AGL 38.16 Decreased By ▼ -0.06 (-0.16%)
AIRLINK 134.19 Increased By ▲ 5.22 (4.05%)
BOP 8.85 Increased By ▲ 1.00 (12.74%)
CNERGY 4.69 Increased By ▲ 0.03 (0.64%)
DCL 8.67 Increased By ▲ 0.35 (4.21%)
DFML 39.78 Increased By ▲ 0.84 (2.16%)
DGKC 85.15 Increased By ▲ 3.21 (3.92%)
FCCL 34.90 Increased By ▲ 1.48 (4.43%)
FFBL 75.60 Decreased By ▼ -0.11 (-0.15%)
FFL 12.74 Decreased By ▼ -0.08 (-0.62%)
HUBC 109.45 Decreased By ▼ -0.91 (-0.82%)
HUMNL 14.10 Increased By ▲ 0.09 (0.64%)
KEL 5.40 Increased By ▲ 0.25 (4.85%)
KOSM 7.75 Increased By ▲ 0.08 (1.04%)
MLCF 41.37 Increased By ▲ 1.57 (3.94%)
NBP 69.70 Decreased By ▼ -2.62 (-3.62%)
OGDC 193.62 Increased By ▲ 5.33 (2.83%)
PAEL 26.21 Increased By ▲ 0.58 (2.26%)
PIBTL 7.42 Increased By ▲ 0.05 (0.68%)
PPL 163.85 Increased By ▲ 11.18 (7.32%)
PRL 26.36 Increased By ▲ 0.97 (3.82%)
PTC 19.47 Increased By ▲ 1.77 (10%)
SEARL 84.40 Increased By ▲ 1.98 (2.4%)
TELE 7.99 Increased By ▲ 0.40 (5.27%)
TOMCL 34.05 Increased By ▲ 1.48 (4.54%)
TPLP 8.72 Increased By ▲ 0.30 (3.56%)
TREET 17.18 Increased By ▲ 0.40 (2.38%)
TRG 61.00 Increased By ▲ 4.96 (8.85%)
UNITY 28.96 Increased By ▲ 0.18 (0.63%)
WTL 1.37 Increased By ▲ 0.02 (1.48%)
BR100 10,786 Increased By 127.6 (1.2%)
BR30 32,266 Increased By 934.6 (2.98%)
KSE100 100,083 Increased By 813.5 (0.82%)
KSE30 31,193 Increased By 160.9 (0.52%)
Nov 28, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2013-04-19
Stuttgart to meet Bayern in German Cup final

Stuttgart to meet Bayern in German Cup final

VfB Stuttgart will face favourites Bayern Munich in June's German Cup final after they beat Freiburg 2-1 at home in their semi-final on Wednesday. The victory had a double bonus for Stuttgart as they are now guaranteed a Europa League place next season as
Published 19 Apr, 2013 12:00am
Murray in shock Monaco exit

Murray in shock Monaco exit

Roger Federer will return to second in the ATP standings next week after Andy Murray collapsed to a 6-1, 6-2 third-round loss to Stanislas Wawrinka at the Monte Carlo Masters on Thursday. A shell-shocked Murray committed 24 unforced errors as he lost to F
Published 19 Apr, 2013 12:00am
ICC gives cash boost to Afghanistan

ICC gives cash boost to Afghanistan

Afghanistan has received a financial boost from the world cricket governing body to develop the sport in the war-ravaged nation, it was announced Thursday. Cricket has become one of the most popular sports in Afghanistan since it was introduced by returni
Published 19 Apr, 2013 12:00am
PCB to allow Salman, Asif to play post-ban

PCB to allow Salman, Asif to play post-ban

Pakistan will allow disgraced former captain Salman Butt and Mohammad Asif back into domestic cricket once they serve their bans for spot-fixing, the country's cricket chief said Thursday. Salman Butt, Asif and team-mate Mohammad Aamer were banned for a m
Published 19 Apr, 2013 12:00am
Umar Gul ruled out of Champions Trophy

Umar Gul ruled out of Champions Trophy

Pakistan's pace spearhead Umar Gul has been ruled out of the Champions Trophy following injury to his right knee, which he sustained during the ODI series against South Africa last month. The 29-year-old, Umar Gul, will also miss the fixtures against Irel
Published 19 Apr, 2013 12:00am
United held at West Ham, City sink Wigan

United held at West Ham, City sink Wigan

Manchester United may have to wait a little longer to reclaim the Premier League title after being held to a 2-2 draw at West Ham, while Manchester City won 1-0 against Wigan on Wednesday. Alex Ferguson's team were below their best for long periods at Upt
Published 19 Apr, 2013 12:00am
British Olympic great Hoy announces retirement

British Olympic great Hoy announces retirement

Britain's most successful Olympian, Chris Hoy, on Thursday announced his retirement from cycling with immediate effect, prompting glowing tributes from leading figures in the sport. British Cycling performance director Dave Brailsford, who oversaw the 37-
Published 19 Apr, 2013 12:00am
Taylor in record score, Bangladesh hit back

Taylor in record score, Bangladesh hit back

Captain Brendan Taylor marked Zimbabwe's Independence Day with a record-breaking score, but Bangladesh's bold reply with the bat allowed them to end day two of the first Test with the initiative. Taylor's 171 formed the backbone in a Zimbabwean total of 3
Published 19 Apr, 2013 12:00am
Pakistan offers to host 2019 World Cup qualifiers

Pakistan offers to host 2019 World Cup qualifiers

Pakistan's cricket chief said Thursday he had offered to host qualifiers for the 2019 World Cup despite a four-year suspension of international cricket in the country over security fears. Foreign teams have shunned tours to the troubled country over secur
Published 19 Apr, 2013 12:00am
Risk ranking China revamps anti-money laundering rules

Risk ranking China revamps anti-money laundering rules

Chinese banks must rate their clients' risk of criminal conduct on a scale of 1-5 as part of the central bank's moves to curb money laundering and fraudulent transactions estimated at hundreds of billions of dollars a year.
Published 19 Apr, 2013 12:00am
Risk ranking China revamps anti-money laundering rules

Risk ranking China revamps anti-money laundering rules

Chinese banks must rate their clients' risk of criminal conduct on a scale of 1-5 as part of the central bank's moves to curb money laundering and fraudulent transactions estimated at hundreds of billions of dollars a year.
Published 19 Apr, 2013 12:00am
Indian exports decline

Indian exports decline

India's exports contracted in the financial year which has just ended, despite a sharp decline in the value of the rupee and efforts to turn the country into a manufacturing hub, data showed Thursday. Exports in the 2012/13 financial year fell by 1.76 per
Published 19 Apr, 2013 12:00am
India's court allows reopening of iron ore mines

India's court allows reopening of iron ore mines

India's top court on Thursday allowed more than 100 iron ore mines to resume operations in southern Karnataka in a major relief for resource-hungry steel mills that require the raw material. The court accepted the report of a central government committee
Published 19 Apr, 2013 12:00am
Morgan Stanley posts $958 million profit

Morgan Stanley posts $958 million profit

Morgan Stanley reported a stronger-than-expected first-quarter profit of $958 million, compared with a year-earlier loss of $119 million, as its wealth management business grew. The sixth-largest US bank by assets said on Thursday it earned 49 cents per s
Published 19 Apr, 2013 12:00am
Morgan Stanley posts $958 million profit

Morgan Stanley posts $958 million profit

Morgan Stanley reported a stronger-than-expected first-quarter profit of $958 million, compared with a year-earlier loss of $119 million, as its wealth management business grew. The sixth-largest US bank by assets said on Thursday it earned 49 cents per s
Published 19 Apr, 2013 12:00am
PepsiCo profit beats; stands by 2013 outlook

PepsiCo profit beats; stands by 2013 outlook

PepsiCo Inc posted better-than-expected quarterly earnings on Thursday, as price increases helped margins, but the company stood by its full-year forecast as it invests in its business. The maker of Pepsi sodas, Tropicana juices, Frito-Lay snacks and Quak
Published 19 Apr, 2013 12:00am
PepsiCo profit beats; stands by 2013 outlook

PepsiCo profit beats; stands by 2013 outlook

PepsiCo Inc posted better-than-expected quarterly earnings on Thursday, as price increases helped margins, but the company stood by its full-year forecast as it invests in its business. The maker of Pepsi sodas, Tropicana juices, Frito-Lay snacks and Quak
Published 19 Apr, 2013 12:00am
New BHP boss shakes up top jobs

New BHP boss shakes up top jobs

The new boss of global mining titan BHP Billiton unveiled a sweeping management shake-up on Thursday, installing a new team charged with driving productivity and keeping costs down. Andrew Mackenzie officially takes over as chief executive from Marius Klo
Published 19 Apr, 2013 12:00am
Nokia sales tumble overshadows Lumia pick-up

Nokia sales tumble overshadows Lumia pick-up

A sharp fall in sales of Nokia's basic phones overshadowed a stronger performance from its Lumia smartphones in the first quarter, sending its shares tumbling. The results renewed pressure on Chief Executive Stephen Elop, who was hired in 2010 to turn the
Published 19 Apr, 2013 12:00am
Reforming Barclays unveils senior management changes

Reforming Barclays unveils senior management changes

Barclays bank on Thursday announced a fresh shake-up of its senior staff, including the departure of its head of investment banking, in the wake of last year's Libor rate-rigging scandal. Barclays said Rich Ricci, the head of its investment banking unit,
Published 19 Apr, 2013 12:00am
Reforming Barclays unveils senior management changes

Reforming Barclays unveils senior management changes

Barclays bank on Thursday announced a fresh shake-up of its senior staff, including the departure of its head of investment banking, in the wake of last year's Libor rate-rigging scandal. Barclays said Rich Ricci, the head of its investment banking unit,
Published 19 Apr, 2013 12:00am
German parliament backs Cyprus bailout

German parliament backs Cyprus bailout

Germany's lower house of parliament voted overwhelmingly on Thursday to grant Cyprus a 10 billion euro bailout that is designed to avert bankruptcy for the tiny Mediterranean island nation and keep it in the euro zone. Of the 601 lawmakers present in the
Published 19 Apr, 2013 12:00am
German parliament backs Cyprus bailout

German parliament backs Cyprus bailout

Germany's lower house of parliament voted overwhelmingly on Thursday to grant Cyprus a 10 billion euro bailout that is designed to avert bankruptcy for the tiny Mediterranean island nation and keep it in the euro zone. Of the 601 lawmakers present in the
Published 19 Apr, 2013 12:00am
US jobs, factory data point to slowing economy

US jobs, factory data point to slowing economy

The number of Americans filing new claims for unemployment benefits rose last week and factory activity in the nation's Mid-Atlantic region cooled in April, further signs of a moderation in economic growth. Underscoring the softening growth outlook, anoth
Published 19 Apr, 2013 12:00am
Spain debt yields fall to lowest since 2010

Spain debt yields fall to lowest since 2010

Spain sold more debt than it had targeted at a triple-bond sale on Thursday at borrowing costs not seen since 2010, as investors search for high returns on hopes of an ease in central bank monetary policy and extra liquidity. The Treasury sold 4.7 billion
Published 19 Apr, 2013 12:00am
Spain debt yields fall to lowest since 2010

Spain debt yields fall to lowest since 2010

Spain sold more debt than it had targeted at a triple-bond sale on Thursday at borrowing costs not seen since 2010, as investors search for high returns on hopes of an ease in central bank monetary policy and extra liquidity. The Treasury sold 4.7 billion
Published 19 Apr, 2013 12:00am
Slow emerging markets, Middle East unrest hit Nestle

Slow emerging markets, Middle East unrest hit Nestle

Nestle's first quarter sales growth undershot rival Danone's after some retailers in Asia cut inventories back to match poor demand, and the destruction of a key Middle East factory in Syria slowed supplies. In Europe, a cold spring hit consumption of bot
Published 19 Apr, 2013 12:00am
Moody's maintains Germany's 'Aaa' rating

Moody's maintains Germany's 'Aaa' rating

The international ratings agency Moody's on Thursday issued a credit update of Germany, maintaining its top "Aaa" rating, albeit with a negative outlook, a day after rumours over a possible German downgrade had rocked European stock markets. The agency em
Published 19 Apr, 2013 12:00am
Moody's maintains Germany's 'Aaa' rating

Moody's maintains Germany's 'Aaa' rating

The international ratings agency Moody's on Thursday issued a credit update of Germany, maintaining its top "Aaa" rating, albeit with a negative outlook, a day after rumours over a possible German downgrade had rocked European stock markets. The agency em
Published 19 Apr, 2013 12:00am
Japan premier meets Suu Kyi, pledges support for Myanmar

Japan premier meets Suu Kyi, pledges support for Myanmar

Japanese Prime Minister Shinzo Abe Thursday promised support for democratisation and economic development in Myanmar as he held talks with the South-East Asian country's democracy campaigner and Nobel Peace Prize laureate, Aung San Suu Kyi. "Japan will su
Published 19 Apr, 2013 12:00am
Obama in Boston vows US will find perpetrators of bombings

Obama in Boston vows US will find perpetrators of bombings

President Barack Obama told a memorial service for the Boston bombing victims that "we will find" whoever carried out the attack that killed three people as investigators search for two men seen on a video of the scene shortly before the blasts.
Published 19 Apr, 2013 12:00am
Serbia, Kosovo talks fail once again

Serbia, Kosovo talks fail once again

Serbia and Kosovo again failed to clinch a deal to normalise ties and ease tension in the Balkans after lengthy talks brokered by the European Union lasting through Wednesday until Thursday. "Today has been a very long and intensive day," said EU foreign
Published 19 Apr, 2013 12:00am
Warsaw marks 70 years since 'dignified' ghetto uprising

Warsaw marks 70 years since 'dignified' ghetto uprising

Warsaw city authorities on Thursday recalled the ghetto uprising here 70 years ago as a doomed but "dignified" bid by hundreds of young poorly-armed Jews to throw off their Nazi German oppressors. "The Warsaw Ghetto Uprising was the first instance of an u
Published 19 Apr, 2013 12:00am
Gandhi memorial U-turn to preserve Orwell site

Gandhi memorial U-turn to preserve Orwell site

Plans to create a memorial park for India's independence hero Mahatma Gandhi that would have encroached on the birthplace of British novelist George Orwell have been shelved, officials said Thursday. Last week, a state minister laid the foundation stone f
Published 19 Apr, 2013 12:00am
Venezuela rules out recount

Venezuela rules out recount

Opposition leader Henrique Capriles formally requested a recount in Venezuela's disputed presidential election Wednesday, even after being rebuffed by the country's Supreme Court. The drama played out against spiking political tensions since Sunday's vote
Published 19 Apr, 2013 12:00am
North Korea offers talks but US wants 'clear signals'

North Korea offers talks but US wants 'clear signals'

North Korea offered the United States and South Korea a list of conditions on Thursday for talks, including the lifting of UN sanctions, but Washington said it was awaiting "clear signals" that Pyongyang would halt its nuclear weapons activities.
Published 19 Apr, 2013 12:00am
Syria conflict a humanitarian catastrophe: UN

Syria conflict a humanitarian catastrophe: UN

Syrian families have been burned in their homes, people bombed waiting for bread, children tortured, raped and murdered and cities reduced to rubble in Syria's two-year-old war that has sparked a humanitarian catastrophe, the United Nations said on Thursd
Published 19 Apr, 2013 12:00am
Russia expels Estonian diplomat

Russia expels Estonian diplomat

Russia has expelled a senior Estonian diplomat, the Foreign Ministry of the small Baltic nation said on Thursday, a step which is likely to further raise tensions between the two nations. Relations between the two countries have been strained over differe
Published 19 Apr, 2013 12:00am
Germany rejects quota for women in boardrooms

Germany rejects quota for women in boardrooms

Germany's parliament rejected Thursday a plan to set a women's quota on corporate boards, an issue that has stirred passionate debate in the country and forced Chancellor Angela Merkel to reverse her position in the middle of an election campaign. In a 32
Published 19 Apr, 2013 12:00am
US House passes cybersecurity bill

US House passes cybersecurity bill

The House of Representatives on Thursday passed legislation meant to help companies and the government share information on cyber threats, even though concerns linger about the amount of protection the bill offers for private information.
Published 19 Apr, 2013 12:00am
Germany ready to keep up to 800 troops in Afghanistan

Germany ready to keep up to 800 troops in Afghanistan

Germany on Thursday offered to keep 600-800 troops in Afghanistan for two years from 2015, after the end of Nato combat operations there, to help train and advise the national army in its battle against the Taliban. The offer comes with several conditions
Published 19 Apr, 2013 12:00am
FBI arrests Mississippi man in ricinletter case

FBI arrests Mississippi man in ricinletter case

The FBI arrested a Mississippi man on Wednesday in connection with letters sent to President Barack Obama and two other officials that are believed to have contained the deadly poison ricin, the US Justice Department said.
Published 19 Apr, 2013 12:00am
Italian parliament fails to elect state president

Italian parliament fails to elect state president

Italy's parliament failed to elect a new state president in its first vote on Thursday, with deep splits in the centre left torpedoing a quick victory for its official candidate Franco Marini. Marini, a former Senate speaker, won 521 votes, well below the
Published 19 Apr, 2013 12:00am
Budget preparation: FBR office order

Budget preparation: FBR office order

The Federal Board of Revenue has made it mandatory for all officers/officials at the Board Headquarters to display their office identity cards during Budget (2013-14) preparation exercise. According to an office order issued by the FBR here Thursday, in v
Published 19 Apr, 2013 12:00am
Easypaisa launches 'Khushaal Munafa' savings product

Easypaisa launches 'Khushaal Munafa' savings product

Pakistan's premier branchless banking service, Easypaisa has launched Khushaal Munafa, the first savings product on a branchless banking platform offering monetary returns to its Easypaisa Mobile Account customers. The launch of Khushaal Munafa is yet ano
Published 19 Apr, 2013 12:00am
Korean envoy visits MSSST HO in Khyber Pakhtunkhwa

Korean envoy visits MSSST HO in Khyber Pakhtunkhwa

The Malik Saad Shaheed Sports Trust (Registered) Pakistan (MSSST) is doing a valuable services to the community by providing them opportunities for healthy sports activities apart from encouraging deserving youth in education section, this was stated by C
Published 19 Apr, 2013 12:00am
Shanghai copper tumbles

Shanghai copper tumbles

Losses in LME copper triggered a steep sell-off in other metals, with the most-traded August copper contract on the Shanghai Futures Exchange hitting limit down of 4 percent at 50,530 yuan ($8,200) a tonne on Thursday The most active aluminium and zinc co
Published 19 Apr, 2013 12:00am
Copper ends flat

Copper ends flat

Copper ended flat on Thursday, after hitting a session low below $7,000 a tonne for the first time in 18 months on persistent worries about global demand, but analysts said heavy short selling might be drying up and could spur a rebound. Three-month coppe
Published 19 Apr, 2013 12:00am
Oil bounces back

Oil bounces back

Brent crude oil gained more than 1 percent on Thursday, snapping a six-day losing streak as low prices sparked buying by bargain hunters and with traders anticipating Opec rumblings about cutting production if prices keep falling. Brent's 10-percent price
Published 19 Apr, 2013 12:00am
China to sell high-quality state cotton reserves

China to sell high-quality state cotton reserves

China, the world's top cotton consumer, will start to sell its high-quality reserves of the fibre, which should spur purchases by textile mills after Beijing's stockpiling tightened domestic supplies, government officials said on Thursday. Aggressive sale
Published 19 Apr, 2013 12:00am
Tokyo rubber tumbles

Tokyo rubber tumbles

Tokyo rubber futures tumbled nearly 4 percent to a 5-month low on Thursday, tracking falls on share markets and hurt by fears of falling demand amid a weak global economic outlook, dealers said. The benchmark rubber contract on the Tokyo Commodity Exchang
Published 19 Apr, 2013 12:00am
Soyabeans rally

Soyabeans rally

US soyabean futures bucked early profit-taking pressure and rallied to a three-week high on Wednesday on tight US supplies and a stronger cash market. Wheat shed earlier weather-fuelled gains, overcome by technical selling and spillover pressure from a hi
Published 19 Apr, 2013 12:00am
Palm oil ends higher

Palm oil ends higher

Malaysian palm oil futures edged up on Thursday after a drop to a four-month low earlier in the session lured back buyers, though gains were capped by persistent worries about the health of the global economy. "The sentiment in overall commodities markets
Published 19 Apr, 2013 12:00am
Coffee jumps three percent

Coffee jumps three percent

Arabica coffee futures on ICE jumped nearly 3 percent on Thursday, their biggest one-day surge in 3-1/2 months, as a wave of short-covering pushed them above their 14-day moving average, while raw sugar fell close to the lowest in nearly three years. Coco
Published 19 Apr, 2013 12:00am
Gold rises in New York

Gold rises in New York

Gold rose in choppy trade on Wednesday as the two-year low it hit the previous session triggered Asian physical buying, but the market had trouble holding on to gains and is seen vulnerable to further sell-offs. Spot gold was up 0.5 percent at $1,373.96 a
Published 19 Apr, 2013 12:00am
Gold slips in Asia

Gold slips in Asia

Gold slipped as much as 2.7 percent on Thursday as losses in other markets, prospects for easing inflation, and worries about central bank sales drove investors to sell bullion to raise cash, undermining the metal's status as a safe-haven investment.
Published 19 Apr, 2013 12:00am
Gold up in roller-coaster trade in Europe

Gold up in roller-coaster trade in Europe

Gold rose on Thursday in Europe after volatile Asian trade saw prices slide towards two-year lows hit earlier in the week, with strong physical buying set against exits from exchange-traded funds. The sharp drop in prices has triggered a spate of buying i
Published 19 Apr, 2013 12:00am
US MIDDAY: soyabeans jump

US MIDDAY: soyabeans jump

US soyabean and soyameal futures jumped to three-week highs on Thursday on worries about tighter supplies and on strong export demand, while corn futures dropped as traders shrugged off planting delays due to rain. Soyabeans extended recent gains on ideas
Published 19 Apr, 2013 12:00am
US MIDDAY: Gold soars

US MIDDAY: Gold soars

Gold rose on Thursday on better physical demand but buyers stayed cautious following the metal's historic sell-off earlier in the week. Bullion rebounded sharply after falling almost 3 percent in Asian trade on news that holdings of the world's largest ex
Published 19 Apr, 2013 12:00am
Zaidi underscores need for integrated revenue authority

Zaidi underscores need for integrated revenue authority

Caretaker Sindh Minister for Excise and Taxation and Revenue Syed Shabbar Zaidi said that all provincial revenue departments should be consolidated and then integrated with the federal authority to address taxpayers' issues. Speaking at a pre-budget semin
Published 19 Apr, 2013 12:00am
Attacks on politicians: lawyers boycott courts in Balochistan

Attacks on politicians: lawyers boycott courts in Balochistan

The litigants had to face severe difficulties as lawyers boycotted the court proceedings across Balochistan province on Thursday against attacks on PML-N leader Sanaullah Zehri and bomb attack on Ghulam Ahmed Bilour former federal minister for Pakistan Ra
Published 19 Apr, 2013 12:00am
Fishermen, labourers protest 'illegal allotment' at fish harbour

Fishermen, labourers protest 'illegal allotment' at fish harbour

Fishermen, labourers and traders on Thursday protested against the 'illegal' allotments at fish harbour with a three-day deadline to Karachi Fish Harbour Authority (KFHA) to cancel all such lease agreements. A new faction called All Pakistan Mahigeer Welf
Published 19 Apr, 2013 12:00am
Widespread rains likely from Sunday

Widespread rains likely from Sunday

Pakistan Meteorological Department (PMD) on Thursday predicted intermittent widespread rain/thundershowers with gusty winds over central parts of the country from Sunday to Wednesday. According to the PMD, a westerly weather system (western disturbance) i
Published 19 Apr, 2013 12:00am
US mango market may again remain out of reach

US mango market may again remain out of reach

The lucrative US mango market may again remain out of reach of Pakistani exporters this season as a result of strict irradiation compliance imposed by US Department of Agriculture (USDA) and failure of relevant local public sector organisations in resolvi
Published 19 Apr, 2013 12:00am
Mild tremor jolts Dalbandin

Mild tremor jolts Dalbandin

A mild 4.9 magnitude earthquake jolted Dalbandin and the adjoining areas in Thursday's small hours. According to Meteorological Department, the quake was measured 4.9 on the Richter scale; the epicenter of the tremor was located in the North West of Dalba
Published 19 Apr, 2013 12:00am
Over 12,000 affected by quake in Mashkail

Over 12,000 affected by quake in Mashkail

More than 12,000 people living in a remote, impoverished desert region near the Iranian border have been affected by this week's huge earthquake, a relief official said Thursday. The 7.8-magnitude quake, centred in south-eastern Iran on Tuesday was the Is
Published 19 Apr, 2013 12:00am
'Election security plan to be prepared with consultation'

'Election security plan to be prepared with consultation'

The Divisional Commissioner Hyderabad Dr Riaz Ahmed Memon has directed the deputy commissioners and SSPs to prepare their Election Security Plan with the consultation and approval of District Security Committee of their respective districts with a view to
Published 19 Apr, 2013 12:00am
Indictment under Article-6

Indictment under Article-6

The Article-6 of the Constitution states: "High Treason: (1) Any person who abrogates or attempts or conspires to abrogate, subverts or attempts or conspires to subvert the Constitution by use of force or show of force or by other unconstitutional means s
Published 19 Apr, 2013 12:00am
Texas town devastated by massive explosion

Texas town devastated by massive explosion

It was like Iraq, a nuclear bomb, a tornado. Those were the words used by US officials to describe the devastation created by a blast at a fertiliser plant in Texas on Wednesday, which injured hundreds and killed an unknown number of others. Until the mas
Published 19 Apr, 2013 12:00am
Syria's long war inflicting deep social divisions

Syria's long war inflicting deep social divisions

As Syria's protracted civil war stretches into its third year, there are worrying signs that the brutal conflict is inflicting deep and dangerous social divisions that may take decades to heal. The first months of 2013 have seen significant rebel gains as
Published 19 Apr, 2013 12:00am
Predatory elites

Predatory elites

Pakistan is ruled and controlled by predatory elites in whose hands power and wealth are concentrated. The ruling elites - comprising indomitable military-civil-judicial complex, unscrupulous politicians, mighty religious party leaders, absentee land owne
Published 19 Apr, 2013 12:00am
Musharraf's game-plan turns into debacle?

Musharraf's game-plan turns into debacle?

It is payback time for former military ruler General Pervez Musharraf who faces three legal cases for his actions from his time at the helm of power. The Islamabad High Court rejected his bail application yesterday in the judges arrest case, ordering his
Published 19 Apr, 2013 12:00am
Interim economic team

Interim economic team

Twenty-one days after former Justice Mir Hazar Khan Khoso took oath as the country's Caretaker Prime Minister he appointed Dr Shahid Amjad, an academic, as Advisor on Finance. Better late than never is a sentiment that is being widely expressed by many an
Published 19 Apr, 2013 12:00am
Election officials hold as many as 152 meetings with stakeholders

Election officials hold as many as 152 meetings with stakeholders

The District Election Commissioners (DECs) in separate interviews indicate that they have held 152 meetings with various stakeholders in 57 districts across the country. According to the data collected by FAFEN observers, DECs held the highest number of m
Published 19 Apr, 2013 12:00am
Khyber Pakhtunkhwa government to refurbish 279 tube wells of city

Khyber Pakhtunkhwa government to refurbish 279 tube wells of city

Khyber Pakhtunkhwa Caretaker Minister for LG&RDD, Abdur Rauf Khattak was given a detailed presentation regarding the Municipal Services Programme(MSP), preparation of Peshawar Master Plan etc. Under this programme, the MCP will be provided solid waste mac
Published 19 Apr, 2013 12:00am
PSO launches world's first-ever community-owned station

PSO launches world's first-ever community-owned station

Pakistan State Oil (PSO), the nation's leading energy company has inaugurated the world's first ever "Community Owned Station" in Pakistan at Khwaspur Chowk, District Gujrat under the leadership and guidance of its CEO & MD Naeem Y. Mir. This retail outle
Published 19 Apr, 2013 12:00am
Misuse of agricultural lands: CDA told to restore farms' original status

Misuse of agricultural lands: CDA told to restore farms' original status

The Supreme Court on Thursday directed the Chairman of the Capital Development Authority (CDA), Tahir Shahbaz, to take a personal interest to stop the misuse of agricultural farms for business purposes in the Federal Capital and directed him to restore th
Published 19 Apr, 2013 12:00am
Four of a family killed as the roof caves in

Four of a family killed as the roof caves in

Four members of a family including mother and three children died and father critically injured when roof of a house collapsed here in the wee hours of Thursday. According to details, roof of a stone and mud made dilapidated house located in Lower Pairout
Published 19 Apr, 2013 12:00am
Nepal to host 57th EC meeting of Saarc CCI

Nepal to host 57th EC meeting of Saarc CCI

The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) will host the 57th Executive Committee Meeting and the 18th General Assembly of the Saarc Chamber of Commerce and Industry (Saarc CCI) on April 20-21, 2013 at Kathmandu. Over 50 members f
Published 19 Apr, 2013 12:00am
Clearance of electricity bills: deadline set by NAB expires today

Clearance of electricity bills: deadline set by NAB expires today

The deadline set by National Accountability Bureau (NAB) for clearance of dues by defaulters of electricity bills is expiring today (Friday) conveyed to all through public notices. Chairman NAB has issued directives on Thursday to all the regional HQs of
Published 19 Apr, 2013 12:00am
IHC action against PRAL officials hailed

IHC action against PRAL officials hailed

Director Pak-Afghan Joint Chamber of Commerce and Industry and former Senior Vice President of Khyber Pakhtunkhwa Chamber of Commerce and Industry (KPCCI), Ziaul Haq Sarhadi has hailed a decision of Islamabad High Court directing authorities concerned to
Published 19 Apr, 2013 12:00am
Peaceful Afghanistan a must for stability in Pakistan, region: envoy

Peaceful Afghanistan a must for stability in Pakistan, region: envoy

The Ambassador of Afghanistan to Pakistan Mohammad Sadiq said that a prosperous and peaceful Afghanistan is eminent for stability in Pakistan and entire region, saying that they strongly support any peace effort carried out jointly by the two neighbouring
Published 19 Apr, 2013 12:00am
38 out of 48 provincial departments computerised: minister

38 out of 48 provincial departments computerised: minister

Provincial Caretaker Minister for Information Technology, Mian Zahid Hussain, has said that out of the 48 provincial departments 38 have been computerised so far. He said that the provincial government was taking all measures to develop and promote use of
Published 19 Apr, 2013 12:00am
Sindh chief minister reviews polio eradication measures

Sindh chief minister reviews polio eradication measures

Caretaker Chief Minister of Sindh, former Justice Zahid Kurban Alavi had a meeting with Dr Paul Rutter, Secretary General of International Monitoring Board (GPEI) held at CM House here regarding measures to eradicate polio from Sindh and make a Pakistan p
Published 19 Apr, 2013 12:00am
MQM team meets Alavi

MQM team meets Alavi

A delegation of the Muttahida Qaumi Movement (MQM) met with Caretaker Sindh Chief Minister, former Justice Zahid Kurban Alavi and told him its reservations regarding law and order situation of Karachi. Led by Farooq Sattar, the MQM delegation said that hi
Published 19 Apr, 2013 12:00am
Police arrest 54 accused during raids

Police arrest 54 accused during raids

Sindh police on Thursday arrested d 54 accused during a raids in different parts of the city and recovered arms from their possession. The accused were involved in kidnapping for ransom, car lifting and other heinous crimes. Police recovered drugs and arm
Published 19 Apr, 2013 12:00am
Bugti murder case: plea to summon Musharraf submitted in ATC

Bugti murder case: plea to summon Musharraf submitted in ATC

Jamil Bugti's lawyer on Thursday submitted a petition in the Anti Terrorism Court (ATC) for summoning former president General Pervez Musharraf (Retd), a key accused in the Akbar Bugti murder case. During the hearing, lawyer of Jamil Bugti, son of slain A
Published 19 Apr, 2013 12:00am
Musharraf lucky if gets 'luxury' of house arrest: Aitzaz

Musharraf lucky if gets 'luxury' of house arrest: Aitzaz

"Musharraf is lucky to be kept in house arrest as he fled after being given arrest orders by Islamabad High Court". This was stated by Barrister Aitzaz Ahsan while commenting on the case, here on Thursday. The senator called former army chief an absconder
Published 19 Apr, 2013 12:00am
Army had no role in Musharraf's return?

Army had no role in Musharraf's return?

Human Rights Watch has criticized the reported continued military protection for General Musharraf and stated that this makes a mockery of claims that Pakistan's armed forces support the rule of law and brings the military into further disrepute that it c
Published 19 Apr, 2013 12:00am
'Elimination of smuggling to net billions of rupees FED'

'Elimination of smuggling to net billions of rupees FED'

The Federal Board of Revenue Member Customs FBR, Muhammad Riaz has said that a major chunk of the federal excise duty (FED) comes from local cigarette industry and elimination of smuggling would add billions of rupees to the exchequer.
Published 19 Apr, 2013 12:00am
Sherpao urges further steps for holding transparent polls

Sherpao urges further steps for holding transparent polls

Opposing any delay in holding the next general elections, Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao on Thursday asked the Election Commission of Pakistan (ECP) and the caretaker government to take further steps for holding elections in a f
Published 19 Apr, 2013 12:00am
Political parties urge caretaker government to arrest Musharraf

Political parties urge caretaker government to arrest Musharraf

Different political parties on Thursday reacted sharply to former military ruler General Pervez Musharraf (Retd) act of fleeing from the court to evade arrest after Islamabad High Court (IHC) dismissed his bail application, as PML-N urged caretaker Prime
Published 19 Apr, 2013 12:00am
Mother of MD BoK passes away

Mother of MD BoK passes away

The wife of late Mir Hashmat Ali, mother of Mir Javed Hashmat, Managing Director Bank of Khyber (BoK), Mir Sohail Hashmat, Qurban Ali and Dr Rizwana Hashmat, and sister of Manzoor Hussain and Altaf Hussain expired here on Thursday afternoon. Her Namaz-e-J
Published 19 Apr, 2013 12:00am
Previous Day