PML-N rejects written pardon reportedly signed by Sharif brothers

Islamabad, June 10 : The Pakistan Muslim League-Nawaz has categorically rejected a written pardon reportedly signed by the Sharif brothers, which was produced in the Supreme Court by the Attorney General of Sindh, and termed it character assassination of the party's leadership by the government.

"Muhammad Nawaz Sharif and Muhammad Shahbaz Sharif neither addressed any application to Pervez Musharraf nor they signed any pardon," PML-N Central Information Secretary Ahsan Iqbal said.

He said the present government was involving itself in mudslinging and was criticising the personality of Nawaz Sharif the same way as Pervez Musharraf had done.

Pranab Mukherjee to meet heads of public sector banks today

Pranab Mukherjee to meet heads of public sector banks todayNew Delhi, June 10 : Finance Minister Pranab Mukherjee will meet heads of public sector banks today.

Issues like review of interest rates of banks, credit growth and agriculture loans will be discussed during the meeting.

The Finance Ministry has been meeting bankers regularly using moral suasion to get them to cut rates.

The meeting will also take a look at infrastructure lending, capital adequacy over medium term and housing and education loans.

Search for missing IAF plane intensifies

Shillong, June 10 : The Indian Air Force today began an aerial survey to trace the transport plane with 14 on board that went missing over the mountains of Arunachal Pradesh and is feared to have c

Bharti Airtel Can Achieve Target Price Of Rs 910: Nirmal Bang

Bharti AirtelNirmal Bang, one of the leading equity research-cum-broking house, has recommended a buy call on Bharti Airtel with a short term target that lies between Rs 865-910.

In latest research report, the firm said that Bharti Airtel is clearly a buy, so investors can accumulate the stock on dips. 

In addition, the firm has suggested a support level for the scrip at Rs 794.

Today, the shares of the company opened at Rs 791 on BSE. Current EPS & P/E ratio stood at 40.79 and 20.08 respectively. The share price has seen a 52-week high of Rs 990 and a low of Rs 484 on BSE.
 

Gates seeks 700 mn dollars for Pak counter-insurgency fund

Gates seeks 700 mn dollars for Pak counter-insurgency fundWashington, June 10 : US Defence Secretary Robert Gates wants Congress' support for 700 million dollars for the Pakistan Counter-insurgency Capability Fund (PCCF) for 2010, as part of a massive 130 billion dollars request for overseas contingency operations for Afghanistan and Iraq wars.

China condemns French honor for Dalai Lama

China condemns French honor for Dalai LamaBeijing, June 10 : China has denounced the honorary Paris citizenship handed over to the Dalai Lama, saying it poses "a grave interference in Sino-French relations".

Chinese Foreign Ministry spokesman Qin Gang said China was `indignant' about Paris Mayor Bertrand Delanoe going ahead with awarding honorary citizenship to the Dalai Lama in spite of China's opposition.

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