AGL 39.58 Decreased By ▼ -0.42 (-1.05%)
AIRLINK 131.22 Increased By ▲ 2.16 (1.67%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.47 Increased By ▲ 0.65 (1.59%)
DGKC 82.09 Increased By ▲ 1.13 (1.4%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 72.87 Decreased By ▼ -1.56 (-2.1%)
FFL 12.26 Increased By ▲ 0.52 (4.43%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.51 Increased By ▲ 0.76 (5.53%)
KEL 5.19 Decreased By ▼ -0.12 (-2.26%)
KOSM 7.61 Decreased By ▼ -0.11 (-1.42%)
MLCF 38.90 Increased By ▲ 0.30 (0.78%)
NBP 64.01 Increased By ▲ 0.50 (0.79%)
OGDC 192.82 Decreased By ▼ -1.87 (-0.96%)
PAEL 25.68 Decreased By ▼ -0.03 (-0.12%)
PIBTL 7.34 Decreased By ▼ -0.05 (-0.68%)
PPL 154.07 Decreased By ▼ -1.38 (-0.89%)
PRL 25.83 Increased By ▲ 0.04 (0.16%)
PTC 17.81 Increased By ▲ 0.31 (1.77%)
SEARL 82.30 Increased By ▲ 3.65 (4.64%)
TELE 7.76 Decreased By ▼ -0.10 (-1.27%)
TOMCL 33.46 Decreased By ▼ -0.27 (-0.8%)
TPLP 8.49 Increased By ▲ 0.09 (1.07%)
TREET 16.62 Increased By ▲ 0.35 (2.15%)
TRG 57.40 Decreased By ▼ -0.82 (-1.41%)
UNITY 27.51 Increased By ▲ 0.02 (0.07%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,504 Increased By 59.3 (0.57%)
BR30 31,226 Increased By 36.9 (0.12%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)
Nov 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2013-05-23
Iran expanding nuclear activities: IAEA

Iran expanding nuclear activities: IAEA

Iran is making significant progress in expanding its nuclear programme, including in opening up a potential second route to developing the bomb, a new UN atomic agency report showed Wednesday. The International Atomic Energy Agency's latest quarterly repo
Published 23 May, 2013 12:00am
FBI shoots, kills man linked to Boston bomb suspect

FBI shoots, kills man linked to Boston bomb suspect

An FBI agent fatally shot a man in the US state of Florida Wednesday while he was being questioned in connection with the Boston Marathon bombings, the FBI said. US media outlets said the man knew one of the bombers. The Federal Bureau of Investigation sa
Published 23 May, 2013 12:00am
Mostly Asian expatriate workers end rare UAE strike

Mostly Asian expatriate workers end rare UAE strike

Thousands of mainly Asian expatriate workers in the United Arab Emirates have ended a strike they began at the weekend in a rare stoppage aimed at improving their conditions, their employer said Wednesday. "Arabtec confirms that all workers returned to wo
Published 23 May, 2013 12:00am
US may boost Syria's rebels if Assad won't talk peace

US may boost Syria's rebels if Assad won't talk peace

The United States and its allies are ready to increase support for Syria's rebels if President Bashar al-Assad refuses to discuss a political solution to his country's civil war, US Secretary of State John Kerry said on Wednesday. Rebels called for reinfo
Published 23 May, 2013 12:00am
Stockholm riots spread as Prime Minister slams 'hooliganism'

Stockholm riots spread as Prime Minister slams 'hooliganism'

Rioting spread across Stockholm's suburbs early Wednesday in the third night of unrest to hit the Swedish capital, as Prime Minister Fredrik Reinfeldt blamed the violence on "hooliganism" and appealed for calm. "In the past 24 hours, around 30 cars have b
Published 23 May, 2013 12:00am
'Exhausted' Karzai says he is to retire in 2014

'Exhausted' Karzai says he is to retire in 2014

Afghan President Hamid Karzai said Wednesday that he was 'exhausted' and wanted to retire from politics at the end of his current term. Afghanistan is set to hold elections for a new president in April 2014. Karzai has been in office since 2001, after the
Published 23 May, 2013 12:00am
Merkel still the most powerful woman in the world

Merkel still the most powerful woman in the world

German Chancellor Angela Merkel has maintained her position as the most powerful woman in the world, in a ranking published Wednesday by Forbes magazine. Merkel has held the number one position on the Forbes list of the 100 most powerful women in the worl
Published 23 May, 2013 12:00am
Seven dead in Afghan suicide blast

Seven dead in Afghan suicide blast

A teenage suicide bomber killed seven people in central Afghanistan on Wednesday when he targeted local fighters who battle against Taliban insurgents, officials said. The attacker detonated himself in a market place in Ghazni province, two days after ano
Published 23 May, 2013 12:00am
Mugabe signs new Zimbabwe constitution into law

Mugabe signs new Zimbabwe constitution into law

President Robert Mugabe signed Zimbabwe's new constitution into law Wednesday, clearing the path to crucial elections later this year. The 89-year-old, who has ruled Zimbabwe since independence from Britain in 1980, signed the document two months after it
Published 23 May, 2013 12:00am
Afghan interpreters win right to new life in Britain

Afghan interpreters win right to new life in Britain

Up to 600 Afghan interpreters who served with British forces in Afghanistan will be offered the chance of a new life in Britain after a government U-turn, it was revealed on Wednesday. Prime Minister David Cameron had initially decided to discourage the i
Published 23 May, 2013 12:00am
Cotton down for third straight session, under spread pressure

Cotton down for third straight session, under spread pressure

Cotton futures edged down on Wednesday to a three-week low, under pressure from spread-related dealings and forecasts of rains in Texas that could ease supply concerns in the top producing state in the United States, dealers said. The most-active July cot
Published 23 May, 2013 12:00am
Shanghai copper rises

Shanghai copper rises

The most-traded September copper contract on the Shanghai Futures Exchange closed up by 0.66 percent at 53,580 yuan ($8,700) a tonne on Wednesday, supported by indications the US Federal Reserve would continue its bond-buying scheme, a key driver of inves
Published 23 May, 2013 12:00am
Copper up on Grasberg outage, Fed comments cap gains

Copper up on Grasberg outage, Fed comments cap gains

Copper hit a six-week high on Wednesday as a production outage at the world's second-largest copper mine looked set to continue, though gains were capped as investors digested comments on monetary easing from the US Federal Reserve. Three-month copper on
Published 23 May, 2013 12:00am
Brent, US crude down

Brent, US crude down

Brent crude extended losses in late trading on Wednesday to settle below $103 a barrel, after minutes from the Federal Reserve sent US stock markets down and compounded earlier oil weakness stemming from a rise in US gasoline inventories. US equities fell
Published 23 May, 2013 12:00am
Tokyo rubber futures up

Tokyo rubber futures up

Tokyo rubber futures ended higher on Wednesday on speculative buying but a firmer yen and easing oil prices limited gains, dealers said. The benchmark rubber contract on the Tokyo Commodity Exchange for October delivery rose 1.9 yen to settle at 290.3 yen
Published 23 May, 2013 12:00am
Corn drops

Corn drops

US corn futures dropped 1.5 percent, to their lowest since early April, on Tuesday as investors unwound bull spreads following a record planting pace last week that encouraged farmers to sell some old-crop supplies to ease cash market tightness, traders s
Published 23 May, 2013 12:00am
Palm oil climbs

Palm oil climbs

Malaysian palm oil futures rose to the highest in more than one month on Wednesday, as investors pinned their hopes on demand recovery ahead of the Muslim holy month of Ramazan. Market participants are counting on restocking ahead of the holy month, which
Published 23 May, 2013 12:00am
ICE coffee tumbles

ICE coffee tumbles

ICE arabica coffee futures tumbled to the lowest level in more than three years on Wednesday, as a speculator selloff extended recent losses seen on ample supplies and a favourable crop outlook in top producer Brazil, dealers said. Raw sugar futures on IC
Published 23 May, 2013 12:00am
Gold cuts losses in New York

Gold cuts losses in New York

Gold trimmed its losses on Tuesday as the euro regained strength against the dollar, but the metal remained lower on weak chart signs and fears the US Federal Reserve will wind down its economic stimulus programme. On Monday gold slid to $1,338.95, its we
Published 23 May, 2013 12:00am
Gold gains in Asia

Gold gains in Asia

Gold rose on Wednesday on strong Chinese demand and after Federal Reserve officials allayed investor concerns that the US central bank will soon exit its bullion-friendly bond purchases. Spot gold rose 0.2 percent to $1,378.29 an ounce by 0628 GMT, but re
Published 23 May, 2013 12:00am
Gold erases gains after Bernanke comments

Gold erases gains after Bernanke comments

Gold was flat on Wednesday, giving up earlier gains after US Federal Reserve Chairman Ben Bernanke warned of the risks of holding interest rates too low for too long, which boosted the dollar. Spot gold had briefly broken above $1,400 to a one-week high o
Published 23 May, 2013 12:00am
US MIDDAY: corn and wheat rebound

US MIDDAY: corn and wheat rebound

US corn and wheat futures rallied on Wednesday on a bargain-buying bounce after prices fell to multiweek lows earlier this week, traders said. Soyabean futures also rose, following the strength in grains, with the front-month contract posting its fifth st
Published 23 May, 2013 12:00am
US MIDDAY: gold slides

US MIDDAY: gold slides

Gold turned sharply lower early on Wednesday, as investors weighed US Federal Reserve Chairman Ben Bernanke's congressional testimony warning of risks to holding interest rates too low for too long and opened the possibility of reducing bond purchases. In
Published 23 May, 2013 12:00am
Municipal staff directed to ensure sanitation in Matiari

Municipal staff directed to ensure sanitation in Matiari

The Deputy Commissioner Matiari Fayaz Hussain Abbasi has warned the Taluka Municipal Administration Matiari to ensure cleanliness in the town within three days with full attendance of sanitary workers in the field failing which action will be taken agains
Published 23 May, 2013 12:00am
Commercial plantation: farmers reiterate demand for approving GM corn

Commercial plantation: farmers reiterate demand for approving GM corn

Farmers of corn growing areas have reiterated their demand with the government to approve genetically modified corn for commercial plantation in Pakistan as this technology seems to have the potential to reduce the losses caused by various insects and wee
Published 23 May, 2013 12:00am
Independent candidate joins PTI

Independent candidate joins PTI

Sardar Malik Shad Muhammad, an independent candidate from PK-72 Bannu, has announced to joining of Pakistan Tehrik-e-Insaf and promised to set up a university in Bannu on the pattern of Al-shifa Trust Eye Hospital. He thanked President of Al-Shifa Trust E
Published 23 May, 2013 12:00am
Elimination of loadshedding PML-N government's top priority: Hamza

Elimination of loadshedding PML-N government's top priority: Hamza

PML-N MNA-elect Hamza Shahbaz Sharif has said that the Lahorites have fulfilled their obligation by giving decision in favour of Pakistan Muslim League-N in the general elections and now our party will discharge its responsibility by providing all basic f
Published 23 May, 2013 12:00am
'Government committed to enforce IPRs'

'Government committed to enforce IPRs'

The Director General IPO-Pakistan Tarik Feroze has said the government is committed to protect and vigorously enforce Intellectual Property Rights (IPR's) besides providing a congenial and protected environment to improve the image of Pakistan as a respon
Published 23 May, 2013 12:00am
Irsa releases 234,000 cusecs of water to meet demands of provinces

Irsa releases 234,000 cusecs of water to meet demands of provinces

The Indus River System Authority (Irsa) on Wednesday released 234,000 cusecs water in the canal irrigation network across the country to meet water needs of the provinces for sowing/growing strategic Kharif crops including cotton, rice and sugarcane, vege
Published 23 May, 2013 12:00am
SHC stops notification on PS-93

SHC stops notification on PS-93

The Sindh High Court on Wednesday asked the Election Commission to stop a notification about PTI candidate's victory in PS-93, Karachi. The order was issued in response to a petition jointly filed by Jamaat-i-Islami (JI) and Pakistan Muslim League-Nawaz (
Published 23 May, 2013 12:00am
Obtaining GSP Plus status a challenge for new government: Prgmea

Obtaining GSP Plus status a challenge for new government: Prgmea

Pakistan Ready-made Garments Manufacturers and Exporters Association (Prgmea) said on Wednesday that the PML-N government should make it a top priority for obtaining Generalised System of Preferences (GSP) Plus status for Pakistan to strengthen the countr
Published 23 May, 2013 12:00am
Shezan International Limited

Shezan International Limited

Incorporated in Pakistan in 1964, Shezan was initially a joint venture between Shahnawaz Group and the Alliance Development Corporation of USA. Mainly engaged in the manufacturing, and selling of juices, pickles, jams and ketchups, the company has been co
Published 23 May, 2013 12:00am
Shezan International Limited

Shezan International Limited

Incorporated in Pakistan in 1964, Shezan was initially a joint venture between Shahnawaz Group and the Alliance Development Corporation of USA. Mainly engaged in the manufacturing, and selling of juices, pickles, jams and ketchups, the company has been co
Published 23 May, 2013 12:00am
Pakistan and leadership transition in China

Pakistan and leadership transition in China

Since the 1990s, China's top leaders serve a maximum of two five-year terms. With the last batch of leaders having reached the end of their second term last year, there has been a transition to the 'fifth generation' of leaders since the Chinese Communist
Published 23 May, 2013 12:00am
Economic imperatives

Economic imperatives

I am sure that energy situation would start improving the day Nawaz Sharif would take charge of his office. Besides ensuring provision of furnace oil to Independent Power Producers, the would-be Prime Minister would be required to appoint workaholic peopl
Published 23 May, 2013 12:00am
Hezbollah buries Syria fighters, drawing mixed reactions

Hezbollah buries Syria fighters, drawing mixed reactions

Um Ali is stoic as she remembers how her son died while fighting in the ranks of Syrian government forces against rebels in al-Kussair, a town near the border with Lebanon. "I am ready to send more sons to die in Syria to protect the Shiite shrines," the
Published 23 May, 2013 12:00am
How mistakes in commercial contracts are treated in US law

How mistakes in commercial contracts are treated in US law

The facts of the case are that a kitemaker namely, Bob asked Sally a thread maker to supply five tons of string against a consideration of $1000. Sally accepted the offer and sent him an invoice for $1000 for the supply of five tons of thread with a condi
Published 23 May, 2013 12:00am
VIEWPOINT: Bringing an end to drone strikes

VIEWPOINT: Bringing an end to drone strikes

Imran Khan has been the strongest critic of US drone operations in our tribal areas, telling the people if elected prime minister he would order shooting down of any drone invading our territory. The issue figured prominently in Nawaz Sharif's campaign pr
Published 23 May, 2013 12:00am
Downgrading India

Downgrading India

The latest statement by Standard and Poor's (S&P) that India faces "at least a one-in-three chance" of losing its sovereign grade rating of BBB-minus in the next 12 months would appear to be surprising to many but has been adequately justified by the rati
Published 23 May, 2013 12:00am
Karzai in New Delhi

Karzai in New Delhi

In the absence of an official statement or the joint press conference after President Karzai's meetings with Indian leaders, it would be hard to know if his quest for more military assistance was met with success. But the very fact that the two sides deci
Published 23 May, 2013 12:00am
Most essential food items: Will PML-N government bring down prices?

Most essential food items: Will PML-N government bring down prices?

Will PML-N government, under the leadership of Mian Nawaz Sharif, be able to bring down the prices of most essential food items such as flour (Atta), which is the most important concern of millions of poor Pakistanis who are biggest victim of rising wheat
Published 23 May, 2013 12:00am
FPCCI rejects Trade Organisation Rules 2013

FPCCI rejects Trade Organisation Rules 2013

The Federation of Pakistan Chambers of Commerce ad Industry (FPCCI) has vehemently rejected the Trade Organisation Rules (TOR) 2013, whereby the DGTO/Regulator has been vested with vast discretionary powers to exploit trade bodies.
Published 23 May, 2013 12:00am
Qaisar Ahmed hailed on election victory

Qaisar Ahmed hailed on election victory

Imperial businessman ex-president Karachi Chamber of Commerce and Industry and the Father of ex-president chamber of commerce and industry Lahore (Ifran Qaiser) and Business leader Qaisar Ahmed Sheikh succeeded with big margen in NA-86 and selected the me
Published 23 May, 2013 12:00am
Standard Chartered launches 2012 Pakistan Sustainability Review

Standard Chartered launches 2012 Pakistan Sustainability Review

Standard Chartered launches its 2012 Sustainability Review, highlighting the bank's focus on fulfilling its social purpose and supporting social and economic development across the markets where it operates. Having a presence of 121 branches in 24 cities,
Published 23 May, 2013 12:00am
Faysal Bank launches Barkat UnionPay Debit Card

Faysal Bank launches Barkat UnionPay Debit Card

Faysal Bank Limited recently launched the first ever Shariah-compliant Barkat UnionPay Debit Card in Pakistan. This launch furthers the Bank's aggressive growth strategy for its Barkat Islamic Banking, and makes it the only Islamic Banking platform global
Published 23 May, 2013 12:00am
Learning Alliance International Baccalaureate seminar held

Learning Alliance International Baccalaureate seminar held

The Learning Alliance International Baccalaureate seminar, held on April 26, did a tremendous job of introducing the IB Middle Years Programme to the parents of Class IV, V, & VI students. The IB Programme has been around since 1968 and is being followed
Published 23 May, 2013 12:00am
1200kg charas recovered

1200kg charas recovered

The Sindh Excise and Taxation Department has recovered 1,200 kg of charas from the secret cavities of a truck on the National Highway, said a statement here on Wednesday. It said that the truck has been impounded while an accused has been arrested. An Exc
Published 23 May, 2013 12:00am
Mobilink, Unesco sign agreement

Mobilink, Unesco sign agreement

Mobilink Foundation and the United Nations Educational, Scientific and Cultural Organisation (Unesco) have signed an agreement to enhance the award winning 'SMS Based Literacy' programme. The 'SMS Based Literacy' program uses Short Messaging Service (SMS)
Published 23 May, 2013 12:00am
Reap concerned over decline of Basmati rice exports

Reap concerned over decline of Basmati rice exports

A huge decline in Basmati rice export is feared by Rice Exporters Association of Pakistan (Reap). Reap Chairman Jawad Ali Ghouri has expressed concern over the decline as compared to last fiscal year. In a statement issued here he said that during this fi
Published 23 May, 2013 12:00am
ICMAP holds certificate distribution ceremony

ICMAP holds certificate distribution ceremony

The Certificate Distribution Ceremony of 2nd Directors' Training Programme organised by the ICMA Pakistan was held on Wednesday. Muhammad Haroon Rasheed, Acting Managing Director-BSC, State Bank of Pakistan was the Chief Guest. Nazir Ahmed Shaheen, Execut
Published 23 May, 2013 12:00am
Nadra to begin voter verification from June 5

Nadra to begin voter verification from June 5

The National Database and Regulatory Authority (Nadra) is likely to start verification of votes using thumbprints from June 5, an official of the authority told Business Recorder on Wednesday. The official said that the authority could verify more
Published 23 May, 2013 12:00am
'Peace, stability in KP top priority of PTI government'

'Peace, stability in KP top priority of PTI government'

The PTI-led government in Khyber Pakhtunkhwa would firm policies with consultation of all stakeholders, meant for establishment of sustainable peace and tackling with different challenges in the province.
Published 23 May, 2013 12:00am
SECP issues licence to non-life insurance company

SECP issues licence to non-life insurance company

Securities and Exchange Commission of Pakistan (SECP) has issued a licence to the Sahara Insurance Company Limited (SICL), a wholly-owned subsidiary of the Employees Old Age Benefits Institution (EOBI), to transact non-life insurance business in the count
Published 23 May, 2013 12:00am
PTI to continue protest drive against polls rigging

PTI to continue protest drive against polls rigging

Pakistan Tehreek-e-Insaf (PTI) on Wednesday announced to continue its protest drive against polls rigging in the city till Election Commission accepts its demand of re-election in Karachi.
Published 23 May, 2013 12:00am
KFHA sets deadline asking fishing vessels to return ashore

KFHA sets deadline asking fishing vessels to return ashore

Karachi Fish Harbour Authority (KFHA) has set a deadline of May 28, asking all vessels to return ashore and comply with the annual fishing ban. The ban will start from June 1 and last till July 31 and the new fishing season will begin from August 1 this y
Published 23 May, 2013 12:00am
Business community rejects mini budget proposal

Business community rejects mini budget proposal

Business community has rejected proposal of presenting mini budget through presidential orders. They sharply reacted over news that caretaker government and Federal Board of Revenue (FBR) contemplating to present mini budget through presidential order.
Published 23 May, 2013 12:00am
Business community rejects mini budget proposal

Business community rejects mini budget proposal

Business community has rejected proposal of presenting mini budget through presidential orders. They sharply reacted over news that caretaker government and Federal Board of Revenue (FBR) contemplating to present mini budget through presidential order.
Published 23 May, 2013 12:00am
Arshad Tanveer named VC of FPCCI body

Arshad Tanveer named VC of FPCCI body

President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Zubair Ahmed Malik, has appointed Arshad Tanveer as Vice Chairman of FPCCI Standing Committee on Diplomatic Affairs for the year of 2013. Arshad Tanveer is former chairman of Site
Published 23 May, 2013 12:00am
Pacra maintains Pak Libya Holding Company ratings

Pacra maintains Pak Libya Holding Company ratings

Pakistan Credit Rating Agency Limited (Pacra) has maintained the long-term and short-term ratings of Pak Libya Holding Company (Pvt) Limited (PLHC) at "AA-" (Double A minus) and "A1+" (A one Plus), respectively. Besides, the rating of the Privately Placed
Published 23 May, 2013 12:00am
Pacra maintains Pak Libya Holding Company ratings

Pacra maintains Pak Libya Holding Company ratings

Pakistan Credit Rating Agency Limited (Pacra) has maintained the long-term and short-term ratings of Pak Libya Holding Company (Pvt) Limited (PLHC) at "AA-" (Double A minus) and "A1+" (A one Plus), respectively. Besides, the rating of the Privately Placed
Published 23 May, 2013 12:00am
Students suffer as KU shuttle bus service in run-down condition

Students suffer as KU shuttle bus service in run-down condition

The shuttles of Karachi University are in run-down condition pushing thousands of students to undergo commuting problems amid poor law and order and reduced public transport in the city. The total fleet of 32 buses, which are meant to provide transportati
Published 23 May, 2013 12:00am
Overseas Pakistanis: Xpress Money launches free life insurance cover

Overseas Pakistanis: Xpress Money launches free life insurance cover

Remittance industry's first free life insurance for overseas Pakistanis working in the Kingdom of Saudi Arabia (KSA) and Kuwait was launched by Xpress Money, world's most dependable money transfer brand, in association with Union Insurance - one of the le
Published 23 May, 2013 12:00am
Ongoing heat wave to continue during current week

Ongoing heat wave to continue during current week

Pakistan Meteorological Department (PMD) on Wednesday said the ongoing heat wave is expected to continue during the current week. "The prevailing severe heat wave conditions are likely to continue in the plain areas of the country till Friday," says the P
Published 23 May, 2013 12:00am
Economic crisis: Kati urges political parties to shun differences

Economic crisis: Kati urges political parties to shun differences

Chairman Law and Order Sub Committee of Korangi Association of Trade and Industry (KATI), Nadeem Khan on Wednesday urged all the political parties to give up their differences and work jointly to bring country out of economic, law and order and energy cri
Published 23 May, 2013 12:00am
KCA opposes introduction of Icotton Futures Contract at PMEX

KCA opposes introduction of Icotton Futures Contract at PMEX

The Karachi Cotton Association strongly opposed the introduction of International Cotton (Icotton) Futures Contract at Pakistan Mercantile Exchange Limited (PMEX) as the same decision has been taken by the government without adequate consultation with the
Published 23 May, 2013 12:00am
We've already started work towards power woes: Shahbaz

We've already started work towards power woes: Shahbaz

Senior Pakistan Muslim League-Nawaz (PML-N) leader and former Punjab Chief Minister Shahbaz Sharif has said that PML-N is determined to show wonders with its performance after taking over government while suggestions of the opposition on the issue of powe
Published 23 May, 2013 12:00am
JI seeks local bodies' polls within three months

JI seeks local bodies' polls within three months

The central political committee of the Jamaat-i-Islami has called upon the newly elected governments to ensure local bodies elections within next three months for the expeditious solution of local issues.
Published 23 May, 2013 12:00am
Measles claims three more lives in Lahore

Measles claims three more lives in Lahore

There is no let up in spread of measles, as three more children died of measles here in the Children's Hospital on Wednesday. These casualties have brought the total number of deaths due to the disease of measles to 61 in Lahore and 84 in Punjab so far, s
Published 23 May, 2013 12:00am
UAF to set up a biodiversity park

UAF to set up a biodiversity park

University of Agriculture Faisalabad (UAF) is going to set up a Biodiversity Park aiming at sensitising the youth and other stakeholders about the hazardous effects of biodiversity imbalance caused by human malpractices with the nature. The assertion was
Published 23 May, 2013 12:00am
Power situation yet dismal

Power situation yet dismal

Power situation remained dismal on Wednesday despite reports of release of Rs 22 billion by the Ministry of Finance. The residents of Mozang, a dense area with majority of PML-N supporters, agitated against unannounced loadshedding in the city. For the fi
Published 23 May, 2013 12:00am
'Adequate efforts are needed to boost Pak-South African trade ties'

'Adequate efforts are needed to boost Pak-South African trade ties'

South African High Commissioner to Pakistan Mpendula Kumalo has said that adequate efforts would be made to boost trade, economic and investment relations between South Africa and Pakistan. Addressing the members of Sialkot Chamber of Commerce and Industr
Published 23 May, 2013 12:00am
Gas supply to Faisalabad industries suspended for one week

Gas supply to Faisalabad industries suspended for one week

Sui Northern Gas Pipelines Limited (SNGPL) has suspended gas supply to Faisalabad industries from May 21 to 27, which will badly affect the textile industries facing severe loadshedding of electricity and thousands of workers become jobless for another on
Published 23 May, 2013 12:00am
LTIA to launch protest against power outages

LTIA to launch protest against power outages

Lahore Township Industries Association (LTIA) decides to launch protest against unscheduled prolonged power outages. The decision to this regard was taken at a meeting here on Wednesday. Chairman LTIA Nasrullah Mughal presided over the meeting while PIAF
Published 23 May, 2013 12:00am
UNIDO, UVAS discuss launch of e-courses

UNIDO, UVAS discuss launch of e-courses

The United Nations Industrial Development Organisation (UNIDO) and the University of Veterinary and Animal Sciences (UVAS) Lahore have discussed possibilities of launching e-courses for the capacity building of farmers. A two-member UNIDO delegation led b
Published 23 May, 2013 12:00am
PSM's woes: MoP presents three options

PSM's woes: MoP presents three options

Ministry of Production (MoP) has reportedly presented three options to the government to stop the unending bleeding of financial resources in Pakistan Steel Mills (PSM), well informed sources told Business Recorder. "We have proposed to the Prime M
Published 23 May, 2013 12:00am
Dialogue with Taliban is prerogative of Pakistani government: Olson

Dialogue with Taliban is prerogative of Pakistani government: Olson

US Ambassador to Pakistan Richard Olson has said that holding dialogue with Taliban is the prerogative of Pakistani government. Talking to media here on Wednesday, said that any reservations regarding the proposed talks would depend on terms and condition
Published 23 May, 2013 12:00am
Imran Khan discharged from hospital

Imran Khan discharged from hospital

Chairman, Pakistan Tahreek-e-Insaf (PTI), Imran Khan, was discharged from Shaukat Khanum Memorial Hospital on Wednesday. He was admitted in the hospital after falling from a forklift at a PTI public gathering in Lahore on May 7 and sustained head and back
Published 23 May, 2013 12:00am
US-funded English language lab inaugurated

US-funded English language lab inaugurated

American Ambassador to Pakistan Richard Olson joined staff of the SOS Children's Village here on Wednesday to inaugurate a new English language laboratory, which has been established with the financial co-operation under the US Ambassador's Fund. The new
Published 23 May, 2013 12:00am
PPP formally invited MQM to join Sindh government: Fahim

PPP formally invited MQM to join Sindh government: Fahim

President of Pakistan People's Party Parliamentarians (PPPP) Makhdoom Amin Fahim has said that his party has formally invited Muttahida Qaumi Movement (MQM) to join Sindh government the PPPP is going to form. The senior PPPP leader said that the people of
Published 23 May, 2013 12:00am
Need stressed to implement laws against harassment of women

Need stressed to implement laws against harassment of women

There is a dire need to implement laws against women harassment at workplace so that they could play their due role in the stream of national development in an effective manner. This was stated by Aima Mehmood, Executive Director of Working Women Organisa
Published 23 May, 2013 12:00am
Huge quantity of smuggled goods seized

Huge quantity of smuggled goods seized

Directorate General of Intelligence and Investigation Customs has checked misuse of the Afghan Transit Trade facility and intercepted consignments of cloth and consumer items, including air fresheners, toothbrush, hand blenders and other goods preventing
Published 23 May, 2013 12:00am
MQM worker among six killed in Karachi

MQM worker among six killed in Karachi

At least six persons, including an MQM worker, were killed in different incidents of violence in the city on Wednesday, police and rescue sources said. A man, whose identity could not be ascertained, was shot dead by unknown armed men in the Lea Market ar
Published 23 May, 2013 12:00am
Gwadar to be linked with China via rail, road: official

Gwadar to be linked with China via rail, road: official

A pact has been signed for connecting Gwadar with China via rail, road and air routes, Pakistan's Foreign Secretary Jalil Abbas said on Wednesday. In a brief chat with media persons at the Aiwan-i-Sadr on Wednesday, he said that China will invest in Pakis
Published 23 May, 2013 12:00am
DPPs asked to meet SPPs to improve performance

DPPs asked to meet SPPs to improve performance

Director General Prosecution Khyber Pakhtunkhwa has once again directed all the District Public Prosecutors (DPPs) across the province to hold meetings with Special Public Prosecutors working in their respective district to improve their overall performan
Published 23 May, 2013 12:00am
Peshawar administration seeks suggestions on rates for haircut, shave

Peshawar administration seeks suggestions on rates for haircut, shave

District administration, Peshawar has directed hairdressers for preparation of recommendation for fixation of official rate for haircut and shaves while consumers association will compile their proposals after conducting a formal survey in this regard.
Published 23 May, 2013 12:00am
Judges' detention case: Musharraf's bail plea rejected

Judges' detention case: Musharraf's bail plea rejected

An Anti-Terrorism Court (ATC) on Wednesday dismissed former president and army chief Pervez Musharraf's bail plea in judge's detention case. The ATC judge, Kausar Abbas Zaidi rejected the bail plea after he heard the augments of both the parties. Amir Nad
Published 23 May, 2013 12:00am
Judges' detention case: Musharraf's bail plea rejected

Judges' detention case: Musharraf's bail plea rejected

An Anti-Terrorism Court (ATC) on Wednesday dismissed former president and army chief Pervez Musharraf's bail plea in judge's detention case. The ATC judge, Kausar Abbas Zaidi rejected the bail plea after he heard the augments of both the parties. Amir Nad
Published 23 May, 2013 12:00am
Previous Day