AGL 36.51 Decreased By ▼ -1.49 (-3.92%)
AIRLINK 216.01 Increased By ▲ 2.10 (0.98%)
BOP 9.46 Increased By ▲ 0.04 (0.42%)
CNERGY 6.59 Increased By ▲ 0.30 (4.77%)
DCL 8.50 Decreased By ▼ -0.27 (-3.08%)
DFML 40.90 Decreased By ▼ -1.31 (-3.1%)
DGKC 99.48 Increased By ▲ 5.36 (5.69%)
FCCL 36.48 Increased By ▲ 1.29 (3.67%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 17.17 Increased By ▲ 0.78 (4.76%)
HUBC 126.25 Decreased By ▼ -0.65 (-0.51%)
HUMNL 13.35 Decreased By ▼ -0.02 (-0.15%)
KEL 5.24 Decreased By ▼ -0.07 (-1.32%)
KOSM 6.71 Decreased By ▼ -0.23 (-3.31%)
MLCF 44.24 Increased By ▲ 1.26 (2.93%)
NBP 60.50 Increased By ▲ 1.65 (2.8%)
OGDC 222.49 Increased By ▲ 3.07 (1.4%)
PAEL 40.60 Increased By ▲ 1.44 (3.68%)
PIBTL 8.16 Decreased By ▼ -0.02 (-0.24%)
PPL 191.99 Increased By ▲ 0.33 (0.17%)
PRL 38.60 Increased By ▲ 0.68 (1.79%)
PTC 27.00 Increased By ▲ 0.66 (2.51%)
SEARL 103.50 Decreased By ▼ -0.50 (-0.48%)
TELE 8.62 Increased By ▲ 0.23 (2.74%)
TOMCL 34.86 Increased By ▲ 0.11 (0.32%)
TPLP 13.60 Increased By ▲ 0.72 (5.59%)
TREET 24.99 Decreased By ▼ -0.35 (-1.38%)
TRG 71.99 Increased By ▲ 1.54 (2.19%)
UNITY 33.33 Decreased By ▼ -0.06 (-0.18%)
WTL 1.72 No Change ▼ 0.00 (0%)
BR100 11,987 Increased By 93.1 (0.78%)
BR30 37,178 Increased By 323.2 (0.88%)
KSE100 111,351 Increased By 927.9 (0.84%)
KSE30 35,039 Increased By 261 (0.75%)
Print - 2011-11-23
Actor Coogan says UK tabloids operate like Mafia

Actor Coogan says UK tabloids operate like Mafia

Celebrities fear a backlash from the British tabloid press if they speak out at an inquiry into media standards, comedian and actor Steve Coogan said on Tuesday, adding that newspapers were like the Mafia in the way they operated. A lawyer for film star H
Published 23 Nov, 2011 12:00am
Protests draw concessions from Egypt army rulers

Protests draw concessions from Egypt army rulers

Egypt's ruling generals offered on Tuesday to transfer power to a civilian president by July in a dramatic attempt to placate protesters and defuse a political crisis that has jolted plans for the country's first free election in decades.
Published 23 Nov, 2011 12:00am
Tunisia enters new era of democracy

Tunisia enters new era of democracy

Tunisia entered a new era on Tuesday with the inaugural session of its first-ever democratically elected constituent assembly, 10 months after a popular uprising ended years of dictatorship. The 217-member assembly, the first elected body of the Arab Spri
Published 23 Nov, 2011 12:00am
Bomb blast, airstrikes kill 13 Somalis

Bomb blast, airstrikes kill 13 Somalis

Somali civilians bore the brunt of violence in the war-torn nation Tuesday, with a roadside bomb killing 10 in the capital and fighter jet strikes in the south claiming three lives. A roadside bomb exploded in a crowded area in the south of Mogadishu, whe
Published 23 Nov, 2011 12:00am
Iraqis win appeal for torture inquiry against UK soldiers

Iraqis win appeal for torture inquiry against UK soldiers

A British court ruled on Tuesday in favour of a group of more than 100 Iraqi civilians who have demanded a new public inquiry into allegations of torture against British soldiers. Judges at the Court of Appeal in London overturned a decision by a lower co
Published 23 Nov, 2011 12:00am
Indian train fire kills seven, including Australian

Indian train fire kills seven, including Australian

Seven people including a four-year-old girl and an Australian woman died when a fire swept through an overnight train in eastern India early on Tuesday, officials said. Four female researchers from Australia were travelling to the Buddhist holy city of Bo
Published 23 Nov, 2011 12:00am
Libya's NTC unveils new government line-up

Libya's NTC unveils new government line-up

Libya's National Transitional Council (NTC) on Tuesday named a new government featuring several surprise appointments that suggested the line-up was aimed at trying to soothe rivalries between regional factions. Earlier, the International Criminal Court's
Published 23 Nov, 2011 12:00am
South Africa passes secrets bill, media furious

South Africa passes secrets bill, media furious

South Africa's parliament passed a bill on protecting state secrets on Tuesday despite criticism at home and abroad that it harks back to apartheid legislation and further harms the country's weakened credibility on tackling corruption. The Protection of
Published 23 Nov, 2011 12:00am
Russia brings astronauts safely back to Earth

Russia brings astronauts safely back to Earth

Three astronauts landed safely in the Kazakh steppe aboard a Russian Soyuz capsule on Tuesday after a stay of over five months aboard the International Space Station, Russian mission control said. American Mike Fossum, Japan's Satoshi Furukawa and Russia'
Published 23 Nov, 2011 12:00am
US puts Saudi man on terror list

US puts Saudi man on terror list

The United States said Tuesday it has placed a suspected Saudi member of a Islamist militant group based in Lebanon on its list of international terrorists. The State Department said it had designated Ibrahim Suleiman Hamad Al-Hablain, known as Abu Jabal,
Published 23 Nov, 2011 12:00am
Turkish Prime Minister calls for Syria's Assad to quit

Turkish Prime Minister calls for Syria's Assad to quit

In Turkey's strongest condemnation of its one-time ally Syria, Turkish Prime Minister Tayyip Erdogan called on Tuesday for Syria's president to step down and likened Damascus's crackdown on protesters to the tactics of Nazi Germany. "Without spilling any
Published 23 Nov, 2011 12:00am
New York cotton ends mixed

New York cotton ends mixed

Cotton futures finished mixed on Tuesday in spread trade, with the weak macroeconomic outlook seen keeping fibre contracts on the defensive, analysts said. Global stocks fell Tuesday after data showed the US economy grew more slowly than expected in the t
Published 23 Nov, 2011 12:00am
US copper crumbles

US copper crumbles

Copper crumbled Monday to its lower level in nearly a month on mounting fears that heavy debt loads in Europe and the United States will hinder global economic growth, and with it, demand for industrial metals. At nearly 3 percent, it was the red metal's
Published 23 Nov, 2011 12:00am
Shanghai copper eases

Shanghai copper eases

In Shanghai, third month copper eased 0.2 percent to close at 54,980 yuan a tonne on Tuesday, bouncing off the session's low of 54,360 yuan.
Published 23 Nov, 2011 12:00am
Copper cuts gains

Copper cuts gains

Copper bounced on Tuesday as physical buying interest picked up after three days of price declines but worries over a worsening debt crisis in the eurozone and the United States, as well as positioning ahead of the US Thanksgiving holiday, capped gains. T
Published 23 Nov, 2011 12:00am
Oil up on Iran row, IMF lending moves

Oil up on Iran row, IMF lending moves

Oil prices rose in choppy trading on Tuesday as efforts to strengthen sanctions on Iran and unrest in the region hiked the geopolitical fear premium and offset worries about global economic growth. "It's Iran sanctions, Egypt and Syria and even Libya toda
Published 23 Nov, 2011 12:00am
Tokyo rubber flat; Shanghai up

Tokyo rubber flat; Shanghai up

Key TOCOM rubber futures ended almost flat on Tuesday after falling as much as 3.3 percent as rises in the Shanghai market prompted the return of investors, although uncertainty over the economic outlook capped gains. The key Tokyo Commodity Exchange rubb
Published 23 Nov, 2011 12:00am
Palm oil drops

Palm oil drops

Malaysian palm oil futures fell their lowest in more than a week on concerns huge debt burdens in the US and Europe may prove to be unmanageable and stall growth and commodity demand. Gloomy economic sentiment pushed palm oil futures lower for a second da
Published 23 Nov, 2011 12:00am
Corn ends below $6 bushel

Corn ends below $6 bushel

US grain and soyabean futures sank on Monday, with corn approaching a seven-week low below $6 a bushel as increasing concerns about the eurozone debt crisis encouraged traders to reduce risk. The potential failure of a US debt reduction plan added to conc
Published 23 Nov, 2011 12:00am
Cocoa reverses up

Cocoa reverses up

Cocoa futures ended mixed after clawing up from the lowest levels in roughly three years on Tuesday, as short-covering kicked in, while raw sugar dropped to a five-month low. Coffee was little changed in choppy dealings on the heels of the US dollar, as g
Published 23 Nov, 2011 12:00am
Gold drops 2.5 percent in New York

Gold drops 2.5 percent in New York

Gold dropped 2.5 percent on Monday, its worst one-day drop in two months, hit by technical selling and a global market maelstrom fuelled by government debt fears in Europe and the United States. Global debt worries have prompted funds and other institutio
Published 23 Nov, 2011 12:00am
Gold rebounds in Asia

Gold rebounds in Asia

Spot gold rebounded on Tuesday, as a decline of more than 2 percent in the previous session attracted some buyers, while worries about debt crises in both the United States and the eurozone are expected to keep sentiment fragile. Spot gold gained half a p
Published 23 Nov, 2011 12:00am
Gold recovers

Gold recovers

Gold recovered on Tuesday as the market consolidated after heavy selling the previous day and as panic over western world debt subsided in the wider financial markets, lessening the need to sell gold to raise dollar funding. But the respite was seen as te
Published 23 Nov, 2011 12:00am
US MIDDAY: grains slip

US MIDDAY: grains slip

US grains futures edged lower on Tuesday in the absence of export demand despite prices falling to multi-month lows, while Minneapolis wheat prices tumbled 3.2 percent on profit-taking. Traders have been focusing on export demand in the wake of soyabean f
Published 23 Nov, 2011 12:00am
US MIDDAY: copper moves up

US MIDDAY: copper moves up

Copper rose for the first time in four days on Tuesday, buoyed by signs of stronger buying interest, particularly from Asia, following the metal's steady unwind from its late October rally. In New York, the key December COMEX copper contract rose 3.00 cen
Published 23 Nov, 2011 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold rose 1 percent on Tuesday after the previous session's tumble, as buying related to options' expiration lifted bullion prices toward the important $1,700-an-ounce option strike price. Bullion, which has lost 5 percent in the past five sessions on glo
Published 23 Nov, 2011 12:00am
Nasir nominated FPCCI body member

Nasir nominated FPCCI body member

The Executive Committee of the Lahore Chamber of Commerce and Industry has nominated its EC member Nasir Saeed for FPCCI Managing Committee for the year 2012. The LCCI in its emergent meeting passed a special resolution for the nomination of Managing Comm
Published 23 Nov, 2011 12:00am
Concerns voiced over dwindling economic condition

Concerns voiced over dwindling economic condition

President American Business Forum, Salim Ghauri has expressed concerns over the dwindling economic indicators, including 61 percent decline in foreign private investment during the four months of current fiscal and increase in Non Performing Loans (NPLs)
Published 23 Nov, 2011 12:00am
Solve agriculture Dairy Institute signs accord with PTC

Solve agriculture Dairy Institute signs accord with PTC

Solve Agri Dairy Institute, a first of its kind private sector dairy and livestock professional training and skills development institute in Pakistan, has joined hands with PTC+, a highly respected and renowned Dutch institute specialised in conducting pr
Published 23 Nov, 2011 12:00am
Stable, sovereign Afghanistan in Pakistan's interest: Gilani

Stable, sovereign Afghanistan in Pakistan's interest: Gilani

Prime Minister Syed Yousuf Raza Gilani reiterating support to Afghan-led and Afghan owned peace process said Tuesday an independent, prosperous, stable and sovereign Afghanistan was in Pakistan's interest. He, however, emphasised that Pakistan did not wan
Published 23 Nov, 2011 12:00am
Call to equip students with necessary skills

Call to equip students with necessary skills

Renowned industrialist and LCCI former president, Mian Anjum Nisar has urged the government to focus on equipping the students with right skills and knowledge, as maximum utilisation of human potential is key to success and a necessary ingredient to makin
Published 23 Nov, 2011 12:00am
Girl kidnapped, brother killed

Girl kidnapped, brother killed

A nomad girl was kidnapped while her young brother was killed late night in a nearby village, said police on Tuesday. Kauser Bibi, a gypsy woman told Liaqutpur police that a man Falku, an acquaintance, sought hand of her daughter for his second marriage.
Published 23 Nov, 2011 12:00am
PU organises International Punjabi Conference

PU organises International Punjabi Conference

Punjab Univer-sity Department of Punjabi organised International Punjabi Conference here in the Sherani Hall of Oriental College, Allama Iqbal (Old) Campus on Tuesday.
Published 23 Nov, 2011 12:00am
PAKISTAN TOBACCO COMPANY

PAKISTAN TOBACCO COMPANY

Pakistan Tobacco Company is an associate of one of the world's leading tobacco groups, "British American Tobacco Company" (BATC), which has a legacy spreading over more than 100 years. The BATC has presence in more than 180 countries and is known for its
Published 23 Nov, 2011 12:00am
PAKISTAN TOBACCO COMPANY

PAKISTAN TOBACCO COMPANY

Pakistan Tobacco Company is an associate of one of the world's leading tobacco groups, "British American Tobacco Company" (BATC), which has a legacy spreading over more than 100 years. The BATC has presence in more than 180 countries and is known for its
Published 23 Nov, 2011 12:00am
ASWJ activist among 3 persons gunned down

ASWJ activist among 3 persons gunned down

At least three persons including an activist of Ahle Sunnat Wal Jamaat (ASWJ) were gunned down in separate incidents of targeted killings at different parts of the metropolis here on Tuesday. According to police and rescue sources, the activist of ASWJ wa
Published 23 Nov, 2011 12:00am
Apwa hails passage of Anti-Women Practices Bill

Apwa hails passage of Anti-Women Practices Bill

The All Pakistan Women's Association (APWA) greatly appreciated the passage of the prevention of Anti-Women Practices Bill 2011 by the National Assembly, recently. After many deliberations and minor amendments the Bill will finally uphold women's rights w
Published 23 Nov, 2011 12:00am
Etihad Airways named 'Airline of the Year'

Etihad Airways named 'Airline of the Year'

Etihad Airways, the national carrier of the United Arab Emirates, has been named Airline of the Year by Arabian Business magazine. Judges said the award was made in recognition of Etihad Airways' financial performance and service offering, as well as the
Published 23 Nov, 2011 12:00am
Military action alone no solution to Afghan issue: Naek

Military action alone no solution to Afghan issue: Naek

Chairman Senate, Farooq H. Naek has said that military action alone could not resolve Afghanistan issue, rather military measure had to be supported by political and development tracks. Pakistan had always supported an Afghan-led and Afghan-owned process
Published 23 Nov, 2011 12:00am
HCCI delegation visits Furniture Expo 2011

HCCI delegation visits Furniture Expo 2011

A delegation of Hyderabad Chamber of Commerce and Industry led by the President HCCI Goharullah visited Furniture Expo 2011 organised by Habit Furniture Manufacturer Company Karachi, here on Tuesday. Former President HCCI Haji Muhammad Yaqoob, former Vice
Published 23 Nov, 2011 12:00am
HMCC receives 4041 complaints against various departments

HMCC receives 4041 complaints against various departments

Home Minister Complaint Center (HMCC) has received 4041 complaints against various departments within over a year including 1130 complaints against Sindh Police, Business Recorder learnt on Tuesday. HMCC, which operates under the provincial home de
Published 23 Nov, 2011 12:00am
PIA fined by Saudi authorities for delays

PIA fined by Saudi authorities for delays

Saudi Civil Aviation authorities have imposed a fine of Saudi riyal 10,000 on the Pakistan International Airlines for delay in operating flights between Pakistan and Saudi Arabia. Usually reliable sources told Business Recorder here on Tuesday that
Published 23 Nov, 2011 12:00am
UK among Pakistan's top five export destinations

UK among Pakistan's top five export destinations

The UK remains among Pakistan's top five export destinations with balance of trade in favour of Pakistan. Exports from Pakistan to the UK increased by approximately 19% and accounted a value of £ 659.62 million during the first 9 months ie January-Septemb
Published 23 Nov, 2011 12:00am
APML convention urges Musharraf to return to Pakistan

APML convention urges Musharraf to return to Pakistan

A convention of all chapters of All Pakistan Muslim League (APML) from Pakistan, the United Arab Emirates, United States, Canada and Europe started here on Tuesday. The purpose of the convention was to get feedback from all the Chapters of the Party to be
Published 23 Nov, 2011 12:00am
Balochistan government seeks share in PPL, SSGC

Balochistan government seeks share in PPL, SSGC

Balochistan government has expressed its desire to purchase share in Pakistan Petroleum Limited (PPL) and Sui Southern Gas Company (SSGC). Official sources said on Tuesday that Balochistan Chief Minister told Federal Petroleum Secretary Muhammad Ejaz Chau
Published 23 Nov, 2011 12:00am
Asia young leaders summit Faraz Khan to represent Pakistan

Asia young leaders summit Faraz Khan to represent Pakistan

Faraz Khan, Pakistan's leading social entrepreneur & founder of Seed Ventures has been named among the 150 next generation leaders from 30 countries in the Asia Pacific region who will participate in the Asia Society's sixth annual Asia 21 Young Leaders S
Published 23 Nov, 2011 12:00am
KDA pensioners not paid for 4 months by CDGK

KDA pensioners not paid for 4 months by CDGK

In a clear violation of the Constitution of Pakistan, the defunct city government has continued to withhold pensions of its retired employees of defunct Karachi Development Authority for the last four months, while many are forced to undergo the financial
Published 23 Nov, 2011 12:00am
WBDC organises orientation seminar

WBDC organises orientation seminar

Women Business Development Centre (WBDC) on Tuesday organised a orientation seminar at Institute of Management Studies (IMS), University of Peshawar under its Youth Entrepreneurship Development Forum (YEDF). The WBDC, Project Manager, Nabeela Farman deliv
Published 23 Nov, 2011 12:00am
Universities educate nations on how to face challenges

Universities educate nations on how to face challenges

Khyber Pakhtunkhwa Governor, Barrister Masood Kausar has said that the universities are the kind of institutions supposed to lead, guide and educate the nation as, how to face the confronting challenges. Addressing as chief guest at the inaugural ceremony
Published 23 Nov, 2011 12:00am
PAP holds 12th annual population research moot

PAP holds 12th annual population research moot

Population Association of Pakistan (PAP), in collaboration with Punjab University Institute of Social & Cultural Studies (ISCS), organised a three-day 12th Annual Population Research Conference with the theme 'Pakistani Youth: The Ultimate Resource'. The
Published 23 Nov, 2011 12:00am
Oath of new LHC CJ: LHC overrules objections

Oath of new LHC CJ: LHC overrules objections

Justice Muhammad Khalid Mahmood Khan of the Lahore High Court (LHC) overruled on Tuesday the objections raised in a petition challenging the oath of new LHC Chief Justice Sheikh Azmat Saeed administered by Punjab Governor Sardar Latif Khan Khosa. The LHC
Published 23 Nov, 2011 12:00am
PML-N takes U-turn on general elections

PML-N takes U-turn on general elections

Pakistan Muslim League-N (PML-N) has taken U-turn on holding of general elections before the Senate elections in March 2012 following PTI' Chief Imran Khan's mammoth public meeting at Minar-e-Pakistan on 30th October. Political analysts said that Punjab C
Published 23 Nov, 2011 12:00am
KSE issues working of DFC securities' electronic release

KSE issues working of DFC securities' electronic release

The Karachi Stock Exchange (KSE) said on Tuesday that the functionality for electronic release of securities in Deliverable Futures Contract (DFC) has been designed, which would be deployed on NCHS terminals on November 28, 2011 through which the release
Published 23 Nov, 2011 12:00am
Industrialists decide two-hour sit-in against loadshedding

Industrialists decide two-hour sit-in against loadshedding

Representatives of all the industrial town associations of the city, members and office-bearers of Karachi Chamber of Commerce and Industry (KCCI) have decided to stage a two hours' sit-in in front of Karachi Press Club (KPC) on Wednesday to register thei
Published 23 Nov, 2011 12:00am
Warid joins hands with GCU EFT in Lahore

Warid joins hands with GCU EFT in Lahore

The Warid Telecom on Wednesday joined hands with the Government College University Lahore Endowment Fund Trust (GCU EFT) to support education and donated the trust Rs 800,000. Warid Telecom Sales and Distribution Head Amer Aman Khan handed over the cheque
Published 23 Nov, 2011 12:00am
'PPP has become Zardari League'

'PPP has become Zardari League'

Former Foreign Minister Shah Mahmood Qureshi on Tuesday said Pakistan Peoples Party (PPP) has become Zardari League. He was talking to the media upon his return to Pakistan from Dubai at the Allama Iqbal International Airport, here on Tuesday. According t
Published 23 Nov, 2011 12:00am
MQM to hold public meeting in Multan on December 23: Altaf

MQM to hold public meeting in Multan on December 23: Altaf

Chief Muttahida Quami Movement (MQM) Altaf Hussain has announced that a historic public meeting of the MQM will be held in Multan on 23rd December 2011. He announced this while talking to the office-bearer and workers of MQM Lahore Zone. Members of the co
Published 23 Nov, 2011 12:00am
BIEK announces results of Inter Science pre-medical group (Part-I)

BIEK announces results of Inter Science pre-medical group (Part-I)

Board of Intermediate Education Karachi (BIEK) has announced the results of Intermediate Science pre-medical group (Part-I) of annual examination 2011 on Tuesday. Total 14,911 candidates were registered in pre-medical part-I exams and out of them 14,677 a
Published 23 Nov, 2011 12:00am
HR violations in IHK: efforts on to move ICJ: Barrister Sultan

HR violations in IHK: efforts on to move ICJ: Barrister Sultan

Former Prime Minister of Azad Jammu and Kashmir (AJK) Barrister Sultan Mehmood Chaudhry on Tuesday said that efforts are underway to approach the International Court of Justice (ICJ) against the massive human rights violations being committed by brutal In
Published 23 Nov, 2011 12:00am
Barrister Sultan calls on Gilani

Barrister Sultan calls on Gilani

Barrister Sultan Mahmood, former Prime Minister of Azad Kashmir, called on the Prime Minister Yousuf Raza Gilani on Tuesday ahead of going on three weeks foreign visit to European countries and USA. Sultan Mehmood will visit USA, UK, Germany, France, etc
Published 23 Nov, 2011 12:00am
Oil consumption up by 26 percent in October

Oil consumption up by 26 percent in October

The oil consumption in local market has increased by 26 percent to 1.8 million tons in the month of October 2011. "The growth was primarily led by recovery in Furnace Oil (FO) sales and seasonal up tick in high speed diesel (HSD) sales volumes," Atif Zafa
Published 23 Nov, 2011 12:00am
Lakhra coal

Lakhra coal

We regret to note here that, government of Sindh's report is inaccurate in its findings. We came here to Pakistan to a land that needed foreign investment and knowledge, which was expected to provide us with law and order for our overseas directors and wo
Published 23 Nov, 2011 12:00am
Back to the square, as Egyptians battle for democracy

Back to the square, as Egyptians battle for democracy

In Tahrir Square, it seems each person knows his job. Medics stand on the sides of the streets carrying cotton, face masks, and a white liquid they pour into the eyes - all are used to help protesters breath through the clouds of tear gas filling the air.
Published 23 Nov, 2011 12:00am
US debt committee breaks down, next up big cuts

US debt committee breaks down, next up big cuts

"Super" isn't what it was in Washington, now that the super-committee appointed to resolve the political conflict over dealing with the huge US debt problem has failed. After months of hope that a solution would be found, even the most optimistic had alre
Published 23 Nov, 2011 12:00am
The desired change, but soon

The desired change, but soon

Pakistan has been governed by successive governments since its independence. During all these years, country's image has remained tainted with corruption, nepotism, financial mismanagement and bad governance. No serious attention was ever paid to resolve
Published 23 Nov, 2011 12:00am
Tendering irregularities

Tendering irregularities

Pakistan State Oil is embroiled in a controversy over an alleged tendering irregularity, with a complainant accusing the entity's tendering committee of having caused a loss worth $3 million to the national exchequer by awarding a contract to the highest
Published 23 Nov, 2011 12:00am
Rising level of NPLs

Rising level of NPLs

It is a matter of grave concern that non-performing loans (NPLs) of country's banking system have been showing a continuously rising trend in the recent past. According to the latest data of the State Bank, NPLs of banks and DFIs registered a hefty increa
Published 23 Nov, 2011 12:00am
Government urged to give industry status to freight forwarding

Government urged to give industry status to freight forwarding

Government and trade bodies should accept freight forwarding as a proper industry and should optimise on their capabilities. Unified ministry of transport and logistics should be established integrating all function including air, sea, road transportation
Published 23 Nov, 2011 12:00am
Chief minister Punjab constitutes IRG

Chief minister Punjab constitutes IRG

Punjab Chief Minister Shahbaz Sharif has constituted Institutional Reforms Group (IRG), under Chairmanship of PML-N Deputy Secretary General Ahsan Iqbal MNA. Addressing the first meeting of the group, Ahsan Iqbal emphasised the need for institutional refo
Published 23 Nov, 2011 12:00am
6.3 million hector of land victim of salinity

6.3 million hector of land victim of salinity

As many as 6.3 million hector of the land is victim of the salinity in the country while the situation has started taking nasty turn with the addition of 4,000 hectre land affected by salinity every year. The salinity across the globe has also affected th
Published 23 Nov, 2011 12:00am
India wants to resolve all issues through dialogues: HC

India wants to resolve all issues through dialogues: HC

Indian High Commissioner to Pakistan Sharat Sabharwal has said that India was making adequate efforts to resolve all unresolved issues through dialogues with Pakistan. Pakistan had showed its positive response during dialogue held in recent past, which is
Published 23 Nov, 2011 12:00am
Father kills baby

Father kills baby

A man killed his four months old girl here in the area of urban area police station on Tuesday. According to police, Muhammad Hussain resident of Gulshan Jamal quarrelled with his wife Kiran on some domestic issue and in a fit of rage he killed his baby d
Published 23 Nov, 2011 12:00am
Resignation of AG Punjab accepted

Resignation of AG Punjab accepted

Punjab Chief Minister, Muhammad Shahbaz Sharif here on Tuesday has accepted the resignation of Advocate General Punjab, Khawaja Haris Ahmad which he tendered on personal reasons. Appreciating the services of Khawaja Haris Ahmad, the CM termed him a profes
Published 23 Nov, 2011 12:00am
PTI office de-sealed

PTI office de-sealed

Excise and taxation authorities sealed on Tuesday the office of Pakistan Tehreek-e-Insaf (PTI) Lahore region located at Jail Road, due to non-payment of property tax. However, later during the day, PTI office was de-sealed, after the chief minister of Pun
Published 23 Nov, 2011 12:00am
Dr Naeem declares employees of BISE responsible for mess

Dr Naeem declares employees of BISE responsible for mess

Former Boards of Intermediate and Secondary Examination (BISEs) Punjab IT Consultant Dr Majid Naeem said that employees of the BISEs did not let the computerised system work. The judicial commission adjourned the proceedings till November 24 for further h
Published 23 Nov, 2011 12:00am
Low sui gas pressure hits domestic consumers

Low sui gas pressure hits domestic consumers

A very low Sui gas pressure hits domestic consumers and CNG users in almost all areas of Multan including Hassan Parwana Colony, Wilayatabad, Amirabad, Gulberg, Writers Colony, Masoom Shah Road, Farooqpura, Shamsabad, New Multan, Shah Rukn-i-Alam.
Published 23 Nov, 2011 12:00am
Pension, medical allowances - seeks reply from federal government

Pension, medical allowances - seeks reply from federal government

The Lahore High Court on Tuesday sought reply from the federal government within two weeks on a petition against not increasing pension and medical allowance to LHC judges who were retired due to taking oath under Provisional Constitutional Order (PCO) of
Published 23 Nov, 2011 12:00am
LHC issues notice to secretary foreign affairs

LHC issues notice to secretary foreign affairs

Lahore High Court (LHC) here on Tuesday issued notice to secretary foreign affairs for December 01 in a petition seeking inclusion of Surjit Singh alias Makhan Singh, in the list of foreigners languishing in Pakistani jails despite completing their jail t
Published 23 Nov, 2011 12:00am
Action against Haqqani: LHC dismisses petition

Action against Haqqani: LHC dismisses petition

The Lahore High Court (LHC) here Tuesday dismissed a petition seeking action against Pakistani ambassador to United State of America (US) Hussain Haqqani under Article 6. Helms Foundation through its counsel Safdar Shaheen Peerzada submitted that Haqqani
Published 23 Nov, 2011 12:00am
Seminar on Risk Education Delivery held

Seminar on Risk Education Delivery held

SPADO-MAG has arranged a seminar here on Risk Education Delivery with the theme "Protect Yourself, Protect Your Family, Risk Education Delivery to the Conflict Affected Communities in Khyber-Pakhtunkhwa (KPK) and FATA" as to how protect the vulnerable com
Published 23 Nov, 2011 12:00am
Bomb blasts at Saryab road

Bomb blasts at Saryab road

A bomb blast occurred in Saryab area of the provincial capital on Tuesday morning. Police said that unidentified armed persons placed an explosive device outside a shop of a property dealer in Saryab road Mills Colony area which was detonated with remote
Published 23 Nov, 2011 12:00am
26 posts of judges in SHC still vacant

26 posts of judges in SHC still vacant

Only 14 judges are working in the Sindh High Court and 26 posts of judges are still lying vacant as the total sanctioned strength is forty in the High Court according to the constitution.
Published 23 Nov, 2011 12:00am
PSF arranges function to celebrate 'World Science Day'

PSF arranges function to celebrate 'World Science Day'

While deploring lack of political will to increase higher education enrolment in the country, Professor Dr M Masoom Yasinzai, Vice Chancellor (VC), Quaid-e-Azam University (QAU) said that there must be continuity of policies, despite change of governments
Published 23 Nov, 2011 12:00am
Project directors to supervise development schemes

Project directors to supervise development schemes

The Deputy Commissioners (DCs) of all district would work as project directors/ administrators to supervise and complete the development schemes in the districts as per new policy and needs, Business Recorder learnt on Tuesday. According to the sou
Published 23 Nov, 2011 12:00am
Government to provide all-out help to HCCI

Government to provide all-out help to HCCI

Sindh CNG Association organised a reception party at local hotel here. President Hyderabad Chamber of Commerce, Goharullah was presiding while DMD SSGC, Syed Hassan Nawab was the chief guest on the occasion. President HCCI, Goharullah in his address ensur
Published 23 Nov, 2011 12:00am
Protesting traders burn new IT return forms

Protesting traders burn new IT return forms

A large number of traders burnt the new income tax return forms on Tuesday in protest against the new policy of the Federal Board of Revenue (FBR) and vowed not to pay taxes unless the previous mechanism was restored. The angry traders were protesting out
Published 23 Nov, 2011 12:00am
Awareness about diabetes: Airblue launches two-week campaign

Awareness about diabetes: Airblue launches two-week campaign

As part of its CSR initiative, Air Blue has launched a two-week campaign to create awareness about diabetes. Commemorating the World Diabetes Day on 14th November in alliance with Eli Lilly, in the fight against diabetes. Eli Lilli is a multinational phar
Published 23 Nov, 2011 12:00am
KESC energy conservation awareness activity held

KESC energy conservation awareness activity held

Karachi Electric Supply Company (KESC) in line with its ongoing mass awareness drive organised an activity in collaboration with the Aga Khan community at Aga Khan Gymkhana, Football Ground (Garden). The purpose of the fair was to highlight the importance
Published 23 Nov, 2011 12:00am
Gold price recedes to Rs 56, 000 per tola

Gold price recedes to Rs 56, 000 per tola

Gold price on Tuesday declined to Rs 56, 000 per tola by Rs 500 on the local market, traders said. The price of gold per 10 gram also went down to Rs 48, 000 from Rs 48, 428. The price of precious metal also came down to $1696 an ounce from $1705 on the i
Published 23 Nov, 2011 12:00am
Dry weather likely

Dry weather likely

The Met Office on Tuesday forecast foggy conditions are expected to prevail in the plain areas of the country during the morning hours for next few days. It says mainly dry weather is expected in most parts of the country. However isolated light rain may
Published 23 Nov, 2011 12:00am
Farmers advised to irrigate wheat as per need

Farmers advised to irrigate wheat as per need

Farmers are advised to irrigate the just sown wheat crops as per need due to a dry weather is likely to prevail in most parts of the agricultural plains of the country. "Wheat cultivation is mostly completed in the agricultural plains of the country. Norm
Published 23 Nov, 2011 12:00am
LUMHS notification

LUMHS notification

Liaquat University Of Medical & Health Sciences Jamshoro has announced that the letters for admission in MBBS/BDS session 2011-2012 have been issued to the selected candidates according to district-wise merit. The last date for submission of all original
Published 23 Nov, 2011 12:00am