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Print - 2014-04-07
Hamilton wins Bahrain Grand Prix

Hamilton wins Bahrain Grand Prix

Lewis Hamilton won the Bahrain Grand Prix on Sunday ahead of Mercedes team-mate Nico Rosberg after a thrilling wheel-to-wheel duel. Sergio Perez in a Force India was third with Red Bull's Daniel Ricciardo in fourth, followed by Nico Hulkenberg in the seco
Published 07 Apr, 2014 12:00am
Bekele wins debut marathon but misses world record

Bekele wins debut marathon but misses world record

Ethiopia's legendary runner Kenenisa Bekele notched up another impressive milestone in an already glittering career by winning the Paris Marathon on Sunday, his first attempt at the gruelling event. The 31-year-old 5,000m and 10,000m world record crossed
Published 07 Apr, 2014 12:00am
Sri Lanka celebrates biggest win in 18 years

Sri Lanka celebrates biggest win in 18 years

Sri Lanka fans at home burst firecrackers and danced on the streets as the national team won the World Twenty20 title beating India by six wickets in Dhaka on Sunday. Instant celebrations broke out at cricket grounds and public parks in the capital Colomb
Published 07 Apr, 2014 12:00am
Sri Lanka beat India to win World Twenty20 Cup

Sri Lanka beat India to win World Twenty20 Cup

Kumar Sangakkara hit a memorable half-century to help Sri Lanka to a six-wicket victory over India in the World Twenty20 final in Dhaka on Sunday. The veteran left-hander knocked a 35-ball 52 not out in his last Twenty20 match to guide the Sri Lankan chas
Published 07 Apr, 2014 12:00am
Sri Lanka beat India to win World Twenty20 Cup

Sri Lanka beat India to win World Twenty20 Cup

Kumar Sangakkara hit a memorable half-century to help Sri Lanka to a six-wicket victory over India in the World Twenty20 final in Dhaka on Sunday. The veteran left-hander knocked a 35-ball 52 not out in his last Twenty20 match to guide the Sri Lankan chas
Published 07 Apr, 2014 12:00am
Liverpool on top of Premier League as Everton down Arsenal

Liverpool on top of Premier League as Everton down Arsenal

Liverpool captain Steven Gerrard scored two penalties as his side returned to the top of the Premier League table with a 2-1 win away to West Ham on Sunday. Victory, in a match where Gerrard struck from the spot either side of Guy Demel's equaliser, left
Published 07 Apr, 2014 12:00am
Bayern lifts ban after Sun's apology

Bayern lifts ban after Sun's apology

Bayern Munich has lifted their ban on reporters from The Sun attending Wednesday's Champions League home clash against Manchester United after the British tabloid apologised for their "You Schwein!" headline. "The Sun has apologised to an appropriate exte
Published 07 Apr, 2014 12:00am
Inoue becomes WBC champ

Inoue becomes WBC champ

Japan's Naoya Inoue dethroned World Boxing Council light-flyweight champion Adrian Hernandez of Mexico with a technical knockout in Tokyo on Sunday in just his sixth professional bout. Inoue, who turns 21 on Thursday, remained the aggressor from the openi
Published 07 Apr, 2014 12:00am
Shoaib Akhtar to start coaching career

Shoaib Akhtar to start coaching career

Former Pakistan fast bowler Shoaib Akhtar has set his sights on a coaching career after agreeing to take charge of a top domestic team. Shoaib, 38, who retired in 2011 during the 50-over World Cup, was offered the position of head coach by State bank for
Published 07 Apr, 2014 12:00am
France into Davis Cup semis after fightback

France into Davis Cup semis after fightback

France are into the Davis Cup semi-finals after a tenacious fightback secured a 3-2 win over Germany in their last-eight tie in Nancy on Sunday. Gael Monfils secured the decisive fifth point with a 6-1, 7-6 (7/0), 6-2 win over Peter Gojowczyk after Jo-Wil
Published 07 Apr, 2014 12:00am
Italy stun Britain

Italy stun Britain

Italy foiled Great Britain's dream of a first Davis Cup semi-final appearance in 33 years with a battling 3-2 quarter-final win in Naples on Sunday. The British were in control, leading 2-1 going into Sunday's closing two reverse singles.
Published 07 Apr, 2014 12:00am
Federer puts Switzerland into Davis Cup semi-finals

Federer puts Switzerland into Davis Cup semi-finals

Roger Federer put Switzerland into the Davis Cup semi-finals on Sunday when he beat Andrey Golubev 7-6 (7/6), 6-2, 6-3 for a 3-2 win over Kazakhstan. The Swiss will face Italy, who beat Great Britain 3-2 in Naples, for a place in the final.
Published 07 Apr, 2014 12:00am
Australia bag hat-trick of women's Twenty20 titles

Australia bag hat-trick of women's Twenty20 titles

Two-time defending champions Australia powered to a six-wicket win over old foes England to win their third consecutive title in the women's World Twenty20 in Dhaka on Sunday. Sarah Coyte grabbed 3-16 in her four overs and Ellyse Perry and Rene Farrell cl
Published 07 Apr, 2014 12:00am
Japan pushes to build hi-tech power plants abroad

Japan pushes to build hi-tech power plants abroad

Two Japanese companies have agreed deals to develop advanced coal-fired power plants in Malaysia and Myanmar as part of a government drive to export energy efficiency technology to emerging markets, a report said Sunday. The Japanese government is seeking
Published 07 Apr, 2014 12:00am
Numericable to launch rights issue to fund SFR deal

Numericable to launch rights issue to fund SFR deal

French cable company Numericable will launch a rights issue worth up to 4.7 billion euros ($6.44 billion) to help fund its acquisition of Vivendi unit SFR, Numericable said on Sunday. Numericable won a fierce month-long bidding war against mobile rival Bo
Published 07 Apr, 2014 12:00am
Gazprom says it will honour gas deals with Germany

Gazprom says it will honour gas deals with Germany

Gazprom will honour its deals to supply gas to Germany, a newspaper reported a senior executive of the Russian exporter as saying, even as Berlin backs tougher sanctions to deter Moscow from further destabilisation of Ukraine.
Published 07 Apr, 2014 12:00am
Germany's Schaeuble says Greek troubles not EU's fault

Germany's Schaeuble says Greek troubles not EU's fault

German Finance Minister Wolfgang Schaeuble Sunday defended Europe's handling of Greece's debt crisis, saying there was no easier way to rescue the debt-laden country from crisis. "Unemployment in Greece isn't the result of European policy. That assertion
Published 07 Apr, 2014 12:00am
Bangladesh inflation quickens again

Bangladesh inflation quickens again

Rising food prices helped push Bangladesh's annual inflation to 7.48 percent in March, ending a brief slowdown, the statistics bureau said on Sunday. Supplies of basic foodstuffs were affected by frequent transport blockades and other unrest in the run-up
Published 07 Apr, 2014 12:00am
GM's Opel to launch small electric car by 2017

GM's Opel to launch small electric car by 2017

General Motors' European brand Opel plans to start selling an all-electric compact car no later than by 2017 as the automaker is striving to meet EU emission targets, Automobilwoche reported on Sunday. The new model, dubbed internally as battery electric
Published 07 Apr, 2014 12:00am
Dubai gold exchange to introduce spot gold contract in June

Dubai gold exchange to introduce spot gold contract in June

The Dubai Gold and Commodities Exchange (DGCX) plans to introduce a spot gold contract this June as part of its growth as a top trading centre for the precious metal, the exchange's chief executive Gary Anderson said on Sunday. The DGCX is in the final st
Published 07 Apr, 2014 12:00am
Windows XP diehards to fend off hackers on their own

Windows XP diehards to fend off hackers on their own

People clinging to Microsoft's aging Windows XP operating system will be left to fend off cyber criminals by themselves come Tuesday. On April 8, the US software colossus will stop patching newly found security holes in Windows XP code that hackers could
Published 07 Apr, 2014 12:00am
Australia 'optimistic' about Japan free trade talks

Australia 'optimistic' about Japan free trade talks

Australian Prime Minister Tony Abbott said Sunday he was "optimistic" about his country's free trade talks with Japan but was unsure when the two countries could strike a deal. Government ministers from the two countries failed to reach an agreement after
Published 07 Apr, 2014 12:00am
Policy tips not reserved for ECB: IMF

Policy tips not reserved for ECB: IMF

The head of the International Monetary Fund dismissed a European central banker's recent remark that the IMF weighs in at his agency more than others such as the US Federal Reserve. "We do say what we have to say when we think that it's appropriate to say
Published 07 Apr, 2014 12:00am
Barclays to sell UAE retail ops to Abu Dhabi Islamic Bank

Barclays to sell UAE retail ops to Abu Dhabi Islamic Bank

Barclays has agreed to sell its retail banking operations in the United Arab Emirates to Abu Dhabi Islamic Bank (ADIB) for an expected price of 650 million dirhams ($177 million), ADIB said on Sunday. The emirate's largest Islamic bank said it aimed to ac
Published 07 Apr, 2014 12:00am
Cement makers Lafarge, Holcim agree merger plan

Cement makers Lafarge, Holcim agree merger plan

The world's two largest cement makers, France's Lafarge and Holcim of Switzerland, have agreed the terms of a merger that would create a company with a market value of around $55 billion, a source close to the deal said on Sunday. Such a merger, achieved
Published 07 Apr, 2014 12:00am
China's yuan seen resuming rise on export recovery from second quarter

China's yuan seen resuming rise on export recovery from second quarter

China's yuan is expected to tread a steady upward curve for the rest of this year, as investors anticipate an improving export picture from the second quarter and the economy could regain strength on Beijing's policy support, a Reuters poll showed. The me
Published 07 Apr, 2014 12:00am
Japanese fund managers raise bond weightings amid geopolitical woes

Japanese fund managers raise bond weightings amid geopolitical woes

Japanese fund managers increased the assets in their model portfolio allocated to bonds in March amid geopolitical risks stemming from the Ukrainian crisis and concerns about China's slowing growth, a Reuters poll showed. The survey of eight Japan-based f
Published 07 Apr, 2014 12:00am
Japanese fund managers raise bond weightings amid geopolitical woes

Japanese fund managers raise bond weightings amid geopolitical woes

Japanese fund managers increased the assets in their model portfolio allocated to bonds in March amid geopolitical risks stemming from the Ukrainian crisis and concerns about China's slowing growth, a Reuters poll showed. The survey of eight Japan-based f
Published 07 Apr, 2014 12:00am
Investors lift cash to 20-month high as volatile quarter ends

Investors lift cash to 20-month high as volatile quarter ends

The world's top investors lifted cash holdings this month to their highest since July 2012 and pruned equities, seeking to cut risk at the end of a volatile quarter, a Reuters poll shows. The monthly polls covering 51 leading investment houses in the Unit
Published 07 Apr, 2014 12:00am
Investors lift cash to 20-month high as volatile quarter ends

Investors lift cash to 20-month high as volatile quarter ends

The world's top investors lifted cash holdings this month to their highest since July 2012 and pruned equities, seeking to cut risk at the end of a volatile quarter, a Reuters poll shows. The monthly polls covering 51 leading investment houses in the Unit
Published 07 Apr, 2014 12:00am
Dubai's Emirates REIT expands IPO due to strong demand

Dubai's Emirates REIT expands IPO due to strong demand

Dubai-based real estate investment trust Emirates REIT said it had expanded the size of its initial public offer of shares on NASDAQ Dubai, the emirate's first IPO since its financial crisis erupted in 2009, because of strong demand.
Published 07 Apr, 2014 12:00am
Abu Dhabi's Aldar at four-year high; Egypt's bourse hits eight-week low

Abu Dhabi's Aldar at four-year high; Egypt's bourse hits eight-week low

Abu Dhabi's Aldar Properties hit a four-year high on Sunday after it unveiled tentative plans to float a subsidiary, lifting the emirate's bourse, while Egypt's market slumped to an eight-week low. Other Middle East markets were muted as Saudi Arabia inve
Published 07 Apr, 2014 12:00am
Indian 10-year bonds slump

Indian 10-year bonds slump

Indian benchmark 10-year bonds slumped on Friday to post their worst weekly fall since early November after the central bank's first debt auction of the new fiscal year was under-subscribed for one of the tranches, setting off concerns about weak demand.
Published 07 Apr, 2014 12:00am
Indian 10-year bonds slump

Indian 10-year bonds slump

Indian benchmark 10-year bonds slumped on Friday to post their worst weekly fall since early November after the central bank's first debt auction of the new fiscal year was under-subscribed for one of the tranches, setting off concerns about weak demand.
Published 07 Apr, 2014 12:00am
Long Aussie, short Swiss francs may attract interest

Long Aussie, short Swiss francs may attract interest

The Australian dollar might have some room to appreciate versus the Swiss franc even though the Reserve Bank of Australia (RBA) said on Tuesday the Aussie's "exchange rate remains high by historical standards". In its latest policy statement, the RBA kept
Published 07 Apr, 2014 12:00am
Cash trickles back to emerging markets, faces growth challenge

Cash trickles back to emerging markets, faces growth challenge

Investors are starting to move back in to emerging stocks and bonds after a long hiatus, data from fund tracker EPFR shows, but the economic slowdown gripping the developing world is likely to constrain market rallies. Emerging stock and bond funds saw th
Published 07 Apr, 2014 12:00am
Cash trickles back to emerging markets, faces growth challenge

Cash trickles back to emerging markets, faces growth challenge

Investors are starting to move back in to emerging stocks and bonds after a long hiatus, data from fund tracker EPFR shows, but the economic slowdown gripping the developing world is likely to constrain market rallies. Emerging stock and bond funds saw th
Published 07 Apr, 2014 12:00am
Latam markets gain after US payrolls report

Latam markets gain after US payrolls report

Latin American stocks and currencies rose on Friday after US payrolls data eased investor concerns that interest rates in the world's largest economy would rise sooner than expected.
Published 07 Apr, 2014 12:00am
Wall Street debates if high-speed trade rigs market

Wall Street debates if high-speed trade rigs market

Regulators have sharpened scrutiny of high-speed trading in the wake of criticism that architects of the cutting-edge practice have rigged the market against ordinary investors. The issue was vaulted to the forefront of public debate by best-selling busin
Published 07 Apr, 2014 12:00am
Wall Street week ahead: momentum names may see more pain

Wall Street week ahead: momentum names may see more pain

After their worst week in several years, high-flying stocks that defied gravity throughout 2013 look like they're in for more punishment. The reason: Despite the plunge, they still look overvalued. Familiar names such as Netflix, Facebook and Tesla Motors
Published 07 Apr, 2014 12:00am
US leads praise for 'courageous' Afghans in landmark vote

US leads praise for 'courageous' Afghans in landmark vote

The United States and the UN have praised the "courage" of Afghan people who turned out in force for presidential elections, despite Taliban threats against the vote which passed off largely peacefully. Afghan voters formed long lines outside polling stat
Published 07 Apr, 2014 12:00am
One dead as coordinated blasts hit Thai south

One dead as coordinated blasts hit Thai south

One person was killed and 14 wounded Sunday in a series of apparently co-ordinated blasts - including a car bomb - in a major town in Thailand's insurgency-hit south, the army said. Four explosions rocked Yala, a provincial capital, on Sunday afternoon in
Published 07 Apr, 2014 12:00am
Brother of Zawahiri to stand trial in Egypt

Brother of Zawahiri to stand trial in Egypt

The brother of al Qaeda chief Ayman al-Zawahiri will stand trial in Egypt along with 67 others on charges of forming a "terrorist group", state media reported on Sunday. Mohamed al-Zawahiri was arrested last August for supporting Islamist president Mohame
Published 07 Apr, 2014 12:00am
Romanians protest against Chevron fracking plans

Romanians protest against Chevron fracking plans

Thousands took to the streets of Romania on Sunday to protest against plans by US energy giant Chevron to drill for shale gas. "Chevron US, you can't just drop in uninvited and leave death in your wake", read some banners in Bucharest where hundreds of pe
Published 07 Apr, 2014 12:00am
Opposition seeks to annul election in Turkish capital

Opposition seeks to annul election in Turkish capital

Turkey's opposition called Sunday for an annulment of last weekend's mayoral vote in the capital Ankara, alleging fraud by the ruling Justice and Development Party (AKP). The Ankara electoral board had on Friday rejected a bid for a recount by the Republi
Published 07 Apr, 2014 12:00am
AFP honoured at Asia human rights media awards

AFP honoured at Asia human rights media awards

Agence France-Presse received three honours at the Human Rights Press Awards held in Hong Kong Sunday for articles and photography covering South Asia that judges praised for their depth of quality and ambition. The 18th annual edition of the pan-Asian aw
Published 07 Apr, 2014 12:00am
US defence chief warns China, drawing parallel with Crimea

US defence chief warns China, drawing parallel with Crimea

Pentagon chief Chuck Hagel on Sunday warned China against unilateral action to resolve territorial disputes with its neighbours, drawing a parallel with Russia's incursion in Ukraine as he announced two more warships would be sent to Japan. Seeking to rea
Published 07 Apr, 2014 12:00am
Japan to strike incoming North Korean missiles

Japan to strike incoming North Korean missiles

Japan's defence chief has ordered the armed forces to shoot down any North Korean ballistic missiles that threaten to hit the country, according to media reports. Defence Minister Itsunori Onodera issued the order on Thursday - without publicly announcing
Published 07 Apr, 2014 12:00am
Cash awards for cast, tech team of 'Mukhtarnama'

Cash awards for cast, tech team of 'Mukhtarnama'

Punjab Minister for Higher Education Rana Mashood Ahmed Khan and Vice Chancellor Professor Dr Muhammad Khaleeq-ur-Rahman have announced cash awards for the cast and technical team of Government College University, Lahore Dramatics Club for staging Bano Qu
Published 07 Apr, 2014 12:00am
KBP holds rally against government policies today

KBP holds rally against government policies today

The Kissan Board Pakistan (KBP) central Punjab is holding a big protest rally against the government's anti agriculture polices, high electricity tariff, and privatisation of the essential state enterprises on the G.T. road near river Chenab Bridge at 11
Published 07 Apr, 2014 12:00am
Malaysian delegation calls on chief minister Punjab

Malaysian delegation calls on chief minister Punjab

A delegation led by chairman of a prominent construction company of Malaysia, Datu Muhammad Saleem Bin Fateh Din met Punjab Chief Minister Muhammad Shahbaz Sharif, here Sunday. Zain Bin Potay, Rashpal Singh Jaswant, Abdul Hameed Muhammad Hussain, Addition
Published 07 Apr, 2014 12:00am
PU ASA demands removal of DG LDA

PU ASA demands removal of DG LDA

Punjab University Academic Staff Association has strongly condemned Lahore Development Authority on issuing one-sided press release regarding construction of road on the prime land of Punjab University. In an emergency meeting of ASA executive body held h
Published 07 Apr, 2014 12:00am
Bilawal condemns threats to Imtiaz Alam

Bilawal condemns threats to Imtiaz Alam

Patron-In-Chief of Pakistan People's Party (PPP) Bilawal Bhutto Zardari has strongly condemned the death threats to renowned journalist and Secretary General South Asia Free Media Association (SAFMA), Imtiaz Alam and asked the federal government to ensure
Published 07 Apr, 2014 12:00am
Visitors throng recreational places as weather turns pleasant

Visitors throng recreational places as weather turns pleasant

A large number of residents thronged recreational places due to pleasant weather in twin cities of Islamabad and Rawalpindi, as these points were packed with visitors on Sunday. The citizens were seen flocking the areas like Pir Sohawar, Damn-e-Koh, Fatim
Published 07 Apr, 2014 12:00am
Two hydropower projects: traders hail signing of CFAs with France

Two hydropower projects: traders hail signing of CFAs with France

Business community of Southern Punjab have hailed a Credit Facility Agreements (CFAs) singed between Pakistan and France for establishment of two hydropower projects Mohmand/Munda Hydropower project and Harpo hydropower project-with a total capacity of 78
Published 07 Apr, 2014 12:00am
Southern Punjab: PEF distributes free text books

Southern Punjab: PEF distributes free text books

The Punjab Education Foundation (PEF) has completed distribution of free text books in 2107 partner schools of 11 different districts in southern Punjab. According to details, nine cluster centres were set up in Multan, Muzaffargarh, Bahawalpur, Bahawalna
Published 07 Apr, 2014 12:00am
Punjab minister orders action against profiteers

Punjab minister orders action against profiteers

Punjab Minister for Food and Price Control Committee Chairman Bilal Yaseen has said that the government was pursuing a comprehensive policy for keeping the prices of daily use items at reasonable level under which the district administration has been dire
Published 07 Apr, 2014 12:00am
Munawar urges Nawaz to speed up talks with Taliban

Munawar urges Nawaz to speed up talks with Taliban

Jamaat-i-Islami Ameer Syed Munawar Hasan has called upon the Prime Minister and the Interior Minister to speed up the process of dialogue with Taliban as unnecessary delay could create complications. Talking to different delegations at Mansoora here on Su
Published 07 Apr, 2014 12:00am
Imran congratulates KP government over Gallup survey

Imran congratulates KP government over Gallup survey

Chairman Pakistan Tehreek-i-Insaf (PTI) Imran Khan congratulated the Khyber Pakhtunkhwa government on being able to satisfy the needs of the people of the province despite the acute security situation in the province.
Published 07 Apr, 2014 12:00am
Upgradation of IRAOs to BS-18: implementation of LHC verdict sought

Upgradation of IRAOs to BS-18: implementation of LHC verdict sought

Over 359 Inland Revenue Audit Officers (IRAOs) of the Federal Board of Revenue (FBR) have requested Finance Minister Ishaq Dar and Chairman FBR Tariq Bajwa to implement the judgement of Lahore High Court and upgrade the IRAOs to post of BS-18.
Published 07 Apr, 2014 12:00am
Zardari felicitates Afghans

Zardari felicitates Afghans

Pakistan People's Party Co-Chairman Asif Ali Zardari has felicitated the Afghan people on peaceful voting with a larger than expected turnout defying the forces that had threatened the polls. "On behalf of the Pakistan People's Party and on my own behalf
Published 07 Apr, 2014 12:00am
Fazl urges Afghans to work for political reconciliation

Fazl urges Afghans to work for political reconciliation

Chief of his own faction of Jamiat Ulema-e-Islam Maulana Fazlur Rahman has said that the effectiveness of Afghan elections was linked to Afghan internal political reconciliation. In a statement issued by the JUI-F spokesman, the Maulana said after complet
Published 07 Apr, 2014 12:00am
Tharparkar debacle: PRF holds Sindh govt responsible

Tharparkar debacle: PRF holds Sindh govt responsible

Pakistan Relief Foundation (PRF) held Sindh government responsible for the deaths of about 150 innocent children and a large number of livestock in Tharparkar. This was mentioned in PRF's comprehensive assessment report titled "PRF Report on drought/famin
Published 07 Apr, 2014 12:00am
Military opposes release of Taliban prisoners?

Military opposes release of Taliban prisoners?

The release of 19 Taliban detainees was, reportedly, opposed by the top military leadership even though the Taliban maintain that none of those released was on the list that they gave to the government. Sources privy to the development maintain that Chief
Published 07 Apr, 2014 12:00am
Sain Ahmad Ali's death anniversary on April 13

Sain Ahmad Ali's death anniversary on April 13

Gandhara Hindko Board, a literary, cultural and social welfare organisation, will hold a function on April 13 to mark the death anniversary of the great Hindko mystic poet, Sain Ahmad Ali. A delegation of writers and poets will visit the shrine of the mys
Published 07 Apr, 2014 12:00am
KP launches Inter Provincial Youth Exchange Programme

KP launches Inter Provincial Youth Exchange Programme

The Youth Affairs Department of Government of Khyber Pakhtunkhwa has been in the process of organising many unique activities in the province. One such activity is the "Inter provincial Youth Exchange Programme". The first phase of this activity includes
Published 07 Apr, 2014 12:00am
US shale gas - too little, too late

US shale gas - too little, too late

Now, even with the US signing trade agreements with non-FTA countries, Pakistan still has no choice but to turn to other countries for LNG import - at least in the short run, says Mohammad Raziuddin, energy expert and chief executive officer of the Khyber
Published 07 Apr, 2014 12:00am
Merkel ally says US assurances on NSA spying 'insufficient'

Merkel ally says US assurances on NSA spying 'insufficient'

A leading ally of Angela Merkel has criticised the United States for failing to provide sufficient assurances on its spying tactics and said bilateral talks were unlikely to make much progress before the German leader visits Washington next month.
Published 07 Apr, 2014 12:00am
Libyan rebels, government reach deal to open some seized oil ports

Libyan rebels, government reach deal to open some seized oil ports

Libyan rebels occupying key eastern oil ports have reached an agreement with the government to reopen two terminals, a rebel spokesman said on Sunday. The spokesman said the agreement would reopen Zueitina and Hariga ports in the east, but government offi
Published 07 Apr, 2014 12:00am
Last-ditch talks as Israel warns Palestinians of reprisals

Last-ditch talks as Israel warns Palestinians of reprisals

Israel and the Palestinians held last-ditch talks with a US envoy Sunday on salvaging their teetering peace talks, after the Jewish state threatened to take retaliatory measures. Warning that the peace process was on the edge of collapse, an Israeli offic
Published 07 Apr, 2014 12:00am
Last-ditch talks as Israel warns Palestinians of reprisals

Last-ditch talks as Israel warns Palestinians of reprisals

Israel and the Palestinians held last-ditch talks with a US envoy Sunday on salvaging their teetering peace talks, after the Jewish state threatened to take retaliatory measures. Warning that the peace process was on the edge of collapse, an Israeli offic
Published 07 Apr, 2014 12:00am
Pro-Russians seize state buildings in eastern Ukraine

Pro-Russians seize state buildings in eastern Ukraine

Activists chanting "Russia!" broke through police lines Sunday and stormed several government buildings in eastern Ukrainian regions seeking independence from Kiev following last montth's fall of a Kremlin regime. Clashes in Donetsk and similar rallies in
Published 07 Apr, 2014 12:00am
Pro-Russians seize state buildings in eastern Ukraine

Pro-Russians seize state buildings in eastern Ukraine

Activists chanting "Russia!" broke through police lines Sunday and stormed several government buildings in eastern Ukrainian regions seeking independence from Kiev following last montth's fall of a Kremlin regime. Clashes in Donetsk and similar rallies in
Published 07 Apr, 2014 12:00am
Four abducted soldiers back in Iran

Four abducted soldiers back in Iran

Four Iranian soldiers abducted by Sunni extremists have returned home after being held for two months in neighbouring Pakistan, state media on Sunday cited the intelligence ministry as saying. The ministry did not address the fate of Jamshid Danayifar, a
Published 07 Apr, 2014 12:00am
Four abducted soldiers back in Iran

Four abducted soldiers back in Iran

Four Iranian soldiers abducted by Sunni extremists have returned home after being held for two months in neighbouring Pakistan, state media on Sunday cited the intelligence ministry as saying. The ministry did not address the fate of Jamshid Danayifar, a
Published 07 Apr, 2014 12:00am
Excisable commodities: Swiss firm offers help to combat illegal trade

Excisable commodities: Swiss firm offers help to combat illegal trade

A company from Switzerland is pursuing Pakistani tax authorities to introduce security marking, tax stamps and security ink/labels, etc on different goods, especially those subjected to excise duty. It is reliably learnt here on Sunday that the said compa
Published 07 Apr, 2014 12:00am
Excisable commodities: Swiss firm offers help to combat illegal trade

Excisable commodities: Swiss firm offers help to combat illegal trade

A company from Switzerland is pursuing Pakistani tax authorities to introduce security marking, tax stamps and security ink/labels, etc on different goods, especially those subjected to excise duty. It is reliably learnt here on Sunday that the said compa
Published 07 Apr, 2014 12:00am
Excisable commodities: Swiss firm offers help to combat illegal trade

Excisable commodities: Swiss firm offers help to combat illegal trade

A company from Switzerland is pursuing Pakistani tax authorities to introduce security marking, tax stamps and security ink/labels, etc on different goods, especially those subjected to excise duty. It is reliably learnt here on Sunday that the said compa
Published 07 Apr, 2014 12:00am
Pending refund claims: taxpayers meeting with LCCI body on April 8

Pending refund claims: taxpayers meeting with LCCI body on April 8

The registered taxpayers and exporters would gather in Lahore on Tuesday (April 8) to present their cases before the sales tax refund committee of Lahore Chamber of Commerce and Industry (LCCI) for finalising the strategy to deal with issue of pending sal
Published 07 Apr, 2014 12:00am
Pending refund claims: taxpayers meeting with LCCI body on April 8

Pending refund claims: taxpayers meeting with LCCI body on April 8

The registered taxpayers and exporters would gather in Lahore on Tuesday (April 8) to present their cases before the sales tax refund committee of Lahore Chamber of Commerce and Industry (LCCI) for finalising the strategy to deal with issue of pending sal
Published 07 Apr, 2014 12:00am
Pending refund claims: taxpayers meeting with LCCI body on April 8

Pending refund claims: taxpayers meeting with LCCI body on April 8

The registered taxpayers and exporters would gather in Lahore on Tuesday (April 8) to present their cases before the sales tax refund committee of Lahore Chamber of Commerce and Industry (LCCI) for finalising the strategy to deal with issue of pending sal
Published 07 Apr, 2014 12:00am
Export of technology abroad: SECD to act as licensing body

Export of technology abroad: SECD to act as licensing body

The Director-General of Strategic Export Control Division (SECD) of the Ministry of Foreign Affairs, Zafar Ali, has said that "we will formulate and enforce rules and regulations for the implementation of export controls in accordance with the Export Cont
Published 07 Apr, 2014 12:00am
Export of technology abroad: SECD to act as licensing body

Export of technology abroad: SECD to act as licensing body

The Director-General of Strategic Export Control Division (SECD) of the Ministry of Foreign Affairs, Zafar Ali, has said that "we will formulate and enforce rules and regulations for the implementation of export controls in accordance with the Export Cont
Published 07 Apr, 2014 12:00am
Export of technology abroad: SECD to act as licensing body

Export of technology abroad: SECD to act as licensing body

The Director-General of Strategic Export Control Division (SECD) of the Ministry of Foreign Affairs, Zafar Ali, has said that "we will formulate and enforce rules and regulations for the implementation of export controls in accordance with the Export Cont
Published 07 Apr, 2014 12:00am
Prisoners' release: government and TTP working on mechanism: Ibrahim

Prisoners' release: government and TTP working on mechanism: Ibrahim

One of the members of Taliban's intermediary committee, Professor Ibrahim Khan, on Sunday said that the success of ongoing peace talks between the government and Tehreek-e-Taliban Pakistan (TTP) would materialise the dream of peace in the country. Talking
Published 07 Apr, 2014 12:00am
Prisoners' release: government and TTP working on mechanism: Ibrahim

Prisoners' release: government and TTP working on mechanism: Ibrahim

One of the members of Taliban's intermediary committee, Professor Ibrahim Khan, on Sunday said that the success of ongoing peace talks between the government and Tehreek-e-Taliban Pakistan (TTP) would materialise the dream of peace in the country. Talking
Published 07 Apr, 2014 12:00am
Three bandits break open 52 lockers, rob cash, jewellery

Three bandits break open 52 lockers, rob cash, jewellery

At least 52 out of 1677 lockers of a private bank's retired employees were robbed by 3 alleged dacoits on Sunday in the limits of Soldier Bazaar police station. SHO Sohail said the robbery incident took place in morning when three dacoits barged into the
Published 07 Apr, 2014 12:00am
Three bandits break open 52 lockers, rob cash, jewellery

Three bandits break open 52 lockers, rob cash, jewellery

At least 52 out of 1677 lockers of a private bank's retired employees were robbed by 3 alleged dacoits on Sunday in the limits of Soldier Bazaar police station. SHO Sohail said the robbery incident took place in morning when three dacoits barged into the
Published 07 Apr, 2014 12:00am
South Korea finds 'drone' suspected from North Korea: army

South Korea finds 'drone' suspected from North Korea: army

South Korean military said Sunday it had found an unidentified "drone" suspected to have flown from North Korea, following the discovery of two similar objects near the border in recent weeks. The South earlier found two unsophisticated unmanned aerial ve
Published 07 Apr, 2014 12:00am
Nigeria becomes Africa's biggest economy

Nigeria becomes Africa's biggest economy

Nigeria on Sunday became Africa's biggest economy, leap-frogging South Africa, after the government announced a long-overdue rebasing of the country's gross domestic product. The new calculations take into account changes in production and consumption sin
Published 07 Apr, 2014 12:00am
Disposal of securities: CGT rate not to be frozen

Disposal of securities: CGT rate not to be frozen

The government has no intention to freeze the rate of Capital Gains Tax (CGT) on disposal of securities (Tax Year 2015) at existing 10 per cent in budget (2014-15). Sources told Business Recorder here on Sunday that the Federal Board of Revenue (FBR) woul
Published 07 Apr, 2014 12:00am
Disposal of securities: CGT rate not to be frozen

Disposal of securities: CGT rate not to be frozen

The government has no intention to freeze the rate of Capital Gains Tax (CGT) on disposal of securities (Tax Year 2015) at existing 10 per cent in budget (2014-15). Sources told Business Recorder here on Sunday that the Federal Board of Revenue (FBR) woul
Published 07 Apr, 2014 12:00am
Disposal of securities: CGT rate not to be frozen

Disposal of securities: CGT rate not to be frozen

The government has no intention to freeze the rate of Capital Gains Tax (CGT) on disposal of securities (Tax Year 2015) at existing 10 per cent in budget (2014-15). Sources told Business Recorder here on Sunday that the Federal Board of Revenue (FBR) woul
Published 07 Apr, 2014 12:00am
Army personnel must not be treated as domestic servants: Shujaat

Army personnel must not be treated as domestic servants: Shujaat

President Pakistan Muslim League (Q) (PML-Q) and former Prime Minister Senator Chaudhry Shujaat Hussain has warned that the army should not be treated as domestic servants and humiliated. The veteran politician was talking to media persons at his residenc
Published 07 Apr, 2014 12:00am
Army personnel must not be treated as domestic servants: Shujaat

Army personnel must not be treated as domestic servants: Shujaat

President Pakistan Muslim League (Q) (PML-Q) and former Prime Minister Senator Chaudhry Shujaat Hussain has warned that the army should not be treated as domestic servants and humiliated. The veteran politician was talking to media persons at his residenc
Published 07 Apr, 2014 12:00am
Smooth Afghan election raises questions about Taliban's strength

Smooth Afghan election raises questions about Taliban's strength

A bigger-than-expected turnout in Afghanistan's presidential election and the Taliban's failure to significantly disrupt the vote has raised questions about the capacity of the insurgents to tip the country back into chaos as foreign troops head home. The
Published 07 Apr, 2014 12:00am
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