Hamza for cautious decisions
LAHOREThe PML-N leader Hamza Shahbaz has said Pakistan is facing a number of challenges and every step should be taken with due care so that n
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Deposed CJ Iftikhar Chaudhry leaves for Karachi
KARACHI: Deposed Chief Justice Iftikhar Muhammad Chaudhry has left for Karachi on Tuesday morning.The deposed chief justice was see-off by lawyers and representatives of civil society.According to leaders of Karachi Bar Association, Chaudhry Iftikhar would reach Karachi at 11:30 am. He would welcome by a rally and would later dropped at the residence of deposed Chief Justice of Sindh High Court Justice Subbihuddin Ahmad.Chief Justice Iftikhar Chaudhry would attend a reception hosted by Lawyers Club at 8:00 pm.He will address the lawyers of Sindh High Court on July 30 and would leave for Islamabad on the same day.
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The price of adopting a son
LAHOREResidents of a Johar Town street are still waiting for Mrs Manzoor, an over 70 years old woman who silently slipped out of her house one
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Shahbaz orders to set up relief centres
LAHORE: Punjab Chief Minister Mian Muhammad Shahbaz Sharif has directed all district coordination officers and district police officers to set up Imme
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Monetary policy to be announced today
KARACHI: Governor State Bank of Pakistan Dr Shamshad Akhtar is presenting today the Monetary policy for the next six months.Besides increase in discount rate, increase in the minimum rate of profit on bank accounts and change in procedure of re-finance are expected in the monetary policy.For reviewing the monetary policy, a meeting of the SBP Monetary Board will be held on Wednesday at the State Bank in Karachi in which the new policy will be approved.According to banking sources, the central bank may increase 33 per cent in sensitive items, 17 per cent in core inflation and 1.5 per cent in the rate of interest for stabilizing the falling value of rupee.As per monetary data, the State Bank of Pakistan issued new currency notes of Rs 142 billion during the previous year which is 42 per cent higher than the financial year 2007 while Rs 484 million were increased in the cost of accounts which is 12 per cent less than year 2007.The SBP therefore may increase bank discount rate and simultaneously may increase the minimum limit of interest rate on bank accounts from five per cent to seven per cent.
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High food prices to stay for 3-4 years: WFP
ISLAMABAD: The World Food Programme (WFP) has warned Pakistan that the impact of high food prices will persist for the next three to four years and th
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SHC directs CNG dealers to display price list at stations
Karachi The Sindh High Court (SHC) has directed CNG dealers to display a price list at their respective stations. The court gave the ruling wh
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Bumpy I J Principal Road perturbs motorists
IslamabadThe I J Principal Road has started showing signs of wear and tear, raising questions about the performance of the concerned authoriti
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Pakistan News
Pakistan seeks confirmation of top Al-Qaeda death (AFP via Yahoo! News)
Security officials in Pakistan were seeking confirmation Tuesday that a top Al-Qaeda expert on chemical and biological weapons had been killed in a suspected US missile strike.
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Relief centres for complainants ordered
LAHOREPUNJAB Chief Minister Mian Muhammad Shahbaz Sharif has directed all district coordination officers and district police officers to set u
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Pakistan News