Tag: High

GCU mounts high

LAHORE - The Government College University (GCU) Lahore on Wednesday won All Pakistan Inter-University Mountaineering Championship organised by COMSATS Institute of Information Technology Islamabad. A large number of athletes from various educational institutions participated in the competition held under the auspices of Higher Education Commission (HEC). COMSATS secured second position in the championship while Islamia University Bhawalpur and Superior University were declared as

Stakes high in Netherlands, West Indies clash

NEW DELHI - Injury-ravaged West Indies will have plenty to play for when they take on an inspired Netherlands in a crucial World Cup league match on Monday. Reeling under a seven-wicket defeat to South Africa at the Feroz Shah Kotla stadium on Thursday, West Indies were dealt another blow when key all-rounder Dwayne Bravo was ruled out of the tournament with a knee injury.
Up against Netherlands next, the former world champions must overcome the twin setbacks if they are to put

SC hears high profile cases today

ISLAMABAD - Various benches of the Supreme Court will hear high profile cases today (Monday) including smuggling through the container meant for supplies to ISAF in Afghanistan, which have been entering Pakistan over the past four years in the name of Afghan Transit Trade (ATT) and the pilfering that caused a whopping loss of Rs 19 to Rs 37 billion to the national exchequer.
The cases will be heard by a three-member bench comprising Chief Justice Iftikhar Muhammad Chaudhry,

Low gas, high bill

LAHORE - After depriving the consumers from gas throughout winters, Sui Northern Gas Pipelines (SNGPL) is teasing consumers by burdening their pockets through inflated bills. The consumers have no option but to pay because of a very short deadline of only two or three days to pay the bills.
An official of the company said, "The more gas is consumed, the more gas bill would be." For instance if a consumer uses 200 units of gas then the bill will be Rs 300 but if the consumer uses

India flying high at the moment

EXPERT COMMENT - The biggest cricket show on earth got underway on Saturday in Dhaka. Sitting in Sri Lanka, I could feel the butterflies in the stomach of both the Indian and Bangladesh camps. Nothing can be better than this. I hear Ashish Nehra is struggling with fitness, but that should not be of any concern to the Indian team management. They have enough ammunition to pick their first XI and this is the hallmark of a team that is No. 1 in the world.
India will start as

Israel puts embassies on high alert

JERUSALEM - Israel has put its embassies on high alert, fearing they could come under attack, after identifying suspicious activities around some of them, the foreign ministry said on Wednesday. "Unusual occurrences have been identified recently around a few Israeli missions abroad. Our assessment, at this point, is that these sites are under threat, and this is being taken care of," it said in a statement.
"The relevant Israeli authorities are in touch with relevant authorities

Exports touch another high

KARACHI - Pakistan's exports surged further, sustaining its exports record breaking spree, achieving its highest ever monthly exports of $2.329 billion in January, 2011. Sources stated that Pakistan's exports during January, 2011 stood at $2.329 billion, 38.2 percent higher than $1.685 billion recorded in January, 2010.
Imports, during January, 2011, underwent a 3.7 percent increase and reached $3.444 billion compared to $3.321 billion in January, 2010. Total exports in

China raises rates to battle stubbornly high inflation

BEIJING - China raised interest rates for the second time in just over six weeks, intensifying a battle in fast-expanding economy against stubbornly high inflation that threatens to unsettle global markets.
The timing was a surprise, coming on the final day of China's Lunar New Year holiday, but investors have long expected more monetary tightening as Beijing struggles to rein in price pressures and ward off a property bubble in an economy that grew at a double-digit pace last

PTCL to outfit DUHS with high speed connectivity

KARACHI - PTCL and Dow University of Health Sciences (DUHS) have inked an agreement which will provide optical fiber connectivity to Dow Medical College (DMC), Sindh Medical College (SMC) and OJHA Institute of Chest Diseases (OICD) for integrating academic and research processes.
PTCL SEVP Abdulla Yousef on the occasion of the MoU said, "PTCL is heavily investing in ICT assets on behalf of customers, so that they can focus on their core competencies." DUHS serves as an umbrella

Food prices reach new high

MILAN - The UN's food price index hit a record in January and recent catastrophic weather around the globe could put more pressure on the cost of food, an issue that has already helped spark protests across the Middle East.
Up for the seventh month in a row, the closely watched Food and Agriculture Oganisation Food Price Index on Thursday touched its highest since records began in 1990, and topped the peak of 224.1 in June 2008, during the food crisis of 2007/08.
"The new

Businessmen dismayed by high interest rate

KARACHI - The country's traders and industrialists expressed dissatisfaction over a status-quo in the discount rate announced by the State Bank of Pakistan on Saturday.
The Korangi Association of Trade and Industry (KATI) Patron in-Chief SM Muneer and Chairman Syed Johar Ali Qandhari said that a rising trend of discount rates had mounted non-performing loans (NPLs).
Industrialists said that a reduction in the interest rate was need of the hour. The SBP should look to

High school gets upgradation grant

SIALKOT - Punjab Chief Minister Shahbaz Shairf has issued a grant for Government Qaumi High School for its up gradation. According to the Headmaster Hafiz Akhtar Tanveer the chief minister has issued Rs 19,75,000 for development of school.
The district officer for buildings also issued tender for construction of school.

Commodity prices to remain high in 2011: IMF

KARACHI - The prices of commodities soared in 2010, partly in response to strong global demand but also to supply shocks in the case of certain commodities. Upward pressure on prices is expected to persist in 2011, due to sustained robust demand and the sluggish response of suppliers to tightening market conditions.
As a result, the IMF's baseline petroleum price projection for 2011 is now $90 per barrel, up from $79 per barrel in October 2010. As for non-oil commodities,

Malangs flock to Data, ‘high’ on devotion

LAHORE - Proudly courteous malangs, intoxicated in spirituality and unbothered by any terrorist threat, yesterday celebrated the first day of the 967th annual Urs at the shrine of Hazrat Ali Hajvery, popularly known as Data Ganj Baksh.
Diversified devotees, from across the country, in their traditional style, in groups, families and as individuals, kept coming at the shrine to offer 'Fateha' and pay their regards, while lights and flags adorned the roads adjacent to the

‘Hang Musharraf for high treason’

ISLAMABAD - Dr Abdul Basit, counsel for two PCO judges of the Lahore High Court, pleaded in the Supreme court on Thursday for proceedings against former president Gen (r) Pervez Musharraf for high treason and that he be hanged for "his unconstitutional acts of November 3, 2007", which led to the ouster of over 60 judges of the superior courts.
A bench of Justices Mahmood Akhtar Shahid Siddiqui, Jawwad S. Khawaja, Khilji Arif Hussain and Tariq Parvez, was hearing a contempt of

High pressure gas pipeline blown up

KARACHI - An 18-inch high pressure gas pipeline of Sui Southern Gas Company (SSGC) was blown up near Hajano village in the Tangwani area of district Kashmore, suspending the gas supply to the entire Balochistan for at least three days. A serious incident of insurgency occurred at 6am on Thursday, near Hajano village in the Tangwani area of the district Kashmore about 34 kilometers downstream from Sui, south of the gas field and close to Balochistan and Sindh border.
As a result

India cotton prices expected to hit record high

MUMBAI - Indian cotton prices are likely to extend last week's gains to hit a record high, lifted by strong demand from exporters to fulfil their exports obligations and as overseas markets jump, dealers said. "Exporters were very active in the spot market. Arrivals were there, but quality fibre was in short-supply," said a senior official at Gujarat State Cooperative Cotton Federation. India's cotton export deadline will expire on Feb. 25 for the remaining unshipped quantity of the