Power cuts continue amid less gas
KarachiThe Karachi Electric Supply Company (KESC) resorted, on Saturday, to power load-shedding of about 150 Megawatts (MW) due to reduced gas
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Woman among two held near Isb Rescue-15 building
ISLAMABAD: Two people, on suspicion of involvement in suicide attack on police Rescue-15 building in Islamabad,have been arrested including a woman near the crime scene here on Saturday, police sources said.Two were arrested following suicide attack on the building while they were later identified as Ibrahim Rabbani and Fatima Lodhi.It is pertinent to mention here that suicide attack on police Rescue-15 office had claimed 2 policemen in Islamabad on Saturday evening while six other persons sustained injuries meanwhile, the security forces, retaliating the assault, had shot dead the attacker on the spot, sources added.
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KCR progress reviewed
KarachiThe District Coordination Officer (DCO) Karachi and the Pakistan Railways (PR) Divisional Superintendent (DS) Karachi should jointly as
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Sindh budget on 15th
KarachiThe Sindh budget is likely to be presented before the Provincial Assembly at 5 pm on June 15, according to Law Minister Ayaz Soomro.br
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Mobile firms link $1bn investment to tax relief
ISLAMABAD: Mobile phone operators have told Prime Minister Syed Yousuf Raza Gilani that they would invest $1 billion in the next fiscal year 2009-10 i
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Oil price to stay at 65-70 dlrs till end 2009: Algeria
ALGIERS: Crude oil wil remain priced at around 65 to 70 dollars a barrel until the end of 2009 before rising, Algeria’’s Energy Minister Chakib Khelil said Saturday, the APS agency reported.”The market will stay within a band of 65 to 70 dollars until the end of 2009, because (US) fuel consumption will rise in summer, but it is difficult to predict the market,” Khelil said in Algiers. “The price of oil will very probably pass the 70-dollars-a-barrel limit from 2010, as the world economy recovers,” he added. But the market nevertheless remained sensitive to other factors, such as the value of the dollar, which was dropping. Any deterioration in the world economy could also hit the price of crude, he warned. On Friday, oil prices retreated after a brief spike that pushed New York crude above 70 dollars per barrel for the first time in seven months, before the market settled back on a US dollar rebound. Light sweet crude hit 70.32 dollars in New York on Friday, its highest level since November 4, 2008.
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Pakistan News
Determination of terror causes vital for its extinction: Imran
LAHORE: The Chairman Pakistan Tehreek-e-Insaaf (PTI) Imran Khan has said it is necessary to determine the reasons, which motivate persons to become terrorist if we want to eradicate this menace from our country.After laying floral wreath on the memorial of Rescue-15 tragedy, Imran chatted with Geo news correspondent Adnan Malik.He said the business community suffered mighty financial losses due to attack on Rescue-15 building and demanded government to decompensate their losses.Rehabilitation of internally displaced persons (IDPs) should be made on war-footing bases, he proposed declaring that they are facing tough time at camps.I am not against Pakistan army but I want strong military, he added.
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Moot on HCFC starts tomorrow
IslamabadA workshop of stakeholders on hydro chlorofluorocarbons (HCFC) will begin on Monday with the objective to exchange information on the
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One killed, two women injured in Karachi shooting
KARACHI: Unknown people, barging into house, have gunned down an activist of Muhajir Qaumi Movement (MQM), leaving wounded his spouse and daughter in Jamsheed Quarters locality here late on Saturday, Khursheed Abbasi, correspondent of Jang newspaper reported.According to correspondent, the deceased was identified as 35-year-old Saleemuddin Khan while his 45-years-old wife and daughter Sehrish sustained bullet injuries amid assault.The incident sparked panic in the area while police linked the deceased with the Muhajir Qaumi Movement, a political party, who used to advocate judicial cases of party leader Aamir Khan, sources added.
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SBP tells all banks to pay pensions
KARACHI: In a bid to provide relief to old pensioners, the State Bank of Pakistan (SBP) on Saturday asked all commercial banks to make arrangements fo
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