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News for Friday, 3 Aug 2012

Imran challenges Nawaz come face-to-face on TV

Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan, responding to Pakistan Muslim League – Nawaz’s (PML-N) accusations against him, posed 11 questions for party chief Nawaz Sharif and challenged him to answer...

PPP supports South Punjab province: Zardari

President Asif Ali Zardari said on Friday that Pakistan Peoples’ Party (PPP) was sincere to the people of South Punjab and, that is why, it promised separate province to them...

SC declares contempt law unconstitutional

The Supreme Court on Friday in a short order declared the new law of contempt of court 2012 as unconstitutional and illegal and held that new law was an attempt...

ICCI Urges SBP to reduce markup rate in upcoming monetary policy

Islamabad Chamber of Commerce and Industry (ICCI) has urged the State Bank of Pakistan(SBP) to reduce markup rate by 150 to 200 basis points in the monetary policy being announced...

U.S. Releases New Funds for Pakistani Energy Projects

The U.S. Congress has released $280 million in new U.S. assistance to support Pakistan’s energy sector. According to US Embassy Spokesman, funds will support improvements to Mangla Dam and...

NA Body displeased with performance of Petroleum Ministry

National Assembly Standing Committee on Inter-provincial Coordination has expressed displeasure on the performance of Ministry of Petroleum and directed it to re-appoint employees of Oil and Gas Development Corporation Limited...

Loadshedding protests in Gujranwala

The masses staged protest rallies in Lower Dir and Gujranwala Friday against the unannounced power outages. According to Media Reports, hundreds of protesters gathered around the office of Gujranwala Electric Power...

Elahi conveys Q-minsiters reservations to PM

Deputy Prime Minister, Chaudhry Pervaiz Elahi Friday called on the Prime Minister, Raja Pervez Ashraf at the Governor House here on Friday. According to Media Reports, Chaudhry Pervaiz Elahi briefed the...

Islamabad business community puts weight behind armed forces

The business community of Capital city on Friday rejected lethal propaganda and conspiracies against armed forces, FC and ISI terming it intrigues aimed at dismembering Pakistan. We unconditionally support the...

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