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Dec 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2013-02-15
Seoul shares edge up

Seoul shares edge up

South Korean shares edged up on Thursday to a fresh three-week high in thin trade, as investors awaited a G20 meeting later this week that is expected to set the tone for future currency moves. The Korea Composite Stock Price Index (KOSPI) closed up 0.2 p
Published 15 Feb, 2013 12:00am
Britain's FTSE falters as AMEC and Vodafone fall

Britain's FTSE falters as AMEC and Vodafone fall

Britain's benchmark share index fell from five-year highs, hit by weakness at telecoms group Vodafone and engineer AMEC, although many traders stayed positive on equities for the longer term. The blue-chip FTSE 100 index, which touched a five-year intrada
Published 15 Feb, 2013 12:00am
Sterling slides versus dollar, climbs versus euro

Sterling slides versus dollar, climbs versus euro

Sterling hit a six-month low against the dollar on Thursday, extending falls after the central bank forecast higher inflation and weak growth, though it gained against a lower euro. The pound fell 0.4 percent to $1.5482, its lowest since late July, before
Published 15 Feb, 2013 12:00am
Dollar, euro hold gains against yen in Asia

Dollar, euro hold gains against yen in Asia

The dollar and euro held their gains against the yen on Thursday after the Bank of Japan kept policy steady as expected, with investors looking ahead to a meeting of Group of 20 nations in the coming days for signals on how long the yen's weak trend might
Published 15 Feb, 2013 12:00am
Euro slides in London

Euro slides in London

The euro fell to a three-week low against the dollar and dropped against the yen on Thursday after data painted a grim picture of the eurozone economy as it struggles with the debt crisis now in its fourth year. Output in the 17-country eurozone slid by 0
Published 15 Feb, 2013 12:00am
Yen flat versus dollar

Yen flat versus dollar

The yen traded flat against the dollar on Wednesday, a day after sharply rising, as investors grew cautious ahead of a meeting of finance ministers and central bankers later this week where exchange rates are expected to be a hot topic. Comments from Russ
Published 15 Feb, 2013 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 Thursday. 78.95-78.98 (79.00-79.00). Call Money Rates: 09.00-09.00 percent (previous 06.00-09.50 percent.
Published 15 Feb, 2013 12:00am
Swiss franc falls

Swiss franc falls

The Swiss franc fell sharply against the dollar in early trading on Thursday, tracking the euro lower ahead of the European Central Bank's monthly report seen flagging downside risks to euro zone economies. The franc fell 0.5 percent against the dollar co
Published 15 Feb, 2013 12:00am
Won rises, rupiah slips

Won rises, rupiah slips

The South Korean won rose on foreign inflows, leading slight gains among emerging Asian currencies on Thursday, while the Indonesian rupiah slid after the country posted a larger-than-expected current account deficit. The Malaysian ringgit advanced on bid
Published 15 Feb, 2013 12:00am
New Zealand dollar climbs

New Zealand dollar climbs

The New Zealand dollar exploded to a record high against a depressed pound and to six-month peaks vs the US dollar on Thursday, after upbeat domestic data highlighted the country's relatively brighter economic prospects. The kiwi vaulted to $0.8493, from
Published 15 Feb, 2013 12:00am
Indian rupee weakens

Indian rupee weakens

The Indian rupee weakened on Thursday tracking losses in the domestic sharemarket but dollar demand from oil firms was largely met by supply from exporters, preventing a further slide. "The rupee weakened on the back of the stock market fall but demand fr
Published 15 Feb, 2013 12:00am
Azarenka serves up Doha double bagel

Azarenka serves up Doha double bagel

World number one Victoria Azarenka stormed into the Qatar Open quarter-finals on Thursday with a ruthless 6-0, 6-0 triumph over highly-regarded American Christina McHale. Defending champion Azarenka, who is at risk of losing her top ranking to Serena Will
Published 15 Feb, 2013 12:00am
Croatia, Serbia ban away fans for qualifiers

Croatia, Serbia ban away fans for qualifiers

Away fans will be banned from both World Cup qualifying matches between Croatia and Serbia, the two football federations announced on Thursday. The former enemies took the joint decision in a bid to avoid crowd trouble at the games in Zagreb and Belgrade.
Published 15 Feb, 2013 12:00am
Mathews named Sri Lanka's new Test, ODI skipper

Mathews named Sri Lanka's new Test, ODI skipper

All-rounder Angelo Mathews has been appointed Sri Lanka's new Test and One-day captain for next month's home series against Bangladesh, selectors announced on Thursday. The 25-year-old replaced prolific batsman Mahela Jayawardene, who stepped down after l
Published 15 Feb, 2013 12:00am
Froome seizes lead in Oman as Rodriguez wins stage

Froome seizes lead in Oman as Rodriguez wins stage

Spain's Joaquim Rodriguez, of the Katusha team, won the fourth stage of the Tour of Oman on Thursday, as Britain's Chris Froome snatched the overall leader's red jersey.Rodriguez was victorious on the mountaintop finish to the 143km stage, finishing four
Published 15 Feb, 2013 12:00am
England climb two spots in latest FIFA rankings

England climb two spots in latest FIFA rankings

Roy Hodgson's England side climbed two places to fourth in the latest FIFA monthly rankings released by world football's governing body on Thursday. England moved above Euro 2012 finalists Italy and Colombia following their 2-1 win over five-time World Cu
Published 15 Feb, 2013 12:00am
Baghdatis wins in Rotterdam

Baghdatis wins in Rotterdam

Marcos Baghdatis handed Frenchman Richard Gasquet only his second loss of the season as the Cypriot scored a 6-4, 6-4 win to reach the quarter-finals of the Rotterdam World Tennis on Thursday. Gasquet lined up in Rotterdam as the fourth seed, having alrea
Published 15 Feb, 2013 12:00am
Advantage United in Madrid, fans die in Donetsk

Advantage United in Madrid, fans die in Donetsk

Manchester United edged closer to the Champions League quarter-finals with a 1-1 draw at Real Madrid on Wednesday, a high-profile showdown watched by an estimated 200 million people world-wide. England striker Danny Welbeck gave Alex Ferguson's side the l
Published 15 Feb, 2013 12:00am
Nadal out of Brazil Open doubles over knee fear

Nadal out of Brazil Open doubles over knee fear

Rafael Nadal will not play his scheduled doubles match at the Brazil Open on Wednesday because of "knee overuse," organisers said. But they said the Spanish star intends to play his opening singles match Thursday against Brazilian Joao Souza.
Published 15 Feb, 2013 12:00am
Younis, Shafiq hit centuries as Pakistan fight back

Younis, Shafiq hit centuries as Pakistan fight back

Centuries by Younis Khan and Asad Shafiq transformed Pakistan's fortunes on the first day of the second Test against South Africa at Newlands here on Thursday. Pakistan were 253 for five at stumps, having been reeling at 33 for four after being sent in.
Published 15 Feb, 2013 12:00am
Guantanamo prison commander confirms hidden microphones

Guantanamo prison commander confirms hidden microphones

The army officer responsible for the prison at the Guantanamo Bay naval base where suspects in the 9/11 terrorist attacks are held Wednesday confirmed he was aware that the FBI had installed hidden audio and visual monitoring systems around the prison.
Published 15 Feb, 2013 12:00am
India leads day of 'One Billion Rising' for women

India leads day of 'One Billion Rising' for women

Indians were at the forefront of global protests on Thursday in the One Billion Rising campaign for women's rights, galvanised by the recent fatal gangrape that shocked the country. Flashmobs, marches, singing and dances were planned in about 200 countrie
Published 15 Feb, 2013 12:00am
US should hit the 'pause' button on Afghan aid: watchdog

US should hit the 'pause' button on Afghan aid: watchdog

The US government should reconsider whether to spend more on reconstruction aid in Afghanistan, the US watchdog that monitors the funds said on Wednesday, citing Afghanistan's persistent corruption and inability to manage projects as US troops withdraw.
Published 15 Feb, 2013 12:00am
IAEA says Iran nuclear talks fail again

IAEA says Iran nuclear talks fail again

The chief UN atomic inspector said Thursday that talks with Iran had failed again to reach a deal on enhanced inspections of Tehran's nuclear programme, two weeks before a major meeting with world powers. "We had discussions on the structured approach doc
Published 15 Feb, 2013 12:00am
Britain warns of Syria jihadist threat to Europe

Britain warns of Syria jihadist threat to Europe

The longer Syria's conflict goes on, the greater the risk it will breed a new generation of battle-hardened militants who will pose a threat to Britain and other countries in Europe, British Foreign Secretary William Hague said on Thursday. Hague aimed hi
Published 15 Feb, 2013 12:00am
Iranian commander killed, two fighter jets downed in Syria

Iranian commander killed, two fighter jets downed in Syria

Gunmen killed an Iranian commander in Syria while rebels shot down two fighter jets and overran a town on Thursday, dealing further setbacks for forces loyal to President Bashar al-Assad. The ambush that killed the Revolutionary Guards commander, the down
Published 15 Feb, 2013 12:00am
Teenager killed as Bahrain marks uprising anniversary

Teenager killed as Bahrain marks uprising anniversary

Bahraini security forces killed a teenager on Thursday, an opposition website said, as activists demonstrated on the second anniversary of an uprising to demand democratic reforms in the US-allied Gulf Arab state. The protests could mar reconciliation tal
Published 15 Feb, 2013 12:00am
'Blade Runner' Pistorius charged with murdering girlfriend

'Blade Runner' Pistorius charged with murdering girlfriend

South African "Blade Runner" Oscar Pistorius, a double amputee who became one of the biggest names in world athletics, was charged on Thursday with shooting dead his girlfriend at his upscale home in Pretoria. Police said they opened a murder case after a
Published 15 Feb, 2013 12:00am
Norway court jails Rwandan for 21 years

Norway court jails Rwandan for 21 years

An Oslo court on Thursday sentenced a Rwandan man to 21 years in prison for his role in the massacres of more than 1,000 Tutsis in Rwanda's 1994 genocide. Sadi Bugingo, a 47-year-old Hutu who has lived in Norway since 2002, was found guilty of being an ac
Published 15 Feb, 2013 12:00am
India halts payments to Finmeccanica

India halts payments to Finmeccanica

India said Thursday it has suspended payments to an Italian company pending the outcome of an inquiry into whether a $748 million helicopter contract was won through kickbacks. The government has "put on hold all further payments" to Finmeccanica's Agusta
Published 15 Feb, 2013 12:00am
Pope calls for 'renewal' before historic resignation

Pope calls for 'renewal' before historic resignation

Pope Benedict XVI on Thursday called for "real renewal" in the Church at an emotional farewell with priests from his Rome diocese where he said he would be "hidden from the world" once he resigns. "We must work for the realisation of the real Council and
Published 15 Feb, 2013 12:00am
Obama vows to defend Japan with US nuclear umbrella

Obama vows to defend Japan with US nuclear umbrella

President Barack Obama pledged Wednesday a "steadfast" commitment to defend Japan, including preventing nuclear attacks on its ally in the wake of North Korea's third nuclear test, the White House said. In a telephone call, Obama and Japanese Prime Minist
Published 15 Feb, 2013 12:00am
Palm oil plunges

Palm oil plunges

Malaysian palm oil futures edged down to a two-week low on Thursday, as data showed stockpiles in the world's No 2 producer remained high and on improving weather in key soy-growing regions in South America. Better South American weather would contribute
Published 15 Feb, 2013 12:00am
Copper rises on optimism over Chinese demand

Copper rises on optimism over Chinese demand

Copper rose on Thursday on optimism that demand from China will pick up after the Lunar New Year, but volumes were thin due to the week-long holiday in the world's top copper consumer. Three-month copper on the London Metal Exchange was untraded at the cl
Published 15 Feb, 2013 12:00am
Oil rises on concerns of US gasoline supply

Oil rises on concerns of US gasoline supply

Oil prices edged up on Thursday as fears about US gasoline supply pulled the complex higher, overshadowing concerns of weakening economic output in the euro zone. Gasoline prices rose more than 2 percent on the expectation that a busy refinery maintenance
Published 15 Feb, 2013 12:00am
New York cotton drops for second day

New York cotton drops for second day

Cotton prices fell for a second day on Wednesday, due to market consolidation and an absence of buyers in China, the world's largest consumer, during the new year holiday. The most-active May cotton contract on ICE Futures US dropped 0.89 cent, or 1.1 per
Published 15 Feb, 2013 12:00am
Tokyo rubber down

Tokyo rubber down

Tokyo rubber futures slipped on stop-loss selling as players liquidated contracts to avoid risks and waited for a clear direction from the meeting of Group of 20 nations. The benchmark rubber contract on the Tokyo Commodity Exchange for July delivery drop
Published 15 Feb, 2013 12:00am
Corn keeps falling

Corn keeps falling

Corn prices fell for a ninth straight session on Wednesday as South American weather improved, but bargain buyers lifted wheat off a seven-month low and took soyabeans from a one-month bottom. Trade was choppy as weather conditions continued to boost pros
Published 15 Feb, 2013 12:00am
ICE sugar and coffee hit over two-year low

ICE sugar and coffee hit over two-year low

ICE raw sugar and arabica coffee futures fell to their weakest levels in more than two years on Thursday as both markets face surplus supplies that dealers expected to drive prices even lower. Cocoa prices also declined. Benchmark raw sugar prices on ICE
Published 15 Feb, 2013 12:00am
Gold drops in New York

Gold drops in New York

Gold fell below $1,650 an ounce on Wednesday after data showed disappointingly small growth in US retail sales in January, while some investors stayed at the sidelines ahead of a G20 meeting later this week, which is expected to set the tone for the gold
Published 15 Feb, 2013 12:00am
Gold recoups losses in Asia

Gold recoups losses in Asia

Gold regained some strength on Thursday as recent losses started to ignite buying interest from jewellers in Asia after the Lunar New Year break, but firmer equities could limit gains. Gold was steady at $1,643.30 an ounce by 0708 GMT, having fallen below
Published 15 Feb, 2013 12:00am
Gold holds above $1,640 in European trade

Gold holds above $1,640 in European trade

Gold held comfortably above this week's five-week lows on Thursday on short-term speculative buying, but further gains were capped by weakness in the euro and global shares. Analysts saw some interest from short-term investors looking to cover their posit
Published 15 Feb, 2013 12:00am
US MIDDAY: corn stays lower

US MIDDAY: corn stays lower

US corn futures slipped for a 10th straight session early on Thursday, their longest string of declines since 2007, as crop-friendly weather in South America and expectations of higher global supplies dragged down prices. Wheat futures fell as improving U
Published 15 Feb, 2013 12:00am
US MIDDAY: gold drops to six-week low

US MIDDAY: gold drops to six-week low

Gold fell to a six-week low early on Thursday on renewed economic worries over the euro zone, which weighed down on bullion's inflation-hedge appeal. The metal fell around 0.5 percent after data suggested the euro zone slipped deeper than expected into re
Published 15 Feb, 2013 12:00am
PAMADA calls for halt to illegal trade of used cars

PAMADA calls for halt to illegal trade of used cars

Immediate stoppage of illegal trade of used cars by local dealers has been demanded by Pakistan Automobile Manufacturers Assemblers Dealers Association (PAMADA) as it is not only damaging the reputation of the country but also eating up its revenue resour
Published 15 Feb, 2013 12:00am
LHC issues notice to Punjab health secretary

LHC issues notice to Punjab health secretary

The Lahore High Court (LHC) Chief Justice here on Thursday issued notice to Secretary Health Punjab again for March 12 in a petition of pharmacists seeking contempt proceedings against the concerned functionaries ignoring the court order about regularisat
Published 15 Feb, 2013 12:00am
IFS rating of PQFTL upgraded

IFS rating of PQFTL upgraded

JCR-VIS Credit Rating Company Limited (JCR-VIS) has upgraded the IFS rating of Pak Qatar Family Takaful Limited (PQFTL) from 'A-' (single A Minus) to 'A' (single A). Outlook on the rating is 'Stable'. The upgrade reflects PQFTL's increasing presence in th
Published 15 Feb, 2013 12:00am
IFS rating of PQFTL upgraded

IFS rating of PQFTL upgraded

JCR-VIS Credit Rating Company Limited (JCR-VIS) has upgraded the IFS rating of Pak Qatar Family Takaful Limited (PQFTL) from 'A-' (single A Minus) to 'A' (single A). Outlook on the rating is 'Stable'. The upgrade reflects PQFTL's increasing presence in th
Published 15 Feb, 2013 12:00am
Sindh Education Foundation: PML-F concerned over blocking of funds

Sindh Education Foundation: PML-F concerned over blocking of funds

The opposition party-Pakistan Muslim League-Functional on Thursday voiced concerns over blocking of funds by the government to Sindh Education Foundation, fearing closure of nearly 1500 schools. On a point of order during the Sindh Assembly session, the o
Published 15 Feb, 2013 12:00am
Work on drainage scheme for Tando Muhammad Khan to begin soon: Qaim

Work on drainage scheme for Tando Muhammad Khan to begin soon: Qaim

Sindh Chief Minister Syed Qaim Ali Shah said that the services rendered by the PPP during last five years had not been rendered by previous regimes during last 25 years. He said that President Asif Ali Zardari and other PPP leaders were following the foot
Published 15 Feb, 2013 12:00am
Nawaz sees change in thinking of people of Sindh

Nawaz sees change in thinking of people of Sindh

Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif on Thursday attacked the government saying "President Asif Ali Zardari's administration" had failed to improve the province's condition in the past five years. Addressing a public gathering here
Published 15 Feb, 2013 12:00am
Ibad for uninterrupted electricity supply in summer

Ibad for uninterrupted electricity supply in summer

The Sindh Governor, Dr Ishrat-ul-Ibad Khan, has called upon the Karachi Electric Supply Company (KESC) to undertake concrete planning to ensure uninterrupted supply of electricity during the summer. "The preparations in this regard and co-ordinated measur
Published 15 Feb, 2013 12:00am
'Don't cry for me,' Guru's last letter to family

'Don't cry for me,' Guru's last letter to family

"Don't cry for me, hope peace prevails," were the words written by Muhammad Afzal Guru just before his execution in a letter to his family members back in occupied Kashmir. The letter reached the Afzal Guru's house at Seer Jagir, a village in Sopore, afte
Published 15 Feb, 2013 12:00am
Quiting coalition in Sindh: MQM may 'hijack' top opposition post

Quiting coalition in Sindh: MQM may 'hijack' top opposition post

Muttahida Qaumi Movement (MQM) is set to part ways with the PPP government in Sindh which would enable the party to capture the post of the leader of the opposition, allowing it to have a say in the caretaker set up as the single largest in the opposition
Published 15 Feb, 2013 12:00am
PSO meeting discusses grave financial situation

PSO meeting discusses grave financial situation

An emergency meeting was convened on Thursday at PSO House by the CEO and MD-PSO to discuss the grave financial situation currently being faced by the national oil giant. This situation has arisen due to non-payment by the power sector for the furnace oil
Published 15 Feb, 2013 12:00am
NAB officer's death: forensic report being examined

NAB officer's death: forensic report being examined

The medical board constituted after the mysterious death of Kamran Faisal - a National Accountability Bureau (NAB) investigator in the Rental Power Plants (RPPs) case - has commenced examination of the forensic report prepared by Punjab Forensic Science A
Published 15 Feb, 2013 12:00am
800 containers stuck at port

800 containers stuck at port

Following unnecessary delay in grounding containers at Karachi International Containers Terminal (KICT), over 800 containers have stuck at port, leaving the traders in severe financial crunch. According to sources, although the Web Based One Custom (WeBOC
Published 15 Feb, 2013 12:00am
Bank Alfalah announces to launch IPO for its fifth TFCs

Bank Alfalah announces to launch IPO for its fifth TFCs

Bank Alfalah Limited (BAFL) has announced to launch the Initial Public Offering (IPO) for its 5th Rated, Unsecured, Subordinated and Listed Term Finance Certificates (TFCs) worth Rs 1.25 billion in order to raise subordinated debt. The proceeds of the TFC
Published 15 Feb, 2013 12:00am
Bank Alfalah announces to launch IPO for its fifth TFCs

Bank Alfalah announces to launch IPO for its fifth TFCs

Bank Alfalah Limited (BAFL) has announced to launch the Initial Public Offering (IPO) for its 5th Rated, Unsecured, Subordinated and Listed Term Finance Certificates (TFCs) worth Rs 1.25 billion in order to raise subordinated debt. The proceeds of the TFC
Published 15 Feb, 2013 12:00am
Jamaat-i-Islami delegation calls on Talal Bugti

Jamaat-i-Islami delegation calls on Talal Bugti

A delegation of the Jamaat-i-Islami, headed by JI Secretary General Liaqat Baloch called on Jamhoori Watan party chief Nawabzada Talal Akbar Bugti, in the Punjab capital and exchanged views with him on the political situation, the situation in Balochistan
Published 15 Feb, 2013 12:00am
Ibad calls on Zardari

Ibad calls on Zardari

Governor Sindh Dr Ishrat-ul-Ibad Khan on Thursday called on President Asif Ali Zardari at Bilawal House Karachi. Chairman PPP Bilawal Bhutto Zardari was also present. Current situation‚ law and order and matters relating to the ongoing development project
Published 15 Feb, 2013 12:00am
Siemens donates Rs 0.4 million to a handicraft centre

Siemens donates Rs 0.4 million to a handicraft centre

Siemens Pakistan wrapped up its relief efforts for the 2010 and 2011 floods by donating an amount of Rs 0.4 million towards a women handicraft centre in District Sujawal, bringing the company's total flood relief efforts for Pakistan to Rs 267.5 million.
Published 15 Feb, 2013 12:00am
Sindh adopts new child nutrition law

Sindh adopts new child nutrition law

Lawmakers in the Sindh Assembly on Thursday unanimously passed the Sindh Protection of Breast-Feeding and Child Nutrition Law, 2013, prohibiting all substitute milk for infants. The new law repeals the Protection of Breast-feeding and Child Nutrition Ordi
Published 15 Feb, 2013 12:00am
PGMI's annual convocation tomorrow

PGMI's annual convocation tomorrow

Punjab Chief Minister Shahbaz Sharif will be the chief guest at the Post Graduate Medical Institute's (PGMI) annual convocation to be held at Aiwan-e-Iqbal on Saturday (February 16). In the convocation, degrees and medals will be awarded to the doctors wh
Published 15 Feb, 2013 12:00am
ITP, Mobilink Foundation jointly organise painting competition

ITP, Mobilink Foundation jointly organise painting competition

Islamabad Traffic Police (ITP) and Mobilink Foundation jointly organised a painting competition at the Open Air Theater Islamabad to promote road safety awareness amongst students. Participating students were asked to use their imagination to visually dep
Published 15 Feb, 2013 12:00am
Indian universities' delegation visits UVAS

Indian universities' delegation visits UVAS

A 13-member Indian academic delegation from various universities on Thursday called upon the University of Veterinary and Animal Sciences (UVAS) Vice-Chancellor Professor Dr Talat Naseer Pasha and discussed the role of livestock sector in socio-economic d
Published 15 Feb, 2013 12:00am
NIPDMC signs agreement with three companies

NIPDMC signs agreement with three companies

Chief Executive Pakistan Industrial Development Corporation (PIDC) Khalid Mehmood Chadda said on Wednesday that National Industrial Parks Development and Management Company (NIPDMC) had appropriately addressed the two main concerns of Karachi's industrial
Published 15 Feb, 2013 12:00am
Student dies, as pistol goes off suddenly

Student dies, as pistol goes off suddenly

A student of Musa College died when a pistol went off suddenly and the bullet hit him, at Akhtar Muhammad Road area of provincial capital. Police source said on Thursday that a 17-year-old Amanullah was cleansing his pistol when he unfortunately pulled tr
Published 15 Feb, 2013 12:00am
FBR extends ST Withholding Regime

FBR extends ST Withholding Regime

Federal Board of Revenue (FBR) has extended the Sales Tax Withholding Regime through its notification SRO 98(1)72013, dated 14-02-2013. The said SRO says that all companies as defined in Income Tax Ordinance, 2001 as are registered for sales tax, FED or I
Published 15 Feb, 2013 12:00am
New government to inherit billions of rupees IPPs' outstanding debts

New government to inherit billions of rupees IPPs' outstanding debts

As the incumbent government has miserably failed to the circular debt issue in the last over four years, the new government will be inheriting billions of rupees worth outstanding of Independent Power Producers (IPPs). The present government, which could
Published 15 Feb, 2013 12:00am
Valentine's Day celebrated in Rawalpindi, Islamabad

Valentine's Day celebrated in Rawalpindi, Islamabad

Valentine Day was celebrated in the twin cities of Rawalpindi and Islamabad with many thronging to the markets to purchase flowers, heart-shaped cards, balloons, chocolates, toys and other gifts for their loved ones. With each passing year Valentine day i
Published 15 Feb, 2013 12:00am
South Korea to provide $46 million for children hospital in Sukkur

South Korea to provide $46 million for children hospital in Sukkur

South Korea has pledged US $46 million Economic Development Co-operation Fund (EDCF) on concessional financing for establishment of children's hospital in Sukkur, Northern Sindh, which has the highest mortality rate among infants and children under 5-year
Published 15 Feb, 2013 12:00am
Telenor pledges to participate in 3G spectrum auction

Telenor pledges to participate in 3G spectrum auction

To cater the ever-increasing demand, mobile subscribers, Telenor has vowed to participate in the upcoming frequency auction (3G spectrum) in Pakistan and will invest more in the system to make it more efficient. While talking to a selected group of journa
Published 15 Feb, 2013 12:00am
Doctors' hunger strike enters 11th day

Doctors' hunger strike enters 11th day

The young doctors continued hunger strike at a camp set up in front of Services Hospital on 11th consecutive day on Thursday against, what the Young Doctors Association (YDA), Punjab, called government's apathy to pay heed to the demands of the doctors an
Published 15 Feb, 2013 12:00am
Abbott Pakistan reports double-digit earnings per share

Abbott Pakistan reports double-digit earnings per share

In 2012, despite a challenging operating environment, Abbott Pakistan delivered earnings per share of Rs 21.35, registering an increase of 27 percent over the last year owing to double-digit growth of 18 percent in net sales, driven by Pharmaceutical, Nut
Published 15 Feb, 2013 12:00am
Abbott Pakistan reports double-digit earnings per share

Abbott Pakistan reports double-digit earnings per share

In 2012, despite a challenging operating environment, Abbott Pakistan delivered earnings per share of Rs 21.35, registering an increase of 27 percent over the last year owing to double-digit growth of 18 percent in net sales, driven by Pharmaceutical, Nut
Published 15 Feb, 2013 12:00am
US embassy delegation visits UoP

US embassy delegation visits UoP

A four member delegation of the Embassy of United States of America, led by Information Resource Officer Caryn Anderson, called on the Vice Chancellor University of Peshawar Professor Dr Muhammad Rasul Jan to discuss various partnership agreements and enh
Published 15 Feb, 2013 12:00am
Khyber Pakhtunkhwa government to provide free residences to labourers

Khyber Pakhtunkhwa government to provide free residences to labourers

The provincial government of Khyber Pakhtunkhwa is seriously considering the provision of free residential quarters to labourer community in the province. This was stated by Khyber Pakhtunkhwa Minister for Labour, Sher Azam Wazir while talking to the medi
Published 15 Feb, 2013 12:00am
PTCL posts record net Rs 8.6 billion fourth quarter profit

PTCL posts record net Rs 8.6 billion fourth quarter profit

Pakistan Telecommunication Company Limited (PTCL) has posted a record net profit of Rs 8.6 billion in the forth quarter ended on December 31, 2012 along with 37 percent revenue growth compared to the previous quarter. The company announced these results i
Published 15 Feb, 2013 12:00am
PTCL posts record net Rs 8.6 billion fourth quarter profit

PTCL posts record net Rs 8.6 billion fourth quarter profit

Pakistan Telecommunication Company Limited (PTCL) has posted a record net profit of Rs 8.6 billion in the forth quarter ended on December 31, 2012 along with 37 percent revenue growth compared to the previous quarter. The company announced these results i
Published 15 Feb, 2013 12:00am
Balochistan forest department plans to plant 1.5 million saplings

Balochistan forest department plans to plant 1.5 million saplings

The Provincial Forest Department Balochistan has planned to plant 1.5 million saplings of various types during the spring season in the province. Talking to Radio Pakistan, a spokesman of Provincial Forest Department said directives have been issued to al
Published 15 Feb, 2013 12:00am
MQM accuses Punjab government of harassing its workers

MQM accuses Punjab government of harassing its workers

Muttahida Qaumi Movement Central Punjab has accused Punjab government of harassing its workers, as the popularity of the party was increasing across the province. President MQM Central Punjab Syed Shaheen Anwar Gilani, SVP Mobeen Qazi, Bisma Asif Sukhera
Published 15 Feb, 2013 12:00am
Awards: ACCA holds ceremony

Awards: ACCA holds ceremony

Former Pakistan cricket team captain Aamir Sohail was among the expert panellists discussing how to promote talent at an awards ceremony in Lahore, which celebrated the success of students who scored high marks in exams conducted by ACCA. He said that tal
Published 15 Feb, 2013 12:00am
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