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Dec 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2013-07-04
Sterling rises

Sterling rises

Sterling rose against the dollar on Wednesday after data showed that Britain's services sector had expanded at its fastest pace in more than two years, helping to reduce bets on immediate monetary easing. The Purchasing Managers' Index (PMI) for the servi
Published 04 Jul, 2013 12:00am
Janowicz makes Polish history with Wimbledon semi spot

Janowicz makes Polish history with Wimbledon semi spot

Jerzy Janowicz became the first Polish man to reach a Grand Slam semi-final on Wednesday when he defeated compatriot Lukasz Kubot 7-5, 6-4, 6-4 in the Wimbledon quarter-finals. The 22-year-old will face either second seed Andy Murray or unseeded Spaniard
Published 04 Jul, 2013 12:00am
Djokovic, Del Potro advance to semi-final clash

Djokovic, Del Potro advance to semi-final clash

Novak Djokovic will face Juan Martin del Potro in the Wimbledon semi-finals after the world number one clinched his 13th consecutive Grand Slam last-four spot with a 7-6 (7/5), 6-4, 6-3 victory over Tomas Berdych on Wednesday. Djokovic is yet to drop a se
Published 04 Jul, 2013 12:00am
Disgruntled Kaneria protests appeal loss

Disgruntled Kaneria protests appeal loss

Former Pakistan leg-spinner Danish Kaneria said Wednesday he was "disgusted" by England's decision to uphold his life ban for spot-fixing, and claimed he was being victimised. An appeal panel of the England and Wales Cricket Board discipline commission up
Published 04 Jul, 2013 12:00am
Swann spins England to victory

Swann spins England to victory

Graeme Swann gave Australia a timely reminder of his ability by taking five wickets as England warmed-up for next week's first Ashes Test with a 228-run win over Essex on Wednesday. Essex, set a second innings target of 415 to win at their Chelmsford head
Published 04 Jul, 2013 12:00am
Pakistan cricket at lowest point: Sethi

Pakistan cricket at lowest point: Sethi

Pakistan cricket has reached its lowest point, its interim chief said Wednesday, calling for a string of defeats, cheating allegations, teams refusing to tour and court cases to be resolved quickly. "Our cricket has reached the lowest ground," Pakistan Cr
Published 04 Jul, 2013 12:00am
FIFA again bans Iraq from hosting friendlies

FIFA again bans Iraq from hosting friendlies

FIFA on Wednesday barred Iraq from hosting international football friendlies due to a massive surge in nation-wide violence, barely three months after world football's governing body gave Baghdad the go-ahead. The Iraqi Football Association (IFA) was info
Published 04 Jul, 2013 12:00am
Watson celebrates opening recall with warm-up ton

Watson celebrates opening recall with warm-up ton

Australia's Shane Watson marked new coach Darren Lehmann's decision to restore him to the top of the order by scoring a century in the tourists' final Ashes warm-up match against Worcestershire on Tuesday. Under recently sacked coach Mickey Arthur, all-ro
Published 04 Jul, 2013 12:00am
Tharanga on high as Sri Lanka hammer India

Tharanga on high as Sri Lanka hammer India

Upul Tharanga plundered the highest individual score in a one-day international (ODI) in the Caribbean as Sri Lanka steamrollered India by 161 runs in the third match of the Tri-Series at Sabina Park on Tuesday. Replying to Sri Lanka's mammoth 348 for one
Published 04 Jul, 2013 12:00am
Kiwi quick Martin retires

Kiwi quick Martin retires

New Zealand paceman Chris Martin announced his retirement Wednesday, bowing out as the third highest Test wicket-taker in Black Caps' history. Martin played 71 Tests for New Zealand over an international career spanning more than 12 years, claiming 233 wi
Published 04 Jul, 2013 12:00am
Former Romanian premier dies

Former Romanian premier dies

Former Romanian prime minister Radu Vasile, who mediated a violent miners' protest in 1999 and hosted John Paul II during the first visit by a pope to a Christian Orthodox country, died Wednesday aged 70, his family announced. Vasile, a historian, poet an
Published 04 Jul, 2013 12:00am
Italian oil rig sinks near Congo River estuary

Italian oil rig sinks near Congo River estuary

A Bulgarian oil worker was missing on Wednesday after an offshore rig belonging to Italy's Saipem sank off the coasts of Angola and Democratic Republic of Congo after the seabed collapsed. Saipem said the drilling rig began tilting on Monday and fell on T
Published 04 Jul, 2013 12:00am
Turkey summons US diplomat over spying claims

Turkey summons US diplomat over spying claims

Turkey on Wednesday summoned the US embassy's number two diplomat over allegations that Washington spied on a number of embassies and missions including Turkey's, the foreign ministry said. Turkey demanded an "explanation" from US charge d'affaires Jess B
Published 04 Jul, 2013 12:00am
Bolivia fury after presidential jet diverted over Snowden row

Bolivia fury after presidential jet diverted over Snowden row

Bolivia's President Evo Morales was heading home Wednesday after his plane was searched in Vienna on suspicion of harbouring fugitive US intelligence leaker Edward Snowden, prompting outrage from his government and other Latin American leaders. As he prep
Published 04 Jul, 2013 12:00am
Top Russian Islamist calls for attacks on Sochi Games

Top Russian Islamist calls for attacks on Sochi Games

Russia's top Islamist leader Doku Umarov called in a video released on Wednesday for militants to stage attacks against a range of targets that include the 2014 Sochi Olympic Games. The message comes seven months before the international sports event is d
Published 04 Jul, 2013 12:00am
Rouhani urges end to meddling in private lives

Rouhani urges end to meddling in private lives

President-elect Hassan Rouhani called on Wednesday for the government and powerful clergy to end interference in the private lives of the Iranian people, free up Internet access and allow state media to be more open about Iran's problems. Rouhani's commen
Published 04 Jul, 2013 12:00am
Turkish court blocks disputed park project

Turkish court blocks disputed park project

A Turkish court has cancelled an Istanbul building project backed by Prime Minister Tayyip Erdogan which provided the trigger for nation-wide anti-government demonstrations last month, a copy of the court decision showed. Authorities may well appeal again
Published 04 Jul, 2013 12:00am
China, Russia to hold naval drills

China, Russia to hold naval drills

China and Russia will hold their second joint naval exercises from Friday, state media said, as Beijing and Tokyo row over disputed islands in the East China Sea. The drills come as China's maritime power increases - its first aircraft carrier went into s
Published 04 Jul, 2013 12:00am
Britain bans herbal drug khat

Britain bans herbal drug khat

British Home Secretary Theresa May on Wednesday announced a ban on the herbal stimulant khat, going against the advice of her own experts who said such a move was disproportionate. Khat is to be classified as a Class C drug alongside ketamine and benzodia
Published 04 Jul, 2013 12:00am
Former Olympus execs avoid jail over Japan loss cover-up

Former Olympus execs avoid jail over Japan loss cover-up

A Japanese court on Wednesday handed suspended sentences to three former Olympus executives accused of engineering a massive accounting fraud at the camera and medical equipment maker. Prosecutors had asked that sacked company president Tsuyoshi Kikukawa
Published 04 Jul, 2013 12:00am
Britain unveils plans to charge migrants for healthcare

Britain unveils plans to charge migrants for healthcare

Britain announced plans on Wednesday to charge migrants hundreds of pounds a year to access its state-run National Health Service (NHS), in a bid to clamp down on so-called health tourism. Health Secretary Jeremy Hunt also proposed to stop giving visitors
Published 04 Jul, 2013 12:00am
Iraq attacks kill 123 in three days

Iraq attacks kill 123 in three days

Attacks in Iraq killed 14 people on Wednesday, the latest in a wave of bloodshed mostly targeting Shia Muslims that has left 123 dead in the past three days amid fears the country is slipping back into all-out war. The surge in violence has also wounded m
Published 04 Jul, 2013 12:00am
Belgium's King Albert II abdicates in favour of his son

Belgium's King Albert II abdicates in favour of his son

Belgium's King Albert II announced his abdication Wednesday in favour of his son, saying that after two decades at the helm of the tiny country he felt too old and frail to continue. "I intend to abdicate on July 21," Belgium's national day, the sovereign
Published 04 Jul, 2013 12:00am
ICE cotton futures down as lack of mill buying weighs on prices

ICE cotton futures down as lack of mill buying weighs on prices

Cotton futures fell on Tuesday, as mills held off buying following a short-lived rally during the previous session and investor liquidation and a stronger US dollar pressured prices. The most-active December cotton contract on ICE Futures US edged down 0.
Published 04 Jul, 2013 12:00am
Shanghai copper rallies

Shanghai copper rallies

The most-traded October copper contract on the Shanghai Futures Exchange rallied 1.22 percent to close at 50,550 yuan ($8,200) a tonne on Wednesday fuelled by short covering and bottlenecks in supply, although sluggish global growth eroded demand prospect
Published 04 Jul, 2013 12:00am
Copper rises to two-week high

Copper rises to two-week high

Copper prices rose to their highest level in two weeks on Wednesday, spurred by bottlenecks in supply, increased purchases by Chinese importers in June and upbeat US labour market data. Copper has pared some of June's steep losses as mine shutdowns have c
Published 04 Jul, 2013 12:00am
US crude ends at 14-month high

US crude ends at 14-month high

Oil prices ended higher for a third consecutive day on Wednesday, with the New York contract settling at a 14-month high, as traders fretted about unrest in Egypt and reacted to rapidly tightening supplies in the US domestic market. While oil prices pushe
Published 04 Jul, 2013 12:00am
Tokyo rubber slips

Tokyo rubber slips

Tokyo rubber futures slipped lower on Wednesday as investors took profits after recent highs, but firmer oil prices lent support, dealers said. The benchmark rubber contract on the Tokyo Commodity Exchange for December delivery dropped 0.6 yen to settle a
Published 04 Jul, 2013 12:00am
Wheat and corn gain

Wheat and corn gain

Chicago Board of Trade wheat and corn futures notched tepid gains on Tuesday on bargain buying after sharp declines following bearish crop data released late last week by the US Department of Agriculture. "We got oversold and have exhausted the selling fo
Published 04 Jul, 2013 12:00am
Palm oil gains

Palm oil gains

Malaysian palm oil futures edged up on Wednesday amid hopes stocks could have dropped in June, but gains were limited by concerns about rising output in the world's No 2 producer. Rising exports could ease stocks further from May's 1.82 million tonnes, th
Published 04 Jul, 2013 12:00am
Cocoa futures surge

Cocoa futures surge

ICE cocoa futures posted the biggest one-day gain in nearly three months on Wednesday on technical buying, while ICE arabica coffee sank the most in two weeks on selling in top grower Brazil that has pushed global prices to an almost four-year low. ICE ra
Published 04 Jul, 2013 12:00am
Gold slips in New York

Gold slips in New York

Gold slipped from earlier highs on Tuesday, ending lower as the dollar strengthened and investors looked for further indications that the US Federal Reserve may soon end or taper its economic stimulus programme. Many participants are on hold until Friday'
Published 04 Jul, 2013 12:00am
Gold edges up in Asia

Gold edges up in Asia

Gold edged higher in thin trade on Wednesday as Asian stocks eased and following comments by two US Federal Reserve officials that the central bank's economic stimulus could continue for some time. But investor sentiment remained dour as outflows from exc
Published 04 Jul, 2013 12:00am
Gold extends gains

Gold extends gains

Gold rose more than one percent on Wednesday, as the dollar and equity markets remained under pressure after mixed US data, while investors looked for further clues over the Fed's stimulus tapering. Volumes thinned as traders were reluctant to take big po
Published 04 Jul, 2013 12:00am
US MIDDAY: wheat soars

US MIDDAY: wheat soars

US wheat rose over 1 percent on Wednesday on reports that China has bought large quantities of wheat from Australia and the United States. Wheat also traded higher on a bargain buying spree after a one year low hit earlier in the week. Soyabeans advanced
Published 04 Jul, 2013 12:00am
US MIDDAY: gold surges

US MIDDAY: gold surges

Gold rose almost one percent on Wednesday, as the dollar remained under pressure after mixed US data and political turmoil in Egypt and Portugal triggered safe haven buying. Volumes thinned as traders were reluctant to take big positions ahead of the US I
Published 04 Jul, 2013 12:00am
Kari: a theatre play to be staged at PNCA today

Kari: a theatre play to be staged at PNCA today

A theatre play based on honour crimes and unjust customs against women titled 'Kari' will be staged on Thursday (today) at Islamabad. Community Appraisal and Motivation Programme (Camp) in collaboration with Ajoka Theatre and the Pakistan National Council
Published 04 Jul, 2013 12:00am
Federal government urged to take up workers' issue with Saudi Arabia

Federal government urged to take up workers' issue with Saudi Arabia

Khyber Pakhtunkhwa Minister for Labour, Industries and Technical Education, Bakht Baidar, has asked federal government to take up the matter of unjustified harassment of expats Pakistanis diplomatically with Saudi Arabian authorities to stop the expulsion
Published 04 Jul, 2013 12:00am
USAID funded Programme: FR contractors irked by non-payment of dues

USAID funded Programme: FR contractors irked by non-payment of dues

The government contractors from Frontier Region Peshawar have dismayed over non-payment of dues for execution of several small-scale development schemes, under the Fata Secretariat Programme, warned that if the disbursement was not made within a week, wou
Published 04 Jul, 2013 12:00am
Yousufzai appointed spokesman for Khyber Pakhtunkhwa government

Yousufzai appointed spokesman for Khyber Pakhtunkhwa government

The Khyber Pakhtunkhwa government has issued directives to all the departments to note that the Minister for Health and Information Shaukat Ali Yousufzai will be the spokesperson of the provincial government and he will be the only authorised person to sp
Published 04 Jul, 2013 12:00am
EU envoy calls on Dar

EU envoy calls on Dar

European Union Ambassador Lars-Gunnar Wigemark called on Finance Minister Senator Mohammad Ishaq Dar here on Wednesday and discussed with him wide range of issues aimed at further strengthening economic relations between Pakistan and the European Union.
Published 04 Jul, 2013 12:00am
Khyber Pakhtunkhwa doctors withdraw strike call

Khyber Pakhtunkhwa doctors withdraw strike call

Provincial Doctors Association (PDA), Khyber Pakhtunkhwa on Wednesday withdrew their strike call after holding successful talks with Provincial Minister for Health Shaukat Ali Yousufzai and assurance to accept their all demands on priority basis. The deci
Published 04 Jul, 2013 12:00am
'Government to formulate policy regarding technical training'

'Government to formulate policy regarding technical training'

Minister of State for Education, Training and Standards in Higher Education, Engineer Baligh-ur-Rehman has said that the government would soon formulate a policy that would not only help increase the number of training opportunities, but also help ensure
Published 04 Jul, 2013 12:00am
German grant for vocational training programme

German grant for vocational training programme

Dr Tilo Klinner, Consul General of Federal Republic of Germany, handed over a cheque for Rs 2,649,000 to Yacoob Zamindar, Chairman SOS Sindh for the purchase of equipment and furnishing of refrigeration and air-conditioning workshop and upgrading of weldi
Published 04 Jul, 2013 12:00am
Askari Bank Limited

Askari Bank Limited

Askari Bank (AKBL) was incorporated in Pakistan as a public limited company in October 1991. It started its commercial operations in April 1992. Since inception, the bank has concentrated on growth through improving service quality, investment in technolo
Published 04 Jul, 2013 12:00am
Askari Bank Limited

Askari Bank Limited

Askari Bank (AKBL) was incorporated in Pakistan as a public limited company in October 1991. It started its commercial operations in April 1992. Since inception, the bank has concentrated on growth through improving service quality, investment in technolo
Published 04 Jul, 2013 12:00am
Family disputes: woman torches husband alive

Family disputes: woman torches husband alive

A woman torched her husband alive over family disputes by splashing petrol on him here in the wee hours Wednesday. According to details, Sumera, stated to be mother of three children hailing from Muhammadpura area of Kotwali police station jurisdiction, t
Published 04 Jul, 2013 12:00am
LHC provides books to all district, tehsil bars

LHC provides books to all district, tehsil bars

The Lahore High Court (LHC) is providing books to all the District and Tehsil Bar Associations for their libraries. So far 56 districts, tehsil bars have been provided books. Justice Sheikh Najam-ul-Hassan, Justice Manzoor Ahmad Malik, Justice Ijazul Ahsa
Published 04 Jul, 2013 12:00am
Agriculture degree programmes: evaluation, accreditation function of HEC

Agriculture degree programmes: evaluation, accreditation function of HEC

External evaluation and accreditation of the agriculture degree programmes is the mandatory function of the National Agriculture Education Accreditation Council (NAEAC) of HEC. Accreditation, rating process is carried-out through validation of reports of
Published 04 Jul, 2013 12:00am
Pakistani entrepreneurs urged to use opportunities in Uruguay

Pakistani entrepreneurs urged to use opportunities in Uruguay

Uruguay is the fifth largest economy of Latin America with favourable business climate and Pakistani entrepreneurs should explore Uruguay for business opportunities, investment and joint ventures. Juan Carlos Ojeda, Ambassador of Uruguay, said during his
Published 04 Jul, 2013 12:00am
Many companies willing to invest in energy sector: Shahbaz

Many companies willing to invest in energy sector: Shahbaz

Punjab Chief Minister Shahbaz Sharif on Wednesday while talking to the representative delegation of International Galaxy Renewable Energy Company said that loadshedding is the biggest problem of Pakistan and our first and last priority is energy, energy a
Published 04 Jul, 2013 12:00am
AIGP issues directives to Traffic police

AIGP issues directives to Traffic police

Syed Zahi Hussain Additional Inspector General of Police (AIGP), Traffic Sindh Karachi issued the following directives to Traffic Police Karachi for developing the system of traffic management including traffic cognition, road accidents, road safety, etc.
Published 04 Jul, 2013 12:00am
Seventh convocation of SAU held

Seventh convocation of SAU held

7th convocation of Sindh Agriculture University (SAU) Tandojam was held here on Wednesday at the main auditorium. Vice-Chancellor Sindh Agriculture University Tandojam called upon the students of Agriculture University to acquire the modern day science an
Published 04 Jul, 2013 12:00am
300 more CCTV cameras to be installed in Karachi

300 more CCTV cameras to be installed in Karachi

At least three hundred more CCTV cameras would be installed in Karachi before the holy month of Ramazan facilitating the city police for an effective monitoring and surveillance. Sources said that the provincial authorities have started taking measures fo
Published 04 Jul, 2013 12:00am
329 suspects arrested during last six months

329 suspects arrested during last six months

Crime Investigation Department (CID) on Wednesday claimed to have arrested 329 suspects during last six months. This was stated by CID officials during five-day workshop on anti-terrorism at CPO. The workshop was attended by high police officials includin
Published 04 Jul, 2013 12:00am
Teachers protest non-payment of salaries

Teachers protest non-payment of salaries

Teaching and non-teaching staff (BPS 1-14) of Sindh Education department, who were appointed in 2012, on Wednesday staged a protest rally under the banner of New Teachers Action Committee (NTAC) against non-payments of their salaries for the last 11 month
Published 04 Jul, 2013 12:00am
PPCBL announces 8th recovery package for NPLs since 1977

PPCBL announces 8th recovery package for NPLs since 1977

The Punjab Provincial Co-operative Bank Ltd has announced eighth recovery package for non-performing loans (NPLs) to speed up its drive to recover bad loans from defaulters including co-operative societies since 1977. PPCBL Spokesman Rana Irshad Ali said
Published 04 Jul, 2013 12:00am
EPZ to be established in Lasbella

EPZ to be established in Lasbella

After establishing Export Processing Zones (EPZ) in natural resources rich areas of Balochistan like Duddar, Saindak and Gwadar EPZ is pursuing with authorities to establish EPZ in Lasbella. This will open a new avenue in the progress of Balochistan and d
Published 04 Jul, 2013 12:00am
Three more peacocks die in Tharparkar

Three more peacocks die in Tharparkar

At least three more peacocks died due to Newcastle disease locally known as "Ranikhet" and more than 40 others affected here on Wednesday. According to details, the contagious disease had so far killed 77 precious peacocks in different areas of Tharparkar
Published 04 Jul, 2013 12:00am
New fishing season begins amid fears of rough sea

New fishing season begins amid fears of rough sea

New fishing season-2013-14 on Wednesday began in the province prematurely, amid fears over the unabated hunting hits the marine life. The Fishermen Co-operative Society (FCS) organised a fishermen gathering at Karachi Fish Harbour to celebrate the opening
Published 04 Jul, 2013 12:00am
UBL Principal Protected Fund 2 launched

UBL Principal Protected Fund 2 launched

After the successful introduction of UBL Principal Protected Fund 1(UPPF-1) and the UBL Islamic Principal Preservation Fund 1 (UIPPF-1), UBL Funds has launched another fund under the principal protected series by the name of UBL Principal Protected Fund 2
Published 04 Jul, 2013 12:00am
UBL Principal Protected Fund 2 launched

UBL Principal Protected Fund 2 launched

After the successful introduction of UBL Principal Protected Fund 1(UPPF-1) and the UBL Islamic Principal Preservation Fund 1 (UIPPF-1), UBL Funds has launched another fund under the principal protected series by the name of UBL Principal Protected Fund 2
Published 04 Jul, 2013 12:00am
Kati asks government to stop corruption

Kati asks government to stop corruption

Parton-in-Chief Korangi Association of Trade and Industry (Kati), S M Muneer, Chairman, Mohammad Zubair Chhaya, President, All Karachi Industrial Alliance, Mian Zahid Hussain, and Vice Chairmen, Najmul Arfeen and Niaz Ahmed has demanded government to take
Published 04 Jul, 2013 12:00am
Gunmen kill man in Sibi

Gunmen kill man in Sibi

Gunmen killed a man in Tali area of Sibi district here on Wednesday, police said. Sabir Ali died instantly when armed men who barged into his house opened fire at him. The assailants managed to escape. Soon after the incident, police reached the site and
Published 04 Jul, 2013 12:00am
PHMA sends SOS to CEO KESC: site area faces unannounced power outages

PHMA sends SOS to CEO KESC: site area faces unannounced power outages

Export-oriented textile manufacturing units in Site area of the city are facing power outages for the last 24 hours. Pakistan Manufacturing and Exporters Association (PHMA) dispatched a letter to CEO of KESC, complaining of electricity cut to Site industr
Published 04 Jul, 2013 12:00am
PHDEC accused of not playing its due role

PHDEC accused of not playing its due role

Pakistan Horticulture Development and Export Company (PHDEC), which is mandated to enhance the export of Pakistan's horticulture products, has, like other public sector enterprises (PSEs) degenerated into a state of profligacy and appears in messy disorde
Published 04 Jul, 2013 12:00am
FC arrests two alleged miscreants

FC arrests two alleged miscreants

Frontier Corps Balochistan arrested two alleged miscreants from Killi Nasraan of Kuchlak area, in the outskirts of the provincial capital on Wednesday. An FC press release here said the accused had been arrested during a search operation and a cache of ar
Published 04 Jul, 2013 12:00am
KW&SB establishes three sodium hypochlorite plants

KW&SB establishes three sodium hypochlorite plants

Karachi Water and Sewerage Board(KW&SB) has established three sodium hypo chlorite plants, on experimental basis, to ensure standard chlorine level in the water supply and water utility. KW&SB is considering use of sodium hyper chlorite instead of use of
Published 04 Jul, 2013 12:00am
Defaulting builders: KW&SB launches recovery drive

Defaulting builders: KW&SB launches recovery drive

During the grand recovery operation against defaulting builders Karachi Water & Sewerage Board Recovery team disconnecting water and sewerage connections confiscated motors of 4 plazas. These plazas are defaulted of more than 7 millions rupees collectivel
Published 04 Jul, 2013 12:00am
Haier extends Khushionkibharmar scheme

Haier extends Khushionkibharmar scheme

With the enthusiasm of participants and the market response growing way beyond expectations, Haier has decided to extend its khushionkibharma offer. With a ten-day extension, the scheme will now conclude on the 10th of July. The offer is a simple "scratch
Published 04 Jul, 2013 12:00am
Bank Alfalah, UnionPay International launch UPI cards

Bank Alfalah, UnionPay International launch UPI cards

Bank Alfalah, which is the largest acquirer of plastics in Pakistan, and UnionPay International have launched the acceptance of UnionPay Cards in Pakistan. Through this strategic alliance which further expands Bank Alfalah's acquiring footprint, UnionPay
Published 04 Jul, 2013 12:00am
Sindh chief minister to open 'My-Karachi' exhibition today

Sindh chief minister to open 'My-Karachi' exhibition today

The Karachi Chamber of Commerce and Industry (KCCI) has finalised arrangements for its 10th international three-day exhibition 'My-Karachi, Oasis of Harmony 2013', which will be held at Karachi Expo Centre from July 5. The chamber has invited Sindh Chief
Published 04 Jul, 2013 12:00am
No let-up in terror attacks

No let-up in terror attacks

Terror attacks have witnessed a sharp increase in the country since Pakistan Muslim League (PML-N) government came into power, with 154 people losing their lives and 251 injured during 10 terror incidents that have occurred in the last 28 days in various
Published 04 Jul, 2013 12:00am
Umrah visas for Pakistanis from today

Umrah visas for Pakistanis from today

Saudi Arabia will start issuance of Umrah visas for Pakistanis from today (Thursday). This year, the Saudi government made many basic changes in the policy regarding issuance of visas for Umrah. According to the new policy, a visa-holder will have to trav
Published 04 Jul, 2013 12:00am
Many Pakistanis held up at Bangkok Airport

Many Pakistanis held up at Bangkok Airport

A large number of Pakistanis has been held up at Bangkok Airport and not being allowed to enter into Thailand for unknown reasons. According to a report, these Pakistanis are being kept by the immigration officials in a room like a jail for the last sever
Published 04 Jul, 2013 12:00am
Administration asked to take steps towards resolution of issues

Administration asked to take steps towards resolution of issues

Traders' community asked the district administration to take effective steps for amicable resolution of their issues, particularly law and order, traffic problems and encroachment; they assured to extend every possible support in this regard.
Published 04 Jul, 2013 12:00am
President for continuation of Fata reform process

President for continuation of Fata reform process

President Asif Ali Zardari Wednesday stressing continuation of reform process in Fata said people of the area need to be given due rights, as they have suffered at the hands of criminals, Taliban and drone strikes. Addressing a convention of the people of
Published 04 Jul, 2013 12:00am
Students protest against closure of hostels

Students protest against closure of hostels

Dozens of medical students on Wednesday staged a protest demonstration against the closure of hostels here at main Saddar road outside Peshawar Press Club. The demonstrating students of Khyber Medical College (KMC), Peshawar led by Jawad Ahmad, Nasir Ali,
Published 04 Jul, 2013 12:00am
Salman Farooqui: Supreme Court seeks record

Salman Farooqui: Supreme Court seeks record

The Supreme Court on Wednesday directed relevant authorities to submit specific notifications on postings, transfers, deputations and termination from services of government employees and advisors during the tenure of the last caretaker government.
Published 04 Jul, 2013 12:00am
Khattak asks department to finalise draft of Access to Information Bill

Khattak asks department to finalise draft of Access to Information Bill

Khyber Pakhtunkhwa Chief Minister Pervez Khattak has directed the information department to finalise the draft of the proposed. Access to Information Bill as soon as possible so that it could be approved from the competent forum and enforced without furth
Published 04 Jul, 2013 12:00am
Mild quake hits Khyber Pakhtunkhwa, Punjab

Mild quake hits Khyber Pakhtunkhwa, Punjab

A moderate 5.1 earthquake was felt in the parts of Khyber Pakhtunkhwa and Punjab and Islamabad on Wednesday. According to the meteorological department, the cities where the tremors were felt include Malakand, Mardan, Swat, Chitral, Islamabad, Rawalpindi
Published 04 Jul, 2013 12:00am
SCCI hails special tax on Afghan transit trade

SCCI hails special tax on Afghan transit trade

Chairman, Sarhad Chamber of Commerce and Industry Standing committee on Railways dry-port, Ziaul Haq Sarhadi welcomed the Khyber Pakhtunkhwa government step for imposition of special 1 per cent tax on the goods transiting via Torkhum to Afghanistan, under
Published 04 Jul, 2013 12:00am
Falling forex

Falling forex

Country's falling foreign exchange reserves would be a great cause of concern for the government in Pakistan. Although, liquid foreign exchange reserves meet the international adequacy standards, in terms of import and short-term debt coverage, lumpy IMF
Published 04 Jul, 2013 12:00am
Egypt protesters put faith in army to end crisis

Egypt protesters put faith in army to end crisis

Crowds of opponents of Egyptian President Mohammed Morsi cheered as army helicopters bearing military flags roared over their heads in central Cairo's Tahrir Square. "The people, the police and the army are one hand," pensioner Mustafa yelled delightedly.
Published 04 Jul, 2013 12:00am
Confronting economic challenges

Confronting economic challenges

Pakistanis are entitled to congratulations on their courage and will to install a democratic government in Pakistan. Despite all threats people from all walks of life participated in elections and voted for the parties of their choice and as a result of w
Published 04 Jul, 2013 12:00am
VIEW POINT: Needed a political compact of ethics

VIEW POINT: Needed a political compact of ethics

Prime Minister Nawaz Sharif has sent a letter to federal ministers and secretaries telling them that corruption being a hurdle in the way of serving the masses, removal of this menace is his government's top priority. There is no room for corrupt and non-
Published 04 Jul, 2013 12:00am
Federalism in Afghanistan

Federalism in Afghanistan

Hopefully, the much-frenzied Kabul propaganda that Islamabad is for a Taliban-controlled 'fiefdom' in Afghanistan is put paid by the point-blank refutation made by the Foreign Office that any such move is or was in the offing. But one is not sure if Presi
Published 04 Jul, 2013 12:00am
Putin on gas pricing

Putin on gas pricing

The occasional meetings of the Gas Exporting Countries Forum (GECF) are designed to group the natural gas producers into a tight-knit community of nations resembling the Opec oil cartel. Hosting a summit with leaders from some of the world's top energy st
Published 04 Jul, 2013 12:00am
Development without planning creates problems: minister

Development without planning creates problems: minister

Punjab Education Minister Rana Mashhood Ahmed Khan said that development is a good thing but more problems are created if development projects are started without comprehensive planning. He was addressing a two-day "National Stakeholders' Conference on La
Published 04 Jul, 2013 12:00am
Domestic cement despatches cross historic milestone

Domestic cement despatches cross historic milestone

Domestic cement despatches crossed 25 million tons in 2012-13 for the first time in Pakistan's history being 1.1 million tons higher than previous year's 23.95 million tons; however the stagnant exports marred the excellent performance of cement sector.
Published 04 Jul, 2013 12:00am
Importance of awareness about international trade laws highlighted

Importance of awareness about international trade laws highlighted

Understanding and awareness about international trade laws is important to protect domestic industry against unfair trade practices and ITC training would go a long way in strengthening the public and private sectors. The LCCI President Farooq Iftikhar an
Published 04 Jul, 2013 12:00am
Chinese delegation calls on Health secretary

Chinese delegation calls on Health secretary

A delegation of Bio-Medical Equipment Manufacturing Chinese Company "Mindry", led by its Managing Director Yinghong Zheng, which is currently on the visit of provincial metropolis called on Secretary Health Punjab Hassan Iqbal on Wednesday. Various aspect
Published 04 Jul, 2013 12:00am
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