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Print - 2015-02-14
Former IMF head Rato ordered to pay $911 million bond

Former IMF head Rato ordered to pay $911 million bond

A Spanish court Friday ordered former IMF head Rodrigo Rato and other bankers to pay an 800-million-euro ($911 million) court bond as it investigates the Bankia group's ill-fated stock listing. It was the latest step in a long investigation into alleged f
Published 14 Feb, 2015 12:00am
Former IMF head Rato ordered to pay $911 million bond

Former IMF head Rato ordered to pay $911 million bond

A Spanish court Friday ordered former IMF head Rodrigo Rato and other bankers to pay an 800-million-euro ($911 million) court bond as it investigates the Bankia group's ill-fated stock listing. It was the latest step in a long investigation into alleged f
Published 14 Feb, 2015 12:00am
IS jihadists attack Iraq base housing US forces

IS jihadists attack Iraq base housing US forces

Iraqi soldiers backed by US-led coalition aircraft repelled an attack Friday by the Islamic State group on a base where hundreds of US troops are training local security forces, officials said. "The Iraqi Security Forces (ISF) supported by Coalition surve
Published 14 Feb, 2015 12:00am
Canada confirms case of mad cow disease

Canada confirms case of mad cow disease

Canada confirmed its first case of mad cow disease since 2011 on Friday but expressed confidence the discovery would not hit a beef export sector worth C$2 billion ($1.6 billion) a year. The Canadian Food Inspection Agency (CFIA) said no part of the anima
Published 14 Feb, 2015 12:00am
Sierra Leone quarantines 700 homes after Ebola case

Sierra Leone quarantines 700 homes after Ebola case

Sierra Leone placed hundreds of homes in the capital under Ebola quarantine Friday, in a huge blow for its recovery less than a month after it lifted all restrictions on movement. The government said 700 properties had been locked down in Aberdeen, a fish
Published 14 Feb, 2015 12:00am
Saudi Arabia joins West in pulling out Yemen embassy staff

Saudi Arabia joins West in pulling out Yemen embassy staff

Saudi Arabia, Germany and Italy became the latest countries to withdraw embassy staff from Yemen on Friday as an exodus of foreign diplomats gathered pace over growing security problems. Long on the front line of the war against al Qaeda, Yemen has descen
Published 14 Feb, 2015 12:00am
Rubber up

Rubber up

Benchmark Tokyo rubber futures ended up 1.3 percent to settle at a 10-month high on Friday amid shorter supply of the raw material in Indonesia and expectations of tightness elsewhere. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre
Published 14 Feb, 2015 12:00am
Gold a shade higher in New York

Gold a shade higher in New York

Gold was up a shade on Thursday, lifting from a five-week low hit in earlier trade, helped by a weaker dollar, Sweden's surprise decision to launch monetary stimulus and heightened uncertainty over Greece's debt. Spot gold fell to its lowest since January
Published 14 Feb, 2015 12:00am
Gold rises in Asia

Gold rises in Asia

Gold held above a five-week low on Friday amid a weaker dollar and uncertainty over debt-laden Greece, but the safe-haven metal was set to close down for a third straight week on expectations of higher US interest rates. Spot gold had climbed 0.7 percent
Published 14 Feb, 2015 12:00am
Gold edges up in Europe

Gold edges up in Europe

Gold inched up on Friday as the dollar softened, but was heading for a third week of losses on expectations of higher US interest rates and hopes of a deal between Greece and its creditors. Spot gold rose 0.2 percent to $1,224.50 an ounce by 1233 GMT. The
Published 14 Feb, 2015 12:00am
Soya rallies

Soya rallies

US soyabean futures rose 1.1 percent, their third straight day of gains, on Friday as demand for US stocks of the oilseed remained strong while overseas buyers waited for supplies from the South American harvest to hit the market, traders said. Wheat futu
Published 14 Feb, 2015 12:00am
Gold rises

Gold rises

Gold rose one percent early on Friday, erasing a week of losses, as the dollar dropped on weaker than expected US economic data. Spot gold rose to a session high of $1,234.60 an ounce and was up 0.9 percent at $1,233.55 an ounce by 1517 GMT. US gold for A
Published 14 Feb, 2015 12:00am
Palm oil dips

Palm oil dips

Malaysian palm oil futures edged down on Friday as the market digested recent news of Malaysia's plans to re-impose taxes on palm oil exports and traders prepared for the Lunar New Year long weekend next week. By Friday's close, the benchmark April contra
Published 14 Feb, 2015 12:00am
Raw sugar eases, coffee falls

Raw sugar eases, coffee falls

Raw sugar futures on ICE eased on Friday, weighed down by forecasts for rain in top grower Brazil, while arabica coffee fell ahead of US and Brazilian holidays in heavy March/May spreading. Robusta coffee rose for the third straight session to a two-month
Published 14 Feb, 2015 12:00am
Soyabeans rise on exports

Soyabeans rise on exports

Soyabean futures firmed on Thursday on signs that export demand for US supplies remained robust despite expectations of bumper harvests in Argentina and Brazil, traders said. Wheat and corn futures were weaker, pressured by ample global supplies, but both
Published 14 Feb, 2015 12:00am
ICE cotton rises on mill buying below prior session lows

ICE cotton rises on mill buying below prior session lows

ICE cotton rose on Thursday on mill buying after the price fell below the prior session's low, and due to support from gains in the crude oil market and the US dollar's declines. The most-active May cotton contract on ICE Futures US rose 0.65 cent, or 1 p
Published 14 Feb, 2015 12:00am
Shanghai copper climbs

Shanghai copper climbs

The most-traded April copper contract on the Shanghai Futures Exchange climbed 2.6 percent to 42,120 yuan ($6,748) a tonne on Friday. Physical consumption has dimmed ahead of Chinese public holidays that start on Wednesday, but traders said they were relu
Published 14 Feb, 2015 12:00am
Copper steady as volumes thin ahead of Lunar New Year

Copper steady as volumes thin ahead of Lunar New Year

Copper steadied on Friday, retreating from a three-week high hit earlier in the day, as volumes waned ahead of a week-long holiday in top consumer China. Three-month copper on the London Metal Exchange (LME) ended at $5,740 a tonne, up just 0.07 percent o
Published 14 Feb, 2015 12:00am
Oil tops $60 for first time in 2015; oversupply persists

Oil tops $60 for first time in 2015; oversupply persists

Oil hit its highest level for the year on Friday with Brent crude rising above $60 a barrel, as euro zone economic growth exceeded expectations and market bulls priced in another drop in the US oil rig count. The rise in prices was also fuelled by bets th
Published 14 Feb, 2015 12:00am
Non-luxury items: Lasbela Chamber chief urges government to withdraw RD

Non-luxury items: Lasbela Chamber chief urges government to withdraw RD

Lasbela Chamber of Commerce and Industry's (LCCI) president Yakoob H. Karim has demanded of the government to withdraw regulatory duty on the import of industrial inputs which did not fall under the category of luxury items. He demanded of the Federal Bur
Published 14 Feb, 2015 12:00am
Economic corridor China to work speedily: Wang

Economic corridor China to work speedily: Wang

Chinese Foreign Minister Wang Yi concluded his two-day official visit to Pakistan with the resolve to work on the China-Pakistan Economic Corridor (CPEC) and related projects speedily to ensure that Early Harvest Projects could be operationalized at the e
Published 14 Feb, 2015 12:00am
Two bullet-riddled bodies found in Karachi

Two bullet-riddled bodies found in Karachi

Two bullet riddled bodies were found and three people were injured in separate incidents of violence in Karachi on Friday. According to police and rescue sources, a bullet riddled body of an unknown man was found from Main Wali Colony, Christian Mohalla,
Published 14 Feb, 2015 12:00am
Mild quake jolts Kalat

Mild quake jolts Kalat

An earthquake of mild intensity jolted different areas of Kalat district of Balochistan but no loss was reported. According to geological wing of Pakistan Meteorological Department (PMD) tremors of magnitude 4.1 on Richter scale were felt in Sourab and su
Published 14 Feb, 2015 12:00am
EOBI officials asked to hold meetings on public complaints

EOBI officials asked to hold meetings on public complaints

Chairman, Employees Old-age Benefits Institution (EOBI), Muhammad Sualeh Ahmed Faruqui has directed all senior officers especially Regional Heads of the Institution to arrange and conduct public complaints meetings on every Monday from 11:00 am to 01:00 p
Published 14 Feb, 2015 12:00am
SHC seeks comments in missing boxer's case

SHC seeks comments in missing boxer's case

The Sindh High Court on Friday issued notice to the Sindh home secretary, IGP Sindh, Rangers director general, SSP South and other officials respondents to file comments on a petition filed against illegal detention of a Lyari's boxer by the paramilitary
Published 14 Feb, 2015 12:00am
Malik Riaz announces Rs 10 million grant for KPC

Malik Riaz announces Rs 10 million grant for KPC

Malik Riaz Hussain of Bahria Town on Friday announced a grant of Rs 10 million for Karachi Press Club (KPC). According to the KPC, Secretary KPC A.H Khanzada met Malik Riaz at the Governor's House where Zain Malik of Bahria Town, Governor Sindh Dr Ishratu
Published 14 Feb, 2015 12:00am
Vohra made Zonal Chairman of SCCPV

Vohra made Zonal Chairman of SCCPV

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has appointed its former Vice President Aftab Ahmad Vohra as Zonal Chairman of Standing Committee on Customs, Ports and Valuation (SCCPV) for the year 2015-16. As Convener of the Standing Co
Published 14 Feb, 2015 12:00am
Faiz's death anniversary observed

Faiz's death anniversary observed

Tributes were paid to revolutionary poet Faiz Ahmad Faiz for his contributions to the Urdu literature, as his death anniversary was observed here on Friday. Various functions were organised in this regard. Faiz was born on February 13, 1911 in Kala Kader
Published 14 Feb, 2015 12:00am
Adviser to chief minister speaks about health sector reforms

Adviser to chief minister speaks about health sector reforms

Advisor to Chief Minister Punjab on Health Khawaja Salman Rafiq while visiting Shahbaz Sharif General Hospital and Kidney Centre Multan here on Friday has said that Chief Minister Punjab Shahbaz Sharif is focusing on large scale reforms in health sector.
Published 14 Feb, 2015 12:00am
Wang, Shahbaz discuss economic cooperation

Wang, Shahbaz discuss economic cooperation

Chinese Foreign Minister Wang Yi has said that China will continue to cooperate with Punjab in energy, minerals, industry and other sectors. He expressed these views during a meeting with Punjab Chief Minister Muhammad Shahbaz Sharif; in which promotion o
Published 14 Feb, 2015 12:00am
Traders condemn attack

Traders condemn attack

The business community of Southern Punjab on Friday strongly condemned the suicidal attack on an Imambargah in which 19 faithfuls have so far been died and more than 60 injured. President of Multan Chamber of Commerce and Industry (MCCI) Mian Iqbal Hassan
Published 14 Feb, 2015 12:00am
Business community condemns Peshawar attacks

Business community condemns Peshawar attacks

Business community on Friday condemned terrorist attacks in Peshawar and urged all the Parliamentary parties to take a united stand to weed out the menace of terrorism. The LCCI President Ijaz A Mumtaz, Senior Vice President Mian Nauman Kabir, Vice Presid
Published 14 Feb, 2015 12:00am
Mineral deposits in Punjab: Wattoo challenges government claims

Mineral deposits in Punjab: Wattoo challenges government claims

President PPP Central Punjab Mian Manzoor Ahmed Wattoo said people are no more customer of rose petal projection of the government's tall claims like 'river of gold flowing underneath Rajoia, Chiniot' in the wake of its credibility hurt bitterly after its
Published 14 Feb, 2015 12:00am
Cooperation in education, research to be strengthened: German envoy

Cooperation in education, research to be strengthened: German envoy

German Ambassador to Pakistan Dr Cyrill Nunn has said that co-operation in German-Pakistan educational and research institutes will be strengthened further in order to get the benefit from each other's experiences. He was talking to University of Agricult
Published 14 Feb, 2015 12:00am
Prime Minister, Governor KP discuss IDPs rehabilitation

Prime Minister, Governor KP discuss IDPs rehabilitation

Governor Khyber Pakhtunkhwa Sardar Mehtab Ahmed Khan Abbasi met Prime Minister Nawaz Sharif here at the PM House. They discussed matters relating to the province including rehabilitation of the Internally Displaced Persons who had to leave their homes fol
Published 14 Feb, 2015 12:00am
Government taking steps to rehabilitate IDPs: KP Governor

Government taking steps to rehabilitate IDPs: KP Governor

Governor Khyber Pakhtunkhwa Sardar Mahtab Ahmad Khan has said to enhance the repute and positive image of Federal Administered Tribal Areas, the incumbent government has been taking concrete steps to ensure the implementation of comprehensive policy for t
Published 14 Feb, 2015 12:00am
FBR against grant of tax incentives to housing finance

FBR against grant of tax incentives to housing finance

The Federal Board of Revenue (FBR) strongly opposes proposals to grant incentives in the form of tax concessions/exemptions for the housing finance as such favours would not be considered a driving force to inspire financial institutions to extend finance
Published 14 Feb, 2015 12:00am
180 suspects held in KP

180 suspects held in KP

KP police in the ongoing search and strike operation against criminals and anti-social elements have arrested 180 suspects and recovered huge quantity of arms and ammunition. During the operation conducted in different parts of the province the police rec
Published 14 Feb, 2015 12:00am
Senate seats 33 file nomination papers from KP

Senate seats 33 file nomination papers from KP

As many as 33 candidates filed nomination papers for the Senate elections scheduled on March 5, from the province of Khyber Pakhtunkhwa (KP). According to KP Election Commission, 17 candidates filed their nomination papers on general seats, including Waqa
Published 14 Feb, 2015 12:00am
Pakistan attaches great importance to ties with UK: Prime Minister

Pakistan attaches great importance to ties with UK: Prime Minister

Prime Minister Muhammad Nawaz Sharif on Friday said that Pakistan attached great importance to its relations with the United Kingdom, which were based on mutual respect, interest and understanding. In a meeting with Baroness Sayeeda Warsi, Member of Briti
Published 14 Feb, 2015 12:00am
DHA steering committee reviews ongoing projects

DHA steering committee reviews ongoing projects

DHA Steering Committee meeting chaired by Administrator DHA, Brigadier Zubair Ahmed was held at DHA's Main Office to review the progress of the ongoing development works at DHA. The meeting was attended by all the directors and various consultants. Chief
Published 14 Feb, 2015 12:00am
Grey trafficking: seven foreigners among 116 apprehended: PTA

Grey trafficking: seven foreigners among 116 apprehended: PTA

Pakistan Telecommunication Authority (PTA) claimed arrest of 116 persons including seven foreigners found involved in grey trafficking in the country, it is learnt. According to the latest figures 943 illegal equipment have also been confiscated in the dr
Published 14 Feb, 2015 12:00am
Olson inaugurates women's entrepreneurial centre in Islamabad

Olson inaugurates women's entrepreneurial centre in Islamabad

Reinforcing the US commitment to advance gender equality through entrepreneurship in Pakistan, US Ambassador to Pakistan Richard G Olson, US State Department Special Representative for Commercial and Business Affairs Scott Nathan, and Additional Secretary
Published 14 Feb, 2015 12:00am
PARTLY FACETIOUS: The World Cup begins

PARTLY FACETIOUS: The World Cup begins

"Pakistan team management has warned eight players that if they violate team curfew again they would be out of the team."
Published 14 Feb, 2015 12:00am
Physically challenged people: Punjab making efforts to resolve issues

Physically challenged people: Punjab making efforts to resolve issues

The Punjab government is making best efforts to redress the issues confronted to the physically challenged people in the province, a spokesman of Social Welfare department said. The spokesman said that a delegation of Pakistan Association of Blind met Pun
Published 14 Feb, 2015 12:00am
Speakers highlight women workers' woes

Speakers highlight women workers' woes

The government must bound employers to ensure health care and safety protection to women workers, especially who are doing hazardous work; adopt code of conduct for gender justice to safeguard the interests of women workers, and create safe working enviro
Published 14 Feb, 2015 12:00am
Robbery case filed against four-year-old child

Robbery case filed against four-year-old child

Local police officers on Friday detained a four-year old minor child in a case of conducting robbery. The four-year old minor child was produced before the court under the case of carrying out robbery. During the hearing, Civil Judge enraged over the perf
Published 14 Feb, 2015 12:00am
Punjab speeds up efforts towards implementation of NAP

Punjab speeds up efforts towards implementation of NAP

Punjab Chief Minister Muhammad Shahbaz Sharif directed concerned authorities to ensure effective implementation of the National Action Plan (NAP), as the steps taken in this regard are proving very effective. He issued these directives during a meeting, w
Published 14 Feb, 2015 12:00am
'Unholy' nexus between PML-N, PPP exists: PTI leader

'Unholy' nexus between PML-N, PPP exists: PTI leader

Pakistan Tehreek-e-Insaf (PTI) Punjab president Ejaz Chaudhry has said that an unholy nexus between PML-N and PPP continues, as Khursheed Shah taking advantage of his current position as chairman of the Public Accounts Committee has legitimised several un
Published 14 Feb, 2015 12:00am
Clean technology innovation UNIDO, NUST agree to foster entrepreneurship

Clean technology innovation UNIDO, NUST agree to foster entrepreneurship

The United Nations Industrial Development Organisation (UNIDO) and the National University of Science & Technology (NUST) have agreed to foster entrepreneurship in clean technology innovation in Pakistan, where UNIDO and NUST are already working on capaci
Published 14 Feb, 2015 12:00am
JI urges EC to stop use of money in Senate elections

JI urges EC to stop use of money in Senate elections

Ameer, Jamaat e Islami, Pakistan, Siraj-ul-Haq, has called upon the Election Commission to explain what measures it was taking to prevent the use of money in the upcoming Senate elections. He was talking to the media after filing his nomination papers for
Published 14 Feb, 2015 12:00am
Shahbaz condemns attack on imambargah

Shahbaz condemns attack on imambargah

Punjab Chief Minister Muhammad Shahbaz Sharif has on Friday strongly condemned the attack on Imambargah in Hayatabad, Peshawar. He expressed deep sense of sorrow and grief over the loss of precious human lives and sympathised with the bereaved families. H
Published 14 Feb, 2015 12:00am
Minimum wages of work charged employees increased

Minimum wages of work charged employees increased

The Punjab Government has issued notification to enhance the minimum wages of work charged employees of all the government departments from Rs 9,000 to Rs 12,000 per month. According to details, the Punjab government had enhanced the minimum monthly wages
Published 14 Feb, 2015 12:00am
Seminar

Seminar

The Vet Crescent Society of the University of Veterinary and Animal Sciences Lahore organised a seminar on "Wildlife" here Friday. Dr Asim Khalid Mahmood of Pet Centre delivered a lecture on snakes in which he spoke about various shades of a snake life, i
Published 14 Feb, 2015 12:00am
'SSGC team attacked by miscreants in Jacobabad'

'SSGC team attacked by miscreants in Jacobabad'

A team of Sui Southern Gas Company (SSGC) that went to disconnect illegal gas connections was attacked by unknown armed miscreants in Osto Bhaley Dino village of Jacobabad. A senior SSGC engineer was also made hostage by the attackers. According to the de
Published 14 Feb, 2015 12:00am
Hesco expedites campaign to recover receivables

Hesco expedites campaign to recover receivables

The Hyderabad Electric Supply Company (Hesco) has expedited the ongoing operation in 14 districts of Sindh to ensure 100 percent recovery of its outstanding dues and elimination of electricity theft. The operation was launched on the directives of Hyderab
Published 14 Feb, 2015 12:00am
Industrialists protest against gas shortage

Industrialists protest against gas shortage

A large number of industrialists on Friday staged a demonstration near Governor House to protest against non-availability of gas in the Site industrial area. Around 600 industrialists and labourers also staged a protest sit-in near the Governor House from
Published 14 Feb, 2015 12:00am
FFC placed first among top 25 companies by KSE

FFC placed first among top 25 companies by KSE

Fauji Fertilisers Company Limited has achieved another milestone by being placed first among the top 25 companies for the year 2013 by the Karachi Stock Exchange. FFC has consecutively won this award fourth year in running after previously bagging the awa
Published 14 Feb, 2015 12:00am
PTCL brings SmartTV application for World Cup

PTCL brings SmartTV application for World Cup

Pakistan Telecommunication Company Limited (PTCL) has taken the lead by bringing advertisement-free World Cup 2015 for cricket lovers nation-wide. PTCL remains a proud supporter of Pakistan Cricket Team and PTCL customers can now enjoy the much-awaited Cr
Published 14 Feb, 2015 12:00am
Gas line blown up in Dera Bugti

Gas line blown up in Dera Bugti

An eight inch diameter gas pipeline was blown up with explosive device in Loti area her on Friday. Sui officials reported that a gas pipeline in Loti area was exploded by some unidentified militants suspending the gas supply to the Loti Gas field from Kun
Published 14 Feb, 2015 12:00am
PMEX opens doors for new members

PMEX opens doors for new members

Pakistan Mercantile Exchange (PMEX) announced the re-opening of new membership rights. The issuance of new memberships, which were temporarily suspended by Securities & Exchange Commission of Pakistan (SECP) in 2012, has commenced again. A limited amount
Published 14 Feb, 2015 12:00am
'Seeing is Believing' programme Standard Chartered to invest $1 million

'Seeing is Believing' programme Standard Chartered to invest $1 million

As part of avoidable blindness programme "Seeing is Believing," Standard Chartered has announced that it will invest US one million dollars for this programme in Pakistan which will benefit approximately one million people across the country. This project
Published 14 Feb, 2015 12:00am
LHWs to get salaries of December

LHWs to get salaries of December

The Punjab government has released salaries of lady health workers up to November 2014, whereas salary of December will also be released within a week, Advisor on Health Kh Salman Rafique said. Additional Director General Health Integrated Mother & Child
Published 14 Feb, 2015 12:00am
Eight Ucs: anti-polio drive being launched today

Eight Ucs: anti-polio drive being launched today

Some 0.25 million children would be administered polio drops during a fresh anti-polio campaign being launched on February 14 in eight sensitive union councils of the city, it was learnt on Friday. Commissioner Karachi Shoaib Ahmed Siddiqi told this corre
Published 14 Feb, 2015 12:00am
July to December 2014-15: pulses' import increases 39 percent: PBS

July to December 2014-15: pulses' import increases 39 percent: PBS

The country's pulses' import shot up by over 39 percent to US 187.198 million dollars in July-December 2014-15, according to official figures. The pulses' import surged by US 52.827 million dollars in July-December 2014-15 from US 134.371 million dollars
Published 14 Feb, 2015 12:00am
Shale oil/gas reservoirs: OGDCL starts exploration

Shale oil/gas reservoirs: OGDCL starts exploration

State owned Oil and Gas Company Limited (OGDCL) has started exploration of shale oil/gas reservoirs in the country, senior officials said. The OGDCL board of directors recently approved $8 million for exploring shale oil/gas reservoirs, which according to
Published 14 Feb, 2015 12:00am
Auction for rest houses: LHC issues stay order

Auction for rest houses: LHC issues stay order

The Lahore High Court here on Friday staying auction of Punjab Irrigation department's "Rest Houses" situated in Faisalabad, Nankana Sahib, Hafizabad and Jhang called reply from the department.
Published 14 Feb, 2015 12:00am
First coal-fired power plants: Nepra approves upfront tariff

First coal-fired power plants: Nepra approves upfront tariff

National Electric Power Regulatory Authority (Nepra) has approved upfront tariff of levelised tariff of 8.3601 cents and 8.6417 cents for first coal-fired power plants of 660x2 and 150MW installed capacity. The Authority gave determination in accordance w
Published 14 Feb, 2015 12:00am
28 candidates from Sindh submit papers

28 candidates from Sindh submit papers

As many as 28 candidates submitted their nomination papers for upcoming Senate elections on 11 seats from Sindh. The candidates, who submitted their papers to the provincial Election Commission office on Thursday and Friday, are from four political partie
Published 14 Feb, 2015 12:00am
Senate elections: candidates file nomination papers in Islamabad

Senate elections: candidates file nomination papers in Islamabad

Friday was last date for filing nomination papers for Senate elections to be held on March 5. The nomination papers are being received at Election Commission of Pakistan (ECP) Islamabad and the provincial offices of the commission. Scrutiny of the nominat
Published 14 Feb, 2015 12:00am
Furnace oil import: levy of 5 percent RD notified afresh

Furnace oil import: levy of 5 percent RD notified afresh

The Federal Board of Revenue (FBR) Friday issued a notification afresh to impose 5 percent regulatory duty on the import of furnace oil from February 12. Through an S.R.O.132 (I)/2015 issued here, in exercise of the powers conferred by sub-section (3) of
Published 14 Feb, 2015 12:00am
Efforts on to sign FTAs with ASEAN countries, National Assembly told

Efforts on to sign FTAs with ASEAN countries, National Assembly told

Commerce Minister Khurram Dastgir Khan on Friday told the National Assembly that efforts were underway to sign Free Trade Agreements (FTAs) with ASEAN countries to promote trade and export with the 10-member states while the government was also in process
Published 14 Feb, 2015 12:00am
World Cup: MPs raise objections over team selection criteria

World Cup: MPs raise objections over team selection criteria

As India and Pakistan are all set to confront each other in their opening World Cup match on Sunday, Pakistani MPs are upbeat that their team is capable enough to defeat India. Minster for Inter-provincial Co-ordination Riaz Hussain Pirzada has full confi
Published 14 Feb, 2015 12:00am
Lakhvi's detention extended again

Lakhvi's detention extended again

The Islamabad Capital Territory (ICT) Administration on Monday once again extended detention of Zaki-ur-Rehman Lakhvi, the alleged mastermind of Mumbai attacks, for a month. An official said that Deputy Commissioner Mujahid Sherdil issued a notification i
Published 14 Feb, 2015 12:00am
Drive against polio: Imran launches 'Sehat ka Ittehad'

Drive against polio: Imran launches 'Sehat ka Ittehad'

Pakistan Tehreek-e-Insaf chairman Imran Khan has launched the "Sehat Ka Ittehad" programme here on Friday, aiming at to eliminate polio from Khyber Pakhtunkhwa and Fata. This special programme is a joint venture of provincial government, army and the fede
Published 14 Feb, 2015 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on February 10, 2015.

Published 14 Feb, 2015 12:00am
Central Asian States: Mamnoon highlights importance of connectivity

Central Asian States: Mamnoon highlights importance of connectivity

President Mamnoon Hussain has said that land and air connectivity between Pakistan and Central Asian Republics is need of the hour as it will boost economic co-operation with Turkmenistan and other countries of the region. Atadjan Movlamov, Ambassador of
Published 14 Feb, 2015 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on February 10, 2015.

Published 14 Feb, 2015 12:00am
Senate elections: PTI awards tickets to 10 candidates from KP

Senate elections: PTI awards tickets to 10 candidates from KP

Pakistan Tehreek-e-Insaf (PTI) Friday awarded tickets to 10 candidates from Khyber Pakhtunkhawa who would contest the upcoming Senate elections scheduled for March 5. Samina Abid and Rabia Basra were awarded tickets against the seats reserved for women. N
Published 14 Feb, 2015 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on February 10, 2015.

Published 14 Feb, 2015 12:00am
Lakhvi's petition rejected

Lakhvi's petition rejected

A lower court here on Friday rejected an application filed by Zakiur Rehman Lakhvi, the main accused in the 2008 Mumbai terrorists attack, seeking acquittal in a kidnapping case registered against him. Lakhvi has filed the application in the trial court,
Published 14 Feb, 2015 12:00am
The Weather

The Weather

The weather report on Friday (February 13, 2015) and the forecast for Saturday (February 14, 2015).

Published 14 Feb, 2015 12:00am
Was 1990s privatisation programme a failure?

Was 1990s privatisation programme a failure?

The success or failure of 1990s privatisation programme has been discussed in many articles published in Analysis and Comments of Business Recorder. The article on 10th February, 2015 deserves special scrutiny.
Published 14 Feb, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (February 13, 2015).

Published 14 Feb, 2015 12:00am
Trendy markets help transform Johannesburg's once-feared downtown

Trendy markets help transform Johannesburg's once-feared downtown

A former dynamite factory and an ex-parking lot - these are some of the unlikely settings for Johannesburg's bustling weekend markets which are helping turn a once-dangerous downtown into a multiracial melting pot. Dolly Louw, a young black actress from S
Published 14 Feb, 2015 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 14 Feb, 2015 12:00am
As US oil tanks swell at record rate, traders ask: for how long?

As US oil tanks swell at record rate, traders ask: for how long?

Oil is flooding into US storage tanks at an unprecedented rate, leading traders to wonder how long the hub in Cushing, Oklahoma, can keep absorbing its share of the global supply glut. About half the surplus crude accumulating in tanks across the United S
Published 14 Feb, 2015 12:00am
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