Thursday, January 26, 2012

Gilani eats his words about Army

ISLAMABAD – Prime Minister Yousuf Raza Gilani on Wednesday took back his allegation that the statements of army chief and ISI DG given to the Supreme Court in the memogate scandal were ‘unlawful and unconstitutional’.Gilani, who had earlier this month accused the two officers of ...

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NATIONAL More

  • Gilani eats his words about Army

    ISLAMABAD – Prime Minister Yousuf Raza Gilani on Wednesday took back his allegation that the statements of army chief and ISI DG given to the Supreme Court in the memogate scandal were ...

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  • Pakistan, India announce joint energy initiatives

    NEW DELHI  – Pakistan and India Wednesday announced several initiatives to accelerate cooperation in the oil and gas sector, as the two energy-starved nuclear-armed neighbours try to mend ...

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  • Obama ignores strained Pak ties

    WASHINGTON - President Barack Obama Tuesday touted his military successes - the killing of Osama bin Laden and bringing American troops home from Iraq - in his election-year State of the Union ...

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  • Zardari confers Benazir Award for Democracy on Suu Kyi

    YANGON (APP) - President Asif Ali Zardari on Wednesday conferred Shaheed Benazir Bhutto Award for Democracy on opposition leader of Myanmar Aung San Suu Kyi.PPP Chairman Bilawal Bhutto Zardari, ...

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  • 3 lawyers gunned down in Karachi

    KARACHI – Three lawyers and a member of Tableegi Jamat were shot dead on Wednesday in a new wave of sectarian violence in the financial capital of the country.Three lawyers, members of Shia ...

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  • FIA foresees shocking revelations in deathly drug probe

    LAHORE – More grim revelations are expected in the coming days as medicine production and supply system in the Punjab has come under the prism of FIA after spurious drugs to the cardiac ...

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  • SC orders FIA to arrest Khurram Rasool by Friday

    ISLAMABAD - The Supreme Court on Wednesday gave another opportunity to FIA to arrest Khurram Rasool, former media coordinator to the PM, and others by Friday.Warning Federal Investigation Agency ...

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  • Shahbaz blames Centre for faulty drugs

    LAHORE– Chief Minister Shahbaz Sharif told the media persons here on Wednesday that samples of the spurious medicines provided to the pagtients by the Punjab Institute of Cardiology have been ...

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  • 12 killed as mine caves in

    MANSEHRA  – At least 12 miners were killed Wednesday when a phosphate mine caved in as a result of landslide in Kalidhar area here on Wednesday.The incident took place when miners were ...

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  • Caretaker set-up formation decided

    KARACHI - Chief of Jamiat Ulema-e-Islam (F) Maulana Fazlur Rehman has disclosed that matters related to the formation of a caretaker government prior to elections have already been decided and ...

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  • PA somersault on hip-hop ban

    LAHORE – Punjab Assembly took a U-turn on the very next day after passing resolution regarding imposition of ban on objectionable musical concerts at educational institutions in the province. ...

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  • Jan Jamali wants Senate dissolved

    ISLAMABAD - Deputy Chairman Senate Jan Muhammad Jamali expressed serious concern over the absence of Ministers in the House to respond to the points of order raised by Senators and said that Upper ...

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  • FIA cop among 4 dead in Quetta shootings

    QUETTA - Four people, including an FIA inspector, were shot dead in the provincial capital Wednesday. According to police, unidentified gunmen fired shots at a car on Mechongy Road, killing FIA ...

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  • Taseer’s ex-wife sacked from post

    MIAN DAWOOD   LAHORE – The government has terminated once again the services of Deputy Attorney General of Lahore High Court Yasmin Saigol, the ex-wife of slain Punjab Governor Sal-maan ...

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  • Spy chiefs put on notice

    ISLAMABAD - The Supreme Court on Wednesday, accepting a plea to inquire about death of four missing prisoners, who were allegedly picked up by intelligence agencies from outside Adiala Jail following ...

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  • Pakistan Air Force jet crashes near Mianwali

    ISLAMABAD  - A Pakistan Air Force aircraft crashed during a training mission on Wednesday but the pilots baled out safely, an air force spokesman said.“It was FT-7 training aircraft. It ...

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  • Six soldiers, 17 Taliban killed in Kurram clash

    PESHAWAR  - Six soldiers and 17 Taliban militants were killed in an overnight clash in Kurram Agency, officials said Wednesday.Some 50 Taliban fighters attacked troops during a search operation ...

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  • Railways to raise fares by 10-20 per cent

    LAHORE – Cash-strapped Pakistan Railways (PR) in order to overcome its financial crisis has decided to increase passenger trains fares by 10 to 20 per cent, The Nation learnt on Wednesday. ...

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  • ‘Senator’ Veena can attract members to Upper House

    ISLAMABAD - PML-N leader and Senator Mushahid Ullah said on Wednesday that Veena Malik be made a senator or deputy chairman of the Senate to attract the members in the Upper House, reported a private ...

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  • PM orders promotion of 1,046 teachers

    Islamabad  - Prime Minister Syed Yousuf Raza Gilani Wednesday ordered the promotion of 1,046 federal government school teachers from grade 16 to 17 as per special package. Spokesman Capital ...

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  • John Kerry shows off his two black eyes

    Washington - US Senator John Kerry sported two black eyes during a ceremony at the White House on Tuesday night - after breaking his nose playing ice hockey. The Massachusetts Democrat, 68, was ...

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  • UN announces $15m for Pakistan humanitarian crises

    UNITED NATIONS - The United Nations humanitarian office announced Wednesday the allocation of $104 million to support 13 neglected emergencies around the world, including ...

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  • US ‘pleased’ with civil-mily talks

    WASHINGTON - The United States is “pleased” that various parts of the establishment in Pakistan were trying to resolve the issues between them through dialogue, a State Department ...

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  • Controversy arises over parentage issue

    RAWALPINDI – As National Database & Registration Authority (Nadra) started issuing Computerised National Identity Cards (CNICs) to the eunuchs, a large number of shemales refused to take ...

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  • ‘Unregistered marriage certificate may lead to jail’

    RAWALPINDI - A lecture on “Importance of Nikah Nama (marriage certificate) Document” was held by Department of Communication and Media Studies in collaboration with Ministry of Human ...

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  • Girl escapes ‘rape attempt’ by policemen

    RAWALPINDI - On the nod of DMS Emergency, dozens of doctors and ward boys mercilessly thrashed reporting team of a private TV channel at Emergency Department of Benazir Bhutto Hospital (BBH) on late ...

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  • Hashmi asks CM to quit Health Ministry

    MULTAN - Pakistan Tehreek-e-Insaf (PTI) Central leader Makhdoom Javed Hashmi claimed on Wednesday that both the parties in memo case had silenced after the intervention of a superpower.Addressing a ...

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  • Imran Khan sees ‘revolution’ on middle-class anger

    NEW YORK - Pakistan Tehreek-i-Insaf chief Imran Khan has said that anger over corruption and the sluggish economy is fueling a ‘revolution’ that will oust the ruling coalition in ...

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  • Gas leakage blast kills 7 in Peshawar

    PESHAWAR – At least seven persons including two women and a child were killed and two others got injured critically when a house collapsed due to gas leakage blast in Shahqabool Colony here on ...

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  • HRCP raises alarms over Balochistan unrest

    QUETTA –Human Rights Commission of Pakistan Vice-Chairman Tahir Hussain has raised concerns over the Balochistan situation, saying: “Atomic bomb can’t save any country rather we ...

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  • Coalminer dies in Machh

    QUETTA - A coalminer was killed while two others trapped when a coalmine caved in in Machh, a coalfield located about 70 kilometres southeast of Quetta, on Wednesday.According to local coalminers, ...

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  • Foreign hands involved in law, order: Raisani

    QUETTA - Chief Minister Balochistan Nawab Aslam Raisani has said that foreign elements were involved in deteriorating law and order situation in Balochistan who through local agents were ...

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  • Hashmi asks CM to quit at least Health Ministry

    MULTAN - Pakistan Tehreek-e-Insaf (PTI) Central leader Makhdoom Javed Hashmi claimed on Wednesday that both the parties in memo case had silenced after the intervention of a superpower.Addressing a ...

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  • PTI Punjab officebearers named

    MULTAN - Pakistan Tehreek-e-Insaf (PTI) Chief Organizer Makhdoom Javed Hashmi has announced the names of provincial office-bearers of the party during a function here on Wednesday. According to ...

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  • Discrepancy in MPs’ words, deeds flayed

    SADIQABAD - Speakers at a workshop organised under the aegis of USAID and Aurat Foundation here said that gender discrimination could not be prevented until the legislators in the national and ...

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  • Burglars sweep judge’s house

    DERA GHAZI KHAN - Armed burglars looted cash and gold ornaments from the house of Dera Additional District and Sessions judge, situated in Sahiwal here the other day. The Sahiwal Police have ...

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  • Workers protest against Wapda privatisation

    WAZIRABAD - The workers’ strike on the call of the Pakistan Wapda Hydro Electric Central Labour Union (PWHECLU) and the Gepco Engineers Association has entered fifth day here against the ...

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  • Billionaire businessman kidnapped for ‘ransom’

    HAFIZABAD - A ‘billionaire’ businessman of Soligin Kharal, tehsil Jalalpur Bhattian was kidnapped by some unidentified men for ‘ransom’ here Wednesday.According to police, ...

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  • Efforts afoot to ensure edu standard

    BAHAWALPUR -Higher Education Commission Executive Director Dr Sohail H Naqvi has said that an all-out effort was being made to harmonise the country’s examination system with the international ...

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  • Woman gang raped

    RAHIM YAR KHAN - Four culprits gang raped a widow here the other day.Reportedly, Hamida, a resident of Wireless Colony alleged that four armed accused kidnapped her and raped her for three days. She ...

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  • Dacoits loot cash, gold

    ARIFWALA - Seven dacoits looted cash and gold ornaments from a house in a nearby village here the other day. According to detail, seven dacoits entered the house of a former Qamer Deen, a resident of ...

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  • Anti-dengue war picks up anew

    BAHAWALPUR - The Health Department in collaboration with the Bahawalpur Chamber of Commerce and Industry organised a seminar to spread awareness among industrialists and workers about safety and ...

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  • Ch Wajahat inaugurates uplift projects

    LALAMUSA - Federal Minister Ch Wajahat Hussain inaugurated different development projects amounting to Rs2.6 billion at Mauza Hazra Mughlan. PML-Q local leaders, workers including Haji Sardar Khan, ...

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  • PEF urged to help out marginalised children

    SIALKOT - The social, educational, business circles and stakeholders of Child and Adolescent Protection Project (CAPP) have urged the Punjab Education Foundation (PEF) to come forward and do ...

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  • Manzoor Wattoo urges Nawaz to talk with PPP

    OKARA - Minister for Kashmir Affairs Mian Manzoor Ahmad Wattoo has said PML-N chief Nawaz Sharif should negotiate with the PPP leadership to solve the national issues. The statements of Punjab Chief ...

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  • One window to step up eunuchs’ registration

    TOBA TEK SINGH - The district administration has started registration of eunuchs for issuance of computerised national identity cards and inclusion of their names in electoral rolls. Talking to this ...

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  • Memo, Abbottabad attack interlinked: JUI-F

    OKARA - JUI-F leader Hafiz Hussain Ahmad has expressed the fear that the life of central character in Memogate scandal Hussain Huqqani is in danger.Addressing party workers and then a press ...

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  • 1,270 educators recruited

    SIALKOT - The Sialkot district government has recruited as many as 1,270 male and female educators’ teachers. DCO Mujahid Sher Dil told the newsmen that the lists of these recruited educators ...

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  • Clerks’ concerns to end soon, APCA assured

    SADIQABAD - The director public instruction (colleges) of Punjab has assured the All Pakistan Clerks Association that the clerks’ charter of demands will be accepted and termed their demands ...

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  • Blast leaves girl critical

    RAHIM YAR KHAN - A teenage girl sustained critical burns in a blast occurred when she was preparing meal ‘apparently’ due to gas leakage here on Wednesday.As per detail, 17-year-old ...

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  • Biker shot dead

    LALAMUSA - A motorcyclist was shot dead when unidentified car riders opened indiscriminate fire on him near Mauza Bhadar here the other day. As per detail, Abid Awan, son of Muhammad Asghar Awan, a ...

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  • 88 gangs busted, Rs280m loot seized

    KHANEWAL: - The district police claimed to have busted 88 criminal gangs and recovered stolen goods worth Rs280 million from their possession during 2011.District Police Officer Muhammad Waqar Abbasi ...

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  • Minister pledges to overcome power crisis

    SIALKOT - Federal Minister for Water and Power Syed Naveed Qamar has assured that the issue of power outages will be resolved on priority.The federal minister made this assurance while talking to a ...

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  • 14 notorious criminals nabbed

    CHANGA MANGA - The Chunian Police claimed to have captured 14 dangerous criminals of “Odh” gang involved in cases of dacoities, snatching, car-lifting, attempted murder and murder. Kasur ...

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  • Students’ role stressed for peace

    MULTAN - Bahauddin Zakariya University Vice chancellor Dr Khawaja Alqama has said that Pakistani youth can set new records of success if they are given appropriate atmosphere.Addressing the ...

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  • Bar observes strike

    ARIFWALA - The Bar Association Arifwala observed daylong strike and boycotted in protest the courts against a dacoity attempt at the house of a local lawyer. No advocate appeared in any court of law ...

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  • Brick kiln owner looted

    DASKA - Four dacoits looted Rs0.5 million cash and mobile phones at gun point from a local brick kiln’s owner Afzal Ahmed Awan and his two employees here at village Bambaanwala the other day. ...

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INTERNATIONAL More

  • Egyptians march on protest anniversary

    CAIRO - Egyptians poured into Tahrir Square on Wednesday to mark one year since the launch of the uprising that toppled Hosni Mubarak, with activists vowing to revive their unfinished revolution and ...

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  • Fresh attack on police in Nigeria

    KANO - Around 30 gunmen rained bombs and gunfire on a police station in Kano, killing a woman in the latest attack blamed on Islamist group Boko Haram in Nigeria’s second city, residents ...

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  • Israel still occupies and isolates Gaza

    STUART REIGELUTH AND DIMITRIS BOURISThree years ago, Israel was carrying out Operation Cast Lead that took the lives of over 1.500 Palestinians in Gaza. The official reason for the Israeli invasion ...

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  • Qaeda gunmen exit Yemen town

    ADEN - Hundreds of Al-Qaeda gunmen gave in to tribal pressure and pulled out Wednesday from the central Yemen town of Rada that they held for nine days, tribal leaders and witnesses said. “They ...

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  • Indian bus driver crushes nine

    MUMBAI - An Indian bus driver left at least nine people dead and dozens hurt Wednesday after going on a rampage during rush-hour, smashing into cars and crushing pedestrians, police told AFP. The ...

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  • Afghan man jailed for spying

    HERAT - An Afghan man found in possession of photographs of Nato bases in Afghanistan has been jailed for 16 years for spying for neighbouring Iran, officials said Wednesday. The 23-year-old man, ...

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  • New species found in Suriname

    PARAMARIBO - A “cowboy frog” and a “crayola katydid” are among 46 new species that have been discovered in the dense forests of the tiny South American nation of Suriname, ...

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  • Talks if Israel agrees borders

    AMMAN - The Palestinians could resume talks with Israel if the two sides first agree on borders, president Mahmud Abbas said after meeting Jordan’s king, the Palestinian state news agency ...

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  • Bomb scare lands Libyan flight

    CAIRO - Egyptian authorities grounded a Libyan Airlines flight on Wednesday after an attendant found a suspected bomb in a toilet on the aircraft, airport officials told AFP. Tripoli-bound flight 203 ...

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  • Australia seeks Muslim spies

    SYDNEY - The head of Australia’s domestic spy agency said he was seeking more recruits from new migrant communities, particularly among Muslims, to combat the dangers of an attack on home soil. ...

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  • Collectively failing Syrian society

    PETER HARLINGFor months, neither the Syrian regime, the international community, nor the opposition in exile have offered much hope in a dangerously deteriorating crisis. Increasingly, they seem to ...

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  • All that glitters is ... oil

    In his State of the Union address, United States President Barack Obama said, "Let there be no doubt: America is determined to prevent Iran from getting a nuclear weapon, and I will take no options ...

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  • No joy in Egypt

    DANIEL WILLIAMSAs Egypt marks the first anniversary of the January 25 civilian revolt that eventually toppled the 30-year rule of Hosni Mubarak, there's no agreement — on how to celebrate or ...

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  • Russia stays firm on Syria as regime pounds Hama

    DAMASCUS - Russia said on Wednesday it would consider “constructive proposals” to end bloodshed in Syria but was opposed to force or sanctions, as regime troops reportedly pounded the ...

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  • Iran under pressure of new sanctions wave

    TEHRAN - Sanctions drawn up by the European Union to dissuade Iran from building a nuclear weapon should considerably hamper a country already suffering from previous economic measures imposed by the ...

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  • Kyrgyz prisoners sew lips in protest

    BISHKEK - Nearly 7,000 prisoners were on a hunger strike Wednesday in Kyrgyzstan with more than 1,000 sewing shut their lips with staples and thread to protest jail conditions, officials said.In all, ...

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  • US commandos free aid workers in Somalia

    WASHINGTON - US elite commandos swooped into lawless Somalia Wednesday and rescued two Western aid workers held for three months by armed pirates in a daring pre-dawn raid approved by President ...

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  • Libya minister in ex-Gaddafi bastion after clashes

    NEAR BANI WALID - Libyan Defence Minister Osama Juili went to the former Muammar Gaddafi stronghold of Bani Walid on Wednesday after five people were killed in fighting there on Monday.“Osama ...

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SPORTS More

  • Responsible Misbah fights on England’s day

    ABU DHABI  - England's pace-cum-spin attack delivered the goods to keep Pakistan down to 256-7 on the opening day of the second Test at Abu Dhabi Stadium here on Wednesday.Paceman Stuart Broad ...

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  • Djokovic, Murray reach semi-finals

    MELBOURNE  - Top seed Novak Djokovic survived a brief injury scare before setting up an Australian Open semi-final with British rival Andy Murray on Wednesday.The Serbian defending champion ...

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  • Brad Hodge hits out at Aussie selectors

    MELBOURNE : Consistently ignored by the national selectors despite scoring tons of runs in domestic cricket, out-of-favour batsman Brad Hodge has hit out at Australian selectors one last time, as the ...

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  • Pakistan’s UAE envoy wants India cricket ties

    ABU DHABI  - Pakistan's ambassador in the United Arab Emirates on Wednesday said he was using his contacts to convince India to resume bilateral ties with his country and hopes for a ...

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  • India face huge task in final Test

    ADELAIDE (AFP) - Double centuries by Michael Clarke and Ricky Ponting and another shaky start by India's stuttering batsman left the visitors under pressure in the fourth Test in Adelaide on ...

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  • Call to include snooker in schools & colleges syllabus

    ISLAMABAD - Snooker should be included in the syllabus in colleges and schools as a subject the country to find world-class players in near future, said national junior snooker champion Hunain Aamir ...

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  • NUST team to appear in F1 Student Car Race

    LAHORE (PR) - Students from NUST-PNEC have formulated a team Formula NUST, which is in the process of building a formula race car to compete at the Formula Student event in United Kingdom this ...

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  • Pak team vow good show in Fed Cup tie

    AZHAR KHANLAHORE – Former Pakistan No 1 player and non-playing captain of Federation Cup team M Khalid hopes the team will try to play its best tennis either win or loss. The non-playing ...

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  • Sports Day

    LAHORE – The annual sports day of Government College for Elementary Teachers Kot Lakhpat will be held here at the Wapda Sports Complex today (Thursday). The students of B.Ed, M.Ed, B.SEd and ...

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  • PCF should not be allowed to sit in POA meeting

    LAHORE - Pakistan Cycling Federation (PCF) secretary Idris Haider Khawaja has urged the Pakistan Olympic Association (POA) not to allow anyone from the cycling federation to sit in the election ...

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  • Punjab Sports Festival 2012 in full swing

    LAHORE – Sports Festival 2012 competitions are in full swing in almost 3,464 union councils across the Punjab on the third day of the sports. In Lahore district Cantt and Shalamar 42 union ...

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  • S Africa recall Duminy for NZ series

    JOHANNESBURG  - South Africa handed a test recall to batsman JP Duminy and dropped Ashwell Prince for next month's tour to New Zealand, Cricket South Africa announced on Wednesday.Duminy played ...

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  • PUTD win Inter Hockey title

    LAHORE – Punjab University Teaching Department (PUTD) team has clinched the Inter Collegiate Hockey Tournament title played under the aegis of Punjab University here at New Campus hockey ...

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  • Woods opens season with Gulf challenge

    ABU DHABI  - The 2012 golf season kicks into top gear at the Abu Dhabi HSBC Golf Championship this week with a fit-again Tiger Woods going up against the European quartet who dominate the world ...

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  • Rawalpindi dominate U-23 Cricket final

    RAWALPINDI - Karachi Region Under-23 were bowled out for 210 runs in 81.1 overs, thus conceding 90 runs first innings deficit on the second day of the Inter Region Under-23 Cricket Tournament final ...

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  • Sindh on top against Balochistan

    Sports DeskLAHORE - Sindh was on driving seat against Balochistan in the second round match of the Faysalbank Pentangular Cup match at the National Stadium Karachi on Wednesday.At stumps Karachi were ...

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  • Tremlett to return home after back injury

    ABU DHABI : England paceman Chris Tremlett will return home after a troublesome back problem recurred in the lead-up to the second Test against Pakistan which started on Wednesday.  The ...

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  • Clarke joins Bradman, Hammond with big scores

    ADELAIDE  - Michael Clarke joined Don Bradman and Wally Hammond as the only players to hit double and triple centuries in the same series on Wednesday as Australia made India suffer in the ...

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  • Zimbabwe face tough NZ test

    NAPIER  - Zimbabwe will approach its one-off Test against New Zealand from Thursday (today) keenly aware that every international match it now plays strengthens or loosens its foothold in world ...

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ENTERTAINMENT More

  • Demi Moore admitted to hospital

    LOS ANGELES - Actress Demi Moore is seeking professional help to treat "exhaustion" and "overall health" issues, her spokeswoman said on Tuesday, following her split late last year from husband of ...

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  • Pak film nominated for Oscars

    JANUARY: Saving Face, directed by Pakistani investigative documentary filmmaker Sharmeen Obaid Chinoy and Daniel Junge has been nominated for an Oscar for Best Documentary, Short Subject as announced ...

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  • Sundance lifts lid on rape in US military

    PARK CITY, Utah - It is estimated nearly one in three female US soldiers is a victim of sexual aggression in the military, a little-known fact highlighted in a film screened at the Sundance ...

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  • US defends comedian Jay Leno after joke angers Sikhs

    WASHINGTON - The State Department stood up for a leading television comedian, Jay Leno, after the “Tonight Show” host angered the Sikh community with a joke that implied that the Golden ...

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  • Murder film Oscar nod sparks row

    The parents of two of three boys who were murdered in 1993 in the US have said they are "disappointed" that a documentary about the killings has been nominated for an Oscar.Paradise Lost 3: Purgatory ...

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  • Beards are back at Disney

    ORLANDO, Florida - Six of Snow White's seven dwarves have them, along with Merlin the Magician and Aladdin's genie, and now men working at Disneyland and Walt Disney World can sport one too -- a ...

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  • Springsteen to kick off world tour on March 18

    NEW YORK - Bruce Springsteen will launch a major tour of the United States and Europe in Atlanta, Georgia on March 18, 12 days after his latest album comes out, his official website said Tuesday. It ...

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  • Greek director Angelopoulos dies

    ATHENS - Greek film director Theo Angelopoulos whose long, meditative films won him a clutch of top international awards including the Palme d'Or at Cannes, has died aged 76 after a road accident. ...

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  • Miller novel Pure wins Costa prize

    LONDON - Andrew Miller's novel "Pure" won the 2011 Costa Book of the Year Award on Tuesday, beating four other category winners after what the chair of judges described as "fierce debate".The ...

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  • Man makes home of shredded notes

    DUBLIN - An unemployed Irish artist has built a home from the shredded remains of 1.4 billion euros ($1.82 billion), a monument to the "madness" he says has been wrought on Ireland by the single ...

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  • Mutation helps ovarian cancer survival

    CHICAGO - A genetic mutation appears to help survival rates in women who suffer from a common type of ovarian cancer, a new study released Tuesday found.The research appearing in the January 25 ...

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  • Saudi artists test limits of expression

    JEDDAH - Standing on a large floor map in a Jeddah art gallery, Hamza Serafi places a yellow sign inscribed "Caution: revolution (take 2)" over Egypt and then turns to Saudi Arabia."Evolution not ...

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BUSINESS More

  • Banks asked to expedite agri loans

    KARACHI - State Bank of Pakistan (SBP) Governor Yaseen Anwar has urged upon the banks to adopt agricultural financing as viable business model through development of specific schemes and disseminate ...

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  • NA body to take up controversial reshuffle in OGDCL

    AHMAD AHMADANIISLAMABAD - National Assembly Standing Committee on Petroleum and Natural Resources is to take up much controversial administrative reshuffle in the OGDCL ostensibly without considering ...

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  • Shares fall continues

    KARACHI - Stocks closed lower amid institutional profit-taking in overbought scrips.At Karachi stock exchange benchmark KSE-100 share index finished the day at 11949.75 level, shedding 41.63 points ...

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  • Urea, DAP much costlier in Pakistan

    ISLAMABAD - The Pakistani farmers are paying more for fertilizers in the region as prices of urea and DAP are much higher in the country compared to the prices of neighbouring countries including ...

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  • ICCI for checking line losses

    ISLAMABAD : The ICCI Wednesday urged upon the govt to take concrete steps for checking line losses rather than increasing electricityrates.  In a statement here, ICCI President, Yassir Sakhi ...

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  • Oil prices higher in Asian trade

    SINGAPORE  - Oil prices were higher in Asian trade Wednesday, on expectations of firm US economic growth and rising tensions between the West and Iran, analysts said.New York's main contract, ...

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  • Germany keen to invest

    RAWALPINDI - Germany is the largest trade partner of Pakistan among European Union (EU) and trade volume between the two countries is 2.3 billion Euros per year.Pakistan having population of more ...

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  • Rupee gains five paisas against dollar

    KARACHI - The value of dollar decreased against rupee in the interbank market, dealers said Wednesday. It started the day’s trading at Rs 90.2 for buying, lost five paisas and closed at Rs ...

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  • Cotton crop, ball weight increased this year

    ISLAMABAD (APP) – Despite the torrential rains and flash floods in the cotton producing belt in the country, per acre plant population and cotton ball size has increased as compared to the last ...

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  • Precious metals prices in Pakistan Rupee

    Metal     10g     1 Tola     1 Ounce6    6    6    6Gold 24K    ...

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  • open market forex rates on 25/01/2012

    Country     beyING    sellINGEuro     116.80     118.80Japanese Yen     1.15     1.16Saudi Riyal ...

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  • LSE sheds 9.73pts

    LAHORE  – Bearish trend prevailed in Lahore Stock Exchange on Wednesday as it shed 9.73 points, following the LSE-25 index opened with 3133.07 and closed at 3123.34 points.The market's ...

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  • PTA with Indonesia for kinnow export

    ISLAMABAD (APP) – Pakistan would soon sign Preferential Trade Agreement (PTA) with Indonesia for export of kinnow, Commerce Ministry officials said. Both the countries have completed ...

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  • Int’l Customs Day: Customs monitors, regulates huge quantum of trade

    KARACHI - The world economy has grown very fast in recent decades. The regional borders are under great pressure because of the ever increasing interdependence of states as mutual trade is touching ...

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  • US working to cut energy shortages

    LAHORE – The United States is strengthening Pakistan’s energy sector and helping to end the energy crisis. In this effort, Deputy Director USAID Punjab, Gail Spence, launched a human ...

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  • Ejaz made NMBL CEO

    LAHORE – A Group of Investors under the Chairmanship of Jamshed Iqbal Cheema who is also chairs “Auriga Group of Companies” and Muhammad Akram Shahid, Chairman of “United ...

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  • Unlicenced dealers evicted from veggie market

    LAHORE – Market Committee of the provincial capital has launched an intensive anti-encroachment drive in Badami Bagh Vegetable Market in view of smooth traffic and business in the market. ...

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  • Gold drops to Rs 56,400/tola

    KARACHI- Gold slipped by Rs 214 to close at  Rs 48,343 per 10 grams in the local market Wednesday as its international price dropped to $ 1,659 an ounce, market sources said. According to ...

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  • Call to cut tax on bikes

    LAHORE – The motorcycle dealers have asked the Federal Board of Revenue to bring down rate of Turnover Tax on bikes’ sale from 1 per cent to 0.2 percent. The demand was raised by them ...

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  • HBL declares profit rates

    KARACHI – Habib Bank Limited (HBL) has declared the profit rates on various categories of PLS deposits for July-December 2011, says a press release. On PLS savings account during one month the ...

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  • Soneri Bank profit rates

    KARACHI – Soneri Bank has declared its rates of profit for different types of PLS Deposits from July up to December, 2011, says a press release. The Deposit category includes PLS Savings ...

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  • Emirates services to Spain

    DUBAI – Emirates will launch Barcelona as its second passenger gateway into Spain from July 3, after doubling frequencies to Madrid from 1st July. The airline is embarking on a major boost to ...

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  • FBL deal with China UnionPay

    SHANGHAI – Faysal Bank Limited recently signed an agreement with China UnionPay for card issuance and acquiring in Pakistan. The signing ceremony took place in Shanghai and was attended by ...

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  • Book-launching ceremony

    LAHORE – The launching ceremony of book “Export and earn money” written by eminent banker Maqsood Ahmad Chughtai and  Mohammad Younus Butt is being held on Friday (tomorrow) ...

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  • PPL posts profit of Rs 20.1b

    LAHORE - Pakistan Petroleum Limited (PPL) announced its 1HFY12 result on Tuesday. The company posted a profit after tax of Rs20.1b (EPS: Rs15.3) versus earnings of Rs16.6b (EPS: Rs12.64) in the ...

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