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Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-10-25
Indonesia, Jakarta outperform the region

Indonesia, Jakarta outperform the region

Southeast Asian stock markets gained on Monday in thin trade as foreign buyers' appetite for risky assets rose after Sunday's eurozone crisis summit and signs of Chinese recovery amid positive earning hopes. Indonesia, Asia's best performer so far for the
Published 25 Oct, 2011 12:00am
Middle East markets: Dubai's Emirates NBD slumps; Kuwait's small-caps up

Middle East markets: Dubai's Emirates NBD slumps; Kuwait's small-caps up

Emirates NBD, Dubai's largest bank by market value, slumped on Monday after posting a 59 percent drop in quarterly net profit, while Kuwait's small-caps lifted the bourse to a new month high. Shares in ENBD fell 4.6 percent after its net profit widely mis
Published 25 Oct, 2011 12:00am
Hong Kong shares surge, China snaps losing streak

Hong Kong shares surge, China snaps losing streak

Hong Kong shares surged to their best day in two weeks on Monday, on strength in Chinese cyclical names after manufacturing data on China alleviated fears of a hard landing in the world's second-largest economy. The gains came in thin turnover, suggesting
Published 25 Oct, 2011 12:00am
Seoul shares soar

Seoul shares soar

Seoul shares advanced on Monday lifted by firm gains in automakers and shipyards, supported further by optimism about a resolution to the eurozone debt crisis and Chinese data that allayed fears of a hard landing. The Korea Composite Stock Price Index end
Published 25 Oct, 2011 12:00am
Indian shares gain

Indian shares gain

Indian shares gained 0.92 percent on Monday after two straight sessions of losses, as hopes for a solution to the eurozone debt crisis encouraged investors, and helped them shrug off the possibility of an interest rate increase by the central bank. The Re
Published 25 Oct, 2011 12:00am
FTSE hits 2-1/2-month high

FTSE hits 2-1/2-month high

Britain's top share index hit a 2-1/2-month closing high on Monday, as strong manufacturing data in China lifted miners and on hopes that plans to end the eurozone debt crisis will be announced at a summit this week. Miners rose 5.6 percent, contributing
Published 25 Oct, 2011 12:00am
Euribor rates edge up

Euribor rates edge up

Key euro-priced bank-to-bank lending rates edged higher on Monday after European leaders at the weekend neared agreement on bank recapitalisation, while sharp differences remained over plans to write down Greek government debt. Three-month Euribor rates,
Published 25 Oct, 2011 12:00am
Money funds' investments declining: Moody's

Money funds' investments declining: Moody's

Money market fund managers have been dealing with a decline in short-dated, high quality investments since 2007, and that decline is likely to continue through into next year, Moody's Investors Service said on Monday. On the supply side, there has been a
Published 25 Oct, 2011 12:00am
Money funds' investments declining: Moody's

Money funds' investments declining: Moody's

Money market fund managers have been dealing with a decline in short-dated, high quality investments since 2007, and that decline is likely to continue through into next year, Moody's Investors Service said on Monday. On the supply side, there has been a
Published 25 Oct, 2011 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 75.95-76.10 (previous 75.95-75.97). Call Money Rates: 6.50-9.00 percent (previous 8.00-13.00 percent).
Published 25 Oct, 2011 12:00am
Yuan ends up after stronger mid-point

Yuan ends up after stronger mid-point

The yuan ended up versus the dollar on Monday after the People's Bank of China set a higher mid-point in the wake of a weak US Dollar Index. The yuan had risen before the US Senate granted approval to a bill aimed at pressing China to let the yuan appreci
Published 25 Oct, 2011 12:00am
Euro resilient in Asia

Euro resilient in Asia

The euro held its ground against the dollar on Monday, with light selling pressure from macro players capping any gains, as markets clung to hopes EU policymakers were moving towards stemming the region's debt crisis. The euro was steady at $1.3891 after
Published 25 Oct, 2011 12:00am
Early trade in New York: euro climbs for fourth day

Early trade in New York: euro climbs for fourth day

The euro rose for a fourth day but was off a six-week high against the dollar on Monday as investors debated the outlook for a conclusive agreement to resolve the eurozone's debt crisis with a second regional summit scheduled for Wednesday.
Published 25 Oct, 2011 12:00am
Euro falls versus dollar in London trade

Euro falls versus dollar in London trade

The euro fell versus the dollar on Monday, coming off a six-week high as uncertainty over whether eurozone leaders would agree a comprehensive plan to tackle the debt crisis this week prompted investors to take profit on its earlier rally.
Published 25 Oct, 2011 12:00am
Swiss franc down versus euro

Swiss franc down versus euro

The Swiss franc eased against the euro on Monday, with the single currency supported by market players hoping European politicians were inching closer to a plan to stem the region's debt crisis. Investors overall seemed in the mood to take more risk. Crud
Published 25 Oct, 2011 12:00am
Australian and New Zealand dollars climb

Australian and New Zealand dollars climb

The Australian and New Zealand dollars swung higher on Monday as upbeat data from top trade partner China countered concerns about a hard landing there, though investors remained wary in case of disappointment from European debt talks. Australian data als
Published 25 Oct, 2011 12:00am
Indian rupee recovers

Indian rupee recovers

The Indian rupee recovered on Monday from the 30-month low hit in the previous session, as a rally in domestic equities fuelled hopes for foreign fund inflows, although the euro's weakness against the dollar toppled the local unit off the day's high. The
Published 25 Oct, 2011 12:00am
Sterling flat versus dollar

Sterling flat versus dollar

Sterling retreated from a six-week high versus the dollar on Monday as uncertainty over whether eurozone policymakers would be able to agree on a plan to tackle the region's debt crisis weighed on perceived riskier currencies. The downturn in risk appetit
Published 25 Oct, 2011 12:00am
Short-covering lifts Asian currencies

Short-covering lifts Asian currencies

Most emerging Asian currencies rose on short-covering on Monday as signs of progress in efforts to tackle Europe's debt crisis and data about China from a private survey boosted risk assets. Before Sunday's European Union summit, some investors cut their
Published 25 Oct, 2011 12:00am
Sharapova looks for golden final flourish

Sharapova looks for golden final flourish

Maria Sharapova will crown one of tennis's most unlikely comebacks if she regains the title at the $5,000,000 WTA Championships which start on Tuesday. Sharapova has gradually worked her way back to world number two after an operation in 2008 on a rotator
Published 25 Oct, 2011 12:00am
Mancini brackets Balotelli with Messi, Ronaldo

Mancini brackets Balotelli with Messi, Ronaldo

Manchester City boss Roberto Mancini tipped Mario Balotelli to join Lionel Messi and Cristiano Ronaldo as one of the world's top three players after his two-goal starring role in the 6-1 demolition of Manchester United. Balotelli had made headline news on
Published 25 Oct, 2011 12:00am
German FA headquarters raided

German FA headquarters raided

The headquarters of the German Football Federation (DFB) in Frankfurt were raided on Monday by tax officials investigating a suspicion of tax evasion by referees. The DFB confirmed tax officials had come to "inspect documents concerning refereeing" and th
Published 25 Oct, 2011 12:00am
England top ICC's inaugural Twenty20 rankings

England top ICC's inaugural Twenty20 rankings

Reigning world Twenty20 champions England top the inaugural rankings announced for the popular format of the game here on Monday. England, who won the third edition of the World Twenty20 under Paul Collingwood in the West Indies last year, have a rating o
Published 25 Oct, 2011 12:00am
Misbah looks for improved fielding in Dubai Test

Misbah looks for improved fielding in Dubai Test

Misbah-ul Haq will look for an improved performance from his fielders to menace Sri Lanka in the second Test which starts at Dubai sports city stadium from Wednesday. Pakistan snatched a draw from the jaws of a win by dropping as many as seven catches to
Published 25 Oct, 2011 12:00am
Amar Cable T20: SPM Stags beat Lahore Tiger

Amar Cable T20: SPM Stags beat Lahore Tiger

SPM Stags beat Lahore Tiger by 51 runs in the quarter final of the 2nd Amar Cable T20 Veteran Cricket League played at Ali Garh Cricket Ground on Monday. Stags batting first scored 197 for 7 in 20 overs. Imtiaz Tarar (54) not out, Fayyaz (45), Kamran Khan
Published 25 Oct, 2011 12:00am
Bayern's Boateng banned for two games

Bayern's Boateng banned for two games

Bayern Munich's Germany defender Jerome Boateng was on Monday banned for the next two German league games after he was sent off in the Bundesliga leaders' shock defeat at Hanover on Sunday. The 23-year-old was shown a straight red card for a shove on Hano
Published 25 Oct, 2011 12:00am
Asian 'golf war' case heads to court

Asian 'golf war' case heads to court

Four players who fell foul of Asia's "golf war" when they were suspended and fined for taking part in a rival circuit launched a court case against the Asian Tour on Monday. The four, who broke Asian Tour ranks to play events organised by OneAsia, allege
Published 25 Oct, 2011 12:00am
Little Levante put Real Madrid, Barca into shade

Little Levante put Real Madrid, Barca into shade

Unheralded Levante took outright possession of La Liga leadership for the first time in their 102-year history on Sunday with a 3-0 win at Villarreal. Levante, who just avoided relegation last season, are in the unlikely position of looking down on Real M
Published 25 Oct, 2011 12:00am
Debutant Sunny puts West Indies in spin

Debutant Sunny puts West Indies in spin

Elias Sunny bagged four wickets on his debut to boost Bangladesh's hopes of taking a first innings lead in the opening Test against the West Indies on Monday. The left-arm spinner took 4-56 as the West Indies reached 144-5 in their first innings at stumps
Published 25 Oct, 2011 12:00am
Abbottabad Commission to conduct hearing tomorrow

Abbottabad Commission to conduct hearing tomorrow

The Abbottabad Commission will hear a senior lawyer Ahmad Bilal Soofi on Wednesday (tomorrow) who would assist the members on the interpretation of international laws applicable to the case of assassination of former al Qaeda Chief, Osama Bin Laden.
Published 25 Oct, 2011 12:00am
US, Nato slammed for Libya attack

US, Nato slammed for Libya attack

About 100 member of civil society on Monday staged a demonstration to condemn the assassination of Libyan President, Muammar Gaddafi and attack of Nato forces on Libya, describing it an aggression against smaller states. They burnt the flag of United Stat
Published 25 Oct, 2011 12:00am
Illegal make-shift cattle markets set up in city

Illegal make-shift cattle markets set up in city

Gross violation of the directives of City Administrator is being witnessed in metropolitan as the illegal make-shift cattle markets of sacrificial animals have been set up in various areas of the city. Essa Nagri, Shah Faisal Town, Chakiwara, North Nazima
Published 25 Oct, 2011 12:00am
Ghinwa, Fatima refuse to attend burial

Ghinwa, Fatima refuse to attend burial

Chief of Peoples Party (Shaheed Bhutto) Ghinwa Bhutto and her daughter Fatima Bhutto had rejected President Zardari's invitation to attend Nusrat Bhutto's burial. As per President Zardari's instructions, DIG Larkana Saen Rakhio Mirani had met Ghinwa and F
Published 25 Oct, 2011 12:00am
Naek, Jamali condole demise of Nusrat Bhutto

Naek, Jamali condole demise of Nusrat Bhutto

Acting President Farooq H Naek and Acting Chairman Senate Mir Jan Muhammad Khan Jamali have expressed grief and sorrow over the demise of Begum Nusrat Bhutto, mother of ex Prime Minister Benazir Bhutto and mother-in-law of the President Asif Ali Zardari,
Published 25 Oct, 2011 12:00am
FOCUS ON CUSTOMERS, NOT TECHNOLOGY, SAYS WI-TRIBE CEO

FOCUS ON CUSTOMERS, NOT TECHNOLOGY, SAYS WI-TRIBE CEO

Since it rolled out its infrastructure in the country in mid-2010, wi-tribe has quickly become a formidable force in the market of internet service providers (ISP) that had earlier been dominated by much bigger players such as the local telecom giant whic
Published 25 Oct, 2011 12:00am
FOCUS ON CUSTOMERS, NOT TECHNOLOGY, SAYS WI-TRIBE CEO

FOCUS ON CUSTOMERS, NOT TECHNOLOGY, SAYS WI-TRIBE CEO

Since it rolled out its infrastructure in the country in mid-2010, wi-tribe has quickly become a formidable force in the market of internet service providers (ISP) that had earlier been dominated by much bigger players such as the local telecom giant whic
Published 25 Oct, 2011 12:00am
Seven killed in violence across Yemen

Seven killed in violence across Yemen

Seven people were killed in violence across Yemen on Monday as President Ali Abdullah Saleh said he welcomed the UN resolution urging him to quit but failed to say if he will comply and resign. Regime loyalists opened fire randomly on civilians in Yemen's
Published 25 Oct, 2011 12:00am
Israel and Egypt agree to prisoner swap

Israel and Egypt agree to prisoner swap

Israel and Egypt have reached a deal to swap 25 Egyptian prisoners in Israeli custody for US-Israeli dual national Ilan Grapel, held by Egypt since June, a statement from Prime Minister Benjamin Netanyahu's office said on Monday. The US-brokered deal was
Published 25 Oct, 2011 12:00am
Prince's death sets challenge to ageing Saudi royals

Prince's death sets challenge to ageing Saudi royals

The death of Saudi Arabia's Crown Prince Sultan sets the stage for an eventual generational shift in the ageing leadership of the world's top oil exporter, even if King Abdullah picks 77-year-old Prince Nayef to succeed him. At stake is the direction of a
Published 25 Oct, 2011 12:00am
Iraq attacks kill five

Iraq attacks kill five

Attacks mainly targeting Iraqi traffic police across Baghdad on Monday killed at least four people, while a woman was shot dead in Mosul in Iraq's north, security and medical officials said. In the deadliest attack, gunmen opened fire on a traffic police
Published 25 Oct, 2011 12:00am
Nine convicted in Nigeria over illegal oil trade

Nine convicted in Nigeria over illegal oil trade

Nigeria's anti-graft agency says nine men have been sentenced to 90 years in jail each over illegal oil trade in the oil-rich West African nation. Economic and Financial Crimes Commission spokesman Femi Babafemi said in a statement Monday that a federal c
Published 25 Oct, 2011 12:00am
Fidel Castro blasts Nato's 'genocidal' role in Libya

Fidel Castro blasts Nato's 'genocidal' role in Libya

Cuban leader Fidel Castro on Monday blasted Nato's "genocidal role" in toppling Moamer Kadhafi, and decried what he described as the assassination of the late Libyan strongman. Kadhafi "was seriously wounded by the most modern Nato fighter-bombers that in
Published 25 Oct, 2011 12:00am
British Prime Minister faces EU referendum vote rebellion

British Prime Minister faces EU referendum vote rebellion

David Cameron faced the biggest rebellion of his premiership on Monday as eurosceptic backbenchers in his Conservative Party vowed to defy orders and vote for a referendum on Britain's EU membership. The vote in parliament's lower House of Commons is not
Published 25 Oct, 2011 12:00am
Libya ends public showing of Qadhafi's body

Libya ends public showing of Qadhafi's body

Libya's interim rulers ended the public display of the bodies of Muammar Qadhafi, his son and army chief on Monday after four days in which thousands of Libyans came to see for themselves that the dictator was really dead. Guards locked the gates to the c
Published 25 Oct, 2011 12:00am
Somali president opposes Kenyan military intervention

Somali president opposes Kenyan military intervention

Somalia's president said Monday that he opposed Kenya's week-old military assault against Islamists in the south of his country as a grenade attack on a Nairobi disco was linked to the rebels. While the Islamists had already threatened revenge attacks, th
Published 25 Oct, 2011 12:00am
Islamists claim lead in landmark Tunisia vote

Islamists claim lead in landmark Tunisia vote

Tunisia's main Islamist party claimed Monday to have captured about 40 percent of the vote in the country's first free polls, as the cradle of the Arab Spring basked in praise for its democratic revolution. Official results were only due Tuesday but provi
Published 25 Oct, 2011 12:00am
Beijing, Washington move to revive North Korea nuclear talks

Beijing, Washington move to revive North Korea nuclear talks

Beijing and Washington attempted Monday to revive long-stalled nuclear negotiations to disarm North Korea, with the US meeting the North in Geneva for direct talks and China's vice-premier visiting Pyongyang. The US team led by outgoing special representa
Published 25 Oct, 2011 12:00am
New York cotton settles higher

New York cotton settles higher

Cotton futures closed higher on Monday on follow-through investor buying as the market extended its rebound after dropping last week to a 14-month low, analysts said. The key December cotton contract on ICE Futures US rose 0.84 cent to close at 97.94 cent
Published 25 Oct, 2011 12:00am
Olam offers wheat at $283 07 a tonne in Bangladesh tender

Olam offers wheat at $283 07 a tonne in Bangladesh tender

Singapore-based Olam International made the lowest offer at $283.07 a tonne, including CIF liner out, in a Bangladesh tender that opened on Monday to buy 50,000 tonnes of wheat, a food official said. Five bidders took part in the tender, the fourth for wh
Published 25 Oct, 2011 12:00am
Shanghai copper gains

Shanghai copper gains

Copper prices rose on Monday, gaining for a second straight session, as optimism about a solution to the eurozone debt crisis and promising manufacturing data from top consumer China boosted investor confidence. "Copper fundamentals have been steady, but
Published 25 Oct, 2011 12:00am
Copper surges nearly 7 percent

Copper surges nearly 7 percent

Copper surged nearly 7 percent on Monday to its highest in nearly one month as encouraging manufacturing data from top metals consumer China and hopes for a eurozone debt deal boosted investor confidence. Benchmark copper nickel and tin all rallied more t
Published 25 Oct, 2011 12:00am
Brent, US crude jump

Brent, US crude jump

Brent crude rose on Monday, lifted by strong manufacturing data in No 2 oil consumer China while US crude jumped in heavy spread trading. US crude surged more than 4 percent, outpacing Brent and putting the US into backwardation, where the front-month pri
Published 25 Oct, 2011 12:00am
Tokyo, Shanghai rubber jump

Tokyo, Shanghai rubber jump

Key Tokyo rubber futures jumped 3.2 percent on Monday pulled higher by a robust Shanghai market as well as rises in oil and share prices, but many expect a fall back as uncertainty about the debt crisis in Europe caps any upside. The key Tokyo Commodity E
Published 25 Oct, 2011 12:00am
Malaysian palm oil climbs

Malaysian palm oil climbs

Malaysian palm oil futures hit a one-week high on Monday, on possible progress on eurozone debt problems combined with expectations of lower output for the edible oil. Investors await Europe's unveiling of a plan on Wednesday to stave off a Greek default,
Published 25 Oct, 2011 12:00am
Soft commodities surge

Soft commodities surge

Sugar, arabica coffee and US cocoa futures surged on Monday, as hopes grew for an agreement to resolve Europe's debt crisis. Raw sugar futures rose and consolidated below last week's one-month high, supported by a weaker dollar and strength in outside mar
Published 25 Oct, 2011 12:00am
Gold moves up in Asia

Gold moves up in Asia

Gold prices rose 1 percent on Monday, after European leaders inched closer to a concrete plan to solve the region's debt crisis during a weekend meeting, and upbeat manufacturing data from China fed the positive mood across markets. In recent weeks gold p
Published 25 Oct, 2011 12:00am
Gold rises in Europe

Gold rises in Europe

Gold rose more than 1 percent on Monday, as European leaders edged towards a solid plan to resolve the eurozone debt crisis and signs that China's economy is in better shape than feared. In recent weeks gold prices have followed moves in riskier assets, w
Published 25 Oct, 2011 12:00am
US MIDDAY: grains jump

US MIDDAY: grains jump

US grains joined a broad commodities rally on Monday, spurred by an improved manufacturing indicator in China, but pared gains toward the final hour of trade as fund buying waned, traders said. Soyabeans led the way up on the Chicago Board of Trade, up ab
Published 25 Oct, 2011 12:00am
US MIDDAY: copper extends rally

US MIDDAY: copper extends rally

Copper shot higher for a second-straight day on Monday, surging 7 percent to its priciest in nearly a month, after encouraging data from top consumer China and hopes for a eurozone debt deal boosted investor confidence.
Published 25 Oct, 2011 12:00am
US MIDDAY: gold gains

US MIDDAY: gold gains

Gold gained 1 percent early on Monday, rising with commodities and equities on hopes that European Union leaders were making progress to tackle the region's debt crisis and signs of resiliency over China's domestic demand. Bullion rose for a second day on
Published 25 Oct, 2011 12:00am
90,000 kids to be vaccinated against polio

90,000 kids to be vaccinated against polio

Over 90,000 children under five years of age would be vaccinated against polio in the Shah Faisal Town during the fresh round of polio immunisation campaign which is being carried out from October 24 to 26, across Pakistan. Town Administrator, Kamal Musta
Published 25 Oct, 2011 12:00am
APTMA concerned over loadshedding, gas cut in winter

APTMA concerned over loadshedding, gas cut in winter

All Pakistan Textile Mills Association (APTMA) expressed grave concern over the proposed loading shedding and curtailment of gas to the textile industry in the winter season and demanded for uninterrupted and smooth gas supply to intense export and job-or
Published 25 Oct, 2011 12:00am
ACM Gold organises seminar on commodity trading

ACM Gold organises seminar on commodity trading

'The myth that property prices never fall has been busted by recent events in Pakistan as well as across the globe' said vice-president MCB, Product Development and Asset Liability Management, Junaid Khalid. He was speaking at a one-day seminar organised
Published 25 Oct, 2011 12:00am
Two killed in road accidents

Two killed in road accidents

Two people were killed in road accidents near here on Monday. Reportedly, Saifur Rehman of Sialkot died on the spot when his car overturned due to speeding near Rajput Nagar. Separately, Naseer (45) was hit to death by a speeding tractor-trolley near Nanu
Published 25 Oct, 2011 12:00am
Japan extends Rs 8.8 million support to KWS

Japan extends Rs 8.8 million support to KWS

The Government of Japan decides to extend financial support of US $105,629 (approx.Rs 8.8million) to Kohsar Welfare Society (KWS) for the Construction of 7-km long Concrete Link Road in Village Lower Chalawara, Kotli Sattian, District Rawalpindi, Punjab.
Published 25 Oct, 2011 12:00am
Woman killed in van-rickshaw collision

Woman killed in van-rickshaw collision

A woman on Monday lost her life while four others injured when a private van rammed into a rickshaw in the limits of Ferozabad police station. According to police, a private van (JE-6855) collided with a rickshaw (DAA-003) at Shaheed-e-Millat road, Baloch
Published 25 Oct, 2011 12:00am
Four persons accused of heinous crimes held

Four persons accused of heinous crimes held

At-least four suspects involved in several heinous crimes were apprehended in separate raids in various parts of the metropolis on Monday. According to police sources, Crime Investigation Department (CID) claimed to have nabbed an alleged target killer.
Published 25 Oct, 2011 12:00am
Action against alleged irregularity demanded

Action against alleged irregularity demanded

A resident of district Gujrat, Punjab, Mohammad Rafiq has sought action against his opponents who allegedly forcibly purchased his property on lesser rates and now intimidating through various tactics. Addressing a news conference at Peshawar Press Club o
Published 25 Oct, 2011 12:00am
CID official's car attacked, two killed

CID official's car attacked, two killed

At least two persons including a minor boy were killed when a private vehicle of CID official was assaulted in the limits of Zaman Town police station on Monday evening. According to police sources, a 12-year-old boy and a man were killed while another wo
Published 25 Oct, 2011 12:00am
Dishonouring of ST refund cheques by SBP criticised

Dishonouring of ST refund cheques by SBP criticised

Chairman, SITE Association of Industry, Mohammad Irfan Moton, took a serious note of dishonouring the sales tax refund cheques by State Bank of Pakistan due to change of Bank's name. Expressing concern he said that there is a general complaint from all ov
Published 25 Oct, 2011 12:00am
Government efforts to overcome energy crises acknowledged

Government efforts to overcome energy crises acknowledged

Chairman, Pakistan Denim Manufacturers and Exporters Association (PDMEA), Khalid Majeed has appreciated Dr Asim Hussain, Federal Minister for Petroleum & Natural Resources for his efforts to meet the energy requirements of the industry. The industry is fa
Published 25 Oct, 2011 12:00am
Fruits worth $43.8 million exported in 2 months

Fruits worth $43.8 million exported in 2 months

Fruits of different varieties, weighing about 86,675 tons, worth $43.8 million were exported during the period July-August, 2011. Ahmas Jawad, CEO of Harvest Trading, told Business Recorder that the government should support the vegetable and fruit
Published 25 Oct, 2011 12:00am
Three smugglers nabbed, narcotics seized

Three smugglers nabbed, narcotics seized

City police on Monday foiled narcotics smuggling bid to down country by seizing hashish and opium in the limits of Astarzai police station near Murree chowki, police said. The police mobile team, as per routine checking, intercepted a suspected vehicle wi
Published 25 Oct, 2011 12:00am
PTCL offers bundled packages for 3G Evo Tab

PTCL offers bundled packages for 3G Evo Tab

After three months of a successful launch, Pakistan Telecommunications Company Limited (PTCL) is now offering new and unbeatable bundled packages for its 3G Evo Tab! After being launched on August 14 this year for a special discounted price, PTCL's 3G Evo
Published 25 Oct, 2011 12:00am
UN marks 64 years of partnership with Pakistan

UN marks 64 years of partnership with Pakistan

"The mission of the United Nations is to build a better world, to leave no one behind, and to stand for the poorest and most vulnerable in the name of global peace and social justice", said United Nations Secretary General, Ban ki Moon, on UN Day 2011. In
Published 25 Oct, 2011 12:00am
Growers advised to start cotton picking

Growers advised to start cotton picking

The Punjab Agriculture Department has advised growers to start picking cotton after 40 to 50 percent bolls are matured. A spokesman of the department said on Monday that cotton picking should be done from 10:00 am to 4:00 pm so that 'phutti' could be save
Published 25 Oct, 2011 12:00am
Khanz's fashion designs impress visitors at Expo Pakistan

Khanz's fashion designs impress visitors at Expo Pakistan

A young rising fashion designer, Shaheen Khan, has successfully exhibited her latest collections with the tag of Khanz at the just concluded Expo Pakistan 2011 show, leaving the foreign buyers impressed. Talking to Business Recorder she said that h
Published 25 Oct, 2011 12:00am
Nine women among 23 persons arrested

Nine women among 23 persons arrested

Police nabbed 23 outlaws from various areas of the city including nine women on Monday. A police spokesman said that nine women were allegedly involved in bootlegging, drug pushing and other criminal activities. Police have recovered a total 390 wine bott
Published 25 Oct, 2011 12:00am
Judicial system: plea to take steps for brining improvement

Judicial system: plea to take steps for brining improvement

Head of right organisation, "Mazloom Ki Awaz", Mohammad Siddiq Qureshi Advocate has appealed the Chief Justice of Supreme Court, Justice Iftikhar Mohammad Chaudhry to take proactive steps for brining improvement in the existing judicial system and called
Published 25 Oct, 2011 12:00am
22 foreigners, 7 Nadra employees handed over to FIA

22 foreigners, 7 Nadra employees handed over to FIA

Vigilance team of National Database and Registration Authority (Nadra) has handed over 22 foreigners along with Nadra staff involved in an attempt of getting computerised national identity cards from Akhrotabad, Balochistan to Federal Investigation Agency
Published 25 Oct, 2011 12:00am
PML-N slams proposed gas supply cut in winter

PML-N slams proposed gas supply cut in winter

Pakistan Muslim League-Nawaz (PML-N) on Monday expressed concern over the proposed curtailment of gas supply to the industrial sector for three months during winter, fearing the decision would have serious consequences. The government due to severe gas sh
Published 25 Oct, 2011 12:00am
Nadra centres encouraging women registration

Nadra centres encouraging women registration

The exclusive centres for women registration in different cities are encouraging them to apply for CNICs and helping the authorities to have more accurate data to facilitate policy makers in decision making. The National Database and Registration Authorit
Published 25 Oct, 2011 12:00am
Poor performance of Sindh govt

Poor performance of Sindh govt

The people of Sindh were rightly expecting from their own elected PPP government some relief that it would provide them. Unfortunately, however, it appears that there is no good governance in Sindh as government leaders usually seek to "resolve" genuine g
Published 25 Oct, 2011 12:00am
The West's wildest mailmen: Pony Express ended 150 years ago

The West's wildest mailmen: Pony Express ended 150 years ago

"Men wanted," the notice read - and it was real men who were wanted. After all, those working for the Pony Express - a short-lived but legendary postal service in the United States - might even risk their lives when carrying out assignments on horseback a
Published 25 Oct, 2011 12:00am
Nato's 'victory'

Nato's 'victory'

On October 20, the overthrown Libyan President was finally removed from the face of the earth. Three cheers for Nato, especially the French Mirages, that bombed the convoy Qadhafi was travelling in. The rest ie beating, kicking and finally killing Qadhafi
Published 25 Oct, 2011 12:00am
Begum Bhutto is dead

Begum Bhutto is dead

In the death of Begum Nusrat Bhutto comes to an end a life spent as much in glamour and glory as deeply drenched it was in pain and tragedies of biblical proportions. Not much is known how her end came; nor do we know what was on her mind then, did she ta
Published 25 Oct, 2011 12:00am
Energy crisis to deepen

Energy crisis to deepen

The energy committee under the chairmanship of Federal Finance Minister Dr Hafeez Sheikh reportedly submitted its proposals during the cabinet meeting of 12th October 2011. The report itemized 5000MW planned generation enhancement during the next year and
Published 25 Oct, 2011 12:00am
Condolence book at Aiwan-e-Sadr

Condolence book at Aiwan-e-Sadr

On the sad passing away of Begum Nusrat Bhutto, the Government has announced 10-day national mourning. To enable the Diplomatic Missions and International Organisations in Islamabad to record their condolences, a Condolence Book will be placed at Aiwan-e-
Published 25 Oct, 2011 12:00am
Shahi Syed condoles demise

Shahi Syed condoles demise

President Awami National Party (ANP), Sindh, Shahi Syed has expressed deep sorrow and grief over death of Begum Nusrat Bhutto. In a statement, he said the country has lost a strong personality, who had struggled for the cause of democracy. Shahi Syed symp
Published 25 Oct, 2011 12:00am
PPP Punjab expresses deep sorrow

PPP Punjab expresses deep sorrow

Pakistan Peoples' Party (PPP) Punjab has expressed deep sorrow and grief over the sad demise of Begum Nusrat Bhutto, the country's first lady from 1973 to 1977. The PPP top leadership in Punjab said Begum Nusrat Bhutto belonged to a well-to-do Iranian bus
Published 25 Oct, 2011 12:00am
PPP holds Quran Khwani for Begum Bhutto

PPP holds Quran Khwani for Begum Bhutto

A large number of Pakistan Peoples Party (PPP) female workers from Lyari, attended the Quran Khawani held separately at Bilwal House and Peoples Secretariat and prayed for the departed soul of Begum Nusrat Bhutto, the former chairperson of PPP.
Published 25 Oct, 2011 12:00am
Political parties' leaders condole death of Nusrat Bhutto

Political parties' leaders condole death of Nusrat Bhutto

Political leaders expressed grief over the death of Begum Nusrat Bhutto, the wife of former prime minister Zulfikar Ali Bhutto and mother of Benazir Bhutto, who passed away in Dubai on Sunday after prolonged illness. Former Foreign Minister Makhdoom Shah
Published 25 Oct, 2011 12:00am
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