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Print - 2012-06-05
Expectation of fresh measures boost European shares

Expectation of fresh measures boost European shares

Eurozone equities nudged higher on Monday as market talk of fresh measures from policymakers to help the region's troubled banking sector sparked a rally in battered Spanish, French and Italian stocks, eclipsing a drop in the German DAX. Frankfurt's indus
Published 05 Jun, 2012 12:00am
Indian rupee falls

Indian rupee falls

The Indian rupee weakened for the first day in three against the dollar, retreating from a one-week high earlier, as oil importers stepped in to buy the US unit, while waning greenback sales by corporates and exporters in late trade also hurt. Despite Mon
Published 05 Jun, 2012 12:00am
Yuan closes flat

Yuan closes flat

The yuan closed flat on Monday after a day of restrained volatility, as traders waited for further cues on how economic uncertainties in Europe will play out in the Chinese currency. The People's Bank of China (PBOC) allowed the yuan to post a historical
Published 05 Jun, 2012 12:00am
Aussie and New Zealand dollar under pressure

Aussie and New Zealand dollar under pressure

The Australian and New Zealand dollars wallowed near multi-month lows on Monday as a rout in Asian stocks added to jitters in a market already fretting about Europe's debt crisis and slower global growth. The Aussie dipped 0.4 percent on the day to $0.965
Published 05 Jun, 2012 12:00am
Ringgit touches eight-month low

Ringgit touches eight-month low

The Malaysian ringgit hit an eight-month low and the Taiwan dollar touched a four-month trough on Monday on heightened worries about global growth after data last week showed surprisingly weak US job growth in May. Most emerging Asian currencies were weak
Published 05 Jun, 2012 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 81.91-81.94 (previous 81.90-81.94). Call Money Rates: 9.25-15.00 percent (previous 9.25-15.00 percent.
Published 05 Jun, 2012 12:00am
Euro off lows, yen checked by intervention jitters

Euro off lows, yen checked by intervention jitters

The euro held steady as peripheral bond yields eased on Monday and led some investors to pare bearish bets against the common currency, while concerns over Spain's ailing banking sector and global growth supported the greenback and the yen. Grim US jobs d
Published 05 Jun, 2012 12:00am
Early trade in New York: euro rallies against the dollar, yen

Early trade in New York: euro rallies against the dollar, yen

The euro rallied against the dollar and the yen on Monday as investors bet European authorities can keep the euro zone intact, though concerns over Spain's ailing banking sector and global growth continued to cap gains. France and the European Commission
Published 05 Jun, 2012 12:00am
Euro edges back towards two-year low in Asia

Euro edges back towards two-year low in Asia

The euro edged back towards a two-year low against the dollar on Monday, failing to hold on to the previous session's gains as concerns over the euro zone and sluggish global growth overcame hopes for more fiscal stimulus in the wake of a grim US jobs rep
Published 05 Jun, 2012 12:00am
Almagro, Ferrer into last eight at French Open

Almagro, Ferrer into last eight at French Open

Nicolas Almagro of Spain reached the French Open quarter-finals on Monday with a dominant 6-4, 6-4, 6-4 win over Janko Tipsarevic of Serbia. The 12th seed will play either second seed and defending champion Rafael Nadal of Spain or Juan Monaco of Argentin
Published 05 Jun, 2012 12:00am
Australian shares slump

Australian shares slump

Australian shares slumped 1.9 percent to a six-month low on Monday as investors joined a global flight out of risky assets, triggered by fresh concerns over a global economic slowdown after anaemic US jobs figures and soft Chinese factory data. The day's
Published 05 Jun, 2012 12:00am
Southeast Asian stocks extend drop

Southeast Asian stocks extend drop

Southeast Asian stock markets fell on Monday as investors dumped risky assets across the region on heightened fears of a global slowdown after disappointing data from US and China. Indonesia's Jakarta Composite was one of the region's worst performers on
Published 05 Jun, 2012 12:00am
Hang Seng at 2012 low

Hang Seng at 2012 low

Hong Kong shares tumbled 2 percent to their lowest close for the year on Monday as weak US data added to worries about Europe's deepening debt crisis and China's slowing economy, driving investors out of riskier assets. All major Asian stock markets slump
Published 05 Jun, 2012 12:00am
South Korean shares fall

South Korean shares fall

South Korean shares ended at their lowest in two-and-a-half weeks on Monday, just above an intraday low for the year set during the session, as US jobs data aggravated worry about a global slowdown and sent investors fleeing risky assets. The Korea Compos
Published 05 Jun, 2012 12:00am
Taiwan stocks tumble

Taiwan stocks tumble

Taiwan stocks posted their worst fell in more than six months on Monday, hit by a regional sell-off on fears of a global economic downturn, and by concerns about a planned capital gains tax plan. Finance minister Chang Sheng-ho told reporters on the sidel
Published 05 Jun, 2012 12:00am
London markets closed

London markets closed

London stocks, financial and commodity markets were closed on Monday and will remained closed on Tuesday for the Queen's diamond Jubilee celebration. The markets resume trading on Wednesday.
Published 05 Jun, 2012 12:00am
Indian shares recover on rate cut hopes

Indian shares recover on rate cut hopes

India's main indexes recovered on Monday after earlier hitting their lowest intraday levels since early January, as hopes for interest rate cuts sparked gains in banks, while bargain-hunting lifted bluechips such as Larsen & Toubro. Falling oil prices as
Published 05 Jun, 2012 12:00am
India admits it has no fiscal firepower

India admits it has no fiscal firepower

India's finance minister admitted Monday that the government had no scope to increase public spending to spur the flagging economy, but said interest rate cuts might be possible. Shock economic growth figures published last Thursday showed the Indian econ
Published 05 Jun, 2012 12:00am
Li crashes, Sharapova struggles into quarters

Li crashes, Sharapova struggles into quarters

Defending champion Li Na of China crashed out of the French Open on Monday while Maria Sharapova overcame a catalogue of errors on a bitterly cold day in Paris to struggle into the quarter-finals for the sixth time. Li, who was Asia's first Grand Slam sin
Published 05 Jun, 2012 12:00am
Pybus seeks Bangladesh improvement

Pybus seeks Bangladesh improvement

Bangladesh's new coach Richard Pybus said Monday he wanted his team to build on encouraging results in recent times in order to compete strongly in international cricket. "We want to go up in the rankings in all formats," the 47-year-old Englishman said i
Published 05 Jun, 2012 12:00am
Asfandyar, Tahir lead in World-wide Bridge

Asfandyar, Tahir lead in World-wide Bridge

Pakistan's teenage-star Asfandyar Hussain pairing with national star Tahir Abbas carved history in Pakistan to achieve the distinction of heading second day in the World-wide Bridge, Pakistan Mind Sports Association (SMAP) announced on Monday.
Published 05 Jun, 2012 12:00am
Sohail Tanvir included into ODI squad

Sohail Tanvir included into ODI squad

Pakistan on Monday added Sohail Tanvir to the One-day squad against Sri Lanka after the left-arm paceman excelled in the Twenty20 series draw, fast bowler Sohail Tanvir has been retained for the ODI squad and will replace the injured opening batsman Nasir
Published 05 Jun, 2012 12:00am
Magical Woods claims 73rd PGA Tour title

Magical Woods claims 73rd PGA Tour title

Tiger Woods overhauled a fading Spencer Levin and a charging Rory Sabbatini with a few moments of magic to win his 73rd PGA Tour title by two shots at the Memorial tournament on Sunday. He began the final day four strokes behind the pacesetting Levin and
Published 05 Jun, 2012 12:00am
US factory orders post surprise fall

US factory orders post surprise fall

New orders for US factory goods fell in April for the third time in four months as demand slipped for everything from cars and machinery to computers, the latest worrisome sign for the economy. The Commerce Department said on Monday orders for manufacture
Published 05 Jun, 2012 12:00am
French rogue trader Kerviel launches appeal

French rogue trader Kerviel launches appeal

Ex-trader Jerome Kerviel began his appeal on Monday against a three-year prison sentence for his role in France's biggest rogue trading scandal, arguing he was not responsible for a 4.9 billion euro ($6.1 billion) loss at banking group Societe Generale.
Published 05 Jun, 2012 12:00am
Iran, Iraq plan unified Opec stance

Iran, Iraq plan unified Opec stance

Iran and Iraq have agreed to adopt a unified stance on Opec production levels when the group meets next week, Iranian media reported over the weekend. According to oil ministry website Shana, Iranian Oil Minister Rostam Qasemi will argue that members shou
Published 05 Jun, 2012 12:00am
ECB holds back on bond purchases for 12th week

ECB holds back on bond purchases for 12th week

Data published by the European Central Bank on Monday showed that the bank did not intervene to buy bonds of eurozone nations last week, despite recent renewed tensions in sovereign debt markets. The ECB first launched its bond-buying blitz under the Secu
Published 05 Jun, 2012 12:00am
ECB holds back on bond purchases for 12th week

ECB holds back on bond purchases for 12th week

Data published by the European Central Bank on Monday showed that the bank did not intervene to buy bonds of eurozone nations last week, despite recent renewed tensions in sovereign debt markets. The ECB first launched its bond-buying blitz under the Secu
Published 05 Jun, 2012 12:00am
Lenders back Portugal's struggle to fend off crisis

Lenders back Portugal's struggle to fend off crisis

Portugal's bailout programme is on track and it can hit its targets for 2012 despite some risks, its international lenders said on Monday, offering strong support as Lisbon struggles to avoid following Greece into a second rescue package.
Published 05 Jun, 2012 12:00am
EU court criticises ECB over risk management rigour

EU court criticises ECB over risk management rigour

The European Court of Auditors on Monday criticised the European Central Bank for what it said was inappropriate management of risk in decisions affecting the eurozone. In its report on 2010 activities at the Frankfurt-based central bank for the euro, the
Published 05 Jun, 2012 12:00am
G7, others to discuss eurozone crisis

G7, others to discuss eurozone crisis

Finance ministers of the Group of Seven and other economic powers will talk by phone on Tuesday on the eurozone crisis and the weakness of certain banks, Canadian Finance Minister Jim Flaherty said Monday. "Those discussions also take place with some of t
Published 05 Jun, 2012 12:00am
Sony falls below 1,000 yen for first time since 1980

Sony falls below 1,000 yen for first time since 1980

Sony shares tumbled below 1,000 yen Monday for the first time since 1980 and the era of the Walkman, sending the value of the company crashing to less than a tenth of what it was just over a decade ago. The entertainment and electronics giant dropped 1.67
Published 05 Jun, 2012 12:00am
Sony falls below 1,000 yen for first time since 1980

Sony falls below 1,000 yen for first time since 1980

Sony shares tumbled below 1,000 yen Monday for the first time since 1980 and the era of the Walkman, sending the value of the company crashing to less than a tenth of what it was just over a decade ago. The entertainment and electronics giant dropped 1.67
Published 05 Jun, 2012 12:00am
Rs 20 million youth-to-youth project launched

Rs 20 million youth-to-youth project launched

Sindh Youth Affairs Department in collaboration with British Council and the Capacity Builders has initiated Rs 20 million youth-to-youth project for developing leadership, capacity building and to exploring the talent of youth. This was stated by Sindh M
Published 05 Jun, 2012 12:00am
Sindh budget on June 11

Sindh budget on June 11

Sindh Law Minister, Ayaz Soomro said that Sindh budget for 2012-13 will be presented during the current session of provincial Assembly on June 11. Talking to media persons here on Monday, he said about 35,000 new jobs will be announced in the tax-free bud
Published 05 Jun, 2012 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 25th May, 2012.

Published 05 Jun, 2012 12:00am
Sindh budget on June 11

Sindh budget on June 11

Sindh Law Minister, Ayaz Soomro said that Sindh budget for 2012-13 will be presented during the current session of provincial Assembly on June 11. Talking to media persons here on Monday, he said about 35,000 new jobs will be announced in the tax-free bud
Published 05 Jun, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (June 04, 2012).

Published 05 Jun, 2012 12:00am
Balochistan's budget on June 11

Balochistan's budget on June 11

The tax-free Balochistan Budget for next financial year of 2012-13 would be announced in the Balochistan Assembly session on June 11, said a handout issued here on Monday night. The decision was taken in a meeting held with Chief Minister Balochistan Nawa
Published 05 Jun, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (June 04, 2012).

Published 05 Jun, 2012 12:00am
Balochistan's budget on June 11

Balochistan's budget on June 11

The tax-free Balochistan Budget for next financial year of 2012-13 would be announced in the Balochistan Assembly session on June 11, said a handout issued here on Monday night. The decision was taken in a meeting held with Chief Minister Balochistan Nawa
Published 05 Jun, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (June 04, 2012).

Published 05 Jun, 2012 12:00am
Balochistan''s budget on June 11

Balochistan''s budget on June 11

The tax-free Balochistan Budget for next financial year of 2012-13 would be announced in the Balochistan Assembly session on June 11, said a handout issued here on Monday night. The decision was taken in a meeting held with Chief Minister Balochistan Nawa
Published 05 Jun, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (June 04, 2012).

Published 05 Jun, 2012 12:00am
Balochistan''''s budget on June 11

Balochistan''''s budget on June 11

The tax-free Balochistan Budget for next financial year of 2012-13 would be announced in the Balochistan Assembly session on June 11, said a handout issued here on Monday night. The decision was taken in a meeting held with Chief Minister Balochistan Nawa
Published 05 Jun, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (June 04, 2012).

Published 05 Jun, 2012 12:00am
Opposition leader charged over Bangladesh 1971 war

Opposition leader charged over Bangladesh 1971 war

A Bangladeshi court on Monday charged a fifth member of Jamaat-e-Islami with alleged atrocities including genocide during the 1971 war. Mohammad Kamaruzzaman, 60, the third highest ranked leader of the opposition Jamaat-e-Islami, was indicted on several c
Published 05 Jun, 2012 12:00am
Opposition leader charged over Bangladesh 1971 war

Opposition leader charged over Bangladesh 1971 war

A Bangladeshi court on Monday charged a fifth member of Jamaat-e-Islami with alleged atrocities including genocide during the 1971 war. Mohammad Kamaruzzaman, 60, the third highest ranked leader of the opposition Jamaat-e-Islami, was indicted on several c
Published 05 Jun, 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 Monday (June 04, 2012).

Published 05 Jun, 2012 12:00am
Asian gasoil prices at 16-month low

Asian gasoil prices at 16-month low

Asian gasoil prices dived to a more than 16-month low, following a fall in underlying crude prices, which is likely to encourage further demand within the region, traders said on Monday. The cash price for the benchmark 0.5 percent sulphur gasoil fell $3.
Published 05 Jun, 2012 12:00am
Asian gasoil prices at 16-month low

Asian gasoil prices at 16-month low

Asian gasoil prices dived to a more than 16-month low, following a fall in underlying crude prices, which is likely to encourage further demand within the region, traders said on Monday. The cash price for the benchmark 0.5 percent sulphur gasoil fell $3.
Published 05 Jun, 2012 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (June 04, 2012).

Published 05 Jun, 2012 12:00am
Asian gasoil prices at 16-month low

Asian gasoil prices at 16-month low

Asian gasoil prices dived to a more than 16-month low, following a fall in underlying crude prices, which is likely to encourage further demand within the region, traders said on Monday. The cash price for the benchmark 0.5 percent sulphur gasoil fell $3.
Published 05 Jun, 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 Monday (June 04, 2012).

Published 05 Jun, 2012 12:00am
Budget woes curb arms trade but nuclear threat strong: SIPRI

Budget woes curb arms trade but nuclear threat strong: SIPRI

World military spending failed to rise last year for the first time since 1998 in what could herald a major trend break, but the global nuclear threat remains strong, think tank SIPRI said Monday. As the global economic crisis cuts into defence spending,
Published 05 Jun, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (June 04, 2012).

Published 05 Jun, 2012 12:00am
Budget woes curb arms trade but nuclear threat strong: SIPRI

Budget woes curb arms trade but nuclear threat strong: SIPRI

World military spending failed to rise last year for the first time since 1998 in what could herald a major trend break, but the global nuclear threat remains strong, think tank SIPRI said Monday. As the global economic crisis cuts into defence spending,
Published 05 Jun, 2012 12:00am
Lucky Cement

Lucky Cement

Lucky Cement Limited, a company belonging to the Yunus Brothers Group, is the largest manufacturer and exporter of cement in Pakistan. With two production facilities in the country, one in Karachi and one at Pezu in NWFP, Lucky Cement is also Pakistan's o
Published 05 Jun, 2012 12:00am
Lucky Cement

Lucky Cement

Lucky Cement Limited, a company belonging to the Yunus Brothers Group, is the largest manufacturer and exporter of cement in Pakistan. With two production facilities in the country, one in Karachi and one at Pezu in NWFP, Lucky Cement is also Pakistan's o
Published 05 Jun, 2012 12:00am
PML-N demands Gilani's resignation: economic policies slammed

PML-N demands Gilani's resignation: economic policies slammed

The major opposition party in National Assembly, Pakistan Muslim League-Nawaz (PML-N) Monday held the government flawed economic policies responsible for the dwindling economy of the country and demanded resignation of Prime Minister Yousuf Raza Gilani to
Published 05 Jun, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (June 04, 2012) and for Tuesday (June 05, 2012).
Published 05 Jun, 2012 12:00am
Political cell in ISI: Supreme Court seeks copy of notification

Political cell in ISI: Supreme Court seeks copy of notification

Adjourning the hearing of Asghar Khan case on Monday, the Supreme Court sought from the federation the copy of a notification under which a political cell was established in the Inter Services Intelligence (ISI) during the government of the then prime min
Published 05 Jun, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (June 04, 2012).

Published 05 Jun, 2012 12:00am
Bus crash kills 23 wedding guests

Bus crash kills 23 wedding guests

At least 23 wedding guests, including six children, were killed when a bus plunged into a ravine near the capital Islamabad, police said Monday. Sixty people were injured when the driver lost control of the vehicle late Sunday at a sharp bend near Narr vi
Published 05 Jun, 2012 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 05 Jun, 2012 12:00am
Grenade attack on MQM unit office creates panic

Grenade attack on MQM unit office creates panic

Tension gripped parts of the city when unidentified armed riders hurled a hand grenade at MQM unit office located in the limits of Azizabad police station late Monday night. According to DSP Saleem Akhtar Hussain, two armed riders threw a hand grenade at
Published 05 Jun, 2012 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 05 Jun, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (June 04, 2012).

Published 05 Jun, 2012 12:00am
MoTI may receive major chunk of Rs 10 billion EDF

MoTI may receive major chunk of Rs 10 billion EDF

Major share of Rs 10 billion Export Development Fund (EDF) allocated in the federal budget 2012-13, is likely to go to Ministry of Textiles with Rs 7.5 billion whereas Commerce will be given only Rs 2.5 billion. According to budget documents, Finance Mini
Published 05 Jun, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (June 04, 2012).

Published 05 Jun, 2012 12:00am
Progress on Marble City project reviewed

Progress on Marble City project reviewed

Chairman Sindh Board of Investment (SBI), Muhammad Zubair Motiwala said the Marble City is one of the priority projects of Government of Sindh and SBI through Sindh Stone Development Company is committed towards the successful materialisation of this proj
Published 05 Jun, 2012 12:00am
The Weather

The Weather

The weather report on Monday (June 04, 2012) and the forecast for Tuesday (June 05, 2012).

Published 05 Jun, 2012 12:00am
Dengue fever: Punjab government asked to submit plan

Dengue fever: Punjab government asked to submit plan

Chief Justice Lahore High Court on Monday directed the Punjab government to submit its proposed plan for the current year to control dengue fever in the province. The order was issued on a petition pending since previous outbreak of dengue in March last y
Published 05 Jun, 2012 12:00am
APCA observes sit-in in front of Prime Minister's House

APCA observes sit-in in front of Prime Minister's House

All Pakistan Clerks Association (APCA) (Multan chapter) has observed sit-in in front of Prime Minister's house in Multan on Monday. The thousands employees of grade one to 15 has observed pen down strike under the leadership of Divisional President of Kha
Published 05 Jun, 2012 12:00am
Scientists highlight role of biotechnology

Scientists highlight role of biotechnology

Agriculture experts and scientists have termed the adoption of modern technology vital to improve the productivity of agriculture in the country, saying that Pakistan desperately needs innovations like biotechnology to address challenges in agriculture.
Published 05 Jun, 2012 12:00am
Coalition Support Fund

Coalition Support Fund

The United States has reportedly agreed to reimburse 1.18 billion dollars - 75 percent of Pakistan's total claim - under the Coalition Support Fund (CSF). The actual amount billed by Pakistani authorities was termed unrealistic by the US. The differenc
Published 05 Jun, 2012 12:00am
Mishandled Balochistan

Mishandled Balochistan

Prime Minister Gilani's refusal to implement the Supreme Court's verdict on the NRO even at cost of his job appears to be subject-specific - he didn't want to betray his party leadership and he didn't at the cost of his job. Elsewhere, he appears to be
Published 05 Jun, 2012 12:00am
Political irresponsibility galore

Political irresponsibility galore

The Economic Survey 2011-12 and the Federal Budget 2012-13 displayed politicians' sense of responsibility. The economic survey yet again excluded its estimates of poverty and nutrition. An 'entertaining' disclosure though was that 93 percent of Pakistanis
Published 05 Jun, 2012 12:00am
Malawi brings back the former flag for a new dawn

Malawi brings back the former flag for a new dawn

After a two-year hiatus, Malawi has its old flag back. The image of a rising sun, which first flew at independence in 1964, is once again the optimistic symbol of this poor and landlocked southern African nation. Joyce Banda, the new president being haile
Published 05 Jun, 2012 12:00am
Roses of Giyari

Roses of Giyari

Giyari was caught unaware and hit in pre-dawn timings by a crumbling mountainside of huge ice slabs several meters thick. This frozen waste also brought along with it gigantic boulders weighing tonnes which were floating, rolling and gathering speed in po
Published 05 Jun, 2012 12:00am
BIT with Canada nears conclusion: Mandviwalla

BIT with Canada nears conclusion: Mandviwalla

Bilateral Investment Treaty (BIT) with Canada is nearly concluded and the last round of talks will take place in Pakistan soon. This was stated on Monday by Board of Investment Chairman Saleem Mandviwalla who recently concluded his visit to Canada to fina
Published 05 Jun, 2012 12:00am
CRM concerned at harassment of children

CRM concerned at harassment of children

National and Provincial Chapter of Child Right Movement (CRM) expressed its concern over the recent incidents of physical and psychological harassment of children, to the extent that to them death appeared as the only possible escape.
Published 05 Jun, 2012 12:00am
Anti-hepatitis injection: no tests carried out yet

Anti-hepatitis injection: no tests carried out yet

No tests or trials have been conducted on Unipeg, an anti-hepatitis injection. Well-placed sources told Business Recorder here on Monday that in the year 2008, a local pharmaceutical company contacted InProPharma - a Research and Development compan
Published 05 Jun, 2012 12:00am
Mukhtar takes charge of Ministry of Water and Power

Mukhtar takes charge of Ministry of Water and Power

Federal Minister Chaudhry Ahmed Mukhtar assumed the charge of the Ministry of Water and Power, on Monday After taking over the charge, he was given briefing by the secretary and other senior officials on the affairs of the ministry said a press release.
Published 05 Jun, 2012 12:00am
NAB initiates inquiry

NAB initiates inquiry

The National Accountability Bureau (NAB), under the directives of Supreme Court of Pakistan, on Monday initiated inquiry into Rs 2 billion National Bank Employees' Welfare Fund scam during 2003-08. In another case, the NAB investigation team from Special
Published 05 Jun, 2012 12:00am
Three-day anti-polio campaign launched

Three-day anti-polio campaign launched

Punjab Minister for Labour and Auqaf, Haji Ehsan-ud-Din Qureshi has said that ulema have deep respect among the masses, therefore, they should communicate the people regarding administering of polio drops during current 3-day (4 June to 6 June) anti-polio
Published 05 Jun, 2012 12:00am