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  Thursday, May 8, 2008, Jamadi-ul-Awwal 1, 1429    

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Quote of the day

Youth is a blunder,  manhood a struggle;  old age a regert.

Benjamin Disraeli
British statesman
 


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Ball in Zardari, Nawaz court
Judges Committee fails to reach any decision

Staff Reporter

Islamabad—The final meeting of judges restoration committee has failed to reach any decision and has decided to present the agreed draft resolution to PPP Co-Chairman Asif Ali Zardari and PML-N Quaid Mohammad Nawaz Sharif to take the final decision. Briefing newsmen after the last meeting of judges restoration committee here on Wednesday night, Minister for Law and Parliamentary Affairs Farooq H Naek said, Asif Zardari and Nawaz Sharif would brief media on the constitutional package and resolution. He said all, except Fakhruddin G Ibrahim, participated in the meeting. Farooq H. Naek said Aitzaz Ahsan remained in the meeting throughout and he did not leave the committee at any point.

full story»  

By-elections on June 26
Rabbani blames ECP for earlier postponement


Senior Reporter

Islamabad—Secretary, Election Commission of Pakistan, Kanwar Muhammad Dilshad has announced that the Election Commission of Pakistan has issued revised schedule for by-elections, 2008.
According to a notification issued here on Wednesday by the Chief Election Commissioner in respect of vacant seats in the National Assembly as well as all the four Provincial Assemblies, poll for the by-election 2008 will be held on 26 June. Kanwar Muhammad Dilshad said that nomination papers would be filed from 8 to 13 May.

full story»  

Conspiracies against coalition to fail: Shahbaz
MS Tanvir

Islamabad—Former Punjab Chief Minister, Mian Shahbaz Sharif has said that some elements were busy in hatching conspiracies against the successful functioning of coalition government but their efforts would fail. “We are putting the mechanisms in place to resolve the differences and our opponents would be disappointed”, the former Punjab CM told the media here on Wednesday. To a question he said, if there are some black sheep within the ranks of coalition partners, they would be exposed sooner or later

full story»  

SBP pumps $6m to keep rupee afloat

Islamabad—The Central Bank better late than never finally awakened and ultimately felt the responsibility of intervening into the Tsunami-hit open market, persistently sinking the rupee value, by pumping $6 million in the market through the exchange companies for halting any further downslide and at least keeping it afloat.

full story»  

PPP optimistic about restoration of judges: Asif

Islamabad—Pakistan Peoples Party Co-Chairman Asif Ali Zardari Wednesday expressed Party’s commitment with regard to restoration of deposed judges, saying “it (restoration) is decided as only modalities are being worked out by the judges restoration committee.”  PPP Co-Chairman made these remarks in an exclusive interview with a private television channel. He said, PPP was optimistic about restoration of the deposed judges by May 12 as it was already decided that judges would be restored and only modalities are being worked out.

full story»  

Benazir’s murder
F.O taking steps to seek UN probe

Staff Reporter

Islamabad—A summary prepared by the ministry of law seeking the United Nations probe into assassination of former prime minister Mohtarma Benazir Bhutto, is under study of the foreign ministry and it would soon be referred to the prime minister for seeking international community’s support, Qureshi said here on Wednesday.

full story»  

Export Finance Scheme provides Rs 273 billion
Textile takes a lion’s share of Rs176 billion

Amanullah Khan

Karachi—The State Bank of Pakistan and commercial banks have provided a sum of Rs 273 billion under the Export Refinance Scheme (EFS) to all eligible export-oriented sectors during the first three quarters of FY08, out of which handsome amount of Rs 176 billion or 65% was availed by the textile sector at 7.5% - lower than ongoing 6-month Karachi Inter-Bank Offered Rate (KIBOR) of around 10.32%.

full story»  

All sacked employees to be reinstated soon: Sherry

Islamabad—Federal Infor-mation Minister Sherry Rehman has assured of reinstatement of all sacked employees as soon as possible. While reacting to a question, during the question hour, she informed that all those employees sacked due to their temporary status, those working on daily wages and employed on contract would be granted permanent status, as promised by PM in accordance with his 100-day action plan.

full story»  

 Headlines
bullet Railways journey becomes more dearer
bullet PM orders for production of 2200mw power this year
bullet Pak, Australia to boost strategic ties
 
 

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