News Archives for Print - 2011-08-19

Print - 2011-08-19

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday.74.40/74.53 (previous 74.55/74.70). Call Money Rates: 11.50-12.00 percent (previous 10.00-12.00 percent).

Published 19 Aug, 2011 12:00am

Yuan little changed

The yuan closed little changed against the dollar on Thursday as the People's Bank of China set its mid-point slightly stronger but shy of the fixing's record high during a visit to China by US Vice President Joe Biden this week. Traders said the market w

Published 19 Aug, 2011 12:00am

Singapore dollar leads Asian FX falls

The Singapore dollar broke through a short-term support line on profit-taking by investment banks amid intervention caution and negative rates on Thursday while investors reduced exposure in emerging Asian currencies as stocks weakened, indicating weak se

Published 19 Aug, 2011 12:00am

Indian rupee at six-month low

The Indian rupee slid to its lowest in over six months on Thursday as local equities slumped, with investors cutting exposure to riskier assets on worries over the global economy, and triggered concerns of more foreign fund outflows. The partially convert

Published 19 Aug, 2011 12:00am

Sterling slips versus dollar

Sterling lost ground versus the dollar on Thursday, knocked by sharp falls in equity markets on weakening risk appetite, but the pound managed to outpace the euro, as the UK economy was seen holding up better than the stricken eurozone. Investor jitters o

Published 19 Aug, 2011 12:00am

Aisam experiences terribly scary flight

Pakistan's tennis ace, Aisam ul Haq experienced a terribly scary flight on his way to Philadelphia from Montreal after taking part in Rogers Cup in Montreal. On his way to Cincinnati from Montreal Aisam was accompanied by his doubles partner Indian, Rohan

Published 19 Aug, 2011 12:00am

Sri Lanka pick rookie spinner

Sri Lanka will fly in uncapped leg-spinner Seekkuge Prasanna from England for the last two one-dayers against Australia, a cricket board release said on Thursday. Prasanna, 26, was surprisingly plucked out from the ongoing Sri Lanka 'A' tour of England fo

Published 19 Aug, 2011 12:00am

Dilshan to remain captain for rest of the year

Tillakaratne Dilshan was confirmed on Thursday as Sri Lanka's captain in all forms of the game for the rest of the year, the cricket board said in a statement. Dilshan, 34, had been appointed skipper on a series-to-series basis after Kumar Sangakkara step

Published 19 Aug, 2011 12:00am

Football camp for UK tour from August 20

A training camp for United Kingdom (UK) tour of Pakistan Football team will get underway here at Punjab Football Stadium from Saturday (August 20). A spokesman of Pakistan Football Federation (PFF) said that Pakistan and India in this summer will lock hor

Published 19 Aug, 2011 12:00am

Court delays Kaneria's return bid

Leg-spinner Danish Kaneria's efforts to revive his Pakistan career were put on hold as a court Thursday adjourned his appeal against a cricket board decision failing to clear him of fixing allegations. Kaneria and fellow Essex bowler Mervyn Westfield were

Published 19 Aug, 2011 12:00am

Djokovic, Murray, Nadal cruise

World number one Novak Djokovic barely broke a sweat Wednesday as he routed American Ryan Harrison 6-2, 6-3 to breeze into the third round of the ATP and WTA hardcourt tournament. The Serb and reigning Wimbledon champ continued his near perfect summer of

Published 19 Aug, 2011 12:00am

Malaysian Fernandes takes over QPR

Malaysian entrepreneur Tony Fernandes completed the take-over of Premier League club Queens Park Rangers on Thursday and promised to take the club to new heights in the next few years. Fernandes, 47, owner of the Team Lotus Formula One outfit and low-cost

Published 19 Aug, 2011 12:00am

Ijaz Ahmed named as assistant coach

Pakistan on Thursday appointed former middle-order batsman Ijaz Ahmed as assistant coach for the national team's upcoming tour to Zimbabwe in a bid to strengthen the batting order. "On the request of the team management Ahmed is appointed assistant coach.

Published 19 Aug, 2011 12:00am

Rain frustrates England in India finale

England's hopes of completing a whitewash against India were hampered by the weather on Thursday, with rain preventing play after lunch on the first day of the fourth Test at The Oval. England, at stumps, were stuck on their lunch score of 75 without loss

Published 19 Aug, 2011 12:00am

Messi fires Barcelona to dramatic Super Cup win

Lionel Messi volleyed a late winner as Barcelona beat arch-rivals Real Madrid 3-2 in a fiery Spanish Super Cup second leg on Wednesday to secure a 5-4 aggregate victory after the match ended with a mass brawl that saw three players sent off. The Argentine

Published 19 Aug, 2011 12:00am

US to give emergency flood aid to North Korea

The United States will provide North Korea with up to $900,000 in emergency flood assistance, the US State Department said on Thursday in what appeared to be another sign of easing tension between Pyongyang and Washington. The State Department said the de

Published 19 Aug, 2011 12:00am

UK police arrest Hollywood reporter over hacking

British police investigating a phone-hacking scandal at Rupert Murdoch's defunct News of the World have arrested a senior Hollywood reporter at the tabloid, James Desborough, a source with knowledge of the situation said. Police said they had arrested a 3

Published 19 Aug, 2011 12:00am

British city in prayer vigil for riot 'martyrs'

Thousands of mourners rallied in Britain's second city Birmingham Thursday for the Muslim funeral prayers of three "martyrs" run down by a car while defending their community from rioters. In a sombre open-air event near where the Pakistani were killed in

Published 19 Aug, 2011 12:00am

Libyan rebels seize oil refinery, eye Tripoli

Libyan rebels took control of an oil refinery in the western town of Zawiyah and blocked the main highway north to the capital on Thursday, further isolating Muammar Qadhafi's Tripoli stronghold. Rebel advances in recent days have cut Qadhafi's forces off

Published 19 Aug, 2011 12:00am

Bangladesh arrests militant group chief

Bangladesh security forces detained the chief of the outlawed militant group Harkatul Jihad Islami (HUJI) on Thursday for involvement in several major militant attacks. Maulana Mohammad Yahia, one of the country's most wanted militants, was arrested with

Published 19 Aug, 2011 12:00am

Russia loses contact with newly-launched satellite

Russia said it had lost track of a newly-launched major telecommunications satellite on Thursday, the latest in a series of setbacks that have dogged its space industry. The Express AM-4 satellite, described by its makers as the most powerful satellite ev

Published 19 Aug, 2011 12:00am

Indonesia reduces sentences for 84 terror convicts: independence Day marked

Indonesia has reduced the sentences of 84 convicted terrorists, including an al Qaeda-linked extremist on a US black list, as part of its Independence Day celebrations, an official said Thursday. Mohammed Jibril Abdurahman, 26, known on extremist websites

Published 19 Aug, 2011 12:00am

Turkish jets bomb 60 Kurdish rebel targets in Iraq

Turkish jets bombed 60 targets in northern Iraq used as bases by the Kurdistan Workers' Party (PKK) following an ambush by the outlawed group that killed nine troops, the military and rebels said Thursday. Turkey's air force launched a "successful" operat

Published 19 Aug, 2011 12:00am

Accused pirate negotiator charged in tanker hijacking

A man accused of negotiating the ransom for four US citizens killed during a high seas hijacking of a yacht by Somali pirates was charged Thursday for his role in another hostage ordeal. Mohammad Saaili Shibin, 50, was previously indicted in March by a fe

Published 19 Aug, 2011 12:00am

17 dead in worst Israeli-Palestinian violence for months

At least 17 people - 7 Israelis, 6 Palestinians, and at least four Palestinian gunmen - were killed Thursday, in one of the most violent days for months in Israel and the Gaza Strip, as militants shot up Israeli vehicles, and Israeli aircraft bombed the G

Published 19 Aug, 2011 12:00am

Egypt military pardons blogger after criticism

Egypt's military said on Thursday it has dropped charges against prominent blogger Asmaa Mahfouz of insulting the country's ruling generals after a wave of criticism from rights groups. The military, in a statement on its Facebook page, said it also decid

Published 19 Aug, 2011 12:00am

Iraq's electricity minister resigns

Iraq's electricity minister has resigned on the request of the country's premier after irregularities worth $1.7 billion were uncovered in power deals with two foreign firms, a government official said. Ali al-Moussawi, media adviser to Prime Minister Nur

Published 19 Aug, 2011 12:00am

'Murder remains most prevalent crime in country in May'

Murder remained the most prevalent crime in the country during May this year as 790 cases were registered in 61 districts of the country including 25 reported cases of honour killing. Punjab topped the list as nearly 74 percent FIRs related to murders wer

Published 19 Aug, 2011 12:00am

SZABIST arranges training workshop for students

In connection with the public-private partnership to decrease unemployment through entrepreneurship, a training workshop was held here on Thursday to equip professionals, fresh graduates as well as students with skills and knowledge for establishment of t

Published 19 Aug, 2011 12:00am

Nadra completes DERs printing of 130 districts

National Database and Registration Authority (Nadra) has completed printing of Draft Electoral Rolls (DERs) of all 130 districts containing the data of 80.6 million eligible voters under the supervision of Election commission of Pakistan. "The gigantic ta

Published 19 Aug, 2011 12:00am

BISP completes nationwide poverty survey: five million families eligible for receiving Rs 1,000 per month

Benazir Income Support Programme (BISP) has completed its nationwide poverty survey and identified more than five million families eligible for receiving an assistance of Rs 1,000 per month.

Published 19 Aug, 2011 12:00am

Pepco's clarification

Apropos a news item under the title "Pepco accused of violating ADB criterion" in Business Recorder August 17, 2011, the spokesman of Pepco has clarified the following: It is incorrect that PEPCO is violating ADB procurement guidelines / criterion.

Published 19 Aug, 2011 12:00am

Pemra issues warning to TV channels

Pakistan Electronic Media Regulatory Authority (Pemra) on Thursday issued warning to TV channels for violating its terms and conditions. As per terms and conditions of license, a TV channel can broadcast upto 70 percent of total foreign content which cons

Published 19 Aug, 2011 12:00am

Over 260 road accidents reported during 15 days of Ramazan

Over 260 road accidents have been reported in the twin cities of Islamabad and Rawalpindi during the first fifteen days of Ramazan, said spokesperson of Rescue 1122 here on Thursday. The District Emergency Officer (DEO), Rescue 1122 Rawalpindi reviewed th

Published 19 Aug, 2011 12:00am

Government urged to extend support to peace 'lashkar'

Members of Peace Laskhar from Adazai have asked the provincial government to shun indifferent attitude and called for extending all required support and assistance to them for curbing militancy and dismantling terrorism network in the area.

Published 19 Aug, 2011 12:00am

National Assembly body bars SNGPL, SSGC from undertaking gas supply schemes

The National Assembly Standing Committee on Petroleum and Natural Resources on Thursday directed the Sui Northern gas Pipeline Limited (SNGPL) and Sui Southern Gas Company (SSGC) not to undertake any gas supply scheme due to scarcity of natural gas in the

Published 19 Aug, 2011 12:00am

1,500 faithful to observe Aitkaf at Faisal Mosque

Around 1,500 faithful from twin cities of Rawalpindi and Islamabad would observe Aitkaf at Faisal Mosque starting from 20th of Ramazan (August 21, Sunday). The Faisal Mosque administration has selected 1,500 applicants including some of its staffers, out

Published 19 Aug, 2011 12:00am

Partly Facetious: Lyari has become a graveyard?

"Lyari is burning."

Published 19 Aug, 2011 12:00am

10 detained in Malaysia set to celebrate Eid in Pakistan

Ten Pakistanis detained in Malaysia for immigration violations are set to celebrate the upcoming Eid-ul-Fitar with their families in Pakistan following an offer by the Malaysia-Pakistan Business Council (M-P BC) to fund the cost of their return home, says

Published 19 Aug, 2011 12:00am

Private sector can help change Pakistan's fortune: Chief Executive Engro

Pakistan's private sector is doing quite well, taking into consideration the extremely difficult circumstances that the country is facing from long hours of loadshedding to the decaying infrastructure that is in urgent need of BMR (balancing, modernisatio

Published 19 Aug, 2011 12:00am

Kharif and Rabi seasons: government to import over 1.15 million tons of urea

With a domestic production estimate of around 5.8 million tons (MT) urea against the annual production capacity of 6.9 MT in the country Pakistan would have to import over 1.15 MT of urea during the year 2011 to meet the domestic requirement of current Kh

Published 19 Aug, 2011 12:00am

We must focus on small farmers' uplift: ZTBL President

"In a bid to revolutionise the agriculture sector and increase its contribution in country's GNP, we must focus on small farmers' uplift and productivity enhancement," this was stated by President ZTBL, Zaka Ashraf in a meeting with various sections of pe

Published 19 Aug, 2011 12:00am

Abdul Majeed appointed Chairman Wyeth Pakistan

Abdul Majeed has been appointed as the new chairman / chief executive of Wyeth Pakistan Limited with effect from August 17, 2011. According to the information sent to Karachi Stock Exchange (KSE) on Thursday, the company informed that Iqbal Bengali has re

Published 19 Aug, 2011 12:00am

Abdul Majeed appointed Chairman Wyeth Pakistan

Published 19 Aug, 2011 12:00am

Five of a family die of gas suffocation

At least five persons of a family on Thursday stifled to death by a lethal gas in the remits of Maripur police station. According to police, the incident took place at house no 1837, Greek Mohalla, Muslim Colony of Maripur where five family members were s

Published 19 Aug, 2011 12:00am

HSC Home Economics group results declared

The Board of Intermediate Education Karachi (BIEK) on Thursday announced the result of HSC Part II Annual Examinations 2011. Insiya Juzer Diwan of Raana Liaquat Ali Khan Government College of Home Economics with 984 marks out of the total of 1,200 was dec

Published 19 Aug, 2011 12:00am

Flood-hit victims: Rs 1,988 million released for 99,000 watan card holders

The remaining last 99,000 people affected by the heavy floods of last year would get first instalment of their watan cards amounting Rs 20,000 within the next few days as Federal and Sindh Governments have released Rs 1,988 million to the affiliated banks

Published 19 Aug, 2011 12:00am

Man gunned down in Nasirabad

A man was shot dead on Thursday over an old enmity in the Manjoshori area of Nasirabad, police said. According to local police, Ramzan allegedly opened fire at one Ehsan, killing him on the spot and managed to fled away. Police shifted the body to nearby

Published 19 Aug, 2011 12:00am

NBP board of director's meeting held

Board of Director's of National Bank of Pakistan (NBP) in their meeting held on Thursday at the bank's Head Office Karachi approved the Financial statements of the Bank for the six months period ended June 30, 2011. The bank recorded pretax profit of Rs 1

Published 19 Aug, 2011 12:00am

Pak Suzuki posts Rs 278.889 million profit after tax

Pak Suzuki Motor Company has posted Rs 278.889 million as profit after tax in the half year period ended June 30, 2011 almost same as compared with Rs 279.359 earned in the corresponding period in 2010. The board of directors of the company in its meeting

Published 19 Aug, 2011 12:00am

Pak Suzuki posts Rs 278.889 million profit after tax

Published 19 Aug, 2011 12:00am

Pakistan's foreign exchange reserves up by $70 million

The country's foreign exchange reserves have rose by $70 million to $18.04 billion in the week ending August 13, from $17.97 billion a week earlier. According to the State Bank of Pakistan (SBP) reserves held by the State Bank has registered some increase

Published 19 Aug, 2011 12:00am

Cotton production target can't be achieved: PCGA

Pakistan can not achieve its target of 15.5 million bales because cotton producing cities of Badin, Gharo, Sangarh, Mirpur Khas and Tando Muhammad Khan were flooded due to incessant rain in these areas and meteorological pundits have forecast more rain in

Published 19 Aug, 2011 12:00am

'Punjab government using police against rivals'

State Minister for Defence Production Bahadur Khan Sehar on Thursday said the Punjab government was using police to register fake cases against its political opponents to press them. Talking to newsmen here, he condemned the killing of a youth, Allah Ditt

Published 19 Aug, 2011 12:00am

11 killed as vehicles collide head-on in Saranan

At-least 11 people including women and children have been killed and two others injured when two vehicles collided head-on near Saranan area of Pishin district on Thursday evening. "Two speedy vehicles collided head on and resultantly, 11 persons includin

Published 19 Aug, 2011 12:00am

Lyari criminals using sophisticated weapons: MQM

Muttahida Qaumi Movement (MQM) alleged that criminal elements of Lyari Aman Committee and gang war are using sophisticated weapons in recent terrorist activities in which scores of innocent citizens lost their lives. Addressing a news conference at MQM he

Published 19 Aug, 2011 12:00am

Two killed in clash between two groups

At least two persons lost their lives in an armed clash sparked between Sunni Tehreek and banned outfit Sipah Sahaba Pakistan (SSP) at Godhra in the limits of New Karachi Industrial Area. According to police and eye-witnesses, two persons were killed and

Published 19 Aug, 2011 12:00am

CDGK makes arrangement for payment of salaries

City District Government Karachi has made arrangements for payment of salaries of its staff. Payment of salaries for the month of July was started. This was stated by District Co-ordination Officer Karachi Mohammad Hussain Syed while talking to employees

Published 19 Aug, 2011 12:00am

Petition against PIA disposed of by Supreme Court

The Supreme Court on Thursday disposed of petition of Advocate Zulfiqar Bhutta against the increase in air fares for Hajj and Umrah by Pakistan International Airlines (PIA) on receiving satisfactory reply from the chairman of the airline. A three-member b

Published 19 Aug, 2011 12:00am

'Academic activities going on smoothly at MUET'

Mehran University of Engineering and Technology, Jamshoro authorities have said that the academic activities in the university are going on peacefully and as per schedule. The university authorities are determined to ensure peace in the university and tho

Published 19 Aug, 2011 12:00am

Attack on GHQ: three civilians file appeal in MC against conviction

The three civilians convicted in the attack on GHQ have filed an appeal before a Military Court (MC) against their conviction. Mohammad Usman, Wajid Ali and Khaliqur Rehman who were sentenced to life imprisonment, have appealed to the court to give them a

Published 19 Aug, 2011 12:00am

National Assembly body concerned over unscheduled loadshedding

The National Assembly Standing Committee on Textile Industry expressed grave concern over the unscheduled load shedding and stressed that it should be avoided at both domestic and industrial level. The committee, which met here on Thursday with Haji Muham

Published 19 Aug, 2011 12:00am

Punjab government takes notice of private practice of lady doctors

The Punjab Government has taken notice of private practice of lady doctors, Lady Health Workers (LHWs) and lady health visitors (LHVs) of public sector hospitals and asked the authorities concerned to minutely monitor their working and hold accountable to

Published 19 Aug, 2011 12:00am

Jamaat-e-Islami condemns killings in Karachi

The Jamaat-e-Islami Secretary General, Liaquat Baloch, has strongly condemned the on-going carnage in Karachi and demanded immediate resignation of the Federal Interior Minister and the Sindh Home Minister. He said that the port city was in the control of

Published 19 Aug, 2011 12:00am

Government may appoint Asif, Imtiaz as SECP Commissioners

The government is likely to appoint Muhammad Asif as Commissioner Insurance Division and Imtiaz Haider as Commissioner Securities Market Division of the Securities and Exchange Commission of Pakistan (SECP). It is learnt here on Thursday that Prime Minist

Published 19 Aug, 2011 12:00am

Nawaz Sharif's veiled threat

The PML-N chief, Nawaz Sharif, has finally made a demand for a snap poll, although the next general election is scheduled to be held in 2013. In a veiled threat as what newspapers say, he has threatened the coalition government to dissolve the national an

Published 19 Aug, 2011 12:00am

'New York Remembers' with exhibitions of 9/11 artifacts

A "New York Remembers" campaign will be launched in late August with exhibitions of 9/11 artifacts, some for the first time, across New York state to mark the 10th anniversary of the terrorist attacks. The exhibitions at 30 public sites will allow residen

Published 19 Aug, 2011 12:00am

The great illusion

Courtesy a dear friend, the title needs to be clarified; this article is not about democracy, the undisputed greatest illusion of all time. Even those credited with its conception, much to the envy of Alchemists universally, cannot have imagined its magic

Published 19 Aug, 2011 12:00am

Sorry IMF, we are incorrigible - I

Our political elite and civil-military establishments have demonstrated time and again extreme apathy towards the problems faced by the poor - there is a consensus that Pakistan is meant only for privileged classes and their cronies that include the clerg

Published 19 Aug, 2011 12:00am

The cost of oil drilling

On a planet primarily covered by water, marine life and polar ice caps are essential to maintaining our fragile ecological balance. However, unchecked and unregulated industrialisation has started tipping the balance against us. Deep-sea oil exploration i

Published 19 Aug, 2011 12:00am

Global food prices in danger zone

The World Bank President, Robert Zoellick, recently warned that global food prices peaked at a three-year high in July 2011. He cautioned the world polity that "persistently high food prices and low food stocks indicate that we're still in the danger zone

Published 19 Aug, 2011 12:00am

Volunteer teaches yoga to female prison inmates

Behind the high walls and gates of the only prison for women in Karachi, inmates such as Sadaf escape from prison every day - even if it's only in her mind. Small and thin, with friendly eyes set in a weathered face, Sadaf has been an inmate since 1998 af

Published 19 Aug, 2011 12:00am

Mango processing facility inaugurated

Representatives of the US Agency for International Development (USAID) joined the local government officials and mango farmers to inaugurate a new mango processing facility at the Zarpak Horticulture Products Farm in Multan. This technology, installed wit

Published 19 Aug, 2011 12:00am

Provision of basic amenities to Chitralis top priority: Hoti

Chief Minister Khyber Pakhtunkhwa Ameer Haider Khan Hoti has said that the development of people of Chitral and provision of basic life amenities to them is priority of the government. He said that efforts undertaken in this regard is not favour conferred

Published 19 Aug, 2011 12:00am

Levy of 3.5 percent WHT: ginners continue strike for 13th day

The owners of around 1200 ginning factories remained continued on the 13th day on Thursday against the levy of 3.5 percent withholding tax (WHT). Addressing a Press Conference on Wednesday Shehzad Ali Khan, Vice Chairman of Pakistan Cotton Ginners Associa

Published 19 Aug, 2011 12:00am

Fresh flood could cause more devastation in Pakistan: Oxfam warns

An international aid agency Oxfam on Thursday warned that the fresh flood could cause more devastation in Pakistan if a disaster reduction mechanism was not implemented, calling on the government to urgently invest a minimum of two percent of its district

Published 19 Aug, 2011 12:00am

Petitioner seeks action against TV programme

The Lahore High Court (LHC) here on Thursday adjourned to August 19 the proceedings in a petition filed against TV channel programme "Darling" as the court could not watch the segment in question. The petitioner, Arif Gondal, claimed that the segment of '

Published 19 Aug, 2011 12:00am

Prime users of textile industry: no load shedding being observed

No load shedding is being observed for the prime users of the textile industry, said industry sources. According to the industry sources, power supply to the textile industry has improved substantially over the last few days, as power supply remains intac

Published 19 Aug, 2011 12:00am

Fresh polls vital to steer country out of crises: PML-N

Pakistan Muslim League-Nawaz (PML-N)'s central secretary information Mushahidullah Khan has said that fresh election was vital to steer the country out of the prevailing crises. Talking to Business Recorder, the PML-N leader alleged the government failed

Published 19 Aug, 2011 12:00am

Rs 4.1 billion to be spent on healthcare facilities to labourers

Minister for Labour Punjab Haji Ehsaan-ud-Din Qureshi has said that labour department will spend Rs 4.1 billion for the provision of state of the art healthcare facilities to the labourers and their families out of which Rs 2,427,520,620/- will be used up

Published 19 Aug, 2011 12:00am

Intelligence agencies told to arrange family meetings with three brothers

Islamabad High Court directed the intelligence agencies on Thursday to arrange family meetings with three brothers, picked up by them despite acquitting by the anti-terrorism court, within 10 days. The petition has been filed in the High Court. During the

Published 19 Aug, 2011 12:00am

20 bills of government ready for approval from National Assembly

As many as 20 bills of the government are ready for approval from the National Assembly, it is learnt. According to National Assembly Secretariat sources, various Standing Committees of the Lower House of the Parliament have passed 20 bills. These bills a

Published 19 Aug, 2011 12:00am

Clinton holds telephonic conversation with Hina

US Secretary of State Hillary Clinton had a telephonic conversation with Minister for Foreign Affairs Hina Rabbani Khar on Thursday at a time when the two countries are trying to mend fences following the US covert operation in Abbottabad and the recent a

Published 19 Aug, 2011 12:00am

GCU reduces hostels' fee

Government College University Lahore Vice-Chancellor Professor Dr Muhammad Khaleeq-ur-Rehman on Thursday slashed the fee of University's hostels by 35 percent to facilitate the students who come from distant areas to seek knowledge. The Hostels' Committee

Published 19 Aug, 2011 12:00am

Dr Farooq Sattar meets Munter

Senior leader Dr Farooq Sattar of Muttahida Qaumi Movement (MQM) on Thursday met US Ambassador Cameron Munter and discussed the Karachi unrest. No details of the meeting, which was held at the US Embassy, were released both by MQM and the embassy. The US

Published 19 Aug, 2011 12:00am

Altaf telephones Gilani over Karachi killings

Chief Muttahida Quami Movement (MQM) Altaf Hussain telephoned Prime Minister Gilani and conveyed his deep concerns over the abduction and killing of innocent people in Karachi. Altaf Hussain informed Prime Minister Gilani that the terrorists of the gang w

Published 19 Aug, 2011 12:00am

'Poor students receiving modern education in Daanish schools'

Punjab Chief Minister, Muhammad Shahbaz Sharif has said that students of Daanish Schools will prove to be Pakistanis in real sense and play an active role in the development of the country and service of the masses. He said that six Daanish Schools are im

Published 19 Aug, 2011 12:00am

Three labourers killed in Mastung

Three labourers shot dead on Thursday in the Splinji area of Mastung district, some 35 km South of provincial capital. "Some unknown armed men whisked away three labourer on gunpoint early in the morning and after killing, threw their bodies in the Splinj

Published 19 Aug, 2011 12:00am

Public service pivot of PML-N policies: Punjab chief minister

Member National Assembly from Faisalabad, Chaudhry Asim Nazir and a former parliamentarian, Chaudhry Zahid Nazir met Punjab Chief Minister, Muhammad Shahbaz Sharif here Thursday and expressed complete confidence in the leadership of President Pakistan Mus

Published 19 Aug, 2011 12:00am

Pond areas: government urged to take action against encroachers

Kisan Board Pakistan (KBP) has urged the government to take action against those who have occupied hundreds of thousands of acres of land of pond areas. These were the views of President KBP, Sardar Zafar Hussein, General Secretary, Malik Muhammad Ramzan

Published 19 Aug, 2011 12:00am

LCCI hands over relief goods worth Rs 15 million to DMA

The Lahore Chamber of Commerce and Industry (LCCI) on Thursday handed over relief goods worth Rs 15 million to the Disaster Management Authority (DMA) to be dispatched to the flood affected areas.

Published 19 Aug, 2011 12:00am

Unaccounted-for gas issue: SNGPL suffering Rs 20 billion loss annually

Sui Northern Gas Pipe Lines Limited (SNGPL) is suffering loss of rupees 20 billion per year due to up-to 16 percent unaccounted-for gas (UFG) issue. The main problem faced by SNGPL is gas pilferage and there exists no proper law in the country, which deal

Published 19 Aug, 2011 12:00am

PEF to provide free educational facility to students

The Punjab Education Foundation (PEF) in partnership with one thousand private schools would provide free educational facilities to the students under its Foundation Assisted Schools (FAS) programme in 36 districts. At present, PEF's Foundation Assisted S

Published 19 Aug, 2011 12:00am

Government urged to increase agricultural production

Agri Forum Pakistan Chairman, Muhammad Ibrahim Mughal has advised the government to pay attention towards increasing the agricultural production and value addition to bridge the gap between imports and exports. While talking to media persons here Thursday

Published 19 Aug, 2011 12:00am

Fake degree: LHC disqualifies PML-Q MPA

The Lahore High Court (LHC) here on Thursday disqualified a PML-Q Member Provincial Assembly from PP-220 Wallayat Shah Khagha for possessing fake degree. The court passed these orders in a petition filed his rival candidate in the constituency Nazar Hussa

Published 19 Aug, 2011 12:00am

Water reduction in Tarbela: Hydel power generation dips by 1,000 megawatts

Indus River System Authority (Irsa) further reduced water outflow downstream Tarbela Dam by 20,000 cusecs on Thursday, causing 1,000MW drop in the hydel power generation. The hydel power generation dipped from 6,400MW to 5,400MW though IPPs contributed 6,

Published 19 Aug, 2011 12:00am

Rescue 15, seven other vehicles set on fire

Severe tension prevailed in Fatehpur town on Thursday as a citizen Muhammed Amin lost his eye when a rubber bullet hit his eye during the firing by police to disperse violent mob which set a police station, Rescue 15 and seven vehicles on fire.

Published 19 Aug, 2011 12:00am

DDO appointment: LHC disposes of petition

The Lahore High Court (LHC) while disposing of a petition filed against appointment of DDO Health Kamalia, directed Secretary Health to decide the matter without seeking political pressure from any member parliament. The court passed these orders in a pet

Published 19 Aug, 2011 12:00am

Urea shortage: 'farmers may face Rs 150 billion loss during Rabi, Kharif seasons'

Continued urea shortage and its black marketing may cause an accumulative loss of rupees 150 billion to the farmers both in the Kharif and Rabi season, Khalid Mir, Vice-President Engro Fertilisers said. In the wake of continued reduced gas supply to ferti

Published 19 Aug, 2011 12:00am

Business train: Railways signs agreement with private company

Pakistan Railways (PR) has signed an agreement with a private company (Four Brother) to operate a Business Train between Lahore and Karachi under private-public partnership first time in the history of Pak rail. Federal Minister for Railways Ghulam Ahmad

Published 19 Aug, 2011 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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