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Print - 2011-09-10
Man shot dead, cousin injured

Man shot dead, cousin injured

A man, Arbab Naveed, was shot dead and his cousin was injured in Abdullah Goth in the limits of Sacchal police station on Friday. According to police, the incident took place at Abdullah Palari Goth where Naveed, 25, along with his cousin Saeed and two tr
Published 10 Sep, 2011 12:00am
Taimoor Shah elected chairman APTMA KPK

Taimoor Shah elected chairman APTMA KPK

Mohammad Taimoor Shah, Director M/S Sarhad Textile Mills Limited, Gadoon, has been elected as Chairman All Pakistan Textile Mills Association (APTMA), Khyber-Pakhtunkhwa, while Raza Kuli Khan Khattak, Chief Executive M/S Babri Cotton Mills Ltd, Kohat, has
Published 10 Sep, 2011 12:00am
Anjum Aqeel to be chargesheeted on September 19

Anjum Aqeel to be chargesheeted on September 19

Islamabad Police submitted challan against Anjum Aqeel Khan, MNA of Pakistan Muslim League Nawaz and 32 other persons in escape case from police custody. The prosecution presented the challan in the Court of Muhammad Akram Awan, Judge of Anti-Terrorism Co
Published 10 Sep, 2011 12:00am
IPPs faced with mind boggling situation

IPPs faced with mind boggling situation

The nine independent power producers (IPPs) are faced with a "mind boggling" situation after serving notice to the government for payment of their overdues running in billions of rupees. Well informed source told Business Recorder here on Friday th
Published 10 Sep, 2011 12:00am
BWL profit after tax increases

BWL profit after tax increases

The profit after tax of Balochistan Wheels Limited (BWL) has increased to Rs 94.997 million in the year ended June 30, 2011 (FY11), as compared to Rs 83.657 million earned in FY10. The company's earning per share increased to Rs 7.12 in the period under r
Published 10 Sep, 2011 12:00am
BWL profit after tax increases

BWL profit after tax increases

The profit after tax of Balochistan Wheels Limited (BWL) has increased to Rs 94.997 million in the year ended June 30, 2011 (FY11), as compared to Rs 83.657 million earned in FY10. The company's earning per share increased to Rs 7.12 in the period under r
Published 10 Sep, 2011 12:00am
Shershah market trader kidnapped

Shershah market trader kidnapped

A trader of Shershah market was kidnapped after he allegedly refused to pay extortion in the limits of Pak Colony police station on Friday. According to police and traders, some four unknown armed persons came in an ambulance at Shershah market and kidnap
Published 10 Sep, 2011 12:00am
Three new polio cases surface

Three new polio cases surface

With the registration of three new cases, the total number of polio cases in the country has reached 84. Mazhar Nisar, spokesperson of the National Institute of Health (NIH) confirmed that three new polio cases, one from Sindh and two from Fata have been
Published 10 Sep, 2011 12:00am
Capital police arrest 13 accused

Capital police arrest 13 accused

Capital Police apprehended 13 accused for their alleged involvement in different crimes including possessing of illegal arms, drug pushing, bootlegging and other crimes in different operations carried out in federal capital and recovered five pistols, thr
Published 10 Sep, 2011 12:00am
Possible terror alert: police, LEAs put on high alert

Possible terror alert: police, LEAs put on high alert

Police and other law enforcement agencies in the country were put on high alert ahead of the terror alert by intelligence agencies regarding kidnapping of a high government functionary by Taliban to get free Osama bin Laden's wives and children, informed
Published 10 Sep, 2011 12:00am
Experts for enhancement of education budget

Experts for enhancement of education budget

Education experts at seminar have underscored the need of enhancement of education budget in the country and called for taking self-reliance initiatives to enhance literary ratio instead of relying on foreign funds in order to meet international obligatio
Published 10 Sep, 2011 12:00am
Nisar quitting PAC: no decision by PML-N leadership yet

Nisar quitting PAC: no decision by PML-N leadership yet

Deliberations are still afoot within Pakistan Muslim League-Nawaz (PML-N) whether or not to assent the decision taken by Leader of the Opposition Nisar Ali Khan of quitting the chairmanship of the Public Accounts Committee (PAC) in protest against the app
Published 10 Sep, 2011 12:00am
Teachers are real nation builders: vice chancellor GCU

Teachers are real nation builders: vice chancellor GCU

A four-day training of the university's young teachers in modern teaching methodologies, time management, communication skills, stress management, lesson planning, education psychology, assessment and personality development has concluded here at the Gove
Published 10 Sep, 2011 12:00am
Rain emergency: Japan to provide relief goods worth $450,000

Rain emergency: Japan to provide relief goods worth $450,000

The Government of Japan decided on Friday to provide emergency relief goods such as tents, water purification equipment, etc, equivalent to approximately 35 million Japanese yen (approximately US $450,000/- Pak. Rs 37.5 million) in total to the Government
Published 10 Sep, 2011 12:00am
Mobilink announces winners of Blogpad competition

Mobilink announces winners of Blogpad competition

Mobilink has announced Farrukh Zafar as the winner of the first Mobilink Blogpad, the first blogging competition in Pakistan. The Mobilink Blogpad was the first digital media initiative challenging the creativity and critical thinking prowess of bloggers
Published 10 Sep, 2011 12:00am
Sindh government floats new policy for arms licences

Sindh government floats new policy for arms licences

With a view to offset the political pressure emerged from the controversial arms licenses issue, the Sindh government has floated a policy to scale down the number of licenses issued from 2001 to 2010.
Published 10 Sep, 2011 12:00am
ACCA qualifications in demand in challenging times

ACCA qualifications in demand in challenging times

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 papers, with more than 6,000 taking a major step towards membership of
Published 10 Sep, 2011 12:00am
40 villages submerged after heavy rains

40 villages submerged after heavy rains

Flood in Nari River and Kaboloa Lake after heavy torrential rains in the upper parts of Balochistan submerged at-least 40 villages, displacing a number of families in the Tambo tehsil of Nasirabad district on Friday.
Published 10 Sep, 2011 12:00am
FIR registered against 6 policemen in murder case

FIR registered against 6 policemen in murder case

FIR has been registered against six police officials at Hingorja police station in a murder case on Friday. According to detail under direction of Sindh High Court Sukkur bench Hingorja police registered the FIR of murder of driver Niaz Saheto against six
Published 10 Sep, 2011 12:00am
Meeting reviews Hajj Operation 2011

Meeting reviews Hajj Operation 2011

A meeting under the chairmanship of Federal Minister for Religious Affairs, Syed Khursheed Ahmad Shah, was held at PIA Head Office to review PIA Hajj Operation 2011.
Published 10 Sep, 2011 12:00am
Heavy rains take 23 more lives in Sindh

Heavy rains take 23 more lives in Sindh

Around 23 more people lost their lives in different areas of the province due to heavy rains during the past twelve days. The monsoon rains started in Sindh from August 29th and almost 165 people have lost their lives so far. According to sources in Provi
Published 10 Sep, 2011 12:00am
Rotary club helps rehabilitate flood victims in Sindh

Rotary club helps rehabilitate flood victims in Sindh

The recent floods have displaced a large number of families in Sindh. In order to help the families of those affected by the flood, Governor Iqbal Qureshi of Rotary International, and many other members of Rotary clubs recently visited the flood affected
Published 10 Sep, 2011 12:00am
'Government to make secure women workplaces'

'Government to make secure women workplaces'

Provincial Minister for Information, Mian Iftikhar Hussain said on Friday that the government would ensure protection of working women at their place of posting and assured implementation on Anti-Sexual Violence Harassment Law 2010. This he said while add
Published 10 Sep, 2011 12:00am
Hamza vows to retrieve sports grounds from 'qabza mafia'

Hamza vows to retrieve sports grounds from 'qabza mafia'

A bill regarding promotion of sports and setting up sports grounds in Punjab would be got passed from the provincial assembly so that any future government could continue this process. This was disclosed by Pakistan Muslim League-Nawaz (PML-N) leader Hamz
Published 10 Sep, 2011 12:00am
Gold prices increase

Gold prices increase

The prices of gold on Friday increased by Rs 100 to Rs 60, 700 per tola on the local market but the yellow metal global value remained unchanged at $1832 an ounce. The price of gold per 10 gram also showed a small rise of Rs 86, traders said.
Published 10 Sep, 2011 12:00am
Admissions in MBBS/BDS: 3,430 candidates to appear at entry test

Admissions in MBBS/BDS: 3,430 candidates to appear at entry test

As many as 3,430 candidates would appear at the entry test being held on 13th September at local two centres at Agri. University and Government College for Women Madina Town under arrangements of University of Health Services Punjab for the admission in M
Published 10 Sep, 2011 12:00am
PRCS members voice concern at demolition of building

PRCS members voice concern at demolition of building

Professor Lieutenant Colonel Muhammad Wali Khan Durrani (Retd) and other life members of Sindh Branch of Pakistan Red Crescent Society (PRCS) have expressed concern over what they claim the rapid and hasty demolition of property worth millions of rupees o
Published 10 Sep, 2011 12:00am
Reconciliation politics hurting Karachi peace: Mumtaz

Reconciliation politics hurting Karachi peace: Mumtaz

The Chairman of Sindh National Front, Mumtaz Ali Bhutto, said on Friday that bloodshed in Karachi can not be stopped if the rulers continued playing the politics of reconciliation to prolong their power. "The bloodshed can be stopped within a few days. Bu
Published 10 Sep, 2011 12:00am
Accord signed: NCR, NBP to install 150 ATMs nationwide

Accord signed: NCR, NBP to install 150 ATMs nationwide

NCR Corporation and National Bank of Pakistan together Friday announced during a contract signing ceremony to install 150 ATMs nation-wide in the branches of NBP. With this expansion, NBP will further strengthen its ATM network across the country and will
Published 10 Sep, 2011 12:00am
Karachi killings 42 accused arrested: Malik

Karachi killings 42 accused arrested: Malik

Federal Minister for Interior Rehman Malik has said that during operations in Karachi, paramilitary forces have arrested around 42 accused involved in targeted killings, extortion and other crimes.
Published 10 Sep, 2011 12:00am
PML-N accuses PPP, MQM and ANP of bloodbath in Karachi

PML-N accuses PPP, MQM and ANP of bloodbath in Karachi

Pakistan Muslim League-Nawaz (PML-N) Deputy Secretary-General Ahsan Iqbal on Friday lashed out at the government saying the rulers have plunged the countries in various challenges due to the unprecedented corruption and violations of the Constitution.
Published 10 Sep, 2011 12:00am
ITP officials return lost bag to actual owner

ITP officials return lost bag to actual owner

Two officials of Islamabad Traffic Police (ITP) further boosted image of the force by returning the lost valuables to actual owner, proving that each personnel of the force is honest and committed to serve the citizens.
Published 10 Sep, 2011 12:00am
PC-1 approved for establishing WBIC

PC-1 approved for establishing WBIC

The government has approved PC-1 for establishing a Women Business Incubation Centre (WBIC) here in the city featuring women entrepreneurs to boost their business and contribute to the national economy. General Manager Operation, Small and Medium Enterpri
Published 10 Sep, 2011 12:00am
CJ LHC reconstitutes administration committee of LHC

CJ LHC reconstitutes administration committee of LHC

The Chief Justice of Lahore High Court (LHC) Ijaz Ahmad Chaudhry on Friday reconstituted administration committee of the LHC on the basis of seniority of the judges. The chief justice has taken this decision after three ad hoc judges of the court took oat
Published 10 Sep, 2011 12:00am
Punjab chief minister for integrated efforts to combat dengue virus

Punjab chief minister for integrated efforts to combat dengue virus

Punjab Chief Minister, Muhammad Shahbaz Sharif has made an appeal to civil society, doctors, teachers, students, politicians, workers and all segments of the society to join the ongoing campaign against dengue virus as collective efforts are needed to cou
Published 10 Sep, 2011 12:00am
Punjab Assembly calls to declare Bhawalnagar calamity-hit area

Punjab Assembly calls to declare Bhawalnagar calamity-hit area

Punjab Assembly in its 30th session here on Friday stressed upon the government to take urgent steps for development of areas worst affected by recent rains, demanding Bhawalnagar to be declared calamity hit area. Assembly members also opined to take ster
Published 10 Sep, 2011 12:00am
Research, development: SU scholars urged to utilise available funds

Research, development: SU scholars urged to utilise available funds

Vice Chancellor University of Sindh, Professor Dr Nazir A. Mughal has said that presently, Rs 21 million are available for research, and scholars and teachers of the university should develop proposals and it is a challenge for them to utilise the availab
Published 10 Sep, 2011 12:00am
PPP stages rally against abduction of Shahbaz Taseer

PPP stages rally against abduction of Shahbaz Taseer

The PPP MPAs staged a rally to protest against kidnapping of Shahbaz Taseer, son of former Punjab Governor Salmaan Taseer, just before the beginning of Punjab Assembly session on Friday. The rally, led by Opposition leader in Punjab Assembly Raja Riaz Ahm
Published 10 Sep, 2011 12:00am
HRCP concerned over excesses against non-Muslims

HRCP concerned over excesses against non-Muslims

The Human Rights Commission of Pakistan (HRCP) has on Friday expressed acute concern at serious excesses against non-Muslims in Pannu Aqil, Sindh. The Commission said HRCP is extremely distressed and shocked at the atrocities reported against non-Muslims
Published 10 Sep, 2011 12:00am
The Weather

The Weather

The weather report on Friday (September 09, 2011) and the forecast for Saturday (September 10, 2011).

Published 10 Sep, 2011 12:00am
LEAs detain eight accused involved in targeted killings

LEAs detain eight accused involved in targeted killings

Law Enforcement Agencies (LEAs) on Friday detained eight suspects including sham Rangers official in separate raids at various parts of the metropolis. According to official sources, three suspects were arrested during a raid at Maripur.
Published 10 Sep, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 09, 2011).

Published 10 Sep, 2011 12:00am
17 percent ST on tractors levied to improve tax-to-GDP ratio: FBR

17 percent ST on tractors levied to improve tax-to-GDP ratio: FBR

The Chairman of Federal Board of Revenue (FBR), Salman Siddique, informed the National Assembly Standing Committee on Finance on Friday that the government, through Sales Tax (Amendment) Ordinance, 2011, has levied 17 percent sales tax on tractors by omit
Published 10 Sep, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 10 Sep, 2011 12:00am
Father of Justice Saqib laid to rest

Father of Justice Saqib laid to rest

Father of Justice Mian Saqib Nisar of Supreme Court, Mian Nisar, was laid to rest in a local graveyard here on Friday. Chief Justice Pakistan Iftikhar Muhammad Chaudhry, Lahore High Court Chief Justice Ijaz Ahmad Chaudhry, judges high and lower judiciary
Published 10 Sep, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 10 Sep, 2011 12:00am
Two killed, four hurt in road mishaps

Two killed, four hurt in road mishaps

Two people died and four others sustained critical wounds in separate road mishaps here on Friday, police said. According to details, one Khaista Gul died and Ibrahim and Abdur Raziq sustained wounds when an over-speeding coach collided with car in the li
Published 10 Sep, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on September 06, 2011.

Published 10 Sep, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on September 06, 2011.

Published 10 Sep, 2011 12:00am
Our Karachi - citadel of peace

Our Karachi - citadel of peace

Holy Quran: 6:123 - And thus We have placed within every city the greatest of its criminals to conspire therein. But they conspire not except against themselves, and they perceive [it] not.
Published 10 Sep, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on September 06, 2011.

Published 10 Sep, 2011 12:00am
Nuclear still No 1 in France - but for how long?

Nuclear still No 1 in France - but for how long?

Given the widespread opposition in Germany to nuclear energy, it's ironic that the village that is home to France's oldest nuclear plant has a German name: Fessenheim.
Published 10 Sep, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (September 09, 2011).

Published 10 Sep, 2011 12:00am
Water cascades into voids of 9/11 Memorial

Water cascades into voids of 9/11 Memorial

The design is poignant in its intent to communicate a void, like the absence left by the nearly 3,000 people who died in the terrorist attacks ten years ago. On Sunday, the National September 11 Memorial will be formally opened at the tenth anniversary ce
Published 10 Sep, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (September 09, 2011) and for Saturday (September 10, 2011).
Published 10 Sep, 2011 12:00am
The irrelevance of macroeconomics

The irrelevance of macroeconomics

I have been talking about the irrelevance of the western models of economics and finally Pakistan has been made to understand that the western economic system has missing links that are critical. All the development policies enunciated by the Western armc
Published 10 Sep, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (September 09, 2011).

Published 10 Sep, 2011 12:00am
Need to strengthen FBR House

Need to strengthen FBR House

Member Inland Revenue of the Federal Board of Revenue (FBR), Khawar Khurshid Butt, while addressing a gathering of tax officials, focused attention on what he termed the "dire" need for experienced and seasoned tax officials to be posted at the FBR House.
Published 10 Sep, 2011 12:00am
Dushanbe summit

Dushanbe summit

The third quadrilateral summit hosted by Tajikistan last week may not have succeeded in breaking any fresh ground in terms of concrete results but it did bring to light a whole new spectrum of mutually-beneficial opportunities that just wait to be explore
Published 10 Sep, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (September 09, 2011).

Published 10 Sep, 2011 12:00am
CNG stations' gas cut: LHC issues notice to government, Ogra

CNG stations' gas cut: LHC issues notice to government, Ogra

Lahore High Court here Friday issued notice to the federal government and Oil and Gas Regulatory Authority (Ogra) in a petition challenging closure of gas supply to CNG stations in Punjab for two and a half days. The petitioner, a bar member Shahid Gilani
Published 10 Sep, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 09, 2011).

Published 10 Sep, 2011 12:00am
Mirza's revelations should be taken seriously: Aitzaz

Mirza's revelations should be taken seriously: Aitzaz

Leader of Pakistan Peoples Party (PPP) Chaudhry Aitzaz Ahsan said on Friday that the revelations of Dr Zulfiqar Mirza should be taken seriously, as he has served as Sindh Home Minister for three years. Talking to media, he said, the judiciary was passing
Published 10 Sep, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 09, 2011).

Published 10 Sep, 2011 12:00am
LCCI for aerial spray to control dengue

LCCI for aerial spray to control dengue

The Lahore Chamber of Commerce and Industry (LCCI) has urged the Chief Minister Punjab to initiate an aerial spray for mass eradication of the dengue mosquito as despite his aggressive campaign to reduce the spread of the dengue fever virus the situation
Published 10 Sep, 2011 12:00am
Two-day gender equality workshop concludes

Two-day gender equality workshop concludes

A two-day training programme on 'Promoting Gender Responsive Practices at Workplace,' organised by the Employers Federation of Pakistan (EFP) in collaboration with International Labour Organisation (ILO) with the support of Sialkot Chamber of Commerce and
Published 10 Sep, 2011 12:00am
LCCI polls: traders announce support for Founders Alliance

LCCI polls: traders announce support for Founders Alliance

Traders of Urdu bazaar and Ganpat road have announced their support for the Founders-PIAF Alliance in the LCCI elections 2011-12. The announcement was made during the visit of alliance leaders including Aftab Ahmad Vohra, Khamis Saeed Butt, Irfan Qaiser S
Published 10 Sep, 2011 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

The dollar maintained upward push against the rupee on the currency market on Friday, dealers said. The rupee shed 10 paisa in terms of the US currency for buying and selling at 87.55 and 87.60, they said.
Published 10 Sep, 2011 12:00am
'Skilled manpower key to industrial development'

'Skilled manpower key to industrial development'

Chairperson Technical Education and Vocational Training Authority (Tevta), Saeed Ahmad Alvi has said that availability of skilled manpower is not only a key to success for industrial development in Pakistan but also for individual socio-economic prosperit
Published 10 Sep, 2011 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

The dollar maintained upward push against the rupee on the currency market on Friday, dealers said. The rupee shed 10 paisa in terms of the US currency for buying and selling at 87.55 and 87.60, they said.
Published 10 Sep, 2011 12:00am
MCCI demands withdrawal of new raise in power tariff

MCCI demands withdrawal of new raise in power tariff

Business and industrial community has strongly criticised another Rs 2.04 increase in electricity tariff and urged the government to withdraw the same in the larger interest of trade and industry that is already facing multiple internal and external chall
Published 10 Sep, 2011 12:00am
Dengue fever claims life of young woman

Dengue fever claims life of young woman

There is no let up in the spread of epidemic of dengue fever here, as it is not only taking lives of victims but has also scared the Lahoriites who are opting for precautionary measures to avoid the disease. On Friday, Beenish, a young married woman of Sa
Published 10 Sep, 2011 12:00am
YDA demands setting up of medical council under PMDC

YDA demands setting up of medical council under PMDC

Young Doctors Association (YDA) Multan Chapter has demanded the Punjab government to establish a provincial medical council under the PMDC to regulate private medical colleges in the province.
Published 10 Sep, 2011 12:00am
PEC new chairman assumes charge

PEC new chairman assumes charge

Engineer Syed Abdul Qadir Shah has assumed the charge of Chairman Pakistan Engineering Council (PEC) on Friday. Shah replaced Engineer Rukhsana Zuberi, whose tenure ended on August 10, 2011, said a press statement by the Council. He joined the office of c
Published 10 Sep, 2011 12:00am
Dengue re-emerges in Sindh with alarming proportion

Dengue re-emerges in Sindh with alarming proportion

With the reporting of 6 new dengue cases in Karachi on Friday, the number of hospitalised dengue patients in the city jumped to 190 in the ongoing year, raising fear among people of the epidemic.
Published 10 Sep, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (September 09, 2011).

Published 10 Sep, 2011 12:00am
Afghan media team visits Punjab University

Afghan media team visits Punjab University

An eight-member high-powered media delegation of Afghanistan visited the Punjab University here on Friday. Vice-Chancellor Professor Dr Mujahid Kamran, along with other senior faculty members, welcomed the delegation at the Centre for Undergraduate Studie
Published 10 Sep, 2011 12:00am
Death sentence: Pakistani family appeals to Chinese authorities

Death sentence: Pakistani family appeals to Chinese authorities

A Pakistani family of a convict in drug related case in China on Friday appealed to the authorities there to commute his death sentence into life imprisonment on humanitarian grounds. Addressing a press conference, the convict's father, Zarghoon Shah and
Published 10 Sep, 2011 12:00am