Pakistan News Watch
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National
FACTBOX: US drone strikes target mili…
The Pakistani Taliban have appointed a successor to their feared leader believed to have been killed in a US missile strike, a militant commander said Saturday.
SC moved against Musharraf; PML-N disowns Zafar’s plea
Interestingly, the PML-N distanced itself moments after the filing of the petition by clarifying that it was the party’s considered view that such a move should be initiated in parliament.
US likely to enlist IFI, investor help
A team of American experts has arrived in Pakistan to assess the country’s ailing energy sector and help the government overcome loadshedding and outages.
Taliban cut off fingers of 2 Afghan v…
Taliban militants cut off the ink-stained fingers of two Afghan voters in the militant south during the presidential election, the country’s top election monitoring group said Saturday.
US missile hits Mehsud’s Pakistan str…
Militant commander Faqir Mohammad, who had proclaimed himself as successor to slain Taliban leader Baitullah Mehsud only a couple of days ago, announced on Saturday that the much younger Hakeemullah Mehsud…
Pressure groups blamed for sugar crisis
The government admitted on Friday that because of pressure from certain interest groups it could not import sugar earlier despite warnings about an impending shortage.
Ashraf, Hayat trade barbs in NA
The last day of the National Assembly’s monsoon session on Friday was marred by anger on front benches and a lawmakers’ rush for the signatures of Prime Minister Yousuf Raza Gilani whose presence…
Chattha group apologises for supporting dictator
In an attempt to distance itself from former president Gen (retd) Pervez Musharraf, the Chattha-led faction of the Pakistan Muslim League-Q on Friday apologised to the nation for supporting ‘a regime…
Progress made on issues facing Balochistan: PM
In an address to the media, prime minister Yousuf Raza Gilani claimed that considerable progress has been made on the issues facing Balochistan, DawnNews reported.
India hands Pakistan info on Mumbai a…
India will keep providing evidence to Pakistan on last year’s bloody attacks in Mumbai, a day after handing over fresh information on the siege, a report said Saturday.
Strike over Indian PM’s statements shuts Kashmir
Separatists called a one-day strike Saturday in revolt-hit Indian-administered Kashmir to protest against a statement by Premier Manmohan Singh that there was ‘no place for separatist thought’…
Megrahi’s release will boost Libya-UK ties: Gaddafi
Libyan leader Muammar Gaddafi held out the prospect of stronger ties with Britain following the release by a Scottish court of a man convicted of the 1988 Lockerbie airliner bombing, Libyan state media…
Business & Economy
Gilani slashes tax on sugar, fixes price at Rs45
Prime Minister Yousuf Raza Gilani, on Saturday, ordered sugar price to be fixed at Rs45 per kilogram, in a bid to provide relief to the consumers.
Global economic crisis, poor law and order slowing Pakistan’s economy growth: IMF
The ongoing global economic crisis, negative security developments and continued electricity shortage are slowing Pakistan's growth and real GDP is projected to contract by almost 3 percent on average…
Implementation of nine-point economic agenda: Tarin to hold monthly meeting with business community
Federal Finance Minister Shaukat Tarin will hold monthly meeting with business community to discuss the 9-point economic agenda of the government and ways for its smooth implementation besides removing…
Jetro arranges session on special economic zone
Japan External Trade Organisation (Jetro) in collaboration with Board of Investment (BoI) held a guidance/awareness session at the residence of the Counsel General of Japan, on August 19 for elaborating…
Intra-Saarc trade: removal of non-tariff barriers urged
"Lack of political commitment and trade barriers are the major hurdles impeding growth of intra-regional trade in South Asia". This was stated by Saarc CCI President Tariq Sayeed during his keynote speech…
FDA spends Rs 423 million on 46 schemes in Fata
Fata Development Authority has spent Rs 423 million on 46 development schemes included small dams, minerals development, skill development, industries and research and development sectors. This was revealed…
Riaz elected unopposed SCCI president
Prominent industrialist, Riaz Arshad was elected unopposed as president of the Sarhad Chamber of Commerce and Industry (SCCI), while Zulfikar Ali Khan and Faiz Mohammad Faizi were elected unopposed as…
Mill-owners versus labour class: six-member body set up to resolve disputes
Commissioner, Punjab Social Security Institution (PSSI), Captain Sher Alam Mehsud (Retd) has constituted a 6-member committee to solve the problems being confronted by mill-owners and labour class in …
Tarin chairs first BPC meeting
The first meeting of the Business Persons Council (BPC) was held under the chairmanship of Shaukat Tarin, Federal Minister for Finance on Friday. The BPC is represented by businesspersons from various…
‘Increase in WHT unjustified’: FBR urged to withdraw amendment to IT Ordinance 2001
The Lahore Chamber of Commerce and Industry (LCCI) Friday urged the Federal Board of Revenue (FBR) to immediately withdraw the amendment in Section 154 of the Income Tax Ordinance 2001 wherein Withholding…
LCCI office timing during Ramazan
The Lahore Chamber of Commerce and Industry (LCCI) office timings have been rescheduled for the Holy month of Ramazan. According to LCCI circular, the LCCI offices would remain open from 10:00 am to 4…
Advisory Council: five nominations from FPCCI to affect neutrality: KCCI
Five nominations from FPCCI in Trade Organisation will affect the neutrality of Trade Organisations Advisory Council. The Director General Trade Organisations (DGTO) has misquoted Rule-13, Sub-rule (2…
Two modern salt lakes, plants to be set up in Mithi
Hub Salt Pvt Ltd has assured Sindh government that it would set up two more modern salt lakes and plants in Mithi town of district Tharparkar soon. This was informed by the Secretary Mines and Minerals…
Activity at Karachi and Qasim ports
The Karachi Port handled 43,199 tonnes of cargo including 20,662 tonnes import and 22,537 tonnes export cargo including 732 empty and loaded containers during last 24 hours ending at 0700 hours on Friday…
MPCB to check environmental hazard of pollution-hit coastline
The ministry of ports and shipping on Friday constituted a committee to technically evaluate ways to clean the 990-kilometer long pollution-hit coastline of the country, as Marine Pollution Control Board…
Indus Motor holds 18th Dealer Conference
Indus Motor Company (IMC) held its 18th Annual Dealer Conference with the theme "Challenge the Change" in Karachi. Toyota Motors Asia Pacific, Senior Vice President Michinobu Sugata was the chief guest…
‘SSEPC to enhance share of postal business’
Minister for Postal Services Mir Israr Ullah Zehri on Friday said that establishment of Small and Smart Express Post Centres (SSEPC) would not only enhance share of postal business but also help further…
Sports
Man United, Arsenal, Man City score big wins in Premier League
Manchester United recovered from their shock midweek defeat with a 5-0 Premier League win at Wigan, while Arsenal continued their strong start to the season by beating visiting Portsmouth 4-1.
Sports journalists to form association
Senior sports scribes of the city met here at a local club on Thursday to finalise the formation of a sports journalist association.
Mind Sports Association gets PCPA support
The Mind Sports Association of Pakistan (MSAP) on Thursday, signed an agreement with the Pakistan Chess Players Association (PCPA) for the development of the mind sports in the country.
Athletics-Jamaicans storm to 4×100 me…
Jamaican Usain Bolt shattered two world records and won three world championship gold medals in Berlin -- now he is ready to hit the clubs and the beach.
Alonso delights home fans at Euro GP …
Defending world champion Lewis Hamilton of Britain took the 14th pole position of his career on Saturday as McLaren locked out the front row of the grid for the European Grand Prix.
Technology