News Archive: August 9th, 2009

National

Subscribe to RSS

DNA test soon, says interior ministry

Ambiguities about the death of Tehrik-i-Taliban Pakistan (TTP) chief Baitullah Mehsud will be over after DNA tests in two to three days, Interior Secretary Kamal Shah said on Sunday.

Hakeemullah and Wali both dead: Turkistan

Baitullah Mehsud had been killed along with 40 militants in a drone strike last week and was buried in his house, says a commander of the rival group.

Gojra victims get compensation cheques

Minister for Minorities Affairs Shahbaz Bhatti handed over on Sunday compensation cheques for Rs500,000 to the heir of each of the seven people of the Christian community burnt alive in Gojra by a mob…

Landslide kills 46 in north India

At least forty-six people were killed in a landslide triggered by heavy rains in the northern Indian state of Uttarakhand, police said on Sunday.

Ambassador Haqqani placed on US defaulters’ list

The local government in the US capital has placed Pakistan’s ambassador Husain Haqqani on a list of tax defaulters, according to a DawnNews report.

National security adviser: US believes Mehsud dead

President Barack Obama’s national security adviser said the United States thinks Pakistani Taliban leader Baitullah Mehsud is dead.

Zardari accepts resignation of two PCO judges

President Asif Ali Zardari accepted on Saturday resignations of Justice Faqir Muhammad Khokhar and Justice M. Javaid Buttar.

SJC stigmatises oath violating Constitution

The Supreme Judicial Council (SJC) added on Saturday a new clause to the code of conduct for superior court judges, forbidding any oath of office other than the one provided in the Constitution.

Business & Economy

Subscribe to RSS

MCB to buy RBS Pakistan for Rs7.5 billion: source

Pakistan’s MCB Bank will pay around Rs7.5 billion to acquire the Pakistan operations of the Royal Bank of Scotland, a source with direct knowledge of the deal said on Monday. MCB Bank, the country…

Pakistan’s economic growth weak: IMF

Pakistan’s economic growth has been anaemic, partly because of the current volatile political and security situation in the country, says an International Monetary Fund report released at the weekend…

Another forex firm comes under probe

After the Khanani and Kalia International (Pvt) Ltd another major foreign exchange company is being investigated for its alleged involvement in what is being described as the illegal flight of capital…

Encouraging feedback received on investment policy: Waqar

Federal Minister for Investment, Senator Waqar Ahmed Khan, said here on Saturday that present government was engaged in initiating a number of policies to attract investments into Pakistan. 'We have recently…

IMF scales down GDP target to three percent

The International Monetary Fund (IMF) has projected GDP target of 3 percent, against 3.3 percent set by government of Pakistan, for the current financial year 2009-10, due to economic slowdown buffeted…

Commerce minister on ”leisure trip” to Virgin Islands

Commerce Minister Amin Fahim is on a 'leisure trip' to Miami and Virgin Islands, Sweden, Dubai and London, accompanied by one of his friends, Ghulam Ali Nizamani, Member of National Assembly, and a Director…

Third World Bank poverty reduction programme launched

The government was well aware of peoples' problems and maximum funds were being allocated for the improvement in the lifestyle of the poor and development of the neglected areas of the country. This was…

SME conference 2009 held

Speakers highlighted the obstacles to the growth of Small and Medium Enterprises (SMEs) in a comprehensive manner during the third 'SME Conference 2009' held here on Saturday at a local hotel. SHAMROCK…

Local trade bodies demand resignation of Pervaiz Ashraf

All trade bodies have unanimously demanded the immediate resignation of Federal Minister for Power and Water Raja Pervaiz Ashraf for poor performance and hoodwinking the nation through hollow slogans. …

KCCI flays killing of industrialist

President Karachi Chamber of Commerce & Industry Anjum Nisar, President Chairman Businessmen Group (BMG) Siraj Kassam Teli, former KCCI presidents Tahir Khaliq, M. Zubair Motiwala and Haroon Senior Vice…

FPCCI president appreciates TDAP’s efforts

A 5 member delegation led by President FPCCI, Sultan Chawla called on the Secretary TDAP, Mirza Kareem Baig recently to discuss ways and means to enhance country's exports. President FPCCI appreciated…

LCCI urges Tarin to take steps to improve economic situation

The Lahore Chamber of Commerce and Industry, congratulating Senator Shaukat Tarin on his appointment as the Minister for Finance, urged him to take immediate steps to improve the socio-economic structure…

Activity at Karachi and Qasim ports

The Karachi Port handled 116,883 tonnes of cargo including 95,572 tonnes import and 21,311 tonnes export cargo including 1,372 empty and loaded containers during last 24 hours ending at 0700 hours on …

Palpa reneges on agreement: PIA

Pakistan Airline Pilots Association (Palpa) once again threw a spanner in the almost completed negotiations by the PIA management which continued for 16 weeks and finally Palpa signed the agreement for…

Pakistan and Iraq to operate 14 flights in a week

Pakistan and Iraq on Saturday agreed to operate 14 flights in a week between various cities of both the countries. "Bilateral Air Services Agreement talks with Iraq were held on Saturday in Ministry of…

Over Rs 88 billion projects: Zardari issues directives to improve Karachi mass transit system

President Asif Zardari has issued clear directives to the concerned institutions on the swift materialisation of at least four projects worth over Rs 88 billion to improve the transportation system of…

Existing IPR Laws require appropriate regulations: DG FIA

Director General Federal Investigation Agency (FIA), Tariq Khosa emphasised that the existing IPR Laws require appropriate regulations for better enforcement of Intellectual Property Rights in Pakistan…

EDB prepares Draft Electronic Policy

The Engineering Development Board has prepared a draft of the National Electronic Policy with the assistance of a German expert Dr Franz Thum. The draft was presented to the Working Group on Electronics…

EDB to get more experts for industrial capacity building

The Chief Executive Officer Engineering Development Board (EDB) Asad Elahi said the EDB was in touch with the donor and international agencies for getting short term experts for the industry for capacity…

Sports

Del Potro wins title to spoil Roddick return

Juan Martin Del Potro spoiled Andy Roddick’s return to the tour after a month-long hiatus by upsetting the top seed and world number five 3-6 7-5 7-6 to win the Washington Classic on Sunday.

Pakistani cueists score wins at World Under-21 championship

Two of Pakistan’s junior cueists Asjad Iqbal and Hamza Akbar advanced to the knockout round of the IBSF World Under-21 snooker championship in Kish Island, Iran.

India stunned by Britain’s pullout

India is feverishly preparing to host next year’s prestigious Commonwealth Games but the sudden and unexpected refusal of the English team to take part in the World Badminton Championship beginning…

Pennetta wins LA Women's Tennis title over Stosur

Italy’s Flavia Pennetta stunned former world No 1 Maria Sharapova 6-2, 4-6, 6-3 in the semi-finals of the Los Angeles Championship on Saturday.

Roddick to meet Del Potro in final

Top seed Andy Roddick will face holder Juan Martin Del Potro in the final of the Washington Classic after overcoming a 20-ace barrage to oust fellow American John Isner 6-7, 6-2, 7-5.

HBL, PEL, Wapda win in PPFL

Saturday’s Pakistan Premier Football League (PPFL) matches saw Habib Bank Limited (HBL), Pak Elektron Limited (PEL) and Wapda returning from the field with three full points after beating their …

England pull out of badminton World C’ship in India

England have pulled out of the world badminton championships starting here Monday over concerns about the squad featuring Olympic silver medallist Nathan Robertson being targeted by a terrorist act.

Wapda to face Iran’s MBA FC in women football semis

Wapda forced their way into the semi-finals of the fifth National Women Football Championship when they edged out Diya Football Club Sindh 2-1 in the fourth quarter-final played at the Jinnah Stadium …

Technology