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24 June 2013
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Reported by Noman Ahmed.
"SSUET’s Rs897 million deficit budget passed"
KARACHI, June 22 _ A Rs 897.07 million budget for fiscal 2013-14 of Sir Syed University of Engineering and Technology was passed today.
The University’s Board of Governors which met here under the chairmanship of Vice-Chancellor Prof Dr. Jawaid H. Rizvi, gave approval to the budget which shows a deficit of Rs 35.56 million.
The budget shows an income of Rs 861.50 million while the expenditure has been set at Rs 897.07 million thus making the budget in deficit by Rs 35.56 million.
Of the total budgetary estimates Rs 13.2 million have been earmarked for research projects while Rs 40 million have been set aside for provision of scholarships, Rs 26.9 million for purchase of additional lab equipments, Rs 20.5 million for construction of new academic block, Rs 7.8 million for providing financial help out of profit of endowment fund to students and employees. The University’s Endowment Fund has been set at Rs 320 million.
The budgetary estimates shows Rs 5 million having been allocated for providing financial incentive for Faculty carrying out work on research projects , Rs 0.8 million for Ph.D graduate program, Rs 5 million for hiring foreign specialists faculty, Rs 8.5 million for development of new campus on 200 acres of land as well as IT Park.
During 2013-14, the University will spend Rs 3 million on purchase of new books, research journals and equipments for the library.
A provision of Rs 23.3 million has been made for development works out of profit from endowment fund. The budget shows an accumulated development fund of Rs 111.4 million.
Out of total income of Rs 861.50 million estimated for the fiscal 2013-14, the university will receive Rs 752.15 million from tuition and allied fees, Rs 77.35 million from other income, Rs 31 million as profit on endowment fund and Rs one million from donations.
On the expenditure side, the highest chunk of the budget of Rs 545.48 million will be consumed on establishment cost.
The budget estimates of Rs 897.07 million for 2013-14 are higher as compared to revised estimates of Rs 791.41 million of 2012-13.
Similarly expenditure is also estimated to go up to Rs 897.07 as compared to Rs 791.41 million during outgoing financial year.
Meanwhile the Board of Governors paid homage to late Chancellor Engr. Z.A. Nizami who passed away on April 7 and unanimously passed a resolution recounting the services and achievements of Mr. Nizami and his dedication and commitment to the cause of education.
The Board also gave approval to the recommendation of the University’s Academic Council for introduction of new disciplines.
Among others, the meeting was attended by noted nuclear scientist, Dr Abdul Qadeer Khan, Prof Dr M.D. Shami, Cmdr (R) Saleem Siddiqi, Engr. Yusuf Siddiqi, Justice Fazl-e-Ghani Khan besides Registrar Shah Mahmood H. Syed and Director Finance, who presented the budget.
The University’s Board of Governors which met here under the chairmanship of Vice-Chancellor Prof Dr. Jawaid H. Rizvi, gave approval to the budget which shows a deficit of Rs 35.56 million.
The budget shows an income of Rs 861.50 million while the expenditure has been set at Rs 897.07 million thus making the budget in deficit by Rs 35.56 million.
Of the total budgetary estimates Rs 13.2 million have been earmarked for research projects while Rs 40 million have been set aside for provision of scholarships, Rs 26.9 million for purchase of additional lab equipments, Rs 20.5 million for construction of new academic block, Rs 7.8 million for providing financial help out of profit of endowment fund to students and employees. The University’s Endowment Fund has been set at Rs 320 million.
The budgetary estimates shows Rs 5 million having been allocated for providing financial incentive for Faculty carrying out work on research projects , Rs 0.8 million for Ph.D graduate program, Rs 5 million for hiring foreign specialists faculty, Rs 8.5 million for development of new campus on 200 acres of land as well as IT Park.
During 2013-14, the University will spend Rs 3 million on purchase of new books, research journals and equipments for the library.
A provision of Rs 23.3 million has been made for development works out of profit from endowment fund. The budget shows an accumulated development fund of Rs 111.4 million.
Out of total income of Rs 861.50 million estimated for the fiscal 2013-14, the university will receive Rs 752.15 million from tuition and allied fees, Rs 77.35 million from other income, Rs 31 million as profit on endowment fund and Rs one million from donations.
On the expenditure side, the highest chunk of the budget of Rs 545.48 million will be consumed on establishment cost.
The budget estimates of Rs 897.07 million for 2013-14 are higher as compared to revised estimates of Rs 791.41 million of 2012-13.
Similarly expenditure is also estimated to go up to Rs 897.07 as compared to Rs 791.41 million during outgoing financial year.
Meanwhile the Board of Governors paid homage to late Chancellor Engr. Z.A. Nizami who passed away on April 7 and unanimously passed a resolution recounting the services and achievements of Mr. Nizami and his dedication and commitment to the cause of education.
The Board also gave approval to the recommendation of the University’s Academic Council for introduction of new disciplines.
Among others, the meeting was attended by noted nuclear scientist, Dr Abdul Qadeer Khan, Prof Dr M.D. Shami, Cmdr (R) Saleem Siddiqi, Engr. Yusuf Siddiqi, Justice Fazl-e-Ghani Khan besides Registrar Shah Mahmood H. Syed and Director Finance, who presented the budget.
Thursday, 20 June 2013
21 June 2013
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Robert Downey Jr. signs on as Iron Man for next two 'Avengers'
LOS
ANGELES: Actor Robert Downey Jr., who has gained huge box-office
success with his portrayal of Iron Man, has signed on to star as the
superhero in the next two installments of the "The Avengers," Marvel
Studios said on Thursday.
Downey, 48, was one of the main stars of the 2012 all-star superhero film "The Avengers," which united Iron Man, The Hulk, Captain America, Thor and the Black Widow.
"The Avengers," made by Walt Disney Co's Marvel Studios, became the third highest-grossing film of all time, with $1.5 billion at the worldwide box office.
Downey is expected to be joined by Chris Evans, Chris Hemsworth, Mark Ruffalo and Scarlett Johansson in reprising their superhero roles for "The Avengers 2."
"The Avengers 2," set for release on May 1, 2015, will be directed by Joss Whedon. Marvel said the film would reunite the superheroes from the first film, as well as introducing Marvel characters never seen in film before.
The three "Iron Man" films starring Downey from 2008 to 2013, have grossed more than $2.4 billion at the worldwide box office.
"Iron Man 3" released last month has become the highest-grossing film of the year, with $1.2 billion in global ticket sales, and the fifth highest-grossing film of all time, Marvel said in a statement. REUTERS
Downey, 48, was one of the main stars of the 2012 all-star superhero film "The Avengers," which united Iron Man, The Hulk, Captain America, Thor and the Black Widow.
"The Avengers," made by Walt Disney Co's Marvel Studios, became the third highest-grossing film of all time, with $1.5 billion at the worldwide box office.
Downey is expected to be joined by Chris Evans, Chris Hemsworth, Mark Ruffalo and Scarlett Johansson in reprising their superhero roles for "The Avengers 2."
"The Avengers 2," set for release on May 1, 2015, will be directed by Joss Whedon. Marvel said the film would reunite the superheroes from the first film, as well as introducing Marvel characters never seen in film before.
The three "Iron Man" films starring Downey from 2008 to 2013, have grossed more than $2.4 billion at the worldwide box office.
"Iron Man 3" released last month has become the highest-grossing film of the year, with $1.2 billion in global ticket sales, and the fifth highest-grossing film of all time, Marvel said in a statement. REUTERS
http://www.samaa.tv/newsdetail.aspx?ID=67756&CID=4
Karachi: Man abducted, killed near Ghas Bandar
KARACHI:
A man was killed in a gunfire attack on his car near the city area of
Kemari in today’s wee hours, SAMAA reported Friday.
According to police sources, Muhammed Altaf was in his car, when some unidentified miscreants abducted him and steered him away. A little later, they pulled over his car near Ghas Bandar, Kemari Gate-15 and gunned him down.
The deceased received three gunshot injuries.
According to police sources, Altaf was a resident of Khajoor Bazaar; the incident is further being looked into.
According to police sources, Muhammed Altaf was in his car, when some unidentified miscreants abducted him and steered him away. A little later, they pulled over his car near Ghas Bandar, Kemari Gate-15 and gunned him down.
The deceased received three gunshot injuries.
According to police sources, Altaf was a resident of Khajoor Bazaar; the incident is further being looked into.
http://www.samaa.tv/newsdetail.aspx?ID=67751&CID=1
Suicide bomber kills 7 after close of Iraq polls
BAGHDAD:
A suicide bomber killed seven people at an Iraqi vote counting centre
on Thursday evening, police said, hours after polls closed in two Sunni
Muslim-dominated provinces.
Most Iraqis voted for provincial councils in April but the Shi'ite-led government postponed elections in Anbar and Nineveh, citing security concerns after months of protests by the country's Sunni minority.
The decision to delay voting in those governorates was criticised by the United States, which said it would compound a sense of Sunni marginalisation that has fuelled a wave of violent unrest.
More than 1,000 people were killed in militant attacks in Iraq in May, making it the deadliest month since the height of sectarian bloodletting in 2006-07.
The suicide bomber blew himself up at a vote-counting centre in the city of Ramadi in Anbar province, killing seven people, four of whom were members of Iraq's electoral commission.
Earlier on Thursday, a roadside bomb hit a bus carrying five electoral officials in the town of Baiji in Nineveh, killing one, police said. In the provincial capital Mosul, a mortar round was fired at a checkpoint near a voting centre, wounding two soldiers.
On Wednesday, a suicide bomber embraced and killed a Sunni political leader, also in Nineveh.
"The people of Anbar and Nineveh overcame threats to cast their vote today, and violence failed to disrupt the democratic process," United Nations envoy to Iraq Martin Kobler said in a statement.
The first ballot to be held since U.S. troops left the country will indicate the strength of Iraq's Sunni political groupings before a parliamentary election due in 2014.
"We voted for the sake of our children. We want to get rid of the corrupt people and look forward to the future of our children and city," said 40-year-old Um Mohammed after casting her vote in Mosul.
The three provinces that make up the autonomous Kurdistan region in the north of Iraq hold elections on their own timetable and are scheduled to go to the polls in September.
Separately, the bodies of three men kidnapped on Wednesday were found handcuffed with bullets to the head and chest in the town of Sharqat, 260 km (160 miles) northwest of Baghdad. Two of the men were farmers and the third a policeman.
Sectarian tensions are running high in Iraq. The government has blamed attacks against both Sunni and Shi'ite Muslims on the al Qaeda-affiliated Islamic State of Iraq, which has been reinvigorated by the civil war in neighbouring Syria.
Most Iraqis voted for provincial councils in April but the Shi'ite-led government postponed elections in Anbar and Nineveh, citing security concerns after months of protests by the country's Sunni minority.
The decision to delay voting in those governorates was criticised by the United States, which said it would compound a sense of Sunni marginalisation that has fuelled a wave of violent unrest.
More than 1,000 people were killed in militant attacks in Iraq in May, making it the deadliest month since the height of sectarian bloodletting in 2006-07.
The suicide bomber blew himself up at a vote-counting centre in the city of Ramadi in Anbar province, killing seven people, four of whom were members of Iraq's electoral commission.
Earlier on Thursday, a roadside bomb hit a bus carrying five electoral officials in the town of Baiji in Nineveh, killing one, police said. In the provincial capital Mosul, a mortar round was fired at a checkpoint near a voting centre, wounding two soldiers.
On Wednesday, a suicide bomber embraced and killed a Sunni political leader, also in Nineveh.
"The people of Anbar and Nineveh overcame threats to cast their vote today, and violence failed to disrupt the democratic process," United Nations envoy to Iraq Martin Kobler said in a statement.
The first ballot to be held since U.S. troops left the country will indicate the strength of Iraq's Sunni political groupings before a parliamentary election due in 2014.
"We voted for the sake of our children. We want to get rid of the corrupt people and look forward to the future of our children and city," said 40-year-old Um Mohammed after casting her vote in Mosul.
The three provinces that make up the autonomous Kurdistan region in the north of Iraq hold elections on their own timetable and are scheduled to go to the polls in September.
Separately, the bodies of three men kidnapped on Wednesday were found handcuffed with bullets to the head and chest in the town of Sharqat, 260 km (160 miles) northwest of Baghdad. Two of the men were farmers and the third a policeman.
Sectarian tensions are running high in Iraq. The government has blamed attacks against both Sunni and Shi'ite Muslims on the al Qaeda-affiliated Islamic State of Iraq, which has been reinvigorated by the civil war in neighbouring Syria.
http://www.samaa.tv/newsdetail.aspx?ID=67750&CID=2
GST suo motu notice: SC to announce verdict today
A three-judge bench of Supreme Court, headed by Chief Justice Iftikhar Muhammad Chaudhry, has reserved its judgment on Thursday a suo motu notice regarding imposition of additional one per cent General Sales Tax and increase in prices of petroleum products.
During the course of proceedings, Salman Akram Raja, the counsel for Oil and Gas Regularity Authority (Ogra), told the bench that under Article 63 (A) no treasury member could oppose the proposed recommendations of the Finance Bill 2013 due to which the proposed increase of the GST from 16 to 17 percent was passed on to petroleum product prices.
Giving his remarks, Chief Justice said that the court had nothing to do with the imposition of a tax but had concerns on the procedural mechanism employed to implement GST increase from 16 to 17 percent.
http://dunyanews.tv/index.php/en/Pakistan/179489-GST-suo-motu-notice-SC-to-announce-verdict-today
Wednesday, 12 June 2013
SSUET Semester Breaks till July 29
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Reported by Noman Ahmed.
SSUET Semester Breaks till July 29
KARACHI, June 12- The Spring Semester examinations at Sir Syed University of Engineering and Technology concluded on Monday.
The exams in six engineering disciplines of Computer, Electronics, Civil,
Bio-Medical and Telecommunication Engineering and Computer science had started on May 27.
The University new semester classes will now commence from July 29 after a 7-week semester break.
Monday, 10 June 2013
Seminar on Career Guidance at Aligarh Institute of Technology.
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Reported by Noman Ahmed.
Seminar on Career Guidance at Aligarh Institute of Technology.
KARACHI, June 10 - The students at Aligarh Institute of Technology (AIT) an affiliate of Sir Syed University of Engineering and Technology, were provided an in depth guidance about selection of their career after they pass out, at a seminar on "career guidance" organized by AIT for graduating diploma holders.
The objective was to guide the graduating Diploma holders in various technical fields, to choose a career and explore job opportunities.
The Seminar was addressed by Heads of Departments of A.I.T. and H.R. representatives of various private companies and multinational NGO’s.
The Key note speaker for the session was Muhammad Yahya Waliullah currently Director, Information Technology and Statistical Bureau of Sir Syed University of Engineering and ex Secretary, Sindh Planning & Development Department.
In an hour long presentation he guided and advised students as how to choose a Career and go up on the ladder of professional life. He identified path to success and emphasized that students will have to work hard in their area of specialization, as professionals have high demand in the market.
"Professionalism comes from education, training and social network", he pointed out adding that mastery over the subject in which one has obtained diploma has to be supplemented with advance communication and presentation skills.
Mr. Waliullah dilated upon as how to search for a job and what are the sources and preparing an effective C.V. that may catch attention of H.R. representative or employer and should focus on practical work done by students during their education, project preparation and internship.
He emphasized that C.V. should be as short as possible without leaving any information that may help in getting employment or job. He said major companies identify prospective employees on the basis of written test to determine knowledge base that includes some questions on I.Q. level and behavior of potential employee.
Once this stage is successfully crossed, he stated, selected candidates have to face interviews by H.R. and Technical Department of the company. These interviews usually focus on subject knowledge and candidate knowledge about the company, his approach on how can potential employees enhances production level, profitability and elevating image of the company.
That requires knowledge about the company and its competitors in the market, which can be obtained either through websites or printed material of the company.
Continuing, he said, important thing now a days is social networking like Facebook, Youtube, LinkedIn, Twitter which are powerful social media instruments and helps a candidate in many ways.
The Seminars was attended by 150 students and professionals and was followed by a question and answer session that resulted in clarification of some points and further guidance given to students and professionals.
Mr. Muslim Abbasi, Vice Principal and Mr. Shahid Jameel Head of Computer Information
Technology arranged the seminar while Dr. Hilal Qureshi Principal of AIT in his
concluding remarks emphasized upon the students to work hard as world has opened up and
there is fair competition not among natives but across globe as well.
He thanked Heads of Departments, Vice Principal for making arrangements and Mr. Waliullah
for giving a useful presentation and guiding students.
Continuing, he said, important thing now a days is social networking like Facebook, Youtube, LinkedIn, Twitter which are powerful social media instruments and helps a candidate in many ways.
The Seminars was attended by 150 students and professionals and was followed by a question and answer session that resulted in clarification of some points and further guidance given to students and professionals.
Mr. Muslim Abbasi, Vice Principal and Mr. Shahid Jameel Head of Computer Information
Technology arranged the seminar while Dr. Hilal Qureshi Principal of AIT in his
concluding remarks emphasized upon the students to work hard as world has opened up and
there is fair competition not among natives but across globe as well.
He thanked Heads of Departments, Vice Principal for making arrangements and Mr. Waliullah
for giving a useful presentation and guiding students.
Sunday, 9 June 2013
SSUET’s Budget to be presented on June 21
Reprt by Noman Ahmed
SSUET’s Budget to be presented on June 21.
KARACHI, June 9 _ The Finance and Planning Committee of
Sir Syed University of Engineering and Technology has finalized the budget
proposals for the fiscal 2013-14.
The outlines of the
budget were finalized at a meeting of the committee held under the chairmanship
of Vice-Chancellor Prof. Dr. Jawaid H. Rizvi and attended, among others, by M/s
Zulfikar Ali Qadri, Rafiq Ahmed Akhund, Muhammed Salman Sualeh, Engr. Muhammed
Yusuf Siddiqui, Cdr. (Rtd) Salim A. Siddiqi and Registrar Shah Mahmood H. Syed.
The budget proposals
would now be placed before SSUET’s Board of Governors which is going to meet on
June 21. The budget will become effective after approval from the BoG.
On the occasion the
meeting offered fateha for the departed soul of SSUET’s late Chancellor Z.A. Nizami
who passed away on April 7, 2013.
The Director Finance
presented the University’s revised budget of Rs 791.56 million for the
year 2012-13 with anticipated surplus for Rs 0.16 million for consideration and
recommendations to the BoG.
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