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Nov 02, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-06-09
Oil prices lower

Oil prices lower

Oil prices slipped on Friday as the euro zone's debt crisis and dimming hopes for US monetary stimulus reinforced concern about petroleum demand, but disappointing talks between Iran and the UN's nuclear agency limited losses. The intraday recovery allowe
Published 09 Jun, 2012 12:00am
Tokyo rubber futures down 2.4 percent

Tokyo rubber futures down 2.4 percent

Tokyo rubber futures ended 2.4 percent lower on Friday as traders cut long positions on a weak global economic demand outlook. The benchmark rubber contract on the Tokyo Commodity Exchange for November delivery fell 5.8 yen to settle at 237.6 yen ($2.99)
Published 09 Jun, 2012 12:00am
Grains jump

Grains jump

US grains jumped on Thursday, with corn and soyabeans climbing to a two-week high, as the dollar weakened, top global commodities buyer China cut interest rates and hot weather threatened to reduce yields in the United States. "It's a combination of the w
Published 09 Jun, 2012 12:00am
Palm oil flat

Palm oil flat

Malaysian palm oil futures ended almost flat on Friday, as a firm demand outlook for the edible oil was offset by fears of slowing global growth that could crimp commodity demand. Federal Reserve Chairman Ben Bernanke's testimony to a congressional commit
Published 09 Jun, 2012 12:00am
Sugar climbs

Sugar climbs

Raw sugar futures on ICE rose more than 1 percent on Friday and breached the 20-cent-per-lb mark as shorts resumed their race to cover sell positions on continued concerns that heavy rains will delay harvesting in Brazil and crimp nearby supply. Sugar's r
Published 09 Jun, 2012 12:00am
Gold tumbles in New York

Gold tumbles in New York

Gold dropped nearly 2 percent on Thursday after US Federal Reserve Chairman Ben Bernanke offered few hints of further monetary stimulus, prompting investors to unwind bullish bets on expected easing after last week's dismal US payrolls report. Spot gold w
Published 09 Jun, 2012 12:00am
Gold falls in Asia

Gold falls in Asia

Gold fell more than 1 percent on Friday, extending a sell-off from the previous session when the US central bank chief gave no hint on imminent stimulus, disappointing investors and dampening the appeal of gold as a hedge against monetary easing.
Published 09 Jun, 2012 12:00am
Gold slips in Europe

Gold slips in Europe

Gold fell on Friday, extending losses from the previous day when the US Federal Reserve gave no hint of plans for an imminent stimulus to the economy, which disappointed investors and dampening the metal's appeal as a hedge against monetary easing. A weak
Published 09 Jun, 2012 12:00am
US midday: Corn rallies

US midday: Corn rallies

US corn futures rallied more than 1 percent early on Friday to a two-week high as tight supplies and worries about crop-stressing weather across the US Midwest this weekend offset pressure from a firm dollar and weakness in broader financial markets. Corn
Published 09 Jun, 2012 12:00am
US MIDDAY: copper drops

US MIDDAY: copper drops

In New York, the COMEX July contract dropped 8.55 cents or 2.5 percent to settle at $3.2850 per lb on Friday, near the bottom of its $3.2635 to $3.3685 session range. COMEX copper volumes tipped 89,000 lots in late New York business, 20 percent above the
Published 09 Jun, 2012 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold rose on Friday, reversing heavy initial losses as uncertainty over an upcoming rescue plan for Spain's troubled banks encouraged some safe-haven buying and prompted investors to cover their bearish bets ahead of the weekend. The metal rebounded $30 f
Published 09 Jun, 2012 12:00am
Decline of textile industry

Decline of textile industry

A sufficient cotton reserve is necessary to save small, labour-intensive textile units from intense competition by cotton exporters and large textile mills. Most of the mills are too small to stock up without loans. In the absence of cheaper and adequate
Published 09 Jun, 2012 12:00am
Syria's farmers on receiving end of regime crackdown

Syria's farmers on receiving end of regime crackdown

Until 16 months ago, Ahmed Saleh, a farmer in the Homs province in central Syria, had acres of land growing wheat. Every summer, he used to have an abundant harvest. Not any more. Saleh's land is now lying idle, due to attacks from forces and militias loy
Published 09 Jun, 2012 12:00am
Africa's highest dam opens flood of debate

Africa's highest dam opens flood of debate

The mud-coloured Omo River which snakes through green gorges, feeding lush vegetation and providing vital water to one of Ethiopia's most remote regions, will also power a contentious dam project. The government says the Gibe III dam will boost developmen
Published 09 Jun, 2012 12:00am
Will budget address people's requirements?

Will budget address people's requirements?

The budget timing does not allow for many innovative actions. The budget in modern times requires to be understood in a different light than what was done historically. The IT revolution and the speed of information as well as the awareness in the general
Published 09 Jun, 2012 12:00am
Coming to a head

Coming to a head

If the happenings linked to the Pak-US ties over the last week or so are any hint one may presume that the bilateral relationship is coming to a head and may bring on a deadlock between the two governments. The relationship seems to be in a freefall wi
Published 09 Jun, 2012 12:00am
Suboptimal use of bank borrowings

Suboptimal use of bank borrowings

Functioning as financial intermediaries, banks collect deposits from all categories of savers throughout the country and place them at the disposal of entrepreneurs to run and promote their businesses. The level of their efficiency to perform this cruc
Published 09 Jun, 2012 12:00am
Emissions from road traffic could be reduced

Emissions from road traffic could be reduced

A major source of air pollution, namely emissions from road traffic, could be reduced through enforcement of control standards. A standardised evaluation scale was set up by the European Union back in 1992. These standards are generally known as the Europ
Published 09 Jun, 2012 12:00am
BQATI team meets Governor Sindh

BQATI team meets Governor Sindh

A delegation of Bin Qasim Association of Trade & Industry, (BQATI) has met with Governor Sindh Dr Ishrat-ul-Ibad Khan at Governor House. They were discussed the security issues of Bin Qasim Industrial Zone the members stressed over the continuous monitori
Published 09 Jun, 2012 12:00am
PTCL wins Rs 3.15 billion USF project

PTCL wins Rs 3.15 billion USF project

Pakistan Telecommunication Company Limited (PTCL) has won Rs 3.15 billion project of Universal Service Fund (USF) to provide basic telephony and data services in Mastung district of Balochistan. Through an open bidding process, PTCL has won the rights for
Published 09 Jun, 2012 12:00am
Exports may hardly reach $24 billion mark

Exports may hardly reach $24 billion mark

Pakistan's exports may hardly reach 24 billion dollars during the current financial year against the estimated target of 26 billion dollars. The exports figures this year are also likely to remain below 24.8 billion dollars exports recorded during 2010-20
Published 09 Jun, 2012 12:00am
Justice Javed Iqbal to brief media on missing persons

Justice Javed Iqbal to brief media on missing persons

Justice Javed Iqbal, President of the commission formed on missing persons would address a press conference at Civil Secretariat tomorrow morning, said a handout issued here on Friday.
Published 09 Jun, 2012 12:00am
Illegal gas connections: SSGC teams raid hotels, mineral water plant

Illegal gas connections: SSGC teams raid hotels, mineral water plant

As part of the Company's continuing drive against gas theft, the Sui Southern Gas Company's (SSGC's) Surveillance and Monitoring Department (S&M) conducted raids for illegal usage of gas on two renowned hotels in Nazimabad No 2 area, namely Haji Saifullah
Published 09 Jun, 2012 12:00am
DC Karachi Central initiates crackdown on profiteers

DC Karachi Central initiates crackdown on profiteers

Deputy Commissioner (DC) of Karachi Central, Dr Saif ur Rehman on Friday initiated a crackdown against milk sellers reportedly fleecing consumers not only by charging above the officially fixed rates for milk but also compromising on quality.
Published 09 Jun, 2012 12:00am
Fall in global commodity prices: analysis

Fall in global commodity prices: analysis

The global macroeconomic uncertainties particularly in eurozone, lower consumer confidence and slowdown in demand in emerging markets have dampened sentiments in global commodities market, analysts said. From beginning of May, the CRB index that constitut
Published 09 Jun, 2012 12:00am
LUMHS department named after Professor Aftab

LUMHS department named after Professor Aftab

Liaquat University of Medical & Health Sciences (LUMHS) Jamshoro Vice Chancellor Professor Mashoor Alam Shah, in appreciation of the meritorious services rendered to medical education and ailing community by Shaheed Professor Aftab Qureshi, has announced
Published 09 Jun, 2012 12:00am
SU notification

SU notification

The Controller of Examination (Semester) University of Sindh has announced on Friday that first semester examination 2012 of all fresh, failure and improver candidates of Bachelors and Masters (morning & evening) will be conducted from June 11 (Monday).
Published 09 Jun, 2012 12:00am
Amendments will weaken ATIR, says KTBA

Amendments will weaken ATIR, says KTBA

The Appellate Tribunal of Inland Revenue (ATIR), the final appellate forum provided under provisions of Income Tax Ordinance of 2001, would become too feeble to give impartial decisions after introduction of amendments proposed in the Finance Bill of 2012
Published 09 Jun, 2012 12:00am
Drinking plain water reduces risk of diabetes

Drinking plain water reduces risk of diabetes

Research proves that women, who choose plain water over sweet fizzy drinks or beverages, have a lower risk of developing diabetes. According to the researchers replacing sweet drinks with water could help stave off the metabolic disorder, Mail Online Repo
Published 09 Jun, 2012 12:00am
NBP takes another initiative to train disabled people

NBP takes another initiative to train disabled people

National Bank of Pakistan (NBP) besides offering employment opportunities to the disabled people in discharge of its Corporate Social Responsibilities (CSR) has taken another initiative to impart them training to transform them to useful bankers and be ab
Published 09 Jun, 2012 12:00am
Nawaz to lay floral wreath on Qalandar's shrine

Nawaz to lay floral wreath on Qalandar's shrine

Pakistan Muslim League-Nawaz Chief Mian Nawaz Sharif on June 22 would visit mausoleum of Qalandar Lal Shahbaz and would also address the public gathering in Sehwan on the same day, Business Recorder has learnt on Friday. Sources inside the PML-N Si
Published 09 Jun, 2012 12:00am
Geelani demands arrest of minor girl's killers

Geelani demands arrest of minor girl's killers

Veteran Kashmiri Hurriyat leader, Syed Ali Geelani demanded unmasking of the killers of a minor girl, whose body was recovered from the river Jhelum, Indian Occupied Kashmir a few days ago. Syed Ali Geelani visited Fateh Kadal area of Srinagar and express
Published 09 Jun, 2012 12:00am
Sindh budget 2012-13: New ADP envisages funds for Lyari Economic Zone

Sindh budget 2012-13: New ADP envisages funds for Lyari Economic Zone

In a move to win back the hearts and minds of the people of Lyari, the Sindh government has allocated Rs 1.2 billion for ongoing development package of Lyari in the province's Annual Development Programme (ADP) for 2012-13, Business Recorder learnt
Published 09 Jun, 2012 12:00am
Sindh budget 2012-13: New ADP envisages funds for Lyari Economic Zone

Sindh budget 2012-13: New ADP envisages funds for Lyari Economic Zone

In a move to win back the hearts and minds of the people of Lyari, the Sindh government has allocated Rs 1.2 billion for ongoing development package of Lyari in the province's Annual Development Programme (ADP) for 2012-13, Business Recorder learnt
Published 09 Jun, 2012 12:00am
ILO chalks out activities for Child Labour Day

ILO chalks out activities for Child Labour Day

International Labour Organisation (ILO), Pakistan has chalked out activities in different cities to observe World Day against Child Labour-2012, falling on June 12. The Day would provide a spotlight on right of all children to be protected from child labo
Published 09 Jun, 2012 12:00am
PN official elected to a key international body

PN official elected to a key international body

A Pakistan Navy (PN) officer was elected as a member of an international body on Thursday, which facilitates the implementation of the 1982 UN Convention on the Law of the Sea in respect of delineation of the outer continental shelf. After a hard-fought c
Published 09 Jun, 2012 12:00am
Political, religious parties violating Section 144

Political, religious parties violating Section 144

Several political, religious parties and civil society organisations are openly violating section 144 in the city by staging protest demonstrations and walks at Jinnah Avenue in contravention of Interior Ministry directives.
Published 09 Jun, 2012 12:00am
Government agencies urged to root out counterfeit products

Government agencies urged to root out counterfeit products

The concerned agencies of the government should make concerted efforts to root out growing counterfeiting as it is not only blocking innovations but also badly affecting economy of the country, said Minister for National Regulations and Services Dr Firdou
Published 09 Jun, 2012 12:00am
AJK government to chalk out industrial plan

AJK government to chalk out industrial plan

The Azad Jammu & Kashmir (AJK) government on Friday decided to chalk out an integrated plan to promote the collective efforts of private and public sectors for the industrial progress and uplift. The sources told APP, the government has decided to encoura
Published 09 Jun, 2012 12:00am
OGDCL sends two employees to the Vatican City

OGDCL sends two employees to the Vatican City

Minister of State for National Harmony Akram Masih Gill on Thursday lauded Oil & Gas Development Corporation Limited (OGDCL) recent decision of sending two of its Christian employees after draw to Vatican City, Italy, to perform religious duties.
Published 09 Jun, 2012 12:00am
Upgradation on the cards: DHQ Hospital Kohat to become teaching hospital

Upgradation on the cards: DHQ Hospital Kohat to become teaching hospital

Khyber Pakhtunkhwa Governor, Barrister Masood Kausar, while noting the approval of up-gradation of Kohat District Headquarter Hospital to Category "A", has said it was a project of great importance to become a teaching level health institution which requi
Published 09 Jun, 2012 12:00am
Pakistan a peace-loving country: Kayani

Pakistan a peace-loving country: Kayani

Chief of Army Staff (CoAS) General Ashfaq Parvez Kayani on Friday said that Pakistan is a peace loving nation and focus of its armed forces always remained on defending and serving the country. "We are a peace loving nation and harbor no aggressions towar
Published 09 Jun, 2012 12:00am
Youth urged to 'say no to drugs'

Youth urged to 'say no to drugs'

The ministry of narcotics control is operating an extensive public awareness campaign against drug abuse in the country to create awareness among youth who are most vulnerable to become victim of drugs.
Published 09 Jun, 2012 12:00am
Khyber Pakhtunkhwa to launch new welfare schemes: Hoti

Khyber Pakhtunkhwa to launch new welfare schemes: Hoti

Chief Minister Khyber Pakhtunkhwa Ameer Haider Khan Hoti has said that the government's special initiatives for the eradication of unemployment and poverty have received wide appreciation, as thousands of families were benefiting from these steps. He said
Published 09 Jun, 2012 12:00am
NAB arrests two top officials of railways

NAB arrests two top officials of railways

Special Operation Wing of the National Accountability Bureau (NAB) on Thursday arrested Pakistan Railways GM (Maintenance & Services) Naeem Malik and Additional GM (Mechanical) Mian Ahsan Mahmood. Both the accused persons had allegedly played a key role i
Published 09 Jun, 2012 12:00am
World Brain Day observed

World Brain Day observed

A seminar on 'World Brain Tumor Day' was held at the Medical and Dental College University, Faisalabad. The day is observed on June 8 all over the world to create public awareness about this disease and its treatment. The seminar was organised by the univ
Published 09 Jun, 2012 12:00am
IMF receives no request for new loan

IMF receives no request for new loan

The Interna-tional Monetary Fund (IMF) has not received any request for a new loan programme from the economic managers of the country, it has been learnt. Well-placed sources told Business Recorder here on Friday that Pakistan had not requested a
Published 09 Jun, 2012 12:00am
World Bank Mission satisfied with BoR land record computerisation

World Bank Mission satisfied with BoR land record computerisation

World Bank Mission visited different service centres established in Lahore under Project Management Unit LRMIS and expressed their satisfaction over land record computerisation process of the Board of Revenue (BoR), Punjab. WB Mission during their visit t
Published 09 Jun, 2012 12:00am
Ejaz underscores need for revising gas policy

Ejaz underscores need for revising gas policy

Chairman Save Pakistan Industry Forum Gohar Ejaz has said that textile, fertiliser and Independent Power Plants (IPPs) would close down operations in case of government failed to refresh its policy on gas distribution that may lead to protests by 10 milli
Published 09 Jun, 2012 12:00am
Excise & taxation official warning

Excise & taxation official warning

Properties of defaulters of property tax, excise duty and motor vehicle tax will be sealed and attached if they failed to deposit arrears by due date, said the Director, Excise and Taxation, Faisalabad Division, Akram Ashraf Gondal. Talking to reports her
Published 09 Jun, 2012 12:00am
CNG strike makes life miserable for people

CNG strike makes life miserable for people

The continued strike of All Pakistan CNG Association has made life of the masses miserable, as most of the Public Service Vehicles (PSV) preferred to remain off the roads due to non-availability of CNG, as a result the commuters have faced great difficult
Published 09 Jun, 2012 12:00am
Fuel strike in Southern Punjab enters third day

Fuel strike in Southern Punjab enters third day

CNG filling stations across southern Punjab remained shut on Friday, as the strike called by All Pakistan CNG Association entered third day on Friday. People across southern Punjab faced difficulties, as availability of petrol was also limited. People urg
Published 09 Jun, 2012 12:00am
Australia committed to developing farm sector: diplomat

Australia committed to developing farm sector: diplomat

Australia was committed to uplifting Pakistan's agricultural sector and supporting the country to over come food security challenges, Acting Australian High Commissioner Paul Molloy said on Friday. He was addressing the University of Agriculture Faisalaba
Published 09 Jun, 2012 12:00am
TCP sugar tender: date for price-matching extended by three days

TCP sugar tender: date for price-matching extended by three days

The Trading Corporation of Pakistan (TCP) on Friday extended the date for price matching of lowest price of Rs 50,150 per ton by three days, received in tender to complete procurement of 200,000 tons of sugar from domestic sugar mills. Sources told Bus
Published 09 Jun, 2012 12:00am
Mercury dips by 14 degrees in Lahore

Mercury dips by 14 degrees in Lahore

Mercury dipped by 14 degrees from 39C to 25 degree Celsius on Thursday evening after dust storm and light rain in Lahore and other surrounding cities breaking over a week's severe heat wave spell. The changed weather provided an immediate much needed reli
Published 09 Jun, 2012 12:00am
Chicago cabbie to be sentenced in terrorism case

Chicago cabbie to be sentenced in terrorism case

A Pakistani-born taxi driver who pleaded guilty to trying to send money to a terrorist with alleged ties to al Qaida will be sentenced in Chicago. Raja Lahrasib Khan will be sentenced Friday in federal court. Khan changed his plea to guilty in February in
Published 09 Jun, 2012 12:00am
Government chalks out plan to promote trade, tourism in AJK

Government chalks out plan to promote trade, tourism in AJK

The government of Azad Jammu & Kashmir (AJK) on Friday chalked out an integrated plan for promoting trade and tourism sectors in AJK. The sources told APP, the plan has been started on the special directives of AJK Prime Minister Chaudhry Abdul Majeed. In
Published 09 Jun, 2012 12:00am
CJP urges advocates to serve cause of judiciary

CJP urges advocates to serve cause of judiciary

Chief Justice of Pakistan Iftikhar Muhammad Chaudhary on Friday stressed upon the newly enrolled advocates of the Supreme Court to serve the cause of judiciary and nation by protecting the constitution and ensuring rule of law in the country. The Chief Ju
Published 09 Jun, 2012 12:00am
Fake FBI agent arrested

Fake FBI agent arrested

A confidence trickster has been arrested for posing as an FBI agent and defrauding unwitting customers in Islamabad of $21,000, police said Friday. Hayat Khan, 48, was detained in a sting operation on Thursday following a number of complaints in the capit
Published 09 Jun, 2012 12:00am
Motorcycle-police squads deputed in Sialkot: DPO

Motorcycle-police squads deputed in Sialkot: DPO

Motorcycle squads have been deputed in 126 union councils for the protection of life and property of the masses in Sialkot district, District Police Officer (DPO) Afzal Ahmad Kausar said on Friday. He said this in a meeting on the programme at the Sialkot
Published 09 Jun, 2012 12:00am
Police arrest two dacoits after encounter

Police arrest two dacoits after encounter

Defence Police claimed to have arrested two suspected bandits and recovered weapon, snatched mobile phone and cash. As per detail two bandits were trying to flee in a car number ADZ-217 after snatching a mobile phone and Rs 800 from an old man when a patr
Published 09 Jun, 2012 12:00am
ANP worker's body stuffed in gunny bag found

ANP worker's body stuffed in gunny bag found

A body of Awami National Party (ANP) worker stuffed in a gunny bag was found from Korangi Industrial Area on Thursday, police said. Police said that Noor-ur-Rehman, 25, was kidnapped by unknown men. He was shot to dead by the kidnappers and the body was t
Published 09 Jun, 2012 12:00am
Call for ensuring feed quality of livestock

Call for ensuring feed quality of livestock

Combined laboratories should be set up to ensure the quality of livestock feed, Vice-Chancellor of the University of Veterinary and Animal Sciences (UVAS) Professor Dr Talat Naseer Pasha said on Friday. He was addressing a certificate distribution ceremon
Published 09 Jun, 2012 12:00am
Moneychanger deprived of Rs three million

Moneychanger deprived of Rs three million

Unidentified armed men on Friday looted Rs 3 million from a moneychanger in Blue Area of the city and managed to escape from the scene. According to police, two armed men on a motorcycle intercepted the car of Sajid Marwat, owner of Royal Kind Money Chang
Published 09 Jun, 2012 12:00am
Working mothers healthier than housewives

Working mothers healthier than housewives

According to a new research carried out in Britain, working mothers enjoy better health than full-time housewives. Despite the stress working mothers face by holding down a job, dealing with childcare, housework and striving to keep the family happy.
Published 09 Jun, 2012 12:00am
UAF revises 1,500 courses in four years: vice chancellor

UAF revises 1,500 courses in four years: vice chancellor

The University of Agriculture Faisalabad has revised 1,500 courses over the past four years to make them compatible with the international market. UAF's Vice-Chancellor Professor Dr Iqrar Ahmad Khan stated this while addressing a workshop on 'Curriculum D
Published 09 Jun, 2012 12:00am
PML-N to stage sit-in outside Presidency, Prime Minister House on Monday

PML-N to stage sit-in outside Presidency, Prime Minister House on Monday

In a bid to step up the on-going protest drive against the government, Leader of Opposition in National Assembly Chaudhry Nisar Ali Khan Friday announced that Pakistan Muslim League-Nawaz (PML-N) will stage sit-in outside Presidency and Prime Minister Hou
Published 09 Jun, 2012 12:00am
Fireworks: crackdown against manufacturers launched

Fireworks: crackdown against manufacturers launched

DCO Naseem Sadiq has constituted 13 raiding teams to take action against the manufacture, sale and stock of fireworks in the district. According to orders issued in this connection, two teams each would conduct raids in four urban towns - Iqbal Town, Lyal
Published 09 Jun, 2012 12:00am
Power cost jumps by 82.5 percent in 2011-12: PIE

Power cost jumps by 82.5 percent in 2011-12: PIE

The cost of electricity had increased by 82.5 percent while administrative expenses decreased by 26 percent during the financial year 2011-12 against 2010-11, an audit report reviewed by the Punjab Industrial Estates (PIE) said on Saturday. The Board of D
Published 09 Jun, 2012 12:00am
Flood-affected people asked to file claims

Flood-affected people asked to file claims

Provincial Disaster Management Authority (PDMA) Director General Mujahid Sherdil directed all affected persons of Flood 2010 to file claims of their damages immediately. Flood-affected of Sargodha, Khushab, Mianwali, Bhakkar, Layyah, Jhang, Multan and DG
Published 09 Jun, 2012 12:00am
Positive indications about EU trade concessions welcomed

Positive indications about EU trade concessions welcomed

Office-bearers of Multan Chamber of Commerce and Industry (MCCI) have welcomed positive indications on trade concessions by the European Union (EU) to help Pakistan's economy recover from losses caused by floods. MCCI's President Mian Anis A Sheikh said a
Published 09 Jun, 2012 12:00am
Benazir's murder: PML-N flays PPP for 'inaction'

Benazir's murder: PML-N flays PPP for 'inaction'

The mystery of Benazir Bhutto's assassination still haunts power corridors as Pakistan Muslim League-Nawaz (PML-N) on Friday showed its firm resolve that the party will arrest Benazir's killers if the incumbent government failed to arrest them. Senator Mu
Published 09 Jun, 2012 12:00am
LDA approves revised estimate to improve traffic condition

LDA approves revised estimate to improve traffic condition

Increased intensity of traffic at Raiwind Road is causing congestion and hence Lahore Development Authority (LDA) has approved revised estimate for improvement of Bhupatian Chowk junctions at a cost of Rs 63.9 million in order to mitigate this problem.
Published 09 Jun, 2012 12:00am
SPARC to launch Child Labour Free Week campaign

SPARC to launch Child Labour Free Week campaign

Society for the Protection of the Rights of the Child (SPARC) will launch a national level Child Labour Free Week Campaign from June 11-16 to highlight harms of child labour and promote collective efforts to tackle it. Under the campaign being arranged to
Published 09 Jun, 2012 12:00am
High fee at missionary institutes causes drop outs

High fee at missionary institutes causes drop outs

The missionary educational institutions of Rawalpindi continue to fleece the poor students by charging huge school fee, causing many drop outs. The missionary schools including Saint Mary's Cambridge High School, Saint Teresa Girls High School and Saint P
Published 09 Jun, 2012 12:00am
LCCI expresses dismay over SBP decision to keep policy rate unchanged

LCCI expresses dismay over SBP decision to keep policy rate unchanged

The Lahore Chamber of Commerce and Industry (LCCI) on Friday expressed its dismay over the State Bank of Pakistan (SBP) decision to keep policy rate unchanged. The LCCI President Irfan Qaiser Sheikh in a statement called for bringing it to single digit to
Published 09 Jun, 2012 12:00am
Livestock underfed in Pakistan: experts

Livestock underfed in Pakistan: experts

Livestock in the country are underfed, barring Pakistan to meet standards of international market, speakers agreed on Friday at a seminar. They were addressing the seminar on 'Livestock management under heat stress' arranged by the University of Agricultu
Published 09 Jun, 2012 12:00am
Punjab's fifth budget to be presented today

Punjab's fifth budget to be presented today

Punjab's finance minister will present the province's fifth consecutive budget on Saturday (today) at 4pm. Speaker Rana Muhammad Iqbal will chair the session. In the 38th session on Friday, opposition legislators created an uproar on deaths of new-born ba
Published 09 Jun, 2012 12:00am
Punjab's fifth budget to be presented today

Punjab's fifth budget to be presented today

Punjab's finance minister will present the province's fifth consecutive budget on Saturday (today) at 4pm. Speaker Rana Muhammad Iqbal will chair the session. In the 38th session on Friday, opposition legislators created an uproar on deaths of new-born ba
Published 09 Jun, 2012 12:00am
Fire breaks out in shipping company's office

Fire breaks out in shipping company's office

Two fire incidents were occurred in the city on Friday, fire brigade sources said. The first incident occurred on II Chandrigar Road, where fire erupted in a building housing offices of a private shipping company. The fire turned furniture, documents and
Published 09 Jun, 2012 12:00am
Default surcharge, penalty waiver scheme extended

Default surcharge, penalty waiver scheme extended

The Federal Board of Revenue (FBR) has decided to extend the date for availing the Default Surcharge and Penalty Waiver Scheme under SRO-547(I)/2012 and SRO-548(I)/2012 till June 25 this year. The move, a press handout said on Friday, was made in view of
Published 09 Jun, 2012 12:00am
Japan creates human liver from stem cells

Japan creates human liver from stem cells

Japanese researchers have created a functioning human liver from stem cells, a report said on Friday, raising hopes for the manufacture of artificial organs for those in need of transplants. A team of scientists transplanted induced pluripotent stem (iPS)
Published 09 Jun, 2012 12:00am
Flour millers for withdrawing section 153/A

Flour millers for withdrawing section 153/A

Flour millers belonging to 'Founders Group' in the Pakistan Flour Mills Association (PFMA), strongly reacting to imposition of section 153/A in the budget for year 2012-13, has urged the government to immediately withdraw this proposal as it may hit hardl
Published 09 Jun, 2012 12:00am
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