The Nation in print for Sunday, August 16, 2009
Front Page

SBP cuts interest rate by 1pc

August 16, 2009
SBP cuts interest rate by 1pc

KARACHI - The State Bank of Pakistan (SBP) on Saturday cut its key policy rate by 100 basis points to 13 per cent from the earlier level of 14 per cent, which will be effective from Monday (August 17). Governor SBP Syed Salim Raza announced the decision while unveiling the Monetary Policy Statement ...

Army has no link with Musharraf trial: PM

Army has no link with Musharraf trial: PM

August 16, 2009

SHEIKHUPURA - Prime Minister Syed Yousuf Raza Gilani has said the PPP government has no love lost for Pervez Musharraf, while the ...

Minister tears into Opp over sugar crisis

Minister tears into Opp over sugar crisis

August 16, 2009

NAVEED BUTT AND IRFAN BUKHARI ISLAMABAD - Minister of State for Industries and Production Dr Ayat Ullah Durrani has disclosed in ...

International
Federer, Nadal knocked out in Montreal

Federer, Nadal knocked out in Montreal

August 16, 2009

MONTREAL (AFP) - Roger Federer and Rafael Nadal both exited the Montreal Masters on a historic day of ATP tennis Friday when the ...

England drop Trott hint

England drop Trott hint

August 16, 2009

LONDON (AFP) - England's selectors withdrew uncapped batsman Jonathan Trott from the England Lions match with Australia, as they ...

Police cite beer-drinking Phelps over licence after crash

Police cite beer-drinking Phelps over licence after crash

August 16, 2009

BALTIMORE (Maryland) (AFP) - Police cited US swim star Michael Phelps on Friday for driving with an expired licence and said the ...

Amin Gulgees sculptures exhibit opens in New York

August 16, 2009

NEW YORK - An exhibition of eminent Pakistani metal sculptor Amin Gulgees works in copper opened at the Pakistan Consulate ...

India placed on US religion watch list

August 16, 2009

WASHINGTON: The US Commission on International Religious Freedom has placed India on its watch list for the first time, ...

Kashmiris seething with rage over Indian forces' presence: NY Times

August 16, 2009

NEW YORK - The rape and murder of two Shopian women in occupied Kashmir has become the focal point for "bottomless Kashmiri rage" ...

Zardari's coop in war on terror praised

August 16, 2009

NEW YORK-A noted American columnist said on Friday that the reported killing of Baitullah Mehsud and other extremists contributed ...

Mudslinging on Afghan presidential vote trail

August 16, 2009

KABUL (AFP) - They may be backed by warlords and rely on donkeys to get their supporters out to vote, but contenders in ...

Ban slams Kabul bombing

August 16, 2009

UNITED NATIONS - UN Secretary-General Ban Ki-moon Saturday condemned in the strongest possible terms Saturdays suicide bombing ...

US senator meets Suu Kyi and Myanmar junta leader

August 16, 2009

YANGON (Reuters) - US Senator Jim Webb met Myanmar top military leader Than Shwe and Opposition leader Aung San Suu Kyi on ...

25 more Iran vote protesters face trial

August 16, 2009

TEHRAN (AFP) - Iran will put on trial 25 more people arrested after the disputed result of the June presidential election, as ...

I am sorry, says Taiwan leader

August 16, 2009

LIUKUEI, Taiwan, (AFP) - Taiwans President Ma Ying-jeou bowed to public anger Saturday, apologising for his governments slow ...

Bangladesh mourns Mujib amid tight security

August 16, 2009

DHAKA (AFP) - Bangladesh mourned Saturday the assassination of the countrys founding leader over three decades ago amid tight ...

Business
KSE hits 8,000 psychological barrier on IMF, MCB news

KSE hits 8,000 psychological barrier on IMF, MCB news

August 16, 2009

The KSE sustained a decent surge during the last business week mainly due to positive activity in main board banking stocks, ...

PSM increases prices of steel products

PSM increases prices of steel products

August 16, 2009

KARACHI - The Pakistan Steel Mill (PSM) has amplified the existing prices of all its major steel products in the backdrop of high ...

SBP to introduce 'Interest Rate Corridor'

SBP to introduce 'Interest Rate Corridor'

August 16, 2009

KARACHI - To reduce the volatility in short term interest rates and to bring more transparency in the implementation of monetary ...

Baig for more cut in discount rate

August 16, 2009

KARACHI (APP) - Dr. Mirza Ikhtiar Baig Chairman Banking, Credit and Finance of FPCCI and Federal Advisor on Textile Industry has ...

PIAF terms eyewash

August 16, 2009

LAHORE - Pakistan Industrial and Traders Associations Front (PIAF) on Saturday termed the one percent cut in mark-up as eyewash ...

LCCI welcomes

August 16, 2009

LAHORE - The Lahore Chamber of Commerce and Industry, while welcoming the SBP decision to cut discount rates by 100 basis points ...

IBA organises conference on IT

August 16, 2009

KARACHI - The Institute of Business Administration (IBA) Karachi has organised the Third International Conference on Information ...

Commodity prices mixed as economies turn corner

August 16, 2009

LONDON (AFP) - Commodity prices traded mixed this week amid caution over future demand for raw materials despite positive ...

Employees in SOEs to get 12 per cent shares

August 16, 2009

KARACHI - The government has empowered the employees of State Owned Entities (SOEs) through transfer of 12 per cent of the ...

Let us pledge to make Pakistan prosperous country: LCCI chief

August 16, 2009

It is said that a successful businessman is more intelligent, active and committed than 100 CSP officers. The proverb seems to be ...

Politics
Pause in crackdown on hoarders

Pause in crackdown on hoarders

August 16, 2009

LAHORE - Taking a sudden U-turn on Saturday, the Punjab government stopped crackdown on sugar mills and hoarders of sugar stocks ...

Troops among 5 dead in Swat suicide blast

Troops among 5 dead in Swat suicide blast

August 16, 2009

MINGORA, Swat - At least five persons were killed and several others injured as a result of suicide attack on a checkpost of the ...

Govt-MQM talks on LBs inconclusive

Govt-MQM talks on LBs inconclusive

August 16, 2009

KARACHI - Federal Minister for Information Qamar Zaman Kaira on Saturday said that a delegation of MQM met with President Asif ...

Gaza leader among 24 killed

August 16, 2009

GAZA CITY (AFP) - A radical sheikh was among 24 people killed and 130 wounded after Hamas police stormed a Gaza mosque when he ...

Suicide attack at Kabul Nato HQs

August 16, 2009

KABUL (AFP) - A suicide car bomb exploded outside the Nato military headquarters in Kabul Saturday, killing seven Afghans in a ...

Violence mars India's Independence Day

August 16, 2009

SRINAGAR (AFP) - Indian troops killed four freedom fighters in Kashmir as a strike call given by the Kashmiri leaders paralysed ...

SC larger bench to interpret NRO cases, says Justice Fayyaz

August 16, 2009

ISLAMABAD - The 11th roll signing ceremony was held on Saturday in which 28 lawyers were enrolled as advocates of the Supreme ...

Key TNSM leader surrenders

August 16, 2009

BUNER (APP) - The district treasurer and member of the central shura of banned outfit Tehrik Nifaz Shariat e Muhammadi (TNSM) ...

French minister for ban on burqa

August 16, 2009

LONDON (AFP) - A ban on wearing the all covering burqa in France would stem the spread of what French Minister Fadela Amara ...

38 Taliban die in Afghanistan clashes

August 16, 2009

KANDAHAR (AFP) - Afghan army special forces backed by US-led international troops killed up to 38 Taliban militants in separate ...

Three oil tankers destroyed

August 16, 2009

QUETTA-Three oil tankers supplying oil to NATO forces in Afghanistan were completely destroyed in an attack in Yaro area of ...

Pak-Afghan clash leaves soldier dead

August 16, 2009

ANGOOR ADDA (Online) - A security personnel lost his life while 11 others were wounded during a clash between Pakistani military ...

Entertainment
Leona chased by spiders in Los Angeles

Leona chased by spiders in Los Angeles

August 16, 2009

LEONA Lewis was left petrified after tarantulas invaded a photo shoot. The British singer was posing for images for her second ...

Kate Winslet goes from Oscar win to TV series

Kate Winslet goes from Oscar win to TV series

August 16, 2009

LOS ANGELES (AFP) - British screen star Kate Winslet, who won the 2009 best actress Oscar, will take the lead role in a ...

Stewart - emotional wreck

Stewart - emotional wreck

August 16, 2009

KRISTEN Stewart was an emotional wreck while filming Twilight sequel New Moon - she collapsed in tears before she had to shoot ...

Scarlett Johansson's marriage on the rocks?

August 16, 2009

SCARLETT Johanssons marriage to her hunky husband Ryan Reynolds is reportedly on the rocks. The pair - who married in a secret ...

Shah Rukh Khan detained in US; fans outraged

August 16, 2009

MUMBAI (Reuters) - Bollywood star Shah Rukh Khan said he felt angry and humiliated after he was detained and questioned at a U.S. ...

Bad news for coffee drinkers who get headaches

August 16, 2009

PEOPLE who consume high amounts of caffeine each day are more likely to suffer occasional headaches than those with low caffeine ...

Islamabad
Blind Pakistani team protest UK visa refusal

Blind Pakistani team protest UK visa refusal

August 16, 2009

ISLAMABAD (AFP) - The head of Pakistan's blind cricketers on Saturday demanded that the World Cup be shifted from England after ...

CPO forms Inter-faith Peace Committee

CPO forms Inter-faith Peace Committee

August 16, 2009

RAWALPINDI - City Police Officer (CPO) Rao Muhammad Iqbal has constituted 'Interfaith Peace Committee to keep the law and order ...

Ch Yaseen vows to continue work for employees' welfare

Ch Yaseen vows to continue work for employees' welfare

August 16, 2009

ISLAMABAD - Indiscriminate service to the residents of the federal capital and welfare of the CDA workers would remain at the top ...

ICTA ensures sugar sale at control rates

August 16, 2009

ISLAMABAD - Islamabad Capital Territory Administration has dispatched 3,300 bags of sugar to the markets here on Saturday that ...

Capital to be made noise-free

August 16, 2009

ISLAMABAD - Senior Superintendent of Police Sultan Azam Temuri Saturday said that noise pollution is injurious to human health ...

A ministry for or against women?

August 16, 2009

ISLAMABAD- The Ministry of Women Development (MoWD), which is responsible for making policies and programmes for the welfare of ...

Pindi board announces HSSC results

August 16, 2009

RAWALPINDI - The Board of Intermediate and Secondary Education (BISE), Rawalpindi, has announced the results of Higher Secondary ...

Karachi
Army win KESC National Boxing

Army win KESC National Boxing

August 16, 2009

KARACHI - Army as expected won the KESC-sponsored 33rd National Boxing Championships clinching seven gold, one silver and one ...

National Junior Squash from 17th

National Junior Squash from 17th

August 16, 2009

KARACHI - The 3rd DG Rangers Sindh National Junior Squash Championships that start here August 17 at Sindh Rangers Jahangir Khan ...

Pakistan Veteran cricketers record first win

Pakistan Veteran cricketers record first win

August 16, 2009

KARACHI - Pakistan Veteran cricketers currently on a private tour of England recorded first victory of the visit after two defeat ...

Diminutive Panju in Ranking Tennis semis

August 16, 2009

KARACHI - Ghulam Abbas Panju has grabbed a semifinal spot in the ongoing Askari Seed Tanking Tennis Championship on Saturday here ...

Depts concerned over CM's policy

August 16, 2009

KARACHI - The various provincial departments of Sindh government have expressed concerns over the decision of Sindh Chief ...

Police helpline 115 fails to control traffic jams

August 16, 2009

KARACHI - The traffic police helpline 115 has once again failed to tackle traffic problems of the City especially on special ...

House ownership rights for victims heirs lauded

August 16, 2009

KARACHI (PPI) - Advisor to Chief Minister Sindh, Ms Sharmila Faruqui while hailing handing over ownership rights of 155 ...

Freedom of Information Ordinance 2002

August 16, 2009

The Freedom of Information Ordinance enables citizens to ask for information as their right, just as every citizen has the right ...

TTP militant held; huge arms cache seized

August 16, 2009

KARACHI - Crime Investigation Department (CID) of the Sindh Police Department on Saturday claimed to have arrested a militant, ...

KESC pins hopes on new projects

August 16, 2009

KARACHI - The Karachi Electric Supply Company (KESC) is receiving positive results out of the under progress implementation of ...

Lahore
Zubair steers PIA to barest-margin win over PMC

Zubair steers PIA to barest-margin win over PMC

August 16, 2009

LAHORE - Faisalabad-born central defender Zubair Moazzam struck all-important goal as PIA imposed 1-0 win over PMC Athletico ...

GCU, KC students clinch top positions

GCU, KC students clinch top positions

August 16, 2009

LAHORE - Board of Intermediate and Secondary Education (BISE) Lahore has announced the result of Intermediate Annual Examination ...

City receives downpour

City receives downpour

August 16, 2009

LAHORE - The City received torrential rain on Saturday, disturbing normal routine life as the rainwater inundated a number of ...

Court confirms Shumaila's bail

August 16, 2009

LAHORE - The Court of Additional Sessions Judge, Lahore, Sajjad Ahmad Sheikh Saturday confirmed the earlier granted interim bail ...

Channels promoting Indian culture should be banned: Nizami

August 16, 2009

LAHORE - Chairman Nazria Pakistan Trust and Editor-in-Chief The Nation Majid Nizami has said that the government should ban TV ...

Crackdown on hoarders not millowners: Shahbaz

August 16, 2009

LAHORE - Punjab Chief Minister Muhammad Shahbaz Sharif has said that crackdown on the persons involved in hoarding of sugar would ...

Sarwat's Raat Ki Dhoop launched

August 16, 2009

LAHORE - Eminent writers during the book launching ceremony said that the writer Sarwat Muhayyudin has presented the true picture ...

'Culture manifestation of religion'

August 16, 2009

LAHORE - Speakers at a Seminar on 'The Religion and Culture seemed in agreement that according to Islamic understanding the ...

PCB, ICC chiefs to meet in Dubai on World Cup issue

August 16, 2009

LAHORE - Pakistan Cricket Board chief Ijaz Butt will meet International Cricket Council president David Morgan for another round ...

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