Mohsin Hassan

  • TKARACHI A person was killed and six others sustained injuries when a low-intensity explosive device went off in the Soldier Bazaar residential area of Hindu Para Friday night. According to the eye-witnesses, the explosion occurred in a pile of rock stones during the rush hours at 9:45pm that ...

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  • TKARACHI - The dilapidated, depreciated and outdated system of Pakistan Railways is not only affecting the passengers but also to the two thousand locomotive drivers who are working under the hazardous conditions on a daily basis. According to the president of All Pakistan Loco Running Staff Train ...

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  • TKARACHI - The sit-in, staged by the contractual employees of the National Programme for Improvement of Water Courses (NPIW) continued for the fourth consecutive day here on Monday while nationalist parties of Sindh given a one day ultimatum to the Sindh government to regularize the employees ...

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  • TKARACHI - Chief of the Shiite Ulema Council Pakistan Sindh, Allama Sajid Naqvi, declaring the Chehlum blasts as a sequence of the Ashura tragedy has announced to protest in Sindh on Sunday. He was addressing a Press conference at Karachi Press Club along with other Shiite clerics on Saturday. ...

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  • TKARACHI - Once again the City of lights fell into darkness after the ghost of terrorists haunted it. Karachi the financial hub and the hope for the poor, especially the labourers was seen mysterious after the two explosions. All the activities of the common man were suddenly stopped. Commuters ...

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  • TKARACHI - Police on Thursday baton-charged and fired tear gas to disperse a big rally of protestors who were trying to proceed to Sindh Assembly building here on Thursday morning. Around 200 protestors who were demanding their regularisation in National Programme for Improvement of Watercourses, ...

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  • TKARACHI - A large number of settlers on Sunday staged a protest demonstration against targeting them by the law enforcement agencies. The rally was took out by the Pakistan Bangali Action Committee which started from Quaid-e-Azam mausoleum and culminated at Karachi Press Club in which a large ...

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  • TKARACHI - Pakistan is confronting political anarchy, which may lead to further chaos and disorder. All the political parties should express solidarity and maturity of vision for the prosperity and progress of the country. If the rulers do not take responsible decision, an untoward tragedy may ...

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  • TKARACHI - A large number of the Sunni Tehreek Pakistan Bangali Wing staged a protest demonstration outside Karachi Press against targeting the Banglis in the country on Friday. The protestors while holding the banners and placards inscribed with the slogans in favour of Pak Army condemned the ...

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  • TKARACHI - The sale of Compressed Natural Gas has declined by 12 to 14 per cent during the last three weeks while the petrol sale surged by 26 per cent during 2009-10. According to the chairman of the CNG Station Owners Association Malik Khuda Bakhsh, due to the four days gas loadshedding the sale ...

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  • TKARACHI - Adverse law and order situation of the country continues to weigh heavily on the FY11 exploration programme of the E&P sector. According to the experts, the sector has been able to drill only 20 exploratory wells during 11MFY10 far below the full year target of 48 and no exploratory well ...

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  • TKARACHI - Oil products import has increased by 26 per cent in 11MFY10, as total imports stood at 11.2 million tons. The experts said in a report that due to circular debt crisis, the local refineries are producing less than their capacity and resultantly during 11MFY10, total oil products imports ...

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  • TKARACHI - Gold reached record high in the history of the country after two times increase in a single day on Friday by Rs600 to Rs3,9700 per tola due to the decrease in the value of the US dollar in the international market. According to the chairman of the All Sindh Sarafa Jewelers Association ...

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  • TKARACHI - The drilling activities of oil and gas exploration companies down by 26 per cent due to the growing circular debt issue. According to an analyst, the growing circular debt is finally taking its toll on drilling activities of oil & gas exploration companies. This is again negative for the ...

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  • TKARACHI - The receivables of Pakistan State Oil reached to Rs 135 billion on Tuesday from Rs 122.46 in the last month of May due to the non-payment to the local refineries and the inter-circular debt as the management has compelled to give save our souls call to the government for providing Rs 70 ...

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  • TKARACHI - The price of gold in the local market increased by Rs960 on Tuesday and reached record high at Rs39,550 per tola after its price in the international market rose to an all-time high point above 1,250 dollars an ounce due to massive reduction in Euro value in the international ...

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  • TKARACHI - The trader fraternity of Karachi overall has termed the budget 2010-11 as people friendly while yet they are unsatisfied about the value added tax issue. According to the famous business tycoon Siraj Qasim Taili, the budget was presented very carefully in a very good style by Dr Abdul ...

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  • TKARACHI - As the international oil prices have declined by around $15 per barrel during last few weeks, the government is yet to set next oil price revision after 6 days. According to different analysts including Nadeem Ahmed, Farhan Mahmood and Hafeez-ur-Rehman, if government maintains the current ...

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  • TKARACHI - The Pakistan cement export potential to Afghanistan, Iraq, Middle East and African markets is expected to expand further in the near term with a view to provide a room for cement producers to diversify revenue lines. Topline Securities on Thursday while quoting the findings and ...

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  • TKARACHI - Chairman CNG Owners Association Pakistan Khuda Bakhsh has said that the CNG stations in Sindh and Balochistan will remain closed on Friday as there is no problem of the gas pressure in the provinces like Punjab and Khyber Pukhtunkhwa. He was talking with The Nation on Thursday regarding ...

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  • TKARACHI - The federal government is expected to provide Rs70-75 billion to the Pakistan State Oil before the end of current fiscal year with a view to resolve circular debt issue on war-footing basis. In addition to that, the government is contemplating to issue TFCs and Sukuk bonds. Talking to ...

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  • TKARACHI - The labour parties of the country have shown mixed reaction over the new Labour Policy notified by the Prime Minister Yosuf Raza Gilani on Saturday. According to spokesperson of Labour Party Pakistan Farooq Tariq, the new policy have some good points about the women workers rights in ...

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  • TKARACHI - The owners of the CNG stations of Sindh will have to suffer loss of around Rs 0.2 million each due to the planned one-day loadshedding for the energy conservation. According to a manager of the local CNG station Saeed Ahmed Khan the one days sale of his pump will decline up to 3pc on ...

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  • TKARACHI - The Kot Addu Power Company, the biggest independent power producer of the country, has shelved its 280 megawatts power expansion project of $350 million due to circular debt. KAPCO said in a communique despatched to Karachi Stock Exchange here Thursday that ithas stopped progress on its ...

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  • TKARACHI - Lucky Cement would generate income from selling electricity to KESC besides cement business. In this regard, the company has signed a Memorandum of Understanding with KESC to supply 49.5 Mega Watt of electricity out of 175 MW of installed capacity under gas based tariff. According to ...

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  • TKARACHI - The proposed two-day holiday by the govt to overcome the energy crisis will hit the export of the country. According to an analyst, the propositions of two days off is going to hit the one day export that will cause the loss of billions to the economy of the country. Government should ...

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  • TKARACHI - Pakistan State Oil (PSO) on Friday has increased High Sulphur Furnace Oil (HSFO) price by Rs 1,255 per ton (2.6 percent) to Rs 49,633 per ton. The prices have been increased due to the high demand of the HSFO in the international market that caused change in form of raise on import price. ...

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  • TKARACHI - After a period of sluggish leather requirements in local and international markets, the leather industry is now moving towards betterment. According to a tanner, manufacturer and exporter Sheikh Muhammad Iqbal, the industry has been facing crisis since 9/11 incident that disrupted ...

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  • TKARACHI - Total oil consumption during the first 9 months (July-March) of FY10 stood at 14.8 million tons, up 11 per cent from the corresponding period of last year. Oil sales during March 2010 stood at 1.8m tons, up 34 per cent MoM and 4 per cent YoY on the back of robust HSD and petrol sales, ...

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  • TKARACHI - The first half of the Financial Year 2010 was a turnaround for Pakistan State Oil (PSO) as the company jolted its way from the troughs of FY09 to sublime levels of profitability by announcing a robust Profit After Tax (PAT) of Rs3.18b, with Earning Per Share of Rs29.64, against a loss of ...

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