Tag: Remain

KARACHI - Investors remained cautious as annual inflation clocked in at 13.16 percent in March 2011. The KSE-100 Index closed down 84 points at 11,849 with 75 million shares traded, down 15 percent from yesterday.
The refining sector continued to outperform the market in general on the back of rising GRM's post closure of refining capacities in the aftermath of Tsunami in Japan (World's 3rd largest oil consumer). Foreign Institutional Investors were rumored to be buyers in cement

LAHORE - US Bureau of South and Central Asian Affairs Assistant Secretary Robert O Blake, Jr told the House Foreign Affairs Committee in a testimony on Wednesday that US' global strategic partnership with India would remain among its "top foreign policy priorities."
Blake told the Subcommittee on the Middle East and South Asia that US President Barack Obama had told the Indian parliament last November that with India assuming "its rightful place in the world, we have an historic

KARACHI - Despite the PM's visit to India, the expected benefits of cricket diplomacy for the textile sector have not yet materialised. India has refused to support Pakistan's claim to an EU-sponsored package for additional trade quotas for 75 textile products in the WTO (World Trade Organisation).
The ongoing cotton rally witnessed in the past year exceeded expectations globally, reaching a high of $2.44 per pound (Cotlook-A) and Rs 13,932 per maund (KCA), although the

KARACHI - The State Bank of Pakistan and all offices of SBP Banking Services Corporation, including the Public Debt Offices, will remain closed on Wednesday, March 23, 2011, as the government has declared the Pakistan Day as Public Holiday.

ISLAMABAD - The US embassy in Islamabad will close its doors and shut its consulates today (Friday) because of protests after the release of Raymond Davis. Small demonstrations broke out across the country after Davis was set free Wednesday after paying $2 million in blood money to the families of the dead.
"The US embassy and consulates will be closed for routine business tomorrow," embassy spokesman Alberto Rodriguez said on Thursday. The decision was made "for public safety at

LAHORE - Despite last week's increase in petroleum prices, vegetable prices remained stable while fruit prices rose at Sunday bazaars. Vendors said they were nticipating a possible price increase next week. They also said that sales increased due to first Sunday of the week and less prices. Vegetable vendors said vegetables prices were stable due to better supplies from the farms. Green Town Sunday bazaar vegetable seller Muhammad Akram said, "Increases in petroleum prices do increase

Lahore - The outdoor patient departments (OPDs) of key hospitals of the city remained closed on Wednesday because junior doctors abiding by the strike, announced by the Young Doctors Association (YDA), refused to accommodate incoming patients.
Hospitals affected by the strike include Mayo Hospital, Ganga Ram Hospital, Services Hospital, Children Hospital and Jinnah Hospital. After taking to the streets on early Tuesday the YDA had announced a strike in all hospitals throughout

MIRPURKHAS - Former foreign minister Shah Mehmood Qureshi said on Monday that he is a small Pakistan People's Party (PPP) activist and will remain with the party. He was addressing party workers in Sanghar and Mirpurkhas. Qureshi said that he is visiting Sindh to reaffirm his loyalty to former PM and PPP founder Zulfikar Ali Bhutto and former chairperson Benazir Bhutto by visiting their mausoleum. The Ghausia Jamaat leader said that he has come to meet his followers in Sindh and has

PARIS - Jose Mourinho's dreams of landing the Champions League for the third time as a coach remained firmly alive on Tuesday after Real Madrid secured a 1-1 draw away at French bogey team Lyon in their Last 16 first leg clash.
One of Mourinho's former teams Chelsea - a rarity in that he couldn't guide them to Champions League title success unlike at Porto and last year Inter Milan - got a crucial 2-0 away win against FC Copenhagen with former Real Madrid striker Nicolas Anelka

LAHORE - Despite a lapse of 10 days, many questions continue to hover around the devastating Mochi Gate fire including whether missing persons have died under the rubble, pace of the clean-up operation and compensation to the affectees. The clean-up operation is going on very slow and victims are looking forward to the agreed compensation they are supposed to get.
Shop owners and businessmen have expressed concerns over working of the City District Government Lahore (CDGL). Eight

KARACHI - The Sindh government has announced on Monday that its offices would remain closed for two days - today (Tuesday) and tomorrow (Wednesday) - on account of Eid Miladun Nabi (PBUH).
The University of Karachi has also announced that the university and its affiliated colleges will remain closed on Wednesday on account of Eid Miladun Nabi (PBHU). The registrar of the university issued a notification on Monday to make this announcement.

LAHORE - Vegetable and fruit prices remained stable at Sunday bazaars owing to increased supply but customers were seen complaining about quality of products. People complained that they were forced to buy low quality vegetables and fruits at higher prices.
"The quality of vegetables always remains a problem at Sunday bazaars but every time the administration is least bothered about it," said customer Javed Ahmed. Another customer Mehmood Ali said that although prices were stable

LAHORE - The Pakistan Cricket Board's tough players' policy is preventing the national team members from expressing their views on the game. PCB chairman Ijaz Butt, who is expected back from New Zealand late on February 4, will be announcing the captain the following day. It has been learnt that Shahid Afridi has been retained as captain of the team.
The captaincy issue has been a hot debate since the PCB named the team without naming any player for the job. And after Waqar