PPI - Pakistan Press International articles from August 2006

PPI - Pakistan Press International archives from August 2006

LLM exam commences 10th August.
August 1, 2006... Karachi, August 01 (PPI): The Examination Department of Karachi University notified Tuesday for the information of law colleges that annual examination 2006 of Law for LLM final will start from 10th August, while LLM previous from 11th August....

Postponed Paper of LLB part-1 to be held on 6th August.
August 1, 2006... Karachi, August, 01 (PPI): The Examination Department of Karachi University notified Tuesday that postponed paper-111 (Constitutional Law-1) of LLB, part-1, Annual Examination will now be held on Sunday 6th August at the same examination...

Police submit charge sheet in infant kidnapping for ransom case.
August 1, 2006... Karachi, August 01 (PPI): Administrative judge of anti terrorism courts in Karachi Tuesday accepted charge sheet against two men, accused of kidnapping a 10 months old infant for ransom, and sent their case to ATC-I for trial. Khizar Hayat...

CDGK sub-auction committee formed.
August 1, 2006... Karachi, August 01 (PPI): A five-member Sub Auction Committee of City District Government Karachi (CDGK), headed by District Officer Coordination, has been formed to prepare rules, regulations and guidelines for the auctions of any public...

Lyari town unable to pay July salaries due to cut in funds by Sindh govt: Nazim.
August 1, 2006... Karachi, August 01 (PPI): Lyari town Nazim Malik Muhammad Fayaz said on Tuesday that the town employees could not be paid salaries for the month of July due to cut in funds by the Sindh government. In a statement the town nazim showed...

KU administration hushing up another case of sexual harassment of female candidate by invigilator.
August 1, 2006... Karachi, August 01 (PPI): Karachi University administration is hushing up a case of sexual harassment of a female candidate appearing in ongoing LL. B exams by an invigilator of KU exams department despite written complaint by the victim and...

Dr. Hamida Khuhro reiterates her threat to agitating teachers.
August 1, 2006... Karachi, August 01 (PPI): Sindh Education and Literacy Department Dr. Hamida Khuhro Tuesday said details of teachers' leaders activities who were taking law and order into their hands were being collected to take action against them saying...

Five including 3 women acquitted in kidnapping for ransom case.
August 1, 2006... Karachi, August 01 (PPI): Administrative judge of anti terrorism courts in Karachi Tuesday acquitted five suspects including three women of kidnapping for ransom charge as no evidence was found against them. Mst. Sher Bano, Mst. Zahida,...

Traffic jams as city roads inundate with sewage water.
August 1, 2006... Karachi, August 01 (PPI): Several localities of the city Tuesday submerged in sewage water oozing out from choked gutters and Nullahs causing traffic jams at several main roads and thoroughfares on third straight day after heavy rain lashed the...

Policeman remanded in kidnapping and murder case.
August 1, 2006... Karachi, August 01 (PPI): Administrative judge of anti terrorism courts in Karachi Tuesday remanded a police sub-inspector to police custody till August 7, 2006 for his alleged involvement in kidnapping and killing case. Ghulam Sarwar, along...

Karachi to have more rain, thundershower.
August 1, 2006... Karachi, August 01 (PPI): The Met. Office has forecast cloudy weather with chances of rain and thundershower at a few places in Karachi on Wednesday with temperature ranging between 28-30 degree centigrade. Rain/thundershowers at a number...

Chairman & CEO PIA Tariq Kirmani sworn in as Chief Scout.
August 1, 2006... Karachi, August 01 (PPI): Tariq Kirmani, Chairman & CEO PIA, was sworn in as Chief Scout PIA at investiture ceremony attended by officials of National Headquarters PBSA, Provincial Associations and PIA Management. Mrs. Zubaida Jalal,...

PIA schedules, flight diversions some disruption due to inclement weather.
August 1, 2006... Karachi, August 01 (PPI): Due inclement weather in the country and in Karachi in last few days, some disruption in PIA schedules and diversions of PIA Flights have taken place. This occurs keeping in mind highest considerations of safety and...

Nisar Khuhro condemns Sindh coalition government for tug of war, ignoring destruction due to rains, floods.
August 1, 2006... Karachi, August 01 (PPI): Leader of the opposition in Sindh Assembly Nisar Khuhro Tuesday said monsoon rains were playing havoc with lives of citizens in rural as well as urban Sindh but coalition partners in provincial government were engaged...

Hesco lineman electrocuted.
August 1, 2006... Obaro, August 01 (PPI): A youth was electrocuted while performing his official duty here Wednesday. Muhammad Sachal, 22, a Hesco lineman, was fixing electricity meter in UC Kammu Shaheed when he received electric shock. He was rushed to a...

Three LJ activists sentenced to death in Imambargah firing case.
August 1, 2006... Karachi, August 01 (PPI): Anti terrorism court in Karachi Tuesday handed down death sentence to three activists of banned Lashkar-e-Jhangvi having found them guilty of killing nine persons at Imambargah in Karachi. Abdul Wahab Afghani,...

FPCCI-Rahmatullah Javed nominated as chairman Pak-Sri Lanka JBC.
August 1, 2006... Islamabad, August 01 (PPI): President of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI), Ch Muhammad Saeed has nominated Rahmatullah Javed on the high profile post of Chairman of Pakistan-Sri Lanka Joint Business Council of...

AJK- APC demands re-election in entire AJK.
August 1, 2006... Islamabad, August 01 (PPI): Azad Jammu and Kashmir (AJK) All Parties Conference has rejected the AJK election terming it rigged and demanded re-elections on total 21-seats of AJK-Legislative Assembly. Addressing a news conference, President AJK...

Football: Pak Sporting beat Jinnah by 2-1 in IFA League.
August 1, 2006... Islamabad, August 01 (PPI): Pak Sporting Football Club beat Jinnah Football Club by 2-1 goals in the B-Division Islamabad Football League Tournament at Pakistan Sport Complex here. In the 3rd minutes of the first half Kamran scored first goal...

Football: IFA announces schedule for matches of IFA League.
August 1, 2006... Islamabad, August 01 (PPI): Islamabad Football Association has announced the schedule for the matches of IFA B-Division Football League-2006. According to Secretary, Islamabad Football Association, Muhammad Zaman, the competition match of the...

HEC launches new website with clearer Navigation paths.
August 1, 2006... Islamabad, August 01 (PPI): The Higher Education Commission (HEC) launched a new national higher education portal to provide all users with a user friendly and comprehensive entry point about the complete range of services available through...

PC rebuts PPP statement on HMC privatization.
August 1, 2006... Islamabad, August 01 (PPI): The Privatization Commission (PC) has refuted the statement issued by the Pakistan Peoples Party (PPP) regarding privatization of Heavy Mechanical Complex (HMC). The spokesperson of PC referring to a statement of...

UNAIDS launches separate website for Pak.
August 1, 2006... Islamabad, August 01 (PPI): Initially UNDP hosted a UNAIDS webpage on its website in Pakistan but with the expansion of activities, it was felt necessary to have a separate website for UNAIDS in Pakistan. A statement issued by the UNAIDS,...

Pak-US sign MoUs for economic growth.
August 1, 2006... Islamabad, August 01 (PPI): A graceful MoUs signing ceremony was held at Higher Education Commission (HEC) Headquarters, here Tuesday. The Government of Pakistan and the United States signed two agreements today to help Pakistan expand it...

PPP files petition with NAB against former Railway Minister.
August 1, 2006... Islamabad, August 01 (PPI): Pakistan Peoples Party (PPP) has filed a petition with the National Accountability Bureau (NAB) against the former Federal Minister Railways, Lt. General (Retd) Javed Ashraf Qazi, the former Chairman Railways, Lt....

Imam Hussain Council meeting today.
August 1, 2006... Islamabad, August 01 (PPI): Executive Committee of Markazi Imam Hussain Council (MIHC) will meet today (Wednesday). Pir Mohammad Naqeeb-ul-rehman Sajjada Nashin Eid Gah Sharif will chair the meeting. Arrangements to convene Hazrat Ali...

NPCC allots 100 Mega watt load shedding quota to IESCO.
August 1, 2006... Islamabad, August 01 (PPI): National Power Control Center (NPCC) once again has allotted the 100-mega watt load-shedding quota to IESCO in its region. The IESCO in a statement on Tuesday said that the load shedding schedule according to the100...

Woman scholar for unity among Ummah.
August 1, 2006... Islamabad, August 01 (PPI): Prominent scholar, Khanum Tayyiba Bukhari Tuesday said that unity of Muslim Ummah is the need of the hour. Speaking as chief guest at the Hazrat Fatima Zahra (AS) Conference, she urged on Muslim Ummah to join their...

PPP slams Military ruler for Karachi Collapse.
August 1, 2006... Islamabad, August 01 (PPI): Central Information Secretary, Pakistan Peoples Party, Sherry Rehman slammed the Sindh Government for its callous behavior as Karachi collapsed less than 79 millimeters of rain on an average. Twenty-four people...

Shelter home for women at cost of Rs. 10 million.
August 1, 2006... Sialkot, August 01 (PPI): The government has approved a project of establishing a Shelter Home for women here with total cost of Rs. 10 million. Federal Parliamentary Secretary for Cabinet Division Dr. Ferdous Ashiq Awan disclosed this while,...

Funds Rs. 55m for development projects in district.
August 1, 2006... Sialkot, August 01 (PPI): The Punjab government has provided special development funds of Rs. 55 million under Tameer-e-Punjab Programme for undertaking different uplift projects in the district. Sialkot District Nazim Muhammad Akmal Cheema...

Business-friendly policies attracting foreign investors: Zahid Hamid.
August 1, 2006... Sialkot, August 01 (PPI): The government has introduced liberal and business friendly policies as a result of which, a large number of the Overseas Pakistanis and foreign investors are taking keen interest in investment in Pakistan. Federal...

Contaminated water posing threat to human life.
August 1, 2006... Sialkot, August 01 (PPI): "Contaminated water heavily loaded with toxic pollutants emitting out of the tanneries set up in the area between Upper Chenab Canal and Marala Ravi Link is infiltrating into the water table and is not only diminishing...

District (A. wala): 18th death anniversary of martyrs Bahawalpur on August 17.
August 1, 2006... Arifwala, August 01 (PPI): The 18th death anniversary of martyrs of Bahawalpur plane crash tragedy would be observed on August 17 (Thursday). Ceremonies would be held in different parts of the country to commemorate the tragic incident which...

Shopkeepers involved in adulteration, profiteering not be spared: Minister.
August 1, 2006... Hujra Shah Muqeem, August 01 (PPI): The anti-social elements would not be allowed to vend adulterated commodities, which are inimical for health, said provincial minister for housing, Syed Raza Ali Gillani here on Tuesday. He said that...

Israel pursuing law of jungle under US, UK patronage Nawaz says.
August 1, 2006... Lahore, August 01 (PPI): Former premier and Quaid of his own faction of Pakistan Muslim League Muhammed Nawaz Sharif flaying the naked aggression of Israel against innocent people of Lebanon has said that the Jews were pursuing the law of...

PTV-PMC final on Wednesday: Bannu Red eliminated 1-2.
August 1, 2006... Lahore, August 01 (PPI): With opportunist front-runner Muhammad Yousuf in stunning touch, Punjab Medical College (PMC) of Faisalabad staged recovery to beat Bannu Red 2-1 and forced their way into final of sixth Pakistan Football Federation...

Pak entrepreneurs asked to invest in Poland.
August 1, 2006... Lahore, August 01 (PPI): The Ambassador designate to Poland, Ms Seema Elahi Baloch, has said that fresh fruits, vegetables and furniture have a lot of scope in Poland and the Pakistani businessmen could avail the opportunity by establishing...

Rehmatullah's nomination hailed.
August 1, 2006... Lahore, August 01 (PPI): The Lahore Chamber of commerce and Industry (LCCI President Mian Shafqat Ali, Senior Vice President Abdul Basit and Vice President Aftab Ahmad Vohra have congratulated Rahmatullah Javed for his nomination as Chairman...

Report soon on treatment of drug addicts.
August 1, 2006... Lahore, August 01 (PPI): Following the Prime Minister's directive regarding rehabilitation of drug addicts, the committee constituted in Punjab, on the pattern of other three provinces, is about to finalize its first report based on the...

Permanent stability in gas prices urged.
August 1, 2006... Faisalabad, August 01 (PPI): Phenomenal increase in gas charges has nullified the relief and support provided to industry and exporters by the Government with the result that exporters continue to face un-mitigating pressure on their...

Death condoled.
August 1, 2006... Lahore, August 01 (PPI): Tariq Kirmani, President Pakistan Hockey Federation, Olympian Akhtar ul Islam, Secretary PHF, Sardar Naveed Haider Khan, Director Marketing PHF, Amir Raza Khan, Olympians Akhtar Rasool Chaudhry, Asif Bajwa, Rana...

WAPDA: River flows, reservoirs level report.
August 1, 2006... Lahore, August 01 (PPI): The position of the river inflows/outflows at Tarbela, Mangla and Chashma along with the reservoirs levels and the barrages today was as under: The inflows and outflows in the Indus at Tarbela and Chashma, river Kabul...

Pakistan is ideal for foreign investment: Ajmal Cheema.
August 1, 2006... Lahore, August 01 (PPI): Pakistan has become ideal for foreign investment and renowned multi-national companies have agreed to invest there, said Provincial Minister for Industries, Commerce and Investment, Muhammad Ajmal Cheema. Talking to...

Pak Deaf Cricket Team on England tour from August 4-24.
August 1, 2006... Lahore, August 01 (PPI): Pakistan Deaf Cricket Team first time in history is touring to England from August 4-24, 2006. For the encouragement of Deaf Cricket Team players of Pakistan, Deaf Cricket Association has arranged some events on...

Felicitation on regularization of LESCO employees.
August 1, 2006... Lahore, August 01 (PPI): As a result of the settlement reached between "Pakistan WAPDA Hydro Electric Central Labour Union" CBA and WAPDA Authority and meeting with Muhammad Akram Arain, Chief Executive, LESCO, Lahore Electric Supply Company...

Parliamentarians urge provincial autonomy, renaming NWFP.
August 1, 2006... Peshawar, August 01 (PPI): Parliamentarians from different political parties on Tuesday urged complete provincial autonomy and demanded of the center not to resist against renaming NWFP after all political parties agreed upon a consensus name...

Governor for removing staff shortage in Fata.
August 1, 2006... Peshawar, August 01 (PPI): The NWFP Governor Lt. Gen. (r) Ali Muhammad Jan Aurakzai has reiterated the govt. firm commitment to strengthen and enhance the service delivery system in FATA by providing maximum facilities to the tribesmen. He...

CM waves off tax on gur mills, announces 50000 loans for small farmers.
August 1, 2006... Peshawar, August 01 (PPI): The NWFP Chief Minister Akram Khan Durrani announced giving Rs. 50000 loan to small farmers under Chief Minister Agriculture Credit Scheme as a part of MMA's government agriculture policy to boost this sector in the...

MMA starts preparation for its mass public rally on August 20.
August 1, 2006... Peshawar, August 01 (PPI): Resisting against 'military rule' and failing Musharraf' bid to elect himself for the 2nd term, Muttahida Majlis-e-Amal (MMA) on Tuesday announced schedule for its mass campaign in Peshawar where a big public rally...

CM approves schemes worth 14 billion for quake hit areas.
August 1, 2006... Peshawar, August 01 (PPI): THE NWFP Minister for Local Government and Rural Development Sardar Muhammad Idrees has said that the NWFP Chief Minister Akram Khan Durrani has approved number of reconstruction schemes with the tune of Rs. 14...

District government to organize cultural program on 14 August.
August 1, 2006... Peshawar, August 01 (PPI): District Nazim Peshawar Haji Ghulam Ali has urged the Peshawarites to celebrate the forthcoming Independence Day in a befitting manner being a hallmark of the living nations. He said all out arrangements for...

Governor for taking strict security measure for protecting public installations.
August 1, 2006... Peshawar, August 01 (PPI): High level meeting held with the NWFP Governor, Lt. Gen. E Ali Muhammad Jan Aurakzai in the chair at Governor's House here on Tuesday reviewed the law and order situation in the province as well as FATA. The...

PTV-PMC final today in 6th PFF Soccer Cup.
August 1, 2006... Quetta, August 01 (PPI): With opportunist front-runner Muhammad Yousuf in stunning touch, Punjab Medical College (PMC) of Faisalabad staged recovery to beat Bannu Red 2-1 and forced their way into final of sixth Pakistan Football Federation...

Hand grenades recovered.
August 1, 2006... Zhob, August 01 (PPI): Law enforcers recovered two hand grenades near bus stand here. According to details, law enforcers recovered two hand grenades from near bus stand. It is apprehended that unknown terrorists left these bombs near the...

Rocket attack on security forces post in Kahan.
August 1, 2006... Quetta, August 01 (PPI): Unknown armed men attacked security forces post in Kahan area of District Kohlu. According to reports unknown armed men fired rockets at the check post of Security forces in Kahan. These rockets landed close to the...

Governor-Technical manpower.
August 1, 2006... Quetta, August 01 (PPI): Balochistan Governor Owais Ahmad Ghani has said that measures were underway to overcome shortage of technical manpower in the province and in this connection technical training centers were not being improved but new...

Youth drowns in pond in Jamshoro district.
August 1, 2006... Jamshoro, Sindh, August 01 (PPI): A young man Nazar Muhammad, 22, son of Rahim Barejo, resident of village Ali Murad Barejo, has drowned in a pond. The pond is near his village, located in Thana Bola Khan Taluka, while bathing on Tuesday. ...

Human Rights leader receives threats for assisting heirs of Rasool Bux Brohi.
August 1, 2006... Jamshoro, Sindh, August 01 (PPI): The leader of Human Rights Forum, Juman Otho, who provides legal aid to the heirs of Rasool Bux Brohi, who is alleged to have been murdered in a fake police encounter with Lyari Task Force, has started...

Rehmatullah Javed nominates as chairman Pak-Sri Lanka Joint Business Council.
August 1, 2006... Karachi, August 01 (PPI): Chaudhry Muhammad Saeed, President FPCCI has nominated Rehmatullah Javed as Chairman of Pakistan-Sri Lanka Joint Business Council of FPCCI. Former Secretary General of SAARC Chamber of Commerce & Industry,...

Chairman KPT blames CDGK for flooding of Clifton underpass, hopes making it functional by Wednesday morning.
August 1, 2006... Karachi, August 01 (PPI): Chairman Karachi Port Trust (KPC) Vice Admiral Ahmed Hayat Tuesday blamed City District Government Karachi (CDGK) for flooding of KPT underpass in Clifton, saying due to choking of drainage nullahs in its adjoining...

Ten female swimmers selected for South Asian Games.
August 1, 2006... Karachi, August 01 (PPI): A team of 10 female swimmers has been selected to participate in the swimming events of 10th South Asian Games due to be held from august 19 to 24. The selected swimmers are Kiran Khan and Khadija Khalid of WAPDA,...

Ghulam Mustafa Jatoi Elected Unopposed NPP Chairman.
August 1, 2006... Karachi, August 01 (PPI): Veteran politician Ghulam Mustafa Jatoi who was elected unopposed Chairman of National Peoples Party urged the world community for immediate ceasefire to stop massacre of innocent people in Lebanon and Palestine by...

Cricket: McGrath picks Strauss Cook as his Ashes bunnies.
August 1, 2006... Melbourne, August 01 (PPI): Australian speedster Glenn McGrath has named England's stand-in cricket captain Andrew Strauss and Alastair Cook as his likely bunnies for upcoming Ashes series. In last year's Ashes, McGrath's target was England's...

City Nazim divides Karachi in three Emergency Relief & Rescue Centres.
August 1, 2006... Karachi, August 01 (PPI): City Nazim Syed Mustafa Kamal Tuesday divided the city in the zones falling in the jurisdiction of three emergency relief centres to expedite the relief operations aimed at facilitating the citizens. The emergency...

Do not allow children, elders outside to save them from rainwater: Sindh Chief Secretary.
August 1, 2006... Karachi, August 01 (PPI): Sindh Chief Secretary Fazal-ur-Rehman expressing deep grief on drowning of two citizens in Arabian Sea near Sandspit and capsizing of a boat in Manora, advised the citizens on Tuesday to avoid going at sea side and...

CDGK seizes 286cans of substandard water from different.
August 1, 2006... Karachi, August 01 (PPI): A raiding team of health department of City District Government Karachi seized 286cans of 12 litre water of two different brands from Gul Plaza, Jubilee Market and Cinema, Clifton block 2. The collected samples of...

CDGK seizes 79 slaughtered calves, sends 3540kg meat to Edhi centre.
August 1, 2006... Karachi, August 01 (PPI): The Veterinary Department of City District Government Karachi (CDGK) seized 79 calves slaughtered illegally and sent the 3540kg meat to Edhi Centre late Monday night. The raids were conducted in different localities of...

Seminar 'Indo-US strategic ties' on Aug 04.
August 1, 2006... Islamabad, August 01 (PPI): Preston University Islamabad Campus will organize a seminar on "Indo-US Strategic Relations" here at the university campus on August 04. Secretary General PML and Chairman Senate Standing Committee on Foreign...

PTV's Mera Pakistan transmission kicks off.
August 1, 2006... Islamabad, August 01 (PPI): Pakistan Television (PTV) "Mera Pakistan transmission" kicked off here on Tuesday in-connection with the Independence Day celebrations. PTV has planned a series of programmes from 1st to 14 August to celebrate the...

Independence Day celebrations start.
August 1, 2006... Islamabad, August 01 (PPI): The Independence Day celebrations started in the twin cities of Rawalpindi and Islamabad soon with the start of August. National flags panted with pictures of national heroes, Quaid-e-Azam Muhammad Ali Jinnah and...

10,000 foreign nationals evacuated from Lebanon via Turkey.
August 1, 2006... Islamabad, August 01 (PPI): Around thirty-five countries evacuated more than ten thousand of their nationals through Turkey from war-hit Lebanon. According to the press release issued by Turkey embassy on Tuesday, Turkey has been serving a...

PPP announces Independence Day celebrations' schedule.
August 1, 2006... Islamabad, August 01 (PPI): Pakistan Peoples Party (PPP) has announced schedule of various programmes in connection with Independence Day celebrations. Besides other programmes on union council level, the PPP will arrange a major programme...

Cell phone use during driving increases accident risks.
August 1, 2006... Islamabad, August 01 (PPI): Keeping in view the use of cellular phone during driving as hazardous, the awareness campaign launched by the Islamabad Model Traffic police about the risks of using cellular phone during driving has got momentum. ...

CCI meeting deferred till Friday.
August 1, 2006... Islamabad, August 01 (PPI): First meeting of the Council of Common Interests (CCI) scheduled to be held here today (Wednesday) was deferred till Friday, Aug 04. CCI meeting has been postponed due to participation of the Prime Minister...

MQM-Govt. deadlock continues.
August 1, 2006... Islamabad, August 01 (PPI): Deadlock due to resignations of the federal and Sindh Ministers of the Muttahida Qaumi Movement continued Tuesday. In a dramatic move, the MQM Tuesday called back its delegation from Islamabad to Karachi to...

IESCO 132-KV Mobile Grid station starts work.
August 1, 2006... Islamabad, August 01 (PPI): The Chief Executive Officer IESCO (WAPDA), Brig Shahbaz Azam has said that Twincities Rawalpindi and Islamabad load shedding problems would reduce zero percent owing to the establishment of IESCO Mobile grid station....

US & Israel determine to annihilate Muslims: JI leader.
August 1, 2006... Lahore, August 01 (PPI): "Israel and America are determined to annihilate Muslims from the world while our Muslim rulers are busy in seeking pleasure of US." This was stated by the MMA's leader and Jamat-e-Islami Jhang's Ameer Mehar Bahadur...

Killing of innocent people in Lebanon condemned.
August 1, 2006... Lahore, August 01 (PPI): Commission For Peace and Human Development (CPHD) have condemned the killing of innocent civilian people in Lebanon. Expressing his anguish on the killing of civilians in Lebanon including many children by Israeli...

Installation of PTV booster at Shakargarh soon: Dr. Tahir.
August 1, 2006... Sialkot, August 01 (PPI): An ultra modern booster of Pakistan Television (PTV) would soon be installed at Shakargarh with total cost of Rs. 200 million. Punjab Health Minister Dr. Tahir Ali Javaid and his father Dr. Naimat Ali Javaid...

Headlines from major Pakistan newspapers: Tuesday August 01, 2006.
August 1, 2006... DAWN 28 bodies found in rubble: Lebanon Six killed in Kashmir UNSC gives Tehran Aug 31 deadline Eight die in Afghan blast 26 kidnapped in Baghdad Protest at British air base THE NEWS 24 die as rain cripples Karachi...

PIBs, NSS, TBs rates may go up.
August 1, 2006... Karachi (PPI): Aug 01: The first impact of the new monetary policy was felt in the inter-bank market as the overnight rate touched 9.4 per cent on July 31. Analysts and bankers said that the impact of higher discount rate would also be resulted...

Rains hit industrial, trading activities.
August 1, 2006... Karachi, August 01 (PPI): Heavy rains have virtually paralysed industrial and trading activities in the city. Industrialists said production activities in the industrial estates plunged by 50-80 per cent on July 31. Workers and even...

50 foreign investors interested in GDR of OGDCL.
August 1, 2006... Islamabad, August 01 (PPI): Fifty international investors have expressed their willingness to secure Global Depository Receipt (GDR) of Oil and Gas Development Company Limited (OGDCL), which will be disinvested by October this year, says...