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Print - 2011-05-13
US soyabeans fall

US soyabeans fall

US soyabean ended lower, although well off session lows, on Wednesday as traders digested a USDA supply/demand report that included a much higher-than expected 2010/2011 soyabean carryover estimate of 170 million bushels, traders said. The agency's estima
Published 13 May, 2011 12:00am
Liffe cocoa lower, sugar up

Liffe cocoa lower, sugar up

Liffe July cocoa ends 38 pounds weaker at 1,874 pounds a tonne after earlier hitting 1,857 pounds, the lowest price for the benchmark second month since December 2010. Market weighed by resumption of Ivory Coast exports and widespread losses in commodity
Published 13 May, 2011 12:00am
Oil extends gains

Oil extends gains

Oil rebounded in volatile trading on Thursday following a 5 percent plunge in the previous session as a weaker dollar offset demand worries. Prices dipped early after data showed that the US economy was struggling to gain momentum in the second quarter, a
Published 13 May, 2011 12:00am
US gold, silver down

US gold, silver down

Silver fell 8 percent on Wednesday, breaking a three-day rebound from last week's 25 percent decline and dragging gold as crude oil dived and after China's industrial output growth eased much more than expected. Silver's losses accelerated as energy produ
Published 13 May, 2011 12:00am
Silver, gold fall in Asia

Silver, gold fall in Asia

Spot silver dropped 2.6 percent and gold edged lower on Thursday as worries about economic growth and the end of easy monetary policy crushed early gains, extending losses from the previous session. A broad-based sell-off in commodities that has seen majo
Published 13 May, 2011 12:00am
Gold, silver slide in Europe

Gold, silver slide in Europe

Gold and silver prices slid on Thursday, with silver tumbling more than 7 percent, as renewed strength in the dollar and concerns over the outlook for economic growth sparked broad-based selling of commodities. Silver also came under heavy selling pressur
Published 13 May, 2011 12:00am
US MIDDAY: wheat falls

US MIDDAY: wheat falls

US wheat futures fell more than 3 percent on Thursday and touched the lowest level in nearly two months, tracking commodities lower as investors fretted about the demand outlook as China took aim at inflation. China, a major importer of commodities from o
Published 13 May, 2011 12:00am
US MIDDAY: cocoa falls, sugar firm

US MIDDAY: cocoa falls, sugar firm

Cocoa futures closed down 2.6 percent on Thursday in another bout of commodity selling, while investor short-covering and possible consumer buying lifted sugar. ICE second-month, July cocoa tumbled $81, or 2.6 percent, to close at $3,037 per tonne. Total
Published 13 May, 2011 12:00am
US MIDDAY: gold, silver pare losses

US MIDDAY: gold, silver pare losses

Gold and silver prices fell on Thursday as the commodities sector sold off for a second straight day on global demand worries, but a dollar retreat lifted precious metals prices off their lows. Earlier in the session, silver fell as much as 7 percent afte
Published 13 May, 2011 12:00am
Management lessons from an airline

Management lessons from an airline

"How do they do it?" That's the first question any student of business management will ask when you show the performance charts of the "World's Leading Airline". In less than eight years, Etihad Airways has taken the global airline industry by storm; it h
Published 13 May, 2011 12:00am
Husband kills wife in DMJ

Husband kills wife in DMJ

A man murdered his wife over suspicion of having illicit relations with a man on Thursday. "One Mehboob Ali opened fire at his wife Amla in Goth Ghulam Mustafa with limits of PS Manjho Shori in Tehsil Tambo, killing her", police said.
Published 13 May, 2011 12:00am
DHA asked to run DCK project on top most priority

DHA asked to run DCK project on top most priority

Commander 5 Corps (President Executive Board DHA) Lieutenant General Zahirul Islam visited DHA City Karachi (DCK) project site here on Thursday. Administrator DHA Brigadier Aamer Raza Qureshi was also present on the occasion. DCK is an upcoming residentia
Published 13 May, 2011 12:00am
Ministry of Industries plays pivotal role in development: minister

Ministry of Industries plays pivotal role in development: minister

Senior Federal Minister for Industries and Defence Production, Chaudhry Parvez Elahi has said that the Ministry of Industries will endeavour its utmost to reach out to general public with the aim of providing maximum relief to the masses. The senior minis
Published 13 May, 2011 12:00am
Engro Foods to purchase Al Safa Halal in North America

Engro Foods to purchase Al Safa Halal in North America

Engro Corporation is all set to enter the halal food business in North America, as the company has finalised and signed an agreement with US-based Al Safa Halal to purchase its food business. The move comes as part of Engro Corporation's goal to become th
Published 13 May, 2011 12:00am
Thalasaemia child becomes Pakistan youngest doctor

Thalasaemia child becomes Pakistan youngest doctor

Make A Wish Foundation Pakistan and Isra University Hyderabad joined hands to commemorate World Thalasaemia Day. Faisal Keerio a 6 years old child suffering from Thalasaemia major became a doctor for a day as per his cherished wish. Faisal Keerio received
Published 13 May, 2011 12:00am
Slic paid Rs 2.48 billion to policyholders in first quarter

Slic paid Rs 2.48 billion to policyholders in first quarter

The State Life Insurance Corporation of Pakistan (Slic) paid Rs 2.48 billion to policyholders in the first quarter of 2011. Addressing a press conference here on Thursday, Slic Chairman Shahid Aziz Siddiqui said the company has started business in the Gul
Published 13 May, 2011 12:00am
IMC resumes order intake, booking

IMC resumes order intake, booking

Indus Motor Company (IMC) has resumed order intake/booking with immediate effect, which was temporarily suspended since April 19, due to uncertain supply situation as an effect of the devastating earthquake/tsunami that hit Japan during March this year.
Published 13 May, 2011 12:00am
USA, the wolf in disguise

USA, the wolf in disguise

He was a well-to-do man leading his life among the mountains and in caves. He was not short of anything however, he preferred a simple life engulfed with hardship. He was the person who gave the toughest time to USA, the biggest terrorist of the world. Ye
Published 13 May, 2011 12:00am
Bin Laden's wife: I'll stand with you

Bin Laden's wife: I'll stand with you

Osama bin Laden once gave his wives the option of leaving Afghanistan, but his young Yemeni bride was determined to stay and be "martyred" alongside him. The pledge early in her marriage to the terror leader, recounted by her family, reflected the determi
Published 13 May, 2011 12:00am
Need for taxpayers' bill of rights: Pre-budget tax proposals - I

Need for taxpayers' bill of rights: Pre-budget tax proposals - I

In recent years the collection of taxes has assumed enormous significance in Pakistan. There is a national consensus that our survival as a self-reliant nation now lies with rapid and substantial increase in tax revenues. The general public and businessme
Published 13 May, 2011 12:00am
US raid: demand for CJP-led commission

US raid: demand for CJP-led commission

Given the massive institutional failure in preventing the Abbottabad imbroglio, former prime minister Nawaz Sharif's call for a Chief Justice of Pakistan-led commission makes ample sense, especially as it comes after instant public rejection of Prime Mini
Published 13 May, 2011 12:00am
Deletion of 'at risk' projects

Deletion of 'at risk' projects

The Asian Development Bank (ADB) has reportedly slashed 692 million dollars worth of 'at risk' assistance to Pakistan. The ostensible reason: non-compliance with the ADB loan terms and conditions. There is ample evidence that the government of Pakistan, p
Published 13 May, 2011 12:00am
Country facing shortage of qualified nurses

Country facing shortage of qualified nurses

Pakistan on Thursday celebrated the legacy of Florence Nightingale, founder of the modern nursing profession, amidst a serious shortfall of qualified nurses. There is one trained nurse for every 4,636 patients in the country that is considered to be too f
Published 13 May, 2011 12:00am
AKU celebrates International Nurses Day

AKU celebrates International Nurses Day

Aga Khan University Division of Nursing Services held a ceremony to celebrate both International Day of the Midwife (IDM) and International Nurses Day (IND) on May 12th. The theme for this year's IDM - The World Needs Midwives Today More Than Ever - aims
Published 13 May, 2011 12:00am
Traders slam propaganda against armed forces

Traders slam propaganda against armed forces

The venomous propaganda against armed forces and premier spy agency has been grilled by the trading community of twin cities on Thursday, terming it a conspiracy of enemies of Pakistan, which is badly hurting national institutions and business environment
Published 13 May, 2011 12:00am
Islamabad police nab 22 suspects

Islamabad police nab 22 suspects

Islamabad Police announced general hold up in Federal Capital for a massive hunt of criminals and succeeded in detaining 22 persons including two proclaimed offenders, while 30 bottles of liquor, 1.500 kg charas, one kg heroin, weapons were recovered from
Published 13 May, 2011 12:00am
SPSC Hyderabad announces results

SPSC Hyderabad announces results

The Sindh Public Service Commission (SPSC) Hyderabad has announced names of successful candidates for the post of Inspector BPS-16 in Enquiries & Anti-Corruption Establishment Services, General Administ-ration & Co-ordination Department, Government of Sin
Published 13 May, 2011 12:00am
Rallies express solidarity with Army, intelligence agencies

Rallies express solidarity with Army, intelligence agencies

Scores of people belonging to various walks of life on Thursday took out rallies to express solidarity with the country's armed forces and intelligence agencies following criticism by some quarters for the May 02 US unilateral operation in Abbottabad in w
Published 13 May, 2011 12:00am
Two kidnappers killed, trader recovered in encounter

Two kidnappers killed, trader recovered in encounter

Anti Violence Crime Cell (AVCC) on Thursday claimed to have killed two kidnappers in an encounter and recovered a trader from Steel Town. According to AVCC sources, an industrialist Fawad Mirza was kidnapped on May 6, 2011, when he was on the way to work
Published 13 May, 2011 12:00am
Efficient service delivery in health sector still a dream

Efficient service delivery in health sector still a dream

Divergent views have been expressed by people hailing from different walks of life over the rupees 5.2 billion package announced by Punjab Chief Minister, Muhammad Shahbaz Sharif for doctors, nurses and para-medical staff in a bid to provide economic prot
Published 13 May, 2011 12:00am
Kharif crops: Punjab releases 100,000 cusecs water in canals

Kharif crops: Punjab releases 100,000 cusecs water in canals

Punjab irrigation department has released 100,000 cusecs water in the perennial and non-perennial irrigation canals of the province for sowing the summer Kharif crops; rice, cotton, sugarcane, vegetables and fodder. Talking to Business Recorder her
Published 13 May, 2011 12:00am
PIAF seeks duty-free import of printing paper

PIAF seeks duty-free import of printing paper

Pakistan Industrial and Traders Associations Front (PIAF) has urged the government to allow duty-free import of printing paper by including this item into the list of essential items so that text books could be made available to the students at cheaper ra
Published 13 May, 2011 12:00am
Bank Alfalah plans to open 24 more branches

Bank Alfalah plans to open 24 more branches

Bank Alfalah Limited is looking for opportunities in Pakistan and plans to open 24 more branches in different cities of the country, said CEO of Bank Alfalah Limited Sirajuddin Aziz. The bank also intended to expand operations in Hong Kong and Beijing in
Published 13 May, 2011 12:00am
'Passco so far procures 315,464 metric tons wheat'

'Passco so far procures 315,464 metric tons wheat'

The Pakistan Agricultural Storage and Services Corporation (Passco) has so far procured 315,464 metric tons of wheat against the procurement target of 1.3 million metric tons assigned by the federal government. A spokesman of the Corporation said here on
Published 13 May, 2011 12:00am
'Punjab cancels allotment of plot to SIC chief'

'Punjab cancels allotment of plot to SIC chief'

Punjab government has cancelled allotment of a plot to Sunni Ittehad Council (SIC) Chairman, Sahibzada Haji Fazale Karim in Faisalabad. After cancellation of the plot, government also tried to retrieve the same from the possession of the religious cleric
Published 13 May, 2011 12:00am
Book fair opens at Punjab University

Book fair opens at Punjab University

Vice Chancellor Punjab University, Professor Dr Mujahid Kamran inaugurated the largest 3-day book fair, being organised by the Univarsity's administration, in the main corridor of Institute of Education & Research (IER), New Campus on Thursday. Heads of v
Published 13 May, 2011 12:00am
S&T team to attend JCST meeting in Argentina

S&T team to attend JCST meeting in Argentina

A five member Science & Technology delegation led by Mir Chengez Khan Jamali Federal Minister for Science and Technology proceeded for Buenos Aires (Argentina) on Wednesday for the 2nd meeting of the Pakistan-Argentina Joint Committee on Science and Techn
Published 13 May, 2011 12:00am
'Comment on LHC verdict after study'

'Comment on LHC verdict after study'

Asked to comment on Lahore High Court (LHC) verdict on Thursday, spokesman of the Party Farhatullah Babar said that he will comment on it, if needed, only after the full judgement has been received and studied by the Party's legal team. He said that the P
Published 13 May, 2011 12:00am
Three SU students rusticated

Three SU students rusticated

University of Sindh has rusticated three students and banned their entry in the premises of the varsity and its campuses for a period of five years due to violation of discipline and firing, which caused death of student of BS Part-I Computer Science, Bab
Published 13 May, 2011 12:00am
Notorious Lyari gangster arrested

Notorious Lyari gangster arrested

Sindh police on Thursday claimed to have arrested notorious Lyari gangster from Pak Colony and recovered arms and ammunition from his possession. According to police officials, a team headed by SP Naveed Khawja on a tip-off conducted a raid at Pak Colony
Published 13 May, 2011 12:00am
In-camera session of Parliament: security tightened in Islamabad

In-camera session of Parliament: security tightened in Islamabad

Federal government has finalised the security and other arrangements for Friday's in-camera joint sitting of the Parliament and declared the Red Zone 'no-go-area' for people. No vehicle except having special passes would be allowed to enter the Constituti
Published 13 May, 2011 12:00am
Apex court lawyers divided over PML-N demand

Apex court lawyers divided over PML-N demand

Apex court lawyers on Thursday were divided over Pakistan Muslim League-Nawaz demand to form judicial commission for fixing responsibility of intelligence lapses amid breach of Pakistan sovereignty by American forces in Abbottabad on May 2 midnight operat
Published 13 May, 2011 12:00am
LHC moved against food street on green belts

LHC moved against food street on green belts

A petition has been filed in Lahore High Court against setting up of food street after removing green belt in Shad Bagh scheme-II. Former naib nazim Hafiz Moein Ahmad through his counsel Muhammad Azhar Siddique filed the petition. The petitioner said Park
Published 13 May, 2011 12:00am
Transfers, postings in Punjab

Transfers, postings in Punjab

The Punjab government has on Thursday transferred and posted government officials. According to a notification, Imtiaz Ahmad Khichi, Officer on Special Duty (OSD) has been posted as Section Officer in Local Government and Community Development Department,
Published 13 May, 2011 12:00am
PTI's rally against drone attacks

PTI's rally against drone attacks

Pakistan Tehrik Insaf staged a protest demonstration against drone attacks in Multan under the leadership of Ijaz Ahmed Janjua, Dr Robina Akhtar. A good number of workers participated in the protest which held outside the Multan Press Club on Thursday. Th
Published 13 May, 2011 12:00am
Qaim highlights three-year performance of Sindh government

Qaim highlights three-year performance of Sindh government

Sindh Chief Minister Syed Qaim Ali Shah on Thursday highlighted his government's three-year performance in Sindh Assembly, saying better governance with improved law and order and employment opportunities as among the major achievements.
Published 13 May, 2011 12:00am
NetSol achieves ISO20000 certification

NetSol achieves ISO20000 certification

NetSol Techno-logies Ltd has championed again the certification process in Pakistan by becoming first IT firm achieving ISO20000 ITIL certification. Chairman and CEO NetSol Technologies Salim Ghauri received the certificate from the Managing Director SGS
Published 13 May, 2011 12:00am
Biztek participated in Connect IT Forum

Biztek participated in Connect IT Forum

Institute of Business and Technology--Biztek participated in Connect IT Forum held from 3-5th May at Expo Center under the auspices of Pegasus Communications. This event held a significant value since it was organised with HEC collaboration.
Published 13 May, 2011 12:00am
695 people get jobs through Employment Exchanges

695 people get jobs through Employment Exchanges

The Director Manpower & Training, Sindh in his monthly report of March, 2011 has informed that as many as 695 job seekers got employment as 713 vacancies (all private) were notified by 134 employers at all Employment Exchanges in Sindh. Around 3935 job se
Published 13 May, 2011 12:00am
Nawaz calls for all institutions' accountability

Nawaz calls for all institutions' accountability

Pakistan Muslim League-Nawaz (PML-N) Chief, Nawaz Sharif has called for across the board accountability of all the institutions to restore the confidence of the masses. Talking to senior anchors and intellectuals here on Thursday, he said that institution
Published 13 May, 2011 12:00am
Russia and Pakistan vow to fight terrorism

Russia and Pakistan vow to fight terrorism

Russia and Pakistan will join forces in their common fight against terrorism, Russian President Dmitry Medvedev said during a meeting at the Kremlin on Thursday with President Asif Ali Zardari. "It is clear that our two countries are exposed to the same d
Published 13 May, 2011 12:00am
PPP Punjab reposes confidence in Zardari, Gilani

PPP Punjab reposes confidence in Zardari, Gilani

The parliamentary body of Pakistan Peoples Party (PPP) Punjab has reposed confidence in the leadership of President Asif Ali Zardari and Prime Minister Yusuf Raza Gilani. The parliamentary party met Thursday with opposition leader in Punjab Assembly, Raja
Published 13 May, 2011 12:00am
US embassy clarifies media reports about visa policy

US embassy clarifies media reports about visa policy

The US Embassy on Thursday said that some media outlets have mischaracterised statements by US Ambassador Cameron Munter at the University of Sindh on May 10 to imply that individuals with certain names are not eligible for US visas.
Published 13 May, 2011 12:00am
Police foil Taliban 'terror attacks'

Police foil Taliban 'terror attacks'

Police said they arrested four Taliban militants on Thursday who were planning "terror attacks" in Karachi and recovered suicide vests and explosives. Police did not make any link between the foiled attacks and the killing on May 2 of Osama bin Laden.
Published 13 May, 2011 12:00am
Senate passes Legal Practitioners Bill

Senate passes Legal Practitioners Bill

The Senate on Thursday passed The Legal Practitioners and Bar Council (Amendment) Bill 2011 aimed at providing financial grants to bar councils and bar associations on regular basis.
Published 13 May, 2011 12:00am
58 cases of spurious drugs registered during three years

58 cases of spurious drugs registered during three years

The Senate was informed on Thursday that 58 cases of spurious drugs were registered by federal inspector of drugs during the last three years. Minister of State for Health Shahjahan Yousuf, while responding various questions in the House, said that a numb
Published 13 May, 2011 12:00am
KESC faces sharp criticism in Senate

KESC faces sharp criticism in Senate

Karachi Electric Supply Company (KESC) came under severe criticism in Senate on Thursday, as Minister for Religious Affairs Syed Khursheed Shah hinted at taking over the control of the company if it failed to rectify its affairs.
Published 13 May, 2011 12:00am
Nisar calls for open session on US raid

Nisar calls for open session on US raid

Opposition Leader in the National Assembly Chaudhry Nisar Ali Khan has said that joint-session of the Parliament should be open so that the nation could know the facts about Abbottabad incident. "The people who will come for briefing will face the joint-s
Published 13 May, 2011 12:00am
US drone strike kills five

US drone strike kills five

US missiles killed at least five alleged militants Thursday in a tribal region along the Afghan border _ the third such drone attack since the US killing of Osama bin Laden, intelligence officials said. The strike is evidence that the US is not letting up
Published 13 May, 2011 12:00am
Body found in Khuzdar

Body found in Khuzdar

Police found a body of a man in Ferozeabad area of Khuzdar district on Thursday. The dead was identified as Wali Jan son of Faiz Muhammad, resident of Mashkaay.
Published 13 May, 2011 12:00am
Newly appointed judges take oath

Newly appointed judges take oath

Newly appointed 11 additional and 15 newly confirmed judges of the Lahore High Court (LHC) took oath of their offices at a ceremony held in Punjab Judicial Academy. Chief Justice LHC Ijaz Ahmad Chaudhry administered the oath to the judges. The ceremony wa
Published 13 May, 2011 12:00am
Three million children enrolled in Punjab primary schools

Three million children enrolled in Punjab primary schools

As many as three million children have been given admission in the schools so far as a result of primary enrolment campaign launched by the Punjab government. It expects to achieve 100 percent literacy rate in the province during next two years, Punjab Ed
Published 13 May, 2011 12:00am
Workshop for civil service officers organised

Workshop for civil service officers organised

Foundation for Rehabilitation & Education of Special Children (Fresh) organised a two-day awareness workshop for civil service officers on the role of the Foundation in addressing the problems of disadvantaged and marginalized segments of the society.
Published 13 May, 2011 12:00am
Under the LGO 2001: call to accept importance of Ucs

Under the LGO 2001: call to accept importance of Ucs

The Local Council Associations (LCAs), Multan leader Mian Faisal Mukhtar Ex-City District Nazim, under the banner of 'Jeevay Pakistan Jeevay Maqami Hakoomat', demanded that the government should accept the basic importance of union councils under the LGO
Published 13 May, 2011 12:00am
The Weather

The Weather

The weather report on Thursday (May 12, 2011) and the forecast for Friday (May 13, 2011).

Published 13 May, 2011 12:00am
Sprite University of Freshology holds exciting event

Sprite University of Freshology holds exciting event

Sprite held an exciting event this weekend at T2F Cafe to promote its ongoing campaign Sprite University of Freshology. The event was attended by well known VJs, RJs and students from various institutes, who were entertained by the witty, humorous and ton
Published 13 May, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (May 12, 2011).

Published 13 May, 2011 12:00am
Punjab to achieve four million tonnes of wheat procurement target

Punjab to achieve four million tonnes of wheat procurement target

Punjab Government would achieve four million tonnes of wheat procurement target in its current procurement campaign, instead of target of 3.5 million tone fixed by the federal government. This campaign would extend to June 5, 2011 and provincial governmen
Published 13 May, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (May 12, 2011).

Published 13 May, 2011 12:00am
Seven BHC's judges take oath

Seven BHC's judges take oath

Four permanent and three adhoc judges of the Balochistan High Court (BHC) took oath in a ceremony held at BHC premises here on Thursday. Chief Justice Balochistan High Court (BHC) Justice Qazi Faez Isa administered oath to the judges.
Published 13 May, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 13 May, 2011 12:00am
Seminar held on World Nurses Day

Seminar held on World Nurses Day

"Closing the Gap: Increasing Access and Equity" is most befitting as it is the need of the hour. This year the theme is about increasing access and equity to better serve communities, especially in primary healthcare, where nurses have always been and con
Published 13 May, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 13 May, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (May 12, 2011).

Published 13 May, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (May 12, 2011).

Published 13 May, 2011 12:00am
Khyber Pakhtunkhwa chief minister approves three posts of Additional AG

Khyber Pakhtunkhwa chief minister approves three posts of Additional AG

Chief Minister Khyber Pakhtunkhwa, Amir Haider Hoti on Thursday approved creation of three posts of Additional Advocate General (Special). According to a handout, Additional Advocate General will work in the office of Advocate General KP. The Chief Minist
Published 13 May, 2011 12:00am
Nation capable of making its own decisions: Hashwani

Nation capable of making its own decisions: Hashwani

Pakistani nation is capable of making its own decisions and to confront all the challenges. Hence, any foreign intervention or dictation would be totally unwarranted. Sarduddin Hashwani Chairman Hashoo Group said this while addressing a press conference h
Published 13 May, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (May 12, 2011).

Published 13 May, 2011 12:00am
Explosives, hand grenades defused

Explosives, hand grenades defused

Police have defused four hand grenades and explosives in the precincts of Dera Mura Jamali police station on Thursday. "On a tip off Police raiding team reached an area and recovered explosives weighting four kilograms and four hand grenade packed in a sa
Published 13 May, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 12, 2011).

Published 13 May, 2011 12:00am
FBR strategy of understating revenue targets backfires

FBR strategy of understating revenue targets backfires

The normal Federal Board of Revenue strategy, to understate the revenue targets for the first six months on the assumption that as the economy picks up tax collections tempo would rise, backfired in the current fiscal year, informed sources told Busine
Published 13 May, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 12, 2011).

Published 13 May, 2011 12:00am
Wullar Barrage dispute: Pakistan and India make no headway

Wullar Barrage dispute: Pakistan and India make no headway

Pakistan and India on Thursday made no headway to resolve Wullar Barrage dispute as both sides were not ready to change their historical stance, informed sources told Business Recorder. Indian team is led by Water Resources Secretary, Dhruv Vijai S
Published 13 May, 2011 12:00am