News Archive: December 5th, 2009

National

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All accused policemen acquitted in Murtaza Bhutto murder case

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Accused policemen acquitted in Murtaza murder case

A sessions court in Karachi has acquitted twenty policemen in the Murtaza Bhutto murder case pertaining to an armed attack on a police team in which two officials were wounded and a taxi driver were also…

Orakzai, South Waziristan clashes kill 13 militants

Thirteen suspected militants were killed in latest clashes in South Waziristan and Orakzai agencies.

Dozens of militants attack Pakistan army checkpoint

Up to 40 militants attacked an army checkpoint, killing one soldier, a security official said on Saturday, after suicide bombers and gunmen killed dozens at a mosque near Pakistan’s military headquarters…

At least 90 dead in Russian cafe blast

Ninety people were killed when a blast ripped through a cafe in the Russian Ural city of Perm, Russian news agencies reported Saturday quoting local officials.

Philippines imposes martial law in massacre province

The Philippines said Saturday it had imposed martial law in a southern province to quell a rebellion by a clan accused of being behind the massacre of 57 people, AFP reported.

Kashmir protests assault on separatist, 12 injured

At least a dozen people were injured on Saturday in Kashmir’s main city when hundreds of demonstrators clashed with police in protests against an attack on a separatist leader who favoured peace…

Iran needs 20 uranium enrichment plants: atomic chief

Iran’s atomic chief Ali Akbar Salehi has said the country needs 20 uranium enrichment plants in order to meet all its electricity needs, state-owned English-language Press TV reported.

Business & Economy

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OPEC should maintain output: Arab oil ministers

Arab oil ministers of OPEC said on Friday that the cartel should keep production unchanged when it meets later this month as crude prices are close to the target of 80 dollars a barrel.

Introducing transparent financial apparatus: Gilani reiterates government resolve

Prime Minister Syed Yousuf Raza Gilani has reiterated his government's resolve to streamline the system by introducing strict and transparent financial apparatus, and restructure white elephants, like…

Doha round conclusion to be successful: Amin Fahim

Federal Minister for Commerce, Makhdoom Amin Fahim lauded efforts made by the Cairns Group, saying that it has contributed in negotiations on agriculture which would lead Pakistan to successful conclusion…

Expert elaborates on Riba and interest

Riba is a barometer of corruption and manifestation of dysfunctional and mismanaged economy, while interest is fulcrum of general equilibrium of economy and essential tool of monetary and fiscal management…

Seminar, exhibition on ‘Export Potential of Sindh’ today

The Trade Development Authority of Pakistan (TDAP) is organising two days seminar and exhibition on "Export Potential of Sindh" on December 5 and 6, 2009 from 9.30 am to 10.30 pm at Sindh Museum Lawn …

Small traders: President hailed for forming committee

Chairman Businessmen Group & former President Karachi Chamber of Commerce and Industry (KCCI), Siraj Kassam Teli, President, KCCI, Abdul Majid Haji Muhammad, former KCCI presidents, Tahir Khaliq, Zubair…

LSM shows 0.65 percent negative growth

A negative growth of 0.65 percent was witnessed by the Large Scale Manufacturing (LSM) during the first quarter of ongoing fiscal year over the same period of last year on the back of falling production…

Over 1,000 telephones of LTIE dead; no action taken yet

More than 1000 telephones of the Lahore Township Industrial Estate (LTIE) are dead since long but no action has been taken yet by the relevant department despite repeated reminders. The LTIA Chairman …

Circular debt issue: government mediating between refiners and industrialists, says Naveed

Federal Minister for Privatisation, Petroleum and Natural Resources Naveed Qamar on Friday said negotiations were on under a committee, encompassing the oil refiners and industrialists, to resolve the…

Political leaders urged to work for welfare of masses

President of Pakistan Industrial Promotion Forum (PIPF), Khalid Tawab has urged the political leaders and government to give up differences and work for upgrading living standard of the masses. Talking…

Safe to hold ‘Roundtable’ in Pakistan on December 17

The South Asian Federation of Exchanges (Safe) is starting a series of 'Roundtables' in different countries and in this connection the first 'Roundtable,' scheduled to be held in Pakistan on December …

SCCI reiterates reservations about proposed ATTA

Sarhad Chamber of Commerce and Industry (SCCI), on Friday reiterated reservations about the proposal to allow the transportation of goods arrived in the name of Afghan Transit Trade Agreement (ATTA) through…

Traders’ body hails FBR decision on tax evasion

National Traders Alliance (NTA) Pakistan has welcomed the move of Federal Board of Revenue (FBR) to bring the biggest tax evaders into the tax net to enhance collection and assured government of their…

Indian parliamentarians affirm support for continuation of dialogue

A Forum of Indian parliament has strongly affirmed that continuation of dialogue between India and Pakistan is the only solution to political problems between the two countries. This will positively affect…

Machinery pool, model quarry in Tharparkar: Sindh government to lease 100 acres of land to PASDEC

The Sindh government has decided to grant lease of at least 100 acres land to Pakistan Stones Development Company Limited (PASDEC) to set up machinery pool and develop granite model quarry in Tharparkar…

Award of contract to foreign firm: TIP accuses PHA of violating PPR

The Transparency International Pakistan (TIP) has accused Pakistan Housing Authority (PHA) of misusing Prime Minister Syed Yousuf Raza Gilani's name for awarding contracts to a foreign private sector …

Activity at Karachi and Qasim ports

The Karachi Port handled 90,755 tonnes of cargo including 61,229 tonnes import and 29,526 tonnes export cargo including 3,864 empty and loaded containers during last 24 hours ending at 0700 hours on Friday…

PIA awards tender to Wavetec

To create an organised and efficient waiting area in their head offices PIA published a tender for the supply and installation of Electronic Queue Management System (eQ System) for their offices in Karachi…

Fast food chain construction: Supreme Court decides to hear pending suo motu notice

The Supreme Court on Friday decided to hear a pending suo-moto notice against construction of a fast food chain at Fatima Jinnah Park also known as F-9 Park.

Sports

Brazil get Portugal, England lucky in World Cup draw

Brazil and Portugal were propelled onto a World Cup collision course when the final draw was made here Friday while Lady Luck smiled on Fabio Capello's England.

Jahangir slams PSF for poor planning

Bad planning by the Pakistan Squash Federation (PSF) which has led to a drop in rankings of its players has drawn criticism from legend Jahangir Khan.

Senior players desperate to do well in Argentina

Five former captains, now part of the Pakistan hockey squad, have resolved to play their due role in inspiring the team to success in the Champions Challenge Cup being played here from Sunday.

Zulfiqar late winner propels Wapda to win

While the two sides battled throughout the first half, the PIA were reduced to 10 player after their skipper Shakir Lashari received first yellow card of the match in the 43rd minute and then second just…

Technology

‘Government taking steps for IT promotion’

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Punjab Chief Minister Shahbaz Sharif has said that the government is taking solid measures for the rapid development of the province and promotion of information technology for equipping the youth with…