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Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-10-23
Toronto's main stock index higher

Toronto's main stock index higher

Toronto's main stock index pushed higher on Friday on fragile optimism that European leaders would make progress in resolving the eurozone's debt crisis over the next few days. Nine of the TSX's 10 main sectors were stronger, led by energy and financial i
Published 23 Oct, 2011 12:00am
Groupon may find IPO a tough sale; roadshow to start next week

Groupon may find IPO a tough sale; roadshow to start next week

Groupon Inc faces its toughest sales pitch next week when the daily deals website launches a roadshow to persuade investors to buy shares in its initial public offering. Even after scaling back the issue and cutting the company's valuation in half, the IP
Published 23 Oct, 2011 12:00am
Longer-dated Treasuries dip

Longer-dated Treasuries dip

Longer-dated US Treasury debt prices fell for the fourth day in a row on Friday as investors turned less pessimistic about eurozone debt problems after promises of a comprehensive solution by the middle of next week. Trading was choppy and volume light, a
Published 23 Oct, 2011 12:00am
Longer-dated Treasuries dip

Longer-dated Treasuries dip

Longer-dated US Treasury debt prices fell for the fourth day in a row on Friday as investors turned less pessimistic about eurozone debt problems after promises of a comprehensive solution by the middle of next week. Trading was choppy and volume light, a
Published 23 Oct, 2011 12:00am
Sri Lankan bourse rises

Sri Lankan bourse rises

Sri Lanka's stock market shot up over 1 percent on Friday recovering from lowest in 2011 in thin volume and turnover on strong speculation that the regulators Director general had resigned which the head of SEC denied. The island nation's main share index
Published 23 Oct, 2011 12:00am
JGB futures mostly flat

JGB futures mostly flat

Japanese government bond futures were mostly flat on Friday as investors waited for signals from leaders working out details of a plan to contain the eurozone debt crisis, keeping the 10-year yield unchanged near 1 percent. France and Germany said in a jo
Published 23 Oct, 2011 12:00am
JGB futures mostly flat

JGB futures mostly flat

Japanese government bond futures were mostly flat on Friday as investors waited for signals from leaders working out details of a plan to contain the eurozone debt crisis, keeping the 10-year yield unchanged near 1 percent. France and Germany said in a jo
Published 23 Oct, 2011 12:00am
Latin American stocks gain

Latin American stocks gain

Latin American stocks closed higher on Friday on added expectations that European Union policy makers will agree on measures to tackle the eurozone debt crisis by next Wednesday. The MSCI Latin American stock index increased 2.57 percent, but it still pos
Published 23 Oct, 2011 12:00am
Online games firm Trion Worlds eyes IPO

Online games firm Trion Worlds eyes IPO

Little-known online games company Trion Worlds, after raising $100 million in venture capital since 2007, is looking at becoming the newest debutante at the digital media IPO ball. Not unlike larger and better-known games company Zynga, which filed for an
Published 23 Oct, 2011 12:00am
US stocks rise, S&P posts third week of gains

US stocks rise, S&P posts third week of gains

The S&P 500 posted its third straight week of gains on Friday, lifted by optimism before this weekend's summit of European leaders and strong earnings from blue chip stocks. US stocks rose in a broad rally to their highest levels since early August after
Published 23 Oct, 2011 12:00am
Egypt extends parliamentary candidate registration again

Egypt extends parliamentary candidate registration again

Egypt pushed back the closing date for parties to register in a parliamentary election for the second time on Saturday after some politicians asked for more time to do their applications, the head of the election committee said. Egypt's first multi-candid
Published 23 Oct, 2011 12:00am
Fierce clashes erupt in Sanaa; 12 killed

Fierce clashes erupt in Sanaa; 12 killed

At least 12 people were killed in fierce clashes in Sanaa between President Ali Abdullah Saleh's troops and rival forces in escalating violence on Saturday, a day after the UN Security Council urged the embattled leader to hand over power. Witnesses and A
Published 23 Oct, 2011 12:00am
US embassy warns of imminent threat in Kenya

US embassy warns of imminent threat in Kenya

The US embassy in Kenya warned of a threat to American citizens in the country after Nairobi launched a cross-border operation against Islamist militants in Somalia. The embassy in a note to US citizens living in or visiting Kenya said on Saturday that re
Published 23 Oct, 2011 12:00am
Kenya says Somalia rebels on the run

Kenya says Somalia rebels on the run

Kenya said Somalia's al Shabaab militants were on the run after it deployed more troops in southern Somalia to secure its border from rebels Nairobi accuses of kidnapping foreigners on its soil. But in the capital Mogadishu, the al Qaeda-linked militants
Published 23 Oct, 2011 12:00am
UN statehood bid to go on even with peace talks: Abbas

UN statehood bid to go on even with peace talks: Abbas

Palestinian president Mahmud Abbas said he would push for statehood at the United Nations even if he resumes peace negotiations with Israel, Egyptian state media reported on Saturday. Abbas, who was in Cairo for meetings with Egypt's leadership, said he w
Published 23 Oct, 2011 12:00am
Russia bans US officials in tit-for-tat visa row

Russia bans US officials in tit-for-tat visa row

Russia has banned some US officials from visiting the country in response to US visa restrictions imposed on Russian officials over the death in prison death of hedge fund lawyer Sergei Magnitsky, Russia's Foreign Ministry said on Saturday. "On the basis
Published 23 Oct, 2011 12:00am
Leading war crimes judge Cassese dies of cancer

Leading war crimes judge Cassese dies of cancer

Judge Antonio Cassese, the first president of the UN-backed Lebanon tribunal and the Yugoslavia war crimes court in The Hague, has died at home after a long fight with cancer. Italian-born Cassese, 73, who stepped down as president of the Special Tribunal
Published 23 Oct, 2011 12:00am
Ahmadinejad denies Iran has any political prisoners

Ahmadinejad denies Iran has any political prisoners

Iran has no political prisoners, President Mahmoud Ahmadinejad declared in an interview with CNN, according to excerpts published by his office Saturday. "There is no one in Iran (jailed) as a political prisoner," Ahmadinejad was quoted as telling CNN in
Published 23 Oct, 2011 12:00am
Bridge collapse kills 13 in India

Bridge collapse kills 13 in India

Officials say a wooden bridge spanning a river in the north-eastern Indian district of Darjeeling collapsed as local mountain villagers gathered on it for a meeting, and at least 13 people were killed. Rescuers rushed to the scene and recovered more than
Published 23 Oct, 2011 12:00am
Tunsians gear up for historic vote

Tunsians gear up for historic vote

Tunisian voters on Saturday weighed their choices on the eve of the Arab Spring's historic first elections nine months after the surprise toppling of strongman Zine el Abidine Ben Ali that started it all. Campaigning ended at midnight for the vote the pre
Published 23 Oct, 2011 12:00am
US, North Korea agree on war remains searches

US, North Korea agree on war remains searches

The United States said Friday it reached a deal with North Korea to resume searches for remains of Americans killed in the Korean War, after a six-year break in one of the enemy nations' only means of contact. The accord suggested a slight easing of tensi
Published 23 Oct, 2011 12:00am
Five killed in Iraq attacks

Five killed in Iraq attacks

Five people were killed Saturday in separate attacks in the northern Iraqi city of Mosul, security sources told dpa. Gunmen shot dead two people in eastern Mosul, and a third was killed when clashes erupted between police and gunmen in southern Mosul. An
Published 23 Oct, 2011 12:00am
Turkish military kills 49 Kurdish militants

Turkish military kills 49 Kurdish militants

Turkish troops have killed 49 Kurdish militants in the south-east of the country over the last two days, the military said on Saturday, in an offensive to avenge the deaths of 24 soldiers this week. The militants were killed in Cukurca Kazan valley, in Ha
Published 23 Oct, 2011 12:00am
Three killed in Syria as Tehran ups pressure on Damascus

Three killed in Syria as Tehran ups pressure on Damascus

Syrian security forces killed three civilians and arrested dozens more on Saturday, activists said, while state media was mum about the death of ex-Libyan leader Muammar Qadhafi, the third Arab leader overthrown by popular revolts this year.
Published 23 Oct, 2011 12:00am
Wheat Board can thrive in open market: Viterra CEO

Wheat Board can thrive in open market: Viterra CEO

Canada's biggest grain handler, Viterra Inc, is willing to work with the Canadian Wheat Board in an open market system and thinks the board can thrive without its marketing monopoly, Chief Executive Mayo Schmidt said on Friday. Ottawa intends to pass legi
Published 23 Oct, 2011 12:00am
US gold breaks four-day losing run

US gold breaks four-day losing run

Gold rose 1 percent on Friday, breaking a four-day losing streak, as bullion moved in sync once again with riskier assets on optimism European leaders will be able to contain the region's debt crisis. Gold posted its biggest one-day gain in two weeks as W
Published 23 Oct, 2011 12:00am
Vietnam cuts 2011 rice export forecast

Vietnam cuts 2011 rice export forecast

Vietnam slightly lowered on Thursday its rice export forecast for this year to more than 7 million tonnes from an initial projection of up to 7.5 million tonnes, but said floods did not affect production. The projection reflects slowing sales in recent we
Published 23 Oct, 2011 12:00am
Thailand 2012 rice exports to fall 30 percent

Thailand 2012 rice exports to fall 30 percent

Rice exports from Thailand next year could fall as much as 30 percent from 2011 to 7.0 million-7.5 million tonnes, as export prices have been pushed up by a government intervention scheme and floods, a senior industry official said on Thursday.
Published 23 Oct, 2011 12:00am
Asian rice prices steady despite thin demand; India eyed

Asian rice prices steady despite thin demand; India eyed

Rice prices from the world's top two exporters, Thailand and Vietnam, were steady at relatively high levels amid thin demand as buyers switched to cheaper rice from India, traders said on Wednesday. The price of benchmark 100 percent B grade Thai white ri
Published 23 Oct, 2011 12:00am
Egypt to grow 3 million acres of wheat in 2011-12

Egypt to grow 3 million acres of wheat in 2011-12

Egypt, the world's largest wheat importer, expects to grow 3 million acres of wheat in the 2011/12 season, the chairman of the country's National Seed Council said on Wednesday. The planting area will be "around 3 million acres, plus or minus ... nearly l
Published 23 Oct, 2011 12:00am
Indonesia's coffee premiums revisit record at $550 tonnes

Indonesia's coffee premiums revisit record at $550 tonnes

Premiums for Indonesian robusta coffee revisited a lifetime high of $550 a tonne against London futures on Thursday, a level earlier seen in August, because of supply constraints before the next harvest starts this year, dealers said.
Published 23 Oct, 2011 12:00am
Asian rubber: few cargoes of tyre grades changed hands

Asian rubber: few cargoes of tyre grades changed hands

Few cargoes of tyre grades changed hands for nearby delivery this week, with supply constraints in Indonesia expected to defy pressure from lack of demand from main consumer China and declines in Tokyo futures, dealers said on Friday. Indonesia's SIR20 gr
Published 23 Oct, 2011 12:00am
Commodity prices slide on debt tensions

Commodity prices slide on debt tensions

Commodity prices mostly fell last week on eurozone debt tensions, weaker-than-expected Chinese growth data and the death of Maummar Qadhafi, the former strongman in oil-producer Libya. There were late rallies however on hopes that European leaders would u
Published 23 Oct, 2011 12:00am
Japan's copper shipments down

Japan's copper shipments down

Japanese copper wire and cable shipments fell 1.6 percent from a year earlier to an estimated 59,500 tonnes in September, an industry body said on Thursday. Japanese appetite for copper, often seen as a gauge of economic activity and already weak in the w
Published 23 Oct, 2011 12:00am
South America rice export to fall 20 percent

South America rice export to fall 20 percent

Paddy rice exports from four South American producers in the 2012/2013 trading season would fall around a fifth from this year to a combined 2.4 million tonnes, after shipments tripled in the current season, a senior agricultural researcher said on Friday
Published 23 Oct, 2011 12:00am
In SHORT: 'Russian wheat competitive'

In SHORT: 'Russian wheat competitive'

Egypt's main state wheat buyer said on Thursday he was not facing any financing issues despite political turmoil and said Russian wheat was still competitive although some shipments had been delayed.
Published 23 Oct, 2011 12:00am
In SHORT: World market price for upland cotton

In SHORT: World market price for upland cotton

The US Agriculture Department set the prevailing world market price for upland cotton at 90.01 cents per lb, effective through October 27. The price is adjusted to US quality and location for Strict Low Middling, 1-1/16 inch upland cotton. The next announ
Published 23 Oct, 2011 12:00am
In SHORT: China cotton consumption seen down

In SHORT: China cotton consumption seen down

Cotton consumption in China, the world's top consumer of the fiber, is seen falling over 5 percent in 2011/12 to 9.4 million tonnes, industry publication Cotlook said on Thursday. Cotlook said the use of cotton by China "has undergone a further downward a
Published 23 Oct, 2011 12:00am
In SHORT: Mexico sets new sugar quota

In SHORT: Mexico sets new sugar quota

Mexico on Thursday opened a new quota to import 150,000 tonnes of sugar to complement the offer in the local market and avoid price pressures for the sweetener. The Ministry of Economy published in Mexico's Official Journal details of how 135,000 tonnes o
Published 23 Oct, 2011 12:00am
Dengue fever

Dengue fever

The dengue virus is passed to humans exclusively by the bite of female mosquito known as Aedes Aegypti in search of a blood meal. This made of transmission makes the dengue virus an arbovirus (that is, one that is transmitted by an arthropod). Studies hav
Published 23 Oct, 2011 12:00am
Tobacco marketing system in Pakistan

Tobacco marketing system in Pakistan

The Tobacco crop is of great economic significance for Pakistan although it occupies a relatively small area of 0.27% of total irrigated land in the country and about 3 percent in Khyber Pakhtunkhwa. With suitable crop husbandry, it is capable of yielding
Published 23 Oct, 2011 12:00am
IMF policies: A step forward

IMF policies: A step forward

The unexpected reduction of discount rate of 150 basis points by the State Bank of Pakistan (SBP) has surprised many. Some view this reduction as inflationary and argue that the current rate of inflation prevailing within the country did not justify this
Published 23 Oct, 2011 12:00am
Nobel Peace Prize - a year of women

Nobel Peace Prize - a year of women

This year's Noble Peace Prize has gone to three women: two from Africa and one from the Arab world. They are President of Liberia, Ellen Johnson Sirleaf, who also has the distinction of being the first elected woman president of an African country; her fe
Published 23 Oct, 2011 12:00am
Lights out for miners in Mastung

Lights out for miners in Mastung

On Thursday, October 13, we were reminded yet again the hazards attached to the coal mining industry in Pakistan. At least five people were killed and several injured due to a gas explosion in a coal mine in Mastung district of Balochistan. Coal mining is
Published 23 Oct, 2011 12:00am
Eid-ul-Azha arrangements: District Core Committee's meeting held

Eid-ul-Azha arrangements: District Core Committee's meeting held

A meeting of District Core Committee was held under the chairmanship of DCO Naseem Sadiq here on Saturday at his committee room to review the Eidul Azha arrangements. The meeting was attended by DOC Chaudhry Munir Ahmad and core committee members Maulana
Published 23 Oct, 2011 12:00am
UAF scientists develop nutrition supplement for rearing of silkworm

UAF scientists develop nutrition supplement for rearing of silkworm

Scientists from the University of Agriculture, Faisalabad, have developed nutrition supplement for the rearing of silkworm that will double the fiber strength of silk abstracting from silkworm. This was revealed at a national workshop titled "Sericulture
Published 23 Oct, 2011 12:00am
Flight of growers, ginners: PCGA chief sends SOS to Prime Minister

Flight of growers, ginners: PCGA chief sends SOS to Prime Minister

The Chairman of Pakistan Cotton Ginners Association (PCGA), Amanullah Qureshi has sent an SOS appeal to Prime Minister Yousaf Raza Gilani to save the cotton growers and the ginners from financial losses as the textile millers have created a cartel to keep
Published 23 Oct, 2011 12:00am
Students' role in dengue awareness drive hailed

Students' role in dengue awareness drive hailed

Chairman Dengue Control Committee Nishter Town MNA Naseer Bhutta on Saturday said students can inform people about precautionary measures against dengue virus as better results are seen after the participation of students in dengue awareness campaign.
Published 23 Oct, 2011 12:00am
Jamaat-i-Islami condemns police firing on student rally

Jamaat-i-Islami condemns police firing on student rally

The Jamaat-i-Islami chief, Syed Munawar Hasan, has strongly reacted to the police torture and firing on the peaceful demonstrations of the students besides the non-payment of salaries to the Lady Health workers in the Punjab. He has called upon the Punjab
Published 23 Oct, 2011 12:00am
Students protest against errors in results

Students protest against errors in results

A large number of students on Saturday staged protest demonstration outside the Board of Intermediate and Secondary Education (BISE) in various cities of the province, against errors in their result. Punjab Chief Minister Shahbaz Sharif on Saturday took n
Published 23 Oct, 2011 12:00am
BISE offices ransacked, students held

BISE offices ransacked, students held

Hundreds of students on Saturday staged a protest against alleged anomalies by the Board of Intermediate and Secondary Education (BISE) administration in intermediate results. The angry students ransacked the BISE office and set it on fire, burning the wh
Published 23 Oct, 2011 12:00am
UAF Rabi Kissan Mela concludes

UAF Rabi Kissan Mela concludes

A four-day Rabi Kissan Mela organised by the University of Agriculture, Faisalabad as part of its golden jubilee celebrations concluded on Saturday. Addressing the audience, Vice Chancellor UAF Professor Dr Iqrar Ahmad Khan lauded the efforts made on the
Published 23 Oct, 2011 12:00am
PDMA dispatches 100 truckloads for flood victims

PDMA dispatches 100 truckloads for flood victims

Provincial Disaster Management Authority (PDMA) on Saturday dispatched 100 truckloads of daily-use items for flood affected of Sindh. Addressing a meeting here on Saturday, PDMA Director General Khalid Sherdil said that PDMA had so far sent 761 truckloads
Published 23 Oct, 2011 12:00am
Lahore DCO appointment challenged in LHC

Lahore DCO appointment challenged in LHC

Appointment of Lahore District Co-ordination Officer (DCO) Ahad Cheema has been challenged before the Lahore High Court (LHC). A bar member Muhammad Azhar Siddique contended in his petition that Cheema is an officer of grade-18 but on political ground his
Published 23 Oct, 2011 12:00am
Government to prepare report on torture, inhuman treatment

Government to prepare report on torture, inhuman treatment

Former UN Special Rapporteur on Torture Professor Manfred Nowak said that government will prepare a report under ministry of human rights on torture and other cruel inhuman or degrading treatment and should involve all stake- holders including parliamenta
Published 23 Oct, 2011 12:00am
PML-N leaders hit out at PPP-led coalition government's Performance

PML-N leaders hit out at PPP-led coalition government's Performance

PML-N leader Hamza Shahbaz Sharif has said that corruption and plundering have shaken the foundations of Zardari-led government and the people will give a last punch to this government on October 28. Addressing party workers and supporters in 'Go, Zardari
Published 23 Oct, 2011 12:00am
Calligraphy art on display at Revivers Galleria

Calligraphy art on display at Revivers Galleria

More than half of 50 calligraphic paintings of seven known artists of the country, which are on display here, have so far been sold. Owner and curator of the Revivers Galleria Ms Sara Anjum gave this information to the art lovers and collectors who visite
Published 23 Oct, 2011 12:00am
Minister warns against any unconstitutional move against president

Minister warns against any unconstitutional move against president

Federal Minister for Kashmir Affairs, Gilgit and Baltistan, Mian Manzoor Wattoo said unconstitutional removal of President Zardari would cost Nawaz Sharif an arm and a leg, as he would have to go on exile for another 20 years. He was talking to media at P
Published 23 Oct, 2011 12:00am
'PML-N's October 28 rally aimed at saving Pakistan'

'PML-N's October 28 rally aimed at saving Pakistan'

Pakistan Muslim League-Nawaz (PML-N) senior leader Pervaiz Malik on Saturday that the PML-N is waging a just struggle for the country's survival and October 28 rally of PML-N in Lahore is aimed at saving Pakistan.
Published 23 Oct, 2011 12:00am
Government urged to pay attention to rain-affected areas

Government urged to pay attention to rain-affected areas

President Hyderabad Chamber of Commerce and Industry (HCCI), Goharullah and members of the governing body of the chamber demanded immediate attention for the repair of damaged infrastructure caused by recent heavy rains. In a joint statement, issued here
Published 23 Oct, 2011 12:00am
Government departments: KCCI concerned over five-day workweek

Government departments: KCCI concerned over five-day workweek

Karachi Chamber of Commerce & Industry (KCCI), President, Mian Abrar Ahmad, in a press statement, has expressed deep concern and discontentment over the five-day working week/two-week holidays for all government departments and its affiliated institutions
Published 23 Oct, 2011 12:00am
Vegetable prices increasing ahead of Eid-ul-Azha

Vegetable prices increasing ahead of Eid-ul-Azha

Vegetables' prices are started hiking up ahead of Eid-ul-Azha and the retailers expressed fear that they may become dearer in next couple of days. The skyrocketing rates of vegetables consumed daily by a large segment of the population is attributed by th
Published 23 Oct, 2011 12:00am
Dengue fever claims six more lives

Dengue fever claims six more lives

Dengue claimed five lives in Lahore while a patient passed away in Chichawatni on Saturday. Aslam, a 50-year-old resident of Iqbal Town and 50-year-old Mubashir of Samanabad died in Ganga Ram Hospital while 30-year-old Shakil of Jaranwala passed away at M
Published 23 Oct, 2011 12:00am
Three killed in separate incidents

Three killed in separate incidents

At least two persons including a eunuch were killed in separate incidents at various parts of the metropolis here on Saturday. According to police, a eunuch was shot dead when he offered resistance over a robbery bid near Abdullah College in the limits of
Published 23 Oct, 2011 12:00am
Government making all-out efforts for socio-economic uplift: Khursheed

Government making all-out efforts for socio-economic uplift: Khursheed

Federal Minister for Religious Affairs, Syed Khursheed Ahmed Shah, has said the government was making all-out efforts for socio-economic uplift and for this purpose, all available resources were being utilised. He said this during a meeting with a delegat
Published 23 Oct, 2011 12:00am
Balochistan Assembly: lack of quorum leads to adjournment

Balochistan Assembly: lack of quorum leads to adjournment

The Balochistan Assembly was adjourned by the chair due to lack of quorum on Saturday. The assembly session started with Deputy Speaker Syed Matiullah Agha in chair. MPA Ghulam Jan Baloch drew the attention of the chair to lack of quorum and resultantly,
Published 23 Oct, 2011 12:00am
Five suspects nabbed

Five suspects nabbed

Police nabbed 5 outlaws in different crimes from the capital city on Saturday. The Police spokesman said that the nabbed persons were accused of holding 30 pistols, hashish and check that was dishonoured. The case has been registered against these persons
Published 23 Oct, 2011 12:00am
Businessmen welcome Sindh IG's appointment

Businessmen welcome Sindh IG's appointment

S.M. Muneer, Patron-in-Chief, Ehteshamuddin, Chairman Hasham A. Razzak, Tariq Malik, Vice Chairmen Nadeem Khan Chairman Law & Order Standing Committee Kati, in a joint press statement, welcomed the decision of Sindh Government on appointing Mushtaq Shah a
Published 23 Oct, 2011 12:00am
New IGP Sindh assumes charge

New IGP Sindh assumes charge

Mushtaq Shah has taken over charge as the new Inspector General Police (IGP) Sindh on Saturday, a spokesman of the Central Police Office (CPO) said. Earlier, he was posted as the Additional IGP Traffic Police. He had also served as DIG Operations, Karachi
Published 23 Oct, 2011 12:00am
MQM to join AJK cabinet soon

MQM to join AJK cabinet soon

Muttahida Qaumi Movement (MQM) will soon have its representation in the cabinet of Azad Jammu and Kashmir Government, said a statement issued by Sindh Governor House here on Saturday. According to details the President of Azad Kashmir and its Prime Minist
Published 23 Oct, 2011 12:00am
Cancellation of illegal advertisements, hoardings ordered

Cancellation of illegal advertisements, hoardings ordered

District Co-ordination Officer Karachi Roshan Ali Shaikh has issued directive for cancellation of all those hoardings (Advertisements) which had been installed in the city during last month under illegal permission. Executive Director Local Taxes Rehan Kh
Published 23 Oct, 2011 12:00am
Clinton's visit: Fazl asks government to take parliament into confidence

Clinton's visit: Fazl asks government to take parliament into confidence

Jamiat Ulema-e-Islam-Fazl (JUI-F) Chief Maulana Fazal-ur-Rehman on Saturday called upon the government to take parliament into confidence about US Secretary of State Hillary Clinton's visit. He expressed willingness to help prepare ground for negotiations
Published 23 Oct, 2011 12:00am
Musharraf grieved over demise of Saudi Crown Prince

Musharraf grieved over demise of Saudi Crown Prince

Chief of All Pakistan Muslim League and former President of Pakistan Pervez Musharraf and the central leadership of APML have expressed their grief and heartfelt condolence at the sad demise of Saudi Crown Prince and Defence Minister Sultan Bin Abdul Aziz
Published 23 Oct, 2011 12:00am
Kayani condoles demise of Saudi Crown Prince

Kayani condoles demise of Saudi Crown Prince

Chief of Army Staff (CoAS), General Ashfaq Parvez Kayani has expressed his deep condolences over the sad demise of Saudi Crown Prince, Sultan Bin Abdul Aziz. According to ISPR here on Saturday, the CoAS in his condolence said that the Crown Prince Sultan
Published 23 Oct, 2011 12:00am
Clinton's visit: government likely to take parliament into confidence

Clinton's visit: government likely to take parliament into confidence

The government is likely to take Parliament into confidence on recent visit of US Secretary of State Hillary Clinton before briefing the federal cabinet on Tuesday. Reliable sources told Business Recorder that cabinet meeting is expected to be held
Published 23 Oct, 2011 12:00am
PSMA congratulates Yaseen Anwar

PSMA congratulates Yaseen Anwar

Chairman Pakistan Sugar Mills Association (PSMA), Javed Kayani has hailed federal government for appointing Yaseen Anwar as Governor State Bank of Pakistan (SBP). Any valued decision the incumbent government has taken so far is the appointment of Yaseen A
Published 23 Oct, 2011 12:00am
Two hostages recovered

Two hostages recovered

Aziz Bhatti police on Saturday recovered two hostages from a torture cell located in Dalmia area. According to SHO Ahsanullah, the police on a information that unidentified armed men took two persons namely Ayaz son of Azhar and Sultan son of Ali away at
Published 23 Oct, 2011 12:00am
Three-day anti-polio drive: campaigners seek help of Ulema

Three-day anti-polio drive: campaigners seek help of Ulema

The Expanded Programme on Immunisation (EPI) and other related organisations are launching another three-day anti-polio campaign in Sindh from Sunday (tomorrow). The teams of polio campaigners working in various parts of Karachi are seeking help of local
Published 23 Oct, 2011 12:00am
Essential kitchen items' prices show mixed trend

Essential kitchen items' prices show mixed trend

The prices of essential kitchen items showed mixed trend during the current week compared to last week, according to a survey carried out by Business Recorder on Saturday. Traders in Rawalpindi and Islamabad wholesale and retail markets said that d
Published 23 Oct, 2011 12:00am
All resources being utilised against dengue virus: Shahbaz

All resources being utilised against dengue virus: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif said that all resources are being utilised for eradication of dengue virus. Medicines and equipment are imported by air for ensuring provision of best medical facilities to the patients without any loss of tim
Published 23 Oct, 2011 12:00am
Pakistani team for Unesco meeting: Prime Minister approves visit

Pakistani team for Unesco meeting: Prime Minister approves visit

Prime Minister Yousuf Raza Gilani approved the visit of a Pakistani delegation to participate in the 36th Session of General Conference to be held at Unesco Headquarters, Paris from October 25 to November 10, 2011. The delegation will be led by Federal Mi
Published 23 Oct, 2011 12:00am
Supreme Court judgement: Gilani for speedy implementation

Supreme Court judgement: Gilani for speedy implementation

Prime Minister Yousuf Raza Gilani on Saturday directed that the pace of implementation of the Supreme Court judgement of October 6 be expedited in letter and spirit. The Prime Minister at a meeting here reviewed the pace of implementation of the Supreme C
Published 23 Oct, 2011 12:00am
Government borrows Rs 60 billion more than first quarter target

Government borrows Rs 60 billion more than first quarter target

The government exceeded by Rs 60 billion the target of borrowing from the banking system during the first quarter of the current fiscal year, said Sartaj Azizz, a former finance minister. Talking to 'Paisa Bolta Hai', the Senior Vice President of PML-N sa
Published 23 Oct, 2011 12:00am
Jordanian Senate President meets Zardari

Jordanian Senate President meets Zardari

President of the Senate of Jordan, Taher Al Masri called on President Asif Ali Zardari, here on Saturday and discussed matters of mutual interest. The two sides had a frank discussion on the matters of bilateral interest with particular focus on the need
Published 23 Oct, 2011 12:00am
25 held, arms seized in Bannu

25 held, arms seized in Bannu

Launching a campaign against anti- social elements, police claimed on Saturday to have arrested 25 proclaimed offenders (POs) and seized weapons from their possession. According to police, under the directives of DPO Sajjad Khan, search operations were la
Published 23 Oct, 2011 12:00am
Nuzhat Pathan joins PML-LM

Nuzhat Pathan joins PML-LM

Member of Sindh Provincial Assembly and Provincial Secretary Information PML-Q Nuzhat Pathan called on President Pakistan Muslim League (Like-minded) Senator Salim Saifullah Khan and joined Pakistan Muslim League (LM) here on Saturday. She expressed full
Published 23 Oct, 2011 12:00am
Engineers to get service structure: ministers

Engineers to get service structure: ministers

Like that of doctors, engineers will be given service structure soon for boosting this profession to ensure availability of competent and experienced engineers in the public sector for development in the country especially in mass development projects. "I
Published 23 Oct, 2011 12:00am
Pakistan still facing food insecurity because of high inflation

Pakistan still facing food insecurity because of high inflation

Even being surplus in food grains production, about half of the population of Pakistan is still facing food insecurity in the aftermath of high inflation. International aid agency, Oxfam pointed out on Saturday at a function held at Islamabad Press Club t
Published 23 Oct, 2011 12:00am
Khyber Pakhtunkhwa government to convene APC on energy issues

Khyber Pakhtunkhwa government to convene APC on energy issues

Chief Minister, Khyber Pakhtunkhwa, Ameer Haider Khan Hoti has said that previous regimes and policymakers gave least attention to produce electricity as per the demand of the country because of which it is facing immense energy crisis. He announced that
Published 23 Oct, 2011 12:00am
YDA demands salaries equal to Punjab doctors'

YDA demands salaries equal to Punjab doctors'

Young Doctors Association (YDA) warned Sindh Government and Dow University Management to pay salaries equal to YDA of Punjab otherwise YDA will start protests against the government and University management.
Published 23 Oct, 2011 12:00am
Three-day anti-polio campaign starts in Punjab

Three-day anti-polio campaign starts in Punjab

Punjab Chief Minister Muhammad Shahbaz Sharif has appealed to the parents to get administered drops of polio vaccine to their children less than the age of five years during three-day anti-polio campaign. He said that the drops of polio vaccine will be ad
Published 23 Oct, 2011 12:00am
Qadhafi's death a loss for Kashmir: Yasin Malik

Qadhafi's death a loss for Kashmir: Yasin Malik

A prominent pro-independence leader in occupied Kashmir on Saturday condemned the killing of Moamer Qadhafi, saying the fallen Libyan dictator had been a "friend" and supporter of Kashmiris. "In his death, the people of Kashmir have lost their friend," Ya
Published 23 Oct, 2011 12:00am
Iran-Pak security committee meeting opens

Iran-Pak security committee meeting opens

The 7th extraordinary security committee meeting of Iran and Pakistan commenced on Saturday in Tehran. Headed by the two countries' senior Interior Ministry officials for security and police affairs, it is due to cover issues such as expansion of security
Published 23 Oct, 2011 12:00am
Aftab Sultan named new DG of IB

Aftab Sultan named new DG of IB

Prime Minister Yousuf Raza Gilani on Saturday approved the appointment of Aftab Sultan as the new Director-General of the Intelligence Bureau (IB). The post was lying vacant after the retirement of Javed Noor. In another reshuffle, the Establishment Divis
Published 23 Oct, 2011 12:00am
'Shahbaz may be asked to take vote of confidence'

'Shahbaz may be asked to take vote of confidence'

Governor Punjab Sardar Latif Khosa has said that Chief Minister Punjab, Shahbaz Sharif may be asked to take vote of confidence from the provincial assembly, Aaj News reported. Talking to the media persons on Saturday, the governor said that a petit
Published 23 Oct, 2011 12:00am
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