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May 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-05-19
Powdered urea import causing loss, ECC told

Powdered urea import causing loss, ECC told

Trading Corporation of Pakistan (TCP) has allegedly imported powdered urea worth billions of rupees which is not being procured by farmers and it is apprehended that a huge loss will be inflicted on the national kitty in case the volume of sales remains a
Published 19 May, 2014 12:00am
Indonesian island hopes to spark green power revolution

Indonesian island hopes to spark green power revolution

An Indonesian family of farmers eat cobs of corn outside their hut under the glow of a light bulb, as the women weave and young men play with mobile phones. Until two years ago, most people in Kamanggih village on the island of Sumba had no power at all.
Published 19 May, 2014 12:00am
Belated, but right decision

Belated, but right decision

It is good to learn that Prime Minister Muhammad Nawaz Sharif has made it clear that his government is working on a war-footing to eradicate polio and it has decided to make all resources available towards making Pakistan a polio-free country in the near
Published 19 May, 2014 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (May 12 to 16 2014).

Published 19 May, 2014 12:00am
The Weather

The Weather

The weather report on Sunday (May 18, 2014) and the forecast for Monday (May 19, 2014).

Published 19 May, 2014 12:00am
Modi holds talks on new right-wing government

Modi holds talks on new right-wing government

Prime minister-elect Narendra Modi summoned senior figures from his Hindu nationalist party on Sunday for talks on forming a new government that is set to steer India sharply to the right. Modi was holding meetings in New Delhi with aides, advisers and st
Published 19 May, 2014 12:00am
Modi holds talks on new right-wing government

Modi holds talks on new right-wing government

Prime minister-elect Narendra Modi summoned senior figures from his Hindu nationalist party on Sunday for talks on forming a new government that is set to steer India sharply to the right. Modi was holding meetings in New Delhi with aides, advisers and st
Published 19 May, 2014 12:00am
Toll mounts as thousands in Serbia, Bosnia flee floods

Toll mounts as thousands in Serbia, Bosnia flee floods

Thousands of people crammed into boats and army trucks fled their homes in Serbia and Bosnia Sunday after record rainfall turned the Sava river into a deadly torrent and caused the worst floods in more than a century. According to officials in both countr
Published 19 May, 2014 12:00am
Toll mounts as thousands in Serbia, Bosnia flee floods

Toll mounts as thousands in Serbia, Bosnia flee floods

Thousands of people crammed into boats and army trucks fled their homes in Serbia and Bosnia Sunday after record rainfall turned the Sava river into a deadly torrent and caused the worst floods in more than a century. According to officials in both countr
Published 19 May, 2014 12:00am
THE RUPEE: modest gains

THE RUPEE: modest gains

The rupee managed to hold it's firmness versus the dollar on the currency market during the week, ended on May 17, 2014. In the interbank market, the rupee posted fresh gains of 30 paisa in terms of the dollar for buying and selling at 98.52 and Rs 98.54.
Published 19 May, 2014 12:00am
THE RUPEE: modest gains

THE RUPEE: modest gains

The rupee managed to hold it's firmness versus the dollar on the currency market during the week, ended on May 17, 2014. In the interbank market, the rupee posted fresh gains of 30 paisa in terms of the dollar for buying and selling at 98.52 and Rs 98.54.
Published 19 May, 2014 12:00am
Bullish trend persists

Bullish trend persists

Karachi share market witnessed strong recovery during the week ended on May 16, 2014, supported by the MSCI review. The benchmark KSE-100 index climbed up by 389 points or 1.36 per cent to close at 28,883.33 points compared to 28,494.54 points a week earl
Published 19 May, 2014 12:00am
Bullish trend persists

Bullish trend persists

Karachi share market witnessed strong recovery during the week ended on May 16, 2014, supported by the MSCI review. The benchmark KSE-100 index climbed up by 389 points or 1.36 per cent to close at 28,883.33 points compared to 28,494.54 points a week earl
Published 19 May, 2014 12:00am
Bullish trend persists

Bullish trend persists

Karachi share market witnessed strong recovery during the week ended on May 16, 2014, supported by the MSCI review. The benchmark KSE-100 index climbed up by 389 points or 1.36 per cent to close at 28,883.33 points compared to 28,494.54 points a week earl
Published 19 May, 2014 12:00am
Futures spreads up by 287 basis points

Futures spreads up by 287 basis points

The futures spreads increased by 287 basis points to 11.01 per cent during the outgoing week ended on May 16, 2014. Trading activity on the futures counter witnessed a downward trend and average daily volumes declined by 6.3 per cent to 10.39 million shar
Published 19 May, 2014 12:00am
Futures spreads up by 287 basis points

Futures spreads up by 287 basis points

The futures spreads increased by 287 basis points to 11.01 per cent during the outgoing week ended on May 16, 2014. Trading activity on the futures counter witnessed a downward trend and average daily volumes declined by 6.3 per cent to 10.39 million shar
Published 19 May, 2014 12:00am
Futures spreads up by 287 basis points

Futures spreads up by 287 basis points

The futures spreads increased by 287 basis points to 11.01 per cent during the outgoing week ended on May 16, 2014. Trading activity on the futures counter witnessed a downward trend and average daily volumes declined by 6.3 per cent to 10.39 million shar
Published 19 May, 2014 12:00am
Futures spreads up by 287 basis points

Futures spreads up by 287 basis points

The futures spreads increased by 287 basis points to 11.01 per cent during the outgoing week ended on May 16, 2014. Trading activity on the futures counter witnessed a downward trend and average daily volumes declined by 6.3 per cent to 10.39 million shar
Published 19 May, 2014 12:00am
Vietnam stifles new demonstrations as China fumes

Vietnam stifles new demonstrations as China fumes

Vietnamese security forces stifled fresh protests Sunday over China's plans to drill for oil in contested waters, as Beijing sent five ships to help evacuate its nationals from Vietnam following deadly mass riots last week. China's state media said more t
Published 19 May, 2014 12:00am
Vietnam stifles new demonstrations as China fumes

Vietnam stifles new demonstrations as China fumes

Vietnamese security forces stifled fresh protests Sunday over China's plans to drill for oil in contested waters, as Beijing sent five ships to help evacuate its nationals from Vietnam following deadly mass riots last week. China's state media said more t
Published 19 May, 2014 12:00am
Rogue French trader defies deadline to start prison term

Rogue French trader defies deadline to start prison term

Rogue trader Jerome Kerviel refused to return to France on Sunday ahead of a midnight deadline to begin a three-year prison term and called for President Francois Hollande to intervene in his case. The 37-year-old, who brought one of Europe's biggest bank
Published 19 May, 2014 12:00am
Rogue French trader defies deadline to start prison term

Rogue French trader defies deadline to start prison term

Rogue trader Jerome Kerviel refused to return to France on Sunday ahead of a midnight deadline to begin a three-year prison term and called for President Francois Hollande to intervene in his case. The 37-year-old, who brought one of Europe's biggest bank
Published 19 May, 2014 12:00am
Pakistan and Afghanistan mull trade expansion

Pakistan and Afghanistan mull trade expansion

Pakistan and Afghanistan on Sunday underscored the need for taking practical measures to enhance the bilateral trade from $2.4 billion to $5 billion in the years ahead. This was discussed in a meeting between Pakistan's Ambassador to Afghanistan Syed Abra
Published 19 May, 2014 12:00am
Pakistan and Afghanistan mull trade expansion

Pakistan and Afghanistan mull trade expansion

Pakistan and Afghanistan on Sunday underscored the need for taking practical measures to enhance the bilateral trade from $2.4 billion to $5 billion in the years ahead. This was discussed in a meeting between Pakistan's Ambassador to Afghanistan Syed Abra
Published 19 May, 2014 12:00am
Pakistan and Afghanistan mull trade expansion

Pakistan and Afghanistan mull trade expansion

Pakistan and Afghanistan on Sunday underscored the need for taking practical measures to enhance the bilateral trade from $2.4 billion to $5 billion in the years ahead. This was discussed in a meeting between Pakistan''s Ambassador to Afghanistan Syed Abr
Published 19 May, 2014 12:00am
Army chief to attend tripartite meeting in Kabul

Army chief to attend tripartite meeting in Kabul

Chief of Army Staff (COAS) General Raheel Sharif is scheduled to leave for Kabul on Monday to represent Pakistan at a trilateral meeting with Commanders of Afghan and International Security Assistance Force (ISAF). Defence sources said that in the up-comi
Published 19 May, 2014 12:00am
Army chief to attend tripartite meeting in Kabul

Army chief to attend tripartite meeting in Kabul

Chief of Army Staff (COAS) General Raheel Sharif is scheduled to leave for Kabul on Monday to represent Pakistan at a trilateral meeting with Commanders of Afghan and International Security Assistance Force (ISAF). Defence sources said that in the up-comi
Published 19 May, 2014 12:00am
Swiss turn down world's highest minimum wage

Swiss turn down world's highest minimum wage

Swiss voters on Sunday rejected a proposed hourly minimum wage of $25 - which would have been the world's highest - in one of the planet's priciest nations, a polling agency said. Only 23 percent of Swiss voters came out in favour of introducing a minimum
Published 19 May, 2014 12:00am
Swiss turn down world's highest minimum wage

Swiss turn down world's highest minimum wage

Swiss voters on Sunday rejected a proposed hourly minimum wage of $25 - which would have been the world's highest - in one of the planet's priciest nations, a polling agency said. Only 23 percent of Swiss voters came out in favour of introducing a minimum
Published 19 May, 2014 12:00am
Swiss turn down world''s highest minimum wage

Swiss turn down world''s highest minimum wage

Swiss voters on Sunday rejected a proposed hourly minimum wage of $25 - which would have been the world''s highest - in one of the planet''s priciest nations, a polling agency said. Only 23 percent of Swiss voters came out in favour of introducing a minim
Published 19 May, 2014 12:00am
Punjab government announces Rs five billion Ramazan Package

Punjab government announces Rs five billion Ramazan Package

Punjab Chief Minister Muhammad Shahbaz Sharif has announced a Rs5 billion Ramazan Package. Under Ramazan Package, flour bags will be available to people at Ramazan Bazaars and in open market at concessionary rates. A total of 360 Ramazan Bazaars will be s
Published 19 May, 2014 12:00am
Punjab government announces Rs five billion Ramazan Package

Punjab government announces Rs five billion Ramazan Package

Punjab Chief Minister Muhammad Shahbaz Sharif has announced a Rs5 billion Ramazan Package. Under Ramazan Package, flour bags will be available to people at Ramazan Bazaars and in open market at concessionary rates. A total of 360 Ramazan Bazaars will be s
Published 19 May, 2014 12:00am
Punjab government announces Rs five billion Ramazan Package

Punjab government announces Rs five billion Ramazan Package

Punjab Chief Minister Muhammad Shahbaz Sharif has announced a Rs5 billion Ramazan Package. Under Ramazan Package, flour bags will be available to people at Ramazan Bazaars and in open market at concessionary rates. A total of 360 Ramazan Bazaars will be s
Published 19 May, 2014 12:00am
Policymaking: budget must reflect government vision: Dar

Policymaking: budget must reflect government vision: Dar

Finance Minister Senator Ishaq Dar chaired a meeting to review the ongoing budget process at the FBR headquarters here on Sunday. The Finance Minister was briefed by the FBR Chairman on broad outlines of the measures being considered for inclusion in the
Published 19 May, 2014 12:00am
Policymaking: budget must reflect government vision: Dar

Policymaking: budget must reflect government vision: Dar

Finance Minister Senator Ishaq Dar chaired a meeting to review the ongoing budget process at the FBR headquarters here on Sunday. The Finance Minister was briefed by the FBR Chairman on broad outlines of the measures being considered for inclusion in the
Published 19 May, 2014 12:00am
Policymaking: budget must reflect government vision: Dar

Policymaking: budget must reflect government vision: Dar

Finance Minister Senator Ishaq Dar chaired a meeting to review the ongoing budget process at the FBR headquarters here on Sunday. The Finance Minister was briefed by the FBR Chairman on broad outlines of the measures being considered for inclusion in the
Published 19 May, 2014 12:00am
Policymaking: budget must reflect government vision: Dar

Policymaking: budget must reflect government vision: Dar

Finance Minister Senator Ishaq Dar chaired a meeting to review the ongoing budget process at the FBR headquarters here on Sunday. The Finance Minister was briefed by the FBR Chairman on broad outlines of the measures being considered for inclusion in the
Published 19 May, 2014 12:00am
Was there a case for rate cut?

Was there a case for rate cut?

No change, said the SBP's verdict on Saturday - as per market expectations and IMF's directions. To understand SBP's reasoning behind the decision, one has to look at the three interrelated price variables that the monetary policy uses as tools for macroe
Published 19 May, 2014 12:00am
Was there a case for rate cut?

Was there a case for rate cut?

No change, said the SBP's verdict on Saturday - as per market expectations and IMF's directions. To understand SBP's reasoning behind the decision, one has to look at the three interrelated price variables that the monetary policy uses as tools for macroe
Published 19 May, 2014 12:00am
Was there a case for rate cut?

Was there a case for rate cut?

No change, said the SBP''s verdict on Saturday - as per market expectations and IMF''s directions. To understand SBP''s reasoning behind the decision, one has to look at the three interrelated price variables that the monetary policy uses as tools for mac
Published 19 May, 2014 12:00am
Alphonso ban prompts protest in Britain

Alphonso ban prompts protest in Britain

A ban on European imports of India's Alphonso mango - prized for its perfumed aroma and buttery flesh - is drawing anger from British Indians, who say the move is unfair and deprives them of one of summer's sweetest flavours. The "king of fruits" and othe
Published 19 May, 2014 12:00am
Alphonso ban prompts protest in Britain

Alphonso ban prompts protest in Britain

A ban on European imports of India's Alphonso mango - prized for its perfumed aroma and buttery flesh - is drawing anger from British Indians, who say the move is unfair and deprives them of one of summer's sweetest flavours. The "king of fruits" and othe
Published 19 May, 2014 12:00am
Alphonso ban prompts protest in Britain

Alphonso ban prompts protest in Britain

A ban on European imports of India''s Alphonso mango - prized for its perfumed aroma and buttery flesh - is drawing anger from British Indians, who say the move is unfair and deprives them of one of summer''s sweetest flavours. The "king of fruits" and ot
Published 19 May, 2014 12:00am
Sethi to appeal as PCB lurches into fresh crisis

Sethi to appeal as PCB lurches into fresh crisis

Suspended cricket chief Najam Sethi vowed on Sunday to appeal against a court judgement which reinstated his rival in the latest round of musical chairs in the game's management. The Islamabad High Court on Saturday overturned a February 10 order by Prime
Published 19 May, 2014 12:00am
24 countries to take part in Jordan wargames

24 countries to take part in Jordan wargames

More than 13,000 soldiers from 24 countries are to take part in the annual "Eager Lion" military exercise in Jordan, state news agency Petra said Sunday. It said "ground, air and naval forces comprising a total of more than 13,000 soldiers" are to be depl
Published 19 May, 2014 12:00am
SpaceX Dragon capsule leaves space station

SpaceX Dragon capsule leaves space station

The cargo ship Dragon, owned by California-based company Space Exploration Technologies, ended its 28-day stay at the International Space Station on Sunday and headed for a splashdown in the Pacific Ocean.
Published 19 May, 2014 12:00am
New York Times shakeup unrelated to pay, gender: publisher

New York Times shakeup unrelated to pay, gender: publisher

The publisher of the New York Times has denied that the firing of top editor Jill Abramson was linked to a salary dispute or sexism. The celebrated newspaper's first female executive editor was abruptly let go last week, sparking much debate on the
Published 19 May, 2014 12:00am
Sri Lanka celebrates end of war, blocks commemorations

Sri Lanka celebrates end of war, blocks commemorations

President Mahinda Rajapakse led celebrations at a major victory parade Sunday to mark the fifth anniversary of the end of Sri Lanka's Tamil separatist war after commemorations for its victims were blocked. Most top envoys of Western nations stayed away fr
Published 19 May, 2014 12:00am
Iraq election candidate kidnapped as attacks kill nine

Iraq election candidate kidnapped as attacks kill nine

Militants kidnapped an Iraqi election candidate Sunday as attacks in Baghdad and northern Iraq killed nine people and officials prepared to announce the results of last month's election. The latest unrest is part of a year-long surge in bloodshed that has
Published 19 May, 2014 12:00am
Syria general killed, mass voter turnout urged

Syria general killed, mass voter turnout urged

Syrian authorities Sunday announced the death in combat of a general near Damascus, while urging a mass turnout in a June 3 presidential election branded a "farce" by the opposition. General Hussein Isaac died of wounds suffered in fighting at Mleiha, a k
Published 19 May, 2014 12:00am
Watermelon sales in full swing in twin cities

Watermelon sales in full swing in twin cities

With large supply of watermelons, vendors have set up stalls of red juicy fruit in different areas of twin cities of Rawalpindi and Islamabad. Large number of stalls of watermelons could be seen in Khanna Pul, Sadiqabad, Satellite Town, Tench Bhata, Dhok
Published 19 May, 2014 12:00am
No reality in Ibad's departure to Dubai

No reality in Ibad's departure to Dubai

Muttahida Qaumi Movement (MQM) Information Department spokesman said on Sunday that there was no reality in information regarding Governor Sindh Dr Ishrat-ul-Ibad Khan's departure to Dubai or any other country. In a statement issued from the MQM central o
Published 19 May, 2014 12:00am
Sialkot district: growers to sow paddy over 0.39 million acres of land

Sialkot district: growers to sow paddy over 0.39 million acres of land

Over 3,91,260 acres of land would be brought under paddy crop cultivation during the Kharif season in Sialkot district. The Agriculture Department has directed the rice growers that paddy nurseries should be cultivated after May 20 in their respective are
Published 19 May, 2014 12:00am
Five outlaws killed, two abducted labourers rescued

Five outlaws killed, two abducted labourers rescued

Five people were killed in exchange of fire with police while two abducted labourers were rescued here on Sunday. The accused had killed four persons including two brothers in Bhawana over old enmity and escaped taking hostage two labourers to use them as
Published 19 May, 2014 12:00am
Mango growers slice in to India market

Mango growers slice in to India market

Mango growers are hoping to take a slice out of rival India's export market thanks to tough new European regulations. The sweet yellow fruit is a contentious matter regionally, with both countries proclaiming it a national treasure and fighting over whose
Published 19 May, 2014 12:00am
PEF launches EVS expansion phase 12

PEF launches EVS expansion phase 12

The Punjab Education Foundation has launched expansion phase 12 of its education voucher scheme (EVS) in the districts of Faisalabad, Muzaffargarh, Dera Ghazi Khan and Rajanpur. During this expansion phase, deserving students of these districts will be of
Published 19 May, 2014 12:00am
Monetary Policy highly disappointing: MCCI chief

Monetary Policy highly disappointing: MCCI chief

The business community, industrialists and exporters have expressed complete dissatisfaction over the unchanged discount rate announced in the Monetary Policy by State Bank of Pakistan on Saturday. The decision has not been taken after considering industr
Published 19 May, 2014 12:00am
Irsa increases water outflows from dams

Irsa increases water outflows from dams

The Indus River System Authority (Irsa) has stopped filling the reservoirs and increased water downstream the dams to further augment cheap hydel power generation and minimise the loadshedding. Punjab irrigation engineers told Business Recorder on
Published 19 May, 2014 12:00am
PML-Q holds rallies in support of army

PML-Q holds rallies in support of army

Pakistan Muslim League-Q (PML-Q) took out rallies in support of Pakistan Army and ISI in eight districts of Punjab, including Sialkot, Sahiwal, Jhang, Okara, Khanewal, Bahawalnagar, Pakpattan and Vehari on Sunday. The participants of these largely attende
Published 19 May, 2014 12:00am
Three fall prey to incidents of violence

Three fall prey to incidents of violence

Three people, including a boy, were killed in different violence incidents in the city on Sunday. A teenager boy, Roshan Marri, 14, son of Jamal Marri, was found dead from Birohi Goth within the limit of Manghopir police station. The body was shifted to A
Published 19 May, 2014 12:00am
Three suspects involved in looting bank's lockers arrested

Three suspects involved in looting bank's lockers arrested

Karachi Police on Sunday claimed to have arrested three suspects allegedly involved in looting lockers in Garden area. The robbers had broken lockers of a private bank on April 6 and taken away valuables, gold and jewelries worth rupees millions.
Published 19 May, 2014 12:00am
FBR mulling increasing CGT rate in phase-wise manner

FBR mulling increasing CGT rate in phase-wise manner

The Federal Board of Revenue (FBR) is examining a budget proposal for not suddenly increasing the rate of capital gains tax (CGT) from 10 to 17.5 per cent on securities traded at the stock exchanges in budget (2014-15).
Published 19 May, 2014 12:00am
FC saves Quetta from catastrophe

FC saves Quetta from catastrophe

The personnel of Frontier Corps in Balochistan recovered two bombs planted in a bicycle along Mastung road here on Sunday and saved the provincial metropolis from major disaster. A FC spokesman said that FC troops during routine patrol spotted a suspected
Published 19 May, 2014 12:00am
Imran doing politics of conflict: Asif

Imran doing politics of conflict: Asif

Federal Minister for Water and Power Khawaja Muhammad Asif said on Sunday the government was playing an instrumental role in strengthening national institutions of the country. Talking to the media at his residence, he said the government was taking all o
Published 19 May, 2014 12:00am
KP Governor grieved

KP Governor grieved

Khyber Pakhtunkhwa Governor, Sardar Mahtab Ahmad Khan has expressed his heartfelt condolence on sad demise of the prominent worker of Pakistan Movement Alhaj AlhafudDin who breathed his last in Peshawar on Sunday.
Published 19 May, 2014 12:00am
People suffer as potato prices go up

People suffer as potato prices go up

Despite reports of bumper potato crop this season, prices of the commodity are not showing downward trend and instead registering many fold increase. According to reports gathered from different parts of the country, the potato price has risen up to Rs80
Published 19 May, 2014 12:00am
Real change is now visible in KP, claims chief minister KP

Real change is now visible in KP, claims chief minister KP

Chief Minister KPK Pervaiz Khattak said on Sunday that the real change in KP has come because all the KPK ministers have totally abolished the VIP culture and none of them carry any protocol despite huge security risks. They travel in their cars, driving
Published 19 May, 2014 12:00am
Railways announces reduction in freight charges

Railways announces reduction in freight charges

Minister for Railways Khawaja Saad Rafique has announced reduction in freight charges of goods trains besides attractive facilities to compete with the road transporters. Speaking at a press conference here at Railways Headquarters on Sunday, he said that
Published 19 May, 2014 12:00am
Powdered urea import causing loss, ECC told

Powdered urea import causing loss, ECC told

Trading Corporation of Pakistan (TCP) has allegedly imported powdered urea worth billions of rupees which is not being procured by farmers and it is apprehended that a huge loss will be inflicted on the national kitty in case the volume of sales remains a
Published 19 May, 2014 12:00am
Powdered urea import causing loss, ECC told

Powdered urea import causing loss, ECC told

Trading Corporation of Pakistan (TCP) has allegedly imported powdered urea worth billions of rupees which is not being procured by farmers and it is apprehended that a huge loss will be inflicted on the national kitty in case the volume of sales remains a
Published 19 May, 2014 12:00am
Egypt courts jail over 160 Morsi backers

Egypt courts jail over 160 Morsi backers

An Egyptian court on Sunday sentenced 126 supporters of ousted Islamist president Mohamed Morsi to 10 years in prison each in a mass trial over protest violence, judicial sources said. Another court, in Cairo, sentenced a further 37 alleged Morsi supporte
Published 19 May, 2014 12:00am
Egypt courts jail over 160 Morsi backers

Egypt courts jail over 160 Morsi backers

An Egyptian court on Sunday sentenced 126 supporters of ousted Islamist president Mohamed Morsi to 10 years in prison each in a mass trial over protest violence, judicial sources said. Another court, in Cairo, sentenced a further 37 alleged Morsi supporte
Published 19 May, 2014 12:00am
PCB chairman: ministry to challenge IHC verdict

PCB chairman: ministry to challenge IHC verdict

Ministry of Inter Provincial Co-ordination (IPC) has decided to challenge Islamabad High Court's (IHC) decision of reinstating Zaka Ashraf as Chairman Pakistan Cricket Board (PCB), it has been learnt. Sources said the ministry is likely to file an appeal
Published 19 May, 2014 12:00am
PCB chairman: ministry to challenge IHC verdict

PCB chairman: ministry to challenge IHC verdict

Ministry of Inter Provincial Co-ordination (IPC) has decided to challenge Islamabad High Court's (IHC) decision of reinstating Zaka Ashraf as Chairman Pakistan Cricket Board (PCB), it has been learnt. Sources said the ministry is likely to file an appeal
Published 19 May, 2014 12:00am
Senate body launches Media Manual on Defence Budget today

Senate body launches Media Manual on Defence Budget today

Senate Defence Committee, under the chairmanship of Senator Mushahid Hussain Sayed, will launch Media Manual on Defence Budget on Monday at here at Pakistan Institute for Parliamentary Services (PIPS).
Published 19 May, 2014 12:00am
Senate body launches Media Manual on Defence Budget today

Senate body launches Media Manual on Defence Budget today

Senate Defence Committee, under the chairmanship of Senator Mushahid Hussain Sayed, will launch Media Manual on Defence Budget on Monday at here at Pakistan Institute for Parliamentary Services (PIPS).
Published 19 May, 2014 12:00am
Libya parliament attacked

Libya parliament attacked

Clashes broke out Sunday near the interim parliament in Tripoli, adding to turmoil in Libya where a rogue general has launched an offensive against Islamists in the city of Benghazi. MPs were evacuated from the building in southern Tripoli as heavy gunfir
Published 19 May, 2014 12:00am
Libya parliament attacked

Libya parliament attacked

Clashes broke out Sunday near the interim parliament in Tripoli, adding to turmoil in Libya where a rogue general has launched an offensive against Islamists in the city of Benghazi. MPs were evacuated from the building in southern Tripoli as heavy gunfir
Published 19 May, 2014 12:00am
Railways announces reduction in freight charges

Railways announces reduction in freight charges

Minister for Railways Khawaja Saad Rafique has announced reduction in freight charges of goods trains besides attractive facilities to compete with the road transporters. Speaking at a press conference here at Railways Headquarters on Sunday, he said that
Published 19 May, 2014 12:00am
Railways announces reduction in freight charges

Railways announces reduction in freight charges

Minister for Railways Khawaja Saad Rafique has announced reduction in freight charges of goods trains besides attractive facilities to compete with the road transporters. Speaking at a press conference here at Railways Headquarters on Sunday, he said that
Published 19 May, 2014 12:00am
'We offer a vast array of options to Pakistani customers'

'We offer a vast array of options to Pakistani customers'

In an exclusive interview through email, Khalid Bardan Vice President - Commercial Operations Pakistan & Afghanistan (Emirates Airline) informed Wasim Iqbal, senior reporter Business Recorder, that Pakistan is a popular destination for major airlines. He
Published 19 May, 2014 12:00am
Five killed in Multan rain-related incidents

Five killed in Multan rain-related incidents

Rain continued for the fourth day and heavy rain and dust storm followed by hailstorm, lightening played in Southern Punjab wreaked havoc as five people were killed and scores injured in rain-related incidents. Seventeen passengers were injured on Kabirwa
Published 19 May, 2014 12:00am
Siraj criticises PML-N, PPP for protecting corrupt people in their ranks

Siraj criticises PML-N, PPP for protecting corrupt people in their ranks

Jamaat-i-Islami (JI) chief Sirajul Haq on Sunday lashed out at the main stream political parties including Pakistan Muslim League-Nawaz (PML-N) and Pakistan People's Party (PPP) for protecting the corrupt elements among their ranks. Addressing a reception
Published 19 May, 2014 12:00am
Mumbai Expo 2014: business community to participate fully: Ijaz

Mumbai Expo 2014: business community to participate fully: Ijaz

The business community engaged in different trade fields will participate in the Made in Pakistan Expo 2014, scheduled to be held in Mumbai, India, from August 31 to September 5 this year, said Ijaz A. Khokhar, former chairman of Pakistan Readymade Garmen
Published 19 May, 2014 12:00am
Nasreen Jalil urges Prime Minister to lift ban on YouTube

Nasreen Jalil urges Prime Minister to lift ban on YouTube

Muttahida Qaumi Movement's (MQM) Senator, Nasreen Jalil while terming the YouTube as a source of knowledge and information has urged the Prime Minister to order lifting of ban on it. Nasreen Jalil stated this in a letter written to Prime Minister Nawaz Sh
Published 19 May, 2014 12:00am
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