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Print - 2012-11-06
Mazhar named to lead juniors' hockey team

Mazhar named to lead juniors' hockey team

Goal-keeper Mazhar Abbas has been named to lead an 18-member Pakistan junior hockey team in the second Sultan Johar Bahru International Hockey Tournament being held in Johar Bahru (Malaysia) from November 11 to 18. Team was picked by the management in con
Published 06 Nov, 2012 12:00am
Murray makes winning start to Tour Finals bid

Murray makes winning start to Tour Finals bid

Andy Murray marked his first match on home turf since winning the US Open with a gritty 3-6, 6-3, 6-4 victory over Tomas Berdych in the ATP Tour Finals at London's O2 Arena on Monday. Murray was playing in front of a British audience for the first time si
Published 06 Nov, 2012 12:00am
Watson ruled out, Quiney to make Test debut

Watson ruled out, Quiney to make Test debut

Key Australian allrounder Shane Watson has been ruled out of this week's first Brisbane Test against South Africa, with Rob Quiney called up as his replacement, Cricket Australia said on Monday. Australian vice-captain Watson withdrew after failing to rec
Published 06 Nov, 2012 12:00am
HSBC fears US money laundering fines to top $1.5 billion

HSBC fears US money laundering fines to top $1.5 billion

A US fine for anti-money laundering rule breaches could cost HSBC significantly more than $1.5 billion and is likely to lead to criminal charges, Europe's biggest bank said on Monday. HSBC said the US investigation had damaged the bank's reputation and fo
Published 06 Nov, 2012 12:00am
China opens WTO front in solar power war with EU

China opens WTO front in solar power war with EU

China opened a second front in a solar power war with Europe on Monday, lodging a complaint with the World Trade Organisation to challenge policies that Beijing argues favour firms in Italy and Greece. Days after warning that it could put punitive tariffs
Published 06 Nov, 2012 12:00am
S&P loses landmark Australian derivatives case

S&P loses landmark Australian derivatives case

Standard & Poor's lost a landmark case in Australia Monday over top-flight ratings given to financial products that collapsed in the build-up to the 2008 global economic crisis. The Federal Court of Australia ruled that S&P's AAA rating of constant propor
Published 06 Nov, 2012 12:00am
Greece makes austerity push, workers gear for strike

Greece makes austerity push, workers gear for strike

Greece's government presented a new austerity package to parliament on Monday as a week of strikes and protests kicked off over proposals that lawmakers must approve if the country is to secure more aid and stave off bankruptcy. Parliament is expected to
Published 06 Nov, 2012 12:00am
G20 seeks more wiggle room on austerity pledges

G20 seeks more wiggle room on austerity pledges

The world's leading economies will give themselves more wiggle room to meet their own targets for cutting budget deficits rather than risk aggravating a slowdown in many countries, chief among them the United States. Policymakers from the Group of 20 coun
Published 06 Nov, 2012 12:00am
Goldman Sachs trims partner list to help cut expenses

Goldman Sachs trims partner list to help cut expenses

Goldman Sachs Group Inc has cut the number of employees it lists as partners to help streamline expenses. Goldman has reduced the number of partners to 407, down 31 from February, the bank said in a filing with the US Securities and Exchange Commission, w
Published 06 Nov, 2012 12:00am
Fitch upgrades Turkey to investment grade

Fitch upgrades Turkey to investment grade

Fitch Ratings upgraded Turkey to investment grade on Monday, a move long coveted by Ankara, citing underlying strengths and an easing in near-term risks for the economy. The credit ratings agency highlighted a moderate and declining government debt burden
Published 06 Nov, 2012 12:00am
Fitch upgrades Turkey to investment grade

Fitch upgrades Turkey to investment grade

Fitch Ratings upgraded Turkey to investment grade on Monday, a move long coveted by Ankara, citing underlying strengths and an easing in near-term risks for the economy. The credit ratings agency highlighted a moderate and declining government debt burden
Published 06 Nov, 2012 12:00am
Barclays brings CoCo litmus test for UK banks

Barclays brings CoCo litmus test for UK banks

Barclays Bank is embarking on a global roadshow to present its contingent capital (CoCo) structure to investors in what could be the first issue of its kind from a UK borrower. Barclays will meet investors in the US over the course of three days, with ban
Published 06 Nov, 2012 12:00am
Apple sells 3 million iPads in three days

Apple sells 3 million iPads in three days

Apple Inc said its sales of Wi-Fi only iPads had doubled from its last launch as it sold 3 million in the three days since the introduction of the two newest versions of its popular tablet computer. While lines for Apple's launch of its iPad mini and its
Published 06 Nov, 2012 12:00am
European leaders seek Asian support on debt crisis

European leaders seek Asian support on debt crisis

European leaders gathered in impoverished Laos Monday on a mission to reassure Asia they are finally getting a grip on the eurozone debt crisis during a major summit in the tiny landlocked nation. Top European officials including French President Francois
Published 06 Nov, 2012 12:00am
US, Chinese service sectors lose steam in October

US, Chinese service sectors lose steam in October

The expansion in the vast US services sector slowed slightly last month, suggesting growth in the world's largest economy would remain modest, while activity in China's services industry also waned. Businesses in Great Britain and India also lost momentum
Published 06 Nov, 2012 12:00am
'No concrete results' in nuclear efforts with Iran: Amano

'No concrete results' in nuclear efforts with Iran: Amano

Iran is still resisting efforts to find out whether it is hiding nuclear material and research, the head of the UN atomic watchdog said Monday. Intensified efforts to persuade Iran to give more information on its nuclear activities had produced "no concre
Published 06 Nov, 2012 12:00am
Five bomb blasts hit Manama, two killed

Five bomb blasts hit Manama, two killed

Five bombs exploded in the heart of the Bahraini capital Manama on Monday, killing two Asian street cleaners, officials said, and prompting mutual accusations from activists and a government trying to put down a mostly Shia pro-democracy uprising. The Int
Published 06 Nov, 2012 12:00am
MSF 'prevented' from reaching unrest-hit Myanmar areas

MSF 'prevented' from reaching unrest-hit Myanmar areas

Doctors Without Borders said Monday its teams had been threatened and stopped from reaching areas in Myanmar hit by communal bloodshed, leaving tens of thousands without essential health care. More than 100,000 people have been displaced and dozens killed
Published 06 Nov, 2012 12:00am
New York kids back in school, but chaos continues

New York kids back in school, but chaos continues

Children flocked to reopened schools across New York on Monday for the first time since superstorm Sandy, but colder weather piled on the misery for hundreds of thousands of people still lacking power. The sight of yellow school buses criss-crossing the B
Published 06 Nov, 2012 12:00am
Turkey to try Israeli top brass in deadly flotilla raid

Turkey to try Israeli top brass in deadly flotilla raid

An Istanbul court is set to begin Tuesday the trial of four top Israeli commanders Turkey blames for a deadly 2010 raid on a Gaza-bound ship, a case likely to rekindle tensions between former allies Turkey and Israel. Tuesday's hearing comes months after
Published 06 Nov, 2012 12:00am
Cameron seeks arms deals, supports Arab Spring

Cameron seeks arms deals, supports Arab Spring

British Prime Minister David Cameron sought to balance concern over human rights in Gulf Arab states with winning lucrative arms deals for Britain as he started a tour of the region on Monday. Cameron said supported calls for greater democracy in the Midd
Published 06 Nov, 2012 12:00am
Ukraine opposition protests against 'election fraud'

Ukraine opposition protests against 'election fraud'

Thousands of Ukrainians massed in central Kiev on Monday to protest against alleged fraud in parliamentary elections won by the ruling party as the opposition threatened not to recognise the new legislature. At least 2,000 opposition supporters carrying U
Published 06 Nov, 2012 12:00am
Sri Lanka lawyers protest against impeachment of judge

Sri Lanka lawyers protest against impeachment of judge

Hundreds of Sri Lankan lawyers took to the streets of Colombo on Monday protesting against a government move to impeach the country's top judge in an increasingly bitter dispute. Lawyers marched from the Supreme Court to the city centre denouncing efforts
Published 06 Nov, 2012 12:00am
Merkel coalition agrees welfare changes as poll looms

Merkel coalition agrees welfare changes as poll looms

German Chancellor Angela Merkel's centre-right coalition reached agreement on Monday on contentious social welfare issues that it hopes will bolster its support in the countdown to federal elections next September. After nearly eight hours of talks that u
Published 06 Nov, 2012 12:00am
EU awards first Marie Curie research prizes

EU awards first Marie Curie research prizes

Greek, British and Israeli scientists on Monday received the European Commission's first Marie Curie prizes for scientific research, a statement said. In the category of "promising research talent", Gkikas Magiorkinis of Greece was rewarded for his work o
Published 06 Nov, 2012 12:00am
China probe into Wen 'family wealth'

China probe into Wen 'family wealth'

China's ruling Communist Party has launched an inquiry into the alleged wealth of Premier Wen Jiabao's family at his own request, a report said Monday. Citing sources, Hong Kong's South China Morning Post (SCMP) said Wen had written to the Politburo Stand
Published 06 Nov, 2012 12:00am
22 dead in Indian floods, 60,000 displaced

22 dead in Indian floods, 60,000 displaced

Torrential rains in the southern Indian state of Andhra Pradesh have killed at least 22 people and displaced tens of thousands of villagers over the past week, an official said Monday. Downpours triggered by a cyclone that hit the coast last Wednesday nea
Published 06 Nov, 2012 12:00am
South Korea's first lady to be grilled in land-deal probe

South Korea's first lady to be grilled in land-deal probe

South Korean President Lee Myung-Bak's wife is to be questioned as part of a probe into a presidential retirement home deal that has already grilled Lee's brother and son, officials said Monday. The inclusion of First Lady Kim Yoon-Ok in the investigation
Published 06 Nov, 2012 12:00am
Shanghai copper falls

Shanghai copper falls

The most active February copper contract on the Shanghai Futures Exchange lost 1.5 percent to close the session at 55,780 yuan ($8,900), catching up with steeper falls in London on Friday and marking its cheapest level since September 7. And in China's ph
Published 06 Nov, 2012 12:00am
Copper hits two-month lows

Copper hits two-month lows

Copper hit two-month lows on Monday as the US presidential election, a leadership transition in China and two central bank meetings this week kept risk-prone investors on the sidelines of financial markets. Victory in Tuesday's US election for Republican
Published 06 Nov, 2012 12:00am
Oil prices soar

Oil prices soar

Oil prices rose on Monday in very choppy trading as investors remained cautious ahead of the US presidential election and with the recovery from Hurricane Sandy under way in the affected East Coast region. Brent and US crude managed gains only after dropp
Published 06 Nov, 2012 12:00am
Brazil farmers forced to replant soya after rains disappoint

Brazil farmers forced to replant soya after rains disappoint

Farmers in central Brazil are replanting soyabeans due to less-than-expected rainfall in the states of Mato Grosso and Goias, soyabean producers and analysts said on Monday. Replanting won't keep Brazil from harvesting what will likely be its biggest soya
Published 06 Nov, 2012 12:00am
Tokyo rubber tumbles

Tokyo rubber tumbles

Tokyo rubber futures tumbled more than 3 percent to a 1-1/2 month low on Monday, as investors trimmed long positions to cut their exposure to riskier assets ahead of the US presidential election, dealers said. The benchmark rubber contract for April deliv
Published 06 Nov, 2012 12:00am
Palm oil drops to three-week low, stockpile concerns linger

Palm oil drops to three-week low, stockpile concerns linger

Malaysian palm oil futures tumbled to their lowest in more than three weeks on Monday, as traders continued to worry over large stockpiles in the world's No 2 producer of the tropical oil. Traders and analysts expected inventories in Malaysia to reach a f
Published 06 Nov, 2012 12:00am
Coffee futures drop to multi-month lows

Coffee futures drop to multi-month lows

Coffee futures dropped on Monday, with Liffe robustas falling to an eight-month low while ICE arabica coffee reached a 4-1/2-month low, as a firm dollar contributed to weakness in soft commodity markets. Sugar and cocoa futures were mixed but little chang
Published 06 Nov, 2012 12:00am
Gold a touch higher in Asia

Gold a touch higher in Asia

Gold nudged a touch higher on Monday, paring falls after stronger-than-expected US jobs data sent gold to a two-month low in the previous session, but a stronger dollar curbed the rebound. "In the short term gold may hover around Friday's low, but there i
Published 06 Nov, 2012 12:00am
Gold recovers from nine-week low in Europe

Gold recovers from nine-week low in Europe

Gold prices firmed a touch on Monday after posting their biggest one-day drop since mid-June in the previous session as investors took to the sidelines ahead of Tuesday's US presidential election. Gains in the metal were limited by weakness in stock marke
Published 06 Nov, 2012 12:00am
US MIDDAY: wheat rises

US MIDDAY: wheat rises

US wheat futures rose on Monday on a mild wave of technical buying and worries about crop development in the parched US Plains, traders said. Concerns about tightening global supplies due to adverse weather conditions in key growing areas around the globe
Published 06 Nov, 2012 12:00am
8th D-8 summit to be held in Islamabad this month

8th D-8 summit to be held in Islamabad this month

Pakistan is going to host the 8th Summit of organisation of developing countries, D-8 this month. According to sources, the summit of a forum of top developing eight Muslim countries namely Iran, Turkey, Indonesia, Malaysia, Egypt, Nigeria, Pakistan and B
Published 06 Nov, 2012 12:00am
Fishermen Cooperative Society: eight directors likely to be appointed

Fishermen Cooperative Society: eight directors likely to be appointed

The government is likely to appoint eight directors to Fishermen Co-operative Society (FCS) with its chairman within a week, as the elected fishermen are considering a future plan to cope with a number of challenges. After some eight-year of administrativ
Published 06 Nov, 2012 12:00am
PIA flight to Jeddah aborted

PIA flight to Jeddah aborted

The PIA flight 3413 from Karachi to Jeddah aborted its flight at Karachi owing to 'bird hit'. This was stated by the spokesman of the PIA, Syed Sultan Hassan, here on Monday. He said that the plane returned to Karachi Airport. A stand-bye plane was being
Published 06 Nov, 2012 12:00am
Withdrawal of GST: APNS hails Punjab chief minister's decision

Withdrawal of GST: APNS hails Punjab chief minister's decision

The All Pakistan Newspapers Society (APNS) expressed its profound gratitude to the Chief Minister, Punjab, Shahbaz Sharif for withdrawal of the General Sales Tax imposed on the advertisements of newspapers and periodicals in Punjab on the request of the A
Published 06 Nov, 2012 12:00am
Allegations of Zaffar Ali Shah: PPP team calls on CEC

Allegations of Zaffar Ali Shah: PPP team calls on CEC

A delegation of Pakistan People's Party-Parliamentarian leaders called on Chief Election Commissioner (CEC) former Justice Fakharuddin G Ebrahim at Election Commission of Pakistan Sindh office here on Monday. They raised the issue of allegations of the PP
Published 06 Nov, 2012 12:00am
Air Marshal Khalid (Retd) takes over charge of DG CAA

Air Marshal Khalid (Retd) takes over charge of DG CAA

Air Marshal Khalid Choudhry (Retd), took over the charge of Director General, Civil Aviation Authority (CAA), Pakistan here on Monday. Air Marshal Khalid Choudhry (Retd) earned his Wings from PAF Academy, Risalpur in April, 1974. His aviation career inclu
Published 06 Nov, 2012 12:00am
GIDS to display comprehensive range of products

GIDS to display comprehensive range of products

Global Industrial & Defence Solutions (GIDS) is participating in IDEAS-2012 in a big way. This international exhibition of arsenal is organised on alternate years at Karachi Expo Centre. Organising IDEAS has helped in projecting Pakistan as a country capa
Published 06 Nov, 2012 12:00am
IDEAS Expo: alternative roadmap for public transport designed

IDEAS Expo: alternative roadmap for public transport designed

The international much-awaited mega event "IDEAS-2012" will be held at Expo Centre Karachi from November 7 to 11, 2012 in which participation of large number of foreign delegates, diplomats and business community is expected in the exhibitions and confere
Published 06 Nov, 2012 12:00am
Eight killed in Badin car crash

Eight killed in Badin car crash

At least eight members of same family have been killed and several others injured in a car crash near Talhar area of Badin. According to police, an over speeded car plunged into a ravine near Animal Mandi of Talhar area in Badin, leaving eight persons of
Published 06 Nov, 2012 12:00am
Saudi government to improve Hajj facilities

Saudi government to improve Hajj facilities

The government of Saudi Arabia has initiated several projects to improve existing services and provide better facilities to Hujjaj. Talking to newsmen, Fawad Amin Katib, a renounced Hajj service provider, said that the Saudi government had planned to init
Published 06 Nov, 2012 12:00am
Some estimate of losses!

Some estimate of losses!

On November 4, while addressing the inaugural ceremony of the three-day conference of the Association of Saarc Speakers and Parliamentarians, President Asif Ali Zardari said, "We have lost more than 40,000 innocent lives in addition to Rs 80 billion in ec
Published 06 Nov, 2012 12:00am
New Dutch government to take a pro-EU turn

New Dutch government to take a pro-EU turn

Dutch politics is likely to take a pro-European Union turn after the swearing in on Monday of a new centre-left government in The Hague, following almost two months of coalition talks. While Prime Minister Mark Rutte's liberal VVD came out the largest par
Published 06 Nov, 2012 12:00am
US elections

US elections

Today, the American nation will vote for electing a president who will lead them for the next four years. The contest between the sitting president Barrack Obama and presidential hopeful Mitt Romney appears very close and either could win the election.
Published 06 Nov, 2012 12:00am
Karachi will always matter

Karachi will always matter

While targeted killings have gone on unabated, and extortion and abduction for ransom have increased manifold in Karachi, the attitude of provincial government and police on display during the Supreme Court rehearing of the Karachi law and order situation
Published 06 Nov, 2012 12:00am
Karkey and the review petition

Karkey and the review petition

Karkey Karadenez Elektrik Uretim (KKEU) rental power plant has moved out of the sea surrounding Karachi in light of the Supreme Court verdict on rental power projects (RPPs). KKEU's representative informed Business Recorder that the ship is being s
Published 06 Nov, 2012 12:00am
Smeda approaches USAID for evaluation of its role

Smeda approaches USAID for evaluation of its role

Small and Medium Enterprises Development Authority (Smeda) has approached the USAID for evaluation of its role following the changed scenario in consequence of 18th Amendment in the Constitution and 7th NFC Award that caused diversion of major resources t
Published 06 Nov, 2012 12:00am
Seminar on 'Independent Living and City Planning' held

Seminar on 'Independent Living and City Planning' held

A delegation of Japanese experts of Independent Living addressed a seminar at City and Regional Planning Department, Lahore College for Women University (LCWU). The seminar was organised in collaboration with International Society of City and Regional Pla
Published 06 Nov, 2012 12:00am
Tree-plantation drive launched

Tree-plantation drive launched

A clean and salubrious neighbourhood can only be possible through the plantation of trees, which not only beautify our surroundings but also act in time as lungs for us, purifying the air and giving fresh strength to our people. This was stated by Jahanze
Published 06 Nov, 2012 12:00am
Cement exports decline by 20.59 percent in October

Cement exports decline by 20.59 percent in October

Cement despatches for the month of October 2012 declined by 5.87 percent mainly due to a drastic decline of 20.59 percent in export of cement while local despatches show a marginal growth of 0.19 percent.
Published 06 Nov, 2012 12:00am
UVAS arranges workshop on Newcastle disease

UVAS arranges workshop on Newcastle disease

University of Veterinary and Animal Sciences Vice-Chancellor Professor Dr Talat Naseer Pasha has urged scientists to equip themselves with the latest knowledge and skills to cope with Newcastle disease which is causing huge economic losses. He was address
Published 06 Nov, 2012 12:00am
Indian delegation arrives

Indian delegation arrives

A 45-member delegation led by Indian Punjab Deputy Chief Minister Sukhbir Singh Badal arrived here on Monday via Wagah border. Talking to the media, Rana Iqbal said friendly ties between Pakistan and India were growing rapidly. He said both the countries
Published 06 Nov, 2012 12:00am
Growers spell out minimum purchase price of cane

Growers spell out minimum purchase price of cane

Sugarcane growers have warned the Punjab government of burning their crop if the minimum purchase price is not fixed at Rs 280 per maund. The warning was issued at a meeting of the Kisan Board Pakistan (KBP) Central Punjab held at Mansoora on Monday with
Published 06 Nov, 2012 12:00am
Shahbaz recounts achievements

Shahbaz recounts achievements

Punjab Chief Minister Muhammad Shahbaz Sharif said that the PML-N led Punjab government has implemented such development projects during the last four and a half years, which are of direct benefit to the common man. "If implementation of public service pr
Published 06 Nov, 2012 12:00am
Jamaat-e-Islami leader dies

Jamaat-e-Islami leader dies

An elderly leader of the Jamaat-e-Islami and close associate of Maulana Syed Abul Ala Maudoodi, Maulana Minhajuddin, expired at Karak, on Monday. Maulana Minhajuddin was the foremost political prisoner in the country's history and was detained for holding
Published 06 Nov, 2012 12:00am
COMSATS Institute students visit LSE

COMSATS Institute students visit LSE

Students of COMSATS Institute of Information Technology, Vehari visited Lahore Stock Exchange (LSE) where they were given an insight about practical aspects of various financial institutions, their products and investment avenues by industry professionals
Published 06 Nov, 2012 12:00am
APPMA delegation meets Chinese counterparts

APPMA delegation meets Chinese counterparts

The six-member delegation of All Pakistan Papers Merchants Association (APPMA) who is on six-day visit to China headed by Khamis Saeed Butt, had a number of productive and fruitful meetings with their Chinese Counterparts. The members of APPMA delegation
Published 06 Nov, 2012 12:00am
HEC, MoF: World Bank likely to discuss cut in release of funds

HEC, MoF: World Bank likely to discuss cut in release of funds

The World Bank is likely to hold a meeting with the Higher Education Commission (HEC) and the Ministry of Finance in December to discuss issues related to reduction in release of funds by the Ministry of Finance to the Commission. The World Bank released
Published 06 Nov, 2012 12:00am
Jammu Martyrs' Day today

Jammu Martyrs' Day today

Kashmiris on both sides of the Line of Control and world over will observe Jammu Martyrs' Day today (Tuesday) to reaffirm their resolve to continue their liberation struggle till they achieve their inalienable right to self-determination. During the first
Published 06 Nov, 2012 12:00am
SECP chairman to participate in WEF in India

SECP chairman to participate in WEF in India

Securities and Exchange Commission of Pakistan (SECP) Chairman Muhammad Ali to participate in the World Economic Forum in India from November 6-8. It is learnt here on Monday that Indian state of Haryana was hosting the World Economic Forum and India summ
Published 06 Nov, 2012 12:00am
Young Khyber Pakhtunkhwa doctors seek better service structure

Young Khyber Pakhtunkhwa doctors seek better service structure

Young Doctor's of Khyber Pakhtunkhwa demanded of the government to provide them a comprehensive service structure for better health service delivery in the province, called for repealing rules barring from specialisation and obstacles on way of their prom
Published 06 Nov, 2012 12:00am
ECP to discuss safety of polling staff, voters

ECP to discuss safety of polling staff, voters

The Election Commission of Pakistan (ECP) has convened a high level meeting in the last week of November to discuss various options for the protection of polling staff and voters during general election, Additional Secretary Election Commission of Pakista
Published 06 Nov, 2012 12:00am
Early hearing of petition against Khosa: LHC dismisses plea

Early hearing of petition against Khosa: LHC dismisses plea

The Lahore High Court (LHC) Chief Justice on Monday dismissed an application for early hearing of a pending petition seeking disqualification of Punjab Governor Sardar Latif Khan Khosa. The petitioner, a bar member, pleaded that the petition was pending a
Published 06 Nov, 2012 12:00am
Allegations against IHC Judge rejected

Allegations against IHC Judge rejected

Malik Noor Zaman Khan, a tribal elder has rejected the allegations levelled against the Islamabad High Court Justice Mohammad Azeem Khan Afridi, called for a judicial inquiry to unearth the ground realities. Addressing at a press conference at Peshawar Pr
Published 06 Nov, 2012 12:00am
Nine-member Malaysian team to attend IDEAS Pakistan 2012

Nine-member Malaysian team to attend IDEAS Pakistan 2012

A nine-member defence delegation from Malaysia is proceeding to Karachi today (Tuesday) to attend the five-day International Defence Exhibition and Seminar (IDEAS) 2012 beginning in the port city on Wednesday, says a press release received here from Kuala
Published 06 Nov, 2012 12:00am
Lahore-based cricketer conceals income tax worth Rs 10 million

Lahore-based cricketer conceals income tax worth Rs 10 million

Directorate General of Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue (FBR) has said that a Lahore-based cricket all-rounder, who reportedly claimed to be a regular taxpayer, has concealed income tax worth Rs 10 million during
Published 06 Nov, 2012 12:00am
IJT to launch youth awareness drive in Khyber Pakhtunkhwa

IJT to launch youth awareness drive in Khyber Pakhtunkhwa

Islami Jamiat-e-Tulba (IJT) on Monday announced to launch a drive "Umeed Pakistan" to create awareness among students on the current country situation. The announcement was made by IJT Khyber Pakhtunkhwa Nazim Sohail Babar Rahi while speaking at a press c
Published 06 Nov, 2012 12:00am
Senate body summons KESC MD to discuss power supply agreement

Senate body summons KESC MD to discuss power supply agreement

Senate's Standing Committee on Water and Power, headed by Senator Zahid Khan, has summoned Managing Director, Karachi Electric Supply Company, Tabish Gauhar, and top officials of National Transmission and Dispatch Company (NTDC) on Tuesday (today) to disc
Published 06 Nov, 2012 12:00am
Pesco to take action against corrupt officials

Pesco to take action against corrupt officials

Peshawar Electricity Supply Company (Pesco) has started accountability of taking corrupt elements of the company to task through initiating disciplinary action against. Those who will face action are included six senior engineers of Executive Engineers st
Published 06 Nov, 2012 12:00am
Security guard shot dead in Swat

Security guard shot dead in Swat

Unknown armed men shot dead security guard of private school here on Monday. According to police, the firing incident took place in Mohallah Sunehri of Swat where unidentified gunmen shot at and killed a security guard of private school who was returning
Published 06 Nov, 2012 12:00am
More resources allocated to ongoing schemes: Hoti

More resources allocated to ongoing schemes: Hoti

Chief Minister Khyber Pakhtunkhwa Ameer Haider Khan Hoti has directed the acceleration of the pace of work on all ongoing development schemes in general and construction of new roads in particular in the province. He issued these directives while presidin
Published 06 Nov, 2012 12:00am
EU trade concessions to help strengthen economy: Raja

EU trade concessions to help strengthen economy: Raja

Prime Minister Raja Pervez Ashraf on Monday said Pakistan attaches great importance to its relations with European Union, which would be further strengthened with passage of time. He was talking to President of European Council, Van Rompuy, who called on
Published 06 Nov, 2012 12:00am
RECORDER REPORT

RECORDER REPORT

Customs officials have refused to rectify a simple clerical error--not entering correct container number on goods declaration (GD) filed by an importer, taking the plea that there is no provision in the Customs Act 1969 to correct clerical errors.
Published 06 Nov, 2012 12:00am
'Make your day healthy, the juicy way'

'Make your day healthy, the juicy way'

Tetra Pak, world's leading food processing and packaging company, has last week launched a new communication campaign to create awareness about the nutritional benefits of drinking safe and healthy juices, especially as part of the breakfast meal. The obj
Published 06 Nov, 2012 12:00am
Prime Minister hails counterpart for ASEM-9 arrangements

Prime Minister hails counterpart for ASEM-9 arrangements

Prime Minister Raja Pervez Ashraf on Monday met with Prime Minister of Laos, Thongsing Thammavong and appreciated the arrangements made for Asia-Europe Meeting Summit (ASEM-9). During the meeting, PM Ashraf, who is visiting Laos Capital to attend ASEM-9,
Published 06 Nov, 2012 12:00am
Small traders criticise police performance

Small traders criticise police performance

Small traders showed disappointment over the police's performance against the street crimes and extortionism in the city, saying the government seems indifferent to implement the Supreme Court of Pakistan's interim order to stem unrest. Talking to Busi
Published 06 Nov, 2012 12:00am
Consumers irked by low gas pressure

Consumers irked by low gas pressure

Most of the CNG stations owners have continued their unannounced protest against the decrease in prices of CNG by the government following the Supreme Court (SC) order due to which long queues of vehicles were observed at fuel stations, providing gas to c
Published 06 Nov, 2012 12:00am
Khyber Pakhtunkhwa's CNG Association calls off strike

Khyber Pakhtunkhwa's CNG Association calls off strike

CNG Association Khyber Pakhtunkhwa on Monday voluntarily called off their unannounced strike and resumed sale of the cheap fuel to private motorists and commuters' vehicles in the province. The decision of ending strike was taken by the Association after
Published 06 Nov, 2012 12:00am
'Mother & child week' begins in FATA

'Mother & child week' begins in FATA

Each year Pakistan registers preventable deaths of 432,000 children under-five and 20,000 mothers due to causes related to pregnancy and child birth. Among the under-five deaths, two-thirds are in the new-born period (first 28 days of life) and the remain
Published 06 Nov, 2012 12:00am
US envoy calls on Khar

US envoy calls on Khar

Foreign Minister Hina Rabbani Khar underlined the need to continue to focus on positive narratives in Pak-US relationship such as revival of the bilateral strategic dialogue process, infrastructure and development projects, besides strengthening economic
Published 06 Nov, 2012 12:00am
12.66 million cotton bales expected this season: CCAC

12.66 million cotton bales expected this season: CCAC

The meeting of Cotton Crop Assessment Committee (CCAC) was informed on Monday that during this season it is expected that as many as 12.66 million cotton bales would be produced across the country against the initial estimates of 14.6 million bales for th
Published 06 Nov, 2012 12:00am
PIA's post-Hajj operation as per schedule

PIA's post-Hajj operation as per schedule

With timely arrival of Hujjaj at Jeddah Hajj Terminal, PIA's Post Hajj operation has become smooth and its aircrafts are leaving as per expected time of departure (ETD) to arrive at Pakistan as per schedule. Since November 4, some 95 percent of post-Hajj
Published 06 Nov, 2012 12:00am
ECP restores Waseem's membership

ECP restores Waseem's membership

Pursuant to the Judgement dated October 22, 2012, passed by the Supreme Court of Pakistan, in Civil Review Petition No 214 of 2012 in Constitution Petition No 5 of 2012 (Chaudhry Waseem Qadir Vs. Mehmood Akhtar Naqvi and others), the Election Commission o
Published 06 Nov, 2012 12:00am
Microsoft launches Windows 8 in Pakistan

Microsoft launches Windows 8 in Pakistan

Microsoft recently announced the availability of Windows 8 for its customers in Pakistan and around the world. Now consumers and businesses world-wide will be able to experience all that Windows 8 has to offer: a beautiful new UI, a wide range of apps wit
Published 06 Nov, 2012 12:00am
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