Tag: Rise

ISLAMABAD - Five people, including a Chinese lady doctor, were killed, 20 vehicles stolen and 10 cases of robbery reported to the city's police stations last week but no arrests or recoveries were made. In the week before the last, 18 vehicles were stolen and 12 cases of robbery were reported. A Chinese lady doctor was killed at her residence-cum-clinic in sector I-8 Markaz.
Dr Arshad Owais Qazi, director of a special education institute, was stabbed to death at his house in

KARACHI - Remittances sent home by the Pakistani Diaspora continued to grow, as an amount of $6.12 billion was received in the first seven months (July-January) of the Fiscal Year 2010-11, showing an increase of $919.92 million or 17.70% compared to $5.19 billion received over the same period in the last fiscal year.
The inflow of remittances in the July-January 2011 from UAE, Saudi Arabia, USA, GCC countries (including Bahrain, Kuwait, Qatar and Oman), UK and EU countries

KARACHI - The financial cost of Pakistan State Oil (PSO) is expected to record a rise of nine percent in quarterly terms to Rs 3.25 billion in the second quarter FY11, mainly on account of rising trade payables, which witnessed a six percent in the quarter according to the latest financial data.
However, the company is expected to receive Rs 1.0 billion as interest incurred by Independent Power Producers (IPP) on overdue receivables. PSO is due to release its 1st Half of

BAGHDAD - Iraq's government submitted a revised draft budget to MPs for approval on Sunday, raising projected public spending as oil prices have increased, government spokesman Ali al-Dabbagh said. The new spending programme estimates overall expenditure at $81.86 billion, or 96.6 trillion Iraqi dinars, while income will be $68.56 billion, leaving a shortfall of $13.3 billion- about a 16 percent budget deficit.
Sunday's submission is based on average oil prices of $76.5 per

ISLAMABAD - Seasonal flu cases are on the rise in the federal capital, with around 300 patients visiting the city's two major hospitals daily. Seasonal flu or influenza is a contagious respiratory illness caused by influenza viruses and it spreads from person-to-person and can cause mild to severe illness.
Dr Sharif Astori, spokesman of the government-run Polyclinic Hospital said around 250 patients infected with seasonal flu, throat infection, chest infection and dry cough

PAKPATTAN - The sale of substandard meat is on the rise in the city. Reportedly, unhealthy and unhygienic meat is being sold in the city and the authorities concerned have allowed the butchers to practice this crime. The shopkeepers are selling water-mixed meat at higher prices.
DACOIT ARRESTED: One dacoit was arrested during a robbery bid.
Reportedly, Aamir Ahmed Khan, with his mother, was going on Kharkhana Road when three armed dacoits snatched the purse of his mother

KARACHI - The group-wise exports of Pakistan have significantly increased during July to December 2010, as the textile sector boosted by 25.8 percent, while the food group recorded a 6.2 percent growth compared to the same period in last fiscal year. According to sources, the country's textile and clothing export during the six months of this financial year stood at $6324.247 million compared to $5027.032 million achieved during the corresponding period of 2009-2010, an increase of

LAHORE - Sunday was a good for the citizens, because fruit and vegetable prices declined, and for the Sunday bazaars' administrations, because public complaints reduced. The prices of onion, ginger, garlic, tomatoes and chicken decreased by around Rs 5 to 15 per Kg.
"Onion and garlic prices had gone out of control, making difficult for us to manage the budget. The price reduction shows that the government could control prices if and when it wanted to," said a housewife, Rabia

DHAKA - Bangladesh's food import bill is likely to rise 15 percent and reach 75 billion taka ($1.0 billion) in the current financial year as the government buys more grain to secure supplies amid soaring prices in global markets.
The original allocation of funds in the national budget for food imports in the financial year 2010-11 was 65 billion taka. "But we need an additional 10 billion taka to import increased volume of grains," Food Director General Ahmed Hossain Khan told

LEIDSCHENDAM - The tribunal set up to try the killers of Lebanese ex-prime minister Rafiq Hariri insisted on Tuesday on keeping its first indictment under wraps as fears of violence rose on the streets of Beirut. The prosecutor of the Special Tribunal for Lebanon warned that speculation on the indictment which he submitted on Monday and is widely believed to implicate Hezbollah, would be "counter-productive".
"This is the first step in our collective quest to end impunity in

NEW DELHI - More than 17,000 Indian farmers committed suicide in 2009, a seven percent rise on the previous year, according to new government figures. The National Crime Records Bureau (NCRB) study titled "Accidental Deaths and Suicides in India" revealed the rise without attributing causes, with the states of Maharashtra, Karnataka and Andhra Pradesh the worst affected. Many farmers, particularly in the southern and western states listed, were pushed further into debt in 2009 after

WASHINGTON - Sales at US retailers rose slightly less than expected in December while underlying inflation remained calm, government reports showed on Friday. Despite the modest rise in December, a key shopping month, retail sales for all of 2010 reversed two years of contraction and posted the biggest gain in more than a decade. The reports, which pointed to steady if modest recovery with scant price pressures, are unlikely to budge the US Federal Reserve from its $600 billion bond

ISLAMABAD - Pakistan's exports exhibited a massive 35 percent increase and exceeded $2.12 billion in December last year. This figure, a record achievement in the 63 years history of Pakistan, was disclosed by the Ministry of Commerce here on Thursday.
A similar unprecedented growth of 20 percent in exports had been achieved from July to December 2010. Federal Minister for Commerce Makhdoom Amin Fahim congratulated exporters and the chambers on this landmark achievement. The

ISLAMABAD - The Sensitive Price Indicator (SPI), for the lowest income group up to Rs.3,000, in the week ended on January 6, has registered an increase of 0.51 percent in comparison to the previous week.
The SPI was recorded at 301.23 points as against 299.71 points registered in the previous week, according to provisional figures revealed by the Federal Bureau of Statistics (FBS).
The weekly SPI was computed with base 2000-2001=100, covering 17 urban centers and 53

LAHORE - Former foreign minister and PML-Q (Likeminded) leader Khurshid Mahmood Kasuri while condemning the assassination of Punjab Governor Salman Taseer has urged the nation to rise above the sectarian divide to save the country from extremism.
Kasuri on Wednesday said the brutal killing of governor was a question mark over the change in society's 'mindset' towards 'fanaticism'. "If the spread of extremism was not checked sooner, it could be a 'societal disaster,' he warned.

ISLAMABAD - Textile group export registered an increase of 26.88 percent during the period from July to November 2010 compared to the same time last year. According to data available with Federal Bureau of Statistics (FBS), the export of raw cotton increased by 15.43 percent and about 49,688 metric tonnes of raw cotton was exported worth $121.433 million.
Meanwhile, the export of cotton yarn also grew by 17.80 percent as about 220,906 metric tonnes of yarn valued at $720.171

ISLAMABAD - Despite the damage done to agriculture production in the summer floods, the export of various food products registered an increase of 17.92 percent during last five months of the current fiscal year.
The export of rice increased by 11.86 percent during the period from July to November 2010 compared to the same period of 2009. About 1.3 million metric tonnes of the rice was exported from the country valued at $779.049 million. According to the data collected by the