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Nov 14, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-12-01
Yuan falls slightly

Yuan falls slightly

The yuan closed down slightly against the dollar on Wednesday, with demand for the US currency in the late session offsetting a sronger mid-point fixing by the People's Bank of China. The yuan posted a 0.4 percent fall to the dollar during the month of No
Published 01 Dec, 2011 12:00am
Sanchez double as Barca cut Real lead to three

Sanchez double as Barca cut Real lead to three

An Alexis Sanchez brace helped Barcelona to a 4-0 victory over Rayo Vallecano on Tuesday which reduced Real Madrid's lead to three points and showed they will not give up their title without a fight. Barca were given a quick chance to respond to their 1-0
Published 01 Dec, 2011 12:00am
Quaid-i-Azam Trophy Cricket Peshawar in command

Quaid-i-Azam Trophy Cricket Peshawar in command

Peshawar in command against Quetta setting up 239 runs in their first innings total by restricting Quetta to 26 runs for 2 on the opening day of the four-day Quaid-i-Azam Trophy National Cricket Championship (Division-II) which got under way here at Arbab
Published 01 Dec, 2011 12:00am
Jaguars being sold to Pakistan-born businessman

Jaguars being sold to Pakistan-born businessman

Jacksonville Jaguars owner Wayne Weaver said on Tuesday he is selling the National Football League team to Pakistani-born businessman Shahid Khan. Weaver said that he signed the deal on Tuesday morning after running it past NFL commissioner Roger Goodell,
Published 01 Dec, 2011 12:00am
Manchester City and Liverpool reach League Cup semis

Manchester City and Liverpool reach League Cup semis

Manchester City edged past Arsenal and Liverpool beat Chelsea to reach the League Cup semi-finals on Tuesday while Cardiff City also made the last four on an emotional night in south Wales. Premier League leaders City won at Arsenal for the first in 36 ye
Published 01 Dec, 2011 12:00am
FIFA should limit mandates, check up on directors

FIFA should limit mandates, check up on directors

FIFA should limit the mandates of its leading officials and check up regularly to ensure they behave ethically, an independent report said Wednesday. Soccer's governing body was also open to conflicts of interest in its relationship with its 208 member as
Published 01 Dec, 2011 12:00am
Pakistan draw practice match against Germany

Pakistan draw practice match against Germany

Pakistan hockey team scored first against World No 2 Germany in a practice match, which eventually ended in a 1-1 draw, in Auckland (New Zealand) ahead of Champions Trophy, which begins on December 3. Waqas Shareef put Pakistan ahead in the first half. Bu
Published 01 Dec, 2011 12:00am
IBSF World Snooker Asif, Imran record victories

IBSF World Snooker Asif, Imran record victories

Pakistani cueist Muhammad Asif overpowered Michael Wild by 4-2 score in IBSF World Snooker Championship underway in Bangalore on Wednesday. Recovering from 1/2 down at one spot, Asif bounced back strongly in the match to eventually record a convincing 91-
Published 01 Dec, 2011 12:00am
Phelps predicts records will tumble in new swimsuit

Phelps predicts records will tumble in new swimsuit

The bodysuit war that reduced the 2009 swimming world championships to farce and effectively turned the sport into a battle of technology could erupt again on Wednesday when Michael Phelps takes to the catwalk to launch a new outfit for next year's London
Published 01 Dec, 2011 12:00am
Team aims for regional glory: Jaffar Khan

Team aims for regional glory: Jaffar Khan

Pakistan captain Jaffar Khan Wednesday said his team aims to win matches on the field and hearts off it during their tour of India for the regional championship. "We are going to try to win the championship no matter how tough our matches are," said Khan.
Published 01 Dec, 2011 12:00am
SAFF Football Championship: Pakistan team leaves for New Delhi

SAFF Football Championship: Pakistan team leaves for New Delhi

Pakistan football team has on Wednesday left here for New Delhi to take part in SAFF Football Championship-2011, being held in Jawaharlal Nehru Football Stadium, New Delhi from December 2 to 11, 2011. The officials of Pakistan Football Federation (PFF) ga
Published 01 Dec, 2011 12:00am
Clarke hints at playing spinner Lyon

Clarke hints at playing spinner Lyon

Skipper Michael Clarke hinted Wednesday he is likely to play spinner Nathan Lyon and leave out one of Australia's three fast bowling newcomers against New Zealand at the Gabba. Clarke, lining for his seventh Test as captain and first at home on Thursday,
Published 01 Dec, 2011 12:00am
Confident Kiwis eye rare win over Aussies

Confident Kiwis eye rare win over Aussies

Captain Ross Taylor said Wednesday that New Zealand were confident of winning their first Test in Australia for 26 years against a weakened bowling attack at the Gabba this week. The Black Caps, ranked a lowly eighth and winners of only three of their pas
Published 01 Dec, 2011 12:00am
Belarus court sentences 'metro bombers' to death

Belarus court sentences 'metro bombers' to death

The top court of Belarus on Wednesday ordered the execution by shooting of two childhood friends convicted over a Minsk metro bombing that killed 15 people in the country's worst post-Soviet attack. The April 11 blast struck the city's busiest metro stati
Published 01 Dec, 2011 12:00am
Lebanese Prime Minister funds Hariri court, ending crisis

Lebanese Prime Minister funds Hariri court, ending crisis

Lebanon has paid its share for a UN-backed court investigating the killing of statesman Rafik al-Hariri, Prime Minister Najib Mikati said on Wednesday, resolving months of political wrangling that threatened to bring down the government.
Published 01 Dec, 2011 12:00am
Australia backs security pact with US, India

Australia backs security pact with US, India

Australia's foreign minister on Wednesday backed the formation of a security pact with India and the United States, a tie-up that could fuel China's worries of being fenced in by wary neighbours. It is the latest move by Australia to take a bigger role in
Published 01 Dec, 2011 12:00am
North Korea claims progress in uranium enrichment

North Korea claims progress in uranium enrichment

North Korea said Wednesday it is making rapid progress on work to enrich uranium and build a light-water nuclear power plant, increasing worries that the country is developing another way to make atomic weapons. Pyongyang's Foreign Ministry said construct
Published 01 Dec, 2011 12:00am
Israel to resume fund transfers to Palestinians

Israel to resume fund transfers to Palestinians

Israel said Wednesday it will resume sending millions of dollars in customs duties to the Palestinian Authority, nearly a month after it froze transfers over the Palestinians' admission to UNESCO. "Prime Minister Benjamin Netanyahu approved the renewal of
Published 01 Dec, 2011 12:00am
OIC wants Syria crisis resolved by Muslims

OIC wants Syria crisis resolved by Muslims

The head of the Organisation of the Islamic Co-operation (OIC) said on Wednesday the world's largest Islamic body will try to resolve the political crisis in Syria internally and oppose moves to take the issue to the international community.
Published 01 Dec, 2011 12:00am
Kuwait's ruler appoints new Prime Minister

Kuwait's ruler appoints new Prime Minister

Kuwait's emir named outgoing Defence Minister Sheikh Jaber al-Mubarak al-Sabah as new prime minister on Wednesday, after the resignation of the government during the oil state's deepest political crisis in years. The emir, Sheikh Sabah al-Ahmad al-Sabah,
Published 01 Dec, 2011 12:00am
Germany okays subsidised submarine sale to Israel

Germany okays subsidised submarine sale to Israel

A senior German official says the government has approved the subsidised sale of another Dolphin-type military submarine to Israel. The official says Germany has set aside ¤135 million ($180 million) in next year's budget to pay for about a third of its c
Published 01 Dec, 2011 12:00am
Suu Kyi says she will run in by-elections

Suu Kyi says she will run in by-elections

Myanmar opposition leader Aung San Suu Kyi says she will run in upcoming by-elections and is confident that democracy will come to the military-dominated county. Suu Kyi was speaking Wednesday by webcast to the Council of Foreign Relations in Washington,
Published 01 Dec, 2011 12:00am
Clinton on historic Myanmar visit

Clinton on historic Myanmar visit

Secretary of State Hillary Clinton arrived in Myanmar Wednesday on the first top-level US visit for half a century, seeking to encourage a "movement for change" in the military-dominated nation. Clinton and her entourage flew into a little-used airport in
Published 01 Dec, 2011 12:00am
Four Somali soldiers killed

Four Somali soldiers killed

A suicide bomber dressed in a military uniform triggered his explosives at Somalia's army headquarters on Wednesday, killing four soldiers, officials said. General Abdikarim Yusuf Dhagabadan, the chief of Somalia's armed forces, said he believed the bombe
Published 01 Dec, 2011 12:00am
Thousands rally in Yemen for renewed independence

Thousands rally in Yemen for renewed independence

Thousands of Yemenis rallied in the main southern city of Aden on Wednesday to call for secession from the north as they commemorated the day the formerly independent south won freedom from Britain. "The people want to liberate the south," the protesters
Published 01 Dec, 2011 12:00am
Gbagbo faces charges of crimes against humanity: ICC

Gbagbo faces charges of crimes against humanity: ICC

Ivory Coast's former president Laurent Gbagbo will appear before the International Criminal Court in The Hague within days to face charges of crimes against humanity, the first former head of state to be tried by the ICC since its inception in 2002. Gbagb
Published 01 Dec, 2011 12:00am
US pullout brings new phase with Iraq: Biden

US pullout brings new phase with Iraq: Biden

US Vice President Joe Biden said on Wednesday the US troop withdrawal from Iraq by the end of the year opened a new phase in relations between the two countries, including a robust security partnership. The remaining 13,000 US troops in Iraq are scheduled
Published 01 Dec, 2011 12:00am
New York cotton lower, down almost 10 percent in November

New York cotton lower, down almost 10 percent in November

Cotton futures settled easier Wednesday on investor sales as the long-running economic crisis took its toll on fibre demand as cotton contracts lost almost 10 percent of its value in the month of November, analysts said. The key March cotton futures fell
Published 01 Dec, 2011 12:00am
US copper steadies

US copper steadies

Copper steadied on Tuesday, finding support from improved US consumer confidence and robust retail sales, but persistent concerns about Europe's ability to resolve its debt crisis prevented further gains. In the US, benchmark December copper futures finis
Published 01 Dec, 2011 12:00am
Shanghai copper slips

Shanghai copper slips

The most briskly traded February copper contract on the Shanghai Futures Exchange slipped 1.6 percent to close at 54,560 yuan a tonne on Wednesday. Copper slid as a concrete solution to Europe's debt struggle remained elusive with a European Central Bank
Published 01 Dec, 2011 12:00am
Copper rises over five percent

Copper rises over five percent

Copper rose more than five percent to a two-week high on Wednesday after central banks around the world announced co-ordinated global action to provide liquidity to the financial system. Other base metals also rose significantly as the liquidity boost pro
Published 01 Dec, 2011 12:00am
Brent crude falls

Brent crude falls

Brent crude futures fell on Wednesday as an unexpected rise in US oil inventories stemmed an early rally ignited by the top central banks' joint invention to avoid a global liquidity crunch. By 2:50 pm EST (1950) ICE January Brent crude traded in London w
Published 01 Dec, 2011 12:00am
Tokyo, Shanghai rubber decline

Tokyo, Shanghai rubber decline

Tokyo rubber futures dropped 1.5 percent on Wednesday on profit-taking, but firm oil prices were likely to stem any steep declines, dealers said. TOCOM prices were expected to move in the narrow range with the 260 yen level seen as a strong support, whil
Published 01 Dec, 2011 12:00am
Palm oil falls

Palm oil falls

Malaysian palm oil futures fell on Wednesday as eurozone caution and thin trading volumes overshadowed prospects of lower production aggravated by erratic weather. Investor caution grew over the chance for more progress in resolving lingering eurozone de
Published 01 Dec, 2011 12:00am
US wheat, corn climb

US wheat, corn climb

US wheat prices jumped 3.4 percent on Tuesday, their biggest daily rise in a month, as a weaker dollar coupled with strength in crude oil and US equity markets sparked a short-covering rally. Corn rose 1 percent. Soyabeans closed firm but ended below the
Published 01 Dec, 2011 12:00am
ICE coffee jumps four percent

ICE coffee jumps four percent

Arabica coffee jumped over 4 percent higher on Wednesday, as top grower Brazil's crop prospects deteriorated and the US dollar tumbled, while Liffe cocoa settled at a three-year low. Sugar futures reversed earlier losses, as investor sentiment was boosted
Published 01 Dec, 2011 12:00am
Gold soars in Asia

Gold soars in Asia

Spot gold rose more than half a percent in thin trade on Wednesday, on course for a third consecutive session of gains, as investors continue to watch eurozone nations struggle to contain the region's two-year-old debt crisis. Spot gold rose as much as 0.
Published 01 Dec, 2011 12:00am
US gold remains up

US gold remains up

Gold rose for a second consecutive session on Tuesday, extending the previous day's rally, as strong physical demand and a weaker dollar amid economic optimism lifted the precious metal. Spot gold was up 0.5 percent at $1,719.10 an ounce by 3:00 pm EST (2
Published 01 Dec, 2011 12:00am
Gold rises to two-week high in London

Gold rises to two-week high in London

Gold rose to the highest in almost two weeks on Wednesday after top central banks announced a co-ordinated move to avoid a global liquidity crunch, and the dollar fell. Centrals banks from the world's leading economies, including the US Federal Reserve an
Published 01 Dec, 2011 12:00am
US MIDDAY: grains stay up

US MIDDAY: grains stay up

US grains rose for a third straight day early on Wednesday, after a plan by major central banks to inject liquidity into the financial system whetted investor appetite for risk. The move, which should allow European banks to borrow US dollars on easier te
Published 01 Dec, 2011 12:00am
US MIDDAY: gold up 1.7 percent

US MIDDAY: gold up 1.7 percent

Gold rose nearly 2 percent on Wednesday, on track for its biggest three-day rally in more than a month, as a move by major central banks to add liquidity to global markets boosted bullion's inflation-hedge appeal. Bullion was swept higher on a wave of eco
Published 01 Dec, 2011 12:00am
Kundi calls on Elahi

Kundi calls on Elahi

Deputy Speaker National Assembly Faisal Karim Kundi on Wednesday met with Federal Minister for Industries Chaudhry Pervaiz Elahi and exchanged views on challenges being face by the country. The situation arising out after the Nato's attack on security che
Published 01 Dec, 2011 12:00am
Standard Chartered Bank Pakistan (Limited) SCBPL

Standard Chartered Bank Pakistan (Limited) SCBPL

Having a total asset base of Rs 354 billion as of September 30, 2011, Standard Chartered Bank Pakistan (SCBPL) is the second largest mid-sized bank after Bank Alfalah, in Pakistan. The bank is one of the most profitable financial intermediaries in the cou
Published 01 Dec, 2011 12:00am
Standard Chartered Bank Pakistan (Limited) SCBPL

Standard Chartered Bank Pakistan (Limited) SCBPL

Having a total asset base of Rs 354 billion as of September 30, 2011, Standard Chartered Bank Pakistan (SCBPL) is the second largest mid-sized bank after Bank Alfalah, in Pakistan. The bank is one of the most profitable financial intermediaries in the cou
Published 01 Dec, 2011 12:00am
Kinnow exports may fetch $200 million

Kinnow exports may fetch $200 million

Kinnow exports are destined to fetch $200 million this year as exports are expected to surpass previous year's target, the reason being that commercial prices seem to be a bit on the average side, according to Ahmad Jawad, CEO of Harvest Trading. However,
Published 01 Dec, 2011 12:00am
Mobilink reaches out to needy students

Mobilink reaches out to needy students

Mobilink Foundation Torchbearers reached out to students at the Pehli Kiran School System through the JAQ Educational Trust, donating art supplies and story books, as well as recycled skins for the insulation of eight (8) schools. Torchbearers spent three
Published 01 Dec, 2011 12:00am
LPG international price up by $13 per ton

LPG international price up by $13 per ton

The international price (Saudi Armco Contract Price) of liquefied petroleum gas (LPG) has jumped by $13 to $805 per ton for December 2011, raising its import price by Rs 1,144 to Rs 98,000 per ton in the country. This was stated by the chairman of FPCCI s
Published 01 Dec, 2011 12:00am
Indonesian team visits UAF

Indonesian team visits UAF

Bogor University, Indonesia, and University of Agriculture, Faisalabad, have agreed to enhance their collaboration in agriculture and education in a bid to boosting up the sector. In this connection, Indonesian four-member delegation visited the UAF and c
Published 01 Dec, 2011 12:00am
NAB to observe anti-corruption day on December 9

NAB to observe anti-corruption day on December 9

National Accountability Bureau (NAB) Sindh will observe International Anti-Corruption Day in a befitting manner on December 9. The event is observed on this day across the world as declared by the United Nations to create awareness among various segments
Published 01 Dec, 2011 12:00am
Demand to provide security to Balochistan journalists

Demand to provide security to Balochistan journalists

The cabinet of Wadh Press Club has demanded of the government to provide security and protection to life and property of journalists in Balochistan. According to a statement issued here on Wednesday, a meeting of Wadh Press Club held which reviews threats
Published 01 Dec, 2011 12:00am
60th anniversary of Pak-Japan ties next year

60th anniversary of Pak-Japan ties next year

Japan and Pakistan have enjoyed extremely close ties for more than half a century and they continue to grow stronger. This was stated by Japanese Consul General Masaharu Sato at a reception hosted by him at his residence to celebrate the 78th birthday of
Published 01 Dec, 2011 12:00am
LCCI new building: inauguration ceremony postponed

LCCI new building: inauguration ceremony postponed

Inaugural ceremony of new building of Lasbela Chamber of Commerce and Industry (LCCI) has been postponed due to busy schedule of Prime Minister Syed Yousuf Raza Gilani in Karachi. The prime minister was scheduled to inaugurate LCCI new building on Thursda
Published 01 Dec, 2011 12:00am
Railways employees stage protest demonstration

Railways employees stage protest demonstration

Pakistan Rail-ways Employees on Wednesday staged a protest demonstration against the suspension of power and water supply, and stopped Awam Express bound from Peshawar to Karachi in protest at cantonment railway station. The protesting employees led by pr
Published 01 Dec, 2011 12:00am
Pacra awards AA rating to IGI Insurance

Pacra awards AA rating to IGI Insurance

Pakistan Credit Rating Agency (Pacra) has maintained the Insurer Financial Strength (IFS) rating of IGI Insurance Limited at "AA" (Double A). IGI Insurance Limited, one of Pakistan's leading insurer has been rated "AA" by Pacra for the 12th consecutive ye
Published 01 Dec, 2011 12:00am
Pacra awards AA rating to IGI Insurance

Pacra awards AA rating to IGI Insurance

Pakistan Credit Rating Agency (Pacra) has maintained the Insurer Financial Strength (IFS) rating of IGI Insurance Limited at "AA" (Double A). IGI Insurance Limited, one of Pakistan's leading insurer has been rated "AA" by Pacra for the 12th consecutive ye
Published 01 Dec, 2011 12:00am
Transworld Data Centre inaugurated

Transworld Data Centre inaugurated

Transworld, country's first private submarine fiber optic cable operator, has announced the launch of its state-of-the-art, commercial Data Centre in Pakistan, through its corporate arm TES. The launch ceremony, conducted at Transworld's Landing Station i
Published 01 Dec, 2011 12:00am
World Aids Day today

World Aids Day today

Over forty people in Sindh including men, women and children died of HIV/AIDS during the last 11 months, January to November 2011, Business Recorder learnt on Wednesday. World AIDS Day is being observed on Thursday (today). According to a report co
Published 01 Dec, 2011 12:00am
80 prisoners tested HIV/AIDS positive in Karachi jails

80 prisoners tested HIV/AIDS positive in Karachi jails

Some eighty prisoners of jails in Karachi have been tested HIV/AIDS positive in special screening campaign launched by Sindh Aids Control programme (SACP), learned Business Recorder on Wednesday. SACP had started screening of prisoners following to
Published 01 Dec, 2011 12:00am
Huntsman establishes 13th FDC

Huntsman establishes 13th FDC

Huntsman Textile Effects (TE), a prominent name in international textile sector, in collaboration with Swisstex Chemicals, launched its new Formulation and Distribution Centre (FDC) in Karachi, the economical hub of Pakistan. It was the first state of art
Published 01 Dec, 2011 12:00am
Chances of light rain in Karachi

Chances of light rain in Karachi

Partly cloudy weather has been forecast for Karachi with chances of light rain/drizzle in the next 24 hours. "Yesterday's deep depression over East Central Arabian Sea and adjoining areas now lies over the West Central Arabian Sea, is moving north-westwar
Published 01 Dec, 2011 12:00am
Two target killers among 10 suspects held

Two target killers among 10 suspects held

Law Enforcement Agencies (LEAs) on Wednesday claimed to have nabbed 10 more suspects including two target killers and recovered weapons in separate raids at various parts of the metropolis. According to police, the Special Investigation Unit (SIU) of Crim
Published 01 Dec, 2011 12:00am
NIB Bank, ZRG sign agreement

NIB Bank, ZRG sign agreement

In order to handle the proper logging and documentation of outbound calls related to collection and recovery, NIB Bank has acquired professional IT services for a collection call recording platform from ZRG International. Through an innovative call loggin
Published 01 Dec, 2011 12:00am
Prime Minister visits PTCL stall at UAE Expo 2011

Prime Minister visits PTCL stall at UAE Expo 2011

Prime Minister Syed Yousuf Raza Gilani participating in a teleconference demonstration, accompanied by Governor Sindh, Dr Ishrat-ul-Ibad, at an exhibition stall set up by Pakistan Telecommunications Company Ltd (PTCL) during the inauguration of the first
Published 01 Dec, 2011 12:00am
Ahmed Khizer new president Burj Bank

Ahmed Khizer new president Burj Bank

Ahmed Khizer Khan has joined Burj Bank as the President and CEO. His last assignment was as Chief Operating Officer of ICD (Islamic Corporation for Development of the Private Sector), Jeddah. ICD is one of the two main sponsors of Burj Bank and is a group
Published 01 Dec, 2011 12:00am
Ministry asked not to reopen issues settled in 7th NFC award

Ministry asked not to reopen issues settled in 7th NFC award

The Federal Finance Ministry is trying to reopen the issue of collection of sales tax on services, which was settled in the 7th NFC award. This was stated by Dr Kaiser Bengali, Sindh's member in National Finance Commission (NFC), while addressing a press
Published 01 Dec, 2011 12:00am
Argentina to enhance cooperation in food engineering

Argentina to enhance cooperation in food engineering

Argentina and Pakistan would enhance co-operation in developing state-of-the-art slaughterhouses, milk and meat processing and food engineering technologies. This was stated by Ambassador Argentina Rodolfo J Martin-Saravia who was flanked by Deputy Head o
Published 01 Dec, 2011 12:00am
Bangladesh keen to promote trade with Pakistan

Bangladesh keen to promote trade with Pakistan

Bangladesh High Commissioner to Pakistan Suhrab Hossain has said Bangladesh making strenuous efforts for strengthening and promoting trade with Pakistan. Addressing the members of Sialkot Chamber of Commerce and Industry (SCCI) on Wednesday he said that t
Published 01 Dec, 2011 12:00am
Okara Chamber condemns Nato strikes

Okara Chamber condemns Nato strikes

The Okara Chamber of Commerce and Industry (OCCI) has asked the government to shake off all its responsibilities in the so-called war against terrorism and withdraw all facilities given to the US pretentious stand as World's god-father. The OCCI's meeting
Published 01 Dec, 2011 12:00am
Shamsi airbase: Mukhtar reiterates government's commitment

Shamsi airbase: Mukhtar reiterates government's commitment

Defence Minister Ahmed Mukhtar reiterated the government's commitment that US administration would not be permitted to use Pakistan's Shamsi airbase after December 11. Speaking to media on Wednesday, Defence Minister said that country's defence is in safe
Published 01 Dec, 2011 12:00am
'Modern transport network to be extended'

'Modern transport network to be extended'

Punjab Chief Minister Muhammad Shahbaz Sharif travelled as an ordinary commuter without any security or protocol in the newly launched urban transport bus in the provincial metropolis here on Wednesday. The other passengers of the bus were pleasantly surp
Published 01 Dec, 2011 12:00am
Prime Minister to discuss challenging situation with PPP Punjab

Prime Minister to discuss challenging situation with PPP Punjab

Pakistan Peoples Party (PPP) Punjab is set to meet with Prime Minister in the chair to discuss challenging situation arising out of popularity of Pakistan Tehreek-e-Insaf (PTI) in the country. Party sources said the PPP Punjab leadership had discussed bri
Published 01 Dec, 2011 12:00am
LCCI for equal treatment on MFN

LCCI for equal treatment on MFN

While condemning Nato attack on Pak forces and calling for starting work on Iran-Pakistan gas pipeline, the Lahore Chamber of Commerce and Industry (LCCI) on Wednesday made it clear on the visiting USAID team to ensure equal treatment to Pakistan in MFN s
Published 01 Dec, 2011 12:00am
Nato air strikes: LBA allowed to take out protest rally at Mall

Nato air strikes: LBA allowed to take out protest rally at Mall

The Lahore High Court (LHC) here on Wednesday allowed Lahore Bar Association (LBA) to take out a protest rally at the Mall against Nato air strikes on Pakistan army posts. The court allowing the bar members to take out protest rally issued notice to Distr
Published 01 Dec, 2011 12:00am
Government will never compromise on national prestige: Dr Firdous

Government will never compromise on national prestige: Dr Firdous

Information Minister Dr Firdous Ashiq Awan said the government was considering re-engagement strategy in the light of the decisions of the Defence Cabinet Committee (DCC) by taking all political parties on board. "The Federal Cabinet's decision not to par
Published 01 Dec, 2011 12:00am
Defective income tax return

Defective income tax return

The FBR is busy in extending the date of filing of income tax return for the tax year 2011, but totally failed to address the weaknesses and errors in the said income tax return displayed on the FBR website.
Published 01 Dec, 2011 12:00am
DR Congo elections edge closer to chaos

DR Congo elections edge closer to chaos

Voting in parts of the Democratic Republic of the Congo extended into a third day on Wednesday, after logistical problems prevented many voters from casting their ballots on election day, two days earlier. Some opposition leaders are already calling the e
Published 01 Dec, 2011 12:00am
The role of benevolence in leadership

The role of benevolence in leadership

"You mean we praise and remember only those leaders who are benevolent?" She asked. "Yes, benevolence is an important element of leadership." He told her. "I don't agree, the great Mughal Emperor Akbar was not a benevolent person per se, yet he is conside
Published 01 Dec, 2011 12:00am
VIEW POINT: The collapsing Pak-US 'partnership'

VIEW POINT: The collapsing Pak-US 'partnership'

It is more than obvious that the American attack on two Pakistani posts that killed 24 Pakistani soldiers, including a major and a captain, was intentional not accidental, as some of America's local apologists/collaborators have been trying to argue.
Published 01 Dec, 2011 12:00am
Premeditated violence in Karachi

Premeditated violence in Karachi

Muharram could not have started on a worse note than the way it did with the killing, on the very first day, in Karachi of two scouts doing their duty at a 'Sabeel' set up by the Imamia Students Organisation.
Published 01 Dec, 2011 12:00am
Nuclear option isn't gossip stuff

Nuclear option isn't gossip stuff

Political contention in Israel remains as boisterous as in Pakistan, if occasionally not more, but what differentiates it from us is its politicians' meticulous circumspection to ensure that their country's nuclear programme remains beyond public discours
Published 01 Dec, 2011 12:00am
Mobilink concludes Pakistan's first online art competition

Mobilink concludes Pakistan's first online art competition

Mobilink has concluded the first Artpad competition, with Muhammad Osama of Karachi winning this first-of-its-kind digital media initiative, which challenged the artistic skills and creativity of Pakistan's online community.
Published 01 Dec, 2011 12:00am
Tetra Laval one of world's most innovative firm

Tetra Laval one of world's most innovative firm

Tetra Laval, Tetra Pak's parent company, has been named as one of the world's 100 most innovative companies in Thomson Reuters' list of Top 100 Global Innovators. The recently launched programme honours companies and institutions that lead the world in in
Published 01 Dec, 2011 12:00am
Political parties to get equal opportunities in Fata: Kausar

Political parties to get equal opportunities in Fata: Kausar

Governor, Khyber Pakhtunkhwa Barrister Masood Kausar said political parties would be provided equal opportunities to promote their political activities in a peaceful and cordial environment. He was addressing a tribal Jirga comprising people from differen
Published 01 Dec, 2011 12:00am
Middle class drives political, social and cultural change

Middle class drives political, social and cultural change

Deputy Chairman Planning Commission of Pakistan Dr Nadeem-ul-Haque said that middle class drives political, social and cultural change in any country. He said this while addressing a seminar on "Business and the Middle Class in Pakistan", organised by the
Published 01 Dec, 2011 12:00am
Bus passengers looted in Osta Muhammad

Bus passengers looted in Osta Muhammad

Unidentified bandits have looted bus passengers at gunpoint in Osta Muhammad. Police said on Wednesday that unidentified armed men intercepted a passenger coach in Osta Muhammad and deprived the commuters of cash and other valuables. Later, they managed t
Published 01 Dec, 2011 12:00am
Naek urges closer ties between parliaments

Naek urges closer ties between parliaments

Senate Chairman Farooq Naek, who is leading Pakistan's delegation to the joint hearing with the Inter-Parliamentary Union (IPU) and the UN General Assembly, spent a busy day meeting chief delegates of Benin, Trinidad Tobago and Zimbabwe. During the meetin
Published 01 Dec, 2011 12:00am
Azme Alishan launches new online pledge

Azme Alishan launches new online pledge

Azme Alishan, the nation's newest and fastest growing social movement, has launched a new online pledge calling on Pakistanis everywhere to sign up as ambassadors for the 'real Pakistan' to counter some of the negative perceptions of the country at home a
Published 01 Dec, 2011 12:00am
Asfandyar elected president ANP

Asfandyar elected president ANP

The Central Council of Awami National Party (ANP) has elected Asfandyar Wali Khan as president of the party for another term. Speaking on the occasion, the Central president, ANP Asfandyar Wali Khan has said that establishment of peace was ANP next goal a
Published 01 Dec, 2011 12:00am
Violence against women: SAP-PK arranges media briefing

Violence against women: SAP-PK arranges media briefing

South Asia Partnership Pakistan (SAP-PK), one of the leading civil society organisation in Pakistan, fighting and raising voice to eliminate violence against women in Pakistan. SAP-PK has organised a media briefing at a local hotel. In media briefing it w
Published 01 Dec, 2011 12:00am
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