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Print - 2012-04-22
Indian MPs press Sri Lanka to share power

Indian MPs press Sri Lanka to share power

Indian legislators Saturday asked neighbouring Sri Lanka to de-militarise former war zones and share political power with minority Tamils to ensure lasting peace. Indian national opposition leader Sushma Swaraj, leading a 12-member multi-party delegation,
Published 22 Apr, 2012 12:00am
French voters frustrated on eve of election day

French voters frustrated on eve of election day

French voters voiced disillusionment on Saturday at a campaign that many said ignored the country's real problems, on the eve of a first-round vote expected to send President Nicolas Sarkozy and Socialist rival Francois Hollande to a runoff next month.
Published 22 Apr, 2012 12:00am
Indonesia detains Afghan asylum seekers

Indonesia detains Afghan asylum seekers

Indonesian authorities were questioning more than 70 mostly Afghan asylum seekers bound for Australia Saturday after their boat was hit by a powerful wave, forcing them to swim to shore, officials said. Community members of Wonogoro beach on the eastern c
Published 22 Apr, 2012 12:00am
Indonesia detains Afghan asylum seekers

Indonesia detains Afghan asylum seekers

Indonesian authorities were questioning more than 70 mostly Afghan asylum seekers bound for Australia Saturday after their boat was hit by a powerful wave, forcing them to swim to shore, officials said. Community members of Wonogoro beach on the eastern c
Published 22 Apr, 2012 12:00am
Gun salutes mark Queen Elizabeth II's 86th birthday

Gun salutes mark Queen Elizabeth II's 86th birthday

Britain marked Queen Elizabeth II's 86th birthday on Saturday with 41-gun salutes at Hyde Park and the Tower of London, while the monarch herself celebrated with family. "The queen is spending the day privately," a Buckingham Palace spokesman told AFP, ad
Published 22 Apr, 2012 12:00am
China and North Korea hold highest-level talks

China and North Korea hold highest-level talks

China and North Korea on Saturday held their highest-level talks since Pyongyang staged a rocket launch that drew international censure, and they exchanged views about the tense Korean peninsula, according to an official Chinese news report. Wang Jiarui,
Published 22 Apr, 2012 12:00am
LHC CJ stresses implementation of judicial inquiries

LHC CJ stresses implementation of judicial inquiries

Chief Justice, Lahore High Court, Justice Sheikh Azmat Saeed on Saturday stressed if government opts for a judicial inquiry into recent tragic incident of airplane crash, on the public pressure, then its findings should also be implemented in letter and s
Published 22 Apr, 2012 12:00am
Officials asked for rain contingency plans

Officials asked for rain contingency plans

Commissioner Hyderabad Division Ahmed Bux Narejo has directed all deputy commissioners and heads of other allied departments of the division to prepare and submit pre and post-contingency plan of monsoon rains/floods so that necessary precautionary action
Published 22 Apr, 2012 12:00am
Recent rains cause heavy losses to important crops

Recent rains cause heavy losses to important crops

Recent spell of rains, hail and wind storm although provided some benefit to the sugar cane crop even then it caused heavy losses to wheat, canola, gram and sunflower crops in the country. This was claimed by the Agri Forum Pakistan Chairman Muhammad Ibra
Published 22 Apr, 2012 12:00am
Organ donation not un-Islamic: Naek

Organ donation not un-Islamic: Naek

Federal Law Minister Farooq H Naek has said organ donation and transplantation is not un-Islamic, as our religion attaches great value to saving human life. Speaking as a chief guest at a seminar on "Organ donation and transplantation" organised in collab
Published 22 Apr, 2012 12:00am
Nadeem Lodhi appointed Citi Country Officer-Pakistan

Nadeem Lodhi appointed Citi Country Officer-Pakistan

Nadeem Lodhi has been appointed as Citi Country Officer (CCO) for Pakistan wef April 23, 2012. Nadeem will report to Atiq Ur-Rehman, Cluster Head for the Middle East. As CCO, Nadeem will serve the critical role of protecting and leading the Citi franchise
Published 22 Apr, 2012 12:00am
Pakistan least-spending country in agriculture research: PARB

Pakistan least-spending country in agriculture research: PARB

Pakistan has been ranked as one of the least spending countries as far as agriculture research is concerned, which deprives farmers of higher productivity benefits besides increasing cost of production significantly.
Published 22 Apr, 2012 12:00am
Chief minister Punjab inaugurates anti-polio campaign

Chief minister Punjab inaugurates anti-polio campaign

Punjab Chief Minister Shahbaz Sharif has inaugurated a three-day anti-polio campaign by administering polio vaccine drops to the children in Children Hospital on Saturday. Representatives of World Health Organisation (WHO) and UNICEF, Member Provincial As
Published 22 Apr, 2012 12:00am
Ahmad Wasim nominated PJP Secretary-General

Ahmad Wasim nominated PJP Secretary-General

The central committee of Pakistan Justice Party unanimously nominates Ahmad Wasim as Secretary-General of the party. 'Business Recorder' learnt this Friday Ahmad Wasim, an advocate by profession, has been back recently from Norway to participate in nation
Published 22 Apr, 2012 12:00am
DCs get powers to issue arms licences

DCs get powers to issue arms licences

The Sindh government has given deputy commissioners the powers to issue arms licenses, according to a notification issued on Saturday. According to Sindh Home Department, the directives in this regard go into effect from May 1, 2012. As per the notificati
Published 22 Apr, 2012 12:00am
Police to maintain record of all rentals

Police to maintain record of all rentals

The Sindh government has decided to maintain a record of people living in rented properties so that police could take prompt action against anti-social elements, it is learnt. The Sindh Home Department issued a notification, imposing Section 144 of the Cr
Published 22 Apr, 2012 12:00am
China farmers to plant largest ever corn acreage in 2012

China farmers to plant largest ever corn acreage in 2012

Chinese farmers are set to expand corn acreage more than 2 percent t his year to reach its largest spread ever, despite a growth rate flat with last year, as record domestic prices and grain subsidies by Beijing cut into soya acreages. The lower soya acre
Published 22 Apr, 2012 12:00am
Italy's copper, alloy product output seen down

Italy's copper, alloy product output seen down

Output of copper and aluminium semi-finished products in Italy, a major European producer, is expected to fall this year as economic crisis and volatile metal prices hit demand, the director of Italy's non-ferrous metals association Assomet said. "We have
Published 22 Apr, 2012 12:00am
China in rubber market to replenish domestic inventory

China in rubber market to replenish domestic inventory

China is in the rubber market to replenish domestic inventory, but many tyre makers in the world's largest consumer are buying small quantities, waiting for physical prices in Southeast Asia to fall further, dealers said on Wednesday. Indonesia's tyre gra
Published 22 Apr, 2012 12:00am
Indian cotton exports hit 11.5 million bales mark

Indian cotton exports hit 11.5 million bales mark

India has exported a record 11.5 million bales of cotton this year, a senior government official said on Wednesday, clearing product left in limbo after it banned fresh overseas sales last month on worries about domestic supplies. India has a ban on fresh
Published 22 Apr, 2012 12:00am
Thai rice exports slump on intervention; Vietnamese exports surge

Thai rice exports slump on intervention; Vietnamese exports surge

Thai rice exports have halved from a year ago due to unrealistically lofty prices caused by government intervention, and prices are likely to stay high until the end of the second quarter which will cause exports to slump, traders said. Between January to
Published 22 Apr, 2012 12:00am
Thai raw sugar premiums strengthen

Thai raw sugar premiums strengthen

Thai raw sugar premiums strengthened this week after a sharp drop in New York futures spurred buying interest from consumers in Asia, but Indian white sugar prices slipped due to abundant supply, dealers said on Tuesday. Indonesia has yet to return to the
Published 22 Apr, 2012 12:00am
US gold posts one percent weekly drop

US gold posts one percent weekly drop

Gold ended nearly flat in thin trade on Friday, logging declines for two of the past three weeks as investors took to the sidelines ahead of a key US option expiration and a Federal Reserve policy meeting next week. The metal, which has tended to follow r
Published 22 Apr, 2012 12:00am
Commodity prices mixed on uncertain global outlook

Commodity prices mixed on uncertain global outlook

Commodity prices saw mixed fortunes this week as traders tracked concerns over the world economic outlook driven by fresh debt tensions in the eurozone, most notably Spain. "Commodity prices have posted widespread and broad-based price weakness over the w
Published 22 Apr, 2012 12:00am
Alcotexa keeps selling cotton

Alcotexa keeps selling cotton

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 951 tonnes of cotton in the week that ended on April 14, an Alcotexa official said on Tuesday. The sales comprised 569 tonnes of Giza 88 grade cotton and 382 tonnes of Giza 86,
Published 22 Apr, 2012 12:00am
Java roasters buy new crop

Java roasters buy new crop

Roasters in Indonesia's main island of Java are aggressively buying coffee from the new crop despite high premiums, while the differentials for Vietnamese beans could widen next week due to rising London futures, dealers said on Thursday. Vietnam and Indo
Published 22 Apr, 2012 12:00am
US to need more sugar despite USDA import increase

US to need more sugar despite USDA import increase

The United States will need to import more sugar on top of what the government was allowing because supplies remain tight in the domestic market, industry sources said Thursday. The US Agriculture Department on Wednesday approved an increase in raw sugar
Published 22 Apr, 2012 12:00am
Indian 2012 silver imports to decline

Indian 2012 silver imports to decline

Silver imports into India, the biggest consumer of the white metal, are likely to decline up to 27 percent this year on expectations of volatile prices, despite import duty remaining unchanged, the head of the country's biggest bullion importer said on Mo
Published 22 Apr, 2012 12:00am
Shah Abdul Latif University, Sindh Youth Council ink accord

Shah Abdul Latif University, Sindh Youth Council ink accord

A memorandum of understanding was inked between Shah Abdul Latif University and Sindh Youth Council, on the Salu Campus Khairpur on Friday. The purpose of this MoU is to create and maintain an effective working relationship between the SYC, represented by
Published 22 Apr, 2012 12:00am
Two bodies found

Two bodies found

Levis Force on Saturday morning recovered two bodies lying in the Gulistan area of Balochistan. Levis men on being informed reached an area in the suburb of Gulistan and shifted two bodies of unknown men to local hospital. Dead bodies which bore bullet sh
Published 22 Apr, 2012 12:00am
PTCL kicks off tree plantation campaign to mark Earth Day

PTCL kicks off tree plantation campaign to mark Earth Day

Pakistan Telecommunication Company Limited, the country's largest and only integrated telecom service provider, commemorated the international Earth Day 2012 by kicking off a tree plantation campaign. In a ceremony attended by PTCL officials and employees
Published 22 Apr, 2012 12:00am
New academic session at DCET to begin tomorrow

New academic session at DCET to begin tomorrow

The administration of Dawood College of Engineering and Technology (DCET) has announced that new admissions at the institution have been completed and classes of the new batch will start from Monday (tomorrow). The written test for new admission in variou
Published 22 Apr, 2012 12:00am
Opportunity for investment: SEDF to hold fourth awareness seminar

Opportunity for investment: SEDF to hold fourth awareness seminar

The Secretary to Government of Sindh Investment Ms Naheed Shah Durrani said that Sindh has great potential for investment and her department has launched a campaign for awareness and encouragement of progressive investors/ entrepreneurs who intend to intr
Published 22 Apr, 2012 12:00am
Unit certificates distributed among NIT employees

Unit certificates distributed among NIT employees

A special ceremony was held in NIT Head Office Karachi to distribute unit certificates against 12 percent NIT shares to employees under NIT Employees Empowerment Trust (NITEET) Scheme. Chairman and MD NITL, Wazir Ali Khoja distributed unit certificates am
Published 22 Apr, 2012 12:00am
Final Year MBBS paper today: LUMHS

Final Year MBBS paper today: LUMHS

The management of Liaquat University of Medical and Health Sciences (LUMHS) Jamshoro on Saturday rescheduled the paper of Final Year MBBS, which earlier was scheduled to be conducted on Saturday but postponed by the management.
Published 22 Apr, 2012 12:00am
Of lies, truth, 'soap operas' and nonsense

Of lies, truth, 'soap operas' and nonsense

This refers to the April 14th news report seen by viewers across the country on national TV that an erstwhile darling of the media, champion of the rule of law and flag-bearer of professional integrity, Aitzaz Ahsan going furious with the media, for calli
Published 22 Apr, 2012 12:00am
Norway relives painful memories as gunman testifies

Norway relives painful memories as gunman testifies

Norwegians on Friday were forced to relive the shock and horror of the July 22 attacks as Anders Behring Breivik told an Oslo court how he shot dead 69 people and injured many more in a shooting spree on what had been known as the idyllic island of Utoya.
Published 22 Apr, 2012 12:00am
Cost audit: companies engaged in manufacturing, processing and mining

Cost audit: companies engaged in manufacturing, processing and mining

Cost audit is the name of cost and benefit analysis or more appropriately cost performance review of the companies engaged in manufacturing, processing and mining. The cost auditor helps those who help themselves to identify grey areas of cost inefficienc
Published 22 Apr, 2012 12:00am
EU ban on Pakistani seafood exports

EU ban on Pakistani seafood exports

Managing Director Karachi Fish Harbour Authority Abdul Ghani Jokhio has accused the European Union (EU) of continuing the ban on Pakistan's fish exports for global political reasons. He inexplicably extrapolated that the ban is in lieu of Nato's military
Published 22 Apr, 2012 12:00am
Widening of yuan trading band

Widening of yuan trading band

In a milestone move, China expanded the trading band of its currency, the yuan, against the US dollar on 14th April. That, according to most analysts, underscores its ambition to liberalise its nascent financial markets and turn them into a global force.
Published 22 Apr, 2012 12:00am
Golden jubilee celebrations of Amin Maktab

Golden jubilee celebrations of Amin Maktab

The 50 years golden jubilee celebrations of "The Pakistan Society for Welfare of Mentally Retarded Children" entitled as Amin Maktab functioning in Lahore held a symposium on "Children and opportunities with intellectual impairment" was held in conjunctio
Published 22 Apr, 2012 12:00am
Free psychiatry camp on April 25

Free psychiatry camp on April 25

Mental Health Federation of Pakistan (MHFP) will organise a free psychiatry camp for poor patients suffering from mental illnesses on Wednesday, April 25 at 6-B-I, H-Block, Gulberg-II near Sherpao Bridge Lahore between 9.00 am to 1.00 pm. Mental Health Fe
Published 22 Apr, 2012 12:00am
Meeting held to review progress on BRTS project

Meeting held to review progress on BRTS project

Punjab Chief Minister Muhammad Shahbaz Sharif on Saturday presided over a meeting held to review progress on Bus Rapid Transit System (BRTS) Project in the provincial metropolis.
Published 22 Apr, 2012 12:00am
Indian businessmen keen to participate in 'My Karachi' exposition

Indian businessmen keen to participate in 'My Karachi' exposition

Indian business community has shown interest to participate in Karachi Chamber of Commerce and Industry (KCCI) annual event 'My Karachi - Oasis of Harmony' exhibition scheduled to be held in July 2012. After success of Lifestyle Pakistan exhibition held i
Published 22 Apr, 2012 12:00am
Rs 2.4 million extended to flood-hit farmers in Mian Gujar

Rs 2.4 million extended to flood-hit farmers in Mian Gujar

A grant of Rs 2.4 million rupees extended to more than 80 flood affected farmers and vendors belonging to Mian Gujar, district Peshawar. Small and Medium Enterprises Development Authority (Smeda), an implementing partner of UNDP-funded under "Early recove
Published 22 Apr, 2012 12:00am
PTCL celebrates International Earth Day

PTCL celebrates International Earth Day

Pakistan Telecommunication Company Limited (PTCL), the country's largest and only integrated telecom service provider, commemorated the International Earth Day 2012 by kicking off a tree plantation campaign. In a graceful ceremony attended by PTCL officia
Published 22 Apr, 2012 12:00am
List of prices of essential items issued in Lahore

List of prices of essential items issued in Lahore

District Coordination Officer Lahore, Noor-ul-Amin Mengal issued new prices' list (wholesale and retail) of essential items in district Lahore. He said stern action will be taken against the violators of new prices' list.
Published 22 Apr, 2012 12:00am
KBP protesting hike in power tariff today

KBP protesting hike in power tariff today

Kisan Board Pakistan (KBP Central Punjab) has decided to stage a sit-in on G T Road at Shahkot, Faisalabad, on Sunday to protest against electricity load shedding, unjustifiable increase in power charges and loot by the government in the name of fuel adju
Published 22 Apr, 2012 12:00am
Hashmi urges Nawaz to support decentralisation of powers

Hashmi urges Nawaz to support decentralisation of powers

Central Leader of the Pakistan Tehreek-i-Insaf (PTI) Javed Hashmi urged Pakistan Muslim League-N chief, Mian Nawaz Sharif to support demarcation of small provinces and decentralisation of powers. He was addressing a news conference here at Press Club on S
Published 22 Apr, 2012 12:00am
Lack of funds hinders running of freight trains: Bilour

Lack of funds hinders running of freight trains: Bilour

The freight train service had not become fully operational because of an acute shortage of funds, federal Minister for Railways Haji Ghulam Ahmad Bilour said on Saturday. Talking to officials during a visit to the Peshawar dry port, he said that the Afgha
Published 22 Apr, 2012 12:00am
Work on potable water project begins

Work on potable water project begins

Pakistan Village Development Programme (PVDP) with the financial assistance of Norwegian Church Aid (NCA) has started work on project for provision of potable water to 2,500 flood affected families in district Swat. The completion of the project will help
Published 22 Apr, 2012 12:00am
Purchase of plots: LDA advises buyers to ascertain legal position

Purchase of plots: LDA advises buyers to ascertain legal position

Keeping in view frequent complaints regarding sale of plots on additional land or un-approved area by the sponsors of approved private housing schemes, Lahore Development Authority (LDA) has advised the intending buyers for ascertaining the legal position
Published 22 Apr, 2012 12:00am
Woman hurt in Osta Muhammad shootout

Woman hurt in Osta Muhammad shootout

A woman received injuries in an exchange of fire between police and armed men in Osta Muhammad area of Jaffarabad district. Police said on Saturday that acting on information about presence of bandits in a house in village Amir Jan in Osta Muhammad tehsil
Published 22 Apr, 2012 12:00am
Allama Iqbal's death anniversary observed

Allama Iqbal's death anniversary observed

The 74th death anniversary of Dr Allama Iqbal was observed on Saturday in his native city. A large number of people from all walks of life visited Iqbal Manzil, his birthplace. Quran Khawani was held at Iqbal Manzil under the auspices of Bazam-e-Iqbal, in
Published 22 Apr, 2012 12:00am
Khyber Pakhtunkhwa Rescue 1122 launches awareness week from tomorrow

Khyber Pakhtunkhwa Rescue 1122 launches awareness week from tomorrow

Emergency Response Rescue 1122, Khyber Pakhtunkhwa will launch a weeklong awareness campaign from Monday (tomorrow). Briefing the newsmen regarding the activities of the awareness week, Director General (DG), Rescue 1122, Khyber Pakhtunkhwa, Dr Shams-ul-H
Published 22 Apr, 2012 12:00am
FBR endeavours to bring sales tax ratio down to single digit

FBR endeavours to bring sales tax ratio down to single digit

Federal Board of Revenue (FBR) Member Inland Revenue Shahid Hussein Asad has said that efforts are being made to bring down sales tax ratio to single digit in next few years. It is also being considered to exempt annual income up to 350,000 from the incom
Published 22 Apr, 2012 12:00am
Provision of justice to people prime aim of judges: Morocco CJ

Provision of justice to people prime aim of judges: Morocco CJ

Chief Justice, Mustapha Fares, Supreme Court of Morocco, said the prime objective of the judges and the court is to provide justice to the people and the provision of justice could be made in an effective manner with active co-operation of the bench and t
Published 22 Apr, 2012 12:00am
Education Department fails to launch Chinese language programme

Education Department fails to launch Chinese language programme

The Sindh Education and Literacy Department has failed to launch 'Introduction of Chinese language programme' in schools and colleges of the province despite passage of more than one and a half months. The programme should have been launched on 1st March
Published 22 Apr, 2012 12:00am
Government's anti-traders policies criticised

Government's anti-traders policies criticised

Adviser to Chief Minister on Trade Affairs Mohammad Ali Mian on Saturday said that federal government's anti-traders policies have destroyed businesses and industry. He was talking to the delegation of traders of Ferozepur Road and other markets. He said
Published 22 Apr, 2012 12:00am
Abducted trader recovered

Abducted trader recovered

Police got released an abducted trader after exchange of fire with the kidnappers in Dera Murad Jamali town of Nasirabad district. Police said on Saturday that a gang of armed men kidnapped a local trader Habibullah at gunpoint and took him along with the
Published 22 Apr, 2012 12:00am
Two killed in drive-by shooting

Two killed in drive-by shooting

Although Sindh police have directed the restaurant owners to suspend all commercial activities by 11pm to avoid firing incidents, two more persons were shot dead in Sohrab Goth police remits. According to police and rescue sources, two men - Nisar Khuda B
Published 22 Apr, 2012 12:00am
'Polio eradication sole responsibility of the state'

'Polio eradication sole responsibility of the state'

Chief Justice, Peshawar High Court, Justice Dost Mohammad Khan has said that polio eradication is not only ethical and scientific but legal and constitutional responsibility of the state and apart from the steps the state and the Court had so far taken, i
Published 22 Apr, 2012 12:00am
'Sindh lacks accountability process for flood expenditures'

'Sindh lacks accountability process for flood expenditures'

"Sindh government has no any established and transparent accountability process for the expenditures made during the floods of 2010, and heavy rains of 2011", said Haleem Adil Shaikh, Adviser to Sindh Chief Minister. While briefing a public hearing, he sa
Published 22 Apr, 2012 12:00am
Ban imposed on digging soil

Ban imposed on digging soil

Administrator, DCO Lahore Noorul Amin Mengal has imposed ban on excavation, digging of soil within the territorial limits of District Lahore under Section 144. According to a City District Government Lahore's spokesperson, the DCO has issued order in this
Published 22 Apr, 2012 12:00am
74th death anniversary: GCU team lays floral wrath at Iqbal Mazar

74th death anniversary: GCU team lays floral wrath at Iqbal Mazar

A delegation of Government College University (GCU) Lahore, Majlis-e-Iqbal, on Saturday visited the mausoleum of Old Ravian Allama Muhammad Iqbal on his 74th death anniversary. The delegation comprising a large number of GCU students and teachers laid a f
Published 22 Apr, 2012 12:00am
Two gunned down in Quetta

Two gunned down in Quetta

Two persons of Hazara community were gunned down here near Fatima Jinaah TB sanatorium on Brewery Road on Saturday. Police said unidentified armed assailants opened fire at Baban Ali and Hussain Ali who were on way to bazaar on a motorbike from their home
Published 22 Apr, 2012 12:00am
FBR employees: MoF requests Gilani to de-freeze special allowance

FBR employees: MoF requests Gilani to de-freeze special allowance

The Ministry of Finance has requested Prime Minister Yousuf Raza Gilani to de-freeze the special allowance on the basic pay of the employees of the Federal Board of Revenue, fulfilling a major demand of the tax machinery. Sources told Business Recorder
Published 22 Apr, 2012 12:00am
CCP has no mandate for certification of auction processes

CCP has no mandate for certification of auction processes

It is not in the mandate of Competition Commission of Pakistan (CCP) to certify auction processes; however, we (CCP officials) are watchful of the provisions that may have competition concern in such matters, according to CCP authorities here on Saturday.
Published 22 Apr, 2012 12:00am
SZABIST, Burhani Bank, AFIT organise blood donation camp

SZABIST, Burhani Bank, AFIT organise blood donation camp

In order to save the lives of Thalassemia patients Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (SZABIST) Islamabad campus organised a three-day blood donation camp in collaboration with Burhani Bank Limited and Armed Forces Institution
Published 22 Apr, 2012 12:00am
Nawaz condoles death

Nawaz condoles death

President Pakistan Muslim League-N Nawaz Sharif went to the residence of Member National Assembly Anusha Rehman to condole the death of her mother-in-law. Nawaz prayed that may Allah Almighty rest the departed soul in eternal peace and grant courage and s
Published 22 Apr, 2012 12:00am
Former judge passes away

Former judge passes away

Former judge of the Lahore High Court Justice Muhammad Ghani passed away on Friday night. His funeral prayers will be offered at 1.30 pm., on Sunday (today) after Zohar at 11-E, Saman Burg, Johar Town, Lahore.
Published 22 Apr, 2012 12:00am
Parliament should supervise plane-crash probe: Sattar

Parliament should supervise plane-crash probe: Sattar

Parliamentary leader of the Muttahida Qaumi Movement (MQM) Farooq Sattar on Saturday called for conducting investigations into the plane crash under the supervision of the Parliament. On his arrival with the relatives of the air crash victims from Karachi
Published 22 Apr, 2012 12:00am
Chief minister Punjab for transparent probe into air crash

Chief minister Punjab for transparent probe into air crash

Punjab Chief Minister Shahbaz Sharif on Saturday called for transparent probe to ascertain the causes of crash and on whose direction Bhoja Airlines was allowed to resume operations despite being defaulter of billions of rupees. Talking to reporters upon
Published 22 Apr, 2012 12:00am
Power shortfall exceeds 6,000 megawatts

Power shortfall exceeds 6,000 megawatts

Power shortfall continued the current week as well as, the independent sources claimed the shortfall has exceeded 6,000MW leading to power outages for long duration. Especially, the rural areas were the worst hit, as 20 hours of load shedding is taking pl
Published 22 Apr, 2012 12:00am
Energy-related problems: industrialists confused about getting help

Energy-related problems: industrialists confused about getting help

The government's move to wind up the Pakistan Electric Power Company (Pepco) and shift all of its powers to the Basharat Cheema-led Energy Management Cell has confused industrial consumers. They wonder whom to approach for redressing their energy-relating
Published 22 Apr, 2012 12:00am
Dutch senior experts to help Pakistani businesses

Dutch senior experts to help Pakistani businesses

Dutch senior experts are ready to help Pak businesses cope with capacity and production-related challenges as economy of this resource-rich country is in shambles only because of non-availability of up-to-date information. This was stated by Senior Dutch
Published 22 Apr, 2012 12:00am
Plane crash: Altaf demands high level inquiry

Plane crash: Altaf demands high level inquiry

Muttahida Quami Movement (MQM) Chief Altaf Hussain demanded of President Asif Zardari and Prime Minister Yousuf Raza Gilani that high level inquiry should be held in tragic crash of Bhoja Airline plane and its findings be made public. He said plane crash
Published 22 Apr, 2012 12:00am
Special bank booths set up at 19 procurement centres

Special bank booths set up at 19 procurement centres

Punjab Food Department has set up 'special bank booths' at 19 big procurement centers across the province to facilitate the growers in getting payment of their grains during the coming wheat procurement drive. Special Assistant to the Chief Minister Punja
Published 22 Apr, 2012 12:00am
UNSC approves up to 300 Syrian truce monitors

UNSC approves up to 300 Syrian truce monitors

The UN Security Council unanimously adopted a resolution on Saturday that authorises an initial deployment of up to 300 unarmed military observers to Syria for three months to monitor a fragile week-old cease-fire in a 13-month old conflict.
Published 22 Apr, 2012 12:00am
UNSC approves up to 300 Syrian truce monitors

UNSC approves up to 300 Syrian truce monitors

The UN Security Council unanimously adopted a resolution on Saturday that authorises an initial deployment of up to 300 unarmed military observers to Syria for three months to monitor a fragile week-old cease-fire in a 13-month old conflict.
Published 22 Apr, 2012 12:00am
Hike in POL prices: essential items likely to become costlier

Hike in POL prices: essential items likely to become costlier

The prices of food and other essential items are likely to go up by 20 to 25 percent due to increase in POL prices by the end of this month, traders said on Saturday. A brief visit to different markets revealed that business activities were slowing down s
Published 22 Apr, 2012 12:00am
Hike in POL prices: essential items likely to become costlier

Hike in POL prices: essential items likely to become costlier

The prices of food and other essential items are likely to go up by 20 to 25 percent due to increase in POL prices by the end of this month, traders said on Saturday. A brief visit to different markets revealed that business activities were slowing down s
Published 22 Apr, 2012 12:00am
Hike in POL prices: essential items likely to become costlier

Hike in POL prices: essential items likely to become costlier

The prices of food and other essential items are likely to go up by 20 to 25 percent due to increase in POL prices by the end of this month, traders said on Saturday. A brief visit to different markets revealed that business activities were slowing down s
Published 22 Apr, 2012 12:00am
Kitchen items stay on high side

Kitchen items stay on high side

Prices of most of the essential kitchen items remained on the high side during last week as compared to the preceding week, reveals a survey conducted by Business Recorder here on Saturday. Traders and wholesalers in different markets of the twin c
Published 22 Apr, 2012 12:00am
Kitchen items stay on high side

Kitchen items stay on high side

Prices of most of the essential kitchen items remained on the high side during last week as compared to the preceding week, reveals a survey conducted by Business Recorder here on Saturday. Traders and wholesalers in different markets of the twin c
Published 22 Apr, 2012 12:00am
Kitchen items stay on high side

Kitchen items stay on high side

Prices of most of the essential kitchen items remained on the high side during last week as compared to the preceding week, reveals a survey conducted by Business Recorder here on Saturday. Traders and wholesalers in different markets of the twin c
Published 22 Apr, 2012 12:00am
No progress on barter trade with Iran yet

No progress on barter trade with Iran yet

Pakistan will export a million tons of wheat and 200,000 tons of rice to Iran in exchange for fertiliser and iron ore under a barter system, a move aimed at enhancing bilateral trade between the two countries. Chief Executive Officer of the Harvest Tradin
Published 22 Apr, 2012 12:00am
No progress on barter trade with Iran yet

No progress on barter trade with Iran yet

Pakistan will export a million tons of wheat and 200,000 tons of rice to Iran in exchange for fertiliser and iron ore under a barter system, a move aimed at enhancing bilateral trade between the two countries. Chief Executive Officer of the Harvest Tradin
Published 22 Apr, 2012 12:00am
No progress on barter trade with Iran yet

No progress on barter trade with Iran yet

Pakistan will export a million tons of wheat and 200,000 tons of rice to Iran in exchange for fertiliser and iron ore under a barter system, a move aimed at enhancing bilateral trade between the two countries. Chief Executive Officer of the Harvest Tradin
Published 22 Apr, 2012 12:00am
Local government system: PPP, MQM fail to reach consensus on draft

Local government system: PPP, MQM fail to reach consensus on draft

Pakistan People's Party (PPP) and Muttahida Qaumi Movement (MQM) could not reach consensus on the draft of the new local government system. The meeting of the core committee will be held again today (Sunday), Business Recorder has learnt. The meeti
Published 22 Apr, 2012 12:00am
Local government system: PPP, MQM fail to reach consensus on draft

Local government system: PPP, MQM fail to reach consensus on draft

Pakistan People's Party (PPP) and Muttahida Qaumi Movement (MQM) could not reach consensus on the draft of the new local government system. The meeting of the core committee will be held again today (Sunday), Business Recorder has learnt. The meeti
Published 22 Apr, 2012 12:00am
3,950 hand grenades recovered

3,950 hand grenades recovered

Crime Investigation Department (CID) seized a big cache of hand grenades from a factory in Kornagi area on Saturday. As per details, Crime Investigation Department (CID) police on the directives of Superintendent of Police (SP) Crime Investigation Departm
Published 22 Apr, 2012 12:00am
3,950 hand grenades recovered

3,950 hand grenades recovered

Crime Investigation Department (CID) seized a big cache of hand grenades from a factory in Kornagi area on Saturday. As per details, Crime Investigation Department (CID) police on the directives of Superintendent of Police (SP) Crime Investigation Departm
Published 22 Apr, 2012 12:00am
IMF faces reforms pressure after big fund-raiser

IMF faces reforms pressure after big fund-raiser

The IMF, newly flush with a huge crisis fund, faced pressure Saturday to get moving on promised reforms that give a greater voice to developing countries by reducing Europe''s clout. With minor reforms agreed in 2010 not yet in place, the International Mo
Published 22 Apr, 2012 12:00am
IMF faces reforms pressure after big fund-raiser

IMF faces reforms pressure after big fund-raiser

The IMF, newly flush with a huge crisis fund, faced pressure Saturday to get moving on promised reforms that give a greater voice to developing countries by reducing Europe's clout. With minor reforms agreed in 2010 not yet in place, the International Mon
Published 22 Apr, 2012 12:00am
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