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News for Wednesday, 30 Nov 2011

NA committee to investigate 50 CNG licenses

Not satisfied with transparency claims of Oil and Gas Regulatory Authority (OGRA), a sub committee of National Assembly Standing Committee on Petroleum is investigating into licenses of 466 CNG stations....

Hubco owes Rs81 billion to PSO

Hubco, the largest independent power producer in the country, owes a huge amount of Rs81 billion to Pakistan State Oil on account of supply of fuel. In fact, WAPDA and...

KSE gains 26 points amid renewed Pak-US tensions

The Karachi stocks market maintained a bullish trend on Wednesday and gained 26 points amid lower volumes. With the investors being mindful of the renewed Pak-US diplomatic tensions and new...

Basic measures yet to be taken by India and Pakistan

Although many rounds of talks have been completed by Pakistan and India to improve the neglected bilateral trade ties, many of the basic and short term measures are yet to...

Containers to be searched at Karachi Port

Pakistani fruit and vegetable exporters have started facing huge financial losses due to 100 per cent search of refrigerated containers at ports started by Drug Enforcement Cell and Federal Board...

Kitchen gardening plan finishes in a mess

Provincial Agriculture department has been proudly claiming that it has successfully achieved the sale target of 170,000 seed bags for kitchen gardening across Punjab. However, no official in provincial agriculture...

Courts should issue notices over gas load management concerns: Dr Asim

Minister for Petroleum, Dr Asim Hussain, has said if the courts have any concerns over the gas load management plan, they should issue proper notice to the government before granting...

Govt borrowing binge crowding out private sector

Central bank, which announced to keep the interest rate unchanged at 12 per cent for next two months, finds itself in a “dilemma” as the cash-strapped government appears to be...

Robert Pattinson is marriage material, says Kristen

After keeping their relationship under wraps, Robert Pattinson and Kristen Stewart have admitted they are indeed seeing each other. The two are even planning to move in together in their...

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