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Print - 2015-02-27
Dancing, gunfire as Afghans celebrate

Dancing, gunfire as Afghans celebrate

Hundreds of jubilant Afghan cricket fans flooded onto the streets of major cities Thursday, dancing, waving flags and firing AK-47s in celebration at their team's historic World Cup win over Scotland. Afghanistan, making their World Cup debut, secured a n
Published 27 Feb, 2015 12:00am
Murray suffers shock defeat to lucky loser

Murray suffers shock defeat to lucky loser

Andy Murray, the former Wimbledon and US Open champion who has this week risen to world number three, suffered one of the most remarkable defeats of his career when he was outplayed 6-1, 6-3 by Borna Coric, an 18-year-old Croatian who only gained entry to
Published 27 Feb, 2015 12:00am
Monaco stun Arsenal with 3-1 away win

Monaco stun Arsenal with 3-1 away win

Monaco gave Arsenal a lesson in patient, counter-attacking football to win their Champions League last 16 first leg-match 3-1 in London on Wednesday and take a stranglehold on the tie. French midfielder Geoffrey Kondogbia put the visitors ahead after 38 m
Published 27 Feb, 2015 12:00am
Afghanistan post first-ever win in World Cup

Afghanistan post first-ever win in World Cup

Afghanistan posted their first-ever victory at the World Cup on Thursday with a nail-biting one-wicket win over Scotland in Dunedin on Thursday. Afghanistan chased down their target of 211 with just three balls to spare, bringing up a remarkable win for t
Published 27 Feb, 2015 12:00am
US regulator adopts rules banning two-speed Internet

US regulator adopts rules banning two-speed Internet

A US regulator Thursday approved a much-debated "open Internet" rule that bans broadband companies from charging to put online services in a so-called "fast lane." The Federal Communication Commission's 3-2 vote came amid intense political debate in Washi
Published 27 Feb, 2015 12:00am
Ireland passes EU's first tobacco plain packaging law

Ireland passes EU's first tobacco plain packaging law

Ireland on Thursday became the first European Union member state to pass a law introducing mandatory plain packaging for tobacco products, prompting the tobacco industry to threaten legal action. Under the new rules all forms of branding, including logos
Published 27 Feb, 2015 12:00am
Jordan, Israel sign deal to help save Dead Sea

Jordan, Israel sign deal to help save Dead Sea

Jordan and Israel signed a deal on Thursday to build a pipeline to link the Red Sea with the shrinking Dead Sea and combat regional water shortages. The official Petra news agency said that the agreement signed in the Jordanian capital, Amman, would set i
Published 27 Feb, 2015 12:00am
Nato chief tells Russia to get arms out of Ukraine

Nato chief tells Russia to get arms out of Ukraine

Nato chief Jens Stoltenberg warned Thursday that any attempt to expand the territory held by separatists in Ukraine would be "unacceptable" and told Russia to withdraw 1,000 items of military equipment from its neighbour's territory. Speaking after meetin
Published 27 Feb, 2015 12:00am
Ukraine begins artillery withdrawal, recognising truce is holding

Ukraine begins artillery withdrawal, recognising truce is holding

Ukrainian troops towed artillery away from the front line in the east on Thursday, a move that amounted to recognising that a cease-fire meant to take effect on February 15 was holding at last. The military showed reporters seven or eight guns being towed
Published 27 Feb, 2015 12:00am
Cover-up case against Kirchner dismissed

Cover-up case against Kirchner dismissed

An Argentine judge on Thursday dismissed the case against President Cristina Kirchner for allegedly shielding Iranian officials from prosecution over the 1994 bombing of a Buenos Aires Jewish center. Prosecutors had sought to relaunch the case against Kir
Published 27 Feb, 2015 12:00am
Russian jets to hold drills over Barents sea

Russian jets to hold drills over Barents sea

Russia's airforce started exercises that will involve jets striking back against a "supposed enemy" over the Barents Sea that borders Norway, the military said Thursday. Pilots will "practise repelling a massive air strike by a supposed enemy during exerc
Published 27 Feb, 2015 12:00am
Iran military helicopter crash kills three

Iran military helicopter crash kills three

An Iranian military helicopter crash on Thursday north of Tehran killed all three people on board, media reported, quoting a local official. "Initial information indicates that the helicopter belonged to the air force and that the three crew members on bo
Published 27 Feb, 2015 12:00am
Nepal court says no amnesty for war crimes

Nepal court says no amnesty for war crimes

Nepal's top court on Thursday said two bodies set up to investigate war crimes committed during the country's decade-long civil conflict would not be able to grant amnesty for serious rights abuses. Former Maoist rebels and security forces have both been
Published 27 Feb, 2015 12:00am
Sudanese leader says being hounded by ICC, West

Sudanese leader says being hounded by ICC, West

Sudan's President Omar al-Bashir, who is gearing up for an April election expected to return him to office, said in an interview on Thursday the International Criminal Court and Western powers were "hounding" him. Indicted by the ICC for war crimes and cr
Published 27 Feb, 2015 12:00am
Norway's Catholic Church allegedly swindles millions

Norway's Catholic Church allegedly swindles millions

Norwegian police raided the premises of the Catholic Church Thursday on suspicion it had inflated membership figures for years to fraudulently claim six million euros in illegitimate state funding. The Diocese of Oslo - which manages the records of the Ca
Published 27 Feb, 2015 12:00am
IS executioner 'Jihadi John' named by media

IS executioner 'Jihadi John' named by media

"Jihadi John", the masked Islamic State militant apparently responsible for beheading Western hostages, was named on Thursday as Kuwaiti-born London computer programmer Mohammed Emwazi. A Washington Post report citing friends, a leading think tank researc
Published 27 Feb, 2015 12:00am
Two Koreas row over wages in joint industrial complex

Two Koreas row over wages in joint industrial complex

North Korea notified South Korea on Thursday of a raise in the minimum wage for workers in their Kaesong joint industrial complex, a unilateral move immediately rejected by Seoul. The South's Unification Ministry said it had received a faxed message stati
Published 27 Feb, 2015 12:00am
Two blasts rock central Nigeria's Jos, at least 17 dead

Two blasts rock central Nigeria's Jos, at least 17 dead

Two blasts targeting a bus park in the central Nigerian city of Jos killed at least 17 people on Thursday, the military and witnesses told AFP. "There were twin blasts today in Jos," said Ikedichi Iweha, military spokesman in the Plateau state capital whi
Published 27 Feb, 2015 12:00am
US blogger of Bangladeshi origin hacked to death

US blogger of Bangladeshi origin hacked to death

A US blogger of Bangladeshi origin was Thursday hacked to death in Dhaka by unidentified assailants, police said, with his family saying the writer had received numerous threats from Islamist militants. Avijit Roy, founder of Mukto-Mona (Free-mind) blog s
Published 27 Feb, 2015 12:00am
More rains with snowfall forecast from Sunday

More rains with snowfall forecast from Sunday

As the water inflow in the four live rivers has unusually risen to 183,500 cusecs in the month of March following the recent rains up country, the Meteorological Department has predicted more winter rains with snowfall over the hills in the country from S
Published 27 Feb, 2015 12:00am
2014-15: PAD sets 39.700 million tons of sugarcane production target

2014-15: PAD sets 39.700 million tons of sugarcane production target

Punjab Agriculture Department (PAD) has fixed sowing target of sugarcane for the year 2014-15 at 1.690 million acres of land with production target of 39.700 million tons. Experts of the Agriculture department have advised the sugarcane growers that best
Published 27 Feb, 2015 12:00am
Shahbaz approves measures for promotion of IT

Shahbaz approves measures for promotion of IT

Punjab Chief Minister Shahbaz Sharif presided over a high level meeting here on Thursday which gave approval to various important measures for the promotion of information technology in the province. The meeting decided to launch "Khadim-e-Punjab Metro Wi
Published 27 Feb, 2015 12:00am
Afghan woman: Nadra official clarifies position

Afghan woman: Nadra official clarifies position

Deputy Assistant Director Nadra Palwasha Afridi on Thursday denied media reports regarding her removal from job for processing Computerised National Identity Cards of Sharbat Bibi, a famous Afghan woman and her two sons and termed the reports are complete
Published 27 Feb, 2015 12:00am
Interior ministry seeks Rs 19.998 billion for 256 projects

Interior ministry seeks Rs 19.998 billion for 256 projects

The Ministry of Interior has demanded Rs 19.998 billion for 105 ongoing and 151 new projects for the next financial year (2015-16). According to a document submitted by Ministry of Interior to National Assembly Standing Committee on Interior and Narcotics
Published 27 Feb, 2015 12:00am
Senate subcommittee approves Cyber Crimes Bill

Senate subcommittee approves Cyber Crimes Bill

A sub-committee of the Senate Standing Committee on Information Technology and Telecommunications on Thursday approved a cyber crimes bill and referred it to the committee for final endorsement. The bill titled, "The Protection of Cyber Crimes Bill, 2014,
Published 27 Feb, 2015 12:00am
Flood victims: Saudi Arabia launching new construction projects

Flood victims: Saudi Arabia launching new construction projects

Saudi Arabia is launching new construction projects to help improve the life of the people of Pakistan affected by recent floods in their areas here on Thursday. The construction projects which would be completed in the flood-hit areas include schools (07
Published 27 Feb, 2015 12:00am
Concern voiced at high incidence of road accidents in Pakistan

Concern voiced at high incidence of road accidents in Pakistan

Pakistan is the third country in the world for high rate of road accidents and causes over $200 million annually in respect to social and economic losses, said Road Safety experts here on Thursday. They were addressing at a National Road Safety seminar or
Published 27 Feb, 2015 12:00am
ERRA's wind-up possible only through act of parliament: official

ERRA's wind-up possible only through act of parliament: official

The winding up of Earthquake Reconstruction and Rehabilitation Authority (ERRA) is only possible through an act of the parliament as the body has statutory cover. According to senior government officials, the ERRA was established through an ordinance afte
Published 27 Feb, 2015 12:00am
Prime Minister visits late Justice Bhagwandas residence

Prime Minister visits late Justice Bhagwandas residence

Prime Minister Nawaz Sharif on Thursday visited the residence of late Rana Bhagwandas, former judge of the Supreme Court of Pakistan to express condolences with the bereaved family. Talking to the wife of Rana Bhagwandas, the Prime Minister regarded the l
Published 27 Feb, 2015 12:00am
CEO says PSM needs Rs 8.2 billion more funds

CEO says PSM needs Rs 8.2 billion more funds

Pakistan Steel Mills (PSM) has sought immediate release of Rs 8.2 billion for payment of salaries and utility bills, besides repair of the plant. Speaking at a press conference here on Thursday, PSM Chief Executive Officer Major General Zaheer Ahmed Khan
Published 27 Feb, 2015 12:00am
Five oil tankers with smuggled diesel seized

Five oil tankers with smuggled diesel seized

Frontier Corps (FC) on Thursday recovered as many as five oil tankers being smuggled from Iran. As per details, FC raided the adjoining areas of Kalat national highway and confiscated at least five oil tankers carrying 190,000 litres of diesel.
Published 27 Feb, 2015 12:00am
US congress pushes for Dr Shakil Afridi's release

US congress pushes for Dr Shakil Afridi's release

The Obama administration was criticised by US Congress on Wednesday for extending financial support to Pakistan despite Islamabad's reluctance to release Dr Shakil Afridi. Lawmakers put forward several tough questions for Secretary of State John Kerry aft
Published 27 Feb, 2015 12:00am
'Soan Gardens' scam: PAC sub-body seeks challans' details today

'Soan Gardens' scam: PAC sub-body seeks challans' details today

Public Accounts Committee (PAC)'s sub-committee directed FIA on Thursday to provide details of challans against a 'Soan Gardens' housing society scam on Friday (today). The committee's meeting was held with Sardar Ashiq Hussain Gopang in the chair and exa
Published 27 Feb, 2015 12:00am
CEO Pesco launches tree plantation campaign

CEO Pesco launches tree plantation campaign

Chief Executive, Peshawar Electric Supply Company (PESCO), Syed Hassan Fazil inaugurated tree plantation campaign by planting an "Araucaria plant" in WAPDA House Peshawar on Thursday. On this occasion, GM Finance Anwar-ul-Haq Yousafzai, GM Technical Fida
Published 27 Feb, 2015 12:00am
QWP urges KP government to spend allocated money on uplift works

QWP urges KP government to spend allocated money on uplift works

Qaumi Watan Party (QWP) Provincial Chairman Sikandar Hayat Khan Sherpao on Thursday urged the Khyber Pakhtunkhwa government to expedite the utilisation of existing development budgets allocated under Annual Development Programme (ADP). QWP leader feared t
Published 27 Feb, 2015 12:00am
Cigarette manufacturer accused of misleading FBR

Cigarette manufacturer accused of misleading FBR

TheNetwork for Consumer Protection has conveyed to Chairman Federal Board of Revenue (FBR) Tariq Bajwa that the leading cigarette manufacturing giant is misleading the tax authorities about expected revenue shortfall and distorting facts under cover of ne
Published 27 Feb, 2015 12:00am
Cigarette manufacturer accused of misleading FBR

Cigarette manufacturer accused of misleading FBR

TheNetwork for Consumer Protection has conveyed to Chairman Federal Board of Revenue (FBR) Tariq Bajwa that the leading cigarette manufacturing giant is misleading the tax authorities about expected revenue shortfall and distorting facts under cover of ne
Published 27 Feb, 2015 12:00am
Upgrading of paramedics post in KP sanctioned

Upgrading of paramedics post in KP sanctioned

A high-level meeting held under the chairmanship of the Khyber Pakhtunkhwa Minister for Finance Muzaffar Syed Advocate has principally sanctioned the up-grading of paramedics post in the province to grade 12 from grade 9 to improve working conditions of t
Published 27 Feb, 2015 12:00am
Pakistan Post seeks to act as regulator of courier services

Pakistan Post seeks to act as regulator of courier services

The Pakistan Post has moved a summary about regulating the courier services, which are fleecing consumers without any check and balance, Secretary In-charge Pakistan Post Shahid Tarrar informed the Public Accounts Committee (PAC) on Thursday. The committe
Published 27 Feb, 2015 12:00am
UN peacekeeping missions: FO denies reports

UN peacekeeping missions: FO denies reports

Pakistan on Thursday contradicted media reports that it has conveyed to the visiting High Level Independent Panel on Peace Operations that the country will not assign additional troops for the UN peacekeeping missions owing to its extensive engagements at
Published 27 Feb, 2015 12:00am
'Police facilitation desks being set up in government hospitals'

'Police facilitation desks being set up in government hospitals'

The Punjab police is setting up 'Police Facilitation Desks' in the government hospitals of all districts to ensure the timely provision of medical treatment to the serving / retired force and their families. This was stated by Inspector General of Police
Published 27 Feb, 2015 12:00am
NBP approves cash dividend of Rs 5.5 per share

NBP approves cash dividend of Rs 5.5 per share

The Board of Directors of National Bank of Pakistan in their meeting on Thursday approved the financial statements of the bank for the year ended December 31, 2014. The Board have proposed final cash dividend of Rs 5.5 per share (55 percent) for the year
Published 27 Feb, 2015 12:00am
NBP approves cash dividend of Rs 5.5 per share

NBP approves cash dividend of Rs 5.5 per share

The Board of Directors of National Bank of Pakistan in their meeting on Thursday approved the financial statements of the bank for the year ended December 31, 2014. The Board have proposed final cash dividend of Rs 5.5 per share (55 percent) for the year
Published 27 Feb, 2015 12:00am
Lamudi.pk relaunches new intuitive design website

Lamudi.pk relaunches new intuitive design website

Lamudi.pk has re-launched with a complete revamp of its website to offer a more intuitive design that streamlines the online house-hunting process for users globally. The new website introduces a responsive design, with the site adapting to match the user
Published 27 Feb, 2015 12:00am
Government tightens cellphone control after APS massacre

Government tightens cellphone control after APS massacre

Almost every citizen has a cellphone, but from now on, Big Brother is checking to make sure their name, number and fingerprints are on record. The measures are meant to tighten control of cellphones and avert their use for militant attacks after the Talib
Published 27 Feb, 2015 12:00am
New polio case detected in Balochistan

New polio case detected in Balochistan

Another case of polio virus was detected in Killa Abdullah on Thursday According to officials of Health department of Balochistan, a two-year-old girl named Bibi Hanifa fell prey to the crippling virus. The number of polio cases reported from Balochistan
Published 27 Feb, 2015 12:00am
Warid offers SIM verification status by SMS, IVR

Warid offers SIM verification status by SMS, IVR

With the current efforts of biometric verification of SIMs nation-wide, the telecom industry is facing many challenges to complete the process in time. The main focus of all the mobile operators is to verify the maximum number of their subscribers in the
Published 27 Feb, 2015 12:00am
NIT declares half-yearly results of 2014-15

NIT declares half-yearly results of 2014-15

National Investment Trust announced half-yearly results for various funds under management. NIT maintained its leadership position in the mutual fund industry, with assets under management of Rs 96 billion on 31st December 2014, increasing by 17 percent,
Published 27 Feb, 2015 12:00am
NIT declares half-yearly results of 2014-15

NIT declares half-yearly results of 2014-15

National Investment Trust announced half-yearly results for various funds under management. NIT maintained its leadership position in the mutual fund industry, with assets under management of Rs 96 billion on 31st December 2014, increasing by 17 percent,
Published 27 Feb, 2015 12:00am
HBL signs ATM partnership agreement with Byco

HBL signs ATM partnership agreement with Byco

Habib Bank Limited (HBL), Pakistan's largest bank serving over 7 million customers with the widest ATM network of more than 1500 ATMs countrywide, entered into a strategic alliance with Byco Petroleum Pakistan Limited (BPPL) at a ceremony recently held at
Published 27 Feb, 2015 12:00am
22nd Constitutional Amendment: Dar holds meeting with Tareen

22nd Constitutional Amendment: Dar holds meeting with Tareen

Pakistan Tehreek-e-Insaf (PTI) on Thursday linked its return to National Assembly with constitution of a judicial commission in response to a government request to return to the Parliament to vote on a proposed 22nd constitutional amendment to do away wit
Published 27 Feb, 2015 12:00am
SSC to begin protest movement from today

SSC to begin protest movement from today

Provincial leaders of Sunni Supreme Council (SSC) slammed the provincial government for not arresting killers of renowned religious cleric Mualana Mahmud Shah Rizvi, and announced to start protest movement from Friday (today) across the province.
Published 27 Feb, 2015 12:00am
Dr Amir to head Arysta for South Asia

Dr Amir to head Arysta for South Asia

Arysta LifeScience, previously owned by Permira Funds, has been acquired by Platform Specialty Products Corporation, a global diversified specialty chemicals company listed on the New York Stock Exchange. This acquisition marks Platform's third acquisitio
Published 27 Feb, 2015 12:00am
Neelum Jhelum project: Pak-Kuwait Addl $32 million Loan Agreement signed

Neelum Jhelum project: Pak-Kuwait Addl $32 million Loan Agreement signed

The Pak-Kuwait Additional Loan Agreement of US $32 million for Neelum Jhelum Hydropower Project was signed here on Thursday. Secretary EAD Saleem Sethi and Deputy DG Kuwait Fund for Arab Economic Development (KFED) Hamad Al-Omar signed the agreement on be
Published 27 Feb, 2015 12:00am
US consulate band performs at NAPA's 10th anniversary

US consulate band performs at NAPA's 10th anniversary

The audience at Karachi's National Association of Performing Arts (NAPA) got a special treat: US Consulate Karachi sponsored Mary McBride Band performing beloved American musical favourites. On a return visit to Karachi, Mary McBride and her band are part
Published 27 Feb, 2015 12:00am
Jodia Bazaar: crimes under control, trade activities picking up

Jodia Bazaar: crimes under control, trade activities picking up

"Bhai mall nahi hey. Do chaar rooz lagen gay. Jaldi karo time zaya na karo (We don't have stocks. You have to wait two to four days. Please do it fast and don't waste my time)," Haroon Agar was talking to a customer, when I entered his office in Jodia Baz
Published 27 Feb, 2015 12:00am
Three persons kidnapped for ransom recovered

Three persons kidnapped for ransom recovered

The Frontier Constabulary (FC) men recovered three abducted persons during a search operation here on Thursday. FC spokesman said that the paramilitary troops raided a house in Mand area of district Ketch in Balochistan. During crackdown three persons kid
Published 27 Feb, 2015 12:00am
Gas pipeline blown up in Bakhtyarabad

Gas pipeline blown up in Bakhtyarabad

A 24-inch-diameter pipeline coming from Quetta was blown up on Thursday in Bakhtyarabad area near Sibi district. According to reports, unidentified militants targeted the pipeline through a remote-controlled device disrupting the gas supply to various are
Published 27 Feb, 2015 12:00am
PIBTL to increase cargo handling capacity to 16mtpa

PIBTL to increase cargo handling capacity to 16mtpa

Pakistan International Bulk Terminal Limited (PIBTL) is expanding operations to increase its cargo handling capacity by four million tons per annum (mtpa). The project expansion, which has been approved by the terminal operator's Board of Directors in its
Published 27 Feb, 2015 12:00am
PTA chief slams government for levying GIDC

PTA chief slams government for levying GIDC

Pakistan Tanners Association's (PTA) South Zone chapter's chairman Hamid A Zahoor has said that all the previous governments in Pakistan had made no serious efforts to find out alternative sources of revenue or to broaden the tax base.
Published 27 Feb, 2015 12:00am
Tariq Haleem appointed Chairman FPCCI body

Tariq Haleem appointed Chairman FPCCI body

The President of The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Mian Muhammad Adrees has appointed Tariq Haleem as the Chairman of FPCCI Standing Committee on "Commerce", (2015). In addition to his role as the Chairman of FPCCI Standin
Published 27 Feb, 2015 12:00am
Saudi Arabia beheads Pakistani for drug smuggling

Saudi Arabia beheads Pakistani for drug smuggling

Saudi Arabia beheaded a Pakistani convicted of heroin trafficking on Thursday, bringing to 33 the number of death sentences carried out in the first two months of the year. Authorities executed Hafiz Wifaq Rasoul Shah in Medina, an interior ministry state
Published 27 Feb, 2015 12:00am
Steak 'n Shake to open 15 new locations

Steak 'n Shake to open 15 new locations

Steak 'n Shake, the pioneer of the premium burger segment of the restaurant industry, announced on Thursday that it will open 15 new locations in Pakistan. Steak 'n Shake has signed an exclusive agreement with FM Foods Pvt Ltd, an affiliate of MJ Holdings
Published 27 Feb, 2015 12:00am
SHC asks government if arms licence be issued in booklet form

SHC asks government if arms licence be issued in booklet form

The Sindh High Court on Thursday directed the interior secretary to apprise it whether the authorities could issue arms licences in the form of booklet. A division bench, headed by Justice Nadeem Akhtar, had taken up an application filed by the federal go
Published 27 Feb, 2015 12:00am
Forex reserves fall by $93 million

Forex reserves fall by $93 million

The country's total liquid foreign exchange reserves declined by $93 million during the last week. According to State Bank of Pakistan (SBP), the country's total liquid reserves stood at $15.944 billion as on February 20, compared to $16.037 billion on Fe
Published 27 Feb, 2015 12:00am
NA body discusses ministers' assurances given in Assembly

NA body discusses ministers' assurances given in Assembly

The National Assembly's Standing Committee on Government Assurances met on Thursday in Parliament House, Islamabad under the Chairmanship of Muhammad Afzal Khokhar, MNA to consider the following agenda: To discuss the assurance given by Chaudhry Nisar Ali
Published 27 Feb, 2015 12:00am
Child responsive budgeting a useful tool: Dr Ayesha

Child responsive budgeting a useful tool: Dr Ayesha

Punjab Vice Chairperson, Social Protection Authority and Parliamentarian, Dr Ayesha Ghaus Pasha has said that child responsive budgeting (CRB) is a useful tool to determine the adequacy of the budgetary child related allocations to fulfil children needs i
Published 27 Feb, 2015 12:00am
Man held for illegal business of Hawala

Man held for illegal business of Hawala

A team of Federal Investigation Agency (FIA) during a raid here at Hall road arrested one Imran Ahad on the charge of doing illegal business of hundi Hawala and funds transfer. As per details FIA team headed by Sarwar Asghar following an information condu
Published 27 Feb, 2015 12:00am
LHC directs PCB to return penalty amount to Shoaib

LHC directs PCB to return penalty amount to Shoaib

The Lahore High Court here on Thursday, setting aside the decision of a tribunal constituted by the Pakistan Cricket Board (PCB), directed the PCB to return the penalty amount to Shoaib as he had already paid the amount in worth of rupees seven million. P
Published 27 Feb, 2015 12:00am
Sectarian groups: PTI for strict clean-up operation

Sectarian groups: PTI for strict clean-up operation

PTI Punjab president Ejaz Chaudhary has said that Punjab is the epicentre of banned outfits and a strict cleanout operation against sectarian groups is the need of the hour. He said that government has confessed that banned Lashkar-e-Jhangvi was involved
Published 27 Feb, 2015 12:00am
Animal feeding: PLDDB conducts trial of 'Wanda' from maize cobs

Animal feeding: PLDDB conducts trial of 'Wanda' from maize cobs

Punjab Livestock & Dairy Development Board (PLDDB) has successfully conducted a trial of Total Mix Ration (TMR) "Wanda" from maize cobs at Livestock Experiment Station, Khizerabad, which will provide low-cost feeding material to farmers for their animals.
Published 27 Feb, 2015 12:00am
Allama Iqbal Airport Emergency Evacuation Exercise held

Allama Iqbal Airport Emergency Evacuation Exercise held

Considering prevailing security situation and on instruction of Director General of Civil Aviation Authority (CAA) Air Marshal Muhammad Yousuf, an Emergency Evacuation Exercise was conducted at Allama Iqbal International Airport Lahore on Thursday. The su
Published 27 Feb, 2015 12:00am
'Punjab Assembly staff improve performance'

'Punjab Assembly staff improve performance'

Rai Mumtaz Hussain Babar Secretary Punjab Assembly addressing a meeting of staff in the committee room of the assembly here on Thursday stated that inefficiency in their below par performance would not be tolerated. He said in order to improve their perfo
Published 27 Feb, 2015 12:00am
Burden on exchequer: government urged to privatise state entities

Burden on exchequer: government urged to privatise state entities

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman Kh Zarar Kaleem has urged the government to privatise the state owned entities, as these are burden on the national exchequer. The Regional Chairman while quoting the e
Published 27 Feb, 2015 12:00am
OPC formed to resolve problems: chief minister Punjab

OPC formed to resolve problems: chief minister Punjab

Punjab Chief Minister Shahbaz Sharif has said that Pakistanis living abroad are the country's ambassadors and the Punjab government has formed Overseas Pakistanis Commission (OPC) to solve their problems and the OPC will play an important role in this reg
Published 27 Feb, 2015 12:00am
Senate polls: LHC seeks report from government by March 3

Senate polls: LHC seeks report from government by March 3

The Lahore High Court here on Thursday sought report from the federal government by March 3, in response to an application seeking directions to hold senate election through show of hand. The court directed to the federal government to inform whether it w
Published 27 Feb, 2015 12:00am
LHC rejects 'Elevated Expressway' project

LHC rejects 'Elevated Expressway' project

A full bench of the Lahore High Court here on Thursday rejected Punjab government's project of 'Elevated Expressway' from Gulberg to Motorway-II after the government failed to establish urgency being shown for acquiring land for the project. The bench pas
Published 27 Feb, 2015 12:00am
Cotton rises to five-month high on weaker dollar, speculator buying

Cotton rises to five-month high on weaker dollar, speculator buying

ICE cotton rose to a more than five-month high on Wednesday, boosted by a falling dollar and rising oil prices as speculators continued buying long positions amid low certificated exchange stock levels. The most-active May cotton contract on ICE Futures U
Published 27 Feb, 2015 12:00am
Shanghai copper jumps

Shanghai copper jumps

The most-traded May copper contract on the Shanghai Futures Exchange jumped 1.4 percent to close at 42,680 yuan ($6,819) a tonne on Thursday after Lunar New Year and traders looked for any signs of appetite in the world's top user of the metal ahead of th
Published 27 Feb, 2015 12:00am
Copper climbs to six-week high

Copper climbs to six-week high

Copper jumped to the highest in six weeks on Thursday as bearish investors scrambled to buy futures to close out their positions after Chinese trading resumed following a holiday break. The rest of the LME complex also had a firm undertone thanks to the r
Published 27 Feb, 2015 12:00am
Soyabeans slide

Soyabeans slide

Chicago Board of Trade soyabeans retreated on Wednesday from a six-week high earlier this week, on prospects for an imminent end to the Brazilian truck drivers' strike which had threatened exports just as the country's massive soyabean crop was entering w
Published 27 Feb, 2015 12:00am
Palm oil rises

Palm oil rises

Malaysian palm oil futures inched up on Thursday, tracking gains in crude markets, but uncertainty over global appetite for the vegetable oil and prospects of a faster-than-expected recovery in weather-hit yields kept prices rangebound. An improved view o
Published 27 Feb, 2015 12:00am
Arabica coffee hits one-year low

Arabica coffee hits one-year low

Arabica coffee futures hit a fresh one-year low on Thursday, pressured by rainfall in top grower Brazil and a stronger dollar, while cocoa eased after brisk bean arrivals in West Africa. Raw sugar futures recovered in a technical bounce from Wednesday's f
Published 27 Feb, 2015 12:00am
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