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Print - 2012-02-02
Attock Petroleum's profit after tax increases to Rs 2.217 billion

Attock Petroleum's profit after tax increases to Rs 2.217 billion

The profit after tax of Attock Petroleum Limited (APL) has increased to Rs 2.217 billion in half year period ended December 31, 2011 as compared to Rs 1.743 billion earned in the corresponding period in 2010. The company's earning per share increased to R
Published 02 Feb, 2012 12:00am
LHC issues show cause notice to Transport Secretary

LHC issues show cause notice to Transport Secretary

The Lahore High Court (LHC) issued show cause notice to Secretary Transport Punjab for not replying the repeated court notices in a petition of a widow Rafit Nazir, praying court's directions for payment of pension and others due.
Published 02 Feb, 2012 12:00am
ARL profit after tax increases to Rs 2.32 billion

ARL profit after tax increases to Rs 2.32 billion

The profit after tax of Attock Refinery Limited has increased to Rs 2.322 billion in the half year period ended December 31, 2011 as compared to Rs 1.502 billion earned in the corresponding period in 2010. The company's earning per share has increased to
Published 02 Feb, 2012 12:00am
Six more persons fall prey to targeted killings

Six more persons fall prey to targeted killings

The imposition of ban on pillion riding by the Sindh government was of no avail as six more persons lost their lives in separate incidents of targeted killings on Wednesday. According to police and rescue sources, a 25-year-old man was shot dead near Mari
Published 02 Feb, 2012 12:00am
More emphasis placed on non-financial assets' value in CEOs survey

More emphasis placed on non-financial assets' value in CEOs survey

In the wake of the financial crisis, three-quarter of the world's Chief Executive Officers (CEOs) say more emphasis should be placed on measuring the value of non-financial assets such as intellectual capital and customer relationships to drive long-term
Published 02 Feb, 2012 12:00am
Police recover three kidnapped women

Police recover three kidnapped women

Rahimyarkhan police recovered three kidnapped women with their illegitimate children, DPO Sohail Zafar Chattha told media representatives. These women were abducted from Khanpur (Rahimyar Khan district) Lahore and Jhelum. They were identified as Maqsooda
Published 02 Feb, 2012 12:00am
Minister stresses need for exporting value-added textile items

Minister stresses need for exporting value-added textile items

Textile Minister Shahabuddin has stressed the need for export of value-added items and said that "we should avoid to export raw cotton or yarn at the cost of local industry". Talking to newsmen here on Wednesday, he said that textile millers should not ex
Published 02 Feb, 2012 12:00am
APTMA welcomes ECC decision for supporting free market mechanism

APTMA welcomes ECC decision for supporting free market mechanism

Chairman All Pakistan Textile Mills Association (APTMA) Mohsin Aziz has welcomed the Economic Co-ordination Committee (ECC) decision of supporting the free market mechanism and let market forces define the prices of cotton in the country.
Published 02 Feb, 2012 12:00am
Reaction to medicines: Shahbaz to submit affidavit in Supreme Court

Reaction to medicines: Shahbaz to submit affidavit in Supreme Court

Punjab Chief Minister Muhammad Shahbaz Sharif on Wednesday said that conspiracy was hatched on dengue issue and he was ready to explain facts before the Supreme Court of Pakistan, if called. Talking to reporters here, he said the opposition in Punjab trie
Published 02 Feb, 2012 12:00am
Santander, Intesa join eurozone bank funding thaw

Santander, Intesa join eurozone bank funding thaw

A long-awaited thaw in funding for eurozone banks has spread to troubled southern countries after Santander followed Italian rival Intesa to raise cash, further evidence that central bank action to head off a crisis is restoring confidence.
Published 02 Feb, 2012 12:00am
Drug giant Roche posts 7 percent profit

Drug giant Roche posts 7 percent profit

Swiss drug maker Roche posted a seven percent rise in its 2011 net profit to 9.5 billion Swiss francs ($10.3 billion, 7.9 billion euros) on Wednesday, despite the impact of the strong currency against the dollar and euro. The performance was slightly up o
Published 02 Feb, 2012 12:00am
Drug giant Roche posts 7 percent profit

Drug giant Roche posts 7 percent profit

Swiss drug maker Roche posted a seven percent rise in its 2011 net profit to 9.5 billion Swiss francs ($10.3 billion, 7.9 billion euros) on Wednesday, despite the impact of the strong currency against the dollar and euro. The performance was slightly up o
Published 02 Feb, 2012 12:00am
Belgium first in eurozone to enter formal recession

Belgium first in eurozone to enter formal recession

Belgium became the first eurozone member formally to fall into recession in the second half of last year, data showed on Wednesday, paving the way for what is expected to be a tough contraction for the bloc as a whole in 2012.
Published 02 Feb, 2012 12:00am
Eurozone banks more reluctant to lend: ECB

Eurozone banks more reluctant to lend: ECB

Eurozone banks are tightening lending conditions for both businesses and households even as demand falls as the sovereign debt crisis drags on, the European Central Bank found on Wednesday. In its latest quarterly Bank Lending Survey, the ECB said that a
Published 02 Feb, 2012 12:00am
Gazprom posts $31 billion profits

Gazprom posts $31 billion profits

Russian gas giant Gazprom announced Wednesday a net profit of 940.8 billion rubles ($31.05 billion) over the first nine months of 2011, a year-on-year growth of 40.7 percent. Sales increased by 32 percent in the same January to September period, to a tota
Published 02 Feb, 2012 12:00am
France convicts Google Maps

France convicts Google Maps

A French commercial court has found Google guilty of abusing the dominant position of its Google Maps application and ordered it to pay a fine and damages to a French mapping company. In a ruling Tuesday, the Paris court upheld an unfair competition compl
Published 02 Feb, 2012 12:00am
Ford, Chrysler US sales jump; GM slips

Ford, Chrysler US sales jump; GM slips

Chrysler Group LLC posted a 44 percent rise in US auto sales in January, led by gains for its Jeep brand, while its largest rival General Motors Co lost ground in a month marked by modest growth. Ford Motor Co, the No 2 US automaker, reported a 7.4 percen
Published 02 Feb, 2012 12:00am
US manufacturing picks up; private job gains slow

US manufacturing picks up; private job gains slow

US manufacturing growth accelerated in January to its highest level in seven months, though a measure of employment faded and private-sector employers added fewer jobs than expected, data showed on Wednesday. US economic growth is widely expected to slow
Published 02 Feb, 2012 12:00am
Obama calls for $5-10 billion for home refinancing

Obama calls for $5-10 billion for home refinancing

President Barack Obama on Wednesday called on Congress to approve a $5 billion to $10 billion effort to help US homeowners refinance as part of a wider package of proposals to shore up the depressed housing market.
Published 02 Feb, 2012 12:00am
Factory output curbed by troubled Europe

Factory output curbed by troubled Europe

Crumbling global demand restrained factory output in Asia and most of Europe in January, business surveys showed on Wednesday, putting pressure on policymakers to shore up growth and counter a spreading malaise.
Published 02 Feb, 2012 12:00am
Iran's economy to grow despite sanctions: Ahmadinejad

Iran's economy to grow despite sanctions: Ahmadinejad

President Mahmoud Ahmadinejad predicted on Wednesday that Iran's economy would grow eight percent over the next 12 months despite severe Western sanctions, as he presented his government's annual budget to parliament.
Published 02 Feb, 2012 12:00am
Dubai bourse climb, Egypt's stocks extend gains

Dubai bourse climb, Egypt's stocks extend gains

Dubai's bourse climbed to a four-month high on Wednesday, as hopes of strong earnings and rising European stocks lifted sentiment, and Egypt's market extended a rally on optimism about the political environment. Dubai's real estate stocks led the rally, h
Published 02 Feb, 2012 12:00am
Nikkei steadies

Nikkei steadies

The Nikkei average held on to recent gains on Wednesday, edging up for the second session and brushing off worse-than-expected earnings from blue chips like Honda Motor Co, with some market players saying earnings gloom has already been priced in.
Published 02 Feb, 2012 12:00am
Wednesday's midday trade: Wall Street climbs

Wednesday's midday trade: Wall Street climbs

US stocks extended January's rally, climbing more than 1 percent, on Wednesday after upbeat global manufacturing data and as Greece neared a long-delayed deal on its debt. An index of the US manufacturing sector rose in January to its highest level since
Published 02 Feb, 2012 12:00am
Wall Street ends strong January on flat note

Wall Street ends strong January on flat note

Wall Street closed its best month since October on a flat note on Tuesday as weaker-than-expected economic reports surprised investors after a stream of positive data in recent months. Stocks have rallied sharply since late last year, partly on hopes the
Published 02 Feb, 2012 12:00am
Taiwan stocks higher

Taiwan stocks higher

Taiwan stocks ended 0.43 percent higher on Wednesday, lifted by HTC Corp and defensive plays such as transportation and biotech. The main TAIEX index rose 32.13 points to 7,549.21, after opening flat. HTC was limit-up with the largest turnover in the sess
Published 02 Feb, 2012 12:00am
Treasuries move higher

Treasuries move higher

US Treasuries gained on Tuesday as the Federal Reserve made new purchases of longer-dated debt, and as hope faded that there would be an agreement for a stronger euro zone rescue fund. Month-end buying also lifted prices as investors moved to lock in gain
Published 02 Feb, 2012 12:00am
Treasuries move higher

Treasuries move higher

US Treasuries gained on Tuesday as the Federal Reserve made new purchases of longer-dated debt, and as hope faded that there would be an agreement for a stronger euro zone rescue fund. Month-end buying also lifted prices as investors moved to lock in gain
Published 02 Feb, 2012 12:00am
Southeast Asian markets edge higher

Southeast Asian markets edge higher

Most Southeast Asian stock markets edged higher on Wednesday as demand for growth stocks lifted consumer and resource-related shares outperform amid a bout of profit-taking across the region following a rally in January.
Published 02 Feb, 2012 12:00am
Indian shares rebound

Indian shares rebound

Indian shares rebounded in late trade on Wednesday to post their highest close in 12 weeks, as metal producers and auto makers jumped, although investors were doubtful the rally could be sustained after a rise of nearly 12 percent so far this year.
Published 02 Feb, 2012 12:00am
Hong Kong and China shares decline

Hong Kong and China shares decline

Hong Kong and China shares declined on Wednesday, led by Chinese banks after mainland media said January loan growth was less than earlier reported, but losses on benchmark indices were limited by chart supports.
Published 02 Feb, 2012 12:00am
South Korea's KOSPI flat

South Korea's KOSPI flat

Seoul shares closed nearly steady on Wednesday as earlier gains backed by offshore bids were erased by local investors cashing out on short-term positions amidst unresolved debt issues in Europe and signs of weakness in the US economic recovery. The Korea
Published 02 Feb, 2012 12:00am
European shares rally

European shares rally

European shares hit a six-month high on Wednesday as encouraging economic numbers boosted sentiment, while Italian banks gained after the Italian Central Bank made it easier for banks to boost their capital base. The FTSEurofirst 300 index of top European
Published 02 Feb, 2012 12:00am
FTSE rises on bullish earnings, manufacturing data

FTSE rises on bullish earnings, manufacturing data

Bullish company earnings reports and the prospect of Greece nearing a debt deal helped lift Britain's FTSE 100 higher on Wednesday, while robust manufacturing data from China, the US and Europe boosted appetite for the mining sector. London's blue chip in
Published 02 Feb, 2012 12:00am
LCCI urges government to withdraw hike

LCCI urges government to withdraw hike

The Lahore Chamber of Commerce and Industry (LCCI) on Wednesday urged the government to immediately withdraw increase in prices of petroleum products. The LCCI office bearers; President Irfan Qaiser Sheikh, Senior Vice President Kashif Younis Meher and Vi
Published 02 Feb, 2012 12:00am
MDTF launches $20 million project for KP, Fata

MDTF launches $20 million project for KP, Fata

Multi-Donor Trust Fund (MDTF), a funded project with $20 million launched in Sarhad Chamber of Commerce & Industry (SCCI), for the Economic Revitalisation of Khyber Pakhtunkhwa and Fata (ERKF). In this connection, President, SCCI, Afan Aziz and a large nu
Published 02 Feb, 2012 12:00am
Transport bodies urge government to withdraw decision

Transport bodies urge government to withdraw decision

Public transport associations have requested the government to withdraw the decision to raise petroleum product prices across the board or else they would launch a countrywide strike. A meeting of the representatives of different transport unions has been
Published 02 Feb, 2012 12:00am
FPCCI rejects hike

FPCCI rejects hike

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) strongly rejected the decision of Oil and Gas Regulatory Authority (Ogra) of increasing the prices of petroleum products.
Published 02 Feb, 2012 12:00am
ICCI criticises raise

ICCI criticises raise

Islamabad Chamber of Commerce and Industry (ICCI) has strongly criticised massive raise in petroleum products' prices, saying that it would hit trade and industry hard besides jacking up the graph of inflation further higher.
Published 02 Feb, 2012 12:00am
FAP to organise 'Kisan Rally' to protest hike

FAP to organise 'Kisan Rally' to protest hike

Sharply reacting to the fresh hike in petroleum prices especially of diesel, Farmers Associates Pakistan (FAP) has convened a meeting of stakeholders on Friday to prepare a counter strategy against anti-growers policies of the government and organising a
Published 02 Feb, 2012 12:00am
Bahria University orientation

Bahria University orientation

A two-day orientation session of Bahria University Islamabad campus for its fresh batch of Spring 2012 will be conducted from today (Thursday) aimed at familiarising the students with the environment of the university and briefing them on the rules and re
Published 02 Feb, 2012 12:00am
KP constitutes task force on traffic problems

KP constitutes task force on traffic problems

The provincial cabinet of Khyber Pakhtunkhwa has constituted a task force for looking into legal, administrative and infrastructure aspects of traffic problems and come up with concrete proposals to address the issue and provide relief to the people.
Published 02 Feb, 2012 12:00am
Eight killed as bus plunges into ravine

Eight killed as bus plunges into ravine

At least eight persons were killed while more than 13 others were injured as a passenger bus plunged into ravine on Wednesday, police said. According to the details, the coach travelling to Sherengal from Timergrah went out of control at Jattkot point and
Published 02 Feb, 2012 12:00am
Deaths at PIC: KP pharmacists seek an impartial inquiry

Deaths at PIC: KP pharmacists seek an impartial inquiry

Pharmacists of Khyber Pakhtunkhwa on Wednesday demanded impartial and independent inquiry into the Punjab Institute of Cardiology (PIC) incident. They staged a protest demonstration against the loss of dozens of lives due to drug reaction at Punjab Instit
Published 02 Feb, 2012 12:00am
Pakistani students shine in Cuba

Pakistani students shine in Cuba

Pakistani medical students in Cuba have shown remarkable performance among students from over 120 different countries. Over 900 Pakistani students are pursuing medical studies funded by the government of Cuba, says a press release.
Published 02 Feb, 2012 12:00am
15 FC men killed in Balochistan

15 FC men killed in Balochistan

Baloch insurgents attacked security forces Tuesday night, killing 14 soldiers and a driver working for the military in clashes that raged for five hours, officials said Wednesday. Gunmen attacked two posts in the Margut area, about 60 kilometres (40 miles
Published 02 Feb, 2012 12:00am
Meeting energy demands All options open: Dr Asim

Meeting energy demands All options open: Dr Asim

Federal Minister for Petroleum & Natural Resources Dr Asim Hussain has said that Pakistan needs to meet its energy demands immediately and for this all options are to be availed. He was talking to US Ambassador to Pakistan, Cameron Munter, who called on h
Published 02 Feb, 2012 12:00am
'JUI-F prepared to contest poll under Zardari's presidency'

'JUI-F prepared to contest poll under Zardari's presidency'

The General Secretary of Jamiat Ulema-e-Islam (JUI-F), Abdul Ghafoor Haideri, on Wednesday held the country's establishment as 'obstacle' to his party's success in reaching the power corridors in the general elections, but showed willingness to contest ne
Published 02 Feb, 2012 12:00am
KESC holds 'Azm Conference'

KESC holds 'Azm Conference'

Karachi Electric Supply Company (KESC), in its full day "Azm Conference," on Wednesday pledged to bring about a complete change of mindset internally and change the age old perceptions about the utility, externally.
Published 02 Feb, 2012 12:00am
RTO-III Karachi collects Rs 20 billion income tax

RTO-III Karachi collects Rs 20 billion income tax

Regional Tax Office-III (RTO-III), Karachi has collected rupees 20 billion under the head of income tax up to January 24, against a monthly target of rupees 19.19 billion.
Published 02 Feb, 2012 12:00am
Aussie & New Zealand $ struggle

Aussie & New Zealand $ struggle

The Australian and New Zealand dollars struggled to make much headway on Wednesday as the market locked in recent gains after both local and Chinese data failed to whet risk appetite in Asia. The Aussie stood at $1.0615, barely changed from late New York
Published 02 Feb, 2012 12:00am
Yuan rises

Yuan rises

The yuan ended up on Wednesday, approaching a key resistance at 6.30 against the dollar as the People's Bank of China tolerated the Chinese currency's rise by fixing a stronger mid-point, traders said.
Published 02 Feb, 2012 12:00am
Dollar revisits three-month lows versus yen in Asia

Dollar revisits three-month lows versus yen in Asia

The dollar hovered at three-month lows against the yen on Wednesday and looked poised to lose ground for a fifth straight day, pressured by the Federal Reserve's pledge last week that it would keep interest rates near zero at least until late 2014. The do
Published 02 Feb, 2012 12:00am
Euro and yen up in London

Euro and yen up in London

Improved manufacturing data and optimism that Greece will reach a deal with its creditors boosted the euro on Wednesday while the yen hit a three-month high versus the dollar, increasing speculation that Japan may step in to halt its rise. Greek Finance M
Published 02 Feb, 2012 12:00am
Early trade in New York: euro, yen moves higher

Early trade in New York: euro, yen moves higher

The euro rose on Wednesday amid renewed optimism that Greece will reach a deal with its creditors while the yen hit a three-month high versus the US dollar for a third day, increasing speculation that Japan may step in to halt its rise.
Published 02 Feb, 2012 12:00am
Euro falls; yen on intervention watch

Euro falls; yen on intervention watch

The euro surrendered all gains and traded lower against the dollar on Tuesday as expectations evaporated that a Greek debt restructuring deal could be close, while a resurgent yen raised concern Japanese authorities could intervene to weaken it. The dolla
Published 02 Feb, 2012 12:00am
Bangladesh foreign exchange reserves slip in January

Bangladesh foreign exchange reserves slip in January

Bangladesh's foreign exchange reserves fell to $9.386 billion at the end of January from $9.63 billion in December, and were down from $10.38 billion a year earlier, the central bank said on Wednesday.
Published 02 Feb, 2012 12:00am
Indian rupee hits three-month high

Indian rupee hits three-month high

The Indian rupee hit a near three-month high on Wednesday, clawing back all early losses, supported by robust dollar inflows, local share gains and a recovery in the euro. The rupee closed at 49.2650/2750 per dollar, rebounding from the day's low of 49.66
Published 02 Feb, 2012 12:00am
Most Asian currencies down

Most Asian currencies down

Most emerging Asian currencies fell on Wednesday on concerns that slowing global growth will discourage further inflows to the region, with weak export data weighing heavily on the South Korean won and the Indonesian rupiah.
Published 02 Feb, 2012 12:00am
Sterling climbs

Sterling climbs

Sterling climbed to a two-and-a-half month high against the dollar on Wednesday, supported by a surprise return to growth in the UK manufacturing sector, although it lagged the euro as the data did little to alter expectations of more monetary stimulus.
Published 02 Feb, 2012 12:00am
Turkey warns Europe against mounting racism, Islamophobia

Turkey warns Europe against mounting racism, Islamophobia

Turkish Prime Minister Recep Tayyip Erdogan on Wednesday warned of rising racism and Islamophobia in Europe as he once again denounced a recent French bill outlawing denial of Armenian genocide. The French bill, was a "serious manifestation of an insidiou
Published 02 Feb, 2012 12:00am
Assange takes extradition battle to Britain's top court

Assange takes extradition battle to Britain's top court

WikiLeaks founder Julian Assange took his fight against extradition to Britain's Supreme Court Wednesday, arguing that sending him to Sweden over rape allegations would breach legal principles dating back 1,500 years. In his final roll of the dice within
Published 02 Feb, 2012 12:00am
Ban urges Israel settlement freeze

Ban urges Israel settlement freeze

UN chief Ban Ki-moon called on Israel on Wednesday to halt settlement activity and offer the Palestinians a "goodwill gesture" as the top diplomat sought to kick-start stalled peace talks. But he appeared to be rebuffed by Israeli Prime Minister Benjamin
Published 02 Feb, 2012 12:00am
Europe freeze kills 89, fears rise over Russian gas

Europe freeze kills 89, fears rise over Russian gas

Record-low temperatures in parts of Eastern Europe pushed the death toll from Arctic conditions to at least 89 people on Wednesday, and have forced Russian gas provider Gazprom to warn over supplies to Europe. Europe had enjoyed a relatively mild winter u
Published 02 Feb, 2012 12:00am
Chinese workers kidnapped in Egypt freed

Chinese workers kidnapped in Egypt freed

China said Wednesday that 25 Chinese workers kidnapped by Egyptian Bedouins demanding the release of their Islamist relatives had been released. The incident comes days after 29 Chinese nationals in Sudan were captured by rebels who attacked their camp in
Published 02 Feb, 2012 12:00am
After Florida win, Romney stumbles in comments on poor

After Florida win, Romney stumbles in comments on poor

Mitt Romney regained the lead in the Republican presidential nomination race with a big win in Florida, but drew criticism on Wednesday in what should have been his victory lap with remarks suggesting he was indifferent to America's poor.
Published 02 Feb, 2012 12:00am
Former RBS chief Goodwin stripped of knighthood

Former RBS chief Goodwin stripped of knighthood

The former chief executive of the Royal Bank of Scotland, Fred Goodwin, has had his knighthood stripped by Queen Elizabeth II over his role in the bank's near-collapse in 2008, it was announced on Tuesday. There have been growing calls for Goodwin, nickna
Published 02 Feb, 2012 12:00am
'Dalit Queen' launches re-election bid

'Dalit Queen' launches re-election bid

India's "Dalit Queen," a low-caste firebrand in power in the country's most populous state since 2007, launched her re-election bid Wednesday vowing to continue working for the downtrodden. Crowds of supporters from India's Dalits, formerly "untouchables"
Published 02 Feb, 2012 12:00am
Russia will veto 'unacceptable' Syria resolution

Russia will veto 'unacceptable' Syria resolution

Russia said on Wednesday it would veto any UN resolution on Syria that it finds unacceptable, after demanding any measure rule out military intervention to halt the bloodshed touched off by protests against President Bashar al-Assad's rule.
Published 02 Feb, 2012 12:00am
IAEA, Iran to meet again after 'good' talks

IAEA, Iran to meet again after 'good' talks

Senior UN nuclear inspectors plan another trip to Iran later this month after holding what both sides described as good talks on the Islamic state's disputed atomic programme. The January 29-31 talks in Tehran were a rare direct dialogue in the long-runni
Published 02 Feb, 2012 12:00am
Hackers attack Brazil's largest state-run bank

Hackers attack Brazil's largest state-run bank

A group of Internet hackers says it has taken down the website of the Banco do Brasil, Brazil's largest state-run bank. It's the third such attack against financial institutions in a week.
Published 02 Feb, 2012 12:00am
US admiral plays down reports of floating Gulf base

US admiral plays down reports of floating Gulf base

A top US admiral has denied media reports that an aging warship will be serving as a floating base for special forces in the Gulf, saying the vessel would instead be used to help clear mines. The USS Ponce, a 1970s-era amphibious transport ship, is underg
Published 02 Feb, 2012 12:00am
Cut in GST on tractors: SRO being issued today: Paapam

Cut in GST on tractors: SRO being issued today: Paapam

The Statutory Regulatory Order (SRO) to give legal effect to the government decision to cut General Sales Tax (GST) on tractors from 16 percent to 5 percent is being issued today (Thursday), Chairman Pakistan Association of Automotive Parts & Accessories
Published 02 Feb, 2012 12:00am
Traders slam hike in oil prices

Traders slam hike in oil prices

Industrialists and traders have reacted sharply to the increase in oil prices saying it will put additional burden on poverty-stricken people of the country. They demanded of the government to withdraw this anti-people decision without delay. They said th
Published 02 Feb, 2012 12:00am
Deadline for computerisation of arms licenses extended

Deadline for computerisation of arms licenses extended

On the directives of Ministry for Interior, Nadra has extended deadline for the computerisation of Arms Licenses till February 29, Nadra spokesman stated this in a statement issued here on Wednesday.
Published 02 Feb, 2012 12:00am
Rs 14 million distributed amongst 92 families

Rs 14 million distributed amongst 92 families

"The government has firm belief that the nation cannot make progress and development without catering the needs of its poor segments of society and Benazir Income Support Programme (BISP) has followed the same approach."
Published 02 Feb, 2012 12:00am
GCU achieves best library award

GCU achieves best library award

The Government College University Lahore has achieved the Best Library Award 2012 and 224 latest key publications from the International Society for Science and Religion (ISSR), Cambridge, UK.
Published 02 Feb, 2012 12:00am
Security to be provided on Miladun Nabi day

Security to be provided on Miladun Nabi day

Foolproof security will be provided to the participants of the processions of Eid-e-Miladun Nabi on February 5th and special arrangements for cleanliness would be made on the routes of processions. This was decided in a meeting held on Wednesday at Town H
Published 02 Feb, 2012 12:00am
Government fails to curb electricity demand

Government fails to curb electricity demand

The federal government has failed to curb electricity demand in the country including in rural areas despite implementation of "load suppression model" and usage of price management mechanism. National Electric Power Regulatory Authority (Nepra) has recen
Published 02 Feb, 2012 12:00am
USAID, varsities sign MoUs

USAID, varsities sign MoUs

The United States will build new Faculty of Education buildings at six Pakistani universities and renovate a seventh education facility, as part of an agreement signed between the universities and the US Agency for International Development (USAID), here
Published 02 Feb, 2012 12:00am
Met Office issues farm advisory

Met Office issues farm advisory

The Met Office on Wednesday advised farmers to accelerate removing weeds from standing wheat crop to protect soil moisture to help the crop attain maximum nutrients to grow fast.
Published 02 Feb, 2012 12:00am
Flying invoices: FBR identifies high-risk areas in five leading sectors

Flying invoices: FBR identifies high-risk areas in five leading sectors

To counter fake/flying invoices, the Federal Board of Revenue has identified high-risk areas in five leading export sectors ie textile, leather, surgical, carpets and sports goods and decided to analyse their monthly sales tax returns for underlining tran
Published 02 Feb, 2012 12:00am
FIA Sindh registers 425 cases

FIA Sindh registers 425 cases

According to the details, overall performance of FIA Sindh Zone during the year 2011 is commendable under the effective supervision of Moazzam Jah, PSP, Director FIA Sindh Zone.
Published 02 Feb, 2012 12:00am
Seminar

Seminar

Department of Dermatology, University Medical & Dental College Faisalabad organised a seminar on "Leprosy - a neglected disease, Challenges in diagnosis and treatment" in context with "World Leprosy Day".
Published 02 Feb, 2012 12:00am
Call for measures to curb cancer among children

Call for measures to curb cancer among children

Proper attentive measures are needed in country to curb cancer especially among the children. Apart from this proper awareness programs is needed for dissemination of information to avoid deaths of thousands of children, suffering from childhood cancer, r
Published 02 Feb, 2012 12:00am
Punjab chief minister's additional portfolios challenged

Punjab chief minister's additional portfolios challenged

The Lahore High Court (LHC) has sought a report within three weeks from Chief Secretary Punjab in response to a petition challenging as many as 18 portfolios reportedly held by the Punjab Chief Minister. The petitioner, Noshab A Khan, contended that the c
Published 02 Feb, 2012 12:00am
Upcoming Senate polls: LHC adjourns proceedings to February 7

Upcoming Senate polls: LHC adjourns proceedings to February 7

The Lahore High Court adjourned to February 7 proceedings in a petition praying to stay upcoming Senate elections and directed the petitioner to submit his arguments on point of maintainability of the petition. The petitioner a bar member Feroze Shah Gill
Published 02 Feb, 2012 12:00am
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