News Archive: January 2nd, 2010

National

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Arrest warrants issued for Raja Pervez Ashraf

A local court on Saturday once again issued non-bailable arrest warrants of Federal Minister for Water and Power Raja Pervez Ashraf, DawnNews reported.

Five militants killed in Orakzai

Five militants were killed and several others injured as security forces pounded their hideouts in different parts of lower Orakzai Agency during the on-going military operation in South Waziristan.           …

PAF to get eight new F-16 jets by June 2010: Qamar

Pakistan’s Air Chief Marshal Rao Qamar Suleman has said that the country will get eight new F-16 fighter jets by June 2010.

ANP to resist illegal removal of president: Asfandyar

Central President of Awami National Party (ANP), Asfandyar Wali Khan has said that his party will resist any move aimed at the illegal removal of President Asif Ali Zardari and opposed the demand for …

Danish police shoot man trying to enter cartoonist’s home

Danish police late Friday shot and wounded an axe-wielding man who tried to break into the home of a cartoonist whose depictions of the Holy Prophet Mohammed (peace be upon him) infuriated Muslims.

US Secretary Clinton condemns Lakki Marwat attack

US Secretary of State Hillary Clinton denounced the suicide car bombing on Friday at a volleyball game in Pakistan that left at least 88 people dead.

Nine killed, eight injured in China factory explosion

Nine workers have been killed and eight others injured after an explosion in a fireworks factory in northern China, state-run media reported on Saturday.

19 dead as mudslide hits Rio hotel

Brazilian rescue teams searched for survivors Saturday after a mudslide struck a small luxury hotel filled with New Year’s revellers on an island southwest of Rio de Janeiro, killing at least 19…

4 die as trains collide in fog-bound northern India

At least four people were killed when four express trains collided in separate incidents in the fog-bound northern Indian state of Uttar Pradesh on Saturday, police and railway officials said.

FACTBOX-Karzai’s cabinet nominees: approved and rejected

The Afghan parliament on Saturday dealt President Hamid Karzai a painful political blow when they rejected 17 out of 24 of his cabinet nominees, including several close allies and former guerrilla commander…

Business & Economy

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PSO to sell ethanol mixed petrol

Pakistan State Oil (PSO) will start the commercial sale of 10 per cent ethanol mixed petrol or E-10 from Sunday at 20 outlets in Sindh.

Centre, provinces, power sector arrears: Finance told to deduct amounts at source

The Economic Co-ordination Committee (ECC) of the Cabinet has directed the Finance Ministry to deduct from federal and provincial funds at source to resolve the issue of inter-circular debt, sources told…

Bashir leaves for Geneva today

Pakistan's new ambassador to the World Trade Organisation (WTO), Shahid Bashir is leaving for Geneva on Saturday (today) for his new assignment. Bashir who is Customs Group officer was the key Pakistani…

Funds released for uplift of Bahawalpur region

The Punjab government has released the funds of Rs 6449 million for the development works in the Bahawalpur region. The funds will be used for different development schemes of Bahawalnager, Bahawalpur…

Compensation to affected traders: small traders accuse government of using delaying tactics

Small traders of the affected markets of the city on Friday termed their meeting with Interior Minister Rehman Malik a failure, saying the minister failed to held out any sold assurance to them regarding…

Karachi nearly shut down: most industrial units remain closed

Majority of industrial units in all five industrial estates of the city remained closed on Friday as workers failed to report for duty owing to strike call given be Sunni Rehbar Council, and public transport…

‘Increase in gas price sheer injustice to entire industrial sector’

The business community termed the reduction in petroleum prices as an eyewash and strongly flayed the 18-percent increase in gas tariff saying that it would badly hit the industrial and business activity…

Karachi tragedy: APPMA demands to exempt affected traders from taxes

Chairman, All Pakistan Paper Merchants Association (APPMA) Muhammad, Saleem Memon has demanded of the President and Prime Minister to exempt affected businessmen of December 28 incident from taxes and…

PSPC completes number of projects well before time

The Pakistan Security Printing Corporation (PSPC) has completed a number of its projects well before time enabling the organisation to meet the increased demand of the security documents.

Government to give one-time relief to affected traders: Tarin

Finance Minister, Shaukat Tarin said on Friday that the government will stand by the affected traders even if the losses of fire-hit Boulton Market cross Rs 3 billion. He was talking to traders during…

Arson victims: Ebad assures traders of early rehabilitation

Sindh Governor Dr Ishrat-ul-Ebad Khan while emphasising on the immediate rehabilitation of business of affected traders, assured that 'no bureaucratic hurdle' in this regard will be allowed. "This process…

Tariq Saeed to visit LCCI today

President SAARC Chamber of Commerce and Industry Tariq Saeed will visit Lahore Chamber of Commerce and Industry (LCCI) today (Saturday) to discuss as to how the economy can be put back on the track. Tariq…

KCCI criticises 18 percent hike in gas tariff

"18 percent increase in gas tariff by Ogra is a one-sided decision and a deathblow to industrial, commercial and CNG sectors", said the President of Karachi Chamber of Commerce and Industry (KCCI), Abdul…

Exporters concerned over unannounced loadshedding

Exporters and manufacturers have expressed their deep concern over unscheduled electricity load shedding of 12-14 hours hindering the overall productivity resultantly export proceeds were delaying. These…

Mines department achieved revenue collection target

Punjab Senior Minister Raja Riaz Ahmed has disclosed that the Mines and Minerals Development Department has achieved its target well before time and a revenue of Rs 587 million has been collected as receipts…

PTV becomes profit earning entity, managing director claims

Arshad Khan Managing Director (MD) PTV claimed that in a short span of one year the organisation has been made a profit earning entity. Talking to select group of journalist on Friday about the performance…

Activity at Karachi and Qasim ports

The Karachi Port handled 101,974 tonnes of cargo including 65,187 tonnes of import 36,787 tonnes of export cargo and 5,177 loaded and empty containers during last 24 hours ended at 0700 hours on Friday…

FWO, NLC reluctant to vacate 26 toll plazas: NHA may lose Rs 1.5 billion revenue

The National Highway Authority (NHA) has failed to hand over 26 toll plazas to the new contractors as Frontier Works Organisation (FWO) and National Logistic Cell (NLC) are reluctant to vacate them. Sources…

Sports

Agri-sector facing brunt of previous govt’s inefficient policies

Pakistan got off to a flying start when their four out of six pugilists marched into the quarter-finals of Benazir Bhutto international boxing tournament which began at KPT Sports Complex on Saturday.

PBF mismanagement spoils boxing tournament

The ongoing Benazir Bhutto international boxing became a farce on the opening day which was marred owing to mismanagement by the organisers who came under fire from China and Iraq officials for failing…

Technology