News Archives for Print - 2011-07-15

Transfers, postings

Lahore High Court Chief Justice here Thursday has made transfers and postings among two Additional District and Sessions Judges (AD&SJs) and four civil judges-cum-judicial magistrates.

Published 15 Jul, 2011 12:00am

NICL scam case: Supreme Court directs government to take action against DG FIA

The Supreme Court (SC) on Thursday adjourned hearing of National Insurance Company Limited (NICL) scam case till Friday (today) with directives to the government to take disciplinary action against DG FIA Tehseen Anwar Shah. The Attorney General for Pakis

Published 15 Jul, 2011 12:00am

NICL scam case: Supreme Court directs government to take action against DG FIA

The Supreme Court (SC) on Thursday adjourned hearing of National Insurance Company Limited (NICL) scam case till Friday (today) with directives to the government to take disciplinary action against DG FIA Tehseen Anwar Shah. The Attorney General for Pakis

Published 15 Jul, 2011 12:00am

India approves $2.4 billion French Mirage jet upgrade

India has approved a $2.4-billion deal for French defence groups to upgrade 51 ageing Mirage fighter jets, officials said Thursday, as the country takes further steps to boost its military capacity. The long-delayed deal is part of a major modernisation p

Published 15 Jul, 2011 12:00am

India approves $2.4 billion French Mirage jet upgrade

India has approved a $2.4-billion deal for French defence groups to upgrade 51 ageing Mirage fighter jets, officials said Thursday, as the country takes further steps to boost its military capacity. The long-delayed deal is part of a major modernisation p

Published 15 Jul, 2011 12:00am

Lowest water flows in rivers in a decade

The water flows in two major rivers, Indus and Jhelum have fallen to the lowest level in a decade owing to a sharp fall in temperatures in Skardu and other major sources of the rivers after pre-monsoon rains. Punjab Irrigation Engineers have expressed dou

Published 15 Jul, 2011 12:00am

Lowest water flows in rivers in a decade

The water flows in two major rivers, Indus and Jhelum have fallen to the lowest level in a decade owing to a sharp fall in temperatures in Skardu and other major sources of the rivers after pre-monsoon rains. Punjab Irrigation Engineers have expressed dou

Published 15 Jul, 2011 12:00am

Lowest water flows in rivers in a decade

The water flows in two major rivers, Indus and Jhelum have fallen to the lowest level in a decade owing to a sharp fall in temperatures in Skardu and other major sources of the rivers after pre-monsoon rains. Punjab Irrigation Engineers have expressed dou

Published 15 Jul, 2011 12:00am

Karachi situation: extension in tax return filing deadline sought

In view of ongoing law and order situation of Karachi, tax practitioners, chartered accountants and Karachi-based taxpayers have urged the Federal Board of Revenue to immediately notify 15 days extension in due date of filing of sales tax and federal exci

Published 15 Jul, 2011 12:00am

Karachi situation: extension in tax return filing deadline sought

In view of ongoing law and order situation of Karachi, tax practitioners, chartered accountants and Karachi-based taxpayers have urged the Federal Board of Revenue to immediately notify 15 days extension in due date of filing of sales tax and federal exci

Published 15 Jul, 2011 12:00am

Karachi situation: extension in tax return filing deadline sought

In view of ongoing law and order situation of Karachi, tax practitioners, chartered accountants and Karachi-based taxpayers have urged the Federal Board of Revenue to immediately notify 15 days extension in due date of filing of sales tax and federal exci

Published 15 Jul, 2011 12:00am

World Bank meetings with FBR rescheduled

The meetings of World Bank mission with the Federal Board of Revenue have been rescheduled for July 19-31, 2011. The mission will review the FBR plan to achieve revenue collection target of Rs 1,952 billion for 2011-12, implementation of the revised organ

Published 15 Jul, 2011 12:00am

World Bank meetings with FBR rescheduled

The meetings of World Bank mission with the Federal Board of Revenue have been rescheduled for July 19-31, 2011. The mission will review the FBR plan to achieve revenue collection target of Rs 1,952 billion for 2011-12, implementation of the revised organ

Published 15 Jul, 2011 12:00am

World Bank meetings with FBR rescheduled

The meetings of World Bank mission with the Federal Board of Revenue have been rescheduled for July 19-31, 2011. The mission will review the FBR plan to achieve revenue collection target of Rs 1,952 billion for 2011-12, implementation of the revised organ

Published 15 Jul, 2011 12:00am

Stock price performance: non-life insurance sector remained depressed

The stock price performance of the non-life insurance sector remained depressed and decreased by an average 4 percent during the first half of 2011 (January-June 2011), despite sector's first quarter CY11 profits showing healthy growth, analysts said. "We

Published 15 Jul, 2011 12:00am

Stock price performance: non-life insurance sector remained depressed

The stock price performance of the non-life insurance sector remained depressed and decreased by an average 4 percent during the first half of 2011 (January-June 2011), despite sector's first quarter CY11 profits showing healthy growth, analysts said. "We

Published 15 Jul, 2011 12:00am

Stock price performance: non-life insurance sector remained depressed

The stock price performance of the non-life insurance sector remained depressed and decreased by an average 4 percent during the first half of 2011 (January-June 2011), despite sector''s first quarter CY11 profits showing healthy growth, analysts said. "W

Published 15 Jul, 2011 12:00am

EU boosts post-floods aid

Pakistan is set to receive a further 6 million euros (8.5 million dollars) in aid from the European Union to deal with the aftermath of last year's devastating floods, the bloc's executive said Thursday. The decision takes total EU humanitarian aid provid

Published 15 Jul, 2011 12:00am

EU boosts post-floods aid

Pakistan is set to receive a further 6 million euros (8.5 million dollars) in aid from the European Union to deal with the aftermath of last year's devastating floods, the bloc's executive said Thursday. The decision takes total EU humanitarian aid provid

Published 15 Jul, 2011 12:00am

24,000 files stolen from contractor: Pentagon

A foreign intelligence service stole 24,000 computer files in March from a defence contractor developing systems for the US military, a top Pentagon official said Thursday. "This was significant," Deputy Defence Secretary William Lynn told reporters.

Published 15 Jul, 2011 12:00am

24,000 files stolen from contractor: Pentagon

A foreign intelligence service stole 24,000 computer files in March from a defence contractor developing systems for the US military, a top Pentagon official said Thursday. "This was significant," Deputy Defence Secretary William Lynn told reporters.

Published 15 Jul, 2011 12:00am

Rehman tenders apology over Mirza's remarks

Interior Minister Rehman Malik on Thursday apologised over Sindh Senior Minister Dr Zulfiqar Mirza's remarks against Muttahida Qaumi Movement (MQM) and its Quaid Altaf Hussain. President Asif Zardari taking notice of the abusive language used by Zulfiqar

Published 15 Jul, 2011 12:00am

Pakistan's policies highly conducive for FDI: Wajid

Pakistan's investment policies are geared towards an investor-friendly environment with a focus on further opening up the economy and marketing the potential for foreign direct investment (FDI). This was stated by the Pakistan's High Commissioner to the U

Published 15 Jul, 2011 12:00am

Provinces asked to accommodate 16,000 NCHD employees

Leader of the Opposition in the Senate, Maulana Abdul Ghafoor Hyderi, said on Thursday that provincial governments should accommodate 16,000 employees of National Commission for Human Development (NCHD). This, he said, during a meeting with a delegation o

Published 15 Jul, 2011 12:00am

'62 percent Pakistanis do not exercise to remain fit'

According to Gilani Research Foundation survey carried out by Gallup Pakistan, 62 percent Pakistanis do not walk or exercise to remain fit, while only 13 percent exercise daily. In a survey, a nationally representative sample of men and women from across

Published 15 Jul, 2011 12:00am

Wattoo for optimum hydel power generation from Gilgit-Baltistan

Federal Minister for Kashmir Affairs & Gilgit-Baltistan, Mian Manzoor Ahmad Wattoo Thursday underlined the need for devising a comprehensive strategy to utilise hydel and other sources of power generation from Gilgit-Baltistan. The minister said this whil

Published 15 Jul, 2011 12:00am

OGRA denies cylinder failure in coaster fire

A spokesman of OGRA on Thursday denied the reports published in a section of press that the incident of fire in a coaster recently was triggered due to a gas cylinder explosion.

Published 15 Jul, 2011 12:00am

Tax Year 2010: LTUs, RTOs yet to receive new taxpayer audit plan

Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) have not received any new taxpayer audit plan for Tax Year 2010 from the Federal Board of Revenue (FBR) for carrying out composite audit of the sales tax and income taxpayers.

Published 15 Jul, 2011 12:00am

250 lawyers join PTI

As many as 250 lawyers became members of Pakistan Tehrik-e-Insaf lawyers wing here on Thursday. Pakistan Tehrik-e-Insaf started its membership campaign at Lahore High Court Bar Association. PTI lawyers' wing set up a camp at bar premises, which would cont

Published 15 Jul, 2011 12:00am

Kardar's resignation: investors need urgent reassurance

Resignation of Governor State Bank of Pakistan, Shahid H Kardar has added to worries of business community, an official of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) said Thursday. This development has also sent negative signals

Published 15 Jul, 2011 12:00am

75,000 buildings hired for intending pilgrims: Khursheed

Minister of Religious Affairs, Syed Khursheed Ahmed Shah, on Thursday informed Standing Committee on Religious Affairs that about 75,000 buildings have so far been hired for the intending pilgrims. The committee met here under the chairmanship of Moulana

Published 15 Jul, 2011 12:00am

National Assembly session on 21st to discuss Karachi violence, other issues

The 32nd session of the National Assembly has been summoned on July 21 to discuss key issues including Karachi carnage, rigging in recent AJK elections, energy crisis, load shedding and price hike in the country, it is learnt. National Assembly Secretaria

Published 15 Jul, 2011 12:00am

FBR initiates legal proceedings against two cricket players

The Federal Board of Revenue (FBR) has started legal proceedings against two famous players of Pakistan cricket team from Lahore for recovery of income tax under the Income Tax Ordinance 2001. Sources told Business Recorder here on Thursday that th

Published 15 Jul, 2011 12:00am

Two PML-Q leaders appointed advisers to chief minister

Two leaders of Pakistan Muslim League-Q, Syed Aijaz Ali Shah Sheerazi and Haleem Adil Shakih, have been appointed as Advisers to the Sindh Chief Minister. An announcement to this effect was made in an official statement here on Thursday.

Published 15 Jul, 2011 12:00am

Renovation of office of Housing Minister: TI Pakistan points out 'violation' of procurement rules

Public Procure-ment Rules (PPR) 2004 have allegedly been violated in the execution of renovation of the office of Minister for Housing & Works, Faisal Saleh Hayat. The works worth more than Rs 10 million have been executed through PWD without calling publ

Published 15 Jul, 2011 12:00am

Zardari directs Ministry to visit Gilgit Baltistan

President Asif Ali Zardari Thursday directed Ministry of Finance and Planning Commission to visit Gilgit Baltistan to resolve issues related to the development projects. The President also said that Bhasha Dam would be inaugurated soon and also directed f

Published 15 Jul, 2011 12:00am

Yellow Cab Scheme approved by Punjab cabinet

The Punjab Cabinet on Thursday gave formal approval to Yellow Cab Scheme. Under the scheme around 20,000 vehicles will be distributed among the people. The Punjab Cabinet met under the chairmanship of Punjab Chief Minister, Shahbaz Sharif. It also granted

Published 15 Jul, 2011 12:00am

Permission for theatrical activities: LHC seeks record of licences issued since 2006

The Lahore High Court on Thursday sought record of licences issued since 2006 by Punjab Home Department for holding stage dramas and theatrical activities since 2006. The court issued this order in a petition field by owner of Venus Theatre, Sargodha seek

Published 15 Jul, 2011 12:00am

'Modern healthcare is being provided to poor people'

Provincial Minister for Labour, Haji Ehsaan-ud-Din Qureshi has said that provincial government has ensured provision of modern healthcare facilities and free medicines to the poor and resource-less people. The budget for healthcare facilities has been inc

Published 15 Jul, 2011 12:00am

Security provided to business centres, markets: CCPO

Capital City Police Officer (CCPO), Lahore Ahmad Raza Tahir Malik has said security has been provided to the business centers and markets in the city on priority basis. He was speaking at a meeting at the Federation of Pakistan Chamber of Commerce and Ind

Published 15 Jul, 2011 12:00am

LHC seeks reply from Zulqarnain

The Lahore High Court (LHC) here on Thursday issued notice in a petition of former chairman Pakistan Railways CBA union Farid Awan seeking access to the union office. The court sought reply from the present chairman Zulqarnain Akhtar Langrial. Petitioner

Published 15 Jul, 2011 12:00am

Garments exporters set to visit Bangladesh

A delegation of woven garment exporters is set to visit Bangladesh soon to look into the business opportunities there, said the value added sector sources. The sources confided to Business Recorder that the leaders of woven garment industry are als

Published 15 Jul, 2011 12:00am

Sabiha Mansoor takes charge as LCWU vice chancellor

Professor Dr Sabiha Mansoor, a leading educationist, took over the charge as Vice Chancellor of Lahore College for Women University (LCWU). She was accorded a warm welcome at the campus by acting Vice Chancellor Professor Dr Farhat Saleemi, Registrar Dr H

Published 15 Jul, 2011 12:00am

Budget Session 2011: Parliament failed to introduce any reforms: Pildat

A Pakistan Institute of Legislative Development and Transparency (PILDAT) Report analysing from the Citizens' perspective the performance of the 13th National Assembly of Pakistan during Budget Session 2011 laments that despite promises the Government and

Published 15 Jul, 2011 12:00am

Rs 24.18 million sanctioned for kitchen gardening project

An amount of Rs 24.18 million has been approved for Chief Minister, Punjab's initiative of kitchen gardening in urban areas of Punjab. Gestation period of the project is two years and it will be executed through Agri Extension Wing, Vegetable Research Ins

Published 15 Jul, 2011 12:00am

Bilour for early completion of KCR

Japanese Ambassador Hiroshi Oe called on Minister for Railways Haji Ghulam Ahmed Bilour here on Thursday and discussed bilateral issues, including Karachi Circular Railway (KCR) project. The Minister for Railways requested the Japanese envoy for early com

Published 15 Jul, 2011 12:00am

PIEDMC to launch new development projects

Punjab Industrial Estates Development and Management Company (PIEDMC) has decided to launch new development projects worth Rs 1.25 billion during the current fiscal year. The PIE Chairman S M Tanvir revealed this while presided over a meeting here on Thur

Published 15 Jul, 2011 12:00am

PARB extends travel grants to 100 scientists

Punjab Agricultural Research Board (PARB) has extended travel grants to 100 scientists during last two years to attend international conferences/seminars and workshops abroad, providing them an opportunity to present their research paper, build strong col

Published 15 Jul, 2011 12:00am

Advertising, promotional contracts: LHC seeks personal appearance of NHA chief

Lahore High Court here Thursday sought personal appearance of chairman National Highways Authority (NHA) in a petition questioning awarding of advertising and promotional contracts in violation of rules. The court issued this direction as respondent autho

Published 15 Jul, 2011 12:00am

Medical treatment abroad: LHC seeks record of Punjab government employees

Lahore High Court here Thursday sought record of all employees of Punjab government who had enjoyed medical treatment abroad at the state's expense since 1997. On Thursday, a representative of health department appeared before the court and reiterated tha

Published 15 Jul, 2011 12:00am

'ICTs have a positive impact on markets'

Information and Communication Technologies (ICTs) have a positive impact on markets and diffusion of innovations is a key to spread new technologies for the development of modern societies. This was stated by Chairman Pakistan Telecommunication Authority

Published 15 Jul, 2011 12:00am

'Say no to drugs' strategy initiated

Ministry of Narcotics Control under Anti-Narcotics Policy has devised a strategy to make Pakistan a drug-free area by creating awareness among all segments of the society to "say no to drugs". The Ministry held massive awareness campaign to educate young

Published 15 Jul, 2011 12:00am

Munter meets students

US Ambassador Cameron Munter spoke with over 100 Pakistani students gathered on Thursday at a local hotel to kick off their pre-departure orientation for the US government-funded Global Undergraduate (UGRAD) Programme. The UGRAD programme awards cover all

Published 15 Jul, 2011 12:00am

Child Rights Laws Efforts required to ensure implementation

With a view to improve co-ordination amongst various government departments, NGOs and other Civil Society Organisations necessary efforts are required for creating awareness and to ensure implementation of Child Rights Laws. This was stated by the speaker

Published 15 Jul, 2011 12:00am

New load management plan: CNG stations in Pothohar region remain closed

The Compressed Natural Gas (CNG) stations across the Pothohar region remained close on Thursday in accordance with the new gas load-management plan, which created serious problems for the commuters. According to gas load-management plan the CNG stations w

Published 15 Jul, 2011 12:00am

Power supply situation worsens

The power supply situation worsened further on Thursday amidst short supply of generation fuel both on hydel and thermal fronts, pushing more and more consumers to come on streets and protest against the government. According to the latest data provided b

Published 15 Jul, 2011 12:00am

LHC transfers NICL case to D&SJ Lahore

Chief Justice Lahore High Court, Ijaz Ahmad Chaudhry on Thursday transferred National Insurance Corporation Limited (NICL) case against PML-Q MPA Moonis Elahi and others to District and Sessions Judge Lahore. The chief justice also directed the federal go

Published 15 Jul, 2011 12:00am

Speakers pledge to ensure sustainable development without any political interference

Nadeem-ul-Haque, Deputy Chairman Planning Commission has said that there is no easy way forward as status quo will not persist for long and tax culture to be evolved doing away with subsidies. Speaking at the concluding session of a two-day conference alo

Published 15 Jul, 2011 12:00am

Jamaat-e-Islami moves Senate to discuss TI report

The Senate was moved on Thursday to discuss the Transparency International (TI) latest report, which claims an increase in corruption up to Rs 30 trillion in Pakistan during last three years, Rs 18 per kg in LPG prices and the US drone attacks alarmingly

Published 15 Jul, 2011 12:00am

Rehman meets Kundi

Government is utilising all its available resources for socio-economic uplift of the people of Pakistan, while special attentions is being paid to problems of Khyber-Pakhtunkhwa (KP), said Minister for Interior, Rehman Malik here on Thursday.

Published 15 Jul, 2011 12:00am

Eco-Internship Programme at GCU concludes

The Eco-Internship Programme 2011 Wednesday concluded at Government University Lahore which imparted training to as many as 108 Ravians about the conservation of eco-system and Pakistan's natural resources and environmental challenges.

Published 15 Jul, 2011 12:00am

Khyber Pakhtunkhwa flood-affected people need healthcare

The remote areas of Khyber-Pakhtunkhwa hit by last year's devastating floods are still awaiting help for healthcare because government is overlooking social sector despite receiving substantial amount of foreign assistance for the flood-affected persons.

Published 15 Jul, 2011 12:00am

Operations at Customs House suspended

All operations at Customs house, Karachi, on Thursday came to a halt as the life in the city remained paralysed in response to the statement of Zulfiqar Mirza against the country's fourth largest political party, Muttahida Qaumi Movement (MQM). The wave o

Published 15 Jul, 2011 12:00am

Nawaz concerned over Karachi situation

Pakistan Muslim League-Nawaz Quaid, Mian Muhammad Nawaz Sharif Thursday expressed grave concern over the situation in Karachi and asked the government to take immediate steps to reduce tension there. The PML-N Quaid said that that the deteriorating situat

Published 15 Jul, 2011 12:00am

'Political parties should play role to establish peace'

Pakistan Peoples Party's Information Secretary Qamar Zaman Kaira on Thursday said that all political parties must play their crucial role for maintaining peace in Karachi. Kaira distanced his party from Mirza's recent statement and said that the PPP respe

Published 15 Jul, 2011 12:00am

KESC condemns siege of head offices

Karachi Electric Supply Company has condemned besieging of head offices by a violent and hostile mob of union miscreants on Thursday. Security personnel cordoned off adjacent lanes and vacated the office buildings to pre-empt any untoward incident while t

Published 15 Jul, 2011 12:00am

Sindh Secretariat work comes to a halt

Sindh government's work has been halted in almost all offices situated in the buildings and barracks of Sindh Secretariat due to the protest call of Muttahida Qaumi Movement (MQM) against the statement of Dr Zulfiqar Ali Mirza. The new Senior Minister for

Published 15 Jul, 2011 12:00am

Protest demonstrations held in Multan

Muttahida Qaumi Movement (MQM) Multan observed the protest day on Thursday against Wednesday's statement of PPP leader and Sindh's Senior Minister Dr Zulfiqar Mirza, scores of activists of MQM staged a demonstration at Chowk Ghanta Ghar on Thursday.

Published 15 Jul, 2011 12:00am

SECP may adopt code of conduct to curb 'front-running'

Securities and Exchange Commission of Pakistan (SECP) will take measures to curb front-running. In a press release issued on Thursday, the SECP said that integrity, transparency and fairness in the capital markets are critical for protection of investors

Published 15 Jul, 2011 12:00am

No trade or social activity

Trade, commercial, business, academic and social activities in the city, came to a standstill after people took to streets in large number protesting against Zulfiqar Mirza's remarks. Public transport stayed off the road, as the incidents of violence left

Published 15 Jul, 2011 12:00am

PPP distances itself from Mirza's statement

Pakistan Peoples Party has distanced from the statement of Sindh Minister Zulfiqar Mirza against Muttahida Qaumi Movement (MQM) and its leadership, terming it his personal views. A statement issued by PPP Secretary General Jahangir Badar on Thursday said,

Published 15 Jul, 2011 12:00am

Government urged to improve law, order

Former Chairman of Pakistan Poultry Association and former Senior Vice President of Lahore Chamber of Commerce & Industry, Abdul Basit has urged the government to take immediate steps in order to bring peace in Karachi as continuous unrest in the port cit

Published 15 Jul, 2011 12:00am

MQM stages demonstrations against Mirza's diatribe

City-wide demonstrations were held against the remarks of Sindh Senior Minister Zulfiqar Mirza against MQM leadership, here Thursday. The city saw widespread protests after it descended into violence Wednesday night following Mirza's diatribe against Mutt

Published 15 Jul, 2011 12:00am

Please get your facts right Dr Zulfiqar Mirza

When a community is deeply hurt - nobody can shut down its inner fears. Not the best of its well-wishers can really understand the battle it is going through or the wounds inflicted on it. According to an Arabian proverb, a wound caused by words is more p

Published 15 Jul, 2011 12:00am

Mumbai struck again

Terrorists have once again struck Mumbai, India's commercial hub, with deadly ferocity killing a score of people and injuring five times that number. All three nearly-simultaneous blasts, which were apparently triggered by time-devices, took place in the

Published 15 Jul, 2011 12:00am

Constitutionality of CGT on immovable property

The Revenue Advisory Council (RAC) of Federal Board of Revenue (FBR), it is reported in the Press, has recommended imposition of Capital Gains Tax (CGT) on the sale of immovable property. Member Legal, FBR has reportedly obtained "favourable" (sic) opinio

Published 15 Jul, 2011 12:00am

Chaos threatens Philippines' cultural treasures

Thieves and art dealers are the usual suspects, but mildew and flashbulbs are just as dangerous for some of the Philippines' beleaguered cultural treasures. From a 30,000-year-old skull fragment of one of its first human inhabitants to imposing churches b

Published 15 Jul, 2011 12:00am

Russia's Soyuz capsule gains space monopoly

As the space shuttle Atlantis spends its last days in orbit, the space flight community is preparing for a shift in the balance of power. The end of the US space shuttle programme later this month after 30 years will hand Russia's Soyuz spacecraft an unpr

Published 15 Jul, 2011 12:00am

Political Noora-Kushti

With the withdrawal of MQM from the government, the addition of PML (F) to the seats of power, the efforts of PML (N) to create a grand alliance and the refusal of Imran Khan to join it, the politicians of Pakistan are putting every effort to attract the

Published 15 Jul, 2011 12:00am

Partly Facetious: The good doctor can also quote from Shakespeare

"Heat not a furnace for your foe so hot that it do singe yourself."

Published 15 Jul, 2011 12:00am

Tameer Bank CEO honoured

Nadeem Hussain, President & CEO Tameer Microfinance Bank has been selected 'Leader of the Year' by an international panel of microfinance thought leaders at the Sixth Annual Global Microfinance Achievement Awards 2011. The awards recognise those efforts,

Published 15 Jul, 2011 12:00am

Myanmar diplomat defects in Washington

A former Myanmar envoy in Washington says another diplomat at that mission has followed him in seeking political asylum in the United States. Former deputy chief of mission Kyaw Win tells The Associated Press that first secretary Soe Aung defected Wednesd

Published 15 Jul, 2011 12:00am

West Indies women to face Pakistan in day/night affair

Guyana will play hosts to first ever women's day/night match in the Caribbean outside of an International Cricket Council tournament, when West Indies face touring Pakistanis in a Twenty20 doubleheader in September. The two games, at National Stadium at P

Published 15 Jul, 2011 12:00am

Besiktas return Turkish Cup

Turkish Cup winners Besiktas said on Thursday they were returning the trophy to their football federation until cleared in a massive match-fixing probe, the Anatolia news agency reported. The announcement came after Besiktas vice-president Serdal Adali an

Published 15 Jul, 2011 12:00am

Pakistan beat Afghanistan by 90 runs in first T20

Pakistan physically disabled cricket team defeated physically handicapped team of Afghanistan in the opening match of the Two-T20 and three One-Day in the first friendship cricket series, which got under way here at University Campus ground on Thursday.

Published 15 Jul, 2011 12:00am

ECB chief wants Pakistan to reduce political interference

Giles Clarke, Chairman of England & Wales Cricket Board, is prepared to visit Pakistan to make a personal plea to the country's president Asif Ali Zardari to reduce political involvement in the game, The Guardian newspaper reported Thursday.

Published 15 Jul, 2011 12:00am

Arab world's ratings of Obama, US plummet

Two years after US President Barack Obama called in a groundbreaking speech from Cairo for a "new beginning" in relations with the Muslim world, his popularity among Arabs has nose-dived, a poll released Wednesday shows. An overwhelming majority of more t

Published 15 Jul, 2011 12:00am

Sarkozy rushes army chief to Afghanistan after more deaths

President Nicolas Sarkozy on Thursday sent his army chief to Afghanistan to draw up new security measures for French troops there after six more were killed this week in the war-torn country. The move came after Sarkozy summoned government ministers and m

Published 15 Jul, 2011 12:00am

Suicide bomber kills Afghan cleric, three others

A suicide attacker who appears to have concealed his explosives inside a turban killed a senior cleric and at least three other people on Thursday at a funeral service for the assassinated brother of the Afghan president in southern Kandahar city. At leas

Published 15 Jul, 2011 12:00am

Six civilians killed in Nato raid: Afghan officials

Afghan government officials on Thursday accused Nato of killing six civilians, including an 11-year-old girl, during a military operation targeting the al Qaeda-linked Haqqani network. A demonstration broke out after bodies of the dead were carried throug

Published 15 Jul, 2011 12:00am

US begins drawdown of troops from Afghanistan

The first troops to leave Afghanistan as part of the US drawdown handed over their slice of battlefield to a unit less than half their size and started packing for home. When the 650 members of the Iowa National Guard's 1st Squadron, 113th Cavalry Regimen

Published 15 Jul, 2011 12:00am

High police official killed in Dagestan

A top official of the paramilitary police has been assassinated in Russia's violence-plagued Caucasus republic of Dagestan and another policeman was killed in clash with suspected militants in neighbouring Chmchnya. Dagestan Interior Ministry spokesman Vy

Published 15 Jul, 2011 12:00am

Four killed in Syria as West pushes for UN action

Security forces killed four people in Syria on Thursday and used heavy machine-guns against protesters, rights groups said, as the West keeps pushing for UN action against President Bashar al-Assad's regime. The Syrian Observatory for Human Rights reporte

Published 15 Jul, 2011 12:00am

Western Europeans say China will overtake US

A poll in Europe finds that most West Europeans believe that China has either supplanted or will supplant the United States as the world's leading power. The findings are part of a 22-nation poll Wednesday by the non-partisan Pew Research Center.

Published 15 Jul, 2011 12:00am

Arabs to seek full Palestinian upgrade at UN

The Arab League will ask the United Nations to upgrade the Palestinians to full member status, a draft statement from a league meeting in Qatar said on Thursday. "It was decided to go to the United Nations to request the recognition of the state of Palest

Published 15 Jul, 2011 12:00am

Bangladesh court to try top Islamist over war crimes

A Bangladeshi court said on Thursday there was enough evidence to prosecute an Islamist leader on charges of war crimes such as genocide, murder and rape during the country's 1971 liberation struggle. Judges of Bangladesh's International Crimes Tribunal,

Published 15 Jul, 2011 12:00am

Indian Prime Minister vows swift justice for Mumbai victims

Indian Prime Minister Manmohan Singh on Thursday vowed that those responsible for a series of bomb blasts that killed 17 in Mumbai would be tracked down and prosecuted, as he visited the injured. "Perpetrators of (the) Mumbai blasts shall be pursued relen

Published 15 Jul, 2011 12:00am

German sues government to remove US nuclear warheads

A peace activist is suing the German government demanding US nuclear weapons be removed from a military base near her home, although their presence has never been confirmed, a court spokesman said on Thursday. Some 20 US nuclear warheads are thought to be

Published 15 Jul, 2011 12:00am

Fallen German media mogul Leo Kirch dies

German former media mogul Leo Kirch died on Thursday at the age of 84, closing the book on the spectacular rise and fall of a man who helped create commercial German television. "He died this morning in Munich," southern Germany, a spokesman told AFP, ind

Published 15 Jul, 2011 12:00am

Sanchez wins 12th stage

Olympic champion Samuel Sanchez of Euskaltel claimed his maiden Tour de France stage victory on the 211km 12th stage from Cugnaux to Luz Ardiden on Thursday. Frenchman Thomas Voeckler, of Europcar, upset the formbook to retain the race leader's yellow jer

Published 15 Jul, 2011 12:00am

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	154.72
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20
France CAC40 / Jan 30	7,941.64
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Petrol/Litre / Jan 31	256.13
Crude Oil USD/Barrel / Jan 31	72.68
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,793
Diesel/Litre / Jan 31	260.95

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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