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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-05-25
SPS issues: food security authority to be set up

SPS issues: food security authority to be set up

The federal government has decided to establish National Food Safety, Animal and Plant Health Regulatory Authority to oversee food safety, Sanitary and Phytosanitory (SPS) issues of agriculture products, official sources told Business Recorder. Giv
Published 25 May, 2014 12:00am
Asia to get more naphtha from Europe, but supply gap remains

Asia to get more naphtha from Europe, but supply gap remains

Asia is expected to receive about 1.3 million tonnes of naphtha in June from Europe and the Mediterranean, about 8 percent higher than May volumes, traders said on Thursday. The higher volumes come despite more alternative liquefied petroleum gas (LPG) be
Published 25 May, 2014 12:00am
US FOB Gulf soya offers stable as China buys more

US FOB Gulf soya offers stable as China buys more

US FOB Gulf soyabean basis offers held steady on Friday as exporters struck deals to sell cargoes of the oilseed to top-importer China and to unknown buyers, traders said. Corn and wheat offers also were mostly stable in quiet dealings ahead of a US holid
Published 25 May, 2014 12:00am
Indonesia buys 125,000 tonnes of Russian wheat

Indonesia buys 125,000 tonnes of Russian wheat

Indonesia has bought around 125,000 tonnes of Russian wheat in deals signed earlier this month, the Black Sea region's first new-crop sales in Asia. The three cargoes of Russian wheat with 12-percent protein content are for shipment between mid-July and m
Published 25 May, 2014 12:00am
US natural gas futures close higher

US natural gas futures close higher

US natural gas futures ended up 1 percent on Friday on forecasts for stronger cooling demand after losing 2.5 percent on Thursday in what the market called an over-reaction to a slightly bigger-than-expected storage build. Front-month natural gas futures
Published 25 May, 2014 12:00am
Turkey seeks to buy feed corn

Turkey seeks to buy feed corn

Turkey's state grain agency TMO has issued an international tender to purchase and import up to 70,000 tonnes of animal feed corn (maize), European traders said on Friday, continuing import demand as the country faces the risk of a drought-reduced harvest
Published 25 May, 2014 12:00am
Falling trend on grain market

Falling trend on grain market

Prices drifted lower on the wholesale grain market on Saturday in the process of trading, dealers said. On the cereals side, wheat new Bardan lost Rs 150 to Rs 3200, other commodities maintained overnight levels, they added.
Published 25 May, 2014 12:00am
Cameroon cocoa exports down

Cameroon cocoa exports down

Cameroon had exported 146,417 tonnes of cocoa beans by end-April since the start of the 2013/14 season in August, down from 199,147 tonnes during the same period the previous season, according to National Cocoa and Coffee Board (NCCB) data.
Published 25 May, 2014 12:00am
Shanghai copper to end rebound around 48,600 yuan

Shanghai copper to end rebound around 48,600 yuan

Shanghai copper is expected to end its current rebound around 48,600 yuan per tonne and drop towards a support at 47,630 yuan then. An uptrend from the March 12 low of 43,090 yuan has peaked at the May 20 high of 49,080 yuan, as indicated by its wave stru
Published 25 May, 2014 12:00am
Cotton market: ginners fail to oblige buyers amid depleting stock

Cotton market: ginners fail to oblige buyers amid depleting stock

Volume of business slipped as the ginners failed to oblige mills and spinners due to depleting stock of unsold stock with them on Saturday, dealers said. The official spot rate stabilised, showing no change in overnight price at Rs 6,900, they added. In t
Published 25 May, 2014 12:00am
Oil cake market rates

Oil cake market rates

A downward trend was seen on the forward cottonseeds oilcake market on Friday in the process of trading, dealers said. The May contract closed at Rs 1752.00 and it commenced with 30 paisa fall at Rs 1751.70 in the morning session, they said. The July vaid
Published 25 May, 2014 12:00am
Indian soyabeans futures rise, chickpeas fall

Indian soyabeans futures rise, chickpeas fall

Indian soyabean futures rose on Friday, supported by local demand and firm cues from the US soyabean futures. Soyaoil, however, fell tracking bearish cues from Malaysian palm oil futures. Malaysian palm oil futures edged down on Friday, falling for five o
Published 25 May, 2014 12:00am
Palm oil down on European vegoils market

Palm oil down on European vegoils market

Palm oil on the European vegetable oils market continued slightly weaker on Friday as the strong ringgit pulled both ways, with Malaysian palm oil futures hit by worries that the currency could reduce demand while cash prices were bolstered because produc
Published 25 May, 2014 12:00am
Asian naphtha crack rises two-week high

Asian naphtha crack rises two-week high

The Asian naphtha crack rose for a fourth straight session on Friday, nearing a two-week high of $148.88 a tonne as supplies were expected to be tighter due to possible lower volumes of European barrels streaming to the East in July. Naphtha is used to pr
Published 25 May, 2014 12:00am
CBOT wheat futures lower; global supplies weigh

CBOT wheat futures lower; global supplies weigh

US wheat futures fell 1 percent to fresh 2-1/2-month lows on Friday, pressured by plentiful global stocks and poor demand for US supplies from overseas buyers, traders said. Rain in the US Plains that could help improve crop conditions in that region adde
Published 25 May, 2014 12:00am
HRW wheat bids steady

HRW wheat bids steady

Spot basis bids for hard red winter wheat were steady in the southern US Plains on Friday, dealers said. Harvest was under way in Texas. Sampling of the new crop at the Fort Worth Grain Exchange in the state showed average test weight of 61.5 pounds per b
Published 25 May, 2014 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (May 24, 2014).

Published 25 May, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (May 24, 2014).

Published 25 May, 2014 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee managed to resist sharp fluctuations versus the dollar on the money market on Saturday in the process of trading, dealers said. The rupee shrugged off overnight weakness against the dollar, gaining five-paisa for buying and selling at 99.65 and
Published 25 May, 2014 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee managed to resist sharp fluctuations versus the dollar on the money market on Saturday in the process of trading, dealers said. The rupee shrugged off overnight weakness against the dollar, gaining five-paisa for buying and selling at 99.65 and
Published 25 May, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (May 24, 2014).

Published 25 May, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (May 24, 2014).

Published 25 May, 2014 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (May 24, 2014).

Published 25 May, 2014 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (May 24, 2014).

Published 25 May, 2014 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 24, 2014).

Published 25 May, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (May 24, 2014).

Published 25 May, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (May 24, 2014) and for Sunday (May 25, 2014).
Published 25 May, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (May 24, 2014).

Published 25 May, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (May 24, 2014).

Published 25 May, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (May 24, 2014).

Published 25 May, 2014 12:00am
The Weather

The Weather

The weather report on Saturday (May 24, 2014) and the forecast for Sunday (May 25, 2014).

Published 25 May, 2014 12:00am
Business-savvy Nawaz accepts Modi's invite

Business-savvy Nawaz accepts Modi's invite

Prime Minister Nawaz Sharif has accepted the Indian invitation to attend the swearing-in ceremony of premier-elect Narendra Modi. The Foreign Office spokesperson Tasnim Aslam Saturday confirmed that the Prime Minister Sharif would be travelling to New Del
Published 25 May, 2014 12:00am
Business-savvy Nawaz accepts Modi's invite

Business-savvy Nawaz accepts Modi's invite

Prime Minister Nawaz Sharif has accepted the Indian invitation to attend the swearing-in ceremony of premier-elect Narendra Modi. The Foreign Office spokesperson Tasnim Aslam Saturday confirmed that the Prime Minister Sharif would be travelling to New Del
Published 25 May, 2014 12:00am
BJP welcomes decision

BJP welcomes decision

India's main opposition Bharatiya Janata Party (BJP) Saturday welcomed Prime Minister Nawaz Sharif's decision to attend Narendra Modi's swearing-in ceremony as Indian Prime Minister in the national capital on Monday. Confirming Sharif's decision, his PML-
Published 25 May, 2014 12:00am
BJP welcomes decision

BJP welcomes decision

India's main opposition Bharatiya Janata Party (BJP) Saturday welcomed Prime Minister Nawaz Sharif's decision to attend Narendra Modi's swearing-in ceremony as Indian Prime Minister in the national capital on Monday. Confirming Sharif's decision, his PML-
Published 25 May, 2014 12:00am
Asif Zardari: accountability court reserves judgement

Asif Zardari: accountability court reserves judgement

The National Accountability Bureau (NAB) has informed an accountability court that the inquiry launched by the inspection team of an administrative committee of Lahore High Court (LHC) to investigate the alleged favours given by an accountability court to
Published 25 May, 2014 12:00am
Asif Zardari: accountability court reserves judgement

Asif Zardari: accountability court reserves judgement

The National Accountability Bureau (NAB) has informed an accountability court that the inquiry launched by the inspection team of an administrative committee of Lahore High Court (LHC) to investigate the alleged favours given by an accountability court to
Published 25 May, 2014 12:00am
Budget 2014-15: six percent non-adjustable FED on sugar proposed

Budget 2014-15: six percent non-adjustable FED on sugar proposed

The Federal Board of Revenue (FBR) has proposed a 6 percent non-adjustable Federal Excise Duty (FED) on sugar in budget (2014-15) to generate an additional amount of Rs 5-6 billion during next fiscal year. Sources told Business Recorder on Saturday
Published 25 May, 2014 12:00am
Budget 2014-15: six percent non-adjustable FED on sugar proposed

Budget 2014-15: six percent non-adjustable FED on sugar proposed

The Federal Board of Revenue (FBR) has proposed a 6 percent non-adjustable Federal Excise Duty (FED) on sugar in budget (2014-15) to generate an additional amount of Rs 5-6 billion during next fiscal year. Sources told Business Recorder on Saturday
Published 25 May, 2014 12:00am
Budget 2014-15: six percent non-adjustable FED on sugar proposed

Budget 2014-15: six percent non-adjustable FED on sugar proposed

The Federal Board of Revenue (FBR) has proposed a 6 percent non-adjustable Federal Excise Duty (FED) on sugar in budget (2014-15) to generate an additional amount of Rs 5-6 billion during next fiscal year. Sources told Business Recorder on Saturday
Published 25 May, 2014 12:00am
Government working on three-year budget strategy: Dar

Government working on three-year budget strategy: Dar

Finance Minister Ishaq Dar chaired the final session of grand consultation on budget 2014-15 with the business stakeholders at the FBR Auditorium o Saturday. The Finance Minister while addressing the stakeholders of the business community said we believe
Published 25 May, 2014 12:00am
Government working on three-year budget strategy: Dar

Government working on three-year budget strategy: Dar

Finance Minister Ishaq Dar chaired the final session of grand consultation on budget 2014-15 with the business stakeholders at the FBR Auditorium o Saturday. The Finance Minister while addressing the stakeholders of the business community said we believe
Published 25 May, 2014 12:00am
Government working on three-year budget strategy: Dar

Government working on three-year budget strategy: Dar

Finance Minister Ishaq Dar chaired the final session of grand consultation on budget 2014-15 with the business stakeholders at the FBR Auditorium o Saturday. The Finance Minister while addressing the stakeholders of the business community said we believe
Published 25 May, 2014 12:00am
Iran hangs man convicted of $2.6 billion bank scam

Iran hangs man convicted of $2.6 billion bank scam

An Iranian businessman convicted of masterminding a $2.6 billion banking scam, the biggest fraud case in the country's history, was hanged on Saturday, state media reported. Mahafarid Amir Khosravi was sent to the gallows in Tehran's notorious Evin prison
Published 25 May, 2014 12:00am
Iran hangs man convicted of $2.6 billion bank scam

Iran hangs man convicted of $2.6 billion bank scam

An Iranian businessman convicted of masterminding a $2.6 billion banking scam, the biggest fraud case in the country's history, was hanged on Saturday, state media reported. Mahafarid Amir Khosravi was sent to the gallows in Tehran's notorious Evin prison
Published 25 May, 2014 12:00am
Iran hangs man convicted of $2.6 billion bank scam

Iran hangs man convicted of $2.6 billion bank scam

An Iranian businessman convicted of masterminding a $2.6 billion banking scam, the biggest fraud case in the country''s history, was hanged on Saturday, state media reported. Mahafarid Amir Khosravi was sent to the gallows in Tehran''s notorious Evin pris
Published 25 May, 2014 12:00am
Iran hangs man convicted of $2.6 billion bank scam

Iran hangs man convicted of $2.6 billion bank scam

An Iranian businessman convicted of masterminding a $2.6 billion banking scam, the biggest fraud case in the country''''s history, was hanged on Saturday, state media reported. Mahafarid Amir Khosravi was sent to the gallows in Tehran''''s notorious Evin
Published 25 May, 2014 12:00am
Rosneft, BP agree to explore for hard-to-recover oil in Russia

Rosneft, BP agree to explore for hard-to-recover oil in Russia

Rosneft and BP signed an agreement on Saturday to jointly explore for hard-to-recover oil in Russia, the first major deal for the state-run Russian oil company since the West imposed sanctions on Moscow. Rosneft chief executive Igor Sechin, a close ally o
Published 25 May, 2014 12:00am
Rosneft, BP agree to explore for hard-to-recover oil in Russia

Rosneft, BP agree to explore for hard-to-recover oil in Russia

Rosneft and BP signed an agreement on Saturday to jointly explore for hard-to-recover oil in Russia, the first major deal for the state-run Russian oil company since the West imposed sanctions on Moscow. Rosneft chief executive Igor Sechin, a close ally o
Published 25 May, 2014 12:00am
Rosneft, BP agree to explore for hard-to-recover oil in Russia

Rosneft, BP agree to explore for hard-to-recover oil in Russia

Rosneft and BP signed an agreement on Saturday to jointly explore for hard-to-recover oil in Russia, the first major deal for the state-run Russian oil company since the West imposed sanctions on Moscow. Rosneft chief executive Igor Sechin, a close ally o
Published 25 May, 2014 12:00am
Putin says 'impossible' to isolate Russia, rejects 'new Cold War'

Putin says 'impossible' to isolate Russia, rejects 'new Cold War'

Russian President Vladimir Putin said Saturday that it was "impossible" to isolate Russia from the global economy despite pressure from the West over the crisis in Ukraine. He also rejected talk of a "new Cold War" between Moscow and the West and denied c
Published 25 May, 2014 12:00am
Putin says 'impossible' to isolate Russia, rejects 'new Cold War'

Putin says 'impossible' to isolate Russia, rejects 'new Cold War'

Russian President Vladimir Putin said Saturday that it was "impossible" to isolate Russia from the global economy despite pressure from the West over the crisis in Ukraine. He also rejected talk of a "new Cold War" between Moscow and the West and denied c
Published 25 May, 2014 12:00am
Seven killed in US college shooting

Seven killed in US college shooting

Seven people were killed and seven others wounded in a mass shooting at a college town in southern California, Santa Barbara County Sheriff Bill Brown said Saturday. Brown said at a pre-dawn press conference that the shooting in the town of Isla Vista, ne
Published 25 May, 2014 12:00am
350MGPD of industrial, domestic effluent being dumped in Karachi coast

350MGPD of industrial, domestic effluent being dumped in Karachi coast

Industrial and domestic effluent dumping at the sea has reached to 350 million gallons per day (MGPD) in Karachi, posing great threats and danger for marine habitats, Naveed Ali Soomro, Co-co-ordinator of World Wide Fund (WWF)-Pakistan Wetland Center, sai
Published 25 May, 2014 12:00am
Anti-measles drive: 56 children hospitalised after taking injections

Anti-measles drive: 56 children hospitalised after taking injections

The conditions of 56 children of private school in Mingora city of district Swat deteriorated after taking measles preventive injections. According to reports a team of the Department of Health, Khyber Pakhtunkhwa administered anti-measles injections to t
Published 25 May, 2014 12:00am
Visit to India: Zardari lauds Prime Minister's decision

Visit to India: Zardari lauds Prime Minister's decision

Former president Asif Zaradri has welcomed Prime Minister Nawaz Sharif's decision to accept invitation to attend Indian PM-elect Narendra Modi's inauguration, his spokesman said on Saturday. Senator Farhatullah Babar said that the former president describ
Published 25 May, 2014 12:00am
Samsung launches first Smart Zone Customer Service Centre in Lahore

Samsung launches first Smart Zone Customer Service Centre in Lahore

Samsung Electronics has launched its first Samsung-Smart Zone customer service centre in Lahore on Saturday. In this connection a special inauguration ceremony was held on Saturday at the first Smart Zone customer service centre located on the Lahore Road
Published 25 May, 2014 12:00am
Five shot dead in Karachi violence

Five shot dead in Karachi violence

Five people, including a soldier of an intelligence agency, were killed and two bodies have been recovered and four others were injured in separate incidents of violence in the city on Saturday. According to police and rescue sources, Sajid Ihsan, 35, son
Published 25 May, 2014 12:00am
Cable operators not authorised to control TV channels: Rashid

Cable operators not authorised to control TV channels: Rashid

Federal Information Minister Pervaiz Rashid has said that the cable operators are not authorised to control streaming of TV channels. Talking to media persons in Lahore, he further said the cable operators cannot dislocate channels on personal whims. He s
Published 25 May, 2014 12:00am
US acts to fight disease harming 'fair trade' coffee

US acts to fight disease harming 'fair trade' coffee

The US government announced Monday a new $5 million effort to fight a disease savaging Central America's "fair trade" coffee bean harvest and pressuring the price of a morning cup. The US Agency for International Development said the outbreak of coffee ru
Published 25 May, 2014 12:00am
Try a less spicy soyabean spread this summer

Try a less spicy soyabean spread this summer

Traditionally, the July-November soyabean spread has been viewed as the quintessential old crop/new crop position to hold over the US growing season as the vagaries of Midwest growing weather coupled with gyrations in global demand make for volatile price
Published 25 May, 2014 12:00am
Cotton futures skid to biggest weekly loss in seven months

Cotton futures skid to biggest weekly loss in seven months

ICE cotton futures tumbled on Friday, skidding to the biggest weekly loss in seven months as rains showered Texas, the top US producing state, and eased worries over upcoming supplies in the world's top exporter. The most-active July cotton contract on IC
Published 25 May, 2014 12:00am
China raises 2014 state wheat purchase price by 5.4 percent

China raises 2014 state wheat purchase price by 5.4 percent

China, the world's top producer of wheat, raised its state purchase price for the grain by 5.4 percent in major wheat growing areas to help boost farmers' incomes, the state planning body said on Thursday. The floor price for wheat was set at 2,360 yuan (
Published 25 May, 2014 12:00am
Thai rubber output forecast to rise five percent

Thai rubber output forecast to rise five percent

Rubber output in top producer Thailand is expected to rise as much as 5 percent in 2014, fuelled by maturing plantations, but an increase in demand may prop up prices, a senior industry official told Reuters on Monday. "I'd say production will increase by
Published 25 May, 2014 12:00am
Argentine wheat planting seen climbing

Argentine wheat planting seen climbing

Argentina's wheat area will expand to more than 4 million hectares this year from 3.6 million in the previous season, thanks to good sowing conditions and farmers' growing need to rotate crops after years of over-planting soy. The political crisis in Ukra
Published 25 May, 2014 12:00am
South China Sea tensions slow Vietnam rice trade

South China Sea tensions slow Vietnam rice trade

Tensions between Beijing and Hanoi have slowed Vietnam's rice trade and pressured prices for the grain, while plans to sell government stocks have made Thai rice more competitive, traders said on Wednesday. Vietnamese rice prices eased as sales to its maj
Published 25 May, 2014 12:00am
US vote to probe sugar imports from Mexico

US vote to probe sugar imports from Mexico

US trade regulators ruled last Friday in favour of investigating allegations that Mexico is dumping cheap sugar in the United States, taking Washington closer to imposing penalties on sweetener imports. In a preliminary vote, US International Trade Commis
Published 25 May, 2014 12:00am
Brazil coffee farmers double their forward sales

Brazil coffee farmers double their forward sales

Brazilian farmers have doubled their forward sales for this year's arabica coffee crop after a drought-led rally in prices, leaving leeway for further price rises, a poll of ten traders and roasters showed. Farmers in the world's top coffee grower have fo
Published 25 May, 2014 12:00am
Palladium falls on profit-taking, stronger dollar; gold flat

Palladium falls on profit-taking, stronger dollar; gold flat

Palladium fell on Friday as investors took some profits after hitting 2-1/2-year highs a day earlier and the dollar firmed, even as concerns remained about supplies as strikes in major producer South Africa drag on. Platinum and palladium were on track fo
Published 25 May, 2014 12:00am
Eight militants killed, eight security men martyred

Eight militants killed, eight security men martyred

At least eight militants, including a commander, were killed while two security personnel martyred in a clash on Saturday. The Inter Services Public Relations (ISPR) said that the clash took place in Landikotal Tehsil of Khyber Agency after a security veh
Published 25 May, 2014 12:00am
Eight militants killed, eight security men martyred

Eight militants killed, eight security men martyred

At least eight militants, including a commander, were killed while two security personnel martyred in a clash on Saturday. The Inter Services Public Relations (ISPR) said that the clash took place in Landikotal Tehsil of Khyber Agency after a security veh
Published 25 May, 2014 12:00am
Egypt jails 19 Morsi supporters for five years

Egypt jails 19 Morsi supporters for five years

An Egyptian court jailed 19 supporters of ousted Islamist president Mohamed Morsi for five years on Saturday for storming the offices of the head of the prestigious Al-Azhar Islamic institution, judicial sources said. The army-installed government has rou
Published 25 May, 2014 12:00am
Egypt jails 19 Morsi supporters for five years

Egypt jails 19 Morsi supporters for five years

An Egyptian court jailed 19 supporters of ousted Islamist president Mohamed Morsi for five years on Saturday for storming the offices of the head of the prestigious Al-Azhar Islamic institution, judicial sources said. The army-installed government has rou
Published 25 May, 2014 12:00am
No tension between government and army: ministry

No tension between government and army: ministry

Pakistan denied reports about deepening divisions between the civilian government and the army on Saturday and said it had yet to decide whether to call off attempts to engage Pakistani Taliban insurgents in peace talks. On Friday, Reuters quoted a govern
Published 25 May, 2014 12:00am
No tension between government and army: ministry

No tension between government and army: ministry

Pakistan denied reports about deepening divisions between the civilian government and the army on Saturday and said it had yet to decide whether to call off attempts to engage Pakistani Taliban insurgents in peace talks. On Friday, Reuters quoted a govern
Published 25 May, 2014 12:00am
Taliban talks prospects dim

Taliban talks prospects dim

The army is said to have finally forced the government to crush militants after a series of negotiations with the outlawed Tehreek-e-Taliban Pakistan (TTP) did not restore peace through talks. China reportedly is also exerting pressure to launch a crackdo
Published 25 May, 2014 12:00am
Taliban talks prospects dim

Taliban talks prospects dim

The army is said to have finally forced the government to crush militants after a series of negotiations with the outlawed Tehreek-e-Taliban Pakistan (TTP) did not restore peace through talks. China reportedly is also exerting pressure to launch a crackdo
Published 25 May, 2014 12:00am
Hundreds wounded as strong quake sparks panic in Turkey

Hundreds wounded as strong quake sparks panic in Turkey

More than 250 people were wounded on Saturday when a 6.9 magnitude undersea earthquake sparked panic in north-western Turkey. Television footage showed hundreds of terrified residents fleeing buildings in several Turkish towns after the quake hit at 0925
Published 25 May, 2014 12:00am
Hundreds wounded as strong quake sparks panic in Turkey

Hundreds wounded as strong quake sparks panic in Turkey

More than 250 people were wounded on Saturday when a 6.9 magnitude undersea earthquake sparked panic in north-western Turkey. Television footage showed hundreds of terrified residents fleeing buildings in several Turkish towns after the quake hit at 0925
Published 25 May, 2014 12:00am
Prime Minister approves two coal-fired power plants at Gaddani

Prime Minister approves two coal-fired power plants at Gaddani

Prime Minister Muhammad Nawaz Sharif Saturday said attractive tariff for coal-fired power plants has drawn international investors'' interest in power projects. The premier chaired a meeting held to review the pace of work on Gaddani Power Project here. H
Published 25 May, 2014 12:00am
Allocated share, compensation: KPK seeks amendment to water accord

Allocated share, compensation: KPK seeks amendment to water accord

Khyber Pakhtunkhawa (KPK) has sought an amendment to Indus Water Apportionment Accord 1991 to get back its due share of allocated water and compensation from those provinces who used its share of the water, well informed sources told Business Recorder<
Published 25 May, 2014 12:00am
Prime Minister approves two coal-fired power plants at Gaddani

Prime Minister approves two coal-fired power plants at Gaddani

Prime Minister Muhammad Nawaz Sharif Saturday said attractive tariff for coal-fired power plants has drawn international investors' interest in power projects. The premier chaired a meeting held to review the pace of work on Gaddani Power Project here. He
Published 25 May, 2014 12:00am
Prime Minister approves two coal-fired power plants at Gaddani

Prime Minister approves two coal-fired power plants at Gaddani

Prime Minister Muhammad Nawaz Sharif Saturday said attractive tariff for coal-fired power plants has drawn international investors' interest in power projects. The premier chaired a meeting held to review the pace of work on Gaddani Power Project here. He
Published 25 May, 2014 12:00am
Pope urges respect for religious freedom in Middle East

Pope urges respect for religious freedom in Middle East

Pope Francis urged respect for religious freedom in the Middle East on Saturday and an end to persecution of Christians, saying they were "full citizens" with a right to be in the region. "Religious freedom is in fact a fundamental human right and I canno
Published 25 May, 2014 12:00am
Government departments asked to perform duty with national spirit

Government departments asked to perform duty with national spirit

Punjab Chief Minister Muhammad Shahbaz Sharif has said that government departments should perform the duty of public service with national spirit. He said that performance audit of all government departments is utmost important so that effective system of
Published 25 May, 2014 12:00am
Allocated share, compensation: KPK seeks amendment to water accord

Allocated share, compensation: KPK seeks amendment to water accord

Khyber Pakhtunkhawa (KPK) has sought an amendment to Indus Water Apportionment Accord 1991 to get back its due share of allocated water and compensation from those provinces who used its share of the water, well informed sources told Business Recorder<
Published 25 May, 2014 12:00am
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