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Dec 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-08-27
Yuan ends up

Yuan ends up

The yuan closed up versus the dollar on Friday, reversing earlier losses as the market bet the People's Bank of China might kick off another leg of yuan appreciation when the outcome of the Federal Reserve's meeting is clear. The PBOC fixed the yuan's mid
Published 27 Aug, 2011 12:00am
Won snaps falling streak

Won snaps falling streak

Emerging Asian currencies are unlikely to find relief in comments coming from Federal Reserve Chairman Ben Bernanke at the end of a week during which the South Korean won snapped a four-week losing streak and the Singapore dollar was poised to have a thir
Published 27 Aug, 2011 12:00am
Indian rupee weakens

Indian rupee weakens

The rupee weakened on Friday, making it the fourth straight week of losses for the Indian unit, as traders avoided the market fray before US Federal Reserve chief Ben Bernanke airs his thoughts in a speech later in the day. The partially convertible rupee
Published 27 Aug, 2011 12:00am
Sterling falls to session

Sterling falls to session

Sterling fell to session lows against the dollar on Friday after Federal Reserve Chairman Ben Bernanke offered no firm commitment to fresh easing measures to stimulate the US economy, which lent knee-jerk support to the greenback. The release of the secon
Published 27 Aug, 2011 12:00am
Aussie, New Zealand dollars advance

Aussie, New Zealand dollars advance

The Aussie dollar gained some traction on Friday as markets trimmed the risk of deep interest rate cuts following cautiously upbeat comments from Australia's top central banker. The Aussie dollar gained half a cent to $1.0480, after Reserve Bank of Austra
Published 27 Aug, 2011 12:00am
Rebel Abkhazia elects third leader in troubled history

Rebel Abkhazia elects third leader in troubled history

Voters in rebel Abkhazia went to the polls Friday to elect a third leader in the tumultuous period since it broke from Georgia in the 1990s, a move recognised only by Moscow and a few states. The snap elections follow the death of veteran president Sergei
Published 27 Aug, 2011 12:00am
Joint US-China operation busts child porn ring

Joint US-China operation busts child porn ring

A joint US-China police operation has cracked a Chinese-language child pornography ring in New York, Chinese police said, an unusual public example of co-operation between the countries' law enforcement agencies. The US Federal Bureau of Investigation (FB
Published 27 Aug, 2011 12:00am
India's top court extends mining ban in Karnataka

India's top court extends mining ban in Karnataka

India's Supreme Court extended a ban on mining to two more districts of a key iron ore producing state on Friday, a state lawyer said, a move likely to hamper output from Karnataka, the country's second-biggest iron ore exporting region. Shares in three t
Published 27 Aug, 2011 12:00am
Greece declares emergency as it battles wildfires

Greece declares emergency as it battles wildfires

Greece's fire-fighters battled to contain at least six large wildfires burning out of control across the country Friday and declared a state of emergency near its north-eastern border with Turkey, requesting European partners to help by sending in water-d
Published 27 Aug, 2011 12:00am
Drought pushes 3,700 Somalis to perilous sea voyage: UN

Drought pushes 3,700 Somalis to perilous sea voyage: UN

Over 3,700 Somali refugees have made the perilous sea journey across the Gulf of Aden to Yemen in August alone amid the severe drought in their homeland, the UN refugees agency said Friday. "Yemen is seeing a sharp rise in the number of Somali refugees ar
Published 27 Aug, 2011 12:00am
Two killed in Afghan mosque bombing

Two killed in Afghan mosque bombing

Two people died and 14 others were wounded when a bomb explosion hit a mosque during Friday prayers in northern Afghanistan, police said. The bomb, attached to a motorcycle parked inside the mosque compound in the town of Almar, Faryab province, went off
Published 27 Aug, 2011 12:00am
Salman Khan to have surgery in US

Salman Khan to have surgery in US

Leading Bollywood actor Salman Khan is to have surgery in the United States to correct a facial nerve disorder that leaves him in excruciating pain, he said in an article published on Friday. The 45-year-old star of blockbuster films like "Dabangg" (Fearl
Published 27 Aug, 2011 12:00am
China law change would allow secret detentions

China law change would allow secret detentions

Rights activists say proposed changes to Chinese criminal law would effectively legitimise the disappearances used against high-profile dissidents. The official Legal Daily newspaper reported this week that amendments proposed to China's criminal procedur
Published 27 Aug, 2011 12:00am
North Korea's Kim repeats to China his willingness to resume talks

North Korea's Kim repeats to China his willingness to resume talks

North Korean leader Kim Jong-il told his neighbour and biggest patron China on Friday that he was willing to return to stalled nuclear talks "without precondition", China's Xinhua news agency reported, following a similar pledge to Russia. China has been
Published 27 Aug, 2011 12:00am
Chilean strike leaves 1 dead, 1,400 arrested

Chilean strike leaves 1 dead, 1,400 arrested

This week's two-day national strike in Chile left one person dead, 1,394 arrested and 153 police officers injured, the authorities said Friday. The strike took place Wednesday and Thursday, with demands focusing on comprehensive reform of the country's ed
Published 27 Aug, 2011 12:00am
Khawaja boosts Australia with ton

Khawaja boosts Australia with ton

Usman Khawaja hit an impressive century ahead of a three-Test series against Sri Lanka as Australia gained the upper hand in a warm-up match on Friday. The Pakistan-born batsman made 101 before retiring as the tourists reached 311-5 in their first innings
Published 27 Aug, 2011 12:00am
Iliadis retains under-90kg title

Iliadis retains under-90kg title

Greece's Ilias Iliadis threw Japan's Daiki Nishiyama for the maximum ippon to retain his under-90kg title at the Judo World Championships here on Friday. In a repeat of last year's final, the world number one attacked with a hip throw (tsuri-goshi) only t
Published 27 Aug, 2011 12:00am
Decosse retains world under-70kg title

Decosse retains world under-70kg title

France's Lucie Decosse cemented her standing as world number one by retaining the under-70kg title at the Judo World Championships here on Friday. It was Decosse's third world crown having also reigned at under-63kg in 2005 in Cairo. European champion Edi
Published 27 Aug, 2011 12:00am
England rest Pietersen for ODI series

England rest Pietersen for ODI series

Kevin Pietersen was the big name missing from the England squad announced on Friday for the upcoming five-match One-day international series against India. The first-choice batsman has been rested as part of the England and Wales Cricket Board's policy of
Published 27 Aug, 2011 12:00am
Li, Wozniacki advance

Li, Wozniacki advance

Top ranked Caroline Wozniacki cruised into the next round and China's Li Na had to endure a rain delay before booking her spot in the semi-finals of the New Haven Open on Thursday. Wozniacki remained undefeated advancing with a 7-5, 6-3 win over American
Published 27 Aug, 2011 12:00am
Platini 'afraid' over financial strife

Platini 'afraid' over financial strife

UEFA president Michel Platini on Friday called for "global reflection" on the financial problems facing football. "My message for football is alarmist: red lights are flashing, we cannot live with billions of euros of deficits without paying the consequen
Published 27 Aug, 2011 12:00am
India, Pakistan football series delayed

India, Pakistan football series delayed

Hopes of a revival of India-Pakistan sporting ties were dashed on Friday when a two-match football series between the two sides scheduled to be held in Britain next month was called off, an official said. "The series has been postponed due to unavoidable
Published 27 Aug, 2011 12:00am
Rahul Gandhi breaks silence on corruption protests

Rahul Gandhi breaks silence on corruption protests

India's Rahul Gandhi broke his silence on the face-off between the government and a hunger-striking anti-corruption campaigner on Friday, praising the activist in a speech aimed at flexing his muscle as the emerging leader of the ruling Congress party.
Published 27 Aug, 2011 12:00am
18 die in car bomb attack on Nigeria UN headquarters

18 die in car bomb attack on Nigeria UN headquarters

A car bomb ripped through the United Nations' headquarters in the Nigerian capital of Abuja on Friday, killing at least 18 people, in an attack reminiscent of a June blast claimed by a local radical Islamist group. UN Secretary General Ban Ki-moon said th
Published 27 Aug, 2011 12:00am
Irene losses already up to $1.1 billion

Irene losses already up to $1.1 billion

Hurricane Irene caused as much as $1.1 billion in insured losses in the Caribbean, catastrophe modelling company AIR World-wide said on Friday, with more expected to come as the storm heads for the US Northeast. While no one knows yet precisely where Iren
Published 27 Aug, 2011 12:00am
US East Coast readies for 'big, bad' hurricane

US East Coast readies for 'big, bad' hurricane

The United States urged 55 million people on its East Coast on Friday to prepare for the onslaught of massive Hurricane Irene, which President Barack Obama warned could be "extremely dangerous and costly." "All indications point to this being a historic h
Published 27 Aug, 2011 12:00am
Syria forces kill 3 at prayer protests

Syria forces kill 3 at prayer protests

Forces loyal to Syria's president Bashar al-Assad killed three protesters after Friday prayers in eastern and southern towns, activists said, as demonstrations flared, buoyed by the demise of Muammar Gaddafi's power in Libya. Assad has sent in tanks and s
Published 27 Aug, 2011 12:00am
Russia and China resist UN Syria sanctions push

Russia and China resist UN Syria sanctions push

The US and European push to impose UN Security Council sanctions on Syria for its bloody crackdown on pro-democracy demonstrators is meeting fierce resistance from Russia and China, UN diplomats said. The United States, Britain, France, Germany and Portug
Published 27 Aug, 2011 12:00am
Iran stages anti-Israel rallies

Iran stages anti-Israel rallies

Iran on Friday staged anti-Israeli rallies nation-wide, state media reported. According to state television, millions of people were expected to attend the state-run rallies throughout the country and voice their support for Palestinians and the "liberati
Published 27 Aug, 2011 12:00am
El Salvador recognises Palestinian statehood

El Salvador recognises Palestinian statehood

El Salvador said Thursday it would recognise Palestine as an independent state in a move aimed at helping to advance the Middle East peace process. "We would like to formally recognise Palestine as a free, sovereign and independent state," President Mauri
Published 27 Aug, 2011 12:00am
Egyptians protest at Israeli embassy in Cairo

Egyptians protest at Israeli embassy in Cairo

Hundreds of Egyptians protested in front of the Israeli embassy in Cairo on Friday and demanded the expulsion of the country's ambassador as public anger grows against the Jewish state's killing of five Egyptian border guards. The Egyptian border guards w
Published 27 Aug, 2011 12:00am
Israel to allow thousands of Egyptian troops in Sinai

Israel to allow thousands of Egyptian troops in Sinai

Israeli Defence Minister Ehud Barak will agree to let Egypt deploy thousands of troops in the Sinai to tighten security after a deadly border attack by gunmen that strained relations between the two countries, the Economist reported on Friday. Their 1979
Published 27 Aug, 2011 12:00am
Iraqi officials say rockets land in Iraq, not Kuwait

Iraqi officials say rockets land in Iraq, not Kuwait

Three rockets fired in Iraq's southern oil port city of Basra landed inside Iraq and were not aimed at Kuwait or the disputed Mubarak port, an Iraqi official said on Friday. Ali al-Maliki, head of the Basra provincial council's security committee, said th
Published 27 Aug, 2011 12:00am
British crew first to row to magnetic North Pole

British crew first to row to magnetic North Pole

A six-man British crew celebrated Friday after becoming the first to row to the magnetic North Pole, completing the 450-mile (725-kilometre) journey from northern Canada in just under four weeks. Crew leader Jock Wishart undertook the expedition to highli
Published 27 Aug, 2011 12:00am
China denounces US report, defends military upgrade

China denounces US report, defends military upgrade

China denounced on Friday a Pentagon report that warned its military modernisation could destabilise the region, saying the US military's annual assessment of Beijing's armed forces indulged in exaggeration and "groundless suspicion". Beijing and Washingt
Published 27 Aug, 2011 12:00am
New York cotton settles lower, market may see more losses

New York cotton settles lower, market may see more losses

Cotton futures settled higher Friday on investor buying to end a 3-day losing streak as firmer outside markets gave fibre contracts a lift, analysts said. World stocks surged and the dollar fell after Federal Reserve chairman Ben Bernanke left the door op
Published 27 Aug, 2011 12:00am
US copper up

US copper up

Copper jumped nearly 2 percent to close Wednesday at a three-week high, as confidence in Asian economic growth prospects and speculation that the Federal Reserve could stand ready to support the ailing US economy powered prices higher. In New York, the ac
Published 27 Aug, 2011 12:00am
Shanghai copper rises

Shanghai copper rises

The most-active November copper contract on the Shanghai Futures Exchange rose 1 percent to 67,440 yuan per tonne on Friday, after hitting a high of 67,350 yuan earlier in the session. It rose 0.5 percent on Thursday. Market players say that uncertainties
Published 27 Aug, 2011 12:00am
Copper moves higher

Copper moves higher

Copper rose on Friday, helped by a softer dollar and an investor focus on persistent concerns about long-term supplies of the metal, while much-awaited comments by Federal Reserve Chairman Ben Bernanke had little impact. Bernanke said it was critical for
Published 27 Aug, 2011 12:00am
Oil soars as Irene targets US East Coast

Oil soars as Irene targets US East Coast

Brent crude futures rose in choppy trade on Friday as Hurricane Irene targeted the US East Coast and traders weighed comments by US Federal Reserve Chairman Ben Bernanke on the economy. Bernanke gave a speech on the ailing US economy that mentioned no new
Published 27 Aug, 2011 12:00am
Tokyo, Shanghai rubber fall

Tokyo, Shanghai rubber fall

Tokyo rubber futures ended lower on Friday as investors liquidated contracts on concerns over the global economy ahead of a much-awaited speech from the US Federal Reserve chief. The benchmark rubber contract on the Tokyo Commodity Exchange for February,
Published 27 Aug, 2011 12:00am
US wheat near two-month high

US wheat near two-month high

US wheat rose on Thursday led by a near 2 percent jump in Kansas City hard red winter milling wheat as drought posed a threat to seedings of the 2012 crop. Markets were on edge ahead of a key speech by Federal Reserve Chairman Ben Bernanke on Friday, with
Published 27 Aug, 2011 12:00am
Malaysian palm oil hits two-week low

Malaysian palm oil hits two-week low

Malaysian palm oil futures hit over two-week lows on Friday, tracking a weaker overseas soy complex and crude oil amid grim global economic news as traders awaited a key speech by Federal Reserve Chairman Ben Bernanke. Palm oil has lost more than 21 perce
Published 27 Aug, 2011 12:00am
Arabicas jump over three-month peak

Arabicas jump over three-month peak

Arabica coffee futures barrelled to its highest level in over three months on Friday due to tight supplies of high quality beans but the market was seen as heavily overbought and due for a correction. Sugar and cocoa futures climbed as well, buoyed in par
Published 27 Aug, 2011 12:00am
US gold rebounds

US gold rebounds

Gold rose on Thursday after two days of sharp declines, as tumbling European and US equity markets on talk that Germany might enact a short-selling ban prompted investors to buy bullion as a safe haven. Early in the session, bullion dropped as much as 3 p
Published 27 Aug, 2011 12:00am
Gold steadies in Asia

Gold steadies in Asia

Spot gold was steady on Friday, but was likely to register its first weekly drop after seven straight weeks of gains as investors awaited a speech by US Federal Reserve Chairman Ben Bernanke later in the day. Spot gold gained 0.3 percent to $1,774.20 by 0
Published 27 Aug, 2011 12:00am
Gold rises in Europe

Gold rises in Europe

Gold prices rose on Friday in choppy trade ahead of a speech by US Federal Reserve Chairman Ben Bernanke in Jackson Hole, Wyoming, which will be closely watched for hints on the outlook for monetary policy. The metal is still set for its first weekly loss
Published 27 Aug, 2011 12:00am
US MIDDAY: corn pops two percent

US MIDDAY: corn pops two percent

US corn leaped over 2 percent to a new contract high on Friday because of concerns about reports of low yield potential for the 2011 harvest and on a big sale of corn to an unknown destination. Soyabeans also rallied nearly 2 percent on concerns about dim
Published 27 Aug, 2011 12:00am
US MIDDAY: copper rises

US MIDDAY: copper rises

Copper ended up for a fourth straight day on Friday, as investors banking on a second-half demand revival in China and longer-term supply tightness stepped up purchases ahead of a long holiday weekend. Even after a highly-anticipated speech from US Federa
Published 27 Aug, 2011 12:00am
US MIDDAY: gold rises one percent

US MIDDAY: gold rises one percent

Gold rose 1 percent on Friday after the Federal Reserve chairman said it was critical to reduce US unemployment, which encouraged some safe-haven bullion buying after days of liquidation pushed gold down sharply from record highs this week.
Published 27 Aug, 2011 12:00am
PMD installs another glacier monitoring station at Baltoro

PMD installs another glacier monitoring station at Baltoro

Pakistan Meteorological Department (PMD) in collaboration with Italian research organisation EV-K2-CNR, has installed another Automatic Weather Station (AWS) near Concordia at Baltoro glacier. The station will continuously record the parameters including
Published 27 Aug, 2011 12:00am
'Logo for Human Rights' to be selected through voting

'Logo for Human Rights' to be selected through voting

To make a peaceful contribution to strengthening human rights a "Logo for Human Rights" promotion is to be selected through voting until September 17 out of 15,375 suggestions from 190 countries. According to a statement released by German Embassy here, 1
Published 27 Aug, 2011 12:00am
Robbers loot Rs four million from bank

Robbers loot Rs four million from bank

Armed robbers looted around rupees four million from a private bank in a broad daylight in the limits of Pirabad Police Station here on Friday, police said. According to details, seven armed robbers barged into the branch of a private bank located at Pira
Published 27 Aug, 2011 12:00am
40 more suspects held in overnight search operations

40 more suspects held in overnight search operations

Sindh police claimed on Friday to have detained 40 more suspects during the overnight search operations conducted at various troubled areas of the city and recovered weapons and drugs from their possession. The operations were conducted at Bilal Colony, C
Published 27 Aug, 2011 12:00am
Emirates SkyCargo achieves another milestone

Emirates SkyCargo achieves another milestone

Emirates SkyCargo - the cargo division of Emirates Airline - has achieved yet another milestone in Pakistan. The local SkyCargo Karachi Station has set a company record by hauling 52.87 tons of cargo in the belly of a Boeing 777-300ER from Karachi to Duba
Published 27 Aug, 2011 12:00am
AAML, Summit Bank sign agreement

AAML, Summit Bank sign agreement

Summit Bank and Atlas Asset Management Limited (AAML) have joined hands to distribute mutual funds of AAML through Summit Bank's branches across the country. "Under the Financial Institutions Cash Management arrangement, Summit Bank will distribute the mu
Published 27 Aug, 2011 12:00am
FBR urged to restore old e-filing system

FBR urged to restore old e-filing system

Pakistan Chemicals and Dyes Merchant Association (PCDMA), Haroon Agar has urged the Federal Board of Revenue (FBR) to restore previous e-filing system to facilitate traders to file sales tax return in time. Agar noted that recently introduced procedure of
Published 27 Aug, 2011 12:00am
Multinet Optical Fiber Network connects 450 branches of MCB

Multinet Optical Fiber Network connects 450 branches of MCB

MCB Bank announces successful completion of the first phase in its major online banking upgrade project for nation-wide branch connectivity. MCB partnered with Multinet Pakistan Pvt Ltd with the goal to deliver its customary exceptional client experiences
Published 27 Aug, 2011 12:00am
MUET extends date of admission forms

MUET extends date of admission forms

The Mehran University of Engineering and Technology (MUET), Jamshoro, has extended date of issuance and submission of Admission Forms for the session of 2011-2012.
Published 27 Aug, 2011 12:00am
Usman Ahmed elected BQATI president

Usman Ahmed elected BQATI president

Usman Ahmed and Abdul Rasheed Jan Mohammad have been elected unopposed as President and Vice President of Bin Qasim Association of Trade and Industry (BQATI) for the year 2011-12 respectively. Those who have been elected as members of the managing committ
Published 27 Aug, 2011 12:00am
Transporters increase fares on all inter-city routes

Transporters increase fares on all inter-city routes

Despite clear directives from the district administration, transporters have increased fares on all inter-city routes by 5-10 percent in the wake of upcoming Eid-ul-Fitr, revealed a survey carried out by Business Recorder.
Published 27 Aug, 2011 12:00am
31 file nominations for LCCI election

31 file nominations for LCCI election

Total 31 candidates filed their nominations on Friday for the forthcoming elections of the Lahore Chamber of Commerce and Industry, to be held on September 20 and 21. Twelve candidates filed papers for Corporate Class. These include Farooq Iftikhar, Abuza
Published 27 Aug, 2011 12:00am
Youm-ul-Quds observed

Youm-ul-Quds observed

Shia Ulema Council, Imamia Students Organisation, Asgharia and Jafaria students organisations on Friday observed the Yum-ul-Quds and burnt the American flag and they vehemently condemned the Israeli occupation of Palestine. More than 200 Shia activists st
Published 27 Aug, 2011 12:00am
SPSC Hyderabad announces results of written test

SPSC Hyderabad announces results of written test

The Sindh Public Service Commission (SPSC) Hyderabad has announced the result of pre-interview written test held in the month of April 2011 for the posts of Lecturer/Instructor Sindhi (Male/Female), Lecturer/Instructor Physics (Male) and Lecturer/Instruct
Published 27 Aug, 2011 12:00am
Hajj quota allocation: religious ministry issued notice for August 12

Hajj quota allocation: religious ministry issued notice for August 12

Lahore High Court, while adjourning to September 12 the proceedings in a petition filed by travelling companies against Hajj quota allocation to private tour operators on the basis of personal liking and political influence, observed that the ministry cou
Published 27 Aug, 2011 12:00am
Farzana, Chinese Minister discuss cooperation in social sector

Farzana, Chinese Minister discuss cooperation in social sector

Federal Minister and Chairperson Benazir Income Support Programme (BISP), Madame Farzana Raja met Chinese Deputy Foreign Minister Liu Zhenmin here in Beijing and discussed avenues of bilateral co-operation in social sector. Pakistan's Ambassador to China
Published 27 Aug, 2011 12:00am
Elders of Koki Khel tribe for implementation of Lafi Graft Accord

Elders of Koki Khel tribe for implementation of Lafi Graft Accord

Elders of Koki Khel tribe of Khyber Agency have demanded for stoppage of illegal construction work on their land at Shakas area and called for immediate implementation of Lafi Graft Accord of 1912 to resolve longstanding dispute between district governmen
Published 27 Aug, 2011 12:00am
14 inspectors transferred

14 inspectors transferred

District Co-ordination Officer Zahid Akhtar Zaman on Friday transferred 14 building inspectors of four towns here on account of unauthorised construction in the city. The transfer orders were issued on the recommendation of municipal services and special
Published 27 Aug, 2011 12:00am
Restoration of peace: 'Armed forces role commendable'

Restoration of peace: 'Armed forces role commendable'

Federal Minister for Communication, Dr Arbab Alamgir Khan Khalil on Friday said the armed forces are doing a commendable job to restore peace and brining stability in the country. The minister further said that the police, rangers and personnels' of law e
Published 27 Aug, 2011 12:00am
Fixed ST per litre on POL products: proposal not considered seriously

Fixed ST per litre on POL products: proposal not considered seriously

A Member of the Federal Board of Revenue (FBR) has asked the tax authorities to consider the proposal to impose fixed amount of sales tax per litre on petroleum products including high-speed diesel (HSD) and petrol. An FBR official told Business Record
Published 27 Aug, 2011 12:00am
Transfers, postings in FBR

Transfers, postings in FBR

The Federal Board of Revenue (FBR) has transferred and posted six tax officials of Inland Revenue Service (BS-17 and BS-18) with immediate effect.
Published 27 Aug, 2011 12:00am
Karachi situation

Karachi situation

It is heartening to note the arrival of the Army chief in violence-torn Karachi where he reportedly met heads of security and law enforcement agencies during a briefing on the city's situation.
Published 27 Aug, 2011 12:00am
Martin Luther King's dream now etched in stone

Martin Luther King's dream now etched in stone

Cheryl Leanza and her 5-year-old daughter were walking through a light crowd Thursday into the newest memorial on Washington's National Mall. "Do you remember what Martin Luther King did?" asked Leanza, a white mother from the Maryland suburbs outside Was
Published 27 Aug, 2011 12:00am
Fighting money laundering - a UK perspective - II

Fighting money laundering - a UK perspective - II

Identification22 requirements: Their essence is that the identity of counterparties and customers is known to the firm, and the same is required to be established as soon as reasonably practicable:23
Published 27 Aug, 2011 12:00am
Decision-making and Devolution

Decision-making and Devolution

The Karachi scene is a forerunner of many things to come unless we in Pakistan get our own act together. That act is not only about the bloodshed in Karachi but a way of thinking about the realities and honesty in life. Is there an honest way in this coun
Published 27 Aug, 2011 12:00am
Channelling the power of sports

Channelling the power of sports

Khyber-Pakhtunkhwa and the tribal agencies of Fata have become a regular feature of daily news for all the wrong reasons. Crumbling under massive militancy, good news from the region are far and few. With such a gloomy scenario, the announcement that 50 s
Published 27 Aug, 2011 12:00am
Will it work?

Will it work?

The Economic Co-ordination Committee (ECC) of the Cabinet, under the chairmanship of the federal Finance Minister Dr Abdul Hafeez Sheikh, supported the Water and Power Ministry's proposal to give operational and maintenance control of four power generatio
Published 27 Aug, 2011 12:00am
Flood-hit areas: Rescue 1122 staff directed to increase number of boats

Flood-hit areas: Rescue 1122 staff directed to increase number of boats

The Punjab Minister for Agriculture, Irrigation and Livestock Punjab Malik Ahmed Ali visited the flood-hit areas of Ganda Singh Wala Kasur and personally monitored the relief activities being carried out there. The Minister visited Talwar Post, Sehjra, Ba
Published 27 Aug, 2011 12:00am
IDPs return to Kurram Agency begins

IDPs return to Kurram Agency begins

The return of people rendered displaced in the wake of an army operation in Central Kurram Agency has begun on Friday. Talking to a private news channel, Political Agent Central Kurram Shahab Ali Shahab said that on the first day on Friday 65 families wer
Published 27 Aug, 2011 12:00am
Altaf concerned over kidnapping of Shahbaz Taseer

Altaf concerned over kidnapping of Shahbaz Taseer

Muttahida Qaumi Movement (MQM) Quaid Altaf Hussain on Friday expressed concern over the kidnapping of Shahbaz Taseer, son of the former governor of the Punjab Salman Taseer. Hussain termed the abduction of Shahbaz as reprehensible and asked the government
Published 27 Aug, 2011 12:00am
PPP protests abduction of Shahbaz Taseer

PPP protests abduction of Shahbaz Taseer

Pakistan Peoples' Party Punjab protested outside Punjab Assembly against the abduction of Shahbaz Taseer. Secretary General PPP Punjab, Samiullah Durrani said the PPP would continue protest until the recovery of Shahbaz Taseer. The party workers chanted s
Published 27 Aug, 2011 12:00am
US senators visit martyrs' memorial

US senators visit martyrs' memorial

"We place this wreath in memory of all members of the Pakistan Armed Forces who have given their lives in the fight against terrorism and violent extremism. These brave soldiers defended Pakistan with their lives, and the American people wish to honour th
Published 27 Aug, 2011 12:00am
Commodore Mirza new PAF spokesman

Commodore Mirza new PAF spokesman

Air Commo-dore Anis Mirza SI (M) on Friday was appointed as Director Media Affairs Pakistan Air Force, Air Headquarter, here. According to PAF, Commodore Mirza has replaced Air Commodore Tariq Qamar Yazdanie, who is proceeding on another appointment.
Published 27 Aug, 2011 12:00am
HRCP urges government to ensure safe recovery

HRCP urges government to ensure safe recovery

The Human Rights Commission of Pakistan (HRCP) has expressed alarm at the abduction of Shahbaz Taseer, son of assassinated Governor Punjab Salman Taseer, and called upon the government to ensure his early and safe recovery. In a statement issued on Friday
Published 27 Aug, 2011 12:00am
Punjab chief minister takes notice of abduction of Shahbaz Taseer

Punjab chief minister takes notice of abduction of Shahbaz Taseer

Punjab Chief Minister, Shahbaz Sharif on Friday took notice of the abduction of Shahbaz Taseer, son of late Governor of Punjab Salman Taseer. The chief minister has ordered law enforcement agencies to ensure prompt release of Shahbaz Taseer. Punjab Chief
Published 27 Aug, 2011 12:00am
Think tank downbeat on Afghan peace

Think tank downbeat on Afghan peace

Uncertainty over Washington's long-term plans in Afghanistan is undermining prospects of reconciliation with the Taliban, according to an influential foreign policy think tank. The independent Jinnah Institute said in a report released Thursday that the p
Published 27 Aug, 2011 12:00am
Rally held against Karachi killings

Rally held against Karachi killings

'Save Judiciary Committee' (SJC) took out a rally from High Court Bar premises to Lahore High Court main gate to express solidarity with Karachi people against target killing.
Published 27 Aug, 2011 12:00am
BDS defuses parcel bomb sent to scientist

BDS defuses parcel bomb sent to scientist

Bomb Disposal Squad (BDS) foiled a bid of terrorism at Gulistan-e-Jauhar where a powerful parcel bomb, dispatched to the house of the scientist of Pakistan Council of Scientific and Industrial Research (PCSIR), was defused on early Friday.
Published 27 Aug, 2011 12:00am
Three lost life in separate incidents

Three lost life in separate incidents

Three persons including a woman were killed in separate incidents at various parts of the metropolis here on Friday. According to police, a bullet-riddled body of a man was found near Denso Hall in the limits of Kharadar police station. The victim was ide
Published 27 Aug, 2011 12:00am
Geelani, Shabbir placed under house arrest

Geelani, Shabbir placed under house arrest

In Indian Occupied Kashmir, veteran Kashmiri Hurriyet leader, Syed Ali Geelani and senior APHC leader, Shabbir Ahmad Shah were placed under house arrest on Friday. Syed Ali Geelani has been placed under house arrest at his Hyderpora residence in occupied
Published 27 Aug, 2011 12:00am
PU awards PhD degrees

PU awards PhD degrees

Punjab University has awarded PhD degrees to Rana Amjad Ayub Bhatti S/o Muhammad Ayub Bhatti in the subject of Chemistry after approval of his research thesis entitled "Synthesis of Eco-Friendly Dyes."
Published 27 Aug, 2011 12:00am
Chakra Goth to have permanent police posts: Wassan

Chakra Goth to have permanent police posts: Wassan

Sindh Home Minister Manzoor Wassan has said that Korangi's violence prone Chakra Goth will have permanent police check posts. "Provincial government has planned check posts on permanent basis and will pay compensation to the victims of recent violence," h
Published 27 Aug, 2011 12:00am
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