclear plant crippled by a huge earthquake and tsunami three weeks ago, as more bodies were recovered in devastated areas of northeast Japan.
Published 04 Apr, 2011 12:00am
Two protesters die, hundreds hurt in Yemen clash

Two protesters die, hundreds hurt in Yemen clash

Two Yemenis died and hundreds were hurt on Sunday when police used live rounds, tear gas and batons to try to break up protests against President Ali Abdullah Saleh, who called for an end to weeks of unrest. The two dead were among around 10 people hit by
Published 04 Apr, 2011 12:00am
Libyan minister carries Qadhafi message to Greece

Libyan minister carries Qadhafi message to Greece

A Libyan minister flew to Greece on Sunday with a message from Muammar Qadhafi, a Greek government official said, raising the prospect of diplomatic efforts to end a war facing stalemate on the battlefield. The Greek official told Reuters that Deputy Fore
Published 04 Apr, 2011 12:00am
Bangladesh student killed in clash on eve of strike

Bangladesh student killed in clash on eve of strike

A student at an Islamic school was shot dead on Sunday during clashes between police and protesters rallying in western Bangladesh to support a countrywide strike called by an Islamic group to protest against government policies on women.
Published 04 Apr, 2011 12:00am
Kazakh leader wins landslide re-election: exit poll

Kazakh leader wins landslide re-election: exit poll

Veteran Kazakh leader Nursultan Nazarbayev is likely to have won Sunday's early presidential election with 94.82 percent of the vote, an exit poll released early on Monday showed.
Published 04 Apr, 2011 12:00am
Three killed in Afghan protests against Holy Quran burning

Three killed in Afghan protests against Holy Quran burning

Three people, include a policeman, died Sunday as violent demonstrations continued across Afghanistan to protest the burning of a copy of the Holy Quran last month in the United States. Dozens more were injured in the protests, which brought hundreds to t
Published 04 Apr, 2011 12:00am
'Pak-Turkey friendship to be further strengthened'

'Pak-Turkey friendship to be further strengthened'

Speaker Khyber Pakhtunkhwa Assembly Kiramat Ullah Khan on Sunday said that Pak-Turkey friendship is time tested and durable and both countries share deep-rooted friendly relations.
Published 04 Apr, 2011 12:00am
Shaheed ZAB execution, a 'historic crime': Kaira

Shaheed ZAB execution, a 'historic crime': Kaira

Secretary Information Pakistan People's Party (PPP) Qamar Zaman Kaira said on Sunday that the execution of Shaheed Zulfiqar Ali Bhutto was a 'historic crime' and nobody in the country had accepted the verdict of the case, as a correct decision.
Published 04 Apr, 2011 12:00am
Naek visits mazar of ZAB

Naek visits mazar of ZAB

In connection with the 32nd death anniversary of Shaheed Zulfikar Ali Bhutto, the Senate Chairman, Farooq H. Naek, visited his mazar here on Sunday. On the occasion, he laid a floral wreath at the grave and offered 'Fateha'. Talking to mediamen, the Senat
Published 04 Apr, 2011 12:00am
Zardari visits Garhi Khuda Bux

Zardari visits Garhi Khuda Bux

In connection with the 32nd death anniversary of Shaheed Zulfiqar Ali Bhutto, President Asif Ali Zardari on Sunday visited ancestral graveyard of Bhutto family. He was accompanied by Chairman of Pakistan Peoples Party, Bilawal Bhutto Zardari.
Published 04 Apr, 2011 12:00am
Restoration of Constitution a tribute to Shaheed Bhutto: President

Restoration of Constitution a tribute to Shaheed Bhutto: President

Paying rich tributes to Shaheed Zulfikar Ali Bhutto, President Asif Ali Zardari said restoration of the 1973 Constitution was indeed a befitting tribute to the leader, who sacrificed his life for the people, democracy and the Constitution.
Published 04 Apr, 2011 12:00am
Separate business strategy for Sialkot demanded

Separate business strategy for Sialkot demanded

Sialkot is an important economic centre and the only city of Pakistan where 99 percent items are produced and exported to various parts of the world. Thousands of small and medium enterprises situated in and around the city are engaged in honouring intern
Published 04 Apr, 2011 12:00am
UAF establishes Model Farm

UAF establishes Model Farm

University of Agriculture, Faisalabad has established Model Farm at Post Graduate Agricultural Research Station (Model Farm) Jhang road with the installation of Drip Irrigation Mechanism along with Modern Precision Agriculture approaches in order to attra
Published 04 Apr, 2011 12:00am
PAD advises to grow non-BT cotton

PAD advises to grow non-BT cotton

The Punjab Agriculture Department (PAD) has advised the cotton growers that most suitable time for cultivation of traditional cotton (non-BT) in Multan, Khanewal, Vehari, Lodharan, Bahawalnagar, Bahawalpur, D G Khan, Rajanpur, Muzaffargarh, Layyah and Rah
Published 04 Apr, 2011 12:00am
JI campaign 'go America go' to continue: JI

JI campaign 'go America go' to continue: JI

America has badly entangled in Afghanistan and now is inclined to negotiate with its enemies to ensure the return of its forces safely. The war against terrorism for a decade which has brought irreparable loss to American economy, has also devastated the
Published 04 Apr, 2011 12:00am
MONEY WEEK: The fate of fiscal deficit

MONEY WEEK: The fate of fiscal deficit

The Federal Board of Revenue, as expected, and in accordance with its past performance scaled down its revenue target for the current fiscal year by Rs64 billion to Rs1,604 billion. This comes despite the austerity measures taken to boost revenue by Rs53
Published 04 Apr, 2011 12:00am
MONEY WEEK: The fate of fiscal deficit

MONEY WEEK: The fate of fiscal deficit

The Federal Board of Revenue, as expected, and in accordance with its past performance scaled down its revenue target for the current fiscal year by Rs64 billion to Rs1,604 billion. This comes despite the austerity measures taken to boost revenue by Rs53
Published 04 Apr, 2011 12:00am
MONEY WEEK: The fate of fiscal deficit

MONEY WEEK: The fate of fiscal deficit

The Federal Board of Revenue, as expected, and in accordance with its past performance scaled down its revenue target for the current fiscal year by Rs64 billion to Rs1,604 billion. This comes despite the austerity measures taken to boost revenue by Rs53
Published 04 Apr, 2011 12:00am
Government assures MQM of reviewing hike in POL prices

Government assures MQM of reviewing hike in POL prices

Federal Finance Minister Dr Abdul Hafeez Shaikh said on Sunday that the government was trying its level best to burden the people as low as possible and give them some relief, after consultation with the leadership of all political parties of the country.
Published 04 Apr, 2011 12:00am
Government assures MQM of reviewing hike in POL prices

Government assures MQM of reviewing hike in POL prices

Federal Finance Minister Dr Abdul Hafeez Shaikh said on Sunday that the government was trying its level best to burden the people as low as possible and give them some relief, after consultation with the leadership of all political parties of the country.
Published 04 Apr, 2011 12:00am
Government assures MQM of reviewing hike in POL prices

Government assures MQM of reviewing hike in POL prices

Federal Finance Minister Dr Abdul Hafeez Shaikh said on Sunday that the government was trying its level best to burden the people as low as possible and give them some relief, after consultation with the leadership of all political parties of the country.
Published 04 Apr, 2011 12:00am
Scientists find five new Alzheimer's risk genes

Scientists find five new Alzheimer's risk genes

Scientists looking for the genetic triggers that lead to Alzheimer's have identified five more, doubling the number linked with the mind-wasting disease. If drugs or lifestyle changes could be devised to counter these genetic variations, more than 60 perc
Published 04 Apr, 2011 12:00am
Scientists find five new Alzheimer's risk genes

Scientists find five new Alzheimer's risk genes

Scientists looking for the genetic triggers that lead to Alzheimer's have identified five more, doubling the number linked with the mind-wasting disease. If drugs or lifestyle changes could be devised to counter these genetic variations, more than 60 perc
Published 04 Apr, 2011 12:00am
Magnitude-6.7 quake strikes off Indonesia

Magnitude-6.7 quake strikes off Indonesia

An earthquake with a magnitude of 6.7 struck early Monday in the Indian Ocean south of the Indonesian island of Java, the US Geological Survey said. The epicentre was 24 kilometres (15 miles) miles deep, they said, after initially estimating it at 10 kilo
Published 04 Apr, 2011 12:00am
Magnitude-6.7 quake strikes off Indonesia

Magnitude-6.7 quake strikes off Indonesia

An earthquake with a magnitude of 6.7 struck early Monday in the Indian Ocean south of the Indonesian island of Java, the US Geological Survey said. The epicentre was 24 kilometres (15 miles) miles deep, they said, after initially estimating it at 10 kilo
Published 04 Apr, 2011 12:00am
UN probe follows BB's premonition: Gilani

UN probe follows BB's premonition: Gilani

Prime Minister Yousuf Raza Gilani said here on Sunday that the probe by a United Nations Commission into the death of Benazir Bhutto was conducted to ensure credibility and to dig out facts.
Published 04 Apr, 2011 12:00am
UN probe follows BB's premonition: Gilani

UN probe follows BB's premonition: Gilani

Prime Minister Yousuf Raza Gilani said here on Sunday that the probe by a United Nations Commission into the death of Benazir Bhutto was conducted to ensure credibility and to dig out facts.
Published 04 Apr, 2011 12:00am
Senate report to reveal mortgage crisis details: WSJ

Senate report to reveal mortgage crisis details: WSJ

The Senate will soon issue findings of a probe of the US mortgage meltdown that fuelled the global financial crisis, with Goldman Sachs likely to face fresh embarrassment over its role, the Wall Street Journal reported Sunday.
Published 04 Apr, 2011 12:00am
Senate report to reveal mortgage crisis details: WSJ

Senate report to reveal mortgage crisis details: WSJ

The Senate will soon issue findings of a probe of the US mortgage meltdown that fuelled the global financial crisis, with Goldman Sachs likely to face fresh embarrassment over its role, the Wall Street Journal reported Sunday.
Published 04 Apr, 2011 12:00am
Senate report to reveal mortgage crisis details: WSJ

Senate report to reveal mortgage crisis details: WSJ

The Senate will soon issue findings of a probe of the US mortgage meltdown that fuelled the global financial crisis, with Goldman Sachs likely to face fresh embarrassment over its role, the Wall Street Journal reported Sunday.
Published 04 Apr, 2011 12:00am
9/11 kin decry plans to house remains at museum

9/11 kin decry plans to house remains at museum

Some relatives of victims who died a decade ago at the World Trade Center are decrying a plan to place more than 9,000 unidentified pieces of human remains at the site of the National September 11 Memorial & Museum. Family members and supporters gathered
Published 04 Apr, 2011 12:00am
9/11 kin decry plans to house remains at museum

9/11 kin decry plans to house remains at museum

Some relatives of victims who died a decade ago at the World Trade Center are decrying a plan to place more than 9,000 unidentified pieces of human remains at the site of the National September 11 Memorial & Museum. Family members and supporters gathered
Published 04 Apr, 2011 12:00am
GCC rejects Iran 'interference'

GCC rejects Iran 'interference'

Gulf Arab states expressed deep concern on Sunday over what they called Iranian interference in their internal affairs, in a statement issued after a foreign affairs meeting in the Saudi capital Riyadh.
Published 04 Apr, 2011 12:00am
GCC rejects Iran 'interference'

GCC rejects Iran 'interference'

Gulf Arab states expressed deep concern on Sunday over what they called Iranian interference in their internal affairs, in a statement issued after a foreign affairs meeting in the Saudi capital Riyadh.
Published 04 Apr, 2011 12:00am
Thousands mourn the dead as Syrian Prime Minister appointed

Thousands mourn the dead as Syrian Prime Minister appointed

Thousands of Syrians marched through a Damascus suburb Sunday in funerals for those killed in new protests, as the president appointed a former agriculture minister to form a new government as part of limited gestures to those calling for sweeping politic
Published 04 Apr, 2011 12:00am
Thousands mourn the dead as Syrian Prime Minister appointed

Thousands mourn the dead as Syrian Prime Minister appointed

Thousands of Syrians marched through a Damascus suburb Sunday in funerals for those killed in new protests, as the president appointed a former agriculture minister to form a new government as part of limited gestures to those calling for sweeping politic
Published 04 Apr, 2011 12:00am
FIA seeks registration of criminal case: NICL chief

FIA seeks registration of criminal case: NICL chief

The Federal Investigation Agency (FIA) has recommended to the Supreme Court to register a ''criminal case'' against Tariq Iqbal Puri, officiating Chairman of National Insurance Company Ltd. (NICL), saying that his unwarranted delay in submission of evalua
Published 04 Apr, 2011 12:00am
FIA seeks registration of criminal case: NICL chief

FIA seeks registration of criminal case: NICL chief

The Federal Investigation Agency (FIA) has recommended to the Supreme Court to register a 'criminal case' against Tariq Iqbal Puri, officiating Chairman of National Insurance Company Ltd. (NICL), saying that his unwarranted delay in submission of evaluati
Published 04 Apr, 2011 12:00am
FIA seeks registration of criminal case: NICL chief

FIA seeks registration of criminal case: NICL chief

The Federal Investigation Agency (FIA) has recommended to the Supreme Court to register a 'criminal case' against Tariq Iqbal Puri, officiating Chairman of National Insurance Company Ltd. (NICL), saying that his unwarranted delay in submission of evaluati
Published 04 Apr, 2011 12:00am
Futures open interest up 26 percent

Futures open interest up 26 percent

Total open interest at the futures counter increased by 26 percent to Rs 1.88 billion during the week ended on April 2, 2011. On the other hand, the futures spreads also increased by 45bps to 7.93 percent. Trading at the futures counter, however, remained
Published 04 Apr, 2011 12:00am
Futures open interest up 26 percent

Futures open interest up 26 percent

Total open interest at the futures counter increased by 26 percent to Rs 1.88 billion during the week ended on April 2, 2011. On the other hand, the futures spreads also increased by 45bps to 7.93 percent. Trading at the futures counter, however, remained
Published 04 Apr, 2011 12:00am
Futures open interest up 26 percent

Futures open interest up 26 percent

Total open interest at the futures counter increased by 26 percent to Rs 1.88 billion during the week ended on April 2, 2011. On the other hand, the futures spreads also increased by 45bps to 7.93 percent. Trading at the futures counter, however, remained
Published 04 Apr, 2011 12:00am
Positive trend on KSE

Positive trend on KSE

Positive trend was witnessed at the Karachi share market during the week ended on April 1, 2011 and the KSE-100 index increased by 333.51 points to close at 11,885.64 points. Trading improved and the average daily volume at ready counter increased to 78.1
Published 04 Apr, 2011 12:00am
Positive trend on KSE

Positive trend on KSE

Positive trend was witnessed at the Karachi share market during the week ended on April 1, 2011 and the KSE-100 index increased by 333.51 points to close at 11,885.64 points. Trading improved and the average daily volume at ready counter increased to 78.1
Published 04 Apr, 2011 12:00am
Positive trend on KSE

Positive trend on KSE

Positive trend was witnessed at the Karachi share market during the week ended on April 1, 2011 and the KSE-100 index increased by 333.51 points to close at 11,885.64 points. Trading improved and the average daily volume at ready counter increased to 78.1
Published 04 Apr, 2011 12:00am
Bhutto's 32nd death anniversary today

Bhutto's 32nd death anniversary today

The 32nd death anniversary of Pakistan Peoples Party (PPP) founder Zulfikar Ali Bhutto will be observed across the country on Monday (today). The main ceremony will be held in Garhi Khuda Bux, the final resting-place of Zulfikar Ali Bhutto, who sacrificed
Published 04 Apr, 2011 12:00am
Bhutto's 32nd death anniversary today

Bhutto's 32nd death anniversary today

The 32nd death anniversary of Pakistan Peoples Party (PPP) founder Zulfikar Ali Bhutto will be observed across the country on Monday (today). The main ceremony will be held in Garhi Khuda Bux, the final resting-place of Zulfikar Ali Bhutto, who sacrificed
Published 04 Apr, 2011 12:00am
Bilawal briefed about BB murder probe

Bilawal briefed about BB murder probe

Chairman Pakistan People's Party Bilawal Bhutto Zardari, after having a thorough briefing on the investigation into the assassination of Shaheed Benazir Bhutto, said on Sunday the premature release of the entire investigation report could legally sabotage
Published 04 Apr, 2011 12:00am
Bilawal briefed about BB murder probe

Bilawal briefed about BB murder probe

Chairman Pakistan People's Party Bilawal Bhutto Zardari, after having a thorough briefing on the investigation into the assassination of Shaheed Benazir Bhutto, said on Sunday the premature release of the entire investigation report could legally sabotage
Published 04 Apr, 2011 12:00am
Jamadi-ul-Awwal moon may be sighted today

Jamadi-ul-Awwal moon may be sighted today

The new Jamadi-ul-Awwal moon may be sighted today (Monday) according to astronomical parameters. Therefore, the first of Jamadi-ul-Awwal, 1432 AH may fall tomorrow (Tuesday). The moon crossed the conjunction line yesterday (Sunday) at 1932 Pakistan Standa
Published 04 Apr, 2011 12:00am
Jamadi-ul-Awwal moon may be sighted today

Jamadi-ul-Awwal moon may be sighted today

The new Jamadi-ul-Awwal moon may be sighted today (Monday) according to astronomical parameters. Therefore, the first of Jamadi-ul-Awwal, 1432 AH may fall tomorrow (Tuesday). The moon crossed the conjunction line yesterday (Sunday) at 1932 Pakistan Standa
Published 04 Apr, 2011 12:00am
Afghan transit cargo: FBR against engaging NLC-hired transport

Afghan transit cargo: FBR against engaging NLC-hired transport

The Federal Board of Revenue (FBR) has proposed to the Ministry of Finance to disallow transport of Afghan transit cargo from Karachi to Amangarh (Nowshera) and Chaman through National Logistics Cell''s (NLC) hired mechanical transport (HMT), as HMTs are
Published 04 Apr, 2011 12:00am
Afghan transit cargo: FBR against engaging NLC-hired transport

Afghan transit cargo: FBR against engaging NLC-hired transport

The Federal Board of Revenue (FBR) has proposed to the Ministry of Finance to disallow transport of Afghan transit cargo from Karachi to Amangarh (Nowshera) and Chaman through National Logistics Cell's (NLC) hired mechanical transport (HMT), as HMTs are n
Published 04 Apr, 2011 12:00am
Afghan transit cargo: FBR against engaging NLC-hired transport

Afghan transit cargo: FBR against engaging NLC-hired transport

The Federal Board of Revenue (FBR) has proposed to the Ministry of Finance to disallow transport of Afghan transit cargo from Karachi to Amangarh (Nowshera) and Chaman through National Logistics Cell's (NLC) hired mechanical transport (HMT), as HMTs are n
Published 04 Apr, 2011 12:00am
Suicide blasts at shrine kill 42

Suicide blasts at shrine kill 42

As many as 42 people were killed and more than 100 others injured in two separate suicide blasts at Darbar Sakhi Sarwar, about 35 kms off Dera Ghazi Khan city on Sunday. The bombers struck outside the shrine of the 13th century Sufi saint Ahmed Sultan, po
Published 04 Apr, 2011 12:00am
Suicide blasts at shrine kill 42

Suicide blasts at shrine kill 42

As many as 42 people were killed and more than 100 others injured in two separate suicide blasts at Darbar Sakhi Sarwar, about 35 kms off Dera Ghazi Khan city on Sunday. The bombers struck outside the shrine of the 13th century Sufi saint Ahmed Sultan, po
Published 04 Apr, 2011 12:00am
TTHE RUPE: slight decline

TTHE RUPE: slight decline

The rupee managed to resist sharp decline against dollar on the currency market during the week ended on April 2, 2011. On the interbank market, the rupee shed five paisa in relation to dollar for buying and selling at 85.40 and 85.45.
Published 04 Apr, 2011 12:00am
TTHE RUPE: slight decline

TTHE RUPE: slight decline

The rupee managed to resist sharp decline against dollar on the currency market during the week ended on April 2, 2011. On the interbank market, the rupee shed five paisa in relation to dollar for buying and selling at 85.40 and 85.45.
Published 04 Apr, 2011 12:00am
All set to start census on April 05

All set to start census on April 05

The Population Census Organisation (PCO) of Statistics division has finalised all arrangements across the country, including Azad Jammu and Kashmir and Gilgit-Baltistan for holding of the much awaited 6th Population and Housing Census 2011 from April 5 th
Published 04 Apr, 2011 12:00am
All set to start census on April 05

All set to start census on April 05

The Population Census Organisation (PCO) of Statistics division has finalised all arrangements across the country, including Azad Jammu and Kashmir and Gilgit-Baltistan for holding of the much awaited 6th Population and Housing Census 2011 from April 5 th
Published 04 Apr, 2011 12:00am
The Weather

The Weather

The weather report on Sunday (April 03, 2011) and the forecast for Monday (April 04, 2011).

Published 04 Apr, 2011 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (March 28 to April 02 2011)

Published 04 Apr, 2011 12:00am
Money is yours but resources belong to society

Money is yours but resources belong to society

Germany is a highly industrialised country. It produces top brands like Benz, BMW, Siemens etc. The nuclear reactor pump is made in a small town in this country. In such a country, many will think its people lead a luxurious life. At least that was my imp
Published 04 Apr, 2011 12:00am
Afridi wants batting coach

Afridi wants batting coach

Now Afridi Sahib wants a batting coach. That's OK. I think he should now demand coaches for fielding-for on side, off side, slips (one for each slip), leg side and all other fielding points and above all for wicket keeping. Also for batting, there should
Published 04 Apr, 2011 12:00am
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