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Print - 2012-03-04
Housing finance sector: NPLs surge to Rs 19 billion

Housing finance sector: NPLs surge to Rs 19 billion

Non-Performing Loans (NPLs) of housing finance sector have mounted to Rs 19 billion, up by 2.4 percent, during the first quarter (July-September) of the current fiscal year mainly due to rising inflation and high interest rates.
Published 04 Mar, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 03, 2012).

Published 04 Mar, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 03, 2012).

Published 04 Mar, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 03, 2012).

Published 04 Mar, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 03, 2012).

Published 04 Mar, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 03, 2012).

Published 04 Mar, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 03, 2012).

Published 04 Mar, 2012 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (March 03, 2012).

Published 04 Mar, 2012 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (March 03, 2012).

Published 04 Mar, 2012 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 03, 2012).

Published 04 Mar, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 03, 2012).

Published 04 Mar, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (March 03, 2012) and for Sunday (March 04, 2012).
Published 04 Mar, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 03, 2012).

Published 04 Mar, 2012 12:00am
The Weather

The Weather

The weather report on Saturday (March 03, 2012) and the forecast for Sunday (March 04, 2012).

Published 04 Mar, 2012 12:00am
Army chief won't speculate on Pasha's tenure

Army chief won't speculate on Pasha's tenure

"Let the time come," stated Chief of Army Staff (COAS) General Pervaz Ashfaq Kayani during his recent visit to Jacobabad in response to a question about the extension in the tenure of Director General (DG) of the Inter-Services Intelligence (ISI) Lieutena
Published 04 Mar, 2012 12:00am
Army chief won't speculate on Pasha's tenure

Army chief won't speculate on Pasha's tenure

"Let the time come," stated Chief of Army Staff (COAS) General Pervaz Ashfaq Kayani during his recent visit to Jacobabad in response to a question about the extension in the tenure of Director General (DG) of the Inter-Services Intelligence (ISI) Lieutena
Published 04 Mar, 2012 12:00am
Jilani to take charge as foreign secretary tomorrow

Jilani to take charge as foreign secretary tomorrow

Syed Jalil Abbas Jilani, a top Pakistani diplomat will take charge as foreign secretary on Monday as his predecessor Salman Bashir retired on Saturday. The Foreign Office sources told Business Recorder that Jilani is the foreign secretary from Satu
Published 04 Mar, 2012 12:00am
Jilani to take charge as foreign secretary tomorrow

Jilani to take charge as foreign secretary tomorrow

Syed Jalil Abbas Jilani, a top Pakistani diplomat will take charge as foreign secretary on Monday as his predecessor Salman Bashir retired on Saturday. The Foreign Office sources told Business Recorder that Jilani is the foreign secretary from Satu
Published 04 Mar, 2012 12:00am
30 mmcfd gas to be added to system by March 15: Asim

30 mmcfd gas to be added to system by March 15: Asim

Special Assistant to Prime Minister on Petroleum and Natural Resources, Dr Asim Hussain has said that 30 mmcfd gas would be added to the system by March 15. Talking to Business Recorder on Saturday, Asim said the additional gas would come from Badi
Published 04 Mar, 2012 12:00am
30 mmcfd gas to be added to system by March 15: Asim

30 mmcfd gas to be added to system by March 15: Asim

Special Assistant to Prime Minister on Petroleum and Natural Resources, Dr Asim Hussain has said that 30 mmcfd gas would be added to the system by March 15. Talking to Business Recorder on Saturday, Asim said the additional gas would come from Badi
Published 04 Mar, 2012 12:00am
30 mmcfd gas to be added to system by March 15: Asim

30 mmcfd gas to be added to system by March 15: Asim

Special Assistant to Prime Minister on Petroleum and Natural Resources, Dr Asim Hussain has said that 30 mmcfd gas would be added to the system by March 15. Talking to Business Recorder on Saturday, Asim said the additional gas would come from Badi
Published 04 Mar, 2012 12:00am
Second Phase of laying of IP gas pipeline begins

Second Phase of laying of IP gas pipeline begins

The second phase of laying of Pak-Iran gas pipeline has started, a senior official said on Saturday. Petroleum Secretary Ejaz Chaudhry said 17 short listed companies have been issued tender papers. He said no company has yet been given the contract to lay
Published 04 Mar, 2012 12:00am
Second Phase of laying of IP gas pipeline begins

Second Phase of laying of IP gas pipeline begins

The second phase of laying of Pak-Iran gas pipeline has started, a senior official said on Saturday. Petroleum Secretary Ejaz Chaudhry said 17 short listed companies have been issued tender papers. He said no company has yet been given the contract to lay
Published 04 Mar, 2012 12:00am
Second Phase of laying of IP gas pipeline begins

Second Phase of laying of IP gas pipeline begins

The second phase of laying of Pak-Iran gas pipeline has started, a senior official said on Saturday. Petroleum Secretary Ejaz Chaudhry said 17 short listed companies have been issued tender papers. He said no company has yet been given the contract to lay
Published 04 Mar, 2012 12:00am
Iran touts high turnout, Ahmadinejad faction losing

Iran touts high turnout, Ahmadinejad faction losing

Iran, under intense Western pressure over its disputed nuclear programme, on Saturday declared an initial turnout of 64 percent in a parliamentary election shunned by most reformists as a sham. Iran's Islamic clerical leadership is eager to restore the da
Published 04 Mar, 2012 12:00am
Iran touts high turnout, Ahmadinejad faction losing

Iran touts high turnout, Ahmadinejad faction losing

Iran, under intense Western pressure over its disputed nuclear programme, on Saturday declared an initial turnout of 64 percent in a parliamentary election shunned by most reformists as a sham. Iran's Islamic clerical leadership is eager to restore the da
Published 04 Mar, 2012 12:00am
Iran discovers huge oil field

Iran discovers huge oil field

Iran has discovered one of its biggest oil fields with high quality crude in a southern province, the semi-official Mehr news agency quoted an official as saying on Saturday. "The preliminary studies show enormous crude reserves in this oil field, which c
Published 04 Mar, 2012 12:00am
Iran discovers huge oil field

Iran discovers huge oil field

Iran has discovered one of its biggest oil fields with high quality crude in a southern province, the semi-official Mehr news agency quoted an official as saying on Saturday. "The preliminary studies show enormous crude reserves in this oil field, which c
Published 04 Mar, 2012 12:00am
Iran discovers huge oil field

Iran discovers huge oil field

Iran has discovered one of its biggest oil fields with high quality crude in a southern province, the semi-official Mehr news agency quoted an official as saying on Saturday. "The preliminary studies show enormous crude reserves in this oil field, which c
Published 04 Mar, 2012 12:00am
Female presiding officers pardon Waheeda Shah

Female presiding officers pardon Waheeda Shah

The female Presiding Officer Habiba Memon and Assistant Presiding Officer Shagufta Memon, both came to record their statements in supervision of Waheeda Shah's personal staff, have pardoned the PPP's lady candidate for slapping them during the polling day
Published 04 Mar, 2012 12:00am
Female presiding officers pardon Waheeda Shah

Female presiding officers pardon Waheeda Shah

The female Presiding Officer Habiba Memon and Assistant Presiding Officer Shagufta Memon, both came to record their statements in supervision of Waheeda Shah's personal staff, have pardoned the PPP's lady candidate for slapping them during the polling day
Published 04 Mar, 2012 12:00am
Obama calls for new technologies to solve US energy problem

Obama calls for new technologies to solve US energy problem

President Barack Obama called Saturday for the development of new technologies to help tackle America's energy problems and the scrapping of a $4-billion-dollar tax break for oil companies. "We've got to develop new technology that will help us use new fo
Published 04 Mar, 2012 12:00am
Obama calls for new technologies to solve US energy problem

Obama calls for new technologies to solve US energy problem

President Barack Obama called Saturday for the development of new technologies to help tackle America's energy problems and the scrapping of a $4-billion-dollar tax break for oil companies. "We've got to develop new technology that will help us use new fo
Published 04 Mar, 2012 12:00am
Obama calls for new technologies to solve US energy problem

Obama calls for new technologies to solve US energy problem

President Barack Obama called Saturday for the development of new technologies to help tackle America''s energy problems and the scrapping of a $4-billion-dollar tax break for oil companies. "We''ve got to develop new technology that will help us use new
Published 04 Mar, 2012 12:00am
Key economic indicators: IMF and government projections at variance

Key economic indicators: IMF and government projections at variance

The International Monetary Fund and the government's statistical forecasts of key macroeconomic indicators are at variance, a comparison between the data released on the IMF website with respect to Article IV Consultations presented to the Executive Board
Published 04 Mar, 2012 12:00am
Key economic indicators: IMF and government projections at variance

Key economic indicators: IMF and government projections at variance

The International Monetary Fund and the government's statistical forecasts of key macroeconomic indicators are at variance, a comparison between the data released on the IMF website with respect to Article IV Consultations presented to the Executive Board
Published 04 Mar, 2012 12:00am
Key economic indicators: IMF and government projections at variance

Key economic indicators: IMF and government projections at variance

The International Monetary Fund and the government''s statistical forecasts of key macroeconomic indicators are at variance, a comparison between the data released on the IMF website with respect to Article IV Consultations presented to the Executive Boar
Published 04 Mar, 2012 12:00am
BP reaches $7.8 billion part settlement in US oil spill trial

BP reaches $7.8 billion part settlement in US oil spill trial

BP said it had reached a $7.8 billion (5.9 billion euro) deal to settle thousands of claims from fishermen and others affected by the Gulf of Mexico oil spill, ahead of a blockbuster US trial. The settlement announced Friday does not affect what is antici
Published 04 Mar, 2012 12:00am
BP reaches $7.8 billion part settlement in US oil spill trial

BP reaches $7.8 billion part settlement in US oil spill trial

BP said it had reached a $7.8 billion (5.9 billion euro) deal to settle thousands of claims from fishermen and others affected by the Gulf of Mexico oil spill, ahead of a blockbuster US trial. The settlement announced Friday does not affect what is antici
Published 04 Mar, 2012 12:00am
BP reaches $7.8 billion part settlement in US oil spill trial

BP reaches $7.8 billion part settlement in US oil spill trial

BP said it had reached a $7.8 billion (5.9 billion euro) deal to settle thousands of claims from fishermen and others affected by the Gulf of Mexico oil spill, ahead of a blockbuster US trial. The settlement announced Friday does not affect what is antici
Published 04 Mar, 2012 12:00am
People to be given relief in next budget: Prime Minister

People to be given relief in next budget: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Saturday said the government would give relief to the people in the next budget. "It is the only political government in the history of Pakistan which will present the fifth budget in May in which relief will be g
Published 04 Mar, 2012 12:00am
People to be given relief in next budget: Prime Minister

People to be given relief in next budget: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Saturday said the government would give relief to the people in the next budget. "It is the only political government in the history of Pakistan which will present the fifth budget in May in which relief will be g
Published 04 Mar, 2012 12:00am
People to be given relief in next budget: Prime Minister

People to be given relief in next budget: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Saturday said the government would give relief to the people in the next budget. "It is the only political government in the history of Pakistan which will present the fifth budget in May in which relief will be g
Published 04 Mar, 2012 12:00am
Rebel, army clashes kill nine in Somalia's Puntland

Rebel, army clashes kill nine in Somalia's Puntland

Islamist al Shabaab rebels attacked soldiers from Somalia's semi-autonomous Puntland region, leaving at least nine people dead on Saturday, officials said, in the latest sign of a resurgence by the militants in the area. Al Shabaab promised last week to s
Published 04 Mar, 2012 12:00am
Taliban infiltration very sophisticated: Afghan army

Taliban infiltration very sophisticated: Afghan army

The Taliban have a sophisticated system in place to infiltrate Afghanistan's security forces and vetting of recruits must be severely tightened, an Afghan army general said on Saturday. Infiltration has come under sharper focus because of a string of fata
Published 04 Mar, 2012 12:00am
35 dead as tornados rage across US

35 dead as tornados rage across US

Rescuers and residents searched house to house Saturday a day after tornadoes killed at least 35 people and injured hundreds, tearing across the US heartland and virtually wiping out communities. Even as stunned Americans grappled with the magnitude of th
Published 04 Mar, 2012 12:00am
35 dead as tornados rage across US

35 dead as tornados rage across US

Rescuers and residents searched house to house Saturday a day after tornadoes killed at least 35 people and injured hundreds, tearing across the US heartland and virtually wiping out communities. Even as stunned Americans grappled with the magnitude of th
Published 04 Mar, 2012 12:00am
Bangladesh assess Pakistan tour security

Bangladesh assess Pakistan tour security

Bangladesh promised Saturday to work towards bringing international cricket back to Pakistan after a three-year hiatus, kicking off a visit to assess security for a proposed series in April. "We will work hand in hand to convince our other colleagues ther
Published 04 Mar, 2012 12:00am
Bangladesh assess Pakistan tour security

Bangladesh assess Pakistan tour security

Bangladesh promised Saturday to work towards bringing international cricket back to Pakistan after a three-year hiatus, kicking off a visit to assess security for a proposed series in April. "We will work hand in hand to convince our other colleagues ther
Published 04 Mar, 2012 12:00am
Housing finance sector: NPLs surge to Rs 19 billion

Housing finance sector: NPLs surge to Rs 19 billion

Non-Performing Loans (NPLs) of housing finance sector have mounted to Rs 19 billion, up by 2.4 percent, during the first quarter (July-September) of the current fiscal year mainly due to rising inflation and high interest rates.
Published 04 Mar, 2012 12:00am
Housing finance sector: NPLs surge to Rs 19 billion

Housing finance sector: NPLs surge to Rs 19 billion

Non-Performing Loans (NPLs) of housing finance sector have mounted to Rs 19 billion, up by 2.4 percent, during the first quarter (July-September) of the current fiscal year mainly due to rising inflation and high interest rates.
Published 04 Mar, 2012 12:00am
Why states go to war

Why states go to war

War does not determine who is right - only who is left. - Bertrand Russell It is traditional to distinguish nations from states, whereas a nation consists of an ethnic or cultural community, a state is a political entity with a high degree of sovereignty
Published 04 Mar, 2012 12:00am
Asghar Khan's petition

Asghar Khan's petition

The hearing in the petition filed with the Supreme Court by Air Marshal Asghar Khan (Retd) questioning the legality of IJI funding in the early 1990s seems to have run into troubled waters - a part of the crucial record of its hearing in the initial stage
Published 04 Mar, 2012 12:00am
Data presentation: SBP needs to be more sensitive

Data presentation: SBP needs to be more sensitive

The news in "Business Recorder" on 27th February, 2012 that Pakistan's external debt servicing had crossed dollar 10 billion mark during July-December 2011, might have been received with a great deal of anxiety and given an impression of this payment head
Published 04 Mar, 2012 12:00am
One killed, three injured in accident

One killed, three injured in accident

A man was killed and three others sustained injuries in a road accident near Ghazipur at National Highway about 23 kilometres from here on Saturday. According to police a car on its way to Lahore from Karachi turned turtle and collided with another car co
Published 04 Mar, 2012 12:00am
LDA extends applications submission date with NTS

LDA extends applications submission date with NTS

Lahore Development Authority (LDA) on Saturday extended the last date for submission of applications with National Testing Service (NTS) to March 15. According to a LDA's spokesperson, applications are invited for 12 vacancies of office assistants, 20 pos
Published 04 Mar, 2012 12:00am
Jinnah College for Women holds 33rd annual day

Jinnah College for Women holds 33rd annual day

The 33rd annual day of Jinnah College for Women was held on Saturday in which cash prizes and souvenirs were distributed among the outstanding performer students of 2011, for their distinctions in various curricular, co-curricular and extracurricular acti
Published 04 Mar, 2012 12:00am
Prime Minister takes notice of Polio cases

Prime Minister takes notice of Polio cases

The Federal Minister Mola Bux Chandio said that Prime Minister of Pakistan took serious notice for still having Polio cases in the country and directed all the Federal Ministers/Cabinet members to visit their areas and personally monitor the anti-polio ca
Published 04 Mar, 2012 12:00am
KCCI, NICE sign MoU

KCCI, NICE sign MoU

The Karachi Chamber of Commerce and Industry (KCCI) and Newports Institute of Communications and Economics (NICE) have signed Memorandum of Undertaking (MoU) of co-operation and collaboration. President, KCCI, Mian Abrar Ahmad, and Rector, NICE, Ms Huma B
Published 04 Mar, 2012 12:00am
Ali Akbar Group holds sales team conference

Ali Akbar Group holds sales team conference

Ali Akbar Group, the leading agro-based company, held its annual sales team conference of its both segments Target Zarai Markaz and DJC in Bhurban. It was wowed by the speakers and participants of the conference that Pakistan has immense agricultural pote
Published 04 Mar, 2012 12:00am
Chief minister Sindh congratulates successful senators of PPP

Chief minister Sindh congratulates successful senators of PPP

PPP is the largest Party of the country which represents working class, labour community at all levels and in all sectors, as working class is the real pillar of development, progress and prosperity of Pakistan. This was stated by Chief Minister Sindh and
Published 04 Mar, 2012 12:00am
HHRD launches tree plantation drive in capital

HHRD launches tree plantation drive in capital

Helping Hand for Relief and Development (HHRD) has launched tree plantation campaign "Aik Bacha Aik Pouda" in league with Capital Development Authority (CDA) under which 10,000 saplings will be planted. This was revealed by Country Director HHRD, Fazalur
Published 04 Mar, 2012 12:00am
PMDC's golden jubilee celebrations to begin today

PMDC's golden jubilee celebrations to begin today

Pakistan Medical and Dental Council (PMDC) will arrange a function on Sunday on completion of its 50 years services related to the field of medical in the country. On the occasion of golden jubilee celebrations, Registrar, PMDC, Dr Ahmad Nadeem Akbar said
Published 04 Mar, 2012 12:00am
Nokia 808 PureView ushers in an era of revolution in Smartphone imaging

Nokia 808 PureView ushers in an era of revolution in Smartphone imaging

Nokia ushered in a new era in high-end smartphone imaging with the Nokia 808 PureView. This is the first smartphone bringing together high resolution sensors, exclusive Carl Zeiss optics and Nokia developed algorithms, which will support new high-end imag
Published 04 Mar, 2012 12:00am
Army Chief asked to take over Karachi's security

Army Chief asked to take over Karachi's security

All Karachi Tajir Ittehad (AKTI) has called the Army Chief, Pervaiz Ashfaq Kayani, to take over the city's security as the government has failed to protect the business community from extortionists, robbers and abductors. Talking to Business Recorder <
Published 04 Mar, 2012 12:00am
IMSciences holds one-day funfair

IMSciences holds one-day funfair

Institute of Management Sciences (IMSciences), Hayatabad arranged a one-day funfair. The funfair was inaugurated by Director, IMSciences, Professor, Dr Mohammad Mohsin. On this occasion, besides, Member Faculty and Event Organiser, Shehzad Hanif and other
Published 04 Mar, 2012 12:00am
45 suspects held in Capital

45 suspects held in Capital

The capital police on Saturday arrested 45 suspects during search operation in various localities including sector G-12 and other slum areas in the limits of Rama Police Station. A police official said Rama Police Station, under the supervision of SP (Sad
Published 04 Mar, 2012 12:00am
Wi-Fi internet service to be offered in Business Express Train

Wi-Fi internet service to be offered in Business Express Train

The Wi-Fi internet service will be started in Business Express Train from Monday (tomorrow) and all arrangements have been completed in this regard. Chief Operating Officer (COO) of Pak Business Train Ejaz Ahmad told Business Recorder here on Satur
Published 04 Mar, 2012 12:00am
'Education key to progress, development of any nation'

'Education key to progress, development of any nation'

Punjab University vice-chancellor Professor Dr Mujahid Kamran said education was the key to progress and development of any nation. He expressed his views on ninth Foundation Day Academic Prize Distribution ceremony organised by School for Contemporary an
Published 04 Mar, 2012 12:00am
Import of CNG kits, cylinders by OEM: ECC likely to take up issue

Import of CNG kits, cylinders by OEM: ECC likely to take up issue

The Economic Co-ordination Committee (ECC) is likely to take up the issue of banning import of CNG kits and cylinders by the Original Equipment Manufacturers (OEMs). Indus Motor Company's Chief Executive Pervez Ghias disclosed this while talking to a sele
Published 04 Mar, 2012 12:00am
Explosive material, anti-aircraft guns seized

Explosive material, anti-aircraft guns seized

Levies Force recovered a huge cache of explosive material including anti-aircraft guns, bombs and landmines when a timber-laden truck overturned in border town of Chaman on Saturday. Levies Officials told APP that a timber laden truck parked at local bus
Published 04 Mar, 2012 12:00am
Higher cost of production: PMPKL reduces operations at Mandra factory

Higher cost of production: PMPKL reduces operations at Mandra factory

The Management of Philip Morris (Pakistan) Limited ("PMPKL"/ "the Company") formerly Lakson Tobacco Company Limited has made the difficult yet necessary decision to reduce operations in its Mandra factory. The decision results from the disproportionate hi
Published 04 Mar, 2012 12:00am
Services lauded: CPWB facilitates 47,123 children

Services lauded: CPWB facilitates 47,123 children

Daniela Forte, Development Advisor Human Rights, European Union has lauded the efforts of Child Protection and Welfare Bureau (CPWB), Punjab for juvenile rights and welfare of destitute and neglected children. She said this while talking to CPWB Director
Published 04 Mar, 2012 12:00am
Chief minister Punjab takes notice of death of mother-child

Chief minister Punjab takes notice of death of mother-child

Punjab Chief Minister Muhammad Shahbaz Sharif has taken notice of death of a pregnant woman Shazia Maqbool and new born baby during delivery at Gillani Maternity Home by a so-called lady doctor in Okara and ordered strict action against concerned maternit
Published 04 Mar, 2012 12:00am
PCGA demands government to grant a bailout package

PCGA demands government to grant a bailout package

Pakistan Cotton Ginners Association (PCGA) has demanded of the Government to grant a bailout package for the cotton growers who had incurred a loss of more than Rs 225 billion due to the cartel of textile millers and said that Government should issue orde
Published 04 Mar, 2012 12:00am
14.37 million cotton bales reach ginners by February 29: PCGA

14.37 million cotton bales reach ginners by February 29: PCGA

Pakistan Cotton Ginners Association (PCGA) released its fortnightly report reveals that around 14.37 million cotton bales have been sourced to the country's ginners by February 29th, 2012, as revealed by the report, there has been a 25.01 percent increase
Published 04 Mar, 2012 12:00am
SCCI rejects hike in power, POL prices

SCCI rejects hike in power, POL prices

Almost all trade bodies including Sialkot Chamber of Commerce and Industry (SCCI) have rejected the increase of petroleum and electricity prices and termed the step to stabbing the industrial sector of the country. The cost production had been increased t
Published 04 Mar, 2012 12:00am
Surge in crime exposes poor performance of the police

Surge in crime exposes poor performance of the police

Despite tall claims of the police the incidents of robbery and car lifting witnessed a surge in the city as the city police registered 10 cases of robbery and 11 cases of car lifting this week, thereby exposing their poor performance. In the previous week
Published 04 Mar, 2012 12:00am
Agriculture Forum warns rulers not to trade with India

Agriculture Forum warns rulers not to trade with India

Agri Forum Pakistan, Chairman, Muhammad Ibrahim Mughal, has warned the rulers and the bureaucracy not to open trade with India as it would ruin the national economy and future of the coming generations. In a statement issued on Saturday, he claimed that o
Published 04 Mar, 2012 12:00am
Mansoor Ijaz clarifies

Mansoor Ijaz clarifies

The main character of Memogate scandal, Mansoor Ijaz has said that he did not mention any kind of direct contact between President Asif Ali Zardari and Chief of Army Staff, General Ashfaq Parvez Kayani, a private TV channel reported late Saturday night. A
Published 04 Mar, 2012 12:00am
No conversation between President, CoAS on May 1, 2011: ISPR

No conversation between President, CoAS on May 1, 2011: ISPR

The spokes-man of Inter Service Public Relations (ISPR) has clarified on Saturday that there was no conversation between the President and the Chief of Army Staff (COAS) on night between May 1 and 2, 2011. Referring to a statement of Mansoor Ijaz as repor
Published 04 Mar, 2012 12:00am
Statement attributed to President dismissed

Statement attributed to President dismissed

A section of the media has carried reports implying that President Asif Ali Zardari had through a phone call, on the night of May 2 raid on Osama Bin Laden, informed the army chief that the operation had been conducted with his approval. Spokesperson to t
Published 04 Mar, 2012 12:00am
Statement attributed to President dismissed

Statement attributed to President dismissed

A section of the media has carried reports implying that President Asif Ali Zardari had through a phone call, on the night of May 2 raid on Osama Bin Laden, informed the army chief that the operation had been conducted with his approval. Spokesperson to t
Published 04 Mar, 2012 12:00am
TRAP pact with donors: FBR asked to reduce field formations staff

TRAP pact with donors: FBR asked to reduce field formations staff

The Planning Commission has asked the Federal Board of Revenue (FBR) to reduce overall number of staff in the field formations following automation of taxation system as agreed with the donors under the Tax Administration Reform Project (TARP).
Published 04 Mar, 2012 12:00am
TRAP pact with donors: FBR asked to reduce field formations staff

TRAP pact with donors: FBR asked to reduce field formations staff

The Planning Commission has asked the Federal Board of Revenue (FBR) to reduce overall number of staff in the field formations following automation of taxation system as agreed with the donors under the Tax Administration Reform Project (TARP).
Published 04 Mar, 2012 12:00am
No conversation between President, CoAS on May 1, 2011: ISPR

No conversation between President, CoAS on May 1, 2011: ISPR

The spokes-man of Inter Service Public Relations (ISPR) has clarified on Saturday that there was no conversation between the President and the Chief of Army Staff (COAS) on night between May 1 and 2, 2011. Referring to a statement of Mansoor Ijaz as repor
Published 04 Mar, 2012 12:00am
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