Rain cools weather

LAHORE

HEAVY but scattered rain struck the provincial metropolis and adjoining cities early Thursday relieving the citizens of the heat spell w

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PSO ready to launch E10 petrol

KARACHI: Pakistan State Oil (PSO) has claimed to have finalised arrangements for launching ethanol-blended petrol in three major cities, says a press

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France to finalise partnership accord

LAHORE: French Economic and Commercial Counsellor Dominique Simon has said that the French President, Nicolas Sarkozy is planning to visit Pakistan by

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First parking plaza of Pakistan inaugurated

Karachi

Pakistan?s first multi-storey parking plaza was inaugurated on Thursday in Saddar by Sindh Governor Dr Ishratul Ebad Khan and City Nazi

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Security agencies exploiting youth: Lahore High Court

LAHORE: Lahore High Court chief justice Khawaja Muhammad Sharif on Thursday expressed concern on the irregularities and violations of law committed by

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Gilani-Miliband meeting underway

ISLAMABAD: British Foreign Secretary David Miliband Thursday is currently in the meeting with Prime Minister Syed Yousuf Raza Gilani at Presidency here.

Interior Minister Rehman Malik, Foreign Minister Makhdoom Shah Mehmood Qureshi and Defence Minister Ahmed Mukhtar are also present in the meeting.

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Crucial meeting on local bodies? fate today

Karachi

All four provinces, including Sindh, will present their suggestions with regard to the local government (LG) system and the local bodie

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Pakistan Refugees Return Home After Military Offensive (Fox News)

Pakistan will allow some 2 million people who fled an army offensive against the Taliban in Swat Valley to return home next week, as the region is now secure.

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Dissidents? boycott clears way for Chaudhrys win

ISLAMABAD: The dissidents? group of the Pakistan Muslim League-Quaid (PML-Q) has accepted its defeat in the party elections by boycotting the process

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Capital market remains under selling pressure

KARACHI: Selling pressure continues at Karachi Stock Exchange (KSE) on the second consecutive day and the benchmark KSE-100 Index further lost 46 points to close at 7,430.

The share market began today?s journey in the green zone and at one point the Index was seen at 7,522 level.

But, the investors late opted for a cautious stance following tension between the judiciary and government over prices of petroleum products and preferred to sell instead of taking new positions.

The trade volume stood at 140 million shares today.

Pace Pakistan emerged as today?s volume leader which gained Rs1 to close at Rs6.51.

KSE-30 Index eased 64 points to peg at 7,956.

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