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Print - 2012-02-17
Brent tops $120

Brent tops $120

Brent crude rose on Thursday for a fourth day in a row, topping $120 a barrel - a six-month high - on worries about supply from Iran and from the North Sea, where output was expected to dip next month. A reversal of the euro's losses on the day against th
Published 17 Feb, 2012 12:00am
Gold soars in New York

Gold soars in New York

Gold rose on Wednesday after China vowed to continue to invest in euro zone government debt, increasing gold's appeal as a hedge against inflation fuelled by ample liquidity in the financial system. Spot gold was up 0.4 percent at $1,725.79 an ounce by 3:
Published 17 Feb, 2012 12:00am
Gold down in Asia

Gold down in Asia

Gold weakened on Thursday, tracking a weaker euro, as hopes of solving Greece's crisis dimmed, with the euro zone pondering a delay of the bailout for the debt-ridden nation. Spot gold lost 0.6 percent to $1,717.91 an ounce by 0617 GMT on Thursday, revers
Published 17 Feb, 2012 12:00am
Gold falls in London

Gold falls in London

Gold fell for the sixth time in seven days on Thursday, under pressure from the drop in the euro after European officials delayed a decision on a bailout package for Greece, which fuelled fears the country could face a chaotic default. Spot gold was down
Published 17 Feb, 2012 12:00am
US MIDDAY: corn, wheat up

US MIDDAY: corn, wheat up

Corn and wheat futures rallied from three-week lows on Thursday on US export demand and a retreat in the dollar, while soyabeans consolidated near a four-month high. The US dollar erased early gains that had pressured grain markets overnight, as the euro
Published 17 Feb, 2012 12:00am
US MIDDAY: copper falls

US MIDDAY: copper falls

In New York, the key COMEX March contract fell 1.05 cents to settle at $3.7910 per lb, after dealing from a three-week low at $3.7275 to $3.8125. Volumes crossed 70,000 lots in late New York business, up more than 20 percent from the 30-day norm, accordin
Published 17 Feb, 2012 12:00am
US MIDDAY: gold flat

US MIDDAY: gold flat

Gold traded flat on Thursday, retracing early losses on optimism that a Greek bailout deal would be agreed next week. Bullion rose off its session low along with the stronger euro and US equities, as hopes rose that Greece had finally done enough to secur
Published 17 Feb, 2012 12:00am
Rs 9.1 million looted from bank in Peshawar

Rs 9.1 million looted from bank in Peshawar

Four masked robbers made good their escape after looting Rs 9.1 million from a branch of United Bank Limited (UBL) in commercial areas of Dabgari Garden in limits of cantonment circle in broad daylight here on Thursday.
Published 17 Feb, 2012 12:00am
Bad service delivery: Karachiites reluctant to pay PUC to KMC

Bad service delivery: Karachiites reluctant to pay PUC to KMC

Although the Sindh High Court has given go-ahead signal to Karachi Metropolitan Corporation (KMC) for collecting Public Utility Charges (PUC), the Karachiities are reluctant to pay the same due to the corporation's bad service delivery. The people of Kara
Published 17 Feb, 2012 12:00am
HCCI delegation visits SAU

HCCI delegation visits SAU

The Chairman Dairy & Dairy Products Sub-Committee Hyderabad Chamber of Commerce & Industry (HCCI) Haji Muhammad Aslam Nurban called on Chairman of Department of Animal Husbandry, Sindh Agriculture University (SAU), Professor Dr Muhammad Khaskheli here on
Published 17 Feb, 2012 12:00am
HCCI to cooperate in organising Hyderabad Exposition: Gohar

HCCI to cooperate in organising Hyderabad Exposition: Gohar

President of Hyderabad Chamber of Commerce & Industry Gohar Ullah has said that the HCCI will fully cooperate in organising the Expo Centre Hyderabad Exhibition. The exhibition will be organised by GITCO from 2nd to 4th March 2012. The managing partner of
Published 17 Feb, 2012 12:00am
Cold, dry weather forecast

Cold, dry weather forecast

The met office on Thursday forecast mainly cold and dry weather is expected in most parts of the country in the next 24 hours. The office said, however, rain with snowfall over the hills likely to occur at isolated places of Quetta, Zhob, Kalat and Malaka
Published 17 Feb, 2012 12:00am
Dr Subhani achieves remarkable feat

Dr Subhani achieves remarkable feat

Dr Muhammad Imtiaz Subhani achieved a remarkable feat by having his 27 papers published during 2011, which made him the most prolific researcher of Pakistan of the year. Dr MI Subhani heads Iqra University Research Center (IURC) and South Asian Journal of
Published 17 Feb, 2012 12:00am
Government accused of taking away all incentives from textile sector

Government accused of taking away all incentives from textile sector

Central Chairman Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea), Shehzad Salim, on Thursday said the government is taking away all the incentives from the textile sector thus making it impossible for our industry to compete w
Published 17 Feb, 2012 12:00am
PIA transferred ownership of six A310 aircraft

PIA transferred ownership of six A310 aircraft

PIA and Airbus signed an agreement for transfer of ownership of Six A310 aircraft which were acquired by the airline on lease in year 2004. Transfer of ownership of the six aircraft to national flag carrier is another step forward in implementing the Busi
Published 17 Feb, 2012 12:00am
Sindh Assembly's privilege body dysfunctional for three years

Sindh Assembly's privilege body dysfunctional for three years

The Sindh Assembly's privilege committee continues to remain unattended by its seven members since its inception around three years ago. According to assembly sources, the privilege committee was formed in April 2009 with a view to taking decisions on key
Published 17 Feb, 2012 12:00am
Workshop

Workshop

Punjab University Sports Department on Thursday organised a workshop on Physical Activities and Risk Management at Al-Raazi Hall, Undergraduate Study Centre. Professor Dr Shaukat Ali, Chairman Physics Department was the chief guest while DG Punjab Emergen
Published 17 Feb, 2012 12:00am
Scream holds seminar on terrorism

Scream holds seminar on terrorism

Waqar Khalid, Chairman, Scream - a non-government organisation, has said that people using name of Islam to promote terrorism do not deserve any mercy and we all have to be united against them. He said that university and college students and teachers can
Published 17 Feb, 2012 12:00am
'US interested in strengthening economic ties with Pakistan'

'US interested in strengthening economic ties with Pakistan'

US Commercial Counselor Brian McCleary said on Thursday that the US was interested in strengthening economic ties with Pakistan. Talking to Business Recorder, he further said that the US was very much aware of the importance of having economic ties
Published 17 Feb, 2012 12:00am
Millions of flood victims still at risk

Millions of flood victims still at risk

A feeble international response to Pakistan's second major flooding crisis in two years has left millions of people at serious risk of malnutrition and disease, aid groups warned Thursday. The Pakistan Humanitarian Forum (PHF), a network of the 41 largest
Published 17 Feb, 2012 12:00am
UET, PSF hold workshop on 'research grant opportunities'

UET, PSF hold workshop on 'research grant opportunities'

The University of Engineering & Technology (UET) in collaboration with Pakistan Science Foundation (PSF) held a workshop on "Research grant opportunities and proposal writing and funding", on Thursday. The University Vice Chancellor, Imtiaz Gilani, while
Published 17 Feb, 2012 12:00am
Supreme Court seeks details of doctors on strike in Punjab

Supreme Court seeks details of doctors on strike in Punjab

The Supreme Court has directed secretary health and advocate general Punjab to appear before the court today (Friday) along with details of doctors who have gone on strike and those suspended following the fake drugs issue. Referring to media reports abou
Published 17 Feb, 2012 12:00am
9.82 million saplings to be planted in Khyber Pakhtunkhwa

9.82 million saplings to be planted in Khyber Pakhtunkhwa

The Depart-ment of Forests, Khyber Pakhtunkhwa has sown 9.820 million saplings of different species that would be planted during spring tree plantation campaign 2012 with special focus on Malakand, Hazara and southern circles to arrest the effects of clim
Published 17 Feb, 2012 12:00am
Ahmadinejad meets Gilani

Ahmadinejad meets Gilani

Iranian President Mahmoud Ahmadinejad met Prime Minister Yousuf Raza Gilani at the PM House on Thursday evening and exchanged views on matters of mutual interest in a frank and cordial atmosphere. They also discussed bilateral co-operation in various fiel
Published 17 Feb, 2012 12:00am
Capital police nab 31 suspects

Capital police nab 31 suspects

Islamabad police on Thursday rounded up 31 suspects during search operation in different parts of the city. Police have conducted search operation in the limits of Bhara Kau, Aabpara, Tarnol, Nilore and Shehzad town police station. Inspector General of Po
Published 17 Feb, 2012 12:00am
Safta has potential to form a regional bloc: Prime Minister

Safta has potential to form a regional bloc: Prime Minister

Prime Minister Syed Yousuf Raza Gilani has said that Safta has the potential to establish a regional bloc with collective goals, and diversified abilities and potential as well as accelerate trade among the member countries. The prime minister was address
Published 17 Feb, 2012 12:00am
KSE, NAB resolve to address grievances of aggrieved investors

KSE, NAB resolve to address grievances of aggrieved investors

A meeting was held on Thursday between the National Accountability Bureau (Sindh) and the Karachi Stock Exchange. According to a press release, the NAB team was headed by DG-NAB (Sindh) Major Shabbir Ahmed (Retd) and accompanied by his team members, Ghula
Published 17 Feb, 2012 12:00am
PML-N moot for overseas Pakistanis

PML-N moot for overseas Pakistanis

Pakistan Muslim League (PML-N) to hold an Overseas Pakistanis seminar and International Conference. This was stated by the PML-N President Mian Nawaz Sharif while talking to Javed Malik, a prominent UAE based Pakistani who met him at his Raiwind residence
Published 17 Feb, 2012 12:00am
Profit after tax of Mari Gas increases to Rs 603.694 million

Profit after tax of Mari Gas increases to Rs 603.694 million

The profit after tax of Mari Gas Company Limited has increased to Rs 603.694 million in the quarter ended December 31, 2011 as compared to Rs 157.523 million earned in the corresponding period in 2010. The company's earning per share increased to Rs 1.22
Published 17 Feb, 2012 12:00am
Profit after tax of Mari Gas increases to Rs 603.694 million

Profit after tax of Mari Gas increases to Rs 603.694 million

The profit after tax of Mari Gas Company Limited has increased to Rs 603.694 million in the quarter ended December 31, 2011 as compared to Rs 157.523 million earned in the corresponding period in 2010. The company's earning per share increased to Rs 1.22
Published 17 Feb, 2012 12:00am
Burshane LPG earns Rs 28.677 million profit after tax

Burshane LPG earns Rs 28.677 million profit after tax

Burshane LPG (Pakistan) Limited (formerly Shell Gas LPG Pakistan Limited) has posted Rs 28.677 million as profit after tax in the quarter ended December 31, 2011 against Rs 1.654 million after tax loss in the same quarter in 2010. The company's earning pe
Published 17 Feb, 2012 12:00am
Burshane LPG earns Rs 28.677 million profit after tax

Burshane LPG earns Rs 28.677 million profit after tax

Burshane LPG (Pakistan) Limited (formerly Shell Gas LPG Pakistan Limited) has posted Rs 28.677 million as profit after tax in the quarter ended December 31, 2011 against Rs 1.654 million after tax loss in the same quarter in 2010. The company's earning pe
Published 17 Feb, 2012 12:00am
Two killed, three injured in road accident

Two killed, three injured in road accident

At least two persons were killed and three others injured in a road accident at Jackson police remits on Thursday. According to police, the incident took place at West Wharf road near TDLP Building where a speedy trailer (TLC-178) rammed into six vehicles
Published 17 Feb, 2012 12:00am
25 out of 27 candidates' nomination papers accepted

25 out of 27 candidates' nomination papers accepted

Sindh's Provincial Election Commissioner has accepted nominations of 25 out of 27 candidates of Senate election here on Thursday, the first day of scrutiny. This happened during a meeting held at the office of PEC for scrutiny of nomination papers. The me
Published 17 Feb, 2012 12:00am
Engro profit after tax soars to Rs 8.06 billion

Engro profit after tax soars to Rs 8.06 billion

The board of directors of Engro Corporation Limited has announced the achievement of the company; highest-ever profit after tax of Rs 8.06 billion for the year ended December 31, 2011. The company's board of directors approved a final cash dividend of 20
Published 17 Feb, 2012 12:00am
Engro profit after tax soars to Rs 8.06 billion

Engro profit after tax soars to Rs 8.06 billion

The board of directors of Engro Corporation Limited has announced the achievement of the company; highest-ever profit after tax of Rs 8.06 billion for the year ended December 31, 2011. The company's board of directors approved a final cash dividend of 20
Published 17 Feb, 2012 12:00am
Lyari operation: no notorious gangster arrested

Lyari operation: no notorious gangster arrested

Law Enforcement Agencies (LEAs) have appeared ineffective to nab any notorious gangster, despite displaying massive show of force during search operation in Lyari. Heavy contingent of police and rangers took part in the pre-informed targeted search operat
Published 17 Feb, 2012 12:00am
'Tariff protection to industry promotes inefficiencies'

'Tariff protection to industry promotes inefficiencies'

Reliance on tariffs for protection to industry was considered to make industry to rely heavily on tariff protection and promoting inefficiencies. The issue was highlighted during the visit of Dr Manzoor Ahmed, ex-ambassador of Pakistan to WTO to Engineeri
Published 17 Feb, 2012 12:00am
Baseless propaganda report: KESC criticises former union leader

Baseless propaganda report: KESC criticises former union leader

Karachi Electric Supply Company (KESC) has condemned the hoax propaganda of additional retrenchment in a section of media launched by self-proclaimed leaders of the defunct labour union, the aim of whom is to disrupt working atmosphere in the utility. Whi
Published 17 Feb, 2012 12:00am
Minister for effective measures against dengue

Minister for effective measures against dengue

Provincial Minister for Labour Haji Ehsanuddin Qureshi has said that elected representatives played a key role in promoting public awareness against dengue. Addressing the delegations of doctors, paramedics and labourers he said that every effort will be
Published 17 Feb, 2012 12:00am
Temporary registration of vehicles banned

Temporary registration of vehicles banned

Excise and Taxation Office (ETO) of Islamabad Capital Territory (ICT) has banned issuance of temporary registration number to vehicles in view of growing terror threats and rising trend in use of fake number plates. According to reliable sources, Interior
Published 17 Feb, 2012 12:00am
Relief goods worth Rs 300 million recovered through raids

Relief goods worth Rs 300 million recovered through raids

District Administration under the supervision of District Co-ordination Officer (DCO) conducted raid on 19 godowns in Chamkani area of Peshawar on Thursday and recovered relief goods including medicines, surgical equipments and cloths worth rupees 300 mil
Published 17 Feb, 2012 12:00am
Hina meets Commonwealth Secretary General

Hina meets Commonwealth Secretary General

Foreign Minister Hina Rabbani Khar on Thursday expressed Pakistan's desire for greater engagement with the Commonwealth and said it was well-placed to promote Commonwealth's agenda of democracy and development. In a meeting with Commonwealth Secretary Gen
Published 17 Feb, 2012 12:00am
Sudan gold-mining sector: businessmen invited to invest

Sudan gold-mining sector: businessmen invited to invest

A delegation of the stakeholders of mining sector and Pakistan Stone Development Company (PASDEC) officials here on Thursday called on Sudanese diplomats Mohamed Eldei Ali and Muaawia Omer and discussed the bilateral trade and investment opportunities in
Published 17 Feb, 2012 12:00am
Kunnar-Pasaki oilfield OGDCL expected to earn $450 million annually

Kunnar-Pasaki oilfield OGDCL expected to earn $450 million annually

The Oil and Gas Development Company (OGDCL) will earn $450 million annually after Kunnar-Pasaki gas oilfield starts its full production. According to sources in OGDCL, after the completion of first phase of the gas field with the production of 100 Million
Published 17 Feb, 2012 12:00am
SCCI demands proper facilities at Peshawar Airport

SCCI demands proper facilities at Peshawar Airport

Sarhad Chamber of Commerce and Industry (SCCI) demanded for proper facilities to exporters and passengers at Bacha Khan International Airport Peshawar. The issue was raised by acting SCCI president Ziaul Haq Sarhardi during a meeting with Manager Civil Av
Published 17 Feb, 2012 12:00am
Safta members discuss impediments to regional trade

Safta members discuss impediments to regional trade

Ministerial Council of South Asian Free Trade Area (Safta) on Thursday expressed concern over unnecessary delay in reduction of sensitive list, which is necessary to boost intra-Saarc trade. The representatives of Safta member countries discussed differen
Published 17 Feb, 2012 12:00am
Objectives behind Pakistan's creation not achieved: Shahbaz

Objectives behind Pakistan's creation not achieved: Shahbaz

Punjab Chief Minister, Muhammad Shahbaz Sharif has said that Pakistan was achieved after innumerable sacrifices under the dynamic leadership of Quaid-e-Azam so that Muslims of the subcontinent could lead their lives with honour and dignity and have avail
Published 17 Feb, 2012 12:00am
Trade volume between Pakistan, Indonesia may touch $2 billion mark

Trade volume between Pakistan, Indonesia may touch $2 billion mark

The trade volume between Pakistan and Indonesia will likely to touch $2 billion mark in a year after the implementation of Preferential Trade Agreement (PTA), said Ambassador of Indonesia Ishak Latuconsina on Thursday. The Embassy of Indonesia hosted a di
Published 17 Feb, 2012 12:00am
Pakistan' foreign exchange reserves surge by $78 million

Pakistan' foreign exchange reserves surge by $78 million

The country's total liquid foreign reserves surged by $78 million to $16.768 billion during the last week. According to State Bank of Pakistan, major increase has witnessed in the reserves held by banks, which went up by $116 million to $4.482 billion on
Published 17 Feb, 2012 12:00am
Six officials of Inland Revenue Service transferred

Six officials of Inland Revenue Service transferred

The Federal Board of Revenue (FBR) has transferred and posted six officials of Inland Revenue Service (Grade-20 to 21) with immediate effect. According to a notification issued here on Thursday.
Published 17 Feb, 2012 12:00am
SPSC declares successful candidates' names

SPSC declares successful candidates' names

The Sindh Public Service Commission Hyderabad has declared the names of successful candidates who were interviewed for the post of Subject Specialist Zoology (male) BPS-17 in Education & Literacy Department, Government of Sindh and Instructor/Lecturer Eng
Published 17 Feb, 2012 12:00am
Plastic makers to sign MoU with five Indian associations

Plastic makers to sign MoU with five Indian associations

Pakistan Plastic Manufacturer Association (PPMA) has agreed to sign memorandum of understanding (MoU) of co-operation with five Indian plastic associations. PPMA former Chairman Ehteshamuddin said the associations included All India Plastics Manufacturers
Published 17 Feb, 2012 12:00am
Non-approval of negative list: Sharma threatens to wrap up his visit

Non-approval of negative list: Sharma threatens to wrap up his visit

Indian Minister for Commerce, Industry and Textile, Anand Sharma is said to have dropped a bombshell on Pakistani government on Valentine's Day (February 14), that he is wrapping up his visit from Karachi subsequent to learning that the Federal Cabinet di
Published 17 Feb, 2012 12:00am
Delay in SBP officers salary package

Delay in SBP officers salary package

On behalf of the officers of the State Bank of Pakistan (SBP), I would like to draw the attention of the Governor SBP towards the inordinate delay in the revision of their salaries, which, according to the bank's rules, should have been raised, with those
Published 17 Feb, 2012 12:00am
Drought hits Afghanistan's malnourished children

Drought hits Afghanistan's malnourished children

Inside a cold dark room of a mud hut, eight burka-clad women were huddled together while 30 others waited outside. Health workers were examining, weighing and measuring babies in an impoverished and severely drought-hit region of north-western Afghanistan
Published 17 Feb, 2012 12:00am
Fiction in fiscal laws through 'proviso' and 'deem' - I

Fiction in fiscal laws through 'proviso' and 'deem' - I

Tax and equity are strangers. One can not go by the notion as to what is just and expedient, notwithstanding the extravagant consequences which flow from giving the words their natural meaning. Fundamental principle for interpretation of tax laws is the p
Published 17 Feb, 2012 12:00am
Combating tax evasion and money laundering

Combating tax evasion and money laundering

It is a curious paradox that while funds for worthwhile industrial and business growth and public benefits are scarce in Pakistan, there is colossal unaccounted, untaxed, hidden money (foreign currency in circulation is far more than the total money suppl
Published 17 Feb, 2012 12:00am
MFN status for India

MFN status for India

The Indian Commerce Minister Anand Sharma, accompanied by a high powered business delegation as well as relevant government officials dealing with trade-related issues was no doubt disappointed of the outcome at the first-ever such visit by an Indian Comm
Published 17 Feb, 2012 12:00am
The curse of illiteracy

The curse of illiteracy

The fact that the literacy rate in Pakistan is one of the lowest in the world was never a secret. However, this squalid truth was confirmed once again by the latest "Annual Status of Education Report (ASER), Pakistan" which has revealed that Pakistan stan
Published 17 Feb, 2012 12:00am
18 cotton varieties approved for cultivation

18 cotton varieties approved for cultivation

The Punjab Seed Council on Thursday approved 18 cotton varieties for cultivation in Punjab in the 42nd meeting of the council. The proposals of 26 varieties of BT cotton/non-BT varieties evolved by research institutes of the government and private sector
Published 17 Feb, 2012 12:00am
LHC reserves verdict in UHS vice chancellor case

LHC reserves verdict in UHS vice chancellor case

A division bench of the Lahore High Court on Thursday reserved its verdict in a petition challenging the reappointment of Malik Hussain Mubashar as vice chancellor of the University of Health Sciences (UHS). Earlier, the petitioner counsel, Nasir Mehmood
Published 17 Feb, 2012 12:00am
Gilani, Karzai discuss regional situation

Gilani, Karzai discuss regional situation

Prime Minister Syed Yousuf Raza Gilani and Afghan President Hamid Karzai on Thursday met here and discussed bilateral issues and regional situation. Karzai is on a two-day official visit to join President Asif Ali Zardari and Iranian President Mahmoud Ahm
Published 17 Feb, 2012 12:00am
Saudi envoy meets Nawaz

Saudi envoy meets Nawaz

Saudi Ambassador to Pakistan, Abdul Aziz Ibrahim called on Pakistan Muslim League (PML-N), President, Nawaz Sharif at the latter's residence in Raiwind on Thursday. During the meeting, both leaders discussed bilateral ties between the two countries and ot
Published 17 Feb, 2012 12:00am
Senate elections: relations between PML-N, likeminded sour

Senate elections: relations between PML-N, likeminded sour

Pakistan Muslim League-Likeminded (PML-L) has decided to break its long association with Pakistan Muslim League-Nawaz (PML-N), as it feels betrayed by the PML-N leadership over award of Senate's tickets, well-informed sources told Business Recorder
Published 17 Feb, 2012 12:00am
Investment in early childhood education crucial: chief minister

Investment in early childhood education crucial: chief minister

Provincial Minister for Education, Mian Mujtaba Shuja-ur-Rehman said on Thursday that investment in Early Childhood Education (ECE) was crucial for bright and prosperous future of Punjab. He further said that the government was fully aware of the fact tha
Published 17 Feb, 2012 12:00am
Widows of Professor Channer given Rs one million cheques

Widows of Professor Channer given Rs one million cheques

Vice Chancellor University of Sindh Professor Dr Nazir A Mughal handed over two cheques of Rs one million (Rs 500,000 each) for financial assistance of two widows of Professor Bashir Ahmed Channer, Director Students Affairs, who was shot dead on January 2
Published 17 Feb, 2012 12:00am
OIC Ambassadors Roundtable: LCCI wins MoFA support

OIC Ambassadors Roundtable: LCCI wins MoFA support

The Lahore Chamber of Commerce and Industry on Thursday won the help and support of Ministry of Foreign Affairs (MoFA) over OIC Ambassadors Roundtable to strengthen liaison and boost trade with all the Islamic brotherly countries.
Published 17 Feb, 2012 12:00am
The Weather

The Weather

The weather report on Thursday (February 16, 2012) and the forecast for Friday (February 17, 2012).

Published 17 Feb, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (February 16, 2012).

Published 17 Feb, 2012 12:00am
'Government allocates Rs one billion to promote cottage industry'

'Government allocates Rs one billion to promote cottage industry'

Punjab Small Industries Corporation (PSIC) Director Riaz Khan Pasha has said that government had allocated rupees one billion for the promotion of cottage industry and for the uplift of skilled persons in rural as well as urban areas.
Published 17 Feb, 2012 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 17 Feb, 2012 12:00am
Time has come to wage peace, not war on Afghanistan: Maleeha

Time has come to wage peace, not war on Afghanistan: Maleeha

The time has come to wage peace and not war on Afghanistan by supporting the search for a negotiated settlement, as world centre of gravity iis shifting from west to east This was stated by Dr Maleeha Lodhi former ambassador to US and the UK, stressing th
Published 17 Feb, 2012 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 17 Feb, 2012 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Thursday (February 16, 2012).

Published 17 Feb, 2012 12:00am
Former Olympus president arrested

Former Olympus president arrested

The former president of under-fire Olympus has been arrested in Tokyo, prosecutors said Thursday, the latest twist in one of the biggest ever financial scandals to rock corporate Japan. Tsuyoshi Kikukawa - who has been named as a key player in a scheme to
Published 17 Feb, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (February 16, 2012).

Published 17 Feb, 2012 12:00am
Former Olympus president arrested

Former Olympus president arrested

The former president of under-fire Olympus has been arrested in Tokyo, prosecutors said Thursday, the latest twist in one of the biggest ever financial scandals to rock corporate Japan. Tsuyoshi Kikukawa - who has been named as a key player in a scheme to
Published 17 Feb, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (February 16, 2012) and for Friday (February 17, 2012).
Published 17 Feb, 2012 12:00am
Former Olympus president arrested

Former Olympus president arrested

The former president of under-fire Olympus has been arrested in Tokyo, prosecutors said Thursday, the latest twist in one of the biggest ever financial scandals to rock corporate Japan. Tsuyoshi Kikukawa - who has been named as a key player in a scheme to
Published 17 Feb, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (February 16, 2012).

Published 17 Feb, 2012 12:00am
US sets sanctions on Iran's intelligence ministry

US sets sanctions on Iran's intelligence ministry

The United States on Thursday announced sanctions on Iran's Ministry of Intelligence and Security (MOIS), which it accused of supporting terrorism, abusing the human rights of Iranian citizens and supporting the Syrian government's crackdown.
Published 17 Feb, 2012 12:00am
US sets sanctions on Iran's intelligence ministry

US sets sanctions on Iran's intelligence ministry

The United States on Thursday announced sanctions on Iran's Ministry of Intelligence and Security (MOIS), which it accused of supporting terrorism, abusing the human rights of Iranian citizens and supporting the Syrian government's crackdown.
Published 17 Feb, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (February 16, 2012).

Published 17 Feb, 2012 12:00am
US-Taliban talks only 'exploratory': Afghan envoy

US-Taliban talks only 'exploratory': Afghan envoy

The Afghan Taliban and the United States have made only "exploratory" contacts for possible reconciliation which do not involve the Kabul government, the Afghan ambassador to Pakistan said on Thursday. The Wall Street Journal said that the US and Afghan g
Published 17 Feb, 2012 12:00am