Thursday, 26 April 2012


Grand operation begins in Lyari
KARACHI: A grand operation began in the early hours of Thursday, in Karachi’s Lyari area where a heavy contingent of Police and Frontier Constabulary personnel are taking action against criminal elements, DawnNews reported.
Five people including police personnel were injured in the operation.
CID SSP Chaudhary Aslam Khan was also present during the operation whereas for the first time a squad of the women’s police also took part in the operations.
Law enforcement personnel faced resistance upon their arrival and blockades were placed at all entry and exit points of the area.
A Police armored personnel carrier (APC) came under grenade attack in Nawa Lane area of Lyari. No loss of life was reported in the attack.
Loud explosions and firing were heard in Sango Lane, Cheel Chowk and Aath Chowk areas causing panic and fear to grip the area, leaving the residents of the area confined to their homes.
In the light of the ongoing unrest, April 14′s board examinations of class nine which were  re-scheduled for today were postponed again.
The operations follows earlier events from Wednesday when a policeman was gunned during an exchange of fire with a suspected gangster and  the killing of apolitical activist.


·       Khi: Cops under fire in Lyari once again
·       Japan economy at a standstill in March
·        Bin Laden family deported from Pakistan
·       US hopes Pakistan resolves political row
·       Instead of advising PM to resign, Nawaz should apologize for attacking SC: Malik
·       PPP surprises PML-N in Multan by-poll
·       Pakistan needs another $840m: UN
·       Imran demands Gilanis resignation
·       SC decision against Gilani affects market sentiment


Business News

Fri, 27 Apr 2012

-Half of EU aid helps middle-income nations: British report
LONDON: British lawmakers called for tougher standards on the distribution of Europe s development aid budget after 
-Wall Street extends gains on upbeat housing data
NEW YORK: U.S. stocks rose for a third day on Thursday after upbeat housing data and tronger-than-expected result 
-Google online translation tops 200mn users
SAN FRANCISCO: Google Translate marked its sixth birthday on Thursday with news that more than 200 million people 
-Oil down in Asia on large US stockpile gain
SINGAPORE: Oil fell in Asia Thursday as a larger than expected rise in US crude inventories eroded overnight gains 
-Dollar steady ahead of Bank of Japan meeting
TOKYO: The dollar was steady against other major currencies in Asian trade on Thursday as investors looked to a Bank 
-Asian markets up on Bernanke comments
HONG KONG: Asian markets rose Thursday following a cautiously upbeat assessment of the US economy by the Federal R 
-Wall Street jumps on Apple''s results, Fed reassurance
NEW YORK: Stocks rallied on Wednesday, with Apple s surge giving the Nasdaq its biggest gain of the year, while th 
-Rupee ends firmer at 90.78/83 to dollar
KARACHI: In the currency market, the rupee ended firmer at 90.78/83 to the dollar, compared with Tuesday s close o 
-KSE ends on new 4-yr high at 14,217
KARACHI: The Karachi Stock Exchange (KSE) benchmark 100-share index closed 0.60 percent, or 85.15 points, higher a 
-Britain back in recession after shrinking 0.2% in Q1
LONDON: Britain s economy sank back into recession in the first quarter, when it contracted by 0.2 percent amid on 
-Major Gen (retd) Muhammad Javed appointed new PSM CEO
ISLAMABAD: Government has appointed Major General (retd) Muhammad Javed as Chief Executive Officer (CEO) of Pakistan 
-NEPRA increase electricity tariff by Rs2.38 per unit
ISLAMABAD: Under monthly fuel adjustment NEPRA has increased the electricity tariff by Rs2.38 per unit for February 
-Asian markets gain ahead of key bank meetings
HONG KONG: Asian markets rose on Wednesday as dealers await key policy meetings in the United States and Japan thi 
-Euro inches higher in Asian trade
TOKYO: The euro inched higher in Asian trade Wednesday as traders watched for any signs of monetary easing from th 
-Crude advances in Asia on supply concerns
SINGAPORE: April 25, 2012 (AFP) - Oil prices were higher in Asian trade Wednesday, buoyed by a shutdown of Britain


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