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News for Tuesday, 2 Nov 2010

Militants seize district in volatile Afghan province

GHAZNI: A large number of insurgents attacked and seized a district in an Afghan province on Sunday night, officials said, the latest in a string of assaults on foreign and...

Lack of energy in investors squeezes KSE-100 index by 63pts

KARACHI: The Karachi Stock Exchange (KSE) closed on a negative note subject to dull activity on Monday. Lack of concrete positive triggers led to profit-taking as the benchmark KSE-100 Index...

Askari at helm of KSE

KARACHI: The government-nominated board directors of Karachi Stocks Exchange (KSE) are inclining towards resignation, after the clash with member directors over the appointment of a chairman and managing director from...

POL well placed in circular debt crisis

KARACHI: The Pakistan Oilfields Limited's (POL) positive balance sheet and a comfortable receivable turnover in 45 days compared to over 170 days for both the Oil and Gas Development Company...

POL prices rise again – Last nail in the coffin, say businessmen

LAHORE: The business community has reacted strongly to the sharp escalation in the prices of petroleum products of Rs 4.27 to Rs 5.97 per litre and has called upon the...

Religious group organises rally against shrine blasts

LAHORE: The Tahafuz-e-Namoos-e-Risalat Mahaz organised a rally on Monday at the Mall Road against terrorist blasts at various religious shrines and staged a sit-in outside the CM's House.
The rally...

Shrine attacks – Protest brings Lahore to a halt

LAHORE: Traffic remained at a halt at Lahore's major roads due to a protest by the Tahafuz e Namoos e Risalat Muhaz on Monday whom traveled across the road.

Violent guards, complicit administrators – PU guards thrash IMPP students outside VC’s office

LAHORE: The Punjab University (PU) turned into a battlefield on Monday, as varsity security guards thrashed students of the Institute of Mycology and Plant Pathology (IMPP) including girls outside the VC...

Maintenance caused cut in KESC gas supply

KARACHI: The Sui Southern Gas Company (SSGC) managing director on Monday apologised to the people of Karachi for cut in gas supply to the Karachi Electric Supply Company (KESC) that...

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