Archive for: February, 2012

Joint sitting of parliament likely to be held in 3rd week of February

A joint sitting of Parliament is likely to be held in 3rd week of February to discuss the new terms of engagement with the United States and NATO in the light of recommendations prepared by the Parliamentary Committee on National Security (PCNS). According to the media reports, the three-day joint session of the both houses […]

The search for MD of OGDCL: Ministry of Petroleum short-lists 14 candidates

The search for MD of OGDCL: Ministry of Petroleum short-lists 14 candidates Thursday, February 2, 2012:  Dr Asim Hussain, Minister Petroleum and Natural Resources, will hold an interview for post of Managing Director (MD) in OGDCL (Oil and Gas Development Company Limited). According to commendable sources the ministry has already short-listed 14 candidates for the […]

Greece requires an extra 20 million dollars to recover: E.U

Debt-ridden Greece is close to a deal with private investors to reduce its debt burden by about 100 billion euros ($131.49 billion), and that — plus an agreement to enact deep spending cuts — could pave the way for a 130-billion-euro ($170.94 billion) bailout from its European partners and the International Monetary Fund. But on […]

Investors at KSE witness careful buying, Stocks end flat

Investors at KSE witness careful buying, Stocks end flat Karachi: (Thursday, February 02, 2012) After witnessing a week of frantic buying, Karachi stock exchange observed a flat day today. Although the day kicked off with significant buying, but after the news about contempt hearing of the prime minister, investors decided to contain themselves from pouring […]

Pakistan’s forex reserves witness marginal improvement

Pakistan’s forex reserves witness marginal improvement Karachi: (Thursday, February 02, 2012) In the week ending on January 27, Pakistan’s foreign exchange reserves witnessed a marginal improvement as from $ 16.80 billion in the previous week; they have reached to $ 16.87 billion, reported State Bank of Pakistan today. Lately, the highest level forex reserves maintained […]

Govt. does not determine POL prices, OGRA does

Govt. does not determine POL prices, OGRA does Islamabad: (Thursday, February 02, 2012) Minister for Petroleum, Dr. Asim Hussain, in reply to MQM leader Abdul Qadir Khanzada’s proposal in National Assembly to create a formula for determining the POL prices, has said that they will welcome any such formula. Stressing on his point, Muttahida Qaumi […]

US Assistant Secretary of State Johnnie Carson all set to Lead Energy Trade Mission to Africa

US Assistant Secretary of State Johnnie Carson all set to Lead Energy Trade Mission to Africa Washington DC: (Thursday, February 02, 2012) USA’s Assistant Secretary of State for African Affairs Johnnie Carson will lead an Energy Trade Mission to Mozambique, Tanzania, Kenya, Nigeria, and Ghana February 6-17. The delegation of U.S. government and private-sector executives […]

Nisar blames govt. of collecting ‘Jagga Tax’ in the name of petroleum levy

Nisar blames govt. of collecting ‘Jagga Tax’ in the name of petroleum levy Islamabad: (Thursday, February 02, 2012) Opposition Leader in the National Assembly, Chaudhry Nisar Ali Khan, while criticizing the government today on the recent hike in the petroleum prices, said that the government was collecting ‘Jagga Tax’ in the name of petroleum levy. […]

NA passes resolution to withdraw POL price hike

NA passes resolution to withdraw POL price hike Islamabad: (Thursday, February 02, 2012) National Assembly (NA) today, while reacting to the recent price hike has unanimously passed a resolution to withdraw the increase in petroleum products prices. Moved by PML-N central leader Ahsan Iqbal, the resolution maintained that it will unleash inflationary burden on the […]

Japanese Delegation Visits Washington to discuss way forward on Iran

Japanese Delegation Visits Washington to discuss way forward on Iran Washington DC: (Thursday, February 02, 2012) A Japanese delegation has arrinnved US to meet dignitaries at the US state office and to discuss the way forward on putting sanctions on Iran. According to the news, representatives from the U.S. Government, including State Department Special Advisor […]

Andrew Strauss says players have to play well to retain place in team

Andrew Strauss says players have to play well to retain place in team Andrew Strauss, England’s skipper, has warned that no player is guaranteed a place in the team unless he performs consistently. He shared these views after a practice session in Dubai ahead of the final Test of the three match series against Pakistan. […]

Enslaved by one’s fate

Enslaved by one’s fate Why does one keep waiting for something to happen even when he is cent percent sure that fate has something else planned for him? It is so hard to let go of something that had begun to serve as the very reason of your existence. One simply cannot understand why the […]

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