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Dec 04, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-11-18
Dutch earn resounding win as Italy held

Dutch earn resounding win as Italy held

The Netherlands recorded a morale-boosting win in qualifying for Euro 2016 on Sunday while Italy saw their perfect start to the campaign ended by Croatia in an eventful encounter. Guus Hiddink had indicated that he would resign as coach of the Dutch if th
Published 18 Nov, 2014 12:00am
Injured Clarke could skip India Tests

Injured Clarke could skip India Tests

Injured Australia captain Michael Clarke could miss the upcoming Tests against India as he focuses on being fit for next year's World Cup and Ashes series, a report said on Monday. The opening batsman, 33, has never missed a home Test but Cricket Australi
Published 18 Nov, 2014 12:00am
Cummins, Starc get chance as Johnson rests

Cummins, Starc get chance as Johnson rests

Strike bowler Mitchell Johnson will be rested for the remainder of Australia's one-day series against South Africa, with quicks Pat Cummins and Mitchell Starc on Monday getting call-ups. Johnson, named the ICC's Cricketer of the Year last week for a secon
Published 18 Nov, 2014 12:00am
Srinivasan cleared of corruption

Srinivasan cleared of corruption

An investigation into corruption and betting scandals has exonerated world cricket chief Narayanaswami Srinivasan, clearing the way for his comeback as head of the sport in India, a court heard Monday. Srinivasan, considered the most powerful man in world
Published 18 Nov, 2014 12:00am
World Cup whistleblowers slam FIFA

World Cup whistleblowers slam FIFA

Whistleblowers who played a key role in World Cup corruption allegations have made a formal complaint to FIFA that promises to maintain their confidentiality have been broken, Britain's national Press Association news agency reported Monday. Phaedra Almaj
Published 18 Nov, 2014 12:00am
Eriksson set for $6 million contract in China

Eriksson set for $6 million contract in China

Former England manager Sven-Goran Eriksson is poised to land his second big-money contract in the Chinese Super League (CSL) after leaving Guangzhou R&F following just one full season, reports said Monday. The Swede is being hotly tipped to join Shanghai
Published 18 Nov, 2014 12:00am
England confirm South Africa tour schedule

England confirm South Africa tour schedule

England's tour of South Africa in 2015/16 will span just over two months, the England and Wales Cricket Board confirmed Monday as they released the fixture schedule. All three formats of the international game will be on show during a December-February tr
Published 18 Nov, 2014 12:00am
Ton-up Latham anchors New Zealand in second Test

Ton-up Latham anchors New Zealand in second Test

Opener Tom Latham scored his second successive hundred to guide New Zealand to 243-3 on the opening day of the second Test against Pakistan in Dubai on Monday. The 22-year-old followed his 103 in the first Test with another confident unbeaten 137 to help
Published 18 Nov, 2014 12:00am
Britain's Prince in Saudi Arabia

Britain's Prince in Saudi Arabia

Britain's Prince Andrew, the second son of Queen Elizabeth II, was in Saudi Arabia on Monday to reinforce longstanding ties between the kingdoms, the British embassy said. The visit came at the request of the British government and would focus on "co-oper
Published 18 Nov, 2014 12:00am
Top North Korea envoy in Moscow for Putin talks

Top North Korea envoy in Moscow for Putin talks

A special envoy of North Korean leader Kim Jong-un arrived in Moscow on Monday for talks with President Vladimir Putin as Pyongyang seeks allies to fend off a UN resolution calling for a probe into crimes against humanity. Choe Ryong-Hae, who holds the ra
Published 18 Nov, 2014 12:00am
Bangladesh navy halts ship carrying hundreds of migrants

Bangladesh navy halts ship carrying hundreds of migrants

Bangladesh's navy on Monday intercepted a ship in the Bay of Bengal carrying hundreds of migrants being taken to Malaysia by people-smugglers, officers said. Most of the would-be migrants were from Bangladesh, but some were thought to be from Myanmar, an
Published 18 Nov, 2014 12:00am
Doctor with Ebola dies at Nebraska hospital

Doctor with Ebola dies at Nebraska hospital

A surgeon who was infected with Ebola while working in his native Sierra Leone died Monday, becoming the second patient in the United States to succumb to the hemorrhagic virus. Martin Salia, 44, a legal US resident, was infected with Ebola while treating
Published 18 Nov, 2014 12:00am
Moscow expels Polish diplomats in spying row

Moscow expels Polish diplomats in spying row

Russia has expelled a number of Polish diplomats accusing them of activities "incompatible with their status" in response to expulsions of Russian diplomats by Warsaw, the foreign ministry said on Monday. The ministry confirmed Polish media reports that s
Published 18 Nov, 2014 12:00am
EU sanctions separatists as Ukraine crisis deepens

EU sanctions separatists as Ukraine crisis deepens

The EU agreed Monday to blacklist more Ukrainian separatists but stopped short of fresh economic sanctions against Russia, as Moscow expelled several diplomats in a deepening of the worst East-West crisis since the Cold War. Fresh bloodshed between pro-Kr
Published 18 Nov, 2014 12:00am
Romania's new president vows to tackle corruption

Romania's new president vows to tackle corruption

Hours after pulling off Romania's biggest political earthquake since the revolution which overthrew Nicolae Ceausescu, the country's soft-spoken new president followed through Monday on his vow to tackle corruption. Klaus Iohannis, the ethnic German mayor
Published 18 Nov, 2014 12:00am
Fire at factory in eastern China kills 18

Fire at factory in eastern China kills 18

Eighteen people died in a fire at a food packaging plant in China, state media said Monday, the latest accident in a country blighted by poor industrial safety standards. The blaze happened Sunday evening at a carrot packaging workshop belonging to Longyu
Published 18 Nov, 2014 12:00am
Turkish diplomat named Nato's representative in Afghanistan

Turkish diplomat named Nato's representative in Afghanistan

Turkey's top diplomat in Afghanistan has been appointed as Nato's senior representative in the war-torn country, the Turkish foreign ministry and the military alliance said Monday. Nato Secretary General Jens Stoltenberg has appointed Ambassador Ismail Ar
Published 18 Nov, 2014 12:00am
Egyptian woman dies of bird flu

Egyptian woman dies of bird flu

An Egyptian woman has died of bird flu in the southern province of Assiut, a health official said Monday, the second death from the H5N1 virus in Egypt this year. The 22-year-old woman died on Sunday after she was diagnosed with the disease on November 10
Published 18 Nov, 2014 12:00am
Japan CO2 emissions hit record yearly high

Japan CO2 emissions hit record yearly high

Japan's carbon dioxide emissions hit a record high in the year to March due to the nation's reliance on fossil fuels following the 2011 Fukushima nuclear disaster, an official said Monday. CO2 emissions related to the use of non-renewables reached 1.224 b
Published 18 Nov, 2014 12:00am
'Possible' second Frenchman in IS execution video

'Possible' second Frenchman in IS execution video

French prosecutors said Monday they were investigating two Frenchmen suspected of taking part in the beheading of Syrian prisoners shown in an Islamic State video. The prosecutor's office confirmed the first was 22-year-old Maxime Hauchard from Normandy i
Published 18 Nov, 2014 12:00am
Kerry broadside against IS: 'We are not intimidated'

Kerry broadside against IS: 'We are not intimidated'

US Secretary of State John Kerry launched a withering critique of the Islamic State Monday, blasting extremist brutality and insisting the world will not be intimidated in the battle against "barbarism." Kerry's anti-IS broadside followed the jihadist gro
Published 18 Nov, 2014 12:00am
Israel bars Norwegian doctor, but denies life ban

Israel bars Norwegian doctor, but denies life ban

Israel has blocked Norwegian doctor Mads Gilbert from entering the country and thereby accessing the Gaza Strip, but denied Monday it had imposed a lifelong ban on the outspoken medic. "He has been banned from entering Israel," foreign ministry spokesman
Published 18 Nov, 2014 12:00am
Palestinian bus driver found hanged in Jerusalem

Palestinian bus driver found hanged in Jerusalem

A Palestinian bus driver was found hanged in his vehicle in west Jerusalem overnight, in what Israeli police said was an apparent suicide but a colleague said looked like murder. The incident happened late on Sunday, with a supervisor finding his body at
Published 18 Nov, 2014 12:00am
Sweden says no plans to open Ramallah embassy

Sweden says no plans to open Ramallah embassy

Sweden said Monday it will not open an embassy in Ramallah even though it has officially recognised the state of Palestine, the first major EU nation to do so. "Nobody has opened an embassy in Ramallah, and we think that this can be managed by the consula
Published 18 Nov, 2014 12:00am
44 alleged criminals held in various raids

44 alleged criminals held in various raids

The police on Monday claimed to have arrested around 44 alleged criminals in different targeted raids and encounters conducted at various parts of the metropolis during last 24 hours. According to police, they have conducted some 78 targeted raids and two
Published 18 Nov, 2014 12:00am
Sindh Assembly passes arms licence and other bills

Sindh Assembly passes arms licence and other bills

The Sindh Assembly on Monday unanimously passed 'The Sindh Arms (Amendment) Bill, 2014' into law to empower the provincial government to issue new or extend the validity of existing arms licences for possession across the entire country. With insertion of
Published 18 Nov, 2014 12:00am
50bps cut in discount rate termed insufficient

50bps cut in discount rate termed insufficient

Business community has expressed mixed reaction over the monetary policy announced by State Bank of Pakistan (SBP) for the next two months. President Korangi Association of Trade and Industry (KATI) Rashid Ahmed Siddiqui has welcomed SPB decision to reduc
Published 18 Nov, 2014 12:00am
DG Khan Cement Company

DG Khan Cement Company

DG Khan Cement Company Limited (DGKC) was formed in 1978 as a private limited company under the management control of State Cement Corporation of Pakistan Limited. In April 1986, the company initiated its commercial production with 2000 tons per day clink
Published 18 Nov, 2014 12:00am
DG Khan Cement Company

DG Khan Cement Company

DG Khan Cement Company Limited (DGKC) was formed in 1978 as a private limited company under the management control of State Cement Corporation of Pakistan Limited. In April 1986, the company initiated its commercial production with 2000 tons per day clink
Published 18 Nov, 2014 12:00am
Nasim Wali unable to rally crowds in ANP-W party

Nasim Wali unable to rally crowds in ANP-W party

Begum Nasim Wali Khan, widow of the late nationalist leader Abdul Wali Khan and president of her own faction of Awami National Party-Wali (ANP-W), has so far been unable to attract large scale support from ANP workers. The widow of Abdul Wali Khan and dau
Published 18 Nov, 2014 12:00am
Hilly areas of AJK & KP: Erra completes 40,000 rain harvesting schemes

Hilly areas of AJK & KP: Erra completes 40,000 rain harvesting schemes

The Earthquake Reconstruction Rehabilitation Authority (Erra) has successfully completed 40,000 rain harvesting schemes in hilly areas of Azad Jammu and Kashmir and Khyber Pakhtunkhwa, costing Rs 550 million. This was stated by the Project Director Syed Z
Published 18 Nov, 2014 12:00am
Denmark's success based on coherent, efficient government system: envoy

Denmark's success based on coherent, efficient government system: envoy

The Ambassador of Denmark, Jesper Moller Sorensen has said that Denmark, like Pakistan, is a country with a long agriculture tradition. Speaking at the International Food Conference here on Monday, he said, "Even today, agriculture and farming is one of t
Published 18 Nov, 2014 12:00am
FBR rejects WHT audit plan of Karachi RTO-III

FBR rejects WHT audit plan of Karachi RTO-III

The Federal Board of Revenue (FBR) has rejected 'withholding tax audit plan for 2014' of the Regional Tax Office-III (RTO) Karachi, directing the concerned Chief Commissioner to chalk out a special plan of action for handling government department (withho
Published 18 Nov, 2014 12:00am
President meets Islamic states' ambassadors

President meets Islamic states' ambassadors

President Mamnoon Hussain on Monday emphasised that Muslim Ummah should work in unison by undertaking concerted initiatives for advancing universal modern science and technical education in their respective countries for human resource development and to
Published 18 Nov, 2014 12:00am
'Rawalpindi-Islamabad MBP to be completed by end of January'

'Rawalpindi-Islamabad MBP to be completed by end of January'

The Metro Bus Project Implementation Committee is hopeful to get the Rawalpindi-Islamabad metro-bus project (MBP) completed by the end of January 2015 as major work on Benazir Bhutto Shaheed Road and Ninth Avenue has been completed. Chairman of the projec
Published 18 Nov, 2014 12:00am
NAB KP files reference against tax officials

NAB KP files reference against tax officials

National Accountability Bureau (NAB) Khyber Pakhtunkhwa on Monday formally filed a reference against Amjad Qadoos, Special Officer, Inland Revenue, Masood-ur-Rehman Supervisor, and Muhammad Haroon Superintendent RTO Abbottabad for amount of Rs 23.127 mill
Published 18 Nov, 2014 12:00am
Two-day Belgian food festival at Islamabad Marriot Hotel

Two-day Belgian food festival at Islamabad Marriot Hotel

Islamabad Marriott Hotel in collaboration with the Royal Embassy of Belgium will organise a 2-day Belgian Food Festival during November 18-to-19, 2014. Everyone is invited to take a culinary trip to Belgium with renowned Chef Matthias Vanacker. Using high
Published 18 Nov, 2014 12:00am
Four of a family die in road accident

Four of a family die in road accident

At least four persons of a same family including husband, wife and two children were killed when their car overturned near Mehran Motorway interchange here on Monday. According to police sources, the vehicle was heading towards Peshawar when it met a trag
Published 18 Nov, 2014 12:00am
Khattak takes oath as new Chairman FPSC

Khattak takes oath as new Chairman FPSC

President Mamnoon Hussain administered the oath of office to Major General Niaz Muhammad Khan Khattak (Retd) as the Chairman Federal Public Service Commission (FPSC) in a ceremony held here on Monday. Members of FPSC, Secretary Establishment Division and
Published 18 Nov, 2014 12:00am
Power loom workers protest high power tariff, loadshedding

Power loom workers protest high power tariff, loadshedding

Workers of power loom sector organised a rally and staged a demonstration on Monday to protest against the high power tariff and long duration of power loadshedding which caused the joblessness of workers. The workers carrying banners and placards inscrib
Published 18 Nov, 2014 12:00am
KPT coal terminal poses serious health threat to people, SHC told

KPT coal terminal poses serious health threat to people, SHC told

Sindh High Court (SHC) was informed on Monday that Karachi Port Trust (KPT) was operating a coal-handling terminal in Shireen Jinnah Colony without adhering to the environmental laws which not only constitute an environmental hazard but also pose a seriou
Published 18 Nov, 2014 12:00am
Substantial improvement claimed in dengue situation in Punjab

Substantial improvement claimed in dengue situation in Punjab

Advisor on Health Punjab Khawaja Salman Rafiq has said that there is a substantial improvement in dengue situation in the province while dengue larvae reporting has also reduced considerably in Rawalpindi as well. While presiding over a meeting of cabinet
Published 18 Nov, 2014 12:00am
Much-awaited drug pricing policy may be finalised today

Much-awaited drug pricing policy may be finalised today

Drug Regulatory Authority of Pakistan (DRAP) and the representatives of the pharmaceutical industry are likely to finalise much-awaited drug pricing policy at a meeting, scheduled to be held on Tuesday (Nov18). The recommendations of the meeting, being co
Published 18 Nov, 2014 12:00am
PU holds seminar on new trends in film production

PU holds seminar on new trends in film production

With a view to apprise the students about importance of filmmaking and cinema, a seminar on "New Trends in Film Production" was held at the Hameed Nizami Hall of the Punjab University (PU) Institute of Communication Studies. Actor, Producer and Director S
Published 18 Nov, 2014 12:00am
Newly-built bridge opened for traffic in Malir

Newly-built bridge opened for traffic in Malir

Sindh Governor Dr. Ishrat-ul-Ebad and Chief Minister Syed Qaim Ali Shah on Monday inaugurated newly-constructed bridge here on Thado Nalo, Malir. The bridge was constructed by the Karachi Metropolitan Corporation (KMC) at a cost of Rs 130 million in nine
Published 18 Nov, 2014 12:00am
PPP seeks National Assembly debate on plight of NWA IDPs

PPP seeks National Assembly debate on plight of NWA IDPs

The Pakistan People's Party (PPP) on Monday submitted an adjournment motion in the National Assembly to discuss the issue of Internally Displaced Persons (IDPs). The adjournment motion, "relates to appalling state of the Internally Displaced Persons (IDPs
Published 18 Nov, 2014 12:00am
KP to construct 356 small, medium hydel power stations

KP to construct 356 small, medium hydel power stations

The provincial government of Khyber Pakhtunkhwa has launched the initiative of the construction of 356 small and medium hydel power stations to provide free electricity to the far-flung areas of the province. This was disclosed by the Khyber Pakhtunkhwa M
Published 18 Nov, 2014 12:00am
Open kutchery: SSP Islamabad orders action against criminals

Open kutchery: SSP Islamabad orders action against criminals

Senior Superintendent of Police Islamabad Asmatullah Junejo has directed all police officials to take strict action against those involved in drug peddling, encroachment and launch effective crackdown against street criminals in their respective areas. He
Published 18 Nov, 2014 12:00am
Shia leaders demand JC to probe targeted killings

Shia leaders demand JC to probe targeted killings

Shia leaders have demanded of the government to constitute a high-level judicial commission to probe into the targeted killings of the members of the community and bring the culprits to justice. Speaking at a joint press conference, here at Peshawar Press
Published 18 Nov, 2014 12:00am
Attack on PTV was government's maneuvering: Qadri

Attack on PTV was government's maneuvering: Qadri

Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri on Monday said that the attack on PTV and Parliament House was all government's maneuvering to build phony cases against him. Talking to media persons at Heathrow Airport, Qadri dismissed the allegations
Published 18 Nov, 2014 12:00am
Innovative business approaches: Shell Tameer awards young entrepreneurs

Innovative business approaches: Shell Tameer awards young entrepreneurs

As Shell Tameer celebrates a decade of generating entrepreneurship opportunities, here on Monday. Four winners were awarded at the 7th Awards Ceremony at the Mohatta Palace. Twelve entrepreneurs were short-listed from a total of 250 entries from across Pa
Published 18 Nov, 2014 12:00am
ICAP conference on 'Public Financial Management' from November 24

ICAP conference on 'Public Financial Management' from November 24

Public Finance Management (PFM) is a vital component of self-determined and sustainable development of any country. Through a country's budget, development strategies are put into practice. The transparent management of these budgets is an integral part o
Published 18 Nov, 2014 12:00am
Pak Suzuki launches new version of GD110 motorbike

Pak Suzuki launches new version of GD110 motorbike

Pak Suzuki recently arranged a ceremony at a local hotel to launch a new version of Suzuki GD110 motorbike series by the name of GD110S. The newly introduced motorbike has reinvigorated features of comfort and modernity. The aim of the ceremony was to cre
Published 18 Nov, 2014 12:00am
IGI Life Insurance signs agreement with Faysal Bank

IGI Life Insurance signs agreement with Faysal Bank

IGI Life Insurance Limited (Formerly American Life Insurance Company (Pakistan) Limited) signed a "Bancassurance Distribution Agreement" with Faysal Bank Limited recently at Karachi. According to this agreement, Faysal Bank will offer IGI Life Bancassuran
Published 18 Nov, 2014 12:00am
President hails Hassan Sadpara's efforts

President hails Hassan Sadpara's efforts

President Mamnoon Hussain appreciated the feats of Hassan Sadpara as a veteran mountaineer and earning the unique distinction of being the first Pakistani for successfully scaling six peaks above 8,000 meters out of the fourteen highest peaks of the world
Published 18 Nov, 2014 12:00am
IESCO stops power supply for maintenance

IESCO stops power supply for maintenance

According to IESCO Spokesman, due to electricity maintenance/development work, power supply of the following feeders would remain suspended as under:- On November from 18 09:00am to 02:00pm, Raja Sultan, A-Block, Shaheed Muhammad, Liaqat Bagh, Industrial,
Published 18 Nov, 2014 12:00am
CPSP's e-log system termed exemplary

CPSP's e-log system termed exemplary

Terming e-log system of the College of Physicians and Surgeons Pakistan (CPSP) as exemplary for Saarc region countries, Prof Lamawansa, General Secretary of Saarc Surgical Society, said the Saarc countries must follow this system. Declaring the system a p
Published 18 Nov, 2014 12:00am
Envoy urges Pakistani businessmen to explore untapped Russian market

Envoy urges Pakistani businessmen to explore untapped Russian market

Russian Ambassador Alexey Yurivich Dedov has said that Pakistani businessmen should explore untapped Russian market to get right place for Pakistani products due to high quality. He expressed the optimism that both Pakistan and Russian businessmen could e
Published 18 Nov, 2014 12:00am
'Plastic bags playing havoc with marine life, environment'

'Plastic bags playing havoc with marine life, environment'

Pakistan is still lagging far behind in the region with regards to protecting marine life, environment and human health from the dangers of plastic bags. Marine life's very important role in echo system is in danger due to plastic garbage being thrown in
Published 18 Nov, 2014 12:00am
Farmers' Alliance: Wattoo urges early release of leaders

Farmers' Alliance: Wattoo urges early release of leaders

PPP Punjab President Mian Manzoor Ahmed Wattoo has called for immediate release of Farmers' Alliance leaders. He strongly condemned arrests of the leadership of the Farmers' Alliance and urged the Punjab government to release the arrested ones and avoid v
Published 18 Nov, 2014 12:00am
Zaeem says nothing will happen on November 30

Zaeem says nothing will happen on November 30

Spokesman for the Punjab government and PML-N leader Syed Zaeem Hussain Qadri has said that Imran Khan had been pursuing negative politics since he announced sit-in against the democratic rule and now PTI had become a fascist party after coming out of mai
Published 18 Nov, 2014 12:00am
Textile industry: PYMA hails exemption from power loadshedding

Textile industry: PYMA hails exemption from power loadshedding

Pakistan Yarn Merchants Association (PYMA) Central Chairman M Akram Pasha, Vice Chairman Adnan Zahid Butt have hailed the exemption of textile industry from electricity loadshedding and have demanding similar exemption from gas loadshedding.
Published 18 Nov, 2014 12:00am
Ufone, Sayyed Engineers sign agreement

Ufone, Sayyed Engineers sign agreement

Ufone, one of Pakistan's top telecom operators', providing services to the corporate world and its customers has entered into an agreement with Sayyed Engineers Limited - the manufacturer of the famous Piano & Tempo stationery brands through its financial
Published 18 Nov, 2014 12:00am
Three-day IER conference on education begins

Three-day IER conference on education begins

Punjab University Institute of Education and Research (IER) is organising Pakistan's biggest three-day conference on education titled "International Conference on Research in Education (ICORE 2014)." PU VC Dr Mujahid Kamran will inaugurate the conference
Published 18 Nov, 2014 12:00am
Punjab government approves four uplift schemes

Punjab government approves four uplift schemes

The Punjab government on Monday approved four development schemes of various development sectors with an estimated cost of Rs 7,386.199 million including one scheme of irrigation sector for canalisation flood water of Dek Nullah at cost of Rs 5,621.351 mi
Published 18 Nov, 2014 12:00am
Siraj to present 'Peoples Agenda' in JI Ijtema

Siraj to present 'Peoples Agenda' in JI Ijtema

The three-day Ijtema (congregation) of the Jamaat-i-Islami, Pakistan, at the Minar-e-Pakistan will commence with a spirited address by the chief of the Akhwanul Muslimoon at the Juma (Friday) prayer, according to the schedule announced here on Monday. Ame
Published 18 Nov, 2014 12:00am
Saudi investment group shows keen interest in Punjab power sector

Saudi investment group shows keen interest in Punjab power sector

President and Chief Executive Officer of a Saudi group associated with energy sector Anwar Aleitani met Punjab Chief Minister Shahbaz Sharif here on Monday. The matters regarding investment in energy and other sectors were discussed in detail in the meeti
Published 18 Nov, 2014 12:00am
Kisan Ittehad calls off protest after meeting chief minister Punjab

Kisan Ittehad calls off protest after meeting chief minister Punjab

A delegation of Kisan Ittehad led by Khalid Khokhar met Punjab Chief Minister Muhammad Shahbaz Sharif here Monday and called off their protest. Talking to the delegation, Shahbaz Sharif assured that all necessary steps will be taken for the uplift of agri
Published 18 Nov, 2014 12:00am
Regulators merging three Islamic investment firms

Regulators merging three Islamic investment firms

Regulators are merging three small Islamic investment firms after the central bank took control of Karachi-based KASB Bank Limited, accelerating efforts to strenghten financing by investment partnerships. Last week, the government directed the central ban
Published 18 Nov, 2014 12:00am
Lal Masjid case: plea for second FIR dismissed by IHC

Lal Masjid case: plea for second FIR dismissed by IHC

The Additional Session Judge Islamabad on Monday rejected an application seeking registration of a second First Investigation Report (FIR) of the Lal Mashid killings against former president General Pervaiz Musharraf (Retd), former Prime Minister Shaukat
Published 18 Nov, 2014 12:00am
PEELI celebrates one year anniversary

PEELI celebrates one year anniversary

The Punjab Education and English Language Initiative (PEELI) was jointly run by British Council and the Punjab government celebrated its one year anniversary at Lahore. A panel discussion was held in which the panellists highlighted key issues related to
Published 18 Nov, 2014 12:00am
Test launch of Hatf IV Ballistic Missile conducted successfully

Test launch of Hatf IV Ballistic Missile conducted successfully

Pakistan on Monday conducted a successful test launch of Intermediate Range Shaheen 1A (Hatf IV) Ballistic Missile. The successful launch was aimed at re-validating various design and technical parameters of the weapon system. Shaheen 1A Missile is capabl
Published 18 Nov, 2014 12:00am
PSO asks PIA to clear Rs 12.1 billion outstanding

PSO asks PIA to clear Rs 12.1 billion outstanding

The management of Pakistan State Oil (PSO) has asked the Pakistan International Airlines' (PIA) authorities to clear Rs 12.1 billion outstanding dues otherwise the company would not be in a position to continue fuel supply to the national flag carrier. So
Published 18 Nov, 2014 12:00am
PSO asks PIA to clear Rs 12.1 billion outstanding

PSO asks PIA to clear Rs 12.1 billion outstanding

The management of Pakistan State Oil (PSO) has asked the Pakistan International Airlines' (PIA) authorities to clear Rs 12.1 billion outstanding dues otherwise the company would not be in a position to continue fuel supply to the national flag carrier. So
Published 18 Nov, 2014 12:00am
Zero loadshedding for industry being observed

Zero loadshedding for industry being observed

All the electricity Distribution Companies (Discos) have informed Ministry of Water and Power that the decision of zero loadshedding for all industries throughout the country is being implemented. The Ministry has been in constant touch with all the Disco
Published 18 Nov, 2014 12:00am
Korean Exim Bank to finance establishment of first technology park

Korean Exim Bank to finance establishment of first technology park

The Korean Exim Bank has agreed to finance the establishment of the first Technology Park in Pakistan to promote IT and Telecom sector with a cost of $50 million, it is learnt. Official sources revealed to Business Recorder that the concept of IT P
Published 18 Nov, 2014 12:00am
LG polls: petition against Punjab government filed

LG polls: petition against Punjab government filed

A bar member Rizwan Gill has approached the Lahore High Court against Punjab government seeking directions for holding local government elections in the Punjab immediately. The petition stated that the government has been violating the Constitution by not
Published 18 Nov, 2014 12:00am
RCCI for swift work on Tapi project

RCCI for swift work on Tapi project

The Executive Committee of Rawalpindi Chamber of Commerce and Industry (RCCI) showed concerns over unavailability of gas and low pressure in the City with the start of winter season. President RCCI Syed Asad Mashadi while chairing the executive committee
Published 18 Nov, 2014 12:00am
Immigrants launch hunger strike over Pakistani's death, conditions

Immigrants launch hunger strike over Pakistani's death, conditions

Hundreds of illegal immigrants being held at a Greek detention centre launched a hunger strike Monday to protest the death of a Pakistani inmate and conditions at the overcrowded camp. The strike at the centre in Amygdaleza, which is 10 kilometres (6 mile
Published 18 Nov, 2014 12:00am
Weaknesses in BISP: clarification

Weaknesses in BISP: clarification

Apropos editorial "Weaknesses in BISP" carried by Business Recorder on 14th November, 2014, the editorial primarily focuses on a survey conducted by Policy Research Institute of Market Economy to estimate the efficacy and effectiveness of "conditio
Published 18 Nov, 2014 12:00am
World's first oil well still bubbling up black gold in Poland

World's first oil well still bubbling up black gold in Poland

The smell of money hangs thick in the air as black crude oil bubbles up from what is billed as the world's oldest oil well, but this is not Texas or Saudi Arabia. The sleepy village of Bobrka in southern Poland lays claim to the planet's first oil well an
Published 18 Nov, 2014 12:00am
FDI - the bottlenecks

FDI - the bottlenecks

While the MoUs signed during the Prime Minister's latest visit to China remain controversial, his visit to Germany and meeting Chancellor Angela Merkel was significant. Since 1959, Germany has been Pakistan's friend, is now its biggest trading partner in
Published 18 Nov, 2014 12:00am
SBP plays it prudently, cautiously, deceptively

SBP plays it prudently, cautiously, deceptively

After keeping the policy rate unchanged at 10.0 percent for almost a year, the State Bank of Pakistan (SBP) finally softened its monetary stance somewhat and reduced the rate to 9.5 percent per annum. In its Monetary Policy Decision released on 15th Novem
Published 18 Nov, 2014 12:00am
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