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Print - 2014-11-14
Nishikori downs Ferrer

Nishikori downs Ferrer

Kei Nishikori faces a nervous wait to see if he will qualify for the semi-finals of the ATP Tour Finals after finishing his Group B campaign with a 4-6, 6-4, 6-1 victory over David Ferrer on Thursday. Nishikori discovered only two hours before his match w
Published 14 Nov, 2014 12:00am
Kirsten back as South Africa mentor

Kirsten back as South Africa mentor

Former South Africa coach Gary Kirsten has been recalled to help the Proteas prepare for next year's World Cup and will act as a batting coach and mentor in the upcoming one-day series in Australia. The 46-year-old guided India to their World Cup triumph
Published 14 Nov, 2014 12:00am
Hafeez reported for illegal action

Hafeez reported for illegal action

Pakistan all-rounder Mohammad Hafeez has been reported with a suspected illegal bowling action during the first Test against New Zealand in Abu Dhabi on Thursday, the International Cricket Council (ICC) said Thursday. "The match officials' report, which w
Published 14 Nov, 2014 12:00am
Pakistan complete New Zealand rout in first Test

Pakistan complete New Zealand rout in first Test

Pakistan's Misbah-ul Haq became his country's most successful captain as his team strolled to victory by 248 runs in its first Test against New Zealand on Thursday, taking a 1-0 lead in the three-match series. The victory gave Misbah 15 wins in 33 Tests,
Published 14 Nov, 2014 12:00am
Pakistan complete New Zealand rout in first Test

Pakistan complete New Zealand rout in first Test

Pakistan's Misbah-ul Haq became his country's most successful captain as his team strolled to victory by 248 runs in its first Test against New Zealand on Thursday, taking a 1-0 lead in the three-match series. The victory gave Misbah 15 wins in 33 Tests,
Published 14 Nov, 2014 12:00am
Italy storms toll climbs to five

Italy storms toll climbs to five

The death toll from the latest wave of storms to batter northern Italy rose to five Thursday as floods and landslides continued to wreak havoc across the region. At Moscazzano, southeast of Milan, emergency services recovered the body of a 36-year-old loc
Published 14 Nov, 2014 12:00am
Red Cross offers to help Syria 'reconciliation'

Red Cross offers to help Syria 'reconciliation'

The International Committee of the Red Cross said Thursday it is ready to play a role in helping the regime and opposition in war-torn Syria to reach a "national reconciliation". Red Cross president Peter Maurer, who is currently visiting Damascus, was di
Published 14 Nov, 2014 12:00am
Obama optimistic on Myanmar democracy despite concerns

Obama optimistic on Myanmar democracy despite concerns

US President Barack Obama voiced optimism Thursday that Myanmar was on the right path to democracy despite worrying "backsliding" on its much celebrated reform process. Obama delivered his cautiously upbeat assessment after holding separate meetings with
Published 14 Nov, 2014 12:00am
Kerry in bid to cool Jerusalem tempers

Kerry in bid to cool Jerusalem tempers

Top US diplomat John Kerry mounted a diplomatic push on Thursday to calm surging tensions in Jerusalem through meetings in Jordan with the Israeli and Palestinian leaders. Hours after the secretary of state held talks with Palestinian president Mahmud Abb
Published 14 Nov, 2014 12:00am
UK woman jailed for sending cash to jihadist husband in Syria

UK woman jailed for sending cash to jihadist husband in Syria

A British woman who tried to send 20,000 euros ($25,000) to her husband fighting with Islamic State (IS) group in Syria was on Thursday jailed for 28 months and seven days. Amal El-Wahabi, 28, became the first person in Britain to be convicted of funding
Published 14 Nov, 2014 12:00am
French jihadist who spent 'dozen days' in Syria jailed for seven years

French jihadist who spent 'dozen days' in Syria jailed for seven years

The first French jihadist to stand trial after returning from Syria, where his nicotine cravings got the better of him, was sentenced to seven years in jail Thursday. Flavien Moreau travelled to the conflict-ridden country at the end of 2012 but says he o
Published 14 Nov, 2014 12:00am
IS releases audio of chief Baghdadi after death rumours

IS releases audio of chief Baghdadi after death rumours

The Islamic State group released a defiant audio recording Thursday it said was of chief Abu Bakr al-Baghdadi, after air strikes on jihadist leaders in Iraq sparked rumours he had been wounded or killed. In the 17-minute message, the man purported to be B
Published 14 Nov, 2014 12:00am
Republicans elect Mitch McConnell as US Senate leader

Republicans elect Mitch McConnell as US Senate leader

Senate Republicans on Thursday unanimously elected Mitch McConnell as their chief and the chamber's majority leader for the upcoming Congress, after the party rode to victory in last week's midterm elections. As expected, McConnell will take over from cur
Published 14 Nov, 2014 12:00am
Kidnapped Italian engineer freed in Libya

Kidnapped Italian engineer freed in Libya

An Italian construction engineer abducted in Libya four months ago has been freed and is on his way home, the foreign ministry said Thursday. The ministry provided no details of how Marco Vallisa, 54, came to be liberated. But a security source in Libya t
Published 14 Nov, 2014 12:00am
Protests as US defends record before UN anti-torture body

Protests as US defends record before UN anti-torture body

Activists stood in silent protest as the United States on Thursday defended its record before a UN anti-torture watchdog, raising their fists and displaying pictures of victims of police brutality. On the second and final day of the UN Committee Against T
Published 14 Nov, 2014 12:00am
Bombs hit near Egypt, UAE embassies in Libya

Bombs hit near Egypt, UAE embassies in Libya

Two car bombs struck near the shuttered Egyptian and United Arab Emirates embassies in Libya's militia-controlled capital within minutes of each other Thursday, an AFP correspondent and a UAE official said. Two guards posted outside the empty Egyptian emb
Published 14 Nov, 2014 12:00am
Westpac chief Gail Kelly quits after seven years

Westpac chief Gail Kelly quits after seven years

One of Australia's most powerful female chief executives, Gail Kelly, on Thursday stepped down as the head of banking giant Westpac after seven years in the top job. Kelly, who became Westpac's chief in 2008 and steered Australia's second-largest bank thr
Published 14 Nov, 2014 12:00am
Scottish nationalists change leader

Scottish nationalists change leader

Scotland's First Minister Alex Salmond will step down as leader of the Scottish National Party (SNP) at its annual conference on Friday after Scots voted against independence in September. The head of the party for nearly 20 years and first minister for s
Published 14 Nov, 2014 12:00am
European Parliament backs closer EU-Moldova ties

European Parliament backs closer EU-Moldova ties

The European Parliament on Thursday backed closer political and economic ties between the European Union and the former Soviet republic of Moldova, echoing a deal with Ukraine that has raised EU-Russia tensions. The parliament said in a statement that the
Published 14 Nov, 2014 12:00am
Shanghai copper up

Shanghai copper up

The most-traded January copper contract on the Shanghai Futures Exchange edged up 0.3 percent to 47,400 yuan ($7,738) a tonne on Thursday after evidence that China's economic growth cooled in October dented demand prospects but raised bets Beijing will ha
Published 14 Nov, 2014 12:00am
Copper and nickel fall after weak Chinese data

Copper and nickel fall after weak Chinese data

Copper fell on Thursday after weak economic data in top metals consumer China and US jobs data that missed forecasts fanned worries about global base metals demand. Data showed China's economy lost momentum in October, with factory growth dipping and inve
Published 14 Nov, 2014 12:00am
Oil hits four-year low on Cushing build, Opec concerns

Oil hits four-year low on Cushing build, Opec concerns

Oil prices fell about 3 percent on Thursday to four-year lows after government data showed US crude stockpiles surged at the delivery point for crude futures. The declines compounded losses from Wednesday after comments by the Saudi oil minister raised fe
Published 14 Nov, 2014 12:00am
Rubber climbs

Rubber climbs

Benchmark Tokyo rubber futures rose for a third day to fresh three-month highs on Thursday as continuous gains in Japanese equities and a soft yen outweighed slightly-weaker-than-expected economic data from China, the world's biggest consumer. The Tokyo C
Published 14 Nov, 2014 12:00am
Palm oil down

Palm oil down

Malaysian palm oil futures extended losses into a second day on Thursday, following competing soy markets, with investors keeping a close watch on crude prices at near four-year lows. "It's all external factors. The US bean oil was down last night, and to
Published 14 Nov, 2014 12:00am
ICE cocoa tumbles

ICE cocoa tumbles

New York cocoa futures on ICE tumbled to a 9-1/2 month low in heavy volume on Thursday as investors liquidated long positions on technical sell signals, while arabica coffee rallied above its 200-day moving average. Raw sugar futures fell, coming off Wedn
Published 14 Nov, 2014 12:00am
Soyabeans retreat

Soyabeans retreat

Chicago Board of Trade soyabean prices fell on Wednesday, retreating from multi-month highs on profit-taking, farmer selling and rumours of South American soyameal cargoes being shipped to the United States, traders said. Wheat prices rose on concerns tha
Published 14 Nov, 2014 12:00am
Gold slips in Asia

Gold slips in Asia

Gold eased for a second straight session on Thursday as investors awaited US jobless claims data for possible cues, and sentiment remained fragile as optimism over an economic recovery and a strong dollar dented bullion's appeal as a hedge. More outflows
Published 14 Nov, 2014 12:00am
Gold rises in Europe

Gold rises in Europe

Gold edged higher on Thursday as a softer tone to the dollar helped to support prices, though continued outflows from bullion-backed funds showed investor sentiment remained weak as other assets like stocks rose. A sell-off since October 31 has sent gold
Published 14 Nov, 2014 12:00am
Wheat hits 2-1/2-month high

Wheat hits 2-1/2-month high

Chicago Board of Trade wheat rose for a fourth consecutive session on Thursday, reaching a 2-1/2-month high on technical buying and concern that a cold spell in the United States could harm the winter crop. Corn also hit a multimonth high and soyabeans ed
Published 14 Nov, 2014 12:00am
Gold dips

Gold dips

Gold fell early on Thursday, as another sharp pullback in crude oil prices and improving US jobs data decreased bullion's appeal as a hedge, and continued outflows from gold-backed ETFs suggested the precious metal is susceptible to further losses. Weighi
Published 14 Nov, 2014 12:00am
Indian cooking oil imports hit record

Indian cooking oil imports hit record

India's cooking oil imports hit a record high in 2013/14 due to a surge in overseas purchases of soya and sunflower oils, a trade body said on Thursday, adding that low global prices could spur even higher imports in the current year. Record imports by th
Published 14 Nov, 2014 12:00am
Cotton hits five-year lows below 60 cents after breaching support

Cotton hits five-year lows below 60 cents after breaching support

Cotton futures dropped to the lowest levels since September 2009 on Thursday, tumbling through the key psychological 60-cent level as it extended a rout on a bearish technical outlook and weak demand as harvesting ramps up in key producers. The most-activ
Published 14 Nov, 2014 12:00am
Saudi Arabia beheads 7th Pakistani in one month

Saudi Arabia beheads 7th Pakistani in one month

A Pakistani convicted of smuggling heroin became Thursday the seventh person from his country beheaded over the past month in Saudi Arabia for drug trafficking. The execution of Niyaz Mohammed Ghulam Mohammed was carried out in Riyadh after he was "tried
Published 14 Nov, 2014 12:00am
Pakistan reaffirms opposition for new permanent seats in UNSC

Pakistan reaffirms opposition for new permanent seats in UNSC

At the United Nations, Pakistan has reaffirmed its opposition for creating new permanent seats in a reformed Security Council. Taking part in a General Assembly's debate on achieving equitable representation on the Council, Ambassador Masood Khan said the
Published 14 Nov, 2014 12:00am
Government can revive peace talks with Taliban: JI chief

Government can revive peace talks with Taliban: JI chief

Jamaat-e-Islami (JI) Chief Sirajul Haq has said that peace talks with Taliban could restart even during the ongoing operation Zarb-e-Azb if the government intends to end the deadlock. In an exclusive interview with Business Recorder, the JI chief s
Published 14 Nov, 2014 12:00am
Number rises to 11: one more polio case surfaced in Balochistan

Number rises to 11: one more polio case surfaced in Balochistan

Another 18-month-old female child fell victim to poliovirus in Balochistan's Killa Abdullah district on Thursday. With this case, the number of polio cases in the province has risen to 11. Sources in the province's health department said that polio virus
Published 14 Nov, 2014 12:00am
Cut coupon rate & discount rate by 300bps

Cut coupon rate & discount rate by 300bps

State Bank of Pakistan will be announcing its Monetary Policy Statement (MPS) for the next two months on Saturday. The purpose of MPS is to provide direction to the economy, promote sustainable economic output and create jobs. More importantly, the centra
Published 14 Nov, 2014 12:00am
Minister hails NUST projects

Minister hails NUST projects

Federal Minister for Science and Technology Zahid Hamid hailed the efforts of National University of Sciences and Technology towards aligning its programs and projects with Sustainable Development Goals and Vision 2025 and finding sustainable solutions to
Published 14 Nov, 2014 12:00am
Government pursuing policy for economic revival: President

Government pursuing policy for economic revival: President

President Mamnoon Hussain on Thursday said that an important foreign policy objective of the government is to make economic revival and achieve sustained development. Talking to a delegation of Karachi Council on Foreign Relations (KCFR) that called on hi
Published 14 Nov, 2014 12:00am
TTP claims killing of PPP leader in Swat

TTP claims killing of PPP leader in Swat

Tehreek-e-Taliban Pakistan (TTP) Swat chapter, has claimed the responsibility of target killing of Pakistan People's Party (PPP) local leader and former UC Nazim, Faisal Hayat in Qambar area of Swat on Wednesday evening. TTP spokesman Muhammad Kharasani t
Published 14 Nov, 2014 12:00am
Members of Senate body visit POF

Members of Senate body visit POF

Members of Senate Standing Committee on Defence Production headed by Chairperson Senate Committee Saeeda Iqbal visited Pakistan Ordnance Factories on Thursday. Chairman Pakistan Ordnance Factories (POF) Board in his welcoming remarks told the delegation t
Published 14 Nov, 2014 12:00am
Japan to provide Rs 3.2 billion for disaster management

Japan to provide Rs 3.2 billion for disaster management

Japan will provide Rs 3.2 billion ($36 million) to Pakistan for improving the disaster management through capacity-building of sewerage and drainage services and the weather forecasting system. Bilateral agreements were signed for "the project for upgradi
Published 14 Nov, 2014 12:00am
Prime Minister takes notice of police action against IDPs in Bannu

Prime Minister takes notice of police action against IDPs in Bannu

Prime Minister Nawaz Sharif taking notice of police action against the Internally Displaced Persons (IDPs) in Bannu and directed to resolve their problems. The Prime Minister also directed the authorities concerned to take care of the IDPs as they had lef
Published 14 Nov, 2014 12:00am
ADB official meets BISP Chairman

ADB official meets BISP Chairman

Gaudencio Hernandez Jr., Alternate Executive Director, Asian Development Bank (ADB) called on Enver Baig, Chairman Benazir Income Support Programme (BISP) here on Thursday and discussed matters of mutual co-operation for the benefit of the poorest of the
Published 14 Nov, 2014 12:00am
National Assembly panel pays tribute to sacrifices of IDPs

National Assembly panel pays tribute to sacrifices of IDPs

The National Assembly Standing Committee on Interior and Narcotics Control on Thursday unanimously passed a resolution to pay tribute to the sacrifices of Internally Displaced Persons (IDPs) due to operations Zarb-e-Azb and Khyber-one and urged federal an
Published 14 Nov, 2014 12:00am
Plot allotment case: NAB KP arrests two more accused

Plot allotment case: NAB KP arrests two more accused

National Accountability Bureau (NAB) Khyber Pakhtunkhwa on Thursday arrested two more alleged accused for manipulating bidding process for plot allotment. The arrested contractors, Akhtar Haleem and Imdad Khan Khalil have been allegedly accused for manipu
Published 14 Nov, 2014 12:00am
Justice Wajih terms PPO against constitution

Justice Wajih terms PPO against constitution

Former Justice Supreme Court of Pakistan Wajihuddin Ahmed has said the Protection of Pakistan Ordinance (PPO) is contrary to the provisions of the constitution of Pakistan and all stakeholders including government, judiciary and political parties must pla
Published 14 Nov, 2014 12:00am
Murad Ali Shah sworn in as minister

Murad Ali Shah sworn in as minister

Governor of Sindh Dr Ishrat-ul-Ebad Khan administered oath to newly elected MPA Syed Murad Ali Shah as provincial minister at a simple but impressive ceremony held here at the Governor House on Thursday afternoon. Chief Minister Syed Qaim Ali Shah, provin
Published 14 Nov, 2014 12:00am
Tariff cut on auto import: no commitment made to WTO: CCP

Tariff cut on auto import: no commitment made to WTO: CCP

The Competition Commission of Pakistan (CCP) has said that Pakistan has not made any commitment to WTO to cut tariffs on the import of automobiles or auto parts till date and there is no WTO obligation to reduce customs duty in automobile sector. The CCP
Published 14 Nov, 2014 12:00am
MQM delegation meets Pir Pagara

MQM delegation meets Pir Pagara

The spiritual leader of Hur and Pakistan Muslim League functional (PMLF) Pir Sabghatullah Shah Rashidi said the whole of Sindh was being converted as Tharparkar and the ruling Pakistan People's Party (PPP) had made Sindh province as Mithi. The law and ord
Published 14 Nov, 2014 12:00am
World Diabetes Day today

World Diabetes Day today

World Diabetes Day (WDD) is celebrated every year on November 14. The World Diabetes Day campaign is led by the International Diabetes Federation (IDF) and its member associations. It engages millions of people world-wide in diabetes advocacy and awarenes
Published 14 Nov, 2014 12:00am
Missing person case: SHC summons in-charge Karachi operation

Missing person case: SHC summons in-charge Karachi operation

The Sindh High Court (SHC) directed the in charge of Karachi operation on Thursday to appear in the court and spell out the mechanism in which police and paramilitary forces were conducting the raids. Headed by Justice Ahmed Ali M Shaikh, a division bench
Published 14 Nov, 2014 12:00am
Federal Secretary visits KCA

Federal Secretary visits KCA

Rukhsana Shah, Federal Secretary of Ministry of Textile Industry visited the Karachi Cotton Association (KCA) on Thursday, and met the Executive Committee and prominent members of the Cotton Trade. Welcoming the Secretary, Chairman Amin Hashwani said the
Published 14 Nov, 2014 12:00am
LUMHS dental education moot tomorrow

LUMHS dental education moot tomorrow

Pakistan's first ever dental education conference is being held at Liaquat University of Medical and Health Sciences Jamshoro on Saturday as well dentistry skill laboratory will also be inaugurated. The moot has been organised by Institute of Dentistry un
Published 14 Nov, 2014 12:00am
61 Pakistani companies among 145 to participate in IDEAS-2014

61 Pakistani companies among 145 to participate in IDEAS-2014

As many as 61 Pakistani companies of public and private sector with total 145 companies will participate in IDEAS-2014; Pakistani large and small defence equipment and products manufacturing companies will showcase their high-tech products at IDEAS-2014 s
Published 14 Nov, 2014 12:00am
Two killed in Mastung firing

Two killed in Mastung firing

Two persons have reportedly been killed in firing on Quetta-Karachi highway passing through Mastung here on Thursday. According to police said that unknown armed attackers opened fire at a vehicle, leaving two persons dead. "Unidentified armed assailants
Published 14 Nov, 2014 12:00am
Around 99 alleged criminals held

Around 99 alleged criminals held

City police on Thursday claimed to have arrested around 99 alleged criminals in different targeted raids and encounters conducted at various parts of metropolis on Thursday. According to sources, police conducted some 106 targeted raids and five encounter
Published 14 Nov, 2014 12:00am
Khan can't bring revolution by sit-ins: Gilani

Khan can't bring revolution by sit-ins: Gilani

Former Prime Minister (PM) Yousuf Raza Gilani on Thursday stated that chairman Pakistan Tehrik-e-Insaf (PTI) Imran Khan cannot bring revolution by sit-ins whereas elections will be conducted on time. Talking to media here, ex-PM Gilani said that Pakistan
Published 14 Nov, 2014 12:00am
PQFTL signs Banca Takaful agreement with JS Bank

PQFTL signs Banca Takaful agreement with JS Bank

Pak Qatar Family Takaful Limited (PQFTL) signed a Banca Takaful agreement with JS Bank Limited. This agreement marks the first direct arrangement between Pak-Qatar Family Takaful & any Bank for Banca Takaful.
Published 14 Nov, 2014 12:00am
PQFTL signs Banca Takaful agreement with JS Bank

PQFTL signs Banca Takaful agreement with JS Bank

Pak Qatar Family Takaful Limited (PQFTL) signed a Banca Takaful agreement with JS Bank Limited. This agreement marks the first direct arrangement between Pak-Qatar Family Takaful & any Bank for Banca Takaful.
Published 14 Nov, 2014 12:00am
SMIU Senate approves master plan of Malir campus

SMIU Senate approves master plan of Malir campus

The first Senate meeting of Sindh Madressat-ul-Islam University (SMIU) was held here on Thursday at Governor House. The meeting presided over by the University's Chancellor, Sindh Governor Dr Ishratul Ebad Khan, approved and endorsed the previous decision
Published 14 Nov, 2014 12:00am
Lasbela Chamber chief urges SBP to cut interest rate

Lasbela Chamber chief urges SBP to cut interest rate

Lasbela Chamber of Commerce and Industry's (LCCI) President Yakoob A. Karim has said that bank financing for industrial sector was not affordable in the wake of high interest rate in the region. Urging the State Bank of Pakistan to make a drastic cut in t
Published 14 Nov, 2014 12:00am
PF&VMA's chief grieved

PF&VMA's chief grieved

Haji Karim Buksh, uncle of Waheed Ahmed, President Pakistan Fruits and Vegetables Merchants Association (PF&VMA), passed away on Thursday morning. His funeral prayer was offered at Dhorajee's mosque.
Published 14 Nov, 2014 12:00am
PIA appeals passengers to reach early at airports

PIA appeals passengers to reach early at airports

In order to maintain timely departures and arrivals of PIA flights and for the convenience of passengers, PIA requests its valued passengers to reach at least 2-4 hours early at airports in Pakistan before the flight departure time. PIA valued passengers
Published 14 Nov, 2014 12:00am
Four killed in separate incidents

Four killed in separate incidents

Four persons were killed while two others injured in separate incidents of violence, here on Thursday. According to police and rescue sources, Noor son of Lakhano, was gunned down by unidentified assailants at Super Highway in the limits of Memon Goth pol
Published 14 Nov, 2014 12:00am
Forex reserves down by $176 million

Forex reserves down by $176 million

Pakistan's total liquid foreign reserves fell by $176 million during the last week mainly due to debt servicing. According to weekly forex reserve report issued by the State Bank of Pakistan on Thursday, the country's total foreign liquid reserves stood a
Published 14 Nov, 2014 12:00am
Moot on investment

Moot on investment

Apropos 'Need investment? Do some introspection!' carried by Business Recorder in its 'Analyses and Comments' columns, on October 30, it has been argued that nearly all the government officials gave their sweet talk [at the investment conference of
Published 14 Nov, 2014 12:00am
'Grand Theft Auto' gang sows terror in Moscow

'Grand Theft Auto' gang sows terror in Moscow

Russia has been hunting a mysterious gang that has terrorised Moscow motorists in recent months with a series of murders resembling the violent video game Grand Theft Auto. The gang - swiftly dubbed the GTA gang by Russian media after the video game that
Published 14 Nov, 2014 12:00am
Takata's airbag defect explodes into global crisis

Takata's airbag defect explodes into global crisis

Japanese auto parts maker Takata is facing the biggest test in its 80-year history amid lawsuits, a possible criminal probe, and accusations of "deception and obfuscation" over an air bag defect linked to several US deaths. The company's shares have plung
Published 14 Nov, 2014 12:00am
Democratisation of political parties

Democratisation of political parties

The failure of democracy in Pakistan, among many other factors, is attributable to lack of democratic values within political parties-they are dominated by individuals who openly defy laws and avoid transparency in their affairs. It is sad to note that po
Published 14 Nov, 2014 12:00am
IS' 'growing' threat to Pakistan

IS' 'growing' threat to Pakistan

In a recent report to the federal government and law enforcement agencies the Balochistan government, as quoted by a section of the press, warned of the so-called Islamic State's "growing footprint in Pakistan" and its recruitment of 10,000 to 12,000 peop
Published 14 Nov, 2014 12:00am
Weaknesses in BISP

Weaknesses in BISP

Initiated by the PPP government and continued by the PML (N) dispensation with high hopes of helping the poor, Benazir Income Support Programme (BISP) does not appear to be as useful as believed earlier. According to a survey-based study, titled "Conditio
Published 14 Nov, 2014 12:00am
FPCCI presidential polls: TIAG to support Mian Anjum Nisar

FPCCI presidential polls: TIAG to support Mian Anjum Nisar

Trade and Industrial Associations of Gujrat (TIAG) have announced to support Mian Anjum Nisar in the presidential elections of Federation of Pakistan Chambers of Commerce and Industry (FPCCI). According to Pakistan Industrial and Traders Association Front
Published 14 Nov, 2014 12:00am
LCCI asks SBP to cut interest rate by at least 150bps

LCCI asks SBP to cut interest rate by at least 150bps

The Lahore Chamber of Commerce and Industry (LCCI) has demanded of the State Bank of Pakistan to bring down interest rate by at least 150 to 200 basis points to revive the industrial sector. LCCI President Ijaz A Mumtaz in a statement on Thursday said the
Published 14 Nov, 2014 12:00am
Hussain Khar sent to jail on judicial remand

Hussain Khar sent to jail on judicial remand

A judicial magistrate here on Thursday sent Hussain Khar, son of former governor Ghulam Mustafa Khar, to jail for identification parade along with three other suspects allegedly involved in a dacoity. CIA police produced the suspects before the court and
Published 14 Nov, 2014 12:00am
Dairy sector: interactive session on Pak-Dutch opportunities held

Dairy sector: interactive session on Pak-Dutch opportunities held

The Embassy of the Kingdom of the Netherlands hosted an interactive session on "Exploring Opportunities in the Dairy Sector: Avenues of Pak-Dutch Co-operation" here on Thursday in collaboration with the Dairy Training Centre and Solve AgriPak. Participant
Published 14 Nov, 2014 12:00am
APTMA secures power, gas supply during winter

APTMA secures power, gas supply during winter

Central Chairman APTMA S M Tanveer said on Thursday that successful negotiations of textile industry's representatives with the government have resulted into complete exemption from electricity loadshedding for the textile industry units on independent fe
Published 14 Nov, 2014 12:00am
CEO PBIT to attend UK-Pak Energy Dialogue 2014

CEO PBIT to attend UK-Pak Energy Dialogue 2014

Chief Executive Officer of Punjab Board of Investment and Trade (PBIT) Muhammad Ilyas Ghauri will participate in the UK-Pakistan Energy Dialogue 2014 which is being hosted at the Lancaster House, London, UK. He is part of the delegation led by Prime Minis
Published 14 Nov, 2014 12:00am
FPCCI urged to raise voice against smuggling, under-invoicing

FPCCI urged to raise voice against smuggling, under-invoicing

Business circles demanded the Federation of Pakistan Chambers of Commerce and Industry should engage the government to root out smuggling and under-invoicing that is depriving millions of workers their jobs as domestic industries cave in to untaxed import
Published 14 Nov, 2014 12:00am
Model Town incident: petition against Punjab chief minister dismissed

Model Town incident: petition against Punjab chief minister dismissed

The Lahore High Court here on Thursday dismissed a petition seeking disqualification of Chief Minister Punjab Shahbaz Sharif accused of Model Town killings. Earlier, a law officer told to the court that the petitioner could not appear in the court since t
Published 14 Nov, 2014 12:00am
Belarus opens embassy in Islamabad

Belarus opens embassy in Islamabad

The Republic of Belarus opened its embassy here in Pakistan on Thursday to further promote bilateral relations, especially in the field of trade and economics. Foreign Secretary Aizaz Ahmed Chaudhry and visiting Deputy Foreign Minister of Republic of Bela
Published 14 Nov, 2014 12:00am
PTI's tsunami: Imran accuses Nawaz, Zardari of hatching 'London Plan'

PTI's tsunami: Imran accuses Nawaz, Zardari of hatching 'London Plan'

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Thursday said that 'ring piston' of both Nawaz Sharif and Asif Ali Zardari had blown, forcing them to hatch a 'London Plan' against the tsunami, which is all set to hit Larkana and Islamabad soon.
Published 14 Nov, 2014 12:00am
Vet department to charge fee on selling animals

Vet department to charge fee on selling animals

Karachi Metropolitan Corporation's (KMC) Veterinary Services department has been allowed to charge Rs 40 as entry tax/fee per animal being brought by dairy farmers for sale to the sale point, established at the Landhi's old slaughter house. The decision h
Published 14 Nov, 2014 12:00am
Rental power case: Court seeks foreign suspects' presence

Rental power case: Court seeks foreign suspects' presence

Accountabi-lity court on Thursday directed the National Accountability Bureau (NAB) to ensure the presence of foreign suspects in Rental power scandal. Justice Muhammad Basheer was hearing the case. Former prime minister Raja Pervez Ashraf was not present
Published 14 Nov, 2014 12:00am
Section 311 of CrPC: matter fixed for regular hearing

Section 311 of CrPC: matter fixed for regular hearing

The Supreme Court on Thursday removed registrar's office objection over a criminal petition relating to commuting punishment in a criminal case and issued directives to the concerned office to fix the matter for regular hearing under Article 184 (3). A tw
Published 14 Nov, 2014 12:00am
Ombudsman forms committee on Khairpur accident

Ombudsman forms committee on Khairpur accident

Federal Ombudsman Salman Farooqui has taken notice of Khairpur accident and formed a four-member committee to collect details about factors leading to the accident. The committee under supervision of Senior Advisor Imtiaz Illahi will conduct an inquiry an
Published 14 Nov, 2014 12:00am