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Dec 05, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-12-04
Australian dollar sinks to four-year lows

Australian dollar sinks to four-year lows

The Australian dollar tumbled to four-year lows on Wednesday after a surprisingly soft reading on economic growth prompted markets to raise the chance of an interest rate cut next year. The Australian dollar slumped two-thirds of a cent to $0.8392, its we
Published 04 Dec, 2014 12:00am
Gerrard scores as Liverpool down 10-man Leicester

Gerrard scores as Liverpool down 10-man Leicester

Liverpool captain Steven Gerrard marked his return to the side by scoring a crucial second goal as Brendan Rodgers's side came from behind to win 3-1 away to strugglers Leicester City on Tuesday. Gerrard's goal came just a day after Liverpool manager Rodg
Published 04 Dec, 2014 12:00am
Boateng wants to be Germany's first black captain

Boateng wants to be Germany's first black captain

Bayern Munich defender Jerome Boateng has said it would be a "huge honour" to one day lead Germany out as the first black captain of the World Cup holders. When Philipp Lahm retired after winning the World Cup in July, Bastian Schweinsteiger succeeded him
Published 04 Dec, 2014 12:00am
IPTL razzmatazz tempered by Hughes funeral

IPTL razzmatazz tempered by Hughes funeral

An emotional Lleyton Hewitt dedicated his International Premier Tennis League win to fellow Australian Phillip Hughes on Wednesday as the tragic cricketer's funeral injected a sombre note into the glitzy event. Hewitt said he watched all of Wednesday's me
Published 04 Dec, 2014 12:00am
England beat Sri Lanka in third one-dayer

England beat Sri Lanka in third one-dayer

England defeated Sri Lanka by five wickets in the rain-affected third one-day international in Hambantota on Wednesday to record their first win in the seven-match series. The tourists, chasing a revised Duckworth-Lewis target of 236 in 35 overs, cruised
Published 04 Dec, 2014 12:00am
Belmonte breaks 200m butterfly shortcourse record

Belmonte breaks 200m butterfly shortcourse record

Mireia Belmonte set a new 200m women's butterfly short course world record at the world championships in Doha on Wednesday. The Spaniard posted a time of 1min 59.61sec to claim the world title, taking 1.17secs off the previous best set by China's Liu Zige
Published 04 Dec, 2014 12:00am
Malala U-21 National Women Cricket Championship begins

Malala U-21 National Women Cricket Championship begins

The inaugural Malala U-21 National Women Cricket Championship 2014 is being held from December 4 to 18, 2014 at the Country Club, Muridke. The championship will consist of 12 regional teams and will be spread over two rounds - the Qualifying and the Final
Published 04 Dec, 2014 12:00am
Chief of Naval Staff Amateur Golf Championship tomorrow

Chief of Naval Staff Amateur Golf Championship tomorrow

The three-day Chief of Naval Staff Amateur Golf Championship 2014 will get underway here at the magnificent and stimulating, par-72 Royal Palm Golf and Country Club Golf Course from Friday (December 5). Commodore S.M. Shahzad, Station Commander, Pakistan
Published 04 Dec, 2014 12:00am
Canadian ice hockey legend dies

Canadian ice hockey legend dies

Canadian ice hockey legend Jean Beliveau died at his Quebec home on Tuesday at the age of 83 following a long illness, his former club the Montreal Canadiens have announced. The Quebec native from Trois-Rivieres played 20 seasons with the Canadiens betwee
Published 04 Dec, 2014 12:00am
Pakistan, New Zealand dedicate T20 trophy to Hughes

Pakistan, New Zealand dedicate T20 trophy to Hughes

Pakistan and New Zealand dedicated the trophy for their two Twenty20 matches in the Dubai starting on Thursday in memory of Australian batsman Phillip Hughes who died last week. Hughes died last Thursday, two days after being hit by a bouncer in a first c
Published 04 Dec, 2014 12:00am
Emotional farewell for Phillip Hughes

Emotional farewell for Phillip Hughes

Cricketing greats bid an emotional farewell to Phillip Hughes at a funeral service in his home town Wednesday, as Australia stopped to remember the batsman whose death from a freak injury sent shockwaves through the sport. A lone cricket bat rested agains
Published 04 Dec, 2014 12:00am
Japan successfully launches asteroid probe

Japan successfully launches asteroid probe

Japan on Wednesday successfully launched a probe destined for a distant asteroid on a six-year mission, just weeks after a European spacecraft's historic landing on a comet. The explorer, Hayabusa 2, blasted off aboard Japan's main H-IIA rocket from Taneg
Published 04 Dec, 2014 12:00am
Sweden's prime minister calls March 22 snap election

Sweden's prime minister calls March 22 snap election

Sweden's Social Democrat Prime Minister Stefan Loefven called snap elections Wednesday after a far-right party defeated his budget, plunging the two-month old government into crisis. The announcement of March 22 polls followed failure by the ruling minori
Published 04 Dec, 2014 12:00am
US pilots hurt in Saudi plane crash

US pilots hurt in Saudi plane crash

The American pilot and co-pilot of a Cessna airplane were slightly hurt Wednesday evening when they crashed short of a runway in the Saudi capital, a civil aviation spokesman said. The pilot radioed that he needed to make an emergency landing because he h
Published 04 Dec, 2014 12:00am
Colombian plane crash kills 10

Colombian plane crash kills 10

Ten people were killed Wednesday when a small plane crashed in central Colombia after developing technical problems, officials said. Colonel Carlos Roche, the deputy director of Colombia's aviation authority, said the plane encountered difficulties while
Published 04 Dec, 2014 12:00am
Four killed in Somali Shebab suicide attack on UN convoy

Four killed in Somali Shebab suicide attack on UN convoy

Four people were killed and nine wounded in Somalia's capital Mogadishu on Wednesday when a suicide bomber rammed a car packed with explosives into a UN convoy, police and rebels said. The convoy of armoured vehicles were ferrying staff between Mogadishu'
Published 04 Dec, 2014 12:00am
Former concert pianist is new Swiss president

Former concert pianist is new Swiss president

The Swiss parliament on Wednesday elected justice minister Simonetta Sommaruga, a former concert pianist, to the largely symbolic position of president of Switzerland. The choice of the 54-year-old was all but certain as it was her turn among the seven-me
Published 04 Dec, 2014 12:00am
Nato agrees to keep military channels open with Russia

Nato agrees to keep military channels open with Russia

Nato said Wednesday it will keep military channels of communication with Russia open to avoid any misunderstandings over military activity, as the Ukraine crisis stokes tensions not seen since the Cold War. The 28 member states of the US-led alliance, set
Published 04 Dec, 2014 12:00am
British vlogger beats JK Rowling with best-seller

British vlogger beats JK Rowling with best-seller

A British video blogger has sold more than 78,000 copies of her first book in a week, beating established authors like JK Rowling and Dan Brown. "Girl Online" by 24-year-old Zoe Sugg set a record for sales of a debut novel in Britain, the media reported o
Published 04 Dec, 2014 12:00am
Another French presidential aide bites the dust

Another French presidential aide bites the dust

Francois Hollande was dealt another blow Wednesday after an advisor suspected of misusing company assets resigned, the French president's latest close associate to step down under a cloud of controversy. Faouzi Lamdaoui, Hollande's chief of staff during h
Published 04 Dec, 2014 12:00am
EU releases 500 million euros in aid to Ukraine

EU releases 500 million euros in aid to Ukraine

The European Union released 500 million euros in loans to Ukraine on Wednesday, the latest portion of a 1.6 billion ($2 billion) aid programme launched in March to rescue an almost bankrupt Kiev government. The expected payout comes a day after Ukrainian
Published 04 Dec, 2014 12:00am
Corruption worsening in Turkey and China

Corruption worsening in Turkey and China

Corruption has worsened in China, Turkey and other fast-growing economies, a watchdog warned Wednesday, urging the world's banking centres to help combat graft and money-laundering. Transparency International released its annual Corruption Perceptions Ind
Published 04 Dec, 2014 12:00am
Egypt to outlaw 'insults' against uprisings: Sisi

Egypt to outlaw 'insults' against uprisings: Sisi

Egypt is to make it illegal to "insult" the revolts that led to the ouster of President Abdel Fattah al-Sisi's two predecessors, his office said on Wednesday. Hosni Mubarak stepped down after an 18-day uprising began on January 25, 2011, and his successor
Published 04 Dec, 2014 12:00am
Turkey introduces new government controls on judiciary

Turkey introduces new government controls on judiciary

Turkey's parliament has passed a contested bill further tightening the Islamic-rooted government's control over the judiciary, state media said Wednesday. The new legislation, adopted late Tuesday after heated debate, seeks to restructure the higher echel
Published 04 Dec, 2014 12:00am
Campaigners winning war to wipe out landmines

Campaigners winning war to wipe out landmines

Global efforts to eradicate landmines are bearing fruit, campaigners said Wednesday, noting that the number of victims injured by the deadly weapons have fallen to the lowest level in 14 years. Nobel winners, the International Campaign to Ban Landmines, s
Published 04 Dec, 2014 12:00am
US teacher stabbed to death in Abu Dhabi mall

US teacher stabbed to death in Abu Dhabi mall

An American teacher and mother of twins was stabbed to death in a shopping centre toilet in Abu Dhabi by a suspect in a Muslim veil, police said Wednesday. It was unclear what the motive was for Monday's attack in the upmarket Boutik Mall on Al Reem Islan
Published 04 Dec, 2014 12:00am
Palestinian stabs two Israelis in West Bank

Palestinian stabs two Israelis in West Bank

A Palestinian teen stabbed two Israelis in a West Bank settlement in "an apparent terror attack" on Wednesday before a security guard shot him in the leg, police said. Police spokeswoman Luba Samri said in a statement that the alleged attacker was a 16-ye
Published 04 Dec, 2014 12:00am
Boeing completes test flight with 'green diesel'

Boeing completes test flight with 'green diesel'

Boeing announced Wednesday that it completed the first test flight with "green diesel," which offers potential for reducing greenhouse gas emissions in aviation. A Boeing 787 dubbed the ecoDemonstrator successfully flew with 85 percent conventional fuel a
Published 04 Dec, 2014 12:00am
Cotton futures eke out gain after setting one-week low

Cotton futures eke out gain after setting one-week low

Cotton futures recovered earlier losses and closed higher on Tuesday as bargain hunting at the day's lows offset pressure from a broader commodities sell-off. The second-month March cotton contract on ICE Futures US 0.2 cent, or 0.3 percent, at 59.38 cent
Published 04 Dec, 2014 12:00am
Shanghai copper slips

Shanghai copper slips

The most-traded February copper contract on the Shanghai Futures Exchange slipped 0.2 percent to 45,230 yuan ($7,358) a tonne on Wednesday as ongoing credit difficulties in top consumer China and a stronger dollar checked bargain hunting, after prices dro
Published 04 Dec, 2014 12:00am
Copper slips on dollar strength, demand uncertainty

Copper slips on dollar strength, demand uncertainty

London copper prices eased on Wednesday, under pressure from the dollar's strength and uncertainty over demand for industrial metals, although falls were limited by data showing the services sector in China grew marginally faster in November. A buoyant do
Published 04 Dec, 2014 12:00am
Brent holds at around $70, US crude up in volatile trade

Brent holds at around $70, US crude up in volatile trade

Brent fell to around $70 a barrel on Wednesday while US crude rose to above $67 after data showed a tumble in US crude inventories even as a report suggested Saudi Arabia expects still lower prices for oil. The US government's Energy Information Administr
Published 04 Dec, 2014 12:00am
Rubber down

Rubber down

Benchmark Tokyo rubber futures inched lower on Wednesday, paring its 1.1 percent gain of the previous day, dragged down by weak Shanghai futures, but further declines were capped on the yen's slide to a seven-year low against the dollar. Tokyo Commodity E
Published 04 Dec, 2014 12:00am
Soya and corn plunge

Soya and corn plunge

US soyabean futures dropped 2.1 percent to their lowest in more than five weeks on Tuesday on good conditions for growth in Brazil and Argentina, technical pressure and a steep decline in soyaoil prices, traders said. The South American weather also weigh
Published 04 Dec, 2014 12:00am
Palm oil rebounds

Palm oil rebounds

Malaysian palm oil futures rebounded in late Wednesday trade to their highest in nearly a week, reversing intraday losses as gains in competing soyaoil markets as well as hopes for smaller output in December supported prices. Prices in early trade had sli
Published 04 Dec, 2014 12:00am
Sugar at 2-1/2-month lows, arabica up

Sugar at 2-1/2-month lows, arabica up

Sugar futures on ICE fell to new session lows for the fourth straight day on Wednesday, reaching levels last seen in September on pressure from the firm US dollar and concern about ethanol prices after the oil market's recent plunge. Arabica coffee on ICE
Published 04 Dec, 2014 12:00am
Gold dips in New York

Gold dips in New York

Gold slipped on Tuesday as a strong dollar and signals the US economy is benefiting from a decline in oil prices renewed expectations of a tightening in monetary policy by the US Federal Reserve around the middle of next year. Spot gold dipped 0.95 percen
Published 04 Dec, 2014 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold steadied near $1,200 an ounce on Wednesday as a rise in oil prices provided support, but strength in the dollar and optimism about the US economy weighed on the metal's appeal as a hedge. Bullion also got some help from inflows of 2.4 tonnes into SPD
Published 04 Dec, 2014 12:00am
Gold rises above $1,200 in European trade

Gold rises above $1,200 in European trade

Gold rose above $1,200 an ounce, boosted by firmer oil prices on Wednesday that prompted investors to shuffle positions in a volatile market. The metal had fallen to a near-three-week low on Monday after Switzerland voted against a proposal to boost its g
Published 04 Dec, 2014 12:00am
US MIDDAY: wheat sags

US MIDDAY: wheat sags

US wheat futures fell 2.1 percent on Wednesday, retreating from near six-month highs on a round of profit taking and ideas that the rally had made US supplies uncompetitive on the global market, traders said. Corn and soyabeans eased too, weighed down by
Published 04 Dec, 2014 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold rose 1 percent above $1,200 an ounce early on Wednesday, boosted by firmer oil prices that prompted investors to shuffle positions in volatile trading. The metal had fallen to a near three-week low on Monday after Switzerland voted against a proposal
Published 04 Dec, 2014 12:00am
Trapped for $500 debts: the misery of 'slaves'

Trapped for $500 debts: the misery of 'slaves'

Ranjhan has spent 40 years working in a brick kiln as a bonded labourer, tied to his employer by a debt his pitiful salary will never enable him to repay. He is one of more than two million Pakistanis that campaigners say are trapped in "modern-day slaver
Published 04 Dec, 2014 12:00am
Banking community Fifth NDC & Temenos User Group event hosted

Banking community Fifth NDC & Temenos User Group event hosted

National Data Consultant (NDC) and Temenos Group AG jointly hosted the 5th annual NDC & Temenos User Group in Karachi, for the banking community in Pakistan. The event was an open forum for customers, users, partners and industry peers to share and discus
Published 04 Dec, 2014 12:00am
Two cops shot dead in Quetta

Two cops shot dead in Quetta

Two cops were killed in firing on police mobile van here on Wednesday. Police said that unknown miscreants opened fire at a police mobile while it was on routine patrol in Shalkot area of Quetta. A cop died on the spot in the firing while another was inju
Published 04 Dec, 2014 12:00am
Six alleged criminals killed in two encounters

Six alleged criminals killed in two encounters

The city police on Wednesday killed six criminals in two different raids who were allegedly involved in several criminal activities, including targeted killing. According to officials at Gulzar Hijri police station, police on a tip-off conducted a raid in
Published 04 Dec, 2014 12:00am
Turkey allocates $1 billion for financing uplift projects

Turkey allocates $1 billion for financing uplift projects

Turkey has allocated $1 billion to finance different projects - biometric electoral solution, road infrastructure, e-government, city safety projects, etc in Pakistan. Talking to Business Recorder, Bunyamin Kahraman and Tariq Aziz, representatives
Published 04 Dec, 2014 12:00am
APL signs accord with JX Nippon Oil, Energy Japan

APL signs accord with JX Nippon Oil, Energy Japan

The APL has signed an agreement with JX Nippon Oil & Energy Corporation Japan for joint business collaboration in lubricants throughout Pakistan. APL is the 3rd largest oil marketing company and an associate of the only vertically integrated oil group in
Published 04 Dec, 2014 12:00am
SU introduces printed challans for admission fees payment

SU introduces printed challans for admission fees payment

In order to save the time of candidates and avoid overwriting as well as tempering of admission challans, the Sindh University (SU) Jamshoro has introduced printed name-wise bank challans for the deposit of admission fees in various disciplines of Bachelo
Published 04 Dec, 2014 12:00am
TEVTA trains 3,047 staff members during 2013-14

TEVTA trains 3,047 staff members during 2013-14

Technical And Vocational Training Authority (TEVTA) has trained 3047 staff members in a variety of disciplines during 2013-14. These trainings would be reflected in enhanced professional capability of TEVTA teachers for imparting skills to the trainees. C
Published 04 Dec, 2014 12:00am
'Vast trade potential exists between Pakistan, Malaysia'

'Vast trade potential exists between Pakistan, Malaysia'

Director Strategic Planning to Prime Minister of Malaysia, Datuk Shahlan Ismail, said here on Wednesday that vast trade potential existed between Pakistan and Malaysia. Datuk Ismail, who is currently leading a trade and investment delegation of his countr
Published 04 Dec, 2014 12:00am
Auctioned amenity plots: SHC gives KMC more time to submit details

Auctioned amenity plots: SHC gives KMC more time to submit details

The Sindh High Court (SHC) on Wednesday gave the Karachi Metropolitan Corporation (KMC) administrator more time to submit details of nine amenity plots which were auctioned by it for generating revenue. Headed by Justice Sajjad Ali Shah, a SHC division be
Published 04 Dec, 2014 12:00am
FFC constructs welfare complex in Hyderabad

FFC constructs welfare complex in Hyderabad

With a vision to serve the communities of the deprived areas of Sindh, the Fauji Fertilizer Company (FFC) constructed FF welfare complex and Lieutenant General Muhammad Mustafa Khan (R), Managing Director of the Fauji Foundation inaugurated it on Wednesda
Published 04 Dec, 2014 12:00am
Promote competence, opportunity in women for progress: President FWBL

Promote competence, opportunity in women for progress: President FWBL

"There is an acute need to promote competence and opportunity in women for the progression of Pakistan," said Tahira Raza President First Women Bank Ltd (FWBL) in an interview with a private TV. Keeping in view that women constitute 52pc of Pakistan's pop
Published 04 Dec, 2014 12:00am
'Taxpayers are valuable assets, deserve respect'

'Taxpayers are valuable assets, deserve respect'

Chief Commissioner Inland Revenue, Regional Tax Office, Dr Ikram Ghani has said that taxpayers are valuable asset of the country and each and every taxpayer deserves utmost respect from tax officials. It is very important in Pakistan to promote tax cultur
Published 04 Dec, 2014 12:00am
'Pak-US cooperation vital to enhance investment, trade ties'

'Pak-US cooperation vital to enhance investment, trade ties'

US Ambassador to Islamabad Richard Olson Wednesday said continued co-operation between Pakistan and the United States was necessary for enhancing their trade and investment ties, and supporting Pakistani entrepreneurs. He was talking to the Overseas Inves
Published 04 Dec, 2014 12:00am
Real estate agents meet Administrator DHA

Real estate agents meet Administrator DHA

A group of Defence/Clifton Association of Real Estate Agents and various stakeholders held a meeting at DHA Head Office Karachi. Administrator DHA Brigadier Zubair Ahmed warmly welcomed the members of the Real Estate Association. He appreciated the effort
Published 04 Dec, 2014 12:00am
Bank AL Habib has network of 455 branches

Bank AL Habib has network of 455 branches

Bank AL Habib Monthly Saver Account caters to the banking and saving needs of individuals of all age groups and profession. The account features monthly payment of profit @ 7 percent p.a. calculated on average balance with no restriction on withdrawals. L
Published 04 Dec, 2014 12:00am
No progress in bringing back Baloch separatists to negotiation table

No progress in bringing back Baloch separatists to negotiation table

There has been no significant progress in bringing the Baloch separatists to the negotiation table, it has been learnt. Official sources told Business Recorder that Balochistan Chief Minster Dr Abdul Malik Baloch has made several attempts to persua
Published 04 Dec, 2014 12:00am
E-Governance being adopted to deliver efficient public services: Anusha

E-Governance being adopted to deliver efficient public services: Anusha

In a bid to make governance more effective and achieve the goals of the government efficiency, effectiveness, transparency, accountability in decision-making and to deliver efficient and cost-effective public services to citizens, E-Governance is being ad
Published 04 Dec, 2014 12:00am
ACCA UK signs MoU with ICMAP Pakistan

ACCA UK signs MoU with ICMAP Pakistan

The Association of Chartered Certified Accountants of UK (ACCA UK) and Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) signed a Memorandum of Understanding (MoU) to enhance the existing academic recognition arrangements between th
Published 04 Dec, 2014 12:00am
Government urged to pursue policy of equitable taxation system

Government urged to pursue policy of equitable taxation system

Experts have urged the government to pursue policy of equitable taxation system, withdraw concessions and exemptions and reprioritise public spending for doing away with the prevalent 'political economy' of inequality. They stated this here on Wednesday d
Published 04 Dec, 2014 12:00am
Contempt of court case: notices issued to Interior Secretary

Contempt of court case: notices issued to Interior Secretary

The Islamabad High Court on Wednesday issued notices to the secretary, Ministry of Interior, in a contempt of court petition filed by former managing director (MD) of Pakistan Tourism Development Corporation (PTDC) Mir Shah Jahan Khetran, who is being inv
Published 04 Dec, 2014 12:00am
Petition challenging ICT AG's appointment rejected

Petition challenging ICT AG's appointment rejected

The Islamabad High Court on Wednesday rejected a petition challenging the appointment of Advocate General for Islamabad Capital Territory (ICT). A single-member bench headed by Justice Athar Minallah resumed the hearing of the petition filed by Muhammad A
Published 04 Dec, 2014 12:00am
'Honesty, courtesy basic traits: Dy IG NH&MP

'Honesty, courtesy basic traits: Dy IG NH&MP

Deputy Inspector General of National Highway and Motorway Police Bashir Ahmad Memon has said that honesty and courtesy are the basic traits that made this department symbol of pride for the nation. "The good name of the department is matter of pride and d
Published 04 Dec, 2014 12:00am
LDA auctions various plots worth Rs 699 million

LDA auctions various plots worth Rs 699 million

Lahore Development Authority (LDA) has generated a sum of Rs 699 million through auction of different plots on Wednesday. Highlight of the day was the auction of three big commercial plots of Finance and Trade Centre, Johar Town, Lahore, the first ever pl
Published 04 Dec, 2014 12:00am
QIA keen to invest in various projects

QIA keen to invest in various projects

Qatar Investment Authority (QIA) has expressed willingness to invest in various development projects in Pakistan. Qatar Investment Authority made this announcement during a meeting with Punjab Chief Minister Shahbaz Sharif here on Wednesday in Doha.
Published 04 Dec, 2014 12:00am
Work on restoration of bridge to begin soon: Dasti assured

Work on restoration of bridge to begin soon: Dasti assured

Commissioner Multan Muhammad Asad has assured Jamshed Khan Dasti MNA and other protestors that work on the restoration of Muhammad Wala Bridge would start during the current month. "We have called the tenders from registered contractors and the Punjab gov
Published 04 Dec, 2014 12:00am
'FSC playing vital role in revival of foundry industry'

'FSC playing vital role in revival of foundry industry'

The Foundry Service Centre (FSC), set up by the Small and Medium Enterprises Development Authority (SMEDA) in collaboration with University of Engineering and Technology (UET) and Pakistan Foundry Association (PFA), is playing vital role in revival of the
Published 04 Dec, 2014 12:00am
Political leaders show solidarity with special people at sit-in

Political leaders show solidarity with special people at sit-in

To create awareness and to show solidarity with the special people, a symbolic sit-in under the patronage of Ghazali Education Trust(GET) was arranged in front of the Punjab Assembly building. The individuals and the representatives of the political parti
Published 04 Dec, 2014 12:00am
Nearly 50 huts gutted in Multan fire

Nearly 50 huts gutted in Multan fire

As many as 50 huts were gutted when a fire broke out at the Juggi Colony on Azmat Wasti Road on Wednesday early in the morning. Entire goods reduced to ashes. However, rescue teams saved all the inhabitants. No one was injured. Though the authorities are
Published 04 Dec, 2014 12:00am
Zardari greets workers for holding successful Foundation Day

Zardari greets workers for holding successful Foundation Day

PPP Co-chairman and former President of Pakistan Asif Ali Zardari congratulated the party workers on Wednesday for organising a successful Foundation Day. He was talking to party workers on his visit to PPP Punjab office in Model Town. PPP Punjab Presiden
Published 04 Dec, 2014 12:00am
Construction of elevated expressway: LHC asks LDA to justify urgency

Construction of elevated expressway: LHC asks LDA to justify urgency

A full bench of the Lahore High Court here on Wednesday asked Lahore Development Authority (LDA) to justify urgency being shown in construction of "Elevated Expressway" from Gulberg to Motorway II interchange on Thursday (today). The bench was hearing a n
Published 04 Dec, 2014 12:00am
Two killed in DIK

Two killed in DIK

Two persons were killed and eight others injured in separate incidents here on Wednesday. According to details, two motorcyclists opened fire on a youngster sitting at roadside of Qazi Khokhar bridge within limits of Pharpur police station killing him on
Published 04 Dec, 2014 12:00am
Punjab government takes steps to rehabilitate special children

Punjab government takes steps to rehabilitate special children

Provincial Minister for Special Education Asif Saeed Manhais has said that government is taking all possible steps for rehabilitation of special children so that they could be able to discharge their responsibilities themselves instead of becoming burden
Published 04 Dec, 2014 12:00am
FTA with China: PCJCCI chief seeks strategy to get full benefits

FTA with China: PCJCCI chief seeks strategy to get full benefits

President of Pak-China Joint Chamber of Commerce and Industry (PCJCCI) Shah Faisal Afridi has stressed the need for evolving a better strategy to review and empower the manufacturing sector besides recasting it according to trends in the Chinese markets t
Published 04 Dec, 2014 12:00am
PU celebrates International Day of Persons with Disabilities

PU celebrates International Day of Persons with Disabilities

Punjab University's Child Welfare Centre (CWC) organised an event to celebrate the "International Day of Persons with Disabilities" here on Wednesday at CWC. Dean Faculty of Education Professor Dr Mumtaz Akhtar, renowned social worker Raja Munawar, Princi
Published 04 Dec, 2014 12:00am
Tusdec evolves plan to assist industrial sector

Tusdec evolves plan to assist industrial sector

"Technology Upgradation and Skill Development Company (Tusdec) has evolved a plan to assist industrial sector primarily to enhance productivity and competitiveness." Project Director Tusdec Sadia Masood said this while talking at Surgical Instruments Manu
Published 04 Dec, 2014 12:00am
Rice growers: government to pay Rs 5,000 per acre subsidy: minister

Rice growers: government to pay Rs 5,000 per acre subsidy: minister

Federal Minister for Food Security and Research Sikandar Hayat Bosan has said that the government will pay Rs 5,000 per acre as subsidy to the rice growers to compensate them. Talking to media persons here on Wednesday, Bosan said that the country's food
Published 04 Dec, 2014 12:00am
Ban on new connections: SNGPL faces 1400mcf overall gas shortfall: MD

Ban on new connections: SNGPL faces 1400mcf overall gas shortfall: MD

Sui Northern Gas Pipeline Limited (SNGPL) Managing Director Arif Hameed has said that SNGPL faces an overall gas shortfall of 1400 million cubic feet which was a main reason of ban on new connections imposed by the Government of Pakistan. He said that SNG
Published 04 Dec, 2014 12:00am
Declining oil prices: remittance flows may not be affected: Ishrat

Declining oil prices: remittance flows may not be affected: Ishrat

Declining oil prices may not impact on remittance flows as the major oil producers have built-up high foreign-exchange reserves to deal with such eventualities. This was stated by Dr Ishrat Hussain, former Governor of the State Bank and currently Dean, IB
Published 04 Dec, 2014 12:00am
Donkey meat impounded

Donkey meat impounded

Police on Wednesday impounded several hundred kilograms of donkey meat which was to be sold to consumers here. According to reports, a police team raided a place where several donkeys, the meat of which is Haram for eating in Islam, were being slaughtered
Published 04 Dec, 2014 12:00am
'Land computerisation being carried out in Punjab on war footing'

'Land computerisation being carried out in Punjab on war footing'

Senior Member Board of Revenue Punjab Nadeem Ashraf has said that work of land computerisation is being carried out on war footing throughout the province. "Mechanism of co-ordination is our top priority so that land record and property of every Pakistani
Published 04 Dec, 2014 12:00am
AML/CFT regime: APG team coming to assess level of implementation

AML/CFT regime: APG team coming to assess level of implementation

A 5-member Asia-Pacific Regional Review Group (AP-RRG) is visiting Pakistan to assess the implementation level of anti-money laundering and combating financing of terrorism (AML/CFT) regime of Pakistan. In this regard, Executive Secretary, APGML (Asia Pac
Published 04 Dec, 2014 12:00am
'Constitution allows PTI to block cities, roads'

'Constitution allows PTI to block cities, roads'

PTI Punjab President Ejaz Ahmed Chaudhry said the Constitution allows the PTI to hold sit-in and block cities and roads. However, he made clear that the PTI would not intercept ambulances. Rather, he said the PTI would itself pave the way for ambulances.
Published 04 Dec, 2014 12:00am
SCCI assisting women entrepreneurs: Jilani

SCCI assisting women entrepreneurs: Jilani

President, Sialkot Chamber of Commerce and Industry (SCCI), Fazal Jilani, has said that the chamber is providing necessary guidance and assistance to women entrepreneurs. He said that the SCCI was committed to extending all possible co-operation and suppo
Published 04 Dec, 2014 12:00am
Ahsan lauds PN's role for stability of Indian Ocean region

Ahsan lauds PN's role for stability of Indian Ocean region

Federal Minister for Planning and Development Ahsan Iqbal has said knowledge should be used to create opportunities and cope with emerging challenges as countries are facing many security challenges because of continuous transformation in the global syste
Published 04 Dec, 2014 12:00am
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