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Nov 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-02-07
Dollar up, Danish crown steady in London

Dollar up, Danish crown steady in London

The dollar rose against a basket of currencies on Friday, before the release of US employment data that should provide more clues on when the Federal Reserve will raise interest rates. A solid jobs report and a rebound in wages would favour the dollar by
Published 07 Feb, 2015 12:00am
Early trade in New York: dollar gains against major currencies

Early trade in New York: dollar gains against major currencies

The US dollar advanced against major currencies on Friday after data showed US jobs growth rose solidly and wages rebounded strongly in January, bolstering views that the Federal Reserve will hike interest rates by mid-year. The US Labour Department said
Published 07 Feb, 2015 12:00am
Dollar falls against euro in New York

Dollar falls against euro in New York

The US dollar tumbled against the euro while the euro rose against the Swiss franc on Thursday on speculation the Swiss National Bank was buying euros and as traders took a sanguine view on developments surrounding Greece. The view that the Swiss central
Published 07 Feb, 2015 12:00am
China's yuan firms

China's yuan firms

China's yuan rose against the dollar on Friday, as the central bank set its strongest midpoint in two weeks to reflect the dollar's dip in global markets against major currencies after its recent strong advances. The People's Bank of China set the midpoin
Published 07 Feb, 2015 12:00am
Turkish lira slumps to new low

Turkish lira slumps to new low

Turkey's embattled lira hit a new low in value against the dollar on Friday, with investors rattled by comments from President Recep Tayyip Erdogan earlier this week threatening the independence of the central bank. The lira lost value to trade at 2.47 to
Published 07 Feb, 2015 12:00am
Ringgit leads Asia FX gains

Ringgit leads Asia FX gains

Malaysia's ringgit led gains among emerging Asian currencies on Friday though trading was cautious ahead of key US jobs data. Most regional units were set to post weekly gains on optimism over the handling of Greek debt woes and a rebound in oil prices. T
Published 07 Feb, 2015 12:00am
Sterling falls against dollar

Sterling falls against dollar

Sterling fell against the dollar on Friday after data showed US jobs and wages growing strongly in January, but was still on track for its biggest weekly gain against the greenback in a year. US nonfarm payrolls increased by 257,000 last month, marking th
Published 07 Feb, 2015 12:00am
Aussie pops higher

Aussie pops higher

The Australian and New Zealand dollars rose on Friday after the Reserve Bank of Australia (RBA) did not explicitly open the door to further cuts in rates, prompting markets to pare back the chance of a follow-up easing in March. The Australian dollar leap
Published 07 Feb, 2015 12:00am
PCB requests ICC for fresh date for Hafeez's test

PCB requests ICC for fresh date for Hafeez's test

Pakistan Cricket Board (PCB) is learnt to have requested the International Cricket Council (ICC) to give fresh date for the bio-mechanics test of all-rounder Mohammad Hafeez's bowling action. Hafeez's bio-mechanics test was scheduled to be conducted on Fe
Published 07 Feb, 2015 12:00am
ICC approves Rahat's induction for World Cup

ICC approves Rahat's induction for World Cup

Cricket's governing body Friday approved paceman Rahat Ali as a replacement player for injured Junaid Khan in Pakistan's squad for the World Cup, which starts next week. The 26-year-old Ali played his only one-day international against Sri Lanka in June 2
Published 07 Feb, 2015 12:00am
Schedule for PCB-Pepsi cricket talent hunt announced

Schedule for PCB-Pepsi cricket talent hunt announced

Pakistan Cricket Board (PCB) Friday announced the schedule of the first phase PCB-Pepsi Cricket Stars Talent Hunt Program 2015 starting from 22nd February, 2015 across the country. This is the seventh Edition of the program which is being conducted by PCB
Published 07 Feb, 2015 12:00am
Pakistan beat Afghanistan in friendly

Pakistan beat Afghanistan in friendly

Pakistan bagged an injury-time win over neighbours Afghanistan in their football friendly on Friday, earning a measure of revenge for their trouncing two years ago in Kabul. Substitute Saad Ullah scored the winner for the home side just 10 minutes after c
Published 07 Feb, 2015 12:00am
Blatter warns Qatar over imported national team

Blatter warns Qatar over imported national team

FIFA president Sepp Blatter on Friday warned Qatar against trying to form an imported team for the 2022 World Cup they will host and slammed the foreign team it used at the world handball championships as an "absurdity". "The nation of 2.2 million faces t
Published 07 Feb, 2015 12:00am
Franklin ends New Zealand career with Middlesex move

Franklin ends New Zealand career with Middlesex move

New Zealand all-rounder James Franklin effectively ended his international career after it was announced Friday the 34-year-old all-rounder had signed a two-year contract with English county Middlesex. The left-hander is set to play as a non-overseas play
Published 07 Feb, 2015 12:00am
Yasin takes first position in Body Building

Yasin takes first position in Body Building

Muhammad Yasin, a Player of Peshawar Electric Supply Company (Pesco), has secured first position in the Wapda Inter Unit competition of Body Building held here. The event shows the skill of Pesco players, which has brought good name to Pesco. Muhammad Yas
Published 07 Feb, 2015 12:00am
Ireland lose to Sydney club side

Ireland lose to Sydney club side

Giantkillers Ireland found the tables turned on them as they were well-beaten by a Sydney club side in a World Cup warm-up match on Friday. Ireland, who have enjoyed memorable wins over Pakistan and England at recent World Cups, went down to a five-wicket
Published 07 Feb, 2015 12:00am
Russian tycoon settles Capello's $5.8 million pay row

Russian tycoon settles Capello's $5.8 million pay row

Russian billionaire Alisher Usmanov has stepped in to settle the 400 million rubles ($5.8 million, 5.1 mn euros) owed in back pay to Russia manager Fabio Capello. Usmanov, who is a member of Russia's 2018 World Cup committee, has loaned the money to the R
Published 07 Feb, 2015 12:00am
Sharapova targets Olympics as Russia tackle Poland

Sharapova targets Olympics as Russia tackle Poland

Maria Sharapova leads Russia in their Fed Cup World Group opener against Poland this weekend looking to take a step closer to the 2016 Olympics. It will be the first meeting between the two countries and a rare Fed Cup appearance by 2012 Olympic silver me
Published 07 Feb, 2015 12:00am
Zidane could be future Real coach: Ancelotti

Zidane could be future Real coach: Ancelotti

Zinedine Zidane is shaping up as a future coach of Real Madrid, present incumbent Carlo Ancelotti said on Friday. Zidane, who is currently coaching the Real reserve side Castilla, "has all the qualities" required to take the helm of the club, Ancelotti to
Published 07 Feb, 2015 12:00am
Morocco banned from 2017, 2019, Equatorial Guinea fined

Morocco banned from 2017, 2019, Equatorial Guinea fined

Morocco were kicked out of the 2017 and 2019 Africa Cup of Nations Friday while Equatorial Guinea were punished for the unrest in Thursday's semi-finals in which 36 fans were injured. Morocco were also fined $1 million (EUR8.8m) and ordered to pay just ov
Published 07 Feb, 2015 12:00am
ICC cracks down on live betting

ICC cracks down on live betting

The International Cricket Council vowed Friday to clamp down on live betting to try to ensure a corruption-free World Cup in Australia and New Zealand. Anyone caught breaking the rules will be barred from the whole tournament, which starts on February 14.
Published 07 Feb, 2015 12:00am
Obama wants US to show 'strategic patience'

Obama wants US to show 'strategic patience'

President Barack Obama believes the United States must resist the temptation to "over-reach" in its foreign policy and have "strategic patience" when it comes to tough international problems. In a strategy document released Friday, Obama made the case for
Published 07 Feb, 2015 12:00am
US supports greater Japan role on world stage

US supports greater Japan role on world stage

The United States would support Japan playing a bigger role in global security, a US official said Friday, amid intense debate in the Asian nation following the murder of two Japanese hostages by Islamic State jihadists. In a question and answer session o
Published 07 Feb, 2015 12:00am
Kerry meets Iran FM in Munich for nuclear talks

Kerry meets Iran FM in Munich for nuclear talks

US Secretary of State John Kerry met Friday with Iranian counterpart Mohammad Javad Zarif on the sidelines of security talks in Munich, as a March deadline for a framework nuclear deal looms. Kerry arrived in southern Germany late Thursday, flying in from
Published 07 Feb, 2015 12:00am
One of two Portuguese kidnapped in Mozambique freed

One of two Portuguese kidnapped in Mozambique freed

A Portuguese woman kidnapped Wednesday in a rich Maputo neighbourhood has been freed, her embassy announced Friday. A Portuguese man abducted Monday remains missing. The woman was freed around 2000 GMT on Thursday night, Portuguese embassy official Goncal
Published 07 Feb, 2015 12:00am
Egyptian jailed in US over Africa embassy bombings

Egyptian jailed in US over Africa embassy bombings

An Egyptian man was sentenced to 25 years in a US prison Friday for conspiring to kill Americans over the 1998 embassy bombings in Africa, which left 224 people dead. Adel Abdel Bary, who was extradited to the United States from Britain in 2012, pleaded g
Published 07 Feb, 2015 12:00am
Canada top court allows doctor-assisted suicide

Canada top court allows doctor-assisted suicide

Canada's supreme court on Friday unanimously struck down a ban on doctor-assisted suicide for mentally competent adults suffering from an incurable disease, reversing a decision on the books since 1993. The ruling was however suspended for one year to all
Published 07 Feb, 2015 12:00am
Former Mauritius Prime Minister Ramgoolam arrested

Former Mauritius Prime Minister Ramgoolam arrested

Police in Mauritius arrested former prime minister Navinchandra Ramgoolam on Friday, media reports said, sparking angry demonstrations from supporters in the Indian Ocean island nation. Ramgoolam, 67, who accepted defeat in parliamentary polls in December
Published 07 Feb, 2015 12:00am
Boko Haram attacks Niger for first time

Boko Haram attacks Niger for first time

Boko Haram militants on Friday launched an attack on a border town in Niger that left a number of people dead, the first such assault in the country by the Islamists now being hunted by regional forces. Soldiers repelled the assault on the town of Bosso,
Published 07 Feb, 2015 12:00am
Guinea tries 58 over attack on Ebola outreach mission

Guinea tries 58 over attack on Ebola outreach mission

Guinea has put 58 people on trial over an attack on Ebola outreach workers by a mob wielding machetes, a judicial source said on Friday. The defendants are accused of wounding several government workers and staff from the global medical aid agency Medecin
Published 07 Feb, 2015 12:00am
Putin hosts Merkel, Hollande for crunch Ukraine peace talks

Putin hosts Merkel, Hollande for crunch Ukraine peace talks

German Chancellor Angela Merkel and French President Francois Hollande met Russian leader Vladimir Putin Friday in a frantic bid to avoid a further escalation of violence in east Ukraine. Ahead of the Moscow talks, Merkel played down hopes of a rapid end
Published 07 Feb, 2015 12:00am
Thousands rally in Jordan demanding revenge for pilot's death

Thousands rally in Jordan demanding revenge for pilot's death

Thousands of Jordanians packed the streets of the capital Amman on Friday, urging their monarch to step up air strikes on Islamic State to avenge its killing of pilot Mouath al-Kasaesbeh. Crowds massed near the main Husseini mosque, then marched chanting
Published 07 Feb, 2015 12:00am
Cotton futures gain on strong export sales, crude oil rebound

Cotton futures gain on strong export sales, crude oil rebound

ICE cotton rose on Thursday, hitting a five-week high after data showed another strong week of export sales and on stronger crude oil markets. The most active March cotton contract on ICE Futures US gained 0.56 cent, or 0.9 percent, to settle at 61.79 cen
Published 07 Feb, 2015 12:00am
Shanghai copper climbs

Shanghai copper climbs

The most traded April copper contract on the Shanghai Futures Exchange climbed 1.2 percent to 41,670 yuan ($6,676) a tonne on Friday. "Copper's bounce accompanied a bounce in the oil price. Clearly there is some correlation, so I would say it's more of tr
Published 07 Feb, 2015 12:00am
Copper falls on US data, posts strong weekly gain

Copper falls on US data, posts strong weekly gain

Copper fell on Friday as the dollar extended gains after US jobs data beat expectations, but losses were limited by a strong oil price and hopes that Chinese government policies will boost demand. US job growth rose solidly in January and wages rebounded
Published 07 Feb, 2015 12:00am
Palm oil makes biggest weekly gain in six years

Palm oil makes biggest weekly gain in six years

Malaysian palm oil climbed for a fourth day to a three-week high on Friday on continued optimism over Indonesia's biodiesel subsidy boost, ending the week with the benchmark's biggest weekly gain in six years. By the close, the benchmark April contract on
Published 07 Feb, 2015 12:00am
Rubber rises

Rubber rises

Benchmark Tokyo rubber futures ended up 1.4 percent on Friday, posting their biggest weekly percentage gain since 2013, on a stteep recovery in crude prices Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast A
Published 07 Feb, 2015 12:00am
Wheat rises on prospects for Egyptian sales

Wheat rises on prospects for Egyptian sales

Chicago Board of Trade wheat futures climbed nearly 3 percent on Thursday, buoyed by a softer dollar and hopes for US sales of the grain to top buyer Egypt, traders said. Soyabeans rose, led by strength in soyaoil and Malaysian palm oil, while corn ended
Published 07 Feb, 2015 12:00am
Sugar pares steep gains; coffee up

Sugar pares steep gains; coffee up

Raw sugar futures on ICE surged on Friday, on heavy short-covering and March/May spreading while producer selling took prices off their highs as they made the most of Brazil's weak currency. Arabica coffee futures also rallied, closing the week higher for
Published 07 Feb, 2015 12:00am
Gold down in New York

Gold down in New York

Gold fell on Thursday on uncertainty in Greece after the European Central Bank said it would no longer accept Greek bonds in return for funding. The ECB's announcement dealt a blow to Athens, which is seeking debt relief from eurozone lenders, and knocked
Published 07 Feb, 2015 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold steadied on Friday ahead of crucial US employment data, but was set to post its biggest weekly loss in almost two months after steep gains at the start of the year. A strong US jobs number for January would strengthen expectations for the Federal Res
Published 07 Feb, 2015 12:00am
Gold dips in Europe

Gold dips in Europe

Gold fell up to 2 percent on Friday as global shares and the dollar rose after monthly US non-farm payrolls data showed the United States job market remained on a strong footing. Nonfarm payrolls increased 257,000 last month, topping expectations for 234,
Published 07 Feb, 2015 12:00am
US MIDDAY: soya and corn turn lower

US MIDDAY: soya and corn turn lower

US soyabeans and corn turned lower on Friday as a jump in the dollar on strong employment data spurred technical selling in the grains, traders said. Additionally, forecasts of record soyabean production in South America and a large corn harvest continue
Published 07 Feb, 2015 12:00am
US MIDDAY: gold falls two percent

US MIDDAY: gold falls two percent

Gold fell more than 2 percent early on Friday as global stock markets and the dollar rose on stronger-than-expected US jobs data, raising expectations that the Federal Reserve will increase interest rates by midyear. US nonfarm payrolls increased by 257,0
Published 07 Feb, 2015 12:00am
Oil climbs, Brent posts best two weeks since 1998

Oil climbs, Brent posts best two weeks since 1998

Oil rallied again on Friday, with benchmark Brent crude having its largest two-week gain in 17 years, as falling oil rig counts and violence in producer Libya helped further stall a selloff that began in June. Crude prices have risen nearly 20 percent ove
Published 07 Feb, 2015 12:00am
National Assembly Speaker to unveil 'Parliamentary Studies Programme'

National Assembly Speaker to unveil 'Parliamentary Studies Programme'

Speaker National Assembly Sardar Ayaz Sadiq will unveil the first-of-its kind "Parliamentary Studies Programme" in leading national and private universities of the country here at the Pakistan Institute of Parliamentary Services on February 9, 2015. The b
Published 07 Feb, 2015 12:00am
Inflows add $110 million to forex reserves: SBP

Inflows add $110 million to forex reserves: SBP

The country's foreign exchange reserves increased by $110 million to $15.159 billion during the week that ended on January 30. The State Bank Thursday reported that during the week under review its reserves rose to $10.358 billion from $10.249 billion of
Published 07 Feb, 2015 12:00am
Inflows add $110 million to forex reserves: SBP

Inflows add $110 million to forex reserves: SBP

The country's foreign exchange reserves increased by $110 million to $15.159 billion during the week that ended on January 30. The State Bank Thursday reported that during the week under review its reserves rose to $10.358 billion from $10.249 billion of
Published 07 Feb, 2015 12:00am
Two women among three killed in Nowshera firing

Two women among three killed in Nowshera firing

Three persons of a family, including two women, have been killed in a firing incident in Nowshera. Police said the incident happened at the main Chirat Road last night where unidentified motorcyclists opened fire on a jeep, killing a woman, her son and an
Published 07 Feb, 2015 12:00am
Maleeha Lodhi meets Prime Minister

Maleeha Lodhi meets Prime Minister

Pakistan's designated Permanent Representative to the United Nations and Ambassador, Dr Maleeha Lodhi called on Prime Minister Muhammad Nawaz Sharif at the PM House here Friday. The Prime Minister wished Dr Lodhi goodluck for her new assignment and said i
Published 07 Feb, 2015 12:00am
Traffic laws violation continues unabated

Traffic laws violation continues unabated

Traffic laws were being openly violated in the city and yet those flouting rules and regulations go unpunished. On the one hand, drivers of buses, mini buses, rickshaws, motorcycles, trucks have developed a habit of going in the opposite direction and, on
Published 07 Feb, 2015 12:00am
Bajaur, Mohmand: KP governor announces Rs 1.8 billion uplift projects

Bajaur, Mohmand: KP governor announces Rs 1.8 billion uplift projects

Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan said that the main objective of each and every project should be the improvement of quality of the land of FATA, so that militancy and poverty stricken agencies should be benefited. The Governor also an
Published 07 Feb, 2015 12:00am
KP government waging war against timber mafia: Khattak

KP government waging war against timber mafia: Khattak

KP Chief Minister Pervez Khattak has said that the provincial government has waged war against timber mafia, adding that in his opinion killing a human being and cutting a tree are equal crimes hence deforestation in any shape will be considered heinous c
Published 07 Feb, 2015 12:00am
Gas line blown up in Dera Bugti

Gas line blown up in Dera Bugti

Militants blew up a 16-inch gas pipeline in Balochistan's resource-rich Dera Bugti district on Friday morning. Security officials said that militants had planted improvised explosive materials close to the pipeline. Security officials added that the explo
Published 07 Feb, 2015 12:00am
Five hostages freed in Makran

Five hostages freed in Makran

Kidnappers freed five officials belonging to the Balochistan Irrigation Department on Friday. The officials had been abducted from the Pasni area of Balochistan's Makran belt a day earlier. Police sources said that kidnappers freed all five hostages near
Published 07 Feb, 2015 12:00am
Arabian Sea: survival of humpback whale population threatened

Arabian Sea: survival of humpback whale population threatened

The survival of humpback whale population in the Arabian Sea, the smallest and most endangered humpback whale population in the world, is threatened by human activities, particularly entanglement in fishing nets, shipping, and coastal development. However
Published 07 Feb, 2015 12:00am
India wants to eliminate Islamic identity of Kashmiris: Salahuddin

India wants to eliminate Islamic identity of Kashmiris: Salahuddin

The supreme commander of Kashmiri Hizbul Mujahideen, Syed Salahuddin, has made it clear that those who targeted mosques, schools, Imambargahs, children and women were the open enemy of Pakistan and Islam, adding that the Modi led government in India wants
Published 07 Feb, 2015 12:00am
Sixth Karachi Literature Festival begins

Sixth Karachi Literature Festival begins

The sixth Karachi Literature Festival-2015 under the banner of the Oxford University Press kicked off at the Beach Luxury Hotel on Friday. Welcoming the guests at the inauguration ceremony, Oxford University Press Managing Director Ameena Saiyid obe, said
Published 07 Feb, 2015 12:00am
PA adopts 'Sindh Differently-Abled (Amend) Bill'

PA adopts 'Sindh Differently-Abled (Amend) Bill'

The provincial legislators on Friday unanimously voted to adopt an amended Bill, 'The Sindh Differently-Abled (Employment, Rehabilitation and Welfare) 2014'. The Bill is aimed at regulating matters relating to employment, rehabilitation and welfare of phy
Published 07 Feb, 2015 12:00am
PA adopts 'Sindh Differently-Abled (Amend) Bill'

PA adopts 'Sindh Differently-Abled (Amend) Bill'

The provincial legislators on Friday unanimously voted to adopt an amended Bill, 'The Sindh Differently-Abled (Employment, Rehabilitation and Welfare) 2014'. The Bill is aimed at regulating matters relating to employment, rehabilitation and welfare of phy
Published 07 Feb, 2015 12:00am
Operation against criminals: 61 alleged criminals arrested in Karachi

Operation against criminals: 61 alleged criminals arrested in Karachi

The City police on Friday claimed to have arrested as many as 61 alleged criminals in different targeted raids and encounters conducted at various parts of the provincial metropolis during last 24 hours. The police said that their 57 raids and one encount
Published 07 Feb, 2015 12:00am
ISE inks MoU with AJKCCI

ISE inks MoU with AJKCCI

In order to explore co-operation in the areas of common interest, Islamabad Stock Exchange Limited (ISE) has inked memorandum of understanding (MoU) with Azad Jammu & Kashmir Chamber of Commerce and Industry (AJKCCI). The MoU signing ceremony was held at
Published 07 Feb, 2015 12:00am
Pakistan dismisses Indian stance on observing Kashmir Day

Pakistan dismisses Indian stance on observing Kashmir Day

Pakistan has dismissed Indian assertion of observing Kashmir Solidarity Day as "futile quest for territorial aggrandisement" and called upon New Delhi to honour its first premier Nehru's commitment on resolution of Kashmir dispute in accordance with the a
Published 07 Feb, 2015 12:00am
'Culture, cuisines festival' begins today

'Culture, cuisines festival' begins today

The Tourism Corporation Khyber Pakhtunkhwa (TCKP) to hold a two-day event to showcase the cultural and folk performances and traditional cuisines for enjoyment of the families at Peshawar Garrison Club on Saturday. The event titled, 'Culture and cuisines
Published 07 Feb, 2015 12:00am
Australian inventor develops personal air conditioner

Australian inventor develops personal air conditioner

Australian inventor, Professor James Trevelyan, has engineered a revolutionary new ultra energy-efficient portable air conditioner called Close Comfort (www.closecomfort.com) that uses less than 350 watts to operate. That's approximately 15 percent of the
Published 07 Feb, 2015 12:00am
KE challenges allegations levelled by ministry

KE challenges allegations levelled by ministry

K-Electric has expressed its concern over statements on the extension of the 650MW electricity agreement. The Sindh High Court already issued a restraining order against any reduction or discontinuation in the power supply, so it is important to start by
Published 07 Feb, 2015 12:00am
World Bank to extend financial support to Balochistan

World Bank to extend financial support to Balochistan

Terming the budget allocation of Balochistan Provincial Government for restructuring of different organisations satisfactory, World Bank (WB) assured Balochistan government of its complete support in irrigation, agriculture, livestock and girls education
Published 07 Feb, 2015 12:00am
Punjab government promotes 1211 nurses in BS-17

Punjab government promotes 1211 nurses in BS-17

Punjab Health Department has promoted 1211 nurses in BS-17 awaiting promotion for the long time and posting plan of head nurses is being uploaded on the website of Health Department. This was stated by Health Advisor Kh. Salman Rafiq. He said that for the
Published 07 Feb, 2015 12:00am
PDWP approves two uplift schemes worth Rs 1.679 billion

PDWP approves two uplift schemes worth Rs 1.679 billion

The Provincial Development Working Party Punjab approved two development schemes of roads sector with an estimated cost of Rs 1.679 billion on Friday including completion of city roads, Gujrat (PP-111) at the cost of Rs 932.365 million. These schemes were
Published 07 Feb, 2015 12:00am
Budget 2015-16: LCCI seeks proposals from members

Budget 2015-16: LCCI seeks proposals from members

The Lahore Chamber of Commerce and Industry (LCCI) has sought budget proposals from its members for the federal budget 2015-16. The LCCI President Ijaz A Mumtaz said that LCCI members, Conveners, Co-Conveners of the LCCI Standing Committees and Lahore bas
Published 07 Feb, 2015 12:00am
APTMA chief demands 15 percent RD on import of fine count cotton yarn

APTMA chief demands 15 percent RD on import of fine count cotton yarn

Chairman APTMA S M Tanveer has demanded imposition of 15 percent regulatory duty on entry of subsidised fine count cotton yarn, predominantly from India. However, Chairman APTMA has made clear that the import under DTRE or manufacturing bond should be exe
Published 07 Feb, 2015 12:00am
Tetra Pak returns to Gulfood 2015

Tetra Pak returns to Gulfood 2015

Tetra Pak, the world leader in food processing and packaging solutions, returns to Gulfood 2015 to demonstrate its industry expertise and commitment to its customers. Under the theme "Innovation for Growth" Tetra Pak will host its customers in an exclusiv
Published 07 Feb, 2015 12:00am
PML-N continues with its corrupt practices: PTI

PML-N continues with its corrupt practices: PTI

Pakistan Tehreek-e-Insaf (PTI) Punjab President Ejaz Chaudhary said on Friday the PML-N continues with its massive corrupt practices, as their schemes turn out to be flops. He said after corruption in Yellow Cab scheme of 90s, now the friends and family o
Published 07 Feb, 2015 12:00am
Cut in POL prices: CM Punjab pledges to transfer benefits to the masses

Cut in POL prices: CM Punjab pledges to transfer benefits to the masses

Punjab Chief Minister Shahbaz Sharif has said that protection of rights and provision of relief to the citizens is the responsibility of the state and Pakistan Muslim League-N government will spare no effort for transferring the benefits of record decreas
Published 07 Feb, 2015 12:00am
LDA seals four private housing schemes

LDA seals four private housing schemes

During a joint operation against illegal housing schemes along Ferozepur Road, staff of the Metropolitan Planning and Town Planning Wings of Lahore Development Authority (LDA) sealed site offices of four private housing schemes on Friday. According to LDA
Published 07 Feb, 2015 12:00am
Government taking measures to unblock YouTube, Senate told

Government taking measures to unblock YouTube, Senate told

The upper house was informed on Friday that the government was taking measures to unblock YouTube after localising Google as per Pakistan Proposition of Electronic Crime Bill, 2014. Responding to a question, state minister for information technology Anush
Published 07 Feb, 2015 12:00am
People suffer as traffic jams become daily affair in Sialkot

People suffer as traffic jams become daily affair in Sialkot

The Sialkot Traffic Police have badly failed to control traffic in the city as result there is a total traffic chaos in Sialkot due to which road accidents and traffic jams had become a daily routine. Local traffic police despite controlling the traffic w
Published 07 Feb, 2015 12:00am
DG PBIT calls on SBI chairman

DG PBIT calls on SBI chairman

Lubna Pathan, Director General Projects Policy & Research, Punjab Board of Investment & Trade, visited Sindh Board of Investment (SBI) in a called on meeting with Dr Asif A Brohi, Chairman SBI. According to the spokesperson of the PBIT, in the meeting DG
Published 07 Feb, 2015 12:00am
Firing on school van: minor girl hurt in Charsadda

Firing on school van: minor girl hurt in Charsadda

Firing on a school van by unidentified men on Friday morning injured a young girl in Charsadda. The injured girl has been shifted to District Headquarters Hospital, Charsadda. The school van is reported to have been carrying 15 children. According to poli
Published 07 Feb, 2015 12:00am
Defamation suit against Hashwani: SHC adjourns hearing till February 26

Defamation suit against Hashwani: SHC adjourns hearing till February 26

The Sindh High Court on Friday adjourned till February 26 the hearing of Rs 2 billion defamation suit filed by former president Asif Ali Zardari against Sadrudin Hashwani, a business tycoon and directed the latter's counsel to submit reply to the suit. Fo
Published 07 Feb, 2015 12:00am
LSE organises conference

LSE organises conference

First annual conference on mathematical and statistical models in economics, finance and applied sciences was organized by Lahore School of Economics here on Friday. The conference provided an opportunity for eminent Mathematicians, Physicists, Statistici
Published 07 Feb, 2015 12:00am
KP Assembly asks EU, OIC for legislation on blasphemy

KP Assembly asks EU, OIC for legislation on blasphemy

The provincial assembly of Khyber Pakhtunkhwa on Friday passed a unanimous resolution demanding the world community, particularly the European Union and the Organisation of Islamic Conference (OIC), for making legislation on punishment for blasphemy of al
Published 07 Feb, 2015 12:00am
Kalabagh Dam: PML-Q submits resolution in PA

Kalabagh Dam: PML-Q submits resolution in PA

Pakistan Muslim League-Q (PML-Q) has submitted a resolution in the Punjab Assembly, seeking the construction of Kalabagh Dam at the earliest. The resolution submitted by Parliamentary Party leader in the provincial assembly Moonis Elahi and Sardar Waqas H
Published 07 Feb, 2015 12:00am
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