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Print - 2015-01-23
Suspension of gas supply forces industries to shut down

Suspension of gas supply forces industries to shut down

All the industrial units operating on gas in the Site industrial area remained closed for the third consecutive day on Thursday, creating a livelihood problem for the labourers associated with them. The affected industrialists apprehended that Pakistan ma
Published 23 Jan, 2015 12:00am
SSUET holds orientation session for new academic year 2015

SSUET holds orientation session for new academic year 2015

The new academic year at Sir Syed University of Engineering and Technology started with an impressive orientation session held at the campus. The students admitted to different disciplines of engineering for the Batch 2015 were provided the vision and aca
Published 23 Jan, 2015 12:00am
Pacra assigns final rating of "AA" to the sukuk of PMCL

Pacra assigns final rating of "AA" to the sukuk of PMCL

The Pakistan Credit Rating Agency Limited (PACRA) has assigned a final rating of "AA" (Double A) [Preliminary; AA] to the proposed and secured Sukuk of Rs 6,900 million (including green shoe option of Rs 2,100 million) by Pakistan Mobile Communications Li
Published 23 Jan, 2015 12:00am
Pacra assigns final rating of "AA" to the sukuk of PMCL

Pacra assigns final rating of "AA" to the sukuk of PMCL

The Pakistan Credit Rating Agency Limited (PACRA) has assigned a final rating of "AA" (Double A) [Preliminary; AA] to the proposed and secured Sukuk of Rs 6,900 million (including green shoe option of Rs 2,100 million) by Pakistan Mobile Communications Li
Published 23 Jan, 2015 12:00am
38 Indian fishermen arrested

38 Indian fishermen arrested

Marine forces have arrested 38 Indian fishermen for violating territorial waters in the Arabian Sea, police said on Thursday. Maritime Security Agency (MSA) detained the fishermen on Wednesday after they strayed into Pakistani waters, and they were handed
Published 23 Jan, 2015 12:00am
Petrol pumps' managers held for overcharging

Petrol pumps' managers held for overcharging

District administration Peshawar on Thursday arrested the managers of 12 filling stations for overcharging in official petrol price. According to details, Deputy Commissioner (DC) Peshawar, Syed Zaheer-ul-Islam have received a tip-off overcharging in sell
Published 23 Jan, 2015 12:00am
UAE authorities give Uzair Baloch's custody to Interpol

UAE authorities give Uzair Baloch's custody to Interpol

The United Arab Emirates (UAE) authorities on Thursday gave the custody of Uzair Baloch to the Interpol. The Sindh government has handed over all the related documents to the Foreign Ministry. Earlier, Baloch was arrested from an airport in Dubai upon his
Published 23 Jan, 2015 12:00am
Wapda workers stage protest against privatisation

Wapda workers stage protest against privatisation

All Pakistan WAPDA Hydro Electric Workers Union (APWHEWU) staged a protest rally against the proposed privatisation of WAPDA and its distribution companies. The rally was taken out from Labour Hall Gadikhata and culminated at Hyderabad Press Club (HPC) on
Published 23 Jan, 2015 12:00am
Government to begin temporary registration of Afghan DPs

Government to begin temporary registration of Afghan DPs

The federal government has decided to start temporary registration of Afghan refugees before formulating a policy to send them back to their country. The registration would be for six months. A senior official at the Ministry of State and Frontier Regions
Published 23 Jan, 2015 12:00am
60 suspects arrested in search operation

60 suspects arrested in search operation

Islamabad Police on Thursday arrested 60 suspects during search operation in various areas of the city, a police spokesman said. Inspector General Police (IGP) Islamabad Tahir Alam Khan directed all SDPOs and SHOs to enhance patrolling as well as checking
Published 23 Jan, 2015 12:00am
Pesco urges preventive steps during rains

Pesco urges preventive steps during rains

The Peshawar Electricity Supply Company (Pesco) has urged the consumers to adopt all precautionary measures during current winter rains to avoid electric shocks. These safety measures include, to properly "earthen" your electrical appliances and replace o
Published 23 Jan, 2015 12:00am
Altaf urges Army to takeover reigns of government

Altaf urges Army to takeover reigns of government

Muttahida Qaumi Movement (MQM) chief Altaf Hussain has said that a conspiracy is being hatched to establish India's monopoly in South Asia and use of sectarianism to destabilise Pakistan is part of that conspiracy. He also said that Pakistan Army should t
Published 23 Jan, 2015 12:00am
Three killed over old enmity

Three killed over old enmity

At least three persons including two women were killed and three others injured in exchange of firing over old enmity here on Thursday. Police said that armed men of two groups hailing from village Kamal Khel in suburbs of Kohat who were in old enmity. In
Published 23 Jan, 2015 12:00am
SDPI stands 19th in South Asia in global TTs ranking

SDPI stands 19th in South Asia in global TTs ranking

Think Tanks (TTs) play a prime role for the promotion of socio-economic development in a country besides serving as a platform for various stakeholders, guarding the larger interest of public on specific issues, and producing knowledge for decision-makers
Published 23 Jan, 2015 12:00am
Pending cases: - for establishment of independent insurance tribunal

Pending cases: - for establishment of independent insurance tribunal

The SECP has written to the Law and Justice Division, recommending it to establish a specialised and independent insurance tribunal in Islamabad in accordance with the provisions of the 2000 Insurance Ordinance to clear up the backlog of pending cases.
Published 23 Jan, 2015 12:00am
SECP extends applicability of Cost Accounting Records Order 2012

SECP extends applicability of Cost Accounting Records Order 2012

The Securities and Exchange Commission of Pakistan (SECP) has extended the applicability in respect of compliance of Synthetic and Rayon Companies (Cost Accounting Records) Order 2012. The decision has been taken by the SECP owing to practical difficultie
Published 23 Jan, 2015 12:00am
Senate elections: PTI to secure 4-5 seats easily from KP

Senate elections: PTI to secure 4-5 seats easily from KP

Owing to its strength in the Khyber Pakhtunkhawa Assembly, Pakistan Tehreek-e-Insaf (PTI) would easily secure 4 to 5 out of the 12 seats in the Upper House of the Parliament in the polls to be held on March 3, 2015.
Published 23 Jan, 2015 12:00am
Bilawal may join PML-Q, claims Arbab

Bilawal may join PML-Q, claims Arbab

Former Chief Minister Sindh, Arbab Ghulam Rahim of Pakistan Muslim League Quaid (PML-Q) on Thursday said Pakistan People's Party (PPP) chairman Bilawal Bhutto might join PML-Q. Talking to the media outside the assembly he said Pir Pagara's prediction of B
Published 23 Jan, 2015 12:00am
Two women found dead

Two women found dead

Two women have been found dead in airport hotel here on Thursday morning. Investigators are still trying to determine their cause of death. According to airport authorities, the deceased identified as Akhtar Mumtaz Bibi (66) daughter of Ghodhry Ghulam Nab
Published 23 Jan, 2015 12:00am
Hascol purchases 32,000 MT of petrol

Hascol purchases 32,000 MT of petrol

Hascol Petroleum has purchased 32,000 MT of petrol from ENOC which will reach Karachi by the 26th of January, 2015. This consignment is expected to ease the current shortfall in the country. As the nation-wide petrol shortage worsens by the day, Hascol is
Published 23 Jan, 2015 12:00am
Thousands protest against Charlie Hebdo

Thousands protest against Charlie Hebdo

Thousands of people marched through city on Thursday in the country's biggest protest yet against French satirical magazine Charlie Hebdo for publishing cartoons. The march through the streets is the biggest in a series of demonstrations against the magaz
Published 23 Jan, 2015 12:00am
Special campaign on measles from January 26

Special campaign on measles from January 26

The Punjab government has decided launching 15-day special campaign on measles from January 26 to February 9, and directed all the district administrations for monitoring and submission of measles reports on daily basis. MPA Ehsanuddin Qureshi has stated
Published 23 Jan, 2015 12:00am
Misappropriation in Housing Scheme: NAB arrests accused

Misappropriation in Housing Scheme: NAB arrests accused

Accused Ghulam Mohiudin, Director Sindh Fiza Social Welfare Organisation, has been arrested by NAB Karachi. The accused has been involved in misappropriation of worth Rs 363 million in the construction of low-cost Housing Scheme Benazir Housing Cell, Kara
Published 23 Jan, 2015 12:00am
Civil, army officials discuss security situation

Civil, army officials discuss security situation

A high-level meeting of southern Punjab senior military and civil administration was held here at Multan Corps Headquarters to discuss security situation. The meeting reviewed security arrangements here. The Inter-Services Public Relations officials said
Published 23 Jan, 2015 12:00am
First ever Pakistan Coating Show 2015 held

First ever Pakistan Coating Show 2015 held

Bin Rasheed Group for the very first time in the history of Pakistan has organised "Pakistan Coating Show 2015" in Lahore to showcase the products and technologies that are present and also that which are being nurtured in the coating industry of Pakistan
Published 23 Jan, 2015 12:00am
DICE Foundation launch ceremony on January 29

DICE Foundation launch ceremony on January 29

The launching ceremony of DICE (Distinguished Innovation, Collaboration and Entrepreneurship) Foundation will be held in new senate hall of the University of Agriculture Faisalabad (UAF) here on January 29, 2015. Engineer Rizwan Ashraf president Faisalaba
Published 23 Jan, 2015 12:00am
NA 124: Wattoo urges government to set up JC

NA 124: Wattoo urges government to set up JC

President Punjab PPP Central Mian Manzoor Ahmed Wattoo has called upon the government to immediately constitute the Judicial Commission(JC) of the Supreme Court to investigate the widespread allegations of rigging, especially after the publication of whit
Published 23 Jan, 2015 12:00am
Government defaulters SNGPL disconnects gas supply

Government defaulters SNGPL disconnects gas supply

Sui Northern Gas Pipelines Limited (SNGPL) has disconnected gas connections of government defaulters owe Rs 4.6 million on the directions of Managing Director SNGPL Arif Hameed. According to the spokesperson of the SNGPL company has disconnected gas conne
Published 23 Jan, 2015 12:00am
Imran and Reham Khan perform Umrah

Imran and Reham Khan perform Umrah

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan performed Umrah along with his newlywed wife Reham Khan. According to the reports, Imran Khan reached Jeddah on Tuesday night where he met a few businessmen and received donations for Shaukat Khanum Memor
Published 23 Jan, 2015 12:00am
Production of cars and trucks increased in first half of FY15

Production of cars and trucks increased in first half of FY15

Production and sale of cars, trucks and tractors have increased in the first half of FY 2014-15 as compared to the corresponding period of 2013-14. According to statistics released by the Pakistan Automotive Manufacturers Association(PAMA), production of
Published 23 Jan, 2015 12:00am
Sindh keen to take over control of Hesco & Sesco

Sindh keen to take over control of Hesco & Sesco

Sindh is seeking a better agreement with the federal government for taking over control of Hyderabad Electric Supply Company (Hesco) and Sukkur Electric Supply Company (Sesco) as well as for running power distribution network. This was stated by Sindh Fin
Published 23 Jan, 2015 12:00am
A new Cold War

A new Cold War

Apropos "Russia says US 'wants to dominate the world'" carried by Business Recorder yesterday, Russia seems to have plausibly reacted to President Barack Obama's State of the Union address, claiming it showed that the United States wanted to domina
Published 23 Jan, 2015 12:00am
Paradigm shift in Afghan policy raises hopes for peace

Paradigm shift in Afghan policy raises hopes for peace

The relationship between Afghanistan and Pakistan is improving, with officials and analysts saying the two countries are hopeful for regional peace as they join forces to fight extremism. Islamabad (dpa) - Pakistan's attitude toward Afghanistan began to c
Published 23 Jan, 2015 12:00am
Greek health cuts a matter of life and death on Samos

Greek health cuts a matter of life and death on Samos

Greece's economic woes mean that paramedics on the picturesque island of Samos are increasingly faced with the terrible dilemma of who to save and who to leave to die. On Sunday, Greeks vote in a general election for the second time in three years, with r
Published 23 Jan, 2015 12:00am
Sindh: tax collection performance

Sindh: tax collection performance

Like other provinces, Sindh is heavily dependent on the Federal Government for transfer of receipts from divisible pool. In the past these transfers remained highly unpredictable as Federal Board of Revenue (FBR) perpetually failed to meet the assigned ta
Published 23 Jan, 2015 12:00am
PTI's change of stance

PTI's change of stance

In accord with the prevailing circumstances, after calling off its 126-day long sit-in seeking redress for alleged electoral rigging complaints, the PTI has decided to shift its focus from disruptive protest politics to a constructive endeavour. Addressin
Published 23 Jan, 2015 12:00am
Resource constraints resurface

Resource constraints resurface

The federal government borrowed heavily from the commercial banks, to the tune of 647 billion rupees during the first six months of the current fiscal year, thereby sparing the State Bank of Pakistan (SBP). Had the government borrowed from the SBP it woul
Published 23 Jan, 2015 12:00am
New provinces' demarcation: LHC issues notice to federal government

New provinces' demarcation: LHC issues notice to federal government

The Lahore High Court here on Thursday issued notice to the federal government in a petition challenging constitution of new provinces. The petitioner Shabbir Hussain has submitted that the government is taking steps to make new provinces in the country.
Published 23 Jan, 2015 12:00am
Four scorched by Multan cylinder blast

Four scorched by Multan cylinder blast

At many as four people including women received burn injuries due to gas cylinder blast here on Thursday. Rescue sources said that the incident took place in a house located in Chungi No. 14 of Multan where LPG cylinder used for cooking meal exploded due
Published 23 Jan, 2015 12:00am
'Government to provide low-cost machinery to farmers'

'Government to provide low-cost machinery to farmers'

Punjab Agriculture Secretary Rashid Mehmood has said that empowerment of small farmers with modern technology is imperative for increased productivity and poverty alleviation in rural areas. Chairing a meeting at the University of Agriculture Faisalabad (
Published 23 Jan, 2015 12:00am
US relationship with Pakistan incredibly important: White House

US relationship with Pakistan incredibly important: White House

On the eve of President Barack Obama's visit to New Delhi, the White House has described the US-Pakistan relationship as "incredibly important" to shared security and emphasised that United States' relations with Pakistan and India are not at expense of t
Published 23 Jan, 2015 12:00am
Illegal constructions in Walled City: LHC issues notices to CDGL, LDA

Illegal constructions in Walled City: LHC issues notices to CDGL, LDA

The Lahore High Court here on Thursday issued notice to City District Government Lahore (CDGL), Lahore Development Authority (LDA) on a petition challenging illegal constructions in Walled City. The court also summoned record of developers continuously do
Published 23 Jan, 2015 12:00am
Forex reserves fall by $34 million

Forex reserves fall by $34 million

The country's foreign exchange reserves stood at $15.019 billion up to January 16, said the central bank Thursday. During the week under review, the State Banks reserves decreased by $34 million to $10.331 billion compared to $10.365 billion last week.
Published 23 Jan, 2015 12:00am
Presidential order on salary of judges of SCs, HCs promulgated

Presidential order on salary of judges of SCs, HCs promulgated

President Mamnoon Hussain has promulgated an order about salary of Chief Justice of Pakistan, Chief Justice of High Court and judges of Supreme Court and High Courts. Following is text of the order issued by Ministry of Law, Justice and Human Rights here
Published 23 Jan, 2015 12:00am
LDA auctions 20 plots

LDA auctions 20 plots

A total of 20 plots, including 15 commercial and five residential, were auctioned by Lahore Development Authority (LDA) against a sum of Rs 301.4 million here on Thursday. Open auction of commercial and residential plots of LDA Avenue One, Johar Town, Sab
Published 23 Jan, 2015 12:00am
Superior Courts: President approves raise in pay, allowance of judges

Superior Courts: President approves raise in pay, allowance of judges

President Mamnoon Hussain approved Prime Minister Prime Minister Nawaz Sharif's advice for 10 percent increase in the pay and allowance of the Judges of Superior Courts. An ad-hoc relief allowance 10 percent of basic pay has been given to all civil servan
Published 23 Jan, 2015 12:00am
Six killed in various road accidents

Six killed in various road accidents

Six persons were killed in various road accidents. In first accident, a van KE 4944 was turned turtle near Solni Jhal on Dijkot road, here Thursday morning due to slippery. Resultantly, 50-year-old Farman Ali died on the spot, while three injured persons
Published 23 Jan, 2015 12:00am
PDWP approves 46 uplift projects worth Rs 12.469 billion

PDWP approves 46 uplift projects worth Rs 12.469 billion

Provincial Development Working Party (PDWP) under the Chairmanship of Dr Hammad Uwais Agha, Additional Chief Secretary Khyber Pakhtunkhwa on Thursday, while considering 49 development projects approved 46 with an estimated cost Rs12.469 billion. The meeti
Published 23 Jan, 2015 12:00am
July-November LSM registers 2.48 percent growth YoY

July-November LSM registers 2.48 percent growth YoY

The country''s Large Scale Manufacturing registered a positive growth of 2.48 percent in July-November 2014-15 over the corresponding period of 2013-14, according to the data released by Pakistan Bureau of Statistics (PBS), here on Thursday. The PBS data
Published 23 Jan, 2015 12:00am
July-November LSM registers 2.48 percent growth YoY

July-November LSM registers 2.48 percent growth YoY

The country's Large Scale Manufacturing registered a positive growth of 2.48 percent in July-November 2014-15 over the corresponding period of 2013-14, according to the data released by Pakistan Bureau of Statistics (PBS), here on Thursday. The PBS data f
Published 23 Jan, 2015 12:00am
July-November LSM registers 2.48 percent growth YoY

July-November LSM registers 2.48 percent growth YoY

The country's Large Scale Manufacturing registered a positive growth of 2.48 percent in July-November 2014-15 over the corresponding period of 2013-14, according to the data released by Pakistan Bureau of Statistics (PBS), here on Thursday. The PBS data f
Published 23 Jan, 2015 12:00am
Mobile TV: Pemra approves relaxation of licensing regime

Mobile TV: Pemra approves relaxation of licensing regime

Pakistan Electronic Media Regulatory Authority (Pemra) has approved the relaxation of licensing regime for Mobile TV. The Authority has approved Mobile TV (Content Provision Service) licensing on acase-to-case basis on a five-year tenure, based on a Pemra
Published 23 Jan, 2015 12:00am
Mobile TV: Pemra approves relaxation of licensing regime

Mobile TV: Pemra approves relaxation of licensing regime

Pakistan Electronic Media Regulatory Authority (Pemra) has approved the relaxation of licensing regime for Mobile TV. The Authority has approved Mobile TV (Content Provision Service) licensing on acase-to-case basis on a five-year tenure, based on a Pemra
Published 23 Jan, 2015 12:00am
Mobile TV: Pemra approves relaxation of licensing regime

Mobile TV: Pemra approves relaxation of licensing regime

Pakistan Electronic Media Regulatory Authority (Pemra) has approved the relaxation of licensing regime for Mobile TV. The Authority has approved Mobile TV (Content Provision Service) licensing on acase-to-case basis on a five-year tenure, based on a Pemra
Published 23 Jan, 2015 12:00am
Climate change brings world closer to 'doomsday': scientists

Climate change brings world closer to 'doomsday': scientists

Climate change and the danger of nuclear war pose an ever-growing threat to civilisation and are bringing the world closer to doomsday, a group of prominent scientists and Nobel laureates said Thursday. "It is now three minutes to midnight," said Kennette
Published 23 Jan, 2015 12:00am
The Weather

The Weather

The weather report on Thursday (January 22, 2015) and the forecast for Friday (January 23, 2015).

Published 23 Jan, 2015 12:00am
Climate change brings world closer to 'doomsday': scientists

Climate change brings world closer to 'doomsday': scientists

Climate change and the danger of nuclear war pose an ever-growing threat to civilisation and are bringing the world closer to doomsday, a group of prominent scientists and Nobel laureates said Thursday. "It is now three minutes to midnight," said Kennette
Published 23 Jan, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (January 22, 2015).

Published 23 Jan, 2015 12:00am
Bloody bus attack in Ukraine as troops abandon airport

Bloody bus attack in Ukraine as troops abandon airport

At least 41 people were killed in Ukraine's east Thursday, one of the deadliest days in the separatist war, with a bloody bus shelling in Donetsk as government forces abandoned their defence of the city's strategic airport. In a graphic illustration of th
Published 23 Jan, 2015 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 23 Jan, 2015 12:00am
Bloody bus attack in Ukraine as troops abandon airport

Bloody bus attack in Ukraine as troops abandon airport

At least 41 people were killed in Ukraine's east Thursday, one of the deadliest days in the separatist war, with a bloody bus shelling in Donetsk as government forces abandoned their defence of the city's strategic airport. In a graphic illustration of th
Published 23 Jan, 2015 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 23 Jan, 2015 12:00am
British political heavyweight Brittan dead at 75

British political heavyweight Brittan dead at 75

British politician Leon Brittan, a trusted minister under Margaret Thatcher and former European commissioner who lately became the focus of lurid claims, has died aged 75, his family said Thursday. "Leon passed away last night at his home in London after
Published 23 Jan, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (January 22, 2015).

Published 23 Jan, 2015 12:00am
British political heavyweight Brittan dead at 75

British political heavyweight Brittan dead at 75

British politician Leon Brittan, a trusted minister under Margaret Thatcher and former European commissioner who lately became the focus of lurid claims, has died aged 75, his family said Thursday. "Leon passed away last night at his home in London after
Published 23 Jan, 2015 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (January 22, 2015) and for Friday (January 23, 2015).
Published 23 Jan, 2015 12:00am
New York speaker in custody on corruption charges

New York speaker in custody on corruption charges

FBI agents on Thursday arrested long-time New York State Assembly Speaker Sheldon Silver on corruption charges. US Attorney Preet Bharara will announce federal corruption charges against Silver at a news conference at 1:00 pm (1800 GMT), his office said.
Published 23 Jan, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (January 22, 2015)

Published 23 Jan, 2015 12:00am
New York speaker in custody on corruption charges

New York speaker in custody on corruption charges

FBI agents on Thursday arrested long-time New York State Assembly Speaker Sheldon Silver on corruption charges. US Attorney Preet Bharara will announce federal corruption charges against Silver at a news conference at 1:00 pm (1800 GMT), his office said.
Published 23 Jan, 2015 12:00am
LHC issues arrest warrants for ECP secretary

LHC issues arrest warrants for ECP secretary

The Lahore High Court here on Thursday issued the arrest warrants for secretary Election Commission of Pakistan (ECP) for not submitting his reply in response to a petition seeking fresh scrutiny of all parliamentarians. Pakistan Tehreek-e-Insaf (PTI) wor
Published 23 Jan, 2015 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (January 22, 2015).

Published 23 Jan, 2015 12:00am
LHC issues arrest warrants for ECP secretary

LHC issues arrest warrants for ECP secretary

The Lahore High Court here on Thursday issued the arrest warrants for secretary Election Commission of Pakistan (ECP) for not submitting his reply in response to a petition seeking fresh scrutiny of all parliamentarians. Pakistan Tehreek-e-Insaf (PTI) wor
Published 23 Jan, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 22, 2015).

Published 23 Jan, 2015 12:00am
Yemen thrown into turmoil as president resigns

Yemen thrown into turmoil as president resigns

Yemeni leader Abdrabuh Mansur Hadi offered to resign on Thursday amid a stand-off with a powerful Shia militia in control of the capital, throwing his country deeper into political turmoil. Presidential adviser Sultan al-Atwani and several other aides con
Published 23 Jan, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 22, 2015).

Published 23 Jan, 2015 12:00am
Yemen thrown into turmoil as president resigns

Yemen thrown into turmoil as president resigns

Yemeni leader Abdrabuh Mansur Hadi offered to resign on Thursday amid a stand-off with a powerful Shia militia in control of the capital, throwing his country deeper into political turmoil. Presidential adviser Sultan al-Atwani and several other aides con
Published 23 Jan, 2015 12:00am
Railways faces double taxation dilemma

Railways faces double taxation dilemma

The fate of Pakistan Railways (PR) hangs in balance as far as double taxation is concerned, as Punjab Revenue Authority (PRA) approached PR for registering its three dry ports located in Punjab to collect sales tax on services in the presence of 16 percen
Published 23 Jan, 2015 12:00am
Railways faces double taxation dilemma

Railways faces double taxation dilemma

The fate of Pakistan Railways (PR) hangs in balance as far as double taxation is concerned, as Punjab Revenue Authority (PRA) approached PR for registering its three dry ports located in Punjab to collect sales tax on services in the presence of 16 percen
Published 23 Jan, 2015 12:00am
THE RUPEE: mixed patterns

THE RUPEE: mixed patterns

Divergent trend was witnessed on the local money market on Thursday as the rupee played both sides in terms of the dollar in the process of trading, dealers said. The rupee picked up by three-paisa in relation to the dollar for buying and selling at Rs 10
Published 23 Jan, 2015 12:00am
Railways faces double taxation dilemma

Railways faces double taxation dilemma

The fate of Pakistan Railways (PR) hangs in balance as far as double taxation is concerned, as Punjab Revenue Authority (PRA) approached PR for registering its three dry ports located in Punjab to collect sales tax on services in the presence of 16 percen
Published 23 Jan, 2015 12:00am
THE RUPEE: mixed patterns

THE RUPEE: mixed patterns

Divergent trend was witnessed on the local money market on Thursday as the rupee played both sides in terms of the dollar in the process of trading, dealers said. The rupee picked up by three-paisa in relation to the dollar for buying and selling at Rs 10
Published 23 Jan, 2015 12:00am
Drug pricing policy may be approved today

Drug pricing policy may be approved today

The Economic Co-ordination Committee (ECC) of the Cabinet is likely to approve drug pricing policy today (Friday). Sources told Business Recorder that ECC meeting convened by Finance Minister Ishaq Dar is likely to take up a four-point agenda. Howe
Published 23 Jan, 2015 12:00am
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