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Print - 2011-04-07
UN renews condemnation of Holy Quran burning

UN renews condemnation of Holy Quran burning

UN Secretary General Ban Ki-moon met Tuesday with a group of ambassadors from Muslim countries and reiterated his condemnation of the recent burning of a copy of the Holy Quran by a Florida pastor. "He condemned the incident and said such actions cannot b
Published 07 Apr, 2011 12:00am
Japan focuses on hydrogen build-up

Japan focuses on hydrogen build-up

Japan began pumping nitrogen gas into a crippled nuclear reactor, refocusing the fight against the world's worst nuclear disaster in 25 years on preventing an explosive build-up of hydrogen gas at Fukushima Daiichi power plant. Workers started injecting n
Published 07 Apr, 2011 12:00am
Russia, US agree chopper deal for Afghanistan

Russia, US agree chopper deal for Afghanistan

Moscow and Washington have agreed the terms of a contract to supply Afghanistan with 21 MI-17 helicopters, Kommersant daily said on Wednesday, adding Russia would pocket $367.5 million as a result of the deal. Citing Germany's special representative on Af
Published 07 Apr, 2011 12:00am
New York cotton settles higher

New York cotton settles higher

US cotton futures finished up the daily maximum on Tuesday on investor and speculator short-covering as players awaited release of a government crop report at the end of the week, brokers said. The key May cotton contract on ICE Futures US rose the 7-cent
Published 07 Apr, 2011 12:00am
US copper ends up

US copper ends up

Copper ended higher on Tuesday, after a much-anticipated rate hike in China failed to rattle the market, even as the metal-consuming giant's appetite for the metal has softened at the start of the year. COMEX May copper rose 0.95 cent to settle at $4.2645
Published 07 Apr, 2011 12:00am
Shanghai copper rises

Shanghai copper rises

Copper prices rose on Wednesday in London, and Shanghai futures jumped more than 1 percent when the market re-opened after a two-day holiday during which Beijing tightened the monetary policy screws with a 25-point hike in interest rates. The Shanghai Fut
Published 07 Apr, 2011 12:00am
Copper rises to one-week high

Copper rises to one-week high

Copper rose to a one-week peak on Wednesday, supported by non-US investors as the euro hit its highest in more than a year versus the dollar and on prospects of better commodity imports data from top consumer China. Three-month copper on the London Metal
Published 07 Apr, 2011 12:00am
Brent hits 2-1/2 year peak; gains seen slowing

Brent hits 2-1/2 year peak; gains seen slowing

Brent crude oil prices rose to a 2-1/2-year high above $123 a barrel on Wednesday before erasing the majority of gains in volatile trade as market players fretted the recent rally was overdone. Brent has risen for five straight days to climb more than $7
Published 07 Apr, 2011 12:00am
Tokyo rubber futures down

Tokyo rubber futures down

Key Tokyo rubber futures inched lower on Wednesday despite a weaker yen and a rise in oil and other commodities, as investors grew cautious about the recent rapid pace of price increases and closed positions. The key Tokyo Commodity Exchange rubber contra
Published 07 Apr, 2011 12:00am
Malaysian palm oil edges up

Malaysian palm oil edges up

Palm oil futures edged up on Wednesday as the discount of the tropical oil to competing soyoil widened, raising hopes of stronger demand, although there was caution over the impact of China's rate hike. China's fourth interest rate hike since October, ann
Published 07 Apr, 2011 12:00am
New York cocoa falls

New York cocoa falls

ICE cocoa futures closed lower in heavy volume on Tuesday, as the embattled leader in top producer Ivory Coast negotiated the terms of his departure, which would allow exports to resume soon. ICE arabica coffee futures surged in its biggest one-day percen
Published 07 Apr, 2011 12:00am
US soyabeans stay down

US soyabeans stay down

US soyabean futures fell for the third straight day on Tuesday as China's decision to raise interest rates threatened to cool buying from the world's top importer of soyabeans, traders said. Soya market also faced pressure from the ongoing harvest of what
Published 07 Apr, 2011 12:00am
Liffe cocoa surges

Liffe cocoa surges

Liffe July cocoa ended 10 pounds higher at 1,921 pounds a tonne on Wednesday as prices consolidated following recent losses. Dealers eyed developments in top producer Ivory Coast where the political conflict appeared close to a conclusion. Liffe July robu
Published 07 Apr, 2011 12:00am
Gold firms near record in Asia

Gold firms near record in Asia

Gold held on Wednesday near a lifetime high hit in the previous session as lingering worries about inflation and tensions in the Arab world offset China's latest move to raise interest rates. Silver hit another 31-year peak as the metal attracted interest
Published 07 Apr, 2011 12:00am
US gold jumps to all-time high

US gold jumps to all-time high

Gold jumped to an all-time high above $1,450 an ounce on Tuesday, as peak crude and corn prices fanned inflation fears and a downgrade of Portugal's credit rating drew attention to eurozone problems. Bullion rose more than 1 percent, its biggest gain in m
Published 07 Apr, 2011 12:00am
Gold tops $1,460 in European trade

Gold tops $1,460 in European trade

Gold hit a record high for a second straight session on Wednesday, powered by investor demand for safe-haven assets and a slide in the dollar in anticipation of a eurozone rate hike, while silver hit fresh 31-year peaks. Unrest across the Arab world and u
Published 07 Apr, 2011 12:00am
US MIDDAY: coffee and sugar weaker

US MIDDAY: coffee and sugar weaker

US cocoa futures consolidated and settled higher on Wednesday as the conflict in top grower Ivory Coast was not resolved as quickly as anticipated. The benchmark May raw sugar contract dropped 0.84 cent or 3 percent to finish at 26.71 cents per lb. May ar
Published 07 Apr, 2011 12:00am
US MIDDAY: corn falls, soya up

US MIDDAY: corn falls, soya up

US corn futures fell 1 percent on Wednesday on profit-taking after hitting a record high a day earlier on shrinking supplies in the United States due to unflinching demand even at soaring prices. Futures fell for the first time in five sessions after havi
Published 07 Apr, 2011 12:00am
US MIDDAY: copper rallies

US MIDDAY: copper rallies

Copper ended sharply higher on Wednesday, posting its biggest one-day gain in two weeks as currency-related buying and perceptions of healthier Chinese purchases fed the rally. COMEX May copper shot up 10.55 cents to settle at $4.37 per lb, as the momentu
Published 07 Apr, 2011 12:00am
US MIDDAY: gold hits record again, silver surges

US MIDDAY: gold hits record again, silver surges

Gold rose to an all-time high for a second straight day on Wednesday as the US dollar fell to a 14-month low against the euro ahead of an expected interest rate hike from the European Central Bank (ECB). Silver surged to a 31-year peak for a third consecu
Published 07 Apr, 2011 12:00am
NBP President felicitated

NBP President felicitated

The President NBP, Qamar Hussain has said that NBP's most valuable asset is the performance of its competent and professional workforce. With right focus and attitude of its employees, NBP can reach its true potential, which is yet to be explored and whic
Published 07 Apr, 2011 12:00am
Swift treasure hunt rally held

Swift treasure hunt rally held

Pak Suzuki Motor Co Ltd brings a unique experience for all Swift owners - The first ever Swift Treasure Hunt Rally 2011. An innovative on-ground experience bringing to life the thrill and excitement among the Karachiites. This event was especially arrange
Published 07 Apr, 2011 12:00am
Computerisation of land records stressed

Computerisation of land records stressed

Speakers at a workshop stressed the need of computerisation of land records to eliminate public corruption. They were speaking at a two-day training workshop for capacity building of media representatives on urban land management, which was organised Sheh
Published 07 Apr, 2011 12:00am
Four persons killed in various incidents

Four persons killed in various incidents

At least four persons including an activist of Pakistan People's Party (PPP) were killed in different incidents across the city on Wednesday. According to details, an activist of PPP was shot dead while the other injured at Jummah Goth Malir in the limits
Published 07 Apr, 2011 12:00am
Flood victims call for reconstruction: survey

Flood victims call for reconstruction: survey

The international agency, Oxfam, claims that an overwhelming 70 percent of those affected by floods in Pakistan want reconstruction, which will create jobs and make availability of food on affordable prices for wage earners. Oxfam released its survey on W
Published 07 Apr, 2011 12:00am
SCB gets APNS award

SCB gets APNS award

The Standard Chartered Bank (SCB) print campaign captioned 'We respect and value your beliefs' has been awarded the Runner Up Award for the year 2009-10 by the All Pakistan Newspaper Society (APNS). The advertising campaign was launched by SCB's agency, M
Published 07 Apr, 2011 12:00am
Sunni Tehrik workers' arrest sparks violence

Sunni Tehrik workers' arrest sparks violence

Violence gripped Mehmoodabad on Wednesday and a passenger bus was set on fire following the arrest of Sunni Tehrik (ST) workers. According to details, the inhabitants of Mehmoodabad Parsi Colony turned violent after the Special Investigation Unit (SIU) of
Published 07 Apr, 2011 12:00am
Dr Nabi Bux Baloch passes away

Dr Nabi Bux Baloch passes away

Prominent scholar, researcher, intellectual and literary figure Dr Nabi Bux Baloch died of a heart attack late Tuesday night. Baloch was a famous writer of Sindhi, Persian, Arabic and Urdu languages. He wrote several important books on Sindh's history and
Published 07 Apr, 2011 12:00am
Basmati rice export increases by 12 percent

Basmati rice export increases by 12 percent

The country's basmati rice export has increased by 12 percent to $655.606 million in the first nine months of the current fiscal year FY11 as compared to $587.347 million in the corresponding period of FY10. The quantity of exported basmati rice increased
Published 07 Apr, 2011 12:00am
ECP's parliamentary body meeting held

ECP's parliamentary body meeting held

The meeting of the Parliamentary Committee, on confirmation of nomination of Members of Election Commission of Pakistan (ECP) was held here on Wednesday. The Secretary National Assembly briefed the Committee that the rules for conducting the business of t
Published 07 Apr, 2011 12:00am
Zardari condoles Dr Bux demise

Zardari condoles Dr Bux demise

President Asif Ali Zardari on Wednesday condoled over the death of renowned educationist, scholar and writer Dr Nabi Bux Baloch and termed it a great loss for the nation. Paying tributes to the deceased, he said men of letters and intellectuals like Baloc
Published 07 Apr, 2011 12:00am
'KU ready to facilitate Halal food certification'

'KU ready to facilitate Halal food certification'

Speakers at 3rd seminar on "Food" have called for promoting research, quality control and certification programmes to ensure food quality and boost country's exports of Halal food. They said that Pakistan is world leading food-producing country and it can
Published 07 Apr, 2011 12:00am
Dr Saghir inaugurates polio drive

Dr Saghir inaugurates polio drive

Dr Saghir Ahmed inaugurated the polio drive by administrating polio drops to three children in a field camp near Mubina Police Station Gulshan Town to mark the World Health Day here on Wednesday. CDGK established 18 field camps one in each town of the cit
Published 07 Apr, 2011 12:00am
Armed robbers loot 12 shops in Shershah market

Armed robbers loot 12 shops in Shershah market

A token strike of the traders against the criminal elements failed to convince the law enforcement agencies (LEAs) to make strict security measures as over a dozen of armed pillion riders looted valuables worth over a half million rupees from some 12 shop
Published 07 Apr, 2011 12:00am
PIA pilots to participate in IFALPA Conference

PIA pilots to participate in IFALPA Conference

Pilots of Pakistan International Airline PIA will participate in the Annual International Federation of Airline Pilots' Association (IFALPA) Conference on air safety, scheduled to be held on the International Airline Pilots' Day, April 7 in Chiang Mai, Th
Published 07 Apr, 2011 12:00am
Japan disaster and media

Japan disaster and media

On 11 March, Japan suffered from triple tragedies: an earthquake of 9.1 magnitude, a tsunami of over 33 feet high, and a nuclear disaster in three of the nation's reactors at Fukushima prefecture in the north-east of the island. It was the most expensive
Published 07 Apr, 2011 12:00am
The economic benefits of green ICT

The economic benefits of green ICT

Adoption of eco-friendly green programmes could result in positive gains of a country's economy. The United Nations Environment Programme released a report in late 2010 proving that investing in green technology - that is, processes that enhance the plane
Published 07 Apr, 2011 12:00am
Entrepreneurship as engine of economic development

Entrepreneurship as engine of economic development

Not too long ago this was going nowhere. Nobody was willing to buy it, no university nor business school nor institution. Neither the economists nor the policymakers had any patience with entrepreneurship, with the exception of one, Nadeem-ul-Haq. The aca
Published 07 Apr, 2011 12:00am
Taxation disputes: lessons in transfer pricing

Taxation disputes: lessons in transfer pricing

A transfer price is a price agreed between two related persons or taxpayers when selling to, buying from, or hiring resources. For example, if John's Co manufactures goods in Country X and sells them to its foreign affiliate, Abbot Co, organised in Countr
Published 07 Apr, 2011 12:00am
VIEWPOINT: Reference before SC

VIEWPOINT: Reference before SC

There has never been a dull moment since the Zardari-led PPP came to power. Three years on, the government has suddenly realised it needs to rectify a history's wrong.
Published 07 Apr, 2011 12:00am
The traders strike!

The traders strike!

The call for strike action by Karachi's business community on 5 April was successful as all shops, from departmental stores to small one-man operations including Paan shops, remained closed in the financial capital of the country. The raison d'etre for th
Published 07 Apr, 2011 12:00am
Cameron's bid for a 'fresh start'

Cameron's bid for a 'fresh start'

British Prime Minister David Cameron's hectic day-long visit to Islamabad on Tuesday has been described by a UK newspaper as a "diplomatic gamble" to salvage the UK-Pakistan relationship from the deep freeze he had put into by making a highly provocative
Published 07 Apr, 2011 12:00am
Senator Khurshid concerned over HEC devolution

Senator Khurshid concerned over HEC devolution

Naib Amir of Jamaat-e-Islami Pakistan Senator Professor Khurshid Ahmad has expressed his serious concern over the proposed devolution of the Higher Education Commission (HEC). According to Professor Khurshid the 18th Constitutional Amendment deserves to b
Published 07 Apr, 2011 12:00am
OPF Housing Scheme: PAC body directs secretary to hold internal audit

OPF Housing Scheme: PAC body directs secretary to hold internal audit

Implementation committee of Public Accounts Committee (PAC) unearthed massive irregularities and mismanagement and directed secretary Ministry of Overseas Pakistanis to hold internal audits of all the housing schemes being run by the Overseas Pakistanis F
Published 07 Apr, 2011 12:00am
HEC devolution: all vice chancellors' meeting today

HEC devolution: all vice chancellors' meeting today

The Higher Education Commission (HEC) of Pakistan has convened a meeting of all Vice-Chancellors (VCs) of the public sector and private universities on Thursday to discuss the government's plan to dissolve HEC, it is learnt. Sources in HEC told Busines
Published 07 Apr, 2011 12:00am
MUST academic association concerned over devolution of HEC

MUST academic association concerned over devolution of HEC

The Academic Staff Association (ASA) of the state-run Mirpur University of Science and Technology (MUST) expressed grave concerns over the reported devolution of the Higher Education Commission (HEC) to the provinces, it was officially declared.
Published 07 Apr, 2011 12:00am
'HEC's ongoing scholarships programme to continue'

'HEC's ongoing scholarships programme to continue'

Chairman Implementation Commission on 18th Amendment, Mian Raza Rabbani said on Wednesday the ongoing scholarships programme of the Higher Education Commission (HEC) would not affect despite the commission was being devolved as per spirit of the 18 Amendm
Published 07 Apr, 2011 12:00am
109 Pakistani evacuated from Libya

109 Pakistani evacuated from Libya

One hundred and nine Pakistani evacuated from Libya arrived at Quaid-e-Azam International Airport Karachi from Tunis. According to an update issued by Foreign Office, as of Wednesday 5775 Pakistanis have returned to Pakistan from Libya.
Published 07 Apr, 2011 12:00am
Cao Guangjing conferred civilian award

Cao Guangjing conferred civilian award

President Asif Ali Zardari on Wednesday conferred the award of Hilal-e-Quaid-e-Azam upon Cao Guangjing, Chairman of the China Three Gorges Project Corporation (CTGPC) at a special investiture ceremony here at the Aiwan-e-Sadr. The President conferred the
Published 07 Apr, 2011 12:00am
Illiteracy, ignorance major hurdles in progress: Firdous

Illiteracy, ignorance major hurdles in progress: Firdous

Minister for Information and Broadcasting Dr Firdous Ashiq Awan said that illiteracy and ignorance were two major hurdles in the development and progress of the country, says a press release received here on Wednesday. Addressing a function organised in c
Published 07 Apr, 2011 12:00am
Five alleged robbers held

Five alleged robbers held

Islamabad Police have arrested five persons from different areas of the city and recovered stolen items, gold ornaments and illegal weapons from their possession, said a spokesman of Islamabad Police here on Wednesday. Bhara Kahu Police nabbed three perso
Published 07 Apr, 2011 12:00am
Chief minister Punjab reviews law and order situation

Chief minister Punjab reviews law and order situation

Punjab Chief Minister Muhammad Shahbaz Sharif presided over a high level meeting at Chief Minister's Secretariat Wednesday to review law and order situation in the province. Senior Advisor Sardar Zulfiqar Ali Khan Khosa, Minister for Law Rana Sanaullah Kh
Published 07 Apr, 2011 12:00am
LSE to induce SMEs to list on Exchange

LSE to induce SMEs to list on Exchange

The Lahore Stock Exchange (LSE) has chalked out a comprehensive plan to induce the small and medium enterprises of the Punjab province to list on the Exchange. The LSE Managing Director Aftab Ahmad Chaudhry while talking to Business Recorder here o
Published 07 Apr, 2011 12:00am
LCCI organises business walk

LCCI organises business walk

Thousands of businessmen, politicians, members of the civil society, business women, students and professors on Wednesday took part in LCCI Business Walk to express solidarity and show their resolve to take the country out of gloom and promote healthy act
Published 07 Apr, 2011 12:00am
Export of skilled manpower: MoC begins training programme

Export of skilled manpower: MoC begins training programme

The Ministry of Commerce has taken a major initiative to export skilled and well-trained manpower to the Gulf countries under 'Skill Development and Placement Program'. This was stated by Minister for Commerce Amin Fahim here on Wednesday at a press brief
Published 07 Apr, 2011 12:00am
One killed in road mishap

One killed in road mishap

A collision between a speeding motorcycle and a donkey cart killed a youth besides causing injuries to his father, near here on Wednesday. According to hospital sources, Ali Nawaz of Chak 16/1-L and his son Gul Nawaz were travelling towards city on a moto
Published 07 Apr, 2011 12:00am
Transport fares go up in Khyber Pakhtunkhwa

Transport fares go up in Khyber Pakhtunkhwa

The Provincial Transport Authority (RTA) Khyber Pakhtunkhwa on Wednesday issued new revised fare rates to increase transport fares on both inter-provincial and inter-city routes in proportion to recent increase in the price of diesel.
Published 07 Apr, 2011 12:00am
Situation in Fata improving, says Kausar

Situation in Fata improving, says Kausar

Governor Khyber Pakhtunkhwa Barrister Masood Kausar has said that situation in Fata was rapidly improving whereas peace had been restored in majority areas of Fata. The remaining pockets, he added would also be peaceful soon. Talking to media in Jamrud, K
Published 07 Apr, 2011 12:00am
Tractors output drops by 50 percent

Tractors output drops by 50 percent

Production of tractors has dropped by 50 percent in the country after levy of 17 percent Revised General Sales Tax (RGST) with effect from 15th March 2011, industry sources told Business Recorder here on Wednesday. They said tractors of different m
Published 07 Apr, 2011 12:00am
Action against big tax evaders: Parliament can empower FBR

Action against big tax evaders: Parliament can empower FBR

Khawar Khurshid Butt, Member, Inland Revenue, Federal Board of Revenue (FBR), said on Wednesday that the Parliament has the authority to equip the Board with maximum enforcement powers to freely take action against the big tax evaders and dodgers, without
Published 07 Apr, 2011 12:00am
Panel asks Senate to adopt IDBP Bill

Panel asks Senate to adopt IDBP Bill

The Senate Standing Committee on Finance, Revenue, Economic Affairs, Statistics and Planning and Development on Wednesday unanimously recommended to the upper house to pass Industrial Development Bank of Pakistan (Reorganisation and Conversion) Bill, 2010
Published 07 Apr, 2011 12:00am
Power shortfall touches 3,000 megawatts level

Power shortfall touches 3,000 megawatts level

Power shortfall has touched to abnormal level of 3000MW during the last 24 hours with fears of further rise on increase in mercury ahead. Power plants including Orient, Saphire, Fauji Kabirwala, Rousch and Saif Power are denied gas supply by the SNGPL, ad
Published 07 Apr, 2011 12:00am
YDA continues strike

YDA continues strike

Young Doctors Association (YDA) of Federal Government Poly Clinic (FGPC) on Wednesday continued their strike at out-patients department (OPD) and Operation Theatre (OP). Young doctors are demanding a uniform salary scale across the board in Pakistan becau
Published 07 Apr, 2011 12:00am
Senate passes reconstitution of PIFD bill

Senate passes reconstitution of PIFD bill

The Senate on Wednesday passed Pakistan Institute of Fashion and Design Bill 2010, for reconstitution of the Pakistan Institute of Fashion and Design (PIFD), Lahore. The government's bill after clause by clause reading was placed before the House by Chair
Published 07 Apr, 2011 12:00am
Persons responsible for release of Raymond Davis: LHC dismisses plea

Persons responsible for release of Raymond Davis: LHC dismisses plea

The Lahore High Court here Wednesday dismissed for non-prosecution an application for determining the government functionaries who facilitated release of Raymond Davis. A member bar Rana Ilamuddin Ghazi submitted that trial judge acted in haste and left l
Published 07 Apr, 2011 12:00am
Two Nato tankers torched in Bolan

Two Nato tankers torched in Bolan

Unknown armed men attacked and torched two tankers carrying fuel for Nato forces in Afghanistan near Dhadar area in Bolan district some 125 km east of the provincial capital Quetta on Wednesday. "About six gunmen riding on bikes attacked Nato oil tankers
Published 07 Apr, 2011 12:00am
SBP accepts Rs 200 billion bids for MTBs auction

SBP accepts Rs 200 billion bids for MTBs auction

As per target, the government on Wednesday accepted Rs 200 billion worth of bids for the sale of Market Treasury Bills (MTBs). Heavy participation has witnessed in the auction with bids worth about Rs 278 billion. In response of the State Bank of Pakistan
Published 07 Apr, 2011 12:00am
SBP accepts Rs 200 billion bids for MTBs auction

SBP accepts Rs 200 billion bids for MTBs auction

As per target, the government on Wednesday accepted Rs 200 billion worth of bids for the sale of Market Treasury Bills (MTBs). Heavy participation has witnessed in the auction with bids worth about Rs 278 billion. In response of the State Bank of Pakistan
Published 07 Apr, 2011 12:00am
KBP to protest against levy of Sales tax on agriculture on April 8

KBP to protest against levy of Sales tax on agriculture on April 8

Kisan Board Pakistan (KBP) has called upon the growers' community to participate in demonstrations and rallies on April 8, 2011 to register their strong protest on levy of sales tax on agricultural implements and inputs. The Board had given a call to hold
Published 07 Apr, 2011 12:00am
Bill Gates telephones Zardari

Bill Gates telephones Zardari

Chairman Microsoft Corporation and Bill Gates Foundation Bill Gates on Wednesday telephoned President Asif Ali Zardari. Spokesperson to the President Farhatullah Babar said that Bill Gates talked about health related issues in Pakistan particularly the pr
Published 07 Apr, 2011 12:00am
PTI will stage sit-in to block Nato trucks: Imran

PTI will stage sit-in to block Nato trucks: Imran

Pakistan Tahreek-e-Insaf(PTI) Chairman Imran Khan has said that his party has decided to stage a sit-in at Peshawar to block the passage of Nato trucks in protest to the US drone attacks on Pakistan. He was addressing a reception here on Wednesday, which
Published 07 Apr, 2011 12:00am
PCPA, KBP, pesticide dealers' hold protest rally

PCPA, KBP, pesticide dealers' hold protest rally

A protesting rally jointly organised by Pakistan Crop Protection Association (PCPA), pesticide dealers and Kisan Board Pakistan (KBP) was held here on Tuesday to protest against the imposition of 17 percent tax on agriculture inputs like tractors, pestici
Published 07 Apr, 2011 12:00am
Illegal detention: citizen serves legal notice on Afghan government

Illegal detention: citizen serves legal notice on Afghan government

A citizen has served a legal notice on the Government of Afghanistan for keeping him in illegal detention for two years. Abdul Aziz of Lahore claimed six million dollars as compensation for not releasing him despite the fact, no charge against him was est
Published 07 Apr, 2011 12:00am
POL price hike: LHC seeks reply from Ogra, Government

POL price hike: LHC seeks reply from Ogra, Government

The Lahore High Court (LHC) here on Wednesday called for a reply from Ogra and the Federal Government within two weeks, in a petition challenging the recent raise in the petroleum prices. The petitioner Mateenul Haq Chaudhry advocate contended that instea
Published 07 Apr, 2011 12:00am
PML-Q resents plan to dissolve HEC

PML-Q resents plan to dissolve HEC

Pakistan Muslim League-Q senior leader Chaudhry Parvez Elahi has termed the dissolution of Higher Education Commission (HEC) as an irreparable national loss, which would close down doors of higher education on thousands of deserving Pakistanis; therefore,
Published 07 Apr, 2011 12:00am
Jamaat-e-Islami chief slams HEC's devolution plan

Jamaat-e-Islami chief slams HEC's devolution plan

Jamaat-e-Islami Chief, Syed Munawar Hasan has said the devolution of the Higher Education Commission (HEC) would be government's anti-education step. He condemned the government's move saying the HEC was in fact being punished for pointing to the fake deg
Published 07 Apr, 2011 12:00am
Call for using biotechnology to control harmful insects

Call for using biotechnology to control harmful insects

Speakers have called for using biotechnology and bioinformatics to control insects damaging various crops that would help meet the requirement of agricultural need of our country and boost economy. Addressing an international seminar titled 'Integrated Pe
Published 07 Apr, 2011 12:00am
New gas loadshedding schedule: textile units suspend operations

New gas loadshedding schedule: textile units suspend operations

Textile industry production units have started closing operations one after another due to suspension of gas supply under new load shedding schedule of 3.5 days a week by the SNGPL. Chairman All Pakistan Textile Mills Association (APTMA) Punjab Ahsan Bash
Published 07 Apr, 2011 12:00am
Portrait of Emperor Jahangir sold for 1.4 million pounds

Portrait of Emperor Jahangir sold for 1.4 million pounds

An unnamed Middle Eastern museum has bought the 17th century portrait of Mughal emperor Jahangir for 1.4 million pounds sterling at an auction by a leading British auctioneer Bonhams. Emperor Jahangir ruled over India from 1605 till 1627 and lay buried in
Published 07 Apr, 2011 12:00am
Pemra refutes allegations

Pemra refutes allegations

Acting Chairman Pakistan Electronic Media Regulatory Authority (PEMRA) Dr Abdul Jabbar Wednesday strongly refuted the allegations of a private satellite channel regarding blocking of its sports channel. In a statement issued here Dr Jabbar, he said: "G
Published 07 Apr, 2011 12:00am
Release of car documents: LHC seeks reply from NAB

Release of car documents: LHC seeks reply from NAB

A division bench of the Lahore High Court here Wednesday while seeking reply from National Accountability Bureau (NAB) within three weeks in a petition seeking court directions for release of documents of his car observed that NAB should remain within its
Published 07 Apr, 2011 12:00am
Tributes paid to Dr Zaidi on second death anniversary

Tributes paid to Dr Zaidi on second death anniversary

Speakers here on Wednesday paid rich tributes and remembered the legendary scholar, Late Dr Zawwar Hussain Zaidi who devoted his entire life for preserving historical documents related to Quaid-e-Azam and Pakistan movement.
Published 07 Apr, 2011 12:00am
Punjab Assembly members meet chief minister

Punjab Assembly members meet chief minister

Assembly Members belonging to various districts met Punjab Chief Minister Muhammad Shahbaz Sharif at Chief Minister's Secretariat here Wednesday and informed him about the ongoing development projects and problems of the people of their respective areas.
Published 07 Apr, 2011 12:00am
$250 million for HEC withheld: USAID contradicts reports

$250 million for HEC withheld: USAID contradicts reports

Amid uproar across the country over devolution of the Education Ministry to the provinces and apprehensions about the future of the Higher Education Commission (HEC), the United States Agency for International Development (USAID) Wednesday contradicted me
Published 07 Apr, 2011 12:00am
NUST Symposium: importance of supercomputing highlighted

NUST Symposium: importance of supercomputing highlighted

"In the wake of rapid advancements in conventional computing, supercomputing has gained tremendous importance world-wide. Many technologically developed countries across the world including China, USA, UK, France and even India are significantly investing
Published 07 Apr, 2011 12:00am
NICL scam: LHC directs FIA to produce record of Maalick

NICL scam: LHC directs FIA to produce record of Maalick

A division bench of the Lahore High Court here Wednesday directed Federal Investigation Agency (FIA) to produce record of Muhammad Maalick, one of the manager of a company owned by PML-Q leader Moonis Elahi and other accused persons of NICL scam. The benc
Published 07 Apr, 2011 12:00am
Another gas pipeline blown up

Another gas pipeline blown up

After the sabotage activity at 36-inch diametre main pipeline at Guddu Barrage on April 4, another 20-inch diametre Sui Southern Gas Pipelines Company Limited (SSGCL) pipeline carrying gas from Zamzama field to SNGPL system also ruptured on Tuesday night
Published 07 Apr, 2011 12:00am
Zardari phones Nawaz

Zardari phones Nawaz

President Asif Ali Zardari telephoned PML-N Chief Nawaz Sharif in London on Wednesday evening and inquired about his health. The president prayed for Nawaz Sharif's full and early recovery. Nawaz thanked the president for his concern.
Published 07 Apr, 2011 12:00am
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