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Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-08-15
Ebola lockdown takes economic toll in west Africa

Ebola lockdown takes economic toll in west Africa

The Ebola outbreak in west Africa threatens to exact a severe economic toll, analysts said on Thursday, as striken countries remained in lockdown and rushed to bolster emergency responses. The shutting down of schools, borders and government services in t
Published 15 Aug, 2014 12:00am
Erdogan warns against split in Turkey ruling party

Erdogan warns against split in Turkey ruling party

Prime Minister Recep Tayyip Erdogan on Thursday warned supporters against allowing any split in Turkey's ruling party, as he prepares to become a strongman president later this month to extend his domination of the country. In his first keynote speech sin
Published 15 Aug, 2014 12:00am
Putin says Russia should not cut itself off from West

Putin says Russia should not cut itself off from West

President Vladimir Putin said on Thursday that Russia should not "fence itself off from the outside world" despite a plunge in East-West relations over the pro-Kremlin insurgency in Ukraine. Putin added during a visit to Crimea - seized by Russia from Ukr
Published 15 Aug, 2014 12:00am
Syria troops retake key town outside Damascus

Syria troops retake key town outside Damascus

Syrian government forces on Thursday retook a key town on the outskirts of the capital Damascus after a months-long battle against rebels, a military source and state television said. The Syrian Observatory for Human Rights monitoring group backed up the
Published 15 Aug, 2014 12:00am
Colombia supports allowing medical marijuana

Colombia supports allowing medical marijuana

President Juan Manuel Santos signalled his support Thursday for a bill that would allow the medical use of marijuana in Colombia. The ruling Liberal Party proposed the measure for a vote in the current session of the Colombian Congress, which opened July
Published 15 Aug, 2014 12:00am
127 victims of MH17 identified

127 victims of MH17 identified

Dutch forensic experts have identified a total of 127 victims of downed flight MH17, with 20 new names being released to families on Thursday, the Dutch national broadcaster said. "Of the 20, some 15 were Dutch. The nationalities of the rest of the victim
Published 15 Aug, 2014 12:00am
Germany, France to send aid to Iraqi Kurds

Germany, France to send aid to Iraqi Kurds

Germany will send four planes with humanitarian aid to Kurds in northern Iraq on Friday, the Ministry of Defence said, while France said it would boost support to Kurdish fighters battling Islamic State militants. Four German Transall C-160 military trans
Published 15 Aug, 2014 12:00am
Ecuador quake death toll lowered to three

Ecuador quake death toll lowered to three

Ecuador said Thursday that three people - not four - were killed in an earthquake that shook the country this week, triggering deadly landslides. Quito Mayor Mauricio Rodas corrected the toll, saying authorities had mistakenly reported that a man who was
Published 15 Aug, 2014 12:00am
Mark Zuckerberg's chilly charity challenge to Bill Gates

Mark Zuckerberg's chilly charity challenge to Bill Gates

Facebook founder Mark Zuckerberg has become the latest celebrity to be doused by a bucket of ice-cold water - and now he wants Bill Gates to follow suit. Aimed at raising awareness and cash for the fight against Lou Gehrig's disease, the Ice Bucket Challe
Published 15 Aug, 2014 12:00am
SBP to continue playing key role in growth of economy: Saeed Ahmed

SBP to continue playing key role in growth of economy: Saeed Ahmed

The Acting Governor of State Bank of Pakistan Saeed Ahmed has said the central bank will keep on playing its role in growth of the country's economy and it is important to follow teachings of our leaders and keep the national interest supreme in every dec
Published 15 Aug, 2014 12:00am
CPLC chief felicitates nation

CPLC chief felicitates nation

Independence Day gives us a message to be reunited for the progress and development of the country, Ahmed Chinoy, Chief CPLC said on Thursday. Chinoy, Chief CPLC Sindh Governor House has congratulated the nation on the Independence Day, and has appealed t
Published 15 Aug, 2014 12:00am
Independence Day celebrated at CAA Headquarters

Independence Day celebrated at CAA Headquarters

The 68th Independence Day was celebrated with full enthusiasm, zeal and national spirit at Headquarters Civil Aviation Authority in which CAA employees including Directors and General Managers participated along with their family members. Air Vice Marshal
Published 15 Aug, 2014 12:00am
Flag hoisting ceremony held at KMC

Flag hoisting ceremony held at KMC

Karachi Metropolitan Corporation's Administrator Rauf Akhtar Faruqui on Thursday hoisted the national flag at a ceremony held at Civic Center to celebrate the Independence Day of Pakistan. Other senior officials of the KMC were also present.
Published 15 Aug, 2014 12:00am
Change of guard at Mazar-e-Quaid

Change of guard at Mazar-e-Quaid

In connection with the Independence Day, an impressive change of guard ceremony was held at Mazar-e-Quaid, Karachi on Thursday where a smart contingent of Pakistan Navy took charge. Commandant Naval Academy, Commodore Naved Ashraf, was chief guest of the
Published 15 Aug, 2014 12:00am
Political acumen needed to resolve differences: Sindh chief minister

Political acumen needed to resolve differences: Sindh chief minister

Chief Minister of Sindh, Syed Qaim Ali Shah, on Thursday said political acumen was needed by relevant politicians to settle the impasse witnessed in part of the country. Talking to media persons, after attending the flag hoisting ceremony at Mazar-e-Quaid
Published 15 Aug, 2014 12:00am
SU celebrates Independence Day with national fervour

SU celebrates Independence Day with national fervour

A flag-hoisting ceremony was held at Sindh University (SU) Allama I.I Kazi Campus on Thursday morning to commemorate the country's Independence Day. The vice-chancellor of Sindh University, Professor Dr Abida Taherani, the registrar, Ghulam Muhammad Bhutt
Published 15 Aug, 2014 12:00am
FPCCI urges politicians to shun petty differences

FPCCI urges politicians to shun petty differences

President of Federation of Pakistan Chamber of Commerce and Industry (FPCCI), Zakaria Usman on Thursday urged the politicians to overcome their differences in the larger interest of the country. Addressing the flag hoisting ceremony at Federation House he
Published 15 Aug, 2014 12:00am
Independence Day celebrations begin with 21-gun salute in metropolis

Independence Day celebrations begin with 21-gun salute in metropolis

The 68th National Independence Day dawned in the metropolis with 21-gun salute followed by special prayers and impressive flag hoisting and change of guards ceremonies at the Mazar of Quaid-e-Azam. While the mausoleum remained the centre of attraction for
Published 15 Aug, 2014 12:00am
Railways' employees urged to work with missionary zeal

Railways' employees urged to work with missionary zeal

Pakistan Railways' Karachi division on Thursday organized flag hoisting ceremony to celebrate the 68th Independence Day of Pakistan with traditional enthusiasm. The event was organized in Railways' divisional superintendent's office here at the City Stati
Published 15 Aug, 2014 12:00am
Former CJP never contacted me for his son's appointment: Malik

Former CJP never contacted me for his son's appointment: Malik

Chief Minister Balochistan Dr Abdul Malik Baloch on Thursday refuted the statement of Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan in relation to the appointment of Arsalan Iftikhar, son of former Chief Justice Supreme Court of Pakistan, Iftikhar Muham
Published 15 Aug, 2014 12:00am
Isolated heavy rainfall may hit Punjab, KP, Kashmir divisions from today

Isolated heavy rainfall may hit Punjab, KP, Kashmir divisions from today

A fresh westerly wave is expected to approach upper parts of the country on Friday (evening/night) which is likely to persist during next 36 hours, according to Met Office. The office warned that isolated heavy falls may also occur in Islamabad, Peshawar,
Published 15 Aug, 2014 12:00am
Lawyer's house set ablaze in DHA; no one hurt

Lawyer's house set ablaze in DHA; no one hurt

A house of a lawyer, located in Defence Housing Authority, was set on fire by unknown assailants on Thursday. However, no causality was reported in the incident. Ashfaq Rizvi, a lawyer of Sindh High Court (SHC), whose home is located on Khayaban-e- Baadba
Published 15 Aug, 2014 12:00am
Climate change: 'Local resources to be used to avert impact'

Climate change: 'Local resources to be used to avert impact'

Ministry of Climate Change intends to utilise local resources through community-led projects, specially those introducing new technology to avert the impacts of climatic change in Pakistan. In this regard, the ministry is looking possibilities to promote
Published 15 Aug, 2014 12:00am
KP accountability body to become operational soon: Khattak

KP accountability body to become operational soon: Khattak

KP Chief Minister, Pervez Khattak said Accountability Commission would soon start operation which on getting proofs of corruption would put on trial every influential including chief minister. He was addressing different public meetings in Badrashi and Kh
Published 15 Aug, 2014 12:00am
PAJCCI organises workshop on IPR

PAJCCI organises workshop on IPR

Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) organised a workshop on 'Intellectual Property, Brand Protection, Company Formation and the US Legal System' in collaboration with Ali and Associates. To acquire global perspective on th
Published 15 Aug, 2014 12:00am
Fiscal Year 2014 cotton yarn export down 12 percent

Fiscal Year 2014 cotton yarn export down 12 percent

Export of cotton yarn fell by 12 percent to $1.990 billion in the last fiscal year 2013-14, according to official figures. Cotton yarn export declined by $262 million in the last fiscal year 2013-14 from $2.252 billion in the corresponding fiscal year 201
Published 15 Aug, 2014 12:00am
Siraj pays tributes to Al-Ikhwanul Muslimoon

Siraj pays tributes to Al-Ikhwanul Muslimoon

Ameer, Jamaat e Islami, Pakistan, Sirajul Haq, paid rich tributes to the glorious struggle of the Al-Ikhwanul Muslimoon in Egypt and said their unparalleled sacrifices would not go waste. In a statement here on Thursday, he said the Ikhwan's struggle is f
Published 15 Aug, 2014 12:00am
Shahbaz visits Allama Iqbal's mazar

Shahbaz visits Allama Iqbal's mazar

Punjab Chief Minister Shahbaz Sharif visited Mazar of Allama Iqbal on Thursday and laid a wreath. He also offered Fateha. The CM prayed for the solidarity and prosperity of the country. He also recorded his impressions in the visitor book. The Chief Minis
Published 15 Aug, 2014 12:00am
CNG stations: PEW demands separate queues for women motorists

CNG stations: PEW demands separate queues for women motorists

The Pakistan Economy Watch (PEW) on Thursday demanded separate lines for women car drivers on the CNG outlets across Pakistan to provide them some relief. Women are 52 per cent of the population but few drive cars therefore it would not be difficult to pr
Published 15 Aug, 2014 12:00am
Comprehensive security plan chalked out for marchers

Comprehensive security plan chalked out for marchers

The tsunami of Pakistan Tehreek-e-Insaf (PTI) all set to hit Islamabad on Friday morning, the federal government has chalked out a comprehensive security plan to ensure foolproof security to the marches. The government was reluctant to allow the marchers
Published 15 Aug, 2014 12:00am
Workshop on 'growing organic vegetables at home' on August 24

Workshop on 'growing organic vegetables at home' on August 24

To promote agricultural related tourism in Pakistan, Agri Tourism Development Corporation is holding a one-day training workshop on "growing organic vegetables at home" on August 24, at Gatwala Forest Park near Faisalabad. The workshop is being held to ma
Published 15 Aug, 2014 12:00am
PU teacher gets 'Nor-Fishing Foundation Travel Grant Award'

PU teacher gets 'Nor-Fishing Foundation Travel Grant Award'

Professor of Zoology, University of Punjab, Lahore, Professor Dr Muhammad Naeem Khan has been awarded the "Nor-Fishing Foundation Travel Grant Award 2014" by the Royal Ministry of Trade, Industry and Fisheries, Norway. Erik Hempel, Director of Communicati
Published 15 Aug, 2014 12:00am
Police resist orders of blocking PAT activists: Elahi

Police resist orders of blocking PAT activists: Elahi

Pakistan Muslim League-Q (PML-Q) senior leader Chaudhry Parvez Elahi on Thursday claimed that police "resisted" the orders of blocking activists of Pakistan Awami Tehreek (PAT) through use of force, resultantly, the government had left with no option exce
Published 15 Aug, 2014 12:00am
PTI, PAT given safe way in national interest: Saad

PTI, PAT given safe way in national interest: Saad

Railways Minister Khawaja Saad Rafiq Thursday said the government had given a safe way to the Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) in the national interest and now their leaders should show a sense of responsibility and keep the
Published 15 Aug, 2014 12:00am
PIA airlifts 500 stranded Pakistanis from Libya

PIA airlifts 500 stranded Pakistanis from Libya

Pakistan International Airlines the national flag carrier has always stood by the people of Pakistan whether it's a relief operation during Natural disasters or bringing back the standard Pakistanis to join their loved ones. On the instructions of Prime M
Published 15 Aug, 2014 12:00am
Rear Admiral Arifullah new Commander Karachi

Rear Admiral Arifullah new Commander Karachi

Rear Admiral Syed Arifullah Hussaini has taken over as Commander Karachi from outgoing Vice Admiral Khawaja Ghazanfar Hussain in an impressive change of command ceremony held at PNS Bahadur, says Naval Headquarters here on Thursday. Rear Admiral Syed Arif
Published 15 Aug, 2014 12:00am
Judges should abstain from handing down rulings: Aitzaz

Judges should abstain from handing down rulings: Aitzaz

Pakistan People's Party leader and former president Supreme Court Bar Association (SCBA), Aitzaz Ahsan Thursday said that judges should abstain from handing down rulings on political issues. Speaking to a private television channel on Thursday, Aitzaz Ahs
Published 15 Aug, 2014 12:00am
Stage collapsed: three MPAs among several hurt

Stage collapsed: three MPAs among several hurt

Three MPAs of Khyber Pakhtunkhwa Assembly among several others were injured when stage set up for Independence Day ceremony crashed here on Thursday. Rescue sources said that stage built for the Independence Day ceremony in Mansehra city suddenly collapse
Published 15 Aug, 2014 12:00am
Nation celebrates 68th Independence Day with zeal

Nation celebrates 68th Independence Day with zeal

The 68th Independence Day was celebrated on Thursday with enthusiasm and renewed pledge to safeguard the country against any threat and work for nation building as per vision of the founding father Quaid-i-Azam Muhammad Ali Jinnah. The day started with 31
Published 15 Aug, 2014 12:00am
Flag hoisting ceremony held at LHC

Flag hoisting ceremony held at LHC

Chief Justice Lahore High Court Khawaja Imtiaz Ahmad unfurled national flag at LHC building here on Thursday. The flag hoisting ceremony was attended by judges of the LHC, President Lahore High Court Bar Association, Shafqat Mehmood Chohan along with othe
Published 15 Aug, 2014 12:00am
Flag hoisted at Punjab Assembly premises

Flag hoisted at Punjab Assembly premises

Speaker Punjab Assembly Rana Muhammad Iqbal here on Thursday hoisted national flag at Punjab Assembly premises on Thursday. Speaker stressed upon the need of solidarity on the occasion. He said nation had suffered much in creation of this country and woul
Published 15 Aug, 2014 12:00am
Flag hoisting ceremonies held at hospitals

Flag hoisting ceremonies held at hospitals

National flag hoisting ceremonies were arranged and cakes of 68th anniversary of Pakistan cut in various hospitals on the eve of Independence Day. Advisor to Punjab Chief Minister on Health, Khawaja Salman Rafique hoisted national flag at Sir Ganga Ram Ho
Published 15 Aug, 2014 12:00am
Army Formations, Units celebrate Independence Day

Army Formations, Units celebrate Independence Day

Independence Day was celebrated with simplicity and solemnity by all Army Formations and Units of Lahore Garrison here on Thursday. Special prayers were offered for integrity, solidarity, progress and prosperity of Pakistan after Namaz-e-Fajr at all Forma
Published 15 Aug, 2014 12:00am
Independence Day celebrated in Lahore's schools, universities

Independence Day celebrated in Lahore's schools, universities

Private and public schools and universities of Lahore marked the 68th Independence Day of Pakistan on Thursday. Heads of the institutions paid homage to Quaid-e-Azam Muhammad Ali Jinnah and remembered the untiring efforts of our great leaders of Pakistan
Published 15 Aug, 2014 12:00am
Khattak renews pledge for salvation of country

Khattak renews pledge for salvation of country

KP Chief Minister Pervez Khattak renewed the pledge that for salvation and protection of the country they will even not hesitate from rendering the sacrifice of their lives. Talking to media after flag-hoisting ceremony in connections with 68th Independen
Published 15 Aug, 2014 12:00am
Independence Day celebrated in Sri Lanka

Independence Day celebrated in Sri Lanka

The High Commission of Pakistan and the Pakistani community in Sri Lanka celebrated the 68th Independence Day of Pakistan with traditional fervour and resolve to make Pakistan a strong, dynamic progressive tolerant and democratic Islamic welfare state. Th
Published 15 Aug, 2014 12:00am
Country cannot afford meaningless political adventurism: President

Country cannot afford meaningless political adventurism: President

President Mamnoon Hussain has said that the country cannot afford any type of meaningless political adventurism at this critical juncture when it is fighting war against terrorism for its survival and stability. The President expressed these views while a
Published 15 Aug, 2014 12:00am
Thatta uplift schemes: SHC orders probe into embezzlement

Thatta uplift schemes: SHC orders probe into embezzlement

The Sindh High Court (SHC) has directed anti-corruption chairman to conduct an enquiry into the allegations of embezzlement of funds meant for various uplift schemes of Thatta district. The petitioner Ghulam Rasool moved the court against Muhammad Hanif M
Published 15 Aug, 2014 12:00am
Four killed in various incidents of violence

Four killed in various incidents of violence

At least four people were killed while four others were injured in separate incidents of violence here on Thursday. According to police and rescue sources, two people named, Abdul Samad, 28, son of Dawood, Shoaib, 25, son of Shahjahan were shot and killed
Published 15 Aug, 2014 12:00am
FC personnel killed in Quetta blast

FC personnel killed in Quetta blast

A Balochistan Frontier Corps official was killed and another injured in a blast here in Hazar Ganji area on Thursday. According to police, unidentified armed men had planted remote-controlled explosive device along roadside which went-off as an FC patroll
Published 15 Aug, 2014 12:00am
PTI-PAT protest plan and LHC order

PTI-PAT protest plan and LHC order

What was wrong in government decision to allow PTI's march and sit-in within the parameters defined by the Lahore High Court judgement? Addressing a news conference in Islamabad on Wednesday evening, Interior Minister Chaudhry Nisar Ali Khan made it very
Published 15 Aug, 2014 12:00am
Obama could be mired in Iraq for the duration

Obama could be mired in Iraq for the duration

With no set timescale for military engagement and few certainties in Baghdad's political crisis, US President Barack Obama's week-old Iraq intervention threatens to monopolise the rest of his presidency. Two-and-a-half years after he oversaw the withdrawa
Published 15 Aug, 2014 12:00am
Long-neglected Gaza heritage wilts in war

Long-neglected Gaza heritage wilts in war

The Israeli missile tore through the vaulted ceiling and pulverised age-old sandstone. One direct hit destroyed the Omari mosque in Jabaliya and dealt another blow to Gaza's beleaguered heritage. The site is believed to have housed a mosque since the seve
Published 15 Aug, 2014 12:00am
Probing Swiss accounts

Probing Swiss accounts

The Finance Minister, Senator Muhammad Ishaq Dar, according to a news item, published in Dawn, August 1, 2014, made a firm pledge that "talks will be held with Swiss authorities in August to bring back US $200 billion to Pakistan from banks in Switzerland
Published 15 Aug, 2014 12:00am
US returns to Iraq

US returns to Iraq

How seriously extremists and fanatics can damage the image and heritage of the religion they profess and preach the massive displacements of non-Muslim minorities forced from the areas controlled by the Islamic State of Iraq and Syria make for an unenviab
Published 15 Aug, 2014 12:00am
Branchless banking

Branchless banking

It is a matter of great satisfaction that financial system of Pakistan is second to none in adopting new technologies and introducing fresh products in the banking business for the convenience of their clients and improve their share in the market. Branch
Published 15 Aug, 2014 12:00am
Shanghai copper slips

Shanghai copper slips

The most-traded October copper contract on the Shanghai Futures Exchange fell 1.2 percent to 48,920 yuan($7,948) a tonne on Thursday, also tipping its lowest in seven weeks after growth in China's huge property sector showed signs of cooling, while worrie
Published 15 Aug, 2014 12:00am
Copper slips to seven-week low

Copper slips to seven-week low

Copper fell to its lowest since late June on Thursday on concerns about demand for the industrial metal after data showing euro zone economic growth ground to a halt in the second quarter and the Chinese property sector cooled. Germany's economy contracte
Published 15 Aug, 2014 12:00am
Rubber futures down

Rubber futures down

Tokyo rubber futures slipped on Thursday, hovering near one-month lows as weaker oil weighed on prices, though an easing Japanese yen helped prevent sharp falls, dealers said. The Tokyo Commodity Exchange rubber contract for January delivery fell 0.7 yen
Published 15 Aug, 2014 12:00am
Soya dips, corn rises

Soya dips, corn rises

US soyabean futures dipped on Wednesday on expectations that autumn harvests will exceed government forecasts due to favourable weather, while new-crop corn bounced from a contract low set the previous session. Forecasts for rain in some of the drier area
Published 15 Aug, 2014 12:00am
Palm oil slides

Palm oil slides

Malaysian palm oil futures slid to touch a near five-year low on Thursday, following losses in overseas soy markets, and further dragged by forecasts of abundant supply of competing oilseeds alongside an expected surge in Southeast Asian palm output. The
Published 15 Aug, 2014 12:00am
Sugar sinks, cocoa hits three-year peak

Sugar sinks, cocoa hits three-year peak

ICE raw sugar futures dropped to a six-month low on Thursday as global oversupply and heavy stocks offset a slowdown in the pace of harvesting in top producer Brazil. Cocoa prices on ICE touched a fresh three-year high, supported by strong technical outlo
Published 15 Aug, 2014 12:00am
Gold rises in New York

Gold rises in New York

Gold rose on Wednesday after soft retail sales pointed to some loss of momentum in the US economy, reducing fears among bullion investors that the Federal Reserve may raise interest rates sooner than expected. "We saw a move upwards after the retail sales
Published 15 Aug, 2014 12:00am
Gold holds gains in Asia

Gold holds gains in Asia

Gold held on to small overnight gains on Thursday, as sluggish US retail sales data and geopolitical tensions boosted the metal's safe-haven appeal, although higher stock markets could check any further rise. Spot gold was steady at $1,312.10 an ounce by
Published 15 Aug, 2014 12:00am
Gold steadies in Europe

Gold steadies in Europe

Gold steadied on Thursday as a weak dollar extended losses following weaker-than-expected US jobs data, but a rebound in European shares after comments from Russian President Vladimir Putin on the Ukraine conflict limited gains. Initial claims for US unem
Published 15 Aug, 2014 12:00am
US MIDDAY: soya rises

US MIDDAY: soya rises

New-crop US soyabean futures early on Thursday rebounded from a contract low set earlier in the session, while new-crop corn topped a one-week high in a recovery from recent losses. Prices advanced after coming under pressure from expectations that US cro
Published 15 Aug, 2014 12:00am
US MIDDAY: gold stays flat

US MIDDAY: gold stays flat

Gold prices were little changed early on Thursday as investors shrugged off a bigger-than-expected rise in US jobless claims, while conciliatory comments from Russian President Vladimir Putin eased jitters about the Ukraine crisis that had prompted some s
Published 15 Aug, 2014 12:00am
Cotton futures ease under pressure from weak US export data

Cotton futures ease under pressure from weak US export data

Cotton futures eased on Thursday, under pressure from a lacklustre weekly US government export sales report. The most-active December cotton contract on ICE Futures US closed down 0.05 cent, or 0.08 percent, at 64.67 cents a lb after paring the day's stee
Published 15 Aug, 2014 12:00am
Brent, US crude shed $2; oil ETF shares slide

Brent, US crude shed $2; oil ETF shares slide

Crude oil prices fell more than $2 a barrel on both sides of the Atlantic on Thursday, sunk by weak economic data hinting at softening oil demand and by ample supplies. The US crude contract retreated more than 50 cents in a minute as shares of the exchan
Published 15 Aug, 2014 12:00am
FTO''s intervention: FBR to pay compensation for delayed ST refund

FTO''s intervention: FBR to pay compensation for delayed ST refund

On the intervention of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) will have to pay compensation for delayed payment of sales tax refund in a case where the compensation exceeded the principal amount of refund involved and settled
Published 15 Aug, 2014 12:00am
FTO's intervention: FBR to pay compensation for delayed ST refund

FTO's intervention: FBR to pay compensation for delayed ST refund

On the intervention of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) will have to pay compensation for delayed payment of sales tax refund in a case where the compensation exceeded the principal amount of refund involved and settled
Published 15 Aug, 2014 12:00am
FTO's intervention: FBR to pay compensation for delayed ST refund

FTO's intervention: FBR to pay compensation for delayed ST refund

On the intervention of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) will have to pay compensation for delayed payment of sales tax refund in a case where the compensation exceeded the principal amount of refund involved and settled
Published 15 Aug, 2014 12:00am
Saudi Arabia beheads two for drug trafficking, murder

Saudi Arabia beheads two for drug trafficking, murder

Saudi authorities on Thursday beheaded a Pakistani convicted drug trafficker and a local man found guilty of murder, the interior ministry said, raising to 26 the number of executions announced this year. Sultan Hussein Khadim from Pakistan was put to the
Published 15 Aug, 2014 12:00am
Saudi Arabia beheads two for drug trafficking, murder

Saudi Arabia beheads two for drug trafficking, murder

Saudi authorities on Thursday beheaded a Pakistani convicted drug trafficker and a local man found guilty of murder, the interior ministry said, raising to 26 the number of executions announced this year. Sultan Hussein Khadim from Pakistan was put to the
Published 15 Aug, 2014 12:00am
Modi greets Pakistan on Independence Day

Modi greets Pakistan on Independence Day

Indian Prime Minister Narendra Modi greeted people of Pakistan on their independence day. "On the occasion of their Independence Day, I convey my greetings to the people of Pakistan," he posted. At the Wagah border crossing, Pakistan army personnel gifted
Published 15 Aug, 2014 12:00am
Modi greets Pakistan on Independence Day

Modi greets Pakistan on Independence Day

Indian Prime Minister Narendra Modi greeted people of Pakistan on their independence day. "On the occasion of their Independence Day, I convey my greetings to the people of Pakistan," he posted. At the Wagah border crossing, Pakistan army personnel gifted
Published 15 Aug, 2014 12:00am
Despite shaky start, Gaza truce extension holds

Despite shaky start, Gaza truce extension holds

Millions in Gaza and southern Israel on Thursday enjoyed a welcome extension to a temporary truce despite a rocky start which saw a flurry of rocket fire and air strikes. Negotiators in Cairo brokered an 11th-hour extension to an existing truce by another
Published 15 Aug, 2014 12:00am
Despite shaky start, Gaza truce extension holds

Despite shaky start, Gaza truce extension holds

Millions in Gaza and southern Israel on Thursday enjoyed a welcome extension to a temporary truce despite a rocky start which saw a flurry of rocket fire and air strikes. Negotiators in Cairo brokered an 11th-hour extension to an existing truce by another
Published 15 Aug, 2014 12:00am
Iraq set for more US strikes as Obama says US broke IS siege

Iraq set for more US strikes as Obama says US broke IS siege

US President Barack Obama declared Thursday that America broke the jihadist siege of Iraq's Mount Sinjar, where thousands of civilians were trapped, but said air strikes against the militants will go on. The UN refugee agency had said tens of thousands of
Published 15 Aug, 2014 12:00am
Iraq set for more US strikes as Obama says US broke IS siege

Iraq set for more US strikes as Obama says US broke IS siege

US President Barack Obama declared Thursday that America broke the jihadist siege of Iraq's Mount Sinjar, where thousands of civilians were trapped, but said air strikes against the militants will go on. The UN refugee agency had said tens of thousands of
Published 15 Aug, 2014 12:00am
Burning of Quaid's residency: gang of terrorists arrested: ISPR

Burning of Quaid's residency: gang of terrorists arrested: ISPR

Pakistan military claimed on Thursday that army arrested a gang of terrorists who was responsible for burning the Ziarat Residency (Balochistan). In a twit, Director General ISPR, Major-General Asim Bajwa stated, "Terrorists' gang, which burnt Ziarat Resi
Published 15 Aug, 2014 12:00am
Burning of Quaid's residency: gang of terrorists arrested: ISPR

Burning of Quaid's residency: gang of terrorists arrested: ISPR

Pakistan military claimed on Thursday that army arrested a gang of terrorists who was responsible for burning the Ziarat Residency (Balochistan). In a twit, Director General ISPR, Major-General Asim Bajwa stated, "Terrorists' gang, which burnt Ziarat Resi
Published 15 Aug, 2014 12:00am
Technocrat government: Khursheed condemns PTI chief

Technocrat government: Khursheed condemns PTI chief

Opposition leader in the National Assembly and Pakistan People's Party stalwart Syed Khurshid Thursday said that Imran Khan's demand of technocrat government was condemnable and extra constitutional. Talking to media on Thursday, he said: finally the cat
Published 15 Aug, 2014 12:00am
Jailed Indian tycoon gets more time to sell luxury hotels

Jailed Indian tycoon gets more time to sell luxury hotels

India's Supreme Court on Thursday gave jailed tycoon Subrata Roy extra time to negotiate the sale of three luxury foreign hotels to raise $1.6-billion bail after his lawyers said a deal was near. The court gave the founder of the Sahara media-to-finance e
Published 15 Aug, 2014 12:00am
US reporter vows to 'keep fighting' to protect source

US reporter vows to 'keep fighting' to protect source

A New York Times journalist vowed Thursday to "keep fighting" to protect his source in a leak investigation, as supporters announced 100,000 people signed a petition in his defence. Reporter James Risen, who faces jail for refusing to reveal his source fo
Published 15 Aug, 2014 12:00am
Still 4,000-5,000 Yazidis on Iraq mountain: Pentagon

Still 4,000-5,000 Yazidis on Iraq mountain: Pentagon

There are still 4,000 to 5,000 Yazidi refugees sheltering on Mount Sinjar in northern Iraq, the Pentagon said Thursday, after President Barack Obama said the siege of the range had been broken. Pentagon spokesman Rear Admiral John Kirby said US special fo
Published 15 Aug, 2014 12:00am
White House in the dark over arms supplies to Israel: report

White House in the dark over arms supplies to Israel: report

Israel secured supplies of ammunition from the Pentagon last month without the approval of the White House or the State Department, The Wall Street Journal reported Thursday. President Barack Obama's administration, caught off guard as it tried to restrai
Published 15 Aug, 2014 12:00am
Punjab government imposes Section 144

Punjab government imposes Section 144

Punjab government has imposed section 144 throughout the province until August 18. According to the notification from the Home department of the Punjab government, no one would be permitted to get assemble in a number exceeding four. However, those having
Published 15 Aug, 2014 12:00am
Prime Minister's resignation out of question: Shahbaz

Prime Minister's resignation out of question: Shahbaz

Punjab Chief Minister Shahbaz Sharif categorically ruled out the resignation of Prime Minister Nawaz Sharif over alleged election rigging. Reacting to Imran Khan's demand on Thursday, the chief minister said that Pakistan needed stability, not anarchy at
Published 15 Aug, 2014 12:00am
Pope kicks off South Korea visit, North fires rockets

Pope kicks off South Korea visit, North fires rockets

Pope Francis called for an end to "displays of force" on the divided Korean peninsula Thursday, as North Korea marked his arrival in Seoul for a five-day visit by firing short-range rockets into the sea. In a speech to South Korean President Park Geun-Hye
Published 15 Aug, 2014 12:00am
EU moves to protect food producers hit by Russian embargo

EU moves to protect food producers hit by Russian embargo

The European Commission said Thursday it would take exceptional measures to support growers in the EU affected by Russia's ban on Western food products The Russian embargo, announced earlier this month, came in retaliation to US and European sanctions ove
Published 15 Aug, 2014 12:00am
French finance minister adrift on sea of broken promises

French finance minister adrift on sea of broken promises

Photos of France's portly finance minister rowing a tiny boat on holiday circulated social media on Thursday - emblematic of a French economic ship for which, under the current government, prosperity is always beyond the horizon. "Look, he's not sinking.
Published 15 Aug, 2014 12:00am
True 'Azadi March' here in Ziarat: Nawaz

True 'Azadi March' here in Ziarat: Nawaz

Prime Minister Muhammad Nawaz Sharif on Thursday called for an end to negative politics and subversion in the country and urged the parties holding Azadi March or Inqilab March to better work for the national development. "The country cannot afford any mo
Published 15 Aug, 2014 12:00am
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