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Print - 2011-06-09
Islamic banking suffers from shortage of skilled professionals

Islamic banking suffers from shortage of skilled professionals

Islamic finance consistent with sharia law was poised to continue its growth, but the industry had to overcome a large dearth of skilled professionals and other challenges to succeed, banking experts warned Wednesday. "The fast growth of Islamic financial
Published 09 Jun, 2011 12:00am
Australian and New Zealand dollars slip

Australian and New Zealand dollars slip

The Australian and New Zealand dollars slipped against major currencies on Wednesday, as weaker equities and commodities prompted investors to book profits a day ahead of key jobs data in Australia and an interest rate decision in New Zealand. The Antipod
Published 09 Jun, 2011 12:00am
Won rises, ringgit falls

Won rises, ringgit falls

The South Korean won may weaken on expectations the central bank will leave rates unchanged this week, analysts said on Wednesday, while the rupiah may remain firm as Bank Indonesia continues to signal it would use currency to fight inflation. Twelve of 2
Published 09 Jun, 2011 12:00am
Indian rupee sits tight

Indian rupee sits tight

The Indian rupee was little changed in choppy trade on Wednesday, as weak local shares, a pull back in the euro and importer dollar buying offset support extended by exporter dollar sales. The partially convertible rupee ended at 44.70/71 per dollar again
Published 09 Jun, 2011 12:00am
Yuan hits record high

Yuan hits record high

The yuan hit a record high versus the dollar on Wednesday as the People's Bank of China fixed another all-time high mid-point and a top government official reiterated that imported inflation remained strong. Spot yuan closed at 6.4757 versus the dollar af
Published 09 Jun, 2011 12:00am
Swiss franc flat

Swiss franc flat

The Swiss franc trod water against the dollar on Wednesday after Federal Reserve Chairman Ben Bernanke gave a glum assessment of the US economy bolstering expectations interest rates will stay low for longer. The Swiss franc was flat against the dollar co
Published 09 Jun, 2011 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 73.79/73.88 (previous 73.77/73.87). Call Money Rates: 6.50-9.00 percent (previous 6.00-10.00 percent).
Published 09 Jun, 2011 12:00am
Dollar slides as Bernanke, China weigh

Dollar slides as Bernanke, China weigh

The dollar tumbled late on Tuesday, after Federal Reserve Chairman Ben Bernanke's comments about the economy's lackluster growth affirmed expectations US interest rates will remain low for a long time. He made no indication, however, that the central bank
Published 09 Jun, 2011 12:00am
Early trade in New York: dollar rises versus majors

Early trade in New York: dollar rises versus majors

The dollar rose against most currencies on Wednesday but fell to a one-month low against the yen as fear that a slowing US economy may put the brakes on global growth drove a bid for currencies perceived as safe havens. Commodity-linked currencies and the
Published 09 Jun, 2011 12:00am
Dollar falls versus yen in London

Dollar falls versus yen in London

The dollar hit a fresh one-month low against the yen on Wednesday while commodity currencies fell as investors pared holdings in riskier assets, driven by fears a slow US economic recovery could drag on global growth. The yen rose broadly, pushing down th
Published 09 Jun, 2011 12:00am
Dollar slips versus yen in Asia

Dollar slips versus yen in Asia

The dollar slipped to a one-month low under 80 yen on Wednesday as the yen was bought back broadly amid heightened risk-aversion reflecting general falls in Asian share prices. The US currency was also weighed down by comments from Federal Reserve Chairma
Published 09 Jun, 2011 12:00am
Sterling pares losses

Sterling pares losses

Sterling pared losses against the euro and the dollar on Wednesday as traders downplayed comments on the UK by credit ratings agency Moody's which had sparked early selling of the pound. Moody's said its outlook for Britain remained stable, but reiterated
Published 09 Jun, 2011 12:00am
Euro rates at two-year high

Euro rates at two-year high

Key euro-priced interbank lending rates hit a new two-year high on Wednesday with the market expecting the European Central Bank to signal it will resume monetary tightening in July to rein in inflation. Any ECB reference to "strong vigilance" in regards
Published 09 Jun, 2011 12:00am
Weak miners push FTSE below key technical level

Weak miners push FTSE below key technical level

Mining stocks, dented by heightened investor concerns about the strength of the global economic recovery, pushed Britain's top shares below a key technical level on Wednesday, a bearish signal for the index. The FTSE 100 closed down 55.76 points, or 1.0 p
Published 09 Jun, 2011 12:00am
European shares fall

European shares fall

European shares fell on Wednesday to their lowest close in three months, with analysts expecting more selling after US Federal Reserve Chairman Ben Bernanke's downbeat view on the US economy. The pan-European FTSEurofirst 300 index of top shares closed do
Published 09 Jun, 2011 12:00am
Australian shares remain down

Australian shares remain down

Australian shares fell 0.7 percent on Wednesday to their lowest close since March 15, exploring the bottom of the 2011 range as financial and resource stocks sank on concern over the health of the global economy, particularly the United States. Energy sha
Published 09 Jun, 2011 12:00am
US MIDDAY: gold declines

US MIDDAY: gold declines

Gold fell early on Wednesday as the dollar index gained a day after Federal Reserve Chairman Ben Bernanke offered no hints of further US monetary easing but acknowledging the economy has slowed. Bullion investors were disappointed with the uncertainty ove
Published 09 Jun, 2011 12:00am
THE RUPEE: parity almost stays put

THE RUPEE: parity almost stays put

Steady trend was witnessed on the money market on Wednesday as the rupee showed little change in process of trading, experts said. The rupee retained its overnight level against dollar for buying at 85.90 while it gained three paisa for selling at 85.92,
Published 09 Jun, 2011 12:00am
Asma Jehangir meets Iftikhar Chaudhry

Asma Jehangir meets Iftikhar Chaudhry

A delegation comprising of elected Cabinet of the Supreme Court Bar Association headed by its President Asma Jehangir called on the Chief Justice Iftikhar Muhammad Chaudhry on Wednesday. It was working session between the Bench and the Bar to discuss the
Published 09 Jun, 2011 12:00am
THE RUPEE: parity almost stays put

THE RUPEE: parity almost stays put

Steady trend was witnessed on the money market on Wednesday as the rupee showed little change in process of trading, experts said. The rupee retained its overnight level against dollar for buying at 85.90 while it gained three paisa for selling at 85.92,
Published 09 Jun, 2011 12:00am
CIA arrests seven criminals

CIA arrests seven criminals

Criminal Investigation Agency (CIA) of Islamabad have arrested seven criminals including three proclaimed offenders for their alleged involvement in offences like murder, dacoities, burglaries, fraud and looting valuables at gun point. The Inspector Gener
Published 09 Jun, 2011 12:00am
UVAS organising educational awareness seminar

UVAS organising educational awareness seminar

The University of Veterinary and Animal Sciences (UVAS), department of food and nutrition is organising an educational awareness seminar on "Consequences of calcium and vitamin-D deficiency in relation to bone health" in collaboration with Nutritional Hea
Published 09 Jun, 2011 12:00am
Security beefed up in Islamabad

Security beefed up in Islamabad

In the wake of threats from al Qaeda and Tehreek e Taliban Pakistan (TTP), security in and around the cantonments, particularly around the defence installations have been beefed up, besides closing all the Federal Government (Cantt/Garrison) educational i
Published 09 Jun, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 09 Jun, 2011 12:00am
IBA holds seminar on computer science

IBA holds seminar on computer science

An event was organised by two computer science societies of IBA, IBA Web society and IBA Infosys society. On Saturday, at the IBA Main Campus Auditorium, began a legacy that will serve computer sciences students all over the Pakistan for years to come.
Published 09 Jun, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 09 Jun, 2011 12:00am
Media asked to play vibrant role in promoting Pak-China ties

Media asked to play vibrant role in promoting Pak-China ties

Dr Firdous Ashiq Awan Federal Minister for Information and Broadcasting on Wednesday has asked the media to play a more vibrant role in promoting a Pak-China ties, which will put the country on path to development. Talking to media persons after signing o
Published 09 Jun, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

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

Published 09 Jun, 2011 12:00am
US, Engro Foundation restore dairy sector in rural Sindh

US, Engro Foundation restore dairy sector in rural Sindh

The United States has partnered with Engro Foundation to help over 22,000 flood-affected dairy farmers in the Larkana and Dadu area of Sindh, enabling farmers to keep their livestock healthy and also increased milk production by 0.5 liter a day per animal
Published 09 Jun, 2011 12:00am
Meezan Bank receives international awards

Meezan Bank receives international awards

Meezan Bank has been awarded 'Best Islamic Bank in Pakistan' and 'Best Islamic Trade Finance Bank in Pakistan' by Asset Triple A Awards, Hong Kong. The Triple A Awards - an integrated multi-media company serving the community of leading corporate and fina
Published 09 Jun, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

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

Published 09 Jun, 2011 12:00am
Rs nine billion BoP scam: NAB asked to provide details of pending cases

Rs nine billion BoP scam: NAB asked to provide details of pending cases

The Supreme Court (SC) on Wednesday directed the National Accountability Bureau (NAB) to provide complete details of Bank of Punjab cases pending in the Accountability Courts. A three-member bench headed by Chief Justice Iftikhar Muhammad Chaudhry and com
Published 09 Jun, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (June 08, 2011) and for Thursday (June 09, 2011).
Published 09 Jun, 2011 12:00am
Huge amount of revenue blocked 7,850 unclaimed GDs detected

Huge amount of revenue blocked 7,850 unclaimed GDs detected

Taking a major step to improve customs duty collection, the Chief Collector of Customs (North), Aftab Anwar Baloch, detected 7850 Goods Declarations (GDs)/Indexes which remained unclaimed/un-cleared for the North Region under the One Customs clearance sys
Published 09 Jun, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (June 08, 2011).

Published 09 Jun, 2011 12:00am
Non-payment of arrears: 388 hotels declared DTS defaulters

Non-payment of arrears: 388 hotels declared DTS defaulters

Some 388 hotels and restaurants of Karachi have been declared as defaulters by the Department of Tourist Services (DTS) because they have not paid registration fees and penalties to DTS since 1994, well placed sources unveiled this to Business Recorder
Published 09 Jun, 2011 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (June 08, 2011).

Published 09 Jun, 2011 12:00am
Iqbal Ashraf's appointment

Iqbal Ashraf's appointment

Ministry of Finance through the notification has announced the appointment of Syed Iqbal Ashraf, SEVP and Group Chief of National Bank of Pakistan, as Managing Director/Chief Executive Director of PAÏR Investment Company Limited. Iqbal Ashraf brings with
Published 09 Jun, 2011 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 09 Jun, 2011 12:00am
Denial of admission: LHC seeks reply from college principal

Denial of admission: LHC seeks reply from college principal

The Lahore High Court (LHC) here on Wednesday sought reply from principal Aitchison College, Lahore by June 10 in a petition challenging denial of admission. Petitioner, Hassan Abrar Ali Khwaja through her mother Syed Mahreen Abrar submitted that her son
Published 09 Jun, 2011 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 09 Jun, 2011 12:00am
Bullion Rates

Bullion Rates

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

Published 09 Jun, 2011 12:00am
PHSADC to hold show in November 2011

PHSADC to hold show in November 2011

Pakistan Hunting and Sporting Arms Development Company (PHSADC) has planned to organise an exhibition by the name of Target and Outdoor Shooting Sports Show (TOSS) at Islamabad in November during the current calendar year. The exhibition will enable manuf
Published 09 Jun, 2011 12:00am
Bullion Rates

Bullion Rates

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

Published 09 Jun, 2011 12:00am
The Weather

The Weather

The weather report on Wednesday (June 08, 2011) and the forecast for Thursday (June 09, 2011).

Published 09 Jun, 2011 12:00am
Smuggled/contraband items: - detects 92 cases of seizure

Smuggled/contraband items: - detects 92 cases of seizure

Directorate General Intelligence & Investigation of Federal Board of Revenue (FBR) has detected 92 cases of seizure of smuggled/contraband items having CIF value of Rs 128.32 (million) during the month of May, 2011. The seized goods include 1.0 kg heroin,
Published 09 Jun, 2011 12:00am
Fair market practices: SECP penalises market participants for violations

Fair market practices: SECP penalises market participants for violations

In order to foster a transparent and efficient securities market and to safeguard the investors' interest, the Securities Market Division of the Securities and Exchange Commission of Pakistan (SECP) took enforcement actions and penalised the market partic
Published 09 Jun, 2011 12:00am
Non-provision of job to Jiyalas: PPP workers protest against CDA chief

Non-provision of job to Jiyalas: PPP workers protest against CDA chief

Dozens of PPP workers on Wednesday held a stage demonstration against Chairman Capital Development Authority (CDA) for ignoring them in jobs and other facilities. Local leaders including Qamar Abbas, Shabbir Babar, Aamir Abbasi, Aji Shah, Yousuf Balti, Am
Published 09 Jun, 2011 12:00am
45 percent girls' schools lack clean drinking water facility

45 percent girls' schools lack clean drinking water facility

Forty-five percent of government girls' primary schools, monitored by FAFEN in April 2011, lacked clean drinking water for students. According to FAFEN's Education Institution Monitor, this crucial arrangement was not available in 35 of the 78 monitored s
Published 09 Jun, 2011 12:00am
Experts for enhancing budget to ensure free, compulsory education

Experts for enhancing budget to ensure free, compulsory education

There was a dire need to frame rules and regulations to ensure implementation of Article 25-A of the Constitution that makes education a fundamental right. It was mandatory for the State to provide free and compulsory education to all children in the rang
Published 09 Jun, 2011 12:00am
EOBI to launch new information system

EOBI to launch new information system

Director General EOBI, Muhammad Hanif inaugurated EOBI seminar on new information system here today. He said that new information system will be launched from July 1st, 2011. He further said that we ave organised this seminar to facilitate the employers a
Published 09 Jun, 2011 12:00am
98 percent population of Diamer getting electricity: Khan

98 percent population of Diamer getting electricity: Khan

Electricity is being provided to about 98 percent population of the district while the rest will also get the facility soon. Executive Engineer Water and Power, Sher Bahadur Khan said this while talking to APP on Wednesday. He said seven power projects we
Published 09 Jun, 2011 12:00am
ZONG launches insurance via mobile

ZONG launches insurance via mobile

ZONG has introduced an insurance plan. ZONG is launching this innovative service in collaboration with Adamjee Life Assurance Co Ltd ZONG, which has offered many flexible services to its subscribers in the past is now bringing this hassle-free insurance p
Published 09 Jun, 2011 12:00am
Hosiery sector expresses disappointment over budget

Hosiery sector expresses disappointment over budget

Chairman of Pakistan Hosiery Manufacturers & Exporters Association (PHMA), North Zone, Salamat Ali, has expressed complete disappointment over the federal budget for 2011-12. He said that the government has done nothing except pleasing the International M
Published 09 Jun, 2011 12:00am
Punjab Budget on June 10

Punjab Budget on June 10

Punjab Assembly Secretariat has issued notification of Punjab Budget 2011-2012 being presented in the assembly on June 10 (tomorrow), 2011 at 3:00pm. Speaker Iqbal Ahmed Khan will chair the session.
Published 09 Jun, 2011 12:00am
Punjab Budget on June 10

Punjab Budget on June 10

Punjab Assembly Secretariat has issued notification of Punjab Budget 2011-2012 being presented in the assembly on June 10 (tomorrow), 2011 at 3:00pm. Speaker Iqbal Ahmed Khan will chair the session.
Published 09 Jun, 2011 12:00am
PEF helps 86 partner schools in flood-hit areas

PEF helps 86 partner schools in flood-hit areas

The Punjab Education Foundation (PEF) has helped the 86 partner schools to resume their normal educational activities in flood-hit areas of Southern Punjab by providing them suitable financial grants so that they could restore their necessary infrastructu
Published 09 Jun, 2011 12:00am
'Trade, industry backbone of economy'

'Trade, industry backbone of economy'

Trade and industry is the backbone of the economy, as the government generates more than 90 per cent of its total resources from this sector, thus it can make a great contribution in turning Pakistan into one of the greatest nations in the world provided
Published 09 Jun, 2011 12:00am
Aptma holds meeting to discuss gas suspension

Aptma holds meeting to discuss gas suspension

An emergent meeting of Aptma held on Wednesday to discuss the crisis arising out of prevailing gas suspensions to the textile industry, causing colossal losses to industry in Punjab and demanded five days a week gas supply immediately.
Published 09 Jun, 2011 12:00am
Power shortfall shoots up to 3,000 megawatts

Power shortfall shoots up to 3,000 megawatts

Power shortfall has shot up to alarming level of 3000MW, as any further increase in it would invite more misery and trouble for the consumers, both domestic and commercial. According to daily briefing from Pepco, power generation stood at 14351MW against
Published 09 Jun, 2011 12:00am
Seminar on environmental issues and challenges held

Seminar on environmental issues and challenges held

Speakers at a seminar stressed the need to take measure to face the environmental challenges that has started playing havoc with the people of the country. This was stated at an international seminar titled on Environmental issues and challenges at old se
Published 09 Jun, 2011 12:00am
Halal Science Center Bankok, NIFSAT-UAF sign MoU

Halal Science Center Bankok, NIFSAT-UAF sign MoU

The Halal Science Center of Chulalongkorn University and National Institute of Food Science and Technology (NIFSAT), University of Agriculture Faisalabad (UAF) have inked a Memorandum of Understanding (MoU) for exploring new avenues in the field of Halal
Published 09 Jun, 2011 12:00am
Wapda plans up-gradation of 1,000 megawatts Mangla power station

Wapda plans up-gradation of 1,000 megawatts Mangla power station

With a view to optimal utilisation of hydropower resources in the country, Pakistan Water and Power Development Authority (Wapda) has awarded contract to carry out feasibility study for up-gradation of the 1000-MW Mangla Power Station.
Published 09 Jun, 2011 12:00am
Call to enhance population of cows and buffaloes

Call to enhance population of cows and buffaloes

Pakistan Dairy Association (PDA) Chairman Syed Yawar Ali has stressed the need to enhance productivity of cows and buffaloes in Pakistan to get optimum milk production. He was speaking at the graduation ceremony of Dairy Hub staff training programme being
Published 09 Jun, 2011 12:00am
PTF seminar on budget today

PTF seminar on budget today

Pakistan Thinkers Forum (PTF) has organised a roundtable conference here on Thursday to deliberate upon the FY 2011-2012 budget and present economic scenario of the country. The organiser of the roundtable conference and veteran business leader Qaiser Ahm
Published 09 Jun, 2011 12:00am
PTI secretary general begins organisational tour today

PTI secretary general begins organisational tour today

PTI Secretary General Dr Arif Alvi is undertaking an organisational tour of Punjab from June 9 to 13, 2011. During his visit he will stay three days in Lahore where he would address a women's gathering on Saturday, chair a meeting of the Lahore Think Tank
Published 09 Jun, 2011 12:00am
Disconnect between government agencies

Disconnect between government agencies

The government machinery in Pakistan is notorious for overlapping of functions and assuming or shifting of responsibilities from one government department to another, causing a lot of frustration to those who have to deal with them for some reason. While
Published 09 Jun, 2011 12:00am
Debate held hostage to politics

Debate held hostage to politics

As regards money bills, the Senate of Pakistan has no legislative override; it can only make recommendations, which the National Assembly may or may not accept. Under Article 73 "a Money Bill shall originate in the National Assembly," and it "shall, consi
Published 09 Jun, 2011 12:00am
VIEWPOINT: The budget and unmet challenges

VIEWPOINT: The budget and unmet challenges

To state the obvious, economic well-being of ordinary Pakistanis has never been a priority issue for our rulers. So it is this budget time, although the PPP co-Chairman and President Asif Ali Zardari has been claiming his party won the election promising
Published 09 Jun, 2011 12:00am
Role of intra-group services in transfer pricing mechanism

Role of intra-group services in transfer pricing mechanism

Intra-group services: Intra-group services are services, which are provided from within or from inside the business group or MNEs. These services include transfer of goods or intangible property.1 At times it is difficult to determine whether the transact
Published 09 Jun, 2011 12:00am
Gaffe-prone Prince Philip wants 'no fuss' over 90th birthday

Gaffe-prone Prince Philip wants 'no fuss' over 90th birthday

Over the years, Britain's Prince Philip has caused both mirth and anger with his many gaffes, but when it comes to marking his milestone 90th birthday, he has said he wants "no fuss." At a time when royal celebrations and anniversaries fall thick and fast
Published 09 Jun, 2011 12:00am
Petrol price

Petrol price

There is an increase in petrol prices by up to 13 percent in response to a 'sharp increase' in oil prices, a month after the government was forced to reduce a planned hike. Petrol prices have shown a predictable rise recently, but the amount of rise is un
Published 09 Jun, 2011 12:00am
'Sudan can benefit from Pakistan in S&T, IT'

'Sudan can benefit from Pakistan in S&T, IT'

"Sudan can greatly benefit from Pakistan in the fields of Science & Technology, human resource development, information technology, and agricultural research". Ambassador of Sudan, Mohammed Omer Musa said this while calling on Federal Minister for Science
Published 09 Jun, 2011 12:00am
Seminar on journalists' killing

Seminar on journalists' killing

Human Rights Network (HRN) to organise a seminar on the killing of Saleem Shahzad and other journalists at Karachi Press Club on Thursday at 5:30 pm. Sindh Information Minister Sharjeel Memon, Chief Jamat-e-Islami Sindh Dr Miraj-ul-Huda Siddiqui, prominen
Published 09 Jun, 2011 12:00am
KESC turmoil may have its impact on privatisation process

KESC turmoil may have its impact on privatisation process

The on-going tussle between the Karachi Electric Supply Company (KESC) management and the union with the political stakeholders' inability to resolve the issue would compromise the ability of the government to achieve its target for privatisation proceeds
Published 09 Jun, 2011 12:00am
Fuel shortage forces KESC to increase loadshedding

Fuel shortage forces KESC to increase loadshedding

The Karachi Electric Supply Company has been constrained to temporarily increase the duration of load shedding in the residential and commercial areas of the City in view of the peak demand exceeding 2,550 megawatts and minimal supply of gas, 180 MMCFD as
Published 09 Jun, 2011 12:00am
Pakgen Power to offer 37 million shares to general public

Pakgen Power to offer 37 million shares to general public

The sponsors of Pakgen Power Limited have offered 37.208 million shares to the general public through initial public offering (IPO) at an offer price of Rs 19 per share, inclusive of a premium of Rs 9 per share. The public subscription of the offered shar
Published 09 Jun, 2011 12:00am
Chance of cyclone: Governor directs officials for precautionary steps

Chance of cyclone: Governor directs officials for precautionary steps

Governor sindh, Dr Ishrat-ul-Ibad Khan, has directed the concerned officials to adopt all possible precautionary steps in view of the chances of a cyclone. He said here on Wednesday that in view of the forecasts of the Met Office, the precautions should b
Published 09 Jun, 2011 12:00am
Balochistan fishermen stop fishing

Balochistan fishermen stop fishing

Fishermen of Balochistan have stopped fishing in the sea due to likely cyclone. The Fisheries Department has issued warning and asked fishermen to return to coast from deep sea as a cyclone is being generated in Arab Sea and approaching coasts of Sindh an
Published 09 Jun, 2011 12:00am
ANP to boycott Sindh Assembly session

ANP to boycott Sindh Assembly session

President Awami National Party (ANP), Sindh Shahi Syed has announced that the ANP-associated members of Sindh Assembly (MPAs), will boycott the session of the provincial Assembly of Sindh. According to a statement issued by ANP Sindh here on Wednesday, th
Published 09 Jun, 2011 12:00am
KESC meter department closure causing hardships to new consumers

KESC meter department closure causing hardships to new consumers

The closure of the meter department of Karachi Electric Supply Corporation (KESC) has irked the citizens who had given application for getting new electricity connections, Business Recorders learnt on Wednesday. The applicants of new electricity meters ha
Published 09 Jun, 2011 12:00am
Guzdarabad Hospital: non-availability of medicines irks patients

Guzdarabad Hospital: non-availability of medicines irks patients

The city government-run Guzdarabad General Hospital and Maternity Home has been facing acute shortage of medicines for several months which is causing problems for patients, sources informed. They said visiting patients in OPD as well as admitted patients
Published 09 Jun, 2011 12:00am
PIA's top priority is safety of passengers

PIA's top priority is safety of passengers

PIA's foremost priority is the safety of its passengers, PIA spokesman said here on Wednesday. He said that PIA flight PK 323 of Wednesday morning for the sector Lahore - Quetta was delayed due to technical reasons. The aircraft had to go through repair a
Published 09 Jun, 2011 12:00am
Intel unveils 35 innovative research projects

Intel unveils 35 innovative research projects

Intel Labs opened its doors to the media, academia, partners and customers at the ninth annual Research at Intel event, where more than 35 innovative research projects underway were unveiled that will help transform of technology. Additionally, it was ann
Published 09 Jun, 2011 12:00am
Repeated blunders

Repeated blunders

The controversy surrounding Shahid Afridi and his battle with the PCB is unfolding into an all-out war between the opposing sides. A regular tussle, which should have been taken care of within the cricket board has erupted into a media frenzy with both si
Published 09 Jun, 2011 12:00am
Pakistan donates $20,000 for UN memorial

Pakistan donates $20,000 for UN memorial

Reaffirming its full support for Africa's aspirations, Pakistan contributed $20,000 on Tuesday for the construction of a permanent memorial at UN Headquarters in New York to honour the victims of the 400-year transatlantic slave trade.
Published 09 Jun, 2011 12:00am
Turkey offers Syrians refuge; West pushes UN vote

Turkey offers Syrians refuge; West pushes UN vote

Turkey threw open its borders to anxious Syrian refugees on Wednesday and urged their government to curb violence against civilians after thousands abandoned a town near the Turkish frontier in fear of a military assault. With Western public opinion start
Published 09 Jun, 2011 12:00am
Qadhafi forces advance on Misrata

Qadhafi forces advance on Misrata

Thousands of troops loyal to Libyan leader Muammar Qadhafi advanced on the rebel-held western city of Misrata on Wednesday, shelling it from three sides in attacks that killed at least 12 rebels, a rebel spokesman said. The offensive followed a lull in Na
Published 09 Jun, 2011 12:00am
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