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Nov 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2013-07-23
Warne officially retires

Warne officially retires

Australia great Shane Warne on Monday officially announced his retirement from the game, confirming he will not play with the Melbourne Stars in Australia's Big Bash League. The leg-spin legend, who was Friday inducted into the International Cricket Counc
Published 23 Jul, 2013 12:00am
USA routs El Salvador to reach semis

USA routs El Salvador to reach semis

The United States easily advanced to the Gold Cup semi-finals with a 5-1 win over El Salvador behind a balanced attack that saw five different players score goals. Landon Donovan led the attack on Sunday by scoring one goal and helping set up three others
Published 23 Jul, 2013 12:00am
Pakistan has no replacement for Misbah: Mohsin

Pakistan has no replacement for Misbah: Mohsin

Hailing Misbah-ul-Haq's stunning performance with the bat during the ongoing Pakistan-West Indies ODI series, former cricketer and chief selector Mohsin Hassan Khan has said that Pakistan have no replacement for the incumbent skipper. "Misbah has proved t
Published 23 Jul, 2013 12:00am
Pakistan's lightning assault sees off West Indies

Pakistan's lightning assault sees off West Indies

Inclement weather, the Duckworth/Lewis method and a lightning assault by Pakistan's middle-order batsmen stole the thunder from the West Indies as the visitors snatched the rain-affected fourth one-day international by six wickets on Sunday.
Published 23 Jul, 2013 12:00am
English cricketers move up in Test Rankings

English cricketers move up in Test Rankings

England players made big gains in the latest Reliance ICC Test Player Rankings, which were released on Monday, a day after Alastair Cook's side won the second Ashes Test against Australia at Lord's by 347 runs. The heroes of England's win - Ian Bell and J
Published 23 Jul, 2013 12:00am
Aamer Sohail wants youngsters to be treated justly

Aamer Sohail wants youngsters to be treated justly

Former skipper Aamer Sohail while complimenting Pakistan's impressive victory in fourth One-day International over West Indies in St. Lucia said that youngster are not properly groomed. "Our top order responded well which allowed us to overhaul West Indie
Published 23 Jul, 2013 12:00am
Life ban for Nigerians in match-fixing scandal

Life ban for Nigerians in match-fixing scandal

Players and officials of four Nigerian amateur clubs involved in two promotion play-off games that produced farcical 79-0 and 67-0 scorelines have been banned for life. A Nigeria Football Federation (NFF) committee investigating the results also recommend
Published 23 Jul, 2013 12:00am
India police file first charges in Cronje fixing scandal

India police file first charges in Cronje fixing scandal

Indian police filed charges on Monday over a match-fixing scandal involving the late South African captain Hansie Cronje, 13 years after the revelations sent shockwaves through the cricketing world. Police filed the charges in a New Delhi court against bo
Published 23 Jul, 2013 12:00am
Lehmann ready to wield axe after Lord's flop

Lehmann ready to wield axe after Lord's flop

Australia coach Darren Lehmann has warned his under-achieving stars that no-one is safe from the axe ahead of the must-win third Ashes Test. Lehmann's side trail 2-0 after Sunday's defeat in the second Test at Lord's, meaning Ashes-holders England can cli
Published 23 Jul, 2013 12:00am
Apple software developers site hacked

Apple software developers site hacked

Computer and software giant Apple said Sunday that it took its software developers website offline after it was hacked, warning that personal information about its users may have been stolen. "Last Thursday, an intruder attempted to secure personal inform
Published 23 Jul, 2013 12:00am
Facebook says app for 'simple' phones used by 100 million

Facebook says app for 'simple' phones used by 100 million

US social network giant Facebook said Monday it has surpassed 100 million users a month using an application designed for "simple" mobile phones widely used in developing nations. Launched two years ago, the "Facebook For Every Phone" app enables people t
Published 23 Jul, 2013 12:00am
EU blacklists Hezbollah 'military wing'

EU blacklists Hezbollah 'military wing'

European Union foreign ministers on Monday put the military wing of the Lebanese Shia group Hezbollah on its list of terrorist organisations despite Lebanon warning against such a move. At the same time, analysts voiced doubts about the effectiveness of t
Published 23 Jul, 2013 12:00am
Dubai pardons Norwegian in rape case

Dubai pardons Norwegian in rape case

A Norwegian woman sentenced to prison in Dubai after reporting she was raped was set free with a full pardon on Monday after her case sparked an outcry. Marte Dalelv, 24, expressed relief at the end of a four-month ordeal which had seen her prosecuted and
Published 23 Jul, 2013 12:00am
Germany seeks skilled migrants for some sectors

Germany seeks skilled migrants for some sectors

Germany Monday for the first time published a list of jobs it wants to fill with workers from outside the European Union to counter labour shortages in the ageing nation. The jobs include hospital nurses and caregivers for the elderly, robotics experts, e
Published 23 Jul, 2013 12:00am
Family of Morsi threaten legal action over 'abduction'

Family of Morsi threaten legal action over 'abduction'

The family of Egypt's ousted Islamist president, Mohamed Morsi, said on Monday it would take legal action against the army for abducting him. Morsi has been held at an undisclosed military facility since the army deposed him on July 3 and suspended the co
Published 23 Jul, 2013 12:00am
Any peace deal to be put to referendum, says Abbas

Any peace deal to be put to referendum, says Abbas

Palestinian president Mahmud Abbas said any future peace deal with Israel will be put to a referendum, in remarks published Monday, four days after Washington announced the resumption of negotiations. "Any agreement with the Israelis will be brought to a
Published 23 Jul, 2013 12:00am
WHO had asked India to ban toxin that killed children

WHO had asked India to ban toxin that killed children

The pesticide that killed 23 Indian schoolchildren last week is a nerve poison banned by many countries because of what the World Health Organisation (WHO) describes as its "high acute toxicity". As early as 2009, the United Nations health agency urged In
Published 23 Jul, 2013 12:00am
Former Italian finance minister sentenced to over nine years for graft

Former Italian finance minister sentenced to over nine years for graft

A former Italian finance minister was sentenced Monday to almost 10 years in prison in a political corruption case related to his time in local government. Ottaviano Del Turco was jailed for a month and forced to resign as governor of the central region o
Published 23 Jul, 2013 12:00am
US vice-president in India to talk Afghanistan, trade, defence

US vice-president in India to talk Afghanistan, trade, defence

US Vice President Joe Biden Monday began a four-day visit to India to discuss economic ties, trade, energy, climate change and defence co-operation, US officials said. He is to also discuss regional security, including the conflict in Afghanistan, with In
Published 23 Jul, 2013 12:00am
Al Qaeda militants flee Iraq jail in violent mass break-out

Al Qaeda militants flee Iraq jail in violent mass break-out

Hundreds of convicts, including senior members of al Qaeda, broke out of Iraq's Abu Ghraib jail as comrades launched a military-style assault to free them, authorities said on Monday. The deadly raid on the high-security jail happened as Sunni Muslim mili
Published 23 Jul, 2013 12:00am
Swiss court blocks bank data transfer to Italy

Swiss court blocks bank data transfer to Italy

A Swiss court has ordered Bern to stop transferring secret banking data to Italy in connection with a money laundering case, according to a ruling published Monday. The Federal Criminal Court ruled on June 28 that by co-operating with the Italians through
Published 23 Jul, 2013 12:00am
Italian doctors strike as cuts choke health service

Italian doctors strike as cuts choke health service

Thousands of Italian doctors went on strike Monday to protest cuts to the health service and poor job contracts which unions claim are putting standards of care at risk. Over 150 angry medics gathered for a sit-in outside the economy ministry during the f
Published 23 Jul, 2013 12:00am
Suicide bomber attacks Iraq army convoy, killing 25

Suicide bomber attacks Iraq army convoy, killing 25

A suicide bomber attacked an Iraqi army convoy in the northern city of Mosul early on Monday, killing at least 22 soldiers and three passers-by, police said. The bomber drove a vehicle packed with explosives up to a military convoy in the eastern Kokchali
Published 23 Jul, 2013 12:00am
Bodies of three women found in US

Bodies of three women found in US

The bodies of three women wrapped in plastic bags have been discovered in a midwestern US suburb and the search is on for more victims, police said Sunday. A suspect was arrested in connection with the grisly find in East Cleveland, in the state of Ohio.
Published 23 Jul, 2013 12:00am
At least 89 dead in China earthquakes

At least 89 dead in China earthquakes

Rescuers battled through landslides and clogged roads in a bid to reach victims of twin earthquakes in north-west China Monday which killed 89 people, injured almost 600 and damaged more than 20,000 buildings. The tremors in Gansu province - with magnitud
Published 23 Jul, 2013 12:00am
Australian and New Zealand dollars inch up

Australian and New Zealand dollars inch up

The Australian and New Zealand dollars ground higher on Monday, extending their recovery from recent lows as a sharp bounce in gold and bank interest-rate reforms in China underpinned demand. The Aussie nudged up to $0.9214 from $0.9174 on Friday in Sydne
Published 23 Jul, 2013 12:00am
Yen climbs in choppy trade in Asia

Yen climbs in choppy trade in Asia

The yen rose on Monday in choppy trading, having dipped initially after a big win by Japanese Prime Minister Shinzo Abe's ruling bloc in upper house elections gave Abe a stronger mandate for his reflationary economic policies. The widely expected victory
Published 23 Jul, 2013 12:00am
Early trade in New York: yen climbs to three-day high

Early trade in New York: yen climbs to three-day high

The yen rallied to a three-day high against the dollar on Monday after Japanese Prime Minister Shinzo Abe, as expected, won a decisive victory in elections for parliament's upper house, prompting some investors to sell dollar positions, which had already
Published 23 Jul, 2013 12:00am
Yen rises in London

Yen rises in London

The yen rose on Monday as investors booked profits on earlier bets against the currency after Prime Minister Shinzo Abe's decisive victory in elections for parliament's upper house. The election win, which was largely expected, may herald a rare bout of p
Published 23 Jul, 2013 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 77.75-77.76 (77.75-77.75). Call Money Rates: 07.25-07.50 percent (previous 05.50-08.00 percent).
Published 23 Jul, 2013 12:00am
Ringgit, Singapore dollar lead Asia FX on short-covering

Ringgit, Singapore dollar lead Asia FX on short-covering

Most emerging Asian currencies rose on a rebound in the yen on Monday in thin trading, while Chinese banking sector reforms and a pledge by Group of 20 financial chiefs to spur growth provided further support to regional currencies. The Malaysian ringgit
Published 23 Jul, 2013 12:00am
Yuan strengthens

Yuan strengthens

The yuan strengthened slightly in morning trade on Monday, the eighth anniversary of the currency's revaluation, but the exchange rate remained well within its 1 percent daily trading band. There was no significant reaction in the currency or money market
Published 23 Jul, 2013 12:00am
Sterling hits four-week high

Sterling hits four-week high

Sterling hit a four-week high against the dollar on Monday as expectations UK growth numbers would point to sustained recovery supported the currency. Analysts said markets were, however, unwilling to bet aggressively on more sterling strength with the Ba
Published 23 Jul, 2013 12:00am
Swiss franc unchanged

Swiss franc unchanged

The Swiss franc was largely unchanged against the dollar and the euro on Monday, with all three currencies trending lower against the Japanese yen after Japanese Prime Minister Shinzo Abe's ruling bloc scored a big win in upper house elections. The franc
Published 23 Jul, 2013 12:00am
Indian rupee weakens

Indian rupee weakens

The rupee weakened on Monday after government sources told Reuters that India is not considering issuing a sovereign bond to offshore investors right now, dampening hopes for large dollar fund inflows which could have changed the rupee's fortune. The Indi
Published 23 Jul, 2013 12:00am
Iran taps Caspian Sea route to bolster grain stocks

Iran taps Caspian Sea route to bolster grain stocks

Iran is approaching Kazakhstan and other Caspian Sea suppliers for fresh wheat deals after buying over 1 million tonnes in recent weeks from global markets as Tehran seeks to bolster strategic stocks after recent elections. Iran, once a wheat exporter, is
Published 23 Jul, 2013 12:00am
Shanghai copper rises

Shanghai copper rises

The most-traded November copper contract on the Shanghai Futures Exchange closed up 0.8 percent at 50,350 yuan ($8,200) a tonne on Monday helped by a softer dollar and a decision by top consumer China to remove controls on bank lending rates, which may he
Published 23 Jul, 2013 12:00am
Copper up 1.6 percent

Copper up 1.6 percent

Copper rose on Monday for a third day to its highest level in more than a month, boosted by higher Chinese copper imports, China's move to lift controls on lending rates and a weaker dollar. Three-month copper on the London Metal Exchange, untraded at the
Published 23 Jul, 2013 12:00am
Brent rises slightly, profit-taking cools WTI rally

Brent rises slightly, profit-taking cools WTI rally

US oil prices pulled back sharply from last week's 16-month high on Monday as traders locked in profits from a blistering rally that briefly sent US crude to a premium over Brent for the first time in nearly three years. European benchmark Brent increased
Published 23 Jul, 2013 12:00am
Tokyo rubber futures gain

Tokyo rubber futures gain

Tokyo rubber futures extended gains into a fourth session on Monday to close at a nearly seven-week high, supported by a firm Nikkei and reduction in rubber inventories at Japanese ports, traders said. The benchmark rubber contract on the Tokyo Commodity
Published 23 Jul, 2013 12:00am
Palm oil creeps up

Palm oil creeps up

Malaysian palm oil futures edged up in rangebound trade on Monday, fed by optimism that output in July could miss initial estimates, although sluggish exports damped investor appetite. Palm production in Malaysia, the world's No 2 producer, rose 2.3 perce
Published 23 Jul, 2013 12:00am
ICE arabica coffee, raw sugar rise

ICE arabica coffee, raw sugar rise

ICE arabica coffee and raw sugar futures rose on Monday as cold weather and rains in Brazil prompted short covering in markets that touched multi-year lows in the past month on expectations of big supplies in the world's top producer. Cocoa futures fell,
Published 23 Jul, 2013 12:00am
Gold jumps in Asia

Gold jumps in Asia

Gold gained 1.7 percent to a one-month high on Monday on technical buying after the US dollar slipped, but the precious metal is still down more than a fifth this year. Bullion's appeal as a hedge against inflation has been dented by expectations the US F
Published 23 Jul, 2013 12:00am
Gold breaks above key technical resistance

Gold breaks above key technical resistance

Gold hit its highest in a month on Monday, gathering momentum as a retreat in the dollar helped push prices through tough resistance at $1,322 an ounce and as fears abated that the US Federal Reserve will curb monetary easing. Buying gathered momentum aft
Published 23 Jul, 2013 12:00am
US MIDDAY: corn futures sag

US MIDDAY: corn futures sag

New-crop US corn futures fell for the fifth time in seven sessions on Monday as much of the Midwest had weekend showers and more rain is expected at a time when corn is starting to pollinate. But soyabean meal futures jumped to a new contract high over co
Published 23 Jul, 2013 12:00am
US MIDDAY: gold up three percent

US MIDDAY: gold up three percent

Gold hit a one-month high early on Monday, surging nearly 3 percent as a technical breakout above $1,300 an ounce triggered a rush by funds and speculators to buy back their bearish bets. The metal is on track to post its biggest three-day rally in over a
Published 23 Jul, 2013 12:00am
Grenade attack injures three in Kohat

Grenade attack injures three in Kohat

Unknown miscreants threw hand grenade on a house at Togh area in Kohat district, injuries three persons including two women on the spot, police said on Monday. The incident occurred at Paracha Town where miscreants hurdled a hand grenade on the house of S
Published 23 Jul, 2013 12:00am
HEC rebuts reports of embezzlement

HEC rebuts reports of embezzlement

Higher Education Commission (HEC) has rebutted reports regarding misappropriation in its accounts. In a statement issued here on Monday, the HEC clarified that the raised observations are not related to financial embezzlements but are about the procedural
Published 23 Jul, 2013 12:00am
Fauji Fertiliser Bin Qasim

Fauji Fertiliser Bin Qasim

The Company began its business in 1993 as Fauji Jordan Fertiliser Company (FJFC), a joint venture of Fauji Foundation, Fauji Fertiliser and Jordan Phosphate Mines Company (JPMC). It planned to produce, for the first time in Pakistan, 1,670 metric tons per
Published 23 Jul, 2013 12:00am
Fauji Fertiliser Bin Qasim

Fauji Fertiliser Bin Qasim

The Company began its business in 1993 as Fauji Jordan Fertiliser Company (FJFC), a joint venture of Fauji Foundation, Fauji Fertiliser and Jordan Phosphate Mines Company (JPMC). It planned to produce, for the first time in Pakistan, 1,670 metric tons per
Published 23 Jul, 2013 12:00am
Sindh, Islamabad: government fails to implement Consumer Protection Law

Sindh, Islamabad: government fails to implement Consumer Protection Law

There has been a failure to implement Consumer Protection Law in Sindh and federal capital, depriving consumers of their rights. There is a huge disparity in consumer protection laws across the country which is being exploited without any check by the aut
Published 23 Jul, 2013 12:00am
Malala Fund: Unesco, minister pledge to improve female education

Malala Fund: Unesco, minister pledge to improve female education

Qian Tang Assistant Secretary General (Education) of Unesco met Baleegh-ur-Rehman Minister of State for Education Training and Standards in Higher Education and discussed with him the modalities for the operationalisation of Malala Fund for Girls' right t
Published 23 Jul, 2013 12:00am
Draft CBRNE disaster management policy prepared

Draft CBRNE disaster management policy prepared

The government has prepared draft chemicals, biological, radiological, nuclear and explosives (CBRNE) Disaster Management Policy aimed at making preparations for quick response in a critical situation as prevailing security calculus is confronted with enh
Published 23 Jul, 2013 12:00am
Complaint cell set up

Complaint cell set up

The KP government has established a Complaint Cell in Finance Department, with a view to redress public grievances related to Finance Department and also to direct the quarter concerned for corrective actions accordingly. Masood Khan, Deputy Secretary (Re
Published 23 Jul, 2013 12:00am
Top APHC leaders still under detention

Top APHC leaders still under detention

In Indian Held Kashmir, all the top Hurriyet leadership continued to remain under house arrest or in police custody for the fifth consecutive day, today, in the aftermath of Indian troops' firing in Gool area of Ramban district that left four civilians de
Published 23 Jul, 2013 12:00am
Bugti murder case: verdict on Musharraf's bail plea reserved

Bugti murder case: verdict on Musharraf's bail plea reserved

The Balochistan High Court (BHC) on Monday reserved its verdict on former military ruler Pervez Musharraf's bail plea in the murder case of Baloch leader Nawab Akbar Bugti. Musharraf's counsel filed the bail plea in the BHC after an anti-terrorism court (
Published 23 Jul, 2013 12:00am
CCP appreciates compliance by Pak Suzuki Company

CCP appreciates compliance by Pak Suzuki Company

The Competition Commission of Pakistan (CCP) has appreciated compliance by Pak Suzuki Motor Company when it promptly responded to the concerned shared by the Commission. Since establishment (almost 6 years), the CCP is focused on corrective behaviour, sai
Published 23 Jul, 2013 12:00am
Man set on fire by in-laws

Man set on fire by in-laws

A man was shifted to hospital in a critical condition after he was set on fire by his in-laws here on Monday. According to police, Mairaj married with his relative few months ago but problems were created soon after the marriage and his wife returned back
Published 23 Jul, 2013 12:00am
Body formed to investigate illegal forest cutting

Body formed to investigate illegal forest cutting

Khyber Pakhtunkhwa Minister for Environment, Haji Ibrar Hussein on Monday said that an inquiry committee to probe into massive illegal forest cutting during previous government has been constituted. Addressing a public meeting in Shergarh, district Manseh
Published 23 Jul, 2013 12:00am
Be a Pakistani first

Be a Pakistani first

A unanimous resolution was passed by executive body of Hazara Chamber of Commerce and Industry (HCCI) in a meeting presided over by Engr. Jahanzeb Khan, condemning Senator Ilyas Bilour for spreading hatred between Punjabis and Pathans and earlier labellin
Published 23 Jul, 2013 12:00am
Quebec derailment town puts spotlight on rail oil transport

Quebec derailment town puts spotlight on rail oil transport

Gilles Orichefski says he always knew that the oil-laden trains chugging along the rail track behind his house were a disaster waiting to happen. From the porch of their hillside house on Laval Street in this picturesque town of 6,000 near the border with
Published 23 Jul, 2013 12:00am
Transparency works

Transparency works

Recently, former Prime Minister Yousuf Raza Gilani told the media that PPP lost the 2013 general election because of pre-poll "rigging" which, according to him, took the form of accountability of the President, himself and Raja Pervez Ashraf. That's what
Published 23 Jul, 2013 12:00am
Current Account: all good news

Current Account: all good news

After narrowing of trade deficit, a modest rise in home remittances and doubling of aggregate foreign investment, it was expected that current account deficit of the country would worsen during FY13. According to the data released by the State Bank on 18t
Published 23 Jul, 2013 12:00am
LB polls

LB polls

Monopolistic control of levers of state power being a basic instinct of our rulers, both elected and unelected, the devolution of power from the federal and provincial governments to the grassroots is invariably grudged by the governments of the day. If a
Published 23 Jul, 2013 12:00am
Presidential election: Saad, Baloch hold talks

Presidential election: Saad, Baloch hold talks

Federal Minister for Railways, Khwaja Saad Rafique called on the Jamaat-i-Islami Secretary General Liaqat Baloch, at his residence here on Monday and sought the support of the JI's Assembly members for the PML-N's presidential candidate. On the occasion,
Published 23 Jul, 2013 12:00am
Government condemns attack on Bibi Zainab's shrine

Government condemns attack on Bibi Zainab's shrine

The Government of Pakistan on Monday strongly condemns the deliberate and wanton attack on the holy sites including the recent attack on Bibi Zainab's (RA) shrine on July 19 in Damascus. The trend of desecration of the holy sites has hurt the sentiments o
Published 23 Jul, 2013 12:00am
Security arrangements for courts: IGP asked to file detailed report

Security arrangements for courts: IGP asked to file detailed report

Lahore High Court Chief Justice Umar Ata Bandial has directed Inspector General of Police (IGP) Khan Baig to file a comprehensive report in the court about details of attacks on courts premises, arrest of accused and action taken in this regard against de
Published 23 Jul, 2013 12:00am
Khyber Pakhtunkhwa to introduce e-governance for transparency: Khattak

Khyber Pakhtunkhwa to introduce e-governance for transparency: Khattak

Khyber Pakhtunkhwa Chief Minister Pervez Khattak said that the government has devised a mechanism for introduction of E-governance system, and to fully exploit benefits from information technology, saying that the step would ensure transparency and brinin
Published 23 Jul, 2013 12:00am
Government asked by LHC to explain why Lesco CEO transferred

Government asked by LHC to explain why Lesco CEO transferred

Chief Justice Lahore High Court (LHC) Umar Ata Bandial has directed the federal government to apprise the court as to why the former chief of Lahore Electric Supply Company (Lesco), Muhammad Saleem, was transferred when he was working to stop electricity
Published 23 Jul, 2013 12:00am
26 AD&SJs transferred, posted

26 AD&SJs transferred, posted

The Chief Justice of the Lahore High Court has made transfer and posting among 26 Additional District & Sessions Judges. According to a notification issued here AD&SJ Muhammad Mohsin Raza Khan has been transferred from Minchinabad to Burewala, Muhammad Iq
Published 23 Jul, 2013 12:00am
Rizvi criticises Imran's statement about MQM

Rizvi criticises Imran's statement about MQM

Muttahida Qaumi Movement (MQM) leader Haider Abbas Rizvi strongly criticised Imran Khan's statement and said that the PTI leader was attempting to save his declining popularity among the people by levelling allegations against MQM. He claimed that PTI fai
Published 23 Jul, 2013 12:00am
Maternal deaths rate declines worldwide: WHO

Maternal deaths rate declines worldwide: WHO

The number of maternal deaths has decreased from more than 540,000 deaths in 1990 to less than 290,000 in 2010 with a decline rate of 47 percent. According to World Health Organisation's (WHO), World health statistics 2012 report, the world has made signi
Published 23 Jul, 2013 12:00am
Wassan for efforts towards maintaining law, order

Wassan for efforts towards maintaining law, order

Provincial Minister Manzoor Hussain Wassan here on Monday said that the `Qabza mafia', extremists were marring the law and order situation in Karachi and that the restoration of peace was the collective responsibility of all of us. He stated that the netw
Published 23 Jul, 2013 12:00am
IPPs payments: PPP asks Dar to come out clean

IPPs payments: PPP asks Dar to come out clean

Pakistan Peoples Party has challenged the Finance Minister to come out clean on details of payments to the IPPs while disbursing Rs 322 billion to them towards clearing the circular debt and make public the website on which this information is claimed to
Published 23 Jul, 2013 12:00am
Ministries/Divisions: Ministry asked for composition of BoDs: Dar

Ministries/Divisions: Ministry asked for composition of BoDs: Dar

The Finance Ministry Ishaq Dar had already initiated a process whereby it had asked for composition of Boards of Directors of all Ministries/Divisions; the number of Board's and Committee's meetings they have held in the last two years with dates and venu
Published 23 Jul, 2013 12:00am
LHC asks Ministry to allocate Hajj quota to 19 eligible HGOs

LHC asks Ministry to allocate Hajj quota to 19 eligible HGOs

The Lahore High Court Chief Justice (CJ) here on Monday directed the Ministry of Religious Affairs to allocate Hajj quota to 19 Hajj Group Organisers (HGOs) who offered bid up to Rs 250,000. The CJ was hearing several petitions filed by newly enrolled HGO
Published 23 Jul, 2013 12:00am
Presidential election: petition referred to division bench

Presidential election: petition referred to division bench

A division bench of the Lahore High Court denied hearing an application requesting to stay the presidential elections. The bench remarked that already a division bench has recommended fixation of an identical matter before a larger bench and therefore it
Published 23 Jul, 2013 12:00am
OIC condemns killing of protesters in IHK

OIC condemns killing of protesters in IHK

The Organisation of Islamic Co-operation (OIC) has condemned the killing of protestors by the Indian Border Security Force troops in Ramban district of occupied Kashmir. The OIC in a statement issued from Jeddah said, "The Secretary General Professor Ekme
Published 23 Jul, 2013 12:00am
Chief Commissioner orders suspension of Patwari

Chief Commissioner orders suspension of Patwari

Chief Commissioner, Islamabad, has ordered the suspension of Riaz Shah, a Patwari of Phulgran, on the complaints of the general public. Responding to the complaints of the general public regarding misuse/abuse of power by the revenue officials, Chief Comm
Published 23 Jul, 2013 12:00am
Government lands worth billions of rupees grabbed in Rawalpindi

Government lands worth billions of rupees grabbed in Rawalpindi

Some influential persons have grabbed government lands worth billions of rupees allegedly in connivance with the Cantonment Board officials, while the law enforcing agencies did not start an inquiry into the matter even after receiving a complaint.
Published 23 Jul, 2013 12:00am
PTI to support PML-N on national issues: Qureshi

PTI to support PML-N on national issues: Qureshi

Pakistan Tehrik-e-Insaf (PTI) would support the Pakistan Muslim League-Nawaz (PML-N) federal government over national issues in the larger interest of country despite its differences and reservations over the latter's policies and decision. Talking to med
Published 23 Jul, 2013 12:00am
New Punjab governor: businesspeople hail Sarwar's prospects

New Punjab governor: businesspeople hail Sarwar's prospects

Local business community during a meeting at Islamabad Chamber of Commerce & Industry has welcomed the news reports that former British Parliament member Chaudhry Muhammad Sarwar is being appointed as Governor of Punjab and termed it a healthy development
Published 23 Jul, 2013 12:00am
Textile industry pins high hopes on Prime Minister's address

Textile industry pins high hopes on Prime Minister's address

The Punjab-based textile industry has pinned high hopes with Prime Minister's address with regard to the energy crisis, saying that the Prime Minister Nawaz Sharif would definitely resolve their problem. The Punjab-based textile industry is presently expo
Published 23 Jul, 2013 12:00am
Fake mineral water plants: KWSB seeks power to cancel licences

Fake mineral water plants: KWSB seeks power to cancel licences

Karachi Water and Sewerage Board (KWSB) has appealed to the Sindh Chief Minister to authorise it cancellation of licences issued to many of the fake mineral water plants in the city. "KWSB at the very outset, in accordance to 1996 Act, must be accepted as
Published 23 Jul, 2013 12:00am
Monsoon activity likely to increase over Northeast Punjab, Kashmir

Monsoon activity likely to increase over Northeast Punjab, Kashmir

Monsoon activity is likely to increase over Northeast Punjab and Kashmir during next 24 hours, Flood Forecasting Centre said here on Monday. It said seasonal low lies over Northwest Balochistan and adjoining areas with its trough extending south-eastwards
Published 23 Jul, 2013 12:00am
NA-1 seat: PPP has no prospect

NA-1 seat: PPP has no prospect

Once a stronghold of PPP, the party is nowhere in National Assembly Constituency NA-1, Peshawar and the maintaining of the third position is likely to become difficult in the upcoming by-elections. Zulfikar Afghani, City President PPP and candidate in las
Published 23 Jul, 2013 12:00am
Etihad CEO wins annual airline award

Etihad CEO wins annual airline award

James Hogan, President and CEO of Etihad Airways, has been recognised for his "outstanding strategic thinking and leadership" in winning the executive leadership category at the prestigious annual airline strategy awards, held recently in London. The awar
Published 23 Jul, 2013 12:00am
CNG stations in Sindh to remain closed for three days

CNG stations in Sindh to remain closed for three days

Sui Southern Gas Company (SSGC) has announced the schedule for industrial shut down and CNG closure for coming week. In compliance with sectoral priority order for gas load management, during the coming week, all CNG stations in Sindh region would remain
Published 23 Jul, 2013 12:00am
ANP demands stern action against workers' killers

ANP demands stern action against workers' killers

Awami National Party has demanded the Chief Minister Sindh to take stern measures against killers who were involved in deadly shooting incident at ANP office Landhi. ANP has strongly condemned the incident which was taken place in Landhi Town, outside of
Published 23 Jul, 2013 12:00am
US-Pakistan Women's Council holds symposium

US-Pakistan Women's Council holds symposium

The US-Pakistan Women's Council organised a symposium at Islamabad Chamber of Commerce and Industry's (ICCI) head office recently to highlight business opportunities for women entrepreneurs in fashion and textile industry in order to help them to promote
Published 23 Jul, 2013 12:00am
PTCL inks cloud computing agreement with AIOU

PTCL inks cloud computing agreement with AIOU

Pakistan Telecommunication Company Limited (PTCL) on Monday inked an agreement for providing Cloud Computing Services to Allama Iqbal Open University (AIOU). Under the umbrella of Cloud Computing Services, PTCL offering the Web space, email, Unified Colla
Published 23 Jul, 2013 12:00am
Seafood export falls by $2.314 million

Seafood export falls by $2.314 million

Low international prices have pulled down sea food export by $2.314 million during the outgoing fiscal year 2012-13 to $317.612 million, exporters say. Pakistan exported about 10 percent more seafood in terms of quantity in the last fiscal year but at the
Published 23 Jul, 2013 12:00am
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