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Print - 2014-11-09
Top US cardinal and Pope critic loses key Vatican post

Top US cardinal and Pope critic loses key Vatican post

The Vatican on Saturday removed the former archbishop of St. Louis, Raymond Leo Burke, from a key post following his criticism of the pope. Burke, who is the seniormost American prelate in the Vatican, said in an interview earlier that many Catholics felt
Published 09 Nov, 2014 12:00am
Honour vets by giving them benefits they've earned: Obama

Honour vets by giving them benefits they've earned: Obama

President Barack Obama called on Americans Saturday to honour veterans with the health care and job benefits they have earned, one month ahead of the US military ending its war in Afghanistan. In his weekly address to the nation, which fell three days bef
Published 09 Nov, 2014 12:00am
North Korea releases two detained Americans

North Korea releases two detained Americans

The US State Department on Saturday announced the release of two Americans who had been held by the government of North Korea. "The Department of State welcomes the release of US citizens Kenneth Bae and Matthew Todd Miller from the DPRK, where they have
Published 09 Nov, 2014 12:00am
Al Qaeda kills 'dozens' in Yemen as government formed

Al Qaeda kills 'dozens' in Yemen as government formed

Al Qaeda claimed Saturday that its militants killed dozens of Shia rebels in Yemen and tried to assassinate the US ambassador, as a new government was announced in the strife-torn country. The cabinet was formed Friday shortly before the UN Security Counc
Published 09 Nov, 2014 12:00am
Baghdad blasts kill at least 33

Baghdad blasts kill at least 33

A wave of car bombs struck Shia-majority areas of Baghdad on Saturday, killing at least 33 people, security and medical officials said. The six car bombs, which hit five different areas of the Iraqi capital, also wounded more than 100 people. The deadlies
Published 09 Nov, 2014 12:00am
Germans, foreigners fete Berlin Wall's fall 25 years on

Germans, foreigners fete Berlin Wall's fall 25 years on

Hundreds of thousands of people descended on the German capital Saturday for festivities to mark the fall of the Berlin Wall 25 years ago, stirring emotions and bringing memories flooding back of its joyous toppling. Under chilly but sunny skies, people s
Published 09 Nov, 2014 12:00am
Last MH17 victims may never be recovered, as Ukraine bloodshed rises

Last MH17 victims may never be recovered, as Ukraine bloodshed rises

The remains of the last nine victims of flight MH17 may never be recovered from the Ukrainian battlefield where their plane was downed four months ago, the Dutch foreign minister said Saturday, as fighting rumbled on in the east of the country. Foreign Mi
Published 09 Nov, 2014 12:00am
Turkish resort city bars unauthorised Syrian refugees: reports

Turkish resort city bars unauthorised Syrian refugees: reports

The popular Turkish resort of Antalya has barred unauthorised refugees from conflict-torn Syria in a bid to prevent a possible refugee wave, local media reported on Saturday. The city asked to be exempted from a government decree that grants all Syrian re
Published 09 Nov, 2014 12:00am
Africa steps up the Ebola fight with $28.5 million fund

Africa steps up the Ebola fight with $28.5 million fund

The African Union raised $28.5 million on Saturday from the continent's wealthiest individuals and firms for a fund to fight the Ebola outbreak ravaging three west African nations. AU officials and business executives gathered in the Ethiopian capital to
Published 09 Nov, 2014 12:00am
Ukrainian doctors freed from Libya kidnapping

Ukrainian doctors freed from Libya kidnapping

Two Ukrainian doctors kidnapped in Libya have been freed," Ukrainian Foreign Minister Pavlo Klimkin said Saturday. "Afer huge efforts, the two Ukrainian doctors kidnapped in September in Libya have been freed. They are in a safe place," Klimkin said on hi
Published 09 Nov, 2014 12:00am
Russia says US welcome to mediate Ukraine crisis

Russia says US welcome to mediate Ukraine crisis

Russia's top diplomat Sergei Lavrov said Saturday that US involvement in resolving the conflict in Ukraine would be a "step in the right direction", after meeting with his US counterpart John Kerry in Beijing. Lavrov's remarks appeared to soften Russia's
Published 09 Nov, 2014 12:00am
Uganda plans to boost coffee exports by 50 percent

Uganda plans to boost coffee exports by 50 percent

Uganda, Africa's No 2 coffee exporter, plans to increase coffee exports more than 50 percent in the next five years to meet demand in East Asia, the Middle East and the US specialty market, the country's state-run industry regulator said. The forecast com
Published 09 Nov, 2014 12:00am
China sets price for cotton subsidy scheme outside key growing region

China sets price for cotton subsidy scheme outside key growing region

China will pay farmers subsidies of 2,000 yuan ($330) per tonne of cotton harvested this crop year outside its top producing region, potentially slowing a drop in output in the world's No 1 consumer of the fibre and further curbing demand for imports. Tra
Published 09 Nov, 2014 12:00am
Cotton futures rally in volatile, options-related trade

Cotton futures rally in volatile, options-related trade

Cotton futures jumped on Friday, reversing earlier losses in heavy, volatile trade due to options-related dealings, the rolling of closely-watched commodities index funds, and jockeying ahead of a monthly USDA report due next week. The most-active March c
Published 09 Nov, 2014 12:00am
Gold tipped to decline for third straight year in 2015

Gold tipped to decline for third straight year in 2015

Gold prices will lag industrial precious metals platinum and palladium in 2015, analysts polled by Reuters predict, as a gradually stabilising world economy favours raw materials over so called "defensive" assets. A poll of 30 analysts conducted by Reuter
Published 09 Nov, 2014 12:00am
British feed barley loading for export to Kuwait

British feed barley loading for export to Kuwait

A cargo of 30,000 tonnes of British feed barley is being loaded in north-east England for shipment to Kuwait, reflecting an increasing trend towards shipping the grain outside the European Union, the head of a British grain marketer said on Tuesday. Gary
Published 09 Nov, 2014 12:00am
China commodities imports fall despite price slump; copper rebounds

China commodities imports fall despite price slump; copper rebounds

China's imports of most major commodities fell in October from month ago due to seasonal factors and a weaker economy, with copper the lone bright spark as trade gradually returned to normal after a financing scandal. The demand outlook for iron ore and c
Published 09 Nov, 2014 12:00am
Soyameal speculators, commercials set for messy standoff: Maguire

Soyameal speculators, commercials set for messy standoff: Maguire

Commercial soya processors may have been hit hardest by the recent surge in soyameal prices, but non-commercials or large speculators may suffer the most if there is a sudden and protracted setback, judging by the latest assessment of trader positioning.
Published 09 Nov, 2014 12:00am
New York gold rebounds 2.6 percent from 4-1/2-year low after jobs data

New York gold rebounds 2.6 percent from 4-1/2-year low after jobs data

Gold rose 2.6 percent on Friday, its biggest one-day gain in nearly five months, as a retreat in the US dollar and heavy short-covering lifted bullion from a 4-1/2-year low. The metal notched a third straight week of losses, however, having dropped to its
Published 09 Nov, 2014 12:00am
Gold extends slump in turbulent week, oil in rollercoaster

Gold extends slump in turbulent week, oil in rollercoaster

Gold prices hit a four-year low, hit by persistent dollar strength, while crude oil plumbed multi-year troughs on fears over Saudi price cuts and plentiful supplies. A rebounding greenback makes dollar-priced commodities more expensive for buyers using we
Published 09 Nov, 2014 12:00am
SHC appoints 49 new JMs

SHC appoints 49 new JMs

The process of appointment of the Judicial Magistrates (JM) for the province was completed after which the Sindh High Court had named 49 as new JMs, who would be posted in different districts of the province.
Published 09 Nov, 2014 12:00am
Appellate tribunal: President approves nomination of judges

Appellate tribunal: President approves nomination of judges

President Mamnoon Hussain, on the advice of the Prime Minister, has approved nomination of judges for Appellate Tribunal to dispose of appeals against the decisions of Returning Officer rejecting/accepting nomination papers for bye-election to the provinc
Published 09 Nov, 2014 12:00am
PTI-led government ready to hold LG polls in KP: Imran

PTI-led government ready to hold LG polls in KP: Imran

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Saturday said his party-led government in Khyber Pakhtunkhawa is ready to hold the local government elections in the province and will press the Election Commission of Pakistan (ECP) for an early election
Published 09 Nov, 2014 12:00am
President emphasises following the message of Allama Iqbal

President emphasises following the message of Allama Iqbal

President Mamnoon Hussain has urged the nation to re-pledge to follow the message of Allama Mohammad Iqbal of self awareness and self esteem for the greater good of our society and our beloved homeland.
Published 09 Nov, 2014 12:00am
BISP employees to move FST against management

BISP employees to move FST against management

The Benazir Income Support Programme (BISP) employees have decided to file a petition in the Federal Services Tribunal (FST) against the management for not extending their due rights and entitled benefits. The disgruntled employees are planning to move th
Published 09 Nov, 2014 12:00am
Chairman Bank of China meets Prime Minister

Chairman Bank of China meets Prime Minister

The Chairman Bank of China International on Saturday called on Prime Minister Muhammad Nawaz Sharif. During the meeting, matters related to co-operation in banking and investment sectors came under discussion. Minister for Planning and Development Ahsan I
Published 09 Nov, 2014 12:00am
CEC to be appointed before 13th: Rashid

CEC to be appointed before 13th: Rashid

Federal Information Minister Pervaiz Rashid said on Saturday that the Chief Election Commissioner would be appointed before November 13 as per the Supreme Court ruling. Talking to a private television channel, Pervaiz Rashid said that the CEC will be appo
Published 09 Nov, 2014 12:00am
FC recovers explosives-laden motorcycle

FC recovers explosives-laden motorcycle

Frontier Corps (FC) Balochistan late on Friday night recovered an explosives-laden motorcycle, remote control and a detonator in the suburbs of Pat Feeder Canal, which was to be used in a terrorist activity. The FC Spokesperson told that FC personnel afte
Published 09 Nov, 2014 12:00am
'Polio eradication government's top priority'

'Polio eradication government's top priority'

Advisor on Health Khawaja Salman Rafiq has said that complete eradication of polio is top priority of the government. He said that the officers who are failed to achieve required results of anti-polio campaign will be removed. He directed to immediately c
Published 09 Nov, 2014 12:00am
'Avoid throwing dead birds in the open or face action'

'Avoid throwing dead birds in the open or face action'

Punjab Livestock and Dairy Development Department (L&DDD) has taken serious notice of certain poultry farms' practice of disposing of disease-affected dead birds in the open, instead of properly burying them. The department has asked the Punjab's Pakistan
Published 09 Nov, 2014 12:00am
Women tourism wing being set up in TDCP

Women tourism wing being set up in TDCP

Provincial Minister for Education, Tourism, Sports, Archaeology and Youth Affairs, Rana Mashood Ahmad Khan has announced establishment of women tourism wing in Tourism Development Corporation of Punjab (TDCP) which will arrange various tour packages for t
Published 09 Nov, 2014 12:00am
Campus Outreach Programme: LSE, SAFE hold financial literacy initiative

Campus Outreach Programme: LSE, SAFE hold financial literacy initiative

The Lahore Stock Exchange (LSE) in collaboration with South Asian Federation of Exchanges (SAFE) organised first and second session of Financial Literacy initiative under Campus Outreach Programme for the students of Government College University, Faisala
Published 09 Nov, 2014 12:00am
10 coal-based power plants to be set up in Punjab: Shahbaz

10 coal-based power plants to be set up in Punjab: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif has said that the provincial government will set up 10 coal-based power plants of 150 megawatt each with the help of foreign investment in the province. He said, in the first phase, imported coal and in the se
Published 09 Nov, 2014 12:00am
Fazl hits out at PTI chief's role in politics

Fazl hits out at PTI chief's role in politics

Maulana Fazalur Rehman chief of Jamiat Ulema-i-Islam said that PTI chief Imran Khan was playing an immature role in politics and his stance was absolutely wrong. Prime Minister Nawaz Sharif had reached an agreement on constitution of Judicial Commission t
Published 09 Nov, 2014 12:00am
UAF to tick off Rabi festival from November 11

UAF to tick off Rabi festival from November 11

The University of Agriculture Faisalabad (UAF) is kicking off Rabi festival from November 11 to 14th. Various activities like World Space Week, International Symposium, Food Festival, Farmers Day, and Distribution of Bags-Stationary among school students
Published 09 Nov, 2014 12:00am
Procurement of 1m cotton bales: growers demand withdrawal of TCP tender

Procurement of 1m cotton bales: growers demand withdrawal of TCP tender

The cotton growers have demanded withdrawal of TCP tender for procurement of one million cotton bales, saying that 85 percent of cotton has already been sold by them at throwaway price. Farooq Bajwa, Chairman Convenor Punjab Water Council told Business
Published 09 Nov, 2014 12:00am
The rise of the Russian Bear?

The rise of the Russian Bear?

Apropos 'Putin beats Obama again in Forbes power ranking' carried by Business Recorder on November 6, the report says that for a second year in a row, Russian President Vladimir Putin has beaten US President Barack Obama to the title of world's mos
Published 09 Nov, 2014 12:00am
Dead fish in Rio Olympic bay baffle scientists

Dead fish in Rio Olympic bay baffle scientists

Thousands of dead fish have begun mysteriously washing up in the polluted Rio bay that will host sailing events at the 2016 Olympics - and experts are at a loss to explain why. Guanabara Bay has already been the subject of concern amongst sailors who are
Published 09 Nov, 2014 12:00am
US Navy SEALs: the not-so-quiet professionals

US Navy SEALs: the not-so-quiet professionals

They call themselves the "quiet professionals," but lately, the US Navy SEALs can't seem to keep their mouths shut. The elite commandos have long prided themselves on performing risky missions in humble anonymity, but insatiable public appetite for their
Published 09 Nov, 2014 12:00am
The truth about over-billing

The truth about over-billing

Early this month the Special Committee of the Cabinet on power matters received a detailed briefing from a team of auditors about their report on the issue of over-billing of electricity charges to the consumers. The committee is headed by Finance Ministe
Published 09 Nov, 2014 12:00am
A glimmer of hope

A glimmer of hope

In a much-welcomed development the government and PTI have indicated willingness to resolve their protracted standoff through resumption of negotiations. Information Minister Pervaiz Rashid told journalists at the National Press Club the other day, "We wa
Published 09 Nov, 2014 12:00am
Uncalled for comments

Uncalled for comments

If history is any guide, the United States is good at annoying its friends - the latest example being the US Department of Defense's report sent to the Congress, which accuses Pakistan of using 'proxies' in furtherance of its regional interests. More poin
Published 09 Nov, 2014 12:00am
Despite cut in POL rates: essential kitchen items prices remain high

Despite cut in POL rates: essential kitchen items prices remain high

Prices of most of the essential kitchen items remained on high side in retail markets of the twin cities of Rawalpindi and Islamabad last week, reveals a survey conducted by Business Recorder on Saturday. Consumers' complained that city administrat
Published 09 Nov, 2014 12:00am
Death anniversary of Jaun Elia observed

Death anniversary of Jaun Elia observed

Renowned Urdu poet, philosopher, biographer and scholar Jaun Elia's 12th death anniversary was observed on November 8. Jaun Elia was born on December 14, 1931 in an illustrious family of Amroha Uttar Pradesh (India). He was the youngest of his siblings. H
Published 09 Nov, 2014 12:00am
Surge in armed robberies witnessed in Capital

Surge in armed robberies witnessed in Capital

The residents of the federal capital are feeling insecure due to sharp rise in armed robberies as well as vehicles lifting or snatching from various parts of the city. Growing cases of robberies and vehicles theft have been source of perpetual agony for t
Published 09 Nov, 2014 12:00am
Government urged to restrict large-scale yarn import

Government urged to restrict large-scale yarn import

Pakistan Yarn Merchants Association (PYMA) has urged the government to enhancing regulatory duty to 1O percent and restricting of large scale of imports of yarn. Talking to newsmen, Qaisar Shamas Guccha, Central Chairman Pakistan Yarn Merchants Associatio
Published 09 Nov, 2014 12:00am
Pakistan to be made largest mango exporting country next year: Bosan

Pakistan to be made largest mango exporting country next year: Bosan

With the utmost efforts in maintaining quality export of fruits to the world, Pakistan will be made as the largest exporting country of mango next year. This was said by Federal Minister National Food Security and Research Sikandar Hayat Khan Bosan while
Published 09 Nov, 2014 12:00am
Draught-hit Tharis: relief bags found filled with mud

Draught-hit Tharis: relief bags found filled with mud

The wheat bags sent as relief items for the drought-affected people of Tharparkar district turned out to be bags filled with sands and mud on Saturday. According to the details, the 'relief items' sent by the Sindh government turned more like a prank on t
Published 09 Nov, 2014 12:00am
Two shot dead in Karachi

Two shot dead in Karachi

Two people were killed while two others were injured in separate incidents of violence in Karachi on Saturday. According to police and rescue sources, a 20-year old man, Iqbal, son of Muhammad Aslam, was gunned down by an unidentified man near 'Aftab Clin
Published 09 Nov, 2014 12:00am
10 Indian boys booked for wearing T-shirts of Pakistan cricket team

10 Indian boys booked for wearing T-shirts of Pakistan cricket team

The police in Uttar Pradesh, India, have registered a case against 10 boys for wearing T-shirts of Pakistani cricket team during Muharram procession. They have been charged for acting "prejudicial to national integration and causing communal disharmony".
Published 09 Nov, 2014 12:00am
Famine in Thar, PPP seeks solutions in London

Famine in Thar, PPP seeks solutions in London

Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari will chair a meeting regarding the famine in Thar as well as performance of the provincial Sindh government would be discussed in the meeting. Reshuffling in the top PPP leadership in the Sindh
Published 09 Nov, 2014 12:00am
BIEK announcement

BIEK announcement

Board of Intermediate Education Karachi (BIEK) has started issuing the mark sheets of the Pre-Engineering and General Science groups for the HSC Part-I annual examination 2014, according to the communique issued by the BIEK on Saturday. The BIEK has advis
Published 09 Nov, 2014 12:00am
CNG station owners set up company for LNG import

CNG station owners set up company for LNG import

Owners of around 1,200 compressed natural gas (CNG) pumps in Punjab, who are aiming to become the first to import liquefied natural gas (LNG) into Pakistan, have applied for a licence and registered a company for the purpose. The special purpose vehicle n
Published 09 Nov, 2014 12:00am
Prices of vegetables register downward trend

Prices of vegetables register downward trend

Prices of the seasonal vegetables have started softening in retail markets with the improvement in the supplies from upcountry. The prices of onion, tomato and ladyfingers have been registering a downward trend during the previous fortnight due to arrival
Published 09 Nov, 2014 12:00am
PMEX becomes member of FIA Asia

PMEX becomes member of FIA Asia

PMEX has become the member of Futures Industry Association (FIA) Asia, a leading trade organisation for the futures, options and cleared swaps markets worldwide. The Association supports open, transparent and competitive markets and promotes high standard
Published 09 Nov, 2014 12:00am
Regularisation of jobs: lady health workers' sit-in enters 4th day

Regularisation of jobs: lady health workers' sit-in enters 4th day

The protest sit-in of lady health workers of Tando Allahyar entered 4th day on Saturday. Dr Siddiqua Muzaffar, leader of LHW and Ashraf Noonari central leader of Sindh National Party led the sit-in protest. The protest camp was visited by MQM MNA Syed Was
Published 09 Nov, 2014 12:00am
Kerry denies US linked Iran atom talks to militant efforts

Kerry denies US linked Iran atom talks to militant efforts

US Secretary of State John Kerry on Saturday vehemently denied that Washington offered to discuss co-operation with Iran in the fight against Islamic militancy if a nuclear deal was reached with Tehran. "There is no linkage whatsoever of the nuclear discu
Published 09 Nov, 2014 12:00am
Kerry denies US linked Iran atom talks to militant efforts

Kerry denies US linked Iran atom talks to militant efforts

US Secretary of State John Kerry on Saturday vehemently denied that Washington offered to discuss co-operation with Iran in the fight against Islamic militancy if a nuclear deal was reached with Tehran. "There is no linkage whatsoever of the nuclear discu
Published 09 Nov, 2014 12:00am
Plot to kill Bangladesh Prime Minister: Indian police arrest suspect

Plot to kill Bangladesh Prime Minister: Indian police arrest suspect

Indian police have arrested a 36-year-old woman suspected of being involved in a plot to assassinate the prime minister of Bangladesh and carry out a coup, police said on Saturday. The arrest comes days after Indian security officials said they had uncove
Published 09 Nov, 2014 12:00am
Plot to kill Bangladesh Prime Minister: Indian police arrest suspect

Plot to kill Bangladesh Prime Minister: Indian police arrest suspect

Indian police have arrested a 36-year-old woman suspected of being involved in a plot to assassinate the prime minister of Bangladesh and carry out a coup, police said on Saturday. The arrest comes days after Indian security officials said they had uncove
Published 09 Nov, 2014 12:00am
Hamid Ali new chief of NCTA

Hamid Ali new chief of NCTA

The Ministry of Interior has appointed Hamid Ali Khan as a new Chief of National Counter Terrorism Authority. According to a private TV channel, the decision was taken in a meeting between Prime Minister Nawaz Sharif and Chief of Army Staff General Raheel
Published 09 Nov, 2014 12:00am
Hamid Ali new chief of NCTA

Hamid Ali new chief of NCTA

The Ministry of Interior has appointed Hamid Ali Khan as a new Chief of National Counter Terrorism Authority. According to a private TV channel, the decision was taken in a meeting between Prime Minister Nawaz Sharif and Chief of Army Staff General Raheel
Published 09 Nov, 2014 12:00am
Thar famine report: Bilawal withdraws show-cause notices to Qaim, Wassan

Thar famine report: Bilawal withdraws show-cause notices to Qaim, Wassan

Patron-in-chief of the Pakistan Peoples' Party (PPP) Bilawal Bhutto Zardari on Saturday withdrew the show-cause notices served on Chief Minister Sindh Syed Qaim Ali Shah and Provincial Minister for Prisons Manzoor Wassan over allegedly leaking of the find
Published 09 Nov, 2014 12:00am
Thar famine report: Bilawal withdraws show-cause notices to Qaim, Wassan

Thar famine report: Bilawal withdraws show-cause notices to Qaim, Wassan

Patron-in-chief of the Pakistan Peoples' Party (PPP) Bilawal Bhutto Zardari on Saturday withdrew the show-cause notices served on Chief Minister Sindh Syed Qaim Ali Shah and Provincial Minister for Prisons Manzoor Wassan over allegedly leaking of the find
Published 09 Nov, 2014 12:00am
EU foreign chief calls for Palestinian state

EU foreign chief calls for Palestinian state

The European Union's new foreign affairs chief Federica Mogherini on Saturday appealed for the establishment of a Palestinian state, saying the world "cannot afford" another war in Gaza. "We need a Palestinian state - that is the ultimate goal and this is
Published 09 Nov, 2014 12:00am
EU foreign chief calls for Palestinian state

EU foreign chief calls for Palestinian state

The European Union's new foreign affairs chief Federica Mogherini on Saturday appealed for the establishment of a Palestinian state, saying the world "cannot afford" another war in Gaza. "We need a Palestinian state - that is the ultimate goal and this is
Published 09 Nov, 2014 12:00am
Musharraf summoned by court

Musharraf summoned by court

Rejecting the plea of former President General Pervez Musharraf (Retd), an Additional Sessions Judge (ADSJ) here on Saturday summoned him on December 6 in the Abdul Rasheed Ghazi murder case. The ADSJ, Wajid Ali, heard the Abdul Rasheed Ghazi murder case
Published 09 Nov, 2014 12:00am
Musharraf summoned by court

Musharraf summoned by court

Rejecting the plea of former President General Pervez Musharraf (Retd), an Additional Sessions Judge (ADSJ) here on Saturday summoned him on December 6 in the Abdul Rasheed Ghazi murder case. The ADSJ, Wajid Ali, heard the Abdul Rasheed Ghazi murder case
Published 09 Nov, 2014 12:00am
Gorbachev warns 'world on brink of new Cold War': report

Gorbachev warns 'world on brink of new Cold War': report

The Soviet Union's last leader Mikhail Gorbachev warned Saturday that the world was on the "brink of a new Cold War" at an event to mark 25 years since the Berlin Wall's fall, the German news agency DPA reported. "The world is on the brink of a new Cold W
Published 09 Nov, 2014 12:00am
Gorbachev warns 'world on brink of new Cold War': report

Gorbachev warns 'world on brink of new Cold War': report

The Soviet Union's last leader Mikhail Gorbachev warned Saturday that the world was on the "brink of a new Cold War" at an event to mark 25 years since the Berlin Wall's fall, the German news agency DPA reported. "The world is on the brink of a new Cold W
Published 09 Nov, 2014 12:00am
Four infants die in NICH incubators due to power cut

Four infants die in NICH incubators due to power cut

Four children died in incubators of the state-run National Institute of Child Health (NICH) as prolonged suspension of power supply caused shortage of oxygen. Sources said that the power suspension led to cut in oxygen supply to the incubators which cause
Published 09 Nov, 2014 12:00am
Four infants die in NICH incubators due to power cut

Four infants die in NICH incubators due to power cut

Four children died in incubators of the state-run National Institute of Child Health (NICH) as prolonged suspension of power supply caused shortage of oxygen. Sources said that the power suspension led to cut in oxygen supply to the incubators which cause
Published 09 Nov, 2014 12:00am
Jethmalani advocates Musharraf's formula on occupied Kashmir

Jethmalani advocates Musharraf's formula on occupied Kashmir

Advocating former President Pervez Musharraf's four-point formula on occupied Kashmir, former BJP MP and eminent lawyer, Ram Jethmalani on Saturday said the document should be the basis for a permanent solution to the Kashmir issue and that Musharraf's ef
Published 09 Nov, 2014 12:00am
Jethmalani advocates Musharraf's formula on occupied Kashmir

Jethmalani advocates Musharraf's formula on occupied Kashmir

Advocating former President Pervez Musharraf's four-point formula on occupied Kashmir, former BJP MP and eminent lawyer, Ram Jethmalani on Saturday said the document should be the basis for a permanent solution to the Kashmir issue and that Musharraf's ef
Published 09 Nov, 2014 12:00am
Obituary: senior journalist Khurshid Zuberi dies

Obituary: senior journalist Khurshid Zuberi dies

Business Recorder Sub-Editor Khurshid Zuberi, 74, died in a private hospital, here on Saturday. He leaves behind two sons-Akbar and Akhtar. He was hospitalised following deterioration in his health a week ago. Born in Meerut, India, in undivided Su
Published 09 Nov, 2014 12:00am
Obituary: senior journalist Khurshid Zuberi dies

Obituary: senior journalist Khurshid Zuberi dies

Business Recorder Sub-Editor Khurshid Zuberi, 74, died in a private hospital, here on Saturday. He leaves behind two sons-Akbar and Akhtar. He was hospitalised following deterioration in his health a week ago. Born in Meerut, India, in undivided Su
Published 09 Nov, 2014 12:00am
Allama Iqbal's 137th birth anniversary today

Allama Iqbal's 137th birth anniversary today

The 137th birth anniversary of great poet Allama Muhammad Iqbal is being observed across the country on Sunday (today) with traditional zeal and enthusiasm. Pakistan Navy contingent would take positions outside the Iqbal tomb replacing Pakistan Rangers. L
Published 09 Nov, 2014 12:00am
Obama doubles US troops in Iraq in expanding war on IS

Obama doubles US troops in Iraq in expanding war on IS

President Barack Obama on Friday unveiled plans to send 1,500 additional troops to Iraq to help Baghdad government forces strike back at Islamic State jihadists, roughly doubling the number of US soldiers in the country. The move marked a deepening US com
Published 09 Nov, 2014 12:00am
Obama doubles US troops in Iraq in expanding war on IS

Obama doubles US troops in Iraq in expanding war on IS

President Barack Obama on Friday unveiled plans to send 1,500 additional troops to Iraq to help Baghdad government forces strike back at Islamic State jihadists, roughly doubling the number of US soldiers in the country. The move marked a deepening US com
Published 09 Nov, 2014 12:00am
KPMG''s appointment as PRAL auditors approved

KPMG''s appointment as PRAL auditors approved

The Federal Board of Revenue (FBR) has approved the appointment of KPMG as auditors of Pakistan Revenue Automation Limited (PRAL) for the next financial year. Sources told Business Recorder here on Saturday that the decision had been taken in a rec
Published 09 Nov, 2014 12:00am
KPMG's appointment as PRAL auditors approved

KPMG's appointment as PRAL auditors approved

The Federal Board of Revenue (FBR) has approved the appointment of KPMG as auditors of Pakistan Revenue Automation Limited (PRAL) for the next financial year. Sources told Business Recorder here on Saturday that the decision had been taken in a rec
Published 09 Nov, 2014 12:00am
KPMG's appointment as PRAL auditors approved

KPMG's appointment as PRAL auditors approved

The Federal Board of Revenue (FBR) has approved the appointment of KPMG as auditors of Pakistan Revenue Automation Limited (PRAL) for the next financial year. Sources told Business Recorder here on Saturday that the decision had been taken in a rec
Published 09 Nov, 2014 12:00am
IT return for TY14: FTO takes notice of tax computation flaws

IT return for TY14: FTO takes notice of tax computation flaws

The Federal Tax Ombudsman (FTO) Office has taken notice of tax computation flaws in the income tax return for Tax Year 2014 and directed the Federal Board of Revenue (FBR) to submit its detailed comments by November 14, 2014. Sources told Business Reco
Published 09 Nov, 2014 12:00am
IT return for TY14: FTO takes notice of tax computation flaws

IT return for TY14: FTO takes notice of tax computation flaws

The Federal Tax Ombudsman (FTO) Office has taken notice of tax computation flaws in the income tax return for Tax Year 2014 and directed the Federal Board of Revenue (FBR) to submit its detailed comments by November 14, 2014. Sources told Business Reco
Published 09 Nov, 2014 12:00am
IT return for TY14: FTO takes notice of tax computation flaws

IT return for TY14: FTO takes notice of tax computation flaws

The Federal Tax Ombudsman (FTO) Office has taken notice of tax computation flaws in the income tax return for Tax Year 2014 and directed the Federal Board of Revenue (FBR) to submit its detailed comments by November 14, 2014. Sources told Business Reco
Published 09 Nov, 2014 12:00am
Indian army admits 'mistake' in killing two teenagers

Indian army admits 'mistake' in killing two teenagers

The Indian Army has admitted it made a mistake in shooting dead two teenagers in Occupied Kashmir this week, a rare public admission of fault by the armed forces. The teenagers died after soldiers fired at a car on the outskirts of held Srinagar on Monday
Published 09 Nov, 2014 12:00am
Indian army admits 'mistake' in killing two teenagers

Indian army admits 'mistake' in killing two teenagers

The Indian Army has admitted it made a mistake in shooting dead two teenagers in Occupied Kashmir this week, a rare public admission of fault by the armed forces. The teenagers died after soldiers fired at a car on the outskirts of held Srinagar on Monday
Published 09 Nov, 2014 12:00am
Annual China export, import growth slows in October

Annual China export, import growth slows in October

Annual growth in China''s exports and imports slowed in October, data showed on Saturday, reinforcing signs of fragility in the world''s second-largest economy that could prompt policymakers to roll over more stimulus measures. Exports rose 11.6 percent i
Published 09 Nov, 2014 12:00am
Annual China export, import growth slows in October

Annual China export, import growth slows in October

Annual growth in China's exports and imports slowed in October, data showed on Saturday, reinforcing signs of fragility in the world's second-largest economy that could prompt policymakers to roll over more stimulus measures. Exports rose 11.6 percent in
Published 09 Nov, 2014 12:00am
Annual China export, import growth slows in October

Annual China export, import growth slows in October

Annual growth in China's exports and imports slowed in October, data showed on Saturday, reinforcing signs of fragility in the world's second-largest economy that could prompt policymakers to roll over more stimulus measures. Exports rose 11.6 percent in
Published 09 Nov, 2014 12:00am
Q2 financing gap to increase to $1.771 billion

Q2 financing gap to increase to $1.771 billion

Pakistan''s financing gap would increase to $1.771 billion in the second quarter (October-December) subsequent to the government decision not to go for divestment of OGDCL shares in the capital market. Pakistan''s gross financing requirements for the seco
Published 09 Nov, 2014 12:00am