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Henan Province of China, Sindh Province to be declared sister provinces

KARACHI: Sindh Assembly Tuesday unanimously passed a resolution seeking declaration of Henan province of China and Sindh Province of Pakistan as sister provinces. The resolution was tabled by Provincial Minister Jam Mehtab Daher, who had been a member of the delegation of Sindh Assembly members, led by Speaker Nisar Ahmed Khuhro, which visited China recently….

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November 25, 2008

 

IMF credit to build confidence on country's economy: Analysts

ISLAMABAD: The loan package by International Monetary Fund (IMF) to Pakistan will help build confidence on county's economy besides enhancing its foreign exchange reserves, financial and economic analysts said here on Tuesday. IMF on Monday approved $ 7.6 billion bailout package for Pakistan, and initially amount between $3.5 billion and $4 billion is likely to…

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November 25, 2008

 

Govts back U.N. efforts to save ozone layer, fight climate change

UNITED NATIONS: The United Nations should twin its efforts to combat ozone depletion and climate change to reap the greatest economic and environmental benefits, governments concluded at a recent global gathering. The call for greater cooperation between UN treaties on ozone and global warming was issued last week at the end of a meeting in…

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November 24, 2008

 

Mehbooba’s convoy again attacked in Pulwama town

NEW DELHI: A motorcade of Mehbooba Mufti, president of People’s Democratic Party was attacked on Monday by anti-poll protestors in Pulwama town in occupied Kashmir. After filing her nomination papers for the Wacchi constituency in Shopian district, she was passing through Pulwama town when the crowd pelted stones on her motorcade. Some stones hit her…

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November 24, 2008

 

Zardari seeks UAE-based Pakistani entrepreneurs’ investment

ABU DHABI: President Asif Ali Zardari has invited the UAE-based Pakistani businessmen to invest in their homeland and offered them special incentives and a preferential treatment. “The government will prefer the Pakistani entrepreneurs to come and invest in various joint venture projects in Pakistan”, he said in an interaction with the Pakistani business community here…

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November 24, 2008

 

U.N. forum to ensure funds for development goals despite crisis: Official

UNITED NATIONS: A United Nations conference focusing on ensuring sufficient financing to meet key development goals amid mounting concern about the impact of the current global economic slowdown on poor nations is set to open this weekend in Doha, Qatar. The four-day meeting, starting on November 29, is a follow-up to the International Conference on…

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November 24, 2008

 

Wuthering Heights to be turned into Bollywood musical

The tale of the tempestuous love affair between Heathcliff and Catherine is being relocated to the Rajasthan desert. Deepak Verma, the writer, and the Tamasha theatre company are collaborating on the project, which will debut at the Oldham Coliseum next March before touring Britain. “It is not like putting a square peg into a round…

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November 24, 2008

 

Quake rocks island off New Zealand

WELLINGTON: A 6.0 magnitude earthquake struck the remote Kermadec islands north of New Zealand on Tuesday, the US Geological Survey reported. The epicentre of the quake, recorded at 1:36pm (2336 GMT Monday), was 131 kilometres (81 miles) from Raoul Island and at a depth of 35 kilometres. Earthquakes and volcanic activity are common in the…

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November 24, 2008

 

Manjula wins Tour-de-Pakistan eighth stage

LAHORE: Srilanka’s Jeevan Manjula won the eighth stage of Tour de Pakistan from Sahiwal to Lahore on Monday. Manjula won the 160 kilometers stage by clocking a time of over four hours to grab first position, while Asif Balooch of Sui Southern Gas Company took second whereas WAPDA’s Sher Ali secured third position. 43 cyclists…

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November 24, 2008

 

Pakistan win silver in South Asian Shooting Men's 50M

ISLAMABAD: Pakistan won silver medal in team event of 50 metres pistol (men) even though India swept away all the six gold medals at stake on the third day of 4th South Asian Shooting Championship at Gun Club, Pakistan Sports Complex, on Monday. The events contested on the third day were 50 metres pistol (men),…

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November 24, 2008

 

Ushna knocks out Dipti Srivastava in ITF Women Tennis

ISLAMABAD: Ushna Suhail and Saba Aziz of Pakistan won their first round matches in the main draw of first-ever ITF Pakistan Women International Tennis Futures Circuit at PTF Tennis Complex here on Monday. Ushna Suhail, a 15-year-old from Lahore, pulled a surprise when she knocked out Dipti Srivastava of India in a well-contested three set…

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November 24, 2008

 

U.S. injects $20 BN capital, guarantees into Citigroup Inc.

NEW YORK: The U.S. government moved to bail out Citigroup Inc. agreeing to shoulder most potential losses from $306 billion of its toxic assets and inject $20 billion of new capital, its biggest effort yet to prevent a big bank from failing. The bailout, announced on Sunday, will give the U.S. government a 7.8 percent…

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November 24, 2008

 

IDEAS 2008 exhibition begins

KARACHI: With the participation of 162 defence manufacturing organisations from 58 countries in this year’s International Defence Exhibition and Seminar (IDEAS-2008), organisers of the event have termed it the biggest exhibition in the country’s history. The five-day IDEAS event starting on Monday (today) at the Karachi Expo Centre is aimed at bringing together local and…

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November 24, 2008

 

Military operation kills at least 25 militants in Machni

PESHAWAR: At least 25 militants were killed and 40 others detained in ongoing military operation in Machni on Monday. Meanwhile, security forces, after flushing the militants out of 21 villages, took control of the vacated areas in Machni. The media were taken to the area left by militants after an intensive operation. Inspector General of…

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November 24, 2008

 

Zardari, UAE President resolve to further strengthen bilateral relations

ABU DHABI: President Asif Ali Zardari and President Sheikh Khalifa bin Zayed al Nahyan of the United Arab Emirates on Monday expressed their resolve to upgrade and further strengthen their existing bilateral ties, particularly in trade and economic fields for the mutual benefit of two brotherly countries. President Zardari who arrived here in the UAE…

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November 24, 2008

 

Blast in Hasina Imam Bargah injures at least nine

PESHAWAR: At least nine persons were injured including the Mutawali Kamal Shah and his son, in an explosion that occurred in Hasina Imam Bargah in Hashtnagri here Monday. No causalties have been reported. The explosion occured near the bathroom of the residential quarters on top of the Imam Bargah where the Mutawali and his family…

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November 24, 2008

 

Farzana Raja briefs Fehmida Mirza about BISP

ISLAMABAD: Acting President Dr. Fehmida Mirza on Monday said that the democratic government was committed to uplift of the masses and poverty alleviation was its top priority. She made these remarks while talking to Chairperson Benazir Income Support Program (BISP), Mrs. Farzana Raja who called on her at Parliament House here. The Acting President said…

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November 24, 2008

 

IMF to transfer $3.5-$4 BN into SBP account

KARACHI: The International Monetary Fund (IMF) has agreed to provide Pakistan a $7.6 billion emergency loan to stave off a balance of payments crisis and pave the way for a broader economic rescue plan. Prime Minsiter Syed Yousuf Raza Gilani, while talking to the press said, “It was a blessing that we were first in…

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November 24, 2008

 

Dollar drops from Rs.85 to Rs.77

KARACHI: The value of dollar against rupee during the last three months has dropped down from Rs.85 to the Rs.77 level, while the rupee today is seen stable against dollar in the open market, as it is being bought at Rs.78.95 and sold at Rs.79.15. Forex market dealers said that the value of rupee at…

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November 24, 2008

 

Thousands of anti-govt protesters besiege Thailand's Parliament

BANGKOK: Thousands of anti-government protesters besieged the parliament in Bangkok on Monday (November 24) as part of their “final battle” in a five-month street campaign to topple the government under Prime Minister Somchai Wongsawat. The protesters led by the People's Alliance for Democracy (PAD) group also vowed to march on government offices and the stock…

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November 24, 2008

 

‘India to make Pakistan barren by 2014’

ISLAMABAD: The Indus Water Commissioner, Jamaat Ali Shah, said on Sunday that India would turn Pakistan into a barren country by 2014 by blocking its waters. Addressing a seminar at the Lahore Press Club, he said India had constructed dams on various rivers and the construction was still continuing. He said India could generate electricity…

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November 24, 2008

 
 
 
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