AIRLINK 159.45 Increased By ▲ 4.49 (2.9%)
BOP 10.06 Increased By ▲ 0.15 (1.51%)
CNERGY 7.85 Increased By ▲ 0.48 (6.51%)
CPHL 83.56 Increased By ▲ 0.65 (0.78%)
FCCL 48.54 Increased By ▲ 0.68 (1.42%)
FFL 15.07 Increased By ▲ 0.39 (2.66%)
FLYNG 49.46 Increased By ▲ 4.50 (10.01%)
HUBC 141.41 Increased By ▲ 3.44 (2.49%)
HUMNL 12.74 Decreased By ▼ -0.13 (-1.01%)
KEL 4.45 Increased By ▲ 0.16 (3.73%)
KOSM 5.34 Increased By ▲ 0.18 (3.49%)
MLCF 76.36 Increased By ▲ 1.05 (1.39%)
OGDC 213.73 Increased By ▲ 1.06 (0.5%)
PACE 5.33 Increased By ▲ 0.18 (3.5%)
PAEL 46.96 Increased By ▲ 0.83 (1.8%)
PIAHCLA 17.24 Increased By ▲ 0.96 (5.9%)
PIBTL 8.85 Increased By ▲ 0.28 (3.27%)
POWER 15.09 Decreased By ▼ -0.09 (-0.59%)
PPL 173.25 Increased By ▲ 3.34 (1.97%)
PRL 33.82 Increased By ▲ 2.68 (8.61%)
PTC 22.06 Increased By ▲ 2.01 (10.02%)
SEARL 84.13 Increased By ▲ 0.36 (0.43%)
SSGC 36.98 Increased By ▲ 0.91 (2.52%)
SYM 15.51 Increased By ▲ 0.61 (4.09%)
TELE 7.56 Increased By ▲ 0.35 (4.85%)
TPLP 8.56 Increased By ▲ 0.14 (1.66%)
TRG 65.19 Decreased By ▼ -1.01 (-1.53%)
WAVESAPP 9.25 Increased By ▲ 0.30 (3.35%)
WTL 1.28 Increased By ▲ 0.03 (2.4%)
YOUW 3.68 Increased By ▲ 0.08 (2.22%)
AIRLINK 159.45 Increased By ▲ 4.49 (2.9%)
BOP 10.06 Increased By ▲ 0.15 (1.51%)
CNERGY 7.85 Increased By ▲ 0.48 (6.51%)
CPHL 83.56 Increased By ▲ 0.65 (0.78%)
FCCL 48.54 Increased By ▲ 0.68 (1.42%)
FFL 15.07 Increased By ▲ 0.39 (2.66%)
FLYNG 49.46 Increased By ▲ 4.50 (10.01%)
HUBC 141.41 Increased By ▲ 3.44 (2.49%)
HUMNL 12.74 Decreased By ▼ -0.13 (-1.01%)
KEL 4.45 Increased By ▲ 0.16 (3.73%)
KOSM 5.34 Increased By ▲ 0.18 (3.49%)
MLCF 76.36 Increased By ▲ 1.05 (1.39%)
OGDC 213.73 Increased By ▲ 1.06 (0.5%)
PACE 5.33 Increased By ▲ 0.18 (3.5%)
PAEL 46.96 Increased By ▲ 0.83 (1.8%)
PIAHCLA 17.24 Increased By ▲ 0.96 (5.9%)
PIBTL 8.85 Increased By ▲ 0.28 (3.27%)
POWER 15.09 Decreased By ▼ -0.09 (-0.59%)
PPL 173.25 Increased By ▲ 3.34 (1.97%)
PRL 33.82 Increased By ▲ 2.68 (8.61%)
PTC 22.06 Increased By ▲ 2.01 (10.02%)
SEARL 84.13 Increased By ▲ 0.36 (0.43%)
SSGC 36.98 Increased By ▲ 0.91 (2.52%)
SYM 15.51 Increased By ▲ 0.61 (4.09%)
TELE 7.56 Increased By ▲ 0.35 (4.85%)
TPLP 8.56 Increased By ▲ 0.14 (1.66%)
TRG 65.19 Decreased By ▼ -1.01 (-1.53%)
WAVESAPP 9.25 Increased By ▲ 0.30 (3.35%)
WTL 1.28 Increased By ▲ 0.03 (2.4%)
YOUW 3.68 Increased By ▲ 0.08 (2.22%)
BR100 12,888 Increased By 217.2 (1.71%)
BR30 38,116 Increased By 748.7 (2%)
KSE100 119,962 Increased By 1425.4 (1.2%)
KSE30 36,773 Increased By 479.3 (1.32%)
Print - 2014-07-11
Drop in US jobless claims points to healing in labour market

Drop in US jobless claims points to healing in labour market

The number of Americans filing new claims for unemployment benefits fell last week to one of its lowest levels since before the 2007-09 recession, a sign of increasing health in the labour market. Other data on Thursday showed a rise in business inventori
Published 11 Jul, 2014 12:00am
Faltering Germany casts cloud over fragile eurozone

Faltering Germany casts cloud over fragile eurozone

Germany's faltering economy has cast further doubt over the eurozone's prospects for recovery this year, with no other big country strong enough to pick up the slack. Since late last year, the 18 countries using the euro have been climbing steadily out of
Published 11 Jul, 2014 12:00am
US sues Amazon

US sues Amazon

The US Federal Trade Commission sued Amazon Thursday for charging parents for what their children spent on online games without parental authorisation. The FTC said Amazon let kids playing online games to spend real money from their parents' accounts on v
Published 11 Jul, 2014 12:00am
ECB keeps banks on tight leash for health check results

ECB keeps banks on tight leash for health check results

The European Central Bank wants to give banks just 48 hours to review the results of a balance sheet health check so it can guard against data leaks even though the banks would like more time. The ECB is carrying out the most detailed ever review of the e
Published 11 Jul, 2014 12:00am
BoE keeps rates at record low

BoE keeps rates at record low

The Bank of England opted Thursday to keep interest rates at a record-low 0.50 percent, despite governor Mark Carney's recent warning that they could rise sooner than expected. The British central bank's nine-member monetary policy committee (MPC) also de
Published 11 Jul, 2014 12:00am
Maersk unveils shipping alliance with MSC

Maersk unveils shipping alliance with MSC

A.P. Moeller-Maersk on Thursday announced an alliance with shipping company MSC on some of the world's busiest shipping routes after China scuppered a planned tie-up between the two companies and CMA. The Danish shipping and oil conglomerate said it had s
Published 11 Jul, 2014 12:00am
Apple Store design worthy of trademark: EU court

Apple Store design worthy of trademark: EU court

Apple has the right to trademark its flagship store design, the EU's highest court said on Thursday, though under certain conditions. In 2013, after two years of trying, iPhone-maker Apple successfully registered the design of its stores with the United S
Published 11 Jul, 2014 12:00am
Apple Store design worthy of trademark: EU court

Apple Store design worthy of trademark: EU court

Apple has the right to trademark its flagship store design, the EU's highest court said on Thursday, though under certain conditions. In 2013, after two years of trying, iPhone-maker Apple successfully registered the design of its stores with the United S
Published 11 Jul, 2014 12:00am
Nestle adds skincare muscle by completing Valeant deal

Nestle adds skincare muscle by completing Valeant deal

Swiss food giant Nestle announced Thursday that it had bolstered its hand in the medical skin treatment market by finalising a deal with Canada's Valeant Pharmaceuticals International. "As a result of the successful conclusion of the regulatory process an
Published 11 Jul, 2014 12:00am
Bank of Korea trims growth, inflation outlook

Bank of Korea trims growth, inflation outlook

South Korea's central bank held interest rates steady and modestly scaled back its expectations for growth and inflation, a sign that rates will stay steady, but disappointed investors who had hoped its next move would be to cut borrowing costs. As expect
Published 11 Jul, 2014 12:00am
China bank denies state TV claims of 'dirty money' transfers

China bank denies state TV claims of 'dirty money' transfers

The Bank of China (BOC) has denied accusations by state television that it helped clients evade limits on money transfers overseas, in a rare attack by the government broadcaster against a state-backed institution. In a report, China Central Television co
Published 11 Jul, 2014 12:00am
Canadian housing starts unexpectedly rise in June

Canadian housing starts unexpectedly rise in June

Canadian housing starts rose in June, bucking expectations for a modest slowdown in the month and suggesting the building sector added to economic growth in the second quarter after a brutal winter, data released on Wednesday showed. A report from the Can
Published 11 Jul, 2014 12:00am
Indonesia keeps rate on hold

Indonesia keeps rate on hold

Indonesia's central bank on Thursday kept its key reference rate unchanged at 7.50 percent as expected. Bank Indonesia (BI) said the decision to keep rates unchanged was consistent with efforts to limit inflation to around 4.5 percent this year and 4 perc
Published 11 Jul, 2014 12:00am
Japan's orders data shock casts shadow over recovery scenario

Japan's orders data shock casts shadow over recovery scenario

Japan's machinery orders tumbled by a record margin in May, dashing hopes for a bounce and casting doubt over a scenario of investment-led recovery in the world's third-largest economy. The data are highly volatile, but serve as an indicator of capital sp
Published 11 Jul, 2014 12:00am
Traffic jam, roadside parking hit trade activities

Traffic jam, roadside parking hit trade activities

With advent of Ramazan, the traffic chaos on different roads grew largely to hamper trade and business activities at markets as traders seek the government's help to remove roadside vehicles parking facilities to ease the public movements. "If the roadsid
Published 11 Jul, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 10, 2014).

Published 11 Jul, 2014 12:00am
Aircraft acquisition: PIA exempted from application of PPRA rules

Aircraft acquisition: PIA exempted from application of PPRA rules

Pakistan International Airlines (PIA) has been exempted from application of Public Procurement Regulatory Authority (PPRA) rules in acquisition of seven aircraft on lease, official sources told Business Recorder. This decision was taken at the meet
Published 11 Jul, 2014 12:00am
The Weather

The Weather

The weather report on Thursday (July 10, 2014) and the forecast for Friday (July 11, 2014).

Published 11 Jul, 2014 12:00am
Aircraft acquisition: PIA exempted from application of PPRA rules

Aircraft acquisition: PIA exempted from application of PPRA rules

Pakistan International Airlines (PIA) has been exempted from application of Public Procurement Regulatory Authority (PPRA) rules in acquisition of seven aircraft on lease, official sources told Business Recorder. This decision was taken at the meet
Published 11 Jul, 2014 12:00am
Aircraft acquisition: PIA exempted from application of PPRA rules

Aircraft acquisition: PIA exempted from application of PPRA rules

Pakistan International Airlines (PIA) has been exempted from application of Public Procurement Regulatory Authority (PPRA) rules in acquisition of seven aircraft on lease, official sources told Business Recorder. This decision was taken at the meet
Published 11 Jul, 2014 12:00am
Germany kicks out top US intelligence officer in spy row

Germany kicks out top US intelligence officer in spy row

Germany on Thursday expelled the CIA station chief in Berlin in an escalating row over alleged spying by the US that has opened the worst diplomatic rift in years between the Western allies. The expulsion comes after two suspected US spy cases were uncove
Published 11 Jul, 2014 12:00am
Germany kicks out top US intelligence officer in spy row

Germany kicks out top US intelligence officer in spy row

Germany on Thursday expelled the CIA station chief in Berlin in an escalating row over alleged spying by the US that has opened the worst diplomatic rift in years between the Western allies. The expulsion comes after two suspected US spy cases were uncove
Published 11 Jul, 2014 12:00am
Writ petition filed against Imran

Writ petition filed against Imran

A writ petition was filed in the Islamabad High Court (IHC) on Thursday against Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan for allegedly defaming and ridiculing judiciary during a PTI's rally at Bahawalpur on June 27. The petition was filed by Muh
Published 11 Jul, 2014 12:00am
Writ petition filed against Imran

Writ petition filed against Imran

A writ petition was filed in the Islamabad High Court (IHC) on Thursday against Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan for allegedly defaming and ridiculing judiciary during a PTI's rally at Bahawalpur on June 27. The petition was filed by Muh
Published 11 Jul, 2014 12:00am
Landmine fears hamper grain harvest in Ukraine's east

Landmine fears hamper grain harvest in Ukraine's east

A fear of landmines is hampering grain harvesting in parts of Ukraine's east where separatists are fighting government forces, agricultural ministry officials said. Ukraine, one of the world's key exporters of wheat, barley and maize, is likely to harvest
Published 11 Jul, 2014 12:00am
US MIDDAY: gold soars

US MIDDAY: gold soars

Gold surged to 3-1/2 month highs early on Thursday on safe-haven buying sparked by worries about Portugal's top listed bank, and after India kept record high duties on bullion that could prompt jewellers who did not buy gold earlier to return to the marke
Published 11 Jul, 2014 12:00am
New-crop corn hits fresh low

New-crop corn hits fresh low

New-crop US corn futures set a contract low for the eighth consecutive session on Thursday as mild weather increased expectations for bumper crops, while new-crop soyabeans dropped to a six-month low below $11 a bushel.
Published 11 Jul, 2014 12:00am
Harmonising development: Lessons from the Friedrich Naumann Foundation

Harmonising development: Lessons from the Friedrich Naumann Foundation

The Friedrich Naumann Foundation (FNF) has been working in Pakistan since 1986. During these years, it has engaged different local partners in the areas of economic freedom, liberty, democracy and good governance. A few weeks ago, BR Research sat down for
Published 11 Jul, 2014 12:00am
Harmonising development: Lessons from the Friedrich Naumann Foundation

Harmonising development: Lessons from the Friedrich Naumann Foundation

The Friedrich Naumann Foundation (FNF) has been working in Pakistan since 1986. During these years, it has engaged different local partners in the areas of economic freedom, liberty, democracy and good governance. A few weeks ago, BR Research sat down for
Published 11 Jul, 2014 12:00am
Prime Minister may award Taxpayer Cards to top payers on July 15

Prime Minister may award Taxpayer Cards to top payers on July 15

Prime Minister Nawaz Sharif is expected to award Taxpayer Privilege and Honour Cards to the top taxpayers in a ceremony to be held on July 15, 2014. Sources told Business Recorder here on Thursday that the function is scheduled to be held on July 1
Published 11 Jul, 2014 12:00am
Zarb-e-Azb will be successful, says JuD chief

Zarb-e-Azb will be successful, says JuD chief

Ameer of Jamat-ud-Dawa Hafiz Saeed hoped that operation Zarb-e-Azb against militants in North Waziristan will be successful. He expressed these views while addressing a seminar at Lahore High Court Bar Association here on Thursday. Hafiz Saeed said that U
Published 11 Jul, 2014 12:00am
LCCI chief asks FBR to help resolve sales tax adjustment issue

LCCI chief asks FBR to help resolve sales tax adjustment issue

President Lasbela Chamber of Commerce and Industry's (LCCI) President Ismail Suttar has urged the Federal Board of Revenue (FBR) to take up the matter with Pakistan Revenue Automation (Pvt) Ltd to update automated revenue service in order to remove the di
Published 11 Jul, 2014 12:00am
Two cops killed in attack on police mobile

Two cops killed in attack on police mobile

At least two policemen were killed in a firing incident in jurisdiction of Peshawar's Chamkani police station on Thursday. According to police, a police mobile was on routine patrol when it was fired upon by unknown motorcyclists near Waheed checkpoint. S
Published 11 Jul, 2014 12:00am
From Russia, with Love: Dar carries a lot of clout

From Russia, with Love: Dar carries a lot of clout

Federal Finance Minister Ishaq Dar is often seen lamenting that he has to pay the arrears and debt incurred by previous administrations. In law, the shareholders of a company have to pay off, albeit grudgingly, the liabilities of a company that they acqui
Published 11 Jul, 2014 12:00am
Kerry's warning

Kerry's warning

That in the run-off election for the Afghanistan presidency, the candidate Ashraf Ghani Ahmadzai would win hands down leaving behind the front runner of the first round Abdullah Abdullah by many lengthens is a huge surprise. But this has happened, and its
Published 11 Jul, 2014 12:00am
IMF and FBR

IMF and FBR

International Monetary Fund (IMF), in its Third Review under the 1Extended Arrangement for Pakistan, has noted significant shortfall in revenue measures from the original programme objectives. The IMF2 says that "although the authorities have taken some s
Published 11 Jul, 2014 12:00am
Should central bank be run by economists or bankers?

Should central bank be run by economists or bankers?

The question as to who should be appointed as central bank governor is not as straightforward and simple as some have argued recently (For instance, Dr Muhammad Yaqub's article titled "Why they fear an autonomous SBP" in a local newspaper. Globally, centr
Published 11 Jul, 2014 12:00am
Falling gas prices threaten LNG export projects

Falling gas prices threaten LNG export projects

A sharp fall in European and Asian gas prices this year will put liquefied natural gas (LNG) export projects world-wide under heavy cost pressure, and even kill some off, as expected returns on investments have to be revised down along with prices.
Published 11 Jul, 2014 12:00am
Railways and trade

Railways and trade

In the recent past one very significant development has taken place, Iran in 2009 connected Zahidan with their railway system. Since then it is physically possible to travel and transport goods by railways from Pakistan to Iran, Turkey, Europe and UK. How
Published 11 Jul, 2014 12:00am
Killings of Palestinians: Punjab opposition leader submits resolution

Killings of Palestinians: Punjab opposition leader submits resolution

Opposition leader in the Punjab Assembly Mian Mehmood ur Rashid on Thursday submitted a resolution in the Assembly against the indiscriminate shelling and killings of innocent Palestinians by the Israeli forces. In the resolution Mian Mehmood ur Rashid de
Published 11 Jul, 2014 12:00am
Health, education sectors: record funds provided to achieve MDGs: Shuja

Health, education sectors: record funds provided to achieve MDGs: Shuja

Punjab Finance Minister Mujtaba Shuja-ur-Rehman said in order to achieve the Millennium Development Goals (MDGs), record funds are being provided to health and education sectors. He was talking to various delegations here on Thursday, disclosed an officia
Published 11 Jul, 2014 12:00am
Long march needed for country's development only: Punjab chief minister

Long march needed for country's development only: Punjab chief minister

Punjab Chief Minister Shahbaz Sharif has said that Pakistan needs only such a long march at this stage which is aimed at progress and prosperity of the country, rooting out of terrorism, elimination of loadshedding, eradication of poverty and corruption a
Published 11 Jul, 2014 12:00am
MWM's worker shot dead, two bodies found in city

MWM's worker shot dead, two bodies found in city

At least two people were killed in separate incidents of violence while two bodies were recovered, here on Thursday. According to police and rescue sources, a 40-year-old man, Asif Karbalai, son of Akbar Ali, resident of Solider Bazaar, was killed when un
Published 11 Jul, 2014 12:00am
PCDMA elections on September 25

PCDMA elections on September 25

The annual elections of the members of Executive Committee of Pakistan Chemicals & Dyes Merchants' Association for the year 2014-15 will be held on Thursday (September 25, 2014). According to the elections schedule on 9 seats has been released by the asso
Published 11 Jul, 2014 12:00am
Loadshedding hours: power ministry fails to bring improvement

Loadshedding hours: power ministry fails to bring improvement

The Ministry of Water and Power has failed to bring improvement in load shedding hours and just paying lip service and wasting the exchequer on lavish meetings at Iftars and Sehris. Well-informed sources told Business Recorder that millions of rupe
Published 11 Jul, 2014 12:00am
Chinese firm, ERRA: agree to expedite 205 uplift projects in AJK

Chinese firm, ERRA: agree to expedite 205 uplift projects in AJK

Earthquake reconstruction, rehabilitation authority (ERRA) and Chinese Construction Company agreed to gear up the work to complete 205 City Development Projects worth Rs 34 billion in Muzaffarabad, Bagh and Rawalakot, Azad Jammu and Kashmir (AJK). This wa
Published 11 Jul, 2014 12:00am
BoM of PSO re-constituted

BoM of PSO re-constituted

The Ministry of Petroleum and Natural Resources (MoP&NR) has re-constituted the Board of Management (BoM) of Pakistan State Oil (PSO), while dissolving the previous board over poor performance, it is learnt. Well-placed sources in the Ministry of Petroleu
Published 11 Jul, 2014 12:00am
Prime Minister offers fateha for late Nawab Marri

Prime Minister offers fateha for late Nawab Marri

Prime Minister Nawaz Sharif who arrived in Karachi on Thursday drove to the residence of late Khair Bakhsh Marri and condoled over his death with his son Nawaz Changez Marri. He prayed for the departed soul of Nawab Khair Bukhsh Marri. The Prime Minister
Published 11 Jul, 2014 12:00am
Qatargas LNG price: Ministry urges ECC to form negotiation committee

Qatargas LNG price: Ministry urges ECC to form negotiation committee

The Ministry of Petroleum and Natural Resources has reportedly requested the Economic Co-ordination Committee (ECC) of the Cabinet to constitute a price negotiation committee to negotiate the LNG price and other important aspects with Qatargas. Sources to
Published 11 Jul, 2014 12:00am
'Happilac Media League' cricket tournament begins today

'Happilac Media League' cricket tournament begins today

Happilac Media League, the Night Cricket tournament, will be organized on 11 to 13th July, 2014 at Model Town Whites Ground. The teams of all popular media groups are participating in this tournament. The 12 playing teams have been divided into 4 groups.
Published 11 Jul, 2014 12:00am
Up to 80 percent price hike registered in all varieties of fruits

Up to 80 percent price hike registered in all varieties of fruits

The sky-rocketing prices of fruits in wholesale and retail markets have pushing the buyers beyond their purchasing power, as registering an hike of 70 to 80 percent in all varieties of fruits during the first 10 days of the holy month of Ramazan. With the
Published 11 Jul, 2014 12:00am
FBR launches recovery drive against fashion designers

FBR launches recovery drive against fashion designers

Directorate of Intelligence and Investigation-Inland Revenue (IR), Karachi has launched recovery drive against the fashion designers, who evaded taxes concealing actual income and made a case of huge revenue loss against famous Karachi-based fashion desig
Published 11 Jul, 2014 12:00am
Alleged criminal arrested

Alleged criminal arrested

The Anti-Car Lifting Cell (ACLC) of the capital police claimed to have arrested a criminal wanted by police for his alleged involvement in drug peddling as well as in various cases of car lifting in the federal capital. A police official said that the ACL
Published 11 Jul, 2014 12:00am
South Korea provides $200,000 in assistance to IDPs

South Korea provides $200,000 in assistance to IDPs

In order to provide maximum relief to North Waziristan's internally displaced persons (IDPs) Government of Korea has decided to extend $200,000 humanitarian assistance through the United Nations World Food Program (WFP) in close co-operation with the Gove
Published 11 Jul, 2014 12:00am
Rana Tanveer visits Belarus to attend MILEX-2014

Rana Tanveer visits Belarus to attend MILEX-2014

Federal Minister for Defence Production, Rana Tanveer Hussain along with Additional Secretary Major General, Raza Muhammad is on an official visit to Belarus to attend the International Exhibition of Arms and Military Machinery MILEX-2014 held in Minsk, s
Published 11 Jul, 2014 12:00am
ANF seizes huge amount of heroin from Balochistan

ANF seizes huge amount of heroin from Balochistan

In response to mega Opium crop in Afghanistan this year, DG ANF Major General Khawer Hanif has passed special instructions for enhanced intelligence collection, especially in areas adjacent to Afghanistan. In this contest, ANF carried out two successful i
Published 11 Jul, 2014 12:00am
KCDR to train 21 civil judges in mediation at FJA

KCDR to train 21 civil judges in mediation at FJA

Karachi Centre for Dispute Resolution (KCDR), in collaboration with Federal Judicial Academy (FJA), will train 21 civil judges in mediation from all provinces of Pakistan. The training will be conducted with the financial assistance of Government of New Z
Published 11 Jul, 2014 12:00am
Zarb-e-Azb an internal matter: FO denies contact with any country

Zarb-e-Azb an internal matter: FO denies contact with any country

Terming the on-going military operation Zarb-e-Azb in North Waziristan as Pakistan's internal matter, Foreign Office Thursday denied specific communication with any other country on the military offensive. It also made it clear that no international appea
Published 11 Jul, 2014 12:00am
Dar for early resolution of Pak-Russia financial dispute

Dar for early resolution of Pak-Russia financial dispute

Federal Minister for Finance Senator Mohammad Ishaq Dar on Thursday urged for early resolution of outstanding financial disputes between Russian government and Pakistan businessmen to help bring capital and investment into Pakistan. "There is lot of poten
Published 11 Jul, 2014 12:00am
Attack on police van: KP CM for effective crackdown on miscreants

Attack on police van: KP CM for effective crackdown on miscreants

KP Chief Minister Pervez Khattak while strongly condemning the attack on the police van in the jurisdiction of Chamkani police station has directed launching of effective crackdown against the miscreants involved in the incident. He also announced compens
Published 11 Jul, 2014 12:00am
KP government ready to cut ADP for IDPs welfare: chief minister

KP government ready to cut ADP for IDPs welfare: chief minister

KP Chief Minister Pervez Khattak has said that his government is ready to reduce the Annual Development Programme for fiscal year 2014-15 for the welfare of the displaced people from North Waziristan Agency due to military operation.
Published 11 Jul, 2014 12:00am
Parliamentary year 2013-14: Senate fails to pass a single bill

Parliamentary year 2013-14: Senate fails to pass a single bill

The upper house of parliament failed to pass a single bill during the parliamentary year 2013-14 while with advent of the new parliamentary year it became a bit proactive and passed five bills including Pakistan Protection Bill, 2014 in the wake of milita
Published 11 Jul, 2014 12:00am
Qubee's bill payment made easy with Upaisa

Qubee's bill payment made easy with Upaisa

Owing to availability of extensive and reliable financial solutions by Ufone, Qubee, a renowned broadband service provider in Pakistan with coverage in Karachi, Lahore and twin cities of Islamabad/Rawalpindi, has taken up Upaisa to facilitate its customer
Published 11 Jul, 2014 12:00am
Qubee's bill payment made easy with Upaisa

Qubee's bill payment made easy with Upaisa

Owing to availability of extensive and reliable financial solutions by Ufone, Qubee, a renowned broadband service provider in Pakistan with coverage in Karachi, Lahore and twin cities of Islamabad/Rawalpindi, has taken up Upaisa to facilitate its customer
Published 11 Jul, 2014 12:00am
Qubee''s bill payment made easy with Upaisa

Qubee''s bill payment made easy with Upaisa

Owing to availability of extensive and reliable financial solutions by Ufone, Qubee, a renowned broadband service provider in Pakistan with coverage in Karachi, Lahore and twin cities of Islamabad/Rawalpindi, has taken up Upaisa to facilitate its customer
Published 11 Jul, 2014 12:00am
Transfers, postings of civil judges

Transfers, postings of civil judges

Chief Justice Sindh has transferred Saleem Raza Gopang Senior Civil Judge/Assistant Sessions Judge Khairpur and posted at Hyderabad against vacancy and Altaf Hussain Dayo Senior Civil Judge/Assistant Sessions Judge Jacobabad and posted at Mirwah against v
Published 11 Jul, 2014 12:00am
Forex reserves up by $647 million

Forex reserves up by $647 million

The country's total liquid foreign exchange reserves rose by $647.6 million during last week. According to State Bank of Pakistan's weekly forex report issued on Thursday, the country's forex reserves reached $14.638 billion as on July 4, 2014 compared to
Published 11 Jul, 2014 12:00am
Addressing grievances: Shah advises Imran to take Parliament's course

Addressing grievances: Shah advises Imran to take Parliament's course

Opposition Leader in the National Assembly Syed Khursheed Shah on Thursday advised Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan to come to the Parliament and discuss his grievances instead of giving call for a million march. Speaking to media outside B
Published 11 Jul, 2014 12:00am
Condolence offered

Condolence offered

Associated Press of Pakistan (APP) Quetta bureau had condoled the demise of the father of Shehzada Zulfiqar, senior Balochistan journalists and Shehzada Farhat, Director Public Relations here on Thursday.
Published 11 Jul, 2014 12:00am
Hoax call case: LHC sends suspects on judicial remand

Hoax call case: LHC sends suspects on judicial remand

The Lahore High Court here on Thursday sent a woman and a man to jail on judicial remand in a case of making a hoax call. North Cantonment police had arrested Sonia and her neighbour Kashif after they made a hoax call to police claiming that a man namely
Published 11 Jul, 2014 12:00am
Met Office forecasts hot, humid weather across country

Met Office forecasts hot, humid weather across country

The met office on Thursday issued a weekly monsoon forecast suggesting largely hot and humid weather expected to prevail across the country. "Seasonal low lies over North Balochistan and its trough extending south-eastward. Weak moist currents are penetra
Published 11 Jul, 2014 12:00am
Advisory to maize growers

Advisory to maize growers

Punjab Agriculture Department (PAD) has advised the maize growers to complete sowing of their crop in Barani areas before start of monsoon season, so that the plants could establish their roots and take full advantage of monsoon rains. In an advisory issu
Published 11 Jul, 2014 12:00am
Senate delegation meets member of EU Parliament

Senate delegation meets member of EU Parliament

Foreign Affairs Committee of Senate of Pakistan which is visiting Brussels under the chairmanship of Senator Haji Muhammad Adeel met with Michael Gahler who is a member of the Committee on Foreign Affairs in the European Parliament and discussed the curre
Published 11 Jul, 2014 12:00am
JI Ameer condemns drone attack

JI Ameer condemns drone attack

JI Ameer Sirjul Haq has strongly condemned the drone attack in Ditta Khel, resulting in several casualties. In a statement here on Thursday, he said the drone attack in the presence of the Pak army in North Waziristan Agency is a matter of deep concern. H
Published 11 Jul, 2014 12:00am
Retailers continue to sell flour at exorbitant rates

Retailers continue to sell flour at exorbitant rates

Increase in the price of flour by Rs 1.50 per kg does not matter in the eyes of wheat retailers as they are already allegedly involved in selling flour at exorbitant rates. A survey of markets showed that although this essential kitchen commodity is alrea
Published 11 Jul, 2014 12:00am
MCB Bank, ACCA sign MoU

MCB Bank, ACCA sign MoU

MCB Bank Limited and ACCA Pakistan have signed a MoU, according to which MCB Bank will provide all ACCA Pakistan members and students an exclusive deal on its newly launched product MCB Lite-Pass it On, a mobile wallet, powered by a Visa Card for all thei
Published 11 Jul, 2014 12:00am
Gender-based violence rises to 84 percent in 3 provinces

Gender-based violence rises to 84 percent in 3 provinces

Gender-Based Violence (GBV) witnessed a rise to 84 percent in three provinces in the country. It was revealed in the survey report launched here on Saturday by Rutgers WPF with collaboration of SAFCO. According to the report, the survey was conducted in t
Published 11 Jul, 2014 12:00am
Make-A-Wish Foundation fulfils terminally ill teenager's wish

Make-A-Wish Foundation fulfils terminally ill teenager's wish

Make-A-Wish Foundation Pakistan fulfilled the wish of terminally ill Waseem Asghar to meet Prime Minister of Pakistan Muhammad Nawaz Sharif. The 14-year old Waseem Asghar suffering from Thellessemia major wished Make-A-Wish Foundation Pakistan about his m
Published 11 Jul, 2014 12:00am
Row between KWSB, K-E makes Karachiites' life miserable

Row between KWSB, K-E makes Karachiites' life miserable

The row between two public utilities - Karachi Water & Sewerage Board (KWSB) and K-Electric (K-E) has caused great sufferings to the Karachiites especially in the month of holy Ramazan as the city reportedly faced about 350 million gallons water scarcity
Published 11 Jul, 2014 12:00am
Indian rupee declines

Indian rupee declines

The Indian rupee saw its biggest single-day decline in nearly a month on Thursday as the euphoria over the budget was washed away by the sharp fall in European shares while key stop-losses were also triggered. Indian Prime Minister Narendra Modi's new gov
Published 11 Jul, 2014 12:00am
EU sanctions two South Sudan military chiefs

EU sanctions two South Sudan military chiefs

The European Union said it slapped a travel ban and asset freeze Thursday on two South Sudanese military leaders for committing atrocities and obstructing the peace. The sanctions against the two, whose names will be released Friday when the sanctions tak
Published 11 Jul, 2014 12:00am
US blacklists Hezbollah agents buying drone components

US blacklists Hezbollah agents buying drone components

The United States moved Thursday to blacklist a group of companies it said covertly helped Lebanon's powerful Hezbollah militia acquire components for surveillance drones. The US Treasury placed sanctions on Beirut-based Stars Group Holding, which it said
Published 11 Jul, 2014 12:00am
Bollywood grand dame Zohra Sehgal dies

Bollywood grand dame Zohra Sehgal dies

Bollywood's grand dame Zohra Sehgal, whose seven-decade career spanned theatre, film, dance and television in both India and Britain, died in hospital on Thursday, her family said. She was 102. Prime Minister Narendra Modi led tributes to the star, who wa
Published 11 Jul, 2014 12:00am
FIFA rejects Uruguay, Suarez appeals

FIFA rejects Uruguay, Suarez appeals

FIFA on Thursday dismissed appeals by Uruguay and Luis Suarez over the striker's four-month global ban for biting a World Cup opponent. However amid doubts about the scope of the restrictions on the star goalscorer's activities, Suarez could still take a
Published 11 Jul, 2014 12:00am
Kenya eyes Glasgow distance comeback

Kenya eyes Glasgow distance comeback

Kenya's long distance men's team is hoping to end 12 years of frustration at the Commonwealth Games by regaining the 5000m and 10000m titles in Glasgow. Kenya dominated both races at the 2002 games in Manchester, England but have since been overshadowed b
Published 11 Jul, 2014 12:00am
Isner, Mahut reach quarters

Isner, Mahut reach quarters

Two-time champion John Isner and defending champ Nicolas Mahut eased into the quarter-finals at the ATP Tour's Hall of Fame Tennis Championships on Wednesday. Two-time runner-up Lleyton Hewitt, of Australia, also advanced in emphatic fashion with a straig
Published 11 Jul, 2014 12:00am
Openers miss out as Black Caps opt for youth

Openers miss out as Black Caps opt for youth

Struggling New Zealand Test openers Peter Fulton and Hamish Rutherford missed out on central contracts as selectors on Thursday named a youth-orientated playing group with an eye on next year's World Cup. There are six new faces in the 20-man list of play
Published 11 Jul, 2014 12:00am
Serena out of Bastad

Serena out of Bastad

World number one Serena Williams has pulled out of next week's Swedish Open after failing to recover from the illness which dramatically ended her Wimbledon campaign. The 32-year-old American star, who was the defending champion at the Bastad claycourt ev
Published 11 Jul, 2014 12:00am