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Dec 04, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-10-16
US budget deficit shrinks to lowest level since 2008

US budget deficit shrinks to lowest level since 2008

The US government's budget deficit for fiscal year 2014 shrank to its lowest level in six years as tax revenues rose amid a growing economy, the Treasury Department said Wednesday. The deficit stood at $483 billion in the year that ended September 30, a d
Published 16 Oct, 2014 12:00am
Middle East markets decline further as global gloom persists

Middle East markets decline further as global gloom persists

Most stock markets in the Middle East continued to decline on Wednesday as global equities remained under pressure and disappointing quarterly earnings and forecasts weighed on bourses in Oman and Kuwait. While selling of Gulf stocks in previous days was
Published 16 Oct, 2014 12:00am
Tokyo stocks soar

Tokyo stocks soar

Tokyo stocks closed 0.92 percent higher on Wednesday, recovering slightly after five days of losses on bargain hunting and thanks to a weaker yen. The Nikkei 225 index at the Tokyo Stock Exchange, which sank to a two-month low on Tuesday, gained 137.01 po
Published 16 Oct, 2014 12:00am
S&P, Nasdaq break three-day slide but Dow dips

S&P, Nasdaq break three-day slide but Dow dips

The S&P 500 and Nasdaq ended up slightly on Tuesday, breaking a three-day string of declines that marked their worst losses since 2011, while the Dow finished lower for a fourth session on lingering worries about global demand. While the S&P closed in pos
Published 16 Oct, 2014 12:00am
Australian shares higher

Australian shares higher

Australian shares lifted 0.7 percent on Tuesday, as stronger consumer sentiment underpinned shares in the recently battered banking and mining stocks, though weakness in energy shares capped broader gains. The S&P/ASX 200 index added 38.2 points to 5,245.
Published 16 Oct, 2014 12:00am
Taiwan stocks fall

Taiwan stocks fall

Taiwan stocks fell 0.88 percent on Wednesday amid continued heavy selling by foreign investors. As of 0157 GMT, the main TAIEX index fell 77.51 points to 8,690.88, trailing other regional and global bourses, after closing up 0.65 percent on Tuesday. For t
Published 16 Oct, 2014 12:00am
Treasuries prices jump

Treasuries prices jump

US Treasuries prices jumped on Tuesday in a rally driven by anxieties about a slowing global economy that knocked 30-year bond yields below 3 percent for the first time since May 2013. Investors who had bet on rising US interest rates scrambled to cover s
Published 16 Oct, 2014 12:00am
Treasuries prices jump

Treasuries prices jump

US Treasuries prices jumped on Tuesday in a rally driven by anxieties about a slowing global economy that knocked 30-year bond yields below 3 percent for the first time since May 2013. Investors who had bet on rising US interest rates scrambled to cover s
Published 16 Oct, 2014 12:00am
Hong Kong, Shanghai stocks up

Hong Kong, Shanghai stocks up

Shares in Hong Kong and Shanghai rose on Wednesday as data showing Chinese inflation easing raised hopes the mainland government will introduce economy-boosting measures. The Hang Seng Index in Hong Kong added 0.40 percent, or 92.08 points, to close at 23
Published 16 Oct, 2014 12:00am
European stocks suffer biggest one-day slide since 2011

European stocks suffer biggest one-day slide since 2011

A sell-off in European stocks accelerated on Wednesday, with a key index suffering its biggest one-day slide in nearly three years as investors slashed exposure to risky assets on mounting worries about global growth. The slump represented a wipe-off in m
Published 16 Oct, 2014 12:00am
South African stocks fall two percent

South African stocks fall two percent

South African stocks lost more than two percent on Wednesday as worries that weaker global economic growth will sap demand for commodities hit companies like Assore and Sasol. The JSE Top-40 index dropped 2.19 percent to 41,572, a level last seen in the m
Published 16 Oct, 2014 12:00am
Sri Lankan stocks stay up

Sri Lankan stocks stay up

Sri Lankan stocks gained for a second straight session on Wednesday, recovering from a near four-week closing low hit early this week, as banks rose in thin volume. However, stock brokers expect volatility in the near future amid worries about early presi
Published 16 Oct, 2014 12:00am
Southeast Asian markets mostly rangebound

Southeast Asian markets mostly rangebound

Indonesian stocks rose for a second session on Wednesday as gains in selected large caps overshadowed losses in shares of coal miners while most others in Southeast Asia ended flat to weaker amid persisting concerns about the global economy. Indonesia's m
Published 16 Oct, 2014 12:00am
FTSE posts biggest one-day drop in 16 months

FTSE posts biggest one-day drop in 16 months

Britain's top share index hit a 15-month low on Wednesday, with cyclical sectors such as commodities and banks falling on concerns about the global economy and drugmakers slipping on AbbVie's decision to reconsider its takeover bid for Shire. The bluechip
Published 16 Oct, 2014 12:00am
Euro under pressure in Asia

Euro under pressure in Asia

The euro wallowed on Wednesday after disappointing data out of Europe knocked the single currency, lifting the dollar index to a one-week high. Adding to the gloom, China's inflation rate slowed more than expected in September to a near five-year low, hei
Published 16 Oct, 2014 12:00am
Canadian dollar, crown tumble in London

Canadian dollar, crown tumble in London

The Canadian dollar fell to a five-year low and Norway's crown slid to a four-year trough against the US dollar on Wednesday as investors fled the currencies of economies that are grappling with a drop in energy prices. The Norwegian crown, which tends to
Published 16 Oct, 2014 12:00am
Early trade in New York: dollar plunges versus euro, yen

Early trade in New York: dollar plunges versus euro, yen

The US dollar hit a three-week low against the euro and a more than one-month low against the yen on Wednesday after weak US economic data on retail sales and producer prices heightened concerns that the Federal Reserve would delay its first rate hike. Co
Published 16 Oct, 2014 12:00am
Dollar recovers broadly in New York

Dollar recovers broadly in New York

The US dollar recovered against a basket of major currencies on Tuesday after worrying economic data out of the euro zone and Britain underscored the relative health of the US economy. The dollar reversed Monday's losses against the euro after euro zone i
Published 16 Oct, 2014 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 77.40-77.41 (previous 77.40-77.40). Call Money Rates: 07.00-09.25 percent (* Previous 07.00-09.25 percent). (* revised).
Published 16 Oct, 2014 12:00am
Sri Lankan rupee down

Sri Lankan rupee down

The Sri Lankan rupee ended weaker on Wednesday due to dollar demand from importers and downward pressure on the local currency was expected to continue on foreign selling in government securities, dealers said. The spot currency ended at 130.75/95 per dol
Published 16 Oct, 2014 12:00am
South Korean won gains; Asia FX weak

South Korean won gains; Asia FX weak

South Korea's won turned firmer as the central bank did not provide clear signs of further policy easing after it cut rates on Wednesday, while emerging Asian currencies mostly weakened on worries about a slowing global economy. The Bank of Korea's moneta
Published 16 Oct, 2014 12:00am
Australian and New Zealand dollar unable to keep gains

Australian and New Zealand dollar unable to keep gains

The Australian and New Zealand dollars were unable to keep hard-won gains on Wednesday as global deflation and growth concerns resurfaced, while investors braced for a batch of data out of China. The Australian dollar eased back to $0.8689, from a peak of
Published 16 Oct, 2014 12:00am
Sterling down

Sterling down

Weaker expectations for an early rise in British interest rates sent sterling down against the euro on Wednesday and muted gains against the dollar despite a similar deterioration in the outlook for US rates. US data drove a renewed dollar sell-off on Wed
Published 16 Oct, 2014 12:00am
Honduras draw with USA

Honduras draw with USA

Maynor Figueroa headed home the equaliser in the 86th minute Tuesday to give Honduras a 1-1 draw with the United States in an international football friendly. The 31-year-old Premier League standout for Hull City leaped between US defender Jermaine Jones
Published 16 Oct, 2014 12:00am
Murray keeping emotions in check as race to London tightens

Murray keeping emotions in check as race to London tightens

Andy Murray admitted on Wednesday that he is prepared for all possibilities as the race for the last handful of spots at the World Tour Finals heats up with less than three weeks left in the season. "It (making the eight-man championships in London) is a
Published 16 Oct, 2014 12:00am
Drone stunt at Serbia-Albania soccer match causes diplomatic row

Drone stunt at Serbia-Albania soccer match causes diplomatic row

Serbia summoned the Albanian ambassador on Wednesday to protest at an incendiary flag-flying stunt at an international soccer match that caused a brawl on the pitch and set back hopes for detente between the Balkan neighbours. Tuesday's Serbia-Albania Eur
Published 16 Oct, 2014 12:00am
Never-say-die Irish delighted at Germany draw

Never-say-die Irish delighted at Germany draw

Martin O'Neill praised Ireland's never-say-die spirit after John O'Shea celebrated his 100th cap with a dramatic equaliser to seal a 1-1 draw with Germany in Tuesday's Euro 2016 qualifier. Germany were heading for a 1-0 win in Gelsenkirchen after Toni Kro
Published 16 Oct, 2014 12:00am
Asad Shafiq hits hundred as Australia get good workout

Asad Shafiq hits hundred as Australia get good workout

Asad Shafiq geared up for the upcoming Test series against Australia by hitting a century in a four-day practice match between Pakistan 'A' and the tourists in Sharjah on Wednesday. Skipper Shafiq was unbeaten on 108 and Ehsan Adil not out yet to score as
Published 16 Oct, 2014 12:00am
FIFA hails India's new league

FIFA hails India's new league

The inaugural Indian Super League will help the cricket-mad nation develop a football culture with the ultimate aim of qualifying for the World Cup, a top FIFA official said Wednesday. "India has huge potential. The ISL is helping," the world governing bo
Published 16 Oct, 2014 12:00am
FIFA bans Mongolia boss for corruption

FIFA bans Mongolia boss for corruption

FIFA on Wednesday banned Mongolian football chief Ganbold Buyannemekh for five years for taking bribes to vote for former Qatari official Mohamed bin Hammam in the world body's leadership election. The ban was ordered by the adjudicatory chamber of the FI
Published 16 Oct, 2014 12:00am
Rodriguez goal lifts Colombia over Canada

Rodriguez goal lifts Colombia over Canada

James Rodriguez scored in the 74th minute to give Colombia a 1-0 victory over Canada on Tuesday in an international football friendly. The Real Madrid striker, who was the top goal scorer in this year's World Cup, rescued the South American squad from a s
Published 16 Oct, 2014 12:00am
Waqar hopes Pakistan comes good in Australia Tests

Waqar hopes Pakistan comes good in Australia Tests

Pakistan's head coach Waqar Younis on Wednesday raised hopes his team will fare better in the upcoming Tests against Australia after suffering a 3-0 whitewash in the recent one-dayers. The countries are now preparing for a two-match Test series which star
Published 16 Oct, 2014 12:00am
Scottish nationalists pick Sturgeon to lead fight for independence

Scottish nationalists pick Sturgeon to lead fight for independence

Scottish nationalists cleared the way on Wednesday for Nicola Sturgeon, a prominent figure in the failed campaign for independence in last month's referendum, to become the country's next first minister. Sturgeon will succeed Alex Salmond as leader of the
Published 16 Oct, 2014 12:00am
Georgia warns Russia against 'annexing' its separatist region

Georgia warns Russia against 'annexing' its separatist region

Georgia on Wednesday warned Russia against taking further steps to integrate its separatist region of Abkhazia, saying it would create new security problems in Europe. President Giorgi Margvelashvili issued an "emergency statement" after the leader of the
Published 16 Oct, 2014 12:00am
Dubai isolates traveller from Liberia over Ebola signs

Dubai isolates traveller from Liberia over Ebola signs

Dubai health authorities quarantined Wednesday an air passenger who arrived from Liberia after he showed symptoms of Ebola, in the first suspected infection registered in the Gulf region. The United Arab Emirates health ministry said the man who travelled
Published 16 Oct, 2014 12:00am
Second US Ebola case as concerns mount over air travel

Second US Ebola case as concerns mount over air travel

A second health care worker in Texas tested positive for Ebola, US officials said Wednesday, as concerns mounted world-wide over the possibility that airplane travellers could be exposed to the virus. US President Barack Obama cancelled a campaign trip to
Published 16 Oct, 2014 12:00am
Libya army backs ex-general in new assault on Islamists

Libya army backs ex-general in new assault on Islamists

Libya's army threw its weight behind an ex-general who launched a new assault Wednesday to retake second city Benghazi from Islamist militias who have seized control of large parts of the turmoil-gripped country. The North African nation has been gripped
Published 16 Oct, 2014 12:00am
Michelle Obama rocks out with turnip to promote good eating

Michelle Obama rocks out with turnip to promote good eating

US first lady Michelle Obama - showing she is willing to go the extra mile for her anti-obesity campaign - has busted out a few of her dance moves... with a turnip. In a short video message, Obama holds up a turnip, asks "Turnip - for what?" and then sway
Published 16 Oct, 2014 12:00am
New Yorker cleared after 29 years in jail for murder

New Yorker cleared after 29 years in jail for murder

A New Yorker who was in prison for 29 years for a murder was exonerated Tuesday when a judge determined that his conviction was based on a false confession. David McCallum was 16 years old when he and Willie Stuckey were arrested in 1985 for the October 2
Published 16 Oct, 2014 12:00am
Police brutality video at Hong Kong protest sparks outrage

Police brutality video at Hong Kong protest sparks outrage

Hong Kong police came under fire Wednesday after plainclothes officers were filmed beating and kicking a handcuffed protester during some of the worst clashes since mass pro-democracy rallies erupted over two weeks ago. The city's security chief said the
Published 16 Oct, 2014 12:00am
Catalan parties urge snap election over independence

Catalan parties urge snap election over independence

Opposition parties in Catalonia on Wednesday demanded a snap regional election after pressure from Madrid forced leaders to water down plans for a vote on independence from Spain. The region's conservative president, Artur Mas, said on Tuesday the non-bin
Published 16 Oct, 2014 12:00am
Senior Polish officer suspected of spying for Russia

Senior Polish officer suspected of spying for Russia

Polish security services have detained a high ranking officer on suspicion of spying for a foreign country, the Polish defence ministry said Wednesday, with media reporting the country in question was Russia. "The national defence ministry detained a Poli
Published 16 Oct, 2014 12:00am
Brazilian firms sweeten takeover bid for Chiquita

Brazilian firms sweeten takeover bid for Chiquita

Two Brazilian companies on Wednesday raised their takeover offer for US banana giant Chiquita, in an attempt to woo it away from a merger with Irish fruit producer Fyffes. Cutrale Group, a juice exporter, and investment bank Safra Group said they were off
Published 16 Oct, 2014 12:00am
As Hillary Clinton stumps for Democrats, 2016 looms large

As Hillary Clinton stumps for Democrats, 2016 looms large

Hillary Clinton hits the campaign trail Wednesday to support a Democratic Senate hopeful, one of several events that could offer sneak peeks at her 2016 presidential aspirations. The former secretary of state and presumptive Democratic frontrunner for the
Published 16 Oct, 2014 12:00am
Indians vote in state polls seen as test for Modi

Indians vote in state polls seen as test for Modi

Tens of millions voted in Indian state elections Wednesday in the first major test of Prime Minister Narendra Modi's popularity since he stormed to power in May on a pledge to reform the economy. Five months after Modi's rightwing Bharatiya Janata Party (
Published 16 Oct, 2014 12:00am
Cash-strapped France announces major defence cuts

Cash-strapped France announces major defence cuts

France on Wednesday announced major cuts in defence spending, including the scrapping of an artillery regiment and the loss of 7,500 jobs, as the country battles a ballooning budget deficit. "In 2015, 7,500 jobs will be cut. The defence ministry will take
Published 16 Oct, 2014 12:00am
Thai woman sets herself on fire over debts

Thai woman sets herself on fire over debts

A Thai woman set herself on fire inside a Bangkok government building Wednesday after she was unable to pay off loans of $46,000, officials said, as household debt in Thailand rises to a record high. Sangvean Raksapet, 52, from central Lop Buri province,
Published 16 Oct, 2014 12:00am
WHO deal backs higher tobacco taxes to cut smoking

WHO deal backs higher tobacco taxes to cut smoking

The World Health Organisation on Wednesday adopted guidelines recommending countries bring in higher taxes on cigarettes to help cut smoking rates, a move fiercely opposed by the tobacco industry. Delegates from 179 countries meeting in Moscow signed up t
Published 16 Oct, 2014 12:00am
Natural gas no miracle cure for climate change

Natural gas no miracle cure for climate change

Fracking technology has driven a boom in natural gas that many hope will prompt a switch away from coal use and put the brakes on the rise in Earth-warming carbon dioxide (CO2) emissions. But a study on Wednesday said market forces will undo many of the p
Published 16 Oct, 2014 12:00am
Polls close in closely-fought Mozambique vote

Polls close in closely-fought Mozambique vote

Mozambicans voted Wednesday in a tough electoral test for the ruling Frelimo party, which has run the southern African country since independence from Portugal in 1975. Frelimo is facing growing discontent over a wealth gap that persists despite huge mine
Published 16 Oct, 2014 12:00am
Turkey says only Syrian refugees can cross border to Kobane

Turkey says only Syrian refugees can cross border to Kobane

Turkey on Wednesday said only Syrian refugees would be allowed to cross its border to fight jihadists for the mainly Kurdish Syrian town of Kobane, rejecting calls from the West to fully open the frontier. Prime Minister Ahmet Davutoglu told reporters tha
Published 16 Oct, 2014 12:00am
US air war has a name: 'Operation Inherent Resolve'

US air war has a name: 'Operation Inherent Resolve'

After more than two months of air strikes, American commanders have finally decided on a name for the US-led war against Islamic State jihadists - "Operation Inherent Resolve." The decision was taken "a few days ago" by the chiefs of all the armed service
Published 16 Oct, 2014 12:00am
Battles rage to hold back IS as Obama consults leaders

Battles rage to hold back IS as Obama consults leaders

Kurdish and Iraqi forces fought to hold back advancing jihadists on the Syria-Turkey border and near Baghdad on Wednesday as Washington pushed to rally its allies against the Islamic State group. In the Syrian town of Kobane on the Turkish border, Kurdish
Published 16 Oct, 2014 12:00am
Development work on Rs 1.24 billion Park Enclave Project begins

Development work on Rs 1.24 billion Park Enclave Project begins

The Capital Development Authority (CDA) has started development work on the unique housing project of Park Enclave. In this regard, the contractor of the housing project has mobilised the heavy machinery for construction of internal roads here on Wednesda
Published 16 Oct, 2014 12:00am
UN mission for peace keeping: Dr Imam returns from Sudan

UN mission for peace keeping: Dr Imam returns from Sudan

Dr Syed Kaleem Imam, an exceptional officer of police service of Pakistan and former Inspector General of Police Islamabad having served as Deputy Police Commissioner Operations at United Nation African Hybrid mission at Darfur, Sudan finally returned aft
Published 16 Oct, 2014 12:00am
Two new KP ministers take oath

Two new KP ministers take oath

Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan administered oath of the office of provincial minister to Imtiaz Shahid Qureshi and Muzaffar Said at a ceremony held at Governor's House, Peshawar on Wednesday. KP Chief Minister Pervez Khattak also att
Published 16 Oct, 2014 12:00am
Peace committee volunteer killed

Peace committee volunteer killed

A peace committee volunteer was killed in an attack by armed men at Safi tehsil of Mohmand Agency late Wednesday night. According to details, unknown militants attacked a peace committee check post at Kandaro locality and killed Sajid, a volunteer of a Sa
Published 16 Oct, 2014 12:00am
Dar to chair tax reforms commission meeting on October 18

Dar to chair tax reforms commission meeting on October 18

Federal Minister for Finance, Senator Mohammad Ishaq Dar, will chair the first meeting of the Tax Reforms Commission on October 18 (Saturday). Finance Minister had approved the constitution of the Commission last month with the resolve to facilitating the
Published 16 Oct, 2014 12:00am
Common goals bind Pakistan, US in enduring partnership: Jilani

Common goals bind Pakistan, US in enduring partnership: Jilani

Islamabad's Ambassador to the United States Jalil Abbas Jilani joined a gathering of eminent Pakistani and American personalities to discuss the future of Pakistan-US relations at an event hosted by the Atlantic Council.
Published 16 Oct, 2014 12:00am
Iran warns Pakistan against spread of terrorism, extremism

Iran warns Pakistan against spread of terrorism, extremism

Iranian Parliament Speaker Ali Larijani in a meeting with Chairman of the Pakistani Senate Nayyar Hussain Bukhari in Geneva on Tuesday warned against the spread of terrorism and extremism in the region, saying that terrorists' hit-and-run operations at th
Published 16 Oct, 2014 12:00am
Sanofi-Aventis Pakistan

Sanofi-Aventis Pakistan

Incorporated in 1967 as Hoechst Pakistan Limited, Sanofi-Aventis Pakistan is a distinguished company in the pharmaceutical industry of Pakistan. The company started the manufacturing of pharmaceuticals and chemicals in 1973. Sanofi is also listed on Karac
Published 16 Oct, 2014 12:00am
Sanofi-Aventis Pakistan

Sanofi-Aventis Pakistan

Incorporated in 1967 as Hoechst Pakistan Limited, Sanofi-Aventis Pakistan is a distinguished company in the pharmaceutical industry of Pakistan. The company started the manufacturing of pharmaceuticals and chemicals in 1973. Sanofi is also listed on Karac
Published 16 Oct, 2014 12:00am
Key issues to be discussed at ASEAN Economic Summit on November 12

Key issues to be discussed at ASEAN Economic Summit on November 12

Key issues surrounding the future development of the ASEAN region will be discussed at the inaugural annual ASEAN Economic Summit On November 12 at Singapore where the landmark regional event will bring together policy-makers, economists, CEOs, financiers
Published 16 Oct, 2014 12:00am
ECP de-notifies Dewan Aashiq as MNA

ECP de-notifies Dewan Aashiq as MNA

In pursuant to the judgement dated 29.09.2014 passed by Election Tribunal, Bahawalpur in election petition no.222/2013 titled "Rana Muhammad Qasim Noon vs. Dewan Aashiq Hussain Bukhari and others", the ECP on Wednesday de-notified the membership of Dewan
Published 16 Oct, 2014 12:00am
Country can earn more by stepping up food processing: study

Country can earn more by stepping up food processing: study

Pakistan could easily earn million of dollars annually by focusing on bringing down wastage in fruits and vegetables by stepping up food processing, according to a study conducted on food wastage. Experts have urged the government to extend financial and
Published 16 Oct, 2014 12:00am
International logistics & supply chain conference today

International logistics & supply chain conference today

The 4th international logistics and supply chain management conference will be held at a local hotel here on Thursday (today). S M Muneer, Chairman Trade Development Authority of Pakistan (TDAP) will be the chief guest while Dr Tilo Klliner, Counsel Gener
Published 16 Oct, 2014 12:00am
KE signs agreement with UBL for bill payment

KE signs agreement with UBL for bill payment

K-Electric (KE) on Wednesday signed an agreement with United Bank Limited (UBL). As per the agreement, UBL's customers can pay their bill at any UBL branch in Karachi through the advanced mechanism of UBCS (Utility Bills Collection System). The implementa
Published 16 Oct, 2014 12:00am
Bid to smuggle narcotics worth Rs 800 million foiled

Bid to smuggle narcotics worth Rs 800 million foiled

The Directorate of Intelligence and Investigation (DI&I) of FBR on Wednesday claimed to have foiled an attempt to smuggle around 10 tonnes of narcotics amounting to Rs 800 million to Karachi. According to Asif Marghoob Siddiqui, Director DI&I, Karachi, th
Published 16 Oct, 2014 12:00am
Jubilee Life secures HR Leadership Award for second consecutive year

Jubilee Life secures HR Leadership Award for second consecutive year

Jubilee Life, Pakistan's largest life insurance provider in the private sector, experienced another crowning moment as they were presented with the "HR Leadership" award for the second time in a row at the Asian HR Leadership Awards held in Dubai recently
Published 16 Oct, 2014 12:00am
HRCP reports massive exodus from Balochistan

HRCP reports massive exodus from Balochistan

More than 300,000 people including minority Shiites and Hindus have fled Balochistan over the past 10 years due to growing unrest, a rights group said Wednesday. Resource-rich but poor Balochistan is in the midst of its fifth armed uprising against the st
Published 16 Oct, 2014 12:00am
Scholars underscore need for religious harmony

Scholars underscore need for religious harmony

Scholars and academics said here on Wednesday that pluralism, mutual understanding and religious harmony between different religions were the ultimate guarantee for peace and security in the international politics. They also underscored the need for resol
Published 16 Oct, 2014 12:00am
Registrations open for Cambridge Schools' Conference 2014

Registrations open for Cambridge Schools' Conference 2014

Registrations are now open for the Cambridge Schools Conference, an annual conference attended by Cambridge teachers from across the globe. The conference will be held at Northshore College of Business and Technology, Colombo from 3rd to 5th December 2014
Published 16 Oct, 2014 12:00am
Three killed, four injured in Karachi violence

Three killed, four injured in Karachi violence

Three people were killed while four others injured in separate incidents of violence here on Wednesday. According to police and rescue sources, 22-year-old Ali Murad was shot dead by unknown people in Lyari in the jurisdictions of Chakiwara police station
Published 16 Oct, 2014 12:00am
KP RTI law will extend to PATA

KP RTI law will extend to PATA

Chief Information Commissioner Right to Information (RTI) Commission Major Sahibzada Muhammad Khalid (Retd) has said that the KP RTI law is soon to extend to Provincially Administered Tribal Areas (PATA), saying currently citizens mostly from far-flung ar
Published 16 Oct, 2014 12:00am
KLIC-2014 Conference on corporate leadership on November 17

KLIC-2014 Conference on corporate leadership on November 17

Knowledge Leadership in Innovation and Creativity 2014 (KLIC-2014), a first of its kind conference with eight international and three local speakers and facilitators, will be held on November 17-18, 2014, at the Marriott Hotel in Karachi. KLIC is the brai
Published 16 Oct, 2014 12:00am
Modaraba case: NAB Rawalpindi files another reference

Modaraba case: NAB Rawalpindi files another reference

The National Accountability Bureau (NAB) Rawalpindi on Wednesday filed another reference in Rs 324.449 million Modaraba case of M/s Islamic Traders Private Limited in the Accountability Court. Director General NAB Rawalpindi had approved the reference aga
Published 16 Oct, 2014 12:00am
Modaraba case: NAB Rawalpindi files another reference

Modaraba case: NAB Rawalpindi files another reference

The National Accountability Bureau (NAB) Rawalpindi on Wednesday filed another reference in Rs 324.449 million Modaraba case of M/s Islamic Traders Private Limited in the Accountability Court. Director General NAB Rawalpindi had approved the reference aga
Published 16 Oct, 2014 12:00am
National Assembly body adopts ICT Local Governments Bill, 2013

National Assembly body adopts ICT Local Governments Bill, 2013

The National Assembly's Standing Committee on Interior and Narcotics Control on Wednesday unanimously passed the Islamabad Capital Territory (ICT) Local Governments Bill, 2013. The committee met here with MNA Rana Shamim Ahmad Khan in the chair at the Par
Published 16 Oct, 2014 12:00am
PIA opens Training Centre at Rawalpindi

PIA opens Training Centre at Rawalpindi

PIA has opened its second Training Centre at Rawalpindi for imparting training to the youth of Pakistan in the field of Aircraft Maintenance. The Training Centre was inaugurated by Advisor to Prime Minister on Aviation, Shujaat Azeem and senior officials
Published 16 Oct, 2014 12:00am
Tube-wells: PML-N lawmaker calls for revising power bills

Tube-wells: PML-N lawmaker calls for revising power bills

A ruling party member has lamented the excessively-charged electricity bills for agriculture tube-wells and requested the government to rationalise the bills. The issue of electricity bills for agriculture tube-wells was raised by PML-N's Rao Muhammad Jam
Published 16 Oct, 2014 12:00am
Seed Bill 2014 approved by National Assembly panel

Seed Bill 2014 approved by National Assembly panel

The National Assembly's Standing Committee on National Food, Security and Research Wednesday approved Seed Amendments Bill 2014 to improve the existing law, enabling it to meet the requirements of modern seed industry. The committee that met with Malik Sh
Published 16 Oct, 2014 12:00am
Altaf condemns blast in Tirah Valley

Altaf condemns blast in Tirah Valley

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has strongly condemned the blast in the Tirah Valley of Khyber Agency. Altaf has expressed his grief on the death of several people besides injuries to many others in the incident, said a statement on Wed
Published 16 Oct, 2014 12:00am
PIA carries more than 18,000 Hajjis so far

PIA carries more than 18,000 Hajjis so far

PIA has so far carried more than 18,000 Hajjis from Jeddah to Pakistan through 38 post-Hajj and regular scheduled flights, PIA spokesman said here on Wednesday. PIA has operated 10 flights to Karachi carrying 3,700 Hajjis, 10 flights to Lahore carrying 4,
Published 16 Oct, 2014 12:00am
JUI-F to organise Mufti Mehmood Conference in Quetta

JUI-F to organise Mufti Mehmood Conference in Quetta

Jamiat Ulema-e-Islam Fazal has announced to hold Mufti Mehmood Conference in Quetta to show power and build public opinion against what they called 'secular forces' furthering foreign agenda in the country. "PTI and PAT chief in pursuance of their hidden
Published 16 Oct, 2014 12:00am
Entry test for admission to MBBS, BDS at LUMHS on October 19

Entry test for admission to MBBS, BDS at LUMHS on October 19

The Vice Chancellor Liaquat University of Medical & Health Sciences Jamshoro, Professor Noshad A. Shaikh, presided over a meeting regarding the arrangements of the Entry Test for the admission in the courses of MBBS and BDS scheduled on 19th October 2014.
Published 16 Oct, 2014 12:00am
CFA Pakistan organises 11th annual excellence awards

CFA Pakistan organises 11th annual excellence awards

CFA Society Pakistan (CFA Pakistan) is a member society of the CFA Institute, which is a global organisation of analysts, portfolio managers and financial professionals, and administers the prestigious Chartered Financial Analyst (CFA) program world-wide.
Published 16 Oct, 2014 12:00am
MTBs auction: government mops up Rs 117 billion

MTBs auction: government mops up Rs 117 billion

The federal government Wednesday raised Rs 117 billion through the auction for Market Treasury Bills against the target of Rs 200 billion. Participation in the auction remained thin as most of banks appeared more interested in investing in the long-term g
Published 16 Oct, 2014 12:00am
MTBs auction: government mops up Rs 117 billion

MTBs auction: government mops up Rs 117 billion

The federal government Wednesday raised Rs 117 billion through the auction for Market Treasury Bills against the target of Rs 200 billion. Participation in the auction remained thin as most of banks appeared more interested in investing in the long-term g
Published 16 Oct, 2014 12:00am
President for taking steps to cope with Ebola virus

President for taking steps to cope with Ebola virus

President Mamnoon Hussain has sought a report from the chief secretaries of all the provinces about the measures taken so far to cope with Ebola virus. He directed the authorities to make arrangements for the screening at the airports, ports and border ar
Published 16 Oct, 2014 12:00am
Around 42 alleged criminals held

Around 42 alleged criminals held

The police on Wednesday claimed to have arrested around 42 alleged criminals in different targeted raids and encounters conducted at various parts of the metropolis during last 24 hours. Police said that their 106 raids and five encounters carried out as
Published 16 Oct, 2014 12:00am
I don't face terror threats, tweets Bilawal

I don't face terror threats, tweets Bilawal

Chairman of Pakistan Peoples' Party (PPP) Bilawal Bhutto Zardari has said he has not received any terror threat. Bilawal Bhutto Zardari, in a message on social media website Twitter, tweeted that terrorists are afraid of him. He added that he has not rece
Published 16 Oct, 2014 12:00am
Pace of uplift projects under: PkHA Khattak expresses satisfaction

Pace of uplift projects under: PkHA Khattak expresses satisfaction

KP Chief Minister Pervez Khattak has expressed satisfaction that like many other sectors, work on the projects of highways has been expedited in the province with additional qualities of eliminating the possibilities of corruption, ensuring the transparen
Published 16 Oct, 2014 12:00am
SITE body chief urges government to review water tariff

SITE body chief urges government to review water tariff

SITE Association of Industry's Chairman Muhammad Jawed Bilwani, on Wednesday urged Sindh governor and chief minister to direct Karachi Water and Sewerage Board (KWSB) to review its decision of increasing water tariff as the industrialists are already faci
Published 16 Oct, 2014 12:00am
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