Danish Kaneria’s exclusion from the national team looks set to continue for a while yet, after the PCB has said the communication the legspinner sent the board from his former employers Essex…
ISLAMABAD – Prime Minister Syed Yousaf Raza Gilani has said that Pakistan is fighting against terrorism together with the United States and “it is a combined effort”, which means if Pakistan fails, the US will also fail.
Terrorism is a global challenge and Pakistan has the frontline stand, the Prime Minister said the country has to make a lot of sacrifices – not just in casualties but also its economy.
The prime minister expressed hope that “by now the US is convinced that
KARACHI – The benchmark index continued to oscillate around 11,800 points, as investors’ participation stayed dull. Capitalisation reduced by 0.61 percent, as investors chose to book profits; however volume, with 50 million shares remained dreary. Rising crude oil prices amidst widening energy shortfall dampened investor’s sentiment. In the absence of positive triggers, the KSE-100 index fell by 73 points, closing at 11,796 points with dismal volumes of 51 million shares. Almost all
KARACHI – Investors seemed skeptical about the benchmark index performance; hence average daily volumes remained at lower levels of 73 million shares in contrast with the current average daily volume of 118 million shares.
The current market return has again dipped, standing at negative one percent. The month’s first week exhibited range bound behavior, as the index moved within a band of merely 181 points on both sides. With little upside required to breach the 12,000 level,
LAHORE – A division bench of the Lahore High Court (LHC) observed that the prosecution has failed to unearth any incriminating material that connects the former Rawalpindi CPO Saud Aziz and an SP Shahzad Khurram with Benazir Bhutto’s assassination.
The bench observed that despite keeping the said people in a 24-day remand, the joint investigation team of Federal Investigation Agency (FIA) could not establish the allegations under which both police officers had been charged. The
DAMASCUS – President Bashar al-Assad Wednesday blamed conspirators for unrest sweeping Syria but failed to lift emergency rule or offer other concessions in his first speech since pro-reform protests erupted two weeks ago.
In a highly anticipated address to parliament that lasted almost one hour, Assad warned Syria’s “enemies” were targetting its unity but made no mention of any plans to lift the state of emergency. “We are all for reform. That is the duty of the state. But we
CHANDIGARH – Dalbir Kaur, sister of Sarabjit Singh who is on a death row in Pakistan, on Wednesday made a failed bid to meet Prime Minister Yousaf Raza Gilani during his stay at a hotel in Chandigarh.
As Gilani and his entourage entered the Hotel Taj located in the heart of the city, Dalbir along with Sarabjit’s daughter Swapandeep Kaur and some other persons carrying a placard with a photograph of Sarabjit, tried to meet the premier, reported PTI. However, watertight security
KARACHI – While Pakistani exports to Russia during the first six month of this financial year have picked up by almost 37.79 percent compared to the corresponding period last year Pakistan’s overall export to the country could not cross $100 million, amounting only 0.06 percent share of the lucrative Russian market valued at around $196.8 billion. Despite exports of $77 million made during July to December 2010 as compared to $55.88 million during the corresponding period last year,
KARACHI – Pakistan Telecommunication Authority (PTA) has failed to conduct its Quality of Service (QoS) survey last year, and it has yet to conduct any such effort this year. It has been learnt that PTA has failed to commence its ninth QoS survey for mobile operators which was supposedly due in November, last year. The authority faced litigation by the few mobile operators over issuing show cause notices to them in the light of their poor quality of service during the eighth QoS
ISLAMABAD – Two successive attempts made by the ruling PPP on Saturday failed to woo the PML-N leader to adopt a soft stance during President Asif Ali Zardari’s address to the joint session of parliament due on Tuesday.
Prime Minister Yousaf Raza Gilani telephoned Leader of the Opposition in the National Assembly Nisar Ali Khan, requesting him not to boycott President Zardari’s address. A source told Pakistan Today that following the phone call, a PPP delegation, led by Minister
KARACHI – Pakistan has failed to make inroads in the Australian market for Pakistani mangoes despite announcement, by the foreign country, regarding a change in its’ regulatory policy to accommodate Pakistani import, Pakistan Today has learnt. The country, in the past, has wasted several opportunities to stamp it’s authority in many lucrative international markets. Pakistan had to arrange a visit of an inspection team – who was required to verify data provided by Islamabad, in
ISLAMABAD – Creating a strong sense of discrimination among parliamentarians belonging to minorities, the National Assembly session was prorogued on Friday without passing any condemnatory resolution against the assassination of Shahbaz Bhatti, as the Sindh Assembly unanimously passed a resolution to condemn the brutal killing of the minorities’ minister. During NA proceedings on Thursday, MPs from minorities demanded the government bring a unanimous resolution to condemn the
LAHORE – Overburdened internet servers owing to Cricket World Cup 2011’s online broadcasts are frustrating academics, whose research work relies mainly on online sources. Research scholars and students are finding it difficult to keep pace with their studies as many people watch cricket matches online, during the academic hours, which burdens the servers, disturbing the internet bandwidth. Research scholars said they were facing problems sometimes in opening a website, and their
ISLAMABAD – Former federal minister for Religious Affairs Hamid Saeed Kazmi on Friday failed to convince the Federal Investigation Agency (FIA) about the ownership of his property in Rahim Yar Khan. According to a source in the FIA, Kazmi told a team that some one had gifted him the said property.
When Kazmi was asked why he did not transfer the property in the name of seminary he had been running for years, he could not provide a satisfactory reply. However, he maintained that
ISLAMABAD – Despite the passage of over three months, a sub-committee of the National Assembly Standing Committee on Education has failed to submit its report to the committee on irregularities in the Federal Directorate of Education (FDE) during recruitment of teachers.
The said sub-committee was constituted under Dr Nadeem Ehsan to look into various irregularities made by the FDE in recruitment of the teaching staff in MTT and TUGT cadre and other matter. However, the
KARACHI – Investors were unmoved by the government’s decision to dissolve the cabinet and induct better quality personals. In addition, the result season could not instill momentum as the market sentiment stayed apathetic. Political uncertainty and disturbed US-PAK diplomatic ties dented investor confidence.
Regional insecurities have triggered absence of foreign investor participation in the last few days. The KSE-100 index dwindled a significant 111.81 points to close at
KARACHI – Though the Pakistan Telecommunication Authority (PTA) has reportedly issued a draft of procedures to be utilised by Mobile Virtual Network Operators (MVNO), the regulator has not received yet any application in this regard.
The Member Technical PTA Dr Khawar Siddiq Khokar, while speaking to Pakistan Today, said that the regulator has not received any official applications in this regard yet, however, the potential virtual operator must first have a commercial agreement