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Print - 2011-05-29
Six TTP activists arrested

Six TTP activists arrested

Crime Investigation Department (CID) of Sindh police on Saturday claimed to have arrested six militants of banned outfit Tehreek Taliban Pakistan (TTP) and recovered huge cache of drugs, arms and ammunition from their possession. A team headed by SSP CID
Published 29 May, 2011 12:00am
Exemplary punishments for the terrorists

Exemplary punishments for the terrorists

During the Parliament in-camera session Faisal Abidi asked the ISI Chief General Pasha how many terrorists were arrested by Army. According to him 922 terrorists have been arrested so far, but none of them get punished. Obviously nobody can testify agains
Published 29 May, 2011 12:00am
Respecting mother

Respecting mother

A mother is equally respected in all religions and societies throughout the world. Nonetheless, Islam has given more importance to a mother when our Holy Prophet disclosed: "Heaven is under the foot of the mother." I was really shocked to see the report i
Published 29 May, 2011 12:00am
Clinton seeks to patch fraying ties on Pakistan visit

Clinton seeks to patch fraying ties on Pakistan visit

Shaukat Mahmoud was on his way to Friday prayers at Islamabad's Red Mosque. Although he distrusts Western reporters and initially refused to talk, his hostility towards the United States got the better of him. "The defamation of Muslims in the world is ma
Published 29 May, 2011 12:00am
Reforms in tax laws - II

Reforms in tax laws - II

Budget proposal for amendments Income Tax Ordinance, 2001: The existing Tax to GDP ratio is substantially low. The FBR has put efforts to increase the ratio; but all the efforts are aimed at increasing the tax collection from the existing taxpayers
Published 29 May, 2011 12:00am
Rising food prices and status of poverty-related MDG

Rising food prices and status of poverty-related MDG

Rising food prices in recent years is a universal phenomenon. It is mainly the outcome of poor weather conditions, rising oil prices and the growing trend among food grain producing countries towards a protectionist agriculture policy in general and also
Published 29 May, 2011 12:00am
Cameron's much welcome remarks

Cameron's much welcome remarks

Speaking at a news conference in London on Wednesday, alongside US President Barack Obama, British Prime Minister David Cameron made remarks that would be widely welcomed in this country - all the more so considering that during his last year's visit to I
Published 29 May, 2011 12:00am
Audit must be about correction

Audit must be about correction

The Business Recorder has been running a series of exclusive stories based on the Audit Report that highlights embezzlements, irregularities and mismanagement in several government ministries as well as in autonomous entities. There is a connect be
Published 29 May, 2011 12:00am
Cleanliness campaign in Murree to begin from May 30

Cleanliness campaign in Murree to begin from May 30

Punjab Environment Department has decided to launch a cleanliness campaign in Murree from May 30 to June 4 to clean roads, streets and drains. The campaign will be launched in collaboration with the district government of Rawalpindi. This was decided in a
Published 29 May, 2011 12:00am
UVAS develops bioinformatics software

UVAS develops bioinformatics software

University of Veterinary and Animal Sciences (UVAS) Institute of Biochemistry and Biotechnology (IBBT) has developed a bio-informatics software for analysis of molecular biology data to develop 'phylogenetic trees' and deal with identifying and understand
Published 29 May, 2011 12:00am
Sanaullah condemns firing incident

Sanaullah condemns firing incident

Provincial Law and Parliamentary Minister, Rana Sanaullah condemned the firing incident on Saturday which claimed lives of two real brothers on the premises of sessions court. Talking to media, he said that all sorts of weapons were banned on the courts'
Published 29 May, 2011 12:00am
Naek invites Polish businessmen to explore investment opportunities

Naek invites Polish businessmen to explore investment opportunities

Chairman Senate, Farooq H. Naek has invited, the business houses based in Krakow, Poland to explore investment opportunities in Pakistan. He encouraged Polish companies to set up an exclusive Polish economic zone in Pakistan and expand business and trade
Published 29 May, 2011 12:00am
Indian NTBs hampering growth in Indo-Pak bilateral trade

Indian NTBs hampering growth in Indo-Pak bilateral trade

The burgeoning non-tariff barriers (NTBs) from India are hampering growth in bilateral trade between India and Pakistan, said the textile industry circles. Pakistan textile for domestic consumption is being discouraged with Pakistan-specific NTBs, ranges
Published 29 May, 2011 12:00am
'Punjab government takes bold decision of renouncing foreign aid'

'Punjab government takes bold decision of renouncing foreign aid'

Punjab Chief Minister, Shahbaz Sharif has said that Punjab government under the leadership of Quaid Pakistan Muslim League-N, Mian Nawaz Sharif has taken a historic decision of renouncing foreign aid, and it would be proved by implementing that decision t
Published 29 May, 2011 12:00am
PML-N women wing observes 'Youm-e-Takbir'

PML-N women wing observes 'Youm-e-Takbir'

Pakistan Muslim League-N women wing Saturday observed "Yum-e-Takbir" day in connection with 13th anniversary of nuclear explosions. To mark the day, PML-N women wing held a ceremony here at Peshawar Press Club presided over party by woman legislator in Kh
Published 29 May, 2011 12:00am
Punjab food department procures over 2.9 million tons of wheat

Punjab food department procures over 2.9 million tons of wheat

Punjab Food Department has so far procured over 2.9 million tons of wheat against the target of 3.5 million tons, while Pakistan Agricultural Storage and Services Corporation (Passco) procured 898,944 metric tons of wheat against a target of 1.3 million t
Published 29 May, 2011 12:00am
Iesco power suspension notice

Iesco power suspension 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 as under: On Tuesday (May 31) morning 8am to 11am, Race Course feeder, Iqbal Road feeder, M
Published 29 May, 2011 12:00am
Youm-e-Takbir celebrated in Multan

Youm-e-Takbir celebrated in Multan

Youm-e-Takbir was celebrated in Multan by the PML-N 's all wings to commemorate the nuclear tests conducted by Pakistan on May 28 1998 in response to Indian nuclear explosions. Two main functions were held in Multan. One was presided over by Zahid Bahar H
Published 29 May, 2011 12:00am
Official circles protecting RAW agents by blaming Taliban: JI chief

Official circles protecting RAW agents by blaming Taliban: JI chief

The Jamaat-i-Islami chief, Syed Munawar Hasan, has said the forensic report of the terrorist attack at the Pakistan naval ship had proved that the government circles had been constantly protecting the anti-state elements involved in terrorism.
Published 29 May, 2011 12:00am
Futures trading of cotton: PCF opposes SECP approval for PMEX

Futures trading of cotton: PCF opposes SECP approval for PMEX

Pakistan Cotton Forum (PCF) has opposed the SECP approval to Pakistan Mercantile Exchange Limited (PMEX) for the introduction futures trading in cotton. Chairman PCF Seth Muhammad Akbar has expressed serious concerns on restarting the cotton futures tradi
Published 29 May, 2011 12:00am
Two brothers killed in court premises

Two brothers killed in court premises

Two real brothers were killed in a firing incident in the premises of session court on Saturday. According to the police, the attacker managed to enter in the court with a pistol and fired several bullets on both the brothers Ali Imran Butt s/o Iqbal Butt
Published 29 May, 2011 12:00am
Nawaz for inquiry into Abbottabad incident

Nawaz for inquiry into Abbottabad incident

Pakistan Muslim League-N Chief, Muhammad Nawaz Sharif on Saturday stressed the need for implementing the resolution adopted by parliament for independent commission to investigate Abbotabad incident. Addressing a gathering outside Circuit House, he said t
Published 29 May, 2011 12:00am
Pak-Energy Provisions 2011: call for implementation of Building Code

Pak-Energy Provisions 2011: call for implementation of Building Code

The top officials of leading development institutions and power distribution companies on Saturday unanimously called for implementation of Building Code of Pakistan-Energy Provisions 2011 to conserve energy in a bid to steer the country out of worsening
Published 29 May, 2011 12:00am
Prime Minister for optimal use of financial resources

Prime Minister for optimal use of financial resources

Prime Minister Syed Yousuf Raza Gilani on Saturday stressed for close co-ordination between federation and provinces for the optimal use of financial resources. He emphasised that reform process should not be limited only to the federal level but also be
Published 29 May, 2011 12:00am
PSO issued tender for 1.67 million tonnes fuel oil

PSO issued tender for 1.67 million tonnes fuel oil

Pakistan State Oil (PSO) has issued a tender seeking up to 1.67 million tonnes of fuel oil, for August to October delivery, steady to its previous tender volumes of 1.62 million tonnes for June to October, its website showed on Saturday.
Published 29 May, 2011 12:00am
Iran and Pakistan to collaborate in education sector

Iran and Pakistan to collaborate in education sector

Leading universities of Iran will soon collaborate with Pakistani universities and have joint ventures in different fields of education. This was expressed by Focal Person Women of Iran, Dr Masooma Mohammadi, leading an Iranian delegation, during her visi
Published 29 May, 2011 12:00am
FMOA for withdrawal of mining policy

FMOA for withdrawal of mining policy

Sher Bandi Khan Marwat, President Frontier Mine Owners Association (FMOA), Khyber Pakhtunkhwa has termed the existing mining policy deteriorating for the sector and called for its immediate withdrawal, saying the ratio of mine lease has immensely declined
Published 29 May, 2011 12:00am
Pak-Malaysia trade could be doubled in next five years

Pak-Malaysia trade could be doubled in next five years

Enormous trade potential between Pakistan and Malaysia exists and it could be doubled from current level and both businessmen and governments are striving making it a common goal, the newly established Malaysia-Pakistan Business Council is currently in th
Published 29 May, 2011 12:00am
IAL Saatchi to tackle Olympics

IAL Saatchi to tackle Olympics

IAL Saatchi & Saatchi, one of country's oldest and highly reputed advertising agencies, is taking a novel approach towards igniting employee motivation; it is challenging its staff to their own Olympics showdown.
Published 29 May, 2011 12:00am
SIC decides to initiate 'Defence of Pakistan Movement'

SIC decides to initiate 'Defence of Pakistan Movement'

In order to create awareness among the masses regarding the challenges to the sovereignty, independence and integrity of Pakistan, Sunni Ittihad Council (SIC) has decided to initiate "Defence of Pakistan Movement". This was announced by the chairman SIC,
Published 29 May, 2011 12:00am
Supreme Court to resume hearing of high profile cases next week

Supreme Court to resume hearing of high profile cases next week

The Supreme Court will resume hearing from next week on various high- profile cases including Bank of Punjab case and a suo motto case regarding Rs 256 billion written-off loans by various banks from 1971 to 2009. The Chief Justice Iftikhar Muhammad Chaud
Published 29 May, 2011 12:00am
'Indian forces can never suppress Kashmiris' voice'

'Indian forces can never suppress Kashmiris' voice'

Jammu and Kashmir Liberation Front Chairman, Muhammad Yasin Malik has said that India wants to suppress Kashmiris' peaceful liberation movement through the use of brute force but it will never succeed in its designs. He expressed these views during a meet
Published 29 May, 2011 12:00am
Childhood cancer: lack of facilities raising mortality rate

Childhood cancer: lack of facilities raising mortality rate

Lack of proper organised facilities for the treatment of children suffering from cancer causing high mortality rate by 50 to 60 percent in Pakistan, learnt Business Recorder here on Saturday. Each year more than 160,000 children are diagnosed with
Published 29 May, 2011 12:00am
Implementation of anti-smoking laws urged

Implementation of anti-smoking laws urged

Health experts here Saturday called for pre-emptive measures for implementation of anti-smoking laws and elimination of Shesha smoking culture from the society. They were addressing a seminar held under the auspices of College of Family Medicine (CFM) in
Published 29 May, 2011 12:00am
Political leaders meet Zardari to condole his father's death

Political leaders meet Zardari to condole his father's death

A number of political leaders along with their delegations on Saturday separately called on the President at Aiwan-e-Sadr to offer their condolences to the President over the death of his father. The delegations that called on separately included that of
Published 29 May, 2011 12:00am
Kharotabad incident: two DSPs suspended

Kharotabad incident: two DSPs suspended

Two DSPs have been placed under suspension in connection with Kharotabad incident. According to details 5 Chechen nationals including three women and two men were killed in firing here some days ago in mysterious manner. Government of Balochistan constitu
Published 29 May, 2011 12:00am
CJP to hear ZAB case on 27th June

CJP to hear ZAB case on 27th June

The Chief Justice of Pakistan Iftikhar Muhammad Chaudhary has been pleased to fix the ZAB case (Reference No 01/2011, received from the President, Islamic Republic of Pakistan under Article 186 of the Constitution for revisiting the case of Zulfiqar Ali B
Published 29 May, 2011 12:00am
Russia to invest in steel, banking sectors

Russia to invest in steel, banking sectors

Chairman Investment Board Saleem H Mandviwala said on Saturday that Pakistan is going to resume bilateral trade and investment with Russia after a long gap of 30 years. This is a very big initiative of the present government which would help improve the r
Published 29 May, 2011 12:00am
Secretary FRESH seeks budget for children with SEN

Secretary FRESH seeks budget for children with SEN

Secretary General Foundation for Education & Rehabilitation of Special Children (FRESH) Ashba Kamran has demanded separate allocation of funds for children with Special Education Needs (SEN) in the upcoming budget.
Published 29 May, 2011 12:00am
Rulers sold nation for personal gains, says Imran

Rulers sold nation for personal gains, says Imran

Pakistan Tehreek-e-Insaaf (PTI) Chief, Imran Khan has said the rulers have sold the nation for their personal gains Addressing the members Lahore High Court Bar Association (LHCBA) on Saturday, Khan said Pakistani people were paying a heavy price of the U
Published 29 May, 2011 12:00am
Police asked to make vigilance bodies effective

Police asked to make vigilance bodies effective

The prime responsibility of Police is to serve the citizens and every official must accord priority to ensure transparent and speedy redressal of public complaints, said SP Saddar Dr Khuram Rasheed here on Saturday. It was primary responsibility of the co
Published 29 May, 2011 12:00am
VC MUET appoints directors, chairmen for three years

VC MUET appoints directors, chairmen for three years

In pursuance of the resolutions of the 123rd meeting of Syndicate, the Vice Chancellor, Mehran University of Engineering & Technology, Jamshoro has appointed the Professors of the respective teaching departments as Directors & Chairmen for 3 years.
Published 29 May, 2011 12:00am
'Future success of banking industry lies in effective use of IT'

'Future success of banking industry lies in effective use of IT'

Deputy Governor, State Bank of Pakistan, Yaseen Anwar has said future success of banking industry lies in the effective use of information technology and passing on its benefits to banks' customers in terms of cost, speed and convenience.
Published 29 May, 2011 12:00am
'Future success of banking industry lies in effective use of IT'

'Future success of banking industry lies in effective use of IT'

Deputy Governor, State Bank of Pakistan, Yaseen Anwar has said future success of banking industry lies in the effective use of information technology and passing on its benefits to banks' customers in terms of cost, speed and convenience.
Published 29 May, 2011 12:00am
Hassan Hadi appointed Investment Counsellor for Iraq

Hassan Hadi appointed Investment Counsellor for Iraq

To complement the investment and trade promotion efforts, the appointment of individuals like Syed Hassan Hadi is made with a track record being successful professional and the will for selfless service to Pakistan as Honorary Investment Counsellor (HIC)
Published 29 May, 2011 12:00am
Altaf strongly condemns Bajur Salarzai blast

Altaf strongly condemns Bajur Salarzai blast

The Founder and Leader of Muttahida Quami Movement (MQM) Altaf Hussain has strongly condemned the bomb blast in a hotel, Salarzai, Bajur Agency. He expressed grief over the death of several persons in the blast and sorrows for injured. He said that terror
Published 29 May, 2011 12:00am
Business leaders condole death of Hakim Ali Zardari

Business leaders condole death of Hakim Ali Zardari

Vice President, SAARC Chamber of commerce and industry Iftikhar Ali Malik and vice president, Asia Pacific, Chamber of Commerce and Industry, Tariq Sayeed have expressed deep grief sorrow over demise of Hakim Ali Zardari, father of President of Pakistan,
Published 29 May, 2011 12:00am
72 prisoners involved in border crossing released

72 prisoners involved in border crossing released

A federal review board here Saturday released 72 prisoners involved in border crossing. The board was comprised of Justice Nasirul Mulk of Supreme Court and Justice Sheikh Azmat Saeed of the Lahore high Court. The prisoners who were released included nati
Published 29 May, 2011 12:00am
Ibad inaugurates Port Grand Food Enclave

Ibad inaugurates Port Grand Food Enclave

Sindh Governor Dr Ishrat ul Ibad on Saturday said the country''s economic hub Karachi needed recreational and entertainment venues to entertain citizens and the opening of Port Grand Food and Entertainment Enclave is a major step in that direction.
Published 29 May, 2011 12:00am
Ibad inaugurates Port Grand Food Enclave

Ibad inaugurates Port Grand Food Enclave

Sindh Governor Dr Ishrat ul Ibad on Saturday said the country's economic hub Karachi needed recreational and entertainment venues to entertain citizens and the opening of Port Grand Food and Entertainment Enclave is a major step in that direction.
Published 29 May, 2011 12:00am
Ibad inaugurates Port Grand Food Enclave

Ibad inaugurates Port Grand Food Enclave

Sindh Governor Dr Ishrat ul Ibad on Saturday said the country's economic hub Karachi needed recreational and entertainment venues to entertain citizens and the opening of Port Grand Food and Entertainment Enclave is a major step in that direction.
Published 29 May, 2011 12:00am
Blast kills powerful Afghan police chief

Blast kills powerful Afghan police chief

A suicide bomber killed one of the most powerful men in north Afghanistan, along with a provincial police chief and three German troops, when he attacked a meeting of political and military leaders for once-peaceful Takhar province. Nato's commander for t
Published 29 May, 2011 12:00am
Blast kills powerful Afghan police chief

Blast kills powerful Afghan police chief

A suicide bomber killed one of the most powerful men in north Afghanistan, along with a provincial police chief and three German troops, when he attacked a meeting of political and military leaders for once-peaceful Takhar province. Nato's commander for t
Published 29 May, 2011 12:00am
Justice Raja Fayyaz retires on June 1

Justice Raja Fayyaz retires on June 1

Senior judge Supreme Court of Pakistan Justice Raja Fayyaz Ahmed is retiring on June 1, 2011 after attaining the age of superannuation, 65 years. He was elevated to the Supreme Court on September 14, 2005. Before elevation to the SC, he was Chief Justice
Published 29 May, 2011 12:00am
Justice Raja Fayyaz retires on June 1

Justice Raja Fayyaz retires on June 1

Senior judge Supreme Court of Pakistan Justice Raja Fayyaz Ahmed is retiring on June 1, 2011 after attaining the age of superannuation, 65 years. He was elevated to the Supreme Court on September 14, 2005. Before elevation to the SC, he was Chief Justice
Published 29 May, 2011 12:00am
PNS Mehran attack: US engineers to be investigated

PNS Mehran attack: US engineers to be investigated

Investigators conducting probe into the audacious attack on PNS Mehran Base have decided to interrogate US engineers working at the base, Aaj News reported. Quoting unnamed sources privy to the investigation, the channel said that the investigators
Published 29 May, 2011 12:00am
PNS Mehran attack: US engineers to be investigated

PNS Mehran attack: US engineers to be investigated

Investigators conducting probe into the audacious attack on PNS Mehran Base have decided to interrogate US engineers working at the base, Aaj News reported. Quoting unnamed sources privy to the investigation, the channel said that the investigators
Published 29 May, 2011 12:00am
Need stressed for broadening ambit of labour laws

Need stressed for broadening ambit of labour laws

Speakers at a conference "Labour Rights as Citizen Rights: Realising Constitutional Reforms" urged the need for broadening the ambit of labour laws for workers excluded from the system by way of institutional deficits or restricted legislations. The 2-day
Published 29 May, 2011 12:00am
Need stressed for broadening ambit of labour laws

Need stressed for broadening ambit of labour laws

Speakers at a conference "Labour Rights as Citizen Rights: Realising Constitutional Reforms" urged the need for broadening the ambit of labour laws for workers excluded from the system by way of institutional deficits or restricted legislations. The 2-day
Published 29 May, 2011 12:00am
Possible terror shelters: security czars act against slum dwellers

Possible terror shelters: security czars act against slum dwellers

The security czars in the Capital are planning action against shanties and slums dwellers after reports some residents have been sheltering terrorists. In the wake of growing threats of terror strikes from al Qaeda and Tehreek-e-Taliban Pakistan (TTP), th
Published 29 May, 2011 12:00am
Possible terror shelters: security czars act against slum dwellers

Possible terror shelters: security czars act against slum dwellers

The security czars in the Capital are planning action against shanties and slums dwellers after reports some residents have been sheltering terrorists. In the wake of growing threats of terror strikes from al Qaeda and Tehreek-e-Taliban Pakistan (TTP), th
Published 29 May, 2011 12:00am
Cut likely in POL prices

Cut likely in POL prices

The Oil and Gas Regulatory Authority (Ogra) is likely to reduce the prices of different petroleum products by up to Rs 6, officials said on Saturday. According to sources in Ogra, the government may reduce the petrol price by Rs 1.5 per litre, kerosene oi
Published 29 May, 2011 12:00am
Cut likely in POL prices

Cut likely in POL prices

The Oil and Gas Regulatory Authority (Ogra) is likely to reduce the prices of different petroleum products by up to Rs 6, officials said on Saturday. According to sources in Ogra, the government may reduce the petrol price by Rs 1.5 per litre, kerosene oi
Published 29 May, 2011 12:00am
Cut likely in POL prices

Cut likely in POL prices

The Oil and Gas Regulatory Authority (Ogra) is likely to reduce the prices of different petroleum products by up to Rs 6, officials said on Saturday. According to sources in Ogra, the government may reduce the petrol price by Rs 1.5 per litre, kerosene oi
Published 29 May, 2011 12:00am
CNG to be dearer by 15 percent from July 1

CNG to be dearer by 15 percent from July 1

The government has decided to increase the price of compressed natural gas (CNG) by 15 percent from July 1, 2011, used in cars, wagons and buses, official sources told Business Recorder. According to the prevalent CNG Policy, the price of CNG is fi
Published 29 May, 2011 12:00am
CNG to be dearer by 15 percent from July 1

CNG to be dearer by 15 percent from July 1

The government has decided to increase the price of compressed natural gas (CNG) by 15 percent from July 1, 2011, used in cars, wagons and buses, official sources told Business Recorder. According to the prevalent CNG Policy, the price of CNG is fi
Published 29 May, 2011 12:00am
CNG to be dearer by 15 percent from July 1

CNG to be dearer by 15 percent from July 1

The government has decided to increase the price of compressed natural gas (CNG) by 15 percent from July 1, 2011, used in cars, wagons and buses, official sources told Business Recorder. According to the prevalent CNG Policy, the price of CNG is fi
Published 29 May, 2011 12:00am
Nawaz asks people to 'revolt' against circumstances

Nawaz asks people to 'revolt' against circumstances

Pakistan Muslim League-N Quaid Nawaz Sharif on Saturday called upon the nation to challenge the prevailing political circumstances in order to bring about a change in the situation. Expressing deep concerns over the breach of country's sovereignty by the
Published 29 May, 2011 12:00am
Nawaz asks people to 'revolt' against circumstances

Nawaz asks people to 'revolt' against circumstances

Pakistan Muslim League-N Quaid Nawaz Sharif on Saturday called upon the nation to challenge the prevailing political circumstances in order to bring about a change in the situation. Expressing deep concerns over the breach of country's sovereignty by the
Published 29 May, 2011 12:00am
Budget to be presented in National Assembly, Senate on June 3

Budget to be presented in National Assembly, Senate on June 3

The budget session of the National Assembly and Senate would be held separately on June 3, and the same day Budget for 2011-12 would be presented in both Houses of the Parliament it is learnt. Sources in the National Assembly Secretariat said that Finance
Published 29 May, 2011 12:00am
Budget to be presented in National Assembly, Senate on June 3

Budget to be presented in National Assembly, Senate on June 3

The budget session of the National Assembly and Senate would be held separately on June 3, and the same day Budget for 2011-12 would be presented in both Houses of the Parliament it is learnt. Sources in the National Assembly Secretariat said that Finance
Published 29 May, 2011 12:00am
Budget to be presented in National Assembly, Senate on June 3

Budget to be presented in National Assembly, Senate on June 3

The budget session of the National Assembly and Senate would be held separately on June 3, and the same day Budget for 2011-12 would be presented in both Houses of the Parliament it is learnt. Sources in the National Assembly Secretariat said that Finance
Published 29 May, 2011 12:00am
Economic stability restored: Prime Minister

Economic stability restored: Prime Minister

Prime Minister Syed Yusuf Raza Gilani welcoming the participants of the annual meeting of the National Economic Council (NEC) said that since start of our government in 2008, we have faced serious economic challenges. The world-wide economic recession als
Published 29 May, 2011 12:00am
Economic stability restored: Prime Minister

Economic stability restored: Prime Minister

Prime Minister Syed Yusuf Raza Gilani welcoming the participants of the annual meeting of the National Economic Council (NEC) said that since start of our government in 2008, we have faced serious economic challenges. The world-wide economic recession als
Published 29 May, 2011 12:00am
Economic stability restored: Prime Minister

Economic stability restored: Prime Minister

Prime Minister Syed Yusuf Raza Gilani welcoming the participants of the annual meeting of the National Economic Council (NEC) said that since start of our government in 2008, we have faced serious economic challenges. The world-wide economic recession als
Published 29 May, 2011 12:00am
Ogra chief removed

Ogra chief removed

Chairman Oil and Gas Regulatory Authority (OGRA), Tauqir Sadiq, has been removed from office (officially sent on forced leave) after the Prime Minister, Syed Yousuf Raza Gilani gave a green signal for the change. Sadiq is a close relative of Senator Jahan
Published 29 May, 2011 12:00am
Ogra chief removed

Ogra chief removed

Chairman Oil and Gas Regulatory Authority (OGRA), Tauqir Sadiq, has been removed from office (officially sent on forced leave) after the Prime Minister, Syed Yousuf Raza Gilani gave a green signal for the change. Sadiq is a close relative of Senator Jahan
Published 29 May, 2011 12:00am
Ogra chief removed

Ogra chief removed

Chairman Oil and Gas Regulatory Authority (OGRA), Tauqir Sadiq, has been removed from office (officially sent on forced leave) after the Prime Minister, Syed Yousuf Raza Gilani gave a green signal for the change. Sadiq is a close relative of Senator Jahan
Published 29 May, 2011 12:00am
Rs 26.52 billion irregularities detected in RPP deals

Rs 26.52 billion irregularities detected in RPP deals

Auditor General of Pakistan (AGP) has detected massive irregularities, embezzlements, losses and mismanagement amounting to more than Rs 26.52 billion and US $591.5 million in Rental Power Projects (RPPs) initiated by PEPCO and PPIB. According to AGP''s R
Published 29 May, 2011 12:00am
Rs 26.52 billion irregularities detected in RPP deals

Rs 26.52 billion irregularities detected in RPP deals

Auditor General of Pakistan (AGP) has detected massive irregularities, embezzlements, losses and mismanagement amounting to more than Rs 26.52 billion and US $591.5 million in Rental Power Projects (RPPs) initiated by PEPCO and PPIB. According to AGP's Re
Published 29 May, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (May 28, 2011) and the forecast for Sunday (May 29, 2011).

Published 29 May, 2011 12:00am
Rs 26.52 billion irregularities detected in RPP deals

Rs 26.52 billion irregularities detected in RPP deals

Auditor General of Pakistan (AGP) has detected massive irregularities, embezzlements, losses and mismanagement amounting to more than Rs 26.52 billion and US $591.5 million in Rental Power Projects (RPPs) initiated by PEPCO and PPIB. According to AGP's Re
Published 29 May, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (May 28, 2011).

Published 29 May, 2011 12:00am
Nespak gets green signal to undertake IP pipeline feasibility

Nespak gets green signal to undertake IP pipeline feasibility

The government has given green signal to National Engineering Services Pakistan (Nespak) to undertake feasibility study on Iran-Pakistan gas pipeline project, Business Recorder has learnt. This was decided during a meeting held in the Ministry of P
Published 29 May, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (May 28, 2011).

Published 29 May, 2011 12:00am
Nespak gets green signal to undertake IP pipeline feasibility

Nespak gets green signal to undertake IP pipeline feasibility

The government has given green signal to National Engineering Services Pakistan (Nespak) to undertake feasibility study on Iran-Pakistan gas pipeline project, Business Recorder has learnt. This was decided during a meeting held in the Ministry of P
Published 29 May, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (May 28, 2011) and for Sunday (May 29, 2011).
Published 29 May, 2011 12:00am
Nespak gets green signal to undertake IP pipeline feasibility

Nespak gets green signal to undertake IP pipeline feasibility

The government has given green signal to National Engineering Services Pakistan (Nespak) to undertake feasibility study on Iran-Pakistan gas pipeline project, Business Recorder has learnt. This was decided during a meeting held in the Ministry of P
Published 29 May, 2011 12:00am
Five percent combined ST rate acceptable by zero-rated sectors

Five percent combined ST rate acceptable by zero-rated sectors

Textile Association of the Council of All Pakistan Textile Associations (CAPTA) has in principle agreed to accept combined rate of 5 percent, instead of 4-6 percent, on the local supply chain of five zero-rated sectors in the budget for 2011-12.
Published 29 May, 2011 12:00am
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