Lahore: The Government of Punjab has clarified that it has yet to recover British boy Sahil Saeed Naqash, who was kidnapped by armed gunmen from Jehlum for heavy ransom.

Law Minister Rana Sanaullah has made this claim as a result of some misunderstanding, according to a statement issued by the Punjab government from Lahore on Thursday.
The statement said that the police have recovered another child Hamza Umad from Sialkot. He was abducted from Rawalpindi.
It further said that Sahil’s recovery is expected anytime soon and his family will soon hear …

Islamabad: The cabinet on Wednesday approved the restructuring of major eight Public Sector Enterprises (PSEs), which gobbled up more than Rs250 billion annually, with a view to bringing about financial discipline, revival and good governance.

The cabinet, which met with Prime Minister Syed Yousuf Raza Gilani in the chair, identified Pakistan International Airlines (PIA), Pakistan Steel Mills (PSM), Pakistan Electric Power Company (PEPCO), Pakistan Railways (PR), National Highway Authority (NHA), Pakistan Agricultural Storage and Services Cooperation (PASSCO), Trading Corporation of Pakistan (TCP) and Utility Stores Corporation (USC) to carry out restructuring …

Islamabad: Supreme Court Senior Judge Justice Javed Iqbal termed corruption in the Pakistan Steel Mills (PSM) a big dacoity in the national history, adding the culprits be taken to task.

The Supreme Court (SC) on Monday exempted Interior Minister Rehman Malik from appearing before the court in person in a contempt of court case and adjourned the hearing for a date in office.
Rehman Malik is facing a contempt of court charge for changing the FIA investigation team, which was probing a Rs 22 billion reported loss to the PSM. A three-member …

Islamabad: Prime Minister Syed Yusuf Raza Gilani on Tuesday said with the government’s commitment, important economic targets within a period of two years had been achieved and the economy was back on the path of stability and progress.

In his opening remarks while chairing the meeting of Economic Coordination Committee of the Cabinet (ECC) at Prime Minister Secretariat, Gilani said the foreign exchange reserves were at a respectable level, while workers remittances had shown impressive growth and revenue collection with prominent improvement.
The Prime Minister also observed that the …

ISLAMABAD: President Asif Ali Zardari has accepted the resignation tendered by Shaukat Fayaz Ahmed Tarin, Minister for Finance, Revenue, Statistics Planning and Development from the office of Federal Minister.

According to a notification of the Cabinet Division, the President has accepted the resignation of Shaukat Tarin from the office of the Federal Minister, under clause (3) of Article 92 of the Constitution of the Islamic Republic of Pakistan w.e.f February 28, 2010.
- Staff Reporter

Islamabad: Chief of Army Staff General Ashfaq Kayani on Tuesday granted a one-year extension in service to Inter-Services Intelligence (ISI) Director General Lt Gen Ahmed Shuja Pasha – making him the fourth such beneficiary in recent months, according to official sources.
According to Military Sources that General Kayani has given extension to ISI chief after taking the political leadership into confidence on the matter.
The service period of Inter Services Intelligence chief Lieutenant General Ahmed Shuja Pasha will have to end on March 18, 2010 but now after getting one year …