Net National Savings Schemes (NSS) deposits up 56.5pc in 1HFY09
Net investment in National Savings Schemes (NSS) surged by 56.5 per cent or Rs17.7 billion to record Rs49 billion in first half of FY09 against Rs31.3 billion during same period last fiscal year more... (FD)

Opec may make more output cuts
From peak oil to peak demand, the crude world has now traversed the full distance. Amidst a rapidly falling oil consumption, under global focus now is the issue of peak demand more... (D)

Pakistan 'will not allow' nuclear secret leaks again
Pakistan will not allow its scientists to leak the secrets of nuclear weapons to other countries, Foreign Minister Makhdoom Shah Mehmood Qureshi said on Sunday, two days after his country released a nuclear scientist who confessed to leaking nuclear secrets more... (BR)

Drone strikes killed high-value targets, US tells Pakistan
The United States wants to continue drone strikes inside Pakistan’s tribal areas because US military experts believe the strikes have killed a large number of Al Qaeda leaders and local militants and have destroyed their hideouts more... (D)

Defence committee to get Mumbai report today
Prime Minister Syed Yousuf Raza Gilani has said that the report of investigation into the Mumbai terror attacks will be presented to the cabinet’s Defence Coordination Committee at a meeting on Monday more... (D)

KSE may put off accounting standard for a year
The stakeholders in the stock market who attended a meeting on Saturday to deliberate on the accounting treatment of decline in fair value of “available for sale investments” more... (D)

Government sourcing 350,000 tonne urea
About 350,000 tonnes of urea is being imported while same quantity of the commodity was earlier imported to ensure its adequate supply to the farmers for the current Rabi Season. Talking to Radio Pakistan, a spokesman of Ministry of Food and Agriculture said the Trading Corporation of Pakistan (TCP) has recently issued a tender for the purchase of 40,000 tonne more urea more... (FD)

Issuing loans against fake collaterals: NBP takes action against officers
The National Bank of Pakistan (NBP) has taken away lending powers of few bank officers allegedly involved in the case of issuing fake loans at its Gilgit branch and they have been re-designated as recovery officers for the recovery of defaulted amounts more... (BR)