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Nov 08, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-10-02
Djokovic, Sharapova win in China, as Wozniacki falls

Djokovic, Sharapova win in China, as Wozniacki falls

Novak Djokovic continued his 100 percent record at the China Open Wednesday as he overcame late resistance from Vasek Pospisil, while Maria Sharapova also won but Caroline Wozniacki crashed out. The number one seed in Beijing was playing at his dominating
Published 02 Oct, 2014 12:00am
India, Pakistan end 32-year wait for hockey final

India, Pakistan end 32-year wait for hockey final

Arch-rivals India and Pakistan face off in a mouth-watering field hockey final at the Asian Games on Thursday with a place in the 2016 Olympics at stake. Millions of fans in both nations will be glued to their television screens for the title clash which
Published 02 Oct, 2014 12:00am
UN worker dies of suspected Ebola in Liberia

UN worker dies of suspected Ebola in Liberia

The United Nations mission in Liberia announced on Wednesday the first suspected victim among its employees of the deadly Ebola epidemic ravaging the impoverished west African nation. Karin Landgren, head of UNMIL, told reporters in the capital Monrovia t
Published 02 Oct, 2014 12:00am
Ten killed in Ukraine's Donetsk on back-to-school day

Ten killed in Ukraine's Donetsk on back-to-school day

Ukraine's largest rebel-controlled city of Donetsk was shaken by violence Wednesday as 10 people were killed, some of them teachers and parents showing up for the first day of school. Terrified children were forced to shelter in the basement as the shelli
Published 02 Oct, 2014 12:00am
First US child dies from enterovirus D68

First US child dies from enterovirus D68

A child in the north-eastern US state of Rhode Island has become the first to die from an ongoing outbreak of a respiratory virus, enterovirus D68, health officials said Wednesday. The child died from an unusual combination of enterovirus D68 - which has
Published 02 Oct, 2014 12:00am
Baghdad suicide car bombing kills at least 14

Baghdad suicide car bombing kills at least 14

A suicide car bomb blast ripped through a busy commercial street in a south-eastern neighbourhood of the Iraqi capital Wednesday, killing at least 14 people, police and medical sources said. The attack occurred shortly after 5:30 pm (1430 GMT) in the Shii
Published 02 Oct, 2014 12:00am
Back off over Hong Kong, China foreign minister tells US

Back off over Hong Kong, China foreign minister tells US

China Wednesday scolded the United States saying pro-democracy protests sweeping Hong Kong were none of its business and brushing off US calls for restraint warning it will not tolerate "illegal acts." "The Chinese government has very firmly and clearly s
Published 02 Oct, 2014 12:00am
New Nato head seeks 'constructive relationship' with Russia

New Nato head seeks 'constructive relationship' with Russia

New Nato chief Jens Stoltenberg said Wednesday Russia must reverse course in Ukraine but stressed the alliance still remains ready to have a constructive relationship with Moscow. Russia's intervention in Ukraine "is a major challenge to Euro-Atlantic sec
Published 02 Oct, 2014 12:00am
First large-scale carbon capture goes online in Canada

First large-scale carbon capture goes online in Canada

The world's first large-scale carbon capture and storage - built into a SaskPower coal-fired power plant in the Canadian prairies - will be inaugurated Thursday. If successful, the Can$1.4 billion ($1.25 billion) pilot project could renew interest in chea
Published 02 Oct, 2014 12:00am
Turkey pushes for more than 'dropping tons of bombs' on IS

Turkey pushes for more than 'dropping tons of bombs' on IS

Turkish President Recep Tayyip Erdogan pressed the West on Wednesday to find a long-term solution to the crises in Syria and Iraq, saying dropping "tons of bombs" on Islamic State militants would only provide temporary respite. Erdogan has pushed for the
Published 02 Oct, 2014 12:00am
School bombing kills 41 children in Syria

School bombing kills 41 children in Syria

At least 41 Syrian children aged under 12 were killed Wednesday in a double bombing by a lone assailant at a school in the government-controlled city of Homs, a monitor said. They were among 48 people who died in the attacks in the Akrameh neighbourhood,
Published 02 Oct, 2014 12:00am
Netanyahu warns Obama: Iran must not be 'threshold nuclear power'

Netanyahu warns Obama: Iran must not be 'threshold nuclear power'

A skeptical Israeli Prime Minister Benjamin Netanyahu on Wednesday directly warned US President Barack Obama not to accept any Iran deal that would allow Tehran to become a "threshold nuclear power." Netanyahu and Obama renewed their often prickly relatio
Published 02 Oct, 2014 12:00am
Japan's 'shinkansen' bullet train marks 50th birthday

Japan's 'shinkansen' bullet train marks 50th birthday

Japan's "shinkansen" train, which led the world in super-fast rail transport technology, celebrated its 50th birthday Wednesday with ceremonies hailing its contribution to the country's post-war economy and its safety record. A sleek, airplane-shaped N700
Published 02 Oct, 2014 12:00am
France to deploy more fighter jets, warship

France to deploy more fighter jets, warship

The French military said Wednesday it would deploy three more fighter jets and a warship to the Middle East to boost support to Iraqi forces fighting Islamic State jihadists. The warplanes will be sent to France's Al Dhafra military base in the United Ara
Published 02 Oct, 2014 12:00am
British jets strike IS jihadists

British jets strike IS jihadists

British fighter jets fired on Islamic State (IS) militants west of Baghdad and in north-west Iraq in two rounds of air strikes Wednesday, the defence ministry in London said. Two Royal Air Force (RAF) Tornado warplanes based in Cyprus fired four Brimstone
Published 02 Oct, 2014 12:00am
Copper rebounds

Copper rebounds

Copper prices rebounded slightly from 3-1/2 month lows on Wednesday but remained vulnerable to dollar strength, concerns about lacklustre demand from top consumer China and unrest in neighbouring Hong Kong. Benchmark copper on the London Metal Exchange (L
Published 02 Oct, 2014 12:00am
Oil falls as bearish trend continues

Oil falls as bearish trend continues

Oil prices fell toward $94 a barrel on Wednesday, continuing a three-month losing stretch as weak economic signals from China and Europe and ample global supply continued to weigh. Brent and US crude found early support from a US government report showing
Published 02 Oct, 2014 12:00am
Rubber down

Rubber down

Benchmark Tokyo rubber futures ended down 3.9 percent on Wednesday after hitting a five-year low earlier in the day, hurt by worries about demand in top consumer China. The benchmark rubber contract on the Tokyo Commodity Exchange (TOCOM) for March delive
Published 02 Oct, 2014 12:00am
Palm oil dips

Palm oil dips

Malaysian palm oil futures dipped on Wednesday as investors turned wary of record supplies of rival oilseeds that could overwhelm global demand and curb appetite for the tropical oil. Palm prices rose 15 percent in September, their biggest monthly gain si
Published 02 Oct, 2014 12:00am
Soya falls on big supply

Soya falls on big supply

US soyabeans fell 1 percent on Tuesday, pressured by a record harvest, as traders shrugged off a US Agriculture Department report that showed domestic supplies shrank to less than a 10-day supply at the beginning of the month. Soyabean futures capped a ne
Published 02 Oct, 2014 12:00am
Cocoa tumbles

Cocoa tumbles

ICE cocoa dropped to a two-week low on Wednesday in the largest single-session loss in nearly two years, following bearish export data and price news from top grower Ivory Coast and reassurances that Ebola was unlikely to spread to the country. Arabica co
Published 02 Oct, 2014 12:00am
Gold tumbles in New York

Gold tumbles in New York

Gold fell to a nine-month low on Tuesday as the dollar surged and commodities led by crude oil tumbled on expectations of further gains in the US currency. Spot gold prices touched their lowest since January 1 at $1,204.40 an ounce. Though gold managed to
Published 02 Oct, 2014 12:00am
Gold struggles in Asia

Gold struggles in Asia

Gold extended losses on Wednesday to trade near a nine-month low and looked likely to break below the key $1,200-an-ounce level, clobbered by a stronger dollar and lack of support from top buyer China. Spot gold slipped 0.2 percent to $1,205.90 an ounce b
Published 02 Oct, 2014 12:00am
Gold languishes, platinum hits five-year low in London

Gold languishes, platinum hits five-year low in London

Gold rebounded from the previous session's nine-month lows on Wednesday as the dollar index pulled back from early highs in the wake of US jobs data, taking pressure off precious metals. Strength in the US currency on expectations the Federal Reserve is s
Published 02 Oct, 2014 12:00am
US MIDDAY: corn and soya rebound

US MIDDAY: corn and soya rebound

US corn and soyabeans edged narrowly higher on Wednesday as investors covered short positions after prices fell to multiyear lows earlier in the session and while rains stalled record harvests in the Midwestern crop belt. Wheat futures also were higher, s
Published 02 Oct, 2014 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold rose early on Wednesday, rebounding from the previous day's nine-month low near $1,200 an ounce, as disappointing US factory data sparked a selloff on Wall Street and prompted investors to seek a safe haven in the yellow metal. Also underpinning bull
Published 02 Oct, 2014 12:00am
PTCL joins hands with Ten Sports Network

PTCL joins hands with Ten Sports Network

Pakistan Telecommunication Company Limited (PTCL) has joined hands with Ten Sports Network to provide high-quality on-demand sports content for customers in Pakistan. The partnership will enable PTCL customers to access sports content through Video on Dem
Published 02 Oct, 2014 12:00am
AGP unearths corrupt practices in FBR, field offices

AGP unearths corrupt practices in FBR, field offices

Auditor General of Pakistan (AGP) has unearthed misuse of vehicles in the Federal Board of Revenue (FBR) and its field offices and termed the act of corruption in violation of staff car rules and monetisation policy. Sources told Business Recorder
Published 02 Oct, 2014 12:00am
IESCO notice

IESCO notice

According to IESCO spokesman, due to electricity maintenance/development work power supply of the following feeders would remain suspended as under:- On October 2 from 08:30am to 11:30am, Service Road Feeder, on October 3 from 08:30am to 11:30am, Khanna F
Published 02 Oct, 2014 12:00am
Khursheed's statement on mid-term polls receives mixed reaction

Khursheed's statement on mid-term polls receives mixed reaction

Political parties are urging the government to find a constitutional solution to the political impasse created by sit-ins of Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT). Khursheed Shah, Leader of the Opposition in the National Assembly
Published 02 Oct, 2014 12:00am
ANF foils bids to smuggle drugs

ANF foils bids to smuggle drugs

Anti-Narcotics Force (ANF) foiled several bids to smuggle drugs by carrying out three successful operations at Sialkot, Peshawar and Karachi, and recovered 10-kg heroin, 1.05-kg Charas and 650 grams amphetamine, while apprehended four persons.
Published 02 Oct, 2014 12:00am
Gul Ahmed Textile Mills Limited

Gul Ahmed Textile Mills Limited

Gul Ahmed Textile Mills Limited (GATM) is one of the prominent vertically-integrated composite textile companies in Pakistan that was listed at Karachi stock exchange in 1970. The firm is involved in the business of textile spinning, weaving, processing,
Published 02 Oct, 2014 12:00am
Gul Ahmed Textile Mills Limited

Gul Ahmed Textile Mills Limited

Gul Ahmed Textile Mills Limited (GATM) is one of the prominent vertically-integrated composite textile companies in Pakistan that was listed at Karachi stock exchange in 1970. The firm is involved in the business of textile spinning, weaving, processing,
Published 02 Oct, 2014 12:00am
78 alleged criminals held in Karachi

78 alleged criminals held in Karachi

The city police on Tuesday claimed to have arrested around 78 alleged criminals in different targeted raids and encounters conducted at various parts of the provincial metropolis during last 24 hours. The police said that their 106 raids and four encounte
Published 02 Oct, 2014 12:00am
SECP approves renewal of service contract of ISE MD

SECP approves renewal of service contract of ISE MD

Securities & Exchange Commission of Pakistan (SECP) has approved renewal of service contract of Mian Ayyaz Afzal, Managing Director, Islamabad Stock Exchange Limited (ISE). The ISE Board of Directors in its recent meeting had approved the renewal of the c
Published 02 Oct, 2014 12:00am
ASWJ's sit-in causes worst gridlock in city

ASWJ's sit-in causes worst gridlock in city

The city witnessed worst gridlocks on Wednesday due to a protest sit-in staged by Ahl-e Sunnat Wal Jamaat (ASWJ) at Guru Mandir against the alleged extra-judicial killings and forced disappearance of its activists.
Published 02 Oct, 2014 12:00am
SHC restrains DUHS vice chancellor from taking major decisions

SHC restrains DUHS vice chancellor from taking major decisions

The Sindh High Court (SHC) on Wednesday restrained the vice chancellor of the Dow University of Health Sciences (DUHS) from taking any major decision regarding affairs of the university. A division bench headed by Justice Hasan Azhar Rizvi issued notices
Published 02 Oct, 2014 12:00am
0.35 million children administered polio drops in Central

0.35 million children administered polio drops in Central

Some 0.35 million children were administered polio drops during a three-day National Immunisation campaign in the city's District Central, official said. Deputy Commissioner district Central Dr Syed Saifur Rehman, said that campaign was successfully carri
Published 02 Oct, 2014 12:00am
Row over revenue adjustment hits LTU's September target

Row over revenue adjustment hits LTU's September target

A tug of war between customs department and Large Taxpayers Unit (LTU), Karachi, over revenue adjustment is going to be intensified, as the latter remains feckless to achieve September's revenue target, it was learnt on Wednesday. According to sources, th
Published 02 Oct, 2014 12:00am
ABL stands out following fire at PTCL Exchange

ABL stands out following fire at PTCL Exchange

Fire erupting at PTCL exchange at Egerton Road Lahore, the other day, paralysed business operations in almost all sectors including banks, mobile phone companies, stock exchange, airlines, railways, help-lines of different organisations, education sector
Published 02 Oct, 2014 12:00am
Sindh NAB arrests man accused of cheating people

Sindh NAB arrests man accused of cheating people

The National Accountability Bureau (NAB) of Sindh has arrested Rafiq Abdul Kareem, son of Haji Usman, in the case of cheating public at large for an amount of Rs 14.44 million. The accused was acting as front man for his brother Skiandar A. Kareem, who is
Published 02 Oct, 2014 12:00am
Call for adopting healthy lifestyle to cope with stress

Call for adopting healthy lifestyle to cope with stress

Psychiatrists and experts at a workshop have said that the quest for material gains, yawning social disparities and a prolonged status quo-like situation is creating unwanted stress in every individual's life that could be overcome with a healthy lifestyl
Published 02 Oct, 2014 12:00am
Police planning to purge city of illegal arms

Police planning to purge city of illegal arms

Inspector General Police (IGP) Sindh, Ghulam Haider Jamali has said that the department is striving hard to ensure lasting peace in the city, adding that a plan to purge the city of arms is being prepared. Speaking at a meeting of Korangi Association of T
Published 02 Oct, 2014 12:00am
'Mastermind' of attack had been dismissed from navy

'Mastermind' of attack had been dismissed from navy

Months after Owais Jakhrani was sacked from the Pakistan navy for radical views, he led an audacious mission to take over a warship and turn its guns on a US naval vessel in the open seas. The early September dawn raid at a naval base in Karachi was thwar
Published 02 Oct, 2014 12:00am
Seminar on 'Prevention of Iatrogenic Fistula' organised

Seminar on 'Prevention of Iatrogenic Fistula' organised

Department of Obstetrics and Gynecology Isra University Hospital and UNFPA jointly organised a one-day seminar & workshop on "Prevention of Iatrogenic Fistula". Urogenital fistula is one of the major health problems of developing countries. It is an abnor
Published 02 Oct, 2014 12:00am
PDMEA elects body for 2014-15

PDMEA elects body for 2014-15

Pakistan Denim Manufacturers and Exporters Association (PDMEA) elected unopposed all its office-bearers and executive committee members for 2014-15. Shoaib Majeed of Mekotex (Pvt) Ltd has been elected Chairman and Treasurer, Ahmed Humayun Sheikh of Azgard
Published 02 Oct, 2014 12:00am
PTI to hold 'referendum' in Karachi

PTI to hold 'referendum' in Karachi

Following the Islamabad sit-ins, the Pakistan Tehreek-e-Insaf (PTI) is to hold a 'referendum' against the government in Karachi after Eid ul Azha which would be associated with its 'Go Nawaz Go' campaign. Speaking at a press conference at the Karachi Pres
Published 02 Oct, 2014 12:00am
Mumtaz Bhutto quits PML-N

Mumtaz Bhutto quits PML-N

Senior politician Mumtaz Ali Bhutto on Wednesday parted his ways from Pakistan Muslim League-Nawaz (PML-N). Talking to media persons, Bhutto said that he has convened a meeting of central committee of Sindh National Front (SNF) to take a decision about hi
Published 02 Oct, 2014 12:00am
Government intends to borrow Rs 1.4 trillion in Q2FY15

Government intends to borrow Rs 1.4 trillion in Q2FY15

The federal government intends to borrow a healthy amount from the banking sector during the second quarter of current fiscal year 2014-15 (FY15) to meet it financial needs. The federal government has set a tentative borrowing target of Rs 1.4 trillion fo
Published 02 Oct, 2014 12:00am
Government intends to borrow Rs 1.4 trillion in Q2FY15

Government intends to borrow Rs 1.4 trillion in Q2FY15

The federal government intends to borrow a healthy amount from the banking sector during the second quarter of current fiscal year 2014-15 (FY15) to meet it financial needs. The federal government has set a tentative borrowing target of Rs 1.4 trillion fo
Published 02 Oct, 2014 12:00am
Two alleged kidnappers killed in police encounter

Two alleged kidnappers killed in police encounter

A joint team of Citizens-Police Liaison Committee (CPLC), Anti-Violent Crime Cell (AVCC) and Rangers on Wednesday killed two alleged kidnappers in a raid conducted in Malir's Tariq Bin Zaid Society. Three policemen also sustained injuries in the raid when
Published 02 Oct, 2014 12:00am
Peaceful environment necessary for economic growth: Khuhro

Peaceful environment necessary for economic growth: Khuhro

Senior Minister for Education Sindh, Nisar Ahmed Khuhro, has said that peaceful and conducive environment is a must for economic growth of the country. Speaking at the annual dinner of Korangi Association of Trade and Industry (KATI), he blamed the freque
Published 02 Oct, 2014 12:00am
PHD scoops 'Media Network of the Year' at Spikes Asia

PHD scoops 'Media Network of the Year' at Spikes Asia

PHD triumphed at APAC's biggest awards show -Spikes Asia 2014 recently, taking home the top honour of 'Media Network of the Year'. The coveted accolade was thanks to having the strongest awards showing at the Spikes Asia festival, which included two gold'
Published 02 Oct, 2014 12:00am
Widow demands arrest of husband's killers

Widow demands arrest of husband's killers

A bereaved widow of slain Pir Muhammad hailing from Risalpur district Nowshera demanded the provincial government and police high ups to provide protection, arrest the killers of her husband, who was a member of reconciliatory committee in the district.
Published 02 Oct, 2014 12:00am
US envoy meets Prime Minister

US envoy meets Prime Minister

The US Ambassador to Pakistan, Richard G Olson called on Prime Minister Nawaz Sharif here at the PM's House on Wednesday and conveyed greetings and good wishes of the American leadership to him. The matters of the common interest also came under discussio
Published 02 Oct, 2014 12:00am
Qadri says will visit cities after Eid to spread Inqilab's message

Qadri says will visit cities after Eid to spread Inqilab's message

Pakistan Awami Tehreek (PAT) chief Dr Tahir-ul-Qadri on Wednesday announced that soon after Eid-ul-Azha he would be visiting every city of the country to spread the message of 'Revolution March' in every nook and corner of the country to get rid of the in
Published 02 Oct, 2014 12:00am
NAB to probe three cases

NAB to probe three cases

The executive board of National Accountability Bureau (NAB) authorised three investigations during its meeting held here on Wednesday. NAB Chairman Qamar Zaman Chaudhry presided the executive board meeting. The first investigation was authorized against A
Published 02 Oct, 2014 12:00am
'Dar-Qadri duel': MoF's response

'Dar-Qadri duel': MoF's response

This is with reference to an article "Dar-Qadri Duel" carried by Business Recorder on 22nd September, 2014. As stated in the article, according to Dr Tahirul Qadri, the current government inherited 6.5 trillion rupees total public debt and raised i
Published 02 Oct, 2014 12:00am
Architectural history in tiny Tokyo capsules

Architectural history in tiny Tokyo capsules

Every night in Tokyo, the few remaining residents of the Nakagin Capsule Tower bed down to sleep in the once-futuristic white pods they call home. Unlike the tiny, coffin-like cabins of Japan's numerous capsule hotels, where office workers who have missed
Published 02 Oct, 2014 12:00am
Financial market storm brewing as 2014 winds down

Financial market storm brewing as 2014 winds down

After a year in which world markets have sailed effortlessly through wars, invasions and geopolitical ferment, a storm of their own making may well be brewing. Investors have mostly held their nerve as headlines lurched from a new 'Cold War' in eastern Eu
Published 02 Oct, 2014 12:00am
VIEWPOINT: Legitimacy is the real issue

VIEWPOINT: Legitimacy is the real issue

It's been almost seven weeks since PTI Chairman Imran Khan started a sit-in in Islamabad to seek redress for his complaints against alleged electoral fraud. The government so far remains sanguine after getting other political parties support in a joint pa
Published 02 Oct, 2014 12:00am
An undesirable option

An undesirable option

Participating in the annual general conference of the world's nuclear watchdog, IAEA, Chairman of Pakistan Atomic Energy Commission (PAEC) informed the agency that this country needs to build more nuclear power plants to overcome its severe energy crisis.
Published 02 Oct, 2014 12:00am
Increasing frailty of economy

Increasing frailty of economy

Federal Finance Minister Ishaq Dar, while addressing Pakistan Air Force officials at Pakistan Air Headquarters reiterated the non-partisan mantra that trade not aid is the government's guiding principle. It is extremely unfortunate that State Bank of Paki
Published 02 Oct, 2014 12:00am
Career orientation workshop organised

Career orientation workshop organised

A three-day "Career Orientation Workshop" was organized jointly by The University of Agriculture, Peshawar and IM-Sciences, Peshawar with the help of Higher Education Commission, Islamabad under Pak-USAID Merit & Needs Based Scholarship Program at IM-Scie
Published 02 Oct, 2014 12:00am
'LCCI ready to give required boost to economic activities'

'LCCI ready to give required boost to economic activities'

The LCCI President Ejaz A Mumtaz in a statement on Wednesday said that the chamber is ready to give required boost to economic activities that are a prerequisite to expedite local investment and attract foreign investors. He said that institutional fragil
Published 02 Oct, 2014 12:00am
Polio team attacked in RYK

Polio team attacked in RYK

A polio team was attacked on Wednesday in the Khanpur area of Rahimyar Khan. Police arrived at the scene and arrested a school teacher, identified as Ashraf, who reportedly led the attack. The polio team halted immunisation activities in the area followin
Published 02 Oct, 2014 12:00am
GCU students visit military units

GCU students visit military units

A group of 84 students from Government College University (GCU), Lahore visited various military units and formations of Pakistan Army at Lahore Garrison. The programme was specifically organised to enlighten students on routine functioning of Pakistan Ar
Published 02 Oct, 2014 12:00am
Anees Motiwala elected APTPMA Chairman

Anees Motiwala elected APTPMA Chairman

On the conclusion of annual elections for 2014-15 of the All Pakistan Textile Processing Mills Association (APTPMA), Anees Ahmed Motiwala of M/s Motiwala Industries, Karachi, was elected Chairman, and Idrees Ahmed of M/s Rashid Textile Printing Industries
Published 02 Oct, 2014 12:00am
Engineer Arshad Dad elected new CAP chief

Engineer Arshad Dad elected new CAP chief

Constructors Association of Pakistan (CAP) members have elected Engr Arshad Dad as Chairman CAP for the term 2014-2015 at its Annual General Meeting (AGM) recently held in Lahore. Engr Arshad Dad has served CAP previously as Vice-Chairman Islamabad Region
Published 02 Oct, 2014 12:00am
US officials meet KP chief minister

US officials meet KP chief minister

The newly designated US Consul General in Peshawar, Jon F. Danilowiez and USAID Deputy Mission Director Gregorey F. Huger along with concerned officials called the KP Chief Minister Pervez Khattak at CM Secretariat Peshawar here on Wednesday. The US diplo
Published 02 Oct, 2014 12:00am
Punjab government approves projects worth over Rs 9,581 million

Punjab government approves projects worth over Rs 9,581 million

The Punjab government on Wednesday approved sixteen development schemes of various sectors with an estimated cost of Rs 9581.101 million, including Replacement of Pumping Machinery at Inline Booster Pump Station & Terminal Reservoir in Faisalabad at the c
Published 02 Oct, 2014 12:00am
11th Environment Excellence Award: 70 organisations honoured

11th Environment Excellence Award: 70 organisations honoured

On following environmental standards and national environmental quality standards, investment in environment protection 70 corporate organisations awarded environment excellence award 2014. A colourful ceremony held at local hotel and governor Punjab Chau
Published 02 Oct, 2014 12:00am
Paapam elects new office-bearers

Paapam elects new office-bearers

M Siddique Misri, Mumshad Ali and Iftikhar Ahmed have been elected as Chairman, Senior Vice Chairman and Vice Chairman of the Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam), respectively, for the year 2014-15.
Published 02 Oct, 2014 12:00am
Demand for Prime Minister's resignation unconstitutional: QWP

Demand for Prime Minister's resignation unconstitutional: QWP

Qaumi Watan Party (QWP) Central Chairman Aftab Ahmad Khan Sherpao said that demand for resignation, or leave from the Prime Minister were unconstitutional and out of logic, adding that a proper procedure to unseat the premier. "We supported the prime mini
Published 02 Oct, 2014 12:00am
Crackdown against illegal bus stands after Eid

Crackdown against illegal bus stands after Eid

The special committee constituted by the district administration for the abolition of illegal bus stands from the city evolved strategy and after Eidul Azha a massive crackdown will be launched against them. The committee was established after the issuanc
Published 02 Oct, 2014 12:00am
Traffic helpline service launched

Traffic helpline service launched

The Peshawar traffic police launched "Traffic Helpline Service" which will perform duty round the clock. SSP Traffic Wahid Mehmood formally inaugurated the service by dialling the number 1915. In case of traffic blockade or traffic diversion, person shoul
Published 02 Oct, 2014 12:00am
Finding sacrificial animals at reasonable price becomes an uphill task

Finding sacrificial animals at reasonable price becomes an uphill task

The Bakra Mandi of Rawalpindi/Islamabad and at other notable markets are packed with herds of goats, sheep and cows but due to the high prices people face difficulty in purchasing sacrificial animals, a survey carried out by Business Recorder revea
Published 02 Oct, 2014 12:00am
Over 10,000 measles cases in flood-hit areas

Over 10,000 measles cases in flood-hit areas

Some 21 special teams of Extended Programme for Immunisation (EPI) have treated 10,026 cases of measles in flood-hit areas of the district so far by covering 147 cases on Wednesday. An official source of Health told this news agency on Wednesday that as m
Published 02 Oct, 2014 12:00am
Indonesia confers highest military awards on Sandila

Indonesia confers highest military awards on Sandila

Government of the Republic of Indonesia has conferred the highest Military Awards of "Bintang Jalasena Utama and Bintang Yudha Dharma Utama" to Admiral Mohammad Asif Sandila, Chief of Naval Staff of the Pakistan Navy, in recognition of his meritorious ser
Published 02 Oct, 2014 12:00am
KP government holds moot on international development partners

KP government holds moot on international development partners

The government of Khyber Pakhtunkhwa on Wednesday organised a high level moot of development partners to assess the progress on development initiatives and work towards future plans for carrying out development projects in partnership with international d
Published 02 Oct, 2014 12:00am
CNG stations to open during Eid holidays: APCNGA

CNG stations to open during Eid holidays: APCNGA

The All Pakistan CNG Association (APCNGA) on Wednesday said Compressed Natural Gas (CNG) would be available across the country for 24 hours during Eid-ul-Azha holidays. All Pakistan CNG Association (APCNGA) Chairman Gayyas Paracha told APP that detailed s
Published 02 Oct, 2014 12:00am
Javed Hashmi resigns as PTI president, member

Javed Hashmi resigns as PTI president, member

Senior politician Javed Hashmi on Wednesday announced his resignation from the party's presidency and its basic membership. Hashmi announced his decision during a news conference held at his Multan residence. Hashmi said he had resigned due to PTI Chairma
Published 02 Oct, 2014 12:00am
September CPI inflation up 7.68 percent YoY

September CPI inflation up 7.68 percent YoY

The Consumer Price Index (CPI) inflation increased by 7.68 percent during September 2014 as compared to the same period last year, Pakistan Bureau of Statistics (PBS) revealed. Member, National Accounts, Field Services, PSLM, Prices and Trade, Arif Mehmoo
Published 02 Oct, 2014 12:00am
Pak-Russia IGC meeting's modalities discussed

Pak-Russia IGC meeting's modalities discussed

Ambassador of Russian Federation, Alexey Dedov and other officials from the Russian Embassy called on Finance Minister Ishaq Dar Wednesday and discussed modalities about the Pak-Russia Inter Governmental Commission (IGC) meeting. Dedov said it was importa
Published 02 Oct, 2014 12:00am
Mushahid proposes three-point plan for peace on Siachen

Mushahid proposes three-point plan for peace on Siachen

Chairman, Senate Defence Committee, Mushahid Hussain, who returned from a visit to Siachen with members of his Committee, has said that time has come for both Pakistan and India to treat Siachen as an issue of human security and protecting the environment
Published 02 Oct, 2014 12:00am
Business Recorder's senior reporter robbed

Business Recorder's senior reporter robbed

Two unknown armed men snatched Rs 20,000 and mobile phone from Nayyar Zuberi, senior reporter Business Recorder, on gun point, here late Wednesday night. As per details, Zuberi withdrew Rs 20,000 from ATM of MCB bank's branch at Safoora Chowrangi a
Published 02 Oct, 2014 12:00am
DCO reviews polio drive

DCO reviews polio drive

DCO Lahore Captain Muhammad Usman (Retd) visited Sanda Road in the provincial capital to monitor anti-polio campaign on Wednesday. He, along with the officials of health department and Data Gunj Bukhsh Town, checked the performance of polio teams on the l
Published 02 Oct, 2014 12:00am
Shahbaz distributes Rs 25,000 to each of flood victims

Shahbaz distributes Rs 25,000 to each of flood victims

Punjab Chief Minister Muhammad Shahbaz Sharif visited flood-hit areas of tehsil Pindi Bhattian of Hafizabad, Shahpur of Sargodha, tehsil Phalia of Mandi Bahauddin, tehsil Wazirabad of Gujranwala and tehsil Sambrial of Sialkot for 10 hours. He also reviewe
Published 02 Oct, 2014 12:00am
JI Ameer's mother in law passes away

JI Ameer's mother in law passes away

The mother in Law of the Ameer, Jamaat e Islami, Pakistan, Siraj-ul-Haq, breathed her last in Dir Wednesday morning. She was laid to rest at the ancestral graveyard in the afternoon. Meanwhile, JI leaders have expressed deep grief over the demise of the l
Published 02 Oct, 2014 12:00am
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