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Print - 2012-11-15
Punjab Minister accuses Centre of destroying agriculture sector

Punjab Minister accuses Centre of destroying agriculture sector

Punjab Minister for Agriculture Malik Ahmad Ali has said that federal government is bent upon destroying agriculture sector deliberately and, in order to help facilitate their friends, an artificial crisis of fertiliser was created and two lakh tons ferti
Published 15 Nov, 2012 12:00am
PML-N reacts to Imran's statement

PML-N reacts to Imran's statement

PML-N has reacted strongly to Imran Khan and advised him to clear his position on keeping mum against drone attacks during his visit to US. Imran Khan has demanded a bar on political activities of Nawaz Sharif for accepting money under Asghar Khan's Case.
Published 15 Nov, 2012 12:00am
Obesity, physical inactivity main reasons behind rise in diabetes cases

Obesity, physical inactivity main reasons behind rise in diabetes cases

The Diabetes is predicted to become the seventh leading cause of death in the world by the year 2030. About 347 million people world-wide were suffered by the diabetes. A total of deaths from diabetes are projected to rise by more than 50 percent in the n
Published 15 Nov, 2012 12:00am
Six uplift schemes approved

Six uplift schemes approved

The Punjab government approved six developing schemes costing Rs 7. 7 billion including Rs 5.5 billion for two ongoing mega road construction projects of the provincial capital on Wednesday. The approval for these projects was given in the 19th meeting of
Published 15 Nov, 2012 12:00am
International moot on ideal human & ideal society

International moot on ideal human & ideal society

Punjab University, The Fountain Magazine and Rumi Forum are jointly organising an international conference on "Ideal Human & Ideal Society in the Thoughts of M. Fethullah Gulen" on Wednesday November 21st at PU Law College auditorium. The conference will
Published 15 Nov, 2012 12:00am
Gilani won't appear before FIA official tomorrow

Gilani won't appear before FIA official tomorrow

Former Prime Minister Syed Yousuf Raza Gilani will not appear before any official of Federal Investigation Agency (FIA) on November 16. However, his counsel will join the investigation, family sources said here on Wednesday. An official of the Federal Inv
Published 15 Nov, 2012 12:00am
Five killed, 17 hurt in fog-related accidents

Five killed, 17 hurt in fog-related accidents

Five people were killed and three others wounded in a collision between a passenger bus and truck near Noorpur Bridge due to condensed fog in Bahawalpur some 95 kilometres south of Multan on Wednesday. DPO Bahawalpur Suhail Chattha said that all the five
Published 15 Nov, 2012 12:00am
LCCI for consultation process before trade policy announcement

LCCI for consultation process before trade policy announcement

In the backdrop of persistent increase in trade deficit, the Ministry of Commerce should take immediate steps towards initiating a consultation process before finalising trade policy so that country's exports could be enhanced. The Lahore Chamber of Comme
Published 15 Nov, 2012 12:00am
LCCI, SCCI sign MoU to promote trade, industry

LCCI, SCCI sign MoU to promote trade, industry

The Lahore Chamber of Commerce and Industry (LCCI) and Sargodha Chamber of Commerce and Industry (SCCI) on Wednesday inked Memorandum of Understanding (MoU) to wage joint efforts and pool their resources for the promotion of trade and industry in their re
Published 15 Nov, 2012 12:00am
Future of agriculture growth depends on innovations in biotechnology

Future of agriculture growth depends on innovations in biotechnology

Agricultural experts, while speaking at a meeting convened by the Farmers Associates Pakistan (FAP), said that developing countries like Pakistan would have to adopt genetically modified/biotech crops in the shortest possible time to ensure food security
Published 15 Nov, 2012 12:00am
Media's help sought to forge sectarian harmony

Media's help sought to forge sectarian harmony

Senior Advisor to Chief Minister Punjab and Chairman Cabinet Committee Muharram-ul-Haram Senator Sirdar Zulfiqar Ali Khan Khosa said that electronic and print media should help the government in maintenance of atmosphere of peace, brotherhood and harmony
Published 15 Nov, 2012 12:00am
Need stressed for provision of better health services for women

Need stressed for provision of better health services for women

The participants at a consultative dialogue on Wednesday urged the policymakers, legislators and key stakeholders to take effective steps for delivery of better health services to adolescent girls and mothers. They also demanded considering adolescent gir
Published 15 Nov, 2012 12:00am
Afghan minister meets Malik

Afghan minister meets Malik

Afghanistan's Minister for Anti-Narcotics, Zafar Ahmad and Interior Minister, Rehman Malik on Wednesday vowed to continue efforts to boost bilateral co-operation, especially in anti-narcotics campaign. Besides matters of mutual interest, they discussed bo
Published 15 Nov, 2012 12:00am
Tax registration and enforcement initiative

Tax registration and enforcement initiative

Prime Minister Raja Pervez Ashraf has given approval to the tax administration and enforcement initiative proposed by the Federal Board of Revenue (FBR) which seeks to document 3.8 million potential income taxpayers currently outside the tax net. Sceptics
Published 15 Nov, 2012 12:00am
Peace in Afghanistan

Peace in Afghanistan

Of the vows and undertakings that Team Obama made to American voters the one most appealing was that if elected their sons and daughters would be back home from Afghanistan before the 31st December 2014 deadline. The American public knew well that Afghani
Published 15 Nov, 2012 12:00am
VIEW POINT: Karachi situation

VIEW POINT: Karachi situation

As the death toll from targeted killings in Karachi rose to 40 in just three days so rose tempers on Monday of two contenders for the city's control, the MQM and ANP, who in the first place are responsible for causing unremitting conflict and chaos, in wh
Published 15 Nov, 2012 12:00am
Money laundering and politically exposed persons (PEPs)

Money laundering and politically exposed persons (PEPs)

Defining the PEPs: Politically Exposed Persons (PEPs) are individuals who are, or have been, entrusted with prominent public functions, such as heads of state or government.1 A considerable number of jurisdictions expect financial institutions to t
Published 15 Nov, 2012 12:00am
Austrian corruption probe traces Eurofighter money flow

Austrian corruption probe traces Eurofighter money flow

Corruption allegations have lingered around Austria's decision to buy Eurofighter aircraft since the deal was signed in 2003. Nearly a decade later, prosecutors are building a case that could lead to charges against officials involved in the deal with the
Published 15 Nov, 2012 12:00am
Who will bell the cat?

Who will bell the cat?

This is in reference to a news report dated 20th October 2012 titled "Pay commission call for doing away the salary distortion". I am afraid that a good policy will fall prey to corrupt officers who are partial to political farces in power.
Published 15 Nov, 2012 12:00am
Strategy for operations, drone attacks: IDPs to hold Grand Shura

Strategy for operations, drone attacks: IDPs to hold Grand Shura

The Internally Displaced Persons (IDPs) from tehsil Bara, Khyber Agency have decided to hold a 'Grand Shura meeting' to devise a comprehensive strategy against the security forces' prolonged operations, and the US predator strikes in the tribal region, an
Published 15 Nov, 2012 12:00am
Dry fruit prices soar by 25 percent

Dry fruit prices soar by 25 percent

As the dry fruit business picks up with the start of winter season in Pakistan every year, the wholesale dry fruit market operators and the vendors have increased prices of all items by 25 percent except pine nut (Chilgoza). Dry fruits include dates, apri
Published 15 Nov, 2012 12:00am
Musharraf sees conspiracy against army

Musharraf sees conspiracy against army

Former President Pervez Musharraf has said that a conspiracy has been hatched against the army based on the fact, "If you want to weaken Pakistan then weaken the army" and this is what is happening now. In an interview to British Radio on Wednesday, Musha
Published 15 Nov, 2012 12:00am
Two alleged target killers arrested

Two alleged target killers arrested

The Anti-Extremist Cell (AEC) of the Crime Investigation Department (CID) on Wednesday claimed to have nabbed two alleged target killers, who were said to be involved in three dozens murders, in separate raids in various parts of the metropolis.
Published 15 Nov, 2012 12:00am
SU vice chancellor urges faculty members to be fair with jobs

SU vice chancellor urges faculty members to be fair with jobs

The Vice Chancellor, Sindh University (SU), Dr Nazir A Mughal has stressed that the faculty members should fulfil their responsibilities by being fair with the University as well as their jobs at any cost. This, he stated while addressing an Eid Milan Par
Published 15 Nov, 2012 12:00am
Smuggling of fish to Iran comes to an end

Smuggling of fish to Iran comes to an end

Fish smuggling from Pakistan to Iran has come to an end as global sanctions have exhausted Iranian buyers' finances, resulting in a steep plunge in the prices of a number of species in the local market, fisheries sources said on Wednesday. "Fish smuggling
Published 15 Nov, 2012 12:00am
BOI working to introduce fund for SME sector: Mandviwalla

BOI working to introduce fund for SME sector: Mandviwalla

Board of Investment (BOI) in collaboration with USAID and Bank Al-Falah has been working to introduce a fund for the development of SME sector in Pakistan. "Four funds are being created of $50 million each out of which 50 percent is USAID share while the
Published 15 Nov, 2012 12:00am
Argentinean envoy meets Khyber Pakhtunkhwa Governor

Argentinean envoy meets Khyber Pakhtunkhwa Governor

Ambassador of Argentine Republic in Pakistan, Rodolfo Martin Saravia called on the Khyber Pakhtunkhwa Governor, Barrister Masood Kausar at Governor's House, Peshawar on Wednesday. He remained with the Governor for some time and discussed matters of mutual
Published 15 Nov, 2012 12:00am
ICMAP holds SAFA summit in Lahore

ICMAP holds SAFA summit in Lahore

A SAFA summit followed the theme "Corporate Governance and Transparency" organised by the Institute of Cost and Management Accountants of Pakistan (ICMAP) in Lahore. The summit was attended by delegates from India, Bangladesh, Sri Lanka and Nepal.
Published 15 Nov, 2012 12:00am
CG optimistic about Pakistan-Russia PTA prospects

CG optimistic about Pakistan-Russia PTA prospects

Consul General of Russian Federation, Andrey V. Demidov said good prospects for Pak-Russia Preferential Trade Agreement (PTA) do exist and Russian Mission can prepare a feasibility study on PTA as deliberations are required on certain legalities. Speaking
Published 15 Nov, 2012 12:00am
Robbers loot Rs 3.7 million from bank

Robbers loot Rs 3.7 million from bank

The city has witnessed second bank robbery in a week as a gang of robbers on Wednesday looted Rs 3.7 million from a government bank branch located in Gulistan-e-Johar in the limits of Sharah-e-Faisal police station. Police said at around 9:15 AM, six arme
Published 15 Nov, 2012 12:00am
No-trust motion against BA Speaker under consideration

No-trust motion against BA Speaker under consideration

Consultations began on Wednesday to bring a no-trust motion against Balochistan Speaker Nawab Aslam Bhotani as Prime Minister summoned PPP lawmakers to Islamabad in a bid to resolve the crisis. According to sources, PPP's coalition partners and independen
Published 15 Nov, 2012 12:00am
Sepa team visits 16 units in 15 days

Sepa team visits 16 units in 15 days

"Sindh Environmental Protection Agency's (Sepa) technical team has monitored /visited 16 various units including industries, hospitals/building projects, municipal services organisation and other miscellaneous units in Karachi during the last 15 days". Th
Published 15 Nov, 2012 12:00am
International child abuse day on November 19

International child abuse day on November 19

Society for the Protection of the Rights of the Child (SPARC) NGO will arrange a ceremony to mark world international child abuse day on November 19. The programme will be held at railway station. According to a statement issued here on Wednesday Shafique
Published 15 Nov, 2012 12:00am
'Huge' allocation of funds resented

'Huge' allocation of funds resented

National Assembly's Sub-Committee on Public Accounts Committee (PAC) was told on Wednesday that the Ministry of Kashmir Affairs and Gilgit-Baltistan was allocated funds of Rs 180 million for the rehabilitation of Kashmir refugees and out of total funds, R
Published 15 Nov, 2012 12:00am
Fake foreign exchange business: two accused held by NAB

Fake foreign exchange business: two accused held by NAB

National Accountability Bureau (NAB) Rawalpindi on Wednesday arrested Tahir Saeed and Nadeem Raza who have allegedly plundered Rs 300 million from 27 complainants on the pretext of investment in their (fake/bogus) foreign exchange business namely M/s Ahme
Published 15 Nov, 2012 12:00am
PTCL extends Vfone service to isolated areas of Balochistan

PTCL extends Vfone service to isolated areas of Balochistan

As part of its vision to bring latest Information and Communication Technologies (ICT) to the remotest areas of the country, Pakistan Telecommunications Company Limited (PTCL) has extended its Vfone wireless service to isolated Mekhtar, Bard and Murgha Ki
Published 15 Nov, 2012 12:00am
Participants of 12th SMC visit Pemra

Participants of 12th SMC visit Pemra

Participants of 12th Senior Management Course (SMC) comprising senior Government officers from various Federal and provincial government departments, autonomous and public sector organisations visited Pemra headquarters on Wednesday here at Islamabad.
Published 15 Nov, 2012 12:00am
US-funded municipal services project becomes operational

US-funded municipal services project becomes operational

A modern and scientific water and sanitation system is being launched in the provincial metropolis from today (Thursday). Under the new system in all those areas facing the problem of acute water shortage not only new, but, all outdated tube-wells will al
Published 15 Nov, 2012 12:00am
McDonald's celebrates World Tourism Day

McDonald's celebrates World Tourism Day

McDonald's Pakistan joined hands with Pakistan's tourism industry in celebrating World Tourism Day on September 27 in a befitting manner. It partnered with the Tourism Development Corporation of Punjab (TDCP) to sponsor a photography and painting contest
Published 15 Nov, 2012 12:00am
Local PML-N, PML-Q leaders join PPP

Local PML-N, PML-Q leaders join PPP

Local leaders of PML-N and PML-Q along with workers have announced to join Pakistan People's Party here on Wednesday. According to details, Shamroz Khan Sumbal of PML-Q and Malik Pervez of PML-N along with their tribesmen and political workers announced t
Published 15 Nov, 2012 12:00am
Police's excesses: PML-N leader sends SOS to CJP

Police's excesses: PML-N leader sends SOS to CJP

PML-N (Sindh chapter) leader Amir Bux Bhutto has appealed the Chief Justice Supreme Court, to take notice of his victimisation by the local police. He made this appeal in a letter, copy received by Business Recorder from PML-N's media cell, mention
Published 15 Nov, 2012 12:00am
Battery dealers: Rs one billion ST evasion detected

Battery dealers: Rs one billion ST evasion detected

Directorate General of Intelligence and Investigation Federal Board of Revenue (FBR) is focusing on a rapidly growing new sector engaged in manufacture and supply of batteries and detected massive evasion of sales tax to the tune of Rs 1 billion by the ba
Published 15 Nov, 2012 12:00am
Self-determination right: UNGA adopts Pakistan draft

Self-determination right: UNGA adopts Pakistan draft

A committee of the UN General Assembly has adopted a Pakistan-sponsored resolution reaffirming that the universal realisation of the right to self-determination is a fundamental condition for the effective guarantee of human rights. The resolution co-spon
Published 15 Nov, 2012 12:00am
Jamaat-e-Islami delegation leaves for Sudan

Jamaat-e-Islami delegation leaves for Sudan

A delegation of Jamaat-e-Islami left here for Sudan on Wednesday on a five-day visit, on the invitation of the Islamic Movement of Sudan. The delegation is led by the JI Ameer, Syed Munawar Hasan and includes JI Secretary-General, JI Foreign wing chief, A
Published 15 Nov, 2012 12:00am
CNG stations: APCNGA expresses concerns over audit report

CNG stations: APCNGA expresses concerns over audit report

All Pakistan CNG Association (APCNGA) on Wednesday expressed reservations on forensic audit report of the CNG stations terming it flawed. In a letter sent to Chairman OGRA regarding audit of production cost of the CNG filling stations on the directives of
Published 15 Nov, 2012 12:00am
Over seven million in Pakistan suffer from diabetes

Over seven million in Pakistan suffer from diabetes

More than 7 million people in Pakistan are suffering from diabetes which indicates that the number of patients could increase to 11.04 million by the end of the year 2030, said Dr Qamar Masood, General Secretary Pakistan Endocrine Society (PES) on Wednesd
Published 15 Nov, 2012 12:00am
WMBL begins branchless banking with Mobilink partnership

WMBL begins branchless banking with Mobilink partnership

Waseela Microfinance Bank Limited (WMBL) has announced the commencement of commercial operations for branchless banking in Pakistan in partnership with Mobilink. This announcement follows the approval by the State Bank of Pakistan for WMBL to launch Mobil
Published 15 Nov, 2012 12:00am
'Dissecting Pakistan's media' from November 29

'Dissecting Pakistan's media' from November 29

Individual and (IL-Pakistan) is organising National Media Conference titled "Dissecting Pakistan's Media" here from November 29th-30th. IL-Pakistan is an Islamabad based non-profit development organisation. IL-Pakistan has a demonstrated track of working
Published 15 Nov, 2012 12:00am
New broader Russian treason law alarms Putin critics

New broader Russian treason law alarms Putin critics

Russia enacted a new treason law on Wednesday, alarming opponents of President Vladimir Putin who fear he will use it to silence critics and - in a reminder of the Soviet past - put at risk almost anyone who associates with foreigners. The law broadens th
Published 15 Nov, 2012 12:00am
Russia loses contact with satellites, space station

Russia loses contact with satellites, space station

Russia on Wednesday lost the ability to send basic commands to most of its satellites and segment of the International Space Station following a power cable failure near Moscow. The Roscosmos space agency attributed the embarrassing malfunction to basic r
Published 15 Nov, 2012 12:00am
US stops short of recognising Syrian opposition body

US stops short of recognising Syrian opposition body

The United States declined to follow France in fully recognising a fledgling Syrian opposition coalition on Wednesday, saying the body must prove its worth, after its predecessor was dogged by feuding and accusations of Islamist domination. Syria decried
Published 15 Nov, 2012 12:00am
Several EU leaders decline Nobel peace invite

Several EU leaders decline Nobel peace invite

Fewer than a dozen European leaders have so far accepted an invitation to attend next month's Oslo ceremony to award the Nobel Peace Prize to the European Union, this year's controversial winner, the Nobel Institute said Wednesday. "Between eight and 10 h
Published 15 Nov, 2012 12:00am
Russia's nuclear envoy on snap visit to Iran

Russia's nuclear envoy on snap visit to Iran

Russia's representative in international talks with Iran over its disputed nuclear programme, Sergei Ryabkov, is to meet Tehran's top negotiator on Wednesday, news agencies reported. Ryabkov, who is also deputy foreign minister, was due to meet Saeed Jali
Published 15 Nov, 2012 12:00am
Suu Kyi urges Indian support in democracy push

Suu Kyi urges Indian support in democracy push

Myanmar opposition leader Aung San Suu Kyi urged the people of India to help her country achieve democracy as she paid a landmark visit on Wednesday to New Delhi. "We have not yet achieved the goal of democracy and we are still trying and we hope that the
Published 15 Nov, 2012 12:00am
Iraq bombings kill 19

Iraq bombings kill 19

A spate of apparently co-ordinated attacks across Iraq on the eve of the Islamic New Year killed 19 people and wounded more than 150 others on Wednesday, officials said. The 13 bombings and shootings struck in Baghdad and nine other cities, the security a
Published 15 Nov, 2012 12:00am
Japan to hold general election on December 16

Japan to hold general election on December 16

Japan will hold a general election on December 16, a senior governing party official confirmed Wednesday, putting an end to months of speculation over the date of polls. Democratic Party of Japan (DPJ) deputy party secretary general Jun Azumi told broadca
Published 15 Nov, 2012 12:00am
Strikes, protests as anger over Jordan fuel hike spreads

Strikes, protests as anger over Jordan fuel hike spreads

Jordan was hit Wednesday by a wave of protests and strikes while rioting broke in southern cities and a police station was attacked, security officials said, as anger mounted against a whopping rise in fuel prices. The sudden price hike, followed by an 11
Published 15 Nov, 2012 12:00am
10 killed as Iran's rescue chopper crashes in fog

10 killed as Iran's rescue chopper crashes in fog

Ten people were killed Wednesday when a rescue helicopter ferrying wounded people from a vehicle accident to hospital hit power lines and crashed to the ground in north-eastern Iran, media reported. Those who died included four members of the helicopter c
Published 15 Nov, 2012 12:00am
Flooding hits Rome as Italy cleans up water damage

Flooding hits Rome as Italy cleans up water damage

Flooding struck the northern outskirts of Rome on Wednesday after heavy rains in central Italy swelled the Tiber River, as Tuscany, Umbria and Venice counted the costs of extensive flood damage. The river that snakes through the city tore its banks in som
Published 15 Nov, 2012 12:00am
BBC marks unhappy 90th birthday

BBC marks unhappy 90th birthday

The BBC marked the 90th anniversary of its first ever transmission on Wednesday beset by doubts about its future after scandals surrounding its reporting of child sex abuse allegations. A composition by Damon Albarn, frontman of the pop group Blur, will b
Published 15 Nov, 2012 12:00am
Ivory Coast government dissolved

Ivory Coast government dissolved

A dispute among members of the ruling coalition in the Ivory Coast over a new marital law on Wednesday prompted President Alassane Ouattara to dissolve the government, a spokesman said. The National Assembly on Tuesday passed amendments to the marriage ac
Published 15 Nov, 2012 12:00am
Karachi peace: MQM for giving full powers to police, Rangers

Karachi peace: MQM for giving full powers to police, Rangers

Shia-Sunni clashes are disturbing peace in Karachi, member MQM Rabita Committee and Sindh Minister for Information and Technology Raza Haroon said here on Wednesday. Speaking at the Meet-the-Press programme at MQM Punjab House, Haroon said under a conspir
Published 15 Nov, 2012 12:00am
SMEDA for implementation of UNDP-funded project

SMEDA for implementation of UNDP-funded project

Small and Medium Enterprises Development Authority (SMEDA) is going to implement a UNDP funded project to empower poor strata of the society with right to do marginalized businesses, which have no clear legal status so far in Pakistan. It was revealed at
Published 15 Nov, 2012 12:00am
POL products' prices: hearing adjourned to January 9

POL products' prices: hearing adjourned to January 9

The Lahore High Court Chief Justice here Wednesday adjourned to January 9 next the proceedings in a petition challenging the increase in the prices of petroleum products and directed the petitioner to file his rejoinder to a reply submitted by Ogra. The c
Published 15 Nov, 2012 12:00am
Two-Day 'Fun Fair' concludes

Two-Day 'Fun Fair' concludes

Two-Day "Fun Fair" organised by Laboratory Girls High School (LGHS) University of Agriculture, Faisalabad, concluded on Wednesday with colourful cultural programme in Iqbal Auditorium of the University. Professor Dr Iqrar Ahmad Khan, Vice Chancellor was t
Published 15 Nov, 2012 12:00am
National Assembly passes Criminal Law (Amend) Bill, 2011

National Assembly passes Criminal Law (Amend) Bill, 2011

The National Assembly Wednesday unanimously passed "The Criminal Law (Amendment) Bill, 2011" to criminalise illegal business of and dealing in fake prize bonds. The Bill was moved by Minister for Law and Justice Farooq H Naek in the House for passage.
Published 15 Nov, 2012 12:00am
National Assembly passes Criminal Law (Amend) Bill, 2011

National Assembly passes Criminal Law (Amend) Bill, 2011

The National Assembly Wednesday unanimously passed "The Criminal Law (Amendment) Bill, 2011" to criminalise illegal business of and dealing in fake prize bonds. The Bill was moved by Minister for Law and Justice Farooq H Naek in the House for passage.
Published 15 Nov, 2012 12:00am
LHC orders SP Gujrat to produce Saqib Hussain

LHC orders SP Gujrat to produce Saqib Hussain

The Lahore High Court while taking serious note of police inefficiency directed SP Gujrat to produce Saqib Hussain before the court on December 6. Earlier SP Investigations Javed Iqbal appeared before the court and stated that sincere efforts were being m
Published 15 Nov, 2012 12:00am
PPP-led move for South Punjab province to fizzle out

PPP-led move for South Punjab province to fizzle out

Pakistan Peoples' Party-led movement for creation of South Punjab is quite near to die due to growing election euphoria, pushing the regional heavyweights to join major political parties than endeavouring for a new province before elections.
Published 15 Nov, 2012 12:00am
'Growing external debt casts negative impact on growth'

'Growing external debt casts negative impact on growth'

Burden of gradually increasing external debt and debt servicing in Pakistan is exerting significant negative pressure on the economic growth of the country especially, in the absence of a specific socio-economic uplift framework and taxation reforms.
Published 15 Nov, 2012 12:00am
Pakistan hockey squad for Champions Trophy announced'

Pakistan hockey squad for Champions Trophy announced'

Pakistan hockey team announced here on Wednesday for Champions Trophy with two new faces in Kashif Ahmed and Mohammad Atiq. The team management is hoping to improve Pakistan's ranking by putting up a good show in 8-nation event being played from December
Published 15 Nov, 2012 12:00am
Pakistan soccer team leaves for Singapore

Pakistan soccer team leaves for Singapore

Pakistan football team has left for Singapore to take part in friendly international football matches against host Singapore on November 16 and 19. Football team is comprised of Jaffar Khan (captain), Jahangir Yousuf, Ejaz Butt, Samar Ishaq, Naveed Ahmed,
Published 15 Nov, 2012 12:00am
Davis Cup: Czechs out to avenge 2009 thrashing by Spain

Davis Cup: Czechs out to avenge 2009 thrashing by Spain

The Czech Republic will aim to avenge a humiliating 5-0 defeat in the 2009 Davis Cup final when they take on holders Spain in this year's climax starting here on Friday. The team led by Tomas Berdych and Radek Stepanek will also want to add another trophy
Published 15 Nov, 2012 12:00am
Gower success shows scale of England's India task

Gower success shows scale of England's India task

Margaret Thatcher was still Britain's Prime Minister and Alastair Cook barely a month old when England last won a Test series in India. Such is the size of the challenge confronting Cook, who in Ahmedabad on Thursday will begin his quest to become the fir
Published 15 Nov, 2012 12:00am
Bangladesh struggle after Chanderpaul's double ton

Bangladesh struggle after Chanderpaul's double ton

Bangladesh struggled in reply to a huge West Indian total and faced the prospects of following on after Shivnarine Chanderpaul hit a brilliant double century in the first Test here on Wednesday. The hosts were 164-3 at close on the second day, still needi
Published 15 Nov, 2012 12:00am
London submits bid to host 2017 IPC worlds

London submits bid to host 2017 IPC worlds

London, hosts of this year's Paralympic Games, has submitted a formal bid for the 2017 IPC World Championships, the city's mayor Boris Johnson announced on Wednesday. Johnson said the success of the Games, hailed as the biggest and most high-profile in Pa
Published 15 Nov, 2012 12:00am
Law appointed interim batting coach for Australia

Law appointed interim batting coach for Australia

Former test batsman Stuart Law will step in as interim batting coach for Australia after Justin Langer stepped down to take up the head coach position for his native Western Australia state. Law, who played one test for Australia in 1995 and 54 one-day in
Published 15 Nov, 2012 12:00am
Finn and Sharma out of first India-England Test

Finn and Sharma out of first India-England Test

India and England will be without the services of fast bowlers Ishant Sharma and Steven Finn when they open a four-Test series in Ahmedabad on Thursday. Finn has not recovered from a thigh strain suffered in England's three-day tour opener in Mumbai last
Published 15 Nov, 2012 12:00am
Ashwin has enough variations to fox batsmen: Dhoni

Ashwin has enough variations to fox batsmen: Dhoni

India do not boast a mystery spinner like Pakistan's Saeed Ajmal but off-spinner Ravichandran Ashwin's variations make him quite a handful, team captain Mahendra Singh Dhoni said on Wednesday. The onus will be on India's slow bowlers to exploit England's
Published 15 Nov, 2012 12:00am
Iraq edge Jordan to boost Brazil bid

Iraq edge Jordan to boost Brazil bid

A late goal by striker Hammadi Ahmed gave a youthful Iraq a vital 1-0 victory over Jordan in World Cup qualifying on Wednesday, thrusting them back into contention for a place in Brazil. Jordan had wasted a number of good chances to break the deadlock bef
Published 15 Nov, 2012 12:00am
Japan beat Oman

Japan beat Oman

Shinji Okazaki's late strike gave Japan a 2-1 away victory over Oman on Wednesday, leaving the Asian champions on the brink of qualifying for the 2014 World Cup in Brazil. Oman looked to have salvaged a point in sweltering Muscat after Ahmed Mubarak's def
Published 15 Nov, 2012 12:00am
Sterling falls versus dollar

Sterling falls versus dollar

Sterling hit a two-month low versus the dollar on Wednesday after the Bank of England said Britain faced years of meagre economic growth and left the door open for yet more stimulus. Comments from BoE governor Mervyn King, who said it would be hard for th
Published 15 Nov, 2012 12:00am
Swiss franc steadies versus euro

Swiss franc steadies versus euro

The Swiss franc was steady against the euro on Wednesday, trading tight on a ten-week high hit during the previous session as the single currency faltered on uncertainty over Greece and weak economic sentiment data in Germany. The franc was firmer against
Published 15 Nov, 2012 12:00am
Exporters lift won, Taiwan dollar

Exporters lift won, Taiwan dollar

The South Korean won hit a 14-month high on exporter demand, leading gains among emerging Asian currencies, although investors remain concerned over US fiscal problems and Greek aid uncertainty, and are wary of intervention by regional authorities. The wo
Published 15 Nov, 2012 12:00am
New Zealand dollar dips, Aussie up

New Zealand dollar dips, Aussie up

New Zealand dollar slipped against the greenback on Wednesday as weak retail sales data highlighted a slowing economy at home, while the euro hovered near 2-1/2 month lows versus the Antipodeans on lingering euro zone uncertainty. The New Zealand dollar d
Published 15 Nov, 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 Wednesday. 81.73-81.75 (previous 81.71-81.75). Call Money Rates: 07.75-08.50 percent (previous 07.50-09.00 percent).
Published 15 Nov, 2012 12:00am
Euro slips versus yen, dollar in New York

Euro slips versus yen, dollar in New York

The euro hit a more than two-month low against the dollar and a one-month trough versus the yen on Tuesday, weighed down by delays in aid for debt-burdened Greece and persistent uncertainty about whether Spain will seek a bailout. Worries about Greece and
Published 15 Nov, 2012 12:00am
Early trade in New York: Euro rises versus dollar; yen falls broadly

Early trade in New York: Euro rises versus dollar; yen falls broadly

The euro traded higher against the dollar on Wednesday, after five straight losing sessions, benefiting from signs Germany was willing to see a resolution of Greece's debt crisis. The yen, on the other hand, fell sharply against the dollar and euro after
Published 15 Nov, 2012 12:00am
Yen plummets as Japan headed towards early polls

Yen plummets as Japan headed towards early polls

The yen fell sharply on Wednesday after Japanese Prime Minister Yoshihiko Noda said he was ready to dissolve the lower house of parliament later this week and hold a snap election next month. With the main opposition Liberal Democratic Party (LDP), which
Published 15 Nov, 2012 12:00am
Euro hovers near recent low

Euro hovers near recent low

The euro hovered near a two-month low on Wednesday, hurt by uncertainty over Greece and weak German economic sentiment data that highlighted the growing pain in stronger European economies from the region's protracted debt crisis. The euro edged up 0.2 pe
Published 15 Nov, 2012 12:00am
Yuan stays at record high

Yuan stays at record high

The yuan closed at a record high against the dollar for a third straight day on Wednesday, but dealers complained that the central bank's reluctance to let the spot market take the yuan even higher was choking off trade. The yuan ended at 6.2252 per dolla
Published 15 Nov, 2012 12:00am
Eurozone fears push UK shares near two-month low

Eurozone fears push UK shares near two-month low

UK shares fell on Wednesday, testing a two-month low but failing to break a main support level as growth fears in Europe led stocks that are vulnerable to a downturn in economic activity lower. The FTSE 100 index was down 1.1 percent at 5,722.01 points at
Published 15 Nov, 2012 12:00am
Australian shares up

Australian shares up

Australian shares edged up 0.2 percent on Wednesday, recovering from seven-week lows as top banks rose in cautious trade to offset losses in other sectors, notably energy stocks. A successful bond auction in Greece lent some support. But investors are inc
Published 15 Nov, 2012 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks rose 0.33 percent on Wednesday, with Apple supplier Hon Hai Precision gaining after it reported a higher gross margin for the third quarter. The main TAIEX index ended up 23.7 points at 7,159.75. Hon Hai rose 2.4 percent, making the electric
Published 15 Nov, 2012 12:00am
European shares down as protests outweigh earnings

European shares down as protests outweigh earnings

European shares fell on Wednesday, led by Ryanair, as unrest in Europe over austerity measures overshadowed some upbeat company results. The FTSEurofirst 300 closed down 10.73 points, or 1.0 percent, at 1,088.43, paring gains made on Tuesday after specula
Published 15 Nov, 2012 12:00am
Nikkei inches up; Sharp jumps

Nikkei inches up; Sharp jumps

Japan's Nikkei inched up on Wednesday to end a seven-straight session losing run, with struggling TV maker Sharp Corp rallying on news of possible investment, although looming US fiscal woes and the euro zone's debt crisis capped gains.
Published 15 Nov, 2012 12:00am
Seoul shares spring back

Seoul shares spring back

Seoul shares snapped a four-session losing streak on Wednesday buoyed by technology stocks, but gains were capped by foreign selling amid uncertainty about the looming US "fiscal cliff". The Korea Composite Stock Price Index (KOSPI) finished up 0.23 perce
Published 15 Nov, 2012 12:00am
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