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Print - 2015-03-14
Guptill stars as New Zealand edge Bangladesh

Guptill stars as New Zealand edge Bangladesh

Opener Martin Guptill hit a fighting century to guide New Zealand to their sixth consecutive victory in the World Cup with a three-wicket win over an inspired Bangladesh in Hamilton on Friday. Guptill scored 105 for his sixth one-day hundred to help the c
Published 14 Mar, 2015 12:00am
Iraqi forces pause in battle to drive Islamic State from Tikrit

Iraqi forces pause in battle to drive Islamic State from Tikrit

Frustrated by guerrilla tactics from Islamic State militants, Iraqi forces paused for reinforcements on Friday in a major offensive to take back the city of Tikrit. The operation appeared to have stalled for the time being, two days after Iraqi security f
Published 14 Mar, 2015 12:00am
Modi urges security cooperation on Sri Lanka trip

Modi urges security cooperation on Sri Lanka trip

Indian Prime Minister Narendra Modi called for greater security co-operation with Sri Lanka on Friday during a landmark visit to the strategically located Indian Ocean island, whose drift towards China has raised concerns in New Delhi. Modi told Sri Lanka
Published 14 Mar, 2015 12:00am
Cuba requests 20-year sentences for egg thieves

Cuba requests 20-year sentences for egg thieves

Prosecutors in Cuba have requested prison sentences of up to 20 years for officials accused of stealing eight million eggs from state companies, state media said Friday. The 2012 egg affair cost the communist country's government $356,000, state newspaper
Published 14 Mar, 2015 12:00am
Indonesia accuses US of breaking WTO rules with paper duties

Indonesia accuses US of breaking WTO rules with paper duties

The World Trade Organisation said Friday Indonesia had filed a complaint accusing Washington of breaching global trade rules by imposing punitive tariffs on its shipments of coated paper. The WTO said it had been notified by Indonesia that it was requesti
Published 14 Mar, 2015 12:00am
Putin spokesman denies baby rumours

Putin spokesman denies baby rumours

A spokesman for Vladimir Putin on Friday denied rumours swirling in the European media that a baby had been born to the Russian leader. Several news outlets reported that a woman romantically linked to Putin in the past had given birth, a possible explana
Published 14 Mar, 2015 12:00am
German court overturns ban on headscarves for Muslim women teachers

German court overturns ban on headscarves for Muslim women teachers

Muslim women teachers can wear headscarves as long as it does not cause disruption in school, Germany's top court said in a ruling that overturns an earlier ban and may fuel debate about what some nationalist groups see as creeping "Islamisation". The Con
Published 14 Mar, 2015 12:00am
Two Koreas trade barbs over industrial park wage row

Two Koreas trade barbs over industrial park wage row

North and South Korea dug in their heels Friday in an escalating row over wages at their Kaesong joint industrial zone. Pyongyang last month announced it would raise the basic salary of some 54,000 North Korean workers employed across 125 South Korean fir
Published 14 Mar, 2015 12:00am
Venezuela's Maduro says may go to US to challenge Obama

Venezuela's Maduro says may go to US to challenge Obama

Ridiculing the US qualification of Venezuela as a security threat, President Nicolas Maduro said on Thursday he may travel to Washington to challenge American counterpart Barack Obama. "We demand, via all global diplomatic channels, that President Obama r
Published 14 Mar, 2015 12:00am
After years of stalemate, Sweden seeks London date with Assange

After years of stalemate, Sweden seeks London date with Assange

Swedish prosecutors want to question Julian Assange in London over allegations of sexual assault, potentially ending an impasse that left the WikiLeaks founder holed up for almost three years in Ecuador's embassy. Swedish prosecutors said on Friday they h
Published 14 Mar, 2015 12:00am
Former British TV weatherman jailed for child abuse

Former British TV weatherman jailed for child abuse

A former British television weatherman was jailed for five years on Friday for indecently assaulting two schoolboys in his previous job as a teacher, in the latest abuse case to rock the entertainment industry. Fred Talbot, 65, became famous for presentin
Published 14 Mar, 2015 12:00am
China boosts Africa diplomacy

China boosts Africa diplomacy

China boosted its diplomatic presence in Africa on Friday, becoming only the second country after the United States to have a dedicated ambassador to the African Union. "China needs to devote more attention and resources to Africa," said Kuang Weilin, Bei
Published 14 Mar, 2015 12:00am
Beijing welcomes Britain's move to join China-backed bank

Beijing welcomes Britain's move to join China-backed bank

Beijing on Friday hailed Britain's announcement that it will seek to join a Chinese-led development bank, after Washington voiced caution about the move. The $50 billion Asian Infrastructure Investment Bank (AIIB) has been feted by Beijing as a way of fin
Published 14 Mar, 2015 12:00am
Cooking oil prices: Minister for action against profiteers

Cooking oil prices: Minister for action against profiteers

Punjab Agriculture Minister Dr Farrukh Javed has instructed price control magistrates in the province to crack down on those refusing to reduce the cooking oil prices. He stated this during a department meeting here on Friday which discussed action agains
Published 14 Mar, 2015 12:00am
Music Festival in Austin: US embassy sponsors six Pakistani bands

Music Festival in Austin: US embassy sponsors six Pakistani bands

The US Embassy in Islamabad, in co-operation with the Foundation for Arts, Culture, and Education (FACE), has sponsored six Pakistani bands to strengthen connections between the United States and Pakistan through a week of performances at the 2015 South-b
Published 14 Mar, 2015 12:00am
Ghee, edible oil prices in Punjab: PVMA warns of possible shutdown

Ghee, edible oil prices in Punjab: PVMA warns of possible shutdown

A tussle between the Punjab government and the Pakistan Vanaspati Manufacturers Association (PVMA) intensified on Friday as the government attempted to enforce a reduction of Rs 15 per kilogram in prices of edible oil and ghee through administrative measu
Published 14 Mar, 2015 12:00am
Arif Elahi assumes charge of PNSC Chairman

Arif Elahi assumes charge of PNSC Chairman

Arif Elahi, an experienced Civil Servant, has assumed the charge of Pakistan National Shipping Corporation (PNSC) Chairman here on Friday. The seasoned bureaucrat's appointment finalised as Chairman Siddiqui Memmon transferred to Sindh government. Accordi
Published 14 Mar, 2015 12:00am
Rangers free 19 detained persons

Rangers free 19 detained persons

The Rangers early Friday released 19 more persons detained in a pre-dawn raid on Muttahida Qaumi Movement (MQM) headquarters, wherein the paramilitary force said illegal weapons were seized and wanted criminals arrested. In the raid, some 100 suspects had
Published 14 Mar, 2015 12:00am
ECP sets up display centres in 43 Cantt areas

ECP sets up display centres in 43 Cantt areas

The Election Commission of Pakistan (ECP) has established display centres in all 43 Cantonment areas for one week to fulfil the prerequisites for holding local government (LG) elections. According to the ECP, the schedule of LG elections will be announced
Published 14 Mar, 2015 12:00am
Lakhvi's detention orders declared void

Lakhvi's detention orders declared void

Accepting the plea of Zakiur Rehman Lakhvi - the alleged mastermind of the 2008 Mumbai attacks - on Friday, the Islamabad High Court declared his detention orders void. A single member bench of Justice Noorul Haq Qureshi ruled after accepting Lakhvi petit
Published 14 Mar, 2015 12:00am
BoK declares 10 percent cash dividend

BoK declares 10 percent cash dividend

The Bank of Khyber (BoK) operational performance demonstrated record improvement in all areas for the year 2014. This year has been exceptional for the Bank as it has created history by posted an operating profit of Rs 2,135 million as against Rs 1,756 mi
Published 14 Mar, 2015 12:00am
BoK declares 10 percent cash dividend

BoK declares 10 percent cash dividend

The Bank of Khyber (BoK) operational performance demonstrated record improvement in all areas for the year 2014. This year has been exceptional for the Bank as it has created history by posted an operating profit of Rs 2,135 million as against Rs 1,756 mi
Published 14 Mar, 2015 12:00am
No plan under way to re-open consulate in Karachi: Indian envoy

No plan under way to re-open consulate in Karachi: Indian envoy

High Commissioner of India in Pakistan, Dr T.C.A. Raghavan, has stressed the need for focusing on improving trade infrastructure and removing tariff and non-tariff barriers for promoting bilateral trade ties between Pakistan and India.
Published 14 Mar, 2015 12:00am
Saulat Mirza: SHC disposes of petition

Saulat Mirza: SHC disposes of petition

The Sindh High Court on Friday rejected a petition that had sought suspension of death warrants of convict, Saulat Ali Khan, an activist of the Muttahida Qaumi Movement (MQM), when it was not pressed. An anti-terrorism court had set March 19 for execution
Published 14 Mar, 2015 12:00am
SHC fixes sugarcane price at Rs 172 per 40kg

SHC fixes sugarcane price at Rs 172 per 40kg

The Sindh High Court on Friday fixed the sugarcane price at Rs 172 per 40kg after the provincial government agreed to pay Rs 12 subsidy. A division bench, headed by Justice Aqeel Ahmed Abbasi, was hearing a petition filed by the Sindh Chamber of Agricultu
Published 14 Mar, 2015 12:00am
Controversial ordinance withdrawn

Controversial ordinance withdrawn

The government has withdrawn the presidential ordinance which was promulgated in the midnight some hours before the Senate elections for Fata candidates. The sources said that a day before the Senate Chairman election, FATA members met with Acting Preside
Published 14 Mar, 2015 12:00am
Baku university awards honorary doctorate degree to President

Baku university awards honorary doctorate degree to President

Baku State University Friday conferred an honorary doctorate degree on President Mamnoon Hussain here. Speaking on the occasion, the President expressed profound gratitude for being awarded with doctorate degree. He stated that the bonds of brotherhood be
Published 14 Mar, 2015 12:00am
PIAF accuses government of failing to achieve socio-economic targets

PIAF accuses government of failing to achieve socio-economic targets

The Pakistan Industrial and Traders Associations Front on Friday said it was dismayed by the government's performance, accusing it of failing to achieve most of the socio-economic targets. In reference to the Institute of Policy Reforms' report, Front Cha
Published 14 Mar, 2015 12:00am
Speakers underscore need for promotion of S&T education

Speakers underscore need for promotion of S&T education

Speakers at the meeting of Shura Hamdard Karachi chapter urged the government to promote education of science and technology as without the help of science and technology the country would not be able to explore and utilise its tremendous natural resource
Published 14 Mar, 2015 12:00am
NSR Energies, UET Lahore sign MoU

NSR Energies, UET Lahore sign MoU

The NSR Energies and the University of Engineering and Technology Lahore signed a memorandum of understanding (MoU) on Friday to jointly start engineering research projects aimed at ways of reducing the energy crisis. The agreement also allows the NSR Ene
Published 14 Mar, 2015 12:00am
'Vegetable enhancement' plan to be initiated in Punjab

'Vegetable enhancement' plan to be initiated in Punjab

The Punjab Agriculture Department has evolved a three-year multi-pronged "vegetable enhancement" plan costing Rs 410.87 million. The programme was being carried out in 18 districts, including Sialkot, of the province. In Sialkot district, the work on vege
Published 14 Mar, 2015 12:00am
Four of a family shot dead in Jaranwala

Four of a family shot dead in Jaranwala

Four persons were shot dead allegedly by members of their rival group outside the Jaranwala City police station due to an old enmity, here on Friday. According to details, an old enmity of murders was running between Azam Marth and Yasin groups for the la
Published 14 Mar, 2015 12:00am
Profiteering, hoarding not acceptable, declares chief minister

Profiteering, hoarding not acceptable, declares chief minister

Punjab Chief Minister Muhammad Shahbaz Sharif has said that sale of essential items at reasonable prices and provision of relief to the people is the responsibility of concerned departments and no negligence and laxity would be tolerated in this regard. H
Published 14 Mar, 2015 12:00am
Government urged to withdraw 15 percent RD on imported billet

Government urged to withdraw 15 percent RD on imported billet

The recent decision taken by the government to impose 15 percent irrationally excessive regulatory duty on the billet being used in steel re-rolling industry has started to appear in the shape of devastating results.
Published 14 Mar, 2015 12:00am
'Government distributed solar lamps to 2 million students last year'

'Government distributed solar lamps to 2 million students last year'

Provincial Minister for Excise and Taxation Law and Finance Mujtaba Shujaur Rehman claimed on Friday that PML-N government has distributed solar lamps to two million students last year under the Ujala Programme. The minister while meeting with youth deleg
Published 14 Mar, 2015 12:00am
'Australian investors should explore huge potential for FDI'

'Australian investors should explore huge potential for FDI'

Vice President of Lahore Chamber of Commerce and Industry Syed Mahmood Ghaznavi while addressing a meeting of the Australia Pakistan Business Council here on Friday has said that Australian investors should come forward and explore the huge potential exis
Published 14 Mar, 2015 12:00am
Demonstration held in Multan in support of Qadri

Demonstration held in Multan in support of Qadri

Activists of Pakistan Sunni Tehrik on Friday staged a demonstration at Chowk Manzoorabad in support of Mumtaz Qadri, the killer of former Punjab governor Salman Taseer, whose death sentence was upheld by the Islamabad High Court. Speaking to the protester
Published 14 Mar, 2015 12:00am
Korean Ambassador meets UAF vice chancellor

Korean Ambassador meets UAF vice chancellor

Korean Ambassador in Pakistan Dr Song Jong Hwan has said that Korean companies are bringing Korean agricultural crops and technology to Pakistan aiming at making analysis of the cropping, harvesting and handling techniques to explore new joint ventures.
Published 14 Mar, 2015 12:00am
NBP holds Hajj 2015 ballot

NBP holds Hajj 2015 ballot

National Bank of Pakistan conducted Hajj 2015 balloting for 25 employees (five executives up to VP, 10 Officers up to Grade-I and 10 clerical/non-clerical staff) for performance of Hajj on bank's expenses. NBP President Syed Iqbal Ashraf presided over the
Published 14 Mar, 2015 12:00am
Regional gathering of EO held in Lahore

Regional gathering of EO held in Lahore

The regional gathering of Entrepreneur's Organisation (EO) took place in Lahore recently invited by Entrepreneurs Organisation Lahore Chapter for a regional event called Majlis "I'm Possible". The event is organized by the Lahore chapter of EO, was attend
Published 14 Mar, 2015 12:00am
Regional gathering of EO held in Lahore

Regional gathering of EO held in Lahore

The regional gathering of Entrepreneur's Organisation (EO) took place in Lahore recently invited by Entrepreneurs Organisation Lahore Chapter for a regional event called Majlis "I'm Possible". The event is organized by the Lahore chapter of EO, was attend
Published 14 Mar, 2015 12:00am
SBP to issue Rs 20 commemorative coin

SBP to issue Rs 20 commemorative coin

The State Bank of Pakistan is issuing Rs 20 commemorative coin in the wake of the government of Pakistan's decision on the eve of 100 years of Islamia College, Peshawar. These coins will be issued through the exchange counters of all the field offices of
Published 14 Mar, 2015 12:00am
SECP chairman for making capital market more vibrant, transparent

SECP chairman for making capital market more vibrant, transparent

The Chairman Securities and Exchange Commission of Pakistan (SECP) Muhammad Zafarul Haq Hijazi has emphasised the need to make Pakistan's capital market more vibrant, transparent and effective to cater to the long term funding needs of the industry. Howev
Published 14 Mar, 2015 12:00am
APTMA rejects proposed 30 percent increase in gas tariff

APTMA rejects proposed 30 percent increase in gas tariff

Tariq Saud, Chairman of All Pakistan Textile Mills Association (APTMA), Sindh Balochistan Region, has said that Pakistan textile products would become uncompetitive in the international market, if the government implemented the new gas tariff.
Published 14 Mar, 2015 12:00am
SAP organises party to welcome new students at DUET

SAP organises party to welcome new students at DUET

Study Aid Project (SAP) on Friday organised a welcome party for new students in Dawood University of Engineering & Technology (DUET), which was attended by hundreds of students. Vice Chancellor of the University Dr Faizullah, Jamaat-i-Islami (JI) Karachi
Published 14 Mar, 2015 12:00am
PCETA chief optimistic about talks over FTA with Turkey

PCETA chief optimistic about talks over FTA with Turkey

Ali Ashraf Khan, Chairman PCETA has pinned high hopes in Pakistani negotiating team over Free Trade Agreement with Turkey to convince Turkish authorities about the negative effects of high tariff on import of textile made-up from Pakistan. Three years ago
Published 14 Mar, 2015 12:00am
Two killed in roof collapse

Two killed in roof collapse

Two persons were killed and two others injured when roof of a house collapsed, here on Friday. According to police and rescue sources, the roof of a dilapidated house in Korangi 51-B area of Karachi suddenly came down after the area received heavy rain du
Published 14 Mar, 2015 12:00am
'Female desk' to be set up in each PS of Sindh: minister

'Female desk' to be set up in each PS of Sindh: minister

Sindh Minister for Women Development Rubina Saadat Qaimkhani has said the Sindh government would establish a female desk in each police station (PS) to address issues and grievances of women living in rural and remotes areas of the Sindh province. She sai
Published 14 Mar, 2015 12:00am
Current rainy spell: farmers advised to control weed growth

Current rainy spell: farmers advised to control weed growth

The Met Office has advised the farmers to control weeds growth which are likely to reduce the yield of standing crops during the current rainy spell. "Weeds are expected to grow excess after recent rains. Farmers should control weeds growth soon after rai
Published 14 Mar, 2015 12:00am
Pensioners' arrears: LHC issues notice to treasurer

Pensioners' arrears: LHC issues notice to treasurer

The Lahore High Court here on Friday issued a contempt notice to the Punjab government treasurer for not paying arrears to pensioners. The court also sought a report till March 20 on the implementation of an order regarding these arrears. The complaint ce
Published 14 Mar, 2015 12:00am
Photo exhibition from today

Photo exhibition from today

An exposition of 50 photographs by Arif Soomro, titled "Lost in Labour", will be inaugurated by the Consul General of France François DALL'ORSO here on Saturday (today) at 6:30 pm here at the main art gallery of Alliance Française (French Cultural Centre)
Published 14 Mar, 2015 12:00am
Memon assumes charge as Sindh chief secretary

Memon assumes charge as Sindh chief secretary

Mohammad Siddique Memon assumed his responsibility as the new Chief Secretary of Sindh on Friday morning. On the occasion outgoing chief secretary Sajjad Saleem Hotiana handed over the charge to his successor and also introduced him to provincial secretar
Published 14 Mar, 2015 12:00am
100 reluctant families agree to polio immunisation

100 reluctant families agree to polio immunisation

After successful negotiations 100 more reluctant families of Badhber, a suburban locality of Peshawar agreed to administer polio drops to their children. Next two-day anti-polio immunisation campaign is scheduled on March 16 and 17, 2015 and for its succe
Published 14 Mar, 2015 12:00am
Meter rent refund: Nepra rejects review petition of K-Electric

Meter rent refund: Nepra rejects review petition of K-Electric

National Electric Power Regulatory Authority (Nepra) has rejected review petition of K-Electric against refund of billions of rupees to consumers collected under the garb of meter charges over and above multi-year tariff. A couple of months ago, Nepra had
Published 14 Mar, 2015 12:00am
Prime Minister greets nation on missile test-fire

Prime Minister greets nation on missile test-fire

Prime Minister Nawaz Sharif on Friday congratulated the nation on the successful test-fire of armed Drone Burraq and Barq laser-guided missile. In a message, the PM appreciated the Armed Forces of Pakistan as well as the scientists and engineers who contr
Published 14 Mar, 2015 12:00am
Baloch for relating research with social, economic problems

Baloch for relating research with social, economic problems

Federal Minister for States and Frontier Regions, Lieutenant General Abdul Qadir Baloch (Retd), has urged the researchers to relate their research with social and economic problems of the country and come up with tangible solutions whether they belong to
Published 14 Mar, 2015 12:00am
Internal differences pose serious threat to MQM

Internal differences pose serious threat to MQM

Internal differences and fissures in Muttahida Qaumi Movement (MQM) are a bigger threat to the party than the recent embarrassment it faced after the Rangers raid on Nine-Zero, the party's headquarters in Karachi. A senior member of the party told Busi
Published 14 Mar, 2015 12:00am
Senate polls: QWP hails ECP move to investigate alleged rigging

Senate polls: QWP hails ECP move to investigate alleged rigging

Provincial Chairman of Qaumi Watan Party (QWP) Sikandar Hayat Khan Sherpao welcomed the Election Commission of Pakistan (ECP) decision to probe the alleged rigging in the Senate election. Sikandar Sherpao appreciated the ECP decision to bring all record a
Published 14 Mar, 2015 12:00am
61 injured in kite-flying accidents

61 injured in kite-flying accidents

As many as 61 people including children on Friday sustained multiple injuries during kite flying in the different parts of the city. People in Rawalpindi celebrated Basant in the various parts of the city by using metal string and resorted aerial firing a
Published 14 Mar, 2015 12:00am
Displaced people to start going home to North Waziristan

Displaced people to start going home to North Waziristan

Government will on Sunday start returning the first batches of nearly a million civilians ordered to leave their homes ahead of an anti-Taliban offensive in North Waziristan on the Afghanistan border, officials told Reuters on Friday. "It will take time t
Published 14 Mar, 2015 12:00am
Elimination of crimes: Qaim lauds LEAs' role

Elimination of crimes: Qaim lauds LEAs' role

Chief Minister Sindh Syed Qaim Ali Shah has lauded the role and performance of Rangers and Police in elimination of targeted killings, curbing kidnapping for ransom and extortion and waging war against terrorists. He expressed these views while addressing
Published 14 Mar, 2015 12:00am
Two death row prisoners executed

Two death row prisoners executed

Two prisoners, Akhtar Hussna and Sajid Taru, were executed in Faisalabad central prison on Friday morning after they were found guilty in separate murder cases. An anti-terrorism court (ATC) of Faisalabad had awarded death sentence to Akhtar Hussna in 200
Published 14 Mar, 2015 12:00am
'Zimmadar Shehri' helpline gets huge response

'Zimmadar Shehri' helpline gets huge response

Punjab Information Technology Board (PITB) Chairman Dr Umar Saif has said that the PITB has introduced an effective mode of lodging public complaints by contacting the helpline of the Punjab government 'Zimmadar Shehri'. He said that the government had re
Published 14 Mar, 2015 12:00am
Heirs of Baldia factory fire victims move German court for compensation

Heirs of Baldia factory fire victims move German court for compensation

Four heirs of Ali Enterprises factory fire victims have lodged a case of pain and suffering against the German brand KIK in the High Court of Dortmund, Germany, demanding compensation of 30,000 euros for each bereaved family, media people were told in Kar
Published 14 Mar, 2015 12:00am
Tobacco growers present 'charter of demands' to PTB chief

Tobacco growers present 'charter of demands' to PTB chief

Urging the Chairman of Pakistan Tobacco Board (PTB) to protect the interest of thousands of poor farmers of Khyber Pakhtunkhwa Province, the tobacco growers have demanded the withdrawal of decision on 85 percent pictorial health warning on cigarette packs
Published 14 Mar, 2015 12:00am
Judicial inquiry into Model Town killings: LHC seeks assistance of AG

Judicial inquiry into Model Town killings: LHC seeks assistance of AG

A full bench of the Lahore High Court on Friday sought assistance of the attorney general in petitions seeking the release judicial inquiry of the Model Town incident of March 27. The court, already allowing the law officer more time to present details ab
Published 14 Mar, 2015 12:00am
British American Tobacco team discusses issues with Dar

British American Tobacco team discusses issues with Dar

A delegation of the British American Tobacco (BAT)/PTC met the Finance Minister Ishaq Dar here on Friday morning. Minister of State or National Health Services, Regulations and Co-ordination, Saira Afzal Tarar was also present on the occasion. The delegat
Published 14 Mar, 2015 12:00am
FIA arrests two, confiscates currency

FIA arrests two, confiscates currency

A team of the Federal Investigation Agency (FIA) arrested two people and confiscated local and foreign currencies after it raided a shop at the Shadman market. On a tip-off the team raided the shop, where it secretly housed an office that went in the name
Published 14 Mar, 2015 12:00am
'Rains beneficial for major Rabi crops, may affect wheat crop'

'Rains beneficial for major Rabi crops, may affect wheat crop'

The ongoing rainy spell is beneficial for overall agriculture production of major Rabi crops, but rain coupled with hailstorm may adversely affect wheat crop, experts said. The recent rains would have a very positive impact on standing crops, including wh
Published 14 Mar, 2015 12:00am
Nagorno-Karabakh: Pakistan to continue supporting Azerbaijan: Mamnoon

Nagorno-Karabakh: Pakistan to continue supporting Azerbaijan: Mamnoon

President Mamnoon Hussain Friday said that Pakistan would continue supporting Azerbaijan on the conflict of Nagorno-Karabakh, expressing gratitude on Azerbaijan's support on the core issue of Jammu and Kashmir. The President said this while talking to Min
Published 14 Mar, 2015 12:00am
GHW on cigarette packs: FBR estimates colossal loss in FED collection

GHW on cigarette packs: FBR estimates colossal loss in FED collection

The Federal Board of Revenue (FBR) has estimated a colossal revenue loss in the collection of Federal Excise Duty (FED), against the estimates of over Rs 103 billion from cigarette industry in 2014-15 following increase in the size of Graphical Health War
Published 14 Mar, 2015 12:00am
Death condoled

Death condoled

Punjab Chief Minister Muhammad Shahbaz Sharif has expressed deep sense of sorrow and grief over the sad demise of father of Ejaz Munir, Secretary Services Punjab. In a condolence message, the Chief Minister prayed that may Allah Almighty rest the departed
Published 14 Mar, 2015 12:00am
GIK team selected for global design, 'build-and-fly' contest in US

GIK team selected for global design, 'build-and-fly' contest in US

Students of Ghulam Ishaq Khan Institute of Engineering Sciences and Technology would participate in design, build and fly contest in the United States to be held in next month, university officials said here on Friday. Briefing media about the competition
Published 14 Mar, 2015 12:00am
611 suspects held in KP

611 suspects held in KP

During the operation conducted in different parts of the province here on Friday police arrested 611 suspects and recovered huge cache of arms and ammunition. 731 houses and 246 hotels were checked in the operation and 28 cases were registered against the
Published 14 Mar, 2015 12:00am
HRCP for halting execution of Shafqat Hussain

HRCP for halting execution of Shafqat Hussain

The Human Rights Commission of Pakistan has called upon the prime minister and the minister of the interior to intervene to spare the life of Shafqat Hussain, a death row prisoner who was around 14 years old at the time of commission of the offence that h
Published 14 Mar, 2015 12:00am
Cotton futures resume slide

Cotton futures resume slide

Cotton on ICE Futures US fell on Friday to the biggest weekly loss since November as the strong US dollar reinforced worries about demand. The front-month May cotton contract on ICE closed down 0.72 cent, or 1.2 percent, at 60.50 cents a lb, after trading
Published 14 Mar, 2015 12:00am
Shanghai copper rallies

Shanghai copper rallies

The most-traded May copper contract on the Shanghai Futures Exchange rallied 1.8 percent to 42,840 yuan ($6,846) a tonne, soothed by brighter lending figures out of China that pushed shorts to cover. Traders bet easier lending could improve demand from Ch
Published 14 Mar, 2015 12:00am
Copper rises on Chinese lending, lead tumbles

Copper rises on Chinese lending, lead tumbles

Copper edged up on Friday, rising for a second session as traders bet that easier lending could improve demand from top consumer China as concerns linger about falls in mine output. Gains were limited however, as the dollar rose against the euro, heading
Published 14 Mar, 2015 12:00am
Rubber extends gains

Rubber extends gains

Benchmark Tokyo rubber futures extended gains on Friday, ending the week with a modest rise, as a decline in Japanese rubber stocks and the Nikkei's rise to a 15-year high helped improve market sentiment. The Tokyo Commodity Exchange rubber contract for A
Published 14 Mar, 2015 12:00am
Wheat extends rally on short-covering

Wheat extends rally on short-covering

US wheat futures rose for a fifth straight session on Thursday, hitting a 1-1/2-week high on short-covering and worries over potential yield losses due to poor weather in parts of the US crop belt, analysts said. Corn and soyabeans closed lower, with both
Published 14 Mar, 2015 12:00am
Palm oil surges

Palm oil surges

Malaysian palm oil futures ended higher on Friday on prospects that top producer Indonesia will blend more palm into biodiesel this year, though concerns over dwindling demand still dragged the contract to its biggest weekly drop in a month. Indonesia's c
Published 14 Mar, 2015 12:00am
Raw sugar tumbles

Raw sugar tumbles

Raw sugar futures on ICE slumped nearly 5 percent to a six-year low on Friday, while coffee fell to the lowest in more than 13 months, weighed down as top grower Brazil's currency sank to its weakest in 12 years against the dollar. New York cocoa fell for
Published 14 Mar, 2015 12:00am
Gold steadies in New York

Gold steadies in New York

Gold steadied on Thursday as a retreat in the dollar from 12-year highs arrested its eight-session slide, though speculation that US interest rates could rise sooner rather than later kept prices under pressure. The dollar fell from a fresh high in early
Published 14 Mar, 2015 12:00am
Gold rises in Asia

Gold rises in Asia

Gold firmed above $1,150 an ounce on Friday as the dollar nursed losses after an extended rally, but the metal was still headed for its sixth weekly dip in seven on concerns that US interest rates would increase soon. Spot gold edged up 0.5 percent to $1,
Published 14 Mar, 2015 12:00am
Gold heads for longest losing streak since 1973 in Europe

Gold heads for longest losing streak since 1973 in Europe

Gold reversed early gains on Friday and headed for a 10th straight session of losses, its longest losing streak in more than 40 years, as the dollar extended its rally. Spot gold rose initially but was down 0.1 percent at $1,152.26 an ounce by 1521 GMT, h
Published 14 Mar, 2015 12:00am
US MIDDAY: grains retreat

US MIDDAY: grains retreat

US wheat futures retreated on Friday after a five-session rally, led by declines in corn and soyabeans as a surging dollar prompted broad weakness in commodities. The dollar set a fresh 12-year high against the euro on expectations of a US Federal Reserve
Published 14 Mar, 2015 12:00am
US MIDDAY: gold pares gains

US MIDDAY: gold pares gains

Gold pared early gains in a early trade on Friday, on track to break a nine-day streak lower despite the dollar's extended rally as the precious metal market appeared reluctant to extend losses ahead of the US Federal Reserve meeting next week. Spot gold
Published 14 Mar, 2015 12:00am
Oil drops nine percent on week on stronger dollar, glut warning

Oil drops nine percent on week on stronger dollar, glut warning

Global oil prices tumbled on Friday and fell 9 percent on the week, hit by a renewed rally in the dollar and a warning by the International Energy Agency (IEA) that the oil glut is growing. Data that showed a sharp drop in the number of US rigs drilling f
Published 14 Mar, 2015 12:00am
Non-political local bodies election

Non-political local bodies election

It is brought to the kind notice of the Prime Minister of Pakistan that the local bodies elections are due for the last 10 years. In this connection, the people of Pakistan are facing great difficulties to resolve local issues/grievances. It is unfortunat
Published 14 Mar, 2015 12:00am
Fleeing war, Syrian refugees seek new life in Brazil

Fleeing war, Syrian refugees seek new life in Brazil

"Good day, my name is Mouaz." The Portuguese is rudimentary, but the effort is sincere. The young man at a Sao Paulo mosque left the horrors of the Syrian civil war for a new life in Brazil, and he's adapting as well as he can. The South American giant ha
Published 14 Mar, 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 March 10, 2014.

Published 14 Mar, 2015 12:00am
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