News Archive: November 1st, 2009

National

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Clocks moved back by an hour

Clocks across the country were moved back by one hour on Saturday midnight.The government had introduced daylight saving on April 15 to help overcome the electricity shortfall which had touched 4,000 …

World Bank advises govt to bypass parliament

The World Bank has advised the government to bypass the parliament and implement taxation reforms through a presidential ordinance, according to a report submitted to the Federal Board of Revenue.

At least 7 militants killed in Pakistan fighting

Security forces battling pockets of resistance in a Taliban stronghold in a mountainous tribal region killed at least seven militants Sunday and injured several more, officials said.

‘Hillary stressed US desire for broad partnership’

In her meetings and public events in both Islamabad and Lahore, US Secretary of State Hillary Clinton underscored America’s desire to build a broad and deep partnership with Pakistan, says the State…

Afghan official: 8 linked to UN attack arrested

Authorities have arrested eight people, including one in Saudi Arabia, in connection with this week’s deadly attack on a guesthouse used by United Nations employees, the Afghan intelligence chief…

India oil blaze rages on, ten dead: official

A massive fire at an oil depot in western India had left ten people dead, an official said Sunday, as the blaze raged on after more than 48 hours.

Bicycle bomb attack kills five in Iraq: police

A bomb placed on a bicycle ripped through a market in the Shia city of Mussayib, south of Baghdad, on Sunday, killing at least five people and wounding 31, police said.

South Waziristan offensive very successful, says Qureshi

Pakistan's offensive in South Waziristan has been ‘very successful’ and the military is likely to achieve most of its objectives before winter sets in, the foreign minister said Sunday.

Two policemen die in Kashmir attack

Suspected militants shot dead two policemen at point-blank range Sunday in the main city of restive Indian-ruled Kashmir, police said.

Business & Economy

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INTERVIEW – Pakistan seeks US trade, not aid, says minister

Pakistan plans to send an official delegation to the United States in mid-November to attract investment in a bid to revive its economy following a series of militant attacks, a senior official said on…

Investment prospects: foreign envoys call on PBIT vice chairman

The Norwegian and Argentinean ambassadors called on the Vice Chairman, Punjab Board of Investment and Trade (PBIT), Pir Saad Ahsanuddin to discuss investment prospects in Punjab, and apprise about the…

Government would miss deficit target, says finance secretary

Salman Siddique, Federal Finance Secretary has admitted that the government would miss the deficit target but added that it would be only by 0.2 percent attributable to Eid bonus to state employees (equivalent…

First round of Pak-EU talks on FTA in February

The European Union has finally agreed to initiate talks on free trade agreement (FTA) with Pakistan and the first round of negotiations would be held in February 2010. Commerce Secretary Salman Ghani …

Unlicensed trade bodies: DGTO asks ministries, department not to correspond/collaborate

Director General Trade Organisations (DGTO) has asked all ministries, departments and other organisations not to correspond or collaborate with unlicensed trade bodies/associations till the confirmation…

Meeting reviews implementation, progress on ADP

Chief Minister Punjab Muhammad Shahbaz Sharif on Saturday chaired a high level meeting which reviewed implementation and progress on the Annual Development Programme during the first three month of the…

Kati rejects proposed raise in gas and electricity tariffs, oil prices

Chairman of the Korangi Association of Trade and Industry (Kati), Razzak Hashim Paracha, Saturday said industries had rejected the proposed raise in gas and electricity tariffs and petroleum products …

Increase in export refinance rate: SBP’s decision flayed

Chairman, Site Association of Industry (SAI), Saleem Moosa Parekh here, on Saturday, strongly flayed the State Bank of Pakistan (SBP)'s decision to increase 0.5 percent export refinance rates. Talking…

Riko Deg Board of Governors formed

Government has constituted Board of Governors for Riko Deg Project. Sources in provincial Mines and Minerals Development told APP here on Saturday that those declared as member of the boards included …

Electronic industry: National electronic policy draft prepared by EDB

The Engineering Development Board (EDB) has prepared a draft for the national electronic policy, with the assistance of a German expert, Dr Franz Thum, for promotion of electronic industry in the country…

‘2009 Reasons to be in Singapore’

If there is one word that best encapsulates Singapore's appeal to the global traveller, it is "Unique". A dynamic city rich in contrast and colour, boasting a distinctive combination of modernity and …

Activity at Karachi and Qasim ports

The Karachi Port handled 122,459 tonnes of cargo including 99,271 tonnes import and 23,188 tonnes export cargo including 2,735 empty and loaded containers during last 24 hours ending at 0700 hours on …

Development work in Balochistan: construction of highway projects to be completed by December: minister

Federal Minister for Communications Dr Arbab Alamgir Khan has assured the Chief Minister Balochistan Nawab Muhammad Aslam Raisani and his whole Cabinet that the ongoing highway construction projects in…

Seminar on ‘Project Management’ organised

Project management is the combination of techniques, procedures, people, systems and a discipline, which support planning, implementation, tracking, and control for successful completion of any project…

Sports

Pakistan name hockey squad for World Cup qualifiers

Penalty-corner specialist fullback Sohail Abbas lived up to expectations as Pakistan thrashed Italy 5-0 in their first match of the hockey World Cup qualifiers, played at the Metropole Club in Lille, …

Hockey World Cup Qualifiers

Six teams battle in Lille, France to earn a spot at the 2010 Hockey World Cup in New Delhi, India. The qualifiers involving Pakistan, France, Poland, Russia, Japan and Italy start on October 31 and conclude…

Rooney ‘would be a sensation’ at Real: Ronaldo

Manchester United striker Wayne Rooney would be a ‘sensation’ if he played for Real Madrid, former teammate Cristiano Ronaldo said.

Hamilton ends season with race retirement

McLaren's outgoing world champion Lewis Hamilton was forced to retire for safety reasons from Sunday's season-ending Abu Dhabi Grand Prix after the Briton had led from pole position.

Technology