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Print - 2011-08-12
HEC ranks Bahria University amongst top universities

HEC ranks Bahria University amongst top universities

Bahria University now stands amongst the top universities of Pakistan after being awarded "W" category by Higher Education Commission (HEC) for maintaining the highest educational quality standards. This is the highest ranking given to those universities
Published 12 Aug, 2011 12:00am
Cotton growers advised to irrigate crops as per need

Cotton growers advised to irrigate crops as per need

The Met Office has said that temperature in some central and southern parts of Balochistan and upper Sindh may surge from 40 to 45 degree centigrade in the next five days, advising the cotton growers to irrigate crops as per need.
Published 12 Aug, 2011 12:00am
More rains forecast for next 24 hours

More rains forecast for next 24 hours

With chances of more rains in the next 24 hours, the city on Thursday received first spells of monsoon thundershowers, which reduced temperature to 26 degree centigrade, but also affected trade and business activities in markets. Traders said the overnigh
Published 12 Aug, 2011 12:00am
26th Naat Contest at Arts Council

26th Naat Contest at Arts Council

The 26th annual Naat contest will be held on August 16, here at Arts Council of Pakistan. According to an announcement on Thursday, Pakistan Crescent Youth Organisation (PCYO) in collaboration with National Forum for Environment and Health and Ansari Foun
Published 12 Aug, 2011 12:00am
Ramazan offer: Etihad reduces fares to Dubai

Ramazan offer: Etihad reduces fares to Dubai

Etihad Airways, the national carrier of the United Arab Emirates, is offering a range of reduced rates on Coral Economy Class for travel to Dubai and Sharjah, via their home-base Abu Dhabi from Islamabad, Karachi, Lahore, and Peshawar during Ramazan. The
Published 12 Aug, 2011 12:00am
KESC carries out repair work after first monsoon spell

KESC carries out repair work after first monsoon spell

Karachi Electric Supply Company (KESC) has invoked rain emergency plan on war footings to deal with the tripping of feeders, PMTs and supply lines all across the City after the first heavy downpour in the City on Wednesday night. In total, about 500 feede
Published 12 Aug, 2011 12:00am
Foreign Office condoles death of Pakistanis in UK

Foreign Office condoles death of Pakistanis in UK

Expressing deep condolences over the tragic deaths of three British nationals of Pakistani origin in Birmingham in the ongoing riots, the Foreign Office on Thursday said that it was the responsibility of the British government to ensure their security.
Published 12 Aug, 2011 12:00am
Minorities Day: President calls for promoting interfaith harmony

Minorities Day: President calls for promoting interfaith harmony

President Asif Ali Zardari has said that 11th of every August was a day to reaffirm our commitment to work for promoting interfaith harmony in the country and to strive for progressive and tolerant Pakistan as envisioned by Father of the Nation.
Published 12 Aug, 2011 12:00am
Preventive measures a must for dengue control

Preventive measures a must for dengue control

Chairman Pakistan Medical Society, Dr Masood Akhtar Sheikh has said preventive measures should be taken to control mosquitos that spread dengue. Addressing a workshop on 'Dengue Preventive measures', Dr Sheikh said mosquito 'Aedes Aegypti', has the abilit
Published 12 Aug, 2011 12:00am
Government urged to withdraw 3.5 percent WHT on agriculture produce

Government urged to withdraw 3.5 percent WHT on agriculture produce

Kisan Board Pakistan (KBP) has urged the government to immediately withdraw 3.5 percent withholding tax on agricultural produce. KBP Central President, Sardar Zafar Hussein Khan in a statement issued on Thursday criticised the government's decision of lev
Published 12 Aug, 2011 12:00am
29 outlaws including 15 beggars held

29 outlaws including 15 beggars held

One killed in road mishap while Capital Police recovered 5.12kg heroin, 2.74kg charas, three guns (12-bore) and three pistols during last 24 hours and held 29 persons including 15 beggars. A fast driven Hiace wagon smashed a taxi near Chatter Park in the
Published 12 Aug, 2011 12:00am
International Youth Day today

International Youth Day today

International Youth Day is being celebrated on Friday (today) all over the world including Pakistan. The International Youth Day is observed every year on August 12 to recognise efforts of the world's youth in enhancing global society and their positive c
Published 12 Aug, 2011 12:00am
Pakistan, Turkey working together for peace in region, says Hina

Pakistan, Turkey working together for peace in region, says Hina

Foreign Minister Ms Hina Rabbani Khar on Thursday said that Pakistan and Turkey were factors of stability in the region and they were working together to convert the challenges into opportunities for a better future for the people.
Published 12 Aug, 2011 12:00am
Professor Ijaz conferred 'Research Productivity Award'

Professor Ijaz conferred 'Research Productivity Award'

Pakistan Council for Science and Technology has been granted 'Research Productivity Award' to Professor Dr Ijaz Ahmad, dean faculty of bio-science on the basis of his research achievements for the year 2010-11. Professor Dr Ijaz was granted this award due
Published 12 Aug, 2011 12:00am
Finance Minister urged to help withdraw proposed amendments

Finance Minister urged to help withdraw proposed amendments

The Lahore Chamber of Commerce and Industry (LCCI) has taken a strong exception to the Federal Board of Revenue for introducing unjustified amendments to be incorporated in Sales Tax and Federal Excise Duty Return Forms.
Published 12 Aug, 2011 12:00am
Sexual harassment law

Sexual harassment law

This refers to a seminar organised in Karachi on August 09, by the Alliance Against Sexual Harassment, (AASHA), which dealt with the application of the recently implemented 'Protection Against Harassment of Women at Workplace Act-2010'.
Published 12 Aug, 2011 12:00am
Why years of foreign aid did not stop Africa's latest famine

Why years of foreign aid did not stop Africa's latest famine

Despite countless millions of dollars in foreign aid spent over the last decades, the Horn of Africa's ever-growing population is again experiencing a massive food shortage. Ethiopia, for example, despite its history of drought, famine, disease and war, h
Published 12 Aug, 2011 12:00am
Pak-Saudi relations

Pak-Saudi relations

Prime Minister Syed Yousuf Raza has just concluded a two-day official visit to Saudi Arabia. Coming on the heels of President Zardari's sojourn to the Kingdom in the third week of July, it has a great significance from the perspective of bilateral relatio
Published 12 Aug, 2011 12:00am
FBR: A divided house

FBR: A divided house

We are now sick and tired of writing about the shenanigans of the Federal Board of Revenue (FBR), the apex authority, responsible for the administration of federal taxes in Pakistan. Our writings may give an impression to the FBR's top brass that criticis
Published 12 Aug, 2011 12:00am
High cost and poor service

High cost and poor service

Pakistan Industrial and Traders Associations Front (PIAF) has strongly reacted to Rs 1.04 per unit increase in power tariff, saying this would put an extra burden on the crisis-ridden industrial sector. A joint statement issued by the association office-b
Published 12 Aug, 2011 12:00am
The US downgrade

The US downgrade

It is for the first time in the history of financial markets that a global rating agency has dropped the US credit rating down a notch, from AAA to AA+, amid some grave concerns that such a development would have far-reaching consequences for the economie
Published 12 Aug, 2011 12:00am
Two die after inhaling toxic gas in well

Two die after inhaling toxic gas in well

Two persons died in Shairnab area of Mastung after inhaling the toxic gas accumulated in the well, Levies Force said on Thursday. According to Levies Force, two persons climbed down to clean the well, adding they died after the poisonous gas accumulated i
Published 12 Aug, 2011 12:00am
Qubee announces exciting Ramazan offer

Qubee announces exciting Ramazan offer

Qubee has offered handsome promotional packages to existing and new customers alike exclusively in the Holy month of Ramazan to facilitate all internet users with best quality service through incentive promotions.
Published 12 Aug, 2011 12:00am
US denounces Peshawar explosions

US denounces Peshawar explosions

The United States Embassy condemns Thursday's improvised explosive device (IED) attack and a separate suicide bomb attack in Peshawar. The attacks killed and injured many people, including four police officers. It said: Our thoughts and sympathies are wit
Published 12 Aug, 2011 12:00am
16 paint companies issued show cause notices

16 paint companies issued show cause notices

The Competition Commission of Pakistan (CCP) has issued show cause notices to sixteen paint companies for deceptive marketing practices by misleading end consumers about the price of the paint packs, which is prima facie violation of Section 10 of the Com
Published 12 Aug, 2011 12:00am
27 identical petitions: Supreme Court grants leave to appeal

27 identical petitions: Supreme Court grants leave to appeal

The Supreme Court (SC) on Thursday granted leave to appeal in 27 identical petitions filed by employees of National Bank Pakistan (NBP) against a judgement given by the Federal Services Tribunal (FST) relating to regularisation of service. The court also
Published 12 Aug, 2011 12:00am
UN Women, Nadra sign MoU

UN Women, Nadra sign MoU

United Nations Entity of Gender Equality and the Empowerment of Women 'UN WOMEN' has assured the National Database and Registration Authority (Nadra) its full support and technical advice about gender equality and empowerment of women; exploring new oppor
Published 12 Aug, 2011 12:00am
Amman Lashkar's Chief escapes life attempt again

Amman Lashkar's Chief escapes life attempt again

Chief of Amman Laskhar Dilwar Khan on Thursday escaped second life attempts when some unknown miscreant raided on his house situated at Adizai, Mattani, the outskirts of provincial capital, police said. According to police, unknown miscreant in the mid ni
Published 12 Aug, 2011 12:00am
Jamaat-e-Islami to launch drive against Fata Regulation

Jamaat-e-Islami to launch drive against Fata Regulation

Jamaat-e-Islami (JI) Fata Thursday announced that it will launch a masses' awareness drive against Pata and Fata Action in Aid Power Regulation 2011 and would move apex court in this regard. The announcement was made during a press conference here at Pesh
Published 12 Aug, 2011 12:00am
Two girls killed as roof collapses

Two girls killed as roof collapses

Two girls were killed when the roof of their house collapsed due to heavy rains that continued in some parts of the country including Badin on Thursday afternoon, television channels reported. According to TV reports, two girls lost their lives when the r
Published 12 Aug, 2011 12:00am
'0.1 million laptops to be distributed among high achievers'

'0.1 million laptops to be distributed among high achievers'

Punjab Chief Minister Muhammad Shahbaz Sharif has said that 0.1m laptops will be distributed among the high achievers and like IT labs, this revolutionary project of the Punjab government will also be completed in a transparent manner.
Published 12 Aug, 2011 12:00am
MoC told to induct Shehryar Talpur in C&T Group

MoC told to induct Shehryar Talpur in C&T Group

Prime Minister, Syed Yousuf Raza Gilani, has directed Commerce Ministry to induct Shehryar Talpur, trade officer in Santiago (Chile), in the Commerce and Trade Group (C&T) in grade 19. Well informed sources confided to Business Recorder that Prime
Published 12 Aug, 2011 12:00am
Special campaign against profiteers continues

Special campaign against profiteers continues

A special campaign against the profiteers and hoarders of essential commodities is underway in the district during Ramazan. The price control magistrates conducted more than 3000 raids in the different sites of 412 markets during the first 10 days of Rama
Published 12 Aug, 2011 12:00am
Independence Day to be celebrated with enthusiasm

Independence Day to be celebrated with enthusiasm

As Independence Day is around the corner, all set to observe the day with zeal and enthusiasm at the University of Agriculture Faisalabad. The special programmes and arrangements have been mapped out to commemorate the moments of independence.
Published 12 Aug, 2011 12:00am
PPL recruited 588 staff since January 2007

PPL recruited 588 staff since January 2007

The Pakistan Petroleum Limited (PPL) has recruited a total 588 management and non-management related staff since January 2007, out of which 456 are officers. According to official documents made available to the Business Recorder the company is ope
Published 12 Aug, 2011 12:00am
Suo motu proceedings adjourned to August 15

Suo motu proceedings adjourned to August 15

A full bench headed by Chief Justice of Pakistan, Iftikhar Muhammad Chaudhary here Thursday adjourned to August 15 the suo motu proceedings and petitions moved against the felling of trees on Lahore canal banks for widening a three and half kilometres roa
Published 12 Aug, 2011 12:00am
Creation of new provinces: Rana Sanaullah criticises Babar Awan

Creation of new provinces: Rana Sanaullah criticises Babar Awan

Provincial Minister for Law and Parliamentary Affairs, Rana Sanaullah Khan has said demand of PML-N Chief Nawaz Sharif for constitution of a national commission for the creation of new provinces is justified and must be accepted by the PPP. "If the PPP is
Published 12 Aug, 2011 12:00am
Yellow Cab Scheme: BoP receives over 28,000 applications

Yellow Cab Scheme: BoP receives over 28,000 applications

More than 28 thousands applications have been received by Bank of Punjab (BOP) under Yellow Cab Car Scheme across the provinces. 20 thousand unemployed youth on easy instalments would be given yellow cab cars. According to the Bank of Punjab, more than 28
Published 12 Aug, 2011 12:00am
CCPO Lahore pledges foolproof security to minorities

CCPO Lahore pledges foolproof security to minorities

Minorities enjoy equal rights in the eyes of law and constitution. Lahore Police will ensure provision of foolproof security and protection to the minorities in the provincial metropolis. This was stated by CCPO while talking to a 10-member delegation of
Published 12 Aug, 2011 12:00am
Nawaz assures Chaudhry Nisar of addressing his reservations

Nawaz assures Chaudhry Nisar of addressing his reservations

President, Pakistan Muslim League-Nawaz (PML-N), Nawaz Sharif, on Thursday met leader of the opposition in the National Assembly Chaudhry Nisra Ali Khan and assured him to remove his reservations, it was learnt. Nawaz Sharif, who visited Nisar at his Rawa
Published 12 Aug, 2011 12:00am
Gas curtailment to fertilisers' sector: Urea price may go up

Gas curtailment to fertilisers' sector: Urea price may go up

The price of urea fertiliser, which is already being sold at Rs 1800 per 50kg bag in the local market, can further go up if gas curtailment to fertiliser sector is continued. On the other hand, farmers are facing shortage of urea, which is feared to resul
Published 12 Aug, 2011 12:00am
BA/BSc annual exams results

BA/BSc annual exams results

Punjab University will declare BA/BSc Annual Examination 2011 result. The prize distribution ceremony will be held in the honour of position holders at 9:30am at Faisal Auditorium, New Campus. Vice-Chancellor, Professor Dr Mujahid Kamran will grace the oc
Published 12 Aug, 2011 12:00am
CDGK to demolish 194 decrepit buildings

CDGK to demolish 194 decrepit buildings

The demolition of 194 decrepit buildings which had been declared dangerous will start soon besides residents of these buildings would be temporarily shifted to the apartments build in Scheme-33. A high powered committee has been formed that would be empow
Published 12 Aug, 2011 12:00am
Yasin Malik says Pakistan-India peace process must be 'time-bound'

Yasin Malik says Pakistan-India peace process must be 'time-bound'

Pakistan and India must focus on resolving their dispute over Kashmir by capitalising on newly-built trust or risk a new wave of militancy in the divided region, one of Kashmir's most influential leaders said on Wednesday. Foreign ministers of the two riv
Published 12 Aug, 2011 12:00am
Dr Asim Gulzar joins AAUR

Dr Asim Gulzar joins AAUR

Higher Education Commission (HEC) scholar, Asim Gulzar has completed PhD from Imperial College London under Overseas Scholarship Programme (Phase-II). On his return, he has joined Arid Agriculture University, Rawalpindi (AAUR) as Assistant Director, Resea
Published 12 Aug, 2011 12:00am
DIG suspends Soldier Bazaar PS staff

DIG suspends Soldier Bazaar PS staff

DIG East Muhammad Akram Naeem Bharooka has suspended all the staff of Soldier Bazaar police station except its station officer here on Thursday on the complains of area peoples. The DIG East has ordered to shift all the policemen except SHO Ghulam Nabi fr
Published 12 Aug, 2011 12:00am
CDA chief asked to submit status of Gun & Country Club

CDA chief asked to submit status of Gun & Country Club

Supreme Court has directed Chairman, CDA to submit status of Gun & Country Club, Islamabad and has issued notice to Secretary Sports Board, to submit comments, stated in a press release issued here on Thursday. The case has been fixed on August 16, 2011 i
Published 12 Aug, 2011 12:00am
Projects for Layyah people welfare under way

Projects for Layyah people welfare under way

State Minister for Defence Production Bahadur Khan Sehar on Thursday said that the federal government has approved various projects of development worth billions of rupees for his constituency to provide basic facilities to the masses. Talking to the medi
Published 12 Aug, 2011 12:00am
'Rains have positive effect on crops'

'Rains have positive effect on crops'

The recent timely rains in central and northern Punjab had a very positive effect on the Kharif crops including rice, sugarcane, cotton, fodder, vegetables etc, Director General Agriculture Extension services, Dr Anjum Ali told Business Recorder, here on
Published 12 Aug, 2011 12:00am
Provinces allowed to renew arms licenses

Provinces allowed to renew arms licenses

After refusal of Sindh Government to join the arms renewal campaign launched by Federal Government to check the toll of arms, the Interior Ministry has decided to allow provinces to renew the arms licenses by their own, informed sources in Interior Minist
Published 12 Aug, 2011 12:00am
29th Session: Punjab Assembly presents scene of a fish market

29th Session: Punjab Assembly presents scene of a fish market

The Punjab Assembly 29th Session convened on the requisition of opposition benches to debate establishment of new provinces here on Thursday turned rowdy, unruly when members of both sides used harsh words and mannerism that compelled the Chair to prorogu
Published 12 Aug, 2011 12:00am
Many shops, goods gutted in commercial plazas fire

Many shops, goods gutted in commercial plazas fire

Fire broke out in two commercial plazas situated in Alipur Farash in outskirts of the Federal Capital that turned many shops and valuables into ashes on Thursday morning, police said. The cause of fire could not be ascertained yet. However, the owner of t
Published 12 Aug, 2011 12:00am
Youth festival held

Youth festival held

Revival of Heritage (RoH), The Youth Network, organised a festival on 'The youth for the change' at Pakistan Girls Guide Association hall here on Thursday. Students from different schools presented national anthem and national songs. While Saclain Daud, I
Published 12 Aug, 2011 12:00am
DHA Lahore starts down-payment refund

DHA Lahore starts down-payment refund

The management of DHA Lahore has announced refund of down payment of all the unsuccessful applicants with effect from 10 August 2011. The spokesman of DHA Tajammal Hussain Anjum stated this regarding the detail of refund procedure. He said unsuccessful ap
Published 12 Aug, 2011 12:00am
Kidnapped boy recovered; one held

Kidnapped boy recovered; one held

Boat Basin police and Citizen Police Liaison Committee (CPLC) on Thursday claimed to have recovered an abducted minor boy and arrested the kidnapper in a joint raid from the Cant Station area. According to police, a Boat Basin police party and a Citizen P
Published 12 Aug, 2011 12:00am
Fazal says PPP neither sincere nor intends to create new provinces

Fazal says PPP neither sincere nor intends to create new provinces

Jamiat Ulema-e-Islam-Fazal (JUI-F) chief Maulana Fazalur Rehman has categorically said that Pakistan People's Party (PPP) is neither sincere in making news provinces not it has such intentions. Talking to reporters outside parliament on Thursday, he said
Published 12 Aug, 2011 12:00am
Federal ministers from Sindh meet President

Federal ministers from Sindh meet President

Federal ministers belonging to Sindh held a meeting with President Asif Ali Zardari at President House on Friday and discussed in detail the current political situation in Sindh. The meeting was attended by Makhdoom Amin Fahim, Dr Abdul Hafeez Sheikh, Reh
Published 12 Aug, 2011 12:00am
KSE members asked to enrol themselves with SRB

KSE members asked to enrol themselves with SRB

Sindh Revenue Board (SRB) has asked the members of Karachi Stock Exchange (KSE) and other service providers related to share trading to enrol with the Sindh government-run tax collection body.
Published 12 Aug, 2011 12:00am
The Weather

The Weather

The weather report on Thursday (August 11, 2011) and the forecast for Friday (August 12, 2011).

Published 12 Aug, 2011 12:00am
KSE members asked to enrol themselves with SRB

KSE members asked to enrol themselves with SRB

Sindh Revenue Board (SRB) has asked the members of Karachi Stock Exchange (KSE) and other service providers related to share trading to enrol with the Sindh government-run tax collection body.
Published 12 Aug, 2011 12:00am
KSE members asked to enrol themselves with SRB

KSE members asked to enrol themselves with SRB

Sindh Revenue Board (SRB) has asked the members of Karachi Stock Exchange (KSE) and other service providers related to share trading to enrol with the Sindh government-run tax collection body.
Published 12 Aug, 2011 12:00am
Power used by commercial units: FBR mulling over sales tax waiver

Power used by commercial units: FBR mulling over sales tax waiver

The Federal Board of Revenue is examining a proposal to withdraw sales tax on electricity consumed by commercial and industrial units to check excessive payments of sales tax refunds to such consumers. Sources told Business Recorder here on Thursda
Published 12 Aug, 2011 12:00am
Power used by commercial units: FBR mulling over sales tax waiver

Power used by commercial units: FBR mulling over sales tax waiver

The Federal Board of Revenue is examining a proposal to withdraw sales tax on electricity consumed by commercial and industrial units to check excessive payments of sales tax refunds to such consumers. Sources told Business Recorder here on Thursda
Published 12 Aug, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (August 11, 2011).

Published 12 Aug, 2011 12:00am
Power used by commercial units: FBR mulling over sales tax waiver

Power used by commercial units: FBR mulling over sales tax waiver

The Federal Board of Revenue is examining a proposal to withdraw sales tax on electricity consumed by commercial and industrial units to check excessive payments of sales tax refunds to such consumers. Sources told Business Recorder here on Thursda
Published 12 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 12 Aug, 2011 12:00am
Prime Minister calls for unity

Prime Minister calls for unity

Prime Minister Syed Yousuf Raza Gilani has called upon all the political forces to get united for pulling the country out of the prevailing crises. The prime minister expressed these views while addressing the National Assembly during the celebration of I
Published 12 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 12 Aug, 2011 12:00am
Prime Minister calls for unity

Prime Minister calls for unity

Prime Minister Syed Yousuf Raza Gilani has called upon all the political forces to get united for pulling the country out of the prevailing crises. The prime minister expressed these views while addressing the National Assembly during the celebration of I
Published 12 Aug, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (August 11, 2011).

Published 12 Aug, 2011 12:00am
US drone war kills up to 168 children: report

US drone war kills up to 168 children: report

America's covert drone war on al Qaeda and the Taliban has killed up to 168 children in Pakistan over the last seven years, according to an independent study released Thursday. The London-based Bureau of Investigative Journalism said its research showed t
Published 12 Aug, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (August 11, 2011) and for Friday (August 12, 2011).
Published 12 Aug, 2011 12:00am
US drone war kills up to 168 children: report

US drone war kills up to 168 children: report

America's covert drone war on al Qaeda and the Taliban has killed up to 168 children in Pakistan over the last seven years, according to an independent study released Thursday. The London-based Bureau of Investigative Journalism said its research showed t
Published 12 Aug, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (August 11, 2011).

Published 12 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 11, 2011).

Published 12 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 11, 2011).

Published 12 Aug, 2011 12:00am
Asia to pause inflation fighting policy: ADB

Asia to pause inflation fighting policy: ADB

Asian central bankers will likely pause measures to contain high inflation until global market turmoil subsidies, the chief economist at the Asian Development Bank said. A plunge in equity and commodities prices during the last week and growing concern th
Published 12 Aug, 2011 12:00am
Asia to pause inflation fighting policy: ADB

Asia to pause inflation fighting policy: ADB

Asian central bankers will likely pause measures to contain high inflation until global market turmoil subsidies, the chief economist at the Asian Development Bank said. A plunge in equity and commodities prices during the last week and growing concern th
Published 12 Aug, 2011 12:00am
THE RUPEE: dollar recovers

THE RUPEE: dollar recovers

The rupee fell against dollar on the currency market on Thursday in process of trading, dealers said. The rupee surrendered overnight firmness in terms of dollar, losing five paisa for buying and selling at 86.35 and 86.40, they said.
Published 12 Aug, 2011 12:00am
Asia to pause inflation fighting policy: ADB

Asia to pause inflation fighting policy: ADB

Asian central bankers will likely pause measures to contain high inflation until global market turmoil subsidies, the chief economist at the Asian Development Bank said. A plunge in equity and commodities prices during the last week and growing concern th
Published 12 Aug, 2011 12:00am
THE RUPEE: dollar recovers

THE RUPEE: dollar recovers

The rupee fell against dollar on the currency market on Thursday in process of trading, dealers said. The rupee surrendered overnight firmness in terms of dollar, losing five paisa for buying and selling at 86.35 and 86.40, they said.
Published 12 Aug, 2011 12:00am
Exports declined by 9.2 percent in July

Exports declined by 9.2 percent in July

Pakistan''s exports declined by 9.2 percent in July 2011 over the previous month dipping to $2.2 billion compared to $2.4 billion for the month of June. Provisional trade figures released by the Federal Bureau of Statistics (FBS), showed that exports have
Published 12 Aug, 2011 12:00am
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