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Print - 2011-04-15
US MIDDAY: gold and silver surge

US MIDDAY: gold and silver surge

Gold rose over 1 percent and silver surged on Thursday, as a combination of dollar weakness, inflation worries and renewed Greek sovereign debt worries lifted bullion to $5 below its record high. Gold got a boost from inflation worry triggered by data sho
Published 15 Apr, 2011 12:00am
Two gunned down in Khuzdar

Two gunned down in Khuzdar

Gunmen on Thursday killed two people in the Surab Tehsil of Kuzdar, Levis Force said. According to the Levis officials, armed men riding on a motorbike opened fire at two people at Baincha area, killing them on the spot. The victims were rushed to the nea
Published 15 Apr, 2011 12:00am
Prime Minister approves formation of Pak-France JBC

Prime Minister approves formation of Pak-France JBC

Prime Minister Syed Yousuf Raza Gilani has approved the formation of Pak-France Joint Business Council between FPCCI and MEDEF to enhance bilateral trade and investment between the two countries. This was stated by the Federal Advisor on Textile Dr Mirza
Published 15 Apr, 2011 12:00am
Turkish Consul General visits HCCI

Turkish Consul General visits HCCI

Consul General of Turkey Fethi Etum visited Hyderabad Chamber of Commerce and Industry here, on Wednesday. Addressing the members of the Chamber, he said that Turkey and Pakistan enjoyed unique friendly relations. He expressed that Turkey would further im
Published 15 Apr, 2011 12:00am
SU finalises arrangements for APC

SU finalises arrangements for APC

Sindh University on Thursday finalised arrangements for holding All Parties Conference (APC) scheduled for April 17. The meeting was presided over by Vice Chancellor Professor Dr Nazir A. Mughal, which was attended by members of organising committee, Pro
Published 15 Apr, 2011 12:00am
Pakistan frees 89 Indian fishermen

Pakistan frees 89 Indian fishermen

Pakistan on Thursday freed 89 Indian fishermen imprisoned for fishing and violating its territorial waters as the nuclear-armed rivals resume a fledgling peace process. The release comes two weeks after Indian Prime Minister Manmohan Singh and his Pakista
Published 15 Apr, 2011 12:00am
PTA chairman condemns gas closure, power loadshedding

PTA chairman condemns gas closure, power loadshedding

Chairman, Pakistan Tanners' Association (PTA), Khurshid Alam has once again strongly condemned in a press statement issued on Thursday to the gas closure and electricity load shedding in country specially in the leather industry of Pakistan, which is alre
Published 15 Apr, 2011 12:00am
ISE launches new website

ISE launches new website

The Islamabad Stock Exchange (ISE) has launched a new website of the exchange. The new website contains interactive content management tools to facilitate the browsers having latest browsing compatibilities. According to a press release of the ISE issued
Published 15 Apr, 2011 12:00am
OGB, PCE to hold two-day International Conference

OGB, PCE to hold two-day International Conference

Oxfam GB (OGB) in collaboration with Pakistan Coalition for Education (PCE) will hold two-day International Conference on "Empowerment through Girls' Education in contemporary Muslim Societies" aimed at providing a strategic consultative platform to delib
Published 15 Apr, 2011 12:00am
MPs for in-camera session on education

MPs for in-camera session on education

The parliamentarians representing various political parties on Thursday suggested the government to hold an in-camera session on education and urged a balance between claimed and factual literacy rate, besides raising the education budget to 5 percent of
Published 15 Apr, 2011 12:00am
Meeting of Regional Consultative Group of ICC on 20th in Amman

Meeting of Regional Consultative Group of ICC on 20th in Amman

The meeting of Regional Consultative Group of International Chamber of Commerce for the Middle East North African region will be convened in Amman, Jordan on April 20, 2011 under the theme "identifying regional synergies for global trade and investment".
Published 15 Apr, 2011 12:00am
ZAB case: handle with care

ZAB case: handle with care

After the dramatic resignation of Babar Awan as law minister to plead reference of Shaheed Zulfikar Ali Bhutto (ZAB) before the Supreme Court has raised many serious questions. The PPP government should have taken this case seriously and there was no need
Published 15 Apr, 2011 12:00am
'Bagelwurst': Finding a name for new German-US stock market

'Bagelwurst': Finding a name for new German-US stock market

Deutsche Boerse and the New York Stock Exchange - the largest stock markets in the world - have finally settled on divvying up the relationship, settling their finances and even coming to terms on who the top honcho should be. Only one problem remains: th
Published 15 Apr, 2011 12:00am
Malaysia struggles to stem brain drain

Malaysia struggles to stem brain drain

Despite leaving behind the comforts of family, friends and his favourite Malaysian cuisine, Edward Leong believes his decision to uproot his family to New Zealand 12 years ago was one of the best he has ever made. "If initially, we had doubts, once we act
Published 15 Apr, 2011 12:00am
How to bridge huge tax gaps?

How to bridge huge tax gaps?

A country's tax gap is measured by the amount of tax that remains uncollected due to non-compliance with tax laws. 'Pakistan Tax Gaps: Estimates by Tax Calculation and Methodology', a joint study of Federal Board of Revenue (FBR), Andrew Young School of P
Published 15 Apr, 2011 12:00am
Munter's mantra

Munter's mantra

The US Ambassador, Cameron Munter, has called for "renewal" of relationship his country has with Pakistan, which of late has run into rough waters. "America and Pakistan need to work together on common issues, and we have many. I want to say ...it remains
Published 15 Apr, 2011 12:00am
IMF's letter of discomfort!

IMF's letter of discomfort!

The latest statement issued by the International Monetary Fund (IMF) can easily be construed as a "Letter of Discomfort (LOD)" in marked contrast to the Letter of Comfort (LOC) that was actively being sought by the country's economic team led by Dr Hafeez
Published 15 Apr, 2011 12:00am
HIV positive children: specialised paediatric centre set up

HIV positive children: specialised paediatric centre set up

An independent specialised paediatric center has been established here at Services Hospital for the treatment of HIV positive children under national AIDS Control Programme. It is the first treatment center for the HIV positive children in the country, a
Published 15 Apr, 2011 12:00am
Fertiliser units in South Punjab remain closed

Fertiliser units in South Punjab remain closed

Pak-Arab and other fertiliser units in Southern Punjab remained closed as Sui Northern Gas Pipeline Limited (SNGPL) has suspended gas supply to fertiliser plants declaring 'Force Majeure' due to fault in compressors recently installed at Qadirpur field.
Published 15 Apr, 2011 12:00am
Power crisis worsens with rise in mercury

Power crisis worsens with rise in mercury

Power crisis has aggravated with rise in mercury, pushing the shortfall upward and crossing the threshold of 3000MW during last 24 hours. It may be noted that the power shortfall decreased during last week owing to mild weather, but it has risen again to
Published 15 Apr, 2011 12:00am
Dr Asim files nomination papers for Senate seat

Dr Asim files nomination papers for Senate seat

Pakistan Peoples' Party (PPP) has nominated Dr Asim Hussain for a vacant Senate seat here on Thursday. The nomination papers were filed at the office of provincial Election Commissioner.
Published 15 Apr, 2011 12:00am
PPP Punjab urges Supreme Court to remove stain on its face

PPP Punjab urges Supreme Court to remove stain on its face

Pakistan People's Party (PPP) Punjab has urged the Supreme Court to remove stains on its face by deciding presidential reference seeking apex court's opinion on reopening of late Zulfikar Ali Bhutto's murder case. A meeting of the provincial general body
Published 15 Apr, 2011 12:00am
Multan traders reject energy conservation plan

Multan traders reject energy conservation plan

Chamber of small traders and traders alliance Thursday rejected energy conservation measures announced by the ministry of water and power for upcoming six months, describing them infeasible and illogical and said that these would not help lessen the impac
Published 15 Apr, 2011 12:00am
LHC seeks reply from President NBP

LHC seeks reply from President NBP

The Lahore High Court (LHC) here Thursday sought reply within a week from President National Bank of Pakistan in a petition against non-provision of enhanced benevolent fund to retired bank employees. Shaukat Ali, a former Vice President NBP through his c
Published 15 Apr, 2011 12:00am
Anti-people policies: rulers fast losing public support: JI

Anti-people policies: rulers fast losing public support: JI

Jamaat-e-Islami (JI) Secretary General, Liaquat Baloch has said that the parties which came to power after backing out from their decision to boycott February 2008 elections have failed to deliver and are fast losing public support. Addressing the monthly
Published 15 Apr, 2011 12:00am
Shahi Syed meets Qaim, Malik

Shahi Syed meets Qaim, Malik

President, Awami National Party (ANP), Sindh Shahi Syed on Thursday called on Chief Minister Sindh Syed Qaim Ali Shah and Interior Minister Rehman Malik at Chief Minister House and presented certain problems and issues. Shahi Syed said that his party want
Published 15 Apr, 2011 12:00am
UK HC issues warning to illegal immigrants

UK HC issues warning to illegal immigrants

The British High Commission on Thursday issued a warning to illegal immigrants, saying there is no future for them in UK and the Commission had begun removing illegal workers from the UK. A statement issued by the British High Commission said that the UK
Published 15 Apr, 2011 12:00am
Zardari, Erdogan renew pledge to build strategic partnership

Zardari, Erdogan renew pledge to build strategic partnership

President Asif Ali Zardari and Turkish Prime Minister, Recep Tayyip Erdogan Thursday made a renewed pledge to build a strategic partnership focusing on achieving economic prosperity and strengthening political ties. President Asif Ali Zardari held the mee
Published 15 Apr, 2011 12:00am
Directives to resolve journalists' issues

Directives to resolve journalists' issues

Sindh Minister for Information, Sharjeel Inam Memon, has asked the Provincial Information Department to undertake all possible steps to help resolve basic issues being confronted by the journalist community. In a statement here on Thursday, he said that m
Published 15 Apr, 2011 12:00am
'Training of police personnel on modern line imperative'

'Training of police personnel on modern line imperative'

Training of police personnel on modern line and equipping them with modern techniques and latest equipment is imperative to cope with the challenges of terrorism and crime, besides giving the masses a concept of soft and friendly policing, said Wajid Ali
Published 15 Apr, 2011 12:00am
56 million labourers unregistered: EoBI chief

56 million labourers unregistered: EoBI chief

Chairman Employees Old-Age Benefit Institution (EoBI), Zafar Iqbal Gondal has said that out of the total documented 59 million labour force, only three million are registered with the institute. Addressing a seminar on 'Benefits of Registration with EoBI'
Published 15 Apr, 2011 12:00am
Business community concerned over rise in crimes

Business community concerned over rise in crimes

The business community while expressing deep concern over fast increasing incidents of dacoities, has demanded of the Chief Minister Punjab Mian Muhammad Shahbaz Sharif and Inspector General of Police to take immediate measures to improve law and order si
Published 15 Apr, 2011 12:00am
Closure of CNG, petrol stations: LHC returns petition with objection

Closure of CNG, petrol stations: LHC returns petition with objection

The Lahore High Court (LHC) returned a petition back to petitioner Ishtiaq Ahmad with objection challenging closure of petrol pumps and CNG stations. Petitioner stated that due to closure of these filling stations the people are facing great problems. He
Published 15 Apr, 2011 12:00am
Hajj corruption scam: Court rejects Kazmi's bail plea

Hajj corruption scam: Court rejects Kazmi's bail plea

The Court on Thursday has again rejected the bail plea of former Religious Affairs Minister Hamid Saeed Kazmi and adjourned hearing of multi-million Hajj corruption scam. The application was moved by counsel of Hamid Saeed Kazmi before Special Judge Centr
Published 15 Apr, 2011 12:00am
ZONG launches 'TOP SHOP' for customers' convenience

ZONG launches 'TOP SHOP' for customers' convenience

ZONG, the fastest growing network of country has come up with a new concept in customer service excellence, through the launch of a series of retail shops across the country that offer customers an enhanced level of convenience. The exclusive ZONG branded
Published 15 Apr, 2011 12:00am
Agreement signed between AbacusConsulting, Exelsys

Agreement signed between AbacusConsulting, Exelsys

AbacusConsulting, regions leading consulting, technology and outsourcing firm signed a strategic alliance agreement with Exelsys, UK, a leading global provider of specialised new Cloud computing platform. The contract was signed by Ali Shaukat, Director,
Published 15 Apr, 2011 12:00am
Four new gas fields to be operational by July in Sindh: Motiwala

Four new gas fields to be operational by July in Sindh: Motiwala

Advisor to Sindh Chief Minister on Investment, Zubair Motiwala, has said that four new gas fields would be operational by July this year in Sindh and gas supply would increase by 625 MMCF. Speaking at a ceremony of Citizens Social Forum (CSF) organised in
Published 15 Apr, 2011 12:00am
Funeral prayers offered for five slain MQM activists

Funeral prayers offered for five slain MQM activists

The funeral prayers of five slain activists of MQM, who were gunned down on last Wednesday, were offered amid air tight security at Orangi town here on Thursday. The deceased namely Habib, Waqas, Zaheer, Raza Idress and Sarfaraz were targeted by unknown-a
Published 15 Apr, 2011 12:00am
Defending infrastructure: Habib Metropolitan Bank chooses Rewterz

Defending infrastructure: Habib Metropolitan Bank chooses Rewterz

Rewterz, a leading information security consultancy providing a broad range of vulnerability assessment, penetration testing and security consulting services; has been nominated by the Habib Metropolitan Bank to undertake a comprehensive penetration testi
Published 15 Apr, 2011 12:00am
Dividend declaration on Habib Funds

Dividend declaration on Habib Funds

The Board of Directors of Habib Asset Management Limited, the management company of First Habib Income Fund and First Habib Cash Fund, has declared Interim Dividend for the year ending June 30, 2011 for the Unit holders of First Habib Income Fund and Firs
Published 15 Apr, 2011 12:00am
Dividend declaration on Habib Funds

Dividend declaration on Habib Funds

The Board of Directors of Habib Asset Management Limited, the management company of First Habib Income Fund and First Habib Cash Fund, has declared Interim Dividend for the year ending June 30, 2011 for the Unit holders of First Habib Income Fund and Firs
Published 15 Apr, 2011 12:00am
'Alternative sources must to overcome energy crisis'

'Alternative sources must to overcome energy crisis'

The Chief Executive Officer of Alternative Energy Board Arif Alla-ud-Din on Thursday said that the energy deficit could not be reduced without exploring the alternative sources of energy. The percentage of alternate energy in power must be increased.
Published 15 Apr, 2011 12:00am
Workshop on 'EU and current situation in Middle East' held

Workshop on 'EU and current situation in Middle East' held

Speakers at an international workshop termed the military support and domestic motivation as the key ingredients for successful uprisings. They were speaking at an international workshop on "European Union (EU) and the Current Situation in the Middle East
Published 15 Apr, 2011 12:00am
Pre-budget seminar: speakers for enlarging tax base

Pre-budget seminar: speakers for enlarging tax base

Speakers at a pre-budget seminar stressed upon enlarging the tax base, reducing unnecessary tax exemptions and making tax compliance easy for common taxpayers. They were speaking at a pre-budget seminar organised by Southern Regional Committee (SRC) of In
Published 15 Apr, 2011 12:00am
SSC exams beginning from April 18

SSC exams beginning from April 18

The Secondary School Certificate (SSC) Annual Examination 2011 of the Board of Secondary Education Karachi (BSEK) will commence from April 18. The Chairman of the Board, Professor Anwar Ahmed Zai, said on Thursday that all the preparations in this connect
Published 15 Apr, 2011 12:00am
IBM technology: making the world work better

IBM technology: making the world work better

In the span of a century, IBM has evolved from a small business that made scales, time clocks and tabulating machines in 1911 to a globally integrated enterprise with more than 400,000 employees with a strong vision for the future. The stories that have e
Published 15 Apr, 2011 12:00am
Ranger personnel, dacoit killed in separate encounters

Ranger personnel, dacoit killed in separate encounters

Police claimed to have killed an alleged dacoit and arrested other while lost Saachal Rangers' personnel during separate encounters at different parts of metropolis here on Thursday. According to North Nazimabad SP Asad Choudry, two alleged bandits, who w
Published 15 Apr, 2011 12:00am
'Drone attacks provide new recruits for terrorists'

'Drone attacks provide new recruits for terrorists'

"Despite the ISI-CIA chiefs' meeting in Washington for a reduction in US intelligence operatives in Pakistan, the United States has once again resumed its drone attacks revealing its lack of confidence in us," said Syed Jawaid Iqbal, Chairman Moderates, a
Published 15 Apr, 2011 12:00am
MNA Khurram Watto submits two bills in National Assembly

MNA Khurram Watto submits two bills in National Assembly

Pakistan People's Party (PPP) MNA Mian Khurram Jahangir Watto has submitted two bills in the National Assembly that include The Civil Servants (Amendment) Bill, 2011 and Capital Development Authority (Amendment) Bill, 2011. The Civil Servants (Amendment)
Published 15 Apr, 2011 12:00am
Non payments of dues: PSO threatens Kapco to halt fuel supplies

Non payments of dues: PSO threatens Kapco to halt fuel supplies

The Cash-strapped Pakistan State Oil (PSO) with receivables at Rs 178 billion has threatened Kot Adu Power Company Limited (Kapco) to halt fuel supplies if the latter fails to clear dues along with late payment surcharge. Total receivable amount from Kapc
Published 15 Apr, 2011 12:00am
Five suspected outlaws arrested in Islamabad

Five suspected outlaws arrested in Islamabad

Islamabad Police arrested five suspected outlaws from various areas of the city and recovered one kg charas, four pistols and looted items from their possession, said a spokesman of Islamabad Police here on Thursday. The Crime Investigation Department (CI
Published 15 Apr, 2011 12:00am
Irsa needs new water reservoirs including Kalabagh Dam

Irsa needs new water reservoirs including Kalabagh Dam

The National Assembly was informed on Thursday that the Indus River System Authority (Irsa) stressed the need of new water reservoirs including Kala Bagh Dam (KBD), which will help generate 3,600 megawatt electricity.
Published 15 Apr, 2011 12:00am
Misuse of ETPB lands: consensus in National Assembly to probe the matter

Misuse of ETPB lands: consensus in National Assembly to probe the matter

The National Assembly on Thursday developed a consensus to investigate the allotment of lands of the Evacuee Trust Property Board (ETPB) to its officials and its monetary affairs through a parliamentary committee. The House on the recommendation of Minist
Published 15 Apr, 2011 12:00am
Energy conservation: two-pronged strategy presented in National Assembly

Energy conservation: two-pronged strategy presented in National Assembly

The government on Thursday presented two-pronged strategy in the National Assembly focusing on conservation of energy and initiation of power projects to control loadshedding in next six months with conservation of up to 1100MW on demand side and addition
Published 15 Apr, 2011 12:00am
World sea attacks surge with more violent pirates

World sea attacks surge with more violent pirates

Sea piracy world-wide hit a record high of 142 attacks in the first quarter this year as Somali pirates become more violent and aggressive, a global maritime watchdog said Thursday. Nearly 70 percent or 97 of the attacks occurred off the coast of Somalia,
Published 15 Apr, 2011 12:00am
Remains of 800 bodies unearthed in Iraq mass grave

Remains of 800 bodies unearthed in Iraq mass grave

A mass grave holding the remains of over 800 bodies, many believed to be opponents of ousted leader Saddam Hussein, has been discovered in western Iraq, a Human Rights Ministry spokesman said on Thursday. Kamil Ameen said the grave, found in the desert of
Published 15 Apr, 2011 12:00am
Egypt bans Citadel head, former Prime Minister from travel

Egypt bans Citadel head, former Prime Minister from travel

Egypt's public prosecutor has ordered a travel ban on the chairman of private equity firm Citadel Capital, Ahmed Heikal, and former Prime Minister Atef Obeid over corruption allegations, the state news agency MENA reported on Thursday. The travel ban was
Published 15 Apr, 2011 12:00am
Authors reject calls to retract Goldstone report on Gaza

Authors reject calls to retract Goldstone report on Gaza

Three of the authors of a United Nations report which criticised Israel over its 2008-2009 offensive on Gaza on Thursday rejected calls to retract the report. They said in a statement to The Guardian newspaper in Britain that they found it "necessary to d
Published 15 Apr, 2011 12:00am
Nato states buck French, British call over Libya

Nato states buck French, British call over Libya

The United States and European Nato allies rebuffed on Thursday French and British calls to contribute more actively to the air war in Libya despite fears of a military stalemate. US Secretary of State Hillary Clinton told Nato misnisters meeting in Berli
Published 15 Apr, 2011 12:00am
India to send first ambassador to Iraq since 2005

India to send first ambassador to Iraq since 2005

India's first ambassador to Iraq since 2005 will arrive in Baghdad next month, an Indian diplomat told AFP on Thursday. Suresh K. Reddy, who is currently joint secretary for India's multilateral economic relations with the Association of South East Asian
Published 15 Apr, 2011 12:00am
Ben Ali faces 18 charges in Tunisia

Ben Ali faces 18 charges in Tunisia

Tunisian prosecutors want to try toppled president Zine el Abidine Ben Ali on 18 different charges, including murder and drug-trafficking, according to the country's justice minister. "The accusations include murder, conspiracy against the security of the
Published 15 Apr, 2011 12:00am
Morocco frees 92 political prisoners after protests

Morocco frees 92 political prisoners after protests

Morocco freed 92 political prisoners on Thursday, including a prominent anti-corruption activist and a controversial preacher, under a pardon issued by the king following street protests demanding democratic reform. The pardon also commuted to limited pri
Published 15 Apr, 2011 12:00am
News of the World reporter arrested over phone hacking

News of the World reporter arrested over phone hacking

A senior reporter at the News of the World was arrested on Thursday by detectives investigating phone hacking at Britain's biggest-selling weekly newspaper. James Weatherup is being questioned at a London police station, sources said. He is the third pers
Published 15 Apr, 2011 12:00am
Nuclear forum backs safety push after Japan crisis

Nuclear forum backs safety push after Japan crisis

A 72-nation nuclear forum backed a United Nations campaign to strengthen atomic safety on Thursday and pledged to carry out prompt steps to address public distrust in the technology following Japan's crisis. Japan's month-long struggle to stabilise the Fu
Published 15 Apr, 2011 12:00am
Calls grow for Japan Prime Minister to quit in wake of quake

Calls grow for Japan Prime Minister to quit in wake of quake

Japan's fragile post-disaster political truce unravelled on Thursday as the head of the main opposition party called on unpopular Prime Minister Naoto Kan to quit over his handling of the country's natural calamities and a nuclear crisis.
Published 15 Apr, 2011 12:00am
China slows down showcase bullet trains

China slows down showcase bullet trains

China is slowing down its bullet trains following complaints the showcase system is dangerously fast and too expensive. High-speed rail is a national prestige project aimed at showing off China's technological prowess and rising wealth while linking toget
Published 15 Apr, 2011 12:00am
Landslide kills 20 in Colombia

Landslide kills 20 in Colombia

An avalanche of mud smashed into a local bus in Colombia, killing at least 20 people after heavy rains battering the Andean nation caused a landslide, the government's disaster agency said on Thursday. Downpours caused by the La Nina weather phenomenon ha
Published 15 Apr, 2011 12:00am
US air traffic control chief resigns

US air traffic control chief resigns

The head of air traffic control in the United States resigned on Thursday after an embarrassing spate of cases in which controllers were found napping on the job. The resignation of Hank Krakowski was accepted by Federal Aviation Administration (FAA) chie
Published 15 Apr, 2011 12:00am
LHC moved against US drone attacks

LHC moved against US drone attacks

A petition was filed in Lahore High Court against the US drone attacks in the tribal belt of the country, seeking directions to stop them which are claiming lives of hundreds of innocent people. Barrister Iqbal Jafferi in the petition has prayed the court
Published 15 Apr, 2011 12:00am
Commissioners grumble about transfer of major cases

Commissioners grumble about transfer of major cases

Most of the Chief Commissioners of LTUs and RTOs have complained to the Federal Board of Revenue that high revenue generating companies and other cases were transferred to the jurisdiction of other LTUs/RTOs during recent Board's administrative measures,
Published 15 Apr, 2011 12:00am
Pesco may purchase power directly from generation companies

Pesco may purchase power directly from generation companies

Peshawar Electricity Supply Company (PESCO) may purchase electricity directly from the power generation companies without involving the National Tariff Distribution Company (NTDC), it was learnt. Sources said that the issue would be taken up in the second
Published 15 Apr, 2011 12:00am
Gilani says drone strikes violation of Pakistan's sovereignty

Gilani says drone strikes violation of Pakistan's sovereignty

Prime Minister Syed Yousuf Raza Gilani, strongly condemning the drone attacks on Thursday termed them violation of the sovereignty of Pakistan territory and said those were counter-productive in the law enforcement operations against terrorists, miscreant
Published 15 Apr, 2011 12:00am
Passco to launch wheat procurement drive shortly

Passco to launch wheat procurement drive shortly

Pakistan Agricultural Storage and Services Corporation (PASSCO) is all set to launch wheat procurement drive 2011 from fourth week of the current month. The corporation has arranged Rs 34 billion as loan from a consortium of different banks to meet the pr
Published 15 Apr, 2011 12:00am
'Illegal driving schools given 10-day deadline to get registered'

'Illegal driving schools given 10-day deadline to get registered'

The driving schools, which are operating illegally have been given ten-day deadline to get registered or stop operation, said Mir Vais Niaz, Superintendent of Police (SP) Traffic here on Thursday. The unauthorised driving schools were given ten-day deadli
Published 15 Apr, 2011 12:00am
Fourth parliamentary year: Punjab Assembly first session commences

Fourth parliamentary year: Punjab Assembly first session commences

Punjab Assembly which commenced its first session of fourth parliamentary year here Thursday with chair denying them presentation of a resolution giving reason that consensus need to be arrived between treasury and opposition prior to its presentation.
Published 15 Apr, 2011 12:00am
The Weather

The Weather

The weather report on Thursday (April 14, 2011) and the forecast for Friday (April 15, 2011).

Published 15 Apr, 2011 12:00am
SNGPL may stop gas supply to CNG stations if strike continues

SNGPL may stop gas supply to CNG stations if strike continues

Sui Northern Gas Pipelines Limited (SNGPL) authorities may cut supply of gas to the CNG station if they continue strike and divert gas to the industrial sector, Business Recorder learnt on Thursday. Sources in the company claimed that bigwigs are t
Published 15 Apr, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (April 14, 2011).

Published 15 Apr, 2011 12:00am
Nawab of Bahawalpur launches new party

Nawab of Bahawalpur launches new party

Nawab of Bahawalpur Salahuddin Abbasi has announced to launch Bahawalpur Awami Party in a big public meeting held at his residence Sadiq Garh Palace Dera Nawab Sahib on Thursday noon. Thousands of people including woman were present in public meeting held
Published 15 Apr, 2011 12:00am
Rs nine million robbed by bank security guard

Rs nine million robbed by bank security guard

A security guard along with his three accomplices robbed Rs 9 million cash from a branch of a private bank in the jurisdiction of Kharadar police station. Police said the security guard namely Anwar Mohammad Khan along with his three accomplices held the
Published 15 Apr, 2011 12:00am
'Invigorating Women Entrepreneurs' Expo held

'Invigorating Women Entrepreneurs' Expo held

The Women Entrepreneurship Development Programme of the United Nations Industrial Development Organisation in collaboration with the Islamabad Women Chambers of Commerce and Industries (IWCCI) and other public and private sector partners organised, the fi
Published 15 Apr, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 15 Apr, 2011 12:00am
Iesco power shutdown notice

Iesco power shutdown notice

According to Iesco Spokesman, due to electricity maintenance/development work the power supply of the areas fall under the following feeders would remain suspended: On Thursday (April 15), morning 10am to 3pm, MVHS-I feeder, MVAS-II feeder, AWT feeder, Ma
Published 15 Apr, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 15 Apr, 2011 12:00am
'LPG consumption registers drastic slump'

'LPG consumption registers drastic slump'

Liquefied Petroleum Gas (LPG) consumption in the country has witnessed a drastic slump in the last six months, said CEO of NOOR LPG, Belal Jabbar. Talking to Business Recorder, Belal said that LPG which accounted for almost 0.8 percent of the country's en
Published 15 Apr, 2011 12:00am