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Court verdict should be respected, whether one like it or not. If there are no evidence no one can hold anyone. ya its not good, but what one can do, that the way Judiciary system works. Case can be logged again if GOP received more hard evidence against him. So just can hope the culprit is...

CIC increases its stake in US bankBy Wang Xu (China Daily) Updated: 2009-06-03 09:21 China Investment Corp (CIC), the nation's $200 billion sovereign wealth fund, plans to spend $1.2 billion on buying 44.7 million shares of common stock in Morgan Stanley. Morgan Stanley, the sixth-largest...

Core sector growth doubles to 4.3% 3 Jun 2009, 0027 hrs IST NEW DELHI: As a clear sign of economic recovery, the growth rate of core sectors like cement, finished steel, coal and electricity nearly doubled to 4.3% during April 2009 as against 2.3% in the same period last year, when the...

Forces rescue 71 kidnapped cadets, nine staff members ISHFAQULLAH SHAWL ISLAMABAD (updated on: June 03, 2009, 03:22 PST): The security forces have got freed 71 kidnapped cadets and nine staff members of Razmak Cadet College from Ghariom, North Waziristan Agency. According to a spokesman...

Indian exports dive for seventh month NEW DELHI: India's exports of jewelry, garments and other goods slid 33 per cent in April, shrinking for the seventh straight month, hit by a demand slump in major global markets, official data showed Monday. Exports slumped to 10.74 billion...

Govt approves 10 new SEZs; gives time to Ambani, Rahejas NEW DELHI: The government on Tuesday approved 10 Special Economic Zones and allowed one-year extension to four projects, including Reliance Industries' Mukesh Ambani- promoted Rewas Ports for land acquisition. The Board of...

CDA seeks Rs 28 billion budget allocation to meet expenditure SEHRISH WASIF ISLAMABAD (June 03 2009): Capital Development Authority (CDA) has sought budget allocation of Rs 28 billion for 2009-10 to meet its development and non-development expenditure. Sources disclosed here on Tuesday...

'Punjab budget 2009-10 will be people friendly' MUHAMMAD SALEEM LAHORE (June 03 2009): With focus on poverty alleviation and public welfare, the Punjab budget for the year 2009-10 would be 'people friendly' in which no new tax will be imposed. Sources in the PML-N led Punjab government told...

India agrees to allocate extra funds for Gorshkov refitting Moscow: India and Russia have finalised a new price for the aircraft carrier Admiral Gorshkov after months of protracted negotiations and the refitted warship would be delivered to the navy by 2012, top Russian officials said on...

Agree with you till some extent "Killing is killing no matter where it is", but even scenario needs to be condidered. The is a probe ben ordered and should wait for the result of the same and who ever is the Culprit will be and have to be punished, no matter who he / she is. :tsk:

China may soon revise power goalBy Fu Jing (China Daily) Updated: 2009-06-02 10:21 China will soon announce the revised power supply capacity target for 2020, a senior energy official said yesterday. Teams of experts and officials are busy reworking the target, which may increase to...

Purchases of US bonds likely to continueBy Zhang Ran and Li Xiaokun (China Daily) Updated: 2009-06-02 10:36 China may continue buying US Treasury bonds and other dollar-denominated assets even though US government debt yielded the lowest return in three decades this year and the dollar is...

New energy seen as new growth engineBy Fu Jing (China Daily) Updated: 2009-06-02 09:29 New energy is the focus of a two-tier program that involves the investment of trillions of yuan to add zip to the economy, a senior official said yesterday. Liu Qi, deputy director of the National...

India Inc tunes into FM to play those wishes 2 Jun 2009, 0233 hrs IST NEW DELHI: Captains of Indian industry met finance minister Pranab Mukherjee seeking interest rate cuts, simplifying tax structure, measures to stimulate investment across sectors, besides incentives for exporters...

Indian ADRs gain more than $20 bn in May NEW YORK: Riding the wave of optimism over a stable Indian government and positive global cues, Indian companies trading on American bourses saw their total market value zoom by more than $ 20 billion in the month of May. The market...

Govt to consider 17 new SEZ proposals tomorrow NEW DELHI: The government will tomorrow consider proposals for setting up 17 special economic zones (SEZs), including those of Larsen and Toubro, Emaar MGF and Gulf Oil Corporation. The Board of Approval (BoA), headed by Commerce Secretary...

Pakistan may accede to UN Convention on transit trade MUSHTAQ GHUMMAN ISLAMABAD (June 02 2009): Pakistan is likely to accede to 'Transports International Routiers (TIR) Convention 1975' of the United Nations, aimed at promoting transit trade in the region, official sources told Business...

NEC may approve 3.3 percent growth target ZAFAR BHUTTA ISLAMABAD (June 02 2009): The National Economic Council (NEC) is likely to approve 3.3 percent GDP growth target for the next financial year (2009-10). The growth target of 3.3 percent has been calculated based on 3.8 percent growth...

Rs 2.9 trillion outlay for 2009-10 budget: Rs 1,406 billion tax target set, National Assembly body told ZAHEER ABBASI ISLAMABAD (June 02 2009): The next budget outlay, for financial year 2009-10, will be worth Rs 2.9 trillion, with Rs 1406 billion target to be set for revenue collection...

German companies keen to invest in Pakistan ISLAMABAD (June 02 2009): A German delegation led by Axel Pliefke, CEO, Handel Services Consulting, Germany alongwith Mehr Muhammad Yousaf Chand, Honorary Investment Counsellor (HIC) and Tariq Mahmood visited Ministry of Investment (Board of...