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Print - 2014-04-05
Former Zenit player admits to helping fix UEFA Cup match

Former Zenit player admits to helping fix UEFA Cup match

Former Zenit Saint Petersburg defender Erik Hagen said Wednesday that he had paid a referee to fix a UEFA Cup match during his time at the Russian team. The 38-year-old Norwegian footballer said it was customary to pay for match-fixing and he and his team
Published 05 Apr, 2014 12:00am
Honda Atlas Golf Cup concludes

Honda Atlas Golf Cup concludes

Honda Atlas Cars (Pakistan) Limited organised Honda Golf Cup 2014 at Defence Raya Golf Club & Country Club here on March 30, 2014. It was an exciting day of golf on a pleasant and sunny spring day. The event saw zealous participation of leading players fr
Published 05 Apr, 2014 12:00am
Ponting awarded MCC life membership

Ponting awarded MCC life membership

Ricky Ponting was awarded life membership of the Marylebone Cricket Club (MCC) on Friday in a tribute to the Australian legend's illustrious career. Former Australia captain Ponting was given the honour after establishing himself as one of the best batsme
Published 05 Apr, 2014 12:00am
Bouchard holds off Venus in Charleston

Bouchard holds off Venus in Charleston

Canadian starlet Eugenie Bouchard admitted it was "a bit ugly" as she held off former world number one Venus Williams 7-6 (8/6), 2-6, 6-4 to reach the Family Circle Cup quarter-finals Thursday. Bouchard, an Australian Open semi-finalist who is seeded sixt
Published 05 Apr, 2014 12:00am
Pak-England XI to play three matches under PISF

Pak-England XI to play three matches under PISF

The Pak-England XI will face Government College University (GCU) team in a cricket match being played at the university ground today. The visiting cricket team will play three matches. Two matches will be played against Pakistan U-19 cricket team and the
Published 05 Apr, 2014 12:00am
Cotton eases; heads for weekly loss amid China demand worry

Cotton eases; heads for weekly loss amid China demand worry

Cotton futures fell for a fourth straight day on Thursday, the longest retreat since late January, as worries mounted over waning demand in top consumer China and over increasing supplies in the United States, the world's top exporter. The most-active May
Published 05 Apr, 2014 12:00am
Shanghai copper gains

Shanghai copper gains

The most-traded copper contract on the Shanghai Futures Exchange gained 0.6 percent to 46,690 yuan a tonne on Friday recouping last session's decline which was driven by disappointment over China's stimulus measures. Still, analysts said the gain in price
Published 05 Apr, 2014 12:00am
Copper slips, aluminium moves higher

Copper slips, aluminium moves higher

Copper slipped on Friday on persistent investor concerns about slowing growth in top consumer China, though losses were limited as solid US jobs data fed hopes that copper demand would pick up in the world's largest economy. US employers maintained a soli
Published 05 Apr, 2014 12:00am
Crude oil prices gain on jobs data, Libya doubt

Crude oil prices gain on jobs data, Libya doubt

US crude oil rose on Friday as data showed strong jobs growth in the United States and Brent followed suit as investors cast doubt on reports Libya's oil ports were about to reopen. Both benchmarks retraced earlier gains as the US equities markets fell la
Published 05 Apr, 2014 12:00am
Rubber rises

Rubber rises

Tokyo rubber futures inched higher on Friday, supported by firmness in oil prices, but the prospect of poor demand in China and a rise in supply due to the Thai government's planned sale of rubber stocks weighed on the market, dealers said. The benchmark
Published 05 Apr, 2014 12:00am
Corn, soyabeans and wheat rise

Corn, soyabeans and wheat rise

US corn, soyabean and wheat futures rose on Thursday, supported by a round of bargain-buying after all three commodities fell sharply on Wednesday, traders said. Tight stocks and strength in the cash market also supported soyabean prices. US farmers have
Published 05 Apr, 2014 12:00am
Palm oil rises

Palm oil rises

Malaysian palm oil futures ended higher on Friday, recouping losses, to post their first weekly gain since mid-March, helped by optimism that a recovery in demand and tighter stocks in the world's No 2 producer will underpin prices. Market participants ar
Published 05 Apr, 2014 12:00am
Coffee up six percent

Coffee up six percent

Arabica coffee futures on ICE surged 6 percent on Friday as top grower Brazil's firming currency attracted investor buying, while Liffe robusta soared 3 percent. Both markets had their biggest jumps in a month. Cocoa futures rose with dealers focused on n
Published 05 Apr, 2014 12:00am
Gold falls in New York

Gold falls in New York

Gold fell on Thursday as the euro dropped against the dollar after the European Central Bank kept interest rates on hold and pledged to use unconventional measures to combat low inflation. Spot gold fell 0.5 percent to $1,282.70 an ounce by 2:06 pm EDT (1
Published 05 Apr, 2014 12:00am
Gold slips in Asia

Gold slips in Asia

Gold edged lower on Friday as the market nervously awaited US nonfarm payrolls data, heading for its longest weekly losing streak in more than six months as equities firmed and optimism grew about the US economy. Spot gold slipped 0.05 percent to $1,286.3
Published 05 Apr, 2014 12:00am
Gold gains in Europe

Gold gains in Europe

Gold rose on Friday after a US nonfarm payrolls report came in slightly below expectations, but signs that the world's largest economy is growing at a solid pace, a stable dollar and higher equities capped the upside. Nonfarm payrolls increased by 192,000
Published 05 Apr, 2014 12:00am
US MIDDAY: wheat slips

US MIDDAY: wheat slips

US wheat futures fell 1.7 percent on Friday and were on track for their biggest weekly loss since January on forecasts for some much needed rain in the US Plains, traders said. Corn and soyabean futures also fell, as funds exited some long positions and t
Published 05 Apr, 2014 12:00am
US MIDDAY: gold rises 1.5 percent

US MIDDAY: gold rises 1.5 percent

Gold rose 1.5 percent on Friday, on track for its biggest daily gain in a month after data showing US employment growth in March unleashed heavy short-covering by bullion investors who had feared the job figures would sharply exceed Wall Street's expectat
Published 05 Apr, 2014 12:00am
Khyber Pakhtunkhwa IGP suspends SHO Kot Najibullah

Khyber Pakhtunkhwa IGP suspends SHO Kot Najibullah

Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani suspended SHO Kot Najibullah (Haripur) and Investigation Officer for implicating two innocent citizens in a false and fabricated case, said a press release issued here on Friday.
Published 05 Apr, 2014 12:00am
PBA's proposed code of conduct discussed

PBA's proposed code of conduct discussed

The Sub-committee of the Standing committee on Information and Broadcasting Friday said that a code of conduct for electronic media (e-media) must be finalised with the consensus of all stakeholders including , Ministry of Information and Broadcasting , P
Published 05 Apr, 2014 12:00am
Workshop on 'misgovernance-radicalization nexus' held

Workshop on 'misgovernance-radicalization nexus' held

A day-long workshop on critical analysis of the research conducted on 'Misgovernance-Radicalization Nexus in Pakistan by GINI' was held at the Archaeology Museum Hall University of Peshawar. The workshop was joint venture of Institute of Peace and Conflic
Published 05 Apr, 2014 12:00am
Shahbaz takes notice of torture on housemaid

Shahbaz takes notice of torture on housemaid

Punjab Chief Minister Shahbaz Sharif has taken notice of torture and burning of a 14-year-old housemaid in Nawan Kot area of Lahore and sought a report from Inspector General Police. He directed that the accused involved in the tragic incident be apprehen
Published 05 Apr, 2014 12:00am
'Sehat Ka Insaaf': one-day ban imposed on bike riding

'Sehat Ka Insaaf': one-day ban imposed on bike riding

Deputy Commissioner Peshawar has imposed complete ban on motorcycle riding to maintain peace during 'Sehat Ka Insaaf campaign' on Sunday (tomorrow). Anyone found violating this order shall be proceeded under Section 188 PPC, he mentioned.
Published 05 Apr, 2014 12:00am
APP chief seeks promotion

APP chief seeks promotion

The Islamabad High Court on Friday issued notices to Secretary to Prime Minister, Secretary Establishment Division and Secretary Ministry of Information and Broadcasting in a service matter pertaining to a BPS-21 officer of Ministry of Information and Bro
Published 05 Apr, 2014 12:00am
Economic Corridor projects: China committed to early completion: envoy

Economic Corridor projects: China committed to early completion: envoy

Ambassador of China to Pakistan, Liu Jian said on Friday that China wishes and supports Pakistan in every possible way and is committed to supporting an early completion of Economic Corridor projects. "We are on the same boat having same goals to catch th
Published 05 Apr, 2014 12:00am
Process of change begins in Khyber Pakhtunkhwa: Khattak

Process of change begins in Khyber Pakhtunkhwa: Khattak

KP Chief Minister Pervez Khattak on Friday said that people had voted PTI into power for changing the system as they were fed up with corruption, commission, loot & plunder and exploitative policies of the traditional rulers. However, he said actual chang
Published 05 Apr, 2014 12:00am
Directives to ensure facilities to visitors of shrines

Directives to ensure facilities to visitors of shrines

Secretary Auqaf Punjab Dr Saqib Aziz directed the officers of his department to ensure all necessary facilities to the visitors of shrines under administrative control of Auqaf department, besides maintenance and protection of Auqaf department. He was pre
Published 05 Apr, 2014 12:00am
Kidnapped lawyer recovered

Kidnapped lawyer recovered

The Dadu police claimed on Friday to have recovered the lawyer who was kidnapped from Bandhi area last week. Advocate Iqrar Abro, the police said was recovered during a raid in Katcha areas (land of riverbed) in Tilti area.
Published 05 Apr, 2014 12:00am
Tribal students protest closure of scholarship programme

Tribal students protest closure of scholarship programme

Tribal students various agencies of Fata, on Friday staged a protest demonstration against the closure of scholarship programme for them under Prime Minister Scheme demanding the government to immediately resume the programme in the tribal region. The pro
Published 05 Apr, 2014 12:00am
Consumers concerned over PSQCA lab-testing mechanism

Consumers concerned over PSQCA lab-testing mechanism

Pakistan Standards and Quality Control Authority's (PSQCA) inefficient lab testing mechanism has created doubts about its performance among consumers, it was learnt on Thursday. Although the authority has claimed to have launched special campaigns to make
Published 05 Apr, 2014 12:00am
Gorakh Hills station discussed at international forum

Gorakh Hills station discussed at international forum

Gorakh hills station of Dadu was discussed at length at a four-day "International Training Workshop on Conservation of Biodiversity and Ecosystem" held at Doha's Qatar University. Gorakh Hills Development Authority's director-general, Dr Iqbal Saeed Khan,
Published 05 Apr, 2014 12:00am
Khyber Pakhtunkhwa: RAHA-UNDP conducts training courses for women

Khyber Pakhtunkhwa: RAHA-UNDP conducts training courses for women

The Refugees Affected and Hosting Areas (RAHA-UNDP) KP Programme, conducted special training courses of basic and advance stitching, basic beautician, computer and food preservation for community women of three union councils of Peshawar. All courses were
Published 05 Apr, 2014 12:00am
Three die in Sheikhupura road accident

Three die in Sheikhupura road accident

Three persons were killed in a road accident here on Friday. According to the police sources, the accident took place at Ayesha stop of Lahore road in Sheikhupura, where a truck hit a motorbike, killing three persons including two women on the spot. The d
Published 05 Apr, 2014 12:00am
AKTI urges government to reduce tax rates

AKTI urges government to reduce tax rates

Traders on Friday urged the government to scale back tax rates, increase energy provision, restore peace and reform the poor taxation system to help their access to world markets in financially viable terms. Talking to Business Recorder, Chairman A
Published 05 Apr, 2014 12:00am
Kharif 2014: four percent increase in fertilizer demand

Kharif 2014: four percent increase in fertilizer demand

The estimated overall fertilizer off take will be over 3,614,000 tons in Kharif 2014 showing an increase of 4 percent over pervious Kharif season, a report of the Ministry of National Food Security and Research revealed. According to the report, urea cons
Published 05 Apr, 2014 12:00am
Coastal localities: Sindh governor for comprehensive traffic plan

Coastal localities: Sindh governor for comprehensive traffic plan

Governor Sindh Dr Ishart-ul Ebad Khan has directed to arrange traffic routes and identify schemes of roads, under passes and flyovers, under a comprehensive master plan, to ensure free flow of traffic in coastal localities of the metropolis. He was chairi
Published 05 Apr, 2014 12:00am
Fake degrees: PIA removes 300 employees

Fake degrees: PIA removes 300 employees

In compliance with instructions of Supreme Court of Pakistan, the PIA has been vigorously pursuing the issue of credential verifications of its employees. A PIA statement here on Friday said that this gigantic task of verification of credentials of around
Published 05 Apr, 2014 12:00am
Import of palm oil plunges by 13 percent

Import of palm oil plunges by 13 percent

Import of palm oil plunged by 13 percent to $1.228 billion in July-February 2013-14, according to official statistics. Palm oil import showed a fall of $183 million during July-February 2013-14 as compared to the oil import of $1. 411 billion in the same
Published 05 Apr, 2014 12:00am
Mr Finance Minister please

Mr Finance Minister please

Your esteemed paper was the first, to be followed by sundries. Business Recorder in its 31st March, 2014 issue pointed out that the Presidential Order IV of 2014 amending Sales Tax Act, 1990 was unconstitutional. Yesterday's Business Recorder </
Published 05 Apr, 2014 12:00am
Legal victory for big-money campaign donors to be felt in states, courts

Legal victory for big-money campaign donors to be felt in states, courts

A US Supreme Court ruling that struck down the overall cap on federal election contributions is sending ripples across American politics, as states have begun backing away from their own restrictions on donations and lawyers are forecasting a new wave of
Published 05 Apr, 2014 12:00am
Lebanon faces battle as it targets natural gas reserves

Lebanon faces battle as it targets natural gas reserves

Despite their troubles assembling a fully functional government, Lebanese authorities are at last in a position to start tackling their patch of one of the world's biggest and most politically divisive natural gas frontiers. Bureaucracy, spillover from Sy
Published 05 Apr, 2014 12:00am
Marginal and fragile areas: Will democracy work?

Marginal and fragile areas: Will democracy work?

Is democracy the panacea of all the ills that are facing this nation? The answer as any one will tell you are that one shoe size does not fit anyone and like wise democracy cannot fit all the societal variants of areas that Pakistan has. We have very dive
Published 05 Apr, 2014 12:00am
Widespread malnutrition in Balochistan

Widespread malnutrition in Balochistan

The famine-like situation in Thar is disturbing enough; now a report coming out of Balochistan speaks of a very high incidence of acute malnutrition. Ten of the total 20 high food insecure districts of the country are in that province, the report points o
Published 05 Apr, 2014 12:00am
State of the economy

State of the economy

The recently released Asian Development Outlook 2014 released during a press conference by the Asian Development Bank Country Director Liepach presents some disturbing statistics: Pakistan continues to lag behind the region in terms of spending on social
Published 05 Apr, 2014 12:00am
Punjab government to impose fine on unregistered vehicles

Punjab government to impose fine on unregistered vehicles

The Punjab government has decided to impose fine of Rs 5,000 to 10,000 upon the owners of vehicles bringing unregistered vehicle on road apart from taking action against the car dealers found involved in handing over the vehicles to the customers without
Published 05 Apr, 2014 12:00am
WCCI Peshawar starts soft loans' issuance

WCCI Peshawar starts soft loans' issuance

Women Chamber of Commerce and Industry (WCCI) Peshawar in collaboration with non-governmental organisation on Friday started issuance of soft loans to support women belonging to backwards areas to run small businesses. Under the micro-level loan programme
Published 05 Apr, 2014 12:00am
Government reviewing business visa policy, National Assembly told

Government reviewing business visa policy, National Assembly told

The National Assembly was told on Friday that the government was reviewing business visa policy with a view to intensifying trade ties with other countries on reciprocal basis. Parliamentary Secretary for Interior Maryam Aurangzeb, while responding to qua
Published 05 Apr, 2014 12:00am
Imran terms meeting with ECP fruitful

Imran terms meeting with ECP fruitful

Pakistan Tehrik-e-Insaf Chairman Imran Khan met Acting Chief Election Commissioner Justice Nasirul Mulk here on Friday and informed the ECP about preparation of the Khyber Pakhtunkhwa province for holding local bodies' elections. Matter related to alleged
Published 05 Apr, 2014 12:00am
Encroachments re-emerge in Saddar despite ongoing drive

Encroachments re-emerge in Saddar despite ongoing drive

Notwithstanding the tall claims of Karachi Metropolitan Corporation (KMC) regarding anti-encroachment drive, encroachments have reappeared in Saddar and surrounding areas, exposing the effectiveness of the ongoing operation against encroachments in the ci
Published 05 Apr, 2014 12:00am
Seminar on Balochi literature

Seminar on Balochi literature

Balochi Department, University of Balochistan, would hold daylong seminar on Balochi literature here at Committee Room of the varsity, UoB handout said on Friday. Renowned Balochi academician Munir Ahmed Badini would give lecture on his recent literary wo
Published 05 Apr, 2014 12:00am
Contempt petition filed against Musharraf

Contempt petition filed against Musharraf

A contempt petition was filed in the Supreme Court on Friday against former army chief and President Pervez Musharraf over violation of the apex court's directives seven years ago. The petitioner Shahid Orakzai filed his petition under Article 204 of the
Published 05 Apr, 2014 12:00am
NAB to file reference against former principal SMCK, others

NAB to file reference against former principal SMCK, others

The Executive Board Meeting (EBM) of National Accountability Bureau (NAB) on Friday decided to file a reference against Dr Akbar Haider Soomro, Ex-principal Sindh Medical College Karachi and others for misuse of authority and cheating public at large. The
Published 05 Apr, 2014 12:00am
Tarakai reviews progress on health sector projects

Tarakai reviews progress on health sector projects

Khyber Pakhtunkhwa Minister for Health Shahram Khan Tarakai on Friday reviewed progress on various development projects in health sector, at a high level meeting in Peshawar. The meeting beside other was attended by Secretary Health Abdul Qader Khan, Spec
Published 05 Apr, 2014 12:00am
'Cement industry must be removed from third schedule of ST Act 1990'

'Cement industry must be removed from third schedule of ST Act 1990'

The issues impacting cement sector have still not been addressed by the government, in last budget cement has been brought within the purview of '3rd Schedule' of Sales Tax Act 1990 that has increased the overall tax burden and has resulted in increased p
Published 05 Apr, 2014 12:00am
Ibrahim hails release of prisoners

Ibrahim hails release of prisoners

Professor Ibrahim, a member of Taliban's negotiation team, on Friday described the release of 19 Taliban prisoners as 'encouraging' development. "It's an encouraging development but we are not totally satisfied for there are many reservations and dangers,
Published 05 Apr, 2014 12:00am
Babar Awan demands trial of Chaudhry Iftikhar

Babar Awan demands trial of Chaudhry Iftikhar

Senator Babar Awan has said, the Constitution demands trial of all former heads of the institutions including former CJP Iftikhar Chaudhry that validated the Legal Framework Orders (LFO) in 2000 and 2007. He was talking to media persons at Lahore High Cou
Published 05 Apr, 2014 12:00am
LDA imposes forfeiture penalty

LDA imposes forfeiture penalty

Lahore Development Authority (LDA) Director General Ahad Khan Cheema has imposed major penalty of forfeiture of past one year service upon Nadeem Akhtar Zaidi, Deputy Director (TP), and Masooduddin, Circle Head Draftsman, and penalty of withdrawal of five
Published 05 Apr, 2014 12:00am
PEF completes free textbooks' distribution

PEF completes free textbooks' distribution

The Punjab Education Foundation (PEF) has completed two-day activity of distributing free textbooks in private schools partnering under Foundation Assisted School (FAS) programme in 12 different districts including Lahore. According to details, textbooks
Published 05 Apr, 2014 12:00am
Punjab earmarks Rs 400 million for women hostel at UAF

Punjab earmarks Rs 400 million for women hostel at UAF

The Punjab government has earmarked Rs 400 million to set up a state-of-the-art women hostel for 1,000 students equipped with modern facilities at the University of Agriculture Faisalabad (UAF). It was approved at the meeting of Annual Development Program
Published 05 Apr, 2014 12:00am
Pakistani politics: US enjoys varying degrees of influence: expert

Pakistani politics: US enjoys varying degrees of influence: expert

Professor Emeritus, University of the Punjab, and Defence Analyst Dr Hassan Askari Rizvi said that Pakistan's military and civil authorities maintain multifaceted relations with the United States because of which US enjoys varying degrees of influence on
Published 05 Apr, 2014 12:00am
PTCL pledges to drive change through ICT solutions

PTCL pledges to drive change through ICT solutions

PTCL has reaffirmed its commitment to improve the standard of living of people, increase the productivity of businesses and drive change through integration of Information and Communications Technology services.
Published 05 Apr, 2014 12:00am
PPCBL allocates Rs 2.5 billion towards agriculture loans

PPCBL allocates Rs 2.5 billion towards agriculture loans

The Punjab Provincial Co-operative Bank Ltd (PPCBL) has allocated Rs 2.5 billion for advancing agriculture loans for Kharif crops 2014 with effect from 15th April. These loans will be given to small farmers through co-operative societies for sowing, matur
Published 05 Apr, 2014 12:00am
SME sector development: Smeda, Finland-Pak Business Council sign MoU

SME sector development: Smeda, Finland-Pak Business Council sign MoU

Small and Medium Enterprises Development Authority (Smeda) and Finland-Pakistan Business Council on Friday signed a memorandum of understanding to support social entrepreneurship, enterprise creation and SME sector development in Pakistan. Under the MoU,
Published 05 Apr, 2014 12:00am
Meeting of PU selection board: LHC reserves verdict

Meeting of PU selection board: LHC reserves verdict

Justice Ayesha A Malik of the Lahore High Court on Friday reserved verdict in a petition against meeting of selection board of Punjab University for the posts of associate professor in the University Law College. The court had already issued a stay order
Published 05 Apr, 2014 12:00am
Big Hashish haul in Karachi

Big Hashish haul in Karachi

Karachi police on Friday seized a big quantity of Hashish in Gulshan-e-Iqbal town and arrested three smugglers. "A suspected 22 wheeler truck without number plate, was intercepted and searched by police in Gulshan-e-Iqbal, Rashid Minhas Road, near Moti Me
Published 05 Apr, 2014 12:00am
PPP Peshawar observes 35th death anniversary of ZAB

PPP Peshawar observes 35th death anniversary of ZAB

PPP Peshawar city observed 35th death anniversary of the founding chairman and former Prime Minister Zulfiqar Ali Bhutto (ZAB) with a pledge to follow his mission. Those who addressed were included city president, Zulfiqar Afghani, Azam Afridi and Ayub Sh
Published 05 Apr, 2014 12:00am
OGDCL discovers gas from Maru East Well-1

OGDCL discovers gas from Maru East Well-1

Oil & Gas Development Company Limited (OGDCL) made gas discovery from Maru East Well-1, which is located in district Ghotki, Sindh Province. The joint venture of Guddu block - comprising OGDCL as operator having 70 percent stakes, IPR Transoil Corporation
Published 05 Apr, 2014 12:00am
SNGPL, UET Peshawar sign MoU

SNGPL, UET Peshawar sign MoU

A Memo-randum of Understanding (MOU) was signed between Sui Northern Gas Pipelines Limited (SNGPL) and University of Engineering and Technology (UET) Peshawar, for sponsoring a Chair on Gas Engineering at Department of Mechanical Engineering of UET Peshaw
Published 05 Apr, 2014 12:00am
Pakistan wants to have friendly relations in region: Shahbaz

Pakistan wants to have friendly relations in region: Shahbaz

Punjab Chief Minister Shahbaz Sharif has said that Pakistan wants to have friendly relations with all the countries of the region and PML-N is pursuing an effective policy in this regard. He said that there is a need to resolve all issues with India inclu
Published 05 Apr, 2014 12:00am
Explosives recovered: Kohat police foil terrorism bid

Explosives recovered: Kohat police foil terrorism bid

Kohat Police has foiled a terrorist bid and recovered suicide jacket, heavy explosive material from the mountains of Gurguri Kamkol. Police have received a tips that some three unknown miscreants have hidden heavy explosive material in the mountains of Gu
Published 05 Apr, 2014 12:00am
Woman among three killed in Karachi

Woman among three killed in Karachi

At least three people, including a woman, were killed in different incidents of violence in the city on Friday. According to police and rescue sources, Sufi Ghulam Nabi, son of Faisal Ahmad, was gunned down while Abid, s/o Ghulam Haidar, was shot at and i
Published 05 Apr, 2014 12:00am
National Assembly speaker visits foreign office

National Assembly speaker visits foreign office

Ayaz Sadiq, Speaker of the National Assembly visited the Foreign Office on Friday. He was welcomed by the Adviser to the Prime Minister on National Security and Foreign Affairs, Sartaj Aziz. The Special Assistant to the Prime Minister on Foreign Affairs,
Published 05 Apr, 2014 12:00am
Financial viability: PIA shuts down offices in five cities

Financial viability: PIA shuts down offices in five cities

Pakistan International Airlines (PIA) on Friday shut down its offices in Hyderabad, Nawabshah, Shikarpur, Jacobabad and Pasni, officials told Business Recorder. The national airline has taken this decision because of a lack of business as operation
Published 05 Apr, 2014 12:00am
Over 30,000 books sold at PU book fair

Over 30,000 books sold at PU book fair

Over 30,000 books were sold during three-day Punjab University's book fair. A large number of journalists, writers, doctors, lawyers, engineers, students and people visited the book fair. Talking to the media while visiting the book fair, PU VC Dr Mujahid
Published 05 Apr, 2014 12:00am
Alleged tax evasion: two top executives of IT firm being interrogated

Alleged tax evasion: two top executives of IT firm being interrogated

The Directorate General of Intelligence and Investigation Inland Revenue (IR) Islamabad has flown both the high-profile executives of an international IT giant from Karachi to Islamabad for interrogation on their alleged involvement in a case of tax evasi
Published 05 Apr, 2014 12:00am
Ali Gilani, Shahbaz Taseer should have been released: Malik

Ali Gilani, Shahbaz Taseer should have been released: Malik

Former interior minister Senator Rehman Malik has said that Ali Haidar Gilani and Shahbaz Taseer should have been released in exchange of the release of 19 non-combatant Taliban prisoners. Senator Rehman Malik said in his Twitter comment that Ali and Shah
Published 05 Apr, 2014 12:00am
11 more Pakistanis to be released from Bagram Prison

11 more Pakistanis to be released from Bagram Prison

Eleven more Pakistanis are scheduled to be released from Bagram Prison by the end of May next. Ministry for Foreign Affairs told this to Lahore High Court here on Friday during the course of proceedings of a petition filed by Justice Project Pakistan (JPP
Published 05 Apr, 2014 12:00am
SBP injects Rs 308 billion into open market

SBP injects Rs 308 billion into open market

The State Bank of Pakistan (SBP) on Friday injected Rs 308.150 billion into open money market for seven days during its Open Market Operation (OMO). According to SBP statement here, out of 25 quotes offered for 7-day tenor which amounted to Rs 360,300 mil
Published 05 Apr, 2014 12:00am
The Weather

The Weather

The weather report on Friday (April 04, 2014) and the forecast for Saturday (April 05, 2014).

Published 05 Apr, 2014 12:00am
SBP injects Rs 308 billion into open market

SBP injects Rs 308 billion into open market

The State Bank of Pakistan (SBP) on Friday injected Rs 308.150 billion into open money market for seven days during its Open Market Operation (OMO). According to SBP statement here, out of 25 quotes offered for 7-day tenor which amounted to Rs 360,300 mil
Published 05 Apr, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 04, 2014).

Published 05 Apr, 2014 12:00am
SBP injects Rs 308 billion into open market

SBP injects Rs 308 billion into open market

The State Bank of Pakistan (SBP) on Friday injected Rs 308.150 billion into open money market for seven days during its Open Market Operation (OMO). According to SBP statement here, out of 25 quotes offered for 7-day tenor which amounted to Rs 360,300 mil
Published 05 Apr, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 04, 2014).

Published 05 Apr, 2014 12:00am
SBP injects Rs 308 billion into open market

SBP injects Rs 308 billion into open market

The State Bank of Pakistan (SBP) on Friday injected Rs 308.150 billion into open money market for seven days during its Open Market Operation (OMO). According to SBP statement here, out of 25 quotes offered for 7-day tenor which amounted to Rs 360,300 mil
Published 05 Apr, 2014 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 05 Apr, 2014 12:00am
Price of a voter card: Taliban offer $5 in Afghanistan

Price of a voter card: Taliban offer $5 in Afghanistan

The Taliban have launched a violent campaign to disrupt this weekend's presidential election in Afghanistan, but in a restive eastern corner of the country they are paying villagers to surrender their voting cards. Residents in Nangarhar province, which l
Published 05 Apr, 2014 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 05 Apr, 2014 12:00am
Price of a voter card: Taliban offer $5 in Afghanistan

Price of a voter card: Taliban offer $5 in Afghanistan

The Taliban have launched a violent campaign to disrupt this weekend's presidential election in Afghanistan, but in a restive eastern corner of the country they are paying villagers to surrender their voting cards. Residents in Nangarhar province, which l
Published 05 Apr, 2014 12:00am
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