LATEST NEWS UPDATE:29.06.2012

Cameron Munter discusses US interest in Pakistan

ISLAMABAD: The United States Ambassador to Pakistan Cameron Munter on Thursday said that stability and peace in Afghanistan is in the interest of Pakistan.
Talking to Pakistan Television, he said that Pakistan had played its role for peace and war on terror.
Further more, he said that Salala check post incident was very unfortunate.
Moreover, he said that there was a need to support Pakistan at economic, industrial and energy level.
He stressed the need for avoiding misunderstanding between the two sides.
The Ambassador said that there is a need to have people-to-people contacts.
He said that a plan is being prepared to help Pakistan in different sectors including energy, health and Bhasha dam.

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Business News:

Exchange Rates for Currency Notes U.S.A                  95.34 S.Arabia             25.42 U.K                   148.67 Japan                    1.2008 Euro                 119.33 U.A.E                  25.96 Bullion rates in Rupees per 10 grams KARACHI Gold Tezabi (24-ct)     Rs 48,514 Silver Tezabi               Rs 810.00 Fri, 29 Jun 2012 -Oil up in Asia but eurozone worries weigh SINGAPORE: Oil prices rose in Asia Friday after overnight losses but analysts warned that waning hopes of decisive  -Asian markets, euro jump on eurozone deals HONG KONG: Asian markets and the euro surged Friday after EU leaders agreed on a $150-billion growth pact to shore  -Google''s Chrome browser to be available on Apple''s iPad, iPhone SAN FRANCISCO: Google Inc s Chrome, the world s top Internet browser, is now available on the iPhone and iPad, as  -Dr Asim welcomes Russian interest in TAPI ISLAMABAD: Dr. Asim Hussain, Advisor to the Prime Minister on Petroleum Natural Resources welcomed the interest  -Proposal for cut in POL prices sent ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has forwarded a summary to the Ministry of Petroleum, proposing  -Pakistan forex reserves fall to $14.96 billion ISLAMABAD: Pakistan s foreign exchange reserves fell to $14.96 billion in the week ending June 22 from $15.05 bill  -PM Raja assures more funds for railways ISLAMABAD: Haji Ghulam Ahmad Bilour, Minister for Railways, called on Prime Minister Raja Pervez Ashraf at Prime Minister -Euro steady in Asia ahead of EU summit TOKYO: The euro traded in a narrow range in Asia on Thursday as investors looked to a European Union summit starti  -CNG closed for 3 days in Faisalabad FAISALABAD: Three-day gas closure to all CNG stations of Faisalabad region has started from Thursday morning under  -Petroleum prices likely to decline by Rs6.5 Accord  -Asian markets mixed before key EU summit HONG KONG: Asian markets were mixed on Thursday with a positive lead from Wall Street offset by low expectations o  -Oil higher on US data SINGAPORE: Oil was higher in Asian trade Thursday, drawing support from largely positive US data and a strike by o  -Google unveils tablet to take on Apple, Amazon SAN FRANCISCO: Google Inc took the wraps off its first tablet computer on Wednesday, looking to replicate its smart -SBP allows banks to exchange 500 old banknote till Oct 01, 2012 Karachi: State Bank of Pakistan (SBP) has allowed all commercial banks/ Microfinance Banks MFBs and field offices  -NEPRA increases power tariff by Rs1.51 per unit ISLAMABAD: NEPRA has increased the power tariff by Rs 1.51 per unit for the month of May under the fuel adjustment

MOHAMMED SALEEM MANSOORI