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Nov 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-07-14
Dollar Libor rises

Dollar Libor rises

The cost of raising US dollars for eurozone banks rose for a second day running on Wednesday as the region's deepening debt crisis made access to the safe-haven greenback more difficult. The rate at which banks on the Libor panel thought they could obtain
Published 14 Jul, 2011 12:00am
Sterling jumps versus dollar

Sterling jumps versus dollar

Sterling jumped against a weak dollar on Wednesday after US Federal Reserve chairman Ben Bernanke hinted at the possibility of more monetary policy easing if the economy weakens and inflation moves lower. The US currency fell broadly in response, pushing
Published 14 Jul, 2011 12:00am
Euro finds reprieve in Asia

Euro finds reprieve in Asia

The euro found some reprieve on Wednesday from a plunge since the start of the week and commodity currencies rose after upbeat Chinese data comforted market players gripped by fears that the eurozone debt crisis could spiral out of control.
Published 14 Jul, 2011 12:00am
Euro recovers in London

Euro recovers in London

The euro bounced on Wednesday, gaining a reprieve from this week's sell off, while commodity currencies rose after upbeat Chinese data comforted investors fretting that the eurozone debt crisis could trigger a global slowdown. But concerns about the crisi
Published 14 Jul, 2011 12:00am
Early trade in New York: dollar falls sharply

Early trade in New York: dollar falls sharply

The dollar fell against most major currencies on Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank could resort to more monetary stimulus if a sluggish US economy weakens further. That pushed the euro near $1.42, moving it furthe
Published 14 Jul, 2011 12:00am
Euro sinks in New York

Euro sinks in New York

The euro fell to its lowest level against the dollar in four months and hit another record low against the Swiss franc on Tuesday on fears that eurozone leaders are failing to contain risks of peripheral debt. The eurozone debt crisis is far from resolved
Published 14 Jul, 2011 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 74.52/74.53 (previous 74.47/74.49). Call Money Rates: 10.00-12.00 percent (previous 8.50-12.00 percent).
Published 14 Jul, 2011 12:00am
Swiss franc falls

Swiss franc falls

The Swiss franc dropped off its record high against the euro on Wednesday and also fell against the dollar as upbeat Chinese data offset the gloom surrounding the eurozone's debt problems. Mounting worries about the eurozone's ability to get a grip on its
Published 14 Jul, 2011 12:00am
Yuan rises

Yuan rises

The yuan ended firmer versus the dollar on Wednesday after the People's Bank of China set a slightly higher mid-point, tracking the dollar's pullback. Spot yuan finished at 6.4676, stronger than Tuesday's close of 6.4722. It has now appreciated 5.54 perce
Published 14 Jul, 2011 12:00am
Indian rupee up

Indian rupee up

The Indian rupee strengthened on Wednesday, snapping its two-day losing trend, powered by the euro's bounce against the dollar and strong local shares, but traders said it may not hold gains as the single currency looks vulnerable. The partially convertib
Published 14 Jul, 2011 12:00am
Won, baht and peso up

Won, baht and peso up

Hedge funds stepped up buying emerging Asian currencies on Wednesday after China's growth data alleviated worries about a slowing global economy while the South Korean won found further support from bond inflows. Asian currencies may also gain thanks to h
Published 14 Jul, 2011 12:00am
Australian and New Zealand dollars rise

Australian and New Zealand dollars rise

The Australian and New Zealand dollars climbed on Wednesday, recouping a good chunk of recent losses after upbeat Chinese data helped offset worries about the euro zone debt crisis. China, a major trading partner of Australia and New Zealand, has been tig
Published 14 Jul, 2011 12:00am
Chile edge out Peru in Copa

Chile edge out Peru in Copa

Chile edged out Peru 1-0 in their Pacific 'clasico' on Monday to win Group C at the Copa America. Both sides went into their group finale on four points, enough to see both sides into the quarter-finals. But it was a largely turgid affair which Peruvian d
Published 14 Jul, 2011 12:00am
Forlan equals Uruguayan caps mark

Forlan equals Uruguayan caps mark

Veteran striker Diego Forlan on Tuesday won his 79th cap, equalling a Uruguayan record held by former keeper Rodolfo Rodriguez, as he ran out to face Mexico at the Copa America. Uruguay needed a win to ensure qualification for the quarter-finals, which wo
Published 14 Jul, 2011 12:00am
Indonesia sacks national team coach

Indonesia sacks national team coach

The newly-elected head of the Indonesian Football Association has sacked national team coach Alfred Riedl, an association spokesman said Wednesday. "Yes it's official. The newly appointed head has fired Alfred Riedl today," PSSI spokesman Tubagus Adhi tol
Published 14 Jul, 2011 12:00am
Blackburn to be first EPL team in India

Blackburn to be first EPL team in India

Indian-owned Blackburn Rovers are set to become the first English Premier League side to play in India, taking part in an exhibition match in the western city of Pune later this month. Blackburn, bought by Indian poultry giant Venky's in November, will me
Published 14 Jul, 2011 12:00am
Arsenal beat Malaysia 4-0

Arsenal beat Malaysia 4-0

Arsenal started their pre-season Asian tour with a resounding 4-0 victory over a spirited Malaysia side at the Bukit Jalil National Stadium on Wednesday. The Gunners, who last played in Malaysia 12 years ago, will next play in China on Saturday. All eyes
Published 14 Jul, 2011 12:00am
Cavendish's 18th victory on Tour's 11th stage

Cavendish's 18th victory on Tour's 11th stage

British sprint king Mark Cavendish made amends for defeat by German rival Andre Greipel by notching up his 18th career victory in the Tour de France in the race's 11th stage on Wednesday. Frenchman Thomas Voeckler, of Europcar, retained the yellow jersey
Published 14 Jul, 2011 12:00am
Marseille tighten security

Marseille tighten security

Marseille have set up security patrols outside the homes of their players after Brazilian defender Vitorino Hilton became the latest victim of burglaries targeting the club's playing staff. The 33-year-old centre-back was at home with 10 members of his fa
Published 14 Jul, 2011 12:00am
Asians ready to strike at British Open: Choi

Asians ready to strike at British Open: Choi

K.J. Choi believes the demanding conditions at this week's British Open can level the playing field to the benefit of the Asian contingent at Royal St Georges. The veteran Korean star, riding high after his victory at the Players Championship in May, is p
Published 14 Jul, 2011 12:00am
Independence Day Golf begins

Independence Day Golf begins

Independence Day Cup Open Golf Championship 2011 will be held at the Defence Authority Country & Golf Club from July 14 to 17. About 400 golfers including 100 professionals from all over the country are expected to take part in the tournament. Of these 20
Published 14 Jul, 2011 12:00am
Aisam expresses disappointment over Davis Cup performance

Aisam expresses disappointment over Davis Cup performance

Pakistan's tennis star Aisam-ul-Haq Qureshi expressed his disappointment over his performance in the Davis Cup. Pakistan was beaten 0-4 by Korea in the tie with Aisam losing in both singles and doubles matches. Aisam returned home after participating in t
Published 14 Jul, 2011 12:00am
Hewitt, Federer clash on cards after Davis Cup draw

Hewitt, Federer clash on cards after Davis Cup draw

Australia will host Switzerland in September's World Group Davis Cup playoffs, setting up a potential clash between Lleyton Hewitt and Roger Federer. Switzerland have lost all four previous meetings against the Aussies, including the 2003 World Group semi
Published 14 Jul, 2011 12:00am
Adam debut as Liverpool win in China

Adam debut as Liverpool win in China

Liverpool were rocked by two late goals from lowly Guangdong Sunray Cave Wednesday but survived to win 4-3 at the start of their Asian tour. The 18-time English champions, boosted by new signing Charlie Adam's first appearance and a goal-scoring debut fro
Published 14 Jul, 2011 12:00am
Ton of tons no concern to Tendulkar

Ton of tons no concern to Tendulkar

Sachin Tendulkar is on the brink of yet another record-breaking achievement as he heads into next week's first Test against England at Lord's just one century away from 100 international hundreds. But the 'Little Master' insists he is not thinking of pers
Published 14 Jul, 2011 12:00am
PCB concerned over task force report

PCB concerned over task force report

Pakistani cricket authorities on Wednesday voiced concern over the International Cricket Council's proposals for overhauling the sport in the troubled country. The Pakistan Task Team (PTT), set up by cricket's governing body, presented a report at an ICC
Published 14 Jul, 2011 12:00am
Transfers, postings of judges

Transfers, postings of judges

The Lahore High Court Chief Justice Ijaz Ahmad Chaudhry here on Wednesday made transfers and postings amongst 20 civil judges-cum-judicial magistrates.
Published 14 Jul, 2011 12:00am
Petition dismissed

Petition dismissed

Lahore High Court (LHC) here on Wednesday dismissed as withdrawn a petition challenging the functioning of USaid in Pakistan. The petitioner-lawyer Salman Akram Raja sought permission to withdraw his case and court allowed the same. The counsel has reques
Published 14 Jul, 2011 12:00am
Osama had advance knowledge of London subway, bus attacks

Osama had advance knowledge of London subway, bus attacks

Osama bin Laden was aware of the plot in which al Qaeda militants bombed London transport facilities on July 7, 2005, but it was the last successful operation he played a role in, US government experts have concluded.
Published 14 Jul, 2011 12:00am
Wateen Telecom to develop fibre optic network in Balochistan

Wateen Telecom to develop fibre optic network in Balochistan

Wateen Telecom Ltd, Pakistan's leading telecommunications company, has been awarded a PKR 2.4 billion project to develop an extensive optical fibre network in Balochistan. The project, called USF Balochistan Package 4 (BP-4), entails the laying of over 1,
Published 14 Jul, 2011 12:00am
LHC disposes of petition against non-provision of jobs

LHC disposes of petition against non-provision of jobs

The Lahore High Court (LHC) here on Monday disposed of a petition against non-provision of jobs to the family members of policemen died in GPO Chowk bomb blast in 2008 as SSP (admin) informed petitioner was not eligible under the policy. He said under the
Published 14 Jul, 2011 12:00am
PCSIR, Madina Group of Industries sign MoUs

PCSIR, Madina Group of Industries sign MoUs

Pakistan Council of Scientific and Industrial Research (PCSIR) and Madina Group of Industries, Faisalabad, on Wednesday signed four memorandum of understandings (MoUs) to enhance research and industrial linkage for high quality products of international s
Published 14 Jul, 2011 12:00am
Government urged to declare US envoy as persona-non-grata

Government urged to declare US envoy as persona-non-grata

The Lahore High Court Bar Association (LHCBA) has demanded federal government to declare US ambassador as persona-non-grata for arranging a gay and lesbian party at US embassy in Islamabad. LHCBA here on Wednesday adopted a resolution unanimously and cond
Published 14 Jul, 2011 12:00am
Honour killing issue to be portrayed through art today

Honour killing issue to be portrayed through art today

A collection of 44 paintings and installations by over 35 artists will be displayed here on Thursday at Jharoka Art Gallery to highlight and condemn 'Honour Killing'. The interactive art exhibition will be followed by various sessions including video pres
Published 14 Jul, 2011 12:00am
Martyrs Day: Kashmiri-American Council endorses peaceful protest

Martyrs Day: Kashmiri-American Council endorses peaceful protest

The Kashmiri-American Council has fully endorsed the APHC call for peaceful protest on Martyrs Day on Wednesday in recognition of sacrifices rendered by all those who laid down their lives for the cause of Kashmiris' freedom.
Published 14 Jul, 2011 12:00am
McCain calls for special cybersecurity panel

McCain calls for special cybersecurity panel

Veteran US Senator John McCain on Wednesday urged the creation of a special Senate committee on cybersecurity and electronic intelligence leaks to cut through legislative delays to crafting a US response. McCain requested the move in a letter to Democrati
Published 14 Jul, 2011 12:00am
Feds eye CIA officer in prisoner death

Feds eye CIA officer in prisoner death

A CIA officer who oversaw the agency's interrogation program at the Abu Ghraib prison in Iraq and pushed for approval to use increasingly harsh tactics has come under scrutiny in a federal war crimes investigation involving the death of a prisoner, witnes
Published 14 Jul, 2011 12:00am
Global whaling body adopts anti-corruption reform

Global whaling body adopts anti-corruption reform

The International Whaling Commission (IWC) changed Wednesday the way its 89 member nations pay fees, adopting a British proposal to boost transparency and discourage alleged influence-peddling. Debate at the IWC's 63rd annual meeting, which closes on Thur
Published 14 Jul, 2011 12:00am
Clinton to visit India as planned despite attacks

Clinton to visit India as planned despite attacks

US Secretary of State Hillary Clinton condemned as "despicable" bomb attacks in Mumbai Wednesday that left at least 20 people dead, vowing not to delay her trip next week to India. "We condemn these despicable acts of violence designed to provoke fear and
Published 14 Jul, 2011 12:00am
Clinton to visit India as planned despite attacks

Clinton to visit India as planned despite attacks

US Secretary of State Hillary Clinton condemned as "despicable" bomb attacks in Mumbai Wednesday that left at least 20 people dead, vowing not to delay her trip next week to India. "We condemn these despicable acts of violence designed to provoke fear and
Published 14 Jul, 2011 12:00am
New York cotton springs back

New York cotton springs back

Cotton futures closed higher on Wednesday on investor short-covering as the market recovered from a fall to a nine-month low after US Federal Reserve Chairman Ben Bernanke raised the possibility of more stimulus which alleviated for now worries of a flagg
Published 14 Jul, 2011 12:00am
US copper rises

US copper rises

Copper ended higher on Tuesday, recovering some lost ground from two days of selling, as a positive turnaround in US equities helped investors mitigate some risk from the ongoing debt crisis in Europe. In New York, the benchmark September COMEX contract c
Published 14 Jul, 2011 12:00am
Shanghai copper up

Shanghai copper up

Copper rose on Wednesday, backed by better-than-expected Chinese growth and hopes of further monetary policy easing by the US Federal Reserve. The most-active September copper contract on the Shanghai Futures Exchange jumped nearly 1.9 percent to 72,460 y
Published 14 Jul, 2011 12:00am
Copper stays flat

Copper stays flat

Copper briefly rallied on Wednesday before closing flat after comments by Federal Reserve Chairman Ben Bernanke suggested the United States is considering further easing, while better-than-expected economic data from China buttressed sentiment. Three-mont
Published 14 Jul, 2011 12:00am
World oil rises on Bernanke comments

World oil rises on Bernanke comments

Oil futures rose for a second day on Wednesday, as US Federal Reserve Chairman Ben Bernanke signalled more stimulus coming if the economy weakens, and US crude inventories fell more than expected last week. The dollar fell sharply, making oil and other co
Published 14 Jul, 2011 12:00am
Tokyo, Shanghai rubber up

Tokyo, Shanghai rubber up

Tokyo rubber futures jumped 3.6 percent on Wednesday on the back of rebounding stocks and firmness in other commodities, which triggered speculative buying in rubber after recent falls, dealers said. The benchmark rubber contract on the Tokyo Commodity Ex
Published 14 Jul, 2011 12:00am
New York sugar jumps

New York sugar jumps

Raw sugar futures rallied to end near a two-week peak on Tuesday as fears the cane crop in No 1 producer Brazil will shrink further stoked a rally. Coffee declined and cocoa closed barely higher, as both markets came under early pressure from renewed worr
Published 14 Jul, 2011 12:00am
Malaysian palm oil bounces

Malaysian palm oil bounces

Malaysian palm oil futures rebounded on Wednesday as a US government report showing tight grain stocks owing to rising biofuel use spurred concerns over the prospect of limited food supplies. A US Department of Agriculture report showed corn stocks have h
Published 14 Jul, 2011 12:00am
Liffe sugar hits record peak

Liffe sugar hits record peak

Liffe August white sugar ended $19.30 higher at $876.30 a tonne on Wednesday after earlier setting a record peak of $890.10. Market boosted by strong gains across commodities linked to a weaker dollar as well as to diminishing prospects for the crop in to
Published 14 Jul, 2011 12:00am
US gold rallies to all-time high

US gold rallies to all-time high

Gold rallied to near its all-time high on Tuesday, as investors sought a safe haven on fears that European officials were failing to stop a debt crisis from spreading and uncertainty related to frantic US talks to raise its debt limit. Bullion has gained
Published 14 Jul, 2011 12:00am
Gold flat in Asia

Gold flat in Asia

Spot gold was flat on Wednesday, holding on to its 5-percent gain of the past seven sessions and hovering near its record high as growing fears of a eurozone debt contagion burnished its safe-haven appeal. Spot gold was flat at $1,565.81 an ounce by 0617
Published 14 Jul, 2011 12:00am
Gold hits record high in European trade

Gold hits record high in European trade

Gold prices hit a record $1,580.70 an ounce on Wednesday as concerns over the eurozone debt crisis deepened, and after minutes to the Federal Reserve's June meeting suggested some members were pondering the need for additional monetary easing. Spot gold w
Published 14 Jul, 2011 12:00am
US MIDDAY: sugar rises

US MIDDAY: sugar rises

US sugar futures soared early on Wednesday after the US Federal Reserve Chairman suggested the possibility of more stimulus to a faltering US economy. New York's October raw sugar contract increased 0.33 cent to trade at 30.82 cents per lb, as it touched
Published 14 Jul, 2011 12:00am
US MIDDAY: grains soar

US MIDDAY: grains soar

Grains futures surged early on Wednesday as the possibility of more fiscal stimulus measures in the United States sparked a commodities rally. Chicago Board of Trade corn for December delivery gained 3.3 percent, or 21-3/4 cents, to $6.79-3/4 per bushel a
Published 14 Jul, 2011 12:00am
US MIDDAY: copper flat

US MIDDAY: copper flat

Copper ended flat on Wednesday, failing to build on an earlier rally sparked by indications that the Federal Reserve was ready to stimulate the world's largest economy further, if needed. In New York, the key September COMEX contract managed to settle up
Published 14 Jul, 2011 12:00am
US MIDDAY: gold surges to record high

US MIDDAY: gold surges to record high

Gold surged to a record near $1,590 an ounce on Wednesday as the possibility of more Federal Reserve stimulus coupled with Europe's deepening debt crisis fuelled bullion's longest winning streak in five years. Bullion's gains accelerated after Federal Res
Published 14 Jul, 2011 12:00am
Professor Zahoor honoured

Professor Zahoor honoured

Tehreek-e-Istehkam-e-Pakistan Council has conferred on "Quaid-e-Azam Gold Medal Award" to Punjab University Institute of Chemical Engineering and Technology Director Professor Dr Syed Zahoor-ul-Hassan Rizvi, in recognition of his meritorious services in t
Published 14 Jul, 2011 12:00am
MQM condemns shifting of jailed party workers

MQM condemns shifting of jailed party workers

The Muttahida Qaumi Movement (MQM) co-ordination committee member Iftikhar Randhawa has strongly condemned the shifting of the jailed party workers to interior Sindh. He blasted over Pakistan People's Party (PPP) for torturing the jailed MQM workers. It a
Published 14 Jul, 2011 12:00am
Kashmir Martyrs' Day observed in Sialkot, Narowal districts

Kashmir Martyrs' Day observed in Sialkot, Narowal districts

The Kashmir Martyrs Day was observed throughout Sialkot and Narowal districts by the refugees from the occupied Jammu and Kashmir settled in both the districts on Wednesday. The daylong programmes started with special prayers for the solidarity, unity and
Published 14 Jul, 2011 12:00am
FAP seminar on July 15

FAP seminar on July 15

Farmers Associates Pakistan (FAP) is organising a seminar to discuss the impact of proposed increase in gas prices and imposition of General Sales Tax (GST) on Fertiliser Industry, on agricultural production and farmer's productivity on July 15, 2011.
Published 14 Jul, 2011 12:00am
Medical Superintendents asked to help save energy

Medical Superintendents asked to help save energy

Secretary Health Punjab Mohammad Jehanzeb Khan has directed the Medical Superintendents of public sector hospitals to take immediate steps to check the energy consumption and use energy savers in place of tube lights apart from switching off unnecessary l
Published 14 Jul, 2011 12:00am
Unscheduled power outages hitting industry badly

Unscheduled power outages hitting industry badly

Unscheduled and long electricity load shedding adversely hitting the productivity in Sialkot which is an important hub of economic and cottage industry of the country. Sialkot is only export-oriented city in Pakistan where 99 percent items produced and ar
Published 14 Jul, 2011 12:00am
Ashiana Housing Scheme: LHC adjourns hearing till September 13

Ashiana Housing Scheme: LHC adjourns hearing till September 13

Lahore High Court Chief Justice Ijaz Ahmad Chaudhry here Wednesday adjourned to September 13 the hearing for final arguments in a petition questioning the Ashiana Housing Scheme. Appearing before the court, the law officer Hanif Khatana contended that dra
Published 14 Jul, 2011 12:00am
P@SHA launches Social Innovation Fund

P@SHA launches Social Innovation Fund

Pakistan Software House Association (P@SHA) on Wednesday announced a launching of Rs 20 million Social Innovation Fund with the seed money provided by Google Inc in the form of grant. While addressing a press conference President of P@SHA Jahan Ara along
Published 14 Jul, 2011 12:00am
Woman drowned in canal

Woman drowned in canal

A woman drowned in a canal near Khan Bela, 35 kilometres from here on Wednesday. Police said Salma Bibi w/o Muhammad Asif was washing clothes on the bank of canal 4-LR when she fell into water and drowned. Police recovered the body from the canal near Bal
Published 14 Jul, 2011 12:00am
Campaign against adulteration launched

Campaign against adulteration launched

A campaign has been launched against adulteration in the district on Wednesday. District Co-ordination Officer (DCO) Dr Naeem Rauf while presiding over a meeting said that strict action would be taken against culprits involved in adulteration.
Published 14 Jul, 2011 12:00am
Shab-e-Barat: CCPO orders strict action against makers of fireworks

Shab-e-Barat: CCPO orders strict action against makers of fireworks

Capital City Police Officer (CCPO), Ahmad Raza Tahir has, on the sacred occasion of 'Shab-e-Barat' ordered launching vigorous campaign against those who manufacture fireworks or indulge in its sale and purchase. CCPO has also directed taking strict action
Published 14 Jul, 2011 12:00am
'New trade policy should focus on promotion of non-traditional items'

'New trade policy should focus on promotion of non-traditional items'

President of Multan Chamber of Commerce and Industry (MCCI) Shahid Naseem Khokhar has suggested that upcoming trade policy should focus on promotion of export of non-traditional items as country's concentration on a few items. In a press statement issued,
Published 14 Jul, 2011 12:00am
Date for Karachi University convocation forms extended

Date for Karachi University convocation forms extended

The annual convocation of the University of Karachi would be held later this year. This was stated by a senior official of Karachi University on Wednesday. Meanwhile, the date for the submission of the registration forms for the convocation has been exten
Published 14 Jul, 2011 12:00am
UBL Funds announces payouts for funds

UBL Funds announces payouts for funds

UBL Fund Managers Limited announced payouts from its open-end funds for the period ended June 30, 2011. UBL Funds is a wholly owned subsidiary of United Bank Limited, and currently managing assets of Rs 29 billion (as of July 10, 2011). The company enjoys
Published 14 Jul, 2011 12:00am
UBL Funds announces payouts for funds

UBL Funds announces payouts for funds

UBL Fund Managers Limited announced payouts from its open-end funds for the period ended June 30, 2011. UBL Funds is a wholly owned subsidiary of United Bank Limited, and currently managing assets of Rs 29 billion (as of July 10, 2011). The company enjoys
Published 14 Jul, 2011 12:00am
Appointment

Appointment

Board of Directors of EFU General Insurance Ltd, at a meeting the other day, appointed Hasanali Abdullah as Chief Executive.
Published 14 Jul, 2011 12:00am
Scentsation, Orix sign agreement

Scentsation, Orix sign agreement

SCENTSATION, Pakistan's leading luxury retailer in the fragrance industry has signed an agreement with Orix Leasing Pakistan Ltd for their Loyalty Card Programme. Scentsation provides the latest and premium selection of International brands across product
Published 14 Jul, 2011 12:00am
Dr Mazari condemns drone attacks

Dr Mazari condemns drone attacks

Dr Shireen Mazari, vice president Pakistan Tehreek-e-Insaf (PTI) for policy planning, national security and foreign affairs, has welcomed Pakistan military's decision to combat terrorism using national resources. However, on behalf of the PTI, she pointed
Published 14 Jul, 2011 12:00am
District hospitals, units to work under Sindh health department

District hospitals, units to work under Sindh health department

With the abolishment of the Sindh Local Government Ordinance 2001, most of the health units in the province have come under the control of Sindh health department. Sources said on Wednesday that there were 18 District Headquarter Hospitals, 44 Taluka Head
Published 14 Jul, 2011 12:00am
Pizza Hut, PSO deepen strategic partnership

Pizza Hut, PSO deepen strategic partnership

Pizza Hut Pakistan and Pakistan State Oil have deepened their strategic partnership by signing up an MoU that gives Pizza Hut Pakistan visibility at over 150 PSO outlets across Pakistan. Under the terms of the deal, Pizza Hut will place their advertising
Published 14 Jul, 2011 12:00am
Cherat gets new security symbol

Cherat gets new security symbol

Due to change of name, the National Clearing Company of Pakistan Limited (NCCPL) has assigned new security symbol ie "CPPL" to Cherat Packaging Limited, in place of Cherat Papersack Limited "CPSL". According to a notice issued here on Wednesday, the new s
Published 14 Jul, 2011 12:00am
Need stressed to promote polytunnel farming

Need stressed to promote polytunnel farming

President, Chamber of Agriculture Karachi Sindh, Abdullah Rafi has emphasised the need for promoting poly tunnel farming in the country to meet growing vegetables demand. He said that the facility of growing on season, off-season vegetable also allows for
Published 14 Jul, 2011 12:00am
Gas shortage: Pakistan Steel designs alternative plan

Gas shortage: Pakistan Steel designs alternative plan

Pakistan Steel Mills Corporation has designed an alternative plan to continue production, after a written intimation by Sui Southern Gas Company (SSGC) for the short supply of gas. The SSGC letter conveyed the gas utility that due to annual maintenance wo
Published 14 Jul, 2011 12:00am
Sindh government set to establish CPC at police stations

Sindh government set to establish CPC at police stations

As the restoration of Commissionrate system in Sindh, the provincial government is all set to establish community policing cell (CPC) at all city's police stations. According to details, the Sindh government is going to replace Police Order, 2002 with Pol
Published 14 Jul, 2011 12:00am
Drive against encroachment kicks off

Drive against encroachment kicks off

District Administration of the provincial capital on Wednesday started operation cleanup against encroachment in Shoba Bazaar, Khyber bazaar and Bajori Gate areas. The drive was initiated after the expiry of notices served on the traders. Officials of Tra
Published 14 Jul, 2011 12:00am
Dr Altaf joins DIHE

Dr Altaf joins DIHE

Professor Dr S Altaf Hussain (Pride of Performance), has joined Dadabhoy Institute of Higher Education (DIHE) in the capacity of Rector with effect from 27 June, 2011. The DIHE has been chartered by the government of Sindh and has been placed in the highe
Published 14 Jul, 2011 12:00am
IJT condemns mounting mugging incidents at Karachi University

IJT condemns mounting mugging incidents at Karachi University

Nazim Islami Jamiat-e-Tulba Karachi University (KU) Abdul Muqtadar Ghazi has vehemently condemned the increasing incidents of theft and robberies inside varsity premises, saying it has unveiled lacunae in KU security system besides showing incompetence of
Published 14 Jul, 2011 12:00am
PML-Q to join Sindh cabinet

PML-Q to join Sindh cabinet

Pakistan Muslim League Q in the larger national interest has decided to join the Sindh government. According to a press release issued here Wednesday, PML Sindh Assembly members Sheryar Mehar and Mohammad Ali Malkani will be sworn in as provincial ministe
Published 14 Jul, 2011 12:00am
Youth commits suicide

Youth commits suicide

A youth committed suicide due to some domestic issues, near here on Wednesday. Police said 22-year-old Ahmed Rasheed of 76-EB took his life by hanging from a tree. Police started the investigation.
Published 14 Jul, 2011 12:00am
Japanese envoy concerned over security issues

Japanese envoy concerned over security issues

Japan has shown its deep concern about the security issues in Pakistan and demanded of the government to take concrete steps for the safety of their investors. The message has been conveyed to Chairman Board of Investment Saleem H Mandviwalla by Hiroshi O
Published 14 Jul, 2011 12:00am
Fafen launches accountability and electoral processes

Fafen launches accountability and electoral processes

The Free and Fair Election Network (FAFEN) with financial assistance of UK Department for International Development (DFID), Embassy of Netherlands and the Asia Foundation (AF) has launched its 'Supporting Transparency, Accountability and Electoral process
Published 14 Jul, 2011 12:00am
Khyber Pakhtunkhwa Governor for efforts towards restoring peace in Fata

Khyber Pakhtunkhwa Governor for efforts towards restoring peace in Fata

The Khyber Pakhtunkhwa Governor, Barrister Masood Kausar on Wednesday said that the government has top priority to restore everlasting peace, democracy and development in Fata, which would be achieved very shortly. Addressing at the oath taking ceremony o
Published 14 Jul, 2011 12:00am
Protest demonstration held against government, US, Taliban

Protest demonstration held against government, US, Taliban

Majlis-e-Wahdat-ul-Muslimeen (MWM) and Youth of Parachinar on Wednesday held a protest demonstration against siege of Parachinar, continuation of anti-people government policies and rising influence of United States across the country. The peaceful demons
Published 14 Jul, 2011 12:00am
Bus explosion: investigators rule out any disruptive activity

Bus explosion: investigators rule out any disruptive activity

Investigators dispelled the impression of any disruptive activity in Tuesday's bus explosion at Islamabad Expressway, saying that the blast was neither cylinder explosion nor by explosive, but it depicts that the explosion occurred due to gas leakage from
Published 14 Jul, 2011 12:00am
The Weather

The Weather

The weather report on Wednesday (July 13, 2011) and the forecast for Thursday (July 14, 2011).

Published 14 Jul, 2011 12:00am
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