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Federal Sports, Jinnah CC in Dr. Shah Invitation Cricket quarters

KARACHI: Federal Sports and Jinnah Cricket Club qualified for the quarterfinal of Dr. Muhammad Ali Shah Invitation Cricket Tournament after winning their matches on Friday. Federal Sports beat Shino Sports by a whooping margin of 132 runs at Shino Ground thanks to sparkling knock of 92 by Abdul Hafeez and five wicket haul by leg-spinner…

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November 15, 2008

 

Zone-II, IV Whites into KCCA Inter-Zonal U-17 final

KARACHI: Zone-II Whites and Zone-IV Whites stormed into the final of the Woodward Trophy Under-17 KCCA Inter-Zonal Cricket Tournament after commanding victories in the semifinal on Friday Ali Ahmed hit an unbeaten 44 with four boundaries as Zone-II whites thrashed Zone-VII Whites by seven wicket at TMC Ground in low- scoring. Zone-VII Whites were bowled…

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November 15, 2008

 

Punjab fail to achieve easy win in Pentangular Cup

LAHORE: Punjab failed to achieve an easy victory target and hardly managed to earn a draw against Balochistan on the fourth and final day of the Pentangular Cup match here on Saturday at Qadaffi Stadium. After remaining in control for three days Punjab appeared a defensive side failing to achieve an innings victory and then…

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November 15, 2008

 

Bio-diesel technology to save billions of dollars

ISLAMABAD: The Technical Committee on Blending of Ethanol for motor vehicles and Bio-fuel technology held its second meeting under the convenorship of Zaka Ashraf, President Zarai Taraqiati Bank Ltd (ZTBL) here on Saturday. The high power committee was constituted by the President of Pakistan, Asif Ali Zardari to explore the ways for the use of…

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November 15, 2008

 

No negative impact of IMF package on economy: Experts

QUETTA: The loan package of International Monetary Fund-IMF would not have any negative impact on Pakistan's economy as the conditions of the institution for loan were already part of the budget for the fiscal year-2008-09, said chairman economic department University of Balochistan Tawsif Ahmed while talking to APP here Friday night. Commenting on the Pakistan's…

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November 15, 2008

 

Wapda, PIA notch wins in Premier League Football

LAHORE: Holders Pakistan Wapda once again occupied second spot when they struck once in each half to beat Habib Bank Limited 2-0 in Pakistan Premier football league at Railways stadium here on Saturday. In the other Pakistan Premier Soccer League match Punjab Medical college (PMC) suffered a 2-1 defeat at the hands of PIA despite…

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November 15, 2008

 

Discussion on educational institutions at PU

LAHORE: Punjab University is organising a discussion on “Educational Institutions and Wings of Political Parties” at New Campus on November 17. Leaders of political parties including Jahangir Badar from PPP, Javed Hashmi and Khawaja Saad Rafique from PML-N, Imran Khan from Pakistan Tehrik Insaaf, Liaqat Baloch from JI, renowned journalist Mujeeb-ur-Rehman Shami and renowned columnist…

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November 15, 2008

 

Pakistan steadily moving to find solution to Kashmir issue: Zardari

ISLAMABAD: President Asif Ali Zardari has stated that PPP government is steadily moving to find an honorable solution to the Kashmir dispute in accordance with the wishes of Kashmiri people. “The opening of the cross LoC trade recently is just one step to bring the Kashmiris together. Who knows this step for the wellbeing of…

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November 15, 2008

 

Information Minister condemns kidnapping of envoy

PESHAWAR: The NWFP Minister for Information and Public Relations, Mian Iftikhar Hussain Saturday phoned Iranian Consul General, Mohammad Iqbal Ali Asghari and expressed his heartfelt grief and sorrow over the kidnapping of Commercial Attach Hashmatullah Attarzade and killing of his security guard in Peshawar. He assured that the provincial govt would do all out effort…

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November 15, 2008

 

DG Radio addresses radio employees

KARACHI: Director General Pakistan Broadcasting Corporation (PBC) Ghulam Murtaza Solangi has said that efforts are in hand to develop Radio and bring it at par with modern day requirements. Addressing the staff of Radio Pakistan Karachi at Civic Center here Saturday Solangi said that PBC administration wants to solve the problems of the staff but…

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November 15, 2008

 

SAARC interior ministers meeting postponed

ISLAMABAD: The 3rd meeting of SAARC Interior Ministers being hosted by Pakistan here on November 27 has been postponed. Foreign Office Spokesman while giving the reason to postpone the meeting said the decision to postpone the meeting had been taken on the request of one of the member state of SAARC. New date for the…

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November 15, 2008

 

Party leadership to decide about Chairman Senate election: Babar Awan

ISLAMABAD: Federal Minister for Parliamentary Affairs, Senator Dr. Babar Awan has said that the leadership of Pakistan Peoples Party will decide about the Chairman Senate election and whatever will be the decision of the party he will be the part of it and will accept it. The Federal Minister was commenting upon a news item…

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November 15, 2008

 

Advisor to PM hails PNCA efforts for promotion of art

ISLAMABAD: Advisor to Prime Minister on National Security Mahmood Ali Durrani hailed the efforts of Pakistan National Council of the Arts (PNCA) in providing artists a platform to express their inner talent. He was addressing at the major retrospective painting exhibition by a renowned artist David Wright. It was the first exhibition featuring 37 paintings,…

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November 15, 2008

 

Aqeel, Asim reach Federal Cup Tennis final

ISLAMABAD: Pakistan No. 1 Aqeel Khan and clay court specialist Asim Shafiq sailed into the men's singles final of the silver jubilee Federal Cup Tennis Championship at the Islamabad Club clay courts on Saturday. Seasoned Davis Cupper Aqeel Khan and lanky Asim Shafik, who is also a former Davis Cup player, will now clash in…

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November 15, 2008

 

Navy wins National Shooting title

ISLAMABAD: Pakistan Navy has won the 17th National Shooting Championship 2008 held at Jehlum. Up to eight teams participated in the championship. Pakistan Navy outclassed its rival Pakistan Army by winning 17 Gold, 15 Silver and 06 Bronze medals as against 14 Gold, 14 Silver and 09 Bronze won by Pakistan Army. Pakistan Army remained…

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November 15, 2008

 

Minister promises to upgrade road-network for trade with CAS

MULTAN: Minister of State for Communications Imtiaz Safdar Waraich Saturday expressed the commitment to develop and upgrade national highways network to facilitate transportation of tradeable goods between Pakistan and Central Asian States. In his address of welcome he delivered at a public meeting after foundation stone laying and ground breaking ceremonies of two road schemes…

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November 15, 2008

 

SBP accepts Rs 20,000 mln bids

KARACHI: State Bank of Pakistan (SBP) on Saturday accepted bids of Rs.20,000 million during its Open Market Operation under Repo (Mop up) Sale of Government of Pakistan Market Treasury Bills. Total amount offered in 2-Days at 9.74% was Rs 14,000 million, out of which SBP accepted Rs 5,000 million on prorate basis. Total amount accepted…

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November 15, 2008

 

KPT to be transformed into modern, user-friendly port

KARACHI: Chairperson KPT Nasreen Haq has said that our vision is to transform the port into a modern, competitive, user-friendly port and a transshipment hub of the region. She stated this while presenting the welcome address on the occasion of inauguration of Phase III and 10th anniversary of Karachi International Container Terminal (KICT) by Prime…

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November 15, 2008

 

IMF financial assistance was indispensable

KARACHI: A former Dean and Director of the Institute of Business Administration (IBA) Karachi, Prof. Dr. Abdul Wahab, has said that the IMF financial assistance to the tune of 7.6 billion dollars was `indispensable'. Talking to APP here on Saturday, he said that this would help meet the immediate fiscal needs of Pakistan and would…

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November 15, 2008

 

Minister extends congratulation to Pakistan cricket team

ISLAMABAD: Federal Minster for sports Pir Aftab Hussain Shah Jilani has extended congratulation to Pakistan cricket team and the management on wining the Future Cup 2008 in Abu Dhabi against the West Indies. In his filicitation message, the Minister said that it was a big achievement for the team. The team was equal to the…

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November 15, 2008

 

SBP issues instructions, guidelines for Shariah compliance in Islamic Banking Institutions

KARACHI: State Bank of Pakistan (SBP) has decided to revise clause 1 (vi) of Appendix A to Annexure I of IBD Circular 2 of 2008 , regarding the Essentials of Islamic Modes of Financing (Murabaha) with a view to facilitate the Islamic Financial Industry. According to a circular issued here on Saturday said that now…

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November 15, 2008

 
 
 
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