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Saturday, 31 January 2015

 

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Petroleum ministry contradicts Imran Khanís statement
ISLAMABAD, Jan 30 (APP): The spokeperson of Ministry of Petroleum and Natural Resources taking exception to the statement of Imran Khan has said that the statement made by him about petroleum prices in Pakistan is devoid of facts.
 
Junaid, Saeed excel in UBLís win in Presidentís Silver Cup
KARACHI, Jan 30 (APP): Junaid Ilyas grabbed four wickets and Saeed Bin Nasir hit an unbeaten half century as United Bank Ltd (UBL) defeated Quetta Bears by seven wickets in President’s Silver Cup One-Day Cricket Tournament at UBL Sports Complex Ground on Saturday.
 
National Snooker explodes in action from Saturday
KARACHI, Jan 30 (APP):The 40th edition of Jubilee Insurance National Snooker Championship goes into action at the Shopping Arcade of Movenpick Hotel here from Saturday with 45 cueists in the fray for the crown.
 
Zia, Raza bowl NBP in Presidentís Gold Cup final
KARACHI, Jan 30 (APP): Zia-ul-Haq and Raza Hasan shared seven wickets between them to bowl National Bank of Pakistan (NBP) in the final of President’s Gold Cup One-Day Cricket Tournament when they defeated Khan Research Labortories (KRL) by 48 runs in the second semi-final on Friday.
 
PIA to lock horns with NBP in COAS Challenge Hockey Cup final
RAWALPINDI, Jan 30 (APP):Â Pakistan International Airlines (PIA) will  lock horns with National Bank of Pakistan (NBP) in the final of First Chief of the Army Staff Challenge Hockey Cup on Sunday.
 
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Latest News
US condemns Shikarpur blast - EU condemns terrorist attack in Shikarpur - Federal government provides C-130 to shift Shikarpur blast victims - Zarb-e-Azb dealing with militancy, extremism holistically: Mamnoon - Chinese Premier emphasizes all-round cooperation with Pakistan - Speaker Punjab Assembly to perform as Governor
China moves a further step toward the yuan becoming a truly global currency PDF Print E-mail
BEIJING, May 31 (APP): The Bank of China (BOC), China’s third-largest lender, announced Thursday that it has been approved as one of the country’s first market makers in yuan-yen direct trading, which is set to start Friday.The BOC said in a statement that it will comply with its duties, quote both the buy and sell prices of the yuan against the Japanese currency on the interbank foreign exchange market and provide liquidity for the market.The BOC’s announcement came after HSBC Bank (China) Co., Ltd. said Wednesday that it was approved as a market maker in yuan-yen direct trading on China’s interbank market, reports Xinhua news. Mizuho Corporate Bank (China) Ltd., a subsidiary of the Japan-based Mizuho Corporate Bank, has also been granted the status, the Shanghai -based China Business News reported Thursday.
 
17 projects underway to generate 20,000 MW electricity PDF Print E-mail
ISLAMABAD, May 31 (APP):  Water and Power Development Authority (WAPDA)is implementing on priority a least-cost energy generation plan to help reduce electricity shortfall and increase the ratio of low-cost hydel electricity in the national grid. Under the plan, 17 large projects are under construction or at detailed engineering stage, which  would generate more than 20,000 megawatts (MW) of electricity and store about 12 million acre feet (MAF) of water. WAPDA Chairman Shakil Durrani expressed these views while presiding over a progress review meeting at WAPDA House, said a press release here Thursday.While emphasizing the importance of hydropower to meet the electricity needs in the country, the Chairman urged the project managers to complete these projects within stipulated time.It is pertinent to mention that the hydropower is the cheapest electricity generated through indigenous resource of water.
 
PTV, PBC, Religious Affairs Ministry sign MOU for Hajj awareness campaign PDF Print E-mail
ISLAMABAD, May 31 (APP): Pakistan Television, Radio Pakistan and the Ministry of Religious Affairs Thursday signed a Memorandum of Understand for Hajj Awareness Campaign 2012. The agreement was signed by Joint Secretary Ministry of Religious Affairs Shahzad Ahmad, Managing Director PTV Yousuf Baig Mirza and Director General Radio Pakistan Murtaza Solangi here.  Minister for Information and Broadcasting Qamar Zaman Kaira and Minister fro Religious Affairs Syed Khurshid Shah were also present during the MOU signing ceremony.Under the MOU,PTV and Radio Pakistan will broadcast a series of programmes with the collaboration of the Ministry of Religious Affairs to create awareness amongst the intending pilgrims about the Hajj rituals. The PTV will telecast these programmes on PTV News and PTV Home while the Radio Pakistan broadcast them on Medium Wave and FM channels.
 
Gilani assures support of bureaucracy to PAC PDF Print E-mail
ISLAMABAD, May 31 (APP): Prime Minister Syed Yusuf Raza Gilani Thursday assured Chairman Public Accounts Committee (PAC) Nadeem Afzal Chan that bureaucracy will extend full cooperation to the Committee as it was a symbol of supremacy of the Parliament. The Prime Minister in the meeting here at the PM House said his government believed in an across the board accountability and the federal government would fully comply with the directions of PAC. The Chairman thanked the Prime Minister and said the public money will be subject to scrutiny by the parliament through the PAC.
 
Gilani for building momentum to carry Pak-India ties forward PDF Print E-mail
ISLAMABAD, May 31 (APP): Prime Minister Syed Yusuf Raza Gilani Thursday said his government attaches importance to its ties with India and expressed a strong desire to build momentum to carry the bilateral relations forward in a constructive manner.He was talking to Salman Bashir, Pakistan’s High Commissioner-designate to India who called on him here at the PM House prior to his departure to India to assume his new diplomatic assignment.Gilani emphasized on importance the present government attaches to Pakistan-India relations.The Prime Minister expressed appreciation for Indian Prime Minister Dr. Manmohan Singh with whom he held several constructive meetings.
 
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