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Posts Tagged ‘Karachi’

Marvi Memon booked for leading NPIW employees’ demo

March 11th, 2010


Police has booked PML-Q Information Secretary Marvi Memon for leading a protest demonstration against provincial government’s obstinacy regarding contractual employees of the National Programme for Implementation of Watercourses (NPIW) in Karachi today.
The NPIW contractual employees have been staging a sit-in outside Karachi Press Club by the of for the…

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Ahl-Sunnat Chief injured, son dead in shooting in Karachi

March 11th, 2010


In yet another incident of target killing the son of Ahl-e-sunnat Chief Maulana Ghafoor has been shot dead in Nazimabad while Maulana Ghafoor himself is in critical condition.
According to reports, Maulana Ghafoor was on his way to the court on Thursday morning when two pillion riders approached his car…

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Pakistan should reframe Kashmir policy: AJK PM

March 7th, 2010


KARACHI (APP) – Azad Jammu and Kashmir Prime Minister Raja Mohammed Farooq Hyder Khan has said that Kashmir cause was damaged during the reign of former President Pervez Musharraf.
Pakistan should reframe its national policy envisaging ideological and natural outlook about Kashmir, he said while talking to journalists after a…

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Real success still far away: CJP

March 7th, 2010


KARACHI – Expressing his satisfaction over judiciary’s performance, Chief Justice of Pakistan Justice Iftikhar Muhammad Chaudhry on Saturday said it had given several important judgments, including about National Reconciliation Ordinance (NRO).
He was addressing a meeting of National Judiciary Policy Making Committee held at the Karachi Registry of the Supreme…

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Judicial Policy Committee meeting underway

March 6th, 2010


Chief Justice (CJ) of Pakistan Justice Iftikhar Mohammed Chaudhry is chairing meeting of the Judicial Policy Committee at Karachi Registry of Supreme Court (SC), he said that although hundred percent targets of the policy have not been achieved but the overall performance of the judiciary is satisfactory.
The chief justices…

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Court acquits Usman Farooqui in Steel Mills corruption case

March 5th, 2010


Accountability Court in Karachi acquitted Pakistan Steel Mills (PSM) former chairman Usman Farooqui in a corruption case on Friday, report said. Farooqui was accused of corruption, causing a loss of Rs 17 million to the national exchequer during purchase of a ferrous manganese contract while misusing his office as PSM…

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PSA fails to bring business to Gwadar

March 5th, 2010


KARACHI – The Standing Committees of Senate and National Assembly on Ports and Shipping have reached Gwadar to discuss the role of Port of Singapore Authority (PSA) and its non-commitment to follow the business plan in accordance with a working paper submitted to the ministry related to the poor performance…

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PSA not adhering to investment plans

March 5th, 2010


KARACHI – Port of Singapore Authority (PSA) has invested only $ 34.3 million against the committed investment of $ 550 million for the Gwadar port development.
TheNation has learnt that the PSA had committed to invest $ 55 million in the first five years since they executed Concession Agreement…

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Mullah Omar’s son-in-law arrested

March 5th, 2010


KARACHI – Taliban supreme leader Mullah Omar’s son-in-law and 7th senior member of Taliban Shura was arrested during a raid in Ahsanabad area here on Thursday. Sources in law-enforcement agencies revealed that Motasim Agha Jan was usually accompanied by other accomplices but at the time of the raid he was…

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Mullah Umars close kin Motasim Agha Jan held in Karachi

March 4th, 2010


Son-in-law Mullah Ummar, the prominent Afghan warlord, has reportedly been captured by security agencies in Karachi, a private TV reported.
Motasim Agha Jan was captured Thursday when intelligence agencies on tip off conducted raid on a house at Ehsan Abad area of the metropolis.
Two accomplices of Jan were also…

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Rehman Malik acquitted in NAB reference

March 4th, 2010


Accountability Court in Karachi has acquitted Interior Minister Rehman Malik in a corruption case filed against him.
Speaking to the media, the Interior Minister said that corruption cases registered against him are absolutely baseless, and that justice has finally prevailed
The National Accountability Bureau had filed a reference against the…

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Mullah Omar’s spokesman, Baitullah’s aide arrested

March 1st, 2010


KARACHI – Intelligence agencies have captured two top aides of Afghan Taliban leader Mullah Omar and local Taliban slain leader Baitullah Mehsud from the Saeedabad area of Karachi and recovered weapons from their possession.
A source privy to the matter told TheNation that the intelligence agencies’ personnel raided their hideout…

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Turnover at 2-month low as bear-run continues

February 28th, 2010


KARACHI – The bearish activity continued on limited investor interest ahead of the public holidays on Friday in turnover at a two-month low on security worries and as investors awaited the appointment of a new finance minister.
The KSE benchmark 100-share index ended 9.38 points, or 0.10 percent, lower at…

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NIB earns Rs1.5b consolidated profit after tax in 2009

February 28th, 2010


KARACHI – NIB Bank earned a consolidated profit after tax of Rs 1.5 billion and a standalone profit after tax of Rs 691 million in 2009.
According to a statement issued by the bank here on Friday, the net mark-up income of NIB increased by 23 per cent over…

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Govt to accept all verdicts of judiciary: Gilani

February 26th, 2010


KARACHI – Prime Minister Yousuf Raza Gilani has asked the KESC to further strengthen its generation capacity to meet growing power demand of the metropolis, advising it to become a role model by attracting maximum investment in power sector while maintaining that the PPP respects the judiciary and would accept…

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NAB chairman has resigned: Gilani

February 26th, 2010


Prime Minister Syed Yousuf Raza Gilani has said that Chairman National Accountability Bureau (NAB) has tendered his resignation and has been asked to hold the office till new appointee. Gilani was talking to media after inauguration of 220 megawatt thermal power station in Karachi on Friday. Prime Minister Gilani said…

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GDP nears 3.3 per cent in current fiscal, says Gilani

February 26th, 2010


KARACHI – Prime Minister Yousuf Raza Gilani has said that the economic condition of the country despite international and domestic adversities has improved significantly and Pakistan’s real Gross Domestic Product (GDP) growth is likely to remain close to the target of 3.3 per cent during the fiscal year (2009-10). <br…

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