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Print - 2011-04-09
Reference challenged: petitioner seeks action against former CJP Shah

Reference challenged: petitioner seeks action against former CJP Shah

A reference filed by President Asif Ali Zardari to revisit the case of Zulfikar Ali Bhutto was challenged Friday in the Supreme Court. Tariq Asad advocate, the petitioner, requested the apex court to initiate contempt of court proceedings against former C
Published 09 Apr, 2011 12:00am
Wall Street dips

Wall Street dips

Wall Street slipped on Thursday after a major aftershock in Japan reignited fears about its nuclear power crisis, but greater faith in the US economy's steady path held losses in check. A rise in retail stocks after better-than-expected March chain-store
Published 09 Apr, 2011 12:00am
Friday's early afternoon trade: volume seen weak

Friday's early afternoon trade: volume seen weak

Higher commodity prices drove a bid for materials and energy stocks in an otherwise lackluster session on Friday, ahead of the start of the corporate earnings season, seen as the next catalyst to drive stocks higher. Stocks have traded in a tight range, r
Published 09 Apr, 2011 12:00am
Hong Kong, China shares hit fresh 2011 highs

Hong Kong, China shares hit fresh 2011 highs

Hong Kong and mainland stocks rose again on Friday, reaching fresh 2011 highs, and institutional investors are expected to keep increasing their exposure next week based on attractive valuations and demand for materials. The benchmark Hang Seng Index reco
Published 09 Apr, 2011 12:00am
Most Southeast stocks post small gains; resource shares lead

Most Southeast stocks post small gains; resource shares lead

Most Southeast Asian stock markets eked out small gains in moderate volume on Friday, with high oil prices boosting appetite for resource shares and cautious investors chasing overbought equities. The region has started to see some profit taking following
Published 09 Apr, 2011 12:00am
Brazil hikes personal credit tax

Brazil hikes personal credit tax

Brazil will raise a tax on personal credit, its finance minister said on Thursday, in a bid to brake inflation that has edged dangerously close to a government ceiling. The government will double the so-called IOF tax on personal credit to 3 percent as of
Published 09 Apr, 2011 12:00am
Rates unchanged on grain market

Rates unchanged on grain market

Rates were unchanged on the wholesale grain and seed market on Friday as main participants were busy in preparations for Juma prayers, grain and seed merchants group's release said.
Published 09 Apr, 2011 12:00am
Wait-and-see mood persists on cotton market

Wait-and-see mood persists on cotton market

In the absence of fresh leads, wait-and-see mood was adopted by both buyers and sellers on the cotton market on Friday during the slow business, dealers said. Karachi Cotton Association (KCA) official spot rate was steady at Rs 12,500, they said.
Published 09 Apr, 2011 12:00am
HEC to be renamed as CSHE: Senate informed

HEC to be renamed as CSHE: Senate informed

The government finally came up with the concrete decision on Friday to devolve the Higher Education Commission (HEC), renaming it as Commission for Standard Higher Education (CSHE) by bringing it in the ambit of 18th Constitutional Amendment. Taking the u
Published 09 Apr, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 105,255 tonnes of cargo including 67,594 tonnes of import cargo, 37,661 tonnes of export cargo and 1,328 loaded & empty containers during last 24 hours ended at 0700 hours on Friday. The total import cargo of 67,594 tonnes compris
Published 09 Apr, 2011 12:00am
HEC to be renamed as CSHE: Senate informed

HEC to be renamed as CSHE: Senate informed

The government finally came up with the concrete decision on Friday to devolve the Higher Education Commission (HEC), renaming it as Commission for Standard Higher Education (CSHE) by bringing it in the ambit of 18th Constitutional Amendment. Taking the u
Published 09 Apr, 2011 12:00am
Vietnam raises rice export forecast by 25 percent

Vietnam raises rice export forecast by 25 percent

Vietnam revised up by a quarter its rice export forecast for this year to a record high of 7.1 million to 7.4 million tonnes, citing rising shipments in the first quarter, the Agriculture Ministry said on Friday. The upward revision, after Vietnam shipped
Published 09 Apr, 2011 12:00am
Seoul shares soar

Seoul shares soar

Seoul shares edged up on Friday lifted by a rally in shipyards, including Daewoo Shipbuilding & Marine Engineering, and as foreign buyers scooped up shares for an 18th straight session. The Korea Composite Stock Price Index (KOSPI) ended up 0.27 percent a
Published 09 Apr, 2011 12:00am
India to allow wheat, rice exports with duty

India to allow wheat, rice exports with duty

India should allow exports of wheat with a duty of 10 to 15 percent and could consider a similar mechanism for rice if 2011/12 output is around 100 million tonnes, a key member of the government's economic planning panel told Reuters on Friday.
Published 09 Apr, 2011 12:00am
Reference challenged: petitioner seeks action against former CJP Shah

Reference challenged: petitioner seeks action against former CJP Shah

A reference filed by President Asif Ali Zardari to revisit the case of Zulfikar Ali Bhutto was challenged Friday in the Supreme Court. Tariq Asad advocate, the petitioner, requested the apex court to initiate contempt of court proceedings against former C
Published 09 Apr, 2011 12:00am
China's extension of vegoil price may slow soyabean imports

China's extension of vegoil price may slow soyabean imports

China will extend price controls in place since December on retail cooking oil and may offer more soya and rapeseed oil from state stocks, a move which could slow soya imports by the world's top buyer, industry sources said on Friday. The price controls w
Published 09 Apr, 2011 12:00am
Commercial banks no longer financial intermediaries?

Commercial banks no longer financial intermediaries?

There is no free lunch - especially when it comes to finance government expenditure and revenue gap. On a good note, fiscal inflationary borrowing from central bank is and expected to remain below the ceiling of September end level of Rs 1290 billion, the
Published 09 Apr, 2011 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures fell on Thursday for the fourth time in five days, hit by concerns over another earthquake in key importer Japan and profit-taking before a US crop report, traders said. Canola was volatile in total volume of 14,600 contracts,
Published 09 Apr, 2011 12:00am
Commercial banks no longer financial intermediaries?

Commercial banks no longer financial intermediaries?

There is no free lunch - especially when it comes to finance government expenditure and revenue gap. On a good note, fiscal inflationary borrowing from central bank is and expected to remain below the ceiling of September end level of Rs 1290 billion, the
Published 09 Apr, 2011 12:00am
Dry weather speeds Argentine soya harvesting

Dry weather speeds Argentine soya harvesting

The harvesting of Argentina's 2010/11 soya crop advanced quickly over the last week thanks to the lack of heavy rains, the Buenos Aires Grains Exchange said in a weekly report issued on Thursday. Dry conditions facilitated a faster harvest in the South Am
Published 09 Apr, 2011 12:00am
Commercial banks no longer financial intermediaries?

Commercial banks no longer financial intermediaries?

There is no free lunch - especially when it comes to finance government expenditure and revenue gap. On a good note, fiscal inflationary borrowing from central bank is and expected to remain below the ceiling of September end level of Rs 1290 billion, the
Published 09 Apr, 2011 12:00am
Writing on the wall?

Writing on the wall?

The so-called experts are fond of repeating pet theories and technical jargon to befuddle a credulous populace, hiding behind such gobbledygook to cover their own incompetence and failure to control the rising spiral of prices and galloping inflation.
Published 09 Apr, 2011 12:00am
Commercial banks no longer financial intermediaries?

Commercial banks no longer financial intermediaries?

There is no free lunch - especially when it comes to finance government expenditure and revenue gap. On a good note, fiscal inflationary borrowing from central bank is and expected to remain below the ceiling of September end level of Rs 1290 billion, the
Published 09 Apr, 2011 12:00am
KARACHI CHRONICLE: It was a great festival

KARACHI CHRONICLE: It was a great festival

The World Cup semi-final played between Pakistan and India in India, in Mohali on Wednesday March 30 was a phenomenal national festival which the defeat by a paltry 29 runs could not dampen. People still set off fire crackers and smiled proudly through th
Published 09 Apr, 2011 12:00am
Early trade in New York: Euro climbs to 15-month high

Early trade in New York: Euro climbs to 15-month high

The euro rose to a 15-month high against the dollar on Friday, supported by expectations of more eurozone interest rate increases, while the prospect of a US government shutdown pushed the dollar broadly lower. The euro was also helped by reported Middle
Published 09 Apr, 2011 12:00am
US wholesale inventories up, sales fall

US wholesale inventories up, sales fall

US wholesale inventories rose in February, but sales unexpectedly fell to post their largest decline in nearly two years, a government report showed on Friday. Total wholesale inventories increased 1.0 percent to $437.99 billion, the highest level since D
Published 09 Apr, 2011 12:00am
UK's factory gate inflation highest since October 2008

UK's factory gate inflation highest since October 2008

British factory gate inflation rose to a near two-and-a-half year high in March on soaring food and energy costs, data showed, adding a fresh twist to the policy dilemma facing the country's rate-setters. Sterling strengthened and government bond prices f
Published 09 Apr, 2011 12:00am
SEC to ease fundraising rules for companies

SEC to ease fundraising rules for companies

A US market watchdog plans to make it easier for private companies to issue shares, a move that could help start-ups get cash and recenter the stock market at the heart of business funding. In a recent letter to US lawmakers, the Securities and Exchange C
Published 09 Apr, 2011 12:00am
UK officials get bank reform report

UK officials get bank reform report

A British commission's report on how to make UK banks safer and more competitive has been given to senior government officials ahead of its official release on Monday, which analysts expect will propose "ring-fencing" retail banks from investment banks. T
Published 09 Apr, 2011 12:00am
Surprise import surge cuts German trade surplus

Surprise import surge cuts German trade surplus

A surprise surge in imports outpaced rising German exports in February, data showed, cutting into the trade surplus in a sign of robust demand in Europe's largest economy. Germany's trade surplus narrowed to 11.4 billion euros, its lowest level since Janu
Published 09 Apr, 2011 12:00am
China to let yuan be traded against more currencies

China to let yuan be traded against more currencies

China will allow the yuan to be traded against a wider variety of currencies in the onshore foreign exchange market, the central bank said in a report on Friday. The People's Bank of China (PBOC) did not name any of the new currency pairs that will be lau
Published 09 Apr, 2011 12:00am
Euro rates rise

Euro rates rise

Euro money market rates rose on Friday after the European Central Bank raised interest rates and signalled there was more tightening to come, suggesting markets may price in more than two further hikes by year-end. Markets are close to factoring in a furt
Published 09 Apr, 2011 12:00am
Singapore dollar, won lead gains

Singapore dollar, won lead gains

The Singapore dollar hit a record high and the South Korean won rose to a 2-1/2-year high on Friday, leading gains in emerging Asia, as foreign exchange authorities pulled back their defence lines on domestic currency strength in the face of rising capita
Published 09 Apr, 2011 12:00am
Australian and New Zealand dollars up

Australian and New Zealand dollars up

The Australian and New Zealand dollars rose anew on the yen helped by Japanese retail buying, while the US dollar was weighed by the looming risk of a US government shutdown. The Australian dollar lunged to a fresh 29-year peak at $1.0535, and could even
Published 09 Apr, 2011 12:00am
Swiss franc falls

Swiss franc falls

The Swiss franc fell against the euro but pushed higher against the dollar on Friday as traders mulled the eurozone interest rate rise, a budget row that could hamstring the US government and another quake in Japan. Amid the flurry of international develo
Published 09 Apr, 2011 12:00am
Euro slips; yen broadly higher in New York

Euro slips; yen broadly higher in New York

The euro fell from a 14-month high against the dollar on Thursday after the head of the European Central Bank dampened market expectations for aggressive interest rate hikes, though any pullback was expected to be limited. The euro also dropped against th
Published 09 Apr, 2011 12:00am
Vodafone's Essar India deal hits new snag

Vodafone's Essar India deal hits new snag

The strained relationship between Vodafone and Indian partner Essar appeared set for new lows on Friday after Indian media said Essar wanted more money to quit their joint venture. Vodafone announced a deal last month to pay a predetermined price of $5 bi
Published 09 Apr, 2011 12:00am
Euro rises to 15-month high

Euro rises to 15-month high

The euro rose to a 15-month high against the dollar on Friday, supported by expectations of more eurozone interest rate hikes, while the prospect of a US government shutdown pushed the dollar lower across the board. The euro rose to $1.4422 on the EBS tra
Published 09 Apr, 2011 12:00am
Yen resumes slide in Asia

Yen resumes slide in Asia

The yen hit an 11-month low against the euro and neared a six-month trough versus the dollar on Friday and was seen poised for more weakness due to widening yield differentials and concerns Japan's exports may drop after last month's earthquake. The euro
Published 09 Apr, 2011 12:00am
Sterling rises versus dollar

Sterling rises versus dollar

Sterling hit a 15-month high against a weak dollar on Friday, but fell versus the euro as investors braced for a quicker pace of tightening by the European Central Bank than by the Bank of England. Sterling hit a high of $1.6430 after data showed producer
Published 09 Apr, 2011 12:00am
Dollar/yuan NDFs dive

Dollar/yuan NDFs dive

Offshore dollar/yuan forwards fell across the curve on Friday, with the one-month tenor hitting a record low, as a string of record high mid-points and a vow by the central bank to further open its bond market boosted expectations of yuan appreciation.
Published 09 Apr, 2011 12:00am
Miners help FTSE rack up third week of gains

Miners help FTSE rack up third week of gains

Britain's top share index notched up a third week of gains and the highest close since mid-February after rising metals prices and deal-making boosted miners, with technicals pointing to further near-term upside. The FTSE 100 ended up 0.8 percent at 6,055
Published 09 Apr, 2011 12:00am
European shares set five-week high

European shares set five-week high

European shares set a five-week closing high on Friday, led by miners tracking stronger metal prices and investors positioning themselves for an expected positive start to the US corporate results season next week. The pan-European FTSEurofirst 300 index
Published 09 Apr, 2011 12:00am
Nikkei jumps 1.9 percent

Nikkei jumps 1.9 percent

Japan's Nikkei stock average jumped 1.9 percent to close at its highest level since the March 11 earthquake, with short-covering encouraged by an outperform rating for beleaguered Tokyo Electric and a government plan to avoid rolling power blackouts. Comm
Published 09 Apr, 2011 12:00am
Indian shares stay lower

Indian shares stay lower

Indian shares rose for the third week in a row but fell for the fourth consecutive session, declining 0.7 percent on Friday, and traders expect the market to be subdued next week after the recent sharp rally. Auto stocks declined as traders booked profits
Published 09 Apr, 2011 12:00am
Australia-Singapore bourse merger rejected

Australia-Singapore bourse merger rejected

Australian Treasurer Wayne Swan officially rejected a proposed merger of the Australian and Singapore stock exchanges Friday, branding it a take-over by the city-state that offered no benefits. "Let's be clear here: this is not a merger. It's a takeover t
Published 09 Apr, 2011 12:00am
Treasuries move up

Treasuries move up

Intermediate-dated US Treasuries rose in price on Thursday after European Central Bank President Jean-Claude Trichet said the ECB's decision to raise benchmark interest rates would not necessarily be the first in a series. Longer-dated government debt eas
Published 09 Apr, 2011 12:00am
Treasuries move up

Treasuries move up

Intermediate-dated US Treasuries rose in price on Thursday after European Central Bank President Jean-Claude Trichet said the ECB's decision to raise benchmark interest rates would not necessarily be the first in a series. Longer-dated government debt eas
Published 09 Apr, 2011 12:00am
'Culture of impunity' in Pakistan: US report

'Culture of impunity' in Pakistan: US report

A US report said Friday that Pakistan had a "culture of impunity" on human rights abuses and stated that security forces were operating outside the control of the civilian government. An annual State Department survey on human rights reported widespread c
Published 09 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 08, 2011).

Published 09 Apr, 2011 12:00am
'Culture of impunity' in Pakistan: US report

'Culture of impunity' in Pakistan: US report

A US report said Friday that Pakistan had a "culture of impunity" on human rights abuses and stated that security forces were operating outside the control of the civilian government. An annual State Department survey on human rights reported widespread c
Published 09 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 08, 2011).

Published 09 Apr, 2011 12:00am
CNG association threatens to go on strike

CNG association threatens to go on strike

All Pakistan CNG Association on Friday threatened to go on an indefinite strike from Wednesday throughout Punjab to protest against the ongoing weekly gas load shedding in the province and unjust distribution of gas as well as the forcible demolition of p
Published 09 Apr, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (April 08, 2011).

Published 09 Apr, 2011 12:00am
CNG association threatens to go on strike

CNG association threatens to go on strike

All Pakistan CNG Association on Friday threatened to go on an indefinite strike from Wednesday throughout Punjab to protest against the ongoing weekly gas load shedding in the province and unjust distribution of gas as well as the forcible demolition of p
Published 09 Apr, 2011 12:00am
CNG association threatens to go on strike

CNG association threatens to go on strike

All Pakistan CNG Association on Friday threatened to go on an indefinite strike from Wednesday throughout Punjab to protest against the ongoing weekly gas load shedding in the province and unjust distribution of gas as well as the forcible demolition of p
Published 09 Apr, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (April 08, 2011).

Published 09 Apr, 2011 12:00am
PPP manifesto will be revisited: Zardari chairs meeting

PPP manifesto will be revisited: Zardari chairs meeting

Co-Chairman Pakistan People's Party President Asif Ali Zardari has said that manifesto of a dynamic political party like the PPP should be a living and vibrant document that responds to the aspirations of the largest number of people on one hand, and brea
Published 09 Apr, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (April 08, 2011) and for Saturday (April 09, 2011).
Published 09 Apr, 2011 12:00am
Zardari orders constitution of 8th Wage Board

Zardari orders constitution of 8th Wage Board

Pakistan Federal Union of Journalists (PFUJ) has expressed its gratitude to President Asif Ali Zardari for constituting the 8th Wage Board award. The president ordered the constitution of 8th Wage Board award following a meeting with PFUJ delegation which
Published 09 Apr, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 05, 2011.

Published 09 Apr, 2011 12:00am
Naek for promoting gardening culture

Naek for promoting gardening culture

Chairman Senate Farooq H Naek has underlined the need of promoting gardening culture, adding that flowers not only make the surroundings beautiful, but also bring healthy changes in the life.
Published 09 Apr, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 05, 2011.

Published 09 Apr, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on April 05, 2011.

Published 09 Apr, 2011 12:00am
Qubee introduces 'Prepay Broadband' Service

Qubee introduces 'Prepay Broadband' Service

"Youngsters and students will benefit the most from the facility of hi-speed internet at very reasonable costs which will suitably fit in their budgets as Qubee has introduced 'True Prepay Broadband' first-time ever in Pakistan", this was stated by the ch
Published 09 Apr, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 09 Apr, 2011 12:00am
CDA organises '29th Spring & Vegetable Show'

CDA organises '29th Spring & Vegetable Show'

Green character and beautiful landscape are the hallmarks of Islamabad, which makes it unique amongst the modern capital cities of the world. Flowers not only add beauty to this green city, but also depict the esthetics of the residents.
Published 09 Apr, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 09 Apr, 2011 12:00am
Devolving HEC: PML-Q rejects proposed move

Devolving HEC: PML-Q rejects proposed move

Pakistan Muslim League-Q on Friday rejected proposed move of devolving the Higher Education Commission (HEC) to the provinces under the 18th Amendment by terming it as a politically motivated campaign. "This is a politically motivated campaign against the
Published 09 Apr, 2011 12:00am
IPO laws to be implemented: Afridi

IPO laws to be implemented: Afridi

Chairman Intellectual Property Organisation (IPO) Pakistan Hameedullah Jan Afridi has said that the IPO laws would be implemented to protect the researchers, inventors and writers for ensuring fair trade and business practices. "The prime goal of IPO Paki
Published 09 Apr, 2011 12:00am
'Joint Business Council' being set up

'Joint Business Council' being set up

In order to establish "Joint Business Council" on bilateral basis for promotion of trade and industry with the objective to improve trade relationship with partner countries, business councils would be registered with the Directorate General of Trade Orga
Published 09 Apr, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 08, 2011).

Published 09 Apr, 2011 12:00am
CID arrests two suspected TTP militants

CID arrests two suspected TTP militants

The Crime Investigation Department (CID) of police on Friday claimed to have arrested two militants of banned Tehreek Taliban Pakistan (TTP) and recovered weapons from their possessions. SSP CID Fayyaz Khan said a police party on a tip-off conducted a rai
Published 09 Apr, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 08, 2011).

Published 09 Apr, 2011 12:00am
'Corporate Finance, Economic Challenges' moot begins

'Corporate Finance, Economic Challenges' moot begins

Institute of Cost and Management Accountants of Pakistan (ICMAP) is organising an international conference on "Corporate Finance and Economic Challenges" from Friday. The conference would deliberate on the repercussions of recent global financial crisis o
Published 09 Apr, 2011 12:00am
The Weather

The Weather

The weather report on Friday (April 08, 2011) and the forecast for Saturday (April 09, 2011).

Published 09 Apr, 2011 12:00am
New 2011 Corolla model unveiled

New 2011 Corolla model unveiled

Indus Motor Company (IMC) will be unveiling the new 2011 Corolla model in coming week of April. The new model (XLI/GLI) is more stylish and gives a very elegant/sleek look with its redesigned fascia including new vibrant and sharp headlamps, aggressively
Published 09 Apr, 2011 12:00am
Nation to celebrate 'Sab Keh Do' day

Nation to celebrate 'Sab Keh Do' day

"Sab Keh Do" day to promote the importance of communication will be celebrated for the third consecutive year on April 17, 2011. This year's theme is to motivate those who have worked hard against all odds and difficulties, by expressing encouraging thoug
Published 09 Apr, 2011 12:00am
HEC devolution: 'monumental disaster', says Dr Atta

HEC devolution: 'monumental disaster', says Dr Atta

Professor Atta-ur-Rahman, President of Pakistan Academy of Sciences on Friday termed the move to devolve the Higher Education Commission (HEC) as 'monumental disaster' of a horrendous nature which would lead to undermine the existence of the country. Addr
Published 09 Apr, 2011 12:00am
Five including cop killed in various incidents

Five including cop killed in various incidents

At least five people including a police officer were killed in separate incidents in different areas of the city here on Friday. According to details, a police officer was gunned down, while another injured at Mawach Goth within the limits of Maripur poli
Published 09 Apr, 2011 12:00am
Capital police nab 14 suspected outlaws

Capital police nab 14 suspected outlaws

Islamabad Police on Friday arrested 14 persons including two women from different areas of the city and recovered 2,210 kg charas, 143 bottles of liquor, fake currency of rupees 6,000, 150 gram heroin, four pistols and looted items from their possession,
Published 09 Apr, 2011 12:00am
Thailand's Charoen Pokphand team visits PBIT

Thailand's Charoen Pokphand team visits PBIT

A five member delegation of Thailand's Charoen Pokphand (CP) Group led by its president Adirek Sripartak visited the office of Punjab Board of Investment and Trade (PBIT) and held talks with the PBIT management to explore areas of mutual interest for enha
Published 09 Apr, 2011 12:00am
UHS research board approves thesis reports

UHS research board approves thesis reports

The 53rd meeting of Advanced Studies and Research Board of University of Health Sciences (UHS), which held here on Friday with Acting Vice Chancellor Professor Muhammad Tahir in the chair, accorded approval of the thesis reports of students of M.Phil haem
Published 09 Apr, 2011 12:00am
MQM team meets PTI leaders

MQM team meets PTI leaders

A delegation of MQM comprising Raza Haroon, Babar Ghauri and Iftikhar Randhawa met with the local leadership of Pakistan Tehreek-e-Insaf (PTI) here on Friday and invited them to MQM's public meeting being held in Lahore on April 10. Leaders of MQM discuss
Published 09 Apr, 2011 12:00am
LHC orders Punjab government to probe doctors' strike, losses

LHC orders Punjab government to probe doctors' strike, losses

The Lahore High Court Chief Justice (CJ) Ijaz Ahmed Chaudhry here on Friday directed Chief Secretary Punjab to submit report in the court within 15 days to fix responsibility of deaths of several patients during doctors strike.
Published 09 Apr, 2011 12:00am
LCCI organises 'Shopping Festival Motorbike Rally'

LCCI organises 'Shopping Festival Motorbike Rally'

Lahore Chamber of Commerce and Industry (LCCI) on Friday organised "Shopping Festival Motor Bike Rally". The rally, comprising some 45 classic and latest bikes, commenced from Lahore Chamber and culminated at Lahore Expo Centre. Provincial Minister for Ed
Published 09 Apr, 2011 12:00am
Seven killed in road accident

Seven killed in road accident

Seven men lost their lives in a road accident on Thursday night at Sialkot-Pasrur road, while more than 30 others received injuries, as a private bus overturned after its tie rod broke near Pragpur area. According to police, five men were killed on the sp
Published 09 Apr, 2011 12:00am
Protest rallies on Mall Road: LHC seeks reply from Punjab government

Protest rallies on Mall Road: LHC seeks reply from Punjab government

The Lahore High Court (LHC) here on Friday sought replies from Punjab government and District Co-ordination Officer Lahore within fortnight in a petition challenging holding of protest rallies and processions at the Mall Road. The Mall Road Traders Associ
Published 09 Apr, 2011 12:00am
Cotton sowing area in Balochistan to be increased: minister

Cotton sowing area in Balochistan to be increased: minister

The government has decided to increase the area under cotton cultivation in Balochistan from 95,000 acres to 150,000 acres to grossly add to the production of Pakistan's main cash crop. Minster for Food, Agriculture and Livestock (Minfal) Israrullah Zehri
Published 09 Apr, 2011 12:00am
IHC directs judge to stop proceedings against Maulana Aziz

IHC directs judge to stop proceedings against Maulana Aziz

Islamabad High Court (IHC) has directed the trial court of Islamabad to stay proceedings against Prayer leader of Lal Masjid Maulana Abdul Aziz till further order. Single member bench of IHC comprising Justice Muhammad Anwar Khan Kasi resumed hearing of t
Published 09 Apr, 2011 12:00am
Experts for enhancing tax collection

Experts for enhancing tax collection

The experts at a book launching ceremony here on Friday called for promoting good governance, improving tax collection, enhancing spending on social sector and infrastructure development, besides creating more job opportunities for poverty reduction and d
Published 09 Apr, 2011 12:00am
Shrines' closure by 9pm ordered

Shrines' closure by 9pm ordered

The Govern-ment of Punjab, Auqaf Department has decided to close all the shrines after 9 PM except Darbar Hazrat Data Ganj Bakhsh and Bibi Pak Daman, an official said on Friday. According to a private TV channel, the decision to close the shrines for pilg
Published 09 Apr, 2011 12:00am
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