Tag Archives: Looms

Wheat loss looms as rains dampen harvesting

LAHORE – The floods of last years, despite wreaking havoc, had left the agriculture lands more fertile and the farmers hopeful of yielding bumper wheat crop this year. But experts seem to be wary of the recent wet spell in southern Punjab which they believe could hamper the standing wheat crop. Before recent rains, it was being expected that Pakistan could harvest over 24 million tonnes of wheat crop.
Speaking to Pakistan Today on Monday, chairman of Agri Forum Pakistan Ibrahim

Call to withdraw sales tax on power looms

GUJRANWALA – Pakistan Silk and Rayon Mills Association has condemned levy of sales tax on power looms industry through a presidential ordinance and demanded its instant withdrawal. This demand was made at a meeting of the association chaired by Haji Abdul Waheed.
A unanimously passed resolution warned the government of agitation in Islamabad if the sales tax was not reversed. Haji Muhammad Akram told the participants of the meeting that a committee had been formed to chalk out a

Clarke under scanner as BD series looms

SYDNEY – Michael Clarke got an idea of the sort of scrutiny he will be subject to as Australia captain over the weekend but said on Monday his appointment to the post had not yet properly sunk in.
Clarke assumed the role, often described as the second most important in Australia after that of prime minister, last Wednesday and was surprised by the media attention paid to his 30th birthday celebrations on Saturday. His first task as skipper is three one-day internationals in

Libya warns over air, sea traffic as UN action looms

BENGHAZI – Libya on Thursday warned it could target all Mediterranean air and sea traffic in the case of foreign military intervention, as world powers edged towards tough measures aimed at shutting down Moamer Gaddafi’s military machine.
“Any military operation against Libya will expose all air and maritime traffic in the Mediterranean to danger,” the official Jana news agency quoted Libya’s defence ministry spokesman as saying. “And any civilian or military moving traffic will

No preparation as moonsoon looms

LAHORE – Although the next monsoon season is still months away, but after the deadly floods last year aid workers and experts are warning that Pakistan is still unprepared for the worst, The Guardian said in a special report.
“Now is the time to build up Pakistan’s resilience to disaster,” said Neva Khan, director of Oxfam in Pakistan. “The cost of implementing safeguards pales in comparison to the damage to lives and property [that could be caused by the monsoon].” The monsoon

Power crisis looms as PSO halts fuel supply

KARACHI/LAHORE – The cash strapped Pakistan State Oil (PSO) on Thursday refused to supply furnace oil to the power sector due to the non-payment of its dues of Rs 158 billion. PSO has decided to discontinue the fuel supply to power sector to avoid further defaults on part of the sector, sources said.
They said PSO took the decision after oil refineries threatened it with halting fuel supply, and the state-run oil marketing company is now in no position to continue supplies