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Dec 05, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-04-04
TSX rises as US data, energy shares offer support

TSX rises as US data, energy shares offer support

Canada's main stock index rose on Thursday as shares of energy producers held on to gains despite falling oil prices, while most other major sectors were lifted by positive US economic data. Oil prices dropped as Iran and world powers reached a preliminar
Published 04 Apr, 2015 12:00am
Japan's GPIF may consider governance in stock investments

Japan's GPIF may consider governance in stock investments

Japan's trillion-dollar public pension fund said on Thursday it could consider factors like corporate governance, in addition to investor returns, when deciding on stock investments. The Government Pension Investment Fund, the world's biggest pension fund
Published 04 Apr, 2015 12:00am
Japan's GPIF may consider governance in stock investments

Japan's GPIF may consider governance in stock investments

Japan's trillion-dollar public pension fund said on Thursday it could consider factors like corporate governance, in addition to investor returns, when deciding on stock investments. The Government Pension Investment Fund, the world's biggest pension fund
Published 04 Apr, 2015 12:00am
Pre-payrolls caution keeps euro zone yields off lows

Pre-payrolls caution keeps euro zone yields off lows

Eurozone bond yields held just above record lows on Thursday, with investors reluctant to bet on a further drop before US jobs data and a long holiday weekend in Europe, where Greece's financing woes have yet to be sorted out.
Published 04 Apr, 2015 12:00am
Pre-payrolls caution keeps euro zone yields off lows

Pre-payrolls caution keeps euro zone yields off lows

Eurozone bond yields held just above record lows on Thursday, with investors reluctant to bet on a further drop before US jobs data and a long holiday weekend in Europe, where Greece's financing woes have yet to be sorted out.
Published 04 Apr, 2015 12:00am
Wall Street climbs after two-day decline; jobless data boosts

Wall Street climbs after two-day decline; jobless data boosts

US stocks bounced on Thursday after two days of declines following encouraging data on the labour market, but mixed data this week kept uncertainty high before Friday's key payrolls report. The S&P consumer discretionary index, up 0.7 percent, was among t
Published 04 Apr, 2015 12:00am
Chelsea ready for final push towards title

Chelsea ready for final push towards title

Chelsea have stuttered in their progress towards the Premier League title recently but Jose Mourinho's side can take a significant step towards being crowned champions with victory over Stoke on Saturday. The visit of Mark Hughes' team to Stamford Bridge
Published 04 Apr, 2015 12:00am
Chile's Palestino win Palestinian fans world-wide

Chile's Palestino win Palestinian fans world-wide

Palestino, a Chilean football team long down on their luck, are playing for the first time in 36 years in the Copa Libertadores, the top club tournament in Latin America, cheered on by ecstatic Palestinians world-wide. The Santiago-based club's qualificat
Published 04 Apr, 2015 12:00am
Chen and Lin on collision course in Malaysia

Chen and Lin on collision course in Malaysia

World number one Chen Long cruised again on Friday while his legendary compatriot Lin Dan survived a scare, but the Chinese shuttlers stayed on a collision course for the final of the Malaysia Open. Chen notched another straight-game win, this time over J
Published 04 Apr, 2015 12:00am
Sri Lanka selectors quit amid clean-up efforts

Sri Lanka selectors quit amid clean-up efforts

Sri Lanka's cricket selectors, headed by former skipper Sanath Jayasuriya, quit Friday to allow new management to take over the island's cricket governing body, which has been mired in allegations of widespread corruption Jayasuriya, 45, has been accused
Published 04 Apr, 2015 12:00am
Injury-hit Bayern head to Dortmund

Injury-hit Bayern head to Dortmund

Injury-hit Bayern Munich head to resurgent Borussia Dortmund on Saturday shorn of their top stars and with the hosts out to prove there is still life in Germany's 'Der Klassiker'. The Bundesliga has been won twice each by Dortmund and Bayern over the last
Published 04 Apr, 2015 12:00am
Speed skiing Italian: Origone sets new speed record

Speed skiing Italian: Origone sets new speed record

Italian Simone Origone on Friday bettered his own world speed skiing record when he raced to a top speed of 252.632 kilometres per hour (156.978 mph). Origone's eye-watering effort down the specially groomed Chabrieres piste in the French resort of Vars b
Published 04 Apr, 2015 12:00am
Ali denies picking Pac-Man over Mayweather

Ali denies picking Pac-Man over Mayweather

Boxing legend Muhammad Ali isn't in the prediction business when it comes to the May 2 mega-fight between Manny Pacquiao and Floyd Mayweather. A report on celebrity website TMZ this week quoted Ali's daughter, Rasheda, as saying the former heavyweight wor
Published 04 Apr, 2015 12:00am
Serena edges Halep to set Miami final

Serena edges Halep to set Miami final

A frustrated Serena Williams clawed into her 10th Miami final on Thursday, defeating Simona Halep 6-2, 4-6, 7-5. Williams, apparently rattled by the Halep cheer squad who drowned out most of the chants for the home hope, saw her mighty forehand desert her
Published 04 Apr, 2015 12:00am
Djokovic holds off Ferrer to book Isner clash

Djokovic holds off Ferrer to book Isner clash

Novak Djokovic recovered from a slow start and had to battle at the end to overcome tenacious Spaniard David Ferrer on Thursday to reach the Miami Masters semi-finals. Serbia's world number one triumphed 7-5, 7-5 and advanced to a meeting with big-serving
Published 04 Apr, 2015 12:00am
Neymar set to be called as witness in Barcelona tax case

Neymar set to be called as witness in Barcelona tax case

Brazilian star Neymar is set to be called as a witness along with seven other people in the investigation into possible tax fraud by Barcelona in relation to his transfer to the Camp Nou. Radio station Cadena Ser announced on Friday that "according to leg
Published 04 Apr, 2015 12:00am
Ajmal, Hafeez make comeback as squads for Bangladesh tour announced

Ajmal, Hafeez make comeback as squads for Bangladesh tour announced

Pakistan recalled star spinner Saeed Ajmal in all three formats as selectors announced the squads for the national side's Bangladesh tour Friday, but there was no place on the plane for under-performing batsman Umar Akmal. Ajmal has undergone remedial wor
Published 04 Apr, 2015 12:00am
South Korea economy showing signs of recovery: finance minister

South Korea economy showing signs of recovery: finance minister

The South Korean economy is showing faint signs of recovery as key economic indicators rebound and activity in asset markets is on the rise, said the country's finance minister on Thursday. vFinance Minister Choi Kyung-hwan said key indicators had bounced
Published 04 Apr, 2015 12:00am
China bank deposit insurance could tilt competitive landscape

China bank deposit insurance could tilt competitive landscape

China's newly announced deposit insurance scheme could pressure margins at struggling state-owned banking giants, but the country's small lenders still have their work cut out to take market share from the big players. China's cabinet announced on Tuesday
Published 04 Apr, 2015 12:00am
Mexico City denies 007 film killed businesses

Mexico City denies 007 film killed businesses

Mexico City's government denied on Thursday that local businesses were hurt when James Bond descended on the capital to film scenes for the next 007 movie in the historic center. The local small business chamber of commerce, Canacope, complained this week
Published 04 Apr, 2015 12:00am
Kraft Foods emails lay out plan to depress US wheat prices: CFTC

Kraft Foods emails lay out plan to depress US wheat prices: CFTC

Emails between former senior executives at Kraft Foods, including its chief financial officer and a top procurement director, are among the evidence in a US lawsuit accusing the company and Mondelez International of manipulating wheat prices.
Published 04 Apr, 2015 12:00am
Turkish Prime Minister vows continuity in economic management

Turkish Prime Minister vows continuity in economic management

Turkish Prime Minister Ahmet Davutoglu said on Thursday there would be no continuity problem in the management of the economy after June's parliamentary election, apparently seeking to reassure investors over potential changes to the cabinet.
Published 04 Apr, 2015 12:00am
Myanmar's trade deficit jumps 88 percent

Myanmar's trade deficit jumps 88 percent

Myanmar's trade deficit jumped 88 percent in the fiscal year that ended on March 31, driven by rapid economic expansion in the formerly military-ruled country, state media and a Commerce Ministry official said on Thursday. Myanmar's economy was held back
Published 04 Apr, 2015 12:00am
South Korea pursues talks with North over Kaesong wage hike

South Korea pursues talks with North over Kaesong wage hike

South Korea said Friday it will push for talks in the coming week with the North over their Kaesong joint industrial zone, after reports Pyongyang has taken fresh steps to unilaterally implement a wage hike. The North announced last month that it would ra
Published 04 Apr, 2015 12:00am
China car giant SAIC records 12.8 percent profit rise in 2014

China car giant SAIC records 12.8 percent profit rise in 2014

China's largest automaker, SAIC Motor, said net profit rose 12.8 percent last year on strong passenger car sales but gains were stunted by slower growth in the world's number two economy. The Shanghai-based firm said net profit was 27.97 billion yuan ($4.
Published 04 Apr, 2015 12:00am
Irfan Patel appointed Chairman FPCCI body

Irfan Patel appointed Chairman FPCCI body

Irfan Patel Chief Executive of Global Associates and Chairman of Patel Hospital & Patel Foundation has been appointed as Chairman of FPCCI Standing Committee on Housing and Construction Industry for the year 2015.
Published 04 Apr, 2015 12:00am
Aon, Manchester United launch 'United, we go higher'

Aon, Manchester United launch 'United, we go higher'

Aon Plc, the leading global provider of risk management and human resource consulting and outsourcing, together with Manchester United, announced the launch of their first complimentary personal accident cover in Pakistan - "United, we go higher".
Published 04 Apr, 2015 12:00am
Fishermen successfully release common bottlenose dolphin into waters

Fishermen successfully release common bottlenose dolphin into waters

Fishermen have released a common bottlenose dolphin unhurt back into waters about 100 kilometres South of Kund Malir, along Balochistan coast. Fishermen entangled the bottlenose dolphin in their tuna gillnet in offshore waters. Dolphins and whales are kno
Published 04 Apr, 2015 12:00am
FPCCI urges govt to devise horticulture export policy

FPCCI urges govt to devise horticulture export policy

Chairman of Federation of Pakistan Chambers of Commerce and Industry's (FPCCI) Standing Committee on Horticulture and Agricultural, Ahmad Jawad, has demanded of the government to formulate horticulture export policy on the pattern of textile policy and in
Published 04 Apr, 2015 12:00am
CIMA, ICAP sign MoU

CIMA, ICAP sign MoU

The Chartered Institute of Management Accountants (CIMA) and Institute of Chartered Accountants of Pakistan (ICAP) signed a memorandum of understanding (MoU) on April 3, at the ICAP House Karachi. The MoU was signed by Charles Tilley, CEO of CIMA and Yaco
Published 04 Apr, 2015 12:00am
Advisory for Yemeni citizens

Advisory for Yemeni citizens

Consul General of Yemen in Karachi, Dr Mirza Ikhtiar Baig has advised all Yemeni citizens visiting Pakistan to report their details to Yemen Consulate General in Karachi and Yemen Embassy in Islamabad with their passport particulars and contacts in order
Published 04 Apr, 2015 12:00am
FPCCI to attend Global Exhibition on Services in India

FPCCI to attend Global Exhibition on Services in India

The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) will participate in "Global Exhibition on Services" being organised by the Confederation of Indian Industry (CII) to be held from April 23 to 25, in New Delhi, India.
Published 04 Apr, 2015 12:00am
CI&I seizes 9 more ISAF containers carrying hazardous chemical

CI&I seizes 9 more ISAF containers carrying hazardous chemical

Cargos from eight ISAF retrograde containers were stolen while Customs Intelligence & Investigation (CI&I)-FBR, Karachi claimed to have seized some nine more ISAF containers, carrying hazardous chemical at Port Qasim area. This was stated by Asif Margoob
Published 04 Apr, 2015 12:00am
Shaheed Hakim Said memorial lecture held

Shaheed Hakim Said memorial lecture held

Shaheed Hakim Mohammed Said memorial lecture was held on the theme "Social services of Shaheed Hakim Mohammed Said," presided over by Sadia Rashid, Chancellor Hamdard University at Bait al-Hikmah auditorium, Madinat-ul-Hikmah, Karachi.
Published 04 Apr, 2015 12:00am
Unilever Pakistan launches direct debit receivables solution

Unilever Pakistan launches direct debit receivables solution

Unilever launched a direct debit receivables solution structured by Citibank N.A., Pakistan. The cash management solution enables Unilever to initiate fund collection from Pakistan's four largest banks - UBL, Habib Metropolitan, Meezan Bank and Allied Ban
Published 04 Apr, 2015 12:00am
PIA clarification

PIA clarification

This refers to the "misstatement" of PIA Captain Suhail Baluch that appeared in a section of the press regarding the recently announced National Aviation Policy 2015. The statement is malicious and misleading and is an attempt to spread disinformation.
Published 04 Apr, 2015 12:00am
KTBA elects office-bearers

KTBA elects office-bearers

Muhammad Zubair has been elected as President of the Karachi Tax Bar Association (KTBA) while Mohammad Rehan Siddiqui as Vice President and Muhammad Aleem as General Secretary for 2015-16. They were elected by the members of the KTBA at its 58th Annual Ge
Published 04 Apr, 2015 12:00am
Toy bomb claims life of girl in Bannu

Toy bomb claims life of girl in Bannu

A teenager girl died in an explosion of a toy bomb here on Friday. Police said that 12-year-old girl while playing on the bank of canal in Shamshikhel area of Bannu found a toy bomb. She took the bomb to home where during playing it went off resulting in
Published 04 Apr, 2015 12:00am
Changhong Ruba introduces new range of refrigerators

Changhong Ruba introduces new range of refrigerators

Changhong Ruba introduced new range of refrigerators with high cooling efficiency and more energy saving, here on Friday. The company introduced 5 new models of refrigerators from 600mm to 670mm wider body in silver and golden colour of various sizes with
Published 04 Apr, 2015 12:00am
Shakeel Burney laid to rest

Shakeel Burney laid to rest

Shakeel Burney, the elder brother of senior banker, Kafeel Burney, was laid to rest at Hassan Square Graveyard, here on Friday. His funeral prayer was offered at Khatri Masjid, Pir Ilahi Bux Colony (PIB), after Namaz-e-Jumma. His Soyam will be held at Kha
Published 04 Apr, 2015 12:00am
Ceremony cancelled

Ceremony cancelled

Death anniversary ceremony of former Prime Minister Zulfiqar Ali Bhutto has been cancelled in Garhi Khuda Bakhsh due to torrential rains. The ceremony will now be held in Naudero House. The party has stopped convoys from going to Garha Khuda Bux for the r
Published 04 Apr, 2015 12:00am
ZAB's death anniversary: public holiday in Sindh today

ZAB's death anniversary: public holiday in Sindh today

The Sindh government has announced a public holiday on April 4 across the province to mark the death anniversary of former Prime Minister Zulfiqar Ali Bhutto. Zulfikar Ali Bhutto was hanged to death on April 4, 1979 at the Rawalpindi district jail by the
Published 04 Apr, 2015 12:00am
Significant decline in polio vaccination refusal cases in D I Khan

Significant decline in polio vaccination refusal cases in D I Khan

Deputy Commissioner D I Khan, Nisar Ahmed Khan has said that refusals in the district has come down drastically while in the nearby area of Frontier Region (FR) zero refusals have been recorded as the district administration stand committed to polio eradi
Published 04 Apr, 2015 12:00am
Province's rights: treasury, opposition in KP Assembly join hands

Province's rights: treasury, opposition in KP Assembly join hands

Legislators from both treasury and opposition benches of Khyber Pakhtunkhwa Assembly Friday joined hands for waging struggle for the rights of the province. The development was developed in the wake of the call attention notice of the Yasin Khan Khalil, a
Published 04 Apr, 2015 12:00am
7th NFC Award may be extended by one year

7th NFC Award may be extended by one year

Seventh National Finance Commission (NFC) Award is likely to be extended by one year due to delay in mooting a proposal for the constitution of National Finance Commission, it was learnt. The Finance Minister recently sent the proposal to the President th
Published 04 Apr, 2015 12:00am
Population census SHC seeks report

Population census SHC seeks report

The Sindh High Court (SHC) on Friday asked the federal authorities to submit a report on requisite preparations being made for the sixth population census which will be held in March 2016. A division bench, headed by SHC Chief Justice Faisal Arab, has tak
Published 04 Apr, 2015 12:00am
NA-246 by-election: PTI contacts ECP for army deployment

NA-246 by-election: PTI contacts ECP for army deployment

Pakistan Tehreek-e-Insaf (PTI) candidate Imran Ismail on Friday submitted a request to the Election Commission of Pakistan (ECP), seeking army's deployment during by-election in NA-246 constituency of Karachi. The PTI has called upon the authorities to de
Published 04 Apr, 2015 12:00am
Baldia Town factory fire Key accused arrested at Karachi airport

Baldia Town factory fire Key accused arrested at Karachi airport

The personnel of law-enforcement agencies on Friday caught a key accused, Abdul Rehman aka Bhola, involved in the Baldia Town garment factory fire case who was trying to flee the country. Bhola, son of Abdul Sattar, was arrested from Karachi airport when
Published 04 Apr, 2015 12:00am
Euro's falling share in global reserves to accentuate weakness

Euro's falling share in global reserves to accentuate weakness

The euro's share in global foreign exchange reserves has fallen to its lowest in more than a decade, a trend that is likely to pick up in coming months and hold down the currency's value. Data from the International Monetary Fund this week showed the euro
Published 04 Apr, 2015 12:00am
South Africa's rand touches one-week high

South Africa's rand touches one-week high

South Africa's rand firmed to a one-week high to the dollar on Thursday before retreating slightly, as the greenback softened ahead of widely watched US employment data due on Friday. At 1515 GMT the local unit had firmed 0.46 percent to 11.9400, having e
Published 04 Apr, 2015 12:00am
Yuan up slightly before holiday, modest rise likely on week

Yuan up slightly before holiday, modest rise likely on week

China's yuan firmed slightly against the dollar on Friday, with a six-week-high central bank midpoint helping offset corporate dollar demand before a long holiday weekend, traders said. On the week, the currency is set to rise 0.3 percent.
Published 04 Apr, 2015 12:00am
Dollar down for second day in New York

Dollar down for second day in New York

The dollar fell for a second straight session on Thursday, as investors continued to pare back hefty positions ahead of an all-important US non-farm payrolls report that could disappoint those with a bullish view on the greenback.
Published 04 Apr, 2015 12:00am
Sweden risks property bubble as currency war intensifies

Sweden risks property bubble as currency war intensifies

Having twice cut rates into negative territory, Sweden's central bank is locked in a high-stakes currency war with the European Central Bank that could stave off deflation but risks creating another property bubble. The Riksbank is worried that a strength
Published 04 Apr, 2015 12:00am
Canadian dollar strengthens

Canadian dollar strengthens

The Canadian dollar strengthened against its US counterpart on Thursday as data showed Canada posted a smaller-than-expected trade deficit in February and as investors positioned themselves ahead of Friday's US payrolls data and the Easter long weekend. C
Published 04 Apr, 2015 12:00am
Ten killed in Tajikistan mudslide

Ten killed in Tajikistan mudslide

Ten people were killed by a mudslide in Tajikistan on Friday while working on an irrigation project in the mountains outside the capital Dushanbe, authorities said. "At noon on Friday they were laying an irrigation pipe when they were struck by wet rockfa
Published 04 Apr, 2015 12:00am
South African radicals set British war memorial ablaze

South African radicals set British war memorial ablaze

Members of a radical South African movement burned and charred a momument to British soldiers who died in the Boer Wars (1899-1902), describing it as a "colonial statue", the party and police said Friday. The protesters "put (a burning) tyre over the stat
Published 04 Apr, 2015 12:00am
Co-pilot 'accelerated' plane before Alps crash

Co-pilot 'accelerated' plane before Alps crash

Information from the second black box found in the wreckage of the Germanwings flight that crashed in the French Alps confirms the co-pilot acted deliberately and even accelerated as the doomed plane descended, investigators said Friday. "A first reading
Published 04 Apr, 2015 12:00am
Zimbabwe's ruling party expels former vice president Mujuru

Zimbabwe's ruling party expels former vice president Mujuru

Zimbabwe's ruling ZANU-PF party has expelled former vice-president Joice Mujuru for allegedly plotting against elderly President Robert Mugabe, the party announced on Friday. Mujuru, 59, was accused of "plotting to unconstitutionally remove President Robe
Published 04 Apr, 2015 12:00am
Britain spied on Argentina over Falklands: Snowden

Britain spied on Argentina over Falklands: Snowden

Documents leaked by fugitive US intelligence analyst Edward Snowden show Britain spied on Argentina to monitor its efforts to win sovereignty over the Falkland Islands, Argentine media said Friday.
Published 04 Apr, 2015 12:00am
North Korea fires four short-range missiles into sea

North Korea fires four short-range missiles into sea

North Korea test-fired four short-range missiles into the sea off its west coast Friday in an operation apparently supervised by leader Kim Jong-Un amid heightened military tensions, a South Korean military spokesman said. The missiles were launched from
Published 04 Apr, 2015 12:00am
Turkey mourns death of iconic singer Kayahan

Turkey mourns death of iconic singer Kayahan

Turkey on Friday mourned the death of one of its most successful singers and songwriters, Kayahan, who won the hearts of millions with his popular love ballads. President Recep Tayyip Erdogan led tributes to Kayahan Acar, known simply as Kayahan and seen
Published 04 Apr, 2015 12:00am
Al Qaeda, allies advance on Syria army base near Idlib

Al Qaeda, allies advance on Syria army base near Idlib

Fighters from al Qaeda's Syrian affiliate and allied groups advanced Friday on a key government-held military base in north-western Idlib province, a monitor said. The advance follows the capture of provincial capital Idlib by Al-Nusra Front and its allie
Published 04 Apr, 2015 12:00am
Turkey summons Tunisian envoy over Syria accusations

Turkey summons Tunisian envoy over Syria accusations

Turkey on Friday summoned Tunisia's ambassador to explain remarks made by the Tunisian foreign minister accusing Ankara of facilitating the transit of jihadist fighters bound for neighbouring Syria and Iraq, a Turkish official said.
Published 04 Apr, 2015 12:00am
Netanyahu says Iran must accept Israel's existence

Netanyahu says Iran must accept Israel's existence

Prime Minister Benjamin Netanyahu demanded that Iranian recognition of Israel's right to exist be written into an emerging nuclear deal, as he convened top officials for talks on Friday. After meeting his security cabinet, which comprises key ministers, N
Published 04 Apr, 2015 12:00am
European cinema pays tribute to arthouse director Oliveira

European cinema pays tribute to arthouse director Oliveira

Tributes poured in Friday for Portuguese director Manoel de Oliveira, who has died at the age of 106, after a long and fruitful career spanning the silent and digital eras of film. Word of Oliveira's death on Thursday unleashed a flurry of tributes from a
Published 04 Apr, 2015 12:00am
Afghan family of seven killed in yet another roadside bombing

Afghan family of seven killed in yet another roadside bombing

A roadside bomb killed seven members of a family in Taliban-infested eastern Afghanistan on Friday, officials said, an attack bearing chilling similarities to a recent bombing in a neighbouring province. The victims - among them four children and a woman
Published 04 Apr, 2015 12:00am
France moves to ban sunbed adverts, access for kids

France moves to ban sunbed adverts, access for kids

France's parliament approved a draft law Friday banning advertising for artificial tanning beds and salons, and prohibiting people under 18 from using to the popular yet potentially dangerous ultraviolet technology.
Published 04 Apr, 2015 12:00am
Day care centres at DHQ, Allied Hospitals FIC inaugurated

Day care centres at DHQ, Allied Hospitals FIC inaugurated

Provincial Minister for Women Development Hameeda Waheed Uddin has said that government is taking revolutionary steps for the economic empowerment and betterment of the women. She said this while addressing the inaugural ceremony of day care centres at DH
Published 04 Apr, 2015 12:00am
Punjab to launch health insurance scheme by June

Punjab to launch health insurance scheme by June

The Punjab is launching a health insurance scheme by the end of June this year to provide quality healthcare to the poor and the low-middle class. The revelation came in a Punjab Health Initiative Management Company's board of directors' gathering on Frid
Published 04 Apr, 2015 12:00am
Sahiwal, Jhang universities: bills introduced in Punjab Assembly

Sahiwal, Jhang universities: bills introduced in Punjab Assembly

Two bills, the University of Sahiwal Bill 2015 and the University of Jhang Bill, were introduced in the 13th session of the Punjab Assembly here on Friday. The bills have been sent to parliamentary committees for further deliberation.
Published 04 Apr, 2015 12:00am
Milk processing industry has bright future: PDA Chairman

Milk processing industry has bright future: PDA Chairman

A growing number of quality conscious people are propelling a growth of 10-15 percent annually in Pakistan's milk processing industry and hence in the years ahead this vital sector has a bright future.
Published 04 Apr, 2015 12:00am
Sarwar welcomes formation of JC

Sarwar welcomes formation of JC

A former governor and senior member of the Pakistan Tehreek-e-Insaf on Friday welcomed the formation of the judicial commission, terming it a symbol of victory for the party. Mohammad Sarwar claimed that the rigging in the 2013 general elections soon woul
Published 04 Apr, 2015 12:00am
Around 14.83 million cotton bales reach ginneries

Around 14.83 million cotton bales reach ginneries

Seed cotton (Phutti) equivalent to 14.83 million or 14,838,605 bales have reached ginneries across Pakistan till April 1, 2015, depicting an increase in arrivals by 10.85 percent compared to corresponding period of last year.
Published 04 Apr, 2015 12:00am
Computerisation of land record: Sindh seeks Punjab's help

Computerisation of land record: Sindh seeks Punjab's help

A delegation of senior officials led by Senior Member of the Sindh Board of Revenue Shoaib Ahmed Siddiqui visited the office of the Board of Revenue, Punjab, here on Friday, and requested for land record computerisation for Sindh so that the land mafia co
Published 04 Apr, 2015 12:00am
'PML-Q will be reorganised'

'PML-Q will be reorganised'

Provincial President PML Sindh Haleem Adil Shaikh along with other party leaders called on Pakistan Muslim League-Q (PML-Q) President and former Prime Minister Chaudhry Shujaat Hussain and senior central leader and former Deputy Prime Minister Chaudhry Pa
Published 04 Apr, 2015 12:00am
Shahbaz reviews implementation of steps under NAP

Shahbaz reviews implementation of steps under NAP

Punjab Chief Minister Shahbaz Sharif on Friday chaired meeting of the Provincial Apex Committee to review the detailed implementation of measures being taken under the National Action Plan to eradicate terrorism.
Published 04 Apr, 2015 12:00am
GCU pays tribute to Dr Leitner

GCU pays tribute to Dr Leitner

The Government College University on Friday held a ceremony to pay tribute to its founder principal and Hungarian national, Dr Gottlieb Wilhelm Leitner (1840-1899), in collaboration with the Hungarian Embassy.
Published 04 Apr, 2015 12:00am
PUC, allied bodies observe Youm-e-Yakjehti

PUC, allied bodies observe Youm-e-Yakjehti

Pakistan Ulema Council (PUC) and its allied organisation Wafaqul Masajid Pakistan on Friday observed "Youm-e-Yakjehti" across the country to show solidarity with the brotherly country. Addressing the participants of the "Youm-e-Yakjehti" the speakers said
Published 04 Apr, 2015 12:00am
Ukraine to increase trade volume: envoy

Ukraine to increase trade volume: envoy

The ambassador of Ukraine in Islamabad, Volodymyr Lakomov, on Friday observed that nearly 70 percent of his compatriots now favoured European Union from earlier 50 percent, also expressing his country's determination to double the volume of trade with Pak
Published 04 Apr, 2015 12:00am
2,050 'ghost' employees identified in KMC & KWSB

2,050 'ghost' employees identified in KMC & KWSB

Administrator Karachi Saqib Ahmed Soomro said here on Friday that as many as 1800 ghost employees have been identified in Karachi Metropolitan Corporation's (KMC) education department and 250 others in Karachi Water & Sewerage Board (KWSB) and, as such, t
Published 04 Apr, 2015 12:00am
143,368 people to go to Hajj this year

143,368 people to go to Hajj this year

As many as 143,368 people will go to Saudi Arabia for performing Hajj this year and applications for fulfilling this important Islamic obligation would be received from April 15 to 23. The Hajj policy 2015 was presented on Friday in the National Assembly
Published 04 Apr, 2015 12:00am
Shops in Empress Mall: ballot held

Shops in Empress Mall: ballot held

The balloting of shops in the Empress Mall, a commercial project of the Karachi Metropolitan Corporation (KMC), was conducted here on Friday. The project is being constructed in place of Old Shahabuddin Market in Saddar area. Addressing on the occasion, K
Published 04 Apr, 2015 12:00am
Joint session summoned on April 6

Joint session summoned on April 6

The President Islamic Republic of Pakistan has summoned the Majlis-e- Shoora (Parliament) to meet in Joint Sitting in Parliament House, Islamabad on 6th April, 2015 at 11:00 am. The President has summoned the Majlis-e-Shoora (Parliament) in exercise of th
Published 04 Apr, 2015 12:00am
Two schemes under BISP await BoD's nod

Two schemes under BISP await BoD's nod

The board of directors of the Benazir Income Support Programme (BISP) has to decide the fate of two key programmes - Waseela-e-Rozgar and Waseela-e Haq. The management has currently put on hold these two programmes citing operational reasons and redesigni
Published 04 Apr, 2015 12:00am
Sri Lankan President due on April 5

Sri Lankan President due on April 5

Sri Lankan President Maithripala Sirisena will arrived on a three-day state visit tomorrow (Sunday) for holding talks with Pakistani leadership on bilateral issue. According to Foreign Office spokesperson Tasnim Aslam, this will be the first visit by the
Published 04 Apr, 2015 12:00am
Royal Palm Rose Flower Show begins today

Royal Palm Rose Flower Show begins today

The annual Royal Palm Rose Flower Show 2015 begins at the Royal Palm Flowers arena on Saturday. The show, which is expected to draw in flower lovers, breeders and the public members, lasts for over two days, with the official opening being scheduled for A
Published 04 Apr, 2015 12:00am
PU Book Fair: over 45,000 books sold on first day

PU Book Fair: over 45,000 books sold on first day

Over 45,000 books were sold on the first day of Pakistan's largest book fair being organised by the Punjab University administration at the New Campus. On the second day, journalists including Ataur Rehman, Dr Ajmal Niazi, Najam Wali Khan, Mian Habibullah
Published 04 Apr, 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 31, 2014.

Published 04 Apr, 2015 12:00am
Kharif crops IRSA allocates 71.26MAF water to provinces

Kharif crops IRSA allocates 71.26MAF water to provinces

The Indus River System Authority has allocated 71.26 MAF water to provinces for sowing and growing Kharif crops from 1st April to 30th September 2015. Punjab Irrigation consultant Eng. M.H. Siddiqui told Business Recorder here on Friday that there
Published 04 Apr, 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 31, 2014.

Published 04 Apr, 2015 12:00am
Fazl meets Shahbaz

Fazl meets Shahbaz

Leader of Jamiat Ulema Islam (F) Maulana Fazalur Rehman called on Punjab Chief Minister Muhammad Shahbaz Sharif, here Friday. Matters of mutual interest, political affairs and overall situation of the country were discussed in the meeting. Speaking on the
Published 04 Apr, 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 31, 2014.

Published 04 Apr, 2015 12:00am
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