Daily Archives

October 18, 2012

Smartphones and apps taking agriculture by storm

18 October 2012: Twenty-five years ago, CB radios were all the rage. Then came cell phones. Now smartphones are taking the consumer world by storm. That’s becoming true, as well, in agriculture where IT experts are dreaming up new uses for the handheld devices almost daily. Who would have thought that farmers, who tend to be independent by nature, would allow themselves to become so connected that almost anyone can reach out and touch them or send data to their phones at the push of a…

Food security should of paramount priority

18th October 2012: The global food situation is no doubt getting more precarious as the days go by, going by the assessments that experts monitoring trends are giving. This is despite the advances made in the production sector, which could have eliminated the problem years ago. Jose Graziano da Silva, director general of the Food and Agriculture Organisation (FAO) says it all with the latest hunger monitoring figures which reveal that one person in every eight goes hungry. “That is…

Kalabagh Dam project: LHC asks government to evolve consensus

October 18, 2012: Lahore High Court Chief Justice observed here on Wednesday that federal government ought to play its role towards the construction of Kalabagh Dam (KBD). As the proceedings resumed on the petitions, the court was informed that the federal government had not submitted its reply despite court''s orders. The court, however, adjourned hearing to October 29 and directed the federal government again to submit a reply. Chief Justice Umar Ata Bandial remarked that the KBD…

45th meeting of PIDA held

October 18, 2012: Punjab Irrigation and Drainage Authority (PIDA) has given approval to the proposed amendments in Election Regulations of Farmers' Organisations and Area Water Board Rules. This was decided at a 45th meeting of PIDA presided over by Provincial Minister for Irrigation and Chairman PIDA Malik Ahmed Ali in the office of Irrigation Department, today. Secretary Irrigation Khalid Masood Chaudhry, Assembly Members Rana Abdul Rehman, Karam Ali Bandial, Ali Haider Noor Khan Niazi,…

US MIDDAY: Wheat surges

October 18, 2012: US wheat futures rose almost one percent on Wednesday, reversing three days of declines, as the dollar tumbled and on dryness that posed a threat to wheat fields in Australia and the United States, the two top global wheat exporters. Soyabeans also rose after plunging 17 percent to a 3-1/2 month low early in the week from record highs of nearly $18 per bushel set in early September. And corn held firm but lacked bullish momentum with each market showing signs of choppy…

MoTI to send first-ever cotton policy draft to CCI

TAHIR AMIN October 18, 2012: The Ministry of Textile Industry will send draft of first ever cotton policy to the Council of Common Interest (CCI) for approval, sources revealed to Business Recorder. The ministry has initiated work on the cotton policy and begun consultations with all stakeholders, which is likely to be approved before the upcoming budget, sources revealed. To get input of all the provinces, the ministry will send the second draft of the policy to the stakeholders next…

Qaim reviews performance of Irrigation Department

October 18, 2012: Chief Minister Sindh Syed Qaim Ali Shah on Wednesday presided over a high-level meeting of the Sindh Irrigation Department, here at the Chief Minister's House. The meeting was attended by Irrigation Secretary Babar Effendi; Managing Director, Sindh Irrigation and Drainage Authority (SIDA), Ahsan Leghari; Secretary to CM Sindh, Agha Jan Akhtar and Chief Engineers and Superintending Engineers of various circles and sections of the irrigation department. The Chief Minister,…

Irsa reduces outflows from Tarbela by 20,000 cusecs

M RAFIQUE GORAYA October 18, 2012: Indus River System Authority (Irsa) reduced water outflows from Tarbela dam by 20,000 cusecs on Wednesday as Punjab had reduced its water indent by 55,000 cusecs after closure of six monthly non-perennial canals in the province. Wapda engineers told Business Recorder that Irsa curtailed water releases from the Tarbela dam from 80,000 cusecs to 60,000 cusecs whereas upstream running water in the Indus river dropped to 39,500 cusecs with the setting in…

Tea smuggling via ATT costs exchequer Rs 12 billion annually

October 18, 2012: The documented sector has lost around 60 percent of the domestic black tea market to smugglers that bring it in Pakistan through the Afghan Transit Trade, causing the exchequer an annual loss of Rs 12 billion in import levies. One wonders why such a huge quantity of black tea through ATT is allowed when the population of Afghanistan is hardly 25 million. Perhaps the government had also kept in mind to provide relief in prices which starts from July 22 this year. Customs…

Fatima Fertiliser’s profit after tax increases

October 18, 2012: The after tax profit of Fatima Fertiliser Company has increased to Rs 4.010 billion in the nine month period ended September 30, 2012 as compared to Rs 1.861 billion earned in the corresponding period in 2011. The board of directors of the company in its meeting held on Wednesday declared that the company's earning per share (basic) has increased to Rs 1.95 in the period under review against Re 0.93 in the same period last year. According to the financial results sent to…

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