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Nov 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-01-20
'Only courts can save Pakistan'

'Only courts can save Pakistan'

Chief Editor daily Nawa-i-Waqt Majid Nizami has said that only courts could save Pakistan. He also said that Jihad was a must for the freedom of Kashmir. India wanted to convert Pakistan to a desert due to its water aggression, and its activity could only
Published 20 Jan, 2012 12:00am
SHC orders status quo in KESC petition

SHC orders status quo in KESC petition

A division bench of Sindh High Court (SHC) on Thursday has ordered status quo in a petition filed by Karachi Electric Supply Corporation (KESC) against existence of National Industrial Relations Commission (NIRC). The bench comprising Justice Sajjad Ali S
Published 20 Jan, 2012 12:00am
Pakistan, India urged to cooperate in field of science

Pakistan, India urged to cooperate in field of science

Pakistan and India should iron out their differences and cooperate in various fields especially science and technology in order to learn from each other's experiences, said President Indian National Science Academy, Dr Krishan Lal. Addressing a gathering
Published 20 Jan, 2012 12:00am
Chairman of Al Baraka Bank visits Pakistan

Chairman of Al Baraka Bank visits Pakistan

Adnan Ahmed Yousif, President and Chief Executive of the Al Baraka Banking Group (ABG) Bahrain, is on a 2-day visit to Pakistan. During his stay in Karachi he will chair the 7th Board meeting of Al Baraka Bank (Pakistan) Limited (ABPL) and will call upon
Published 20 Jan, 2012 12:00am
Italian kidnapped in Multan

Italian kidnapped in Multan

An Italian was kidnapped in Punjab on Thursday, the foreign ministry in Rome said, without giving further details on the person's identity. "(The foreign ministry) confirms the abduction today of an Italian citizen in Multan, in the south of Punjab provin
Published 20 Jan, 2012 12:00am
GSP plus status may result 20 percent raise in exports

GSP plus status may result 20 percent raise in exports

GSP plus status by the European Union for Pakistani textile exports is expected in February next resultantly volume of textile exports to Europe could increase 20 percent. Indian and Bangladeshi objections have been removed in this regard and the objectio
Published 20 Jan, 2012 12:00am
Former IMF chief economist dies

Former IMF chief economist dies

Michael Mussa, chief IMF economist from 1991-2001 and an advisor to US president Ronald Reagan in the 1980s, has died of a heart attack at age 67, according to the institute where he worked. Mussa served at the International Monetary Fund during the Russi
Published 20 Jan, 2012 12:00am
General Motors retakes title of top-selling global automaker

General Motors retakes title of top-selling global automaker

General Motors sold just over 9 million cars and trucks world-wide last year to reclaim the title of the world's top-selling automaker. The company says it sold 9.03 million vehicles last year, up 7.6 percent from 2010. That beat Toyota, which took the cr
Published 20 Jan, 2012 12:00am
Earthquake hits northeast Iran, 100 injured

Earthquake hits northeast Iran, 100 injured

About 100 people were injured when an earthquake measuring 5.5 on the Richter scale hit north-eastern Iran on Thursday, state television reported. The epicentre of the quake, which struck at 4:05 pm, was 10 km (6 miles) outside the city of Neyshabur, some
Published 20 Jan, 2012 12:00am
Perry ends presidential run

Perry ends presidential run

Texas Governor Rick Perry dropped out of the race for the 2012 Republican US presidential nomination on Thursday after a series of gaffes and controversies undercut the campaign of the one-time frontrunner. He endorsed former rival Newt Gingrich.
Published 20 Jan, 2012 12:00am
Santorum, not Romney, declared winner in Iowa

Santorum, not Romney, declared winner in Iowa

The Republican Party on Thursday declared Rick Santorum the winner of the Iowa caucuses, upending frontrunner Mitt Romney who was originally shown to have won the first-in-the-US presidential nomination vote two weeks ago. A certified vote count showed Sa
Published 20 Jan, 2012 12:00am
Syria killings persist as Arab monitors' mandate expires

Syria killings persist as Arab monitors' mandate expires

Syrian forces have retreated from a rebel-held town under a local cease-fire, residents said on Thursday, but deadly violence raged on elsewhere as a month-long mandate for Arab peace monitors in Syria was expiring. Twenty people, including two army offic
Published 20 Jan, 2012 12:00am
Top US military chief makes first official visit to Israel

Top US military chief makes first official visit to Israel

Top US military chief General Martin Dempsey arrives in Israel late on Thursday evening for talks with Israel's political and military leaders that are expected to focus on Iran's nuclear programme. Dempsey's trip will be his first to Israel since becomin
Published 20 Jan, 2012 12:00am
Obama orders streamlining of foreign tourist visas

Obama orders streamlining of foreign tourist visas

President Barack Obama on Thursday ordered the streamlining of applications for foreign tourist visas, focused heavily on increasingly affluent Chinese and Brazilian visitors, in an effort to boost US tourism and create jobs. The package of mostly modest
Published 20 Jan, 2012 12:00am
Thailand recognises Palestinian state

Thailand recognises Palestinian state

The Palestinian foreign ministry said on Thursday it had received a letter from the Thai government formally recognising a Palestinian state on the 1967 lines. A ministry official told AFP the Palestinian delegation at the United Nations received a formal
Published 20 Jan, 2012 12:00am
US navy rescues Iranian fishermen from sinking boat

US navy rescues Iranian fishermen from sinking boat

The US Navy announced Wednesday it led a rescue operation to assist the crew of an Iranian fishing vessel in distress in the Gulf of Oman, the third in 10 days in an area marked by tension between Washington and Tehran. A Seahawk helicopter from the guide
Published 20 Jan, 2012 12:00am
Yemen amends immunity law, Saleh still protected

Yemen amends immunity law, Saleh still protected

A Yemeni draft law granting immunity to the outgoing president, Ali Abdullah Saleh, from prosecution over the killing of protesters was amended on Thursday to limit the protection his aides would enjoy, a minister said. The draft law, which has been heavi
Published 20 Jan, 2012 12:00am
Britain used fake rock to spy on Russia, former-official admits

Britain used fake rock to spy on Russia, former-official admits

A former British official has admitted for the first time that Britain was responsible for a James Bond-style spy plot involving a fake rock in Moscow that contained electronic equipment. Russia accused British diplomats six years ago of using the bizarre
Published 20 Jan, 2012 12:00am
Suicide attack kills seven at Kandahar airport

Suicide attack kills seven at Kandahar airport

A suicide bomber killed at least seven people and wounded eight Thursday in an attack at Kandahar international airport in war-torn southern Afghanistan, officials said. Women and children were among the casualties and pools of blood and body parts were s
Published 20 Jan, 2012 12:00am
Thousands protest Turkish verdict over journalist murder

Thousands protest Turkish verdict over journalist murder

Thousands of people gathered in Istanbul Thursday to pay tribute to ethnic Armenian journalist Hrant Dink and to protest a court ruling that his murder was not planned as part of a wider conspiracy. "Murderer state will account for this," and "Shoulder to
Published 20 Jan, 2012 12:00am
Merkel praises Abbas for easing pressure on Palestinian statehood

Merkel praises Abbas for easing pressure on Palestinian statehood

German Chancellor Angela Merkel praised Palestinian President Mahmoud Abbas on Wednesday in Berlin for easing off pressure on major nations to recognise Palestine as a state. Germany, which opposes statehood without Israeli consent, has quarrelled with EU
Published 20 Jan, 2012 12:00am
New York cotton settles higher

New York cotton settles higher

Cotton futures settled slightly firmer on Thursday on investor buying as the market appears to be consolidating ahead of a government sales report on Friday, analysts said. Benchmark March cotton futures rose 0.64 cent to end at 98.17 cents per lb, moving
Published 20 Jan, 2012 12:00am
Shanghai copper gains

Shanghai copper gains

The most-traded April copper contract on the Shanghai Futures Exchange gained 1.9 percent to 60,560 yuan ($9,600) a tonne on Thursday. China's exchanges will be closed next week for the Lunar New Year holidays. "The positive sentiments are back in the mar
Published 20 Jan, 2012 12:00am
Copper hits four-month high

Copper hits four-month high

Copper rose to a four-month high on Thursday as strong demand at European bond auctions lessened euro zone debt concerns and as US data boosted prospects for improved metals demand. Benchmark copper on the London Metal Exchange (LME) was bid up more than
Published 20 Jan, 2012 12:00am
Oil falls on weak demand, technicals

Oil falls on weak demand, technicals

Crude oil futures fell on Thursday, pressured by continuing weak demand and technical resistance after gains that came on easing euro zone worries and supply disruptions worries. The US Energy Information Administration said domestic crude stocks fell 3.4
Published 20 Jan, 2012 12:00am
Tokyo rubber climbs

Tokyo rubber climbs

Tokyo rubber futures extended gains on Thursday and rallied to their highest in more than two months at above 300 yen on gains in equities and oil, tight supplies in Southeast Asia as well as a plan by Thailand to shore up domestic prices. Thailand's Nati
Published 20 Jan, 2012 12:00am
US corn and wheat drop

US corn and wheat drop

US corn and wheat futures fell to their lowest level in nearly a month on Wednesday in anticipation of much-needed rain during the weekend providing relief to parched crops in Argentina. The weather-related weakness in corn spilled over to wheat, which al
Published 20 Jan, 2012 12:00am
Sugar at two-month top

Sugar at two-month top

Raw and white sugar futures surged to their loftiest close in two months Thursday on financial market hopes Greece will reach an agreement with its creditors, which knocked the dollar down against the euro. Cocoa also jumped on worries about West African
Published 20 Jan, 2012 12:00am
Gold move up in Asia

Gold move up in Asia

Spot gold edged higher on Thursday, on course for a fourth session of gains, supported by hopes of increased funding from the International Monetary Fund to help tackle the euro zone debt crisis. Spot gold inched up 0.3 percent to $1,663.99 an ounce by 06
Published 20 Jan, 2012 12:00am
Gold retreats

Gold retreats

Gold edged lower on Thursday as the euro's retreat from highs in the wake of US economic data prompted some buyers to cash in gains in the precious metal after a three-day run higher took prices to their strongest since mid-December. Spot gold was down 0.
Published 20 Jan, 2012 12:00am
Grains rise

Grains rise

US soyabean futures rose on Thursday on signs of renewed demand from top buyer China as well as a weakening dollar, traders said. Corn and wheat futures rose from near one-month lows on a round of bargain buying and hopes for improved export interest as s
Published 20 Jan, 2012 12:00am
Copper surges

Copper surges

Copper extended gains into a fourth day on Thursday as eurozone debt jitters eased and demand prospects from two of the world's largest buyers improved, helping propel prices to their highest in four months. In New York, the active March COMEX contract ta
Published 20 Jan, 2012 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold fell early on Thursday, breaking ranks with the euro and equities as tame US inflation data prompted bullion investors to take profits after a three-day rally pushed prices to their highest levels since mid-December. Bullion was one of the few losers
Published 20 Jan, 2012 12:00am
Sindh chief minister lauds Pak Army's role

Sindh chief minister lauds Pak Army's role

Pak Army has done yet another great service to the nation by empowering the youth of downtrodden areas of interior Sindh. Inception of Pano Aqil Institute for Technical Education and enrolment of Sindhi recruits in Army would go a long way in National dev
Published 20 Jan, 2012 12:00am
Bancassurance Distribution: Silkbank inks agreement with AsiaCare

Bancassurance Distribution: Silkbank inks agreement with AsiaCare

Silkbank Limited and AsiaCare Health & Life Insurance signed Bancassurance distribution agreement. The agreement was signed by Dr Mahmood Mehdi Kazmi, CEO AsiaCare and Talha Saeed, Group Head Retail of SilkBank. According to the agreement, Silkbank will o
Published 20 Jan, 2012 12:00am
LDFA 2012 exhibition from January 28

LDFA 2012 exhibition from January 28

After the success of first Livestock, Dairy & Fisheries (LDF) exhibition in 2011, the Sindh Board of Investment (SBoI) is going to organise another exhibition 'LDFA 2012' from January 28 to 29 to promote the potential of aforesaid sectors in the province.
Published 20 Jan, 2012 12:00am
Sindh University clarifies report

Sindh University clarifies report

In a reaction of press conference of a group of Sindh University teachers at Karachi, the spokesman of the University of Sindh termed it a baseless and piece of disinformation against Vice-Chancellor Dr Nazir A. Mughal In a statement issued on Thursday, t
Published 20 Jan, 2012 12:00am
Fake army officer among two notorious criminals held

Fake army officer among two notorious criminals held

Sindh Police on Thursday claimed to have arrested two notorious criminals including a fake military officer in separate raids at various parts of the metropolis here. According to SP, Ghulam Subhan, a team of Anti Violent Crime Cell on a tip-off conducted
Published 20 Jan, 2012 12:00am
Import of older used cars to imperil domestic auto industry

Import of older used cars to imperil domestic auto industry

The efforts of All Pakistan Motor Dealers Association (APMDA) to push its proposal for the trade policy 2011-2012 asking that up-to 10 years old used vehicles be allowed for commercial import, has caused a scare among the local domestic auto industry here
Published 20 Jan, 2012 12:00am
Gas supply to Punjab industries remains suspended for 190 days

Gas supply to Punjab industries remains suspended for 190 days

SNGPL suspended gas to industries located in Punjab for 190 days from January 2011 till to date that impacted 45 percent production of textile manufacturing meant for exports across the value chain, industrial sources told Business Recorder here on
Published 20 Jan, 2012 12:00am
ECC to slash GST on tractors to five percent

ECC to slash GST on tractors to five percent

The Economic Co-ordination Committee (ECC) of the Cabinet which is scheduled to meet on Friday (today) will slash General Sales Tax (GST) on tractors by 11 per cent ie from 16 per cent to 5 per cent which according to analysts will encourage flying invoic
Published 20 Jan, 2012 12:00am
Kashmiris to observe Indian Day as Black Day

Kashmiris to observe Indian Day as Black Day

Kashmiris on both sides of the Line of Control and across the world will observe January 26, the Indian Republic Day, as Black Day to remind the international community that India's continued denial of Kashmiris' right of self-determination is contrary to
Published 20 Jan, 2012 12:00am
Zardari may visit Tajikistan in March

Zardari may visit Tajikistan in March

President Asif Ali Zardari is expected to visit Tajikistan in March which will further help strengthen bilateral relations between the two brotherly countries, said Zubaydullo N. Zubaydov, Ambassador of the Republic of Tajikistan to Pakistan. In a press c
Published 20 Jan, 2012 12:00am
Alleged criminal held, weapons seized

Alleged criminal held, weapons seized

Crime Invest-igation Agency, Jamsheed Qaurter Thursday claimed to have arrested a villainous criminal from Pak Colony area and recovered weapons from his possession. According to DSP, Mumtaz Magsi, the accused person, namely, Zeeshan Ali alias Akhrot, was
Published 20 Jan, 2012 12:00am
TCKP participates in international tourism fair

TCKP participates in international tourism fair

Highlighting the rich tourism potential, cultural values and diversity of Khyber Pakhtunkhwa in the world, Tourism Corporation Khyber Pakhtunkhwa participated in five-day international tourism trade fair in Madrid, Spain. To promoting Gandhara arts, trekk
Published 20 Jan, 2012 12:00am
FPCCI presents three major changes in tax policy

FPCCI presents three major changes in tax policy

Federation of Pakistan Chamber of Commerce and Industry (FPCCI) presented three major changes in the tax policy before the Federal Board of Revenue (FBR) - introduction of the amnesty scheme for legalization of undisclosed income, assets and wealth on pay
Published 20 Jan, 2012 12:00am
Sherry presents credentials to Obama

Sherry presents credentials to Obama

Pakistan's new Ambassador to the United States Sherry Rehman has presented her credentials to US President Barack Obama as Islamabad's top diplomat in Washington. President Obama welcomed Ambassador Rehman and her family to the White House on the ceremoni
Published 20 Jan, 2012 12:00am
Foreign company refund cases: LTUs, RTOs told to give uniform treatment

Foreign company refund cases: LTUs, RTOs told to give uniform treatment

After issuance of show cause notice by the Federal Tax Ombudsman (FTO), the Federal Board of Revenue has directed the Large Taxpayer Units and Regional Tax Offices (RTOs) to give fair, uniform treatment in refund cases to the permanent establishments of f
Published 20 Jan, 2012 12:00am
SECP approves draft of Takaful Rules

SECP approves draft of Takaful Rules

The SECP has approved the draft of Takaful Rules, which will be published in the official Gazette of Pakistan to elicit public opinion. That will also be available on the SECP website. The 2012 draft of Takaful Rules suggests the establishment of a Centra
Published 20 Jan, 2012 12:00am
Not-for-profit associations: conditions for grant of license amended

Not-for-profit associations: conditions for grant of license amended

The SECP has made amendment to conditions for grant of license to not-for-profit associations under Section 42 of the Companies Ordinance, 1984, regarding allowing of investment in associated companies. The condition in this regard required that the not-f
Published 20 Jan, 2012 12:00am
President felicitates cricket team

President felicitates cricket team

President Asif Ali Zardari has congratulated Pakistan cricket team for winning the test match against England in Dubai on Thursday. In a felicitation message, the President felicitated and lauded the management of Pakistan Cricket Board (PCB) and players
Published 20 Jan, 2012 12:00am
PTCL is set to launch EVO 3G Nitro

PTCL is set to launch EVO 3G Nitro

Pakistan Telecommunication Company Limited (PTCL) is all-set to launch EVO 3G Nitro for ultimate speed and super performance, which is a next step towards the wireless broadband revolution. PTCL Spokesman Shahid Mehmood while talking to Business Record
Published 20 Jan, 2012 12:00am
FBR likely to set up Centralised National Appeal Unit

FBR likely to set up Centralised National Appeal Unit

The Federal Board of Revenue (FBR) is likely to set-up a Centralised National Appeal Unit (CNAP) for reviewing appeal cases filed by the taxpayers against the audit findings of the tax department where cases have been selected for audit by the Board's Aud
Published 20 Jan, 2012 12:00am
'Narcotics' production nominal in Pakistan'

'Narcotics' production nominal in Pakistan'

Director General (DG), Narcotics Control, Mohammad Shahid said on Thursday that the production of narcotics in Pakistan is nominal and it is smuggled in llarge scale from Afghanistan. The Ministry of Narcotics Control and law-enforcement agencies were mak
Published 20 Jan, 2012 12:00am
Awami budget

Awami budget

The government every year announces national and provincial budgets without realising their importance and just confine budget to correcting legislative grammatical mistakes and favouring their near and dear ones and use them as a tool to take revenge on
Published 20 Jan, 2012 12:00am
Kodak: The long downfall of an industry pioneer

Kodak: The long downfall of an industry pioneer

Kodak is not just a tradition-filled company going bankrupt. It's an industry pioneer, which changed the history of man like few other companies before it. Kodak invented the roll of film, as well as the interchangeable film cartridge. When the one-dollar
Published 20 Jan, 2012 12:00am
Natural justice and tax proceedings

Natural justice and tax proceedings

It is a well-established principle that statutory authorities, while exercising statutory powers vested in them, have to observe the principles of natural justice. This is more than necessary especially where their actions are going to have adverse effect
Published 20 Jan, 2012 12:00am
Out of the frying pan into the fire

Out of the frying pan into the fire

The inevitable has happened - in that while seeking exoneration by the Supreme Court in the contempt of court case the much-ballyhooed personal appearance of Prime Minister Gilani before the court on Thursday, has triggered the possibility of the court no
Published 20 Jan, 2012 12:00am
Tax collection issues

Tax collection issues

Inexplicably the Federal Board of Revenue (FBR) has reportedly analysed data that has led to the conclusion that there needs to be an analysis of the tax gap that exists due to the illegal economy that comprises more than 60 percent of the documented econ
Published 20 Jan, 2012 12:00am
Naat competition held

Naat competition held

Punjab Religious Affairs and Auqaf Department has arranged a Naat Khawni competition at zonal level at in connection with Rabi-ul-Awwal. According to a department spokesperson here on Thursday, Umar Muhammad Hassan Hashmi and Norina Imtiaz won the first p
Published 20 Jan, 2012 12:00am
Parliament working within its domain: Taj Haider

Parliament working within its domain: Taj Haider

Pakistan Peoples Party leader Taj Haider said that PPP was following policy of reconciliation to ensure that all institutions work within their domain. Talking to private news channel, he said National Assembly had passed a resolution in favour of the dem
Published 20 Jan, 2012 12:00am
Government does not want confrontation: Bilour

Government does not want confrontation: Bilour

Senior Minister Khyber Pakhtonkhwa Bashir Ahmad Bilour on Thursday said that the government does not want confrontation among institutions. Talking to a private news channel, Provincial Minister said that government believes in supremacy of the constituti
Published 20 Jan, 2012 12:00am
Prime Minister's appearance marks respect for courts: Kaira

Prime Minister's appearance marks respect for courts: Kaira

Secretary Information Pakistan Peoples Party, Qamar Zaman Kaira on Thursday said there was respect and honour for institutions of the country. Talking to media outside the Supreme Court Building, he said, the respect for institutions could be witnessed by
Published 20 Jan, 2012 12:00am
SBP and LUMS launch study on fan industry

SBP and LUMS launch study on fan industry

The State Bank of Pakistan (SBP) on Thursday launched study on fan industry in collaboration with the Lahore University of Management Sciences (LUMS), which will help Pakistan's banking sector expand access to finance for the Small & Medium Enterprises (S
Published 20 Jan, 2012 12:00am
SSDA holds protest demonstration

SSDA holds protest demonstration

Social Security Doctors' Association Punjab (SSDA) held protest demonstration at all social security hospitals of Punjab in Lahore, Faisalabad, Okara, Multan, Gujranwal, and Rawalpindi for depriving the doctors of Health Professional Allowance (HPA) despi
Published 20 Jan, 2012 12:00am
HSC Supplementary Examination: BIEK reschedules postponed papers

HSC Supplementary Examination: BIEK reschedules postponed papers

Board of Intermediate Education Karachi (BIEK) has rescheduled the postponed papers which could not be held on due dates, for HSC Supplementary Examination 2011, now will be held as per revised schedule mentioning below. Papers of Chemistry -1, Computer S
Published 20 Jan, 2012 12:00am
LPG price cut by Rs 10,000 per ton

LPG price cut by Rs 10,000 per ton

The public sector producers of Liquefied Petroleum Gas (LPG) have cut LPG price by Rs 10,000 per ton after the imposition of the recently notified Petroleum Development Levy (PLD) amounting to Rs 11,486 per ton. According to a circular issued by Pak-Arab
Published 20 Jan, 2012 12:00am
KESC announces second Annual Safety Leaders awards

KESC announces second Annual Safety Leaders awards

Karachi Electric Supply Company announced 2nd Annual Safety Leaders award on Thursday to acknowledge departments which outperform others in achieving safe working conditions for employees and workplace. The award is in line with the company policy to prom
Published 20 Jan, 2012 12:00am
Hydel generation likely to begin soon

Hydel generation likely to begin soon

Hydel generation is likely to resume in a day or so, as the Pepco sources said indent has been released for hydel generation that would improve power situation in the country. It may be noted that power supply was short in the country due to canal closure
Published 20 Jan, 2012 12:00am
KDA plot transfer section operating illegally

KDA plot transfer section operating illegally

The officials at the defunct Karachi Development Authority (KDA) plot transfer section in connivance with some brokers have allegedly prepared fake documents of dozens of plots in Korangi, North Karachi, Gulistan-e-Jauhar and North Nazimabad on old dates
Published 20 Jan, 2012 12:00am
Textile exports likely to decline sharply

Textile exports likely to decline sharply

Export orders for the country's value-added textile have begun to scale down, which exporters fear will dip by 30 percent this fiscal year, because of what they termed gas and power shortages and inefficient policies of the government.
Published 20 Jan, 2012 12:00am
Lahore, Islamabad: Emirates to conduct two additional flights

Lahore, Islamabad: Emirates to conduct two additional flights

Emirates has announced two additional flights a week to Northern Pakistan. From February 7th, Emirates will serve its passengers in Lahore and Islamabad eight times a week. The airline will now be operating 47 flights into and out of Pakistan with an addi
Published 20 Jan, 2012 12:00am
TCP clarification

TCP clarification

Apropos a news item carried by Business Recorder in its January 18, 2012, issue under caption "Government using delaying tactics in lifting of sugar from mills: PSMA", TCP would like to clarify that "378,000 MTs of sugar purchased from the local su
Published 20 Jan, 2012 12:00am
Cold, dry weather to grip country

Cold, dry weather to grip country

The cold and dry weather forecasted to grip the country with foggy and misty conditions in the plain areas of Punjab, Khyber-Pakhtunkhwa and Sukkur division in the next 24 hours, the met office said on Thursday. "A fresh western disturbance would likely t
Published 20 Jan, 2012 12:00am
Goods worth Rs 20.08 million traded along LoC

Goods worth Rs 20.08 million traded along LoC

Businessmen of Azad Jammu and Kashmir and in Indian occupied Kashmir, traded goods through weekly service containing permitted items worth over Rs 20.08 million along the LoC at Taitrinote-Chakan-Da-Bagh crossing point on Rawalakot-Poonch route till late
Published 20 Jan, 2012 12:00am
Government urged to stop misuse of DTRE facility

Government urged to stop misuse of DTRE facility

Due to the misuse of Duty & Tax Remission for Export (DTRE) facility, the public exchequer is facing a loss of Rs 250 million per year. Moreover during the period of January 2011 to September 2011, 5174-ton paper was imported by using this facility and wa
Published 20 Jan, 2012 12:00am
Third international e-Health moot tomorrow

Third international e-Health moot tomorrow

The 3rd International e-Health Conference will start tomorrow (Saturday) at the University of Health Sciences (UHS). The two-day conference is being organised by e-Health Association of Pakistan. The theme of the conference is "Road to National e-Health S
Published 20 Jan, 2012 12:00am
Call to establish efficient healthcare system

Call to establish efficient healthcare system

Pakistan Muslim League (N) leader, Engineer Khurram Dastgir Khan MNA has said that no nation can survive without the production of new knowledge. Addressing the faculty of University of Health Sciences and Gujranwala Medical College, here at UHS on Thursd
Published 20 Jan, 2012 12:00am
PHMA lauds Malik's stance

PHMA lauds Malik's stance

Pakistan Hardware Merchants Association (PHMA), while appreciating the Federal Interior Minister Rehman Malik for taking prompt notice of the appreciating dollar, urged him to ensure greenback rate at Rs 85.00 a dollar, as has been hinted by him, in the l
Published 20 Jan, 2012 12:00am
Pakistan wants Grossman's visit after review of terms of engagements

Pakistan wants Grossman's visit after review of terms of engagements

Pakistan on Thursday said that United States Special Representative for Afghanistan and Pakistan Marc Grossman's visit to Islamabad will only be productive and result-oriented when the process of reviewing its terms of engagements with Washington was comp
Published 20 Jan, 2012 12:00am
Murder of Mukarram Khan: journalists demand judicial inquiry

Murder of Mukarram Khan: journalists demand judicial inquiry

The journalists fraternity from Khyber Paktunkhwa and FATA have demanded a judicial inquiry into the murder of tribal journalist Mukarram Khan and called for providing full protection to working journalists, especially in tribal areas.
Published 20 Jan, 2012 12:00am
ICAP to hold golden jubilee conference

ICAP to hold golden jubilee conference

The Institute of Chartered Accountants of Pakistan (ICAP) has arranged a two-day Golden Jubilee International Conference at a local hotel on Friday.
Published 20 Jan, 2012 12:00am
Pepco asked to submit loadshedding schedule for VVIPs

Pepco asked to submit loadshedding schedule for VVIPs

Chief Justice Lahore High Court on Thursday directed Pakistan Electric Power Company (Pepco) to submit electricity loadshedding schedule for VVIPs and premises including President, Prime Minister, Governor, Chief Minister and Ministers by February 10.
Published 20 Jan, 2012 12:00am
Court cannot proceed against Ayub, Yahya, Zia: LHC

Court cannot proceed against Ayub, Yahya, Zia: LHC

The Lahore High Court (LHC) on Thursday denied declaring three former army chiefs Ayub Khan, Yahya Khan and Ziaul Haq as traitors as they are now dead. Chief Justice Sheikh Azmat Saeed while hearing a writ petition seeking directions to declare all the fo
Published 20 Jan, 2012 12:00am
Gulfraz hails Rabbani's statement on Pak-Iran gas project

Gulfraz hails Rabbani's statement on Pak-Iran gas project

Former secretary Petroleum Dr Gulfraz appreciated statement of Hina Rabbani Khar on Pak-Iran gas pipeline and hoped Pakistan would soon start work on the project. Talking to a private news channel on Thursday, he said energy crisis in Pakistan would conti
Published 20 Jan, 2012 12:00am
Shifting of ice factories demanded

Shifting of ice factories demanded

Sindh Environment Minister, Shaikh Muhammad Afzal, has called for shifting of ice factories away from the residential areas. In a statement on Thursday he maintained that ice factories established in the residential areas are source of pollution. Besides,
Published 20 Jan, 2012 12:00am
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