The Nation in print for Tuesday, April 21, 2009
Front Page

SBP cuts interest rate

April 21, 2009
SBP cuts interest rate

KARACHI-The State Bank of Pakistan on Monday cut its monetary policy discount rate by 100 'basis points, to 14 per cent for the April-June quarter of the current fiscal year (2008-09) as anticipated by the monetary and financial experts. The new interest rate would be effective from April 21 ...

Extremism big problemOUR Staff Reporter

Extremism big problemOUR Staff Reporter

April 21, 2009

LAHORE/LONDON - Punjab Chief Minister Shahbaz Sharif left for London on Monday on four-day visit to the United Kingdom. Though ...

Nejad triggers EU walkout

Nejad triggers EU walkout

April 21, 2009

GENEVA (Agencies) - Iranian President Mahmoud Ahmadinejad accused Israel of being the most cruel and racist regime, sparking a ...

International
Obama 'did not change anything': Zawahiri

Obama 'did not change anything': Zawahiri

April 21, 2009

WASHINGTON (Agencies) - The second-ranking leader of the Al-Qaeda network, Ayman al-Zawahiri, said in a new video that US ...

Sri Lanka gives Tigers 24 hours to surrender

Sri Lanka gives Tigers 24 hours to surrender

April 21, 2009

COLOMBO (AFP) - Sri Lanka gave Tamil Tiger fighters and their leader 24 hours to surrender after tens of thousands of trapped ...

Iran orders 'quick and fair' appeal for US reporter

Iran orders 'quick and fair' appeal for US reporter

April 21, 2009

TEHRAN (AFP) - Irans judiciary said Monday it has ordered a quick and fair appeal for US reporter Roxana Saberi who was ...

Nations to meet on piracy: US

April 21, 2009

WASHINGTON (AFP) - Representatives of 24 nations will meet next month in New York to look at legal measures in the fight against ...

B'desh gives ex-PM Zia eviction notice

April 21, 2009

DHAKA (AFP) - Bangladeshs government Monday issued former prime minister Khaleda Zia with an eviction notice ordering her to ...

Suicide bomber kills 3 Iraqi cops

April 21, 2009

BAQUBA, Iraq (AFP) - A suicide bomber disguised as an Iraqi policeman killed on Monday three officers and wounded 15 people, ...

CIA waterboarded Khalid 183 times

April 21, 2009

WASHINGTON - US interrogators used the controversial waterboarding technique 183 times in a month on Khalid Shaikh Mohammed, who ...

Three civilians, 3 cops die in Afghan violence

April 21, 2009

KABUL (AFP) - Three civilians and three policemen were killed Monday and more than a dozen others were wounded in the latest ...

North Korea a nuclear power: UN

April 21, 2009

BEIJING (Agencies) - North Korea must be regarded as a nuclear power, the head of the UNs international nuclear watchdog said on ...

Hawking 'very ill' in hospital

April 21, 2009

LONDON (AFP) - British scientist Stephen Hawking, the author of A Brief History Of Time, is very ill in hospital, Cambridge ...

Pakistan want to hunt Aussies in desert

April 21, 2009

DUBAI (AFP) - Pakistan, forced to play here because of concerns about safety back home, will aim to capitalise on world champions ...

Neutral venue the only option for Pakistan series: Aussie coach

April 21, 2009

DUBAI (AFP) - Australian team coach Tim Nielsen Monday said playing Pakistan at a neutral venue was the only way for the two ...

Pakistan set tight security for Australia series

April 21, 2009

DUBAI (AFP) - Pakistan have arranged unprecedented security arrangements for Australian cricketers during the limited over series ...

Nadal bags fifth consecutive Monte Carlo title

April 21, 2009

MONTE CARLO (AFP) - Rafael Nadal wrapped up a fifth consecutive Monte Carlo Masters title and is overwhelming favourite to make ...

Business
1pc cut not enough for  industry revival, say businessmen

1pc cut not enough for industry revival, say businessmen

April 21, 2009

KARACHI - The businessmen of the country have maintained that one percent cut in the discount rate will not lead to the revival ...

OICCI members spend Rs2.20b on social uplift

OICCI members spend Rs2.20b on social uplift

April 21, 2009

KARACHI - The member companies of the Overseas Investors and Chamber of Commerce and Industry (OICCI) have spent a huge amount of ...

UBL profit before tax down 12 per cent to Rs4.2 billion

UBL profit before tax down 12 per cent to Rs4.2 billion

April 21, 2009

KARACHI - United Bank Limited (UBL) announced consolidated profit before tax (PBT) of Rs.4.2 billion for the first quarter of ...

Alfalah's profit Rs3.831b

April 21, 2009

KARACHI - Bank Alfalah Limited has posted a profit before provision and taxation of Rs 3.831billion. This announcement was made ...

KSE up 108 points on discount rate cut anticipation

April 21, 2009

KARACHI - Smooth weekend allowed the local bourses to maintain escalating tempo as the benchmark KSE-100 Index managed a triple ...

Oil slumps to 1-month low in US

April 21, 2009

LONDON (AFP) - Oil prices dived more than four dollars on Monday to hit a one-month low in New York on the back of a strong ...

Rate of return on financing cut to 14pc

April 21, 2009

KARACHI - The Sate Bank of Pakistan has reduced the minimum rate of return on financing facilities from 15 per cent to 14pc. The ...

Iodine deficiency - the risks and solutions

April 21, 2009

IODINE deficiency is a major public health problem in Pakistan and is a threat to the social and economic development of the ...

Text of SBP chief's speech on Monetary Policy Statement

April 21, 2009

KARACHI (APP) - Following is the text of the speech of Governor SBP Syed Salim Raza delivered at a press conference on MPS held ...

23 units to be offloaded under PPP

April 21, 2009

ISLAMABAD (APP) - The Ministry of Privatisation has chalked out a comprehensive programme for current financial year (2008-09) to ...

Politics
Drones alienating Pakistanis: Oakley

Drones alienating Pakistanis: Oakley

April 21, 2009

WASHINGTON - A former American Ambassador to Pakistan has criticised US for its drone attacks against militants inside Pakistani ...

Osama, Mullah Omar shouldn't be welcomed in Swat: US

Osama, Mullah Omar shouldn't be welcomed in Swat: US

April 21, 2009

WASHINGTON - The United States believes that the violent extremists need to be confronted, not just by Pakistan but the entire ...

Draft charges submitted against accused

Draft charges submitted against accused

April 21, 2009

MUMBAI (Agencies) - Special Public Prosecutor Ujjwal Nikam on Monday submitted before a designated court the 312-draft charges ...

LHC CJ allows de-sealing of Bhutto's trial record

April 21, 2009

LAHORE - Chief Justice Lahore High Court (LHC) Justice Khawaja Muhammad Sharif Monday allowed de-sealing of three decades old ...

Kenyan church tries to convert grandma of Barack Obama

April 21, 2009

NAIROBI (Agencies) - A Protestant church in Kenya is trying to convert US President Barack Obamas step-grandmother to ...

Differences between PIA and PALPA mounting

April 21, 2009

KARACHI-The PIA management has called in nine general managers, who are pilots, to manage the cancellation and delay of domestic ...

Father of NWFP CM's Special Secy kidnapped

April 21, 2009

PESHAWAR - Father of Waqarul Hasan, Special Secretary to NWFP Chief Minster, has been kidnapped by some unknown armed men form ...

Hackers attack blasphemous cartoon website

April 21, 2009

COPENHAGEN (AFP) - Internet hackers have attacked a website run by Denmarks Free Press Society selling prints of a blasphemous ...

Ruckus in Senate over Nizam-e-Adl

April 21, 2009

ISLAMABAD - The government had a tough day in Senate on Monday as Chairman Farooq H. Naek notwithstanding the pressure from both ...

Aid pledges a signal of regard for Tarin: WB

April 21, 2009

TOKYO (Agencies) - The World Bank while praising Pakistan government and Finance Advisor Shaukat Tarin, has said the scale of ...

MQM seeks Speakers ruling on Sufi's remarks

April 21, 2009

ISLAMABAD - Muttahida Quami Movement (MQM) protested in the National Assembly on Monday against the statement of ...

7 FC men abducted

April 21, 2009

Unknown armed men abducted seven personnel of Frontier Constabulary in Swat, reported a private TV channel, quoting its sources ...

President okays Rs140b projects for Karachi

April 21, 2009

KARACHI-President Asif Ali Zardari has approved three mega development projects for Karachi worth more than Rs 140 billion and ...

Holbrooke needs not to worry about Swat: PM

April 21, 2009

Prime Minister Syed Yousuf Raza Gilani said Monday that Pakistan knew well how to safeguard its national interests and the US ...

Pakistan to counter move

April 21, 2009

ISLAMABAD The launch of first Indian spy satellite into the orbit to monitor borders with Pakistan has raised many eyebrows and ...

Pervaiz casts Shujaat into his mould

April 21, 2009

ISLAMABAD PML-Q President Ch Shujaat Hussain after a long spell of having soft corner towards Sharifs has been caught in the ...

PPP ministers pack up in Punjab

April 21, 2009

LAHORE-Though PPP has not yet made any formal announcement to sit on Opposition benches in Punjab Assembly, yet its ministers ...

Decision on Cabinet today

April 21, 2009

ISLAMABAD - A special Parliamentary Party meeting of Pakistan Peoples Party Punjab will be held here at Aiwan-e-Sadr today to ...

Entertainment
Madonna blames paparazzi for horse fall

Madonna blames paparazzi for horse fall

April 21, 2009

MADONNA has blamed the paparazzi for her latest horse fall, which has left her with minor injuries and bruises. The singer was ...

Paltrow auctions off clothes

Paltrow auctions off clothes

April 21, 2009

HOLLYWOOD actress Gwyneth Paltrow is auctioning off her most treasured clothes from her incredible wardrobe in a bid to raise ...

Jackie Chan worries about China

Jackie Chan worries about China

April 21, 2009

ACTION star Jackie Chan has sparked an outrage after claiming that too much political freedom in China isnt good, and that ...

Anne looks out for her prince charming

April 21, 2009

ANNE Hathaway has revealed that she believes true loves exists and her 'prince charming is out somewhere. The 'Devil Wears Prada ...

Clinton vs Slumdog woes

April 21, 2009

IF Bill Clinton had a say about it, the people of India wouldnt need to sell their children to make money. According to ...

Solar superstorm can send us back into dark ages in three years

April 21, 2009

THE catastrophe, when it comes, will be beautiful at first. It is a balmy evening in late September 2012. Ever since the sunset, ...

Islamabad
Garbage heaps irk Pindi residents

Garbage heaps irk Pindi residents

April 21, 2009

RAWALPINDI - The residents of Ahmed Abad Area, near Qasim Aviation Base, are facing serious health hazards owing to the heaps of ...

Lack of people's perspective main hurdle in true account of history

Lack of people's perspective main hurdle in true account of history

April 21, 2009

ISLAMABAD - Executive Director Sustainable Development Policy Institute DR Abid Qayyum Suleri Monday said that re-writing the ...

Police arrest six outlaws

Police arrest six outlaws

April 21, 2009

ISLAMABAD Capital police have arrested 6 accused including 3 women accused involved in robberies, and recovered valuables worth ...

World Earth Day tomorrow

April 21, 2009

ISLAMABAD (APP) - World Earth Day will be observed on April 22 it is the only event celebrated simultaneously around the globe ...

IHC moved against advancing of clocks

April 21, 2009

ISLAMABAD (APP) - A writ petition seeking reversal of the government decision by which clocks were advanced by an hour on April ...

Who will kill these rats scaring the cats?

April 21, 2009

RAWALPINDI - Rat is a delectable food for cat and the latter is considered the worst enemy of the former but now-a-days these ...

Karachi
770 Hepatitis, 22 AIDS patients in Sindh jails

770 Hepatitis, 22 AIDS patients in Sindh jails

April 21, 2009

KARACHI - Medical tests, conducted during present tenure in all the jails of Sindh, proved that at least 770 prisoners are ...

Justice Sabihuddin laid to rest in Karachi

Justice Sabihuddin laid to rest in Karachi

April 21, 2009

KARACHI - Justice Sabihuddin Ahmed of Supreme Court of Pakistan, who had died on Sunday, was laid to rest here on Monday. Chief ...

Battlefield Karachi University; 10 injured

Battlefield Karachi University; 10 injured

April 21, 2009

KARACHI - Karachi University (KU) has become a battlefield on Monday, as the accidental death issue of a NED girl student turned ...

Korangi Police arrest 224 suspects

April 21, 2009

Karachi (PPI) - Korangi Town Police arrested 224 culprits and recovered huge quantity of illegal ammunition and stolen valuables ...

Nasreen for protection of mangroves at City coast

April 21, 2009

Karachi (PPI) - City Naib Nazim Nasreen Jalil has observed that to protect Karachi from sea storms it is imperative to take ...

600 lecturers still await postings, Assembly told

April 21, 2009

KARACHI - Speaker Sindh Assembly Nisar Ahmed Khuhro on Monday advised legislators to take more interest in business of the House ...

Lahore
LUMS students protest death of colleague

LUMS students protest death of colleague

April 21, 2009

LAHORE - Hundreds of students of Lahore University of Management Science (LUMS) staged a strong protest demonstration shortly ...

Outlaws kill guard, loot Rs0.6 million

Outlaws kill guard, loot Rs0.6 million

April 21, 2009

LAHORE - Robbers shot dead a local security guard of a multinational company and injured another over resistance in Ghaziabad ...

Inquiry ordered into allegations

Inquiry ordered into allegations

April 21, 2009

LAHORE - Chief Minister Shahbaz Sharif has ordered an inquiry into the allegations levlled by a citizen against the Islamia ...

'Military action forced Baloch to leave homes'

April 21, 2009

LAHORE - Speakers at seminar here Monday said that the burning issue of Balochistan was purely political and constitutional ...

PPP, PML-N both US horses, says Sh Rashid

April 21, 2009

LAHORE - Terming both the Pakistan Peoples Party and the PML-N as the US horses, Former federal minister and Awami Muslim League ...

Not law but implementation is a question

April 21, 2009

LAHORE- The statement by Sufi Muhammad of TNSM to declare the present superior judiciary un-Islamic and putting a question-mark ...

Akhtar has no fitness issues, says manager

April 21, 2009

LAHORE - Pakistan cricket team manager Yawar Saeed has dismissed reports that controversial pacer Shoaib Akhtar was facing ...

Pakistan ICL players may play for country

April 21, 2009

LAHORE - Many of the Pakistani players who had signed for the 'rebel' Indian Cricket League (ICL) are likely to be considered for ...

Wajid clinches All Pakistan Ranking Badminton

April 21, 2009

LAHORE - National champion Wajid Ali and Ayesha Akram won the singles titles of the first Micro Furniture Sialkot All Pakistan ...

Pakistan's Saadi Abbas notches up bronze

April 21, 2009

LAHORE - Pakistan's Saadi Abbas won bronze medal in 22nd Bosporus International Karate Championship being held at Istanbul, ...

PEL impose 5-0 win over Hyderabad

April 21, 2009

LAHORE - Front-runner Asmat Ullah Khan became joint leading scorer as Pak Elektron Limited (PEL) recorded impressive 5-0 win over ...

Bank Alfalah claims Super Challenge Karting Championship

April 21, 2009

LAHORE - The Bank Alfalah team lifted the Super Challenge Karting Championship trophy here late Sunday night at the Lake City ...

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