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Print - 2011-09-06
Barroso does not see recession in Europe

Barroso does not see recession in Europe

European Commission chief Jose Manuel Barroso on Monday said he did not expect Europe to slide into recession, calling the European Union and the euro "strong and resilient." On his first official visit to Australia, the Spaniard also stressed the need to
Published 06 Sep, 2011 12:00am
Firmer China yuan helps curb inflation: World Bank chief

Firmer China yuan helps curb inflation: World Bank chief

The yuan's recent gains are helping to tame China's inflation but it is too early to conclude that Beijing has won its battle to cool price pressures, World Bank President Robert Zoellick said on Monday. Speaking in China where he wrapped up a five-day vi
Published 06 Sep, 2011 12:00am
Indian cabinet approves land reform bill

Indian cabinet approves land reform bill

India's cabinet approved on Monday a bill to reform land acquisition, aimed at giving farmers a better deal while helping fast-track industrialisation in Asia's third-largest economy. Difficulties in acquiring land for industrial and infrastructure projec
Published 06 Sep, 2011 12:00am
Europe crisis could kill weak banks: Deutsche Bank

Europe crisis could kill weak banks: Deutsche Bank

Europe's sovereign debt crisis will stunt bank profit for years and could kill off the weakest, Deutsche Bank chief executive Josef Ackermann told industry bosses, amid intense scrutiny of the sector's finances. "Prospects for the financial sector overall
Published 06 Sep, 2011 12:00am
ECB tells EU to step up reforms, says bond-buying temporary

ECB tells EU to step up reforms, says bond-buying temporary

The European Central Bank's next president warned eurozone governments on Monday not to assume the ECB will buy bonds indefinitely, despite the bank doubling its purchases last week to help his native Italy. Mario Draghi and incumbent ECB President Jean-C
Published 06 Sep, 2011 12:00am
ECB tells EU to step up reforms, says bond-buying temporary

ECB tells EU to step up reforms, says bond-buying temporary

The European Central Bank's next president warned eurozone governments on Monday not to assume the ECB will buy bonds indefinitely, despite the bank doubling its purchases last week to help his native Italy. Mario Draghi and incumbent ECB President Jean-C
Published 06 Sep, 2011 12:00am
China services growth at record low

China services growth at record low

China's services sector grew in August at its weakest pace on record, a private survey showed on Monday, as new orders ebbed and tightening measures to rein in an exuberant property sector started to pinch. The slowdown in the services sector to below lev
Published 06 Sep, 2011 12:00am
UK services PMI suffers biggest drop in a decade

UK services PMI suffers biggest drop in a decade

Activity in Britain's dominant services sector slowed at the fastest pace in a more than a decade last month, and firms' confidence in future business weakened to a one-year low, adding to evidence of a stalling economic recovery. Sterling slipped to a on
Published 06 Sep, 2011 12:00am
Honda recalls 72,115 cars in India

Honda recalls 72,115 cars in India

The Indian unit of Japanese auto maker Honda Motor Co said on Monday it will recall 72,115 of its City sedans to replace a power window switch, the firm's second recall since 2010 in the world's second-fastest growing major auto market. Honda sells close
Published 06 Sep, 2011 12:00am
Deutsche Telekom could miss fee if AT&T deal fails

Deutsche Telekom could miss fee if AT&T deal fails

Deutsche Telekom AG could miss out on a multi-billion dollar break fee if regulatory hurdles cause the failure of its $39 billion deal to sell T-Mobile USA to AT&T, a person familiar with the matter said. "There are a number of options under which the (br
Published 06 Sep, 2011 12:00am
IMF head warns again on bank capitalisation in Europe

IMF head warns again on bank capitalisation in Europe

The head of the International Monetary Fund Christine Lagarde insisted that European banks needed extra capital, in a magazine interview on Monday. "We believe that overall it is necessary to recapitalise European banks so that they are strong enough to w
Published 06 Sep, 2011 12:00am
Two girls shot dead in Turbat

Two girls shot dead in Turbat

Two minor girls were killed when unknown armed men opened indiscriminate fire at them here at the Tump area of Turbat on Monday. Local police said that unidentified gunmen opened indiscriminate fire at the two minor girls, adding as a result, they died in
Published 06 Sep, 2011 12:00am
Textile units opting to relocate to other states

Textile units opting to relocate to other states

Pakistan's textile units are increasingly opting to relocate to other countries including Bangladesh in an effort to enhance their ability to meet delivery orders on time, as international buyers are offering better prices than existing deals on condition
Published 06 Sep, 2011 12:00am
APCNGA rejects three-day gas loadshedding

APCNGA rejects three-day gas loadshedding

The All Pakistan CNG Association (APCNGA) has rejected the three-day gas loadshedding to the CNG stations in the Punjab. Sui Northern Gas Pipeline Company Limited (SNGPL) on Saturday has announced three days gas curtailment for CNG sector, which it suspen
Published 06 Sep, 2011 12:00am
Bilawal meets CPC leadership in China

Bilawal meets CPC leadership in China

PPP Chairman Bilawal Bhutto Zardari met Wang Jiarui, Minister of the International Department of Communist Party of China (CPC) Central Committee, here on Monday. The two leaders emphasised on carrying forward the legendary friendship between Pakistan and
Published 06 Sep, 2011 12:00am
LOTTE PAKISTAN LIMITED

LOTTE PAKISTAN LIMITED

Shares of Lotte Pakistan PTA are among the most traded equities at the Karachi Stock Exchange of late, with trading volumes averaging about 15 percent of benchmark index volume. The company is a world-class supplier of purified terephthalic acid (PTA), an
Published 06 Sep, 2011 12:00am
LOTTE PAKISTAN LIMITED

LOTTE PAKISTAN LIMITED

Shares of Lotte Pakistan PTA are among the most traded equities at the Karachi Stock Exchange of late, with trading volumes averaging about 15 percent of benchmark index volume. The company is a world-class supplier of purified terephthalic acid (PTA), an
Published 06 Sep, 2011 12:00am
Australian shares at two-week low

Australian shares at two-week low

Australian stocks fell 2.4 percent to a two-week closing low on Monday as fears of renewed recession in the United States and sustained worries about the eurozone debt crisis prompted a flight to safety. With Australia's June half reporting season wrapped
Published 06 Sep, 2011 12:00am
Indian shares down

Indian shares down

Indian shares fell 0.64 percent on Monday, snapping a three-day winning streak, on renewed concerns the United States may slip back into recession and Europe faced a series of risks that could re-ignite its debt crisis. India's No 2 software services expo
Published 06 Sep, 2011 12:00am
US markets closed

US markets closed

The stocks, financial and commodity markets in US were closed on Monday due to the Labour Day public holiday. The markets resume trading on Tuesday.
Published 06 Sep, 2011 12:00am
South East Asian markets: Singapore leads regional losses

South East Asian markets: Singapore leads regional losses

Most Southeast Asian stock markets fell on Monday as dismal US jobs data renewed fears of a US recession, turning regional big caps under selling pressure and commodity stocks pulled lower along with weak global oil prices. Mounting risks of the impact of
Published 06 Sep, 2011 12:00am
Nikkei skids 1.9 percent

Nikkei skids 1.9 percent

Japan's Nikkei average skidded nearly 2 percent on Monday to wipe out last week's gains, hurt by a weaker euro and a US jobs report that raised worries President Barack Obama's job measures will not be enough to prevent another US recession. Firms with hi
Published 06 Sep, 2011 12:00am
Middle East markets: oil drop weighs on Saudi bourse

Middle East markets: oil drop weighs on Saudi bourse

Saudi Arabia's bourse declined on Monday as falling crude prices and worries over the global economy spurred selling, ending an early-week equity rally in the world's top oil exporter. Regional markets were mixed, with Egypt gaining on optimism that compa
Published 06 Sep, 2011 12:00am
Taiwan stocks fall

Taiwan stocks fall

Taiwan stocks fell 2.65 percent in their worst single-day percentage loss in three weeks on Monday, joining regional bourses in sharp declines as weak US employment data heightened fears of a global recession. Market sentiment turned cautious after an ove
Published 06 Sep, 2011 12:00am
Seoul shares tumble

Seoul shares tumble

Seoul shares finished down more than 4 percent on Monday, erasing almost all the gains earned last week, as deepening worries about the US economy decreased investors' risk appetite and pummelled key exporters and energy counters. The Korea Composite Stoc
Published 06 Sep, 2011 12:00am
Hong Kong, China shares dip

Hong Kong, China shares dip

Hong Kong shares traded lower for a second straight session on Monday, after dismal US jobs data on Friday renewed recession fears on the world's largest economy. CNOOC Ltd led declines with an 8 percent drop. In the last two sessions, the Hang Seng Index
Published 06 Sep, 2011 12:00am
Growth gloom pushes FTSE to two-week lower

Growth gloom pushes FTSE to two-week lower

Britain's top share index was left nursing heavy losses on Monday after service sector data from China, the eurozone and the UK intensified concerns the global economy is facing another recession. The FTSE 100 index ended down 189.45 points, or 3.6 percen
Published 06 Sep, 2011 12:00am
ECB may struggle to meet market expectations

ECB may struggle to meet market expectations

Money markets may struggle to make headway this week even if the European Central Bank indicates it is unlikely to raise interest rates again, given that prices already reflect expectations of an easing of policy. ECB President Jean-Claude Trichet last we
Published 06 Sep, 2011 12:00am
Swiss franc up

Swiss franc up

The Swiss franc rose against the euro and the dollar on Monday amid renewed safe-haven demand ahead of a potentially risky week for the eurozone debt crisis. News that Greece and its international lenders are at odds over whether it has met conditions for
Published 06 Sep, 2011 12:00am
Yuan weakens

Yuan weakens

China's yuan ended slightly weaker against the dollar on Monday after the People's Bank of China set a weaker mid-point amid a strengthening dollar due to mounting concerns over the eurozone debt crisis and a darkening US economic outlook. The US dollar i
Published 06 Sep, 2011 12:00am
Euro, Aussie dollar fall in Asia

Euro, Aussie dollar fall in Asia

The euro fell to fresh three-week lows against the dollar in Asia on Monday, while commodity currencies also came under pressure as worries about eurozone debt problems and weak US payrolls data hit appetite for riskier assets. Data last Friday showed US
Published 06 Sep, 2011 12:00am
Euro slumps in London trade

Euro slumps in London trade

The euro fell broadly on Monday, hitting a one-month low versus the dollar as worries about Greek and Italian public finances and a regional election rout for Germany's ruling party added to concerns about the eurozone debt crisis. The single currency fel
Published 06 Sep, 2011 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 74.12/74.22 (previous 74.10/74.30). Call Money Rates: 14.00-20.00 percent (previous 12.00-20.00 percent).
Published 06 Sep, 2011 12:00am
Indian rupee weakens

Indian rupee weakens

The Indian rupee weakened on Monday, dragged by a weak euro and negative local shares, on renewed concerns that the United States may be slipping back into a recession which prompted investors to dump riskier assets. The partially convertible rupee ended
Published 06 Sep, 2011 12:00am
Emerging Asian currencies tumble

Emerging Asian currencies tumble

Emerging Asian currencies fell broadly on Monday, led by a drop in the South Korean won, after weak US jobs data last week revived US recession fears and stirred worries of knock-on effects on Asian economies. The Indonesian rupiah took in its stride data
Published 06 Sep, 2011 12:00am
Aussie and New Zealand dollars retreat

Aussie and New Zealand dollars retreat

The Aussie and New Zealand dollars retreated modestly on Monday, pressured by weak stocks and global uncertainty, though upbeat economic data at home made it more likely than ever the Reserve Bank of Australia (RBA) would keep rates steady this week.
Published 06 Sep, 2011 12:00am
Sterling plunges

Sterling plunges

Sterling hit a 1-1/2 month low against the dollar on Monday after data showed a sharp slowdown in the UK services sector, fuelling speculation the Bank of England may resort to another round of asset purchasing to boost the economy. The pound was also hit
Published 06 Sep, 2011 12:00am
Stosur reaches quarters

Stosur reaches quarters

Samantha Stosur dropped an epic second-set tiebreaker but recovered to beat Maria Kirilenko 6-2, 6-7 (15/17), 6-3 on Sunday to reach the quarter-finals of the US Open. Russia's Kirilenko prevailed in what the WTA said was the longest women's singles tiebr
Published 06 Sep, 2011 12:00am
Nadal in health drama, Murray eases on

Nadal in health drama, Murray eases on

Defending champion Rafael Nadal shocked the US Open on Sunday when he collapsed with cramps during a bizarre news conference while Andy Murray stayed on course for a semi-final clash against the Spaniard. Nadal, 25, was talking to journalists two hours af
Published 06 Sep, 2011 12:00am
PCB finds beer ad unethical, disrespectful

PCB finds beer ad unethical, disrespectful

The Pakistan Cricket Board has called a beer advertisement in New Zealand unethical and disrespectful for making fun of the match-fixing scandal that Pakistani players were embroiled in last year. In a statement issued on Monday, the PCB accused the Moa B
Published 06 Sep, 2011 12:00am
Bangladesh axe Shakib as captain

Bangladesh axe Shakib as captain

Bangladesh have sacked captain Shakib Al Hasan and his deputy Tamim Iqbal following the team's dismal tour of Zimbabwe, the Bangladesh Cricket Board said on Monday. Zimbabwe, returning to Test cricket after a six-year exile for political reasons, beat Ban
Published 06 Sep, 2011 12:00am
Aisam, Bopanna enter US Open quarters

Aisam, Bopanna enter US Open quarters

Aisam-ul-Haq Qureshi and Rohan Bopanna reached men's doubles quarter-finals at US Open. The Pak-India duo beat Australian-Belgian pair of Paul Hanley and Dick Norman 6-2, 6-3, a private news channel reported on Monday. The fifth seeded pair will now face
Published 06 Sep, 2011 12:00am
Pakistan beat Zimbabwe in one-off Test

Pakistan beat Zimbabwe in one-off Test

Pakistan beat Zimbabwe by seven wickets at Queens Sports Club here on Monday, getting the winning runs with seven wickets in hand a few minutes before lunch on day five. They were left needing 88 runs for victory after bundling the home team out for 141 r
Published 06 Sep, 2011 12:00am
Yemen air strikes kill seven civilians

Yemen air strikes kill seven civilians

Yemeni air force jets hit an al Qaeda stronghold town in the south of the country Monday, killing seven civilians when they mistakenly struck a mosque, a local official said. "The Yemeni air force accidentally shelled a mosque in Jaar, killing seven peopl
Published 06 Sep, 2011 12:00am
Israelis and Turks complain of abuse at airports

Israelis and Turks complain of abuse at airports

Israeli travellers accused Istanbul airport staff of humiliating them and Turkish tourists complained of similar abuse at Israel's main airport, as ties between the two countries hit a new low on Monday. The Israeli foreign ministry said 40 Israelis were
Published 06 Sep, 2011 12:00am
Scuffles disrupt Mubarak trial as police testify

Scuffles disrupt Mubarak trial as police testify

A senior police officer said at the trial of Hosni Mubarak on Monday he was not aware of any order to fire on protesters who ousted him, as supporters and opponents of the deposed Egyptian president scuffled inside and outside the courtroom. Mubarak is ch
Published 06 Sep, 2011 12:00am
West Bank mosque torched as police dismantle outpost

West Bank mosque torched as police dismantle outpost

Vandals set fire to a mosque in the northern West Bank early on Monday in an apparent retaliatory attack after police dismantled three homes in a Jewish settlement. The mosque in Qusra village, some 15 kilometres (12 miles) south-east of Nablus, was damag
Published 06 Sep, 2011 12:00am
Britain launches 9/11 website for schoolchildren

Britain launches 9/11 website for schoolchildren

A website to teach schoolchildren in Britain about the events of 9/11 and "demolish conspiracy theories" surrounding the attacks was launched on Monday by the Mayor of London Boris Johnson. "It is only if we and our children properly remember and understa
Published 06 Sep, 2011 12:00am
India's 'Dalit queen' sent jet to collect sandals: WikiLeaks

India's 'Dalit queen' sent jet to collect sandals: WikiLeaks

A powerful Indian politician dubbed the Untouchables Queen once sent a jet to pick up her favourite brand of sandals, according to leaked US diplomatic cables released by the WikiLeaks website. Mayawati, head of India's most populous state, Uttar Pradesh,
Published 06 Sep, 2011 12:00am
Red Cross visits Syrian jail

Red Cross visits Syrian jail

Syria has opened its main prison in Damascus to the Red Cross, the organisation said on Monday, a move that could help reveal the fate of some of the thousands detained since the start of a five-month uprising. The International Committee of the Red Cross
Published 06 Sep, 2011 12:00am
World is safer 10 years after 9/11: EU, Nato

World is safer 10 years after 9/11: EU, Nato

The world is safer today than in the aftermath of the September 11 attacks on the United States, with global terror groups weaker than 10 years ago, senior EU and Nato officials said Monday. A decade after al Qaeda traumatised the United States, the terro
Published 06 Sep, 2011 12:00am
Small plane crash kills two, sparks California fire

Small plane crash kills two, sparks California fire

Authorities say that a plane crash that sparked a fire near a central California mountain community killed two people. One death was reported earlier. But fire official Sean Collins says two died when the small plane went down shortly before noon Sunday.
Published 06 Sep, 2011 12:00am
Two dead in Texas wildfires, homes destroyed

Two dead in Texas wildfires, homes destroyed

Sixty separate wildfires, whipped by strong winds, were burning across Texas on Monday, destroying hundreds of homes and killing at least two people, officials said. Authorities in Gregg County, in north-east Texas, say a 20-year-old woman and her 18-mont
Published 06 Sep, 2011 12:00am
US must stay in Afghanistan or risk more attacks: envoy

US must stay in Afghanistan or risk more attacks: envoy

The United States must keep fighting the Taliban or risk more attacks like those of September 11, 2001, because the insurgent group is a ruthless enemy that has not cut ties to al Qaeda, the US ambassador to Kabul said. Ryan Crocker, a career diplomat who
Published 06 Sep, 2011 12:00am
Britain's wheat crop quality seen above average

Britain's wheat crop quality seen above average

Initial results suggest Britain's wheat crop is better quality than last season and the three-year average, the Home-Grown Cereals Authority (HGCA) said on Monday issuing provisional results of a cereal quality survey. The results from 18,000 wheat sample
Published 06 Sep, 2011 12:00am
Shanghai copper slides

Shanghai copper slides

Copper prices fell on Monday on gloomy US payroll data and a historic low for an index of the Chinese services sector, as doubts grew over growth in the world's largest economies. Traders said hopes of further monetary easing measures by the Federal Reser
Published 06 Sep, 2011 12:00am
Copper falls on fears of economic slowdown

Copper falls on fears of economic slowdown

Copper traded at its lowest in more than a week on Monday after a historic low reading for China's services sector index and a disappointing US jobs report last week stoked concerns of a slowdown in global economic growth. Benchmark copper on the London M
Published 06 Sep, 2011 12:00am
Oil slumps over $2

Oil slumps over $2

Oil fell more than 2 percent for a third successive day of losses on Monday, tumbling in tandem with other risk assets as European bank and debt jitters and doubts over global growth haunted traders. While total trading volume was two thirds below its nor
Published 06 Sep, 2011 12:00am
Tokyo, Shanghai rubber fall

Tokyo, Shanghai rubber fall

Tokyo rubber futures hit their lowest in a week on Monday as weak US jobs data re-ignited concerns about the world economy and a possible drop in rubber demand, while falling oil prices added to downward pressure on prices, dealers said. The benchmark rub
Published 06 Sep, 2011 12:00am
Malaysian palm oil dips

Malaysian palm oil dips

Malaysian palm oil futures fell 1.1 percent on Monday with few leads as US markets were shut for a holiday although investors feared hot and dry weather might slash soy crop yields in the Midwest and spur demand for the Asian edible oil. Firm palm oil exp
Published 06 Sep, 2011 12:00am
Robusta coffee slides on Vietnam crop outlook

Robusta coffee slides on Vietnam crop outlook

Robusta coffee futures on Liffe fell sharply on Monday, under pressure from an imminent large crop in Vietnam, while white sugar and cocoa futures also fell. US commodity markets were shut on Monday for Labour Day. Robusta coffee futures fell on small vol
Published 06 Sep, 2011 12:00am
Standard Chartered shuns rush for metals warehouses

Standard Chartered shuns rush for metals warehouses

Standard Chartered has no plans to buy a metals warehouse, its global head of metals trading said, shunning a rush by banks to get into the storage business, and instead will continue to work with warehouse companies. "It's not something that has been on
Published 06 Sep, 2011 12:00am
Gold edges lower in Asia

Gold edges lower in Asia

Spot gold edged lower on Monday, retaining most of its gains from the previous session, as a dismal growth outlook after last week's US jobs data supported safe-haven interest in bullion. US employment growth ground to a halt in August, reviving recessio
Published 06 Sep, 2011 12:00am
Gold nears record above $1,900

Gold nears record above $1,900

Gold climbed to a near record high above $1,900 an ounce on Monday as renewed pangs of eurozone debt concerns sent investors fleeing from riskier assets. Stock markets in Europe extended a decline that was set off by Friday's gloomy US payrolls data, with
Published 06 Sep, 2011 12:00am
NAB Khyber Pakhtunkhwa to hear public complaints against corruption

NAB Khyber Pakhtunkhwa to hear public complaints against corruption

National Accountability Bureau (NAB) Khyber-Pakhtunkhwa decided to hear public complaints against corruption, forgery and fraud in Khyber-Pakhtunkhwa. For this purpose, the anti-graft agency will send officers to all the major cities of the Khyber-Pakhtun
Published 06 Sep, 2011 12:00am
Two detained cops released

Two detained cops released

The police department on Monday ordered to release two policemen, who were detained over the charges of concealing robbed money recovered from the bandits on August 25. According to details, a robbery incident was occurred in the limits of Jackson police
Published 06 Sep, 2011 12:00am
Four PHC judges take oath

Four PHC judges take oath

Four permanent judges of Peshawar High Court (PHC) have taken oath of their office here on Monday. The judges include Justice Attaullah Khan, Justice Muftahuddin, Justice Mian Fasihul Mulk and Justice Mazhar Alam Miankhel. Chief Justice PHC Ijaz Afzal has
Published 06 Sep, 2011 12:00am
DCO reviews anti-polio campaign

DCO reviews anti-polio campaign

District Coordination Officer (DCO), Karachi, Mohammad Hussain Syed has said that oral polio vaccine would be administered to over 2.3 million children under the age of five years during the next polio eradication campaign in the city. He said that 400 ad
Published 06 Sep, 2011 12:00am
Godhra death toll tops eight

Godhra death toll tops eight

Four more persons including a woman, who sustained bullet wounds in an armed clash at Godhra on Sunday evening, succumbed to their injuries in hospital on Monday, taking the death toll to eight. According to police and eyewitnesses, the clash that sparked
Published 06 Sep, 2011 12:00am
Promotion of business, trade activities top priority: Prime Minister

Promotion of business, trade activities top priority: Prime Minister

Prime Minister, Syed Yousuf Raza Gilani has said that endorsement of business and trade activities in the country is the top priority of the government and no stone will be left unturned in this regard. The business community is playing a vital role in th
Published 06 Sep, 2011 12:00am
FIA to probe into arms licenses' issuance

FIA to probe into arms licenses' issuance

Federal Investigation Agency (FIA) will hold an inquiry into the total number of arms licenses issued by the ministry of interior since 2000 and it would be based on the record of National Bank of Pakistan which is authorised to collect challans and fee d
Published 06 Sep, 2011 12:00am
ANP activist among four killed in Karachi

ANP activist among four killed in Karachi

A malevolent gunny-bag-body trend has picked up in the city as bodies of three more persons including an activist of Awami National Party were found stuffed in gunny bags at various places, here on Monday. According to police, an activist of ANP was found
Published 06 Sep, 2011 12:00am
PTCL launches 3G wireless broadband

PTCL launches 3G wireless broadband

Pakistan Telecommunication Company Limited (PTCL) launched the country's first 3G enabled tablet with built in EVO Wireless Broadband on 14th August this year. The product has received tremendous response from the users resulting in a runaway success. The
Published 06 Sep, 2011 12:00am
ACCA develops first stage of innovative e-assessment programme

ACCA develops first stage of innovative e-assessment programme

The demand for a professional accountancy qualification has remained high during tough economic times as the results from the ACCA examinations in June reveal that 196,000 students sat for papers, with more than 6,000 taking a major step towards membershi
Published 06 Sep, 2011 12:00am
LHCBA invites Dr Zulfiqar Mirza

LHCBA invites Dr Zulfiqar Mirza

A number of members Lahore High Court Bar Association here on Monday moved a requisition for calling an emergent meeting for passing request to former provincial minister Sindh Dr Zulfiqar Mirza to come to the bar and address the bar members. The bar memb
Published 06 Sep, 2011 12:00am
Arms licences: Rehman asks Nadra to ensure early revalidation

Arms licences: Rehman asks Nadra to ensure early revalidation

Interior Minister Rehman Malik has directed the National Database and Registration Authority (Nadra) to make sure the revalidation of all arms licences issued by the Ministry of Interior as well as the provincial governments with immediate effect.
Published 06 Sep, 2011 12:00am
Supreme Court dismisses HT members' identical petitions

Supreme Court dismisses HT members' identical petitions

The Supreme Court (SC) on Monday dismissed identical petitions filed by members of Hizb-ul-Tahrir seeking instructions to stop kidnapping of HT activities instead of referring to inquiry commission on missing persons.
Published 06 Sep, 2011 12:00am
Ambassadors of Sweden, France pay farewell call on President

Ambassadors of Sweden, France pay farewell call on President

Ambassador of Sweden Ms Ulrika Sundberg and Ambassador of France Daniel Jouanneau Paul Henry, separately paid farewell call on the President Asif Ali Zardari at Aiwan-e-Sadr on Monday. The President while talking to the Ambassadors lauded their valuable s
Published 06 Sep, 2011 12:00am
Industries appreciate gas supply resumption from Qadirpur

Industries appreciate gas supply resumption from Qadirpur

The industrial sector of Pakistan has appreciated the government's, especially the Ministry of Petroleum, for reduced annual maintenance (ATA) period of one of Pakistan's largest gas fields, Qadirpur, which was earlier decided to completely shut down from
Published 06 Sep, 2011 12:00am
TMOs transferred for dismal performance

TMOs transferred for dismal performance

Sindh Chief Minister, Syed Qaim Ali Shah has expressed displeasure over the performance of TMOs of Mehrabpur Sadiq Rajpar and TMO Moro Faheem Memon in their failure to dispose of sewerage water and ordered their transfer.
Published 06 Sep, 2011 12:00am
National Assembly body on Textile to visit PHMA tomorrow

National Assembly body on Textile to visit PHMA tomorrow

The National Assembly's Standing Committee on Textile Industry is holding an important meeting with representatives of value-added textile sector in Karachi on Wednesday, September 7. According to a notice of the National Assembly Secretariat, the committ
Published 06 Sep, 2011 12:00am
Four target killers, political workers among 120 suspects held

Four target killers, political workers among 120 suspects held

Law Enforcement Agencies (LEAs) on Monday claimed to have detained over 120 suspects including four target killers and several political workers in different search operations at various parts of the metropolis. According to police sources, the Godhra sea
Published 06 Sep, 2011 12:00am
Army conducts relief work in rain-affected areas

Army conducts relief work in rain-affected areas

Army troops distributed eatables and household items worth rupees five million in Mehar, Tando Bago and other areas of Sindh to the rain affectees and those marooned in the wake of heavy rains. This was stated by an official of the ISPR here on Monday.
Published 06 Sep, 2011 12:00am
350 Hindu pilgrims rescued

350 Hindu pilgrims rescued

At least 350 people including men, women and children performing their annual Hindu rituals at the popularly known as 'Nani Hinglaj' hills, 250 kms north west of Karachi, have been rescued successfully trapped in flash floods after monsoon rains, rescue s
Published 06 Sep, 2011 12:00am
Torrential rains: Qaim hints at seeking help from UN

Torrential rains: Qaim hints at seeking help from UN

Chief Minister, Sindh Syed Qaim Ali Shah has said that Sindh has received historical torrential rains, causing devastation in 21 districts of the province. He informed that federal government, on the recommendation of Sindh government, is now seriously co
Published 06 Sep, 2011 12:00am
192 criminals held; 23 cars and 162 mobile phones recovered

192 criminals held; 23 cars and 162 mobile phones recovered

Islamabad Police during its special campaign arrested 192 street criminals as well as dacoits and recovered 23 stolen cars, 162 mobile phones and other looted commodities worth hundreds of thousands of rupees. Inspector General of Police (IGP) Islamabad B
Published 06 Sep, 2011 12:00am
Performance of Rescue 1122 during Eid days lauded

Performance of Rescue 1122 during Eid days lauded

Rescue 1122 had remained on emergency alert during Eid days and responded to 173 emergencies rescuing 199 victims during two days of Eidul Fitr. This was stated by Dr Rizwan Naseer, Director General Rescue 1122 here on Monday.
Published 06 Sep, 2011 12:00am
Heavy rains may continue for three more days

Heavy rains may continue for three more days

The Met Office on Monday said current spell of heavy monsoon rains is likely to continue for another three days in Sindh, adding that the downpour may cause more flooding in the province. The fresh advisory of the Met Office says the spell is expected to
Published 06 Sep, 2011 12:00am
Sabir appointed DG AGO Punjab

Sabir appointed DG AGO Punjab

Chief Finance and Accounts Officer of Pakistan Audit and Accounts Services, Sabir Hussain Sabir has been posted as Director General, Accountant General Office, Punjab in place of Muhammad Hasil Korai. He has taken the responsibilities as DG, AG Office.
Published 06 Sep, 2011 12:00am
MUET supplementary exams postponed

MUET supplementary exams postponed

Controller of Examinations, MUET has notified concerned students of all the disciplines that the supplementary examinations, scheduled to be held on Tuesday, 6th September, have been postponed due to monsoon rains. The notification, issued on Sunday, said
Published 06 Sep, 2011 12:00am
HCCI elections: EC meeting scrutinises nomination papers

HCCI elections: EC meeting scrutinises nomination papers

As per the approved Election Schedule 2011-12 for conducting HCCI elections, a meeting of three-member committee of EC was held Monday to scrutinise the nomination forms submitted by 51 voter members for six vacant positions of Corporate Class and six vac
Published 06 Sep, 2011 12:00am