Tag: Rise

In a startling disclosure, FIFA’s security chief Chris Eaton stated on Wednesday that soccer match fixing yields US$90 billion annually. This could have been...

Urea prices will need a rise of Rs 22 per bag in order to cope with a 10 percent levy on gas price in...

DASKA - Stall holders are selling unhygienic food which is causing abdominal diseases among the residents of Daska, Sambriali, Pasrur and Sialkot while food inspectors have turned a blind eye towards the situation. With the advent of summer season, the stalls of golas, ice creams and other eatables have been set up on roadsides and outside the schools. These stall holders sell substandard and unhygienic food items which cause diseases among the residents while the food inspectors take

ISLAMABAD - Tuberculosis (TB) is increasing alarmingly in the country, as 4,910 confirmed new cases were reported nationwide in January this year as compared to 4,366 cases reported in the previous month. This was reveled by FAFEN's monthly Health Scan, a report analyzing the data of a selection of diseases gathered by FAFEN Monitors from Health Offices across Pakistan.
According to the report cases of probable poliomyelitis continue to persist in parts of Pakistan despite

ISLAMABAD - The Quaid-e-Azam University students on Monday boycotted their classes in protest against fee increase and lack of facilities in the hostel.
During their protest, students stopped the university shuttle service. As a result, several students could not reach the university.
The students said that there were no Internet, transportation and water for the students living in the university hostel.
They also demanded that the intervention of political parties in

KARACHI - After a broad improvement in the first half of FY11 (July to December 2010), Pakistan's ratio power tariff relative to generation costs has weakened considerably. While higher fuel oil prices and increasing reliance on oil based power generation in the face of a national gas supply shortage, it is estimated that the power cost for state owned WAPDA is presently 31 percent higher than retail tariff in comparison to 15 to16 percent in 1HFY11.
Calculations suggest that

ISLAMABAD - Agro-based exports from the country including fruits, vegetables, rice, wheat, wheat flour and others have registered a tremendous increase during last three years.
The country exported about 5.552 million tonnes of food commodities worth Rs 23.677 billion during the last financial year, 3.911 million tonnes during 2008-09 and 3,861 million tonnes worth Rs14.33 billion in 2007-08.
Rice exports crossed 4.179 million tons during the last financial year as compared

SHANGHAI - Walt Disney Co broke ground on its long-awaited Shanghai Disneyland theme park on Friday, banking on its global brand and fairytale attractions to draw millions of visitors and boost its profits in the region.
Mickey and Minnie Mouse, dressed in traditional Chinese garb, took to the stage with Cinderella and Snow White to launch a Magic Kingdom-styled park tailored specifically to China. Disney's first theme park in mainland China and its third in Asia will cost 24.5

KARACHI - Oil production has increased by an annual 1.1 percent during the nine months of FY11, while growth in gas production has slowed down to an annual 0.2 percent during the same period, following a relatively better performance at the year start.
In terms of hydrocarbon, total sector production enhanced by a miniscule 0.1 percent annually during the nine months of FY11, as per weekly data released by the Pakistan Petroleum Information Services (PPIS).Turndown in gas was

ISLAMABAD - Because of an inadequate system to ensure quality and supply of medicines and weak surveillance system, 440,000 new Multi-Drug Resistance (MDR) cases of Tuberculosis (TB) are being registered annually across the world.
This was revealed by Dr Khalid Saeed Bukhari, World Health Organization (WHO) country advisor here on Thursday while speaking at the 1st Pakistan Health and Hygiene Conference, organized by Global Hygiene Council to mark the World Health Day. The Global

ISLAMABAD - The federal capital witnessed an alarming increase in incidents of robbery, car-theft and cheque-fraud, with Islamabad Capital Territory (ICT) police registering eight robbery, seven car-theft and seven cheque-fraud cases in the last week alone.
ICT police told Pakistan Today that they had registered two cases of murder last week, while the week before last, they had registered three cases of murder, two cases of robbery, six cases of car-theft and seven cases of

KARACHI - Pakistan's foreign exchange reserves rose to a record $17.95 billion in the week ending on March 26, from $17.50 billion the previous week, a senior central bank official said on Thursday.
Reserves held by the State Bank of Pakistan (SBP) rose to $14.54 billion from $14.09 billion a week ago, while those held by commercial banks were flat at $3.41 billion, said SBP chief spokesman Syed Wasimuddin.
"The jump in reserves is largely due to higher export proceeds as

HONG KONG - The world's highest hotel opened its doors in Hong Kong on Tuesday, housed in the city's tallest skyscraper and offering unrivalled panoramic views of the world famous Victoria Harbour.
Towering some 490 metres (1,600 feet) above the bustling, chaotic streets of the Southern Chinese city, the Ritz-Carlton Hotel is making a grand comeback after temporarily closing in 2008.
Visitors peered out of the floor-to-ceiling windows of the 118th floor of the International

LAHORE - Prices of edible oil and milk have surged due to expensive cottonseed oil and a further rise is likely if cotton prices are not controlled, Pakistan Today learnt on Monday. Banola oil and cattle feed are produced from cottonseed (banola), price of which has increased 160 percent in the last one year. It was sold for Rs 50 per kg in March, 2010, however, prices have now jumped to Rs 130 per kg, triggering fears that prices of edible oil would rise. Banola oil is extracted from

AMMAN - Bloody clashes in Jordan have exacerbated the confidence crisis between the government and Islamists, accused of taking orders from northern neighbour Syria, which is itself facing popular protests. The Islamist opposition and the government locked horns after a protester died and 160 people were injured on Friday when police broke up a pro-reform protest camp in Amman following a stone attack by loyalists against young demonstrators.The rift between the government and

KARACHI - Habib Bank Limited (HBL), one of the country's leading commercial banks, has acquired some nine percent more ordinary shares in the New Jublee Life Insurance Company Limited (NJLI). The fresh acquisition of 5.4 million more ordinary stocks has increased the aggregate shareholding in the insurance company to 17.95 percent.
In September last year, HBL acquired additional 5.4 million ordinary shares of the NJIL at Rs 10 each, the bank informed its shareholders at Karachi

COLOMBO - If anyone had told Shahid Afridi a month ago that his troops would snap Australia's 12-year unbeaten World Cup streak, the Pakistan skipper would have thought April Fools' Day had come early.
Unable to play international matches at home, tainted by a spot-fixing scandal that robbed them of the services of Salman Butt, Mohammad Asif and Mohammad Amir, add in the confusion over team and captain selections -- Pakistan cricket was in disarray.
But just as Imran Khan