Tag Archives: Target

National Industrial Policy sets ambitious target of 8pc

National Industrial Policy sets ambitious target of 8pc

LAHORE – National Industrial Policy (NIP) 2011 envisions Pakistan as a factory for the world rather than a shop. It recommends a complete revamping of the industrial setup and determines a sustained manufacturing growth target of at least eight percent per annum leading to doubling manufacturing output in the next ten years.
The official draft of the “National Industrial Policy 2011 – Implementation Framework” made available to Pakistan Today shows that the policy document has

Real Madrid target Sahin could quit Dortmund

BERLIN – Real Madrid target Nuri Sahin could be set to quit Borussia Dortmund at the end of the season, the German league leaders admitted on Sunday. The 22-year-old Turkey midfielder is under contract until 2013, but Dortmund’s bosses say they may lose him once the season ends on May 14.
“We’re not crazy, we are aware that with the type of football we play, our players attract attention,” said coach Jurgen Klopp after his side’s 3-0 win over Freiburg on Sunday. “But we are in a

Target killing spree claims 8 more lives

KARACHI – The target killing spree which had begun on 13th April entered its fourth intermittent day, targeting 8 including three women and 14 injured.
Majority of those killed are said to be political activists killed or abducted by ‘unknown persons’, while a suicide by a policeman has also been reported, bringing the toll to 38 in four days.
After the ousting of vociferous Provincial Home Minister Zulfiqar Ali Mirza, the ‘coalition partners’ have heaved a sigh of relief,

Iberian clubs target Europa stranglehold

PARIS – An Iberian stranglehold on the Europa League semi-finals is on the cards as three Portuguese and one Spanish side go into Thursday’s last eight second leg ties holding all the aces. Only major upsets will deny FC Porto and Benfica their semi-final places after lopsided wins last week. Porto, 2004 Champions League winners under Jose Mourinho, travel to Spartak Moscow on the back of a 5-1 trouncing of the Russians, with Colombian forward Falcao securing a hat-trick to take his

PML-N leader holds MQM responsible for target killings

FAISAL ABAD – The party which has been involved in the assassination of hundreds of innocent people in Karachi is now making tall claims and hollow promises to protect the people of the Punjab, said Pakistan Muslim League-Nawaz (PML-N) central executive committee member and Public Accounts Committee (PAC) former chairman Hamza Shahbaz on Tuesday. Commenting on the political campaign of Muttahida Qaumi Movement (MQM) in the Punjab, he said: “It is ironical that those who openly use

Rice exports on target, at $1.5b

LAHORE – Despite devastating floods last year, rice exporters have exported rice valued at $1.5 billion during the first nine months of the current fiscal year. If the government provides adequate support and a zero rated tax regime; rice exports can easily touch the $5.0 billion benchmark in a few years.
Rice Exporters Association of Pakistan (REAP) acting Chairman Taufeeq Ahmad Khan made these remarks while addressing a news conference at the REAP office on Monday. Khan said

Journalist’s ‘target killers’ sent on police remand

KARACHI – Five men allegedly involved in the murder of journalist Wali Khan Babar were sent on police remand till the 18th by an anti-terrorism court (ATC), but they will have to be produced before the court at the next hearing.
The accused, including Shahrukh alias Mani, Naveed alias Polka, Shakil Malik, Faisal Mehmood alias Nafsiyati and Syed Muhammad Ali Rizvi, were produced before an ATC on Friday, with the police seeking their physical remand for further interrogation. The

Alleged target killer remanded in judicial custody

KARACHI – Ajmal Pahari, the suspect allegedly involved in 100 murders and targeted killings, was sent into judicial custody on Tuesday.
After interrogating the alleged accused, the police had produced him before the trail courts with his recorded statements.
Judicial Magistrate (Central) Malik Ahsan sent Pahari into judicial custody until April 11 in different cases including police encounter and attempt to murder.
Meanwhile, Judicial Magistrate (West) Muhammad Arif

Inter target improved defence in quarters

MILAN – Inter Milan will be hoping to produce an improved defensive display when they host Schalke 04 in the Champions League quarter-final, first leg at the San Siro on Tuesday. Defensive solidity was one thing missing from their hugely disappointing 3-0 top-of-the-table derby defeat to AC Milan in Serie A on Saturday.
Coach Leonardo believes Andrea Ranocchia, who only joined from Genoa in January as cover for Samuel, has the potential to be a mainstay at both club and

Oil prices jeopardise POL levy target

KARACHI – If international oil prices sustain their current trend, the federal government which is passing on the impact of the price hike of oil in international markets to the local consumers gradually, will miss the petroleum levy (PL) collection target, set at Rs 110 billion, by Rs 63 billion.
Furthermore, though inflationary in nature, the recent petroleum oil price hike, analysts believe, would help the cash strapped federal government protects the fragile fiscal space.

Govt sets borrowing target at Rs 1.19 trillion

KARACHI – The federal government would borrow Rs 1.19 trillion from the banking system to meet its heavy budgetary expenditures during fourth and last quarter of the current fiscal year.
Terming the government’s borrowing-prone tendency as detrimental for the economy, analysts believe that economic managers of the country should recover the “stolen” money, amounting to around Rs 700 billion instead of greater loans or slapping taxpayers with new levies.
The federal

More gestures of nothingness? – Vizier of reconciliation finally sees 11 political target killers

KARACHI – Law enforcement agencies have arrested 11 of the most-wanted target killers, who are responsible for killing over 100 citizens, disclosed Interior Minister Rehman Malik on Monday at a joint press conference with Sindh Chief Minister (CM) Qaim Ali Shah at the CM House. The press conference was held after a meeting to deliberate the law and order situation in Sindh, particularly in Karachi. The top brass of the Sindh Police and Pakistan Rangers- Sindh as well as others

Target killer of more than 100 nabbed

KARACHI – A suspected target killer of “more than 100 people” was nabbed on Monday by the Sindh Police’s Crime Investigation Department (CID) from the New Karachi area. Sources claimed that the apprehended man, Ajmal ‘Pahari’, is an activist of a political party in the coalition government. Pahari was also arrested in 2000 over his alleged involvement in 53 murders, but he was released in 2005. Police officials allege that he has committed 58 murders ever since.
The arrest was

‘MQM, PPP are involved in target killings’

SIALKOT – Jamaat-e-Islami Pakistan Amir Syed Munawar Hassan has said that both Muttahida Qaumi Movement (MQM) and Pakistan People’s Party (PPP) are directly involved in the uncontrolled assassinations of innocent people in Karachi. While talking to the journalists, he said the government had miserably failed in controlling the target killings thus it should tender apology to the nation. He said that federal government, Inter Services Intelligence (ISI) and Punjab government played

– target set at 15m bales

MULTAN – Agriculture Development Commissioner (ADC) Inayatullah Khan has stated that domestic cotton consumption of Pakistan stood at an average of 16 million bales per annum and government is working to meet a target of 15 million bales this year, despite the damage sustained in floods. Khan was speaking at the convening of a meeting of the research sub committee of Pakistan Central Cotton Committee (PCCC) at Central Cotton Research Institute (CCRI).
Agriculture scientists from

TTP threatens to target those who let off Davis

LAHORE – The Tehreek-e-Taliban Pakistan (TTP) has condemned the release of Central Intelligence Agency (CIA) contractor Raymond Davis under a “blood money” deal with relatives of the two men he killed, and threatened to target all those who aided the United States in securing his acquittal in court, Indian newspaper Hindustan Times reported on Sunday.
Taliban spokesman Ehsanullah Ehsan had said the militant group’s central leadership had taken exception to the release of the